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After years of financial struggles, one of the largest freight carriers in the United States has reached the end of the road. Nashville, Tennessee-based Yellow Corp. has ceased all operations and filed for bankruptcy, putting some 30,000 workers out of a job.
The collapse comes less than three years after Yellow accepted a $700 million pandemic-era bailout from the U.S. government in exchange for a 30% stake in the company. That loan allowed the company to stay afloat throughout its restructuring plan, but the company says economic headwinds and a contract dispute with its workers union put the company in a dicey financial position.
SEE MORE: Strike averted: UPS reaches tentative deal with 340K unionized workers
The International brotherhood of Teamsters, which represents some 22,000 unionized Yellow workers, called the bankruptcy "unfortunate but not surprising."
"Yellow has historically proven that it could not manage itself despite billions of dollars in worker concessions and hundreds of millions in bailout funding from the federal government," Teamsters General President Sean M. O'Brien said in a statement. "This is a sad day for workers and the American freight industry."
Formerly known as YRC Worldwide, Inc., Yellow is one of the nation's largest less-than-truckload carriers. The company currently holds more than $1.5 billion in outstanding debt and and its stock is now trading at less than $1 per share.
In May, the company reported a $54.6 million loss in the first quarter of 2023.
Trending stories at Scrippsnews.com | https://www.kxxv.com/trucking-firm-yellow-corp-files-for-bankruptcy-ceases-all-operations | 2023-07-31T13:13:47 | 1 | https://www.kxxv.com/trucking-firm-yellow-corp-files-for-bankruptcy-ceases-all-operations |
RICHMOND, Va. (WRIC) — On Thursday, July 27, Ryann Daniels was sentenced to 25 years in prison after crashing his car into an SUV and killing two people on Thanksgiving Day in 2020.
On Monday, May 22, Daniels pled guilty to being high on heroin while he drove a pickup truck nearly twice the speed limit and did not bake while he ran a red light and crashed into an SUV that was carrying two people, according to Richmond Police.
The crash killed 58-year-old Kevin Hancock and 52-year-old Karen Murphy, who were inside the SUV at the time of the crash. Eddie Hancock, Kevin Hancock’s brother, was also seriously injured in the crash. The impact occurred on Brookland Park Boulevard in the Ginter Park Terrace area and smashed into two cars, causing a chain reaction crash on Chamberlayne Avenue involving six vehicles.
To read more about Daniels’s conviction, click BELOW: | https://www.wric.com/news/local-news/ryann-daniels-sentenced-to-25-years-in-prison-after-crashing-into-car-killing-two-people-while-high-on-heroin/ | 2023-07-31T13:13:47 | 0 | https://www.wric.com/news/local-news/ryann-daniels-sentenced-to-25-years-in-prison-after-crashing-into-car-killing-two-people-while-high-on-heroin/ |
CENTRAL TEXAS — We've seen our rounds of heat this year, but this stretch we are going into very well could be one of the hottest of 2023. If our forecast verifies, it will be the hottest 5-7 day stretch of the year. It begins today with an EXCESSIVE HEAT WARNING in effect. Highs will exceed 105 in most locations with feel-like temperatures nearing 110 in spots. The only thing that will be in the sky will be some high clouds, but that will do little to cool us off.
With the lack of rain, there will be a high fire danger in place, especially along and west of I-35. Be sure to avoid activities that could create sparks, and do not burn! Burn bans are in effect for all of Central Texas.
We'll stay at or above 105 through most of the week, but there are some signs our high pressure dome could back off early next week. This could be enough to bring a weak cold front, bringing the potential for a few showers. Stay tuned!
Have a great Monday and stay cool!
Meteorologist Josh Johns
25 Weather | https://www.kxxv.com/weather/excessive-heat-warning-again-monday | 2023-07-31T13:13:48 | 0 | https://www.kxxv.com/weather/excessive-heat-warning-again-monday |
NEW YORK (AP) — Six straight days of 12-hour driving. Single digit paychecks. The complaints come from workers in vastly different industries: UPS delivery drivers and Hollywood actors and writers.
But they point to an underlying factor driving a surge of labor unrest: The cost to workers whose jobs have changed drastically as companies scramble to meet customer expectations for speed and convenience in industries transformed by technology.
The COVID-19 pandemic accelerated those changes, pushing retailers to shift online and intensifying the streaming competition among entertainment companies. Now, from the picket lines, workers are trying to give consumers a behind-the-scenes look at what it takes to produce a show that can be binged any time or get dog food delivered to their doorstep with a phone swipe.
Overworked and underpaid employees is an enduring complaint across industries — from delivery drivers to Starbucks baristas and airline pilots — where surges in consumer demand have collided with persistent labor shortages. Workers are pushing back against forced overtime, punishing schedules or company reliance on lower-paid, part-time or contract forces.
At issue for Hollywood screenwriters and actors staging their first simultaneous strikes in 40 years is the way streaming has upended entertainment economics, slashing pay and forcing showrunners to produce content faster with smaller teams.
“This seems to happen to many places when the tech companies come in. Who are we crushing? It doesn’t matter,” said Danielle Sanchez-Witzel, a screenwriter and showrunner on the negotiating team for the Writers Guild of America, whose members have been on strike since May. Earlier this month, the Screen Actors Guild–American Federation of Television and Radio Artists joined the writers’ union on the picket line.
Actors and writers have long relied on residuals, or long-term payments, for reruns and other airings of films and televisions shows. But reruns aren’t a thing on streaming services, where series and films simply land and stay with no easy way, such as box office returns or ratings, to determine their popularity.
Consequently, whatever residuals streaming companies do pay often amount to a pittance, and screenwriters have been sharing tales of receiving single digit checks.
Adam Shapiro, an actor known for the Netflix hit “Never Have I Ever,” said many actors were initially content to accept lower pay for the plethora of roles that streaming suddenly offered. But the need for a more sustainable compensation model gained urgency when it became clear streaming is not a sideshow, but rather the future of the business, he said.
“Over the past 10 years, we realized: ‘Oh, that’s now how Hollywood works. Everything is streaming,’” Shapiro said during a recent union event.
Shapiro, who has been acting for 25 years, said he agreed to a contract offering 20% of his normal rate for “Never Have I Ever” because it seemed like “a great opportunity, and it’s going to be all over the world. And it was. It really was. Unfortunately, we’re all starting to realize that if we keep doing this we’re not going to be able to pay our bills.”
Then there’s the rising use of “mini rooms,” in which a handful of writers are hired to work only during pre-production, sometimes for a series that may take a year to be greenlit, or never get picked up at all.
Sanchez-Witzel, co-creator of the recently released Netflix series “Survival of the Thickest,” said television shows traditionally hire robust writing teams for the duration of production. But Netflix refused to allow her to keep her team of five writers past pre-production, forcing round-the-clock work on rewrites with just one other writer.
“It’s not sustainable and I’ll never do that again,” she said.
Sanchez-Witzel said she was struck by the similarities between her experience and those of UPS drivers, some of whom joined the WGA for protests as they threatened their own potentially crippling strike. UPS and the Teamsters last week reached a tentative contract staving off the strike.
Jeffrey Palmerino, a full-time UPS driver near Albany, New York, said forced overtime emerged as a top issue during the pandemic as drivers coped with a crush of orders on par with the holiday season. Drivers never knew what time they would get home or if they could count on two days off each week, while 14-hour days in trucks without air conditioning became the norm.
“It was basically like Christmas on steroids for two straight years. A lot of us were forced to work six days a week, and that is not any way to live your life,” said Palmerino, a Teamsters shop steward.
Along with pay raises and air conditioning, the Teamsters won concessions that Palmerino hopes will ease overwork. UPS agreed to end forced overtime on days off and eliminate a lower-paid category of drivers who work shifts that include weekends, converting them to full-time drivers. Union members have yet to ratify the deal.
The Teamsters and labor activists hailed the tentative deal as a game-changer that would pressure other companies facing labor unrest to raise their standards. But similar outcomes are far from certain in industries lacking the sheer economic indispensability of UPS or the clout of its 340,000-member union.
Efforts to organize at Starbucks and Amazon stalled as both companies aggressively fought against unionization.
Still, labor protests will likely gain momentum following the UPS contract, said Patricia Campos-Medina, executive director of the Worker Institute at the School of Industrial and Labor Relations at Cornell University, which released a report this year that found the number of labor strikes rose 52% in 2022.
“The whole idea that consumer convenience is above everything broke down during the pandemic. We started to think, ‘I’m at home ordering, but there is actually a worker who has to go the grocery store, who has to cook this for me so that I can be comfortable,’” Campos-Medina said. | https://www.wric.com/news/u-s-world/customers-want-instant-gratification-workers-say-theyre-on-the-brink/ | 2023-07-31T13:13:53 | 0 | https://www.wric.com/news/u-s-world/customers-want-instant-gratification-workers-say-theyre-on-the-brink/ |
Kensho Technologies and S&P Global Market Intelligence Recognized for Industry-Leading platforms S&P Global Marketplace and Capital IQ Pro
NEW YORK, July 31, 2023 /PRNewswire/ -- S&P Global (NYSE: SPGI) announced today Kensho Technologies and the S&P Global Market Intelligence division were named 2023's Best Artificial Intelligence (AI) Technology Provider by Waters Rankings. Voted on by thousands of end users, the Waters Rankings are the only awards program where WatersTechnology's readers determine category winners.
"The rapid acceleration of technology innovation at S&P Global has been powered in large part by the acquisition of Kensho Technologies in 2018," said Ewout Steenbergen, Chief Financial Officer of S&P Global and President of Kensho Technologies. "This early decision and further investments in Artificial Intelligence have improved process efficiencies and enabled us to deliver valuable customer offerings such as S&P Global Marketplace and enhanced AI capabilities to S&P Capital IQ Pro, among many examples. It is an honor to be recognized by WatersTechnology as we strive to uphold S&P Global as an innovative and trusted brand that powers global markets."
The annual Waters Rankings celebrate and recognize the initiatives, innovation and achievements of the industry's leading technology and data providers over the past 12 months. The Waters Rankings are a true reflection of the industry's best-in-class vendors and service providers across 34 categories.
Kensho's suite of AI solutions transform messy, unstructured data, including audio and text, into high-value structured data that powers downstream business and financial decision making. These offerings are made available through S&P Capital IQ Pro and S&P Global Marketplace, both operated by S&P Global Market Intelligence. Unlike traditional AI capabilities, Kensho's AI solutions are trained on top of S&P Global's vast amounts of domain-specific proprietary data and designed with client-to-S&P Global data linkage in mind. Proprietary data training enables Kensho's AI model to outperform generic AI models in business-specific use cases, while data linkage enables deeper, richer and more integrated decision-making insights.
About Kensho Technologies Inc.
Kensho is an artificial intelligence company that builds solutions to unlock insights hidden in messy and unstructured data. Kensho's products are powered by state-of-the-art machine learning techniques that allow customers to unlock insights faster using AI, including voice-to-text transcription, data extraction, data enrichment, and natural language processing, which gives computers the ability to comprehend and analyze human language. The company was acquired by S&P Global in 2018 and continues to operate independently, retaining its distinct brand and culture. For more information, visit www.kensho.com.
About S&P Global
S&P Global (NYSE: SPGI) provides essential intelligence. We enable governments, businesses and individuals with the right data, expertise and connected technology so that they can make decisions with conviction. From helping our customers assess new investments to guiding them through ESG and energy transition across supply chains, we unlock new opportunities, solve challenges and accelerate progress for the world. We are widely sought after by many of the world's leading organizations to provide credit ratings, benchmarks, analytics and workflow solutions in the global capital, commodity and automotive markets. With every one of our offerings, we help the world's leading organizations plan for tomorrow, today.
Media Contacts
Josh Goldstein
S&P Global
Josh.goldstein@spglobal.com
Amanda Oey
S&P Global Market Intelligence
Amanda.oey@spglobal.com
Suzanne Block on Behalf of Kensho
block@shapeandscale.co
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SOURCE S&P Global | https://www.wibw.com/prnewswire/2023/07/31/sampp-global-named-best-artificial-intelligence-technology-provider-by-waterstechnology/ | 2023-07-31T13:13:53 | 0 | https://www.wibw.com/prnewswire/2023/07/31/sampp-global-named-best-artificial-intelligence-technology-provider-by-waterstechnology/ |
(The Hill) — Florida Gov. Ron DeSantis (R), a 2024 GOP presidential candidate, said that fellow presidential candidate and rival, former President Donald Trump’s, “juvenile insults” toward him have helped him.
DeSantis made the remarks during a campaign stop in New Hampshire on Sunday.
“First of all, I mean, I think a lot of this stuff when he hits me with it with juvenile insults, I think that helps me,” DeSantis told reporters. “I don’t think voters like that. I think they look at it and they realize, like, you know what, that’s not effective. And so I don’t think it’s effective.”
DeSantis also said Trump’s insults are just another reminder that millions of voters will not vote for him during this election cycle.
“So I actually don’t mind that at all,” DeSantis added. “I think it’s just a reminder, why there’s so many millions of voters who will never vote for him going forward.”
Trump has targeted DeSantis with a slew of insults throughout the campaign cycle, referring to the governor as “Ron DeSanctimonious”. Trump took his latest shot at DeSantis during the Iowa GOP’s Lincoln Dinner in Des Moines, Iowa last week, telling constituents that he “wouldn’t take a chance on that one.”
This comes as DeSantis, who was once seen as a real rival to Trump for the Republican Party’s nomination in 2024, has fallen in polls since announcing his presidential campaign in May.
The 44-year-old politician recently laid off 38 staff members as his campaign seeks to revamp itself in the race for the presidency. | https://www.wric.com/news/u-s-world/desantis-says-trumps-juvenile-insults-help-him/ | 2023-07-31T13:13:59 | 1 | https://www.wric.com/news/u-s-world/desantis-says-trumps-juvenile-insults-help-him/ |
BURLINGTON, Mass., July 31, 2023 /PRNewswire/ -- SEKISUI Diagnostics announces the launch of the OSOM COVID-19 Antigen Home Test to diagnose COVID-19 at home.
The OSOM COVID-19 Antigen Home Test is a lateral flow immunoassay device intended for the qualitative detection of nucleocapsid protein antigen from SARS-CoV-2 virus. As with other OSOM Rapid Tests, it is made in the USA and supported by a highly skilled technical support team of medical technologists/professionals.
"We are excited to be able to provide consumers with more tools to help diagnose COVID-19 in a fast, easy-to-use format that can be purchased over the counter. This supports our goal of bringing diagnostics to where they are needed most, which in this case is at home, so people do not have to travel to medical facilities and can treat or quarantine quickly", said Erica Blight, VP of Client Services, Clinical Research & Marketing.
SEKISUI Diagnostics is a well-known provider of many rapid testing solutions to the professional market through a portfolio of point-of-care tests under the OSOM and Acucy® brands. These simple, high performing tests have provided flexibility to healthcare professionals for decades and are now being brought to the home testing market.
"Our entrance into the home testing market is another way we are providing solutions to enhance life with science to improve the health of all people. We understand home testing is a valuable tool and becoming more accepted and necessary, especially when we are experiencing significant waves of respiratory infections as we have seen in previous seasons", said Bob Schruender, President & CEO.
About the OSOM® COVID-19 Antigen Home Test
This product has not been FDA cleared or approved but has been authorized by FDA under a conditional EUA. This product has been authorized only for the detection of proteins from SARS-CoV-2, not for any other viruses or pathogens; and the conditional emergency use of this product is only authorized for the duration of the declaration that circumstances exist justifying the authorization of emergency use of in vitro diagnostics for detection and/or diagnosis of COVID-19 under Section 564(b)(1) of the Federal Food, Drug and Cosmetic Act, 21 U.S.C. § 360bbb-3(b)(1), unless the declaration is terminated, or authorization is revoked sooner.
About SEKISUI Diagnostics:
With over 40 years of experience, SEKISUI Diagnostics' mission is to provide intelligent solutions to enhance life with science and improve the health of all people. We supply innovative medical diagnostics globally to physicians, hospitals, laboratories and alternate testing locations.
Our product lines include clinical chemistry reagents, point-of-care tests, pre-analytic systems as well as enzymes and specialty biochemicals.
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SOURCE SEKISUI DIAGNOSTICS, LLC | https://www.wibw.com/prnewswire/2023/07/31/sekisui-diagnostics-announces-launch-osom-covid-19-antigen-home-test/ | 2023-07-31T13:14:00 | 1 | https://www.wibw.com/prnewswire/2023/07/31/sekisui-diagnostics-announces-launch-osom-covid-19-antigen-home-test/ |
NEW YORK (AP) — Six straight days of 12-hour driving. Single digit paychecks. The complaints come from workers in vastly different industries: UPS delivery drivers and Hollywood actors and writers.
But they point to an underlying factor driving a surge of labor unrest: The cost to workers whose jobs have changed drastically as companies scramble to meet customer expectations for speed and convenience in industries transformed by technology.
The COVID-19 pandemic accelerated those changes, pushing retailers to shift online and intensifying the streaming competition among entertainment companies. Now, from the picket lines, workers are trying to give consumers a behind-the-scenes look at what it takes to produce a show that can be binged any time or get dog food delivered to their doorstep with a phone swipe.
Overworked and underpaid employees is an enduring complaint across industries — from delivery drivers to Starbucks baristas and airline pilots — where surges in consumer demand have collided with persistent labor shortages. Workers are pushing back against forced overtime, punishing schedules or company reliance on lower-paid, part-time or contract forces.
At issue for Hollywood screenwriters and actors staging their first simultaneous strikes in 40 years is the way streaming has upended entertainment economics, slashing pay and forcing showrunners to produce content faster with smaller teams.
“This seems to happen to many places when the tech companies come in. Who are we crushing? It doesn’t matter,” said Danielle Sanchez-Witzel, a screenwriter and showrunner on the negotiating team for the Writers Guild of America, whose members have been on strike since May. Earlier this month, the Screen Actors Guild–American Federation of Television and Radio Artists joined the writers’ union on the picket line.
Actors and writers have long relied on residuals, or long-term payments, for reruns and other airings of films and televisions shows. But reruns aren’t a thing on streaming services, where series and films simply land and stay with no easy way, such as box office returns or ratings, to determine their popularity.
Consequently, whatever residuals streaming companies do pay often amount to a pittance, and screenwriters have been sharing tales of receiving single digit checks.
Adam Shapiro, an actor known for the Netflix hit “Never Have I Ever,” said many actors were initially content to accept lower pay for the plethora of roles that streaming suddenly offered. But the need for a more sustainable compensation model gained urgency when it became clear streaming is not a sideshow, but rather the future of the business, he said.
“Over the past 10 years, we realized: ‘Oh, that’s now how Hollywood works. Everything is streaming,’” Shapiro said during a recent union event.
Shapiro, who has been acting for 25 years, said he agreed to a contract offering 20% of his normal rate for “Never Have I Ever” because it seemed like “a great opportunity, and it’s going to be all over the world. And it was. It really was. Unfortunately, we’re all starting to realize that if we keep doing this we’re not going to be able to pay our bills.”
Then there’s the rising use of “mini rooms,” in which a handful of writers are hired to work only during pre-production, sometimes for a series that may take a year to be greenlit, or never get picked up at all.
Sanchez-Witzel, co-creator of the recently released Netflix series “Survival of the Thickest,” said television shows traditionally hire robust writing teams for the duration of production. But Netflix refused to allow her to keep her team of five writers past pre-production, forcing round-the-clock work on rewrites with just one other writer.
“It’s not sustainable and I’ll never do that again,” she said.
Sanchez-Witzel said she was struck by the similarities between her experience and those of UPS drivers, some of whom joined the WGA for protests as they threatened their own potentially crippling strike. UPS and the Teamsters last week reached a tentative contract staving off the strike.
Jeffrey Palmerino, a full-time UPS driver near Albany, New York, said forced overtime emerged as a top issue during the pandemic as drivers coped with a crush of orders on par with the holiday season. Drivers never knew what time they would get home or if they could count on two days off each week, while 14-hour days in trucks without air conditioning became the norm.
“It was basically like Christmas on steroids for two straight years. A lot of us were forced to work six days a week, and that is not any way to live your life,” said Palmerino, a Teamsters shop steward.
Along with pay raises and air conditioning, the Teamsters won concessions that Palmerino hopes will ease overwork. UPS agreed to end forced overtime on days off and eliminate a lower-paid category of drivers who work shifts that include weekends, converting them to full-time drivers. Union members have yet to ratify the deal.
The Teamsters and labor activists hailed the tentative deal as a game-changer that would pressure other companies facing labor unrest to raise their standards. But similar outcomes are far from certain in industries lacking the sheer economic indispensability of UPS or the clout of its 340,000-member union.
Efforts to organize at Starbucks and Amazon stalled as both companies aggressively fought against unionization.
Still, labor protests will likely gain momentum following the UPS contract, said Patricia Campos-Medina, executive director of the Worker Institute at the School of Industrial and Labor Relations at Cornell University, which released a report this year that found the number of labor strikes rose 52% in 2022.
“The whole idea that consumer convenience is above everything broke down during the pandemic. We started to think, ‘I’m at home ordering, but there is actually a worker who has to go the grocery store, who has to cook this for me so that I can be comfortable,’” Campos-Medina said. | https://www.binghamtonhomepage.com/news/national-news/customers-want-instant-gratification-workers-say-theyre-on-the-brink/ | 2023-07-31T13:14:00 | 0 | https://www.binghamtonhomepage.com/news/national-news/customers-want-instant-gratification-workers-say-theyre-on-the-brink/ |
(The Hill) – Dozens of former Cabinet officials under former President Trump’s administration declined to publicly support the former president’s third bid for the White House, NBC News reported.
NBC News reached out to 44 people who previously served in Trump’s Cabinet during his four years in office to gauge whether they would support the former president during the 2024 presidential election. The outlet reported that most of the people declined to comment or ignored the requests and that only four said publicly they would support Trump for the presidency.
Trump’s Cabinet saw a higher rate of turnover compared with many of his predecessors, with many new officials rotating in and out of his administration over the four years. The only four former Cabinet members who NBC News reached out to who said they would support Trump are former acting Attorney General Matthew Whitaker, former chief of staff Mark Meadows, former Office of Management and Budget (OMB) director Russell Vought and former acting director of national intelligence Richard Grenell.
A spokesperson for Meadows told NBC News that he “fully” supports Trump. In May, Vought posted on X, the site formerly known as Twitter, that the former president is “the only person I trust to take a wrecking ball to the Deep State.”
Other former administration officials were reluctant to support Trump or have publicly said they will not support him. Former Attorney General Bill Barr told NBC News that he opposes Trump getting the 2024 GOP nomination but declined whether to say he would support him in the general election if pitted against President Biden.
Top Stories from The Hill
- White House takes the gloves off ahead of 2024
- Trump attorney calls him ‘the most ethical American I know’ in wake of superseding indictment
- Murphy says Alito’s Supreme Court seat ‘exists only because of an act passed by Congress’
- Trump attorney calls him ‘the most ethical American I know’ in wake of superseding indictment
Former chief of staff Mick Mulvaney also said that he does not want Trump to get the Republican nomination for president.
“I am working hard to make sure that someone else is the nominee,” Mulvaney told NBC News. “I think he’s the Republican who is most likely to lose in a general election, of all our leading candidates. If anyone can lose to Joe Biden, it would be him.”
Other former officials who have not endorsed Trump yet include former Secretary of State Mike Pompeo, former Defense Secretary Patrick Shanahan, former chief of staff John Kelly and Joseph Maguire and Dan Coats, who each once served as director of national intelligence. Coats told NBC News that he would be supporting former Vice President Mike Pence for the GOP primary.
The Hill has reached out to Trump’s campaign for comment. | https://www.wric.com/news/u-s-world/dozens-of-former-trump-cabinet-officials-wont-publicly-support-his-2024-bid/ | 2023-07-31T13:14:05 | 1 | https://www.wric.com/news/u-s-world/dozens-of-former-trump-cabinet-officials-wont-publicly-support-his-2024-bid/ |
SALT LAKE CITY, July 31, 2023 /PRNewswire/ -- Sera Prognostics Inc., The Pregnancy Company® (NASDAQ: SERA), focused on improving maternal and neonatal health by providing innovative pregnancy biomarker information to doctors and patients, today announced that it will report second quarter fiscal year 2023 financial results on Wednesday, August 9, 2023, after the close of the market. The Company will host a corresponding conference call and live webcast to discuss operational highlights, financial results and key topics at 5:00 p.m. Eastern Time. A press release outlining the financial results and highlights will be publicly distributed before the call.
Conference Call Details:
US domestic callers: (866) 218-2405
International callers: (412) 902-6607
Webcast Registration Link: https://app.webinar.net/5ZK3j2xMqY7
Live audio of the webcast will be available online from the Investors page of the Company's website at www.seraprognostics.com. The webcast will be archived on the Investors page and will be available for one year.
About Sera Prognostics, Inc.
Sera Prognostics is a leading health diagnostics company dedicated to improving the lives of women and babies through precision pregnancy care. Sera's mission is to provide early, pivotal pregnancy information to improve the health of mothers and newborns, resulting in reductions in the costs of healthcare delivery. Sera has a robust pipeline of innovative diagnostic tests focused on the early prediction of preterm birth risk and other complications of pregnancy. Sera's precision medicine PreTRM® Test reports to a physician the individualized risk of spontaneous premature delivery in a pregnancy, enabling earlier proactive interventions in women with higher risk. Sera Prognostics is headquartered in Salt Lake City, Utah.
About Preterm Birth
Preterm birth is defined as any birth before 37 weeks' gestation and is the leading cause of illness and death in newborns. The 2022 March of Dimes Report Card shows that, for the last four consecutive years, more than one in ten infants is born prematurely. Prematurity is associated with a significantly increased risk of major long-term medical complications, including learning disabilities, cerebral palsy, chronic respiratory illness, intellectual disability, seizures, and vision and hearing loss, and can generate significant costs throughout the lives of affected children. The annual health care costs to manage short- and long-term complications of prematurity in the United States were estimated to be approximately $25 billion for 2016.
About the PreTRM® Test
The PreTRM® Test is the only broadly validated, commercially available blood-based biomarker test that provides an early, accurate and individualized risk prediction for spontaneous preterm birth in asymptomatic singleton pregnancies. The PreTRM® Test measures and analyzes proteins in the blood that are highly predictive of preterm birth. The PreTRM® Test permits physicians to identify, during the weeks 18 through 20 of pregnancy, which women are at increased risk for preterm birth and its complications, enabling more informed, personalized clinical decisions based on each woman's individual risk. The PreTRM® Test is ordered by a medical professional.
Sera Prognostics, the Sera Prognostics logo, The Pregnancy Company, and PreTRM are trademarks or registered trademarks of Sera Prognostics, Inc. in the United States and/or other countries.
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the date, time and content of the Company's quarterly earnings release and conference call; and the company's strategic directives under the caption "About Sera Prognostics, Inc." These "forward-looking statements" are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by forward-looking statements. These risks and uncertainties include, but are not limited to: net losses, cash generation, and the potential need to raise more capital; revenues from the PreTRM Test representing substantially all Company revenues to date; the need for broad scientific and market acceptance of the PreTRM Test; a concentrated number of material customers; our ability to introduce new products; potential competition; our proprietary biobank; critical suppliers; the COVID-19 pandemic and its potential lingering impact on our operations, as well as the business or operations of third parties with whom we conduct business; estimates of total addressable market opportunity and forecasts of market growth; potential third-party payer coverage and reimbursement; new reimbursement methodologies applicable to the PreTRM Test, including new CPT codes and payment rates for those codes; changes in FDA regulation of laboratory-developed tests; the intellectual property rights protecting our tests and market position; and other factors discussed under the heading "Risk Factors" contained in our Final Prospectus on Form S-1, which was filed with the Securities and Exchange Commission on July 14, 2021, as well as any updates to those risk factors filed from time to time in our Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K, or Current Reports on Form 8-K. All information in this press release is as of the date of the release, and the Company undertakes no duty to update this information unless required by law.
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SOURCE Sera Prognostics, Inc. | https://www.wibw.com/prnewswire/2023/07/31/sera-prognostics-announces-conference-call-webcast-second-quarter-fiscal-year-2023-financial-results-august-9-2023/ | 2023-07-31T13:14:06 | 0 | https://www.wibw.com/prnewswire/2023/07/31/sera-prognostics-announces-conference-call-webcast-second-quarter-fiscal-year-2023-financial-results-august-9-2023/ |
(The Hill) — Florida Gov. Ron DeSantis (R), a 2024 GOP presidential candidate, said that fellow presidential candidate and rival, former President Donald Trump’s, “juvenile insults” toward him have helped him.
DeSantis made the remarks during a campaign stop in New Hampshire on Sunday.
“First of all, I mean, I think a lot of this stuff when he hits me with it with juvenile insults, I think that helps me,” DeSantis told reporters. “I don’t think voters like that. I think they look at it and they realize, like, you know what, that’s not effective. And so I don’t think it’s effective.”
DeSantis also said Trump’s insults are just another reminder that millions of voters will not vote for him during this election cycle.
“So I actually don’t mind that at all,” DeSantis added. “I think it’s just a reminder, why there’s so many millions of voters who will never vote for him going forward.”
Trump has targeted DeSantis with a slew of insults throughout the campaign cycle, referring to the governor as “Ron DeSanctimonious”. Trump took his latest shot at DeSantis during the Iowa GOP’s Lincoln Dinner in Des Moines, Iowa last week, telling constituents that he “wouldn’t take a chance on that one.”
This comes as DeSantis, who was once seen as a real rival to Trump for the Republican Party’s nomination in 2024, has fallen in polls since announcing his presidential campaign in May.
The 44-year-old politician recently laid off 38 staff members as his campaign seeks to revamp itself in the race for the presidency. | https://www.binghamtonhomepage.com/news/national-news/desantis-says-trumps-juvenile-insults-help-him/ | 2023-07-31T13:14:08 | 0 | https://www.binghamtonhomepage.com/news/national-news/desantis-says-trumps-juvenile-insults-help-him/ |
(The Hill) — A popular narrative suggests young people are liberal and getting more liberal. Thus, social media buzzed when a chart surfaced in spring that seemed to suggest that 12th-grade boys had become overwhelmingly conservative.
As with many Reddit posts and viral tweets, the truth was more complicated. But the numbers do say this: Twelfth-grade boys are nearly twice as likely to identify as conservative versus liberal, according to a respected federal survey of American youth.
In annual surveys over the last three years, roughly one-quarter of high school seniors self-identified as conservative or “very conservative” on the Monitoring the Future survey, a scholarly endeavor that dates to the 1970s. Only 13 percent of boys identified as liberal or very liberal in those years.
The figures represent a striking shift in the political views of boys. As recently as the late 2000s, liberal boys occasionally outnumbered conservatives. Back in the Carter era, both boys and girls leaned liberal.
Nowadays, it is girls who are drifting to the left. The share of 12th-grade girls who identified as liberal rose from 19 percent in 2012 to 30 percent in 2022. Only 12 percent of girls identified as conservative in last year’s survey, administered by the University of Michigan.
Young women, too, are trending liberal. Women ages 18 to 29 are more likely to identify as liberal now than at any time in the past two decades, according to Gallup surveys. Young women are almost twice as likely as young men to claim the liberal tag, a widening gender gap in political beliefs.
The political leanings of young men have changed little over the past two decades, according to an analysis by the Survey Center on American Life. Last year, 43 percent of young men identified as moderate, 31 percent as conservative and 24 percent as liberal. Twenty years earlier, the numbers were more or less the same.
But the leftward drift of young women alone has sufficed to move the needle on young adults as a whole. Generation Z favors liberalism over conservatism by a 48-to-33 margin, according to NBC News polling from 2022. Ten years earlier, young adults split evenly between the two political camps.
The rightward drift of high school boys is comparatively subtle. Indeed, when it comes to politics, most boys seem reluctant to pick a side. In the 2022 Monitoring the Future survey, the largest group of senior boys, more than two-fifths, claimed no politics at all, answering the liberal-conservative question with “none of the above” or “I don’t know.” Nearly one-fifth identified as moderate. Only 36 percent selected liberal or conservative as an ideology, and only there did the trend emerge.
Jean Twenge, an author and professor of psychology at San Diego State University, presented the data in her new book, “Generations.” To spotlight the growing gender gap, she couched the numbers in a chart that split boys and girls along ideological lines, omitting moderates and the undecided.
“Among liberals, the future is female,” she wrote. “And among conservatives, the future is male.”
In April, someone posted Twenge’s chart to Reddit. The image also circulated widely on Twitter, the platform formerly known as X. Other researchers took note.
The chart gave the impression, at least on first glance, that two-thirds of 12th-grade boys were now conservative. In the small print beneath, Twenge noted that she had omitted moderates.
The full story is messier and murkier. High school seniors, boys and girls alike, are more likely to claim no political identity than to throw in with either liberals or conservatives.
Much has been written about the liberal drift of young women. The Donald Trump presidency mobilized millions of women, outraged over words and alleged deeds that, to Trump’s critics, suggested unrepentant misogyny. More women embraced liberal politics in response to the conservative drift of the U.S. Supreme Court, a movement emblemized by a 2022 ruling that struck down the constitutional right to abortion.
Less has been said about the politics of 12th-grade boys.
Trump himself may be a key to the conservative trend in that group. The 45th president energized male voters with his rhetoric: his “overt hypermasculinity,” as one NPR analysis put it, and his frequent use of language one might overhear in a high school cafeteria.
“Donald Trump talks like a high school student. Maybe there’s a connection there,” said Robert Palacios, 21, a student at the Catholic University of America and president of District of Columbia College Democrats.
“If you grew up playing video games that were not age-appropriate, and you were sitting in the [virtual] lobby, screaming at the mic, Trump was your president,” said Ethan Benn, also 21, a student at the George Washington University (GWU). “He really channeled that energy.”
More broadly, the conservative wing of the Republican party has made pointed appeals to disaffected men of all ages.
Trump, Florida Governor Ron DeSantis and other conservative beacons have derided “woke” ideology, accusing the left of overreach in seeking redress for injustices involving race, gender and sexual orientation.
Liberal politicians, of course, are just as eager to win the vote of young men. Yet, the progressive agenda seeks equality in gender and race, a platform that costs them some male support, especially among white people. In the 2020 election, Black and Hispanic men voted for Joe Biden at much higher rates than non-Hispanic white people, according to Pew Research data.
As one recent Politico article put it, Democrats have a masculinity problem.
“I believe that traditional notions of masculinity are much more accepted within conservativism,” while feminist values “are clearly one of the driving forces of liberalism,” said Delano Squires, a research fellow at the Heritage Foundation, a conservative think tank.
“I could see male and female students saying, ‘I’m choosing sides.’ Do you want matriarchy, or do you want patriarchy?”
Defenders of the patriarchy reach young men where they live, on social media and in gaming circles. Benn, the GWU student, notes a “sort of intersection of Internet culture and gaming culture with conservative politics” that draws some apolitical young men into conservatism.
Conservative icons Dennis Prager, Ben Shapiro and Steven Crowder boast millions of followers on YouTube, a platform whose ads and viewing suggestions make it easy for a young, male YouTuber “to get sucked into a very conservative sphere of politics and media,” Benn said.
“You could be watching a video about the latest Star Wars movie, and then the next video would be, ‘Here’s how women are ruining Star Wars,’” he said, referencing his own experience. “Even if you aren’t seeking it out, it will come and find you.”
That said, Benn doesn’t remember many of his high school friends talking much about politics.
Neither does Tyler Brown-Dewese, 20, a student at American University (AU).
Brown-Dewese identifies as a “Bill Clinton Democrat.” Back in high school, however, he was a conservative.
“I went to an all-boys Catholic school in New York, and so, a majority of us were Republicans,” he said. Classmates took their cues from parents, friends and social media sites such as Millennial Republicans. “That’s an Instagram page I still follow,” Brown-Dewese said.
But that is not to say he and his friends spent the lunch hour discussing politics. “A lot of them weren’t politically active,” he said. “They didn’t want to talk politics. But if you brought it up, they were going to defend Trump.”
Brown-Dewese’s own politics drifted left when he arrived at AU. “What changed me was, I go to the most liberal university,” he laughed. “Had I known that, I probably wouldn’t have gone.”
Though he is now a Democrat, Brown-Dewese doesn’t really like the word “liberal,” and he suspects other young men feel the same way. Generations of conservatives have equated liberalism with weakness.
Asked to estimate the quotient of liberal women at AU, he laughed again.
“Oh, my goodness. All of them?” | https://www.wric.com/news/u-s-world/high-school-boys-are-trending-conservative/ | 2023-07-31T13:14:11 | 1 | https://www.wric.com/news/u-s-world/high-school-boys-are-trending-conservative/ |
SAN FRANCISCO, July 31, 2023 /PRNewswire/ -- Schubert Jonckheer & Kolbe LLP is investigating potential shareholder derivative claims on behalf of shareholders of Norfolk Southern Corporation (NYSE: NSC).
On February 3, 2023, a Norfolk Southern train derailed in East Palestine, Ohio, releasing toxins and other combustible liquids, which ultimately led to a controlled burn of toxic chemicals. The derailment prompted the evacuation of residents from the surrounding area. Upon returning to their homes, residents reported hazardous air quality and other health and environmental concerns.
On February 8, 2023, Ohio Governor Mike DeWine stated that Norfolk Southern "created the problem" and that it was "their liability" and "ought to pay for it." On February 21, 2023, the U.S. Environmental Protection Agency ordered Norfolk Southern to clean up the site, stating that it "will pay for cleaning up the mess they created and for the trauma they've inflicted on this community." The National Transportation Safety Board's preliminary report stated that the derailment was 100% preventable, and it later opened a special investigation into Norfolk Southern's safety practices because it had experienced five significant accidents since December 2021. On March 14, 2023, Ohio Attorney General Dave Yost filed a complaint against Norfolk Southern alleging a wide range of violations in connection with a series of Norfolk Southern train derailments. On March 16, 2023, purchasers of Norfolk Southern stock filed securities fraud class action claims against the company. On March 31, 2023, the U.S. Department of Justice sued Norfolk Southern seeking penalties and injunctive relief for the unlawful discharge of pollutants, oil, and hazardous substances under the Clean Water Act, and declaratory judgment for past and future costs under the Comprehensive Environmental Response, Compensation, and Liability Act.
The Schubert Firm is investigating potential wrongdoing by Norfolk Southern's officers and directors in connection with these allegations. Norfolk Southern previously recognized $387 million in expenses related to these matters, and on July 27, 2023 announced another $416 million charge, for a total of $803 million.
If you own Norfolk Southern stock and wish to obtain additional information about your legal rights, please contact us today or visit our website at
https://www.classactionlawyers.com/norfolk.
About Schubert Jonckheer & Kolbe LLP
Schubert Jonckheer & Kolbe represents shareholders, employees, and consumers in class actions against corporate defendants, as well as shareholders in derivative actions against their officers and directors. The firm is based in San Francisco, and with the help of co-counsel, litigates cases nationwide.
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SOURCE Schubert Jonckheer & Kolbe LLP | https://www.wibw.com/prnewswire/2023/07/31/shareholder-alert-norfolk-southern-corporation-nsc-officers-directors-face-shareholder-investigation-potential-wrongdoing-related-february-2023-east-palestine-train-derailment-which-has-resulted-803-million-charges/ | 2023-07-31T13:14:13 | 1 | https://www.wibw.com/prnewswire/2023/07/31/shareholder-alert-norfolk-southern-corporation-nsc-officers-directors-face-shareholder-investigation-potential-wrongdoing-related-february-2023-east-palestine-train-derailment-which-has-resulted-803-million-charges/ |
(The Hill) – Dozens of former Cabinet officials under former President Trump’s administration declined to publicly support the former president’s third bid for the White House, NBC News reported.
NBC News reached out to 44 people who previously served in Trump’s Cabinet during his four years in office to gauge whether they would support the former president during the 2024 presidential election. The outlet reported that most of the people declined to comment or ignored the requests and that only four said publicly they would support Trump for the presidency.
Trump’s Cabinet saw a higher rate of turnover compared with many of his predecessors, with many new officials rotating in and out of his administration over the four years. The only four former Cabinet members who NBC News reached out to who said they would support Trump are former acting Attorney General Matthew Whitaker, former chief of staff Mark Meadows, former Office of Management and Budget (OMB) director Russell Vought and former acting director of national intelligence Richard Grenell.
A spokesperson for Meadows told NBC News that he “fully” supports Trump. In May, Vought posted on X, the site formerly known as Twitter, that the former president is “the only person I trust to take a wrecking ball to the Deep State.”
Other former administration officials were reluctant to support Trump or have publicly said they will not support him. Former Attorney General Bill Barr told NBC News that he opposes Trump getting the 2024 GOP nomination but declined whether to say he would support him in the general election if pitted against President Biden.
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Former chief of staff Mick Mulvaney also said that he does not want Trump to get the Republican nomination for president.
“I am working hard to make sure that someone else is the nominee,” Mulvaney told NBC News. “I think he’s the Republican who is most likely to lose in a general election, of all our leading candidates. If anyone can lose to Joe Biden, it would be him.”
Other former officials who have not endorsed Trump yet include former Secretary of State Mike Pompeo, former Defense Secretary Patrick Shanahan, former chief of staff John Kelly and Joseph Maguire and Dan Coats, who each once served as director of national intelligence. Coats told NBC News that he would be supporting former Vice President Mike Pence for the GOP primary.
The Hill has reached out to Trump’s campaign for comment. | https://www.binghamtonhomepage.com/news/national-news/dozens-of-former-trump-cabinet-officials-wont-publicly-support-his-2024-bid/ | 2023-07-31T13:14:14 | 1 | https://www.binghamtonhomepage.com/news/national-news/dozens-of-former-trump-cabinet-officials-wont-publicly-support-his-2024-bid/ |
(NEXSTAR) – When it comes to retirement, where you live can greatly affect just how golden your post-career years actually are.
A new study from Bankrate ranks all 50 U.S. states when it comes to affordability, overall well-being, healthcare quality/cost, weather and crime. With soaring inflation and a volatile stock market, affordability was given the most statistical weight, with the others decreasing respectively.
Iowa is the best state in which to retire, the study found, thanks to its affordability (3), quality/cost of health care (11) and crime (12).
“Choosing where to retire is deeply personal, but Iowa’s affordable cost of living, inexpensive but high-quality health care and low crime make it a compelling option for retirees looking to stretch their retirement income in this economy,” said Bankrate analyst Alex Gailey. “In our overall ranking, the best and worst states for retirees are split geographically. The Midwest and the South claim the top five states, while the Northeast and West claim the bottom five states, primarily because of the differences in cost of living.”
For some residents nearing retirement in Alaska – ranked 50 out of 50 – New York (49), California (48), Washington (47) and Massachusetts (46), a move toward the middle of the country could pay off, Bankrate’s findings suggest.
While all five of the least favorable states scored poorly when it came to affordability, Alaska also ranked last for weather and 49th for crime.
“For many Americans, a comfortable retirement may feel out of reach,” Gailey said. “After battling elevated inflation over the last two years, relocating to find cheaper housing or a lower cost of living may be a good alternative for retirees who have tighter budgets but want to retire comfortably. If you’re considering a late life move to lower your cost of living in retirement, our rankings provide some food for thought.”
The American Association of Retired Persons (AARP) reports that an increasing number of retirees left their home state to find cheaper housing in 2022.
The annual study from Hire A Helper, an online moving-services marketplace, found that 12% of American retirees moved for that reason in 2022, the highest percentage since 2014.
“That kind of cost consciousness is something we haven’t seen at this level since 2014,” Miranda Marquit, chief data analyst at Hire A Helper, told AARP, citing Census data. | https://www.wric.com/news/u-s-world/these-are-the-5-worst-states-to-retire-in-study-finds/ | 2023-07-31T13:14:17 | 0 | https://www.wric.com/news/u-s-world/these-are-the-5-worst-states-to-retire-in-study-finds/ |
SHENZHEN, China, July 31, 2023 /PRNewswire/ -- AMIRO ("the Company"), a leading beauty and skincare technology brand, is thrilled to announce that its research facility, AMIRO LAB, has successfully obtained the Qualified Testing Location (QTL) certification after a comprehensive audit conducted by SGS.
SGS, a globally recognized testing, inspection and certification organization with thousands of branches and laboratories worldwide, introduced the QTL certification for laboratory witness testing. As an SGS-accredited testing location, AMIRO LAB will undergo witness testing by SGS during the certification process, ensuring the accuracy and reliability of the test data. This reduces the time required for companies to transport samples to SGS-designated laboratories for testing, thus effectively shortening the product testing cycle.
"As we receive the QTL certification for AMIRO LAB, it signifies a resounding acknowledgment of our research center's testing capabilities and management efficiency," Jason Chen, Quality Management Director, said. "This milestone propels us into a new phase of strategic cooperation with SGS. Looking ahead, we will forge closer ties in product testing, inspection, certification, and industry standard-setting to drive the high-quality and sustainable development of the skincare technology industry."
Widely recognized as a technology-driven and innovation-focused skincare enterprise, AMIRO has always prioritized research and development. From its inception, AMIRO has established its AMIRO LAB to focus on innovative applications of photonic and medical technologies in the beauty and skincare field. The center boasts a wide array of state-of-the-art equipment, facilitating effective quantitative evaluations.
In a bid to enhance its research and development capabilities, AMIRO has also actively engaged in collaborations between industry, academia, and research institutions, partnering with renowned universities to set up joint R&D centers. These collaborations have enabled AMIRO to advance fundamental research and create products that precisely cater to users' skincare needs.
