text string | url string | crawl_date timestamp[ms] | label int64 | id string |
|---|---|---|---|---|
CHESTERFIELD, Va. (WRIC) — Chesterfield County approved a pay boost for public safety personnel and teachers as part of their annual budget last week, despite continued uncertainty over ongoing state budget negotiations.
“Really, this budget is the year of the workforce,” Deputy County Administrator Matt Harris said.
The budget, as approved by the Chesterfield Board of Supervisors, includes a 12.1% increase to the base-starting pay of public safety officers — including firefighters, sheriff’s deputies and police officers — and a 7.5% increase to the base-starting pay of Chesterfield teachers.
“I feel really good that we have been able to give them the compensation that is needed to attract and retain employees,” said Leslie Haley, vice chair of the Board of Supervisors.
According to a budget presentation given to the board, Chesterfield teachers will now receive a starting pay of $49,481.
Job postings on Chesterfield’s hiring site indicate that most teaching positions require a college education and state certifications, as well as, in some cases, an advanced graduate degree in a specific subject area. Job postings for county police positions list a high school diploma/GED and field training as requirements of the position.
The pay increases are designed to “keep pace with the rising cost of labor and remain competitive for talent,” according to a statement issued by the county.
Facing Uncertainty
While board members have publicly committed to preserving those pay increases, regardless of what comes in the budget from Richmond, they expressed frustration over the delayed state budget.
“I wanted to defer till the end of the month,” said Jim Ingle, member from the Bermuda District. “But with the comments I’ve heard from the state, we might not see a budget from the state until the end of June.”
Budget negotiations in the General Assembly have been fraught, with the Republican-controlled House of Delegates and Democrat-controlled Senate butting heads over major spending and taxation priorities.
In the meantime, localities like Chesterfield face looming deadlines. In Chesterfield’s case, that date is May 1.
While the county can still amend its adopted budget, it’s legally required to deliver a budget by the end of the month — and so the board voted unanimously to approve the version before them, even without knowing what Virginia will ultimately give them.
“The state needs to get its act together,” Ingle concluded. | https://www.wric.com/news/local-news/chesterfield-county/chesterfield-county-employees-get-raise-amid-state-budget-woes/ | 2022-04-11T23:34:45 | 0 | https://www.wric.com/news/local-news/chesterfield-county/chesterfield-county-employees-get-raise-amid-state-budget-woes/ |
JACKSON COUNTY, N.C. (WSPA) — A 3-year-old child died after falling into the water at Whitewater Falls in North Carolina on Sunday.
The Jackson County Sheriff’s Office said Nevaeh Jade Newswanger was visiting with her family when she was swept away by the water and went over the falls.
Emergency crews from Jackson, Transylvania, Haywood, Henderson, and Oconee counties went to the scene to help.
The child’s body was recovered around 1 a.m. Monday after she was found trapped in an area of the falls.
The Sheriff’s Office said Nevaeh is from Denver, Pennsylvania. Her family was living in Oconee County while working in the area.
Jackson County Sheriff Chip Hall offered prayers and condolences to the family “as they grieve the loss of this precious young child.”
He also cautioned others about the dangers associated with visits to scenic areas such as Whitewater Falls.
“With the onset of spring weather, we need to be reminded of the dangers associated with many scenic areas of the region such as waterfalls,” Hall said. “While beautiful to view from a safe distance, venturing out closer to the falls for any reason brings tremendous danger.”
He urged visitors to keep a safe distance away, view the waterfalls from designated viewing areas and follow posted safety precautions and warnings. | https://www.wric.com/news/u-s-world/3-year-old-dies-after-going-over-falls-in-north-carolina/ | 2022-04-11T23:34:51 | 0 | https://www.wric.com/news/u-s-world/3-year-old-dies-after-going-over-falls-in-north-carolina/ |
WASHINGTON (Nexstar) — Americans hold between $90 billion and $200 billion in medical debt. That’s why the Biden Administration says getting sick or taking care of loved ones who are sick shouldn’t be a financial hardship.
On Monday, Vice President Kamala Harris announced new actions the federal government will take to help ease the burden of medical debt Americans face.
“No one in our nation should have to go bankrupt just to get the health care they need,” Harris said.
Health & Human Services Secretary Xavier Becerra said medical debt often “forces families into making impossible choices: Do I pay off my debt? Do I purchase life-saving medication?”
HHS will evaluate the practices of medical providers and debt collectors and hold them accountable for harmful practices.
“Credit reports are now being used as a weapon to coerce people into paying bills that they don’t even owe,” said Consumver Financial Protection Bureau Director Rohit Chopra.
The Biden administration also wants to reduce the impact medical debt can have on someone’s credit score.
The White House said these steps are important because one in three Americans have medical debt and it’s the largest source of debt collection in the US.
“For too many families some two-thirds of debtors medical issues, medical challenges and medical debt contribute to personal bankruptcy,” Becerra said.
The CFPB will also ramp up efforts to inform patients about their rights. The Biden administration also has ongoing efforts to help ease or even eliminate medical debt for veterans who are VA patients and qualify. | https://www.wric.com/washington-dc/becerra-2-3-of-personal-bankruptcy-linked-to-medical-debt/ | 2022-04-11T23:34:57 | 0 | https://www.wric.com/washington-dc/becerra-2-3-of-personal-bankruptcy-linked-to-medical-debt/ |
ABC11 asked O'Neal why is she coming forward to talk now, and specifically what the city is doing to address crime.
"I am not God -- I can't stop that. But what I can do as a mayor is to do what I am doing and that is do things differently because of my background. And also to make sure that we take a look at systemic causes in a different way, and we hope to be able to provide and help to provide a quality of life for folk so they can make some different decisions," O'Neal said. "The weekend that we had is always distressing when you have any murder. But to have 3 - to have 10 shootings. My heart is heavy. If you can sleep at night then I wonder."
On Monday, Durham County Sheriff Clarence Birkhead announced a $5,000 reward for information after two of his deputies were shot at while in an unmarked vehicle.
It happened Saturday while they were conducting an investigation in the area of Dearborn Drive and Keystone Place.
The suspects are still on the run.
WATCH: Extended interview with Durham Mayor Elaine O'Neal
Also Monday, Durham Police shared the names of two of the people shot dead this weekend.
Daniel Slack is the man that police found shot to death off Auto Drive near Luna Night Club.
Slack was just 22 years old.
Two other people were shot there. They'll be OK.
Tylen Baldwin was found dead Saturday night at the Circle K off Woodcroft Parkway.
He was just 21
The other two victims shot are expected to survive.
On Friday, police arrested and charged a woman for shooting and injuring another woman outside a Sheetz convenience store on North Duke Street.
The day before, investigators arrested a man they say shot two people, killing one of them, just before a police standoff at an apartment complex off Avon Lake Drive.
None of these shootings were random, authorities said.
On Monday, DPD said Police Chief Patrice Andrews was unavailable for comment. | https://abc11.com/durham-mayor-exclusive-interview-elaine-oneal-rising-crime/11738339/ | 2022-04-11T23:37:28 | 1 | https://abc11.com/durham-mayor-exclusive-interview-elaine-oneal-rising-crime/11738339/ |
Throughout their weekend series in Florida, the Orioles craved a big hit. Their fanbase seemed to share the feeling, desperate to erupt with the bases loaded in the second inning of Monday’s home opener at Camden Yards.
Cedric Mullins delivered, smacking a two-run single up the middle that provided all of the game’s offense as Baltimore downed the Milwaukee Brewers, 2-0, to secure its first win of 2022 in front of an announced sellout crowd of 44,461. A day after being shut out to end a Tampa Bay Rays sweep, Loyola Blakefield product Bruce Zimmermann combined with four relievers to do the same to the Brewers (1-3), the reigning National League Central champions.
Mullins’ single was the Orioles’ only hit in 10 at-bats with a runner in scoring position Monday, leaving them 3-for-34 in those situations through their first four games. Monday, at least, that seemed to partly be a case of bad luck. Baltimore’s hitters struck nine balls at 98 mph or harder, according to Statcast, with six turning into outs, the three exceptions being the three with the highest exit velocities: Mullins’ hit and a pair from Anthony Santander.
In his first at-bat in what might prove to be his final Camden Yards home opener as an Oriole, Trey Mancini drove a ball toward right-center field, opposite the direction of the iconic ballpark’s new, deeper left field wall that had little impact on the result in its debut. But Milwaukee center fielder Tyrone Taylor made an impressive catch at the wall, securing a 104.9 mph that Statcast gave an expected batting average of .950. An inning later, Taylor snagged a sharp liner from Austin Hays.
But a pair of walks from the bottom of the order followed, loading the bases for Mullins. Since taking the first pitch of Baltimore’s season to his right hand, Mullins had struck out in eight of 13 plate appearances. He sent a 2-1 sinker from Adrian Houser back up the middle to score two runners, with speedster Jorge Mateo narrowly beating a throw home for the latter run.
Thanks to Zimmermann, the first Maryland-born pitcher to start the Orioles’ home opener since 1990, those two runs stood up, even as Mancini, Hays and Mullins all added another hard-hit out.
Terrific tandem
Coming off a shortened spring training, starting pitchers around the league will be handled cautiously as they continue to stretch out into the season. That was the case Monday with Zimmermann, who was pulled after four innings and 66 pitches with the top of the Brewers’ order looming for a third time.
Manager Brandon Hyde handed the game to Mike Baumann, making his season debut after struggling in a handful of relief appearances in 2021. Baumann recorded the next seven outs without giving up a run.
Hyde had hoped to use a similar tandem approach in Sunday’s game, with Dean Kremer coming in behind Tyler Wells. But Kremer suffered a left oblique strain while warming up, and before Monday’s game, they placed him on the 10-day injured list, with Hyde saying he could miss a month. With outfielder DJ Stewart optioned after Sunday’s game, the Orioles filled two open roster spots by recalling left-hander Alexander Wells and selecting right-hander Spenser Watkins’ contract.
With the Orioles (1-3) yet to announce a Tuesday starter, the pair could piggyback as Baltimore goes for its first series victory of the year.
Bullpen hierarchy
Hyde managed to a victory for the first time this season, showing how he might deploy his relievers in such situations.
Behind Baumann, Dillon Tate got the final two outs of the seventh, stranding a runner from him and Baumann each to leave the Brewers 0-for-6 with runners in scoring position. Left-hander Cionel Pérez threw a scoreless eighth, who, including spring training, has pitched eight scoreless outings since Baltimore claimed him on waivers from the Cincinnati Reds over the offseason.
Right-hander Jorge López, who Hyde has said will pitch in the biggest spots of games, pitched the ninth, earning his second career save and first with the Orioles after spending last year as a middling starter.
This article will be updated.
() | https://www.twincities.com/2022/04/11/cedric-mullins-big-hit-enough-to-back-bruce-zimmermann-as-orioles-shut-out-brewers-2-0-in-home-opener/ | 2022-04-11T23:38:57 | 1 | https://www.twincities.com/2022/04/11/cedric-mullins-big-hit-enough-to-back-bruce-zimmermann-as-orioles-shut-out-brewers-2-0-in-home-opener/ |
On the heels of an ugly season, that’s all team president Leon Rose could muster.
That’s all he could manage after falling from fourth in the East to out of the play-in: a pre-taped and edited interview with the in-house network, with Rose’s main message being, well, nothing in particular.
To be clear, interviewer Mike Breen did a fine job with the time allotted, at least the time that aired, which wasn’t much. Breen, a well-deserved Hall of Famer, was in a tough spot as MSG’s play-by-play voice interviewing a shy and reclusive executive, but he missed seven key questions: 1) Will Thibodeau be the coach next season? 2) Anything about Kemba Walker and the point guard situation, 3) Will the Knicks at least field offers for Julius Randle, 4) What about the reports of top executive William Wesley throwing Thibodeau under the bus, 5) Why trade for Cam Reddish when the coach didn’t see a spot for him in the rotation, 6) What was learned from the dreadful 2021 free agency, and 7) If not a symbol of running this squad back next season, why stay silent at the trade deadline?
These questions will never be answered by Rose because he declined, yet again, to hold a postseason press conference. In reality, he has never really answered questions from outside media since taking the job over two years ago. There was an appearance on a Zoom session to announce the hiring of Tom Thibodeau, which was dominated by Thibodeau’s voice. Then there was an in-person gathering in September that also included Thibodeau and GM Scott Perry. Again, Thibodeau commanded the room, mostly by default.
In Sunday’s interview, Rose was asked by Breen if he’d speak publicly more often and he sidestepped the question.
“I want to please the fans,” he said. “That’s very much important to me, important to this organization, from the standpoint of giving them something they can be proud of, they can root for, they can feel good about. Anything I can do to contribute to that, I wanna do it.”
Of course, this is the James Dolan way of dealing with the media and fans: keep the message insulated, vague and propagandist. The silence and nondisclosure agreement are stipulations to the large paycheck. Rose, who clearly isn’t so comfortable or polished as a speaker, has played the role better than his predecessors, even though we hope somebody at MSG understands that silence is a sign of weakness during the bad times.
With that being said, we offer our final Knicks Report Card of a disappointing 2021-22 season. Keep in mind, we don’t dismiss injuries or missed time in grading. And like Leon Rose, we won’t take follow-up questions.
ALEC BURKS
Stats: 81 games, 21.6 minutes, 11.7 points, 4.9 rebounds, 3.0 assists, 39% shooting, 40% on 3s
Next season’s salary: $10 million
Breakdown:
Thrust into an unfamiliar role as the starting point guard for much of the season, Burks was reliably not a point guard. He just doesn’t possess the playmaking instincts, and his paltry three assists per game were indicative. That’s not his fault. Burks was signed as a backup two-guard and he’s fine in that role, sometimes exceptional when he’s scoring in bunches at the end of close games.
Final Grade: C
EVAN FOURNIER
Stats: 80 games, 29.5 minutes, 14.1 points, 2.1 assists, 2.6 rebounds, 42% shooting, 39% on 3s
Next season’s salary: $18 million
Breakdown:
The Knicks overpaid for a 3-point specialist but that’s not Fournier’s fault. He set the franchise record for 3-pointers in a season, eclipsing John Starks’ 1995 mark. He ditched playmaking earlier in the season and almost exclusively roamed the perimeter, with 3-pointers accounting for 72% of his shot attempts after the All-Star break. Defense remains an issue, but again, that doesn’t deviate with whom the Knicks signed. As an aside, Fournier wins this season’s Media Award for being so open and expansive in his sessions.
Final Grade: B
IMMANUEL QUICKLEY
Stats: 78 games, 23.1 minutes, 11.3 points, 3.5 assists, 3.2 rebounds, 39% shooting, 35% on 3s
Next season’s salary: $2.3 million
Breakdown:
Turned in a respectable season because of a late surge but early woes led to poor efficiency numbers. Exciting potential with flashes of orchestrating an offense — particularly when sharing the floor with best bud Obi Toppin — but Quickley still falls into the streaky category: If the shot is falling, he’s a big bonus; if he’s misfiring, Quickley doesn’t do enough otherwise to justify heavy minutes.
Final Grade: C+
JULIUS RANDLE
Stats: 72 games, 35.3 minutes, 20.1 points, 9.9 rebounds, 5.1 assists, 41% shooting, 31% on 3s
Next season’s salary: $26.1 million
Breakdown:
An utter letdown season that included meltdowns directed at fans, officials, opponents and a team video coordinator. The big question now will be whether the Knicks can unload Randle for something worthwhile because Leon Rose totally screwed this up. To recap: Rose wasn’t sold on Randle so he drafted his replacement at power forward, Obi Toppin. Then Randle exceeded all expectations and Rose gave him a four-year extension. Then Randle imploded and Toppin flourished, leaving the fanbase eager to ditch the player who just signed a contract worth $106 million.
Final Grade: D-
OBI TOPPIN
Stats: 72 games, 17.1 minutes, 9 points, 3.7 rebounds, 53% shooting, 31% on 3s
Next year’s salary: $5.3 million
Breakdown:
It was cool to watch Toppin’s blossom from a deer in headlights as a rookie to the Knicks’ most exciting player in Year 2. We always knew he’s athletic phenom and potentially elite in transition, but he flashed a competent 3-point shot at the end of the season. It was a big change from earlier in Toppin’s career, when he struggled to hit the rim on corner 3s. Contrary to the coach’s critics, I don’t believe Toppin was so much held back this season than he developed exceptionally. This is not who Toppin was to start the season, but rather what he became. Also, he deserved better competition for his NBA Slam Dunk title.
Final Grade: A
MITCHELL ROBINSON
Stats: 72 games, 8.5 points, 8.6 rebounds, 1.8 blocks, 76% shooting
Next year’s salary: Unrestricted free agent
Breakdown:
Health was a major concern heading into the season and Robinson passed that test while playing 72 games. He was a force on the offensive glass and ridiculously efficient while exclusively operating in the paint. At this point, it’s easy to project Robinson’s path: He’s a tall and athletic center, perhaps susceptible to injuries, who will finish at the rim and protect it defensively, but diversifying his offensive game should be shelved. He doesn’t have the handle or the shot (he made just 49% of his foul shots) for much else. How much is that worth in free agency?
Final Grade: B
RJ BARRETT
Stats: 70 games, 20 points, 5.8 rebounds, 3.0 assists, 41% shooting, 34% on 3s
Next year’s salary: $10.9 million
Breakdown:
Disappointing start transitioned to a confident end to RJ Barrett’s season, even if it was cut short by the knee sprain. Biggest takeaway was that he relishes being the go-to face of the franchise, embracing the burdens and responsibilities that come with the ball in his hands. Maybe it’s more illusion in a contract year (we’ve certainly seen that from other players), but Barrett positioned himself, in many ways, as the anti-Randle when dealing with the media and fans.
KEMBA WALKER
Stats: 37 games, 25.6 minutes, 11.6 points, 3.5 assists, 40% shooting, 37% on 3s
Next year’s salary: $9.2 million
Breakdown:
Became apparent quickly that Walker’s explosion wasn’t going to magically reappear by returning to New York, and Thibodeau gave up quickly. The long-distance shooting was good enough, but everything else — the defense, the ability to get to the hoop and finish — left Walker as a liability. Ultimately, Walker disappeared at the All-Star break and never returned. The Knicks, perhaps not coincidentally, were better after the break.
Final Grade: F
NERLENS NOEL
Stats: 25 games, 22.5 minutes, 3.4 points, 5.6 rebounds, 1.2 blocks
Next year’s salary: $9.2 million
Breakdown:
Only managed 25 games without a major injury, leaving questions about his commitment after signing a $27 million deal in the summer. The Knicks also need an answer to those questions before deciding whether to pay Robinson.
Final Grade: F
QUICK GRADES
Jericho Sims (B+); Quentin Grimes (B); Miles McBride (C+); Derrick Rose (D); Taj Gibson (B-); Cam Reddish (D).
TOM THIBODEAU
Breakdown:
There were ugly moments, particularly right before the All-Star break, when RJ Barrett suffered an ankle sprain in garbage time and Thibodeau forgot he can’t challenge two plays. There were problems with enabling Julius Randle, who seemed to operate, often negatively, without guidance or punishment. There were misguided concerns about his point-guard rotation, which was more a product of the roster construction than Thibodeau’s assessments. But the Knicks also improved in the second half of the season, especially the young players, which meant Thibodeau still had them clutching the rope.
Final Grade: C-
LEON ROSE
Breakdown:
It’s hard to understate the disaster of the 2021 free agency. Rose made every wrong move. He had the most cap space in the NBA and failed to solve the glaring point guard problem. He gave Julius Randle a massive contract based on one season. He chose to splurge on Evan Fournier instead of DeMar DeRozan. He paid Nerlens Noel instead of Mitchell Robinson. He watched the team get pounded by the Hawks in the playoffs and thought the roster required only a few tinkers, rather than a repair. Rose’s highlight was the draft, where he picked up Quentin Grimes and Jericho Sims with late picks in both rounds.
Final Grade: F+
() | https://www.twincities.com/2022/04/11/final-knicks-report-card-from-obi-toppins-a-to-leon-roses-f/ | 2022-04-11T23:39:03 | 1 | https://www.twincities.com/2022/04/11/final-knicks-report-card-from-obi-toppins-a-to-leon-roses-f/ |
Three hours before first pitch, Kristen Swader, her husband, Mike, and their 4-year old son, Michael III, stood in line awaiting entry to Oriole Park at Camden Yards.
Mike, 28, has been to every Orioles Opening Day since he was a newborn, Michael III has yet to miss one, and Kristen’s passion is so permanent that she has a classic Orioles logo tattooed on her side.
“It’s a holiday,” she said of Opening Day, holding Michael III in her arms.
The Orioles have always held importance for the Swaders. Mike remembers skipping class in high school to go to games, and Kristen used to work as an usher.
“There’s something about it,” Mike said. “It’s an escape.”
Despite modest at best expectations for the Orioles in 2022 and a season-opening sweep at the hands of the Tampa Bay Rays to begin the season, fans remained fervent for Opening Day — the first untethered by attendance limitations since 2019.
There were some open seats in the upper decks for the game’s 3:05 p.m. first pitch, but it was officially declared a sellout with an announced crowd of 44,461 in attendance to watch as the Orioles earned their first win of the season, 2-0 over the Milwaukee Brewers.
As the Swaders and hundreds of other hopeful fans waited for the gates to open Monday afternoon, Clarence “Fancy Clancy” Haskett was inside the stadium, icing hundreds of beers. Haskett has been a beer vendor at Orioles games for 48 years, and the animated salesman greeted everyone — people in the stadium, people on the phone — with the same exclamation: “Happy New Year!”
He began Monday the same way he often does, with 50 pushups in the vendors’ room, partially for exercise and partially to energize himself for the game. Haskett is known for his enthusiasm and for his sales pitches, which include remarks such as: “Hey, folks, did you know it’s OK to drink a cold beer at a baseball game?”
The Orioles have seen attendance dwindle each year since 2014, including to just over 10,000 fans a game last year during a season affected by the coronavirus pandemic. Attendance this season could be hurt by the ongoing pandemic, as well as this offseason’s bitter 99-day lockout of the players by the club owners, which potentially eroded baseball’s general popularity.
The last time there was an extended MLB work stoppage, from 1994 to 1995, attendance dipped 20% around the majors the following season. There appears to be less animosity from fans this time, but even still, a recent AP-NORC survey found that 47% of baseball fans said the lockout had at least some impact on their view of MLB.
Recent lack of success — Baltimore has lost 108 or more games the past three full-length seasons and has one of the lowest payrolls in the majors this year — has also resulted in lack of interest from some fans.
“If they want me to spend my money, they need to spend some of their money,” Daniel Contesti, who used to attend Orioles games but hasn’t in several years, wrote in an email.
Of course, that sentiment wasn’t felt Monday, as fans eagerly did the wave for much of the fifth inning and cheered on Bruce Zimmermann, the Orioles’ starting pitcher and a Maryland native who attended Loyola Blakefield. Zimmermann pitched four scoreless innings, allowing three hits and striking out four.
Childhood friends and Baltimore fans Eric Stout and Noah Kness also attended Loyola, and ahead of the game, the pair, wearing Jim Palmer and John Means jerseys, respectively, noted their excitement for their fellow alum and their hopes for the season.
“More wins than last year,” Stout said. “I’d just like to see some improvement. I’m not expecting a World Series, but improvement.”
In 2008, a law student named Kevin Gracie happened to walk into Oriole Park at precisely the right moment. He became the 50 millionth fan ever to attend a game at Camden Yards, winning $50,000 and five years of season tickets for being the lucky attendee.
Now an attorney, Gracie hasn’t missed an Opening Day since 2005, and he was there Monday, wearing a jersey of Luis Montañez — a seldom-remembered Oriole who had 68 career hits in the major leagues.
Gracie called Opening Day “the best day of the year,” and said he’s optimistic for the Orioles’ future.
He’s a Ravens fan, too, but he doesn’t like that football teams play just once a week — it allows too much time for fans to stew on a loss. In baseball, the woes of yesterday can be made up for the following day; that’s why the Orioles being swept by the Rays didn’t bother Gracie.
“It doesn’t matter,” he said before Opening Day’s first pitch, “we’re gonna win today.”
() | https://www.twincities.com/2022/04/11/its-a-holiday-orioles-fans-flock-to-camden-yards-for-opening-day-filled-with-cautious-optimism/ | 2022-04-11T23:39:09 | 0 | https://www.twincities.com/2022/04/11/its-a-holiday-orioles-fans-flock-to-camden-yards-for-opening-day-filled-with-cautious-optimism/ |
The bad blood between the Chicago Cubs and Milwaukee Brewers might not dissipate anytime soon.
Right-hander Keegan Thompson received a three-game suspension from Major League Baseball for intentionally hitting Milwaukee Brewers outfielder Andrew McCutchen in the eighth inning of the Cubs’ 9-0 win Saturday.
Manager David Ross got a one-game suspension and a fine because MLB deemed Thompson purposefully hit McCutchen with a 2-1 fastball. Ross will serve his suspension Tuesday against the Pittsburgh Pirates.
Thompson, who also was fined, will begin his suspension Tuesday unless he appeals.
The incident caused both benches to clear in response, and plate umpire Lance Barksdale ejected Thompson.
Brewers pitchers hit three Cubs during the game. Starter Brandon Woodruff hit Nick Madrigal and Willson Contreras, the latter frequently on the receiving end of Brewers pitches. In 24 starts against them since 2020, Contreras has been hit 10 times, including twice last weekend.
Ian Happ took a Trevor Gott slider off his left knee in the seventh and exited the game. X-rays were negative, though Happ did not play Sunday.
“I can’t say it’s over,” Contreras said after Saturday’s game. “On my part I hope it dies right there because there is a lot of talent on both teams. … Their coaching staff needs to realize that we’re human beings playing out there, and if you don’t care about other players, we don’t care about yours.”
The teams next meet May 29-June 1 in Milwaukee.
() | https://www.twincities.com/2022/04/11/keegan-thompson-and-david-ross-receive-suspensions-for-the-chicago-cubs-pitcher-intentionally-hitting-andrew-mccutchen/ | 2022-04-11T23:39:15 | 0 | https://www.twincities.com/2022/04/11/keegan-thompson-and-david-ross-receive-suspensions-for-the-chicago-cubs-pitcher-intentionally-hitting-andrew-mccutchen/ |
PHILADELPHIA — The Franchise is 10 feet high, 13 1/2 feet in length, and weighs 3,200 pounds. The statue, that is.
The highly anticipated Tom Seaver statue will be unveiled at 10:30 a.m. during a pregame ceremony on Friday at Citi Field before the Mets’ home opener against the Diamondbacks. Nancy, Seaver’s widow, and their two daughters, Sarah and Anne, will be in attendance at the Home Run Apple to see the statue for the first time.
“This is a wonderful way to honor Dad’s legacy, and to celebrate his wonderful years in New York,” said Sarah Seaver, Tom’s oldest daughter. “The Mets have been working on this for years, and to see William Behrends’ vision come to fruition is so exciting and very touching. We are thrilled to share this with all the fans who supported Dad throughout his career.”
The statue, sculpted by William Behrends, was commissioned by the Wilpon-owned Mets in 2019. It will feature his iconic drop and drive delivery and is said to be two times life-size to scale. It consists of 2,000 pounds of bronze and 1,2000 pounds of structural stainless steel. The granite mound the statue sits on is approximately three feet in height.
The sculptor tried to capture the enormity of what Seaver meant to the Mets organization.
“Tom Seaver’s larger than life presence on the mound and his dynamic pitching delivery were both a challenge and a rich inspiration to me as a sculptor,” said Behrends. “I am most grateful to the Seaver family for being so generous with their time in sharing stories of him and insights into the extraordinary man he was.”
Seaver died at age 75 at his home in Calistoga, Calif., following complications from Lyme disease, dementia and COVID-19. He dropped out of public life in March of 2019 after being diagnosed with dementia.
He left behind 311 victories, 3,640 career strikeouts, three Cy Young Awards and his starring role in the Miracle Mets 1969 championship season.
“There is a reason he was called ‘The Franchise,’” said team owner Steve Cohen. “You can’t measure what Tom Seaver meant to this organization. This magnificent statue will be a wonderful daily reminder to Mets fans coming to Citi Field that Tom Seaver is forever a Mets legend.”
WELCOME TO PHILLY
The Mets opened their first series against the Phillies on Monday, and manager Buck Showalter will get his first extended look at one of the club’s division rivals over the course of the three-game set.
“They’ve got a lot of weapons,” Showalter said. “They’ve got people who know how to use them. They’re a good baseball team. Got a lot of ways they can beat you. Very potent. Not going to say it’s going to be fun to compete against them, but it’s going to be a good test for us.”
In addition to the usual suspects in the Phillies lineup, including Bryce Harper, J.T. Realmuto, and Rhys Hoskins, the club picked up slugger Kyle Schwarber and outfielder Nick Castellanos this past offseason. Zack Wheeler also welcomed a former Mets teammate when the Phillies signed free agent Jeurys Familia to a one-year deal.
The Phillies entered Monday having won two of their first three games against the Athletics.
MAC NEEDS A DAY
Jeff McNeil was out of the starting lineup on Monday for the series opener in Philly, replaced by Luis Guillorme at second base. Showalter said he’s trying to give his regular position players days off early in the season to keep them fresh for the long run.
The Phillies also had a left-hander in Ranger Suarez on the mound Monday. McNeil slashes .290/.357/.400 lifetime against southpaws.
“Mac needs a day. I’ve given everybody one,” Showalter said. “Without getting into the details, I think today would be good for him. And this isn’t a guy he necessarily matches up well with. Same way with Robbie (Cano). I don’t want to get ahead of ourselves just to lose sight. We need to be smart about his playing time.”
MARTE LOVES PHILLY
Starling Marte loves hitting at Citizens Bank Park.
In 25 career games in Philly, Marte has hit .398 with 17 runs, 12 doubles, four homers, 13 RBI and six walks, plus a .449 on-base percentage and a .643 slugging percentage. His .401 career average vs. the Phillies is the fifth-highest all-time for any player against any one opponent (min. 175 at-bats).
DIAZ RETURN?
Edwin Diaz is expected to return from the bereavement list Tuesday, the first day he’s eligible to do so. The Mets closer will attempt to fly to Philly from Puerto Rico on Monday night.
“If he’s not here, he’s not here,” Showalter said. “We told him to take what he needed. Hopefully he’ll get back in. He really wanted to rejoin the team on Monday if he could. Have to get the airplanes to cooperate with us.”
() | https://www.twincities.com/2022/04/11/mets-tom-seaver-statue-unveiling-to-be-attended-by-widow-nancy-and-daughters/ | 2022-04-11T23:39:21 | 0 | https://www.twincities.com/2022/04/11/mets-tom-seaver-statue-unveiling-to-be-attended-by-widow-nancy-and-daughters/ |
“We’ve got one person down.” It started with reports of an unconscious person on the highway, not far from the Fort Lauderdale airport as the sun was about to rise. Then came the realization that the man, NFL star Dwayne Haskins, was dead.
Radio transmissions archived by the audio streaming website Broadcastify provide some extra details on how officers and paramedics responded to Haskins’ death on Saturday. The recordings offer a timeline of how the events unfolded after Haskins was struck by a dump truck on Interstate 595.
The sun was just minutes away from rising. Still dark out, Haskins — for reasons that are still unknown — was crossing I-595 in the westbound lanes when a dump truck struck and killed him. About 6:40 a.m., a Broward Sheriff’s Office Fire Rescue dispatcher said, “This appears to be a vehicle versus pedestrian.”
A couple minutes later, a dispatcher said, “Caller advising that there was a male hit by a dump truck at this time on 595 westbound at the I-95 off ramp, 6:41.″
By this point, paramedics and firefighters were responding. “Engine 6 arrived,” one firefighter or paramedic said on the dispatch line about 6:45 a.m. “It’s on 595 westbound before the exit. We’ve got one person down.”
Less than three minutes later, a first responder announced on the dispatch line, “Engine 6, signal seven. 6:47.″ On police and fire rescue radio codes, “signal seven” means someone is dead. Haskins died at 24, less than a month before his 25th birthday.
He was in South Florida training for the upcoming NFL season with several Pittsburgh Steelers players.
Neither a full crash report, nor audio from 911 calls, have been released to the public yet.
A driver ‘was already concerned’
One passer-by told NBC 6 he thought he saw Haskins on the highway and that he had called 911. “I was dropping off my daughter to an airline at the Fort Lauderdale Airport in the morning,” the man, identified as Chris Stanley, told the TV station.
“And what I noticed was a Mack truck, or a big tractor-trailer, with also another vehicle that started moving a little bit to the left,” he said.
“I was in the left lane and then there was the right lane. And then I noticed an individual there starting to make their way onto the road,” Stanley continued. “He was about halfway, to a quarter way in the right lane, already onto the highway and I was already concerned that somebody was going to strike him right there at that moment.”
Stanley couldn’t be reached for comment Monday.
The Florida Highway Patrol said Haskins was walking on I-595 “for unknown reasons,” FHP said in a statement. “He was attempting to cross the westbound lanes of Interstate 595 when there was oncoming traffic. Unfortunately, he collided with an oncoming dump truck.”
The Broward Sheriff’s Office referred questions to the Florida Highway Patrol, which is leading the traffic homicide investigation into the crash. That agency said no more information will be released until they conclude that investigation, which can take approximately 90 days or more.
An outpouring of shock and condolences flooded the sports world from the NFL, Pittsburgh Steelers, Ohio State University, where he played college ball, and elsewhere.
“I am devastated and at a loss for words with the unfortunate passing of Dwayne Haskins,” Pittsburgh Steelers head coach Mike Tomlin said in a statement. “He quickly became part of our Steelers family upon his arrival in Pittsburgh and was one of our hardest workers, both on the field and in our community. Dwayne was a great teammate, but even more so a tremendous friend to so many. I am truly heartbroken.”
Austen Erblat can be reached at aerblat@sunsentinel.com, 954-599-8709 or on Twitter @AustenErblat.
Brooke Baitinger can be reached at bbaitinger@sunsentinel.com, 954-422-0857 or on Twitter @bybbaitinger.
() | https://www.twincities.com/2022/04/11/nfl-quarterback-dwayne-haskins-radio-calls-capture-emergency-response-in-deadly-crash/ | 2022-04-11T23:39:27 | 0 | https://www.twincities.com/2022/04/11/nfl-quarterback-dwayne-haskins-radio-calls-capture-emergency-response-in-deadly-crash/ |
Last week, Timberwolves guard Patrick Beverley was asked what he said to the team following a difficult defensive performance in a loss to Washington.
“I didn’t play,” Beverley said. “So, different game.”
OK, next question. What was the difference between that performance and Minnesota’s win two days later over San Antonio?
“I played,” Beverley said.
And what exactly did Beverley do to change everything?
“Be Mr. 94 Feet every night,” he said.
Alrighty then.
Blunt and almost conceited. It’s the manner in which Beverley carries himself. The latter feels like a compensation, but not for anything Beverley thinks he lacks. Rather, it’s his way of making up for the shortage of belief others possess in him.
Many of his postgame press conference answers feature the veteran guard telling everyone about the massive impact he made. The same is true of his tweets, in which Beverley stumps for himself to win some NBA defensive honor or another.
If you aren’t going to give the 33-year-old his due, he’ll give it to himself, and then tell you why you’re wrong.
Maybe that’s a byproduct of being underestimated for so long. Beverley was a second-round draft pick in 2009 out of the University of Arkansas, who then played overseas before finally getting his NBA shot in 2012 with Houston.
He helped lead the Los Angeles Clippers — Tuesday’s play-in opponent — out of the gutter and into the spotlight. The Clippers reached last year’s Western Conference Finals. Beverley assumed that success would lead to easy extension conversations last offseason. It did not.
“They threw me a number I felt was borderline disrespectful,” he told The Old Man and the Three podcast.
When those talks stalled, Beverley knew a trade was necessary. He arrived in Minnesota via Memphis, and the Wolves haven’t been the same since. He views that as no coincidence.
Asked Monday if he chose his situation this season wisely, Beverley responded, “Y’all chose wisely.” He has framed himself as the primary catalyst for this franchise’s resurgence.
“I do this everywhere I go. I’m not trying to be cocky. I knew this was gonna happen before I got here,” Beverley said. “I told you guys — and everyone was looking at me like I was crazy. Telling y’all I was gonna take this team to the playoffs. We’re here now. I know me, I know my worth, I know what I bring to the table.”
Is that cocky? Probably.
Is it true? Almost certainly.
The arrogance is earned. Beverley has never missed the playoffs, sans a season in which he played just 11 games due to injury. While the point guard credits himself with much of the team’s turnaround, so, too, do those around him.
“Twenty-three wins last year, 46 this year. Impactful. I don’t know what else to say,” all-star center Karl-Anthony Towns said. “I think it’s pretty simple. The numbers speak for themselves.”
That impact has been felt in more ways than one.
LEADERSHIP
Minnesota was struggling to find its way early in the season. The shine of an energetic exhibition season and 3-1 start to the regular season had worn off. The Wolves were in the midst of a six-game losing streak.
It was then that Beverley asked every player, in front of the coaches, what they believed their role was.
“Everybody defines what they can do. If anybody felt as if we didn’t need them to do that with this group, we voiced it,” Taurean Prince said. “But everybody was pretty selfless and right on-point with their roles, so it wasn’t much correcting. It was for everybody to go around, so when those guys don’t do it, or somebody doesn’t do what they claim their role is, then we can hold everybody accountable.”
