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HOUSTON, May 3, 2022 /PRNewswire/ -- The Capstreet Group ("Capstreet"), a Houston-based lower middle market private equity firm, announced today that it was recognized for Technology Deal of the Year by The Association for Corporate Growth (ACG) Houston. The award, announced at ACG's 5th Annual Deal of the Year ceremony on April 19th at the River Oaks Country Club in Houston, recognizes Capstreet portfolio company HungerRush's acquisition of online food ordering platform Menufy.
HungerRush, a Houston-based cloud software provider for the restaurant industry, acquired Menufy in October 2021 to create an all-in-one integrated restaurant solution. The combination allows HungerRush to further expand its technology and market reach through the addition of a fast-growing, established online ordering platform that scales easily and allows for swift onboarding of new restaurants. Menufy's customers gain access to HungerRush's cloud POS system and additional integrated cloud solutions, including AI-driven text ordering, marketing, and delivery. As one company, HungerRush plans to help thousands of restaurants grow their businesses, expand capabilities, and improve profit margins.
Adrian Guerra, Partner at Capstreet, said, "We are honored to be recognized by ACG. The transaction's goal is to build on HungerRush's digital ordering platform to address rapid changes in the restaurant industry and expand its market reach. The combined company has the potential to help thousands of restaurants in Texas and throughout the U.S. grow their business and improve their profit margins."
ACG Houston's annual Deal of the Year event celebrates Houston's booming middle-market deal community, honoring the deals and deal makers who drive middle-market growth and their success in generating job-growth, capital formation and the advancement of meaningful business relationships in the Houston community.
About ACG
Founded in 1954, ACG is a global organization with 59 chapters and over 14,500 members. Doing business is at the heart of the ACG membership experience. Chapters in the U.S., Canada, Europe and Asia bring dealmakers together to help them achieve their business and professional goals. To learn more or become a member visit www.acg.org/houston.
About The Capstreet Group
Founded in 1990, Capstreet invests in lower middle market software, tech-enabled services and industrial business services companies. With over 45 platform investments and over 200 add-on acquisitions since inception, Capstreet's investment strategy is focused on utilizing its Capvalue FrameworkTM to accelerate growth and profitability and creating long term sustainable businesses. The majority of Capstreet's investments have been with founder or entrepreneur-owned businesses. For more information, visit the Capstreet website, www.capstreet.com.
Contact:
Lambert
Jennifer Hurson, 845-507-0571, jhurson@lambert.com
or
Caroline Luz, 203-656-2829, cluz@lambert.com
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SOURCE Capstreet Group | https://www.mysuncoast.com/prnewswire/2022/05/03/capstreet-wins-acg-houston-technology-deal-year-portfolio-company-hungerrushs-acquisition-menufy/ | 2022-05-03 20:41:54 | 0 | https://www.mysuncoast.com/prnewswire/2022/05/03/capstreet-wins-acg-houston-technology-deal-year-portfolio-company-hungerrushs-acquisition-menufy/ |
Deltek receives over a dozen badges and accolades in G2's Winter Report and continues to rank as an ERP Leader for the ninth consecutive quarter
HERNDON, Va., Dec. 15, 2022 /PRNewswire/ -- Deltek, the leading global provider of software and solutions for project-based businesses, has been recognized as a Leader in G2's Quarterly ERP Grid® Report for Project-Based ERP for the ninth consecutive quarter. G2 is a trusted buyer discovery platform that publishes reviews on software and services. The rankings are based on customer reviews gathered from their user community, online sources and social networks. Deltek Vantagepoint, Deltek Costpoint, and Deltek Ajera all took home Leader badges this quarter, dominating the project-based ERP category. Deltek solutions were also recognized for having the highest user adoption, best meeting requirements, being the easiest to set up for small businesses and having the best relationships with mid-market companies.
Deltek received a record number of G2 reviews during its recent annual customer conference, Deltek ProjectCon, which took place last month in Nashville, Tennessee. Over 3,500 attendees gathered for in-person networking opportunities, discussions on industry best practices, inspirational keynotes, and education on Deltek solutions and services. During the event, Deltek teamed up with G2 Gives to support and donate to the Special Olympics. Deltek raised nearly $5,000 to help people with intellectual disabilities discover new strengths and abilities, skills, and success through the power of sports.
Customer reviews highlighted how Deltek solutions are leading the way in the ERP space. Deltek Vantagepoint customers called it an "all in one" solution that is "modern and streamlined." Built exclusively for professional services firms including A&E firms and Consulting firms, Vantagepoint helps firms improve productivity, boost collaboration, and increase profitability.
Customers also called Deltek Costpoint a "user-friendly and easily accessible" solution that has "amazing support." Deltek Costpoint, the gold standard for government contractors that need to stay compliant with government accounting and cybersecurity standards, is the industry's leading solution that delivers more innovation and greater intelligence through an all-in-one system across the project lifecycle.
Deltek Ajera, also ranked a Leader in the Winter 2023 report, is an integrated project management and accounting system that benefits every role at A&E firms by ensuring accurate and up-to-date data, communication, and accessible reporting. One reviewer called the solution "very user friendly and easy to navigate for accounting" while another reviewer noted that Ajera opened their eyes and "made all the difference in how they manage their firm."
"Being recognized as Leaders by the G2 community is a testament to our commitment as technology innovators to deliver unique solutions and services to project-based businesses. We're incredibly proud to see that so many of our solutions are leading the way in the ERP space. G2 reviews from our customers truly validate the efforts made each day by our team," said Brian Daniell, Chief Customer Officer at Deltek.
To find out more, visit Deltek.com.
About Deltek
Better software means better projects. Deltek is the leading global provider of enterprise software and information solutions for project-based businesses. More than 30,000 organizations and millions of users in over 80 countries around the world rely on Deltek for superior levels of project intelligence, management, and collaboration. Our industry-focused expertise powers project success by helping firms achieve performance that maximizes productivity and revenue. www.deltek.com
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SOURCE Deltek | https://www.mysuncoast.com/prnewswire/2022/12/15/deltek-finishes-year-strong-project-based-erp-solution-leader-latest-g2-report/ | 2022-12-15 19:50:03 | 1 | https://www.mysuncoast.com/prnewswire/2022/12/15/deltek-finishes-year-strong-project-based-erp-solution-leader-latest-g2-report/ |
PHILADELPHIA (AP) — Yu Darvish put the tying runs on base and the heart of the Phillies lineup was coming up.
With the way Kyle Schwarber and the suddenly silent bats have been swinging, Darvish breezed through the order in the sixth inning without a run allowed, a peak performance for the Padres ace.
Darvish escaped a jam and retired $179 million of offense in Schwarber and Nick Castellanos in a key spot, pitching seven shutout innings to lead the San Diego Padres to a 2-0 win over Philadelphia on Thursday.
The Padres took two of three from the Phillies and moved 10 games over .500 (24-14). The Padres have won five of six road series this season.
Darvish (4-1) struck out five, walked none, allowed six hits and continued a run of solid starts. But it was the veteran right-hander’s work in the sixth inning that helped the Padres win the series.
“I asked him how he felt after the sixth and he said he felt fantastic,” Padres interim manager Ryan Christenson said.
With good reason.
Darvish allowed one-out singles to Rhys Hoskins and Alec Bohm that put runners on the corners with the Padres ahead 2-0. Schwarber, batting .189, struck out swinging. Castellanos, the cleanup hitter, grounded into an inning-ending forceout.
“I wish I would have got the job done there,” Schwarber said. “That’s the thing that will sit with you. You’ve got to put the ball in play. You don’t know what can happen from there.”
Bryce Harper lobbied hard for the Phillies to sign Schwarber and they gave the outfielder a $79 million, four-year contract. Castellanos got a $100 million, five-year contract. That’s $179 million on two sluggers that have gone cold as Harper sits out with a sore elbow. The Phillies were shut out for the fifth time this season.
Harper missed a fourth straight game from the lingering effects of platelet-rich plasma injection in his right elbow. The Phillies hope Harper can return Friday against the Los Angeles Dodgers.
“It’s a presence that’s missed,” Schwarber said. “But it’s a team. We all want Bryce in the lineup. He’s a staple MVP. We want him in the lineup. When he’s not in the lineup, we need to be able to pick that up.”
The Padres have won each of Darvish’s last six starts since April 17 and he’s 4-0 over that span.
“He had all of his pitches working. He was in the zone,” Christenson said. “It was just a great game by him.”
Luis Garcia got two outs in the eighth. The Padres move to bring in lefty Taylor Rogers to face the left-handed Schwarber backfired when he lined a single up the middle. But Rogers got Castellanos to ground into another forceout to end the inning. Rogers worked the ninth for his 15th save.
Every Padres starter had a hit.
The Padres and Phillies each won 3-0 games in the first two games of the series and this one also had little offense. Robinson Cano lined an RBI single to right — and nearly took out teammate and baserunner Wil Myers — off Kyle Gibson (3-2) and Ha-Seong Kim added a sacrifice fly for a 2-0 lead in the fourth inning.
Gibson struck out seven, walked none and gave up eight hits in 5 2/3 innings.
“We’ve had guys with struggles for a substantial period of time,” Phillies manager Joe Girardi said. “Everybody’s struggled a little bit. But eventually numbers get back to what’s on the back of a baseball card. These guys have some good times coming.”
TRAINER’S ROOM
Harper hasn’t played right field since April 16 and will remain as DH whenever he returns. He took light swings each of the last two days. OF Mickey Moniak (broken wrist) started a rehab assignment in extended spring training in Clearwater, Florida. SS Didi Gregorius (left knee sprain) has no timeline for a return.
TIP OF THE CAP
Harper seemed to find a hat in the stands a fan was wearing that he liked more than his own Phillies cap. Harper tossed his maroon Phillies hat into the stands and the fan threw his back to Harper for the trade. The fan who claimed he got the hat tweeted it was autographed by Harper.
DOG DAYS
As concession stand prices soar in all sports, the Phillies scheduled only two $1 hot dogs promotions this season. Sen. Bob Casey of Pennsylvania got the message from fans the team needed more cheap meat and tweeted, “I agree, more Dollar Dog Nights. @Phillies, let’s do this.”
Aramark, the Phillies’ food service provider, said at least one more discounted dog day would be added.
“The Phillies and Aramark work together on the dates. We are planning for another dollar dog night, and we will be announcing that in the near future,” the company said in an email.
ON THE MEND
The Padres still don’t know when manager Bob Melvin will return following prostate surgery last week. Melvin had another exam scheduled for Thursday where could he receive the OK to return to the dugout this weekend.
“I haven’t felt a lot of stress in the dugout,” Christenson said.
UP NEXT
The Padres wrap their road trip with three in San Francisco. The Padres send LHP Sean Manaea (2-3, 3.77 ERA) to the mound Friday against Giants RHP Jakob Junis (1-1, 1.74).
The Phillies host the Dodgers for three and send LHP Ranger Suarez (4-1, 3.72) to the mound Friday against LHP Julio Urias (2-3, 3.00).
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/darvish-leads-padres-past-phillies-2-0-with-7-sharp-innings/ | 2022-05-20 02:37:23 | 0 | https://cw33.com/sports/ap-sports/darvish-leads-padres-past-phillies-2-0-with-7-sharp-innings/ |
WASHINGTON , Sept. 15, 2022 /PRNewswire/ -- The DC Commission on the Arts and Humanities (CAH) incorporated a number of changes recommended by the CAH Task Force on Equity, Inclusion, and Belonging and made progress towards its equitable funding goals.
In 2021, CAH successfully worked with the DC Council to legislatively establish an expanded general operating support grant program. CAH now allocates 54% of its annual grants budget to general operating support (GOS) grants. This measure allows for an increased pool of funding for these awards. To create a more equitable evaluation process, applicants are grouped and reviewed in cohorts with similar-sized budgets. These unrestricted grant funds enable CAH grantee partners to build capacity and organizational infrastructure.
One year into the new grant funding formula and nearly two years after the findings of the taskforce, CAH's efforts have yielded some positive results. In FY22, 22 new grantee partners received $2.81 million in funding via the GOS program. CAH also increased its grant awards to organizations and artists in Wards 4, 5, 7 & 8, where funding has historically been smaller and less equitably distributed, by $5.4 million, a 78% increase from FY21. CAH increased the grant allocation for organizations and artists in these wards by 7%.
CAH saw an overall budget increase of $11.6 Million dollars in FY22 (an 27% increase) from its FY21 budget, including critically important relief funds to artists and institutions in the District facing financial instability from the COVID-19 pandemic. CAH awarded over $2.5 million to 340 organizations through the FY22 Relief and Recovery Fund (RRF) grant. Over $1.38 million of these funds went to artists and organizations in Wards 4, 5, 7 & 8.
"The CAH has a clear mission: to equitably invest in the city's arts and cultural sector, drive innovation, and to bolster the entire ecosystem of the arts and humanities in the nation's capital" said CAH Chairperson Reggie Van Lee. "With this historic investment and focus on strengthening the capacity of our grantee partners, CAH is doing our part to build a more sustainable arts community in the District. We have expanded our programming, welcomed new grantee partners, collaborated with other District agencies, and substantially increased our direct engagement to the community. Our important work has just begun, but we are pleased with our forward process."
The Commission also made an impact in the community through partnerships. CAH partnered with the DC Department of Transportation (DDOT) and DC Public Schools (DCPS) on the Color the Curb: School Safety Program to heighten the awareness of vehicular and pedestrian safety near schools. CAH also began a new partnership with the DC Public Library, allowing for the development of free cultural programming for District residents and visitors.
To learn more about the work of CAH and some of the agency's recent success stories visit dcarts.dc.gov.
Additional Highlights Include:
- CAH increased its funding support to the DC Department of Small & Local Business Development (DSLBD) to $285,000 to support and expand the Art All Night festival, a celebration of local artists, businesses, and organizations, which attracts more than 120,000 attendees. The festival, held on September 23 and 24, highlights the District's robust arts sector.
- 85 Grantee partners participated in the FY22 Mentor/Protégé Program, CAH's annual summer capacity building program. This initiative supports both large and small organizations and creates an ecosystem where they can support and learn from each other.
CONTACT
Jeffrey Scott (CAH), 202-341-9908, jeffrey.scott@dc.gov
Press Office (Bayne); 202-594-9223; press@bayne.com
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SOURCE DC Commission on Arts & Humanities | https://www.kxii.com/prnewswire/2022/09/15/dc-commission-arts-humanities-reports-significant-progress-efforts-make-art-funding-more-equitable/ | 2022-09-15 17:58:22 | 1 | https://www.kxii.com/prnewswire/2022/09/15/dc-commission-arts-humanities-reports-significant-progress-efforts-make-art-funding-more-equitable/ |
Elina Svitolina vs. Marketa Vondrousova: Live Stream, TV Channel, How to Watch | Wimbledon
Published: Jul. 12, 2023 at 10:42 AM CDT|Updated: 46 minutes ago
Wimbledon is nearing its apex, as Elina Svitolina (No. 76) and Marketa Vondrousova (No. 42) will battle it out in the semifinals on Thursday, July 13.
The Svitolina-Vondrousova match can be seen on ESPN, so tune in to catch the action.
Sign up for ESPN+ to watch Wimbledon matches live, plus on-demand access to replays and classic tennis matches.
Elina Svitolina vs. Marketa Vondrousova Date and TV Info
- Round: Semifinal
- Date: Thursday, July 13
- TV Channel: ESPN (Watch on Fubo)
- Court Surface: Grass
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Svitolina vs. Vondrousova Matchup Info
- In the quarterfinals on Tuesday, Svitolina defeated No. 1-ranked Iga Swiatek, 7-5, 6-7, 6-2.
- In the Viking Classic Birmingham, Svitolina's last tournament, she was beaten 2-6, 0-6 by No. 57-ranked Linda Fruhvirtova on June 19 in the round of 32 round.
- Vondrousova is coming off a 6-4, 2-6, 6-4 victory over No. 4-ranked Jessica Pegula in the quarterfinals on Tuesday.
- On June 24, Vondrousova was defeated by No. 8-ranked Maria Sakkari, 6-7, 1-6, in the quarterfinal of Bett1open, her last tournament.
- Vondrousova and Svitolina have matched up two times in the last five years, and Vondrousova has the advantage with a 2-0 record, which includes a 6-3, 6-1 win for Vondrousova at the Olympic Games on July 29, 2021, the last time these two went head to head.
- Vondrousova and Svitolina have played four sets, and Vondrousova has come out on top in all of them.
- Vondrousova and Svitolina have matched up for 31 total games, with Vondrousova securing the win in 24 games and Svitolina being victorious in seven.
Svitolina vs. Vondrousova Odds and Probabilities
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- Record first quarter sales, gross margin, operating profit, and earnings per diluted share
- Net sales of $5.5 billion, up 12% YOY
- Operating profit of $346 million; operating margin of 6.3%
- Earnings per diluted share of $3.48
PITTSBURGH, May 4, 2023 /PRNewswire/ -- Wesco International (NYSE: WCC), a leading provider of business-to-business distribution, logistics services and supply chain solutions, announces its results for the first quarter of 2023.
"After delivering an exceptional performance in 2022, we're off to a strong start this year and once again set new first quarter company records for sales, backlog, margin and profitability. The power of our increased scale, industry-leading positions, and expanded portfolio of products, services and solutions is clearly evident in our continued strong performance," said John Engel, Chairman, President and CEO.
Mr. Engel continued, "Strong secular demand trends and continued execution of our enterprise-wide cross selling and margin improvement programs are driving our sustained growth and market outperformance. Our dedicated team of colleagues continues to provide resilient and critical supply chain solutions for our customers around the world, capturing the benefits of our exposure to these sustainable secular trends. As our three-year integration program comes to a close this year, our digital transformation is accelerating which will result in an even higher level of performance, operating efficiency, supplier partnership and customer loyalty."
Mr. Engel concluded, "We are reaffirming our 2023 outlook and remain confident in our ability to drive mid- to high-single digit sales growth this year, along with continued EBITDA margin expansion. We are also reaffirming that we expect to generate approximately $600 to $800 million in free cash flow in support of our growth initiatives and capital allocation priorities. In the near-term, we are focusing our cash generation on debt reduction and expect to reduce our leverage below the midpoint of our target range of 2.0 to 3.5x by year-end. We look forward with greater confidence than ever to a future of market outperformance and value creation."
The following are results for the three months ended March 31, 2023 compared to the three months ended March 31, 2022:
- Net sales were $5.5 billion for the first quarter of 2023 compared to $4.9 billion for the first quarter of 2022, an increase of 12.0%, reflecting price inflation and volume growth, secular demand trends, execution of our cross-sell program, and an improving supply chain. Organic sales for the first quarter of 2023 grew 10.8% as the acquisition of Rahi Systems, which closed in November of 2022, positively impacted reported net sales by 2.8%, while fluctuations in foreign exchange rates negatively impacted reported net sales by 1.6%. Backlog at the end of the first quarter of 2023 increased 21% compared to the end of the first quarter of 2022. Sequentially, backlog remained flat.
- Cost of goods sold for the first quarter of 2023 was $4.3 billion compared to $3.9 billion for the first quarter of 2022, and gross profit was $1.2 billion and $1.0 billion, respectively. As a percentage of net sales, gross profit was 21.9% and 21.3% for the first quarter of 2023 and 2022, respectively. Gross profit as a percentage of net sales for the first quarter of 2023 reflects our continued focus on value-driven pricing and pass-through of inflationary costs, along with the continued momentum of our margin improvement program.
- Selling, general and administrative ("SG&A") expenses were $817.7 million, or 14.8% of net sales, for the first quarter of 2023, compared to $718.1 million, or 14.6% of net sales, for the first quarter of 2022. SG&A expenses for the first quarter of 2023 and 2022 include merger-related and integration costs of $19.5 million and $25.6 million, respectively. Adjusted for these amounts, SG&A expenses were $798.2 million, or 14.5% of net sales, for the first quarter of 2023 and $692.5 million, or 14.0% of net sales, for the first quarter of 2022. Adjusted SG&A expenses for the first quarter of 2023 reflect higher salaries and benefits due to wage inflation and increased headcount, including the impact of the Rahi Systems acquisition, as well as an increase in volume-related costs such as commissions and transportation. Increased costs to operate our facilities also contributed to higher SG&A expenses. In addition, digital transformation initiatives contributed to higher expenses in the first quarter of 2023, including those related to professional and consulting fees. These increases were partially offset by the realization of integration cost synergies and a reduction to incentive compensation expense.
- Depreciation and amortization for the first quarter of 2023 was $44.4 million compared to $47.0 million for the first quarter of 2022, a decrease of $2.6 million. In connection with an integration initiative to review the Company's brand strategy, certain legacy trademarks are migrating to a master brand architecture, which resulted in $5.3 million of accelerated amortization expense for the first quarter of 2022.
- Operating profit was $346.4 million for the first quarter of 2023 compared to $284.0 million for the first quarter of 2022, an increase of $62.4 million, or 22.0%. Operating profit as a percentage of net sales was 6.3% for the current quarter compared to 5.8% for the first quarter of the prior year. Adjusted for the merger-related and integration costs described above, operating profit was $365.9 million, or 6.6% of net sales, for the first quarter of 2023. Adjusted for merger-related and integration costs, and accelerated trademark amortization, operating profit was $314.9 million, or 6.4% of net sales, for the first quarter of 2022.
- Net interest expense for the first quarter of 2023 was $95.0 million compared to $63.6 million for the first quarter of 2022. The increase reflects higher borrowings and an increase in variable interest rates.
- Other non-operating expense for the first quarter of 2023 was $10.1 million compared to $1.1 million for the first quarter of 2022. Net benefits of $0.3 million and $3.6 million associated with the non-service cost components of net periodic pension (benefit) cost were recognized for the three months ended March 31, 2023 and 2022, respectively. Due to fluctuations in the U.S. dollar against certain foreign currencies, a net foreign currency exchange loss of $9.5 million was recognized for the first quarter of 2023 compared to a net loss of $3.6 million for the first quarter of 2022.
- The effective tax rate for the first quarter of 2023 was 18.3% compared to 17.2% for the first quarter of 2022. The current quarter and the comparable prior year period both reflect discrete income tax benefits resulting from the exercise and vesting of stock-based awards. The first quarter of 2022 also reflects a discrete income tax benefit resulting from a reduction to the valuation allowance recorded against foreign tax credit carryforwards.
- Net income attributable to common stockholders was $182.7 million for the first quarter of 2023 compared to $166.8 million for the first quarter of 2022. Adjusted for merger-related and integration costs and the related income tax effect, net income attributable to common stockholders was $196.9 million for the first quarter of 2023. Adjusted for merger-related and integration costs, accelerated trademark amortization expense, and the related income tax effects, net income attributable to common stockholders was $189.7 million for the first quarter of 2022. Adjusted net income attributable to common stockholders increased 3.8% year-over-year.
- Earnings per diluted share for the first quarter of 2023 was $3.48, based on 52.5 million diluted shares, compared to $3.19 for the first quarter of 2022, based on 52.2 million diluted shares. Adjusted for merger-related and integration costs and the related income tax effect, earnings per diluted share for the first quarter of 2023 was $3.75. Adjusted for merger-related and integration costs, accelerated trademark amortization expense, and the related income tax effects, earnings per diluted share for the first quarter of 2022 was $3.63. Adjusted earnings per diluted share increased 3.3% year-over-year.
- Operating cash flow for the first quarter of 2023 was an outflow of $255.4 million compared to an outflow of $172.0 million for the first quarter of 2022. The net cash outflow in the first quarter of 2023 was primarily driven by changes in working capital, including an increase in inventories of $223.8 million as shipments from suppliers have accelerated due to an improving supply chain. An increase in trade accounts receivable of $133.5 million and a decrease in accounts payable of $86.5 million due to the timing of receipts from customers and payments to suppliers, respectively, also contributed to the net cash outflow.
Segment Results
The Company has operating segments comprising three strategic business units consisting of Electrical & Electronic Solutions ("EES"), Communications & Security Solutions ("CSS") and Utility & Broadband Solutions ("UBS").
The Company incurs corporate costs primarily related to treasury, tax, information technology, legal and other centralized functions. Segment results include depreciation expense or other allocations related to various corporate assets. Interest expense and other non- operating items are either not allocated to the segments or reviewed on a segment basis. Corporate expenses not directly identifiable with our reportable segments are reported in the tables below to reconcile the reportable segments to the consolidated financial statements.
The following are results by segment for the three months ended March 31, 2023 compared to the three months ended March 31, 2022:
- EES reported net sales of $2,135.1 million for the first quarter of 2023 compared to $2,090.0 million for the first quarter of 2022, an increase of 2.2%. Organic sales for the first quarter of 2023 grew 3.9% as fluctuations in foreign exchange rates negatively impacted reported net sales by 1.7%. The increase in organic sales compared to the prior year quarter reflects continued momentum in our industrial business driven by strength in the automation, petrochemical, and metals and mining end markets, as well as growth in non-residential construction. These positive factors were partially offset by a transfer of certain customer accounts to the CSS segment, which negatively impacted reported net sales for EES by approximately 2%, as well as lower sales in certain original equipment manufacturer end markets. EBITDA, adjusted for other non-operating expenses and non-cash stock-based compensation expense, was $183.0 million for the first quarter of 2023, or 8.6% of net sales, compared to $192.4 million for the first quarter of 2022, or 9.2% of net sales. Adjusted EBITDA decreased $9.4 million, or 4.9% year-over-year, as an increase in gross profit was more than offset by higher SG&A expenses.
- CSS reported net sales of $1,732.0 million for the first quarter of 2023 compared to $1,434.2 million for the first quarter of 2022, an increase of 20.8%. Organic sales for the first quarter of 2023 grew 13.3% as the acquisition of Rahi Systems in the fourth quarter of 2022 positively impacted reported net sales by 9.5%, while fluctuations in foreign exchange rates negatively impacted reported net sales by 2.0%. The increase in organic sales compared to the prior year quarter reflects growth in our security solutions and network infrastructure businesses, as well as the benefits of cross selling and improvements in supply chain constraints. The transfer of certain customer accounts from the EES segment also positively impacted reported net sales for CSS by approximately 2%. EBITDA, adjusted for other non-operating expenses and non-cash stock-based compensation expense, was $155.5 million for the first quarter of 2023, or 9.0% of net sales, compared to $123.0 million for the first quarter of 2022, or 8.6% of net sales. Adjusted EBITDA increased $32.5 million, or 26.4% year-over-year. The increase primarily reflects the factors impacting the overall business, as described above.
- UBS reported net sales of $1,654.8 million for the first quarter of 2023 compared to $1,408.0 million for the first quarter of 2022, an increase of 17.5%. Organic sales for the first quarter of 2023 grew 18.2% as fluctuations in foreign exchange rates negatively impacted reported net sales by 0.7%. The increase in organic sales compared to the prior year quarter reflects significant price inflation, secular trends in the utility business that are driving growth, as well as expansion in our integrated supply business. These positive factors were partially offset by lower sales in our broadband business due to certain customers depleting existing inventories. EBITDA, adjusted for other non-operating expenses and non-cash stock-based compensation expense, was $187.7 million for the first quarter of 2023, or 11.3% of net sales, compared to $136.3 million for the first quarter of 2022, or 9.7% of net sales. Adjusted EBITDA increased $51.4 million, or 37.7% year-over-year. The increase primarily reflects the factors impacting the overall business, as described above.
Webcast and Teleconference Access
Wesco will conduct a webcast and teleconference to discuss the first quarter of 2023 earnings as described in this News Release on Thursday, May 4, 2023, at 10:00 a.m. E.T. The call will be broadcast live over the internet and can be accessed from the Investor Relations page of the Company's website at https://investors.wesco.com. The call will be archived on this internet site for seven days.
Wesco International (NYSE: WCC) builds, connects, powers and protects the world. Headquartered in Pittsburgh, Pennsylvania, Wesco is a FORTUNE 500® company with more than $21 billion in annual sales and a leading provider of business-to-business distribution, logistics services and supply chain solutions. Wesco offers a best-in-class product and services portfolio of Electrical and Electronic Solutions, Communications and Security Solutions, and Utility and Broadband Solutions. The Company employs approximately 20,000 people, partners with the industry's premier suppliers, and serves thousands of customers around the world. With millions of products, end-to-end supply chain services, and leading digital capabilities, Wesco provides innovative solutions to meet customer needs across commercial and industrial businesses, contractors, government agencies, institutions, telecommunications providers, and utilities. Wesco operates approximately 800 branches, warehouses and sales offices in more than 50 countries, providing a local presence for customers and a global network to serve multi-location businesses and multi-national corporations.
Forward-Looking Statements
All statements made herein that are not historical facts should be considered as "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially. These statements include, but are not limited to, statements regarding business strategy, growth strategy, competitive strengths, productivity and profitability enhancement, competition, new product and service introductions, and liquidity and capital resources, as well as statements regarding the expected benefits and costs of the transaction between Wesco and Anixter International Inc., including anticipated future financial and operating results, synergies, accretion and growth rates, and the combined company's plans, objectives and expectations. Such statements can generally be identified by the use of words such as "anticipate," "plan," "believe," "estimate," "intend," "expect," "project," and similar words, phrases or expressions or future or conditional verbs such as "could," "may," "should," "will," and "would," although not all forward-looking statements contain such words. These forward-looking statements are based on current expectations and beliefs of Wesco's management, as well as assumptions made by, and information currently available to, Wesco's management, current market trends and market conditions and involve risks and uncertainties, many of which are outside of Wesco's and Wesco's management's control, and which may cause actual results to differ materially from those contained in forward-looking statements. Accordingly, you should not place undue reliance on such statements.
Important factors that could cause actual results or events to differ materially from those presented or implied in the forward-looking statements include, among others, the failure to achieve the expected benefits of the transaction between Wesco and Anixter International Inc. or the anticipated benefits of Wesco's acquisition of Rahi Systems Holdings, Inc. in the expected timeframe or at all, unexpected costs or problems that may arise in successfully integrating the businesses of the companies, the impact of increased interest rates or borrowing costs, failure to adequately protect Wesco's intellectual property or successfully defend against infringement claims, failure to execute Wesco's environmental, social and governance (ESG) programs as planned, disruption of information technology systems or operations, natural disasters (including as a result of climate change), health epidemics, pandemics and other outbreaks (such as the ongoing COVID-19 pandemic, including any resurgences or new variants), supply chain disruptions, geopolitical issues, such as the impact of Russia's invasion of Ukraine, including the impact of sanctions or other actions taken by the U.S. or other countries against Russia (as well as those imposed on China), the increased risk of cyber incidents and exacerbation of key materials shortages, inflationary cost pressures, material cost increases, demand volatility, and logistics and capacity constraints, which may have a material adverse effect on the combined company's business, results of operations and financial condition. All such factors are difficult to predict and are beyond the company's control. Additional factors that could cause results to differ materially from those described above can be found in Wesco's Annual Report on Form 10-K for the fiscal year ended December 31, 2022 and Wesco's other reports filed with the U.S. Securities and Exchange Commission.
NON-GAAP FINANCIAL MEASURES
In addition to the results provided in accordance with U.S. Generally Accepted Accounting Principles ("U.S. GAAP") above, this earnings release includes certain non-GAAP financial measures. These financial measures include organic sales growth, gross profit, gross margin, earnings before interest, taxes, depreciation and amortization (EBITDA), adjusted EBITDA, adjusted EBITDA margin, financial leverage, free cash flow, adjusted selling, general and administrative expenses, adjusted income from operations, adjusted operating margin, adjusted provision for income taxes, adjusted income before income taxes, adjusted net income, adjusted net income attributable to WESCO International, Inc., adjusted net income attributable to common stockholders, and adjusted earnings per diluted share. The Company believes that these non-GAAP measures are useful to investors as they provide a better understanding of our financial condition and results of operations on a comparable basis. Additionally, certain non-GAAP measures either focus on or exclude items impacting comparability of results such as merger-related and integration costs, and the related income tax effect of such items, allowing investors to more easily compare the Company's financial performance from period to period. Management does not use these non-GAAP financial measures for any purpose other than the reasons stated above.
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SOURCE Wesco International | https://www.mysuncoast.com/prnewswire/2023/05/04/wesco-international-reports-record-first-quarter-2023-results/ | 2023-05-04 12:01:27 | 1 | https://www.mysuncoast.com/prnewswire/2023/05/04/wesco-international-reports-record-first-quarter-2023-results/ |
Biden heads to Mexico next month for leaders’ summit
WASHINGTON (AP) — President Joe Biden will travel to Mexico next month for North American leaders’ summit, White House officials said Tuesday.
Biden will meet with Mexican President Andres Manuel Lopez Obrador and Canadian Prime Minister Justin Trudeau on Jan. 9-10. White House national security spokesman John Kirby said the leaders will discuss economic stability, security and immigration, among other topics.
The summit comes as the U.S. and Mexico are grappling with surging numbers of migrants at the Southern border, following news the U.S. government was ending COVID-era emergency health restrictions that allowed border officers to immediately expel migrants arriving to the border. The Supreme Court on Monday paused the end of the restrictions as it hears arguments from 19 Republican-led states that have asked that the restrictions remain in place.
Last year, the three leaders met in Washington. Mexico announced the summit last month but the U.S. had not confirmed. Both the United States and Canada have filed for consultations, a step that precedes lodging a trade complaint, over López Obrador’s policy of favoring Mexico’s state-owned power company. Both countries say favoring a domestic company over U.S. and Canadian firms violates the U.S.-Mexico Canada free trade agreement, or USMCA.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/12/20/biden-heads-mexico-next-month-leaders-summit/ | 2022-12-20 17:59:24 | 0 | https://www.kxii.com/2022/12/20/biden-heads-mexico-next-month-leaders-summit/ |
SPD handing out warnings to motorists with loud sound systems
SARASOTA, Fla. (WWSB) - Sarasota Police are handing out warnings to anyone whose music is too loud.
There is a new law in Florida. If people can hear music coming from your car from 25-feet away, it’s too loud. Through July 24, Sarasota Police will be issuing warnings in an effort to educate on the new law.
We have reached out to Sarasota Police to see how many warnings have been issued.
Here is the complete law as written by the City of Sarasota:
316.3045 Operation of radios or other mechanical soundmaking devices or instruments in vehicles; exemptions.—(1) It is unlawful for any person operating or occupying a motor vehicle on a street or highway to operate or amplify the sound produced by a radio, tape player, or other mechanical soundmaking device or instrument from within the motor vehicle so that the sound is:
(a) Plainly audible at a distance of 25 feet or more from the motor vehicle; or
(b) Louder than necessary for the convenient hearing by persons inside the vehicle in areas adjoining churches, schools, or hospitals.
(2) The provisions of this section shall not apply to any law enforcement motor vehicle equipped with any communication device necessary in the performance of law enforcement duties or to any emergency vehicle equipped with any communication device necessary in the performance of any emergency procedures.
(3) The provisions of this section do not apply to motor vehicles used for business or political purposes, which in the normal course of conducting such business use soundmaking devices. The provisions of this subsection shall not be deemed to prevent local authorities, with respect to streets and highways under their jurisdiction and within the reasonable exercise of the police power, from regulating the time and manner in which such business may be operated.
(4) The provisions of this section do not apply to the noise made by a horn or other warning device required or permitted by s. 316.271. The Department of Highway Safety and Motor Vehicles shall promulgate rules defining “plainly audible” and establish standards regarding how sound should be measured by law enforcement personnel who enforce the provisions of this section.
(5) A violation of this section is a noncriminal traffic infraction, punishable as a nonmoving violation as provided in chapter 318.
History.—s. 1, ch. 90-256; s. 220, ch. 99-248; s. 9, ch. 2005-164.
After July 24, you may receive a citation.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/06/spd-handing-out-warnings-motorists-with-loud-sound-systems/ | 2022-07-06 18:14:35 | 0 | https://www.mysuncoast.com/2022/07/06/spd-handing-out-warnings-motorists-with-loud-sound-systems/ |
Sherman Police K-9 to undergo surgery after injury
Published: May. 15, 2023 at 3:49 PM CDT|Updated: 27 minutes ago
SHERMAN, Texas (KXII) - A beloved member of the Sherman Police department, K-9 Jaeger, a Belgian Malinois, is preparing for surgery after being injured.
Police said after an examination by veterinary professionals, surgery has been deemed necessary for his recovery.
Police have not said the extent of the injury or when the surgery will be.
Copyright 2023 KXII. All rights reserved. | https://www.kxii.com/2023/05/15/sherman-police-k-9-undergo-surgery-after-injury/ | 2023-05-15 21:17:09 | 1 | https://www.kxii.com/2023/05/15/sherman-police-k-9-undergo-surgery-after-injury/ |
Eposeidon Outdoor Adventure unveils a game-changing brand that fuses smart technology and top-quality materials to redefine outdoor adventures.
GARDEN, N.Y., April 22, 2023 /PRNewswire/ -- Eposeidon Outdoor Adventure Inc., the visionary force behind a collection of renowned outdoor gear brands, proudly announces the launch of Mission Mountain - a cutting-edge brand set to transform the hiking and camping experience. By offering ultralight, technologically-driven gear, Mission Mountain aims to make outdoor adventures more comfortable, accessible, and seamlessly connected.
Tate Cui, CEO of Eposeidon Outdoor Adventure Inc., shared his enthusiasm for the groundbreaking brand: "We are ecstatic to welcome Mission Mountain into our lineup of esteemed outdoor gear brands. Our primary goal is to deliver exceptional outdoor equipment that fosters a deep connection with nature and each other. Mission Mountain embodies this vision perfectly."
Mission Mountain's pioneering approach centers on developing an integrated outdoor ecosystem, where smart features blend harmoniously with user-friendly designs. Crafted from premium materials, the brand's ultralight gear promises effortless portability, enabling adventurers to explore nature with ease and confidence.
"Mission Mountain aspires to redefine outdoor enjoyment by creating gear that not only boasts advanced technology, but also emphasizes the overall experience," said Tate. "We are passionate about helping people discover the great outdoors in fresh, thrilling ways."
The brand's initial product line features state-of-the-art camp cots, ergonomically designed trekking poles, and portable camp chairs and tables. Mission Mountain's debut is just the beginning, with plans to unveil more specialized gear in the coming months. More products that are packed with innovative features and technologies are on the way, with the aim of making camping and hiking more comfortable and enjoyable.
From its inception, Mission Mountain has championed eco-friendliness as a core brand principle, reflecting a deep commitment to preserving the environment while providing cutting-edge outdoor gear. In line with this ethos, the brand's key products boast non-plastic packaging designs, reducing the environmental impact of their offerings. Furthermore, Mission Mountain has been dedicated to fostering meaningful partnerships with eco-conscious organizations. Demonstrating this commitment, the brand has collaborated with Leave No Trace, a prominent advocate for responsible outdoor ethics, and has proudly become a partner of the Outdoor Industry Association, further solidifying its position as an environmentally responsible and sustainable outdoor gear provider.
Eposeidon Outdoor Adventure Inc.'s proven ability to cultivate successful brands like KastKing, Extremus, and MadBite underscores the company's dedication to expanding its portfolio of inventive outdoor gear.
Mission Mountain's products are now available for purchase on the company's website and through Amazon. To learn more about Mission Mountain's mission to revolutionize outdoor gear, visit: https://www.missionmountain.us/
Eposeidon Outdoor Adventure Inc. eagerly welcomes the launch of Mission Mountain as it strives to offer groundbreaking outdoor gear to enthusiasts around the world, redefining the essence of outdoor exploration.
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SOURCE Eposeidon Outdoor Adventure Inc. | https://www.wibw.com/prnewswire/2023/04/22/high-tech-ultralight-gear-takes-hiking-camping-new-heights/ | 2023-04-22 17:44:31 | 0 | https://www.wibw.com/prnewswire/2023/04/22/high-tech-ultralight-gear-takes-hiking-camping-new-heights/ |
NEW YORK, June 13, 2023 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
PDC Energy, Inc. (NASDAQ: PDCE)'s sale to Chevron Corporation for 0.4638 shares of Chevron for each PDC share. If you are a PDC shareholder, click here to learn more about your rights and options.
Arlington Asset Investment Corp. (NYSE: AAIC)'s sale to Ellington Financial Inc. Under the terms of the merger agreement, (i) each share of Arlington common stock will be converted into 0.3619 shares of Ellington common stock, and (ii) Arlington common stockholders will also receive $0.09 per share. Upon the closing of the proposed acquisition, Arlington stockholders are expected to own approximately 15% of the combined company's stock. If you are an Arlington Asset shareholder, click here to learn more about your rights and options.
GreenLight Biosciences Holdings, PBC (NASDAQ: GRNA)'s sale to a group of buyers led by Fall Line Capital, LLC for $0.30 per share. If you are a GreenLight shareholder, click here to learn more about your rights and options.
Reunion Neuroscience Inc. (NASDAQ: REUN)'s sale to affiliates of MPM BioImpact for $1.12 per share in cash. If you are a Reunion shareholder, click here to learn more about your rights and options.
Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLC
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP | https://www.mysuncoast.com/prnewswire/2023/06/14/shareholder-investigation-halper-sadeh-llc-investigates-pdce-aaic-grna-reun/ | 2023-06-14 05:10:03 | 1 | https://www.mysuncoast.com/prnewswire/2023/06/14/shareholder-investigation-halper-sadeh-llc-investigates-pdce-aaic-grna-reun/ |
Published in PLOS ONE, the study of over 3,000 dogs provides evidence-based recommendations to start screening dogs for cancer based on the median age at diagnosis by breed or weight.
SAN DIEGO, Feb. 1, 2023 /PRNewswire/ -- PetDx® – The Liquid Biopsy Company for Pets™ published a study today describing the optimal age to begin cancer screening for dogs in PLOS ONE, a peer-reviewed open-access scientific journal from the Public Library of Science.
The authors examined data from over 3,000 dogs with cancer to determine the typical age at which dogs of various breeds and weights developed the disease. Their findings support a general recommendation to start screening all dogs for cancer at the age of 7, and starting as early as age 4 for certain breeds, in order to increase the chance of early detection and treatment.
"Veterinarians already know that cancer risk is influenced heavily by age and breed, and that dogs of certain breeds or sizes are at risk of developing cancer earlier in life than others," said Andi Flory, DVM, DACVIM (Oncology), PetDx Chief Medical Officer. "Importantly, this study lays the foundation for an evidence-based recommendation for when to start cancer screening for individual dogs based on their breed or weight."