One exemplary collaboration involves the establishment of the Smart Photonic Medical Technology Joint Research Center with Shanghai Jiao Tong University's School of Biomedical Engineering. This center explores the application and commercialization of photonic therapy in relevant fields. Additionally, the Company has also collaborated with Zhejiang University's School of Pharmacy that led the research on transdermal permeation technology combined with photonic energy. AMIRO has also worked with Sichuan University on a precise skin measurement and evaluation development platform, and with Chongqing University on skin photonic science to study anti-aging skincare solutions for consumers.
AMIRO's prominent position in the industry is further cemented by its active participation in establishing industry standards. The Company has taken an active role in standard-setting initiatives by leveraging its profound R&D capabilities. AMIRO has led the formulation of several industry group standards, including "Guidelines for Face Masks Used in Conjunction with RF Beauty Devices" and "Guidelines for Skincare Products Used in Conjunction with RF and Microcurrent Home Beauty Devices." Moreover, AMIRO has participated in the development of the national standard "Special Requirements for the Safety of Electrical Skin Beauty Devices" to help with the standardization of the industry.
The latest SGS' awarding of the QTL certification to AMIRO is a testament to the brand's advanced laboratory equipment and robust quality management system. This certification represents not only the assurance of product quality but signifies The Company's commitment to enhancing product certification efficiency and accelerating its product launch process to benefit more consumers.
Looking ahead, AMIRO remains committed to optimizing its quality management system as well as its product inspection and testing processes. The Company will continue to translate scientific research achievements into practical applications, delivering simple, safe, and effective products. AMIRO's ultimate goal is to offer precise and tailored skincare solutions for every individual, allowing consumers to experience the beauty of life to the fullest.
For more information about AMIRO and its range of facial devices, please visit their official website.
Or connect with them on social media:
Instagram: https://www.instagram.com/amiroglobal/
Facebook: https://www.facebook.com/AMIRO-Global-103502195623795/
YouTube: https://www.youtube.com/@amiroglobal/featured
About AMIRO
AMIRO, a beauty and skincare technology brand founded in 2015, has been delivering joy and harmony through its technologically advanced home beauty and personal care electronic products. With over 38 international design awards, AMIRO is your trusted skincare partner that offers portable, short-acting, and long-lasting solutions to improve skincare efficiency.
Upholding the idea of "Revitalize beauty through science", AMIRO's products are designed to be affordable, high-quality, and supported by clinical data. With a commitment to sustainability and innovation, AMIRO is dedicated to providing skincare solutions that make women of all ages feel confident and beautiful.
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SOURCE AMIRO | https://www.wibw.com/prnewswire/2023/07/31/skincare-tech-brand-amiro-receives-qtl-certification-sgs-strengthen-rampd-efforts/ | 2023-07-31T13:14:20 | 0 | https://www.wibw.com/prnewswire/2023/07/31/skincare-tech-brand-amiro-receives-qtl-certification-sgs-strengthen-rampd-efforts/ |
(The Hill) — A popular narrative suggests young people are liberal and getting more liberal. Thus, social media buzzed when a chart surfaced in spring that seemed to suggest that 12th-grade boys had become overwhelmingly conservative.
As with many Reddit posts and viral tweets, the truth was more complicated. But the numbers do say this: Twelfth-grade boys are nearly twice as likely to identify as conservative versus liberal, according to a respected federal survey of American youth.
In annual surveys over the last three years, roughly one-quarter of high school seniors self-identified as conservative or “very conservative” on the Monitoring the Future survey, a scholarly endeavor that dates to the 1970s. Only 13 percent of boys identified as liberal or very liberal in those years.
The figures represent a striking shift in the political views of boys. As recently as the late 2000s, liberal boys occasionally outnumbered conservatives. Back in the Carter era, both boys and girls leaned liberal.
Nowadays, it is girls who are drifting to the left. The share of 12th-grade girls who identified as liberal rose from 19 percent in 2012 to 30 percent in 2022. Only 12 percent of girls identified as conservative in last year’s survey, administered by the University of Michigan.
Young women, too, are trending liberal. Women ages 18 to 29 are more likely to identify as liberal now than at any time in the past two decades, according to Gallup surveys. Young women are almost twice as likely as young men to claim the liberal tag, a widening gender gap in political beliefs.
The political leanings of young men have changed little over the past two decades, according to an analysis by the Survey Center on American Life. Last year, 43 percent of young men identified as moderate, 31 percent as conservative and 24 percent as liberal. Twenty years earlier, the numbers were more or less the same.
But the leftward drift of young women alone has sufficed to move the needle on young adults as a whole. Generation Z favors liberalism over conservatism by a 48-to-33 margin, according to NBC News polling from 2022. Ten years earlier, young adults split evenly between the two political camps.
The rightward drift of high school boys is comparatively subtle. Indeed, when it comes to politics, most boys seem reluctant to pick a side. In the 2022 Monitoring the Future survey, the largest group of senior boys, more than two-fifths, claimed no politics at all, answering the liberal-conservative question with “none of the above” or “I don’t know.” Nearly one-fifth identified as moderate. Only 36 percent selected liberal or conservative as an ideology, and only there did the trend emerge.
Jean Twenge, an author and professor of psychology at San Diego State University, presented the data in her new book, “Generations.” To spotlight the growing gender gap, she couched the numbers in a chart that split boys and girls along ideological lines, omitting moderates and the undecided.
“Among liberals, the future is female,” she wrote. “And among conservatives, the future is male.”
In April, someone posted Twenge’s chart to Reddit. The image also circulated widely on Twitter, the platform formerly known as X. Other researchers took note.
The chart gave the impression, at least on first glance, that two-thirds of 12th-grade boys were now conservative. In the small print beneath, Twenge noted that she had omitted moderates.
The full story is messier and murkier. High school seniors, boys and girls alike, are more likely to claim no political identity than to throw in with either liberals or conservatives.
Much has been written about the liberal drift of young women. The Donald Trump presidency mobilized millions of women, outraged over words and alleged deeds that, to Trump’s critics, suggested unrepentant misogyny. More women embraced liberal politics in response to the conservative drift of the U.S. Supreme Court, a movement emblemized by a 2022 ruling that struck down the constitutional right to abortion.
Less has been said about the politics of 12th-grade boys.
Trump himself may be a key to the conservative trend in that group. The 45th president energized male voters with his rhetoric: his “overt hypermasculinity,” as one NPR analysis put it, and his frequent use of language one might overhear in a high school cafeteria.
“Donald Trump talks like a high school student. Maybe there’s a connection there,” said Robert Palacios, 21, a student at the Catholic University of America and president of District of Columbia College Democrats.
“If you grew up playing video games that were not age-appropriate, and you were sitting in the [virtual] lobby, screaming at the mic, Trump was your president,” said Ethan Benn, also 21, a student at the George Washington University (GWU). “He really channeled that energy.”
More broadly, the conservative wing of the Republican party has made pointed appeals to disaffected men of all ages.
Trump, Florida Governor Ron DeSantis and other conservative beacons have derided “woke” ideology, accusing the left of overreach in seeking redress for injustices involving race, gender and sexual orientation.
Liberal politicians, of course, are just as eager to win the vote of young men. Yet, the progressive agenda seeks equality in gender and race, a platform that costs them some male support, especially among white people. In the 2020 election, Black and Hispanic men voted for Joe Biden at much higher rates than non-Hispanic white people, according to Pew Research data.
As one recent Politico article put it, Democrats have a masculinity problem.
“I believe that traditional notions of masculinity are much more accepted within conservativism,” while feminist values “are clearly one of the driving forces of liberalism,” said Delano Squires, a research fellow at the Heritage Foundation, a conservative think tank.
“I could see male and female students saying, ‘I’m choosing sides.’ Do you want matriarchy, or do you want patriarchy?”
Defenders of the patriarchy reach young men where they live, on social media and in gaming circles. Benn, the GWU student, notes a “sort of intersection of Internet culture and gaming culture with conservative politics” that draws some apolitical young men into conservatism.
Conservative icons Dennis Prager, Ben Shapiro and Steven Crowder boast millions of followers on YouTube, a platform whose ads and viewing suggestions make it easy for a young, male YouTuber “to get sucked into a very conservative sphere of politics and media,” Benn said.
“You could be watching a video about the latest Star Wars movie, and then the next video would be, ‘Here’s how women are ruining Star Wars,’” he said, referencing his own experience. “Even if you aren’t seeking it out, it will come and find you.”
That said, Benn doesn’t remember many of his high school friends talking much about politics.
Neither does Tyler Brown-Dewese, 20, a student at American University (AU).
Brown-Dewese identifies as a “Bill Clinton Democrat.” Back in high school, however, he was a conservative.
“I went to an all-boys Catholic school in New York, and so, a majority of us were Republicans,” he said. Classmates took their cues from parents, friends and social media sites such as Millennial Republicans. “That’s an Instagram page I still follow,” Brown-Dewese said.
But that is not to say he and his friends spent the lunch hour discussing politics. “A lot of them weren’t politically active,” he said. “They didn’t want to talk politics. But if you brought it up, they were going to defend Trump.”
Brown-Dewese’s own politics drifted left when he arrived at AU. “What changed me was, I go to the most liberal university,” he laughed. “Had I known that, I probably wouldn’t have gone.”
Though he is now a Democrat, Brown-Dewese doesn’t really like the word “liberal,” and he suspects other young men feel the same way. Generations of conservatives have equated liberalism with weakness.
Asked to estimate the quotient of liberal women at AU, he laughed again.
“Oh, my goodness. All of them?” | https://www.binghamtonhomepage.com/news/national-news/high-school-boys-are-trending-conservative/ | 2023-07-31T13:14:21 | 1 | https://www.binghamtonhomepage.com/news/national-news/high-school-boys-are-trending-conservative/ |
DENVER (AP) — As Denver neared triple-digit temperatures, Ben Gallegos sat shirtless on his porch swatting flies off his legs and spritzing himself with a misting fan to try to get through the heat. Gallegos, like many in the nation’s poorest neighborhoods, doesn’t have air conditioning.
The 68-year-old covers his windows with mattress foam to insulate against the heat and sleeps in the concrete basement. He knows high temperatures can cause heat stroke and death, and his lung condition makes him more susceptible. But the retired brick layer, who survives on about $1,000 a month largely from Social Security, says air conditioning is out of reach.
“Take me about 12 years to save up for something like that,” he said. “If it’s hard to breathe, I’ll get down to emergency.”
As climate change fans hotter and longer heat waves, breaking record temperatures across the U.S. and leaving dozens dead, the poorest Americans suffer the hottest days with the fewest defenses. Air conditioning, once a luxury, is now a matter of survival.
As Phoenix weathered its 27th consecutive day above 110 degrees (43 Celsius) Wednesday, the nine who died indoors didn’t have functioning air conditioning, or it was turned off. Last year, all 86 heat-related deaths indoors were in uncooled environments.
“To explain it fairly simply: Heat kills,” said Kristie Ebi, a University of Washington professor who researches heat and health. “Once the heat wave starts, mortality starts in about 24 hours.”
It’s the poorest and people of color, from Kansas City to Detroit to New York City and beyond, who are far more likely to face grueling heat without air conditioning, according to a Boston University analysis of 115 U.S. metros.
“The temperature differences … between lower-income neighborhoods, neighborhoods of color and their wealthier, whiter counterparts have pretty severe consequences,” said Cate Mingoya-LaFortune of Groundwork USA, an environmental justice organization. “There are these really big consequences like death. … But there’s also ambient misery.”
Some have window units that can offer respite, but “in the dead of heat, it don’t do nothing,” said Melody Clark, who stopped Friday to get food at a nonprofit in Kansas City, Kansas, as temperatures soared to 101, and high humidity made it feel like 109. When the central air conditioning at her rental house went on the fritz, her landlord installed a window unit. But it doesn’t do much during the day.
So the 45-year-old wets her hair, cooks outside on a propane grill and keeps the lights off indoors. She’s taken the bus to the library to cool off. At night she flips the box unit on, hauling her bed into the room where it’s located to sleep.
As far as her two teenagers, she said: “They aren’t little bitty. We aren’t dying in the heat. … They don’t complain.”
While billions in federal funding have been allocated to subsidize utility costs and the installation of cooling systems, experts say they often only support a fraction of the most vulnerable families and some still require prohibitive upfront costs. Installing a centralized heat pump system for heating and cooling can easily reach $25,000.
President Joe Biden announced steps on Thursday to defend against extreme heat, highlighting the expansion of the Low Income Home Energy Assistance Program, which funnels money through states to help poorer households pay utility bills.
While the program is critical, said Michelle Graff, who studies the subsidy at Cleveland State University, only about 16% of the nation’s eligible population is actually reached. Nearly half of states don’t offer the federal dollars for summer cooling.
“So people are engaging in coping mechanisms, like they’re turning on their air conditioners later and leaving their homes hotter,” Graff said.
While frigid temperatures and high heating bills birthed the term “heat or eat,” she said, “we can now transition to AC or eat, where people are going to have to make difficult decisions.”
As temperatures rise, so does the cost of cooling. And temperatures are already hotter in America’s low-income neighborhoods like Gallegos’ Denver suburb of Globeville, where people live along stretches of asphalt and concrete that hold heat like a cast-iron skillet. Surface temperatures there can be roughly 8 degrees hotter than in Denver’s wealthier neighborhoods, where a sea of vegetation cools the area, according to the environmental advocacy group American Forests.
This disparity plays out nationwide. Researchers at the University of San Diego analyzed 1,056 counties and in over 70%, the poorest areas and those with higher Black, Hispanic and Asian populations were significantly hotter.
About one in 10 U.S. households have no air conditioning, a disparity compounded for marginalized groups, according to a study by the Brookings Institution. Less than 4% of Detroit’s white households don’t have air conditioning; it’s 15% for Black households.
At noon on Friday, Katrice Sullivan sat on the porch of her rented house on Detroit’s westside. It was hot and muggy, but even steamier inside the house. Even if she had air conditioning, Sullivan said she’d choose her moments to run it to keep her electricity bill down.
The 37-year-old factory worker pours water on her head, freezes towels to put around her neck, and sits in her car with the air conditioner on. “Some people here spend every dollar for food, so air conditioning is something they can’t afford,” she said.
Shannon Lewis, 38, lived in her Detroit home for nearly 20 years without air conditioning. Lewis’s bedroom was the only place with a window unit, so she’d squeeze her teenager, 8-year-old and 3-year-old-twins into her queen-size bed to sleep, eat meals and watch television.
“So it was like cool in one room and a heat stroke in another,” Lewis said. For the first time, Lewis now has air conditioning through a local non-profit, she said. “We don’t have to sleep or eat in the same room, we are able to come out, sit at the dining room table, eat like a family.”
After at least 54 died during a 2021 heat wave, mostly elderly people without air conditioning, in the Portland area, Oregon passed a law prohibiting landlords from placing blanket bans on air conditioning units. By and large, however, states don’t have laws requiring landlords to provide cooling.
In the federal Inflation Reduction Act, billions were set aside for tax credits and rebates to help families install energy-efficient cooling systems, but some of those are yet to be available. For people like Gallegos, who doesn’t pay taxes, the available credits are worthless.
The law also offers rebates, the kind of state and federal point-of-sale discounts that Amanda Morian has looked into for her 640-square-foot home.
Morian, who has a 13-week-old baby susceptible to hot weather, is desperate to keep her house in Denver’s Globeville suburb cool. She bought thermal curtains, ceiling fans and runs a window unit. At night she tries to do skin-to-skin touch to regulate the baby’s body temperature. When the back door opens in the afternoon, she said, the indoor temperature jumps a degree.
“All of those are just to take the edge off, it’s not enough to actually make it cool. It’s enough to keep us from dying,” she said.
She got estimates from four different companies for installing a cooling system, but every project was between $20,000 and $25,000, she said. Even with subsidies she can’t afford it.
“I’m finding that you have to afford the project in the first place and then it’s like having a bonus coupon to take $5,000 off of the sticker price,” she said.
Lucy Molina, a single mom in Commerce City, one of Denver’s poorest areas, said her home has reached 107 degrees without air conditioning. Nearby, Molina’s two teenage children slurped popsicles to cool off, lingering in front of the open freezer.
For Molina, who bustled around her kitchen on a recent day when temperatures reached 99 degrees outdoors, it’s hard to see any path to a cooling respite.
“We’re just too poor,” she said. | https://www.wric.com/news/u-s-world/were-just-too-poor-record-heat-waves-reveal-plight-of-americans-without-air-conditioning/ | 2023-07-31T13:14:23 | 1 | https://www.wric.com/news/u-s-world/were-just-too-poor-record-heat-waves-reveal-plight-of-americans-without-air-conditioning/ |
Bonifacino and Grothe Previously Served as Senior Members of the Proxy Contest and M&A Research Groups at Institutional Shareholder Services and Glass Lewis, Respectively
David Whissel Promoted to Managing Director
NEW YORK, July 31, 2023 /PRNewswire/ -- Spotlight Advisors, LLC, a leading financial and strategy advisory firm focused on guiding public companies and their investors in high-stakes situations, today announced the expansion of its senior leadership ranks with the addition of two accomplished professionals, Juan Bonifacino and Mark Grothe. Spotlight is also promoting David Whissel to Managing Director.
During the last eight years, Spotlight has become the leading advisory practice assisting public companies in responding to shareholder activists and other contentious shareholder matters, including challenged M&A transactions, controversial compensation plans and contested director elections. In the first half of 2023, according to data compiled by FactSet Research Systems, Spotlight had the most assignments as financial and strategy advisor in high-stakes shareholder activism matters in the United States.
"The addition of Juan and Mark to the Spotlight team will ensure our clients continue to receive best-in-class advice and achieve the remarkable outcomes they expect from us," said Gregory P. Taxin, Managing Member of Spotlight Advisors.
Juan Bonifacino, CFA, joins Spotlight as a Managing Director after having served as head of the shareholder activism practice at Stifel, where he advised more than three dozen public companies on activism response and preparedness, corporate governance, ESG and institutional investor outreach.
Previously, Juan was a Vice President of M&A and Proxy Contest Research at Institutional Shareholder Services (ISS), where he evaluated and made voting recommendations to institutional shareholders on the financial and strategic implications of over one hundred proxy contests, contentious mergers and economic proposals.
Mark Grothe, CFA, joins Spotlight as a Senior Director after 14 years as a senior member of the M&A and Contested Situations research team at Glass, Lewis & Co., where he provided institutional shareholders with in-depth research and evaluated the strategic and financial merit in thousands of special situations across all industries and markets. As a part of that work, Mark served as Glass Lewis' primary analyst and issued voting recommendations for more than 200 contested director elections and M&A transactions, including many of the most closely watched situations of the last decade.
"The Spotlight team has known Juan and Mark for many years, and we are very excited to be working with them directly as we grow our client base further," said Mr. Taxin. "I am also thrilled to announce David Whissel has been promoted to Managing Director. Over the last three years, Dave has demonstrated sound judgment, encyclopedic knowledge of activism and shareholders and an incredible work ethic. His contributions have meaningfully driven the success of our firm and great results for our clients."
Spotlight is consistently ranked as the top advisor to companies and investors, having served as a financial and strategy advisor in 118 shareholder activist campaigns in the United States since the beginning of 2020, according to data compiled by Bloomberg Finance LP. By deal volume, Spotlight advised in 25% more campaigns than its closest rival, Goldman, Sachs & Co., and in 50% more activism situations than each of the next three advisors: Bank of America, Morgan Stanley and JP Morgan.
Mr. Taxin concluded, "With a team of seven senior professionals with experience at the world's foremost investment banks, law firms, institutional investors and proxy advisory firms, Spotlight is well placed to continue to drive great results for our clients in shareholder activism and other high-stakes corporate matters."
About Juan I. Bonifacino
Prior to joining Spotlight, Juan Bonifacino founded and led the Shareholder Advisory & Activism practice at the investment bank Stifel. In 2022, Juan was named a Rising Star Dealmaker by the Global M&A Network as well as an Emerging Leader by M&A Advisor. Previously, Juan was a Principal at CamberView Partners (now PJT CamberView), a governance advisory firm. Juan previously served as a Vice President of M&A and Proxy Contest Research at ISS, where he evaluated and made voting recommendations on the financial and strategic implications of over one hundred proxy contests, contested and contentious mergers, and other proposals with an immediate economic impact for institutional investor clients. Juan is a CFA charterholder and received an M.B.A. from Georgetown University where he was the valedictorian of his class, as well as a B.A. from Princeton University.
About Mark Grothe
Prior to joining Spotlight, Mark was a Senior Analyst on the M&A and Contested Situations research team at Glass Lewis for 14 years, where he provided institutional shareholders with in-depth research and voting recommendations on proxy contests, M&A transactions, shareholder activism campaigns and capital-related shareholder proposals. In his role at Glass Lewis, Mark frequently engaged with corporate directors and senior executives, activist investors, director candidates, institutional asset managers, and activism advisors. During his tenure, Mark served as the primary analyst on dozens of notable Glass Lewis research reports. Mark began his career as an analyst on Glass Lewis' accounting and forensic research teams, where he performed deep-dive analysis to uncover hidden or underappreciated risks at public companies related to business strategy, accounting methods, earnings quality and governance. Mark is a CFA charterholder and has a double master's degree in finance and accounting from the University of Colorado Denver, where he also completed his undergraduate studies in business and economics.
About David Whissel
David has been named a Managing Director after serving as a Senior Director of Spotlight Advisors since September 2020, where he has advised clients in dozens of proxy contests and contested M&A transaction votes. He was previously Executive Vice President and Director of Corporate Governance at MacKenzie Partners, where he represented clients in proxy contests and shareholder activism situations, friendly and contested mergers and acquisitions, and annual meetings. David also advised clients on general corporate governance, investor relations, shareholder proposals, and executive compensation matters. Prior to joining MacKenzie in 2016, David was CEO and Director of Research at Proxy Mosaic, a corporate governance research and proxy advisory firm that focused on shareholder activism, M&A, and executive compensation. David received his BA from Denison University, and his JD from the University of Tennessee College of Law.
About Spotlight Advisors, LLC
Spotlight Advisors, LLC, is a leading financial and strategy advisory firm focused on guiding public companies and their investors in high-stakes situations, such as contested director elections and contentious M&A transactions. Spotlight has provided advice in more than 150 situations involving shareholder activists seeking changes in the composition of public company boards (and has served as an advisor in approximately one-fourth of all proxy fights that went to a final vote in the United States since 2016) and in dozens of complex M&A and Special Committee situations, including unsolicited bids, bear hug letters and management buyouts. These complex situations often draw intense scrutiny from shareholders, the media and regulators, raising the stakes for executives and directors as their actions and decisions are placed in the spotlight. More about the firm is available at www.SpotlightAdvisors.com.
CONTACT: Greg Taxin, gtaxin@spotlightadvisors.com
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SOURCE SPOTLIGHT ADVISORS, LLC | https://www.wibw.com/prnewswire/2023/07/31/spotlight-advisors-adds-new-expertise-with-appointment-juan-i-bonifacino-mark-grothe/ | 2023-07-31T13:14:26 | 1 | https://www.wibw.com/prnewswire/2023/07/31/spotlight-advisors-adds-new-expertise-with-appointment-juan-i-bonifacino-mark-grothe/ |
(NEXSTAR) – When it comes to retirement, where you live can greatly affect just how golden your post-career years actually are.
A new study from Bankrate ranks all 50 U.S. states when it comes to affordability, overall well-being, healthcare quality/cost, weather and crime. With soaring inflation and a volatile stock market, affordability was given the most statistical weight, with the others decreasing respectively.
Iowa is the best state in which to retire, the study found, thanks to its affordability (3), quality/cost of health care (11) and crime (12).
“Choosing where to retire is deeply personal, but Iowa’s affordable cost of living, inexpensive but high-quality health care and low crime make it a compelling option for retirees looking to stretch their retirement income in this economy,” said Bankrate analyst Alex Gailey. “In our overall ranking, the best and worst states for retirees are split geographically. The Midwest and the South claim the top five states, while the Northeast and West claim the bottom five states, primarily because of the differences in cost of living.”
For some residents nearing retirement in Alaska – ranked 50 out of 50 – New York (49), California (48), Washington (47) and Massachusetts (46), a move toward the middle of the country could pay off, Bankrate’s findings suggest.
While all five of the least favorable states scored poorly when it came to affordability, Alaska also ranked last for weather and 49th for crime.
“For many Americans, a comfortable retirement may feel out of reach,” Gailey said. “After battling elevated inflation over the last two years, relocating to find cheaper housing or a lower cost of living may be a good alternative for retirees who have tighter budgets but want to retire comfortably. If you’re considering a late life move to lower your cost of living in retirement, our rankings provide some food for thought.”
The American Association of Retired Persons (AARP) reports that an increasing number of retirees left their home state to find cheaper housing in 2022.
The annual study from Hire A Helper, an online moving-services marketplace, found that 12% of American retirees moved for that reason in 2022, the highest percentage since 2014.
“That kind of cost consciousness is something we haven’t seen at this level since 2014,” Miranda Marquit, chief data analyst at Hire A Helper, told AARP, citing Census data. | https://www.binghamtonhomepage.com/news/national-news/these-are-the-5-worst-states-to-retire-in-study-finds/ | 2023-07-31T13:14:27 | 1 | https://www.binghamtonhomepage.com/news/national-news/these-are-the-5-worst-states-to-retire-in-study-finds/ |
DENVER (AP) — As Denver neared triple-digit temperatures, Ben Gallegos sat shirtless on his porch swatting flies off his legs and spritzing himself with a misting fan to try to get through the heat. Gallegos, like many in the nation’s poorest neighborhoods, doesn’t have air conditioning.
The 68-year-old covers his windows with mattress foam to insulate against the heat and sleeps in the concrete basement. He knows high temperatures can cause heat stroke and death, and his lung condition makes him more susceptible. But the retired brick layer, who survives on about $1,000 a month largely from Social Security, says air conditioning is out of reach.
“Take me about 12 years to save up for something like that,” he said. “If it’s hard to breathe, I’ll get down to emergency.”
As climate change fans hotter and longer heat waves, breaking record temperatures across the U.S. and leaving dozens dead, the poorest Americans suffer the hottest days with the fewest defenses. Air conditioning, once a luxury, is now a matter of survival.
As Phoenix weathered its 27th consecutive day above 110 degrees (43 Celsius) Wednesday, the nine who died indoors didn’t have functioning air conditioning, or it was turned off. Last year, all 86 heat-related deaths indoors were in uncooled environments.
“To explain it fairly simply: Heat kills,” said Kristie Ebi, a University of Washington professor who researches heat and health. “Once the heat wave starts, mortality starts in about 24 hours.”
It’s the poorest and people of color, from Kansas City to Detroit to New York City and beyond, who are far more likely to face grueling heat without air conditioning, according to a Boston University analysis of 115 U.S. metros.
“The temperature differences … between lower-income neighborhoods, neighborhoods of color and their wealthier, whiter counterparts have pretty severe consequences,” said Cate Mingoya-LaFortune of Groundwork USA, an environmental justice organization. “There are these really big consequences like death. … But there’s also ambient misery.”
Some have window units that can offer respite, but “in the dead of heat, it don’t do nothing,” said Melody Clark, who stopped Friday to get food at a nonprofit in Kansas City, Kansas, as temperatures soared to 101, and high humidity made it feel like 109. When the central air conditioning at her rental house went on the fritz, her landlord installed a window unit. But it doesn’t do much during the day.
So the 45-year-old wets her hair, cooks outside on a propane grill and keeps the lights off indoors. She’s taken the bus to the library to cool off. At night she flips the box unit on, hauling her bed into the room where it’s located to sleep.
As far as her two teenagers, she said: “They aren’t little bitty. We aren’t dying in the heat. … They don’t complain.”
While billions in federal funding have been allocated to subsidize utility costs and the installation of cooling systems, experts say they often only support a fraction of the most vulnerable families and some still require prohibitive upfront costs. Installing a centralized heat pump system for heating and cooling can easily reach $25,000.
President Joe Biden announced steps on Thursday to defend against extreme heat, highlighting the expansion of the Low Income Home Energy Assistance Program, which funnels money through states to help poorer households pay utility bills.
While the program is critical, said Michelle Graff, who studies the subsidy at Cleveland State University, only about 16% of the nation’s eligible population is actually reached. Nearly half of states don’t offer the federal dollars for summer cooling.
“So people are engaging in coping mechanisms, like they’re turning on their air conditioners later and leaving their homes hotter,” Graff said.
While frigid temperatures and high heating bills birthed the term “heat or eat,” she said, “we can now transition to AC or eat, where people are going to have to make difficult decisions.”
As temperatures rise, so does the cost of cooling. And temperatures are already hotter in America’s low-income neighborhoods like Gallegos’ Denver suburb of Globeville, where people live along stretches of asphalt and concrete that hold heat like a cast-iron skillet. Surface temperatures there can be roughly 8 degrees hotter than in Denver’s wealthier neighborhoods, where a sea of vegetation cools the area, according to the environmental advocacy group American Forests.
This disparity plays out nationwide. Researchers at the University of San Diego analyzed 1,056 counties and in over 70%, the poorest areas and those with higher Black, Hispanic and Asian populations were significantly hotter.
About one in 10 U.S. households have no air conditioning, a disparity compounded for marginalized groups, according to a study by the Brookings Institution. Less than 4% of Detroit’s white households don’t have air conditioning; it’s 15% for Black households.
At noon on Friday, Katrice Sullivan sat on the porch of her rented house on Detroit’s westside. It was hot and muggy, but even steamier inside the house. Even if she had air conditioning, Sullivan said she’d choose her moments to run it to keep her electricity bill down.
The 37-year-old factory worker pours water on her head, freezes towels to put around her neck, and sits in her car with the air conditioner on. “Some people here spend every dollar for food, so air conditioning is something they can’t afford,” she said.
Shannon Lewis, 38, lived in her Detroit home for nearly 20 years without air conditioning. Lewis’s bedroom was the only place with a window unit, so she’d squeeze her teenager, 8-year-old and 3-year-old-twins into her queen-size bed to sleep, eat meals and watch television.
“So it was like cool in one room and a heat stroke in another,” Lewis said. For the first time, Lewis now has air conditioning through a local non-profit, she said. “We don’t have to sleep or eat in the same room, we are able to come out, sit at the dining room table, eat like a family.”
After at least 54 died during a 2021 heat wave, mostly elderly people without air conditioning, in the Portland area, Oregon passed a law prohibiting landlords from placing blanket bans on air conditioning units. By and large, however, states don’t have laws requiring landlords to provide cooling.
In the federal Inflation Reduction Act, billions were set aside for tax credits and rebates to help families install energy-efficient cooling systems, but some of those are yet to be available. For people like Gallegos, who doesn’t pay taxes, the available credits are worthless.
The law also offers rebates, the kind of state and federal point-of-sale discounts that Amanda Morian has looked into for her 640-square-foot home.
Morian, who has a 13-week-old baby susceptible to hot weather, is desperate to keep her house in Denver’s Globeville suburb cool. She bought thermal curtains, ceiling fans and runs a window unit. At night she tries to do skin-to-skin touch to regulate the baby’s body temperature. When the back door opens in the afternoon, she said, the indoor temperature jumps a degree.
“All of those are just to take the edge off, it’s not enough to actually make it cool. It’s enough to keep us from dying,” she said.
She got estimates from four different companies for installing a cooling system, but every project was between $20,000 and $25,000, she said. Even with subsidies she can’t afford it.
“I’m finding that you have to afford the project in the first place and then it’s like having a bonus coupon to take $5,000 off of the sticker price,” she said.
Lucy Molina, a single mom in Commerce City, one of Denver’s poorest areas, said her home has reached 107 degrees without air conditioning. Nearby, Molina’s two teenage children slurped popsicles to cool off, lingering in front of the open freezer.
For Molina, who bustled around her kitchen on a recent day when temperatures reached 99 degrees outdoors, it’s hard to see any path to a cooling respite.
“We’re just too poor,” she said. | https://www.binghamtonhomepage.com/news/national-news/were-just-too-poor-record-heat-waves-reveal-plight-of-americans-without-air-conditioning/ | 2023-07-31T13:14:33 | 0 | https://www.binghamtonhomepage.com/news/national-news/were-just-too-poor-record-heat-waves-reveal-plight-of-americans-without-air-conditioning/ |
Retrospective Research Demonstrates Potential of FeelBetter in Optimizing Medication Regimens of Senior Patients and Reducing Avoidable Healthcare Utilization and Spending
BOSTON and TEL AVIV, Israel, July 31, 2023 /PRNewswire/ -- FeelBetter, the leading provider of medication management technology and pioneer of Pharmaco-Clinical Intelligence, today announced the findings of retrospective research conducted by investigators in Boston. Presented at the Society of General Internal Medicine (SGIM) 2023 Annual Meeting and the 2023 Annual Research Meeting (ARM) of AcademyHealth, the results of the retrospective study demonstrate that FeelBetter's Pharmaco-Clinical Intelligence accurately and appropriately predicts senior patients at high risk of medication-related adverse events.
The study, conducted at Brigham and Women's Hospital in Boston, concluded that FeelBetter can be used to effectively risk stratify emergency department use and hospitalizations among patients over the age of 65 with multiple chronic conditions and complex medication regimens. Study results also indicate that when paired with a medication management intervention, FeelBetter's technology could potentially reduce healthcare utilization and expenses, and aid in improving patient outcomes.
"Medication-related issues contribute to 10-30% of hospitalizations in the elderly. Preventing these issues is critical to improving patient outcomes and reducing avoidable healthcare utilization and expenses. However, current intervention methods and alert systems have numerous limitations," said Lisa Rotenstein, MD, Assistant Professor of Medicine and Medical Director of Population Health at Brigham and Women's Hospital and principal investigator of the study. "What's exciting about this solution is that it enables a targeted view of those individuals who may most benefit from medication management interventions and the alteration of their medication regimens. These warnings and recommendations have the potential to aid clinicians and other healthcare providers in optimizing medication regimens, which could lead to downstream improvement in patient outcomes and cost reductions.
The population for the retrospective study included 108,817 of Brigham and Women's Hospital's senior patients (mean age of 77.1) who were taking an average of nine medications to treat multiple chronic conditions. Among the key study findings, the FeelBetter algorithm successfully incorporated a wide variety of data from the electronic health records and accurately stratified patients into risk groupings with distinct demographic and utilization characteristics. Patients in successive risk strata, as identified by FeelBetter, incurred incrementally more emergency department visits and hospitalizations one-, three-, and six-months post prediction. Patients in the highest risk percentile (99%) incurred a mean of 0.531 hospitalizations three-months post prediction.
The study also estimated a total of $4.8 million in potential savings in three months following the use of FeelBetter to risk stratify patients, when considering only the top 5% of high-risk patients and specific hospitalizations that may have been avoided pending medication changes. Based on the results of the retrospective analysis, the study team has begun conducting prospective research to further assess the capabilities of FeelBetter's technology to impact patient trajectories and costs of care.
"Our AI-powered solution leverages data on medications, demographics, social history, diagnoses, lab results, procedures, allergies, emergency department and hospitalization patterns, and costs, among other sources of information. It's comprehensively designed to help clinicians risk stratify patients and proactively personalize medication regimens," said Dr. Adva Tzuk Onn, FeelBetter's Chief Medical Officer, and a physician with more than 15 years of experience in geriatric and family medicine. "We're pleased to see the growing body of evidence for our Pharmaco-Clinical Intelligence and look forward to beginning prospective research with the team at Brigham and Women's Hospital to further assess FeelBetter's impact on improving patient outcomes and driving value-based care."
About FeelBetter
FeelBetter is the pioneer of Pharmaco-Clinical Intelligence, changing the polypharmacy paradigm on both an individual and population health level with a comprehensive solution designed to tackle the challenges associated with suboptimal medication management.Powered by AI and machine learning capabilities, FeelBetter's Pharmaco-Clinical Intelligence drives personalized medication management, helping healthcare professionals ensure that their patients' medication regimens are safe, effective, and appropriate. The technology pinpoints patients at high risk of deterioration and preventable hospitalization due to suboptimal medication management, and proactively suggests immediate and actionable interventions to reduce these risks. Provider organizations use FeelBetter to monitor their patients' progress and more proactively deliver the right follow-up care, as well as to efficiently allocate resources and minimize preventable, costly use of healthcare services.
Led by an interdisciplinary team of clinicians, clinical pharmacists, and technologists, FeelBetter is headquartered in Boston and Tel Aviv, Israel. Investors include Firstime Ventures, Shoni Health Ventures, Triventures, Random Forest VC, The Group Ventures, and GoodCompany Ventures. To learn more, visit feelbetter.healthcare.
Media Contact
Nicole Pariser
nicole@i-feelbetter.com
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SOURCE FeelBetter | https://www.wibw.com/prnewswire/2023/07/31/study-shows-accuracy-appropriateness-benefit-using-feelbetter-risk-stratify-elderly-polypharmacy-patients/ | 2023-07-31T13:14:33 | 0 | https://www.wibw.com/prnewswire/2023/07/31/study-shows-accuracy-appropriateness-benefit-using-feelbetter-risk-stratify-elderly-polypharmacy-patients/ |
SACRAMENTO, Calif. (AP) — The largest dam removal project in United States history is underway along the California-Oregon border — a process that won’t conclude until the end of next year with the help of heavy machinery and explosives.
But in some ways, removing the dams is the easy part. The hard part will come over the next decade as workers, partnering with Native American tribes, plant and monitor nearly 17 billion seeds as they try to restore the Klamath River and the surrounding land to what it looked like before the dams started to go up more than a century ago.
The demolition is part of a national movement to return the natural flow of the nation’s rivers and restore habitat for fish and the ecosystems that sustain other wildlife. More than 2,000 dams have been removed in the U.S. as of February, with the bulk of those having come down within the last 25 years, according to the advocacy group American Rivers.
The removal of four hydroelectric dams along the Klamath River is the movement’s greatest triumph and its greatest challenge. When demolition is completed by the end of next year, more than 400 miles (644 kilometers) of river will have opened for threatened species of fish and other wildlife. By comparison, the 65 dams removed in the U.S. last year combined to reconnect 430 miles (692 kilometers) of river.
The project will empty three reservoirs over about 3.5 square miles (9 square kilometers) near the California-Oregon border, exposing soil to sunlight in some places for the first time in more than a century.
For the past five years, Native American tribes have gathered seeds by hand and sent them to nurseries with plans to sow the seeds along the banks of the newly wild river. Helicopters will bring in hundreds of thousands of trees and shrubs to plant along the banks, including wads of tree roots to create habitat for fish.
This growth usually takes decades to happen naturally. But officials are pressing nature’s fast-forward button because they hope to repel an invasion of foreign plants, such as starthistle, which dominate the landscape at the expense of native plants.
“Why not just let nature take its course? Well, nature didn’t take its course when dams got put in. We can’t pretend this gigantic change in the landscape has not happened and we can’t just ignore the fact that invasive species are a big problem in the west and in California,” said Dave Meurer, director of community affairs for Resource Environmental Solutions, the company leading the restoration project. “Our goal is to give nature a head start.”
A power company, known today as PacifiCorp, built the dams starting in 1918 to generate electricity. The dams halted the natural flow of the river and disrupted the lifecycle of salmon, a fish that spends most of its life in the Pacific Ocean but returns to the chilly mountain streams to lay eggs. The fish are culturally and spiritually significant to a number of Native American tribes, who historically survived by fishing the massive runs of salmon that would come back to the rivers each year.
A combination of low water levels and warm temperatures in 2002 led to a bacterial outbreak that killed more than 34,000 fish, mostly Chinook salmon. The loss jumpstarted decades of advocacy from Native American tribes and environmental groups, culminating last year when federal regulators approved a plan to remove the dams.
“The river is our church, the salmon is our cross. That’s how it relates to the people. So it’s very sacred to us,” said Kenneth Brink, vice chairman of the Karuk Tribe. “The river is not just a place we go to swim. It’s life. It creates everything for our people.”
The project will cost $500 million, paid for by taxpayers and PacifiCorps ratepayers. Crews have mostly removed the smallest of the four dams, known as Copco No. 2. The other three dams are expected to come down next year after the reservoirs behind them are drained. That will leave some homeowners in the area without the picturesque lake they have lived on for years.
The Siskiyou County Water Users Association, which formed about a decade ago to stop the dam removal project, filed a federal lawsuit. But so far they have been unable to stop the demolition.
“I think it’s a huge mistake,” association President Richard Marshall said. “Unfortunately it’s a mistake you can’t turn back from.”
The water level in the lakes will drop between 3 feet and 5 feet (1 meter to 1.5 meters) per day over the first few months of next year. Crews will follow that water line, taking advantage of the moisture in the soil to plant seeds from more than 98 native plant species including wooly sunflower, Idaho fescue and Blue bunch wheat grass.
Tribes have been invested in the process from the start. Resource Environmental Solutions hired tribal members to gather seeds from native plants by hand. The Yurok Tribe even hired a restoration botanist.
Each species has a role to play. Some, like lupine, grow quickly and prepare the soil for other plants. Others, like oak trees, take years to fully mature and provide shade for other plants.
“It’s a wonderful marriage of tribal traditional ecological knowledge and western science,” said Mark Bransom, CEO of the Klamath River Renewal Corporation, the nonprofit entity created to oversee the project.
The previous largest dam removal project was on Washington state’s Elwha River, which flows out of Olympic National Park into the Strait of Juan de Fuca. Congress in 1992 approved the demolition of the two dams on the river constructed in the early 1900s. After two decades of planning, workers finished removing them in 2014, opening about 70 miles (113 kilometers) of habitat for salmon and steelhead.
Biologists say it will take at least a generation for the river to recover, but within months of the dams being removed, salmon were already recolonizing sections of the river they had not accessed in more than a century. The Lower Elwha Klallam Tribe, which has been closely involved in restoration work, is opening a limited subsistence fishery this fall for coho salmon, its first since the dams came down.
Brink, the Karuk Tribe vice chair, hopes similar success will happen on the Klamath River. Multiple times per year, Brink and other tribal members participate in ceremonial salmon fishing using handheld nets. In many years, there have been no fish to catch, he said.
“When the river gets to flow freely again, the people can also begin to worship freely again,” he said.
___
Associated Press writer Eugene Johnson in Seattle contributed. | https://www.binghamtonhomepage.com/news/national/ap-as-work-begins-on-the-largest-us-dam-removal-project-tribes-look-to-a-future-of-growth/ | 2023-07-31T13:14:39 | 0 | https://www.binghamtonhomepage.com/news/national/ap-as-work-begins-on-the-largest-us-dam-removal-project-tribes-look-to-a-future-of-growth/ |
CLEVELAND, July 31, 2023 /PRNewswire/ -- TransDigm Group Incorporated (NYSE: TDG) today said it will report fiscal 2023 third quarter earnings before the market opens on Tuesday, August 8, 2023.
A conference call will follow at 11:00 a.m., Eastern Time. To join the call telephonically, please register for the call here. Once registered, participants will receive the dial-in information and a unique pin to access the call. A live audio webcast of the call can also be accessed online at http://www.transdigm.com.
The webcast will be archived on the website and available for replay later that day.
About TransDigm Group
TransDigm Group, through its wholly-owned subsidiaries, is a leading global designer, producer and supplier of highly engineered aircraft components for use on nearly all commercial and military aircraft in service today. Major product offerings, substantially all of which are ultimately provided to end-users in the aerospace industry, include mechanical/electro-mechanical actuators and controls, ignition systems and engine technology, specialized pumps and valves, power conditioning devices, specialized AC/DC electric motors and generators, batteries and chargers, engineered latching and locking devices, engineered rods, engineered connectors and elastomer sealing solutions, databus and power controls, cockpit security components and systems, specialized and advanced cockpit displays, engineered audio, radio and antenna systems, specialized lavatory components, seat belts and safety restraints, engineered and customized interior surfaces and related components, advanced sensor products, switches and relay panels, thermal protection and insulation, lighting and control technology, parachutes, high performance hoists, winches and lifting devices, cargo loading, handling and delivery systems and specialized flight, wind tunnel and jet engine testing services and equipment.
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SOURCE TransDigm Group Inc. | https://www.wibw.com/prnewswire/2023/07/31/transdigm-third-quarter-earnings-report-conference-call-set-tuesday-august-8-2023/ | 2023-07-31T13:14:39 | 1 | https://www.wibw.com/prnewswire/2023/07/31/transdigm-third-quarter-earnings-report-conference-call-set-tuesday-august-8-2023/ |
ATLANTA (AP) — A new reactor at a nuclear power plant in Georgia has entered commercial operation, becoming the first new American reactor built from scratch in decades.
Georgia Power Co. announced Monday that Unit 3 at Plant Vogtle, southeast of Augusta, has completed testing and is now sending power to the grid reliably.
At its full output of 1,100 megawatts of electricity, Unit 3 can power 500,000 homes and businesses. Utilities in Georgia, Florida and Alabama are receiving the electricity.
Nuclear power now makes up about 25% of the generation of Georgia Power, the largest unit of Atlanta-based Southern Co.
A fourth reactor is also nearing completion at the site, where two earlier reactors have been generating electricity for decades. The Nuclear Regulatory Commission on Friday said radioactive fuel could be loaded into Unit 4, a step expected to take place before the end of September. Unit 4 is scheduled to enter commercial operation by March.
The third and fourth reactors were originally supposed to cost $14 billion, but are now on track to cost their owners $31 billion. That doesn’t include $3.7 billion that original contractor Westinghouse paid to the owners to walk away from the project. That brings total spending to almost $35 billion.
The third reactor was supposed to start generating power in 2016 when construction began in 2009.
Vogtle is important because government officials and some utilities are again looking to nuclear power to alleviate climate change by generating electricity without burning natural gas, coal and oil.
“This project shows just how new nuclear can and will play a critical role in achieving a clean energy future for the United States,” Southern Co. CEO Chris Womack said in a statement. “Bringing this unit safely into service is a credit to the hard work and dedication of our teams at Southern Company and the thousands of additional workers who have helped build that future at this site.”