“It was beautiful,” Anthony Edwards said.
It was the early-season turning point that set the Wolves on the path to a successful season.
“If you got that one kid who’s supposed to take out the garbage who’s actually doing the dishes, it kind of (messes) up the rhythm in the household a little bit,” Beverley said. “Having roles and getting things in order is big in any relationship, any friendship, and you have to just treat your basketball team as such. We don’t want a player who doesn’t score to come in and think he’s going to score the ball. Establishing your roles, knowing your roles early, will help you in the long run.”
It’s one thing to recognize a problem within a team. It’s another to have the tact and standing to address it in the proper manner. Jimmy Butler certainly recognized issues with the Timberwolves during his short stay in Minnesota. Did he handle it in the proper manner? It depends on who you ask.
The support for Beverley has been unanimous.
“He holds his teammates accountable in the two most important ways. And that is, one, he does it himself, which gives him a platform to lead,” Timberwolves coach Chris Finch said this year. “And two, he’s very pointed in his ability to ask, demand his teammates do things a certain way. And he does it in a very business-like manner. It’s non-threatening, and guys respond to it.”
Towns has referenced multiple occasions this season when Beverley has gotten on the all-star center about a need to take over in a certain situation or dominate a game. And those conversations always seem to bring out the best in Towns.
“You never take anything he says out of disrespect or anything like that because you know it’s coming out of love. I think that’s what’s different,” Towns said. “When he says some things, when he acts a certain way, it’s not because he’s trying to be a (jerk). He’s saying something out of love that he sees that can make us better.”
Jaylen Nowell said Beverley is one of the best leaders he’s ever played with.
Minnesota has endured several “fiery” film sessions this season after losses or stretches of poor play, from which corrections came. Finch has cited Beverley’s involvement in those. Edwards said Beverley has called guys “soft” when appropriate.
Beverley is quick to note his methodology extends far beyond his teammates.
“I’m a winner. I win on and off the court. I impact winning. I help my coaches, I help my teammates try to be the best version of themselves,” Beverley said. “I’m tough as (nails). I require a lot out of everybody — the film guy, the people in the kitchen, trainers, players, coaches, but I understand it takes a lot of that to win basketball games. My method is very unorthodox, but at the end of the day, 46 wins, it works.”
LOCKED IN
Beverley will send messages in a team group text the night before every game, flooding his teammate’s phones with tendencies and statistics regarding the upcoming opponent — info gathered by his trainer, Aaron Miller. Beverley is always looking for an edge for himself and his teammates to utilize.
That’s true even in games he’s not playing.
“He was talking crap in Philly and he wasn’t even playing,” said 76ers coach Doc Rivers, who coached Beverley with the Clippers. “He was pointing at me from down at the other end, trying to call out our plays — which he was wrong about.”
Prince said it was Beverley who got his teammates into the habit of watching games in one another’s hotel rooms on off nights during road trips and often discussing the game. He’s never not locked in.
“The thing about Pat is he brings that same energy on a day off, on a shootaround, treatment room, in the locker room, and I think that rubs off on guys in a huge positive way. I know it has for myself,” Prince said. “Just being able to lock in at a certain level for a certain amount of time is a part of being a pro, and I think he’s brought that to the table.”
HEART
One thing Finch is most proud of is the way the team’s competitiveness has risen on a nightly basis this season. That can also be considered a Beverley Effect.
For one, you know the 6-foot-1 guard is always going to be going at full force.
“They say playing hard is a skill nowadays. I mean, I built my house in this league from that skill of playing hard,” Beverley said. “I go out there and, first, I don’t want to shame my mom. She’s the first one to curse me out, if I go out there and play, not about scoring, not about assists or stats, but about playing hard. And secondly, I don’t want to let my teammates down. It’s just that easy. I don’t want to let my mom and teammates down.”
So, D’Angelo Russell noted, when you don’t give your all to the game, “you almost feel like you’re disrespecting him.”
“He brought a lot to this team, especially with heart. And that’s big,” Naz Reid said. “Having heart on the team, on an NBA (team), is really tough from one to 15.”
SWAG
Playing against the Timberwolves for years, Patrick Beverley identified Minnesota as a “swagless team,” one without an identity.
It has one now. Minnesota enters Tuesday’s play-in hungry and confident. The characteristics that have defined Beverley for years are now tenants that have guided this Timberwolves season.
Minnesota often plays hard, believes it should win and will let its opponent know it.
“PB’s swag, like, he just off the charts,” Edwards said, “so he going to make everybody have swag.”
Beverley is this team’s identity in nearly every sense.
“We know exactly who we are. We’re not backing down from anybody. Humbly though, very humbly. Not arrogant in that sense,” Beverley said. “Very comfortable in our skin. We’re not running away from any type of smoke or ducking any type of action. We want to show the league that this is a team that’s going to be talked about for the next couple of years, for sure.”
THE CHIP
Beverley is appreciative of the one-year, $13 million contract extension he signed in February that will keep him in Minnesota through next season.
Yet, as he told The Old Man and the Three podcast, he wanted more years than that. And he still doesn’t understand how someone who impacts winning to the degree he does cannot earn a $100 million deal.
Finch noted Beverley plays with the same chip on his shoulder now that he carried into the league. It’s not going anywhere. Beverley has said the work he did with the Clippers often went overlooked. Credit generally goes to bigger names, such as Paul George and Kawhi Leonard.
It seems as though Beverley thinks his efforts in Minnesota also have gone mostly unnoticed, at least by those on the national scene. For example, Beverley’s name is rarely mentioned in conversations surrounding the league’s year-end defensive awards.
For as loud and boisterous as Beverley can be on the court, he still may not be heard.
So, on Tuesday night, he will continue to try to make everyone see. | https://www.twincities.com/2022/04/11/patrick-beverley-has-been-timberwolves-most-impactful-player-this-season-and-hell-let-you-know-it/ | 2022-04-11T23:39:33 | 1 | https://www.twincities.com/2022/04/11/patrick-beverley-has-been-timberwolves-most-impactful-player-this-season-and-hell-let-you-know-it/ |
Already looking for a large handful of players in the NCAA transfer portal, Lindsay Whalen now must find a new assistant coach.
Carly Thibault-DuDonis, associate head coach and recruiting coordinator for Minnesota’s women’s basketball team, has been hired as head coach at Fairfield University in Connecticut, the school announced Monday.
Thibault-DuDonis, who is from East Lyme, Conn., has worked with the Gophers’ guards and overseen recruiting efforts and scouting report under Whalen since she was hired in April 2018. She was promoted to associated head coach on May 14, 2020. The Gophers’ incoming freshman class, which includes Minnesota Ms. Basketball Amaya Battle of Hopkins, was ranked as high as No. 10 by ESPN.
When Whalen missed two games after having an emergency appendectomy in January, Thibault-DuDonis served as head coach for a 62-49 victory at Rutgers and 87-73 loss to Maryland.
“I have known Coach Carly for roughly 20 years. In that time, I have seen her grow into an exceptional basketball coach and person,” Whalen said in a release. “Carly’s work ethic, drive and compassion are second to none in this profession. I cannot wait to see all of the success she is going to have at Fairfield.”
Prior to joining the Gophers, Thibault-DuDonis spent two seasons (2016-18) on staff at Mississippi State, where she helped the Bulldogs advance to two NCAA tournament championship games. She played basketball at Monmouth College and her father is Mike Thibault, three-time WNBA coach of the year and currently the head coach of the Washington Mystics.
The Gophers finished this season 15-18 overall, 7-11 in the Big Ten and won a first-round game in the WNIT. Seven of the players on this year’s roster have entered the NCAA transfer portal, and Whalen said last week she hopes to add as many as five transfers before team practices begin in June. | https://www.twincities.com/2022/04/11/womens-basketball-gophers-assistant-now-head-coach-at-fairfield/ | 2022-04-11T23:39:39 | 0 | https://www.twincities.com/2022/04/11/womens-basketball-gophers-assistant-now-head-coach-at-fairfield/ |
The wife of a Good Samaritan severely hurt in a hit-and-run crash Friday along the Everett Turnpike says her husband faces a “very long, painful and difficult road ahead” recovering from his injuries.
Mark Shamaly was injured Friday in Merrimack on the Everett Turnpike while trying to assist another motorist at the scene of a crash.
His wife, Barbara Shamaly, said her husband Mark suffered life-threatening injuries after being run down while walking over to the other vehicle, which had spun out in the center median.
In a GoFundMe post, Shamaly said due to the severity of the hit and how far he was thrown, her husband suffered numerous internal injuries, including “head trauma, a broken shoulder and pelvis, and numerous shattered ribs that punctured his lung, liver, and aorta where this injury needed to be stented.”
“The automobile driver did flee the scene, leaving my husband lying on the side of the highway, not knowing if he was dead or alive,” wrote Shamaly.
Shamaly said a state Department of Transportation worker witnessed the accident and rushed to help her husband until emergency personnel arrived at the scene.
“Good fortune prevailed when the DOT worker who witnessed the accident stopped and helped my husband, literally saving his life. Thankfully, we are being told by the doctors that Mark will survive,” Shamaly wrote on the GoFundMe post. “Watching this man suffer significantly for doing a good deed is so inhumane.”
Mark Shamaly is a former police officer, and head of security at Tupelo Music Hall in Derry, according to social media posts.
Mark Shamaly was transported first to Elliot Hospital and then to Massachusetts General Hospital in Boston with life-threatening injuries.
Police said the vehicle, which left the roadway and struck the pedestrian in the grass median, left the scene without stopping.
Late Friday, state police announced that Jose Enrique Cruz Vasquez, 30, of Manchester, was arrested. Police believe he is the driver of the car that struck Mark Shamaly.
State police said in a press release that Vasquez “was taken into custody at the New Hampshire State Police Troop B Barracks without incident.” He was charged with reckless conduct with a deadly weapon and conduct after an accident.
A GoFundMe page has been set up by Barbara Shamaly to assist with covering medical bills and travel expenses associated with trips to and from Boston, Mass. | https://www.unionleader.com/news/human_interest/good-samaritan-hit-on-everett-turnpike-faces-long-painful-and-difficult-road-ahead/article_4946144b-e938-58c0-8102-b0988d2a319d.html | 2022-04-11T23:40:22 | 1 | https://www.unionleader.com/news/human_interest/good-samaritan-hit-on-everett-turnpike-faces-long-painful-and-difficult-road-ahead/article_4946144b-e938-58c0-8102-b0988d2a319d.html |
FORT WAYNE, Ind. (WANE)–Fort Wayne Fire Department is currently investigating a gas leak at St. Joe Center Road in front of a Marathon gas station.
NIPSCO trucks were spotted at the scene working on a hole in the sidewalk in front of the Marathon gas station.
FWFD told WANE 15 that a directional bore hit a gas pipe, which prompted the gas leak. Crews are working to patch up the leak and there’s no danger to residents. | https://www.wane.com/news/fwfd-investigating-gas-leak-at-st-joe-center-road/ | 2022-04-11T23:41:43 | 1 | https://www.wane.com/news/fwfd-investigating-gas-leak-at-st-joe-center-road/ |
Alabama woman says she found Apple Airtag tracking device on her car
MOBILE, Ala. (WALA/Gray News) - An Alabama woman said someone might be stalking her after she said she found a tracking device on her car.
Her father, John Price, said his daughter informed him that she got a notification on her cell phone saying she was being tracked while on her way home from work.
Price said the notification popped up on his 23-year-old daughter’s cell phone Thursday.
Frantic, he said, she called her family to figure out what to do next. While on the phone with her, Price said his daughter found an Apple Airtag on her tire’s wheel well.
Airtags are quarter-sized devices created to help users keep track of personal items like their keys, purse, or luggage through the “Find My App.”
But if it gets into the wrong hands, it can be used to track someone.
“It was just one of those really scary moments for any parent to find out that your 23-year-old daughter is being tracked,” Price said.
Price said they contacted police in Mobile, Alabama, about it, but it’s unclear at this time who the device belongs to or who put it on his daughter’s car.
According to Fox News, similar incidents have been reported across the nation. A Sports Illustrated model even claimed an Airtag was placed in her coat while she was out with friends in New York City.
Price said he put pictures from his daughter about the tracking on Facebook to warn others to check their vehicle. The post was shared more than 3,000 times in less than 24 hours.
“You never really think it’s going to pertain to you or your family until it does, and then you’re like, ‘Holy cow!’ This is my daughter,” Price said. “Hopefully it helps somebody down the road find something that’s not supposed to be there.”
Apple has some advice on its website so you can be notified if someone is stalking you with an Airtag.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wflx.com/2022/04/11/alabama-woman-says-she-found-apple-airtag-tracking-device-her-car/ | 2022-04-11T23:43:44 | 1 | https://www.wflx.com/2022/04/11/alabama-woman-says-she-found-apple-airtag-tracking-device-her-car/ |
Child bitten by shark in Highland Beach, taken to hospital
Published: Apr. 11, 2022 at 5:06 PM EDT|Updated: 2 hours ago
A boy was treated for a shark bite Monday afternoon in Highland Beach, according to fire rescue officials.
Officials said the bite occurred at about 4 p.m. at 3300 S. Ocean Blvd.
The child, described as an adolescent, said he saw a small shark dart toward him as he stood in shallow water.
The shark bit the boy's right foot near his big toe before swimming away.
Delray Beach Fire Rescue said paramedics bandaged the wound and transported him to Bethesda Hospital.
Officials did not release the condition of the child.
This is the second person bitten by a shark in Palm Beach County in the last few weeks.
A fisherman was bitten by a shark off Lake Worth Beach on March 31.
Scripps Only Content 2022 | https://www.wflx.com/2022/04/11/child-bitten-by-shark-highland-beach-taken-hospital/ | 2022-04-11T23:43:50 | 1 | https://www.wflx.com/2022/04/11/child-bitten-by-shark-highland-beach-taken-hospital/ |
Motorcyclist killed after crash near Boca Raton
Published: Apr. 11, 2022 at 7:21 PM EDT|Updated: 20 minutes ago
A motorcyclist was killed Monday after a crash with another vehicle near Boca Raton, according to the Palm Beach County Sheriff's Office.
The wreck occurred at about 4 p.m. near The Oaks at Boca Raton, just south of Clint Moore Boulevard.
The crash closed State Road 7 earlier in the day, but the road has since reopened.
The name of the victim has not been released.
No other details were immediately available.
Scripps Only Content 2022 | https://www.wflx.com/2022/04/11/motorcyclist-killed-after-crash-near-boca-raton/ | 2022-04-11T23:43:56 | 0 | https://www.wflx.com/2022/04/11/motorcyclist-killed-after-crash-near-boca-raton/ |
Skip to content
Main Navigation
Search
Search for:
Local
Weather
Investigations
Baquero
Video
TV Listings
Our Voices
Newsletters
Live TV
Share
Close
Trending
COVID-19
BA.2
Eric Adams
Astoria
Gun Violence
Times Square
Dwayne Haskins
Elon Musk
Russia-Ukraine
Supreme Court
Lifestyle
NBCLX
Expand
As Seen On
As seen on News 4 | https://www.nbcnewyork.com/news/community-calls-for-school-safety-after-bronx-teen-killed/3641061/ | 2022-04-11T23:54:45 | 0 | https://www.nbcnewyork.com/news/community-calls-for-school-safety-after-bronx-teen-killed/3641061/ |
Nearly two-thirds of all Ukrainian children have fled their homes in the six weeks since Russia’s invasion, and the United Nations has verified the deaths of 142 youngsters, though the number is almost certainly much higher, the U.N. children’s agency said Monday.
Manuel Fontaine, UNICEF’s emergency programs director who just returned from Ukraine, said having 4.8 million of Ukraine’s 7.5 million children displaced in such a short time is “quite incredible.” He said it is something he hadn’t before seen happen so quickly in 31 years of humanitarian work.
“They have been forced to leave everything behind — their homes, their schools and, often, their family members,” he told the U.N. Security Council. “I have heard stories of the desperate steps parents are taking to get their children to safety, and children saddened that they are unable to get back to school.”
Ukraine’s U.N. ambassador, Sergiy Kyslytsya, claimed Russia has taken more than 121,000 children out of Ukraine and reportedly drafted a bill to simplify and accelerate adoption procedures for orphans and even those who have parents and other relatives. He said most of the children were removed from the besieged southern port city of Mariupol and taken to eastern Donetsk and then to the Russian city of Taganrog.
Fontaine said UNICEF has heard the same reports, but added that “we don’t have yet the access that we need to have to be able to look and verify and see if we can assist.”
He said that of Ukraine's displaced children, 2.8 million are in Ukraine and 2 million more are in other countries. At the same time, he said, nearly half the estimated 3.2 million children still in their homes in Ukraine “may be at risk of not having enough food,” with those in besieged cities like Mariupol facing the most dire situation.
Fontaine said school closings are affecting the education of 5.7 million younger children and 1.5 million students in higher education.
U.S. & World
“Hundreds of schools and educational facilities have been attacked or used for military purposes,” he said. “Others are serving as shelters for civilians.”
The council also heard from Sima Bahous, the executive director of the UN Women agency, who recently returned from Moldova, which is hosting an estimated 95,000 Ukrainian refugees.
Bahous said her agency is increasingly hearing allegations of rape and sexual violence. She said Moldova’s government and border police are also very concerned at the risk of human trafficking, especially of young women and unaccompanied teenagers.
“The combination of mass displacement with the large presence of conscripts and mercenaries, and the brutality displayed against Ukrainian civilians, has raised all red flags,” she said.
Ukraine’s ambassador said his country's prosecutor’s office is now investigating a case in the Kyiv region in which a Russia soldier is alleged to have killed a local resident and then repeatedly raped his wife in their home. He said the alleged perpetrator has been identified.
Kyslytsya said the Prosecutor General’s Office, in cooperation with investigation agencies and health facilities, is also installing “a special mechanism” to document cases of sexual violence by Russian soldiers.
The Security Council meeting on the impact of the war on women and children was convened by the U.S. and Albania during Britain’s presidency of the body.
The three countries, Ukraine and other council members attacked Russia for creating the dire situation for women and children, which Russian deputy ambassador Dmitry Polyansky vehemently denied.
U.S. Ambassador Linda Thomas-Greenfield said that when men like Russian President Vladimir Putin “start wars, women and children get displaced,” hurt, raped and abused, and they die.
“Since the start of Russia’s unprovoked war against Ukraine, Russia has bombed orphanages and maternity hospitals,” she said. “We’ve seen mass graves with dead children stacked on top of each other.”
Albanian Ambassador Ferit Hoxha accused Russia of committing “unspeakable crimes” every day, including burning civilians, throwing bodies in mass graves, shooting into playgrounds, attacking schools on purpose, and leaving all Ukrainians suffering, especially women and children.
“In their normal life, children draw parents, houses and trees. Russia's war has made Ukraine kids draw bombs, tanks and weapons,” Hoxha said.
Both the U.S. and Albanian ambassadors, and many others, pointed to the discovery of bodies, some with hands tied behind their backs, in the town of Bucha on the outskirts of Kyiv following the withdrawal of Russian troops, and the missile that killed at least 52 mainly women and children at the train station in eastern Kramatorsk. Hoxha noted that the missile had “a vicious signature, `for our children.’”
Russia's Polyansky blamed “Ukrainian Nazis” for civilian killings in Bucha and the bombing at the Kramatorsk station, which he called “a classic false flag operation.”
He accused Ukraine and its public relations experts, along with the West, of promoting “fakes and propaganda” as part of “the information war unleashed against Russia.”
“That war is as intense as the military operations on the ground,” he said.
Lord Tariq Ahmad, Britain's minister of state for the U.N. who presided over the meeting, countered that Russia again was trying to deflect from the reality on the ground “by what can only be described as quite extraordinary statements, and even lies.”
“Yet, what is true, what is fact, is that Russian attacks on civilians and residential areas have been truly barbaric,” he said. | https://www.nbcnewyork.com/news/national-international/un-nearly-two-thirds-of-ukraines-children-have-fled-homes/3641008/ | 2022-04-11T23:54:58 | 0 | https://www.nbcnewyork.com/news/national-international/un-nearly-two-thirds-of-ukraines-children-have-fled-homes/3641008/ |
The Biden administration is unveiling a completed rule aimed at reining in the proliferation of ghost guns, firearms without serial numbers that have been turning up at crime scenes across the nation in increasing numbers.
The White House and the Justice Department argue that regulating the firearms parts and requiring dealers to stamp serial numbers on ghost guns will help drive down violent crime and aid investigators in solving crimes. Gun groups, however, argue that the government is overreaching and that its rule violates federal law.
Here’s a look at ghost guns and the debate brewing in the U.S.
WHAT ARE GHOST GUNS?
They are privately-made firearms without serial numbers.
Generally, firearms manufactured by licensed companies are required to have serial numbers – usually displayed on the frame of the gun – that allow officials to trace the gun back to the manufacturer, the firearms dealer and original purchaser.
Ghost guns, however, are made of parts and are then assembled together. The critical component in building an untraceable gun is what is known as the lower receiver. Some are sold in do-it-yourself kits and the receivers are typically made from metal or polymer.
Politics
An unfinished receiver — sometimes referred to as an “80-percent receiver” — can be legally bought online with no serial numbers or other markings on it, no license required. Under the current rules, the federal government does not consider unfinished lower receivers to be firearms.
WHAT DOES THE RULE DO?
It changes the definition of a firearm and will require federal firearms dealers to add serial numbers to ghost guns that come their way.
The Bureau of Alcohol, Tobacco, Firearms and Explosives has, for years, said that unfinished lower receivers don’t meet the legal definition of a firearm. And there is nothing illegal about building your own firearm.
It’s legal to make your own firearm if it’s for your personal use and you don’t intend to sell it. But if you open a business selling guns, you need a federal firearms license.
Under the new rule, the definition of a firearm would change to include unfinished parts, like the frame of a handgun or the receiver of a long gun. The rule also would require those parts to be licensed and include serial numbers. Dealers would also need to run background checks before a sale — just like they do with other commercially made firearms.
The requirement applies regardless of how the firearm was made, meaning it includes ghost guns made from individual parts, kits, or by 3D-printers.
It also will compel federally licensed dealers and gunsmiths who take in firearms without serial numbers to add serial numbers. That means, for example, if someone sells a ghost gun to a pawn broker – or other licensed dealer – the dealer must put a serial number on it before selling the gun to someone else.
HOW PREVALENT ARE GHOST GUNS?
Ghost guns aren’t new. But they are becoming a growing problem for law enforcement agencies across the U.S.
Federal officials have been sounding the alarm about the growing black market for homemade, military-style semi-automatic rifles and handguns. And guns without serial numbers have been turning up more frequently at crime scenes. They have also been increasingly encountered when federal agents buy guns in undercover operations from gang members and other criminals.
Ghost guns really popped into the public consciousness in 2013 when a gunman, John Zawahri, opened fire on the campus of Santa Monica College in California. Six people were killed, including Zawahri’s father and brother. The suspect had assembled an AR-15 after failing a background check at a gun dealer.
A gunman who killed his wife and four others in Northern California in 2017 had been prohibited from owning firearms, but he built his own to skirt the court order before his rampage. And in 2019, a teenager used a homemade handgun to fatally shoot two classmates and wound three others at a school in suburban Los Angeles.
The sale of ghost guns has exploded since then. It is hard to say how many are circulating on the streets, in part because in many cases police departments don’t contact the government about the guns because they can’t be traced.
Justice Department statistics show that nearly 24,000 ghost guns were recovered by law enforcement at crime scenes and reported to the government from 2016 to 2020. The New York Police Department said officers found 131 firearms without serial numbers since January.
WHAT HAPPENS NEXT?
The Justice Department said the rule goes into effect 120 days from the date of publication in the Federal Register. But it's likely the rule will be met with heavy resistance from gun groups and draw litigation in the coming weeks. Even reaching the point of introducing a rule has taken more than a year. Biden announced plans to impose tighter regulations on ghost guns in April 2021.
Gun Owners of America vowed that it would immediately fight the rule and that it would sue the ATF “to halt the implementation of this rule.” | https://www.nbcnewyork.com/news/politics/explainer-what-are-ghost-guns-why-is-biden-taking-action/3641038/ | 2022-04-11T23:55:05 | 0 | https://www.nbcnewyork.com/news/politics/explainer-what-are-ghost-guns-why-is-biden-taking-action/3641038/ |
2022 WNBA Draft: Atlanta Dream take Rhyne Howard with No. 1 pick originally appeared on NBC Sports Chicago
Rhyne Howard is Atlanta-bound.
The Atlanta Dream took the Kentucky guard with the No. 1 overall pick in the 2022 WNBA Draft on Monday.
“I'm shaking right now,” Howard said. “It's a dream come true.”
Howard was a standout scorer during her four years at Kentucky. She averaged more than 20 points per game in her sophomore, junior and senior seasons with the Wildcats and was named the SEC Player of the Year as a sophomore and junior.
In 2021-22, she averaged 20.5 points, 7.4 rebounds and 3.3 assists per game. Howard helped lead Kentucky to a surprising SEC Tournament title before the team’s season ended in the first round of the NCAA Tournament against Princeton.
Sports
The Dream acquired the first pick on Wednesday by sending the No. 3 pick, No. 14 and a 2023 first-round pick swap to the Washington Mystics.
Baylor forward NaLyssa Smith was the next player off the board, going to the Indiana Fever at No. 2. The Mystics then drafted Ole Miss forward Shakira Austin at No. 3. | https://www.nbcnewyork.com/news/sports/2022-wnba-draft-atlanta-dream-take-rhyne-howard-with-no-1-pick/3641094/ | 2022-04-11T23:55:12 | 1 | https://www.nbcnewyork.com/news/sports/2022-wnba-draft-atlanta-dream-take-rhyne-howard-with-no-1-pick/3641094/ |
Adam Schefter apologizes for 'insensitive' Dwayne Haskins tweet originally appeared on NBC Sports Washington
ESPN NFL insider Adam Schefter apologized on Monday for how he referred to Dwayne Haskins in breaking the news of the Pittsburgh Steelers quarterback's tragic death.
Schefter announced on Saturday that Haskins had died in a since-deleted tweet that read: "Dwayne Haskins, a standout at Ohio State before struggling to catch on with Washington and Pittsburgh in the NFL, died this morning when he got hit by a car in South Florida, per his agent Cedric Saunders. Haskins would have turned 25 years old on May 3."
Schefter tweeted a rephrased version of the announcement over an hour later, this time referring to Haskins as "a standout at Ohio State before becoming Washington's first-round pick and playing in Pittsburgh."
"It was insensitive, it was a mistake and I can assure you it is not my intention. I wish I could have that tweet back," Schefter said on "The Adam Schefter Podcast."
"The focus should have been on Dwayne. Who he was as a person, a husband, a friend and so much more. I wanted to apologize to Dwayne's family, his friends, the players in the National Football League, and offer my condolences to everybody close to Dwayne. And, in the way I failed Saturday, I wanted to turn people's attention to make sure that Dwayne is remembered properly."
Schefter then detailed how fond the Steelers organization was of Haskins, how hard he had been working to improve and how he immersed himself in the Pittsburgh community.
The NFL insider received a ton of backlash on social media for highlighting Haskins' NFL struggles in the original tweet, including from Baltimore Ravens quarterback Lamar Jackson and New England Patriots wide receiver Jakobi Meyers.
Haskins, 24, was hit and killed by a dump truck while walking on a South Florida highway early Saturday morning. | https://www.nbcnewyork.com/news/sports/espns-adam-schefter-apologizes-for-insensitive-dwayne-haskins-tweet/3641001/ | 2022-04-11T23:55:19 | 1 | https://www.nbcnewyork.com/news/sports/espns-adam-schefter-apologizes-for-insensitive-dwayne-haskins-tweet/3641001/ |
Westbrook voices frustrations about Vogel, Lakers' dynamics originally appeared on NBC Sports Washington
It appears the Los Angeles Lakers’ teardown might be underway, and Russell Westbrook is taking no prisoners in the process.
Westbrook spoke with the media Monday, addressing his frustrations from the team’s resistance to his style of play to internal tension between him and head coach Frank Vogel.
Westbrook spent the first 11 years of his career in Oklahoma City before being traded to the Houston Rockets in exchange for Chris Paul as the Thunder started their rebuild. Since then, he’s spent the last three seasons with three different teams -- the Rockets, the Washington Wizards and, most recently, the Lakers.
His arrival in Los Angeles was considered long overdue by many who long speculated the California native and former UCLA Bruin would return to the West Coast. However, things have not been smooth sailing since joining forces with LeBron James and Anthony Davis a year ago.
The Lakers entered the season with the second-best chances of winning an NBA title, trailing only the star-studded Brooklyn Nets. To call Los Angeles’ season a disappointment would be an understatement.
The Lakers never seemed to settle into the playoff picture, hovering around the seventh seed for much of the first half of the season. Out of the All-Star break, the Lakers’ postseason hopes turned bleaker by the day, losing 18 of their final 24 games to finish 11th in the Western Conference and out of playoff contention.
Westbrook, the 2017 NBA MVP, has earned a reputation as an intense -- sometimes streaky -- guard with incredible athleticism and a need for the ball. On Monday, he said he was “never given a fair chance” to be who he needed to be to contribute to his team upon arriving in Los Angeles.
When confronted with the outward support his teammates provided throughout the season, Westbrook pushed back.
Westbrook also chimed in on Vogel, claiming he “never really connected” with the Lakers’ head coach. He went on to say that from the get-go, he felt like he had to prove himself to Vogel.
Vogel has spent 11 seasons as an NBA head coach, joining the Lakers in 2019. In his first season in Los Angeles, the Lakers won an NBA championship, beating the Miami Heat 4-2 in the finals during the “NBA Bubble.”
In the immediate aftermath of the regular season, the Lakers reportedly planned to replace Vogel, a move that caught the head coach off guard at a press conference. Jeanie Buss and the Lakers ownership followed through on that rumor on Monday when they announced they were letting Vogel go.
As for Westbrook, it remains to be seen where he’ll land next season. The 33-year-old guard is due for $47 million this year on a five-year contract that was signed back with the Thunder. However, he has a player option this offseason that could give him some agency in where he plays next. | https://www.nbcnewyork.com/news/sports/russell-westbrook-voices-frustrations-about-frank-vogel-lakers-season/3641087/ | 2022-04-11T23:55:26 | 0 | https://www.nbcnewyork.com/news/sports/russell-westbrook-voices-frustrations-about-frank-vogel-lakers-season/3641087/ |
Skip to content
Main Navigation
Search
Search for:
Local
Weather
Investigations
Baquero
Video
TV Listings
Our Voices
Newsletters
Live TV
Share
Close
Trending
COVID-19
BA.2
Eric Adams
Astoria
Gun Violence
Times Square
Dwayne Haskins
Elon Musk
Russia-Ukraine
Supreme Court
Lifestyle
NBCLX
Expand
As Seen On
As seen on News 4 | https://www.nbcnewyork.com/on-air/as-seen-on/con-edison-investigates-manhole-explosions-in-times-square/3641029/ | 2022-04-11T23:55:33 | 1 | https://www.nbcnewyork.com/on-air/as-seen-on/con-edison-investigates-manhole-explosions-in-times-square/3641029/ |
Skip to content
Main Navigation
Search
Search for:
Local
Weather
Investigations
Baquero
Video
TV Listings
Our Voices
Newsletters
Live TV
Share
Close
Trending
COVID-19
BA.2
Eric Adams
Astoria
Gun Violence
Times Square
Dwayne Haskins
Elon Musk
Russia-Ukraine
Supreme Court
Lifestyle
NBCLX
Expand
As Seen On
As seen on News 4 | https://www.nbcnewyork.com/on-air/as-seen-on/debit-cards-for-kids-how-parents-can-teach-money-lessons/3640994/ | 2022-04-11T23:55:39 | 1 | https://www.nbcnewyork.com/on-air/as-seen-on/debit-cards-for-kids-how-parents-can-teach-money-lessons/3640994/ |
Skip to content
Main Navigation
Search
Search for:
Local
Weather
Investigations
Baquero
Video
TV Listings
Our Voices
Newsletters
Live TV
Share
Close
Trending
COVID-19
BA.2
Eric Adams
Astoria
Gun Violence
Times Square
Dwayne Haskins
Elon Musk
Russia-Ukraine
Supreme Court
Lifestyle
NBCLX
Expand
As Seen On
As seen on News 4 | https://www.nbcnewyork.com/on-air/as-seen-on/mayor-adams-holds-virtual-press-event-after-positive-covid-test/3641013/ | 2022-04-11T23:55:46 | 1 | https://www.nbcnewyork.com/on-air/as-seen-on/mayor-adams-holds-virtual-press-event-after-positive-covid-test/3641013/ |
INDIANAPOLIS — The families of many homicide victims have no answers as to who killed their loved ones.
They're mothers, fathers, sons and daughters — grieving for a loss, but have no closure.
20-year-old Elijah Ellis' family said he left for the store but never made it home. Now, they are asking for answers saying if anyone knows anything to please come forward.
"Come forward, turn yourself in," Elijah Ellis' mom, Tomeika Ellis said. "What if it was you? What if it was somebody in your family? What would you want somebody to do?"
Ellis was shot on Georgetown Road and West 47th Street, on the city's northwest side on July 29, 2021.
Police have not yet solved the homicide case.
"I just want them to do the right thing and let us have some peace about why you killed him," Charlesetta Cook, Ellis's grandmother said.
His family said Ellis had his whole life planned. His family said his plan was to go to school in Florida. After that, he wanted to go to Los Angeles to pursue an acting career. He even appeared in a Dr. Pepper commercial.
Instead of that future, he was planning, his family is now planning for a future without him.
His family said Ellis' death is part of a bigger problem, gun violence among our youth.
"I just don't understand why we have so many people, so many young people, killing each other," Cook said.
The family shared one final message to the person responsible for Ellis' death.
"It's going to catch up someday," Laurinda Horton, Ellis' godmother said. "You can't keep running. You can't keep doing things without it finally catching up to you."
If you have any information, you're asked to call crime stoppers at 317-262-TIPS. | https://www.wrtv.com/news/local-news/crime/family-seeks-answers-in-2021-homicide-of-elijah-ellis | 2022-04-11T23:57:46 | 0 | https://www.wrtv.com/news/local-news/crime/family-seeks-answers-in-2021-homicide-of-elijah-ellis |
INDIANAPOLIS — According to IMPD, there are 33 unsolved homicides so far this year.
A witness coming forward could be the answer to solving those crimes, but sometimes witnesses are scared to do so.
That’s where the Victim Witness Assistance Program comes in.
"It truly is up to the individual in terms of what happens needs to happen,” said Carlette Duffy the Deputy Director of Program Management at the Office of Public Health and Science. “Sometimes that's immediate removal from the situation."
Before the Victim Witness Assistance Program (VWAP) can help a person, who has sensitive information, they first must talk to the detective on the case. If the detective determines the witness’s life is in danger, VWAP acts.
“When we get put into gear our focus is just on safety," Duffy said.
Falisha Walker knows how it feels to want answers about a case. Her son William Walker was murdered in 2019 at a strip club that is now shut down. If not for security footage from the club and a witness that came forward, she's not sure her son’s killer would be behind bars.
"My pain still hurts,” Walker said. “I still struggle daily, and my son’s killer is arrested and doing time, but I feel no different. But the fact that I know he can't hurt your family, or someone else’s family brings me a little bit of joy. "
That’s why she and the VWAP encourage people to come forward.
"When it's something that you've seen or you've heard that it is just pressing on you, it’s our civic duty to get involved," Duffy said.
According to VWAP, if you work with them, make sure you don't talk about it with others. Your safety depends on it.
If you are a witness of a crime but are concerned the information you know could threaten your life, call the witness assistance program at 317-327-3331. | https://www.wrtv.com/news/local-news/crime/witness-assistance-program-helping-witnesses-of-crime-stay-safe | 2022-04-11T23:57:48 | 1 | https://www.wrtv.com/news/local-news/crime/witness-assistance-program-helping-witnesses-of-crime-stay-safe |
DES MOINES, Iowa (AP) — A state court judge has concluded that Democrat Abby Finkenauer cannot appear on the June 7 primary ballot for U.S. Senate, knocking off the candidate considered by many to be the party's best chance to unseat Republican U.S. Sen. Charles Grassley.
Judge Scott Beattie filed a ruling late Sunday that overturned a decision by a three-member panel of state elected officials.
The ruling stems from a lawsuit brought forth by two Republicans, Kim Schmett and Leanne Pellett, who challenged the number of signatures Finkenauer's campaign collected, the Associated Press reported.
The panel concluded last week that Finkenauer's campaign had substantially complied with Iowa law requiring at least 100 signatures from at least 19 counties.
However, Beattie said the law requires that each signature be accompanied by the date and some of Finkenauer's petition signatures didn't comply, leaving her with too few signatures.
The signatures in question were about three obtained from Allamakee and Cedar counties, CNN reported.
Finkenauer might appeal to the Iowa Supreme Court.
NBC News reported that a hearing before the Iowa Supreme Court is scheduled for Wednesday. | https://www.wrtv.com/news/national-politics/leading-iowa-democrat-knocked-off-us-senate-primary-ballot | 2022-04-11T23:57:51 | 1 | https://www.wrtv.com/news/national-politics/leading-iowa-democrat-knocked-off-us-senate-primary-ballot |
Temperatures on Earth will shoot past a key danger point unless greenhouse gas emissions fall faster than countries have committed, the world's top body of climate scientists said Monday, warning of the consequences of inaction but also noting hopeful signs of progress.
