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NEW YORK, July 7, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Tupperware Brands Corporation ("Tupperware" or the "Company") (NYSE: TUP) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Tupperware investors who were adversely affected by alleged securities fraud between November 3, 2021 and May 3, 2022. Follow the link below to get more information and be contacted by a member of our team:
TUP 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) Tupperware was facing significant challenges in maintaining its earnings and sales performance; (ii) accordingly, Tupperware's full-year 2022 guidance was unrealistic and/or unsustainable; (iii) all the foregoing, once revealed, was likely to have a material negative impact on Tupperware's financial condition; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Tupperware during the relevant time frame, you have until August 15, 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.wbay.com/prnewswire/2022/07/07/tup-lawsuit-alert-levi-amp-korsinsky-notifies-tupperware-brands-corporation-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-07T11:17:46Z | https://www.wbay.com/prnewswire/2022/07/07/tup-lawsuit-alert-levi-amp-korsinsky-notifies-tupperware-brands-corporation-investors-class-action-lawsuit-upcoming-deadline/ | false |
Build Back Better, President Biden’s plan for new federal spending and taxes, was big, bold and probably bound to run into the trouble securing a Senate majority that eventually doomed it. The deal Democrats are negotiating today, in contrast, is more modest. Perhaps as a consequence, it also has a better chance to succeed.
Senate Majority Leader Charles E. Schumer (D-N.Y.) and centrist holdout Sen. Joe Manchin III (D-W.Va.) have for the past few months been holding talks to put together an economic package that can pass through the reconciliation process, which would require the support only of the Senate’s 50 Democratic-voting members. This week marks a major milestone: Legislative text of a proposal to lower prescription drug costs has made its way to the Senate’s parliamentarian, who will determine whether the measure qualifies to pass via reconciliation — and bypass a Republican filibuster. The rest of the hoped-for package, expected to include health-care, climate and tax reform measures, remains in limbo.
The decision to move forward with what’s already agreed on is sensible: Instead of introducing myriad ambitious ideas all at once and then searching for the votes, Democrats are finding the votes first — and introducing afterward the ideas they know can pass. The drug pricing bill looks similar to a variation last year that received the approval of another key Democrat, Sen. Kyrsten Sinema (Ariz.), which bodes well for its advancement. The government would be empowered to negotiate the price of select high-cost drugs on behalf of Medicare beneficiaries; the biggest change is that future administrations would be bound by the obligation to haggle aggressively. The plan would cappatients' drug costs at $2,000 each year, penalize companies whose prices outpace inflation and expand aid toward premiums and co-pays for low-income customers.
What could come next is even more encouraging. Reportedly, an overarching reconciliation agreement between Mr. Schumer and Mr. Manchin would raise approximately $1 trillion in revenue, with $500 billion or so put toward spending and $500 billion toward bringing down the federal budget deficit. The promised provisions are both appropriately ambitious and responsible: Incentives to reduce carbon emissions are essential; the continuation of the pandemic relief program lowering health insurance premiums for Affordable Care Act plans is called for; and new minimum taxes on corporate book income and foreign earnings by multinational corporations, as well as increases on the very high personal income, are a wise way to pay.
The window for action is closing as Congress prepares to take its long summer break, and Democrats finally may have the momentum they need to push this deal through. They can’t afford to stop moving now. The pared-back package isn’t Build Back Better, but it would help the country do just that. | https://www.washingtonpost.com/opinions/2022/07/07/democrats-prescription-drug-cost-legislation/ | 2022-07-07T11:18:52Z | https://www.washingtonpost.com/opinions/2022/07/07/democrats-prescription-drug-cost-legislation/ | false |
Letters to the Editor: Defund Big Oil. Don’t ever buy a gas-powered car again
To the editor: The Supreme Court has hobbled the U.S. Environmental Protection Agency’s ability to fight climate change, and it’s coming for more. The notion that Congress will help would be laughable if people weren’t actually dying from pollution, wildfire and floods. (“Supreme Court leaves dwindling paths for Biden’s climate mission,” July 1)
What’s left? Us.
Defund the oil industry by refusing to buy a gas car, ever again. Stop lining the pockets of Big Oil lobbyists with every trip to the pump. Not everyone can afford an electric car, though prices continue to plummet, inflation and supply chain torment notwithstanding. But many can.
With political levers increasingly beyond our reach, let’s bring governance back to where it all began: by the people, for the people. We have the power.
Zan Dubin-Scott, Santa Monica
The writer is co-founder of National Drive Electric Week.
..
To the editor: The climate mission losing steam is not about President Biden. The wrong choices made by a few people are endangering not just the president, but all of us living on this planet.
Let’s stop wringing our hands over electability and the midterms. Our climate mission is losing steam. Let the headlines reflect that.
Judith Maertz, Anaheim
..
To the editor: Reality is hard to face. Evidence over belief is all that matters in a court of law, which makes it unfathomable that the Supreme Court doesn’t believe that our EPA lacks broad authority to protect our environment from greenhouse gas pollution coming from power plants.
What exactly is the EPA supposed to do other than what its title outlines? When will the news finally filter into the justices’ brains that unchecked warming of our planet is dangerous to our existence on Earth?
Climate change is currently melting our polar ice caps and will eventually raise our oceans to biblical levels. Even if the justices do not believe in science, perhaps they will finally see the urgency of building that ark they read about in the Good Book.
Marcy Bregman, Agoura Hills | https://www.latimes.com/opinion/letters-to-the-editor/story/2022-07-07/defund-big-oil-dont-ever-buy-a-gas-car-again | 2022-07-07T11:22:03Z | https://www.latimes.com/opinion/letters-to-the-editor/story/2022-07-07/defund-big-oil-dont-ever-buy-a-gas-car-again | true |
LONDON (AP) — Britain’s beleaguered Prime Minister Boris Johnson is determined to cling to power despite an open revolt within his Conservative Party.
More than 30 government ministers quit in a mass walkout Wednesday, following in the footsteps of two of Johnson’s top Cabinet ministers who said Johnson’s government is no longer competent or trustworthy. Numerous Conservatives, including previously loyal allies, openly urged him to go.
If Johnson refuses to resign, the spotlight will turn to a small but influential Conservative group known as the 1922 Committee that has the power to rewrite party rules on leadership challenges and oust him before the next general election.
The committee could decide as early as Monday whether to change the rules.
Here’s a look at how the Conservatives can remove Johnson:
___
CAN A NO-CONFIDENCE VOTE TAKE PLACE?
Technically, not for another 11 months.
A no-confidence vote is triggered if 15% of Conservative lawmakers — currently 54 — write to Graham Brady, head of the 1922 Committee, to request it.
Johnson survived a confidence vote on Jun. 6, though the scale of the revolt — 41% of his party’s lawmakers voted against him — left his future in doubt.
Under current party rules, a year must pass before another formal leadership challenge can take place.
But the 1922 Committee has the power to change the rules to allow a fresh confidence vote within a shorter timeframe.
___
WHAT IS THE 1922 COMMITTEE?
The 1922 Committee is a group of about a dozen Conservative backbenchers – lawmakers not serving in the prime minister’s government – who meet regularly to discuss party matters. The committee meets with the party leader monthly to represent the views of the rank and file membership.
Crucially, the group determines the rules under which a sitting leader can be challenged.
The committee was named because a group of lawmakers elected in 1922 formed it, albeit in 1923.
Its members are elected by all Conservative backbenchers, and an election will take place Monday to choose a new executive committee.
___
HOW LIKELY ARE THE RULES TO CHANGE?
That’s up to the new 1922 Committee executive. Several Conservative lawmakers have said they would stand for the committee and vote for a rule change, if elected.
The committee didn’t announce any immediate changes to the rules after a private meeting Wednesday.
Bob Blackman, the committee’s joint executive secretary, said earlier Wednesday he believed a “very high threshold” needs to be reached to warrant a confidence vote so soon after last month’s ballot.
“What we have to do is certainly have calm heads here, because one of the other suggestions being made … is that you’d reduce the timeframe to six months. Six months takes you to the beginning of December,” he told British channel TalkTV.
“In my view, you’d have to have a very high threshold indeed to warrant confidence votes very soon after a previous confidence vote,” he said.
___
WHAT IF JOHNSON LOSES A CONFIDENCE VOTE?
Johnson would fight to stay and win another confidence vote, his press secretary said Wednesday. She described last month’s result as “clear and decisive.”
Johnson needs backing from 180 out of 359 Conservative lawmakers to survive a confidence vote.
If he loses, he would resign and the party would hold an election for a new leader; Johnson would be barred from running. He would remain party leader and prime minister until a replacement is chosen.
Any Conservative legislator is eligible to run to replace Johnson as party leader. The winner of the leadership race becomes prime minister, without the need for a national election.
___
Follow all of AP’s coverage of Prime Minister Boris Johnson at https://apnews.com/hub/boris-johnson | https://www.conchovalleyhomepage.com/news/international/explainer-how-uk-conservatives-can-change-their-leader-2/ | 2022-07-07T11:22:25Z | https://www.conchovalleyhomepage.com/news/international/explainer-how-uk-conservatives-can-change-their-leader-2/ | false |
WASHINGTON (AP) — The Biden administration is trying to help foreign makers of baby formula stay on the U.S. market for the long term, in an effort to diversify the industry after the closure of the largest domestic plant sparked a nationwide shortage.
The Food and Drug Administration on Wednesday announced plans to help overseas producers that have sent supplies to the United States, under emergency approval to address the shortfall, secure long-term authorization to market their formula in the U.S.
The agency will provide a way for producers temporarily selling in the U.S. to meet existing regulatory requirements so they can stay on the market, providing consumers with more choices and making supplies more resilient against current and future shortages.
The FDA will also host meetings and provide producers with a single point of contact to work through the regulatory system to make the application process more efficient.
“The need to diversify and strengthen the U.S. infant formula supply is more important than ever,” said the FDA commissioner, Dr. Robert Califf, and Susan Mayne, the director of the agency’s Center for Food Safety and Applied Nutrition, in a statement. “The recent shutdown of a major infant formula plant, compounded by unforeseen natural weather events, has shown just how vulnerable the supply chain has become.”
The U.S. has tried to boost supply of baby formula after regulators in February shuttered a Michigan plant run by Abbott, the largest domestic manufacturer of baby formula, over safety concerns. The plant reopened June 4 after the company committed to additional sanitizing and safety protocols, but closed again in mid-June after severe weather caused damage to the plant.
The company said it needs time to assess damage and sanitize the factory again after severe thunderstorms and heavy rains swept through southwestern Michigan on June 13.
In May, the FDA eased federal import regulations to allow baby formula to be shipped to the U.S., and President Joe Biden authorized the use of the Defense Production Act, providing federal support to get formula from overseas into the U.S.
The White House said that by this coming Sunday, its efforts will have brought 43 million 8-ounce bottle equivalents of infant formula into the U.S. and FDA has cleared the equivalent of 400 million 8-ounce bottles for import into the U.S.
“Infant formula is an essential food product that is the sole source of nutrition for many babies in the U.S. Companies and their manufacturing facilities must meet rigorous FDA standards that ensure the formula is both safe and nutritious,” Califf and Mayne said. “These standards are necessary to protect our children and will not be sacrificed for long-term supply considerations.”
The FDA’s policy of temporary enforcement discretion is set to expire in November, but the administration says it will renew it if necessary to ensure domestic supply.
“Today’s announcement by the FDA will help ensure the infant formula supply market is less vulnerable to future supply shocks and will provide families with the confidence of steady access to a variety of safe infant formulas,” said White House spokesman Kevin Munoz. | https://www.conchovalleyhomepage.com/news/political-news/ap-politics/us-to-diversify-infant-formula-industry-to-avoid-shortages/ | 2022-07-07T11:25:03Z | https://www.conchovalleyhomepage.com/news/political-news/ap-politics/us-to-diversify-infant-formula-industry-to-avoid-shortages/ | false |
Your complete guide to the Nordstrom Anniversary Sale 2022
Nordstrom is not your typical store. It doesn’t cater to a clientele that lists low price as the top priority. Instead, the luxury department store chain focuses on quality.
Loyal Nordstrom customers look forward to the company’s biggest shopping event of the year: the Nordstrom Anniversary Sale. During this celebration, a wide selection of the best brands for women, men, children, beauty and the home go on sale for over two weeks.
It is such a large event that having a guide, so you know the best shopping strategies, can be extremely helpful. Here’s everything you need to know about the event, as well as suggest a few items to put on your wish list.
The Nordstrom Anniversary Sale
What is the Nordstrom Anniversary Sale?
The Nordstrom Anniversary Sale is the company’s biggest fashion event of the year. During an extended period, customers can experience deep discounts on brand-new arrivals as well as other wardrobe favorites.
What items will be included in the Nordstrom Anniversary Sale?
Nordstrom’s Anniversary Sale covers a sampling of everything in the store. You can purchase shoes, jeans, jackets and essentials, such as underwear, for both women and men. Children’s clothing will also be on sale.
Personal care and beauty products, such as moisturizers, fragrances, makeup and more, will be discounted. And, the savings won’t stop with you or your family members. You can get a wide range of discounted products for your home during this event as well. Nordstrom will offer deals on home decor, bedding, bath essentials, electronics, kitchen essentials and more.
Are popular brand name items included in the Nordstrom Anniversary Sale?
Yes. In fact, this event is known for its inclusion of top brands. According to Nordstrom, this year’s sale will include customer favorites from “Nike, UGG, Zella, La Mer, Olaplex, Voluspa, Estee Lauder, Free People, SPANX, Natori, Steve Madden, Kiehl’s Since 1851, Charlotte Tilbury, Barefoot Dreams, Jo Malone London, AllSaints, Vince and many more.”
When is the Nordstrom Anniversary Sale?
This year, the Nordstrom Anniversary sale will begin at 12:01 a.m. on July 15 for customers on the East Coast. If you live on the West Coast, the sale will begin at 9:01 p.m. on July 14.
Who can take part in the Nordstrom Anniversary Sale?
Anyone can shop the Nordstrom Anniversary Sale. There are no restrictions. You can purchase items online or stop in to shop in a brick-and-mortar store. However, if you are a Nordstrom cardmember, part of The Nordy Club, and you have reached a certain level of status, you will have early access to the sales. The three status levels are Influencer, Ambassador and Icon.
Influencer: Cardmembers who have achieved Influencer status will be able to access deals on July 9. To be eligible for Influencer status, a customer must purchase an annual minimum of $2,000 at Nordstrom locations.
Ambassador: Cardmembers who have achieved Ambassador status will be able to access deals on July 7. To be eligible for Ambassador status, a customer must purchase an annual minimum of $5,000 at Nordstrom locations.
Icon: Cardmembers who have achieved Icon status will be able to access deals on July 6. To be eligible for Icon status, a customer must purchase an annual minimum of $15,000 at Nordstrom locations using a Nordstrom credit card.
When does the Nordstrom Anniversary Sale end?
The Nordstrom Anniversary sale will end at 2:59 a.m. on Aug. 1 for customers on the east coast. If you live on the west coast, the sale will end at 11:59 p.m. on July 31.
How can I shop the Nordstrom Anniversary Sale?
Because this is Nordstrom’s most popular event, the stores are extremely busy. The company recommends staying at home and shopping online to have the best experience. By shopping online, you are ensured the best selection and you can connect with a Nordstrom stylist, if needed, to help you make the best purchase.
Additionally, the company offers free shipping and returns, curbside pickup and returns, expedited shipping, and in selected locations, same-day shipping.
Does Nordstrom Rack participate in Nordstrom’s Anniversary Sale?
The Nordstrom Anniversary Sale is only for Nordstrom and does not include Nordstrom Rack, the company’s clearance section for clothing that doesn’t sell during the season. However, you can return Anniversary Sale items to Nordstrom Rack stores.
How to make the most of the Nordstrom Anniversary Sale
Get the Nordstrom Anniversary Sale catalog
The first thing you need to do to prepare for the Nordstrom Anniversary Sale is to peruse the digital catalog. It is currently available online and offers a sneak peek at the event as well as information on trends, style tips, inspiration for outfits and more.
Join The Nordy Club
The Nordy Club is a club for loyal Nordstrom customers. When you join, you get access to a variety of benefits that include bonus point rewards which translate to savings. You also get exclusive benefits that include free basic alterations, first access to sale items, in-home stylists and more. To get started, just create a Nordstrom account.
Download the Nordstrom app
When you download and install the Nordstrom app, you have immediate access to a wide range of convenient shopping tools. You can track your rewards, personalize your shopping experience, track your purchase history, get notified when an item goes on sale, get notified when an item comes back in stock and more. With the Nordstrom app, as long as you have your mobile device on hand, you can shop.
Sign up for email updates
When you sign up for Nordstrom email updates, you will be among the first to learn about new fashion and beauty products as well as any upcoming sales and events.
Create a wish list
Arguably, the most important thing you need to do to get the most out of the Nordstrom Anniversary Sale is to create a wish list and fill it with everything you want or need. This way, you are prepared for the event so you don’t miss out on a single deal. And, if you also have the app, you will be notified when the best time to make a purchase is.
Items to add to your Nordstrom wish list now
Trish McEvoy The Power of Brushes Set
This travel-sized set has eight synthetic-bristle brushes, each designed for a specific purpose, and a case. It retails for $353, but during Nordstrom’s event, you can get it for just $158. Sold by Nordstrom
Fellow Stagg EKG Electric Kettle
If you are a fan of pour-over coffee, this high-quality option has a to-the-degree temperature control with a range of 135 to 212 degrees. During the anniversary sale, you can get it for $140.99. The after-sale price is $189. Sold by Nordstrom
Barefoot Dreams CozyChic Marble Pattern Throw Blanket
After Nordstrom’s event, this chic 45- by 60-inch throw blanket made of 100% polyester will be $168. During the event, you can get it for just $112.90. Sold by Nordstrom
Madewell The Oversized Shopper Bag
This oversized shopper bag is roomy enough to fit all your daily carry-alongs. It is made of rich, comfortable leather and will be on sale for $111.99. After the event, it will cost $168. Sold by Nordstrom
Naked Wardrobe All Snatched Up Sleeveless Body-Con Dress
Everyone needs a simple yet elegant dress as a wardrobe staple. This sleeveless option is made of lightweight compression fabric to reveal your curves. After Nordstrom’s sale, it will be $68. During the event, you can get it for $49.90. Sold by Nordstrom
Charlotte Tilbury Pillow Talk Lip Kit
This is a limited edition set of lip colors featuring Charlotte’s bestsellers. The range of shades has something for nearly any occasion. These six offerings have a $92 retail value, but you can get them during the sale for just $52. Sold by Nordstrom
Topshop Mixed Stitch Longline Cardigan
With its open front, long sleeves and texturally varying stitchwork, this cardigan will make a striking, unforgettable impression. During the sale, you can get it for $49.99. After July, this option will cost $68. Sold by Nordstrom
Zella Torrey Performance Shorts
These true-to-size shorts are meant for active men. They look great and move even better with lightweight stretch fabric that won’t restrict your activities. After the sale, they will cost $59. During the event, these shorts are just $39.90. Sold by Nordstrom
Mini Melissa x Disney Princess Mary Jane
Your little one will love these shoes. They are bubblegum-scented Mary Janes. They feature a layered bow with a glittery crown and cost just $34.99 during Nordstrom’s sale. After the event, the price will go up to $69. Sold by Nordstrom
Mini Boden Kids’ Sports Applique T-shirt
Comfort and style, this fun T-shirt has it all. The sporty design and breathable cotton fabric will make it a favorite for your little one. In August, the price will be $32. But during this event, you can get the shirt for just $23.99. Sold by Nordstrom
Mini Boden Kids’ Fun Rainbow Stripe Cotton Leggings
These fun, multicolored, cotton leggings are just what your little one needs to stay comfortable all day long. You can purchase them during the event for $17.99. The price will rise to $24 after the sale. Sold by Nordstrom
You can purchase this stylish PacSun cotton T-shirt with the signature logo for just $17.99 during the Nordstrom Anniversary Sale. If you wait until after the event, it will cost you $25. Sold by Nordstrom
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Allen Foster writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://www.conchovalleyhomepage.com/reviews/br/apparel-br/outerwear-br/what-you-can-expect-from-the-nordstrom-anniversary-sale-2022/ | 2022-07-07T11:25:50Z | https://www.conchovalleyhomepage.com/reviews/br/apparel-br/outerwear-br/what-you-can-expect-from-the-nordstrom-anniversary-sale-2022/ | true |
A 17-year-old Florida girl who was attacked by a 9-foot shark last week had her leg amputated Tuesday.
Addison Bethea, of Perry, was scalloping Thursday with her brother in Keaton Beach — in Taylor County — when a shark pulled her underwater, according to Tallahassee Memorial HealthCare.
The shark bit Addison’s upper right leg, causing her to lose her quadriceps, TMH said.
“The bite also caused massive nerve and vascular damage,” TMH said in a post. “The injuries to Addison’s leg are so extensive that they will require amputation just above the right knee, which will take place during surgery on Tuesday.”
Surgeons were able to restore blood flow to Addison’s leg by rebuilding the blood vessels but due to the nature of the injury surgeons will have to amputate the teen’s leg just above the knee — Addison is a school cheerleader and tennis player.
“This is the best-case scenario for Addison, and the best option to get her back to the most normal life possible,” Addison’s mother, Michelle, of Satellite Beach, Florida, said. “Addison got a little emotional today when we told her about the amputation,” her mother said, “but she has accepted it, and she knows this is her best path forward. She’s embracing it and trying to keep a positive outlook.”
A GoFundMe page was started to help the family with expenses. The fund has a goal of $40,000 and reached more than $28,800 by Tuesday afternoon.
On Monday, another possible shark attack occurred shortly before noon in New Smyrna Beach when a 28-year-old male surfer was bitten on his foot, according to Volusia County Beach Safety. The man, whose injuries were not life threatening, was driven to the hospital by a friend.
———
©2022 Orlando Sentinel. Visit at orlandosentinel.com. Distributed by Tribune Content Agency, LLC. | https://www.mlive.com/news/2022/07/florida-girl-loses-leg-after-attack-by-9-foot-shark.html | 2022-07-07T11:31:54Z | https://www.mlive.com/news/2022/07/florida-girl-loses-leg-after-attack-by-9-foot-shark.html | true |
Prominent European competition economist forms partnership with Keystone to create a new combined economic, technology, and strategy approach to antitrust in Europe
LONDON and BRUSSELS, July 7, 2022 /PRNewswire/ -- Keystone, a consultancy to top technology companies, government agencies and global law firms on matters of strategy, economics, technology, and competition, today announced it is entering Europe through a partnership with Cristina Caffarra.
Dr. Caffarra, a leading European expert in antitrust and competition economics, who headed the competition practice of Charles River Associates in Europe for over 10 years, will become a managing partner at Keystone and will lead the firm's European operations, with a team of competition economists working out of offices in London, Brussels, and Rome.
Keystone was founded by Greg Richards and Professor Marco Iansiti in 2003 and is one of the world's most prominent advisors to the technology sector, building deep expertise by handling high-profile cases with specific focus on the digital economy. Keystone's affiliates are all top academic experts on digital transformation, innovation, platform economics, computer science, strategic management, and ecosystems, supported by 150 professionals across its US offices.
The partnership with Dr. Caffarra has antitrust as the core offering in Europe, supported by Keystone's existing capabilities and experience of technology platforms and the digital economy.
Greg Richards, CEO and Co-Founder of Keystone, said of the new partnership: "For two decades Keystone has served global clients including the largest technology companies with counsel on matters involving litigation, regulation, and public policy. Now, with Europe and the UK becoming a leading force in antitrust and regulation of the digital sector, it is time to expand and bring the expertise we've built over the years to this important region. Cristina's exceptional performance and track record as an institution builder, straight-talking advisor and policy commentator are key to this."
Marco Iansiti, Keystone's Chairman of the Board and the David Sarnoff Professor of Business Administration at Harvard Business School, added: "Cristina is an outstanding individual and one of the leading minds in the competition space in Europe. She is a distinctive voice in enforcement and policy, with progressive views and an active participant in the global antitrust and regulatory discourse. The combination of her antitrust focus and Keystone's global economic, strategy and technology expertise, are going to be a powerful proposition and we are incredibly excited at what we can achieve together at such an interesting time for digital transformation and regulation in Europe."
Dr. Caffarra brings over two decades of competition economics experience. As top advisor and expert before the European Commission, the courts and competition agencies across Europe and beyond, she has provided guidance to multiple companies and agencies on mergers, conduct cases and regulatory controversies. Her experience includes landmark cases on the economics of platforms and the digital economy, for and adverse to companies such as Microsoft, Amazon, Apple, Google, Meta, Newscorp, Uber, as well as extensive experience in telecoms, television, and media.
Cristina Caffarra said: "The reality of enforcement and regulation in digital markets means it is no longer possible to be active in this space with traditional antitrust skills alone. Agencies themselves (like the CMA in the UK) are combining legal and economic expertise with technology, data, computer science, and strategy capabilities. It is increasingly essential to combine deep antitrust economics expertise, theory, and empirics, with insights into computer and data science, and an understanding of how firms' strategies are evolving. Business schools and computer scientists are working extensively on digital ecosystems in ways that dovetail with antitrust economics. Keystone provides the key capabilities to deepen and extend my core antitrust expertise, and I very much like the idea of a true partnership with like-minded, dynamic, and collaborative colleagues in a broader tent, to build something more curated, new, and unique in Europe."
The new Keystone office in London will serve as the European headquarters for the firm. Although Keystone has served major technology clients in the European region for the last decade, establishing a physical presence in the market will help the firm play a key role in future competition legislative, regulatory, and litigation matters while also attracting more talent to the business.
Keystone Strategy, LLC ("Keystone") is a leading innovative strategy, economic, and technology consulting firm dedicated to delivering transformative ideas and cutting-edge solutions to Fortune Global 500 companies, top law firms, and government agencies. It possesses unique expertise in competition, IP, litigation, and tax and transfer pricing matters, as well as technology-driven strategy and product development, across all sectors. This allows the firm to create bold strategies with far-reaching implications for business, consumers, and public policy. Keystone was founded by Mr. Richards and Professor Marco Iansiti, Keystone's Chairman of the Board and the David Sarnoff Professor of Business Administration at Harvard Business School. Keystone now boasts a roster of hundreds of top academic experts on the digital economy and innovation sectors, supported by over 150 professionals. In addition to London, the firm has offices in New York, San Francisco, Boston, and Seattle. Learn more about Keystone at www.keystone.ai.
Media Contact
Emily Leinbach
Director of Marketing
eleinbach@keystonestrategy.com
(857) 293-0670
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SOURCE Keystone Strategy | https://www.wafb.com/prnewswire/2022/07/07/keystone-enters-europe-through-new-partnership-with-cristina-caffarra/ | 2022-07-07T11:34:37Z | https://www.wafb.com/prnewswire/2022/07/07/keystone-enters-europe-through-new-partnership-with-cristina-caffarra/ | false |
Arsham Sheybani, MD of Washington University and Lori Pacheco of Orbis to discuss Mitosol®
12:00 noon EDT - https://www.facebook.com/ophthalmicprofessional
ST. LOUIS, July 7, 2022 /PRNewswire/ -- Mobius Therapeutics™, LLC, a St. Louis-based perioperative ophthalmic pharmaceutical company, will host a live stream discussion between Arsham Sheybani, MD of Washington University and Lori Pacheco, RN, CRNO of Orbis International. The stream may be accessed July 11 at 12:00 noon EDT at https://www.facebook.com/ophthalmicprofessional
"Mitosol® customers approach intraoperative use of antimetabolites from very different, yet closely allied positions," said Ed Timm, CEO of Mobius Therapeutics. "While their needs are distinct, resolution is found with the use of Mitosol®."
Mitosol® is the only FDA approved formulation of mitomycin-c bearing an ophthalmic indication. With room temperature storage and shelf life of up to 24 months, Mitosol® offers unique flexibility to providers, as its "shelf-ready" status permits on demand utility.
"Dr. Sheybani and Lori are renowned experts in their fields, offering impactful, real-world voices," continued Timm. "Having earned their advocacy and endorsement is a privilege. They tell us that Mitosol®, delivers value at every level: to the patient, the provider, and the American healthcare system."
Mobius Therapeutics is a commercial stage venture focused on sterile perioperative ophthalmic pharmaceuticals. Mitosol® (mitomycin for solution) 0.2 mg/vial, Kit for Ophthalmic Use, is the only formulation of mitomycin-c bearing an ophthalmic indication. Mobius maintains additional perioperative formulations in commercialization, as well as an active product pipeline. Please see full prescribing information at https://mitosol.com/mitosol-package-insert/.
CONTACT:
Ed Timm
Mobius Therapeutics, LLC
314-615-6932
Ed.Timm@MobiusTx.com
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SOURCE Mobius Therapeutics, LLC | https://www.wbrc.com/prnewswire/2022/07/07/mobius-therapeutics-host-livestream-discussion-july-11th/ | 2022-07-07T11:47:12Z | https://www.wbrc.com/prnewswire/2022/07/07/mobius-therapeutics-host-livestream-discussion-july-11th/ | false |
We keep waiting for the next generation of tennis players to usurp the legends of the game, and we’ll keep waiting.
Top-ranked American Taylor Fritz had second-seeded Rafael Nadal on the ropes. He was up two sets to one, and Nadal was visibly hampered by an abdominal injury he has been struggling with all Wimbledon.
The match was there for the taking, but the moment appeared to be too big for Fritz. At 36 years of age, Nadal outmuscled the young American to win 3-6, 7-5, 3-6, 7-5, 7-6 (10-4) to move into the Wimbledon semifinals once again.
“There were a lot of moments I was thinking I wouldn’t be able to finish the match,” Nadal said.
Fritz defeated Nadal earlier this year to win his maiden Masters 1000 title at Indian Wells, beating an exhausted Nadal, 6-3, 7-6 (5), to vault himself near the Top 10 of the rankings.
But best-of-five matches are a different story, and so too is beating one of the game’s legends at the game’s most iconic tournament.
Wednesday was 14 years to the day since Nadal and Roger Federer produced one of the greatest matches in the sport’s history, as Nadal won the 2008 Wimbledon title in a 4-hour, 48-minute five-set classic.
No matter how hampered Nadal was by a stomach muscle against Fritz, he wasn’t going to give it to him. Fritz needed to take the match, and he wasn’t ready.
Fritz isn’t alone in his apprehension to seize the crown.
Just two men who aren’t Federer, Nadal and Novak Djokovic have won majors since 2017 — that’s 19 of 21 tournaments captured by the game’s legends.
Federer is 40 years old, Nadal is 36 and Djokovic is 35. Somehow they’re still just toying with these kids.
The two exceptions were the 2020 and 2021 U.S. Opens. The former was only snagged by Dominic Thiem because Djokovic was defaulted in the fourth round after striking a ball boy. The latter was won by Daniil Medvedev with a resounding sweep of Djokovic — who ran out of gas attempting to win the calendar slam.
The next generation have had their chances, oh have they had their chances.
Take Tuesday for example, when Djokovic fell behind Jannik Sinner two sets to love in the quarterfinals on Centre Court. At that point, the killer that is Novak Djokovic smelled blood in the water.
“Sinner didn’t have anything to lose coming into the match, but he had a lot to lose from 2-0 up, and I felt that,” the 20-time Grand Slam champion said after the match, which he went on to win in five sets.
The Big 3 are gods among men, and it’s up to us mortals to take back the sport we once dominated many moons ago.
There was a time when Pete Sampras’ record 14 major titles seemed insurmountable, and it’s been surpassed thrice in the past 13 years.
When the moment has arisen for the next generation to dethrone the game’s greats, the moment always swallows them up. Once they can see the finish line, everything begins to unravel.
All Nadal had to do in the fifth-set tiebreak on Wednesday was make Fritz play, and inevitably, the 24-year-old American would crumble.
Fritz wasn’t just competing against the otherworldly talents of the Spanish lefthander — his fitness, his bruising topspin forehand and soft hands at the net — he was competing against a mountain of history.
Every fan in attendance at Wimbledon’s Centre Court knew Nadal would eventually find a way, and Fritz knew it too.
The Next Gen’s final hope at preventing another Nadal-Djokovic final is likely its best hope. Nick Kyrgios awaits Nadal on Friday, and the brash Australian is as equipped to get the job done as anyone, both physically and mentally.
While Nadal was scrambling around to complete the five-set comeback against Fritz, Kyrgios was cruising over Cristian Garin, 6-4, 6-3, 7-6 (5).
Kyrgios doesn’t suffer from the same fragility the rest of the next generation does. The Australian is arrogant, cocky and oozing in irreverence. If Kyrgios walks down Fritz’s path against Nadal, he’ll diverge on the final stretch. It’s just a question of if he can get there.
Even when playing one of the game’s legends, Kyrgios’ toughest opponent isn’t standing across the net. It’s himself. | https://www.times-news.com/sports/local_sports/alex-rychwalski-the-waiting-game-continues/article_8058096e-fd55-11ec-831b-677d595b23a7.html | 2022-07-07T11:49:18Z | https://www.times-news.com/sports/local_sports/alex-rychwalski-the-waiting-game-continues/article_8058096e-fd55-11ec-831b-677d595b23a7.html | true |
CAPE CORAL, Fla., July 7, 2022 /PRNewswire/ -- Ecological Laboratories, Inc. a Biotechnology company that develops and manufactures novel, proprietary, liquid microbial formulations capable of solving many of the most challenging environmental problems, announced that it has acquired TOMCO Chemical. TOMCO Chemical has provided bacterial products specifically to breakdown solids and reduce odors for Hog Farms in the United States.
"We are thrilled to bring together the TOMCO team with Ecological, which gives us critical mass to research, support and deliver against producer's farm waste challenges today and tomorrow." Said Ecological's CEO Nick Favret.
Ecological Laboratories, Inc. has been servicing the Hog Farming Waste Management Industry for more than forty years. By acquiring TOMCO, Ecological will be able to reach more farming leaders looking to use Biologically friendly solutions moving forward. TOMCO's premier product Pit-Perfect, a component of their In-Gest-O-Bac product series has been a tool used by farmers with great success. As Bio-Gas and Sustainable Agriculture continue to scale globally, Ecological recognizes the further demand of their microbial solutions.
Ecological's Farm Waste Management solutions under the brand MICROBE-LIFT is the most effective way to improve farm waste processes. With unmatched capabilities to breakdown waste, and reduce toxic gases. MICROBE-LIFT technology drives down costs, increases operation efficiency, provides return on investment and supports regulatory compliance.
"I am proud to announce the merger of TOMCO Chemical and Ecological Laboratories, Inc. By joining forces with Ecological we have the capacity to bring the best solution in waste management to a level that has not been seen before", said Tom Elsner President & CEO of TOMCO Chemical.
Ecological Laboratories, Inc. continues to innovate with our propriety microbial formulations focusing on solutions for the Commercial Waste Water, Farm Waste, Aquaculture, Composting, Eco-System Restoration and Bio Gas Industries as well as the Retail Water Garden, Lawn and Garden, Aquarium, Pet, Hydroponic and Septic markets.
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SOURCE Ecological Laboratories, Inc. | https://www.kwch.com/prnewswire/2022/07/07/ecological-laboratories-inc-announces-acquisition-tomco-chemical-bolster-reach-into-hog-farming-waste-management/ | 2022-07-07T11:53:09Z | https://www.kwch.com/prnewswire/2022/07/07/ecological-laboratories-inc-announces-acquisition-tomco-chemical-bolster-reach-into-hog-farming-waste-management/ | false |
‘I’ma show you how easy it is to cut ties’ – Lukaku appears to fire parting shot at Chelsea after leaving for Inter loan
Romelu Lukaku returned to Chelsea amid much fanfare in the summer of 2021, but a year on he finds himself back at Inter on loan and appears to have fired a “how easy it is to cut ties” parting shot at the Blues.
A £98 million ($117m) transfer took the Belgium international striker to Stamford Bridge for a second time on the back of two productive seasons at San Siro, with a Serie A title secured in the last of those campaigns.
He was recorded just 15 goals in west London as he struggled to get to grips with Thomas Tuchel's tactical system, and has retraced his steps to Italy on a season-long agreement that he may be hoping spells the end of another frustrating stint in England.
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Has Romelu Lukaku taken aim at Chelsea?
The 29-year-old’s latest post on Instagram has allowed for much reading between lines, with it easy to assume that the words he has chosen to use are being aimed in Chelsea's direction.
He has said: “I'ma probably show you I'm solid first and if the energy ain't right. I'ma show you how easy it is to cut ties, no more tries. Gone…”
Was Lukaku happy at Chelsea?
A bright start was made to a second spell with the Blues, as a debut goal was registered in a derby outing against Arsenal.