In Georgia, almost every electric customer will pay for Vogtle. Georgia Power currently owns 45.7% of the reactors. Smaller shares are owned by Oglethorpe Power Corp., which provides electricity to member-owned cooperatives, the Municipal Electric Authority of Georgia and the city of Dalton. Oglethorpe and MEAG plan to sell power to cooperatives and municipal utilities across Georgia, as well in Jacksonville, Florida, and parts of Alabama and the Florida Panhandle.
Georgia Power’s 2.7 million customers are already paying part of the financing cost and elected public service commissioners have approved a monthly rate increase of $3.78 a month for residential customers as soon as the third unit begins generating power. That could hit bills in August, two months after residential customers saw a $16-a-month increase to pay for higher fuel costs.
Commissioners will decide later who pays for the remainder of the costs of Vogtle, including the fourth reactor. | https://www.binghamtonhomepage.com/news/national/ap-first-american-nuclear-reactor-built-from-scratch-in-decades-enters-commercial-operation-in-georgia/ | 2023-07-31T13:14:45 | 1 | https://www.binghamtonhomepage.com/news/national/ap-first-american-nuclear-reactor-built-from-scratch-in-decades-enters-commercial-operation-in-georgia/ |
Report Outlines Company's Progress Toward Its Environmental, Social, and Governance (ESG) Goals
ST. LOUIS, July 31, 2023 /PRNewswire/ -- Global packaging leader TricorBraun today published its inaugural Sustainability report, outlining its progress toward its Environmental, Social, and Governance (ESG) goals.
"We are pleased to present our first-ever Sustainability Report, which brings to life our commitments to sustainable and ethical practices," said Court Carruthers, president and CEO, TricorBraun. "Our team is guided by the principle that we do things the right way always, and this naturally extends to our environmental, social, and governance (ESG) impacts—including helping our customers with their own ESG goals by offering sustainable packaging options while improving our own environmental footprint."
Key highlights from the report include these 2022 milestones:
- Reduced our carbon footprint and incorporated international operations into our Greenhouse Gas (GHG) Inventory
- Sourced renewable energy to further reduce negative climate impacts
- Piloted our first Zero-Waste program in multiple locations across North America
- Further protected our team members by creating a Warehousing Roundtable which emphasizes dock, forklift, and 5S safety programs
- Supported open communications channels that are accessible for all team members by relaunching the TricorBraun Ethics Hub to include additional languages, international access, and mobile reporting
- Established exclusive agreements to offer sustainable packaging options to customers in the US, Canada, and Europe
"The release of our first Sustainability report is a significant milestone as our team continues to work tirelessly in pursuit of achieving our ESG goals," said Susan Bergethon, SVP & general counsel, and leader of the Company's ESG strategy. "We are pleased with our progress to date, and we look forward to making continued progress toward our intentional ESG goals for the benefit of our team members, our customers, our business—and our planet."
To read the full report and learn more about TricorBraun's ESG goals, visit https://www.tricorbraun.com/about-us/esg-at-tricorbraun/2022-sustainability-report.html.
About TricorBraun
Founded in 1902, TricorBraun is a global packaging leader. We provide innovative solutions across a wide array of customer end markets in plastic, glass, and aluminum containers, closures, dispensers, tubes, and flexibles. Our award-winning Design & Engineering Center provides forward-thinking design, driven by consumer insight and creative solutions. TricorBraun is comprised of more than 2,000 packaging professionals operating from more than 100 locations across the Americas, Europe, Asia, and Australia.
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SOURCE TricorBraun | https://www.wibw.com/prnewswire/2023/07/31/tricorbraun-issues-inaugural-sustainability-report/ | 2023-07-31T13:14:46 | 1 | https://www.wibw.com/prnewswire/2023/07/31/tricorbraun-issues-inaugural-sustainability-report/ |
PHOENIX (AP) — Phoenix sizzled through its 31st consecutive day of at least 110 degrees Fahrenheit (43.3 Celsius) and other parts of the country grappled Sunday with record temperatures after a week that saw significant portions of the U.S. population subject to extreme heat.
The National Weather Service said Phoenix climbed to a high of 111 F (43.8 Celsius) before the day was through.
July has been so steamy thus far that scientists calculate it will be the hottest month ever recorded and likely the warmest human civilization has seen. The World Meteorological Organization and the European Union’s Copernicus Climate Change Service on Thursday proclaimed July beyond record-smashing.
The historic heat began blasting the lower Southwest U.S. in late June, stretching from Texas across New Mexico and Arizona and into California’s desert.
On Sunday, a massive wildfire burning out of control in California’s Mojave National Preserve spread rapidly amid erratic winds, while firefighters reported progress against another major blaze to the south that prompted evacuations.
The York Fire that erupted Friday near the remote Caruthers Canyon area of the preserve sent up a huge plume of smoke visible nearly 100 miles (160 kilometers) away across the state line in Nevada.
Flames 20 feet (6 meters) high in some spots have charred more than 110 square miles (284 square kilometers) of desert scrub, juniper and Joshua tree woodland, according to a Sunday update.
“The dry fuel acts as a ready ignition source, and when paired with those weather conditions it resulted in long-distance fire run and high flames, leading to extreme fire behavior,” authorities said. No structures were threatened, but there was also no containment.
To the southwest, the Bonny Fire was holding steady at about 3.4 square miles (8.8 square kilometers) in rugged hills of Riverside County. More than 1,300 people were ordered to evacuate their homes Saturday near the remote community of Aguanga, California.
Triple-digit heat was expected in parts of the central San Joaquin Valley through Monday, according to the National Weather Service.
And in Burbank, California, about 10 miles (16 kilometers) north of Los Angeles, the summer heat may have been responsible for some unusual behavior in the animal kingdom: Police in the city responded to a report of a bear sighting in a residential neighborhood and found the animal sitting in a Jacuzzi behind one of the homes.
As climate change brings hotter and longer heat waves, record temperatures across the U.S. have killed dozens of people, and the poorest Americans suffer the most. Air conditioning, once a luxury, is now a matter of survival.
Last year, all 86 heat-related deaths indoors were in uncooled environments.
“To explain it fairly simply: Heat kills,” said Kristie Ebi, a University of Washington professor who researches heat and health. “Once the heat wave starts, mortality starts in about 24 hours.”
It’s the poorest and people of color, from Kansas City to Detroit to New York City and beyond, who are far more likely to face grueling heat without air conditioning, according to a Boston University analysis of 115 U.S. metro areas.
Back in Phoenix, slight relief may be on the way as expected seasonal thunderstorms could drop temperatures Monday and Tuesday.
“It should be around 108 degrees, so we break that 110 streak,” meteorologist Tom Frieders said. “Increasing cloud cover will put temperatures in a downward trend.”
The relief could be short-lived, however. Highs are expected to creep back to 110 F (43.3 C) Wednesday with temperatures reaching 115 F (46.1 C) by the end of the week.
Phoenix has also sweated through a record 16 consecutive nights when the lows temperature didn’t dip below 90 F (32.2 C), making it hard for people to cool off after sunset.
Meanwhile, Las Vegas continues to flirt with its hottest July ever. The city is closing in on its 2010 record for the average of the high and low each day for July, which stands at 96.2 F (35.5 C).
The extreme heat is also hitting the eastern U.S, as soaring temperatures moved from the Midwest into the Northeast and Mid-Atlantic, where some places recorded their warmest days so far this year. | https://www.binghamtonhomepage.com/news/national/ap-july-keeps-sizzling-as-phoenix-hits-another-110-degree-day-and-wildfires-spread-in-california/ | 2023-07-31T13:14:51 | 0 | https://www.binghamtonhomepage.com/news/national/ap-july-keeps-sizzling-as-phoenix-hits-another-110-degree-day-and-wildfires-spread-in-california/ |
DUBLIN, Calif., July 31, 2023 /PRNewswire/ -- TriNet Group, Inc. (NYSE: TNET), a leading provider of comprehensive and flexible human capital management (HCM) solutions for small and medium-size businesses (SMBs), today announced its plan to launch a fixed price tender offer (the "Tender Offer") to repurchase approximately $640 million in value of shares of TriNet common stock (the "shares") at a price of $107.00 per share, which is expected to commence on August 1, 2023. In addition, the Company signed a separate agreement on July 30, 2023 (the "Repurchase Agreement") to repurchase a minimum of approximately $360 million in value of shares from affiliates of its largest stockholder, Atairos Group, Inc. (collectively, "Atairos"). Assuming the Tender Offer is fully subscribed, both transactions together will result in the repurchase of approximately $1 billion in shares.
"Today is an exciting day for TriNet as we announce our intention to launch transactions to buy back $1 billion of TriNet stock," said Burton M. Goldfield, TriNet's President and CEO. "For some time, we have believed that TriNet's stock represents significant value, especially in light of our recent financial and operating performance. With our optimism around our long-term outlook, we believe now is a great time to take bold action around our capital structure."
"We have long valued Atairos' share ownership and Board of Directors participation," Goldfield continued. "As a part of these buybacks, Atairos intends to maintain its current approximate pro rata percentage ownership, but has also agreed to sell additional shares if our tender offer is undersubscribed, potentially reducing their ownership to no less than 30%. We welcome their continued ownership and Board participation."
"TriNet is a dynamic growth company with a proven business model and strong corporate cash flows," said Kelly Tuminelli, TriNet's Chief Financial Officer. "Through this action, we are using our financial resources to reduce TriNet's overall weighted average cost of capital. This is in line with our recently announced financial policy, while accreting long term value for all of our shareholders."
The Tender Offer will provide that the Company repurchase for cash up to 5,981,308 shares (representing approximately $640 million in value of shares) at a price of $107.00 per share (the "Purchase Price"), less any applicable withholding taxes and without interest. The Tender Offer is expected to commence on August 1, 2023 and expire at 12:00 midnight, New York City time, at the end of the day on August 28, 2023 (the "Expiration Date"), unless extended or terminated.
The Repurchase Agreement, which was executed on July 30, 2023, provides that TriNet will repurchase for cash a minimum of 3,364,486 shares (representing approximately $360 million in value of shares) from Atairos at the purchase price set forth in the Tender Offer, but not less than $107.00 per share (the "Atairos Commitment Amount"). Atairos beneficially owns 21,450,259 shares as of the date hereof (representing approximately 36% of the Company's outstanding shares as of July 27, 2023) and, assuming the full subscription of the Tender Offer, Atairos will continue to own approximately 36% of the Company's outstanding shares following the repurchase.
If the Tender Offer is not fully subscribed, but at least 3,644,859 shares are properly tendered and not properly withdrawn pursuant to the Tender Offer, Atairos has agreed to increase the number of shares to be sold to the Company under the Repurchase Agreement and will sell an additional number of shares equal to the difference between the number of shares offered to be repurchased pursuant to the Tender Offer and the number of shares actually repurchased in the Tender Offer such that the total share value of both transactions remains $1 billion; provided that such increase does not cause Atairos to beneficially own less than 33% of the Company's outstanding shares immediately following the closing of the Share Repurchase (taking into account the shares purchased in the Tender Offer), which percent may be further reduced to 30% at Atairos' sole discretion. If the Tender Offer is not fully subscribed and fewer than 3,644,859 shares are properly tendered and not properly withdrawn pursuant to the Tender Offer, the Company will repurchase that number of shares properly tendered and not properly withdrawn pursuant to the Tender Offer and, unless Atairos agrees to further reduce its ownership level, the Company will repurchase only the Atairos Commitment Amount from Atairos under the Repurchase Agreement.
The Share Repurchase is expected to close on the 11th business day following the Expiration Date, or September 13, 2023. The Share Repurchase is conditioned upon, among other matters, the completion of the Tender Offer, which, in turn, is subject to certain conditions, including the receipt of financing. These transactions will be made under TriNet's $1 billion stock repurchase program increase announced on July 26, 2023.
Assuming that the conditions to the Tender Offer are satisfied or waived and the Tender Offer is fully subscribed, the Company would purchase 5,981,308 shares pursuant to the Tender Offer and 3,364,486 shares pursuant to the Share Repurchase for an aggregate of 9,345,794 shares, representing approximately 16% of the Company's outstanding shares as of July 27, 2023.
The Tender Offer and the Share Repurchase have been authorized and approved by the Company's Board of Directors, the Finance and Audit Committee of the Board of Directors and the members of the Board of Directors who are independent of Atairos. However, neither the Company nor any member of the Board of Directors has made, or is making, any recommendation to stockholders as to whether they should tender or refrain from tendering their shares. Stockholders must make their own decision as to whether to tender their shares and, if so, how many shares to tender. Stockholders are urged to discuss their decisions with their tax advisor, financial advisor and/or broker.
Certain Information Regarding the Tender Offer
The information in this press release describing the Tender Offer is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell shares in the Tender Offer. TriNet has not yet commenced the Tender Offer described herein, and there can be no assurance that TriNet will commence the Tender Offer on the terms described in this press release. The Tender Offer will be made only pursuant to the Offer to Purchase and the related materials that the Company will file with the SEC, and will distribute to its stockholders, as they may be amended or supplemented, on the commencement date of the Tender Offer. Stockholders should read the Offer to Purchase and related materials carefully and in their entirety because they will contain important information, including the terms and conditions of the Tender Offer. When they are available, stockholders of the Company may obtain a free copy of the Tender Offer statement on Schedule TO, the Offer to Purchase and other documents that the Company will file with the SEC from the SEC's website at www.sec.gov. When they are available, stockholders also will be able to obtain a copy of these documents, without charge, from D.F. King & Co., Inc., toll free at (800) 431-9643. Stockholders are urged to carefully read all of those materials when they become available prior to making any decision with respect to the Tender Offer.
About TriNet
TriNet (NYSE: TNET) provides small and medium-size businesses with full-service industry-specific HR solutions, providing both professional employer organization and human resources information system services. TriNet offers access to human capital expertise, benefits, risk mitigation, compliance, payroll, and R&D tax credit services, all enabled by industry-leading technology. TriNet's suite of products also includes services and software-based solutions to help streamline workflows by connecting HR, benefits, employee engagement, payroll and time & attendance. Rooted in more than 30 years of supporting entrepreneurs and adapting to the ever-changing modern workplace, TriNet empowers SMBs to focus on what matters most-growing their business and enabling their people.
Forward Looking Statements
This press release contains forward-looking statements that are based on TriNet's current expectations. Such statements include TriNet's plan to initiate the Tender Offer and ability to complete the Share Repurchase on the terms and timing described herein, or at all. Such forward-looking statements are subject to certain risks, uncertainties and assumptions, including investor demand, market conditions, customary closing conditions and other factors. There can be no assurance that TriNet will complete the Share Repurchase or initiate the Tender Offer. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those expected. More information about potential risk factors that could affect TriNet and its results is included in TriNet's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the year ended December 31, 2022 and its Quarterly Reports on Form 10-Q for the quarters ended March 31, 2023 and June 30, 2023. TriNet does not assume any obligation to update the forward-looking information contained in this press release.
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SOURCE TriNet Group, Inc. | https://www.wibw.com/prnewswire/2023/07/31/trinet-group-inc-announces-intention-launch-combined-1-billion-fixed-price-tender-offer-repurchase-atairos-each-price-107-per-share-common-stock/ | 2023-07-31T13:14:53 | 0 | https://www.wibw.com/prnewswire/2023/07/31/trinet-group-inc-announces-intention-launch-combined-1-billion-fixed-price-tender-offer-repurchase-atairos-each-price-107-per-share-common-stock/ |
MIAMI (AP) — An employee of Donald Trump’s Mar-a-Lago estate, Carlos De Oliveira, is expected to make his first court appearance Monday on charges accusing him of scheming with the former president to hide security footage from investigators probing Trump’s hoarding of classified documents.
De Oliveira, Mar-a-Lago’s property manager, was added last week to the indictment with Trump and the former president’s valet, Walt Nauta, in the federal case alleging a plot to illegally keep top-secret records at Trump’s Palm Beach, Florida, estate and thwart government efforts to retrieve them.
De Oliveira faces charges including conspiracy to obstruct justice and lying to investigators. He’s scheduled to appear before a magistrate judge in Miami nearly two months after Trump pleaded not guilty in the case brought by special counsel Jack Smith.
De Oliveira’s attorney, John Irving, said Monday that his client hadn’t yet found a Florida-based attorney — a requirement that had delayed Nauta’s arraignment previously — and cautioned that De Oliveira’s arraignment could also be delayed.
The developments in the classified documents case come as Trump braces for possible charges in another federal investigation into his efforts to cling to power after he lost the 2020 election. Trump, the early front-runner in the 2024 Republican presidential primary, has received a letter from Smith indicating that he is a target of that investigation, and Trump’s lawyers met with Smith’s team last week.
An attorney for De Oliveira declined last week to comment on the allegations. Trump has denied any wrongdoing and said the Mar-a-Lago security tapes were voluntarily handed over to investigators. Trump posted on his Truth Social platform last week that he was told the tapes were not “deleted in any way, shape or form.”
Prosecutors have not alleged that security footage was actually deleted or kept from investigators.
Nauta has also pleaded not guilty. U.S. District Judge Aileen Cannon had previously scheduled the trial of Trump and Nauta to begin in May, and it’s unclear whether the addition of De Oliveira to the case may impact the case’s timeline.
The latest indictment, unsealed on Thursday, alleges that Trump tried to have security footage deleted after investigators visited in June 2022 to collect classified documents Trump took with him after he left the White House.
Trump was already facing dozens of felony counts — including willful retention of notional defense information — stemming from allegations that he mishandled government secrets that as commander-in-chief he was entrusted to protect. Experts have said the new allegations bolster the special counsel’s case and deepen the former president’s legal jeopardy.
Video from Mar-a-Lago would ultimately become vital to the government’s case because, prosecutors said, it shows Nauta moving boxes in and out of a storage room — an act alleged to have been done at Trump’s direction and in effort to hide records not only only from investigators but Trump’s own lawyers.
Days after the Justice Department sent a subpoena for video footage at Mar-a-Lago to the Trump Organization in June 2022, prosecutors say De Oliveira asked a information technology staffer how long the server retained footage and told the employee “the boss” wanted it deleted. When the employee said he didn’t believe he was able to do that, De Oliveira insisted the “boss” wanted it done, asking, “What are we going to do?”
Shortly after the FBI searched Mar-a-Lago and found classified records in the storage room and Trump’s office, prosecutors say Nauta called a Trump employee and said words to the effect of, “someone just wants to make sure Carlos is good.” The indictment says the employee responded that De Oliveira was loyal and wouldn’t do anything to affect his relationship with Trump. That same day, the indictment alleges, Trump called De Oliveira directly to say that he would get De Oliveira an attorney.
Prosecutors allege that De Oliveira later lied in interviews with investigators, falsely claiming that he hadn’t even seen boxes moved into Mar-a-Lago after Trump left the White House.
____
Richer reported from Boston. | https://www.binghamtonhomepage.com/news/politics/ap-mar-a-lago-worker-charged-in-trumps-classified-documents-case-to-make-first-court-appearance/ | 2023-07-31T13:14:58 | 0 | https://www.binghamtonhomepage.com/news/politics/ap-mar-a-lago-worker-charged-in-trumps-classified-documents-case-to-make-first-court-appearance/ |
New dispensary delivers on brand promise of product quality and variety with convenient locations
TALLAHASSEE, Fla., July 31, 2023 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the United States, announced the relocation of a medical dispensary in Kissimmee, Fla. located at 2647 E. Irlo Bronson Memorial Hwy. The dispensary will be open 9AM – 8:30PM Monday through Saturday and 11AM – 8PM on Sunday.
"Trulieve is committed to offering our Florida patients a broad selection of convenient locations and top-quality products to choose from, while also providing for best-in-class customer service," said Trulieve's Chief Executive Officer Kim Rivers. "This new location delivers on that commitment and we will continue to seek new opportunities to better serve this community."
Trulieve invites the Kissimmee community to join in celebrating this new dispensary on Friday, August 4 with partner giveaways, music, food trucks, specials discounts and more, starting at 9 AM. Trulieve also offers statewide home delivery, convenient online ordering and in-store pickup. As always, all first-time guests are eligible for a 60% new customer discount at any Florida-based location.
Designed to meet every patient's needs, our portfolio of in-house brands includes Alchemy, Co2lors, Cultivar Collection, Modern Flower, Momenta, Muse, Roll One, Sweet Talk and Trekkers. Customers also have access to beloved brands such as Alien Labs, Bhang, Binske, Black Tuna, Blue River, Connected Cannabis, DeLisioso, Khalifa Kush, Love's Oven, Miami Mango, Old Hippie Stash, O.Pen, Seed Junky and Sunshine Cannabis, all available exclusively at Trulieve in Florida.
For more information, or to learn how to become a registered patient, please visit Trulieve.com and connect on Facebook, Instagram or Twitter.
About Trulieve
Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S., with established hubs in the Northeast, Southeast, and Southwest, anchored by leading market positions in Arizona, Florida, and Pennsylvania. Trulieve is poised for accelerated growth and expansion, building scale in retail and distribution in new and existing markets through its hub strategy. By providing innovative, high-quality products across its brand portfolio, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and customers to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com.
Facebook: @Trulieve
Instagram: @Trulieve_
Twitter: @Trulieve
Investor Contact
Christine Hersey, Vice President of Investor Relations
+1 (424) 202-0210
Christine.Hersey@Trulieve.com
Media Contact
Teresa Coulter, VancoreJones Communications
+1 (407) 808-6139
TCoulter@vancorejones.com
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SOURCE Trulieve Cannabis Corp. | https://www.wibw.com/prnewswire/2023/07/31/trulieve-opening-relocated-medical-marijuana-dispensary-kissimmee-florida/ | 2023-07-31T13:15:00 | 0 | https://www.wibw.com/prnewswire/2023/07/31/trulieve-opening-relocated-medical-marijuana-dispensary-kissimmee-florida/ |
ATLANTA (AP) — A Georgia prosecutor is expected to seek a grand jury indictment in the coming weeks in her investigation into efforts by Donald Trump and his Republican allies to overturn the then-president’s 2020 election loss.
Fulton County District Attorney Fani Willis began investigating more than two years ago, shortly after a recording was released of a January 2021 phone call Trump made to Georgia’s secretary of state.
Willis has strongly hinted that any indictment would come between July 31 and Aug. 18. One of two grand juries seated July 11 is expected to hear the case.
If Trump is indicted by a Georgia grand jury, it would add to a growing list of legal troubles as he campaigns for president. Trump is set to go to trial in New York in March to face state charges related to hush money payments made during the 2016 presidential campaign. And he has another trial scheduled for May on federal charges related to his handling of classified documents. He has pleaded not guilty in those cases.
The Justice Department is also investigating Trump’s role in trying to halt the certification of 2020 election results in the run-up to the Jan. 6, 2021, assault on the U.S. Capitol. Trump said he’s been told he’s a target of that investigation, which likely has some overlap with the one in Georgia.
Details of the Georgia investigation that have become public have fed speculation that Willis, a Democrat, is building a case under the Georgia Racketeer Influenced and Corrupt Organizations Act, which would allow her to charge numerous people in a potentially wide-ranging scheme.
Here are six investigative threads Willis and her team have explored:
The Georgia investigation was prompted by the Jan. 2, 2021, phone call Trump made to Georgia Secretary of State Brad Raffensperger, a fellow Republican. Trump suggested the state’s top elections official could help “find” the votes needed to put him ahead of Democrat Joe Biden in the state.
“All I want to do is this: I just want to find 11,780 votes, which is one more than we have,” Trump is heard saying on a recording of the call, which was leaked to news outlets. “Because we won the state.”
Trump has insisted he did nothing wrong and has repeatedly said the call was “perfect.”
Trump also called other top state officials in his quest to overturn his 2020 election loss, including Gov. Brian Kemp, then-House Speaker David Ralston, Attorney General Chris Carr and the top investigator in the secretary of state’s office.
U.S. Sen. Lindsey Graham, a South Carolina Republican, also called Raffensperger shortly after the November election. Raffensperger said at the time that Graham asked whether he had the power to reject certain absentee ballots, which Raffensperger has said he interpreted as a suggestion to toss out legally cast votes.
Graham has denied wrongdoing, saying he just wanted to learn about the signature verification process.
Biden won Georgia by a margin of fewer than 12,000 votes. Just over a month after the election, on Dec. 14, 2020, a group 16 Georgia Democratic electors met in the Senate chamber at the state Capitol to cast the state’s Electoral College votes for him. They each marked paper ballots that were counted and confirmed by a voice roll call.
That day, in a committee meeting room at the Capitol, 16 prominent Georgia Republicans — a lawmaker, activists and party officials — met to sign a certificate falsely stating that Trump had won and declaring themselves the state’s “duly elected and qualified” electors. They sent that certificate to the National Archives and the U.S. Senate.
Georgia was one of seven battleground states that Trump lost where Republican fake electors signed and submitted similar certificates. Trump allies in the U.S. House and Senate used those certificates to argue for delaying or blocking the certification of the election during a joint session of Congress.
Prosecutors in Fulton County have said in court filings that they believe Trump associates worked with state Republicans to coordinate and execute the plan.
The multi-state effort was ultimately unsuccessful. Despite public pressure from Trump and his supporters, then-Vice President Mike Pence refused on Jan. 6, 2021, to introduce the unofficial pro-Trump electors. After the attack on the U.S. Capitol put a violent halt to the certification process, lawmakers certified Biden’s win in the early hours of Jan. 7, 2021.
At least eight of the fake electors have since reached immunity deals with Willis’ team. And a judge last summer barred Willis from prosecuting another one, Lt. Gov. Burt Jones, because of a conflict of interest.
Republican state lawmakers held several hearings at the Georgia Capitol in December 2020 to examine alleged problems with the November election. During those meetings, former New York mayor Rudy Giuliani and other Trump allies made unproven claims of widespread election fraud.
They alleged that election workers tallying absentee ballots at State Farm Arena in Atlanta had told outside observers to leave and then pulled out “suitcases” of unlawful ballots and began scanning them. The Trump allies played clips of surveillance video from the arena to support their allegations. State and federal officials investigated and said there was no evidence of election fraud at the site.
Some Trump allies also said thousands of people who were ineligible — including people convicted of felonies, people under the age of 18, people who had voted in another state — had cast votes in Georgia. The secretary of state’s office has debunked those claims.
Two of the election workers seen in the State Farm Arena surveillance video, Ruby Freeman and her daughter Wandrea “Shaye” Moss, said they faced relentless harassment online and in person as a result of the allegations made by Trump and his allies.
Giuliani last week conceded that statements he made about the two election workers were false.
In a bizarre episode detailed by prosecutors in court filings, a woman traveled from Chicago to Georgia and met with Freeman on Jan. 4, 2021. The woman initially said she wanted to help Freeman but then warned that Freeman could go to prison and tried to pressure her into falsely confessing to committing election fraud, prosecutors wrote in court filings last year.
Trump-allied lawyer Sidney Powell and others hired a computer forensics team to copy data and software on election equipment in Coffee County, some 200 miles (322 kilometers) southeast of Atlanta, according to invoices, emails, security video and deposition testimony produced in response to subpoenas in a long-running lawsuit.
The county Republican Party chair at the time — who also served as a fake elector — greeted them when they arrived at the local elections office on Jan. 7, 2021, and some county elections officials were also on hand during the daylong visit. The secretary of state’s office has said this amounted to “alleged unauthorized access” of election equipment and the Georgia Bureau of Investigation is looking into it at the secretary of state’s request.
Two other men who have been active in efforts to question the 2020 election results also visited Coffee County later that month and spent hours inside.
U.S. Attorney BJay Pak, the top federal prosecutor in Atlanta, abruptly resigned two days after Trump called Raffensperger and a day after a recording of that call was made public. During that conversation, Trump called Pak a “never-Trumper,” implying that he didn’t support the president.
In December 2020, then-U.S. Attorney General William Barr asked Pak to investigate allegations by Giuliani and other Trump allies of widespread election fraud. Pak, who had been appointed by Trump in 2017, reported back that he had found no evidence of such fraud.
In August 2021, Pak told the U.S. Senate Judiciary Committee, which was investigating Trump’s post-election actions, that he resigned on Jan. 4, 2021, after learning from Department of Justice officials that Trump did not believe enough was being done to investigate allegations of election fraud and wanted him gone as U.S. attorney. | https://www.binghamtonhomepage.com/news/politics/ap-trump-could-be-indicted-soon-in-georgia-heres-a-look-at-that-investigation/ | 2023-07-31T13:15:04 | 1 | https://www.binghamtonhomepage.com/news/politics/ap-trump-could-be-indicted-soon-in-georgia-heres-a-look-at-that-investigation/ |
BEIJING, July 31, 2023 /PRNewswire/ -- WiMi Hologram Cloud Inc. (NASDAQ: WIMI) ("WiMi" or the "Company"), a leading global Hologram Augmented Reality ("AR") Technology provider, today announced that an algorithm of nonlinear optical holography was developed. This is an algorithm that uses nonlinear optical effects to reconstruct a holographic image of an object. The laser beam is modulated using nonlinear optical materials to encode information about the object under test into an optical interference pattern, and then this interference pattern is recorded and processed using holography. In this process, the optical interference pattern has spatial and temporal features of high complexity, which can be used to realize nonlinear interactions between photons through the use of nonlinear optical effects (e.g., optical phase conjugation effects) to achieve the three-dimensional reconstruction of the object. It utilizes the nonlinear properties of light in optics to realize the processing and conversion of optical signals, and has the advantages of high resolution, no damage, and fast reconstruction.
This algorithm developed by WiMi is to use the characteristics of nonlinear optical materials to realize the self-modulation of light waves, self-frequency conversion and other processing, through holographic technology recorded light field information can provide richer optical information, to achieve better holographic image reconstruction effect. The laser beam and the reference beam are first constructed, and they are interfered with through the nonlinear crystal. In the interference region, the modulation of parameters such as refractive index, absorption, and refraction angle of the material that will be self-modulated is generated, and to obtain the hologram, the phase modulation of the signal beam is required. During the propagation of the laser wave in the material, the frequency of the wave changes due to the presence of nonlinear effects, forming a new non-planar wave called a differential frequency wave. The differential frequency wave is then recorded by holographic technology, and the corresponding data processing and reconstruction are carried out to obtain the hologram image of the original information. Finally, the desired image is obtained by processing the hologram.
Compared with traditional holographic algorithms, this technology can realize a variety of nonlinear optical effects, eliminate interference fringes and noise in traditional holographic technology, improve image clarity and signal-to-noise ratio, and obtain higher holographic imaging quality and resolution. It can also realize real-time imaging by adjusting the control factors such as laser power and material parameters, and can realize image modulation and enhancement by controlling different optical parameters, which improves the flexibility and applicability, and has higher practical value of application.
With the rapid development of computer technology and optical technology, WiMi's algorithm will also be continuously improved and enhanced, and its scope of application will be further expanded. It is foreseeable that the holographic algorithm will play an important role in the fields of medical imaging, education, entertainment, etc. At the same time, it will be one of the directions of future development of optical technology, which can provide important technical support for scientific research and industrial manufacturing.
About WIMI Hologram Cloud
WIMI Hologram Cloud, Inc. (NASDAQ:WIMI) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.
Safe Harbor Statements
This press release contains "forward-looking statements" within the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company's strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission ("SEC") on Forms 20−F and 6−K, in its annual report to shareholders, in press releases, and other written materials, and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company's expectations regarding demand for and market acceptance of its products and services.
Further information regarding these and other risks is included in the Company's annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.
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SOURCE WiMi Hologram Cloud Inc. | https://www.wibw.com/prnewswire/2023/07/31/wimi-hologram-cloud-developed-algorithm-nonlinear-optical-holography/ | 2023-07-31T13:15:06 | 0 | https://www.wibw.com/prnewswire/2023/07/31/wimi-hologram-cloud-developed-algorithm-nonlinear-optical-holography/ |
Country star Craig Morgan reenlists in Army Reserve at 59
Craig Morgan is still dedicated to serving his country.
On Saturday, the musician was sworn in again at age 59 to the U.S. Army Reserve on stage at the Grand Ole Opry in front of a sold-out audience.
"I’m excited to once again serve my country and be all I can be in hopes of encouraging others to be a part of something greater than ourselves," Morgan shared in a statement to Fox News Digital.
"I love being an artist but I consider it a true privilege and honor to work with what I believe are the greatest of Americans, my fellow soldiers. God Bless America. Go Army."
COUNTRY MUSIC STAR AND VETERAN CRAIG MORGAN RELEASES FIRST ALBUM SINCE DEATH OF SON
The "That’s What I Love About Sunday" singer previously served 17 years in the Army and Army Reserve with the 101st and 82nd Airborne Divisions as an E-6 Staff Sergeant and Fire Support Specialist and including Airborne, Air Assault and Rappel Master among his certifications.
With his reenlistment, Morgan will hold the rank of Staff Sergeant and Warrant Officer.
"Every Soldier who enters the Army has the opportunity to become the best version of themselves, and Staff Sgt. Morgan is no exception. I look forward to seeing what he accomplishes and how he impacts other Soldiers around the Army," General Andrew Poppas, who officiated the ceremony, said in a statement to Fox News Digital.
Morgan will also continue touring and releasing music.
The day of the ceremony, Morgan shared a throwback photo of himself in uniform with the caption, "Once a soldier, always a soldier I love our country."
Morgan has also worked with the USO, and has earned the Army’s Outstanding Civilian Service Medal and the USO Merit Award.
Last year, Morgan told Fox News Digital that despite growing up in a musical family with his father and uncles, he hadn't considered it more than a hobby.,
"It never seemed like it was something that was a career for them, even though it kind of was, at times, and especially for me, even throughout my military career," he said at the time.
"It wasn't until later in my military career that I thought that I could possibly pursue it as a profession."
Country artist Craig Morgan performs at the Ryman Auditorium on November 11, 2022 in Nashville, Tennessee. (Photo by Jason Kempin/Getty Images)
During his time in the service, he won awards for songs that he wrote and performed for his fellow soldiers.
The "Almost Home" singer rose steadily through the ranks and was told by one of his senior officers that he was on the fast track to becoming a major.
"But he also told me, he said, ‘I think that you have a talent and at minimum you ought to pursue it,’" Morgan recalled.
Fox News Digital's Ashley Hume and Larry Fink contributed to this report. | https://www.fox13seattle.com/news/country-star-craig-morgan-reenlists-army-reserve | 2023-07-31T13:15:07 | 0 | https://www.fox13seattle.com/news/country-star-craig-morgan-reenlists-army-reserve |
SYDNEY (AP) — The Women’s World Cup is taking shape with shocks and highlights as it nears the end of the group stage.
Some players have established themselves as ones to watch, like Colombia star Linda Caicedo, who has made her team one of the tournament surprises. Colombia picked up an upset win over Germany, and Nigeria upset co-host Australia — just two of the games that showed the gap has closed at top level women’s soccer.
But co-host New Zealand was eliminated, and other big teams are in danger of not advancing headed into the final few days of group play.
The Associated Press takes a look at some of the highlights and lowlights so far:
GOAL OF THE TOURNAMENT
There have been a number of contenders and Bia Zaneratto’s strike against Panama after a sweeping move from Brazil stands out as the most complete goal so far.
Ireland’s Katie McCabe scored directly from a corner kick against Canada, and England’s Lauren James curled in a long range effort against Denmark.
Even so, Caicedo’s solo goal in Colombia’s dramatic 2-1 win against Germany is the pick of the bunch. With a flash of skill, she beat two German players in the box before lashing a shot into the top corner as the Sydney crowd dominated by Colombia fans went wild.
MOMENT OF THE TOURNAMENT
It has to be Manuela Vanegas’ late winner for Colombia against Germany. Alexandra Popp seemed to position two-time champion Germany for a draw with an 89th-minute penalty.
But Vanegas’ header in the 97th minute gave Colombia a World Cup upset.
COMEBACK
Norway looked down and out after an opening game loss to co-host New Zealand and a goalless draw against Switzerland. With star player Ada Hegerberg injured, the odds were beginning to stack up against the Norwegians going into their final Group A match against the Philippines.
But three goals within 31 minutes set up a 6-0 rout that saw Norway advance to the knockout rounds in second place. The Norway win knocked New Zealand out of the tournament, making the Football Ferns the first host to be eliminated in group play in tournament history.
EMERGING STARS
Caicedo’s standout performances aren’t a surprise to those who have followed her career. The Real Madrid forward has long-been tipped to be one of the biggest stars in women’s soccer.
She hasn’t disappointed in her first World Cup and has inspired Colombia to back-to-back wins with goals in each game.
England coach Sarina Wiegman unleashed Chelsea forward James from the start in the Lionesses’ second game against Denmark, and she made a quick impression. Collecting the ball outside the area after six minutes, she swept a curling effort past Lene Christensen.
Haiti’s Melchie Dumornay has shown flashes of the talent that earned her a move to French powerhouse Lyon, while 19-year-old Aoba Fujino has become the youngest player to score at a World Cup for Japan’s men’s or women’s teams.
Casey Phair, a 16 year old, became the youngest-ever player to appear in a senior soccer World Cup when she was a second-half substitute for South Korea against Colombia.
DISAPPOINTMENTS
While youngsters have capitalized on their chance to shine, some of the established names have yet to make their mark.
There have been differing reasons for that.
Sam Kerr’s calf injury robbed Australia of its star striker for its opening two games, while Hegerberg’s groin injury has cut her playing time for Norway.
Alex Morgan, who was the co-leading scorer at the last World Cup, is still finding her footing in the United States’ new look attack.
Record international scorer Christine Sinclair was benched for Canada’s second game and is still waiting for her first goal of the tournament, while Brazil great Marta has also been used sparingly.
SURPRISES
New Zealand kicked the tournament off with a 1-0 win against Norway, but couldn’t keep up its momentum and went on to lose by the same score to the Philippines to set up the co-host’s early exit.
Jamaica’s 0-0 draw with fifth-ranked France was described by its coach Lorne Donaldson as the country’s greatest soccer result, for men or women. But the biggest surprise could be yet to come if Jamaica can avoid defeat against Brazil to advance to the round of 16.
Colombia’s dramatic late winner against Germany, meanwhile, was one of the great upsets.
ENTERTAINERS
The goals have been flowing for Spain and Japan, teams that both advanced from the group stage with a game to spare. Both teams secured 5-0 wins against Zambia and both have produced technically excellent displays.
Germany was on a high after its 6-0 rout of Morocco, but was humbled by Colombia.
Sweden routed Italy 5-0, while Norway found its scoring touch just in time against the Philippines.
ONES TO WATCH
Some of the favorites have made underwhelming starts. The two-time defending champion United States, England, Germany and France have not been totally convincing in group play and the tournament still looks wide open.
Colombia looks legitimate, and with Kerr back in action, Australia could become a contender.
The Netherlands look like serious contenders, while Spain and Japan have impressed. Brazil has shown flashes, but faces a fight to advance from the group stage.
Nigeria has shown it is dangerous, and Sweden has picked up back-to-back wins.
___
James Robson is at https://twitter.com/jamesalanrobson
___
More AP Women’s World Cup coverage: https://apnews.com/hub/fifa-womens-world-cup | https://www.binghamtonhomepage.com/sports/ap-the-womens-world-cup-has-produced-some-big-moments-these-are-some-of-the-highlights-lowlights/ | 2023-07-31T13:15:10 | 0 | https://www.binghamtonhomepage.com/sports/ap-the-womens-world-cup-has-produced-some-big-moments-these-are-some-of-the-highlights-lowlights/ |
Lori Vallow Daybell faces sentencing in deaths of 2 children and her romantic rival
ST. ANTHONY, Idaho - Idaho mother Lori Vallow Daybell faces up to life in prison without parole Monday as she is sentenced in the murders of her two youngest children and a romantic rival in a case that included bizarre claims that her son and daughter were zombies and that she was a goddess sent to usher in the Biblical apocalypse.
Vallow Daybell was found guilty in May of killing her two youngest children, 7-year-old Joshua "JJ" Vallow and 16-year-old Tylee Ryan, as well as conspiring to kill Tammy Daybell, her fifth husband’s previous wife.
The husband, Chad Daybell, is awaiting trial on the same murder charges. Vallow Daybell also faces two other cases in Arizona — one on a charge of conspiring with her brother to kill her fourth husband, Charles Vallow, and one of conspiring to kill her niece’s ex-husband. Charles Vallow was shot and killed in 2019, but her niece’s ex survived an attempt later that year.
>> Lori Vallow trial: 'Cult mom' to learn fate after conviction for killing her two children
Monday’s sentencing will take place at the Fremont County Courthouse in St. Anthony, Idaho. Judge Steven W. Boyce is expected to hear testimony from several representatives of the victims, including Vallow Daybell’s only surviving son, Colby Ryan.
The case began in July 2019, when Vallow Daybell’s brother, Alex Cox, shot and killed her estranged husband, Charles Vallow, in a suburban Phoenix home. Cox told police he acted in self-defense. He was never charged in the case and died later that year of what authorities determined were natural causes.
Vallow Daybell was already in a relationship with Chad Daybell, a self-published author who wrote doomsday-focused fiction loosely based on Mormon teachings. She moved to Idaho with her kids and brother to be closer to him.
The children were last seen alive in September 2019. Police discovered they were missing a month later after an extended family member became worried. Their bodies were found buried in Chad Daybell’s yard the following summer.
Chad Daybell and Lori Vallow married in November 2019, about two weeks after Daybell’s previous wife, Tammy, was killed. Tammy Daybell initially was described as having died of natural causes, but an autopsy later showed she had been asphyxiated, authorities said.
Defense attorney Jim Archibald argued during the trial that there was no evidence tying Vallow Daybell to the killings, but plenty showing she was a loving, protective mother whose life took a sharp turn when she met Chad Daybell and fell for his "weird" apocalyptic religious claims. He suggested that Daybell and Vallow Daybell’s brother, Alex Cox, were responsible for the deaths.
Daybell told her they had been married in several previous lives and she was a "sexual goddess" who was supposed to help him save the world by gathering 144,000 followers so Jesus could return, Archibald said.
Vallow Daybell’s former friend Melanie Gibb testified during the trial that Vallow Daybell believed people in her life had been taken over by evil spirits and turned into "zombies," including JJ and Tylee. | https://www.fox13seattle.com/news/lori-vallow-daybell-faces-sentencing-in-deaths-of-2-children-and-her-romantic-rival | 2023-07-31T13:15:13 | 0 | https://www.fox13seattle.com/news/lori-vallow-daybell-faces-sentencing-in-deaths-of-2-children-and-her-romantic-rival |
Leveraging artificial intelligence, Mumbai-based IT services firm Yodaplus is catalyzing industry transformations, from nutraceuticals to retail, by streamlining business operations and boosting decision-making capabilities.
MUMBAI, India, July 31, 2023 /PRNewswire/ -- Yodaplus, a Mumbai-based IT services firm, is at the forefront of empowering organizations worldwide with advanced technological capabilities. Today, the company sheds light on the evolving global landscape of Artificial Intelligence (AI) and its growing adoption within its service portfolio.
With its wide range of services and deep industry knowledge, Yodaplus has been a game changer – enabling organizations to focus on their core operations and achieve sustainable growth. And now, by integrating AI into services, Yodaplus helps businesses navigate the complex digital transformation landscape more efficiently, creating a competitive edge.
AI continues to transform business operations globally, powering automation, analytics, decision-making, and enhancing user experiences. This ultimately delivers safer and more effective products to meet the growing global demand.
Yodaplus is known for its expansive roster of clients - from development banks and blockchain companies to EdTech startups and HRMS providers. With such a diverse clientele, embracing AI is more necessary than a choice, and Yodaplus has promptly addressed this need.
"As we navigate the digital age, the integration of AI into our service offerings has become an undeniable necessity," commented Vishrut Srivastava, MD, Yodaplus. "AI is here to stay, poised to make our lives more efficient and free mankind from the burden of mundane tasks. At Yodaplus, we are committed to embracing AI to drive growth and innovation for our clients while we continue to explore new horizons in this transformative technological landscape."
In line with this commitment, Yodaplus has developed an AI engine transforming the global nutraceutical supply chain. Addressing the complexities of generating differentiated nutraceutical label claims necessitates a well-mapped global database and the application of AI. To solve this problem, Yodaplus developed an AI-driven smart labels function via the NutrifyGenie AI engine.
NutrifyGenie uses sophisticated algorithms that facilitate simplified and precise decision-making, authenticating label claim validation and enabling real-time regulatory compliance. This feature provides users with pre-made labels, including correct dosage values for nutraceutical products, significantly expediting product development.
Enabling companies to effortlessly commercialize their innovations in essential markets fulfills the continuously increasing demand for nutraceutical products. As the nutraceutical industry continues to grow, Yodaplus's AI engine will play a crucial role in accelerating the new product development process and helping businesses bring innovative and differentiated products to market faster than ever before.
Not just that, the company has also recently deployed advanced invoice parsing for a retail giant. This smart solution facilitates operations by accurately extracting and collating relevant information from invoices, thus automating a previously laborious task. Furthermore, Yodaplus uses sophisticated AI tools to assist an asset management client in conducting comprehensive financial records analysis, rendering them outstanding financial decision-making capabilities.
About Yodaplus
An ever-evolving, highly specialized technology solutions company, Yodaplus offers an array of services designed to address the unique needs of businesses globally, extending beyond its Mumbai base to the US, UK, UAE, and Singapore. The company's mission, steered by MD Vishrut Srivastava, is dedicated to providing top-tier IT services and aims to propel businesses toward unprecedented growth and success. With this commitment, Yodaplus becomes your duly trusted tech partner.
For more information about Yodaplus, please visit www.yodaplus.com.