U.N. Secretary-General Antonio Guterres said the report by the Intergovernmental Panel on Climate Change revealed "a litany of broken climate promises" by governments and corporations, accusing them of stoking global warming by clinging to harmful fossil fuels.
"It is a file of shame, cataloging the empty pledges that put us firmly on track toward an unlivable world," he said.
Governments agreed in the 2015 Paris accord to keep global warming well below 3.6 degrees Fahrenheit this century, ideally no more than 2.7 degrees Fahrenheit. Yet temperatures have already increased by over 2F since pre-industrial times, resulting in measurable increases in disasters such as flash floods, extreme heat, more intense hurricanes, and longer-burning wildfires, putting human lives in danger and costing governments hundreds of billions of dollars to confront.
"Projected global emissions from (national pledges) place limiting global warming to 1.5C beyond reach and make it harder after 2030 to limit warming to 2C," the panel said.
In other words, the report's co-chair, James Skea of Imperial College London, told The Associated Press: "If we continue acting as we are now, we're not even going to limit warming to 2 degrees, never mind 1.5 degrees [Celsius]."
Ongoing investments in fossil fuel infrastructure and clearing large swaths of forest for agriculture undermine the massive curbs in emissions needed to meet the Paris goal, the report found.
Emissions in 2019 were about 12% higher than they were in 2010 and 54% higher than in 1990, said Skea.
The rate of growth has slowed from 2.1% per year in the early part of this century to 1.3% per year between 2010 and 2019, the report's authors said. But they voiced "high confidence" that unless countries step up their efforts to cut greenhouse gas emissions, the planet will on average be 4.3 to 6.3F warmer by the end of the century — level experts say is sure to cause severe impacts for much of the world's population.
"Limiting warming to 1.5C requires global greenhouse gas emissions to peak before 2025 at the latest and be reduced by 43% by 2030," he said.
Such cuts would be hard to achieve without drastic, economy-wide measures, the panel acknowledged. It's more likely that the world will pass 1.5C and efforts will then need to be made to bring temperatures back down again, including by removing vast amounts of carbon dioxide — the main greenhouse gas — from the atmosphere.
Many experts say this is unfeasible with current technologies, and even if it could be done it would be far costlier than preventing the emissions in the first place.
The report, numbering thousands of pages, doesn't single out individual countries for blame. But the figures show much of the carbon dioxide already in the atmosphere was released by rich countries that were the first to burn coal, oil, and gas beginning with the industrial revolution.
The U.N. panel said 40% of emissions since then came from Europe and North America. Just over 12% can be attributed to East Asia, which includes China. But China took over the position as the world's top emissions polluter from the United States in the mid-2000s.
Many countries and companies have used recent climate meetings to paint rosy pictures of their emissions-cutting efforts while continuing to invest in fossil fuels and other polluting activities, Guterres charged.
"Some government and business leaders are saying one thing but doing another," he said. "Simply put, they are lying. And the results will be catastrophic."
The report isn't without some hope, however.
Its authors highlight myriad ways in which the world can be brought back on track to 2C or even, with great effort, return to 1.5C after that threshold has been passed. This could require measures such as the removal of CO2 from the atmosphere with natural or artificial means, but also potentially risky technologies such as pumping aerosols into the sky to reflect sunlight.
Among the solutions recommended is a rapid shift away from fossil fuels toward renewable energy such as increasingly cheap solar and wind power, the electrification of transport, less meat consumption, more efficient use of resources, and massive financial support for poor countries unable to pay for such measures without help.
The situation is as if humanity has "gone to the doctor in a very unhealthy condition," and the doctor is saying "you need to change, it's a radical change. If you don't you're in trouble," said report co-author Pete Smith, a professor of soils and global change at the University Aberdeen.
"It's not like a diet," Smith said. "It is a fundamental lifestyle change. It's changing what you eat, how much you eat, and get on a more active lifestyle."
One move often described as "low-hanging fruit" by scientists is to plug methane leaks from mines, wells, and landfills that release the potent but short-lived greenhouse gas into the atmosphere. A pact forged between the United States and China at last year's U.N. climate conference in Glasgow aims to do just that.
"The big message we've got (is that) human activities got us into this problem and human agency can actually get us out of it again," said Skea, the panel's co-chair.
The panel's reports have become increasingly blunt since the first one was published in 1990, and the latest may be the last before the planet passes 1.5C of warming, Skea told the AP.
Last August, it said climate change caused by humans was "an established fact" and warned that some effects of global warming are already inevitable. In late February, the panel published a report that outlined how further temperature increases will multiply the risk of floods, storms, drought, and heatwaves worldwide.
Still, the British government's former chief science adviser David King, who wasn't involved in writing the report, said there are too optimistic assumptions about how much CO2 the world can afford to emit.
"We don't actually have a remaining carbon budget to burn," said King, who now chairs the Climate Crisis Advisory Group.
"It's just the reverse. We've already done too much in the way of putting greenhouse gases up there," he said, arguing that the IPCC's calculation omits new risks and potentially self-reinforcing effects already happening, such as the increased absorption of heat into the oceans from sea ice loss and the release of methane as permafrost melts.
Such warnings were echoed by U.N. chief Guterres, citing scientists' warnings that the planet is moving "perilously close to tipping points that could lead to cascading and irreversible climate impacts."
"But high-emitting governments and corporations are not just turning a blind eye; they are adding fuel to the flames," he said, calling for an end to further coal, oil, and gas extraction. "Investing in new fossil fuels infrastructure is moral and economic madness."
Vulnerable nations said the report showed big polluters have to step up their efforts before the next U.N. climate summit in Egypt this fall.
"We are looking to the G-20, to the world's biggest emitters, to set ambitious targets ahead of COP27, and to reach those targets – by investing in renewables, cutting out coal and fossil fuel subsidies," said Tina Stege, climate envoy for the Marshall Islands. "It's long past time to deliver on promises made."
Newsy is the nation’s only free 24/7 national news network. You can find Newsy using your TV’s digital antenna or stream for free. See all the ways you can watch Newsy here. | https://www.wrtv.com/news/national/earth-firmly-on-track-toward-an-unlivable-world-un-warns-in-new-climate-report | 2022-04-11T23:57:51 | 1 | https://www.wrtv.com/news/national/earth-firmly-on-track-toward-an-unlivable-world-un-warns-in-new-climate-report |
The Biden administration announced a plan to freeze federal student loan payments through Aug. 31, extending a moratorium that has allowed millions of Americans to postpone payments during the coronavirus pandemic.
As CNBC reported, the U.S. Department of Education also plans to pull millions of borrower accounts out of default and mark those accounts as current as part of the plan.
Student loan payments were scheduled to resume May 1 after being halted since early in the pandemic. But following calls from Democrats in Congress, the White House wants to give borrowers additional time to prepare for payments. The action applies to more than 43 million Americans who owe a combined $1.6 trillion in student debt held by the federal government, the Associated Press reports.
We asked Anna Helhoski, who NerdWallet relies on as their authority for all things student loans, to go over some of the key angles that borrowers need to know to maximize their money and pay off their student loans faster.
What are the top “must knows” during this time?
"First, know that you don’t have to make payments on your federal student loans until September 1, 2022, unless the pause is extended again. Second, make a plan for your loans before the payment pause ends. If you think you’ll have trouble paying your loans by September, contact your servicer now to find out about your options before repayment starts. Your best option might be enrolling in an income-driven repayment plan, which will tie the amount you pay to your income. For those who have defaulted on their student loans, the Education Department is automatically returning those loans to good standing. If you can pay down your loans before repayment restarts, consider doing so as this will help you chip away at your principal faster while interest is not accruing."
Will interest have to be repaid back later?
"No. Federal student loans have not seen interest accrue since March 2020 and won’t until September 2022. There are no payments due and you won’t owe any back payments on principal or interest. That said, if you have unpaid interest from before the payment pause that had not yet capitalized, or been added to the principal, consider paying that off before the end of the pause."
Is there any way students, current or past, can negotiate down their principal amounts for either private or public student loans?
"In a vast majority of cases, the only way to lower your principal is by paying off your loans, for both federal or private loans. A student loan settlement is a rare, but possible option, but the servicer would need to agree to it. If you need to lower your monthly student loan payments, contact your servicer or lender to see what options are available to you."
What's something we should know about the Pathway student loan program and how that can help during this time?
"Public Student Loan Forgiveness (PSLF) is a notoriously challenging program to qualify for, but the Department of Education issued a waiver through October of 2022 to expand eligibility for past payments. Most importantly, under the waiver, more payments are being counted toward the 120 needed for forgiveness. If you’ve been making payments on loans that were previously ineligible for PSLF, but you’ve been working for a qualified employer, contact your servicer to see if PSLF is available to you and the next steps you need to take."
What's one part of this discussion that needs more emphasis?
"Don’t depend on broad student loan cancellation for your student loans. Even if debt cancellation happens, it’s most likely to be a set amount. That means if your entire balance isn’t canceled, you’ll still need to continue making payments until your entire debt is cleared. The best way forward is to make sure you have a plan for when payments restart. If you’re unsure how you’ll be able to make those payments, contact your servicer now to find out your options to keep your loan in good standing. That could be enrolling in an income-driven repayment plan or it could be taking a pause, with interest accrual, through forbearance or deferment. Avoiding default is key, it happens after 270 days without making a payment."
Anna Helhoski is NerdWallet's authority on student loans. | https://www.wrtv.com/news/national/millions-in-default-to-get-fresh-start-as-biden-white-house-enacts-student-loan-payment-pause-extension | 2022-04-11T23:57:51 | 0 | https://www.wrtv.com/news/national/millions-in-default-to-get-fresh-start-as-biden-white-house-enacts-student-loan-payment-pause-extension |
(WASHINGTON) — The Pentagon’s latest assessment is that Russia is gearing up for, but has not yet begun, an intensified offensive in the Donbas.
A senior U.S. defense official said the Russians are moving more troops and materiel toward that area and are focusing many of their missile strikes there. The official spoke on condition of anonymity to discuss internal U.S. military assessments.
The official said a lengthy convoy of vehicles that is headed south toward the eastern city of Izyum contains artillery as well as aviation and infantry support, plus battlefield command-and-control elements and other materials.
The official said the convoy appeared to originate from the Belgorod and Valuyki areas in Russia, which are shaping up as key staging and marshalling grounds for the Russian buildup in the Donbas.
The official said the Russians also are bolstering their presence in the Donbas by deploying in recent days more artillery southwest of the city of Donetsk. | https://www.wrtv.com/news/national/russia-ukraine-conflict/pentagon-says-russia-preparing-for-offensive-in-donbas-focusing-missile-strikes | 2022-04-11T23:58:06 | 0 | https://www.wrtv.com/news/national/russia-ukraine-conflict/pentagon-says-russia-preparing-for-offensive-in-donbas-focusing-missile-strikes |
(UNITED NATIONS) -- The U.N. children’s agency says nearly two-thirds of all Ukrainian children have fled their homes in the six weeks since Russia’s invasion, and the United Nations has verified that 142 children have been killed and 229 injured though these numbers are likely much higher.
Manuel Fontaine, UNICEF’s emergency programs director who returned from Ukraine last week, told the U.N. Security Council on Monday that of the 3.2 million children estimated to have remained in their homes “nearly half may be at risk of not having enough food,” and attacks on water system infrastructure and power outages have left an estimated 1.4 million people in the country without access to water.
He said the situation is worse in cities like Mariupol and Kherson in the south, which have been besieged by Russian forces where children and their families have spent weeks without running water, sanitation or a regular supply of food.
“Hundreds of schools and educational facilities have been attacked or used for military purposes,” Fontaine said. “Others are serving as shelters for civilians.”
He said school closings are affecting the education of 5.7 million school-age children and 1.5 million students in higher education. | https://www.wrtv.com/news/national/russia-ukraine-conflict/united-nations-says-around-two-thirds-of-all-children-in-ukraine-have-fled-homes | 2022-04-11T23:58:12 | 0 | https://www.wrtv.com/news/national/russia-ukraine-conflict/united-nations-says-around-two-thirds-of-all-children-in-ukraine-have-fled-homes |
It's all hands on deck for Dr. Tracy Maione and her team at the Oz Animal Hospital in Chicago.
They're one of the thousands of animal clinics in the U.S. trying to keep up with a growing demand for animal care while navigating a nationwide shortage of veterinarians.
"Pretty much every veterinarian I know and every veterinary clinic I know of is dealing with a shortage right now," Maione said. "That means everyone is feeling the stress of just not having as much staff to make things go as smoothly as possible."
According to Mars Veterinary Health, with pet ownership on the rise, pet healthcare service spending is anticipated to grow 33% over the next decade. That means the industry needs to add roughly 41,000 veterinarians to the force by 2030 to meet the demand.
However, projected graduation numbers for veterinarians show that the industry will likely fall short. This is due in part to how few veterinary programs there are available and factors that limit some people from being exposed to the profession.
"Veterinary school is often a bit more difficult to get into just because we don't have that many schools," Maione said. "In certain communities, especially communities of color, there seems to not be enough applicants."
Veterinary programs require four years of schooling following the completion of an undergraduate degree.
The total cost of tuition can exceed $200,000.
But it's not just veterinarians that are in short supply. Many clinics are in desperate need of more veterinary technicians who play a critical role in the day-to-day care of animals.
"Technicians are like veterinary nurses of our industry," Maione said. "I'm really hoping that there's going to be more veterinary technical schools coming out because we really need our support staff."
The American Veterinary Medical Association is working to find ways to combat this worker shortage, and clinics are exploring new ways to reach their patients. But if those efforts are to succeed, Maione says owners need to be more understanding.
"We try our best to educate people that these are just not the times that they used to be," she said. "We used to be able to drop everything and see everyone's pet that day when they got sick. We certainly do the best that we can but it's a balancing act of that."
Newsy is the nation’s only free 24/7 national news network. You can find Newsy using your TV’s digital antenna or stream for free. See all the ways you can watch Newsy here. | https://www.wrtv.com/news/national/veterinarian-shortage-could-leave-75m-pets-without-medical-care | 2022-04-11T23:58:18 | 0 | https://www.wrtv.com/news/national/veterinarian-shortage-could-leave-75m-pets-without-medical-care |
Alabama woman says she found Apple Airtag tracking device on her car
MOBILE, Ala. (WALA/Gray News) - An Alabama woman said someone might be stalking her after she said she found a tracking device on her car.
Her father, John Price, said his daughter informed him that she got a notification on her cell phone saying she was being tracked while on her way home from work.
Price said the notification popped up on his 23-year-old daughter’s cell phone Thursday.
Frantic, he said, she called her family to figure out what to do next. While on the phone with her, Price said his daughter found an Apple Airtag on her tire’s wheel well.
Airtags are quarter-sized devices created to help users keep track of personal items like their keys, purse, or luggage through the “Find My App.”
But if it gets into the wrong hands, it can be used to track someone.
“It was just one of those really scary moments for any parent to find out that your 23-year-old daughter is being tracked,” Price said.
Price said they contacted police in Mobile, Alabama, about it, but it’s unclear at this time who the device belongs to or who put it on his daughter’s car.
According to Fox News, similar incidents have been reported across the nation. A Sports Illustrated model even claimed an Airtag was placed in her coat while she was out with friends in New York City.
Price said he put pictures from his daughter about the tracking on Facebook to warn others to check their vehicle. The post was shared more than 3,000 times in less than 24 hours.
“You never really think it’s going to pertain to you or your family until it does, and then you’re like, ‘Holy cow!’ This is my daughter,” Price said. “Hopefully it helps somebody down the road find something that’s not supposed to be there.”
Apple has some advice on its website so you can be notified if someone is stalking you with an Airtag.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.1011now.com/2022/04/11/alabama-woman-says-she-found-apple-airtag-tracking-device-her-car/ | 2022-04-12T00:01:13 | 1 | https://www.1011now.com/2022/04/11/alabama-woman-says-she-found-apple-airtag-tracking-device-her-car/ |
Remembering Anne’s Gift: Nebraska mom’s high-impact organ donation recognized during Donate Life Month
LINCOLN, Neb. (KOLN) - Right now, there are more than 100,000 Americans waiting for life-saving organ transplants. Three hundred of them are in Nebraska.
During April, which is Donate Life Month, Live On Nebraska is honoring organ-donor Anne Juarez. The Nebraska mother’s organ and tissue donation impacted 63 people in 19 states after she died in 2014.
Anne’s death happened suddenly in March of 2014. Her daughter, Ashton Juarez, said she got a call that something was wrong with her mom.
“I got a phone call,” said Ashton, “basically saying come to Lincoln, you need to get here now.”
Ashton is 10/11 Senior Reporter Bayley Bischof’s sister. Anne is their mom.
Anne had had an aneurysm on March 29. Surgery followed, but it wasn’t improving anything. Anne died the next day.
“The nature of this was so sudden,” Bayley said. “One day you had a mom, the next day you didn’t is literally what happened. That’s something we just won’t recover from.”
In a time that was so confusing for Anne’s three daughters-- Ashton, Bayley and Devan-- one thing was certain, Anne wanted to donate her organs.
“We all said goodbye, and as we were doing that they were letting us know that they were making those phone calls,” Ashton said. “It was obviously in that moment hard to hear, but then thinking back on it, it’s really incredible to know that in the moment we were saying goodbye somebody else was getting to celebrate something else that they’d been waiting for for so long.”
Anne’s daughters describe her as a woman who loved life. Anne worked as an emergency room nurse, which her daughters say was what she was meant to do. Bayley and Ashton said she loved to laugh and sing, and she even passed down her love of crochet to her girls.
And from death, Anne gave even more life.
And in giving life, she provided some comfort for Ashton, Bayley and Devan.
“Our lives go on and because of her, other peoples’ lives do too,” Ashton said.
“To be able to hug her one more time, that feeling of safety and security,” Bayley added. “I never doubted she was there for me and never doubted she would be there for me.”
Anne’s daughters said they hope a little bit of their mom’s spirit lives on in each recipient, so like her, they can love life, too.
“It adds a little bit of meaning to something that feels so unfair and meaningless,” Bayley said. “It makes it so we can find a little bit of solace to know that without her, there would be people feeling the same hurt that we are.
Copyright 2022 KOLN. All rights reserved. | https://www.1011now.com/2022/04/11/remembering-annes-gift-nebraska-moms-high-impact-organ-donation-recognized-during-donate-life-month/ | 2022-04-12T00:01:20 | 1 | https://www.1011now.com/2022/04/11/remembering-annes-gift-nebraska-moms-high-impact-organ-donation-recognized-during-donate-life-month/ |
Glasswing becomes first Latin American grantee
NEW YORK, April 11, 2022 /PRNewswire/ -- The Audacious Project announced Glasswing International as a 2021-2022 grantee and has catalyzed funding of $42M over five years for the organization to expand access to mental health support at a community level in El Salvador, Guatemala and Honduras. Glasswing is the first organization whose team and programming are based in Latin America to which The Audacious Project has committed funding, and its work will bring trauma-informed care to over 9 million Central Americans.
"With this new funding, Glasswing International's work will endeavor to ease the cycle of violence in the most vulnerable communities in El Salvador, Honduras, and Guatemala by democratizing access to mental health care," said Anna Verghese, Executive Director of The Audacious Project. "Our goal is to match bold ideas with catalytic resources, and we're proud to support Glasswing in this work."
Every year The Audacious Project – a collaborative funding initiative catalyzing big, bold solutions to the world's most urgent challenges—brings together some of the most trusted names in philanthropy to select ideas with the potential to create global change. Supporters who make Glasswing's Audacious project possible include: Charles and Lynn Schusterman Family Philanthropies; Galaxy Gives; MacKenzie Scott and Dan Jewett; Oak Foundation; The Patchwork Collective; Pivotal Ventures; Reed Hastings and Patty Quillin; Seagrape Foundation; and other anonymous donors.
"We are incredibly grateful for the support of The TED/Audacious Project community, and to those who have supported our work over the past 15 years," said Celina de Sola, Salvadoran co-founder and president of Glasswing International. "For communities that are regularly exposed to so much violence, it is critical that frontline workers - like teachers, doctors, and law enforcement - be trained to understand and address the impacts of trauma on themselves and those they serve, and equip individuals with the tools to cope and begin to recover. We believe that communities can pave their own paths to healing with this kind of knowledge and skills."
Over the last 20 years, violent crime has reached crisis proportions in Central America, disrupting millions of lives and holding back social and economic development. The challenge is most extreme in countries like El Salvador and Honduras. Traumatic events — including experiencing or witnessing violence — are linked to chronic physical and mental health problems, diminished educational and economic outcomes, and an increased likelihood to be revictimized. Trauma and violence have also led to a loss of talent as these dangers forced hundreds of thousands of young people to flee the region.
Despite high levels of violence and trauma, there are extremely few mental health supports in communities to mitigate its effects in this region. Mental health is stigmatized, and the limited services that do exist are underfunded.
With The Audacious Project grant, over the next five years, Glasswing will integrate self-care and trauma-informed practices in over 2,000 institutions - including schools, police precincts and healthcare facilities - in 25 of the highest-risk municipalities in the Northern Triangle.
The project is expected to reduce negative effects of trauma for trained individuals and those they interact with, including improved emotional regulation and coping skills for all trained individuals, increased protective factors for students at participating schools, and a reduction in violence, a core contributor to and consequence of trauma. This includes reduced rates of teacher stress and peer-to-peer violence in participating schools, reduced rates of reinjury among hospital patients, higher levels of emotional regulation among police officers, and an increased overall perception of safety in the community.
For more information on Glasswing's Audacious project, visit: www.audaciousproject.org/grantees/glasswing-international and https://glasswing.org/ouraudaciousproject/
Media Contact:
Jaime Horn
Jaime@JLH-Strategies.com
202-308-8810
About Glasswing International
Founded in 2007, Glasswing International is a non-profit organization that addresses the root causes of poverty and violence through education and health programs that empower youth and communities, and strengthen public systems. Its cross-sector approach creates partnerships with international and local governments, businesses, NGOs, and civil society. Since its founding, Glasswing International has impacted the lives of over 1.5 million individuals in Latin America, the Caribbean, and the United States.
The Audacious Project
Launched in April 2018, The Audacious Project is a collaborative funding initiative that's catalyzing social impact on a grand scale. Housed at TED, the nonprofit devoted to Ideas Worth Spreading, and with support from leading social impact advisor The Bridgespan Group, The Audacious Project convenes funders and social entrepreneurs with the goal of supporting bold solutions to the world's most urgent challenges. The funding collective is made up of respected organizations and individuals in philanthropy, including the Skoll Foundation, Virgin Unite, The Valhalla Charitable Foundation, ELMA Philanthropies and more. The Audacious Project works with the Science Philanthropy Alliance to identify and vet high-quality basic science projects. Each year The Audacious Project supports a new cohort. The 2021-2022 recipients are The Center for Tech and Civic Life, ClimateWorks: Drive Electric, Code for America, Glasswing International, The International Refugee Assistance Project, myAgro, Noora Health, The Tenure Facility, and Woodwell Climate Research Center.
View original content to download multimedia:
SOURCE GLASSWING INTERNATIONAL USA | https://www.1011now.com/prnewswire/2022/04/11/42-million-funding-catalyzed-by-audacious-project-glasswing-international-will-make-mental-health-support-accessible-over-9-million-central-americans/ | 2022-04-12T00:01:26 | 1 | https://www.1011now.com/prnewswire/2022/04/11/42-million-funding-catalyzed-by-audacious-project-glasswing-international-will-make-mental-health-support-accessible-over-9-million-central-americans/ |
COLUMBUS, Ga., April 11, 2022 /PRNewswire/ -- Aflac Incorporated today announced that Teresa L. White, president, Aflac U.S., will retire effective March 31, 2023. A veteran in the financial services industry with more than two decades of experience leading operations and driving revenue growth, Teresa has created a vision for Aflac U.S. and has been a steady force in the execution of the company's long-term strategy.
Under Teresa's leadership, Aflac reshaped its internal processes to adapt to the changing dynamics of the marketplace, and expanded technology innovation with tools and solutions designed to both support sales growth and to reimagine the customer experience. She is responsible for driving a carefully designed strategy aimed to expand both distribution and product offering, including standing up the broker distribution channel and launching the consumer markets platforms, as well as actively onboarding strategic acquisitions like Empowered Benefit, Aflac Northern Ireland, Argus and Zurich. During her tenure, Aflac has realized record all-time annual new sales and record premium persistency.
"Teresa embodies Aflac's culture at its best and is a shining example of compassionate and caring leadership combined with a deep understanding of our business and what it takes to deliver operational excellence and revenue growth," said Dan Amos, Aflac CEO and Chairman of the Board. "Teresa helped shape and nurture Aflac's unique culture – the impact and depth of her contributions to our organization will remain with us for many years to come. We are immensely grateful to Teresa for her dedication, passion and resolve over the years and wish her nothing but the best in this next chapter."
A charismatic and dynamic leader, Teresa has been an inspiration for both leadership and employees, and tireless in her pursuit of fostering an inclusive and diverse workforce. A recipient of numerous awards, including Forbes' 50 Over 50: Investment for 2021, Savoy's 2020 Most Influential Black Executives in Corporate America and Black Enterprise's Most Powerful Women in Corporate America, Teresa is passionate about employee development and empowerment as the cornerstone to Aflac's strategy for future growth.
"Serving as Aflac U.S. president has been the honor of a lifetime. I have been extremely fortunate to work alongside most respected and innovative team in the industry, and I am grateful for all the ways they have enriched my life both personally and professionally," said Teresa White, president, Aflac U.S. "During my long tenure with the company, I have had the honor to develop strong relationships with our independent sales agents and brokers. They have been valuable partners in this journey, and I am proud of what we have accomplished together. Ultimately, I know our teams will continue driving our strategy with the same level of energy and commitment. I look forward to working with the leadership team to ensure a smooth transition."
As Aflac executive leadership solidifies its plans to name Teresa's successor, the company will continue to focus on driving sales growth, increasing premium persistency and leveraging investments in technology to enable better connections that will ultimately result in more purposeful and caring customer service.
ABOUT AFLAC INCORPORATED
Aflac Incorporated (NYSE: AFL) is a Fortune 500 company helping provide protection to more than 50 million people through its subsidiaries in Japan and the U.S., where it is a leading supplemental insurer by paying cash fast when policyholders get sick or injured. For more than six decades, insurance policies of Aflac Incorporated's subsidiaries have given policyholders the opportunity to focus on recovery, not financial stress. In the U.S., Aflac is the number one provider of voluntary/worksite insurance products. Aflac Life Insurance Japan is the leading provider of medical and cancer insurance in Japan, where it insures 1 in 4 households. In 2021, Aflac Incorporated was proud to be included as one of the World's Most Ethical Companies by Ethisphere for the 16th consecutive year. Also in 2021, the company was included in the Dow Jones Sustainability North America Index and became a signatory of the Principles for Responsible Investment (PRI). In 2022, Aflac Incorporated was included on Fortune's list of World's Most Admired Companies for the 21st time and Bloomberg's Gender-Equality Index for the third consecutive year. To find out how to get help with expenses health insurance doesn't cover, get to know us at aflac.com or aflac.com/español. Investors may learn more about Aflac Incorporated and its commitment to ESG and social responsibility at investors.aflac.com under "Sustainability."
Aflac herein means American Family Life Assurance Company of Columbus and American Family Life Assurance Company of New York.
Media contact – Jon Sullivan, 706-763-4813 or jsullivan@aflac.com
Analyst and investor contact – David A. Young, 706-596-3264, 800-235-2667 or dyoung@aflac.com
View original content to download multimedia:
SOURCE Aflac | https://www.1011now.com/prnewswire/2022/04/11/aflac-incorporated-announces-retirement-teresa-l-white-president-aflac-us/ | 2022-04-12T00:01:33 | 0 | https://www.1011now.com/prnewswire/2022/04/11/aflac-incorporated-announces-retirement-teresa-l-white-president-aflac-us/ |
LINCOLN, Neb., April 11, 2022 /PRNewswire/ -- The latest Sandhills Global market report on the aviation industry indicates an across-the-board, month-over-month expansion in pre-owned inventory, although the number of available aircraft remains markedly low compared to a year ago. Values in Sandhills marketplaces continued to ascend in most categories despite the new breathing room provided by the inventory increase.
Sandhills' aviation products include Controller, Controller EMEA, Executive Controller, Charter Hub, Aviation Trader, Aircraft Cost Calculator, and AircraftEvaluator. AircraftEvaluator is Sandhills' proprietary asset valuation tool for all types of aircraft, built using the same technology behind FleetEvaluator. Widely used and trusted across equipment, truck, and trailer industries, FleetEvaluator identifies asset values with unparalleled accuracy.
The key metric used in all of Sandhills' market reports is the Sandhills Equipment Value Index (EVI). Buyers and sellers can use the information in Sandhills EVI to monitor equipment markets and maximize returns on acquisition, liquidation, and related business decisions.
Chart Takeaways
This report includes detailed analysis of asking values and inventory trends in the worldwide used aircraft market along with charts that help readers visualize the data. This report describes and quantifies important trends in the buying and selling of used piston single, turboprop, and jet aircraft.
U.S. and Canada Used Piston Single Aircraft
- The Sandhills EVI for piston single aircraft in the U.S. and Canada logged a 23.8% year-over-year rise in asking values in March 2022. As compared to the previous month, values decreased slightly from February 2022's 24.2% YOY figure.
- Piston single inventory in March 2022 rebounded with a 12-percentage point gain over the month prior. On a YOY basis, inventory levels were down 20.7% overall.
U.S. and Canada Used Turboprop Aircraft
- In the turboprop category, the Sandhills EVI showed a 23.0% YOY increase in asking values in the U.S. and Canadian markets. Aircraft values were approximately $1.7 million in March 2022 compared to $1.4 million in March 2021.
- Inventory of turboprop aircraft improved by 3.4 percentage points over the month prior, but was still down by 66.5% YOY.
Global Used Jet Aircraft
- As illustrated in the accompanying chart, Sandhills market reports break out the jet aircraft category into Light, Mid, Super Mid, and Large classes.
- On a worldwide basis, Sandhills EVI asking values for jets in the Large class were elevated by 21.1% YOY. M/M values for March rose to $21.0 million from $20.3 million in February.
- Jet aircraft inventory in the Large class was down 61.1% YOY in March but reflected a 2-percentage-point increase from February. Additional jet YOY values segmented by class include:
Obtain the Full Report
For more information, or to receive detailed analysis from Sandhills Global, contact us at marketreports@sandhills.com.
About Sandhills Global
Sandhills Global is an information processing company headquartered in Lincoln, Nebraska. Our products and services gather, process, and distribute information in the form of trade publications, websites, and online services that connect buyers and sellers across the aviation, construction, agriculture, and commercial trucking industries. Our integrated, industry-specific approach to hosted technologies and services offers solutions that help businesses large and small operate efficiently and grow securely, cost-effectively, and successfully. Sandhills Global—we are the cloud.
About the Sandhills Equipment Value Index
The Sandhills Equipment Value Index (EVI) is a principal gauge of the estimated market values of used assets—both currently and over time—across the construction, agricultural, commercial trucking, and aviation industries represented by Sandhills Global marketplaces, including Controller.com, AuctionTime.com, TractorHouse.com, MachineryTrader.com, TruckPaper.com, and other industry-specific equipment platforms. Powered by FleetEvaluator and AircraftEvaluator, Sandhills' proprietary asset valuation tools, Sandhills EVI provides useful insights into the ever-changing supply-and-demand conditions for each industry.
Contact Sandhills
www.sandhills.com/contact-us
402-479-2181
View original content to download multimedia:
SOURCE Sandhills Global | https://www.1011now.com/prnewswire/2022/04/11/aircraft-inventory-levels-improve-across-categories-values-still-rising-or-holding/ | 2022-04-12T00:01:41 | 0 | https://www.1011now.com/prnewswire/2022/04/11/aircraft-inventory-levels-improve-across-categories-values-still-rising-or-holding/ |
CALABASAS, Calif., April 11, 2022 /PRNewswire/ -- American Homes 4 Rent (NYSE: AMH) today announced that the Company will release its first quarter 2022 financial and operating results on Thursday, May 5, 2022, after the market closes. The Company will host a conference call on Friday, May 6, 2022, at 12:00 p.m. Eastern Time to review first quarter results, discuss recent events, and conduct a question and answer period.
About American Homes 4 Rent
American Homes 4 Rent (NYSE: AMH) is a leader in the single-family home rental industry and "American Homes 4 Rent" is a nationally recognized brand for rental homes, known for high-quality, good value and resident satisfaction. We are an internally managed Maryland real estate investment trust, or REIT, focused on acquiring, developing, renovating, leasing, and operating attractive, single-family homes as rental properties. As of December 31, 2021, we owned 57,024 single-family properties in selected submarkets in 22 states.
Additional information about American Homes 4 Rent is available on our website at http://www.americanhomes4rent.com.
Contacts:
American Homes 4 Rent
Investor Relations
Nicholas Fromm
Phone: (855) 794-2447
Email: investors@ah4r.com
American Homes 4 Rent
Media Relations
Megan Grabos
Phone: (805) 413-5088
Email: media@ah4r.com
View original content to download multimedia:
SOURCE American Homes 4 Rent | https://www.1011now.com/prnewswire/2022/04/11/american-homes-4-rent-announces-dates-first-quarter-2022-earnings-release-conference-call/ | 2022-04-12T00:01:47 | 1 | https://www.1011now.com/prnewswire/2022/04/11/american-homes-4-rent-announces-dates-first-quarter-2022-earnings-release-conference-call/ |
ATLANTA, April 11, 2022 /PRNewswire/ -- Today, Cox Enterprises announced that Andrew Davis has joined the company as senior vice president of strategy. In this role, Davis will oversee strategic planning, new business development and the company's sustainability teams, to ensure the best use of resources for growth and profitability. He'll work with senior leaders across the company to develop, facilitate and align long-range goals and objectives.
"I'm looking forward to working with Andrew to build the future of Cox," said Dallas Clement, president and CFO, Cox Enterprises. "Cox has ambitious growth aspirations and Andrew's experience will be invaluable in helping us to hit these aggressive goals."
Davis joins Cox from T. Rowe Price Associates where he was the director of private placements in the U.S. equity division. There, he was responsible for management of sourcing, due diligence, ongoing analysis and external relationships for T. Rowe Price's private growth equity investments. Davis also spent time as a manager in the business valuation group at Deloitte Financial Advisory Services.
"Cox is a company dedicated to building for the future," said Davis. "Even though they have many well-established businesses, they continue to explore outside opportunities in other areas, including a big focus on sustainability. I'm excited and honored to join a company with a long-lasting legacy that's also focused on the future."
Davis has an MBA in Economics and Finance from The University of Chicago Booth School of Business and earned his bachelor's degree from Berry College in Business Administration, Finance.
About Cox Enterprises
Cox Enterprises is dedicated to building a better future through our leading communications, automotive and media companies. Our major operating subsidiaries include Cox Communications and Cox Automotive, and we are strategically investing in new industries and emerging technologies, with sizeable interests in clean technology and health care. Headquartered in Atlanta, Georgia, Cox is a global company with nearly $20 billion in annual revenues and brands that include Autotrader, Kelley Blue Book and Cox Homelife. Founded in 1898 by Ohio Governor James M. Cox, the company is a family-owned business committed to its people, communities and planet. To learn more about Cox, visit coxenterprises.com, view our collective impact report at coxcsrreport.com, or follow us on Twitter via @CoxEnterprises or @AlexTaylor_Cox.
View original content to download multimedia:
SOURCE Cox Enterprises | https://www.1011now.com/prnewswire/2022/04/11/andrew-davis-joins-cox-enterprises-senior-vice-president-strategy/ | 2022-04-12T00:01:54 | 1 | https://www.1011now.com/prnewswire/2022/04/11/andrew-davis-joins-cox-enterprises-senior-vice-president-strategy/ |
NORTHBOROUGH, Mass., April 11, 2022 /PRNewswire/ -- Aspen Aerogels, Inc. (the "Company") (NYSE: ASPN) today announced that Don Young, Chief Executive Officer, and Ricardo Rodriguez, Chief Financial Officer, expect to discuss the Company's results for the first quarter ended March 31, 2022, during a conference call scheduled for Thursday, April 28, 2022, at 8:30 a.m. EDT. The Company also expects to release financial results for the first quarter on Thursday, April 28, 2022, prior to the market open.
Shareholders and other interested parties may participate in the conference call by dialing 844-200-6205 (domestic) or +1 929-526-1599 (international) and referencing conference ID "313156" a few minutes before 8:30 a.m. EDT on April 28, 2022. In addition, the conference call and an accompanying slide presentation will be available live as a listen-only webcast hosted on the Investors section of Aspen's website, www.aerogel.com.
A replay of the webcast will be available on the Investors section of the Aspen Aerogels website at www.aerogel.com, where it will remain available for approximately one year after the conference call.
About Aspen Aerogels, Inc.
Aspen is a technology leader in sustainability. The Company's aerogel technology enables its customers and partners to achieve their own objectives around the global megatrends of resource efficiency, electrification and sustainability. Aspen's PyroThin® thermal barrier products enable solutions to thermal runaway challenges within the electric vehicle and energy storage markets. The Company's carbon aerogel program seeks to increase the performance of lithium-ion battery cells to enable EV manufacturers to extend the driving range and reduce the cost of electric vehicles. Aspen's Spaceloft® sustainable building materials provide industry-leading energy efficiency and fire safety to building owners. The Company's Cryogel® and Pyrogel® products are valued by the world's largest energy infrastructure companies. Aspen's strategy is to partner with world-class industry leaders to leverage its Aerogel Technology Platform™ into additional high-value markets. Headquartered in Northborough, MA, Aspen manufactures its products at its East Providence, R.I. facilities. For more information, please visit www.aerogel.com.