Lukaku failed to find a spark though, and caused controversy when admitting in an interview with Sky Sport Italia that he had never wanted to leave Inter.
He said: “The second year after we won the Scudetto, I went to speak with club chiefs and asked for a new contract. I did it because I told myself I'm 28 years old, my family feels great in Milan, I still have my flat there, my mother and my son could come and live there and we would all feel comfortable.
“They didn't want to extend my contract, the possibility wasn't there. It was tough for me to accept, because in my head I told myself that I would be able to do a few more years in Milan.
“If Inter offered me a new contract, I would have stayed 100 per cent. That goes without saying.” | https://www.goal.com/en-bh/news/lukaku-parting-shot-chelsea-inter-loan/bltde146290c6322f30 | 2022-07-07T11:56:40Z | https://www.goal.com/en-bh/news/lukaku-parting-shot-chelsea-inter-loan/bltde146290c6322f30 | true |
CUPERTINO, Calif. (AP) — Apple said it will roll out a “lockdown” option for iPhones, iPads and Mac computers intended to protect against spyware unleashed by state-sponsored hackers — although enabling that protection will also make these devices less useful.
The safeguard announced Wednesday is a tacit acknowledgement that not even Apple — the world’s most valuable company — has been able to adequately shield the iPhone and its other products against intrusions from state-backed hackers and commercial spyware. Governments have used these tools to violate the privacy of journalists, political dissidents and human rights activists.
The new feature, called “lockdown mode,” will initially be offered as a test version so that security researchers can help Apple identify any bugs or weaknesses. Apple usually releases its major updates to its device operating systems in late September.
While only a handful of countries appear to have the resources to develop in-house mobile phone hacking tools, private companies like Israel’s NSO Group have been selling phone hacking software to government agencies around the world for years.
The growing hacker-for-hire problem prompted Apple to file a federal lawsuit late last year against NSO Group for breaking into iPhones and other Apple products. In its complaint, Apple accused NSO Group employees of being “amoral 21st century mercenaries who have created highly sophisticated cyber-surveillance machinery that invites routine and flagrant abuse.”
NSO, which has been blacklisted by the U.S. Commerce Department, has denied any wrongdoing and said its products have been used to thwart child abusers and terrorists.
Unlike the security features that Apple builds into most of its software, the company’s lockdown feature is meant to serve as an emergency button that Apple expects will only be needed by a small number of its users.
The lockdown measure is considered a last resort for people targeted by spyware, since activating lockdown will disable many popular features. That includes sending attachments and links in texts, as well as the ability to receive FaceTime calls from new numbers. Web browsing will also be limited.
But Apple believes the extra layer of protection will be valuable to activists, journalists and other targets of hacking attacks launched by well-funded groups. Users will be able to activate and deactivate lockdown mode at will.
The growing use of encrypted communications through phone apps like WhatsApp and Signal have prompted governments to turn to commercial spyware vendors to gather information on targets.
Such mobile phone spyware vacuums up text messages, emails and photos while secretly controlling a smartphone’s microphones and cameras. Some of the more advanced tools can infect a phone using so-called “zero click” exploits that don’t depend on the user inadvertently activating them, such as by clicking on a malicious link.
Google, whose Android mobile phone platform is used by iPhone competitors, has also been targeted by commercial spyware vendors. The company’s Threat Analysis Group says it’s tracking more than 30 such companies and routinely publishes reports on exploits used to hack into phones, making them far less effective.
Google also offers an “Advanced Protection Program” that uses a special security key hardware to make user accounts harder to hack. The company said it strongly recommends the program for “journalists, activists, business executives, and people involved in elections.”
Separately, Apple also provided more details about a $10 million grant it pledged last November to help counter large-scale hacking attacks. The money will go to the Dignity and Justice Fund, a philanthropic arm of the Ford Foundation. | https://phl17.com/business/ap-business/apple-to-add-lockdown-safeguard-on-iphones-ipads-macs/ | 2022-07-07T11:58:10Z | https://phl17.com/business/ap-business/apple-to-add-lockdown-safeguard-on-iphones-ipads-macs/ | false |
EXCLUSIVE: British father falsely arrested for raping his own DAUGHTER by Greek cops is pictured reunited with her as he is released from prison - and celebrates with a beer and a kebab
- Philip Forsythe, 62, was arrested in Malia, Crete, after his daughter Tammi reported that she had been raped following a night out with him on June 9
- Tammi waived her right to anonymity as she protested her father's innocence
- Forsythe released from prison after DNA samples proved he was not attacker
A British father cleared of raping his own daughter on the Greek holiday island of Crete has been pictured reunited with her.
Philip Forsythe revealed how he celebrated being released from prison by devouring a kebab and knocking back a bottle of beer.
Mr Forsythe, 62, was arrested in the tourist town of Malia after his daughter Tammi reported that she had been raped following a boozy night out with him on June 9.
She bravely waived her right to anonymity to MailOnline as she protested his innocence and highlighted police failings in the case.
Mr Forsythe spent almost a month in custody but was released from a prison in Tripoli, on the Greek mainland on Wednesday night after DNA samples proved he was not the attacker.
Following a tearful reunion with Tammi, Mr Forsythe exclusively told MailOnline: 'The first thing I said to her was: "I love you. I'm sorry for what's happened, and I'll never let anybody hurt you like this again".
'We hugged for a very long time and were both crying. The whole thing was very emotional.'
Philip Forsythe has been pictured with his daughter Tammi after they were reunited following his release from prison
Following a tearful reunion with Tammi (pictured together after release), Mr Forsythe exclusively told MailOnline: 'The first thing I said to her was: "I love you. I'm sorry for what's happened, and I'll never let anybody hurt you like this again".'
He added: 'I then had a lovely kebab and washed it down with a bottle of beer because I hadn't eaten any decent food for almost a month. It tasted wonderful and was one of the best feelings in the world along with the fact that I'm a free man and am back with my daughter.
'The whole experience has been hell, the worst thing I've ever gone through and it's driven me crazy. It's left me crushed and devastated and I'm very angry about how me and my daughter have been treated.'
Tammi, 33, who was waiting for her father at a hotel in Crete cried: 'I was standing on the balcony looking out for him and when I saw him, I shouted: 'Dad, I'm here. I love you.'
'I rushed down to hug him and then took him to eat a kebab and drink a beer. It's the best day of my life to be back with him.'
Recalling the events of the past month, Mr Forsythe revealed that he was arrested by Greek police on July 11, two days after Tammi had reported being raped.
The couple had been drinking in the Help Bar, along Malia's main strip which is lined with rowdy bars and night clubs popular with Brits.
Mr Forsythe admitted that Tammi was 'horribly drunk' and that he started arguing with her as he attempted to get her back to their hotel, and she became verbally and physically aggressive.
Mr Forsythe, 62, (pictured with Tammi) spent almost a month in custody but was released from a prison in Tripoli, on the Greek mainland on Wednesday night after DNA samples taken from him proved he was not the attacker
Police were relying on CCTV from a local bar where Mr Forsythe, 62, had been drinking with his daughter before the attack (pictured), that showed the pair being physical with each-other
But DNA evidence collected from Tammi after the attack and supplied by Mr Forsythe has proved he did not commit the crime, meaning he has been released from jail
Police arrested him after viewing CCTV footage from the bar which they claimed showed that he had sexually assaulted his daughter.
Mr Forsythe cried: 'The police showed me the CCTV footage and asked me to explain what was going on. I told them that it was all innocent, just a father trying to get his drunken daughter back to her bed.
'But the police started shouting at me and said I was a rapist. I couldn't believe what I was hearing. I love my daughter so much, I'm very protective of her and couldn't ever imagine being accused of something so disgusting. It's one of the worst things a father can hear.'
The CCTV footage has been obtained by MailOnline with Mr Forsythe insisting: 'I want everybody to see it and look at it carefully. How can you arrest a man for rape just based on that? It's ridiculous.'
Mr Forsythe revealed that after stumbling out of the bar at around 4.55am he and Tammi continued to argue and that he angrily walked off but was planning to return to her but got lost.
Tammi also walked away and ended up slumped in a dead-end alley where she was raped.
The Crete resort town of Malia (above) is a popular holiday destination with Brit tourists flocking to the island every summer
Mr Forsythe cried: 'A part of me still blames myself. I shouldn't have left her like that, but I'd had a good drink myself and got lost. I eventually got back to the hotel and then a few hours later Tammi came back and told me she'd been raped.
'At first, I thought she was just saying it to get back at me because she was still angry but then after a while, we talked about what happened and I realised that it was true. I told her to report it to the police so we both went to the police station.'
He continued: 'We both gave statements, but I never realised that I would end up being accused of the crime. It was a complete shock to me when, two days later, they said I was the rapist and that Tammi had told them this, which was a complete lie.'
The father of four said that after being held in a police station he was eventually moved to Tripoli prison, where he was in a cell with 26 other inmates.
He was told that he was a free man by a prison officer who instructed him to pack his belongings.
Mr Forsythe said: 'I was over the moon when I heard those words. The other prisoners started clapping and cheering because they knew that I was an innocent man.
'I shook hands with all of them and then got the hell out of there as quickly as I could. The prisoners were a great bunch and took good care of me. Only one of them spoke English and he acted as my translator.'
Mr Forsythe revealed that the worst conditions he endured were in a detention centre on the Greek mainland prior to when he was moved to Tripoli prison.
Tammi told MailOnline that her dream holiday to Crete (pictured) has turned into a nightmare and she is using up her family's savings to stay there and support her father until she can go home and finally see her own four children again
He recalled: 'I was in a filthy cell for almost a week. It stank of excrement and urine and there were rats running around. You would not have put a dog in a place like that. At one point I didn't think I would be able to survive that but knowing that Tammi and other family members were supporting me got me through.'
Mr Forsythe, who lives in Hull with Tammi, a mother of four slammed Greek police for their handling of the investigation and urged them to find the real rapist.
He said: 'Once they saw the CCTV footage, they immediately made up their minds that I was guilty. All the police officers in the station were watching it and laughing, as if it was a TV show.
'The way this whole thing has been handled is disgusting and we are determined to get justice. Not only is my daughter a victim but so am I. I would like answers as to why we were treated like this?'
The father and daughter were on holiday together in Greece to celebrate Mr Forsythe's birthday and it was also the first time they have travelled abroad since the lifting of Covid restrictions.
Tammi revealed that she has been informed by Greek officials that DNA from the actual attacker has been obtained but they are unable to find him because she was unable to provide an adequate description.
Mr Forsythe fumed: 'The Greek police haven't done anything about finding the real rapist, even though they have his DNA. From the moment Tammi reported the crime, they just saw it as a case of drunken Brits on holiday not behaving themselves.
'I want other British people to know that they should be very careful in Greece because the justice system here and the police will not protect you.'
Greek police maintain that the investigation into the rape is still continuing but said that they could not provide any further details.
Mr Forsythe and Tammi said that they are hoping to return to the UK as quickly as possible.
He said: 'We've got some things to sort out in Crete and then we just want to get on a plane and back to Hull as soon as we can. I want to see the rest of my family and give them all a big hug and thank them for their support.
'I never want to return to Greece again. There are no words to describe the horror that Tammi and I have gone through. We just want to see justice done and return to our normal lives.' | https://www.dailymail.co.uk/news/article-10990999/British-father-falsely-arrested-raping-DAUGHTER-Greek-cops-reunited-her.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-07-07T12:00:01Z | https://www.dailymail.co.uk/news/article-10990999/British-father-falsely-arrested-raping-DAUGHTER-Greek-cops-reunited-her.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | false |
You need to enable JavaScript to run this app. | https://sportspyder.com/mlb/pittsburgh-pirates/articles/40004130 | 2022-07-07T12:01:09Z | https://sportspyder.com/mlb/pittsburgh-pirates/articles/40004130 | false |
VAUGHAN, ON and HEIDELBERG, Germany, July 7, 2022 /PRNewswire/ -- Bausch + Lomb Corporation (NYSE/TSX: BLCO) ("Bausch + Lomb"), a leading global eye health company dedicated to helping people see better to live better, and Novaliq GmbH, a biopharmaceutical company focusing on first- and best-in-class ocular therapeutics, today announced the submission of a New Drug Application (NDA) at the end of June to the U.S. Food and Drug Administration (FDA) seeking approval for NOV03 (perfluorohexyloctane), an investigational treatment with a proposed indication of treating the signs and symptoms of dry eye disease (DED) associated with Meibomian gland dysfunction (MGD).
"We are thrilled to have the potential to advance the care of people suffering from dry eye disease associated with Meibomian gland dysfunction. If approved by the FDA, NOV03 will be the first available therapy indicated to address the signs and symptoms for this patient population," said Joseph C. Papa, chairman and CEO, Bausch + Lomb. "The NOV03 filing is an example of the commitment of Bausch + Lomb toward bringing novel treatment options to the industry so that we can better serve patients."
DED is one of the most common ocular surface disorders, with approximately 18 million Americans diagnosed with DED.1,2 MGD is a major cause of the development and progression of evaporative DED, which is caused by a deficient tear film lipid layer that leads to increased tear evaporation.3 In one study, it was found that approximately 86% of patients with DED had MGD involvement.4
"We are working hand-in-hand with Bausch + Lomb to bring this novel treatment option, if approved, to the optometric and ophthalmic community so they can help address the needs of patients with dry eye disease associated with Meibomian gland dysfunction," said Christian Roesky, Ph.D., CEO, Novaliq. "This New Drug Application submission is a critical milestone and the first drug submission of a water-free therapy. We are excited to unfold the full potential of NOV03 by bringing this novel drug option for this condition to the United States."
About NOV03 (perfluorohexyloctane) Ophthalmic Solution
NOV03 is an investigational, proprietary, water-free, single-component preservative-free eye drop.5 In 2019, Bausch + Lomb acquired an exclusive license for the commercialization and development of NOV03 in the United States and Canada. Data from the first pivotal Phase 3 trial (GOBI) evaluating NOV03 (perfluorohexyloctane) were presented at the American Society of Cataract and Refractive Surgery (ASCRS) annual meeting in Washington, D.C. on April 24, 2022. Data from the second pivotal Phase 3 trial (MOJAVE) were presented at the Association for Research in Vision and Ophthalmology (ARVO) annual meeting in Denver on May 2, 2022. Results from the pivotal Phase 2 trial (SEECASE) were published in Cornea in September 2021.6 The clinical program for NOV03 concluded with the completion of a multi-center, open-label, single-arm, 12-month safety extension trial (KALAHARI).
About Novaliq
Novaliq is a biopharmaceutical company focusing on the development and commercialization of first- and best-in-class ocular therapeutics based on EyeSol®, the worldwide first water-free technology. Novaliq offers an industry-leading portfolio addressing today's unmet medical needs of millions of patients with eye diseases. Novaliq GmbH is headquartered in Heidelberg, Germany and Novaliq Inc. has an office in Cambridge, MA, USA. The long-term shareholder is dievini Hopp BioTech holding GmbH & Co. KG, an active investor in Life and Health Sciences companies. More on www.novaliq.com.
About Bausch + Lomb
Bausch + Lomb is dedicated to protecting and enhancing the gift of sight for millions of people around the world – from the moment of birth through every phase of life. Its comprehensive portfolio of more than 400 products includes contact lenses, lens care products, eye care products, ophthalmic pharmaceuticals, over-the-counter products and ophthalmic surgical devices and instruments. Founded in 1853, Bausch + Lomb has a significant global research and development, manufacturing and commercial footprint with more than 12,000 employees and a presence in nearly 100 countries. Bausch + Lomb is headquartered in Vaughan, Ontario with corporate offices in Bridgewater, New Jersey. For more information, visit www.bausch.com and connect with us on Twitter, LinkedIn, Facebook and Instagram.
Forward-looking Statements
This news release may contain forward-looking statements, which may generally be identified by the use of the words "anticipates," "hopes," "expects," "intends," "plans," "should," "could," "would," "may," "believes," "estimates," "potential," "target," or "continue" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, the risks and uncertainties discussed in Bausch + Lomb's filings with the U.S. Securities and Exchange Commission and the Canadian Securities Administrators, which factors are incorporated herein by reference. They also include, but are not limited to, risks and uncertainties caused by or relating to the evolving COVID-19 pandemic, and the fear of that pandemic and its potential effects, the severity, duration and future impact of which are highly uncertain and cannot be predicted, and which may have a material adverse impact on Bausch + Lomb, including but not limited to its project development timelines, launches and costs (which may increase). Readers are cautioned not to place undue reliance on any of these forward-looking statements. These forward-looking statements speak only as of the date hereof. Bausch + Lomb undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this news release or to reflect actual outcomes, unless required by law.
References
- Leonardi, A., Modugno, R. L., & Salami, E. (2021). Allergy and Dry Eye Disease. Ocular immunology and inflammation, 29(6), 1168–1176. https://doi.org/10.1080/09273948.2020.1841804.
- 2020 Dry Eye Products Market Report: A global Analysis for 2019 to 2025. Market Scope. Retrieved from https://www.market-scope.com/pages/reports/250/2020-ophthalmic-landscape-report-global-analysis-for-2019-to-2025-april-2021#reports.
- Geerling, Gerd et al. "Emerging strategies for the diagnosis and treatment of meibomian gland dysfunction: Proceedings of the OCEAN group meeting." The ocular surface vol. 15,2 (2017): 179-192. doi:10.1016/j.jtos.2017.01.006.
- Lemp, M. A., Crews, L. A., Bron, A. J., Foulks, G. N., & Sullivan, B. D. (2012). Distribution of aqueous-deficient and evaporative dry eye in a clinic-based patient cohort: a retrospective study. Cornea, 31(5), 472–478. doi: 10.1097/ICO.0b013e318225415a.
- In December 2019, Bausch Health acquired the rights from Novaliq GmbH to pursue development and commercialization of NOV03 for DED and combination products based on NOV03 in additional ophthalmic indications in the United States and Canada.
- Tauber J, Wirta DL, Sall K, Majmudar PA, Willen D, Krösser S; SEECASE study group. A Randomized Clinical Study (SEECASE) to Assess Efficacy, Safety, and Tolerability of NOV03 for Treatment of Dry Eye Disease. Cornea. 2021; 40(9):1132-1140.
All product/brand names and/or logos are trademarks of the respective owners.
© 2022 Bausch & Lomb Incorporated or its affiliates.
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SOURCE Bausch + Lomb Corporation | https://www.wkyt.com/prnewswire/2022/07/07/bausch-lomb-novaliq-announce-submission-new-drug-application-investigational-treatment-nov03-perfluorohexyloctane/ | 2022-07-07T12:02:09Z | https://www.wkyt.com/prnewswire/2022/07/07/bausch-lomb-novaliq-announce-submission-new-drug-application-investigational-treatment-nov03-perfluorohexyloctane/ | false |
Acquisitions support AIP's vertical integration strategy and add important transfer, disposal and treatment infrastructure further enhancing Waste Eliminator's recycling capabilities
HOUSTON and ATLANTA, July 7, 2022 /PRNewswire/ -- Waste Eliminator, LLC ("Waste Eliminator" or the "Company"), a leading regional provider of solid waste hauling, disposal and recycling services backed by industrial-focused private equity firm Allied Industrial Partners ("AIP"), today announced that it has acquired Gainesville Waste & Recycling ("GWAR") and Dawsonville Waste & Recycling ("DWAR"), both based in the Atlanta metropolitan area. Terms of the transactions were not disclosed.
Founded in 2007 by Kacy Cronan, GWAR is one of the premier recycling and composting operations in the Atlanta-metro area. GWAR, which partners with large corporate and industrial customers to assist in achieving their sustainability goals, is one of only five permitted biosolids composting companies in the state of Georgia. GWAR has been chosen to handle waste by several nationally recognized corporate due to its resourcefulness in diverting waste from landfills to other beneficial uses. Mr. Cronan will remain with Waste Eliminator as a partner, and will serve on the board of directors and the executive leadership team where he will be responsible for leading business development efforts.
"The acquisition of GWAR is a game-changer for Waste Eliminator, bringing important disposal and recycling infrastructure to the platform, and offering additional recycling capabilities to better serve our customers," said Wes Turner, Chief Executive Officer of Waste Eliminator. "The combined platform is now the largest independent waste management and environmental services business in metro-Atlanta. With the support from Allied Industrial Partners, we are well positioned to integrate these companies and grow further."
"Waste Eliminator shares our commitment to corporate sustainability initiatives and beneficial re-use, which makes them an ideal partner," said Mr. Cronan. "The demand for recycling and sustainability services among our client base is strong, and joining Waste Eliminator will provide us with the additional tools to address the market need."
Waste Eliminator also acquired DWAR, formerly known as 400 North Landfill, an inert landfill outside of Atlanta that handles, processes and recycles organic waste and inert materials that otherwise would be destined for a landfill. DWAR's facilities also includes transfer capacity for C&D and MSW waste.
"When we invested in Waste Eliminator, we saw an attractive opportunity to grow the platform and gain economies of scale in a fragmented market, and we're pleased to be delivering on that vision," said Bradford Rossi and Philip Wright, Co-Founders and Managing Partners of AIP. "Our continued investment in Waste Eliminator will further enhance the Company's recycling capabilities, which also aligns with AIP's own sustainability goals."
Over the past 18 months, AIP has consummated a total of seven acquisitions, consisting of three platform investments and four bolt-on acquisitions.
About Waste Eliminator
Waste Eliminator is a premier, full-service provider of waste collection, storage, removal, hauling, and recycling and landfill services to industrial and large commercial businesses and governmental entities across Metro-Atlanta. With state-of-the-art recycling capabilities, technology and equipment, and an impressive collection fleet, Waste Eliminator offers unparalleled service and can assist customers across the entire waste stream. For more information, visit www.wasteeliminator.com and www.gwarrecycle.com.
About Allied Industrial Partners
Founded in 2019 by an experienced group of operating executives and investment professionals, Allied Industrial Partners LLC is an operationally focused lower-middle market private equity firm that thematically invests in high-growth companies within defensive industrial subsectors, including industrial services, niche manufacturing, value-added distribution, waste management, environmental services, and critical infrastructure services. AIP seeks to partner with experienced management teams that can benefit from its operational enhancement capabilities and its active, hands-on involvement, which allows the firm to execute on buy and build strategies. For more information, visit www.alliedindustrialpartners.com.
Media Contacts:
Lambert
Jennifer Hurson
845-507-0571
jhurson@lambert.com
or
Caroline Luz
203-656-2829
cluz@lambert.com
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SOURCE Waste Eliminator, LLC | https://www.ktre.com/prnewswire/2022/07/07/allied-industrial-partners-backed-waste-eliminator-acquires-gainesville-waste-amp-recycling-dawsonville-waste-amp-recycling/ | 2022-07-07T12:02:25Z | https://www.ktre.com/prnewswire/2022/07/07/allied-industrial-partners-backed-waste-eliminator-acquires-gainesville-waste-amp-recycling-dawsonville-waste-amp-recycling/ | true |
DETROIT (AP) — Guitar icon Carlos Santana collapsed on stage during a show in Michigan and was rushed to a hospital, later blaming the episode on forgetting to eat or drink water.
Santana, 74, was “doing well” Wednesday after being taken from his show at Pine Knob Music Theatre in Clarkston, some 40 miles northwest of Detroit, to the emergency department at McLaren Clarkston for observation Tuesday night, manager Michael Vrionis in a statement.
“Just taking it easy,” the Rock & Roll Hall of Famer posted to Facebook just after midnight. “Forgot to eat and drink water so I dehydrated and passed out. Blessings and miracles to you all.”
Santana was released during the night from the hospital.
It was not immediately known when Santana would resume his tour, although Wednesday’s show at The Pavilion at Star Lake in Burgettstown, Pennsylvania, has been postponed. He and his band have been touring with Earth, Wind & Fire.
The tour has 21 dates left through late August before Santana — the artist behind such hits as “Oye Como Va″ and ”Black Magic Woman″ — is scheduled to head back to Las Vegas for his residency at the House of Blues.
In December, Santana canceled a number of performances in Las Vegas after he underwent an unspecified heart procedure. He and members of his band also tested positive for COVID-19 in February, canceling some dates. | https://wgntv.com/entertainment-news/ap-entertainment/rocker-carlos-santana-doing-well-after-collapsing-onstage/ | 2022-07-07T12:04:20Z | https://wgntv.com/entertainment-news/ap-entertainment/rocker-carlos-santana-doing-well-after-collapsing-onstage/ | false |
SYRACUSE, N.Y. (AP) — Former White House aide Cassidy Hutchinson’s testimony before the Jan. 6 committee was a big hit with television viewers, easily reaching a larger live audience than any of the four other daytime hearings.
Hutchinson’s riveting testimony about former President Donald Trump’s temper as plans to overturn the 2020 election fell apart was seen by 13.17 million people last week, the Nielsen company said.
That’s a 28% jump from the 10.25 million who watched the committee’s previous daytime hearing, and 23% over the average from the four daytime hearings. The committee’s first hearing, the only one televised in prime-time, was seen by 19.4 million people.
The committee had hurriedly scheduled a public session to hear Hutchinson’s testimony after expecting to be off until mid-July. Its leaders built up anticipation by trying to keep the identity of its witness a secret in advance.
Given that many people later heard parts of Hutchinson’s testimony online or in news reports, the actual number of people who heard what she said was bigger than the live coverage.
CBS was the most popular network in prime time last week, averaging 2.7 million viewers. NBC had 2.4 million, ABC had 2.1 million, Fox had 1.6 million, Univision had 1.2 million, Ion Television had 1 million, and Telemundo averaged 900,000.
Fox News Channel was the top-rated cable network in prime time, averaging 2.05 million viewers. MSNBC had 1.31 million, HGTV had 858,000, Hallmark had 730,000 and History had 685,000.
ABC’s “World News Tonight” led the evening news ratings race with an average of 7.2 million viewers. NBC’s “Nightly News” had 6.1 million and the “CBS Evening News” had 4.3 million.
For the week of June 27-July 3, the 20 most-watched programs in prime time, their networks and viewerships:
1. “America’s Got Talent,” NBC, 5.98 million.
2. “60 Minutes,” CBS, 4.35 million.
3. “FBI,” CBS, 3.63 million.
4. “60 Minutes” (Sunday, 8 p.m.), CBS, 3.598 million.
5. “The Price is Right” (Wednesday, 9 p.m.), CBS, 3.586 million.
6. “The Price is Right” (Wednesday, 8 p.m.), CBS, 3.36 million.
7. “Celebrity Family Feud” (Monday, 9 p.m.), ABC, 3.33 million.
8. “NCIS,” CBS, 3.32 million.
9. “Celebrity Family Feud” (Monday, 8 p.m.), ABC, 3.31 million.
10. “Young Sheldon,” CBS, 3.24 million.
11. “The Neighborhood,” CBS, 3.22 million.
12. “Tucker Carlson Tonight” (Wednesday), Fox News, 3.18 million.
13. “Tucker Carlson Tonight” (Monday), Fox News, 3.162 million.
14. “FBI: Most Wanted,” CBS, 3.161 million.
15. “Tucker Carlson Tonight” (Tuesday), Fox News, 3.13 million.
16. “FBI: International,” CBS, 3.1 million.
17. “NCIS: Hawai’i,” CBS, 3.06 million.
18. “America’s Funniest Home Videos,” ABC, 3.01 million.
19. “Chicago Fire,” NBC, 2.95 million.
20. “Hannity” (Wednesday), Fox News, 2.58 million. | https://wgntv.com/politics-3/ap-politics/hutchinsons-jan-6-committee-testimony-a-television-hit/ | 2022-07-07T12:05:18Z | https://wgntv.com/politics-3/ap-politics/hutchinsons-jan-6-committee-testimony-a-television-hit/ | false |
Shareholders to Receive $34.00 Per Share in Cash, Providing Immediate, Compelling and Certain Value
Transaction Follows Deliberate Review, Including Outreach to Potential Strategic and Financial Partners
CINCINNATI and SEOUL, South Korea, July 7, 2022 /PRNewswire/ -- Meridian Bioscience, Inc. ("Meridian" or the "Company") (NASDAQ: VIVO), a leading global provider of diagnostic testing solutions and life science raw materials, and SD Biosensor, Inc. ("SDB") (KOSE: A137310) and SJL Partners LLC ("SJL") (collectively, the "Consortium") announced today that they have entered into a definitive merger agreement whereby a newly formed affiliate vehicle of the Consortium will acquire Meridian in an all-cash transaction valued at approximately $1.53 billion.
Under the terms of the agreement, Meridian shareholders will receive $34.00 per share in cash, which represents a premium of approximately 32% over Meridian's closing stock price on the day before the Consortium's first offer before the market open on March 18, 2022 (closing price on March 17, 2022 was $25.67) and a premium of 16% based on the one-month average price per share of common stock commencing June 7, 2022.
John C. McIlwraith, Meridian's Chairman, said, "This announcement follows an extensive and deliberate review of Meridian's growth and value creation opportunities in the context of the broader macroeconomic and industry environment. In consultation with external financial advisors and following outreach to potential strategic and financial partners, the Board unanimously agreed that this transaction represents the best path forward for Meridian shareholders, providing them with immediate, compelling and certain value, while enabling the Company to benefit from SDB's and SJL's capital support, expertise and experience."
"We are excited to announce this new chapter for Meridian after the many years spent transforming the Company for sustainable growth," commented Jack Kenny, Meridian's Chief Executive Officer. "In addition to delivering immediate and significant value to our shareholders, we believe the transaction will enhance our ability to serve customers as we navigate the decline in COVID-19 testing demand and develop new products with the benefit of SDB's industry expertise and complementary offerings. Current and prospective employees around the world will also benefit from an even stronger Meridian supported by SDB's and SJL's financial backing and experience. I look forward to working with SDB and SJL and the rest of our Meridian team to build long-term strength and drive further growth in the diagnostics space."
Dr. Young Shik Cho, Chairman of SDB, representing the Consortium said, "We are pleased to be a family with Meridian Bioscience as a great partner for accelerating our entry into the U.S. IVD market. I believe that SD Biosensor's R&D capabilities and mass production know-how, Meridian Bioscience's U.S. distribution network and expertise in the regulated U.S. market, and SJL Partners' strong management expertise will enable compelling synergies."
Steve Sukjung Lim, Chairman and Managing Partner of SJL, said, "We are eager to begin this partnership with the Meridian team. The combination of Meridian's product commercialization team with deep expertise in the regulated U.S. market, SDB's broad product portfolio and scale manufacturing expertise, and SJL's execution experience and partnership model will further position the Company for long-term success."
Completion of the transaction is not contingent on any financing condition. SDB, which is obligated to ensure that the Consortium funds the acquisition, will do so, together with SJL, through a combination of cash on hand and additional financing capacity, leveraging its strong balance sheet. Under the terms of the merger agreement, which has been unanimously approved by the boards of directors of Meridian and SDB, and the investment committee of SJL, the newly formed vehicle will acquire 100% of the outstanding shares of the Company. The transaction is subject to approval by Meridian shareholders, receipt of required regulatory approvals, the absence of specified materially adverse outcomes of Meridian's previously disclosed and ongoing investigation by the U.S. Department of Justice, and other customary closing conditions. The transaction is expected to close in the fourth calendar quarter of 2022. Upon completion of the transaction, it is expected that SDB will own approximately 60% and SJL will own approximately 40% of Meridian. Meridian will no longer be traded or listed on any public securities exchange.
The Consortium intends to operate Meridian as an independent entity following the completion of the transaction and the Company's leadership team and headquarters are expected to remain in place.
This morning, Meridian separately announced preliminary results for the third quarter of fiscal 2022. Full financial results for the third quarter of fiscal 2022 will be released before the market opens on August 5, 2022. In light of the transaction with the Consortium, the Company will not host a conference call to discuss fiscal third quarter earnings.
Rothschild & Co is serving as exclusive financial advisor and Jones Day and Keating Muething & Klekamp PLL are serving as legal counsel to Meridian.
Piper Sandler & Co. is serving as exclusive financial advisor and Paul Hastings LLP is serving as legal counsel to the Consortium.
This communication contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words like "may," "will," "likely," "should," "expect," "anticipate," "future," "plan," "believe," "intend," "goal," "seek," "estimate," "project," "continue," and variations of such words and similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: (1) economic or other conditions in the markets in which Meridian Bioscience, Inc. (the "Company") operates, including as a result of the COVID-19 pandemic or the Russia-Ukraine conflict; (2) the timing, receipt and terms and conditions of any required governmental and regulatory approvals of the proposed transaction that could reduce anticipated benefits or cause the parties to abandon the proposed transaction; (3) the occurrence of any event, change or other circumstances that could give rise to the termination of the merger agreement entered into pursuant to the proposed transaction; (4) the possibility that the Company's shareholders may not approve the proposed transaction; (5) the risk that the parties to the merger agreement may not be able to satisfy the conditions to the proposed transaction in a timely manner or at all; (6) risks related to distraction of the Company's management time from ongoing business operations due to the proposed transaction; (7) the risk that any announcements relating to the proposed transaction could have adverse effects on the market price of the Company's common stock; (8) the risk of any unexpected costs or expenses resulting from the proposed transaction or the delay thereof; (9) the risk that the outcome of any legal proceedings related to the transaction could be material to the Company or detrimental to the proposed transaction; (10) the risk that Company may be adversely affected by other economic, business, or competitive factors; and (11) the effect of the announcement of the transaction on the ability of the Company to retain and hire key personnel and maintain relationships with customers, suppliers and others with whom the Company does business, or on the Company's operating results and business generally. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by these forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.
Additional factors that may affect the future results of the Company are set forth in its filings with the Securities and Exchange Commission (the "SEC"), including the Company's most recently filed Annual Report on Form 10-K, subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other filings with the SEC, which are available on the Company's website at www.investor.meridianbioscience.com and the SEC's website at www.sec.gov, specifically under the heading "Risk Factors". The risks and uncertainties described above and in the Company's most recent Quarterly Report on Form 10-Q are not exclusive and further information concerning the Company and its businesses, including factors that potentially could materially affect its businesses, financial condition or operating results, may emerge from time to time. Readers are urged to consider these factors carefully in evaluating these forward-looking statements, and not to place undue reliance on any forward-looking statements. Readers should also carefully review the risk factors described in other documents that the Company files from time to time with the SEC. The forward-looking statements in these materials speak only as of the date of these materials. Except as required by law, the Company assumes no obligation to update or revise these forward-looking statements for any reason, even if new information becomes available in the future.
In connection with the proposed transaction, the Company intends to file relevant information with the SEC, including a proxy statement on Schedule 14A. This communication is not a substitute for the Proxy Statement or for any other document that the Company may file with the SEC and send to its shareholders in connection with the proposed transaction. Promptly after filing its definitive proxy statement with the SEC, the Company will mail the definitive proxy statement to each shareholder entitled to vote at the special meeting relating to the transaction. THE COMPANY'S SHAREHOLDERS ARE URGED TO CAREFULLY READ THE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO AND ANY DOCUMENTS INCORPORATED BY REFERENCE THEREIN) AND ANY OTHER RELEVANT DOCUMENTS IN CONNECTION WITH THE TRANSACTION THAT THE COMPANY WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE TRANSACTION AND THE PARTIES TO THE TRANSACTION. The definitive proxy statement, the preliminary proxy statement, other relevant materials in connection with the transaction (when they become available) and any other documents filed by the Company with the SEC, may be obtained free of charge at the Company's website (www.investor.meridianbioscience.com) or the SEC's website (www.sec.gov). These documents may also be obtained free of charge from the Company by requesting them by mail at 3471 River Hills Drive, Cincinnati, OH 45244, Attention: Charlie Wood, Vice President – Investor Relations, or by email at mbi@meridianbioscience.com.
The Company and its directors and executive officers may be deemed, under SEC rules, to be participants in the solicitation of proxies from the Company's shareholders in connection with the transaction. You may obtain information about the Company's executive officers and directors in the Company's definitive proxy statement for its 2022 annual meeting of shareholders, which was filed with the SEC on December 15, 2021. To the extent holdings of such participants in the Company's securities are not reported, or have changed since the amounts described in the proxy statement for the 2022 annual meeting of shareholders, such changes have been reflected on the Initial Statements of Beneficial Ownership on Form 3 or Statements of Change in Ownership on Form 4 filed with the SEC. These documents may be obtained free of charge at the Company's website (www.investor.meridianbioscience.com) or the SEC's website (www.sec.gov). Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the Proxy Statement and other relevant materials to be filed with the SEC in connection with the proposed transaction when they become available.