Press Contact:
Amit Pareek
Senior Marketing Manager
amitp@yodaplus.com
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SOURCE Yodaplus Technologies | https://www.wibw.com/prnewswire/2023/07/31/yodaplus-shaping-future-industries-with-powerful-ai-integration/ | 2023-07-31T13:15:13 | 1 | https://www.wibw.com/prnewswire/2023/07/31/yodaplus-shaping-future-industries-with-powerful-ai-integration/ |
AUCKLAND, New Zealand (AP) — The United States arrived at the Women’s World Cup as the favorites to win an unprecedented third consecutive title. But after an underwhelming draw against the Netherlands, there’s a real chance the Americans can be eliminated in group play for the first time in tournament history.
The U.S. plays Portugal in the third and final match of Group E play, and if Portugal pulls off an upset Tuesday at Eden Park in Auckland, the Americans could be in big trouble.
The United States needs to either win or draw against Portugal, one of eight teams playing in its first World Cup, to ensure the Americans continue to play in this tournament.
“I think we feel like we have to win everything all the time,” said American star Megan Rapinoe. “That’s the expectation for ourselves. That’s the expectation playing for U.S. national team. It’s just kind of like, ‘Why would you come into the World Cup if you don’t think that you should win it, and if you don’t think that you can win it?’”
The United States sits atop the group after a 3-0 victory over Vietnam in the tournament opener, and a 1-1 draw with the Netherlands last Thursday in Wellington. The Dutch are tied with the U.S. on points, but the Americans have the tie-breaker on goals scored.
Portugal lost to the Dutch in its opener but then beat Vietnam 2-0. So if the Portuguese beat the United States, they’ll move on, and the Americans would then need Vietnam to beat the Dutch in Dunedin — while keeping their advantage on goal differential — to advance.
“One thing is for sure, that we have a job to do and that’s first and foremost to take care of our game, so our main focus right now it our performance, our team, and Portugal,” said U.S. coach Vlatko Andonovski. “What happens on the other side is something we can’t control. We have to stay focused on the things we can control.”
Portugal could use a swarming defense to try to prevent the United States from scoring the way Vietnam — unsuccessfully — played the Americans in the opener.
Portugal defender Ana Borges said her team will be prepared.
“This is the stage where we want to be. It’s against these teams that we want to play because we’re going to learn and grow from them,” Borges said. “Not saying anything about the other team, but if we weren’t prepared for this challenge, we wouldn’t be playing football.”
CHINA-ENGLAND
England is in very good shape headed into its Group D finale against China, needing only a draw Tuesday night in Adelaide, Australia to win the group and advance to the round of 16.
Even a loss would be OK and push England through as group winners so long as Denmark doesn’t beat Haiti. If Denmark won and England lost, the group winner would be decided by FIFA tiebreakers.
England edged out a 1-0 victory over Haiti to open the tournament, then beat Denmark by the same score.
China lost 1-0 to Denmark in the opener but rebounded with a 1-0 win over Haiti and is now trying to keep its streak intact of advancing out of group play in all eight of its World Cup appearances.
It will be a tough task: China can advance to the round of 16 if the Chinese beat England. But if Denmark beats Haiti, coupled with a China win, then FIFA tiebreakers would come into a play. A loss would mean China’s only chance at advancing would be if Haiti beat Denmark.
England and China meet for just the fifth time, but first since a 2-1 China victory in 2015.
England has scored in each of its last 15 matches at the Women’s World Cup for a tally of 25 goals since 2015. A goal against China would make England the first team to score in 16 consecutive matches in the tournament.
China is looking to win consecutive World Cup games for the first time since 1999.
VIETNAM-NETHERLANDS
The Netherlands want to win every match in the Women’s World Cup but none more so than Tuesday’s game against Vietnam.
At stake: avoiding Sweden in the knockout round.
The Dutch, the tournament runner-up in 2019, need only a win or a draw in the Group E match played in Dunedin, New Zealand. And even a loss would be OK so long as the United States beats Portugal in a game being played simultaneously.
But the Netherlands has mapped out the tournament and wants no part of Sweden anytime soon.
“The first aim is always to win and get to the last 16 and then after that if we can score goals we will, of course,” said Dutch coach Andries Jonker. “But looking at our colleagues from the U.S. and Portugal, we’ve noticed it’s not all that easy. We’ve never shown any kind of arrogance, but if we get chances to score goals we will. We would prefer to play against the number two in this group and not Sweden.”
The Netherlands are tied with the United States for the top spot in the group after playing to a 1-1 draw against the Americans and a 1-0 win over Portugal.
Vietnam has already been eliminated from its first Women’s World Cup following losses to the United States and Portugal. Vietnam has lost its last five internationals by a combined score of 18-1.
“The Netherlands tries to have as many goals as possible, and I have to say we are at a low level,” said Vietnam coach Mai Duc Chung. “If we compare with Asia, we’re still at a low level. So if we compare with the world, we are still quite behind. It is a success for us already. In the past two matches we have tried our best. Great effort already.”
HAITI-DENMARK
First-time Women’s World Cup participant Haiti would like to stick around a bit longer but needs a miracle against in the Group D finale against Denmark to have any shot to advance.
Haiti needs to beat Denmark in the Tuesday match played in Perth, Australia, and hope England beats China. If both those things happen, Haiti’s only chance would still come down to FIFA’s tiebreaker system.
It’s very long odds for Haiti, which has played better in this tournament than its 0-2 record shows. Haiti held both England and China to one goal each in the first two matches.
Haiti is on a six-game losing streak headed into what is probably its final game of this tournament.
Denmark, meanwhile, is trying to advance to the group stage for the first time since 1995. Denmark was a 1-0 winner over China to start the tournament, then lost 1-0 to England and heads into the game tied for second in the group with China with three points each.
A win over Haiti pushes Denmark through to the next round so long as England doesn’t lose to China. That scenario would put tiebreakers into play.
The Danes, in the tournament for the first time since 2007, can also get through with a draw, but again, only if England beats China.
Denmark has won five of its last seven international matches.
___
AP World Cup coverage: https://apnews.com/hub/fifa-womens-world-cup and https://twitter.com/AP_Sports | https://www.binghamtonhomepage.com/sports/ap-us-needs-win-to-ensure-americans-avoid-elimination-in-group-play-for-first-time-in-womens-world-cup/ | 2023-07-31T13:15:17 | 0 | https://www.binghamtonhomepage.com/sports/ap-us-needs-win-to-ensure-americans-avoid-elimination-in-group-play-for-first-time-in-womens-world-cup/ |
Subway offers contest winner free sandwiches for life if they legally change their name
Subway is offering one lucky fan an unusual way of snagging free sandwiches for the rest of their life.
The fast food chain announced that a customer who agrees to legally change their first name to Subway will be eligible for free Subway sandwiches for life.
Customers who are interested in the contest are asked to visit SubwayNameChange.com and commit to legally changing their first name. The offer is valid between August 1 and midnight on August 3.
The contest is only open for customers over the age of 18 in all 50 U.S. states and Washington, D.C. Nebraskans need to be 21 years old or older, while Alabama residents need to be at least 19.
SUBWAY SEES YEAR-OVER-YEAR INCREASE OF OVER 12% IN QUARTERLY SAME-STORE SALES AMID SALE EXPLORATION
"Subway will select one lucky winner to earn free sandwiches and assume an iconic new identity," the sandwich chain announced in a press release.
The business is also making it easy for the lucky customer by offering to cover any legal costs that result from the name change.
"Subway will provide the winner with money to reimburse them for legal and processing costs for the name change, making it easy and effortless to become Subway and enjoy a lifetime of delicious subs," the press release added.
Subway recently announced that the chain invested more than $80 million in deli meat slicers that can make fresh cold cuts for customers. New recipes for sandwiches have also been added, including Grand Slam Ham, Garlic Roast Beef, Titan Turkey and the Beast.
Subway North America President Trevor Haynes previously told Fox Business that the new deli meat slicers will get consumers excited about the brand again.
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"I think they saw it with the Subway Series, where they could actually order off the menu and have a great tasting sandwich without thinking about it and trying new builds, et cetera, but this will just click it to another level," Haynes stated. "Everything that we do in regards to the transformation centers around our food and ensuring we deliver a great meal experience for our guests."
Fox Business’s Aislinn Murphy contributed to this report. Read more of this story from FOX Business. | https://www.fox13seattle.com/news/subway-offers-contest-winner-free-sandwiches-for-life-if-they-legally-change-their-name | 2023-07-31T13:15:19 | 1 | https://www.fox13seattle.com/news/subway-offers-contest-winner-free-sandwiches-for-life-if-they-legally-change-their-name |
GUANGZHOU, China, July 31, 2023 /PRNewswire/ -- Against the backdrop of sustainable development around the globe, excellent ESG (environmental, social and governance) performance is a new measure for the quality and sustainable prospect of an enterprise. In the future, driven by the "dual carbon" strategic goal, ESG indicators will be new focus for domestic consumer goods companies.
Recently, the fast-growing beauty group YSG released its Environmental, Social and Governance Report of 2022 (hereinafter referred to as the ESG Report). This is the second consecutive year for the Company to release the ESG Report, which thoroughly demonstrates the actions and achievements of YSG in practicing the ESG framework in multiple dimensions in the past year.
YSG's good ESG performance has won the recognition of an authoritative third party institute— in December 2022, the world's largest index company, Morgan Stanley Capital International, MSCI, upgraded the rating of YSG to A, which is an internationally recognized leading level. The rating report shows that YSG is an industry leader in the management of packaging materials and wastes, and is committed to reducing the impact of packaging materials through green packaging, lightweight packaging and recycling, etc.
Expanding "Carbon Footprint" Assessment Category, Embarking on Sustainable Path of Beauty Products
Under the guidance of "dual carbon" national strategy, the beauty industry is actively participating in sustainable development and green growth. Domestic beauty enterprises rise to implement the ESG goals. With the long-term vision of "health and beauty explorer in the era of new technology", YSG has been adhering to low-carbon development, and has always been practicing its commitment to environmental friendliness.
Following Perfect Diary's core product "Rouge Intense Velet Slim Lipstick" launched in 2021, YSG has continued to expand the scope of categories covered by carbon footprint verification. The ESG report shows that in 2022, the Company conducted carbon footprint assessment on Perfect Diary's ace products, "Weightless Velvet Lip Stain" and "Translucent Blurring Loose Powder (Anti-dullness Version)". Through this process, YSG can ascertain the carbon emissions of products in the whole life cycle, identify the potential for emission reduction at each stage, and continue to upgrade its products in the future to reduce the impact on the environment.
In addition, YSG also focuses on issues such as suppliers' carbon emissions and energy management in order to realize low-carbon and sustainable development of the entire supply chain. The Company encourages suppliers to take the initiative to meet the challenge of carbon emission reduction and to seize the opportunity to set feasible and challenging carbon emission reduction goals, so as to work together with YSG to continuously reduce the total amount of carbon emissions of the supply chain. By the end of 2022, all seven core suppliers of YSG have implemented carbon emission management.
At the same time, the consumption of packaging materials, possible pollutions and other issues have drawn more concern; plastic reduction, lightweight packaging, recycling has become the direction advocated by the government and expected by consumers. In 2022, Yatsen's brands, including Perfect Diary, Pink Bear, and Little Ondine, adjusted the weight and size of their product cartons, switched from offset-printed cardboard boxes to watermarked ones, and adopted eco-friendly kraft paper materials, reducing paper consumption by 25%;at the same time, plastic films have been removed for all paper boxes, further reducing the use of plastic packaging materials. Galénic's plastic packaging in China is 100% replaced by degradable bio-based paper plastics. EVE LOM's product packaging achieved 100% recyclability (obtaining The Green Dot logo).
Committed to Scientific Research and Innovation, Laying Solid Foundation for Brand R&D
In the past year, the cosmetic industry has been speeding into the era of detailed brand building with quality as the focus, and the attention paid to R&D by domestic beauty brands has risen significantly, as the beauty industry has entered a new stage of competing for "internal strength". According to the ESG report, YSG attaches great importance to product innovation and R&D, and has invested RMB 127 million in R&D in 2022, accounting for 3.4% of its total revenue. The R&D expense ratio continues to rank among the top in the world.
With the support of the Open Lab R&D system, YSG has formed cooperation with many renowned research institutions, universities and colleges and hospitals home and abroad, identifying, studying and transferring for commercial applications worldwide— all for quality beauty products. Multiple types of achievements of technology-supported cosmetics have been made. Perfect Diary cooperated with the Key Laboratory of Molecular Nanostructure and Nanotechnology of Chinese Academy of Sciences and developed the SmartLOCK, which is used in the Translucent Blurring Loose Powder for its high efficiency in keeping look fresh with antioxidant capacity.
What is more noteworthy is that YSG understands that R&D innovation is the way to long-term development of an enterprise, drives category innovation, which in turn brings R&D breakthrough. In 2022 June, YSG R&D Center officially obtained the Laboratory Accreditation Certificate issued by China National Accreditation Service for Conformity Assessment (CNAS), which marks that the Center's product testing capabilities, equipment and devices have reached national approved standards. In November of the same year, the Company established the Sun Yat-sen University-Yatsen Group (YSG) Skin Health Precise Research Joint Laboratory,which has now built two major platforms, namely, the Chinese Skin Aging Research Platform for Chinese and the Bio-Fermentation Research Platform of Sun Yat-sen University.
Shouldering Public Welfare, Setting Benchmark for Sustainable Development
As young listed beauty enterprise, YSG spares no effort on public welfare while promoting its own development, deepening its enterprise and brand value. The Company explores actively the new path of beauty, aiming to discover female beauty, guard natural beauty and pass on the beauty of goodwill. The on-going "Create a beautiful life" and other training programs have witnessed YSG's endeavour in public welfare.
Since the establishment of the Company, YSG has been committed to involving more people to enjoy beauty as part of its corporate social responsibility practice. In 2020, YSG, with the goal of "helping women to discover and create beauty", joined hands with the China Women's Development Foundation to launch "Creating a beautiful life" public welfare training program. A total of RMB 2 million has been invested in the program in three years. As of March 2023, 5 training sessions have been completed, empowering 202 women to start their own business/employment in the field of beauty through the learning of beauty skills, quality enhancement, in-person visits and practice, industry exchanges, and mentor support.
At the same time, the Company is also expanding the depth and breadth of public welfare practices, actively contributing to social welfare such as education and research, child care, rural revitalization, public welfare for the disabled, shouldering a sense of social responsibility and mission, insisting on giving back real benefits to the society, and spreading the beauty of goodwill even farther.
Promoting high-quality development is the core in YSG's transformation process and the fundamental guideline for the Company's ESG practices. Mr. Huang Jinfeng, Founder, Chairman and CEO of YSG, said, "2022 is a year for YSG to deepen its transformation and reform in a comprehensive manner. Good ESG governance is an important driving force to promote the sustainable development of enterprises. In the future, YSG will focus on three aspects of optimization: continue to give full play to the value of ESG to create new momentum for development; continue to improve the green management to create sustainable products; and promote more public welfare programs to give full play to their own strengths and social influence, and actively give back to the society."
On the road of sustainable and high-quality development, YSG will continue to enhance its professional ability, improve itself through reformation, apply new technology and new thinking to the field of beauty, drive product upgrading with innovation, provide high-quality and innovative products to global consumers, and bring new vitality and confidence to the beauty industry.
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SOURCE Yatsen Global | https://www.wibw.com/prnewswire/2023/07/31/ysg-releases-its-second-esg-report-setting-benchmark-industry/ | 2023-07-31T13:15:20 | 0 | https://www.wibw.com/prnewswire/2023/07/31/ysg-releases-its-second-esg-report-setting-benchmark-industry/ |
Trump's defamation lawsuit against CNN over 'the Big Lie' dismissed
A federal judge has dismissed a lawsuit Donald Trump filed against CNN in which the former U.S. president claimed that references in news articles or by the network's hosts to his efforts to overturn the 2020 election as "the Big Lie" were tantamount to comparing him to Adolf Hitler.
Trump had been seeking punitive damages of $475 million in the federal lawsuit filed last October in South Florida, claiming the references hurt his reputation and political career. Trump is a candidate for the 2024 GOP presidential nomination in what is his third run for the presidency as a major-party candidate.
RELATED: Trump digs in on election lies, attacks accuser during CNN town hall event
U.S. District Judge Raag Singhal, who was appointed by Trump, said Friday in his ruling that the former president's defamation claims failed because the references were opinions and not factual statements. Moreover, it was a stretch to believe that, in viewers' minds, that phrase would connect Trump's efforts challenging the 2020 election results to Nazi propaganda or Hitler's genocidal and authoritarian regime, the judge said.
"CNN’s use of the phrase ‘the Big Lie' in connection with Trump’s election challenges does not give rise to a plausible inference that Trump advocates the persecution and genocide of Jews or any other group of people," the judge wrote in his decision.
RELATED: Can Donald Trump still run for president despite indictment?
Email messages seeking comment were sent to Trump's attorneys in South Florida and Washington. CNN declined to comment on Sunday. | https://www.fox13seattle.com/news/trump-defamation-lawsuit-cnn-dismissed | 2023-07-31T13:15:25 | 0 | https://www.fox13seattle.com/news/trump-defamation-lawsuit-cnn-dismissed |
PARIS, July 31, 2023 /PRNewswire/ -- Yubo, the live social discovery app for Gen Z, has become a member of the Global Internet Forum to Counter Terrorism (GIFCT) to support its mission to prevent terrorist and violent extremist exploitation online through research, technical collaboration, and knowledge sharing.
Through its membership, Yubo will leverage GIFCT's hash-sharing database to identify and remove content shared on Yubo that is associated with United Nations-designated terrorist entities, attacker manifestos, terrorist publications, and other violent extremist groups. GIFCT is an NGO designed to prevent terrorists and violent extremists from exploiting digital platforms.
Since 2017, GIFCT has run a safe and secure industry database of hashes – or "digital fingerprints'' – of known terrorist and violent extremist material, which GIFCT members have identified and removed from their platforms. With users in over 140 countries around the world, Yubo will play a key role in helping GIFCT further scale its international hash-sharing database.
"GIFCT's hash database provides Yubo with a powerful tool to further strengthen our multifaceted approach to content moderation and more effectively identify and eliminate violent extremist content at scale," said Yubo co-founder and CEO Sacha Lazimi. "We look forward to expanding our support of GIFCT through this initiative and working with other member organizations to leverage technology to combat terrorism and enhance safety for all, on- and offline."
GIFCT's hash-sharing database works first by enabling member companies, like Yubo, to identify and "hash" content, such as photos, videos, or PDFs, ensuring a privacy-by-design approach to recording content for reporting or removal without linking to any personally identifiable information. Hashes appear as digital signatures or numerical representations of the original content, which means they cannot be easily reverse engineered to recreate the content.
"The lifecycle of violent extremism is often extended through the dissemination of content online, and the support of member organizations like Yubo is crucial to breaking these cycles," said GIFCT Executive Director Naureen Chowdhury Frink. "We are grateful to our GIFCT member companies for their continued collaboration in our shared mission to prevent terrorists and violent extremists from exploiting digital platforms, and we welcome the important investments Yubo has made for the safety of its community."
Yubo's integration of the GIFCT hash-sharing database follows the platform's support of the Take It Down initiative by the National Center for Missing and Exploited Children (NCMEC) in February. Take It Down is NCMEC's free online service that, like GIFCT, leverages a hash-sharing system to help minors remove their nudes from the internet and combat the online spread of child sexual exploitation.
ABOUT YUBO
Yubo is a live social discovery app making it easy for Gen Z to expand their social circles and hang out online with new friends from around the world. By eliminating likes and follows, we empower young people to show up as their true selves and connect as authentically as they would offline. Safety is a cornerstone of our platform, and we are proud to be the first social app in the world to introduce comprehensive user-age verification tools and real-time video and audio moderation for livestreams. Founded in France in 2015, Yubo is used in more than 140 countries by over 60 million users. Visit us at yubo.live to learn more and follow our journey.
ABOUT GIFCT
GIFCT is a 501(c)(3) non-profit organization and tech-led initiative with over 20 member tech companies offering unique settings for diverse stakeholders to identify and solve the most complex global challenges at the intersection of terrorism and technology. GIFCT's mission is to prevent terrorists and violent extremists from exploiting digital platforms through our vision of a world in which the technology sector marshals its collective creativity and capacity to render terrorists and violent extremists ineffective online. In every aspect of our work, we aim to be transparent, inclusive, and respectful of the fundamental and universal human rights that terrorists and violent extremists seek to undermine.
Media Contact:
Debora Lima, Yubo U.S. Media Director
debora@ext.yubo.live
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SOURCE Yubo | https://www.wibw.com/prnewswire/2023/07/31/yubo-joins-gifct-combat-spread-violent-extremist-content-online/ | 2023-07-31T13:15:26 | 0 | https://www.wibw.com/prnewswire/2023/07/31/yubo-joins-gifct-combat-spread-violent-extremist-content-online/ |
Want to live on a cruise ship? A 2-year trip around the world from Florida will cost you this much
ORLANDO, Fla. - A new cruise experience could be more affordable than the rent or mortgage you’re paying on land.
There’s a new option to live on a cruise ship while traveling the world.
"We’re excited!!" Barbara Violetta said. Violette is a retiree from The Villages and she is crazy for cruises. In fact, she has been on more than 70 cruises.
But now she’s gearing up for the voyage of a lifetime. "It’s a dream come true," she said.
She will be boarding a two-year cruise with Victoria Cruise Line. There are 214 ports in 115 countries on seven continents.
The ship is more than 750 feet long and about 100 feet wide. There will be 1,000 passengers on board.
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Passengers on board the Victoria Cruise Line consist of retirees and digital nomads – those who can work from home even if that home floats.
"Anybody who is working from home, who says it has to be a home fixed in the ground? Why can’t it be at sea?" Violetta said.
What is the cost for a trip like this?
"Those who have an inside cabin, will be paying about $2,400 a month per person," said Valerie Linderoth, a Victoria Cruises Brand Ambassador. "It’s actually pretty affordable."
While the price of $2,400 a month may not sound affordable at first, there are other factors to consider.
Rent paid monthly includes cooked meals, television, Wi-Fi, gym, pool, spa and access to doctors, nurses and a dentist on board.
"They do your laundry three times a week!" Violetta said. "Free laundry is done for us. No cleaning. No making your bed. There’s even a turndown service every day."
The $2,400 price tag is for one person in an inside cabin if you sign up for the 37-month option, which offers the biggest discount.
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But if you choose the 24-month option, it will cost you $5,119.
The 12-month option is $5,759 a month.
Whichever option you choose, it’s a long time to be away from home base, which is why Victoria Cruises allows passengers to take a break and pay just 30% of their rent while they’re gone.
"I have to take a break. My daughter is planning a wedding next year," Violetta said.
Some passengers said they plan to renew their stay indefinitely.
"We have quite a few people – about 70% – who are choosing to do the 37+ month and a lot of them are saying, "I’m gonna stay on this ship until the day I die," Linderoth said.
The cruise around the world sets sail December 1 from Fort Lauderdale, Florida. | https://www.fox13seattle.com/news/want-to-live-on-a-cruise-ship-heres-how-much-itll-cost-you | 2023-07-31T13:15:32 | 0 | https://www.fox13seattle.com/news/want-to-live-on-a-cruise-ship-heres-how-much-itll-cost-you |
Biden goes west to talk about his administration’s efforts to combat climate change
WASHINGTON (AP) — President Joe Biden will travel to Arizona, New Mexico and Utah next week and is expected to talk about his administration’s efforts to combat climate change as the region endures a brutally hot summer with soaring temperatures, the White House said Monday.
Biden is expected to discuss the Inflation Reduction Act, America’s most significant response to climate change, and the push toward more clean energy manufacturing. The act aims to spur clean energy on a scale that will bend the arc of U.S. greenhouse gas emissions.
July has been the hottest month ever recorded. Biden last week announced new steps to protect workers in extreme heat, including measures to improve weather forecasts and make drinking water more accessible.
Members of Biden’s administration also are fanning out over the next few weeks around the anniversary of the landmark climate change and health care legislation to extol the administration’s successes as the Democratic president seeks reelection in 2024.
Vice President Kamala Harris heads to Wisconsin this week with Commerce Secretary Gina Raimondo to talk about broadband infrastructure investments. Secretary of Agriculture Tom Vilsack goes to Oregon to highlight wildfire defense grants, Transportation Secretary Pete Buttigieg will go to Illinois and Texas, and Secretary of Education Miguel Cardona heads to Maryland to talk about career and technical education programs.
The Inflation Reduction Act included roughly $375 billion over a decade to combat climate change and capped the cost of a month’s supply of insulin at $35 for older Americans and other Medicare beneficiaries. It also helps an estimated 13 million Americans pay for health care insurance by extending subsidies provided during the coronavirus pandemic.
The measure is paid for by new taxes on large companies and stepped-up IRS enforcement of wealthy individuals and entities, with additional funds going to reduce the federal deficit.
Copyright 2023 The Associated Press. All rights reserved. | https://www.wistv.com/2023/07/31/biden-goes-west-talk-about-his-administrations-efforts-combat-climate-change/ | 2023-07-31T13:15:32 | 0 | https://www.wistv.com/2023/07/31/biden-goes-west-talk-about-his-administrations-efforts-combat-climate-change/ |
Women’s World Cup: Australia, Zambia, Japan win their matches on Day 11 | July 31, 2023
CHICAGO - The FIFA Women’s World Cup only happens once every four years, and whether you’re a soccer devotee or someone who just tunes in when the Cup comes around, you won’t want to miss the action. Never fear: We’ve got you covered.
Every day through the Final on August 20, FOX Digital will be breaking down the details on all the can’t-miss matches, players to watch and other essential details. What’s next: Some of the tournament’s most exciting teams fight for a ticket to the next round.
Watch the 2023 FIFA Women’s World Cup only on FOX and FS1.
Women’s World Cup matches on July 31, 2023
Day 11 of the 2023 FIFA Women’s World Cup features four matches.
- Costa Rica (0 wins, 2 losses, 0 draws) vs. Zambia (0-2-0) Final score: Zambia 3 Costa Rica 1
Watch the replay of Costa Rica vs. Zambia here
- Japan (2-0-0) vs. Spain (2-0-0) Final score: Japan 4 Spain 0
Watch the replay of Japan vs. Spain here
- Canada (1-0-1) vs. Australia (1-1-0) Final score: Australia 1 Canada 0
Watch the replay of Australia vs. Canada here
- Nigeria (1-0-1) vs. Republic of Ireland (0-2-0) Final score: Nigeria 0 Republic of Ireland 0
Watch the replay of Nigeria vs. Republic of Ireland here
For details on the results of concluded matches, scroll down to the ‘Soccer spoilers’ section.
Match spotlight: Canada vs. Australia (and Nigeria vs. Republic of Ireland)
Honestly, 75 percent of today’s matches could be called can’t-miss – apologies to Costa Rica and Zambia, but both teams have already been eliminated from advancing to the round of 16. So while we’re absolutely stoked to see the formidable teams from Spain and Japan square off, both countries are already guaranteed a spot in the next round; this match will determine which team wins group C. (If either team wins, they win the group; in the event of a draw, Switzerland will take all the marbles, based on goals. For more info, scroll down to the section titled "How does the elimination round work in the Women’s World Cup?")
And all that means that if you’re looking for suspense at the level of a sports movie in your daily World Cup viewing, you’ll want to keep your eyes trained to the day’s two group B matches – notably the showdown between the reigning Olympic champs from Canada and host country Australia’s mighty Matildas.
Neither Canada nor Australia, ranked 7th and 10th in the world respectively, have managed to rack up two wins in the group stage; the Canadians have an edge over the Aussies, as they’ve got one win and one draw. But while host countries have historically sailed through the first stage of the Women’s World Cup, the Matildas are teetering on the brink of elimination, thanks to an upset in their match against the ascendant Nigerian team (who also held the Canadians to a scoreless draw in their tournament opener).
So the Matildas have to win this one. If the match results in a draw, they’ll only make it through to the round of 16 if the Nigerian team loses or ties with the already-eliminated Irish side. So the big question is this: Will super-duper-star (and Aussie captain) Sam Kerr be healthy enough to play?
As for the Nigerians, they’ve got a shot to win group B… and they’re a lot of fun to watch, even if the Rep. of Ireland team is already out of the hunt. So sure, the big match of the day is between the Canadians and Australians, but you can safely consider both of these matches to be must-see TV.
RELATED: 8 teams that could stop USWNT from three-peating at 2023 World Cup
Players to watch on July 31, 2023
Australia: Sam Kerr, striker (hopefully?)
The captain of Australia’s Matildas is a soccer giant: She’s a LEGO! She made the cover of the FIFA video game series! She’s made celebratory backflips iconic! And per FIFA, she’s one of only three players to have scored more than three goals in a Women's World Cup game, racking up four goals in a match against Jamaica in the 2019 cup. There are few players in the world this exciting – or this much fun to watch. And due to an injury sustained in training at the 11th hour, we’ve yet to see a single Kerr backflip in this Cup. Fingers crossed that today’s the day!
Australia: Ellie Carpenter, right fullback
But even if Kerr doesn’t take the pitch, there are plenty of exciting players on the Matildas – like this Aussie standout. Carpenter is a seasoned veteran at the ripe old age of 23, as she started her pro career at age 15 and, FIFA notes, became "the youngest female footballing Olympian at 16." A reliable contributor to Olympique Lyonnais, Carpenter arrives at this Cup having recently recovered from an ACL injury; FIFA praises the energetic player for being "as adept defensively as she is offensively," and notes that she "was one of few full-backs – and Australians – in each of the last four editions of ‘The 100 Best Female Footballers in the World’ by The Guardian."
Canada: Christine Sinclair, forward
FOX Sports, who says the 40-year-old Canadian captain is "one of the greatest soccer players of all time," has some mind-bending stats that should make her importance clear: She "currently holds the record — in men's and women's soccer — with 190 international goals in more than 300 matches." She’s hoping to become the first player, male or female, to score in six editions of the Cup (Brazilian legend Marta is chasing the same record). Icons have a tendency to be iconic!
Costa Rica: Raquel Rodriguez Cedeno, forward
Portland Thorns star Cedeno, a.k.a. "Rocky," is her country’s all-time leading scorer. FOX Sports says she’s "in the prime of her career and a game-changer in central midfield," while FIFA calls her "the undisputed star of the Tica squad."
Republic of Ireland: Katie McCabe, midfielder/winger/wingback
This versatile player was named captain of the Irish in 2017 at the ripe old age of 21. A standout for the mighty Arsenal football club – this year she was named the Player of the Season for Arsenal, as well as delivering the score named Goal of the Season – she also scored the Irish side’s lone goal in the 2023 Cup (so far).
Nigeria: Asisat Oshoala, forward
The player FIFA calls "Africa’s all-time female GOAT" is not one to sleep on: the versatile Barcelona superstar and Ballon d'Or nominee has championship wins in her past, determination to spare and a mighty skill set. She’d been named CAF African Women’s Footballer of the Year a record five times, and FIFA notes that she’s somehow averaged roughly a goal per game in her four-plus seasons in Barcelona. Coach Randy Waldrum put it this way to FIFA: "When you have Oshoala, you have a chance against any team." Her thrilling goal against Australia in Nigeria’s second match of the tournament certainly backs up Waldrum’s argument.
Zambia: Barbra Banda, forward
The energetic captain of Zambia’s first World Cup-qualifying squad "exploded on to the world stage at the Olympic Games in 2021, scoring hat-tricks in Zambia’s opening two games of the tournament against the Netherlands and China PR," according to FIFA. Coach Bruce Mwape told the organization that Banda is "a fighter, a person who doesn’t like to lose, and one of our most dependable players".
Spain: Alexia Putellas, midfielder
This back-to-back Ballon d'Or winner is one of the best players on the planet, period. FIFA calls her a " skilful playmaker [who is] equipped with a mesmerizing left foot and an unerring ability to decisively affect matches by creating viable scoring opportunities for herself and her team-mates," while FOX Sports says that, like Beyoncé, Britney and Cher, "her one-name status as ‘Alexia’ is well-earned."
Japan: Saki Kumagai, defender
Japan and coach Futoshi Ikeda will be relying on this captain to steer the team toward victory – she’s the only member of the current Nadeshiko squad to play a role in Japan’s 2011 World Cup victory.
Where is the 2023 Women’s World Cup taking place?
The eyes (and cameras) of the world have turned toward host countries Australia and New Zealand.
In what time zone is the Women’s World Cup taking place?
Well, there's more than one time zone involved, as the battles for the Cup will take place in 10 stadiums in two countries. But suffice it to say that you're looking at times that are anywhere from 12 hours (for matches in Perth, Australia) to 16 hours (all New Zealand-based matches) ahead of EST.
That means some matches – like Nigeria vs. Canada, the first match of day two (July 21) – will be played early in the day locally but air on what's technically the evening before in the U.S. (in this case, July 20). Who said there's no such thing as time travel?
RELATED: Who could be the breakout star for this young, talented USWNT squad?
Where can you stream the FIFA Women’s World Cup?
We’re living in the future, baby! All matches will be live-streamed on FOXSports.com and via the FOX Sports app, and full replays will also be available. So if you’re not into watching soccer at 3 a.m., you’re covered!
How can I watch the FIFA Women’s World Cup on live TV?
The FIFA Women’s World Cup will air on FOX and FS1. The complete schedule awaits your perusal at FOXSports.com. In addition to all FIFA Women’s World Cup matches, head to your preferred FOX platform for game highlights, replays, stats, player stories, analysis and more.
How does the elimination round work in the Women’s World Cup?
Good question! As with the men’s World Cup, it’s a wee bit complicated. The 32 qualifying teams have been split into eight groups, each assigned a letter (A-H). In the first round, the groups compete against each other: each "side" (team) will participate in three in-group matches. A win is worth three points, a draw worth one point and a loss is worth (you guessed it) zero points.
At the end of the round, the top two teams (as determined by point total) in each group proceed to the knockout round. That’s 16 teams total.
RELATED: 2023 Women's World Cup betting primer: How to bet on soccer
When does Team USA play next?
After their July 27 draw with the Netherlands, Alex Morgan, Lindsay Horan and company will square off against Portugal on August 1.
Soccer spoilers: today's results
Nigeria vs. Republic of Ireland: Nigeria did just enough to hold Ireland to a scoreless tie at 0-0, a result that sends Nigeria on to the knockout round. Ireland's time in the Women's World Cup comes to a close.
Costa Rica vs. Zambia: Both teams had already been eliminated from contention prior to the match, but Zambia and Costa Rica put on a show nonetheless. Zambia pulled ahead at the very start with the country's first-ever World Cup goal, and extended its lead before the half. The Costa Rican squad came back in the second half with a goal to try and catch up, but they were unable to close the gap, which Zambia extended with a third goal in stoppage time.
Japan vs. Spain: Japan and Spain entered with two wins and thus made this match one to decide the winner of Group C. Surprisingly, one team had no issues, but it was not the betting favorite, as Japan raced out to a three-goal lead right before halftime. That would be all Japan needed and eventually led to a 4-0 win. Hinata Miyazawa scored the first goal for Japan and then collected her second right before the end of the first half. The impressive performance set Japan up to clash with Norway, which is coming off a decisive win of its own, in the Knockout Stage.
Australia vs. Canada: Hayley Raso gave the Australians the first goal of the match! Australia nearly doubled its lead, but Canadien keeper Kailen Sheridan made the save. Australia. — the host of the tournament — is the No. 10 ranked team in the world, according to FIFA, while Canada is ranked No. 7.
Watch this space!
Watch the 2023 FIFA Women’s World Cup only on FOX and FS1. | https://www.fox13seattle.com/sports/womens-world-cup-july-31-how-to-watch-stream-australia-canada-spain-japan-nigeria-ireland | 2023-07-31T13:15:38 | 0 | https://www.fox13seattle.com/sports/womens-world-cup-july-31-how-to-watch-stream-australia-canada-spain-japan-nigeria-ireland |
ALHAMBRA, Calif., July 31, 2023 /PRNewswire/ -- Apollo Medical Holdings, Inc. ("ApolloMed," and together with its subsidiaries and affiliated entities, the "Company") (NASDAQ: AMEH), a leading physician-centric, technology-powered healthcare company focused on enabling providers in the successful delivery of value-based care, today announced an agreement to partner with IntraCare, an operator of a value-based primary care provider network and primary care clinics located predominantly in Texas with a growing presence in Oklahoma.
Headquartered in the Dallas-Fort Worth metropolitan area of Texas, IntraCare is aligned with over 425 providers managing the care of over 40,000 members. Like ApolloMed, IntraCare is on a mission to build a thriving healthcare ecosystem that promotes successful, independent physicians, strengthens the patient-physician relationship, and improves patient satisfaction and healthcare outcomes through quality, compassionate coordinated care.
ApolloMed's partnership with IntraCare is poised to accelerate access to high-quality, value-based care for seniors in three areas. First, ApolloMed's ACO will partner with IntraCare's primary care providers as part of the ACO REACH program, an attribution-based risk-bearing model designed to advance health equity and bring the benefits of accountable care to Medicare beneficiaries in underserved communities. In addition, ApolloMed will deploy its value-based care platform as the exclusive care enablement partner for IntraCare providers participating in the ACO REACH program. Finally, to further IntraCare's mission and growth, ApolloMed will lend IntraCare a $25 million senior secured convertible promissory note maturing in 2028. Guggenheim Securities, LLC acted as financial advisor to IntraCare in connection with the transactions.
Brandon Sim, Co-CEO of ApolloMed, stated, "We have admired IntraCare's demonstrated track record of successfully empowering local independent primary care practices in Texas and Oklahoma, a strategy which is aligned with and complementary to our success in our core markets. With this partnership, we are excited to build upon IntraCare's momentum and partner with their providers in our ACO, continuing to scale our Care Partners business. We also look forward to bringing our Care Enablement platform to these providers and will work closely with IntraCare's leadership team in continuing to expand upon their historical success while exploring additional avenues for collaboration down the road."
Anwar Kazi, CEO of IntraCare, added, "We are thrilled to be partnering with ApolloMed, a company that is aligned with IntraCare in its mission of empowering providers in the successful delivery of value-based care. We believe that joining forces with ApolloMed will enable us to accelerate the growth of our business as we look to continue expanding our affiliate network and owned clinic footprint within our existing geographic presence in Texas and Oklahoma."
About Apollo Medical Holdings, Inc.
ApolloMed is a leading physician-centric, technology-powered, risk-bearing healthcare management company. Leveraging its proprietary end-to-end technology solutions, ApolloMed operates an integrated healthcare delivery platform that enables providers to successfully participate in value-based care arrangements, thus empowering them to deliver high quality care to patients in a cost-effective manner.
Headquartered in Alhambra, California, ApolloMed's subsidiaries and affiliates include management services organizations (MSOs), affiliated independent practice associations (IPAs), and entities participating in the Centers for Medicare & Medicaid Services Innovation Center (CMMI) innovation models. For more information, please visit www.apollomed.net.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, such as statements about the Company's operational focus and strategic growth plans and expectations regarding its ability to successfully partner with third parties. Forward-looking statements reflect current views with respect to future events and financial performance and therefore cannot be guaranteed. Such statements are based on the current expectations and certain assumptions of the Company's management, and some or all of such expectations and assumptions may not materialize or may vary significantly from actual results. Actual results may also vary materially from forward-looking statements due to risks, uncertainties and other factors, known and unknown, including the risk factors described from time to time in the Company's reports to the Securities and Exchange Commission ("SEC"), including without limitation the risk factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2022, filed with the SEC and any subsequent quarterly reports on Form 10-Q.
FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations
(626) 943-6491
investors@apollomed.net
Carolyne Sohn, The Equity Group
(408) 538-4577
csohn@equityny.com
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SOURCE Apollo Medical Holdings, Inc. | https://www.wistv.com/prnewswire/2023/07/31/apollo-medical-holdings-inc-announces-partnership-with-intracare-advance-value-based-care-texas-oklahoma/ | 2023-07-31T13:15:38 | 1 | https://www.wistv.com/prnewswire/2023/07/31/apollo-medical-holdings-inc-announces-partnership-with-intracare-advance-value-based-care-texas-oklahoma/ |
SINGAPORE, July 31, 2023 /PRNewswire/ -- Asia Innovations Group (ASIG) announced today that its Technology Center of Excellence (TCE) is now fully operational after five months of rigorous testing and development. The TCE's official launch marks a significant milestone in ASIG's ongoing AI development.
The TCE is an AIGC-centric engineering shared services hub that unites a skilled team of technical specialists, product experts, project managers, and a Machine Learning Operations (MLOps) platform. Based on Ray Serve, MLflow, K8s and ASIG's self-built hybrid cloud, the MLOps platform has gathered an extensive assortment of both open-source and proprietary AI models, enabling engineers, product developers, and professionals in operations and marketing to seamlessly access the platform via API interfaces.
ASIG has been at the forefront of adopting AI and has heavily invested in AI technologies in recent years. By providing multimodal models and solutions for natural language processing and computer vision, the TCE has enabled ASIG to accelerate the development of AI technologies across a wide range of applications.
The TCE has strengthened ASIG's e-commerce capabilities by utilizing Stable Diffusion technology. With this technology, users can match clothes with models while streamlining image processing and reducing production costs. Even with granular features such as model head swapping and skin changing, AI image extraction is exceptionally fast, delivering 100 images in just five seconds. Additionally, SEO copywriting generates marketing content for 3C products by simply inputting keywords and SKU information, helping to reduce promotion costs, increase product exposure, and boost organic traffic.
The TCE has also enhanced Orbit, ASIG's new social discovery product, by incorporating large language models that enable users to engage in conversations and play games with Obi, an AI-powered chatbot. These models provide for other innovative features such as icebreaking during one-on-one chats between users, as well as an in-app text-to-image tool that allows users to produce captivating images that express their emotions, ideas, and thoughts in a creative and personalized fashion. In essence, these enhancements strengthen genuine connections and elevate the overall user experience on the platform.
"The TCE showcases our strong capabilities in AIGC application, as well as our unwavering commitment to create innovative, impactful products," said Ouyang Yun, Chairman and CEO of ASIG. "AI is not just a new technology, it has the power to better connect people and positively impact users worldwide."
Finally, the TCE increases ASIG's operational efficiency by providing AI-powered administrative and financial services internally. This strengthens the company's overall functionality and streamlines its processes.
About Asia Innovations Group
Asia Innovations Group (ASIG) is a global leader in the mobile social industry, serving over 700 million registered users in over 150 regions worldwide as of July 2023. With eighteen offices around the globe, ASIG leverages its proven record of innovation, cutting-edge technology, scalable infrastructure, and global insights with local expertise in emerging markets to deliver stakeholder value based on the most exciting trends and growth opportunities in the social marketplace. ASIG has built a comprehensive and diverse portfolio since its founding in 2013, including leading apps such as Uplive, the global live video platform; CuteU and Lamour, the dominant dating apps in emerging markets; as well as other fast-growing voice and game-based live social apps. ASIG continues to be focused on integrating emerging technologies, including the latest AI applications, into all of its products to achieve its mission of enriching people's lives through innovative and enjoyable social products that foster meaningful human connection.
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SOURCE Asia Innovations Group | https://www.wistv.com/prnewswire/2023/07/31/asigs-technological-center-excellence-advances-ai-applications-with-unparalleled-innovation/ | 2023-07-31T13:15:45 | 1 | https://www.wistv.com/prnewswire/2023/07/31/asigs-technological-center-excellence-advances-ai-applications-with-unparalleled-innovation/ |
HOUSTON, July 31, 2023 /PRNewswire/ -- AutomationEdge, a leading Hyperautomation platform has announced strategic partnership with eAlliance Corp, a cutting-edge Hyperautomation solutions provider.
The partnership will enable eAlliance Corp to provide AutomationEdge solutions such as CogniBot - a conversational AI platform, DocEdge - an intelligent document processing platform, Intelligent Service Desk Ticket Data Analysis, IT Process Automation (ITPA) and RPA. This collaboration will empower AutomationEdge and eAlliance Corp to help customers innovate with automation to move the needle on the top and bottom line.
AutomationEdge, along with its Hyperautomation platform, has also build the ready automation solutions across industries. It will help customers achieve faster Go-To-Market for automation projects with lower cost. It is empowering 250+ customers globally in Healthcare, Banking, Insurance, Financial Services and other industries.
For over 20 years, eAlliance Corp has been delivering technology solutions to businesses worldwide across industries. It has been a trusted advisor to its customer in innovation, strategy and execution of automation solutions. Through this partnership, eAlliance will be able to offer innovative business process automation solutions to customers focusing on key enterprise domains such as finance & accounting, customer service, procurement, human resources, cash applications and more.
About AutomationEdge
AutomationEdge is a leading Hyperautomation platform across the globe with end-to-end automation capabilities. With its platforms working together as one solution, it has enabled seamless process automation for global enterprises.
AutomationEdge has already delivered its innovative solutions to large multinational organizations like American Express, Smart Dubai Government, Wipro, AccentCare, Danone, University of Maryland Medical System, Aspen Pharmacare, Oman LNG, Mashreq Bank, HDFC Bank, and Genpact, to name a few.
For more details, contact sales or request a demo.
About eAlliance Corp
eAlliance Corp is a professional services firm with big company expertise and small company relationships, taking pride in agility and real-time responsiveness. eAlliance Corp is a trusted name in the Hyperautomation industry, offering comprehensive services and solutions to help businesses achieve their automation goals with ease. Founded in 2002 in Chicago, IL, staffed with resources in the US and India possessing vast experience and leadership in business and technology.
For more details, visit website.