The findings are in line with the company's recommendations for when to begin annual screening with OncoK9®, its pioneering multi-cancer early detection (MCED) liquid biopsy test for dogs, which was previously shown to detect 30 different types of canine cancer with a simple blood draw using next-generation sequencing (NGS). The findings of this study underpin the company's OncoK9 Cancer SAFE™ (Screening Age For Early detection) Tool, an online calculator that allows users to easily find out the recommended age to start screening any dog for cancer.
"Until recently, cancer screening options in dogs were limited," said Jill Rafalko, MS, CGC, lead study author and PetDx Director of Scientific Communications. "With the widespread availability of next-generation sequencing-based liquid biopsy testing, the question is shifting from how to screen dogs for cancer to when to screen dogs for cancer. Our study helps answer that question."
About PetDx
PetDx® – The Liquid Biopsy Company for Pets™ is a San Diego-based molecular diagnostics company dedicated to unleashing the power of genomics to improve pet health. The company's flagship product, OncoK9®, enables veterinarians to detect cancer in dogs with a simple blood draw. As a first-in-class multi-cancer early detection (MCED) test, OncoK9 employs cutting-edge genomic analysis that leverages next-generation sequencing (NGS) technology and proprietary bioinformatics algorithms, empowering veterinarians to provide superior care to canine patients. OncoK9 is available at most veterinary clinics in the United States and Canada through PetDx, IDEXX Reference Laboratories, and Antech Diagnostics. To learn more, visit PetDx.com and connect with us on Facebook, Instagram, LinkedIn and Twitter.
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SOURCE PetDx | https://www.mysuncoast.com/prnewswire/2023/02/01/dogs-should-be-screened-cancer-beginning-age-7-early-age-4-certain-breeds-petdx-study-shows/ | 2023-02-01 20:37:54 | 0 | https://www.mysuncoast.com/prnewswire/2023/02/01/dogs-should-be-screened-cancer-beginning-age-7-early-age-4-certain-breeds-petdx-study-shows/ |
KANSAS CITY, Mo. (AP) — In an unusual legal move, Missouri Attorney General Andrew Bailey is asking a state appeals court to reverse the conviction of a white former Kansas City police detective who shot and killed a Black man three years ago.
In a brief filed Monday, Bailey said the evidence presented at a trial in 2021 did not support Eric DeValkenaere’s conviction for second-degree involuntary manslaughter and armed criminal action in the death of 26-year-old Cameron Lamb on Dec. 3, 2019.
Bailey asked the court to reverse DeValkenaere’s conviction or order a new trial.
Jackson County Prosecutor Jean Peters Baker, whose office secured DeValkenaere’s conviction, said the motion by the attorney general — the state’s top law enforcement officer — to challenge a conviction was “unprecedented” and an affront to the people of Kansas City.
In a news conference on Monday, she accused Bailey, a Republican who was appointed to the attorney general’s office in January, of “attempting to expand his power to that of a judge.”
“I can’t say in my time, 25 plus years of being here, that I’ve seen anything like this before,” Baker said.
Cameron Lamb’s father, Aqil Bey, said at the news conference that Bailey’s actions were a miscarriage of justice. He said DeValkanaere had been given every legal advantage, including not having to serve a day in jail since his conviction.
“We don’t feel good about it. But we are going to continue to let the legal system run its course, and we’ll see what happens,” Bey said.
Ben Trachtenberg, a University of Missouri School of Law professor and expert in criminal law, agreed that Bailey’s decision was unusual, noting the state’s attorney general’s office has a history of vigorously defending convictions, even in cases where the local prosecutor is trying to overturn a conviction.
Bailey’s predecessor, Eric Schmidt, who is now a Republican U.S. senator, strongly opposed efforts by Baker and former St. Louis Circuit Attorney Kim Gardner to release two men — Lamar Johnson and Kevin Strickland — who they believed were jailed for murders they didn’t commit. Both men were eventually released from prison.
Still, Trachtenberg said Bailey was within his authority in not defending DeValkenaere’s conviction.
“The attorney general’s office does have broad responsibility for dealing with criminal appeals,” he said. “But lawyers don’t have to defend every single case. The attorney general’s office’s highest duty is to pursue justice. If they think somebody is innocent, they don’t have to defend the conviction.”
DeValkenaere was convicted in November 2021 of killing Lamb, who was shot as he backed his truck into his garage. Police said DeValkenaere and his partner, Troy Schwalm, went to Lamb’s home after reports that Lamb was involved in a car chase with his girlfriend on residential streets.
Jackson County Circuit Court Presiding Judge J. Dale Youngs, who convicted the former detective after a bench trial, sentenced DeValkenaere to three years for involuntary manslaughter and six years for armed criminal action, with the sentences to run consecutively.
But Youngs later ruled that DeValkenaere could remain free while his conviction is appealed.
In his motion, Bailey said Lamb’s death was “tragic” and shouldn’t have happened. But he argued that DeValkenaere used reasonable force because he believed Lamb was going to shoot Schwalm. The motion, which includes several pages reiterating the police department’s version of events, said officers believed they saw Lamb with a handgun inside the truck, and a handgun was found near the truck after Lamb was shot.
“DeValkenaere’s use of force was reasonable in light of Mr. Lamb’s use of deadly force against Schwalm, and the court erred as a matter of fact and law in determining that Schwalm and DeValkenaere were the initial aggressors,” Bailey wrote. “DeValkenaere also was not criminally negligent.”
Prosecutors and Lamb’s family had alleged the handgun was planted after the shooting. But Youngs did not address that issue when he convicted the detective.
Instead, the judge said the officers had no probable cause to believe that any crime had been committed, had no warrant for Lamb’s arrest and had no search warrant or consent to be on the property. He said police were the initial aggressors and they had a duty to retreat, but DeValkenaere illegally used deadly force instead.
Rumors had swirled in the last month that Republican Gov. Mike Parson was considering pardoning or granting clemency to DeValkenaere, prompting Baker to send him a letter urging him not to do so. Civil rights advocates warned that releasing the former detective could cause unrest in the city and damage an already tense relationship between police and Kansas City’s minority community.
Parson said last week that he had not yet decided what action to take and criticized Baker for using the case for political purposes.
——-
Ballentine reported from Columbia, Missouri. | https://cw33.com/news/u-s-news/ap-us-headlines/missouri-attorney-general-seeks-reversal-of-former-detectives-conviction-in-black-mans-death/ | 2023-06-27 21:22:57 | 1 | https://cw33.com/news/u-s-news/ap-us-headlines/missouri-attorney-general-seeks-reversal-of-former-detectives-conviction-in-black-mans-death/ |
WATCH: Driver saves 40 students after school bus catches fire
BREVARD COUNTY, Fla. (WKMG) – A school bus driver in Florida is getting credit for saving 40 young students after their bus caught fire on Tuesday.
Imagine Schools at West Melbourne said things could have been a lot worse if not for the driver’s quick actions.
The terrifying moment the school bus caught fire was captured on camera Tuesday afternoon.
Imagine Schools said the driver, Janet O’Connell, saw the smoke coming from the hood just 10 minutes along her route after the school’s dismissal, when she stopped and started getting 40 children from kindergarten to the 6th grade off the bus.
“Ms. Janet, when there’s a child in need, she steps up,” Imagine Principal Brian Degonzague said.
Degonzague said he believes it was an electrical fire.
Imagine is a charter school managing its own buses. Degonzague said the buses are inspected as often as every day.
“It was spontaneous,” he said. “It looked like something that could happen to any vehicle.’’
The school said the fire destroyed the camera on the bus, so there’s no video showing how it started.
The only documentation of the fire is one recorded by a nearby witness.
“Ms. Janet is a very humble person,” Degonzague said. “When I spoke to her about it, she said, ‘Brian, I did what I did because I love my kids.’ She doesn’t want the spotlight on her, but what she did was pretty incredible.’’
The school said O’Connell didn’t even take a day off after the fire. She was right back to work Wednesday, driving a new bus.
Copyright 2022 WKMG via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/05/05/watch-driver-saves-40-students-after-school-bus-catches-fire/ | 2022-05-06 00:29:14 | 1 | https://www.mysuncoast.com/2022/05/05/watch-driver-saves-40-students-after-school-bus-catches-fire/ |
FTC reportedly opens investigation of ChatGPT creator OpenAI over consumer protection issues
(AP) - The U.S. Federal Trade Commission has launched an investigation into ChatGPT creator OpenAI and whether the artificial intelligence company violated consumer protection laws by scraping public data and publishing false information through its chatbot, according to reports in the Washington Post and the New York Times.
The agency sent OpenAI a 20-page letter requesting detailed information on its AI technology, products, customers, privacy safeguards and data security arrangements, according to the reports. The FTC did not immediately respond to a request for comment.
The FTC’s move represents the most significant regulatory threat so far to the nascent but fast-growing AI industry, although it’s not the only challenge facing these companies. Comedian Sarah Silverman and two other authors have sued both OpenAI and Facebook parent Meta for copyright infringement, claiming that the companies’ AI systems were illegally “trained” by exposing them to datasets containing illegal copies of their works.
On Thursday, OpenAI and The Associated Press announced a deal under which the AI company will license AP’s archive of news stories. | https://www.wibw.com/2023/07/14/ftc-reportedly-opens-investigation-chatgpt-creator-openai-over-consumer-protection-issues/ | 2023-07-14 00:43:38 | 0 | https://www.wibw.com/2023/07/14/ftc-reportedly-opens-investigation-chatgpt-creator-openai-over-consumer-protection-issues/ |
The first, largest and most influential lifestyle event for natural and multicultural hair, beauty & wellness returns this April 22-23 to Atlanta
ATLANTA, March 30, 2023 /PRNewswire/ -- The World Natural Hair Show returns for its 23rd year this April 22-23 at the Georgia International Convention Center! More than an annual event, The World Natural Hair Show is a cultural movement that continues to positively change society's views of black beauty, cultures and lifestyle. This year's show focuses on the concepts of self-love, confidence and community through educational workshops and panels, awards ceremonies, over 250 vendors and leaders within multicultural beauty, live music and entertainment, and meaningful conversations that uplift and encourage the community.
The 2023 show's theme of self-love, confidence and community embodies the event's larger mission and ethos. Every spring, the Natural Hair Show brings together beauty businesses and professionals, industry leaders, retail buyers, distributors and the consumers that support brands to strengthen the natural hair care industry and community. Since its genesis, the event has sparked a cultural movement that has had positive ripple effects across society. The leading lifestyle event has helped redefine antiquated notions of mainstream beauty - instead celebrating non-conforming freedom, and progressive expressions of natural hair and beauty.
This year, the theme will be brought to life through special activations, workshops, awards and opportunities for honest, vulnerable conversation.
- Events & Workshops: There will be workshops for beauty professionals as well as consumer attendees that include DIY hair, fashion and hobbies, in addition to, a braiding and loc design competition. There will also be a Men's Den Event, which will feature The Good Man Panel Discussion, focusing on modern masculinity and bringing men together through conscious conversation. The Power Panel Plus which will feature guests 19 Keys, Dr. Sebe's Daughter, Dr. Holistic, and Stephan Speaks, among others
- Social Engagement & Campaign: The Natural Hair Show team will engage the community to create a dynamic social campaign surrounding the theme, asking attendees what the words mean to them, and sharing their responses far and wide on social media.
- Events & Awards: There will be a second annual Women Of Color In Business Summit, a wealth-building event reserved for women who are looking for support, funding and connections, sponsored by Wells Fargo, Charles Schwab, Prudential and Walmart. Additionally, the Award of Excellence Gala will return for its 5th annual event, with a portion of the proceeds from ticket sales going towards sponsorships for two beauty and/or barber school graduates to help start and fund their businesses.
- Exhibitioners: This year's 250+ varied exhibitioners include category leaders, such as AMBI, Mielle Organics, Camille Rose Naturals, Rucker Roots, Creme of Nature, Jamaican Black Castor Oil and many more.
The show is brought to life by Taliah Waajid, a category creator and pioneer who turned her love of natural hair into a successful business that has created opportunity for countless people in the Black community. Taliah grew up in Harlem, an experience that has led her to believe that anyone can be successful if they have confidence, tools, knowledge, and direction. Taliah has given back through her business, mentoring, providing employment, education and more, with the mission to create opportunities for millions. The World Natural Hair Event is another platform that she has created to live out her goals of uplifting her community and provide opportunity to those full of potential.
Taliah is also the creator of The Taliah Waajid brand, regarded as the first complete line of natural, chemical-free hair care products, offering 5 collections of healthy hair product lines that range from Natural Hair Care, Scalp Care to Curly Hair Care, Protective Styling, and more. The original and best-in-class natural hair and beauty line, the eponymous line established Taliah as the "conventional beauty industry" disruptor and continues to set the golden industry standards, based on the highest quality natural formulations & botanical ingredients.
About Taliah Waajid
For over 25 years, Taliah Waajid has been a leading Natural Hair Care specialist, a licensed Master cosmetologist and the manufacturer of the first complete line of beauty products for natural, chemical-free hair care. Her eponymous line consists of seven collections each designed to address the specific needs of African American hair no matter how you choose to wear your hair. All products are free of harsh chemicals and are cruelty free.
Media Contact: taliahwaajid@behrmanpr.com
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SOURCE Taliah Waajid | https://www.wibw.com/prnewswire/2023/03/30/world-natural-hair-show-prepares-its-most-impactful-event-yet-with-focus-self-love-confidence-amp-community/ | 2023-03-30 12:30:56 | 0 | https://www.wibw.com/prnewswire/2023/03/30/world-natural-hair-show-prepares-its-most-impactful-event-yet-with-focus-self-love-confidence-amp-community/ |
Mario Fiorentini, decorated Italian resistance fighter, dies
Published: Aug. 9, 2022 at 12:20 PM CDT|Updated: 2 hours ago
ROME (AP) — Italy’s most decorated resistance fighter against fascist and Nazi forces during World War II has died at age 103.
The Rome chapter of the National Partisans Association of Italy said Mario Fiorentini died at a Rome hospital on Tuesday.
During the war, Fiorentini commanded a group of partisans that fought the regime of dictator Bettino Mussolini and then Italy’s German Nazi occupiers.
He became legendary among partisans for having escaped from Nazi-run jails four times.
Fiorentini turned down an opportunity to run for Italy’s Parliament after the war and instead pursued a mathematics degree.
He later taught at universities in Italy, Canada and the United States.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/08/09/mario-fiorentini-decorated-italian-resistance-fighter-dies/ | 2022-08-09 18:57:46 | 1 | https://www.wibw.com/2022/08/09/mario-fiorentini-decorated-italian-resistance-fighter-dies/ |
Shareholders with $100,000 losses or more are encouraged to contact the firm.
LOS ANGELES, Sept. 13, 2022 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Lottery.com Inc. f/k/a Trident Acquisitions Corp. ("Lottery.com" or the "Company") (NASDAQ: LTRY).
Class Period: November 15, 2021 – July 29, 2022
Lead Plaintiff Deadline: October 18, 2022
If you are a shareholder who suffered a loss, click here to participate.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) the Company lacked adequate internal accounting controls; (2) the Company lacked adequate internal controls over financial reporting, including but not limited to those pertaining to revenue recognition and the reporting of cash; (3) the Company was not in compliance with state and federal laws governing the sale of lottery tickets; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE The Law Offices of Frank R. Cruz, Los Angeles | https://www.kxii.com/prnewswire/2022/09/13/ltry-investors-have-opportunity-lead-lotterycom-inc-fka-trident-acquisitions-corp-securities-fraud-lawsuit/ | 2022-09-13 17:14:20 | 1 | https://www.kxii.com/prnewswire/2022/09/13/ltry-investors-have-opportunity-lead-lotterycom-inc-fka-trident-acquisitions-corp-securities-fraud-lawsuit/ |
Families went bananas for Minions this weekend at the movie theater. “ Minions: The Rise of Gru ” brought in an estimated $108.5 million in ticket sales from 4,391 screens in North America, Universal Pictures said Sunday. By the end of the Monday’s July Fourth holiday, it will likely have earned over $127.9 million.
The film is on track to become one of the biggest openings ever for a July Fourth holiday weekend, a record previously held by “Transformers: Dark of the Moon” which made $115.9 million in its first four days in 2011. Including international showings, where “Minions: The Rise of Gru” is playing in 61 markets, its worldwide gross is sitting at $202.2 million through Sunday.
“It’s a tremendous debut,” said Jim Orr, Universal’s president of domestic distribution. “It’s playing very broadly across North America. Every single market doing extraordinarily well.”
This is just the latest in a string of successes for Universal’s family releases, including “Sing 2,” which has grossed over $406 million since opening in December, and “The Bad Guys,” which has made over $243 million. “Minions: The Rise of Gru” serves as further proof that family audiences are willing to go back to the movie theater.
“Families feel very comfortable bringing all their kids to the theater,” Orr said. “These results speak for themselves.”
“Minions 2” attracted all ages to the theater, even the very young. According to PostTrak surveys, 12% were under the age of 10.
“For many months there was this idea that family audiences were not going to come back to the theater. We can put that to rest,” said Paul Dergarabedian, the senior media analyst for Comscore.
The spinoff of the popular “Despicable Me” series was delayed two years because of the pandemic. The sequel to the 2015 film “Minions” was originally slated for a July 2020 release. While many other animated family films opted for streaming or hybrid releases, “Minions,” much like “Top Gun: Maverick,” stayed the course and waited for an ideal time to launch in theaters only. And as with “Top Gun” the wait, it seems, was worth it.
“This became an event. It was a holiday weekend, the release date was perfect, the marketing was spot on,” Dergarabedian said. “And everyone knew this was going to be in theaters only.”
The voice cast features Steve Carell, reprising his role as Gru, Alan Arkin, Michelle Yeoh and Julie Andrews as Gru’s mother. Critics were mixed to positive (it currently has a 72% on Rotten Tomatoes) but audiences were more enthusiastic, giving the Gru origin story an A CinemaScore.
Universal and Illumination have had enormous success with the five “Despicable Me” movies and spinoffs, which date back to 2010 and have earned over $3.7 billion at the global box office.
In second place was “Top Gun: Maverick,” which continues to deliver six weeks in, adding another $25.5 million to its total, which has already surpassed $1 billion. The Paramount Pictures film is still playing in 3,843 locations.
Warner Bros.’ “Elvis” took third place, down only 39% in its second weekend in theaters. The Baz Luhrmann film grossed an estimated $19 million through Sunday, bringing its domestic total to $67.3 million.
Fourth and fifth place went to Universal titles as well with “Jurassic World: Dominion” picking up another $15.7 million and the horror movie “The Black Phone” adding $12.3 million through Sunday.
Disney’s “Lightyear,” meanwhile, tumbled further in its third weekend with an estimated $6.5 million. By Monday, that total should raise to $8.1 million bringing its cumulative earnings to $106.9 million.
Bleecker Street released “ Mr. Malcolm’s List ” this weekend on 1,384 screens in the U.S. and Canada. The Regency-era comedy of manners stars Freida Pinto and Zawe Ashton as friends looking to get back at a picky bachelor. The studio estimates that the film will have $851,853 by end of Sunday and over $1 million by end of Monday.
Audiences are also still catching up with A24’s “Everything Everywhere All At Once,” which added an estimated $552,000 from 607 screens, in spite of the fact that it’s also available to rent on demand. The studio’s newer title, “Marcel the Shell With Shoes On,” expanded to 22 screens this weekend and is expected to earn about $308,000 by the end of Monday.
According to Comscore, the weekend as a whole will go down as one of the biggest of the pandemic era. And the momentum is expected to continue with the release of Marvel’s “Thor: Love and Thunder” next week.
Estimated ticket sales for Friday through Sunday at U.S. and Canadian theaters, according to Comscore. Final domestic figures will be released Tuesday.
1. “Minions: The Rise of Gru,” $108.5 million.
2. “Top Gun: Maverick,” $25.5 million.
3. “Elvis,” $19 million.
4. “Jurassic World: Dominion,” $15.7 million.
5. “The Black Phone,” $12.3 million.
6. “Lightyear,” $6.6 million.
7. “Mr. Malcolm’s List, $851,853.
8. “Everything Everywhere All at Once,” $551,974.
9. “Doctor Strange in the Multiverse of Madness,” $390,000.
10. “JugJugg Jeeyo,” $318,000.
—-
Follow AP Film Writer Lindsey Bahr on Twitter: www.twitter.com/ldbahr | https://cw33.com/entertainment-news/ap-entertainment/minions-set-box-office-on-fire-with-108-5-million-debut/ | 2022-07-04 12:46:18 | 1 | https://cw33.com/entertainment-news/ap-entertainment/minions-set-box-office-on-fire-with-108-5-million-debut/ |
NEWINGTON, Conn., Sept. 12, 2022 /PRNewswire/ -- PCX Aerosystems ("PCX"), a market-leading producer of advanced mechanical systems for the aerospace industry, today announced the September 2, 2022 acquisition of NuSpace, Inc. ("NuSpace") from Cornerstone Capital Holdings and members of the NuSpace leadership team. With engineering and manufacturing roots going back to 1907, NuSpace has evolved from a diversified mechanical systems manufacturer into a leading-edge designer and manufacturer of proprietary propellant and high-pressure tanks for advanced satellite, launch vehicle spacecraft, and missile platforms.
"NuSpace brings a unique capability to design and produce mission critical complex assemblies for the rapidly growing space marketplace which is a fantastic addition to the growing portfolio of flight-critical components and assemblies we supply to the defense aerospace market," said PCX CEO, Tom Holzthum.
Ian Ballinger, CEO and Chief Technology Officer of NuSpace, said, "Joining the PCX team is a natural next step for NuSpace, bringing the stability and support of being part of a broader portfolio while maintaining the freedom to pursue continued growth with our customers."
Headquartered in Connecticut, PCX Aerosystems is a leading privately owned supplier of highly engineered, precision, flight critical assemblies for rotorcraft and fixed wing aerospace platforms The company produces rotorhead assemblies and control systems, landing gear assemblies, external fuel tank systems, engine and structural airframe components in addition to composite fabrications and refueling probes. The company also offers integrated special processing services such as heat treating, painting and non-destructive testing. PCX provides direct delivery of components and large assemblies to customers such as Boeing, General Electric Aircraft Engines, Bell, Sikorsky and the U.S. Government. Founded in 1900, PCX owns facilities in CT, CA and MA. PCX Aerostructures, LLC, dba PCX Aerosystems is owned by Greenbriar Equity Group, L.P. To learn more about PCX, visit www.pcxaero.com.
NuSpace is a Long Beach, California based aerospace and defense manufacturer with proprietary design and specialized fabrication capabilities, and flight-critical assembly and quality systems. Their experienced engineering and manufacturing teams excel at the design to specification and manufacture of mission critical propellant and pressure vessel solutions.
For more information:
Trevor Hartman
Vice President – Sales & Marketing
(860) 594-4388
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SOURCE PCX Aerosystems | https://www.kxii.com/prnewswire/2022/09/12/pcx-aerosystems-announces-acquisition-nuspace/ | 2022-09-12 09:10:25 | 1 | https://www.kxii.com/prnewswire/2022/09/12/pcx-aerosystems-announces-acquisition-nuspace/ |
Dear Heloise: I have a couple of questions:
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BCMA/CD19 dual-targeting FasTCAR-T GC012F data from ongoing clinical trial presented at 64th American Society of Hematology Annual Meeting and Exposition
SAN DIEGO and SUZHOU and SHANGHAI, China, Dec. 10, 2022 /PRNewswire/ -- Gracell Biotechnologies Inc. ("Gracell" or the "Company", NASDAQ: GRCL), a global clinical-stage biopharmaceutical company dedicated to developing highly efficacious and affordable cell therapies for the treatment of cancer, today announced the clinical data from its ongoing Phase 1, investigator-initiated trial (IIT) in China evaluating FasTCAR-enabled GC012F as first-line therapy in transplant-eligible, high-risk, newly diagnosed multiple myeloma (NDMM) patients. Data has been presented in an oral session at the 64th American Society of Hematology (ASH) Annual Meeting & Exposition, held Dec. 10-13 in New Orleans. Patients in the study achieved a 100% overall response rate (ORR) and 100% minimal residual disease (MRD) negativity in all dose levels.
GC012F is an autologous CAR-T therapeutic candidate dual-targeting B cell maturation antigen (BCMA) and CD19, and utilizes Gracell's proprietary FasTCAR next-day manufacturing platform.
As of the Oct. 14, 2022 data cutoff date, 16 transplant-eligible NDMM patients had received GC012F infusion in the clinical trial. All patients had multiple high-risk features. After receiving a conditioning lymphodepletion regimen of cyclophosphamide and fludarabine, patients were treated with GC012F as a single infusion with one of three dose levels: 1x105 cells/kg, 2x105 cells/kg and 3x105 cells/kg.
As of Oct. 14, 2022, among the 16 evaluable patients with the median follow-up time of eight months (ranging from 1.3 to 15.4 months):
- ORR was 100%
- 87.5% (14/16) of patients achieved stringent complete response (sCR). Patients continue to be followed for deepening responses
- 100% of evaluable patients achieved MRD negativity in all dose levels
- 100% of evaluable patients achieved MRD negativity at months 1, 6 and 12
- 100% of patients experienced robust CAR-T cell expansion with long persistence in all dose levels
The clinical data also demonstrated an excellent safety profile:
- Only 25% (4/16) of patients experienced Grade 1-2 cytokine release syndrome (CRS); no patients experienced Grade 3-5 CRS
- No immune effector cell-associated neurotoxicity syndrome (ICANS) or other neurotoxicity of any grade had been observed
"This clinical data brings us great optimism. GC012F has demonstrated an impressive 100% ORR, 100% MRD negativity and 87.5% sCR, as well as an outstanding safety profile, among newly-diagnosed multiple myeloma patients, showing tremendous potential for substantial improvement over currently available therapies," said Dr. Wendy Li, Gracell's Chief Medical Officer. "We are pleased to share this data with the leading experts in hematology and oncology at ASH 2022. We believe that the data underscores GC012F's significant potential as a safe and effective therapy for NDMM patients. In addition, GC012F is developed using our proprietary FasTCAR next-day manufacturing platform, which could greatly expedite the delivery of this much-needed therapy to patients."
About GC012F
GC012F is a FasTCAR-enabled BCMA/CD19 dual-targeting CAR-T product candidate that is currently being evaluated in IIT studies in China for the treatment of multiple myeloma and B-cell non-Hodgkin's lymphoma. GC012F simultaneously targets CD19 and BCMA to drive fast, deep and durable responses, which can potentially improve efficacy and reduce relapse in multiple myeloma and B-NHL patients.
About FasTCAR
CAR-T cells manufactured on Gracell's proprietary FasTCAR platform appear younger, less exhausted and show enhanced proliferation, persistence, bone marrow migration and tumor cell clearance activities as demonstrated in preclinical studies. With next-day manufacturing, FasTCAR is able to significantly improve cell production efficiency which may result in meaningful cost savings, and, together with fast release time, enables enhanced accessibility of cell therapies for cancer patients.
About Gracell
Gracell Biotechnologies Inc. ("Gracell") is a global clinical-stage biopharmaceutical company dedicated to discovering and developing breakthrough cell therapies. Leveraging its pioneering FasTCAR and TruUCAR technology platforms and SMART CARTTM technology module, Gracell is developing a rich clinical-stage pipeline of multiple autologous and allogeneic product candidates with the potential to overcome major industry challenges that persist with conventional CAR-T therapies, including lengthy manufacturing time, suboptimal cell quality, high therapy cost and lack of effective CAR-T therapies for solid tumors. For more information on Gracell, please visit www.gracellbio.com. Follow @GracellBio on LinkedIn.
Cautionary Noted Regarding Forward-Looking Statements
Statements in this press release about future expectations, plans and prospects, as well as any other statements regarding matters that are not historical facts, may constitute "forward-looking statements" within the meaning of The Private Securities Litigation Reform Act of 1995. The words "anticipate," "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Actual results may differ materially from those indicated by such forward-looking statements as a result of various important factors, including factors discussed in the section entitled "Risk Factors" in Gracell's most recent annual report on Form 20-F as well as discussions of potential risks, uncertainties, and other important factors in Gracell's subsequent filings with the Securities and Exchange Commission. Any forward-looking statements contained in this press release speak only as of the date hereof, and Gracell specifically disclaims any obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise. Readers should not rely upon the information on this page as current or accurate after its publication date.
Media contacts
Marvin Tang
marvin.tang@gracellbio.com
Kyle Evans
kyle.evans@westwicke.com
Investor contacts
Gracie Tong
gracie.tong@gracellbio.com
Stephanie Carrington
stephanie.carrington@westwicke.com
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SOURCE Gracell Biotechnologies Inc. | https://www.mysuncoast.com/prnewswire/2022/12/10/gracell-biotechnologies-presents-clinical-data-fastcar-t-gc012f-high-risk-newly-diagnosed-multiple-myeloma-demonstrating-100-overall-response-rate/ | 2022-12-10 23:47:51 | 1 | https://www.mysuncoast.com/prnewswire/2022/12/10/gracell-biotechnologies-presents-clinical-data-fastcar-t-gc012f-high-risk-newly-diagnosed-multiple-myeloma-demonstrating-100-overall-response-rate/ |
-- Medicaid improves Phexxi coverage for more than 3.7 million lives across 11 states --
-- Largest commercial insurer in Michigan and a marquis university plan in Pennsylvania move Phexxi to Preferred formulary position with $0 copay and no restrictions, affecting nearly 2.25 million lives in aggregate --
SAN DIEGO, Jan. 9, 2023 /PRNewswire/ -- Evofem Biosciences, Inc. (OTCQB: EVFM) today announced multiple new insurance wins that give millions of additional women access to Phexxi® (lactic acid, citric acid, potassium bitartrate) for the hormone-free prevention of pregnancy.
"Evofem's unrelenting focus and engagement with payers continues to deliver results, expanding and improving access to Phexxi for millions of women across the country," said Saundra Pelletier, Chief Executive Officer of Evofem.
Three recent Medicaid wins move Phexxi to a Preferred formulary position with no restrictions, improving Phexxi coverage for more than 3.7 million lives in 11 states.
- A leading Managed Medicaid provider removed the Prior Authorization (PA) and moved Phexxi from Non-Preferred to Preferred for 14 of its Managed Medicaid plans effective November 2, 2022. This change improved Phexxi coverage for approximately 3 million lives in nine states: Georgia, New York, New Jersey, Virginia, Maryland, Indiana, Nevada, Nebraska and Florida.
- Mississippi Medicaid removed the PA and moved Phexxi from Non-preferred to Preferred Agent effective January 1, 2023. Mississippi has a Universal Preferred Drug List, so this change positively impacts both Fee for Service and Managed Medicaid beneficiaries – more than 600,000 lives.
- Phexxi was added to the Indiana State Medicaid Preferred Drug List with no PA effective January 1, 2023. Its prior position was Non-preferred with a PA. When Indiana transitions to a Universal PDL on July 1, 2023, the state's 1.4 million Managed Medicaid lives will also gain access to Phexxi as Preferred with no PA.
Evofem also expanded its commercial coverage for Phexxi with wins including a marquis university health plan in Pennsylvania (effective November 30, 2022) and the largest commercial payer in Michigan (effective January 1, 2023). These payers serve over 2.25 million lives in aggregate. Both payers have removed the PA and moved Phexxi to Preferred formulary status; Phexxi's new position is $0 Preferred with no restrictions.
Earlier in 2022, Evofem opened avenues for Phexxi with payers including one of the nation's largest Pharmacy Benefit Managers (PBMs); a highly respected national-level commercial payer that added Phexxi to formulary for standard plans nationwide; large payers in California and Hawaii, both with no copay for Phexxi patients; and one of the largest payers in Utah, with no prior authorization.
Under section 2713 of the Public Health Service (PHS) Act, group health plans and health insurers are required to cover preventive care and screenings under guidelines issued by the Health Resources and Services Administration (HRSA). PHS Act section 2713 took effect when added by the Affordable Care Act (ACA) in 2010. The HRSA guidelines currently in effect were issued in 2019 and require broad coverage of contraceptive care and services for women. Updated guidelines issued in late 2021 took effect on January 1, 2023, for calendar year plans.
In July 2022, the Departments of Labor, Health and Human Services, and Treasury released further guidance regarding birth control coverage clarifying that group health plans and insurers must cover contraceptives at no cost to individuals. As the new guidance reminds employers, violators of the preventive care coverage requirements may be subject to the $100 per person per day excise tax under section 4980D of the Internal Revenue Code or a civil monetary penalty under PHS Act section 2723. The guidance states that the departments "will take enforcement action as warranted."
About Evofem
Evofem Biosciences, Inc., is developing and commercializing innovative products to address unmet needs in women's sexual and reproductive health. The Company's first FDA-approved product, Phexxi® (lactic acid, citric acid and potassium bitartrate), is a hormone-free, on-demand prescription contraceptive vaginal gel. It comes in a box of 12 pre-filled applicators and is applied 0-60 minutes before each act of sex. Learn more at phexxi.com and evofem.com.
Phexxi® is a registered trademark of Evofem Biosciences, Inc.
About Phexx
Phexxi is an on-demand method of birth control used to prevent pregnancy. Phexxi is not effective when used after sex. For more information about Phexxi, talk to your healthcare provider and see full Product Information at www.phexxi.com.
Forward-Looking Statements
This press release includes "forward-looking statements," within the meaning of the safe harbor for forward-looking statements provided by Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995 including, without limitation, statements related to the timing and impact of the transition by Indiana to a Universal PDL. Various factors could cause actual results to differ materially from those discussed or implied in the forward-looking statements, including market and other conditions, and you are cautioned not to place undue reliance on these forward-looking statements, which are current only as of the date of this press release. Each of these forward-looking statements involves risks and uncertainties. Important factors that could cause actual results to differ materially from those discussed or implied in the forward-looking statements, or that could impair the value of Evofem Biosciences' assets and business, are disclosed in the Company's SEC filings, including its Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on March 10, 2022, its Quarterly Report on Form 10-Q for the quarter ended September 30, 2022 filed with the SEC on January 6, 2023 and any subsequent filings. All forward-looking statements are expressly qualified in their entirety by such factors. The Company does not undertake any duty to update any forward-looking statement except as required by law.
Contacts
Investors:
Amy Raskopf
SVP, Investor Relations
Evofem Biosciences, Inc.
araskopf@evofem.com
(917) 673-5775
Media:
media@evofem.com
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SOURCE Evofem Biosciences, Inc. | https://www.mysuncoast.com/prnewswire/2023/01/09/multiple-new-insurance-wins-expand-improve-access-phexxi-millions-women/ | 2023-01-09 14:36:20 | 0 | https://www.mysuncoast.com/prnewswire/2023/01/09/multiple-new-insurance-wins-expand-improve-access-phexxi-millions-women/ |
Man who refused to leave Topeka business found to have arrest warrant
TOPEKA, Kan. (WIBW) - A Topeka man who refused to leave a Kwik Shop over the weekend was arrested after he was found to have a warrant out for his arrest.
The Topeka Police Department tells 13 NEWS that around 2:30 a.m. on Sunday, July 9, officials were called to the Kwik Shop at 1114 NW Topeka Blvd. with reports of an unwanted individual.
When officials arrived, they said the suspect involved was identified as David R. Hutchinson, 33, of Topeka. He was also found to have a warrant out for his arrest.
Hutchinson was arrested and booked into the Shawnee Co. Dept. of Corrections on:
- Aggravated burglary
- Battery
- Theft of less than $1,500 from a building
- Aggravated assault - with intent to commit any felony
As of Monday, Hutchinson remains behind bars on a $25,000 bond. He has a court appearance set for 3:30 p.m. on Sept. 21.
Copyright 2023 WIBW. All rights reserved. | https://www.wibw.com/2023/07/10/man-who-refused-leave-topeka-business-found-have-arrest-warrant/ | 2023-07-10 19:34:44 | 0 | https://www.wibw.com/2023/07/10/man-who-refused-leave-topeka-business-found-have-arrest-warrant/ |
120,000 accountants and financial analysts use the application to analyze raw financial data, with over 1 million business reports generated since its launch
JOHANNESBURG, Sept. 27, 2022 /PRNewswire/ -- Google Cloud announced today a collaboration with Syft Analytics, a South African - based financial reporting application which processes significant volumes of financial data and provides insightful financial reports to accountants, financial analysts, and businesses.
Syft Analytics will leverage Google Cloud to run its online platform and application that reviews, analyzes, and predicts financial data quickly. The platform also provides data visualizations that bring deep insights of financial data to life via reports that make information simple, understandable, and comprehensible to organizational staff, even outside the finance and accounting departments.
From a startup out of Johannesburg to a company competing on a global level, Syft has grown its customer base to 120,000 businesses in the span of five years, across key markets such as South Africa, New Zealand, USA, Australia, and the United Kingdom. In its early days as a startup in 2019, Syft turned to Google Cloud as its trusted partner of choice to help scale its business offering and operations. To date Syft has experienced a 4000% increase in its customer base since it started running on Google Cloud.
Since the collaboration with Google Cloud came into effect, Syft is able to manage an average of 10,000 requests daily and provide financial reports quickly to customers. The application is hosted on the Google App Engine, with the database being managed by Google Cloud SQL; hence Syft benefits from the flexibility and ease of use of Google Cloud that provides the scalability and robust security the business requires to continue growing. This has also freed up more time for the team at Syft to efficiently focus on enhancing the customer experience.
Niral Patel, Director of Google Cloud Africa, said: "Google Cloud's open standards and architecture is an attractive platform of choice for "digital natives" and "startup" clients such as Syft. Running on Google Cloud enables Syft to retrieve raw financial data and provide customers with granular insights that add significant value to businesses. With customers at the heart of everything we do, we're proud to have been an integral part of Syft's journey in becoming an international company, and we are proud to deliver the infrastructure capabilities and tools that will further support Syft in its customer excellence and growth."
Matthew Stephanou, Co-founder and CTO of Syft Analytics, said: "The move to Google Cloud enabled a fundamental shift in our business, enabling us to scale with minimal effort, on demand. The Google Cloud team has provided support at all levels, both locally and globally, introducing our team to services such as Cloud Run and other capabilities we can reliably build upon to deliver better and faster insights to clients."
For Syft, customer feedback has been essential in adopting new features on the platform to improve their user experience. With Syft's software powered by Google Cloud, the team has the bandwidth to continuously innovate and add new features to the platform. This flexibility supports Syft in continuously enhancing the customer experience and addressing their evolving needs as their ecosystem progresses.
Google Cloud accelerates every organization's ability to digitally transform its business. We deliver enterprise-grade solutions that leverage Google's cutting-edge technology – all on the cleanest cloud in the industry. Customers in more than 200 countries and territories turn to Google Cloud as their trusted partner to enable growth and solve their most critical business problems.
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SOURCE Google Cloud | https://www.wibw.com/prnewswire/2022/09/27/google-cloud-boosts-syfts-financial-reporting-application-scale-beyond-south-africa/ | 2022-09-27 16:42:34 | 1 | https://www.wibw.com/prnewswire/2022/09/27/google-cloud-boosts-syfts-financial-reporting-application-scale-beyond-south-africa/ |
- Seven major global automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – will create an unprecedented new charging network joint venture that will significantly expand access to high-powered charging in North America
- Targeting to install at least 30,000 high-powered charge points in urban and highway locations to ensure customers can charge whenever and wherever they need
- With a focus on delivering an elevated customer experience, the network will provide reliability, high-powered charging capability, digital integration, appealing locations, various amenities while charging, and use renewable energy
- Charging stations will be accessible to all EV customers, offering both Combined Charging System (CCS) and North American Charging Standard (NACS) connectors
- First stations are scheduled to open in the summer of 2024
NEW YORK, July 26, 2023 /PRNewswire/ -- Seven of the world's leading automakers – BMW Group, General Motors, Honda, Hyundai, Kia, Mercedes-Benz Group, Stellantis NV – are creating a joint venture to accelerate the transition to electric vehicles in North America, by making EV charging more convenient, accessible and reliable.
The joint venture will include the development of a new, high-powered charging network with at least 30,000 chargers to make zero-emission driving even more attractive for millions of customers.
With the generational investments in public charging being implemented on the Federal and State level, the joint venture will leverage public and private funds to accelerate the installation of high-powered charging for customers. The new charging stations will be accessible to all battery-powered electric vehicles from any automaker using Combined Charging System (CCS) or North American Charging Standard (NACS) and are expected to meet or exceed the spirit and requirements of the U.S. National Electric Vehicle Infrastructure (NEVI) program.
The joint venture aims to become the leading network of reliable high-powered charging stations in North America.
The joint venture is expected to be established this year, subject to customary closing conditions and regulatory approvals.
The first stations are expected to open in the United States in the summer of 2024 and in Canada at a later stage. Each site will be equipped with multiple high-powered DC chargers, making long-distance journeys easier for customers. In line with the sustainability strategies of all seven automakers, the joint venture intends to power the charging network solely by renewable energy.
The new high-powered charging network will elevate the entire EV experience and drive EV adoption.
The network will provide a seamless, vehicle integrated, best-in-class charging experience, based on renewable energy and supported by the quality, reliability, and resources of world-leading automakers.
Focused on customer comfort and charging ease, the stations will be in convenient locations offering canopies wherever possible and amenities such as restrooms, food service and retail operations either nearby or within the same complex. A select number of flagship stations will be equipped with additional amenities, delivering a premier experience designed to showcase the future of charging.
Initial plans call for the deployment of charging stations in metropolitan areas and along major highways, including connecting corridors and vacation routes, aiming to offer a charging station wherever people may choose to live, work and travel.
The functions and services of the network will allow for seamless integration with participating automakers' in-vehicle and in-app experiences, including reservations, intelligent route planning and navigation, payment applications, transparent energy management and more. In addition, the network will leverage Plug & Charge technology to further enhance the customer experience.
As more electric vehicles are introduced and the rate of consumer adoption increases, the demand for fast and reliable public charging also grows in parallel.
According to the U.S. Department of Energy, as of July 2023, there are 32,000 publicly available DC fast chargers in the United States for use by 2.3 million electric vehicles, a ratio of 72 vehicles per charger. The NREL (National Renewable Energy Laboratory) estimates that 182,000 DC fast chargers will be needed to support 30-42 million plug-in vehicles expected on the road by 2030.
With U.S. electric vehicle sales expected to exceed 50% of total U.S. sales by 2030, the expansion of reliable charging infrastructure will become even more critical to widespread electric vehicle adoption.