About SJL Partners
SJL is a Korea-based private equity investment manager uniquely focused on cross-border partnership investments with market-leading strategic companies to support their inorganic growth in international markets. SJL's portfolio includes investments into Momentive Performance Materials, a U.S.-based global leader in specialty silicones and silicone derivatives, Momentive Technologies, a leader in fused quartz and ceramic solutions, and Nexeon, a U.K.-based technology leader in anode materials for rechargeable batteries. Additional information is available at www.sjlpartners.com.
About SD Biosensor, Inc.
SD Biosensor, Inc., which is listed in KOSPI, is a global in-vitro diagnostics company that contributes to improving quality of life by diagnosing diseases quickly and accurately under the slogan 'Beginning of all things that protect lives.' SD Biosensor is a Total Solution Provider in the IVD industry, developing and researching innovative diagnostic platforms. From screening tests that general users can easily purchase and use oneself, such as BGMS and COVID-19 home test kit, to confirmatory tests that can check diseases qualitatively and quantitatively through medical staff like PCR, we have a diverse and comprehensive products portfolio. Our strengths are R&D capabilities, global sales network and mass production capacity. We are able to quickly develop new infectious diseases' products in many different platforms because of many experiences in the past in developing MERS, Ebola, and Zika antigen tests. Also, we provide many kinds of diagnostic products to 126 countries around the world through 517 designated dealers. SD Biosensor has WHO, ISO and KGMP approved top-tier production capacity in Korea. Additionally, we operate 3 factories in India, Indonesia and Brazil to increase cost effectiveness and prompt distribution. For further information, refer to our official website at https://www.sdbiosensor.com/.
About Meridian Bioscience, Inc.
Meridian is a fully integrated life science company that develops, manufactures, markets, and distributes a broad range of innovative diagnostic products. We are dedicated to developing and delivering better solutions that give answers with speed, accuracy, and simplicity that are redefining the possibilities of life from discovery to diagnosis. Through discovery and development, we provide critical life science raw materials used in immunological and molecular tests for human, animal, plant, and environmental applications. Through diagnosis, we provide diagnostic solutions in areas including gastrointestinal and upper respiratory infections and blood lead level testing. We build relationships and provide solutions to hospitals, reference laboratories, research centers, veterinary testing centers, physician offices, diagnostics manufacturers, and biotech companies in more than 70 countries around the world.
Meridian's shares are traded on the NASDAQ Global Select Market, symbol VIVO. Meridian's website address is www.meridianbioscience.com.
Investor Contact:
Charlie Wood
Vice President – Investor Relations
Meridian Bioscience, Inc.
Phone: +1 513.271.3700
Email: mbi@meridianbioscience.com
Media Contact:
Bryan Locke / Monique Sidhom
FGS Global
Email: MeridianBioscience-FGS@sardverb.com
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BERLIN, July 7, 2022 /PRNewswire/ -- Spark Networks SE (NASDAQ: LOV), a leading social dating platform for meaningful relationships, has named Michael McConnell and Ulrike Handel to the slate of potential members of its Administrative Board to be voted on at its annual meeting of shareholders scheduled for August 31, 2022.
Mr. McConnell formerly served as a Managing Director of Shamrock Capital Advisors, a private investment company managing funds for the Roy E. Disney family and institutional investors. He has also served as an interim Chief Executive Officer or Executive Chairman for four publicly listed companies, including Spark, and has served on the boards of directors of sixteen publicly listed companies in the United States, Australia, New Zealand, and Israel. Mr. McConnell served at Osmium's behest on the board of Vitacost Limited, which underwent a strategic alternatives process culminating in a sale to the Kroger Co.
Dr. Handel serves as a member of the Executive Board of Axel Springer SE and currently heads its News Media Europe & Marketing Media division. Prior to that, she was the Chief Executive Officer of Dentsu International (Germany and DACH); before that, Dr. Handel served as Chief Executive Officer and Chairman of ad pepper media International N.V.
"We are eager to benefit from the wealth of experience that both Mike and Ulrike bring," said Colleen Birdnow Brown, Chair of Spark's Administrative Board, "as well as the fresh perspectives of two new members. We look forward to working with both."
Mr. McConnell was first recommended by Osmium Partners, which holds an approximate 22% stake in Spark. Osmium Chief Investment Officer John Lewis said, "I have worked with Mike firsthand and believe he is an outstanding and committed advocate of maximizing shareholder value. As a former Spark board member, he understands the online dating business. I believe Mike's long history of leadership, coupled with his experience advising strategic alternative processes, make him an ideal addition to the Board. Osmium is pleased support the entire slate of Board members proposed by the Company."
Spark Networks SE (NASDAQ: LOV) is a leading social dating platform for meaningful relationships focusing on the 40+ demographic and faith-based affiliations. Spark's widening portfolio of premium and freemium dating apps include Zoosk, EliteSingles, SilverSingles, Christian Mingle, Jdate, and JSwipe, among others. Spark is headquartered in Berlin, Germany, with offices in New York and Utah.
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, statements involving known and unknown risks, uncertainties, and other factors that may cause Spark Networks' performance or achievements to be materially different from those of any expected future results, performance, or achievements. These statements include, without limitation, statements regarding whether Mr. McConnell and Dr. Handel will be elected to our Administrative Board; whether we will hold our annual meeting of shareholders as anticipated; whether we will benefit from the experience and perspectives of Mr. McConnell and Dr. Handel; whether Mr. McConnell will be an ideal addition to our Board; and whether Osmium will support the proposed Board slate as anticipated. Any statements in this press release that are not statements of historical fact may be considered to be forward-looking statements. Written words, such as "believes," "hopes," "intends," "estimates," "expects," "projects," "plans," "anticipates," "guides," and variations thereof, or the use of future tense, identify forward-looking statements. By their nature, forward-looking statements and forecasts involve risks and uncertainties because they relate to events and depend on circumstances that will occur in the near future. There are a number of factors that could cause actual results and developments to differ materially. Additional factors that could cause actual results to differ are discussed under the heading "Risk Factors" in Spark Networks' most recent Annual Report on Form 10-K and in other sections of Spark Networks' filings with the Securities and Exchange Commission ("SEC"), and in Spark Networks' other current and periodic reports filed or furnished from time to time with the SEC. All forward-looking statements in this press release are made as of the date hereof, based on information available to the Company as of the date hereof, and the Company assumes no obligation to update any forward-looking statement except as required by law.
Contact
Investors:
Todd Kehrli
MKR Investor Relations, Inc.
lov@mkr-group.com
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SOURCE Spark Networks SE | https://www.wkyt.com/prnewswire/2022/07/07/spark-networks-proposes-two-new-directors-its-administrative-board-slate/ | 2022-07-07T12:06:51Z | https://www.wkyt.com/prnewswire/2022/07/07/spark-networks-proposes-two-new-directors-its-administrative-board-slate/ | true |
LONDON and MIAMI, July 7, 2022 /PRNewswire/ -- TympaHealth is pleased to announce Lord David Prior as their Chairman. David comes with many years of experience in health and banking. He has recently stepped down as Chairman of the UK National Health Service (NHS), a position he held from November 2018 – April 2022. Before that, he was a Minister in the Department of Health, Chairman of the Care Quality Commission, and Chairman of University College London Hospitals NHS Foundation Trust. He still serves as Deputy Chairman of Lazard in London and chairs the Cambridge Life Sciences Council.
David first became aware of TympaHealth a few years ago as a trailblazing NHS spin-out company and one of the case studies for the NHS England Clinical Entrepreneur Program. On meeting Dr. Krishan Ramdoo, an NHS ENT Surgeon, he was inspired by Krishan's vision to digitise the ear and hearing care pathway and take services safely out of the hospital setting into the community.
"We are thrilled to welcome David as our Chairman. He brings invaluable experience at a pivotal time for us as a company. Tympa has supported more than 200,000 patients to date and is now nearing 12,000 patient interactions per month through multiple sectors. David will help us develop and drive continued growth, not only in the UK but as we take the next steps into the US market and global stage." – Dr. Krishan Ramdoo | CEO TympaHealth
David said, "I am absolutely delighted to be joining the Tympa team to help them in this growth phase of their journey. They have developed exciting, world-class British technology which I am delighted to support. I am equally proud that it is a company born out of the NHS, one of the world's greatest universal healthcare systems".
Lord Prior joins an impressive team of investors, entrepreneurs, and executives backing TympaHealth as the next-generation platform for hearing care and wellness. "We're excited to have Lord Prior's leadership as Tympa builds on the tremendous clinical and patient-driven adoption to date," said Jim Breyer, CEO & Founder of Breyer Capital and a globally recognized technology investor who participated in Tympa's most recent financing. "David's experience in leading the NHS and its efforts to expand community access to care aligns well with Tympa's mission to improve hearing health awareness, access, and treatment globally."
For more information, please visit the Company's website at tympahealth.com
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SOURCE Tympa Health Technologies Ltd | https://www.wcjb.com/prnewswire/2022/07/07/hearing-health-tech-company-tympahealth-appoints-lord-david-prior-chairman/ | 2022-07-07T12:06:55Z | https://www.wcjb.com/prnewswire/2022/07/07/hearing-health-tech-company-tympahealth-appoints-lord-david-prior-chairman/ | false |
Expanding Mercer Advisors' East Coast Presence
DENVER, July 7, 2022 /PRNewswire/ -- Mercer Global Advisors, Inc. ("Mercer Advisors"), a national Registered Investment Adviser (RIA), today announced the acquisition of Harrison & Company Wealth Management, LLC ("HCO""). HCO, a respected wealth management firm located in Roanoke, VA, serves approximately 120 clients with assets under management (AUM) of approximately $150 million. HCO was founded by Bruce Harrison CFP®, Senior Partner. HCO's team will also be joining Mercer Advisors.
HCO's approach to financial management begins with financial planning and investment management but goes much further to enable clients to achieve confidence and clarity about every aspect of their financial life.
Commenting on the transaction, Bruce H. Harrison, ("Bruce") stated: "My partner Ian and I wanted to expand our service offering and also offload onerous, time-consuming responsibilities to free us up to do what we do best, servicing our clients at the highest level and winning new ones. We were introduced to David Barton, Vice Chairman and Head of M&A at Mercer Advisors to discuss our option set and see if partnering with Mercer Advisors made sense. After meeting with David, we loved the in-house family office services they offer like estate planning, tax return preparation, corporate trustee services, etc., all while taking over our back-office duties and creating excess capacity for us. It was a perfect fit for me and my partner Ian A. Hamre, CFA®, our team, and our clients."
David Barton, Vice Chairman and former CEO of Mercer Advisors, who led this acquisition stated: "Bruce and Ian were looking to build scale to create necessary leverage or join a like-minded firm that already climbed that mountain. They chose to join us and the cultural fit between our two firms is superior. This is a win-win transaction for all concerned and this acquisition builds on our already deep presence in the Virginia, D.C. area.
Dave Welling, Chief Executive Officer of Mercer Advisors, said, "Bruce and Ian have built a great business, a strong team, and they are highly respected wealth management professionals. We are thrilled they are joining the Mercer Advisors' team and expanding our presence in Virginia. We look forward to working together to help deliver meaningful results for our shared clients."
Established in 1985, Mercer Global Advisors Inc. ("Mercer Advisors") is a total wealth management firm that provides comprehensive, fee-based investment management, financial planning, family office services, retirement benefits and distribution planning, estate and tax planning, insurance solutions, and corporate trustee and trust administration services. Mercer Advisors Inc. is a parent company of Mercer Global Advisors Inc. (RIA), majority owned by both Oak Hill Capital and Genstar Capital, one of the largest Registered Investment Advisors and financial planning firms in the U.S. with over $38 billion in client assets. Headquartered in Denver, Mercer Advisors is privately held, has over 670 employees, and operates nationally through 60+ offices across the country. For more information, visit www.merceradvisors.com.
Data as of March 31, 2022. AUM includes affiliates and wholly owned subsidiaries.
Mercer Global Advisors Inc. is registered with the Securities and Exchange Commission and delivers all investment-related services. Mercer Advisors Inc. is the parent company of Mercer Global Advisors Inc. and is not involved with investment services.
Mercer Advisors is not a law firm and does not provide legal advice to clients. All estate planning documentation preparation and other legal advice is provided through its affiliation with Advanced Services Law Group, Inc. Corporate trustee services are offered through National Advisors Trust Company. Tax preparation and tax filing are a separate fee from Mercer Advisors' investment management and planning services.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements. CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
Contact: Chris Tofalli
Chris Tofalli Public Relations, LLC
914-834-4334
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Samsung will employ Ansys' electromagnetic simulation tool suite to develop state-of-the-art designs, including 5G/6G, on the most advanced process technologies
Key Highlights
- Ansys' simulation solutions will provide Samsung developers with a comprehensive electromagnetics-aware design flow to improve productivity and reduce design risk
- Samsung designers will benefit from Ansys' advanced capacity, speed, and integration capabilities to accelerate electromagnetic design cycle times by a factor of 10 and reduce time to market
- Ansys' cutting-edge design features, such as automatic annotation, will optimize Samsung's on-chip design through faster, more predictively accurate calculations and modeling
PITTSBURGH, July 7, 2022 /PRNewswire/ -- Samsung Foundry will engage Ansys' (NASDAQ: ANSS) industry-leading electromagnetic (EM) simulation tools to develop ultramodern designs, including 5G/6G, on the most advanced chips, nodes, and process technologies. Ansys' simulation solutions will deliver a comprehensive EM-aware design flow with greater capacity, speed, and integration capabilities for Samsung's most advanced semiconductor technology, accelerating on-chip design cycle times to boost high-speed connectivity while helping to reduce design error and risk.
Samsung designers will leverage Ansys' EM design tools, Ansys RaptorX, Ansys VeloceRF, and Ansys Exalto, to help reduce time to market by two to three weeks on smaller designs and up to two months for complex designs. With automation capabilities that optimize calculations and modeling, coupled with larger capacity, Ansys' software will allow the Samsung team to design at faster speeds with higher fidelity.
"Electronic systems and process technologies are constantly evolving and therefore require leading-edge EM design capabilities," said Sangyun Kim, corporate vice president of the Foundry Design Technology Team at Samsung Electronics. "We believe that Ansys' simulation solutions meet these challenges and will deliver the highest level of proficiency for our design needs, while reducing design time, cost, and risk."
By integrating Ansys' EM solutions, Samsung designers can model complex on-chip scenarios, including dummy tiles, which comprise millions of metal pieces in a fraction of the time. Additionally, Ansys' near real-time modelling capabilities safeguard designs from EM interference, which helps significantly lower the risk of chip failure.
"EM is a primary challenge for chip designers as connectivity demands increase and technologies advance worldwide," said John Lee, vice president and general manager of the electronics, semiconductor, and optics business unit at Ansys. "At Ansys, we ensure that our simulation solutions not only meet these rising demands but remain ahead of them. We are confident that Ansys' EM design portfolio is well-equipped to serve the Samsung team with the tools they need to optimize their on-chip designs."
Ansys and Samsung have a long history of collaboration that delivers advanced solutions, including power integrity and electromigration signoff solutions for low-power mobile and high-performance computing applications.
When visionary companies need to know how their world-changing ideas will perform, they close the gap between design and reality with Ansys simulation. For more than 50 years, Ansys software has enabled innovators across industries to push boundaries by using the predictive power of simulation. From sustainable transportation to advanced semiconductors, from satellite systems to life-saving medical devices, the next great leaps in human advancement will be powered by Ansys.
Take a leap of certainty … with Ansys.
Ansys and any and all ANSYS, Inc. brand, product, service and feature names, logos and slogans are registered trademarks or trademarks of ANSYS, Inc. or its subsidiaries in the United States or other countries. All other brand, product, service and feature names or trademarks are the property of their respective owners.
ANSS–T
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SAN DIEGO (AP) — One note submitted to the federal judge sentencing a 38-year-old California woman for embezzlement claimed that a biopsy had revealed “cancerous cells” in her uterus. Another indicated that she was undergoing a surgical procedure, and her cancer had spread to the cervix. Yet another letter warned she “cannot be exposed to COVID-19” because of her fragile state.
But federal officials say the notes and cancer were all fake, and now Ashleigh Lynn Chavez is headed to prison for three times as long. The court this week added an additional two years to her initial, one-year prison sentence.
The fake claim of having cancer kept Chavez out on bond from the time of her guilty plea in 2019 to embezzling more than $160,000 from her former employer through her sentencing hearing on March 31, 2021. The notes then bought her an additional three months of freedom by the judge who believed she was getting medical treatment, according to the U.S. Attorney’s office for the Southern District of California.
All told, Chavez was able to avoid being locked up for six months, federal officials said.
Chavez’s attorney, Benjamin Kington, said in a sentencing memorandum that Chavez was “terrified” about being separated from her newborn son, the San Diego Union-Tribune reported.
The notes also claimed she was too ill to work and could not make restitution payments to her former employer.
Two different attorneys hired by Chavez believed the notes were authentic and submitted them to the court, according to federal officials.
By August 2021, the notes forged by Chavez were asking the court to permit her to serve time in home confinement. In one forged note, attributed to a San Diego-area oncologist, Chavez wrote that “(a) year in prison could be a death sentence for my patient.”
Federal authorities contacted the doctors named in the letters who denied writing them, though Chavez had been a patient of one of the physicians, according to federal officials.
“This defendant went to appalling lengths to avoid her initial prison sentence by falsifying medical documents to claim she had cancer. This offensive conduct is an affront to every person fighting that battle,” FBI Special Agent in Charge Stacey Moy said in a statement. | https://wgntv.com/weird-news/ap-strange-news/california-woman-fakes-cancer-forges-notes-to-avoid-prison/ | 2022-07-07T12:09:38Z | https://wgntv.com/weird-news/ap-strange-news/california-woman-fakes-cancer-forges-notes-to-avoid-prison/ | false |
TORONTO, July 7, 2022 /PRNewswire/ - Valour Inc. (the "Company" or "Valour") (NEO: DEFI) (GR: RMJR) (OTCQB: DEFTF), a technology company bridging the gap between traditional capital markets and decentralised finance, announced today that Perch Perspectives, a leading equity research firm with with additional expertise in markets such as global supply chain, agriculture, technology, aerospace, and energy released a sponsored equity research report on the Company. The in-depth 10-page report includes detailed information on Valour's business model, services, industry, management, and associated risks.
The full report is available here. Highlights from the report include:
A revolution in its infancy - Indeed, the total value locked in DeFi was less than $1billion in 2020 but has risen to a whopping $239 billion in 2022. In the words of AmberData, that is "the tip of the proverbial iceberg," as the global financial services market is estimated to be worth more than $23.3 trillion. Institutions are only starting to get wise. Just 5 percent of the total bitcoin supply is held by institutional-level players via custodial intermediaries. Large institutional crypto transactions surpassed retail as the biggest segment of DeFi trade by volume in Q4 2020, and ac- cording to PWC, the total AUM for crypto hedge funds almost doubled to $4 billion from 2020 to 2021.
Valour: "A league of their own." Valour is positioning itself as a trusted gatekeeper between DeFi and traditional finance, allowing investors skeptical of DeFi or unwilling to do the work of learning how to gain direct exposure to do just that via avenues to which they are accustomed. In addition, with a steady stream of revenue via its ETPs and a fixed cost structure generated by its investment products, Valour offers exposure to cryptocurrencies and DeFi protocols while serving as a de facto call option on the macro opportunity presented by DeFi in general for those that cannot access DeFi ETPs directly.
This is a unique approach to bridging the gap between DeFi and CeFi, and considering the size of the opportunity and the dearth of competitors, Valour has carved a compelling niche for itself to grow as interest and investment in DeFi accelerates.
Learn more about Valour at https://valour.com/.
Valour Inc. is a technology company bridging the gap between traditional capital markets and decentralized finance. Our mission is to expand investor access to industry-leading decentralized technologies which we believe lie at the heart of the future of finance. On behalf of our shareholders and investors, we identify opportunities and areas of innovation, and build and invest in new technologies and ventures in order to provide trusted, diversified exposure across the decentralized finance ecosystem. For more information or to subscribe to receive company updates and financial information, visit https://valour.com
Perch Perspectives is a human-centric political and business consulting firm operating under the premise that every person has agency when armed with the right information and perspective. It advises business executives, corporations, policymakers, govern- ments, and NGOs on past, present, and future international affairs, with additional expertise in markets such as global supply chain, agriculture, technology, aerospace, and energy. Perch Perspectives provides clients with a holistic understanding of the historical, cultural, geographic, political, and economic forces that define the nature of power, shape the world, and impact business decisions. For more information, visit www.perchperspectives.com.
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the LOI, the Partnership Agreement and the Subscription; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by Valour and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Generally, forward-looking information 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 state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is 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, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour ETPs by exchanges; investor demand for the Joint Products; growth and development of DeFi and cryptocurrency sector; rules and regulations with respect to DeFi and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
All information contained in this press release with respect to Valour and Neuronomics was supplied by the parties respectively for inclusion herein, and each party and its directors and officers have relied entirely on the other party for any information concerning the other party. Valour has not conducted due diligence on the information provided by Neuronomics and does not assume any responsibility for the accuracy or completeness of such information.
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- Maple Kush Organic Pre-Rolls by TGOD
- Amsterdam n' Rosin Organic Vape by Highly Dutch
- Rosin Charged Hash by Cruuzy
- Puffing Season 3.5g sativa by Cruuzy
- Ube Coconut Vape by Cruuzy
- Real Fruit Peach Gummies 5:1 CBD:THC by Wyld
TORONTO, July 7, 2022 /PRNewswire/ - The Green Organic Dutchman Holdings Ltd. (the "Company" or "TGOD") (CSE: TGOD) (OTC-US: TGODF), a sustainable cannabis company announces new summer SKU launches at OCS.
2022 has seen the introduction of successful dried flower SKUs, like TGOD's Organic Maple Kush and Organic Cherry Mints, plus innovative, popular SKUs, like Highly Dutch Organic's 6-Month Oak Barrel Hash and Cruuzy's SprChrgd Duubyz pre-rolls. To build on that success, five new SKUs will be released in Ontario, Canada's largest recreational cannabis market, this Summer. The new products, outlined below, will also roll out to other provinces in the months ahead.
TGOD Premium
Organic Maple Kush (3.5g) has had notable sales success in the dried flower category and will now be available in Pre-roll format. Organic Maple Kush 3 X.5g Pre-Roll is a high-THC, high-terpene indica in organic hemp paper and a compostable container. Certified organically grown in living soil, this trichome-covered high-THC indica is a TGOD original cross between Koloa Sunrise and GG4. Organic Maple Kush gets its name from the Canadian organic maple syrup used to feed the soil it grows in, giving it a natural source of carbohydrates. This beautiful bud brings with it a tropical, fruity, kush-like finish, a result of Myrcene and Farnescene terpenes that dominate this strain's aroma and flavour. Available August 2nd.
Highly Dutch Organic
Building on the strong performance of Rotterdam Indica and Amsterdam Sativa in the flower category, this will be the first vape SKU under the Highly Dutch Organic brand. Amsterdam n' Rosin is a 20:80 organic rosin-infused distillate sativa vape, made from cannabis flower and native cannabis terpenes. This vape is designed to bring an enriched full flavoured sativa experience at an affordable price. Each pull delivers thick, terpy, full flower rosin flavour in a convenient affordable 0.5g cartridge. The perfect vape for everyday use. Available August 2nd.
Cruuzy
Rosin Charged Hash is a fusion of high quality trichomes and solventless rosin, delivering a striking blend of full-flower flavour and powerful potency in every experience. It starts by carefully pressing high-quality flower into a sticky golden rosin. The rosin is then blended with the finest quality kief, creating a unique, 100% solventless, truly flavourful rosin charged hash experience. Available in 2g format August 2nd.
Puffing Season is another offering in the successful Cruuzy portfolio of bringing unique dried flower genetics to market. This sativa-dominant hybrid has scents of musk, gas, and lemons. The deep hue buds of this sativa are coated with frosty hairs. Available for a limited time in 3.5g August 2nd.
Ube Coconut Vape is a very uniquely flavoured vape using the top food trend of 2022, Ube. Each vape features a nutty vanilla flavour, complemented with the subtle taste of coconut. This unique taste experience combines natural, botanical terpenes, made with high-quality distillate, Available in 1g carts August 2nd.
Wyld
In addition to the TGOD core brands, the Wyld Team has grown on its popular portfolio, by adding Real Fruit Peach Gummies 5:1 CBD:THC. Each Wyld Peach gummy contains 5mg of THC and 25mg of CBD combined with the terpenes Limonene, Linalool, Alpha-Pinene, and Beta-Pinene and they're packaged in compostable packaging.
"Our strategic focus is to operate in select product categories where we have a notable competitive differentiation. Providing high quality, high THC flower and differentiated products has been a key driver of our overall growth and is enabling us to meet major financial milestones in Q2 2022, and beyond. Moving through Summer 2022, we are happy to expand our product offering to the growing community of retail customers and provincial Boards." commented Sean Bovingdon, CEO of TGOD.
About The Green Organic Dutchman Holdings Ltd.
The Green Organic Dutchman Holdings Ltd. (CSE: TGOD) (US–OTC: TGODF) is a sustainable, global cannabis company with a focus on innovation, quality, consistency, integrity and transparency. By leveraging science and technology, TGOD harnesses the power of nature from seed to sale. The Company is committed to cultivating a better tomorrow by producing its products responsibly, with less waste and impact on the environment. In Canada, TGOD serves the recreational market with a brand portfolio including The Green Organic Dutchman, Highly Dutch Organics, Ripple by TGOD and Cruuzy brands, and the medical markets in Canada, South Africa, Australia, and Germany. All cannabis utilized in products for The Green Organic Dutchman and Highly Dutch Organics brands is grown through a certified organic process, which includes living soil, filtered rainwater, sunlight, and natural inputs.
TGOD's Common Shares and certain warrants issued under the indentures dated December 19, 2019, June 12, 2020, October 23, 2020 and December 10, 2020 trade on the Canadian Securities Exchange ("CSE") under the symbol "TGOD", "TGOD.WS", "TGOD.WR", "TGOD.WA", and "TGOD.WB" respectively. TGOD's Common Shares trade in the U.S. on the OTCQX under the symbol "TGODF". For more information on The Green Organic Dutchman Holdings Ltd., please visit www.tgod.ca.
This news release includes statements containing certain "forward–looking information" within the meaning of applicable securities law ("forward–looking statements"). Forward looking statements in this release include, but are not limited to, statements about future net revenue and gross margin, statements about future Adjusted EBITDA, statements about future production quantity and timing, statements about the offering of any particular products by the Company and statements regarding the future performance of the Company, statements about future development, growth and delivery of products, and statements about the level of demand for TGOD's products. Forward–looking statements are frequently characterized by words such as "plan", "continue", "expect", "project", "intend", "should", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward–looking statements throughout this news release. Forward–looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties (including market conditions) and other factors that could cause actual events or results to differ materially from those projected in the forward–looking statements, including those risk factors described in the Company's most recent Annual Information Form filed with Canadian securities regulators and available on the Company's issuer profile on SEDAR at www.sedar.com. Although the Company believes that the assumptions and factors used in preparing the forward-looking information or forward-looking statements in this news release are reasonable, undue reliance should not be placed on such information and no assurance can be given that such events will occur in the disclosed time frames or at all. The forward-looking information and forward-looking statements included in this news release are made as of the date of this news 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, except as expressly required by applicable law.
Neither the CSE nor the CSE's Regulation Services Provider (as that term is defined in the policies of CSE) accept responsibility for the adequacy or accuracy of this release.
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REHOVOT, Israel, July 7, 2022 /PRNewswire/ -- Nova (Nasdaq: NVMI) announced today that a leading analog and mixed-signal device manufacturer recently adopted the Nova VERAFLEX® solution for advanced process control. Nova has already delivered numerous tools to several of the customer's fabrication sites.
Analog device manufacturing today requires tighter process control for ultra-thin films to shorten the time for device qualification and yield growth. Nova's x-ray photoelectron spectroscopy (XPS) is uniquely equipped for this purpose and was selected over other traditional methods due to its superior technology benefits. Over recent years Nova VERAFLEX® has revolutionized materials metrology and is the industry standard for materials characterization, providing inline composition and thin film process control in various process steps.
"This selection signifies the great potential of our materials metrology portfolio for a variety of IC devices. This new win bolsters our strategy to grow our materials metrology beyond Nova's traditional markets," said Eitan Oppenhaim, President and Chief Executive Officer of Nova. "Our ability to develop unique and differentiated solutions allows us to offer a broader range of capabilities, which resonates well with various customers in different steps of the IC manufacturing value chain."
About Nova
Nova is a leading innovator and key provider of material, optical, and chemical metrology solutions for advanced process control in semiconductor manufacturing. Nova delivers continuous innovation by providing state-of-the-art high-performance metrology solutions for effective process control throughout the semiconductor fabrication lifecycle. Nova's product portfolio, which combines high-precision hardware and cutting-edge software, provides its customers with deep insight into developing and producing the most advanced semiconductor devices. Nova's unique capability to deliver innovative solutions enables its customers to improve performance, enhance product yields, and accelerate time to market. Nova acts as a partner to semiconductor manufacturers from its offices worldwide. Additional information can be found at https://www.novami.com. Nova is traded on Nasdaq and TASE (Nasdaq ticker: NVMI).
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of safe harbor provisions of the Private Securities Litigation Reform Act of 1995 relating to future events or our future performance, such as statements regarding, but not limited to, anticipated growth opportunities and projections about our business and its future revenues, expenses, and profitability. Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to differ materially from any future results, levels of activity, performance or achievements expressed or implied in those forward-looking statements. Factors that may affect our results, performance, circumstances, or achievements include, but are not limited to, the following: catastrophic events such as the outbreak of COVID-19; increased information technology security threats and sophisticated computer crime; foreign political and economic risks; changes in U.S. trade policies; inability to protect our intellectual property; open source technology exposure; failure to compete effectively or to respond to the rapid technological changes; consolidation in our industry; difficulty in predicting the length and strength of any downturn or expansion period of the market we target; factors that adversely affect the pricing and demand for our product lines; dependency on a small number of large customers; dependency on a single manufacturing facility per product line; dependency on a limited number of suppliers; difficulty in integrating current or future acquisitions; lengthy sales cycle and customer delays in orders; political, economic, and military instability in Israel; risks related to our convertible notes; currency fluctuations; and quarterly fluctuations in our operating results. We cannot guarantee future results, levels of activity, performance, or achievements. The matters discussed in this press release also involve risks and uncertainties summarized under the heading "Risk Factors" in Nova's Annual Report on Form 20-F for the year ended December 31, 2021, filed with the Securities and Exchange Commission on March 1, 2022. These factors are updated from time to time through the filing of reports and registration statements with the Securities and Exchange Commission. Nova Ltd. does not assume any obligation to update the forward-looking information contained in this press release.
Logo - https://mma.prnewswire.com/media/1446151/Nova_Logo.jpg
Company Contact:
Dror David
Chief Financial Officer
+972-73-229-5760
investors@novami.com
https://www.novami.com
Investor Relations Contact:
Miri Segal
MS-IR LLC
+1-917-607-8654
msegal@ms-ir.com
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SOURCE Nova | https://www.wbtv.com/prnewswire/2022/07/07/leading-analog-manufacturer-purchases-multiple-nova-veraflex-tools/ | 2022-07-07T12:14:16Z | https://www.wbtv.com/prnewswire/2022/07/07/leading-analog-manufacturer-purchases-multiple-nova-veraflex-tools/ | false |
FAA to give airports $1 billion for terminals and upgrades
The Biden administration is giving nearly $1 billion to 85 airports to expand and upgrade terminals and other facilities, using money approved in last year's huge infrastructure bill.
Transportation Secretary Pete Buttigieg said the projects will help meet future demand for travel and make flying safer and more efficient.
“I don’t think anybody could look at airports across America today and say that the existing system and existing levels of funding have been adequate,” Buttigieg told reporters.
The grants announced Thursday are the first installment of $5 billion for airport projects that were included in an infrastructure bill that Congress approved and President Joe Biden signed last November.
The largest of the Federal Aviation Administration grants include $60 million to improve the terminal and replace the bag-handling system at Denver International Airport, $50 million apiece for Boston's Logan Airport and Orlando International Airport in Florida, $49.6 million for Dulles Airport outside Washington, D.C., to build a new concourse and $20 million for Pittsburgh International Airport to build a new terminal next to the old one.
The main airports in Detroit and Philadelphia will get more than $20 million each to renovate their restrooms.
The FAA said 532 airports submitted applications for 658 projects that, if all had been granted, would have totaled more than $14 billion.
In the past, federal funds have gone largely into runways, taxiways and towers while airports paid for terminal upgrades with money they get from passenger facility charges, or PFCs — up to $4.50 per flight that is tacked onto every airline ticket.
Buttigieg said it is fine to spend taxpayer money on projects that were generally funded by passenger fees in the past because “there is a need out there; taxpayers expect it and want it.”
Congress could consider raising ticket taxes for airport projects next year. Airports want to raise the fees, but airlines don’t. | https://www.wisn.com/article/airports-to-get-1-billion-for-terminals-and-upgrades/40540984 | 2022-07-07T12:15:08Z | https://www.wisn.com/article/airports-to-get-1-billion-for-terminals-and-upgrades/40540984 | true |
CHICAGO (AP) — A woman — stunned and speechless in the chaos of a July 4 parade massacre — walked up to Greg Ring and handed him a 2-year-old boy, covered in blood.
Ring had fled the scene in the Chicago suburb of Highland Park with his wife and three children to an area behind a popular pancake house.
“We kind of met eyes and didn’t say anything…. I put my arms out, and she gave him to me,” Ring said Wednesday, when describing the exchange with the unidentified woman, who then laid down in front of their car in shock.
The boy pointed in the direction of the parade route, saying “Mommy, Daddy, Mommy, Daddy.”
Ring’s wish to help the boy carried him back to the scene. He tucked the boy’s face in his chest, so he couldn’t see the carnage. But Ring quickly realized it was too dangerous.
“Active shooter! Get back down!” a police officer shouted. Ring fled again.
He and his family got to their car and took the boy to a Highland Park fire station. “I have a boy. He’s not ours,” he told the department staff, who asked him to keep the boy as authorities searched for the shooter and helped the wounded.
“They were getting ready for war,” Ring said.
The family drove to Ring’s in-laws, where they hunkered down. There, the boy sat with Ring’s 4-year-old, watching a Mickey Mouse show.
“He asked my wife to wipe him off because he had blood on him that wasn’t his,” said Ring, an insurance broker from Highland Park.
They were later able to identify the boy and reunite him with his grandparents, with the help of other community members and the police, after his photo circulated on social media.
Aiden McCarthy’s parents, Kevin and Irina, both died in the shooting, which left five others dead and more than two dozen wounded.
A family member said Irina’s parents would care for the boy going forward.
“Aiden … will have a long road ahead to heal, find stability, and ultimately navigate life as an orphan. He is surrounded by a community of friends and extended family that will embrace him with love, and any means available to ensure he has everything he needs as he grows,” Irina Colon wrote on a GoFundMe account she created for the family and Aiden. Colon, who described Irina McCarthy as family on her Facebook page, has raised more than $2 million so far.
One of hundreds of donors wrote, “Aiden, as a momma of another 2 year old boy, my heart is breaking for you. I am so sad your little heart has to endure such a devastating loss. No child should have to go through what you are. Stay strong, sweet boy!”
On Wednesday, Ring was still trying to process what happened at the July 4 parade. He said he’s not a hero and just did what anyone would have done in the situation.
“I’m just filled with immense gratitude. I’m really sad. I don’t know. I don’t know how I feel. I have not slept for a minute the last two nights,” he said.
“What could’ve happened — it is nothing short of a miracle that the five of us — me, my wife and my three kids — one of us or all of us isn’t dead. I do not understand. Everybody around us was hit or got shot.”
According to a report in the Chicago Sun-Times, Irina McCarthy was born in Russia and later immigrated to the Chicago area with her parents. Her father told the Sun-Times that she and husband Kevin met through their jobs — hers in pharmaceuticals and his at gene therapy startup. Aiden’s paternal grandmother also was injured during the July 4 attack, the Sun-Times said.
The five others who died were identified as Katherine Goldstein, 64; Stephen Straus, 88; Jacquelyn Sundheim, 63; Nicolas Toledo-Zaragoza, 78; and Eduardo Uvaldo, 69. | https://www.fox44news.com/news/national-world-news/in-the-midst-of-chaotic-shooting-strangers-save-a-young-boy/ | 2022-07-07T12:17:40Z | https://www.fox44news.com/news/national-world-news/in-the-midst-of-chaotic-shooting-strangers-save-a-young-boy/ | true |
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GlobeNewswire | https://www.wowktv.com/uncategorized/press-releases/ | 2022-07-07T12:18:52Z | https://www.wowktv.com/uncategorized/press-releases/ | false |
Adds background, quotes
WARSAW, July 7 (Reuters) - Japanese air-conditioning systems and heat pump maker Daikin 6367.T will invest 1.5 billion zlotys ($320 million) to build a heat pump factory in central Poland, the Polish prime minister's office said on Thursday.
