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NEW YORK, June 30, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Riskified Ltd. ("Riskified Ltd." or the "Company") (NYSE: RSKD) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Riskified Ltd. investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all persons or entities who purchased Riskified Class A ordinary shares in or traceable to the Company's July 2021 initial public offering. Follow the link below to get more information and be contacted by a member of our team:
RSKD 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) as Riskified expanded its user base, the quality of Riskified's machine learning platform had deteriorated (rather than improved as represented in documents issued in connection with the July 2021 initial public offering), because of, among other things, inaccuracies in the algorithms associated with onboarding new merchants and entering new geographies and industries; (ii) Riskified had expanded its customer base into industries with relatively high rates of fraud – including partnerships with cryptocurrency and remittance business – in which Riskified had limited experience and that this expansion has negatively impacted the effectiveness of Riskified's machine learning platform; (iii) as a result, Riskified was suffering from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and (iv) thus, the representations in documents issued in connection with the July 2021 initial public offering regarding Riskified's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of Riskified prior to and at the time of the July 2021 initial public offering, and were materially false and misleading, and lacked a factual basis.
WHAT'S NEXT? If you suffered a loss in Riskified Ltd. during the relevant time frame, you have until July 1, 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.wlbt.com/prnewswire/2022/06/30/rskd-lawsuit-alert-levi-amp-korsinsky-notifies-riskified-ltd-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-30T11:06:39Z | https://www.wlbt.com/prnewswire/2022/06/30/rskd-lawsuit-alert-levi-amp-korsinsky-notifies-riskified-ltd-investors-class-action-lawsuit-upcoming-deadline/ | false |
Hammer-wielding woman repeatedly punched man in the street after they fell out on Facebook over his treatment of horse named Daisy
- Kirsty Smith, 33, charged at a man with a hammer and punched him four times
- The pair were friends but argued over the welfare of a horse the man took care of
- Smith says she felt fear when he arrived in her Stoke-on-Trent street in July 2020
- She received a 12-month community order for inflicting a head wound upon him
A woman who punched a man in the head four times while wielding a hammer in front of frightened onlookers has been spared prison.
Kirsty Smith, 33, charged out of her home in Stoke-on-Trent, Staffordshire, on July 13, 2020, brandishing the tool in the street before lashing out at the man with her fist.
The man suffered a wound to his head. Now Smith has been handed a 12-month community order.
Stoke-on-Trent Crown Court heard Smith shared an interest in horses with her victim but the pair fell out after an exchange of messages on Facebook about her concerns for the welfare of a horse named Daisy.
Smith claimed she felt fear when the man turned up unexpectedly in her street with two other people.
Prosecutor David Jackson said the defendant and her victim had known each other for four years.
Kirsty Smith (pictured outside court), 33, charged out of her home in Stoke-on-Trent, Staffordshire, on July 13, 2020, brandishing the tool before lashing out at the man with her fist.
Mr Jackson said: 'They got on well until November 2019 when they had a fall out over Facebook.
'Matters came to a head on July 13, 2020 over a series of messages concerning a horse called Daisy looked after by the man. He arrived at her home at 2pm with a woman and another.
'The defendant came out and ran past the woman towards the man carrying a hammer. She lashed out with her fist four times connecting with his head. He managed to push her away.
'She went back inside her house. He realised he was bleeding from a head wound. The defendant was arrested.'
In her police interview Smith said she had been threatened.
Smith pleaded guilty to assault occasioning actual bodily harm. Her plea was on the basis that a number of people attended her home and she felt threatened and frightened.
She accepted she made contact with the man's head and caused the injury with her jewellery, including a sovereign ring.
Stoke-on-Trent Crown Court (pictured) imposed a 12-month community order on Smith with a rehabilitation activity requirement for 35 days. She was also made the subject of a restraining order which prevents her from contacting her victim for three years
Anis Ali, mitigating, said Smith was 'embarrassed', 'ashamed' and 'anxious' and fearful of the potential consequences of the court hearing.
Mr Ali said: 'She will maintain that the offence is a culmination of a number of months of perceived harassment, intimidation and threats that came towards her by the complainant. There were references to a hospital bed and a bullet. It is no surprise that she felt in fear.
'She was anxious and shocked. He was in the company of others. Her reaction was spontaneous, impulsive and it was short-lived in duration.
'It was excessive self-defence and the injury was caused by her jewellery. It was not intended as a weapon and not used as a weapon.'
As part of the community order, Smith must complete a rehabilitation activity requirement for 35 days. She was also made the subject of a restraining order which prevents her from contacting her victim for three years.
Judge Graeme Smith said: 'Almost two years ago you caused injury to this man. Fortunately the injury was relatively minor.
'There was an exchange of messages concerning a horse and the wellbeing of that horse. That resulted in him coming to your property. He was not on his own. You were abusing him on Facebook. He was abusing you.
'When he came, I accept you were anxious and fearful. It does not excuse what you did. What you should have done is stayed inside and not gone out to confront him and you would not be here today.
'You struck him with your hand and you happened to be wearing jewellery which contributed to his injury.' | https://www.dailymail.co.uk/news/article-10968627/Hammer-wielding-woman-repeatedly-punched-man-street-fell-care-horse.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-06-30T11:06:57Z | https://www.dailymail.co.uk/news/article-10968627/Hammer-wielding-woman-repeatedly-punched-man-street-fell-care-horse.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | false |
Explosion levels home, damages several others
By KCAL/KCBS Staff
Click here for updates on this story
VICTORVILLE, California (KCAL/KCBS) — An explosion leveled at least one home and damaged several others early Wednesday in Victorville.
The explosion was reported just before 3 a.m. in the 14900 block of Adalane Court in Victorville. One house was completely leveled by the explosion, which also sparked a fire at the home next door and damaged several homes across the street.
At least one woman was in the house at the time of the explosion. Her family breeds dogs, so they were at a dog show.
The woman’s condition is not known at this time. Neighbors say at least one dog was seen being rescued.
Neighbors describe hearing loud bangs just before 3 a.m., and the last one felt like an earthquake shaking the entire neighborhood that sent debris flying.
Joshlyn Brunt says her neighbor was thrown into her backyard from the force of the explosion.
“I heard her screaming, ‘help me, call the police,’ and she was on my back porch,” Brunt said. “And I just couldn’t get to her because at the time they were telling us to get out the house, because of all the gas leak. So I had to get my kids out the house, but I did send the fire person back there to get her.”
Other neighbors say the gas company was in the neighborhood a couple of weeks ago, prompting talk of a gas leak then, but it’s unclear if that visit had anything to do with Wednesday’s explosion.
Authorities remain at the scene, inspecting the damaged homes. At least two homes in the neighborhood have been red-tagged.
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://kion546.com/news/2022/06/30/explosion-levels-home-damages-several-others/ | 2022-06-30T11:08:05Z | https://kion546.com/news/2022/06/30/explosion-levels-home-damages-several-others/ | true |
NEW YORK, June 30, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Digital Turbine, Inc. ("Digital Turbine" or the "Company") (NASDAQ: APPS) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Digital Turbine investors who were adversely affected by alleged securities fraud between August 9, 2021 and May 17, 2022. Follow the link below to get more information and be contacted by a member of our team:
APPS 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: (1) the Company's recent acquisitions, AdColony and Fyber, act as agents in certain of their respective product lines; (2) as a result, revenues for those product lines must be reported net of license fees and revenue share, rather than on a gross basis; (3) the Company's internal control over financial reporting as to revenue recognition was deficient; and (4) as a result of the foregoing, the Company's net revenues was overstated throughout fiscal 2022; 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.
WHAT'S NEXT? If you suffered a loss in Digital Turbine during the relevant time frame, you have until August 5, 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.wistv.com/prnewswire/2022/06/30/apps-lawsuit-alert-levi-amp-korsinsky-notifies-digital-turbine-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-30T11:09:15Z | https://www.wistv.com/prnewswire/2022/06/30/apps-lawsuit-alert-levi-amp-korsinsky-notifies-digital-turbine-inc-investors-class-action-lawsuit-upcoming-deadline/ | true |
TSXV:OIII | OTCQX:OIIIF - O3 Mining
TORONTO, June 30, 2022 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation) is pleased to announce it has received results and interpretation from its 6,338 metres drilling campaign on the Camflo Extension deposit, on the Marban Project in Val-d'Or, Quebec, Canada.
- 1.1 g/t Au over 94.3 metres including 13.8 g/t Au over 1.1 metres in hole O3MA-22-253-W1.
- 0.7 g/t Au over 116.5 metres and 26.8 g/t Au over 1.0 metre in hole O3MA-21-253.
- All holes and wedges returned large mineralized intervals within the Camflo Plug.
The Camflo deposit was first discovered in 1962 by Camflo Mines, and was in production for 30 years from 1962 to 1992. It produced a total of 1.89 million ounces of gold from 10.3 million tonnes of ore grading 5.7 g/t Au. From this amount, 0.24 million ounces of gold were extracted within the current O3 Mining Marban project claims (Source: QERPUB-M.E.R. Publication DV93-01 Rapports des Géologues Résidents sur l'Activité Minière Régionale, 1993). Historically, gold production was mainly restricted to the Camflo Plug, a cigar shaped quartz-monzonitic intrusion that plunges 60° towards the north-east. Although the Camflo plug at surface is outside O3 Mining's property claims, the extension of the plug and the mine below 800 vertical metres is within the Marban project, as it plunges toward the north-east.
Exploration efforts by O3 Mining aimed to test the depth extensions of the historic Camflo deposit, as well as test for additional high-grade zones. A total of 6,338 metres in 2 drill holes and 3 wedges were drilled on the Camflo Extension, with results summarized in Table 1. Assay results are pending for hole O3MA-22-254-W1.
O3 Mining's President and Chief Executive Officer, Mr. Jose Vizquerra commented, "The Camflo mine was the first mine from which Barrick Gold started its successful journey, and was stopped due to a challenging gold price environment but not due to a lack of ore. O3 Mining owns 100% of the Camflo Extension deposit which we successfully tested and verified that it remains a rich mineralized area at depth. We believe more drilling in this area will unveil its full potential, however, it demands more financial resources which we are allocating to our current brownfield drilling at Marban Engineering to maximize returns to our shareholders."
O3 Mining drilled two-parent holes with one and two daughter branches that successfully intersected the plug at the predicted depth. All branches intercepted a very wide envelope of mineralization mainly located on the northern side (hanging wall) of the plug with discrete high-grade intercepts. The best results came from hole O3MA-22-253-W1 which returned 1.1 g/t Au over 94.3 metres with a high-grade interval that yielded 13.8 g/t Au over 1.1 metres.
Table 1: Drill Hole Intercepts (only intercepts above 5 g/t Au * m are reported)
The scientific and technical content of this news release has been reviewed, prepared, and approved by Mr. Sébastien Vigneau. (OGQ #993), Principal Geologist, who is a "qualified person" as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects ("NI 43-101").
O3 Mining Inc., an Osisko Group company, is a gold explorer and mine developer on the road to produce from its highly prospective gold camps in Québec, Canada. O3 Mining benefits from the support, previous mine-building success, and expertise of the Osisko team as it grows towards being a gold producer with several multi-million-ounce deposits in Québec.
O3 Mining is well-capitalized and owns a 100% interest in all its properties (66,000 hectares) in Québec. O3 Mining trades on the TSX Venture Exchange (TSXV: OIII) and OTC Markets (OTCQX: OIIIF). The Corporation is focused on delivering superior returns to its shareholders and long-term benefits to its stakeholders. Further information can be found on our website at https://o3mining.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
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SOURCE O3 Mining Inc. | https://www.kold.com/prnewswire/2022/06/30/o3-mining-expands-mineralization-corridor-camflo-extension-intersecting-94-metres-11-gt-au/ | 2022-06-30T11:09:27Z | https://www.kold.com/prnewswire/2022/06/30/o3-mining-expands-mineralization-corridor-camflo-extension-intersecting-94-metres-11-gt-au/ | true |
Tuesday, August 2, 2022, at 8:00 a.m. ET
PARIS, June 30, 2022 /PRNewswire/ -- Sequans Communications S.A. (NYSE: SQNS), a leading developer and provider of 5G/4G chips and modules, will release its second quarter 2022 financial results on Tuesday, August 2, 2022, during pre-market hours. Following the announcement, Sequans' management will host a conference call at 8:00 a.m. ET.
Conference Call Details
A live and archived webcast of the call will be available from the Investor Relations section of the Sequans website at www.sequans.com/investors/webcasts-and-presentations. An audio replay of the conference call will be available until August 16, 2022, by dialing toll-free 1-844-512-2921 in the U.S., or + 1-412-317-6671 from outside the U.S., using the following access code: 13730885.
Sequans Communications S.A. (NYSE: SQNS) is a leading developer and provider of 5G and 4G chips and modules for IoT devices. For 5G/4G massive IoT applications, Sequans provides a comprehensive product portfolio based on its flagship Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms, featuring industry-leading low power consumption, a large set of integrated functionalities, and global deployment capability. For 5G/4G broadband and critical IoT applications, Sequans offers a product portfolio based on its Cassiopeia 4G Cat 4/Cat 6 and high-end Taurus 5G chip platforms, optimized for low-cost residential, enterprise, and industrial applications. Founded in 2003, Sequans is based in Paris, France, with additional offices in the United States, United Kingdom, Israel, Hong Kong, Singapore, Finland, Taiwan, South Korea, and China. Visit Sequans online at www.sequans.com; www.facebook.com/sequans; www.twitter.com/sequans.
Media Relations: Kimberly Tassin, +1.425.736.0569, Kimberly@sequans.com
Investor Relations: Kim Rogers, Hayden IR, +1 385.831.7337, Kim@haydenir.com
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SOURCE Sequans Communications | https://www.kmvt.com/prnewswire/2022/06/30/sequans-announces-conference-call-review-second-quarter-2022-results/ | 2022-06-30T11:12:18Z | https://www.kmvt.com/prnewswire/2022/06/30/sequans-announces-conference-call-review-second-quarter-2022-results/ | false |
ANAHEIM, Calif. (AP) — Whether Shohei Ohtani is unleashing his 101 mph fastball or dispensing his large array of breaking balls, the Angels’ two-way ace has overpowered every opponent during his shutout surge through June.
Ohtani still had to dig deep into his nearly bottomless bag of pitches to beat the White Sox.
The right-hander extended his scoreless streak to 21 2/3 innings while pitching five-hit ball into the sixth with 11 strikeouts in Los Angeles’ 4-1 victory over Chicago on Wednesday night.
“This one was huge for us because we wanted to win the series, and it’s going to lead to better stuff down the road,” Ohtani said through a translator after winning his fourth consecutive start.
Ohtani (7-4) yielded five singles and a walk, and the White Sox had to work for every small success against him. The reigning AL MVP hasn’t allowed a run since the fifth inning of his brilliant seven-inning outing in Boston on June 9, giving him an 0.34 ERA in his last four starts with 36 strikeouts — 24 in the last two games.
“(The slider) was working really well for me, especially early in the game,” Ohtani said. “I think they started to catch onto the softer stuff later, so I mixed in more fastballs. Just going with the flow.”
Translator Ippei Mizuhara says this matter-of-factly, but Ohtani’s array of pitches is maddening for opponents and eye-popping to his teammates.
“He’s got six, seven, eight pitches, and he can change speed on all of them,” said his catcher, Max Stassi. “It’s special what he can do and how he can manipulate it. … You never know what you’re going to get. It’s the kitchen sink coming at you all the time.”
Ohtani went 0 for 3 with a walk at the plate, but Luis Rengifo hit a two-run homer and Mike Trout had an early RBI double as the Angels finished their disappointing 4-5 homestand on a positive note because of their superstar’s work on the mound.
Michael Kopech (2-5) yielded five hits and two walks over 5 1/3 innings for the White Sox, who have lost six of eight. Chicago loaded the bases in the fourth, but couldn’t capitalize.
“We didn’t put the ball in play enough,” manager Tony La Russa said. “We had a real good shot in the fourth. I thought we had good at-bats, (but Ohtani) has got weapons. He’s for real.”
Ohtani’s streak included scoreless efforts in victories over Seattle and Kansas City before this tough challenge against the White Sox, who pounded out 17 hits and 11 runs one night earlier. After he struck out a career-high 13 Royals last week, Ohtani reached double-digit strikeouts for the fifth time this season against Chicago.
He gave up two singles while racking up three strikeouts in the first inning, and the Angels scored moments later when Taylor Ward delivered a leadoff single and came around on Trout’s double. Trout then scored when Kopech made an error at first base while Chicago tried to turn a tricky 3-6-1 double play.
Ohtani escaped a bases-loaded jam in the fourth after allowing two more singles and a walk, striking out Josh Harrison with a slider. Ohtani also reached back for two fastballs over 100 mph during the inning.
Rengifo doubled Los Angeles’ lead and chased Kopech with his two-run shot into the ficus trees beyond center field in the sixth.
GOOD HOOK
Angels acting manager Ray Montgomery pulled Ohtani with José Abreu on first after Ohtani struck out Gavin Sheets with his 108th pitch, matching his season high.
“I think he did everything he could do for us tonight,” Montgomery said.
Abreu got to third when reliever José Quijada gave up a long single to A.J. Pollock, but Quijada escaped the jam and kept Ohtani’s streak intact.
“Ideally, I would have liked to finish that inning off,” Ohtani said. “But they have a really good lineup, and they were fighting each at-bat and getting my pitch count up.”
LATE RUN
Chicago avoided its third shutout loss of the season when Luis Robert reached on shortstop Andrew Velazquez’s throwing error and eventually scored on Ryan Tepera’s wild pitch in the eighth.
Tepera escaped that jam, and Raisel Iglesias pitched the ninth for his 15th save.
TRAINER’S ROOM
White Sox: Yoán Moncada was in major pain after fouling a ball off his foot in the eighth, but he stayed in. He went to get X-rays after the game.
Angels: Ohtani appeared to be favoring his back in a late-game plate appearance, but he said it should be fine. “Fortunately, we’ve got an off day tomorrow,” he said.
UP NEXT
White Sox: After a travel day, Lance Lynn (1-1, 6.19 ERA) takes the mound in San Francisco on Friday to open a weekend series against the Giants.
Angels: After a travel day, Michael Lorenzen (6-5, 4.24 ERA) takes the mound in Houston on Friday to open a nine-game road trip and a three-game series against the AL West-leading Astros.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://www.cenlanow.com/sports/ohtani-ks-11-extends-scoreless-streak-in-4-1-win-over-wsox/ | 2022-06-30T11:13:17Z | https://www.cenlanow.com/sports/ohtani-ks-11-extends-scoreless-streak-in-4-1-win-over-wsox/ | true |
NEW YORK, June 30, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Upstart, Inc. ("Upstart" or the "Company") (NASDAQ: UPST) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Upstart investors who were adversely affected by alleged securities fraud between March 18, 2021 and May 9, 2022. Follow the link below to get more information and be contacted by a member of our team:
UPST 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: (1) Upstart's AI model could not adequately account for macroeconomic factors such as interest rates that impact the market-clearing price for loans; (2) as a result, Upstart was experiencing a negative impact on its conversion rate; (3) as a result, the Company was reasonably likely to use its balance sheet to fund loans; and (4) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
WHAT'S NEXT? If you suffered a loss in Upstart during the relevant time frame, you have until July 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/2022/06/30/upst-lawsuit-alert-levi-amp-korsinsky-notifies-upstart-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-30T11:14:06Z | https://www.kxii.com/prnewswire/2022/06/30/upst-lawsuit-alert-levi-amp-korsinsky-notifies-upstart-inc-investors-class-action-lawsuit-upcoming-deadline/ | false |
You need to enable JavaScript to run this app. | https://sportspyder.com/mlb/cincinnati-reds/articles/39940570 | 2022-06-30T11:20:34Z | https://sportspyder.com/mlb/cincinnati-reds/articles/39940570 | false |
NEW YORK, June 30, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in First High-School Education Group Co., Ltd. ("FHS" or the "Company") (NYSE: FHS) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of FHS investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all persons or entities who purchased FHS American Depositary Shares in or traceable to the Company's March 2021 initial public offering. Follow the link below to get more information and be contacted by a member of our team:
FHS 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: (a) the new rules, regulations and policies to be implemented by the Chinese government following the Two Sessions parliamentary meetings were far more severe than represented to investors and posed a material adverse threat to the Company and its business; (b) contemplated Chinese regulations and rules regarding private education were leading to a slowdown of government approval to open new educational facilities which would have a negative effect on FHS's enrollment and growth; and (c) as a result, representations made in connection with the Company's initial public offering regarding FHS's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of the Company at the time of the initial public offering, and were materially false and misleading and lacked a factual basis.
WHAT'S NEXT? If you suffered a loss in FHS during the relevant time frame, you have until July 11, 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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ARLINGTON, Va., June 30, 2022 /PRNewswire/ -- GEF Capital Partners ("GEF Capital"), a Washington, D.C. based sustainability-focused private equity firm, announced today that it has completed the acquisition of Lifecycle Renewables Inc. ("Lifecycle Renewables" or "LRI"), a leading provider of renewable heating oil. GEF Capital has structured its investment in LRI to help the company continue to increase production of its trademarked biogenic fuel, LR100™, and to expand its geographic reach beyond the Northeast and Mid-Atlantic to meet the growing demand for sustainable fuels in North America.
Lifecycle Renewables collects used cooking oil (UCO) from its foodservice partners and converts it into a renewable heating oil, LR100™, which reduces greenhouse gas emissions by as much as 80% compared to conventional heating oil derived from fossil fuels. District energy systems, academic institutions, and healthcare facilities are among the customers that rely on LR100™ to not only meet their heating needs, but to do so in a way that helps these customers reach their Net Zero carbon emissions targets.
"We are excited to partner with GEF Capital in this next phase of development for Lifecycle Renewables," said Rory Gaunt, Lifecycle Renewables' Founder and Chief Executive Officer. "As our clients seek to expand their use of renewable biofuels, Lifecycle stands ready to support them. The investment from GEF Capital will help the company continue to scale to meet an increasingly diverse set of customers looking for solutions to meet their carbon emissions goals".
"Lifecycle Renewables falls squarely within our core investment theme of supporting companies that provide innovative climate change and pollution mitigation solutions" said Daniel Prawda, Managing Partner at GEF Capital who led the Lifecycle investment. "At a time when institutions are seeking strategies to attain Net Zero targets, Lifecycle provides an easy, low cost, low risk and highly effective step towards decarbonizing emissions tied to heating".
Catherine Lien, a Vice President at GEF Capital who co-led the investment in Lifecycle added: "We are very excited to partner with Lifecycle Renewables' management team to support the continued growth of the business and the further adoption of LR100™. As innovators of low-carbon fuel solutions, Lifecycle Renewables has developed the types of novel approaches to emissions reduction that are becoming increasingly critical to support the energy transition and combat climate change. We look forward to working with the Lifecycle team to expand these solutions to meet market demand."
Boenning & Scattergood served as exclusive financial advisor to Lifecycle Renewables and WindSail Capital Group, Lifecycle Renewables' financial partner since 2017. "We are proud of everything Rory and the Lifecycle Renewables team have accomplished over the last five years in creating a new path to decarbonize the liquid heating fuels market in the Northeast and we look forward to great things from their partnership with GEF Capital," said Ian Bowles, Managing Director of WindSail Capital Group.
Lifecycle Renewables collects used cooking oil from restaurants and other foodservice entities in the Northeast and Mid-Atlantic and processes it into an eco-friendly renewable heating oil for utility grade energy customers. Founded in 2008, Lifecycle Renewables is headquartered in Tewksbury, MA, and has processing plants located throughout the Northeastern United States. Visit www.lifecyclerenewables.com for additional information.
GEF Capital Partners is a global private equity firm that that was established in March 2018 following a collaborative spinout from Global Environment Fund, an early pioneer in global sustainability and environmental investing. With offices in the United States, India and Brazil, and investments spanning the clean energy, energy efficiency, waste, water and resource efficiency sectors, GEF Capital invests in companies that have developed solutions to help address climate change and pollution mitigation. By partnering with management teams that operate in high-growth markets, GEF Capital brings a value-added approach to its investments to grow companies and ensure a more sustainable future. More is available at www.gefcapital.com.
WindSail Capital Group is a Boston-based investment firm that provides growth capital to early-stage commercial businesses advancing energy innovation and sustainability. WindSail's unique approach offers companies flexible and creative capital solutions that meet their specific needs while facilitating growth and minimizing dilution. WindSail typically invests $2-10 million in each transaction. For more information, please visit www.windsailcapital.com.
FOR ADDITIONAL INFORMATION CONTACT:
Lifecycle Renewables
Rory Gaunt
617.633.2101
rory@lifecyclerenewables.com
GEF Capital Partners
Daniel Prawda
240.401.0896
dprawda@gefcapital.com
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SOURCE GEF Capital Partners | https://www.wsaz.com/prnewswire/2022/06/30/gef-capital-partners-completes-acquisition-lifecycle-renewables-accelerate-growth/ | 2022-06-30T11:23:54Z | https://www.wsaz.com/prnewswire/2022/06/30/gef-capital-partners-completes-acquisition-lifecycle-renewables-accelerate-growth/ | false |
WFO RENO Warnings, Watches and Advisories for Thursday, June 30, 2022
_____
SPECIAL WEATHER STATEMENT
Special Weather Statement
National Weather Service RENO NV
321 AM PDT Thu Jun 30 2022
...Cooler and Breezy 4th of July Weekend...
* Noticeably cooler with high temperatures 5-15 degrees below
average Sunday and Monday. Highs in the low to mid 80s are
expected in the lower valleys with upper 60s to low 70s in
Sierra valleys. This may feel like an abrupt change for many,
especially in mountain communities.
* Enhanced westerly wind gusts 30-35 mph and dry conditions are
expected areawide Saturday, with lighter but still gusty winds
Sunday and Monday. Avoid causing sparks near dry vegetation. As
always, follow local fire and firework restrictions.
Additionally, expect some boating impacts Saturday and Sunday
afternoon as area lakes will be choppy.
* Showers and thunderstorms are possible Sunday afternoon through
early Monday across far northeast California and northwestern
Nevada. Make sure to stay up-to-date with the most recent
forecast and plan your outdoor activities accordingly.
_____
Copyright 2022 AccuWeather | https://www.mrt.com/weather/article/CA-WFO-RENO-Warnings-Watches-and-Advisories-17276118.php | 2022-06-30T11:24:17Z | https://www.mrt.com/weather/article/CA-WFO-RENO-Warnings-Watches-and-Advisories-17276118.php | false |
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This asset has some traction but few have discovered it yet.
Stock Illustration ID: 29433670
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Illustration Contributor | https://www.shutterstock.com/image-illustration/abstract-background-green-palette-29433670 | 2022-06-30T11:25:10Z | https://www.shutterstock.com/image-illustration/abstract-background-green-palette-29433670 | true |
MIAMI, June 30, 2022 /PRNewswire/ -- Mexigin®, the world's first dark spiced gin, announced they have been selected by StartEngine Capital LLC to kick off their first Regulation Crowdfunding raise today on the equity crowdfunding platform StartEngine. StartEngine was founded by Howard Marks, the co-founder of Activision and was joined by the respected businessman and Shark Tank Television judge Kevin O'Leary as StartEngine's Strategic Advisor and Investor. After being accepted onto the StartEngine platform, Mexigin, Inc. is now filed with the SEC.
Inspired by New World Latin flavors, Mexigin is small batch dark, spiced craft Gin. It is smooth tasting and combines a variety of savory all natural spices and flavors giving it a robust taste with just a little heat for a finish. Launched December 2020 by Founder/CEO Corinne Delaney, Mexigin is sustainably produced and gluten-free.
"I'm so thrilled the StartEngine team selected us as a partner on their crowd funding platform," said Delaney. "The proceeds from this first raise will give us the capital to scale production, extend distribution and implement our marketing initiatives across 45 States. We're in a great position to take Mexigin to the next level, lead the craft Gin category and grab share from the mainstream Gin market."
Mexigin is building an ecommerce platform with partner Passion Spirits scheduled to launch later this summer at Mexigin. Mexigin is distributed by Park Street in the highly competitive Florida, New Jersey, and New York markets.
Want to disrupt the craft gin market? Invest in Mexigin Spiced Gin Join us and come along for the ride. Check us out Mexigin on StartEngine!
Pam Henning
Pam@PamalotEntertainment.com
+1-917-767-5258
MEXIGINCO.COM
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SOURCE Mexigin | https://www.wsaz.com/prnewswire/2022/06/30/mexigin-spiced-gin-announces-first-regulation-crowdfunding-startengine/ | 2022-06-30T11:25:21Z | https://www.wsaz.com/prnewswire/2022/06/30/mexigin-spiced-gin-announces-first-regulation-crowdfunding-startengine/ | false |
COLOMBO, Sri Lanka (AP) — Chamila Nilanthi is tired of all the waiting. The 47-year-old mother of two spent three days lining up to get kerosene in the Sri Lankan town of Gampaha, northeast of the capital Colombo. Two weeks earlier, she spent three days in a queue for cooking gas — but came home with none.
“I am totally fed up, exhausted,’’ she said. “I don’t know how long we have to do this.’’
A few years ago Sri Lanka’s economy was growing strongly enough to provide jobs and financial security for most. It’s now in a state of collapse, dependent on aid from India and other countries as its leaders desperately try to negotiate a bailout with the International Monetary Fund.
What’s happening in this South Asian island nation of 22 million is worse than the usual financial crises seen in the developing world: It’s a complete economic breakdown that has left ordinary people struggling to buy food, fuel and other necessities and has brought political unrest and violence.
“It really is veering quickly into a humanitarian crisis,’’ said Scott Morris, a senior fellow at the Center for Global Development in Washington.
Such disasters are more commonly seen in poorer countries, in sub-Saharan Africa or in war-torn Afghanistan. In middle-income countries such as Sri Lanka they are rarer but not unheard of: 6 million Venezuelans have fled their oil-rich home country to escape a seemingly unending political crisis that has devastated the economy.
Indonesia, once touted as an “Asian Tiger’’ economy, endured Depression-level deprivation in the late 1990s that led to riots and political unrest and swept away a strong man who’d held power for three decades. The country now is a democracy and a member of the Group of 20 biggest industrial economies.
Sri Lanka’s crisis is largely the result of staggering economic mismanagement combined with fallout from the pandemic, which along with 2019 terrorism attacks devastated its important tourism industry. The COVID-19 crisis also disrupted the flow of payments home from Sri Lankans working abroad.
The government took on big debts and slashed taxes in 2019, depleting the treasury just as COVID-19 hit. Sri Lanka’s foreign exchange reserves plummeted, leaving it unable to pay for imports or defend its beleaguered currency, the rupee.
Ordinary Sri Lankans — especially the poor — are paying the price. They wait for days for cooking gas and petrol — in lines that can extend more than 2 kilometers (1.2 miles). Sometimes, like Chamila Nilanthi, they go home with nothing.
Eleven people have died so far waiting for gasoline. The latest was a 63-year-old man found dead inside his vehicle on the outskirts of Colombo. Unable to get gasoline, some have given up driving and resorted to bicycles or public transportation to get around.
The government has closed urban schools and some universities and is giving civil servants every Friday off for three months, to conserve fuel and allow them time to grow their own fruit and vegetables.
Food price inflation is running at 57%, according to government data, and 70% of Sri Lankan households surveyed by UNICEF last month reported cutting back on food consumption. Many families rely on government rice handouts and donations from charities and generous individuals.
Unable to find cooking gas, many Sri Lankans are turning to kerosene stoves or cooking over open fires.
Affluent families can use electric induction ovens for cooking, unless the power is out. But most Sri Lankans can’t afford those stoves or higher electric bills.
Sri Lankans furious over fuel shortages have staged protests, blocked roads and confronted police. Fights have broken out when some try to jump ahead in fuel lines. Police have attacked unruly crowds.
One night last week, a soldier was seen assaulting a police officer at a fuel station in a dispute over gasoline distribution. The police officer was hospitalized. The police and military are separately investigating the incident.
The crisis is a crushing blow to Sri Lanka’s middle class, estimated to account for 15% to 20% of the country’s urban population. Until it all came apart, they enjoyed financial security and increasing standards of living.
Such a reversal is not unprecedented. In fact, it looks like what happened to Indonesia in the late 1990s.
The U.S. Agency for International Development — which runs aid projects for poor countries — was preparing to close up shop in the Indonesian capital Jakarta; the country didn’t seem to need the help. “As one of the Asian Tigers, it had worked its way off the aid list,’’ recalls Jackie Pomeroy, an economist who worked on a USAID project in the Indonesian government before joining the World Bank in Jakarta.
But then a financial crisis — triggered when Thailand suddenly devalued its currency in July 1997 to combat speculators — swept across East Asia. Plagued by widespread corruption and weak banks, Indonesia was hit especially hard. Its currency plummeted against the U.S. dollar, forcing Indonesian companies to cough up more rupiahs to pay back dollar-denominated loans.
Businesses closed. Unemployment soared. Desperate city dwellers returned to the countryside where they could grow their own food. The Indonesian economy shrank more than 13% in 1998, a Depression-level performance.
Desperation turned to rage, and demonstrations against the government of Suharto, who’d ruled Indonesia with an iron fist since 1968. “It very quickly rolled into scenes of political unrest,’’ Pomeroy said. “It became an issue of political transition and Suharto.’’ The dictator was forced out in May 1998, ending autocratic rule.
Although they live in a democracy, many Sri Lankans blame the politically dominant Rajapaksa family for the disaster. “It’s their fault, but we have to suffer for their mistakes,” said Ranjana Padmasiri, who works as a clerk at a private firm.
Two of the three top Rajapaksas have resigned — Prime Minister Mahinda Rajapaksa and Basil Rajapaksa, who was finance minister. Protesters have been demanding that President Gotabaya Rajapaksa also step down. They’ve camped outside his office in Colombo for more than two months.
Resignation, Padmasiri said, isn’t enough. “They can’t get away easily,’’ he said. “They must be held responsible for this crisis.’’
___
Wiseman reported from Washington. | https://www.wane.com/news/business/ap-business/gas-lines-and-scuffles-sri-lanka-faces-humanitarian-crisis/ | 2022-06-30T11:28:16Z | https://www.wane.com/news/business/ap-business/gas-lines-and-scuffles-sri-lanka-faces-humanitarian-crisis/ | true |
Heavy downpour across coastal Karnataka has disrupted normal life in several places. An orange alert has been issued in the Dakshina Kannada district.
Uttara Kannada district and Udupi have also received heavy rains.
Schools and colleges have been closed due to heavy rain in the Dakshina Kannada district. Many roads in Mangaluru city were inundated due to incessant rainfall.
According to the Mangaluru DC KV Dr. Rajendra, the situation is critical and heavy showers are expected to continue in the next 48 hours.
The DC said, "It's orange alert today and it has been raining very heavily. Since it was late, a holiday was declared for all schools and colleges. Due to heavy rains in the last 24 hours, water has come on the roads in some places. As of now no casualties have been reported. Things are going to be much more complicated in the next 48 hours. It's going to rain very heavily."
The DC added, "Everyone has been asked to be on a lookout for landslides, earthquakes and inundation. Disaster Management has been alerted- everyone has been alerted- NDMA, SDRF teams, Fire and emergency they're all here. On an average 150-millimeter rainfall has been recorded in the district, although the exact figures are yet to be ascertained.”
The Met department has issued a yellow alert till July 4. It has predicted thunderstorms accompanied by lightning, with light to moderate spells of rain with wind speed reaching 30 to 40 kilometres per hour is likely to occur in Dakshina Kannada, Uttara Kannada and Udupi districts. | https://www.indiatoday.in/india/story/heavy-rains-karnataka-orange-alert-dakshina-kannada-1968590-2022-06-30 | 2022-06-30T11:29:31Z | https://www.indiatoday.in/india/story/heavy-rains-karnataka-orange-alert-dakshina-kannada-1968590-2022-06-30 | false |
NEW YORK, June 30, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Amazon.com, Inc. ("Amazon" or the "Company") (NASDAQ: AMZN) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Amazon investors who were adversely affected by alleged securities fraud between February 1, 2019 and April 5, 2022. Follow the link below to get more information and be contacted by a member of our team:
AMZN 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) Amazon engaged in anticompetitive conduct in its private-label business practices, including giving Amazon products preference over those of its competitors and using third-party sellers' non-public data to compete with them; (ii) the foregoing exposed Amazon to a heightened risk of regulatory scrutiny and/or enforcement actions; (iii) Amazon's revenues derived from its private-label business were in part the product of impermissible conduct and thus unsustainable; and (iv) as a result, the defendants' public statements throughout the class period were materially false and/or misleading.
WHAT'S NEXT? If you suffered a loss in Amazon during the relevant time frame, you have until July 5, 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.cleveland19.com/prnewswire/2022/06/30/amzn-lawsuit-alert-levi-amp-korsinsky-notifies-amazoncom-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-30T11:30:02Z | https://www.cleveland19.com/prnewswire/2022/06/30/amzn-lawsuit-alert-levi-amp-korsinsky-notifies-amazoncom-inc-investors-class-action-lawsuit-upcoming-deadline/ | false |
WASHINGTON (AP) — The Supreme Court ruled on Wednesday that Oklahoma can prosecute non-Native Americans for crimes committed on tribal land when the victim is Native American.
The 5-4 decision cut back on the high court’s ruling from 2020 that said a large chunk of eastern Oklahoma remains an American Indian reservation. The first decision left the state unable to prosecute Native Americans accused of crimes on tribal lands that include most of Tulsa, the state’s second-largest city with a population of about 413,000.
