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Yellow is shutting down and headed for bankruptcy, the Teamsters Union says. Here’s what to know
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.
Copyright 2023 The Associated Press. All rights reserved. | https://www.wkyt.com/2023/07/31/yellow-is-shutting-down-headed-bankruptcy-teamsters-union-says-heres-what-know/ | 2023-07-31T14:12:06 | 0 | https://www.wkyt.com/2023/07/31/yellow-is-shutting-down-headed-bankruptcy-teamsters-union-says-heres-what-know/ |
Yellow is shutting down and headed for bankruptcy, the Teamsters Union says. Here’s what to know
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.
Copyright 2023 The Associated Press. All rights reserved. | https://www.azfamily.com/2023/07/31/yellow-is-shutting-down-headed-bankruptcy-teamsters-union-says-heres-what-know/ | 2023-07-31T14:12:07 | 1 | https://www.azfamily.com/2023/07/31/yellow-is-shutting-down-headed-bankruptcy-teamsters-union-says-heres-what-know/ |
Leverages Company's technological expertise in Artificial Intelligence (AI) and Natural Language Processing (NLP) as core foundational technologies to link and make a broad array of information sources and data discoverable.
Adds $1.3 Million to Annual Recurring Revenue
HENDERSON, Nev., July 31, 2023 /PRNewswire/ -- Research Solutions, Inc. (NASDAQ: RSSS), a trusted partner providing cloud-based workflow solutions to accelerate research for R&D-driven organizations, today announced its acquisition of ResoluteAI, an advanced search platform aimed at equipping organizations with search, discovery, analysis, and knowledge management tools powered by AI and NLP technologies. ResoluteAI's state-of-the-art integrations of taxonomies, ontologies, and knowledge graph technology, together with the latest Large Language Models ("LLM"), make information discovery and retrieval highly efficient.
"At Research Solutions, we empower research-intensive organizations to accelerate innovation," said Roy W. Olivier, CEO of Research Solutions. "This strategic acquisition allows us to broaden our technological expertise, transforming our solutions by leveraging the latest technology to help researchers power their innovation workflows, saving time and enabling users to make decisions confidently as they seek to achieve the next innovative breakthrough. This technological foundation will enable Research Solutions to provide specific solutions for use cases throughout the Innovation process from Strategy to Research & Development to Post-Market and Commercial solutions."
The transaction will enable Research Solutions to deliver true enterprise search capabilities across a comprehensive suite of data sources and extend their reach into effective knowledge management, including search across customer internal datasets. ResoluteAI's current suite of integrated datasets, while providing a comprehensive resource for Life Science companies, including Pharma, Biotech, and MedTech, also includes datasets relevant to all other industries, such as engineering and chemical-focused innovation. Integration between the two companies' solutions will allow the combined company to offer a comprehensive product ecosystem that delivers insights to users throughout the innovation process. The acquisition also represents a strong cross-selling opportunity, stemming from highly complementary products and technology that cater to key sectors and market segments.
Integrating the advanced search capabilities of ResoluteAI into Research Solutions' Article Galaxy platform and rapid access to every scientific journal article into ResoluteAI's Foundation platform will be the immediate first steps that will translate into an upgraded customer experience for existing and new customer bases.
"The advanced search technology of ResoluteAI, in combination with Research Solutions' expertise in reference management and document delivery, creates tremendous opportunities to leverage strategic technology synergies," said Steven Goldstein, CEO of ResoluteAI. "We are excited to join Research Solutions and apply our expertise to deliver best-in-class research workflow solutions."
Together, the companies will continue to deepen their understanding of the innovation value chain and the specific needs of users and customers to create a product ecosystem that allows for the flexibility to adapt products and business models to the needs of industry leaders and researchers.
"ResoluteAI shares our mission to support the innovation process from end to end with the most comprehensive information and knowledge tool on the market," shared Michiel van der Heijden, Chief Product Officer of Research Solutions. "We are transforming how people discover and acquire information and how they analyze and manage the data they need for their work as part of an overall workflow."
Founded in 2015 and headquartered in New York, New York, ResoluteAI develops advanced search and discovery tools covering several workflows, including but not limited to, Research & Development, Competitive & Market Intelligence, IP Management, Clinical Operations & Analysis, Post Market Surveillance, and Business Development. As of June 30, 2023, ResoluteAI had approximately $1.3 million in Annual Recurring Revenue under contract.
For further information, please contact Steven Hooser or John Beisler at (214) 872-2710 or shooser@threepa.com; jbeisler@threepa.com.
Media inquiries can be directed to Joseph Tracy, Vice President of Marketing, at jtracy@reprintsdesk.com.
About Research Solutions
Research Solutions, Inc. (NASDAQ: RSSS) provides cloud-based technologies to streamline the process of obtaining, managing, and creating intellectual property. Founded in 2006 as Reprints Desk, the company was a pioneer in developing solutions to serve researchers. Today, more than 70 percent of the top pharmaceutical companies, prestigious universities, and emerging businesses rely on Article Galaxy, the company's SaaS research platform, to streamline access to the latest scientific research and data with 24/7 customer support. For more information and details, please visit www.researchsolutions.com.
About ResoluteAI
ResoluteAI is an award-winning intelligent search platform. Used by scientific organizations around the world, Foundation lets commercial science enterprises search aggregated scientific, regulatory, and business databases simultaneously. Nebula is our enterprise search tool for science. Combined with our interactive analytics and downloadable visualizations, ResoluteAI helps make connections that lead to breakthrough discoveries.
Important Cautions Regarding Forward-Looking Statements
Certain statements in this press release may contain "forward-looking statements" regarding future events and our future results. All statements other than statements of historical facts are statements that could be deemed to be forward-looking statements. These statements are based on current expectations, estimates, forecasts, and projections about the markets in which we operate and the beliefs and assumptions of our management. Words such as "expects," "anticipates," "targets," "goals," "projects", "intends," "plans," "believes," "seeks," "estimates," "endeavors," "strives," "may," or variations of such words, and similar expressions are intended to identify such forward-looking statements. Readers are cautioned that these forward-looking statements are subject to a number of risks, uncertainties and assumptions that are difficult to predict, estimate or verify. Therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. Such risks and uncertainties include those factors described in the Company's most recent annual report on Form 10-K, as such may be amended or supplemented by subsequent quarterly reports on Form 10-Q, or other reports filed with the Securities and Exchange Commission. Examples of forward-looking statements in this release include statements regarding additional customers, potential acquisitions and the Company's prospects for growth, profitability, and cash flow. Readers are cautioned not to place undue reliance on these forward-looking statements. The forward-looking statements are made only as of the date hereof, and the Company undertakes no obligation to publicly release the result of any revisions to these forward-looking statements. For more information, please refer to the Company's filings with the Securities and Exchange Commission.
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SOURCE Research Solutions, Inc. | https://www.wafb.com/prnewswire/2023/07/31/research-solutions-acquires-resoluteai-transform-ai-powered-innovation-workflows/ | 2023-07-31T14:12:08 | 0 | https://www.wafb.com/prnewswire/2023/07/31/research-solutions-acquires-resoluteai-transform-ai-powered-innovation-workflows/ |
- Highly Accomplished Fintech Executive with Proven Track Record of Delivering Superior Performance and Innovation
- Bob Walters, Rocket Companies Executive and Rocket Mortgage CEO to Retire Effective September 5
- Krishna to Succeed Walters as Rocket Mortgage CEO in dual role; Bill Emerson to Become President and Chief Operating Officer of Rocket Companies
DETROIT, July 31, 2023 /PRNewswire/ -- Rocket Companies (NYSE: RKT), a Detroit-based fintech platform company consisting of tech-driven mortgage, real estate and financial services businesses, including Rocket Mortgage, Rocket Homes, Rocket Loans and Rocket Money, today announced that its Board of Directors has appointed accomplished fintech executive Varun Krishna as the company's Chief Executive Officer, effective September 5, 2023.
Krishna will succeed Bill Emerson, who has served as interim Chief Executive Officer since June. Emerson will continue in his interim role until Krishna joins the Company, and will remain on the Rocket Companies Board while also working with Krishna to ensure a smooth transition of leadership.
Krishna has more than 20 years of experience building consumer platform strategies for leading global fintech companies. Most recently, Krishna served as Executive Vice President and General Manager, Consumer Group of Intuit, Inc., where he oversaw the organization's end-to-end suite of consumer and tax products and services, including TurboTax and TurboTax Live. During his tenure, TurboTax Live became the fastest growing product in Intuit's history. Prior to Intuit, Krishna served as Senior Director of Product at PayPal, where he managed the company's global consumer product team.
"Varun is a visionary leader with a proven track record of helping consumers achieve financial freedom. Throughout his career, he has delivered innovative, technology-driven client experiences for complex personal transactions in large, fragmented markets," said Dan Gilbert, Founder and Chairman of Rocket Companies. "Varun's experience aligns perfectly with Rocket's vision, making him the ideal person to drive growth, strong performance and operational excellence at Rocket. On behalf of the entire Board and our team members, I welcome Varun as Rocket's new CEO."
"We also thank Bill for his support in stepping up to serve as our interim Chief Executive," added Gilbert. "Having served as CEO of Rocket Mortgage, our flagship business, for 15 years, he is the right person to work alongside Varun going forward to ensure a seamless transition."
"I am honored to join the Rocket Companies team," said Krishna. "Rocket has a rock-solid foundation and tremendous potential, with its comprehensive ecosystem and industry-renowned technology, strong brand and award-winning client service. I look forward to working with Bill, the Board and Rocket's exceptionally talented team members to drive the company's future success and create long-term value for our stakeholders."
The company also announced that Bob Walters has informed the Board of Directors of his intention to retire on September 5, when he will step down from his roles as CEO of Rocket Mortgage and as President and Chief Operating Officer of Rocket Companies. Krishna will succeed Walters at that time as Rocket Mortgage CEO and Emerson will assume the roles of President and Chief Operating Officer for Rocket Companies.
"Since joining Rocket Mortgage more than 26 years ago, Bob has built an exceptional team and strengthened our foundation to enable the company to grow in any market," said Gilbert. "His legacy as a leader and an expert in Capital Markets will leave a lasting impact on Rocket Mortgage and I thank him for the years of dedication to our business."
"For the last 27 years, I have been honored to work alongside many special and talented people who are also some of the very best anyone could ever hope to spend a career with," Walters said. "I'm excited about the next chapter, but I will deeply miss the camaraderie, passion and excellence of everyone who has built Rocket into the great company that it is. I am proud to be able to leave with the business in great hands, knowing, as Dan Gilbert often reminds us, 'Our best days are most certainly ahead.'"
"Dan's impact on numerous industries, the cities of Detroit and Cleveland and so much more has been, and continues to be, profound. I couldn't have known so many years ago when I started that I'd have a front row seat to history. Working closely with Dan and learning from him has been the privilege of a lifetime," Walters added.
About Varun Krishna
Krishna has served as Executive Vice President & General Manager of Intuit's Consumer Group since his appointment in May of 2022. Prior to this role, he served in a variety of leadership roles within the TurboTax and Mint businesses, most notably as its Senior Vice President and GM from 2020-2022. Before Intuit, he served as Senior Director of Product at PayPal, where he managed the global consumer product organization. Prior to these roles, Krishna held a myriad of product leadership roles at Groupon and Betterworks and spent nine years at Microsoft, where he was named to several positions of increasing responsibility.
Krishna holds a Bachelor's degree in Computer Engineering from the University of Waterloo in Canada.
About Rocket Companies
Founded in 1985, Rocket Companies is a Detroit-based fintech platform company consisting of personal finance and consumer technology brands including Rocket Mortgage, Rocket Homes, Amrock, Rocket Money, Rocket Loans, Rocket Mortgage Canada, Lendesk, Core Digital Media, Rocket Central and Rocket Connections.
Rocket Companies' mission is to be the best at creating certainty in life's most complex moments so its clients can pursue their financial dreams. The Company helps clients achieve the goal of home ownership and financial freedom through industry-leading client experiences powered by its simple, fast and trusted digital solutions. J.D. Power has ranked Rocket Mortgage, part of Rocket Companies, #1 in client satisfaction for both primary mortgage origination and servicing 21 times – the most of any mortgage lender.
For more information, please visit the Company's Corporate Website or Investor Relations Website.
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SOURCE Rocket Companies, Inc. | https://www.kait8.com/prnewswire/2023/07/31/rocket-companies-appoints-varun-krishna-chief-executive-officer/ | 2023-07-31T14:12:09 | 1 | https://www.kait8.com/prnewswire/2023/07/31/rocket-companies-appoints-varun-krishna-chief-executive-officer/ |
LOS ANGELES, July 31, 2023 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), a social media firm and digital agency, announced that they have finalized another brand promotional deal with fitness model and iconic social media star, Sommer Ray. Ray was born in Colorado and has won several bodybuilding and fitness competitions. In recent years she has amassed an impressive social media following, boasting 25M+ followers on Instagram, 12M+ followers on TikTok and 1.75M+ followers on YouTube.
"It is always a pleasure to work with Sommer and her team" said a representative of CMGR. "We have a long-standing history with Sommer and have worked on many deals in the past couple of years. We are excited for the future and will continue to build on this relationship and the alike."
Visit us at www.clubhousemediagroup.com
About Clubhouse Media Group, Inc.
CMGR offers management, production, and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space.
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements". Forward-looking statements also may be included in other publicly available documents issued by CMGR and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.
Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
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On Your Side Podcast: More weddings this year despite increasing costs
Tying the knot is costing more and more
PHOENIX (3TV/CBS 5) -- It’s estimated that a little over 2 million weddings will take place here in the United States by the end of the year. That’s significantly higher than the past three years. And while more weddings are taking place, the price tag for the big day has sky rocketed. In fact, a whopping $29,000 is the national average cost for a wedding.
Today, Ann Kaplan joins us on the On Your Side podcast. She’s a finance and wedding expert and she explains the reasons behind the increase in wedding costs and what couples can do to bring the price down.
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Kids and cleaning: When you send your kid off to college, are they ready to clean? Do they know how often to clean, or how to wash their bedding? According to a new survey, a lot of parents aren’t so sure, and neither are their college-bound kids. On this episode, we’re talking to Brian Sansoni, a cleaning expert and the Senior Vice President of Communications, Outreach, and Membership at the American Cleaning Institute. We discuss the basics to make sure everyone is mastering essential cleaning habits.
Too many real estate agents hurting the industry: If you’re on the house hunt, you know the real estate market is competitive. Turns out, it’s competitive for real estate agents, too. A new report by the Consumer Federation of America shows there are too many real estate agents for too few home sales. And it is coming at a cost to consumers. On the On Your Side podcast, we are chatting with Steven Brobeck, the author of the report. He’s the senior fellow at the non-profit consumer research and advocacy group and tells us why too many real estate agents are hurting the industry.
Creating an AI-friendly resume: Are you looking for a job and you feel like you’re not getting a lot of interest from potential employers? Well, it may be that your resume isn’t AI friendly. Artificial Intelligence is weeding out job candidates based on certain words that may or may not be in your resume. But don’t worry, you can turn that resume around. Today, we’re talking to Jeremy Schiff. He’s the CEO of RecruitBot which is a hiring platform that matches employers with job candidates. He explains what you can do to keep your resume from being rejected by AI.
Summer Vacation Tips: Summer is officially here. And by now, you may have some bored kids out of school for summer vacation. So on this episode, we’re chatting with one of our favorite money-saving moms. Her name is Andrea Woroch and she tells us how to help salvage summer fun without breaking the bank, whether you’re home or away on vacation.
1% down payment mortgages: It’s hard to keep up with the real estate market these days. One month, it seems housing prices are falling. The next month prices are creeping up. A lot of it has to do with interest rates that the fed has increased 10 straight times in a little over a year. Another factor is where you live. So, some lenders have come up with something called the 1-percent mortgage. Today, we’re talking to Jeff Ostrowski. He’s with Bankrate.com for more than two decades and he’s a real estate expert. He says 1-percent mortgages are a clever way lenders are getting potential homebuyers into the market. But there are pros and cons you need to know about.
Inside Google Trends: How often are you Googling for answers? On this episode, we’re talking with Bailey Tomson, a Google Trends expert. We’ll go behind the scenes of some of the most recent trends that have millions searching like how much to tip and what we’re dreaming about.
New graduates should be aware of fake job offers: Graduation is here, not only for college students but high school students as well. But looking for job opportunities after leaving school can be ripe with scams. Fake job postings, phony offers, and high pay are all techniques that scammers use to lure unsuspecting job seekers down a road to financial loss and big disappointment. So, today Kevin Roundy joins us on the On Your Side podcast. He’s a tech expert with Norton-LifeLock and specializes in computer security, privacy, and identity protection. He tells us all the tricks scammers use to attract job seekers and more importantly, he tells us how not to become a victim.
Getting the best customer service: Is AI killing customer service? On this episode, we’re talking with Micah Solomon, a customer service expert and author of several books including “Ignore Your Customers (and They’ll Go Away)” and “Your Customer is the Star.” We’ll discuss what companies are doing wrong with customer service, what they’re doing right, and what customers can do to get the very best service.
Consider travel insurance even for short trips: Summer is coming up and chances are you might be taking a vacation somewhere. Maybe you booked a cruise, bought airline tickets, or plan on driving to a theme park like Disney World. If so, did you purchase travel insurance? Some consumers buy travel insurance when it comes to big ticket vacations like flying overseas, or booking a cruise. It gives them a little peace of mind just in case something comes up at the last minute and they can’t go. But travel insurance isn’t just for pricey vacations anymore. Today, Meghan Walch joins us on the On Your Side podcast. She’s with InsureMyTrip which sells travel insurance. She says policies are becoming more affordable for travelers who want a “safety net” just in case their travel plans don’t work out.
Are you saving enough for retirement?: No matter where you’re at in your career, you’ve probably dreamed of retirement at least once or twice. But a growing number of workers and retirees are worried about retirement. This year’s new retirement confidence survey shows 64 percent of workers are confident they’ll have enough money to live comfortably throughout their retirement years. That’s down from 73 percent just last year. In this episode, we are talking with Craig Copeland. He is the Director of Wealth Benefits Research at the Employee Benefit Research Institute. We’ll ask him what’s driving this drop in confidence. And what’s to come as Americans try to work toward a comfortable life after the office.
A new way to book babysitters on demand: On this episode, we’re talking with Natalie Mayslich. She is the president of care.com. She says there’s a new way to book babysitters on demand, and she’ll lay out what we should actually plan to pay for a sitter.
Arizona is a perfect state for wineries and grape growing: Kris Pothier joins the show to discuss the exploding Arizona wine industry.
The most costly and least expensive states to own a vehicle: What states are some of the cheapest places to own a car, what states are the most expensive and where does Arizona fit into the mix? For the answer, we’re talking to David Straughan. He’s with Automoblog which is an automotive publication that keeps readers informed and up-to-date on driving. And the research they just released reveals just where your money is going when it comes to driving.
Where the Phoenix real estate market is heading: We’ve been on a wild ride in real estate. From an extreme seller’s market to high interest rates that slowed down sales. Spring is traditionally when we see a lot of homes go on the market. But is that the case this year? And what can sellers expect when they put that for sale sign in the ground? Today Tina Tamboer joins us on the On Your Side podcast. She is a senior housing analyst with the Cromford report which tracks the greater Phoenix residential real estate market.
Broken appliance? Tips to fix it yourself for free: Appliances sure do make our lives easier, and when they break down, a repair bill can be pricey. So, what little things can you do now to extend the life of appliances? That’s what we’re talking about on the On Your Side podcast with Ben Schlitchter.
Most college financial aid information is misleading: This month, college acceptance letters will be going out to high school seniors who applied. But be careful. That’s because a recent government report indicates nearly 90 percent of colleges have misleading information when it comes to financial aid offers in those letters. Sarah Boeder joins us on the On Your Side podcast. She’s with Grand Canyon University and breaks down fact from fiction regarding financial aid.
Unpaid Medical Debt and Your Credit Report: Unpaid medical bills are the number one reason consumers are forced into filing bankruptcy. But there’s some good news. Third-party collection agencies are being more lenient when it comes posting negativity to your credit report. That’s what we’re talking about on the On Your Side podcast. John McNamara is from the Consumer Financial Protection Bureau in Washington D. C. and has a ton of information on medical bill debt and your credit.
Sitting down with Arizona consumers’ top cop: You may not know it, but the Federal Trade Commission has declared this week National Consumer Protection Week. So, now is the perfect time to speak with Kris Mayes, who was recently voted in as the Arizona Attorney General. Her office is responsible for defending the state against lawsuits and issuing legal advice to state agencies. However, another important role of the Arizona Attorney General is prosecuting consumer fraudsters and protecting Arizonans who have been defrauded by scammers. Mayes joins us on the On Your Side Podcast.
“Farcation” is Happening Right Now: We all know how the pandemic put a damper on many people’s vacation plans, as flying anywhere seemed to come to a drastic halt. But, fast-forward a few years and you can see how things have changed. Flying somewhere, usually to far away places, is back in high demand and has sparked what he calls “Farcation.” Today, we’re talking to Chris Elliott, he’s a travel expert who has written numerous articles in well-known publications. He tells us where people are going and what you can expect for spring break and summer vacations.
Avoiding “Junk” Fees: Junk fees, they seem to be everywhere. They’re on bank accounts, credit cards, auto sales. They’re sometimes referred to as “convenience fees,” but they’re anything but convenient. And while junk fees are hitting consumers hard, companies that are charging the fees are making tons of money. In fact, a recent report revealed that consumers shell out 30 billion dollars a year just in junk fees alone. So, what can be done about these “junk fees” and is there any way to stop them? Today, we’re talking to Carla Sanchez-Adams. She’s an attorney with the National Consumer Law Center which is trying to end “junk fees” in order to leave more money in your pocket.
The “Do Me A Favor Scam”: Have you received an email recently from a friend or maybe even your boss asking for a small favor? Well, it may not really be your friend or boss after all. Scammers are posing as people you may know and they’re asking for a little help. And of course, how can you refuse your boss or a good friend when they turn to you for support? But be careful. Today, we’re talking to Ken Colburn. He’s been in the computer industry for decades and a specialist in technology and computer scams. He explains how the “Do Me A Favor Scam” works and how you can avoid getting conned.
Betting on the Super Bowl in Arizona: The Valley is getting ready to host one of the biggest sporting events in the world, Super Bowl LVII where we’ll see the Philadelphia Eagles take on the Kansas City Chiefs. It also means a lot of money will be exchanged when it comes to wagering and in Arizona, sports betting is completely legal. So, what can Arizona expect when it comes to fans who will be betting on the Big Game which is right in our backyard? For answers, we’re talking to Max Hartgraves, with the Arizona Department of Gaming, and he breaks down all the numbers when it comes to betting on the Super Bowl.
Super Bowl Party Food Costs: The Big Game will be here before you know it. That means you’re probably be going to a Super Bowl party or maybe even hosting one. Either way, whether you’re providing all the food at your own party or taking a dish it’s going to be a lot more expensive this year. Beer is up big time but surprisingly, chicken wings are actually down in price. So, what kind of food and beverages will be a big hit without hurting your bank account? Today, we’re talking to Fidela Irigoyen. She’s an agriculture expert with Wells Fargo and she has all the inside information for your Super Bowl menu.
Influential podcasters headed to Arizona for the Super Bowl: In this episode, On Your Side is taking its podcast on the road to Scottsdale for a peek behind the scenes where famous and maybe the not so famous will record their podcasts. Celebrities, influencers, and other big names are already here for The Barret Jackson Auction. Of course, the Phoenix Open and Super Bowl will bring thousands of more people into town, many of whom will need a space to record their podcasts while in town since they can’t bring their podcast studio with them. So, what do they do? For the answer, we’re talking to Brian Howie, the founder and owner of Podpopuli. It’s a Scottsdale recording studio that will be open 24/7 Super Bowl week where well-known podcasters have already booked to record their show from the Valley of the Sun.
Lowering Home Insurance Premiums: If you own a home, your homeowner’s insurance might have increased. If not, it’s likely that it will. What’s behind the increase and exactly what can you do to keep your premiums from going up further? For the answer, we’re talking to Dustin Lemick. He has years of experience in the insurance industry and he’s currently the CEO of a jewelry insurance company called BriteCo. He tells us all we need to know to get more bang for the buck when it comes to insurance.
Getting certified helps you stand out in job searches: Looking to change jobs or maybe careers this year? You can make yourself a more attractive candidate by getting a certification, with or without a college degree. For more on that, we’re talking to Dr. Quentin McAndrew On Your Side. She’s an academic strategist with Coursera a learning platform that helps job seekers earn online college degrees and certificates which always looks good on a resume.
Money Moves to Make in 2023: On this episode, Stewart Willis from Asset Preservation Wealth & Tax to discuss some things that can be done right now to maximize next year’s dividends. We’ll talk about balancing your portfolio, how to plan for taxes, and how to maximize your retirement savings.
Tips for Holiday Driving: With so many people flying again after the pandemic, airports are congested, flights are being canceled and the pilot shortage isn’t helping. This means many folks are choosing to drive somewhere for the holidays and even long distances in order to avoid flying. Don’t start that holiday vacation until you check your vehicle first, however. In today’s On Your Side episode, we’re talking to Emilie Voss from Carfax. She tells us about some of the most overlooked maintenance issues that are easy to prevent if you just take a few minutes to check them out.
Avoid getting scammed during your online holiday shopping: Have you started your holiday shopping yet? If you have, you’re not alone. It’s estimated that 60% of Americans start shopping before December. Much of that shopping will be done online, giving scammers the perfect opportunity to steal your money. If you think it will never happen to you, think again. Today, we’re talking to Kevin Roundy. He’s a researcher with the cybersecurity company Norton and told us all the online scams to be on the look out for as well as little tricks you can use to protect yourself while shopping online.
Behind the Scenes of the Thanksgiving Butterball Hotline: We’re counting down the days to Thanksgiving. It’s when family and friends will gather for one of the biggest meals of the year. It’s a meal so important that novice chefs often turn to the experts for help to cook their turkey. On the On Your Side podcast, we spoke with Butterball talk-line expert Sam Woulfe. She take us behind the scenes the Butterball Hotline. Who’s calling in? What are some of the most common questions? What are some of the most outrageous ones? How do you actually cook a perfect turkey?
Inflation not affecting artificial Christmas trees and holiday décor this year: The cost of just about everything is up due to sky-high inflation. There’s one thing that’s proving to be almost inflation-proof this holiday season. Turns out, holiday décor is already being deeply discounted. Our guest on this episode is Chris Butler, CEO of National Tree, one of the largest artificial tree and holiday décor companies in the nation. He’s walking us through what retailers are experiencing with excess inventory and how increasing storage costs are benefiting consumers this season.
New federal guidelines to make household items safer for children: It’s estimated one child dies every month due strangulation from window blind cords. There are also child fatalities involving furniture tipping over. New rules passed by the Consumer Product Safety Commission will hopefully make things safer for kids. One of these rules requires window and blind manufacturers to start selling blinds that don’t have long, hanging cords. In this episode, we’re talking to Nancy Cowles with Kids In Danger. She talks about these new guidelines and the impact they will have on parents and consumers.
Savvy tricks to saving money: Everything these days is much higher than just a year ago. Rent, food, and even entertainment seem so unaffordable, but there are some clever ways to cut back on small expenses that will make a big impact on your budget. Today on the On Your Side Podcast we’re talking to Andrea Woroch. She’s a nationally recognized money-saving expert who divulges cool tips you most likely never thought of before.
Buying a Pre-Owned Electric Vehicle: Ever since gas prices started to spike, electric vehicles have been a hot topic. Until now, most of the discussion has centered on buying new electric vehicles. So, what about used EVs? Pre-owned electric vehicles can save you a significant amount of money, and it may be a good idea. Keep in mind though, buying used EVs can come with risks that can cost you. On this episode, we’re joined by Scott Painter, founder and owner of Autonomy, a company that allows users to subscribe to electric vehicles. He’ll tell you what to look for when buying a used EV to avoid any pitfalls.
Employers struggling to hire and retain employees: Are you looking for a job or maybe thinking of changing careers? You’re not alone. The U.S. just added more than 260,000 jobs last month. The Labor Department says average hourly earnings rose 5% from a year ago. The labor market might look optimistic, but why are companies struggling to keep employees? What are different industries doing to keep their staffing where they need to be? Today, we’re talking to Doug Hall with SK Food Group, a national company that prepares and ships sandwiches and wraps. He tell us the ups and downs his industry has gone through hire and retain employees.
Inflation’s impact on pet care: Inflation has caused the prices of just about everything we buy to go up drastically. We know about groceries and gas, but what about pet care? Pet owners already pay around $3,500 per year on pet care, but that amount seems to be going up as well. On this episode, we’re talking to Doug Patriquin, co-owner of Dr. Kelly’s Surgical Unit. He tells us how you can keep your pet budget under control.
How to Boost Your Credit Score: Have you checked your credit score lately? It’s something we should all keep an eye on, especially before applying for a credit card or loan. If your credit score is 740 or above, you’re considered to have a pretty good score, meaning creditors should reward you with a lower interest rate. So, in this episode, we’re talking to Brian Larsen. He’s with WaFd Bank’s Retail Division. He tells us the average credit score in America right now is 716, which is actually an all-time high. He has some tips and suggestions to get you over that 740 mark.
The cost of enjoying sports: Baseball season is wrapping up, and football season is underway. So, we are talking about sports spending. From kids’ leagues, to tickets, merchandise, food and fantasy leagues, fans plan to spend hundreds of dollars this fall. And a new survey shows some are willing to take on debt for their favorite sport. So today we’re talking with LendingTree’s Matt Schulz who breaks down how much we’ll actually spend and how to better budget for the sports we can’t live without.
Scammers stealing homes and down payments: Imagine being in the process of buying or selling a home. It can be an exciting time, but it can also be stressful. Scammers know that, and they’re using a very deceptive practice to either steal your down payment, make off with your sale proceeds or in some cases...steal your home right out from underneath you. Sounds crazy, but it’s happening across the nation, including here in Arizona. So, today we’re talking to Samuel Doncaster. He’s the lead attorney for a law firm called Fraud Fighters. He knows exactly how these scams work and he’ll give us all the information you need to keep from losing what might be your life savings.
Christmas Shopping and the Supply Chain: It’s that time of year when folks start looking forward to Halloween, Thanksgiving, and of course, Christmas. Shopping for that perfect gift may be the furthest thing from your mind right now, but in today’s world, it should be at the top of your list. Apparently, retailers are facing some big inventory challenges and looking to move product. This could mean big savings for consumers. Today we’re talking to Adam Davis, the managing director for Wells Fargo Retail Finance. What he has to say will probably change the way you do your holiday shopping.
Why are so many college students leaving college? No health insurance: A recent study found that 30% of Arizona students are not returning to college this year because of the coronavirus. In fact, more than 150,000 students cancelled all college classes in Arizona alone. One reason behind the major departure is that many college students just don’t have health insurance to cover medical expenses, particularly COVID-related expenses. Since many colleges require some kind of health insurance to enroll, students are forced leave school. So, what do you if you want to further your education and just can’t afford medical insurance? Today, we’re talking to Nick Vinzant. He’s the senior analyst with www.QuoteWizard.com which is the largest privately held insurance comparison company. He says there are several options for young and older college students to get insurance without having to leave school.
Are electric vehicles right for you?: More drivers are interested in owning electric vehicles. For many families, EVs are still way too expensive. But there is a new push to get more EVs on the road. Now, because of the Inflation Reduction Act, tax credits for EVs have completely changed. So how do they work? Who qualifies? Who doesn’t? Are the credits enough? Today, we’re covering it all with Jim Stack, the President of The Electric Auto Association in Phoenix.
Higher interest rates leading to spike in online loan scams: Higher prices are affecting just about everything we buy, including housing and transportation. The Feds recently raised interest rates to slow down borrowing which will hopefully bring down prices for consumers. That makes the perfect opportunity for scammers to take advantage of you. So today, we’re talking to Zulfikar Ramzan. He’s the chief scientist at Aura, an online security company that helps prevent consumers from being scammed online. He tells us his company has seen a dramatic uptick in loan and interest rate scams tied to inflation. He’ll also tell us how the scams work and what you need to look out for to prevent getting ripped off.
Inside a scammer’s “Bible” to ripping off victims: Would you like to get into the mind of a scammer? You can. A Nigerian conman has flipped sides and is sharing many of his untold secrets with David McClellan of Social Catfish, a website dedicated at preventing romance scams. The scammer exposes all the do’s and don’ts of using the “Romance Scam” in order to dupe lonely women. All the details are in a manual referred to as a “Scammer’s Bible” which explains how to rip off victims. McClellan tells On Your Side how exactly what’s in the manual so victims know what to look out for. Click here for more info
The reason spam texts are increasing: Robocalls are becoming less of a threat to consumers, and the dreaded rings from unknown numbers are dropping. But according to a new report, the number of robot texts flooding phones is skyrocketing. So, today, we’re talking with Teresa Murray. She is a consumer watchdog for Arizona Public Interest Research Group Education Fund, and she helps On Your Side break down recent laws which crack down on robocallers and now text scams. We also talk about how to protect yourself from scammers who hide behind phone calls and text messages.
Overcoming Travel Frustrations: The pandemic crushed the airline industry and prevented many travelers from flying. But it seems that has all changed. A new report indicates a lot more people are flying and even driving to destinations. However, travelers say they are frustrated with airlines, with 80% of passengers saying they’ve had a recent negative experience. On this episode we’re talking to Tim Rossman, an industry analyst with Bankrate.Com. His new report reveals some stunning numbers when it comes to how many people are traveling these days and what effect it’s having if you’re trying to get somewhere.
Consumers and Small Claims Court: Have you ever been ripped off by someone and were so mad you wanted to take them to small claims court? It happens all the time, and many people decide not to go through with it because they don’t know how the process works. Going through the court process is actually easier than you’d think. That’s why we’re talking to the Honorable Gerald Williams who serves as justice of the peace for one of Maricopa County’s precincts. He’ll break down all the do’s and don’ts of filing a small case lawsuit and offer helpful tips to get your case heard.
Fourth of July Food Prices: The United States will be turning 246 years old on July 4th. To celebrate, many of you out there will probably have some kind of get-together that will no doubt involve food. Food prices on this 4th of July are up 11%, and depending on what you plan on cooking for the holiday will really affect your wallet. So today, we’re talking to Karol Flynn. She’s the Food and Agribusiness Industry Advisor for Wells Fargo. She tells us what 4th of July food items you might want to avoid due to their sharp increase in price and what other items you might want to consider that won’t break the bank for your holiday party. Spoiler alert: Shrimp is cheap!
Credit Card Crunch: A new report says nearly 75% of Americans have needed credit card debt advice. However, half of them never sought out that advice and because of that, many consumers have found themselves digging deeper and deeper into debt. Today, we’re talking to Jim Triggs of Money Management International. It’s a non-profit organization that helps consumers navigate through the tough financial world by empowering and helping people to stabilize their money matters .
Overstock Issues: Supply chain problems have been persistent, but now retailers have a new problem of having too much...of the wrong stuff. On this episode, we are talking with Leslie Bush, a marketing professor at Arizona State University. She breaks down what’s behind the change in consumer behavior and what it means for your next shopping trip.
How much money you need to retire: A million dollars sounds like a lot of money, and it is! But these days, is it enough money for you to retire? Years ago, a million dollars to save for retirement was always a goal for many but not anymore. Experts say to live comfortably, you have to raise the bar and put more money away. So, we’re talking to Stewart Willis. He’s a financial expert with Asset Preservation Tax and Retirement. He tells us how much we need to retire, how much we should have in our retirement accounts right now depending on age and other financial tips to keep you fiscally sound.
The (still) red hot real estate market: The real estate market is still red hot, but mortgage interest rates are going up. On this episode, we’re talking with Trevor Halpern, a Phoenix-based real estate agent, about what’s happening in the market, if there is a slowdown in home sales on the horizon, and how much competition buyers will face in the coming months.
Budgeting for a wedding: May through October is the most popular time of the year to get married and people are spending big bucks to tie the knot. A recent report indicates that couples spent $28,000 on average on their wedding last year. This year, it will be even more expensive. So, today we’re talking to Stephanie Gilmore, regional banking district senior manager with Wells Fargo. She has some great ideas and tips to keep your wedding costs down so you don’t start off in debt.
Computer Chip Shortage: Arizona is poised to become the semiconductor capital of the West and possibly the United States. The Copper State currently has 200 semiconductors companies and more are being built. On the 3 On Your Side podcast, we’re talking to Tracey Latham. She currently is the U.S. Small Businesswoman of the Year for Arizona and owns a company that relies heavily on semiconductors. She explains why is Arizona being chosen and what it will mean for the state’s economy and labor force.
Full-time Retirement? Maybe Not: Many folks look forward to retirement. When that time comes and they leave their job, they find themselves, well...kind of bored. But some people, as well as companies, have found a solution that benefits both the company and the retiree. It’s called “phased retirement.” On this episode of the 3 On Your Side podcast, we talk with Zanzibar Vermiglio of Zanzibar Enterprises about why human resource directors like the idea of phased retirement. We’ll also discuss why many retirees are deciding to “unretire.”
College Scams: It’s that time of year when college acceptance letters are starting to pour in for parents and their children. It sounds exciting, and scammers know that. With all the hype, it’s the perfect time for conmen to take advantage and try to dupe potential victims when they least expect it. So, we’re talking to Beau Friedlander. He’s an award-winning publisher who’s been writing about cybercrimes and scams for 10 years. He tells us what to look out for when it comes to enrolling students into college, because the scammers will target you over the Internet, through the mail, and even over the phone. MORE INFO: https://link.chtbl.com/CCUnCylF?sid=3onyourside
Cashing in on collectibles: From coins to toys and trading cards, most collectors think their collections will pay off. Ismat Mangla from Magnify Money joins us to break down who is collecting what, how much they’ve spent along the way, and whether the collections ever pay off.