For media inquiries, please contact:
Rahul Wandile
Media Relations – AutomationEdge
rahul.wandile@automationedge.com
www.automationedge.com
Follow AutomationEdge on: Twitter, Facebook, LinkedIn, and YouTube
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SOURCE AutomationEdge | https://www.wistv.com/prnewswire/2023/07/31/automationedge-ealliance-corp-announced-partnership-hyperautomation-solutions/ | 2023-07-31T13:15:51 | 1 | https://www.wistv.com/prnewswire/2023/07/31/automationedge-ealliance-corp-announced-partnership-hyperautomation-solutions/ |
The expansion of permanent jewelry gives even more consumers a new long-term way to express themselves
DALLAS, July 31, 2023 /PRNewswire/ -- Banter by Piercing Pagoda, the jewelry and piercing leader, announces the expansion of its permanent jewelry program. Available in an anklet, bracelet, or whatever curated length the consumer prefers, the new permanent jewelry service offers a customized fit and long-term wear through quick and safe metal welding. The service is now available at 62 Banter by Piercing Pagoda storefronts nationwide — the most of any jewelry retailer.
The expansion of Banter's permanent jewelry offering follows the initial pilot program which received a positive response from consumers. Customers can choose from eight (8) unique chain styles and 12 charms in 14k gold that are then welded together to provide long-term wear. The permanent jewelry experience is available by appointment or walk-ins.
"We are extremely excited to expand our permanent jewelry services to be accessible to more customers nationwide," says Amy Robinson, President of Banter by Piercing Pagoda. "Banter by Piercing Pagoda has been an innovator and pioneer in the jewelry industry through our piercing services and jewelry styles for over 60 years. The expansion demonstrates our continued, strategic effort to be at the forefront of jewelry trends and help customers find their ideal, responsibly sourced pieces to express and celebrate who they truly are."
The permanent jewelry experience will be available at locations in Brooklyn, Charlotte, Columbus, Dallas, Las Vegas, Orlando, Pittsburgh, San Diego, Santa Monica, and more. The full list of Banter permanent jewelry locations may be found online.
The purchase price of chains in the permanent jewelry collection ranges from $80 to $330, with charms starting at $25. Initial use cases show customers gravitating to permanent jewelry for themselves, joint bracelets with their partner or best friend, and bachelorette and wedding parties. For more information, please visit Banter.com.
About Banter by Piercing Pagoda
Banter by Piercing Pagoda is the leader in ear and other piercings. As the nation's largest specialty kiosk retailer, Banter by Piercing Pagoda has a history of serving and satisfying customers with an extensive selection of popularly priced 10K and 14K gold chains, charms, bracelets, rings, and earrings, as well as a variety of silver and diamond jewelry. Visit www.banter.com to view Banter by Piercing Pagoda's latest styles or to find a location near you. Follow us on Facebook, Instagram, Pinterest, and YouTube. Banter by Piercing Pagoda is part of Signet Jewelers Limited, the world's largest retailer of diamond jewelry.
PRESS CONTACT
Lividini & Co.
signet@lividini.com
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SOURCE Banter by Piercing Pagoda | https://www.wistv.com/prnewswire/2023/07/31/banter-by-piercing-pagoda-expands-its-permanent-jewelry-services-nationwide/ | 2023-07-31T13:15:58 | 0 | https://www.wistv.com/prnewswire/2023/07/31/banter-by-piercing-pagoda-expands-its-permanent-jewelry-services-nationwide/ |
Impact "much bigger than a single project"
WAYNESBORO, Ga., July 31, 2023 /PRNewswire/ -- Bechtel, the engineering, procurement, and construction company brought in to complete construction on new Units 3 and 4 at the Vogtle nuclear power plant in Georgia, today issued the following statement from Brendan Bechtel, Bechtel Chairman and CEO, marking the start of commercial operations for Unit 3:
"We are extremely proud of Bechtel's part in achieving this milestone. Our team has been 100 percent committed to Vogtle's completion since being brought in to finish the project.
"Today's start of commercial operations for Vogtle Unit 3 gives the Southeast a major new source of clean, reliable, carbon-free baseload energy. And, as the first new nuclear unit built in the U.S. in more than 30 years, it helps put America back on the map as a leader in the global nuclear industry.
"Bechtel has supported the design and construction of 150 nuclear plants worldwide. We know firsthand how Vogtle Units 3 and 4 go a long way in restoring America's muscle memory in nuclear construction, including the workforce and domestic supply chains required to build America's largest nuclear power plant. Vogtle Unit 3 comes online at a pivotal time when energy security concerns and the need to cut carbon emissions are driving growth in the world's nuclear fleet.
"Plant Vogtle will generate more carbon-free electricity yearly than any other energy facility currently operating in the country. Its completion reinforces that the United States is the responsible partner of choice for new nuclear energy around the world, and maintains U.S. interests in ensuring strong safety, security, and non-proliferation standards. This is why Vogtle's impact is much bigger than a single project.
"Thank you to the thousands of skilled craft professionals, union partners, engineers, project managers, procurement experts, suppliers, subcontractors, and everyone who made this day possible. And thank you to Georgia Power and Southern Nuclear for the opportunity to bring this project over the finish line. We look forward to doing the same with Unit 4 in the coming months."
Background
In 2017, Bechtel was brought in by Georgia Power and Southern Nuclear to take over construction of Vogtle Units 3 and 4, bringing extensive experience supporting the design and construction of 150 nuclear plants worldwide. Vogtle Units 3 and 4 are the first Westinghouse AP1000 units to ever be built in the U.S.
Bechtel has completed more than 76,000 megawatts of new nuclear generation capacity and has designed, built, or performed engineering and/or construction services on more than 80% of nuclear plants in the United States. Today, the company leads efforts in designing and constructing advanced nuclear plants, critical to global efforts to achieve net zero carbon emissions.
Bechtel partnered with North America's Building Trades Unions (NABTU) to build Plant Vogtle Units 3 and 4. At peak, Bechtel and NABTU had a combined 9,000 workers on site.
About Bechtel
Bechtel is a trusted engineering, construction, and project management partner to industry and government. Differentiated by the quality of our people and our relentless drive to deliver the most successful outcomes, we align our capabilities to our customers' objectives to create a lasting positive impact. Since 1898, we have helped customers complete more than 25,000 projects in 160 countries on all seven continents that have created jobs, grown economies, improved the resiliency of the world's infrastructure, increased access to energy, resources, and vital services, and made the world a safer, cleaner place.
Bechtel serves the Energy; Infrastructure; Manufacturing & Technology; Mining & Metals; and Nuclear, Security & Environmental markets. Our services span from initial planning and investment through start-up and operations. www.bechtel.com
Contact:
Amanda Meixel
ammeixel@bechtel.com
M: 1-706-360-5526
P: 1-703-429-6313
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SOURCE Bechtel | https://www.wistv.com/prnewswire/2023/07/31/bechtel-commercial-operations-vogtle-unit-3-is-an-important-milestone-us-nuclear-industry/ | 2023-07-31T13:16:04 | 0 | https://www.wistv.com/prnewswire/2023/07/31/bechtel-commercial-operations-vogtle-unit-3-is-an-important-milestone-us-nuclear-industry/ |
HOMER, Alaska, July 31, 2023 /PRNewswire/ -- Discovery Channel's Charlotte Kilcher (Alaska: The Last Frontier) will be joining her childhood friend Corky Parker for an upcoming event as Parker returns to Alaska for a book tour of her memoir La Finca: Love, Loss, and Laundry on a Tiny Puerto Rican Island.
Before moving to Washington state and spending her time between Seattle and the inn she owned on the Puerto Rican island of Vieques, Parker spent the 70s in Alaska where she helped to start up the radio station KSKA and the Alaska Bluegrass Festival; worked at her brother's iconic del Mundo cafe; waited tables for future governor Tony Knowles at the Downtown Deli; and spent time as a paralegal for Brian Shortell at the Alaska Public Defender Agency. Somewhere around all that she also starred in Tom Sadowski and Jimmie Froehlich's cult Alaskan postcard collection and film "Trailer Court," and served a short stint as executive director to the Alaska Wilderness Guides Association.
La Finca, winner of this year's Nancy Pearl Award for memoir, is a self-illustrated chronicle of the twenty-plus years Parker ran La Finca Caribe, an off-beat eco-lodge in Vieques, Puerto Rico, beloved by visitors worldwide, including legendary chef Alice Waters. The book covers the challenges and rewards of tropical innkeeping and hurricanes to divorce and bankruptcy. It's about how much we can learn from a place, a culture; learning how to listen to our own spirit.
Parker will be doing her tour through Alaska August 2–10, and her appearances will include an interview with KSKA about the station's upcoming anniversary as well as events with the Homer Public Library, the Georgia Blue Gallery in Anchorage, and the Writer's Block Bookstore and Café in Anchorage. Kilcher will join Parker for the Homer Library event to be in conversation with her about their experiences and memories in Alaska.
Fans are encouraged to join the Aug. 8 Homer Library event with Parker and Kilcher via Zoom. More information here: https://www.cityofhomer-ak.gov/library/author-talk-corky-parker-la-finca-love-loss-and-laundry-tiny-puerto-rican-island.
Contact: Jessie Glenn
Jess@mindbuckmedia.com
Mindbuckmedia.com
503-998-8770
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SOURCE Corky Parker | https://www.wistv.com/prnewswire/2023/07/31/bffs-award-winning-author-corky-parker-discovery-channels-charlotte-kilcher-team-up-alaskan-book-tour/ | 2023-07-31T13:16:11 | 0 | https://www.wistv.com/prnewswire/2023/07/31/bffs-award-winning-author-corky-parker-discovery-channels-charlotte-kilcher-team-up-alaskan-book-tour/ |
NEW YORK, July 31, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC"), a leading global brokerage and financial technology company, today announced the addition of a Weather Derivatives Team with the hire of Nicholas and Eric Ernst. Nicholas joins the firm as Managing Director, BGC Weather Derivatives while Eric joins as Weather Broker.
John Abularrage, Co-Global Head of Financial Services Brokerage, commented on today's announcement, "We are excited to welcome Nicholas and Eric to BGC. They bring with them almost three decades of invaluable experience in the weather derivatives and climate risk transfer space. With these new hires, BGC now operates the premier weather and climate derivatives desk in the industry."
Nicholas Ernst brings with him over 20 years of experience in the weather derivatives and risk transfer space. Prior to joining BGC, he served as Managing Director, Weather Markets at ICAP. Additionally, Nicholas spent time in similar roles at OTC Global and Evolutions Markets.
Before joining BGC, Eric Ernst served as a Weather Broker at ICAP. Prior to that, Eric held various roles at Choice Energy and spent three years in the renewable energy sector.
About BGC Group, Inc.
BGC Group, Inc. ("BGC") began trading on Nasdaq at the market opening on July 3, 2023, under the new ticker symbol "BGC", following the corporate conversion of its predecessor BGC Partners, Inc. (formerly Nasdaq: BGCP). BGC is a leading global brokerage and financial technology company. BGC, through its various affiliates, specializes in the brokerage of a broad range of products, including Fixed Income (Rates and Credit), Foreign Exchange, Equities, Energy and Commodities, Shipping, and Futures. BGC, through its various affiliates, also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through its brands, including Fenics®, FMX™, FMX Futures Exchange™, Fenics Markets Xchange™, Fenics Digital™, Fenics UST™, Fenics FX™, Fenics Repo™, Fenics Direct™, Fenics MID™, Fenics Market Data™, Fenics GO™, Fenics PortfolioMatch™, BGC®, BGC Trader™, kACE2™, and Lucera®, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Group, BGC Partners, BGC Trader, GFI, GFI Ginga, CreditMatch, Fenics, Fenics.com, FMX, Sunrise Brokers, Poten & Partners, RP Martin, kACE2, Capitalab, Swaptioniser, CBID, Caventor, LumeMarkets and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC and/or its affiliates.
BGC's customers include many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC's Class A common stock trades on the Nasdaq Global Select Market under the ticker symbol "BGC". BGC is led by Chairman of the Board and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcg.com. You can also follow BGC at https://twitter.com/bgcgroupinc, https://www.linkedin.com/company/bgc_group and/or http://ir.bgcg.com.
Discussion of Forward-Looking Statements about BGC
Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
Media Contact:
Karen Laureano-Rikardsen
+1 212-829-4975
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SOURCE BGC Group, Inc. | https://www.wistv.com/prnewswire/2023/07/31/bgc-group-hires-nicholas-eric-ernst-launch-weather-derivatives-desk/ | 2023-07-31T13:16:18 | 1 | https://www.wistv.com/prnewswire/2023/07/31/bgc-group-hires-nicholas-eric-ernst-launch-weather-derivatives-desk/ |
SAN JOSE, Calif., July 31, 2023 /PRNewswire/ -- Broadcom Inc. (NASDAQ: AVGO), a Delaware corporation headquartered in San Jose, CA, and a global technology leader that designs, develops and supplies semiconductor and infrastructure software solutions, today announced it will report its third quarter fiscal year 2023 financial results and business outlook on Thursday, August 31, 2023 after the close of the market. Broadcom's management will host a conference call at 2:00 p.m. Pacific Time on the same day to discuss these results and business outlook.
Date: Thursday, August 31, 2023
Time: 2:00 PM (PT); 5:00 PM (ET)
To Listen via Telephone: Preregistration is required by the conference call operator. Please preregister at https://register.vevent.com/register/BIab1222c9ed364122895c0b8a81ef898b. Upon registering, you will be emailed a link to the dial-in number and unique PIN.
To Listen via Internet: The conference call can be accessed live online in the Investors section of the Broadcom website at https://investors.broadcom.com.
Replay: An audio replay of the conference call can be accessed for one year through the Investors section of Broadcom's website at https://investors.broadcom.com.
About Broadcom Inc.
Broadcom Inc. (NASDAQ: AVGO), a Delaware corporation headquartered in San Jose, CA, is a global technology leader that designs, develops and supplies a broad range of semiconductor and infrastructure software solutions. Broadcom's category-leading product portfolio serves critical markets including data center, networking, enterprise software, broadband, wireless, storage and industrial. Our solutions include data center networking and storage, enterprise, mainframe and cyber security software focused on automation, monitoring and security, smartphone components, telecoms and factory automation. For more information, go to https://investors.broadcom.com.
Contact:
Broadcom Inc.
Ji Yoo
Investor Relations
408-433-8000
investor.relations@broadcom.com
(AVGO-Q)
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SOURCE Broadcom Inc. | https://www.wistv.com/prnewswire/2023/07/31/broadcom-inc-announce-third-quarter-fiscal-year-2023-financial-results-thursday-august-31-2023/ | 2023-07-31T13:16:24 | 1 | https://www.wistv.com/prnewswire/2023/07/31/broadcom-inc-announce-third-quarter-fiscal-year-2023-financial-results-thursday-august-31-2023/ |
TORONTO, July 31, 2023 /PRNewswire/ - Spin Master Corp. (TSX: TOY) (www.spinmaster.com), a leading global children's entertainment company, today announced the launch of an all-new Bakugan series, introducing a revamped anime style. Bakugan will premiere on Netflix (US, Canada, Australia, Nordics and Middle East) on September 1, 2023, and will air on Disney XD in the U.S. on September 23, 2023. Alongside the series' fresh aesthetic, characters and storyline, fans will be able to immerse in the brawling action with a new spin on Bakugan toys - engineered for great battling action.
The all new, enhanced animation will be first revealed on Roblox, the global immersive platform where millions of people connect and communicate daily, uniting fans once again in a shared streaming experience first trailblazed by Bakugan within Roblox in 2021. Fans can converge within All-Star Tower Defense, a top experience on the platform developed by metaverse game developers Gamefam, to stream the first two episodes of Bakugan in both English and Japanese, starting Friday, August 4 at 4:00 p.m. PT / 7:00 p.m. PT through until Sunday, August 13 - four weeks ahead of the Netflix premiere.
Relaunched in 2019, a decade after its first reign as a global phenomenon, Bakugan has proven to be an evergreen brand with a strong following. "The Bakugan franchise will elevate to epic new heights as we further enhance the experience across entertainment and power up the gameplay through toys," said Jeremy Tucker, Spin Master's EVP and Global Chief Marketing Officer. "We'll deliver these new and unique experiences, driving collectability, and introducing new ways for Bakugan fans of all ages to battle and connect with the brand."
Reaching the number one property in the battling toys and playsets class in the US and Australia in Q1 2023 (Source: Circana / Retail Tracking Service / US, Australia / Projected USD / Q1'23) fans are loving Bakugan's brawling action. The Bakugan series toy line introduces a whole new way to brawl.
Highlights include:
- Bakugan Special Attack: Spin into battle like never before with the all-new customizable Special Attack Bakugan toys. Combine and stack the Special Attack Bakugan, then brawl into action with all new hyper spin action, ripping the cord to spin the Bakugan on the metal Gate CardTM and watch the Bakugan transform with its iconic pop open transformation. Combine the character with the Special Attack Card for new stats to level up the gameplay. (SRP $9.99; Age 6+)
- Bakugan Battle ArenaTM: Step into the ultimate space for battles with the Battle Arena playset. Featuring multiple launch points, obstacles, storage, and built-in camera stands to film all the action on your mobile device. This new playset is ready for an epic Bakugan Brawl. (SRP $39.99; Age 6+)
The new Bakugan toy collection will also include Power Gear tokens found in pack and redeemable for a digital Bakugan-themed accessory or power-up within Roblox. Eagle eyes can also spot hidden Power Gear codes within content on the official Bakugan YouTube channel.
The new Bakugan toy line is available at all major retailers August 1, 2023.
In the exciting new season of Bakugan, the VESTROIAN galaxy is made up of six planets each home to a different species of Bakugan (Avian, Dragon, Insect, Beast, Aquatic and Dinosaur). Constantly at WAR with one another, the use of experimental weaponry causes the Bakugan to be inadvertently transported to EARTH. Baku-balls rain down from the sky like meteors and crash into cities, forests, and oceans. And when the balls unroll, humans meet the 10 FEET TALL Bakugan for the very first time. Thankfully, humanity welcomes these displaced creatures, embraces their culture, and particularly falls in love with their long-standing tradition of BRAWLING. That is until teenagers start PAIRING with Bakugan and miraculously give them the ability to grow to giant KAIJU size! The world was filled with fear, and it was during this time THE CATASTROPHE happened.
Spin Master Corp. (TSX:TOY) is a leading global children's entertainment company, creating exceptional play experiences through its three creative centres: Toys, Entertainment and Digital Games. With distribution in over 100 countries, Spin Master is best known for award-winning brands PAW Patrol®, Bakugan®, Kinetic Sand®, Air Hogs®, Hatchimals®, Rubik's Cube® and GUND®, and is the global toy licensee for other popular properties. Spin Master Entertainment creates and produces compelling multiplatform content, through its in-house studio and partnerships with outside creators, including the preschool franchise PAW Patrol and numerous other original shows, short-form series and feature films. The Company has an established presence in digital games, anchored by the Toca Boca® and Sago Mini® brands, offering open-ended and creative game and educational play in digital environments. Through Spin Master Ventures, the Company makes minority investments globally in emerging companies and start-ups. With 26 offices in close to 20 countries, Spin Master employs more than 2,000 team members globally. For more information visit spinmaster.com or follow-on Instagram, Facebook and Twitter @spinmaster.
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SOURCE Spin Master | https://www.wistv.com/prnewswire/2023/07/31/calling-all-brawlers-spin-master-presents-an-all-new-generation-bakugan-premiering-netflix-september-1-disney-xd-september-23/ | 2023-07-31T13:16:31 | 0 | https://www.wistv.com/prnewswire/2023/07/31/calling-all-brawlers-spin-master-presents-an-all-new-generation-bakugan-premiering-netflix-september-1-disney-xd-september-23/ |
MIAMI, July 31, 2023 /PRNewswire/ -- Carnival Corporation & plc (NYSE/LSE: CCL; NYSE: CUK) today announced that Carnival Corporation (the "Company") intends to commence the marketing of a new senior secured first lien term loan B facility (the "New First Lien Term Loan") with an original principal amount of $1.0 billion, expected to mature in 2027. In conjunction with the New First Lien Term Loan, and subject to market and other conditions, the Company may raise $500 million of other secured debt maturing in 2029 (together with the New First Lien Term Loan, the "Refinancing Transactions"). The Company intends to use the proceeds from the Refinancing Transactions to repay a portion of the borrowings under the Company's existing first-priority senior secured term loan facility maturing in 2025.
After the closing of the Refinancing Transactions, the Company intends to redeem all of the Company's 10.500% second-priority senior secured notes due 2026 and 10.125% second-priority senior secured notes due 2026 (collectively, the "2026 Notes"), saving over $120 million in interest expense on an annualized basis. The $1.2 billion of redemptions will be conditioned on the closing of the Refinancing Transactions. The Company expects to use cash on hand to finance the redemptions. This press release does not constitute a notice of redemption with respect to the 2026 Notes.
The Company's Chief Financial Officer David Bernstein commented: "Given the confidence we have in our business and its cash flow generation, we plan to retire $1.2 billion of our highest cost debt. In connection with this retirement, we plan to extend some of the lowest cost public debt in our portfolio. This is yet another step forward in our deleveraging journey, building on the $1.4 billion we already early retired this year. With this debt repayment, we now expect our year end debt balance to be less than $32.0 billion, an improvement over the November 30, 2023 debt balance of less than $33.0 billion provided in our June guidance."
This press release shall not constitute an offer to sell or the solicitation of an offer to purchase any security and shall not constitute an offer, solicitation or sale in any state or jurisdiction in which such offering, solicitation or sale would be unlawful.
About Carnival Corporation & plc
Carnival Corporation & plc is the largest global cruise company, and among the largest leisure travel companies, with a portfolio of world-class leading cruise lines - AIDA Cruises, Carnival Cruise Line, Costa Cruises, Cunard, Holland America Line, P&O Cruises (Australia), P&O Cruises (UK), Princess Cruises and Seabourn.
Cautionary Note Concerning Forward-Looking Statements
Carnival Corporation and Carnival plc and their respective subsidiaries are referred to collectively in this press release, as "Carnival Corporation & plc," "our," "us" and "we." Some of the statements, estimates or projections contained in this press release are "forward-looking statements" that involve risks, uncertainties and assumptions with respect to us, including some statements concerning the refinancing transactions described herein, future results, operations, outlooks, plans, goals, reputation, cash flows, liquidity and other events which have not yet occurred. These statements are intended to qualify for the safe harbors from liability provided by Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical facts are statements that could be deemed forward-looking. These statements are based on current expectations, estimates, forecasts and projections about our business and the industry in which we operate and the beliefs and assumptions of our management. We have tried, whenever possible, to identify these statements by using words like "will," "may," "could," "should," "would," "believe," "depends," "expect," "goal," "aspiration," "anticipate," "forecast," "project," "future," "intend," "plan," "estimate," "target," "indicate," "outlook," and similar expressions of future intent or the negative of such terms.
Forward-looking statements include those statements that relate to our outlook and financial position including, but not limited to, statements regarding:
Because forward-looking statements involve risks and uncertainties, there are many factors that could cause our actual results, performance or achievements to differ materially from those expressed or implied by our forward-looking statements. This note contains important cautionary statements of the known factors that we consider could materially affect the accuracy of our forward-looking statements and adversely affect our business, results of operations and financial position. Additionally, many of these risks and uncertainties are currently, and in the future may continue to be, amplified by our substantial debt balance as a result of the pause of our guest cruise operations. There may be additional risks that we consider immaterial or which are unknown. These factors include, but are not limited to, the following:
- events and conditions around the world, including war and other military actions, such as the invasion of Ukraine, inflation, higher fuel prices, higher interest rates and other general concerns impacting the ability or desire of people to travel have led, and may in the future lead, to a decline in demand for cruises, impacting our operating costs and profitability;
- pandemics have in the past and may in the future have a significant negative impact on our financial condition and operations;
- incidents concerning our ships, guests or the cruise industry have in the past and may, in the future, negatively impact the satisfaction of our guests and crew and lead to reputational damage;
- changes in and non-compliance with laws and regulations under which we operate, such as those relating to health, environment, safety and security, data privacy and protection, anti-corruption, economic sanctions, trade protection, labor and employment and tax have in the past and may, in the future, lead to litigation, enforcement actions, fines, penalties and reputational damage;
- factors associated with climate change, including evolving and increasing regulations, increasing global concern about climate change and the shift in climate conscious consumerism and stakeholder scrutiny, and increasing frequency and/or severity of adverse weather conditions could adversely affect our business;
- inability to meet or achieve our sustainability related goals, aspirations, initiatives, and our public statements and disclosures regarding them, may expose us to risks that may adversely impact our business;
- breaches in data security and lapses in data privacy as well as disruptions and other damages to our principal offices, information technology operations and system networks and failure to keep pace with developments in technology may adversely impact our business operations, the satisfaction of our guests and crew and may lead to reputational damage;
- the loss of key team members, our inability to recruit or retain qualified shoreside and shipboard team members and increased labor costs could have an adverse effect on our business and results of operations;
- increases in fuel prices, changes in the types of fuel consumed and availability of fuel supply may adversely impact our scheduled itineraries and costs;
- we rely on supply chain vendors who are integral to the operations of our businesses. These vendors and service providers may be unable to deliver on their commitments, which could negatively impact our business;
- fluctuations in foreign currency exchange rates may adversely impact our financial results;
- overcapacity and competition in the cruise and land-based vacation industry may negatively impact our cruise sales, pricing and destination options;
- inability to implement our shipbuilding programs and ship repairs, maintenance and refurbishments may adversely impact our business operations and the satisfaction of our guests;
- Failure to successfully implement our business strategy following our resumption of guest cruise operations would negatively impact the occupancy levels and pricing of our cruises and could have a material adverse effect on our business. We require a significant amount of cash to service our debt and sustain our operations. Our ability to generate cash depends on many factors, including those beyond our control, and we may not be able to generate cash required to service our debt and sustain our operations; and,
- the risk factors included in Carnival Corporation's and Carnival plc's Annual Report on Form 10-K filed with the SEC on January 27, 2023 and Carnival Corporation's and Carnival plc's Quarterly Reports on Form 10-Q filed with the SEC on March 29, 2023 and June 28, 2023.
The ordering of the risk factors set forth above is not intended to reflect our indication of priority or likelihood.
Forward-looking statements should not be relied upon as a prediction of actual results. Subject to any continuing obligations under applicable law or any relevant stock exchange rules, we expressly disclaim any obligation to disseminate, after the date of this document, any updates or revisions to any such forward-looking statements to reflect any change in expectations or events, conditions or circumstances on which any such statements are based.
Forward-looking and other statements in this document may also address our sustainability progress, plans and goals (including climate change and environmental-related matters). In addition, historical, current and forward-looking sustainability- and climate-related statements may be based on standards and tools for measuring progress that are still developing, internal controls and processes that continue to evolve, and assumptions and predictions that are subject to change in the future and may not be generally shared.
SOURCE Carnival Corporation & plc
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SOURCE Carnival Corporation & plc | https://www.wistv.com/prnewswire/2023/07/31/carnival-corporation-amp-plc-announces-anticipated-debt-pre-payment-12b-refinancing-transaction/ | 2023-07-31T13:16:37 | 1 | https://www.wistv.com/prnewswire/2023/07/31/carnival-corporation-amp-plc-announces-anticipated-debt-pre-payment-12b-refinancing-transaction/ |
LOS ANGELES, July 31, 2023 /PRNewswire/ -- Causal IQ, a leading programmatic solutions provider, today announced a strategic partnership with Quorum, the leading provider of real-time location data in digital media. The alliance is designed to enhance Causal IQ's travel profiles by complementing the offering with always-on, real-time location data.
This new capability will significantly enhance targeting, optimization, attribution, and analytics for travel marketers. It empowers them to leverage location history and analytics on Causal IQ's already robust 280MM US user profiles, enabling a nuanced and effective engagement strategy based on the past and predicted future locations of their users.
The innovative collaboration introduces an array of built-in features for advertisers. These include closed loop reporting for destinations that provide insights into downstream visitation activity, attraction visitation attribution, hotel stay activity, and more. The integration also equips marketers with a deeper understanding of their converting audience, enabling them to decipher what truly drives visitors to their key destinations and leverage that data for campaign optimization in real time.
Furthermore, Causal IQ's Custom Audience Solutions will now offer refined user profiling in categories such as intent, brand affinities, affluence, and travel preferences. Whether they are luxury seekers, family fun enthusiasts, foodies, or adventurers, this feature ensures that every traveler's unique tastes and aspirations are catered to in each interaction, from browsing to booking.
"The partnership between Causal IQ and Quorum is transformative for the travel space," said Jennifer Laing, VP of Operations at Causal IQ. "We are bringing unprecedented capabilities in audience identification, engagement, and attribution. The integration introduces millions of new actionable attributes to our Multivariate Performance Solution, offering a truly unparalleled resource for travel marketers."
"The partnership between Causal IQ and Quorum is a powerful convergence of cutting-edge technologies," said Ezra Doty, CEO of Quorum, Inc. "With Quorum's unrivaled location data, marketers now have the ability to truly maximize potential in driving advertising performance with Causal IQ. Together, our combined forces propel campaigns to new heights, forging a path where data-driven targeting meets visibility to real world destination visits, allowing travel brands to connect with their audiences like never before. We are thrilled to partner with Causal IQ and bring the best of both worlds together."
Causal IQ is excited to leverage this partnership to continue innovating in the travel industry, offering increasingly personalized and effective solutions for clients and consumers alike.
About Causal IQ
Causal IQ is a leading programmatic solutions provider built on the expertise of the best digital marketers in the industry. We partner with the world's leading brands, agencies and advocacy groups to drive success through dynamic digital advertising campaigns. By leveraging unique data points and optimization methodology, Causal IQ brings a human approach to data science and campaign activation.
To learn more, visit causaliQ.com
About Quorum, Inc.
Quorum is a leading provider of real-time location data, offering robust solutions that empower businesses to understand and interact with their audiences in innovative ways. With a focus on reliability and precision, Quorum is the go-to partner for companies seeking to leverage location data to enhance their marketing efforts.
Contact:
Sayed Hirmand
Sr. Manager, Marketing & Communications
Causal IQ
818.554.0001
shirmand@causaliQ.com
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SOURCE Causal IQ | https://www.wistv.com/prnewswire/2023/07/31/causal-iq-quorum-partner-optimize-consumer-travel-profiles-with-real-time-location-data/ | 2023-07-31T13:16:51 | 1 | https://www.wistv.com/prnewswire/2023/07/31/causal-iq-quorum-partner-optimize-consumer-travel-profiles-with-real-time-location-data/ |
Biden goes west to talk about his administration’s efforts to combat climate change
WASHINGTON (AP) — President Joe Biden will travel to Arizona, New Mexico and Utah next week and is expected to talk about his administration’s efforts to combat climate change as the region endures a brutally hot summer with soaring temperatures, the White House said Monday.
Biden is expected to discuss the Inflation Reduction Act, America’s most significant response to climate change, and the push toward more clean energy manufacturing. The act aims to spur clean energy on a scale that will bend the arc of U.S. greenhouse gas emissions.
July has been the hottest month ever recorded. Biden last week announced new steps to protect workers in extreme heat, including measures to improve weather forecasts and make drinking water more accessible.
Members of Biden’s administration also are fanning out over the next few weeks around the anniversary of the landmark climate change and health care legislation to extol the administration’s successes as the Democratic president seeks reelection in 2024.
Vice President Kamala Harris heads to Wisconsin this week with Commerce Secretary Gina Raimondo to talk about broadband infrastructure investments. Secretary of Agriculture Tom Vilsack goes to Oregon to highlight wildfire defense grants, Transportation Secretary Pete Buttigieg will go to Illinois and Texas, and Secretary of Education Miguel Cardona heads to Maryland to talk about career and technical education programs.
The Inflation Reduction Act included roughly $375 billion over a decade to combat climate change and capped the cost of a month’s supply of insulin at $35 for older Americans and other Medicare beneficiaries. It also helps an estimated 13 million Americans pay for health care insurance by extending subsidies provided during the coronavirus pandemic.
The measure is paid for by new taxes on large companies and stepped-up IRS enforcement of wealthy individuals and entities, with additional funds going to reduce the federal deficit.
Copyright 2023 The Associated Press. All rights reserved. | https://www.kmvt.com/2023/07/31/biden-goes-west-talk-about-his-administrations-efforts-combat-climate-change/ | 2023-07-31T13:16:56 | 1 | https://www.kmvt.com/2023/07/31/biden-goes-west-talk-about-his-administrations-efforts-combat-climate-change/ |
Executives and politicians across the world worry about the havoc that next-generation artificial intelligence will wreak on industries from finance to health care. For the $200 billion games sector, the revolution has already begun.
From San Francisco to Tokyo and Hong Kong, the plethora of companies that power the digital entertainment sphere are responding to decades of escalating costs and stagnant prices by feverishly adopting and developing new AI tools. Hundreds of thousands of jobs are on the line. Yet company leaders and studio chiefs told Bloomberg News that the changes, while inevitable and painful, can empower smaller studios, boost creativity and ultimately benefit gamers around the world.
The head of one major Japanese studio is preparing for a future where half his company’s programmers and designers will be unnecessary within five years. At Hong Kong-listed Gala Sports, executives have mothballed non-AI research projects, forced department heads to study machine learning and offered bounties of as much as $7,000 for novel AI ideas. They worry they might already be late.
“Basically every week, we feel that we are going to be eliminated,” Jia Xiaodong, 36, CEO of Gala Technology Holding Ltd., told Bloomberg News. “The impact of AI on the game industry in the past three to four months may be as dramatic as the changes in the past 30 or 40 years.”
The video game industry is among the first to feel the full brunt of AI because it’s largely digital — encoded in an AI-readable language and created by software engineers well prepared to use, adapt and improve new computing tools. Before OpenAI took the world by storm with ChatGPT in November, it used Valve’s Dota 2 as a proving ground for its bots.
The advent of AI offers the industry a rare chance to overhaul a business model that in some cases has grown bloated and formulaic — not dissimilar to criticisms directed at risk-averse Hollywood today. Game production costs have spiraled upward faster than sales, with recent blockbusters The Last of Us Part II and Horizon Forbidden West reportedly costing Sony more than $200 million each and requiring years of work from hundreds of staff. The investment of money and time for such projects can be sliced in half by AI, according to UBS Securities analyst Kenji Fukuyama.
“Nothing can reverse, stop, or slow the current AI trend,” said Masaaki Fukuda, who helped build PlayStation Network while at Sony. Now a vice president at Japan’s largest AI startup, Preferred Networks, Fukuda sees a tidal wave of change in how digital content is created, and his company has gotten involved with an anime creator named Crypko.
Character illustrations that typically cost upward of 100,000 yen ($720) each to outsource can be obtained from Crypko for a flat monthly fee of 4,980 yen and a commercial license of 980 yen per image. It still needs human artists to finish the AI’s work, but the company is improving the tool daily and should be able to solve most imperfections within a few years, Fukuda said.
The scale of demand for such content has ballooned over the years, with mobile games that used to cost around 40 million yen to produce 15 years ago now requiring a minimum of 500 million yen, mostly because of graphics, according to former Touken Ranbu producer Yuta Hanazawa.
For the 25-year industry veteran, the new tech was compelling enough to start a new company, AI Works, to sell machine-drawn game illustrations. Like Crypko, it needs a human hand to finalize the product but is much faster and cheaper than hiring an artist. The company has already provided art for several unannounced projects, charging half the usual industry price, he said.
“AI is the game changer I’ve been waiting for,” Hanazawa said. By freeing developers from the burden of mass-producing graphics, it promises to revitalize the entire industry. “Publishers will be able to take more risks, creators can become creative again, and users as a result can choose from a much wider variety of games.”
AI is also becoming a powerful in-house tool. Gala Sports used publicly available AI services — image generators Stable Diffusion and Midjourney — to build internal toolkits for rendering realistic 3D head models, slashing the cost of a task that previously would take two weeks and as much as 200,000 yuan ($28,000) when outsourced. Now it takes only half a day’s labor. The company has a team dedicated to building further tools to help with coding, design and even customer service.
The downside to all this automation is a corresponding loss of jobs. Industry executives, declining to speak publicly on the matter, expect swaths of workers to lose their jobs as they know them. “AI might eventually wipe out entire job categories in gaming such as quality control, debugging, customer support or translation,” said industry analyst Serkan Toto.
That future was put on display this month when Tokyo-based Morikatron showed off an entire game made by AI. Murder mystery simulator Red Ram uses Stable Diffusion and ChatGPT to generate its content based on a player’s prompts. “This is a game that would be impossible to develop without AI’s power, because you’d need an infinite amount of art and text assets,” company founder Yukihito Morikawa said. Four engineers took three months to assemble it.
Tsubasa Himeno, a voice actor with many game credits to her name, said the new technology will make it more difficult for young people to get a start in the business. “AI is a pure threat,” she said.
Jiro Ishii, known for creating the live-action novel 428: Shibuya Scramble, in a decade or two expects everyone will be able to create their own games. That’s a threat to the “freemium” model adopted by the likes of Dota 2 and Epic’s Fortnite, which are free to play but charge for in-game cosmetics and extras.
Most see opportunity. Yosuke Shiokawa has operated on both ends of the spectrum, as a former producer of Sony’s hit smartphone game Fate/Grand Order as well as founder of 2-year-old Fahrenheit 213 Inc. He started dabbling with AI creation for a video trailer before using it as an aid to create in-game objects and backgrounds, adding extras his four-person team previously wouldn’t have thought to try due to limited resources.
“Soon, it will be a matter of your creativity, not your budget, that determines the value of games,” Shiokawa said.
–With assistance from Yuki Furukawa and Mayumi Negishi. | https://www.seattletimes.com/business/ai-is-rewriting-the-rules-of-200-billion-games-industry/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all | 2023-07-31T13:16:56 | 1 | https://www.seattletimes.com/business/ai-is-rewriting-the-rules-of-200-billion-games-industry/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all |
Biden goes west to talk about his administration’s efforts to combat climate change
WASHINGTON (AP) — President Joe Biden will travel to Arizona, New Mexico and Utah next week and is expected to talk about his administration’s efforts to combat climate change as the region endures a brutally hot summer with soaring temperatures, the White House said Monday.
Biden is expected to discuss the Inflation Reduction Act, America’s most significant response to climate change, and the push toward more clean energy manufacturing. The act aims to spur clean energy on a scale that will bend the arc of U.S. greenhouse gas emissions.
July has been the hottest month ever recorded. Biden last week announced new steps to protect workers in extreme heat, including measures to improve weather forecasts and make drinking water more accessible.
Members of Biden’s administration also are fanning out over the next few weeks around the anniversary of the landmark climate change and health care legislation to extol the administration’s successes as the Democratic president seeks reelection in 2024.
Vice President Kamala Harris heads to Wisconsin this week with Commerce Secretary Gina Raimondo to talk about broadband infrastructure investments. Secretary of Agriculture Tom Vilsack goes to Oregon to highlight wildfire defense grants, Transportation Secretary Pete Buttigieg will go to Illinois and Texas, and Secretary of Education Miguel Cardona heads to Maryland to talk about career and technical education programs.
The Inflation Reduction Act included roughly $375 billion over a decade to combat climate change and capped the cost of a month’s supply of insulin at $35 for older Americans and other Medicare beneficiaries. It also helps an estimated 13 million Americans pay for health care insurance by extending subsidies provided during the coronavirus pandemic.
The measure is paid for by new taxes on large companies and stepped-up IRS enforcement of wealthy individuals and entities, with additional funds going to reduce the federal deficit.
Copyright 2023 The Associated Press. All rights reserved. | https://www.wsaz.com/2023/07/31/biden-goes-west-talk-about-his-administrations-efforts-combat-climate-change/ | 2023-07-31T13:16:56 | 1 | https://www.wsaz.com/2023/07/31/biden-goes-west-talk-about-his-administrations-efforts-combat-climate-change/ |
NORWOOD, Mass., July 31, 2023 /PRNewswire/ -- Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) ("Corbus" or the "Company"), a precision oncology company, today announced that Yuval Cohen, Ph.D., Chief Executive Officer of Corbus, will participate in a fireside chat and one-on-one investor meetings at the BTIG Virtual Biotechnology Conference, to be held August 7-8, 2023.
BTIG Virtual Biotechnology Conference
Format: Fireside chat and one-on-one investor meetings
Fireside Chat Date: Tuesday, August 8, 2023
Fireside Chat Time: 9:00 a.m. ET
To register for the conference, contact your BTIG sales representative.
About Corbus
Corbus Pharmaceuticals Holdings, Inc. (the "Company" or "Corbus") is a precision oncology company committed to helping people defeat serious illness by bringing innovative scientific approaches to well understood biological pathways. Corbus' internal development pipeline includes CRB-701, a next generation antibody drug conjugate (ADC) that targets the expression of Nectin-4 on cancer cells to release a cytotoxic payload and CRB-601, an anti-integrin monoclonal antibody which blocks the activation of TGFβ expressed on cancer cells. Corbus is headquartered in Norwood, Massachusetts. For more information on Corbus, visit corbuspharma.com. Connect with us on Twitter, LinkedIn and Facebook.
Forward-Looking Statements
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the Company's restructuring, trial results, product development, clinical and regulatory timelines, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities and other statement that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management's current beliefs and assumptions.
These statements may be identified by the use of forward-looking expressions, including, but not limited to, "expect," "anticipate," "intend," "plan," "believe," "estimate," "potential," "predict," "project," "should," "would" and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors on our operations, clinical development plans and timelines, which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company's filings with the Securities and Exchange Commission. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
INVESTOR CONTACT:
Sean Moran
Chief Financial Officer
Corbus Pharmaceuticals
Sean.moran@corbuspharma.com
Bruce Mackle Managing Director
LifeSci Advisors, LLC
bmackle@lifesciadvisors.com
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SOURCE Corbus Pharmaceuticals | https://www.wistv.com/prnewswire/2023/07/31/corbus-pharmaceuticals-present-btig-virtual-biotechnology-conference/ | 2023-07-31T13:16:57 | 0 | https://www.wistv.com/prnewswire/2023/07/31/corbus-pharmaceuticals-present-btig-virtual-biotechnology-conference/ |
WASHINGTON (AP) — For more than a year, the U.S. economy has defied predictions of a forthcoming recession. It has withstood 10 interest rate hikes in 16 months from an inflation-fighting Federal Reserve. In June, America’s employers added a healthy 209,000 jobs.
Will the economy remain resilient? Can the Fed achieve a notoriously difficult “soft landing” — slowing growth just enough to tame inflation without causing a recession?
The Associated Press spoke recently with Gus Faucher, chief economist at PNC Financial Services Group. The conversation has been edited for length and clarity.
Q: The job market is cooling but remains strong. Does that suggest a soft landing?
A: What we have seen in the job market so far in 2023 is consistent with a soft landing. Over the past three months, we’ve added 244,000 jobs per month. That’s still too high from the Fed’s perspective but much better than what we had at the end of last year. Although it’s consistent with a soft landing, it’s also consistent with a story where job growth continues to slow, the economy continues to weaken and we get a recession at the end of 2023. We don’t know what the outcome will be. It’s more likely than not that we get a recession.
Q: When would a downturn begin?
A: A few months ago, we were seeing it starting in the second half of 2023. Now we’re seeing late 2023 or early 2024. The labor market is still holding up. Consumers are still in decent shape. But I do think we will continue to feel the impact of the Fed’s monetary tightening. By the end of this year or sometime early next year, those higher rates will be a significant drag on economic activity and lead to recession. But the economy has held up somewhat better than we were expecting.
The economy just can’t continue to add this many jobs per month. We just don’t have the labor force out there.
Q: Where is inflation headed?
A: We will see slowing inflation. If you go back to 2021, 2022, a lot of that inflation was coming on the goods side. Now, the inflation is coming on the services side. Services inflation tends to be stickier, and it tends to be more driven by what’s going on in the labor market. So the tight labor market is contributing to high services inflation. That will contribute to inflation remaining higher than the Fed would like in the near term. By the end of this year, early next year, we will see a significant softening in the labor market that will help bring inflation down to the Fed’s 2% target.
Q: Will the job market continue to favor workers over the longer term?
A: We have seen structural changes. The pandemic pushed forward a lot of retirements. You had people who were close to retirement in 2020 and planning on working a few more years. But when the pandemic came along, they decided to retire. The remaining workers have more bargaining power. Businesses are going to need to rethink a lot of things about pay, about benefits, about workplace flexibility. | https://www.seattletimes.com/business/insider-qa-an-economist-who-sees-a-recession-coming-despite-economys-resilience-so-far/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all | 2023-07-31T13:17:03 | 1 | https://www.seattletimes.com/business/insider-qa-an-economist-who-sees-a-recession-coming-despite-economys-resilience-so-far/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all |
Lawncare tips with Brown Landscape Management
Published: Jul. 31, 2023 at 9:01 AM EDT|Updated: 14 minutes ago
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X, formerly known as Twitter, has reinstated Kanye West's account on the social media platform. West will not be able to monetize his account, and no ads will appear next to his posts, the company told the Wall Street Journal on Saturday.
The musician's account was suspended in December for violating the platform's rules on inciting violence. The suspension followed multiple antisemitic comments made by West - who has legally changed his name to Ye - including a threat to "Go death con 3 on JEWISH PEOPLE." Those statements led to a swift disintegration of multiple business deals, including partnerships with Adidas and luxury fashion house Balenciaga.
Although CNN at the time was unable to determine which tweet had been the final straw, the day before his suspension West tweeted an altered image of the Star of David with a swastika inside.
Twitter has long been embroiled in questions surrounding moderation, with the platform's CEO Elon Musk describing himself as a "free speech absolutist." After agreeing to buy the company last October, he said Twitter would "be very reluctant to delete things" and "be very cautious with permanent bans."
But after West was suspended, Musk tweeted "I tried my best. Despite that, he again violated our rule against incitement to violence."
In April, Twitter's safety team launched a new content enforcement strategy called "Freedom of Speech, Not Reach," which focused on "restricting the reach of Tweets that violate our policies by making the content less discoverable."
This approach, in part, requires the team to "proactively prevent ads from appearing adjacent to content" labeled as violative.