Sources had told Reuters on Wednesday that the Japanese company was planning to make the investment.
Demand for heat pumps - which rely on electricity to transfer heat - has been booming in Europe amid soaring gas prices, with consumers waiting months for heat pump installations.
"To meet the huge demand for heat pumps, we want to increase our production capacity, which is why Daikin Europe has decided to build a factory in Poland," Masatsugu Minaka, chairman of the board of Daikin Europe, told a news conference. "The plant will employ 1,000 people by 2025."
Development and Technology Minister Waldemar Buda said: "These are jobs with the latest technology, with devices that are gaining great popularity in the world, and also in Poland."
The plant will be built in Ksawerow, which is situated in the Lodz special economic zone in central Poland, and the prime minister's office described it as "the largest investment by a foreign company in Poland in recent years".
In Poland, the number of heat pump devices to heat houses nearly doubled last year to more than 79,000 units.
Heat pumps, sometimes described as reverse air conditioners, use electricity to concentrate heat potential and are comparatively more energy efficient than gas boilers.
The European Commission in May unveiled a 210 billion euro ($214.05 billion) plan for Europe to end its reliance on Russian fossil fuels by 2027, and to use the move away from Moscow to speed up a transition to green energy.
Those investments include 56 billion euros for energy savings and heat pumps.
Meeting the plan's targets would require around 20 million heat pumps to be installed in the EU by 2026 and nearly 60 million by 2030, according to the European Heat Pump Association.
($1 = 4.6824 zlotys)
($1 = 0.9811 euros)
(Reporting by Pawel Florkiewicz and Alan Charlish. Editing by Jane Merriman)
((warsaw.newsroom@thomsonreuters.com; +48 22 6539700; Reuters Messaging: warsaw.newsroom.reuters.com@thomsonreuters.net))
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/japans-daikin-to-build-%24320-mln-heat-pump-factory-in-poland-0 | 2022-07-07T12:19:29Z | https://www.nasdaq.com/articles/japans-daikin-to-build-%24320-mln-heat-pump-factory-in-poland-0 | false |
One year after Haitian president Jovenel Moise was shot to death at his home in Port-au-Prince, no suspected mastermind or motive has yet been identified, with the investigation stalling amid a crumbling political environment.
Moise was assassinated in the early hours of July 7, 2021, when a commando group entered the president's private home and shot him 12 times, killing him.
The same day, Haitian police mobilized exceptionally quickly to arrest about 20 people, including 18 former Colombian soldiers presumed to be hired as mercenaries.
But that initial speed has since been followed by a crawling legal process in Haiti and the United States.
The sluggishness has only worsened in recent weeks as the prosecutor's offices in the Haitian capital have for the last month been invaded by one of the many gangs plaguing the country, whole sections of which are controlled by the often violent criminal bands.
The inquiry's delays have also further complicated Haiti's existing political crisis.
The Caribbean island nation's presidency has been vacant since Moise's death, with no date set for a vote to fill the office.
No fewer than five successive judges have been in charge of the case, but none of them have issued any charges for the 40 people currently imprisoned in connection with it.
Prime Minister Ariel Henry, who was named to his post just two days before Moise's death, is suspected of speaking with one of the prime suspects via telephone just hours after the attack -- a line of investigation which he calls a "distraction."
Parliament has not functioned properly in two years, as Moise had not organized elections since he himself took office in 2017. And without a head of state to appoint judges, the country's judicial system has also flagged.
Suspects charged in US
With confidence in their own government all but gone, many Haitians have instead placed their hopes in the hands of the American judicial system.
Three suspects have been charged in Miami, Florida, where Haitian police also say the plot originated. Those suspects are: Colombian Mario Palacios, who is believed to be one of the five armed men who ultimately gained access to the room where Moise was killed, Colombian-Haitian citizen Rodolphe Jaar and former Haitian senator John Joel Joseph.
A fourth man was arrested at an airport in Istanbul in November, though Turkish courts rejected Haiti's extradition request for him just this week.
Despite the case's progress in the United States, a judge in April ruled to seal the evidence, citing two of the suspects' previous involvement as informants for the US Drug Enforcement Agency and the FBI.
A Haitian judicial source, speaking on condition of anonymity, lamented the US move, telling AFP: "A whole section of this story will remain unknown." | https://www.rawstory.com/one-year-after-haiti-s-president-assassinated-investigation-stalls/ | 2022-07-07T12:20:41Z | https://www.rawstory.com/one-year-after-haiti-s-president-assassinated-investigation-stalls/ | true |
CHICAGO, July 7, 2022 /PRNewswire/ -- BlackDoctor.org (BDO) in partnership with the Rodham Institute at George Washington University broadcasted a historical Men's Health Summit (MHS). This virtual summit was held in honor of the observance of Men's Health Awareness Month and reached over 80K. Building upon the previous success of the State of Black Health (January), Minority Health (April), and Women's Health Summit (May), the MHS addressed health challenges disproportionately impacting men's health and offered real-time, real-life solutions. The five virtual panels featured some of the nation's top Black experts as they engaged with Black Men from all walks of life. The panelists offered frank, practical, and culturally relevant solutions to how Black men can incorporate a healthy lifestyle gameplan that puts them in control of their health and their happiness.
The MHS spoke directly to men's issues with two fun and lively discussions on sexual health and weight loss from a male perspective. These panels really made men "stand up" and pay attention. As Dr. Griggs stated, "If you want your soldiers to fight, you have to give them the right fuel to be in the battle." Additionally, the partnership with Cedars-Sinai Hospital resumed with a pancreatic cancer panel. This panel was also broadcasted in Spanish on BDO's Daily Vitamina Facebook page. In addition to Cedar-Sinai, BDO partnered with the Leukemia and Lymphoma Society (LLS) on two panels discussing multiple myeloma and clinical trials, respectively. This summit serves as the latest brand extension for BDO who is the leading provider of culturally relevant health and wellness information for Black Americans.
BDO will continue their summit series in August by hosting a Healthy Kids Summit to get parents up-to-date on immunizations, ADHD, participating in sports and other health issues impacting children as they prepare to return to school. The Healthy Kids Summit will be looking for more partnerships with organizations dedicated to bringing the best health and wellness information to their audience. BDO is committed to eliminating the life expectancy gap for Black Americans and servicing the entire family.
For more information, please contact Ellis Dean at BlackDoctor.org (Email: Ellis@BlackDoctor.org).
BlackDoctor.org is the leading health and wellness destination for Black Americans. With a monthly reach of 20 million, BDO leverages culture, content and technology to transform people's lives for the better. Editorially, BDO shares culturally relevant tips and strategies on health, wellness, lifestyle and longevity. BDO is where wellness and culture connect!"
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SOURCE Black Doctor.org | https://www.wsaz.com/prnewswire/2022/07/07/historic-summit-blackdoctororg-focused-mens-health-reaches-over-80k/ | 2022-07-07T12:21:24Z | https://www.wsaz.com/prnewswire/2022/07/07/historic-summit-blackdoctororg-focused-mens-health-reaches-over-80k/ | false |
British Prime Minister Boris Johnson will officially announce he's stepping down. A report says more could have been done to save the Uvalde massacre victims. G20 members are gathering in Bali.
Copyright 2022 NPR
British Prime Minister Boris Johnson will officially announce he's stepping down. A report says more could have been done to save the Uvalde massacre victims. G20 members are gathering in Bali.
Copyright 2022 NPR | https://www.kunm.org/npr-news/npr-news/2022-07-07/news-brief-boris-johnson-review-issued-on-uvalde-shooting-g-20-preview | 2022-07-07T12:23:29Z | https://www.kunm.org/npr-news/npr-news/2022-07-07/news-brief-boris-johnson-review-issued-on-uvalde-shooting-g-20-preview | true |
ST. LOUIS, July 7, 2022 /PRNewswire/ -- Spire Inc. (NYSE: SR) will host a conference call and webcast on Thursday, August 4 to discuss our fiscal 2022 third quarter results. We will issue our earnings news release before the market opens that day, and it will be available on our website at Investors.SpireEnergy.com under the News tab.
To access the call, please dial the applicable phone number 5-10 minutes prior to the start time.
Date and Time: Thursday, August 4
12:00 p.m. CT (1:00 p.m. ET)
Phone Numbers: U.S. and Canada: 844-824-3832
International: 412-317-5142
The call will be webcast in a listen-only format for the media and public. The webcast can be accessed at Investors.SpireEnergy.com under the Events & presentations tab.
A replay of the call will be available from 2 p.m. CT (3 p.m. ET) on August 4 until September 6, 2022, by dialing 877-344-7529 (U.S.), 855-669-9658 (Canada) or 412-317-0088 (international). The replay access code is 1991035. A replay of the webcast will be available on our website at Investors.SpireEnergy.com under the Events & presentations tab.
At Spire Inc. (NYSE: SR) we believe energy exists to help make people's lives better. It's a simple idea, but one that's at the heart of our company. Every day we serve 1.7 million homes and businesses making us the fifth largest publicly traded natural gas company in the country. We help families and business owners fuel their daily lives through our gas utilities serving Alabama, Mississippi and Missouri. Our natural gas-related businesses include Spire Marketing, Spire STL Pipeline and Spire Storage. We are committed to transforming our business through growing organically, investing in infrastructure, and advancing through innovation. Learn more at SpireEnergy.com.
Investor Contact:
Scott W. Dudley Jr.
Scott.Dudley@SpireEnergy.com
314-342-0878
Media Contact:
Jessica B. Willingham
Jessica.Willingham@SpireEnergy.com
314-342-3300
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SOURCE Spire Inc. | https://www.wsaz.com/prnewswire/2022/07/07/spire-host-earnings-conference-call-august-4/ | 2022-07-07T12:25:09Z | https://www.wsaz.com/prnewswire/2022/07/07/spire-host-earnings-conference-call-august-4/ | true |
GENEVA, Switzerland, July 7, 2022 /PRNewswire/ -- Firmenich, the world's largest privately-owned fragrance and taste company, is proud to announce the appointments of Yukiko Ando Ovesen and Usha Manduru as Master Flavorists, becoming the first to receive the company's prestigious designation in over four years. They will join Firmenich's elite group of only six Master Flavorists who have achieved the highest level of excellence and achievement in their field, while exhibiting exemplary leadership qualities and a lived commitment to Firmenich's values.
"We have always celebrated the essential role our Creators play and the talent and expertise they bring," said Firmenich CEO Gilbert Ghostine. "Our Flavorists are truly at the heart of our business, and it is a very significant and proud moment for us to appoint our two new Master Flavorists. Throughout their respective careers, Yukiko and Usha have reached the highest levels of performance as flavorists," adding, "Equally as commendable as their achievements in creation, is their loyalty and the deep commitment they have both shown as leaders to the growth and development of our flavorist community through ongoing mentoring and training."
"Usha and Yukiko are undisputed leaders in their fields and have been instrumental in developing winning taste solutions for our customers and providing successful mentorship to colleagues. Their unrivaled creativity embodies excellence, together with the best of our Firmenich values. Their significant contributions to making healthier food & beverages, which also deliver a delightful eating experience, are among the driving forces that will accelerate global Diet Transformation," concluded Firmenich President Taste & Beyond, Emmanuel Butstraen.
The Master Flavorist distinction was first introduced by Firmenich in 2013 to recognize the select few flavorists within the Group's creative team who have attained mastery of their craft, demonstrated impact for Firmenich customers through successful projects and advancement of innovation. Master Flavorists shape food & beverage experiences that are considered benchmarks within the industry.
Yukiko Ando Ovesen's career as a Flavorist has spanned over three decades, and she has been with Firmenich for the last 30 years. In 2019, Yukiko was appointed a Principal Flavorist and was promoted to the role of Asia Creation Director, leading the region's flavorist community. She is also a four-time Patrick Firmenich Award winner, recognizing her excellence in creation and her outstanding use of Firmenich ingredients to bring unique signatures to customers' products. She is highly regarded by customers for her ability to quickly understand and deliver on a project's unique needs. Yukiko is passionate about accelerating Diet Transformation, and is constantly striving to create more delicious and nutritious food & beverages. Notably, her contributions in the area of taste modulation are unsurpassed in the industry, and she is passionate about working with Firmenich flavorists in Asia to advance their knowledge and skills within this critical area. Yukiko is also committed to driving Firmenich's digital transformation, actively participating in the development and successful implementation of new digital tools, including artificial intelligence, and systems designed to support and enhance the work of flavorists.
Usha Manduru joined Firmenich as a trainee in 1988, and in her successful near 35 year career as a Flavorist with Firmenich, has earned a stellar reputation for excellence in her field and her highly client-oriented approach. She is the palate behind many iconic tastes that continue to be enjoyed by billions of consumers across the world. Usha is a Patrick Firmenich Award winner and was appointed a Principal Flavorist in 2019. She has played an important role in the ongoing transformation of Firmenich's ingredients palette into natural, and is an expert in several key tonalities, including vanilla and fruits. Usha is also highly skilled in Firmenich's encapsulation technologies, and was responsible for making possible organic certification of the group's leading Durarome® and Flexarome® flavors. Usha has spent countless hours training many of Firmenich's successful flavorists during her career and is regarded as a highly collaborative source of knowledge within Firmenich, who works closely with teams throughout the world to share her insight and expertise.
About Firmenich
Firmenich, the world's largest privately-owned fragrance and taste company, was founded in Geneva, Switzerland, in 1895, and has been family-owned for 126 years. Firmenich is a leading business-to-business company specialized in the research, creation, manufacture and sale of perfumes, flavors and ingredients. Renowned for its world-class research and creativity, as well as its leadership in sustainability, Firmenich offers its customers superior innovation in formulation, a broad and high-quality palette of ingredients, and proprietary technologies including biotechnology, encapsulation, olfactory science and taste modulation. Firmenich had an annual turnover of 4.3 billion Swiss Francs at end June 2021. More information about Firmenich is available at www.firmenich.com.
Photo: https://mma.prnewswire.com/media/1855101/Firmenich_Usha_Manduru_MasterFlavorist.jpg
Photo: https://mma.prnewswire.com/media/1855102/Firmenich_YukikoAndoOvesen_MasterFlavorist.jpg
Logo: https://mma.prnewswire.com/media/798187/Firmenich_Logo.jpg
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SOURCE Firmenich | https://www.dakotanewsnow.com/prnewswire/2022/07/07/firmenich-appoints-two-new-master-flavorists-yukiko-ando-ovesen-usha-manduru/ | 2022-07-07T12:26:16Z | https://www.dakotanewsnow.com/prnewswire/2022/07/07/firmenich-appoints-two-new-master-flavorists-yukiko-ando-ovesen-usha-manduru/ | true |
NPR's A Martinez talks to Diane Derzis, owner of Jackson Women's Health Organization. After Roe was overturned, a judge rejected the clinic's request to temporarily block the state's trigger law.
Copyright 2022 NPR
NPR's A Martinez talks to Diane Derzis, owner of Jackson Women's Health Organization. After Roe was overturned, a judge rejected the clinic's request to temporarily block the state's trigger law.
Copyright 2022 NPR | https://www.knau.org/2022-07-07/mississippis-only-abortion-clinic-has-closed-its-doors-for-good | 2022-07-07T12:27:20Z | https://www.knau.org/2022-07-07/mississippis-only-abortion-clinic-has-closed-its-doors-for-good | true |
New ride-share service for women coming to London, Ont.
It claims to be the first of its kind in North America, a ride-share service that caters to female passengers with female drivers.
“I think it’s very much needed,” said Terri Phipps, the CEO of Wilma.
Phipps originally brainstormed the idea after a friend had a scary experience with a male ride-share driver in the U.S.
“We have statistics that show that 15 to 25 per cent of women are bothered the whole ride by male drivers, and unfortunately three per cent of women have actually reported being assaulted,” Phipps said.
Last month, the London Police Service charged a 67-year-old male ride-share driver with assaulting a female passenger.
Wilma has brought in the London-based Anova as a consultant for the new business model. Manager of Prevention Education at Anova, AnnaLise Trudell said they asked for some training.
“They wanted to make sure they were able to figure out how to engage the LGBTQ population,” said Trudell. “We know that it’s not just women who experience violence but Trans and non-binary experience that violence at even higher levels.”
Wilma is set to kick off in London by the end of the month with plans to be on Toronto and Mississauga in the fall.
“We just want to give women a hassle free way to get home,” Phipps said.
For more information on how to be a driver or to sign up as a member, you can visit Wilma’s website.
-
Yahoo! Calgary Stampede ramps up with first pancake breakfasts, Sneak-A-Peak
With the first full-scale Calgary Stampede rapidly approaching, some Calgarians are getting into the spirit a little early. -
Man pulled from burning car by five others on Toronto highway in 'heroic effort'
Five men are being recognized as heroes by police after saving a man from a burning vehicle on a Toronto highway earlier this week. -
'Pent up demand': Calgary Stampede returns with parade, spectators and no limits
The rides are going up, concession stands are waiting, stuffed animals are displayed at games tables and the Calgary Stampede is raring to go Friday in its first return to full capacity since the start of the COVID-19 pandemic. -
CK police looking for Orford Township man
Police in Chatham-Kent are looking for the public’s assistance in locating a man who has been reported missing. -
Suspicious death of Manitoba man now ruled a homicide: RCMP
Officers with the Manitoba RCMP said what they once were investigating as a suspicious death has now been deemed a homicide. -
Plenty of sunny days in the forecast for Ottawa
Expect a stretch of beautiful weather and plenty of sunshine in Ottawa for the remainder of the week. -
One person, 32 charges
A string of thefts in Lambton County dating back to March has led to 32 charges against one person, according to OPP. -
Canada will keep ArriveCan for its data on COVID-19-positive travellers: sources
The federal government has no intention of dropping the controversial ArriveCan app because it gives the Public Health Agency of Canada (PHAC) key health information about travellers who test positive for COVID-19 through testing at airports and land borders, senior government sources tell CTV News. -
The next stage in the battle against COVID-19: bivalent vaccines
Several vaccine manufacturers are racing to develop formulas that take into account the more infectious Omicron variant now driving cases, while policymakers are laying the groundwork for another large-scale vaccine blitz. | https://www.iheartradio.ca/ctv-news-content/new-ride-share-service-for-women-coming-to-london-ont-1.18159650 | 2022-07-07T12:30:57Z | https://www.iheartradio.ca/ctv-news-content/new-ride-share-service-for-women-coming-to-london-ont-1.18159650 | true |
NPR's A Martinez talks to Diane Derzis, owner of Jackson Women's Health Organization. After Roe was overturned, a judge rejected the clinic's request to temporarily block the state's trigger law.
Copyright 2022 NPR
NPR's A Martinez talks to Diane Derzis, owner of Jackson Women's Health Organization. After Roe was overturned, a judge rejected the clinic's request to temporarily block the state's trigger law.
Copyright 2022 NPR | https://www.wlrn.org/2022-07-07/mississippis-only-abortion-clinic-has-closed-its-doors-for-good | 2022-07-07T12:31:46Z | https://www.wlrn.org/2022-07-07/mississippis-only-abortion-clinic-has-closed-its-doors-for-good | false |
By MARIA GRAZIA MURRU and OLEKSANDR STASHEVSKYI
Associated Press
KYIV, Ukraine (AP) — Foreign analysts say Russia may be temporarily easing its offensive in Ukraine as the Russian military attempts to reassemble its forces for a renewed assault.
On Wednesday, Russian forces made no claimed or assessed territorial gains in Ukraine “for the first time in 133 days of war,” according to the Institute for the Study of War. The think tank based in Washington suggested that Moscow may be taking an “operational pause,” but that it does not entail “the complete cessation of active hostilities.”
“Russian forces will likely confine themselves to relatively small-scale offensive actions as they attempt to set conditions for more significant offensive operations and rebuild the combat power needed to attempt those more ambitious undertakings,” the institute said.
A Thursday statement from Russia’s Defense Ministry seemed to confirm that assessment. It said Russian military units involved in combat in Ukraine had been given time to rest.
“The units that performed combat missions during the special military operation are taking measures to recover their combat capabilities. The servicemen are given the opportunity to rest, receive letters and parcels from home,” read the statement, quoted by Russian state news agency Tass.
Shelling continued in Ukraine’s east, where at least nine civilians were killed and six wounded in 24 hours, Ukrainian officials said.
Ukraine’s presidential office said in its Thursday morning update that cities and villages in seven Ukrainian regions were shelled in the past day. Most of the civilian deaths occurred in Donetsk province, where fighting is ongoing. Seven civilians were killed there, including a child, the presidential office said.
Ten cities and villages came under shelling in Donetsk, and 35 buildings were destroyed, including a school, a vocational college and a hospital, officials said.
Donetsk is part of the Donbas, a mostly Russian-speaking industrial region where Ukraine’s most experienced soldiers are concentrated. Pro-Russian separatists have fought Ukrainian forces and controlled much of the Donbas for eight years. Russian President Vladimir Putin recognized the independence of two self-proclaimed republics there just before Russia invaded Ukraine on Feb. 24.
Putin on Monday claimed victory in Luhansk, the other province constituting the Donbas, after Ukrainian forces withdrew from the last city they controlled there. The governor of Luhansk, Serhiy Haidai, denied Wednesday that the Russians had completely captured the province.
In Kharkiv, Ukraine’s second-largest city, a boarding school was hit, but no one was injured. The Kharkiv region, which lies along the border with Russia, is under daily shelling, and two civilians were killed there over the past 24 hours.
The Ukrainian military said Thursday that Russian forces also carried out shelling and helicopter strikes in the Sumy region in the northeast.
Even as the fighting continued, the British Defense Ministry said it thinks Russia’s military is “reconstituting” its forces. A ministry intelligence assessment issued Thursday said the heavy shelling along the front line in Donetsk is likely intended to secure previous Russian gains.
Further hostilities were reported in the Black Sea where the Ukrainian military said Thursday that a Ukrainian flag had been planted on a strategic island that Russian troops withdrew from last month.
Ukraine’s Operational Command South said in a statement that Ukrainian military units had cleared Snake Island, an outpost off Ukraine’s southwestern coast vital for guaranteeing sea lanes out of the key port of Odesa. The command group also said the Ukrainian military had destroyed some 30 pieces of Russian military equipment, describing the discovery of “abandoned ammunition and vast ruins.”
Russian troops withdrew from the island on June 30 in what Russia’s Defense Ministry called “a goodwill gesture.” But the ministry said Thursday that a Russian Aerospace Forces aircraft had launched a missile strike on the island as Ukrainian forces attempted to plant the flag.
“As a result, some of the Ukrainian military personnel were destroyed, the rest fled,” the ministry said.
Ukraine also said that Russia fired two missiles targeting a Moldovan-flagged oil tanker in the Black Sea, setting it ablaze.
Ukraine’s southern military command said the strike hit the Millennial Spirit, which has over 500 tons of diesel fuel on board. Ukraine says one missile struck the ship, while the other went wide. Social media images showed smoke rising off the coast of Odesa on Thursday morning.
The ship has been without a crew, drifting at sea since the start of the war in February. Russia did not immediately acknowledge the strike on the vessel. The ship’s tracking devices have been down since it was abandoned by its crew.
Ukraine’s Foreign Ministry said it summoned the Turkish ambassador in Kyiv Thursday over what it described as the theft of Ukrainian grain by a Russian ship.
The Russian ship Zhibek Zholy was allowed to leave Turkey’s Black Sea coast after Turkish authorities briefly detained it at Ukraine’s request. Ukraine summoned the ambassador to complain about the “unacceptable situation.”
Turkey, with its Bosporus Strait, is a key transit route for shipping out of the Black Sea. Ukraine has sought to pressure Ankara to stop Russian shipments of its grain, a vital source of revenue.
___
Jon Gambrell in Lviv, Ukraine, and Cara Anna in Kharkiv, Ukraine, contributed to this story.
___
Follow AP’s coverage of the Russia-Ukraine war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. | https://wtmj.com/national/2022/07/07/russia-taking-operational-pause-in-ukraine-analysts-say-4/ | 2022-07-07T12:34:36Z | https://wtmj.com/national/2022/07/07/russia-taking-operational-pause-in-ukraine-analysts-say-4/ | false |
When words fail, gestures can help to get the message across - especially for people who have a language disorder. An international research team has now shown that listeners attend the gestures of people with aphasia more often and for much longer than previously thought. This has implications for the use of gestures in speech therapy.
People who suffer from an acquired language disorder due to a brain injury - for example after a stroke, traumatic brain injury or brain tumor - often have difficulties communicating with others. Previous research on aphasia indicates that these patients often try to express their needs using hand gestures. It was previously assumed that conversation partners pay relatively little attention to such non-verbal forms of communication - but this assumption was based on research involving participants without language disorders.
Communicating with gestures
A new study from the University of Zurich, carried out together with researchers from the Netherlands and Japan, looked at whether gestures receive more attention if the verbal communication is impeded by aphasia. The researchers showed healthy volunteers video clips in which people with and without speech disorders described an accident and a shopping experience. As the participants watched the video clips, their eye movements were recorded.
Focus of attention shifts
Our results show that when people have very severe speaking difficulties and produce less informative speech, their conversation partner is more likely to pay attention to their hand movements and to look longer at their gestures."
Basil Preisig, Department of Comparative Language Science, University of Zurich
In people who have no limitations in verbal production, hand gestures are granted less attention. Thus, it seems that listeners shift their attention when the speaker has a speech impediment and focus more on the speaker's nonverbal information provided through gestures. "For people with aphasia, it may be worth using gestures more in order to be better understood by the other person," says Preisig.
Using gestures as a specific tool in therapy
The present study not only illustrates the importance of gestures in communication, but also reinforces their relevance in speech rehabilitation. "Individuals with aphasia should be encouraged in therapy to use all available forms of communication. This includes increased use of gestures. In addition, their family and friends need to learn about hand gestures to improve communication," Preisig believes.
Source:
Journal reference:
Van Nispen, K., et al. (2022) Gesture in the eye of the beholder: An eye-tracking study on factors determining the attention for gestures produced by people with aphasia. Neuropsychologia. doi.org/10.31234/osf.io/64w32 | https://www.news-medical.net/news/20220707/Gestures-can-help-to-get-the-message-across-for-people-with-language-disorders.aspx | 2022-07-07T12:35:20Z | https://www.news-medical.net/news/20220707/Gestures-can-help-to-get-the-message-across-for-people-with-language-disorders.aspx | true |
The 11-day competition — which is held every four years — kicks off with an opening ceremony Thursday night. The events, which include drone racing and tug o' war, are anything but traditional.
Copyright 2022 WBHM 90.3 FM
The 11-day competition — which is held every four years — kicks off with an opening ceremony Thursday night. The events, which include drone racing and tug o' war, are anything but traditional.
Copyright 2022 WBHM 90.3 FM | https://www.wdiy.org/2022-07-07/birmingham-ala-is-hosting-athletes-for-the-world-games | 2022-07-07T12:39:44Z | https://www.wdiy.org/2022-07-07/birmingham-ala-is-hosting-athletes-for-the-world-games | true |
Life Time has outdoor pools, pickleball and training programs for your fittest summer ever
CHANHASSEN, Minn., July 7, 2022 /PRNewswire/ -- The summer season is ripe for engaging in activities to get your body and mind stronger and healthier. To make sure people are getting the most out of these longer days, Anika Christ, one of Life Time's (NYSE:LTH) leading trainers and dietitians, has five unique tips to enjoy a healthy, active and fun-filled summer.
"Summer is a great time to focus on your health and nutrition goals, spend time with the people you care about and try new things and at Life Time we've got indoor and outdoor activities to engage with," says Anika Christ, a Dietitian, Personal Trainer and Life Time's Senior Director of Weight Loss. "It's also a great halfway point to assess where you are with your health goals for the year and consider some new healthy habits in your life."
1. Try Swimming or a Pool Workout
When it's hot outside, a water workout in a pool is a refreshing way to change up your exercise routine. You can swim laps or do a water-based workout using water dumbbells and noodles. Life Time has more than 300 resort-like pools.
"A water workout can add challenge and variety to your routine," Christ says. "Movements are more challenging because of the added resistance of the water while also being easy on the joints."
For older adults, Life Time recently launched ARORA programming, which includes water aerobics classes at its athletic country clubs across North America, along with social events.
A study published in JAMA Internal Medicine says that simply adding 10 minutes of exercise a day will lead to a longer life for many people. Another recent study from the Washington VA Medical Center and George Washington School of Medicine and Health Sciences concludes that physical fitness adults are 33% less likely to develop dementia compared to less fit individuals.
2. Try a New Sport
Cycling, swimming, running, kayaking and rollerblading are all great summer outdoor activities, which have the bonus of more vitamin D via the sunshine!
You can also try pickleball, the fastest growing sport in the country. Life Time is the nation's premier provider of the sport with hundreds of courts, open play, leagues and lessons by the best instructors. The company is planning to have 600 pickleball courts companywide by the end of 2023.
3. Embrace Grilling
Protein and vegetables are grilling staples, and both are key components of a healthy diet. Stack your grill with chicken, steaks, tempeh, asparagus, onion, mushrooms, corn and peppers. Kebabs are your friend with their combination of vegetables and protein.
Not up for grilling on your own? LifeCafe has grilled meals to go. And, for healthy year-round recipes, Life Time now offers its 60day fitness/nutrition program anytime on-demand through Life Time's digital membership.
4. For Every Alcoholic Beverage, Drink a Glass of Water
Hydration is especially important in the summertime heat. If you're enjoying alcoholic drinks at your local barbecue, space each out with a glass of water in between to keep hydrated.
When you exercise outdoors, dehydration is a key factor in heat illness. Help your body sweat and cool down by staying well-hydrated with water. Replenish 16-20 oz of water for every hour of exercise out in the heat.
5. Try Group Workouts
If you're looking to up your motivation and accountability in your fitness routine, find a group of like-minded individuals to exercise with.
"We know at Life Time that, if you're exercising with a partner or a group, it makes all the difference in the world in terms of keeping you accountable and coming back to your workouts consistently," Christ says. "I'd recommend people find a workout buddy, a personal trainer or a group class for the added motivation and social benefits."
For those looking to push themselves, Life Time offers three Signature Group Training formats coached by thousands of the industry's leading trainers, while offering an all-encompassing approach to wellness:
- Ultra Fit – created by Bahram Akradi, Founder, Chairman and CEO of Life Time, Ultra Fit provides strength, stability, and sprint interval training that challenges the neurological, musculoskeletal and cardiovascular systems - all based on science-backed movements.
- Alpha – Olympic-style compound and extreme metabolic weightlifting and conditioning through Alpha will help you master all technical movements in an advanced strength training format.
- GTX – with heart rate-based training, GTX is the ultimate group training experience, featuring a 50/50 blend of cardio and strength.
About Life Time®
Life Time (NYSE: LTH) empowers people to live healthy, happy lives through its portfolio of nearly 160 athletic country clubs across the United States and Canada. The company's healthy way of life communities and ecosystem address all aspects of healthy living, healthy aging and healthy entertainment for people 90 days to 90+ years old. Supported by a team of more than 30,000 dedicated professionals, Life Time is committed to providing the best programs and experiences through its clubs, iconic athletic events and comprehensive digital platform.
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SOURCE Life Time, Inc. | https://www.wagmtv.com/prnewswire/2022/07/07/five-unique-summer-fitness-tips-personal-trainer/ | 2022-07-07T12:40:13Z | https://www.wagmtv.com/prnewswire/2022/07/07/five-unique-summer-fitness-tips-personal-trainer/ | true |
The partnership gives marketers actionable OOH ad performance data while also recommending the most effective advertising channels tailored to bottom line results
LOS ANGELES, July 7, 2022 /PRNewswire/ -- AdQuick.com, the world's top out-of-home (OOH) advertising platform, today announces a partnership with OutPoint, a predictive media mix modeling (MMM) platform, to enable AdQuick users to intelligently diversify and scale their advertising media mix–including their existing out-of-home campaigns.
"In the wake of iOS14+, many brands are seeking to diversify their media mix and find more effective channels and tools to measure performance," said Rob Palumbo, co-founder and CEO at OutPoint. "We're excited to partner with AdQuick to introduce OOH and media mix modeling solutions to our growing roster of DTC brands. In today's uncertain market, demonstrating improved ad performance is essential; every dollar counts. Marketers can use OutPoint and AdQuick together to launch new channels like OOH confidently and continue to scale based on bottom-line results."
As user-level tracking diminishes due to consumer privacy concerns, media mix modeling provides a solution to the new measurement challenges marketers face. Media mix modeling enables accurate and robust ROI analysis without leveraging user-level data, tracking personal information, or otherwise encroaching on consumer privacy. OutPoint's revenue lift modeling makes it easy to understand the total economic impact of all advertising channels, including insight into specific spend recommendations, the ability to scale paid media efficiently across channels, and measurement capabilities including organic lift and return for online and offline channels like OOH.
"The combination of AdQuick and OutPoint gave NorthOne the tools and confidence we needed to invest in out-of-home advertising," said Simon Mills, Performance Marketing Lead at NorthOne Business Banking. "OutPoint helped us model the incremental lift from out-of-home that previously was going unattributed, allowing us not only to understand the impact of our out-of-home campaigns but also how we should spend our marketing dollars moving forward."
AdQuick's partnership with OutPoint reinforces the importance of measuring advertising campaign effectiveness in a privacy-friendly and unified manner. To learn more about OOH ad performance data and how outdoor advertising can enhance the effectiveness of your overarching media mix, please visit AdQuick.com.
Founded in Los Angeles in 2016, AdQuick.com is the leading out-of-home (OOH) advertising platform that makes it easy to plan, buy, and measure every kind of outdoor advertising. With over 1100 media partners spanning all types of OOH media, AdQuick connects advertisers and agencies to OOH media owners anywhere in the U.S. and abroad, including the UK, Canada, Germany, France, and 13 other countries.
AdQuick enables data-led OOH media planning powered by robust datasets and proprietary tools, facilitates fast and efficient campaign execution, and provides accurate measurement across every brand objective and campaign KPI. AdQuick was named in the top ten Best Places to Work in 2020 by Los Angeles Business Journal, recognized as the 74th fastest growing company in Inc. 5000 Regionals, and was honored as one of the Inc 5000 fastest growing companies in 2021. To learn more please visit www.adquick.com or follow us on Twitter and LinkedIn.
OutPoint is a data science and media mix modeling (MMM) platform that empowers high-growth B2C brands to improve marketing budget allocation and maximize growth efficiency. OutPoint's predictive models recommend how much to dial-up or dial-down ad spend across channels and offer a roadmap for unlocking future growth. Learn more here: https://www.outpoint.app
Contact
Kristin Hege
kristin@conveycommsagency.com
480.540.6496
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SOURCE AdQuick.com | https://www.wlbt.com/prnewswire/2022/07/07/adquickcom-outpoint-partner-bring-revenue-lift-modeling-solution-out-of-home-advertising/ | 2022-07-07T12:41:13Z | https://www.wlbt.com/prnewswire/2022/07/07/adquickcom-outpoint-partner-bring-revenue-lift-modeling-solution-out-of-home-advertising/ | false |
Two out of three investors cite inflation as biggest risk to investments
- 65% of American investors held their investments in response to recent stock market selloffs
- 66% of survey respondents say the biggest external risk to investments over the next three months is inflation
- More than half (52%) of investors note their primary goal of investing is to provide long-term security
HOBOKEN, N.J., July 7, 2022 /PRNewswire/ --U.S. retail investors remain resilient despite stock market sell offs and looming recession fears, new data from eToro finds. The social investing network's latest 'Retail Investor Beat', reveals that two-thirds of American investors (65%) held their investments steady during the recent stock market selloff.
Despite rising concern over inflation, investors are holding steady
Inflation is touching almost all aspects of everyday life and is top of mind for American investors. When asked what poses the biggest external risk to investments in the next three months, 66% of respondents noted rising inflation followed by state of the global economy (39%) and international conflict (34%). Despite these concerns, however, American investors remain optimistic; more than two out of three investors (69%) are confident in their current investments.
In light of recent market volatility, the survey data also found a shift in focus to clean technology as a long-term investing strategy. When asked about the sectors that present the best investment buying opportunity in the next three months 40% of respondents said technology (electronics manufacturers, software developers and IT firms) and 38% said energy (oil and gas exploration and production companies).
eToro US Investment Analyst, Callie Cox, comments, "Today's investors are facing a perfect storm of setbacks including ongoing market uncertainty, skyrocketing inflation, and an overall increase in cost of living and housing costs. Despite these factors, investors across generations are demonstrating a level of maturity and understanding and are not letting emotions dictate important money decisions."