The creation of a best-in-class charging network will ensure that the EV infrastructure will support current and projected EV sales and will foster the adoption of electric vehicles.
BMW Group CEO Oliver Zipse: "North America is one of the world's most important car markets – with the potential to be a leader in electromobility. Accessibility to high-speed charging is one of the key enablers to accelerate this transition. Therefore, seven automakers are forming this joint venture with the goal of creating a positive charging experience for EV consumers. The BMW Group is proud to be among the founders."
GM CEO Mary Barra: "GM's commitment to an all-electric future is focused not only on delivering EVs our customers love, but investing in charging and working across the industry to make it more accessible. The better experience people have, the faster EV adoption will grow."
Honda CEO Toshihiro Mibe: "The creation of EV charging services is an opportunity for automakers to produce excellent user experiences by providing complete, convenient and sustainable solutions for our customers. Toward that objective, this joint venture will be a critical step in accelerating EV adoption across the U.S. and Canada and supporting our efforts to achieve carbon neutrality."
Hyundai CEO Jaehoon Chang: "Hyundai's investment in this project aligns with our 'Progress for Humanity' vision in making sustainable transportation more accessible. Hyundai's expertise in electrification will help redefine the charging landscape and we look forward to working with our other shareholders as we create this expansive high-powered charging network."
Kia CEO Ho Sung Song: "Kia's engagement and investment in this high-powered charging joint venture is set to increase charging access and convenience to current and future drivers and therefore accelerate the transition to EVs across North America. Kia is proud to be an important part of this joint venture with other reputable automakers as we embark on a journey towards seamless charging experiences for our customers and further strengthening Kia's brand identity in the EV market."
Mercedes-Benz Group CEO Ola Källenius: "The fight against climate change is the greatest challenge of our time. What we need now is speed – across political, social and corporate boundaries. To accelerate the shift to electric vehicles, we're in favor of anything that makes life easier for our customers. Charging is an inseparable part of the EV-experience, and this network will be another step to make it as convenient as possible."
Stellantis CEO Carlos Tavares: "We intend to exceed customer expectations by creating more opportunities for a seamless charging experience given the significant growth expected in the market. We believe that a charging network at scale is vital to protecting freedom of mobility for all, especially as we work to achieve our ambitious carbon neutrality plan. A strong charging network should be available for all - under the same conditions - and be built together with a win-win spirit. I want to thank each colleague involved, as it is a milestone example of our collective intelligence to listen and serve our customers."
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SOURCE BMW Group; General Motors; Honda; Hyundai; Kia; Mercedes-Benz Group; Stellantis NV | https://www.kxii.com/prnewswire/2023/07/26/seven-automakers-unite-create-leading-high-powered-charging-network-across-north-america/ | 2023-07-26 16:36:57 | 0 | https://www.kxii.com/prnewswire/2023/07/26/seven-automakers-unite-create-leading-high-powered-charging-network-across-north-america/ |
FN Media Group Presents Microsmallcap.com Market Commentary
NEW YORK, Sept. 15, 2022 /PRNewswire/ -- NuLeaf Naturals, one of America's top pioneering cannabinoid companies, has launched a new CBD gummies line. Desperate for a good night's rest, more consumers are turning to CBD and CBN gummies for their sleep issues, especially as natural wellness trends have increased since the pandemic. Various cannabinoid products are available from the well-known industry developer and manufacturer of organic cannabinoid products in the form of oils (for humans and animals) and herbal capsules. To meet the growing consumer demand, cannabis companies Hempshire Group (TSXV:HMPG) (OTCPK:HMPSF), HEXO Corp (TSX:HEXO) (NASDAQ:HEXO), Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), Tilray Brands Inc (TSX:TLRY) (NASDAQ:TLRY), and Aurora Cannabis (NASDAQ:ACB) (TSX:ACB) are also expanding their CBD products line.
The Hempshire Group (TSXV:HMPG) (OTC:HMPSF) is the largest North American manufacturer of hemp cigarettes, with expertise in "seed-to-sale."
The Hempshire Group (TSXV:HMPG) (OTC:HMPSF) just reported that it has finalized a binding purchase deal with European exclusive master distributor Montagnaria Group AG for MOUNTAIN® Smokes destined for Europe and the European Union (EU) for US$1.25 million.
The purchase agreement is the next step after Hempshire (TSXV:HMPG) (OTC:HMPSF) announced in a press release on September 7, 2022 that it had just been given approval to market MOUNTAIN® Smokes in Belgium. Due to member state reciprocity, Hempshire (TSXV:HMPG) (OTC:HMPSF) now has access to the whole EU.
In accordance with the terms of the purchase agreement, Montagnaria will pay a minimum of US$1.25 million over the period of one year, commencing in September 2022 and ending in August 2023, for MOUNTAIN® Smokes. All purchase orders issued in accordance with the Purchase Agreement must be paid 50% at the time of issue, with the outstanding sums payable before Hempshire (TSXV:HMPG) (OTC:HMPSF) dispatches the order.
The purchase agreement was executed to enable MOUNTAIN® Smokes to be distributed in a standardised and efficient manner throughout Europe and the EU. Montagnaria and Hempshire (TSXV:HMPG) (OTC:HMPSF) are carefully working together to ensure that the MOUNTAIN® Smokes product conforms with each member country's specific "local" legislation, including any appropriate warning labels and packaging in the local language.
By placing its initial test orders in 2021, Montagnaria was able to place MOUNTAIN® Smokes in over 400 retail locations and smoke shops throughout Switzerland. Montagnaria also had a big impact on Hempshire's (TSXV:HMPG) (OTC:HMPSF) ability to obtain Belgian government authorisation for the sale of MOUNTAIN® Smokes, which opened the door to the entire EU. Montagnaria will establish European warehouse and fulfilment facilities in order to support retailer accounts, convenience stores, and smoke shops throughout Europe. In order to create a sales and distribution plan for all of Europe, Montagnaria will work closely with Hempshire (TSXV:HMPG) (OTC:HMPSF).
"Penetrating the US$261 billion tobacco products market in Europe is one of our top priorities." said Hempshire President and CEO Martin Marion. "Montagnaria's binding financial commitment to MOUNTAIN® Smokes highlights their excitement and belief in the product, and their expectations of a successful European roll-out strategy. We intend on dedicating significant resources alongside Montagnaria to help facilitate brand awareness, consumer demand, and sales in each European country where we introduce MOUNTAIN® Smokes."
The second quarter of 2022 was revolutionary for the company. During the quarter, Hempshire Group (TSXV:HMPG) (OTC:HMPSF) and Hoist Capital Corp. merged. The business created by Hoist and Hempshire U.S. union is well-positioned to dominate the market for tobacco- and nicotine-free smoking alternatives. It continues the operations that Hempshire U.S. had previously handled.
For more information about The Hempshire Group (TSXV:HMPG) (OTC:HMPSF), click here.
Cannabis Companies Launch New CBD Products
On August 30, HEXO Corp (TSX:HEXO) (NASDAQ:HEXO) announced that the company has partnered exclusively with Mike Tyson's newly established cannabis company, TYSON 2.0, an entrepreneur and proponent of cannabis. According to the agreement, HEXO will manufacture all of TYSON 2.0's goods in Canada, including its flower, pre-rolls, edibles, and vapes. In the fall of 2022, the lines made by HEXO will begin shipping across Canada. On July 12, HEXO completed its previously announced transaction with Tilray Brands, Inc. The transactions with Tilray Brands solidify the strategic partnership between HEXO and Tilray Brands and provide HEXO with a recapitalized balance sheet and the financial flexibility to accelerate its transformation into a cash flow-positive business over the next four quarters.
On August 15, Martha Stewart CBD's line of CBD gummies unveiled a new flavour - Pumpkin Spice CBD Wellness Gummies. These new gummies capture the season's spirit and are the ideal accompaniment to consumers' preferred fall activities. These limited-edition candies are part of Martha Stewart's growing range of CBD candies, which already includes some of the brand's best-selling products and flavours, such as the Tropical Medley CBD Wellness GummiesTM and the Harvest Medley CBD Wellness GummiesTM. The new flavour reflects Martha's dedication to providing customers with the flavours and products they love and her ongoing collaboration with Canopy Growth Corporation (TSX: WEED) (NASDAQ: CGC), a market leader in diverse cannabis and cannabinoid-based consumer goods companies.
Tilray Brands Inc (TSX:TLRY) (NASDAQ:TLRY) announced the release of new medical cannabis products under the Tilray and Aphria brands and the debut of CannaPoints, a new program created to support patients on their medical cannabis journey. Tilray Medical, Aphria, Broken Coast, and Symbios are just a few of the medical cannabis brands that Tilray Medical sells in Canada. Tilray Medical's most recent line of premium medical cannabis products from distinctive brands contains a wide selection of THC and CBD products since it recognizes that every patient has different needs. On August 3, Tilray reported that Southern Glazer's Wine & Spirits, the leading distributor of wine and spirits, has entered a distribution deal with Fresh Hemp Foods, Ltd., a subsidiary of the company's Tilray Wellness division. Through the distribution deal, Tilray Wellness will have direct access to Southern Glazer's extensive consumer distribution network, including independent and large-chain grocery shops and local pubs and restaurants.
On August 25, Aurora Cannabis (NASDAQ:ACB) (TSX:ACB) acquired a majority stake in Bevo Agtech Inc., the only parent of Bevo Farms Ltd., one of North America's top suppliers of propagated vegetables and ornamental plants. With the Bevo Transaction's completion, Bevo and the Company agreed to sell one of Aurora's wholly-owned subsidiaries to buy the Aurora Sky plant in Edmonton, Alberta. The transaction gives Aurora access to a successful, cash flow-positive, and expanding business. It may have the potential to provide long-term value to Aurora's current cannabis business by utilizing Bevo's unmatched plant propagation know-how. Through its wholly-owned subsidiary, Aurora will purchase 50.1% of the outstanding common shares of Bevo, gain a majority on the board of directors, and consolidate Bevo's finances. Bevo's seasoned management team will continue to have a sizable stake in the company and remain in place as it implements a comprehensive expansion strategy that includes using the Aurora Sky facility for vegetable and orchid culture.
To provide CBD hemp smokes that deliver all the joyful rituals of smoking without the addictive and harmful consequences of tobacco and nicotine, Hempshire Group is committed to finding the best CBD-rich organic hemp and additional organic components, such as mullein and white sage.
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SOURCE Microsmallcap.com | https://www.wibw.com/prnewswire/2022/09/15/market-leader-expands-with-innovative-cbd-gummy-line/ | 2022-09-15 15:18:29 | 1 | https://www.wibw.com/prnewswire/2022/09/15/market-leader-expands-with-innovative-cbd-gummy-line/ |
TEL AVIV, Israel, June 29, 2022 /PRNewswire/ -- Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) ("Ellomay" or the "Company"), a renewable energy and power generator and developer of renewable energy and power projects in Europe and Israel, today reported unaudited financial results for the three month period ended March 31, 2022.
Financial Highlights
- Revenues were approximately €11.8 million for the three months ended March 31, 2022, compared to approximately €7.2 million for the three months ended March 31, 2021. This increase mainly results from the substantial increase in electricity prices in Europe since the commencement of the military conflict between Russia and Ukraine and the Company recognizing revenues from the Talasol photovoltaic facility (the "Talasol PV Plant") for the entire first quarter of 2022, compared to recognition of revenues from the Talasol PV Plant for a portion of the first quarter of 2021, commencing upon the achievement of PAC (Preliminary Acceptance Certificate) by the Talasol PV Plant on January 27, 2021.
- Operating expenses were approximately €6 million for the three months ended March 31, 2022, compared to approximately €3.2 million for the three months ended March 31, 2021. Depreciation expenses were approximately €4 million for the three months ended March 31, 2022, compared to approximately €3.1 million for the three months ended March 31, 2021. The increase in operating expenses mainly results from the introduction of the Spanish RDL 17/2021 that establishes the reduction, until June 30, 2022, of returns on the electricity generating activity of Spanish production facilities that do not emit greenhouse gases accomplished through payments of a portion of the revenues by the production facilities to the Spanish government. The increase in operating expenses and depreciation expenses is also attributable to the recognition of results of the Talasol PV Plant for the entire first quarter of 2022, compared to a partial recognition (commencing upon the achievement of PAC of the Talasol PV Plant on January 27, 2021) for the first quarter of 2021.
- Project development costs were approximately €0.7 million for the three months ended March 31, 2022, compared to approximately €0.5 million for the three months ended March 31, 2021. The increase in project development costs is mainly due to the development of photovoltaic projects in Italy and Spain.
- General and administrative expenses were approximately €1.5 million for the three months ended March 31, 2022, compared to approximately €1.3 million for the three months ended March 31, 2021. There was no material change in the composition of the expenses included in general and administrative expenses between the two periods.
- Share of profits of equity accounted investee, after elimination of intercompany transactions, was approximately €0.2 million for the three months ended March 31, 2022, compared to approximately €0.6 million for the three months ended March 31, 2021. The decrease in the Company's share of profit of equity accounted investee is mainly attributable to higher financing expenses incurred by Dorad for the period as a result of the CPI indexation of loans from banks.
- Financing expenses, net were approximately €2.9 million for the three months ended March 31, 2022, compared to approximately €2.8 million for the three months ended March 31, 2021. The increase in financing expenses, net, was mainly attributable to financing expenses in connection with the Talasol PV Plant previously capitalized to fixed assets that are recognized in profit and loss starting from PAC, interest and linkage differences in connection with an agreement entered into with the Israeli Tax Authority in connection with a final assessment agreement for the years 2015-2020 of the Talmei Yosef PV Plant, partially offset by a decrease in financing expenses compared to the first quarter of 2021, during which the Company recognized expenses amounting to approximately €0.8 million in connection with the early repayment of the Company's Series B Debentures.
- Taxes on income were approximately €0.3 million for the three months ended March 31, 2022, compared to tax benefits of approximately €0.3 million for the three months ended March 31, 2021.
- Loss for the three months ended March 31, 2022 was approximately €3.4 million, compared to a loss of approximately €2.7 million for the three months ended March 31, 2021.
- Total other comprehensive loss was approximately €40.9 million for the three months ended March 31, 2022, compared to approximately €2.4 million for the three months ended March 31, 2021. The increase in total other comprehensive loss mainly resulted from changes in fair value of cash flow hedges, including a material reduction in the fair value of the financial power swap (the "PPA") that covers approximately 80% of the output of the Talasol PV Plant. The PPA experienced a high volatility due to the substantial increase in electricity prices in Europe since the commencement of the military conflict between Russia and Ukraine. In accordance with hedge accounting standards, the changes in the PPA's fair value are recorded in the Company's shareholders' equity through a hedging reserve and not through the accumulated deficit/retained earnings. The changes do not impact the Company's consolidated net profit/loss or the Company's consolidated cash flows. As the Company controls Talasol, the total impact of the changes in fair value of the PPA (including the minority share) is consolidated into the Company's financial statements and total equity. Alongside the decrease in fair value of the PPA, the increase in the electricity prices is expected to have a positive impact on Talasol's revenues from the sale of the capacity that is not subject to the PPA, resulting in an expected increase in Talasol's net income and cash flows.
- Total comprehensive loss was approximately €44.2 million for the three months ended March 31, 2022, compared to approximately €5 million for the three months ended March 31, 2021.
- EBITDA was approximately €3.8 million for the three months ended March 31, 2022, compared to approximately €2.9 million for the three months ended March 31, 2021. See the table on page 12 of this press release for a reconciliation of these numbers to profit and loss.
- Net cash provided by operating activities was approximately €8.1 million for the three months ended March 31, 2022, compared to approximately €1.3 million for the three months ended March 31, 2021. The increase is mainly attributable to the recognition of results of the Talasol PV Plant for the entire first quarter of 2022, compared to a partial recognition (commencing upon the achievement of PAC of the Talasol PV Plant on January 27, 2021) for the first quarter of 2021.
CEO Review – First Quarter of 2022
The first quarter of 2022 represents an increase in revenues of approximately 60% compared to the first quarter of 2021.
As a result of the war in Ukraine and the gas shortage, the electricity prices in Europe increased threefold compared to last year. The increase in electricity prices had a positive impact on the Company's revenues and is the main reason for the increase in revenues.
Talasol currently sells approximately 75% of the electricity produced by its PV facility under a long-term electricity purchase agreement (the "PPA" or the "Derivative"), therefore the increase in revenues is based mainly on the electricity that is not sold under the PPA.
As a result of the increase in electricity prices in Europe (which generally benefited the Company) the fair value of the Derivative decreased by approximately €60 million as of March 31, 2022.
As the Derivative is a non-speculative hedge, the change in its fair value does not impact the Company's cash flows or net profit, and the entire decrease in fair value is recorded through a hedging reserve. The impact of the change is a decrease in the Company's consolidated equity. Upon expiration of the Derivative (in approximately 8.5 years), the value of the Derivative is recorded as zero.
During the first quarter of 2022, Talasol refinanced its loans. The new financing is based on the Derivative and was therefore provided on very convenient terms: a fixed average annual interest of approximately 3% in euro, a term of approximately 23 years, and a leverage of approximately 75% of the cost of construction of the project.
This financing significantly improved the cash flow to the shareholders of Talasol, including the Company (which indirectly owns 51% of Talasol), and increased the return to Talasol's shareholders to approximately 14%, without taking into account the current electricity prices that are expected to further improve the return to Talasol's shareholders.
During the first quarter of 2022, the construction of the Ellomay Solar project in Spain (28 MW PV) was completed. This project was connected to the electricity grid during the second quarter of 2022. The electricity of this project is sold in market prices and the project was constructed without outside financing ("full equity"). The Company is planning to examine several proposals to finance this project.
The construction of the first project in Italy (20 MW PV) commenced during the second quarter of 2022. Out of the projects under development, to date building permits were issued for an additional 102 MW and these are undergoing contractors' tender processes. An additional approximately 430 MW are under advanced development stages.
The biogas operations in the Netherlands was impacted by the war in Ukraine causing shortages in certain raw materials and an increase in delivery prices. As of today the supply of raw materials has been renewed and the increase in prices is compensated by the increase in prices of the green certificates. The European Union and the Dutch government set a high manufacturing target for the biogas industry as part of the reduction of the dependency on Russia and a plan to support this industry is expected to be published shortly.
The construction of the pumped storage project in the Manara Cliff in Israel is advancing as planned. The main access tunnel reached more than 200 meter depth in the mountain and extensive excavation works are performed in the upper reservoir and in the low pressure tunnel in the area of the bottom reservoir.
The Company projects that it will record revenues of approximately €16 million in the second quarter of 2022.
Use of NON-IFRS Financial Measures
EBITDA is a non-IFRS measure and is defined as earnings before financial expenses, net, taxes, depreciation and amortization. The Company presents this measure in order to enhance the understanding of the Company's operating performance and to enable comparability between periods. While the Company considers EBITDA to be an important measure of comparative operating performance, EBITDA should not be considered in isolation or as a substitute for net income or other statement of operations or cash flow data prepared in accordance with IFRS as a measure of profitability or liquidity. EBITDA does not take into account the Company's commitments, including capital expenditures and restricted cash and, accordingly, is not necessarily indicative of amounts that may be available for discretionary uses. Not all companies calculate EBITDA in the same manner, and the measure as presented may not be comparable to similarly-titled measure presented by other companies. The Company's EBITDA may not be indicative of the Company's historic operating results; nor is it meant to be predictive of potential future results. The Company uses this measure internally as performance measure and believes that when this measure is combined with IFRS measure it add useful information concerning the Company's operating performance. A reconciliation between results on an IFRS and non-IFRS basis is provided on page 12 of this press release.
About Ellomay Capital Ltd.
Ellomay is an Israeli based company whose shares are registered with the NYSE American and with the Tel Aviv Stock Exchange under the trading symbol "ELLO". Since 2009, Ellomay Capital focuses its business in the renewable energy and power sectors in Europe and Israel.
To date, Ellomay has evaluated numerous opportunities and invested significant funds in the renewable, clean energy and natural resources industries in Israel, Italy and Spain, including:
- Approximately 35.9 MW of photovoltaic power plants in Spain and a photovoltaic power plant of approximately 9 MW in Israel;
- 9.375% indirect interest in Dorad Energy Ltd., which owns and operates one of Israel's largest private power plants with production capacity of approximately 860MW, representing about 6%-8% of Israel's total current electricity consumption;
- 51% of Talasol, which owns a photovoltaic plant with a peak capacity of 300MW in the municipality of Talaván, Cáceres, Spain;
- Groen Gas Goor B.V., Groen Gas Oude-Tonge B.V. and Groen Gas Gelderland B.V., project companies operating anaerobic digestion plants in the Netherlands, with a green gas production capacity of approximately 3 million, 3.8 million and 9.5 million (with a license to produce 7.5 million) Nm3 per year, respectively;
- 83.333% of Ellomay Pumped Storage (2014) Ltd., which is involved in a project to construct a 156 MW pumped storage hydro power plant in the Manara Cliff, Israel.
For more information about Ellomay, visit http://www.ellomay.com.
Information Relating to Forward-Looking Statements
This press release contains forward-looking statements that involve substantial risks and uncertainties, including statements that are based on the current expectations and assumptions of the Company's management. All statements, other than statements of historical facts, included in this press release regarding the Company's plans and objectives, expectations and assumptions of management are forward-looking statements. The use of certain words, including the words "estimate," "project," "intend," "expect," "believe" and similar expressions are intended to identify forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The Company may not actually achieve the plans, intentions or expectations disclosed in the forward-looking statements and you should not place undue reliance on the Company's forward-looking statements. Various important factors could cause actual results or events to differ materially from those that may be expressed or implied by the Company's forward-looking statements, including the impact of continued war between Russia and Ukraine, including its impact on electricity prices, availability of raw materials and disruptions in supply changes, the impact of the Covid-19 pandemic on the Company's operations and projects, including in connection with steps taken by authorities in countries in which the Company operates, changes in the market price of electricity and in demand, regulatory changes, including extension of current or approval of new rules and regulations increasing the operating expenses of manufacturers of renewable energy in Spain, increases in interest rates, changes in the supply and prices of resources required for the operation of the Company's facilities (such as waste and natural gas) and in the price of oil, and technical and other disruptions in the operations or construction of the power plants owned by the Company. These and other risks and uncertainties associated with the Company's business are described in greater detail in the filings the Company makes from time to time with Securities and Exchange Commission, including its Annual Report on Form 20-F. The forward-looking statements are made as of this date and the Company does not undertake any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Kalia Rubenbach (Weintraub)
CFO
Tel: +972 (3) 797-1111
Email: hilai@ellomay.com
Ellomay Capital Ltd.
Information for the Company's Debenture Holders
Pursuant to the Deeds of Trust governing the Company's Series C and Series D Debentures (together, the "Debentures"), the Company is required to maintain certain financial covenants. For more information, see Item 5.B of the Company's Annual Report on Form 20-F submitted to the Securities and Exchange Commission on March 31, 2022 and below.
Net Financial Debt
As of March 31, 2022, the Company's Net Financial Debt, (as such term is defined in the Deeds of Trust of the Company's Debentures), was approximately €18.3 million (consisting of approximately €295.83 million of short-term and long-term debt from banks and other interest bearing financial obligations, approximately €139.54 million in connection with the Series C Debentures issuances (in July 2019, October 2020, February 2021 and October 2021) and Series D Debentures issuance (in February 2021), net of approximately €121.2 million of cash and cash equivalents, short-term deposits and marketable securities and net of approximately €295.85 million of project finance and related hedging transactions of the Company's subsidiaries).
Information for the Company's Series C Debenture Holders.
The Deed of Trust governing the Company's Series C Debentures (as amended on June 6, 2022, the "Series C Deed of Trust"), includes an undertaking by the Company to maintain certain financial covenants, whereby a breach of such financial covenants for two consecutive quarters is a cause for immediate repayment. As of March 31, 2022, the Company was in compliance with the financial covenants set forth in the Series C Deed of Trust as follows: (i) the Company's Adjusted Shareholders' Equity (as defined in the Series C Deed of Trust) was approximately €126.1 million, (ii) the ratio of the Company's Net Financial Debt (as set forth above) to the Company's CAP, Net (defined as the Company's Adjusted Shareholders' Equity plus the Net Financial Debt) was 12.7%, and (iii) the ratio of the Company's Net Financial Debt to the Company's Adjusted EBITDA6, was 0.8.
The following is a reconciliation between the Company's loss and the Adjusted EBITDA (as defined in the Series C Deed of Trust) for the four-quarter period ended March 31, 2022:
Information for the Company's Series D Debenture Holders
The Deed of Trust governing the Company's Series D Debentures includes an undertaking by the Company to maintain certain financial covenants, whereby a breach of such financial covenants for the periods set forth in the Series D Deed of Trust is a cause for immediate repayment. As of March 31, 2022, the Company was in compliance with the financial covenants set forth in the Series D Deed of Trust as follows: (i) the Company's Adjusted Shareholders' Equity (as defined in the Series D Deed of Trust) was approximately €126.1 million, (ii) the ratio of the Company's Net Financial Debt (as set forth above) to the Company's CAP, Net (defined as the Company's Adjusted Shareholders' Equity plus the Net Financial Debt) was 12.7%, and (iii) the ratio of the Company's Net Financial Debt to the Company's Adjusted EBITDA7 was 0.8.
The following is a reconciliation between the Company's loss and the Adjusted EBITDA (as defined in the Series D Deed of Trust) for the four-quarter period ended March 31, 2022:
1 Ellomay Solar S.L, the owner of a 28 MW photovoltaic facility near the Talasol PV Plant.
2 The Talmei Yosef PV Plant located in Israel is presented under the fixed asset model and not under the financial asset model as per IFRIC 12.
3 Short-term and long-term debt from banks and other interest bearing financial obligations amount provided above, includes an amount of approximately €0.4 million costs associated with such debt, which was capitalized and therefore offset from the debt amount that is recorded in the Company's balance sheet.
4 Debentures amount provided above includes an amount of approximately €2.3 million associated costs, which was capitalized and therefore offset from the debentures amount that is recorded in the Company's balance sheet.
5 The project finance amount deducted from the calculation of Net Financial Debt includes project finance obtained from various sources, including financing entities and the minority shareholders in project companies held by the Company (provided in the form of shareholders' loans to the project companies).
6 The term "Adjusted EBITDA" is defined in the Series C Deed of Trust as earnings before financial expenses, net, taxes, depreciation and amortization, where the revenues from the Company's operations, such as the Talmei Yosef PV Plant, are calculated based on the fixed asset model and not based on the financial asset model (IFRIC 12), and before share-based payments. The Series C Deed of Trust provides that for purposes of the financial covenant, the Adjusted EBITDA will be calculated based on the four preceding quarters, in the aggregate. The Adjusted EBITDA is presented in this press release as part of the Company's undertakings towards the holders of its Series C Debentures. For a general discussion of the use of non-IFRS measures, such as EBITDA and Adjusted EBITDA see above under "Use of NON-IFRS Financial Measures."
7 The term "Adjusted EBITDA" is defined in the Series D Deed of Trust as earnings before financial expenses, net, taxes, depreciation and amortization, where the revenues from the Company's operations, such as the Talmei Yosef PV Plant, are calculated based on the fixed asset model and not based on the financial asset model (IFRIC 12), and before share-based payments, when the data of assets or projects whose Commercial Operation Date (as such term is defined in the Series D Deed of Trust) occurred in the four quarters that preceded the relevant date will be calculated based on Annual Gross Up (as such term is defined in the Series D Deed of Trust). The Series D Deed of Trust provides that for purposes of the financial covenant, the Adjusted EBITDA will be calculated based on the four preceding quarters, in the aggregate. The Adjusted EBITDA is presented in this press release as part of the Company's undertakings towards the holders of its Series D Debentures. For a general discussion of the use of non-IFRS measures, such as EBITDA and Adjusted EBITDA see above under "Use of NON-IFRS Financial Measures."
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SOURCE Ellomay Capital Ltd. | https://www.wibw.com/prnewswire/2022/06/29/ellomay-capital-reports-results-three-months-ended-march-31-2022/ | 2022-06-29 21:15:00 | 0 | https://www.wibw.com/prnewswire/2022/06/29/ellomay-capital-reports-results-three-months-ended-march-31-2022/ |
Inflation gauge tracked by Fed accelerated in January
WASHINGTON (AP) — The Federal Reserve’s preferred inflation gauge ticked higher in January, a sign that price pressures remain entrenched in the U.S. economy and could lead the Fed to keep raising interest rates well into this year.
Friday’s report from the Commerce Department showed that consumer prices rose 0.6% from December to January, up sharply from a 0.2% increase from November to December. On a year-over-year basis, prices rose 5.4%, up from a 5.3% annual increase in December.
The report also showed that consumer spending rose 1.8% last month from December after falling the previous month.
All told, Friday’s data provided the latest sign that the economy remains gripped by high inflation despite the Fed’s strenuous efforts to tame it. Last week, the government issued a separate inflation measure — the consumer price index — which showed that prices rose 0.5% from December to January, much more than the previous month’s 0.1% rise. Measured year over year, consumer prices climbed 6.4% in January. That was well below a recent peak of 9.1% in June but still far above the Fed’s 2% inflation target.
Since March of last year, the Fed has attacked inflation by raising its key interest rate eight times. Yet despite the resulting higher borrowing costs for individuals and businesses, the job market remains surprisingly robust. That is actually a worrisome sign for the Fed because strong demand for workers tends to fuel wage growth and overall inflation. Employers added a sizzling 517,000 jobs in January, and the unemployment rate fell to 3.4%, its lowest point since 1969.
The Fed is thought to monitor the inflation gauge that was issued Friday — the personal consumption expenditures price index — even more closely than it does the government’s better-known CPI.
Typically, the PCE index shows a lower inflation level than CPI. In part, that’s because rents, which have soared, carry twice the weight in the CPI that they do in the PCE.
The PCE price index also seeks to account for changes in how people shop when inflation jumps. As a result, it can capture emerging trends — when, for example, consumers shift away from pricey national brands in favor of less expensive store brands.
The consumer price index showed a worrisome rise from December to January: It jumped 0.5% — five times the November-to-December increase.
Likewise, the government’s measure of wholesale inflation, which shows price increases before they hit consumers, accelerated 0.7% from December to January after having dropped 0.2% from November to December.
Copyright 2023 The Associated Press. All rights reserved. | https://www.kxii.com/2023/02/24/inflation-rose-january-report-says/ | 2023-02-24 13:53:08 | 0 | https://www.kxii.com/2023/02/24/inflation-rose-january-report-says/ |
Israel launches airstrikes on Gaza after rocket attacks as violence escalates
By Hadas Gold, Abeer Salman and Mohammed Tawfeeq, CNN
Israel launched airstrikes targeting alleged weapons manufacturing and storage sites in Gaza on Thursday, following a rocket attack from the coastal enclave, the Israel Defense Forces (IDF) said.
In a statement, the IDF said “fighter jets struck a weapons manufacturing site” in central Gaza owned by Hamas, the Palestinian militant group that runs Gaza.
“In parallel, a military compound belonging to the Hamas Terrorist Organization in the northern Gaza Strip which also was used as a naval weapons storage warehouse was struck,” the statement said.
Earlier Thursday, the IDF said five rockets fired from Gaza toward Israeli territory, including the cities of Ashkelon and Sderot, were intercepted and another rocket fell in an open area.
The airstrikes come after the deaths of at least 11 Palestinians in Nablus in the occupied West Bank on Wednesday, which occurred during a rare daytime raid by the Israeli military that also left more than 100 injured. One of the dead targeted in the Nablus raid was a Hamas member, the group said.
IDF raids into the West Bank usually occur overnight; the last time the military conducted a daylight operation, they said it was because of an immediate threat.
‘Violent and deadly’
The occupied West Bank has been rocked by a series of lethal Israeli military raids in the past year, as tensions in Israel and the Palestinian territories remain sky-high in a region riven by bloodshed.
An Israeli raid in the city of Jenin in January caused the deadliest day for Palestinians in the West Bank in over a year, according to CNN records, with at least 10 Palestinians killed on the day and one dying later of his wounds. One day later, at least seven civilians died in a shooting near a synagogue in Jerusalem — which Israel deemed one of its worst terror attacks in recent years.
This comes as Israeli Prime Minister Netanyahu leads a cabinet that has been described as the most far right and religious in the country’s history.
Netanyahu previously told CNN’s Jake Tapper that people can get “hung up” on peace negotiations with the Palestinians, saying he has opted for a different approach.
As relations between Israeli forces and Palestinian militants boil over, CNN’s Hadas Gold said the scenes on Wednesday reflected those “not seen since the second intifada,” or uprising.
The-CNN-Wire
™ & © 2023 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. | https://localnews8.com/news/national-world/cnn-europe-mideast-africa/2023/02/23/israel-launches-airstrikes-on-gaza-after-rocket-attacks-as-violence-escalates/ | 2023-02-23 10:43:59 | 0 | https://localnews8.com/news/national-world/cnn-europe-mideast-africa/2023/02/23/israel-launches-airstrikes-on-gaza-after-rocket-attacks-as-violence-escalates/ |
GÖTEBORG, Sweden, Aug. 19, 2022 /PRNewswire/ -- Jan Gurander will step down as Volvo Group Deputy CEO as of December 31st, 2022. His other managerial assignments within the Group will gradually be distributed to other members of the Volvo Group Executive Board. After the turn of the year, Jan Gurander will stand available to President and CEO Martin Lundstedt's disposal.
Jan Gurander has a long and successful career within the Volvo Group, starting as Volvo Group Chief Financial Officer in 2014. He held the role of acting President and CEO for parts of 2015 and was appointed Deputy CEO in 2016. Prior to his career in the Volvo Group, Jan Gurander held the role of Chief Financial Officer in numerous automotive companies and has a background within finance.
"As Deputy CEO, CFO and Chairman of several Business Areas over the last nine years, Jan has been one of the key drivers to the positive growth and profitability development of the Group, as well as the strengthening of our financial position", says Martin Lundstedt, President and CEO. "Jan has also been one of the main contributors when setting our strategic direction to lead the transformation into sustainable transport and infrastructure solutions. I want to express my appreciation for a significant contribution throughout the years, and I look forward to the continuous collaboration."
August 19th, 2022
Journalists wanting further information, please contact:
Claes Eliasson, Volvo Group Media Relations, +46 76 553 72 29
For more information, please visit volvogroup.com
For frequent updates, follow us on Twitter: @volvogroup
The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 100.000 people and serves customers in more than 190 markets. In 2020, net sales amounted to about SEK 338 billion (EUR 33.6 billion). Volvo shares are listed on Nasdaq Stockholm.
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SOURCE AB Volvo | https://www.mysuncoast.com/prnewswire/2022/08/19/jan-gurander-step-down-volvo-group-deputy-ceo/ | 2022-08-19 08:27:44 | 1 | https://www.mysuncoast.com/prnewswire/2022/08/19/jan-gurander-step-down-volvo-group-deputy-ceo/ |
Deal will help to accelerate the development of Caterpillar's electrified product portfolio
IRVING, Texas, Jan. 6, 2023 /PRNewswire/ -- Caterpillar Inc. (NYSE:CAT) announced the company is investing in Lithos Energy, Inc., a U.S.-based battery technology company that produces lithium-ion battery packs.
"Caterpillar's collaboration with Lithos supports our commitment to delivering robust electrified products and solutions for our customers," said Joe Creed, group president of Caterpillar's Energy & Transportation segment. "Cat® equipment – regardless of its power source – is designed to operate in the most demanding conditions. Lithos' experience manufacturing battery packs for similarly demanding environments will be an asset as we continue our electrified product development."
Headquartered in San Rafael, California, Lithos specializes in designing, engineering and manufacturing shock resistant and high performance battery solutions for applications including off-road and marine.
"We are extremely excited to be working with Caterpillar, especially at a time when the leading construction machinery and equipment manufacturer is entering a new age of efficiency and reduced emission operation," commented James Meredith, CEO of Lithos Energy. "Caterpillar's forward thinking, commitment to electrification and leadership position on the global stage for equipment manufacturers make this an ideal match. This funding will enable Lithos to accelerate technology development and scale up manufacturing capacity as we look forward to providing increasingly advanced product offerings to our new and existing customers."
Caterpillar's investment in Lithos further demonstrates Caterpillar's commitment to support customers in the energy transition with lower-carbon advanced power technologies for its hybrid and full-electric machines and power generation products. The company recently displayed four electric construction machine prototypes, including battery prototypes, at bauma 2022 in Munich, Germany and successfully demonstrated its first battery electric 793 large mining truck at its Tucson Proving Ground in Arizona.
About Caterpillar
With 2021 sales and revenues of $51.0 billion, Caterpillar Inc. is the world's leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For nearly 100 years, we've been helping customers build a better, more sustainable world and are committed and contributing to a reduced carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed. Caterpillar does business on every continent, principally operating through three primary segments – Construction Industries, Resource Industries and Energy & Transportation – and providing financing and related services through our Financial Products segment. Visit us at caterpillar.com or join the conversation on our social media channels.
About Lithos Energy
Lithos Energy, Inc is a San Francisco based engineering firm that designs, builds and integrates lithium-ion battery systems. Founded by two MIT engineers who had previously worked for some of the biggest electric vehicle companies in the United States, Lithos Energy provides custom energy storage solutions to a range of markets. The Lithos team is dedicated to developing the best solutions for each application, working with clients who are committed to producing great products for customers.
At Lithos, we understand that behind every technological and product breakthrough is a team of dedicated people who sweat the details and who work tirelessly to develop new, innovative solutions. We are committed to the success of our clients, partners and projects. By offering in-house prototyping and production, we can rapidly innovate and ensure that each production product meets the exacting specifications required for the application. Visit Lithos Energy at lithosenergy.com
Forward-Looking Statements
Certain statements in this financial review relate to future events and expectations and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as "believe," "estimate," "will be," "will," "would," "expect," "anticipate," "plan," "forecast," "target," "guide," "project," "intend," "could," "should" or other similar words or expressions often identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding our outlook, projections, forecasts or trend descriptions. These statements do not guarantee future performance and speak only as of the date they are made, and we do not undertake to update our forward-looking statements.
Caterpillar's actual results may differ materially from those described or implied in our forward-looking statements based on a number of factors, including, but not limited to: (i) global and regional economic conditions and economic conditions in the industries we serve; (ii) commodity price changes, material price increases, fluctuations in demand for our products or significant shortages of material; (iii) government monetary or fiscal policies; (iv) political and economic risks, commercial instability and events beyond our control in the countries in which we operate; (v) international trade policies and their impact on demand for our products and our competitive position, including the imposition of new tariffs or changes in existing tariff rates; (vi) our ability to develop, produce and market quality products that meet our customers' needs; (vii) the impact of the highly competitive environment in which we operate on our sales and pricing; (viii) information technology security threats and computer crime; (ix) inventory management decisions and sourcing practices of our dealers and our OEM customers; (x) a failure to realize, or a delay in realizing, all of the anticipated benefits of our acquisitions, joint ventures or divestitures; (xi) union disputes or other employee relations issues; (xii) adverse effects of unexpected events; (xiii) disruptions or volatility in global financial markets limiting our sources of liquidity or the liquidity of our customers, dealers and suppliers; (xiv) failure to maintain our credit ratings and potential resulting increases to our cost of borrowing and adverse effects on our cost of funds, liquidity, competitive position and access to capital markets; (xv) our Financial Products segment's risks associated with the financial services industry; (xvi) changes in interest rates or market liquidity conditions; (xvii) an increase in delinquencies, repossessions or net losses of Cat Financial's customers; (xviii) currency fluctuations; (xix) our or Cat Financial's compliance with financial and other restrictive covenants in debt agreements; (xx) increased pension plan funding obligations; (xxi) alleged or actual violations of trade or anti-corruption laws and regulations; (xxii) additional tax expense or exposure, including the impact of U.S. tax reform; (xxiii) significant legal proceedings, claims, lawsuits or government investigations; (xxiv) new regulations or changes in financial services regulations; (xxv) compliance with environmental laws and regulations; (xxvi) the duration and geographic spread of, business disruptions caused by, and the overall global economic impact of, the COVID-19 pandemic; and (xxvii) other factors described in more detail in Caterpillar's Forms 10-Q, 10-K and other filings with the Securities and Exchange Commission.
A reconciliation of non-GAAP financial information can be found in our press release describing second-quarter 2021 financial results which is available on our website at www.caterpillar.com/earnings.
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SOURCE Caterpillar Inc. | https://www.kxii.com/prnewswire/2023/01/06/caterpillar-announces-investment-lithos-energy-inc-further-battery-pack-development-manufacturing/ | 2023-01-06 13:55:54 | 1 | https://www.kxii.com/prnewswire/2023/01/06/caterpillar-announces-investment-lithos-energy-inc-further-battery-pack-development-manufacturing/ |
SINGAPORE, July 19, 2023 /PRNewswire/ -- In the vibrant and ever-evolving world of cryptocurrency, Bitget has consistently represented a gold standard of excellence and forward-thinking innovation. Established in 2018, Bitget has rapidly become a premier global cryptocurrency exchange, noted for its futures trading and copy trading services.
As it celebrates its 5th anniversary, Bitget upholds its commitment to 8 million users across over 100 countries by offering secure, efficient trading solutions. In honor of its milestone, Bitget is introducing a comprehensive guide to candlestick signals in cryptocurrency trading. This guide is a fundamental basis for learning essential candlestick signals in the crypto market.
Understanding Candlestick Charts
Candlestick charts are financial charts that illustrate the price movement of assets, including cryptocurrencies. Each candlestick represents a specific time frame (e.g., a day or an hour) and displays the opening, closing, high, and low prices for that period. Traders widely employ candlestick charts to analyze the market and inform their trading strategies.
To deepen your understanding of candlestick charts, explore how to read candlestick charts, available in three volumes: Volume 1 | Volume 2 | Volume 3
Key Candlestick Signals in the Crypto Market
Among the many patterns you'll encounter in candlestick charts, some of the most influential include:
Hammer and Hanging Man Patterns: These candlestick patterns suggest potential trend reversals. A hammer pattern forms when an asset's price experiences a significant decline during the day but recovers to close near the opening price. Conversely, a hanging man pattern occurs when the price rises substantially during the day but closes near the opening price. Both patterns indicate the emergence of buyers who may drive the price higher.