The best (and worst) frequent flyer programs: It looks like people are flying more these days, and that’s raising airfare. In March, airfare went up more than 5%, marking the third largest jump in 20 years. To bring the cost of airfare down, many travelers rely on frequent flyer programs but some are better than others. On this episode, we’re talking to Jill Gonzalez with WalletHub, who evaluated frequent flyer programs for each airline. She’ll break down all the flyer programs to let you know how you can get the most out of each one. MORE INFO HERE.a
Paying off your student loans: Forty-six million Americans are in debt due to student loans, with those debts totaling more than $1.8 trillion. That works out to the average borrower owing more than $35,000. How do you even start a down payment on something like that? On this episode, we’re talking to Andrew Pentis with Student Loan Hero and Lending Tree. He’ll break down which states have the biggest loans, which universities carry the most student debt, and more importantly, how to pay off your loans.
Surprise charges; kids & credit: Have you ever spotted a surprise charge on your credit or debit card? Is your kid to blame? A new LendingTree survey reveals almost half of parents say they’ve caught their children secretly spending. Others knowingly allow their children to borrow their cards and regret it. In this episode, we’re talking with Matt Schultz, the chief credit analyst at LendingTree about how to teach children about credit.
Jet Fuel Prices: We’re all well aware of the spike in gas prices and how it’s affecting your wallet. But what does it mean for airfare? Just like cars, airlines need fuel for their planes. So, how is the Russian-Ukraine war affecting what you pay for airfare. For the answer, we’re talking to Scott Keyes of Scott’s Cheap Airfare. He’s an airline analyst and he’ll tell us what to expect regarding your upcoming vacations and how oil prices could play a major factor in what you pay for airline tickets.
Car Buying Tips: The chip shortage for new cars is still ongoing. So, how long will it last, and how is it affecting consumers as well as car dealers? Today, we’re talking to Karl Brauer. He’s an auto analyst with Iseecars.com and has also worked for Kelly Blue Book, Auto Trader, and Edmunds. Due to the chip shortage, he’ll tell us what new cars are hottest on the market, what used cars are persuading consumers to buy in this time of uncertainty, and what used cars last the longest.
Pain at the Pump: The cost of gas is going up. Today Patrick De Haan, the head of petroleum analysis for Gas Buddy, is joining us. He has the reasons behind what’s driving gas prices and talks about if we can expect any relief on the horizon, particularly since Russia’s recent invasion of Ukraine? De Hann says get ready--$4.55 a gallon is very possible for Arizonans. Head to gasbuddy.com to find the cheapest gas near you.
Maximizing Your 401(k): Many companies offer their employees a 401(k) plan to help prepare for their retirement years. However, many workers choose not to enroll, and they are leaving money on the table. A lot of money. On this episode, we’re talking to Ted Schmelzle, a retirement expert from Securian Financial who tells us why it’s throwing away money if you don’t contribute. Plus, he gives tips to grow your money faster.
Salary Negotiations: People are leaving their current jobs in numbers we haven’t seen before. It’s referred to as the “Great Resignation.” But when you’re offered a new job, how do you bring up the topic of salary without being awkward? And how do you comfortably ask for a dollar amount that works for you? Today, we’re talking to Andres Lares. He runs a company called Shapiro Negotiations Institute, a firm that has represents everyday workers and even NBA teams. He explains how to ask for the proper salary or even a raise at your current job.
Love and money: Valentine’s Day is here and “Love is in the Air.” Or is it? A recent report by Personal Capital reveals 57% of U.S. adults ay the pandemic has increased financial stress in their relationship. Today, on the 3 On Your Side podcast, we’re talking to Krista Aliga, a financial advisor with Personal Capital. She explains why money is causing some people to fall out of love and what steps you can take to get make things right.
Saving on Super Bowl food: The big game is almost here, so it’s time to plan for your big Super Bowl spread. But your game day meals and snacks are going to cost you a lot more this year. So today, we’re talking to Karol Flynn with Wells Fargo. She’ll help show you the best buys when it comes to Super Bowl food, plus some great tips to save the next time you head to the store.
Elevating your resume: Looking for a job? Then you’ll need a great resume to stand out from the other candidates. On this episode, we’re talking to Jeff Hyman, author and CEO of Recruit Rockstars. He has great tips to spice up your resume and land the job you want.
Maximizing your credit card perks: How many credit cards do you have? Whatever the number, your cards may have perks you don’t even know about. About 30 percent of Americans who have rewards cards have made no effort to take advantage of their points or perks that they may have. On this episode, we’re talking with Doug Milnes, Chief Financial Analyst with MoneyGeek.com. He has some surprising information when it comes to you and your credit cards.
Tax filing season is here: It’s almost tax time, and if you’re like millions of Americans, you’re expecting a refund. In this episode, Gary Harper and Susan Campbell talk with Mark Steber, the Chief Tax Information Officer at Jackson Hewitt, about new deductions, changes this tax season, and potential IRS delays.
2022′s economic outlook: When it comes to the economy, what can we expect in 2022? Inflation is increasing at a pace we haven’t seen in 40 years, consumer prices are higher, and interest rates are inching up. On this episode, we talk with Greg McBride, Chief Financial Analyst for BankRate.com. He outlines what he see in 2022′s economy, whether we will see it blossom, or if it will cost us more money.
Gym Memberships: We find ourselves in a new year as 2022 is officially here, and one popular New Year’s resolution is to get into better shape. But is joining a gym the right decision? And if you do join, what should you know when it comes to contracts and how much you pay? Today, we’re talking to Jim Bathurst. He’s a fitness trainer from Nerdfitness and he’s in the business of getting people into shape and losing weight. He’ll break down the do’s and don’ts of joining a gym and what you need to look out for.
Holiday gift returns: The hustle and bustle of Christmas shopping is in full swing and a lot of purchases will be made online. But what do you do if someone gives you an online gift and you need to return it? It may be difficult or impossible. Today, we’re talking to Jill Emanuel. She’s a certified financial coach with Fiscal Fitness. She’s been helping consumers to save money and navigate through complicated topics for years. She has all the do’s and don’ts of returning holiday purchases successfully.
Dangerous toys: Holiday shopping is in full swing, and for kids, toys are at the top of the list. But be careful because some of those toys could be dangerous. Today on the 3 On Your Side podcast, Gary and Susan talk with Hannah Rhodes. She’s a Consumer Watchdog associate with the Arizona PIRG Education Fund. From counterfeit toys to smart toys and toys that are too noisy, she is breaking down exactly what to look out for to keep your family safe this holiday.
Is insurance bundling the way to go?: One expense many consumer have, but don’t pay attention to, is insurance. Home, auto, renter, and more, there’s insurance for just about everything. Does it really save? And how much can you save if you bundle? On this episode, we’re talking to Mark Fitzpatrick from Money Geek. They have dozens of experts who analyze all kinds of statistics and crunch the latest numbers. They found bundling could save you a bunch of money.
Setting and achieving your 2022 financial goals: We’re coming up on the end of the year soon and that means 2021 will officially be in the history books. Looking back, how do you think you did financially? Did you start a retirement fund or savings account? If you have a 401(k), did you increase how much you contribute and are you satisfied financially? 3 On Your Side’s Gary Harper talks to Leslie Tayne. She’s an author of a bestselling book regarding finances. She’s also an attorney who specializes in consumer and debt resolution. She talks about what financial goals you should have in mind to make 2022 one of your best years ever.
Hanging Christmas lights safely: Christmas is almost here, and that means trees and lights! But that combination can be dangerous if you display your lights the wrong way. To keep you safe, we’re talking to John DeCosmo, an expert who knows all about fixing broken lights and hanging them safely.
Choosing a bottle of wine for your holiday party: The holidays are quickly approaching, which means a lot of you might be going to a holiday party. And wine is one of the more popular items that party-goers bring. But what kind of wine? How much should you spend? And what’s a good brand to take with you? In this 3 On Your Side Podcast, we’re talking with Keith Beavers. He’s a self-described “wine geek” who’s been in the wine retail industry in New York for more than a decade. He talks Wine 101 and give us some down to earth tips for choosing a bottle of wine that will make a statement without breaking the bank.
Gift Cards: Americans are sitting on billions of dollars in unused gift cards, so are they really a good gift to give? On this episode, we’re talking with Ted Rossman, a senior industry analyst at CreditCards.com, about spending those unused gift cards. He also has some ideas about what to do with gift cards to stores or restaurants you’ll never visit.
An $859 Billion Holiday Season: The holiday season is almost here and consumers are expected to spend, spend, spend. The National Retail Federation is predicting holiday sales during November and December could balloon to $859 billion. On this episode, we talk with Katherine Cullen, the senior director of industry and consumer insights at NRF, about supply chain challenges, tracking down the perfect gift, and why so many Americans are shopping early.
Supply chain issues & when relief may come: Ongoing supply chain issues seem to have almost paralyzed consumer goods across the country. From canned goods, to computer chips to auto parts, you name it, and they all seem to be hard to come by. But what’s causing the kink in the supply chain and when will we see relief? On this episode, we talk to Bill Thayer. He’s an expert in logistics, retail, and e-commerce, and he’s also CEO of Fillogic, a company that specializes in transporting goods from Point A to Point B. He has some interesting insight about what’s going on with America’s supply chain and when it may end.
Getting the best car insurance for you: When it comes to saving money, your car insurance premiums should be at the top of your list. Yet, nearly half of consumers have failed to comparison shop to see if they can get a better deal. That’s what we’re talking about on the 3 On Your Side podcast. We talk to Mark Fitzpatrick with MoneyGeek.com who will show you how to shop for car insurance and get the best rate.
Car Rental Tips: The cost of renting a car has sky-rocketed over the last year and a half. In fact, in Hawaii, travelers were shelling out $4,000 a week just to rent a car once they flew in for their vacation. On this episode, Gary Harper is talking to Willis Orlando, an analyst with a travel website called Scott’s Cheap Flights which investigates travel costs like renting a car. He’ll explain why car rentals have become so ridiculously high and when rental rates will come down.
Avoiding holiday financial hangover: Nearly half of Americans carry some kind of credit card debt, with an average balance of $6,200. Unfortunately for many consumers, that amount will increase come the holidays. So in this episode, Gary is talking to Kelsa Dickey, a certified financial coach who’s been helping to dig people out of debt for years. She’s going to tell us what we can to starting today in order to avoid a financial hangover after the holidays.
Beware of flooded cars for sale: Thank goodness Hurricane Ida is behind us, but she left a path of destruction. In fact, Ida left $95 billion worth of damage in Louisiana and surrounding states and much of that destruction was caused to cars. Unfortunately, many of those water damaged vehicles will be cleaned up and sold to unsuspecting consumers around the nation. Today we’re talking to Patrick Olsen from Carfax. Carfax has access to around 20 billion records for vehicles, and they collect the information from around 100,000 different sources to determine if a car has been in an accident, if the odometer has been rolled back, or in this case, if the car you’re thinking of buying has been waterlogged from a hurricane.
Sextortion Alert: It is a form of internet bribery that has victimized countless people. The elements are intriguing. They involve romance, photos, lies, and eventually money. A lot of money. Gary Harper is talking to Nate Warfield a former internet hacker who eventually used his skills to help people and companies to protect themselves while online. Warfield is here to tell us about something called “sextortion” and what you need to do to protect yourself against it.
FEMA COVID-19 Funeral Assistance: Nearly 600,000 Americans have lost their lives to Covid-19. It’s terrible news, and many loved ones paid out of pocket for those funerals. But why? Particularly when the federal government has set aside money to pay for those services. On this episode, Gary Harper is talking to Ed Michael Reggie, CEO of Future Factory and a known consumer advocate and expert in the funeral industry. He explains details of the program and says many people just don’t know about it and what is needed to qualify.
The Supermarket Guru: In this episode, Gary Harper is talking about something that affects nearly everyone across the nation and that’s rising food prices. To break things down, Gary talks to Phil Lempert who’s known as the “Supermarket Guru.” Lempert is an author, speaker and one of the leading experts in the nation when it comes to following food trends.
Skyrocketing Rent: Rent is increasing, not only in Phoenix, but all across the nation. On this episode, Gary Harper is joined by Jeff Andrews with Zumper, an apartment rental website that monitors rental trends. Andrews says national rent went up 12% since this time last year, and there’s no indication of going down. Andrews explores the reasons behind the jump. Gary is then joined by 3 On Your Side producer Warren Trent to discuss home rental scams they’ve covered and tips for consumers to avoid from being ripped off.
Great Resignation: In this edition of the 3 On Your Side Podcast, Consumer Investigator Gary Harper talks about something that’s being referred to as the “Great Resignation.” Apparently, more people are leaving their jobs now than ever before. But what is driving the mad exodus of leaving careers and starting a new one?
A Raging “Scamdemic”: For this edition of the 3 On Your Side Podcast, Gary Harper talks to Jack Caporal, an analyst and writer with The Ascent and The Motley Fool research team who has gathered statistics regarding COVID-19 fraud cases. Arizona consumers have been swindled out of nearly $10 million with an average loss of $325. Caporal uses a term “Scamdemic” while referring to the COVID-19 scams. Since the beginning of the pandemic, American’s have filed over a half-million COVID-19 fraud reports totaling over $480 million according the Federal Trade Commission. Arizona ranks No. 13 in the U.S. when it comes to COVID-19 fraud cases, California tops all states with COVID-19 fraud losses totaling more $65 million.
Protecting Your Privacy: Gary Harper and Susan Campbell offer tips to consumers help them protect their privacy in only a matter of seconds. Lending their expertise on privacy is Thomas Germain, a technology writer at Consumer Reports. This 3 On Your Side episode wraps up with Gary and Susan offering tips for consumers to help avoid falling victim to a common trick crooks use to steal your money, The Overpayment Scam.
Don’t get boxed in with your move: When it comes to moving, it is among the most complained about industry’s 3 On Your Side get emails about. To help expose the pitfalls, Gary Harper and Susan Campbell talk to Ryan Charles, from a company called Hire a Helper who sheds light to help consumers from getting ripped off during their move. Gary and Susan wrap up this podcast segment talking about the pitfalls of buying sight unseen vehicles online.
Used car prices going through the roof: If you’re thinking about buying a new vehicle, you might want to pump the brakes. Used car prices are through the roof with new cars often getting full sticker prices on the lot. Emilie Voss is from Carfax and talks to Gary Harper and Susan Campbell about the rising used car prices and what consumers need to know so they don’t get taken for a ride. This 3 On Your Side Podcast ends with Susan and Gary answering questions they frequently get from consumers about balance billing complaints.
Beware of Contracting Scams: This is the season where monsoons can bring damaging winds and rains for countless citizens. Summer is also a time when scammers often show up after a storm offering repair deals that are too good to be true. Jeff Wills, is Chief of Investigations at the Arizona Registrar of Contractors who talked to Susan Campbell and Gary Harper about the Red Flags consumers need to be mindful of as scammers show up unannounced after a storm looking to separate you from your hard earned money. This episode wraps up with Susan and Gary discussing complaints 3 On Your Side often receives about different types of payment scams. For example, viewers tell us they may get a phone call from someone who they believe is their utility company, threatening to shut off their utility if they don’t pay a certain amount of money immediately. It’s a common scam consumer frequently fall victim to.
Deals Take Flight: As summer travel takes flight, 3 On Your Side’s Gary Harper and Susan Campbell talk to Scott Keyes, founder of Scott’s Cheap Flights. Keyes offers tips for consumers to help them find post-pandemic travel deals. The episode concludes with Gary and Susan answering viewer questions about Renters Rights. Information consumers need to keep in mind when it comes to landlord tenant disputes.
Navigating the Hot Housing Market: Susan Campbell and Gary Harper take you on a house hunt with Phoenix, Arizona based real-estate agent Trevor Halpern from Halpern Residential. Halpern helps buyers and sellers navigate the ultra-competitive housing market. 3 On Your Side frequently receives numerous emails from disappointed consumers about things not covered by their Car or Home Warranty. The episode concludes with Susan and Gary offering tips consumers should keep in mind before agreeing to pay thousands of dollars for a Car and/or Home Warranty.
Saving $1,000 on Any Salary: If you have a desire to learn how to save $1,000 on any salary, Gary Harper and Susan Campbell have the answer. On this edition of the 3 On Your Side Podcast, they talk to Deacon Hayes, a financial expert and founder of Well Kept Wallet, a financial education company that strives to enlighten consumers across the globe through a personal finance curriculum. This episode concludes with Gary and Susan answering viewer emails about their decisions to help the environment by adding Solar panels to their homes. While there are consumers pleased with going solar, there are things consumers need to keep in mind when deciding if they should buy or lease solar panels. For example, leasing solar panels can last up to 25 years, with escalating monthly payments.
Copyright 2023 KTVK/KPHO. All rights reserved. | https://www.azfamily.com/2023/07/31/your-side-podcast-more-weddings-this-year-despite-increasing-costs/ | 2023-07-31T14:12:13 | 0 | https://www.azfamily.com/2023/07/31/your-side-podcast-more-weddings-this-year-despite-increasing-costs/ |
BEIJING, July 31, 2023 /PRNewswire/ -- A news report by China.org.cn on a researcher's perception on the achievements and strategies of urban ecology in three mega urban agglomerations in eastern China.
Nowadays, urban agglomerations in China have ushered in a new era as the pace setter of global urban agglomerations, and the multi-dimensional, long-term systematic and objective evaluation on the temporal change in eco-environment of three mega urban agglomerations in eastern China is crucial for promoting sustainable development of urban agglomerations, said Tang Lina, researcher of Institute of Urban Environment, Chinese Academy of Sciences (CAS), in an article released by the Bulletin of Chinese Academy of Sciences (BCAS, in Chinese), a think tank journal supervised and sponsored by the CAS, which focuses on strategic and decision-making research.
According to the article, from 2000 to 2020, under the multiple effects of ecological protection policies, pollution prevention and control policies at the national and regional levels, the mega urban agglomerations in eastern China demonstrated a fluctuating upward trend of overall eco-environmental quality.
Since 2012, there have been historic, transitional, and comprehensive changes in the eco-environment of three mega urban agglomerations, including significant improvement in the ecological quality, environmental quality, efficiency of resource and energy utilization, and eco-environment management capabilities of the mega urban agglomerations. These changes have laid a solid foundation for the regional ecological progresses and high-quality sustainable development, and provided the best practice for the development of eco-environment in other urban agglomerations in China.
Why does China attach great importance to the protection of urban ecology?
Tang points out in the article, "as the main destinations for the shift of the world economic center, urban agglomerations represent the strategic core areas for national new urbanization and economic growth." The mega urban agglomerations, including the Beijing-Tianjin-Hebei Region, the Yangtze River Delta, and Guangdong-Hong Kong-Macao Greater Bay Area, with 5.05% of national land area, 25.05% of the total population, and nearly 40% of the gross domestic product (GDP), serve as the core engines of China's economic growth and an important carrier for China's participation in global competition.
However, the article mentions, "intensive human activities have placed enormous pressure on the eco-environment of the three mega urban agglomerations, thus crippling the sustainable development of urban agglomerations." For many years, research institutions such as Chinese Academy of Sciences and relevant scientific research institutes in universities have carried out a lot of research, providing strong technological support for the ecological progress of urban agglomerations.
A report released at 18th National Congress of the Communist Party of China (CPC) in 2012 noted, "We should make scientific plans for the scale and layout of urban agglomerations; and we should make small and medium-sized cities and small towns better able to develop industries, provide public services, create jobs, and attract population." Meanwhile, in order to improve the eco-environment of urban agglomerations, enhance their people's well-being, and achieve their sustainable development, China has introduced a series of policies on ecological protection and pollution prevention and control at the national and local levels, and put in place numerous measures and actions for environmental protection.
Specifically, since the 18th CPC National Congress, ecological conservation has become part of the "Five in One" overall layout of the cause of socialism with Chinese characteristics. The overall layout refers to the coordination of economic development, political building, cultural development, social progress and ecological conservation. President Xi Jinping's thought on ecological conservation has provided fundamental strategic guidance for the practice of the efforts to keep our skies blue, our waters clear, and our land pollution-free in the three major urban agglomerations in eastern China. In 2018, China incorporated ecological conservation into the Constitution, providing fundamental legal support for the ecological conservation in urban agglomerations.
Thanks to the efforts made by the central government and the Chinese people, China has achieved significant improvement in the quality of atmospheric environment and sustained improvement of the quality of water environment. The average annual concentration of fine particulate matter (PM2.5) of the three mega urban agglomerations increased first and then decreased. It shows sustained improvement in the proportion of good quality of surface water and in the efficiency of resource and energy utilization, accompanied by a remarkable decrease in the pollutant emissions per unit GDP. Moreover, its eco-environmental infrastructure became much better.
To promote the further high-quality development of the mega urban agglomerations, five solutions and prospects are proposed as follows.
First, China should seize the opportunity to stimulate economic transformation and structural reform through low-carbon development, so as to put the mega urban agglomerations into a virtuous cycle of green and low-carbon development.
Second, it is necessary to strengthen regional alignment and inter-department collaboration, to ensure the coordination of multiple elements of the eco-environment and cross-regional coordination.
Third, the country should strengthen the full-life cycle environmental risk management of chemical substances, and build a policy and standard system for environmental risk management of toxic chemical substances.
Fourth, it is needed to promote the implementation of targeted policies tailored to different categories and zones of the mega urban agglomerations and implement targeted policies based on their development orientation.
Finally, China should keep leveraging the role of technological progress in supporting ecological management.
Researcher shares insights into achievements and strategies of urban ecology in E China
http://belt.china.org.cn/2023-07/31/content_96918334.htm
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SOURCE China.org.cn | https://www.wafb.com/prnewswire/2023/07/31/researcher-shares-insights-into-achievements-strategies-urban-ecology-e-china/ | 2023-07-31T14:12:15 | 0 | https://www.wafb.com/prnewswire/2023/07/31/researcher-shares-insights-into-achievements-strategies-urban-ecology-e-china/ |
LAS VEGAS, July 31, 2023 /PRNewswire/ -- UFC®, the world's premier mixed martial arts organization, and Roobet.fun, a completely free-to-play social casino where the Roobet.fun community competes every day for cash and real-world prizes, today announced a multi-year partnership that provides Roobet.fun with significant exposure through some of UFC's biggest events and digital platforms.
BRANDED INTEGRATIONS AND ENTITLEMENTS
Under the terms of the agreement, Roobet.fun will receive prominent branding in the world-famous Octagon® at select UFC Pay-Per-Views and Fight Nights and will be featured as a Presenting Partner of select episodes of Embedded, UFC's all-access video content series featuring top UFC athletes preparing for upcoming events. UFC and Roobet.fun will also collaborate on a variety of custom and original content that will be distributed across UFC-owned social media channels and digital platforms, which reach more than 243 million users worldwide.
In addition, UFC and Roobet.fun will also give fans the chance to experience the excitement of UFC in-person by competing for sweepstakes packages that will feature exclusive in-person prizes, such as tickets to UFC events, post-fight tours of the Octagon, meet and greets with UFC athletes and legends, and VIP tours of the UFC Performance Institute -- the state-of-the-art sports research, innovation, and mixed martial arts training facility in Las Vegas.
The agreement also provides for an annual Brand Ambassador fund that will bring the partnership to life through appearances, content, and creative campaigns with UFC athletes.
"We're thrilled to welcome Roobet.fun as an official UFC partner," said Grant Norris-Jones, Senior Vice President of Global Partnerships. "Roobet.fun is an innovative online gaming platform that offers an incredibly compelling user engagement experience via a free-to-play social casino. It's a forward-thinking approach to gaming we believe UFC fans will enjoy."
"Roobet.fun originally entered the fight space to support some of the best UFC fighters on the planet, and now as the official social casino of the UFC, we will provide exciting, free games and prizes to the greatest fans in the world," said Anthony Brennan, Roobet.fun Co-Founder and Head of Partnerships. "With this partnership, Roobet.fun will create groundbreaking experiences that UFC fans have never seen before."
The Roobet.fun brand already has deep roots within the MMA community, as they individually support several of UFC's best fighters through multi-faceted sponsorships of former champions Alex Pereira, Charles Oliveira, Brandon Moreno and Marlon "Chito" Vera. The company also produces several MMA podcasts, including Champions Corner with former UFC flyweight champion Brandon Moreno; Chute Boxe hosted by Diego Lima, head coach and manager of the famed Chute Boxe Academy in Brazil; and On the House with MMA agent Jason House.
About UFC®
UFC® is the world's premier mixed martial arts organization (MMA), with more than 700 million fans and 243 million social media followers. The organization produces more than 40 live events annually in some of the most prestigious arenas around the world, while broadcasting to over 900 million TV households across more than 170 countries. UFC's active fighter roster features the world's best MMA athletes representing more than 75 countries. The organization's digital offerings include UFC FIGHT PASS®, one of the world's leading streaming services for combat sports. UFC is owned by global sports and entertainment company Endeavor and is headquartered in Las Vegas, Nevada. For more information, visit UFC.com and follow UFC at Facebook.com/UFC, Twitter, Snapchat, Instagram and TikTok: @UFC.
About Roobet.fun
Roobet.fun is the official social casino of the Ultimate Fighting Championship (UFC) and is designed with the next generation of gamer in mind. A crypto faucet with a twist, Roobet.fun provides a player-centric, free-to-play experience on an immersive and secure platform accessible to eligible gamers worldwide. Roobet.fun is a pillar brand which exemplifies the brand's values of empowering the crypto and web3 community, while leveraging cutting-edge technologies to make it happen.
Roobet.fun is creating a space for every type of gamer. With Roobet.fun catering to those trying out crypto or simply enjoying free-to-play games, and Roobet.com continuing its industry-leading innovation in the crypto casino space, the Roobet.fun brand is redefining the entertainment landscape and leading the way in inclusive and creator-led gaming. What started as a haven for crypto enthusiasts has hit the mainstream: with over 300M views on TikTok, the drumbeat from Gen Z and Millennials is building – Roobet.fun is a brand "for the internet, by the internet."
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SOURCE UFC; Roobet.fun | https://www.kait8.com/prnewswire/2023/07/31/roobetfun-named-official-social-casino-ufc/ | 2023-07-31T14:12:15 | 0 | https://www.kait8.com/prnewswire/2023/07/31/roobetfun-named-official-social-casino-ufc/ |
VERONA, Wis. -- Infinity Martial Arts hosted kick-a-thon fundraiser for Gio's Garden in Verona Sunday afternoon.
This was Infinity's sixth year fundraising for Gio's Garden, a local non-profit that helps families and caretakers that have children with special needs.
The fundraiser kicked off with demonstrations from all nine of the martial arts schools. There were plenty of kicks, flips and punches to get the crowd excited.
"They'll say I'm going to do 30 kicks or 40 kicks in 30 seconds, Will you donate a dollar a kick or a quarter a kick or just a flat fee and so that's the kick-a-thon," owner of Infinity Martial Arts, Mike Welch said.
Soon enough a kick-line began-- and with each kick, kids were able to raise more and more money.
The park was filled with kicks and giggles, but for one family the fundraiser meant so much more.
"I was introduced to Gio's Garden pretty much when it started. My son Carter was born in 2009. He would be 15 now," Susannah Welch said.
Carter was a graduate of Gio's Garden. He struggled with feeding, seizures, and a low immune system.
Carter sadly passed away when he was in the second grade. Even though Carter was non-verbal, he had a loud spirit.
"Carter was non-verbal, he was in a wheelchair, but he had bright moments. His laugh is contagious," said Mike.
By the time Mike met his wife Susanna, Carter had aged-out of Gio's. Mike, Susanna and Carter grew close, and Carter's laugh was contagious.
"If you can get him at the right moment-- make the right silly faces-- and you can get him laughing and smiling that was most memorable," Mike said.
"Yes, he had a beautiful smile. I feel like he lit up a room. All his teachers told us every time he smiled everybody else would smile," Susannah said.
Just as kids learn from their parents, parents also learn so much through their kids. Susannah said Carter taught her strength, advocacy and...
"He taught me what love was, you know, unconditional love really. You know, watching a child decline, and having to witness it is really hard. Just the way you love your children no matter what," Susannah said.
Gio's Garden was able to help Susannah and Carter when they needed it most.
"They made sure he got all his feedings, his medications. They helped me get a little break to be a better parent," Susannah said.
Infinity Martial Arts will raise between $30,000 to $40,000 dollars from the kick-a-thon.
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New expert-level certifications, learning products and training curricula planned for 2024
DOWNERS GROVE, Ill., July 31, 2023 /PRNewswire/ -- CompTIA, the world's leading certifying body in information technology (IT), announced today it is developing a new series of expert-level certifications and learning products in data, cybersecurity and cloud networking.
The CompTIA Xpert Series certifications are scheduled for release throughout 2024. The certifications are intended for IT professionals with multiple years of work experience who are interested in validating their expert-level knowledge of business-critical technologies.
"Each certification exam will validate deep expertise in job roles recognized as being at the expert level," said Thomas Reilly, chief product officer, CompTIA. "Beyond validating technical skills, IT pros who earn a CompTIA Xpert Series certification will have demonstrated their ability to understand, implement and articulate advanced technology solutions in any business environment."
The CompTIA Xpert Series will debut with three certifications.
- CompTIA DataX, an advanced-level data science credential.
- CompTIA CloudNetX, intended for advanced network and systems architects who design and manage complex, hybrid IT infrastructures.
- CompTIA SecurityX, the next iteration of the current CompTIA Advanced Security Practitioner (CASP+), aimed at security architects, senior security engineers and others responsible for an organization's cybersecurity readiness.
"The first set of Xpert Series certifications will establish a foundation for a broader expansion into expert-level credentials and learning," Reilly said. "This may include additional CompTIA certifications, CompTIA training for credentials issued by other organizations or training on expert-level skills that may not be associated with a specific certification."
Two IT professionals who are participating in the certification development process as subject matter experts believe the CompTIA Xpert Series will be welcomed by the IT community, especially among mid-level and advanced level professionals.
"The Xpert Series exams are a great addition to CompTIA's portfolio," said Alex Cher, who has worked in IT and cybersecurity since 2006. "CompTIA has an advanced-level certification in cybersecurity, so it makes sense to create similar, advanced exams for infrastructure and other certification categories. The Xpert Series will perfectly fill that void."
"Ongoing career professional development by gaining new skills and experiences is vital to anyone working in IT," said Riaz Khimji, who heads the IT Support Staff Services and Business Relationship Management Collegiate IT, at the University of Oxford. "Individuals can be even more successful in their current role and gain further knowledge in other areas of interest as they progress in their careers. Certifications such as those offered by CompTIA allow them to validate their newly acquired skills."
CompTIA is also developing learning resources and training curricula aligned with the Xpert Series certifications. Learn more at https://www.comptia.org/certifications/xpert-series.
About CompTIA
The Computing Technology Industry Association (CompTIA) is the world's leading information technology (IT) certification and training body. CompTIA is a mission-driven organization committed to unlocking the potential of every student, career changer or professional seeking to begin or advance in a technology career. Each year CompTIA, directly and through its global network of partners, provides millions of people with training, education and certification. To learn more visit https://www.comptia.org/
Media Contact
Steven Ostrowski
CompTIA
sostrowski@comptia.org
630.678.8468
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SOURCE CompTIA | https://www.weau.com/prnewswire/2023/07/31/comptia-reveals-roadmap-xpert-series-product-family/ | 2023-07-31T14:12:18 | 1 | https://www.weau.com/prnewswire/2023/07/31/comptia-reveals-roadmap-xpert-series-product-family/ |
- Highly Accomplished Fintech Executive with Proven Track Record of Delivering Superior Performance and Innovation
- Bob Walters, Rocket Companies Executive and Rocket Mortgage CEO to Retire Effective September 5
- Krishna to Succeed Walters as Rocket Mortgage CEO in dual role; Bill Emerson to Become President and Chief Operating Officer of Rocket Companies
DETROIT, July 31, 2023 /PRNewswire/ -- Rocket Companies (NYSE: RKT), a Detroit-based fintech platform company consisting of tech-driven mortgage, real estate and financial services businesses, including Rocket Mortgage, Rocket Homes, Rocket Loans and Rocket Money, today announced that its Board of Directors has appointed accomplished fintech executive Varun Krishna as the company's Chief Executive Officer, effective September 5, 2023.
Krishna will succeed Bill Emerson, who has served as interim Chief Executive Officer since June. Emerson will continue in his interim role until Krishna joins the Company, and will remain on the Rocket Companies Board while also working with Krishna to ensure a smooth transition of leadership.
Krishna has more than 20 years of experience building consumer platform strategies for leading global fintech companies. Most recently, Krishna served as Executive Vice President and General Manager, Consumer Group of Intuit, Inc., where he oversaw the organization's end-to-end suite of consumer and tax products and services, including TurboTax and TurboTax Live. During his tenure, TurboTax Live became the fastest growing product in Intuit's history. Prior to Intuit, Krishna served as Senior Director of Product at PayPal, where he managed the company's global consumer product team.
"Varun is a visionary leader with a proven track record of helping consumers achieve financial freedom. Throughout his career, he has delivered innovative, technology-driven client experiences for complex personal transactions in large, fragmented markets," said Dan Gilbert, Founder and Chairman of Rocket Companies. "Varun's experience aligns perfectly with Rocket's vision, making him the ideal person to drive growth, strong performance and operational excellence at Rocket. On behalf of the entire Board and our team members, I welcome Varun as Rocket's new CEO."
"We also thank Bill for his support in stepping up to serve as our interim Chief Executive," added Gilbert. "Having served as CEO of Rocket Mortgage, our flagship business, for 15 years, he is the right person to work alongside Varun going forward to ensure a seamless transition."
"I am honored to join the Rocket Companies team," said Krishna. "Rocket has a rock-solid foundation and tremendous potential, with its comprehensive ecosystem and industry-renowned technology, strong brand and award-winning client service. I look forward to working with Bill, the Board and Rocket's exceptionally talented team members to drive the company's future success and create long-term value for our stakeholders."
The company also announced that Bob Walters has informed the Board of Directors of his intention to retire on September 5, when he will step down from his roles as CEO of Rocket Mortgage and as President and Chief Operating Officer of Rocket Companies. Krishna will succeed Walters at that time as Rocket Mortgage CEO and Emerson will assume the roles of President and Chief Operating Officer for Rocket Companies.
"Since joining Rocket Mortgage more than 26 years ago, Bob has built an exceptional team and strengthened our foundation to enable the company to grow in any market," said Gilbert. "His legacy as a leader and an expert in Capital Markets will leave a lasting impact on Rocket Mortgage and I thank him for the years of dedication to our business."
"For the last 27 years, I have been honored to work alongside many special and talented people who are also some of the very best anyone could ever hope to spend a career with," Walters said. "I'm excited about the next chapter, but I will deeply miss the camaraderie, passion and excellence of everyone who has built Rocket into the great company that it is. I am proud to be able to leave with the business in great hands, knowing, as Dan Gilbert often reminds us, 'Our best days are most certainly ahead.'"
"Dan's impact on numerous industries, the cities of Detroit and Cleveland and so much more has been, and continues to be, profound. I couldn't have known so many years ago when I started that I'd have a front row seat to history. Working closely with Dan and learning from him has been the privilege of a lifetime," Walters added.
About Varun Krishna
Krishna has served as Executive Vice President & General Manager of Intuit's Consumer Group since his appointment in May of 2022. Prior to this role, he served in a variety of leadership roles within the TurboTax and Mint businesses, most notably as its Senior Vice President and GM from 2020-2022. Before Intuit, he served as Senior Director of Product at PayPal, where he managed the global consumer product organization. Prior to these roles, Krishna held a myriad of product leadership roles at Groupon and Betterworks and spent nine years at Microsoft, where he was named to several positions of increasing responsibility.
Krishna holds a Bachelor's degree in Computer Engineering from the University of Waterloo in Canada.
About Rocket Companies
Founded in 1985, Rocket Companies is a Detroit-based fintech platform company consisting of personal finance and consumer technology brands including Rocket Mortgage, Rocket Homes, Amrock, Rocket Money, Rocket Loans, Rocket Mortgage Canada, Lendesk, Core Digital Media, Rocket Central and Rocket Connections.
Rocket Companies' mission is to be the best at creating certainty in life's most complex moments so its clients can pursue their financial dreams. The Company helps clients achieve the goal of home ownership and financial freedom through industry-leading client experiences powered by its simple, fast and trusted digital solutions. J.D. Power has ranked Rocket Mortgage, part of Rocket Companies, #1 in client satisfaction for both primary mortgage origination and servicing 21 times – the most of any mortgage lender.
For more information, please visit the Company's Corporate Website or Investor Relations Website.
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SOURCE Rocket Companies, Inc. | https://www.wafb.com/prnewswire/2023/07/31/rocket-companies-appoints-varun-krishna-chief-executive-officer/ | 2023-07-31T14:12:22 | 0 | https://www.wafb.com/prnewswire/2023/07/31/rocket-companies-appoints-varun-krishna-chief-executive-officer/ |
The fashion show on September 13, 2023, hosted by Shaquem Griffin, will feature Adaptive and Universally Designed apparel, footwear, and products from: Zappos, Kohl's, Target, JCPenney, Tommy Hilfiger, Stride Rite, Steve Madden, French Toast Adaptive, adidas, and a runway debut of Victoria's Secret and PINK's first-ever Adaptive Intimates.
NEW YORK, July 31, 2023 /PRNewswire/ -- The Runway of Dreams™ Foundation, a nonprofit organization leading the charge on inclusion, acceptance, and opportunity in the fashion and beauty industries for people with disabilities, announced today their return to the runway during New York Fashion Week. This one-of-a-kind Adaptive fashion show, aptly titled A Fashion Revolution, is presented by online retailer Zappos, and will take place on Wednesday, September 13, 2023, at Powerhouse Arts in Brooklyn, New York. Shaquem Griffin, former NFL linebacker, will be hosting. Griffin was featured this summer in the Runway of Dreams' Campaign for Inclusion, the first multi-brand fashion and beauty campaign featuring people with disabilities wearing Adaptive & Universally Designed products. "I'm honored to continue my journey with Runway of Dreams. This organization is a trailblazer for change, and advocates for millions of people across the globe like myself, who need accessible clothing, which so many people take for granted every day of their lives," - he said. Mr. Griffin will be dressed in looks provided by Neiman Marcus and Tommy Hilfiger.