A state court later ruled that the Supreme Court decision also stripped the state of its ability to prosecute anyone for crimes committed on tribal land if either the victim or perpetrator is Native American.
That would have left the federal government with sole authority to prosecute such cases, and federal officials had acknowledged that they lack the resources to prosecute all the crimes that have fallen to them.
But the high court’s new ruling said the state also can step in when only the victims are tribal members.
“The State’s interest in protecting crime victims includes both Indian and non-Indian victims,” Justice Brett Kavanaugh wrote for the court.
After the 2020 decision, about 43% of Oklahoma is now considered Indian Country, and the issue of the state’s ability to prosecute those crimes “has suddenly assumed immense importance,” Kavanaugh wrote.
In a dissent joined by the court’s three liberal members, Justice Neil Gorsuch wrote that the decision “allows Oklahoma to intrude on a feature of tribal sovereignty recognized since the founding.”
The case highlighted the already strained relationship between Native tribes in Oklahoma and Republican Gov. Kevin Stitt, who has fought to return legal jurisdiction over tribal lands to the state.
Stitt himself is a citizen of the Cherokee Nation, which is the country’s largest Native American tribe by population with about 400,000 citizens, about 261,000 of whom live in Oklahoma.
Native Americans make up just under 10% of Oklahoma’s nearly 4 million people, according to the Census Bureau.
“One can only hope the political branches and future courts will do their duty to honor this Nation’s promises even as we have failed today to do our own,” Gorsuch wrote.
Stitt said he was “heartened” by the Supreme Court’s ruling that he said “upheld that Indian Country is part of a state, not separate from it.” Mayor G.T. Bynum of Tulsa, which backed the state in the case, said the ruling helps clarify Tulsa’s legal jurisdiction. He pledged to work with the state and the tribal nations “who are our partners in building a safe city.”
To Cherokee Nation Principal Chief Chuck Hoskin Jr., the court ”ruled against legal precedent and the basic principles of congressional authority and Indian law.” He said the court “failed in its duty to honor this nation’s promises, defied Congress’s statutes and accepted the ‘lawless disregard of the Cherokee’s sovereignty,’” quoting in part from Gorsuch’s dissent.
The case stemmed from a state court decision to throw out the conviction against Victor Castro-Huerta, who is not Native American. Castro-Huerta was charged by Oklahoma prosecutors with malnourishment of his disabled 5-year-old stepdaughter, a member of the Eastern Band of Cherokee Indians.
Castro-Huerta has since pleaded guilty to a federal child neglect charge in exchange for a seven-year prison term, though he has not been formally sentenced yet.
The Supreme Court case involved the Muscogee reservation, but later rulings upheld the historic reservations of other Native American tribes in Oklahoma, including the Cherokee, Chickasaw, Choctaw, Quapaw and Seminole nations.
The ruling is “an alarming step backward for justice on our reservation,” the Muscogee Nation said in a statement. “Tribal governments in collaboration with the federal government are best suited to protect our people and administer justice on our reservations.”
The U.S. attorneys in Oklahoma — Christopher Wilson, Clinton Johnson and Robert Troester — pledged in a joint statement to continue to work with tribal, state and local prosecutors.
Stitt has previously clashed with tribal leaders over his desire to renegotiate tribal gambling compacts that he claimed were expiring. Federal and state courts ruled against Stitt in lawsuits over the gambling question.
Last year, Stitt decided to not renew hunting and fishing license compacts with the Cherokee and Choctaw nations as part of a dispute with the tribes.
___
Miller reported from Oklahoma City. | https://www.wane.com/news/politics/ap-politics/justices-limit-2020-ruling-on-tribal-lands-in-oklahoma/ | 2022-06-30T11:32:00Z | https://www.wane.com/news/politics/ap-politics/justices-limit-2020-ruling-on-tribal-lands-in-oklahoma/ | false |
SAN FRANCISCO, June 30, 2022 /PRNewswire/ - mCloud Technologies Corp. (Nasdaq: MCLD) (TSXV: MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions today provided a further update on the planned repayment of its outstanding unsecured convertible debentures due on June 30, 2022 (the "Debentures").
On June 27, 2022, mCloud provided an update indicating it had filed an F-1 registration statement with the SEC on May 11 in connection with a previously announced preferred share offering. Since then, the Company has received and responded to additional brief comments from the SEC and updated its F-1 accordingly. The Company today also communicated the proposed timing of completion of the preferred share offering. mCloud plans to repay in full the outstanding principal and interest on the Debentures upon completion of the offering, which management expects to occur on or about July 14, 2022.
To receive payment, holders of Debentures must surrender the certificates evidencing their Debentures to TSX Trust Company, the Debenture agent, at the following address: TSX Trust Company, 1 Toronto Street, Suite 1200, Toronto, Ontario, M5C 2V6, Attention: Corporate Actions.
mCloud is unlocking the untapped potential of energy intensive assets with AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Through mCloud's AI-powered AssetCare™ platform, mCloud offers complete asset management solutions for commercial buildings, renewable energy, healthcare, heavy industry, and connected workers. IoT sensors bring data from connected assets into the cloud, where AI and analytics are applied to maximize their performance.
With a worldwide presence and offices in San Francisco, Houston, Vancouver, Calgary, London, Perth, Singapore, and Beijing, the mCloud family includes an ecosystem of operating subsidiaries that deliver high-performance IoT, AI, 3D, and mobile capabilities to customers, all integrated into AssetCare. With over 100 blue-chip customers and more than 64,000 assets connected in thousands of locations worldwide, mCloud is changing the way energy assets are managed.
mCloud's common shares trade in the United States on the Nasdaq and in Canada on the TSX Venture Exchange under the symbol MCLD. mCloud's convertible debentures trade on the TSX Venture Exchange under the symbol MCLD.DB. For more information, visit www.mcloudcorp.com.
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information contained herein may include information related to the Company's planned completion of the preferred share offering and plans to repay the outstanding principal and interest of the Debentures.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.
A more complete discussion of the risks and uncertainties facing the Company appears in the prospectus supplement, the base shelf prospectus and the registration statement and in the Company's Annual Information Form and other continuous disclosure filings, which are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE mCloud Technologies | https://www.cleveland19.com/prnewswire/2022/06/30/mcloud-provides-further-update-repayment-outstanding-unsecured-convertible-debentures/ | 2022-06-30T11:33:52Z | https://www.cleveland19.com/prnewswire/2022/06/30/mcloud-provides-further-update-repayment-outstanding-unsecured-convertible-debentures/ | true |
ROACHDALE, Ind. — Railroad executive Judge Roach may have given the Putnam County town of Roachdale its name, but the community’s fame most assuredly came from its annual roach races held throughout the 1980s.
Modeled after the racing of the Indianapolis 500, the first International Roach Race was held in July 1981.
WRTV reporter Sy Jenkins was on hand for the second running on July 4, 1982.
Organizers created a circular track that resembled the I-465 loop surrounding Indianapolis. The makeshift track even had the names of sponsors like Goodyear, Gould and STP written on it.
The six-legged racers were placed in the center of the track beneath the starting gate, which was a domed container with hand-drawn garage bays.
In line with race day traditions, a track announcer exclaimed, “Gentlemen, start your roaches!”
Roaches with names like Georgia Flash, Kermit Jr., the Green Machine, and the Hooch were ready to make their move.
The lid was removed and the bugs were off. The winner was whichever bug made it through the perimeter of the loop first.
After two fast-paced heats, two fatalities and one crash (into the fly paper guardrail) a roach named Turkey Merle was declared the winner.
Jenkins spoke with the owner of the winning bug, Larry Kersey.
“They don’t run far, but they run fast when you get the right vitamins in them,” Kersey said.
According to information provided by the Putnam County Museum, the first Roachdale Roach Race was organized by Jim Holland of The Optimist Club. The race held annually until the year 2000. | https://www.wrtv.com/lifestyle/history/1982-bugs-run-wild-in-second-annual-roachdale-roach-race | 2022-06-30T11:37:26Z | https://www.wrtv.com/lifestyle/history/1982-bugs-run-wild-in-second-annual-roachdale-roach-race | true |
Scientists have identified a gene that appears to increase the risk of Alzheimer's in women, providing a potential new clue as to why more women than men are diagnosed with the disease.
The gene, O6-Methylguanine-DNA-methyltransferase, or MGMT, plays an important role in how the body repairs damage to DNA in both men and women. But researchers did not find an association between MGMT and Alzheimer's in men.
"It's a female-specific finding -- perhaps one of the strongest associations of a genetic risk factor for Alzheimer's in women," said senior study coauthor Lindsay Farrer, chief of biomedical genetics at Boston University School of Medicine.
Two-thirds of the 6.5 million Americans currently living with the devastating brain disease are women, according to the Alzheimer's Association. It's a trend that holds true worldwide.
"Women, due to unique genetic risk factors like APOE ε4 and MGMT, and sex-specific risk factors like the sudden reduction in estrogen during the peri-menopause transition, may be in the fast-lane toward the disease, while men are sitting in traffic," said Dr. Richard Isaacson, director of the Alzheimer's Prevention Clinic at Florida Atlantic University's Schmidt College of Medicine, who was not involved in the study.
The APOE ε4 gene is considered the strongest risk factor for the future development of Alzheimer's in people over the age of 65, which is "especially true for women, who are more impacted by APOE ε4 than men," Isaacson said.
However, many women with APOE ε4 don't develop Alzheimer's, while women without the gene may still develop the disease.
"Perhaps MGMT is an important missing piece of the risk prediction puzzle for these women, but further studies are necessary," Isaacson said.
A lucky discovery
The discovery of the new gene's existence was made in two completely separate groups of people. A team of researchers from the University of Chicago were analyzing the genetic makeup of a small group of Hutterian Brethren women who live communally in rural Montana and South Dakota. Hutterites are a closed population who intermarry within their own ranks and keep extensive genealogical records, making them an excellent choice for genetic research.
"The relatively uniform environment and reduced genetic variation in Hutterites increases our power to find associations in smaller sample sizes than required for studies in the general population," said senior study coauthor Carole Ober, chair of human genetics at the University of Chicago, in a statement.
When the new association with MGMT popped up in her analysis, Ober reached out to Boston's Farrer to see if he might help replicate her findings.
Farrer, who was in the midst of a huge genetic analysis of over 10,000 women from the Alzheimer's Disease Genetics Consortium study, was surprised by the call.
"I told her we'd found the exact same gene in our analysis," Farrer said. "Two different studies started independently of one another find by serendipity the same gene, which to me adds a lot of confidence that the finding is robust."
The combined study was published Thursday in Alzheimer's Disease & Dementia: The Journal of the Alzheimer's Association.
A risk factor for women without APOE ε4
The research team compared the findings to autopsied male brain tissue, and found no association between the MGMT gene and Alzheimer's in men.
When they examined MGMT via epigenetics, which is what happens when a gene is switched on or off by behaviors and environmental factors, researchers found its expression in women was significantly associated with the development of beta amyloid and tau, two proteins that are hallmarks of Alzheimer's disease.
The association between MGMT and amyloid plaques and tau tangles was "most pronounced in women who don't have APOE ε4," Farrer said.
Considered an essential protein, a primary function of APOE is to "move cholesterol around in your body, and without that you'd be in trouble," Farrer said. However, studies have found that the APOE ε4 variation may result in depositing more fatty acid buildup than the other members of the APOE family, thus leading scientists to believe there is a cholesterol pathway to Alzheimer's.
In fact, a study by Farrer that published in March found having high cholesterol and blood sugar in your 30s may raise your risk for Alzheimer's disease decades later in life.
"There are many pathways to Alzheimer's disease. There's the lipid, or cholesterol pathway, which is now pretty well established in Alzheimer's, and APOE ε4 is a part of that," Farrer said.
"And there's the inflammatory pathway, which is common to all chronic disease. With MGMT, we may be looking at an additional pathway somehow related to DNA repair, or maybe MGMT participates in one of these other pathways and nobody knows yet how," Farrer added.
Personalized medicine
Women should work with their doctors to try to identify which path they may be on, experts advise.
Interventions could include keeping blood pressure, cholesterol and blood sugar in healthy ranges, while "considering hormone replacement therapy when indicated, and advocating for a brain healthy lifestyle, including regular exercise, a Mediterranean-style diet, adequate sleep and stress-reduction techniques," Isaacson said.
At some point soon, scientists will be able to offer more personalized medicine to women, said Dr. Kellyann Niotis, a neurologist at the Alzheimer's Prevention Clinic at Weill Cornell Medicine and NewYork-Presbyterian, who was not involved with the study.
"We will soon be able to offer women at risk more advanced assessments, like comprehensive genetic testing in a clinic setting, to more adequately assess their risk and develop personalized risk reduction plans for optimal brain protection," Niotis said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/features/health/gene-discovery-may-explain-why-more-women-get-alzheimers-disease/article_d41b5cb7-75bf-56c7-89eb-7e3f19972136.html | 2022-06-30T11:37:46Z | https://www.albanyherald.com/features/health/gene-discovery-may-explain-why-more-women-get-alzheimers-disease/article_d41b5cb7-75bf-56c7-89eb-7e3f19972136.html | true |
Soft rock Kiss Radio played the song "Killing in the Name" over and over again. All listener requests were denied. And there was no on-air explanation for why the song was on a loop.
Copyright 2022 NPR
Soft rock Kiss Radio played the song "Killing in the Name" over and over again. All listener requests were denied. And there was no on-air explanation for why the song was on a loop.
Copyright 2022 NPR | https://www.wlrn.org/2022-06-30/radio-mystery-canadian-station-plays-rage-against-the-machine-song-nonstop | 2022-06-30T11:40:00Z | https://www.wlrn.org/2022-06-30/radio-mystery-canadian-station-plays-rage-against-the-machine-song-nonstop | false |
Families are OFFICIALLY suffering the worst squeeze on record: Household incomes tumble for four quarters in a row for the first time since 1955
Families are officially suffering the worst squeeze on record after real disposable incomes fell for the fourth quarter in a row.
Finances failed to keep up with soaring inflation once again at the start of the year, making it the longest sequence of drops since official figures started being compiled in 1955.
Real household disposable income was down 0.2 per cent between January and March, as income growth of 1.5 per cent was outstripped by household inflation of 1.7 per cent.
Household finances have now been under pressure for a straight year with costs of energy, food and other goods spiking after Covid and with the Ukraine crisis raging.
The latest figures came as the ONS confirmed its earlier estimation that GDP rose by 0.8 per cent in the first quarter of the year - although it is since believed to have stalled.
Real household disposable income was down 0.2 per cent between January and March, as income growth of 1.5 per cent was outstripped by household inflation of 1.7 per cent. It is the longest sequence of drops since official figures started being compiled in 1955
This marked a decline in growth from 1.3 per cent in the previous three months, but means GDP remains 0.7 per cent above the last quarter of 2019, before the pandemic struck.
Darren Morgan, director of economic statistics at the ONS, said: 'Our latest estimate for economic growth in the first quarter is unrevised as a whole, showing the UK continued to recover from the pandemic.
'Both household incomes and spending rose in cash terms in the first quarter, leaving the rate of saving unchanged.
'However, once taking account of inflation, incomes fell again, for the fourth consecutive quarter.'
The more detailed GDP breakdown also shows that business investment fell by a downwardly revised 0.6 per cent at the start of 2022, leaving it 9.2 per cent below its pre-pandemic level.
There are mounting fears that the cost-of-living crisis could tip the UK into recession – as defined by two quarters in a row of falling output – as rocketing inflation sees households and businesses rein in spending.
Inflation has already reached a 40-year-high of 9.1 per cent and is set to rise past 11 per cent in the autumn.
Bank of England Governor Andrew Bailey said last night that soaring inflation will hit Britain harder than any other major economy during the current energy crisis and that output is likely to weaken earlier and be more intense than others.
On a month-on-month basis, GDP is already starting to show the impact of the cost crunch, with recent figures showing output fell in both March and April, by 0.1 per cent and 0.3 per cent respectively.
The economy is expected to shrink overall in the second quarter and experts are concerned the autumn jump in the energy price cap could lead to falling output in the following three months.
Martin Beck, at the EY Item Club, said: 'The squeeze on household spending power has further to run, with the second quarter having seen both the energy price cap increase by more than 50 per cent and a rise in personal taxation, while a further large rise in the energy price cap looking likely in October.
Boris Johnson (pictured at the NATO summit in Madrid today) revealed he has held talks with fellow world leaders on removing trade barries, with oranges and bananas among the produce that could be made cheaper
'So, with savings rates already below 'normal' levels, hopes of avoiding a consumer recession rest on households who accumulated 'excess' savings during the pandemic spending a good amount of those funds.'
Other ONS data showed Britain's current account deficit – the difference between the value of the goods and services the UK imports and the goods and services it exports – widened to a record £51.7billion, or 8.3 per cent of gross domestic product.
This was the biggest shortfall since records began in 1955, according to the ONS.
But it issued a warning over the figures, saying there was an impact of changes in post-Brexit data collection on trade in goods imports and foreign direct investment, which it is investigating. | https://www.dailymail.co.uk/news/article-10968861/Families-OFFICIALLY-suffering-worst-squeeze-record.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-06-30T11:41:25Z | https://www.dailymail.co.uk/news/article-10968861/Families-OFFICIALLY-suffering-worst-squeeze-record.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true |
'We are so happy': Missing 8-year-old boy found alive after more than a week in sewers
An 8-year-old boy was found alive in a sewer eight days after he went missing in Oldenburg, northwestern Germany.
The boy, identified by authorities only as Joe, was reported missing on the afternoon of June 17.
Joe was eventually rescued from the sewer system after a passer-by in the local area heard noises coming from a manhole cover early on Saturday morning and alerted the emergency services, the Oldenburg-Stadt / Ammerland police department said in a statement Tuesday.
Joe was found just 1,000 feet from his home address and was taken to a nearby hospital, where he was treated for hypothermia and dehydration.
Police said they didn't believe anyone else was involved in the incident.
An initial police report described Joe as having a learning disability. While the search was ongoing, they said he might misinterpret it as a game and continue hiding.
Joe's surname hasn't been made public, in accordance with Germany's privacy laws.
Immediately after the rescue, investigators started scanning the drainage system for clues to how he disappeared.
The authorities concluded Joe most likely climbed into a concrete drainage pipe while playing, and then crawled into the sewer system through a canal and got lost after several meters.
Investigators said that, between the entrance to the drainage system and the place where Joe was found, there are drainage manhole shafts and junctions at regular intervals where he was able to stand up.
Joe told police in an initial statement that he became increasingly disoriented while stuck in the sewers and was unable to find his way out.
"We are so happy -- truly," said police spokesman Stephan Klatte, according to CNN affiliate N-TV.
"That is absolute luck. Of course, there was a possibility that we wouldn't find the child there. Possibly -- if he had not made a sound or these noises would not have been heard, then we may not have found him there at all," Klatte added. | https://www.4029tv.com/article/missing-8-year-old-boy-found-alive-after-more-than-week-sewers/40469098 | 2022-06-30T11:42:04Z | https://www.4029tv.com/article/missing-8-year-old-boy-found-alive-after-more-than-week-sewers/40469098 | true |
STAMFORD, Conn., June 30, 2022 /PRNewswire/ -- Aircastle Limited ("Aircastle") announced today that it plans to release its first quarter financial results for the period ended May 31, 2022 on July 13, 2022, before the market opens.
In connection with the financial release, management will host a conference call on Wednesday, July 13, 2022, at 9:00 A.M. Eastern time. A copy of the press release and accompanying presentation will be posted to the Investors section of the Aircastle Limited website provided below. All interested parties are welcome to participate on the live call. The conference call can be accessed by dialing (800) 458-4121 (from within the U.S. and Canada) or (786) 789-4772 (from outside of the U.S. and Canada) ten minutes prior to the scheduled start and referencing the passcode "6552351".
A simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.aircastle.com. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast.
For those who are not available to listen to the live call, a replay will be available until 12:00 P.M. Eastern Time on Saturday, August 13, 2022, by dialing (888) 203-1112 (from within the U.S. and Canada) or (719) 457-0820 (from outside of the U.S. and Canada); please reference passcode "6552351".
Aircastle Limited acquires, leases, and sells commercial jet aircraft to airlines throughout the world. As of February 28, 2022, Aircastle owned and managed on behalf of its joint ventures 260 aircraft leased to 81 customers located in 45 countries.
Contact:
Aircastle Advisor LLC
Jim Connelly, SVP ESG & Corporate Communications
Tel: +1-203-504-1871
jconnelly@aircastle.com
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SOURCE Aircastle Limited | https://www.wbtv.com/prnewswire/2022/06/30/aircastle-announce-first-quarter-2022-results-july-13-2022/ | 2022-06-30T11:44:38Z | https://www.wbtv.com/prnewswire/2022/06/30/aircastle-announce-first-quarter-2022-results-july-13-2022/ | true |
- The action has no impact on closed mortgages.
- Company has arranged financing to fund critical operations.
PLANO, Texas, June 30, 2022 /PRNewswire/ -- First Guaranty Mortgage Corp. ("FGMC" or "the Company") today announced that the Company and affiliate Maverick II Holdings, LLC filed for chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of Delaware to protect the business while exploring all available restructuring options. The Company has begun notifying its regulators and other pertinent parties.
The action has no impact on closed mortgages, which are already serviced by third parties.
The Company has taken action to accommodate the maximum number borrowers who have started but not yet completed the loan process. FGMC is finalizing debtor-in-possession financing that will enable it to close and fund approved consumer loans, under existing terms and conditions. In addition, the Company has further identified one or more potential partners to provide optionality to support the pipeline of in-process loans.
The debtor-in-possession financing, once approved by the Court, will also support the Company's operations, including go-forward payments to employees and vendors in the ordinary course and in accordance with bankruptcy provisions. Additionally, FGMC is in the process of developing an employee incentive and retention program, which requires Court approval.
"While we have made considerable efforts to address our ongoing financial challenges related to the state of the mortgage market, we ultimately must do what is best for our borrowers and consumers," said Aaron Samples, chief executive officer of FGMC. "After careful review and consideration, the Company determined that pursuing the protections of chapter 11 is the right and responsible path at this time. As part of this process, the Company retained a portion of its workforce to manage the day-to-day business. We are requesting that the court approve a variety of motions that will promote a smooth transition for all pertinent parties while also preserving value for the benefit of the Company's stakeholders."
The chapter 11 filing was necessitated by significant operating losses and cash flow challenges experienced by the Company due to unforeseen historical adverse market conditions for the mortgage lending industry, including unanticipated market volatility. The sharp and unexpected decline in performance reflects the intense pressure on mortgage originations due to the dramatic collapse of the mortgage refinance market and the weakening mortgage purchase market, which has suffered from a lack of housing inventory and increasing affordability issues. These factors have resulted in significant losses on the Company's total mortgage revenues and overall liquidity constraints.
Federal law prohibits the Company from paying amounts owed with respect to obligations arising prior to the June 30, 2022, filing date, without a court order. Entities owed funds may be eligible to file a claim. For information about the claims filing process, please visit http://www.kccllc.net/FGMC.
Media Contact: fgmccommunications@fticonsulting.com
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SOURCE First Guaranty Mortgage Corp. | https://www.wbrc.com/prnewswire/2022/06/30/first-guaranty-mortgage-corp-files-chapter-11-bankruptcy-protection/ | 2022-06-30T11:45:39Z | https://www.wbrc.com/prnewswire/2022/06/30/first-guaranty-mortgage-corp-files-chapter-11-bankruptcy-protection/ | false |
Stock Market Symbols
GIB.A (TSX)
GIB (NYSE)
cgi.com/newsroom
MONTRÉAL, June 30, 2022 /PRNewswire/ - CGI (TSX: GIB.A) (NYSE: GIB) announced it has achieved UiPath Service Network (USN) certification for its advanced robotic process automation (RPA) capabilities, underscoring the company's position as a leading global systems integrator in intelligent automation. With this USN certification from UiPath, a leading enterprise automation software provider, CGI is now part of an elite network of service delivery partners that can implement UiPath RPA solutions and centers of excellence with the same level of "know how" and quality as UiPath's RPA professionals.
Organizations across sectors are increasingly investing in RPA to enable new digital operating models, drive enterprise-wide efficiencies, reduce costs, transform the customer/citizen experience, and increase revenues. CGI's latest Voice of Our Clients proprietary research, which shares findings from interviews with 1,700 executives across the industries and geographies that CGI serves, reveals that robotic process automation is a top three innovation investment for executives over the next three years.
"We are pleased to earn this new accreditation from UiPath as it further demonstrates our global scale and capacity to deliver end-to-end enterprise automation consulting services and technical expertise," said David Tierno, Vice President Strategic Alliances at CGI. "CGI's broad intelligent automation capabilities, which can be delivered in proximity and through a robust global delivery network, enable our clients to increase their productivity and achieve greater levels of business agility."
"Enterprises are evolving their digital capabilities with automation at the core," said Cheryln Chin, Vice President, Global Partners & Alliances at UiPath. "At UiPath, we believe automation can benefit every worker, and as a USN partner, CGI is positioned to help companies democratize automation, achieve better outcomes, and grow revenue. CGI's proven automation competencies will enable its clients to achieve success in rapidly changing environments."
As a UiPath Diamond partner, CGI uses UiPath technology to drive high-value, sustainable outcomes for clients at scale and pace. Learn more about CGI's work with UiPath and its robotic process automation consulting services and solutions.
Founded in 1976, CGI is among the largest independent IT and business consulting services firms in the world. With 84,000 consultants and professionals across the globe, CGI delivers an end-to-end portfolio of capabilities, from strategic IT and business consulting to systems integration, managed IT and business process services and intellectual property solutions. CGI works with clients through a local relationship model complemented by a global delivery network that helps clients digitally transform their organizations and accelerate results. CGI Fiscal 2021 reported revenue is C$12.13 billion and CGI shares are listed on the TSX (GIB.A) and the NYSE (GIB). Learn more at cgi.com.
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SOURCE CGI Inc. | https://www.wbtv.com/prnewswire/2022/06/30/cgi-earns-uipath-services-network-certification-recognition-its-intelligent-automation-capabilities/ | 2022-06-30T11:45:40Z | https://www.wbtv.com/prnewswire/2022/06/30/cgi-earns-uipath-services-network-certification-recognition-its-intelligent-automation-capabilities/ | true |
ANN ARBOR, Mich., June 30, 2022 /PRNewswire/ -- Domino's Pizza, Inc. (NYSE: DPZ) announces the following event:
This event will be archived on Domino's website for replay.
Founded in 1960, Domino's Pizza is the largest pizza company in the world, with a significant business in both delivery and carryout pizza. It ranks among the world's top public restaurant brands with a global enterprise of more than 19,000 stores in over 90 markets. Domino's had global retail sales of nearly $17.8 billion in 2021, with over $8.6 billion in the U.S. and over $9.1 billion internationally. In the first quarter of 2022, Domino's had global retail sales of over $4.0 billion, with over $1.9 billion in the U.S. and nearly $2.1 billion internationally. Its system is comprised of independent franchise owners who accounted for 98% of Domino's stores as of the end of the first quarter in 2022. Emphasis on technology innovation helped Domino's achieve more than half of all global retail sales in 2021 from digital channels. In the U.S., Domino's generated more than 75% of U.S. retail sales in 2021 via digital channels and has developed several innovative ordering platforms, including those for Google Home, Facebook Messenger, Apple Watch, Amazon Echo, Twitter and more. In 2019, Domino's announced a partnership with Nuro to further its exploration and testing of autonomous pizza delivery. In mid-2020, Domino's launched a new way to order contactless carryout nationwide – via Domino's Carside Delivery®, which customers can choose when placing a prepaid online order.
Order – dominos.com
Company Info – biz.dominos.com
Media Assets – media.dominos.com
Please visit our Investor Relations website at ir.dominos.com to view news, announcements, earnings releases, investor presentations and conference webcasts.
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SOURCE Domino's Pizza, Inc. | https://www.wbtv.com/prnewswire/2022/06/30/dominos-announces-q2-2022-earnings-webcast/ | 2022-06-30T11:46:22Z | https://www.wbtv.com/prnewswire/2022/06/30/dominos-announces-q2-2022-earnings-webcast/ | true |
One of the most consequential Supreme Court terms in recent memory still has two major cases left on the docket — cases that could alter the political landscape on immigration and the environment.
Copyright 2022 NPR
One of the most consequential Supreme Court terms in recent memory still has two major cases left on the docket — cases that could alter the political landscape on immigration and the environment.
Copyright 2022 NPR | https://www.wdiy.org/2022-06-30/the-supreme-court-still-has-2-opinions-to-announce-before-the-term-ends | 2022-06-30T11:47:50Z | https://www.wdiy.org/2022-06-30/the-supreme-court-still-has-2-opinions-to-announce-before-the-term-ends | true |
The summer holiday season is in full swing, with news of flight cancellations, challenging journeys, and mountains of luggage. After a few years of staycations, workers are looking forward to traveling further afield. They are booking their time off, doublechecking travel insurance, and turning their minds to what to pack in their suitcases. What will be useful? What can be left behind?
Baggage is more than clothes, phone chargers, and passports. Whether on holiday, or back at work, the baggage of previous experiences is also brought along for the ride. Sometimes that’s useful, as a manager delves into their bag of skills to solve a technical issue. But on many occasions, it can be a burden, slowing the journey towards the desired objective, or even derailing it.
Nowhere is this in sharper focus than in situations of conflict. The way people deal with issues when they arise is significantly influenced by past conflict experiences, preconceptions, and assumptions. To reduce turbulence when managing these challenging situations, mental baggage needs to be unpacked, examined, and repacked, traveling with the items that will be most useful for the journey ahead.
Baggage inspection
In conflict, it’s tempting to focus on other’s faults, and to dwell on what they did wrong, and what they need to do to make it right. Finding fault won’t result in change. Therefore, a useful starting point is to unpack our conflict baggage.
This psychological baggage is packed with conflict habits, prejudices, biases, and thought and behavior patterns developed over years. Tackling this excess baggage involves spending less time blaming others, and more time inspecting and understanding ourselves. A practical step is to notice one’s trigger points and understand them better. For example, if a staff member has experienced a coworker taking credit for their work, they may be more sensitive if their contribution to a new project isn’t recognized. If a manager has a habit of ignoring conflict, they may overlook a conflict brewing in their team. Understanding these triggers gives an opportunity to explore how they could be fueling conflict.
Don’t believe the reviews
Just because a review on TripAdvisor says check-in staff were offhand, it doesn’t mean every traveler should expect the same experience. In conflict, making assumptions can be particularly unhelpful. If a team member is criticized for challenging a manager, they may assume this will happen again. They may then decide to keep their opinion to themselves and feel frustrated, or give their view, but with the expectation of receiving the same negative response.
The key to countering this is to focus on the assumptions that could be coming into play. It can be helpful to approach a trusted friend or colleague to talk it through, which will help gain perspective. Someone not involved in the immediate situation can be well-placed to spot false assumptions, challenge a viewpoint, and point out blind spots. They might ask about other experiences in team meetings, or query if there are other reasons why a manager might have reacted that way.
Be a curious traveler
One of the reasons that conflict is challenging to navigate is that in the face of a threat, a natural reaction is to close off. Countering the tendency to close down means trying to understand the other people involved in conflict. A good way to do this is with attentiveness. Pay attention to how others express themselves in conversation, both verbally and non-verbally, and stay focused on what is happening in the moment, rather than letting past experiences cloud what is happening now. As well as observation, questions can be enlightening. Take time to ask how someone is, and what’s going on for them. That could reveal a whole host of other pressures influencing their behavior. If something that was said has caused upset, express this to the other party, and ask for their perspective. This can open the way to a clearer understanding.
Like travel, managing conflict is a journey. It takes planning and preparation, understanding why some routes feel uncomfortable, and sometimes venturing into unfamiliar territory. Whatever the destination, it’s important to know what baggage is being carried, consciously select what to pack, and ditch bags that are no longer needed. | https://www.forbes.com/sites/annashields/2022/06/30/excess-baggage-unpacking-the-conflict-luggage-you-carry-into-work/ | 2022-06-30T11:48:21Z | https://www.forbes.com/sites/annashields/2022/06/30/excess-baggage-unpacking-the-conflict-luggage-you-carry-into-work/ | true |
Deal demonstrates Total Brain's commitment to continued growth in the behavioral health sector
SAN FRANCISCO, June 30, 2022 /PRNewswire/ -- Total Brain, an applied, integrative neuroscience company, today announced that the company has signed a deal with TimelyMD, the leading virtual health and well-being solution for higher education. Under this agreement, TimelyMD will integrate select elements of Total Brain's SaaS-based mental health monitoring and support platform into the company's award-winning virtual care platform.
TimelyMD will incorporate content from Total Brain's self-care tools and educational content library into their products designed to help students thrive. Total Brain's health literacy articles, brain training games, and guided meditations will enhance personalized care experiences and ensure access to proven mental health resources.
TimelyMD's virtual care platform, TimelyCare, offers a range of services, including mental health counseling, on-demand emotional support, medical care, psychiatric care, health coaching, basic needs assistance, faculty and staff guidance, and digital self-care content. TimelyMD currently works with 200+ campus partners and cares for more than one million students nationwide.
"Innovation is one of our core values at TimelyMD, and that means continually enhancing our platform to realize our vision to help students be well and thrive," said Zac Fleming, Senior Vice President of Product at TimelyMD. "Total Brain's content and technology extend our ability to meet the diverse needs of our student population with a goal of improving their overall health and well-being."
"Partnering with TimelyMD not only gives Total Brain an entrée into the higher education space, but also significantly expands our reach in the population health segment," said Total Brain CEO Matthew Mund. "The Total Brain platform was designed with extensibility and customization in mind, giving it broad applicability across a wide variety of sectors. We are excited to take our technology, which has been used extensively in clinics and corporations, and bring it to the college student market."
About Total Brain Limited (ASX: TTB)
Total Brain Limited is an applied, integrative neuroscience company, based in San Francisco and Sydney, that has developed and offers Total Brain, a mental health monitoring and support platform powered by the world's largest standardized brain database. Its SaaS platform has helped more than one million registered users to-date scientifically measure and optimize their brain capacities while managing the risk of common mental conditions. Benefits for providers include improved patient outcomes, tracking of evidence-based outcomes across the continuum of care, and a reduction in clinician fatigue. Benefits for populations and payers include better mental healthcare access, lower costs, and higher productivity. For more information, please visit www.totalbrain.com and follow on Twitter, LinkedIn, and Facebook.
About TimelyMD
TimelyMD is the leading virtual health and well-being solution for higher education. Its mission is to improve the well-being of college students by making virtual medical and mental health care accessible anytime, anywhere. TimelyMD's virtual care platform, TimelyCare, includes a range of services, including mental health counseling, on-demand emotional support, medical care, psychiatric care, health coaching, basic needs assistance, faculty and staff guidance, and digital self-care content. Visit timely.md to learn how TimelyMD is inspiring the digital transformation of campus health and the future of student care.
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SOURCE Total Brain | https://www.wbrc.com/prnewswire/2022/06/30/timelymd-integrate-total-brain-functionality-into-platform/ | 2022-06-30T11:49:15Z | https://www.wbrc.com/prnewswire/2022/06/30/timelymd-integrate-total-brain-functionality-into-platform/ | true |
Just a few years ago, leaders were being encouraged to believe they were living in times unprecedented for their volatility and unpredictability. Little did they know that they were about to have to contend with the ramifications of a pandemic, acute supply chain disruption and a war that threatens to undo decades of peace in Europe. On top of that, attempts to dampen rampant inflation threaten to bring about a recession.
Talk about the right time to publish a book called The Upside of Uncertainty. Although its authors insist its origins go back some time before the pandemic, they do concede that the past two years or so have added urgency to the project. Indeed, in an interview earlier this week, co-author Nathan Furr recalled how he experienced the sense of panic many others must have done when lockdowns led to speaking engagements and other work disappearing almost overnight. But one morning the smell of the coffee beans he was grinding reminded him of the power of focusing on what you still have rather than on what you have lost.
This “reframing” of a situation is one of the four groups of tools that form the basis of what is effectively a practical guide to dealing with these increasingly uncertain times. As Furr and his wife and co-author Susannah Harmon Furr point out early on in the book, life is getting harder “because there is no linear route forward in a world where up to 65% of elementary-age children may work in jobs that don’t even exist yet.”
Much as many people would like a return to what they perceive to be the old certainties, there is little doubt that uncertainty is, as the Furrs, write “here to stay.” There is plenty of research from sources ranging from Stanford University and the International Monetary Fund (creators of the World Uncertainty Index) to the consultancy McKinsey & Co backing this up. We have also heard many times how modern leaders need to be able to deal with ambiguity and focus on the future rather than over-react to events of the past. But there is little assistance with how they should develop this approach. Hence this new book.
“If we can tolerate uncertainty, and even pursue scenarios in spite of it, we can develop an uncertainty ability — the skill to navigate unknowns both planned (such as starting a new venture or leaving a job) and unplanned (such as losing a job, experiencing a health crisis or going through a relationship breakdown),” they write.