View original content:
SOURCE Aspen Aerogels, Inc. | https://www.1011now.com/prnewswire/2022/04/11/aspen-aerogels-inc-schedules-first-quarter-2022-earnings-release-conference-call-april-28-2022/ | 2022-04-12T00:02:01 | 0 | https://www.1011now.com/prnewswire/2022/04/11/aspen-aerogels-inc-schedules-first-quarter-2022-earnings-release-conference-call-april-28-2022/ |
CHICAGO, April 11, 2022 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce the appointment of Jonathan Bluth to Managing Director within its Healthcare & Life Sciences industry team. Jonathan is based in Los Angeles and will help expand BGL's reach to an even broader national network of clients across Healthcare Provider Services and Outsourcing & Healthcare Information Technology, focusing on physician practices, outpatient services, and outsourced services.
"BGL continues to build out our team across all of our coverage sectors in healthcare and life sciences. Jonathan's experience and relationships will support our growth trajectory," said John Riddle, Head of BGL's Healthcare & Life Sciences vertical. "Jonathan's multidisciplinary background provides him with a unique perspective, enabling him to leverage his consulting, corporate finance, and investment banking experience to advise clients regarding their strategic growth objectives. Our clients will benefit tremendously from his insight and extensive network, and we are thrilled to have him on board."
Jonathan has more than 22 years of professional experience in the healthcare industry, advising physician groups, revenue cycle companies, diagnostics businesses, and various other specialty service providers through a variety of strategic M&A and capital market transactions. He is a frequent speaker on healthcare M&A and was recognized by the Los Angeles Business Journal as a "Trusted Healthcare Advisor" in 2021 and an "Influential Investment Banker" in 2018.
Prior to joining BGL, Jonathan was the co-head of healthcare at Intrepid Investment Bankers LLC, and held investment banking positions at Deloitte Corporate Finance LLC and Cowen and Company. Jonathan was a member of the revenue cycle consulting practices at Cap Gemini Ernst & Young and Navigant, where he was a subject matter specialist in patient access redesign and process improvement. He also held senior corporate finance positions with Vantage Oncology, Inc. and Alliance HealthCare Services.
"I am very excited to join the strong healthcare practice at BGL," said Bluth. "I look forward to bringing BGL's sophistication, breadth, and depth to future healthcare clients to help them find strong partners, unlock maximum values for their businesses, and exceed their strategic objectives."
Jonathan received his MBA from the UCLA School of Management and has a B.A. in history and sociology of science (with a concentration in healthcare systems) from the University of Pennsylvania.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company (BGL) is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public corporations and private equity groups on mergers and acquisitions, capital markets, financial restructurings, business valuations and opinions, and other strategic matters. BGL has investment banking offices in Chicago, Cleveland, and Philadelphia, and real estate offices in Chicago, Cleveland, and San Antonio. The firm is also a founding member of Global M&A Partners, enabling BGL to service clients in more than 30 countries around the world. Securities transactions are conducted through Brown, Gibbons, Lang & Company Securities, Inc., an affiliate of Brown Gibbons Lang & Company LLC and a registered broker-dealer and member of FINRA and SIPC. For more information, please visit www.bglco.com.
View original content to download multimedia:
SOURCE Brown Gibbons Lang & Company | https://www.1011now.com/prnewswire/2022/04/11/bgl-welcomes-jonathan-bluth-managing-director-healthcare-amp-life-sciences/ | 2022-04-12T00:02:09 | 0 | https://www.1011now.com/prnewswire/2022/04/11/bgl-welcomes-jonathan-bluth-managing-director-healthcare-amp-life-sciences/ |
WASHINGTON, April 11, 2022 /PRNewswire/ -- On Tuesday, April 12, the Council on American-Islamic Relations (CAIR) and its counsel, the Communications & Technology Law Clinic (CTLC) at Georgetown University Law Center, plan to hold a news conference at CAIR'S Washington, D.C., headquarters to announce the filing of a Federal Trade Commission (FTC) complaint over alleged deceptive and unfair practices used to extract personal data from Muslim app users for potential use in warrantless surveillance.
CAIR and CTLC are requesting that the FTC investigate and enforce "potential violations of Section 5 of the Federal Trade Commission Act across the location data industry."
WHAT: CAIR and CTLC News Conference on Deceptive Extraction of Muslim App Users' Data
WHEN: Tuesday, April 12, 11 a.m.
WHERE: CAIR Capitol Hill Headquarters, 453 New Jersey Avenue, SE, Washington, D.C.
CONTACT: CAIR Senior Litigation Attorney Gadeir Abbas, 720-251-0425, gabbas@cair.com; CAIR National Deputy Director Edward Ahmed Mitchell, 404-285-9530, e-Mitchell@cair.com
LIVESTREAMING: https://www.facebook.com/CAIRNational
"The FTC must take action to protect Muslim consumers from surreptitious collection and unconsented dissemination of their location data," said CAIR Senior Litigation Attorney Gadeir Abbas. "The FTC is the federal agency with sufficient authority to end these troubling practices by the location data industry."
"Actors in the location data industry consistently violate the trust of consumers, increasing the risk that their movements will be tracked for unscrupulous purposes," said Luke Evans, a student in the Georgetown Law clinic representing CAIR on the complaint.
"These unfair and deceptive trade practices violate the FTC Act and infringe on the constitutionally protected freedoms of millions of Americans," said Quinten Stewart, another student in the clinic.
CTLC works on matters at the intersection of law and technology. The clinic advocates on behalf of nonprofit organizations and individuals seeking to advance policies that promote the use of technologies to serve underrepresented groups.
CAIR's mission is to protect civil rights, enhance understanding of Islam, promote justice, and empower American Muslims.
To join CAIR's media list, go to: https://action.cair.com/a/newsletters
CONTACT: CAIR Senior Litigation Attorney Gadeir Abbas, 720-251-0425, gabbas@cair.com; CTLC Director Prof. Laura Moy, 202-662-9547, Laura.Moy@georgetown.edu; CTLC Teaching Fellow Victoria Tang, 202-662-9543, Victoria.Tang@georgetown.edu; CTLC Student Attorney Luke Evans, 614-564-7221, lse14+clinic@georgetown.edu; CTLC Student Attorney Quinten Stewart, 704-247-0030, qas8+clinic@georgetown.edu; CAIR National Communications Director Ibrahim Hooper, 202-744-7726, ihooper@cair.com; Georgetown Law Office of Communications, mediarelations@law.georgetown.edu
View original content:
SOURCE Council on American-Islamic Relations (CAIR) | https://www.1011now.com/prnewswire/2022/04/11/cair-georgetown-law-clinic-announce-filing-ftc-complaint-response-deceptive-unfair-extraction-personal-data-muslim-apps-use-warrantless-surveillance/ | 2022-04-12T00:02:17 | 0 | https://www.1011now.com/prnewswire/2022/04/11/cair-georgetown-law-clinic-announce-filing-ftc-complaint-response-deceptive-unfair-extraction-personal-data-muslim-apps-use-warrantless-surveillance/ |
Cleco Power Launches Major Louisiana Economic Initiative: Project Diamond Vault
Published: Apr. 11, 2022 at 4:51 PM CDT|Updated: 2 hours ago
$9 Million in Congressional Funding Secured to Support Engineering Study
PINEVILLE, La., April 11, 2022/PRNewswire/ -- Cleco Power is investing in the development of a new, state-of-the-art carbon capture facility located in the heart of central Louisiana at the Brame Energy Center. Project Diamond Vault, which will begin with a Front End Engineering Design (FEED) study, will re-engineer Cleco's existing Madison 3 plant to reduce 95% or more of its carbon dioxide emissions through carbon capture and sequestration (CCS) technology.
"Diamond Vault will bring Cleco to the forefront of environmentally friendly energy production," President and CEO, Cleco Corporate Holdings LLC, Bill Fontenot said.
"Our organization has been honored to work collaboratively with Louisiana Economic Development (LED) to bring this innovative technology to our state through the FEED study, which will ensure the advancement of the energy industry and support the health and well-being of our communities," Fontenot said.
Diamond Vault will be one of the first American projects to capture the existing CO2 emissions of a power plant and sequester them in geological formations. Madison 3 already has low emissions of sulfur dioxide, nitrogen oxides and particulates because of its use of advanced combustion technology and pollution control measures. The installation of CCS technology through Diamond Vault will ensure that Madison 3 remains a state-of-the-art solid fuel plant.
Diamond Vault is expected to create an average of 1,100 direct construction jobs over a three-year period and 30-40 new permanent positions. On a statewide basis, LSU economist Dr. Loren Scott estimates that Diamond Vault, during the construction period, will create an average of 2,900 jobs each year, inject $2.7 billion in increased sales and household earnings into the Louisiana economy and produce $50 million in increased state tax revenues. Construction of Diamond Vault is expected to begin in 2025 and commercial operation is planned for 2028.
The FEED study for Diamond Vault will take about 18 months to complete and is projected to cost approximately $12 million. Cleco has secured a $9 million congressional appropriation to be administered and disbursed by LED which will help to defray the FEED study cost. After the study, Cleco plans to raise project capital funding of approximately $900 million through tax credits, Department of Energy grants and private equity investment.
Diamond Vault was unveiled during a press announcement on April 11 and has been in planning by Cleco with the support of political leaders and LED for more than a year. United States Senator Bill Cassidy, M.D. was instrumental in advancing the project through his sponsorship of FEED study funding in the enacted 2022 Omnibus Appropriations Bill.
Cleco has retained expert assistance to bring Project Diamond Vault to fruition. Sargent & Lundy, a Chicago-based global power and energy design firm, is serving as owner's engineer. Battelle, a private nonprofit dedicated to scientific and technological commercialization and advancement, is advising on the characterization of geological storage capacity, permitting and storage operations.
"Our customers deserve a world where anyone can access clean power. We invest in these efficiency and optimization technologies today, so that our communities can experience a brighter future tomorrow," Fontenot said.
About Cleco Power LLC Cleco Power is a regulated electric public utility company that owns nine generating units with a rated capacity of 3,035 MWs and serves approximately 291,000 customers in Louisiana through its retail business and supplies wholesale power in Louisiana and Mississippi. For more information about Cleco, visit www.cleco.com.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.1011now.com/prnewswire/2022/04/11/cleco-power-launches-major-louisiana-economic-initiative-project-diamond-vault/ | 2022-04-12T00:02:24 | 0 | https://www.1011now.com/prnewswire/2022/04/11/cleco-power-launches-major-louisiana-economic-initiative-project-diamond-vault/ |
Shorter Protocol is an infrastructure remolding the way of shorting tokens.
MIAMI, April 11, 2022 /PRNewswire/ -- Finance on DeFi keeps getting more refined, with an eye to really taking on the banks. Shorter Protocol, a decentralized shorting infrastructure that will work on multiple blockchains at once, has raised $4 million in a round led by IDG Capital. Circle Ventures, Hedgue Fund, Halls Investment, NFV, and others also joined this angel round.
IPI Labs, the startup behind Shorter, has not previously raised funding, though the startup has long been courting attention from VCs eager to back a gifted player in the DeFi craze. It builds this unprecedented infrastructure that has brought margin trading and real-time physical delivery to the land of decentralized derivatives trading so users can short any tokens, with the ability to submit orders 100% on chain.
Since Shorter is EVM-compatible, users of Ethereum, BNB Chain and other EVM-compatible chains will be able to interact with Shorter using familiar tools like MetaMask.
The IPI team currently stands at over 80 members, which include analysts, developers and crypto experts. "The team is expected to grow to over 150 by the end of this year and potentially as large as 200 by 2023, it wouldn't take a long time to play out for Shorter", co-founder Brady said. He believes that long-term engagement in a nascent infrastructure will present enormous value when the needs from professional traders are met.
Over time, IPI Labs is increasingly doubling down on its position. Earlier this year, the startup announced it started to cooperate with a number of exchanges and wallets. Shorter Protocol launched its testnet this spring with a mainnet launch shortly thereafter.
View original content:
SOURCE IPI Labs | https://www.1011now.com/prnewswire/2022/04/11/crypto-shorting-protocol-shorter-lands-4m-raise-led-by-idg-capital/ | 2022-04-12T00:02:31 | 1 | https://www.1011now.com/prnewswire/2022/04/11/crypto-shorting-protocol-shorter-lands-4m-raise-led-by-idg-capital/ |
TORONTO, April 11, 2022 /PRNewswire/ - Electra Battery Materials Corporation (TSXV: ELBM) (OTCQX: ELBMF) ("Electra" or the "Company") announces that effective at the close of business on April 12, 2022, the Company will consolidate (the "Consolidation") its outstanding common share capital on the basis of one (1) post-Consolidation share for every eighteen (18) pre-Consolidation shares. At the opening of markets on April 13, 2022, the common shares of the Company will commence trading on a post-Consolidation basis under the existing ticker symbol "ELBM" and the new CUSIP: 28474P201.
The Consolidation is being undertaken in preparation for a potential listing of the common shares of the Company on The Nasdaq Stock Market LLC ("Nasdaq"). The Consolidation was previously approved by shareholders of the Company at the annual general and special meeting held on December 2, 2021.
As of the date of this news release, the Company has 562,414,189 common shares issued and outstanding. Following completion of the Consolidation, the Company is expected to have approximately 31,245,233 common shares issued and outstanding. The exercise price and number of common shares issuable upon the exercise of the Company's outstanding options, warrants and convertible notes will also be proportionally adjusted upon completion of the Consolidation.
A letter of transmittal will be mailed to registered shareholders once the Consolidation has taken effect. The letter of transmittal contains instructions on how registered shareholders can exchange their share certificates evidencing their pre-Consolidation shares for new share certificates representing the number of post-Consolidation shares to which they are entitled.
Beneficial shareholders holding their shares through a brokerage may be subject to different procedures for obtaining their post-Consolidation shares. If shareholders have any questions in this regard, they are encouraged to contact their respective brokerage or intermediary.
Readers are cautioned that while the Company has applied for listing on Nasdaq, completion of a listing is subject to regulatory approvals and the satisfaction of applicable listing requirements. There can be no assurance that a listing will be completed, and in the event a listing is completed it is contemplated that the common shares of the Company would continue to trade in Canada on the TSX Venture Exchange.
Electra is planning to build a fully integrated, localized and environmentally sustainable battery materials park. Leveraging the Company's own mining assets and business partners, the Electra Battery Materials Park is expected to host cobalt and nickel sulfate production plants, a large-scale lithium-ion battery recycling facility, and battery precursor materials production, which will serve both North American and global customers. Electra also owns the advanced exploration-stage Iron Creek cobalt-copper project in Idaho, USA. Electra Battery Materials is an integral part of the North American battery supply chain, providing low-carbon, sustainable and traceable raw materials for the region's fast growing electric vehicle industry.
On behalf of Electra Battery Materials.
Trent Mell
Chief Executive Officer
For more information visit www.ElectraBMC.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain forward-looking statements and forward-looking information (together, "forward-looking statements") within the meaning of applicable securities laws and the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, are forward-looking statements. Generally, forward-looking statements can be identified by the use of terminology such as "plans", "expects', "estimates", "intends", "anticipates", "believes" or variations of such words, or statements that certain actions, events or results "may", "could", "would", "might", "occur" or "be achieved". Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, and opportunities to differ materially from those implied by such forward-looking statements. Factors that could cause actual results to differ materially from these forward-looking statements are set forth in the management discussion and analysis and other disclosures of risk factors for Electra Battery Materials Corporation, filed on SEDAR at www.sedar.com. Although Electra Battery Materials Corporation believes that the information and assumptions used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed times frames or at all. Except where required by applicable law, Electra Battery Materials Corporation disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
View original content to download multimedia:
SOURCE Electra Battery Materials Corporation | https://www.1011now.com/prnewswire/2022/04/11/electra-confirms-effective-date-share-consolidation/ | 2022-04-12T00:02:38 | 1 | https://www.1011now.com/prnewswire/2022/04/11/electra-confirms-effective-date-share-consolidation/ |
TROY, Mich., April 11, 2022 /PRNewswire/ -- Electric Last Mile Solutions, Inc. (Nasdaq: ELMS; ELMSW) ("ELMS" or the "Company"), today announced that it has received a notice from The Nasdaq Stock Market LLC ("Nasdaq") stating that because the Company has not yet filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 (the "Form 10-K"), the Company is no longer in compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic reports with the Securities and Exchange Commission (the "SEC"). The notification letter has no immediate effect on the listing or trading of the Company's common stock on the Nasdaq Global Select Market.
Nasdaq indicated that the Company must submit a plan within 60 calendar days from April 1, 2022, or no later than May 31, 2022, addressing how it intends to regain compliance with Nasdaq's listing rules. If Nasdaq accepts the Company's plan, it may grant the Company an extension of up to 180 calendar days from the Form 10-K original filing due date, or until September 27, 2022, to regain compliance.
The Company previously discussed the circumstances behind the late filing of the Form 10-K in the Notification of Late Filing on Form 12b-25 (the "Notification"), filed with the SEC on April 1, 2022. The Company's management is working diligently to complete the Form 10-K and intends to file the Form 10-K as soon as practicable, but does not expect to do so within the timeframe specified by Rule 12b-25 for the reasons discussed in the Notification.
About Electric Last Mile Solutions, Inc.
Electric Last Mile Solutions, Inc. (Nasdaq: ELMS; ELMSW) is focused on defining a new era in which commercial vehicles run clean as connected and customized solutions that make our customers' businesses more efficient and profitable. ELMS is headquartered in Troy, Michigan. For more information, please visit www.electriclastmile.com.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. The Company's actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as "expect," "estimate," "project," "budget," "forecast," "anticipate," "intend," "plan," "may," "will," "could," "should," "believes," "predicts," "potential," "continue," and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, the possibility of the Company's common stock becoming delisted from the Nasdaq Global Select Market and the Company's timeframe for filing the Form 10-K. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside the Company's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) the inability to recognize the anticipated benefits of the business combination, which may be affected by, among other things, competition and the ability of the Company to grow and manage growth profitably and retain its key employees; (2) changes in applicable laws or regulations; (3) the possibility that the Company may be adversely affected by other economic, business, and/or competitive factors; (4) the impact of COVID-19 on the Company's business; (5) any delays the Company may experience in realizing its projected timelines and cost and volume targets for the production, launch and ramp up of production of the Company's vehicles and the modification of its manufacturing facility; (6) the ability of the Company to obtain customers, obtain product orders, and convert its non-binding pre-orders into binding orders or sales; (7) the Company's ability to implement its business plans and strategies; and (8) other risks and uncertainties described in the "Risk Factors" section of the Company's Quarterly Report on Form 10-Q for the quarter ended June 30, 2021 and in the Company's other filings with the Securities and Exchange Commission, including the Company's Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, and in the Company's future filings with the Securities and Exchange Commission. Some of these risks and uncertainties may in the future be amplified by the COVID-19 outbreak and there may be additional risks that the Company considers immaterial or which are unknown. The Company cautions that the foregoing list of factors is not exclusive. The Company cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. The Company does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based.
View original content:
SOURCE Electric Last Mile Solutions, Inc. | https://www.1011now.com/prnewswire/2022/04/11/electric-last-mile-solutions-announces-receipt-notice-nasdaq-regarding-late-filing-annual-report-form-10-k/ | 2022-04-12T00:02:45 | 1 | https://www.1011now.com/prnewswire/2022/04/11/electric-last-mile-solutions-announces-receipt-notice-nasdaq-regarding-late-filing-annual-report-form-10-k/ |
EAST BRUNSWICK, N.J., April 11, 2022 /PRNewswire/ -- Elkem Silicones will feature its expanded range of medical implant grade Silbione® Biomedical silicone products including high purity gels, dispersions, liquid silicone rubber (LSR), high consistency rubber (HCR) and adhesives at the upcoming Medical Design & Manufacturing (MD&M) West expo in Anaheim, Calif., April 12 to 14.
"Elkem continues to invest in silicone solutions for implantable medical device manufacturers, empowering them with the choice of a fully integrated implant grade silicone supplier, committed to transparent partnership and development for the long term," says Mike Goglia, market manager, Healthcare Americas.
"We are not only focused on providing proven solutions that have been used for decades, but also innovations that enable advancements in the standards of patient care," says Goglia. Elkem's tin-free, implant grade single component silicone adhesive, Silbione® Biomedical ADH1 M200, is the only tin-free product of its kind available on the market and offers faster cure than traditional adhesives, requiring no heat or humidity chamber for cure for easy processability and improved productivity. This tin-free adhesive is ideal for assembling medical devices that require high strength bonding to substrates such as silicone, polyester, metals, and polyurethane.
Silbione® Biomedical brand silicone products are produced in an ISO certified controlled environment under an enhanced quality management system in York, South Carolina, USA. All Silbione® Biomedical brand products are backed by worldwide regulatory support, including Master Access Files (MAF) on file with the U.S. Food and Drug Administration (FDA) and, most recently, Elkem successfully filed its first MAF for the Silbione® Biomedical HCRA M500 series with the Medical Device Evaluation Center of the China National Medical Products Administration (NMPA).
Visit booth 2009 to learn more about the Silbione® difference and Elkem's full range of advanced silicone materials for medical, implantable and drug delivery applications. For more information, call (866) 474-6342 or visit www.elkem.com.
About Elkem Silicones
Elkem Silicones has more than 4 200 employees dedicated to delivering your potential by providing you innovative silicone solutions with a personal touch. Elkem Silicones, a division of Elkem, is a global leader in fully integrated silicone manufacturing, operating 14 multi-functional manufacturing sites and 13 Research & Innovation centers around the globe. Elkem Silicones offers a full range of silicone technologies for diverse specialty markets including aerospace, automotive, construction, consumer goods, energy, healthcare, paper, personal care and textiles. Elkem Silicones is committed to create new, innovative and green solutions and business models that promote a sustainable future. www.elkem.com
About Elkem ASA
Elkem is one of the world's leading providers of advanced material solutions shaping a better and more sustainable future. The company develops silicones, silicon products and carbon solutions by combining natural raw materials, renewable energy and human ingenuity. Elkem helps its customers create and improve essential innovations like electric mobility, digital communications, health and personal care as well as smarter and more sustainable cities. With a strong track record since 1904, its global team of more than 7,000 people has a joint commitment to stakeholders: Delivering your potential. In 2021, Elkem obtained a Platinum score from EcoVadis, which rated the company among the world's top 1% on sustainability transparency, and the company achieved an operating income of NOK 33.7 billion. Elkem is listed on the Oslo Stock Exchange (ticker: ELK). www.elkem.com
Press Contact:
Karen O'Keefe
E-mail: Karen.okeefe@elkem.com Tel.: +1 609-685-5458
View original content:
SOURCE Elkem Silicones | https://www.1011now.com/prnewswire/2022/04/11/elkem-present-expanded-implant-grade-silicone-line-mdampm-west-2022/ | 2022-04-12T00:02:53 | 1 | https://www.1011now.com/prnewswire/2022/04/11/elkem-present-expanded-implant-grade-silicone-line-mdampm-west-2022/ |
HUNTSVILLE, Ala., April 11, 2022 /PRNewswire/ -- Encompass Health (NYSE: EHC) announces the opening of a new location for Encompass Health Rehabilitation Hospital of North Alabama, an 85-bed inpatient rehabilitation hospital. The new hospital is located at 1490 Hwy 72 East in Huntsville and will replace the hospital previously located at 107 Governors Drive SW. The hospital serves patients recovering from debilitating illnesses and injuries including strokes and other neurological disorders, brain injuries, spinal cord injuries, amputations and complex orthopedic conditions.
In addition to 24-hour nursing care, Encompass Health Rehabilitation Hospital of North Alabama offers physical, occupational and speech therapies to restore functional ability and quality of life. Care is provided by highly specialized nurses, therapists and physicians. The hospital features all private patient rooms, a spacious therapy gym, an in-house pharmacy, a six-chair dialysis suite, courtyard, dining room and dayroom areas. Patients will receive a minimum of three hours per day of therapy for five days each week, access to advanced technologies and frequent visits by a Physical Medicine and Rehabilitation Physician during their stay.
"The hospital has been serving the Huntsville community and beyond for 35 years, and we are excited to welcome our patients into this wonderful new location to help them recover and find the confidence to move past their illness or injury and back to a more independent life," said Doug Beverly, CEO of Encompass Health of North Alabama. "With this state-of-the-art hospital and the talented team in it, we will be able to care for even more individuals in Huntsville and the surrounding areas."
Encompass Health Rehabilitation Hospital of North Alabama has achieved Disease-Specific Care Certification from The Joint Commission for four of its rehabilitation programs, including stroke, hip fracture, amputee, and brain injury rehabilitation. The Gold Seal of Approval® is a symbol of quality that reflects an organization's commitment to providing safe and effective patient care. The Joint Commission's hospital standards are developed in consultation with healthcare experts and providers, measurement experts and patients. The standards are informed by scientific literature and expert consensus to help hospitals measure, assess and improve performance.
For more information about the hospital's services, visit encompasshealth.com/huntsvillerehab.
About Encompass Health
As a national leader in integrated healthcare services, Encompass Health (NYSE: EHC) offers both facility–based and home–based patient care through its network of inpatient rehabilitation hospitals, home health agencies and hospice agencies. With a national footprint that includes 147 hospitals, 251 home health locations, and 96 hospice locations in 42 states and Puerto Rico, the Company provides high–quality, cost-effective integrated healthcare. Encompass Health is ranked as one of Fortune's 100 Best Companies to Work For. For more information, visit encompasshealth.com, or follow us on our newsroom, Twitter, Instagram and Facebook.
Media Contact
Casey Winger | 205-970-5912
Casey.Winger@encompasshealth.com
View original content to download multimedia:
SOURCE Encompass Health Corp. | https://www.1011now.com/prnewswire/2022/04/11/encompass-health-rehabilitation-hospital-north-alabama-opens-new-location-huntsville-with-85-private-patient-rooms/ | 2022-04-12T00:03:02 | 0 | https://www.1011now.com/prnewswire/2022/04/11/encompass-health-rehabilitation-hospital-north-alabama-opens-new-location-huntsville-with-85-private-patient-rooms/ |
AUSTIN, Texas, April 11, 2022 /PRNewswire/ -- Oracle Corporation (NYSE: ORCL) ("Oracle") announced today that it has extended its tender offer in connection with the acquisition of Cerner Corporation (Nasdaq: CERN) ("Cerner") until May 11, 2022.
In accordance with the terms of its merger agreement with Cerner, Cedar Acquisition Corporation, a subsidiary of OC Acquisition LLC, which is a subsidiary of Oracle, has extended the all-cash tender offer for $95.00 per share for all of the issued and outstanding shares of common stock of Cerner (the "Shares") to 12:00 midnight, Eastern Time, at the end of the day on May 11, 2022. The tender offer was previously scheduled to expire at 12:00 midnight, Eastern Time, at the end of the day on April 13, 2022.
The tender offer remains subject to, among other conditions, clearances under applicable foreign competition and foreign direct investment laws. The tender offer was extended to allow additional time for the satisfaction of the remaining conditions to the tender offer.
Except for the extension of the tender offer, all other terms and conditions of the tender offer remain unchanged. The tender offer may be extended further in accordance with the merger agreement and the applicable rules and regulations of the U.S. Securities and Exchange Commission (the "SEC").
American Stock Transfer & Trust Company LLC, the depositary for the tender offer, has indicated that as of 12:00 midnight, Eastern Time, at the end of the day on April 8, 2022, approximately 33,951,780 Shares had been validly tendered into and not validly withdrawn from the tender offer, representing approximately 11.5% of the outstanding Shares.
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
Oracle, Java, and MySQL are registered trademarks of Oracle Corporation.
This document may contain certain forward-looking statements about Oracle and Cerner, including statements that involve risks and uncertainties concerning Oracle's proposed acquisition of Cerner, anticipated customer benefits and general business outlook. When used in this document, the words "can", "will", "expect", "opportunity", "promises", "goal" and similar expressions and any other statements that are not historical facts are intended to identify those assertions as forward-looking statements. Any such statement may be influenced by a variety of factors, many of which are beyond the control of Oracle or Cerner, that could cause actual outcomes and results to be materially different from those projected, described, expressed or implied in this document due to a number of risks and uncertainties. Potential risks and uncertainties include, among others, the possibilities that the transaction will not close or that the closing may be delayed, that the anticipated synergies may not be achieved after closing, and that the combined operations may not be successfully integrated in a timely manner, if at all; general economic conditions in regions in which either company does business; the impact of the COVID-19 pandemic on how Oracle, Cerner and their respective customers are operating their businesses and the duration and extent to which the pandemic will impact Oracle's or Cerner's future results of operations; and the possibility that Oracle or Cerner may be adversely affected by other economic, business, and/or competitive factors. Accordingly, no assurances can be given that any of the events anticipated by the forward-looking statements will transpire or occur, or if any of them do so, what impact they will have on the results of operations or financial condition of Oracle or Cerner.
In addition, please refer to the documents that Oracle and Cerner, respectively, file with the SEC on Forms 10-K, 10-Q and 8-K. These filings identify and address other important factors that could cause Oracle's and Cerner's respective operational and other results to differ materially from those contained in the forward-looking statements set forth in this document. You are cautioned to not place undue reliance on forward-looking statements, which speak only as of the date of this document. Except as required by law, neither Oracle nor Cerner is under any duty to update any of the information in this document.
This communication does not constitute an offer to buy or solicitation of an offer to sell Shares. This communication is for informational purposes only. The tender offer is not being made to, nor will tenders be accepted from, or on behalf of, holders of Shares in any jurisdictions in which the making of the tender offer or the acceptance thereof would not comply with the laws of that jurisdiction.
The tender offer is being made pursuant to a Tender Offer Statement on Schedule TO (including an Offer to Purchase, a related Letter of Transmittal and certain other tender offer documents) filed by Cedar Acquisition Corporation with the SEC on January 19, 2022, as amended or supplemented from time to time. In addition, on January 19, 2022, Cerner filed a Solicitation/Recommendation Statement on Schedule 14D-9 with the SEC related to the tender offer, which has been amended or supplemented from time to time. Holders of Shares are urged to read these documents carefully (as each may be amended or supplemented from time to time) because they contain important information that holders of Shares should consider before making any decision regarding tendering their Shares. The Offer to Purchase, the related Letter of Transmittal and certain other tender offer documents, as well as the Solicitation/Recommendation Statement, are available to all holders of Shares at no expense to them. The tender offer materials and the Solicitation/Recommendation Statement are available for free at the SEC's website at www.sec.gov.
Oracle and Cerner also file annual, quarterly and special reports and other information with the SEC, which are available at the SEC's website at www.sec.gov.
View original content to download multimedia:
SOURCE Oracle | https://www.1011now.com/prnewswire/2022/04/11/expiration-date-tender-offer-cerner-corporation-shares-extended-may-11-2022/ | 2022-04-12T00:03:09 | 0 | https://www.1011now.com/prnewswire/2022/04/11/expiration-date-tender-offer-cerner-corporation-shares-extended-may-11-2022/ |
- Productivity improvements, reduced financial close cycle and increased benefits from automation in CPM cloud tools
- Simplified processes, clear visibility and built-in compliance for the finance departments
- Faster completion of everyday processes so teams can focus on their strategic goals through better insights
LONDON, April 11, 2022 /PRNewswire/ -- EY today announces an extension of the alliance with Wolters Kluwer to include the CCH® Tagetik corporate performance management (CPM) solution and EY Advisory S.p.A (EY Italy), harnessing the power of data to help create opportunities for businesses to drive performance and provide long-term service. The Alliance has also been activated in Belgium with additional global expansion over time.
The requirement for products to support financial and operational planning, as well as financial and management consolidation, is on the rise because there is an increasing demand for finance process automations.
Wolters Kluwer, with its award-winning CCH® Tagetik expert solution, is recognized as a market leader, providing corporate finance professionals with comprehensive software solutions that streamline financial close and consolidation, financial and integrated business planning as well as regulatory compliance. EY teams are experienced in financial consolidation, planning and budgeting, data integration, taxation, data management and CPM implementation for multiple sectors. Together, they support organizations looking to accelerate their financial transformation initiatives.
The EY-CCH® Tagetik Alliance offers extensive support to large financial transformations, covering a broader set of digitally enabled services on a single platform for finance data and operational planning. The CCH® Tagetik platform intuitive interface, built-in financial intelligence and automated workflows allow teams to complete typical finance processes efficiently. The pre-built solutions addressing major financial regulations also simplify the compliance process.
Riccardo Magnani, EY Global CCH® Tagetik Alliance Leader, says:
"The extension of the alliance with Wolters Kluwer for its CCH®Tagetik solution offers immense value for clients. This positions EY teams to be at the forefront of implementing a wide range of clients' financial transformation initiatives via the unified CCH® Tagetik platform that incorporates leading-edge financial intelligence and automated workflows."
Ralf Gärtner, Senior Vice President and General Manager, Corporate Performance Solutions, Wolters Kluwer Tax & Accounting, says:
"We are focused on enabling the office of the CFO to transform through predictive intelligence solutions that go beyond finance to provide deeper insights. With our comprehensive and extensible CCH® Tagetik platform, we look forward to complementing diverse skillsets and depth of experience of EY teams to benefit our joint customers looking to harmonize financial, strategic and operational goals to drive improved outcomes in their business."
For more information, visit ey.com/alliances.
About EY
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via ey.com/privacy. EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit ey.com.
This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients.
About Wolters Kluwer
Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.
Wolters Kluwer reported 2021 annual revenues of €4.8 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs approximately 19,800 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
For more information, visit www.wolterskluwer.com
Eric Minuskin
EY Global Media Relations
+1 908 770 9758
eric.j.minuskin@ey.com
View original content to download multimedia:
SOURCE EY | https://www.1011now.com/prnewswire/2022/04/11/ey-announces-extension-strategic-alliance-with-wolters-kluwer-include-cch-tagetik-corporate-performance-management-solution-streamlining-extended-finance-transformations-through-unified-digital-solutions/ | 2022-04-12T00:03:15 | 1 | https://www.1011now.com/prnewswire/2022/04/11/ey-announces-extension-strategic-alliance-with-wolters-kluwer-include-cch-tagetik-corporate-performance-management-solution-streamlining-extended-finance-transformations-through-unified-digital-solutions/ |
Apex Commercial Capital Corp. will focus on providing commercial mortgage lending and equipment financing to small businesses
CONSHOHOCKEN, Pa., April 11, 2022 /PRNewswire/ -- Firstrust Bank announced today that its subsidiaries Apex Mortgage Corp., a commercial mortgage lender, and Firstlease, Inc., a leading nationwide provider of equipment financing, have merged under the new name of Apex Commercial Capital Corp. A full-service lender, Apex Commercial Capital has focused core business lines of commercial mortgage lending and equipment financing for small businesses.
Andrew Tauber, executive vice president at Firstrust Bank, will lead the newly combined company and serve as president. Tauber has more than 30 years of experience in commercial lending and specialty finance with focuses in business development, risk management, strategic planning and organizational development.
"This merger with Firstlease will strengthen Apex's ability to help small businesses achieve their financial goals by offering them a wider variety of commercial financing products and services," said Tauber. "We are committed to providing the best financial solutions to small businesses, and through combining our skills and more than 25 years of experience, we can improve our offerings to better fit the needs of those we serve."
With the merger, Apex Commercial Capital will be a technology-enabled small balance national commercial finance company that is agile, positioned for organic growth and capable of adding additional product lines.
In addition to Tauber's leadership, Apex Commercial Capital is led by a team of experienced financing professionals that include: Jaime Weinstein leading operations, Claire Gorton heading finance and accounting, Donald Wampler concentrating on business development, and Kevin Boyer guiding credit and collections.
Apex Mortgage and Firstlease completed the merger on April 1. The new company will continue to be a fully-owned subsidiary of Firstrust Bank. All Apex Commercial Capital lending is processed and serviced at its headquarters in Horsham, PA.
About Firstrust Bank
Founded in 1934, with assets of nearly $5 billion, Firstrust Bank is the region's largest family-owned financial institution, one of the region's largest and strongest full-service commercial banks, and one of the most consistently top-performing banks in the Nation. Founded by Samuel A. Green, who began the business in his mother's kitchen in South Philadelphia, Firstrust is currently in its third generation of family ownership, operating as Philadelphia's Hometown Bank® for more than 87 years. Firstrust offers a broad range of retail and commercial banking products and services to individuals, businesses, and institutions. In commercial banking, Firstrust Bank provides a wide variety of solutions, including commercial real estate finance, business banking, asset-backed lending, and deposit and treasury management services. Firstrust Bank meets the need of its consumer customers by offering a full range of deposit, lending, and residential mortgage products. Firstrust is a Small Business Administration (SBA) Preferred Lender, is a Top Workplaces employer, the Official Bank of the Philadelphia Eagles and serves its customers through 19 branch banking offices located in Southeastern PA, Cherry Hill, NJ, and Towson, MD. For more information, visit firstrust.com or call 800-220-BANK. Member FDIC.