A Fashion Revolution will highlight the groundbreaking work that leading and emerging companies, from lingerie to luxury, are doing in the Adaptive and Universally Designed space, showcased on 70 models with varying disabilities and backgrounds. The show brings together 500+ leaders and champions of DEI under one roof during New York Fashion Week with the same mission: celebrate inclusion in the fashion and beauty industries.
"The Runway of Dreams stage is where brands have chosen to celebrate the debut of their Adaptive designs over the years, and I am thrilled and so honored to welcome Victoria's Secret and Pink Adaptive to the Adaptive family. Knowing the Victoria's Secret and PINK Adaptive products were developed with and for people with disabilities proves their commitment to true inclusion, and understanding the work that needs to go into making these products authentically," said Mindy Scheier, Founder of Runway of Dreams.
"We are excited to debut our first-ever Adaptive collection during New York Fashion Week on the Runway of Dreams' runway. Runway of Dreams advocates for industry change by empowering people with disabilities to have confidence and self-expression through inclusion in fashion and beauty. We are honored to join the many brands who have decided to debut their Adaptive apparel on this runway adding to the historic timeline that is the future of fashion," said Lydia Smith, Chief Diversity Officer, Victoria's Secret & Co.
In addition to brands on the runway, innovative small brands will showcase their products onsite during the evening. Brands included: MAI We Care, Spoonie Threads, One Leg Up, Reboundwear, and Silverts Adaptive.
Zappos will be awarded the esteemed Pioneer of Change Award, presented to Zappos CEO Scott Schaefer and Zappos Adaptive Business Development Manager Dana Zumbo. Billy Price of BILLY Footwear will also be awarded with the Inspirational Achievement Award for their innovative zippered Adaptive shoes. Two scholarships will be awarded as part of the Foundation's commitment to educate and inspire the next generation of Adaptive designers.
"We've been proud partners of Runway of Dreams since the launch of our Zappos Adaptive shopping experience in 2017," said Dana Zumbo, Business Development Manager for Zappos Adaptive. "Together, we have grown in our shared commitment to make fashion more functional and fashionable for all. This is the stage to be on, and we are humbled to be returning this year as the 2023 Presenting Sponsor."
Following the show, September 14th to 16th is a free and open-to-the-public and first-of- its-kind Adaptive exhibit at Hudson Yards in New York City. This curated display will feature Adaptive and Universally Designed collections from mainstream brands committed to inclusion in the fashion and beauty industries and the history of Runway of Dreams as a trailblazer in the Adaptive space. The event is an opportunity for the public to learn about available Adaptive and Universally Designed products, and to emphasize the need for true inclusion in our mainstream world.
Sponsorship and Corporate Seating Packages Available. Please contact corporaterelations@runwayofdreams.org for more details. Public ticket sales and information about the public exhibit will be announced at runwayofdreams.org and on the Runway of Dreams' social channels.
ABOUT RUNWAY OF DREAMS:
Runway of Dreams is a non-profit (501c3) organization leading the movement of disability inclusion in the fashion and beauty industries. ROD raises awareness and inspires change through programming that celebrates people's differences, challenges stereotypes, and highlights the need for Adaptive & Universally designed apparel.
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SOURCE Runway of Dreams Foundation | https://www.kait8.com/prnewswire/2023/07/31/runway-dreams-foundation-returns-new-york-fashion-week-with-runway-show-public-exhibit-recognizing-adaptive-amp-universally-designed-apparel-footwear-products/ | 2023-07-31T14:12:22 | 0 | https://www.kait8.com/prnewswire/2023/07/31/runway-dreams-foundation-returns-new-york-fashion-week-with-runway-show-public-exhibit-recognizing-adaptive-amp-universally-designed-apparel-footwear-products/ |
New York (CNN) — It’s a strange time for mid-sized banks in the US. The collapse of three regional banks earlier this year followed by the emergency merger of PacWest and Banc of California last week has created a shakeup in the industry that’s been exacerbated by the Federal Reserve’s continued efforts to raise interest rates.
Another small bank failed Friday. Heartland Tri-State Bank of Elkhart, Kansas, was wound up by the Federal Deposit Insurance Corporation. Its four branches will reopen Monday as part of Dream First Bank under a deal that will see it buy most of its failed rivals assets.
But executives at the US arm of Spain’s Santander (SC), the 30th largest bank in America according to the Fed, with more than $105 billion in consolidated assets, don’t appear to be worried. Santander (SC) US CEO Tim Wennes told Before the Bell that confidence among customers remains high.
Santander recently released a quarterly survey of about 2,250 middle-income bank and financial services customers (defined as having household incomes between $47,000 and $142,000.)
“We started this survey because there were a lot of mixed economic signals out there,” said Wennes. “The majority of our clients here in the United States are middle-income households, and we want to understand how inflation is impacting them, how higher auto prices are impacting them, how they’re thinking about their behaviors and payments,” he said.
The survey found that nearly 80% of households said they weren’t impacted by the recent banking crisis and had not changed their financial behavior because of the recent failures. Only 5% of those surveyed said they changed banking providers because of the turmoil.
Santander also found that 68% of responders said they were on track to achieve financial prosperity and that 79% thought it would happen in the next 10 years. The bank defined prosperity as “thriving financially, being able to cover living expenses, handle emergencies, and pursue life goals without significant tradeoffs.”
Before the Bell spoke to Wennes about these results, the resiliency of the US consumer and the future for regional banks.
Before the Bell: Is there a difference between consumer confidence and people thinking they’re on the path to financial prosperity? Is this a difference between having savings versus spending money?
Tim Wennes: What we see in the survey is that inflation is taking a bite out of consumers’ wallets, and the majority of consumers are adjusting how they’re spending money because inflation is their number one worry. At the same time, consumers are resilient and hopeful. So when we ask them these questions about prosperity, whether they’re on the right track, the answers are overwhelmingly yes.
A lot of people surveyed think they’ll become financially prosperous within the next 10 years. But when we look at the short term, that number decreases a bit. Is there a mental disconnect there?
People believe they’re making the right choices. Some of them are insecure, clearly. But consumers are still confident in their bank and in the banking industry but also taking advantage of this current interest rate scenario. So the upside of what’s happened with interest rates is for those that have deposits, some savings and investments can now be earning a much higher risk-free return on that. Higher than they’ve seen in the last 15 years.
Why aren’t more people moving into high-yield accounts?
I think it’s inertia. People are comfortable with what they’ve got and so they don’t take action. But as time passes there comes more awareness, and we’ll see more customers move to take advantage of that. I think that the barriers to changing accounts are also going down. That makes it easier for customers to either open new accounts or to make changes to the type of account that they have.
Were you surprised that confidence in banking remains high after the recent regional banking crisis?
I was not surprised, it mirrors what we’ve seen with our customers. The foundation of banking is built on trust and confidence, and that’s driven by relationships and communication. Customers have been stable and we’ve been communicating very frequently to make sure that they’ve got the latest information.
In your survey, 73% of those concerned about inflation say that they haven’t been able to save as much, which is up from the previous quarter, and 68% say that they’ve made significant cuts to adjust for inflation. That’s also up over last quarter. Is inflation also cutting into savings?
I think people are thinking about their immediate situation versus their outlook for the future. It gets back to resiliency for consumers. They have the view that they can make the adjustments they need to make in order to be prosperous in the future. We’re also seeing reasonable wage growth, and we’ve got very strong employment levels. There is reason for people to be confident. People are also seeing inflation come down and they’re optimistic about that.
Two thirds of the economy is driven by the consumer. And what we’ve seen here over the past two years is that the consumer remains remarkably resilient and remarkably confident.
Tupperware shares were up 165% last week
The meme traders are back. Shares of Tupperware (TUP) exploded by about 165% last week and more than 300% over the last month for no discernible reason.
The Florida-based container company has been in hot water for some time. Sales are on the decline and Tupperware even warned in April that it was on the brink of bankruptcy.
In early June, the New York Stock Exchange even notified Tupperware that it was in noncompliance with the exchange’s rules because its market capitalization was too low, less than $50 million, over a period of 30 trading days. Tupperware’s average closing price, the notification said, was also less than $1 for that period — below the exchange’s threshold.
In early July, BlackRock stepped in as an investment partner to Tupperware, possibly to help them manage their debt load. But no new material announcements or changes have been made since then.
The surge in stock price would make some sense if there were any indication that the company had begun a turnaround or found an eligible buyer. But there’s no evidence that either of those things has happened.
There are, however, posts on Reddit that could offer an explanation.
“YEESH,” wrote one user about the company’s outlook. “Still threw $3,000 at it. Did the same with [Bed Bath & Beyond] last summer. As long as I’m not playing with too much and have a stop loss I’m ok with losing a few hundred dollars for a chance to moon again.”
“This will be the next big short squeeze, I went all in yesterday,” commented another.
On Thursday, the trading volume for Tupperware was three times higher than the prior 30-day average, according to FactSet.
Like GameStop and movie theater chain AMC previously, it appears Redditors are trying to send the 77-year-old struggling business “to the moon.”
Also like other meme stocks, shares of Tupperware have been highly shorted. That means a lot of traders are betting that the stock has further to fall.
Before you join the “Tupperware party,” remember that meme stocks tend to be very volatile, with sweeping highs and lows. Libra Investment Services warned on Friday that investors in Tupperware face a high risk of loss.
Tupperware shares are still down nearly 30% year to date.
Illegal child labor is on the rise in a tight job market
US child labor violations have jumped in recent years. Some well-known companies, consumer-facing name brands, have been caught employing children for grueling work in dangerous conditions. A tight labor market has prompted many employers to search for the cheapest available labor; state legislators are even pushing bills that would limit legal protections for underage workers.
Now, the Department of Labor has announced actions it’s taken so far this year through a new interagency task force on child labor.
“Child labor is an issue that gets to the heart of who we are as a country and who we want to be,” said Acting Secretary of Labor Julie Su in a news release Thursday. “Like the President, we believe that any child working in a dangerous or hazardous environment is one child too many.”
In many of these cases, it’s the children of recent migrants working long hours in difficult conditions, said Jordan Barab, deputy assistant secretary at the Occupational Safety and Health Administration during the Obama administration.
“You’re piling vulnerable on top of vulnerable here,” Barab added.
Between October 1, 2022, and July 20, 2023, the Department of Labor concluded 765 child labor cases, found 4,474 children employed in violation of federal child labor laws and assessed more than $6.6 million in penalties against employers, the agency announced on Thursday.
That’s a 44% increase in the number of children illegally employed and an 87% increase in penalties compared to the same period the year before, according to the Labor Department.
In addition, the Wage and Hour Division of the Labor Department is currently pursuing more than 700 open child labor cases.
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THE-CNN-WIRE (TM) & © 2023 CABLE NEWS NETWORK, INC., A TIME WARNER COMPANY. ALL RIGHTS RESERVED. | https://www.channel3000.com/news/money/middle-income-americans-think-prosperity-is-within-reach/article_a18f4e50-6f88-5248-9609-a8c818ef8e4e.html | 2023-07-31T14:12:24 | 0 | https://www.channel3000.com/news/money/middle-income-americans-think-prosperity-is-within-reach/article_a18f4e50-6f88-5248-9609-a8c818ef8e4e.html |
The FICO® Decisions Award 2023 recipient increases loan readiness rates among the underserved - like first time homebuyers, low-to-moderate-income, and minority borrowers.
NAPLES, Fla., July 31, 2023 /PRNewswire/ -- Credit Fintech SaaS platform CredEvolv cemented its status as a socially committed innovator, with its recently received FICO Decisions Award in the category of Financial Inclusion. This is a global award, given to only 15 companies across 10 categories each year.
While traditional credit repair organizations prioritize quick fix solutions and tradeline disputes, CredEvolv's platform prioritizes consumer education and credit well-being, which drives sustainable credit score improvements and credit confidence among consumers.
Mission-aligned lenders who connect their clients through the platform are also able to "do well by doing good," achieving greater pull-through in closed loans while doing well by their consumer base.
CredEvolv connects low-credit and credit-declined consumers with HUD-certified and nonprofit credit counseling agencies via its platform - resulting in a significant increase in the number of consumers who can achieve loan readiness in a short period of time.
"Since inception in 2021, we've shown we can 10x the number of consumers who actually obtain a mortgage within 12 months of a credit decline, versus those who try to DIY their credit fixes," Jeff Walker, CredEvolv's CEO, said.
"Additionally, our nonprofit counselor partners - who work on our platform, using our integrated tools like FICO Score Open Access and Freddie Mac HomeCoachSM - are able to achieve results that, quite simply, for-profit companies, quick-score models, and AI can't achieve. That extra hand-holding provided by a compliant, nonprofit counselor makes a big difference."
CredEvolv partners with mission-aligned lenders who want to increase loan readiness rates among their borrowers who would otherwise fall out of their pipeline. By connecting their clients to CredEvolv - and through that connection to a nonprofit credit counselor - lenders see increased pull-through in their pipelines.
CredEvolv consumers achieve mortgage readiness in an average of 3 to 5 months - and sometimes sooner.
About CredEvolv
CredEvolv breaks down the barriers to credit equity and guides individuals seeking improved credit on a journey to sustainable, lifelong credit well-being. CredEvolv's proprietary credit and debt management education platform allows lenders to transform consumers in need of credit education and remediation into qualified applicants and lifelong customers by connecting them with HUD-certified & nonprofit credit counselors.
For more information, visit CredEvolv.com.
Contact
Libby Romano
media@credevolv.com
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LAS VEGAS, July 31, 2023 /PRNewswire/ -- UFC®, the world's premier mixed martial arts organization, and Roobet.fun, a completely free-to-play social casino where the Roobet.fun community competes every day for cash and real-world prizes, today announced a multi-year partnership that provides Roobet.fun with significant exposure through some of UFC's biggest events and digital platforms.
BRANDED INTEGRATIONS AND ENTITLEMENTS
Under the terms of the agreement, Roobet.fun will receive prominent branding in the world-famous Octagon® at select UFC Pay-Per-Views and Fight Nights and will be featured as a Presenting Partner of select episodes of Embedded, UFC's all-access video content series featuring top UFC athletes preparing for upcoming events. UFC and Roobet.fun will also collaborate on a variety of custom and original content that will be distributed across UFC-owned social media channels and digital platforms, which reach more than 243 million users worldwide.
In addition, UFC and Roobet.fun will also give fans the chance to experience the excitement of UFC in-person by competing for sweepstakes packages that will feature exclusive in-person prizes, such as tickets to UFC events, post-fight tours of the Octagon, meet and greets with UFC athletes and legends, and VIP tours of the UFC Performance Institute -- the state-of-the-art sports research, innovation, and mixed martial arts training facility in Las Vegas.
The agreement also provides for an annual Brand Ambassador fund that will bring the partnership to life through appearances, content, and creative campaigns with UFC athletes.
"We're thrilled to welcome Roobet.fun as an official UFC partner," said Grant Norris-Jones, Senior Vice President of Global Partnerships. "Roobet.fun is an innovative online gaming platform that offers an incredibly compelling user engagement experience via a free-to-play social casino. It's a forward-thinking approach to gaming we believe UFC fans will enjoy."
"Roobet.fun originally entered the fight space to support some of the best UFC fighters on the planet, and now as the official social casino of the UFC, we will provide exciting, free games and prizes to the greatest fans in the world," said Anthony Brennan, Roobet.fun Co-Founder and Head of Partnerships. "With this partnership, Roobet.fun will create groundbreaking experiences that UFC fans have never seen before."
The Roobet.fun brand already has deep roots within the MMA community, as they individually support several of UFC's best fighters through multi-faceted sponsorships of former champions Alex Pereira, Charles Oliveira, Brandon Moreno and Marlon "Chito" Vera. The company also produces several MMA podcasts, including Champions Corner with former UFC flyweight champion Brandon Moreno; Chute Boxe hosted by Diego Lima, head coach and manager of the famed Chute Boxe Academy in Brazil; and On the House with MMA agent Jason House.
About UFC®
UFC® is the world's premier mixed martial arts organization (MMA), with more than 700 million fans and 243 million social media followers. The organization produces more than 40 live events annually in some of the most prestigious arenas around the world, while broadcasting to over 900 million TV households across more than 170 countries. UFC's active fighter roster features the world's best MMA athletes representing more than 75 countries. The organization's digital offerings include UFC FIGHT PASS®, one of the world's leading streaming services for combat sports. UFC is owned by global sports and entertainment company Endeavor and is headquartered in Las Vegas, Nevada. For more information, visit UFC.com and follow UFC at Facebook.com/UFC, Twitter, Snapchat, Instagram and TikTok: @UFC.
About Roobet.fun
Roobet.fun is the official social casino of the Ultimate Fighting Championship (UFC) and is designed with the next generation of gamer in mind. A crypto faucet with a twist, Roobet.fun provides a player-centric, free-to-play experience on an immersive and secure platform accessible to eligible gamers worldwide. Roobet.fun is a pillar brand which exemplifies the brand's values of empowering the crypto and web3 community, while leveraging cutting-edge technologies to make it happen.
Roobet.fun is creating a space for every type of gamer. With Roobet.fun catering to those trying out crypto or simply enjoying free-to-play games, and Roobet.com continuing its industry-leading innovation in the crypto casino space, the Roobet.fun brand is redefining the entertainment landscape and leading the way in inclusive and creator-led gaming. What started as a haven for crypto enthusiasts has hit the mainstream: with over 300M views on TikTok, the drumbeat from Gen Z and Millennials is building – Roobet.fun is a brand "for the internet, by the internet."
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SOURCE UFC; Roobet.fun | https://www.wafb.com/prnewswire/2023/07/31/roobetfun-named-official-social-casino-ufc/ | 2023-07-31T14:12:29 | 0 | https://www.wafb.com/prnewswire/2023/07/31/roobetfun-named-official-social-casino-ufc/ |
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.kait8.com/prnewswire/2023/07/31/sampp-global-named-best-artificial-intelligence-technology-provider-by-waterstechnology/ | 2023-07-31T14:12:29 | 0 | https://www.kait8.com/prnewswire/2023/07/31/sampp-global-named-best-artificial-intelligence-technology-provider-by-waterstechnology/ |
Protestors gather outside the Royal Courts of Justice in London on July 25, ahead of a legal challenge from climate campaign groups over the government's opening of a new round of oil and gas extraction licensing in the North Sea.
London (CNN) — The UK government has announced plans to allow a big expansion of drilling for oil and gas in the North Sea in a move that environmental activists have described as a taking a “wrecking ball” to the country’s climate commitments.
Prime Minister Rishi Sunak said Monday that he hoped the plans would provide the UK with domestically-sourced energy while it transitions to a net zero economy by 2050.
“Even when we’ve reached net zero in 2050, a quarter of our energy needs will come from oil and gas. But there are those who would rather that it come from hostile states than from supplies we have here at home,” Sunak said in a statement.
He also announced plans to build two new carbon capture and storage sites in the North Sea, to be completed by 2030, which would take the country’s total to four.
Carbon capture facilities work at the source of the pollution by putting emissions into contact with a liquid solvent, which extracts the carbon dioxide in a process called chemical scrubbing.
That reduces the amount of carbon that would otherwise go into the atmosphere. The carbon can then be stored in products like cement, or buried deep underground.
The UK announcement comes despite evidence that the climate crisis is accelerating, and flies in the face of a previous warning from the International Energy Agency that there must be no new investment in oil and gas exploration if the world is to have any chance of restricting the rise in global temperatures to 1.5 degrees Centigrade above pre-industrial levels.
Sunak’s office said he had committed to granting “hundreds” of new licenses for companies to drill for oil and gas offshore, with the first 100 expected to be granted in the fall.
The licensing process, overseen by the North Sea Transition Authority, will be more flexible to allow companies to drill near currently licensed areas, “unlocking vital reserves which can be brought online faster,” Sunak’s office said in a statement.
However, the process would still apply a “climate compatibility test” to all prospective licenses, it added.
Simon Roddy, senior vice president of Shell UK’s exploration and production business, said in a statement that the announcement of a new carbon capture and storage project in Scotland was “an important step forward” for the industry.
“[The project] is a central part of plans to decarbonize North Sea operations, and to store emissions from other parts of Scottish industry,” he said.
Climate groups have criticized Sunak’s announcement as a setback for the UK’s environmental goals.
“Extracting more fossil fuels from the North Sea will send a wrecking ball through the UK’s climate commitments at a time when we should be investing in a just transition to a low carbon economy and our own abundant renewables,” Lyndsay Walsh, Oxfam’s climate change policy advisor, said in a Monday statement.
Philip Evans, oil and gas transition campaigner for Greenpeace UK, also said Monday that the government had “decided to row back on key climate policies, attempted to toxify net zero, and recycled old myths about North Sea drilling.”
“Relying on fossil fuels is terrible for our energy security, the cost of living, and the climate,” Evans said.
Sunak’s announcement puts his Conservative government at loggerheads with the opposition Labour Party, which has called for a ban on all new oil and gas projects in the North Sea, and a funneling of new investment into the country’s renewable energy industry. | https://www.channel3000.com/news/money/the-uk-will-drill-for-more-oil-and-gas-in-the-north-sea/article_61ecb3de-2040-5aea-b350-9821bd375506.html | 2023-07-31T14:12:30 | 1 | https://www.channel3000.com/news/money/the-uk-will-drill-for-more-oil-and-gas-in-the-north-sea/article_61ecb3de-2040-5aea-b350-9821bd375506.html |
The show promotes discrimination and bias against little people and other disabled persons
SAN RAFAEL, Calif. , July 31, 2023 /PRNewswire/ -- The Marin Center for Independent Living and Little People of America, Inc. are calling on the Sonoma County Fair (SCF) to cancel the "M"[slur] wrestling show scheduled for August 3, 2023 at the fairgrounds in Santa Rosa, CA. The SCF is hosting this event for the second year, even though local disability advocates communicated opposition to last year's performance. "The show must go!" said Eileen Norman, President of Little People of America, Inc., a third generation resident of Santa Rosa.
Norman added, "our opposition is not solely about the use of the "m"[slur] and its offensiveness, it is to the show itself - which is a visual expression of bias - and the marginalization it incites from the audience members. The visual performance showcases disabled persons chosen specifically for their disability as a form of entertainment."
According to a 2022 story in the Sonoma Press Democrat during last year's performance, audience members characterized as "the opposite of woke" shouted "We want the 'm'[slur]s" and "Give us the 'm'[slur]s."
Eli Gelardin, CEO of the Marin Center for Independent Living said "I believe that the intent of it is to be amusing for others who are not disabled, which is exploitation and dehumanizing. The violence displayed in the program, whether real or acted, shows plot and characterizations that could validate bias against people with disabilities." Gelardin is also a lifelong resident of the North Bay region, having lived previously in Santa Rosa. He continued by saying "I am a little person, my wife is disabled, we have a child. What happens if someone gets the message that it's ok to act out the sentiments in this show. I am not just being an advocate here, I need to protect my family."
On Tuesday Marin CIL, LPA sent a letter to the SCF Chief Executive Officer and the Sonoma County Board of supervisors calling for the removal of the performance from the fair's schedule. The letter was co-signed by fifteen (15) international, national, and California statewide and local disability rights organizations.
Following the letter several disabled advocates spoke during public comment at the SCF Board of Directors meeting. Olivia Glaubiger, a young woman born and raised in Santa Rosa summed up her experience by saying "I grew up in this community and continue to live here. I've experienced bullying, strangers taking pictures of me and mistaking me for other little people. I've always loved the fair, when I was young I entered the art contest for the new fair logo. Now the fair has changed for me, I don't feel welcome anymore."
The Sonoma County Fair has consistently attempted to divert meaningful discussion about the issue to the performers and away from their own responsibility in deciding to host this show. Ted Jackson, Sr. Advisor-Public Policy & Engagement for Marin CIL said "from the initial email and at each connection point the fair's executive has responded with diversion to the performers. This is not about the performers. This is about the fair taking ownership for their actions. If they had the power to make this mistake, they have the power to fix it. When people have to gaslight, they know they've done something wrong."
Marin CIL, LPA National and our coalition will continue to advocate without compromise.
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SOURCE Marin Center for Independent Living | https://www.weau.com/prnewswire/2023/07/31/disability-advocates-call-sonoma-county-fair-cancel-mslur-wrestling-warriors-performance-this-years-fair/ | 2023-07-31T14:12:31 | 1 | https://www.weau.com/prnewswire/2023/07/31/disability-advocates-call-sonoma-county-fair-cancel-mslur-wrestling-warriors-performance-this-years-fair/ |
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.wafb.com/prnewswire/2023/07/31/sampp-global-named-best-artificial-intelligence-technology-provider-by-waterstechnology/ | 2023-07-31T14:12:35 | 1 | https://www.wafb.com/prnewswire/2023/07/31/sampp-global-named-best-artificial-intelligence-technology-provider-by-waterstechnology/ |
Dianne, center, and Seth Grossman, right, parents of Mallory Grossman, look as their attorney, Bruce Nagel, holds up a cell phone during a news conference in Roseland, New Jersey on August 1, 2017.
A New Jersey school district has agreed to pay $9.1 million to the family of Mallory Grossman, a 12-year-old girl who died by suicide after she was bullied at school. Her parents join CNN This Morning to discuss.
A New Jersey school district has agreed to pay $9.1 million to the family of Mallory Grossman, a 12-year-old girl who died by suicide after she was bullied at school. Her parents join CNN This Morning to discuss.
Seth Wenig/AP
Dianne, center, and Seth Grossman, right, parents of Mallory Grossman, look as their attorney, Bruce Nagel, holds up a cell phone during a news conference in Roseland, New Jersey on August 1, 2017.
(CNN) — A New Jersey school district has agreed to pay $9.1 million to the family of a girl who died by suicide after she was bullied at school, the family’s attorney said.
The settlement comes after Diane and Seth Grossman sued Rockaway Township School District in 2018, claiming that, despite repeated complaints, Copeland Middle School administrators did not do enough to prevent their daughter’s death.
Twelve-year-old Mallory Grossman took her own life in June 2017 after being bullied in school and cyberbullied by classmates throughout the school year through text and Snapchat messages, according to the lawsuit filed in New Jersey superior court.
CNN has reached out to the Rockaway Township School District for comment on the settlement, which was reached in court Wednesday.
It is the largest bullying settlement in New Jersey history, an attorney for the Grossman family, Bruce Nagel, told CNN.
“This settlement should send a strong signal to schools around the country that bullying is an epidemic and schools have a responsibility to protect our children,” Nagel said.
“Seth and I are satisfied with the settlement, ready to put this part behind us and move forward, continuing to lend our voice to the epidemic that is stealing our children’s future,” Dianne Grossman said in a statement. “We hope all schools, (Boards of Education) and administrators will take a look at their current policies & make the necessary changes to protect all students, as it pertains to bullying and cyberbullying.”
The issue of bullying in schools has taken on a new dynamic since the rise of social media, experts say.
“Before social media, there might have been an unpleasant interaction at school and that’s mostly where it stops,” Nikki Pagano, a licensed clinical social worker in Charlotte, North Carolina, previously told CNN. “Now, that interaction carries over to home and is inescapable. Instead of one person making you feel bad, there may be something posted online and peers may be seeing or even ‘liking’ this post.”
New Jersey Gov. Phil Murphy has taken measures to address bullying concerns in schools. In January 2022 he signed a measure, dubbed “Mallory’s Law,” requiring school districts to provide specific consequences in anti-bullying policies for students harassing or bullying a classmate, according to the New Jersey state legislature. | https://www.channel3000.com/news/national-and-world-news/new-jersey-school-district-reaches-9-1-million-settlement-with-family-of-teen-who-died/article_25aded2a-37c1-5916-b836-ec55caa8f1b3.html | 2023-07-31T14:12:36 | 1 | https://www.channel3000.com/news/national-and-world-news/new-jersey-school-district-reaches-9-1-million-settlement-with-family-of-teen-who-died/article_25aded2a-37c1-5916-b836-ec55caa8f1b3.html |
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.kait8.com/prnewswire/2023/07/31/sera-prognostics-announces-conference-call-webcast-second-quarter-fiscal-year-2023-financial-results-august-9-2023/ | 2023-07-31T14:12:35 | 1 | https://www.kait8.com/prnewswire/2023/07/31/sera-prognostics-announces-conference-call-webcast-second-quarter-fiscal-year-2023-financial-results-august-9-2023/ |
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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SOURCE EpicQuest Education Group International Limited | https://www.weau.com/prnewswire/2023/07/31/epicquest-educations-davis-college-announces-articulation-agreement-with-northeastern-university-ranked-by-us-news-top-50-us-university/ | 2023-07-31T14:12:38 | 1 | https://www.weau.com/prnewswire/2023/07/31/epicquest-educations-davis-college-announces-articulation-agreement-with-northeastern-university-ranked-by-us-news-top-50-us-university/ |
CNN's Chloe Melas speaks to Tim McGraw about his upcoming album and tour "Standing Room Only." He also shared his thoughts on the growing trend where concertgoers are throwing items on stage.
(CNN) —Tim McGraw is gearing up to go on tour and he hopes the experience will not include anyone throwing things at him on stage.
The country music star and “1883” actor spoke to CNN about the concerning trend of concertgoers throwing items such as drinks and cellphones at artists while they are performing on stage.
“I think it’s terrible,” McGraw told CNN. “I mean, you could really injure somebody and you could miss and hit somebody in the audience and injure somebody. What happens if somebody gets hurt? Then it ruins the show for everybody. If somebody can’t continue performing.”
McGraw’s “Standing Room Only Tour” will hit arenas in more than 30 cities beginning next March.
“I’m used to soft goods being thrown at me,” McGraw said with a laugh. “And that’s fine, but don’t throw anything that’s got any heft to it that’s gonna hurt somebody. I just think that it’s just not appropriate to do. Everybody’s there to have fun and there’s just no need in any of that.”
“Hopefully it doesn’t happen, but I’ll try to stay calm if it does,” McGraw added.
The “Just to See You Smile” singer is also debuting his 17th studio album in August.
“I wanted this music on this album to reflect life in general and be life-affirming and positive,” he said. “It all sort of formulated during [the pandemic], what we were going through and then as we were coming out of it and getting our feet back under us. I wanted the music to sort of reflect that, living the good life and being the best person that you can be and knowing we all make mistakes, but you wake up the next day and try to be a better person.” | https://www.channel3000.com/news/national-and-world-news/tim-mcgraw-speaks-out-on-concertgoers-throwing-things-at-shows-it-s-terrible/article_6791f473-1865-5bd4-8f4e-3773529d6c81.html | 2023-07-31T14:12:42 | 0 | https://www.channel3000.com/news/national-and-world-news/tim-mcgraw-speaks-out-on-concertgoers-throwing-things-at-shows-it-s-terrible/article_6791f473-1865-5bd4-8f4e-3773529d6c81.html |
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.wafb.com/prnewswire/2023/07/31/sera-prognostics-announces-conference-call-webcast-second-quarter-fiscal-year-2023-financial-results-august-9-2023/ | 2023-07-31T14:12:42 | 1 | https://www.wafb.com/prnewswire/2023/07/31/sera-prognostics-announces-conference-call-webcast-second-quarter-fiscal-year-2023-financial-results-august-9-2023/ |
SAN DIEGO, July 31, 2023 /PRNewswire/ -- Sony Electronics Inc. today revealed pricing and availability for the new Sony BRAVIA XR A95L QD-OLED 4K HDR Google TV. This model comes in 55" (54.6" diag.), 65" (64.5" diag.) and 77" (76.7" diag.) class sizes with suggested retail price starting at $2,799.99. The A95L offers Sony's best color ever and will be available for pre-order starting August 21 at Sony authorized dealers nationwide.
U.S. pricing and availability details:
- 77" Class (76.7" diag): $4,999.99 MSRP (Available to pre-order on 8/21/2023)
- 65" Class (64.5" diag): $3,499.99 MSRP (Available to pre-order on 8/21/2023)
- 55" Class (54.6" diag): $2,799.99 MSRP (Available to pre-order on 8/21/2023)
Canada pricing and availability details:
- 77" Class (76.7" diag): $6,999.99 MSRP (Available to pre-order on 8/21/2023)
- 65" Class (64.5" diag): $4,999.99 MSRP (Available to pre-order on 8/21/2023)
- 55" Class (54.6" diag): $3,999.99 MSRP (Available to pre-order on 8/21/2023)
For full A95L specifications, please visit: https://electronics.sony.com/tv-video/televisions/all-tvs/p/xr65a95l
BRAVIA XR A95L QD-OLED 4K HDR Google TV Key Features:
Enjoy the brightest and widest range of colors and hues, powered by the intelligent Cognitive Processor XR™. With a QD-OLED screen enhanced by XR Triluminos Max™, experience color performance with up to 200% as much color brightness of a conventional OLED TV. Individually lit pixels produce pure black, so your favorite movies, shows, and games burst to life on screen with extraordinary detail and depth.
- Google TV: Get access to all your favorite streaming apps in one place with Google TV™, and simply use your voice to search and ask questions with Google Assistant. 1
- Intelligent and powerful TV processing: Powered by Sony's intelligent Cognitive Processor XR™, hundreds of thousands of individual on-screen elements are processed and remastered in the blink of an eye, boosting color, contrast, and clarity.
- Sony's widest palette of colors: With QD-OLED panel technology and enhanced by XR Triluminos Max™, millions of self-illuminating individual pixels deliver more saturation and brightness to every color.
- Definitive contrast: By pairing the QD-OLED panel and XR OLED Contrast Pro™, see up to 200% color brightness compared to conventional OLED TVs, bringing scenes to life with pure black and our brightest colors.
- Multi View: Exclusively on the A95L, use Multi View to split your screen and enjoy watching content from two different sources at the same time. Such as playing a game on one side and watching a walkthrough on the other.2,3
- Perfect for PlayStation® 5: Take your gaming to the next level with exclusive features Auto HDR Tone Mapping and Auto Genre Picture Mode for optimized picture quality while gaming and streaming on your PS5® console.4
- All game settings in one place: With Game Menu, quickly manage your gaming picture settings and exclusive assist features in a single convenient interface.
- With Acoustic Surface Audio+™, actuators behind the TV vibrate to produce audio from the entire screen elevating the sound and improving dialogue. An integrated subwoofer delivers powerful bass to round out the sound.
- Pairs perfectly with Sony soundbars: Paired with select Sony soundbars, Acoustic Center Sync synchronizes the TVs speakers with the soundbar, boosting the center channel for clearer, fuller vocals. When connected, soundbar settings automatically appear on the TV's Quick Settings menu for easy to control of volume, sound field, and other soundbar features.5
- Enhanced TV experience with included BRAVIA CAM: Connect the supplied BRAVIA CAM to unlock Ambient Optimization Pro which automatically optimizes the picture and sound to where you're sitting in the room. You can also enjoy video chat with friends and family on the big screen.6
- All Eco settings in one place: With the Eco Dashboard, energy saving settings can now be centrally managed. You can easily customize energy saving settings for your TV usage, viewing environment, and the content you are watching.
Sony is keeping its commitment to decreasing plastic usage through its Road to Zero initiative. To reduce environmental impact, Sony is working on multiple aspects of the product life cycle, such as reduction of virgin plastic use, improvement of transportation efficiency and reviewing energy consumption during use. Additionally, the new Eco Dashboard included on all 2023 BRAVIA XR models allows users to easily customize energy saving preferences and settings.
About Sony Electronics, Inc.
Sony Electronics is a subsidiary of Sony Corporation of America and an affiliate of Sony Group Corporation, one of the most comprehensive entertainment companies in the world, with a portfolio that encompasses electronics, music, motion pictures, mobile, gaming, robotics, and financial services. Headquartered in San Diego, California, Sony Electronics is a leader in electronics for the consumer and professional markets. Operations include research and development, engineering, sales, marketing, distribution and customer service. Sony Electronics creates products that innovate and inspire generations, such as the award-winning Alpha Interchangeable Lens Cameras and revolutionary high-resolution audio products. Sony is also a leading manufacturer of end-to-end solutions from 4K professional broadcast and A/V equipment to industry leading 4K and 8K Ultra HD TVs. Visit http://www.sony.com/news for more information.
1 User must accept Google Terms of Service (http://www.google.com/policies/terms/), Play Terms of Service (https://play.google.com/intl/en-US_us/about/play-terms/index.html) and Privacy Policy (http://www.google.com/policies/privacy/) to use TV. User must connect to a Google Account to use certain advertised features, including voice to activate linked apps, and install certain apps and operating software during setup. Use of TV without connecting to a Google Account allows only basic TV features and certain apps. Wireless connectivity requires 802.11 home network (802.11n recommended). Network services, content, operating system, and software of this product may be subject to separate or third-party terms and conditions and changed, interrupted or discontinued at any time and may require fees, registration and credit card information. Apps must be compatible with TV. App availability varies by region and device. Google TV is the name of this device's software experience. Google, Google TV and other marks are trademarks of Google LLC.
2 Screen Size feature will be available via future firmware update.
3 Multi View feature will be available via future firmware update.
4 To activate Auto HDR Tone Mapping, must enable feature when pairing TV and PS5 for the first time; or will need to disconnect TV and PS5, perform factory reset on PS5 and enable the feature during initial setup. Auto Genre Picture Mode works when Auto Picture Mode on the TV is set to ON. Both features are supported only when PS5 and TV are directly connected. Applicable models: All BRAVIA XR models, X85K, X80K.
5 Acoustic Centre Sync works with compatible Sony soundbars and AV receivers. For full compatibility list visit https://www.sony.net/hav_faq.
6 Other than video chat, some BRAVIA CAM features may require future firmware update.
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SOURCE Sony Electronics, Inc. | https://www.kait8.com/prnewswire/2023/07/31/sony-electronics-announces-pricing-availability-sony-bravia-xr-a95l-qd-oled-4k-hdr-google-tv/ | 2023-07-31T14:12:42 | 0 | https://www.kait8.com/prnewswire/2023/07/31/sony-electronics-announces-pricing-availability-sony-bravia-xr-a95l-qd-oled-4k-hdr-google-tv/ |
SAN FRANCISCO, July 31, 2023 /PRNewswire/ -- Farallon Capital Management, L.L.C. (with its affiliates and exclusive sub-advisers, "Farallon") announced the final closing of its fourth US-focused opportunistic real estate fund structure, Farallon Real Estate Partners IV ("FREP IV"), raising in total over US$650 million of aggregate investor commitments, exceeding its original target of US$500 million.