The book draws on interviews with entrepreneurs and innovators (Nathan is a professor of strategy and innovation at INSEAD in Paris) and on personal experience (Susannah is an entrepreneur and designer who is currently developing a regenerative gardening centre where people can learn about a range of topics), as well as academic literature from such fields as psychology and neuroscience as well as strategy, organisational behaviour and political science. The result is a practical guide based around what the Furrs call an “uncertainty first aid cross.” The vertical axis has at the top the already mentioned “Reframe.” This encourages the reader to change their perspective and to look creatively at all the possibilities to imagine an upside that they cannot yet see. At the bottom of this axis is “Sustain.” This acts as a way of reminding the reader why they are doing what they are doing and to keep going or — through a reality check or a realisation that luck can be created by doing the right things — changing approach when things do not go as planned. On the other axis are “Prime,” which involves focusing on the projects that matter and the individual taking into account their own personal appetite for risk so that they can achieve satisfying outcomes when it is time to act, and “Do.” This is an instruction to take action. Rather than waiting for a big idea, we should accept that modest steps can be just as effective, enabling, for example, the testing of a market with less risk than going for an all-out launch. Many seemingly big ideas start out as sidelines to something else that did not quite work out. It is also important to get out and meet people because insights are often found in surprising places.
This is all helpful for encouraging leaders and others to think about the world in a different way. But in the end it comes down to realising that — as Nathan put it in the interview — “to navigate uncertainty you have to be comfortable with the idea that two things can be right at the same time.” | https://www.forbes.com/sites/rogertrapp/2022/06/30/how-to-see-the-good-in-uncertainty/ | 2022-06-30T11:52:28Z | https://www.forbes.com/sites/rogertrapp/2022/06/30/how-to-see-the-good-in-uncertainty/ | false |
HONG KONG, June 30, 2022 /PRNewswire/ -- BIT Mining Limited (NYSE: BTCM) ("BIT Mining" or the "Company"), a leading technology-driven cryptocurrency mining company, today announced the closing of its previously announced registered direct offering on June 27, 2022, with certain institutional investors for the purchase and sale of 16,000,000 of the Company's American Depositary Shares ("ADSs") (or pre-funded warrant to purchase certain ADSs ("ADS Equivalent") in lieu thereof), Series A Warrants to purchase up to an aggregate of 16,000,000 ADSs and Series B Warrants to purchase up to an aggregate of 16,000,000 ADSs, at a combined purchase price of US$1.00 per ADS (or ADS Equivalent) and associated warrants, in a registered direct offering. Each ADS represents ten (10) Class A ordinary shares, par value US$0.00005 per share, of BIT Mining.
H.C. Wainwright & Co., LLC acted as the exclusive placement agent for the offering.
The Series A Warrants have an exercise price of US$1.10 per ADS, are exercisable immediately and expire 5 years from the date of issuance. The Series B Warrants have an exercise price of US$1.00 per ADS, are exercisable immediately and expire 2.5 years from the date of issuance.
The gross proceeds from the offering (without taking into account any proceeds from any future exercises of warrants issued), before deducting the placement agent's fees and other estimated offering expenses payable by the Company were approximately US$16 million. The Company intends to use the net proceeds of the registered direct offering to invest in mining machines, build new data centers, expand infrastructure, and improve working capital position.
The securities described above were offered by BIT Mining pursuant to a "shelf" registration statement on Form F-3 (File No. 333-258329) originally filed with the U.S. Securities and Exchange Commission (the "SEC") on July 30, 2021 and declared effective by the SEC on May 17, 2022. The offering of such securities was made only by means of a prospectus, including a prospectus supplement, forming a part of the effective registration statement. A final prospectus supplement and the accompanying prospectus relating to the securities being offered have been filed with the SEC. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained on the SEC's website at http://www.sec.gov or by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
About BIT Mining
BIT Mining (NYSE: BTCM) is a leading technology-driven cryptocurrency mining company, with a long-term strategy to create value across the cryptocurrency industry. Its business covers cryptocurrency mining, mining pool, and data center operation. The Company owns the world's top blockchain browser BTC.com and the comprehensive mining pool business operated under BTC.com, providing multi-currency mining services including BTC, ETH and LTC. The Company also owns a 7-nanometer cryptocurrency mining machine manufacturer, Bee Computing, completing the Company's vertical integration with its supply chain, increasing its self-sufficiency and strengthening its competitive position.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in 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," "target," "going forward," "outlook" and similar statements. Such statements are based upon management's current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond the Company's control, which may cause the Company's actual results, performance or achievements to differ materially from those in the forward-looking statements. Important factors that could cause BIT Mining's actual results to differ materially from those indicated in the forward-looking statements include the intended use of net proceeds from the registered direct offering. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. The Company does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under law.
For further information:
BIT Mining Limited
ir@btcm.group
ir.btcm.group
www.btcm.group
The Piacente Group, Inc.
Brandi Piacente
Tel: +1 (212) 481-2050
Email: BITMining@thepiacentegroup.com
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SOURCE BIT Mining Limited | https://www.wbay.com/prnewswire/2022/06/30/bit-mining-announces-closing-us16-million-registered-direct-offering/ | 2022-06-30T11:53:01Z | https://www.wbay.com/prnewswire/2022/06/30/bit-mining-announces-closing-us16-million-registered-direct-offering/ | true |
HUZHOU, China, June 30, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS) ("NaaS", the "Company"), China's first listed pure play electric vehicle ("EV") charging service company, held a bell-ringing ceremony to celebrate the Company's public listing on the NASDAQ at its headquarters in Anji, Zhejiang Province on June 28, 2022, simultaneously with a virtual equivalent taking place at the NASDAQ Stock Exchange, following the Company's formal listing on the exchange on June 13, 2022.
"NaaS has become the first publicly listed Chinese charging service provider, which is not only a gift from today but also a test for tomorrow. The Chinese renewable energy sector still has much further to go when it comes to adopting digital technologies and it will require the cooperative efforts of all industry players to further the sector's growth," said Cathy Wang, Founder and CEO of NaaS. "The transportation sector now accounts for 10% of China's total carbon emissions. Our mission is to help increase the country's energy efficiency by 10% and reduce the overall carbon emissions by 1%, with the ultimate goal of creating a better world for future generations through our efforts."
NaaS, headquartered in Anji, Zhejiang province, is one of China's largest and fastest-growing renewable energy service providers. The Company is committed to providing online and offline charging solutions as well as non-charging services to charging pile manufacturers, station operators, and to EV OEMs. The Company's vision is to improve the efficiency of the energy delivery systems by building a renewable energy-based charging ecosystem, through the application of digital technologies.
As of December 31, 2021, NaaS was serving 290,000 charging piles, of which over 70% are fast chargers, representing 51% of all of China's public fast-charging piles and serving approximately 1.9 million end users. In 2021, the total electricity charged through NaaS exceeded 1,233 GWh, representing 18% of China's total public charging volume.
"We welcome NaaS to the NASDAQ family. Decarbonization and carbon neutrality is a focus the world over. The market for EV-relevant services is huge. We can foresee great potential for NaaS for the years to come." added Mr. Bob McCooey, Vice Chairman and Global Head of Capital Markets for NASDAQ.
"As a leader in the Chinese EV charging service market, NaaS is well-positioned to play an even more important role, creating both commercial and social value, as the Chinese transportation sector enters an era where vehicles are fueled by both oil and electricity," said Bain Capital's Managing Director, Mr. Jia Zhu. "Furthermore, China, as the largest renewable energy market in the world, can be expected to provide unprecedented opportunities to industry leaders, who are driving digital transformation."
For more information, please visit NaaS Technology Inc.
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SOURCE NaaS | https://www.wcjb.com/prnewswire/2022/06/30/naas-technology-holds-nasdaq-bell-ringing-ceremony-anji-zhejiang-china/ | 2022-06-30T11:54:37Z | https://www.wcjb.com/prnewswire/2022/06/30/naas-technology-holds-nasdaq-bell-ringing-ceremony-anji-zhejiang-china/ | true |
TSX: MFI
www.mapleleaffoods.com
MISSISSAUGA, ON, June 30, 2022 /PRNewswire/ - Maple Leaf Foods Inc. ("Maple Leaf" or the "Company") (TSX: MFI) announced today that it has completed an extension of its existing $2 billion sustainability-linked credit facility with its existing banking syndicate. The credit facility consists of a CDN$1.3 billion unsecured committed revolving line of credit maturing on June 29, 2027 and two unsecured committed term facilities in the amounts of US$265.0 million and CDN$350.0 million, maturing on June 29, 2027 and June 29, 2026, respectively.
"Three years ago, we launched the first sustainability-linked loan in Canada," said Geert Verellen, Chief Financial Officer. "By extending the facility, not only are we continuing to integrate Maple Leaf's sustainability commitments into all aspects of our business, we are also solidifying our access to capital as we complete near term projects like our state-of-the-art poultry facility in London, Ontario, and position ourselves to capitalize on future growth opportunities."
The sustainability-linked metrics incorporated into the credit facility are made up of annual environmental targets directly influenced by Maple Leaf's actions. These targets include greenhouse gas emissions, electricity usage, water usage, and solid waste generated. Maple Leaf may incur positive or negative pricing adjustments on drawn credit spreads and standby fees based on its performance versus the targets that have been set.
The facility bears interest based on short-term interest rates and is intended to meet the Company's remaining funding for the completion of its state-of-the-art poultry facility in London, Ontario, in addition to providing appropriate liquidity levels for the Company and general corporate purposes.
The lending syndicate for the new facility comprised of nine financial institutions with BMO Capital Markets acting as Sole Book Runner and Sustainability Structuring Agent, and BMO Capital Markets, RBC, Scotiabank, CIBC, and Rabobank Canada as Co-Lead Arrangers. Four additional lenders participated.
This document contains "forward-looking information" within the meaning of applicable securities law. These statements are based on current expectations, estimates, forecasts, and projections about the industries in which the Company operates, as well as beliefs and assumptions made by Management of the Company. Such statements include, but are not limited to, statements with respect to objectives and goals, in addition to statements with respect to beliefs, plans, objectives, expectations, anticipations, estimates, and intentions. Specific forward-looking information in this document includes, but is not limited to, statements with respect to: construction of new manufacturing facilities, source of funds for ongoing business requirements; capital investments and expectations regarding capital expenditures. Words such as "expect", "anticipate", "intend", "may", "will", "plan", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking information. These statements are not guarantees of future performance and involve assumptions, risks, and uncertainties that are difficult to predict, including among other things: the impact of the Company's debt service and compliance with debt covenants and other. Additional factors that could cause actual results or outcomes to differ materially from the results expressed, implied or forecasted by the forward-looking statements are discussed more fully in the Company's filings made with the Canadian securities regulators including in the section entitled "Risk Factors" in the Company's Management's Discussion and Analysis for the year ended December 31, 2021. All of such filings are available on SEDAR at www.sedar.com.
The Company does not intend to, and the Company disclaims any obligation to, update any forward- looking statements (including any financial outlooks), whether written or oral, or whether as a result of new information, future events or otherwise, except as required by law.
Maple Leaf Foods is a carbon neutral company with a vision to be the most sustainable protein company on earth, responsibly producing food products under leading brands including Maple Leaf®, Maple Leaf Prime®, Maple Leaf Natural Selections®, Schneiders®, Schneiders® Country Naturals®, Mina®, Greenfield Natural Meat Co.®, Lightlife® and Field Roast™. The Company employs approximately 13,500 people and does business primarily in Canada, the U.S. and Asia. The Company is headquartered in Mississauga, Ontario and its shares trade on the Toronto Stock Exchange (MFI).
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SOURCE Maple Leaf Foods Inc. | https://www.wbay.com/prnewswire/2022/06/30/maple-leaf-foods-extends-existing-2-billion-sustainability-linked-credit-facility/ | 2022-06-30T11:54:48Z | https://www.wbay.com/prnewswire/2022/06/30/maple-leaf-foods-extends-existing-2-billion-sustainability-linked-credit-facility/ | false |
BOCA RATON, Fla., June 30, 2022 /PRNewswire/ -- Uro Medical Corporation, a privately-held urology-focused medical device company engaged in the development, manufacture, and commercialization of innovative, minimally invasive neurostimulation solutions leveraging nanotechnology creating the smallest stimulators in existence, today announced the Center for Medicare and Medicaid Services (CMS) coverage for participants in the GUARDIAN™ clinical trial, a multi-center randomized controlled clinical study evaluating the safety and efficacy of the Protect PNS neurostimulator medical device, as compared to traditional pharmaceutical medical management for the treatment for overactive bladder (OAB).
"CMS support of the Guardian clinical trial furthers our goal of establishing Protect PNS as a viable treatment option for patients suffering from refractory OAB", said Shanice Saunders, Executive Vice President of Clinical Affairs for Uro Medical. This study is expected to enroll approximately 600 subjects with refractory OAB across multiple clinical sites in the United States. The results of this study, which is the second randomized clinical trial conducted for the Protect PNS device, will be used to support long term, nationwide payor reimbursement coverage as a mainline therapy option post FDA market authorization.
"Our on-going Protect randomized controlled trial supporting registration, combined with Guardian creates a unique opportunity to examine Protect PNS clinical utility in both third and second-line applications", said Shanice Saunders, Vice President of Clinical. "As a clinician seeing patients routinely fail medical management of OAB, I'm excited to learn how Protect PNS may play an earlier role as an alternative to pharmaceuticals", said Dr. Larry Sirls, investigator in the Guardian clinical trial.
Learn more about Uro Medical Corporation at www.uromedical.com.
Protect PNS is a wirelessly powered, minimally invasive, microtechnology neurostimulator intended to treat overactive bladder (OAB). Protect PNS is currently being studied for the treatment of OAB and is under regulatory review for market approval by the FDA.
Uro Medical is a privately held medical device company engaged in the development, manufacture, and commercialization of wirelessly powered, microtechnology neurostimulators, providing patients with convenient, safe, minimally invasive, and highly cost-effective urological solutions that are easily incorporated into their daily lives. Uro Medical's goal is to evolve its patented, cutting-edge platform for neuromodulation to standard of care, increasing the accessibility for patients worldwide while lowering the economic impact of urology care management. www.uromedical.com.
Contact: Michael Perryman, info@uromedical.com
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SOURCE Uro Medical Corporation | https://www.ktre.com/prnewswire/2022/06/30/uro-medical-wireless-microstimulator-secures-cms-coverage-2nd-clinical-trial-treatment-overactive-bladder/ | 2022-06-30T11:55:44Z | https://www.ktre.com/prnewswire/2022/06/30/uro-medical-wireless-microstimulator-secures-cms-coverage-2nd-clinical-trial-treatment-overactive-bladder/ | true |
NEW YORK, June 30, 2022 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and creative workflow solutions for brands, businesses and media companies, will report its second quarter 2022 business and financial results on Tuesday, July 26, 2022 before the market opens.
The company will host a conference call at 8:30 a.m. ET to discuss the results. The conference call is being webcast live at the Company's website at http://investor.shutterstock.com/. The webcast is listen-only. Those interested in participating in the question-and-answer session should register using the link below.
Participants may register for the call here to receive the dial-in numbers and unique PIN to access the call seamlessly. It is recommended that you join 10 minutes prior to the event start (although you may register and dial in at any time during the call).
A webcast replay of the call will be available on the Company's website beginning on July 26, 2022 at approximately 10:30 AM Eastern Time.
ABOUT SHUTTERSTOCK
Shutterstock, Inc. (NYSE: SSTK), is one of the leading global creative platforms for transformative brands and media companies. Directly and through its group subsidiaries, Shutterstock's comprehensive collection includes high-quality licensed photographs, vectors, illustrations, 3D models, videos and music. Working with its growing community of over 2 million contributors, Shutterstock adds hundreds of thousands of images each week, and currently has more than 405 million images and more than 25 million video clips available.
Headquartered in New York City, Shutterstock has offices around the world and customers in more than 150 countries. The Company also owns Splash News, the world's leading entertainment news agency for newsrooms and media companies, Pond5, the world's largest video marketplace, TurboSquid, the world's largest 3D content marketplace, PicMonkey, a leading online graphic design and image editing platform; Offset, a high-end image collection; Shutterstock Studios, an end-to-end custom creative shop; PremiumBeat, a curated royalty-free music library; Shutterstock Editorial, a premier source of editorial images and videos for the world's media; Amper Music, an AI-driven music platform; and Bigstock, a value-oriented stock media offering.
For more information, please visit www.shutterstock.com and follow Shutterstock on Twitter and on Facebook.
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SOURCE Shutterstock, Inc. | https://www.wbay.com/prnewswire/2022/06/30/shutterstock-report-second-quarter-2022-earnings-results-july-26-2022/ | 2022-06-30T11:55:48Z | https://www.wbay.com/prnewswire/2022/06/30/shutterstock-report-second-quarter-2022-earnings-results-july-26-2022/ | true |
Russia and China slam NATO after alliance raises alarm
MADRID (AP) — NATO faced rebukes from Moscow and Beijing on Thursday after it declared Russia a “direct threat” and said China posed “serious challenges” to global stability.
The Western military alliance was wrapping up a summit in Madrid, where it issued a stark warning that the world has been plunged into a dangerous phase of big-power competition and myriad threats, from cyberattacks to climate change.
NATO leaders also formally invited Finland and Sweden to join the alliance, after overcoming opposition from Turkey. If the Nordic nations’ accession is approved by the 30 member nations, it will give NATO a new 800-mile (1,300 kilometer) border with Russia.
Russian President Vladimir Putin warned he would respond in kind if the Nordic pair allowed NATO troops and military infrastructure onto their territory. He said Russia would have to “create the same threats for the territory from which threats against us are created.”
Estonian Prime Minister Kaja Kallas said Putin’s threats were “nothing new.”
“Of course, we have to expect some kind of surprises from Putin, but I doubt that he is attacking Sweden or Finland directly,” Kallas said as she arrived at the summit’s conference center venue. “We will see cyberattacks definitely. We will see hybrid attacks, information war is going on. But not the conventional war.”
China accused the alliance of “maliciously attacking and smearing” the country. Its mission to the European Union said NATO “claims that other countries pose challenges, but it is NATO that is creating problems around the world.”
NATO leaders turned their gaze south for a final summit session Thursday focused on Africa’s Sahel region and the Middle East, where political instability — aggravated by climate change and food insecurity sparked by the war in Ukraine — is driving large numbers of migrants toward Europe.
“It is in our interest to continue working with our close partners in the south to fight shared challenges together,” NATO Secretary-General Jens Stoltenberg said.
But it was Russia that dominated the summit. Stoltenberg said Moscow’s invasion of Ukraine had brought “the biggest overhaul of our collective defense since the end of the Cold War.”
The invasion shattered Europe’s peace, and in response NATO has poured troops and weapons into Eastern Europe on a scale unseen in decades. Member nations have given Ukraine billions in military and civilian aid to strengthen its resistance.
Ukrainian President Volodymyr Zelenskyy, who addressed the summit by video link, asked for more. He urged NATO to send modern artillery systems and other weapons and warned the leaders they either had to provide Kyiv with the help it needed or “face a delayed war between Russia and yourself.”
“The question is, who’s next? Moldova? Or the Baltics? Or Poland? The answer is: all of them,” he said.
At the summit, NATO leaders agreed to dramatically scale up military force along the alliance’s eastern flank, where countries from Romania to the Baltic states worry about Russia’s future plans.
They announced plans to increase almost eightfold the size of the alliance’s rapid reaction force, from 40,000 to 300,000 troops, by next year. The troops will be based in their home nations but dedicated to specific countries in the east, where the alliance plans to build up stocks of equipment and ammunition.
U.S. President Joe Biden, whose country provides the bulk of NATO’s firepower, announced a hefty boost in America’s military presence in Europe, including a permanent U.S. base in Poland, two more Navy destroyers based in Rota, Spain, and two more F35 squadrons in the U.K.
The expansion will keep 100,000 troops in Europe for the foreseeable future, up from 80,000 before the war in Ukraine began.
Biden said Putin had believed NATO members would splinter after he invaded Ukraine, but the Russian leader got the opposite response.
“You’re gonna get the NATO-ization of Europe,” Biden said. “And that’s exactly what he didn’t want, but exactly what needs to be done to guarantee security for Europe.”
Still, strains among NATO allies have emerged as the cost of energy and other essential goods has skyrocketed, partly because of the war and tough Western sanctions on Russia. There also are tensions over how the war will end and what, if any, concessions Ukraine should make.
Money remains a sensitive issue — just nine of NATO’s 30 members currently meet the organization’s target of spending 2% of gross domestic product on defense.
Britain, one of the nine, announced a further 1 billion pounds ($1.21 billion) in military support to Ukraine on Thursday,
At what Stoltenberg called a “transformative” summit, the leaders published NATO’s new Strategic Concept, its once-a-decade set of priorities and goals.
The last such document, in 2010, called Russia a “strategic partner.” Now, NATO is accusing Russia of using “coercion, subversion, aggression and annexation” to extend its reach.
The 2010 document made no mention of China, but the new one addressed Bejing’s growing economic and military reach.
“China is not our adversary, but we must be clear-eyed about the serious challenges it represents,” Stoltenberg said on Wednesday.
NATO said that China “strives to subvert the rules-based international order, including in the space, cyber and maritime domains” and warned of its close ties with Moscow.
The alliance said, however, that it remained “open to constructive engagement” with Beijing.
China shot back that NATO was a source of instability and vowed to defend its interests.
“Since NATO positions China as a ‘systemic challenge,’ we have to pay close attention and respond in a coordinated way. When it comes to acts that undermine China’s interests, we will make firm and strong responses,” its statement said.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine.
Copyright 2022 The Associated Press. All rights reserved. | https://www.newschannel6now.com/2022/06/30/russia-china-slam-nato-after-alliance-raises-alarm/ | 2022-06-30T11:59:37Z | https://www.newschannel6now.com/2022/06/30/russia-china-slam-nato-after-alliance-raises-alarm/ | true |
Federal prosecutors late Wednesday announced smuggling charges against two men in connection with the deaths of 53 migrants after they were found Monday in San Antonio in a trailer without water or air conditioning.
Federal prosecutors identified the driver as Homero Zamorano Jr., 45, who was charged with smuggling resulting in death. Zamorano lives in the suburban Houston city of Pasadena and is originally from the Texas border city of Brownsville, according to the U.S. Attorney's Office in San Antonio.
Zamorano was discovered by police hiding in some nearby bushes, prosecutors said. He tried to slip away by pretending to be one of the survivors, a Mexican immigration official said Wednesday.
Zamorano faces the most serious charges along with Christian Martinez, 28, who is accused of conspiracy and allegedly communicating with Zamorano about transporting the migrants.
Both men face life in prison or the death penalty if convicted.
Agents searched Zamorano’s cellphone and found he had been in contact with Martinez, prosecutors said.
Zamorano was scheduled to have his first court appearance Thursday. It was not immediately known if either suspect had an attorney.
U.S. & World
Two other men who are not U.S. citizens were also arrested on charges of illegal weapons possession. Prosecutors say investigators found the men at a San Antonio address where the truck was registered.
The truck had been packed with 67 people, and the dead included 27 from Mexico, 14 from Honduras, seven from Guatemala and two from El Salvador, said Francisco Garduno, chief of Mexico's National Immigration Institute.
Meanwhile, a makeshift memorial on the isolated road where the migrants were found is growing with flowers, crosses and bottles of water.
"Lord help us,” San Antonio resident Elizabeth Hernandez said outside the memorial. “We all just need to stick together and pray and do what's right.”
About a dozen survivors remain hospitalized. | https://www.nbcnewyork.com/news/national-international/smuggling-charges-filed-against-two-men-in-san-antonio-migrant-deaths/3756338/ | 2022-06-30T12:00:18Z | https://www.nbcnewyork.com/news/national-international/smuggling-charges-filed-against-two-men-in-san-antonio-migrant-deaths/3756338/ | true |
President Joe Biden is wrapping up his five-day European trip on Thursday after meeting with fellow NATO leaders earlier in the day.
Biden will answer questions about the trip at an 8 a.m. news conference from Spain.
Biden’s European trip started in Germany with a gathering of G7 leaders. Much of the focus was on rising oil prices and slowing global inflation. The leaders there agreed to establish a price cap on Russian oil to prevent the nation from profiting off the high price of oil.
Biden then moved on to the NATO summit in Spain this week. The conference was highlighted by the alliance extending an invitation to Sweden and Finland to join the group after Turkey dropped its objection.
The president will return to the United States Thursday evening. | https://www.3newsnow.com/news/national/president-biden-wraps-up-european-trip-following-g7-nato-summits | 2022-06-30T12:00:46Z | https://www.3newsnow.com/news/national/president-biden-wraps-up-european-trip-following-g7-nato-summits | true |
Britain proposes more time for 'synthetic' sterling Libor
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LONDON, June 30 (Reuters) - Britain's markets watchdog proposed on Thursday giving banks an extra three months to stop using a "synthetic" version of sterling Libor and left the door open to a dollar counterpart.
Once dubbed the world's most important number, Libor or the London Interbank Offered Rate, has been used globally to price everything from mortgages and student loans to derivatives and credit cards, all worth trillions of dollars.
Regulators want to end use of Libor after banks tried to rig it, replacing it with rates compiled by central banks such as the Federal Reserve, European Central Bank and Bank of England.
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Compiled in five currencies, Libor was largely phased out for new contracts at the end of 2021, with a synthetic version for sterling and yen Libor introduced to give banks time to transfer outstanding contracts to a central bank rate.
"Market participants have told us previously that they would value having a period of notice before the cessation of synthetic sterling Libor," Britain's Financial Conduct Authority said in a consultation paper on Thursday.
"To ensure adequate notice, we are seeking views on ceasing the requirement to continue publication of the one- and six-month sterling Libor settings at the end of March 2023 instead of end‑December 2022," the FCA said.
Synthetic yen Libor will cease at the end of 2022, as planned, the FCA said.
Some dollar denominated Libor rates are still being published but they are due to cease mid-2023.
"We are also seeking views on any challenges or issues that might result from the publication of any U.S. dollar Libor settings on a synthetic basis," the FCA said.
The FCA said it would assess whether dollar Libor could be ended without the need for a synthetic version and said market participants should not rely on any synthetic Libor being published.
Any synthetic dollar Libor would follow a similar model to the synthetic versions of sterling and yen Libor, the FCA said.
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Our Standards: The Thomson Reuters Trust Principles. | https://www.reuters.com/markets/europe/britain-proposes-more-time-synthetic-sterling-libor-2022-06-30/ | 2022-06-30T12:01:33Z | https://www.reuters.com/markets/europe/britain-proposes-more-time-synthetic-sterling-libor-2022-06-30/ | true |
When Hansika Daggolu’s junior year of high school starts in the fall, she’ll be watching to see if a later first bell under a new California law means fewer classmates are heads-down on their desks for afternoon naps.
The overall mood, she suspects, will lift as well if her classmates at Mission San Jose High School in Fremont aren’t quite so sleepy.
“I’m really excited and I am so happy this is happening,” said Hansika, 15, who said she will no longer have to get out of bed before 7 a.m. to get to school by 8 a.m.
Beginning this fall high schools in the nation’s most populous state can’t start before 8:30 a.m. and middle schools can’t start before 8 a.m. under a 2019 first-in-the-nation law forbidding earlier start times. Similar proposals are before lawmakers in New Jersey and Massachusetts.
Advocates say teens do better on school work when they’re more alert, and predict even broader effects: a reduction in suicides and teen car accidents and improved physical and mental health.
“We know that teenagers are the most sleep-deprived age group, and the cause is our own public policy,” said Joy Wake, who helped lead the efforts of the “Start School Later” group in California.
The average start time for the nation’s high schools was 8 a.m. in 2017-18 but about 42% started before then, including 10% that began classes before 7:30 a.m., according to the National Center for Education Statistics. Middle school start times in 2011-12, the most recent available from NCES, were similar.
That’s too early for adolescents whose bodies are wired to stay up later than at other ages because of a later release of the sleep hormone melatonin, scientists say. The American Academy of Pediatrics recommends that middle and high schools start at 8:30 a.m. or later. The Centers for Disease Control and Prevention recommends eight–10 hours of sleep per night for 13- to 18-year-olds.
After finishing eighth grade and doing all of ninth grade remotely because of COVID-19 closures, Hansika said it was hard enough to transition from the shortened, less structured days to more challenging courses in a new school without also battling to stay alert. Remote learning allowed her to sleep until signing in for school in her robe and to take naps after classes ended around 12:30 p.m. That changed when schools reopened this past year.
“Being sleep deprived in some parts of the year was also a problem for me so there’s a lot of factors that come together,” she said. She doesn’t anticipate staying up any later because of the shift next year.
Opponents of changing start times often bring up logistical challenges like shifting bus routes and afterschool schedules and disrupting family routines built around existing school and work schedules.
As California debated the change, Orange County Superintendent of Schools Al Mijares worried it would disproportionally hurt students from working class families and single-parent households.
“While it may be easy enough for some families with flexible schedules to adjust, in some communities, parents who are working just to make ends meet don’t have the luxury of delaying the start of their workday,” he wrote in a 2019 opinion piece for the nonprofit Cal Matters.
Wake responds that it’s impossible to start school at a time that fits everyone’s work schedules, “but you can pick a time that doctors say is healthier and safer for teenage kids.”
Bills related to school start times have been introduced in at least 22 U.S. states in recent years, according to Start School Later, though with limited success.
“Adolescents who do not get enough sleep are faced with several health risks including being overweight, drinking alcohol, smoking tobacco, and using drugs, as well as poor academic performance,” according to New Jersey legislation introduced in April by Assembly Speaker Craig Coughlin and Sen. Vin Gopal, chair of the Education Committee.
It calls for start times of 8:30 a.m. or later statewide.
The New Jersey School Boards Association has opposed the effort in favor of letting local districts set their own schedules. | https://phl17.com/us-news/ap-us-news/california-late-start-law-aims-to-make-school-less-of-a-yawn/ | 2022-06-30T12:05:31Z | https://phl17.com/us-news/ap-us-news/california-late-start-law-aims-to-make-school-less-of-a-yawn/ | true |
Take a look at the beta version of dw.com. We're not done yet! Your opinion can help us make it better.
Learn more about the DW Global Media Forum, the international media summit hosted annually by Germany’s international public broadcaster.
Freedom of expression is the cornerstone of democratic discourse and a major catalyst for social cohesion. Nevertheless, free speech is facing growing challenges across the globe, as the digital revolution and political struggles continually transform the economic and social frameworks of independent media.
The media landscape of the future will increasingly depend on intercultural exchange, where fundamental issues can be discussed, conflicting views be consolidated and lessons be learned together. Using an international and interdisciplinary approach, the DW Global Media Forum presents a unique event that addresses exactly that objective.
For the past 15 years, the Global Media Forum has brought together more than 2,000 participants from over 140 countries together almost each year at the plenary hall of the former German Bundestag in Bonn – known today as the World Conference Center Bonn – making it "the place made for minds."
Here, media professionals get together to discuss the latest socio-political issues of our time and, in particular, how they relate to and are dealt with by the media. They are joined by decision-makers and influencers from politics and civil society, culture, education, business and science.
In 2022, we welcomed our participants in person in Bonn again following two years of digital events due to the COVID-19 pandemic. Take a look at our 2022 highlights from "Shaping tomorrow, now":
As planning a networking conference of this kind became impossible in 2020 and 2021, we organized the Global Media Forum for the first time as a digital-only event in 2020, addressing important issues and trends pertaining to "Pluralism. Populism. Journalism." throughout the year.
In 2021, the Global Media Forum was held as a hybrid event, which was live-streamed from the Deutsche Welle headquarters in Bonn, Germany, lending opportunities for people from around the world to connect with each other despite the challengers of the ongoing COVID-19 pandemic. We discussed the effects of "Disruption and Innovation" and what they mean for the media.
Watch the 2021 conference recordings on our YouTube channel. | https://www.dw.com/en/the-place-made-for-minds/a-46188213 | 2022-06-30T12:09:35Z | https://www.dw.com/en/the-place-made-for-minds/a-46188213 | false |
Power of low-code leveraged to make the world a better place
- The biggest low-code hackathon in the world, 'MxHacks 2022' will be held on September 23– 24 at four locations and remotely
- Teams from all around the world will build solutions that advance good causes
BOSTON, June 30, 2022 /PRNewswire/ -- Mendix, a Siemens business and global leader in modern enterprise application development, announced that it will host its first-ever global hackathon, 'MxHacks 2022, Low-Code for Good,' to build solutions designed to improve lives, safeguard the environment, conquer disease, fight for justice, or advance other good causes. Slated to be the biggest low-code hackathon in the world, MxHacks 2022 will take place in four locations on three continents: Boston, London, Rotterdam, and Singapore, as well as remotely from anywhere in the world.
MxHacks 2022 is actually three hackathons in one. Each region will compete in its local time zone, working on a challenge for one of three nonprofits hand-picked by Mendix. They will work on one use case from the specific nonprofit in their own region.
Use cases may include a mobile app that provides refugees with a secure digital identity, or a web app that helps people in sparsely populated areas to easily connect with a doctor, for example. The winners in each region — the Americas, EMEA, and APAC — will be awarded prizes and have the opportunity to implement the solution, potentially building a long-term relationship with the nonprofit organization. And the world will be a better place as a result.
Participants can look forward to an exciting weekend filled with learning, fun, and a healthy dose of competition — fueled by a never-ending supply of snacks & drinks. The hackathon gives the stage to developers in the Mendix community to meet across the globe and grow their networks. They can join workshops hosted by experts, attend trainings, and strike up conversations with the many coaches patrolling the hackathon. Hackers can also check out career opportunities at meet-and-greet sessions with companies looking to hire developers and expand their teams.
Admission to MxHacks is free. Each team can include up to four people. Solo developers can participate on their own or join a matchmaking session to team up before the event. Hybrid teams are also eligible, with some members going on-site while others call in remotely.
"Mendix is fast-becoming the platform of choice for enterprise digital transformation, and it also has the power to transform the world," says Johan den Haan, chief product and technology officer at Mendix. "MxHacks is a great way for developers to meet like-minded people who are passionate about building killer solutions and doing something important to make the world a better place. It's amazing what you can do with Mendix low-code in 36 hours — I can't wait to see what ideas come to life."
Developers can register for the hackathon on the MxHacks page and are encouraged to join the Mendix Community Slack and watch the #announcements and #mxhacks-general channels.
For more information about the hackathon, please visit MxHacks 2022.
In a digital-first world, customers want their every need anticipated, employees want better tools to do their jobs, and enterprises know that sweeping digital transformation is the key to survival and success. Mendix, a Siemens business, is quickly becoming the engine of the enterprise digital landscape. Its industry-leading low-code platform and comprehensive ecosystem integrates the most advanced technology to support solutions that boost engagement, streamline operations, and relieve IT logjams. Built on the pillars of abstraction, automation, cloud, and collaboration, Mendix dramatically increases developer productivity and empowers a legion of not-so-technical, 'citizen' developers to create apps guided by their particular domain expertise, facilitated by Mendix's engineered-in collaborative capabilities and intuitive visual interface. Recognized as a leader and visionary by leading industry analysts, the platform is cloud-native, open, extensible, agile, and proven. From artificial intelligence and augmented reality to intelligent automation and native mobile, Mendix is the backbone of digital-first enterprises. The Mendix enterprise low-code platform has been adopted by more than 4,000 leading companies in 46 countries.
Sara Black
sara@bospar.com
(213) 618-1501
Dan Berkowitz
Senior Director Global Communications
Mendix
Dan.Berkowitz@mendix.com
(415) 518-7870
View original content to download multimedia:
SOURCE Mendix | https://www.valleynewslive.com/prnewswire/2022/06/30/mendix-launches-global-low-code-good-hackathon-deliver-transformative-solutions-nonprofits/ | 2022-06-30T12:17:32Z | https://www.valleynewslive.com/prnewswire/2022/06/30/mendix-launches-global-low-code-good-hackathon-deliver-transformative-solutions-nonprofits/ | false |
His emails were stolen; now he´s exposing the hack-and-leak industry
By Raphael Satter and Christopher Bing
June 30 (Reuters) - Indian mercenary hackers have worked in the shadows for at least a decade, helping private detectives get an edge in litigation, a Reuters investigation found. Now one victim - an aviation executive named Farhad Azima - is exposing the secretive industry, with potential ripple effects for legal battles on both sides of the Atlantic.
The outlook for Azima once looked grim. In 2020 a judge in London found the Iranian-American liable for cheating his former business partner, an investment fund based in the emirate of Ras Al Khaimah. In a ruling, Judge Andrew Lenon said Azima had been guilty of "seriously fraudulent conduct" in relation to a pair of aviation and tourism-related business deals.
But the case relied heavily on hacked emails that had mysteriously been posted to the web by an apparent whistleblower. Azima - who has long denied the fraud allegations - believed that allies of Ras Al Khaimah´s ruler, Sheikh Saud bin Saqr al-Qasimi, had masterminded the leak in a bid to win at trial.
Witnesses called by the investment fund, known as RAKIA, did nothing to convince him otherwise.
Azima told Reuters he shook his head in disbelief after Israeli journalist Majdi Halabi told the judge he innocently discovered the stolen material "in one of my regular Google searches" for the tycoon´s name in 2016.
Halabi testified that he sent web links to the material to an old friend, British private investigator Stuart Page, who was working for Sheikh Saud and who had asked Halabi to keep an eye out for any Azima-related news. But when cross-examined, Halabi struggled to recall how often he had searched Google for Azima´s name or explain why Page had given him such a peculiar task. Even the judge seemed baffled.
"Presumably Mr Page could have carried out Google searches himself?" Lenon asked.
In his May 2020 judgment, Lenon found Halabi´s testimony "not credible" and Page´s account of how he passed Halabi´s information to Sheikh Saud´s allies "both internally inconsistent and at odds with the contemporary documents." The judge ruled there was no doubt a hack-and-leak took place and said the explanations provided by RAKIA´s witnesses for how they found the documents were full of "unexplained contradictions."