View original content to download multimedia:
SOURCE Firstrust Bank | https://www.1011now.com/prnewswire/2022/04/11/firstrust-bank-subsidiaries-apex-mortgage-firstlease-merge-become-apex-commercial-capital/ | 2022-04-12T00:03:22 | 0 | https://www.1011now.com/prnewswire/2022/04/11/firstrust-bank-subsidiaries-apex-mortgage-firstlease-merge-become-apex-commercial-capital/ |
SÃO PAULO, April 11, 2022 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), ("GOL" or "Company"), Brazil's largest airline, today provides an Investor Update on its expectations for the first quarter of 2022. The information below is preliminary and unaudited. The Company will discuss its 1Q22 results in a conference call on April 28, 2022.
1. Excluding gains and losses on currency and Exchangeable Senior Notes.
2. Recurring operating results; excludes non-recurring maintenance costs related to fleet transformation of approximately R$92 million in 1Q22 and R$114 million in 1Q21.
3. Including 7x annual aircraft lease payments and excluding perpetual bonds.
4. Last twelve months.
5. Cash and cash equivalents, restricted cash, accounts receivable and deposits.
Investor Relations
ri@voegol.com.br
www.voegol.com.br/ir
+55(11) 2128-4700
About GOL Linhas Aéreas Inteligentes S.A.
GOL is the largest airline in Brazil, leader in the corporate and leisure segments. Since founded in 2001, the Company has the lowest unit cost in Latin America, thus democratizing air transportation. The Company has alliances with American Airlines and Air FranceKLM, besides several codeshare and interline agreements available to Customers, bringing more convenience and simple connections to any place served by these partnerships. With the purpose of "Being the First for All", GOL offers the best travel experience to its passengers, including: the largest number of seats and more space between seats; the greatest platform with internet, movies and live TV; and the best frequent-flyer program, SMILES. In cargo transportation, GOLLOG delivers orders to different regions in Brazil and abroad. The Company has a team of 15,000 highly qualified aviation professionals focused on Safety, GOL's #1 value, and operates a standardized fleet of 135 Boeing 737 aircraft. The Company's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit www.voegol.com.br/ri.
Disclaimer
The information contained in this press release has not been subject to any independent audit or review and contains "forward-looking" statements, estimates and projections that relate to future events, which are, by their nature, subject to significant risks and uncertainties. All statements other than statements of historical fact contained in this press release including, without limitation, those regarding GOL's future financial position and results of operations, strategy, plans, objectives, goals and targets, future developments in the markets in which GOL operates or is seeking to operate, and any statements preceded by, followed by or that include the words "believe", "expect", "aim", "intend", "will", "may", "project", "estimate", "anticipate", "predict", "seek", "should" or similar words or expressions, are forward-looking statements. The future events referred to in these forward-looking statements involve known and unknown risks, uncertainties, contingencies and other factors, many of which are beyond GOL's control, that may cause actual results, performance or events to differ materially from those expressed or implied in these statements. These forward-looking statements are based on numerous assumptions regarding GOL's present and future business strategies and the environment in which GOL will operate in the future and are not a guarantee of future performance. Such forward-looking statements speak only as at the date on which they are made. None of GOL or any of its affiliates, officers, directors, employees and agents undertakes any duty or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by law. None of GOL or any of its affiliates, officers, directors, employees, professional advisors and agents make any representation, warranty or prediction that the results anticipated by such forward-looking statements will be achieved, and such forward-looking statements represent, in each case, only one of many possible scenarios and should not be viewed as the most likely or standard scenario. Although GOL believes that the estimates and projections in these forward-looking statements are reasonable, they may prove materially incorrect and actual results may materially differ. As a result, you should not rely on these forward-looking statements.
Non-GAAP Measures
To be consistent with industry practice, GOL discloses so-called non-GAAP financial measures which are not recognized under IFRS or U.S. GAAP, including "Net Debt", "Adjusted Net Debt", "total liquidity" and "EBITDA". The Company's management believes that disclosure of non-GAAP measures provides useful information to investors, financial analysts and the public in their review of its operating performance and their comparison of its operating performance to the operating performance of other companies in the same industry and other industries. However, these non-GAAP items do not have standardized meanings and may not be directly comparable to similarly-titled items adopted by other companies. Potential investors should not rely on information not recognized under IFRS as a substitute for the GAAP measures of earnings or liquidity in making an investment decision.
View original content:
SOURCE GOL Linhas Aéreas Inteligentes S.A. | https://www.1011now.com/prnewswire/2022/04/11/gol-announces-1q22-investor-update/ | 2022-04-12T00:03:29 | 0 | https://www.1011now.com/prnewswire/2022/04/11/gol-announces-1q22-investor-update/ |
VANCOUVER, BC, April 11, 2022 /PRNewswire/ - Gold Royalty Corp. (NYSE American: GROY) ("Gold Royalty", or the "Company") is pleased to announce the conclusion of key regulatory approvals in connection with the conditions of the Company's offer (the "Offer") to acquire all of the outstanding common shares of Elemental Royalties Corp. (TSXV:ELE) ("Elemental"), together with the associated rights issued under Elemental's shareholder rights plan.
The Company has received a "no action" letter from the Foreign Investment Review Board of the Government of Australia advising that the transactions in respect of the Offer are not subject to the Foreign Acquisitions and Takeovers Act 1975 (Australia). Additionally, after consulting its advisors and reviewing relevant publicly available information regarding Elemental, the Company has determined that a pre-merger notification and application under the Competition Act (Canada) are not required with respect to the Offer.
In connection with the foregoing and as a result of revisions made to the conditions of the Offer through the filing of Amendment No. 1 to the Company's Registration Statement on Form F-4 with the U.S. Securities and Exchange Commission (the "SEC"), the Company filed today a Notice of Variation and Change with respect to its Offer. The revisions contained therein do not change the scope of the conditions of the Offer in any material respect. The Notice of Variation and Change also provides additional disclosure, including, among other things, updated unaudited pro forma condensed combined financial statements that reflect the most recent fiscal periods of each of Gold Royalty and Elemental. .
The Offer remains open for acceptance until 5:00 p.m. (Toronto time) on April 27, 2022, unless the Offer is abridged, extended or withdrawn.
For further information regarding the Offer, please see the Company's Offer and Circular dated January 11, 2022, as supplemented by the notice of change dated January 21, 2022, and as further supplemented and varied by the Notice of Variation and Change dated April 11, 2022 (collectively, the "Offer Documents"), available on SEDAR at www.sedar.com and on Gold Royalty's website at www.goldroyalty.com/elemental-offer/. Elemental shareholders are strongly encouraged to read the Offer Documents carefully and in their entirety, since they contain additional important information regarding Gold Royalty and the terms and conditions of the Offer, as well as detailed instructions on how Elemental shareholders can tender their Elemental Shares to the Offer.
About Gold Royalty Corp.
Gold Royalty Corp. is a gold-focused royalty company offering creative financing solutions to the metals and mining industry. Its mission is to acquire royalties, streams and similar interests at varying stages of the mine life cycle to build a balanced portfolio offering near, medium and longer-term attractive returns for its investors. Gold Royalty's diversified portfolio currently consists of net smelter return royalties on gold properties located in the Americas.
No Offer or Solicitation
This news release is for informational purposes only and does not constitute an offer to buy or sell, or a solicitation of an offer to sell or buy, any securities. The Offer is being made solely by, and subject to the terms and conditions set out in the Offer Documents.
Notice to U.S. Elemental Shareholders
Gold Royalty has filed with the SEC a Registration Statement on Form F-4, as amended by Amendment No. 1 (the "Registration Statement"), which contains a prospectus relating to the offer to acquire the securities of Elemental, under the U.S. Securities Act of 1933, as amended. SHAREHOLDERS OF ELEMENTAL AND OTHER INTERESTED PARTIES ARE URGED TO READ SUCH REGISTRATION STATEMENT AND ANY AND ALL OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC IN CONNECTION WITH THE OFFER AS THOSE DOCUMENTS BECOME AVAILABLE, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT GOLD ROYALTY, ELEMENTAL, AND THE OFFER. Materials filed with the SEC will be available electronically without charge at the SEC's website at www.sec.gov under Gold Royalty's profile and the materials will be posted on Gold Royalty's website at www.goldroyalty.com.
Gold Royalty is a foreign private issuer and is permitted to prepare the offer to purchase and take-over bid circular and related documents in accordance with Canadian disclosure requirements, which are different from those of the United States. Gold Royalty prepares its financial statements in accordance with International Financial Reporting Standards as issued by the International Accounting Standards Board, and they may not be directly comparable to financial statements of United States companies.
Shareholders of Elemental should be aware that owning Gold Royalty shares may subject them to tax consequences both in the United States and in Canada. The Offer Documents may not describe these tax consequences fully. Elemental shareholders should read any tax discussion in the Offer Documents, and holders of Elemental shares are urged to consult their tax advisors.
An Elemental shareholder's ability to enforce civil liabilities under the United States federal securities laws may be affected adversely because Gold Royalty is incorporated in Canada, some or all of Gold Royalty's officers and directors and some or all of the experts named in the Offer Documents reside outside of the United States, and a substantial portion of Gold Royalty's assets and of the assets of such persons are located outside the United States. Elemental shareholders in the United States may not be able to sue Gold Royalty or its officers or directors in a non-U.S. court for violation of United States federal securities laws. It may be difficult to compel such parties to subject themselves to the jurisdiction of a court in the United States or to enforce a judgment obtained from a court of the United States.
NEITHER THE SEC NOR ANY STATE SECURITIES REGULATOR HAS OR WILL HAVE APPROVED OR DISAPPROVED THE GOLD ROYALTY SHARES OFFERED IN THE OFFER DOCUMENTS, OR HAS OR WILL HAVE DETERMINED IF ANY OFFER DOCUMENTS ARE TRUTHFUL OR COMPLETE. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENSE.
Elemental shareholders should be aware that, during the period of the Offer, Gold Royalty or its affiliates, directly or indirectly, may bid for, or make purchases of, the securities to be distributed or to be exchanged, or certain related securities, as permitted by applicable laws or regulations of Canada or its provinces or territories and the United States, including Rule 14e-5 under the U.S. Securities Exchange Act of 1934, as amended. To the extent information about such purchases or arrangements to purchase is made public in Canada, such information will be disclosed by means of a press release or other means reasonably calculated to inform shareholders in the United States of such information.
Cautionary Statement on Forward-Looking Information
Certain of the information contained in this news release constitutes 'forward-looking information' and 'forward-looking statements' within the meaning of applicable Canadian and U.S. securities laws ("forward-looking statements") and involve known and unknown risks, uncertainties and other factors that may cause Gold Royalty's actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. The words "believe", "expect", "will", "propose" and derivatives thereof and other expressions which are predictions of or indicate future events, trends or prospects and which do not relate to historical matters, identify the above mentioned and other forward-looking statements. Such forward-looking statements, including among others, statements regarding the satisfaction of the conditions of the Offer and the anticipated timing, benefits and effects of the completion of the Offer, involve risks, uncertainties and other factors which may cause the actual results to be materially different from those expressed or implied by such forward-looking statements. Such factors include, among others, the ability to obtain necessary approvals, and to meet the other conditions under the Offer, the ability to realize the benefits under the proposed transaction, material adverse effects on the business, properties and assets of the parties; the impact of general economic and market conditions; any inability of the operators of the properties underlying the parties' royalty and other interests to execute proposed plans for such properties, risks related to such operators or the exploration, development and mining operations of the properties underlying the parties' royalty and other interests; impacts of macroeconomic developments; and the impact of and the responses of relevant governments to the COVID-19 pandemic and the effectiveness of such responses and the other important risks and uncertainties set out in the Offer Documents, Gold Royalty's Annual Report on Form 20-F for the year ended September 30, 2021 and its other public filings available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws.
View original content:
SOURCE Gold Royalty Corp. | https://www.1011now.com/prnewswire/2022/04/11/gold-royalty-provides-update-elemental-offer/ | 2022-04-12T00:03:36 | 1 | https://www.1011now.com/prnewswire/2022/04/11/gold-royalty-provides-update-elemental-offer/ |
Over 1,700 attendees from 50 Countries Across the Globe Joined to Discuss the Impacts of AI
NEW YORK, April 11, 2022 /PRNewswire/ -- This week, New York-based global private equity and venture capital firm Insight Partners hosted its premier Artificial Intelligence (AI) industry conference, ScaleUp:AI, on April 6-7 in New York City. The hybrid event brought together thousands of participants across the globe to hear the foremost thinkers, doers, users, and investors of AI opine on both the industry today and its future, with thought-provoking presentations and networking opportunities.
Presented by Insight Partners, Citi, and NASDAQ, ScaleUp:AI provided a comprehensive look at how AI is impacting every industry and facet of business, with sessions exploring its effects on healthcare, cybersecurity, fraud mitigation, ethics and equity, business intelligence, financial services, and more. Leaders in AI partnered with Insight on the event, including 6sense, Acceldata, BigPanda, Clarify Health, Cognigy, Expressive, Explorium, Featurespace, intenseye, Pecan, Quantum Metric, Rasgo, Relevance AI, RudderStack, Run:AI, SentinelOne, Slim.AI, StormForge, Turing, Weights & Biases, WINT, Zest AI.
ScaleUp:AI is the first in a series of Insight Partners global conferences and was specifically designed for the artificial intelligence (AI) community. With over 1,700 attendees in person and virtually, from more than 50 countries across the globe, the event was packed with insights and key takeaways, including:
- Why "good data" can be more important than "big data" as the world moves towards a more data-centric versus model-centric view of AI.
- The importance of explainability and bias detection before any model gets into production at scale.
- The value of strategically combining human and machine intelligence and why "symbiotic intelligence" is the best of both worlds.
- Why the evolution of AI systems is going to happen more quickly than the evolution of traditional software, and how we are truly at the beginning of a scale up inflection point.
ScaleUp: AI speakers (in alphabetical order):
Ali Ghodsi, CEO at Databricks • Allie K. Miller, Global Head of Machine Learning BD, Startups and Venture Capital at AWS • Andrew Ng, Co-Founder Google Brain + CEO at Landing AI • Alex Dalyac, Founder & CEO, Tractable • Amir Orad, CEO, Sisense • Anita Lynch, Chief Data Officer | Corporate Board Director | Investor • Arvind Purushotham, Managing Director & Global Head, Venture Investing, Citi • Asmau Ahmed, Explorer, Alphabet X • Brad Peterson, CTO & CIO, NASDAQ • Chase Ginther, Machine Learning & Data Scientist Platform Architect, Snowflake • Christina Montgomery, Vice President & Chief Privacy Officer, IBM • Clement Delangue, CEO, Hugging Face • Danny Tobey, M.D., J.D., Partner, DLA Piper • David Kirkpatrick, Founder & Editor-in-Chief, Techonomy • Gabi Steele, Founder, Preql • Ganesh Bell, Managing Director, Insight Partners • Gayatri Narayan, SVP Digital Products and Services, PepsiCo • George Mathew, Managing Director, Insight Partners • Heather Carroll Cox, Chief Digital Health & Analytics Officer, Humana • Janice Tse, Senior Director, Data Science, PayPal • Jared Dunnmon, Technical Director, AI/ML Portfolio, Defense Innovation Unit • Jason Zintak, CEO, 6sense • Jay Budzik, CTO, Zest AI • Jerry Overton, CEO, Applied AI Studio • Jillian D'Onfro, Enterprise Editor, Insight Partners • Joe McKendrick, Analyst & Contributor, Forbes • Jon Krohn, Chief Data Scientist, Nebula • Jonathan Rosenbaum, Managing Director, Insight Partners • Karen Snow, SVP, Head of US Listings and Revenue, NASDAQ • Karthik Tadinada, Chief Operating Officer, FeatureSpace • Krishna Gade, CEO at Fiddler AI • Leah Weiss, Founder, Preql • Lonne Jaffe, Managing Director, Insight Partners • Lydia Dishman, Staff Editor, Fast Company • Manoj Saxena, Executive Chairman, Responsible Artificial Intelligence Institute & Cognitive Scale • Neil Ackerman, Head of Global Supply Chain, Johnson & Johnson • Nicholas Warner, Chief Operating Officer, SentinelOne • Nick Sinai, Senior Advisor, Insight Partners • Nicole Wong, Former Deputy US Chief Technology Officer • Nikki Parker, Insight Partners • Patrick Dougherty, Co-Founder & CTO, Rasgo • Prag Sharma, Global Head of Artificial Intelligence, Citi • Praveen Akkiraju, Managing Director, Insight Partners • Ryan Hinkle, Managing Director, Insight Partners • Scott Barclay, Managing Director, Insight Partners • Scott Southwood, Chief Revenue Officer, Quantum Metric • Seth Dobrin, PhD., Global Chief AI Officer, IBM • Siobhan Savage, Co-Founder & CEO, Reejig • Sirisha Kadamalakalva, Chief Strategy Officer, DataRobot • Suchi Saria, PhD., Founder & CEO, Bayesian Health • Supriya Gupta, Head of Recommendations, Credit Karma • Svetlana Sicular, VP Analyst, Gartner • Tomas Pfister, Head of AI Research, Google Cloud • Vaibhav Sahgal, Principal, Americas, Economist Impact • Vittorio Cretella, Chief Information Officer, P&G • Wardah Inam, Co-Founder & CEO, Overjet • Willian Falcon, Founder & CEO, Grid.ai • Yan-David Erlich, CRO & COO, Weights & Biases
The ScaleUp Series — which features topics like AI, healthcare, and cybersecurity — is designed to guide and influence leaders, decision makers, and doers who are ready to soar, with the support of the software industry's most trusted ScaleUp partner, Insight Partners. Learn more at scaleup.events.
Insight Partners is a global software investor partnering with high-growth technology, software, and Internet startup and ScaleUp companies that are driving transformative change in their industries. As of February 24, 2022, the closing of the firm's recent fundraise, Fund XII, brings Insight Partners regulatory assets under management to over $90B. Insight Partners has invested in more than 600 companies worldwide and has seen over 55 portfolio companies achieve an IPO. Headquartered in New York City, Insight has offices in London, Tel Aviv, and Palo Alto. Insight's mission is to find, fund, and work successfully with visionary executives, providing them with practical, hands-on software expertise to foster long-term success. Insight Partners meets great software leaders where they are in their growth journey, from their first investment to IPO. For more information on Insight and all its investments, visit insightpartners.com or follow us on Twitter @insightpartners.
View original content to download multimedia:
SOURCE Insight Partners | https://www.1011now.com/prnewswire/2022/04/11/insight-partners-celebrates-inaugural-scaleup-series-with-ai-conference-scaleupai/ | 2022-04-12T00:03:44 | 0 | https://www.1011now.com/prnewswire/2022/04/11/insight-partners-celebrates-inaugural-scaleup-series-with-ai-conference-scaleupai/ |
WASHINGTON, April 11, 2022 /PRNewswire/ -- After a 2-year hiatus due to COVID restrictions, the venerable annual Easter Sunrise Service returns—live and in-person—to the Lincoln Memorial in Washington, DC.
At 6:30 AM Sunday, April 17, thousands will gather at the steps of this historic landmark for one of the nation's largest Easter sunrise services to celebrate the resurrection of Jesus Christ. Live music, a crowd of nearly ten thousand worshipers, and a memorable view of the sun rising over the city make this event one of the most unique ways to celebrate Easter Sunday.
Hosted by Capital Church in Vienna, VA, the Easter Sunrise Service is a Washington tradition. It's been featured in The Washington Post and named #5 on the Washingtonian's The Great Washington Bucket List. The interdenominational Christian worship service draws many Washingtonians as well as visitors from all over. Thousands more view the live stream at EasterSunrise.com.
This year, New York Times bestselling author Mark Batterson, Lead Pastor of National Community Church, will be speaking. He is joined by songwriter/worship leader Regi Stone and special musical guest Voices of Lee, an award-winning a cappella group from Lee University, Cleveland, TN.
Presented and produced by Capital Church, its founding pastors, Amos and Sue Dodge, and lead pastors Travis & Tara Goodman, this sunrise service has been a labor of love for 42 years and represents the work of about 100 church volunteers who aim solely to bless the city with this free event.
"At the dawn of Easter morning, from the heart of the city that influences the world, thousands will gather to declare that Christ is risen!" Pastor Dodge, who never dreamed that such a simple idea would grow into an internationally-recognized gathering with nearly 10,000 people in attendance, says, "We will celebrate the resurrection of Jesus, and the message will not only ring on the National Mall, it will be heard around the world."
Says organizer Tara Goodman, "Everyone is invited to attend this free event which lasts about one hour. People are encouraged to arrive early as seats fill up fast. The morning is often brisk so be sure to dress warmly and bring a blanket." Directed parking will be provided. Find more information and live stream the service at EasterSunrise.com.
View original content to download multimedia:
SOURCE National Community Church | https://www.1011now.com/prnewswire/2022/04/11/lincoln-memorial-easter-sunrise-service-is-back-washington-tradition-returns-person/ | 2022-04-12T00:03:51 | 1 | https://www.1011now.com/prnewswire/2022/04/11/lincoln-memorial-easter-sunrise-service-is-back-washington-tradition-returns-person/ |
DALLAS, April 11, 2022 /PRNewswire/ -- Mohr Partners, Inc., a leading global full-service end-to-end corporate real estate services firm, is pleased to announce that Kevin Williams, a 15-year construction management veteran, has joined Mohr Partners in the Dallas office.
In his new role, Williams will be a senior member of the Mohr Partners Project & Development Management Services division, overseeing both ground-up development and tenant improvement projects for the occupier clients that utilize industrial, office, retail and healthcare real estate to support their businesses.
Williams will report to Craig Bull, a 30-year industry veteran, who oversees business development, client management and operations for Mohr Partners' project & development management services division, which has been one of the firms fasted growing service lines.
"I am pleased to have Kevin join my team as he and I both started in the design industry before transitioning to project management, which allows us to execute complicated design-build and build-to-suit projects" stated Craig Bull.
Kevin Williams commented, "I am excited to join Mohr Partners. The firm's full-service corporate real estate platform will allow me to leverage my experience and add value throughout the total occupier real estate life cycle."
About Mohr Partners, Inc.:
Mohr Partners, Inc. is a global corporate real estate advisor, providing corporate tenants with an integrated set of portfolio services including strategic planning, business intelligence, lease administration/accounting & FASB ASC 842 compliance, research and site selection, labor analytics, project and construction management, comprehensive demographics analysis, economic incentives negotiations and transaction management. Since 1986, Mohr has been managing real estate portfolios for corporations, and each year completes transactions for its clients in all 50 U.S. states, all provinces of Canada and locations around the world. Mohr seamlessly provides corporate real estate services globally through its strategic alliance partners in Canada, Mexico/Latin America, EMEA and Asia Pacific. For more information on Mohr, please visit www.mohrpartners.com.
View original content to download multimedia:
SOURCE Mohr Partners, Inc. | https://www.1011now.com/prnewswire/2022/04/11/mohr-partners-expands-project-amp-development-management-services-with-recruitment-industry-veteran-kevin-williams/ | 2022-04-12T00:03:59 | 1 | https://www.1011now.com/prnewswire/2022/04/11/mohr-partners-expands-project-amp-development-management-services-with-recruitment-industry-veteran-kevin-williams/ |
HOUSTON, April 11, 2022 /PRNewswire/ -- NASA and the Lone Star Flight Museum are inviting media to the final move of the Space Shuttle Motion Base Simulator to its new home at the museum, located at Ellington Field. The simulator, which supported space shuttle astronaut training at NASA for 35 years, will become an interactive exhibit at the museum in Houston.
News media may cover the simulator's move at 10 a.m. CDT Tuesday, April 12, at the Lone Star Flight Museum, 11551 Aerospace Ave. The simulator's 30-minute journey from NASA hangar 276 is subject to weather conditions; in the event of a delay, an updated schedule will be announced as soon as possible. To participate, media should contact Anna Hawley, the museum's chief marketing officer, at 346-352-7671 or anna.hawley@lonestarflight.org. All media should meet at the Lone Star Flight Museum for transport to the taxiway.
The museum will open at 10 a.m. and offer free admission to the public from 4-6 p.m. to see the simulator and several exhibit artifacts, such as the trainer's console and crew procedures. A video from the last simulator run of the STS-135 crew in July 2011 will showcase how the simulator was used to train shuttle crews. Admission is free.
Dr. Bonnie J. Dunbar, retired NASA astronaut and aerospace engineering professor at Texas A&M University, worked alongside a team of volunteers to restore the simulator -- a project that involved approximately 5,000 hours.
The Motion Base Simulator was built in 1976 to support the Approach and Landing Tests using the Space Shuttle Enterprise and modified to support the future space shuttle missions. It was first used to support flight crew training for the STS-1 mission on Jan. 9, 1979. The simulator is a full-scale replica of the forward flight deck of a space shuttle orbiter, with windows by display screens that provided increasingly detailed simulated views during various phases of the flight as the shuttle program progressed. The simulator's motion systems provided a realistic simulation of the space shuttle's movements.
The simulator, and a companion Fixed Base Simulator, were operated for decades in the Jake Garn Simulation and Training Facility at Johnson to train astronauts for space shuttle missions. The facility, which originally began operations Mission Simulation and Training Facility, supported astronaut training for the Gemini and Apollo Programs, the Apollo-Soyuz Test Project, and the Skylab Programs before undergoing renovations from 1976-1978 to support the Space Shuttle Program.
The shuttle simulators were removed after the final space shuttle mission, STS-135, in 2011 to make room for some of NASA's next generation of spaceflight training hardware, including the Boeing Starliner, part of NASA's Commercial Crew Program.
Ellington Field is the heart of Johnson Space Center's flying operations. NASA's primary function at Ellington is the training of astronauts for spaceflight. The field is also a base for administrative, cargo transport, and high-altitude aircraft, with many types of NASA aircraft at the hangers.
NASA's Johnson Space Center is celebrating its 60th anniversary this year. On May 25, 1961, President John F. Kennedy committed the nation to achieve the goal of "landing a man on the moon and returning him safely to the earth" before the end of the decade. NASA's Space Task Group, in charge of America's human spaceflight program, was already working on Project Mercury to put astronauts into Earth orbit, but with the additional task of a human lunar landing, it soon outgrew its facilities at NASA's Langley Research Center in Hampton, Virginia. The agency decided it needed a dedicated field center for human spaceflight, and on Sept. 19, 1961, after evaluating multiple sites around the country, NASA announced that the new Manned Spacecraft Center would be built near Houston, Texas.
Join NASA as it goes forward to the Moon and on to Mars -- discover the latest on Earth, the Solar System, and beyond with a weekly update in your inbox. Subscribe at:
Learn more about the Lone Star Flight Museum at:
View original content to download multimedia:
SOURCE NASA | https://www.1011now.com/prnewswire/2022/04/11/nasa-lone-star-flight-museum-invite-media-shuttle-simulator-move/ | 2022-04-12T00:04:06 | 0 | https://www.1011now.com/prnewswire/2022/04/11/nasa-lone-star-flight-museum-invite-media-shuttle-simulator-move/ |
'The Return' Marks New Birth's First In-Person Worship Since the Covid-19 Pandemic
STONECREST, Ga., April 11, 2022 /PRNewswire/ -- After two years of virtual worship services due to the Covid-19 pandemic, New Birth Missionary Baptist Church is reopening its doors on Good Friday, April 15 at 7:30 p.m. with internationally renowned faith leader and best-selling author Bishop T.D. Jakes and award-winning gospel artist John P. Kee. New Birth's reopening activities, called 'The Return', will culminate on Resurrection Sunday, April 17, with Senior Pastor Dr. Jamal Bryant and celebrated gospel artist VaShawn Mitchell beginning at 9:30 a.m. All planned events will take place at New Birth, located at 6400 Woodrow Rd in Stonecrest.
"We are beyond thrilled to return to in-person worship services, to re-engage with our congregation and to welcome visitors who are thirsty for an extraordinary encounter with the Lord," said Dr. Bryant. "Bishop T.D. Jakes is a global force and one of the most prolific voices in ministry. We are truly blessed to have him join us for our Good Friday service with the legendary John P. Kee. We are equally excited that gospel sensation VaShawn Mitchell will join us as our guest psalmist on Resurrection Sunday."
Throughout the pandemic, New Birth has advanced innovative ways to engage members and enhance its online ministry as well as its outreach activities. The King's Table, New Birth's food pantry, was launched just two months before the pandemic and served 300 people each month. With the financial impacts that accompanied the global crisis, The King's Table saw those numbers skyrocket to more than 3,000 people weekly at the height of the pandemic and is quickly approaching a major milestone – 1 million people served during the pandemic.
During the weekend events, The King's Table will also host its weekly free food distribution on Saturday, April 16, at 10 a.m. on the church's campus. All distributed items are provided on a first-come, first-served basis. "What better way to punctuate Resurrection Sunday than to advance the work of the Lord through giving to those in need," Bryant said.
For more information, visit newbirth.org.
Media interested in covering any of the planned events or scheduling an interview with Dr. Jamal Bryant should contact Erik Burton at 770-294-8475 or profilepr@gmail.com.
View original content to download multimedia:
SOURCE New Birth Missionary Baptist Church | https://www.1011now.com/prnewswire/2022/04/11/new-birth-missionary-baptist-church-announces-bishop-td-jakes-award-winning-gospel-artist-john-p-kee-good-friday-service-gospel-recording-artist-vashawn-mitchell-resurrection-sunday/ | 2022-04-12T00:04:14 | 1 | https://www.1011now.com/prnewswire/2022/04/11/new-birth-missionary-baptist-church-announces-bishop-td-jakes-award-winning-gospel-artist-john-p-kee-good-friday-service-gospel-recording-artist-vashawn-mitchell-resurrection-sunday/ |
CHINO, Calif., April 11, 2022 /PRNewswire/ -- Specialty Enzymes & Probiotics is proud to announce a clinical trial on the safety and efficacy of ImmunoSEB™ (systemic enzyme complex) and ProbioSEB CSC3™ (a spore-forming probiotic blend) in people experiencing Long COVID, specifically post-viral fatigue, was recently published in the peer-reviewed journal Medicines.
"We are grateful to be able to offer effective, natural solutions at a time when people really need them," said Vic Rathi, President and CEO of Specialty Enzymes & Probiotics. "The global long-term effects of this pandemic continue, and ImmunoSEB™ and ProbioSEB CSC3™ can support people for whom the issues linger."
The 200-person study analyzed treatment efficacy over 14 days using the Chalder Fatigue scale (CFQ-11), while secondary endpoints such as patient vitals were taken to determine safety.
The results show that 91% of patients receiving supplementation of ImmunoSEB™ and ProbioSEB CSC3™ experienced resolution of fatigue, versus only 15% in the control arm. Patients in the test arm also had a greater improvement in physical and mental fatigue scores at all time points. ImmunoSEB™ and ProbioSEB CSC3™ were well-tolerated.
ProbioSEB CSC3™ is a blend of robust spore-forming probiotics SEBiotic™ (Bacillus coagulans LBSC), SEBtilis™ (Bacillus subtilis PLSSC), and SEBclausii™ (Bacillus clausii 088AE) with a prebiotic.
ImmunoSEB™ is a powerful systemic enzyme complex with Peptizyme SP™ (serrapeptase), Bromelain, Amylase, Lysozyme, Peptidase, Glucoamylase, Catalase, Papain, and Lactoferrin.
Specialty Enzymes & Probiotics is a leading probiotic and enzyme manufacturer with 60+ years of experience. We offer a full line of more than 25 probiotic strains for a range of nutraceutical, food, and beverage applications. As a true manufacturer with decades of experience in nutraceuticals, we have supply chain visibility and provide unparalleled technical support through every step of the process. Our strict quality standards are backed by a lengthy list of the most rigorous third-party certifications.
To learn how you can add ImmunoSEB™ and ProbioSEB CSC3™ to your product line or how consumers can get finished supplements, email adm@specialtyenzymes.com or call (909) 613-1660.
View original content to download multimedia:
SOURCE Specialty Enzymes & Probiotics | https://www.1011now.com/prnewswire/2022/04/11/new-clinical-trial-safety-efficacy-immunoseb-probioseb-csc3-combination-long-covid-fatigue/ | 2022-04-12T00:04:21 | 1 | https://www.1011now.com/prnewswire/2022/04/11/new-clinical-trial-safety-efficacy-immunoseb-probioseb-csc3-combination-long-covid-fatigue/ |
SUGAR LAND, Texas, April 11, 2022 /PRNewswire/ -- Noble Corporation (NYSE: NE, "Noble", or the "Company") today announced that the extraordinary general meeting of Noble shareholders (the "General Meeting") relating to Noble's previously announced proposed business combination (the "Business Combination") with The Drilling Company of 1972 A/S (CSE: DRLCO) ("Maersk Drilling") will be held on May 10, 2022 at 9:00 a.m., Central Time, at Noble Advances Training and Collaboration Center, 12550 Reed Rd., Ste. 200, Sugar Land, Texas 77478.
On April 11, 2022, the U.S. Securities and Exchange Commission (the "SEC") declared effective the registration statement on Form S-4 (File No. 333-261780) of Noble Finco Limited ("Topco") relating to the Business Combination, and Noble will mail the definitive proxy statement/prospectus for the General Meeting to shareholders as of April 8, 2022 (the "Record Date"). Shareholders are encouraged to vote in advance of the General Meeting and will have until May 9, 2022 at 11:59 p.m., Central time, to do so. Voting in advance is easy and can be done in one of three ways: online, via telephone or by mail.
All Noble shareholders as of the Record Date are encouraged to vote in favor of the Business Combination.
Noble is a leading offshore drilling contractor for the oil and gas industry. Noble owns and operates one of the most modern, versatile, and technically advanced fleets in the offshore drilling industry. Noble and its predecessors have been engaged in the contract drilling of oil and gas wells since 1921. Currently, Noble performs, through its subsidiaries, contract drilling services with a fleet of 19 offshore drilling units, consisting of 11 drillships and 8 jackups, focused largely on ultra-deepwater and high specification jackup drilling opportunities in both established and emerging regions worldwide. Noble is an exempted company incorporated in the Cayman Islands with limited liability with registered office at P.O. BOX 309, Ugland House, S. Church Street, Grand Cayman, KY1-1104. Additional information on Noble is available at www.noblecorp.com.
With 50 years of experience operating in the most challenging offshore environments, Maersk Drilling (CSE:DRLCO) provides responsible drilling services to energy companies worldwide. Headquartered in Denmark, Maersk Drilling owns and operates a fleet of offshore drilling rigs and specialises in harsh environment and deepwater operations. For more information about Maersk Drilling, visit www.maerskdrilling.com.
This press release includes forward-looking statements within the meaning of the federal securities laws with respect to the proposed transaction, including statements regarding the benefits of the transaction, the anticipated timing of the transaction, the products and services offered by Noble and Maersk Drilling and the markets in which they operate, and Noble's and Maersk Drilling's projected future financial and operating results. These forward-looking statements are generally identified by terminology such as "believe," "may," "will," "potentially," "estimate," "continue," "anticipate," "intend," "could," "would," "should," "project," "target," "plan," "expect," or the negatives of these terms or variations of them or similar terminology. The absence of these words, however, does not mean that the statements are not forward-looking. These forward-looking statements are based upon current expectations, beliefs, estimates and assumptions that, while considered reasonable as and when made by Noble and its management, and Maersk Drilling and its management, as the case may be. Such forward-looking statements are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. New risks and uncertainties may emerge from time to time, and it is not possible to predict all risks and uncertainties.
Many factors could cause actual future events to differ materially from the forward-looking statements in this press release, including but not limited to: (i) the risk that the transaction may not be completed in a timely manner or at all, which may adversely affect the price of Noble's and Maersk Drilling's securities, (ii) the failure to satisfy the conditions to the consummation of the transaction, including the adoption of the business combination agreement by the shareholders of Noble, the acceptance of the proposed exchange offer by the requisite number of Maersk Drilling shareholders and the receipt of certain governmental and regulatory approvals, (iii) the occurrence of any event, change or other circumstance that could give rise to the termination of the business combination agreement, (iv) the effects of public health threats, pandemics and epidemics, such as the ongoing outbreak of COVID-19, and the adverse impact thereof on Noble's or Maersk Drilling's business, financial condition and results of operations, (v) the effect of the announcement or pendency of the transaction on Noble's or Maersk Drilling's business relationships, performance, and business generally, (vi) risks that the proposed transaction disrupt current plans of Noble or Maersk Drilling and potential difficulties in Noble's or Maersk Drilling's employee retention as a result of the proposed transaction, (vii) the outcome of any legal proceedings that may be instituted against Noble or Maersk Drilling related to the business combination agreement or the proposed transaction, (viii) the ability of Noble Finco Limited ("Topco") to list the Topco shares on NYSE or the Nasdaq Copenhagen, (ix) volatility in the price of the combined company's securities due to a variety of factors, including changes in the competitive markets in which Topco plans to operate, variations in performance across competitors, changes in laws and regulations affecting Topco's business and changes in the combined capital structure, (x) the effects of actions by, or disputes among OPEC+ members with respect to production levels or other matters related to the price of oil, market conditions, factors affecting the level of activity in the oil and gas industry, and supply and demand of jackup rigs, (xi) factors affecting the duration of contracts, the actual amount of downtime, (xii) factors that reduce applicable dayrates, operating hazards and delays, (xiii) risks associated with operations outside the US, actions by regulatory authorities, credit rating agencies, customers, joint venture partners, contractors, lenders and other third parties, legislation and regulations affecting drilling operations, compliance with regulatory requirements, violations of anti-corruption laws, shipyard risk and timing, delays in mobilization of jackup rigs, hurricanes and other weather conditions, and the future price of oil and gas, and (xiv) the ability to implement business plans, forecasts, and other expectations (including with respect to synergies and financial and operational metrics, such as EBITDA and free cash flow) after the completion of the proposed transaction, and to identify and realize additional opportunities, (xv) the failure to realize anticipated benefits of the proposed transaction, (xvi) risks related to the ability to correctly estimate operating expenses and expenses associated with the transaction, (xvii) risks related to the ability to project future cash utilization and reserves needed for contingent future liabilities and business operations, (xviii) the potential impact of announcement or consummation of the proposed transaction on relationships with third parties, (xix) changes in law or regulations affecting Noble, Maersk Drilling or the combined company, (xx) international, national or local economic, social or political conditions that could adversely affect the companies and their business, (xxi) conditions in the credit markets that may negatively affect the companies and their business, and (xxii) risks associated with assumptions that parties make in connection with the parties' critical accounting estimates and other judgements. The foregoing list of factors is not exhaustive. There can be no assurance that the future developments affecting Noble, Maersk Drilling or any successor entity of the transaction will be those that we have anticipated.