Bullish and Bearish Engulfing Patterns: These patterns emerge when a small candlestick is followed by a larger one that engulfs it completely. A bullish engulfing pattern occurs when a small red candlestick is succeeded by a larger green one, signifying buyer dominance. Conversely, a bearish engulfing pattern materializes when a small green candlestick is trailed by a larger red one, indicating seller control.
Doji Patterns: The doji pattern emerges when the opening and closing prices are very close to each other. This pattern suggests market indecision and may indicate an impending trend reversal.
Morning Star and Evening Star Patterns: These three-candlestick patterns indicate potential trend reversals. A morning star pattern manifests when a long red candlestick is followed by a small green one, highlighting indecision, and is then succeeded by a long green candlestick, signaling buyer supremacy. Conversely, an evening star pattern unfolds with a long green candlestick followed by a small red one and then a long red candlestick, suggesting seller dominance.
What if I'm new to the Crypto industry?
"If I'm a newcomer to the crypto industry, what approach should I consider? I'm looking to avoid the volatility of the market and instead want to generate a steady and consistent income."
You might want to consider Bitget Earn, a comprehensive asset management platform under Bitget. These products have been designed to yield high returns while maintaining a level of security, catering to a diverse array of investment needs. As a user, you can select the products that best match your personal investment strategy.
Bitget Earn boasts a suite of diverse financial products, including Flexible Savings, Shark Fin, Dual Investment and Smart Trend, etc. Continuously innovating, Bitget plans to launch even more financial products in the future, aiming to satisfy the various preferences, investment goals, and risk tolerances of its user base.
If you are a newcomer at the market news level, you can always check the bitget crypto calendar to see more latest information about the Crypto industry, so that you can grasp the latest and most authoritative first-hand developments,
Simply create an account, and start exploring the incredible Bitget-Verse today!
Bitget Crypto Academy: Your Ultimate Crypto Learning Hub
For those passionate about expanding their knowledge of cryptocurrency trading and investing, Bitget Academy serves as a vital learning resource. With courses ranging from technical analysis to risk management, Bitget Academy equips learners with the necessary skills and knowledge to navigate the crypto market successfully.
Bitget Academy provides valuable educational resources for traders seeking to enhance their trading knowledge. By understanding these key signals and leveraging the insights offered by Bitget Academy, you can increase your chances of success in the dynamic and volatile world of cryptocurrency trading.
Begin your crypto journey by visiting Bitget Academy's website today!
For more Crypto industry signals, Bitget Crypto news has the latest information on blockchain.
Latest Crypto price:
Crypto Price Chart (as of July 17, 2023) :
Cryptocurrency | Price (USD) |
| Btc Price | $30,298.29|
| Eth Price | $1,934.81|
| Dogecoin Price | $0.06491|
| Shiba Inu Price | $ 0.0000078|
| XRP Price | $0.7495|
| BNB Price | $253.65 |
| Litecoin Price | $93.47|
| Solana Price | $27.56 |
| TRON Price | $0.08013|
Click on Crypto Price to see real-time prices of more than 10,000 cryptocurrencies
Please note that the prices mentioned above are as of July 17, 2023, and maybe subject to fluctuations.
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SOURCE Bitget exchange | https://www.kxii.com/prnewswire/2023/07/20/bitget-marks-its-5th-anniversary-with-comprehensive-guide-signals-cryptocurrency-trading/ | 2023-07-20 04:11:47 | 0 | https://www.kxii.com/prnewswire/2023/07/20/bitget-marks-its-5th-anniversary-with-comprehensive-guide-signals-cryptocurrency-trading/ |
Grammys Moments: A rap tribute for the ages, Beyoncé triumph
By DAVID BAUDER
AP Media Writer
For almost as long as the 50 years of history celebrated on Sunday’s Grammy awards, rap artists have had an uncomfortable relationship with the music’s biggest institution. Certainly the Grammys hope that 2023 represents a turning point. The 15-minute Questlove-curated history lesson was a blast and offered some overdue attention. DJ Khaled’s performance of “God Did” featured a memorable performance by Jay-Z. Dr. Dre was given an innovator’s award named for him. Other standout Grammy moments: Beyoncé’s haul of awards, Harry Styles’ style, a breezy performance by show host Trevor Noah, and a surprise song of the year win for Bonnie Raitt. | https://localnews8.com/news/2023/02/06/grammys-moments-a-rap-tribute-for-the-ages-beyonce-triumph/ | 2023-02-06 09:07:02 | 1 | https://localnews8.com/news/2023/02/06/grammys-moments-a-rap-tribute-for-the-ages-beyonce-triumph/ |
Katie Ledecky earns AP female athlete of year for 2nd time
By PAUL NEWBERRY
AP National Writer
A change of scenery worked out just fine for Katie Ledecky.
Shifting coasts and coaches after last summer’s Tokyo Olympics, the American swimmer turned in another stellar performance at the world championships, set a pair of world records and capped 2022 as The Associated Press Female Athlete of the Year, selected by a panel of 40 sports writers and editors from news outlets across the country.
Ledecky, who previously won the award in 2017, edged out American track star Sydney McLaughlin in balloting announced Wednesday.
The two tied in total points, but Ledecky got the nod based on 10 first-place votes to McLaughlin’s nine. Basketball standout A’ja Wilson finished third.
“I know so many great athletes have won this honor,” Ledecky said. “I’m really happy — happy with how my year went, and also excited about the future.”
Ledecky, who won her first Olympic gold medal in 2012 at age 15, has managed to stay on top in female freestyle swimming’s longest pool events for the better part of a decade.
She has held the long-course world record in both the 800- and 1,500-meter free since 2013, rarely facing a serious challenge in either of those grueling races.
At this year’s world aquatics championships in Budapest, Hungary, Ledecky touched first in the 800 by more than 10 seconds and won the 1,500 by nearly 15 seconds. She also claimed gold in the 400 free and was part of the winning U.S. team in the 4×200 free relay.
Before 2022 was done, Ledecky added two more world records to her ledger. She set short-course marks in both the 800 and 1,500 a week apart — even though she rarely competes in the 25-meter pool.
But the real enjoyment for Ledecky comes when no one is cheering her on, when it’s just her and her coaches and teammates, putting in the long, lonely hours of training.
“I might be one of the few swimmers who loves the training even more than the racing,” she said. “Don’t get me wrong: I love the racing, too. But I truly enjoy going to practice every day. I’m excited when I go to bed for practice in the morning.”
Last year, after an Olympic performance that was a slight disappointment by her lofty standings, Ledecky left coach Greg Meehan and the Stanford University team where she had competed and trained while earning a psychology degree.
Her top priority was getting closer to her family in the Washington, D.C., area. She was intrigued by the program that Anthony Nesty, a rising star in the coaching ranks, had built at the University of Florida.
One of Nesty’s freestylers, Bobby Finke, surprisingly swept gold in the men’s 800 and 1,500 free at Tokyo. Another, Kieran Smith, captured an unexpected bronze.
“It’s been a lot of fun every day,” she said. “This is the right place for me to be at this point in my career. I’m training really well and learning a lot along the way.”
The shift to Nesty and a program where she usually trains with the men seems to have pushed the 25-year-old Ledecky to even greater heights.
Nesty said one of his main challenges is making sure Ledecky doesn’t train too hard.
“She needs to understand that once you get older, the body is different,” the coach said. “I have to tell her, ‘Katie, you’ve got understand you’re not 18 anymore.’ The body will get tired. When it gets tired, it’s OK to throttle back a little bit.”
Moving to Florida has led to other changes.
Always a bit reserved, Ledecky now seems far more willing to speak up — even holding her own in good-natured trash talk with her male teammates, according to Nesty.
“This group is a very competitive group, a fun group and, at times, pretty chatty,” he said. “It seems to have made her pretty chatty. You’ve gotta be with our group. I think our group has kind of made her come out of her shell a little bit.”
Ledecky agreed.
“Guys are guys. They love to trash-talk with each other,” she said with a smile. “I’ll poke a little fun at the some of the guys, give them a little push here and there. I’m definitely pretty comfortable in this environment now.”
Ledecky tackled a brutal program at the Tokyo Games, where women competed in the 1,500 free for the first time. As expected, she swept the 800-1,500 double but came up short to Australian rival Ariarne Titmus in two shorter freestyle events.
Ledecky settled for silver behind Titmus in the 400 and didn’t even win a medal in the 200, finishing 1 1/2 seconds behind the Aussie in fifth place.
It was the first time Ledecky failed to win a medal in an Olympic race.
“There were some things I would’ve liked to be better in Tokyo,” she conceded. “But also, I was really stretching myself, I was swimming 1,500 at the Olympics for the first time, while also swimming the 200 free. The events were even on the same day, which is something I don’t think anyone else was doing. It was a challenge I had set my mind to for many years, something I wanted to take on. I don’t regret taking that on.”
The fifth-place finish was certainly an anomaly in Ledecky’s stellar career.
Over three Olympic appearances, she has claimed seven gold medals and three silvers. At the biennial world championships, Ledecky has piled up a staggering 19 gold medals along with three silvers.
She has every intention of going faster.
Ledecky is focused squarely on the 2024 Paris Games, where she’ll likely compete in at least four events. She even is glimpsing ahead to her home-country Olympics at Los Angeles in 2028.
She’ll be 31 by then but sees no reason why she can’t stay on top.
“I’m always setting new goals for myself,” Ledecky said. “I enjoy the process more and more every year. What it takes to stay at this level. What it takes to continue to have your eyes set on something that’s a couple of years away.”
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Paul Newberry is a national sports writer for The Associated Press. Write to him at pnewberry(at)ap.org
___
AP sports: https://apnews.com/hub/sports and https://twitter.com/AP_Sports | https://localnews8.com/sports/ap-national-sports/2022/12/28/katie-ledecky-earns-ap-female-athlete-of-year-for-2nd-time-2/ | 2022-12-28 18:57:35 | 1 | https://localnews8.com/sports/ap-national-sports/2022/12/28/katie-ledecky-earns-ap-female-athlete-of-year-for-2nd-time-2/ |
Dylan Mulvaney says Bud Light’s backlash response was ‘worse than not hiring a trans person at all’
By Clare Duffy, CNN
New York (CNN) — Dylan Mulvaney on Thursday broke her silence about the fallout that occurred after the trans influencer made two Instagram posts sponsored by Bud Light earlier this year.
Bud Light’s sponsorship of an April 1 Instagram post by Mulvaney set off a firestorm of anti-trans backlash and calls for a boycott. Mulvaney herself also faced a wave of hate and violent threats.
Now, in a video posted to Instagram Thursday, Mulvaney is calling on Bud Light and other companies not only to work with trans and other queer influencers, but to support them through the process, even as trans rights are under fire across the country and corporations face anti-LGBTQ+ campaigns.
Mulvaney said she has “been scared to leave my house, and I have been ridiculed in public, I have been followed,” and she criticized Bud Light for not standing by her and the partnership. She said the company never reached out to her in the wake of the backlash.
“For a company to hire a trans person and then not publicly stand by them is worse in my opinion than not hiring a trans person at all because it gives customers permission to be as transphobic and hateful as they want,” Mulvaney said. “And the hate doesn’t end with me, it has serious and grave consequences for the rest of our community.”
When the backlash ignited in April, Bud Light first responded with a straightforward explanation of its relationship with social media influencers like Mulvaney. But later it released a vague statement from the CEO that failed to offer support for Mulvaney or the trans community. Bud Light sales dropped in the ensuing weeks, the company lost its top rating from a major LGBTQ+ nonprofit and it placed two marketing executives on leave.
The controversy over the sponsored posts came as trans rights are under attack. Over 400 anti-LGBTQ+ bills were introduced in state legislatures this year through April 3, according to American Civil Liberties Union, including ones restricting access to gender-affirming care for trans youth. Generally, transgender people are more than four times as likely to be victims of violent crime than cisgender people, according to a study from the UCLA School of Law.
The Bud Light backlash also coincided with anti-LGBTQ+ campaigns against other big brands, including Target.
Mulvaney’s statement followed a Wednesday appearance by Brendan Whitworth, CEO of Bud Light owner Anheuser-Busch, on CBS Mornings, in which he repeated the company’s recent statements about wanting to “focus on what we do best, which is brewing great beer for everyone,” and did not directly answer a question about whether the campaign was a mistake.
“I think the conversation surrounding Bud Light has moved away from beer, and the conversation has become divisive, and Bud Light really does not belong there, Bud Light should be about bringing people together,” Whitworth said.
In her video, Mulvaney appeared to address that sentiment, saying, “supporting trans people, it shouldn’t be political.”
“There should be nothing controversial or divisive about working with us, and I know it’s possible because I’ve worked with some fantastic companies who care,” Mulvaney said. “But caring about the LGBTQ+ community requires a lot more than just a donation somewhere during Pride month.”
She added: “We’re customers, too, I know a lot of trans and queer people who love beer.”
In a statement responding to Mulvaney’s video, an Anheuser-Busch spokesperson told CNN on Thursday that, “we remain committed to the programs and partnerships we have forged over decades with organizations across a number of communities, including those in the LGBTQ+ community. The privacy and safety of our employees and our partners is always our top priority. As we move forward, we will focus on what we do best — brewing great beer for everyone and earning our place in moments that matter to our consumers.”
–CNN’s Danielle Wiener-Bronner contributed to this report.
The-CNN-Wire
™ & © 2023 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2023/06/29/dylan-mulvaney-says-bud-lights-backlash-response-was-worse-than-not-hiring-a-trans-person-at-all/ | 2023-06-30 03:36:50 | 0 | https://localnews8.com/money/cnn-business-consumer/2023/06/29/dylan-mulvaney-says-bud-lights-backlash-response-was-worse-than-not-hiring-a-trans-person-at-all/ |
Woman turns stop at grocery store into $1M lottery check
PORT CHARLOTTE, Fla. (Gray News) - A Florida woman could check a lot more off her grocery list thanks to purchasing a lucky lottery ticket.
According to the Florida Lottery, Karen Dowling, 62, won a $1 million jackpot while playing the 500X THE CASH scratch-off game earlier this month.
Lottery officials said she purchased her ticket from a Publix grocery store on Peachland Boulevard in the Port Charlotte area.
Officials said that Dowling claimed her million-dollar prize at lottery headquarters and chose to receive her winnings as a one-time, lump-sum payment of $820,000.
According to the Florida lottery, the $50 scratch-off game features a top prize of $25 million with the overall odds of winning a prize at 1-in-4.5.
The retailer where Dowling purchased her winning ticket will also receive a $2,000 bonus commission, according to officials.
Copyright 2023 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2023/01/21/woman-turns-stop-grocery-store-into-1m-lottery-check/ | 2023-01-21 19:08:58 | 0 | https://www.kxii.com/2023/01/21/woman-turns-stop-grocery-store-into-1m-lottery-check/ |
–"The Breakthrough Chronicles" highlights the inspiring stories of CHOP patients and families –
PHILADELPHIA, April 3, 2023 /PRNewswire/ -- When patients and families walk through the doors of Children's Hospital of Philadelphia (CHOP), they may not realize that their story could lead to future breakthroughs for other families. In "The Breakthrough Chronicles," the latest five-episode series of the popular podcast Breaking Through with Madeline Bell, CHOP President and CEO Madeline Bell speaks with CHOP patients and their families about their inspiring stories – and about how the breakthroughs CHOP teams are making today will help children in the future.
From children who received life-changing gene therapy treatments and heart transplants to a family who navigated a medical mystery, the series gives listeners a glimpse into what makes CHOP so special.
"Emily's Story: Celebrating 10 Years Cancer Free"
Emily was just 6 years old when she received CAR T-cell immunotherapy for relapsed leukemia at Children's Hospital of Philadelphia. Emily was the very first child to receive this groundbreaking treatment – and in 2022, she celebrated 10 years cancer free. In this episode of "The Breakthrough Chronicles," Emily and her father, Tom, speak with Madeline about what it's like to be part of a medical breakthrough – and share what Emily's life is like today.
"Hannah's Story: Moving Beyond Blindness"
When Hannah was a baby, she was diagnosed with a rare eye disease that usually leaves patients completely blind. But Hannah's story turned out differently thanks to an incredible gene therapy developed at Children's Hospital of Philadelphia and Penn Medicine. In this episode of "The Breakthrough Chronicles," 11-year-old Hannah and her mom, Amy, share their family's inspiring story with Madeline – and talk about the impact this breakthrough treatment made on Hannah.
"Kareem's Story: Advocating for Trauma-Informed Care"
While growing up in West Philadelphia, Kareem saw firsthand the devastating impact trauma and violence can have on children. In this episode of "The Breakthrough Chronicles," he and Madeline discuss the sport that changed his life – and the role that hospitals like Children's Hospital of Philadelphia have to play in helping children cope.
"Tenlee's Story: Thriving After a Heart Transplant"
Tenlee was born with a rare heart condition and had a heart transplant at Children's Hospital of Philadelphia when she was only 5 months old. Although she is doing well today, her journey has been very challenging. In this episode of "The Breakthrough Chronicles," Tenlee's parents, Jami and Nick, speak with Madeline about the challenges Tenlee has overcome and share their family's experience at CHOP.
"Elijah's Story: Navigating a Medical Mystery"
From the time Elijah was a baby, he had many painful symptoms – and no one could determine what was wrong. But when Elijah was a toddler, his family finally found answers at Children's Hospital of Philadelphia. In this episode of "The Breakthrough Chronicles," 12-year-old Elijah and his parents talk to Madeline about how teams at CHOP transformed his health – and his life.
"The Breakthrough Chronicles" is the latest season of Madeline Bell's podcast, Breaking Through, which takes listeners on the inspirational and fascinating journeys of past and present CHOP patients, employees and partners. Since Breaking Through's release in 2018, it has featured a range of experts, including Stephan Grupp, MD, PhD, the oncologist who pioneered CAR T-cell immunotherapy for cancer at CHOP, Holly Hedrick, MD, a surgeon who has separated several sets of conjoined twins at CHOP, and Sue Furth, MD, PhD, CHOP's first female Chief Scientific Officer. Each of the 38 episodes explores the visionary innovation that is driving cutting-edge clinical care at CHOP – and the role philanthropy plays in this important work.
About Children's Hospital of Philadelphia: A non-profit, charitable organization, Children's Hospital of Philadelphia was founded in 1855 as the nation's first pediatric hospital. Through its long-standing commitment to providing exceptional patient care, training new generations of pediatric healthcare professionals, and pioneering major research initiatives, the 595-bed hospital has fostered many discoveries that have benefited children worldwide. Its pediatric research program is among the largest in the country. The institution has a well-established history of providing advanced pediatric care close to home through its CHOP Care Network, which includes more than 50 primary care practices, specialty care and surgical centers, urgent care centers, and community hospital alliances throughout Pennsylvania and New Jersey, as well as a new inpatient hospital with a dedicated pediatric emergency department in King of Prussia. In addition, its unique family-centered care and public service programs have brought Children's Hospital of Philadelphia recognition as a leading advocate for children and adolescents. For more information, visit http://www.chop.edu.
Contact: Natalie Solimeo
Children's Hospital of Philadelphia
Phone: 856-261-8090
Email: solimeon@chop.edu
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MILFORD, Conn., Feb. 14, 2023 /PRNewswire/ -- Subway®, one of the world's largest restaurant brands, announced today that its shareholders are exploring a possible sale of the company. There is no indication of timing or assurance that a sale will occur. J.P. Morgan is advising the company and will conduct the sale exploration process. The company does not intend to make any further public comment regarding the process until it has been completed.
The management team remains committed to the future and will continue to execute against its multi-year transformation journey, which includes a focus on menu innovation, modernization of restaurants and improvements to its overall guest experience. The company recently announced another record-setting year, ending 2022 exceeding global sales projections and achieving eight consecutive quarters of positive same-store sales growth.
About Subway® Restaurants
As one of the world's largest quick service restaurant brands, Subway serves freshly made-to-order sandwiches, wraps, salads and bowls to millions of guests, across more than 100 countries in nearly 37,000 restaurants every day. Subway restaurants are owned and operated by Subway franchisees – a network that includes thousands of dedicated entrepreneurs and small business owners – who are committed to delivering the best guest experience possible in their local communities.
Subway® is a Registered Trademark of Subway IP LLC. © 2023 Subway IP LLC
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SANTA ROSA, Calif., May 18, 2022 /PRNewswire/ -- New research supported by the Institute of OM Foundation (IOMF), based in Santa Rosa, CA, documents the profoundly positive effect of Orgasmic Meditation, commonly known as "OM," for many looking to achieve the overall benefits of meditative practice, according to IOMF-backed researchers.
This research indicates that the routine practice of OM demonstrates great potential as an innovative and scientifically backed meditative exercise to help practitioners attain new levels of focus, attention, oneness, and relaxation.
Long-term practitioners of OM have known of the multiple health and stress reduction benefits provided by the practice for decades.
Now, using an online survey defined by qualitative, open-ended questions that was distributed and responded to by various levels of OM practitioners across the world, researchers have revealed through their published report that the practice of OM is more analogous to meditation than sex. In fact, more than 80 percent of the study's participants noted in their survey responses that they saw OM as very similar to actual meditation, and did not see or experience direct correlations to the experiences of sex and / or fondling.
The online survey consisted of 30 wide-ranging questions. Researchers quantified what most practitioners already reported experientially at the beginning of their OM experience, as well as during an OM session, and as they continued to expand and routinize their own OM habits and practice.
Casting a wide net of survey invitations, the researchers captured varying practice frequencies and history, ensuring their statistically significant findings were replicable and verifiable. More than 200 fully completed surveys were collected and assessed by the researchers.
The comprehensive study, titled "Is Orgasmic Meditation a Form of Sex? Practitioners of Orgasmic Meditation View the Practice as Significantly More Similar to Meditation Than to Sex or Fondling," is published via the open access Journal F1000:
Its findings are sparking new interest in OM's potential application as a regular or routine meditative practice that may allow meditators to rapidly reach active "theta states," a highly coveted brain state practiced and promoted by Tibetan Buddhists.
Ongoing research is now underway to confirm current findings, and in order to more deeply understand how similar OM is to other, more widely propagated meditative practices. The research is in-progress at Thomas Jefferson University, the University of Pittsburgh, and other prestigious academic institutions.
One such study, by Dr. Andrew Newberg, a neuroscientist with Thomas Jefferson University, analyzed brain activity during an active OM session. Newberg found that brain regions associated with meditative states are activated during an in-progress OM session, and that the observed brain activity aligned with the spiritual experiences the practitioners reported at the end of the session.
"As previous studies have shown, sociocultural and historical context play a large role in what constitutes sex. In the wake of current public controversy over sex and consent, a practice whose practitioners report benefits in relationships, friendships, health, professional life, and spiritual life, and has teachings around sexuality and consent, and yet is rated as clearly distinct from sex, has clear benefits and a role in the broader conversation of health, wellness, and positive sexuality," said Vivian Siegel, Ph.D., in the text of the published study.
Emphasizing safety and consent at each regimented step of the OM process, an OM session is a structured practice that lasts a total of 15 minutes. During the session, one partner manually stimulates the clitoris of the receiving partner. The only goal is to feel sensation, not necessarily to climax, and meditative benefits are experienced by both session partners.
The Institute of OM Foundation is a 501c3 dedicated to studying the practice of OM and further understanding its health benefits.
FOR MORE INFORMATION, PLEASE CONTACT:
Allyson Gonzalez, Institute of OM Foundation
Email: Allyson@iomfoundation.org
Phone: 1.888.604.6636
Website: https://iomfoundation.org
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Global Transformation of Sheraton Hotels & Resorts Gains Momentum Throughout Greater China
Published: Dec. 29, 2022 at 8:33 AM EST|Updated: 16 minutes ago
From Xi'an to Nanjing, new and reimagined properties join the iconic brand's reinvention journey
BETHESDA, Md., Dec. 29, 2022/PRNewswire/ -- With 2022 coming to a close, the transformation of Sheraton Hotels & Resorts – the most global brand within Marriott Bonvoy's® portfolio of 30 extraordinary hotel brands – continues to build momentum across the globe, with Greater China now featuring eight properties exemplifying the modernized design concept, including the soon-to-open Sheraton Xi'an Chanba. These hotels join the growing number of properties around the world displaying the brand's design transformation, totaling more than 30 properties by the end of the year.
"Following the transformation of four incredible hotels across Greater China, we're excited to welcome these four additional hotels in the region entering a new chapter showcasing the brand's new vision," said Amanda Nichols, Global Brand Leader, Sheraton Hotels & Resorts. "As Sheraton continues to inspire new journeys into the new year, we look forward to welcoming guests to enjoy all the familiar comforts of the brand, but with fresh, contemporary updates along with new, exciting guest-programming experiences."
The new approach draws on the brand's roots as a community hub with places to connect and be productive. The design balances timelessness with a fresh and modern feel, creating an environment where guests feel comfortable and at ease whether working, meeting, or relaxing. Built with its global, productivity-focused guest in mind, Sheraton's new elevated food and beverage philosophy and seamless technology integration are additional focal points of the brand's transformation.
With proximity to many places of interest in Xi'an, Sheraton Xi'an Chanba offers 228 residential-style guest rooms and suites with serene, bright spaces and captivating views over the city.
The soon-to-open new hotel takes its design cues from the city's history and culture, especially that of the Tang Dynasty. The lobby art installation made of metal, ceramics, and resin glass were inspired by lamps lit in celebration of the local Lantern Festival. A host of public spaces and amenities have been created, including the brand's signature Community Table. The hotel offers elevated food and beverage experiences with a bar and three restaurants. Part bar, part coffee bar, part market, &More by Sheraton transitions guests seamlessly from day to night with food & beverage options that are locally sourced, easy to enjoy while working, and customizable to accommodate all tastes and time schedules. Through collaboration with Laihui Coffee, it also creates unique coffee drinks inspired by local ingredients, including chestnuts from Qinling.
Sheraton Club, an exclusive space for Marriott Bonvoy Elite members and Club-level guests, features a circular-shaped Oval Bar and is an ideal place for guests to enjoy a cup of coffee in the morning or cocktails in the evening over mesmerizing skyline views.
Located at the heart of Xi'an Software New City in Xi'an Hi-tech Industries Development Zone, Sheraton Xi'an South offers proximity to many Fortune 500 enterprises and is set to be the new hub for locals and travelers to connect and collaborate.
The hotel offers 321 modern guest rooms and suites that feature bright, well-lit spaces with warm, residential appeal comprised of soft finishes and light wood tones accentuated with black metal accents. With Xi'an Talent Park nearby, guests staying on the north side of the hotel enjoy beautiful garden views from their room. All guest rooms are equipped with new and modern amenities that foster productivity, including height-adjustable working table, integrated power and charging, and layered lighting.
The property offers an elevated food and beverage experience with local, gourmet-market themed Daily Social, Chinese poetry-inspired YUE, and the curated, intimate bar, Unspoken. The brand's reimagined look is also incorporated in the lobby, which is designed with a flow that is natural, intuitive, and uncomplicated. Additional facilities include a Grand Ballroom, five meeting rooms, and the Sheraton Fitness.
Sitting on a 575-mile coastline in Xiangshan, Sheraton Ningbo Xiangshan Resort lays claim to some of the area's most beautiful settings. The property is the first resort in the Asia Pacific region to bring Sheraton's design transformation to life. The ingenious interior design incorporates elements that denote the distinctive rock formations in the area and the local fishing heritage. In the lobby, the design pays homage to Xiangshan's culture by utilizing black and white colors to form a dramatic visual contrast, showcasing the aesthetics of fishing nets and wood carvings that are unique to the area. The resort offers 270 spacious and modern guest rooms and suites, most of which boast views of the sea or mountains through large floor-to-ceiling windows, with selected guest rooms featuring a large outdoor balcony.
Sheraton Ningbo Xiangshan Resort offers two elevated dining outlets – Daily Social and YUE – and a sophisticated dessert house Sweet Box, providing guests with an eclectic choice of flavors.
Sheraton Nanjing Kingsley Hotel & Towers commands a prime location in Nanjing's financial and commercial center – the Xinjiekou business zone. The renovation was well-thought to combine the hotel's over 20 years of history into a design that matches the lifestyle of today's travelers, with elements that reinterpret local cultures and arts, such as the staircase handrails and screens that create a modern rendition of the local Jinling Folding Fans. Equipped with the brand's signature Community Table and tech-enabled Studios, the expansive lobby has been repositioned as an open, shared space, aiming to promote social interaction and collaboration. It is also a reflection of Sheraton's commitment to creating places where guests from around the world can come together. It welcomes guests to 70 newly renovated guest rooms and suites as part of the first phase of guest rooms refresh. Additional facilities include the all-day dining restaurant Daily Social, YUE Chinese restaurant, Danny's Irish Restaurant & Pub, the Sheraton Towers Lounge, and &More by Sheraton, where guests can enjoy a cup of Julius Meinl, Austria's national treasure coffee originated from 1862.
These four properties join Sheraton Guangzhou Hotel, Sheraton Mianyang, Sheraton Zhaoqing Dinghu, and Sheraton Chengdu Pidu as transformed Sheraton branded properties in Greater China. Sheraton plans to continue its transformation journey in the region with the brand expecting additional hotels to showcase the new modernized look next year with the openings of Sheraton Beihai Resort and Sheraton Lanzhou Anning.
Note on Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of United States federal securities laws, including statements related to expected hotel additions and renovations; and similar statements concerning anticipated future events and expectations that are not historical facts. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including the risk factors that we identify in our U.S. Securities and Exchange Commission filings, including our most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release. We make these forward-looking statements as of the date of this press release and undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
About Sheraton® Hotels & Resorts Sheraton Hotels & Resorts makes it easy for guests to feel welcome at over 435 hotels and resorts in nearly 75 countries and territories around the world. As the most global brand within Marriott Bonvoy's portfolio of extraordinary hotel brands sitting at the center of hundreds of communities around the world, Sheraton has a rich heritage in creating a sense of belonging for guests, wherever they are in the world. Sheraton is currently undergoing a major brand transformation, creating a signature community experience for the next generation of travelers and locals alike at properties across the globe. The new vision for Sheraton features intuitive design, tech-forward experiences, and upgrades to everything from public space and F&B to flexible meeting space. For more information, please visit www.sheraton.com, and stay connected on Facebook, and @sheratonhotels on Twitter and Instagram. Sheraton is proud to participate in Marriott Bonvoy®, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments™, and unparalleled benefits, including free nights and Elite status recognition. To enroll for free or for more information about the program, visit www.marriottbonvoy.com.
About Marriott Bonvoy® Marriott Bonvoy's extraordinary portfolio offers renowned hospitality in the most memorable destinations in the world, with 30 brands that are tailored to every type of journey. Members can earn points for stays at hotels and resorts, including all-inclusive resorts and premium home rentals, and through everyday purchases with co-branded credit cards. Members can redeem their points for experiences including future stays, Marriott Bonvoy Moments™, or through partners for luxurious products from Marriott Bonvoy Boutiques®. To enroll for free or for more information about Marriott Bonvoy, visit www.marriottbonvoy.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.mysuncoast.com/prnewswire/2022/12/29/global-transformation-sheraton-hotels-amp-resorts-gains-momentum-throughout-greater-china/ | 2022-12-29 13:50:54 | 1 | https://www.mysuncoast.com/prnewswire/2022/12/29/global-transformation-sheraton-hotels-amp-resorts-gains-momentum-throughout-greater-china/ |
NEW YORK, Oct. 14, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Azure Power Global Limited (NYSE: AZRE).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/azure-power-global-limited-loss-submission-form/?id=32606&from=4
The lawsuit seeks to recover losses for shareholders who purchased Azure between June 15, 2021 and August 26, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until October 31, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Azure Power Global Limited issued materially false and/or misleading statements and/or failed to disclose that: (1) there were procedural irregularities, including deviations from safety and quality standards, at one of Azure's plants; (2) certain project data was manipulated; (3) as a result of the foregoing, the Company's internal controls and procedures were not effective; (4) Azure had received a credible whistleblower report alleging such misconduct; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/10/14/azre-shareholder-alert-jakubowitz-law-reminds-azure-shareholders-lead-plaintiff-deadline-october-31-2022/ | 2022-10-14 10:31:11 | 1 | https://www.mysuncoast.com/prnewswire/2022/10/14/azre-shareholder-alert-jakubowitz-law-reminds-azure-shareholders-lead-plaintiff-deadline-october-31-2022/ |
NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Molecular Partners AG ("Molecular Partners" or the "Company") (NASDAQ: MOLN) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Molecular Partners investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of a class consisting of persons and entities that purchased or otherwise acquired: (a) Molecular Partners American Depositary Shares pursuant and/or traceable to certain documents issued in connection with the Company's initial public offering conducted on or about June 16, 2021; and/or (b) Molecular Partners securities between June 16, 2021, and April 26, 2022. Follow the link below to get more information and be contacted by a member of our team:
MOLN investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) the Company's product, ensovibep, was less effective at treating COVID-19 than defendants had led investors to believe; that (ii) accordingly, the the U.S. Food and Drug Administration ("FDA") was reasonably likely to require an additional Phase 3 study of ensovibep before granting the drug Emergency Use Authorization ("EUA"); (iii) waning global rates of COVID-19 significantly reduced the Company's chances of securing EUA for ensovibep; (iv) another of the Company's product candidates, MP0310, was less attractive to Molecular Partners' collaborator, Amgen, than defendants had led investors to believe; (v) accordingly, there was a significant likelihood that Amgen would return to global rights of MP0310 to Molecular Partners; (vi) as a result of all the foregoing, the clinical and commercial prospects of ensovibep and MP0310 were overstated; and (vii) as a result, documents issues in connection with the Company's initial public offer and defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.
WHAT'S NEXT? If you suffered a loss in Molecular Partners during the relevant time frame, you have until September 12, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.kxii.com/prnewswire/2022/08/04/moln-lawsuit-alert-levi-amp-korsinsky-notifies-molecular-partners-ag-investors-class-action-lawsuit-upcoming-deadline/ | 2022-08-04 11:07:21 | 0 | https://www.kxii.com/prnewswire/2022/08/04/moln-lawsuit-alert-levi-amp-korsinsky-notifies-molecular-partners-ag-investors-class-action-lawsuit-upcoming-deadline/ |
Musicians, venues hope for meaningful change with help of Sacramento Music Census
By Orko Manna
Click here for updates on this story
SACRAMENTO, California (KCRA) — The City of Sacramento launched the Sacramento Music Census this week with the goal of helping those in the local music scene.
The census, which was created in partnership with Austin, Texas-based music consultant Sound Music Cities, is open to fill out for anyone in the greater Sacramento area ages 18 and older who is involved in the music industry, including musicians and music venues.
The City of Sacramento’s creative economy manager Megan Van Voorhis said the results of the census will help identify improvements in policies relating to entertainment licensing, event permits and industry resources.
“A big part of this is us making sure that we have the beat on what’s going on in the creative community,” Van Voorhis said. “This can directly impact some of the investments we’re making with the American Rescue Plan Act dollars for the for-profit creative community, so this information can inform that and what we do strategically to help folks grow.”
Mason Durst, lead singer of the Sacramento-based musical act Band of Coyotes, told KCRA 3 that he just filled out the survey online.
After the COVID-19 pandemic put a pause on their performances, Durst said he is thrilled to get more opportunities to play now, but he added that the band is still running into roadblocks at some local venues.
“There are still a few venues that I know are having a harder time getting their licensing permit put together,” Durst said. “There are a few things that are preventing them from having as many live shows, so that’s definitely a struggle. But as a band it just kind of points me to look outside of town a little bit more to find some opportunities that are allowing us to come out and play.”
Durst said something he wants to see in the Sacramento region is more all-day music festivals so Band of Coyotes can perform locally on a frequent basis. He would like to see a “Do-It-Yourself” set up within the music industry with support for the city and also larger vendors.
Venues are also hoping the Sacramento Music Census helps them. Jim Cornett, Owner of Harlow’s, said they are seeing a 20% drop off on all their shows with tickets sold, which means not everyone is coming out to the performances. He also said certain musical acts have been canceling shows.
This year alone, Cornett said there have been more than 20 cancellations. He wants the census to lead to creative solutions that will help his bottom line and create a more vibrant music scene in Sacramento.
“I hope the city sees the clear picture of what this town is and what it can be, and how they can support us through that,” Cornett said. “If they see what comes out of this census, they’ll have a better chance to help us grow and help the smaller venues get up to where they need to be.”
Crest Theatre assistant general manager Aaron Pifer-Foote said he hopes the city takes the Sacramento Music Census seriously, and he wants it to address his main concerns, which include more patron parking and space for bands to load and unload their equipment.
“After the paper is filled out, where do we go from here? Is there actually some substantive change that’s going to happen? Or is just going to be shoved in a drawer somewhere?” Pifer-Foote said.
According to the City of Sacramento, the census takes about 10-20 minutes to fill out. Respondents will remain anonymous. You can take the survey online.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/news/2022/10/13/musicians-venues-hope-for-meaningful-change-with-help-of-sacramento-music-census/ | 2022-10-13 20:57:54 | 0 | https://localnews8.com/news/2022/10/13/musicians-venues-hope-for-meaningful-change-with-help-of-sacramento-music-census/ |
Programs open to help Kansas families, students pay for phone, internet
TOPEKA, Kan. (WIBW) - Two new programs have opened to help Kansas families and students pay for phone and internet services this school year.
The Kansas Corporation Commission says the start of a new school year is an expensive time for families. If families are struggling to pay for phone and internet services while also navigating back-to-school costs, it said help is available.
During Lifeline Awareness Week, the KCC said it encourages residents in need of assistance to apply for Lifeline and the Affordable Connectivity Plan. It said both programs help low-income families stay connected so they may access healthcare, attend classes, keep up with homework, find jobs and call for help in an emergency.
The Commission indicated that those who qualify for Lifeline are automatically eligible to participate in both programs. Due to higher income maximums, it said ACP also has the potential to help families with internet costs that may not qualify for other types of help.
For example, the KCC said the maximum income for a family of four on the ACP program is $55,500 per year. Meanwhile, the maximum annual income for a family of four on the Lifeline program is $37,463.
KCC noted that Lifeline provides federal and state discounts of up to $17.02 per month on phone service and broadband. It said the ACP provides a service discount of up to $30 per month for broadband service and a one-time discount of up to $100 for a laptop, desktop computer or tablet purchased through a participating provider.
The KCC said both programs offer additional discounts for subscribers who live on tribal lands.
According to the Commission, eligibility is based on income - at or below 135% of the Federal Poverty Guidelines for Lifeline or at or below 200% for ACP - or participation in certain assistance programs including the following:
- Supplemental Nutrition Assistance Program (SNAP)
- Medicaid, Supplemental Security Income (SSI)
- Federal Public Housing Assistance (FHPA)
- Veterans Pension & Survivors Pension Benefit
- Bureau of Indian Affairs General Assistance
- Tribally Administered Temporary Assistance for Needy Families
- Head Start Tribal Programs (income based)
- The Food Distribution Program on Tribal Lands
Regardless of Lifeline eligibility, the KCC said Kansans could still qualify for ACP if they meet any of the following criteria:
- Are approved to receive benefits under the free and reduced-price school lunch program or the school breakfast program, including the USDA Community Eligibility Provision.
- Received a Federal Pell Grant during the current award year.
- Experienced a substantial loss of income due to job loss or furlough since February 29, 2020.
- Meet the eligibility requirement for a participating broadband provider’s existing low-income program.
For more information on income eligibility, participating providers or the enrollment process, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/12/programs-open-help-kansas-families-students-pay-phone-internet/ | 2022-09-12 20:16:39 | 0 | https://www.wibw.com/2022/09/12/programs-open-help-kansas-families-students-pay-phone-internet/ |
USPS Embraces America's Furry Friends With New Love Forever Stamps
Published: Dec. 19, 2022 at 1:00 PM EST|Updated: 2 hours ago
AUSTIN, Texas, Dec. 19, 2022 /PRNewswire/ --
Customers may purchase stamps and other philatelic products through the Postal Store at usps.com/shopstamps, by calling 844-737-7826, by mail through USA Philatelic or at Post Office locations nationwide.
The United States Postal Service is an independent federal establishment, mandated to be self-financing and to serve every American community through the affordable, reliable and secure delivery of mail and packages to more than 163 million addresses six and often seven days a week. Overseen by a bipartisan Board of Governors, the Postal Service is implementing a 10-year transformation plan, Delivering for America, to modernize the postal network, restore long-term financial sustainability, dramatically improve service across all mail and shipping categories, and maintain the organization as one of America's most valued and trusted brands.
The Postal Service generally receives no tax dollars for operating expenses and relies on the sale of postage, products and services to fund its operations.
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.mysuncoast.com/prnewswire/2022/12/19/usps-embraces-americas-furry-friends-with-new-love-forever-stamps/ | 2022-12-19 19:49:11 | 1 | https://www.mysuncoast.com/prnewswire/2022/12/19/usps-embraces-americas-furry-friends-with-new-love-forever-stamps/ |
Danielle Collins 2023 Citi Open Odds
Danielle Collins will begin the Citi Open in Washington, District of Columbia versus Liudmila Samsonova in the round of 32. She was knocked off by Belinda Bencic in the round of 64 of the Wimbledon (her most recent tournament). Collins has +2800 odds to win this tournament at Rock Creek Park Tennis Center.
Find all the latest odds for the 2023 Citi Open and place your bets with a new user bonus from BetMGM.
Collins at the 2023 Citi Open
- Next Round: Round of 32
- Tournament Dates: July 28 - August 7
- Venue: Rock Creek Park Tennis Center
- Location: Washington, District of Columbia
- Court Surface: Hard
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Collins' Next Match
In her opening match at the Citi Open, on Monday, July 31 (at 12:00 PM ET) in the round of 32, Collins will face Samsonova.
Collins has current moneyline odds of +100 to win her next contest against Samsonova. Check out the latest odds for the entire field at BetMGM.
Want to bet on Collins? Head to BetMGM using our link for a bonus bet special offer for new players!
Collins Stats
- Collins is coming off a loss in the Round of 64 at the Wimbledon, at the hands of No. 14-ranked Bencic, 6-3, 4-6, 6-7.
- Collins has not won any of her 14 tournaments over the past 12 months, with an overall record of 18-14.
- Collins has a match record of 17-11 on hard courts over the last 12 months.
- Through 32 matches over the past 12 months (across all court types), Collins has played 23.5 games per match. She won 51.8% of them.
- In her 28 matches on hard courts over the past year, Collins has played 23.3 games per match.
- Collins, over the past 12 months, has won 71.0% of her service games and 32.6% of her return games.