Farallon has an extensive 30-year track record investing in commercial real estate and has deployed approximately US$7.4 billion of capital in 263 investments over that period. FREP IV's investment strategy will continue the Farallon Real Estate team's approach to investing in inefficient segments of the U.S. real estate market with a focus on industrial, multi-family, retail and office sub-sectors. FREP IV will employ a value- driven/opportunistic strategy while targeting equity, preferred equity, and distressed debt investments in relevant assets within the core sub-sectors.
FREP IV will be managed and operated by the 12 dedicated members of Farallon's Real Estate team led by Rocky Fried and Josh Dapice. Additionally, FREP IV will be supported by Farallon's global team and institutional infrastructure of over 200 operational professionals.
Limited partners in the fund structure consist of both existing and new investors, including endowments, public and corporate pension plans, insurance companies, family offices, and investment advisory firms.
"We are deeply appreciative of the support from our limited partners and look forward to deploying this new capital into what we believe to be a very attractive market. Farallon's long history of completing transactions throughout market cycles and its established global relationships position us to benefit from the current scarcity of capital in the U.S real estate markets," said Rocky Fried, Partner at Farallon and Head of US Real Estate.
Josh Dapice, Partner at Farallon, described the US real estate environment as one where "we believe we are in the early innings of a widespread correction that will lead to attractive acquisition opportunities, particularly as it relates to working with owners in need of flexible and creative capital solutions."
About Farallon®:
Farallon Capital Management, L.L.C. is a global institutional investment management firm founded in 1986. Farallon manages approximately $39 billion in capital and commitments for institutions, including college endowments, charitable foundations, pension plans and sovereign wealth funds, and high net worth individuals and family offices. Farallon is headquartered in San Francisco and has offices in New York, London, Singapore, Hong Kong, Tokyo and São Paulo. Farallon seeks investments across asset classes and around the world through a process of bottom-up fundamental research and analysis emphasizing capital preservation. More information about Farallon is available at www.faralloncapital.com.
Media Contacts
ASC Advisors
Taylor Ingraham / Steve Bruce
tingraham@ascadvisors.com / sbruce@ascadvisors.com
203 992 1230
Related Links
http://www.faralloncapital.com
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SOURCE Farallon Capital Management | https://www.weau.com/prnewswire/2023/07/31/farallon-capital-management-closes-fourth-real-estate-fund-with-over-650-million-aggregate-investor-commitments/ | 2023-07-31T14:12:44 | 0 | https://www.weau.com/prnewswire/2023/07/31/farallon-capital-management-closes-fourth-real-estate-fund-with-over-650-million-aggregate-investor-commitments/ |
Deborah K. Kobbervig, 70, of Platteville, WI died Monday, July 24, 2023. A Celebration of Life will be held on Saturday, August 5, 2023 from 1:00 PM to 5:00 PM at the Blakes Prairie Fairgrounds in Bloomington, WI. Melby Funeral Home & Crematory of Platteville, WI is assisting the family. Online condolences may be made at www.melbyfh.com.
Deborah was born on October 15, 1952, the daughter of Donald and Kathleen (Hartnett) Weigel. She graduated from Belmont High School in 1971. Later that year she married David Kobbervig on August 28, 1971. Deborah worked at Dick’s bakery in Dodgeville for a while. She then attended Southwest Wisconsin Technical College and became a medical transcriptionist at Southwest Health Center. Deborah enjoyed crocheting, arts & crafts and flowers. Her family was her pride and joy.
Deborah is survived by her husband David, daughter Alexandra (Tim) Quick, sons Branden (Tina) Kobbervig, Corey (Amber) Kobbervig and Dustin (Miranda) Kobbervig, grandchildren Riley, Abigail, George, Wyatt, Remington and Ty, sisters Kaye (Greg) Gempler, Jackie Damm and Kristine (Blaine) Forseth, brothers Robert Weigel and Ronald Weigel, half-sister Dorey Weigel, half-brother Daniel Weigel and many nieces and nephews. She was preceded in death by her parents.
COPYRIGHT 2023 BY CHANNEL 3000. ALL RIGHTS RESERVED. THIS MATERIAL MAY NOT BE PUBLISHED, BROADCAST, REWRITTEN OR REDISTRIBUTED. | https://www.channel3000.com/obituaries/deborah-kaye-kobbervig/article_2b22bb16-2fa8-11ee-a08e-73a00cff31fc.html | 2023-07-31T14:12:48 | 1 | https://www.channel3000.com/obituaries/deborah-kaye-kobbervig/article_2b22bb16-2fa8-11ee-a08e-73a00cff31fc.html |
SAN DIEGO, July 31, 2023 /PRNewswire/ -- Sony Electronics Inc. today revealed pricing and availability for the new Sony BRAVIA XR A95L QD-OLED 4K HDR Google TV. This model comes in 55" (54.6" diag.), 65" (64.5" diag.) and 77" (76.7" diag.) class sizes with suggested retail price starting at $2,799.99. The A95L offers Sony's best color ever and will be available for pre-order starting August 21 at Sony authorized dealers nationwide.
U.S. pricing and availability details:
- 77" Class (76.7" diag): $4,999.99 MSRP (Available to pre-order on 8/21/2023)
- 65" Class (64.5" diag): $3,499.99 MSRP (Available to pre-order on 8/21/2023)
- 55" Class (54.6" diag): $2,799.99 MSRP (Available to pre-order on 8/21/2023)
Canada pricing and availability details:
- 77" Class (76.7" diag): $6,999.99 MSRP (Available to pre-order on 8/21/2023)
- 65" Class (64.5" diag): $4,999.99 MSRP (Available to pre-order on 8/21/2023)
- 55" Class (54.6" diag): $3,999.99 MSRP (Available to pre-order on 8/21/2023)
For full A95L specifications, please visit: https://electronics.sony.com/tv-video/televisions/all-tvs/p/xr65a95l
BRAVIA XR A95L QD-OLED 4K HDR Google TV Key Features:
Enjoy the brightest and widest range of colors and hues, powered by the intelligent Cognitive Processor XR™. With a QD-OLED screen enhanced by XR Triluminos Max™, experience color performance with up to 200% as much color brightness of a conventional OLED TV. Individually lit pixels produce pure black, so your favorite movies, shows, and games burst to life on screen with extraordinary detail and depth.
- Google TV: Get access to all your favorite streaming apps in one place with Google TV™, and simply use your voice to search and ask questions with Google Assistant. 1
- Intelligent and powerful TV processing: Powered by Sony's intelligent Cognitive Processor XR™, hundreds of thousands of individual on-screen elements are processed and remastered in the blink of an eye, boosting color, contrast, and clarity.
- Sony's widest palette of colors: With QD-OLED panel technology and enhanced by XR Triluminos Max™, millions of self-illuminating individual pixels deliver more saturation and brightness to every color.
- Definitive contrast: By pairing the QD-OLED panel and XR OLED Contrast Pro™, see up to 200% color brightness compared to conventional OLED TVs, bringing scenes to life with pure black and our brightest colors.
- Multi View: Exclusively on the A95L, use Multi View to split your screen and enjoy watching content from two different sources at the same time. Such as playing a game on one side and watching a walkthrough on the other.2,3
- Perfect for PlayStation® 5: Take your gaming to the next level with exclusive features Auto HDR Tone Mapping and Auto Genre Picture Mode for optimized picture quality while gaming and streaming on your PS5® console.4
- All game settings in one place: With Game Menu, quickly manage your gaming picture settings and exclusive assist features in a single convenient interface.
- With Acoustic Surface Audio+™, actuators behind the TV vibrate to produce audio from the entire screen elevating the sound and improving dialogue. An integrated subwoofer delivers powerful bass to round out the sound.
- Pairs perfectly with Sony soundbars: Paired with select Sony soundbars, Acoustic Center Sync synchronizes the TVs speakers with the soundbar, boosting the center channel for clearer, fuller vocals. When connected, soundbar settings automatically appear on the TV's Quick Settings menu for easy to control of volume, sound field, and other soundbar features.5
- Enhanced TV experience with included BRAVIA CAM: Connect the supplied BRAVIA CAM to unlock Ambient Optimization Pro which automatically optimizes the picture and sound to where you're sitting in the room. You can also enjoy video chat with friends and family on the big screen.6
- All Eco settings in one place: With the Eco Dashboard, energy saving settings can now be centrally managed. You can easily customize energy saving settings for your TV usage, viewing environment, and the content you are watching.
Sony is keeping its commitment to decreasing plastic usage through its Road to Zero initiative. To reduce environmental impact, Sony is working on multiple aspects of the product life cycle, such as reduction of virgin plastic use, improvement of transportation efficiency and reviewing energy consumption during use. Additionally, the new Eco Dashboard included on all 2023 BRAVIA XR models allows users to easily customize energy saving preferences and settings.
About Sony Electronics, Inc.
Sony Electronics is a subsidiary of Sony Corporation of America and an affiliate of Sony Group Corporation, one of the most comprehensive entertainment companies in the world, with a portfolio that encompasses electronics, music, motion pictures, mobile, gaming, robotics, and financial services. Headquartered in San Diego, California, Sony Electronics is a leader in electronics for the consumer and professional markets. Operations include research and development, engineering, sales, marketing, distribution and customer service. Sony Electronics creates products that innovate and inspire generations, such as the award-winning Alpha Interchangeable Lens Cameras and revolutionary high-resolution audio products. Sony is also a leading manufacturer of end-to-end solutions from 4K professional broadcast and A/V equipment to industry leading 4K and 8K Ultra HD TVs. Visit http://www.sony.com/news for more information.
1 User must accept Google Terms of Service (http://www.google.com/policies/terms/), Play Terms of Service (https://play.google.com/intl/en-US_us/about/play-terms/index.html) and Privacy Policy (http://www.google.com/policies/privacy/) to use TV. User must connect to a Google Account to use certain advertised features, including voice to activate linked apps, and install certain apps and operating software during setup. Use of TV without connecting to a Google Account allows only basic TV features and certain apps. Wireless connectivity requires 802.11 home network (802.11n recommended). Network services, content, operating system, and software of this product may be subject to separate or third-party terms and conditions and changed, interrupted or discontinued at any time and may require fees, registration and credit card information. Apps must be compatible with TV. App availability varies by region and device. Google TV is the name of this device's software experience. Google, Google TV and other marks are trademarks of Google LLC.
2 Screen Size feature will be available via future firmware update.
3 Multi View feature will be available via future firmware update.
4 To activate Auto HDR Tone Mapping, must enable feature when pairing TV and PS5 for the first time; or will need to disconnect TV and PS5, perform factory reset on PS5 and enable the feature during initial setup. Auto Genre Picture Mode works when Auto Picture Mode on the TV is set to ON. Both features are supported only when PS5 and TV are directly connected. Applicable models: All BRAVIA XR models, X85K, X80K.
5 Acoustic Centre Sync works with compatible Sony soundbars and AV receivers. For full compatibility list visit https://www.sony.net/hav_faq.
6 Other than video chat, some BRAVIA CAM features may require future firmware update.
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SOURCE Sony Electronics, Inc. | https://www.wafb.com/prnewswire/2023/07/31/sony-electronics-announces-pricing-availability-sony-bravia-xr-a95l-qd-oled-4k-hdr-google-tv/ | 2023-07-31T14:12:49 | 0 | https://www.wafb.com/prnewswire/2023/07/31/sony-electronics-announces-pricing-availability-sony-bravia-xr-a95l-qd-oled-4k-hdr-google-tv/ |
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.kait8.com/prnewswire/2023/07/31/spotlight-advisors-adds-new-expertise-with-appointment-juan-i-bonifacino-mark-grothe/ | 2023-07-31T14:12:49 | 0 | https://www.kait8.com/prnewswire/2023/07/31/spotlight-advisors-adds-new-expertise-with-appointment-juan-i-bonifacino-mark-grothe/ |
NEW YORK, July 31, 2023 /PRNewswire/ -- First Citizens Bank today announced that its Healthcare Finance business, part of the CIT division, provided a $50.3 million loan to a joint venture led by Rethink Healthcare Real Estate to refinance the Medical Pavilion at White Oak, an on campus medical office building located adjacent to the Adventist White Oak Medical Center in Silver Spring, Maryland.
Opened in 2019, the Medical Center is located approximately seven miles northeast from Washington D.C. in an emerging healthcare and life science hub off Interstate 95. The Pavilion, which is directly connected to the hospital and to covered parking, houses a comprehensive cancer center, primary care services, and cardiology and other specialists.
"Once again, we are pleased with the execution by First Citizens Bank's Healthcare Finance team in providing financing that supports our focus on maintaining high-quality medical office buildings and specialized care facilities," said John Winer, President & Chief Investment Officer, Rethink Healthcare Real Estate.
"We are delighted to again work closely with Rethink, who has a proven track record of developing and managing high quality medical office buildings and outpatient medical facilities in attractive markets," said William Douglass, who leads the bank's Healthcare Finance business.
"We are pleased to continue to grow our banking relationship with Rethink Healthcare Real Estate through the financing of this state-of-the-art, Class A medical office building," said Steven Reedy, a managing director for First Citizens Bank Healthcare Finance business.
Healthcare Finance, part of the First Citizens Bank's Commercial Finance division, provides comprehensive financing and banking solutions to middle market healthcare companies across the U.S. By using a client-focused and industry-centric model, Healthcare Finance can tailor its products and services to help clients meet their needs for capital.
About First Citizens Bank
First Citizens Bank helps personal, business, commercial and wealth clients build financial strength that lasts. Headquartered in Raleigh, N.C., and now celebrating the 125th anniversary of its founding, First Citizens has built a unique legacy of strength, stability and long-term thinking that has spanned generations. First Citizens offers an array of general banking services including a network of more than 550 branches in 23 states and commercial banking expertise delivering best-in-class lending, leasing and other financial services coast to coast. Parent company First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $200 billion in assets. Discover more at firstcitizens.com.
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SOURCE First Citizens Bank | https://www.weau.com/prnewswire/2023/07/31/first-citizens-bank-provides-503-million-refinance-medical-pavilion-white-oak-campus-adventist-white-oak-medical-center/ | 2023-07-31T14:12:51 | 0 | https://www.weau.com/prnewswire/2023/07/31/first-citizens-bank-provides-503-million-refinance-medical-pavilion-white-oak-campus-adventist-white-oak-medical-center/ |
Brenda Frese has made Maryland one of the top women’s basketball programs for nearly two decades, regardless of how many players move on after the season.
“Culture and chemistry over anything. It was a group with many new faces, a lot of transition from the season before, and you just had a team that really lined up together,” Frese said. “We were one game away from the Final Four, and if we’re not sent down to South Carolina’s bracket, who knows, maybe we’re playing [on]. I thought it spoke volumes of the group.”
Last year’s group was led by Diamond Miller and Abby Meyers, who both have moved on to the WNBA. Miller was a second team all-American and a unanimous all-Big Ten first-team selection, averaging 19.7 points, 6.4 rebounds and 2.9 assists. She was selected second by the Minnesota Lynx in the WNBA draft. Meyers, who averaged 14.3 points and 2.3 assists in her lone season at Maryland, was drafted 11th by the Dallas Wings but was waived before playing a regular season game. She later joined her hometown Washington Mystics and has appeared in nine games.
“Two first-round draft picks — that’s a lot to lose, so it’s going to be an adjustment. At the same time, when you look at Maryland over the years, that is what we do,” Frese said. “We develop players and help them become ready to transition, whether that’d be to the pros or into the real world, and it’s someone else’s turn. I know that a lot of players in our program have sacrificed and now have that moment to take on that responsibility.”
Junior guard Shyanne Sellers, who made a leap in her sophomore season, will be a pivotal cog for Maryland. Averaging 13.9 points, 4.8 rebounds, 3.9 assists and 1.8 steals in 2022-23, she earned all-Big Ten first-team honors and was named to the all-Big Ten defensive team. Sellers played for Team USA in the Women’s 3x3 U21 Nations League Asia-Pacific conference in Handan, China, this summer.
Eager to take the floor at Xfinity Center this fall, she reflected on the positives of last season that can translate to success for the new-look Terps.
“Just being connected. I think a lot of people have the misunderstanding that you need all five-star recruits on a team or you need a majority of five-stars, but you really don’t,” Sellers said. “We played for each other. We played very hard. We connected very well. We knew each other’s games and put each other in successful positions.”
Summer workouts are an important first step to developing the team-first culture Frese is looking for.
“We do our workouts, we do our lifts together. We come in to play pickup together to try and see everyone’s feel,” Sellers said. “Everyone’s always worried about when Maryland has turnover. We just keep reloading. [Frese is] not really ever too worried she’s going to find the right pieces.”
Mystics guard Shatori Walker-Kimbrough, who played under Frese at Maryland from 2013 to 2017, echoed a similar sentiment regarding the family culture that lured her from her hometown of Aliquippa, Pa., to College Park a decade ago. Seven years into her WNBA career, she still feels the love from the Maryland community.
“That’s of one of the reasons why I chose the University of Maryland coming out of high school — the family aspect, the way Coach Frese made it feel like a home away from home,” Walker-Kimbrough said. “It speaks to the type of foundation she establishes at the university and the crazy, amazing and consistent support that the fans give us, not just during college but after as well. I still feel that family.”
Learning the importance of family from her own upbringing, Frese made those values the pillars of her program.
“We’re really intentional. That’s all I know. I had a phenomenal family growing up with all my siblings, and that’s how we create our program. We want it to be an extension of their own family and that we look out for each other,” she said.
A key addition in the Terps’ retooling is Jakia Brown-Turner, a graduate transfer from North Carolina State. The 6-foot forward from Bishop McNamara High brings versatility, shooting and experience after averaging 9.1 points, 3.9 rebounds and 1.8 assists for the Wolfpack last season. Brown-Turner was a pivotal part of N.C. State’s Elite Eight appearance in 2022, and Frese expects her addition to pay immediate dividends.
“She’s a lefty southpaw that can really stroke it and score it. Losing so much with Diamond and Abby, we’re going to really lean on her experience,” Frese said. “She’s won ACC championships. She’s been to an Elite Eight, where they have had a lot of success. She’s been in pressure moments, so we’re really going to lean on that experience for her with our team.”
Entering her 22nd season at Maryland, Frese continues to have lofty expectations on the court as her teams pursue conference and national titles. But what keeps her coming back is the fulfillment she gets from the people and players she works with.
“I love the staff I work with — it’s probably one of the best staffs I’ve had in my 21 years here at Maryland. I just love our staff, and the same thing with who I get to coach,” Frese said. “These players that we have on the roster are just incredible players and families. [I’m] just watching them grow up and helping each and every one of them get to that ultimate goal and their own individual goals, to have the success that they deserve.” | https://www.washingtonpost.com/sports/2023/07/31/brenda-freese-maryland-culture/ | 2023-07-31T14:12:53 | 0 | https://www.washingtonpost.com/sports/2023/07/31/brenda-freese-maryland-culture/ |
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.dakotanewsnow.com/2023/07/31/biden-goes-west-talk-about-his-administrations-efforts-combat-climate-change/ | 2023-07-31T14:12:53 | 1 | https://www.dakotanewsnow.com/2023/07/31/biden-goes-west-talk-about-his-administrations-efforts-combat-climate-change/ |
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.wafb.com/prnewswire/2023/07/31/spotlight-advisors-adds-new-expertise-with-appointment-juan-i-bonifacino-mark-grothe/ | 2023-07-31T14:12:56 | 1 | https://www.wafb.com/prnewswire/2023/07/31/spotlight-advisors-adds-new-expertise-with-appointment-juan-i-bonifacino-mark-grothe/ |
Yellow is shutting down and headed for bankruptcy, the Teamsters Union says. Here’s what to know
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.
Copyright 2023 The Associated Press. All rights reserved. | https://www.dakotanewsnow.com/2023/07/31/yellow-is-shutting-down-headed-bankruptcy-teamsters-union-says-heres-what-know/ | 2023-07-31T14:12:56 | 1 | https://www.dakotanewsnow.com/2023/07/31/yellow-is-shutting-down-headed-bankruptcy-teamsters-union-says-heres-what-know/ |
CHICAGO, July 31, 2023 /PRNewswire/ -- Stafford Capital Partners ("Stafford") is pleased to announce the appointment of Joe Carrabes as Head of Client Solutions in North America. Joe's appointment signals an important moment for Stafford's business development as it expands its operations in the US and North America.
Joe brings over 25 years' experience to the role, where he has previously held senior institutional leadership, sales and relationship management positions across a variety of products and strategies, including alternatives, ESG strategies and long only equity and fixed income.
Prior to Stafford, Joe was responsible for managing some of the largest institutional relationships at Amundi US. Joe also spent 12 years at Jennison Associates where he was Head of Institutional Sales and Client Service and was responsible for managing the institutional distribution efforts.
Commenting on the appointment, Stafford's Global Head of Client Solutions Valentina Abbott said: "We are delighted to welcome Joe to the team. He is an impressive executive with an incredible track record in capital raising and is highly regarded for his ability to build strategic partnerships with institutional investors.
Stafford recognizes its responsibility as an investor to contribute to a more sustainable financial system by taking a long-term, responsible approach to investing across alternatives. Joe's experience will be invaluable for Stafford in supporting our clients across the region with their net zero efforts.
This is a landmark moment for Stafford in the US and North America and signals a significant step forward in our commitment to the region."
Speaking about his appointment, Joe Carrabes said: "I am delighted to join Stafford, and I am looking forward to delivering on the firm's growth ambitions in the North American region. I see great potential for Stafford to support high-quality investors on their net zero journeys and believe the firm is well positioned to tackle the opportunities in the North American market."
Media enquiries
Georgina Whittle
Partner
Camarco
07835 770967
Georgina.whittle@camarco.co.uk
Amrith Uppuluri
Senior Consultant
Camarco
07763 083058
amrith.uppuluri@camarco.co.uk
Sean Palmer
Associate Partner
Camarco
07591 760844
sean.palmer@camarco.co.uk
Alexandra Lawrence
Associate Consultant
APCO Worldwide
404-254-7641
alawrence@apcoworldwide.com
About Stafford Capital Partners
Stafford is an independent private markets investment and advisory firm with USD 7.9 billion in assets under management and advice for more than 150 institutional clients worldwide. Founded in 2000, Stafford has a global team of 80+ professionals investing in infrastructure, timberland & agriculture, and sustainable private equity through secondaries, primaries, and co-investments. Stafford has been a UN PRI signatory since 2010 and has committed to the Net Zero Asset Managers Initiative. It puts sustainability at the centre of its investment process and implements a well-defined ESG program across all strategies. In the UK, Stafford is authorised and regulated by the Financial Conduct Authority (Firm Reference Number: 225586).
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SOURCE Stafford Capital Partners | https://www.kait8.com/prnewswire/2023/07/31/stafford-capital-partners-expands-us-operations-appoints-joe-carrabes-head-client-solutions-north-america/ | 2023-07-31T14:12:56 | 0 | https://www.kait8.com/prnewswire/2023/07/31/stafford-capital-partners-expands-us-operations-appoints-joe-carrabes-head-client-solutions-north-america/ |
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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FAST Accelerator program to empower local startups and small/medium-sized enterprises (SMEs)
AUSTIN, Texas, July 31, 2023 /PRNewswire/ -- Flapmax, a leading artificial intelligence (AI) company, announced today its strategic partnership with Intel, the global technology leader, to foster AI innovation and drive economic empowerment in Africa. The collaboration will provide technology access, training, mentorship, and funding opportunities to entrepreneurs in emerging markets, starting with Africa, through the FAST Accelerator program. FAST is designed to help startups that are building cloud-based and AI-enabled products and services supporting communities, companies, and governments.
"Flapmax has been working with Intel to develop sustainable digital solutions that readily expand AI accessibility in underserved communities, and we are excited to build on our momentum with the FAST Accelerator program," said Dr. Dave Ojika, Founder and CEO of Flapmax. "Bridging the knowledge gap in technological advancement is key to creating meaningful social impact. Through this partnership with Intel, Flapmax will bring cutting-edge technology and advanced curricula, including generative AI, robotics, and deep tech, to innovators in Africa and other technologically underserved communities."
Created by Flapmax in partnership with Microsoft, FAST Accelerator combines business development, AI integration, funding, and community building opportunities designed to enable startups to scale more rapidly and sustainably. More than 800 startups from 25+ countries applied to join the inaugural program. Startup leaders are encouraged to apply to this year's FAST Accelerator program. The top startup participants will embark on an enriching five-week program in Silicon Valley, California, forging relationships with industry experts, potential investors, and global partners through Flapmax's vibrant ecosystem of over 600 corporate partners.
"Intel's mission to shape the future of computing and enable a more intelligent, connected, and productive world aligns perfectly with Flapmax's vision to bring AI technology to all aspects of life, inclusive of underserved populations in Africa and other emerging markets," said Michael Campbell, General Manager, Education Client Division, Intel Corporation. "The partnership with Flapmax will greatly accelerate AI adoption for these communities, driving scalable business growth, optimized operations, and contributing to a more sustainable world."
Program participants will collaborate closely with Intel through extensive mentorship and coaching, ranging from co-innovation projects to sales & marketing support and go-to-market enablement to expand their reach to a broader audience. Members of the Flapmax engineering team will help startups apply new Intel-optimized AI hardware and software solutions as well as scale and fine-tune their AI models on Microsoft Azure cloud platform. Participants will benefit from additional perks, including Microsoft for Startups Founders Hub (up to $150,000 of cloud credits) and Azure OpenAI (including ChatGPT, DALL·E 2, and other Large Language Models: LLM releases), as well as access to Microsoft 365 and Dynamics 365 developer sandboxes.
About Intel
Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore's Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers' greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel's innovations, go to newsroom.intel.com and intel.com.
About Flapmax
Flapmax is a data and AI technology company partnering with leading technology providers around the globe to identify and accelerate sustainable technology solutions to improve communities worldwide. Our mission is to empower and transform lives through the widespread adoption of AI technology. Flapmax is scaling collaboration across borders and connecting entrepreneurs and innovators with digital transformation solutions, advanced AI models, and global partnerships.
For media inquiries, please contact: team@fastaccelerator.com
Website: www.fastaccelerator.com
LinkedIn | Twitter | YouTube | Instagram
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Full Brain Solution Sets New Industry Standard in Stroke Care
NEW YORK, July 31, 2023 /PRNewswire/ -- Aidoc, a pioneering force in clinical AI, announced today the launch of its revolutionary Full Brain Solution. This new solution will significantly expand the anatomy analyzed by AI to identify suspected strokes, allowing for identification and care coordination of patients with medium vessel occlusions (MeVOs) as well as posterior and anterior large vessel occlusions (LVOs).
The Full Brain Solution represents a significant advancement in medical technology aiding patient care, being the first and only AI technology to identify suspected posterior and anterior LVOs and MeVOs. The prevalence of the newly covered conditions, posterior LVO and MeVO, is significant. 795,000 strokes take place each year in the United States, of which, 87% are ischemic strokes. Approximately 25-40% of ischemic strokes are MeVOs and 24-46% of all ischemic strokes are LVOs. 20-25% of LVOs are posterior.1,2,3,4
The addition of posterior LVO and MeVO enables approximately twice as many patients to receive faster access to life-saving therapy with AI-powered care coordination.1,2,3,4
"AI has shown remarkable success in enhancing workflow for patients with anterior LVOs, nearly halving the time to treatment. However, this is just the beginning. With Aidoc's Full Brain Solution, we can now broaden these advancements to benefit a significantly larger patient population, leading to improved care and ultimately better patient outcomes," shared Dr. Brian Mason, Associate Professor NeuroEndovascular Surgery at University of Illinois Champaign, one of the leading AI-healthcare experts in the country.
Extending beyond acute ischemic stroke, the Full Brain Solution employs diverse artificial intelligence technologies such as image-based identification and natural language processing to identify and orchestrate care for patients suffering from intracerebral hemorrhage, subdural hemorrhage, and brain aneurysms, making it the most complete neurovascular AI solution.
Aidoc's Full Brain Solution is delivered through the company's proprietary operating system (aiOS™) that enables organizations to reliably deploy AI solutions in high volumes and overcome the challenges associated with legacy IT systems and separate physician workflows. The aiOS™ seamlessly integrates with existing IT infrastructure, enabling the scale needed to realize the full potential of AI in healthcare. Aidoc's aiOS™ is also the only platform integrated into electronic health records (EHR).
"AI continues to drive significant gains and contributions in addressing the challenges health systems are facing," stated Elad Walach, CEO, Aidoc. "Our groundbreaking Full Brain Solution is propelling AI into new and needed territories and proving impact to facilities by cutting the time to treatment nearly in half for twice as many patients. Our vision is to continue pushing boundaries, transforming the lives of a significantly larger patient population, elevating the standard of care, and driving remarkable improvements in patient outcomes."
Aidoc's Full Brain Solution will be showcased during the Society of NeuroInterventional Surgery (SNIS) Annual Meeting in San Diego, California from July 31 to August 4. If interested in seeing a demonstration register here.
About Aidoc
Aidoc is a pioneering force in clinical AI. We focus on aiding and empowering healthcare teams to optimize patient treatment, which results in improved economic value and clinical outcomes. Our clinically proven AI solutions eliminate silos, increase efficiencies and improve outcomes by delivering critical information when and where care teams need it leading to immediate collective action. Built on Aidoc's proprietary aiOS™, we analyze and aggregate medical data to enable care teams to operationalize the unexpected and work seamlessly with a continued focus on the patient. Used in more than 1,000 medical centers worldwide, Aidoc has the most FDA clearances (13) in clinical AI and its AI-based solutions cover 75 percent of patient populations, enabling physicians to make informed decisions based on real-time data. Aidoc AI is always on, running in the background to change the foreground. Visit Aidoc.com to see how we are connecting all points of care with always on AI.
- https://www.cdc.gov/stroke/facts.htm
- https://www.ahajournals.org/doi/10.1161/STROKEAHA.120.028956
- https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6584910
- https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6170115/#:~:text=Approximately%2020%E2%80%9325%25%20of%20all,mistaken%20for%20more%20benign%20entities.
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SOURCE Aidoc Medical LTD | https://www.dakotanewsnow.com/prnewswire/2023/07/31/aidoc-introduces-first-only-ai-powered-solution-identify-suspected-posterior-anterior-large-medium-vessel-occlusions/ | 2023-07-31T14:13:01 | 0 | https://www.dakotanewsnow.com/prnewswire/2023/07/31/aidoc-introduces-first-only-ai-powered-solution-identify-suspected-posterior-anterior-large-medium-vessel-occlusions/ |
The Official Committee of Talc Claimants Applauds Decision to Dismiss LTL Management Second Bankruptcy Attempt
NEW YORK, July 31, 2023 /PRNewswire/ -- The Official Committee of Talc Claimants (the "Committee"), which has been tirelessly pursuing justice for its constituency of talc victims injury by Johnson & Johnson's ("J&J's") talc products, is pleased with the court's decision to dismiss the second bankruptcy attempt. We believe the decision of the Honorable Chief Judge Kaplan was thoughtful, well-reasoned, and well-supported by the facts and law. This outcome now frees tens of thousands of victims to seek their justice through the tort system and, either before juries of their peers or by settlement on terms acceptable to them. The Committee has consistently contended the tort system is the rightful place for these claims to be resolved. Today's ruling validates the Committee's belief that J&J manipulated the bankruptcy system by using the "Texas Two-Step" legal maneuver and wrongfully sought to manufacture financial distress in its "Legacy Talc Liabilities" (LTL) Management subsidiary, solely to carry out a bad faith bankruptcy case. The company will now face the full weight of its conduct in the appropriate judicial forums.
"This ruling sends a clear message: multibillion-dollar, wholly solvent companies like J&J should not be allowed to use and in fact abuse bankruptcy laws to avoid accountability," said Brown Rudnick's David Molton, one of the co-counsels representing the Committee. "We are reassured by the Bankruptcy Court's reaffirmation that it will not allow solvent corporations to abuse the system and impose coercive, low-value and cram-down solutions on nonconsenting claimants. Justice should and now will triumph over corporate greed and legal chicanery."
"The claimants have waited long enough. Untold numbers of cancer victims have died while Johnson & Johnson attempted to manipulate the bankruptcy system to limit its liabilities," added Molton. "Now victims and their families can seek justice through the tort system – by presenting their case before a jury of their peers in courts of their own choosing."
The TCC filed its motion to dismiss on April 24, 2023, alongside several other movants, including the Office of the United States Trustee, numerous State Attorneys General, and other plaintiff groups, who shared a vision for this outcome. Chief Judge Kaplan's Opinion can be viewed on the case docket, available at: https://document.epiq11.com/document/getdocumentbycode?docId=4202926&projectCode=LCN&source=DM
About The Official Committee of Talc Claimants
The Official Committee of Talc Claimants (TCC), appointed by the Office of the United States Trustee (UST), an arm of the US Department of Justice, represents and acts as a fiduciary for all mesothelioma and ovarian cancer victims, as well as all subrogation claimants who have claims based on or derivative to the victims' talcum powder claims. For more information about the TCC, please view our website at https://www.ltltalccommittee.org/
The TCC is advised by counsel, an investment banker, a financial advisor, and claims estimation experts well-versed in mass tort, asbestos, talc, bankruptcy, and victim advocacy. These entities include Genova Burns L.L.C., Brown Rudnick L.L.P., Otterbourg PC, Massey & Gail L.L.P., Miller Thomson L.L.P., MoloLamken L.L.P., Compass Lexecon, FTI Consulting, and Houlihan Lokey.
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SOURCE Ashcraft & Gerel | https://www.dakotanewsnow.com/prnewswire/2023/07/31/ashcraft-amp-gerel-llp-partners-michelle-parfitt-james-green-two-co-counsels-representing-committee-members-share-thoughts-expressed-by-tcc-committee-their-public-statement/ | 2023-07-31T14:13:01 | 1 | https://www.dakotanewsnow.com/prnewswire/2023/07/31/ashcraft-amp-gerel-llp-partners-michelle-parfitt-james-green-two-co-counsels-representing-committee-members-share-thoughts-expressed-by-tcc-committee-their-public-statement/ |
CHICAGO, July 31, 2023 /PRNewswire/ -- Stafford Capital Partners ("Stafford") is pleased to announce the appointment of Joe Carrabes as Head of Client Solutions in North America. Joe's appointment signals an important moment for Stafford's business development as it expands its operations in the US and North America.
Joe brings over 25 years' experience to the role, where he has previously held senior institutional leadership, sales and relationship management positions across a variety of products and strategies, including alternatives, ESG strategies and long only equity and fixed income.
Prior to Stafford, Joe was responsible for managing some of the largest institutional relationships at Amundi US. Joe also spent 12 years at Jennison Associates where he was Head of Institutional Sales and Client Service and was responsible for managing the institutional distribution efforts.
Commenting on the appointment, Stafford's Global Head of Client Solutions Valentina Abbott said: "We are delighted to welcome Joe to the team. He is an impressive executive with an incredible track record in capital raising and is highly regarded for his ability to build strategic partnerships with institutional investors.
Stafford recognizes its responsibility as an investor to contribute to a more sustainable financial system by taking a long-term, responsible approach to investing across alternatives. Joe's experience will be invaluable for Stafford in supporting our clients across the region with their net zero efforts.
This is a landmark moment for Stafford in the US and North America and signals a significant step forward in our commitment to the region."
Speaking about his appointment, Joe Carrabes said: "I am delighted to join Stafford, and I am looking forward to delivering on the firm's growth ambitions in the North American region. I see great potential for Stafford to support high-quality investors on their net zero journeys and believe the firm is well positioned to tackle the opportunities in the North American market."
Media enquiries
Georgina Whittle
Partner
Camarco
07835 770967
Georgina.whittle@camarco.co.uk
Amrith Uppuluri
Senior Consultant
Camarco
07763 083058
amrith.uppuluri@camarco.co.uk
Sean Palmer
Associate Partner
Camarco
07591 760844
sean.palmer@camarco.co.uk
Alexandra Lawrence
Associate Consultant
APCO Worldwide
404-254-7641
alawrence@apcoworldwide.com
About Stafford Capital Partners
Stafford is an independent private markets investment and advisory firm with USD 7.9 billion in assets under management and advice for more than 150 institutional clients worldwide. Founded in 2000, Stafford has a global team of 80+ professionals investing in infrastructure, timberland & agriculture, and sustainable private equity through secondaries, primaries, and co-investments. Stafford has been a UN PRI signatory since 2010 and has committed to the Net Zero Asset Managers Initiative. It puts sustainability at the centre of its investment process and implements a well-defined ESG program across all strategies. In the UK, Stafford is authorised and regulated by the Financial Conduct Authority (Firm Reference Number: 225586).
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SOURCE Stafford Capital Partners | https://www.wafb.com/prnewswire/2023/07/31/stafford-capital-partners-expands-us-operations-appoints-joe-carrabes-head-client-solutions-north-america/ | 2023-07-31T14:13:02 | 1 | https://www.wafb.com/prnewswire/2023/07/31/stafford-capital-partners-expands-us-operations-appoints-joe-carrabes-head-client-solutions-north-america/ |
AI demonstrated high accuracy, reduced non-diagnostic outputs, and identified HFpEF patients with worse outcomes.
OXFORD, England, July 31, 2023 /PRNewswire/ -- Applying AI to a single apical four chamber (A4C) view echocardiogram provides accurate information to detect heart failure with preserved ejection fraction (HFpEF), according to research published today in JACC Advances.1
The study, presented at the American Society of Echocardiography Annual Scientific Session, demonstrates the platform could improve the diagnosis, management, and outcomes of a condition that currently often goes undetected, or requires additional invasive procedures to confirm.