Nevertheless, Lenon said Azima had failed to provide sufficient evidence that RAKIA had hacked his messages. He refused to throw out the emails and ordered him to pay $4.2 million in restitution.
HIT LIST
As the ruling was being prepared, Reuters began sifting through a database of more than 80,000 emails Indian hackers had sent between 2013 and 2020. Obtained exclusively by Reuters, the file provides a down-to-the-second look at who the cyber mercenaries targeted in legal battles around the world. It´s effectively a hit list. Azima featured prominently.
The Indian hackers had aggressively tried to break into the businessman´s emails starting in March 2015. Accounts belonging to Azima´s associates, lawyers and friends were also pursued, the records show.
After being contacted by Reuters seeking comment, Azima launched his own inquiry. His legal team combed his inbox and those of his associates, finding more than 700 malicious emails sent over a 16-month period alone. Azima´s legal team said his data was breached around March 2016.
In subsequent legal filings, Azima´s lawyers accused Indian tech firms CyberRoot Risk Advisory Private Ltd and BellTroX Infotech Services Private Ltd of being behind the espionage campaign.
CyberRoot´s hackers created anonymous websites to disseminate Azima´s stolen emails using blogs titled "Farhad Azima Scammer" and "Farhad Azima Exposed Again," the court records allege. It was one of those sites that Halabi said he innocently stumbled across in August of 2016.
Bank records submitted by Azima´s legal team show that CyberRoot was paid more than $1 million by Nicholas Del Rosso, a London cop-turned-North Carolina private investigator who was working for RAKIA´s U.S. law firm, Dechert, at the time of the hack.
A former CyberRoot employee was quoted in one of the filings as saying the "Azima Exposed" sites were intended "to mimic a genuine whistleblower campaign in similar fashion to offshore leaks like the Panama Papers."
Azima successfully won a retrial of his London case, with a three-judge panel at Britain´s Court of Appeal ruling in March of last year that the revelations out of India would require "a complete re-evaluation of the evidence in support of the hacking claim."
The businessman added Dechert and one of its former partners as defendants in the ongoing case, alleging the Philadelphia-based law firm and one of its most senior British lawyers, Neil Gerrard, masterminded the hacking operation.
Among Azima´s allegations against Gerrard: That he threatened to make him "collateral damage" in the weeks before the leak and that he tried to cover up the hacking by coaching witnesses and laying a false paper trail.
Several legal experts say the suit against Dechert and Gerrard, which is expected to go to trial in 2024, is extraordinary.
"It´s unheard of," said David Butler, a partner who heads the civil fraud division at London-based Fox Williams law firm. "I´ve never known a case where a lawyer is alleged to have commissioned a hack."
Dechert and Gerrard - who has since retired - have denied the allegations and are fighting them in court. Del Rosso did not return messages. In a court filing, he acknowledged paying CyberRoot but said the money was only for routine IT work - not hacking.
CyberRoot and BellTroX did not respond to interview requests. Sheikh Saud´s office and RAKIA - now part of the Ras Al Khaimah Economic Zone - did not return messages seeking comment.
Some of RAKIA´s original witnesses have since changed their stories.
Stuart Page, the British private eye, now admits in an affidavit he told lies about the way the emails were obtained. Majdi Halabi, the Israeli journalist, has also admitted not telling the truth.
The tale of finding Azima´s data through a routine Google search was a "cover story" created to hide the emails´ true provenance, Halabi said in an affidavit submitted in February. "I apologise for the false testimony I provided," he added.
Late this month, RAKIA tried to pull out of the case. In a letter to the High Court sent on June 22 and reviewed by Reuters, RAKIA said it had split with its lawyers and was no longer fighting Azima´s claim, offering the executive "$1 million plus costs" to settle the matter. The investment agency said it "did not authorise or procure any hacking of Mr. Azima´s data" but added that it may have been the victim of unspecified "dishonest and unscrupulous third party advisers."
Azima´s lawyer, Dominic Holden, did not disclose whether the tycoon would accept the offer, saying only that the settlement "will have to reflect the scope and gravity of the wrongdoing."
The case´s dramatic turnaround is getting attention. Azima spokesman Tim Maltin said at least five other lawyers and businessmen have been in contact with Azima´s legal team over suspicions that they too were targeted by Indian hackers as part of separate court battles.
In an email from his home in Missouri, Azima told Reuters American law enforcement needed to do more to stop hackers from targeting litigants.
"Millions of dollars are being made by hackers, investigators and their instructing law firms from these illegal activities," he said. "The hack-for-hire companies may be thousands of miles away, but the victims are often U.S. citizens on U.S. soil."
(Reporting by Raphael Satter and Christopher Bing. Editing by Ronnie Greene) | https://www.dailymail.co.uk/wires/reuters/article-10968961/His-emails-stolen-s-exposing-hack-leak-industry.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-06-30T12:18:06Z | https://www.dailymail.co.uk/wires/reuters/article-10968961/His-emails-stolen-s-exposing-hack-leak-industry.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | false |
PRAGUE (AP) — The Czech Republic has decided to reverse plans to halt mining in a key black coal region to help the country safeguard its power supply amid high demand and the energy crunch prompted by the Russia's war in Ukraine.
Finance Minister Zbynek Stanjura said Thursday that the state-owned OKD company will extend its mining activities in north-eastern Czech Republic until at least the end of next year, with an analysis to be made on a possible further extension until 2025.
The original plans called for mining to be halted there this year, but “demand for black coal is enormous,” Stanjura said.
Some other European Union countries are turning back to coal as a replacement for reduced deliveries of Russian natural gas, threatening climate goals in Europe. Russia has trimmed gas flows to EU countries like Germany, Italy and Austria on top of its gas cutoffs to France, Poland, Bulgaria and others.
OKD's chief executive, Roman Sikora, said the Czech company was planning to mine 1.3 million metric tons of black coal in 2023.
It will be mostly used for generating power and household heating. Coal-fired power plants generate almost 50% of total Czech electricity output.
The decision came after the European Union agreed to ban Russian coal starting in August over the war in Ukraine and as it works to reduce the bloc's energy ties to Russia.
The Czech government aims to phase out coal in energy production by 2033 while increasing the country’s reliance on nuclear power. | https://www.sfgate.com/news/article/Czech-Republic-to-extend-coal-mining-amid-high-17276176.php | 2022-06-30T12:18:23Z | https://www.sfgate.com/news/article/Czech-Republic-to-extend-coal-mining-amid-high-17276176.php | true |
France's Macron: Finland and Sweden's NATO plans show Putin that his strategies are wrong
MADRID, June 30 (Reuters) - Plans by Finland and Sweden to join the NATO alliance send a clear signal to Russia that Russian leader Vladimir Putin's strategies are wrong and self-defeating, French President Emmanuel Macron told the NATO summit in Spain.
Earlier this week, NATO invited Sweden and Finland on Wednesday to join the military alliance in one of the biggest shifts in European security in decades after Russia's invasion of Ukraine pushed Helsinki and Stockholm to drop their traditional of neutrality.
Russian forces also announced on Thursday they had abandoned the strategic Black Sea outpost of Snake Island, in a major victory for Ukraine that could loosen the grip of Russia's grain export blockade. (Reporting by Geert de Clercq; Editing by Sudip Kar-Gupta) | https://www.dailymail.co.uk/wires/reuters/article-10969101/Frances-Macron-Finland-Swedens-NATO-plans-Putin-strategies-wrong.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-06-30T12:20:44Z | https://www.dailymail.co.uk/wires/reuters/article-10969101/Frances-Macron-Finland-Swedens-NATO-plans-Putin-strategies-wrong.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | false |
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EKIMAS Corp Annual Report (Form10)
Accepted:
Form Type:
10-K
Accession Number:
0001493152-22-017952 | https://www.benzinga.com/secfilings/22/06/27889558/ekimas-corp-annual-report-form10 | 2022-06-30T12:21:01Z | https://www.benzinga.com/secfilings/22/06/27889558/ekimas-corp-annual-report-form10 | false |
WATERTOWN, Wis. — Heather O’Neill hasn’t been very active in politics since 2011 and 2012, when she joined a swell of protests over union rights and cuts to government workers’ pay.
“Just thinking that she has fewer rights than I did when I was her age is really heartbreaking,” O’Neill said at the picnic hosted by the Jefferson County Democrats, which drew a few dozen people from a Republican-leaning area of tiny towns and farms. “That just made me feel like we need to get involved again.”
Democrats hope the fall of Roe — the landmark case that made abortion a constitutional right for nearly half a century — can animate their voters in an otherwise difficult election year. Wisconsin — where a law from 1849 now bans almost all abortions — will be a revealing test case that encapsulates many of the political forces charging an explosive national debate.
Democratic candidates in highly competitive races for governor, Congress and other offices have put abortion front and center in recent days, promising clemency for Wisconsin doctors and efforts to end the Senate filibuster that stands in the way of federal legislation on abortion rights.
“We will fight,” Gov. Tony Evers (D), who is seeking reelection and working to thwart the abortion ban, said in an interview with The Washington Post this week. “We will fight every possible way to keep what we’ve got for the last 50 years.”
While some already see signs of heightened Democratic energy in this purple state, pollsters say it is too early to draw conclusions about how abortion will factor into the outcomes here in November. Republicans in Wisconsin also view the issue as a motivator for their base.
At a GOP gubernatorial debate this week, candidates enthusiastically endorsed the state’s law from the 19th century, which allows abortions only to save a mother’s life and makes no exceptions for rape or incest. Doctors who perform the procedure could face up to six years in prison and $10,000 in fines.
“I will not hesitate to remove district attorneys who refuse to follow the law,” said former lieutenant governor Rebecca Kleefisch, one of the top candidates. Business executive Tim Michels, another leading candidate, who is endorsed by former president Donald Trump, has also voiced support for the state abortion ban.
Outside a Planned Parenthood in Milwaukee on Tuesday, Republican Anne Franczek stood alone on the sidewalk waiting to hand out pamphlets on birth control, not far from her car with a “TRUST JESUS” bumper sticker. She ignored the young man who walked by saying, “If you know anybody who needs an abortion, I’m driving people down to Illinois.”
Asked how she felt after the Supreme Court’s decision, 64-year-old Franczek struggled to speak for 10 seconds. She put her face in her hands.
“Finally, there’s hope for these little babies to live instead of being killed,” she said.
Wisconsin is a key midterm state that will help decide control of the Senate, on top of the in-state implications of the election. Democrats are encouraged by some recent developments, including surges in political donations. Beyond November, Wisconsin is expected to be a crucial battleground in 2024, after two consecutive presidential elections here were decided by less than a percentage point.
Evers and Attorney General Josh Kaul (D), who is also seeking reelection, announced a lawsuit this week to block enforcement of the ban, arguing that the 173-year-old law has “fallen into disuse” and that more recent legislation barring abortion after the point of fetal viability should take precedence. At a news conference Tuesday, Evers emphasized that the old law was passed decades before women got the right to vote.
Ahead of the Aug. 9 Democratic primary for U.S. Senate, each candidate has been broaching the issue of abortion in personal terms. Milwaukee Bucks executive Alex Lasry talks about his wife, who works at Planned Parenthood Wisconsin, now forced to halt abortions. “What voters are starting to see is the stakes of this election,” he said in an interview. Lt. Gov. Mandela Barnes, the slight front-runner in Marquette Law School’s recent polling, tells crowds about his mother’s decision to end a risky pregnancy.
Speaking to people gathered at picnic tables in Watertown on Tuesday, Barnes acknowledged that people are mad at Democratic inaction.
“I am telling you, if you send me to the United States Senate and we get one more vote, we will have that pro-choice majority in the United States that will make abortion access the law of the land,” said Barnes, whose campaign broke its record for individual donations the day Roe was overturned. People cheered.
Fifty-eight percent of people in Wisconsin say abortion should be legal in all or most cases, according to a Marquette Law poll conducted just before the Supreme Court’s ruling last Friday, while 35 percent say it should be illegal in all or most cases. Independents who lean toward 0ne party tend to reflect that party’s views on abortion, said poll director Charles Franklin, while truly down-the-middle independents lean in favor of abortion access.
National polling found that Democrats were more concerned about the issue of abortion than Republicans in May, after a draft opinion overturning Roe was leaked, Franklin said. Yet Republicans were the ones who grew more excited about voting over the past two months in Wisconsin — with two-thirds saying they were very enthusiastic in June, compared with 58 percent of Democrats. Now, some strategists say, the actual ruling — and its instant impact in the state — will change the picture.
“An issue like this can absolutely make the difference in statewide elections,” said Wisconsin Democratic Party Chair Ben Wikler.
Democratic strategist Joe Zepecki said he expects Roe’s undoing to galvanize young voters and college-educated women and potentially “re-create the coalition that turned on Donald Trump” in 2020, while also boosting liberal turnout as a whole. Sure, he said, abortion is one of many issues — but in narrowly divided Wisconsin, “it all matters.”
Republican strategist Bill McCoshen said he thinks voters will be focused mostly on gas prices, inflation and crime in November. Still, he said, “from a political standpoint, I think everyone’s glad [the ruling] came early, in June and not in October.”
Democratic candidates’ promises to circumvent the abortion ban were a “huge topic” at a Dane County GOP meeting this week, said Chair Scott Grabins. “Clearly it’s not a done deal,” said Grabins, whose county includes the capital, Madison. “Even pro-life individuals, Republicans — there’s still work to be done.”
Johnson, the incumbent senator, praised the ruling as a “victory for life” in a statement last Friday and said it would “allow that democratic process to unfold in each state.” His campaign did not respond to requests for comment. Like many Republicans, Johnson has been focused on criticizing the Biden administration on issues like inflation and border policy.
The Republican-dominated state legislature has not moved to repeal or modify the abortion ban and quickly ended a special session that Evers called for that purpose last week. State Assembly Speaker Robin Vos (R), who did not respond to an inquiry, has expressed support for an exception for cases of rape and incest, but many Democrats are skeptical that will materialize.
With a decisive Republican majority in the legislature, Democrats are focused this cycle on warding off a GOP supermajority that could override the governor’s veto. They say gerrymandering has left the legislature unrepresentative of the Democratic-led state and its residents’ views on abortion, making Evers a crucial bulwark.
“I suppose they may try to take away my clemency rights,” Evers said of Republican legislators in the interview. Whatever they attempt, he said, he’ll veto it.
“If he isn’t there, then we might as well be Texas,” said Leslie DeMuth, who has been knocking on the doors of low-frequency voters for what she calls “deep canvassing” — in-depth conversations with voters about the issues on their mind. Women are mad about abortion, she said.
After the draft opinion gutting Roe leaked, about a dozen Democratic candidates “came off the fence” and jumped into State Assembly races — even ones they are unlikely to win, said Wikler, the Democratic state party chair. “They couldn’t remain on the sidelines.”
Some in Wisconsin say Democrats should have emphasized abortion access far earlier. Democratic U.S. Senate candidate Sarah Godlewski — who focused on the potential loss of Roe in a six-figure ad investment last fall — said in an interview that her campaign saw its highest number of individual donations to date on Friday, Saturday and Sunday.
“I’m frustrated with my own party,” Godlewski, the only woman in her primary, said at a gathering outside the Wisconsin Capitol on Monday, flanked by doctors in white coats. “We have had 50 years to codify this into law, but for some unknown reason, we just haven’t found the way to prioritize this.” Like others in the race, she wants the Senate to get rid of the filibuster, which effectively requires 60 votes to pass federal legislation codifying the right to end a pregnancy.
One of the youngest people in attendance at the event where Barnes spoke on Tuesday was Becca Jesse, 14, who learned that Roe was ending through videos on TikTok.
It’s scary, she said, because very young girls can get pregnant and might be forced to give birth. “That’s just disgusting,” she said. | https://www.washingtonpost.com/politics/2022/06/30/wisconsin-abortion-2022-election/ | 2022-06-30T12:22:31Z | https://www.washingtonpost.com/politics/2022/06/30/wisconsin-abortion-2022-election/ | true |
Accomplished Executives Bring Insight and Strategy to Leading AI Company
WASHINGTON, June 30, 2022 /PRNewswire/ -- Babel Street, the world's leading AI-enabled data-to-knowledge company, today announced that Bryan Mulholland has joined the company as Executive Vice President of Sales and Jen Snell has joined as Senior Vice President of Marketing.
"Bryan and Jen bring decades of sales and marketing experience, and I look forward to the invaluable guidance they will bring to our team," said Michael Southworth, CEO of Babel Street. "Their expertise in public sector technology will help us rapidly scale the business and elevate Babel Street to a higher level of service in providing groundbreaking solutions to our customers."
As EVP of Sales, Mulholland will oversee Babel Street's revenue operations, ensuring the company continues to provide critical insights and innovative solutions to customers. The Navy Seal veteran has extensive experience facilitating the sales of data management technology, information technology services, and business development strategies within the Defense and Intelligence communities. Mulholland previously held business leadership positions at Microsoft, Dataminr, and Oracle. He joins Babel Street from Denodo, where he led the company's national security practice, assisting government agencies in providing data virtualization and data fabric technology solutions.
In her role as SVP of Marketing, Snell will lead and coordinate Babel Street's marketing strategy, continuing to fortify the company's position in the market as a premier provider of data-to-knowledge software. Snell's considerable experience in thought leadership, product strategy, and marketing will be crucial to Babel Street's success and future relationships with customers. Snell previously held senior marketing positions at notable technology companies, including Verint and conversational AI pioneer, Next IT.
For more information on Babel Street and the leadership team, please visit: www.babelstreet.com.
Babel Street is the world's leading AI-enabled data-to-knowledge company. The company's technology allows customers to rapidly discover and decipher the insights they need to empower their missions, regardless of origin, language or platform. Babel Street's patented analytics software transforms the most relevant insights for our customers through AI-enabled, cross-lingual, conceptual and persistent search of information from around the world. State-of-the-art linguistics technology deciphers actionable insights from public or private data sources unbound by origin or language. With Babel Street, governments and organizations empower their teams with critical and timely insights on a single pane of glass for immediate analysis, action, and mission success. Babel Street software serves as a force multiplier for customers to uncover threats and opportunities – known and unknown, foreign or domestic, physical or cyber – and make the world a safer, more prosperous place. Babel Street is privately held and is headquartered in the Washington, D.C. area, with offices in London, Canberra and Ottawa. For more information, visit www.babelstreet.com.
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SOURCE Babel Street | https://www.kbtx.com/prnewswire/2022/06/30/babel-street-appoints-new-executive-vice-president-sales-senior-vice-president-marketing/ | 2022-06-30T12:27:41Z | https://www.kbtx.com/prnewswire/2022/06/30/babel-street-appoints-new-executive-vice-president-sales-senior-vice-president-marketing/ | false |
Läderach Celebrates Rapid Expansion to 40 Stores in North America with New Marketing Campaign
NEW YORK, June 30, 2022 /PRNewswire/ -- Summer has officially arrived. To celebrate the season and its newly established 40-store and 40-team presence in North America, Läderach Chocolatier Suisse is sharing 40 ways to enjoy fresh Swiss chocolate through a new integrated marketing campaign in the US and Canada. The campaign dubbed 40|40|40 kicks off this week and runs through late August with activation across in-store, retail partners, online, social media, influencers, and media with a call-to-action tagline to "discover 40 ways to enjoy fresh Swiss chocolate this Summer." Additionally, Läderach launched a frequent shopper fresh Swiss chocolate passport - available at any of its 40 locations for consumers to enter for a chance to win multiple chocolate prizes, including chocolate for a year.
"There are so many fun, unique creative ways beyond typical gifting occasions to enjoy chocolate all year long, especially this Summer," said Nathanael Hausmann, president, Läderach North America. "Whether it's making indoor or outdoor movie nights sweeter to complimenting a trip to the beach, chocolate lovers can visit any of our 40 stores across the US and Canada and hear from our 40 teams about more than 40 ways to enjoy fresh Swiss chocolate this season. Some of my favorite ways include enjoying fresh chocolate after lunch, dinner or during a summer day spent on a lake."
Läderach asked its 40 teams across the US and Canada to share their favorite ways to enjoy premium fresh chocolate this Summer. From self-appreciation, special moments with a loved one, close relative or friend to elevating the family or friend get together, Läderach's staff shared the following 40 ways to enjoy Läderach chocolate:
- Pralines and Truffles are always a delicious treat on the way to your favorite summertime destination.
- Going on a nice bike ride and stopping to eat Läderach as a treat while enjoying a scenic view.
- Savoring a bite of FrischSchoggi at the end of a night.
- Sharing and enjoying fresh Swiss chocolate over a bonfire with close friends on a chilly summer night.
- Surprising a family member, friend, or stranger to sweeten their day.
- Treating yourself to your favorite Läderach chocolate as you walk through the mall.
- As an afternoon treat when you finish a workout, work, or any task.
- At the end of the day to compliment the beautiful sunset.
- Bringing fresh Swiss chocolate to the beach in a Läderach cooler bag to enjoy the fresh ocean breeze.
- Enjoying Läderach Tartufi on your way to the park– a sweet truffle inspired by a Northern Italian classic made with the finest gianduja.
- Making hot chocolate in the morning or evening by combining Läderach milk chocolate with some warm milk.
- Taking a small pouch of Läderach chocolates on your front porch and just enjoying/relaxing on a nice sunny day.
- Making milk chocolate covered fruit – from pineapple to strawberries.
- Satisfying that after dinner sweet tooth.
- While on a long boat ride with family and friends.
- Celebrating your best friends' wedding.
- With whisky on a cool summer night – the single origin Madagascar 64% Läderach chocolate compliments a single malt well.
- Binge watching your favorite shows while eating your favorite Läderach chocolate snacks.
- On a boat cruise watching fireworks.
- Making move night sweeter – with Läderach chocolate covered popcorn or savoring a single-origin chocolate tablet bar with cocoa from Ecuador or Trinidad.
- Attending an outdoor music concert in the park with friends.
- While sailing and taking in the relaxing vibes of the sea.
- Walking around and taking in the sights and sounds of NYC Times Square or your favorite destination of choice and enjoying Läderach's chocolate covered cornflakes as a sweet snack.
- With a loved one at home during a staycation.
- Enhancing an ice cream sundae with your favorite Läderach chocolate on top.
- On a cross country road trip with friends.
- Hiking with your favorite chocolates in a Läderach cooler bag.
- For any rainy summer day, a slab of FrischSchoggi is always a crowd pleaser with friends.
- Bringing delectable Läderach chocolate truffles as a party gift is always a must.
- With wine and Läderach dark chocolate hand broken FrischSchoggi or pralines – a perfect pair for any dinner, a picnic or party.
- Making the charcuterie board even more tasty at a family or friend's birthday party with Läderach snacking chocolates.
- Spiffy up a camping trip with Läderach chocolate tablet bars.
- On a roof top party in your favorite summer city destination.
- Enjoy a slab of FrischSchoggi with friends at a summer house rental.
- Compliment the end of the backyard party or clambake on the beach.
- After a nice long day at the lake while watching the sunset with friends and family.
- Celebrate a friends' birthday party with a whole slab of FrischSchoggi confetti.
- On a Monday when you need something sweet to start the week.
- 4th of July or Canada Day party – win over your friends or family with a 36-count box of pralines.
- And of course, enjoying Läderach fresh chocolate on a visit to Switzerland.
Läderach's success and momentum to expand is only possible through the passionate drive of its diverse 1,300 employees, from over 50 nationalities who represent various backgrounds, beliefs, and lifestyles. Mutual respect, diversity, inclusiveness and freedom of expression, and transparency are at the heart of Läderach amongst its employees to make the best chocolate possible.
Operating since 1962, Läderach Chocolatier Suisse is a family-owned, premium Swiss chocolate company dedicated to creating sweet moments of joy in everyday life. As the largest chocolate retailer in Switzerland with approximately 1,300+ employees representing more than 50 nationalities and over 100 retail stores worldwide, Läderach has rapidly grown to 40 stores across North America in 2.5 years. Swiss quality is reflected in Läderach's control of the entire value chain from bean-to-bar-to-shop. Läderach uses only the best ingredients through strong relationships with the finest suppliers. Läderach produces over 100 varieties of chocolates, including over 20 varieties of FrischSchoggi™ (large slabs of fresh chocolate bark), more than 50 different pralines and truffles, dozens of confectionery specialties, and a large selection of seasonal creations. To learn more about its stores, chocolate and careers, visit www.laderach.com.
CONTACT: Ryan Bowling
+1 650 245 7945
ryan@thrillcommunications.com
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TEL AVIV, Israel and ZURICH, June 30, 2022 /PRNewswire/ -- SHL Telemedicine Ltd. (SIX Swiss Exchange: SHLTN) ("SHL"), a leading provider and developer of advanced personal telemedicine solutions, announced today that Mr. Ehud Barak is to be appointed as Co- Chairman of SHL Telemedicine.
Ehud Barak, incoming Co-Chairman of SHL: "I am delighted to join SHL's senior management team. As a results of global change, telemedicine has become the standard of care in the way which medical services are provided. SHL has a proven technology, know-how, experience, and strategic cooperation with major health care institutes such as Mayo Clinic, CVS and Henry Schein in the US as well as AOK Bayern and BARMER in Germany. SHL is well positioned to improve the lives of many patients worldwide, and the way that medical services are being consumed. I intend to join SHL's international growth execution efforts mainly in the US and Germany and take part in SHL's senior management team activities as a world leader in the telemedicine field."
Yariv Alroy, Chairman of SHL's board: "SHL greets Mr. Barak and is excited about his appointment as a Co-Chairman of SHL. We are convinced that Mr. Barak's engagement will support the execution and realization of our strategic global vision."
Mr. Baraks' terms of engagement will be brought for approval by a Special General Meeting of the Shareholders ("SGM"), which will be summoned within the next days. Following the approval of the terms by the SGM, the board will appoint the new Co-Chairman.
Further information
Fabienne Farner, IRF, Phone: +41 43 244 81 42 farner@irf-reputation.ch
About SHL Telemedicine
SHL Telemedicine is engaged in developing and marketing personal telemedicine systems and the provision of medical call center services, with a focus on cardiovascular and related diseases, to end users and to the healthcare community. SHL Telemedicine offers its services and personal telemedicine devices to subscribers utilizing telephonic and Internet communication technology. SHL is listed on the SIX Swiss Exchange (SHLTN, ISIN: IL0010855885, Security No.: 1128957). For more information, please visit our web site at www.shl-telemedicine.com.
Some of the information contained in this press release contains forward-looking statements. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those in the forward-looking statements as a result of various factors. SHL Telemedicine undertakes no obligation to publicly update or revise any forward-looking statements.
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SOURCE SHL Telemedicine Ltd. | https://www.weau.com/prnewswire/2022/06/30/former-prime-minister-israel-ehud-barak-be-appointed-co-chairman-leading-partner-shls-global-growth/ | 2022-06-30T12:32:11Z | https://www.weau.com/prnewswire/2022/06/30/former-prime-minister-israel-ehud-barak-be-appointed-co-chairman-leading-partner-shls-global-growth/ | true |
VIRGINIA BEACH, Va., June 30, 2022 /PRNewswire/ -- Fortis Solutions Group LLC, a leading provider of high impact printed packaging solutions and a portfolio company of Harvest Partners, is pleased to announce the acquisition of Anchor Printing based in Novi, Michigan.
Anchor Printing is a flexographic and offset printing specialist providing shrink sleeves, flexible packaging and pressure sensitive labels across a range of industries including the paint, automotive, medical, food, beverage, health and beauty and chemical end-markets.
Fortis President and CEO John O. Wynne, Jr. commented, "I have tremendous respect and admiration for the Weitz family and the nationally recognized business they have created, owned and operated for three generations. We are looking forward to working closely with the Anchor team and Andrew Weitz, who takes on a senior leadership position with Fortis as our President, Shrink and Flexible Packaging. We are very appreciative they have chosen Fortis to help continue their future growth, and bolster our core capabilities and talent across key product lines."
Anchor owner Andrew Weitz commented, "After 75 years of building Anchor Printing Company, we wanted to continue to grow our trajectory, while servicing our customers even better. When meeting with John and the Fortis team, we knew the synergies between the two companies could create something exceptional for years to come and expand the business to even greater heights. Our culture at Anchor was built on the commitment to quality, service, and hard work that was started by my grandfather and passed on to my father and myself, which I will carry on within the Fortis Family."
Employing over 1,200 employees across eighteen manufacturing sites, Fortis intends to continue its pursuit of attractive acquisitions to further the breadth of product offerings and locations which can serve its customer base.
For more information, or to contact a sales representative to learn more about how Fortis can make a difference for you, please call 1-844-FSG-LBLS or visit www.FortisSolutionsGroup.com.
About Fortis Solutions Group
At Fortis Solutions Group, we provide a differentiated approach giving our customers a powerful advantage in the marketplace through industry leading lead times, quality control, color management and solutions-oriented approaches. We deliver a breadth of product offerings utilizing our outstanding flexographic, letterpress, offset and digital printing capabilities. These offerings include pressure sensitive and shrink sleeve labels, multi-ply coupon and flexible packaging printing, extended booklet printing, pouches, folding cartons, label applicators and variable data printing. Headquartered in Virginia Beach, VA, the company also has manufacturing and sales offices in Austin, TX, Catoosa, OK, Ellington, CT, Flowery Branch, GA, High Point, NC, Kansas City, MO, Lewisville, TX, Marietta, GA, Memphis, TN, Merced, CA, Montreal, Canada, Napa, CA, Novi, MI, Orem, UT, Somersworth, NH, West Chester, OH, Whitefish, MT and Wixom, MI.
About Harvest Partners, LP
Founded in 1981, Harvest Partners, LP is an established New York-based private equity investment firm that focuses on investments in middle-market companies in the business services & industrial services, consumer, healthcare, industrials and software industries. Harvest's control strategy leverages the firm's 40 years of experience in financing organic and acquisition-oriented growth. For more information, please visit www.harvestpartners.com.
MEDIA CONTACT:
Lambert | Lisa Baker (603) 868-1967 | lbaker@lambert.com
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SOURCE Fortis Solutions Group | https://www.kalb.com/prnewswire/2022/06/30/fortis-solutions-group-acquires-anchor-printing/ | 2022-06-30T12:32:40Z | https://www.kalb.com/prnewswire/2022/06/30/fortis-solutions-group-acquires-anchor-printing/ | false |
MORRISVILLE, N.C., June 30, 2022 /PRNewswire/ -- Inceptor Bio, a biotechnology company advancing cell therapies for difficult-to-treat cancers, today announced a collaboration with University of Minnesota. The aim of this collaboration is to build a novel induced pluripotent stem cells (iPSC) platform that will accelerate Inceptor Bio's best-in-class next-generation cell therapies platforms. Under the terms of the agreement, Inceptor Bio will receive an exclusive license to the technology developed under this collaboration.
Inceptor Bio plans to advance multiple cell therapy products into clinical studies incorporating the iPSC platform into its proprietary K62 platform for CAR-M therapy, which increases the phagocytic capabilities of macrophages and supports an M1 anti-tumor phenotype, as well as its novel co-stimulatory domain, M83, for CAR-NK therapies.
"iPSC-derived cell therapies have the potential to enable the next frontier of cell therapies. We are excited to work with Dr. Beau Webber at University of Minnesota and his team to develop this unique platform," said Mike Nicholson, Ph.D., President and Chief Operating Officer at Inceptor Bio.
"The team at University of Minnesota is confident that Inceptor Bio is the right partner for building a differentiated iPSC platform to advance novel cell therapies," said Beau Webber, Ph.D., Assistant Professor in the Department of Pediatrics, Division of Hematology and Oncology. "We are deeply encouraged by Inceptor Bio's progress in the cell therapy arena, and we look forward to being part of future developments to help cure difficult-to-treat cancers."
"This partnership is an important step in continuing to execute on our strategy of advancing cell therapies to bring a more positive prognosis and quality of life to patients with difficult-to-treat cancers," said Abe Maingi, Vice President, Business Development at Inceptor Bio. "We are thrilled to be able to develop and deliver on the promise of iPSC-derived cell therapies."
Inceptor Bio is a biotechnology company developing multiple next-generation cell therapy platforms to deliver cures for underserved and difficult-to-treat cancers. Inceptor Bio is building platforms in CAR-T, CAR-M, and CAR-NK. Inceptor Bio is headquartered in Morrisville, North Carolina. More information is available at www.inceptor.bio.
Media Contact
Abe Maingi
abe.maingi@inceptor.bio
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SOURCE Inceptor | https://www.wagmtv.com/prnewswire/2022/06/30/inceptor-bio-announces-strategic-collaboration-with-university-minnesota-develop-novel-ipsc-platform-advancement-next-generation-allogeneic-cell-therapies/ | 2022-06-30T12:33:05Z | https://www.wagmtv.com/prnewswire/2022/06/30/inceptor-bio-announces-strategic-collaboration-with-university-minnesota-develop-novel-ipsc-platform-advancement-next-generation-allogeneic-cell-therapies/ | false |
IronNet, Inc. (NYSE: IRNT), an innovative leader Transforming Cybersecurity Through Collective DefenseSM, today announced it joined the small-cap Russell 2000® and the broad-market Russell 3000® Indexes on June 27 as part of the 2022 Russell indexes annual reconstitution. In addition to joining both the Russell 2000 and the Russell 3000 Indexes, the stock also was automatically added into the portfolios of numerous growth and value investment funds.
“We are proud of IronNet’s inclusion in the Russell 2000 and 3000 Indexes, which we believe highlight the growing focus by investors on the power of our Collective Defense platform,” said General (Ret.) Keith Alexander, chairman and co-CEO of IronNet. “This milestone for our company, within the year of our business combination and entry into the public markets, is a recognition of our market opportunity and our momentum in key sectors, including energy, healthcare, space, government, and finance. Looking ahead, we aim to support our continued growth by further targeting these industries and by leveraging technology and go-to-market partnerships. We have also highlighted initiatives underway to streamline our operations for higher efficiency in order to accelerate our timeline to become cash flow neutral and to set IronNet up for rationalized growth.”
Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12 trillion in assets are benchmarked against Russell’s U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.
About IronNet, Inc.
Founded in 2014 by GEN (Ret.) Keith Alexander, IronNet, Inc. (NYSE: IRNT) is a global cybersecurity leader that is transforming how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale. Employing a number of former NSA cybersecurity operators with offensive and defensive cyber experience, IronNet integrates deep tradecraft knowledge into its industry-leading products to solve the most challenging cyber problems facing the world today. Learn more at www.ironnet.com.
Forward-Looking Statements
This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding IronNet’s ability to transform cybersecurity, execute on its business strategy and increase market share, the expansion of the cybersecurity market and demand for IronNet’s products and services, and IronNet’s strategy to streamline its operations for higher efficiency and its plans to become cash flow neutral. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “aim,” “may,” “will,” “should,” “future,” “propose” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside IronNet’s management’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, that may affect actual results or outcomes include: IronNet’s ability to execute on its plans to develop and market new products and the timing of these development programs; IronNet’s estimates of the size of the markets for its products; the rate and degree of market acceptance of IronNet’s products; IronNet’s ability to secure new contracts and renewals from public sector customers; the success of other competing technologies that may become available; IronNet’s ability to identify and integrate acquisitions; the performance of IronNet’s products; potential litigation; and general economic and market conditions impacting demand for IronNet’s products. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described under the heading “Risk Factors” in IronNet’s Annual Report on Form 10-K for the year ended January 31, 2022, filed with the SEC on May 2, 2022, as updated by IronNet’s Quarterly Report on Form 10-Q for the quarter ended April 30, 2022, filed with the SEC on June 14, 2022, and subsequent filings with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward looking statements, and IronNet does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
About FTSE Russell
FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $20 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.
FTSE Russell is wholly owned by London Stock Exchange Group. For more information on the Russell 2000® and Russell 3000® Indexes and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220630005323/en/ | https://www.marketscreener.com/quote/stock/IRONNET-INC-104922921/news/IronNet-Added-to-Membership-of-Russell-2000-9415-and-3000-9415-Indexes-40866422/?utm_medium=RSS&utm_content=20220630 | 2022-06-30T12:33:16Z | https://www.marketscreener.com/quote/stock/IRONNET-INC-104922921/news/IronNet-Added-to-Membership-of-Russell-2000-9415-and-3000-9415-Indexes-40866422/?utm_medium=RSS&utm_content=20220630 | true |
Why Broadway Lounge in Downtown Peoria is set to close indefinitely in August
After eight years, the lights at Peoria’s own Broadway are going out for the last time. Andrew Driscoll, owner of Broadway Lounge, announced the entertainment and restaurant venue would permanently close on Aug. 13.
In true Broadway fashion, however, the venue will end with one final encore. Driscoll said the Broadway Lounge’s final event would be the “Howlin’ on Water Dueling Piano Show.” This is the same show performed at its opening in 2014.
“Great shows are memorable to people in how they start and how they end,” Driscoll said. “In getting this operation started, there's been so much focus on the start, and I didn't want to just slowly, quietly back out at the end. I wanted to make sure that we're ending as strongly as we started.”
'It's hard right now':Inflation is hitting Peoria small businesses amid hiring struggle
Driscoll became the owner of The Waterhouse Inc. in 2004. The Broadway Lounge’s closing comes after years of challenges. In October, the banquet halls on the second floor of the Maxam building are also shutting down. Despite this, Driscoll said he is trying to keep a positive attitude as he moves forward.Since announcing Broadway Lounge’s closure, Driscoll said he has received sympathy from many in the community.