These forward-looking statements involve a number of risks, uncertainties (some of which are beyond Noble's or Maersk Drilling's control) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements or from our historical experience and our present expectations or projects. You should carefully consider the foregoing factors and the other risks and uncertainties that affect the parties' businesses, including those described in Noble's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other documents filed from time to time by Noble and Topco with the SEC and those described in Maersk Drilling's annual reports, relevant reports and other documents published from time to time by Maersk Drilling. Noble and Maersk Drilling wish to caution you not to place undue reliance on any forward-looking statements, which speak only as of the date hereof. Except as required by law, Noble and Maersk Drilling are not undertaking any obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.
In connection with the proposed business combination, Topco has filed a Registration Statement on Form S-4 (which Registration Statement was declared effective on April 11, 2022) with the SEC that includes (1) a proxy statement of Noble that also constitutes a prospectus for Topco and (2) an offering prospectus of Topco to be used in connection with Topco's offer to exchange shares in Maersk Drilling for Topco shares. Noble will mail the proxy statement/prospectus to its shareholders in connection with the vote to approve the merger of Noble and a wholly-owned subsidiary of Topco, and Topco will distribute the offering prospectus in connection with the exchange offer. Should Maersk Drilling and Noble proceed with the proposed transaction, Maersk Drilling and Noble also expect that Topco will file an offer document with the Danish Financial Supervisory Authority (Finanstilsynet). This communication does not contain all the information that should be considered concerning the proposed transaction and is not intended to form the basis of any investment decision or any other decision in respect of the proposed business combination. INVESTORS AND STOCKHOLDERS ARE URGED TO CAREFULLY READ THE PROXY STATEMENT/PROSPECTUS AND THE OFFERING DOCUMENT RELATING TO THE PROPOSED BUSINESS COMBINATION IN THEIR ENTIRETY, IF AND WHEN THEY BECOME AVAILABLE, AND ANY OTHER DOCUMENTS FILED BY EACH OF TOPCO AND NOBLE WITH THE SEC IN CONNECTION WITH THE BUSINESS COMBINATION OR INCORPORATED BY REFERENCE THEREIN BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT TOPCO, MAERSK DRILLING AND NOBLE, THE PROPOSED BUSINESS COMBINATION AND RELATED MATTERS.
Investors and shareholders are able to obtain free copies of the proxy statement/prospectus and all other documents filed with the SEC by Topco and Noble through the website maintained by the SEC at www.sec.gov. In addition, investors and stockholders are able to obtain free copies of the proxy statement/prospectus and other documents related thereto on Maersk Drilling's website at www.maerskdrilling.com or Noble's website at www.noblecorp.com, or by written request to Noble at Noble Corporation, Attn: Richard B. Barker, 13135 Dairy Ashford, Suite 800, Sugar Land, Texas 77478.
Maersk Drilling, Noble and their respective directors, executive officers and certain employees may be deemed to be participants in the solicitation of proxies from the shareholders of Maersk Drilling and Noble, respectively, in connection with the proposed transaction. Shareholders may obtain information regarding the names, affiliations and interests of Noble's directors and officers in Noble's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, which was filed with the SEC on February 17, 2022, and Items 10 through 14 of Part III of Amendment No. 1 thereto on Form 10-K/A, which was filed with the SEC on March 11, 2022. To the extent the holdings of Noble's securities by Noble's directors and executive officers have changed since the amounts set forth in such annual report, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Information regarding the names, affiliations and interests of Maersk Drilling's directors and officers is contained in Maersk Drilling's Annual Report for the fiscal year ended December 31, 2021, and can be obtained free of charge from the sources indicated above. Additional information regarding the interests of such individuals in the proposed business combination will be included in the proxy statement/prospectus relating to the proposed transaction when it is filed with the SEC. You may obtain free copies of these documents from the sources indicated above.
This press release is not intended to and does not constitute an offer to sell or the solicitation of an offer to subscribe for or buy or an invitation to purchase or subscribe for any securities or the solicitation of any vote in any jurisdiction pursuant to the proposed transaction or otherwise, nor shall there be any sale, issuance or transfer of securities in any jurisdiction, in each case, in contravention of applicable law. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act and applicable European or the UK, as appropriate, regulations. Subject to certain exceptions to be approved by the relevant regulators or certain facts to be ascertained, the public offer will not be made directly or indirectly, in or into any jurisdiction where to do so would constitute a violation of the laws of such jurisdiction, or by use of the mails or by any means or instrumentality (including, without limitation, facsimile transmission, telephone and the internet) of interstate or foreign commerce, or any facility of a national securities exchange, of any such jurisdiction.
This announcement is not a public takeover offer and this announcement does not represent a formal decision by Topco or Noble to make a public takeover offer within the meaning of section 4(1) of the Danish Takeover Order (Executive Order no. 636 dated 15 May 2020), and such formal decision by Topco to make a public takeover offer in accordance with section 4(1) of the Danish Takeover Order is conditional on the approval of a prospectus approved in accordance with Regulation (EU) No. 2017/1129 of 14 June 2017 (the "Prospectus Regulation") or a document that satisfies the exemptions in article 1, paragraph 4, subparagraph m and paragraph 5, subparagraph e of the Prospectus Regulation, by the Danish Financial Supervisory Authority. If and when Topco formally launches the exchange offer, it will be made in the form of an offer document to be approved by the Danish Financial Supervisory Authority in accordance with the Danish Capital Market Act (Consolidated Act no. 1767 of 27 November 2020 on Capital Markets, as amended) and the Danish Takeover Order.
View original content to download multimedia:
SOURCE Noble Corporation | https://www.1011now.com/prnewswire/2022/04/11/noble-corporation-announces-may-10-2022-extraordinary-general-meeting-approve-business-combination/ | 2022-04-12T00:04:28 | 0 | https://www.1011now.com/prnewswire/2022/04/11/noble-corporation-announces-may-10-2022-extraordinary-general-meeting-approve-business-combination/ |
MILWAUKEE, April 11, 2022 /PRNewswire/ -- Directors of A. O. Smith Corporation (NYSE: AOS) today declared a regular quarterly cash dividend of $.28 per share on the company's Common Stock and Class A Common Stock.
The dividend is payable on May 16 to shareholders of record April 29, 2022.
About A. O. Smith
A. O. Smith Corporation, with headquarters in Milwaukee, Wis., is a global leader applying innovative technology and energy-efficient solutions to products manufactured and marketed worldwide. Listed on the New York Stock Exchange (NYSE: AOS), the company is one of the world's leading manufacturers of residential and commercial water heating equipment and boilers, as well as a manufacturer of water treatment products. For more information, visit www.aosmith.com.
View original content to download multimedia:
SOURCE A. O. Smith Corporation | https://www.1011now.com/prnewswire/2022/04/11/o-smith-declares-quarterly-dividend/ | 2022-04-12T00:04:35 | 1 | https://www.1011now.com/prnewswire/2022/04/11/o-smith-declares-quarterly-dividend/ |
BOCA RATON, Fla., April 11, 2022 /PRNewswire/ -- Phoenix Tower International ("PTI") announces that it has closed two transactions in the US, with the first transaction being the acquisition of a 100% ownership interest in Tower Ventures Holdings III, LLC ("Tower Ventures") and related entities; and the second transaction the 100% acquisition of the US-based telecom infrastructure services company, Technology Associates EC Inc. ("TAEC").
The Tower Ventures transaction provides PTI ownership of 202 high-quality wireless telecommunications sites across the country. This marks the second transaction between Tower Ventures and PTI, with the first transaction taking place in 2020 (see further details here). The acquisition of these new sites further advances PTI's position as the leading private tower company in the world.
The TAEC transaction bolsters PTI's telecom infrastructure services' offering and geographic footprint in the US. The transaction provides PTI with a country-wide presence and with additional 90+ leading telecom professionals. The TAEC transaction expands PTI's US business to offer services, such as project management, data management, site acquisition, backhaul and AAV/fiber design and acquisition, architecture & engineering design and structural engineering, and construction project management. The TAEC team will allow PTI to further integrate as a strategic partner to US wireless carriers in connection with the ongoing densification of networks and roll-out of next-generation technologies, including 5G.
"With these two acquisitions, PTI continues to grow and scale in the United States for its customers, providing a high quality portfolio of strategic sites across the country and a best in class services business to help our customers build out their 5G networks faster. Furthermore, the TAEC transaction doubles our personnel in the United States to over 200 employees dedicated to helping our customers achieve their goals." Stated Dagan Kasavana, CEO of Phoenix Tower International
About Phoenix Tower International
PTI, through its subsidiaries, will, pro forma for pending transactions, own and operate over 18,000 telecom towers and 986 kilometers of fiber across 18 countries throughout the United States, Europe, Latin America and the Caribbean.
PTI was founded in 2013 with a mission to be a premier site provider to wireless operators across the world and in high-growth markets. PTI's investors include funds managed by Blackstone and various members of the management team and is headquartered in Boca Raton, Florida. For more information, please visit www.phoenixintnl.com
About Tower Ventures
Tower Ventures is a Memphis, Tennessee based cell phone tower operator that owns and manages a combined 850 wireless communication sites in the United States. Tower Ventures and its subsidiaries have developed towers since 1987 and over that time have successfully built and sold tower portfolios valued at over $800 million dollars. Tower Ventures is owned by its management team with an investment from BBH Capital Partners, a private equity strategy of Brown Brothers Harriman & Co.
About Technology Associates EC Inc.
Technology Associates EC Inc. (TAEC) was founded in 2005 as the Commercial Division of Technology Associates International Corp. (TAIC), a government consulting contractor in the Information Technology, Security, and Asset Management sectors. TAEC diversified into commercial consulting practice areas, including Wireless Convergence Telecommunications, Professional Project Management, Microwave Engineering, and Asset Management.
Responding to the marketplace during the global economic crisis of the late-2000s, TAEC refocused its diversified services offerings on its then and current core competencies of wireless telecommunications deployment and professional services consisting of Site Acquisition, Architecture and Engineering Designs, and Construction Project Management (CPM). TAEC currently performs services across 8 states in the Western region of the United States.
Bank Street Group served as exclusive financial advisor to TAEC in connection with the Transaction.
View original content to download multimedia:
SOURCE Phoenix Tower International | https://www.1011now.com/prnewswire/2022/04/11/phoenix-tower-international-acquires-202-towers-united-states-tower-ventures-holdings-iii-llc-addition-acquiring-technology-associates-ec-inc-leading-provider-wireless-infrastructure-services-western-united-states/ | 2022-04-12T00:04:43 | 1 | https://www.1011now.com/prnewswire/2022/04/11/phoenix-tower-international-acquires-202-towers-united-states-tower-ventures-holdings-iii-llc-addition-acquiring-technology-associates-ec-inc-leading-provider-wireless-infrastructure-services-western-united-states/ |
MELBOURNE, Australia, April 11, 2022 /PRNewswire/ -- Telix Pharmaceuticals Limited (ASX: TLX, Telix, the Company) today announces its ProstACT TARGET Phase II clinical trial of the Company's prostate cancer antibody therapy candidate TLX591 (177Lu-DOTA-rosopatamab), in patients experiencing a first recurrence of prostate-specific antigen (PSA) after initial therapy for prostate cancer, has been granted Human Research Ethics Committee (HREC) approval.
Telix's primary goal with the ProstACT study series is to complete the pivotal Phase III ProstACT GLOBAL study in a second-line setting in patients with metastatic castration-resistant prostate cancer (mCRPC) progressing on first-line novel androgen agents. The inclusion of the TARGET study, will generate data on the use of TLX591 in patients at an earlier stage in their prostate cancer, supporting potential future indication expansion. This is in line with Telix's vision to benefit men along the full spectrum of their prostate cancer journey, creating multiple opportunities to deliver insights into the clinical performance of TLX591 throughout the program duration.[1] As an antibody-based radiopharmaceutical, TLX591 is given as just two doses, two-weeks apart, and requires much less lutetium to deliver long-lasting radiation to the tumour with potential to reduce costs and off-target side effects such as salivary gland toxicity.
ProstACT TARGET is a Phase II single arm study in Australia in 50 patients with prostate-specific membrane antigen (PSMA) -avid[2] biochemically recurrent oligometastatic (five or less metastases) prostate cancer, in combination with external beam radiation therapy (EBRT). The clinical objectives are delaying disease recurrence and thus deferring the commencement of androgen deprivation therapy (ADT) with the primary endpoint biological progression-free survival (PFS BIO). The study is a collaboration with Telix's strategic partner, GenesisCare.
Telix Group CEO and Managing Director, Dr. Christian Behrenbruch stated, "We are delighted to have been granted approval to commence the Phase II ProstACT TARGET study for TLX591, a key milestone in the ProstACT family of trials. TARGET is part of the Company's long-term clinical and commercial strategy to develop TLX591 across multiple points from men with early, localised disease all the way through to advanced metastatic disease, integrating molecularly targeted radiation (MTR) with standard of care at each stage in the patient journey. Alongside the ProstACT SELECT study, this program will add value and clinical insight to the platform, with opportunity for near-term data readouts."
GenesisCare Global Chief Medical Officer, Wally Curran MD, added, "It is a privilege to partner with Telix on the Phase II ProstACT TARGET study, a trial which brings hope to thousands of men living with prostate cancer in Australia and worldwide. Leveraging our global network of treatment centres, we look forward to commencing patient enrolment and helping Telix develop and rapidly scale a bold new approach to prostate cancer therapy."
About ProstACT
ProstACT is a series of studies of the investigational product TLX591, the Company's antibody-based, PSMA targeted prostate cancer therapy candidate TLX591 (177Lu-DOTA-rosopatamab).
The three studies running concurrently in the program include:
- ProstACT GLOBAL – A phase III multi-centre, randomised controlled trial (RCT) in patients with PSMA-expressing mCRPC, experiencing disease progression following prior treatment with a novel androgen axis drug (NAAD). The ProstACT trial will enrol approximately 390 patients and incorporates patient selection using 68Ga-PSMA imaging with TLX591-CDx (Illuccix®). The trial will compare standard of care therapy alone versus standard of care therapy plus TLX591, with a primary endpoint of radiographic progression-free survival (rPFS).
- ProstACT SELECT, a Phase I radiogenomics study with the goal of comparing 68Ga-PSMA (gallium) and 177Lu-PSMA (lutetium), specifically exploring the biodistribution differences between small molecule and antibody-based targeting. The study is designed to inform optimal patient selection for Telix's antibody-based 177Lu therapy, with the goal of enabling indication expansion for Telix's PSMA therapeutic portfolio. ProstACT SELECT is a multi-centre study and will enrol up to 50 patients, with a first patient dosed in January 2022.[3]
- ProstACT TARGET, a Phase II study to evaluate TLX591 in combination with external beam radiation therapy (EBRT) in patients with oligometastatic PSMA-expressing disease, providing data in early prostate cancer relapse. The study, which targets enrolment of 50 patients across multiple Australian sites, is a collaboration with Telix's strategic partner, GenesisCare, and is being conducted within its network. GenesisCare is co-funding the study alongside Telix.
About Telix Pharmaceuticals Limited
Telix is a biopharmaceutical company focused on the development and commercialisation of diagnostic and therapeutic products using Molecularly Targeted Radiation (MTR). Telix is headquartered in Melbourne, Australia with international operations in Belgium, Japan, Switzerland, and the United States. Telix is developing a portfolio of clinical-stage products that address significant unmet medical need in oncology and rare diseases. Telix is listed on the Australian Securities Exchange (ASX: TLX). For more information visit www.telixpharma.com and follow Telix on Twitter (@TelixPharma) and LinkedIn.
Telix's lead product, Illuccix® (kit for preparation of gallium-68 (68Ga) gozetotide (also known as 68Ga PSMA-11) injection) for prostate cancer imaging, has been approved by the U.S. Food and Drug Administration (FDA),[4] and by the Australian Therapeutic Goods Administration (TGA).[5] Telix is also progressing marketing authorisation applications for this investigational candidate in Europe[6] and Canada.[7]
This announcement has been authorised for release by Dr. Christian Behrenbruch, Managing Director and Group Chief Executive Officer.
Legal Notices
This announcement may include forward-looking statements that relate to anticipated future events, financial performance, plans, strategies or business developments. Forward-looking statements can generally be identified by the use of words such as "may", "expect", "intend", "plan", "estimate", "anticipate", "outlook", "forecast" and "guidance", or other similar words. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. Forward-looking statements are based on the Company's good-faith assumptions as to the financial, market, regulatory and other considerations that exist and affect the Company's business and operations in the future and there can be no assurance that any of the assumptions will prove to be correct. In the context of Telix's business, forward-looking statements may include, but are not limited to, statements about: the initiation, timing, progress and results of Telix's preclinical and clinical studies, and Telix's research and development programs; Telix's ability to advance product candidates into, enrol and successfully complete, clinical studies, including multi-national clinical trials; the timing or likelihood of regulatory filings and approvals, manufacturing activities and product marketing activities; the commercialisation of Telix's product candidates, if or when they have been approved; estimates of Telix's expenses, future revenues and capital requirements; Telix's financial performance; developments relating to Telix's competitors and industry; and the pricing and reimbursement of Telix's product candidates, if and after they have been approved. Telix's actual results, performance or achievements may be materially different from those which may be expressed or implied by such statements, and the differences may be adverse. Accordingly, you should not place undue reliance on these forward-looking statements.
To the maximum extent permitted by law, Telix disclaims any obligation or undertaking to publicly update or revise any forward-looking statements contained in this announcement, whether as a result of new information, future developments or a change in expectations or assumptions.
The Telix Pharmaceuticals name and logo are trademarks of Telix Pharmaceuticals Limited and its affiliates (all rights reserved).
[1] ASX disclosure 19 August 2021.
[2] Defined by PSMA PET imaging.
[3] ASX disclosure 27 January 2022.
[4] ASX disclosure 20 December 2021.
[5] ASX disclosure 2 November 2021.
[6] ASX disclosure 10 December 2021.
[7] ASX disclosure 16 December 2020.
View original content to download multimedia:
SOURCE Telix Pharmaceuticals Limited | https://www.1011now.com/prnewswire/2022/04/11/prostact-update-target-study-ethics-approval/ | 2022-04-12T00:04:50 | 1 | https://www.1011now.com/prnewswire/2022/04/11/prostact-update-target-study-ethics-approval/ |
SAN JOSE, Calif., April 11, 2022 /PRNewswire/ -- Quantum Corporation (NASDAQ: QMCO) announced today preliminary revenue results for its fiscal fourth quarter ended March 31, 2022. Revenue is expected to be $93 million, plus or minus $1 million, which is a tighter range with a higher midpoint from its original guidance of $92 million, plus or minus $5 million. As it is early in the financial closing process, the Company is not providing additional financial metrics or results for the fourth quarter.
As announced on March 29, 2022, Quantum commenced a Rights Offering to raise gross proceeds of up to approximately $67.5 million (the "Rights Offering"). As previously reported, the Company has entered into an Investment Commitment Agreement with certain large security holders that have agreed to exercise basic and over-subscription rights for up to an aggregate of approximately $55.0 million in the Rights Offering. All of the Company's directors and certain executive officers who are eligible to participate have indicated that they plan to participate in the Rights Offering. As part of the announcement of the Rights Offering, the Company also entered into an amendment to its Term Loan Credit and Security Agreement and an amendment to the Amended and Restated Revolving Credit and Security Agreement to among other things, waive applicable covenants for the fourth fiscal quarter.
In connection with the closing of the Rights Offering, which is currently anticipated to occur the week of April 18, 2022, the Company intends to reduce its outstanding term debt by $20 million, with the remaining proceeds used to bolster its cash position. Also, upon the closing of the Rights Offering, Quantum intends to further amend its credit agreements to increase the borrowing capacity on its revolving line of credit from $30 million to $40 million and to reset the financial covenants in a manner that will be supportive of the Company beyond the current period.
"I am pleased to report stronger preliminary revenue results for the fourth quarter," said Jamie Lerner, Chairman and CEO of Quantum. "We believe closing the Rights Offering in the coming weeks can significantly strengthen our balance sheet and liquidity, with the potential to significantly reduce our net term loan debt to less than $40 million with a fully subscribed offering. In addition to reducing the related interest expense on our term loan debt, we plan to ensure further financial flexibility by increasing the borrowing capacity of our revolver by $10 million. Collectively, we believe these actions should provide greater financial stability in a challenging environment, allowing us to focus on supporting our customers and operational execution."
Quantum has not completed preparation of its financial statements for its fiscal fourth quarter and fiscal year 2022. The preliminary, unaudited results presented in this press release for the three-months ended March 31, 2022 are based on current expectations and remain subject to adjustment. Quantum will report its complete financial results and other metrics during its fiscal fourth quarter and fiscal year 2022 conference call in early June.
Quantum has filed a shelf registration statement on Form S-3 with the Securities and Exchange Commission (the "SEC"), and related prospectus, dated December 9, 2020, as supplemented by the prospectus supplement dated March 29, 2022, for the offering to which this communication relates. Before you invest, you should read the prospectus supplement and the accompanying prospectus and other documents the issuer has filed with the SEC for more complete information about the issuer and the Rights Offering. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov.
Quantum has engaged Alliance Advisors, LLC to act as information agent with respect to the Rights Offering. To obtain copies of the Rights Offering prospectus supplement and any related materials, please contact the information agent, Alliance Advisors, LLC, toll free at (833) 786-6484, by email at QMCO@allianceadvisors.com, or by mail at Alliance Advisors, LLC, 200 Broadacres Dr., 3rd Floor, Bloomfield, NJ 07003.
This press release does not constitute an offer to sell or the solicitation of an offer to buy Quantum's common stock in its Rights Offering, nor will there be any sale of these securities in any jurisdiction in which such offer, solicitation, or sale would be unlawful. Any offer will be made only by means of a prospectus and prospectus supplement forming part of the registration statement.
Quantum technology, software, and services provide the solutions that today's organizations need to make video and other unstructured data smarter – so their data works for them and not the other way around. With over 40 years of innovation, Quantum's end-to-end platform is uniquely equipped to orchestrate, protect, and enrich data across its lifecycle, providing enhanced intelligence and actionable insights. Leading organizations in cloud services, entertainment, government, research, education, transportation, and enterprise IT trust Quantum to bring their data to life, because data makes life better, safer, and smarter. Quantum is listed on Nasdaq (QMCO) and the Russell 2000® Index. For more information visit www.quantum.com.
Quantum and the Quantum logo are registered trademarks of Quantum Corporation and its affiliates in the United States and/or other countries. All other trademarks are the property of their respective owners.
The information provided in this press release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 ("Exchange Act"). These forward-looking statements are largely based on our current expectations and projections about future events and financial trends affecting our business. Such forward-looking statements include, in particular, statements related to our preliminary financial results; expectations regarding increasing the borrowing capacity on our revolving line of credit and resetting the financial covenants in a manner that will be supportive of the Company beyond the current period, and the effects of such changes on the Company; anticipated use of proceeds from the Rights Offering; and timing of the closing of the Rights Offering.
These forward-looking statements may be identified by the use of terms and phrases such as "anticipates", "believes", "can", "could", "estimates", "expects", "forecasts", "intends", "may", "plans", "projects", "targets", "will", and similar expressions or variations of these terms and similar phrases. Additionally, statements concerning future matters and other statements regarding matters that are not historical are forward-looking statements. Investors are cautioned that these forward-looking statements relate to future events or our future performance and are subject to business, economic, and other risks and uncertainties, both known and unknown, that may cause actual results, levels of activity, performance or achievements to be materially different from those expressed or implied by any forward-looking statements.
These forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected, including without limitation, the following: risks related to the need to address the many challenges facing our business; the potential impact of the COVID-19 pandemic on our business, including potential disruptions to our supply chain, employees, operations, sales and overall market conditions; the competitive pressures we face; risks associated with executing our strategy; the distribution of our products and the delivery of our services effectively; the development and transition of new products and services and the enhancement of existing products and services to meet customer needs and respond to emerging technological trends; estimates and assumptions related to the cost (including any possible disruption of our business) and the anticipated benefits of the Rights Offering; termination of the investment commitment agreement with committed purchasers in the Rights Offering; our stock price performance and general stock market volatility; the impact of political and economic instability and geopolitical tensions, including outbreak or escalation of hostilities, wars, or other acts of aggression, such as the current conflict in Ukraine, terrorism and political unrest, boycotts, curtailment of trade, government sanctions and other business restrictions; the risk that we will not be able to come to an agreement at all or on terms acceptable to us with our lenders to amend our credit agreements to increase the borrowing capacity on our revolving line of credit and to reset the financial covenants currently applicable to us; the outcome of any claims and disputes; and other risks that are described herein, including but not limited to the items discussed in "Risk Factors" in our filings with the Securities and Exchange Commission, including our Form 10-K filed with the Securities and Exchange Committee on May 26, 2021 and our Form 10-Q filed on February 9, 2022. We do not intend to update or alter our forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law or regulation.
Investor Relations Contacts:
Shelton Group
Leanne Sievers | Brett Perry
P: 949-224-3874 | 214-272-0070
E: sheltonir@sheltongroup.com
View original content to download multimedia:
SOURCE Quantum Corp. | https://www.1011now.com/prnewswire/2022/04/11/quantum-reports-preliminary-revenue-results-fourth-quarter-fiscal-2022-provides-update-debt-arrangements/ | 2022-04-12T00:04:59 | 0 | https://www.1011now.com/prnewswire/2022/04/11/quantum-reports-preliminary-revenue-results-fourth-quarter-fiscal-2022-provides-update-debt-arrangements/ |
LOS ANGELES, April 11, 2022 /PRNewswire/ -- The life trajectory of renowned Los Angeles attorney, Larry Litzky, was positively impacted in 2019 while he sat to watch a favorite show of his, NBC's The Voice. It was a performance of Paul McCartney's "Maybe I'm Amazed" that brought Larry to tears as he witnessed the awe-inspiring sound and presence of 'Team Gwen Stefani' finalist, Rose Short.
Larry, who was diagnosed with Parkinson's disease in 2009, has always been musically driven himself, earning a Bachelor of Music from the University of Miami (in addition to his law degree from Southwestern Law School). But on that cold November night, Larry couldn't imagine that Rose would sing a Gospel song he wrote almost twenty years prior.
"I wrote 'Oh God, You Rescued Me' in the year 2000, a song about having the tenacity and strength to overcome," says Larry Litzky. "Years later, watching The Voice, I was completely blown away by Rose's brilliant singing and charisma, and I never forgot about her. Of course, I didn't know it then that I'd later be working with her."
In October of 2021, dreams began to manifest when Larry underwent an intensive and serious brain surgery to combat his Parkinson's disease. It was successful!
"My newly revived health brought back memories of when I wrote 'Oh God, You Rescued Me', and I knew that I wanted nothing more than to revive my song and have Rose Short record it," Larry explains.
To help get in touch with Ms. Short, Larry signed with public relations, marketing, and branding firm, EKC PR, who propelled Rose to record the beautiful Gospel track after she heard Larry's heartwarming narrative and positive message behind the song.
"'Oh God, You Rescued Me' is about perseverance," says Rose Short. "We've all been at a place where we were at the bottom, and so it's a story everyone can relate to."
The compelling news of having Rose on board motivated Larry to launch his own production company, Level 22 Entertainment, which produces and distributes uplifting and inspiring music. Rose Short is the first artist to lend her soulful vocals for a Level 22 composition.
The goal for the song, which is available on all major streaming platforms, is that it can be utilized as an emblem of hope.
Media Contact
Eileen Koch
EKC PR
310-441-1000
eileen@ekcpr.com
View original content:
SOURCE Level 22 Entertainment | https://www.1011now.com/prnewswire/2022/04/11/rose-short-nbcs-voice-releases-gospel-single-oh-god-you-rescued-me-level-22-entertainment/ | 2022-04-12T00:05:06 | 0 | https://www.1011now.com/prnewswire/2022/04/11/rose-short-nbcs-voice-releases-gospel-single-oh-god-you-rescued-me-level-22-entertainment/ |
NEW YORK, April 11, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Cerence Inc. (NASDAQ: CRNC) between February 8, 2021 and February 4, 2022, inclusive (the "Class Period"), of the important April 26, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Cerence securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Cerence class action, go to https://rosenlegal.com/submit-form/?case_id=3722 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than April 26, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) the global semiconductor shortage had a materially negative impact on demand for Cerence's software licenses; (2) defendants masked the impact of the semiconductor shortage on demand for Cerence's software licenses by pulling forward sales; and (3) as a result of the foregoing, defendants' statements about Cerence's business, operations, and prospects were false and misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Cerence class action, go to https://rosenlegal.com/submit-form/?case_id=3722 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
View original content to download multimedia:
SOURCE Rosen Law Firm, P.A. | https://www.1011now.com/prnewswire/2022/04/11/rosen-top-ranked-global-investor-counsel-encourages-cerence-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-crnc/ | 2022-04-12T00:05:13 | 1 | https://www.1011now.com/prnewswire/2022/04/11/rosen-top-ranked-global-investor-counsel-encourages-cerence-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-crnc/ |
NEW YORK, April 11, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Embark Technology, Inc. f/k/a Northern Genesis Acquisition Corp. II (NASDAQ: EMBK) (NASDAQ: EMBKW) (NASDAQ: NGAB) (NASDAQ: NGAB.U) (NASDAQ: NGAB.WS) between January 12, 2021 and January 5, 2022, inclusive (the "Class Period"), of the important May 31, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Embark securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Embark class action, go to https://rosenlegal.com/submit-form/?case_id=4934 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 31, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Embark had performed inadequate due diligence into Embark Trucks Inc. ("Legacy Embark"); (2) Legacy Embark and the Company, following the November 2021 merger of Legacy Embark and Northern Genesis Acquisition Corp. II (the "Business Combination"), held no patents and an insignificant number of test trucks; (3) accordingly, Embark had overstated its operational and technological capabilities; (4) as a result of all the foregoing, Embark had overstated the business and financial prospects of the Company post-Business Combination; and (5) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Embark class action, go to https://rosenlegal.com/submit-form/?case_id=4934 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
View original content to download multimedia:
SOURCE Rosen Law Firm, P.A. | https://www.1011now.com/prnewswire/2022/04/11/rosen-top-ranked-investor-counsel-encourages-embark-technology-inc-fka-northern-genesis-acquisition-corp-ii-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-embk-embkw-ngab-ngabu-ngabws/ | 2022-04-12T00:05:22 | 1 | https://www.1011now.com/prnewswire/2022/04/11/rosen-top-ranked-investor-counsel-encourages-embark-technology-inc-fka-northern-genesis-acquisition-corp-ii-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-embk-embkw-ngab-ngabu-ngabws/ |
NEW YORK, April 11, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Celsius Holdings, Inc. (NASDAQ: CELH) between August 12, 2021 and March 1, 2022, inclusive (the "Class Period"), of the important May 16, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Celsius securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=4162 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than May 16, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Celsius had improperly recorded expenses for non-cash share-based compensation for second and third quarters of 2021; (2) as a result, Celsius's financial statements for those periods would be restated, including to report a net loss for the third quarter of 2021; (3) there was a material weakness in Celsius's internal controls over financial reporting; and (4) as a result of the foregoing, defendants' positive statements about Celsius's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=4162 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
View original content to download multimedia:
SOURCE Rosen Law Firm, P.A. | https://www.1011now.com/prnewswire/2022/04/11/rosen-trusted-investor-counsel-encourages-celsius-holdings-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-celh/ | 2022-04-12T00:05:29 | 1 | https://www.1011now.com/prnewswire/2022/04/11/rosen-trusted-investor-counsel-encourages-celsius-holdings-inc-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-celh/ |
SANTA BARBARA, Calif. and VENTURA, Calif., April 11, 2022 /PRNewswire/ -- Responding to rapid changes in the legal services industry, The Santa Barbara & Ventura Colleges of Law has launched its new Master of Arts in Law program. Recruitment is underway to enroll an inaugural cohort in a pioneering online program that intersects cross-disciplinary studies with a legal curriculum.
The Colleges of Law dean and chief academic officer, Jackie Gardina, J.D., first proposed the program to the college's Board of Trustees in 2019 to address emerging trends in the practice of law. "Our field is being disrupted," says Gardina. "Technology is transforming how people access services and how lawyers perform their jobs. While there will always be a need for competent and ethical attorneys, those with knowledge of where the field is going next will be poised to help lead the change."
The Master of Arts in Law program was designed for entry-level master's students seeking knowledge of law applied to specific areas of expertise. The program is also applicable to professionals currently working in the legal industry—including those with a J.D. degree—in order to access new areas of expertise and apply them to their practice, effectively providing opportunities for upskilling to meet a changing job market.
Jeannette Eicks, a recognized expert in the legal field who joined The Colleges of Law in 2021 to lead the Master of Arts in Law initiative, developed the curriculum and ushered the program through WASC Senior College and University Commission review.
"As has been the case for many other sectors, technology is transforming the legal industry. This transformation brings new opportunities for legal professionals at all levels and will address the demand of underserved legal markets," says Eicks. "To better prepare students and alumni for this transformation, the school's curriculum has expanded to addresses the cross-disciplinary needs of this growing legal marketplace. We have dedicated ourselves to bringing the knowledge driving the legal industry's transformation to students at all graduate levels."
The Master of Arts in Law program is the latest venture of a college that has staked its future in modernizing legal education.
"The bar is high for this project," says The Colleges of Law President Matthew Nehmer, Ph.D. "Nearly three years in the making, it is our follow-up to delivering the first accredited Hybrid J.D. program in California. From the beginning it was conceived to be something new and different. We wanted to go beyond just offering a new master's degree. We wanted to create a learning experience with multiple applications with high value to learners and the legal services industry at large."
The Master of Arts in Law program launches this fall, delivering 30 units of academic content across 21 months of study. Students can specialize in one of four concentrations—Business Operations, Entrepreneurship, Emerging Law, and Technology—and will complete a capstone project. Courses will also be available as electives for The Colleges of Law's J.D. population, opening up the college's J.D. curriculum to new career pathways.
About The Colleges of Law
Established in 1969, The Colleges of Law (COL) was founded to expand opportunities and broaden access to legal education. COL is dedicated to a student-centered approach that affords students of diverse backgrounds the opportunity to pursue careers in law or legal-related fields. COL's faculty advances a real-world perspective and practicality on the application of law and includes practicing attorneys, judges, public servants, and leaders in business and nonprofit organizations. An accredited nonprofit institution, COL offers a Juris Doctor (J.D.) and a Master of Arts in Law (MAL) program. Additionally, in the fall of 2018, COL became the first accredited law school in California to offer a Hybrid J.D. degree. COL is accredited by the WASC Senior College and University Commission (WSCUC). The Juris Doctor program is accredited by the Committee of Bar Examiners (CBE) of the State Bar of California. COL is a part of TCS Education System, a national nonprofit system that works collaboratively to advance institutional sustainability, student success, and community impact.
For more information, visit www.collegesoflaw.edu.
View original content to download multimedia:
SOURCE The Santa Barbara & Ventura Colleges of Law | https://www.1011now.com/prnewswire/2022/04/11/santa-barbara-amp-ventura-colleges-law-opens-enrollment-new-master-arts-law-program-recruitment-underway-welcome-first-cohort-fall-2022/ | 2022-04-12T00:05:36 | 0 | https://www.1011now.com/prnewswire/2022/04/11/santa-barbara-amp-ventura-colleges-law-opens-enrollment-new-master-arts-law-program-recruitment-underway-welcome-first-cohort-fall-2022/ |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Pulse Biosciences, Inc. ("Pulse" or the "Company") (NASDAQ: PLSE). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Pulse and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On February 8, 2022, Pulse issued a press release "announc[ing] an update to its recent U.S. Food and Drug Administration (FDA) 510(k) submission to add the specific indication for treatment of sebaceous hyperplasia to expand the CellFX System's current labeling." Specifically, Pulse advised that following its submission of " a 510(k) in December 2021 to add the treatment of sebaceous hyperplasia to the CellFX System's indications for use in the United States", " [o]n February 5, 2022, the Company received an Additional Information ("AI") letter from the FDA", in which "the FDA stated it did not believe the Company provided sufficient clinical evidence at this time to support the expanded indication for use, and that the Company had not met the primary endpoints of the sebaceous hyperplasia FDA-approved IDE study."