Ultromics' EchoGo® Heart Failure accurately detected HFpEF and provided fewer non-diagnostic outputs than current clinical scores, using just the routinely acquired A4C view from a transthoracic echocardiographic (TTE). The novel technology, which was recently granted clearance and Breakthrough Device designation by the FDA, identifies radiomic signatures of disease that are not evident to the human eye.
Senior study author, Patricia A. Pellikka, M.D, Vice Chair in the Department of Cardiovascular Medicine at Mayo Clinic, said: "HFpEF can be difficult to detect, but left undetected and untreated, can result in hospitalization and mortality. As the first AI platform cleared to detect the condition, EchoGo® Heart Failure can fill a significant unmet need."
"With more than 32 million people living with HFpEF, and the incidence increasing, clinicians will benefit from having another means to recognize this disease."
Based on the AI findings, patients could potentially be started on medications to treat their condition earlier than if they had to wait for an invasive diagnostic assessment of the disease.
The AI model was trained and developed on 6,756 patients who underwent a comprehensive TTE at Mayo Clinic in Rochester, Minnesota, between January 2009 to December 2020. It was then independently tested in geographically distinct areas within Mayo Clinic enterprise System sites across the United States, on a dataset that included 1,284 patients.
EchoGo® Heart Failure demonstrated high sensitivity and specificity, detecting 87.8% of patients who had HFpEF, and 81.9% of patients that did not.1 These results exceed what is usually observed in routine clinical practice.
It was also able to assign a correct diagnosis to 74% of patients who had returned non-diagnostic results on the commonly used HFA-PEFF and H2FPEF clinical scores.1 This improvement could translate to more patients receiving accurate and timely diagnoses and management.
During the follow-up period of up to 5 years, 444 patients died, highlighting the poor outcomes associated with HFpEF.1 The AI model was able to identify patients with worse survival, demonstrating its capacity to meaningfully improve patient outcomes.
Ross Upton, PhD, CEO and Founder of Ultromics, said: "Our research demonstrates the tremendous potential of AI in revolutionizing the detection of HFpEF. EchoGo® Heart Failure's exceptional discrimination capabilities combined with its ability to identify patients with higher mortality risks holds great promise for improving patient outcomes and enabling faster access to treatment."
"In a large number of cases, diagnostic data are often missing or discordant, making HFpEF detection challenging. AI can enhance echocardiography capabilities to help practices overcome the cumbersome intricacy of diastolic assessment. It is particularly useful for clinical centers that lack the time, resources, or expertise to perform comprehensive, diagnostic-quality, assessments."
By streamlining the screening process for this complex clinical syndrome, EchoGo® Heart Failure paves the way for more patients to receive the care they need sooner, potentially preventing more severe outcomes, and reducing HFpEF's significant burden on patients and healthcare.
Ultromics remains committed to advancing AI technology to transform cardiovascular healthcare. The groundbreaking findings from this study underscore the company's dedication to empowering healthcare professionals with tools that overcome existing bottlenecks and enhance patient care.
For more information on EchoGo® Heart Failure, visit Ultromics.com
Mayo Clinic has a financial interest in the technology referenced in this press release. Mayo Clinic will use any revenue it receives to support its not-for-profit mission in patient care, education and research.
Notes to editors
The study was approved by the Institutional Review Boards of Mayo Clinic, USA and St. George's University Hospitals, NHS Foundation Trust, UK, and supported by a grant from the American Society of Echocardiography (ASE).
References:
1 - Akerman AP, Porumb M, Scott CG, et al. Automated Echocardiographic Detection of Heart Failure with Preserved Ejection Fraction using Artificial Intelligence. JACC Advances, 2023:100452.
About Ultromics:
Ultromics is a pioneer in advanced heart failure detection. The ground-breaking platform, EchoGo ®, is transforming the way heart failure is diagnosed using artificial intelligence and cardiac ultrasound as a modality. The technology empowers clinicians to make precise, efficient, and accurate assessments of heart failure, leveraging the largest known heart disease outcomes dataset in echocardiography, accurately interpreting echocardiograms and predicting cardiac outcomes. The technology has been built in collaboration with Mayo Clinic and NHS England, and has over $50 million raised capital to support continued innovation with the likes of Blue Venture Fund, Optum Ventures, Oxford Science Enterprises, and GV. They are backed by the largest US health insurance firms with 4 FDA clearances. Ultromics' mission is to stop heart failure in its tracks with its precision detection platform. https://www.ultromics.com
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LOS ANGELES, July 31, 2023 /PRNewswire/ -- FlyHouse, a leading private aviation company, proudly announces the addition of two state-of-the-art aircraft to its luxury fleet - N25GV Gulfstream V and N435HC Gulfstream IV-SP. With these new additions, FlyHouse continues its mission to revolutionize the private aviation industry, offering discerning travelers an unmatched experience of luxury, comfort, and convenience.
"We are thrilled to welcome these exceptional aircraft to our growing fleet," stated Jack E. Lambert, Jr., CEO at FlyHouse. "As a company dedicated to setting new standards for unrivaled luxury and service, these additions perfectly embody our vision for the future of private aviation. Our discerning clientele recognizes the value of our transparent and application-based charter approach."
The Gulfstream V (N25GV) is a remarkable aircraft designed to accommodate up to 16 passengers with Domestic Wi-Fi for a connected flying experience. Enhanced with new paint and interior, the Gulfstream V ensures its passengers a stylish and technologically advanced journey. The aircraft is based on PBI, providing travelers with a convenient departure point.
FlyHouse's Gulfstream IV-SP (N435HC) caters to up to 13 passengers and also features Domestic Wi-Fi for connectivity during the flight. This aircraft is based on TEB, further expanding the company's accessibility for its valued clientele.
FlyHouse's innovative approach to transparent aircraft management, technology-based chartering model, and unwavering commitment to exceptional customer service have attracted experienced private aircraft owners and discerning travelers since its inception.
The company's dedication to excellence extends beyond fleet expansion. FlyHouse's rapidly growing team of highly skilled and experienced pilots, attentive crew members, and dedicated ground staff work tirelessly to ensure every flawless journey, offering clients a peaceful and unrivaled flying experience.
About FlyHouse:
FlyHouse is a leading private aviation company based in Los Angeles, California, disrupting the old industry model by offering transparent aircraft management, a technology-based chartering model, and exceptional customer service. With a growing fleet of luxury aircraft, FlyHouse provides discerning travelers and experienced private aircraft owners with an unparalleled flying experience, seamlessly combining luxury, comfort, and convenience. For more information, visit https://www.flyhouse.us/.
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SOURCE FlyHouse | https://www.weau.com/prnewswire/2023/07/31/flyhouse-elevates-private-aviation-with-two-new-gulfstreams-its-luxury-fleet/ | 2023-07-31T14:13:04 | 0 | https://www.weau.com/prnewswire/2023/07/31/flyhouse-elevates-private-aviation-with-two-new-gulfstreams-its-luxury-fleet/ |
AI demonstrated high accuracy, reduced non-diagnostic outputs, and identified HFpEF patients with worse outcomes.
OXFORD, England, July 31, 2023 /PRNewswire/ -- Applying AI to a single apical four chamber (A4C) view echocardiogram provides accurate information to detect heart failure with preserved ejection fraction (HFpEF), according to research published today in JACC Advances.1
The study, presented at the American Society of Echocardiography Annual Scientific Session, demonstrates the platform could improve the diagnosis, management, and outcomes of a condition that currently often goes undetected, or requires additional invasive procedures to confirm.
Ultromics' EchoGo® Heart Failure accurately detected HFpEF and provided fewer non-diagnostic outputs than current clinical scores, using just the routinely acquired A4C view from a transthoracic echocardiographic (TTE). The novel technology, which was recently granted clearance and Breakthrough Device designation by the FDA, identifies radiomic signatures of disease that are not evident to the human eye.
Senior study author, Patricia A. Pellikka, M.D, Vice Chair in the Department of Cardiovascular Medicine at Mayo Clinic, said: "HFpEF can be difficult to detect, but left undetected and untreated, can result in hospitalization and mortality. As the first AI platform cleared to detect the condition, EchoGo® Heart Failure can fill a significant unmet need."
"With more than 32 million people living with HFpEF, and the incidence increasing, clinicians will benefit from having another means to recognize this disease."
Based on the AI findings, patients could potentially be started on medications to treat their condition earlier than if they had to wait for an invasive diagnostic assessment of the disease.
The AI model was trained and developed on 6,756 patients who underwent a comprehensive TTE at Mayo Clinic in Rochester, Minnesota, between January 2009 to December 2020. It was then independently tested in geographically distinct areas within Mayo Clinic enterprise System sites across the United States, on a dataset that included 1,284 patients.
EchoGo® Heart Failure demonstrated high sensitivity and specificity, detecting 87.8% of patients who had HFpEF, and 81.9% of patients that did not.1 These results exceed what is usually observed in routine clinical practice.
It was also able to assign a correct diagnosis to 74% of patients who had returned non-diagnostic results on the commonly used HFA-PEFF and H2FPEF clinical scores.1 This improvement could translate to more patients receiving accurate and timely diagnoses and management.
During the follow-up period of up to 5 years, 444 patients died, highlighting the poor outcomes associated with HFpEF.1 The AI model was able to identify patients with worse survival, demonstrating its capacity to meaningfully improve patient outcomes.
Ross Upton, PhD, CEO and Founder of Ultromics, said: "Our research demonstrates the tremendous potential of AI in revolutionizing the detection of HFpEF. EchoGo® Heart Failure's exceptional discrimination capabilities combined with its ability to identify patients with higher mortality risks holds great promise for improving patient outcomes and enabling faster access to treatment."
"In a large number of cases, diagnostic data are often missing or discordant, making HFpEF detection challenging. AI can enhance echocardiography capabilities to help practices overcome the cumbersome intricacy of diastolic assessment. It is particularly useful for clinical centers that lack the time, resources, or expertise to perform comprehensive, diagnostic-quality, assessments."
By streamlining the screening process for this complex clinical syndrome, EchoGo® Heart Failure paves the way for more patients to receive the care they need sooner, potentially preventing more severe outcomes, and reducing HFpEF's significant burden on patients and healthcare.
Ultromics remains committed to advancing AI technology to transform cardiovascular healthcare. The groundbreaking findings from this study underscore the company's dedication to empowering healthcare professionals with tools that overcome existing bottlenecks and enhance patient care.
For more information on EchoGo® Heart Failure, visit Ultromics.com
Mayo Clinic has a financial interest in the technology referenced in this press release. Mayo Clinic will use any revenue it receives to support its not-for-profit mission in patient care, education and research.
Notes to editors
The study was approved by the Institutional Review Boards of Mayo Clinic, USA and St. George's University Hospitals, NHS Foundation Trust, UK, and supported by a grant from the American Society of Echocardiography (ASE).
References:
1 - Akerman AP, Porumb M, Scott CG, et al. Automated Echocardiographic Detection of Heart Failure with Preserved Ejection Fraction using Artificial Intelligence. JACC Advances, 2023:100452.
About Ultromics:
Ultromics is a pioneer in advanced heart failure detection. The ground-breaking platform, EchoGo ®, is transforming the way heart failure is diagnosed using artificial intelligence and cardiac ultrasound as a modality. The technology empowers clinicians to make precise, efficient, and accurate assessments of heart failure, leveraging the largest known heart disease outcomes dataset in echocardiography, accurately interpreting echocardiograms and predicting cardiac outcomes. The technology has been built in collaboration with Mayo Clinic and NHS England, and has over $50 million raised capital to support continued innovation with the likes of Blue Venture Fund, Optum Ventures, Oxford Science Enterprises, and GV. They are backed by the largest US health insurance firms with 4 FDA clearances. Ultromics' mission is to stop heart failure in its tracks with its precision detection platform. https://www.ultromics.com
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SOURCE Ultromics | https://www.wafb.com/prnewswire/2023/07/31/study-confirms-ultromics-ai-can-improve-hfpef-detection-using-single-echocardiogram-view/ | 2023-07-31T14:13:09 | 0 | https://www.wafb.com/prnewswire/2023/07/31/study-confirms-ultromics-ai-can-improve-hfpef-detection-using-single-echocardiogram-view/ |
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.kait8.com/prnewswire/2023/07/31/study-shows-accuracy-appropriateness-benefit-using-feelbetter-risk-stratify-elderly-polypharmacy-patients/ | 2023-07-31T14:13:09 | 1 | https://www.kait8.com/prnewswire/2023/07/31/study-shows-accuracy-appropriateness-benefit-using-feelbetter-risk-stratify-elderly-polypharmacy-patients/ |
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.weau.com/prnewswire/2023/07/31/fosun-health-capital-reached-cooperation-agreement-with-medicilon-explore-innovative-drug-research-development-together/ | 2023-07-31T14:13:11 | 1 | https://www.weau.com/prnewswire/2023/07/31/fosun-health-capital-reached-cooperation-agreement-with-medicilon-explore-innovative-drug-research-development-together/ |
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.dakotanewsnow.com/prnewswire/2023/07/31/asigs-technological-center-excellence-advances-ai-applications-with-unparalleled-innovation/ | 2023-07-31T14:13:13 | 0 | https://www.dakotanewsnow.com/prnewswire/2023/07/31/asigs-technological-center-excellence-advances-ai-applications-with-unparalleled-innovation/ |
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.newschannel6now.com/2023/07/31/biden-goes-west-talk-about-his-administrations-efforts-combat-climate-change/ | 2023-07-31T14:13:14 | 0 | https://www.newschannel6now.com/2023/07/31/biden-goes-west-talk-about-his-administrations-efforts-combat-climate-change/ |
BELLEVUE, Wash., July 31, 2023 /PRNewswire/ -- Coinstar® for Financial is proud to announce its partnership with Suncoast™ Credit Union as they implement Coinstar self-service kiosks for in-lobby coin counting in 72 of its branches. Suncoast Credit Union is the largest credit union in Florida and the 10th largest in the US based on membership, serving more than one million members across the state.
The partnership began with a 90-day pilot, allowing Suncoast to trial Coinstar's Anthony kiosks designed for financial institutions in a few of its busier branches. Surpassing Suncoast's goals of increasing transactions and efficiency, the pilot was a success. Coinstar for Financial will complete the rollout to all branches by the end of July.
"Coinstar's impact on productivity and member experience was felt within the first week of the pilot. There were just a few short days between signing the contract and seeing the improvement in our coin operations," said Jennifer Bolivar, Senior Vice President of Business Transformation and Retail Branching. "We are excited to roll out Coinstar's best-in-class kiosks across our branch network and continue seeing the positive impact."
The Anthony kiosks are replacing Suncoast Credit Union's previous coin machines that were managed by branch staff, which often interrupted valuable time spent with members. Coinstar for Financial relieves branch staff of that burden by handling every aspect of their coin counting program. Suncoast staff can now better support their members with more time to work face-to-face and ensure members' needs are met.
Coinstar's turnkey program takes care of coin pickup, kiosk maintenance, and administration, meaning Suncoast's branch staff no longer need to worry about emptying the machines, hauling heavy bags of coin, or coordinating repairs. Members can turn their coins into cash through the convenient and highly accurate self-service Coinstar kiosks. In the future, Suncoast also plans to add coin-to-deposit functionality, where members can insert their debit card and deposit coins directly to their account.
"Coinstar is thrilled to partner with Suncoast Credit Union and proud to be a part of their culture of superior focus on the member experience," said Kevin McColly, CEO of Coinstar. "We look forward to a long, prosperous relationship with Suncoast Credit Union and supporting their success into the future."
Implementing the Anthony kiosks is one of Suncoast's steps in its journey toward continuous branch transformation. Having recently installed Interactive Teller Machines (ITMs) at most of its branches, Suncoast had seen how automating some of its more mundane transactions improved the day-to-day for members and employees. With Coinstar as the latest addition to its branch technology, Suncoast has reached a new level of efficiency and member satisfaction.
About Coinstar for Financial
Coinstar for Financial provides a turnkey coin management service that strengthens existing customer loyalty, increases deposits, and attracts and retains new branch traffic. With no capital investment and no maintenance fees, your staff can focus on customers instead of coin counting. Our entire fleet of kiosks is owned, maintained, and serviced by Coinstar, which means there is virtually no financial or reputational risk for your business. If you are a financial institution leader and are curious about how a fully managed coin program can assist in your branch transformation, contact the experts at Coinstar for Financial. To learn more, visit financial.coinstar.com or follow us on LinkedIn.
About Suncoast Credit Union
Suncoast Credit Union is the largest credit union in the state of Florida, the 10th largest in the United States based on membership, and the 10th largest in the United States based on its $17 billion in assets. Chartered in 1934 as Hillsborough County Teachers Credit Union, Suncoast Credit Union currently operates 76 full-service branches and serves more than one million members across Florida. As a community credit union, anyone who lives, works, attends school, or worships in Suncoast Credit Union's service area is eligible for membership. In 2021, Suncoast Credit Union's field of membership was expanded to include public K-12 teachers, college educators, and educational support staff from all of Florida's 67 counties. Suncoast is passionate about community support. Since its founding in 1990, the Suncoast Credit Union Foundation has raised and donated more than $40 million to organizations and initiatives that support the health, education, and emotional well-being of children in the communities that the credit union serves. For more information, visit www.suncoastcreditunion.com or follow us on social media: Facebook, LinkedIn, Twitter, and Instagram.
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SOURCE Coinstar for Financial | https://www.kait8.com/prnewswire/2023/07/31/suncoast-credit-union-partners-with-coinstar-financial-achieving-branch-transformation-with-fully-managed-coin-counting/ | 2023-07-31T14:13:16 | 0 | https://www.kait8.com/prnewswire/2023/07/31/suncoast-credit-union-partners-with-coinstar-financial-achieving-branch-transformation-with-fully-managed-coin-counting/ |
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.wafb.com/prnewswire/2023/07/31/study-shows-accuracy-appropriateness-benefit-using-feelbetter-risk-stratify-elderly-polypharmacy-patients/ | 2023-07-31T14:13:15 | 1 | https://www.wafb.com/prnewswire/2023/07/31/study-shows-accuracy-appropriateness-benefit-using-feelbetter-risk-stratify-elderly-polypharmacy-patients/ |
300PPM leads investment in the only proven solution to decarbonize process heat at scale
NEW YORK, July 31, 2023 /PRNewswire/ -- Today, GlassPoint, the leader in decarbonizing industrial process heat, closed an $8M series A investment led by 300PPM and joined by former Australian prime minister Malcolm Turnbull, former Alcoa COO Tomas Sigurdsson and several additional industrial leaders. GlassPoint will use the investment to expand operations to help industrial companies decarbonize and meet looming net-zero commitments with the only solution proven to decarbonize industrial process heat at scale.
This is the first investment by 300PPM, which was founded in 2023 to accelerate the path to net-zero by deploying climate infrastructure globally at speed and scale. Howar Talabany, 300PPM founding partner and head of business development, led the investment and will join GlassPoint's board of directors.
"More than 40% of the Fortune 500 have set net-zero goals as leaders increasingly internalize the business and investor value that accompanies decarbonization," said Talabany. "They're also realizing that to deliver on these goals they need to scale viable solutions now. GlassPoint stands out in a sea of innovators as the only solution proven at scale to decarbonize the $444B industrial process heat market. With a robust customer pipeline and impressive executive team, GlassPoint is well positioned to lead essential decarbonization efforts across industries."
The funding comes on the heels of GlassPoint's groundbreaking memorandum of understanding with Ma'aden to develop the world's largest solar process heat plant to convert bauxite into alumina and help Saudi Arabia meet sustainability goals. GlassPoint has deployed more than half of all the solar steam for industry in the world and the company has been reliably producing solar steam for over a decade.
New regulations from the U.S. Securities and Exchange Commission will soon require publicly listed companies to disclose climate-related risks as well as information around direct and indirect carbon emissions, increasing pressure on leaders to develop actionable carbon-reducing strategies. Moreover, a recent Fortune 500 CEO survey found that a strong majority of business leaders believe focusing on climate will help deepen relationships with employees and customers.
"We are seeing strong interest around the world as consumer demand for sustainable goods, soaring ESG goals and the Inflation Reduction Act drive unprecedented investment in carbon-reducing technologies," said GlassPoint CEO and founder Rod MacGregor. "Every major industrial company is reassessing their supply chain, and GlassPoint provides the most cost-effective option to reduce carbon emissions immediately by delivering renewable heat at the scale they need. We look forward to putting this investment to work to help industrial leaders across the Middle East and North America decarbonize materials essential to the energy transition and combat climate change."
GlassPoint's solar steam solution is available for a range of hard-to-abate industries, including mining and metals. The company is accelerating adoption with a steam-as-a-service model that eliminates the need for capital allocation, streamlines customer decision making and reduces business risk.
About GlassPoint
GlassPoint decarbonizes the production of materials essential to the energy transition and makes a substantial impact on combating climate change. The company builds, owns and operates large-scale solar steam facilities to reduce carbon emissions in hard-to-abate industries such as mining and metals, chemicals, construction materials, desalination and more. GlassPoint is the only solution proven at scale to reduce carbon emissions from industrial process heat and has built more than half of the industrial solar steam capacity in the world. Learn more at glasspoint.com.
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SOURCE GlassPoint | https://www.weau.com/prnewswire/2023/07/31/glasspoint-closes-8m-series-help-industry-meet-pressing-net-zero-goals/ | 2023-07-31T14:13:17 | 1 | https://www.weau.com/prnewswire/2023/07/31/glasspoint-closes-8m-series-help-industry-meet-pressing-net-zero-goals/ |
Average gasoline prices in Fort Wayne have risen 27.8 cents per gallon in the last week, averaging $3.67 per gallon today, according to GasBuddy's survey of 201 stations in Fort Wayne.
Prices in Fort Wayne are 48.4 cents per gallon higher than a month ago but 45.5 cents per gallon lower than a year ago, GasBuddy said in a statement.
The national average price of gasoline has risen 16.5 cents per gallon in the last week, averaging $3.72 per gallon today, the statement said. It said the national average is up 21.4 cents per gallon from a month ago but 45.6 cents per gallon lower than a year ago.
"Gas prices suddenly soared over the last week due to heat-related refinery outages that impacted some of the largest refineries in the country, at a time when summer gasoline demand peaks and as gasoline inventories slid to their lowest July level since 2015," said Patrick De Haan, head of petroleum analysis at GasBuddy, in the statement.
Oil prices surged to their highest level in months, rising to more than $80 per barrel, De Haan said. He said average gasoline and diesel prices rise at the fastest pace in more than a year, but the rise seen in the last week is expected to start slowing.
"However, as we get ever closer to the peak of hurricane season, any new issues could easily push the national average over $4 per gallon for the first time in 2023," De Haan said. "Drivers may want to brace for potentially higher prices yet." | https://www.journalgazette.net/business/fort-wayne-gasoline-prices-rise-nearly-28-cents-a-gallon-in-last-week/article_7ba5a454-2f8a-11ee-b576-ab3bed9fb77d.html | 2023-07-31T14:13:18 | 1 | https://www.journalgazette.net/business/fort-wayne-gasoline-prices-rise-nearly-28-cents-a-gallon-in-last-week/article_7ba5a454-2f8a-11ee-b576-ab3bed9fb77d.html |
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.dakotanewsnow.com/prnewswire/2023/07/31/attention-teachers-hubble-contacts-is-giving-away-free-eyeglasses-educators-this-back-to-school-season/ | 2023-07-31T14:13:20 | 0 | https://www.dakotanewsnow.com/prnewswire/2023/07/31/attention-teachers-hubble-contacts-is-giving-away-free-eyeglasses-educators-this-back-to-school-season/ |
SUV driver intentionally hit 6 migrant workers, police say
Published: Jul. 31, 2023 at 7:26 AM CDT|Updated: 2 hours 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.newschannel6now.com/2023/07/31/suv-driver-intentionally-hit-6-migrant-workers-police-say/ | 2023-07-31T14:13:22 | 1 | https://www.newschannel6now.com/2023/07/31/suv-driver-intentionally-hit-6-migrant-workers-police-say/ |
Leveraging AI, Topline Pro Scales to Help the Millions of Small Home Service Businesses Succeed
NEW YORK, July 31, 2023 /PRNewswire/ -- Topline Pro, a Generative AI platform enabling home services professionals to manage and scale their businesses online, today announced $12M in Series A funding led by Forerunner Ventures (Brian O'Malley) along with support from Bonfire Ventures (Jim Andelman), TMV (Soraya Darabi), BBG Ventures (Susan Lyne).
Topline Pro is democratizing the key building blocks for managing and growing a Home Services business, which is uniquely possible through AI advancements. The platform enables pros, from general contractors to landscapers, to be discovered, trusted and booked — repeatedly. Topline Pro's mission is to ensure more home service business owners succeed by providing all the tools and resources they need, so pros can focus more on their craft versus the operational overhead of running a small business.
Topline Pro's intuitive interface empowers pros to efficiently and seamlessly manage and grow business by helping them:
- Build a thriving online presence through custom generated content, from personalized social media content to a custom website and online ads, while syncing content to and from local listings
- Gain trust and showcasing experience through robust reviews collection, response and showcasing capabilities
- Get paid online, schedule and book business, and develop meaningful customer relationships
Topline leverages generative AI across its suite of offerings so business owners can focus more on their craft and doing work in the field, instead of sinking time and energy into growing and managing the business in the background. To date, the platform has generated over $180M in business across thousands of businesses in nearly all 50 states.
"Topline Pro is akin to a Shopify for Home Services businesses," said Brian O'Malley, Managing Director at Forerunner Ventures. "By building a vertical stack for this ecosystem, Topline has the opportunity to bring this underserved category online and empower greater economic opportunity."
Until the creation of Topline Pro, the home service market was mostly served through marketplaces and intermediaries for connecting homeowners with service providers. The prevailing system and solutions has been inefficient and expensive, where business owners have no other option but to pay significantly for leads without any guarantee of winning the work. Topline Pro believes in tipping the power back towards Home Services small business owners, where they have more control and resources to grow and operate their business directly.
"Home Services businesses are part of the backbone of the American economy and an industry that consumers rely on for the safety and comfort of their home, but the space has been overlooked for far too long due to structural and cultural dynamics, such as market fragmentation and misplaced stigma," said Nick Ornitz, CEO and Co-founder of Topline Pro. "Topline Pro is on a mission to help millions of home service business owners in the more than $500Bn market be more likely to succeed.".
Topline Pro will use the recent funding to further expand Generative AI capabilities across the existing suite of tools, build out additional product offerings, and expand their team across multiple roles in engineering, product, customer success, marketing and sales.
Topline Pro
Topline Pro (toplinepro.com) is a platform that empowers service based small businesses to get discovered, build trust, and get booked, repeatedly. Topline Pro utilizes generative AI to automate the creation of a SEO optimized website and ongoing online engagement along with tools that streamline operations from booking to payment. Topline Pro enables the business owner to own the relationship with their customers and grow their business while focusing on what they do best, exceptional service in the field. Topline Pro has generated over $180M in business across thousands of businesses in nearly all 50 states.
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SOURCE Topline Pro | https://www.kait8.com/prnewswire/2023/07/31/topline-pro-announces-12m-series-funding-reshape-economic-opportunity-home-services/ | 2023-07-31T14:13:23 | 1 | https://www.kait8.com/prnewswire/2023/07/31/topline-pro-announces-12m-series-funding-reshape-economic-opportunity-home-services/ |
BELLEVUE, Wash., July 31, 2023 /PRNewswire/ -- Coinstar® for Financial is proud to announce its partnership with Suncoast™ Credit Union as they implement Coinstar self-service kiosks for in-lobby coin counting in 72 of its branches. Suncoast Credit Union is the largest credit union in Florida and the 10th largest in the US based on membership, serving more than one million members across the state.
The partnership began with a 90-day pilot, allowing Suncoast to trial Coinstar's Anthony kiosks designed for financial institutions in a few of its busier branches. Surpassing Suncoast's goals of increasing transactions and efficiency, the pilot was a success. Coinstar for Financial will complete the rollout to all branches by the end of July.
"Coinstar's impact on productivity and member experience was felt within the first week of the pilot. There were just a few short days between signing the contract and seeing the improvement in our coin operations," said Jennifer Bolivar, Senior Vice President of Business Transformation and Retail Branching. "We are excited to roll out Coinstar's best-in-class kiosks across our branch network and continue seeing the positive impact."
The Anthony kiosks are replacing Suncoast Credit Union's previous coin machines that were managed by branch staff, which often interrupted valuable time spent with members. Coinstar for Financial relieves branch staff of that burden by handling every aspect of their coin counting program. Suncoast staff can now better support their members with more time to work face-to-face and ensure members' needs are met.
Coinstar's turnkey program takes care of coin pickup, kiosk maintenance, and administration, meaning Suncoast's branch staff no longer need to worry about emptying the machines, hauling heavy bags of coin, or coordinating repairs. Members can turn their coins into cash through the convenient and highly accurate self-service Coinstar kiosks. In the future, Suncoast also plans to add coin-to-deposit functionality, where members can insert their debit card and deposit coins directly to their account.
"Coinstar is thrilled to partner with Suncoast Credit Union and proud to be a part of their culture of superior focus on the member experience," said Kevin McColly, CEO of Coinstar. "We look forward to a long, prosperous relationship with Suncoast Credit Union and supporting their success into the future."
Implementing the Anthony kiosks is one of Suncoast's steps in its journey toward continuous branch transformation. Having recently installed Interactive Teller Machines (ITMs) at most of its branches, Suncoast had seen how automating some of its more mundane transactions improved the day-to-day for members and employees. With Coinstar as the latest addition to its branch technology, Suncoast has reached a new level of efficiency and member satisfaction.
About Coinstar for Financial
Coinstar for Financial provides a turnkey coin management service that strengthens existing customer loyalty, increases deposits, and attracts and retains new branch traffic. With no capital investment and no maintenance fees, your staff can focus on customers instead of coin counting. Our entire fleet of kiosks is owned, maintained, and serviced by Coinstar, which means there is virtually no financial or reputational risk for your business. If you are a financial institution leader and are curious about how a fully managed coin program can assist in your branch transformation, contact the experts at Coinstar for Financial. To learn more, visit financial.coinstar.com or follow us on LinkedIn.
About Suncoast Credit Union
Suncoast Credit Union is the largest credit union in the state of Florida, the 10th largest in the United States based on membership, and the 10th largest in the United States based on its $17 billion in assets. Chartered in 1934 as Hillsborough County Teachers Credit Union, Suncoast Credit Union currently operates 76 full-service branches and serves more than one million members across Florida. As a community credit union, anyone who lives, works, attends school, or worships in Suncoast Credit Union's service area is eligible for membership. In 2021, Suncoast Credit Union's field of membership was expanded to include public K-12 teachers, college educators, and educational support staff from all of Florida's 67 counties. Suncoast is passionate about community support. Since its founding in 1990, the Suncoast Credit Union Foundation has raised and donated more than $40 million to organizations and initiatives that support the health, education, and emotional well-being of children in the communities that the credit union serves. For more information, visit www.suncoastcreditunion.com or follow us on social media: Facebook, LinkedIn, Twitter, and Instagram.
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SOURCE Coinstar for Financial | https://www.wafb.com/prnewswire/2023/07/31/suncoast-credit-union-partners-with-coinstar-financial-achieving-branch-transformation-with-fully-managed-coin-counting/ | 2023-07-31T14:13:23 | 0 | https://www.wafb.com/prnewswire/2023/07/31/suncoast-credit-union-partners-with-coinstar-financial-achieving-branch-transformation-with-fully-managed-coin-counting/ |
- Learners can enroll for these Microsoft Certifications with any of the existing programs offered by Great Learning in Cloud Computing, Data Science and Data Engineering.
- The Microsoft Certification aligned learning paths will be delivered by Great Learning faculty and Microsoft Certified Trainers.
- Great Learning programs are designed to help learners advance their skills in Microsoft technologies and Azure focused careers and complete the corresponding Microsoft Certification exams.
SEATTLE, July 31, 2023 /PRNewswire/ -- Great Learning, a leading global edtech company for higher education and professional training is collaborating with Microsoft to offer their learners various Microsoft Azure and Microsoft Power BI learning paths aligned to Microsoft Certifications. These 6-week online programs are designed and developed by Microsoft and delivered by Great Learning faculty and Microsoft Certified Trainers. The programs are relevant for young graduates and working professionals aspiring to build careers in high-demand domains such as Cloud Computing, Data Science and Data Engineering.
The relevance of Azure in today's technology landscape cannot be overstated. As businesses increasingly migrate to the cloud, Azure has emerged as a leading cloud infrastructure platform, providing a wide range of services and solutions to meet diverse business needs. Organizations that use Azure gain scalability, agility, and cost-efficiency, enabling them to accelerate innovation and drive digital transformation. The rapid adoption of Azure has created a significant demand for professionals skilled in Azure technologies. These skilling programs aligned to Azure certifications are designed for professionals aspiring to build a career in Cloud Computing and wanting to gain technical skills in Azure-based solutions.
As part of this relationship, Great Learning will initially deliver three Microsoft Certification aligned skilling programs, with plans to expand the offering to include seven more programs throughout the year. Launching immediately are the Azure Fundamentals, Azure Administrator, (as a bolt on with the Great Learning Cloud Computing program) and Power BI Data Analyst programs. The Microsoft Azure Administrator certification is relevant for mid-level professionals in the IT and cloud domain and will provide them with a comprehensive understanding of Azure infrastructure and management tools. Power BI Data Analyst, is designed for young graduates who want to kick-start their career in Data Analytics.
Sharing his views about the collaboration, Mohan Lakhamraju, Founder & CEO, Great Learning said, "We are thrilled to join forces with Microsoft to provide our learners with access to world-class training aligned to Microsoft Certifications. Microsoft Azure is a prominent cloud infrastructure platform, revolutionizing the way businesses operate. However, there is a noticeable dearth of professionals equipped with the necessary skills to effectively leverage the capabilities of Azure. This collaboration will enable professionals at various stages of their careers to get these highly relevant skills and stay ahead in today's competitive job market."
Geoffrey Hirsch, Microsoft Senior Director, Worldwide Learning said, "Great Learning's expertise in professional training aligns to our goal to enable individuals to enhance their skill sets and pursue rewarding careers in the technology industry. We are pleased about this collaboration and the opportunity to offer specialized technical skilling through Great Learning that helps individuals prepare for Microsoft Certifications."
These certification-aligned programs will be delivered in a unique way under this collaboration. Learners will learn the Microsoft certified content over six weeks with weekly mentorship sessions with Great Learning's expert mentors. They will also have a dedicated program manager to assist and address any challenges faced during the course of the programs. Through this journey, they will also receive exam focused simulations and mock tests to prepare them for the certification exam. Upon completion of the program, learners will also obtain certification vouchers to cover the cost of the corresponding certification exam fee.
Great Learning is a leading global ed-tech company for professional training and higher education. It offers comprehensive, industry-relevant, hands-on learning programs across various business, technology and interdisciplinary domains driving the digital economy. These programs are developed and offered in collaboration with the world's foremost academic institutions like Stanford Graduate School of Business, MIT Professional Education, The University of Texas at Austin, National University of Singapore, Wharton Online, The University of Arizona, Deakin University, IIT-Roorkee, IIIT-Hyderabad & Delhi, and Great Lakes Institute of Management. Great Learning is able to leverage the highly qualified, world-class faculty at these universities together with its vast network of 6200+ industry expert mentors to deliver an unmatched learning experience for over 8.2 million learners from over 170+ countries around the world.
Media Contact
Navami Ajayan
Corporate Communications
press@mygreatlearning.com
Navami.ajayan@greatlearning.in
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SOURCE Great Learning | https://www.weau.com/prnewswire/2023/07/31/great-learning-offer-microsoft-azure-microsoft-power-bi-certifications-its-learners/ | 2023-07-31T14:13:24 | 0 | https://www.weau.com/prnewswire/2023/07/31/great-learning-offer-microsoft-azure-microsoft-power-bi-certifications-its-learners/ |
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.dakotanewsnow.com/prnewswire/2023/07/31/avalara-appoints-meg-higgins-senior-vice-president-global-partners/ | 2023-07-31T14:13:26 | 0 | https://www.dakotanewsnow.com/prnewswire/2023/07/31/avalara-appoints-meg-higgins-senior-vice-president-global-partners/ |
Yellow is shutting down and headed for bankruptcy, the Teamsters Union says. Here’s what to know
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.
Copyright 2023 The Associated Press. All rights reserved. | https://www.newschannel6now.com/2023/07/31/yellow-is-shutting-down-headed-bankruptcy-teamsters-union-says-heres-what-know/ | 2023-07-31T14:13:28 | 1 | https://www.newschannel6now.com/2023/07/31/yellow-is-shutting-down-headed-bankruptcy-teamsters-union-says-heres-what-know/ |
SAN FRANCISCO -- Elon Musk has angered some living near Twitter, or X headquarters. Friday night the company unveiled their new X logo on top of the building by turning the lights of that X on. In the process, those lights beamed right into nearby apartments.
Videos posted to social media show the pulsating X light which has become the talk of San Francisco's Mid-Market neighborhood.
"It is pretty annoying from my perspective," said Jessica Xu who lives across the street.
The X, which sits atop Twitter headquarters, signifies Twitters rebrand and name change to X. The light was said to be off Saturday night, but was on Friday night and some residents from the buildings across the street were not so happy about it.
VIDEO: 'X' logo installed atop Twitter building, spurring San Francisco to investigate permit violation
"I think it's way too bright! It was flashing directly into my apartment and just lit up my entire place," said Xu.
"Too bright yeah. I would say too bright," said Viet Huynh who lives across the street.
"From below, we were walking our dog and saw it and were like, oh wow what a spectacle and then we get upstairs and we see like the ramifications of it and it is so bright and ridiculous," said Jennifer Freeman.
Twitter, or X's Elon Musk posted video showing the X all lit up.
City officials say they've opened an investigation into the sign saying, "A building permit is required to make sure the sign is structurally sound and installed safely. Planning review and approval is also necessary for the installation of this sign. The City is opening a complaint and initiating an investigation."