- Collins has claimed 71.2% of her service games on hard courts and 34.3% of her return games over the past 12 months.
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© 2023 Data Skrive. All rights reserved. | https://www.mysuncoast.com/sports/betting/2023/07/28/danielle-collins-citi-open-betting-odds/ | 2023-07-31 04:17:39 | 0 | https://www.mysuncoast.com/sports/betting/2023/07/28/danielle-collins-citi-open-betting-odds/ |
NEW YORK, June 27, 2022 /PRNewswire/ -- The AllianceBernstein Closed-End Funds declared the following distributions today:
The Funds are managed by AllianceBernstein L.P.
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SOURCE AllianceBernstein Closed-End Funds
NEW YORK, June 27, 2022 /PRNewswire/ -- The AllianceBernstein Closed-End Funds declared the following distributions today:
The Funds are managed by AllianceBernstein L.P.
View original content:
SOURCE AllianceBernstein Closed-End Funds
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.mysuncoast.com/prnewswire/2022/06/27/alliancebernstein-closed-end-funds-announce-distribution-rates/ | 2022-06-27 20:42:59 | 0 | https://www.mysuncoast.com/prnewswire/2022/06/27/alliancebernstein-closed-end-funds-announce-distribution-rates/ |
- Emma grew its revenues by 35% year-on-year and increased profits
- 2022 was Emma's fifth consecutive year of profitability
- Expansion highlights for 2023 include the launch of Emma's first European store
FRANKFURT, Germany, Jan. 26, 2023 /PRNewswire/ -- Emma — The Sleep Company, the world's largest D2C sleep brand, ended 2022 with record revenues of US$948 million (€873 million) and a year-on-year revenue growth rate of 35%. In doing so, the sleep company exceeded its own full-year revenue target of US$ 869 million (€800 million) in what was a turbulent year for the global economy. While competitors entered administration due to the challenging economic environment, Emma increased its profits during 2022 – its fifth consecutive year of profitability.
A global growth story for the world's leading D2C sleep brand
Since launching in Germany in 2015, Emma — The Sleep Company has enjoyed consecutive years of growth and is now active in more than 30 markets around the world. The world's leading D2C sleep brand's growth story in 2022 was truly global in nature: Emma's fastest growing markets were all located outside of Europe. In Asia-Pacific, Australia grew its revenues by 103% in 2022 compared to 2021. In North America, the strongest performer was Mexico, where Emma grew its revenues by 117% year-on-year. In South America, Brazil recorded a 62% increase in revenues in 2022 compared to 2021. In Europe, the Italian market grew its revenues by 80% year-on-year.
After a stellar 2022, Emma will continue its growth story in 2023
As part of its global expansion strategy, Emma – The Sleep Company started building a dedicated team for the Polish and Danish markets in 2022. Looking ahead, the world's leading D2C sleep brand will continue to increase its market share and diversify its offering in existing markets. Emma will open its first European store this February in the Mall of the Netherlands, close to The Hague. To underpin its global growth strategy, the company has ambitious hiring plans for its international hubs located in Lisbon, Manila, and Mexico City.
Challenging economic atmosphere did not stop Emma's sleep revolution
"2022 was a tremendous year for Emma. In the face of strong economic headwinds, we bucked the trend, continued our remarkable growth story, and exceeded our own revenue targets, while increasing profitability," said Dr. Dennis Schmoltzi, CEO and Co-Founder of Emma — The Sleep Company. "From Australia to Mexico, our triple-digit growth outside of Europe shows how we're building a truly global sleep brand. We'll continue our mission to awaken people's best with better sleep in 2023 through further growth and hiring to support that."
"In a year when many competitors struggled, we continued to innovate, grow, and win awards," said Manuel Müller, CEO & Co-Founder of Emma — The Sleep Company. "As a sleep tech company, innovation plays a central role in our daily business, and the superior nature of our product portfolio was once again recognized in 2022. We won awards in Italy, Spain, Brazil, Germany, Belgium, and the UK, taking our total haul to more than 80. We will continue our success story into 2023 and beyond by expanding and improving our portfolio of sleep products, as we strive to make a positive impact on people's lives through better sleep."
*Value calculated with exchange rates as of 25th January 2023.
About Emma – The Sleep Company:
Emma – The Sleep Company is a founder-managed company and the world's leading Direct-to-consumer sleep brand. Founded in 2013 by Dr. Dennis Schmoltzi and Manuel Mueller in Germany, the company is active in more than 30 countries and achieved a turnover of EUR 873 million in 2022, a growth rate of 35 per cent from the previous year. Emma® products are sold via an omnichannel approach, including D2C/online, marketplaces and more than 3,500 brick-and-mortar stores. Emma successfully collaborates with over 200 retailers. Emma's 1,000+ team members are working across the world, with offices in Frankfurt (Germany), Manila (Philippines), Lisbon (Portugal), Mexico City (Mexico), and Shanghai (China).
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SOURCE Emma - The Sleep Company | https://www.kxii.com/prnewswire/2023/01/26/emma-sleep-company-continued-its-extraordinary-growth-story-2022-with-us948-million-873-million-revenue/ | 2023-01-26 20:35:26 | 1 | https://www.kxii.com/prnewswire/2023/01/26/emma-sleep-company-continued-its-extraordinary-growth-story-2022-with-us948-million-873-million-revenue/ |
Tractor Bob’s takes over Gainesville outlet mall
GAINESVILLE, Texas (KXII) - “We’re excited to be a part of the community. We want to employ lots of people, we want to create lots of entrepreneurs in the Gainesville area,” Tractor Bob’s owner, Neal Snow said.
This is Tractor Bob’s, the company revamping the once empty Gainesville outlet mall.
Gainesville city manager, Barry Sullivan says the venture will create up to 300 jobs by the end of 2030.
“On top of that, the developer will have to increase the value by $17 million for the property to receive the tax abatement. So that hand in hand, we’re going to have higher property value up there, which helps to alleviate some of the tax burden on our other taxpayers,” Sullivan explained.
Snow said the company is meant to be a one stop shop for agricultural needs.
“People can come in and buy trailers, they can buy saddles, they can buy tac, there’ll be a variety of different stores where people will come from multiple states into Gainesville to do business,” Snow added.
Sullivan says, it’s really just a win- win for Gainesville residents.
“So, that’s bringing the outside money in as long with having a regional place for people to come shop and buy this equipment. Here at the city, we just hope we’re here to support him and help his business be a success. His prosperity means our prosperity,” Sullivan concluded.
Bringing an old famliar place to life during changing and growing times.
Copyright 2023 KXII. All rights reserved. | https://www.kxii.com/2023/03/27/tractor-bobs-moves-into-gainesville-outlet-mall/ | 2023-03-27 23:51:47 | 1 | https://www.kxii.com/2023/03/27/tractor-bobs-moves-into-gainesville-outlet-mall/ |
Partnership with Kolonne / Null will be the first of many NA brands to be introduced to the US Market by Boisson
NEW YORK, July 18, 2023 /PRNewswire/ -- Boisson, the largest national non-alcoholic beverage retailer, is today announcing its plan to expand their business model to begin importing new non-alcoholic brands from Europe and the UK and introducing them to the US market. Among the first brands to launch is the European category leader, Kolonne Null from Berlin, producer of more than a half dozen dealcoholized wines, including popular Rosés, Riesling, Verdejo, and Silvaner wines.
Boisson's unique business model, selling directly to consumers through an industry-leading online platform, in ten retail stores around the US, and to the beverage trade, helps consumers find the best-curated non-alcoholic products available in the US, both for home consumption and at the best bars and restaurants.
According to Boisson CEO Nick Bodkins, "wine continues to dominate as a category for us. Our retail and ecommerce consumers, and our bar and restaurant customers, continually ask us to find better, higher-quality wines from around the world. They want to know where their wines come from—their terroir. Kolonne Null have been an incredible advocate for the category, and for the vineyards around Germany and throughout Europe they work with to bring vibrant, fresh, delicious wines throughout the EU, and we could not be more excited to partner with them to introduce Kolonne Null's entire line here in the US.
Launched in 2021 in NYC by Co-Founders Nick Bodkins and Barrie Arnold, Boisson was born with the mission of providing non-alcoholic spirits to consumers in a welcoming, judgment-free zone that sparks curiosity. Since then, the company has rapidly expanded its retail footprint to six stories in NYC, two in Los Angeles and one in San Francisco. Additionally, the retailer has grown its e-commerce platform, raised $12M in a seed round and launched an on-premise business to offer elevated non-alcoholic options at restaurants and bars across the nation.
"The United States launch marks an exciting chapter for Kolonne Null because it is one of the world's most important markets for non-alcoholic wines where our premium versions cannot be missing. With Boisson as our trusted partner and distributor, we are confident to bring the captivating stories and unparalleled craftsmanship of Kolonne Null to a broader audience. This milestone is testament to our commitment to pushing boundaries in this exciting category." - Philipp Roessle, Founder of Kolonne Null.
Contact:
courtney@boisson.co
About Boisson
Boisson was born in the middle of the COVID-19 pandemic, at a time when many people were reconsidering their drinking habits. When friends Nick Bodkins and Barrie Arnold started experimenting with nonalcoholic options and discovered a world of amazing products, they set out to build a one-stop-shop with easily accessible options for consumers. Today, Boisson's offerings can be found at the brand's brick-and-mortar shops in NYC, Los Angeles and San Francisco and through its e-commerce platform on https://boisson.co.
About Kolonne / Null
Crafted with traditional expertise and pioneering innovation, Kolonne Null stands as the pinnacle of excellence in the world of non-alcoholic wines.
Founded in Berlin in 2018 the brand quickly became the leading non-alcoholic wine company, presenting a broad variety of wines and sparkling variations.
Rooted in a deep commitment to the craft of winemaking, the Kolonne Null wine laboratory and their winemakers work in close collaboration with family wineries all across Europe, aiming to bring the characteristics of each region, grape and vintage into the bottle, telling the story of each wine.
More information at www.kolonnenull.com.
Press contact Kolonne / Null:
nadine.bauer@kolonnenull.com
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SOURCE Boisson | https://www.mysuncoast.com/prnewswire/2023/07/18/boisson-begin-importing-new-brands-europe-uk/ | 2023-07-18 15:32:37 | 1 | https://www.mysuncoast.com/prnewswire/2023/07/18/boisson-begin-importing-new-brands-europe-uk/ |
ESPN’s College Gameday is heading to Allen Fieldhouse
Published: Feb. 11, 2023 at 10:58 AM CST|Updated: 27 minutes ago
LAWRENCE, Kan. (WIBW) - ESPN announced Saturday that their headline college basketball show College Gameday is headed to Allen Fieldhouse in Lawrence Saturday, Feb. 18 ahead of a Top 25 matchup between Kansas and Baylor.
This will be their 25th appearance at Allen Fieldhouse since the show began covering basketball in 2005.
The last time College Gameday arrived in Lawrence for basketball was in the 2021-22 season ahead of the Jayhawks basketball game vs. Kentucky. Kansas would lose at home 80-62.
The football version of the show was in Lawrence for the first time ever Oct. 8, 2022 for their matchup against TCU.
The show will begin at 10:00 a.m.
Copyright 2023 WIBW. All rights reserved. | https://www.wibw.com/2023/02/11/espns-college-gameday-is-heading-allen-fieldhouse/ | 2023-02-11 17:26:06 | 1 | https://www.wibw.com/2023/02/11/espns-college-gameday-is-heading-allen-fieldhouse/ |
2023 U.S. Open Betting Odds, Favorites & Insights – Round 4
After the third round at the 2023 U.S. Open, Wyndham Clark is currently atop the leaderboard (+275 to win).
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U.S. Open Fourth Round Information
- Start Time: 11:23 AM ET
- Venue: The Los Angeles Country Club
- Location: Los Angeles, California
- Par/Distance: Par 70/7,423 yards
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U.S. Open Best Odds to Win
Rory McIlroy
- Tee Time: 5:19 PM ET
- Current Rank: 3rd (-9)
- Odds to Win: +200
McIlroy Round by Round Results
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Rory McIlroy
- Current Rank: 3rd (-9)
- Odds to Win: +800
McIlroy Round by Round Results
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Rickie Fowler
- Tee Time: 5:30 PM ET
- Current Rank: 1st (-10)
- Odds to Win: +250
Fowler Round by Round Results
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Wyndham Clark
- Tee Time: 5:30 PM ET
- Current Rank: 1st (-10)
- Odds to Win: +275
Clark Round by Round Results
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Scottie Scheffler
- Tee Time: 5:19 PM ET
- Current Rank: 4th (-7)
- Odds to Win: +450
Scheffler Round by Round Results
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U.S. Open Odds (Rest of Field)
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© 2023 Data Skrive. All rights reserved. | https://www.mysuncoast.com/sports/betting/2023/06/18/u-s-open-pga-tournament-betting-odds-round-4/ | 2023-06-18 08:00:11 | 0 | https://www.mysuncoast.com/sports/betting/2023/06/18/u-s-open-pga-tournament-betting-odds-round-4/ |
Players Guild Theatre leaving Canton's Cultural Center for Kent State Stark
ArtsinStark announced Thursday morning that the Players Guild Theatre will leave the Cultural Center for the Arts in downtown Canton and move to Kent State University at Stark.
After months of review by the Players Guild Board of Directors, the organization decided to leave the 416-seat main stage and 139-seat black box space, notifying ArtsinStark on June 23. Officials from ArtsinStark and the Players Guild met June 29 to discuss details of the separation.
In a news release from ArtsinStark, Players Guild Theatre Board President Dan Sibila stated four reasons for the move.
“Moving to Kent State Stark provides a business model that, one, builds a partnering program with a well-funded higher education system; two, creates a collaborative program with KSU students and faculty that drives our collective goal of arts enrichment within Stark County; three, provides student internships and practicum opportunities with one PGT title being produced in total collaboration with Kent State students and faculty; and four, creates a farm system to cultivate future producers and management, thereby ensuring organizational longevity,” Sibila said.
ArtsinStark President and CEO David Whitehill had nothing but well wishes for the Players Guild.
“I’ll say that ArtsinStark affirms its support for this transition," Whitehill said. "We wish the Players Guild the best in its new home.”
Performing arts:Players Guild brings 'Ghost: The Musical' to Canton, show based on Swayze film
“For 51 years, the Players Guild Theatre has been an integral part of the Cultural Center for the Arts. Many in our community have enjoyed the fantastic shows and programs the Players Guild has offered on the Main Stage and in W.G. Fry Theatre,” Whitehill said.
Performing arts companies moving to university campuses isn’t new. It has become a trend in Northeast Ohio. The University of Akron houses the Rubber City Theatre, and Light Opera is housed at the College of Wooster.
Kent State University at Stark Dean and Chief Administrative Officer Dr. Denise Seachrist is looking forward to the move.
“The KSU Stark students and faculty are excited to welcome the Players Guild Theatre to perform on the Mary J. Timken stage. The new Players Guild business model will complement our fine arts program for both current and future students,” Seachrist said in a news release.
The Players Guild intends to vacate the Cultural Center space on Aug. 31.
When asked if the Players Guild would no longer be attached to ArtsinStark, Whitehill was quick to say that ArtsinStark still supports it.
ArtsinStark event:Visitors invited to create at First Friday
“We say we’re a countywide organization. We support through advocacy efforts, through funding and grant-making efforts and also our facilities, and certainly, we intend – like with all our arts organizations – to continue to support them in the ways they need to be supported," Whitehill said.
What does this move mean for the Cultural Center for the Arts going forward?
“We’re really at the early stages now that the Players Guild has notified us of their intent to vacate the facility and move their operations to Kent State Stark. We’ll begin our process of exploring the possibilities for the space,” Whitehill said. “It’s an incredible facility. It can be used in a variety of different ways, and certainly, we have a number of community partners that have expressed interest over the years in using that space, so that’s, I guess, the exciting work ahead.”
Earlier this year, ArtsinStark retained Webb Management Services, a national company with representation in Ohio that provides consulting services to the arts and cultural industries, to undergo a three-phase cultural asset study that includes an assessment of the Cultural Center campus.
The assessment was paused during the the Players Guild’s due-diligence period so that a Phase I report can include the future use of the 37,000-square-foot theater space that, in addition to performance spaces, includes offices, rehearsal space, a green room, lobby and dressing rooms. | https://www.cantonrep.com/story/entertainment/2022/06/30/players-guild-theatre-leaving-cultural-center-kent-state-stark/7776292001/ | 2022-06-30 17:39:34 | 0 | https://www.cantonrep.com/story/entertainment/2022/06/30/players-guild-theatre-leaving-cultural-center-kent-state-stark/7776292001/ |
Fed official: Bank rules under review in wake of SVB failure
WASHINGTON (AP) — The Federal Reserve’s bank supervisors informed Silicon Valley Bank’s management as early as the fall of 2021 of risks stemming from its unusual business model, a top Fed official said Tuesday, but the bank’s managers failed to take the steps necessary to fix its problems.
The Fed official, Michael Barr, the nation’s top banking regulator, said during a Senate Banking Committee hearing that the Fed is considering whether stronger bank rules are needed to prevent a similar bank failure in the future.
“Supervisors had rated the bank at a very low rating,” Barr said. “At the holding company level, it was rated deficient, which is also clearly not well-managed.”
The timeline that Barr laid out for when the Fed had alerted Silicon Valley Bank’s management to the risks it faced is earlier than the central bank has previously said the bank was on its radar screen.
Tuesday’s hearing is the first formal congressional inquiry into the March 10 collapse of Silicon Valley Bank and the subsequent failure of New York-based Signature Bank, the second- and third-largest bank failures in U.S. history.
The failures set off financial tremors in the U.S. and Europe and led the Fed and other government agencies to back all deposits at the two banks, even though nearly 90% of both banks’ deposits exceeded the $250,000 insurance threshold. The Fed also established a new lending program to enable banks to more easily raise cash if needed.
Late Sunday, the Federal Deposit Insurance Corp. said that resolving the two banks, including reimbursing depositors, would cost its insurance fund $20 billion, the largest such impact in its history. The FDIC plans to recoup those funds through a levy on all banks, which will likely be passed on to consumers.
Sen. Sherrod Brown, the Ohio Democrat who leads the committee, suggested that Silicon Valley Bank’s failure and the government’s rescue of its depositors, which included wealthy venture capitalists and large tech companies, had caused “justified anger” among many Americans.
“I understand why many Americans are angry — even disgusted — at how quickly the government mobilized, when a bunch of elites in California were demanding it,” Brown said.
Silicon Valley’s deposits grew rapidly and were heavily concentrated in the high-tech sector, which made it particularly vulnerable to a downturn in a single industry. It had bought long-term Treasurys and other bonds with those funds.
The value of those bonds fell as interest rates rose. When the bank was forced to sell those bonds to repay depositors as they withdrew funds, Silicon Valley absorbed heavy losses and couldn’t repay all its customers.
Barr said the Fed’s review of what happened with Silicon Valley will consider whether stricter regulations are needed, including whether supervisors have the tools needed to follow up on their warnings. The Fed will also consider whether tougher rules are needed on liquidity — the ability of the bank to access cash — and capital requirements, the level of funds held by the bank.
“A review will consider whether the supervisory warnings were sufficient and whether supervisors had sufficient tools to escalate,” Barr said. “I anticipate the need to strengthen capital and liquidity standards for firms over $100 billion,” which would have included SVB.
Fed Chair Jerome Powell has said he will support any regulatory changes that are proposed by Barr.
Last September, before the banks’ collapse, Barr had said he was conducting a “holistic review” of the government’s capital requirements. He suggested that he might support toughening those requirements, which prompted criticism from the banking industry and Republican senators.
Barr also said in prepared remarks that the Fed will review whether a 2018 law that weakened stricter bank rules also contributed to the financial turmoil.
“SVB’s failure is a textbook case of mismanagement,” Barr said.
Martin Gruenberg, chairman of the FDIC, and Nellie Liang, the Treasury undersecretary for domestic finance, also testified Tuesday. On Wednesday, all three will testify to a House committee.
Gruenberg said the FDIC, which insures bank deposits, and the Fed and Treasury, took steps to protect the two banks’ depositors to prevent a broader bank run, in which customers would swiftly withdraw their funds and can cause even healthy banks to buckle.
“I think there would have been a contagion,” Gruenberg said, “and I think we would have been in a worse situation today.”
Gruenberg said in his testimony that the top 10 depositors at Silicon Valley held $13.3 billion in their accounts. That is an enormous figure that reflects the wealth of many of its customers, which included large companies such as Roku, the streaming video company, which held about $500 million in an SVB account.
Democratic senators charged that the failures can be attributed, to some extent, to the 2018 softening of the stricter bank regulations that were enacted by the 2010 Dodd-Frank law.
The 2018 law exempted banks with assets between $100 billion to $250 billion — Silicon Valley’s size — from requirements that it maintain sufficient cash, or liquidity, to cover 30 days of withdrawals. It also meant that banks of that size were subject less often to so-called “stress tests,” which sought to evaluate how they would fare in a sharp recession or a financial meltdown.
Simon Johnson, an economist at the Massachusetts Institute of Technology who co-wrote a book about the 2008-2009 financial crisis, said he believed the 2018 regulatory rollback “contributed to a big relaxation of supervision and fed into this lackadaisical attitude around Silicon Valley Bank.’’
But Steven Kelly, senior research associate at the Yale program on financial stability, said he believed that Silicon Valley Bank’s business model was so flawed that requiring it to hold more liquidity wouldn’t have helped it withstand the lightning-fast bank run that toppled it. On Thursday, March 9, depositors — many of them operating swiftly, using smart phones — withdrew $42 billion, or 20% of its assets, in a single day.
“You’re never going to write liquidity regulations that are strict enough to prevent that, when there’s a run on a fundamentally unviable bank,” Kelly said.
The Fed has come under harsh criticism by groups advocating tighter financial regulation for failing to adequately supervise Silicon Valley Bank and prevent its collapse, and Barr will likely face tough questioning by members of both parties.
As recently as mid-February 2023, Barr says in his prepared testimony, Fed staffers told the central bank’s board of governors that rising rates were threatening the finances of some banks and highlighted, in particular, the risk-taking at Silicon Valley Bank.
“But, as it turned out,” Barr says, “the full extent of the bank’s vulnerability was not apparent until the unexpected bank run on March 9.”
___
AP Economics Writer Paul Wiseman contributed to this report.
Copyright 2023 The Associated Press. All rights reserved. | https://www.kxii.com/2023/03/28/fed-official-bank-rules-under-review-wake-svb-failure/ | 2023-03-28 18:12:05 | 1 | https://www.kxii.com/2023/03/28/fed-official-bank-rules-under-review-wake-svb-failure/ |
The company's AI voice assist technology was recognized for its business innovation
ROCHESTER, N.Y., Jan. 23, 2023 /PRNewswire/ -- Paychex, Inc., a leading provider of integrated human capital management software solutions for human resources, payroll, benefits, and insurance solutions, was named a winner in the 2023 BIG Innovation Awards, presented by the Business Intelligence Group. The award was presented in recognition of Paychex Voice Assist, an artificial intelligence (AI)-powered feature that offers the first voice-activated payroll experience on the market.
"Innovation is 'business critical' in today's society," said Maria Jimenez, chief operating officer of the Business Intelligence Group. "We are thrilled to be honoring Paychex, a company that leads by example to improve the lives of so many."
Paychex Voice Assist, which the company unveiled in September 2022, empowers HR admins to process payroll through any Google Assistant-compatible device for a secure, hands-free experience supported by voice verification. With Paychex Voice Assist, payroll administrators can start a pay period, act on a period in progress, apply standard pay, make compensation adjustments, review totals, and submit payroll for processing – all using only their voice. The feature is a natural extension of the company's expansive self-service capabilities and the latest innovation for the company's technology strategy.
"We continue to build a forward-looking approach to HR technology to solve challenges of today's business leaders, and Paychex Voice Assist is emblematic of that pursuit," said Tom Hammond, vice president of corporate strategy and product management at Paychex. "Using the latest AI and voice-recognition technology to streamline the payroll process, business leaders and HR admins can automate time-consuming task-based work to focus on more strategic company initiatives. We're proud to receive this recognition for an innovation that is alleviating a challenge many of our customers are facing—doing more with less time and fewer resources."
Paychex Voice Assist is designed to be used in conjunction with the company's industry-leading, SaaS-based HR software solution, Paychex Flex®. The platform provides an all-in-one solution for HR management, payroll administration, benefits administration, and more. The company also offers HR consulting services to help leaders better overcome the challenges of running a business in today's market.
Organizations from across the globe submitted their recent innovations for consideration in the BIG Innovation Awards. Nominations were then judged by a select group of business leaders and executives who volunteer their time and expertise to score submissions. For a complete list of the 2023 BIG Innovation Award winners, visit https://www.bintelligence.com/big-innovation-awards.
About Paychex
Paychex, Inc. (Nasdaq: PAYX) is a leading provider of integrated human capital management solutions for human resources, payroll, benefits, and insurance services. By combining innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers business owners to focus on the growth and management of their business. Backed by 50 years of industry expertise, Paychex serves more than 730,000 payroll clients as of May 31, 2022, in the U.S. and Europe, and pays one out of every 12 American private sector employees. Learn more about Paychex by visiting www.paychex.com and stay connected on Twitter and LinkedIn.
About Business Intelligence Group
The Business Intelligence Group was founded with the mission of recognizing true talent and superior performance in the business world. Unlike other industry award programs, these programs are judged by business executives having experience and knowledge. The organization's proprietary and unique scoring system selectively measures performance across multiple business domains and then rewards those companies whose achievements stand above those of their peers.
Media Contacts
Chelsea Wernick
Public Relations Program Manager II
Paychex, Inc.
(585) 216-2974
cwernick@paychex.com
@Paychex
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SOURCE Paychex, Inc. | https://www.wibw.com/prnewswire/2023/01/23/paychex-wins-2023-big-innovation-award/ | 2023-01-23 16:49:44 | 0 | https://www.wibw.com/prnewswire/2023/01/23/paychex-wins-2023-big-innovation-award/ |
Windy, hot and dry this Friday and Saturday; Red Flag Warning issued for Friday
We see a few isolated thunderstorms for Thursday afternoon and evening. We're expecting a drier pattern for the next couple of days, with highs in the 90's. We start to see some southern moisture arrive for next week with a few scattered showers and slightly cooler temperatures.
RED FLAG WARNING REMAINS IN EFFECT UNTIL 9 PM MDT THIS EVENING
FOR GUSTY WINDS AND LOW RELATIVE HUMIDITY FOR FIRE WEATHER ZONES
410, 425, AND 476…
…RED FLAG WARNING IN EFFECT FROM 1 PM TO 9 PM MDT FRIDAY FOR
GUSTY WINDS AND LOW RELATIVE HUMIDITY FOR FIRE WEATHER ZONES 410,
425, AND 476…
The National Weather Service in Pocatello has issued a Red Flag
Warning for gusty winds and low relative humidity which is in
effect from 1 PM to 9 PM MDT Friday.
- AFFECTED AREA…Fire Weather Zone 410 Upper Snake River
Valley/Idaho Falls BLM, Fire Weather Zone 425 Middle Snake
River Valley/Twin Falls BLM north of the Snake River and Fire
Weather Zone 476 Lemhi and Lost River Range/Challis NF. - TIMING…From 1 PM to 9 PM MDT Friday.
- WINDS…Southwest 20 to 30 mph with gusts up to 45 mph. Ridgetop
winds may exceed 50 mph in the central mountains. - RELATIVE HUMIDITY…10 to 20 percent.
- IMPACTS…Hot, dry, and breezy conditions will support rapid
wildfire spread and potentially long range spotting of embers.
Very similar conditions may continue Thursday afternoon as
well. | https://localnews8.com/weather/local-forecast/2023/07/27/windy-hot-and-dry-this-friday-and-saturday-red-flag-warning-issued-for-friday/ | 2023-07-27 23:25:54 | 0 | https://localnews8.com/weather/local-forecast/2023/07/27/windy-hot-and-dry-this-friday-and-saturday-red-flag-warning-issued-for-friday/ |
3 young siblings, all under age 10, killed in Texas car crash
LAREDO, Texas (KGNS/Gray News) – Three young siblings, all under 10 years old, were killed in a car crash in Laredo, Texas on Monday evening.
According to the Laredo Police Department, the crash involved three vehicles near the intersection of Cuatro Vientos and Agua-Nieve Drive.
Police said 6-year-old Sofia Rocha, 7-year-old Kayla Rocha, and 9-year-old Mauricio Rocha were killed in the crash. They were riding in a Chevy Traverse SUV driven by their mother, 30-year-old Sarai Juarez. She was taken to the hospital with critical injuries.
The deceased children were students at Centeno Elementary School, police said.
A red Toyota Rav 4 and a white Ford Expedition were also involved in the crash. Three young adults and a 4-year-old boy were inside the Toyota, all suffering critical injuries.
Police said the Ford only had a 33-year-old driver and no passengers. The driver was not injured.
Investigators are working to determine the cause of the crash.
Copyright 2023 KGNS via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2023/07/25/3-young-siblings-all-under-age-10-killed-texas-car-crash/ | 2023-07-25 20:40:32 | 1 | https://www.kxii.com/2023/07/25/3-young-siblings-all-under-age-10-killed-texas-car-crash/ |
SHANGHAI, Oct. 20, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, "Yum China" or the "Company") today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the "HKEX") which require advance notice of board meetings at which a dividend is expected to be declared, that its board of directors (the "Board") will consider the declaration and payment of a quarterly dividend (the "Dividend"). If the Board decides to proceed, the declaration will be adopted by Board resolution on or around November 2, 2022 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company.
The Company makes available through the Investor Relations section of its internet website at http://ir.yumchina.com its filings with the HKEX as soon as reasonably practicable after electronically filing such material with the HKEX. These filings may also be obtained by visiting the HKEX's website at http://www.hkex.com.hk.
As no Board resolution in relation to the Dividend has been adopted as of the date of this press release, there is no assurance that the Dividend will be declared.
Forward-Looking Statements
This press release contains "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. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "project," "likely," "will," "continue," "should," "forecast," "outlook" or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.
About Yum China Holdings, Inc.
Yum China Holdings, Inc. is a licensee of Yum! Brands in mainland China. It has exclusive rights in mainland China to KFC, China's leading quick-service restaurant brand, Pizza Hut, the leading casual dining restaurant brand in China, and Taco Bell, a California-based restaurant chain serving innovative Mexican-inspired food. Yum China also owns the Little Sheep, Huang Ji Huang and COFFii & JOY concepts outright. In addition, Yum China has partnered with Lavazza to explore and develop the Lavazza coffee shop concept in China. The Company had 12,170 restaurants in over 1,700 cities at the end of June 2022.
In 2021, Yum China was selected as a member of both Dow Jones Sustainability Indices (DJSI): World Index and Emerging Market Index. In 2022, Yum China ranked # 359 on the Fortune 500 list. The Company was also named to the Bloomberg Gender-Equality Index and was certified as a Top Employer 2022 in China by the Top Employers Institute, both for the fourth consecutive year. For more information, please visit http://ir.yumchina.com.
Investor Relations Contact
Tel: +86 21 2407 7556 / +852 2267 5801
E-mail: IR@yumchina.com
Media Contact
Tel: +86 21 2407 7510
E-mail: Media@yumchina.com
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SOURCE Yum China Holdings, Inc. | https://www.wibw.com/prnewswire/2022/10/20/yum-china-announces-disclosure-under-hong-kong-stock-exchange-rules-relation-possible-quarterly-dividend/ | 2022-10-20 09:54:16 | 1 | https://www.wibw.com/prnewswire/2022/10/20/yum-china-announces-disclosure-under-hong-kong-stock-exchange-rules-relation-possible-quarterly-dividend/ |
Police: Escaped detainee shot, killed pastor who stopped to help him after wreck
JACKSON, Miss. (WLBT/Gray News) - Mississippi officials said a pastor was killed while trying to provide aid to a man, believed to be an escaped detainee, who had wrecked a stolen motorcycle in Jackson.
According to the Jackson Police Department, officers responded to “unknown trouble” in an area of Interstate 55 on Monday around 7 p.m. Officers said they found a man lying face up in the road.
They said the man was identified as 61-year-old Anthony Watts. Investigators said Watts pulled over to help another man who appeared to have wrecked a motorcycle that he had stolen just moments before.
WLBT reports Watts was the head pastor of St. Mary’s Missionary Baptist Church in D’Lo, Mississippi.
Police said the suspect shot Watts several times before stealing his red Dodge Ram 1500 truck.
Police believe the suspect is 22-year-old Dylan Arrington, one of a group of escapees from the Raymond Detention Center.
Officials said the truck was last seen heading south on I-55 near Terry. Anyone who sees the vehicle has been asked to take caution, as police said Arrington should be considered armed and dangerous.
According to WLBT, four detainees escaped from the Raymond Detention Center over the weekend by climbing through the roof of the jail.
The detainees were identified as 24-year-old Casey Grayson, 22-year-old Dylan Arrington, 22-year-old Corey Harrison, and 51-year-old Jerry Raynes. They were discovered missing from the detention center early Sunday morning.
Officials said none of the escapees had been located as of Monday.
Copyright 2023 WLBT via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2023/04/25/police-escaped-detainee-shot-killed-pastor-who-stopped-help-him-after-wreck/ | 2023-04-25 23:24:15 | 0 | https://www.kxii.com/2023/04/25/police-escaped-detainee-shot-killed-pastor-who-stopped-help-him-after-wreck/ |
DAVOS, Switzerland (AP) — The Latest on the World Economic Forum gathering in Davos, Switzerland:
Former U.S. Vice President Al Gore says data from a new project tracking greenhouse gases suggests oil and gas companies are emitting three times as much as they report.
Gore, speaking Thursday at the World Economic Forum’s gathering in Davos, Switzerland, presented findings from a tool called Climate TRACE that can help hold countries to their climate pledges and let companies compare which manufacturers are emitting the most greenhouse gases when making decisions on where to source supplies.
It was unveiled at United Nations climate change conference last November.
He says that “for the first time, we know exactly where the pollution is coming from.” Of oil and gas producers, Gore said, “Most (other industries) are not this far off.”
The inventory was created by researchers, data analysts and non-governmental organizations from around the world using satellite data, remote sensing and artificial intelligence. It’s open to the public and free to use.
___
KEY DEVELOPMENTS:
— Thunberg, Nakate slam lack of action on climate crisis
— Zelenskyy urges West to speed up flow of weapons to Ukraine
— Putin foe Bill Browder slams jacked-up fee to attend Davos
— World Food Program postpones, not averts Somali famine
Follow AP’s coverage of the World Economic Forum meeting at https://apnews.com/hub/world-economic-forum
___
With many European leaders fearing a clean energy law that benefits American-made green technology, Dutch Prime Minister Mark Rutte says the world should be happy the U.S. is acting on climate change.
In a panel session Thursday about global energy at the World Economic Forum gathering in Davos, Switzerland, Rutte said that “we have for years told the U.S.: ‘You have to step up on Paris. You have to step up on climate change.’ Now, they are doing it.”
He added that the Inflation Reduction Act aims to close the gap on Paris climate goals, “so let’s be happy about it.”
He says there are some unintended consequences, but European officials are working with the Biden administration and he’s “not pessimistic.”
Some fear European companies will be boxed out of the U.S. market and denied green tech investment.
U.S. Sen. Joe Manchin says the law doesn’t intend to hurt allies but get clean technologies to scale quickly.
To calm geopolitical unrest and help the environment, he says that “you better be able to do it quicker, faster and better than any place in the world and then share it with your friends. That’s what we’re going to do.”
Ilham Kadri, CEO of Belgium-based chemical company Solvay SA, says the U.S. legislation “is not the enemy, (it) is the best thing which could happen to Europe.”
Companies like hers require constant energy, and she warns that Europe has a “huge risk of deindustrialization.”
Russia largely cut off natural gas to Europe. Energy prices soared, leading energy-intensive industries like fertilizer and steel to scale back production because it was no longer profitable.
U.K. opposition leader Keir Starmer also said the U.S. law is not “just a challenge.”
He says it’s “the single biggest opportunity we’ve been given for a very long time to transition, to take the jobs and opportunities of the future.”
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Greece’s prime minister says he still believes it’s possible to resolve his country’s differences with Turkey by speaking with Turkey’s president, stressing the neighbors will not go to war.
Relations between the two NATO allies have been particularly strained over the past two years, with the rhetoric from Turkish officials alarming. Turkish President Recep Tayyip Erdogan has repeatedly said Turkish troops could descend on Greece “suddenly one night” and even threatened to hit Athens with ballistic missiles.
Greek Prime Minister Kyriakos Mitsotakis said Thursday during a session at the World Economic Forum gathering in Davos, Switzerland, that “we will not go to war with Turkey.”
He added that “we should be able to sit down with Turkey as reasonable adults and resolve our main difference, which is the delimitation of maritime zones in the Aegean and the eastern Mediterranean.”
Long at odds over a series of issues, including territorial and energy exploration rights in their shared waters, Greece and Turkey have come to the brink of war three times in the last half-century. Recent tension has centered on energy exploration rights in the eastern Mediterranean and on the presence of Greek troops on eastern Aegean islands near the Turkish coast.
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FBI Director Christopher Wray says he’s “deeply concerned” about China’s artificial intelligence program.
Speaking Thursday during a panel session at a World Economic Forum meeting in Davos, Switzerland, Wray said China has the largest hacking operation in the world.
He says the country’s AI initiatives “are not constrained by the rule of law” and are “built on top of massive troves of intellectual property and sensitive data that they’ve stolen over the years.”
The statement from Wray is consistent with prior warnings from Washington about China’s AI ambitions. In 2021, for instance, U.S. officials raised similar alarms to business leaders, academics and state and local government officials.
Beijing has repeatedly accused Washington of fear-mongering about its intentions and attacked U.S. intelligence for its assessments of China.
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The head of the International Monetary Fund had strong words for global governments when she and others were asked on a panel session in Davos for one thing they would change to accelerate the transition to net zero.
IMG Managing Director Kristalina Georgieva said Thursday at the World Economic Forum gathering that she would lock the U.S., China, India and E.U. in a room and lock the door.
“Let them out after they sign in blood a commitment to work together to save the planet,” she said to applause from the audience.
Patrick Dlamini, chief executive of the Development Bank of Southern Africa, said more of the IMF’s international reserves should be diverted to the Global South.
Earlier, the panel had discussed how smallholders across Africa could be funded at scale to pursue green projects using market mechanisms.
Oliver Bäte, chief executive of German asset manager and insurer Allianz, said, “We need to do things faster” by “setting deadlines.
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Tunisia’s prime minister insists her country’s move toward democracy is “absolutely not in danger” despite paltry turnout in a first round of legislative elections that culminate in a decisive runoff in 10 days.
Najla Bouden, speaking Thursday in a panel session on Africa at a World Economic Forum meeting in Davos, Switzerland, predicted the Jan. 29 second round would “probably” see a “much stronger participation” than last month’s initial vote.
In response to a question from The Associated Press, she said, “I can assure you that the democratic transition is absolutely not in danger. We are in the process of changing a paradigm … to move from one regime to another.”
Angry Tunisian demonstrators and some outside observers have expressed concern that the birthplace of the Arab Spring uprisings against autocratic leaders 12 years ago is now teetering away from democracy under President Kais Saied.
Only 11% of voters cast ballots in disastrous parliamentary elections last month that were called to replace and reshape a legislature that Saied dissolved in 2021. The country is also facing rising joblessness and higher prices for staples like sugar, vegetable oil and rice.
Bouden added that “I have a lot of hope that Tunisia is going to get better and better, and it will accomplish things that will probably astonish you in the coming months.”
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South Korean President Yoon Suk Yeol says his country will lean on nuclear energy to meet its climate goals and promoted the South Korean industry’s push to sell its nuclear-power technologies to other nations.
Speaking Thursday at the World Economic Forum’s annual gathering in the Swiss town of Davos, Yoon referred to the country’s goals to cut carbon emissions to zero by 2050 by expanding nuclear power plants. He offered to cooperate with other nations that need South Korea’s “world-leading nuclear power plant technologies.”
Yoon said South Korea also is seeking to develop hydrogen as a clean-energy alternative, which he said would be effective in reducing emissions in industries such as steelmaking, chemicals and maritime transport.
He says “cooperation is crucial between nations in the Middle East and Europe, which have strengths in producing green hydrogen, and nations such as South Korea and Japan, which are leading the way in the application of hydrogen.”
Yoon’s goals to increase the share of nuclear power in the country’s energy mix-up is a departure from the policies of his predecessor, Moon Jae-in, who had sought to reduce the country’s nuclear reliance. Global interest in nuclear power has increased as governments face greater pressure to cut carbon emissions while also grappling with soaring fossil fuel prices, worsened by pandemic lockdowns and Russia’s war on Ukraine.
___
South Korean President Yoon Suk Yeol says is calling for international solidarity to restore stability in supply chains undermined by the COVID-19 pandemic and Russia’s war on Ukraine as well as technology competitions and trade barriers.
South Korea, a major producer of computer memory chips, has struggled to strike a balance between its ally United States and China, its biggest trade partner, amid their intensifying rivalry over technology and regional influence.
Speaking Thursday at the World Economic Forum’s annual gathering in the Swiss town of Davos, Yoon said that while it would be an “inevitable choice” for South Korea to cooperate with countries that share common “universal values,” such cooperation should not result in trade blocs or the exclusion of certain nations, apparently referring to China.
He said that “Japan, as well as the United States, has a similar political, social and economic system with us and shares most of our universal values” and noted some differences with China.
But he said “our close cooperation between the countries that share universal values should not proceed in a way that excludes and blocks the relations with nations that have different systems with us or have a lot of differences regarding universal values.”
___
Prominent climate activists including Greta Thunberg and Vanessa Nakate are condemning corporate VIPs and political leaders in Davos, Switzerland, for prioritizing short-term profits from fossil fuels over people affected by the climate crisis.
They were joined by campaigners Helena Gualinga and Luisa Neubauer and International Energy Agency Executive Director Fatih Birol at a roundtable Thursday at the World Economic Forum’s annual gathering.
Nakate, who at one point choked up, said that “leaders are playing games” with people’s futures. She added that the effects of climate change are “already a living hell for many communities across the African continent, across the Global South” who are facing extreme drought, heat and flooding.
The activists brought a “cease and desist” letter calling on fossil fuel companies to stop all new oil and natural gas projects, signed by nearly 900,000 people.