In an update earlier this month, the safety team reported that these labeled tweets "receive 81% less reach or impressions" than non-restricted ones, and that "more than 99.99% of Tweet impressions are from ... content that does not violate our rules."
Twitter's Violent Speech Policy prohibits inciting and glorifying violence, wishing harm on other people, and threatening others. But it makes some exceptions, including for "figures of speech, satire, or artistic expression when the context is expressing a viewpoint rather than instigating actionable violence or harm."
"We make sure to evaluate and understand the context behind the conversation before taking action," the policy states, adding that if a user believes their account was wrongfully suspended, they can submit an appeal.
It's not clear whether West submitted an appeal, or if something else prompted his account's reactivation. The musician has yet to post on the platform. CNN has reached out to Twitter and a representative for West but has not received a response.
CNN contributed to this report. | https://abc11.com/kanye-west-x-twitter-elon-musk/13576627/ | 2023-07-31T13:17:04 | 0 | https://abc11.com/kanye-west-x-twitter-elon-musk/13576627/ |
The report highlights emerging trends that will significantly impact the financial services industry over the next decade
NEW YORK, July 31, 2023 /PRNewswire/ -- Deloitte today announced its "2023 Financial Services Industry Predictions" report, which outlines emerging trends across the banking & capital markets, insurance, real estate, and investment management sectors. The report highlights the impact of data and emerging technologies, products and services, and climate change on the future of financial services – and as a result, on society and the economy.
"The reality is that emerging technological changes could be more pervasive and impactful going forward in ways that can be scarcely imagined today," said Jim Eckenrode, managing director, Deloitte Center for Financial Services. Deloitte Services LP. "Financial services will likely play an important role in helping these breakthroughs emerge to the benefit of us all, while simultaneously opening up new avenues of revenue and profit."
Some of Deloitte's predictions for the financial services industry over the next decade:
Generative AI is expected to boost productivity: Generative AI is expected to have a significant impact on the investment banking industry and the financial services industry as a whole, as organizations explore ways to harness the power of the technology to improve productivity. Deloitte predicts the top 14 global investment banks could boost their front-office productivity by an average of 25% by using Generative AI (GAI), thereby earning potentially an additional revenue of $3 million per front-office employee in 2026, from an average of $11.3 million during 2020-22.
Demand for carbon credit offset financing: Deloitte predicts that global consumers will purchase $115 billion of carbon offsets a year by 2030. Carbon credits will likely be embedded in many of the purchasing decisions that consumers make in their day-to-day lives. The surge in demand for these credits could produce new trading networks that offer tailored, localized and niche options for climate change mitigation projects. Banks could be instrumental in developing and supporting the back-end infrastructure that connect brands' payment processes to the carbon credit market. And banks can play an instrumental role in developing and supporting the carbon credit market.
Insurers prepare for driverless vehicles: Deloitte estimates advancements in self-driving technology may eliminate the need for around 380,000 long-haul truck drivers in the next five years. This alone would have a major impact on workers' compensation insurers, with a potential loss of around $3 billion worth of premiums. But widespread adoption of autonomous vehicles could also result in a shift in premiums across multiple insurance lines, including commercial auto, product and professional liability, and cyber coverage.
Office space to fill the affordable housing gap: Deloitte predicts office-to-residential conversions could become profitable within the next five years, estimating that around 14,700 affordable units in central business districts across the country can be added by 2030, assuming approximately 20% of converted square footage can be earmarked for affordable housing.
"As financial services firms grapple with what's on the horizon, they need to think about how the landscape is radically shifting," said Monica O'Reilly, Vice Chair, US Financial Services Industry Leader, Deloitte & Touche LLP. "Market and economic pressures, emerging technologies, and new revenue opportunities will impact tomorrow's business strategies, and financial services firms should prepare for that now."
Additional trends included in the report that are expected to shape the financial services industry:
Democratization of financial advice: Financial advice shouldn't just be for the wealthy anymore — and it doesn't have to be. Financial firms can leverage robo-advisory platforms to bring much-needed financial advice to the global mass market and make it profitable. Deloitte estimates net financial wealth held by the mass retail population segment globally to almost double to $22 trillion by 2030.
Synthetic identity fraud could trigger need for more sophisticated biometric security systems: Synthetic identity fraud—a hoax in which cybercriminals create new identities with some stolen or fabricated data — is the fastest growing financial crime in the United States,i and it shows no sign of abating. Deloitte expects it to generate at least $25 billion in losses by 2030, prompting banks to develop more advanced biometric security systems to weed out would-be perpetrators.
Higher deposit costs expected to challenge banks: Deloitte predicts the average cost of interest-bearing deposits for the U.S. banking industry in 2024 and 2025 to remain elevated at 1.7% and 1.5%, respectively, even as the fed funds rate declines from the recent peak. This may crimp bank profitability in the medium term.
Real-time B2B payments could take off: Deloitte expects real-time payments could tap an addressable market of $12 trillion in check-based business-to-business (B2B) transaction volume globally by 2028. Banks and payment firms could play a pivotal role in helping usher in a new era of more efficient and instant domestic and cross-border value exchange among businesses.
Rise of embedded insurance: Embedded finance, and particularly embedded insurance, is expected to continue to expand. Execution may not be easy for insurers, though, and it could take the rest of the decade for embedded finance to fully shake out.
Increased spending on quantum computing: Spending on quantum-related capabilities will likely grow quickly over the next few years as indicated by the increased capital investments and patent filings for the hardware technology. Globally, the financial services industry's spending on quantum computing capabilities is expected to grow 233x from just US$80 million in 2022 to US$19 billion in 2032, growing at a 10-year CAGR of 72%.
Alternative data in investment management: Deloitte estimates the revenue for alternative data providers, earned from all industries globally with the majority coming from investment management firms, to grow 29x between 2022 and 2030. The new data largely consist of novel types and forms of data such as satellite images, social media posts, geolocation data, credit card transactions, and mobile application data that are starkly different from the traditionally structured financial data.
Funding for climate hardtech: An additional US$2 trillion in private hardtech investment is predicted to be needed to help effectively slow global warming. Most of total climate funding will likely need to come from the private sector — but so far, there isn't enough. Financial services organizations can play a lead role in bridging the funding gap.
About Deloitte
Deloitte provides industry-leading audit, consulting, tax and advisory services to many of the world's most admired brands, including nearly 90% of the Fortune 500® and more than 7,000 private companies. Our people come together for the greater good and work across the industry sectors that drive and shape today's marketplace — delivering measurable and lasting results that help reinforce public trust in our capital markets, inspire clients to see challenges as opportunities to transform and thrive, and help lead the way toward a stronger economy and a healthier society. Deloitte is proud to be part of the largest global professional services network serving our clients in the markets that are most important to them. Building on more than 175 years of service, our network of member firms spans more than 150 countries and territories. Learn how Deloitte's more than 415,000 people worldwide connect for impact at www.deloitte.com.
Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee ("DTTL"), its network of member firms, and their related entities. DTTL and each of its member firms are legally separate and independent entities. DTTL (also referred to as "Deloitte Global") does not provide services to clients. In the United States, Deloitte refers to one or more of the US member firms of DTTL, their related entities that operate using the "Deloitte" name in the United States and their respective affiliates. Certain services may not be available to attest clients under the rules and regulations of public accounting. Please see www.deloitte.com/about to learn more about our global network of member firms.
iFedPayments Improvement, "Synthetic identity fraud," accessed June 8, 2023.
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The House and Senate left Washington for the month of August with a lengthy, time-sensitive to-do list waiting when they return, including multiple key health care priorities.
There will only be three weeks before the end of the fiscal year to get everything done, and just 11 legislative days when both chambers will be in session at the same time.
Congress faces a Sept. 30 deadline to reauthorize a sweeping pandemic preparedness bill, fund community health centers and renew opioid addiction services.
But the largest looming deadline is the appropriations bills to fund the Food and Drug Administration (FDA) and the Department of Health and Human Services (HHS), which are tied up in the House amid disagreements over abortion and spending levels.
GOP leaders scuttled a vote planned for Friday on legislation funding the FDA and the Department of Agriculture after moderate Republicans objected to a provision that would reverse the FDA’s decision to allow the abortion pill mifepristone drug to be dispensed through the mail and in retail pharmacies.
House Freedom Caucus members have also been demanding even deeper spending cuts than agreed to in the bipartistan debt ceiling deal.
The Labor-HHS bill advanced through a House Appropriations subcommittee earlier this month, but hadn’t even made it to the full committee before recess. The Republican-led House bill would slash or eliminate funding from a range of programs that deal with everything from family planning to teen pregnancy and even HIV.
Both FDA and HHS funding bills face a major fight in the Democratic-controlled Senate, where the Appropriations Committee has already passed its own version by near unanimous margins, owing to an agreement by Democratic and Republican leaders not to insert “poison pill” amendments.
House Democratic Whip Katherine Clark (Mass.) argued in a floor speech that lawmakers should stay in Washington to strip out the “toxic, divisive, bigoted riders” in the bills, and ripped Republicans for delaying votes until September.
Pandemic preparedness
The House and Senate are taking different tracks in the reauthorization of the pandemic preparedness bill, complicating its path forward.
The Senate advanced a bipartisan version of the Pandemic All-Hazards Preparedness Act out of committee, but the House is divided. House Energy and Commerce Committee Republicans advanced a bill on party lines after Democrats introduced their own version.
The primary disagreement is over drug shortages. Democrats are clamoring to give FDA more oversight authority to address the shortages, but Republicans are insisting on keeping the issues separate.
The Senate version contains some provisions addressing drug shortages, but only one involves beefing up FDA authority.
Congress is under pressure to stem drug shortages amid reports of doctors rationing cancer drugs and other medicine. Republicans on the Energy and Commerce Committee have said they are committed to dealing with the problems, but that it shouldn’t be part of the preparedness bill.
Energy and Commerce Committee GOP leaders released a discussion draft on Friday of drug shortage legislation focusing on the economic reasons for shortages, including giving some generic drug manufacturers the ability to raise the cost of their drugs if hospitals keep prices “artificially low” to the point where there’s no economic incentive.
Health centers
Legislation to reauthorize funding for community health centers also faces partisan challenges. But in this case, the House cleared its bill on a bipartisan basis, while the Senate is still working through disagreements, highlighting the work to be done.
Sen. Bernie Sanders (I-Vt.), chair of the Senate Health, Education, Labor and Pensions (HELP) Committee, originally wanted tens of billions of dollars more for the centers. He was asking for $130 billion to fund the centers over the next five years as well as $60 billion to help grow the health care workforce.
But Sanders ended up canceling a planned markup during the last week of July. Raising some eyebrows, Sanders said he is working with Sen. Roger Marshall (R-Kan.) to craft a bipartisan bill that will be “ready by the first week of September.”
Separately, Sanders and Senate Finance Committee Chairman Ron Wyden (D-Ore.) issued a joint statement pledging to partner and work towards legislation in the fall aimed at addressing primary care and other health care workforce shortages.
Opioids
At issue are several provisions of sweeping legislation signed into law in 2018 called the Support Act, which aimed to tackle the country’s drug overdose epidemic.
The House Energy and Commerce Committee advanced a bipartisan reauthorization and expansion bill, but advocates are concerned the Senate is behind.
HELP Committee ranking member Bill Cassidy (R-La.) introduced his own version of the bill on July 20, but hearings won’t be scheduled until September. Cassidy has warned that the committee is wasting time on partisan bills instead of easy bipartisan wins, such as the Support Act.
Insulin/PBM reform
Senate Majority Leader Chuck Schumer (D-N.Y.) has said for months that he wants to move legislation that would cap the cost of insulin at $35 per month for people with private insurance.
There’s hope to combine it with legislation reforming the pharmacy benefit manager (PBM) industry into a package that could get bipartisan support.
But there’s no looming deadline and no guarantee it will get taken up in September.
Sen. Jeanne Shaheen (D-N.H.), who is a co-sponsor of one of the insulin bills with Sen. Susan Collins (R-Maine), said she still has Schumer’s support heading into the fall, but has not heard anything about timing.
Multiple committees have advanced PBM reform bills in both the House and Senate, so they will all need to be combined into one floor-friendly package. | https://www.cbs42.com/hill-politics/lawmakers-set-to-face-ticking-clock-on-health-care-priorities/ | 2023-07-31T13:17:09 | 0 | https://www.cbs42.com/hill-politics/lawmakers-set-to-face-ticking-clock-on-health-care-priorities/ |
EEIQ is Committed to Student Success at Davis College and EduGlobal College,
its Two Owned and Operated Colleges
MIDDLETOWN, Ohio, July 31, 2023 /PRNewswire/ -- EpicQuest Education Group International Limited (NASDAQ: EEIQ), ("EpicQuest Education", "EEIQ" or the "Company"), a provider of comprehensive education solutions for domestic and international students seeking college and university degrees in the US, Canada and the UK, today announced that on July 19, 2023, Davis College and Northeastern University signed an Articulation Agreement (the "Agreement") whereby upon admission, Davis College students can transfer credits earned at Davis College to Northeastern University's College of Professional Studies Bachelor of Science programs.
"Our agreement with Northeastern University offers our students a pathway for achieving Bachelor of Science degrees in three distinct programs," said Diane Brunner, President of Davis College. "Northeastern University is widely regarded as one of the most prestigious universities in the US, and we are pleased to enter this agreement given their history of academic excellence and commitment to innovation. And while Davis College will begin to offer a four-year Bachelor of Science in Business degree in the Fall of 2023, we are pleased to provide our students with an academic pathway with Northeastern University as both schools are well aligned in providing elite career-oriented professional training."
As described in the Agreement with Northeastern University, Davis College students would be required to complete applicable Associate of Applied Business degrees. Upon admission to Northeastern University's College of Professional Studies programs, Davis College students would be able to transfer the credits earned at Davis College towards achieving Bachelor of Science degrees at Northeastern University's College of Professional Studies in Management, Digital Media and Communication, and Project Management. Northeastern University's College of Professional Studies has full discretion as to the acceptance of each Davis College student into these programs. The Agreement is effective beginning in Spring 2023 and will be in effect for an initial period of three years, and will be automatically extended unless terminated by either party.
About Northeastern University
Northeastern University is a prominent private research university located on an urban campus in Boston, and is a global research university as well as a recognized leader in experiential lifelong learning. Northeastern University's approach is to integrate real-world experience with education, research, and innovation that empowers its students. The university has one of the largest co-op programs in the world where students alternate periods of academic study with periods of professional employment related to their major. With more than 36,000 full-time and part-time students, Northeastern University offers undergraduate and graduate programs in 10 colleges and schools across its 14 campuses worldwide. Northeastern University is ranked #44 in the current US News annual ranking of top US universities, which can be seen online at https://www.usnews.com/best-colleges/rankings/national-universities. For more information about Northeastern University, please visit www.northeastern.edu.
About Davis College
Davis College was founded in 1858 and is a private career-training college located in Toledo, Ohio. Davis College offers a specialized professional career training curriculum in numerous fields, and its mission is to provide marketable skills that enhance the employability of its graduates. Davis College offers coursework flexibility to ensure program success as well as externship opportunities that provide its student population with real-world skill sets prior to graduation. In addition to its offering a four-year Bachelor of Science in Business degree, expected to begin in the Fall of 2023, Davis College has agreements with several four-year US universities for 'transfer pathways' that pave the way for its associate degree students to gain admission with the ability to transfer earned course credits. Davis College is accredited by The Higher Learning Commission and the Ohio State Board of Career Colleges and Schools with programs authorized by the Ohio Board of Higher Education. For more information, please visit www.daviscollege.edu/.
About EpicQuest Education Group International Limited
EpicQuest Education Group International Limited ("EpicQuest Education" or the "Company") provides comprehensive education solutions for domestic and international students seeking university and college degrees in the US, Canada and the UK. The Company owns and operates EduGlobal College, based in British Columbia, Canada, which focuses on English proficiency educational programming for students pursuing academic degrees. The Company operates and is a 70% owner of Davis College, a career training college located in Toledo, Ohio. In addition, the Company has a recruiting relationship with the Miami University Regional campuses, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University. The Company is also a recruiting agent for the University of the West of Scotland (through The Education Group (London) Ltd) and Coventry University, both of which are located in the UK. For more information, please visit www.epicquesteducation.com/.
Safe Harbor Statement
Certain of the statements made in this press release are "forward-looking statements" within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as "may," "will," "anticipate," "assume," "should," "indicate," "would," "believe," "contemplate," "expect," "estimate," "continue," "plan," "point to," "project," "could," "intend," "target" and other similar words and expressions of the future.
All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our most recent Form 20-F and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC's Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.
Contacts:
EpicQuest Education Group International Limited
+1 513-649-8350
info@epicquesteducation.com
Investor Relations:
Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com
Source: EpicQuest Education Group International Limited
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SUV driver intentionally hit 6 migrant workers, police say
Published: Jul. 31, 2023 at 8:26 AM EDT|Updated: 49 minutes ago
LINCOLNTON, N.C. (AP) — Six migrant workers were intentionally hit by an SUV in a Walmart parking lot in North Carolina on Sunday, police said.
The workers were hit at a Walmart in Lincolnton in what appears to have been an intentional assault with a vehicle, but the Lincolnton Police Department said in a statement posted on social media that the driver’s motives are still under investigation. The workers were taken to a hospital with various injuries, but police said none of the injuries appear to be life-threatening.
Police are asking the public for help identifying the driver and the vehicle, described as an older model black sport utility vehicle with a luggage rack.
Copyright 2023 The Associated Press. All rights reserved. | https://www.wsaz.com/2023/07/31/suv-driver-intentionally-hit-6-migrant-workers-police-say/ | 2023-07-31T13:17:15 | 1 | https://www.wsaz.com/2023/07/31/suv-driver-intentionally-hit-6-migrant-workers-police-say/ |
NEW YORK — For much of the last two decades, including during the pandemic, technology companies were a bright spot in New York’s economy, adding thousands of high-paying jobs and expanding into millions of square feet of office space.
Their growth buoyed tax revenue, set up New York as a credible rival to the San Francisco Bay Area and provided jobs that helped the city absorb layoffs in other sectors during the pandemic and the 2008 financial crisis.
Now, the technology industry is pulling back hard, clouding the city’s economic future.
Facing many business challenges, large technology companies have laid off more than 386,000 workers worldwide since early 2022, according to the website layoffs.fyi, which tracks the tech industry. And they have pulled out of millions of square feet of office space because of those job cuts and the shift to working from home.
That retrenchment has hurt lots of tech hubs, and San Francisco has been hit the hardest with an office vacancy rate of 25.6%, according to Newmark Research.
New York is doing better than San Francisco — Manhattan has a vacancy rate of 13.5% — but it can no longer count on the technology industry for growth. More than one-third of the roughly 22 million square feet of office space available for sublet in Manhattan comes from technology, advertising and media companies, according to Newmark.
Consider Meta, which owns Facebook and Instagram. It is now unloading a big chunk of the more than 2.2 million square feet of office space it gobbled up in Manhattan in recent years after laying off around 1,700 employees this year, or one-quarter of its New York state workforce. The company has opted not to renew leases covering 250,000 square feet in Hudson Yards and 200,000 square feet on Park Avenue South.
Spotify is trying to sublet five of the 16 floors it leased six years ago in 4 World Trade Center, and Roku is offering one-quarter of the 240,000 square feet it had taken in Times Square just last year. X (formerly known as Twitter), Microsoft and other technology companies are also trying to sublease unwanted space.
“The tech companies were such a big part of the real estate landscape during the last five years,” said Ruth Colp-Haber, CEO of Wharton Property Advisors, a real estate brokerage. “And now that they seem to be cutting back, the question is: Who is going to replace them?”
Colp-Haber said it could take months for bigger spaces or entire floors of buildings to be sublet. The large amount of space available for sublet is also driving down the rents that landlords are able to get on new leases.
“They are going to undercut every landlord out there in terms of pricing, and they have really nice spaces that are already all built out,” she said, referring to the tech companies.
The tech sector has been a driver of New York’s economy since the late ’90s dot-com boom helped to establish “Silicon Alley” south of midtown Manhattan. Then, after the financial crisis, the expansion of companies like Google supported the economy when banks, insurers and other financial firms were in retreat.
Small and large tech companies added 43,430 jobs in New York in the five years through the end of 2021, a 33% gain, according to the state comptroller. And those jobs paid very well: The average tech salary in 2021 was $228,620, nearly double the average private-sector salary in the city, according to the comptroller.
The growth in jobs fueled demand for commercial space, and tech, advertising and media companies accounted for nearly one-quarter of the new office leases signed in Manhattan in recent years, according to Newmark.
Redmond-based Microsoft and Spotify declined to comment about their decision to sublet space. X and Roku did not respond to requests for comment. Meta said in a statement that it was “committed to distributed work” and was “continuously refining” its approach.
A few Big Tech companies are still expanding in New York.
Google plans to open St. John’s Terminal, a large office near the Hudson River in lower Manhattan, early next year. Including the terminal, Google will own or lease around 7 million square feet of office space in New York, up from roughly 6 million today, according to a company representative. (Google leases more than 1 million square feet of that space to other tenants.) The company has more than 12,000 employees in the New York area, up from over 10,000 in 2019.
Seattle-based Amazon, which in 2019 canceled plans to build a large campus in Queens after local politicians objected to the incentives offered to the company, has nevertheless added 200,000 square feet of office space in New York and Jersey City and Newark in New Jersey since 2019. The company will add roughly 550,000 square feet of office space later this summer when it opens 424 Fifth Ave., the former Lord & Taylor department store, which it bought in 2020 for $1.15 billion.
“New York provides a fantastic, diverse talent pool, and we’re proud of the thousands of jobs we’ve created in the city and state over the past 10 years across both our corporate and operations functions,” Holly Sullivan, vice president of worldwide economic development at Amazon, said in a statement.
And though many tech companies continue to let employees work from home for much of the week, they are also trying to woo workers back to the office, which could help reduce the need to sublet space.
Salesforce, a software company that has offices in a tower next to Bryant Park, said it was not considering subletting its New York space.
“Currently I’m facing the opposite problem in the tower in New York,” said Relina Bulchandani, head of real estate for Salesforce. “There has been a concerted effort to continue to grow the right roles in New York because we have a very high customer base in New York.”
New York is and will remain a vibrant home for technology companies, industry representatives said.
“I have not heard of a single tech company leaving, and that matters,” said Julie Samuels, president of Tech:NYC, an industry association. “If anything, we are seeing less of a contraction in New York among tech leases than they are seeing in other large cities.”
Fred Wilson, a partner at Union Square Ventures, said tech executives now felt less of a need to be in Silicon Valley, a shift that he said had benefited New York. “We have more company CEOs and more company founders in New York today than we did before the pandemic,” Wilson said, referring to the companies his firm has invested in.
David Falk, president of the New York tri-state region for Newmark, said, “We are right now working on several transactions with smaller, young tech firms that are looking to take sublet space.”
Many firms are still pulling back, however.
In 2017 and 2019, Spotify, which is based in Stockholm, signed leases totaling more than 564,000 square feet of space at 4 World Trade Center, becoming one of the largest tenants there. It soon had a space with all the accouterments you would expect at a tech firm — brightly colored flexible work areas, eye-popping views and table tennis.
But in January, Spotify said it was laying off 600 people, or about 6% of its global workforce. The company, which allows employees to choose between working fully remotely or on a hybrid schedule, is also reducing its office space, putting five floors up for sublet.
“On days when I’m by myself, I end up sitting in a meeting room all day for focus time,” said Dayna Tran, a Spotify employee who regularly works at the downtown office, adding that the employees who come in motivate themselves and create community by collaborating on an office playlist. | https://www.seattletimes.com/business/tech-firms-once-powered-new-yorks-economy-now-theyre-scaling-back/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all | 2023-07-31T13:17:15 | 1 | https://www.seattletimes.com/business/tech-firms-once-powered-new-yorks-economy-now-theyre-scaling-back/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all |
The Industry's Only End-to-End Platform Will Help Businesses Streamline the Compliance Journey
TAMPA, Fla., July 31, 2023 /PRNewswire/ -- A-LIGN, the leading cybersecurity compliance solutions provider, announced today the groundbreaking news that its award-winning compliance automation platform, A-SCEND, will be available at no charge.
"We enable businesses to build trust with their customers – whether they are getting ready for their first audit or consolidating multiple audit frameworks. We are thrilled to enable more organizations to experience the power of compliance automation on our platform," said Giles House, Chief Marketing & Product Officer at A-LIGN. "A-SCEND is the only solution on the market backed by a team of experienced audit professionals that can provide end-to-end services to streamline the entire compliance lifecycle."
Businesses can now harness the power of A-SCEND's automation and audit-readiness capabilities to streamline their compliance efforts. With the platform, users can:
- Automate evidence collection for their audit with the click of a button by leveraging 90+ integrations
- Streamline policy management with industry-best-practice templates
- Complete a readiness assessment to find out how prepared they are for the next audit
- Receive a real-time health check of their compliance posture with the Compliance Hub, which tests controls against CIS benchmarks on a scheduled basis
This announcement comes at a time of remarkable growth for A-SCEND. The platform has been leveraged to collect over two million pieces of evidence for thousands of users, while achieving an 80+ NPS score. A-LIGN has made significant investments into the platform with notable SaaS industry veteran new hires including House as CMPO and Raya Cleary as VP Product.
To learn more about A-SCEND and get started today for free, visit https://www.a-lign.com/lp/a-scend-signup.
About A-LIGN
A-LIGN is the only end-to-end cybersecurity compliance solutions provider with readiness to report compliance automation software paired with professional audit services, trusted by more than 4,000 global organizations to help mitigate cybersecurity risks. A-LIGN uniquely delivers a single-provider holistic approach as a licensed CPA firm to SOC 1 and SOC 2 Audit services, accredited ISO 27001, ISO 27701 and ISO 22301 Certification Body, HITRUST CSF Assessor firm, accredited FedRAMP 3PAO, authorized CMMC C3PAO, PCI Qualified Security Assessor Company, and PCI SSC registered Secure Software Assessor Company. Working with growing businesses to global enterprises, A-LIGN's experts and its compliance automation platform, A-SCEND, are transforming the compliance experience.
CONTACT:
Abigail Rodrigues
abigail.rodrigues@a-lign.com
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SOURCE A-LIGN | https://www.wsaz.com/prnewswire/2023/07/31/a-lign-sets-new-standard-compliance-automation-with-free-access-a-scend-software/ | 2023-07-31T13:17:16 | 0 | https://www.wsaz.com/prnewswire/2023/07/31/a-lign-sets-new-standard-compliance-automation-with-free-access-a-scend-software/ |
NEW YORK (AP) — Trucking company Yellow Corp. has shut down operations and is headed for a bankruptcy filing, according to the Teamsters Union and multiple media reports.
After years of financial struggles, reports of Yellow preparing for bankruptcy emerged last week — as the Nashville, Tennessee-based trucker saw customers leave in large numbers. Yellow shut down operations on Sunday, according to the Wall Street Journal, following the layoffs of hundreds of nonunion employees on Friday.
In an announcement early Monday, the Teamsters said that the union received legal notice confirming Yellow was ceasing operations and filing for bankruptcy.
“Today’s news is unfortunate but not surprising. Yellow has historically proven that it could not manage itself despite billions of dollars in worker concessions and hundreds of millions in bailout funding from the federal government,” Teamsters general president Sean O’Brien said in a statement. “This is a sad day for workers and the American freight industry.”
The Associated Press reached out to Yellow for comment on Monday. No bankruptcy filings had gone live as of the early morning.
The bankruptcy reports have renewed attention around Yellow’s ongoing negotiations with unionized workers, a $700 million pandemic-era loan from the government and other bills the trucker has racked up over time. Yellow, formerly known as YRC Worldwide Inc., is one of the nation’s largest less-than-truckload carriers. The company’s reported closure puts 30,000 jobs at risk.
Here’s what you need to know.
WHAT WOULD BANKRUPTCY MEAN FOR YELLOW?
According to Satish Jindel, president of transportation and logistics firm SJ Consulting, Yellow handled an average of 49,000 shipments per day in 2022. Last week, he estimated that number was down to between 10,000 and 15,000 daily shipments.
With customers leaving — as well reports of Yellow stopping freight pickups last week — bankruptcy would “be the end of Yellow,” Jindel told The Associated Press, noting increased risk for liquidation.
“The likelihood of them surviving and remaining solvent diminishes really by the day,” added Bruce Chan, a research director at investment banking firm Stifel.
Yellow declined to comment when contacted by The Associated Press on Friday. In a Wednesday statement to The Journal, the company said it was continuing “to prepare for a range of contingencies.” On Thursday, Yellow said it was in talks with multiple parties about selling its third-party logistics organization.
Even if Yellow was able to sell its logistics firm, it would “not generate a sufficient amount of cash to keep them operational on any sort of permanent basis,” Chan said. “Without a major equity injection, it would be very difficult for them to survive.”
HOW MUCH DEBT DOES YELLOW HAVE?
As of late March, Yellow had an outstanding debt of about $1.5 billion. Of that, $729.2 million was owed to the federal government.
In 2020, under the Trump administration, the Treasury Department granted the company a $700 million pandemic-era loan on national security grounds. Last month, a congressional probe concluded that the Treasury and Defense Departments “made missteps” in this decision — and noted that Yellow’s “precarious financial position at the time of the loan, and continued struggles, expose taxpayers to a significant risk of loss.”
The government loan is due in September 2024. As of March, Yellow had made $54.8 million in interest payments and repaid just $230 million of the principal owed, according to government documents.
Yellow’s current finances and prospect of bankruptcy “is probably two decades in the making,” Chan said, pointing to poor management and strategic decisions dating back to the early 2000s. “At this point, after each party has bailed them out so many times, there is a limited appetite to do that anymore.”
In May, Yellow reported a loss of $54.6 million, a decline of $1.06 per share, for its first quarter of 2023. Operating revenue was about $1.16 billion in the period.
A Wednesday investors note from financial service firm Stephens estimated that Yellow could be burning between $9 million and $10 million each day. Using a liquidity disclosure from earlier this month, Yellow had roughly $100 million in cash at the end of June, the note added — estimating that the company has been burning through increasing amounts of money through July.
“It is reasonable to believe that the Company could breach its $35 mil. liquidity requirement at any moment,” Stephens analyst Jack Atkins and associate Grant Smith wrote.
DID THE COMPANY JUST AVERT A STRIKE?
Last week’s reports of bankruptcy preparations arrived just days after a strike from the Teamsters, which represents Yellow’s 22,000 unionized workers, was averted.
A series of heated exchanges have built up between the Teamsters and Yellow, who sued the union in June after alleging it was “unjustifiably blocking” restructuring plans needed for the company’s survival. The Teamsters called the litigation “baseless” — with O’Brien pointing to Yellow’s “decades of gross mismanagement,” which included exhausting the $700 million federal loan.
On July 23, a pension fund agreed to extend health benefits for workers at two Yellow Corp. operating companies, averting a strike — and giving Yellow “30 days to pay its bills,” notably $50 million that Yellow failed to pay the Central States Health and Welfare Fund on July 15, the union said. While the strike didn’t occur, talks of a walkout may have caused some Yellow customers to pull back, Chan said.
“The financial struggles of Yellow are not related to the union and the contracts,” Jindel said, pointing to management’s responsibility around its services and prices. He added the union wages from Yellow are “lower than any competitor.”
WHAT WOULD HAPPEN IF YELLOW WENT UNDER?
As Yellow customers take their shipments to other carriers, like FedEx or ABF Freight, prices will go up.
Yellow’s prices have historically been the cheapest compared to other carriers, Jindel said. “That’s why they obviously were not making money,” he added. “And while there is capacity with the other LTL carriers to handle the diversions from Yellow, it will come at a high price for (current shippers and customers) of Yellow.”
Chan adds that we’re in an interesting time for the LTL marketplace — noting that, if Yellow liquidates, “the freight would find a home” with other carriers, which may not have been true in recent years.
“It may take time, but there’s room for it to be absorbed,” he said. | https://www.seattletimes.com/business/yellow-is-shutting-down-and-headed-for-bankruptcy-the-teamsters-union-says-heres-what-to-know/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all | 2023-07-31T13:17:16 | 1 | https://www.seattletimes.com/business/yellow-is-shutting-down-and-headed-for-bankruptcy-the-teamsters-union-says-heres-what-to-know/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all |
Partnership Expands Access to Seizure First Aid Trainings for School Personnel
BOWIE, Md., July 31, 2023 /PRNewswire/ -- The Epilepsy Foundation today announced a five-year collaboration with Vector Solutions, the leading provider of training and software solutions for K-12 and higher education institutions, to offer the Epilepsy Foundation's Seizure Recognition & First Aid Certification training in the Vector Safety and Compliance Course Library. This agreement will provide an easy and convenient way for educators and school personnel, who are already contracted with Vector, to take the seizure first aid training to better serve their students.
There are 470,000 children living with epilepsy in the U.S. According to the Centers for Disease Control and Prevention (CDC), the opportunity for academic success is increased when students with chronic health conditions have a safe and supportive learning environment.
"Our collaboration with Vector will give school personnel — who are required by state laws to take seizure first aid training — a place to do so easily and effectively through a familiar learning portal," said Brandy Fureman, Ph.D., chief outcomes officer, Epilepsy Foundation. "In addition, it will expand access to our seizure first aid training to school systems around the country using Vector's platform. Our end goal is to have a seizure safe nation where everyone who has a seizure feels safe, no matter where they are. This partnership is a stepstone toward that goal."
In 2018, Kentucky led the charge to pass the nation's first-ever law requiring school personnel to complete seizure recognition and first aid training. Since then, the Epilepsy Foundation, family advocates and partner organizations have been working to pass similar Seizure Safe Schools legislation nationwide. The model Seizure Safe Schools legislation has five components, one of which requires all school personnel, including school nurses and teachers, to complete training so that they can recognize and respond appropriately and efficiently to students experiencing seizures. To date, almost half of the states have passed some form of Seizure Safe Schools legislation.
For years, the Epilepsy Foundation has partnered with the CDC to build nationwide programs to ensure school personnel, first responders, seniors, caregivers, and the public are better trained to recognize seizures and administer first aid. The Epilepsy Foundation's seizure first aid trainings provide information to increase knowledge, skills, and confidence in recognizing seizures and safely administering seizure first aid.
"We are excited to collaborate with the Epilepsy Foundation to deliver its trainings through our online learning management system," said, Rob Buelow, General Manager of Education at Vector Solutions. "The safety and well-being of students is paramount and educators must be properly equipped to address the unique needs of all students. Through this partnership, K-12 and higher education staff across the nation will be empowered to serve their students and ensure their health and safety."
For more information about the Epilepsy Foundation's seizure first aid trainings, visit epilepsy.com/firstaid. The trainings will be available in the Vector platform later this summer and school administrators who have a current subscription will receive notification when the trainings are live.
About Epilepsy
According to the World Health Organization, epilepsy is the most common serious brain disorder worldwide with no age, racial, social class, national or geographic boundaries. The U.S. Centers for Disease Control & Prevention estimates that 3.4 million people in the United States are affected by epilepsy. Epilepsy is the underlying tendency of the brain to produce seizures which are sudden abnormal bursts of electrical energy that disrupt brain functions.
About the Epilepsy Foundation
With a network of partners throughout the United States, the Epilepsy Foundation is leading the fight to overcome the challenges of living with epilepsy. The Foundation connects people to treatment, support, and resources; leads advocacy efforts; funds innovative research and the training of specialists; and educates the public about epilepsy and seizure first aid. For more than five decades, the Epilepsy Foundation has shone a light on epilepsy to promote awareness and understanding, and to advocate for laws that matter to people with epilepsy, while also funding epilepsy research and supporting epilepsy investigators and specialists in their early careers. In partnership with the CDC, the Epilepsy Foundation has helped to improve access to care for people with epilepsy, expanded its digital reach and online resources in homes across the country, and trained more than 600,000 people in seizure recognition and first aid. The Epilepsy Foundation continues to focus on serving the epilepsy community through advocacy, education, direct services and research for new therapies. To learn more visit epilepsy.com or call 1.800.332.1000. Follow us on Facebook and Twitter.
About Vector Solutions for K-12 Education
Vector Solutions for K-12 Education is a leading provider of training, software and professional development solutions committed to creating safer, smarter and better school environments. Trusted by more than 5,000 K-12 districts in the United States, Vector's award-winning suite of products save administrators time, improve compliance, and streamline administrative processes. Vector trainings on imperative topics like safety and compliance; inclusive instruction; mental health and well-being; diversity, equity and inclusion; and cybersecurity enable students and teachers alike to make schools safer, more inclusive, and more effective places to work and learn. For more information about Vector Solutions for K-12 Education, visit www.vectorsolutions.com/k12.
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SOURCE Epilepsy Foundation | https://www.wistv.com/prnewswire/2023/07/31/epilepsy-foundation-partners-with-vector-solutions-offer-seizure-first-aid-trainings-educators/ | 2023-07-31T13:17:17 | 1 | https://www.wistv.com/prnewswire/2023/07/31/epilepsy-foundation-partners-with-vector-solutions-offer-seizure-first-aid-trainings-educators/ |
When the classroom thermometer passes 80 degrees and starts marching toward 90, survival mode kicks in.
During the Seattle area’s May heat wave, teachers grabbed ice pops and sprayed students’ flushed necks with water, urging them to move in front of a fan. Some found refuge under a shady tree outside, and some kids got sick and went home.
With the school year beginning in just over a month, schools are bracing for the possibility of having to do this all over again. Last year, 80-degree days lasted well into October, and meteorologists expect the rest of this summer and beyond to stay warm.
Sweltering classrooms are becoming the norm in Seattle-area school buildings, many of which have no or poor air conditioning systems. It is yet another front in the region’s battle with climate change, which has increased both the degree and frequency of hot days in a region outfitted for milder weather. State law hasn’t yet caught up with the trend, either: there is a minimum temperature for classrooms, which is 65 degrees, but there is not a maximum, nor much guidance on what to do.
In contrast, the state has created new protections for workers exposed to outdoor heat. Rules announced this year require employers to provide cool drinking water, rest periods and opportunities to sit in the shade when temperatures reach 80 degrees or higher.
“We don’t talk about the risk of heat until it hits us. And it gets harder in a high-poverty community when people don’t have a way to escape heat even after school,” said Shannon McCann, a special-education teacher in Federal Way who served as a teachers union president until recently. The union has been collecting stories of extreme temperatures in classrooms and bringing them to the district. A couple of classrooms clocked in at 90 degrees in May, McCann said.
Heat waves have historically fallen outside of the school year calendar, sparing kids and educators from the worst stretches of heat waves. But in the last six or seven years, teachers report a worsening exposure to the elements.
“Obviously, it makes it very difficult for any learning to take place,” said Kelli Perry, a teacher in the Lake Washington School District, the second-largest district in the state by enrollment.
Some school districts try to mitigate the heat by providing fans.
In Federal Way, McCann reports, the district suggested teachers put butcher paper on the windows. But that’s not adequate, she said. The burden of addressing the heat has fallen on teachers and school staff.
“The state should have a plan for all schools in these extreme heat situations,” McCann said.
Installing air conditioning inside schools can prove expensive, and the older the school building, the less likely it is to have AC. A 2020 study from the federal Government Accountability Office found about a third of districts need updates to their HVAC systems.
New and current school construction in Federal Way will have air conditioning, officials said. But “we do not have the funds necessary to go back and install air conditioning units in all the schools built without air conditioning,” Federal Way Public Schools spokesperson Whitney Chiang said.
It is bad timing in terms of school budgeting, too. Districts are reporting financial distress due to falling enrollment, and many are failing to pass the bonds that allow them to raise money to fix issues in their buildings.
In the worst cases, heat can prove dangerous. Alisha Rasmussen, a paraeducator at Glacier View Junior High School in Puyallup, worries about the medically fragile children she works with. High temperatures can trigger seizures in students with certain medical conditions, such as Angelman syndrome. Educators also have to worry about managing their own risk of heat stroke.
A couple of months ago, Rasmussen had to exit a classroom where students had been cooking on a hot day.
“I went and got cold water on my wrists,” she said.
McCann, the Federal Way educator, has talked to a lawmaker and hopes to see a bill in next year’s legislative session that will help districts address heat in school buildings. | https://www.seattletimes.com/education-lab/seattle-area-teachers-worry-as-heat-waves-can-make-classes-unbearable/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all | 2023-07-31T13:17:19 | 1 | https://www.seattletimes.com/education-lab/seattle-area-teachers-worry-as-heat-waves-can-make-classes-unbearable/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all |
ALHAMBRA, Calif., July 31, 2023 /PRNewswire/ -- Apollo Medical Holdings, Inc. ("ApolloMed," and together with its subsidiaries and affiliated entities, the "Company") (NASDAQ: AMEH), a leading physician-centric, technology-powered healthcare company focused on enabling providers in the successful delivery of value-based care, today announced an agreement to partner with IntraCare, an operator of a value-based primary care provider network and primary care clinics located predominantly in Texas with a growing presence in Oklahoma.
Headquartered in the Dallas-Fort Worth metropolitan area of Texas, IntraCare is aligned with over 425 providers managing the care of over 40,000 members. Like ApolloMed, IntraCare is on a mission to build a thriving healthcare ecosystem that promotes successful, independent physicians, strengthens the patient-physician relationship, and improves patient satisfaction and healthcare outcomes through quality, compassionate coordinated care.
ApolloMed's partnership with IntraCare is poised to accelerate access to high-quality, value-based care for seniors in three areas. First, ApolloMed's ACO will partner with IntraCare's primary care providers as part of the ACO REACH program, an attribution-based risk-bearing model designed to advance health equity and bring the benefits of accountable care to Medicare beneficiaries in underserved communities. In addition, ApolloMed will deploy its value-based care platform as the exclusive care enablement partner for IntraCare providers participating in the ACO REACH program. Finally, to further IntraCare's mission and growth, ApolloMed will lend IntraCare a $25 million senior secured convertible promissory note maturing in 2028. Guggenheim Securities, LLC acted as financial advisor to IntraCare in connection with the transactions.
Brandon Sim, Co-CEO of ApolloMed, stated, "We have admired IntraCare's demonstrated track record of successfully empowering local independent primary care practices in Texas and Oklahoma, a strategy which is aligned with and complementary to our success in our core markets. With this partnership, we are excited to build upon IntraCare's momentum and partner with their providers in our ACO, continuing to scale our Care Partners business. We also look forward to bringing our Care Enablement platform to these providers and will work closely with IntraCare's leadership team in continuing to expand upon their historical success while exploring additional avenues for collaboration down the road."
Anwar Kazi, CEO of IntraCare, added, "We are thrilled to be partnering with ApolloMed, a company that is aligned with IntraCare in its mission of empowering providers in the successful delivery of value-based care. We believe that joining forces with ApolloMed will enable us to accelerate the growth of our business as we look to continue expanding our affiliate network and owned clinic footprint within our existing geographic presence in Texas and Oklahoma."
About Apollo Medical Holdings, Inc.
ApolloMed is a leading physician-centric, technology-powered, risk-bearing healthcare management company. Leveraging its proprietary end-to-end technology solutions, ApolloMed operates an integrated healthcare delivery platform that enables providers to successfully participate in value-based care arrangements, thus empowering them to deliver high quality care to patients in a cost-effective manner.
Headquartered in Alhambra, California, ApolloMed's subsidiaries and affiliates include management services organizations (MSOs), affiliated independent practice associations (IPAs), and entities participating in the Centers for Medicare & Medicaid Services Innovation Center (CMMI) innovation models. For more information, please visit www.apollomed.net.
Forward Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, such as statements about the Company's operational focus and strategic growth plans and expectations regarding its ability to successfully partner with third parties. Forward-looking statements reflect current views with respect to future events and financial performance and therefore cannot be guaranteed. Such statements are based on the current expectations and certain assumptions of the Company's management, and some or all of such expectations and assumptions may not materialize or may vary significantly from actual results. Actual results may also vary materially from forward-looking statements due to risks, uncertainties and other factors, known and unknown, including the risk factors described from time to time in the Company's reports to the Securities and Exchange Commission ("SEC"), including without limitation the risk factors discussed in the Company's Annual Report on Form 10-K for the year ended December 31, 2022, filed with the SEC and any subsequent quarterly reports on Form 10-Q.
FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations
(626) 943-6491
investors@apollomed.net
Carolyne Sohn, The Equity Group
(408) 538-4577
csohn@equityny.com
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SOURCE Apollo Medical Holdings, Inc. | https://www.wsaz.com/prnewswire/2023/07/31/apollo-medical-holdings-inc-announces-partnership-with-intracare-advance-value-based-care-texas-oklahoma/ | 2023-07-31T13:17:19 | 0 | https://www.wsaz.com/prnewswire/2023/07/31/apollo-medical-holdings-inc-announces-partnership-with-intracare-advance-value-based-care-texas-oklahoma/ |
BIRMINGHAM, Ala. (WIAT) — According to university officials, UAB dorm space is currently at capacity.
Several students with active applications for on-campus housing are still unsure where they will be placed when classes start in just a few weeks.
Executive Director for Student Housing and Dining Marc Booker said they are receiving more on- campus housing applications than they have space- a dilemma they’ve faced several times before.
Booker said they typically place students in a temporary housing assignment until something opens up that may be higher on their preference list.
“Sometimes they will take advantage of those other accommodations and sometimes they will stay where they are,” said Booker.
Most students will be in their permanent fall location by the third week of class.
Booker said he believes they can accommodate most students that want a space on campus but encourages students to apply as early as they can.
“Our applications are addressed on first come, first serve basis, and those who secure their rooms earlier or put in their application earlier, have priority,” said Booker.
UAB upperclassman Autumn Alexander said she remembers new student jitters and how intimidating uncertainty can be. She added that it’s important for students to know where they’re going to live.