Younger investors have their eyes on financial independence
U.S. investors are thinking long term when it comes to financial planning. More than half (52%) of investors say their primary goal for investing money is providing long-term security followed by helping fund retirement alongside a pension (38%) and achieving financial independence (37%). For younger generations, financial independence is paramount. Forty-three percent of respondents aged 18-34 are investing to achieve financial independence followed closely by providing long-term security (42%).
eToro US Investment Analyst, Callie Cox, comments, "For many younger investors, this is the first time they are navigating a bear market. Managing risk for the first time, focusing on long term goals and seeing the big picture is difficult for even the most seasoned investor. The data shows that young investors are making smart, informed decisions. The best path forward is to be patient; history shows that investment portfolios can make it out of the bear market on stronger footing."
Despite 'Crypto Winter', investors still demonstrate interest in digital currencies
Investors are still confident in the future of crypto. When it comes to investment choices, currently, one in three (33%) American investors are invested in cryptoassets, compared to 54% in cash, 54% in domestic equities and 38% in domestic bonds / fixed income. 40% of investors believe Bitcoin presents the best investment opportunity over the next three months. Crypto investors are also demonstrating that they're thinking long-term. More than half (55%) of crypto investors held their investments in response to the recent cryptoasset market selloff with just 8% selling their investments.
Notes to editors
Survey research conducted by Appinio from 7 to 17 June 2022. Previous waves were conducted quarterly in conjunction with Opinium. In total, 10,000 retail investors sampled across 14 countries, 1,000 in each: UK, US, Germany, France, Australia and Spain. 500 in the following: Italy, Netherlands, Denmark, Norway, Sweden, Poland, Romania, and the Czech Republic. Retail investors were defined as self-directed or advised and had to hold at least one investment product including shares, bonds, funds, investment ISAs or equivalent. They did not need to be eToro users.
About eToro
eToro is a social investment network that empowers people to grow their knowledge and wealth as part of a global community of successful investors. eToro was founded in 2007 with the vision of opening up the global markets so that everyone can trade and invest in a simple and transparent way. Today, eToro is a global community of more than 27 million registered users who share their investment strategies; and anyone can follow the approaches of those who have been the most successful. Due to the simplicity of the platform users can easily buy, hold and sell assets, monitor their portfolio in real time, and transact whenever they want.
US DISCLAIMER:
Securities trading is offered to customers by eToro USA Securities Inc ("eToro"), a broker dealer registered with the Securities and Exchange Commission (SEC). Investments are subject to market risk, including the possible loss of principal. Crypto Trading is offered via eToro USA LLC.
Media contact: pr@etoro.com
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SOURCE eToro | https://www.kbtx.com/prnewswire/2022/07/07/etoro-retail-investor-beat-us-investors-hold-their-ground-remain-confident-amid-stock-market-selloff/ | 2022-07-07T12:41:22Z | https://www.kbtx.com/prnewswire/2022/07/07/etoro-retail-investor-beat-us-investors-hold-their-ground-remain-confident-amid-stock-market-selloff/ | false |
Appoints Manfred Kraus, Ph.D. as Vice President of Research and Development
CAMBRIDGE, Mass., July 7, 2022 /PRNewswire/ -- Kernal Biologics, Inc. (Kernal Bio) — a development-stage mRNA-technology company developing cancer therapeutics designed to improve patients' survival rate and quality of life — today announced the completion of a $25 million Series A financing led by Hummingbird Ventures. Amgen Ventures, HBM Genomics and Civilization Ventures along with other VCs, family offices and high net worth individuals also participated in the round.
The new capital will extend Kernal's mRNA 2.0 platform and support the filing of an IND for Kernal's immuno-oncology candidate KR-335. In connection with the financing, Firat Ileri, Managing Partner of Hummingbird Ventures joins the board.
"We have closely followed the work of the Kernal Bio team over the past few years and we are excited to see them bring their mRNA technology to fruition in an area of medicine with high unmet medical need," said Firat Ileri, Managing Partner of Hummingbird Ventures. "Kernal Bio is building on the success stories of Moderna and Pfizer/BioNTech with legacy mRNA technologies. We are delighted to partner with them to bring this innovative approach to cancer patients."
"There's a major unmet need to improve outcomes for cancer patients and Kernal Bio has built a strong rational for the use of its novel mRNA technology in cancer therapeutics," said Kernal Bio Co-founder and Chief Executive Officer Yusuf Erkul, M.D. "This financing further validates that rational. Our breakthrough onco-selective mRNA approach can enable specific protein expression in malignant cells, widening the therapeutic window of mRNAs in oncology."
Additionally, Manfred Kraus Ph.D., who was previously the Scientific Senior Director at the Tumor Microenvironment Thematic Research Center at Bristol-Myers Squibb (BMS), joins the company as Vice President of Research and Development. Before BMS, Dr. Kraus was a Director at Pfizer's Oncology Research Unit where he led the in vivo pharmacology teams supporting the oncology portfolio from new target identification to clinical proof of concept. Previously, he worked in the oncology departments at Astra-Zeneca, Merck & Co., and Serono.
Dr. Kraus earned his Ph.D. in immunology with Dr. Klaus Rajewsky at the University of Cologne in Germany, followed by post-doctoral training at Harvard Medical School investigating the role of B cell receptor signaling in mature B lymphocytes. His scientific accomplishments include the discovery of the tonic BCR-mediated survival signal in mature B cells. Dr. Kraus pushed our understanding of the role of ITAM and non-ITAM phosphorylation in the CD79a/b signaling subunit of the B cell receptor plus advanced and mentored technical innovation such as conditional gene-targeting, reversible RNAi in mice and multi-parametric flow cytometry. He is an author on 27 peer-reviewed articles and an inventor on four patents.
"We are thrilled to have Dr. Kraus join Kernal as he brings extensive drug development experience in oncology which will help us to expand our mRNA 2.0 platform and advance our lead program. Dr. Kraus will oversee the expansion of our R&D team as well as the advancement of our therapeutic programs into the clinic," said Burak Yilmaz, M.S., Co-founder and President of Kernal Bio.
At Kernal Bio, we aim to harness the power of our mRNA technology to provide cancer patients with treatments that give them the best chance of beating their disease — while eliminating as many common side effects as possible. Our unique inside-out approach attacks diseases like cancer at the cellular level. Our proprietary mRNA technology is engineered to move in stealth, undetected by the immune system, and encrypted to home in on cancer cells, making it distinctively onco-selective. Thus, we maximize the potential to improve patient outcomes compared to existing synthetic mRNA. Beyond our work in cancer therapeutics, we also license a portion of our technology to global pharma and biotech companies for non-oncology applications, which helps further and fund our internal development programs. Please visit our new website at www.kernalbio.com and on social media: Facebook, Twitter and LinkedIn.
Kernal Bio established a machine learning-backed computational pipeline to analyze transcriptome and translatome datasets across cell types and disease state to discover cell-specific mRNA sequence features. These features are then deployed during synthetic mRNA design to enable cell-specific therapeutic mRNAs. The first therapeutic products of the mRNA 2.0 platform, including KR-335, initially focus on immuno-oncology.
Hummingbird Ventures is a global early-stage venture capital fund with over $500M in assets under management, with a focus on investing in exceptional founders. Hummingbird works best with outsiders who challenge industry boundaries and conventions, transforming tiny miracles into impactful companies.
Often as the first institutional investor, Hummingbird Ventures have helped start-ups scale from zero to category-defining multi-billion-dollar businesses across three continents, including Kraken, Deliveroo, Peak, and more. More information is available at https://www.hummingbird.vc.
Since 2004 as Amgen's Corporate Ventures Fund, Amgen Ventures has invested in emerging companies and technologies to advance promising new medicines and solutions to healthcare's biggest challenges. Further information about Amgen Ventures at: www.amgenbd.com
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SOURCE Kernal Biologics | https://www.cleveland19.com/prnewswire/2022/07/07/kernal-biologics-announces-25m-series-financing-advance-its-mrna-20-technology-oncology/ | 2022-07-07T12:45:43Z | https://www.cleveland19.com/prnewswire/2022/07/07/kernal-biologics-announces-25m-series-financing-advance-its-mrna-20-technology-oncology/ | true |
The new version enables MSPs and IT departments to automate critical tasks via reusable policies, gives more control over the patching process, and is free for the first 100 endpoints.
HOUSTON, July 7, 2022 /PRNewswire/ -- Action1 Corporation, provider of the #1 secure and easy-to-use remote monitoring and management (RMM) cloud-native platform, today released a new version of Action1 RMM. The new features empower MSPs and IT departments to mitigate and remediate security vulnerabilities on their managed endpoints faster and more efficiently — as required to secure and support today's work-from-anywhere workforce.
New features:
- Automated reusable policies. IT teams can automate policy-based endpoint management and vulnerability mitigation using the Script Library, which includes dozens of ready-to-use scripts and can be supplemented with custom ones. The pre-built scripts help IT teams maintain secure device configurations and streamline vital security tasks in hybrid work environments, such as remotely wiping data from a lost or stolen computer.
- More control over the patching process. IT teams can deploy patches to remediate security vulnerabilities on their endpoints in a more streamlined manner, thanks to simplified testing of new policies and the ability to customize the schedule for rerunning actions and policies on endpoints that were previously powered off. Improved reporting makes it easier to ensure that anti-virus applications are up to date on all endpoints.
"Hybrid work makes it difficult to manage endpoints effectively and promptly patch critical flaws that threat actors are eager to exploit, since using known vulnerabilities is an easy way to break into organization's systems," said Mike Walters, President and co-founder of Action1. "The new version of Action1 RMM allows IT teams to decrease the mean time to remediate critical security vulnerabilities and prevent security breaches and ransomware attacks."
The new version is available at www.action1.com. It is free for the first 100 endpoints.
Action1 is the provider of the #1 secure and easy-to-use cloud-native RMM that delivers real-time visibility into vulnerabilities and IT assets. It enables security risk mitigation via policy-based patching and deployment of OS and third-party software, and includes a remote desktop compliant with modern privacy laws. The company was founded by Netwrix cybersecurity veterans Alex Vovk and Mike Walters to give companies and MSPs a modern and secure alternative to legacy on-premises solutions that do not function in hybrid workforce environments. For more information, please visit www.action1.com.
CONTACT: press@action1.com
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SOURCE Action1 Corporation | https://www.wagmtv.com/prnewswire/2022/07/07/updated-action1-rmm-automates-mitigation-remediation-security-vulnerabilities-hybrid-work-environments/ | 2022-07-07T12:46:37Z | https://www.wagmtv.com/prnewswire/2022/07/07/updated-action1-rmm-automates-mitigation-remediation-security-vulnerabilities-hybrid-work-environments/ | true |
Business owners flock to Las Vegas for the international brand's networking event, awards ceremony
DENVER, July 7, 2022 /PRNewswire/ -- PostNet, a global leader in high-quality printing and shipping solutions, celebrated franchise owners, welcomed vendors and discussed future endeavors at THRIVE 2022, PostNet's annual convention held recently at the Flamingo Hotel in Las Vegas.
"Thrive isn't just a conference theme for PostNet and its franchise owners, it's a mindset," said Bill McPherson, vice president of franchise development. "To say that the last few years have been challenging is an understatement, yet PostNet not only faced these challenges head-on, it overcame them and continued to grow. It feels good to be able to come together and celebrate the franchise owners and corporate staff responsible for this success."
Several awards were given out at the conference, including:
- Franchisee of the Year: David Petty, Austin, Texas
- Community Involvement Award: Caty Witt, Bakersfield, California
- Community Vitality Award: Shawna Hicks-Cranston, Lakewood Ranch, Florida
- Top Performer: David Petty, Austin, Texas; Todd Seidle, Village on the Creeks in Rogers, Arkansas, and Craig Garries, Lakewood, Colorado
- Great Start: Gary and Magda Good, Northlake, Texas, and Richard Wright, Chandler, Arizona
- Core Value Award: Ron Fehr, Wichita, Kansas; Allen Elks, Lumberton, North Carolina; Gary Good, Flower Mound, Texas/Northlake, Texas; Felice Parker, Dresher, Pennsylvania; William Martindale, Sturgis, Michigan; and Jerry Kahn, Lake Forest, Illinois
- Team Member of the Year Award: Morgan Bernard, Lakewood Ranch, Florida.
"The annual conference gives us an opportunity to honor the hardworking men and women that make PostNet excel, and it also gives us a chance to network and deepen bonds within the organization," McPherson said. "We have an opportunity to discuss strategy, develop goals and learn from each other's wins and even their losses. Everyone goes home with valuable tools and fresh ideas. It's always a great event."
For more information, visit https://www.postnet.com/.
PostNet opened its doors in 1993. With nearly 700 locations in North America, Central America, South America and Africa, PostNet is a global leader in printing and shipping solutions. In 2017, PostNet joined the MBE Worldwide family. Combined, MBE has nearly 2,600 locations in 44 countries. For more information about PostNet services, visit www.postnet.com. To learn about franchise opportunities, visit www.postnetfranchise.com.
MBE Worldwide S.p.A. ("MBE"), a privately-owned company with its headquarters in Italy, is a Global Commerce enabler for SMBs and consumers thanks to its platform providing e-commerce, fulfillment, shipping, marketing and print solutions via multi-brand operations: PrestaShop, Mail Boxes Etc. (except the US and Canada), PostNet, PACK & SEND, Spedingo.com, AlphaGraphics, Multicopy and Print Speak. The combination of our retail platform - that currently counts 2,900+ Service Centers in 53 Countries with more than 12.000 associates - with our PrestaShop ecommerce platform served almost one million business customers in FY 2021 generating €1.01 billion (US $1.2 billion) of System Wide Sales and €24 billion (US $28.5 billion) of e-commerce Gross Merchandise Value.
For additional information please visit MBE Worldwide Group websites at www.mbecorporate.com - www.prestashop.com/en - www.mbeglobal.com - www.postnet.com - www.packsend.com.au - www.spedingo.com/en - www.alphagraphics.com - www.multicopy.nl - www.printspeak.com - www.mbe.it - www.mbe.es - www.mbe.de - www.mbefrance.fr - www.mbe.pl - www.mbeportugal.pt - www.mbe.co.uk
MEDIA CONTACT:
Heather Ripley
Ripley PR
865-977-1973
hripley@ripleypr.com
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SOURCE PostNet | https://www.wlbt.com/prnewswire/2022/07/07/postnet-honors-franchisees-28th-annual-convention/ | 2022-07-07T12:48:15Z | https://www.wlbt.com/prnewswire/2022/07/07/postnet-honors-franchisees-28th-annual-convention/ | false |
“That was the beginning of the whole effort — a long-term multigeneration project,” says Tony, who runs his own government contracting firm.
At first, all options were on the table. Renovate the bachelor pad. Find a new house. Build the custom home of their dreams. No matter what, no stairs.
Their home sat on a lot that would have cramped a new single-story house. So a teardown was crossed off the list. They toured other places, but either didn’t love the style or the multilevel living.
“We were trying to avoid the stairs — single-floor living is where it’s at,” says Melissa, an OB/GYN. “The more we talked about that, our options were zero.”
So the pair tapped into the local real estate agent knowledge bank and got a lead on two adjacent five-acre lots a few miles away. They bought both in 2018 for $2.5 million. A house was already on the land, but a fire damaged it years earlier. The home was never repaired and ended up being demolished.
More questions posed to the referral network led the family to architect James McDonald, a principal at James McDonald Associate Architects, based in Great Falls.
McDonald had worked with Tony on a small bathroom remodel at his previous home, but this was a more ambitious project. The pair showed McDonald images of homes they liked, including Florida villas.
“They were looking for one-level living, a lot of interaction between the indoors and the outdoors, and a place for his office facilities,” McDonald says.
During a two-hour design charrette (a period of design or planning activity), McDonald sketched out the basics of what would become a home with a 6,000-square-foot main-floor living area not counting a full basement, two three-car garages and an indoor swimming pool.
The design process took a year. The construction lasted 16 months. Several lessons were learned along the way.
“I wish we had engaged an interior designer earlier in the process,” says Melissa. “Certain things became custom by two inches or two feet, when we could have used standard sizes, had we known.”
Martha Vicas, a principal at D.C.-based M.S. Vicas Interiors, was selected to help shepherd the project toward completion. Although the Colangelos admit to having slightly different tastes, Vicas wasn’t vexed.
“It is rare to find a couple that is completely aligned on style,” Vicas says. “I try to give each person a bit of what they want while doing what is right for the space.”
A referral from Vicas led the family to the next member of the design team, Jordan Clough, a senior associate at Joseph Richardson Landscape Architecture, also based in Washington. Part of Clough’s job was graciously framing the expansive house onto the site.
“The house is a one-story but has some good size to it,” Clough says. “We wanted to bring the house back down to scale in the landscape and soften the transition from the Great Falls vernacular of horse paddocks.”
Terraced walls and a stepped-up entrance are bordered by tough native plantings including river birch and Southern Magnolia trees, along with catmint and creeping juniper. Future plans include a trail system for the children.
The family decided to go with a design-bid-build scenario to put the house together. The arrangement separates the contracts for design services and the builder, who in this case was Artisan Builders, based in McLean, Va.
A circular motor court provides access to the still-evolving estate with custom touches starting at the 11-foot, pivoting front door. Tony ties the unique gateway back to a post seen on Pinterest. A barrel ceiling hallway illuminated by hidden cove lighting beckons toward the main living area. Melissa’s office is to the left and features a tray ceiling and an accent wall covered in an abstract-patterned wallpaper. There’s a combination of built-in drawers and open shelving for storage. Farther down the hall, there’s a powder room, an elevator to the basement and a coat closet.
All the floors on the main level are prefinished, engineered European oak. The hallway opens into the great room, which shares an open plan with the dining room and the kitchen. The great room has 15-foot ceilings with a window wall looking out onto the backyard. Recessed sliding doors open onto a framed-in loggia equipped with electronically controlled screens that can be dropped during bug season.
The screens turned out to be especially challenging, because the family room leads to an arched loggia, says Steve Yeonas Jr., a partner at Artisan Builders.
“We had to search the country to find the screen that goes up in the middle of the arch,” Yeonas says. “It’s about 20 feet tall and 20 feet wide, and there was only one guy in the country that would even do it.”
The great room accent wall includes banquette seating on both sides of a stone fireplace and chimney combination designed by Vicas.
“We wanted to create something that we had never seen before,” Vicas says. “We settled on a wall of oak slate, limestone and different types of custom leather and suede panels. The result is tons of subtle texture that drove the design of the entire room.”
The living room has two seating areas with the dining room separating the space from the kitchen. Once again, the family tapped their network and hired the company Lobkovich, based in Tysons, Va., to handle kitchen design duties.
The refrigerator is Sub-Zero and there are two cooktops both by Wolf, a combination of an induction unit and a 15-inch gas unit. The double wall ovens are also Wolf, and there is a steam oven by Miele. The dishwashers are Bosch. The kitchen countertops are quartzite.
J. Paul Lobkovich, president of the kitchen design company, was tasked with coming up with an oven hood that could match the chimney in the living room.
The hood is considered the “face of the kitchen,” because it is a prominent feature in many kitchen designs, Lobkovich says. The kitchen is directly opposite from the living room fireplace, and “we wanted to mirror the design of the fireplace without being literal,” he says. So, we interpreted the design and created a unique metal hood that references the fireplace design to give the space some balance.”
The right wing of the house includes two bedrooms for the kids, a guest suite and the main suite with an exterior door to the loggia. The main bathroom features a rain shower in a curbless enclosure with side jets and a stand-alone soaking tub. There are two matching painted wood vanities with nickel inlay trim and quartzite tops. Window coverings in the main bath were nixed in exchange for electrochromic windows that turn frosted at the push of a button.
The left wing of the house includes the dual garages, each with office space above. The year-round indoor pool measures 18 by 65 feet and is tucked behind the garages. A Victorian-style greenhouse imported from England stands on the property. There’s also a time-telling, custom armillary (a sphere of objects) with markings of the children’s birthdays. The basement includes a wine room, play space and home theater. The Colangelos wish to keep the construction costs private, but flipping the totally custom estate doesn’t seem to be in the cards.
“When we were making decisions about what to do on the house, whether it was structural or a design element, we were thinking about a 20-year life cycle,” says Tony. “We weren’t constrained by the need to flip the house — we’re thinking strategically, not tactically.” | https://www.washingtonpost.com/business/2022/07/07/great-falls-family-estate-rises-with-team-effort/ | 2022-07-07T12:48:42Z | https://www.washingtonpost.com/business/2022/07/07/great-falls-family-estate-rises-with-team-effort/ | true |
BRUSSELS (AP) — The European Union’s executive warned on Thursday that the continent is facing one of its toughest years when it comes to natural disasters like droughts and wildfires because of increasing climate change.
With extremely dry weather hitting several Mediterranean nations, EU Commissioner Maroš Šefčovič told legislators on Thursday that “the present drought in Europe could become the worst ever.” Fires ravaging huge swaths of countryside only acerbate the climate crisis, he said.
“Statistics show that since 2017, we have the most intense, intense forest fires ever seen in Europe. And that we unfortunately expect the 2022 forest fire season could follow this trend,” he said.
Extended drought conditions have hit several member states like Greece and Italy and a heat wave last month went as far up as northern Germany. It heightened concerns across Europe for more disasters for the rest of the summer.
Šefčovič said the EU is already funding the deployment of over 200 firefighters from across the bloc to deal with fires in Greece.
Italy is in the midst of an early summer heat wave, coupled with the worst drought in northern Italy in 70 years and the conditions were linked to the disaster last Sunday when a huge chunk of the Marmolada glacier cleaved off and crashed onto hikers.
The death toll stands at nine, with five people who had been hiking there still unaccounted for.
“The tragic event in Marmolada is just the latest example of disasters linked to warmer temperatures and thus to climate change,” Šefčovič said.
___
Follow AP’s climate coverage at https://apnews.com/hub/climate | https://www.seattletimes.com/business/eu-warns-of-dire-climate-season-ahead-with-droughts-fires/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_business | 2022-07-07T12:52:00Z | https://www.seattletimes.com/business/eu-warns-of-dire-climate-season-ahead-with-droughts-fires/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_business | true |
TORONTO, July 7, 2022 /PRNewswire/ - Talisker Resources Ltd. ("Talisker" or the "Company") (TSX: TSK) (OTCQX: TSKFF) is pleased to announce high-grade results within the Historic Ownership Gap between the Bralorne and Pioneer Mines.
- Hole SB-2022-016 and SB-2022-012 are located within the Bralorne East Block and focuses on a historic ownership gap between the Bralorne and Pioneer Mines.
- SB-2022-016 intersected a total of six veins highlighted by:
- Hole SB-2022-012 intersected two veins highlighted by:
- True widths are estimated at 70 - 90% of intercept lengths and are based on oriented core measurements where available.
- Talisker drilling to date at the Bralorne Gold Project has produced 397 vein intersections with a combined weighted average diluted grade of 9.50 g/t over an average intersection length of 1.73 metres.
Terry Harbort, President and CEO of Talisker, commented, "We are greatly encouraged by the development of new resource targets in the historic ownership gaps that exist between the old King, Bralorne and Pioneer mines. Delivering consistent high-grade and intercept thickness, these holes will add nicely to our upcoming resource estimate in this new, previously unexplored, and historically unmined area. We are waiting for our final 620 drill hole assay results from the laboratory so we can complete and release our eagerly awaited resource at Bralorne."
A total of 140,671 metres (290 holes) has been drilled since Talisker initiated drilling at the Project in February 2020. Currently, there are 620 samples at the assay laboratory, which are expected to be received by the Company shortly.
- Complete assay results received
- Located in the Bralorne East block and hosted in granite and diorite
- Taylor Vein intersected from 224.30 to 224.80 metres
- New vein intersected from 451.95 to 452.45 metres with visible gold
- New vein intersected from 455.10 to 455.65 metres
- New vein intersected from 461.60 to 462.75 metres with visible gold
- Complete assay results received
- Located in the Bralorne East block and hosted in granite and diorite
- New vein intersected from 135.10 to 135.60 metres with visible gold
- 51B FW intersected from 204.30 to 204.80 metres with visible gold
- New vein intersected from 294.55 to 295.05 metres
- 77 Vein intersected from 317.85 to 319.05 metres with visible gold
- New Vein intersected from 417.30 to 418.30 metres with visible gold
- 202 Vein intersected from 591.20 to 591.95 metres with visible gold
Major vein structures intersected are considered classic Bralorne crack-seal quartz-carbonate veins with densely banded sulphide septae. Crack-seal septae host fine-grained arsenopyrite and pyrite mineralization. Alteration halos consist of strong silica-sericite±mariposite alteration halos.
All reported drill assay results are available on the Company's website at the following link: https://taliskerresources.com/bralorne-gold-project-released-drill-results/.
Terry Harbort, President and CEO, and Matt Filgate, VP Corporate Development of Talisker will provide an update on the ongoing drill program and upcoming resource update during a webinar hosted by Adelaide Capital on Monday, July 11th at 12 pm ET. If you would like to participate you can register here: https://us02web.zoom.us/webinar/register/WN_6_BvI1MCTUypvvEYTPXy7Q.
The webinar will also be live streamed on the Adelaide Capital YouTube Channel here: https://www.youtube.com/channel/UC7Jpt_DWjF1qSCzfKlpLMWw. A replay will be made available on that channel after the event.
The technical information contained in this news release relating to the drill results at the Bralorne Gold Project has been approved by Leonardo de Souza (BSc, AusIMM (CP) Membership 224827), Talisker's Vice President, Exploration and Resource Development, who is a "qualified person" within the meaning of National Instrument 43-101, Standards of Disclosure for Mineral Projects.
Talisker (taliskerresources.com) is a junior resource company involved in the exploration of gold projects in British Columbia, Canada. Talisker's projects include two advanced stage projects, the Bralorne Gold Complex and the Ladner Gold Project, both advanced stage projects with significant exploration potential from historical high-grade producing gold mines, as well as its Spences Bridge Project where the Company holds ~85% of the emerging Spences Bridge Gold Belt and several other early-stage Greenfields projects. With its properties comprising 304,931 hectares over 500 claims, three leases and 197 crown grant claims, Talisker is a dominant exploration player in south-central British Columbia.
Drill core at the Bralorne Gold Project is drilled in HQ to NQ size ranges (63.5mm and 47.6mm, respectively). Drill core samples are a minimum of 50 cm and a maximum of 160 cm long along the core axis. Samples are focused on an interval of interest, such as a vein or zone of mineralization. Shoulder samples bracket the interval of interest such that a total sampled core length of not less than 3m both above and below the interval of interest must be assigned. Sample QAQC measures of unmarked certified reference materials (CRMs), blanks, and duplicates are inserted into the sample sequence and makeup 9% of the samples submitted to the lab for holes reported in this release. ALS Global performs sample preparation and analyses in North Vancouver, British Columbia. Drill core sample preparation includes drying in an oven at a maximum temperature of 60°C, fine crushing of the sample to at least 70% passing less than 2 mm, sample splitting using a riffle splitter, and pulverizing a 250 g split to at least 85% passing 75 microns (ALS code PREP-31). Gold in diamond drill core is analyzed by fire assay and atomic absorption spectroscopy (AAS) of a 50g sample (ALS code Au-AA26), while multi-element chemistry is analyzed by 4- Acid digestion of a 0.25 g sample split with detection by inductively coupled plasma mass spectrometer (ICP-MS) for 48 elements (Ag, Al, As, Ba, Be, Bi, Ca, Cd, Ce, Co, Cr, Cs, Cu, Fe, Ga, Ge, Hf, In, K, La, Li, Mg, Mn, Mo, Na, Nb, Ni, P, Pb, Rb, Re, S, Sb, Sc, Se, Sn, Sr, Ta, Te, Th, Ti, Tl, U, V, W, Y, Zn, Zr). Gold assay technique (ALS code Au-AA26) has an upper detection limit of 100 ppm. Any sample that produces an over-limit gold value via the gold assay technique is sent for gravimetric finish (ALS method Au-GRA22) which has an upper detection limit of 10,000 ppm Au.
Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on Talisker's current belief or assumptions as to the outcome and timing of such future events. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to Talisker. Although such statements are based on reasonable assumptions of Talisker's management, there can be no assurance that any conclusions or forecasts will prove to be accurate.
Forward looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to changes in project parameters as plans continue to be redefined, risks relating to variations in grade or recovery rates, risks relating to changes in mineral prices and the worldwide demand for and supply of minerals, risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks regulatory risks, including risks relating to the acquisition of the necessary licenses and permits, financing, capitalization and liquidity risks, title and environmental risks and risks relating to the failure to receive all requisite shareholder and regulatory approvals.
The forward-looking information contained in this release is made as of the date hereof, and Talisker is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties and assumptions contained herein, investors should not place undue reliance on forward-looking information. The foregoing statements expressly qualify any forward-looking information contained herein.
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SOURCE Talisker Resources Ltd | https://www.kait8.com/prnewswire/2022/07/07/talisker-intersects-4193-gt-au-over-125-metres-within-968-gt-au-over-560-metres-bralorne-gold-project/ | 2022-07-07T12:53:55Z | https://www.kait8.com/prnewswire/2022/07/07/talisker-intersects-4193-gt-au-over-125-metres-within-968-gt-au-over-560-metres-bralorne-gold-project/ | false |
Democrats want to tax high earners to protect Medicare solvency
WASHINGTON (AP) — Senate Democrats want to boost taxes on some high earners and use the money to extend the solvency of Medicare, the latest step in the party’s election-year attempt to craft a scaled-back version of the economic package that collapsed last year, Democratic aides told The Associated Press.
Democrats expect to submit legislative language on their Medicare plan to the Senate’s parliamentarian in the next few days, the aides said. It was the latest sign that Majority Leader Chuck Schumer, D-N.Y., and Sen. Joe Manchin, D-W.Va., could be working toward a compromise bill the party hopes to push through Congress this summer over solid Republican opposition. Manchin scuttled last year’s bill.
Under the latest proposal, people earning more than $400,000 a year and couples making more than $500,000 would have to pay a 3.8% tax on their earnings from tax-advantaged businesses called pass throughs. Until now, many of them have been using a loophole to avoid paying that levy.
That would raise an estimated $203 billion over a decade, which Democrats say would be used to delay until 2031 a shortfall in the Medicare trust fund that pays for hospital care. That fund is currently projected to start running out of money in 2028, three years earlier.
Most U.S. businesses are pass throughs, which include partnerships and sole proprietorships and range from one-person law practices to some large companies. Owners count the profits as income when they pay individual income taxes, but such companies do not pay corporate taxes — meaning they avoid paying two levels of taxation.
Democrats this week also sent the parliamentarian a separate 190-page piece of the emerging Schumer-Manchin compromise that would lower prescription drug costs for patients and the government. Provisions include requiring Medicare to negotiate drug prices, limiting beneficiaries’ out-of-pocket costs to $2,000 annually and increasing federal subsidies for copays and premiums for some low-income people.
With November elections for control of Congress approaching, Democrats hope the two proposals will be a remedy for a campaign season that so far looks bleak. Republicans are favored to win a majority in the House and could do the same in the Senate.
Democrats say both plans will show voters they are battling to curb health care costs and protect the widely popular Medicare program, positions they say will be dangerous for Republicans to oppose. Polls show widespread public alarm over recent months’ historically high inflation rates, supply chain problems and other economic issues that along with President Joe Biden’s dismal popularity ratings are pushing voters Republicans’ way, the GOP says.
Schumer and Manchin have been bargaining privately for weeks on a package aides say could include around $500 billion in spending and tax credits, more than paid for with about $1 trillion in revenue and other savings. Schumer has described the talks as productive but acknowledged that some issues remain unresolved.
Energy and environment programs, corporate taxes, IRS budget increases to strengthen tax enforcement and a renewal of soon-to-expire federal subsidies for people buying health insurance under President Barack Obama’s health care law are also under discussion, aides say.
It remains uncertain what will emerge from the talks. The aides described the latest proposals and status of negotiations only on the condition of anonymity because they were not authorized to disclose the information by name.
The suggestions of progress were emerging seven months after Manchin derailed a roughly $2 trillion, 10-year social and environment bill, dealing a stunning blow to a cornerstone of Biden’s domestic agenda.
The Democratic-run House approved the measure in November, but Manchin abruptly announced he could not support the legislation because of its cost and his worries that it would fuel inflation. Similar provisions lowering pharmaceutical prices and raising taxes on some upper-income people were in that bill.
The West Virginian’s backing remains crucial in the 50-50 Senate. Democrats are using special procedures that would let them pass the pared-down package over expected unanimous GOP opposition with the tie-breaking vote of Vice President Kamala Harris.
Democrats are expected to unanimously back the Medicare solvency and prescription drug plans, one Democratic aide said.
“Medicare is a lifeline for millions of American seniors, and Senator Manchin has always supported pathways to ensure it remains solvent. He remains optimistic there is a path to do just that,” his spokesperson Sam Runyon said.
Senate parliamentarian Elizabeth MacDonough will have to certify that the new bill’s provisions adhere to the chamber’s budget rules. Last year, she ruled that language making it easier for immigrants to remain in the U.S. had to be removed because it violated prohibitions against using the special procedures to enact significant policy changes.
Medicare has 64 million beneficiaries. Its trust fund covering hospital services, called Part A, is financed largely from taxes deducted from peoples’ paychecks.
That trust fund gained two years of solvency, until 2028, in last month’s report by the program’s board of trustees. It attributed the improvement to the economy’s recovery from the coronavirus pandemic-spawned recession.
But both Medicare and Social Security face long-range financing problems, and the trustees suggested that lawmakers act “sooner rather than later” to strengthen them. Without congressional action, Medicare’s hospital trust fund would be able to pay only 90% of its costs in 2028 and less thereafter, the trustees said.
The proposal to increase taxes on some wealthier Americans would raise $203 billion over the coming decade, according to information examined by the AP that Congress’ Joint Committee on Taxation provided to Senate Democrats. Federal actuaries told the Democrats that such financing would delay the trust fund’s shortfall until 2031, another document showed.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wymt.com/2022/07/07/democrats-want-tax-high-earners-protect-medicare-solvency/ | 2022-07-07T12:55:06Z | https://www.wymt.com/2022/07/07/democrats-want-tax-high-earners-protect-medicare-solvency/ | false |
The Marshall Fire brought seemingly insurmountable pain and difficulties to those who lost their homes. It is understandable that some are relieved not to have to rebuild to the latest sustainable standards, and to be able to continue using methane (aka “natural”) gas-burning appliances.
Others may be aware of the oil and gas industry campaign to spread disinformation about all-electric rebuilding costs, perhaps having read exposés on the industry front group Coloradans for Energy Access by Colorado Public Radio or Desmog.
And while forward-thinking, clean energy building codes have been suspended for the fire area, residents can still choose to reap the many benefits of a healthy, electric home. What are some of those benefits?
Lower initial costs: Rebuilding all-electric with heat pumps and induction stoves can cost less than a methane gas home. New homes with methane gas appliances and a separate A/C system need gas infrastructure throughout, along with flues and venting systems to prevent gas-related carbon monoxide poisoning. All-electric homes’ cold-climate heat pump systems also provide A/C and have their own electric back-up, so no methane infrastructure, service or gas backup is needed. Plus there are many heat pump rebates and incentives available to further lower the overall expense.
Ongoing low energy costs: As gas prices spike with supply, climate and geopolitical instability, the cost of running a highly efficient electric home is expected to remain low and more stable than gas.
Improved health: An abundance of peer-reviewed studies shows that using methane gas for cooking and heating releases breathable toxics that can cause or worsen many illnesses and diseases, including asthma, cancer, death and more. Switching to a healthy electric home reduces these health threats and their associated financial and emotional burdens.
Climate change mitigation: We have the home tech solutions right now to help mitigate some of the worst effects of climate change and reduce the future likelihood of such catastrophes as the Marshall Fire. We no longer need to burn the greenhouse gas methane in our homes, a fossil fuel with 80 times the global warming impact of CO2 over a 20-year period.
International Conflict: Petro-state dictators rely on the huge international demand for fossil fuels to finance their military assaults and line their and their cronies’ pockets. Cutting off their fossil-fuel revenue pipelines can lower the risk of military adventurism and its attendant human suffering.
Energy independence and security: We now know that trying to drill and frack our way to energy independence and security only feeds our fossil fuel dependence, delaying society’s urgent and necessary transition to renewable energy, and corrupting our democracy. Energy independence and security will only come from freeing ourselves of our fossil fuel addiction.