Driscoll said he has also been met with confusion, however. Many of the Broadway Lounge’s recent shows have been sold out, Driscoll said. Along with this, the downtown workforce is growing compared to pandemic levels.
“I think that has been something that has caught some people a little off guard and so that's again why I'm trying to communicate in this way,” Driscoll said. “You're right. It's not that it's doing terribly but it's not doing as well as I needed to at this point to be worth what the space is worth.”
Looking back, Driscoll described Broadway Lounge’s last few years as “a ping pong match.”
More:Amid labor shortage, Peoria hospitals use huge signing bonuses to attract nurses, other staff
The restaurant and entertainment venue previously shut down in 2018 and 2019. During this time, Driscoll said he had decided that he needed to turn his attention back to the banquet aspect of The Waterhouse Inc.’s business.
Driscoll reopened in 2020 after being unable to sell the space and feeling as though the banquet side of the business was doing well. Then, COVID-19 related restrictions forced Broadway Lounge to shut down temporarily once more, as reported in the Journal Star.
When Broadway Lounge reopened from this closure, Driscoll said he faced staffing shortages. As this problem resolved, he was met with the rising cost of food and then energy.
“So, each one of these things individually, [I can] come up with a solution, whether it's temporary or long-term to be able to get us through those,” Driscoll said. “But when you had all of these pile on top of each other, it just made it really challenging and it starts to wear down your will.”
Despite the closure, however, Driscoll said he is working to keep a positive attitude. He said Broadway Lounge’s past shutdowns and struggles gave him the opportunity to grieve and accept this change. Now, he said he is focused on finding the right people to buy or lease the space.
Driscoll said Broadway Lounge’s closure could also bring positive changes for those in the Peoria community. He said restaurants that are closing provide an opportunity for new and exciting concepts.
“We've already seen quite a bit of new restaurants or new businesses,” Driscoll said. “New energy that people during the pandemic, who were forced to sit and think have decided, ‘OK, this is something I'm passionate about.’ And that entrepreneurial spirit is driving them to put themselves out there - many for the first time.”
Ask Dean:How many homes were demolished to build Interstate 74 through Downtown Peoria?
Broadway Lounge still has around seven weeks until its closure. Driscoll said he wanted to provide guests with the opportunity to experience all their favorite shows and events one last time.
Guests can attend a “Singing Wait Staff DINNER-TAINMENT” on July 5, July 6 and July 23. The themes of each experience are Broadway, ‘80s and “Prime Time and Broadway.” Admission to these events are free.
Broadway Lounge will also offer five “Dinner Buffett & Show” opportunities, with admission being $44 and $48 per guest. More information about each show can be found by going to Broadway Lounge's website.
“I'm excited with these offerings to have one more opportunity for people to come in our doors and get to enjoy that experience,” Driscoll said, “and it gives us the chance to give them a proper goodbye and thank you for the support that they've given us over these years.”
Connect with Cassidy Waigand by emailing her at CWaigand@gannett.com or by following her on Twitter at @justxaxwriter. | https://www.pjstar.com/story/business/2022/06/30/peoria-broadway-lounge-to-close-in-august/7760625001/ | 2022-06-30T12:34:05Z | https://www.pjstar.com/story/business/2022/06/30/peoria-broadway-lounge-to-close-in-august/7760625001/ | true |
Supreme Court abortion ruling is the 'New Prohibition,' Atlantic's David Frum writes
He compared pro-life efforts to ban abortion to the movement to ban alcohol
David Frum suggested in The Atlantic that the recent Supreme Court decision on abortion could go the way of the Prohibition movement.
Frum’s Monday piece claimed, "Roe Is the New Prohibition," predicting that returning abortion jurisdiction back to the states will produce the same disastrous impact as the movement to ban alcohol.
"Many urban and secular Americans experienced those events with the same feeling of doom as pro-choice Americans may feel today after the Supreme Court’s overturning of Roe v. Wade," Frum wrote.
In a lengthy dissection of Prohibition, Frum described the movement, as well as pro-life activism, as religiously and morally motivated towards mass mobilization. As such, he believed the pro-life movement is similarly doomed to failure.
ABORTION: MEDIA ACCUSES SUPREME COURT JUSTICES OF LYING ABOUT ROE V. WADE, BUT CLAIM IS DUBIOUS
"Prohibition and Dobbs were and are projects that seek to impose the values of a cohesive and well-organized cultural minority upon a diverse and less-organized cultural majority. Those projects can work for a time, but only for a time. In a country with a representative voting system—even a system as distorted in favor of the rural and conservative as the American system was in the 1920s and is again today—the cultural majority is bound to prevail sooner or later," Frum offered.
He also suggested that potential Republican voters motivated by COVID lockdowns or record-level inflation could even switch their votes in response to the ruling on abortion.
Although Frum criticized pro-choice organizations for being buried under political issues, he was optimistic about Democrat chances in 2022 and 2024.
"But as happened with Prohibition, nothing like an invasion of a person’s most intimate decisions serves better to unite formerly squabbling factions," Frum noted.
Like many of his media colleagues, Frum likewise criticized the Supreme Court, though stopping short of calling the court illegitimate. Instead, he hoped that the upcoming elections could be used as referendums against Republicans for the court’s decision.
"Now the highest court has abdicated its protective role, and those voters will have to either submit to their legislature’s burdens or replace the legislators," Frum advised.
In the week since the announcement of the Dobbs decision, several Democrat politicians have spoken out in favor of laws or policies to protect abortion. However, a poll following the Supreme Court ruling revealed that only 15% of voters considered abortion to be a major midterm issue.
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He closed, "So welcome to the Roaring Twenties. The pro-life dog has at last caught up with the Roe v. Wade car. Now it has to chew on its prey. And it’s about to discover that the prey in its jaws is a lot bigger and stronger than it looked when the dog started its chase." | https://www.foxnews.com/media/supreme-court-abortion-new-prohibition-david-frum | 2022-06-30T12:34:15Z | https://www.foxnews.com/media/supreme-court-abortion-new-prohibition-david-frum | true |
Inaugural Award Recognizes Industry Leading Winthrop Center as a Global Model for Energy Efficient Office Buildings
BOSTON, June 30, 2022 /PRNewswire/ -- On June 16, The Passive House Network honored developer MP Boston with the 2022 Passive House Trailblazer award for the development of Winthrop Center. The forthcoming 691-foot, mixed-use tower in the heart of Boston contains 812,000 square feet of office space built to rigorous Passive House standards, setting a new global standard for building performance and energy conservation. Upon completion in 2023, Winthrop Center will be the largest Passive House office building in the world, modeling the most energy efficient solution for large scale buildings and leading the industry into the future.
"Passive House is the route to zero operational carbon, which is why Winthrop Center is a globally important building. MP Boston is paving the path for developers searching for more energy-efficient solutions and for cities and states trying to meet carbon reduction goals," said Passive House Network Board Chair, Craig Stevenson.
A typical Class A building in Boston's existing stock uses 150% more energy, and existing LEED Platinum buildings in Boston use 60% more energy than Winthrop Center's office space is expected to use once completed. Winthrop Center's energy efficient design advances Boston's climate change mitigation efforts. If the reduction in energy use and greenhouse gas emissions resulting from Winthrop Center's Passive House design were applied to existing building stock in Boston, the City would save 3 million metric tons of greenhouse gas emissions. This savings would drive City emissions from 6.4 million tons of CO2 to 3.4 million tons of CO2, a full 10-12 years ahead of the City's goal.
"With Class A office space expected to expand by billions of square feet between now and 2050, application of Passive House cannot come soon enough or spread fast enough in this ongoing fight against climate change," said Stevenson. "MP Boston is a true trailblazer for employing Passive House methods at a size and scale that has never been done before."
Uniquely integrating health and wellness, sustainability and technology, Winthrop Center will deliver 812,000 square feet of Global Class A office space and 510,000 square feet of residential space, including 321 luxury residences to the center of Boston. Designed by Handel Architects, in collaboration with SOCOTEC and Steven Winters & Associates, Winthrop Center's office space is a pilot project for Passive House development, representing the first time a developer has applied the Passive House approach to a building of this size, scale, and typology.
Winthrop Center is the most energy efficient large-scale building ever built in a cold climate, where the Passive House application is critically important because Passive House dramatically lowers heating demand. The building incorporates a well-insulated building façade, air-tight exterior envelope, and advanced energy recovery ventilation (ERV) system for its office space. In addition to eliminating heating and cooling inefficiencies, this integrated system allows the building to deliver better managed and higher quality air, positively impacting employee health, productivity, and sense of well-being.
"We are honored to receive the Passive House Trailblazer Award and are proud that Winthrop Center is at the forefront of this exciting movement of energy efficient buildings providing climate change solutions," said MP Boston's Director of Sustainable Development, Brad Mahoney. "Passive House plays a market moving role and the overall success of Winthrop Center will help drive further innovation and change in the industry. We're already seeing tenants enthusiastically embrace this building standard, eager to walk hand in hand with us in this shared vision for a more sustainable future."
MP Boston is the local arm of the internationally recognized Millennium Partners. Founded over 20 years ago and firmly rooted in the heart of New England, MP Boston has long been a leader in residential real estate and has a strong history in revitalizing Boston neighborhoods and delivering exceptional occupant experiences.
Winthrop Center marks the latest transformational project for MP Boston. Integrating health and wellness, sustainability, and technology in building design, Winthrop Center is fueled by MP Boston's commitment to Boston and vision for the $1.30 billion-dollar mixed-use development that will set a new global standard for building performance and energy conservation. For more information, please visit https://mpbos.com/.
The Passive House Network (PHN), formerly known as NAPHN, is a 501(c)3 that provides Passive House high-performance building education and resources to professionals across the U.S. that transform how they think and work with buildings. PHN provides professionals a complete skill set to reliably produce new and renovated buildings that use dramatically less energy for effective and affordable climate action.
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SOURCE MP Boston | https://www.wagmtv.com/prnewswire/2022/06/30/passive-house-network-honors-bostons-winthrop-center-with-passive-house-trailblazer-award/ | 2022-06-30T12:35:09Z | https://www.wagmtv.com/prnewswire/2022/06/30/passive-house-network-honors-bostons-winthrop-center-with-passive-house-trailblazer-award/ | false |
Kumbhavurutty waterfalls in Kollam to welcome visitors after a gap of five years
Kerala Forest Development Agency to take over management
After a long gap of five years, the Forest department is set to reopen the Kumbhavurutty waterfalls, a major tourist hotspot on the Achencoil-Shencottah road in Kollam district. It is a part of the Manalar-Kumbhavurutty eco-tourism project.
The Kerala Forest Development Agency will take over the management of the destination that used to record an annual footfall of about 3 lakh. The waterfall was closed after repeated accidents. Now, the centre will be opened after extensive maintenance work to prevent untoward incidents.
“We are planning to open the centre within the first week of July. It’s the most-visited waterfall after Palaruvi in the district and a large percentage of the tourists are from neighbouring Tamil Nadu. At present, we have ensured all safety measures and further additions will be made during the second phase,” said an official.
The department closed the waterfalls following a couple of fatalities after the condition of the centre worsened post-2018 floods. “Deep plunge pools were formed in the area, posing a serious threat to the safety of visitors. We have filled them with the help of the Major Irrigation department, while barricades and railings have been installed at some portions,” he said.
As part of welcoming back tourists, the department has also renovated the entrance, walkway, canteen, comfort station and waiting rooms. While the Kumbhavurutty Vana Samrakshana Samithi (VSS) was in charge of the centre earlier, the KFDA will directly oversee its management now.
“There are six VSSs in the area and they will be given equal representation from now on. This ensures more employment and a fair distribution of jobs. At the same time, the KFDA will be directly controlling the activities,” said the official.
In 2021, the department renovated the Alimukku-Achencoil road cutting across three forest divisions, including Punalur, Achencoil and Konni. The 37-km stretch is the shortest route from Tamil Nadu to the Achencoil and Sabarimala temples. Along with the pilgrim inflow, the authorities are expecting more tourists at Kumbhavurutty and Manalar, another waterfall located nearby.
The department is planning to arrange parking space to avoid congestion, and the journey through the forest will be another highlight of the tourist spot. “But we are also planning to introduce some regulations since it’s an eco-tourism centre. Entry will be as per the maximum number of visitors allowed each day,” said the official.
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TAUNTON, Mass., June 30, 2022 /PRNewswire/ -- The nearly 400 registered nurses and healthcare professionals (HCPs) at Steward Morton Hospital in Taunton, who are represented by the Massachusetts Nurses Association (MNA), cast an overwhelming vote yesterday to ratify a new three-year contract that includes significant wage hikes and other improvements that the union believes is key to stemming an exodus of staff to higher paying hospitals outside the community, as well as to ensuring the staff's ability to deliver quality patient care.
Following months of contentious talks, the agreement came together after the nurses took an equally overwhelming vote to authorize a strike if necessary back on May 11th.
"This contract is a testament to the unity of our nurses and health professionals, who made it clear to management that we were ready to do whatever it takes, up to and including a strike, to achieve what we needed to recruit and retain the dedicated and talented staff that make this hospital run," said Jacqui Fitts, RN and chairperson of the MNA local bargaining unit at Morton. "We are pleased that our administration heeded our concerns and decided to work with us to reach a settlement we all can be proud of."
Agreement Highlights
- Wages: Most staff will see across the board wage increases totaling 11 percent over the life of the agreement or 15 percent for the most senior staff members, including 5 percent in the 2022, 3 percent in 2023 (except that the most senior staff will receive 7 percent increases) and another 3 percent in 2024. It also includes higher increases for pharmacists and salary adjustments for social workers that will see those professionals' pay increase between 17 – 20 percent (as they have been paid below market rates for years). The pact also includes significant increases in differentials, including $10 per hour for nurses picking up extra premium shifts on nights, weekends and holidays.
- Staffing and Working Conditions: a major concern for the negotiations was the need to develop staffing standards for the MORCAP substance abuse treatment program, where the nurses were able to include contractually guaranteed staffing levels. Another issue was the need to reduce the floating of intensive care unit nurses off of their unit to deliver care to other understaffed units, resulting in a long pattern of ICU RN resignations and difficulty recruiting to the unit This was a addressed by negotiating a new $7 per hour differential for nurses who want to join a hospital-wide float pool, which will provide greater flexibility in meeting patient needs throughout the hospital, while allowing ICU nurses and others to focus on providing care in their own areas of expertise.
In addition, the contract includes improvements to nurses' vacation time benefit, and provides more flexibility for per diem nurses to work their required monthly hours to help retain this valuable adjunct to the core staffing plan.
The unionized staff also wanted to express their appreciation for the strong support they received throughout the process from state and local political officials, other labor unions and members of the community who attended a rally last April and advocated on their behalf throughout this process.
"From the outset, this was a struggle not only for the caregivers at Morton Hospital, but for the community we serve, as they are the ones who suffer when we don't have the local staff available to deliver the care they need when they need it," said Cheryl Dutra, RPh and vice chairperson of the bargaining unit. "The support of the community at our rally and on other occasions throughout the process was key to our success."
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Founded in 1903, the Massachusetts Nurses Association is the largest union of registered nurses in the Commonwealth of Massachusetts. Its 25,000 members advance the nursing profession by fostering high standards of nursing practice, promoting the economic and general welfare of nurses in the workplace, projecting a positive and realistic view of nursing, and by lobbying the Legislature and regulatory agencies on health care issues affecting nurses and the public.
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SOURCE Massachusetts Nurses Association | https://www.wibw.com/prnewswire/2022/06/30/steward-morton-hospital-rns-health-professionals-cast-overwhelming-vote-ratify-new-three-year-contract-with-significant-wage-hikes-other-improvements-help-retain-staff-ensure-quality-patient-care/ | 2022-06-30T12:36:19Z | https://www.wibw.com/prnewswire/2022/06/30/steward-morton-hospital-rns-health-professionals-cast-overwhelming-vote-ratify-new-three-year-contract-with-significant-wage-hikes-other-improvements-help-retain-staff-ensure-quality-patient-care/ | true |
Nashville-based Business Recognized by Security Operations Leader
NASHVILLE, Tenn., June 30, 2022 /PRNewswire/ -- WrightCore, a ConvergeOne Company has been named Arctic Wolf's Managed Service Partner (MSP) Partner of the Year for 2022. This honor recognizes the company's commitment to improving its customers' cybersecurity posture through a strategic partnership with Arctic Wolf that focuses on joint business growth and planning, engagement and training, demand generation, and executive and security practice alignment.
"By pairing Arctic Wolf's leading security operation solutions with our end-to-end suite of managed services, our partnership has brought our customers great success. We are thankful for our partnership, Arctic Wolf's commitment to us, and the teamwork we demonstrate in delivering robust security platforms, solutions and expertise," said Scott Byers, Regional Vice President, WrightCore, a ConvergeOne Company. "Our customers can expect a comprehensive and proven risk management experience with Arctic Wolf and WrightCore, a ConvergeOne Company."
Celebrating their fifth year, the Arctic Wolf Partner of the Year Awards honor top-performing partners for their achievements in helping organizations improve their security operations through the use of Arctic Wolf solutions and for their commitment to shared customer success through a partnership with Arctic Wolf.
Founded in 2016, WrightCore, a ConvergeOne Company serves clients nationally and globally in all industry verticals. Its architects, engineers, consultants, and support professionals help its clients use products, services, software and devices to solve, envision and understand new possibilities for their business. In November 2021, WrightCore was acquired by ConvergeOne, the preeminent services-led provider of cloud, collaboration, and digital modernization solutions. Through ConvergeOne's broad reach and diverse partner portfolio, the acquisition enhances WrightCore's ability to serve the technology and service needs of its clients.
"The Arctic Wolf partner community continues to lead the way in embracing security operations and playing a transformative role in the security journey of their customers," said Will Briggs, vice president of Americas Channels and Program, Arctic Wolf. "Our Partner of the Year Awards recognize and celebrate those partners who share our mission to end cyber risk, and we congratulate the winners on their significant achievements."
Arctic Wolf is a global leader in security operations, who pioneered a cloud-native security operations platform designed to end cyber risk. Built on open XDR architecture, the Arctic Wolf Security Operations Cloud ingests and analyzes more than two trillion security events a week across endpoint, network, and cloud sources to deliver critical security outcomes and optimize an organization's disparate security solutions. Now deployed to more than 2,700 customers worldwide, the Arctic Wolf Platform delivers automated threat detection and response at scale and empowers organizations of virtually any size to establish security operations with the push of a button.
Additional Resources
- For more information about WrightCore, a ConvergeOne Company, visit www.wrightcore.com.
- For more information about Arctic Wolf, please visit www.arcticwolf.com.
About WrightCore, a ConvergeOne Company
WrightCore, a ConvergeOne Company, is an IT solutions and managed services provider with specialization in architecting and engineering data center, infrastructure, security and unified communications solutions. WrightCore provides integrated technology services across the IT lifecycle, including planning, deployment, support and services. Up and down the IT stack from infrastructure to applications, WrightCore is your trusted technology partner.
About ConvergeOne
ConvergeOne is a proven, services led cloud and applications solution provider that utilizes its intellectual property and unique methodologies to create value for customers and develop progressive solutions that connect people with purpose. Over 14,000 enterprise and mid-market customers trust ConvergeOne to achieve their business outcomes with cloud, collaboration, enterprise networking, data center and cybersecurity solutions. Our investments in cloud infrastructure and professional and managed services provide transformational opportunities for customers to achieve financial and operational benefits with leading technologies. Our 2021 NPS of 80, placing us in the World Class category for the fourth consecutive year, is a testament to our ability to provide customers with the highest level of customer satisfaction, responsiveness, and expertise. ConvergeOne has partnerships with more than 300 global industry leaders, including Avaya, AWS, Cisco, Dell Technologies, Genesys, IBM, and Microsoft to customize specific business outcomes. We deliver solutions with a total lifecycle approach, including strategy, design, and implementation with professional, managed and support services. ConvergeOne holds more than 5,600 technical certifications across hundreds of engineers throughout North America, including three Customer Success Centers. More information is available at convergeone.com.
Press Contact
WrightCore, a ConvergeOne Company
Wendy Munnell, 615-610-3410
wmunnell@convergeone.com
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SOURCE ConvergeOne | https://www.weau.com/prnewswire/2022/06/30/wrightcore-convergeone-company-named-2022-managed-service-provider-msp-partner-year-by-arctic-wolf-protecting-customers-with-leading-cyber-security-solutions/ | 2022-06-30T12:37:03Z | https://www.weau.com/prnewswire/2022/06/30/wrightcore-convergeone-company-named-2022-managed-service-provider-msp-partner-year-by-arctic-wolf-protecting-customers-with-leading-cyber-security-solutions/ | false |
Mansfield Magistrates’ Court heard Wiktor Wroblewski damaged ‘numerous’ cars on Booth Street, Mansfield Woodhouse, on May 10, at about 4pm,before driving home, where his partner called the police.
Pardeep Kalyan, prosecuting, said Wroblewski drank three 35-centilitre bottles of vodka before the incident and had 133 micrograms of alcohol in 100 millilitres of breath, when the legal limit is 35mcg.
The court heard he received a 36-month disqualification for drink driving in November 2018
Wroblewski, aged 40, of Mulberry Close, Mansfield, admitted drink-driving.
Wroblewski, who represented himself, said he deserved a high punishment, but asked the magistrates not to send him to prison, because he would not cope well without his family.
Magistrates were told he was supposed to fly to Morocco for a holiday, but a positive Covid test meant he could not join his family.
He said: “I was left alone and this nightmare came back. I have made this huge mistake and regret it.
“I am trying to regain the respect of my family. I have tried to remain sober so I will not have to revisit this nightmare. Unfortunately I cannot turn back time.”
Wroblewski was jailed for 17 weeks, suspended for a year and given 16 rehabilitation days and 120 hours of unpaid work.
He was also banned from driving for 44 months and ordered to pay a £128 surcharge and £85 costs. | https://www.chad.co.uk/news/crime/mansfield-boozer-crashed-into-parked-cars-after-covid-foiled-his-holiday-plans-3750500 | 2022-06-30T12:40:10Z | https://www.chad.co.uk/news/crime/mansfield-boozer-crashed-into-parked-cars-after-covid-foiled-his-holiday-plans-3750500 | true |
MEXICO CITY, June 30, 2022 /PRNewswire/ -- Grupo Aeroméxico, S.A.B. de C.V. (together with Aerovías de México, S.A. de C.V., "Aeroméxico" or the "Company") (BMV: AEROMEX) is pleased to confirm the execution of the definitive transaction agreement (the "Definitive Agreement") in connection with obtaining total control over the Club Premier ("PLM") loyalty program, as previously announced (the "PLM transaction"). Pursuant to the Definitive Agreement, PLM will become a wholly-owned subsidiary of Aeroméxico. The Definitive Agreement is consistent with the letter of intent previously announced by Aeroméxico on February 8, 2022.
The Mexican antitrust authorities "COFECE" approved the PLM Transaction on June 16, 2022. The PLM Transaction is expected to close on or about July 18, 2022, upon satisfaction of the remaining closing conditions, including finalization of the closing documentation set forth in the Definitive Agreement.
This press release contains certain forward-looking statements that reflect the current views and/or expectations of the Company and its management with respect to its performance, business and future events. We use words such as "believe," "anticipate," "plan," "expect,", "intend," "target," "estimate," "project," "predict," "forecast," "guideline," "should" and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. The Company is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Aeroméxico: Grupo Aeroméxico, S.A.B. de C.V. is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. Aeroméxico, Mexico's global airline, has its main operations center in Terminal 2 of the Mexico City International Airport. Its destination network has reach in Mexico, the United States, Canada, Central America, South America, Asia and Europe. The Group's current operating fleet includes Boeing 787 and 737 aircraft, as well as the latest generation Embraer 190. Aeroméxico is a founding partner of SkyTeam, an alliance that celebrates 20 years and offers connectivity in more than 170 countries, through the 19 partner airlines. Aeroméxico created and implemented a Health and Hygiene Management System (SGSH) to protect its clients and collaborators at all stages of its operation.
www.aeromexico.com www.skyteam.com
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SOURCE Grupo Aeromexico S.A.B. de C.V. | https://www.kxii.com/prnewswire/2022/06/30/aeromxico-announces-execution-definitive-transaction-agreement-antitrust-regulatory-approval-plm-transaction/ | 2022-06-30T12:40:10Z | https://www.kxii.com/prnewswire/2022/06/30/aeromxico-announces-execution-definitive-transaction-agreement-antitrust-regulatory-approval-plm-transaction/ | false |
Russia and China slam NATO after it calls them a threat and a challenge
NATO faced rebukes from Moscow and Beijing on Thursday after it declared Russia a “direct threat” and said China posed “serious challenges ” to global stability.
NATO Secretary-General Jens Stoltenberg said as the summit wrapped up Thursday that member nations agreed on a “fundamental shift in our deterrence and defense” and sent Moscow a clear message that the alliance had drawn a firm line on its eastern frontier.
“We live in a more dangerous world and we live in a more unpredictable world, and we live in a world where we have a hot war going on in Europe,” Stoltenberg said. “At the same time, we also know that this can get worse if this becomes a full-scale war between Russia and NATO.”
Stoltenberg continued: “We want to remove any room for miscalculation, misunderstanding in Moscow, about our readiness to protect every inch of NATO territory. That’s NATO’s core responsibility.”
Over their three days of talks in Spain, NATO leaders also formally invited Finland and Sweden to join the alliance, after overcoming opposition from Turkey. If the Nordic nations’ accession is approved by the 30 member nations, it will give NATO a new 800-mile border with Russia.
Russian President Vladimir Putin warned that he would respond in kind if the two countries allowed NATO troops and military infrastructure onto their territory. He said Russia would have to “create the same threats for the territory from which threats against us are created.”
Finland has long seen Russia as a threat. Now politicians and ordinary Finns are saying it aloud.
Estonian Prime Minister Kaja Kallas said Putin’s threats were “nothing new.”
“Of course, we have to expect some kind of surprises from Putin, but I doubt that he is attacking Sweden or Finland directly,” Kallas said as she arrived at the summit’s conference center venue. “We will see cyberattacks, definitely. We will see hybrid attacks; information war is going on. But not the conventional war.”
China accused the alliance of “maliciously attacking and smearing” the country. Its mission to the European Union said NATO “claims that other countries pose challenges, but it is NATO that is creating problems around the world.”
NATO leaders turned their gaze south for a final summit session Thursday focused on Africa’s Sahel region and the Middle East, where political instability — aggravated by climate change and food insecurity sparked by the war in Ukraine — is driving large numbers of migrants toward Europe.
Chinese President Xi Jinping’s first trip out of the mainland since the pandemic began is to a Hong Kong transformed by Beijing’s crushing of dissent.
“It is in our interest to continue working with our close partners in the south to fight shared challenges together,” NATO Secretary-General Jens Stoltenberg said.
But it was Russia that dominated the summit. Stoltenberg said Moscow’s invasion of Ukraine had brought “the biggest overhaul of our collective defense since the end of the Cold War.”
The invasion shattered Europe’s peace, and in response NATO has poured troops and weapons into Eastern Europe on a scale unseen in decades. Member nations have given Ukraine billions in military and civilian aid to strengthen its resistance.
Ukrainian President Volodymyr Zelensky, who addressed the summit by video link, asked for more. He urged NATO to send modern artillery systems and other weapons and warned the leaders that they either had to provide Kyiv with the help it needed or “face a delayed war between Russia and yourself.”
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“The question is, who’s next? Moldova? Or the Baltics? Or Poland? The answer is all of them,” he said.
At the summit, NATO leaders agreed to dramatically scale up military force along the alliance’s eastern flank, where countries from Romania to the Baltic states worry about Russia’s future plans.
They announced plans to increase almost eightfold the size of the alliance’s rapid reaction force, from 40,000 to 300,000 troops, by next year. The troops will be based in their home nations but dedicated to specific countries in the east, where the alliance plans to build up stocks of equipment and ammunition.
At what Stoltenberg called a “transformative” summit, the leaders published NATO’s new Strategic Concept, its once-a-decade set of priorities and goals.
Relentless Russian artillery barrages have battered Ukraine’s powerful coal industry and endangered miners working underground. “No one wants to risk getting trapped down there,” said one.
The last such document, in 2010, called Russia a “strategic partner.” Now, NATO is accusing Russia of using “coercion, subversion, aggression and annexation” to extend its reach.
The 2010 document made no mention of China, but the new one addressed Beijing’s growing economic and military reach.
“China is not our adversary, but we must be clear-eyed about the serious challenges it represents,” Stoltenberg said Wednesday.
NATO said that China “strives to subvert the rules-based international order, including in the space, cyber and maritime domains” and warned of its close ties with Moscow.
Turkey is one of the oldest members of NATO and also one of its most problematic
The alliance said, however, that it remained “open to constructive engagement” with Beijing.
China shot back that NATO was a source of instability and vowed to defend its interests.
“Since NATO positions China as a ‘systemic challenge,’ we have to pay close attention and respond in a coordinated way. When it comes to acts that undermine China’s interests, we will make firm and strong responses,” its statement said.
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- Replaced existing pallets at its Jakarta distribution center with Zero-Carbon Pallets boasting a longer product lifespan and higher durability than existing pallets.
- Eco-friendly pallets are made with plastic waste produced during the manufacturing of airtight containers and show no issues in strength and performance when introduced at South Korea's logistics sites.
- Carbon emissions are reduced by 67.3 kg per pallet, a total of 26,880 for 400 pallets which is the equivalent of planting 8,960 trees.
SEOUL, South Korea and JAKARTA, Indonesia, June 30, 2022 /PRNewswire/ -- CJ Logistics announced on 30 June that the company has expanded its global environmental, social and governance (ESG) management with the introduction of 400 Zero-Carbon Pallets made with recycled plastic waste at its distribution center in Jakarta, Indonesia. The adoption of these eco-friendly pallets has resulted in a decrease in carbon emissions while increasing local logistics efficiency since their composition makes the pallets more durable than the standard wooden pallets typically used in Indonesia.
A pallet refers to a flat, horizontal platform used to store, transport and load goods at logistics sites. In general most logistics center in Indonesia use wooden pallets. However wooden pallets are often used for a short period of time due to high temperatures and humidity. The tropical climate causes the pallets to quickly decompose and can also attract pests. To address this issue, CJ Logistics plans to increase operation efficiency in its Jakarta distribution center by introducing a highly durable plastic pallet made with recycled plastic materials that is resistant to decomposition and pests. CJ Logistics collaborated with KOTRA to safely deliver Zero-Carbon Pallets to Indonesia.
CJ Logistics created the Zero-Carbon Pallets by combining plastic scraps obtained from CJ Logistics client LocknLock, a global household products company, with a new, green technology from pallet manufacturer Sangjin ARP. LocknLock generously provided CJ Logistics with 12 tons of leftover plastic produced while manufacturing household products, such as airtight containers, at no cost. The company then utilized these plastic as raw materials and produced 400 eco-friendly pallets, demonstrating a win-win partnership between CJ Logistics, LocknLock and Sangjin ARP.
Each Zero-Carbon Pallets can reduce 67.3 kg of carbon emissions, meaning the total amount of greenhouse gasses reduced during the manufacturing of 400 pallets is about 26,880 kg. This number is equivalent to the annual amount of carbon dioxide absorbed by 8,960 pine trees.
Zero-Carbon Pallets can also bring additional carbon reduction effects throughout the product's lifespan. Typically, damaged pallets are completely discarded resulting in waste. However, with Sangjin ARP's modular pallet technology (international patent pending), a damaged pallet can be restored and its broken part recycled. This technology is expected to further lessen costs and carbon emissions.
Although the pallet is made with recycled plastic waste, CJ Logistics has confirmed that the performance and strength of Zero-Carbon Pallets match those of standard pallets and can handle loads of up to one metric ton. These results are based on data gathered throughout the first year of the pallet's introduction at CJ Logistics' South Korean logistics center. Moreover, since the manufacturing cost of Zero-Carbon Pallets is similar to that of the new standard plastic pallets, CJ Logistics plans to continue to secure a supply of high-quality plastic waste in order to expand the implementation of this pallet at its global sites.
"By introducing the Zero-Carbon Pallets, we were able to simultaneously reduce carbon emissions and increase operational efficiency at our logistics site in Indonesia." stated Jin Mok Kim, a president director of CJ Logistics Indonesia. He added
"We are planning to expand the introduction of these eco-friendly pallets at our global sites and further practice a green logistics business model."
To learn more about CJ Logistics, please visit: https://www.cjlogistics.com/en/main
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SAN DIEGO, June 30, 2022 /PRNewswire/ -- Phanes Therapeutics, Inc. (Phanes), an emerging leader in innovative discovery research and clinical development in oncology, announced today that the U.S. Food and Drug Administration (FDA) has granted orphan drug designation to PT886 for the treatment of pancreatic cancer. Earlier this month, the FDA granted orphan drug designation to the company's PT217 for the treatment of small cell lung cancer.
PT886 is a first-in-class bispecific antibody targeting claudin 18.2 (CLDN18.2) and cluster of differentiation 47 (CD47) being developed for patients with pancreatic cancer as well as gastric and gastroesophageal cancers. Pancreatic cancer is an aggressive form of cancer characterized by high mortality rates and significant morbidities. The 5-year survival rate of patients with pancreatic cancer is only 10.8% and projections for 2022 estimate that approximately 50,000 Americans will die of pancreatic cancer this year and by 2030 is projected to exceed breast, prostate, and colorectal malignancies as the leading cause of cancer-related deaths in the US.
"PT886 has the potential to be a transformative treatment option for pancreatic cancer patients whose current standard of care is severely limited." said Dr. Ming Wang, Founder and CEO of Phanes Therapeutics. "This orphan drug designation comes in the same month with our recent IND clearance for PT886, which we are rapidly progressing into the clinic. These important milestones the company has achieved in Q2 this year follow the March IND clearance for PT199, an anti-CD73 monoclonal antibody for the treatment of multiple solid tumors."
The FDA's Office of Orphan Products Development grants orphan designation status to drugs and biologics that are intended to treat, diagnose, or prevent rare diseases that affect fewer than 200,000 people in the United States. Orphan drug designation provides certain benefits, including financial incentives to support clinical development and the potential for up to seven years of market exclusivity in the U.S. upon regulatory approval.
Phanes Therapeutics, Inc. is a biotech company focused on innovative drug discovery in oncology. Based in San Diego, California, the company's management team members previously held senior managerial and R&D positions in leading global pharmaceutical and biotech companies with extensive experience in R&D and commercialization. The company's bispecific antibody platform is PACbody™, a proprietary approach for constructing native IgG-like bispecific antibodies, SPECpair™, which allows mAb-like manufacturability of bispecific antibodies with native IgG-like structures, and ATACCbody™, a proprietary technology for targeting solid tumors using immuno-oncology molecules with modulated activities and thus minimal risk of cytokine release syndrome.
For more information, please visit www.phanesthera.com.
For business development or media inquiries please contact bd@phanestx.com or media@phanestx.com, respectively.
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Former J&J, Anthem Executive Kate Merton, Ph.D., welcomed as executive director of first-of-its-kind, health equity-focused global innovation collaborative
CHICAGO, June 30, 2022 /PRNewswire/ -- The Chicago ARC, a new venture collaborative focused on accelerating health equity solutions, has signed Memorandums of Understanding (MOUs) with the University of Chicago Medicine and Sinai Chicago — as the organization's first Founding Healthcare Partners. The Chicago ARC also officially welcomed Kate Merton, Ph.D., as its executive director.
The Chicago ARC was founded on the belief that where you live, work, and play should be positive drivers of your health and how you receive healthcare. Chicago ARC Healthcare Partners will play a crucial role in directing and piloting new technologies to transform healthcare and improve health equity in Chicago and beyond.
Areas of focus and impact for the Chicago ARC include maternal and child health, chronic disease management, rural healthcare, aging in place, behavioral and mental health, and cancer diagnosis.
"We're creating an innovation community in Chicago centered on the healthcare providers and communities they serve," said Merton, who previously launched the digital health incubator for Anthem and ran the East coast region of JLABS, J&J Innovations' science incubator and accelerator lab. "With unprecedented access to and involvement from Healthcare Partners, startups will be able to direct their efforts for the greatest impact and benefit from Partner expertise and clinical networks to test, model and scale new solutions."
Chicago ARC builds upon the proven ARC model (Accelerate, Redesign, Collaborate) of Sheba Medical Center — a Newsweek Top-10 global hospital — which brings together startups with experienced operators and an extensive healthcare partner network.
The Chicago ARC is being developed as the centerpiece of the $3.8 billion health-focused of Bronzeville Lakefront development.
"Health systems in Chicago and the Midwest create Sheba's North American epicenter for bringing global innovation and U.S. healthcare communities together – and the Chicago ARC is bringing that community together in new ways to invite more global investment and innovation," said Dr. Eyal Zimlichman, chief digital transformation officer and chief innovation officer for Sheba Medical Center. "Now, by combining expertise and market opportunity, Chicago ARC and its Healthcare Partners will catalyze new solutions for some of our biggest healthcare challenges. Sheba Medical Center will share our experience to impact equitable healthcare and benefit from learning together with Chicago-area health systems and the community."
Areas of Focus for Healthcare Partners
Healthcare Partners will pilot technologies that meet the needs of healthcare professionals and the communities they serve, create a community of learning to connect local and global best practices, and promote collaboration and joint projects. In addition, organizations have prioritized areas for increased focus or additional collaboration.