On this news, Pulse's stock price fell $3.74 per share, or 34.44%, to close at $7.12 per share on February 8, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-pulse-biosciences-inc-plse/ | 2022-04-12T00:05:42 | 0 | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-pulse-biosciences-inc-plse/ |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Akebia Therapeutics, Inc. ("Akebia" or the "Company") (NASDAQ: AKBA) and certain of its officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 22-cv-01411, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Akebia securities between June 28, 2018 and September 2, 2020, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Akebia securities during the Class Period, you have until May 13, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) vadadustat was not as safe in treating NDD-CKD patients with anemia as Defendants had represented; (ii) as a result, Defendants overstated the PRO2TECT Program's clinical prospects; (iii) accordingly, Defendants also overstated vadadustat's overall commercial and regulatory prospects; and(iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-akebia-therapeutics-inc-class-action-lawsuit-upcoming-deadline-akba/ | 2022-04-12T00:05:48 | 1 | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-akebia-therapeutics-inc-class-action-lawsuit-upcoming-deadline-akba/ |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against C3.ai, Inc. ("C3.ai" or the "Company") (NYSE: AI) and certain of its officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 22-cv-01413, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) C3.ai Class A common stock pursuant and/or traceable to the Offering Documents issued in connection with the Company's initial public offering conducted on or about December 9, 2020 (the "IPO" or "Offering"); and/or (b) C3.ai securities between December 9, 2020 and February 15, 2022, both dates inclusive (the "Class Period"). Plaintiff pursues claims against the Defendants under the Securities Act of 1933 (the "Securities Act") and the Securities Exchange Act of 1934 (the "Exchange Act").
If you are a shareholder who purchased or otherwise acquired C3.ai Class A common stock pursuant and/or traceable to the IPO; and/or securities during the class period, you have until May 3, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
C3.ai operates as an enterprise artificial intelligence ("AI") software company. The Company offers a variety of software-as-a-service applications for enterprises and software solutions and integrated turnkey enterprise AI applications for oil and gas, chemicals, utilities, manufacturing, financial services, defense, intelligence, aerospace, healthcare, and telecommunications market segments. The Company also purports to have strategic partnerships with Baker Hughes related to oil and gas markets; FIS related to financial services markets; Raytheon; and AWS, Intel, and Microsoft.
The complaint alleges that the Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, the Offering Documents and Defendants made false and/or misleading statements and/or failed to disclose that: (i) C3.ai's partnership with Baker Hughes was deteriorating; (ii) C3.ai's was employing a flawed accounting methodology to conceal the deterioration of its Baker Hughes partnership; (iii) C3.ai faced challenges in product adoption and significant salesforce turnover; (iv) the Company overstated, inter alia, the extent of its investment in technology, description of its customers, its total addressable market, the pace of its market growth, and the scale of alliances with its major business partners; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
On February 16, 2022, during pre-market hours, Spruce Point Capital Management ("Spruce Point") issued a report and strong sell research opinion regarding C3.ai (the "Spruce Point Report"). Specifically, Spruce Point alleged that it had uncovered, inter alia, "[e]vidence of a severely challenged partnership with Baker Hughes, a related-party and C3.ai's largest customer"; "[s]igns of problematic financial reporting and accounting regarding the Baker Hughes joint venture and a revolving door in C3.ai's Chief Financial Officer position"; that "[c]hallenges in product adoption and significant salesforce turnover make it unlikely that C3.ai will meet aggressive analyst estimates"; "[e]vidence of exaggerated or irreconcilable claims made by C3.ai[,]" including "numerous discrepancies" regarding "the value of and cumulative investment made by C3.ai in its technology, description of its customers, its total addressable market, the pace of its market growth and the scale of alliances with companies such as Microsoft, Hewlett Packard Enterprises, Google Cloud, Intel and Amazon Web Services"; and "[w]orrisome corporate governance practices and insider enrichment." As a result, Spruce Point "conservatively estimate[d] 40% - 50% downside risk to C3.ai's share price."
Following publication of the Spruce Point Report, C3.ai's stock price fell $1.01 per share, or 3.93%, to close at $24.70 per share on February 16, 2022.
As of the time this Complaint was filed, the price of C3.ai Class A common stock continues to trade below the $42.00 per share Offering price, damaging investors.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-c3ai-inc-class-action-lawsuit-upcoming-deadline-ai/ | 2022-04-12T00:06:00 | 1 | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-c3ai-inc-class-action-lawsuit-upcoming-deadline-ai/ |
$8M+ going to Iosco Co. to address PFAS
IOSCO CO., Mich. (WNEM) - The bipartisan Building Michigan Together Plan will include $8.6 million for Iosco County to address PFAS by extending water main infrastructure.
The governor’s office says the Building Michigan Together Plan includes some of the biggest infrastructure investments in state history.
“The Building Michigan Together Plan makes bold, bipartisan investments in the kitchen-table issues that matter most to Michigan families, including clean water, smooth roads, fast internet, and beautiful parks,” said Governor Gretchen Whitmer. “I am so proud that the Michigan Legislature and I were able to come together to get this done. This bill will make a real difference in our communities, support tens of thousands of good-paying jobs, and set up Michigan’s economy for decades of success. It is a testament to what is possible when we put Michiganders first.”
“Over the past year, the Michigan Democratic delegation has delivered for our state- passing bills that protect people from COVID-19 and rebuilding our crumbling infrastructure,” said Senator Debbie Stabenow. “Now, we are partnering with Governor Whitmer to use this funding and make meaningful investments for Michigan residents. This means fixing our roads, replacing lead pipes, and finally tackling our spotty internet service. The best part is we can do all of this all while creating good paying jobs. Bottom line: it’s a win for Michigan.”
“The United States currently ranks 13th in the world in terms of our infrastructure- which is simply unacceptable,” said Senator Gary Peters. “We can and must do more to strengthen and prepare our infrastructure for the 21st century. I was proud to help pass the historic bipartisan infrastructure law that will repair our roads and bridges, expand high-speed internet, and replace aging water infrastructure to ensure access to clean drinking water. I applaud Governor Whitmer for her leadership in helping ensure the federal resources from the bipartisan infrastructure law will bolster Michigan’s economy and create good-paying jobs.”
“Every family in Michigan deserves access to safe and affordable drinking water,” said Senate Appropriations Committee Chairman Jim Stamas, R-Midland. “People living near the former Wurtsmith Air Force Base have been dealing with groundwater PFAS contamination for years. This additional funding will finally ensure that all affected families have access to clean drinking water in their homes.”
“I would like to take this opportunity to thank, on behalf of Oscoda Township, Governor Whitmer, the Michigan Legislature, more specifically Rep. Allor, and our federal representatives Congressman Kildee and Senator Peters for their work, in a bipartisan effort to get the needed funding to Oscoda Township for the critical water main extensions needed due to the PFAS contamination in our groundwater left from the former Wurtsmith Air Force Base that is affecting private water wells,” said Oscoda Township Trustee Bill Palmer. “Oscoda Township has been doing the extensions in relatively small phases as funding was available, now with this larger funding of $8.58 million we can expedite the extension process and get more residents connected in a shorter period of time. I believe this is a perfect example of what can be accomplished when we have bipartisan agreements on critical issues like contaminated drinking water. Again, a most sincere thank you to all who helped in securing this funding and to Governor Whitmer for signing the bill into law.”
The Building Michigan Together Plan includes almost $2 billion to help fix critical water infrastructure problems.
$210 million of the $2 billion will help repair dams in Midland and Gladwin Counties. An additional $40 million will be used to eliminate, renovate and repair dams statewide.
More information about the plan can be found at Michigan.gov.
Copyright 2022 WNEM. All rights reserved. | https://www.wnem.com/2022/04/11/8m-going-iosco-co-address-pfas/ | 2022-04-12T00:06:06 | 1 | https://www.wnem.com/2022/04/11/8m-going-iosco-co-address-pfas/ |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Cabaletta Bio, Inc. ("Cabaletta or the "Company") (NASDAQ: CABA) and certain of its officers. The class action, filed in the United States District Court for the Eastern District of Pennsylvania, and docketed under 22-cv-00737, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) Cabaletta common stock pursuant and/or traceable to the Offering Documents (defined below) issued in connection with the Company's initial public offering conducted on or about October 24, 2019 (the "IPO" or "Offering"); and/or (b) Cabaletta securities between October 24, 2019 and December 13, 2021, both dates inclusive (the "Class Period"). Plaintiff pursues claims against the Defendants under the Securities Act of 1933 (the "Securities Act") and the Securities Exchange Act of 1934 (the "Exchange Act").
If you are a shareholder who purchased or otherwise acquired Cabaletta common stock pursuant and/or traceable to the IPO; and/or Cabaletta securities during the Class Period, you have until April 29, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Cabaletta, a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with B cell-mediated autoimmune diseases. The Company's proprietary technology utilizes chimeric autoantibody receptor (CAAR) T cells that are designed to selectively bind and eliminate B cells, which produce disease-causing autoantibodies or pathogenic B cells. Cabaletta's lead product candidate is DSG3-CAART, which is in Phase I clinical trial for the treatment of mucosal pemphigus vulgaris (the "Phase 1 Clinical Trial"), an autoimmune blistering skin disease, and Hemophilia A with Factor VIII alloantibodies.
On September 30, 2019, Cabaletta filed a registration statement on Form S-1 with the SEC in connection with the IPO, which, after amendment, was declared effective by the SEC on October 24, 2019 (the "Registration Statement").
On October 25, 2019, Cabaletta filed a prospectus on Form 424B4 with the SEC in connection with the IPO, which incorporated and formed part of the Registration Statement (the "Prospectus" and, together with the Registration Statement, the "Offering Documents").
Pursuant to the Offering Documents, Cabaletta conducted the IPO, selling approximately 6.8 million shares of common stock priced at $11.00 per share, for approximate proceeds of $69.5 million to the Company after applicable underwriting discounts and commissions, and before expenses.
The complaint alleges that, the Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Additionally, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, the Offering Documents and Defendants made false and/or misleading statements and/or failed to disclose that: (i) top-line data of the Phase 1 Clinical Trial indicated that DSG3-CAART had, among other things, worsened certain participants' disease activity scores and necessitated additional systemic medication to improve disease activity after DSG3-CAART infusion; (ii) accordingly, DSG3-CAART was not as effective as the Company had represented to investors; (iii) therefore, the Company had overstated DSG3-CAART's clinical and/or commercial prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
On December 14, 2021, Cabaletta issued a press release "report[ing] top-line data on biologic activity from the two lowest dose cohorts in the DesCAARTes™ Phase 1 clinical trial of DSG3-CAART for the treatment of patients with mucosal Pemphigus Vulgaris (mPV)." Among other results, Cabaletta reported that two cohort participants had "disease activity scores that worsened . . . after DSG3-CAART infusion" and thus "reduced or discontinued selected systemic therapies prior to DSG3-CAART infusion, as required by the protocol", while another participant "subsequently received systemic medication to improve disease activity after DSG3-CAART infusion."
On this news, Cabaletta's stock price fell $9.15 per share, or 73.14%, to close at $3.36 per share on December 14, 2021.
As of the time this Complaint was filed, the price of Cabaletta common stock continues to trade below the $11.00 per share Offering price, damaging investors.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-cabaletta-bio-inc-class-action-lawsuit-upcoming-deadline-caba/ | 2022-04-12T00:06:07 | 0 | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-cabaletta-bio-inc-class-action-lawsuit-upcoming-deadline-caba/ |
Alabama woman says she found Apple Airtag tracking device on her car
MOBILE, Ala. (WALA/Gray News) - An Alabama woman said someone might be stalking her after she said she found a tracking device on her car.
Her father, John Price, said his daughter informed him that she got a notification on her cell phone saying she was being tracked while on her way home from work.
Price said the notification popped up on his 23-year-old daughter’s cell phone Thursday.
Frantic, he said, she called her family to figure out what to do next. While on the phone with her, Price said his daughter found an Apple Airtag on her tire’s wheel well.
Airtags are quarter-sized devices created to help users keep track of personal items like their keys, purse, or luggage through the “Find My App.”
But if it gets into the wrong hands, it can be used to track someone.
“It was just one of those really scary moments for any parent to find out that your 23-year-old daughter is being tracked,” Price said.
Price said they contacted police in Mobile, Alabama, about it, but it’s unclear at this time who the device belongs to or who put it on his daughter’s car.
According to Fox News, similar incidents have been reported across the nation. A Sports Illustrated model even claimed an Airtag was placed in her coat while she was out with friends in New York City.
Price said he put pictures from his daughter about the tracking on Facebook to warn others to check their vehicle. The post was shared more than 3,000 times in less than 24 hours.
“You never really think it’s going to pertain to you or your family until it does, and then you’re like, ‘Holy cow!’ This is my daughter,” Price said. “Hopefully it helps somebody down the road find something that’s not supposed to be there.”
Apple has some advice on its website so you can be notified if someone is stalking you with an Airtag.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wnem.com/2022/04/11/alabama-woman-says-she-found-apple-airtag-tracking-device-her-car/ | 2022-04-12T00:06:12 | 0 | https://www.wnem.com/2022/04/11/alabama-woman-says-she-found-apple-airtag-tracking-device-her-car/ |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Cano Health, Inc. ("Cano" or the "Company") f/k/a Jaws Acquisition Corp. ("Jaws") (NYSE: CANO; CANO/WS; JWS; JWS.U; JWS WS) and certain of its officers. The class action, filed in the United States District Court for the Southern District of Florida, and docketed under 22-cv- 20827, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Cano securities between May 18, 2020 and February 25, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Cano securities during the Class Period, you have until May 17, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Cano provides primary care medical services to its members in the United States and Puerto Rico. The Company owns and operates medical centers, as well as operates pharmacies.
Cano used to be a special purpose acquisition company ("SPAC") and operated under the name "Jaws Acquisition Corp." A SPAC, also called a blank-check company, is a development stage company that has no specific business plan or purpose or has indicated its business plan is to engage in a merger or acquisition with an unidentified company or companies, other entity, or person. On June 3, 2021, Jaws consummated a merger with Primary Care (ITC) Intermediate Holdings, LLC, whereby, among other things, Jaws changed its name to "Cano Health, Inc." and began to provide primary care medical services (the "Business Combination").
As a publicly traded company, Cano must adhere to strict financial reporting requirements by, among other things, timely filing periodic financial reports with the U.S. Securities and Exchange Commission and complying with Financial Accounting Standards Board guidelines, including Accounting Standards Update No. 2014-09, Revenue from Contracts with Customers (Topic 606) ("ASC 606"). Particularly, under ASC 606, Cano must analyze its revenue recognition with respect to, inter alia, certain Medicare risk adjustments.
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Cano overstated its due diligence efforts and expertise with respect to acquiring target businesses; (ii) accordingly, Cano performed inadequate due diligence into whether the Company, post-Business Combination, could properly account for the timing of revenue recognition as prescribed by ASC 606, particularly with respect to Medicare risk adjustments; (iii) as a result, the Company misstated its capitated revenue, direct patient expense, accounts receivable, net of unpaid service provider costs, and accounts payable and accrued expenses; (iv) accordingly, the Company was at an increased risk of failing to timely file one or more of its periodic financial reports; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
On February 28, 2022, Cano issued a press release "announc[ing] it will delay its fourth quarter and full year 2021 earnings release, conference call and 2022 guidance updates, previously scheduled for Monday, February 28, 2022." In explaining the delay, Cano advised that "in the course of finalizing its audit of the financial statements for the year ended December 31, 2021, the Company and its independent auditor . . . identified certain potential non-cash adjustments to account for revenue recognition under accounting standard ASC 606." Specifically, Cano advised that "[t]he adjustments relate to how and when the Company accrues revenue related to Medicare Risk Adjustments" and that "[t]he adjustments are expected to impact the timing of revenue recognition, by delaying recognition of certain amounts related to the Medicare Risk Adjustment to subsequent periods[.]"
On this news, Cano's Class A common stock price fell $0.32 per share, or 6.17%, to close at $4.87 per share on February 28, 2022.
On March 14, 2022, Cano filed its annual report for the quarter and year ended December 31, 2021 (the "2021 10-K"). That filing stated, inter alia, that "[t]he correction in the timing of revenue recognition under ASC 606 resulted in adjustments to capitated revenue, direct patient expense, accounts receivable, net of unpaid service provider costs, and accounts payable and accrued expenses[,]" and that the Company therefore "restated its financial statements for each of the quarterly periods ended March 31, 2021, June 30, 2021 and September 30, 2021 in the [2021 10-K.]" For example, the 2021 10-K reported that, as restated, capitated revenue decreased 2.13% for the three months ended March 31, 2021; 13.11% for the three months ended June 30, 2021; and 5.58% for the three months ended September 30, 2021.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-cano-health-inc-fka-jaws-acquisition-corp-class-action-lawsuit-upcoming-deadline-cano-canows-jws-jwsu-jws-ws/ | 2022-04-12T00:06:14 | 1 | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-cano-health-inc-fka-jaws-acquisition-corp-class-action-lawsuit-upcoming-deadline-cano-canows-jws-jwsu-jws-ws/ |
UM-Flint offering Accelerated Online Degree Completion programs
FLINT, Mich. (WNEM) - The Accelerated Online Degree Completion (AODC) program offered at the University of Michigan in Flint was created to help students who have earned college credits complete a bachelor’s degree and learn skills by employers.
UM-Flint says, over 1.6 million Michiganders have earned some college credits, but do not have a degree. AODC is offered to help students with a 100 percent online format, support services, and scholarships.
Every course offered is seven weeks long with six start dates for students to sign up for throughout the year.
Students can earn a Bachelor of Interdisciplinary Services and chose two of three certificates offered to complete. There is Cybersecurity Fundamentals, Data Analytics and Interpretation, and Digital Communication.
Faculty experts will review a students’ professional certificates, military training, and standardized test scores through Credit for Prior Learning to determine if the experiences meet the standards of the UM-Flint curriculum.
New AODC students can apply for a scholarship up to $8,000 in their first year of enrollment provided by the Charles Stewart Mott Foundation.
“Empowering our community through a transformational education is central to the mission of UM-Flint,” said Chancellor Deba Dutta. “Having a family—or working a job—should not exclude someone from a quality education. AODC empowers countless students to earn a renowned bachelor’s degree by acknowledging the realities today’s learners are now facing.”
AODC courses start in August. Applications are open now.
Residents interested in more information can attend at 30-minute virtual information session on April 20 starting at noon.
Registration is available here.
Copyright 2022 WNEM. All rights reserved. | https://www.wnem.com/2022/04/11/um-flint-offering-accelerated-online-degree-completion-programs/ | 2022-04-12T00:06:20 | 1 | https://www.wnem.com/2022/04/11/um-flint-offering-accelerated-online-degree-completion-programs/ |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Embark Technology, Inc. f/k/a Northern Genesis Acquisition Corp. II ("Embark" or the "Company") (NASDAQ: EMBK; EMBKW) (NYSE: NGAB.U; NGAB; NGAB WS) and certain of its officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 22-cv-02090, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Embark securities between January 12, 2021 and January 5, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Embark securities during the Class Period, you have until May 31, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Embark develops self-driving software solutions for the trucking industry in the U.S. The Company was originally a special purpose acquisition company, also called a blank-check company, which is a development stage company that has no specific business plan or purpose or has indicated its business plan is to engage in a merger or acquisition with an unidentified company or companies, other entity, or person.
On November 10, 2021, the Company consummated a merger transaction with Embark Trucks Inc., a Delaware corporation ("Legacy Embark"), whereby, among other things, the Company changed its name from "Northern Genesis Acquisition Corp. II" to "Embark Technology, Inc." (the "Business Combination").
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company had performed inadequate due diligence into Legacy Embark; (ii) Legacy Embark and the Company following the Business Combination held no patents and an insignificant amount of test trucks; (iii) accordingly, the Company had overstated its operational and technological capabilities; (iv) as a result of all the foregoing, the Company had overstated the business and financial prospects of the Company post-Business Combination; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
On January 6, 2022, The Bear Cave published a short report entitled "Problems at Embark Technology (EMBK)" (the "Bear Cave Report"). The Bear Cave Report alleged, among other issues, "that Embark appears to lack true economic substance" and that its "current evaluation appears to be based on puffery rather than actual substance", noting that "[t]he company holds no patents, has only a dozen or so test trucks, and may be more bark than bite."
On this news, Embark's stock price fell $1.37 per share, or 16.75%, to close at $6.81 per share on January 6, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-embark-technology-inc-fka-northern-genesis-acquisition-corp-ii-class-action-lawsuit-upcoming-deadline-embk-embkw-ngabu-ngab-ngab-ws/ | 2022-04-12T00:06:21 | 0 | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-embark-technology-inc-fka-northern-genesis-acquisition-corp-ii-class-action-lawsuit-upcoming-deadline-embk-embkw-ngabu-ngab-ngab-ws/ |
CLEARWATER, Fla. (WFLA) — A Tampa photographer managed to get a rare photo of the Sun shining through Pier 60’s dock during a Sunday sunset.
Lance Raab said this was one of the few nights where the sunset lines up directly under the pier.
“We lucked out with perfect skies and weather to photograph it,” he wrote on his Instagram.
Raab works as a landscape photographer in the Tampa Bay area.
He has taken photos features several of our local landmarks, including the Pinellas Bayway Bridge, the Tampa skyline during Super Bowl night, and Amalie Arena. | https://www.wfla.com/news/pinellas-county/tampa-photographer-catches-sun-shining-under-pier-60/ | 2022-04-12T00:06:28 | 0 | https://www.wfla.com/news/pinellas-county/tampa-photographer-catches-sun-shining-under-pier-60/ |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Homology Medicines, Inc. ("Homology" or the "Company") (NASDAQ: FIXX) and certain of its officers. The class action, filed in the United States District Court for the Central District of California, and docketed under 22-cv-01968, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Homology securities between June 10, 2019 and February 18, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Homology securities during the Class Period, you have until May 24, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Homology, a genetic medicines company, focuses on transforming the lives of patients suffering from rare genetic diseases. The Company's lead product candidate is HMI-102, which is in Phase I/II pheNIX clinical trial, a gene therapy for the treatment of phenylketonuria (PKU) in adults (the "HMI-102 Trial").
On June 10, 2019, Homology issued a press release announcing that it had commenced enrollment of the HMI-102 Trial.
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company had overstated HMI-102's efficacy and risk mitigation; (ii) accordingly, it was unlikely that the Company would be able to commercialize HMI-102 in its present form; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
On July 21, 2020, Mariner Research ("Mariner") published a report questioning statements by Homology and its officers about the efficacy of HMI-102, the Company's lead product candidate for treatment of phenylketonuria. Mariner focused on Homology's HMI-102 dose escalation pheNIX trial, concluding that the Company concealed data showing HMI-102's lack of efficacy and indicating that the program was unlikely to proceed to commercialization. Among other evidence, Mariner cited an email from Homology's Chief Communications Officer appearing to indicate the Company's awareness that a HMI-102 high dose patient had adverted to the adverse efficacy issue in a social media post during April 2020.
On this news, Homology's stock price fell $1.71 per share, or 10.38%, over the following three trading days, closing at $14.77 per share on July 24, 2020.
Then, on February 18, 2022, Homology issued a press release disclosing that "the U.S. Food and Drug Administration has notified the company that its pheNIX gene therapy trial of HMI-102 in adults with phenylketonuria has been placed on clinical hold due to the need to modify risk mitigation measures in the study in response to observations of elevated liver function tests" and that "[t]he Company expects to receive an official clinical hold letter within 30 days."
On this news, Homology's stock price fell $1.26 per share, or 32.64%, to close at $2.60 per share on February 22, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-homology-medicines-inc-class-action-lawsuit-upcoming-deadline-fixx/ | 2022-04-12T00:06:29 | 0 | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-homology-medicines-inc-class-action-lawsuit-upcoming-deadline-fixx/ |
WASHINGTON (Nexstar) — Americans hold between $90 billion and $200 billion in medical debt. That’s why the Biden Administration says getting sick or taking care of loved ones who are sick shouldn’t be a financial hardship.
On Monday, Vice President Kamala Harris announced new actions the federal government will take to help ease the burden of medical debt Americans face.
“No one in our nation should have to go bankrupt just to get the health care they need,” Harris said.
Health & Human Services Secretary Xavier Becerra said medical debt often “forces families into making impossible choices: Do I pay off my debt? Do I purchase life-saving medication?”
HHS will evaluate the practices of medical providers and debt collectors and hold them accountable for harmful practices.
“Credit reports are now being used as a weapon to coerce people into paying bills that they don’t even owe,” said Consumver Financial Protection Bureau Director Rohit Chopra.
The Biden administration also wants to reduce the impact medical debt can have on someone’s credit score.
The White House said these steps are important because one in three Americans have medical debt and it’s the largest source of debt collection in the US.
“For too many families some two-thirds of debtors medical issues, medical challenges and medical debt contribute to personal bankruptcy,” Becerra said.
The CFPB will also ramp up efforts to inform patients about their rights. The Biden administration also has ongoing efforts to help ease or even eliminate medical debt for veterans who are VA patients and qualify. | https://www.wfla.com/news/washington-dc/becerra-2-3-of-personal-bankruptcy-linked-to-medical-debt/ | 2022-04-12T00:06:34 | 1 | https://www.wfla.com/news/washington-dc/becerra-2-3-of-personal-bankruptcy-linked-to-medical-debt/ |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Telefonaktiebolaget LM Ericsson ("Ericsson" or the "Company") (NASDAQ: ERIC) and certain of its officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 22-cv-01167, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Ericsson securities between April 27, 2017 and February 25, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials
If you are a shareholder who purchased or otherwise acquired Ericsson securities during the Class Period, you have until May 2, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Ericsson, together with its subsidiaries, provides communication infrastructure, services, and software solutions to the telecommunications and other sectors. The Company operates in, among other countries, the Republic of Iraq ("Iraq").
Ericsson has a well-documented history of using bribes to secure business in countries throughout the Middle East and Asia. For example, in December 2019, Ericsson was the subject of a U.S. Securities and Exchange Commission ("SEC") action alleging, among other things, that the Company used third party consultants and illicit payments from 2011 through early 2017 to access business in Djibouti, Saudi Arabia, and China. The Company also entered into a Deferred Prosecution Agreement with the U.S. Department of Justice ("DOJ") the same month for its illicit business dealings.
Following the foregoing regulatory enforcement actions—which resulted in Ericsson being fined over $520 million and nearly $540 million by the DOJ and SEC, respectively—Ericsson repeatedly assured investors that the Company had a "zero tolerance" stance for bribery and was making significant investments in related programs. For example, in a December 2019 press release, the Company asserted that it was "[e]nhancing . . . internal anti-corruption and compliance related awareness campaigns (including the Company's zero tolerance for corruption)." Likewise, in its 2019 annual report, the Company asserted that it has "zero tolerance for corruption" and "work[s] hard every day to build a culture of compliance, anchored securely within the organization, to ensure that such an event will never happen again."
The complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Ericsson overstated the extent to which it had reformed its business practices to eliminate the use of bribes to secure business in foreign countries; (ii) Ericsson had paid bribes to the terrorist group the Islamic State in Iraq and Syria ("ISIS" or the "Islamic State") to gain access to certain transport routes in Iraq; (iii) accordingly, the Company's revenues derived from its operations in Iraq were, in at least substantial part, derived from unlawful conduct and thus unsustainable; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
On February 15, 2022, during intraday trading hours, Ericsson issued a press release disclosing media inquiries into its business dealings in Iraq. That press release assured investors of the Company's "transparency" regarding these inquiries, while vaguely alluding to having undertaken its own investigative and compliance efforts.
Then, on February 16, 2022, Ericsson's Chief Executive Officer told a Swedish newspaper that the Company may have made payments to ISIS to gain access to certain transport routes in Iraq, noting that the Company had identified "unusual expenses dating back to 2018" but had not yet determined the final recipient of the funds for those expenses, although Defendants could "see that it disappeared[,]" and that Ericsson has spent "considerable resources trying to understand this as best we can."
Following these disclosures, Ericsson's American Depositary Share ("ADS") price fell $1.44 per ADS, or 11.57%, to close at $11.01 per ADS on February 16, 2022.
Finally, on Sunday, February 27, 2022, the International Consortium of Investigative Journalists ("ICIJ") published a report on Ericsson's alleged dealings with ISIS in Iraq, citing a leaked internal investigation that revealed that Ericsson had reportedly made "tens of millions of dollars in suspicious payments" over nearly a decade to keep its business in the country. The ICIJ report also alleged that "a spreadsheet lists company probes into possible bribery, money laundering and embezzlement by employees in Angola, Azerbaijan, Bahrain, Brazil, China, Croatia, Libya, Morocco, the United States and South Africa[,]" which "have not been previously disclosed."
On this news, Ericsson's ADS price fell $0.84 per ADS, or 8.3%, from its closing price on February 25, 2022, to close at $9.28 per ADS on February 28, 2022, the next trading day.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
View original content to download multimedia:
SOURCE Pomerantz LLP | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-telefonaktiebolaget-lm-ericsson-class-action-lawsuit-upcoming-deadline-eric/ | 2022-04-12T00:06:36 | 1 | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-telefonaktiebolaget-lm-ericsson-class-action-lawsuit-upcoming-deadline-eric/ |
NEW YORK, April 11, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of SailPoint Technologies Holdings, Inc. ("SailPoint" or the "Company") (NYSE: SAIL), in connection with the proposed acquisition of the Company by Thoma Bravo. Under the terms of the merger agreement, the Company's shareholders will receive $65.25 in cash for each share of SailPoint common stock owned. The transaction is valued at approximately $6.9 billion.
If you own SailPoint shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/sail
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) SailPoint's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $65.25 per-share merger consideration adequately compensates SailPoint's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed. Notably, at least one analyst set a price target for the Company of $75 per share, $9.75 above the per-share merger consideration.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com
View original content to download multimedia:
SOURCE Weiss Law | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-weiss-law-investigates-sailpoint-technologies-holdings-inc/ | 2022-04-12T00:06:43 | 1 | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-weiss-law-investigates-sailpoint-technologies-holdings-inc/ |
NEW YORK, April 11, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Columbia Care Inc. (OTCQX: CCHWF)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Columbia Care Inc. (OTCQX: CCHWF) in connection with its proposed merger with Cresco Labs ("Cresco"). Under the terms of the merger agreement, CCHWF shareholders will receive 0.5579 shares of Cresco for each share of CCHWF common stock owned, representing an implied per-share merger consideration of approximately $3.12 based upon Cresco's April 8, 2022 closing price of $5.60. If you own CCHWF shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/cchwf
Emclaire Financial Corp (NASDAQ: EMCF)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Emclaire Financial Corp (NASDAQ: EMCF) in connection with the proposed merger of EMCF with Farmers National Banc Corp. ("Farmers"). Under the terms of the merger agreement, each shareholder of EMCF may elect to receive either $40.00 per share in cash or 2.15 shares of Farmers' common stock, subject to an overall limitation of 70% of the shares being exchanged for Farmers' shares and 30% for cash. If you own EMCF shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/emcf
The National Security Group, Inc. (NASDAQ: NSEC)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of The National Security Group, Inc. (NASDAQ: NSEC), in connection with the proposed acquisition of NSEC by VR Insurance Holdings, Inc. Under the terms of the merger agreement, NSEC's shareholders will receive $16.35 in cash for each share of NSEC common stock that they hold. If you own NSEC shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/nsec
Exterran Corporation (NYSE: EXTN)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Exterran Corporation (NYSE: EXTN) in connection with the proposed merger of EXTN with Enerflex Ltd. ("Enerflex"). Under the terms of the merger agreement, EXTN shareholders will receive 1.021 shares of Enerflex common stock for each share of EXTN common stock that they hold. If you own EXTN shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/extn
View original content to download multimedia:
SOURCE Weiss Law | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-weiss-law-reminds-cchwf-emcf-nsec-extn-shareholders-about-its-ongoing-investigations/ | 2022-04-12T00:06:50 | 1 | https://www.1011now.com/prnewswire/2022/04/11/shareholder-alert-weiss-law-reminds-cchwf-emcf-nsec-extn-shareholders-about-its-ongoing-investigations/ |
DENVER, April 11, 2022 /PRNewswire/ - SSR Mining Inc. (NASDAQ: SSRM) (TSX: SSRM) (ASX: SSR) ("SSR Mining") announces the date for its first quarter 2022 consolidated financial results news release and conference call. Investors, media and the public are invited to listen to the conference call.
- News release containing first quarter consolidated financial results: Tuesday, May 3, 2022, before markets open.
- Conference call and webcast: Tuesday, May 3, 2022, at 5:00 pm EDT.
Toll-free in U.S. and Canada: +1 (800) 319-4610
All other callers: +1 (604) 638-5340
Webcast: http://ir.ssrmining.com/investors/events - The conference call will be archived and available on our website. Audio replay will be available for two weeks by calling:
Toll-free in U.S. and Canada: +1 (855) 669-9658, replay code 8630
All other callers: +1 (412) 317-0088, replay code 8630
About SSR Mining
SSR Mining Inc. is a leading, free cash flow focused gold company with four producing operations located in the USA, Turkey, Canada, and Argentina, combined with a global pipeline of high-quality development and exploration assets. In 2021, the four operating assets produced approximately 794,000 gold-equivalent ounces. SSR Mining is listed under the ticker symbol SSRM on the NASDAQ and the TSX, and SSR on the ASX.
SSR Mining Contacts
F. Edward Farid, Executive Vice President, Chief Corporate Development Officer
Alex Hunchak, Director, Corporate Development and Investor Relations
SSR Mining Inc.
E-Mail: invest@ssrmining.com
Phone: +1 (416) 306-5789
To receive SSR Mining's news releases by e-mail, please register using the SSR Mining website at www.ssrmining.com.
View original content:
SOURCE SSR Mining Inc. | https://www.1011now.com/prnewswire/2022/04/11/ssr-mining-announce-first-quarter-2022-consolidated-financial-results-may-3-2022/ | 2022-04-12T00:06:57 | 1 | https://www.1011now.com/prnewswire/2022/04/11/ssr-mining-announce-first-quarter-2022-consolidated-financial-results-may-3-2022/ |
MIAMI, April 11, 2022 /PRNewswire/ -- St. Thomas University President David A. Armstrong, J.D., has been selected to the Board of Trustees of The Southern Association of Colleges and Schools Commission on Colleges (SACSCOC), the body responsible for the accreditation of degree-granting higher education institutions in the Southern states. As a Trustee for SACSCOC, President Armstrong and the Board will guide the organization's work and implement the accreditation process.
President Armstrong's selection to the SACSCOC Board of Trustees follows a tradition of celebrated servant leadership in higher education.
1. From 2009 to 2011, he distinguished himself for three years as the President of the National Catholic College Admission Association (National CCAA), a nonprofit organization of Catholic colleges and universities committed to promoting the value of Catholic higher education and to serving students, parents, and counselors.
2. In 2010, after a presentation for the Department of Education's Office for Civil Rights at the University of Maryland, then Vice President Joe Biden recognized President Armstrong as "one of the heroes for Title IX and campus safety policies and procedures".
3. From 2017 to 2020, Armstrong served on the Committee on Accountability for the National Association of Independent Colleges and Universities (NAICU), which serves as the unified voice of private, nonprofit higher education.
"A college education changes students' lives, not only for themselves, but for their families, and the generations that follow," commented Armstrong. "I am blessed to be given the opportunity to serve on the Board of Trustees at SACSCOC, helping to continue their pursuit of quality education, and commitment to students. I would like to personally thank Dr. H. Keith Wade, President of Webber International University for the nomination, and Dr. Belle S. Wheeland, President of SACSCOC, for her belief in me to serve the organization."
Entering his fourth year as President of St. Thomas University (STU), Armstrong has led STU to three years in a row of record undergraduate enrollment. The Fall 2021 semester saw the largest incoming class in the 60-year history of the University, with a 15% increase over 2020. STU's College of Law, continuously ranked nationally in the Top 5 for Diversity, also had an 18% increase in enrollment. STU students hail from 41 U.S. states or territories, and 70 countries.
St. Thomas University (STU) is a private, non-profit Catholic institution committed to the academic and professional success of its students who become ethical leaders in our global community. Rich with cultural and international diversity, STU is the only Catholic archdiocesan-sponsored university in Florida.
On our beautiful campus and online, the university's College of Health Sciences & Technology, College of Law, College of Business and Biscayne College offer 61 undergraduate and graduate degree programs, and post-graduate certificate programs.
In 2020, STU launched our Limitless five-year strategic plan, based on the pillars of limitless Devotion, limitless Opportunities, and limitless Results. The plan, conceived to provide students with a magical collegiate experience, incorporates mentoring faculty, character formation activities outside the classroom, and required real-world experience before graduation.