Home market values: As our society moves away from polluting, expensive, climate and health-harming fossil fuels, methane gas homes will become more and more unattractive and undesirable relics of the past. Healthy electric homes, conversely, will be seen as more desirable, commanding higher home prices.
Please go to HealthyElectricHomes.org for more information and to see a list of HVAC contractors who would be eager to discuss the possibilities of an electric home with you. Thank you.
Sasha Stiles is on the board of Physicians for Social Responsibility, Colorado. Stiles lives in Superior.
Harv Teitelbaum is on the board of Physicians for Social Responsibility, Colorado. | https://www.dailycamera.com/2022/07/07/guest-opinion-sasha-stiles-harv-teitelbaum-marshall-fire-rebuilding-should-be-forward-thinking/ | 2022-07-07T12:55:59Z | https://www.dailycamera.com/2022/07/07/guest-opinion-sasha-stiles-harv-teitelbaum-marshall-fire-rebuilding-should-be-forward-thinking/ | true |
Stock markets recovered further on Thursday as investors weighed recession risks, while the pound rallied as Britain's scandal-hit Prime Minister Boris Johnson prepared to quit as leader of the Conservative party.
Elsewhere, oil prices climbed and the euro remained around 20-year lows versus the dollar.
"Stocks bounce as pressure points ease," noted independent markets analyst Stephen Innes.
The Federal Reserve on Wednesday stressed its readiness to continue hiking US interest rates to tackle soaring inflation.
Minutes of their last meeting made clear that officials did not plan to let up in efforts this year to try and cool prices.
Inflation stands at the highest levels since the early 1980s both in the United States and Britain, where attention on Thursday was firmly on political upheaval gripping the nation.
The pound rallied against the dollar and euro, with Johnson set to resign later in the day as Conservative party leader, according to local media – paving the way for a successor to replace him as prime minister.
Dozens of ministers have quit his scandal-hit government since Tuesday, including former finance chief Rishi Sunak.
"The pound is pushing higher, hitting session highs inching closer back up to... $1.20, a critical support level it broke below this week amid the political and economic uncertainty," said Victoria Scholar, head of investment at Interactive Investor.
The currency market is relieved that Johnson is finally resigning, removing some of the political uncertainty that was priced into the pound- Victoria Scholar, head of investment at Interactive Investor
"The currency market is relieved that Johnson is finally resigning, removing some of the political uncertainty that was priced into the pound and paving the way for a new prime minister," she added.
The euro meanwhile remained under $1.02 – a level it slumped under this week on its way to hitting a 20-year low.
The European single currency is being hammered by growing fears of a recession for the eurozone and the likelihood of more aggressive US interest-rate hikes.
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Support Us | https://timesofmalta.com/articles/view/stocks-climb-recession-watch-pound-gains-johnson-exit.966670 | 2022-07-07T12:57:25Z | https://timesofmalta.com/articles/view/stocks-climb-recession-watch-pound-gains-johnson-exit.966670 | true |
While Consumer Sentiment has Weakened, Household Balance Sheets Remain in Good Shape
NEW YORK, July 7, 2022 /PRNewswire/ -- The Bank of America Institute published a new article today which shows consumer spending continues to demonstrate some signs of resiliency despite a backdrop of rising inflation. Total aggregated Bank of America credit and debit card spending was up 11% year over year in June, compared to 13% and 9% in April and May year over year respectively. Spending growth per household increased 3.3% year over year in the 28 days prior to June 30. Gas prices continue to squeeze consumers but spending on services such as travel and entertainment is still boosted by pent-up demand. The labor market remains supportive of consumers, and their balance sheets are in good shape.
Highlights of the publication:
- Aggregated Bank of America credit and debit card spending was up 11% in June year-over-year; within this, credit card spending rose by 16% year over year, while debit card spending increased by 6% year over year
- Aggregated Bank of America credit and debit card spending growth per household has been slowing, up 3.3% year over year in the 28 days prior to June 30, lagging broader economic indicators such as the Consumer Price Index and Personal Consumption Expenditure. Some of this slowdown may be due to the waning of the boost from pent-up demand for vacations.
- Average gas spending as a share of total card spending per household rose to 9.8% in June for lower-income households (<$50k per year), up from 7.7% in February.
- Looking at total card spending excluding gas and grocery, the year over year growth rate for lower-income households contracted 1.0% year over year; for higher-income households, growth excluding gas and grocery remained positive but is on a downward trend.
"Consumers are in better shape to respond to a slowdown in the U.S. economy than they have been in many previous business cycles," said David Tinsley, senior economist for the Bank of America Institute. "But with some slowdown in services spending, we may need to wait until the summer is over to get a clearer picture of the strength of the underlying consumer momentum."
About the Consumer Checkpoint
Consumer Checkpoint is a regular publication from the Bank of America Institute. It aims to provide a holistic and real-time estimate of US consumers' spending and their financial well-being, leveraging the depth and breadth of Bank of America proprietary data. Such data is not intended to be reflective or indicative of, and should not be relied upon as, the results of operations, financial conditions, or performance of Bank of America.
About the Bank of America Institute
The Bank of America Institute is dedicated to uncovering powerful insights that move business and society forward. Established in 2022, the Institute is a think tank that draws on data and analyses from across the bank and the world to provide timely and original perspectives on the economy, Environmental, Social and Governance (ESG), and global transformation. The Institute leverages the depth and breadth of the bank's proprietary data, from 67 million consumer and small business clients, 54 million verified digital users, $3.8T in total payments in 2021 and $1.4T in consumer and wealth management deposits. From this robust data set, the Institute provides a unique perspective on the health of the economy. It also elevates thought leadership from throughout the bank that addresses long-term trends and shares these findings with the general public.
Bank of America
Bank of America is one of the world's leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 67 million consumer and small business clients with approximately 4,100 retail financial centers, approximately 16,000 ATMs, and award-winning digital banking with approximately 54 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 3 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and approximately 35 countries. Bank of America Corporation stock (NYSE: BAC) is listed on the New York Stock Exchange.
For more Bank of America news, including dividend announcements and other important information, register for email news alerts.
Reporters may contact:
Melissa Anchan, Bank of America
Phone: 1.646.532.9241
melissa.anchan@bofa.com
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Coimbatore Corporation to create sustainable green space in city
The Coimbatore Corporation plans to increase green cover in the city by encouraging afforestation through Miyawaki method of planting.
Corporation Commissioner M. Prathap told The Hindu, “The civic body has planned to create Miwayaki forests in the Open Space Reservation (OSR) lands in all the 100 wards.”
The Commissioner, who had recently participated in the 11th World Urban Forum, a Global Conference on Sustainable Urbanisation in Katowice, Poland, said European nations focused on urban development without compromising on greenery.
The Corporation had already created 20 such forests on OSR lands across the city with the help of non-governmental organisations (NGOs). “Native species will be planted in 80 more sites, one in each ward, through the Miyawaki method before August 15,” he added. The corporation was looking forward to NGOs and resident welfare associations to develop park sites using this method.
R. Manikandan of Kovai Kulangal Padhukappu Amaippu said this effort would provide a breathing space between concrete buildings. Within the native species, preference should be given to herbal trees, fruits and flowering plants which could be grown easily.
He also suggested for creating theme based tree parks like ‘one tree species for one park’. Trees that attracted birds and butterflies should be given preference.
Nurseries
The Corporation had also planned to create five nurseries, one in each zone, and started taking surveys to find about the feasibility of sites with adequate water supply. It planned to enter into a Memorandum of Understanding with Tamil Nadu Agriculture University that would provide technical expertise, said Mr. Prathap.
“The objective is to provide the plants free of cost to the urban tree plantation drive by the government and at a subsidised rate to volunteers,” the Commissioner said.
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FDA indicates the Company may proceed with the Phase 3 clinical study of buntanetap for the treatment of Parkinson's disease
BERWYN, Pa., July 7, 2022 /PRNewswire/ -- Annovis Bio, Inc. (NYSE: ANVS) ("Annovis" or the "Company"), a late-stage clinical drug platform company addressing neurodegenerative diseases, announced today that the Company received notice from the FDA that the Phase 3 clinical study in early Parkinson's patients may proceed. The FDA accepted the final protocol and the clinical development plan, approved the use of the Company's new large-scale batch of good manufacturing practice material, and found the chronic toxicology in rats and dogs safe and adequate to support long-term human studies lasting decades compared to the previous restriction of one month.
Following a successful Type B meeting for the continued development of buntanetap in Parkinson's disease with the FDA earlier this year, the Company requested consideration from the FDA on amending the accepted development plan, finalizing the protocol for the Phase 3 study, and proceeding with longer duration clinical trials. The Company submitted all the safety data in mice, rats, dogs and over 200 humans, the chemistry, manufacturing, and controls package for the new large-scale batch, and all the data accumulated over the years for the Company's Alzheimer's disease program that also pertained to Parkinson's disease program.
"We are pleased that the FDA has approved our clinical trial design in early PD patients and called it a well-designed study. The positive FDA review affirms the Company's path to securing approval for buntanetap to treat neurodegenerative diseases, including Parkinson's and Alzheimer's diseases, with longer treatment regimens," said Maria L. Maccecchini, Ph.D., Founder, President, and CEO of Annovis Bio. "With this FDA notice in hand, we are thrilled to start recruiting for the US clinical trial soon, expected later this summer."
Buntanetap (previously known as ANVS401 or Posiphen) is an oral translational inhibitor of neurotoxic aggregating proteins (TINAPs), which mode of action leads to lower levels of neurotoxic proteins and consequently less toxicity in the brain. In a Phase 2a clinical trial in AD and PD patients, treatment with buntanetap resulted in statistically significant improvement in motor function in PD patients and cognition in AD patients. Additionally, the drug was well-tolerated and safe, and its pharmacokinetics were found to be in line with levels measured earlier in humans, meeting both the primary and secondary endpoints.
Headquartered in Berwyn, Pennsylvania, Annovis Bio, Inc. is a late-stage clinical drug platform company developing transformative therapies that treat neurodegenerative disorders such as Alzheimer's disease (AD), Parkinson's disease (PD) and other chronic and acute neurodegenerative diseases. The Company believes that it is the only company developing a drug that inhibits more than one neurotoxic protein, improves the information highway of the nerve cell, known as axonal transport, reduces inflammation and protects nerve cells from dying in chronic and acute neurodegeneration. Annovis conducted two Phase 2 studies: one in AD patients and one in both AD and PD patients. In the AD/PD study, buntanetap showed improvements in cognition and memory in AD as well as body and brain function in PD patients.
For more information on Annovis Bio, please visit the Company's website www.annovisbio.com and follow us on LinkedIn and Twitter.
Statements in this press release contain "forward-looking statements" that are subject to substantial risks and uncertainties. Forward-looking statements contained in this press release may be identified by the use of words such as "anticipate," "expect," "believe," "will," "may," "should," "estimate," "project," "outlook," "forecast" or other similar words, and include, without limitation, statements regarding the timing, effectiveness, and anticipated results of buntanetap clinical trials. Forward-looking statements are based on Annovis Bio, Inc.'s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled "Risk Factors" in the Annual Report on Form 10-K for the year ended December 31, 2021, filed with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Annovis Bio, Inc. undertakes no duty to update such information except as required under applicable law.
Media and Investor Contact:
Nic Johnson
Russo Partners, LLC
(303) 482-6405
nic.johnson@russopartnersllc.com
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Committee to shortlist names for VC post
The Ministry of Education has constituted a three-member committee to recommend names for the post of Vice-Chancellor of Gandhigram Rural Institute (GRI) near Dindigul, says a press release issued here on Wednesday.
Registrar-in-charge, GRI, G. Muralidharan said that H.C.S. Rathore, former Vice-Chancellor, Central University of South Bihar in Patna, has been appointed as the chairman of the committee. The other members of the committee are Jatin Kumar Harjivandas Soni, former Vice-Chancellor of Swarnim Gujarat Sports University in Gandhinagar and V. Murugesan, former Vice-Chancellor of Annamalai University in Chidambaram.
The committee will scrutinise the applications and recommend names to the Ministry of Education for appointment of Vice-Chancellor.
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Reiterates Full Year Revenue Guidance of $55 - $60 Million
ANDOVER, Mass., July 7, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna", "the Company", "we" or "us") today announced results for its fiscal second quarter ended May 31, 2022.
Second Quarter 2022 Financial Highlights and Updates:
- Revenues were $11.6 million for the second quarter of fiscal year 2022 (Q2FY22) compared to $13.4 million in the second quarter of fiscal year 2021 (Q2FY21).
- Order backlog as of May 31, 2022 was $0.8 million.
- Gross margin was 52.7% for Q2FY22 compared to 56.4% for Q2FY21.
- Net loss was $(3.0) million for Q2FY22 compared to net income of $2.0 million for Q2FY21.
- Non-GAAP adjusted EBITDA1 was $(0.9) million in Q2FY22 compared to $2.8 million for Q2FY21.
- 1,483,790 shares of common stock repurchased for $12.3 million during Q2FY 22, completing year-to-date repurchase program of 1,779,458 shares for $15.0 million.
- Entry to the self-defense spray market with acquisition of Fox Labs International on May 25, 2022.
Second Quarter 2022 Business Overview
Revenues decreased 13.3% to $11.6 million in Q2FY22 from $13.4 million in Q2FY21. Revenue in the second quarter of 2021 was unusually high due to a surge in sales after Byrna's product was featured on Fox News' "Hannity Show", a nationally syndicated news program on April 3rd of that year. This "Hannity effect" generated approximately $7.5 million in additional orders in the three weeks following Hannity's mention of the Byrna on national TV.
Gross profit was $6.1 million, or 52.7% of reported net revenue, in Q2FY22. This was down from 56.4% of net revenue, in Q2FY21. The reduction in gross profit margin was due to higher freight costs (as a result of increased energy costs and the lingering effects of the supply chain disruption) and a higher proportion of lower margin international sales in the current quarter.
The higher freight costs reduced gross profit margins by 1.9%. We expect freight costs to remain high for the balance of 2022, however, freight costs should come down significantly in 2023 as Byrna is able to start utilizing ocean freight, which is a fraction of the cost of air-freight. Byrna is currently building inventory so that it will have sufficient raw material and component inventory on hand to allow us to transition from air-freight to ocean-freight without risking an interruption in production.
Gross profit margins also decreased due to an unusually high percentage of international sales this past quarter. International sales, which are made through distributors rather than through dealers or direct to consumer, are lower margin sales. In Q2 2022 international sales represented 23.3% of Byrna's total sales versus just 4.0% in Q2 2021. The gross profit margin on these sales was 42.3% (compared to 55.9% on Byrna's domestic sales). Consequently, the incremental additional international sales in 2022 accounted for 2.6% of the difference in Byrna's gross profit margin when compared to the same period in FY2021.
Operating expenses rose to $8.7 million in Q2FY22 from $5.5 million in Q2FY21. Payroll and compensation related costs increased $1.8 million from $2.8 million in Q2FY21 to $4.6 million in Q2FY22. The increase is due primarily to Byrna's investment in the future growth of the Company and the hiring of additional staff needed to support these growth initiatives. As Byrna has invested in a number of new products and new markets we have needed to hire product managers and additional sales and marketing personnel to build out these market segments. While these new business segments have yet to show significant revenues, we believe that they are critical to our future growth.
Specifically, over the last year Byrna has kicked off a major School Safety initiative, hiring Parkland Dad, Andy Pollack to spearhead this effort and establishing a School Safety focused facility in Melbourne Florida, headed up by Troy Main, to support this initiative. Byrna is currently offering training and site evaluation to school districts free of charge in order to drive awareness of the Byrna Ballistipac, a backpack that converts into full body armor with a single motion. The Ballistipac, which can stop six (6) rounds from an AR-15, comes equipped with a "Stop-the-bleed" kit and a MOLLE and is designed to give School Resource Officers (SROs) the ability to engage an active shooter and to treat injured students. Byrna has also invested in the development and marketing of the Byrna Shield, a lightweight "bullet proof" shield designed to fit easily into a child's backpack, that can stop six (6) rounds from a 44 Magnum handgun.
While we have not yet seen significant revenue from these product lines, given the terrible tragedies of the last several months, we believe that when children head back to school in August, these products will start to gain traction with parents and administrators as they come to terms with the need to better outfit their SROs and better protect their students and teachers.
Byrna also purchased Mission Less Lethal last year in order to gain access to less-lethal long-gun technology necessary to penetrate the law enforcement market. Byrna has spent significant resources re-designing these products and developing a marketing campaign and law enforcement training materials for the TCR and Mission-4. Production of the Byrna TCR's and Byrna Mission-4's has just started with the first TCR's reaching customers last month and the first Byrna produced Mission-4's scheduled to ship later in July. The Company expects that these products will add millions of dollars in additional revenue over the balance of FY22.
Late in Q2FY22, Byrna acquired Fox Labs International, manufacturer of one of the strongest and most effective defense sprays on the market. The Company hired David Happe to head up Byrna's Aerosol Spray Division and since the acquisition, Byrna has been spending significant resources to launch its new Byrna Bad Guy Repellant (BGR) and upgrade the Fox Labs go-to-market strategy, including website redevelopment, updating of the marketing materials and building out of the Fox Labs Amazon website. The Company strongly believes that the ability to offer a best-in-class price point product will allow Byrna to both increase its online conversion rate and to penetrate a broader array of brick & mortar retailers.
Finally, Byrna has opened a facility in Redmond Oregon to produce its 12-gauge less-lethal rounds. Byrna hired ballistics expert Brian Kinney to help with the final development and testing of Byrna's new 12-gauge less-lethal ammunition and to set up Byrna's manufacturing operation in Oregon. Byrna hopes to be able to release the first 12-gauge rounds to market in Q4FY22. This would be the culmination of a multi-year, multi-million dollar project that Byrna believes could add tens of millions of dollars of incremental revenue over time. Accurate at distances in excess of 25 meters, this round would have the potential to introduce Byrna to the tens of millions of US shotgun owners, who for a fraction of the cost of a launcher, could convert their existing 12-gauge shotguns into a highly effective less-lethal launcher.
In addition to the investment in these growth initiatives, payroll and compensation related costs in Q2FY22 were impacted by a $0.6 million non-cash accounting adjustment needed to reflect a modification of Byrna's long-term equity incentive plans. Additionally, Q2FY22 included $0.4 million of one-time severance costs compared to $0 in Q2FY21.
Net loss in Q2FY2022 was $(3.0) million, or $(0.13) per share, compared to net income available to common shareholders of $1.0 million, or $0.06 per share, in Q2FY2021. For the six months ending May 31, 2022 the Company is reporting a net loss of $(6.2) million. Adding back certain non-cash and one-time expenses, non-GAAP adjusted EBITDA1 for Q2FY2022 was a loss of $(0.9) million, bringing year-to-date non-GAAP adjusted EBITDA to a loss of $(2.4) million.
Financial Position as of May 31, 2022:
- Total cash and cash equivalents of $25.8 million down from total cash and cash equivalents of $56.3 million at November 30, 2021.
- Total assets of $56.7 million, down from $75.3 million at November 30, 2021
- No current or long-term debt
During the six months ended May 31, 2022, the Company used $15 million of cash and cash equivalents to repurchase 1,779,458 shares of its common stock. The Company has invested cash in increased working capital levels, including a $6.9 million increase in inventory, and has invested $1.9 million in capital expenditure for the machinery and equipment to expand its manufacturing capabilities and product offering. On May 25, 2022, the Company acquired Fox Labs International, a producer of defensive pepper sprays, catering primarily to law enforcement and other security professionals, for a net cash payment of $1.9 million.
Commentary:
Bryan Ganz, CEO of Byrna, commented "While on face of it, the second quarter FY2022 numbers appear to suggest that Byrna lost ground as compared to the second quarter of FY2021, when one peels back the onion, it is clear that the Company is continuing to make substantial progress as we lay the foundation for continued growth."
"Organic order flow for the quarter was quite strong compared to last year when you consider that last year, approximately $7.5 million of orders could be traced to the "Hannity Effect." During Q2FY22, excluding the $7.5 million in orders that can be traced directly to the Hannity endorsement in April of last year, orders on Byrna.com were up 79% in Q2FY22 vs. Q2FY21. If we include orders on Amazon.com, total e-commerce orders for the quarter were up 114% versus a normalized Q2FY21. We also saw sequential quarter-over-quarter e-commerce order growth (Q2FY22 vs. Q1FY22) of 14% or 17.5% including Amazon.com orders (which equals a 90% CAGR). We are continuing to see extremely strong order growth on Amazon.com with sales increasing from $224,000 in January to $624,000 in June."
"Similarly, while overall margins declined year-over-year, margins on our critical domestic market were within 1% of last year's level despite incurring an additional 1.9% in costs directly attributable to higher freight costs. With the build-up of inventory levels, Byrna hopes to be able to start taking advantage of the significantly lower ocean freight costs by the end of 2022."
"Byrna also made substantial progress in terms of both supply chain management and production. As we announced on May 5th, we moved into a greenfield manufacturing facility in Ft. Wayne. While the move was disruptive, we still were able to produce approximately 43,000 launchers during the quarter, up from just 19,000 launchers in Q1 of this year. This leaves Byrna well stocked for Q3, with 19,500 launchers in finished goods inventory."
"While operating expenses (OPEX) were up $3.2 million year-over-year, from $5.5 million to $8.7 million, they were in line with the last two quarters' average of $8.4 million. More importantly, before non-cash incentive compensation expenses and one time severance costs, OPEX for the quarter was $6.3 million (down slightly from last quarter's OPEX less non-cash incentive stock comp and severance OPEX of $6.45 million)."
"Last quarter we stated that we had seen 'a leveling off in Byrna's operating expense budget and stated that OPEX should remain reasonably constant at this level for the remainder of FY 22 with the only increases coming from one-time charges and additional variable operating expenses such as credit card fees, Amazon fees and outbound freight which will all increase as sales increase.' We continue to believe that we have seen a leveling off of our OPEX and our Q2FY22 results show this."
"In summary, we are extremely pleased with the progress that we have made so far this year in terms of not only growing Byrna's brand awareness and driving our top-line but also in terms of putting in place the infrastructure and products needed to drive the Byrna's future growth."
Conference Call
Byrna Technologies will host a conference call later this morning at 9:00 am ET to review these results. Interested parties may listen to the call by dialing (301) 715-8592 or (312) 626-6799 or may register for the webcast of the call at https://audience.mysequire.com/webinar-view?webinar_id=e582b54f-1e21-457d-a2d9-9575ab6f87b5. The question-and-answer portion of the call will be open to industry research analysts. If you are unable to listen live, you may register at the above link to listen to the webcast after the call. The conference call webcast will be archived on Byrna Technologies' website for thirty days.
About Byrna Technologies Inc.
Byrna is a technology company, specializing in the development, manufacture, and sale of innovative non-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company's investor relations site here. The Company is the manufacturer of the Byrna® SD personal security device, a state-of-the-art handheld CO2 powered launcher designed to provide a non-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company's e-commerce store.
Forward Looking Information
This news release contains "forward-looking statements" within the meaning of the securities laws. All statements contained in this news release, other than statements of current and historical fact, are forward-looking. Often, but not always, forward-looking statements can be identified by the use of words such as "plans," "expects," "intends," "anticipates," and "believes" and statements that certain actions, events or results "may," "could," "would," "should," "might," "occur," or "be achieved," or "will be taken." Forward-looking statements include descriptions of currently occurring matters which may continue in the future. Forward-looking statements in this news release include but are not limited to the Company's statements regarding expected trends in freight costs and methods, the likelihood of production interruptions, gross margins for international sales, future growth and staffing needs, expected sales growth in school safety products during the back-to-school season in August, potential shipment timing and revenue from TCR and Mission-4 over the balance of FY22, the effect of the addition of aerosol spray products on Byrna's online conversion rate and brick & mortar sales, the timing and outcome of the development, launch and revenue impact of the first 12-gauge rounds, and that operating expenses levels will remain consistent for the remainder of the fiscal year. Forward-looking statements are not, and cannot be, a guarantee of future results or events. Forward-looking statements are based on, among other things, opinions, assumptions, estimates, and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies, and other factors that may cause actual results and events to be materially different from those expressed or implied.
Any number of risk factors could affect our actual results and cause them to differ materially from those expressed or implied by the forward-looking statements in this news release, including, but not limited to, disappointing market responses to current or future products or services; delays in launching new products; prolonged, new, or exacerbated disruption of our supply chain; the further or prolonged disruption of new product development; production or distribution or delays in entry or penetration of sales channels due to inventory constraints, competitive factors, pandemic-related factors, civil unrest, increased shipping costs or freight interruptions; prototype, parts and material shortages, particularly of parts sourced from limited or sole source providers; reduced air freight capacity; determinations by third party controlled distribution channels, including Amazon, not to carry or reduce inventory of our products; potential cancellations of existing or future orders including as a result of any fulfillment delays, introduction of competing products, negative publicity, or other factors; product design defects or recalls; litigation, enforcement proceedings or other regulatory or legal developments; changes in consumer or political sentiment affecting product demand; regulatory factors including the impact of commerce and trade laws and regulations; import-export related matters or sanctions or embargos that could affect the Company's supply chain or markets; delays in planned operations related to licensing, registration or permit requirements; and future restrictions on the Company's cash resources, increased costs and other events that could potentially reduce demand for the Company's products or result in order cancellations. The order in which these factors appear should not be construed to indicate their relative importance or priority. We caution that these factors may not be exhaustive; accordingly, any forward-looking statements contained herein should not be relied upon as a prediction of actual results. Investors should carefully consider these and other relevant factors, including those risk factors in Part I, Item 1A, ("Risk Factors") in our most recent Form 10-K, should understand it is impossible to predict or identify all such factors or risks, should not consider the foregoing list, or the risks identified in our SEC filings, to be a complete discussion of all potential risks or uncertainties, and should not place undue reliance on forward-looking information. The Company assumes no obligation to update or revise any forward-looking information, except as required by applicable law.
Contact:
Byrna Technologies Inc.
David North, Chief Financial Officer
978-269-7785
Non-GAAP Financial Measures
In addition to providing financial measurements based on generally accepted accounting principles in the United States (GAAP), we provide the following additional financial metrics that are not prepared in accordance with GAAP (non-GAAP): adjusted EBITDA, non-GAAP adjusted net loss, and non-GAAP adjusted net loss per share. Management uses these non-GAAP financial measures, in addition to GAAP financial measures, to understand and compare operating results across accounting periods, for financial and operational decision making, for planning and forecasting purposes and to evaluate our financial performance. We believe that these non-GAAP financial measures help us to identify underlying trends in our business that could otherwise be masked by the effect of certain expenses that we exclude in the calculations of the non-GAAP financial measures.
Accordingly, we believe that these non-GAAP financial measures reflect our ongoing business in a manner that allows for meaningful comparisons and analysis of trends in the business and provides useful information to investors and others in understanding and evaluating our operating results, enhancing the overall understanding of our past performance and future prospects.
These non-GAAP financial measures do not replace the presentation of our GAAP financial results and should only be used as a supplement to, not as a substitute for, our financial results presented in accordance with GAAP. There are limitations in the use of non-GAAP measures, because they do not include all the expenses that must be included under GAAP and because they involve the exercise of judgment concerning exclusions of items from the comparable non-GAAP financial measure. In addition, other companies may use other non-GAAP measures to evaluate their performance, or may calculate non-GAAP measures differently, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison.
25
Adjusted EBITDA
Adjusted EBITDA is defined as net (loss) income as reported in our condensed consolidated statements of operations and comprehensive (loss) income excluding the impact of (i) depreciation and amortization; (ii) income tax provision (benefit); (iii) interest income (expense); (iv) stock-based compensation expense; and (v) other expenses. Our Adjusted EBITDA measure eliminates potential differences in performance caused by variations in capital structures (affecting finance costs), tax positions, the cost and age of tangible assets (affecting relative depreciation expense) and the extent to which intangible assets are identifiable (affecting relative amortization expense). We also exclude certain one-time and non-cash costs. Reconciliation of Adjusted EBITDA to net (loss) income, the most directly comparable GAAP measure, is as follows (in thousands):
Non-GAAP adjusted net loss and non-GAAP adjusted net loss per share
Non-GAAP adjusted net loss is defined as net (loss) income as reported in our condensed consolidated statements of operations and comprehensive (loss) income excluding the impact of (i) stock-based compensation expense and (ii) other expenses. Our non-GAAP adjusted net loss measure eliminates potential differences in performance caused by certain non-cash and one-time costs. We also provide non-GAAP adjusted net loss per share by dividing non-GAAP adjusted net loss by the average basic shares outstanding for the period. Reconciliation of Non-GAAP adjusted net (loss) income to net (loss) income, the most directly comparable GAAP measure, is as follows (in thousands):
1 See non-GAAP financial measures at the end of this press release for a reconciliation and a discussion of non-GAAP financial measures.
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EU warns of dire climate season ahead with droughts, fires
BRUSSELS (AP) — The European Union’s executive is warning that the continent is facing one of its toughest years when it comes to natural disasters like droughts and wildfires because of increasing climate change. EU Commissioner Maros Sefcovic says that “the present drought in Europe could become the worst ever.” Extremely dry weather is hitting several Mediterranean nations and fires ravage huge swaths of countryside. Sefcovic says that “statistics show that since 2017, we have the most intense, intense forest fires ever seen in Europe. And that we unfortunately expect the 2022 forest fire season could follow this trend.” | https://kion546.com/news/ap-national-business/2022/07/07/eu-warns-of-dire-climate-season-ahead-with-droughts-fires-2/ | 2022-07-07T12:58:33Z | https://kion546.com/news/ap-national-business/2022/07/07/eu-warns-of-dire-climate-season-ahead-with-droughts-fires-2/ | false |
Reiterates Full Year Revenue Guidance of $55 - $60 Million
ANDOVER, Mass., July 7, 2022 /PRNewswire/ -- Byrna Technologies Inc. (NASDAQ: BYRN) ("Byrna", "the Company", "we" or "us") today announced results for its fiscal second quarter ended May 31, 2022.
Second Quarter 2022 Financial Highlights and Updates:
- Revenues were $11.6 million for the second quarter of fiscal year 2022 (Q2FY22) compared to $13.4 million in the second quarter of fiscal year 2021 (Q2FY21).
- Order backlog as of May 31, 2022 was $0.8 million.
- Gross margin was 52.7% for Q2FY22 compared to 56.4% for Q2FY21.
- Net loss was $(3.0) million for Q2FY22 compared to net income of $2.0 million for Q2FY21.
- Non-GAAP adjusted EBITDA1 was $(0.9) million in Q2FY22 compared to $2.8 million for Q2FY21.
- 1,483,790 shares of common stock repurchased for $12.3 million during Q2FY 22, completing year-to-date repurchase program of 1,779,458 shares for $15.0 million.
- Entry to the self-defense spray market with acquisition of Fox Labs International on May 25, 2022.
Second Quarter 2022 Business Overview
Revenues decreased 13.3% to $11.6 million in Q2FY22 from $13.4 million in Q2FY21. Revenue in the second quarter of 2021 was unusually high due to a surge in sales after Byrna's product was featured on Fox News' "Hannity Show", a nationally syndicated news program on April 3rd of that year. This "Hannity effect" generated approximately $7.5 million in additional orders in the three weeks following Hannity's mention of the Byrna on national TV.
Gross profit was $6.1 million, or 52.7% of reported net revenue, in Q2FY22. This was down from 56.4% of net revenue, in Q2FY21. The reduction in gross profit margin was due to higher freight costs (as a result of increased energy costs and the lingering effects of the supply chain disruption) and a higher proportion of lower margin international sales in the current quarter.
The higher freight costs reduced gross profit margins by 1.9%. We expect freight costs to remain high for the balance of 2022, however, freight costs should come down significantly in 2023 as Byrna is able to start utilizing ocean freight, which is a fraction of the cost of air-freight. Byrna is currently building inventory so that it will have sufficient raw material and component inventory on hand to allow us to transition from air-freight to ocean-freight without risking an interruption in production.
Gross profit margins also decreased due to an unusually high percentage of international sales this past quarter. International sales, which are made through distributors rather than through dealers or direct to consumer, are lower margin sales. In Q2 2022 international sales represented 23.3% of Byrna's total sales versus just 4.0% in Q2 2021. The gross profit margin on these sales was 42.3% (compared to 55.9% on Byrna's domestic sales). Consequently, the incremental additional international sales in 2022 accounted for 2.6% of the difference in Byrna's gross profit margin when compared to the same period in FY2021.
Operating expenses rose to $8.7 million in Q2FY22 from $5.5 million in Q2FY21. Payroll and compensation related costs increased $1.8 million from $2.8 million in Q2FY21 to $4.6 million in Q2FY22. The increase is due primarily to Byrna's investment in the future growth of the Company and the hiring of additional staff needed to support these growth initiatives. As Byrna has invested in a number of new products and new markets we have needed to hire product managers and additional sales and marketing personnel to build out these market segments. While these new business segments have yet to show significant revenues, we believe that they are critical to our future growth.
Specifically, over the last year Byrna has kicked off a major School Safety initiative, hiring Parkland Dad, Andy Pollack to spearhead this effort and establishing a School Safety focused facility in Melbourne Florida, headed up by Troy Main, to support this initiative. Byrna is currently offering training and site evaluation to school districts free of charge in order to drive awareness of the Byrna Ballistipac, a backpack that converts into full body armor with a single motion. The Ballistipac, which can stop six (6) rounds from an AR-15, comes equipped with a "Stop-the-bleed" kit and a MOLLE and is designed to give School Resource Officers (SROs) the ability to engage an active shooter and to treat injured students. Byrna has also invested in the development and marketing of the Byrna Shield, a lightweight "bullet proof" shield designed to fit easily into a child's backpack, that can stop six (6) rounds from a 44 Magnum handgun.
While we have not yet seen significant revenue from these product lines, given the terrible tragedies of the last several months, we believe that when children head back to school in August, these products will start to gain traction with parents and administrators as they come to terms with the need to better outfit their SROs and better protect their students and teachers.
Byrna also purchased Mission Less Lethal last year in order to gain access to less-lethal long-gun technology necessary to penetrate the law enforcement market. Byrna has spent significant resources re-designing these products and developing a marketing campaign and law enforcement training materials for the TCR and Mission-4. Production of the Byrna TCR's and Byrna Mission-4's has just started with the first TCR's reaching customers last month and the first Byrna produced Mission-4's scheduled to ship later in July. The Company expects that these products will add millions of dollars in additional revenue over the balance of FY22.
Late in Q2FY22, Byrna acquired Fox Labs International, manufacturer of one of the strongest and most effective defense sprays on the market. The Company hired David Happe to head up Byrna's Aerosol Spray Division and since the acquisition, Byrna has been spending significant resources to launch its new Byrna Bad Guy Repellant (BGR) and upgrade the Fox Labs go-to-market strategy, including website redevelopment, updating of the marketing materials and building out of the Fox Labs Amazon website. The Company strongly believes that the ability to offer a best-in-class price point product will allow Byrna to both increase its online conversion rate and to penetrate a broader array of brick & mortar retailers.
Finally, Byrna has opened a facility in Redmond Oregon to produce its 12-gauge less-lethal rounds. Byrna hired ballistics expert Brian Kinney to help with the final development and testing of Byrna's new 12-gauge less-lethal ammunition and to set up Byrna's manufacturing operation in Oregon. Byrna hopes to be able to release the first 12-gauge rounds to market in Q4FY22. This would be the culmination of a multi-year, multi-million dollar project that Byrna believes could add tens of millions of dollars of incremental revenue over time. Accurate at distances in excess of 25 meters, this round would have the potential to introduce Byrna to the tens of millions of US shotgun owners, who for a fraction of the cost of a launcher, could convert their existing 12-gauge shotguns into a highly effective less-lethal launcher.
In addition to the investment in these growth initiatives, payroll and compensation related costs in Q2FY22 were impacted by a $0.6 million non-cash accounting adjustment needed to reflect a modification of Byrna's long-term equity incentive plans. Additionally, Q2FY22 included $0.4 million of one-time severance costs compared to $0 in Q2FY21.
Net loss in Q2FY2022 was $(3.0) million, or $(0.13) per share, compared to net income available to common shareholders of $1.0 million, or $0.06 per share, in Q2FY2021. For the six months ending May 31, 2022 the Company is reporting a net loss of $(6.2) million. Adding back certain non-cash and one-time expenses, non-GAAP adjusted EBITDA1 for Q2FY2022 was a loss of $(0.9) million, bringing year-to-date non-GAAP adjusted EBITDA to a loss of $(2.4) million.
Financial Position as of May 31, 2022:
- Total cash and cash equivalents of $25.8 million down from total cash and cash equivalents of $56.3 million at November 30, 2021.