MORE: 'The everything app': What Musk's rebranding of Twitter to X could mean for future of his companies
Sunday, the Twitter letters were completely removed from the sign, leaving just the X.
Tech analyst Rob Enderle of the Enderle Group says the change doesn't do any good for the social media platform.
"This is probably one of the worst times to do a brand change, a name change because they were having trouble retaining customers, and whenever you change the identity of a company you're going to lose a certain amount of customers as a result of the name change," said Enderle.
But Musk and X have their strong supporters even with this bright light.
"He's playing chess with City Hall. I love what he's doing. I think it's great, like I said he's a showman, he's going to turn the light down at night, it's going to be very subtle but everybody is talking San Francisco now. I love that!" said Dee Dee Damn.
MORE: Elon Musk says Twitter has 'negative cash flow' and 'heavy debt'
And while some say yes the light was bright Friday, they're just dealing with it.
"I got curtains, I got blackout curtains," said CJ Randolph.
For those that don't have the black out curtains -
"We were in the living room and we could see it flashing from the bedroom and I was like, what is that and I was like, oh no it's that big X we saw outside," said Freeman.
Yes, the gig X, the one that everyone seemed to be taking pictures of on Sunday, wondering what will come next.
If you're on the ABC7 News app, click here to watch live | https://6abc.com/twitter-x-sign-bright-light-sf-hq/13575800/ | 2023-07-31T14:13:29 | 1 | https://6abc.com/twitter-x-sign-bright-light-sf-hq/13575800/ |
Innovative community bank with $2.4 billion in assets to provide award-winning BaaS offering
SAN FRANCISCO, July 31, 2023 /PRNewswire/ -- Treasury Prime, a leading embedded banking software company, today announced it is partnering with Academy Bank to bring embedded finance services to its customers in the financial services industry. This partnership addresses the increasing demand for flexible and scalable solutions that effectively meet the evolving needs of businesses and customers.
The objective of this partnership is to provide businesses with seamless access to Academy Bank's deposit services, enabling them to offer FDIC-insured accounts to their customers while staying fully compliant with regulatory requirements. Treasury Prime's award-winning BaaS platform, coupled with Academy Bank's established banking infrastructure, will empower businesses to rapidly launch and scale their payment and deposit products, driving strong customer engagement and retention.
"Academy Bank's ability to service deposit customers in a highly personalized manner, combined with their unwavering commitment to innovation, forms a strong foundation for our partnership," said Jeff Nowicki, VP of Banking at Treasury Prime. "We are proud to welcome Academy Bank to our bank network and work together to deliver transformative banking experiences."
"This collaboration aligns perfectly with our commitment to innovation and focus on the fintech industry," said David Robinson, Director of Fintech Partnerships at Academy Bank. "By leveraging Treasury Prime's technology, we can enhance our offerings and provide our fintech partners with the tools they need to accelerate their growth and deliver innovative financial services."
This partnership follows Treasury Prime's success in rapidly expanding its bank network, which now exceeds 15 financial institutions nationwide.
For more information about Treasury Prime, visit treasuryprime.com.
About Treasury Prime
Treasury Prime is building the future of finance. Leveraging its award-winning APIs and versatile embedded banking products, Treasury Prime enables banks and enterprise partners to innovate, adapt, grow and scale to stay competitive in a rapidly changing marketplace. The company helps enterprises with a range of complex services including money transfer, risk mitigation and access to a chartered bank's infrastructure. Treasury Prime works with forward-thinking banks to innovate responsibly and increase access to banking products and services to all segments of the population Treasury Prime was named Best Banking-as-a-Service Platform in the Tearsheet Embedded Awards 2021 and 2022, and was named to CB Insights' annual 2021 Fintech 250 list.
About Academy Bank
Academy Bank is a full-service bank with $2.4 billion in assets and over 70 branch locations in Arizona, Colorado, Kansas and Missouri. Honored as one of Fortune Magazine's "2023 Most Innovative Companies," Academy Bank provides a wide range of financial solutions for business and individuals, including commercial and business banking, treasury management and mortgage services. Academy Bank is a wholly owned subsidiary of Dickinson Financial Corporation, a $3.6 billion holding company headquartered in downtown Kansas City, Missouri. Academy Bank's sister bank, Armed Forces Bank, headquartered in Leavenworth, Kansas, proudly serves active and retired military and civilian clients across the country and around the world. Armed Forces Bank is recognized as one of the top-three strongest banks in Kansas City by the Kansas City Business Journal.
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SOURCE Treasury Prime | https://www.kait8.com/prnewswire/2023/07/31/treasury-prime-academy-bank-join-forces-address-growing-market-demand-through-banking-as-a-service-partnership/ | 2023-07-31T14:13:29 | 0 | https://www.kait8.com/prnewswire/2023/07/31/treasury-prime-academy-bank-join-forces-address-growing-market-demand-through-banking-as-a-service-partnership/ |
Leveraging AI, Topline Pro Scales to Help the Millions of Small Home Service Businesses Succeed
NEW YORK, July 31, 2023 /PRNewswire/ -- Topline Pro, a Generative AI platform enabling home services professionals to manage and scale their businesses online, today announced $12M in Series A funding led by Forerunner Ventures (Brian O'Malley) along with support from Bonfire Ventures (Jim Andelman), TMV (Soraya Darabi), BBG Ventures (Susan Lyne).
Topline Pro is democratizing the key building blocks for managing and growing a Home Services business, which is uniquely possible through AI advancements. The platform enables pros, from general contractors to landscapers, to be discovered, trusted and booked — repeatedly. Topline Pro's mission is to ensure more home service business owners succeed by providing all the tools and resources they need, so pros can focus more on their craft versus the operational overhead of running a small business.
Topline Pro's intuitive interface empowers pros to efficiently and seamlessly manage and grow business by helping them:
- Build a thriving online presence through custom generated content, from personalized social media content to a custom website and online ads, while syncing content to and from local listings
- Gain trust and showcasing experience through robust reviews collection, response and showcasing capabilities
- Get paid online, schedule and book business, and develop meaningful customer relationships
Topline leverages generative AI across its suite of offerings so business owners can focus more on their craft and doing work in the field, instead of sinking time and energy into growing and managing the business in the background. To date, the platform has generated over $180M in business across thousands of businesses in nearly all 50 states.
"Topline Pro is akin to a Shopify for Home Services businesses," said Brian O'Malley, Managing Director at Forerunner Ventures. "By building a vertical stack for this ecosystem, Topline has the opportunity to bring this underserved category online and empower greater economic opportunity."
Until the creation of Topline Pro, the home service market was mostly served through marketplaces and intermediaries for connecting homeowners with service providers. The prevailing system and solutions has been inefficient and expensive, where business owners have no other option but to pay significantly for leads without any guarantee of winning the work. Topline Pro believes in tipping the power back towards Home Services small business owners, where they have more control and resources to grow and operate their business directly.
"Home Services businesses are part of the backbone of the American economy and an industry that consumers rely on for the safety and comfort of their home, but the space has been overlooked for far too long due to structural and cultural dynamics, such as market fragmentation and misplaced stigma," said Nick Ornitz, CEO and Co-founder of Topline Pro. "Topline Pro is on a mission to help millions of home service business owners in the more than $500Bn market be more likely to succeed.".
Topline Pro will use the recent funding to further expand Generative AI capabilities across the existing suite of tools, build out additional product offerings, and expand their team across multiple roles in engineering, product, customer success, marketing and sales.
Topline Pro
Topline Pro (toplinepro.com) is a platform that empowers service based small businesses to get discovered, build trust, and get booked, repeatedly. Topline Pro utilizes generative AI to automate the creation of a SEO optimized website and ongoing online engagement along with tools that streamline operations from booking to payment. Topline Pro enables the business owner to own the relationship with their customers and grow their business while focusing on what they do best, exceptional service in the field. Topline Pro has generated over $180M in business across thousands of businesses in nearly all 50 states.
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SOURCE Topline Pro | https://www.wafb.com/prnewswire/2023/07/31/topline-pro-announces-12m-series-funding-reshape-economic-opportunity-home-services/ | 2023-07-31T14:13:30 | 0 | https://www.wafb.com/prnewswire/2023/07/31/topline-pro-announces-12m-series-funding-reshape-economic-opportunity-home-services/ |
TAMPA, Fla. and WASHINGTON, July 31, 2023 /PRNewswire/ -- HealthEdge Investment Partners, LLC ("HealthEdge") and United Western Group ("United Western") announced today that in partnership with Advantage Capital Holdings, LLC ("A-CAP"), they have completed a recapitalization of Veridian Healthcare, LLC ("Veridian" or the "Company"), a leading outsourced manufacturer of private label and branded in-home diagnostic, pain care management, and personal care products.
Veridian, which was founded in 2009 and is based in Gurnee, IL, has distinguished itself as a preeminent distributor of home health and diagnostic products for leading national and regional chain stores, pharmacies, wholesalers, distributors, and e-commerce businesses. The Company's custom private labeling capabilities, robust overseas procurement knowledge and relationships, purchase volumes, and well-established supplier relationships enable Veridian to deliver highly competitive pricing and unmatched service across its wide breadth of product categories. Furthermore, the Company's end-to-end procurement solutions adeptly manage quality testing, compliance, shipping, warehousing, and other logistical intricacies, relieving customers of these administrative burdens. These differentiators underpin Veridian's long-term success and impressive growth rate.
Veridian's products are sold into the large and growing retail in-home diagnostic and pain care management consumer end markets. These categories have demonstrated strong historical growth which is expected to continue due to multiple market tailwinds. These include the COVID-19 impact on increased monitoring of consumers' health at home, a growing interest in personal care, an increasing prevalence of chronic disease states, and an aging US population.
Veridian's Founder and President Steve Bisulca retained a meaningful ownership position in the Company and will continue in his role as Veridian's President. Concurrent with the recapitalization, United Western operating partners Robert Friedberg and John Aldridge will also undertake key C-suite roles at Veridian. Mr. Friedberg will serve as Chief Executive Officer with vast experience leading healthcare delivery platforms, including hospitals, health systems, physician practices, and ancillary services ranging from $50M to $1.3B in revenue. Mr. Aldridge will serve as Chief Digital Health Officer, expanding Veridian's capabilities and client base in the digital health sector through deep experience in remote patient monitoring and healthcare IT.
Jacob Atkinson, Managing Partner of United Western Group, commented, "We are privileged to partner with the Veridian Healthcare management team, HealthEdge, and A-CAP to expand Veridian's capabilities into digital healthcare through the development of remote patient monitoring, kitting, and telehealth programs. Veridian is highly regarded for its expansive SKU portfolio, strong supply chain, and logistical support. They have proven themselves to be an industry leader with a strong management team and an exceptional employee-centric culture."
Scott Heberlein, Partner with HealthEdge added, "We are excited to add Veridian and its talented team as the second platform investment in our fourth fund. The Company, its market position, historical growth, and future potential represent many of the attractive attributes we seek with our investments. We believe the addition of United Western's experienced operators, Robert and John, will help drive Veridian into new, growing markets, and provide key healthcare constituents with cost effective solutions for monitoring patients in the home, ultimately driving superior outcomes."
Holland & Knight LLP served as lead legal counsel to United Western Group. Shumaker, Loop & Kendrick, LLP served as legal counsel to HealthEdge. William Blair and Company, LLC served as exclusive financial advisor to Veridian Healthcare, LLC. Dentons US, LLP served as legal advisor to Veridian Healthcare, LLC.
ABOUT VERIDIAN HEALTHCARE
Veridian Healthcare is a nationally recognized distributor of in-home diagnostics and pain relief products. Since its establishment in 2009, Veridian has consistently provided innovative products to the growing healthcare market, focusing on brand development and strategic partnerships while expanding its blue-chip wholesale and retail customer portfolio. Veridian offers over 50 years of combined management and sales experience, providing competitively priced and high-quality products designed to meet the standards of today's healthcare professionals.
For more information on Veridian, visit www.VeridianHealthcare.com.
ABOUT UNITED WESTERN GROUP
United Western Group is a private equity firm based in Washington, D.C. that partners with managers and entrepreneurs to invest in strategically viable, market-leading companies across a wide range of industries. United Western employs a collaborative value creation model through aggressive organic and inorganic growth strategies. United Western seeks investment targets in North American companies with $10 to $200 million in revenue.
For more information on United Western Group, visit www.UnitedWestern.com.
ABOUT HEALTHEDGE
HealthEdge Investment Partners, LLC is an operating-oriented private equity firm founded in 2005 that focuses exclusively on the healthcare industry. HealthEdge seeks to achieve superior returns by investing in businesses that benefit from the knowledge, experience, and network of relationships of its partners. HealthEdge's partners have more than 100 years of combined operating experience in healthcare as CEOs and investors.
For more information on HealthEdge, visit www.HealthEdgePartners.com.
ABOUT A-CAP
Advantage Capital Holdings, LLC is a premier risk solution and service provider to policyholders, insurers, and capital partners. A-CAP owns multiple businesses within the insurance company vertical, including primary carriers, reinsurance vehicles, an investment adviser, and a marketing organization. Additionally, A-CAP offers both debt and equity investment opportunities in businesses meeting desired return profiles and mitigating downside risks. With a diverse and successful management team, A-CAP excels across the insurance, reinsurance, and investment sectors.
For more information on ACAP, visit www.ACAP.com.
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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.dakotanewsnow.com/prnewswire/2023/07/31/bffs-award-winning-author-corky-parker-discovery-channels-charlotte-kilcher-team-up-alaskan-book-tour/ | 2023-07-31T14:13:33 | 0 | https://www.dakotanewsnow.com/prnewswire/2023/07/31/bffs-award-winning-author-corky-parker-discovery-channels-charlotte-kilcher-team-up-alaskan-book-tour/ |
BROOKLYN, N.Y., July 31, 2023 /PRNewswire/ -- VICE Media Group today announced the completion of its sale to a consortium of its former lenders (the "Investor Group"), which consists of funds managed by affiliates of Fortress Investment Group LLC ("Fortress"), Soros Fund Management and Monroe Capital.
"This marks the start of an exciting new chapter for VICE," said Bruce Dixon and Hozefa Lokhandwala, VICE's Co-Chief Executive Officers. "With the support of our Investor Group, we now have the resources to strengthen our business, our partnerships and our content creation across all platforms. Under new ownership and with this leadership team, VICE is positioned to drive our uniquely differentiated brand of news, entertainment and lifestyle content that makes VICE a trusted brand for global audiences and a valued partner to brands, agencies and platforms."
"We are very pleased to complete the acquisition of VICE and we are excited to build upon the achievements of one of the most iconic brands in news and entertainment," the Investor Group said in a joint statement. "We look forward to growing a strong business that is committed to serving audiences, brands and partners with award-winning content. With a strong management team in place, VICE is well-positioned to grow its uniquely compelling world class businesses and drive value during its next chapter."
VICE Media Group is a multi-platform media company with a global reach of over 400 million people. Its Emmy and Peabody award-winning News division is one of the most trusted news sources among Gen Z and is watched on TikTok and other social platforms by hundreds of millions of people. Its studio group, including VICE Studios and Pulse Films, produced Bamarush for HBO Max, Lewis Capaldi: How I'm Feeling Now for Netflix, The American Gladiators Documentary for ESPN, Gangs of London for Sky, and Tell Me Lies for Hulu. Its award-winning publishing division includes VICE.com, Refinery29 and the fashion bible i-D. Its advertising, commercial and music video teams, including the creative agency Virtue, work with brands including Coke and Target and artists such as Harry Styles, and has created award-winning campaigns such as "Backup Ukraine" and "Unfiltered History." VICE TV is home to shows including Tales from the Territories, produced by Dwayne "the Rock" Johnson and the Dark Side franchise, including the breakout hit Dark Side of the Ring.
About VICE Media Group
VICE Media Group is a global multi-platform media company. Launched in 1994, VICE has offices across multiple countries and a focus on five key businesses: An award-winning network of digital content; an Oscar-nominated feature film and television production studio; an Emmy-winning international television network, VICE TV; a Peabody and Emmy award-winning News division; and a global, full-service creative agency, Virtue. VICE Media Group's portfolio includes Refinery29, a leading global media and entertainment company focused on women; Pulse Films, a London-based next-generation production studio with an office in Los Angeles; and i-D, a global digital and quarterly magazine defining fashion and contemporary culture and design.
Media Contact:
Jonathan Bing
jonathan.bing@vice.com
(818) 643-0146
or
Sophie Throsby / Lyle Weston
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
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SOURCE VICE Media Group | https://www.kait8.com/prnewswire/2023/07/31/vice-media-group-completes-sale-lenders/ | 2023-07-31T14:13:36 | 0 | https://www.kait8.com/prnewswire/2023/07/31/vice-media-group-completes-sale-lenders/ |
Innovative community bank with $2.4 billion in assets to provide award-winning BaaS offering
SAN FRANCISCO, July 31, 2023 /PRNewswire/ -- Treasury Prime, a leading embedded banking software company, today announced it is partnering with Academy Bank to bring embedded finance services to its customers in the financial services industry. This partnership addresses the increasing demand for flexible and scalable solutions that effectively meet the evolving needs of businesses and customers.
The objective of this partnership is to provide businesses with seamless access to Academy Bank's deposit services, enabling them to offer FDIC-insured accounts to their customers while staying fully compliant with regulatory requirements. Treasury Prime's award-winning BaaS platform, coupled with Academy Bank's established banking infrastructure, will empower businesses to rapidly launch and scale their payment and deposit products, driving strong customer engagement and retention.
"Academy Bank's ability to service deposit customers in a highly personalized manner, combined with their unwavering commitment to innovation, forms a strong foundation for our partnership," said Jeff Nowicki, VP of Banking at Treasury Prime. "We are proud to welcome Academy Bank to our bank network and work together to deliver transformative banking experiences."
"This collaboration aligns perfectly with our commitment to innovation and focus on the fintech industry," said David Robinson, Director of Fintech Partnerships at Academy Bank. "By leveraging Treasury Prime's technology, we can enhance our offerings and provide our fintech partners with the tools they need to accelerate their growth and deliver innovative financial services."
This partnership follows Treasury Prime's success in rapidly expanding its bank network, which now exceeds 15 financial institutions nationwide.
For more information about Treasury Prime, visit treasuryprime.com.
About Treasury Prime
Treasury Prime is building the future of finance. Leveraging its award-winning APIs and versatile embedded banking products, Treasury Prime enables banks and enterprise partners to innovate, adapt, grow and scale to stay competitive in a rapidly changing marketplace. The company helps enterprises with a range of complex services including money transfer, risk mitigation and access to a chartered bank's infrastructure. Treasury Prime works with forward-thinking banks to innovate responsibly and increase access to banking products and services to all segments of the population Treasury Prime was named Best Banking-as-a-Service Platform in the Tearsheet Embedded Awards 2021 and 2022, and was named to CB Insights' annual 2021 Fintech 250 list.
About Academy Bank
Academy Bank is a full-service bank with $2.4 billion in assets and over 70 branch locations in Arizona, Colorado, Kansas and Missouri. Honored as one of Fortune Magazine's "2023 Most Innovative Companies," Academy Bank provides a wide range of financial solutions for business and individuals, including commercial and business banking, treasury management and mortgage services. Academy Bank is a wholly owned subsidiary of Dickinson Financial Corporation, a $3.6 billion holding company headquartered in downtown Kansas City, Missouri. Academy Bank's sister bank, Armed Forces Bank, headquartered in Leavenworth, Kansas, proudly serves active and retired military and civilian clients across the country and around the world. Armed Forces Bank is recognized as one of the top-three strongest banks in Kansas City by the Kansas City Business Journal.
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SOURCE Treasury Prime | https://www.wafb.com/prnewswire/2023/07/31/treasury-prime-academy-bank-join-forces-address-growing-market-demand-through-banking-as-a-service-partnership/ | 2023-07-31T14:13:36 | 1 | https://www.wafb.com/prnewswire/2023/07/31/treasury-prime-academy-bank-join-forces-address-growing-market-demand-through-banking-as-a-service-partnership/ |
LOS ANGELES, July 31, 2023 /PRNewswire/ -- Herbalife, a premier health and wellness company and community, today introduced Herbalife V, its latest science-based product line, to better support consumers seeking plant-based options to benefit their overall health.
"Plant-based is no longer limited to vegans but has expanded to the general population looking to incorporate healthier options as part of their daily nutrition," said Humbi Calleja, vice president and general manager of Herbalife, North America. "Today's consumer is savvy, reads labels, and understands healthy ingredients, and with the launch of the Herbalife V, we are meeting their goals whether they eat only plants or mostly plants, want to add more plants to their diet, or are plant curious."
According to studies, plant-based lifestyles are on the rise. In fact, approximately 3% of Americans consider themselves vegan, up from 2% in 2012, while 5% are vegetarian. Additionally, almost half of Americans call themselves flexitarians.
"While following a plant-based lifestyle can be a very healthy way of eating, it may be tough to meet all your goals. For example, vegans seek good options to increase or meet their protein goals, including supplementation," said Dr. Luigi Gratton, vice president of Training at Herbalife. "Plant-based certified products like the shakes in the Herbalife V line can help you hit your macro target while taking out the guesswork of plant-based living."
Herbalife V is backed by science and rigorously tested for quality. All products are certified USDA Organic, non-GMO-verified, Kosher, and Plant-based and Vegan by FoodChain ID. Additionally, they are formulated with no soy or dairy and made with no artificial sweeteners or flavors. The product line offers five plant-based certified products that help simplify plant-based nutrition, including:
- Plant-based Protein Shakes
- Greens Booster
- Immune Support*
- Digestive Support*
Herbalife V is available in the U.S. and Puerto Rico exclusively through Herbalife independent distributors. Click here to learn more about this product.
*These statements have not been evaluated by the Food and Drug Administration. This product is not intended to diagnose, treat, cure or prevent any disease.
About Herbalife Ltd.
Herbalife (NYSE: HLF) is a premier health and wellness company and community that has been changing people's lives with great nutrition products and a business opportunity for its independent distributors since 1980. The Company offers science-backed products to consumers in more than 90 markets through entrepreneurial distributors who provide one-on-one coaching and a supportive community that inspires customers to embrace a healthier, more active lifestyle to live their best life.
For more information, please visit www.Herbalife.com or follow us on Twitter @HerbalifeUSA and Instagram @HerbalifeUSA.
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Yellow is shutting down and headed for bankruptcy, the Teamsters Union says. Here’s what to know
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.
Copyright 2023 The Associated Press. All rights reserved. | https://www.kmvt.com/2023/07/31/yellow-is-shutting-down-headed-bankruptcy-teamsters-union-says-heres-what-know/ | 2023-07-31T14:13:40 | 1 | https://www.kmvt.com/2023/07/31/yellow-is-shutting-down-headed-bankruptcy-teamsters-union-says-heres-what-know/ |
A Blackbaud Partner, Momentum, is Helping Blackbaud Customers Create More Impact with AI
CHARLESTON, S.C., July 31, 2023 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced a strategic investment in Momentum, a leading AI-focused Blackbaud partner, graduate of Blackbaud's Social Good Startup tech accelerator program, and winner of Blackbaud's 2022 startup showcase.
Blackbaud recently unveiled a major new wave of its Intelligence for Good® strategy, with a commitment to increase the availability of AI-enabled partner solutions in the Blackbaud Marketplace. This investment in Momentum is one way the company is accelerating product delivery and focusing on the creation of AI capabilities embedded in Blackbaud solutions. With Momentum's integration with Blackbaud Raiser's Edge NXT®, Blackbaud customers can optimize their fundraising and stewardship processes.
"A tremendous opportunity exists for social impact organizations to use AI to address key operational and financial challenges," said Mike Gianoni, president and CEO, Blackbaud. "Blackbaud is actively investing in organic analytics and AI capabilities, and partnering with leading AI companies such as Momentum, to enable our customers to reach donors at a scale never seen before."
Momentum, founded by behavioral scientists from Duke's Center for Advanced Hindsight, launched the first version of its solution in 2019. Key to Momentum's success is a focus on the use of AI to create fundraising tools that build lasting relationships between high impact charities and their donors.
In its current release, the Momentum platform connects donor portfolios with automation and generative AI capabilities to deliver personalized first-draft communications and outreach recommendations directly to a fundraiser's email inbox. Customers using Momentum thus far have experienced a 400% increase in the number of personalized touchpoints their fundraisers could produce and an average of $60,000 per month in increased donations.
Momentum originally joined the Blackbaud ecosystem through participation in the Blackbaud Social Good Startup Program, where the company was connected to Blackbaud experts and fast-tracked into Blackbaud's partner program.
According to Nick Fitz, founder and CEO of Momentum, "Blackbaud's tech accelerator has been a pleasure to be a part of. With their help, we've refined our AI capabilities and integrated core infrastructure. We're working directly with fundraisers—helping people build more meaningful relationships with less psychological burden—and we're excited to learn from the leader in the space. This investment, and guidance from Blackbaud, will help us better serve the people powering the social good sector."
As Blackbaud continues to enhance its AI offerings, partners are a key piece of the company's strategy to grow the ecosystem around its leading solutions and services for social impact organizations. Learn more about Blackbaud's Intelligence for Good approach here and read more about the Blackbaud Partner Network here.
About Blackbaud
Blackbaud (NASDAQ: BLKB) is the leading software provider exclusively dedicated to powering social impact. Serving the nonprofit and education sectors, companies committed to social responsibility and individual change makers, Blackbaud's essential software is built to accelerate impact in fundraising, nonprofit financial management, digital giving, grantmaking, corporate social responsibility and education management. With millions of users and over $100 billion raised, granted or managed through Blackbaud platforms every year, Blackbaud's solutions are unleashing the potential of the people and organizations who change the world. Blackbaud has been named to Newsweek's list of America's Most Responsible Companies, Quartz's list of Best Companies for Remote Workers, and Forbes' list of America's Best Employers. A remote-first company, Blackbaud has operations in the United States, Australia, Canada, Costa Rica and the United Kingdom, supporting users in 100+ countries. Learn more at www.blackbaud.com or follow us on Twitter, LinkedIn, Instagram and Facebook.
About Momentum
Momentum is an innovative AI and behavioral science company helping people build more meaningful relationships. Founded in 2019, our technology streamlines fundraising processes through thoughtful workflow automation and artificial intelligence, enabling fundraisers to focus on relationship-building rather than administrative tasks. Through our suite of products, Momentum has powered impactful campaigns, driving effectiveness and warmth in philanthropy. Our commitment to enhancing fundraising practices has made us a trusted partner for organizations around the world. For more about how Momentum is serving the sector, visit www.givemomentum.com.
Media Inquiries
media@blackbaud.com
Forward-looking Statements
Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are based. In addition, other important factors that could cause results to differ materially include the following: general economic risks; uncertainty regarding increased business and renewals from existing customers; continued success in sales growth; management of integration of acquired companies and other risks associated with acquisitions; risks associated with successful implementation of multiple integrated software products; the ability to attract and retain key personnel; risks associated with management of growth; lengthy sales and implementation cycles, particularly in larger organization; technological changes that make our products and services less competitive; and the other risk factors set forth from time to time in the SEC filings for Blackbaud, copies of which are available free of charge at the SEC's website at www.sec.gov or upon request from Blackbaud's investor relations department. All Blackbaud product names appearing herein are trademarks or registered trademarks of Blackbaud, Inc.
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SOURCE Blackbaud, Inc. | https://www.dakotanewsnow.com/prnewswire/2023/07/31/blackbaud-invests-generative-ai-startup-social-impact/ | 2023-07-31T14:13:40 | 0 | https://www.dakotanewsnow.com/prnewswire/2023/07/31/blackbaud-invests-generative-ai-startup-social-impact/ |
Timely discussion specifies how hospice provides compassionate care to the nation's most vulnerable while driving substantial Medicare cost savings
WASHINGTON, July 31, 2023 /PRNewswire/ -- VITAS Healthcare's Executive Vice President and Chief Medical Officer Joseph Shega, MD, along with Dianne Munevar, Vice President of Health Care Strategy at NORC at the University of Chicago (NORC), and Susan Lloyd, MSN, RN, Chief Executive Officer of Delaware Hospice, participated in a Capitol Hill briefing on Thursday, July 27, to educate Congress about a recent study by NORC that illustrates the value of hospice in Medicare. Specifically, the panelists highlighted how the research demonstrates that earlier referral to hospice benefits patients and families while simultaneously delivering more cost savings to Medicare.
"As a fundamentally patient- and family-centered care model," says Dr. Shega, "hospice provides patients with improved clinical outcomes and pain management, reduced physical and emotional distress, and the ability to spend their last days with dignity at home among loved ones."
The NORC report was released in March 2023. The in-depth study found that greater utilization of hospice during the last six months of life is associated with increased patient satisfaction and quality of life, while also reducing Medicare costs—with $3.5 billion in savings in a single year.
The research identified an opportunity to deliver value through greater access to hospice care for patients with chronic and serious diseases such as cancer, respiratory disease and chronic kidney disease/end-stage renal disease, with a projected savings to Medicare of 17% to 25%.
For patients with dementia, NORC's analysis found that, within the study period, end-of-life care continues to generate cost savings related to neurodegenerative disease. The panelists presented these findings and more during the briefing in Washington, D.C., in coordination with the two national trade associations, the National Hospice and Palliative Care Organization (NHPCO) and the National Association for Home Care and Hospice (NAHC).
One opportunity brought to light by the NORC study, according to the panelists, is the need for a community-based palliative care benefit to support earlier transitions to hospice which will, in turn, continue to drive quality and Medicare savings. Investing in serious illness care increases the quality of end-of-life care for millions of patients, families and caregivers across the country.
"Former President Jimmy Carter's hospice journey is a testament to the value of longer hospice stays," says Dr. Shega. "He is an excellent example of someone who sought out hospice care earlier in his advanced disease state so he could spend his remaining time in comfort and surrounded by family."
One of the nation's first hospice and palliative care providers, VITAS has devoted 45 years of compassionate care to patients and their families throughout 14 states and the District of Columbia. As an organization, VITAS supports the ethic that all hospice-eligible patients should have the opportunity to access hospice in a way—and for a length of time—that allows them to fully benefit from this person- and family-centered care model.
About VITAS® Healthcare
Established in 1978, VITAS Healthcare is a pioneer and leader in the American hospice movement. Headquartered in Miami, Florida, VITAS (pronounced VEE-tahs) operates 50 hospice programs in 14 states (California, Connecticut, Delaware, Florida, Georgia, Illinois, Kansas, Missouri, New Jersey, Ohio, Pennsylvania, Texas, Virginia and Wisconsin) and the District of Columbia. VITAS employs 10,328 professionals who care for patients with advanced illness, primarily in the patients' homes, and also in the company's 25 inpatient hospice units as well as in hospitals, nursing homes and assisted living communities/residential care facilities for the elderly. At the conclusion of the first quarter of 2023, VITAS reported an average daily census of 18,542. Visit www.vitas.com.
Media inquiries contact: media@vitas.com, 877-848-2701
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SOURCE VITAS Healthcare | https://www.kait8.com/prnewswire/2023/07/31/vitas-healthcare-co-leads-value-hospice-panel-briefing-congress/ | 2023-07-31T14:13:43 | 1 | https://www.kait8.com/prnewswire/2023/07/31/vitas-healthcare-co-leads-value-hospice-panel-briefing-congress/ |
Global leaders pioneer secure use of generative AI in contracting through Icertis ExploreAI Early Adopter Program
BELLEVUE, Wash., July 31, 2023 /PRNewswire/ -- Icertis has delivered Icertis Contract Intelligence (ICI) Copilots, the first generative AI applications for enterprise contract management. Built on Icertis ExploreAI™ Service, ICI Interactive Insights Copilot and ICI Risk Assessment Copilot enable executives, legal teams, and business users alike to responsibly harness the transformational power of generative AI to turn their commercial agreements into interactive assets that achieve a step-change in contract efficiency and insights. Backed by the security and trust of Microsoft Azure, ICI Copilots leverage Azure OpenAI Service and Icertis proprietary AI models with the rich data from a company's contracts, its enterprise systems, and the Icertis Data Lake to accelerate the pace of business, galvanize profits, and safeguard enterprises from risk.
Icertis customers include 30 percent of the Fortune 100 and global leaders such as Accenture, Best Buy, Humana, Johnson & Johnson, Mercedes-Benz, and Microsoft. Select customers engaged as early adopters of Icertis ExploreAI Service, catalyzing the launch of both ICI Copilots and a development roadmap of unmatched generative AI capabilities designed to address contracting challenges for the world's largest enterprises.
"Contracts are a massive untapped opportunity for the application of large language models because they are universal across industries, geographies, and businesses of all sizes, and imperative to any and all commerce as we know it," said Samir Bodas, Co-founder and CEO of Icertis. "Icertis has delivered the first generative AI Copilots in the market to lead the next era of transformation in enterprise contracting, balancing innovation with the trust and responsibility that comes with recognizing that regardless of industry – contracts are one of the most confidential and valuable assets in an enterprise."
The first two ICI Copilots are:
- ICI Interactive Insights Copilot
ICI Interactive Insights Copilot enables decision-makers to easily engage with contracts and rapidly uncover insights via pre-defined, hierarchical prompts as well as free-form prompts that highlight key provisions and identify related contract information. With role-based summaries created through a unique combination of secure data sources, including the company's contract portfolio, integrated business systems, and the Icertis Data Lake, leaders are equipped to increase the speed and effectiveness of negotiations while instantly gaining answers to critical questions about the business. - ICI Risk Assessment Copilot
Risk Assessment Copilot automates and accelerates high-volume contract reviews by comparing contract attributes with a company's standard playbook and practices, enabling enterprises to more effectively manage risk by ensuring required clauses and approved language are present in every agreement. In addition to providing a risk score, guided prompts allow legal teams to quickly identify and address missing or noncompliant attributes, while also eliminating time-consuming, error-prone processes by earmarking agreements that do not require further review.
"I am delighted for the BCG Legal Team to test Icertis ExploreAI Service and ICI Copilots as part of the Early Adopter program," said Ulrike Schwarz-Runer, Global General Counsel at Boston Consulting Group. "We aim to unlock deep data-driven insights in our contracts through an agile approach. It's exciting to see the early results and we're eagerly looking forward to continuing the journey to unlock value for our clients, firm, and lawyers."
Icertis has a rich history of AI innovation and was the first to embed AI in contract lifecycle management to enable true contract intelligence and unlock the potential of AI in contracting. ICI Interactive Insights and ICI Risk Assessment Copilots signal the next transformative milestone in the company's AI innovation journey as the first generative AI applications to join the Icertis AI portfolio, which also includes Icertis AI Studio, Icertis NegotiateAI, Icertis DiscoverAI, and Icertis VisualizeAI.
About Icertis
With unmatched technology and category-defining innovation, Icertis pushes the boundaries of what's possible with contract lifecycle management (CLM). The AI-powered, analyst-validated Contract Intelligence (ICI) platform turns contracts from static documents into strategic advantage by structuring and connecting the critical contract information that defines how an organization runs. Today, the world's most iconic brands and disruptive innovators trust Icertis to govern the rights and commitments in their ten million+ contracts worth more than $1 trillion in 40+ languages and 90+ countries.
Media Contact
Michelle Rodriguez
Senior Manager, Corporate Communications
corpcomm@icertis.com
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SOURCE Icertis | https://www.weau.com/prnewswire/2023/07/31/icertis-brings-generative-ai-enterprise-contracting-with-delivery-first-contract-intelligence-copilots/ | 2023-07-31T14:13:43 | 0 | https://www.weau.com/prnewswire/2023/07/31/icertis-brings-generative-ai-enterprise-contracting-with-delivery-first-contract-intelligence-copilots/ |
BROOKLYN, N.Y., July 31, 2023 /PRNewswire/ -- VICE Media Group today announced the completion of its sale to a consortium of its former lenders (the "Investor Group"), which consists of funds managed by affiliates of Fortress Investment Group LLC ("Fortress"), Soros Fund Management and Monroe Capital.
"This marks the start of an exciting new chapter for VICE," said Bruce Dixon and Hozefa Lokhandwala, VICE's Co-Chief Executive Officers. "With the support of our Investor Group, we now have the resources to strengthen our business, our partnerships and our content creation across all platforms. Under new ownership and with this leadership team, VICE is positioned to drive our uniquely differentiated brand of news, entertainment and lifestyle content that makes VICE a trusted brand for global audiences and a valued partner to brands, agencies and platforms."
"We are very pleased to complete the acquisition of VICE and we are excited to build upon the achievements of one of the most iconic brands in news and entertainment," the Investor Group said in a joint statement. "We look forward to growing a strong business that is committed to serving audiences, brands and partners with award-winning content. With a strong management team in place, VICE is well-positioned to grow its uniquely compelling world class businesses and drive value during its next chapter."
VICE Media Group is a multi-platform media company with a global reach of over 400 million people. Its Emmy and Peabody award-winning News division is one of the most trusted news sources among Gen Z and is watched on TikTok and other social platforms by hundreds of millions of people. Its studio group, including VICE Studios and Pulse Films, produced Bamarush for HBO Max, Lewis Capaldi: How I'm Feeling Now for Netflix, The American Gladiators Documentary for ESPN, Gangs of London for Sky, and Tell Me Lies for Hulu. Its award-winning publishing division includes VICE.com, Refinery29 and the fashion bible i-D. Its advertising, commercial and music video teams, including the creative agency Virtue, work with brands including Coke and Target and artists such as Harry Styles, and has created award-winning campaigns such as "Backup Ukraine" and "Unfiltered History." VICE TV is home to shows including Tales from the Territories, produced by Dwayne "the Rock" Johnson and the Dark Side franchise, including the breakout hit Dark Side of the Ring.
About VICE Media Group
VICE Media Group is a global multi-platform media company. Launched in 1994, VICE has offices across multiple countries and a focus on five key businesses: An award-winning network of digital content; an Oscar-nominated feature film and television production studio; an Emmy-winning international television network, VICE TV; a Peabody and Emmy award-winning News division; and a global, full-service creative agency, Virtue. VICE Media Group's portfolio includes Refinery29, a leading global media and entertainment company focused on women; Pulse Films, a London-based next-generation production studio with an office in Los Angeles; and i-D, a global digital and quarterly magazine defining fashion and contemporary culture and design.