Scientists say no new fossil fuel projects can be built if the world is to limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit) in line with climate goals set in Paris in 2015.
Thunberg added that without persistent public pressure corporations will continue to “throw people under bus for their own gain.”
___
In a discussion on climate finance that focused on the lack of common standards, the head of the International Monetary Fund compared the world’s current trajectory to being on the Titanic.
IMG Managing Director Kristalina Georgieva said Thursday at the World Economic Forum gathering in Davos, Switzerland, that while there are “a couple of bright spots on the horizon,” this was “not good enough.”
She warned that when it came to designing universal standards for green finance, “the perfect is the enemy of the good.”
A global set of minimum benchmarks on, for example, corporate emissions disclosures would reduce the scope for companies to police themselves and engage in greenwashing. Without common standards, companies will be able to continue burying bad news or defining their emissions disclosures to give a more favorable impression.
She says “Europe can be a leader bringing us together on common standards.”
___
European leaders say they are working with the U.S. on issues over subsidies for American-made green technology but that dealing with trade tensions with China is more difficult.
Dutch Prime Minister Mark Rutte said Thursday on a panel session about European growth at the World Economic Forum gathering in Davos, Switzerland, that “the main issue in Europe is we have no coordinated China policy.”
He says that “it’s not that we have to choose between the U.S. and China. We need to have our own policy. And our own policy should be, first of all, that we have the mindset that we want to be a player and not a playing field.”
European Commission President Ursula von der Leyen presented a major clean tech industrial plan earlier this week at Davos for that would ease the way for subsidies for green industries and pool EU-wide projects that are boosted with major funding.
It aims to bolster the 27-nation bloc’s push for climate neutrality by 2050 and guarantee its economic survival as it faces challenges from China and the U.S.
EU Commission Executive Vice President Valdis Dombrovskis says the concerns about the U.S. Inflation Reduction Act’s funding for “made-in-America” green technology — like electric vehicles — is that “it’s done in a discriminatory way.”
He says it’s not helping to build trans-Atlantic value chains but actually severing them.
But he noted that EU-U.S. task force has “a satisfactory solution on clean vehicles tax credits. But there are many other areas which we need to address.”
On China, Rutte says offers a huge innovation base and potential but “at the same time, we have legitimate security concerns.” He says it’s important to keep the Western edge in industries like semiconductors, which can be used in defense systems.
Croatian Prime Minister Andrej Plenkovic noted that “there’s a big difference between China and Russia.” He says that with China, he doesn’t “see a similar pattern of threats that would endanger our economy, our way of life and our security.”
___
Key European leaders see improvements in expectations for the economy this year in the face of high inflation and Russia’s war in Ukraine but warn that there is more work to do.
European Central Bank President Christine Lagarde said Thursday on a panel session about European growth at the World Economic Forum gathering in Davos, Switzerland, that activity “is declining compared with an excellent 2022.” She says expected economic growth of 0.5% in 2023 is “not a brilliant year, but it is a lot better than what we had feared.”
Inflation is still high — reaching 9.2% in December — so she says the bank will keep raising interest rates to get it under control. Inflation has been fed by high energy prices after Russia largely cut off natural gas to Europe amid the war in Ukraine.
Dutch Prime Minister Mark Rutte also worried about inflation and praised the bank for doing the right thing.
European Union Commission Executive Vice President Valdis Dombrovskis pointed to how well energy relief for households and businesses targeted. He says around 70% of the support measures are not targeted, which feeds into inflation.
He and Rutte say Europe needs to concentrate on building energy security, focusing on the transition to renewables.
Rutte urged bringing down government borrowing — saying it is too high in Italy, France and other countries — because it is hurting long-term economic growth. To do that, he says changes to the pension sector are difficult but necessary, adding “I’m happy that the French have now decided to to move on the pension issue.”
French workers angry over proposed changes to pension rules that would push back the retirement age are holding nationwide strikes and protests Thursday.
___
Nadir Godrej, chairman of Indian company Godrej Industries, limited presented a poem instead of speech during a panel session at the World Economic Forum’s annual gathering.
Godrej launched into a more than six-minute-long poem with the phrase: “It is no longer climate change within a tolerable change, a crisis is what it’s about with fires, floods as well as drought.”
The poem presented Thursday in Davos, Switzerland, details the work his organization has done on blue carbon projects and his views on the climate crisis and action needed in general.
Blue carbon refers to carbon captured by the world’s oceans and coastal ecosystems. Despite occupying only about 5% of land area, coastal wetlands store about 50% of all carbon buried in ocean sediments.
A plethora of restoration projects have been launched in recent years to restore coastal ecosystems, especially mangrove forests that are highly effective carbon sinks.
Virginijus Sinkevicius, the European Union’s commissioner for Environment, Oceans and Fisheries, said on the panel that “without a blue there is no green.
She says “we must ensure that the ocean ecosystems remain healthy” and said a deal to protect 30% of land and water considered important for biodiversity by 2030 plays a key role.
Countries committed to the agreement at the United Nations Biodiversity Conference, or COP15, that was held at Montreal in December last year.
The Montreal deal is considered the most significant effort yet to protect the world’s lands and oceans and provide critical financing to save biodiversity in the developing world.
___
Pfizer’s chief executive says the biggest challenge the company and other vaccine-makers faced during the pandemic was negotiating the politics.
Albert Bourla, who was speaking Thursday on a panel on pandemic preparedness at the World Economic Forum gathering in Davos, Switzerland, said mask-wearing, vaccine efficacy or questions about delivering the vaccines were all politicized and were constant obstacles for vaccine-makers.
He says “the biggest challenge … was the political challenge.”
He added that protectionism as a result of fear meant the governments closed down borders, making it difficult to export vaccines or bring in raw materials needed to make them.
Former British Prime Minister Tony Blair made the distinction between the “forgivable” politics of government leaders trying to vaccinate their own population when an election was beckoning and the “unforgivable” politics of politicizing public health.
He says turning mask-wearing into a political issue was “unforgivable and stupid.”
Blair added that for most countries, the virus had receded into the “rear-view mirror” and the only way to keep the focus on it was to convince politicians that “there are votes in it.”
___
Ukrainian President Volodymyr Zelenskyy has bared his frustration about not obtaining enough tanks from some Western countries to help Ukraine’s defend against Russian forces.
The Ukrainian leader, at a breakfast Thursday on the sidelines of the World Economic Forum’s annual gathering in Davos, Switzerland, offered a veiled critique of countries like Germany, Poland and the United States — crucial supporters of Ukraine — that have nonetheless hesitated about sending tanks.
Speaking by video link, Zelenskyy bemoaned a “lack of specific weaponry” and said that to win the war, “we cannot just do it with motivation and morale.”
Through an interpreter, he told the Victor Pinchuk Foundation breakfast that “I would like to thank again for the assistance from our partners. But at the same time, there are times where we shouldn’t hesitate or we shouldn’t compare when someone says, ‘I will give tanks if someone else will also share his tanks.’”
Zelenskyy also said air defense was “our weakness” in light of targeted Russian strikes, including use of Iranian-made drones, and reiterated his call for supplies of long-range artillery to fire at Russian forces in Ukrainian territory — not fire into Russia itself.
Ukraine has for months sought to be supplied with heavier tanks, including the U.S. Abrams and the German-made Leopard 2 tanks, but Western leaders have been treading carefully.
The United Kingdom announced last week that it will send Challenger 2 tanks to Ukraine, and France has said it would send AMX-10 RC armored combat vehicles to Ukraine, designated “light tanks” in French.
Poland and the Czech Republic have provided Soviet-era T-72 tanks to Ukrainian forces. Poland has expressed readiness to provide a company of Leopard tanks but has said it would only do so as part of a larger international coalition of tank aid to Kyiv.
Former British Prime Minister Boris Johnson, who attended the breakfast, said, “Get them the tanks, get Volodymyr Zelenskyy whatever he needs.” | https://cw33.com/business/ap-business/ap-live-updates-world-economic-forum-gathering-in-davos-3/ | 2023-01-19 19:04:37 | 1 | https://cw33.com/business/ap-business/ap-live-updates-world-economic-forum-gathering-in-davos-3/ |
BOLINGBROOK, Ill. (AP) — One person has been killed and two others wounded in a shooting Saturday at an automotive interior products warehouse in suburban Chicago.
Bolingbrook police responded about 6:25 a.m. to reports of the shooting at the WeatherTech facility, Capt. Anthony Columbus told WLS-TV.
The suspected shooter fled the building, but was found about 9:25 a.m. and taken into custody, police said.
The victims were taken to hospitals where one later died, police said. Another was in critical condition and the third was treated and released.
Further details about the shooting were not immediately available. | https://cw33.com/news/u-s-news/ap-us-headlines/3-wounded-suspect-arrested-in-illinois-warehouse-shooting/ | 2022-06-26 12:26:09 | 1 | https://cw33.com/news/u-s-news/ap-us-headlines/3-wounded-suspect-arrested-in-illinois-warehouse-shooting/ |
BEIJING, Dec. 7, 2022 /PRNewswire/ -- 36Kr Holdings Inc. ("36Kr" or the "Company" or "We") (NASDAQ: KRKR), a prominent brand and a pioneering platform dedicated to serving New Economy participants in China, today announced its unaudited financial results for the third quarter ended September 30, 2022.
Third Quarter 2022 Highlights
- Number of followers[1] as of September 30, 2022 reached 26.8 million, an increase of 18.6% from 22.6 million as of September 30, 2021.
- Total revenues increased by 11.5% to RMB94.6 million (US$13.3 million) in the third quarter of 2022, from RMB84.9 million in the same period of 2021.
- Revenues from online advertising services increased by 19.8% to RMB63.9 million (US$9.0 million) in the third quarter of 2022, from RMB53.4 million in the same period of 2021.
- Enterprise value-added services revenues increased by 4.7% to RMB23.6 million (US$3.3 million) in the third quarter of 2022, from RMB22.5 million in the same period of 2021.
- Gross profit increased by 24.0% to RMB59.1 million (US$8.3 million) in the third quarter of 2022, from RMB47.6 million in the same period of 2021. Gross profit margin further improved to 62.4% in the third quarter of 2022, from 56.1% in the same period of 2021.
- Net income was RMB2.5 million (US$0.4 million) in the third quarter of 2022, compared to net loss of RMB31.3 million in the same period of 2021.
Selected Operating Data
Mr. Dagang Feng, Co-chairman and CEO of 36Kr, commented, "In the third quarter of 2022, despite COVID-19 resurgences and macroeconomic headwinds, our continuous innovation in content, services and commercialization alongside our operational optimizations empowered us to achieve robust revenue growth year-over-year and a fourth consecutive quarter of profitability. Bolstered by our relentless efforts to diversify our content matrix and enhance our brand influence, the number of our followers exceeded 26 million as of the end of the third quarter, representing an increase of 19% year-over-year. Furthermore, our Enterprise Review Platform continued to develop rapidly and recorded solid performance across multiple operating metrics, propelling our second growth curve and commercialization efforts. To sustain our business growth throughout 2022 and beyond, we will continue to hone our competitive edge and boost our businesses' vitality, capitalizing on industry upgrade and digital transformation trends to unlock greater commercialization potential as we empower more and more New Economy enterprises."
Ms. Lin Wei, Chief Financial Officer of 36Kr, added, "We continued our strong growth momentum in the third quarter, achieving another quarter of double-digit topline growth, with a 12% year-over-year increase in total revenues. Notably, our advertising business continued to soar, up 20% year-over-year, while our enterprise value-added services also recorded solid growth of 5% year-over-year. In addition, as we unceasingly endeavor to optimize our revenue mix, our cost structure and operational efficiency, our gross margin and operating margin both improved year-over-year in the third quarter of 2022, leading to another sequential quarter of profitability. We believe that our diversified portfolio of products and services, underscored by our content capability and multi-dimensional ecosystem, will firmly position us to achieve sustainable growth, fortify our business resilience, and generate greater long-term shareholder value as we move forward."
Third Quarter 2022 Financial Results
Total revenues increased by 11.5% to RMB94.6 million (US$13.3 million) in the third quarter of 2022, from RMB84.9 million in the same period of 2021.
- Online advertising services revenues increased by 19.8% to RMB63.9 million (US$9.0 million) in the third quarter of 2022, from RMB53.4 million in the same period of 2021. The increase was primarily attributable to more innovative marketing solutions we provided to our customers as well as proactive sales strategies we adopted to navigate the challenging environment during the quarter.
- Enterprise value-added services revenues increased by 4.7% year-over-year to RMB23.6 million (US$3.3 million) in the third quarter of 2022, as we continuously developed various proactive enterprise-level services for our customers.
- Subscription services revenues were RMB7.1 million (US$1.0 million) in the third quarter of 2022, compared to RMB9.0 million in the same period of 2021. The decrease was primarily because some of our offline training programs were cancelled or delayed due to the resurgence of COVID-19.
Cost of revenues was RMB35.5 million (US$5.0 million) in the third quarter of 2022, compared to RMB37.3 million in the same period of 2021.
Gross profit increased by 24.0% to RMB59.1 million (US$8.3 million) in the third quarter of 2022, compared to RMB47.6 million in the same period of 2021. Gross profit margin was 62.4% in the third quarter of 2022, compared to 56.1% in the same period of 2021.
Operating expenses were RMB62.1 million (US$8.7 million) in the third quarter of 2022, a decrease of 22.7% compared to RMB80.3 million in the same period of 2021.
- Sales and marketing expenses were RMB32.2 million (US$4.5 million) in the third quarter of 2022, a decrease of 9.3% from RMB35.5 million in the same period of 2021. The decrease was primarily attributable to the decrease in share-based compensation expenses and marketing expenses.
- General and administrative expenses were RMB16.6 million (US$2.3 million) in the third quarter of 2022, compared to RMB30.9 million in the same period of 2021. The decrease was primarily attributable to the decrease in allowance for credit losses.
- Research and development expenses were RMB13.4 million (US$1.9 million) in the third quarter of 2022, compared to RMB13.9 million in the same period of 2021.
Share-based compensation expenses recognized in cost of revenues, sales and marketing expenses, research and development expenses, as well as general and administrative expenses totaled RMB2.6 million (US$0.4 million) in the third quarter of 2022, compared to RMB4.9 million in the same period of 2021.
Other income was RMB5.7 million (US$0.8 million) in the third quarter of 2022, compared to RMB1.5 million in the same period of 2021. The fluctuation was primarily attributable to income generated from write-offs of accounts payable in the third quarter of 2022, as the Company fulfilled all applicable notifications and other risk-eliminative measures.
Income tax expenses were RMB166.0 thousand (US$23.0 thousand) in the third quarter of 2022, compared to income tax expenses of RMB14.0 thousand in the same period of 2021.
Net income was RMB2.5 million (US$0.4 million) in the third quarter of 2022, compared to net loss of RMB31.3 million in the same period of 2021. Non-GAAP adjusted net income[6] was RMB5.1 million (US$0.7 million) in the third quarter of 2022, compared to adjusted net loss of RMB26.4 million in the same period of 2021.
Net income attributable to 36Kr Holdings Inc.'s ordinary shareholders was RMB1.7 million (US$0.2 million) in the third quarter of 2022, compared to net loss attributable to 36Kr Holdings Inc.'s ordinary shareholders of RMB30.5 million in the same period of 2021.
Basic and diluted net income per ADS were both RMB0.042 (US$0.006) in the third quarter of 2022, compared to basic and diluted net loss per ADS of RMB0.746 in the same period of 2021.
Certain Balance Sheet Items
As of September 30, 2022, the Company had cash, cash equivalents and short-term investments of RMB164.0 million (US$23.1 million), compared to RMB194.3 million as of June 30, 2022. The decrease was mainly attributable to net cash outflow from operating activities, as well as certain long-term investments in several New Economy start-up companies in the third quarter of 2022.
Conference Call
The Company's management will host an earnings conference call at 7:00 AM U.S. Eastern Time on December 7, 2022 (8:00 PM Beijing/Hong Kong Time on December 7, 2022).
For participants who wish to join the call by phone, please access the link provided below to complete the pre-registration and dial in 5 minutes prior to the scheduled call start time. Upon registration, each participant will receive dial-in details to join the conference call.
Additionally, a live and archived webcast of the conference call will be available on the Company's investor relations website at http://ir.36kr.com.
A replay of the conference call will be available for one week from the date of the conference, by dialing the following telephone numbers:
About 36Kr Holdings Inc.
36Kr Holdings Inc. is a prominent brand and a pioneering platform dedicated to serving New Economy participants in China with the mission of empowering New Economy participants to achieve more. The Company started its business with high-quality New Economy-focused content offerings, covering a variety of industries in China's New Economy with diverse distribution channels. Leveraging traffic brought by high-quality content, the Company has expanded its offerings to business services, including online advertising services, enterprise value-added services and subscription services to address the evolving needs of New Economy companies and upgrading needs of traditional companies. The Company is supported by comprehensive database and strong data analytics capabilities. Through diverse service offerings and the significant brand influence, the Company is well-positioned to continuously capture the high growth potentials of China's New Economy.
For more information, please visit: http://ir.36kr.com.
Use of Non-GAAP Financial Measures
In evaluating its business, the Company considers and uses two non-GAAP measures, adjusted net income/(loss) and adjusted EBITDA, as supplemental measures to review and assess its operating performance. The presentation of these two non-GAAP financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. The Company presents these non-GAAP financial measures because they are used by the Company's management to evaluate its operating performance and formulate business plans. The Company also believes that the use of these non-GAAP measures facilitates investors' assessment of its operating performance.
These non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using these non-GAAP financial measures is that they do not reflect all items of income and expense that affect our operations. Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.
The Company compensates for these limitations by reconciling these non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating the Company performance. The Company encourages investors to review its financial information in its entirety and not rely on a single financial measure.
Adjusted net loss represents net loss excluding share-based compensation expenses.
Adjusted EBITDA represents adjusted net income/(loss) before interest income, interest expenses, income tax expense/(credit), depreciation of property and equipment and amortization of intangible assets.
For more information on these non-GAAP financial measures, please see the table captioned "Reconciliations of GAAP and non-GAAP results" set forth at the end of this press release.
Exchange Rate Information
This announcement contains translations of certain RMB amounts into U.S. dollars at a specified rate solely for the convenience of the reader. Unless otherwise noted, all translations from Renminbi to U.S. dollars and from U.S. dollars to Renminbi are made at a rate of RMB7.1135 to US$1.00, the exchange rate set forth in the H.10 statistical release of the Federal Reserve Board on of September 30, 2022.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Statements that are not historical facts, including statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goal and strategies; the Company's future business development, results of operations and financial condition; relevant government policies and regulations relating to our business and industry; the Company's expectations regarding the use of proceeds from this offering; the Company's expectations regarding demand for, and market acceptance of, its services; the Company's ability to maintain and enhance its brand; the Company's ability to provide high-quality content in a timely manner to attract and retain users; the Company's ability to retain and hire quality in-house writers and editors; the Company's ability to maintain cooperation with third-party professional content providers; the Company's ability to maintain relationship with third-party platforms; general economic and business condition in China; possible disruptions in commercial activities caused by natural or human-induced disasters; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and the Company undertakes no obligation to update any forward-looking statement, except as required under applicable law.
For investor and media inquiries, please contact:
In China:
36Kr Holdings Inc.
Investor Relations
Tel: +86 (10) 5825-4188
E-mail: ir@36kr.com
The Piacente Group, Inc.
Jenny Cai
Tel: +86 (10) 6508-0677
E-mail: 36Kr@tpg-ir.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: 36Kr@tpg-ir.com
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SOURCE 36Kr Holdings Inc. | https://www.kxii.com/prnewswire/2022/12/07/36kr-holdings-inc-reports-third-quarter-2022-unaudited-financial-results/ | 2022-12-07 09:13:41 | 1 | https://www.kxii.com/prnewswire/2022/12/07/36kr-holdings-inc-reports-third-quarter-2022-unaudited-financial-results/ |
NEW YORK, May 23, 2022 /PRNewswire/ -- Attention Aurinia Pharmaceuticals Inc. ("Aurinia Pharmaceuticals Inc.") (NASDAQ: AUPH) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between May 7, 2021 and February 25, 2022.
If you suffered a loss on your investment in Aurinia Pharmaceuticals Inc., contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/aurinia-pharmaceuticals-inc-loss-submission-form?prid=27508&wire=4
ABOUT THE ACTION: The class action against Aurinia Pharmaceuticals Inc. includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Aurinia was experiencing declining revenues; (ii) Aurinia's 2022 sales outlook for the Company's only product which it offers for the treatment of adult patients with active lupus nephritis, LUPKYNIS, would fall well short of expectations; (iii) accordingly, the Company had significantly overstated LUPKYNIS's commercial prospects; (iv) as a result, the Company had overstated its financial position and/or prospects for 2022; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: June 14, 2022
Aggrieved Aurinia Pharmaceuticals Inc. investors only have until June 14, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
View original content:
SOURCE The Law Offices of Vincent Wong | https://www.mysuncoast.com/prnewswire/2022/05/23/class-action-alert-law-offices-vincent-wong-remind-aurinia-pharmaceuticals-inc-investors-lead-plaintiff-deadline-june-14-2022/ | 2022-05-23 10:49:52 | 1 | https://www.mysuncoast.com/prnewswire/2022/05/23/class-action-alert-law-offices-vincent-wong-remind-aurinia-pharmaceuticals-inc-investors-lead-plaintiff-deadline-june-14-2022/ |
Padgett Will Succeed Bryan Kelly, MD, MBA Upon His Transition to CEO Later This Year at Hospital For Special Surgery, Top-Ranked For Orthopedics and Rheumatology
NEW YORK , Feb. 15, 2023 /PRNewswire/ -- Hospital for Special Surgery (HSS) today announced that Douglas E. Padgett, MD will be appointed Surgeon-in-Chief and Medical Director when Bryan T. Kelly, who has held those positions since 2019, transitions to Chief Executive Officer later this year. The 160-year-old academic medical system specialized in musculoskeletal health last month announced that Kelly will succeed 17-year veteran Louis A. Shapiro as CEO in a phased transition over the course of 2023.
Padgett is a world-renowned orthopedic surgeon, educator and researcher, focused on clinical outcomes, biomaterials, and the role of enabling technologies in joint reconstruction. He is Chief Emeritus of the Adult Reconstruction and Joint Replacement Service at HSS, and a Professor of Orthopedic Surgery at Weill Cornell Medical College. He was appointed Associate Surgeon-in-Chief at HSS in 2019, and is a former Board member of preeminent professional organizations including and The Hip Society, which he also served as President, and the American Association of Hip and Knee Surgeons. Prior to his arrival at HSS as a Resident in 1985, Padgett earned the Naval Achievement Medal for meritorious service as a Battalion Surgeon in U.S. combat operations.
Now in its 160th year, HSS treats patients from more than 80 countries and all 50 States. It has been ranked no. 1 for orthopedics in the world for the past three years, and in the nation for the past 13 years. HSS has been top ranked for both orthopedics and rheumatology for the past 31 consecutive years by U.S. News & World Report. HSS performs 90% more orthopedic surgeries than the next leading hospital, but maintains the lowest readmission rates and among the lowest infection and complication rates in the nation.
"Dr. Padgett's appointment is a milestone in the historic, phased leadership transition started last month," said HSS Board co-chairs Thomas H. Lister and Robert K. Steel. "Together, Dr. Kelly, Dr. Padgett and the many other great leaders across the enterprise are poised to build upon the remarkable heritage of HSS to achieve even greater success for patients and impact on the field of musculoskeletal health."
Kelly, who arrived at HSS as a Resident 27 years ago, will become the first surgeon to lead HSS as CEO when the transition is complete later this year. "Dr. Padgett has distinguished himself among the many giants in our field who call HSS home," said Kelly, who added the title of President last month. "I have appreciated the power of his example over many years, and look forward to further strengthening the impact of our close partnership in the years ahead."
Shapiro said he views Padgett's advancement to Surgeon-in-Chief later this year to be a capstone on his own legacy. During Shapiro's tenure, HSS grew more than 300 percent, and improved its performance across clinical quality, patient experience, employee engagement, financially, and market positioning.
"Dr. Padgett was Chief of the Hip Service when I arrived at HSS in 2006, and since that time has emerged as a beacon of leadership and the values and purpose of the organization," said Shapiro. "It has been my priority to leave the people and patients of HSS today and tomorrow in the very best of hands, and I can think of no leaders more able and worthy than Dr. Padgett and Dr. Kelly."
"I am deeply humbled by this honor and responsibility, and mindful of the giants on whose shoulders I will stand and those with whom I am privileged to serve alongside," said Padgett. "We will continue to advance the quality and reliability of patient outcomes, and the field of musculoskeletal health worldwide, through focused excellence in research, education, innovation and clinical care."
About HSS
HSS is the world's leading academic medical center focused on musculoskeletal health. At its core is Hospital for Special Surgery, nationally ranked No. 1 in orthopedics (for the 13th consecutive year), No. 3 in rheumatology by U.S. News & World Report (2022-2023), and the best pediatric orthopedic hospital in NY, NJ and CT by U.S. News & World Report "Best Children's Hospitals" list (2022-2023). In a survey of medical professionals in more than 20 countries by Newsweek, HSS is ranked world #1 in orthopedics for a third consecutive year (2023). Founded in 1863, the Hospital has the lowest complication and readmission rates in the nation for orthopedics, and among the lowest infection rates. HSS was the first in New York State to receive Magnet Recognition for Excellence in Nursing Service from the American Nurses Credentialing Center five consecutive times. An affiliate of Weill Cornell Medical College, HSS has a main campus in New York City and facilities in New Jersey, Connecticut and in the Long Island and Westchester County regions of New York State, as well as in Florida. In addition to patient care, HSS leads the field in research, innovation and education. The HSS Research Institute comprises 20 laboratories and 300 staff members focused on leading the advancement of musculoskeletal health through prevention of degeneration, tissue repair and tissue regeneration. The HSS Innovation Institute works to realize the potential of new drugs, therapeutics and devices. The HSS Education Institute is a trusted leader in advancing musculoskeletal knowledge and research for physicians, nurses, allied health professionals, academic trainees, and consumers in more than 145 countries. The institution is collaborating with medical centers and other organizations to advance the quality and value of musculoskeletal care and to make world-class HSS care more widely accessible nationally and internationally. www.hss.edu.
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SOURCE Hospital for Special Surgery | https://www.mysuncoast.com/prnewswire/2023/02/15/world-leader-musculoskeletal-health-hss-announces-douglas-e-padgett-md-become-next-surgeon-in-chief-medical-director/ | 2023-02-15 16:02:15 | 1 | https://www.mysuncoast.com/prnewswire/2023/02/15/world-leader-musculoskeletal-health-hss-announces-douglas-e-padgett-md-become-next-surgeon-in-chief-medical-director/ |
Miller, Wong combine for 47, rally Miami past NC State 80-73
CORAL GABLES, Fla., (AP) — Jordan Miller and Isaiah Wong combined to score 47 points and Miami held off North Carolina State to take an 80-73 victory. The Hurricanes have won six straight games after dropping an 88-70 decision to Maryland. | https://localnews8.com/news/2022/12/10/miller-wong-combine-for-47-rally-miami-past-nc-state-80-73/ | 2022-12-11 00:22:32 | 0 | https://localnews8.com/news/2022/12/10/miller-wong-combine-for-47-rally-miami-past-nc-state-80-73/ |
Mother, 3 children killed in Indiana house fire
FREMONT, Ind. (WPTA) - An early morning house fire claimed the lives of a mother and her three children, according to Indiana State Police.
Dispatch in Steuben County says a call came in around 5:02 a.m. Saturday on reports of a house fire in Fremont. According to officials, four nearby fire departments arrived on the scene at 5:09 a.m. to help assist.
Firefighters say they found three children and a woman inside the burning home, WPTA reports.
Fire officials say the three children were taken to a local hospital, where they later died. The mother, police say, was airlifted from the scene to a hospital in Fort Wayne, where she also died.
Officials say the four victims were believed to be in a single bedroom.
The Steuben County Coroner’s office has confirmed the identities of the four victims but will not release any information until the extended family is notified.
The State Fire Marshal’s Office is currently investigating the fire. Preliminarily, the fire appears to have started on the second floor in an area that was not occupied at the time.
The investigation will take time to complete, and that information may not be readily available for some time.
Copyright 2023 WPTA via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2023/01/15/mother-three-children-killed-indiana-house-fire/ | 2023-01-15 05:39:01 | 0 | https://www.kxii.com/2023/01/15/mother-three-children-killed-indiana-house-fire/ |
Festival To Take Place October 8-9 At Central Park In Old 4th Ward Atlanta.
ATLANTA, June 22, 2022 /PRNewswire/ -- In its twelfth year in existence and second year in partnership with Live Nation Urban, ONE Musicfest (OMF), the Southeast's premier urban progressive music and arts festival – has announced the lineup for its 2022 two-day festival taking place Saturday, October 8th and Sunday, October 9th, 2022, at Central Park, located at 395 Piedmont Ave NE, Atlanta, GA 30308 in the Old Fourth Ward neighborhood of Atlanta, GA. This year's new location in Old 4th Ward brings you a bigger venue, four stages, and more music. Not only will OMF utilize Central Park but also Renaissance Park, and the Civic Center, doubling its size from last year.
Please find the ONE Musicfest map, schedule, and full lineup on the website.
With over 35,000+ attendees last year, ONE Musicfest has become known for its eclectic mashup of unforgettable superstar and emerging artists, high-energy performances, and unique cultural experiences.
ONE Musicfest also welcomes BET as a partner who will turn the festival grounds into a Black Joy Playground.
In addition, this year's festival will host over forty food trucks and more than fifty vendors to patronize.
J. Carter, Founder of ONE Musicfest, states, "We are super excited about this year's line-up and new location. One thing we pride ourselves on is creating a diverse line-up that reflects the vast & beautiful breath of Black Music and Culture. We are also taking over the 4th Ward Area in Atlanta, GA, and increasing our footprint to four stages instead of three. ONE Musicfest 2022 will be our biggest year yet, but we still plan to keep the energy and vibrations intimate and comfortable."
The 2022 One Musicfest Lineup includes (in alphabetical order):
Ashanti & Ja Rule, Beenie Man, City Girls, Gucci Mane, Jazmine Sullivan, Jeezy, Lil Baby, Ms. Lauryn Hill, Rick Ross, Tems, and more.
To hear music from the artists performing at this year's festival, listen to ONE Musicfest Radio only on Pandora. Listen here.
ONE Musicfest tickets are available here and range from general admission entry @ $169.00 to Titanium packages @ $5500.00. Please go to ONE Musicfest's website for details on packages.
Sponsors include:
Toyota, Jack Daniels, Bacardi, Pandora, Monster Energy, and more
In its twelfth year, ONE Musicfest (OMF) is the Southeast's largest two-day urban progressive music festival and has become a destination festival attracting over 50,000+ diverse music lovers from all over the nation. OMF has become known for its eclectic mashup of urban artists that have included H.E.R., SZA, Kendrick Lamar, Summer Walker, Pharrell, Lil Wayne, 2 Chainz, Miguel, Outkast, Gucci Mane, Usher, Rick Ross, Lucky Daye, Lauryn Hill, Anderson Paak, Erykah Badu, DVSN, Damian Marley, Ari Lennox, A$AP Rocky, T.I, Jill Scott, The Roots, Jhene Aiko, Janelle Monae and many more!
Live Nation Urban (LNU) is a partnership with Live Nation Entertainment, the world's leading live entertainment company. Specifically focusing on Hip-Hop, R&B, and Gospel, LNU builds platforms, events, and festivals globally and develops dynamic content strategies based upon the live properties created. Live Nation Urban considers itself the most powerful source for live urban music. For additional information, visit www.livenationurban.com.
Social:
Twitter: @onemusicfest #ONEMusicFest #OMF2022
Instagram: @onemusicfest #ONEMusicFest #OMF2022
Facebook: Facebook.com/ONEMusicFest
Website: onemusicfest.com
For more information, contact:
ONE MusicFest
Tresa Sanders: tresa@tre-media.net
Live Nation Urban
Carleen Donovan: carleen@theoriel.co
Nina Lee: nina@theoriel.co
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SOURCE ONE MusicFest | https://www.mysuncoast.com/prnewswire/2022/06/22/one-musicfest-amp-live-nation-urban-announces-2022-lineup-performers-include-lil-baby-ms-lauryn-hill-jazmine-sullivan-rick-ross-gucci-mane-jeezy-ashanti-amp-ja-rule-city-girls-beenie-man-tems-more/ | 2022-06-22 15:30:59 | 1 | https://www.mysuncoast.com/prnewswire/2022/06/22/one-musicfest-amp-live-nation-urban-announces-2022-lineup-performers-include-lil-baby-ms-lauryn-hill-jazmine-sullivan-rick-ross-gucci-mane-jeezy-ashanti-amp-ja-rule-city-girls-beenie-man-tems-more/ |
Men to compete in Olympic Artistic Swimming for first time at Paris 2024
By Matt Foster, CNN
Male athletes will be allowed to compete in Olympic Artistic Swimming events for the first time at the Paris 2024 Olympic Games, the aquatic sports’ global governing body FINA said on Thursday.
The news comes after the International Olympic Committee approved World Aquatics’ request to permit the inclusion of men at the Games. Artistic Swimming was known as Synchronized Swimming until 2017.
At the Paris Olympics, men will be permitted in the team Artistic Swimming event. Each team is made up of eight athletes, with a maximum of two men allowed per team.
“This is a day of celebration for those who have campaigned for the inclusion of men in the sport at the Olympic Games and who have pioneered men’s participation,” said FINA in a statement.
Men have been allowed to compete in the sport at the World Aquatics Championships since 2015.
“Aquatics sports are universal and men have proven themselves to be excellent artistic swimmers,” World Aquatics President Husain Al-Musallam said of the rule change.
“I look forward to seeing this new dimension of artistic swimming being shared with the world in Paris. The inclusion of men in artistic swimming is a great credit to all those who have worked for many years to make this happen.”
American athlete Bill May, who became the inaugural winner of the mixed duet technical event alongside Christina Jones in 2015, hailed the landmark announcement.
“The inclusion of men in Olympic Artistic Swimming was once considered the impossible dream,” May said.
“This proves that we should all dream big. The male athletes have endured. Now, through their perseverance and the help and support of so many, all athletes may stand alongside each other equally, reaching for Olympic glory,” May added.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. | https://localnews8.com/news/2022/12/22/men-to-compete-in-olympic-artistic-swimming-for-first-time-at-paris-2024/ | 2022-12-22 16:40:08 | 0 | https://localnews8.com/news/2022/12/22/men-to-compete-in-olympic-artistic-swimming-for-first-time-at-paris-2024/ |
Highmark Wholecare, formerly Gateway Health, has been a leading managed care organization for 30 years
PITTSBURGH, Aug. 31, 2022 /PRNewswire/ -- Highmark Wholecare, formerly Gateway Health, has been selected by the Pennsylvania Department of Human Services (DHS) as a Medicaid managed care organization (MCO) through the 2019 Pennsylvania HealthChoices Physical Health request for applications (RFA) process. The 2019 HealthChoices Physical Health RFA results will be implemented on Sept. 1, 2022.
Established in 1992, Highmark Wholecare is a leading mission-driven, member-centric managed care organization dedicated to caring for the total health of its members. Through its robust Medicaid and Medicare programs – and in collaboration with a network of 29,000 primary care physicians, specialists, hospitals, community partners and other ancillary providers – Highmark Wholecare coordinates health care that goes beyond doctors and medicine that helps members achieve whole life health.
In 2021, Highmark Wholecare's Medicaid plan in Pennsylvania achieved a Medicaid Accreditation score of 4.0 (out of 5 stars) from the National Committee for Quality Assurance (NCQA). Highmark Wholecare Medicare Advantage dual-eligible special needs plans (D-SNPs) earned a 4.5-star quality rating (out of five stars) for contract year 2022 from the Centers for Medicare and Medicaid Services (CMS).
"At Highmark Wholecare, our mission is to care for the whole person in communities where the need is greatest, and we see a future where everyone has an equal opportunity to achieve their best health," said Ellen Duffield, President and Chief Executive Officer, Highmark Wholecare. "We are proud that the state entrusts us to care for vulnerable families and communities. Our corporate headquarters are in Pittsburgh and our membership resides exclusively in Pennsylvania. The majority of our associates live and work in the state. Our members are our neighbors."
Along with its extensive provider network, Highmark Wholecare's care model includes coordinating with a wide range of community partners to help address members' social determinants of health (SDoH) needs. Social determinants of health are the conditions in which people are born, grow, live, work and age. Up to 80% of a person's health is determined by these factors, which can include lack of access to quality food, housing, education, jobs and transportation.
"We pride ourselves on being a community-based health plan, supporting not only our members, but organizations within the communities we serve that provide the types of resources and assistance that our members need," Duffield said. "We are proud to help local businesses and non-profits in pursuit of providing our members with the best care possible so they can live healthier lives and achieve not just physical health, but whole life health."
Highmark Wholecare has prepared for the HealthChoices implementation by executing a stringent internal review of the nearly 2,000 readiness items requested by DHS prior to implementation.
"For nearly a year, we have been preparing diligently for the HealthChoices implementation to ensure there is no disruption of care for any of our members," Duffield added. "We identified and empowered a dedicated readiness team that has followed the guidance set forth by DHS. The process has proceeded so smoothly that by the end of 2021 we had addressed 99% of the readiness items requested by DHS."
In 2021, Highmark Health acquired full ownership of Gateway Health, after previously holding a 50% ownership interest. Gateway Health was established in 1992 through a partnership that included Highmark Health and Mercy Health.
Highmark Health acquiring sole ownership paved the way for Gateway Health to become a Blue Cross Blue Shield licensee. Highmark Wholecare Blue Cross and/or Blue Shield Medicaid and Medicare Advantage D-SNP health plans became available across Pennsylvania on Jan. 1, 2022.
We believe in caring for the whole person in all communities where the need is greatest. We see a future in which everyone has equal opportunity to achieve their best health. Through our leading Medicaid and Medicare programs, we are coordinating healthcare that goes beyond doctors and medicine that helps members achieve not just physical health, but also delivers whole person care. Our associates are helping to drive this new kind of healthcare for our 370,000 Medicaid and Medicare members in collaboration with a network of 29,000 primary care physicians, specialists, hospitals, and other ancillary providers. We are also committed to supporting our neighbors through our many community outreach and engagement programs.
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SOURCE Highmark Wholecare | https://www.mysuncoast.com/prnewswire/2022/08/31/highmark-wholecare-selected-by-pennsylvania-care-states-most-vulnerable-citizens/ | 2022-08-31 20:13:44 | 1 | https://www.mysuncoast.com/prnewswire/2022/08/31/highmark-wholecare-selected-by-pennsylvania-care-states-most-vulnerable-citizens/ |
The fifth annual awards celebrate the Relativity user community through a revamped program and in-person ceremony
CHICAGO, Oct. 27, 2022 /PRNewswire/ -- Relativity, a global legal and compliance technology company, today announced the winners of this year's Innovation Awards at the 13th annual Relativity Fest. The Innovation Awards program celebrates trailblazing individuals and teams who are building custom solutions, empowering their colleagues or clients, and shaping new paths to benefit the industry and its communities.
"The winners for the Innovation Awards become more impressive each year as they demonstrate how they are uniquely influencing the industry to do better, whether it relates to integrating new AI and technology, or creating stronger inclusion programming," said James Zinn, Director of Commercial Partnerships at Relativity. "All of us at Relativity are excited to see how they will continue to transform the industry in their own ways."
This year, AI, security, customer experience, and education and mentorship are at the forefront of Relativity's awards program. Additionally, the awards are shaped differently than previous years with six individual awards and two team awards for Best Innovation. The winners hail from or work directly with organizations large and small, private and public, like Meta, the United Nations and FTI Consulting, just to name a few. Judges selected Best Innovation Enterprise and Service Provider winners based on their use of various APIs and extensibility points to streamline processes, automate repetitive tasks and create solutions to Relativity's customers' most strategic challenges.
"We're ecstatic that, this year, 50% of award nominees and 5-out-of-6 winners are women. This demonstrates the strides that the industry has made over the last few years to not only be more inclusive of women, but more vocal in celebrating their incredible contributions," said Blair Cohen, host of the 2022 Innovation Awards and leader of Relativity's Stellar Women podcast. "Each of the 2022 winners is a shining example of how the industry is changing for the better and we look forward to their continued success in their respective roles and fields."
The 2022 winners are:
- Artificial Intelligence: Kelly Friedman, Senior Counsel & National Leader, Beyond eDiscovery at Borden Ladner Gervais LLP
- Customer Experience: Adrian Agius, Legal Informatics Manager/Information Systems Officer, Gilbert + Tobin/International Criminal Court
- Education & Mentorship: Lauren Roso, Engagement Director at ProSearch
- Inclusion: Farrah Pepper, Chief Legal Innovation Counsel at Marsh McClennan
- Security: Inés Rubio, Senior Director at FTI Consulting
- Stellar Women: Allison Stanton Director & Associate General Counsel, eDiscovery & Information Governance at Meta
- Best Innovation: Enterprise: Troutman Pepper for eMerge Xtractor
- Best Innovation: Service Provider: Lineal Services for Lineal Amplify and Lineal Images
Judges selected Innovation Awards winners based on their ability to answer challenging problems with impactful solutions. Each of the individual award winners above exemplifies what it means to be a changemaker at the individual, organizational and industry levels. While the individual category awards are determined by a Community vote, the Best Innovation Enterprise and Service Provider awards are determined by Relativity committees.
Relativity congratulates all submissions for the innovative work delivered this past year.
Relativity makes software to help users organize data, discover the truth and act on it. Its SaaS product RelativityOne manages large volumes of data and quickly identifies key issues during litigation and internal investigations. The AI-powered communication surveillance product, Relativity Trace proactively detects regulatory misconduct like insider trading, collusion and other non-compliant behavior. Relativity has more than 300,000 users in approximately 40 countries serving thousands of organizations globally primarily in legal, financial services and government sectors, including the U.S. Department of Justice and 198 of the Am Law 200. Relativity has been named one of Chicago's Top Workplaces by the Chicago Tribune for 10 consecutive years. Please contact Relativity at sales@relativity.com or visit http://www.relativity.com for more information.