- Total assets of $56.7 million, down from $75.3 million at November 30, 2021
- No current or long-term debt
During the six months ended May 31, 2022, the Company used $15 million of cash and cash equivalents to repurchase 1,779,458 shares of its common stock. The Company has invested cash in increased working capital levels, including a $6.9 million increase in inventory, and has invested $1.9 million in capital expenditure for the machinery and equipment to expand its manufacturing capabilities and product offering. On May 25, 2022, the Company acquired Fox Labs International, a producer of defensive pepper sprays, catering primarily to law enforcement and other security professionals, for a net cash payment of $1.9 million.
Commentary:
Bryan Ganz, CEO of Byrna, commented "While on face of it, the second quarter FY2022 numbers appear to suggest that Byrna lost ground as compared to the second quarter of FY2021, when one peels back the onion, it is clear that the Company is continuing to make substantial progress as we lay the foundation for continued growth."
"Organic order flow for the quarter was quite strong compared to last year when you consider that last year, approximately $7.5 million of orders could be traced to the "Hannity Effect." During Q2FY22, excluding the $7.5 million in orders that can be traced directly to the Hannity endorsement in April of last year, orders on Byrna.com were up 79% in Q2FY22 vs. Q2FY21. If we include orders on Amazon.com, total e-commerce orders for the quarter were up 114% versus a normalized Q2FY21. We also saw sequential quarter-over-quarter e-commerce order growth (Q2FY22 vs. Q1FY22) of 14% or 17.5% including Amazon.com orders (which equals a 90% CAGR). We are continuing to see extremely strong order growth on Amazon.com with sales increasing from $224,000 in January to $624,000 in June."
"Similarly, while overall margins declined year-over-year, margins on our critical domestic market were within 1% of last year's level despite incurring an additional 1.9% in costs directly attributable to higher freight costs. With the build-up of inventory levels, Byrna hopes to be able to start taking advantage of the significantly lower ocean freight costs by the end of 2022."
"Byrna also made substantial progress in terms of both supply chain management and production. As we announced on May 5th, we moved into a greenfield manufacturing facility in Ft. Wayne. While the move was disruptive, we still were able to produce approximately 43,000 launchers during the quarter, up from just 19,000 launchers in Q1 of this year. This leaves Byrna well stocked for Q3, with 19,500 launchers in finished goods inventory."
"While operating expenses (OPEX) were up $3.2 million year-over-year, from $5.5 million to $8.7 million, they were in line with the last two quarters' average of $8.4 million. More importantly, before non-cash incentive compensation expenses and one time severance costs, OPEX for the quarter was $6.3 million (down slightly from last quarter's OPEX less non-cash incentive stock comp and severance OPEX of $6.45 million)."
"Last quarter we stated that we had seen 'a leveling off in Byrna's operating expense budget and stated that OPEX should remain reasonably constant at this level for the remainder of FY 22 with the only increases coming from one-time charges and additional variable operating expenses such as credit card fees, Amazon fees and outbound freight which will all increase as sales increase.' We continue to believe that we have seen a leveling off of our OPEX and our Q2FY22 results show this."
"In summary, we are extremely pleased with the progress that we have made so far this year in terms of not only growing Byrna's brand awareness and driving our top-line but also in terms of putting in place the infrastructure and products needed to drive the Byrna's future growth."
Conference Call
Byrna Technologies will host a conference call later this morning at 9:00 am ET to review these results. Interested parties may listen to the call by dialing (301) 715-8592 or (312) 626-6799 or may register for the webcast of the call at https://audience.mysequire.com/webinar-view?webinar_id=e582b54f-1e21-457d-a2d9-9575ab6f87b5. The question-and-answer portion of the call will be open to industry research analysts. If you are unable to listen live, you may register at the above link to listen to the webcast after the call. The conference call webcast will be archived on Byrna Technologies' website for thirty days.
About Byrna Technologies Inc.
Byrna is a technology company, specializing in the development, manufacture, and sale of innovative non-lethal personal security solutions. For more information on the Company, please visit the corporate website here or the Company's investor relations site here. The Company is the manufacturer of the Byrna® SD personal security device, a state-of-the-art handheld CO2 powered launcher designed to provide a non-lethal alternative to a firearm for the consumer, private security, and law enforcement markets. To purchase Byrna products, visit the Company's e-commerce store.
Forward Looking Information
This news release contains "forward-looking statements" within the meaning of the securities laws. All statements contained in this news release, other than statements of current and historical fact, are forward-looking. Often, but not always, forward-looking statements can be identified by the use of words such as "plans," "expects," "intends," "anticipates," and "believes" and statements that certain actions, events or results "may," "could," "would," "should," "might," "occur," or "be achieved," or "will be taken." Forward-looking statements include descriptions of currently occurring matters which may continue in the future. Forward-looking statements in this news release include but are not limited to the Company's statements regarding expected trends in freight costs and methods, the likelihood of production interruptions, gross margins for international sales, future growth and staffing needs, expected sales growth in school safety products during the back-to-school season in August, potential shipment timing and revenue from TCR and Mission-4 over the balance of FY22, the effect of the addition of aerosol spray products on Byrna's online conversion rate and brick & mortar sales, the timing and outcome of the development, launch and revenue impact of the first 12-gauge rounds, and that operating expenses levels will remain consistent for the remainder of the fiscal year. Forward-looking statements are not, and cannot be, a guarantee of future results or events. Forward-looking statements are based on, among other things, opinions, assumptions, estimates, and analyses that, while considered reasonable by the Company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies, and other factors that may cause actual results and events to be materially different from those expressed or implied.
Any number of risk factors could affect our actual results and cause them to differ materially from those expressed or implied by the forward-looking statements in this news release, including, but not limited to, disappointing market responses to current or future products or services; delays in launching new products; prolonged, new, or exacerbated disruption of our supply chain; the further or prolonged disruption of new product development; production or distribution or delays in entry or penetration of sales channels due to inventory constraints, competitive factors, pandemic-related factors, civil unrest, increased shipping costs or freight interruptions; prototype, parts and material shortages, particularly of parts sourced from limited or sole source providers; reduced air freight capacity; determinations by third party controlled distribution channels, including Amazon, not to carry or reduce inventory of our products; potential cancellations of existing or future orders including as a result of any fulfillment delays, introduction of competing products, negative publicity, or other factors; product design defects or recalls; litigation, enforcement proceedings or other regulatory or legal developments; changes in consumer or political sentiment affecting product demand; regulatory factors including the impact of commerce and trade laws and regulations; import-export related matters or sanctions or embargos that could affect the Company's supply chain or markets; delays in planned operations related to licensing, registration or permit requirements; and future restrictions on the Company's cash resources, increased costs and other events that could potentially reduce demand for the Company's products or result in order cancellations. The order in which these factors appear should not be construed to indicate their relative importance or priority. We caution that these factors may not be exhaustive; accordingly, any forward-looking statements contained herein should not be relied upon as a prediction of actual results. Investors should carefully consider these and other relevant factors, including those risk factors in Part I, Item 1A, ("Risk Factors") in our most recent Form 10-K, should understand it is impossible to predict or identify all such factors or risks, should not consider the foregoing list, or the risks identified in our SEC filings, to be a complete discussion of all potential risks or uncertainties, and should not place undue reliance on forward-looking information. The Company assumes no obligation to update or revise any forward-looking information, except as required by applicable law.
Contact:
Byrna Technologies Inc.
David North, Chief Financial Officer
978-269-7785
Non-GAAP Financial Measures
In addition to providing financial measurements based on generally accepted accounting principles in the United States (GAAP), we provide the following additional financial metrics that are not prepared in accordance with GAAP (non-GAAP): adjusted EBITDA, non-GAAP adjusted net loss, and non-GAAP adjusted net loss per share. Management uses these non-GAAP financial measures, in addition to GAAP financial measures, to understand and compare operating results across accounting periods, for financial and operational decision making, for planning and forecasting purposes and to evaluate our financial performance. We believe that these non-GAAP financial measures help us to identify underlying trends in our business that could otherwise be masked by the effect of certain expenses that we exclude in the calculations of the non-GAAP financial measures.
Accordingly, we believe that these non-GAAP financial measures reflect our ongoing business in a manner that allows for meaningful comparisons and analysis of trends in the business and provides useful information to investors and others in understanding and evaluating our operating results, enhancing the overall understanding of our past performance and future prospects.
These non-GAAP financial measures do not replace the presentation of our GAAP financial results and should only be used as a supplement to, not as a substitute for, our financial results presented in accordance with GAAP. There are limitations in the use of non-GAAP measures, because they do not include all the expenses that must be included under GAAP and because they involve the exercise of judgment concerning exclusions of items from the comparable non-GAAP financial measure. In addition, other companies may use other non-GAAP measures to evaluate their performance, or may calculate non-GAAP measures differently, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison.
25
Adjusted EBITDA
Adjusted EBITDA is defined as net (loss) income as reported in our condensed consolidated statements of operations and comprehensive (loss) income excluding the impact of (i) depreciation and amortization; (ii) income tax provision (benefit); (iii) interest income (expense); (iv) stock-based compensation expense; and (v) other expenses. Our Adjusted EBITDA measure eliminates potential differences in performance caused by variations in capital structures (affecting finance costs), tax positions, the cost and age of tangible assets (affecting relative depreciation expense) and the extent to which intangible assets are identifiable (affecting relative amortization expense). We also exclude certain one-time and non-cash costs. Reconciliation of Adjusted EBITDA to net (loss) income, the most directly comparable GAAP measure, is as follows (in thousands):
Non-GAAP adjusted net loss and non-GAAP adjusted net loss per share
Non-GAAP adjusted net loss is defined as net (loss) income as reported in our condensed consolidated statements of operations and comprehensive (loss) income excluding the impact of (i) stock-based compensation expense and (ii) other expenses. Our non-GAAP adjusted net loss measure eliminates potential differences in performance caused by certain non-cash and one-time costs. We also provide non-GAAP adjusted net loss per share by dividing non-GAAP adjusted net loss by the average basic shares outstanding for the period. Reconciliation of Non-GAAP adjusted net (loss) income to net (loss) income, the most directly comparable GAAP measure, is as follows (in thousands):
1 See non-GAAP financial measures at the end of this press release for a reconciliation and a discussion of non-GAAP financial measures.
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SOURCE Byrna Technologies Inc. | https://www.wflx.com/prnewswire/2022/07/07/byrna-technologies-reports-second-quarter-2022-financial-results/ | 2022-07-07T12:58:45Z | https://www.wflx.com/prnewswire/2022/07/07/byrna-technologies-reports-second-quarter-2022-financial-results/ | false |
NPR's A Martinez talks to Diane Derzis, owner of Jackson Women's Health Organization. After Roe was overturned, a judge rejected the clinic's request to temporarily block the state's trigger law.
Copyright 2022 NPR
NPR's A Martinez talks to Diane Derzis, owner of Jackson Women's Health Organization. After Roe was overturned, a judge rejected the clinic's request to temporarily block the state's trigger law.
Copyright 2022 NPR | https://www.kcbx.org/2022-07-07/mississippis-only-abortion-clinic-has-closed-its-doors-for-good | 2022-07-07T13:02:09Z | https://www.kcbx.org/2022-07-07/mississippis-only-abortion-clinic-has-closed-its-doors-for-good | true |
ALPHARETTA, Ga., July 7, 2022 /PRNewswire/ -- An innovative new All-in-one music production and entertainment center is opening its doors in metro Atlanta. The unprecedented media complex is the brainchild of Emerald Nation Entertainment label heads Lamar and Kimberly Robinson, who just announced the official Grand Opening date set for August 6th, 2022. "We created this Entertainment Multiplex to be a mecca for new and established recording artists from Atlanta as well as world-wide," the Robinsons explained.
With an established track record of veteran music producers and music industry executives, Emerald Nation has also recently expanded its industry prowess, by partnering with Sony Music's celebrated New York-based label "The Orchard", which will serve as the exclusive distributor for Emerald Nation's global releases.
With multiple write-ups in Billboard, and other top outlets, Emerald Nation has implanted its indelible mark in the world of music and entertainment, with new Hip-Hop and R&B recording acts such as "Bobby Zepplin", "G-wiz" and legendary Rap performer "Big Gooch" of the T.R.U Stone Family, whom of which stream over 75k plays weekly as a collective, on global services such as Spotify, Tidal & Apple Music.
Emerald Nation Entertainment has established a multi-faceted "A' La Carte" Media Compound in the city of Alpharetta, Georgia unrivaled by its predecessors. This Universal Media Center encompasses:
- A full-scale luxurious entertainment facility
- A State-of-the-Art recording studio with accomplished in-house engineers
- A sprawling "Green Room" designed to film Music Videos and Photoshoots
- An enormous "Live" Performance area & Dance Studio and Rehearsal space
- A comprehensive Video Podcasting Studio and multifarious meeting room space
- An on-site Barbershop with professional stylists full-service Bar & Grill
- A luxurious Cinema infused lounge area
When asked to comment on the future of their multi-plex and global distribution company, label heads Lamar and Kimberly stated, "We're not only establishing a nation-wide network of recording artists and producers, but we've also found a unique way to inspire creatives to achieve their complete potential in a relaxing and user-friendly environment."
Emerald Nation Entertainment has also ensured its success by staffing prestigious executives such as VP of Distribution, Grant Baker, the nephew of legendary Jazz Singer/Songwriter Oscar Brown Jr., who's also worked with Bravo TV's Real Housewives Star Kandi Burruss from the multi-platinum group Xscape, as well as international recording artist Akon and more. Also, under the tutelage of iconic music producer Mike Powell, credited for his work with 8-time Grammy Award Winning singer Anita Baker, label head Lamar Robinson served as an apprentice & understudy.
Media Contact:
Lamar or Kim Robinson
Phone: 678-587-5488
Email: emeraldexecutive@emeraldnationent.com
Website: www.emeraldnationent.com
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Denise Richards has no limits when it comes to supporting her daughter Sami Sheen.
On July 6, the Real Housewives of Beverly Hills alum shared why she joined OnlyFans—a subscription service platform—days after Sami, 18, had created an account.
"My daughter got a lot of backlash for opening the account," she explained in an interview with KTLA. "I had heard of OnlyFans but I wasn't educated on what OnlyFans was and once I started to learn about it, I really think that the creators of the site really took the best of every platform of social media and put it into one site. You own your content. The other sites, they can sell your content."
Denise added, "We all post pictures with ourselves with bathing suits on Instagram and some of the other sites that there's no difference other than you actually own the content."
The 51-year-old model announced that she was joining OnlyFans on June 23, telling her followers to click the link in her bio to see more content.
The link brought her more than 1.4 million Instagram followers directly to her OnlyFans account, which only allowed subscribers to view her content for either $25 a month or $67.50 for three months.
Though Denise didn't receive much backlash for joining the platform, her daughter Sami faced criticism from her father Charlie Sheen, who said in a statement to E! News June 13, "I do not condone this, but since I'm unable to prevent it, I've urged her to keep it classy, creative and not sacrifice her integrity. She is 18 years old now and living with her mother. This did not occur under my roof."
In response, Denise told E! News that joining OnlyFans was Sami's choice and was out of her hands. "This decision wasn't based on whose house she lives in," the actress said. "All I can do as a parent is guide her and trust her judgment, but she makes her own choices."
The Two and a Half Men star later had a change of heart about his daughter's new venture and told E! News on June 19, "Now more than ever, it's essential that Sami have a united parental front to rely upon, as she embarks on this new adventure. From this moment forward, she'll have it abundantly." | https://www.eonline.com/ca/news/1337091/denise-richards-defends-decision-to-join-onlyfans-after-daughter-sami-sheen-got-backlash | 2022-07-07T13:05:03Z | https://www.eonline.com/ca/news/1337091/denise-richards-defends-decision-to-join-onlyfans-after-daughter-sami-sheen-got-backlash | true |
Leaders of Choice is the educational program United Imaging and AHRA Announced Jointly in May.
HOUSTON, July 7, 2022 /PRNewswire/ -- United Imaging confirmed that its Houston-based U.S. leadership team will be on hand in Phoenix for the AHRA (Association for Medical Imaging Management) Annual Meeting starting this weekend.
The two organizations announced the Leaders of Choice program in the spring; the three year program will run for a full year, starting with a half day workshop at AHRA's 2022 Annual Meeting in Phoenix followed by 9 webinars, and culminating at AHRA 2023. Leaders of Choice will prepare senior imaging professionals to be the confident, next-level leaders needed to manage the increasingly complex healthcare environment. In addition to growing overall business skills, presentation skills, and financial acumen, participants will be challenged to be bold thinkers, capable of changing the status quo and choosing the path forward for their organizations. The program is facilitated by AHRA's long-time partner Traction Business Development.
United Imaging, which has historically broken from industry norms to take a case-by-case approach on whether to have a traditional booth at each industry meeting in which it participates, will have a large booth at AHRA with two pieces of equipment this year. The company, which manufactures equipment for the U.S. market in four different modalities, will show two of its pioneering systems. The uMR OMEGA™ is the world's first 75 cm, ultra-wide-bore MRI with a 60 cm field of view and high homogeneity. The uCT® ATLAS is a 640-slice system with an 82 cm bore featuring uAI®AI-IR, the world's first combination of deep learning and iterative reconstruction.
Beyond the leading technical specs, United Imaging is well known for pioneering disruptive approaches for purchasing and maintaining medical imaging equipment. That's something the company says it is uniquely positioned to do because it exerts higher-than-normal supply chain control in its manufacturing, which in turn has a positive impact on quality, speed, and costs that United Imaging redirects into helping customers get more from their equipment. A marquis example is Software Upgrades for Life™ where the company provides the latest software upgrades, including new features and packages, at no charge to its installed base, so their machines stay modern and continue to perform at the highest possible level over time. This breaks the traditional model where the industry typically charges heavy fees for the delivery of new functionality.
"I would simply ask customers in this market whether they have ever seen this offered," suggested Jeffrey M. Bundy, Ph.D., CEO of United Imaging Healthcare Solutions. "Ask anyone else in the market to explain how they provide a commitment for such value-filled continuing improvement and new capabilities over time. We should all be challenged to show how we offer ongoing improvements to imaging providers, because that's what patients ultimately deserve."
ABOUT UNITED IMAGING
At United Imaging, we develop and produce advanced medical products, digital healthcare solutions, and intelligent solutions that cover the entire process of imaging diagnosis and treatment. Founded in 2011, our company has subsidiaries and R&D centers across the world. Our North American headquarters in Houston includes our corporate offices, factory, product showroom, service training center, and service parts distribution center. With a cutting-edge digital portfolio and a mission of Equal Healthcare for All™, we help drive industry progress and bold change.
To learn more, visit united-imaging.com or follow us on LinkedIn and Twitter @UnitedImagingHC.
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The Giant Company to Offer
Mmm Meatballs, Cajun Sausage, Bratwurst Sausage, and The Stuffed Beast in 130 Stores
VANCOUVER, BC, July 7, 2022 /PRNewswire/ - The Very Good Food Company Inc. (NASDAQ: VGFC) (TSXV: VERY.V) (FSE: OSI) ("VERY GOOD" or the "Company"), is pleased to announce increased U.S. retail expansion via a new agreement with The Giant Company ("Giant"). With Giant's presence throughout Pennsylvania, Maryland, Virginia, and West Virginia as well as online shopping and delivery to New Jersey, this retail distribution significantly expands VERY GOOD'S product availability on the U.S. Eastern Seaboard.
Giant has made the strategic decision to increase its assortment of plant-based foods as it strengthens its emphasis on healthy eating, and the retailer believes VERY GOOD's product offering will attract a wide range of shoppers, from those avoiding animal products to others trying flexitarian or vegetarian diets. VERY GOOD'S Butcher's Select line including Mmm Meatballs, Cajun, and Bratwurst Sausages, along with The Stuffed Beast from Very Good Butchers' original line of products, will be placed within the Healthy, Natural, Organic (HNO) section of Giant stores.
VERY GOOD's CEO, Parimal Rana, commented on the Company's new distribution with Giant. "This is yet another win for our team in line with our refocused strategy of expanding our retail footprint Giant is known as a forward-thinking company and has a history of successfully introducing innovative brands to consumers. Their inclusion of our Meatballs, Cajun & Bratwurst sausages, and The Stuffed Beast products is yet another opportunity for us to gain new customer adoption. With our natural and clean plant-based ingredients, we are confident in our products' ability to perform well within Giant's HNO venue".
VERY GOOD targets the plant-based foods market opportunity with a differentiated approach - by creating plant-based food options from whole food ingredients, without compromising taste and texture.
The Giant Company is an American supermarket chain that operates stores in Pennsylvania, Maryland, Virginia, and West Virginia and provides online shopping and delivery to New Jersey through Giant Direct. The Giant Co. is a subsidiary of Ahold Delhaize, which also owns similarly-named Giant Food of Landover, Maryland. The Giant Company is operates 190 stores, 133 pharmacies, 105 fuel stations, and 175 grocery pickup hubs. Sister companies include Food Lion, Stop & Shop, and Hannaford Supermarkets; which are all subsidiaries of Ahold Delhaize.
The VERY GOOD Food Company Inc. is an emerging plant-based food technology company that produces nutritious and delicious plant-based meat and cheese products under VERY GOOD's core brands: The VERY GOOD Butchers and The VERY GOOD Cheese Co. www.verygoodfood.com.
OUR MISSION IS LOFTY BUT BEAUTIFULLY SIMPLE: GET MILLIONS TO RETHINK THEIR FOOD CHOICES WHILE HELPING THEM DO THE WORLD A WORLD OF GOOD. BY OFFERING PLANT-BASED FOOD OPTIONS SO DELICIOUS AND NUTRITIOUS, WE'RE HELPING THIS KIND OF DIET BECOME THE NORM.
ON BEHALF OF THE VERY GOOD FOOD COMPANY INC.
Parimal Rana
Chief Executive Officer
This news release contains "forward-looking information" within the meaning of applicable securities laws in Canada and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995, including Section 21E of the Securities Exchange Act of 1934, as amended (collectively referred to as "forward-looking information"), for the purpose of providing information about management's current expectations and plans relating to the future. Readers are cautioned that reliance on such information may not be appropriate for other purposes. Forward-looking information may be identified by words such as "plans", "proposed", "expects", "anticipates", "intends", "estimates", "may", "will", and similar expressions. Forward-looking information contained or referred to in this news release includes, but is not limited to: the new distribution agreement with Giant including the number of stores expected to carry VERY GOOD's products, the types of products expected to be carried and the benefits the Company expects to derive from the Giant listing , as well as VERY GOOD's beliefs as to the health and nutritional attributes of its products and their ability to perform well within Giant's HNO venue, and its differentiated approach in the plant-based market. Forward-looking information is based on a number of factors and assumptions which have been used to develop such information, but which may prove to be incorrect including, but not limited to, material assumptions with respect to the Company's ability to continue as a going concern; the Company's ability to manage recent personnel changes; and the Company's ability to successfully execute on its updated business strategy outlined in its most recently filed interim Management's Discussion and Analysis for the three months ended March 31, 2022, which is available at www.sedar.com and www.sec.gov. The Company's ability to execute on its strategy may also depend on the Company's ability to accurately forecast customer demand for its products and manage its current and future inventory levels, continued demand for VERY GOOD's products, continued growth of the popularity of meat alternatives and the plant-based food industry, no material deterioration in general business and economic conditions, the successful placement of VERY GOOD's products in retail stores and distribution in the food service channel, the Company's ability to remain listed on the Nasdaq, VERY GOOD's ability to successfully enter new markets, VERY GOOD's ability to obtain necessary production equipment and human resources as needed, VERY GOOD's relationship with its suppliers, distributors and third-party logistics providers, and management's ability to position VERY GOOD competitively. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, undue reliance should not be placed on forward-looking information because VERY GOOD can give no assurance that such expectations will prove to be correct. Risks and uncertainties that could cause actual results, performance or achievements of VERY GOOD to differ materially from those expressed or implied in such forward-looking information include, among others, the impact of, uncertainties and risks associated with negative cash flow and future financing requirements to sustain and grow operations, limited history of operations and revenues and no history of earnings or dividends, competition, risks relating to the availability of raw materials, risks relating to regulation on social media, expansion of facilities, risks related to credit facilities, dependence on senior management and key personnel, availability of labor, general business risk and liability, regulation of the food industry, change in laws, regulations and guidelines, compliance with laws, risks related to third party logistics providers, unfavorable publicity or consumer perception, increased costs as a result of being a United States public company, product liability and product recalls, risks related to intellectual property, risks relating to co-manufacturing, risks related to expansion into the United States; risks related to our acquisition strategy, taxation risks, difficulties with forecasts, management of growth and litigation as well as the risks associated with the ongoing COVID-19 pandemic. For a more comprehensive discussion of the risks faced by VERY GOOD, please refer to VERY GOOD's most recent Annual Information Form filed with Canadian securities regulatory authorities at www.sedar.com and as an exhibit to the Form 20-F filed with the SEC on May 26, 2022 and available at www.sec.gov. The forward-looking information in this news release reflects the current expectations, assumptions and/or beliefs of the Company based on information currently available. Any forward-looking information speaks only as of the date of this news release. VERY GOOD undertakes no obligation to publicly update or revise any forward-looking information whether because of new information, future events or otherwise, except as otherwise required by law. The forward-looking information contained in this news release is expressly qualified by this cautionary statement.
None of the Nasdaq Stock Market LLC, TSX Venture Exchange, the SEC or any other securities regulator has either approved or disapproved the contents of this news release.
None of the Nasdaq, the TSX Venture Exchange or its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange), the SEC or any other securities regulator accepts responsibility for the adequacy or accuracy of this news release.
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SOURCE The Very Good Food Company Inc. | https://www.wflx.com/prnewswire/2022/07/07/very-good-food-company-announces-eastern-us-retail-expansion-with-giant-company/ | 2022-07-07T13:08:01Z | https://www.wflx.com/prnewswire/2022/07/07/very-good-food-company-announces-eastern-us-retail-expansion-with-giant-company/ | true |
VDS41022 Includes Compact Design, Patented Thermal Architecture and Unique I/O Layout that Supports 24G SAS (SAS-4) I/O Protocols
SAN JOSE, Calif., July 7, 2022 /PRNewswire/ -- Viking Enterprise Solutions, a product division of Sanmina Corporation (Nasdaq: SANM), today announced availability of the VDS41022 JBOD storage enclosure, the highest density solution in a standard one-meter rack that supports 24G SAS (SAS-4) storage protocols.
The VDS41022 has a 4U standard rack width design that packs 102 large form factor drives with configurations exceeding 2 petabytes of storage in a one-meter deep rack including the cable management arm. The patented thermal management solution enables a high-density environment that is combined with an optimized data path topology to ensure that maximum bandwidth is available from all of the drives. Its unique design provides the flexibility to support either current SAS-3 or emerging SAS-4 I/O infrastructures. The split drive plane layout optimizes signal integrity, which enables use of up to 5-meter passive copper cables in new 24G SAS (SAS-4) products.
"Adoption of 24G SAS storage protocols is occurring faster than initially expected, driven by the continuously increasing demand for data and data analytics," said Rick Kumar, SVP of Product Design and Engineering for Viking Enterprise Solutions. "The VDS41022 provides the flexibility to support this transition, ultimately providing faster access to data with double the bandwidth as 24G SAS infrastructures take hold."
The VDS41022 is now shipping. For more information, please see the product brief.
Viking Enterprise Solutions, a product division of Sanmina Corporation, provides advanced data center products including solid-state memory and disk-based storage server appliances, JBOD storage systems and other products for a variety of data center and storage applications. Viking Enterprise Solutions award winning products are tailored for integration into OEM, system integrator and data center products, reducing development and operating costs while improving time-to-market. More information is available at www.vikingenterprisesolutions.com.
Sanmina Corporation, a Fortune 500 company, is a leading integrated manufacturing solutions provider serving the fastest growing segments of the global Electronics Manufacturing Services (EMS) market. Recognized as a technology leader, Sanmina provides end-to-end manufacturing solutions, delivering superior quality and support to Original Equipment Manufacturers (OEMs) primarily in the communications networks, storage, industrial, defense, medical, automotive and energy industries. Sanmina has facilities strategically located in key regions throughout the world. More information about the company is available at www.sanmina.com.
The foregoing, including the discussion regarding the Company's future prospects, contains certain forward-looking statements that involve risks and uncertainties, including uncertainties associated with economic conditions in the electronics industry, particularly in the principal industry sectors served by the Company, changes in customer requirements and in the volume of sales principal customers, the ability of Sanmina to effectively assimilate acquired businesses and achieve the anticipated benefits of its acquisitions, and competition and technological change. The Company's actual results of operations may differ significantly from those contemplated by such forward-looking statements as a result of these and other factors, including factors set forth in our Company's Annual and quarterly reports filed with the Securities Exchange Commission.
Media Contact
Gerard O'Neill
Sanmina Corporation
gerard.oneill@sanmina.com
+353 87 903 6426
Sales Inquiries
Greg McNeil
Viking Enterprise Solutions
greg.mcneil@vikingenterprise.com
(408) 406-2076
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SOURCE Viking Enterprise Solutions | https://www.wflx.com/prnewswire/2022/07/07/viking-enterprise-solutions-launches-high-density-high-availability-enterprise-storage-solution/ | 2022-07-07T13:08:08Z | https://www.wflx.com/prnewswire/2022/07/07/viking-enterprise-solutions-launches-high-density-high-availability-enterprise-storage-solution/ | true |
Chinese Foreign Minister Wang Yi to meet his Australian counterpart, Penny Wong, on sidelines of G20 summit
Australia's Foreign Minister Penny Wong will meet her Chinese counterpart, Wang Yi, on Friday in the first such high-level, face-to-face talks since 2019.
Key points:
- China's Foreign Ministry announced the pair will meet on the sidelines of the G20 summit in Bali
- The meeting will happen on Friday at 8pm AEST
- It's almost three years since the foreign ministers from Australia and China met in person
China's Foreign Ministry announced Mr Wang will meet Senator Wong on the sidelines of Friday's G20 Foreign Ministers' Meeting in Bali.
It's another sign that the relationship between Australia and China is beginning to thaw, and the clearest signal yet that Beijing is willing to resume sustained, high-level dialogue with the new Labor government.
Both ministers are already in Bali ahead of the G20 event, and will meet outside the main meeting around 6pm local time (8pm AEST).
When she arrived in Bali from Singapore earlier today, Senator Wong would not divulge whether a meeting had already been scheduled, but expressed her hopes for an improvement in bilateral relations.
"We believe it would be in China and Australia's interests for this relationship to be stabilised. And that would require both parties to make a step," she said.
Australia and China still have several deeply entrenched disputes which the meeting between Senator Wong and Wang Yi is unlikely to resolve.
Australia is pressing China to unwind a series of punishing trade sanctions on Australian goods, while Beijing is demanding Australia take "concrete steps" to repair ties.
But the meeting could still allow both countries to take the first step towards a reset by reviving discussions between senior figures in both countries.
It's also a clear signal that Beijing has ended its diplomatic freeze on Australia.
Last month, the Defence Minister Richard Marles met his Chinese counterpart in Singapore, but the meeting between Mr Wang and Senator Wong ends a long hiatus in contact between foreign ministers from both nations.
Australia's former foreign minister, Marise Payne, last spoke to her Chinese counterpart by phone in early 2020, soon after the first cases of COVID-19 were detected in Wuhan.
And the last time the foreign ministers of both countries met face to face was in September 2019.
Countries with 'influence' should help end Russian invasion, Senator Wong says
Senator Wong is likely to use tomorrow's meeting to reiterate her calls for China to use its influence over Russia to end the war in Ukraine and to show "restraint" in its dealings with smaller countries in the region.
In a speech in Singapore on Wednesday, Senator Wong said that major countries with "influence" on Russia should use it to end the war in Ukraine.
"This includes China, as a great power, a permanent member of the Security Council, and with its 'no limits partnership' with Russia," she said.
Russia's invasion of Ukraine — and its blockade of food exports from the country's ports — is expected to overshadow the G20 proceedings tomorrow.
The presence of Russia's Foreign Minister, Sergei Lavrov, could cause a rift among those attending.
There was speculation that some nations could walk out of the meeting — when Mr Lavrov is scheduled to speak — to protest against the ongoing war, although Senator Wong has indicated that is unlikely.
"We certainly intend to use the meeting — as opposed to leave the meeting — but use the meeting to highlight what Russia has done," she said.
It's understood the US Secretary of State, Anthony Blinken, will demand other nations pressure Russia to reopen sea lanes to allow food exports from Ukraine, and renew warnings to China not to support Moscow.
Ahead of tomorrow's G20 meeting, Germany's Foreign Minister, Annalena Baerbock, has also demanded Russia not be allowed to use the meeting as a platform. | https://www.abc.net.au/news/2022-07-07/wang-yi-to-meet-penny-wong-at-g20-sidelines/101218874 | 2022-07-07T13:10:47Z | https://www.abc.net.au/news/2022-07-07/wang-yi-to-meet-penny-wong-at-g20-sidelines/101218874 | false |
No gunmaker has seen a more dramatic evolution of its semiautomatic shotguns than Remington.
Because of its shotgun ammunition plant in Lonoke, Arkansans think of Remington as a local company. Its firearms, however, have been made in Ilion, N.Y., since 1828.
John Browning, an inventor and innovator equal to Thomas Edison, introduced the the first semiautomatic shotgun, the Browning Auto-5, in 1900. Until then, Winchester bought 44 of Browning's patents, but the company balked when Browning insisted on a licensing and royalty arrangement for the Auto-5.
Unable to come to terms, Browning licensed production to Belgium's Fabrique Nationale. In 1911, Remington obtained the license to build the Auto-5 in the United States. Remington named the gun "Model 11" and sold about 850,000 units until 1947.
In 1949, Remington gave the Model 11 some major cosmetic changes and called it the Model 11-48. It kept the recoil operated action, but Remington replaced Browning's trademark humpback receiver with a sleeker, more slender rounded receiver.
Unlike the Auto-5, the 11-48 was also available in 28-gauge and 410-bore models. Another big difference is that its receiver was stamped instead of milled. Stamping is much cheaper, and Remington followed that template on every new model thereafter.
Remington ended production of the 11-48 in 1968, and that's where its synergy with Browning ended.
In 1956, Remington introduced its Model 58, a semiautomatic shotgun whose action was powered by ignition gas instead of recoil. Its magazine cap operated a valve that regulated how much gas the action siphoned. You could turn the cap to a light or heavy load setting.
Remington produced the Model 58 along with the 11-48 until 1963, when the company replaced the Model 58 with the product that made Remington the king of the semiautomatic universe. It was the Model 1100, a gas-operated model that automatically compensated for light and heavy 2 3/4-inch loads.
Curiously, the 1100 designation suggested a hereditary lineage to the Model 11 and 11-48, but the 1100 had nothing in common with either model except appearance. The 1100's lines were smooth and sleek like those of the 11-48, but unlike the 11-48, the 1100 was elegant and beautifully trimmed.
With the Model 11 and Model 11-48, Remington successfully rode Browning's coattails for nearly 75 years. Overnight, the 1100 made the Auto-5 seem obsolete. It looked sexy and modern. Comparatively, the Auto-5 looked blocky and frumpy. Grampa shot Winchester Model 12 pump guns. Dad shot Auto-5s, and their sons shot 1100s.
Aside from appearance, the 1100 was a world apart from the Auto-5. The 1100's felt recoil is noticeably lighter. It swings better than an Auto-5, but an Auto-5 points better, another generational difference. The Auto-5 was designed for an age when upland bird hunting dominated hunting. Upland hunting was dying out when the 1100 appeared. Its attributes are better suited to waterfowl hunting, which was ascendant.
More important, the 1100 is perfect for target shooting. A shotgun's popularity on the trap and skeet fields weighs heavily on its commercial success.
Also, you have to tune an Auto-5 to shoot light or heavy loads by adjusting the piston and ring assembly on the magazine tube. That requires removing the forearm and barrel. The 1100 fires light and heavy loads interchangeably.
The two do have some commonalities, though. In their 12- and 20-gauge configurations, both are chambered for 2 3/4-inch shells. To shoot 3-inch shells, you had to get magnum models. You can tune an Auto-5 Magnum 12 to shoot 2 3/4-inch loads. Not so with the 1100 Magnum. It's a 3-inch gun only.
Remington attempted to correct that deficiency in 1987 when it introduced the 11-87. Cosmetically, it looks identical to an 1100, but it has a gas compensating system that enables you to shoot 2 3/4- and 3-inch loads interchangeably. Like a lot of early one-size-fits-all solutions, however, the 11-87 works better with heavy loads. It might not cycle light 2 3/4-inch target loads at all. That problem was endemic to semiautomatic shotguns until 1998, when Winchester introduced its fantastic Super X2.