Media Contact:
Jonathan Bing
jonathan.bing@vice.com
(818) 643-0146
or
Sophie Throsby / Lyle Weston
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
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SOURCE VICE Media Group | https://www.wafb.com/prnewswire/2023/07/31/vice-media-group-completes-sale-lenders/ | 2023-07-31T14:13:43 | 0 | https://www.wafb.com/prnewswire/2023/07/31/vice-media-group-completes-sale-lenders/ |
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.kmvt.com/prnewswire/2023/07/31/a-lign-sets-new-standard-compliance-automation-with-free-access-a-scend-software/ | 2023-07-31T14:13:47 | 0 | https://www.kmvt.com/prnewswire/2023/07/31/a-lign-sets-new-standard-compliance-automation-with-free-access-a-scend-software/ |
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.dakotanewsnow.com/prnewswire/2023/07/31/calling-all-brawlers-spin-master-presents-an-all-new-generation-bakugan-premiering-netflix-september-1-disney-xd-september-23/ | 2023-07-31T14:13:47 | 0 | https://www.dakotanewsnow.com/prnewswire/2023/07/31/calling-all-brawlers-spin-master-presents-an-all-new-generation-bakugan-premiering-netflix-september-1-disney-xd-september-23/ |
Walker Healthcare and Walker Healthcare IT rebrand as Walker Healthforce, revolutionizing the industry through expertise and innovation in healthcare nursing, IT and allied health solutions
BOSTON, July 31, 2023 /PRNewswire/ -- Walker Healthforce, the newly formed brand resulting from the integration of Walker Healthcare and Walker Healthcare IT, is excited to announce its debut as the leading provider of healthcare IT and clinical solutions. With end-to-end healthcare consulting services and a renewed vision, Walker Healthforce is set to redefine staffing and consulting solutions in the healthcare industry, offering unparalleled value to the workforce, healthcare payers, and clinical ecosystems.
Under the leadership of Founder and CEO Tifiany Walker, Walker Healthforce has dedicated nearly two decades to transforming healthcare through specialized services. The rebranding signifies the company's commitment to advancing the industry and providing comprehensive solutions that meet the evolving needs of its clients.
"We are delighted to introduce Walker Healthforce as the result of our years' of expertise in the healthcare domain," said Tifiany Walker. "Our unwavering focus on healthcare, combined with our investment in cutting-edge technology, top-tier talent, and robust infrastructure, positions us as the ultimate resource for hospital networks, healthcare organizations, nurses, IT professionals, and payer systems. We are proud to usher in a new era of innovation in healthcare solutions."
Walker Healthforce stands out by embracing the belief that specialists outperform generalists in the healthcare landscape. By merging the core competencies of IT, clinical expertise, and allied health services, the company offers a comprehensive suite of 360-degree solutions. The company's proprietary vetting-2-validation process yields the top 20%, ensuring that every client's needs are met, emphasizing a solutions-oriented mindset that sets Walker Healthforce apart.
The industry expertise of Walker Healthforce includes in-depth IT and clinical experience, catering to the requirements of Healthcare Payer and Provider organizations to address the challenges within healthcare today. A team of dedicated experts delivers customizable recruitment solutions with unrivaled timeliness and efficiency, providing immediate and lasting value-added results in areas such as Care Management, Case Management, Data Analytics, Utilization Review, and NCQA &/or HEDIS audits.
According to recent industry reports, healthcare staffing needs have become increasingly challenging, with demand consistently outpacing supply. The healthcare sector faces a shortage of skilled professionals across various disciplines, including physicians, nurses, and allied health workers. This trend is further compounded by the aging population, driving up the demand for healthcare services.
Additionally, the rapid advancement of technology in healthcare has created a demand for specialized IT professionals capable of effectively implementing and managing complex systems. These staffing challenges have significant implications for healthcare organizations, as they strive to maintain high-quality patient care and meet regulatory requirements. Walker Healthforce is leading the way in addressing the evolving staffing needs of the healthcare industry by providing tailored solutions and accessing top-tier talent.
The success of Walker Healthforce is rooted in its proven methodologies. The company's 10-Step vetting-2-validation process guarantees the selection of the most qualified candidates, resulting in an unmatched industry completion rate of 95%. Furthermore, Walker Healthforce proudly boasts a remarkable 94% Dun & Bradstreet score for customer satisfaction, support, and reliability, underscoring the trust clients place in the company's services. By attracting and nurturing exceptional talent, Walker Healthforce ensures the delivery of outstanding results to its valued clients.
With the rebranding to Walker Healthforce, the company paves the way for a future defined by innovative solutions, unrivaled expertise, and an unwavering commitment to the healthcare industry. To learn more about Walker Healthforce and its comprehensive offerings, please visit www.walkerhealthforce.com.
About Walker Healthforce
Walker Healthforce is a premier healthcare clinical solutions provider (formerly Walker Healthcare and Walker Healthcare IT). With a dedicated focus on healthcare, Walker Healthforce offers end-to-end healthcare solutions that combine IT, clinical expertise, and allied health services to address the unique challenges of the industry. By attracting top talent and leveraging cutting-edge technology, Walker Healthforce delivers extraordinary value to healthcare payers, providers and other audiences. For more information, visit www.walkerhealthforce.com.
For Media:
Andrew Jennings, JConnelly
ajennings@jconnelly.com
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SOURCE Walker Healthforce | https://www.kait8.com/prnewswire/2023/07/31/walker-healthforce-redefines-healthcare-staffing-consulting/ | 2023-07-31T14:13:49 | 1 | https://www.kait8.com/prnewswire/2023/07/31/walker-healthforce-redefines-healthcare-staffing-consulting/ |
NEW YORK, July 31, 2023 /PRNewswire/ -- Ideanomics (NASDAQ: IDEX) ("Ideanomics" or the "Company") will release its 2023 first-quarter financial results on Friday, August 4, 2023 at approximately 4:00 p.m. ET, followed by a prerecorded conference call at 4:30 p.m. ET. A link of the conference call and earnings materials will be available on the Company's investor relations website: https://investors.ideanomics.com
About Ideanomics
Ideanomics (NASDAQ: IDEX) is a global group with a simple mission: to accelerate the commercial adoption of electric vehicles. By bringing together vehicles and charging technology with design, implementation, and financial services, we provide the completeness of solutions needed for the commercial world to commit to an EV future. To keep up with Ideanomics, please follow the company on social @ideanomicshq or visit https://ideanomics.com.
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of the federal securities laws. All statements other than statements of historical fact included herein are "forward-looking statements." These forward-looking statements are often identified by the use of forward-looking terminology such as "believes," "expects," or similar expressions, involve known and unknown risks and uncertainties, and include the statement regarding the completion of the business combination within a certain period of time, if ever. Although the Company believes that the expectations reflected in such forward-looking statements are reasonable, they do involve assumptions, risks, and uncertainties, and these expectations may prove to be incorrect. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company's actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of risks and uncertainties, such as risks related to: our ability to obtain necessary regulatory approvals and other risks and uncertainties disclosed under the sections entitled "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our most recent Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, and similar disclosures in subsequent reports filed with the SEC, which are available on the SEC website at www.sec.gov. All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these risk factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.
Contact:
Tony Sklar, SVP of Investor Relations
1441 Broadway, Suite 5116, New York, NY 10018
ir@ideanomics.com
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SOURCE Ideanomics | https://www.weau.com/prnewswire/2023/07/31/ideanomics-announces-q1-2023-earnings-conference-call-details/ | 2023-07-31T14:13:50 | 0 | https://www.weau.com/prnewswire/2023/07/31/ideanomics-announces-q1-2023-earnings-conference-call-details/ |
Timely discussion specifies how hospice provides compassionate care to the nation's most vulnerable while driving substantial Medicare cost savings
WASHINGTON, July 31, 2023 /PRNewswire/ -- VITAS Healthcare's Executive Vice President and Chief Medical Officer Joseph Shega, MD, along with Dianne Munevar, Vice President of Health Care Strategy at NORC at the University of Chicago (NORC), and Susan Lloyd, MSN, RN, Chief Executive Officer of Delaware Hospice, participated in a Capitol Hill briefing on Thursday, July 27, to educate Congress about a recent study by NORC that illustrates the value of hospice in Medicare. Specifically, the panelists highlighted how the research demonstrates that earlier referral to hospice benefits patients and families while simultaneously delivering more cost savings to Medicare.
"As a fundamentally patient- and family-centered care model," says Dr. Shega, "hospice provides patients with improved clinical outcomes and pain management, reduced physical and emotional distress, and the ability to spend their last days with dignity at home among loved ones."
The NORC report was released in March 2023. The in-depth study found that greater utilization of hospice during the last six months of life is associated with increased patient satisfaction and quality of life, while also reducing Medicare costs—with $3.5 billion in savings in a single year.
The research identified an opportunity to deliver value through greater access to hospice care for patients with chronic and serious diseases such as cancer, respiratory disease and chronic kidney disease/end-stage renal disease, with a projected savings to Medicare of 17% to 25%.
For patients with dementia, NORC's analysis found that, within the study period, end-of-life care continues to generate cost savings related to neurodegenerative disease. The panelists presented these findings and more during the briefing in Washington, D.C., in coordination with the two national trade associations, the National Hospice and Palliative Care Organization (NHPCO) and the National Association for Home Care and Hospice (NAHC).
One opportunity brought to light by the NORC study, according to the panelists, is the need for a community-based palliative care benefit to support earlier transitions to hospice which will, in turn, continue to drive quality and Medicare savings. Investing in serious illness care increases the quality of end-of-life care for millions of patients, families and caregivers across the country.
"Former President Jimmy Carter's hospice journey is a testament to the value of longer hospice stays," says Dr. Shega. "He is an excellent example of someone who sought out hospice care earlier in his advanced disease state so he could spend his remaining time in comfort and surrounded by family."
One of the nation's first hospice and palliative care providers, VITAS has devoted 45 years of compassionate care to patients and their families throughout 14 states and the District of Columbia. As an organization, VITAS supports the ethic that all hospice-eligible patients should have the opportunity to access hospice in a way—and for a length of time—that allows them to fully benefit from this person- and family-centered care model.
About VITAS® Healthcare
Established in 1978, VITAS Healthcare is a pioneer and leader in the American hospice movement. Headquartered in Miami, Florida, VITAS (pronounced VEE-tahs) operates 50 hospice programs in 14 states (California, Connecticut, Delaware, Florida, Georgia, Illinois, Kansas, Missouri, New Jersey, Ohio, Pennsylvania, Texas, Virginia and Wisconsin) and the District of Columbia. VITAS employs 10,328 professionals who care for patients with advanced illness, primarily in the patients' homes, and also in the company's 25 inpatient hospice units as well as in hospitals, nursing homes and assisted living communities/residential care facilities for the elderly. At the conclusion of the first quarter of 2023, VITAS reported an average daily census of 18,542. Visit www.vitas.com.
Media inquiries contact: media@vitas.com, 877-848-2701
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SOURCE VITAS Healthcare | https://www.wafb.com/prnewswire/2023/07/31/vitas-healthcare-co-leads-value-hospice-panel-briefing-congress/ | 2023-07-31T14:13:50 | 1 | https://www.wafb.com/prnewswire/2023/07/31/vitas-healthcare-co-leads-value-hospice-panel-briefing-congress/ |
Full Brain Solution Sets New Industry Standard in Stroke Care
NEW YORK, July 31, 2023 /PRNewswire/ -- Aidoc, a pioneering force in clinical AI, announced today the launch of its revolutionary Full Brain Solution. This new solution will significantly expand the anatomy analyzed by AI to identify suspected strokes, allowing for identification and care coordination of patients with medium vessel occlusions (MeVOs) as well as posterior and anterior large vessel occlusions (LVOs).
The Full Brain Solution represents a significant advancement in medical technology aiding patient care, being the first and only AI technology to identify suspected posterior and anterior LVOs and MeVOs. The prevalence of the newly covered conditions, posterior LVO and MeVO, is significant. 795,000 strokes take place each year in the United States, of which, 87% are ischemic strokes. Approximately 25-40% of ischemic strokes are MeVOs and 24-46% of all ischemic strokes are LVOs. 20-25% of LVOs are posterior.1,2,3,4
The addition of posterior LVO and MeVO enables approximately twice as many patients to receive faster access to life-saving therapy with AI-powered care coordination.1,2,3,4
"AI has shown remarkable success in enhancing workflow for patients with anterior LVOs, nearly halving the time to treatment. However, this is just the beginning. With Aidoc's Full Brain Solution, we can now broaden these advancements to benefit a significantly larger patient population, leading to improved care and ultimately better patient outcomes," shared Dr. Brian Mason, Associate Professor NeuroEndovascular Surgery at University of Illinois Champaign, one of the leading AI-healthcare experts in the country.
Extending beyond acute ischemic stroke, the Full Brain Solution employs diverse artificial intelligence technologies such as image-based identification and natural language processing to identify and orchestrate care for patients suffering from intracerebral hemorrhage, subdural hemorrhage, and brain aneurysms, making it the most complete neurovascular AI solution.
Aidoc's Full Brain Solution is delivered through the company's proprietary operating system (aiOS™) that enables organizations to reliably deploy AI solutions in high volumes and overcome the challenges associated with legacy IT systems and separate physician workflows. The aiOS™ seamlessly integrates with existing IT infrastructure, enabling the scale needed to realize the full potential of AI in healthcare. Aidoc's aiOS™ is also the only platform integrated into electronic health records (EHR).
"AI continues to drive significant gains and contributions in addressing the challenges health systems are facing," stated Elad Walach, CEO, Aidoc. "Our groundbreaking Full Brain Solution is propelling AI into new and needed territories and proving impact to facilities by cutting the time to treatment nearly in half for twice as many patients. Our vision is to continue pushing boundaries, transforming the lives of a significantly larger patient population, elevating the standard of care, and driving remarkable improvements in patient outcomes."
Aidoc's Full Brain Solution will be showcased during the Society of NeuroInterventional Surgery (SNIS) Annual Meeting in San Diego, California from July 31 to August 4. If interested in seeing a demonstration register here.
About Aidoc
Aidoc is a pioneering force in clinical AI. We focus on aiding and empowering healthcare teams to optimize patient treatment, which results in improved economic value and clinical outcomes. Our clinically proven AI solutions eliminate silos, increase efficiencies and improve outcomes by delivering critical information when and where care teams need it leading to immediate collective action. Built on Aidoc's proprietary aiOS™, we analyze and aggregate medical data to enable care teams to operationalize the unexpected and work seamlessly with a continued focus on the patient. Used in more than 1,000 medical centers worldwide, Aidoc has the most FDA clearances (13) in clinical AI and its AI-based solutions cover 75 percent of patient populations, enabling physicians to make informed decisions based on real-time data. Aidoc AI is always on, running in the background to change the foreground. Visit Aidoc.com to see how we are connecting all points of care with always on AI.
- https://www.cdc.gov/stroke/facts.htm
- https://www.ahajournals.org/doi/10.1161/STROKEAHA.120.028956
- https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6584910
- https://www.ncbi.nlm.nih.gov/pmc/articles/PMC6170115/#:~:text=Approximately%2020%E2%80%9325%25%20of%20all,mistaken%20for%20more%20benign%20entities.
Photo - https://mma.prnewswire.com/media/2163484/Full_brain_comparison.jpg
Logo - https://mma.prnewswire.com/media/2015772/4183551/Aidoc_Always_On_AI_Logo.jpg
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SOUTH WINDSOR, Conn., July 31, 2023 /PRNewswire/ -- Capewell, a global leader in custom-engineered survivability and aerial delivery solutions, proudly announces it has received the prestigious AS9100 certification for its technical sewing and survivability campus in Meadows of Dan, Virginia. The certification, which is a globally recognized standard for quality management systems (QMS) in the aviation, space, and defense sectors, underscores Capewell's unwavering dedication to exceptional quality and superior solutions for the Armed Forces around the world.
"We are immensely proud to have been ISO 9001 certified, and now AS9100 certified," said Thomas Weidley, Capewell's CEO. "This recognition is a testament to the hard work and dedication of our Virginia technical sewing and survivability team, who consistently strive to deliver excellence in every aspect of our operations. AS9100 not only validates the effectiveness of our quality management systems but also demonstrates our commitment to providing our customers with the safest, most reliable, and highest-quality products."
Built upon the foundations of ISO 9001, a globally recognized standard that sets the requirements for exceptional quality management systems and the most widely used standard in the world, AS9100 is specifically tailored to meet the unique requirements of the civilian and military aviation sector.
AS9100 provides organizations with a strategic approach to address quality enhancement goals by creating a comprehensive system to help organizations design, create, and deliver safe and reliable products while adhering to customer, legal, and regulatory requirements. This certification ensures that manufacturers are consistently producing safe and reliable products.
"By obtaining the AS9100 certification, Capewell demonstrates that the highest standards of quality management are in place for all products manufactured at our facilities," said Cathy Roberts, Quality Assurance and Contract Manager who oversaw the certification application process. "This achievement represents a significant milestone in our pursuit of continuous improvement and reinforces our commitment to meeting and exceeding the expectations of our valued customers."
On average, it takes three to six months for a company to complete the strict and rigorous internal and external audits required to be certified.
Achieving the AS9100 certification now at all our facilities in the U.S., places Capewell among the ranks of the world's leading aerospace companies, showcasing the organization's adherence to the highest industry standards. As an AS9100 certified company, Capewell's presence will be featured in the Online Aerospace Supplier Information System (OASIS), which is maintained by the International Aerospace Quality Group (IAQC). OASIS serves as a vital resource for the industry, enabling customers and suppliers alike to connect efficiently and explore potential partnerships.
About Capewell
Founded in 1881, Capewell is a leading designer, manufacturer and distributor of survivability and aerial delivery products and services for the defense community. With locations in the United States and Europe, Capewell supplies the Department of Defense, Allies, and Partners around the world with the most innovative, most effective custom-engineered solutions capable of withstanding today's dangerous operating environments. The company also offers training and doctrine development as part of its mission to save lives and increase success. Capewell maintains strong relationships with large government prime contractors and is a vital part of the global supply chain.
To learn more, visit www.capewell.com.
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PRINCETON, N.J., July 31, 2023 /PRNewswire/ -- WCG, the global leader in providing solutions that measurably improve the quality, efficiency, and safety of clinical research, today announces the appointment of Donna Snyder, MD, MBE, as Executive Physician. Dr. Snyder's extensive experience and leadership in clinical research, including over a decade with the U.S. Food and Drug Administration (FDA), will increase WCG's expertise and capabilities to accelerate and advance clinical trials.
As Executive Physician, Dr. Snyder will play a pivotal role in collaborating with clients and stakeholders across WCG's business units. With her training in pediatrics, bioethics, and product and drug development, she brings invaluable expertise gained during her tenure with the FDA and as a practicing physician.
"We are thrilled to welcome Dr. Snyder to WCG," said Sam Srivastava, chief executive officer, WCG. "Dr. Snyder's expertise in drug development and ethical considerations will further strengthen the partnership and solutions WCG offers our clients to support their goals to be more efficient and effective throughout their trials. Her focus on patient-centric care and how it relates to enhanced clinical outcomes will undoubtedly benefit our clients and the patients they serve."
Dr. Snyder has earned widespread recognition as an expert in applying scientific and ethical regulations related to the inclusion of children in clinical research and the development of pediatric products. She has co-authored numerous books and publications, solidifying her position as a respected thought leader in her field. She holds a Master's in Bioethics (MBE) from the University of Pennsylvania, in addition to her MD and Bachelor of Arts in Biology from the University of Virginia. Furthermore, she completed a fellowship in General Academic Pediatrics at Johns Hopkins University.
"I'm delighted to join the exceptionally talented, mission-driven team at WCG," remarked Dr. Snyder. "Additionally, the company's commitment to innovation in clinical research is inspiring. I look forward to playing a role in helping to accelerate clinical research for our clients, while upholding the ethical standards for which WCG is known."
About WCG
WCG is a global leader of solutions that measurably improve and accelerate clinical research. Biopharmaceutical and medical device companies, contract research organizations (CROs), research institutions, and sites partner with us for our unmatched expertise, data intelligence, and purpose-built technology to make informed decisions and optimize study outcomes, while maintaining the highest standards of human participant protection. WCG raises the bar by pioneering new concepts, reimagining processes, fostering compliance and safety, and empowering those who perform clinical trials to accelerate the delivery of medical therapies and devices that improve lives. For more information, please visit wcgclinical.com or follow us on Twitter @WCGClinical or LinkedIn.
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SEATTLE, July 31, 2023 /PRNewswire/ --
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF NEW YORK
On September 18, 2018, the SEC filed a Complaint against SeaWorld and Atchison. The SEC alleged that the defendants made untrue and/or misleading statements or omissions in SEC filings, earnings releases and calls, and other statements to the press regarding the impact of the documentary film Blackfish on the Company's reputation and business (i.e., "Blackfish effect"). According to the Complaint, released in July 2013, Blackfish criticized SeaWorld's treatment of its orcas (killer whales) and received significant media attention that escalated as the film became more widely distributed. The SEC alleged that, in connection with the offer and sale of SeaWorld stock, the defendants engaged in a course of business that by failing to disclose the Blackfish effect to investors they should have known would operate as a fraud or deceit upon the purchasers of the Securities.
According to the Complaint, from January through March 2014, Atchison sold shares of SeaWorld stock, resulting in the inflation of the Security and allowed Atchison to avoid losses of approximately $730,860. As alleged in the Complaint, on August 13, 2014, SeaWorld acknowledged for the first time that its declining attendance was, among other factors, partially caused by negative publicity connected to Blackfish. According to the Complaint, SeaWorld's stock price fell approximately 33% following this announcement, causing a loss of approximately $830 million in shareholder value.
On September 18, 2018, the SEC also filed a Complaint against Jacobs. The SEC alleged that, on January 13, 2014, Jacobs made an untrue statement of material fact and/or omitted material facts from his statement just before selling his SeaWorld stock and avoided losses of approximately $84,885.
On October 4, 2018, the Defendants, without admitting or denying the allegations, consented to the entry of final judgments against each of them that imposed a total of approximately $5.1 million in financial remedies. The Court ordered SeaWorld to pay a civil penalty of $4,000,000; Atchison to pay disgorgement of $730,860, prejudgment interest of $119,323 and civil penalty of $150,000; and Jacobs to pay disgorgement of $84,885 and prejudgment interest in the amount of $14,720. The Defendants paid in full, and the funds have been deposited in a Commission designated account at the United States Department of Treasury. On December 4, 2020, the Court entered an Order consolidating the two civil actions for the purposes of distributing the funds paid by the Defendants to harmed investors.
On December 15, 2020, the Court entered an Order establishing a Fair Fund for the $5,266,679.31 in funds collected from Defendants, appointing Miller Kaplan Arase LLP as Tax Administrator, appointing JND Legal Administration as the Distribution Agent, and authorizing payment of administrative fees and expenses and tax obligations without further order of the Court.
Company (Trading Symbol) [Relevant Period start and end dates (inclusive)]:
- SeaWorld Entertainment Inc. (SEAS) [12/20/13 through 8/12/14]
If you purchased the security set forth above during the Relevant Period and would like to be considered for eligibility for a distribution from the SeaWorld Fair Fund, you must submit a completed and signed Proof of Claim Form ("Claim Form"), including adequate supporting documentation of your transactions and a completed tax certification, to the Distribution Agent by the Claims Bar Date.
The Claim Form is available at www.SeaWorldFairFund.com. You may send your Claim Form to the Distribution Agent; Claim Forms must be postmarked no later than October 19, 2023, if sent by First Class Mail; and if not by First Class Mail, received by the Distribution Agent by October 19, 2023. Claim Forms should be directed to the following address:
SeaWorld Fair Fund
c/o JND Legal Administration
PO Box 91190
Seattle, WA 98111
Brokers, Dealers and other nominees that may have records of purchasers of the Eligible Security during the Relevant Period must notify the respective beneficial owners within fourteen (14) days of receipt of the Notice Packet so that beneficial owners may timely file a claim or provide to the Distribution Agent within fourteen (14) days of receipt a list of last known names and addresses for all beneficial owners for whom the record holders purchased the Eligible Security during the Relevant Period.
Additional information regarding the SeaWorld Fair Fund, including the Distribution Plan, the Distribution Plan Notice, the Claim Form, relevant deadlines, and related materials are available on the Distribution Website at www.SeaWorldFairFund.com. You may obtain additional information or request copies of the Claim Form by contacting the Distribution Agent toll-free at (855) 533-0228 or by emailing info@SeaWorldFairFund.com or writing to:
SeaWorld Fair Fund
c/o JND Legal Administration
PO Box 91190
Seattle, WA 98111
Please check the website www.SeaWorldFairFund.com frequently for updates.
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SOURCE JND Legal Administration | https://www.weau.com/prnewswire/2023/07/31/if-you-purchased-seaworld-securities-between-december-20-2013-august-12-2014-you-may-be-eligible-distribution-seaworld-fair-fund/ | 2023-07-31T14:13:56 | 1 | https://www.weau.com/prnewswire/2023/07/31/if-you-purchased-seaworld-securities-between-december-20-2013-august-12-2014-you-may-be-eligible-distribution-seaworld-fair-fund/ |
Walker Healthcare and Walker Healthcare IT rebrand as Walker Healthforce, revolutionizing the industry through expertise and innovation in healthcare nursing, IT and allied health solutions
BOSTON, July 31, 2023 /PRNewswire/ -- Walker Healthforce, the newly formed brand resulting from the integration of Walker Healthcare and Walker Healthcare IT, is excited to announce its debut as the leading provider of healthcare IT and clinical solutions. With end-to-end healthcare consulting services and a renewed vision, Walker Healthforce is set to redefine staffing and consulting solutions in the healthcare industry, offering unparalleled value to the workforce, healthcare payers, and clinical ecosystems.
Under the leadership of Founder and CEO Tifiany Walker, Walker Healthforce has dedicated nearly two decades to transforming healthcare through specialized services. The rebranding signifies the company's commitment to advancing the industry and providing comprehensive solutions that meet the evolving needs of its clients.
"We are delighted to introduce Walker Healthforce as the result of our years' of expertise in the healthcare domain," said Tifiany Walker. "Our unwavering focus on healthcare, combined with our investment in cutting-edge technology, top-tier talent, and robust infrastructure, positions us as the ultimate resource for hospital networks, healthcare organizations, nurses, IT professionals, and payer systems. We are proud to usher in a new era of innovation in healthcare solutions."
Walker Healthforce stands out by embracing the belief that specialists outperform generalists in the healthcare landscape. By merging the core competencies of IT, clinical expertise, and allied health services, the company offers a comprehensive suite of 360-degree solutions. The company's proprietary vetting-2-validation process yields the top 20%, ensuring that every client's needs are met, emphasizing a solutions-oriented mindset that sets Walker Healthforce apart.
The industry expertise of Walker Healthforce includes in-depth IT and clinical experience, catering to the requirements of Healthcare Payer and Provider organizations to address the challenges within healthcare today. A team of dedicated experts delivers customizable recruitment solutions with unrivaled timeliness and efficiency, providing immediate and lasting value-added results in areas such as Care Management, Case Management, Data Analytics, Utilization Review, and NCQA &/or HEDIS audits.
According to recent industry reports, healthcare staffing needs have become increasingly challenging, with demand consistently outpacing supply. The healthcare sector faces a shortage of skilled professionals across various disciplines, including physicians, nurses, and allied health workers. This trend is further compounded by the aging population, driving up the demand for healthcare services.
Additionally, the rapid advancement of technology in healthcare has created a demand for specialized IT professionals capable of effectively implementing and managing complex systems. These staffing challenges have significant implications for healthcare organizations, as they strive to maintain high-quality patient care and meet regulatory requirements. Walker Healthforce is leading the way in addressing the evolving staffing needs of the healthcare industry by providing tailored solutions and accessing top-tier talent.
The success of Walker Healthforce is rooted in its proven methodologies. The company's 10-Step vetting-2-validation process guarantees the selection of the most qualified candidates, resulting in an unmatched industry completion rate of 95%. Furthermore, Walker Healthforce proudly boasts a remarkable 94% Dun & Bradstreet score for customer satisfaction, support, and reliability, underscoring the trust clients place in the company's services. By attracting and nurturing exceptional talent, Walker Healthforce ensures the delivery of outstanding results to its valued clients.
With the rebranding to Walker Healthforce, the company paves the way for a future defined by innovative solutions, unrivaled expertise, and an unwavering commitment to the healthcare industry. To learn more about Walker Healthforce and its comprehensive offerings, please visit www.walkerhealthforce.com.
About Walker Healthforce
Walker Healthforce is a premier healthcare clinical solutions provider (formerly Walker Healthcare and Walker Healthcare IT). With a dedicated focus on healthcare, Walker Healthforce offers end-to-end healthcare solutions that combine IT, clinical expertise, and allied health services to address the unique challenges of the industry. By attracting top talent and leveraging cutting-edge technology, Walker Healthforce delivers extraordinary value to healthcare payers, providers and other audiences. For more information, visit www.walkerhealthforce.com.
For Media:
Andrew Jennings, JConnelly
ajennings@jconnelly.com
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The Official Committee of Talc Claimants Applauds Decision to Dismiss LTL Management Second Bankruptcy Attempt
NEW YORK, July 31, 2023 /PRNewswire/ -- The Official Committee of Talc Claimants (the "Committee"), which has been tirelessly pursuing justice for its constituency of talc victims injury by Johnson & Johnson's ("J&J's") talc products, is pleased with the court's decision to dismiss the second bankruptcy attempt. We believe the decision of the Honorable Chief Judge Kaplan was thoughtful, well-reasoned, and well-supported by the facts and law. This outcome now frees tens of thousands of victims to seek their justice through the tort system and, either before juries of their peers or by settlement on terms acceptable to them. The Committee has consistently contended the tort system is the rightful place for these claims to be resolved. Today's ruling validates the Committee's belief that J&J manipulated the bankruptcy system by using the "Texas Two-Step" legal maneuver and wrongfully sought to manufacture financial distress in its "Legacy Talc Liabilities" (LTL) Management subsidiary, solely to carry out a bad faith bankruptcy case. The company will now face the full weight of its conduct in the appropriate judicial forums.
"This ruling sends a clear message: multibillion-dollar, wholly solvent companies like J&J should not be allowed to use and in fact abuse bankruptcy laws to avoid accountability," said Brown Rudnick's David Molton, one of the co-counsels representing the Committee. "We are reassured by the Bankruptcy Court's reaffirmation that it will not allow solvent corporations to abuse the system and impose coercive, low-value and cram-down solutions on nonconsenting claimants. Justice should and now will triumph over corporate greed and legal chicanery."
"The claimants have waited long enough. Untold numbers of cancer victims have died while Johnson & Johnson attempted to manipulate the bankruptcy system to limit its liabilities," added Molton. "Now victims and their families can seek justice through the tort system – by presenting their case before a jury of their peers in courts of their own choosing."
The TCC filed its motion to dismiss on April 24, 2023, alongside several other movants, including the Office of the United States Trustee, numerous State Attorneys General, and other plaintiff groups, who shared a vision for this outcome. Chief Judge Kaplan's Opinion can be viewed on the case docket, available at: https://document.epiq11.com/document/getdocumentbycode?docId=4202926&projectCode=LCN&source=DM
About The Official Committee of Talc Claimants
The Official Committee of Talc Claimants (TCC), appointed by the Office of the United States Trustee (UST), an arm of the US Department of Justice, represents and acts as a fiduciary for all mesothelioma and ovarian cancer victims, as well as all subrogation claimants who have claims based on or derivative to the victims' talcum powder claims. For more information about the TCC, please view our website at https://www.ltltalccommittee.org/
The TCC is advised by counsel, an investment banker, a financial advisor, and claims estimation experts well-versed in mass tort, asbestos, talc, bankruptcy, and victim advocacy. These entities include Genova Burns L.L.C., Brown Rudnick L.L.P., Otterbourg PC, Massey & Gail L.L.P., Miller Thomson L.L.P., MoloLamken L.L.P., Compass Lexecon, FTI Consulting, and Houlihan Lokey.
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PRINCETON, N.J., July 31, 2023 /PRNewswire/ -- WCG, the global leader in providing solutions that measurably improve the quality, efficiency, and safety of clinical research, today announces the appointment of Donna Snyder, MD, MBE, as Executive Physician. Dr. Snyder's extensive experience and leadership in clinical research, including over a decade with the U.S. Food and Drug Administration (FDA), will increase WCG's expertise and capabilities to accelerate and advance clinical trials.
As Executive Physician, Dr. Snyder will play a pivotal role in collaborating with clients and stakeholders across WCG's business units. With her training in pediatrics, bioethics, and product and drug development, she brings invaluable expertise gained during her tenure with the FDA and as a practicing physician.
"We are thrilled to welcome Dr. Snyder to WCG," said Sam Srivastava, chief executive officer, WCG. "Dr. Snyder's expertise in drug development and ethical considerations will further strengthen the partnership and solutions WCG offers our clients to support their goals to be more efficient and effective throughout their trials. Her focus on patient-centric care and how it relates to enhanced clinical outcomes will undoubtedly benefit our clients and the patients they serve."
Dr. Snyder has earned widespread recognition as an expert in applying scientific and ethical regulations related to the inclusion of children in clinical research and the development of pediatric products. She has co-authored numerous books and publications, solidifying her position as a respected thought leader in her field. She holds a Master's in Bioethics (MBE) from the University of Pennsylvania, in addition to her MD and Bachelor of Arts in Biology from the University of Virginia. Furthermore, she completed a fellowship in General Academic Pediatrics at Johns Hopkins University.
"I'm delighted to join the exceptionally talented, mission-driven team at WCG," remarked Dr. Snyder. "Additionally, the company's commitment to innovation in clinical research is inspiring. I look forward to playing a role in helping to accelerate clinical research for our clients, while upholding the ethical standards for which WCG is known."
About WCG
WCG is a global leader of solutions that measurably improve and accelerate clinical research. Biopharmaceutical and medical device companies, contract research organizations (CROs), research institutions, and sites partner with us for our unmatched expertise, data intelligence, and purpose-built technology to make informed decisions and optimize study outcomes, while maintaining the highest standards of human participant protection. WCG raises the bar by pioneering new concepts, reimagining processes, fostering compliance and safety, and empowering those who perform clinical trials to accelerate the delivery of medical therapies and devices that improve lives. For more information, please visit wcgclinical.com or follow us on Twitter @WCGClinical or LinkedIn.
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20 elite teams battled to be crowned Riyadh Masters 2023 champion, and Team Spirit claimed a share of the $15,000,000 prize pool
RIYADH, Saudi Arabia, July 31, 2023 /PRNewswire/ -- The Dota 2 Riyadh Masters 2023 competition wrapped up yesterday after 12 days of thrilling matches featuring 20 elite teams vying for victory and taking home a share of the $15,000,000 prize pool. As one of the premier tournaments in the Dota 2 calendar, Riyadh Masters 2023 ran the globe's greatest teams through a round-robin group stage and then double-elimination playoffs in the popular multiplayer online battle arena (MOBA).
Among the teams competing for the top prize was Dota 2 powerhouse Team OG, the first team in Dota 2 history to win four Dota Major Championships. Team Tundra Esports, reigning champions of Dota's iconic "The International" tournament, also headed into the 2023 Masters amongst the favorites. Of course, there could only be one winner, and this achievement went to Team Spirit, who triumphed in the final, beating Team Liquid in an encounter for the ages.
The $15,000,000 prize pool is the largest available of any Dota 2 competition this season, and the action did not disappoint, with the stakes being so high. Over 120,000 fans tuned in to the official broadcast on Twitch to witness the epic showdown. Team Spirit reached the Grand Final for the second year in a row, knocking out the season's most dominant performer, Team Gaimin Gladiators, along the way and beating Team Liquid 2-1 in the upper-bracket final as the team looked to banish last years demons and finish in first place rather than second. Team Liquid earned a shot at their redemption by crushing Team Talon 2-0 in the lower bracket final. But the result of this eagerly anticipated rematch in the five-game Grand Final went to Team Spirit, an unassailable 3-1. As champions, Team Spirit left Gamers8 and Boulevard Riyadh City $5,000,000 richer, the runners-up collecting $2,500,000 from the overall prize pool.
Faisal bin Homran, Chief Esports Officer at the Saudi Esports Federation, said: "The Dota 2 Riyadh Masters tournament at Gamers8: The Land of Heroes has captured the imagination of the thousands in attendance at Boulevard Riyadh City's Esports Arena and the tens of millions watching avidly across the globe. Since July 19th, the global gaming and esports scene has been captivated by the exploits of the best Dota 2 teams and players in the world. Competing for a $15 million prize pool – the biggest third-party prize pool for a tournament ever – the action has been even more dramatic than anticipated and epitomizes the level of standard for which Gamers8 has become renowned. We congratulate Team Spirit on their success and thank all the teams, players, fans, sponsors, and partners at the Dota 2 Riyadh Masters for being part of a special moment in Saudi Arabian gaming history."
Although the Riyadh Masters may have finished, there's plenty more action on offer as part of Gamers8: The Land of Heroes in its 2023 edition. Esports athletes from around the world are competing in a 12-tournament lineup with a prize pool of $45 million to the soundtrack of musical superstars like Imagine Dragons, Alan Walker, and Metro Boomin', who are putting on a show for the crowds at Gamers8. The festival, the world's largest for gaming and esports, has been full of action since it kicked off in July, with seismic impacts such as Pakistan winning the Nations Cup in Tekken against a well-favored Korean team. Among the other titles taking center stage at Gamers8's home in Boulevard Riyadh City are Rocket League, PUBG Mobile, FIFA, and Counterstrike.
Fans can enjoy further exciting events as the festival continues through August 27th, following which the Gamers8 festival will conclude with a gaming and esports forum. Known as the 'Next World Forum,' it brings together sector leaders and experts from around the world to Saudi Arabia. Gamers8 is playing a key role in developing the grassroots esports scene in Saudi Arabia and providing opportunities for esports athletes around the world. Over 67% of Saudi citizens are gamers, and multiple world champions have come from the Kingdom already to win on the world's largest stages.