Kenneth S. Polonsky, MD, Executive Vice President for Medical Affairs and Dean of the Biological Sciences Division at the University of Chicago: "The South Side of Chicago has experienced shrinking health care resources for many years. Partnering with the Chicago ARC creates the dual benefit of identifying and integrating global technologies that meet the needs of our patients and healthcare professionals while enabling the University of Chicago to bring its research and innovation expertise to a local and global community seeking to address health inequities. As a partner, we plan to help enhance and utilize UChicago as a community engagement and collaboration epicenter to understand -- and address effectively -- the South Side community priorities and needs."
Dr. Ngozi Ezike, president and CEO, Sinai Chicago: "As the largest private safety-net health system in Illinois, the communities Sinai Chicago serves face some of the city's most severe systemic barriers and suffer the greatest health inequities. Sinai has a successful track record of working in collaboration with the communities we serve across the South and West Sides of Chicago. Working with the Chicago ARC will support Sinai in scaling our existing programs and resources to further serve our patients equitably and effectively."
The Chicago ARC also presents significant opportunities for international collaboration, in a model that can be replicated in other U.S. markets. "The work Chicago ARC is undertaking with partners in Israel is an example of how Israel and the United States can share expertise to have a significant impact on the realization of equitable healthcare through innovation and community collaboration," said Yinam Cohen, Consul General of Israel to the Midwest. "The top research institutions, health systems partners, and providers of Chicago and the Midwest – like those the Chicago ARC is bringing together – present an excellent opportunity for Israeli startups looking to establish and expand their presence in the U.S."
About Chicago ARC
The Chicago ARC is on a mission to accelerate tomorrow's healthcare solutions to those in need today. Its venture collaborative provides a trusted U.S. partner for startups, accelerating market entry and growth through matched commercial opportunities, investment, and end-to-end support. The Chicago ARC will be the centerpiece of a $3.8 billion health-focused Bronzeville Lakefront along the scenic shore of Lake Michigan next to downtown Chicago and the largest convention center in the Western Hemisphere. Chicago is the top U.S. city for foreign direct investment, corporate relocations, life science VC funding growth, and female founders. The region is home to over 1,600 life science companies, three tier-1 research institutions, and over 28,000 physicians. For more information, visit https://www.chicagoarc.health/.
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TSX: MFI
www.mapleleaffoods.com
MISSISSAUGA, ON, June 30, 2022 /PRNewswire/ - Maple Leaf Foods Inc. ("Maple Leaf" or the "Company") (TSX: MFI) announced today that it has completed an extension of its existing $2 billion sustainability-linked credit facility with its existing banking syndicate. The credit facility consists of a CDN$1.3 billion unsecured committed revolving line of credit maturing on June 29, 2027 and two unsecured committed term facilities in the amounts of US$265.0 million and CDN$350.0 million, maturing on June 29, 2027 and June 29, 2026, respectively.
"Three years ago, we launched the first sustainability-linked loan in Canada," said Geert Verellen, Chief Financial Officer. "By extending the facility, not only are we continuing to integrate Maple Leaf's sustainability commitments into all aspects of our business, we are also solidifying our access to capital as we complete near term projects like our state-of-the-art poultry facility in London, Ontario, and position ourselves to capitalize on future growth opportunities."
The sustainability-linked metrics incorporated into the credit facility are made up of annual environmental targets directly influenced by Maple Leaf's actions. These targets include greenhouse gas emissions, electricity usage, water usage, and solid waste generated. Maple Leaf may incur positive or negative pricing adjustments on drawn credit spreads and standby fees based on its performance versus the targets that have been set.
The facility bears interest based on short-term interest rates and is intended to meet the Company's remaining funding for the completion of its state-of-the-art poultry facility in London, Ontario, in addition to providing appropriate liquidity levels for the Company and general corporate purposes.
The lending syndicate for the new facility comprised of nine financial institutions with BMO Capital Markets acting as Sole Book Runner and Sustainability Structuring Agent, and BMO Capital Markets, RBC, Scotiabank, CIBC, and Rabobank Canada as Co-Lead Arrangers. Four additional lenders participated.
This document contains "forward-looking information" within the meaning of applicable securities law. These statements are based on current expectations, estimates, forecasts, and projections about the industries in which the Company operates, as well as beliefs and assumptions made by Management of the Company. Such statements include, but are not limited to, statements with respect to objectives and goals, in addition to statements with respect to beliefs, plans, objectives, expectations, anticipations, estimates, and intentions. Specific forward-looking information in this document includes, but is not limited to, statements with respect to: construction of new manufacturing facilities, source of funds for ongoing business requirements; capital investments and expectations regarding capital expenditures. Words such as "expect", "anticipate", "intend", "may", "will", "plan", "believe", "seek", "estimate", and variations of such words and similar expressions are intended to identify such forward-looking information. These statements are not guarantees of future performance and involve assumptions, risks, and uncertainties that are difficult to predict, including among other things: the impact of the Company's debt service and compliance with debt covenants and other. Additional factors that could cause actual results or outcomes to differ materially from the results expressed, implied or forecasted by the forward-looking statements are discussed more fully in the Company's filings made with the Canadian securities regulators including in the section entitled "Risk Factors" in the Company's Management's Discussion and Analysis for the year ended December 31, 2021. All of such filings are available on SEDAR at www.sedar.com.
The Company does not intend to, and the Company disclaims any obligation to, update any forward- looking statements (including any financial outlooks), whether written or oral, or whether as a result of new information, future events or otherwise, except as required by law.
Maple Leaf Foods is a carbon neutral company with a vision to be the most sustainable protein company on earth, responsibly producing food products under leading brands including Maple Leaf®, Maple Leaf Prime®, Maple Leaf Natural Selections®, Schneiders®, Schneiders® Country Naturals®, Mina®, Greenfield Natural Meat Co.®, Lightlife® and Field Roast™. The Company employs approximately 13,500 people and does business primarily in Canada, the U.S. and Asia. The Company is headquartered in Mississauga, Ontario and its shares trade on the Toronto Stock Exchange (MFI).
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WASHINGTON, June 30, 2022 /PRNewswire/ -- Today, the American Trucking Associations and America's Road Team Captains are advising travelers to take extra driving precautions through the busy Independence Day holiday weekend.
AAA predicts 47.9 million people will travel 50 miles or more from home over this weekend, a 3.7% increase from the previous year and bringing travel volumes back to pre-pandemic levels. Car travel remains the most popular form of transportation despite the historically high gas prices, so with the increased traffic, it is more important than ever to travel with care and caution this July 4 weekend.
"Given the exceptional amount of people traveling on the highway to see friends and family this holiday weekend, it is key to practice and promote safe driving." said America's Road Team Captain Richard Frazer, a professional truck driver for Yellow. "We all deserve to relax and celebrate this holiday, and by applying these safety tips, the general motoring public can deliver a safe holiday for themselves and their neighbors on the road."
As millions of Americans gather to celebrate our great nation's independence, professional truck drivers are hard at work delivering holiday essentials. Safety on the highways is the main goal for America's Road Team Captains, which is why the elite group of professional truck drivers is reminding motorists to remain focused while driving and to stay alert to the high number of travelers on the road. By employing these safety efforts, professional truck drivers can make those hot dogs, ice cream and sparkler deliveries on time.
"Following simple tips such as buckling your safety belt, reducing your speed, and preparing your vehicle for long distance travel can all factor into safer driving on the highways," said America's Road Team Captain Gina Jones, of Werner Enterprises. "We want people across America to have a relaxing and enjoyable time with family and friends this holiday weekend, and by using our tips you can significantly increase highway safety."
America's Road Team Captains offer these safety tips to remind motorists about key elements of safe driving, especially relating to operating small passenger vehicles near large tractor-trailers.
- Buckle Up: Independence Day is a time of high congestion on the highways and wearing your safety belt saves lives. Remember to always buckle up.
- Slow Down: The chances of a crash triple when driving faster than surrounding traffic. Spring and summer are periods when work zones are busiest in this country. It is important to reduce speeds when traveling through those areas over the holiday.
- Do not drive impaired: We have a lot of freedoms to celebrate during Independence Day, but impaired driving is not one of those freedoms and jeopardizes the freedoms of others. Consider the safety of yourself and others by planning for your holiday. It is always better to play it safe.
- Be aware of truck blind spots: When sharing the road with large trucks, be aware of where their blind spots are. If you cannot see the truck driver in his or her mirrors, then the truck driver cannot see you.
- Keep your eyes on the road: Distracted driving is a major cause of traffic accidents. Even just two seconds of distraction time doubles the chances of an accident. Use your cell phone only when stopped and never text while driving.
- Do not cut in front of large trucks: Remember trucks are heavier and a fully loaded truck traveling at highway speeds needs about the length of two football fields to come to a complete stop, so avoid cutting quickly in front of them.
- Prepare your vehicle for long distance travel: Check your wipers, fluids, and tire pressure. Have your radiator and cooling system serviced. Simple maintenance before you leave your home can prevent many of the problems that strand motorists on the side of the road.
- Leave early and avoid risks: Leave early so you will not be anxious about arriving late. Many major cities can expect delays and road conditions may change due to inclement weather or traffic congestion.
- Be aware of the vehicle in front of you: Leave extra room between you and the vehicle ahead in case of sudden stops.
- Be safe in and around neighborhoods: Watch for children in neighborhoods who could be playing on or near residential streets. We want everyone to be able to safely enjoy the fireworks.
America's Road Team, sponsored by Volvo Trucks, is a national public outreach program led by a small group of professional truck drivers who share superior driving skills, remarkable safety records and a strong desire to spread the word about safety on the highway. Follow America's Road Team on Twitter or Facebook.
American Trucking Associations is the largest national trade association for the trucking industry. Through a federation of 50 affiliated state trucking associations and industry-related conferences and councils, ATA is the voice of the industry America depends on most to move our nation's freight. Follow ATA on Twitter or Facebook. Trucking Moves America Forward
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SOURCE American Trucking Associations | https://www.wlbt.com/prnewswire/2022/06/30/sparklers-safe-driving-americas-road-team-safe-driving-independence-day-holiday/ | 2022-06-30T12:44:13Z | https://www.wlbt.com/prnewswire/2022/06/30/sparklers-safe-driving-americas-road-team-safe-driving-independence-day-holiday/ | false |
MEXICO CITY, June 30, 2022 /PRNewswire/ -- Grupo Aeroméxico, S.A.B. de C.V. (together with Aerovías de México, S.A. de C.V., "Aeroméxico" or the "Company") (BMV: AEROMEX) is pleased to confirm the execution of the definitive transaction agreement (the "Definitive Agreement") in connection with obtaining total control over the Club Premier ("PLM") loyalty program, as previously announced (the "PLM transaction"). Pursuant to the Definitive Agreement, PLM will become a wholly-owned subsidiary of Aeroméxico. The Definitive Agreement is consistent with the letter of intent previously announced by Aeroméxico on February 8, 2022.
The Mexican antitrust authorities "COFECE" approved the PLM Transaction on June 16, 2022. The PLM Transaction is expected to close on or about July 18, 2022, upon satisfaction of the remaining closing conditions, including finalization of the closing documentation set forth in the Definitive Agreement.
This press release contains certain forward-looking statements that reflect the current views and/or expectations of the Company and its management with respect to its performance, business and future events. We use words such as "believe," "anticipate," "plan," "expect,", "intend," "target," "estimate," "project," "predict," "forecast," "guideline," "should" and other similar expressions to identify forward-looking statements, but they are not the only way we identify such statements. Such statements are subject to a number of risks, uncertainties and assumptions. We caution you that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in this release. The Company is under no obligation and expressly disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
About Aeroméxico: Grupo Aeroméxico, S.A.B. de C.V. is a holding company whose subsidiaries are engaged in commercial aviation in Mexico and the promotion of passenger loyalty programs. Aeroméxico, Mexico's global airline, has its main operations center in Terminal 2 of the Mexico City International Airport. Its destination network has reach in Mexico, the United States, Canada, Central America, South America, Asia and Europe. The Group's current operating fleet includes Boeing 787 and 737 aircraft, as well as the latest generation Embraer 190. Aeroméxico is a founding partner of SkyTeam, an alliance that celebrates 20 years and offers connectivity in more than 170 countries, through the 19 partner airlines. Aeroméxico created and implemented a Health and Hygiene Management System (SGSH) to protect its clients and collaborators at all stages of its operation.
www.aeromexico.com www.skyteam.com
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SOURCE Grupo Aeromexico S.A.B. de C.V. | https://www.dakotanewsnow.com/prnewswire/2022/06/30/aeromxico-announces-execution-definitive-transaction-agreement-antitrust-regulatory-approval-plm-transaction/ | 2022-06-30T12:44:20Z | https://www.dakotanewsnow.com/prnewswire/2022/06/30/aeromxico-announces-execution-definitive-transaction-agreement-antitrust-regulatory-approval-plm-transaction/ | false |
TORONTO, June 30, 2022 /PRNewswire/ - Magna Gold Corp. (TSXV: MGR) (OTCQB: MGLQF) ("Magna" or the "Company") is pleased to announce the results from its annual meeting of shareholders held on June 23, 2022.
Detailed results of the meeting are set out below:
The nominees listed in the management proxy circular dated May 23, 2022 were elected as directors of Magna at the meeting as follows:
Additionally, the following resolutions were passed:
- Appointment and Remuneration of Auditor Baker Tilly WM LLP; and
- Approval of the Stock Option Plan.
Arturo Bonillas, President and CEO of Magna provided the following corporate update to the shareholders in attendance:
"I would like to take this opportunity, on behalf of myself and our board of directors to thank all of our shareholders, those that have taken the time to attend and those that could not make it today. It is thanks to your unwavering support that we were able to achieve so much in such a short period of time. Additionally, its important to mention all of our contractors, suppliers and community partners. Thanks to all of your hard work and dedication we were able to get to where we are today.
2021 was an eventful and transformative year for Magna. When we started this company we were an exploration company with producer ambitions. In this past year we managed to achieve that goal. We completed the acquisition of our flagship San Francisco mine and managed to bring it back into steady state commercial production on schedule. As I am speaking to you today it is with great pride that I say we have maintained steady rates of operations for four quarters and we continue to see improvements each and every day. It is our objective to bring the San Francisco mine back to its most productive days and beyond as we venture forward.
Delivering on our promises and building value has always been our focus and to date I feel our team has done that. We set a goal to be in commercial production by Q3 2021 and we achieved that. We set a goal to deliver a maiden resource on our Margarita silver project by the end of Q1 2022 and that too was achieved. Our stated objective is to create Mexico's next mid-tier producer in the next couple years. We are well on our way and I am confident the team will deliver.
The last year presented many global challenges due to the COVID 19 pandemic and thanks to our commitment to sector leading protocols, the mine managed to stay operational without any COVID 19 related work stoppages or disruptions; the same is true for our corporate offices.
Changing tones for a moment I would be remiss to not mention the accident we had earlier this year. Up until the incident, the San Francisco mine had an unblemished safety record with over five million man hours without health and safety related stoppages. We unfortunately lost three incredibly valuable team members, whose contributions to our success did not go unnoticed. More so than colleagues we at Magna are family first and we are deeply saddened by the loss. As we move forward, they will never be forgotten and we have implemented additional training to ensure an accident like this never happens again.
Before I close off there was a final element I would like to briefly touch on: our stock performance. I understand our current share price does not adequately or at all reflect our achievements and given the nature of current market conditions the sector has fallen out of favour. That being said it is only for so long that our accomplishments can go unrewarded. We are a gold producer, that producer status is what many strive to achieve and we have done that. We look to generate significant cash flow in the near future and continue to grow both organically and through M&A. I am excited about the future of Magna and I am confident our value will be reflected in our share price."
Magna is a Mexico focused gold/silver production company engaged in acquiring, exploring, developing and operating quality precious metals properties in Mexico. It is committed to advancing its 100% owned flagship San Francisco Mine, the Margarita Project and other highly prospective mineral properties located in Sonora and in Chihuahua. The primary strength of the Company is the team of highly experienced mining professionals with a proven track record of developing properties in Mexico from discovery to production. Magna employs community members and services in its operations.
ON BEHALF OF THE BOARD OF DIRECTORS
Arturo Bonillas
President and CEO
For further information, please visit the Company's SEDAR profile at www.sedar.com or the Company's corporate website at www.magnagoldcorp.com or contact us at telephone +52 (662) 310 0326, email info@magnagoldcorp.com.
This news release includes certain "forward-looking statements" which are not comprised of historical facts. Forward-looking statements include estimates and statements that describe the Company's future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as "believes", "anticipates", "expects", "estimates", "may", "could", "would", "will" or "plans". Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to the Company, the Company provides no assurance that actual results will meet management's expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release includes, but is not limited to, the Company's objectives, goals or future plans, exploration and mine development plans, production and operations rates and objectives (including gold production expectations and guidance), processing and mining expectations (including statements regarding expansion and advancement of assets) and stock performance expectations. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, political risks, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital, operating and reclamation costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, risks related to the effects of COVID-19 on the Company, and those risks set out in the Company's public documents filed on SEDAR. Although the Company believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. The Company disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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- Real-world data shows that at a 94% sensitivity level for prostate cancer ClarityDX Prostate® is 147% more specific than the PSA test for predicting clinically significant prostate cancer.
- Using ClarityDX Prostate® as a reflex test vs. PSA test alone could have resulted in 37% fewer unnecessary biopsies.
- The clinical study recruited men from two sites in Alberta, Canada, and one site in Baltimore, USA.
EDMONTON, AB, June 30, 2022 /PRNewswire/ - Nanostics Inc., a precision health diagnostics company, today announces positive data from a pre-biopsy clinical validation study of its ClarityDX Prostate® test designed to improve the accuracy of detecting clinically significant prostate cancer in men that are at risk of the disease.
The ClarityDX Prostate® test uses a proprietary machine-learning algorithm that combines data from two biological biomarkers and three clinical biomarkers to generate a risk score for clinically significant prostate cancer. The ClarityDX Prostate® test is intended to be used as a reflex test for men with elevated levels of PSA, the current prostate cancer screening test, and is designed to help physicians and patients make a more informed decision to proceed with biopsy or not.
"We are extremely excited to announce positive results from the clinical validation study of the ClarityDX Prostate test in Alberta", John Lewis, CEO of Nanostics said, "Implementing ClarityDX Prostate as a reflex test for men with elevated PSA levels will improve decision-making for men and their families, while providing substantial savings for healthcare systems and resulting in better health outcomes for men with prostate cancer."
A total of 1,437 men between 40-75 years of age, with elevated PSA levels, no prior prostate cancer diagnosis, and who were referred for prostate biopsy, were recruited for this clinical study. Algorithmic risk models to predict prostate cancer or clinically significant (grade group ≥2) prostate cancer were generated using data from 1036 men recruited at the Kipnes Urology Center in Edmonton, AB, and a site in Baltimore, USA. These models were then tested in a validation cohort of 401 men recruited at the Prostate Cancer Center in Calgary, AB.
The ClarityDX Prostate® test provided 94% sensitivity, 37% specificity, 49% positive predictive value, and 90% negative predictive value for predicting clinically significant (grade group ≥2) prostate cancer. The potential impact of the ClarityDX Prostate® test is considerable; implementation could eliminate up to 37% of unnecessary biopsies and significantly reduce the number of unnecessary treatments for prostate cancer. The results from the study are being submitted for peer-reviewed publication. Beyond the immediate cost savings to the healthcare system, the launch of the ClarityDX Prostate® test will positively impact the overall healthcare experience and quality of life for men with prostate cancer.
The study was conducted in partnership with DynaLIFE Medical Labs and the Alberta Prostate Cancer Research Initiative (APCaRI) at the University of Alberta. Funding for the clinical study comes in part from The Bird Dogs, Motorcycle Ride for Dad, Alberta Cancer Foundation, Alberta Innovates, the University Hospital Foundation Kaye Fund, and the Frank and Carla Sojonky Chair in Prostate Cancer Research funded by the Alberta Cancer Foundation, held by Dr. John Lewis from 2012 to 2022.
Nanostics is a private Alberta-based company focused on the development and commercialization of novel and non-invasive diagnostic tests. Its core technology, ClarityDX®, uses advanced machine learning algorithms to create a disease risk score. ClarityDX® is applicable to a wide range of cancers and other diseases. Nanostics' lead product, ClarityDX Prostate®, is a test that improves the accuracy of detecting clinically significant prostate cancer. Read more at: www.nanosticsdx.com.
For more information:
Corporate Contact:
John Lewis, Ph.D.
CEO, Nanostics, Inc.
info@nanosticsdx.com
Media Contact:
Perrin Beatty
+1-800-672-2027
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SOURCE Nanostics | https://www.kfyrtv.com/prnewswire/2022/06/30/nanostics-announces-study-data-supporting-claritydx-prostate-reflex-test-predict-clinically-significant-prostate-cancer/ | 2022-06-30T12:44:45Z | https://www.kfyrtv.com/prnewswire/2022/06/30/nanostics-announces-study-data-supporting-claritydx-prostate-reflex-test-predict-clinically-significant-prostate-cancer/ | true |
SAN FRANCISCO, June 30, 2022 /PRNewswire/ - mCloud Technologies Corp. (Nasdaq: MCLD) (TSXV: MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions today provided a further update on the planned repayment of its outstanding unsecured convertible debentures due on June 30, 2022 (the "Debentures").
On June 27, 2022, mCloud provided an update indicating it had filed an F-1 registration statement with the SEC on May 11 in connection with a previously announced preferred share offering. Since then, the Company has received and responded to additional brief comments from the SEC and updated its F-1 accordingly. The Company today also communicated the proposed timing of completion of the preferred share offering. mCloud plans to repay in full the outstanding principal and interest on the Debentures upon completion of the offering, which management expects to occur on or about July 14, 2022.
To receive payment, holders of Debentures must surrender the certificates evidencing their Debentures to TSX Trust Company, the Debenture agent, at the following address: TSX Trust Company, 1 Toronto Street, Suite 1200, Toronto, Ontario, M5C 2V6, Attention: Corporate Actions.
mCloud is unlocking the untapped potential of energy intensive assets with AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Through mCloud's AI-powered AssetCare™ platform, mCloud offers complete asset management solutions for commercial buildings, renewable energy, healthcare, heavy industry, and connected workers. IoT sensors bring data from connected assets into the cloud, where AI and analytics are applied to maximize their performance.
With a worldwide presence and offices in San Francisco, Houston, Vancouver, Calgary, London, Perth, Singapore, and Beijing, the mCloud family includes an ecosystem of operating subsidiaries that deliver high-performance IoT, AI, 3D, and mobile capabilities to customers, all integrated into AssetCare. With over 100 blue-chip customers and more than 64,000 assets connected in thousands of locations worldwide, mCloud is changing the way energy assets are managed.
mCloud's common shares trade in the United States on the Nasdaq and in Canada on the TSX Venture Exchange under the symbol MCLD. mCloud's convertible debentures trade on the TSX Venture Exchange under the symbol MCLD.DB. For more information, visit www.mcloudcorp.com.
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information contained herein may include information related to the Company's planned completion of the preferred share offering and plans to repay the outstanding principal and interest of the Debentures.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.
A more complete discussion of the risks and uncertainties facing the Company appears in the prospectus supplement, the base shelf prospectus and the registration statement and in the Company's Annual Information Form and other continuous disclosure filings, which are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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Program will provide multifamily residents with the ability to improve credit scores and help prevent evictions with 0% interest rent relief loans
RICHMOND, Va., June 30, 2022 /PRNewswire/ -- Capital Square, one of the nation's leading sponsors of tax-advantaged real estate investments and an active developer of mixed-use multifamily communities, announced today that it has partnered with Esusu, a financial technology company advancing rent reporting and data solutions for credit building. As a result of the partnership, Capital Square will empower its residents to improve their credit scores through rent reporting and provide the opportunity to apply for 0% interest rent relief funds when families encounter financial hardship that impacts their ability to meet contractual rent obligations.
"This is a powerful expansion of Capital Square's rent reporting and relief program for thousands of multifamily residents and expansion of our commitment to ESG," said Louis Rogers, founder and chief executive officer of Capital Square. "It is a win-win that benefits residents while improving the stability and occupancy of multifamily communities."
Capital Square currently manages a multifamily portfolio totaling approximately 12,000 units across 47 properties in nine states. The multifamily portfolio has averaged 96% occupancy and 99% rent collection during 2022, as of May 30, 2022. Capital Square also is an active developer of multifamily communities throughout the Southeast, with eight communities totaling 1,520 apartment units currently under development.
"Adoption of the Esusu platform clearly underscores Capital Square's partnership with thousands of residents," said Whitson Huffman, chief strategy and investment officer. "It will strengthen residents' ability to improve their financial health and long-term wealth accumulation, while strengthening the financial underpinnings of Capital Square's multifamily portfolio."
In the midst of a nationwide housing shortage and an economy suffering from high inflation, nearly 45 million Americans find themselves credit invisible or credit thin, leaving them with few options available to access attractive financing to improve their quality of life. Capital Square is enabling Esusu's rent reporting platform at no cost to its multifamily residents. Residents will have their rent payment history reported to the three major credit reporting companies, Experian, Equifax and Transunion. Esusu's service only reports on-time rent payments, helping residents establish and improve their credit scores and long-term ability to generate wealth. For renters who encounter temporary financial challenges, the platform provides the opportunity to apply for 0% interest rent relief loans that help residents meet their rent obligations and avoid eviction.
Capital Square is a national real estate firm specializing in tax-advantaged real estate investments, including Delaware statutory trusts for Section 1031 exchanges, qualified opportunity zone funds for tax deferral and exclusion and a real estate investment trust (REIT). In recent years the company has become an active developer of mixed-use multifamily properties in the southeastern US, with eight current projects totaling approximately 2,000 apartment units with a total development cost in excess of $600 million. Since 2012, Capital Square has completed more than $5.9 billion in transaction volume. Capital Square's related entities provide a range of services, including due diligence, acquisition, loan sourcing, property/asset management, and disposition, for a growing number of high-net-worth investors, private equity firms, family offices and institutional investors. Since 2017, Capital Square has been recognized by Inc. 5000 as one of the fastest growing companies in the nation for four consecutive years. In 2017, 2018 and 2020, the company was also ranked on Richmond BizSense's list of fastest growing companies. Additionally, Capital Square was listed by Virginia Business on their "Best Places to Work in Virginia" report in 2019 and their "Fantastic 50" reports in 2019 and 2020. To learn more, visit www.CapitalSq.com.
Esusu is the leading financial technology platform that leverages data solutions to empower residents and improve property performance. Esusu's rent reporting platform captures rental payment data and reports it to credit bureaus to boost credit scores. This allows renters to build and establish their credit scores while helping property owners mitigate against initiating evictions, powered by differentiated data and insights. Founded in 2018, Esusu reaches over 2.5 million rental units across all 50 states in the United States. Learn more at www.esusurent.com and follow us on Facebook @myesusu and on Twitter @getesusu.
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Indian telcos' 5G bids seen muted as private firms jostle for airwaves
Top player Reliance Industries' Jio and rivals Bharti Airtel and Vodafone Idea have failed to lobby New Delhi to stop the allocation that will let various enterprises, including Amazon.com and Tata Consultancy Services, to get airwaves without auction.
India's telecom giants are likely to make muted bids at the 5G spectrum auction in July, on worries they stand to lose about 40% in potential revenues due to the allotment of some airwaves to enterprises for private networks, industry sources said.
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Top player Reliance Industries' Jio and rivals Bharti Airtel and Vodafone Idea have failed to lobby New Delhi to stop the allocation that will let various enterprises, including Amazon.com and Tata Consultancy Services, to get airwaves without auction.
"The telecom companies are quite upset, there will be an estimated 40% potential 5G revenue loss," said S.P. Kochhar, director general of Cellular Operators Association of India, which represents the three telcos.
They were counting on demand from the enterprise side to justify investments worth billions of dollars as uptake by price-conscious retail consumers will be slow, Kochhar added.
"That is a major disappointment."
The rise of private 5G networks dims the business case for the telcos, which are now likely to make muted bids in the auction, five other telecom industry executives told Reuters.
Reliance, Airtel and Vodafone did not respond to Reuters emails requesting comments.
The government, however, has said that permitting private networks, like in South Korea and Germany, would spur innovation of automation and other technologies in places like factories or ports, without worrying about bandwidth or latency issues.
Broadband India Forum (BIF), which represents tech firms like Tata Consultancy and Amazon.com, has said private 5G networks will accelerate digital transformation.
'RISK OF DILUTION'
The launch of 5G services in the world's No.2 mobile market after China is a "watershed moment" for the country and the global 5G market, research group Omdia said this month.
About 50% of India's enterprises want to start using 5G within 12 months and private network suppliers are in demand, Omdia said in its report.
Analysts at India's IIFL Securities flagged a "risk of dilution to telcos' 5G-linked upside from enterprises".
Telecom companies have already complained of "too high" base 5G spectrum prices, seen as among the highest in the world.
And now with private networks expected to chip away at demand, telecom giants are likely to only bid for four of the 10 bands on offer for an estimated $9 billion, IIFL said.
Industry group GSMA says overall spectrum costs in India as a proportion of telcos' annual recurring revenue stood at 32%, the highest in the world.
The bleak outlook comes as Airtel and Vodafone reel from a price war triggered by Reliance in 2016.
Airtel and Vodafone have reported losses in recent years, squeezed also by spectrum dues to the government, though recent mobile data price hikes have slowly started helping at least the former to clock profits.
CAPTIVE NETWORK
The potential loss for telecom firms is a boon for companies planning to introduce private 5G network services. Globally, over two dozen countries have paved the way for such networks.
India has said there would be no entry or license fee for 10-year licences for private networks, which can be built by firms with a net worth of over 1 billion rupees ($13 million).
They will have to pay an application fee of 50,000 rupees ($634). It is not clear if there will be any other charges.
The spectrum will be assigned after "demand studies" and regulatory clearances.
The government aims to begin the rollout of 5G - which can provide much faster data speeds than 4G - by spring 2023.
A public telecom network optimises needs of the masses, but the varying demands of an enterprise "can be achieved only through dedicated captive private 5G networks", BIF has said.
"Private 5G networks provide India an excellent opportunity to catch up with the world," BIF said in a statement in June.
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SAN DIEGO, June 30, 2022 /PRNewswire/ -- Aristea Therapeutics (Aristea), a clinical-stage immunology focused drug development company advancing novel therapies to treat serious inflammatory diseases, today announced it has dosed its first subject in the open-label extension (OLE) for its Phase 2b trial of RIST4721 in palmoplantar pustulosis (PPP), a rare dermatological condition.
"This brings us another step forward in the development of a potential treatment for this burdensome disease," commented James M. Mackay, Ph.D., President and CEO of Aristea. "PPP has no approved therapies in the US or Europe and there is a significant unmet medical need for these patients. The OLE of our Phase 2b clinical trial will allow us to collect additional long-term safety and efficacy data that will help us further characterize the potential for RIST4721 in patients with PPP"
PPP is is characterized by the recurrent appearance of sterile pustules filled with neutrophils on the palms of the hands and soles of the feet. It poses dramatic challenges to quality of life and the performance of daily tasks for patients suffering from PPP.
The Phase 2b trial, RIST4721-202, is a randomized, double-blind, placebo-controlled, Phase 2b, 12-week, dose-ranging study of RIST4721, a CXCR2 antagonist, in subjects with moderate to severe palmoplantar pustulosis. A previously completed Phase 2a trial demonstrated that RIST4721 is well tolerated in subjects with moderate to severe PPP and may represent an effective treatment option for this condition.
The OLE portion of RIST4721-202 is open to all PPP patients that have successfully completed the 12 week double blind portion of RIST4721-202 Phase 2b study. All subjects entering the OLE portion of the study will receive RIST4721 400mg and treatment is planned for 72 weeks plus a 4 week follow-up.
About Aristea Therapeutics
Aristea Therapeutics (Air-iss-tay-uh) is a clinical-stage immunology focused drug development company developing novel therapies to treat serious inflammatory diseases. The Aristea team is leveraging its broad industry expertise and proven success in drug development to form synergistic partnerships and build a pipeline of novel drugs. Aristea's lead program, RIST4721, is currently in Phase 2b clinical development. Aristea is headquartered in San Diego, CA.
To learn more, please visit www.aristeatx.com and follow us on Twitter (@Aristeatx) and LinkedIn (Aristea Therapeutics).
For media inquiries contact:
David Schull or Ignacio Guerrero-Ros, Ph.D.
Russo Partners
858-717-2310
646-942-5604
david.schull@russopartnersllc.com
ignacio.guerrero-ros@russopartnersllc.com
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ENGLEWOOD, Colo., June 30, 2022 /PRNewswire/ -- Lightwave Logic, Inc. (NASDAQ: LWLG), a technology platform company leveraging its proprietary electro-optic (EO) polymers to transmit data at higher speeds with less power, today announced that CEO Dr. Michael Lebby was again invited to co-chair the Photonic Integrated Circuits (PIC) International Conference that took place June 28-29, 2022 in Brussels, Belgium.
The 6th PIC International conference built on the success of its predecessors, with industry-leading insiders delivering more than 30 presentations spanning four sectors. Attendees at the two-day conference gained an up-to-date overview of the status of the global photonics industry and had the opportunity to meet many other key players within the community. Over the two days, the conference sessions were not only popular, but they were also fully packed with standing room availability only.
At the conference, Dr. Lebby led an invited talk entitled, "Enabling lower power consumption optical networking using high speed, low power polymer modulators", focusing on the issue of reducing power consumption in datacenters and optical networks. He also contributed to a panel session, "Hybrid PICs technology challenges and solutions," on the need for hybrid integration addressing the volume production of 3D and 2.5 integrated electronic and photonic integrated circuits (PICs) based on the utilization of large silicon foundries. This included a discussion on the use of silicon photonics with hybrid technologies such as electro-optic polymers, polymer based plasmonics, silicon nitride and III-V laser sources.
"This presentation centered on power consumption, a huge topic of discussion at major optical communication conferences, and for the industry in general," said Dr. Lebby. "The latest performance of polymer modulators is extremely exciting with very low voltages and extremely small footprints. For datacenter operators, increasing power efficiency and decreasing power consumption is imperative to the bottom line of a facility. This factor was conveyed by a number of speakers over the two days of the PIC conference. The exciting news is that our technology platform of electro-optic polymer modulators is now poised to address power consumption with their inherent high speed and very low power properties."
For more information on the PIC International conference, please visit the event website at www.picinternational.net.
About Lightwave Logic, Inc.
Lightwave Logic, Inc. (NASDAQ: LWLG) is developing a platform leveraging its proprietary engineered electro-optic (EO) polymers to transmit data at higher speeds with less power. The company's high-activity and high-stability organic polymers allow Lightwave Logic to create next-generation photonic EO devices, which convert data from electrical signals into optical signals, for applications in data communications and telecommunications markets. For more information, please visit the Company's website at lightwavelogic.com.
Safe Harbor Statement
The information posted in this release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those projected or anticipated. These risks and uncertainties include, but are not limited to, lack of available funding; general economic and business conditions; competition from third parties; intellectual property rights of third parties; regulatory constraints; changes in technology and methods of marketing; delays in completing various engineering and manufacturing programs; changes in customer order patterns; changes in product mix; success in technological advances and delivering technological innovations; shortages in components; production delays due to performance quality issues with outsourced components; those events and factors described by us in Item 1.A "Risk Factors" in our most recent Form 10-K and Form 10-Q; other risks to which our company is subject; other factors beyond the company's control.
Investor Relations Contact:
Lucas A. Zimmerman
MZ Group - MZ North America
949-259-4987
LWLG@mzgroup.us
www.mzgroup.us
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Cluster of dryland farmers benefit from common borewells at Neikuppai village
A group of about 22 farmers organised as L. Neikuppai Manavaari Grama Vivasayigal Kuzhu (Neikuppai Dryland Village Farmers Group) would soon be able to take up cultivation on about 20 acres of dryland in the village, thanks to a couple of deep borewells sunk under the Kalaignarin All Village Integrated Agriculture Development Programme.
The programme has been implemented through a convergence of various government departments and schemes. On Thursday, the second borewell to provide the water source for cultivation was successfully sunk by the Department of Agricultural Engineering in a piece of common land assigned to the Agriculture Department by one of the farmers.
A common pump house, through which the lands of the farmers in the group would be irrigated, would be established and energised shortly. Micro irrigation systems are also planned to be erected, sources in the Agriculture Department said.
A farm pond has already been dug in the adjacent field to harvest rainwater and recharge the borewells. The farmers were also given subsidy for bush clearance work in the lands that had remained fallow for several years. The farmers are set to begin ploughing and would be provided seed subsidy too, an official of the department said. Farmers in the group are planning to raise red gram, gingelly, guava and acid lime, he added.
District Collector M. Pradeep Kumar inspected the sinking of borewells and the farm pond on Thursday.
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US STOCKS-Futures tumble on last day of a torrid first-half on growth fears
By Shreyashi Sanyal
June 30 (Reuters) - U.S. stock index futures slid on Thursday on the last day of a dismal first-half of the year on worries that central banks determined to tame inflation will hamper global economic growth.
Investors are also awaiting a reading on the Federal Reserve's preferred inflation measure due at 8.30 a.m. ET to see if the surge in prices have peaked.
A Commerce Department report is expected to show core personal consumption expenditure price index, excluding the volatile food and energy components, likely rose 0.4% in May, compared to a 0.3% rise in the previous month.
Markets have been torn between growth and inflation worries, with central bank chiefs across the world prioritizing on steps to lower a well-entrenched inflation at all costs.