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SOURCE Relativity | https://www.wibw.com/prnewswire/2022/10/27/relativity-recognizes-eight-trailblazers-2022-innovation-awards-ceremony/ | 2022-10-28 00:40:39 | 1 | https://www.wibw.com/prnewswire/2022/10/27/relativity-recognizes-eight-trailblazers-2022-innovation-awards-ceremony/ |
Florida Gov. Ron DeSantis declined on Wednesday to address a pair of controversial migrant flights to California — and Gov. Gavin Newsom’s criticism of them — even as he railed against a “crisis” on the U.S. southern border and so-called “sanctuary jurisdictions” that provide refuge to many migrants and asylum seekers.
Speaking during a roundtable in Sierra Vista, Ariz., alongside a group of sheriffs, DeSantis accused President Biden and his administration of blatantly ignoring immigration laws and abdicating their national security duties, calling on individual states and local law enforcement to fill a “void” left by the federal government.
Yet he made no direct mention of his state’s decision to fly two groups of migrants — most of them from Venezuela — to Sacramento, Calif., in recent days. He also declined to directly address criticism from Newsom, who on Monday called DeSantis a “small, pathetic man” and floated the possibility of kidnapping charges against Florida officials for their role in the flights.
The first flight landed in Sacramento on Friday, while a second planeload of migrants arrived in the city on Monday. California officials, including the state’s Democratic attorney general, blamed DeSantis and his administration for the arrivals, claiming that the migrants carried papers indicating that they came from Florida.
The Florida Division of Emergency Management confirmed on Tuesday that the state was behind the flights, but pushed back against the suggestion that the stunts amounted to kidnapping. In confirming the state’s role in the flights, officials provided a video apparently showing that the individuals who were relocated did so voluntarily.
“From left-leaning mayors in El Paso, Texas, and Denver, Colorado, the relocation of those illegally crossing the United States border is not new,” Alecia Collins, a spokesperson for the division said in a statement. “But suddenly, when Florida sends illegal aliens to a sanctuary city, it’s false imprisonment and kidnapping.”
Still, DeSantis didn’t tout his state’s role in the flights on Wednesday, choosing instead to stick to broader themes of border security and the dangers posed by illegal immigration. He also hammered “sanctuary” cities and states, like California, arguing that they’ve contributed to the influx of undocumented immigrants, who have come over the southern border.
“That’s the policies that they’ve staken out,” DeSantis said. “And then what? When they have to deal with some of the fruits of that, they all of a sudden become very, very upset about that.”
DeSantis also suggested that states like California are more alluring for migrants, arguing they often provide benefits regardless of legal status.
“You can see why some people, when they’re coming illegally — a place like California, they give benefits, they give unemployment checks,” he said.
The flights to Sacramento weren’t the first instance of DeSantis’s administration paying to transport migrants to bluer areas. Last year, state officials helped fly dozens of migrants from San Antonio, Texas to the elite Massachusetts resort town of Martha’s Vineyard.
DeSantis, who’s just two weeks into a 2024 presidential bid, has mentioned that decision on the campaign trail in recent days. At a recent event in Iowa, he boasted about sending “illegal aliens to beautiful Martha’s Vineyard.”
The Florida governor has made border security and illegal immigration a key theme of his nascent 2024 campaign, vowing to complete the border wall promised by former President Donald Trump and blaming Biden for a worsening “mass-migration” crisis.
Discussing the U.S. southern border at the roundtable event in Arizona on Wednesday, DeSantis was blunt.
“I think the whole thing needs to be shut down,” he said. | https://cw33.com/hill-politics/desantis-dodges-on-california-migrant-flights-newsom-in-border-roundtable/ | 2023-06-07 23:33:55 | 1 | https://cw33.com/hill-politics/desantis-dodges-on-california-migrant-flights-newsom-in-border-roundtable/ |
All Arizonans need is a few dollars, a dream, and a phone to play official, lottery game favorites with the secure and mobile-friendly Jackpocket App
PHOENIX, Jan. 6, 2023 /PRNewswire/ -- Jackpocket, the #1 lottery app in the U.S.*, today announced its launch in Arizona in partnership with Circle K, one of the largest convenience store brands in the U.S., as Mega Millions nears $1 billion.
Now, lottery lovers in Arizona can use Jackpocket to easily play well-known, exciting lottery game favorites, including Powerball, Mega Millions, The Pick, Fantasy 5, and Pick 3 all from the comfort of their own homes.
The mobile experience allows all Arizona players to conveniently order and view their tickets, check lottery results, receive prizes up to $599, and make payouts directly through the app. And when Arizonans win BIG, winning tickets can be picked up or securely delivered so players can claim their prizes from the Arizona Lottery.
"Circle K is proud to partner with Jackpocket to make this fun, user-friendly experience available to every player in Arizona," said Melissa Lessard, head of North American Marketing at Circle K, "We strive to make our customers' lives a little easier every day, and our partnership with Jackpocket aligns closely with this mission by making lottery more accessible, user-oriented and convenient."
As a third-party lottery courier service, Jackpocket aims to broaden access to the Arizona Lottery through a seamless, digital experience for a mobile-first demographic. Over 67 percent of Jackpocket players are between the ages of 18-45 years old.
Jackpocket players have won over $225 million in lottery prizes to date and 24 individual players have won prizes worth $1 million or more. Arizona is now the 15th state available for lottery play using the Jackpocket app.
"Circle K is known around the world for offering quality products and services and is one of the top lottery retailers in Arizona. Together, we are excited to offer long-time lottery enthusiasts and new players a more accessible and fun way to play their favorite lottery games," said Jackpocket CEO and Founder Peter Sullivan. "At Jackpocket, we are committed to innovating the digital gaming space in a safe and meaningful manner to ensure player safety," continued Sullivan.
To celebrate, Jackpocket is offering Arizonans their first lottery ticket free on the app. New players can receive a $2 lottery ticket by downloading Jackpocket and entering the code HEYAZ at checkout.
As the number one lottery app in the U.S., Jackpocket dedicates itself to player safety by offering various consumer protections such as daily deposit and spending limits, self-exclusion, and in-app access to responsible gaming resources. What's more, Jackpocket is a member of the National Council on Problem Gambling (NCPG) and the first third-party lottery service to receive a responsible gaming certification from the Internet Responsible Gambling Compliance Assessment Program at the NCPG.
For more information, visit jackpocket.com or download the Jackpocket app on iOS or Android.
*According to data from AppFollow. Must be 21 or older to order or redeem tickets. Jackpocket is not affiliated with and is not an agent of the Arizona Lottery. Please visit jackpocket.com/tos for full terms of service. Gambling problem? Call 1.800.NEXT STEP (1-800-639-8783).
Jackpocket is on a mission to create a more convenient, fun, and responsible way to play the lottery. The first licensed third-party lottery courier app in the United States, Jackpocket provides an easy, secure way to order official state lottery tickets. Jackpocket is currently available in Arizona, Arkansas, Colorado, Idaho, Minnesota, Montana, New Hampshire, New Jersey, New Mexico, New York, Ohio, Oregon, Texas, West Virginia, and Washington, D.C., and is expanding to many new markets. Download the app on iOS or Android and follow along on Facebook, Twitter and Instagram.
Circle K is a wholly owned subsidiary of Alimentation Couche-Tard ("Couche-Tard"). Couche-Tard is a global leader in convenience and fuel retail, operating in 24 countries and territories, with more than 14,300 stores, of which approximately 10,900 offer road transportation fuel. With its well-known Couche-Tard and Circle K banners, it is one of the largest independent convenience store operators in the United States and it is a leader in the convenience store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics, as well as in Ireland. It also has an important presence in Poland and Hong Kong SAR. Approximately 122,000 people are employed throughout its network.
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SOURCE Jackpocket | https://www.wibw.com/prnewswire/2023/01/06/jackpocket-1-lottery-app-us-launches-into-arizona/ | 2023-01-06 14:48:15 | 1 | https://www.wibw.com/prnewswire/2023/01/06/jackpocket-1-lottery-app-us-launches-into-arizona/ |
Stricker’s lead at 3 going into finale at Regions Tradition
BIRMINGHAM, Ala. (AP) — Steve Stricker continued his strong comeback with a 6-under 66 that included a closing birdie to carry a three-stroke lead over Steven Alker into the final round of the Regions Tradition. Playing his third straight tournament after a six-month hiatus for health reasons, Stricker was at 17-under 199 and seeking his second win in the past three tries in the PGA Tour Champions major at Greystone Golf & Country Club. Stricker is seeking his fourth major championship on the 50-and-over circuit. Alker birdied the final two holes for a 65. | https://localnews8.com/sports/ap-national-sports/2022/05/14/strickers-lead-at-3-going-into-finale-at-regions-tradition/ | 2022-05-14 23:24:33 | 1 | https://localnews8.com/sports/ap-national-sports/2022/05/14/strickers-lead-at-3-going-into-finale-at-regions-tradition/ |
Florida GOP passes 6-week abortion ban, DeSantis supports
TALLAHASSEE, Fla. (AP) — The Republican-dominated Florida Legislature on Thursday approved a ban on abortions after six weeks of pregnancy, a proposal supported by GOP Gov. Ron DeSantis as he prepares for an expected presidential run.
DeSantis is expected to sign the bill into law. Florida currently prohibits abortions after 15 weeks.
A six-week ban would give DeSantis a key political victory among Republican primary voters as he prepares to launch a presidential candidacy built on his national brand as a conservative standard bearer.
The policy would also have wider implications for abortion access throughout the South in the wake of the U.S. Supreme Court’s decision last year overturning Roe v. Wade and leaving decisions about abortion access to states. Alabama, Louisiana and Mississippi have banned abortion at all stages of pregnancy, while Georgia forbids the procedure after cardiac activity can be detected, which is around six weeks.
“We have the opportunity to lead the national debate about the importance of protecting life and giving every child the opportunity to be born and find his or her purpose,” said Republican Rep. Jenna Persons-Mulicka, who carried the bill in the House.
Democrats and abortion-rights groups have criticized Florida’s proposal as extreme.
“This ban would prevent four million Florida women of reproductive age from accessing abortion care after six weeks — before many women even know they’re pregnant,” White House press secretary Karine Jean-Pierre said in a statement issued after Thursday’s vote. “This ban would also impact the nearly 15 million women of reproductive age who live in abortion-banning states throughout the South, many of whom have previously relied on travel to Florida as an option to access care.”
The bill contains some exceptions, including to save the woman’s life. Abortions for pregnancies involving rape or incest would be allowed until 15 weeks of pregnancy, provided a woman has documentation such as a restraining order or police report. DeSantis has called the rape and incest provisions sensible.
Drugs used in medication-induced abortions — which make up the majority of those provided nationally — could be dispensed only in person or by a physician under the Florida bill. Separately, nationwide access to the abortion pill mifepristone is being challenged in court.
Florida’s six-week ban would take effect only if the state’s current 15-week ban is upheld in an ongoing legal challenge that is before the state Supreme Court, which is controlled by conservatives.
“I can’t think of any bill that’s going to provide more protections to more people who are more vulnerable than this piece of legislation,” said Republican Rep. Mike Beltran, who said the bill’s exceptions and six-week timeframe represented a compromise.
Abortion bans are popular among some religious conservatives who are part of the GOP voting base, but the issue has motivated many others to vote for Democrats. Republicans in recent weeks and months have suffered defeats in elections centered on abortion access in states such as Kentucky, Michigan and Wisconsin.
“Have we learned nothing?” House Democratic Minority Leader Fentrice Driskell said of recent elections in other states. “Do we not listen to our constituents and to the people of Florida and what they are asking for?”
DeSantis, who often places himself on the front lines of culture war issues, has said he backs the six-week ban but has appeared uncharacteristically tepid on the bill. He has often said, “We welcome pro-life legislation,” when asked about the policy.
DeSantis is expected to announce his presidential candidacy after the session ends in May, with his potential White House run in part buoyed by the conservative policies approved by the Republican supermajority in the Statehouse this year.
Democrats, without power at any level of state government, have mostly turned to stall tactics and protests to oppose the bill, which easily passed both chambers on largely party-line votes. The Senate approved it last week, and the House did so Thursday.
A Democratic senator and chairwoman of the Florida Democratic Party were arrested and charged with trespassing during a protest in Tallahassee against the six-week ban. In a last ditch move to delay the bill’s passage in the House on Thursday, Democrats filed dozens of amendments to the proposal, all of which were rejected by Republicans.
“Women’s health and their personal right to choose is being stolen,” said Democratic Rep. Felicia Simone Robinson. “So I ask: Is Florida truly a free state?”
Copyright 2023 The Associated Press. All rights reserved. | https://www.kxii.com/2023/04/13/florida-gop-passes-6-week-abortion-ban-desantis-supports/ | 2023-04-13 21:44:55 | 0 | https://www.kxii.com/2023/04/13/florida-gop-passes-6-week-abortion-ban-desantis-supports/ |
TACOMA, Wash., June 30, 2022 /PRNewswire/ -- Columbia Banking System, Inc. ("Columbia" NASDAQ: COLB) expects to report second quarter 2022 financial results before the market opens on Thursday, July 21, 2022. Management will discuss these results on a conference call scheduled for Thursday, July 21, 2022 at 11:00 a.m. Pacific Time (2:00 p.m. ET).
Interested parties may register for the call here to receive dial-in details and their own unique PINs or join the webcast here. It is recommended you join 10 minutes prior to the start time.
A replay of the webcast will be accessible beginning Friday, July 22, 2022 here.
Headquartered in Tacoma, Washington, Columbia Banking System, Inc. (NASDAQ: COLB) is the holding company of Columbia Bank, a Washington state-chartered full-service commercial bank with locations throughout Washington, Oregon, Idaho and California. The bank has been named one of Puget Sound Business Journal's "Washington's Best Workplaces," more than 10 times. Columbia was named on the Forbes 2022 list of "America's Best Banks" marking nearly 11 consecutive years on the publication's list of top financial institutions. More information about Columbia can be found on its website at www.columbiabank.com.
InvestorRelations@columbiabank.com
253-471-4065
This news release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which can be identified by words such as "may," "expected," "anticipate", "continue," or other comparable words. In addition, all statements other than statements of historical facts that address activities that Columbia expects or anticipates will or may occur in the future are forward-looking statements. Readers are encouraged to read the SEC reports of Columbia, particularly its form 10-K for the Fiscal Year ended December 31, 2021, for meaningful cautionary language discussing why actual results may vary materially from those anticipated by management.
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SOURCE Columbia Banking System, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/30/columbia-banking-system-announces-second-quarter-2022-earnings-release-conference-call-date/ | 2022-06-30 20:33:33 | 1 | https://www.mysuncoast.com/prnewswire/2022/06/30/columbia-banking-system-announces-second-quarter-2022-earnings-release-conference-call-date/ |
Dog with one ear paints masterpieces with his tongue
(CNN) – A dog with only one ear certainly has an eye for painting.
Like many other dogs, Van Gogh can do many tricks. But the one-eared dog has a far more unique talent in his artistic abilities.
The dog was named after the artist who cut off his own ear.
Van Gogh was rescued from a North Carolina dogfighting ring. His ear was in such bad shape at the time, it had to be amputated.
But the surgery didn’t dampen his talent as an artist.
Jaclyn Gartner, the founder of Happily Furever After Rescue in Connecticut, helps him paint by placing gobs of paint on a canvas, then sliding the canvas into a plastic bag coated with peanut butter. When he licks the peanut butter off, the paint is smeared around to make a design.
Van Gogh recently had a gallery show to raise money and maybe find him a permanent home, but only two people showed up.
Nevertheless, sympathy and publicity made Van Gogh a doggie art star. He’s sold 30 works at about $40 a piece.
But the 7-year-old, 75 pound boxer-pit bull mix still needs a home.
“He would love someone who would cuddle him because he’s a cuddler,” Gartner said.
The artist might be bored with a ball, but he loves bacon bits and is a “go-with-the-flow type of dog,” according to Gartner.
Van Gogh is not the only animal waiting for a home at the rescue; more than a dozen pets are also available.
More details can be found at the Happily Furever After Rescue website.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/11/03/dog-with-one-ear-paints-masterpieces-with-his-tongue/ | 2022-11-03 18:53:03 | 0 | https://www.kxii.com/2022/11/03/dog-with-one-ear-paints-masterpieces-with-his-tongue/ |
BETHESDA, Md, June 16, 2022 /PRNewswire/ -- Centrus Energy Corp. (NYSE American: LEU) intends to hold the Annual Meeting of Stockholders (the "2022 Annual Meeting") on Thursday, June 23, 2022, at 10:00 a.m., Eastern Daylight Time. The 2022 Annual Meeting will be completely virtually and will be conducted via live webcast. More information can be found in the company's proxy statement for the 2022 Annual Meeting.
Centrus Energy is a trusted supplier of nuclear fuel and services for the nuclear power industry. Centrus provides value to its utility customers through the reliability and diversity of its supply sources – helping them meet the growing need for clean, affordable, carbon-free electricity. Since 1998, the Company has provided its utility customers with more than 1,750 reactor years of fuel, which is equivalent to 7 billion tons of coal. With world-class technical and engineering capabilities, Centrus is also advancing the next generation of centrifuge technologies so that America can restore its domestic uranium enrichment capability in the future. Find out more at www.centrusenergy.com.
Contacts:
Investors: Dan Leistikow LeistikowD@centrusenergy.com
Media: Lindsey Geisler GeislerLR@centrusenergy.com
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SOURCE Centrus Energy Corp. | https://www.mysuncoast.com/prnewswire/2022/06/16/centrus-hold-2022-annual-meeting-stockholders-june-23rd/ | 2022-06-16 21:47:52 | 0 | https://www.mysuncoast.com/prnewswire/2022/06/16/centrus-hold-2022-annual-meeting-stockholders-june-23rd/ |
WASHINGTON, March 1, 2023 /PRNewswire/ -- The Consumer Healthcare Products Association's (CHPA) Educational Foundation today announced the launch of HealthInHand.org, its rebranded online destination and go-to resource for information on self-care products. Formerly called KnowYourOTCs.org, the newly rebuilt and renamed website provides additional content beyond just over-the-counter (OTC) medicines, covering both dietary supplements and consumer medical devices for a more wholistic focus on consumer healthcare.
The self-care landscape is ever-changing and continually presenting people with an increasing number of options and choices – which can sometimes feel overwhelming. Health In Hand aims to ease confusion through improved tools and curated resources that will help visitors take charge of their self-care decisions quickly and confidently.
Health In Hand visitors will benefit from a modern, user-friendly design, which includes robust search functionality, intuitive navigation, and an extensive library of self-care resources written by healthcare professionals and industry experts. The site also features a simplified symptom relief section, a catalogue of common self-care products, and an active ingredient glossary.
"This redesign is more than just a fresh coat of paint," said Anita Brikman, Executive Director of CHPA's Educational Foundation. "Health In Hand is the result of many months of hard work, thoughtful design, targeted testing, and innovative development. We're decoding dosing, explaining ingredients, simplifying safety, and helping visitors choose the types of products they need to make the most of their health. Health In Hand is tested, trusted, and clear – a genuine reflection of our Foundation's mission to continually help people understand how to safely choose and use self-care products."
The site's two brand new sections include "My Self-Care", which tailors content to different life stages and age-specific categories, and "Healthy Living", which focuses on health maintenance routines and daily self-care needs, including vitamins and supplements, staying safe in the sun, or maintaining healthy sleep habits. Specific to dietary supplements, Health In Hand provides curated content to deliver the facts people need to safely choose and use these products. The site also breaks down this information for certain groups of people who may need higher levels of specific nutrients based on their diet or stage of life.
"No decisions are more personal than those we make about our health," said Mary Leonard, Vice President of CHPA's Educational Foundation. "As more people embrace the evolving self-care landscape, the ways in which they are seeking health information is also changing. To ensure our Foundation's resources remain a trusted source for consumers, we must consistently meet them wherever they are, and that's exactly what Health In Hand is designed to do. We're simplifying self-care. Our newly updated mobile-friendly website means people will always have expert advice and dynamic content right at their fingertips, so they feel empowered to take self-care decisions into their own hands whether in the pharmacy aisle, on-the-go, or at their child's bedside."
"Given the proliferation of products in the self-care industry, including dietary supplements, people have more choices to support their health and wellness than ever before," said Kyle Stenzel, CHPA Educational Foundation Chair and Senior Vice President of Sales & Global Supply Chain for Combe, Inc. "Health In Hand cuts through the confusion and inspires confidence for people to make safe and effective self-care decisions, which is at the heart of the Foundation's mission."
The Consumer Healthcare Products Association (CHPA) Educational Foundation is a 501 (c)(3) nonprofit organization that empowers consumers to make smart self-care decisions by providing information and guidance on how to safely use, store, and dispose of OTC medicines and dietary supplements. Its mission is to serve as the trusted source of information on the responsible use of consumer healthcare products. Visit chpa.org/Foundation or HealthInHand.org for more information.
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SOURCE Consumer Healthcare Products Association | https://www.wibw.com/prnewswire/2023/03/01/chpa-educational-foundation-launches-healthinhandorg-empowering-people-take-greater-control-over-self-care-decisions/ | 2023-03-01 16:48:57 | 0 | https://www.wibw.com/prnewswire/2023/03/01/chpa-educational-foundation-launches-healthinhandorg-empowering-people-take-greater-control-over-self-care-decisions/ |
On Behalf of Pure Life®, the Food and Fitness Guru will Spearhead
a Social Media Challenge Aimed at Inspiring Families to
Spend Quality Time Together, Get Active and Hydrate in a Healthy Way
LOS ANGELES, May 15, 2023 /PRNewswire/ -- As summer approaches, families and friends are always looking for ideas and inspiration on how to make quality time more memorable. Pure Life® is committed to helping families—those we're born into and those we choose—enjoy life's special moments by providing simple hydration solutions. That's why Pure Life teamed up with world-class chef, television personality, philanthropist, and entrepreneur Robert Irvine to create an unforgettable Summer Challenge that will inspire consumers to come together, get active and create new routines together. Pure Life is also helping families stay hydrated this summer by giving those who enter the Summer Challenge a chance to win a year's supply of Pure Life® water.
"We are thrilled to partner with Robert Irvine to provide a guide for building healthy habits and staying active this summer for all kinds of families," said Meagan Pirog, Senior Brand Manager. "This partnership strengthens our goals of providing healthy hydration solutions to all families, whether it is the one you're born into or the one you choose."
Best known for his long-running Food Network shows Restaurant: Impossible and Dinner: Impossible, Robert Irvine is an award-winning chef and fitness authority who is equally devoted to uplifting others through his philanthropic work. A veteran and committed advocate of the military, Robert established the Robert Irvine Foundation in 2014 to support veterans and military causes. Pure Life found the ideal partner in Robert to bring the Summer Challenge to life, as both share a common dedication to community building.
"Yes, this is a fun, exciting promotion but it's so much more than that. This partnership brings together passionate, like-minded people who share the same values - Team Irvine and Pure Life - and unites us in a common cause to make families healthier and happier and bring them closer together. Working in tandem, we'll have a greater impact in this cause than we ever could alone, and I'm incredibly grateful to be a part of it," shared Robert Irvine.
This summer, be on the lookout for the Pure Life content series that features Robert showing families and friend groups how to cook his beloved recipes and challenging them to create a new routine together. The brand will release new episodes throughout the summer across social and digital channels, with followers also able to find everything—including more recipes and activities. So, cook something new, try a sport, or find a place to explore. The options are endless and what matters most is creating new routines that will keep your family active and hydrated!
Below are tentative details on how to participate in the Summer Challenge. All of which are subject to change:
- Dates of the Summer Challenge: May 1st – August 6th
- Summer Challenges will be issued on Robert's Instagram channel @chefirvine where he will post regularly. All materials will be supported on Pure Life @purelifeus.
- How To Enter: Post a video or image on Instagram and show us how you and the people you do life with are creating new activities together. Use hashtag #PureLifeSummerChallenge and follow and tag @PureLifeUS. Tell us your family's story beneath the photo or video, explaining how the routine is refreshing your summer and helping you make the most of your time together.
- Prizing:
For more information, please visit www.purelifewater.com
ABOUT PURE LIFE® PURIFIED WATER
Pure Life® is purified water that goes through a rigorous quality process to ensure a refreshing taste with every sip. It is enhanced with a blend of minerals for a crisp taste and has been a hydration solution for families for the last 20 years. Pure Life® is proud to give back through partnerships with FitOps Foundation and the University of Health & Performance to support veterans and supports families in need through work with Baby2Baby. Find out more at www.purelifewater.com
Pure Life® has a long-standing history of initiatives that support veterans as well as families in need. Examples of the work Pure Life® has done in the spaces include its partnerships with FitOps Foundation and The University of Health & Performance, organizations dedicated to supporting Veterans in living a life of purpose after their military service. In addition, Pure Life® works closely with Baby2Baby, an organization that provides essentials to families in need across the country. Pure Life® brand's disaster partners include the American Red Cross, Convey of Hope, Feeding America, Americares, and Gleanings for the Hungry through which the brand regularly donates water to those in need.
ABOUT ROBERT IRVINE
Robert Irvine is a world-class chef and entrepreneur, and a tireless philanthropic supporter of our nation's military. The host of Food Network's hit show Restaurant: Impossible, he has given struggling restaurateurs a second chance to turn their lives and businesses around in over 300 episodes and counting.
In addition to his restaurants—Robert Irvine's Public House at the Tropicana in Las Vegas and Fresh Kitchen by Robert Irvine within the Pentagon—he is the owner of FitCrunch, whose protein bars, powders, and snacks are available nationwide; Robert Irvine Foods, which makes prepared, restaurant-quality dishes available in grocery stores; and the Lansdale, PA-based Boardroom Spirits, creators of handcrafted vodka, rum, whiskey, and more. Two new signature products—Irvine's Vodka and Irvine's American Dry Gin—are in the beginning stages of a nationwide rollout.
A portion of the proceeds from all of Robert's endeavors benefit the Robert Irvine Foundation. Created in 2014, the foundation gives back to our servicemen and women and first responders.
When not filming for television or working overseas with the USO, he can be found on tour with Robert Irvine LIVE, an unpredictable interactive cooking challenge done before a live audience in packed theaters. He is also the publisher of Robert Irvine Magazine, a free digital publication delivering workouts, recipes, and motivational content.
He is the distinguished author of four cookbooks, Mission: Cook, Impossible to Easy, Fit Fuel, and Family Table By Robert Irvine, plus the business leadership book, Overcoming Impossible: How to Lead, Build a Team, and Catapult Your Business to Success. Drawing on his vast experience both in building his own businesses and helping others fix theirs, it is the ultimate distillation of his business and leadership knowledge.
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SOURCE Pure Life Purified Water | https://www.wibw.com/prnewswire/2023/05/15/pure-life-purified-water-teams-up-with-impossible-chef-robert-irvine-lead-2023-family-summer-challenge-that-kicks-off-this-may/ | 2023-05-15 19:33:47 | 1 | https://www.wibw.com/prnewswire/2023/05/15/pure-life-purified-water-teams-up-with-impossible-chef-robert-irvine-lead-2023-family-summer-challenge-that-kicks-off-this-may/ |
Yellowstone receives $118 million for replacement of Yellowstone River Bridge
MAMMOTH HOT SPRINGS, Wyo. (KIFI) – Yellowstone National Park recently awarded an approximately $118 million construction contract to replace the structurally deficient Yellowstone River Bridge on the Northeast Entrance Road near Tower Junction.
Funded by the Great American Outdoors Act (GAOA), this project will preserve year-round public access to and from the park’s Northeast Entrance and communities of Silver Gate and Cooke City, Montana.
"As a vital piece of the only road corridor in the park that is plowed for winter use, the Yellowstone River Bridge provides visitors and communities with all-season opportunities to enjoy the beauty of the world's first national park," National Park Service Director Chuck Sams said. "We are grateful for the bipartisan GAOA support that is providing funding necessary to complete large-scale infrastructure upgrades in national parks to improve safety and the visitor experience."
A new 1,285-foot-long, 175-foot-high steel girder bridge upstream will replace the existing 604-foot-long bridge, built in 1963. Additionally, GAOA funding will help construct approximately one mile of new road to line up with the replacement bridge location. New pullouts, paved parking areas, and dedicated pedestrian route across the new bridge will increase access to trails, fishing, and viewpoints. Construction will also enlarge the popular Yellowstone River Picnic Area to accommodate increased visitor use. Once complete, the existing road segment and bridge will be removed, and the area rehabilitated.
“This partnership between the Federal Highway Administration and the National Park Service, funded by the Great American Outdoors Act, will make Yellowstone National Park — an icon of the American outdoors — more accessible for millions of visitors who come to experience the geysers, canyons, rivers, and mountain ranges every year,” Federal Highway Administrator Shailen Bhatt said. “That’s not only good for families enjoying the great American outdoors — it’s critical for the economies of local communities neighboring the park.”
“We greatly appreciate the support in getting this major project funded,” Yellowstone National Park Superintendent Cam Sholly said. “This has been one of our highest deferred maintenance priorities for years and will help ensure safe visitor and community access within the northeast corridor.”
The project is scheduled to begin summer 2023 and will be completed fall 2026. Automobile traffic will use the existing bridge while the new bridge is under construction. Occasional traffic delays will be short. Once complete the existing road segment and bridge will be removed and the area will be rehabilitated. Wetlands bisected by the existing road segment will be re-established and the Lost Creek drainage currently occupied by the road segment will be restored to its original alignment.
The Federal Highway Administration awarded the construction contract to HK Contractors, INC of Idaho Falls, Idaho. This project will reduce the park’s deferred maintenance and repair needs associated with this facility by approximately $39 million. In 2022, Yellowstone reported an estimated $1 billion in deferred maintenance and repairs, more than half of which is related to park roads.
Infrastructure funding from GAOA and the Bipartisan Infrastructure Law is part of a concerted effort to address the extensive deferred maintenance and repair backlog in national parks. Supported by revenue from energy development, GAOA's Legacy Restoration Fund provides up to $1.3 billion per year for five years to the National Park Service to make significant enhancements in national parks to ensure their preservation and provide opportunities for recreation, education, and enjoyment for current and future visitors. | https://localnews8.com/news/wyoming/2023/03/23/yellowstone-receives-118-million-for-replacement-of-yellowstone-river-bridge/ | 2023-03-23 23:13:45 | 0 | https://localnews8.com/news/wyoming/2023/03/23/yellowstone-receives-118-million-for-replacement-of-yellowstone-river-bridge/ |
- Top rappers will perform at 'OKX Stage' during Rolling Loud Thailand
- Festival goers offered 'OKXclusive Pass,' a special NFT pass that allows Rolling Loud Thailand ticket holders to unlock benefits
PATTAYA, Thailand, April 3, 2023 /PRNewswire/ -- OKX, the world's second-largest crypto exchange by trading volume and a leading Web3 technology company, today announced its sponsorship of Rolling Loud, the world's premier rap festival, featuring headliners Travis Scott, Cardi B, Chris Brown and dozens of other artists to Rolling Loud Thailand, the Asia debut of the iconic musical and cultural event.
Under the sponsorship, Rolling Loud Thailand's Main Stage will become the 'OKX Stage,' a venue where tens of thousands of attendees will witness the world's premier rappers perform.
The sponsorship takes the OKX brand to new heights alongside the star-studded lineup, which also includes Korea's Jay Park, Jessi, Japanese rap group Teriyaki Boyz, superstars Rae Sremmurd, A$AP Ferg, Offset, and Ski Mask The Slump God, veterans like Rick Ross, Waka Flocka Flame, Soulja Boy, and Fat Joe, and rising stars Central Cee, Ken Car$on, Destroy Lonely, and Bktherula.
OKX and Rolling Loud have also launched the 'OKXclusive Pass,' a special NFT pass that allows festival attendees to upgrade their standard or VIP passes and unlock special benefits, including:
- Access to the OKX Lounge, an exclusive lounge for NFT ticket holders with bar, merchandise, chill-out area, photo ops and entertainment
- Fast Pass: skip-the-line access to Rolling Loud
- Free high-speed WiFi in the OKX Lounge
- Free drinks
- Free shuttle bus from Renaissance Pattaya to venue
- Exclusive OKX parking slots (up to 500 available)
- An opportunity to meet the biggest stars
- The chance to win two tickets for RL Miami, including round-trip flights
- An opportunity to win one of 500 free tickets to RL Miami
Click here for step-by-step instructions for how to download the OKXclusive Pass.
Haider Rafique, Chief Marketing Officer at OKX, said: "At OKX, we love making history. It will be a truly iconic moment when Travis Scott and other headliners light up the OKX Stage at Rolling Loud's first festival in Asia. When the bright lights come on and the crowd roars, OKX will be front and center. Through the OKXclusive Pass, we'll also be behind the scenes, unlocking the best experiences for fans who want a supercharged festival experience."
How to claim your NFT ticket
Simplified overview:
To get the RL OKXclusive Pass; simply download the OKX App, toggle to wallet, create a wallet, back up your seed phrase. Next, jump to the NFT Market tab in the wallet and claim your RLTH OKXclusive Pass (please refer to detailed steps below).
Detailed step by step:
- Download the OKX App
- Open the OKX App > Click Wallet from the top toggle
- Click I don't have a wallet —> Seed Phrase —> Enable now
- Click Back up your wallet —> To iCloud –-> Enter your password —> Confirm to back up
- Click the NFT Market tab in OKX Wallet —> Launchpad > RLTH OKXclusive Pass
- Click Claim —> Fill in your personal info and submit
- RL OKXclusive Pass will appear in your wallet in a minute
- Go back to home — > Click My assets —> NFTs to view your OKXclusive Pass;
- Users who have already downloaded OKX App, please scan the QR code to directly access the OKXclusive Pass landing page
About OKX
OKX is the second biggest global crypto exchange by trading volume and a leading web3 ecosystem. Trusted by more than 50 million global users, OKX is known for being the fastest and most reliable crypto trading app for investors and professional traders everywhere.
As a top partner of English Premier League champions Manchester City FC, McLaren Formula 1, golfer Ian Poulter, Olympian Scotty James, and F1 driver Daniel Ricciardo, OKX aims to supercharge the fan experience with new engagement opportunities. OKX is also the top partner of the Tribeca Festival as part of an initiative to bring more creators into web3.
Beyond OKX's exchange, the OKX Wallet is the platform's latest offering for people looking to explore the world of NFTs and the metaverse while trading GameFi and DeFi tokens.
To learn more about OKX, download our app or visit: okx.com
About Rolling Loud
Founded by 6-time Billboard Hip-Hop Power Players Matt Zingler & Tariq Cherif as a one-day Miami show, Rolling Loud has grown into a global phenomenon, hosting festivals on both US coasts and in multiple international locations. Rolling Loud is the premier festival brand in hip-hop, known for its expert curation of wide-ranging lineups that reflect the state of the genre.
2022 was Rolling Loud's biggest year yet. The festival returned to their home base of Miami for their largest event to date, headlined by Kid Cudi, Kendrick Lamar, and Future, and the inaugural Rolling Loud Portugal, which brought an international array of all-stars to the beaches of Portimåo, Portugal. The festival's busy 2022 continued with the first ever Rolling Loud Toronto, headlined by Future, WizKid, and Dave, and the third annual Rolling Loud New York, headlined by Nicki Minaj, A$AP Rocky & Future.
In 2023, Rolling Loud expands its empire even further, returning to Los Angeles for Rolling Loud California, debuting Rolling Loud Thailand, its first-ever Asian festival, and staging three European shows including Rolling Loud Portugal, and the inaugural editions of Rolling Loud Rotterdam (NL) and Rolling Loud Germany.
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SOURCE OKX | https://www.wibw.com/prnewswire/2023/04/04/okx-announces-main-stage-sponsorship-rolling-loud-thailand-featuring-travis-scott-cardi-b-chris-brown-historic-inaugural-asia-festival/ | 2023-04-04 03:46:38 | 0 | https://www.wibw.com/prnewswire/2023/04/04/okx-announces-main-stage-sponsorship-rolling-loud-thailand-featuring-travis-scott-cardi-b-chris-brown-historic-inaugural-asia-festival/ |
Pence won’t appeal order compelling grand jury testimony
By JILL COLVIN and ERIC TUCKER
Associated Press
WASHINGTON (AP) — Former Vice President Mike Pence will not appeal a judge’s order compelling him to testify in the Justice Department’s investigation into efforts to overturn the results of the 2020 election, a spokesman said Wednesday.
The decision sets the stage for a possible appearance by Pence in the coming weeks before a federal grand jury.
Pence was subpoenaed months ago by the special counsel investigating attempts by former President Donald Trump and his allies to undo the election results before the riot at the Capitol on Jan. 6, 2021.
Lawyers for Trump objected to the subpoena on executive privilege grounds, but a federal judge in Washington last week rejected those arguments, forcing Pence to testify. U.S. District Court Judge James Boasberg did give Pence a win by accepting arguments by Pence’s lawyers that, for constitutional reasons, he could not be questioned about his actions on Jan. 6.
___
Colvin reported from New York. | https://localnews8.com/news/ap-national/2023/04/05/pence-wont-appeal-order-compelling-grand-jury-testimony/ | 2023-04-05 20:21:04 | 0 | https://localnews8.com/news/ap-national/2023/04/05/pence-wont-appeal-order-compelling-grand-jury-testimony/ |
NEW YORK, July 22, 2023 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of FMC Corporation (NYSE: FMC) resulting from allegations that FMC Corporation may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased FMC Corporation securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=17626 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.
WHAT IS THIS ABOUT: On July 10, 2023, before the market opened, FMC Corporation, despite raising its full-year revenue guidance in May, 2023, announced that it was cutting its revenue for the second quarter and the 2023 fiscal year. It announced that "the revised guidance is driven by substantially lower-than-expected volumes due to an abrupt and significant reduction in inventory by channel partners, which only became evident towards the end of May and continued through the remainder of the quarter[.]"
On this news, the price of FMC Corporation stock fell by $11.62 per share, or 11.14%, to close at $92.63 on July 10, 2023.
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 litigate securities class actions. 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.
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
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SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2023/07/22/rosen-leading-law-firm-encourages-fmc-corporation-investors-with-losses-inquire-about-securities-class-action-investigation-fmc/ | 2023-07-22 22:04:44 | 0 | https://www.mysuncoast.com/prnewswire/2023/07/22/rosen-leading-law-firm-encourages-fmc-corporation-investors-with-losses-inquire-about-securities-class-action-investigation-fmc/ |
KDAF (DALLAS) — Everyone loves chocolate!
All sweet tooths and chocolate lovers rejoice as we celebrate the delectable National Chocolate Chip Day!
From Chocolate Chip cookies, and chocolate chip pancakes, to mouthwatering sundaes, this day invites us to indulge in pure chocolaty goodness.
The amazing topping clearly has its own day for a reason: “Chocolate chips actually came after the chocolate chip cookie, and despite their ubiquity, are likely younger than your grandmother (they were first marketed in 1940!). Legend has it that the chocolate chip cookie was a happy accident, born when baker ran out of baker’s chocolate and opted for semi-sweet instead,” National Today said.
What better way to celebrate than, trying these chocolate-owned bakeries/ bars we found in Dallas:
- Chocolate Secrets – Oak Lawn
- Dude, Sweet Chocolate – Bishop Arts District
- Village Bakery – Lower Greenville
- Dr. Sues Chocolate – Grapevine
- Kate Weiser Chocolate- Trinity Groves
- Lolli and Pops – Frisco
- CocoAndre Chocolatier – Bishop Arts District
- Kate Weiser Chocolate –
- Chocolate Hangover/ Chocolate Moonshine
- The Dark Chocolate Bakery | https://cw33.com/news/bringing-in-national-chocolate-chip-day-in-dallas-choco-lovers-lets-all-rejoice/ | 2023-05-15 20:38:48 | 0 | https://cw33.com/news/bringing-in-national-chocolate-chip-day-in-dallas-choco-lovers-lets-all-rejoice/ |
Cheer groups move to dismiss abuse case, racketeering claims
By JAMES POLLARD
Associated Press/Report for America
COLUMBIA, S.C. (AP) — A series of lawsuits beginning in South Carolina detail the alleged sexual abuse of at least 20 cheerleaders across six states. But the lawsuits don’t stop there. Lawyers are also pursuing the same organized crime charges recently brought against high-profile defendants like Harvey Weinstein and the Catholic Church. Alongside the alleged violations of the Protecting Young Victims from Sexual Abuse Act are claims the growing sport’s leading governing and commercial bodies violated federal racketeering laws. Some of the many defendants are now moving to dismiss the first case in Greenville, South Carolina. | https://localnews8.com/news/ap-national/2022/12/20/cheer-groups-move-to-dismiss-abuse-case-racketeering-claims-2/ | 2022-12-20 22:01:11 | 0 | https://localnews8.com/news/ap-national/2022/12/20/cheer-groups-move-to-dismiss-abuse-case-racketeering-claims-2/ |
Idaho Falls Zoo to host Thanksgiving break camps
IDAHO FALLS, Idaho (KIFI) - What are you going to do with the kids during Thanksgiving break?
The Idaho Falls Zoo will host camps for kids in grades K through eight during Thanksgiving Break on Nov. 21 to Nov. 23. These one-day camps provide fun, interactive activities and up-close learning with animals on zoo grounds.
Registration is open and space is limited. For more information, click here. If you’re a zoo member, be sure to sign into your account first to receive the membership discount. If you have questions, contact Shelby Gold at sgold@idahofallszoo.org or call (208) 612-8254. | https://localnews8.com/news/idaho-falls/2022/11/17/idaho-falls-zoo-to-host-thanksgiving-break-camps/ | 2022-11-17 17:52:38 | 1 | https://localnews8.com/news/idaho-falls/2022/11/17/idaho-falls-zoo-to-host-thanksgiving-break-camps/ |
LOWRY CITY, Mo. (AP) — At Truman Lake Manor in rural Missouri, every day begins the same way for every employee entering the nursing home’s doors — with a swab up the nose, a swirl of testing solution and a brief wait to see whether a thin red line appears indicating a positive COVID-19 case.
Only the healthy are allowed in to care for virus-free residents.
Despite those precautions, a coronavirus outbreak swept through the facility late last year. An inspector subsequently cited it for violating the federal government’s COVID-19 vaccination requirement for health care facilities.
Truman Lake Manor is one of about 750 nursing homes and 110 hospitals nationwide written up for violating federal staff vaccination rules during the past year, according to an Associated Press analysis of data from the Centers for Medicare & Medicaid Services. Most were given a bureaucratic nudge to do better — though some nursing homes also received fines, especially when they had multiple other problems.