“I know that if you’re a, you know, first time student and you’re not able to get any housing on campus that has to be really stressful for a lot of people, I know I would be worried. Like, you should be worried about your classes, not like where you’re going to live at.”
UAB officials said no student currently affected will go without housing. They are working to make sure each one is accommodated as quickly as possible. | https://www.cbs42.com/news/local/uab-on-campus-housing-is-at-capacity-what-this-means-for-students/ | 2023-07-31T13:17:20 | 1 | https://www.cbs42.com/news/local/uab-on-campus-housing-is-at-capacity-what-this-means-for-students/ |
NEW YORK (AP) — Six straight days of 12-hour driving. Single digit paychecks. The complaints come from workers in vastly different industries: UPS delivery drivers and Hollywood actors and writers.
But they point to an underlying factor driving a surge of labor unrest: The cost to workers whose jobs have changed drastically as companies scramble to meet customer expectations for speed and convenience in industries transformed by technology.
The COVID-19 pandemic accelerated those changes, pushing retailers to shift online and intensifying the streaming competition among entertainment companies. Now, from the picket lines, workers are trying to give consumers a behind-the-scenes look at what it takes to produce a show that can be binged any time or get dog food delivered to their doorstep with a phone swipe.
Overworked and underpaid employees is an enduring complaint across industries — from delivery drivers to Starbucks baristas and airline pilots — where surges in consumer demand have collided with persistent labor shortages. Workers are pushing back against forced overtime, punishing schedules or company reliance on lower-paid, part-time or contract forces.
At issue for Hollywood screenwriters and actors staging their first simultaneous strikes in 40 years is the way streaming has upended entertainment economics, slashing pay and forcing showrunners to produce content faster with smaller teams.
“This seems to happen to many places when the tech companies come in. Who are we crushing? It doesn’t matter,” said Danielle Sanchez-Witzel, a screenwriter and showrunner on the negotiating team for the Writers Guild of America, whose members have been on strike since May. Earlier this month, the Screen Actors Guild–American Federation of Television and Radio Artists joined the writers’ union on the picket line.
Actors and writers have long relied on residuals, or long-term payments, for reruns and other airings of films and televisions shows. But reruns aren’t a thing on streaming services, where series and films simply land and stay with no easy way, such as box office returns or ratings, to determine their popularity.
Consequently, whatever residuals streaming companies do pay often amount to a pittance, and screenwriters have been sharing tales of receiving single digit checks.
Adam Shapiro, an actor known for the Netflix hit “Never Have I Ever,” said many actors were initially content to accept lower pay for the plethora of roles that streaming suddenly offered. But the need for a more sustainable compensation model gained urgency when it became clear streaming is not a sideshow, but rather the future of the business, he said.
“Over the past 10 years, we realized: ‘Oh, that’s now how Hollywood works. Everything is streaming,’” Shapiro said during a recent union event.
Shapiro, who has been acting for 25 years, said he agreed to a contract offering 20% of his normal rate for “Never Have I Ever” because it seemed like “a great opportunity, and it’s going to be all over the world. And it was. It really was. Unfortunately, we’re all starting to realize that if we keep doing this we’re not going to be able to pay our bills.”
Then there’s the rising use of “mini rooms,” in which a handful of writers are hired to work only during pre-production, sometimes for a series that may take a year to be greenlit, or never get picked up at all.
Sanchez-Witzel, co-creator of the recently released Netflix series “Survival of the Thickest,” said television shows traditionally hire robust writing teams for the duration of production. But Netflix refused to allow her to keep her team of five writers past pre-production, forcing round-the-clock work on rewrites with just one other writer.
“It’s not sustainable and I’ll never do that again,” she said.
Sanchez-Witzel said she was struck by the similarities between her experience and those of UPS drivers, some of whom joined the WGA for protests as they threatened their own potentially crippling strike. UPS and the Teamsters last week reached a tentative contract staving off the strike.
Jeffrey Palmerino, a full-time UPS driver near Albany, New York, said forced overtime emerged as a top issue during the pandemic as drivers coped with a crush of orders on par with the holiday season. Drivers never knew what time they would get home or if they could count on two days off each week, while 14-hour days in trucks without air conditioning became the norm.
“It was basically like Christmas on steroids for two straight years. A lot of us were forced to work six days a week, and that is not any way to live your life,” said Palmerino, a Teamsters shop steward.
Along with pay raises and air conditioning, the Teamsters won concessions that Palmerino hopes will ease overwork. UPS agreed to end forced overtime on days off and eliminate a lower-paid category of drivers who work shifts that include weekends, converting them to full-time drivers. Union members have yet to ratify the deal.
The Teamsters and labor activists hailed the tentative deal as a game-changer that would pressure other companies facing labor unrest to raise their standards. But similar outcomes are far from certain in industries lacking the sheer economic indispensability of UPS or the clout of its 340,000-member union.
Efforts to organize at Starbucks and Amazon stalled as both companies aggressively fought against unionization.
Still, labor protests will likely gain momentum following the UPS contract, said Patricia Campos-Medina, executive director of the Worker Institute at the School of Industrial and Labor Relations at Cornell University, which released a report this year that found the number of labor strikes rose 52% in 2022.
“The whole idea that consumer convenience is above everything broke down during the pandemic. We started to think, ‘I’m at home ordering, but there is actually a worker who has to go the grocery store, who has to cook this for me so that I can be comfortable,’” Campos-Medina said. | https://www.cbs42.com/news/national/customers-want-instant-gratification-workers-say-theyre-on-the-brink/ | 2023-07-31T13:17:23 | 0 | https://www.cbs42.com/news/national/customers-want-instant-gratification-workers-say-theyre-on-the-brink/ |
(The Hill) — Florida Gov. Ron DeSantis (R), a 2024 GOP presidential candidate, said that fellow presidential candidate and rival, former President Donald Trump’s, “juvenile insults” toward him have helped him.
DeSantis made the remarks during a campaign stop in New Hampshire on Sunday.
“First of all, I mean, I think a lot of this stuff when he hits me with it with juvenile insults, I think that helps me,” DeSantis told reporters. “I don’t think voters like that. I think they look at it and they realize, like, you know what, that’s not effective. And so I don’t think it’s effective.”
DeSantis also said Trump’s insults are just another reminder that millions of voters will not vote for him during this election cycle.
“So I actually don’t mind that at all,” DeSantis added. “I think it’s just a reminder, why there’s so many millions of voters who will never vote for him going forward.”
Trump has targeted DeSantis with a slew of insults throughout the campaign cycle, referring to the governor as “Ron DeSanctimonious”. Trump took his latest shot at DeSantis during the Iowa GOP’s Lincoln Dinner in Des Moines, Iowa last week, telling constituents that he “wouldn’t take a chance on that one.”
This comes as DeSantis, who was once seen as a real rival to Trump for the Republican Party’s nomination in 2024, has fallen in polls since announcing his presidential campaign in May.
The 44-year-old politician recently laid off 38 staff members as his campaign seeks to revamp itself in the race for the presidency. | https://www.cbs42.com/news/national/desantis-says-trumps-juvenile-insults-help-him/ | 2023-07-31T13:17:24 | 1 | https://www.cbs42.com/news/national/desantis-says-trumps-juvenile-insults-help-him/ |
It’s the last Paperback Picks of the summer (which I say with glee, as fall is my favorite season), and there’s plenty to read for those of you not busy rushing around in the sunshine, including some award-winning novels, a dishy Broadway memoir, and the final words of a Hollywood legend — all in brand-new paperback. Happy reading!
“When We Were Sisters” by Fatimah Asghar (Random House, $18). Asghar was longlisted for the National Book Award for this tale of three orphaned Muslim American sisters, described as “grief-soaked and gorgeous” by The Guardian. “A poet first, Asghar picks up on the themes of her debut collection ‘If They Come for Us’ — partition and fragmentation, borders and bodies — and plays with space and silence on the page. Narrated by Kausar in vignettes, often in staccato sentences, and interspersed with poetic flashbacks from the perspective of the father and mother, this fragmentary form has the effect of ephemerality — much like life.”
“Calling for a Blanket Dance” by Oscar Hokeah (Algonquin, $17.99). Winner of the PEN America/Hemingway Award for debut fiction, Hokeah’s novel follows five decades of its main character’s life, set in rural Oklahoma. A New York Times reviewer wrote: “At the heart of the novel lay a profound reflection on the intergenerational nature of cultural trauma. Hokeah’s characters exist at the intersection of Kiowa, Cherokee and Mexican identity, which provides a vital exploration of indigeneity in contemporary American letters.”
“The Book of Goose” by Yiyun Li (Farrar, Straus & Giroux, $18). Another major award winner — the PEN/Faulkner Award for Fiction and named among the best books of 2022 by multiple outlets — this novel examines the aftermath of two teen girls who perpetrate a literary hoax in postwar rural France. New York Times reviewer Megan O’Grady wrote: “The most propulsively entertaining of Li’s novels, ‘The Book of Goose’ is an existential fable that illuminates the tangle of motives behind our writing of stories: to apprehend and avenge the truth of our own being, to make people know what it feels like to be us, to memorialize the people we keep alive in the provincial villages of our hearts.”
“The Marriage Portrait” by Maggie O’Farrell (Knopf, $17.99). This bestseller from the author of “Hamnet” (a book I devoured a couple of years back) takes inspiration from the story of Lucrezia de’ Medici, daughter of a 16th-century Italian grand duke, who believes that her noble husband is plotting to kill her. (You may know Lucrezia from the Robert Browning poem “My Last Duchess.”) Calling O’Farrell “one of the most exciting novelists alive,” Washington Post critic Ron Charles notes, “You may know the history, and you may think you know what’s coming, but don’t be so sure. O’Farrell and Lucrezia, with her ‘crystalline, righteous anger,’ will always be one step ahead of you.”
“Paul Newman: The Extraordinary Life of an Ordinary Man,” by Paul Newman (Knopf, $18). This posthumous memoir was assembled from several years’ worth of interviews the actor gave to his close friend Stewart Stern, the transcripts of which were discovered long after Newman’s death in 2008. The book, a New York Times writer wrote, “is surprising for the remarkable candor of its subject, one of the most accomplished and reticent actors from an era when the perpetual documentation of daily life was not a precondition for fame.”
“Shy: The Alarmingly Outspoken Memoirs of Mary Rodgers” by Mary Rodgers and Jesse Green (Picador, $20). If you’re at all interested in musical theater, Broadway history, or just good gossip, “Shy” is a must-read; I idly picked it up months ago and suddenly realized that hours had gone by as I devoured every page. Rodgers, who grew up in musical theater royalty (she’s the daughter of Richard Rodgers, famous collaborator of Hart and Hammerstein), herself wrote “Once Upon a Mattress” and the book “Freaky Friday”; she spent years sharing memories with theater critic Green before her death in 2014. The Washington Post sums it up nicely: “’Shy’ lives up to its ‘alarmingly outspoken’ subtitle but rarely seems mean-spirited, thanks to Rodgers’s sense of humor, clever way with words and refusal to indulge in self-pity.”
“Crying in the Bathroom: A Memoir” by Erika L. Sánchez (Penguin, $18). Sánchez, author of the bestselling collection “I Am Not Your Perfect Mexican Daughter,” here creates a “raw and sensuous” memoir in essays, wrote a Publisher’s Weekly reviewer, noting that “even when Sánchez finds happiness and its traditional markers (successful writing career, husband, child, home), her writing shines with a deep humility wrought from the hard-won nature of her personal peace. The result is another satisfying addition to Sánchez’s deeply moving body of works.”
“Now Is Not the Time to Panic” by Kevin Wilson (HarperCollins, $17.99). Wilson, author of the bestselling novel “Nothing to See Here,” returns with a coming-of-age tale of two 1990s Tennessee teens who decide to dabble in public art. A starred review on Kirkus Reviews called it “a warm, witty two-hander that sidesteps the clichés of art school and indie film and treats its free spirits with respect.” | https://www.seattletimes.com/entertainment/books/award-winning-novels-a-dishy-broadway-memoir-and-more-new-paperbacks/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all | 2023-07-31T13:17:24 | 0 | https://www.seattletimes.com/entertainment/books/award-winning-novels-a-dishy-broadway-memoir-and-more-new-paperbacks/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all |
First-of-Its-Kind Solution Helps Ensure Medicines Prescribed to Patients are Safe, Effective, and Appropriate, Tackling Growing Public Health Challenge Posed by Suboptimal Medication Use
FeelBetter's Pharmaco-Clinical Intelligence Aids in Proactively Identifying and Managing Polypharmacy-Related Risks, Reducing Preventable Deterioration and Hospitalizations
BOSTON and TEL AVIV, Israel , July 31, 2023 /PRNewswire/ -- FeelBetter, the leading provider of medication management technology and pioneer of Pharmaco-Clinical Intelligence, today announced that it has raised $5.9 million in funding. Firstime Ventures and Shoni Health Ventures led the funding round with participation from Random Forest VC, The Group Ventures, and existing FeelBetter investor Triventures, bringing the Company's total funding to $8 million.
A growing public health concern for senior patients, many of whom have multiple chronic conditions, the simultaneous use of multiple medications paves the way for poor health outcomes, increased use of health services, and rising care costs. In the US alone, every year, suboptimal medication management results in 275,000 deaths and more than $528B in avoidable costs.
Launched in 2018, FeelBetter is tackling the challenges associated with suboptimal medication management among polypharmacy patients. Led by an interdisciplinary team of clinicians, clinical pharmacists, and technologists, FeelBetter has pioneered a new category of technology called Pharmaco-Clinical Intelligence. It combines novel pharmacology and clinical capabilities and is changing the polypharmacy paradigm on both an individual and population health level. A comprehensive solution powered by AI and machine learning capabilities, FeelBetter's Pharmaco-Clinical Intelligence drives proactive, personalized medication management, helping healthcare professionals ensure that their patients' medication regimens are safe, effective, and appropriate.
"FeelBetter's purpose-built technology makes it possible to deliver a more personalized, whole-patient approach to medication management – one that goes beyond a single illness, diagnosis, or point in time, and comprehensively focuses on each individual's care journey," said Liat Primor, FeelBetter's CEO and Co-Founder. "At a time when investors are especially selective about the types of bets they are taking, this round and vote of confidence from the world-class teams at Fristime Ventures, Shoni Health Ventures, Random Forest VC, Triventures, and The Venture Group, as well as angel investors, validates the need for and potential of our Pharmaco-Clinical Intelligence as a solution for the growing, global health challenge posed by suboptimal medication management."
Yoram Hordan, FeelBetter's CTO, COO, and Co-Founder, added: "The funding will enable us to expand our reach, further refine our solution, and empower more healthcare providers to deliver personalized, proactive care. Our Pharmaco-Clinical Intelligence, developed collaboratively by clinical and pharmacology experts alongside technology and machine learning specialists, seamlessly matches a patient's specific clinical and pharmacology data with their sequence of health events. This unlocks unparalleled accuracy in detecting at-risk patients both individually and population wide and enables new levels of precision in disease management and prevention."
Recognizing that a range of diverse factors can influence a senior patient's health status, FeelBetter's Pharmaco-Clinical Intelligence synthesizes and analyzes healthcare data from multiple sources to pinpoint patients at high risk of deterioration and preventable hospitalization due to suboptimal medication management. The SaaS solution also proactively suggests immediate and actionable interventions to reduce polypharmacy risks, and aids healthcare providers in monitoring patients' progress and measuring the impact of clinical interventions. Additionally, by using FeelBetter, provider organizations can more effectively and efficiently allocate resources to better serve patients, and minimize preventable, costly use of healthcare services.
"FeelBetter's algorithm has been trained on two decades of longitudinal clinical, pharmacy, claims, and lab data from hundreds of thousands of patients to find patterns in the complex connections and relationships between disparate data sources," said Michael Kerbis, Founding Partner, Random Forest VC. "When taken together, these patterns can capture the full picture of a patient's health journey, enabling FeelBetter to predict which individuals are at the greatest risk of adverse events related to suboptimal medication regimens and recommend timely clinical interventions to drive better health outcomes."
Eran Lerer, CEO and Managing Partner, Shoni Health Ventures, said: "From risk stratifying patients to preventing adverse events so patients can safely stay in their communities, FeelBetter offers a proven, end-to-end solution for the suboptimal medication management problem. It's a groundbreaking tool that is poised to change how the medical community approaches polypharmacy, and we're thrilled to take part in this important transformation."
Keren Kopilov, Partner, Firstime Ventures, added: "By incorporating the expertise of physicians and clinical pharmacists, as well as leveraging data from all relevant sources, FeelBetter provides a solution that is uniquely comprehensive. It intuitively fits into clinical workflows and enables optimized medication management at unparalleled speed and scale. We look forward to leveraging our expertise to support FeelBetter's mission and continued growth as it meets the tremendous opportunities ahead."
About FeelBetter
FeelBetter is the pioneer of Pharmaco-Clinical Intelligence, changing the polypharmacy paradigm on both an individual and population health level with a comprehensive solution designed to tackle the challenges associated with suboptimal medication management. Powered by AI and machine learning capabilities, FeelBetter's Pharmaco-Clinical Intelligence drives personalized medication management, helping healthcare professionals ensure that their patients' medication regimens are safe, effective, and appropriate. The technology pinpoints patients at high risk of deterioration and preventable hospitalization due to suboptimal medication management, and proactively suggests immediate and actionable interventions to reduce these risks. Provider organizations use FeelBetter to monitor their patients' progress and more proactively deliver the right follow-up care, as well as to efficiently allocate resources and minimize preventable, costly use of healthcare services.
Led by an interdisciplinary team of clinicians, clinical pharmacists, and technologists, FeelBetter is headquartered in Boston and Tel Aviv, Israel. Investors include Firstime Ventures, Shoni Health Ventures, Triventures, Random Forest VC, The Group Ventures, and GoodCompany Ventures. To learn more, visit feelbetter.healthcare.
Media Contact
Nicole Pariser
nicole@i-feelbetter.com
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SOURCE FeelBetter | https://www.wistv.com/prnewswire/2023/07/31/feelbetter-raises-59m-optimize-personalize-medication-management-polypharmacy-patients/ | 2023-07-31T13:17:24 | 0 | https://www.wistv.com/prnewswire/2023/07/31/feelbetter-raises-59m-optimize-personalize-medication-management-polypharmacy-patients/ |
SINGAPORE, July 31, 2023 /PRNewswire/ -- Asia Innovations Group (ASIG) announced today that its Technology Center of Excellence (TCE) is now fully operational after five months of rigorous testing and development. The TCE's official launch marks a significant milestone in ASIG's ongoing AI development.
The TCE is an AIGC-centric engineering shared services hub that unites a skilled team of technical specialists, product experts, project managers, and a Machine Learning Operations (MLOps) platform. Based on Ray Serve, MLflow, K8s and ASIG's self-built hybrid cloud, the MLOps platform has gathered an extensive assortment of both open-source and proprietary AI models, enabling engineers, product developers, and professionals in operations and marketing to seamlessly access the platform via API interfaces.
ASIG has been at the forefront of adopting AI and has heavily invested in AI technologies in recent years. By providing multimodal models and solutions for natural language processing and computer vision, the TCE has enabled ASIG to accelerate the development of AI technologies across a wide range of applications.
The TCE has strengthened ASIG's e-commerce capabilities by utilizing Stable Diffusion technology. With this technology, users can match clothes with models while streamlining image processing and reducing production costs. Even with granular features such as model head swapping and skin changing, AI image extraction is exceptionally fast, delivering 100 images in just five seconds. Additionally, SEO copywriting generates marketing content for 3C products by simply inputting keywords and SKU information, helping to reduce promotion costs, increase product exposure, and boost organic traffic.
The TCE has also enhanced Orbit, ASIG's new social discovery product, by incorporating large language models that enable users to engage in conversations and play games with Obi, an AI-powered chatbot. These models provide for other innovative features such as icebreaking during one-on-one chats between users, as well as an in-app text-to-image tool that allows users to produce captivating images that express their emotions, ideas, and thoughts in a creative and personalized fashion. In essence, these enhancements strengthen genuine connections and elevate the overall user experience on the platform.
"The TCE showcases our strong capabilities in AIGC application, as well as our unwavering commitment to create innovative, impactful products," said Ouyang Yun, Chairman and CEO of ASIG. "AI is not just a new technology, it has the power to better connect people and positively impact users worldwide."
Finally, the TCE increases ASIG's operational efficiency by providing AI-powered administrative and financial services internally. This strengthens the company's overall functionality and streamlines its processes.
About Asia Innovations Group
Asia Innovations Group (ASIG) is a global leader in the mobile social industry, serving over 700 million registered users in over 150 regions worldwide as of July 2023. With eighteen offices around the globe, ASIG leverages its proven record of innovation, cutting-edge technology, scalable infrastructure, and global insights with local expertise in emerging markets to deliver stakeholder value based on the most exciting trends and growth opportunities in the social marketplace. ASIG has built a comprehensive and diverse portfolio since its founding in 2013, including leading apps such as Uplive, the global live video platform; CuteU and Lamour, the dominant dating apps in emerging markets; as well as other fast-growing voice and game-based live social apps. ASIG continues to be focused on integrating emerging technologies, including the latest AI applications, into all of its products to achieve its mission of enriching people's lives through innovative and enjoyable social products that foster meaningful human connection.
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SOURCE Asia Innovations Group | https://www.wsaz.com/prnewswire/2023/07/31/asigs-technological-center-excellence-advances-ai-applications-with-unparalleled-innovation/ | 2023-07-31T13:17:24 | 1 | https://www.wsaz.com/prnewswire/2023/07/31/asigs-technological-center-excellence-advances-ai-applications-with-unparalleled-innovation/ |
FREIT Board Committed to Protecting Value for All Stockholders
Highlights Kushner's Transaction Record with FREIT and Ongoing Litigation with Kushner
HACKENSACK, N.J., July 31, 2023 /PRNewswire/ -- First Real Estate Investment Trust of New Jersey, Inc. ("FREIT" or the "Company") (OTCM: FREVS) today announced that its Board of Directors has unanimously adopted a stockholder rights plan (the "Rights Plan") following evaluation and consultation with the Company's legal and financial advisors.
The Rights Plan is similar to plans adopted by other publicly traded companies incorporated in Maryland and is intended to protect the long-term interests of FREIT stockholders and to enable them to realize the full potential value of their investment. The Rights Plan has a three-year duration and the rights will be exercisable only if any person (or any persons acting as a group) acquires 10% or more of FREIT common stock. This ownership limitation better aligns FREIT with the ownership limitation of other REITs.
The Rights Plan does not preclude the Board from considering an offer that recognizes the full value of the Company. Rather, the Rights Plan will reduce the likelihood that any entity, person or group gains control of FREIT without paying an appropriate control premium. Importantly, the Rights Plan provides the Board with adequate time to fully assess its options following its receipt of an unsolicited, non-binding expression of interest from K Corp Acquisitions LLC, a Kushner company, to acquire FREIT.
While the Board will always evaluate credible proposals to maximize stockholder value, it is mindful that Charles Kushner has proven not to be a bona fide counterparty in a prior potential transaction with FREIT. As such, the Board believes any definitive agreement with Charles Kushner would carry significant, atypical closing and additional litigation risk.
The Rights Plan will benefit FREIT stockholders by providing the Company with enough time to pursue a final outcome in the previously announced ongoing litigation with Sinatra LLC, a Kushner company, related to Kushner's abandonment of a January 2020 definitive agreement to acquire certain of FREIT's assets. Following the outcome of the litigation, the Board will have greater flexibility to consider a value-maximizing transaction.
Additional Details of the Rights Plan
In connection with the adoption of the Rights Plan, the Board of Directors declared a dividend distribution of one preferred stock purchase right for each outstanding share of FREIT common stock to stockholders of record as of the close of business on August 11, 2023. Initially, these rights will not be exercisable and will trade with the shares of FREIT common stock.
The Rights Plan provides several recognized stockholder protections, such as the following:
- Under the Rights Plan, the rights generally will become exercisable if a person or group becomes an "acquiring person" by acquiring 10% or more of the common stock of FREIT (which includes stock subject to a derivative transaction or an acquired derivative security) or if a person commences a tender offer that could result in that person becoming an "acquiring person".
- If a person becomes an "acquiring person," each holder of a right (other than the acquiring person) would be entitled to purchase, at the then-current exercise price, such number of shares of common stock (or, subject to the terms of the Rights Plan, shares of preferred stock that are equivalent to shares of FREIT common stock) at a 50% discount. If FREIT is acquired in a merger or other business combination transaction after any such event, each holder of a right would then be entitled to purchase, at the then-current exercise price, shares of the acquiring company's common stock at a 50% discount. The Board, at its option, may exchange on a cashless basis, each right (other than rights owned by the acquiring person that have become null and void) in whole or in part, at an exchange ratio of one share of FREIT common stock per outstanding right, subject to adjustment.
- The Rights will expire in three years on July 31, 2026, unless the rights have been previously redeemed or exchanged by the Board of Directors in accordance with the terms of the Rights Plan.
Under the Rights Plan, any person, entity or group that currently owns more than the triggering percentage may continue to own its shares of FREIT common stock but may not acquire any additional shares of common stock, or form a group with another owner of FREIT common stock, without triggering the Rights Plan.
Additional details about the Rights Plan will be contained in a Current Report on Form 8-K to be filed by FREIT with the Securities and Exchange Commission.
Advisors
Goldman Sachs & Co. LLC is acting as financial advisor to FREIT and Goodwin Procter LLP and Miles & Stockbridge P.C. are acting as legal counsel.
About FREIT
First Real Estate Investment Trust of New Jersey, Inc. is a publicly traded (over-the-counter – symbol FREVS) REIT organized in 1961. Its portfolio of residential and commercial properties are located in New Jersey and New York, with the largest concentration in northern New Jersey. For more information, visit: www.freitnj.com.
Forward-Looking Statements
This Company release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other federal securities laws. These forward-looking statements can be identified by the use of words such as "expect," "plan," "will," "estimate," "project," "intend," "believe," "guidance," "approximately," "anticipate," "may," "should," "seek" or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate to historical matters. You can also identify forward-looking statements by discussions of strategy, plans or intentions of management. These forward-looking statements are subject to known and unknown risks and uncertainties that you should not rely on as predictions of future events. Forward-looking statements depend on assumptions, data and/or methods which may be incorrect or imprecise and we may not be able to realize them. The following risks and uncertainties, among others, could cause actual results to differ materially from those currently anticipated due to a number of factors, which include, but are not limited to: industry and economic conditions; the Company's ability to satisfy the conditions to closing and complete the proposed transaction; the Company's dependence upon its external manager to conduct its business and achieve its investment objectives; unknown liabilities acquired in connection with acquired properties or interests in real estate-related entities; general risks affecting the real estate industry and local real estate markets (including, without limitation, the market value of the Company's properties, potential illiquidity of the Company's remaining real estate investments, condemnations, and potential damage from natural disasters); the financial performance of the Company's tenants; the impact of any financial, accounting, legal or regulatory issues or litigation that may affect the Trust and its major tenants; volatility and uncertainty in the financial markets, including potential fluctuations in the consumer price index; risks associated with the Company's failure to maintain status as a REIT under the Internal Revenue Code of 1986, as amended; and other additional risks discussed in the Company's annual report on Form 10-K for the fiscal year ended October 31, 2022. The Company expressly disclaims any responsibility to update or revise forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Media & Investor Contact
Scott Bisang / Nick Lamplough / Jack Kelleher
Collected Strategies
FREIT-IR@collectedstrategies.com
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SOURCE First Real Estate Investment Trust of New Jersey | https://www.wistv.com/prnewswire/2023/07/31/first-real-estate-investment-trust-new-jersey-inc-adopts-stockholder-rights-plan/ | 2023-07-31T13:17:31 | 1 | https://www.wistv.com/prnewswire/2023/07/31/first-real-estate-investment-trust-new-jersey-inc-adopts-stockholder-rights-plan/ |
Good morning. You're reading the Up First newsletter. Subscribe here to get it delivered to your inbox, and listen to the Up First podcast for all the news you need to start your day.
Today's top stories
A massive bombing at a political rally near the Pakistan-Afghanistan border killed at least 54 and wounded nearly 200 on Sunday. NPR's Diaa Hadid says the attack spotlights how "violence has been spilling over into Pakistan since the Taliban seized Afghanistan nearly two years ago."
The Taliban has been killing suspected Islamic State fighters in Afghanistan, and the Islamic State has been fighting back, Hadid says on Up First this morning. But she says this attack was "politically sensitive" because the targeted party is part of the current Pakistani government coalition. Pakistan is preparing for elections this fall, and Hadid reports that the stakes are high, as voting will be difficult if political parties are targeted like this.
Ukrainian forces have recaptured the southeastern village of Staromaiorske during their counteroffensive against Russia.
A Ukrainian soldier tells NPR's Joanna Kakissis that progress has been slow and hard-fought, but reclaiming the village was a strategic win, as it's one line of attack that aims to cut off Russia's resupply routes. Russia has also blamed Ukraine for recent drone attacks. Though Ukraine hasn't officially claimed responsibility, Zelenskyy has said the drone attacks are "absolutely fair" considering Russia's attacks.
The shipping company Yellow is expected to file for bankruptcy as early as today. The move would put some 30,000 jobs at stake, according to the Teamsters union. Yellow received a $700 million federal loan and was deemed essential to national security during the pandemic. Here's everything we know about the situation so far.
The expected shutdown would be the largest trucking bankruptcy in U.S. history, an analyst tells NPR's Camila Domonoske. Legal filings say the Teamsters union intentionally "triggered a death spiral" by blocking Yellow's restructuring efforts and scaring away customers with threats of a strike. The Union blames gross mismanagement at the company. Domonoske adds that a Congressional Oversight Board raised red flags about the loan given to Yellow and why it was deemed essential.
Ashley Hemmers, the tribal administrator for the Fort Mojave Indian Tribe, got heatstroke while driving to a meeting to present her people's concerns about climate change. She didn't make the meeting, but tells NPR's Leila Fadel how climate change is impacting indigenous communities.
"For us, it's one of the highest threats," she says on Morning Edition. "If we keep extracting from our environment, it won't just be heat stroke and second and third-degree burns — it's going to be losing people's lives."
Picture show
The Metropolitan Museum of Modern Art (MoMA) in New York City is showcasing work from living West African artists for the first time as part of an ongoing series the museum says will focus on "specific art scenes across the globe." The current collection of photographs captures the colonial past, beautiful beaches and boisterous protests of Lagos, Nigeria. The exhibition runs through Sept. 16. Check out some of the photographs if you can't make it.
Life advice
When Keisha "TK" Dutes lost her cat Feisty Misses Peabody, she wasn't prepared for the grief she felt. She spoke with her friend Alexander Hardy about how to cope with pet loss.
Give yourself space and time to process the loss.
Don't go through it alone, and find a way to channel your grief.
Don't forget the good times, and honor your pet in a way that resonates with you.
3 things to know before you go
Soccer fans in Malawi might see a person dressed as a colorful tsetse fly on the field. But it's not a team mascot — the fly's performance teaches residents about sleeping sickness.
Scientists revived a tiny roundworm frozen in the Siberian permafrost for 46,000 years. The remarkable discovery could help researchers understand how other animals adapt to extreme temperatures.
Jeffrey Gibson, a multimedia artist who fuses together American, Native American and queer perspectives in visual culture, will be the first Indigenous artist to represent the U.S. at the 2024 Venice Biennale, a prestigious international arts event. | https://www.kasu.org/2023-07-31/up-first-briefing-pakistan-bombing-yellow-trucking-meltdown-grieving-pet-loss | 2023-07-31T13:17:33 | 0 | https://www.kasu.org/2023-07-31/up-first-briefing-pakistan-bombing-yellow-trucking-meltdown-grieving-pet-loss |
BOSTON, July 31, 2023 /PRNewswire/ -- On July 25, 2023, Fosun Health Capital established by Fosun Pharma (stock code:600196.SH), reached a strategic partnership with Medicilon (stock code: 688202.SH). Meanwhile StarMab Biology (Suzhou) (jointly invested by the innovation drug research fund of Fosun Group and Yaopharma) and Medicilon entered into a strategic cooperation for innovative drug IND research and application services. This strategic partnership indicates a significant step forward in the cooperation between Fosun Health Capital and Medicilon, with milestone for both parties' development.
Cui Zhiping, Co-CEO and General Manager of Fosun Health Capital, Chen Chunlin, Founder and CEO of Medicilon, along with members from both sides attended the signing ceremony together and witnessed the contract.
According to the strategic cooperation agreement, Medicilon will leverage its international perspective and rich experience in R&D to provide innovative drug enterprises invested by Fosun Health Capital with services，such as drug discovery, pharmaceutical research, preclinical research, IND registration declaration, etc., aiming to facilitate cooperation in 10 innovative drug IND projects. Medicilon will also provide professional opinions on the rationality of product development clinical programs, product success probability analysis, product market potential, etc.
Furthermore, Medicilon will facilitate investment cooperation and create an ecosystem linking innovative drug investment and business cooperation. As for StarMab Biology, Medicilon will provide comprehensive and high-quality preclinical research services. Through this strategic cooperation, all parties will integrate respective technology, market and talent advantages, embrace the trends and technological changes in bioengineering and pharmaceutical industry, promote deeper and broader exploration in various fields, and explore the possibilities of new drug development.
About Fosun Health Capital:
As the first VC fund in the field of new drugs initiated by Fosun Pharma, Fosun Health Capital primarily invests biopharmaceutical sector projects in early-stage and expansion-stage, which have technological innovation and rapid growth potential. It is committed to incubating high-quality projects from universities and research institutes and introducing leading overseas biotechnology technologies and products to China through introduction and cooperation models.
About Medicilon:
Medicilon as an integrated CRO provides comprehensive one-stop R&D services for pharmaceutical enterprises and scientific research institutions around the world. Medicilon has built an integrated platform covering key technologies in drug discovery, pharmaceutical research, and preclinical research, to provide comprehensive preclinical R&D services for the global biomedical industry.
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SOURCE Medicilon Inc. | https://www.wistv.com/prnewswire/2023/07/31/fosun-health-capital-reached-cooperation-agreement-with-medicilon-explore-innovative-drug-research-development-together/ | 2023-07-31T13:17:37 | 1 | https://www.wistv.com/prnewswire/2023/07/31/fosun-health-capital-reached-cooperation-agreement-with-medicilon-explore-innovative-drug-research-development-together/ |
50% Off Glasses Sitewide from July 31 to August 14 for All
DTC Vision Products Startup Helps You See Easy with a New Pair of High-Quality, Impact-Resistant, and Anti-Scratch Handcrafted Glasses
New York, July 31, 2023 /PRNewswire/ -- As the 2023 school year approaches, Hubble Contacts, the leading direct–to–consumer brand providing high-value and affordable daily contact lenses, eyeglasses, sunglasses, and other eye care accessories, is excited to announce the launch of its Back-to-School See Easy, See More campaign, celebrating the kickoff of the new school year.
Recognizing the immense dedication and effort put forth by teachers, Hubble Contacts wants to show appreciation and support for their essential role in shaping the future of our world.
Starting July 31, the first 100 teachers to submit a photo of their current teacher ID badge or LinkedIn profile URL to teachers@hubblecontacts.com will receive a promo code that can be redeemed for a free pair of high-quality, impact-resistant and anti-scratch handcrafted prescription glasses.
Teachers will receive a complimentary pair of Hubble's stylish, durable frames to help them see their students through the entire school year. This exclusive giveaway, valued between $78-$138, depending on the add-on features, will run for two weeks only or until supplies last.
Don't fret if you didn't get a pair of glasses in time, as Hubble Contacts has got everyone covered with a 50% off discount on all eyeglasses.
Hubble's handcrafted prescription eyeglasses start at just $78, making them an affordable and stylish choice for everyone. With features such as anti-reflective, anti-glare, anti-scratch, hydrophobic, and oleophobic coatings, along with optional add-ons like reader magnification and blue light filtering, Hubble's eyeglasses offer exceptional functionality and versatility.
Students, parents, or anyone looking for a new pair of glasses can use the promo code "BACKTOSCHOOL50" at checkout from July 31 through August 14 to take advantage of this offer.
"Back to school is the perfect time to invest in a new pair of eyeglasses. And at Hubble, we aim to make this buying experience as hassle-free and as affordable as possible for you," said Steve Druckman, CEO of Hubble Contacts. "This campaign is our way of showing our support in helping you cross a new pair of eyeglasses off your new school year checklist."
Hubble's frames are proudly designed in the U.S., meticulously crafted with premium materials, and come with a tri-fold Hubble frames case and microfiber lens cloth. The glasses feature impact-resistant lenses, durable barrel hinges, and padded temple tips, ensuring durability and comfort.
The See Easy, See More Back-to-School campaign will be promoted on Hubble Contacts website, Instagram, through email marketing and PR.
For more information, please visit Hubble Contacts' website at www.hubblecontacts.com or follow us on Instagram.
SEE EASY, SEE MORE BACK-TO-SCHOOL GIVEAWAY TERMS + CONDITIONS:
- Entries must be received by midnight Pacific Time on August 14, 2023 to be eligible.
- No purchase is necessary.
- Entrants must be teachers in the U.S.A. and at least 18 years old.
- One entry per person.
- Hubble employees and their family members are not eligible.
- Winners will be notified by email beginning July 31 through August 14, 2023, or until supplies last.
MEDIA CONTACT:
Hubble@lvpr.com
ABOUT HUBBLE CONTACTS:
Founded in 2016, Hubble Contacts is on a mission to create the easiest, most accessible, and most affordable contact lens and glasses buying experience in the world. Leveraging its vision care expertise and passion for customer service, Hubble offers high-quality, made-to-order daily wear contact lenses, eyeglasses, sunglasses, and other eye care accessories direct-to-consumers nationwide. To date, Hubble has sold over 400 million lenses.
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SOURCE Hubble Contacts | https://www.wsaz.com/prnewswire/2023/07/31/attention-teachers-hubble-contacts-is-giving-away-free-eyeglasses-educators-this-back-to-school-season/ | 2023-07-31T13:17:38 | 0 | https://www.wsaz.com/prnewswire/2023/07/31/attention-teachers-hubble-contacts-is-giving-away-free-eyeglasses-educators-this-back-to-school-season/ |
RANT to those who speak loudly while conducting business in public or in their yards, please take note. Your neighbors don’t want to know what is happening in your office, with your clients or your students — especially those who are suicidal. Shame on you for breaching your company ethics code. Office space is created to provide privacy. If you insist on working from home, please move back inside. Your voices carry.
RAVE and thanks to the folks at Seattle Parks and Recreation who maintain Volunteer Park. It is such a gem and you do a fabulous job keeping it nice for us all to enjoy.
RAVE to the good people at a seafood market on Rainier Avenue for returning my lost wallet to my house, and for offering wonderful seafood from a locally owned business with deep Seattle roots. | https://www.seattletimes.com/life/lifestyle/rant-and-rave-reader-prompts-others-to-be-mindful-of-where-they-take-calls/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all | 2023-07-31T13:17:38 | 0 | https://www.seattletimes.com/life/lifestyle/rant-and-rave-reader-prompts-others-to-be-mindful-of-where-they-take-calls/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all |
(The Hill) – Dozens of former Cabinet officials under former President Trump’s administration declined to publicly support the former president’s third bid for the White House, NBC News reported.
NBC News reached out to 44 people who previously served in Trump’s Cabinet during his four years in office to gauge whether they would support the former president during the 2024 presidential election. The outlet reported that most of the people declined to comment or ignored the requests and that only four said publicly they would support Trump for the presidency.
Trump’s Cabinet saw a higher rate of turnover compared with many of his predecessors, with many new officials rotating in and out of his administration over the four years. The only four former Cabinet members who NBC News reached out to who said they would support Trump are former acting Attorney General Matthew Whitaker, former chief of staff Mark Meadows, former Office of Management and Budget (OMB) director Russell Vought and former acting director of national intelligence Richard Grenell.
A spokesperson for Meadows told NBC News that he “fully” supports Trump. In May, Vought posted on X, the site formerly known as Twitter, that the former president is “the only person I trust to take a wrecking ball to the Deep State.”
Other former administration officials were reluctant to support Trump or have publicly said they will not support him. Former Attorney General Bill Barr told NBC News that he opposes Trump getting the 2024 GOP nomination but declined whether to say he would support him in the general election if pitted against President Biden.
Top Stories from The Hill
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- Murphy says Alito’s Supreme Court seat ‘exists only because of an act passed by Congress’
- Trump attorney calls him ‘the most ethical American I know’ in wake of superseding indictment
Former chief of staff Mick Mulvaney also said that he does not want Trump to get the Republican nomination for president.
“I am working hard to make sure that someone else is the nominee,” Mulvaney told NBC News. “I think he’s the Republican who is most likely to lose in a general election, of all our leading candidates. If anyone can lose to Joe Biden, it would be him.”
Other former officials who have not endorsed Trump yet include former Secretary of State Mike Pompeo, former Defense Secretary Patrick Shanahan, former chief of staff John Kelly and Joseph Maguire and Dan Coats, who each once served as director of national intelligence. Coats told NBC News that he would be supporting former Vice President Mike Pence for the GOP primary.
The Hill has reached out to Trump’s campaign for comment. | https://www.cbs42.com/news/national/dozens-of-former-trump-cabinet-officials-wont-publicly-support-his-2024-bid/ | 2023-07-31T13:17:43 | 0 | https://www.cbs42.com/news/national/dozens-of-former-trump-cabinet-officials-wont-publicly-support-his-2024-bid/ |
New video spot, "Dear Kitten: Modern Technology" finds Grey Cat and Orange Kitten all grown up and dealing with the digital age.
ST. LOUIS, July 31, 2023 /PRNewswire/ -- Dear reader, are you ready for adorable internet feline nostalgia? Friskies, the popular cat food and treat brand, has launched the revival of the playful 'Dear Kitten' series, which took the internet by storm when it was first released nearly 10 years ago. In partnership with BuzzFeed, the new installment, titled 'Dear Kitten: Modern Technology,' takes a humorous look at how technology has evolved over the years through the eyes of the original wise and experienced narrator, Grey Cat, while highlighting the special bond between humans and their feline companions.
Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9185151-purina-friskies-buzzfeed-dear-kitten-campaign-video/
In 'Modern Technology,' Grey Cat, voiced again by Ze Frank, shares valuable insights with Orange Kitten, now referred to as Orange Cat, as they navigate the rapidly changing landscape of modern devices. The video takes viewers on a comical journey, showcasing the entertaining and often perplexing situations cats experience when faced with today's advanced technology – including another daring encounter with Vacuum.
"It's been nearly a decade since you've heard from me, which I'm sure has been tough for you," said Grey Cat. "Although I am now older, I am also even wiser – like a furry sensei. I've witnessed advancements in technology that have both fascinated and bewildered me, so, it is once again my duty to get Orange Cat (and you, my feline friends) up to speed on the facts about this great big, weird world. Buckle up."
The original 'Dear Kitten' series, which captivated audiences with its witty storytelling, amassed hundreds of millions of views and resonated with pet lovers worldwide. The collaboration between Friskies and BuzzFeed provided an opportunity to once again create engaging and entertaining content that celebrates the unique bond between humans and their pets.
"Friskies is all about providing your cat with variety to feed their playfulness and curiosity, and with 'Dear Kitten', we brought that same playful spirit to life for cat lovers," said Kelly Roberts, Purina Brand Manager. "As we approach the 10-year anniversary of the original series, it felt like the perfect time to check-in to see what life is like today for our favorite feline duo and welcome a new generation of cat lovers into the 'Dear Kitten' family."
The 'Modern Technology' video was officially released on July 27, 2023, on BuzzFeed. The next video installment, titled 'Day in the Life of an Influencer' will be released later this Summer. To stay updated on the series visit BuzzFeed's official channels or follow Friskies on social media.
About Nestlé Purina PetCare
Nestlé Purina PetCare creates richer lives for pets and the people who love them. Founded in 1894, Purina has helped dogs and cats live longer, healthier lives by offering scientifically based nutritional innovations. Purina manufactures some of the world's most trusted and popular pet care products, including Purina ONE, Pro Plan, Friskies and Tidy Cats. Our more than 10,000 U.S. associates take pride in our trusted pet food, treat and litter brands that feed 46 million dogs and 68 million cats every year. More than 500 Purina scientists, veterinarians, and pet care experts ensure our commitment to unsurpassed quality and nutrition.
Purina promotes responsible pet care through our scientific research, our products and our support for pet-related organizations. Over the past five years, Purina has contributed more than $150 million towards organizations that bring, and keep, people and pets together, as well as those that help our communities and environment thrive.
Purina is part of Nestlé, a global leader in Nutrition, Health and Wellness. For more information, visit purina.com or subscribe here to get the latest Purina news.
About BuzzFeed, Inc.
BuzzFeed, Inc. is home to the best of the internet. Across food, news, pop culture and commerce, our brands drive conversation and inspire what audiences watch, read, buy, and obsess over next. Born on the internet in 2006, BuzzFeed, Inc. is committed to making it better: providing trusted, quality, brand-safe news and entertainment to hundreds of millions of people; making content on the internet more inclusive, empathetic, and creative; and inspiring our audience to live better lives.
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SOURCE Friskies® | https://www.wistv.com/prnewswire/2023/07/31/friskies-buzzfeed-reboot-dear-kitten-hit-video-series-after-nearly-decade/ | 2023-07-31T13:17:43 | 0 | https://www.wistv.com/prnewswire/2023/07/31/friskies-buzzfeed-reboot-dear-kitten-hit-video-series-after-nearly-decade/ |
SEATTLE, July 31, 2023 /PRNewswire/ -- Avalara, Inc., a leading provider of cloud-based tax compliance automation for businesses of all sizes, today announced the appointment of channel leader Meg Higgins as SVP of Global Partners.