Contact: Donna Jannine
St. Thomas University Media Relations
(m) 786.390.4688
djannine@stu.edu
View original content to download multimedia:
SOURCE St. Thomas University | https://www.1011now.com/prnewswire/2022/04/11/st-thomas-university-president-david-armstrong-jd-selected-board-trustees-southern-association-colleges-schools-commission-colleges/ | 2022-04-12T00:07:04 | 1 | https://www.1011now.com/prnewswire/2022/04/11/st-thomas-university-president-david-armstrong-jd-selected-board-trustees-southern-association-colleges-schools-commission-colleges/ |
EASTON, Md., April 11, 2022 /PRNewswire/ -- TeraWulf Inc. (NASDAQ: WULF) ("TeraWulf" or the "Company"), which owns and operates fully integrated environmentally clean bitcoin mining facilities in the United States, today announced that it is commencing an underwritten public offering of its common stock (the "Offering"). TeraWulf also expects to grant to the underwriter for the Offering a 30-day option to purchase up to an additional 15% of the number of shares of common stock offered in the public offering. All of the shares to be sold in the Offering will be sold by TeraWulf, subject to customary closing conditions. TeraWulf intends to use the net proceeds from the Offering for mining operations and digital asset infrastructure and for working capital and general corporate purposes. Certain of TeraWulf's existing investors, including the Company's Chief Executive Officer Paul Prager, have agreed to purchase $5,000,000 of shares of the Company's common stock, at a price of $7.88 per share (the last reported sale price of the common stock on the Nasdaq on April 8, 2022) in a private offering, which is expected to close prior to or concurrently with the closing of the Offering.
Cantor Fitzgerald & Co. is acting as sole book-running manager for the Offering.
The Offering is being made pursuant to a shelf registration statement (File No. 333-262226) declared effective by the Securities and Exchange Commission ("SEC") on February 4, 2022. A preliminary prospectus supplement relating to the Offering will be filed with the SEC. The securities may be offered only by means of a written prospectus, including a prospectus supplement, forming a part of the effective registration statement. When available, copies of the preliminary prospectus supplement and accompanying base prospectus relating to the Offering may be obtained from the SEC at http://www.sec.gov. Alternatively, copies of the preliminary prospectus supplement and the accompanying prospectus relating to the Offering can be obtained, when available, from Cantor Fitzgerald & Co., Attn: Capital Markets, 499 Park Avenue, 6th floor, New York, NY 10022; Email: prospectus@cantor.com. The final terms of the Offering will be disclosed in a final prospectus supplement to be filed with the SEC.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
TeraWulf (Nasdaq: WULF) was formed by an experienced group of energy entrepreneurs to own and operate fully integrated environmentally clean bitcoin mining facilities in the United States. The Company is developing two mining facilities, Lake Mariner in New York and Nautilus Cryptomine in Pennsylvania, with the objective 800 megawatts of mining capacity deployed by 2025, enabling over 23 exahash per second of expected hashrate. TeraWulf will generate domestically produced bitcoin powered by nuclear, hydro and solar energy with a goal of utilizing 100% zero-carbon energy. With a core focus of ESG that ties direction to its business success, TeraWulf expects to offer attractive mining economics at an industrial scale.
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, as amended. Such forward-looking statements include statements concerning anticipated future events and expectations that are not historical facts. All statements, other than statements of historical fact, are statements that could be deemed forward-looking statements. In addition, forward-looking statements are typically identified by words such as "plan," "believe," "goal," "target," "aim," "expect," "anticipate," "intend," "outlook," "estimate," "forecast," "project," "continue," "could," "may," "might," "possible," "potential," "predict," "should," "would" and other similar words and expressions, although the absence of these words or expressions does not mean that a statement is not forward-looking. Forward-looking statements are based on the current expectations and beliefs of TeraWulf's management and are inherently subject to a number of factors, risks, uncertainties and assumptions and their potential effects. There can be no assurance that future developments will be those that have been anticipated. Actual results may vary materially from those expressed or implied by forward- looking statements based on a number of factors, risks, uncertainties and assumptions, including, among others: (1) conditions in the cryptocurrency mining industry, including fluctuation in the market pricing of bitcoin and other cryptocurrencies, and the economics of cryptocurrency mining, including as to variables or factors affecting the cost, efficiency and profitability of cryptocurrency mining; (2) competition among the various providers of data mining services; (3) changes in applicable laws, regulations and/or permits affecting TeraWulf's operations or the industries in which it operates, including regulation regarding power generation, cryptocurrency usage and/or cryptocurrency mining; (4) the ability to implement certain business objectives and to timely and cost-effectively execute integrated projects; (5) failure to obtain adequate financing on a timely basis and/or on acceptable terms with regard to growth strategies or operations; (6) loss of public confidence in bitcoin or other cryptocurrencies and the potential for cryptocurrency market manipulation; (7) the potential of cybercrime, money-laundering, malware infections and phishing and/or loss and interference as a result of equipment malfunction or break-down, physical disaster, data security breach, computer malfunction or sabotage (and the costs associated with any of the foregoing); (8) the availability, delivery schedule and cost of equipment necessary to maintain and grow the business and operations of TeraWulf, including mining equipment and equipment meeting the technical or other specifications required to achieve its growth strategy; (9) employment workforce factors, including the loss of key employees; (10) litigation relating to TeraWulf, IKONICS and/or the business combination; (11) the ability to recognize the anticipated objectives and benefits of the business combination; and (12) and other risks and uncertainties detailed from time to time in the Company's filings with the SEC. Potential investors, stockholders and other readers are cautioned not to place undue reliance on these forward- looking statements, which speak only as of the date on which they were made. TeraWulf does not assume any obligation to publicly update any forward- looking statement after it was made, whether as a result of new information, future events or otherwise, except as required by law or regulation. Investors are referred to the full discussion of risks and uncertainties associated with forward-looking statements and the discussion of risk factors contained in the Company's filings with the SEC, which are available at www.sec.gov.
Investors
Sandy Harrison
harrison@terawulf.com
(410) 770-9500
Media
Michael Freitag / Joseph Sala / Lyle Weston
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
View original content:
SOURCE TeraWulf Inc. | https://www.1011now.com/prnewswire/2022/04/11/terawulf-inc-announces-proposed-public-offering-common-stock/ | 2022-04-12T00:07:11 | 1 | https://www.1011now.com/prnewswire/2022/04/11/terawulf-inc-announces-proposed-public-offering-common-stock/ |
DALLAS, April 11, 2022 /PRNewswire/ -- Topgolf Entertainment Group, a modern day, technology-enabled golf entertainment company, is set to open a first-of-its-kind experience in El Segundo, Calif. on Friday, April 15. The location features traditional and non-traditional ways to play golf through the company's signature three-level venue experience as well as an adjacent 10-hole, lighted, par-3 golf course.
Located along the prominent Pacific Coast Highway, Topgolf's 76th outdoor global venue welcomes all communities in and around El Segundo and Los Angeles County to enjoy both Topgolf's signature, technology-driven multi-level entertainment experience and traditional golf via the refreshed Lakes at El Segundo golf course.
"This is a very exciting opening for Topgolf as the game of golf continues to grow and diversify both on and off the course. We are thrilled to be part of this movement and for the opportunity to become a part of the El Segundo community," said Topgolf Chief Executive Officer Artie Starrs. "From the variety of experiences to the next-level technology features, our El Segundo location will bring the power of play to so many as we continue to shape the future of golf."
The Topgolf venue in El Segundo is an open-air, three-level venue that features 102 outdoor hitting bays, a restaurant and sports bar offering chef-inspired menu items, top-shelf drinks, music and year-round programming for all ages. The venue is fully equipped with Topgolf's latest technology including a giant TV wall, brand-new ball dispenser units, large HD screens in the outfield, and the company's signature Toptracer technology. Toptracer is the most trusted ball-tracing technology in the golf industry, powering the experience at the venue and enabling players at Topgolf to enjoy favorite games including Angry Birds and Jewel Jam.
As part of the unmatched experience, Topgolf partnered with renowned golf course designer Mike Angus to refresh and reintroduce the beloved Lakes at El Segundo golf course to the community.
The course features a 10-hole, par-3 course where players can have laid back fun while playing a round of traditional golf. The course was uniquely designed to not only challenge the experienced golfer, but also create a fun experience for the novice golfer. Each hole is unique as players discover quirky names and hidden gems throughout the course. Similar to what players can experience in venue or see on TV during professional golf majors, the 10th hole of the course is equipped with Topgolf's Toptracer technology that allows players to trace their shots like the pros. After assuming operations of The Lakes at El Segundo, Topgolf renovated the golf course complete with new turf and grass, refurbished lakes, night-lighting, a built-in music system, and a brand-new Golf Shop offering food, beverages and golf equipment.
Beyond playing at the venue and golf course, Topgolf El Segundo and The Lakes at El Segundo will collectively employ approximately 500 Associates, further strengthening the Greater Los Angeles area's economy. Those interested in joining the team at Topgolf can visit Topgolf's career website.
As part of Topgolf's ongoing commitment to bring the power of play to the community, Topgolf hosted a unique ceremonial eightsome charity swing event that benefited the local Los Angeles Make-A-Wish® Chapter. Composed of local celebrities, well-known golfers, and public officials, Topgolf donated $20,000 to grant a child's wish in the greater Los Angeles area.
This latest Topgolf in El Segundo marks the fourth venue to serve the state of California alongside venues in Ontario, San Jose and Roseville (Sacramento).
For more information, including hours of operation and pricing, visit the Topgolf El Segundo and The Lakes at El Segundo golf course pages.
About Topgolf Entertainment Group
Topgolf Entertainment Group is a technology-enabled global sports and entertainment company committed to bringing players joy through more ways to play the game of golf. What started as a simple idea to enhance the game of golf has grown into a movement where people from all walks of life can play at the intersection of technology and sports entertainment. Topgolf Entertainment Group's platforms include Topgolf venues, Topgolf Media and Gaming, and Toptracer technology. Follow @topgolf on Instagram, Facebook, Twitter and LinkedIn, or visit the Topgolf Press page for the latest news.
About Topgolf Venues
Topgolf venues bring people together to play in a dynamic, technology-driven golf entertainment experience.. With an energetic atmosphere, Topgolf venues feature high-tech gaming, outdoor hitting bays, chef-driven menus, hand-crafted cocktails, music, corporate and social event spaces, and more. Topgolf entertains more than 30 million guests annually at nearly 80 locations across the globe. To learn more or plan your visit, visit topgolf.com.
Topgolf Media Contact:
Kara Barry
Head of Communications
Email: press@topgolf.com
View original content to download multimedia:
SOURCE Topgolf Entertainment Group | https://www.1011now.com/prnewswire/2022/04/11/topgolf-opens-first-of-its-kind-experience-el-segundo-with-venue-newly-renovated-lakes-el-segundo-golf-course/ | 2022-04-12T00:07:19 | 0 | https://www.1011now.com/prnewswire/2022/04/11/topgolf-opens-first-of-its-kind-experience-el-segundo-with-venue-newly-renovated-lakes-el-segundo-golf-course/ |
VIENNA, April 11, 2022 /PRNewswire/ -- Inviting someone for a coffee or smiling at a stranger could inspire thousands more acts of kindness, according to Julius Meinl – one of Europe's oldest coffee brands.
To mark its 160th anniversary, Julius Meinl is lifting the lid on simple acts of gratitude with a new study into everyday moments that mean the most. 4,000 adults were polled, with responses highlighting that saying 'thank you' is one of the most powerful gestures you can make.
The study revealed that for every 'thank you' received, more thanks are given, creating a chain reaction of gratitude and kindness. And thanking someone goes beyond words: 79% of respondents agree that inviting someone for a coffee is by far one of the most popular ways to express gratitude, followed by a hug, which one in two people believe is an easy gesture you can make.
Across Vienna, Milan, Zagreb and Bucharest, 85% of respondents agreed that a smile from a stranger can brighten their day – proving that simple gestures have a transformative effect.
Christina Meinl, Managing Director of Julius Meinl Austria, said: "The world needs more kindness right now, and this study proves how everyday gestures can make a big impact. As we mark our 160th anniversary, we want to create even more meaningful moments in people's lives. Inspired by Vienna coffeehouse culture, which is globally recognised by UNESCO, the 'Say Thank You' initiative aims to spread gratitude with every cup of our coffee served."
The study also revealed that over a third of respondents are more likely to say 'thank you' now than two years ago, with 26% of those explaining they have chosen to be nicer post-pandemic.
What's more, 63% of people feel taken for granted in the workplace. One of the most impactful ways to show appreciation at work is to take someone for a coffee break, according to over half of respondents (55%).
Julius Meinl is known for serving iconic quality and expert service to its hospitality partners, hence the initiative is designed to support coffee houses worldwide and inspire more than 100,000 'thank yous' this Spring. For every coffee ordered at participating outlets, coffee lovers will receive a voucher to gift someone dear a complimentary cup of Julius Meinl coffee.
#SayThankYou launches on April 20th, 2022. Find out more at www.juliusmeinl.com/say-thank-you.
View original content to download multimedia:
SOURCE Julius Meinl | https://www.1011now.com/prnewswire/2022/04/11/vienna-coffeehouse-brand-julius-meinl-fuels-meaningful-moments-with-say-thank-you-initiative/ | 2022-04-12T00:07:25 | 0 | https://www.1011now.com/prnewswire/2022/04/11/vienna-coffeehouse-brand-julius-meinl-fuels-meaningful-moments-with-say-thank-you-initiative/ |
NEW YORK, April 11, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it has arranged $70,000,000 in permanent financing for 21 West Street in New York, New York. The 33-story tower includes 293 carefully designed studio, one-, two-, and three-bedroom apartments. Located in the Financial District of Manhattan, the property is proximate to the offices of major financial firms, including Goldman Sachs and American Express.
Jonathan Schwartz, Adam Schwartz, Aaron Appel, Keith Kurland, Michael Ianno, and Triston Stegall led the Walker & Dunlop team in arranging the financing for Rose Associates, a repeat client. Based in New York, Rose Associates is a leading multifamily and mixed-use real estate developer and operator that has overseen the successful residential and retail leasing at the property for nearly 30 years. The 12-year loan, provided by MetLife features an attractive fixed rate and interest-only payments for the entire term, which will ensure continued operating performance for years to come. The Rose Associates team was led by Marc Ehrlich, Chief Investment Officer and Michele Bengelsdorf, Head of Asset Management.
"Though the New York City rental market experienced headwinds during the COVID-19 pandemic, the market has successfully absorbed more than 60,000 new units that were delivered over the past four years. With vacancies at near record lows, this lending opportunity was very attractive to the capital markets," said Walker & Dunlop's Jonathan Schwartz.
21 West Street blends modern convenience and a classic landmark style with luxurious residences. The property's amenity offerings include a roof deck, fitness center, resident lounge, and children's playroom. With excellent transit access, residents enjoy convenient access to the rest of Manhattan as well as to Brooklyn, Queens, and New Jersey. New retail offerings, including West of Broadway, Brookfield Place, and Westfield's World Trade Center mall dramatically increase area residents' shopping and dining options.
Walker & Dunlop is the third largest provider of capital to the U.S. multifamily market, originating $49 billion in transactions and lending over $42 billion for multifamily properties in 2021. With one of the strongest networks in the industry, the firm's 2021 brokered loan originations totaled $30 billion, a 170% increase over 2020. To learn more about our Capital Markets capabilities and financing options, visit our website.
About Walker & Dunlop
Walker & Dunlop (NYSE: WD) is one of the largest providers of capital to the commercial real estate industry, enabling real estate owners and operators to bring their visions of communities — where Americans live, work, shop and play — to life. The power of our people, premier brand, and industry-leading technology makes us more insightful and valuable to our clients, providing an unmatched experience every step of the way. With over 1,000 employees across every major U.S. market, Walker & Dunlop has consistently been named one of Fortune's Great Places to Work® and is committed to making the commercial real estate industry more inclusive and diverse while creating meaningful social, environmental, and economic change in our communities.
About Rose Associates, Inc.
Established in 1925, Rose Associates is a premier real estate firm specializing in multifamily rental properties in New York City and the tristate area. Focused on the development, acquisition and management of the highest quality assets, the firm is currently developing six properties in the New York City metropolitan area. Rose's management platform incorporates state-of-the-art services to maximize revenue and enhance asset value, ensuring that Rose properties consistently outperform the market. Under the leadership of CEO and President Amy Rose, the firm is a certified Women's Business Enterprise that is currently pursuing a diverse and aggressive growth strategy.
View original content to download multimedia:
SOURCE Walker & Dunlop, Inc. | https://www.1011now.com/prnewswire/2022/04/11/walker-amp-dunlop-structures-70-million-financing-manhattans-21-west-street-apartments/ | 2022-04-12T00:07:33 | 1 | https://www.1011now.com/prnewswire/2022/04/11/walker-amp-dunlop-structures-70-million-financing-manhattans-21-west-street-apartments/ |
VERO BEACH, Fla., April 11, 2022 /PRNewswire/ -- Over 100 guests lined the resort-style pool and patio of Watercrest St. Lucie West Assisted Living and Memory Care as the community hosted the 'Forget Me Not' Fashion Show benefitting the local chapter of Alzheimer's Community Care.
Local politicians, as well as Watercrest residents and the Executive Director walked the runway in style, escorted by emergency responders and modeling clothing by Chico's. The fundraising event, sponsored by Access Perfect Homes Keller Williams, was a huge success as guests clinked glasses of champagne amidst the perfect Florida spring weather, all for a great cause.
Watercrest St. Lucie West is well-known in the St. Lucie area for their outstanding commitment to community partnerships, fundraising involvement, and hosting of social events throughout the year. From their annual Walk to End Alzheimer's event, to the ceremonies honoring U.S. Veterans, or the roaring Mardi Gras celebrations, the Watercrest St. Lucie West team ensures that residents, family members and guests experience engagement, interaction, recreation and culinary delight.
"We are so grateful for our fabulous community partnerships, particularly to Access Perfect Homes and Chico's for their support of this spectacular event for a truly worthy cause," says Bobi Kruemberg, Senior Executive Director for Watercrest St. Lucie West. "Forget Me Not has a very special meaning to all of us whose loved ones have been affected by Alzheimer's. Even though they may not remember us, we will never forget them."
Watercrest St. Lucie West just celebrated the milestone achievement of 100% resident occupancy, a tremendous accomplishment in light of the difficulties facing senior living communities in recent years. Watercrest St. Lucie West opened in 2018 as a signature Watercrest product providing 102 assisted living and 26 memory care apartments with resort-style service and breathtaking lakeside views. The community boasts an exquisite design with stunning promenade, fireplace, signature water wall, multiple dining options, pool, salon and spa, grand balconies and Florida style outdoor living spaces with picturesque water views.
Conveniently located at 279 NW California Boulevard, Watercrest St. Lucie West is just minutes from abundant dining, entertainment, and retail options. Port St. Lucie is home to PGA Village, the NY Mets Spring Training facility, waterfront downtown district, botanical gardens, as well as a top-rated park system, cultural attractions, recreational facilities, and vast residential options. For information, contact the community at 772-758-7472.
About Watercrest Senior Living Group
Watercrest Senior Living Group was founded to honor our mothers and fathers, aspiring to become a beacon for quality in senior living. Watercrest senior living communities are recognized for their luxury aesthetic, exceptional amenities, world-class care, and innovative memory care programming. A certified Great Place to Work, Watercrest Senior Living Group specializes in the development and operations of assisted living and memory care communities and the growth of servant leaders. Visit www.watercrestseniorliving.com
View original content to download multimedia:
SOURCE Watercrest Senior Living Group | https://www.1011now.com/prnewswire/2022/04/11/watercrest-st-lucie-west-hosts-forget-me-not-fashion-show-benefitting-alzheimers-community-care/ | 2022-04-12T00:07:40 | 1 | https://www.1011now.com/prnewswire/2022/04/11/watercrest-st-lucie-west-hosts-forget-me-not-fashion-show-benefitting-alzheimers-community-care/ |
HENDERSONVILLE, N.C., April 11, 2022 /PRNewswire/ -- The thousands of four-wheel adventure enthusiasts attending this year's Easter Jeep Safari in Moab, Utah, will be able to see several of the latest off-road suspension technologies from Tenneco's globally respected Ӧhlins® Racing business.
Öhlins is making its Moab debut during this year's nine-day Jeep enthusiast event and will be represented by executives of Öhlins Racing USA as well as Robin Vesterlund, the Sweden-based research and development engineer behind the brand's growing portfolio of off-road products.
"We are pleased to continue to expand Öhlins' presence in North America, particularly among dedicated enthusiasts who are looking for the world's finest suspension technologies," said Scott MacDonald, CEO, Öhlins Racing USA. "Our brand is now helping drivers and teams maximize performance at the highest levels of professional racing as well as in the most demanding off-road environments worldwide."
Among the latest Öhlins products for off-roaders are highly advanced shock package for 2007 and newer Jeep Wrangler and Gladiator models. Designed for use with lifts ranging from 2" to 5", these shocks feature the brand's rally-proven Progressive Damping System (PDS), also referred to as an internal hydraulic bump stop that protects against bottoming out of the suspension in extreme conditions.
Each shock also includes Ӧhlins' industry-leading pressure balanced design, which prevents cavitation. The two-way independently adjustable compression AND rebound damping, enables drivers to tune their suspensions to a wide range of on- and off-road environments, as well as match the increased weight from accessories and unique wheel/tire packages. Also included are sealed, spherical upper and lower ball joints for precise, low-friction movement and body control.
The Ӧhlins aluminum body shocks utilize piggyback and remote reservoirs connected by three-way, high-pressure stainless-steel hose. The shocks also feature internal hydraulic bump stops, internal check-valve system that separates compression and rebound adjustment, and rear rock guards. The products are covered by a premium, two-year limited warranty.
For more information about innovative Öhlins technologies, please visit www.ohlins.com.
Öhlins Racing has been an integrated part of the motorsport industry as well as the motorcycle and automotive industry for over 45 years. Our focus has always been on high-quality products, service and support, all the way from Formula 1 circuits to the local, national racing events in over 50 distributing countries.
For more information visit www.ohlins.com.
Tenneco is one of the world's leading designers, manufacturers and marketers of automotive products for original equipment and aftermarket customers, with full year 2021 revenues of $18 billion and approximately 71,000 team members working at more than 260 sites worldwide. Through our four business groups, Motorparts, Performance Solutions, Clean Air and Powertrain, Tenneco is driving advancements in global mobility by delivering technology solutions for diversified global markets, including light vehicle, commercial truck, off-highway, industrial, motorsport and the aftermarket.
Visit www.tenneco.com to learn more.
Press Contact:
Viveca Lof
Marketing Communications Manager
Viveca.Lof@driv.com
Simonetta Esposito
Senior Communications Manager
Sesposito@driv.com
View original content to download multimedia:
SOURCE Tenneco Inc. | https://www.1011now.com/prnewswire/2022/04/11/world-renowned-hlins-racing-brand-showcasing-latest-suspension-technologies-legendary-easter-jeep-safari/ | 2022-04-12T00:07:47 | 0 | https://www.1011now.com/prnewswire/2022/04/11/world-renowned-hlins-racing-brand-showcasing-latest-suspension-technologies-legendary-easter-jeep-safari/ |
MIAMI, April 11, 2022 /PRNewswire/ -- Zaimella ("ZIGH - MEL - LA"), a global leader in manufacturing non-woven personal care products such as baby diapers, is pleased to announce starting May 1st, 2022, all payments received for goods sold to customers in the United States will be subject to an instant 10% discount when paid with Bitcoin.
Experience the interactive Multimedia News Release here: https://www.multivu.com/players/English/9038051-zaimella-usa-baby-diapers-10-percent-cheaper-bitcoin/
"Zaimella was founded on the belief that quality personal care products should be accessible to everyone. Inspired by Bitcoin 2022, we believe the answer to 'So what?' concerning Bitcoin and other virtual currencies is ultimately lower prices for essential goods for the world's consumers, especially for lower income groups," says Humberto Sanchez, CEO of Zaimella USA.
The pre-COVID world of producing and moving goods between different countries was created in the 19th century. This legacy system is ultimately dependent on an entire chain of human handling and accounting, from exporter to importer, then to wholesalers, distributors, freight consolidators and eventually to retailers, whether they be brick and mortar stores or online e-commerce platforms.
Importantly, at every point in this legacy process, different currencies and paperwork must get processed before the next step in the journey can take place. This creates incredible bottle necks in the global distribution system which can delay shipments for weeks or even months, as was witnessed recently around the world during the COVID-19 pandemic.
"Virtual currencies, such as Bitcoin, and blockchain technologies in general have the potential to eliminate wasteful steps and transaction costs that occur every day as goods get produced and shipped around the world," Sanchez said.
"Zaimella is always striving to find the best ways to keep our commitment to make quality personal care accessible, so we are happy to announce that beginning May 1st, 2022, all payments by US customers made in Bitcoin will receive an instant 10% discount vs payments made in US Dollars."
Ultimately, Zaimella says it's time to start answering the question of "why do I want to use Bitcoin?" with a simple answer:
"To save money on diapers."
About Zaimella
Founded in 1995 in the city of Quito, Zaimella is the market leader for non-woven family care products (baby diapers, adult incontinence, and pet pads) in Ecuador. Zaimella also owns and operates the only diaper manufacturing plant in Florida, located in the rapidly growing Medley area of Miami.
You can reach Zaimella USA at
service@zaimellausa.com
+1 (305) 470-0041
View original content:
SOURCE Impex of Doral, Inc dba Zaimella USA | https://www.1011now.com/prnewswire/2022/04/11/zaimella-usa-now-offers-baby-diapers-10-cheaper-when-purchased-with-bitcoin/ | 2022-04-12T00:07:53 | 0 | https://www.1011now.com/prnewswire/2022/04/11/zaimella-usa-now-offers-baby-diapers-10-cheaper-when-purchased-with-bitcoin/ |
PHARR, Texas (Border Report) — The Pharr International Bridge leading to and from Reynosa, Mexico, has been closed after truckers in Mexico blocked access to the bridge on Monday to protest truck inspections imposed by Texas Gov. Greg Abbott, officials told Border Report.
The South Texas bridge normally opens at 6 a.m. but did not open at all Monday. It is the No. 1 bridge for imports of produce in the nation and officials say its closure will have a ripple effect on the nation’s supply of fruits and vegetables.
Videos posted on social media from Mexico show the blockade being carried by truckers on the Mexican side of the border. They are protesting Gov. Gregg Abbott’s announcement Thursday last that all commercial traffic entering Texas from Mexico will be subject to inspection by state officials after undergoing a federal inspection at the port of entry.
The city of Pharr issued a state statement about 3 p.m. Monday saying that the Pharr International Bridge was “ready and open for business.” However, Pharr police officers remained at the foot of the bridge blocking all southbound traffic at 4 p.m. Monday, and no commercial traffic was making its way north.
“We are aware of the situation in Mexico that is currently preventing the flow of commerce into the United States. We will continue to closely monitor these unfolding events and work with the proper authorities as necessary,” the statement from the City of Pharr read.
In a statement to Border Report, U.S. Customs and Border Protection confirmed that commercial traffic at Pharr International Bridge is currently halted temporarily, in both directions.
The closure is “due to a protest occurring on the Reynosa side of the bridge and due to no southbound movement by U.S. carriers,” the CBP official said. “CBP defers further inquiry regarding the protests to Government of Mexico officials, U.S. carriers. Under established business resumption protocols, northbound commercial traffic is diverted to neighboring ports of entry in the interim.”
This has caused wait times of 10 to 20 hours at the Pharr International Bridge as officials with the Department of Public Safety conduct what Texas State Sen. Juan “Chuy” Hinojosa calls “intensive inspections.”
“The bridge is shut down due to Gov. Abbott’s public safety inspections on trucks from Mexico,” Hinojosa, a Democrat from McAllen, told Border Report on Monday.
Hinojosa, who was just reappointed vice chairman of the Senate Finance Committee, said Pharr usually processes 3,000 trucks per day, but since inspections went into effect on Thursday, only about 300 trucks a day have been able to cross from Mexico.
“The truckers from Mexico are upset because they don’t have food. They don’t have bathrooms to use. They’re running out of fuel and some of the produce is rotting. So they are pretty upset,” Hinojosa said.
Hinojosa and several senators who represent the border on Sunday sent a letter to Abbott urging he reconsider the mandatory inspections he announced Wednesday.
He told Border Report that he fears additional bridge closures could occur, such as in El Paso, and that could significantly hurt the state’s economy.
According to the Texas Center for Border Economic and Enterprise Development, in 2021 nearly $442 billion in trade flowed through Texas ports of entry.
Over 65% of all produce in the United States comes over the Pharr International Bridge, officials say.
Hidalgo County Judge Richard Cortez told Border Report on Monday that Gov. Abbott needed to reconsider his directive and find another way to ensure border security without upending trade with Mexico.
“These unintended consequences resulting from his actions are devastating to the supply chain here in Texas and the United States,” Cortez said. “It is having a huge economic impact to the supply chain.”
Cortez said he met with dozens of representatives from the trucking industry, maquiladora industry, business owners and local residents on Monday who were all complaining that business is down on the U.S. side due to the huge wait times on the international bridges.
“Something needs to be looked at and hopefully find a way to balance what the governor perceives is a danger to Texans and the needs of our international trade between the United States and Mexico,” Cortez said. “Because what he is doing today isn’t working.”
“What he is doing today isn’t working.”
Hidalgo County Judge Richard Cortez.
Trucker David Martinez told Border Report he was able to come across from Reynosa around 1 p.m. on Sunday with a load of broccoli. He waited all night and morning for Texas Department of Public Safety officials to inspect his truck.
His truck was being inspected at noon Monday but his future was uncertain after that.
“We don’t know what will happen. They’re not telling us anything,” he said in Spanish as he waited with a group of other truckers from Mexico under a palm tree in the 90-degree heat.
Once he drops off his load, he usually refills the truck, often with meat, he said. But given the bridge closure he doubted his truck would be refilled. And he had no idea how he would return to his home in Reynosa, Mexico. | https://www.cenlanow.com/border-report-tour/mexican-truckers-block-access-to-pharr-port-of-entry-in-protest-of-texas-truck-inspections/ | 2022-04-12T00:10:27 | 1 | https://www.cenlanow.com/border-report-tour/mexican-truckers-block-access-to-pharr-port-of-entry-in-protest-of-texas-truck-inspections/ |
EL PASO, Texas (Border Report) – Texas Gov. Greg Abbott says illegal immigration will overwhelm border communities come May 23, when the federal government plans to stop expelling migrants under an oft-used public health order.
“Where we are today is nothing compared to what we are going to be seeing in about a month. What we’re going to be seeing based upon the prognostications of the Biden administration itself is going to be cataclysmic,” the governor told a Texas Border Sheriffs Coalition meeting in El Paso.
He urged local authorities in counties from El Paso to Brownsville to prepare for up to 18,000 unauthorized migrants coming across the border and to utilize state resources. He spoke about the continuation of Operation Lone Star and his plan to bus to Washington, D.C., migrants released by the federal government on the streets of border communities.
“The time to prepare is now. If you wait until May, it may be too late. If you wait until May 23 it’s going to be too late because you’re going to be completely overwhelmed,” Abbott said.
Title 42 is a federal mandate that has allowed border agents to expel 1.7 million newly arrived migrants to prevent the spread of COVID-19. The Biden administration says the order is ending on May 23.
The Republican governor’s comments got mixed reviews, particularly in a Democratic-leaning host city that has often resented immigrants being portrayed as a public safety threat.
“You have to ask people what you need, and he never does. He always tells us what we need: ‘This is what you need, Texas.’ That’s not what we want,” said El Paso County Judge Ricardo Samaniego. “We want him to work with the plan that we’ve been working off for three and a half years. Three-hundred thousand migrants have come through here and we know how to handle it.”
But the sheriff of a county just east of El Paso had a different take.
“We expect May 23 to get worse than it already is. We are already over capacity at our jails; We’re already overwhelmed personnel-wise. The numbers are up and they haven’t slowed down,” said Culberson County Sheriff Oscar Carrillo. “We had a terrible 2021 and expect it to be worse” this year.
Abbott explains plan to bus migrants to D.C.
Abbott told the Texas Border Sheriffs Coalition he’s proud of an existing collaboration between the state government and their offices and urged them to continue standing up for property owners dealing with the aftereffects of illegal immigration.
“Property owners are suffering in El Paso the same way they are in Eagle Pass, the same way they are in Uvalde and in other places up and down the border,” he said. “In most of the border regions property owners, ranchers, farmers, people whose property is on the border itself, they’re going through catastrophic challenges they’ve never dealt with before.”
That includes traffic on their land from people who just crossed the border and who no one really knows who they are. He said that’s where the state’s Operation Lone Star comes in handy.
“I made Operation Lone Star to support you, to assist you with these challenges,” he said. “The first year was even busier than we anticipated,” he said. “We made 11,000 arrests including cartel and (gang) members, sex offenders […] that somehow evaded Border Patrol coming across the border. These are people that without Operation Lone Star would have been able to permeate across Texas and maybe across the United States and who knows the havoc they could have recked on communities.”
The Texas governor touched only briefly on his controversial plan to have migrants released by the Border Patrol bused to the nation’s capital. One of the issues is that the migrants are released with federal documents that specify where they can travel.
He told the sheriffs the plan came about because migrants are being released in Uvalde and other small Texas communities that had no infrastructure to assist them. Some of those communities are already using buses to transport migrants to San Antonio, he said.
“The fact of the matter is we shouldn’t be reshuffling the deck of the people who are being brought here, especially knowing the extraordinary volume of people that are going to be coming across the border,” Abbott said. “To be prepared for that, we want to make sure we have available to all border officials the ability to transport people away from their communities where you are incapable to respond to the high demand for services and support as well as to assist you in regard to public safety in your communities.”
Abbott said the buses will be available to counties “within an hour” to ensure the migrants dropped off by Border Patrol are taken to a location that is better prepared to handle them. He said the buses are already available from the Texas Division of Emergency Management.
The governor also restated his commitment to block with boats navigable portions of the Rio Grande where smugglers typically bring across large groups of migrants.
“Each county will have its own unique challenges. Each sheriff will have his own challenges. Texas has the flexibility and the capability to make sure that we can assist you in responding to whatever challenge you have,” he said. | https://www.cenlanow.com/border-report-tour/prepare-now-or-be-overwhelmed-when-title-42-ends-texas-governor-says/ | 2022-04-12T00:10:34 | 1 | https://www.cenlanow.com/border-report-tour/prepare-now-or-be-overwhelmed-when-title-42-ends-texas-governor-says/ |
(The Hill) – The country’s average gasoline price has dropped about eight cents over the past week, and about 13 cents in the last two weeks, according to figures from the American Automobile Association (AAA).
AAA listed the country’s average price at $4.11 per gallon on Monday, down from $4.19 a week ago and $4.24 two weeks ago.
The recent drop comes after countries including the U.S. announced recently that they would release additional oil from their reserves.
After the U.S. announced late last month that it would add one million barrels per day to the market over six months — the largest-ever release from its Strategic Petroleum Reserve — analysts told The Hill that the move could result in modest price drops.
Prices for crude oil, from which gasoline is made, have also dropped in recent days. U.S. crude stood at around $95 per barrel on Monday morning, down from as high as $103 per barrel a week ago and even higher in late March.
Gasoline and oil prices soared following Russia’s invasion of Ukraine, as many buyers rejected Russian barrels, cutting the supply of oil on the market. Prior to that, prices had already been relatively high since production has not recovered to pre-pandemic levels.
Although the move was largely caused by external factors, Republicans have sought to use gasoline prices to criticize Democrats and the Biden administration. Democrats, meanwhile, have criticized both Russia and oil companies. | https://www.cenlanow.com/business/gasoline-prices-drop-eight-cents-in-one-week-aaa-says/ | 2022-04-12T00:10:41 | 0 | https://www.cenlanow.com/business/gasoline-prices-drop-eight-cents-in-one-week-aaa-says/ |
LINCOLN PARISH, La. (KTVE/KARD) — The Grambling Police Department is searching for 34-year-old LaMario L. Moore for shooting that took place on B.T. Woodard Circle on Saturday, April 9, 2022, that left a victim suffering gunshot wounds. According to authorities, the victim was airlifted to Shreveport to receive treatment for their wounds.
Moore is wanted for Aggravated Second Degree Battery and Possession of a Firearm by Convicted Felon. If anyone know the whereabouts of Moore, contact Lincoln Parish Sheriff’s Office at 318-251-5111. | https://www.cenlanow.com/crime/authorities-searching-for-ruston-man-who-was-allegedly-involved-in-b-t-woodard-circle-shooting/ | 2022-04-12T00:10:49 | 1 | https://www.cenlanow.com/crime/authorities-searching-for-ruston-man-who-was-allegedly-involved-in-b-t-woodard-circle-shooting/ |
NEW ORLEANS (WGNO) — A woman is wanted in New Orleans after police say she fired shots at someone from inside an SUV.
NOPD reports 42-year-old Brande Renee Duke is wanted in connection to an aggravated assault that occurred on Sunday, April 10 in Lower Algiers.
According to NOPD, detectives learned Duke was driving in the 200 block of Maumus Avenue in a white SUV. Police say the car was towing a rusted trailer filled with tree debris and had “Happy Birthday” written on its windows and rear windshield.
Duke was reportedly armed with a revolver and fired shots at someone, then drove away. The victim was not injured.
Details of why shots were fired were unclear.
NOPD says an arrest warrant has been issued for Duke, who will face charges that include assault by drive-by shooting and illegal use of weapons.
Anyone who knows where Duke is or has any additional information about the shooting is urged to contact NOPD Fourth District detectives at 504-658-6040. | https://www.cenlanow.com/crime/nopd-algiers-drive-by-shooter-was-driving-suv-pulling-tree-debris-had-happy-birthday-written-on-windows/ | 2022-04-12T00:10:56 | 1 | https://www.cenlanow.com/crime/nopd-algiers-drive-by-shooter-was-driving-suv-pulling-tree-debris-had-happy-birthday-written-on-windows/ |