Media Kit: http://bit.ly/3QXvndE
Contact: jack@biggamesmachine.com
About Gamers8 – The Land Of Heroes:
Gamers8 is the world's largest gaming and esports festival and the destination for elite esports champions and gaming universe lovers. It's the ultimate place to compete for glory and become a hero walking among the worlds of your chosen story. Located in Riyadh at the heart of Saudi Arabia, Gamers8 spans a period of eight weeks from July to September 2023, with new challenges and experiences unlocked every week. You can watch the world's top esports teams compete for the highest prize pools, attend performances by global music artists, experience your favorite gaming platforms come to life, and learn the mysteries behind the creation of video games. Gamers8 is your world, and it's your adventure to choose.
Gamers8: The Land of Heroes follows the success of last year's Gamers8 at Boulevard Riyadh City. Gamers8 2022 saw the world's best teams and players battle it out across five top titles – Rocket League, Dota 2 Riyadh Masters, Fortnite, Tom Clancy's Rainbow Six Siege, and PUBG Mobile – for a prize pool of $15 million. The 2022 festival was visited by more than 1.4 million visitors and watched by more than 132 million people around the globe. A total of 391 professional players – representing more than 61 nationalities – and 113 international teams took part in world-class esports competitions. Gamers8: The Land of Heroes has a total prize pool of over $45 million – triple last year's grand prize total – and will host the elite of esports in a state-of-the-art, purpose-built venue at Boulevard Riyadh City. The festival will conclude with a gaming and esports forum, known as the 'Next World Forum', that brings together sector leaders and experts from around the world.
About SEF:
The Saudi Esports Federation is the regulating body in charge of nurturing elite gaming athletes and developing the gaming community and industry in Saudi Arabia.
The Federation's activities are categorized into two complementary streams. The first stream works to develop all levels of competitive gamers, starting with the grassroots community level and moving up to professional esports athletes that can achieve global excellence. The second stream works to develop the entire gaming/esports value chain by catalyzing the industry and enabling talent.
Since its establishment in late 2017, the federation has organized multiple world-class national and international tournaments and events, attracted investment from local private sector actors, and worked with international developers on opportunities in the Saudi market.
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SOURCE Saudi Esports Federation | https://www.dakotanewsnow.com/prnewswire/2023/07/31/champions-crowned-riyadh-masters-2023-wraps-up-dota-2-action-gamers8/ | 2023-07-31T14:14:00 | 0 | https://www.dakotanewsnow.com/prnewswire/2023/07/31/champions-crowned-riyadh-masters-2023-wraps-up-dota-2-action-gamers8/ |
Roar's passion for creating virtual, immersive social experiences brings talent and technology to Yuga that greatly complements Yuga's expansive vision for Otherside.
Roar Studios' Founder and CEO, Eric Reid, to join Yuga as the General Manager of Otherside.
MIAMI, July 31, 2023 /PRNewswire/ -- Yuga Labs, web3 leader and home of Bored Ape Yacht Club (BAYC), CryptoPunks, Meebits, 10KTF, and Otherside today announced it has agreed to acquire Roar Studios, a company at the convergence of gaming, social media, and the metaverse with deep technology and AI roots.
Roar Studios is the developer of ROAR, an immersive media experience where artists and fans connect, collaborate, and compete in real time from anywhere.
Developed by Roar's leading team of audio, game, and AI engineers, ROAR combines innovative proprietary technology with established MMO game and platform systems to produce an entirely new product category: an experiential, semi-autonomous music and entertainment world driven by individual content creators and community consensus.
As Yuga Labs develops Otherside – its ambitious, interoperable metaverse – the Roar team will contribute their innovative technology, specialized expertise, and leadership.
"Roar Studios has redefined what it means to experience media content in the metaverse," said Daniel Alegre, CEO of Yuga Labs. "Yuga's North Star is creating new ways for communities to connect and express themselves, and I am excited to welcome Roar's talented team to our Yuga family. Roar's dedication to creative content creation and social connections will accelerate our execution of our bold vision for Otherside and Yuga's ecosystem more broadly."
Roar Studios' Founder and CEO, Eric Reid, added, "Our team's mission is to empower players to create and be social in a community-driven, open media experience, so our work fundamentally aligns with Yuga's larger web3 metaverse strategy. When Daniel and Mike Seavers opened the door for us to contribute to Yuga's paradigm-shifting approach to content and immersive experiences, we jumped at the opportunity."
Following the acquisition, Reid will join Yuga as the General Manager of Otherside. He will be charged with evolving the vision and leading the development and production of the platform, together with the highly experienced Yuga executive team. Prior to Roar, Reid spent more than two decades building teams and creating and distributing film, television, and music content for audiences worldwide (including film franchises such as UNDERWORLD).
About Yuga Labs
Yuga Labs is a web3 company shaping the future through storytelling, experiences, and community. Guided by the belief that the potential of web3 can be realized when we start with imagination, not limitations, Yuga's initiatives aim to reinvent what real-world utility for NFTs look like and push the space forward as a whole. Since their launch in April 2021 with flagship collection Bored Ape Yacht Club, they've made headlines as one of the first companies to release IP licenses to their NFT holders, acquired and released rights to other top collections (CryptoPunks and Meebits), and made web3 history with record-breaking synchronized player participation in their newest initiative, Otherside. One of the most ambitious interactive metaverse projects to date, Otherside is built with the community, rebelling against traditional walled gardens in gaming spaces. In March 2022, Yuga Labs raised a $450M seed round at a $4B valuation.
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SOURCE Yuga Labs | https://www.kait8.com/prnewswire/2023/07/31/yuga-labs-agrees-acquire-technology-innovator-roar-studios/ | 2023-07-31T14:14:02 | 0 | https://www.kait8.com/prnewswire/2023/07/31/yuga-labs-agrees-acquire-technology-innovator-roar-studios/ |
SYRACUSE, N.Y., July 31, 2023 /PRNewswire/ -- Mohawk Global, a leading supply chain services provider, is excited to announce their collaboration with worldwide leaders in the freight forwarding industry to start a new sister company, MGL Europe. The first MGL Europe office opened in Stuttgart, Germany in April 2023. This month, the European team expanded by welcoming Master International Logistics to the joint venture—with their rebrand to MGL Europe Italy.
Gar Grannell, Mohawk Global CEO says, "This partnership is the result of trusting relationships built over the last 30 years with people of like values and growth strategy. We are excited about the business we will develop together, while focusing on enriching the lives of our people."
MGL Europe has officially begun operations and has become Mohawk Global's exclusive partner for client's cargo in and out of Europe. MGL Europe currently has three German offices located in Stuttgart, Bremen, and Munich, in addition to three Italian offices located in Milan, Genova, and Vincenza.
"Having our own offices in Germany and now Italy, gives us a presence at key port locations for both North Europe and Mediterranean trade," says Chris Lindstrand, Mohawk Global Director of International Transportation. "Through these key gateways, we're strategically positioned to enhance our offerings not just in these countries or throughout continental Europe, but in all regions that utilize these important trade centers."
Mohawk Global is excited to elevate its client's experience through the expansive network this growing partnership provides. "Our strategic partnerships in Asia align well with our move into Germany and Italy, allowing Mohawk Global to seamlessly bridge North America, Asia, and Europe with diverse transportation solutions in a rapidly expanding global supply chain," says Anthony Pagnotto, Mohawk Global Vice President of Global Sales and Marketing.
Mohawk Global is a team of experts in supply chain solutions and trade compliance. Since its foundation in 1993, Mohawk Global has grown beyond its headquarters in Syracuse, New York to nine offices in six states, with a worldwide reach. We strive to create an environment of growth, and as a family-owned and operated business, everything we do is guided by our core values – Enrich. Care. Deliver. Please contact us for further information.
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SOURCE Mohawk Global | https://www.weau.com/prnewswire/2023/07/31/introducing-mgl-europe-mohawk-global-european-venture/ | 2023-07-31T14:14:03 | 1 | https://www.weau.com/prnewswire/2023/07/31/introducing-mgl-europe-mohawk-global-european-venture/ |
NEW YORK , July 31, 2023 /PRNewswire/ -- Right now, in the United States, there are about 34.8 million kids aged 0 to 17 who are going through really painful times called adverse childhood experiences (ACEs). The scariest part is that a CDC ACE Study found that going through six or more ACEs can take away almost 20 years from a person's life. But their stories can have a different ending. There is hope for positive change and healing.
Fred Scarf, the founder and CEO of BioFormula Select, turned his childhood scar into a successful company selling dark spot removal products called Stop Guessing. This journey brought him remarkable results, profitable success, and personal closure.
"When I was born, I had a dark spot on my face mistaken for dirt, which turned out to be a blessing in disguise. It helped me handle life's challenges, discover my strengths, and make meaningful contributions to my community. If I was going to carry childhood scars into adulthood, I wanted to finally heal the wound," says Scarf. Scarf graduated as the salutatorian in high school, earned a scholarship to UC Berkeley, and worked as a model in California.
BioFormula Select's Stop Guessing Dark Spot Removal products achieved impressive customer results and brought significant profits in Q2. The company's revenue surged by 320% compared to the earnings in Q2 of the previous year.
"My dark spot dilemma is solved, and my childhood wound is healed," says Scarf.
The CDC estimates that 21 million depression cases and 1.9 million heart disease cases potentially could have been avoided by preventing ACEs. ACEs cause $748 billion economic burden annually in the US, Canada, & Bermuda.
"I can't change my past and tell my younger self that the dark spot won't always be so dark, but I can tell the 34 million kids facing trauma and the 114 million Americans dealing with skin issues that their stories can still have a beautiful ending. A tiny spark of light can illuminate the way forward out of our darkest moments. Right now, darkness can turn into light, and dark spots can be removed," says Scarf.
With heat making dark spots worse and cold weather creating hyperpigmentation, Stop Guessing Skincare is ready to solve dark spot dilemmas in the upcoming fall and winter.
CONTACT: Fred@skedtap.com
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SOURCE BioFormula Select | https://www.dakotanewsnow.com/prnewswire/2023/07/31/childhood-scar-skincare-stardom-entrepreneur-transforms-pain-into-profitable-success-with-bioformula-selects-brand-stop-guessing-skincare/ | 2023-07-31T14:14:07 | 0 | https://www.dakotanewsnow.com/prnewswire/2023/07/31/childhood-scar-skincare-stardom-entrepreneur-transforms-pain-into-profitable-success-with-bioformula-selects-brand-stop-guessing-skincare/ |
Roar's passion for creating virtual, immersive social experiences brings talent and technology to Yuga that greatly complements Yuga's expansive vision for Otherside.
Roar Studios' Founder and CEO, Eric Reid, to join Yuga as the General Manager of Otherside.
MIAMI, July 31, 2023 /PRNewswire/ -- Yuga Labs, web3 leader and home of Bored Ape Yacht Club (BAYC), CryptoPunks, Meebits, 10KTF, and Otherside today announced it has agreed to acquire Roar Studios, a company at the convergence of gaming, social media, and the metaverse with deep technology and AI roots.
Roar Studios is the developer of ROAR, an immersive media experience where artists and fans connect, collaborate, and compete in real time from anywhere.
Developed by Roar's leading team of audio, game, and AI engineers, ROAR combines innovative proprietary technology with established MMO game and platform systems to produce an entirely new product category: an experiential, semi-autonomous music and entertainment world driven by individual content creators and community consensus.
As Yuga Labs develops Otherside – its ambitious, interoperable metaverse – the Roar team will contribute their innovative technology, specialized expertise, and leadership.
"Roar Studios has redefined what it means to experience media content in the metaverse," said Daniel Alegre, CEO of Yuga Labs. "Yuga's North Star is creating new ways for communities to connect and express themselves, and I am excited to welcome Roar's talented team to our Yuga family. Roar's dedication to creative content creation and social connections will accelerate our execution of our bold vision for Otherside and Yuga's ecosystem more broadly."
Roar Studios' Founder and CEO, Eric Reid, added, "Our team's mission is to empower players to create and be social in a community-driven, open media experience, so our work fundamentally aligns with Yuga's larger web3 metaverse strategy. When Daniel and Mike Seavers opened the door for us to contribute to Yuga's paradigm-shifting approach to content and immersive experiences, we jumped at the opportunity."
Following the acquisition, Reid will join Yuga as the General Manager of Otherside. He will be charged with evolving the vision and leading the development and production of the platform, together with the highly experienced Yuga executive team. Prior to Roar, Reid spent more than two decades building teams and creating and distributing film, television, and music content for audiences worldwide (including film franchises such as UNDERWORLD).
About Yuga Labs
Yuga Labs is a web3 company shaping the future through storytelling, experiences, and community. Guided by the belief that the potential of web3 can be realized when we start with imagination, not limitations, Yuga's initiatives aim to reinvent what real-world utility for NFTs look like and push the space forward as a whole. Since their launch in April 2021 with flagship collection Bored Ape Yacht Club, they've made headlines as one of the first companies to release IP licenses to their NFT holders, acquired and released rights to other top collections (CryptoPunks and Meebits), and made web3 history with record-breaking synchronized player participation in their newest initiative, Otherside. One of the most ambitious interactive metaverse projects to date, Otherside is built with the community, rebelling against traditional walled gardens in gaming spaces. In March 2022, Yuga Labs raised a $450M seed round at a $4B valuation.
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SOURCE Yuga Labs | https://www.wafb.com/prnewswire/2023/07/31/yuga-labs-agrees-acquire-technology-innovator-roar-studios/ | 2023-07-31T14:14:07 | 1 | https://www.wafb.com/prnewswire/2023/07/31/yuga-labs-agrees-acquire-technology-innovator-roar-studios/ |
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.kmvt.com/prnewswire/2023/07/31/asigs-technological-center-excellence-advances-ai-applications-with-unparalleled-innovation/ | 2023-07-31T14:14:06 | 1 | https://www.kmvt.com/prnewswire/2023/07/31/asigs-technological-center-excellence-advances-ai-applications-with-unparalleled-innovation/ |
The giveaway of an original digital badge designed by Yusuke Kozaki, a Japan leading character designer, has just begun.
SINGAPORE, July 31, 2023 /PRNewswire/ -- AnotherBall (CEO: Captain), providing virtual entertainment experiences for a new era, today launched their new project "SAI by IZUMO" in collaboration with some of the top artists in the Japanese anime and game industries. This project has begun with the first giveaway of non-transferable digital badges, illustrated by Yusuke Kozaki.
IZUMO, launched in February 2023, is a VTuber project in the age of AI and Web3 with the mission to build a sustainable place where everyone can live as they want to be. IZUMO offers the avatar assets of its symbolic character, "Ailis," to the public free of charge for both commercial and non-commercial use. With this, IZUMO continues to support all creators to maximize their potential creativities with emerging technologies.
The project "SAI by IZUMO," is a challenge to expand the possibilities of expression through emerging technologies with leading Japanese artists in the entertainment industry. The artists illustrated "Ailis" using their own unique style and expression, and IZUMO offers it as an original digital badge.
This collaboration project features six incredible artists: Yusuke Kozaki, a prolific illustrator, manga creator, and character designer who has worked on the character design for the AR game Pokémon GO; Aoi Yuki, a Japanese voice actress who won the Best Voice Actress Award at the 6th Seiyu Awards in 2012; KEI, a character designer known for a virtual character Hatsune Miku series; Ryu Nakayama, an animation director of Chainsaw Man; Shingo Adachi, an animator, character designer, and director known for numerous notable works such as the Japanese original anime TV series Lycoris Recoil and the Sword Art Online series; Naoki Saito, an illustrator, and YouTuber, known for his work in Pokémon Card Game and Duel Masters.
The exclusive illustrations drawn by each artist will be issued as digital badges using "Soul Bound Token (SBT)" technology, which makes it a non-transferable digital asset. The badges will be permanently owned and serve as proof of support for each artist.
Overview of "SAI by IZUMO"
Official website: https://sai.izumo.com
Twitter: https://twitter.com/IZUMOofficial
Discord: https://discord.gg/izumo
◼️ Introduction of the great artists:
Yusuke Kozaki
Character designer, illustrator, and manga artist. Yusuke Kozaki has designed and illustrated characters for a number of popular gaming titles, including Fire Emblem, Pokémon GO, and Pokémon: Sword & Shield.
Aoi Yuki
Voice actress. Aoi Yuki voiced the roles of Madoka Kaname in Puella Magi Madoka Magica, Iris in Pokémon: Best Wishes!, Hibiki Tachibana in Senki Zesshō Symphogear, and Maomao in Yakuya no Hitorigoto. She is also in charge of the YUKI×AOI Chimera Project, from planning to drafting and character design.
KEI
Illustrator. KEI has designed many characters for the Vocaloid series such as Hatsune Miku, Kagamine Rin/Len, and Megurine Luka. He also created the character design for the VTuber Mirai Akari.
Ryu Nakayama
Animator and animation director. Ryu Nakayama is best known for directing Chainsaw Man. He has worked as a director and storyboarding for Jujutsu Kaisen and original drawings for the movie Jujutsu Kaisen 0. He was also a key animator for Yattarman Night and a main animator for Macross Delta.
Shingo Adachi
Animator, character designer, and animation director. The anime Lycoris Recoil is an original work by Shingo Adachi, who composed and directed the series. He has also worked on Working!!, Sword Art Online (as a character designer and animation supervisor), POMPO: THE CINEPHILE (as a character designer) and so on
Naoki Saito
YouTuber and illustrator. Naoki Saito is in charge of illustrations for Pokémon and Pokémon Trading Card Game. He shares the illustration techniques cultivated as a professional illustrator on YouTube. He also has a deep understanding of NFTs and is involved in the creation and sale of original NFTs.
◼️The distribution order of digital badges:
Part 1 Yusuke Kozaki July 28 (Fri) ~ August 3 (Thu)
Part 2 Aoi Yuki early August
Part 3 KEI Mid-August
Part 4 Ryu Nakayama mid-August
Part 5 Shingo Adachi late August
Part 6 Naoki Saito early September
About AnotherBall
AnotherBall is a venture company founded in May 2022, led by Captain, CEO, and Ramen, CTO. The management members are serial entrepreneurs who in the past launched "mamari," the information-hub website for families, and the multinational VTuber agency called "PRISM Project." The company's current focus is on IZUMO, a VTuber project in the age of AI and Web3, with a mission "Live as you want to be." AnotherBall raised 2.2M USD in its angel round from renowned investors in May 2023.
Furthermore, Anotherball is currently hiring. If you're interested in the new era of the virtual entertainment business, please visit the careers page listed below.
Twitter: https://twitter.com/IZUMOofficial
Official website: https://sai.izumo.com
Discord: https://discord.gg/izumo
Careers: https://bit.ly/IZUMO-Recruitment
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SOURCE AnotherBall Pte. Ltd. | https://www.weau.com/prnewswire/2023/07/31/izumo-launches-sai-by-izumo-collaboration-project-with-top-artists-japanese-anime-gaming-industry/ | 2023-07-31T14:14:10 | 1 | https://www.weau.com/prnewswire/2023/07/31/izumo-launches-sai-by-izumo-collaboration-project-with-top-artists-japanese-anime-gaming-industry/ |
Firm Unveils New Office and Managing Director in Austin, Texas
NEW YORK, July 31, 2023 /PRNewswire/ -- Jensen Partners ("the Firm"), a leading global distribution-focused executive search and corporate advisory firm, today announced an important expansion with the opening of a new office in Austin, Texas and the appointment of Stacy Schiffman to Managing Director of Distribution. Schiffman, who recently assumed her new role and now leads Jensen Partners' Austin office, is responsible for overseeing all aspects of search execution, including candidate generation and engagement, as well as client management and interview preparation, with a particular focus on investment and capital raising roles. Schiffman is also playing an integral role in driving the Firm's business development outreach, research and market intelligence to help guide hiring decisions and foster greater client outcomes.
Austin is a burgeoning financial center home to major private markets participants in the Southwestern US. As Jensen Partners' Austin office head, Schiffman is responsible for solidifying the Firm's relationships with clients and candidates in the area, and her appointment marks the latest development in Jensen Partners' global growth journey. In January 2023, the Firm announced the opening of a new office location in Miami, Florida to serve its growing list of clients who expanded their footprint in the region; and in October 2022, Jensen Partners announced a strategic investment from JB Capital to accelerate data integration and scale key product offerings that address a wider range of talent challenges including diversity, equity and inclusion (DEI), recruiting, hiring and retention.
"Stacy's role in Austin is the latest step towards enhancing our Firm's commitment to maintaining a strategic presence in major financial centers in both the U.S. and across the globe," said Sasha Jensen, Founder and CEO of Jensen Partners and Jensen DiversityMetrics™. "Her decades of insight will help us continue to build deeper relationships with the best talent in the industry and further solidify our capacity to drive superior long-term human capital solutions for our clients globally. We are thrilled to welcome her to the team."
Schiffman joins Jensen Partners from PIMCO, where she led marketing recruiting. Prior to PIMCO, she launched Highline Staffing, a firm that specialized in the recruitment and placement of capital raising and investment professionals for leading asset management firms globally. From 2005 to 2009, Schiffman was an institutional relationship manager for marketing and client management at Prisma Capital Partners, where she focused on business development and raising assets across strategies in the alternative investment industry. She was also involved with recruiting on the buyside, helping to expand global footprints. Schiffman began her career on the buyside with Sanford C. Bernstein, managing the firm's esteemed research department.
"I'm excited to join such a dedicated and passionate group at Jensen Partners, whose unique vision and platform has solidified its place as the industry's leading data-driven talent solutions resource," said Schiffman. "Jensen Partners' mission-driven and highly impactful integrated recruitment strategy has quickly become the gold standard in the alternative asset management space, and I look forward to contributing to the important work that Sasha and her team are doing."
About Jensen Partners
Jensen Partners is a global advisory, corporate development and executive search firm that leverages its extensive relationships in the investor and alternative asset management community to source and recruit leading capital raising and investment candidates. The Firm takes a data-driven approach, combining quantitative and qualitative insights to source and place the ideal human capital. In addition to executive search, Jensen Partners offers LP/GP referencing, proprietary 360° Investor Referencing™ methodology, and compensation benchmarking and analysis. Known globally as a leader in the asset management space for its transformative talent and DEI solutions, Jensen Partners has been named one of the world's most innovative companies with fewer than 100 employees by Fast Company; the "Best Recruiter" in Europe by Hedgeweek and Private Equity Wire; and the top DEI provider within Operations and Service by Fund Intelligence. To learn more, please visit www.jensen-partners.com.
About Jensen DiversityMetrics™
Jensen DiversityMetrics™ combines rich diversity analytics with the latest research from the field of human capital management, providing an objective, 360 degree view of where a firm stands on DEI and how they can make meaningful progress towards a more diverse, equitable and inclusive workforce, including: verified demographic data for more than 25,000 investment and distribution professionals from across the industry, a candidate pipeline of over 8,000 investment and distribution professionals who self-identify as having a diverse background and a proprietary scoring algorithm that enables objective DEI comparisons across firms and industries. With Jensen DiversityMetrics™, firms can benchmark against competitors, develop diverse candidate pipelines, analyze hiring and retention practices, identify biases in workplace culture and report progress to investors.
Jensen Partners publishes JensenDiversityMetrics™ data and insights in its quarterly newsletter. To sign up for Jensen Partners' newsletters, please visit: https://lp.constantcontactpages.com/su/tbmquk0.
Media Contacts
Prosek Partners
Max Berger
mberger@prosek.com
215-595-3696
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SOURCE Jensen Partners | https://www.weau.com/prnewswire/2023/07/31/jensen-partners-establishes-presence-southwestern-us-with-new-office-location-senior-appointment/ | 2023-07-31T14:14:11 | 0 | https://www.weau.com/prnewswire/2023/07/31/jensen-partners-establishes-presence-southwestern-us-with-new-office-location-senior-appointment/ |
BEIJING, July 31, 2023 /PRNewswire/ -- Chindata Group, ("Chindata" or the "Company") (Nasdaq: CD), an industry leader in carrier-neutral hyperscale data center solutions, recently released its 2022 Environmental, Social, Governance (ESG) report, showing the Company's impressive achievements in ESG management and green transformation. Most notably, Chindata's annual operating power usage effectiveness (PUE), a standard efficiency metric for power consumption in data centers, reached 1.21, significantly better than the industry average. The Company also announced the enterprise's supply chain carbon emissions for the first time.
Chindata is fully committed to the goal of zero carbon, integrating green concepts into the entire lifecycle of data center site selection, planning, design, construction, and operations, and continues to achieve carbon reduction goals. Highlights from the 2022 ESG report include:
Environmental: Chindata adheres to a zero-carbon principle and fully implements the concept of green environmental protection, while striving to achieve green development through technological innovation. According to the report, the Company's annual operating PUE showed a 1.21 energy efficiency level which is a significantly better number than the industry average. Additionally, by the end of 2022, Chindata had obtained and applied for 423 patents, representing a year-on-year increase of more than 50 percent, and its proprietary waterless cooling technology which can reach a water use efficiency (WUE) of zero had been put into use. From a green electricity standpoint, 220 million kilowatt-hours of green electricity were purchased in 2022, and accumulated green electricity obtained through transactions has reached almost 770 million kilowatt-hours.
Social: Chindata is committed to creating an era of value sharing that is inclusive, reciprocal, and beneficial, adheres to a diverse, open, and inclusive corporate culture, provides equal opportunities for employees, and builds a fair talent training system and believes that corporate development dividends can benefit employees, customers, value chain partners, and local communities. Women filled one-third of the Company's senior management roles in 2022, and close to 40 percent of employees saw promotion in the same year. Additionally, Chindata actively promotes sunlight capture and conversion and promotes the improved sustainable performance of its supply chain. In 2022, the company's overseas subsidiary Bridge Data Centres (BDC) received the esteemed 'Malaysia Digital Status' award, acknowledging significant contributions to Malaysia's digital economy.
Governance: Over the past year, Chindata has taken solid steps toward sustainable development by optimizing its governance structure, promoting technological innovation, and expanding the use of clean energy. Its ESG value model places stability and transparency, creative excellence, a mutually beneficial future, and green development as cornerstone elements. Moving forward, the Company will continue to build a new regional ecosystem and will also evolve the green gene in its DNA, drive low-carbon computing through technological innovation, and lead and promote the technological development of green data centers throughout the industry.
Huapeng Wu, Chief Executive Officer of Chindata Group, said, "The thriving global digital economy is witnessing an unprecedented surge, driven by rapid advancements in cutting-edge technologies such as 5G, cloud computing, and artificial intelligence (AI). This growing focus on environmental sustainability has led to stringent green norms in data center construction. Consequently, the Internet Data Center (IDC) industry finds itself at the forefront of a transformative industrial shift, where the principles of eco-friendliness, low carbon footprint, resource efficiency, and operational intensity are paramount. By adhering to these principles, Chindata is fostering a symbiotic alliance between the green and digital economies, propelling a new era of green sustainable development."
At this pivotal juncture of digital economy advancement and energy transformation, Chindata leverages its core values of Stable, Advanced, Forward, Eco-friendly (SAFE) to enhance its ESG strategy. With a strong foundation in arithmetic and data, these four elements are ingrained in the Company's DNA, empowering Chindata to offer abundant computing power in a reliable, environmentally friendly, and high-quality manner. This transformation of electricity into superior computing power ensures Chindata's pivotal role in fueling the digital economy and shaping a promising digital future.
About Chindata Group
Chindata is a leading carrier-neutral hyperscale data center solution provider in Asia-Pacific emerging markets and a first mover in building next-generation hyperscale data centers in China, India, and Southeast Asia markets, focusing on the whole life cycle of facility planning, investment, design, construction and operation of ecosystem infrastructure in the IT industry. Chindata provides its clients with business solutions in major countries and regions in Asia-Pacific emerging markets, including asset-heavy ecosystem chain services such as industrial bases, data centers and network services.
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SOURCE Chindata Group | https://www.dakotanewsnow.com/prnewswire/2023/07/31/chindata-releases-2022-esg-report-revealing-above-industry-average-pue-121-with-accelerated-green-transformation/ | 2023-07-31T14:14:13 | 1 | https://www.dakotanewsnow.com/prnewswire/2023/07/31/chindata-releases-2022-esg-report-revealing-above-industry-average-pue-121-with-accelerated-green-transformation/ |
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.kmvt.com/prnewswire/2023/07/31/attention-teachers-hubble-contacts-is-giving-away-free-eyeglasses-educators-this-back-to-school-season/ | 2023-07-31T14:14:13 | 0 | https://www.kmvt.com/prnewswire/2023/07/31/attention-teachers-hubble-contacts-is-giving-away-free-eyeglasses-educators-this-back-to-school-season/ |
LOS ANGELES, July 31, 2023 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), a social media firm and digital agency, announced that they have finalized another brand promotional deal with fitness model and iconic social media star, Sommer Ray. Ray was born in Colorado and has won several bodybuilding and fitness competitions. In recent years she has amassed an impressive social media following, boasting 25M+ followers on Instagram, 12M+ followers on TikTok and 1.75M+ followers on YouTube.
"It is always a pleasure to work with Sommer and her team" said a representative of CMGR. "We have a long-standing history with Sommer and have worked on many deals in the past couple of years. We are excited for the future and will continue to build on this relationship and the alike."
Visit us at www.clubhousemediagroup.com
About Clubhouse Media Group, Inc.
CMGR offers management, production, and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space.
FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements". Forward-looking statements also may be included in other publicly available documents issued by CMGR and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.
Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.
Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause CMGR's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for CMGR's products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks described in our filings with the Securities and Exchange Commission from time to time, including our most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Forms 10-Q and Current Reports on Form 8-K, which are available on the Securities and Exchange Commission's website at sec.gov. We assume no obligation to update any forward-looking statements contained in this press release.
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SOURCE Clubhouse Media Group, Inc. | https://www.dakotanewsnow.com/prnewswire/2023/07/31/clubhouse-media-group-inc-closes-another-promotional-deal-with-sommer-ray/ | 2023-07-31T14:14:14 | 0 | https://www.dakotanewsnow.com/prnewswire/2023/07/31/clubhouse-media-group-inc-closes-another-promotional-deal-with-sommer-ray/ |
WASHINGTON, July 31, 2023 /PRNewswire/ -- We the Veterans and Military Families, a non-profit, non-partisan, pro-democracy organization (formerly We the Veterans), today announced that Jeremy Butler will join the team as the Chief Growth Officer, effective July 24, 2023. He will serve on We the Veterans' Executive Team, working with Executive Director Ellen Gustafson and Executive Chairman Ben Keiser.
"Jeremy's extensive experience in the veteran community will be an invaluable addition to our team as we expand our pro-democracy work nationally," said Ellen Gustafson, Executive Director of We the Veterans and Military Families. "Jeremy has an incredible track record of success advocating for America's veteran community as a transformative leader."
Jeremy Butler, a U.S. Navy veteran, joins We the Veterans and Military Families after a distinguished term as the Chief Executive Officer and Chief Operating Officer of Iraq and Afghanistan Veterans of America. Jeremy served on active duty in the Navy from 1999 to 2005 as a surface warfare officer. He currently serves in the U.S. Navy Reserves. Jeremy attended Knox College in Galesburg, IL, where he majored in International Relations. He later received his M.A. in National Security and Strategic Studies from the U.S. Naval War College.
"I'm excited to join We the Veterans and Military Families and help advance their important mission to strengthen our democracy for all Americans," said Mr. Butler. "Our nation does its best work when we come together and work for the common good."
About: We the Veterans and Military Families was founded in 2021 by veterans and military family members. Our mission is to empower the veteran and military family community to strengthen American democracy by promoting patriotic civic engagement. In 2022, WtV&MF organized the +30 member Vet the Vote coalition and recruited more than 63,500 veterans and family members to serve as volunteer election poll workers nationwide.
Media Contact
Joe Plenzler
LtCol, USMC(ret.)
joe.plenzler@wetheveterans.us
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SOURCE We the Veterans and Military Families | https://www.weau.com/prnewswire/2023/07/31/jeremy-butler-joins-newly-renamed-we-veterans-military-families-chief-growth-officer/ | 2023-07-31T14:14:18 | 1 | https://www.weau.com/prnewswire/2023/07/31/jeremy-butler-joins-newly-renamed-we-veterans-military-families-chief-growth-officer/ |
An outbreak of violence in Boston Sunday night took the lives of two people and injured four others in a series of incidents that police are still investigating.
Officials said Boston police were notified of a shooting on Blue Hill Avenue near the Washington Street intersection in Roxbury around 7:47 p.m. There, police said they found an adult man suffering from gunshot wounds who was transported to a local hospital by Boston EMS. He was pronounced dead there, officials said.
Then around 11:08 p.m., police said they were notified of another person shot in Roxbury, at the Quincy and Weldon Streets intersection, less than two miles away. There, another adult man was found suffering from gunshot wounds and was also transported to a local hospital and pronounced dead there, officials said.
Police were then called back to Dorchester just after 11:30 p.m. Sunday night and found another adult man suffering from gunshot wounds at 99 Draper Street. The man, police said, was taken to a local hospital by Boston EMS with life-threatening injuries.
While officials remained at the Draper Street incident, police received a call regarding two people that had been stabbed near 11 Charles Street in Dorchester. Upon arrival, police said they were notified of a third individual arrived at a nearby hospital with stab wounds that were considered non-life threatening. The two individuals near 11 Charles Street were transported to a local hospital, with their stab wounds also considered non-life threatening, police said.
Suffolk County District Attorney Kevin Hayden spoke on the need to address the subject of illegal firearm possession and the ripple effects it has on communities in a statement.
“We should all be outraged by the calamitous violence that rocked our neighborhoods last night,” Hayden said. “My heart cries out for our city and for everyone impacted by these tragedies. We’ll work tirelessly to bring the perpetrators to justice and we ask anyone in the community with information to please help us.”
Boston Police Superintendent Felipe Colon described the night as “hectic” just after midnight on Monday morning.
“We have officers from all over the city responding to many of the incidents that occurred,” he said.
Police said it remains unclear whether or not any of the incidents overnight are related.
The identities of the two deceased men and the four who suffered injuries were not disclosed and it is unclear if the four incidents have any connection. | https://www.bostonherald.com/2023/07/31/2-killed-4-injured-during-outbreak-of-violence-in-boston-overnight/ | 2023-07-31T14:14:19 | 0 | https://www.bostonherald.com/2023/07/31/2-killed-4-injured-during-outbreak-of-violence-in-boston-overnight/ |
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.kmvt.com/prnewswire/2023/07/31/avalara-appoints-meg-higgins-senior-vice-president-global-partners/ | 2023-07-31T14:14:20 | 1 | https://www.kmvt.com/prnewswire/2023/07/31/avalara-appoints-meg-higgins-senior-vice-president-global-partners/ |
New expert-level certifications, learning products and training curricula planned for 2024
DOWNERS GROVE, Ill., July 31, 2023 /PRNewswire/ -- CompTIA, the world's leading certifying body in information technology (IT), announced today it is developing a new series of expert-level certifications and learning products in data, cybersecurity and cloud networking.
The CompTIA Xpert Series certifications are scheduled for release throughout 2024. The certifications are intended for IT professionals with multiple years of work experience who are interested in validating their expert-level knowledge of business-critical technologies.
"Each certification exam will validate deep expertise in job roles recognized as being at the expert level," said Thomas Reilly, chief product officer, CompTIA. "Beyond validating technical skills, IT pros who earn a CompTIA Xpert Series certification will have demonstrated their ability to understand, implement and articulate advanced technology solutions in any business environment."
The CompTIA Xpert Series will debut with three certifications.
- CompTIA DataX, an advanced-level data science credential.
- CompTIA CloudNetX, intended for advanced network and systems architects who design and manage complex, hybrid IT infrastructures.
- CompTIA SecurityX, the next iteration of the current CompTIA Advanced Security Practitioner (CASP+), aimed at security architects, senior security engineers and others responsible for an organization's cybersecurity readiness.
"The first set of Xpert Series certifications will establish a foundation for a broader expansion into expert-level credentials and learning," Reilly said. "This may include additional CompTIA certifications, CompTIA training for credentials issued by other organizations or training on expert-level skills that may not be associated with a specific certification."
Two IT professionals who are participating in the certification development process as subject matter experts believe the CompTIA Xpert Series will be welcomed by the IT community, especially among mid-level and advanced level professionals.
"The Xpert Series exams are a great addition to CompTIA's portfolio," said Alex Cher, who has worked in IT and cybersecurity since 2006. "CompTIA has an advanced-level certification in cybersecurity, so it makes sense to create similar, advanced exams for infrastructure and other certification categories. The Xpert Series will perfectly fill that void."
"Ongoing career professional development by gaining new skills and experiences is vital to anyone working in IT," said Riaz Khimji, who heads the IT Support Staff Services and Business Relationship Management Collegiate IT, at the University of Oxford. "Individuals can be even more successful in their current role and gain further knowledge in other areas of interest as they progress in their careers. Certifications such as those offered by CompTIA allow them to validate their newly acquired skills."
CompTIA is also developing learning resources and training curricula aligned with the Xpert Series certifications. Learn more at https://www.comptia.org/certifications/xpert-series.
About CompTIA
The Computing Technology Industry Association (CompTIA) is the world's leading information technology (IT) certification and training body. CompTIA is a mission-driven organization committed to unlocking the potential of every student, career changer or professional seeking to begin or advance in a technology career. Each year CompTIA, directly and through its global network of partners, provides millions of people with training, education and certification. To learn more visit https://www.comptia.org/
Media Contact
Steven Ostrowski
CompTIA
sostrowski@comptia.org
630.678.8468
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SOURCE CompTIA | https://www.dakotanewsnow.com/prnewswire/2023/07/31/comptia-reveals-roadmap-xpert-series-product-family/ | 2023-07-31T14:14:20 | 1 | https://www.dakotanewsnow.com/prnewswire/2023/07/31/comptia-reveals-roadmap-xpert-series-product-family/ |