One year after it began being enforced nationwide on Feb. 20, 2022, the vaccination requirement affecting an estimated 10 million health care workers is the last remaining major mandate from President Joe Biden’s sweeping attempt to boost national vaccination rates. Similar requirements for large employers, military members and federal contractors all have been struck down, repealed or partially blocked.
The health care vaccination mandate is scheduled to run until November 2024. But some contend it’s time to stop now, citing fewer severe COVID-19 cases, health care staffing shortages and the impending May 11 expiration of a national public health emergency that has been in place since January 2020.
“Their regulations are making it harder to give care – not easier,” said Tim Corbin, the administrator of Truman Lake Manor who also doubles as a nurse, adding that “the mandates need to end.”
CMS said in a statement to the AP that “the requirement for staff to be fully vaccinated has been a critical step in responding to the pandemic” and “has saved Americans from countless infections, hospitalizations, and death.”
The policy requires workers, contractors and volunteers at facilities receiving Medicare or Medicaid payments to have the full primary dosage of an original COVID-19 vaccine, with exemptions for medical or religious reasons. Though nursing homes can be fined for violations, CMS generally gave violating facilities additional time to update their policies and come into compliance.
The Republican-led U.S. House recently passed legislation that would halt the mandate, but the bill is unlikely to pass in the Democratic-led Senate.
Meanwhile, the requirement continues with mixed results and — in some cases — widespread exceptions.
When a state inspector visited Truman Lake Manor in December, a coronavirus outbreak had infected 26 of the 60 residents and about a quarter of the staff within the previous few weeks. Corbin said the outbreak originated from an unvaccinated employee with a religious exemption who tested negative for COVID-19 before working a shift and wore a mask. The employee didn’t feel well and tested positive after arriving home.
The inspector found that more than 40% of staff had been granted religious exemptions from getting vaccinated. But the federal Centers for Medicare & Medicaid Services does not scrutinize the rationale for such exemptions. The reason the facility was cited for a vaccination deficiency was because three employees had failed to receive their second dose of the vaccine and had no exemption on record. After the citation, they each got the second shot, and regulators OK’d the corrections in January.
It’s hard to find workers willing to be vaccinated, Corbin said, because many local residents remain opposed to the vaccine or doubt its effectiveness. Just 42% of adults in St. Clair County are vaccinated against COVID-19 — a rate barely half the national average.
The 120-bed facility is operating at half capacity and turning potential residents away, “because I can’t hire enough people to take care of them,” said Corbin, who’s been running ads touting a $5,000 signing bonus for nurses.
Rhonda Martin, a nurse educator at the facility, said she understands people’s hesitancy to get vaccinated. Though she received the initial shots and a booster, Martin still got sick from COVID-19 last fall and missed a couple weeks of work.
“At first, I was all for the vaccine, because I felt as health care workers, we needed to protect ourselves and the patients that we take care of,” she said. “The longer that it’s been going on, the vaccines haven’t seemed to help.”
At one facility in Greenwood, South Carolina, the vaccine mandate caused an exodus among nursing staff that took a while to replenish.
“People said, ‘You know what? I’m going to just stop working,’” said David Buckshorn, CEO of Wesley Commons in Greenwood. “To have a requirement that someone feels strongly they don’t want to follow, that really limits our ability to bring people in.”
Workforce shortages are causing more than half of nursing homes nationally to limit resident admissions, according to the American Health Care Association, which represents long-term care facilities. Though most other health care sectors have rebounded, nursing home employment was down 13% in 2022 comparedto pre-pandemic levels and reached lows not seen since the 1990s.
LeadingAge, an association of nonprofit nursing homes and other aging service providers, originally supported the mandate and still encourages vaccinations. But it now says a federal requirement no longer is needed.
“Our country is in a very different place now than in summer of 2021, when the mandate was initially proposed,” said LeadingAge President and CEO Katie Smith Sloan.
Though deaths are down significantly from their peak in January 2021, older adults and people with underlying health problems remain more susceptible to serious cases of COVID-19. Because of that, some medical professionals believe the vaccine mandate should continue at nursing homes and hospitals.
“This is an important requirement,” said Dr. Georges Benjamin, executive director of the American Public Health Association. “Not only does it protect the health care worker themself, but it also protects the patients.”
Some patient advocates also continue to back the vaccine mandate.
“The more we drop requirements in general, the more dangerous it becomes for nursing home residents,” said Marjorie Moore, executive director of the St. Louis-based nonprofit VOYCE, which advocates for long-term care residents.
Nationwide, about 5% of the over 15,000 nursing homes caring for Medicare or Medicaid patients have been cited for violating the COVID-19 vaccination requirement, and about 2% of the 4,900 hospitals, according to the AP’s analysis. But those citations haven’t been evenly spread among states and occurred less often during the latter half of 2022.
Twenty-four states cited no hospitals for COVID-19 vaccination violations.
Nearly 1 in 5 nursing homes received staff vaccination citations in Louisiana, and nearly 1 in 7 in Michigan, the highest rates nationally. By contrast, 14 states and the District of Columbia had two or fewer facilities cited. Texas, which has most nursing homes nationally participating in Medicare or Medicaid, had just one nursing home cited for violating the vaccination rule.
Kansas, Florida and Texas each declined to check for vaccination violations, instead leaving that process to CMS, which hired contractors. As a result, CMS said Texas was docked more than $2.5 million in federal funding, Florida more than $1.2 million and Kansas nearly $350,000.
Kansas Gov. Laura Kelly, a Democrat who faced reelection in a Republican-leaning state, said last year that the vaccine mandate conflicted with state law and could worsen workforce shortages.
Like Kansas, Kentucky also has a Democratic governor with a Republican-led Legislature. But Gov. Andy Beshear’s administration said state inspectors noted no vaccination deficiencies because hospitals and nursing homes all met federal guidelines when accounting for exemptions.
“We have been at the forefront of encouraging vaccines,” said Betsy Johnson, president of the Kentucky Association of Health Care Facilities and the Kentucky Center for Assisted Living. “We understand vaccines save lives.”
Nationally, the number of nursing homes cited for vaccination violations declined noticeably after CMS last June stopped requiring state inspectors to check for compliance when responding to complaints about unrelated allegations, such as neglect of patients. CMS cited substantial compliance with the vaccination requirement while making the change.
Before then, Gil-Mor Manor in rural Morgan, Minnesota, was one of just three facilities cited for the worst deficiency category, indicating widespread “immediate jeopardy” to residents.
A May inspection report said the facility lacked policies to mitigate the spread of COVID-19 — such as requiring N95 masks — for 15 unvaccinated employees with religious exemptions. It said three other employees caring for patients were neither vaccinated nor exempted.
The “failures resulted in 7 of 27 of residents contracting COVID-19,” the report said.
The nursing home responded by approving exemptions for the unvaccinated employees, updating its policies and hiring a consultant to provide additional training to its nurse in charge of infection control, facility administrator Terrie Rothmeier said. Inspectors lifted the “immediate jeopardy” designation within three weeks. The facility was not fined.
“We resolved the issue,” Rothmeier said.
__
Harjai reported from Los Angeles and is a corps member for the Associated Press/Report for America Statehouse News Initiative. Report for America is a nonprofit national service program that places journalists in local newsrooms to report on undercovered issues. | https://cw33.com/health/ap-health/ap-health-care-vaccine-mandate-remains-as-some-push-for-an-end/ | 2023-02-19 08:37:04 | 0 | https://cw33.com/health/ap-health/ap-health-care-vaccine-mandate-remains-as-some-push-for-an-end/ |
SHANGHAI, July 22, 2022 /PRNewswire/ -- On July 17, S'Young Group Co., Ltd. (S'Young, the Company) (300740.SZ) officially announced an equity acquisition agreement with EviDenS de Beauté, a French luxury skin care brand. EviDenS de Beauté retains independent operation of the brand and the team after the acquisition.
As a trusted and preferred China Partner for global beauty brands, S'Young is committed to building win-win partnerships with overseas brands and sharing a long-term value in connecting and growing in the Chinese market. With EviDenS de Beauté, S'Young leveraged the original "CP" (China Partner + Couple) cooperation model and empowered the French brand through an all-encompassing approach, providing all-dimensions and omni-channel support, thus helping the brand to go from 0 to 1 in the Chinese market and build up the unique luxury brand image. The acquisition marks a deepening of the CP cooperation model, and a higher level of cooperation in equity acquisition, investment, and strategic collaboration according to the wishes and needs of the overseas brand.
New Impetus of Long-term Success After the Acquisition
While the acquisition gives S'Young a controlling stake of the French company, Charles-Edouard Barthes, founder and chief executive officer of EviDenS de Beauté, will remain a shareholder and the company will retain its independence and current team.
Charles-Edouard Barthes, born in an ancient aristocratic family in Saint-Paul-de-Vence, France, founded the brand in 2007 and used the family crest with a history of more than 800 years as the brand logo. EviDenS de Beauté is a luxury skin care brand combining Japan's cutting-edge cosmetic expertise with world-renowned French elegance, loved by consumers worldwide for its anti-aging benefits developed specifically for sensitive skin. With a high-end positioning, the brand's main products range between RMB 1,000 and 3,000, offering various categories such as masks, lotions, creams, essences, sunscreens and anti-aging products. After being acquired by S'Young, EviDenS de Beauté is ready to enter a new strategic development stage in China while maintaining the independent operation, and inject a strong impetus for further success in the global beauty market.
Original CP Model for Overseas Brands to Grow Rapidly from 0 to 1 in China
Before collaborating with S'Young, EviDenS de Beauté had faced challenging situations in the Chinese market, including price disorder: a large number of individual merchants on e-commerce platforms bought samples of EviDenS de Beauté and sold them sporadically at low prices. To better develop in the Chinese market, EviDenS de Beauté chose S'Young as its partner, which has 16-year experience in beauty brand management. The "CP" model of S'Young not only acts as a sales agent for EviDenS de Beauté, but also reorganizes the brand positioning, image, and strategic development planning, empowering EviDenS de Beauté in all business elements and all sales channels.
With an accurate understanding of the Chinese beauty market, S'Young precisely positioned EviDenS de Beauté as a French anti-aging luxury brand for sensitive skin, engaged the famous well-preserved actress Li Ruotong for endorsement, and held a brand launch in the Rosewood Hotel, a SPA collaboration partner, to establish the brand image. After that, S'Young helped the brand cooperate with a series of Chinese hit TV shows and popular entertainment programs, covering the high-income female group in China through precise target group matching, which greatly enhanced the brand's reputation and influence. On social media, S'Young reached out to top KOLs committed to skin care to co-produce high-quality content around topics such as brand origins, user experience and product efficacy, creating a complete brand story and a distinctive brand image for EviDenS de Beauté, and establishing it as a popular luxury brand on Chinese social media. In addition to online promotion, EviDenS de Beauté has also been expanding its offline channels, including SKP, Galeries Lafayette, Joyce beauty, Sephora, and other high-end channels, which further enhances Chinese consumers' perception of EviDenS de Beauté's premium positioning.
With the help of S'Young, EviDenS de Beauté has been growing rapidly in the Chinese market, which now occupies a large proportion of its sales, and its hero product is ranked Top 2 in high-end facial masks by Tmall of Alibaba, the largest e-commerce platform in China. This is owing to S'Young breaking the traditional single-channel sales model of agents. The new model integrates all business elements, covers all sales channels, connects the whole business chain, and makes concerted efforts in all respects such as brand, product, market, channel, and supply chain, finally realizing the leapfrog development of EviDenS de Beauté in China.
A New Phase of Development for Overseas Beauty Brands in China
As a preferred Chinese partner for global beauty brands, S'Young has cooperated with more than 30 overseas brands, covering skin care, make-up, personal care, fragrance, health care, and men's grooming. The cooperative brands cover many countries and regions from North America, Europe, and the Middle East, including the French cutting-edge laboratory brand LIERAC, the Italian make-up brand KIKO MILANO, the Finnish national skin care brand LUMENE, and the prestige perfume brand AMOUAGE, etc., a testament to S'Young 's strength in diversification and international operation. In 2019, S'Young reached a strategic partnership with Johnson & Johnson to fully undertake the e-commerce business of 14 brands under Johnson & Johnson in the Chinese market, which turned out to be a great success for Dr. Ci:Labo, Listerine and many others.
The unique "CP" cooperation model created by S'Young has two layers of meaning. The first layer is China Partner. What S'Young provides for the brands is not a traditional online sales channel or operations service, but an empowerment with all-dimensions and omni-channel capabilities. Second, CP means couple, representing a marriage-like partnership. S'Young believes that only a long-term and win-win partnership will enable both parties share the value of market growth. This is how S'Young has helped overseas brands start and grow bigger and stronger in China. With respect for the partners and their value, S'Young empowers international niche beauty brands to develop and maximize their value in China. Now, S'Young is also ready to support equity acquisition, investment and strategic collaboration at the request of partner brands, offering diversified and flexible assistance to fully meet the needs of brands throughout their life cycle in China.
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SOURCE S'Young | https://www.kxii.com/prnewswire/2022/07/22/chinese-beauty-giant-syoung-acquires-evidens-de-beaut-marking-new-height-cp-cooperation/ | 2022-07-22 14:43:32 | 1 | https://www.kxii.com/prnewswire/2022/07/22/chinese-beauty-giant-syoung-acquires-evidens-de-beaut-marking-new-height-cp-cooperation/ |
1,000-year-old Native American canoe brought to the lake’s surface
LAKE WACCAMAW, N.C. (WECT/Gray News) – Members of the Waccamaw Siouan Tribe worked with a team of archaeologists to bring a nearly 1,000-year-old canoe to the surface of a lake in North Carolina.
Waccamaw Siouan Chief Michael Jacobs said the canoe is a rare opportunity to learn more about Native American culture in southeastern North Carolina.
“That canoe at 28 feet long would have carried many a brave,” Jacobs said. “We feel like in our heart, it’s a history that we’re still exploring and understanding because this is the first time we’ve had access.”
The piece of history had been buried beneath Lake Waccamaw for hundreds of years. It was discovered unexpectedly by three teenagers swimming in the lake during the summer of 2021.
“I stepped on it, and I thought it was a log,” Eli Hill explained. “I tried to pick it up and it never came up. So, we kept digging at it and it just kept going. The next day, we came back and we started digging some more and it just kept going.”
Hill’s family reached out to the North Carolina Office of State Archaeology about the canoe.
A team worked to move it closer to the family’s pier, where it sat for nearly two years before it was finally brought to the surface.
State Archaeologist John Mintz said the lengthy removal process was worth it in the end.
“This canoe is about 1,000 years old,” Mintz said. “It’s a southeastern Indian canoe that originated from this area, so we wanted the local Indian group to be part of it.”
The canoe will be taken to a lab in Greeneville to be preserved, studied and possibly share its secrets.
“We’re looking forward to examining it, running some tests on it, really finding out and going back to our elders and getting the history of it to where we can teach the truth to our people and know that we’ve got concrete evidence to stand on,” Jacobs said.
Dozens of members of the Waccamaw Siouan Tribe watched as the canoe was brought out of the lake. A feeling of gratitude was felt by many in attendance.
“Our history is still unfolding,” Jacobs said. “When the colonists made contact with our tribe, there’s a lot of the things that we hailed as historical and meaningful to us that we’re still putting together.”
Copyright 2023 WECT via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2023/04/13/1000-year-old-native-american-canoe-brought-lakes-surface/ | 2023-04-13 18:41:12 | 0 | https://www.kxii.com/2023/04/13/1000-year-old-native-american-canoe-brought-lakes-surface/ |
Three men were indicted Wednesday in three separate criminal incidents.
Reginald Daniels, 25, of Round Rock, was indicted on robbery, a second-degree felony.
On June 3, an arrest affidavit said, officers with the Temple Police Department responded to Huggy Bear Mart, 1706 S. 31st St., for a robbery.
At the scene, officers spoke to a woman they described in the affidavit as visibly upset worker on duty when the robbery occurred.
“She was working behind the counter when Daniels came around the cashier counter and asked her to open the register,” the affidavit said. “She retreated to the manager’s office, which is a small, enclosed space behind the counter, and Daniels followed her. Daniels clapped his hand at (her) and told her several times to get him the money from the register.”
Daniels could not open the register and allegedly took tobacco products instead, according to the affidavit.
“(The woman) said she decided to defend herself and swung at Daniels with a metal pole,” the affidavit said.
The woman said she was scared because she was trapped in the manager’s office with Daniels blocking the door.
“Daniels was interviewed by Temple detectives and admitted to trying to get the money from the register, and he was ready to ‘kick’ the lady,” the affidavit said.
Daniels remained at the Bell County Jail in lieu of a $50,000 bond.
Casey Butler Ryan
Casey Butler Ryan, 43, of Holland, was indicted on theft of property between $2,500 and $30,000, a state jail felony.
According to an arrest affidavit filed by the Bell County Sheriff’s Department, on April 4, at about 6 p.m., deputies responded to a theft call in Salado.
At the scene, a man told deputies that an 18-foot trailer valued at about $11,000 with about $1,200 worth of lumber was stolen from his residence, the affidavit said.
Investigators, the affidavit said, identified Ryan as one of the two alleged suspects in the theft through surveillance video and interviewed him at the Bell County Jail, where he was jailed for a different offense.
“Ryan described the offense as a crime of opportunity, stating that he took the trailer and some wood, hooked it up to his truck, and dropped it off for a buyer who paid him a couple of hundred dollars,” the affidavit said. “Ryan refused to name his accomplice, who can be seen in the video. The trailer has not been recovered.”
Ryan remained jailed in lieu of bonds totaling $52,000.
Johnny Javaris Lyons
Johnny Javaris Lyons, 28, of Temple, was indicted with burglary of a building, a state jail felony.
On May 4, officers with the Temple Police Department responded to an apartment complex for a burglary, according to an arrest affidavit.
At the scene, a woman was interviewed who told officers she was moving out and left her door unlocked while she ran some items to the dumpster.
“When she returned to her apartment, the door was locked, and she observed someone closing the blinds,” the affidavit said. “She walked to the rear of the first floor of the apartment, and a male was observed running from the apartment with the caller/victim’s purse. Officers pursued the suspect, who then disappeared from their sight.”
A homeowner nearby, the affidavit said, called police and told them there was a male hiding in his backyard who matched the description of Lyons and went to investigate.
“Lyons had stripped down to his boxers,” the affidavit said. “The jeans he was previously wearing were lying nearby and had the victim’s debit card inside the pocket. The victim’s purse was also located next to Lyons’ discarded clothing.”
Officers obtained surveillance video from a business near the apartment that “showed Lyons park his vehicle, exit, and walk towards the apartment complex,” the affidavit said. “Shortly thereafter, Lyons is observed walking back towards his vehicle as officers pull up. Lyons looks at the officers and takes off running.”
Lyons remained at the Bell County Jail Monday in lieu of bonds totaling $29,000. | https://www.tdtnews.com/news/central_texas_news/article_1ebead96-1cf1-11ed-90b8-a72dc51a0615.html | 2022-08-16 01:53:36 | 1 | https://www.tdtnews.com/news/central_texas_news/article_1ebead96-1cf1-11ed-90b8-a72dc51a0615.html |
- prodisc L is the only total disc replacement system in the U.S. approved for two-level use in the lumbar spine
- Centinel Spine is the only company with FDA-approved cervical and lumbar total disc replacement devices
- The prodisc® technology is the most studied and clinically-proven TDR system in the world, validated after 30 years of clinical use and by over 540 published papers.*
WEST CHESTER, Pa., Oct. 11, 2022 /PRNewswire/ -- Centinel Spine®, LLC, a leading global medical device company addressing cervical and lumbar spinal disease through anterior surgical access, today announced findings of a new study to be presented during the North American Spine Society (NASS) 37th Annual Meeting on Thursday, October 13, 2022. Thierry Marnay, MD will present results from the study that support long-term mobility superiority of Centinel Spine's prodisc® L Lumbar Total Disc Replacement (TDR) device compared to two-level hybrid reconstruction.**
The study expands the evidence validating the clinical efficacy of prodisc L and is one of the first long-term mobility comparisons between two-level lumbar TDR and hybrid constructs consisting of one-level lumbar TDR combined with one-level anterior lumbar interbody fusion (ALIF). A total of 235 patients who underwent lumbar surgery from 2003 to 2013 were followed—consisting of 170 patients receiving L4-S1 two-level lumbar TDR and 65 patients receiving L5-S1 fusion and L4-L5 TDR hybrid construct.
According to the study, after a minimum of 24 months follow-up, the two-level prodisc L TDR demonstrates superiority in absolute lumbar mobility and pelvic motion. The hybrid construct demonstrates an overall lack of compensation in lumbar mobility and pelvic motion as compared to the two-level lumbar TDR. Although measures of activity and pain were equivalent between the study groups, the two-level TDR also demonstrated functional superiority versus the hybrid construct (Marnay, Thierry. "Mobility Parameters in Two-Level Lumbar TDR vs Hybrid Construct: Clinical Results in 235 Patients", NASS 2022 Annual Meeting, Thursday, October 13, 2022, Chicago, Illinois).
Centinel Spine's CEO, Steve Murray, stated, "This study further reinforces the long-term effectiveness of the prodisc system, a proven technology that supports the advancement of patient care. The system was engineered with proven design principles, and this is another study that demonstrates continued positive results of prodisc L after over 30 years of clinical use."
The prodisc L Lumbar TDR system, along with the newly-approved prodisc cervical TDR portfolio that allows the disc to be matched to patient anatomy, will be featured at the Centinel Spine booth (#4224) during NASS 2022.
* Search performed on Pubmed, Embase, Ovid Medline® covering 1988 – 2021.
** prodisc L is indicated for spinal arthroplasty in skeletally mature patients with degenerative disc disease at one or two contiguous intervertebral level(s) from L3-S1. Please refer to the prodisc IFU012, Rev 2 04/20 for the complete indications, contraindications, and precautions for prodisc L. The safety and effectiveness of the prodisc L has not been established in patients using a hybrid (TDR/ALIF) implant construct.
Centinel Spine®, LLC is a leading global medical device company addressing cervical and lumbar spinal disease through anterior surgical access. The company offers a continuum of trusted, brand-name, motion-preserving and fusion solutions backed by over 30 years of clinical success—providing the most robust and clinically-proven technology platforms in the world for total disc replacement (prodisc®) and Integrated Interbody™ fusion (STALIF®).
Centinel Spine continues to advance its pioneering culture and corporate mission to become a catalyst of change in the spine industry and alter the way spine surgery is perceived. Centinel Spine remains the only company with comprehensive motion-preserving and fusion solutions for both cervical and lumbar anterior column reconstruction.
For more information, please visit the company's website at www.CentinelSpine.com or contact:
Centinel Spine
Varun Gandhi
Chief Financial Officer
900 Airport Road, Suite 3B
West Chester, PA 19380
Phone: 484-887-8871
Email: v.gandhi@centinelspine.com
Media
Sean Leous
ICR Westwicke
Phone: 646-677-1839
Email: sean.leous@westwicke.com
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SOURCE Centinel Spine, LLC | https://www.kxii.com/prnewswire/2022/10/11/study-featured-nass-2022-demonstrates-long-term-effectiveness-centinel-spines-prodisc-l-total-disc-replacement/ | 2022-10-11 15:21:05 | 1 | https://www.kxii.com/prnewswire/2022/10/11/study-featured-nass-2022-demonstrates-long-term-effectiveness-centinel-spines-prodisc-l-total-disc-replacement/ |
NEW YORK, Aug. 17, 2022 /PRNewswire/ -- Statewide Central Station (SCS), part of Scutum North America, is pleased to announce the acquisition of Digicom Central Station in Florida. This acquisition marks the first step for both entities to combine resources and tackle the national task of protecting communities using state-of-the-art security and alarm monitoring technology.
Digicom, as part of Statewide, will work on accelerating its development, benefiting from Statewide resources, and setting up synergies for more optimal protection of our clients. Statewide dealers in Florida will have the advantage of joining Statewide's vast dealer network and full support from the company's security monitoring technology. Through the partnership and collaboration, Statewide with Digicom will provide the dealer network with the necessary solutions and tools to be among the top-ranked alarm security providers.
"Scutum North America is excited to share that our footprint has expanded throughout the eastern US, from New York to Florida," says Franck Namy, Scutum Group. "We will continue actively seeking further M&A opportunities as we grow our footprint in the North American market."
Scutum North America provides fire detection, electronic security, and central station monitoring services. It relies on its own UL Listed central stations, which assure the closest personalized attention and service. In this rapidly accelerating market, Scutum North America has established several strategic partnerships to develop its capacities in terms of services and responses to client needs and to increase its performance in the face of a growing and more competitive market.
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SOURCE Scutum North America | https://www.kxii.com/prnewswire/2022/08/17/scutum-north-america-furthers-its-expansion-statewide-acquires-digicom/ | 2022-08-17 22:05:48 | 1 | https://www.kxii.com/prnewswire/2022/08/17/scutum-north-america-furthers-its-expansion-statewide-acquires-digicom/ |
NEW YORK, June 6, 2023 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of securities of Funko, Inc. (NASDAQ: FNKO) between May 6, 2022 and March 1, 2023, both dates inclusive (the "Class Period"). A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than August 1, 2023.
SO WHAT: If you purchased Funko common stock 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 Funko class action, go to https://rosenlegal.com/submit-form/?case_id=16840 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 August 1, 2023. 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. 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 made false and/or misleading statements regarding the Company's business, operations, and prospects. Specifically, defendants failed to disclose to investors that: (1) Funko was experiencing significantly larger delays in implementing its ERP software than it was disclosing to investors; (2) Having moved into a new warehouse without functioning ERP software in place would lead to dramatically higher costs and poorer inventory management practices; and (3) Funko's inability to efficiently operate the new distribution center would have a substantial, undisclosed impact on Funko's EBITDA margin. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Funko class action, go to https://rosenlegal.com/submit-form/?case_id=16840 mailto: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
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2023/06/06/fnko-investor-news-rosen-recognized-investor-counsel-encourages-funko-inc-investors-with-losses-excess-100k-secure-counsel-before-important-deadline-securities-class-action-fnko/ | 2023-06-06 18:21:51 | 1 | https://www.kxii.com/prnewswire/2023/06/06/fnko-investor-news-rosen-recognized-investor-counsel-encourages-funko-inc-investors-with-losses-excess-100k-secure-counsel-before-important-deadline-securities-class-action-fnko/ |
DIAMOND BAR, China, Sept. 28, 2022 /PRNewswire/ -- Experts predict that climate change is causing the winter of 2022 to be unprecedentedly cold, and global events are skyrocketing the cost of energy. Bedsure, a global leading home textile brand with over 25 million cozy customers served, has refreshed its electric blanket products with comprehensive feature upgrades, which help customers to reduce their energy consumption this winter by reducing the need for a heater.
The comprehensive upgrade to the product lineup comes in several aspects, including power efficiency, product performance, practicality, and convenience. All upgrades were made toward a greener and more cost-effective winter with a reduced need for a heater to combat the winter cold.
Improved Efficiency in Bedsure Ribbed Flannel Heated Blanket and Bedsure Solid Flannel Heated Blanket
The Bedsure Ribbed Flannel Heated Blanket and the Bedsure Solid Flannel Heated Blanket are loved by customers looking for extra coziness during colder days since launch. The respective 4.6/5 Star rating and Amazon's Choice status on the products prove the popularity among customers.
The two variations of heated flannel blankets have received improvements in performance efficiency, as they can now be heated up to 104°F in as little as 35 minutes, a near 40% improvement over the industry average, with the maximum temperature can be set as high as 113°F for those combating extreme cold weather.
With the flannel heated blankets turned on, customers will get desired warmth and coziness in a short moment, which eliminates the need for a space heater during chilly winter days.
Compared to a high energy-consuming space heater, the Bedsure Ribbed Flannel Heated Blanket and the Bedsure Solid Flannel Heated Blanket can save up to 90% in carbon footprints and electricity bills each year, which adds up rapidly.
Improved Practicality in Bedsure Quilted Coral Fleece Heated Mattress Pad
The Bedsure Quilted Coral Fleece Heated Mattress Pad received a practicality upgrade. The heated mattress pad provides sleepers with a warm and cozy sleep haven that promotes better blood flow. In addition, its PTC/NTC heating wire delivers stable heating levels that offer a cozy sleep haven to sleepers for an extra sound night's sleep.
The Bedsure Quilted Coral Fleece Heated Mattress Pad now comes in two separate controllers to allow couples to set their own desired temperatures. The upgrade lets couples share cozy sweet dreams while having their sleep haven set to meet their individual preference, making the mattress pad a must-have for couples with different beddings and temperature needs.
The zoned design on the Bedsure Quilted Coral Fleece Heated Mattress Pad creates the utmost coziness that adapts to the preference of each person of a loving couple, effectively reducing the energy consumption from other thermoregulation devices, such as a heater or an air conditioner.
The Bedsure Quilted Coral Fleece Heated Mattress Pad is a safe and reliable warmth provider that complies with the UL964 standards for its safety. The product can help an average household to trim off up to 76% a year on the heating bill.
In addition, Bedsure has also upgraded the classic Bedsure Faux Fur Low-Voltage Heated Blanket with added convenience features for frequent travelers.
The Bedsure Faux Fur Low Voltage Heated Blanket provides wearers with a warm and thick shield against extreme cold weather. This year, Bedsure has upgraded the heated faux fur blanket to work with 110v-240v power voltage, making this compact and lightweight blanket a travel essential, especially for those traveling to a colder region.
With a power adapter built in, the Bedsure Faux Fur Low Voltage Heated Blanket can convert high voltage AC home current into the low 24 volt DC, making the international travel-friendly blanket more power efficient. In addition, this blanket is also UL964 compliant for assured safety.
The Bedsure Faux Fur Low Voltage Heated Blanket now comes with the Bedsure Smiley Face Controller with four heating levels with four timer settings. The color-changing temperature indicator interface gives its wearer accurate temperature information with a glance.
The new Bedsure Faux Fur Low Voltage Heated Blanket is available in Black, Grey, Navy, and Brown on Amazon and Bedsurehome.com.
Moving forward, Bedsure is dedicated to continuing its mission to provide customers with comfort and coziness. In the days leading up to the winter season, Bedsure is set to release even more cozy winter products at a great value that will bring coziness to every home. For Bedsure's full product lineup, please visit: https://www.amazon.com/stores/BEDSURE/page/8D364C1E-A5B5-4A23-BED7-91D5BBCF3D8E?ref_=ast_bln
About Bedsure
From the moment you wake up to the second you fall asleep, Bedsure aims to make you and your family comfortable. Founded in 2016, Bedsure is a leading home textile manufacturer with products sold to over 25 million customers in the US and Europe. Since its founding, Bedsure has maintained a compound growth rate of 100% for five consecutive years. While Bedsure has grown into a global company with diverse products to meet different customer needs, its focus on comfortable home products and everyday value stays the same.
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SOURCE Bedsure | https://www.wibw.com/prnewswire/2022/09/28/bedsure-reduces-need-heater-greener-more-cost-effective-winter-with-new-electric-lineup/ | 2022-09-28 15:30:06 | 0 | https://www.wibw.com/prnewswire/2022/09/28/bedsure-reduces-need-heater-greener-more-cost-effective-winter-with-new-electric-lineup/ |
Teacher and student charged in fight at N.C. high school
ROCKY MOUNT, N.C. (WITN/Gray News) - Police charged both a student and a teacher for a fight at Rocky Mount High School in North Carolina.
The first happened Monday in a classroom, and video of it was posted to social media.
Xaviera Steele, a substitute teacher, was charged with simple assault. The student was charged with simple assault through a juvenile petition.
Police said no injuries were reported.
The video appeared to show the student confronting the teacher with the two ending up in a fight on the floor of the classroom. Steele was allegedly on top of the student in the video.
The teacher was released on a written promise to appear in court.
“Mrs. Steele is an employee of Kelly Services, which is a contracted vendor that provides substitutes for Nash County Public Schools,” the school system said in a statement. “Her eligibility to continue employment will be determined by the outcome of the pending investigation.”
Copyright 2023 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2023/04/20/teacher-student-charged-fight-nc-high-school/ | 2023-04-20 13:03:57 | 0 | https://www.kxii.com/2023/04/20/teacher-student-charged-fight-nc-high-school/ |
WASHINGTON (AP) — In the first week after the Supreme Court stripped away a woman’s constitutional right to have an abortion, Democrats and aligned groups raised more than $80 million, a tangible early sign that the ruling may energize voters.
But party officials say donors are giving much of that money to national campaigns and causes instead of races for state office, where abortion policy will now be shaped as a result of the court’s decision. That’s where Republicans wield disproportionate power after more than a decade of plunging money and resources into critical but often-overlooked contests.
The fundraising disparity offers an example of how a lack of long-term planning can lead to both a structural disadvantage and an exasperated Democratic base. Short of the votes to pass legislation through a gridlocked and narrowly divided Congress, the right to abortion now appears to be the latest issue ceded largely to the states. That’s after failed Democratic efforts to expand voting rights, limit gerrymandering and significantly stiffen gun laws.
“We can no longer afford Democrats’ systemic neglect of down-ballot races — not when Republicans are eager to intrude on our health care decisions, bedrooms, and marriages,” said Gabrielle Chew, a spokesperson for the Democratic Legislative Campaign Committee, which helps finance state legislative races. “This should be a wake-up call.”
The massive $80 million fundraising haul was recorded by ActBlue, the Democrats’ online fundraising platform, which has a ticker that shows in real time the money passing through the organization. ActBlue took in over $20 million in the first 24 hours after the Supreme Court overturned Roe v. Wade, the 1973 ruling that determined abortion was a constitutional right. By Tuesday, the group had processed more than $51 million in donations, and by Friday, the total had reached $80 million.
In fact, all major Democratic campaign committees reported a surge in contributions after the ruling, including those working on state-level as well as federal races. Planned Parenthood, too. But few have been willing to release hard numbers.
WinRed, the online fundraising portal for the Republican Party, did not respond to an inquiry about the party’s fundraising since the court’s decision.
The fundraising disparity is nothing new between Democratic groups working for state candidates and those focusing on national issues after a defining moment. For example, ActBlue took in more than $71 million in just 24 hours after the death of Supreme Court Justice Ruth Bader Ginsburg, little of which went to groups working on state-level campaigns.
Consider the case of Democratic National Committee Chair Jaime Harrison, who in 2020 shattered fundraising records in his long-shot bid to oust Republican Sen. Lindsey Graham of South Carolina and head to Congress in Washington. Harrison ended up losing the race by more than 10 points. He raised more than $57 million in the closing months of his campaign, including one 24-hour period in which he raised over $1 million.
But for statehouses? The Democratic Governors Association announced it had raised $200,000 online after the court’s decision last week. The organization said Thursday that it was on pace to raise $1 million before the start of the long Fourth of July weekend.
The Democratic Legislative Campaign Committee, which raises money for state races across the country, declined to say how much it has taken in since the court decision. But its past fundraising figures demonstrate how under-resourced the group is.
The DLCC raised $650,000 in the 48 hours after a leaked copy of the court’s decision surfaced in May. Earlier this year, it celebrated when announcing it had raised nearly $6 million in the final three months of last year.
Its GOP counterpart, the Republican State Leadership Committee, raised more than twice that during the same period last year.
“When Democrats (spend) 1-to-1 with Republicans in legislative races, we win them,” said Greg Goddard, a Florida Democrat who raises money for national and state campaigns. “But when it’s 3-to-1, or 4-to-1, we get clobbered.”
Amanda Litman, co-founder of the group Run For Something, which recruits candidates to run for school boards, city councils and legislatures, said Democrats have a woeful track record when it comes to investing in down-ballot races that also build a bench of future talent.
“The worst laws are going to come from the reddest states, and they are not going to stay in those red state borders. So what are you going to do to mitigate the harm?” Litman said after the abortion ruling. “I want to see Joe Biden doing fundraisers for the DLCC and the DGA.”
The Democratic fundraising eco-system typically rewards social media stars, those who appear on popular liberal shows, like Rachel Maddow, or candidates who go viral online. That’s exceedingly difficult for candidates in races that don’t draw much attention away from home, like most legislative contests.
Meanwhile, big dollar donors have historically donated to national candidates, or groups focused on the presidency or Congress.
Still, some Democrats bristle at the suggestion that down-ballot races don’t get enough attention.
Sam Newton, a spokesperson for the governors association, said it has its own success story to tell. Democratic candidates in key states saw major donation surges after the court decision, he said. The group has also closed a 2-to-1 fundraising gap with Republicans that existed less than a decade ago, reaching parity last year.
Planned Parenthood is part of a joint effort with the abortion rights group NARAL Pro-Choice America and EMILY’s List, which supports women running for office, that plans to spend $150 million up and down the ballot in the 2022 midterms, said Jenny Lawson, executive director of Planned Parenthood Votes.
Governors’ races will be a major focus, she said, citing Michigan and Wisconsin, in particular, where decades-old laws banning abortion are still on the books. (Michigan’s law dates to 1931; Wisconsin’s to 1849.) Michigan Gov. Gretchen Whitmer and Wisconsin Gov. Tony Evers, both Democrats, are facing tough reelection battles.
“Those governors have stood in front of these Republican legislatures who want nothing more than to ban abortion and they have said ‘no,’” said Lawson. “These governors are on the front line, and we need to protect them.”
But others are skeptical that the effort will trickle down outside of high-profile races.
Litman said some party donors are warming up to the idea of giving to down-ballot contests. But there remains a culture in the party, particularly among megadonors, of chasing the “bright, shiny object,” she said. Republicans, meanwhile, treat political giving as a “business investment — you get your judges and tax cuts” and “you spend money patiently knowing it will pay off,” she said.
“We have to balance our short-term immediate electoral goals with a long-term mission to win back these seats,” Litman said.
___
Follow AP for full coverage of the midterms at https://apnews.com/hub/2022-midterm-elections and on Twitter, https://twitter.com/ap_politics | https://cw33.com/news/politics/ap-politics/democrats-swiftly-raised-80m-after-court-overturned-roe/ | 2022-07-02 15:08:43 | 1 | https://cw33.com/news/politics/ap-politics/democrats-swiftly-raised-80m-after-court-overturned-roe/ |
Elmo gets his COVID-19 vaccine in new Sesame Street PSA
(CNN) - Sesame Street is promoting vaccination against COVID-19 for young kids.
Sesame Workshop, the nonprofit educational group behind Sesame Street, released a PSA in which Elmo, who is 3 years old, has just gotten vaccinated.
“There was a little pinch, but that was OK,” Elmo says. “Elmo was really glad to have daddy and baby David there with him.”
Elmo’s dad Louie tells his son, “You were super-duper today getting your COVID vaccine, Elmo.”
Moderna and Pfizer’s vaccines got emergency use approval in the U.S. this month for kids as young as 6 months old.
A Sesame Workshop spokeswoman says they hope the PSA will inspire parents and caregivers across the U.S. to speak with their health care providers to learn about how the vaccines can keep young kids and their families healthy.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/06/28/elmo-gets-his-covid-19-vaccine-new-sesame-street-psa/ | 2022-06-28 18:00:41 | 1 | https://www.mysuncoast.com/2022/06/28/elmo-gets-his-covid-19-vaccine-new-sesame-street-psa/ |
New offering reduces operational risk and burden to in-house pharmacy teams while opening access to the first and largest gig-economy of over 7,000 pharmacists
TAMPA, Fla., Oct. 25, 2022 /PRNewswire/ -- Aspen RxHealth today announced the launch of Alliance by Aspen RxHealth, a clinical pharmacy services model serving payers across the nation. For the first time, the new model will allow health plans' in-house pharmacy teams to utilize Aspen RxHealth's proprietary platform and support services to complete pharmacy consultations for their member or patient populations—eliminating the need for a sizable investment to create a homegrown technology platform, the operational infrastructure to support it, and reducing operational risk and burden placed on payers.
This new care delivery model is revolutionary in its ability to allow for flexibility and contingency planning. Should a client's capacity to complete consultations be insufficient, Aspen RxHealth's gig-economy community of over 7,000 pharmacists is standing by, able to augment efforts and ensure all members receive the care they need without forsaking their experience or outcomes. By utilizing the mobile application and operational infrastructure, a health plan can deliver clinical consultations in-house, while all pre-consultation and post-consultation work including eligibility determination, telephony platform maintenance, queue management, direct mail capabilities, member documentation and quality-related reporting are entirely managed by Aspen RxHealth.
"We're already seeing significant market interest in the innovative delivery model. Clients understand the burdens of building a complicated technology stack from the ground up and in some instances prefer to deploy their in-house pharmacy teams to conduct member outreach – and now they can," said Clayton Walberg, chief commercial officer, Aspen RxHealth. "The peace of mind knowing that you have the largest community of pharmacists at the ready is one of the resounding reasons Alliance by Aspen RxHealth is already taking off. We understand the plight of health plans and are here to act as a true extension of their teams, when they need us."
"This new offering has the potential to address the prevalence of complex care needs and change the trajectory of healthcare as we know it today," said David Medvedeff, CEO and co-founder, Aspen RxHealth. "Granting more patients access to pharmacists – our most highly trained and educated medication experts - when needed, can prevent unnecessary complications and save lives."
Alliance by Aspen RxHealth is the latest in the series of innovations pioneered by the nation's gig-economy pharmacy platform leader. Aspen RxHealth offers a full suite of clinical pharmacy solutions including comprehensive medication management, medication adherence, transitions of care, member education, condition management and specialty medication management. By offering new ways for pharmacists to utilize their licenses to their fullest potential, Aspen RxHealth is creating an infrastructure that keeps patients healthier, reduces costs and increases satisfaction among clinicians.
Aspen RxHealth provides clinical pharmacy services to health plans, strategic partners, provider groups, and life sciences organizations via a mobile-based technology platform which intelligently matches pharmacists with patients to enrich the patient-pharmacist experience, drive medication adherence, and overall health outcomes. Aspen RxHealth's community of more than 7,000 pharmacists empowers patients with the information and action plans they need to achieve the optimal outcomes from their medications. For more information, visit www.aspenrxhealth.com
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SOURCE Aspen RxHealth | https://www.kxii.com/prnewswire/2022/10/25/aspen-rxhealth-launches-clinical-pharmacy-services-platform-payers/ | 2022-10-25 13:51:14 | 0 | https://www.kxii.com/prnewswire/2022/10/25/aspen-rxhealth-launches-clinical-pharmacy-services-platform-payers/ |
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