In her new expanded role, Higgins will be responsible for growing Avalara's channel and technology partner business to deliver a best-in-class experience. Higgins has been at Avalara for four years and most recently served as VP and GM of Global Partner Business Development and Strategy at Avalara and oversaw the acquisition of new partners and commercial negotiations. Prior to that she was the company's VP and GM of Ecommerce and Global Marketplaces and expanded Avalara's presence in the space by establishing partnerships with the world's leading ecommerce and marketplace platforms.
With more than 20 years of experience in the technology sector, Higgins has successfully led and scaled business development and channel programs for companies in the ecommerce and shipping industries. Her experience includes more than a decade of leadership roles at Pitney Bowes, where she co-founded the company's global ecommerce business unit and served as SVP of client and partner management for North America.
"Meg is critical to growing and scaling Avalara's worldwide partner program and has an outstanding track record at our company," said Kimberly Deobald, Chief Revenue Officer at Avalara. "Her deep understanding of our business model and the channel will strengthen how we work with our existing partners, engage with new partners, and deliver industry-leading tax compliance automation to our mutual customers."
The appointment of Higgins follows the April 2023 announcement of Sean Flynn as the company's SVP of Global Sales, who leads the company's go-to-market sales teams.
About Avalara
Avalara makes tax compliance faster, easier, more accurate, and more reliable for 30,000+ business and government customers in over 90 countries. Tax compliance automation software solutions from Avalara leverage 1,200+ signed partner integrations across leading ecommerce, ERP, and other billing systems to power tax calculations, document management, tax return filing, and tax content access. Visit avalara.com to improve your compliance journey.
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SOURCE Avalara, Inc. | https://www.wsaz.com/prnewswire/2023/07/31/avalara-appoints-meg-higgins-senior-vice-president-global-partners/ | 2023-07-31T13:17:44 | 1 | https://www.wsaz.com/prnewswire/2023/07/31/avalara-appoints-meg-higgins-senior-vice-president-global-partners/ |
Travel Troubleshooter
Travel is officially back this summer — and along with it, all the high prices and headaches that make it unbearable.
“Travel is chaotic this summer,” says Sasha Gainullin, CEO of the travel insurance company battleface. “And travelers are looking for ways to handle the chaos.”
Fortunately, there are some new expert summer travel survival strategies that can help you get through it.
For example, battleface just teamed up with AirHelp, a claims management company for air travelers, to create a travel insurance plan that pays you for every flight delay. The new program, AirPayout, sends you $110 if your airline delays you for three hours or more, cancels your flight within a week of your departure or diverts your flight. That’s on top of any compensation your airline offers.
“Call it what you will — the post-COVID travel bump, revenge travel or the new normal — but it seems like everyone is traveling right now,” says Christina Tunnah, general manager of marketing and brands for World Nomads.
Travel insurance companies may be on to something. But this summer’s biggest pain points — crowds, delays and high prices — will require more than a good policy. I have some pro advice on handling these problems. And in a moment, I’ll give you a tip that no other travel columnist dares to suggest.
How to manage the summer crowds
When everyone wants to go to Ocean City, Md.; Galveston, Texas; or Catalina, Calif., at the same time, crowds are inevitable.
You can avoid the throngs of visitors by choosing a contrarian destination. Consider a place in Florida’s northwest Gulf Coast, such as Destin, Fort Walton Beach or Panama City, which saw record visitors during the pandemic. It has some of the prettiest beaches in the world, with white sand and turquoise water. But it’s also within driving distance of big cities such as Nashville, Tenn., and Atlanta. When the pandemic ended, people wanted to go farther — and the crowds thinned.
David Demarest, a spokesperson for The St. Joe Co., a land development company in Panama City Beach, Fla., says driving vacations are a great opportunity to avoid crowds and save money.
“With the growing uncertainties and expenses associated with air travel this year, maybe travelers should once again focus on destinations within driving distance,” he told me.
My favorite expert strategy for avoiding crowds is smart timing. Even on the busiest days during peak season, you can still find moments of serenity in the early morning. Try visiting the hotel breakfast buffet at 6:30 a.m., and you’ll find a cheerful staff eager to help you. At 10 a.m., not so much.
And that crowded beach is practically abandoned at sunrise, which is also one of the best times for a long walk.
What can you do about delays?
Delay rage is a thing this summer. But it doesn’t have to be your thing.
If you still haven’t booked your tickets for your summer vacation (you’re a little late, by the way), there are a few things you can do to make your trip less delay-prone.
First, you can easily find out if your desired flight is delay-prone. Some online travel agencies display that information next to the flight. If they don’t, just look up the flight number on FlightAware, which shows the average delay. You can find the historical actual departure and arrival times, as well as the flight duration, at the bottom of the screen. Compare those to the scheduled times and duration, displayed at the top, for that day’s flight.
As a general rule, the earlier you leave, the better. The first flight of the day is less likely to be delayed. Start a road trip at the crack of dawn and you’ll be at your destination before rush hour. If you’re not sure, you can always talk to a qualified travel consultant. I have a free guide on how to find the best travel adviser on my consumer advocacy site, Elliott.org.
Also, look for maximum flexibility, not just for flights, but also hotels and tours.
“Find a trusted partner with a flexible cancellation policy to allow for some added peace of mind,” advises Adam Lawless, a spokesperson for Viator. With all the summer delays, you don’t want to be locked into an appointment you can’t keep.
How about high prices?
Even though the price of air travel has fallen since late spring, it’s still high. Domestic airfares averaged $284 for the first half of the year, which is the highest in recent memory. Average daily room rates are up slightly from last year’s record levels ($156 per night). Bottom line: Travel is not cheap.
If you’re not sure if this is a good time to book, you can get some peace of mind by using CheapAir.com’s Price Drop Payback. It reimburses travelers up to $100 if the price of their ticket drops after their purchase. And this may be the summer to use it. “The later you can travel in the summer, the bigger the bargains,” says Jeff Klee, CEO of CheapAir.com.
Another problem is that people will spend lots of money on airfare and hotels and then try to pinch pennies on activities like tours and restaurant meals. But if you do that, what’s the point of traveling? A much better strategy is to find a more affordable destination where you can stretch your dollar.
It doesn’t even have to be in the United States. I’m in Thailand, where the exchange rate makes the entire country as affordable as it’s ever been. It is also shoulder season — technically, monsoon season — so many hotels have availability.
Bottom line: This summer is not the time to save money on travel unless you can get creative. Consider a less expensive destination.
My unconventional advice: Delay that trip!
I told you I had some unusual advice for you, and here it is: If you want to survive summer travel, don’t go now. Everyone else is trying to hit the beach, visit a national park or tour a popular museum. Your best travel strategy is avoidance.
I know, I know. A travel columnist telling you not to travel. But honestly, I’ve never seen it like this. If you can delay your trip until early September, you’ll avoid crowds, high prices and what Berkshire Hathaway Travel Protection calls “Airmageddon.”
You can thank me later. | https://www.seattletimes.com/life/travel/traveling-this-summer-heres-how-to-survive-airmageddon-2023/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all | 2023-07-31T13:17:44 | 1 | https://www.seattletimes.com/life/travel/traveling-this-summer-heres-how-to-survive-airmageddon-2023/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all |
(NEXSTAR) – When it comes to retirement, where you live can greatly affect just how golden your post-career years actually are.
A new study from Bankrate ranks all 50 U.S. states when it comes to affordability, overall well-being, healthcare quality/cost, weather and crime. With soaring inflation and a volatile stock market, affordability was given the most statistical weight, with the others decreasing respectively.
Iowa is the best state in which to retire, the study found, thanks to its affordability (3), quality/cost of health care (11) and crime (12).
“Choosing where to retire is deeply personal, but Iowa’s affordable cost of living, inexpensive but high-quality health care and low crime make it a compelling option for retirees looking to stretch their retirement income in this economy,” said Bankrate analyst Alex Gailey. “In our overall ranking, the best and worst states for retirees are split geographically. The Midwest and the South claim the top five states, while the Northeast and West claim the bottom five states, primarily because of the differences in cost of living.”
For some residents nearing retirement in Alaska – ranked 50 out of 50 – New York (49), California (48), Washington (47) and Massachusetts (46), a move toward the middle of the country could pay off, Bankrate’s findings suggest.
While all five of the least favorable states scored poorly when it came to affordability, Alaska also ranked last for weather and 49th for crime.
“For many Americans, a comfortable retirement may feel out of reach,” Gailey said. “After battling elevated inflation over the last two years, relocating to find cheaper housing or a lower cost of living may be a good alternative for retirees who have tighter budgets but want to retire comfortably. If you’re considering a late life move to lower your cost of living in retirement, our rankings provide some food for thought.”
The American Association of Retired Persons (AARP) reports that an increasing number of retirees left their home state to find cheaper housing in 2022.
The annual study from Hire A Helper, an online moving-services marketplace, found that 12% of American retirees moved for that reason in 2022, the highest percentage since 2014.
“That kind of cost consciousness is something we haven’t seen at this level since 2014,” Miranda Marquit, chief data analyst at Hire A Helper, told AARP, citing Census data. | https://www.cbs42.com/news/these-are-the-5-worst-states-to-retire-in-study-finds/ | 2023-07-31T13:17:49 | 0 | https://www.cbs42.com/news/these-are-the-5-worst-states-to-retire-in-study-finds/ |
Success of the Global Premier Fertility Platform Leading to Additional Growth and Expansion
IRVINE, Calif., July 31, 2023 /PRNewswire/ -- Global Premier Fertility, a world-class fertility network that builds, leads, and manages fertility clinics and adjacent businesses announced the closing of a syndicated round of capital from existing investors and a new institutional funding partner, for an undisclosed amount.
The funding will provide Global Premier Fertility the ability to continue its key strategic initiatives for current platform growth and expansion, along with the recruitment of Reproductive Endocrinologists needed for immediate opportunities.
"We're very excited about the success of the platform and the opportunity for growth by expanding our core business through our partnerships with fertility centers and major health systems," said Kolin Ozonian, Founder and CEO of Global Premier Fertility. "As the need for high-quality fertility care continues to grow, we're positioned to address the fertility market demands by leveraging our unique partnership model with the best fertility specialists in the country to provide unrivaled, highly-personalized care."
Global Premier Fertility also recently held its first annual Science and Operations Summit in a private setting in Laguna Beach, CA. The scientific team covered the past, present and future of fertility and embryology science, highlighting the exciting advancements arriving to fertility laboratories in the near future. Ferring Pharmaceuticals also held an interactive session of their proprietary fertility patient experience map, providing keen insights to the challenges patients navigate through their fertility journey.
"Our first annual summit was a great success, notably was the robust discussion and collaboration of best practices regarding patient care and experience, not only from our Global Premier Fertility physicians and team members, but also with the physicians who attended from outside of the Global Premier Fertility network," said Rob Doll, President of Global Premier Fertility. "The summit further highlights the differentiating aspects of what separates Global Premier Fertility from other networks in the fertility industry."
For more information about Global Premier Fertility, please visit https://globalpremierfertility.com/.
About Global Premier Fertility:
Global Premier Fertility offers a unique partnership model through an innovative platform that builds, leads and manages fertility centers, providing physicians the resources needed to lead day-to-day operations while working alongside an experienced fertility leadership team to execute the vision of the practice. The Global Premier Fertility family of Partner Centers improves patient outcomes by providing a seamless patient experience through an innovative, comprehensive suite of services, delivering personalized fertility care from the nation's top specialists.
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SOURCE Albatross Capital Partners | https://www.wistv.com/prnewswire/2023/07/31/global-premier-fertility-closes-syndicated-round-funding-holds-its-first-annual-science-operations-summit/ | 2023-07-31T13:17:50 | 1 | https://www.wistv.com/prnewswire/2023/07/31/global-premier-fertility-closes-syndicated-round-funding-holds-its-first-annual-science-operations-summit/ |
The expansion of permanent jewelry gives even more consumers a new long-term way to express themselves
DALLAS, July 31, 2023 /PRNewswire/ -- Banter by Piercing Pagoda, the jewelry and piercing leader, announces the expansion of its permanent jewelry program. Available in an anklet, bracelet, or whatever curated length the consumer prefers, the new permanent jewelry service offers a customized fit and long-term wear through quick and safe metal welding. The service is now available at 62 Banter by Piercing Pagoda storefronts nationwide — the most of any jewelry retailer.
The expansion of Banter's permanent jewelry offering follows the initial pilot program which received a positive response from consumers. Customers can choose from eight (8) unique chain styles and 12 charms in 14k gold that are then welded together to provide long-term wear. The permanent jewelry experience is available by appointment or walk-ins.
"We are extremely excited to expand our permanent jewelry services to be accessible to more customers nationwide," says Amy Robinson, President of Banter by Piercing Pagoda. "Banter by Piercing Pagoda has been an innovator and pioneer in the jewelry industry through our piercing services and jewelry styles for over 60 years. The expansion demonstrates our continued, strategic effort to be at the forefront of jewelry trends and help customers find their ideal, responsibly sourced pieces to express and celebrate who they truly are."
The permanent jewelry experience will be available at locations in Brooklyn, Charlotte, Columbus, Dallas, Las Vegas, Orlando, Pittsburgh, San Diego, Santa Monica, and more. The full list of Banter permanent jewelry locations may be found online.
The purchase price of chains in the permanent jewelry collection ranges from $80 to $330, with charms starting at $25. Initial use cases show customers gravitating to permanent jewelry for themselves, joint bracelets with their partner or best friend, and bachelorette and wedding parties. For more information, please visit Banter.com.
About Banter by Piercing Pagoda
Banter by Piercing Pagoda is the leader in ear and other piercings. As the nation's largest specialty kiosk retailer, Banter by Piercing Pagoda has a history of serving and satisfying customers with an extensive selection of popularly priced 10K and 14K gold chains, charms, bracelets, rings, and earrings, as well as a variety of silver and diamond jewelry. Visit www.banter.com to view Banter by Piercing Pagoda's latest styles or to find a location near you. Follow us on Facebook, Instagram, Pinterest, and YouTube. Banter by Piercing Pagoda is part of Signet Jewelers Limited, the world's largest retailer of diamond jewelry.
PRESS CONTACT
Lividini & Co.
signet@lividini.com
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SOURCE Banter by Piercing Pagoda | https://www.wsaz.com/prnewswire/2023/07/31/banter-by-piercing-pagoda-expands-its-permanent-jewelry-services-nationwide/ | 2023-07-31T13:17:50 | 0 | https://www.wsaz.com/prnewswire/2023/07/31/banter-by-piercing-pagoda-expands-its-permanent-jewelry-services-nationwide/ |
On Nutrition
Well, that was disappointing. After much anticipation, results of the MIND diet clinical trial, published July 18 in the New England Journal of Medicine, showed … basically nothing. MIND, which stands for Mediterranean-DASH Intervention for Neurodegenerative Delay, includes elements of both the Mediterranean diet and the DASH (Dietary Approaches to Stop Hypertension) diet. It held a lot of promise for preventing Alzheimer’s disease, the most common form of dementia, or at least slowing its progression. What actually happened is that the MIND diet failed to produce statistically significant brain benefits during the three-year trial.
There was every reason to be hopeful that the results would go a different way, that the largely plant-based MIND diet — which includes lots of green leafy vegetables along with berries, nuts, fish and olive oil, while minimizing saturated fat, sugar, and fried or highly processed foods — would produce significantly better results in participants assigned to it. After all, previous epidemiological (observational) studies demonstrated that people who had a MIND-like eating pattern experienced less cognitive decline.
But epidemiological studies can only show us that two things — in this case diet and dementia — are associated. It’s clinical trials that can establish cause and effect, or lack of it. In the MIND diet trial, 604 people age 65 or older were randomly assigned to follow the MIND diet or their usual diet for three years. Participants were cognitively healthy at the start of the trial but had a family history of Alzheimer’s dementia along with a “suboptimal” diet — allowing room for any benefits of adopting the MIND diet to show themselves. Once the results were in, both groups saw similar, slight improvements in cognitive tests, along with similar MRI-measured changes in brain volume.
Unfortunately, now that the MIND diet trial didn’t go as hoped, a number of nutrition scientists and experts are flipping the script and saying, “Well … the epidemiological data says the diet has benefit.” That’s backward, and not how science is supposed to work. In nutrition science, when you notice that people who eat a certain way are less likely to develop a certain health problem, you then design a randomized controlled clinical trial to test the hypothesis that it’s the diet that’s responsible, and not some other factor that those people also have in common, such as higher socioeconomic status or better access to preventive health care.
If I’m disappointed in these results, I can only imagine how the MIND researchers are feeling. Still, pointing to epidemiological studies or saying we needed longer to see if the diet worked just skirts around the truth of what happened: The hypothesis failed. That’s supposed to happen sometimes with science, because not all hypotheses bear fruit, and that’s OK. It’s not OK say the diet would have produced different results given more time when there’s no data to back up that assertion.
The MIND diet has received a lot of publicity, and the nature of Alzheimer’s disease means that many people are disappointed by the results of this clinical trial. People want hope, and no one wants their memory — or that of a loved one — to slip away. But not all diseases can be prevented through the food we eat or the life we live. While a nutritious, plant-rich diet will always provide health benefits, is it possible that for Alzheimer’s disease, an ounce of prevention is simply not worth a pound of cure? | https://www.seattletimes.com/life/wellness/new-clinical-trial-results-dash-brain-health-hopes-for-the-mind-diet/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all | 2023-07-31T13:17:51 | 1 | https://www.seattletimes.com/life/wellness/new-clinical-trial-results-dash-brain-health-hopes-for-the-mind-diet/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all |
DENVER (AP) — As Denver neared triple-digit temperatures, Ben Gallegos sat shirtless on his porch swatting flies off his legs and spritzing himself with a misting fan to try to get through the heat. Gallegos, like many in the nation’s poorest neighborhoods, doesn’t have air conditioning.
The 68-year-old covers his windows with mattress foam to insulate against the heat and sleeps in the concrete basement. He knows high temperatures can cause heat stroke and death, and his lung condition makes him more susceptible. But the retired brick layer, who survives on about $1,000 a month largely from Social Security, says air conditioning is out of reach.
“Take me about 12 years to save up for something like that,” he said. “If it’s hard to breathe, I’ll get down to emergency.”
As climate change fans hotter and longer heat waves, breaking record temperatures across the U.S. and leaving dozens dead, the poorest Americans suffer the hottest days with the fewest defenses. Air conditioning, once a luxury, is now a matter of survival.
As Phoenix weathered its 27th consecutive day above 110 degrees (43 Celsius) Wednesday, the nine who died indoors didn’t have functioning air conditioning, or it was turned off. Last year, all 86 heat-related deaths indoors were in uncooled environments.
“To explain it fairly simply: Heat kills,” said Kristie Ebi, a University of Washington professor who researches heat and health. “Once the heat wave starts, mortality starts in about 24 hours.”
It’s the poorest and people of color, from Kansas City to Detroit to New York City and beyond, who are far more likely to face grueling heat without air conditioning, according to a Boston University analysis of 115 U.S. metros.
“The temperature differences … between lower-income neighborhoods, neighborhoods of color and their wealthier, whiter counterparts have pretty severe consequences,” said Cate Mingoya-LaFortune of Groundwork USA, an environmental justice organization. “There are these really big consequences like death. … But there’s also ambient misery.”
Some have window units that can offer respite, but “in the dead of heat, it don’t do nothing,” said Melody Clark, who stopped Friday to get food at a nonprofit in Kansas City, Kansas, as temperatures soared to 101, and high humidity made it feel like 109. When the central air conditioning at her rental house went on the fritz, her landlord installed a window unit. But it doesn’t do much during the day.
So the 45-year-old wets her hair, cooks outside on a propane grill and keeps the lights off indoors. She’s taken the bus to the library to cool off. At night she flips the box unit on, hauling her bed into the room where it’s located to sleep.
As far as her two teenagers, she said: “They aren’t little bitty. We aren’t dying in the heat. … They don’t complain.”
While billions in federal funding have been allocated to subsidize utility costs and the installation of cooling systems, experts say they often only support a fraction of the most vulnerable families and some still require prohibitive upfront costs. Installing a centralized heat pump system for heating and cooling can easily reach $25,000.
President Joe Biden announced steps on Thursday to defend against extreme heat, highlighting the expansion of the Low Income Home Energy Assistance Program, which funnels money through states to help poorer households pay utility bills.
While the program is critical, said Michelle Graff, who studies the subsidy at Cleveland State University, only about 16% of the nation’s eligible population is actually reached. Nearly half of states don’t offer the federal dollars for summer cooling.
“So people are engaging in coping mechanisms, like they’re turning on their air conditioners later and leaving their homes hotter,” Graff said.
While frigid temperatures and high heating bills birthed the term “heat or eat,” she said, “we can now transition to AC or eat, where people are going to have to make difficult decisions.”
As temperatures rise, so does the cost of cooling. And temperatures are already hotter in America’s low-income neighborhoods like Gallegos’ Denver suburb of Globeville, where people live along stretches of asphalt and concrete that hold heat like a cast-iron skillet. Surface temperatures there can be roughly 8 degrees hotter than in Denver’s wealthier neighborhoods, where a sea of vegetation cools the area, according to the environmental advocacy group American Forests.
This disparity plays out nationwide. Researchers at the University of San Diego analyzed 1,056 counties and in over 70%, the poorest areas and those with higher Black, Hispanic and Asian populations were significantly hotter.
About one in 10 U.S. households have no air conditioning, a disparity compounded for marginalized groups, according to a study by the Brookings Institution. Less than 4% of Detroit’s white households don’t have air conditioning; it’s 15% for Black households.
At noon on Friday, Katrice Sullivan sat on the porch of her rented house on Detroit’s westside. It was hot and muggy, but even steamier inside the house. Even if she had air conditioning, Sullivan said she’d choose her moments to run it to keep her electricity bill down.
The 37-year-old factory worker pours water on her head, freezes towels to put around her neck, and sits in her car with the air conditioner on. “Some people here spend every dollar for food, so air conditioning is something they can’t afford,” she said.
Shannon Lewis, 38, lived in her Detroit home for nearly 20 years without air conditioning. Lewis’s bedroom was the only place with a window unit, so she’d squeeze her teenager, 8-year-old and 3-year-old-twins into her queen-size bed to sleep, eat meals and watch television.
“So it was like cool in one room and a heat stroke in another,” Lewis said. For the first time, Lewis now has air conditioning through a local non-profit, she said. “We don’t have to sleep or eat in the same room, we are able to come out, sit at the dining room table, eat like a family.”
After at least 54 died during a 2021 heat wave, mostly elderly people without air conditioning, in the Portland area, Oregon passed a law prohibiting landlords from placing blanket bans on air conditioning units. By and large, however, states don’t have laws requiring landlords to provide cooling.
In the federal Inflation Reduction Act, billions were set aside for tax credits and rebates to help families install energy-efficient cooling systems, but some of those are yet to be available. For people like Gallegos, who doesn’t pay taxes, the available credits are worthless.
The law also offers rebates, the kind of state and federal point-of-sale discounts that Amanda Morian has looked into for her 640-square-foot home.
Morian, who has a 13-week-old baby susceptible to hot weather, is desperate to keep her house in Denver’s Globeville suburb cool. She bought thermal curtains, ceiling fans and runs a window unit. At night she tries to do skin-to-skin touch to regulate the baby’s body temperature. When the back door opens in the afternoon, she said, the indoor temperature jumps a degree.
“All of those are just to take the edge off, it’s not enough to actually make it cool. It’s enough to keep us from dying,” she said.
She got estimates from four different companies for installing a cooling system, but every project was between $20,000 and $25,000, she said. Even with subsidies she can’t afford it.
“I’m finding that you have to afford the project in the first place and then it’s like having a bonus coupon to take $5,000 off of the sticker price,” she said.
Lucy Molina, a single mom in Commerce City, one of Denver’s poorest areas, said her home has reached 107 degrees without air conditioning. Nearby, Molina’s two teenage children slurped popsicles to cool off, lingering in front of the open freezer.
For Molina, who bustled around her kitchen on a recent day when temperatures reached 99 degrees outdoors, it’s hard to see any path to a cooling respite.
“We’re just too poor,” she said. | https://www.cbs42.com/news/were-just-too-poor-record-heat-waves-reveal-plight-of-americans-without-air-conditioning/ | 2023-07-31T13:17:55 | 1 | https://www.cbs42.com/news/were-just-too-poor-record-heat-waves-reveal-plight-of-americans-without-air-conditioning/ |
Global wellness company introduces revolutionary Derma Fusion Technology to target enhanced weight management
FRISCO, Texas, July 31, 2023 /PRNewswire/ -- With many revolutionary wearable nutrition formulas already part of the impressive Le-Vel Brands product lineup, DFT DUO ELITE is the latest addition designed to elevate weight management support.
"To say this is our strongest, most creative formula is an understatement. The intent behind this product is a left/right approach to help it circulate faster, in a more efficient manner and is engineered for healthy weight management." - Le-Vel CEO, Jason Camper
DFT DUO ELITE is the largest, most powerful Derma Fusion Technology (DFT) ever created, made to heighten weight management results. Using the original DFT DUO and ELITE DFT as inspiration, this is a strengthened version formulated with an expanded footprint & higher concentrations of ingredients that support fat burning while retaining lean muscle.
DUO ELITE is the final step of a simple, three-part morning routine. Begin the THRIVE ELITE Experience by taking two ELITE Lifestyle Capsules with water in the morning. 20-40 minutes later, drink the ELITE Lifestyle Mix. Lastly, apply your DFT DUO ELITE to both the right & left side of your body and leave on for 24 hours. Use daily for maximum benefits.
Reviews are flowing in from customers already:
"This thing packs a serious punch. I love that Le-Vel is always evolving with the customer's needs. We asked for more power and they delivered." - Mikey O.
"Wow, the appetite support and extra energy even on Day 2 is AMAZING!" - Tiffany V.
For more information about DFT DUO ELITE, go to: www.le-vel.com/Products/THRIVE/DuoEliteDFT
Meaningful weight loss requires healthy lifestyle choices, diet and exercise, and good nutritional intake.
Founded in 2012 by Jason Camper and Paul Gravette, Le-Vel formulates and sells health and wellness products and skincare. Le-Vel's products include the THRIVE Experience and THRIVE ELITE Experience. Le-Vel has over 10 million Customer and Brand Promoter accounts and currently ships within North America, Southeast Asia, Australia, New Zealand, and the UK.
To learn more about Le-Vel, visit: www.le-vel.com
Le-Vel Instagram - https://www.instagram.com/le_velofficial/
Le-Vel Facebook - https://www.facebook.com/LevelBrands
Media Contact: Liz Reuth liz.reuth@le-vel.com
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SOURCE Le-Vel Brands | https://www.wistv.com/prnewswire/2023/07/31/go-bigger-le-vel-launches-largest-most-powerful-wearable-nutrition-ever-made/ | 2023-07-31T13:17:56 | 1 | https://www.wistv.com/prnewswire/2023/07/31/go-bigger-le-vel-launches-largest-most-powerful-wearable-nutrition-ever-made/ |
HOMER, Alaska, July 31, 2023 /PRNewswire/ -- Discovery Channel's Charlotte Kilcher (Alaska: The Last Frontier) will be joining her childhood friend Corky Parker for an upcoming event as Parker returns to Alaska for a book tour of her memoir La Finca: Love, Loss, and Laundry on a Tiny Puerto Rican Island.
Before moving to Washington state and spending her time between Seattle and the inn she owned on the Puerto Rican island of Vieques, Parker spent the 70s in Alaska where she helped to start up the radio station KSKA and the Alaska Bluegrass Festival; worked at her brother's iconic del Mundo cafe; waited tables for future governor Tony Knowles at the Downtown Deli; and spent time as a paralegal for Brian Shortell at the Alaska Public Defender Agency. Somewhere around all that she also starred in Tom Sadowski and Jimmie Froehlich's cult Alaskan postcard collection and film "Trailer Court," and served a short stint as executive director to the Alaska Wilderness Guides Association.
La Finca, winner of this year's Nancy Pearl Award for memoir, is a self-illustrated chronicle of the twenty-plus years Parker ran La Finca Caribe, an off-beat eco-lodge in Vieques, Puerto Rico, beloved by visitors worldwide, including legendary chef Alice Waters. The book covers the challenges and rewards of tropical innkeeping and hurricanes to divorce and bankruptcy. It's about how much we can learn from a place, a culture; learning how to listen to our own spirit.
Parker will be doing her tour through Alaska August 2–10, and her appearances will include an interview with KSKA about the station's upcoming anniversary as well as events with the Homer Public Library, the Georgia Blue Gallery in Anchorage, and the Writer's Block Bookstore and Café in Anchorage. Kilcher will join Parker for the Homer Library event to be in conversation with her about their experiences and memories in Alaska.
Fans are encouraged to join the Aug. 8 Homer Library event with Parker and Kilcher via Zoom. More information here: https://www.cityofhomer-ak.gov/library/author-talk-corky-parker-la-finca-love-loss-and-laundry-tiny-puerto-rican-island.
Contact: Jessie Glenn
Jess@mindbuckmedia.com
Mindbuckmedia.com
503-998-8770
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SOURCE Corky Parker | https://www.wsaz.com/prnewswire/2023/07/31/bffs-award-winning-author-corky-parker-discovery-channels-charlotte-kilcher-team-up-alaskan-book-tour/ | 2023-07-31T13:17:57 | 0 | https://www.wsaz.com/prnewswire/2023/07/31/bffs-award-winning-author-corky-parker-discovery-channels-charlotte-kilcher-team-up-alaskan-book-tour/ |
BANGKOK (AP) — Myanmar’s military-controlled government has extended the state of emergency it imposed when the army seized power from an elected government 2 1/2 years ago, state-run media said Monday, forcing a further delay in elections it promised when it took over.
MRTV television said the National Defense and Security Council met Monday in the capital, Naypyitaw, and extended the state of emergency for another six months starting Tuesday because time is needed to prepare for the elections. The NDSC is nominally a constitutional government body, but in practice is controlled by the military.
The announcement amounted to an admission that the army does not exercise enough control to stage the polls and has failed to subdue widespread opposition to military rule, which includes increasingly challenging armed resistance as well as nonviolent protests and civil disobedience, despite the army having a huge advantage in manpower and weapons.
The state of emergency was declared when troops arrested Aung San Suu Kyi and top officials from her government and members of her National League for Democracy party on Feb. 1, 2021. The takeover reversed years of progress toward democracy after five decades of military rule.
The military said it seized power because of fraud in the last general election held in November 2020, in which Suu Kyi’s party won a landslide victory while the military-backed Union Solidarity and Development party did poorly. Independent election observers said they did not find any major irregularities.
The army takeover was met with widespread peaceful protests that security forces suppressed with lethal force, triggering armed resistance that U.N. experts have described as a civil war.
As of Monday, 3,857 people have been killed by the security forces since the takeover, according to a tally kept by the independent Assistance Association for Political Prisoners.
The army-enacted 2008 constitution allows the military to rule the country under a state of emergency for one year, with two possible six-month extensions if preparations are not yet completed for new polls, meaning that the time limit expired on Jan. 31 this year.
However, the NDSC allowed the military government to extend emergency rule for another six months in February, saying the country remained in an abnormal situation. The announcement on Monday is the fourth extension.
The state of emergency allows the military to assume all government functions, giving the head of the ruling military council, Senior Gen. Min Aung Hlaing, legislative, judicial and executive powers.
Monday’s report did not specify when the polls might be held, saying only that they would occur after the goals of the state of emergency are accomplished.
According to the constitution, the military must transfer government functions to the president, who heads the NDSC, six months before the polls. That would mean Acting President Myint Swe, a retired general.
The military originally announced that new polls would be held a year after its takeover and later said they would take place in August 2023. But the extension of the emergency in February made that timing impossible.
The MRTV report said Myint Swe told members of the NDSC that the government still needs to do more to achieve stability and the rule of law to prepare for the election.
Critics say the polls will be neither free nor fair under the military-controlled government, which has shut independent media and arrested most of the leaders of Suu Kyi’s party.
Her party was dissolved along with 39 other parties by the election commission in March for failing to re-apply under a political party registration law enacted by the military government early this year. The law makes it difficult for opposition groups to mount a serious challenge to army-backed candidates.
Suu Kyi, 78, is serving prison sentences totaling 33 years after being convicted in a series of politically tainted cases brought mostly by the military government. | https://www.seattletimes.com/nation-world/myanmars-military-led-government-extends-state-of-emergency-forcing-delay-in-promised-election/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all | 2023-07-31T13:17:57 | 0 | https://www.seattletimes.com/nation-world/myanmars-military-led-government-extends-state-of-emergency-forcing-delay-in-promised-election/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all |
Biden goes west to talk about his administration’s efforts to combat climate change
WASHINGTON (AP) — President Joe Biden will travel to Arizona, New Mexico and Utah next week and is expected to talk about his administration’s efforts to combat climate change as the region endures a brutally hot summer with soaring temperatures, the White House said Monday.
Biden is expected to discuss the Inflation Reduction Act, America’s most significant response to climate change, and the push toward more clean energy manufacturing. The act aims to spur clean energy on a scale that will bend the arc of U.S. greenhouse gas emissions.
July has been the hottest month ever recorded. Biden last week announced new steps to protect workers in extreme heat, including measures to improve weather forecasts and make drinking water more accessible.
Members of Biden’s administration also are fanning out over the next few weeks around the anniversary of the landmark climate change and health care legislation to extol the administration’s successes as the Democratic president seeks reelection in 2024.
Vice President Kamala Harris heads to Wisconsin this week with Commerce Secretary Gina Raimondo to talk about broadband infrastructure investments. Secretary of Agriculture Tom Vilsack goes to Oregon to highlight wildfire defense grants, Transportation Secretary Pete Buttigieg will go to Illinois and Texas, and Secretary of Education Miguel Cardona heads to Maryland to talk about career and technical education programs.
The Inflation Reduction Act included roughly $375 billion over a decade to combat climate change and capped the cost of a month’s supply of insulin at $35 for older Americans and other Medicare beneficiaries. It also helps an estimated 13 million Americans pay for health care insurance by extending subsidies provided during the coronavirus pandemic.
The measure is paid for by new taxes on large companies and stepped-up IRS enforcement of wealthy individuals and entities, with additional funds going to reduce the federal deficit.
Copyright 2023 The Associated Press. All rights reserved. | https://www.ktre.com/2023/07/31/biden-goes-west-talk-about-his-administrations-efforts-combat-climate-change/ | 2023-07-31T13:18:01 | 0 | https://www.ktre.com/2023/07/31/biden-goes-west-talk-about-his-administrations-efforts-combat-climate-change/ |
Leading Fertility Clinic Network Extends Offering of TMRW's Automated Platform for the Safe Management & Storage of Frozen Eggs & Embryos to More Clinics Across the United States
NEW YORK, July 31, 2023 /PRNewswire/ -- Ivy Fertility, a globally-recognized innovator in advanced reproductive technology, in-vitro fertilization (IVF), and third-party reproduction, announced today that it will expand its partnership with TMRW Life Sciences, a fertility technology company. TMRW is automating the IVF lab with the world's first and only automated platform for the safe management and storage of frozen eggs and embryos – a process that since the dawn of the industry has been run completely manually. TMRW's technology is currently available at two Ivy Network clinics. With this expanded partnership, TMRW's on-site and off-site specimen management platform will be available for full adoption at all of Ivy Fertility's 13 clinics across the United States.
Ivy Fertility's San Diego Fertility Center was one of the first clinics in the United States to adopt TMRW's platform and Utah Fertility Center went live this month. TMRW's platform reduces potential points of failure by 94% compared with manual systems, providing new levels of safety, efficiency and transparency for Ivy Fertility's clinics. The partnership demonstrates Ivy Fertility's continued commitment to delivering personalized fertility services using advanced technology by making state-of-the-art solutions available to all of their clinics.
"Providing enhanced security and peace of mind to our patients is one of our core values," said Lisa Van Dolah, Ivy Fertility's CEO. "With our TMRW partnership, we're able to offer patients and our practice even greater security and that is paramount as we continue to grow."
The network's clinicians will now have the opportunity to modernize their specimen management and storage practices with TMRW's digital tools onsite and, in addition, by transferring patient specimens offsite to and from TMRW Cryobanks. The technology upgrade provides clinics with new levels of safety, standardization and scalability, and it helps reduce the risk of specimen mix-up, error, and loss.
"After years of working together with San Diego Fertility Center, and more recently with Utah Fertility Center, we're thrilled to expand our partnership to support the potential for full adoption of both on-site and off-site specimen management across the Ivy Fertility network," said Louis Villalba, CEO of TMRW.
TMRW is now the storage platform used by clinics that see nearly 20% of all patients in the United States. The future of fertility is automated and, together with its clinic partners, TMRW is rapidly becoming the standard of care.
About Ivy Fertility
Ivy Fertility is globally recognized as pioneers and innovators in the field of advanced reproductive technologies, in vitro fertilization, third-party reproduction, andrology, and fertility research. The Ivy Fertility network includes Virginia Fertility & IVF, Fertility Associates of Memphis, Fertility Centers of Orange County, IVF Fertility Center, Los Angeles Reproductive Center, Nevada Center for Reproductive Medicine, Nevada Fertility Center, Pacific Northwest Fertility, Reproductive Partners Medical Group, San Diego Fertility Center, and Utah Fertility Center. By developing new procedures, achieving scientific breakthroughs, and teaching the latest techniques, Ivy Fertility upholds its commitment to successful outcomes. It continually contributes to the development of the entire fertility community. The Ivy team is passionate about its family-building mission and works tirelessly each day to help patients become parents.
For more information, visit ivyfertility.com.
TMRW Life Sciences
Founded in 2018, TMRW Life Sciences, Inc., is a fertility technology company that automates the management and storage of frozen eggs and embryos. For the first time, frozen specimens can be digitally identified and tracked, safely managed with automated robotics, and remotely monitored around the clock. TMRW's next-generation technology platforms set a new standard of care, reducing potential points of failure by 94% compared to manual systems. TMRW delivers peace of mind by helping reduce the risk of specimen mix-up, damage, or loss. Named Fast Company's #1 Most Innovative Biotech company in 2022, TMRW has been adopted by leading clinics across the United States and will soon be available in the UK and Europe.
For more information, visit tmrwlifesciences.com.
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SOURCE TMRW Life Sciences | https://www.wistv.com/prnewswire/2023/07/31/ivy-fertility-network-expands-partnership-with-tmrw-life-sciences-demand-grows-fertility-clinic-lab-automation/ | 2023-07-31T13:18:03 | 1 | https://www.wistv.com/prnewswire/2023/07/31/ivy-fertility-network-expands-partnership-with-tmrw-life-sciences-demand-grows-fertility-clinic-lab-automation/ |
WASHINGTON (AP) — President Joe Biden will travel to Arizona, New Mexico and Utah next week and is expected to talk about his administration’s efforts to combat climate change as the region endures a brutally hot summer with soaring temperatures, the White House said Monday.
Biden is expected to discuss the Inflation Reduction Act, America’s most significant response to climate change, and the push toward more clean energy manufacturing. The act aims to spur clean energy on a scale that will bend the arc of U.S. greenhouse gas emissions.
July has been the hottest month ever recorded. Biden last week announced new steps to protect workers in extreme heat, including measures to improve weather forecasts and make drinking water more accessible.
Members of Biden’s administration also are fanning out over the next few weeks around the anniversary of the landmark climate change and health care legislation to extol the administration’s successes as the Democratic president seeks reelection in 2024.
Vice President Kamala Harris heads to Wisconsin this week with Commerce Secretary Gina Raimondo to talk about broadband infrastructure investments. Secretary of Agriculture Tom Vilsack goes to Oregon to highlight wildfire defense grants, Transportation Secretary Pete Buttigieg will go to Illinois and Texas, and Secretary of Education Miguel Cardona heads to Maryland to talk about career and technical education programs.
The Inflation Reduction Act included roughly $375 billion over a decade to combat climate change and capped the cost of a month’s supply of insulin at $35 for older Americans and other Medicare beneficiaries. It also helps an estimated 13 million Americans pay for health care insurance by extending subsidies provided during the coronavirus pandemic.
The measure is paid for by new taxes on large companies and stepped-up IRS enforcement of wealthy individuals and entities, with additional funds going to reduce the federal deficit. | https://www.seattletimes.com/nation-world/nation/biden-goes-west-to-talk-about-his-administrations-efforts-to-combat-climate-change/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all | 2023-07-31T13:18:04 | 1 | https://www.seattletimes.com/nation-world/nation/biden-goes-west-to-talk-about-his-administrations-efforts-to-combat-climate-change/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_all |
NEW YORK, July 31, 2023 /PRNewswire/ -- BGC Group, Inc. (Nasdaq: BGC) ("BGC"), a leading global brokerage and financial technology company, today announced the addition of a Weather Derivatives Team with the hire of Nicholas and Eric Ernst. Nicholas joins the firm as Managing Director, BGC Weather Derivatives while Eric joins as Weather Broker.
John Abularrage, Co-Global Head of Financial Services Brokerage, commented on today's announcement, "We are excited to welcome Nicholas and Eric to BGC. They bring with them almost three decades of invaluable experience in the weather derivatives and climate risk transfer space. With these new hires, BGC now operates the premier weather and climate derivatives desk in the industry."
Nicholas Ernst brings with him over 20 years of experience in the weather derivatives and risk transfer space. Prior to joining BGC, he served as Managing Director, Weather Markets at ICAP. Additionally, Nicholas spent time in similar roles at OTC Global and Evolutions Markets.
Before joining BGC, Eric Ernst served as a Weather Broker at ICAP. Prior to that, Eric held various roles at Choice Energy and spent three years in the renewable energy sector.
About BGC Group, Inc.
BGC Group, Inc. ("BGC") began trading on Nasdaq at the market opening on July 3, 2023, under the new ticker symbol "BGC", following the corporate conversion of its predecessor BGC Partners, Inc. (formerly Nasdaq: BGCP). BGC is a leading global brokerage and financial technology company. BGC, through its various affiliates, specializes in the brokerage of a broad range of products, including Fixed Income (Rates and Credit), Foreign Exchange, Equities, Energy and Commodities, Shipping, and Futures. BGC, through its various affiliates, also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions. Through its brands, including Fenics®, FMX™, FMX Futures Exchange™, Fenics Markets Xchange™, Fenics Digital™, Fenics UST™, Fenics FX™, Fenics Repo™, Fenics Direct™, Fenics MID™, Fenics Market Data™, Fenics GO™, Fenics PortfolioMatch™, BGC®, BGC Trader™, kACE2™, and Lucera®, BGC offers financial technology solutions, market data, and analytics related to numerous financial instruments and markets. BGC, BGC Group, BGC Partners, BGC Trader, GFI, GFI Ginga, CreditMatch, Fenics, Fenics.com, FMX, Sunrise Brokers, Poten & Partners, RP Martin, kACE2, Capitalab, Swaptioniser, CBID, Caventor, LumeMarkets and Lucera are trademarks/service marks and/or registered trademarks/service marks of BGC and/or its affiliates.
BGC's customers include many of the world's largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms. BGC's Class A common stock trades on the Nasdaq Global Select Market under the ticker symbol "BGC". BGC is led by Chairman of the Board and Chief Executive Officer Howard W. Lutnick. For more information, please visit http://www.bgcg.com. You can also follow BGC at https://twitter.com/bgcgroupinc, https://www.linkedin.com/company/bgc_group and/or http://ir.bgcg.com.
Discussion of Forward-Looking Statements about BGC
Statements in this document regarding BGC that are not historical facts are "forward-looking statements" that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the effects of the COVID-19 pandemic on the Company's business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to the risk that the actual impact may differ, possibly materially, from what is currently expected. Except as required by law, BGC undertakes no obligation to update any forward-looking statements. For a discussion of additional risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements, see BGC's Securities and Exchange Commission filings, including, but not limited to, the risk factors and Special Note on Forward-Looking Information set forth in these filings and any updates to such risk factors and Special Note on Forward-Looking Information contained in subsequent reports on Form 10-K, Form 10-Q or Form 8-K.
Media Contact:
Karen Laureano-Rikardsen
+1 212-829-4975
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SOURCE BGC Group, Inc. | https://www.wsaz.com/prnewswire/2023/07/31/bgc-group-hires-nicholas-eric-ernst-launch-weather-derivatives-desk/ | 2023-07-31T13:18:03 | 1 | https://www.wsaz.com/prnewswire/2023/07/31/bgc-group-hires-nicholas-eric-ernst-launch-weather-derivatives-desk/ |
Excessive heat in East Texas limits food sources for bees
LUFKIN, Texas (KTRE) - Hot weather also impacts a big helper to the global food supply. Bees are ready for cooler temperatures, just like us.
According to the U.S. Department of Agriculture, more than 3,500 species of native bees help increase crop yields. That means one out of every three bites of food you eat are pollinated by bees.
Bob Love of Lufkin owns Love’s Apiary and bee removal. Love said summertime is considered a dearth period where there is a lack of primary food sources for bees, “meaning that there’s not anything out there blooming that the bees can actually use to gather nectar and pollen.”
Love said there’s an average of 40,000 bees in a hive, and in the summer, you can find “a lot more bees on guard duty, and the heat affects them kind of like it does us. It makes them more irritable.”
When temperatures are above 95 degrees, bee colonies work extra hard to sustain all bees and to keep cool, said Love.
“They’ll go through three to four gallons, for each colony, of water each day.”
With plants and ponds drying out, Loves said bees will seek other water sources to take back to their colony. “When things start getting hotter, and we get into the drier times of the year, I get a lot of phone calls from homeowners that have bees coming into their pools,” said Love.
Love recommends homeowners set up an alternative source to keep them away. “Fill that up with water, add a little bit of salt or sugar to it to attract the bees but get away from the pool, away from where people are going to be.”
To avoid hospital visits, bee experts ask to contact professional help to remove hives.
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