Federal Reserve chair Jerome Powell has vowed to not let the U.S. economy slip into a "higher inflation regime", even if it means raising interest rates to levels that put growth at risk.
The S&P 500 index .SPX was on track to end the first half of the year with the biggest percentage drop since 1970, while the Nasdaq Composite .IXIC was set for its largest declines ever during the same period.
The Dow Jones Industrial Average .DJI was set for its biggest January-June percentage drop since the financial crisis, and all the three main indexes are bound to post their second consecutive quarterly declines, for the first time since 2015.
Fed policymakers in recent days have set expectations for their second consecutive 75 basis point interest rate hike in July even as economic data painted a dour picture of the American consumer.
Large-cap growth stocks including Microsoft Corp MSFT.O, Apple Inc AAPL.O, Amazon.com Inc AMZN.O and Tesla Inc TSLA.O fell between 1.7% and 2.4% in premarket trading, leading declines on the day.
At 6:08 a.m. ET, Dow e-minis 1YMcv1 were down 317 points, or 1.02%, S&P 500 e-minis EScv1 were down 49.75 points, or 1.3%, and Nasdaq 100 e-minis NQcv1 were down 195.25 points, or 1.67%.
(Reporting by Shreyashi Sanyal in Bengaluru; Editing by Arun Koyyur)
((Shreyashi.Sanyal@thomsonreuters.com; +1 646 223 8780; +91 961 144 3740; Twitter: https://twitter.com/s_shreyashi;))
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. | https://www.nasdaq.com/articles/us-stocks-futures-tumble-on-last-day-of-a-torrid-first-half-on-growth-fears | 2022-06-30T12:58:36Z | https://www.nasdaq.com/articles/us-stocks-futures-tumble-on-last-day-of-a-torrid-first-half-on-growth-fears | false |
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STAMFORD, Conn. , June 30, 2022 /PRNewswire/ -- VantageScore Solutions, today released the results of its annual model performance assessment. In keeping with its mission to promote transparency and aid in model governance, VantageScore publishes the results of these assessments annually so that lenders and policy makers have confidence that the credit scores used to make loan decisions are predictive, consistent and fair.
Highlights from the assessment include:
- VANTAGESCORE 4.0 OUTPERFORMS: VantageScore 4.0 outperforms prior versions of VantageScore models as well as other benchmark credit reporting company (CRC) scoring models within Originations and Account Management overall as well as across all major product categories, including Bankcard, Auto, Mortgage and Personal Installment Loans.
- TRENDED DATA DRIVES PERFORMANCE: VantageScore 4.0's use of trended attributes has brought significant predictive performance improvements within both the lower scoring and higher scoring credit originations segments.
- SCORE CONSISTENCY RETAINED: Aided by the proprietary VantageScore attribute leveling process, a high level of score consistency across the CRCs is maintained. VantageScore 4.0 continues to provide the most consistent scores of all the VantageScore models.
- UNBIASED RESULTS: VantageScore 4.0 continues to provide unbiased, consistent results across ethnic groups and across the credit spectrum.
"Inflation, increasing cost of borrowing, ending borrower accommodations and economic headwinds are top of mind for risk managers today. We consider it a best practice to provide our model users with transparency and data that shows VantageScore credit scores continue to accurately reflect consumers' credit risk," said Silvio Tavares, President and CEO of VantageScore.
The full model performance assessment is available for download at https://vantagescore.com/lenders/2022-model-assessment/.
About VantageScore Solutions
VantageScore Solutions develops consumer credit scoring models that combine the need for both financial inclusivity and dependable predictiveness across all scoring ranges. The company's most recent models score approximately 96 percent of all adults 18 and older – including 37 million more people than conventional models – without sacrificing safety and soundness. As a result, lenders using VantageScore can extend credit to those who have been historically marginalized, including minority and lower-to-middle income Americans. VantageScore credit scores are used by thousands of lenders, landlords, utility companies, telecom companies, and many others to determine creditworthiness. Additionally, tens of millions of consumers rely on free access to their VantageScore credit scores to monitor their own creditworthiness.
VantageScore Solutions was launched in 2006 and is owned by America's three national credit reporting companies (CRCs) – Equifax, Experian, and TransUnion. Using a patent-protected tri-bureau methodology, VantageScore delivers time-tested, innovative and more consistent credit scoring models across all three CRCs.
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SOURCE VantageScore | https://www.wsaz.com/prnewswire/2022/06/30/vantagescore-releases-results-its-annual-model-performance-assessment/ | 2022-06-30T13:00:32Z | https://www.wsaz.com/prnewswire/2022/06/30/vantagescore-releases-results-its-annual-model-performance-assessment/ | true |
New Delhi:
Apex Laboratories Pvt Ltd has launched an advanced form of
Itraconazole Capsules Supra Bioavailable 65 and 130 mg, a potent therapeutic choice to effectively control
fungal infections. Supra Bioavailable Itraconazole capsules deliver a higher percentage (90 per cent) of active medicine to the biological system, at a lesser dose. This advanced preparation also ensures lesser inter-individual variability which might translate into enhanced efficacy in the management of fungal infections.
Fungal infections are causing a huge burden in our healthcare ecosystem because of their worldwide distribution and person-to-person transmission. Fungal infections are broadly classified as superficial, deep and systemic (circulate throughout the body). Their effects range from superficial infections of the skin, hair and nails to scattered infections of the brain, heart, liver, lungs, spleen and kidneys.
Superficial mycoses of skin, nails and hair are among the common fungal infections and
World Health Organisation (WHO) reported their prevalence rate as 25 per cent and it varies for occupational groups, gender and age groups.
Itraconazole capsule has become an oral treatment of choice for superficial fungal diseases. Itraconazole is widely considered even for the treatment of conditions such as blastomycosis, histoplasmosis & aspergillosis.
“Although Itraconazole is an effective agent for fungal infection, studies state that, it has limitations such as poor absorption and variability in its blood concentrations, and for any medicine to produce a desired clinical effect, its absorption should be optimal with minimal inter-individual variability,” said Vishagan, Director, Apex Laboratories Pvt Ltd. | https://health.economictimes.indiatimes.com/amp/news/industry/apex-laboratories-launches-advanced-supra-bioavailable-itraconazole-for-fungal-infections/92569238 | 2022-06-30T13:01:27Z | https://health.economictimes.indiatimes.com/amp/news/industry/apex-laboratories-launches-advanced-supra-bioavailable-itraconazole-for-fungal-infections/92569238 | false |
USFDA grants final approval for Zydus' seizure injections
Lacosamide Injection is used to treat partial-onset seizures, as well as primary generalised tonic-clonic seizures when combined with other medications.
Lacosamide Injection is used to treat partial-onset seizures, as well as primary generalised tonic-clonic seizures when combined with other medications.
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IndustrySpeak / Data & Analytics / HealthTV / Webinars / Events / Opinions / Interviews / Innovations / Trends / Startups / Oncology / Cardiology / Neurology / Oral Care / Diabetology / Data / Reports / ETHealthInsight | https://health.economictimes.indiatimes.com/amp/news/pharma/usfda-grants-final-approval-for-zydus-seizure-injections/92572780 | 2022-06-30T13:02:07Z | https://health.economictimes.indiatimes.com/amp/news/pharma/usfda-grants-final-approval-for-zydus-seizure-injections/92572780 | false |
NEW YORK, June 30, 2022 /PRNewswire/ -- Color Star Technology Co., Ltd. (Nasdaq: CSCW) ("Color Star" or the "Company"), an entertainment technology company with a global network that focuses on the application of technology and artificial intelligence in the entertainment industry, announces today that their partner team from La Liga, Villarreal CF, recently held a youth soccer training camp in New York, United States. The team's manager, Unai Emery, represented the team in person to coach and be interviewed by the media.
Villarreal CF has been a formidable team on the football pitch in recent years, especially during this year's UEFA Champions League tournament. Villarreal broke into the semi-finals with a superb show of skill, and the world as well as its fans have given the "Yellow Submarine" high opinion and praise.
As a global partner of Villarreal CF, Color Star is also very much supportive and in favor of making soccer a sport that is widely available and accessible to the youth population. Since the two sides formally entered into a global partnership, both sides have been mutually benefiting from each other's respective advantages whilst also working together on new soccer developments. This will allow Villarreal to further develop and grow more powerful while at the same time collaborating with Color Star on the development of the "Digital Soccer" project within Color Star's metaverse app, Color World.
Color Star believes that as part of a company with "high-tech + celebrity entertainment" as the main focus of its metaverse app, Color World is bound to introduce many more amazing projects, while also delivering high quality sports entertainment to the world. Color Star will most certainly continue to attract more top-quality soccer players and teams to the Color World metaverse app.
About Color Star Technology Co., Ltd.
Color Star Technology Co., Ltd. (Nasdaq: CSCW) is an entertainment and education company that provides online entertainment performances and online music education services. Its business operations are conducted through its wholly-owned subsidiaries, Color China Entertainment Ltd. and CACM Group NY, Inc. The Company's online education is provided through its Color World music and entertainment education platform. More information about the Company can be found at www.colorstarinternational.com.
Forward-Looking Statement
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may," "will," "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantee of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development, including the development of the metaverse project; product and service demand and acceptance; changes in technology; economic conditions; the growth of the educational and training services market internationally where CSCW conducts its business; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof unless required by applicable laws, regulations or rules.
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SOURCE Color Star Technology Co., Ltd. | https://www.kswo.com/prnewswire/2022/06/30/color-stars-partner-team-villarreal-cf-organizes-youth-training-camps-united-states/ | 2022-06-30T13:02:10Z | https://www.kswo.com/prnewswire/2022/06/30/color-stars-partner-team-villarreal-cf-organizes-youth-training-camps-united-states/ | false |
MADISON, Ind. — Two brothers were arrested in Madison after one of them rammed a boat into a police officer after they broke into a floating restaurant on the Ohio River, according to the Madison Police Department.
Two men were reportedly seen climbing over a gate into the Lighthouse Restaurant on W. Vaughn Drive around 2 a.m. on Saturday, June 25.
When responding officers told them to come back to the gate, they allegedly refused. Police then climbed over the gate themselves and took one of the brothers, 43-year-old Evan Meyer of Key Biscayne, Florida, into custody although he physically resisted.
Police say the other brother, 45-year-old Stephan Meyer of Scottsburg, Indiana, got into a boat and rammed a dock where one of the officers was standing.
The officer was “struck in the shoulder area” by the boat and almost knocked into the river, according to police.
The other officer was trying to tie the boat to the dock, but Stephan Meyer drove away as the officer was still holding the rope. That officer also almost fell into the water.
A fisherman in the area saw where the fleeing boat went and was able to point police towards Hanover Beach.
The boat was found on the beach, and Stephan Meyer was found nearby and arrested.
Evan Meyer faces charges of battery on a public safety officer, resisting law enforcement, disorderly conduct, and public intoxication.
Stephan Meyer faces charges of battery on a public safety officer. resisting law enforcement, operating while intoxicated, disorderly conduct, and- public intoxication.
Police believe neither brother owned the boat. They say it belonged to one of their family members. | https://cbs4indy.com/news/brothers-arrested-in-indiana-after-cop-hit-with-boat-outside-of-floating-restaurant/ | 2022-06-30T13:04:00Z | https://cbs4indy.com/news/brothers-arrested-in-indiana-after-cop-hit-with-boat-outside-of-floating-restaurant/ | false |
HONG KONG, June 30, 2022 /PRNewswire/ -- The Bund Finance Center (BFC) in Shanghai officially resumed dine-in services at restaurants starting from 29 June. At present, Fosun's businesses and shopping centers in Shanghai, including the BFC, Yuyuan Tourist Mart, Forte Woli City, and Orstar City Zhenru, have fully resumed business operations. As major shopping centers shows signs of recovery, businesses that have been affected by the epidemic since March this year have quickly recovered, and the consumption vitality is ushering in a new climax.
In addition, thanks to the stabilization of the epidemic prevention and control situation and the arrival of the peak season in tourism industry, Fosun Tourism Group's domestic business saw a rapid recovery following a strong rebound in its overseas business.
After experiencing the "trough period" of the epidemic, Fosun's businesses in various segments have made steady progress, and is poised for a new round of growth.
As the Epidemic Situation Stabilizes, Businesses and Tourism Consumption have Rebounded Significantly
The resumption of dine-in services in major business districts in Shanghai is accelerating the economic recovery.
The robust momentum in business operations is also catalyzing business recovery. Positioned as a consumer group in the Happiness segment, Yuyuan Inc. takes "Oriental life aesthetics" as the top concept, and continues to refine the operation of the Happiness industry. In the first quarter of this year, Yuyuan Inc. continued to expand the business channels of its Jewelry & Fashion segment and continued to improve its product competitiveness. The sales volume of the Guyun Gold series products reached a new high, with a year-on-year increase of over 100%. In the first quarter, Yuyuan Jewelry & Fashion chain business opened 140 net stores, which brings the total number to 4,121 stores, consolidating its leading position in store expansion in the industry.
In terms of domestic tourism, Qian Jiannong, Chairman and CEO of Fosun Tourism, said, "Thanks to the stabilization of the epidemic prevention and control situation and the further relaxation of the epidemic prevention measures in Hainan, Fosun Tourism's tourism destination projects in Sanya have seen a significant rebound in visitor flow and occupancy rate." Entering the second half of June, the occupancy rate of Atlantis Sanya has exceeded 90%, and the hotel bookings at the end of the month are almost full. In order to welcome the return of tourists, Atlantis Sanya will launch the "2022 Atlantis Super Summer" event from 2 July to 31 August, including the marine fantasy acrobatics C Show, Shall We parent-child art festival and various children's summer camps to rekindle tourists' enthusiasm for tourism consumption. As residents in Beijing and Shanghai are resuming normal life, it is believed that Hainan will become the first stop for many consumers after a long absence of travel.
In addition, Club Med Joyview Qiandao Lake has served more than 3,000 customers since its trial operation on 16 June with an occupancy rate of more than 60% based on available rooms. The resort is located on the outskirts of the core city with high-quality ecological resources, making it an ideal travel destination for residents in Jiangsu, Zhejiang and Shanghai after the epidemic.
Previously, Fosun Tourism's overseas business saw its first rebound. Since Fosun Tourism Group announced in April that it has turned profitable in the first quarter of 2022, international brands such as Club Med, Thomas Cook and Casa Cook under Fosun Tourism have actively seized the opportunity of the recovery of the global tourism industry, and have made remarkable progress. On 16 April, the bookings of Club Med in the second half of the year have surpassed that of the same period in 2019 before the epidemic. Among them, the bookings in two major regional markets of Europe and the Americas have increased significantly, outperforming the industry level. Thomas Cook's business in the UK saw an increase of more than 8-fold year-on-year in the first quarter of this year. Thomas Cook has also expanded into the Netherlands in March. On the basis of its original partners, it has adopted digital business models such as the use of websites and applications to expand its regional business in Europe. Casa Cook has also accelerated its expansion in Europe, with the new opening of Casa Cook Samos in Greece in May this year.
Innovation-driven: Pharmaceuticals and Hive Operations Performed Remarkably
Fosun continued its steady growth momentum in the Health segment with successive breakthroughs in regional cooperation, drug introduction, and research and development.
On 27 June, Fosun Pharma and Hainan Boao Lecheng International Medical Tourism Pilot Zone entered into an agreement. The two parties will translate scientific research achievements of innovative drugs and medical devices, diagnostic technologies and products into applications and conduct pilot trials based on Lecheng's real-world data, introduce overseas drugs and medical devices for urgent clinical use, establish regional cooperation with medical institutions, and strengthen the training of academic talents.
On the same day, Fosun Pharma and Amgen jointly announced a collaboration and license agreement for the commercialization of Amgen's two innovative drugs, Otezla® and Parsabiv®, in the Chinese Mainland (excluding Hong Kong SAR, Macau SAR, and Taiwan region).
Regarding research and development, Henlius has recently made a technological breakthrough in asymmetric multichain bispecific antibody cell line development (CLD), in which the stable monoclonal cell line increased the titer to 6g/L, and over 90% of clones expressed the desired products. Based on this achievement, the company was invited to the BioProcess International US West Conference.
Profound industry operations is an important driving force for Fosun's long-term development. Recently, Fosun Hive has renewed its efforts in industry operations, and Hefei Yungu Financial City has ushered in a new round of industrial development, further consolidating the benchmarking and intelligent manufacturing capabilities of hive city. On 27 June, the opening ceremony of enterprises and the signing ceremony of project settlement in Hefei Yungu Financial City Park were successfully held. Among them, the Securities Division of HuaAn Securities on Yungu Road, Binhu New District, Hefei and the Anhui Branch of the Architectural Design & Research Institute of Tsinghua University successfully opened. In addition, Alltrust Insurance has entered into an agreement to establish a presence in Hefei Yungu Financial City. With the continuous introduction of high-quality enterprises, the park has gathered more industries and headquarters bases.
About Fosun
Founded in 1992, Fosun is a global innovation-driven consumer group dedicated to providing high-quality products and services for families around the world in Health, Happiness, Wealth, and Intelligent Manufacturing segments. In 2007, Fosun International Limited was listed on the main board of the Hong Kong Stock Exchange (stock code: 00656.HK). In 2021, Fosun International's total revenue was RMB161.3 billion and total assets amounted to RMB806.4 billion. Fosun International ranks No.589 on the 2022 Forbes Global 2000 List, with a MSCI ESG rating of AA.
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- Changes result in annualized cost savings of $43M, extending the cash runway; Company is continuing to reduce external spend -
- Reduces organization headcount by 34% -
- Priorities remain on commercial growth for both the Acute Care and Oncology Care franchises -
SAN DIEGO, June 30, 2022 /PRNewswire/ -- Heron Therapeutics, Inc. (Nasdaq: HRTX), a commercial-stage biotechnology company focused on improving the lives of patients by developing and commercializing therapeutic innovations that improve medical care, today announced a corporate restructuring and cost reduction plan to address the current market dynamics and prepare the company for long-term sustainability. The Company expects these actions will result in annualized cost savings of $43 million and will enable Heron to maintain a streamlined organization to support its acute care and oncology care franchises and extend its cash runway.
"To address the current market realities and the macro headwinds facing many commercial-stage biotechnology companies, we are enacting critical plans to protect Heron's long-term sustainability and growth plans. This restructuring and cost reduction plan is expected to support our operations, with ongoing business development activities intended to provide the resources to further extend the runway," said Barry Quart, Pharm.D., Chairman and Chief Executive Officer of Heron. "We continue to have tremendous confidence in ZYNRELEF® and our oncology care franchise products, CINVANTI® and SUSTOL®, with increased sales across both franchises in the second quarter compared to the first quarter of this year. Our commercial team is continuing to focus on accelerating the usage of ZYNRELEF and growing demand unit sales of our oncology care products. Our research and development team is continuing to focus on the label expansion for ZYNRELEF in the U.S. and continuing to work towards approval of HTX-019 for postoperative nausea and vomiting (PONV) with the U.S. Food and Drug Administration (FDA)."
The Company's restructuring and cost reduction plan includes the following:
- Workforce reduction: The majority of the cost savings will result from a significant workforce reduction across the Company's research and development organization, with approximately 70% of the total employee reductions coming from research and development. The remaining research and development team will support the label expansion for ZYNRELEF, and the HTX-019 new drug application for PONV. In total, these actions will result in a reduction of the total company employee base by 34%.
- Streamlined operational expenditures: Includes reductions and reallocations in overall sales, general and administrative (SG&A) expenses, as well as savings related to reduced external spend.
Dr. Quart continued, "These restructuring and cost reduction actions, while difficult, are necessary to address the challenging operating landscape and better position Heron to improve the lives of patients while creating long-term value for shareholders. On behalf of the Board of Directors, I would like to recognize our valued colleagues who are departing Heron. We are extremely grateful for their contributions and dedication that have enabled us to deliver three important drugs in the last five years that help patients, with another expected soon. These accomplishments are truly remarkable, and we look forward to continuing to execute on our multi-franchise strategy with the team in place."
About ZYNRELEF® for Postoperative Pain
ZYNRELEF is the first and only dual-acting local anesthetic that delivers a fixed-dose combination of the local anesthetic bupivacaine and a low dose of nonsteroidal anti-inflammatory drug meloxicam. ZYNRELEF is the first and only extended-release local anesthetic to demonstrate in Phase 3 studies significantly reduced pain and significantly increased proportion of patients requiring no opioids through the first 72 hours following surgery compared to bupivacaine solution, the current standard-of-care local anesthetic for postoperative pain control. ZYNRELEF was initially approved by the FDA in May 2021 for use in adults for soft tissue or periarticular instillation to produce postsurgical analgesia for up to 72 hours after bunionectomy, open inguinal herniorrhaphy and total knee arthroplasty. In December 2021, the FDA approved an expansion of ZYNRELEF's indication. ZYNRELEF is now indicated in the U.S. in adults for soft tissue or periarticular instillation to produce postsurgical analgesia for up to 72 hours after foot and ankle, small-to-medium open abdominal, and lower extremity total joint arthroplasty surgical procedures. Safety and efficacy have not been established in highly vascular surgeries, such as intrathoracic, large multilevel spinal, and head and neck procedures. In September 2020, the European Commission granted a marketing authorization for ZYNRELEF for the treatment of somatic postoperative pain from small- to medium-sized surgical wounds in adults. As of January 1, 2021, ZYNRELEF is approved in 31 European countries including the countries of the European Union and European Economic Area and the United Kingdom. In March 2022, Health Canada issued a Notice of Compliance for ZYNRELEF for instillation into the surgical wound for postoperative analgesia after bunionectomy, open inguinal herniorrhaphy, and total knee arthroplasty surgical procedures.
Please see full prescribing information, including Boxed Warning, at www.ZYNRELEF.com.
About HTX-019 for PONV
HTX-019 is an IV injectable emulsion formulation designed to directly deliver aprepitant, the active ingredient in EMEND® (aprepitant) capsules, which is the only substance P/neurokinin-1 (NK1) receptor antagonist (RA) to be approved in the U.S. for the prevention of PONV in adults. The FDA-approved dose of oral EMEND is 40 mg for PONV prevention, which is given within 3 hours prior to induction of anesthesia for surgery. In a Phase 1 clinical trial, 32 mg of HTX-019 as a 30-second IV injection was demonstrated to be bioequivalent to oral aprepitant 40 mg. The new drug application (NDA) for HTX-019 for PONV was submitted in November 2021 and the FDA set a PDUFA goal date of September 17, 2022.
About CINVANTI for Chemotherapy Induced Nausea and Vomiting (CINV) Prevention
CINVANTI, in combination with other antiemetic agents, is indicated in adults for the prevention of acute and delayed nausea and vomiting associated with initial and repeat courses of highly emetogenic cancer chemotherapy (HEC) including high-dose cisplatin as a single-dose regimen, delayed nausea and vomiting associated with initial and repeat courses of moderately emetogenic cancer chemotherapy (MEC) as a single-dose regimen, and nausea and vomiting associated with initial and repeat courses of MEC as a 3-day regimen. CINVANTI is an IV formulation of aprepitant, an NK1 RA. CINVANTI is the first IV formulation to directly deliver aprepitant, the active ingredient in EMEND® capsules. Aprepitant (including its prodrug, fosaprepitant) is the only single-agent NK1 RA to significantly reduce nausea and vomiting in both the acute phase (0–24 hours after chemotherapy) and the delayed phase (24–120 hours after chemotherapy). The FDA-approved dosing administration included in the U.S. prescribing information for CINVANTI include 100 mg or 130 mg administered as a 30-minute IV infusion or a 2-minute IV injection.
Please see full prescribing information at www.CINVANTI.com.
About SUSTOL for CINV Prevention
SUSTOL is indicated in combination with other antiemetics in adults for the prevention of acute and delayed nausea and vomiting associated with initial and repeat courses of moderately emetogenic chemotherapy (MEC) or anthracycline and cyclophosphamide (AC) combination chemotherapy regimens. SUSTOL is an extended-release, injectable 5-hydroxytryptamine type 3 RA that utilizes Heron's Biochronomer® drug delivery technology to maintain therapeutic levels of granisetron for ≥5 days. The SUSTOL global Phase 3 development program was comprised of two, large, guideline-based clinical studies that evaluated SUSTOL's efficacy and safety in more than 2,000 patients with cancer. SUSTOL's efficacy in preventing nausea and vomiting was evaluated in both the acute phase (0–24 hours after chemotherapy) and delayed phase (24–120 hours after chemotherapy).
Please see full prescribing information at www.SUSTOL.com.
About Heron Therapeutics, Inc.
Heron Therapeutics, Inc. is a commercial-stage biotechnology company focused on improving the lives of patients by developing and commercializing therapeutic innovations that improve medical care. Our advanced science, patented technologies, and innovative approach to drug discovery and development have allowed us to create and commercialize a portfolio of products that aim to advance the standard-of-care for acute care and oncology patients. For more information, visit www.herontx.com.
Forward-looking Statements
This news release contains "forward-looking statements" as defined by the Private Securities Litigation Reform Act of 1995. Heron cautions readers that forward-looking statements are based on management's expectations and assumptions as of the date of this news release and are subject to certain risks and uncertainties that could cause actual results to differ materially, including, but not limited to, the timing and results of studies for the further expansion of the U.S. label for ZYNRELEF; the potential market opportunities for ZYNRELEF in the U.S., Europe and Canada; the timing of the NDA review process for HTX-019 and whether the FDA approves HTX-019; the 2022 second quarter net product sales for the oncology care franchise; the 2022 second quarter net product sales for ZYNRELEF; the expected future balances of Heron's cash, cash equivalents and short-term investments; the expected duration over which Heron's cash, cash equivalents and short-term investments balances will fund its operations; the extent of the impact of the ongoing Coronavirus Disease 2019 pandemic on our business; and other risks and uncertainties identified in the Company's filings with the U.S. Securities and Exchange Commission. Forward-looking statements reflect our analysis only on their stated date, and Heron takes no obligation to update or revise these statements except as may be required by law.
Investor Relations and Media Contact:
David Szekeres
Executive Vice President, Chief Operating Officer
Heron Therapeutics, Inc.
dszekeres@herontx.com
858-251-4447
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SOURCE Heron Therapeutics, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/30/heron-therapeutics-announces-restructuring-cost-reduction-plan-address-market-dynamics-prepare-long-term-sustainability/ | 2022-06-30T13:04:24Z | https://www.mysuncoast.com/prnewswire/2022/06/30/heron-therapeutics-announces-restructuring-cost-reduction-plan-address-market-dynamics-prepare-long-term-sustainability/ | false |
WELLINGTON, New Zealand (AP) — New Zealand’s government has declared that American far-right groups the Proud Boys and The Base are terrorist organizations.
The two groups join 18 others including Islamic State that have been given an official terrorist designation, making it illegal in New Zealand to fund, recruit or participate in the groups, and obligating authorities to take action against them.
The U.S. groups are not known to be active in New Zealand, although the South Pacific nation has become more attuned to threats from the far right after a white supremacist shot and killed 51 Muslim worshippers at two Christchurch mosques in 2019.
The New Zealand massacre inspired other white supremacists around the world, including a white gunman who killed 10 Black people at a supermarket in Buffalo, New York.
In the U.S., the State Department only lists foreign groups as terrorist entities. But the Proud Boys were last year named a terrorist group in Canada, while The Base has previously been declared a terrorist group in Britain, Canada and Australia.
In a 29-page explanation of the Proud Boys designation published Thursday, New Zealand authorities said the group’s involvement in the violent attack on the U.S. Capitol building on Jan. 6, 2021 amounted to an act of terrorism.
The statement said that while several militia groups were involved, it was the Proud Boys who incited crowds, coordinated attacks on law enforcement officers and led other rioters to where they could break into the building.
The statement said there are unlinked but ideologically affiliated chapters of the Proud Boys operating in Canada and Australia.
New Zealand authorities argued that before the Capitol attack, the Proud Boys had a history of using street rallies and social media to intimidate opponents and recruit young men through demonstrations of violence. It said the group had put up various smoke screens to hide its extremism.
Earlier this month, the former leader of the Proud Boys, Henry “Enrique” Tarrio, and four others linked to the group were charged in the U.S. with seditious conspiracy for what federal prosecutors say was a coordinated attack on the Capitol.
The indictment alleges that the Proud Boys conspired to forcibly oppose the lawful transfer of presidential power. The five are scheduled to stand trial in August in Washington, D.C.’s federal court.
Asked by media Thursday in New Zealand if the Proud Boys weren’t better known for protest actions rather than extreme violence, New Zealand Police Minister Chris Hipkins said: “Well, violent protests attempting to overthrow the government, clearly there is evidence of that.”
In making its case against The Base, New Zealand authorities said a key goal of the group was to “train a cadre of extremists capable of accelerationist violence.”
The statement said founder Rinaldo Nazzaro “has repetitively counselled members online about violence, the acquisition of weapons, and actions to accelerate the collapse of the U.S. government and survive the consequent period of chaos and violence.” | https://cbs4indy.com/news/national-world/ap-international/new-zealand-designates-proud-boys-a-terrorist-organization/ | 2022-06-30T13:05:00Z | https://cbs4indy.com/news/national-world/ap-international/new-zealand-designates-proud-boys-a-terrorist-organization/ | true |
Buoy Health Officially Launches Its Healthcare Marketplace Offering to Centralize and Streamline Digital Health Access; Match to Best Care Path
Buoy brings virtual care to consumers through a cost-effective marketplace model
BOSTON, June 30, 2022 /PRNewswire/ -- AI-powered health platform Buoy Health (Buoy) today announced the official launch of its healthcare marketplace. Currently, the marketplace includes more than three dozen care solutions that span comprehensive physical, mental, and specialized health needs. This new offering connects users with an ever-growing marketplace of digital health options. Buoy's two million-plus monthly users can access its platform and marketplace partners while paying out of pocket or utilizing their insurance provider when applicable for any care they might receive.
"Our marketplace is a natural continuation of our company's mission to simplify the relationship people have with their healthcare," said Buoy Health Cofounder and Chief Executive Officer, Andrew Le, MD. "People need the complexity taken out of their experience with health benefits, especially in the wake of the last several years. The melding of Buoy's symptom triage capabilities into the larger world of digital health gives individuals seamless, clinically-sound knowledge about their health with a direct connection to care."
Individuals can tap into Buoy's AI-driven symptom checker for guidance on the state of their health, as well as discover care options on their own through Buoy's vast library of articles on symptoms, conditions, and treatments. To better serve diverse or specific patient populations and offer greater consumer choice, the marketplace does not have preferred partners; instead, it aims to work with a range of tailored solutions and specialized services so that it can match users with care options that best fulfill their individual needs and circumstances. This approach allows Buoy to cost-effectively provide solutions that serve historically underserved groups, conditions, or populations, such as women's health or LGBTQ+.
Example #1: A 35-year-old female has been experiencing unexplained weight gain, fatigue, and dry skin. After searching her symptoms online, she is served Buoy's clinician-approved article on hypothyroidism. She then engages with the Buoy symptom checker, finds out she may have hypothyroidism, and is presented with a few marketplace partner options for next steps, including Paloma Health. She is then able to schedule a thyroid consultation, and all billing is managed between Buoy and her employer. At no point in this journey did the individual have to call around to find a provider who might be seeing new patients, or check with her health insurance to see if her health needs are covered, or wonder if she's going to get hit with a large bill after her treatment.
Example #2: After seeing colon cancer awareness campaigns on Google, a 45-year-old male has started to pay closer attention to subtle changes in his bowel habits that he had initially chalked up to stress and travel. While he is unable to get an appointment with his primary care physician for several weeks, he's also unconvinced that he needs to schedule a visit before his annual exam in several months. He explores Buoy's clinician-approved articles on chronic constipation and is presented with several marketplace partner options, including the LabCorp at-home FIT kit for colon cancer screening. He chooses the at-home collection kit and conveniently pays for it online. An independent physician reviews and approves the test request and he is able to view his results online. This individual is able to conveniently engage in timely screening and prevention activities and get answers to his health concerns quickly that he can share with his primary care physician.
In addition to its consumer marketplace, Buoy works with employers to combine care solutions with existing health benefits ecosystems in one centralized hub. Buoy will serve as a singular point of billing and contracting, eliminating the employers' need to procure and manage several digital health vendors. With Buoy, employers also have more flexibility to digital health options on or off based on employee needs and preferences.
"Employers have a need for evidence-based solutions to support their employees living with chronic conditions but can be rate-limited by the sourcing and evaluation process," said Geoff Matous, President and Chief Commercial Officer of Wellinks, a digital healthcare company offering the first-ever integrated, virtual Chronic Obstructive Pulmonary Disease (COPD) management solution. "We look forward to working with Buoy to help more people with COPD access Wellinks as one of the first care options featured on Buoy's marketplace."
Buoy's Le added, "Digital health consolidation is not the answer to patient choice. In fact, it moves us backwards in terms of siloed information and constrained care. Marketplaces that provide choice, direction, and the ability for the patient to choose healthcare that suits their individual–– and often evolving––needs is the model to which we aspire."
"As we continue to expand with new marketplace partners, we remain focused on guiding people to clinically relevant and timely care sources using our algorithms and medical engine," said Buoy Health's Chief Medical Officer, Adrienne McFadden, MD, JD. "We believe the future of digital health hinges on the ability for any person, no matter their background or need, to receive personalized, effective care."
If you're an employer or care solution interested in joining Buoy's marketplace, you can reach out here for more information.
Buoy is a Boston-based digital health company that provides personalized clinical guidance the moment an individual has a health concern and matching to covered care options. Developed out of the Harvard Innovation Labs by a team of doctors and data scientists, Buoy navigates people through to the healthcare they need, delivering triage at scale, and connecting them with the right care endpoints at the right time based on self-reported symptoms. Buoy works with employers, health plans, and health solutions to simplify and streamline discovery and access to the right covered care options. For more information, please visit www.buoy.com.
Media Contact:
Finley Hines
finley.hines@buoyhealth.com
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SOURCE Buoy Health, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/30/need-buoy-buoy-health-launches-future-personalized-care-with-digital-health-marketplace/ | 2022-06-30T13:06:39Z | https://www.mysuncoast.com/prnewswire/2022/06/30/need-buoy-buoy-health-launches-future-personalized-care-with-digital-health-marketplace/ | false |
Get a professional safety and qualification check on cylinders at all 1,100+ U-Haul store locations where propane is sold
PHOENIX, June 30, 2022 /PRNewswire/ -- As Independence Day approaches and families prepare to fire up their propane-powered BBQ grills, more than 1,100 U-Haul® facilities are providing free safety inspections and qualification checks on all propane cylinders to ensure safe holiday celebrations.
Propane sales typically spike prior to July 4, one of the busiest days for food preparation using the clean-burning fuel. In anticipation of family gatherings and the expected surge of people topping off their tanks, U-Haul is asking customers to take advantage of free tank inspections by a certified propane technician at any of its Company-owned stores where propane is sold.
"U-Haul takes propane safety seriously," said Scott Johnson, U-Haul propane program manager.
"We want people to enjoy their holiday without worrying about their tanks. All types of customers rely on U-Haul to provide high-quality products and a safe experience. U-Haul certified propane technicians are available to check the qualification date on each cylinder, examine the valve for leaks, and inspect the tank for dents, cracks, gouges, and rust."
Johnson estimates that as many as 20 million propane tanks are sold in the U.S. each year. Many of these tanks lapse in qualification annually and cannot be legally filled without inspection and requalification.
Propane tanks are qualified for 12 years from the original manufactured date, which is stamped on the tank collar or foot. Customers have two options if qualification has lapsed:
- Visit a propane company to have a tank requalified if it passes inspection. That can cost about $25, and requalification lasts for five years.
- Purchase a new 20-pound BBQ tank with a fuel gauge that is qualified for 12 years, and is available at U-Haul stores for only $49.95.
U-Haul began selling propane in 1984 and became the largest U.S. retailer by 1987. Today, U-Haul safely supplies propane to thousands of customers daily across the U.S. and Canada.
U-Haul utilizes the S.T.E.P. program (Safety, Training, Equipment and Promotion) to deliver propane safely, cleanly and conveniently to customers. The U-Haul propane certification program for Team Members, and the U-Haul propane website promoting consumer safety tips and education information, all align with the Propane Education Research Council (PERC).
Along with strict safety training standards, U-Haul deploys an online service request system that connects U-Haul centers to its propane vendors to report any equipment issues and to ensure there is propane available and safew to dispense to its customers seven days a week. These combined elements demonstrate U-Haul's commitment to providing a better product and service to more customers at a lower cost. The S.T.E.P. program gives U-Haul the edge in safely and effectively meeting our customer's propane demands.
"When handled correctly, propane is a safe and efficient energy source," Johnson said. "Our certified propane technicians are trained to identify any issues with the cylinders and dispense the cleaning-burning gas safely at low prices. We encourage each customer to take advantage of the free inspections before they open the grill and start celebrating."
Propane is the focus of several U-Haul sustainability initiatives. The Company continues to grow its propane Autogas locations to service alternative-fuel vehicles, and champions green products like the 1-pound reusable propane cylinder, a safer and more responsible option to disposable tanks. Visit uhaul.com/about/sustainability to learn more about U-Haul ecofriendly practices.
Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of more than 23,000 locations across all 50 states and 10 Canadian provinces. U-Haul Truck Share 24/7 offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our proprietary Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to approximately 186,000 trucks, 128,000 trailers and 46,000 towing devices. U-Haul is the third largest self-storage operator in North America and offers 876,000 rentable storage units and 75.1 million square feet of self-storage space at owned and managed facilities. U-Haul is the largest retailer of propane in the U.S., and continues to be the largest installer of permanent trailer hitches in the automotive aftermarket industry. U-Haul has been recognized repeatedly as a leading "Best for Vets" employer and was recently named one of the 15 Healthiest Workplaces in America.
Contact:
Andrea Batchelor
Jeff Lockridge
E-mail: publicrelations@uhaul.com
Phone: 602-263-6981
Website: uhaul.com
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SOURCE U-Haul | https://www.kswo.com/prnewswire/2022/06/30/u-haul-giving-free-propane-tank-safety-inspections-before-july-4-cookouts/ | 2022-06-30T13:08:13Z | https://www.kswo.com/prnewswire/2022/06/30/u-haul-giving-free-propane-tank-safety-inspections-before-july-4-cookouts/ | false |
WASHINGTON – A measure of inflation that is closely tracked by the Federal Reserve rose 6.3% in May from a year earlier, unchanged from its level in April.
Thursday's report from the Commerce Department provided the latest evidence that painfully high inflation is pressuring American households and inflicting particular harm on low-income families and people of color.
The government's report also said that consumer spending rose at a sluggish 0.2% rate from April to May. Consumer spending is beginning to weaken in the face of high inflation. But it's still helping fuel inflation itself, especially as demand grows for services ranging from airline tickets and hotel rooms to restaurant meals and new and used autos.
On a month-to-month basis, prices rose 0.6% from April to May, up from the 0.2% increase from March to April.
Chronically high inflation has become a leading threat to the economy and a political hazard for President Joe Biden and Democrats as midterm elections near. Seventy-nine percent of U.S. adults describe the economy as poor, according to a new survey from The Associated Press-NORC Center for Public Affairs Research. Inflation is eclipsing the healthy 3.6% unemployment rate as a focal point for Americans who are struggling, in particular, with high gasoline and food prices.
In response, the Federal Reserve has embarked on a series of aggressive interest rate hikes that are intended to slow growth by making borrowing more expensive but that also risk causing a recession. Two weeks ago, the Fed raised its key rate by three-quarters of a point — its largest hike in nearly three decades — and signaled more large rate increases to come.
The Fed tends to monitor Thursday’s inflation gauge, called the personal consumption expenditures price index, even more closely it does the government’s better-known consumer price index. While the components of the two indexes differ — CPI tends to weigh gasoline and housing costs more heavily and to show higher inflation — the two gauges tell the same basic story: Inflation is running dangerously hot.
Soaring prices are a consequence of the economy’s unexpectedly swift rebound from the pandemic recession of 2020. Boosted by government stimulus checks, record-low borrowing rates and savings built up while stuck at home during the pandemic, consumers went on a spending spree that caught businesses off guard and overwhelmed factories, ports and freight yards. The resulting shortages of goods and labor sent prices spiking.
The Fed was slow to recognize the severity of the inflation threat, dismissing it as mainly a temporary consequence of supply chain bottlenecks. But spiking prices have proved intractable, and now the central bank is playing catch-up with sizable rate hikes that could end up derailing the economy.
High inflation has made consumers increasingly anxious about the economy. Prices have risen faster than their earnings and eroded their purchasing power. A measure of consumer confidence has reached its lowest point in 16 months, with Americans’ outlook darkened by inflation fears, especially gas and food prices. | https://www.wsls.com/news/politics/2022/06/30/key-inflation-gauge-tracked-by-the-fed-remains-a-high-63/ | 2022-06-30T13:08:55Z | https://www.wsls.com/news/politics/2022/06/30/key-inflation-gauge-tracked-by-the-fed-remains-a-high-63/ | false |
Americans are still spending, but at a slower pace than a few months ago, a sign that the biggest part of the U.S. economy is beginning to moderate
Consumer spending has so far been a bright spot in the U.S. economy, even as inflation hits 40-year highs. Although Americans say they’ve lost confidence in the economy — consumer sentiment measures have plunged to record lows — they have so far continued to pay for goods and services. But economists say there are signs that is beginning to change, as higher interest rates and slowing savings rate take a toll on families’ budgets.
“The good news is that we still have savings, but the bad news is that inflation is burning a hole in consumers’ pockets,” said Diane Swonk, chief economist at Grant Thornton. “This is a hard time for consumers, and we’re starting to see inflation eating into some forms of spending.”
Policymakers and economists are keeping close watch for indications that consumer spending — which makes up over two-thirds of the U.S. economy — may be losing steam. Some of that slowdown is by design, as the Federal Reserve takes steps to cool the economy by aggressively raising interest rates. But there are also fears that a more substantial consumer pullback could tip the economy closer to a recession.
“We do expect to see slowing of consumer spending growth as we transition to steady, stable growth,” a senior White House official said in a Wednesday afternoon news briefing. But, the official added, “we’ve seen relatively little evidence of that to date.”
This year, the U.S. economy unexpectedly shrank in the first three months. On Wednesday, the BEA said the contraction was even deeper than expected: It revised down its gross domestic product reading by 0.1 percent to a 1.6 percent annualized rate after factoring in slower-than-expected growth in consumer spending in the first quarter.
There has also been a marked shift in where Americans are spending their money. In recent months, they’ve stopped buying as many used cars and appliances and instead have begun shelling out more heavily on services like dining out, entertainment and travel. Indeed, Americans spent nearly $44 billion less on goods in May, but $76 billion more on services like housing, utilities, international travel and hospital care.
But there are also signs that more families are beginning to rethink some of that spending. U.S. flight bookings dipped 2.3 percent in May from a month earlier, according to data from Adobe Analytics. And both high- and low-income Americans have begun pulling back, particularly on services, in the past four to six weeks, according to an analysis of credit card data by Barclays.
“Consumers are still spending, but we’re also seeing a shift where they’re saying, ‘We’re going to postpone our vacation,’ or ‘Maybe I don’t need to buy a new washing machine right away,’ ” said Quincy Krosby, a strategist for LPL Financial. "They are rethinking their consumption levels, and that’s because of higher gasoline prices, lodging and food prices.”
Fast-rising prices have become a defining challenge for the Biden administration. The Federal Reserve’s preferred measure of inflation, the Personal Consumption Expenditures price index, remains near four-decade highs. A separate inflation benchmark, the widely used Consumer Price Index, has shown that prices rose 8.6 percent in May compared with a year earlier.
The inflation benchmark PCE analyzes price changes of everyday goods, but places less importance on gas prices and housing costs than CPI does. Both inflation benchmarks show that everyday costs are soaring in a way that’s leading many Americans to pull back on certain types of spending.
Consumer sentiment fell to its lowest level ever in June, according to a closely-watched survey by the University of Michigan, with nearly half of Americans saying inflation has eroded their living standards. | https://www.washingtonpost.com/business/2022/06/30/consumer-spending-economy/ | 2022-06-30T13:10:25Z | https://www.washingtonpost.com/business/2022/06/30/consumer-spending-economy/ | true |
Which nut milk bag is best?
Plant-based milks are more popular than ever before, so it should come as no surprise that consumers are looking for ways to make delicious nut milk at home. Homemade nut milk is cheaper, better tasting and contains none of the additives commonly found in store-bought milk.
To make the nondairy beverage at home, you’ll need a nut milk bag. These bags feature a fine mesh weave and you use them to strain the liquid. The EcoPeaceful Organic Cotton Nut Milk Bag is our top pick because it’s sturdy, large and constructed from natural materials.
What to know before you buy a nut milk bag
Reasons to make your own nut milk
- Cheaper: Making your own nut milk is considerably cheaper than buying store-bought milk because the only required ingredients are nuts and water. Buying your preferred nuts in bulk can provide additional savings, as well.
- Better ingredients: When you’re making nut milk at home, you get complete control over the ingredients. Many consumers choose to add maple syrup, dates or even vanilla extract to their nut milk, resulting in a tastier, personalized beverage. Processed milks from the store also may contain preservatives such as carrageenan, which can negatively impact your health.
- Healthier: Homemade nut milks contain a significantly higher ratio of nuts than their store-bought counterparts, resulting in a healthier and more nutrient-dense liquid.
- Sustainable: Since nut milk bags are washable and reusable, the act of making your own nut milk reduces the waste caused by milk cartons and other single-use containers.
Materials
Nut milk bags require a fine mesh material to properly filter the liquid and keep out undesirable nut pieces. Nylon bags are popular because they’re durable, machine-washable and generally don’t hang on to odors. Cotton and hemp bags are both eco-friendly options that are usually machine-washable and free of chemicals. Hemp bags in particular are a durable option and may be antimicrobial to prevent mold.
Size
Nut milk bags can come in a few different sizes. Since the process is a bit labor-intensive, many consumers initially look for a big bag to make large batches of milk. Keep in mind, however, that since homemade nut milk contains no preservatives, it only lasts four to five days in the refrigerator. Don’t make more than you can drink in that time frame. A small nut milk bag is 6 by 9 inches, a medium bag is typically 9 by 12 inches and a large bag is 12 by 12 inches or more.
How to make nut milk
While the specific instructions may vary depending on the kind of milk you wish to make, start by soaking the raw nuts overnight at room temperature. The next morning, drain the nuts and rinse them in cool water. Add the nuts to a blender with some water and blend until the nuts are completely broken down. Then add the mixture to the nut milk bag. Grab your bottle or jug and squeeze the bag over the container until all the liquid is extracted. Now you’re ready to enjoy your homemade nut milk!
What to look for in a quality nut milk bag
Construction
A nut milk bag needs to be durable so you can use it again and again without falling apart. Look for one with reinforced seams or multiple rows of stitching. Hemp and nylon are both particularly durable materials.
Machine-washable
Reusable nut milk bags can get messy and should be cleaned after every use to prevent bacteria buildup. For extra convenience, many bags are machine-washable so you can add them to your next load of laundry after a quick rinse.
How much you can expect to spend on a nut milk bag
Nut milk bags are typically affordable, usually $3 to $15. Stick to the higher end of that range and you’ll get an expertly constructed bag made from fine materials.
Nut milk bag FAQ
What is the healthiest nut milk?
A. While different nuts may have their own nutritional benefits, almond and cashew milk tops the list as the healthiest nut milk.
What kinds of nuts can you use?
A. You can turn virtually any kind of nut into nut milk. Almonds, cashews, macadamia nuts and even Brazil nuts can be used for a delicious beverage.
What’s the best nut milk bag to buy?
Top nut milk bag
EcoPeaceful Organic Cotton Nut Milk Bag
What you need to know: All-organic materials make this sturdy bag.
What you’ll love: The entire construction of this bag is organic and free of chemicals, from the stitches to the drawstring. This nut milk bag is machine-washable and appropriately sized for large batches. It also comes in compostable packaging.
What you should consider: Some users think the drawstring is too small and difficult to handle.
Where to buy: Sold by Amazon
Top nut milk bag for the money
Raw Food World Fine Mesh Nut Milk Bag
What you need to know: This nut milk bag is the perfect size for one to two people.
What you’ll love: The budget-friendly bag is well-constructed and features a fine mesh that’s optimal for quickly filtering seeds and nuts to produce a creamy beverage. Each bag is handmade and quality tested.
What you should consider: The bag opening is a little small, potentially resulting in messy or frustrating preparation.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: This large bag is made from hemp with cotton threads.
What you’ll love: It is big enough for large batches. The organic hemp and cotton double-stitched construction results in a fine mesh bag you can wash time and again without it breaking down.
What you should consider: The bag’s large size can be inconvenient if you only make small batches of milk.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://www.wivb.com/reviews/br/kitchen-br/utensils-tools-br/best-nut-milk-bag/ | 2022-06-30T13:14:05Z | https://www.wivb.com/reviews/br/kitchen-br/utensils-tools-br/best-nut-milk-bag/ | false |
MISSISSAUGA, ON, June 30, 2022 /PRNewswire/ - Covalon Technologies Ltd. (TSXV: COV) (OTCQX: CVALF) (the "Company" or "Covalon"), an advanced medical technologies company, today announced that it has entered into an automatic share purchase plan (the "Plan") with PI Financial Corp. (the "Broker") in order to facilitate repurchases of the Company's common shares (the "Shares") under its previously announced normal course issuer bid (the "NCIB"). The ASPP has been approved by the TSX Venture Exchange (the "TSXV") and will be implemented effective as of June 29, 2022.
Under the ASPP, the Broker may purchase Shares under the NCIB at times when the Company would ordinarily not be permitted to do so due to blackout periods or such other periods when the Company may be precluded from purchasing Shares. Such repurchases will be carried out by the Broker based on trading parameters established by the Company prior to the commencement of the restricted trading period in accordance with the terms of the ASPP, applicable securities laws and the rules and policies of the TSXV. Outside of these restricted trading periods, the Company may at its discretion effect repurchases of its Common Shares through the Broker under the NCIB.
The NCIB commenced as of June 1, 2022. Pursuant to the NCIB, the Company may, if considered advisable, purchase up to a maximum of 1,296,433 Shares for cancellation through the facilities of the TSXV from time to time until the earlier of: (a) May 31, 2023; and (b) the date in which the maximum number of Shares purchasable under the NCIB have been acquired by the Company.
To learn more about Covalon, please contact:
Brian Pedlar, CEO, Covalon Technologies Ltd.
Email: bpedlar@covalon.com
Phone: 905.568.8400 x 233
Toll-Free: 1.877.711.6055
Website: www.covalon.com
Twitter: @covalon
About Covalon
Covalon Technologies Ltd. is a researcher, developer, manufacturer, and marketer of patent-protected medical products that improve patient outcomes and save lives in the areas of advanced wound care, infection management and surgical procedures. Covalon leverages its patented medical technology platforms and expertise in two ways: (i) by developing products that are sold under Covalon's name; and (ii) by developing and commercializing medical products for other medical companies under development and license contracts. The Company is listed on the TSX Venture Exchange, having the symbol COV and trades on the OTQX Market under the symbol CVALF. To learn more about Covalon, visit our website at www.covalon.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that may cause actual results or performance to differ materially from those currently anticipated in such statements.
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SOURCE Covalon Technologies Ltd. | https://www.wbtv.com/prnewswire/2022/06/30/covalon-enters-into-automatic-share-purchase-plan/ | 2022-06-30T13:16:17Z | https://www.wbtv.com/prnewswire/2022/06/30/covalon-enters-into-automatic-share-purchase-plan/ | false |
It goes without saying that racing should take place on the track and not public roads. That said, booking a proper setting is easier said than done, so opportunities like the Angkas Dream Cup should be taken full advantage of.
Round 2 of the 2022 Angkas Dream Cup’s underbone category will be taking place at the Batangas Racing Circuit on July 3. As implied, the competition is open to underbone motorbike models with a displacement of 150cc and up. Oh, and have we mentioned that there’s no entry fee?
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The season’s overall team champion will ride away with a sizable P200,000, with second and third place carrying P150,000 and P100,000 prizes, respectively. The team champion of the second leg this weekend, though, is only guaranteed P10,000.
Solo winners, meanwhile, are looking at up to P25,000 if they finish first. Second and third get P15,000 and P10,000, respectively. If you plan on spectating this weekend, qualifying races take place on July 2, with real competition kicking in the day after. Race times are from 7am to 5pm.
Those are some relatively modest stakes (though Angkas is claiming these are the highest cash prizes in the motorsport’s history), but this is a great chance for underbone riders to show off their skills in a proper setting. Planning to drop by?
Top Gear Philippines is now on Quento! Click here to download the app and enjoy more articles and videos from Top Gear Philippines and your favorite websites. | https://www.topgear.com.ph/news/racing-news/2022-angkas-dream-cup-a962-20220630 | 2022-06-30T13:17:34Z | https://www.topgear.com.ph/news/racing-news/2022-angkas-dream-cup-a962-20220630 | false |
NEW YORK, June 30, 2022 /PRNewswire/ -- IMAX Corporation (NYSE: IMAX) today announced a 12-month extension to the Company's share-repurchase program through June 30, 2023. The current share-repurchase program authorized the Company to repurchase up to $200 million of its common shares, of which approximately $26.2 million remains available, and was set to expire on June 30, 2022.
The Company has repurchased a total of approximately 10.0 million of its common shares (or a 15% net reduction in shares outstanding) for an aggregate purchase price of approximately $173.8 million pursuant to the current share-repurchase program since it commenced on July 1, 2017. With this extension effective July 1, 2022, the Company remains authorized to repurchase up to approximately $26.2 million worth of common shares through June 30, 2023.
Repurchases under the Company's share-repurchase program may be made either in the open market or through private transactions, subject to market conditions and applicable legal requirements. IMAX has no obligation to repurchase shares, and the share-repurchase program may be suspended or discontinued by the Company at any time. In addition, the $200 million authorization does not include shares repurchased in connection with the administration of employee share-based compensation plans.
Canadian Securities Law Exemption
The Company has received an exemption decision issued by the Ontario Securities Commission dated April 1, 2022 for relief from the formal issuer bid requirements under Canadian securities laws. The exemption decision permits the Company to repurchase up to 15% of its outstanding common shares in any 12-month period through the facilities of the New York Stock Exchange ("NYSE") under repurchase programs that the Company may implement from time to time. Canadian securities laws regulate an issuer's ability to make repurchases of its own securities.
The decision allows the Company to make repurchases under its repurchase programs from time to time in excess of the maximum allowable in reliance on the existing "other published markets" exemption from the formal issuer bid requirements available under Canadian securities laws. The "other published markets" exemption caps the Company's ability to repurchase its securities through the facilities of the NYSE at 5% of the issuer's outstanding securities during any 12-month period.
The conditions of the exemption decision are as follows: (i) any repurchases made in reliance on the exemption decision must be permitted under, and part of, repurchase programs established and conducted in accordance with United States securities laws and NYSE rules, (ii) the aggregate number of common shares acquired in reliance on the exemption decision and the "other published markets" exemption by the Company and any person acting jointly or in concert with the Company within any period of 12 months does not exceed 15% of the outstanding common shares at the beginning of the 12-month period, (iii) the common shares are not listed and posted for trading on an exchange in Canada, (iv) the exemption decision applies only to the acquisition of common shares until April 1, 2025, (v) at least 5 days prior to purchasing common shares in reliance on the exemption decision, the Company discloses the terms of the exemption decision and the conditions applicable thereto in a press release that is issued and filed on the System for Electronic Document Analysis and Retrieval and includes such information as part of the news release required to be issued in accordance with the "other published markets exemption" in respect of any repurchase program that may be implemented by the Company, which this press releases satisfies, and (vi) the Company does not acquire common shares in reliance on the "other published markets" exemption if the aggregate number of common shares purchased by the Company and any person acting jointly or in concert with the Company within any period of 12 months exceeds 5% of the outstanding Shares at the beginning of the 12-month period.
About IMAX Corporation
IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are utilizing IMAX theaters to connect with audiences in extraordinary ways, and, as such, IMAX's network is among the most important and successful theatrical distribution platforms for major event films around the globe.
IMAX is headquartered in New York, Toronto, and Los Angeles, with additional offices in London, Dublin, Tokyo, and Shanghai. As of March 31, 2022, there were 1,690 IMAX theater systems (1,606 commercial multiplexes, 12 commercial destinations, 72institutional) operating in 87 countries and territories. Shares of IMAX China Holding, Inc., a subsidiary of IMAX Corporation, trade on the Hong Kong Stock Exchange under the stock code "1970."
IMAX®, IMAX® Dome, IMAX® 3D, IMAX® 3D Dome, Experience It In IMAX®, The IMAX Experience®, An IMAX Experience®, An IMAX 3D Experience®, IMAX DMR®, DMR®, IMAX nXos® and Films to the Fullest®, are trademarks and trade names of the Company or its subsidiaries that are registered or otherwise protected under laws of various jurisdictions. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Instagram (https://www.instagram.com/imax), Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).
Forward-Looking Statements
This press release contains forward looking statements that are based on IMAX management's assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These forward looking statements include, but are not limited to, references to plans regarding share repurchases pursuant to the share-repurchase program, business and technology strategies and measures to implement strategies, competitive strengths, goals, expansion and growth of business, operations and technology, future capital expenditures (including the amount and nature thereof), industry prospects and consumer behavior, plans and references to the future success of IMAX Corporation together with its consolidated subsidiaries (the "Company") and expectations regarding the Company's future operating, financial and technological results. These forward-looking statements are based on certain assumptions and analyses made by the Company in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors it believes are appropriate in the circumstances. However, whether actual results and developments will conform with the expectations and predictions of the Company is subject to a number of risks and uncertainties, including, but not limited to, the adverse impact of the COVID-19 pandemic; risks associated with investments and operations in foreign jurisdictions and any future international expansion, including those related to economic, political and regulatory policies of local governments and laws and policies of the United States and Canada as well as geopolitical conflicts, such as the conflict between Russia and Ukraine; risks related to the Company's growth and operations in China; the performance of IMAX DMR® films; the signing of IMAX Theater System agreements; conditions, changes and developments in the commercial exhibition industry; risks related to currency fluctuations; the potential impact of increased competition in the markets within which the Company operates, including competitive actions by other companies; the failure to respond to change and advancements in digital technology; risks relating to consolidation among commercial exhibitors and studios; risks related to brand extensions and new business initiatives; conditions in the in-home and out-of-home entertainment industries; the opportunities (or lack thereof) that may be presented to and pursued by the Company; risks related to cyber-security and data privacy; risks related to the Company's inability to protect the Company's intellectual property; risks related to climate change; risks related to weather conditions and natural disasters that may disrupt or harm the Company's business; risks related to the Company's indebtedness and compliance with its debt agreements; general economic, market or business conditions; risks related to political, economic and social instability, including with respect to the Russia-Ukraine conflict; the failure to convert IMAX Theater System backlog into revenue; changes in laws or regulations; any statements of belief and any statements of assumptions related to the foregoing; other risks outlined in our periodic filings with the SEC; and other factors, many of which are beyond the control of the Company. Consequently, all of the forward looking statements made in this press release are qualified by these cautionary statements, and actual results or anticipated developments by the Company may not be realized, and even if substantially realized, may not have the expected consequences to, or effects on, the Company. These factors, other risks and uncertainties and financial details are discussed in IMAX's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. The Company undertakes no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE IMAX Corporation | https://www.wbtv.com/prnewswire/2022/06/30/imax-announces-extension-current-share-repurchase-program/ | 2022-06-30T13:18:16Z | https://www.wbtv.com/prnewswire/2022/06/30/imax-announces-extension-current-share-repurchase-program/ | true |
WASHINGTON (AP) — Last week, as he marked his 74th birthday, Clarence Thomas achieved two long-sought goals: expanding gun rights and overturning Roe v. Wade ’s nationwide protection for abortion.
If he was ready to take a victory lap, Thomas didn’t let on. Instead, he called on his colleagues to do more, to revisit the Supreme Court’s cases acknowledging rights to same-sex marriage, gay sex and contraception.
After 30 years on the court, Thomas’ influence has never been greater, and yet he remains a lightning rod for controversy. That includes recent questions about his wife’s role in attempting to overturn the results of the 2020 election and his decision not to recuse himself from cases that involved it. Thomas has said nothing in response to the criticism, and he could still serve another decade or more, racking up additional victories with a court that has become more conservative.
“If you serve long enough sometimes things go your way eventually,” said Ohio Northern University professor Scott Gerber, the author of a book on Thomas. Gerber said that at this point there are people who have moved through the conservative legal movement, studying conservatives like Thomas and the late Justice Antonin Scalia, who have now joined Thomas on the court. “They’ve learned from him and agree,” he said.
Thomas is now the senior member of a group of conservative justices with the votes to control the court, not only what cases the court takes on but how broadly it rules. That’s a change for Thomas, whose views were for years seen as far out of the mainstream.
”He’s always been known as not taking quite the same approach,” said George Mason University law professor Jennifer Mascott, who worked for Thomas as a law clerk. But in the guns case, she said: “Everybody joined with him, his approach.”
Ralph Rossum, who has also written a book about Thomas, said the justice once compared himself to a marathon runner who has to take the long view. Now, as time has gone on and more conservative justices have joined the court, Thomas is, in a sense, running “faster and faster” and “lengthening his stride,” Rossum said.
Thomas declined an interview request from The Associated Press.
On top of the criticism Thomas has faced over the years for his views, he and his wife, conservative activist Virginia Thomas, have faced criticism recently for their actions following former President Donald Trump’s defeat in the 2020 election. Among other things, Virginia Thomas exchanged messages with then-White House chief of staff Mark Meadows encouraging him to work to overturn President Joe Biden’s victory and urged Republican lawmakers in Arizona, where Biden won, to choose their own slate of electors. The House committee investigating the Jan. 6, 2021, insurrection at the Capitol has asked her for an interview.
As for the justice, there has been criticism that because of his wife’s actions he should have recused himself from a case involving the committee’s access to presidential documents and lawsuits challenging the election results, challenges the court turned away. Democrats in Congress wrote in a letter that his participation is “exceedingly difficult to reconcile with federal ethics requirements.”
In recent days, following the abortion decision, thousands signed a petition saying he should no longer be allowed to teach a class at George Washington University’s law school. The university rejected that idea.
More personally, after a draft of the abortion decision leaked, there were protests at his house and the homes of other conservative justices. In an appearance after the leak Thomas drew a contrast between liberals and conservatives in unusual us-versus-them terms. “You would never visit Supreme Court justices’ houses when things didn’t go our way. We didn’t throw temper tantrums,” Thomas said.
What many Americans know about Thomas stems largely from his bruising 1991 confirmation hearing, when he was accused of sexual harassment charges by former employee Anita Hill — charges he denied. He wrote a bestselling book in 2007 but for years — partly because he chose not to ask questions during arguments at the court and partly because he is a self-described introvert — Thomas spoke largely through his opinions. Not infrequently, because his views were so conservative compared with the rest of the court, he wrote opinions that spoke only for himself.
That has changed. The court has grown more conservative over the last several years during Trump’s administration, particularly after the death of the liberal Justice Ruth Bader Ginsburg and her replacement in 2020 by conservative Justice Amy Coney Barrett. Conservatives now have a six-justice majority and can lose the vote of Chief Justice John Roberts, who is sometimes less willing to issue sweeping rulings, and still have a majority.
Thomas has also become more vocal in general over the past two years. When the court began hearing arguments by telephone because of the pandemic and changed the arguments’ format so justices asked questions one by one, Thomas joined in. He continued asking questions when the justices returned to their courtroom last fall, his colleagues deferring to him for the first questions.
Thomas’ influence has been felt in other ways, too. Many of the men and women Thomas mentored as law clerks held political appointments in the Trump administration. That includes John Eastman, the conservative lawyer who aided Trump’s efforts to undo the 2020 election results. Ten other former law clerks are now federal judges who hold lifetime appointments. Their ranks include Kathryn Kimball Mizelle, the federal judge in Florida who in April struck down the national mask mandate on airplanes and mass transit.
Thomas is 74. Justice Stephen Breyer is retiring this year, just before his 84th birthday. Ginsburg served until her death at 87. In 2028, Thomas would surpass Justice William O. Douglas as the longest-serving justice ever.
Gerber, the Ohio professor, said Thomas has always said that becoming a justice is a lifetime job.
Said Gerber: “It’s like Queen Elizabeth. She’s been in power 70 years and she’s going to stay until she’s carried out in a box. That’s his view also.”
___
Associated Press writer Mark Sherman contributed to this report. | https://www.wearegreenbay.com/news/ap-top-headlines/supreme-court-justice-clarence-thomas-has-a-lot-to-celebrate/ | 2022-06-30T13:19:26Z | https://www.wearegreenbay.com/news/ap-top-headlines/supreme-court-justice-clarence-thomas-has-a-lot-to-celebrate/ | true |
Cases called included:
Debbie Sue Davis, 52, of 2855 Oletha Ave., felonious assault/weapon, continued, PD appointed, no contact conducive of bond, must provide address before being released, bond $20,000.
Travis Lee Newman Delpinal, 40, of 2534 Tecumseh Ave., DUS OVI suspension, dismissed10/4511.68A9, dismissed, OVI, dismissed.
Shelly Greathouse, 43, of 1620 Prospect St., violation of TPO, innocent, continued, PD appointed, no contact conducive of bond, OR bond.
James E. E. Lavender Jr., 29, of 1017 Tibbetts Ave., violation of TPO, innocent, continued, PD appointed, no contact cond of bond, OR Bond, violation of TPO, innocent, continued, violation of TPO, innocent, continued, assault, innocent, continued, PD appointed, no contact conducive of bond, OR bond, violation of TPO, innocent, continued, domestic violence, continued, PD appointed, no contact conducive of bond, bond $5,000.
Lawrence Oneal Mccray, 47, of 8190 Murray St., domestic violence, innocent, continued, delinquent PD, no contact conducive of bond, bond $5,000.
Hannah B. Nickels, 18, of 2315 Irwin Ave., burglary, innocent, continued, delinquent PD.
Shyralynn N. Patterson, 19, of 1773 S Center Blvd., assault, innocent, continued, PD appointed.
William E. Potts, 41, of New Carlisle, theft, innocent, continued, NAPT.
Caleb A. Sample, 19, of 1773 S. Center Blvd., assault, innocent, continued, PD appointed.
Ricky L. Ferryman, 47, of 5583 Willowchase Cir., violation of TPO, dismissed.
Raven M. Lee, 25, of Xenia, endangering children, dismissed.
Kyle Richard Maynard, 25, of 2945 Hilldale Road, aggravated menacing, dismissed, domestic violence, dismissed.
Lawrence A. D. McCray, 23, of 1217 1/2 N. Limestone St., OVI, continued, OVI/breath, dismissed.
Lakynn M. Perkins, 23, of 309 Dayton Ave., domestic violence, dismissed, assault, dismissed.
Jennifer Ann Barth, 50, of Dayton, OVI reduced to physical control, guilty, 12 months of driver’s license suspension, 160 days of jail with 160 days suspended, 12 months of probation, fined $350.
Eric B. Dotson, 27, of 1338 W. Jefferson, criminal trespass, bench warrant ordered.
David Myron Hassell, 64, of 1621 W. High St., OVI, guilty, 12 months of driver’s license suspension, 170 days of jail with 167 days suspended, 12 months of probation, fined $375.
Sidney Jacobs II, 32, of New Carlisle, violation of TPO, guilty, 160 days of jail, 160 days jail, subject to review, violation of TPO, guilty, 160 days of jail, 160 days jail, consecutive to 22crb01068, jail subject to review.
Kourtney Longsdorf, 33, of London, theft, bench warrant ordered.
Scott W. Skinner, 50, of 5555 Middle Urbana Road, domestic violence, dismissed - prosecutor request, assault, dismissed - prosecutor request.
Alexander J. W. Slusher, 20, of 468 N Race Street, OVI reduced to physical control, guilty, 120 days of jail with 117 days suspended, 3 days credit for time served, no further offenses/pay F and C, fined $250.
Dakodah L. M. Smith, 20, of 102 Seever St, assault, dismissed - prosecutor request.
Hashim Sueed Stephens, 43, of 241 Greenmount Apt. B, domestic violence, dismissed - prosecutor request, assault, dismissed - prosecutor request.
Keith Edward Griffin, 63, of 17 W. Johnson St., OVI, bench warrant ordered, OVI/breath, bench warrant ordered, DUS, bench warrant ordered, FTY/red light, bench warrant ordered, seat belt, bench warrant ordered.
Zachary Lee Hall, 22, of 2484 Lagonda Ave., obstructing official business, continued, NAPT.
Didier Yvon, 40, of 1407 E. High St., OVI, bench warrant ordered, speed for conditions, bench warrant ordered, open container/vehicle, bench warrant ordered, operating without use all seatbelts, bench warrant ordered. | https://www.springfieldnewssun.com/news/clark-county-municipal-court-cases/DSVFLQ4CWBHBZIXKL7RRCKL6AI/ | 2022-06-30T13:20:20Z | https://www.springfieldnewssun.com/news/clark-county-municipal-court-cases/DSVFLQ4CWBHBZIXKL7RRCKL6AI/ | false |
Which ceramic planter is best?
If you want to bring gardening to a small space, consider a planter as an ideal container. While planters also come in terracotta, plastic and cement, a ceramic planter combines durability, value and style. If you’re looking for a ceramic planter with plenty of colors and features to keep your plants healthy as they grow, the D’vine Dev 8-Inch Ceramic Planter Pot is the best.
What to know before you buy a ceramic planter
Size
Ceramic planters are measured by their diameter. It should be wide enough to accommodate a mature plant’s root structure. Tabletop ceramic planters are between 6 and 10 inches in diameter. Large and tall ceramic planters can have interior structures that eliminate the need for as much soil.
Consider also the extra space needed to accommodate a wider saucer under the planter. Some come with one, while with others you must add a layer between planter and table.
Shape
Most planters are round or square. They can have tapered or straight bases, although they should still be wide enough to remain steady. Novelty shapes often have extra exterior features for decoration and still use a basic round or square shape to house the plant and soil.
Design
Ceramic planters can be monochrome or have colorful or textured designs outside. The planter’s interior is often left untreated or with a simple glaze finish, letting the plant get additional air circulation and making the pot easier to create. The planter’s bottom almost always remains unfinished, creating a rough texture that keeps it from slipping.
What to look for in a quality ceramic planter
Durability
Ceramic is a breathable material and allows airflow to the plant. It can be prone to cracks and become brittle over time, though, especially if you experience extreme temperatures. Look for a ceramic planter thick enough to maintain its shape without cracking or breaking.
Drainage
Ceramic can absorb some water, but it’s still important that extra water does not accumulate in the planter’s base. Make sure your planter includes holes at the bottom to drain excess water. A built-in saucer or pan prevents damage to the plant stand or surface underneath. These may be attached to the base or come as a separate piece.
To prevent the roots from becoming waterlogged, look for a planter with a mesh layer at the bottom or a place to add pebbles.
Weatherproof finishes
If you plan to use your ceramic planter outside, know that finishes such as glazes and paints do best when treated to prevent chips and wear. Look for something that can hold up to ultraviolet rays without fading. And because ceramic absorbs water, the best ceramic planters to use outdoors have a waterproof coating, which you can add either to your pot’s inside or outside to help it last longer.
How much you can expect to spend on a ceramic planter
Ceramic planters cost $15-$50, and you can find sets of three for $40-$100. Prices vary by size and extra features such as patterns and decorative finishes.
Ceramic planter FAQ
Are ceramic or plastic planters better?
A. Ceramic is ideal for plants that don’t need as much water or for plant owners who tend to overwater. They can be heavier and harder to move, though, when filled with soil. Plastic pots are better for plants that can tolerate more water or that will be moved frequently. They do not let as much air circulate to the roots.
Can ceramic planters stay outside?
A. Some ceramic planters with weatherproof finishes or treated exteriors can stay outside. But ceramic pots should be brought indoors during extreme temperatures to prevent cracks. The risk to ceramic comes from its ability to expand and contract as the temperature changes.
What’s the best ceramic planter to buy?
Top ceramic planter
D’vine Dev 8-Inch Ceramic Planter Pot
What you need to know: This pot’s sleek profile looks modern, while the included tray catches any extra water that drains.
What you’ll love: There are seven colors and four sizes to work with any decor and any indoor plant. The bottom has a fitted drainage net and planter filler to keep your plant’s roots from getting waterlogged.
What you should consider: This is an indoor-only planter.
Where to buy: Sold by Amazon
Top ceramic planter for the money
Gepege Six-Inch Beaded Ceramic Planter, Set of Two
What you need to know: This is a great value for two decorative ceramic pots with textured details on the exterior.
What you’ll love: They come in blue or smoked white with a glazed finish. A mesh pad keeps water from drowning the roots or leaking from the pot. You can choose which way to place the saucer for added height.
What you should consider: There are only two colors and one size.
Where to buy: Sold by Amazon
Worth checking out
Fopamtri Plant Pot Set in Matte White
What you need to know: This three-size set can be used individually or as a grouping to make a statement.
What you’ll love: The exterior glazing lets these pots go outside without risk of fading. The drainage hole is large enough to let excess water drain freely. The set comes in matte white, matte black and glossy black, and you can buy individual pots.
What you should consider: They don’t include a saucer to catch excess water.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://www.wearegreenbay.com/reviews/best-ceramic-planter/ | 2022-06-30T13:20:34Z | https://www.wearegreenbay.com/reviews/best-ceramic-planter/ | false |
Erweiterte Funktionen
Martin Currie Global Portfolio Trust - Patiently waiting for the storm to pass
30.06.22 12:20
Edison Investment Research
Martin Currie Global Portfolio Trust (MNP) has experienced a tough six-month period of relative performance at a time when value rather than growth stocks have been favoured by investors. The trust’s manager, Zehrid Osmani, has stayed true to his strategy of investing in high-quality companies with long-term growth potential, aiming to generate above-market returns over a rolling five-year period. He says that this approach has compounded investors’ wealth over the long term, and that ‘all it takes is a few quarters of positive earnings growth during a period of negative earnings revisions, and MNP should once again outperform’. He states that ‘valuation discipline is critical, but even more so now in an environment of rising interest rates’. The trust’s portfolio turnover remains low as the manager is not panicking or trying to chase performance.
Werte im Artikel
Aktuell | https://www.aktiencheck.de/news/Artikel-Martin_Currie_Global_Portfolio_Trust_Patiently_waiting_for_the_storm_to_pass-14603670 | 2022-06-30T13:20:40Z | https://www.aktiencheck.de/news/Artikel-Martin_Currie_Global_Portfolio_Trust_Patiently_waiting_for_the_storm_to_pass-14603670 | true |
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