Remington made the 11-87 for every possible application. There are target models and tactical models. There are specialty turkey and waterfowl models that have 3 1/2-inch chambers.
Unfortunately, the 11-87's shortcomings were exposed and corrected by Beretta, which unseated Remington for field primacy in the 1990s. All the grandfathers that shot Model 12s had died. Dad got old and quit hunting, or he switched to an 1100. Young people embraced Beretta's swagger, and they didn't come back.
Remington tried to regain its momentum in 2006 with the innovative by short-lived 105CTi, the only semiauto to load and eject from the bottom. It was also the only ambidextrous semiauto. It's a dream to shoot, but it looks weird and has some unreconcilable cosmetic quirks, like a very distracting wavy rib.
Like the 11-87, the 105CTi is a heavy field gun. The shooting media and especially the Internet savaged it for being useless as a target gun. Remington tried to correct its cycling deficiencies with the 105CTi II, but the damage was irreparable.
As with the 1100 in 1963, Remington struck oil in 2010 when it released the Versamax. It's a gas-powered gun that shoots 2 3/4-, 3- and 3 1/2-inch shells interchangeably without a hiccup. It's too front heavy for upland use, but goose hunters love it.
Shortly after, Remington introduced the V3, one of the best all-around autoloaders ever made. Like the Versamax, it regulates cycling by a series of ports that are covered or uncovered depending on the size cartridge you use. Two small gas pistons regulate the amount of gas that pushes back the bolt. It's actually an adaptation of Benelli's ARGO concept.
Unlike every other autoloader, the V3 does not have a recoil spring in the buttstock. You can paddle a boat with it and never have to worry about the recoil spring rusting.
The V3 aced every test it was given, most notably the grueling Argentine dove shooting exercise in which it was shot thousands of times without cleaning. It astonished gun writers because it didn't jam or fail to cycle.
Unfortunately, Remington severely damaged its reputation with false starts, poor quality control and a string of product liability lawsuits.
Consequently, the V3 never got the credit it deserves, and it deserves a lot. | https://www.arkansasonline.com/news/2022/jul/07/remingtons-shotguns-show-evolution/ | 2022-07-07T13:14:56Z | https://www.arkansasonline.com/news/2022/jul/07/remingtons-shotguns-show-evolution/ | false |
Agreement extends 17 years of supporting human space exploration at JSC
DALLAS, July 7, 2022 /PRNewswire/ -- Jacobs (NYSE:J) was awarded the JSC Engineering, Technology, and Science (JETS) II contract at NASA Johnson Space Center in Houston, Texas.
Jacobs is scheduled to begin contract transition on Aug. 1 to continue providing engineering and scientific products and technical services for NASA at Johnson Space Center (JSC). The contract maximum value is estimated at approximately $3.9 billion over 10 years including a five-year base period, two two-year option periods and one one-year option period.
"Throughout our 50-year partnership with NASA, Jacobs has shared the agency's commitment to advancing space science and exploration," said Jacobs Chair and CEO Steve Demetriou. "The JETS II contract builds on more than 17 years of continuous support at JSC – a key component of our NASA portfolio, which includes nine locations across the agency. With this latest award from our JSC customer, Jacobs remains well positioned to support the future of human space exploration."
Under this contract, Jacobs will provide engineering design, development, sustaining engineering, analysis, assessment, technology development, test services and laboratory/facility operation and maintenance for the JSC Engineering Directorate. Jacobs will also deliver planetary missions research, physical science research, astromaterial curation and laboratory/facility operation and maintenance for the JSC Exploration Integration and Science Directorate, as well as engineering and related services for other organizations at JSC and other Centers and Government Agencies.
"JSC plays an integral role in both current and next-generation exploration and science programs," said Jacobs EVP and President of Critical Mission Solutions Steve Arnette. "Our commitment to providing efficient and innovative solutions through the JETS II contract will support NASA in furthering our knowledge of the universe while creating a more connected, sustainable world."
The JETS II contract extends Jacobs' continuous partnership with JSC that dates back to 2005. As NASA's largest services contractor, Jacobs is a provider and integrator of full lifecycle aerospace solutions, including design and construction; base, mission and launch operations; sustaining capital maintenance; secure and intelligent asset management; and development, modification, and testing processes for fixed assets supporting national government, military, defense and NASA, as well as commercial space companies.
At Jacobs, we're challenging today to reinvent tomorrow by solving the world's most critical problems for thriving cities, resilient environments, mission-critical outcomes, operational advancement, scientific discovery and cutting-edge manufacturing, turning abstract ideas into realities that transform the world for good. With approximately $14 billion in revenue and a talent force of more than 55,000, Jacobs provides a full spectrum of professional services including consulting, technical, scientific and project delivery for the government and private sector. Visit jacobs.com and connect with Jacobs on Facebook, Instagram, LinkedIn and Twitter.
Certain statements contained in this press release constitute forward-looking statements as such term is defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and such statements are intended to be covered by the safe harbor provided by the same. Statements made in this release that are not based on historical fact are forward-looking statements. When used herein, words such as "expects," "anticipates," "believes," "seeks," "estimates," "plans," "intends," "future," "will," "would," "could," "can," "may," and similar words are intended to identify forward-looking statements. We base these forward-looking statements on management's current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements, including, but not limited to, the timing of the award of projects and funding under the Infrastructure Investment and Jobs Act as well as general economic conditions, including inflation, changes in interest rates, foreign currency exchange rates, and changes in capital markets, geopolitical events and conflicts, and the impact of the COVID-19 pandemic, including the related reaction of governments on global and regional market conditions and the company's business, among others. For a description of some additional factors that may occur that could cause actual results to differ from our forward-looking statements, see the discussions contained under Item 1 - Business; Item 1A - Risk Factors; Item 3 - Legal Proceedings; and Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations in our most recently filed Annual Report on Form 10-K, ,and Item 2 - Management's Discussion and Analysis of Financial Condition and Results of Operations; Item 1 - Legal Proceedings; and Item 1A - Risk Factors in our most recently filed Quarterly Report on Form 10-Q, as well as the company's other filings with the Securities and Exchange Commission. The company is not under any duty to update any of the forward-looking statements after the date of this press release to conform to actual results, except as required by applicable law.
For press/media inquiries:
Kerrie Sparks
214.583.8433
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SOURCE Jacobs | https://www.wafb.com/prnewswire/2022/07/07/jacobs-awarded-39b-engineering-science-contract-nasa/ | 2022-07-07T13:15:37Z | https://www.wafb.com/prnewswire/2022/07/07/jacobs-awarded-39b-engineering-science-contract-nasa/ | true |
PLYMOUTH, Mich., July 7, 2022 /PRNewswire/ -- Adient (NYSE: ADNT), a global leader in automotive seating, will host a call for financial analysts on August 5, 2022 at 8:30 a.m. (ET) to discuss its third quarter fiscal 2022 financial results. The call will be hosted by Adient's president and chief executive officer, Douglas Del Grosso, and executive vice president and chief financial officer, Jeff Stafeil.
A link to the live webcast of the call and presentation materials will be available on the Adient Investor Relations website (http://investors.adient.com). A replay will be available at the same site.
To participate by telephone, please dial 888-455-2945 (U.S.) or 773-799-3947 (international) 15 minutes prior to the start time of the call and ask to be connected to the Adient conference call. The conference passcode is ADIENT.
Adient (NYSE: ADNT) is a global leader in automotive seating. With approximately 75,000 employees in 33 countries, Adient operates 208 manufacturing/assembly plants worldwide. We produce and deliver automotive seating for all major OEMs. From complete seating systems to individual components, our expertise spans every step of the automotive seat-making process. Our integrated, in-house skills allow us to take our products from research and design to engineering and manufacturing — and into more than 20 million vehicles every year. For more information on Adient, please visit www.adient.com.
ADNT-FN
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SOURCE Adient | https://www.wbrc.com/prnewswire/2022/07/07/adient-discuss-q3-fiscal-2022-financial-results-august-5-2022/ | 2022-07-07T13:16:28Z | https://www.wbrc.com/prnewswire/2022/07/07/adient-discuss-q3-fiscal-2022-financial-results-august-5-2022/ | false |
The Biden administration says it'll spend nearly $1 billion to upgrade airports around the country.
The Federal Aviation Administration said Thursday the money will go to 85 airports. The projects include $60 million to upgrade the terminal and bag-handling system at the Denver airport and $50 million apiece for Boston’s Logan Airport and Orlando International Airport in Florida.
The main airports in Detroit and Philadelphia will get more than $20 million each to renovate restrooms. The grants are the first installment in $5 billion of airport spending included in a huge infrastructure bill President Joe Biden signed last year. Transportation Secretary Pete Buttigieg touts the spending, saying America's airports need it.
The Associated Press reported that more than 500 airports filed for grants totaling $14 billion.
The upgrades come as demand returns to near pre-pandemic levels. | https://www.wrtv.com/news/national/faa-to-give-airports-1-billion-for-terminals-and-upgrades | 2022-07-07T13:18:18Z | https://www.wrtv.com/news/national/faa-to-give-airports-1-billion-for-terminals-and-upgrades | false |
Rutgers Prep rising senior Melina Rebimbas raised both hands in celebration.
The moment she’d trained for and envisioned countless times in Somerset, N.J., finally happened far from home on a spring day in the Dominican Republic. In the 77th minute of the 2022 Concacaf U-17 Women’s Championship, Rebimbas shook off a defender and scored the gold medal-winning goal for the United States in a 2-1 victory over Mexico. | https://www.nj.com/sports/2022/07/has-nj-found-the-next-carli-lloyd-meet-the-young-soccer-star-with-ties-to-seton-halls-historic-ncaa-title-run.html | 2022-07-07T13:19:27Z | https://www.nj.com/sports/2022/07/has-nj-found-the-next-carli-lloyd-meet-the-young-soccer-star-with-ties-to-seton-halls-historic-ncaa-title-run.html | true |
BOSTON, July 7, 2022 /PRNewswire/ -- Allen & Gerritsen (A&G), a fully integrated advertising agency headquartered in Boston announces that it has been chosen as the agency of record by The Greater Boston Convention & Visitors Bureau (GBCVB), the primary marketing and visitor services organization of Greater Boston for convention-related business and domestic and international leisure travel, to lead an organizational rebrand and a comprehensive marketing campaign to transform and enhance global visitation to the region.
A&G was selected in a competitive search out of 25 agencies throughout the United States to support the GBCVB in their goal of increasing travel and tourism to the region, Boston's third-largest industry. The organizations will collaborate to tell the story of an equitable, majority-minority Boston, with 23 diverse neighborhoods that all feature vibrant commercial, cultural and culinary assets. A&G will also lead the GBCVB through an organizational rebrand that will reposition the organization within the travel industry.
"The time has come for Boston to tell its full story, to own that story and to no longer allow others to tell it for us. We are an alluring destination that has pioneered for 400 years and continues to do so," said Martha J. Sheridan, President and CEO of the GBCVB. "This is about the future and how we upend preconceived notions of Boston as we invite visitors to join us in crafting new narratives. Throughout this process, A&G has proven they are the agency to help us achieve that goal. A&G's vast range of knowledge, cultural competency and undeniable love for Boston will help us reveal the breadth of our modern identity through a comprehensive platform."
The new partnership will include brand and creative strategy, brand identity, design, creative concept development and production, data, analytics and more to be deployed across paid digital, social, TV, radio, print, out-of-home and trade show activations.
"We are all about helping our partners build their brand's best self, and being chosen to do exactly that for the tourism brand for the city we love and call home is a huge moment of pride for us," says Andrew Graff, CEO at A&G, which is headquartered in Boston's Seaport District. "We are inspired by the boldness of the GBCVB leadership in their desire to tackle issues that have historically deterred some visitors from considering Boston. We could not be more proud to bring that vision to life by building a platform that creates an authentic and emotional connection to our city," said Jennifer Putnam, Chief Creative Officer at A&G.
A&G has begun work on brand strategy, positioning and creative concepting beginning late June 2022 with work expected to launch in fall 2022, and continue throughout 2023.
To learn more about Allen & Gerritsen services, please visit a-g.com or check out the agency's creative work on its social channels: Instagram, Facebook, Twitter and LinkedIn.
The Greater Boston Convention & Visitors Bureau (GBCVB) is the primary private sector marketing and visitor services organization charged with the development of meetings, conventions and tourism-related business. Our goal is to enhance the economy of Boston, Cambridge and the metropolitan area.
The tourism marketing effort is a carefully planned strategy that takes into consideration every opportunity to partner with state and city governments, as well as local and private groups who share the same objectives. Through our partnerships, the GBCVB works to stimulate growth in international and domestic markets that offer the highest potential for new business for Greater Boston.
Allen & Gerritsen. Boston & Philadelphia. Independent & Integrated. Creativity & Purpose. Communications & Experiences. Data & Humanity. Black Lives Matter & Climate Change is Real. A&G builds the "Brand's Best Self" through Creative Platforms, Strategic Insights, Communications Planning, Customer Experience, Performance Media, Public Relations, Social Media, Influencer Marketing, Outcomes Driven Analytics, Brand Integration, & more.
Recent credits include: Safety 1st, NAACP Legal Defense Fund, Keurig Dr. Pepper, Thermo Fisher Scientific, Cava, Blue Cross Blue Shield Massachusetts, Philadelphia Flyers, Toast, Citrix, Albolene, Allegheny College, Combined Jewish Philanthropies of Greater Boston, LexisNexis, Cystex, Alexion Pharmaceuticals, UniFirst, Richard King Mellon Foundation, Power Home Remodeling, Certain Dri, Ameresco, Northeastern University, Fresenius, AmeriHealth Caritas, Caron Treatment Centers, National Organization on Disability & more.
Media Contact:
Matthew Aliberti
maliberti@a-g.com
781-558-3436
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SOURCE allen & gerritsen | https://www.wbrc.com/prnewswire/2022/07/07/greater-boston-convention-visitors-bureau-chooses-allen-amp-gerritsen-brand-agency-record/ | 2022-07-07T13:21:05Z | https://www.wbrc.com/prnewswire/2022/07/07/greater-boston-convention-visitors-bureau-chooses-allen-amp-gerritsen-brand-agency-record/ | true |
Company's Inclusion Further Demonstrates Commitment to Universal Sustainability Principles
DALLAS, July 7, 2022 /PRNewswire/ -- Match Group (NASDAQ: MTCH) announced today that it has joined the United Nations Global Compact, the world's largest corporate initiative advancing sustainable and socially responsible business practices. By joining the initiative, Match Group has committed to sending regular updates to the UN Secretary-General tracking its progress implementing the Ten Principles of the UN Global Compact, which focuses on fundamental responsibilities in the areas of human rights, labor, environment, and anti-corruption.
The UN Global Compact includes more than 15,000 companies and 3,800 non-business signatories based in over 160 countries, and more than 69 local networks. As a member, Match Group is committed to help the UN achieve its Sustainable Development Goals to achieve a better future for all.
"We're excited to partner with the UN Global Compact and build on the vital work we are doing to support our communities," said Joanna Rice, Head of Corporate Social Responsibility at Match Group. "As part of our fundamental mission to create meaningful connections, responsible business practices that positively impact our communities are foundational to what we do."
Match Group and its brands have been named a "Best Place to Work" by Built In, received a Digiday Worklife Award, and been recognized by the Human Rights Campaign for LGBTQ+ equality in the workplace. Match Group also expanded its healthcare benefits to cover travel for reproductive and gender-affirming healthcare for employees who cannot receive the care in their home state. It has invested in environmental sustainability, achieving carbon neutrality in 2021 and most recently supporting reforestation efforts with One Tree Planted.
View Match Group's UN Global Compact profile HERE.
Read more about Match Group's impact HERE.
Match Group (NASDAQ: MTCH), through its portfolio companies, is a leading provider of digital technologies designed to help people make meaningful connections. Our global portfolio of brands includes Tinder®, Match®, Meetic®, OkCupid®, Hinge®, Pairs™, PlentyOfFish®, OurTime®, Azar®, Hakuna Live™, and more, each built to increase our users' likelihood of connecting with others. Through our trusted brands, we provide tailored services to meet the varying preferences of our users. Our services are available in over 40 languages to our users all over the world.
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Clinical and operational innovations better predict non-healing wounds and missed appointments
PITTSBURGH, July 7, 2022 /PRNewswire/ -- Further expanding its analytics capabilities and leadership position within the wound care marketplace, Net Health, a provider of specialty electronic health systems and advanced healthcare analytics, today announced the addition of two new predictive analytics resources to improve clinical and operational outcomes for wound care providers.
The new Pressure Injury Deterioration Risk indicator is built into Tissue Analytics, Net Health's AI-powered wound imaging and analysis solution, which was recently granted breakthrough device status by the Food and Drug Administration (FDA). The Missed Visit Prediction indicator is available in Net Health® Wound Care, one of the nation's most widely used electronic health record (EHR) platforms for wound care. Both features are embedded in automated workflow processes and alert providers when risk is detected, enabling providers to intervene in real-time.
"Predictive analytics is transforming every aspect of healthcare and establishing new industry benchmarks for better outcomes, cost savings and other efficiencies every day," said Josh Pickus, CEO of Net Health. "These latest additions to our analytics portfolio highlight our commitment to clients to help them improve every aspect of their practices from clinical to operational with leading-edge predictive technologies."
The Pressure Injury Deterioration Risk indicator addresses a critical challenge for hospitals: managing and preventing hospital-acquired pressure injuries (HAPIs). Thousands of patients die each year from pressure injury-related complications. CMS identifies severe HAPIs (i.e., Stage III or IV) as "Never Events" and does not cover the costs of care for these injuries, leading to millions of dollars in uncompensated care for hospitals and nursing homes nationwide.*
The predictive models that power the Pressure Injury Deterioration Risk indicator were trained on over 4.7 million unique encounters in Net Health's robust wound care database, one of the largest in the world. Unlike subjective, incomplete assessment methods, the analytic provides a real-time, data-driven, and accurate assessment of the likelihood that a specific pressure injury will deteriorate to the next stage (e.g., from Stage II to Stage III). Early detection is vital in improving pressure injury rates and patient outcomes.
The Missed Visit Prediction indicator brings beneficial operational capabilities that improve workflow efficiencies and financial results. Patient no-shows and cancellations have real costs in terms of outcomes, quality of life and overall health. They cost healthcare organizations more than $150 billion annually in the U.S., and providers lose an average of $165-200 per unused time slot.
The Missed Visit Prediction feature is built on advanced machine learning. It makes predictions using data already captured as part of a provider's EHR, including socioeconomic data and past visit histories. The capability ensures the information provided is actionable and relevant. Additionally, the Predictor could help the average mid-size wound care practice increase revenue by 5%.
"We know how challenging it can be to provide wound care in today's marketplace," said Kevin Keenahan, VP for Strategy & Innovation and cofounder of Tissue Analytics. "I've talked to scores of wound care providers nationwide, and they tell us these features will help them better care for patients and ensure they run a more efficient and profitable practice. We look forward to continuing to provide real help and value to our clients and the industry."
Net Health's mission is to harness data for human health. Net Health solutions are trusted in over 23,000 facilities across the continuum of care. Our EHR software enables caregivers and their organizations to engage effectively with patients, streamline documentation, staff efficiently, secure maximum appropriate reimbursement and maintain regulatory compliance. Our unique approach to analytics seamlessly presents insights in clinical and operational workflows to improve care and business performance. Net Health is a portfolio company of The Carlyle Group, Level Equity and Silversmith Capital Partners. www.nethealth.com.
*For additional information and citations about the cost of HAPIs, see https://go.nethealth.com/costofwounds
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Column: Can gun insurance mandates stem America’s torrent of firearm violence?
Perhaps the most heart-rending story coming out of the July 4 massacre in Highland Park, Ill., is that of Aidan McCarthy, the 2-year-old boy found at the scene of the tragedy looking for his parents.
They were among the seven people killed by a rooftop sniper as they watched an Independence Day parade.
Aiden is now in the care of his grandparents. He’s also the beneficiary of a GoFundMe campaign that, as of this writing, has raised $2.3 million from 42,600 donations.
Instead of the state being the arbiter of who gets to own which sorts of guns, the market plays the role.
— Heidi Li Feldman, Georgetown University
Those circumstances underscore not only the horror and tragedy of the July 4 attack, but the question about who should pay the cost for America’s seemingly endless torrent of gun violence — as well as the feebleness of the official response to the crisis.
If politicians remain in thrall to the National Rifle Assn. and therefore are unwilling to take action against gun violence, perhaps the market can step in.
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That’s the idea behind legislation being pondered in several states, including California, to require gun owners to carry liability insurance.
Only one such law has been passed thus far — by the city of San Jose, which was the scene of a mass shooting at a regional rail yard in May 2021 in which 10 people died, including the shooter. It enacted an insurance mandate in February.
Even before the city ordinance was passed, it came under attack from gun rights advocates; their lawsuit seeking to invalidate the ordinance is currently before U.S. Judge Beth Labson Freeman of San Jose. The ordinance requires all gun owners to carry liability insurance “specifically covering losses or damages resulting from any accidental use of the Firearm, including but not limited to death, injury or property damage.” The ordinance also imposes an annual fee expected to be about $25 on gun owners to fund a municipal program for “gun harm reduction.”
The bipartisan agreement between 20 senators demonstrates how far we are from achieving genuine gun safety legislation at the federal level.
A liability insurance mandate was introduced in the state Legislature last month by Sen. Nancy Skinner (D-Berkeley), requiring that gun owners carry liability insurance explicitly covering damage or injury from the negligent or accidental discharge of a firearm (most homeowner policies implicitly cover those cases, but don’t say so specifically).
A measure requiring liability coverage of at least $1 million has been introduced in New York state.
These measures have several goals. The most obvious is to provide that gun owners, rather than victims of shootings or the public, bear the costs of gun violence. Another is in effect to outsource the regulation of gun safety to the private market, and to do so in ways that are immune from constitutional challenges.
“Government may not be the best entity to do the regulating,” says San Jose Mayor Sam Liccardo. “Sometimes the private sector can do so more effectively.”
The most often cited analogue is auto safety. The San Jose ordinance states that auto insurance used premiums to “reward good driving and incentivize use of airbags and other safety features,” contributing to a reduction in auto fatalities per mile by nearly 80% from 1967 through 2019.
“Insurers have a real incentive to understand the risks, what increases the risk of a car accident, what steps can be taken to reduce it, and then to decide whether they underwrite the cost,” says Peter Kochenburger, an expert in insurance law at the University of Connecticut School of Law. “The hope is that insurers will serve a private governance or private regulatory function — private because they can’t tell anyone what to do, they can just make decisions about what to insure and at what price.”
This doesn’t place insurers in the role of police, says Heidi Li Feldman of Georgetown University Law Center, but rather “privatizes the promotion of gun safety.... We create market mechanisms that allow people some range of choice, and let the market decide what the costs will be for people who want to engage in risky behavior. We do this with all sorts of products.”
States with only 11% of the U.S. population got their way in the abortion ruling. This isn’t democracy.
The makers of products carrying inherent dangers, whether baby cribs or gas heaters, can be sued for injuries they cause. That legal exposure is reflected in the cost of the products themselves.
Gun manufacturers, however, have been largely immunized from the same exposure by the Protection of Lawful Commerce in Arms Act, or PLCAA, a notorious law that in effect barred civil lawsuits against gun manufacturers for the “criminal or unlawful misuse” of their products.
The law was signed by George W. Bush in 2005 after it had been championed by the NRA, which declared its passage “an historic victory.”
Gun manufacturers, consequently, haven’t built the cost of compensating injured people into their products.
“Given the power of the gun lobby,” Feldman says, “one alternative is to make gun owners, who are also in the potential chain of violence, bear some of the cost of trying to prevent that violence.... We are asking that people participate in a market mechanism that accurately reflects the dangers and costs of owning guns and particular types of guns.”
With only the San Jose law on the books, it isn’t yet clear how insurers will assess those costs. Conceivably, however, they could base premiums for liability coverage on considerations already applied to homeowner policies (such as whether a home has known perils such as a pool or trampoline or dog breeds known for biting) or auto policies (such as whether a driver has a record of speeding or has taken and passed a driver training course).
Insurers might consider the types of guns in a household, whether they are secured in a safe, and whether the household includes people known to show an elevated risk of violence, whether because of a police record or age and gender.
Laws like San Jose’s and the proposals in California and other states might not keep events like the July 4 massacre in Highland Park from recurring, once a determined killer got his or her hands on a weapon. But they might limit that access by driving up the cost of ownership: Higher premiums might lead gun buyers to think twice about acquiring an assault weapon or multiple weapons or place the price of those weapons out of reach.
Up to now, insurers haven’t made much of an effort to develop data on what factors contribute to a higher probability of misuse. That’s largely because they haven’t needed to. “What creates insurers’ desire or need for information is what risks they have,” Kochenburger told me. “In liability insurance, you can only be sued if the law says you’re liable.”
Gun owners’ liability for how their guns are used isn’t deeply ingrained in the law, so violent outcomes don’t necessarily present a liability underwriting issue.
The vast majority of firearm deaths, according to the Centers for Disease Control and Prevention, are suicides (53.7%) or homicides (42.9%). Only about 1.2% — or 535 deaths out of a total of 45,222 firearm deaths in 2020 — are classified as “unintentional,” the category that might most commonly be covered by insurance.
“Insurance companies have minimal skin in this game,” Kochenburger says.
An increasingly important consideration is how the Supreme Court might view gun insurance mandates. Under normal circumstances, Feldman says, these laws would be largely unchallenged.
“Instead of the state being the arbiter of who gets to own which sorts of guns, the market plays the role,” she says. “Either it becomes prohibitively expensive for people to buy certain types of insurance, or prohibitively expensive for insurers to offer certain types of insurance. That’s a very small-d-democratic way to deal with an activity that throws off a lot of risk on other people.”
The notion of expanding the Supreme Court has been gaining traction lately, thanks in part to the court’s distinct rightward tilt, its increasingly partisan character, and its apparent hostility to abortion rights.
Could the Supreme Court overturn these laws on 2nd Amendment grounds? “We have an extremist Supreme Court on the 2nd Amendment and I think they are looking to constitutionalize all sorts of laws that touch on guns,” Feldman says. “Do I think that the 2nd Amendment in any way requires the invalidation of laws like this? Absolutely not. They’re not a direct regulation of guns, but of the conditions of keeping guns on your property.”
The Supreme Court’s recent 2nd Amendment cases, especially its June 23 decision overturning a 117-year-old New York law regulating permits for the carrying of guns in public, create “a lot of uncertainty about what this court would do,” Feldman says. “That makes people nervous about enacting these laws. You’re a city, you don’t have a lot of money, you don’t really want to get caught up in constitutional litigation. That might deter you from passing the law.”
As it happens, the plaintiffs in the lawsuit challenging the San Jose ordinance cited the Supreme Court decision the day after it was handed down. The judge has given the plaintiffs and the city until Friday to submit briefs on its relevance. The city has said in the past that its rules don’t impinge on 2nd Amendment rights because they don’t involve any factors “directly affecting residents’ ability to keep and bear arms for self-defense.”
Until the Supreme Court ruling, interest in gun liability laws was rising. The seemingly impermeable protection PLCAA gave gun manufacturers had even been broken by a lawsuit brought by parents of the victims of the 2012 Sandy Hook Elementary School shooting in Connecticut, which took the lives of 20 children ages 6 and 7, and six adults. Remington Arms, which made the assault weapon used in the massacre, settled with the plaintiffs for $73 million after courts ruled that state law was not preempted by PLCAA.
But the desperation to find some way to stem gun violence may carry the day.
“Obviously, the Supreme Court decision darkens the sky over gun regulation nationally,” Liccardo told me. “But the court hasn’t said anything to suggest that we cannot enact legislation to make gun ownership safer.”
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You may occasionally receive promotional content from the Los Angeles Times. | https://www.latimes.com/business/story/2022-07-07/can-gun-liability-insurance-stem-americas-torrent-of-firearms-violence | 2022-07-07T13:23:54Z | https://www.latimes.com/business/story/2022-07-07/can-gun-liability-insurance-stem-americas-torrent-of-firearms-violence | true |
PASADENA, Calif., July 7, 2022 /PRNewswire/ -- ExchangeRight, one of the nation's leaders in diversified real estate investments and strategies, is pleased to announce the successful launch of a new value-add platform with the full subscription of its Value-Add Portfolio 1 DST. Value-Add Portfolio 1 is a $23,310,000 portfolio of inline and outparcel retail properties shadow-anchored by long-term net-leased and strong-performing grocery tenants. The offering includes five shopping centers shadow-anchored by GIANT, Publix, and Giant Eagle, spanning 136,454 square feet across four states.
The portfolio's properties exhibit in-place cash flow beginning at 5.55 percent with the potential to provide capital preservation and upside through proactive management. The portfolio's holdings represent an 80.7 percent occupancy based on the offering's gross leasable area. ExchangeRight's strategy for the portfolio is to create value for investors by raising occupancy through strategic leasing initiatives and tenant improvements.
"During the economic turbulence caused by the pandemic, we discovered an opportunity to provide investors with advantageous pricing for portfolios of properties that are shadow-anchored by strong grocery tenants that feature longer-term upside potential," said Warren Thomas, a managing partner at ExchangeRight. "We have clear objectives that our asset management team is carefully executing on behalf of investors to add value in the current environment while also not compromising on the resilience and stability for which our offerings are known."
Watch a new video to learn about how ExchangeRight identified this opportunity to enhance investor return potential.
ExchangeRight pursues its passion to empower people to be secure, free, and generous by providing REIT, fund, and 1031 DST portfolios that target secure capital, stable income, and strategic exits. The company strategically syndicates net-leased portfolios of assets backed primarily by investment-grade corporations that successfully operate in the necessity-based retail and healthcare industries, as well as diversified value-add portfolios of inline and outparcel retail properties shadow-anchored by strong-performing grocery tenants. Please visit www.exchangeright.com for more information.
Media Contact
Lindsey Thompson
Senior Media Relations Officer
lthompson@exchangeright.com
(626) 773-3448
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CHESTERFIELD COUNTY, Va. — A tractor-trailer driver spotted a car driving erratically on a busy Central Virginia highway last month and chose to put his own life in danger to save others on the road.
Corey Parker said he first noticed the Lexus sedan traveling recklessly from lane to lane in Ashland on June 21.
“They just kept smacking the barrier. At one point, it was like a movie scene. The tires were on the barrier and tires were on the ground,” he explained.
The North Carolina native followed the car from Ashland onto the Chippenham Parkway in Chesterfield. He blasted his horn and attempted to slow down traffic to warn drivers of the erratic driver.
Parker feared the driver would crash into a car full of innocent people. So, he used his big rig to slow the vehicle to a stop against a jersey wall.
At first, he thought the driver was experiencing a medical issue like a seizure.
“I went over to the driver, and I opened the door and that's when I saw everything in his lap,” he recalled. “He had Narcan pens in his lap.”
Virginia State Police said they responded to the scene on Chippenham Highway near Strathmore Road around 8 p.m.
“A green 2006 Lexus GS 300, driven by Antonio Hawkins, 32, of Richmond, had been seen all over the road by witnesses before running off the road to the left and striking a guard rail,” according to an email from Sgt. Jessica Shehan.
Troopers on the scene noticed that both the driver and the passenger, a 28-year-old man from Richmond, were passed out and unresponsive. They immediately rendered aid, detectives said.
Chesterfield EMS and police on scene administered Narcan and they regained consciousness. Naloxone or Narcan is used to reverse the effects of a drug overdose.
The driver was checked out by EMS on scene and refused further medical treatment. The passenger was transported to Chippenham Hospital and was discharged, VSP said.
Hawkins was charged with driving under the influence of drugs, driving while being revoked DUI related and having a controlled substance. The passenger was charged with being in possession of a controlled substance and drunk in public.
VSP said the June 21 crash is still under investigation.
Parker knows firsthand how drugs can impact and takeover your life for the worse.
He spent six years in jail due to his decisions while addicted. Parker has since recovered and owns his own trucking business, property, a home, and is now married.
The 30-year-old now speaks about his experiences with inmates and youth to help steer them in the right direction.
“You're a product of your environment. So, if I put myself back in that environment, where the drugs and everything was, I'm going to be enticed to do them and sell them,” Parker stated. “Go to a halfway house and leave, and don't come back. That's what I had to do. I left and didn't come back.”
This article was written by Brendan King for WTVR. | https://www.wptv.com/news/national/this-truck-driver-saw-a-car-swerving-all-over-the-road-what-he-did-next-may-have-saved-lives | 2022-07-07T13:25:26Z | https://www.wptv.com/news/national/this-truck-driver-saw-a-car-swerving-all-over-the-road-what-he-did-next-may-have-saved-lives | true |
Using Syncron Price's advanced analytics and AI capabilities, Navistar prioritizes a customer-centric pricing model and operational efficiency for one of the largest fleets of commercial vehicles in the U.S.
ATLANTA, July 7, 2022 /PRNewswire/ -- Syncron, the largest privately-owned global leader in intelligent SaaS solutions dedicated to Service Lifecycle Management (SLM), today announced that leading commercial vehicle and parts manufacturer, Navistar has selected Syncron Price™ to manage and optimize price for its aftermarket services parts business.
With more than a million trucks on the road in the U.S. and Canada, and a service network of more than 1,000 dealer service partner locations across North America, Navistar boasts one of the largest commercial vehicle parts distribution networks in the country. Headquartered in Illinois, Navistar companies include International® brand commercial trucks and engines, IC Bus® brand school and commercial buses, all-makes OnCommand® Connection advanced connectivity services, aftermarket parts brands Fleetrite®, ReNEWed® and Diamond Advantage®.
"We're honored that a company as respected as Navistar has placed its confidence in Syncron to fortify customer satisfaction through pricing optimization," says Anneliese Schulz, chief sales officer, Syncron. "With Syncron Price's powerful analytics identifying opportunities for pricing improvements, manufacturers can focus on broader areas for business growth and product innovation. We look forward to supporting Navistar's aftermarket success for many years to come."
To learn more and see why IDC named Syncron a Leader its 2021 MarketScape Report for B2B Price Optimization and Management Applications, visit: www.syncron.com/price
About Syncron
Syncron empowers leading manufacturers and distributors to capitalize on the world's new service economy. We improve aftermarket business profitability, optimize working capital, increase customer loyalty, and enable our customer's ability to transition successfully to future service-driven business models. With industry-leading investments in AI and ML, we offer the first, innovative, customer-endorsed, and complete end-to-end intelligent Service Lifecycle Management solution portfolio. Syncron's offer encompasses leadership solutions such as: service parts inventory, price, equipment uptime, warranty, service contract, and field service management. Delivered on Syncron's Connected Service Experience (CSX) platform, our solutions offer customers competitive differentiation through exceptional aftermarket service experiences, while simultaneously driving significant revenue and profit improvements into a manufacturer or distributer's business. It is no secret that world's top brands trust Syncron, making it the largest privately-owned global leader in intelligent SLM SaaS solutions. For more information, visit syncron.com.
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Organ Procurement Organization Becomes Lifetime Trustee of Baldrige Institute
WASHINGTON, July 7, 2022 /PRNewswire/ -- CORE, the Center for Organ Recovery & Education, a leader in organ and tissue procurement for transplantation headquartered in Pittsburgh, Pennsylvania, became the ninth and newest member of the Mac Baldrige Society, the Trustees of the Baldrige Foundation's Institute for Performance Excellence.
"The Foundation established the Institute for Performance Excellence in June 2020," said Al Faber, President and CEO of the Baldrige Foundation, "to be a thought leader on performance excellence, leadership, and management."
"The Mac Baldrige Society is limited to 20 elite members," continued Faber, "they serve as the Trustees of the Institute, and by their commitment, demonstrate they recognize the importance of the Baldrige Foundation's mission: to promote organizational performance excellence in the United States and throughout the world by supporting the Baldrige Program."
CORE was founded for the purpose of saving and enhancing lives through organ, tissue, and cornea transplantation. CORE is one of 57 federally designated not-for-profit organ procurement organizations in the United States, and it serves a Donation Service Area assigned by the federal government that includes 150 donor hospitals and approximately 5.5 million people throughout western Pennsylvania, West Virginia, and Chemung County, NY.
"CORE's Baldrige performance excellence journey has empowered us to focus successfully on the mantra, 'Every Donor, Every Time.' Today, a decade into this journey, CORE is a results-driven organization, thriving in a culture of transparency and innovation," said Susan Stuart, President and CEO of CORE. "The result: CORE is saving and healing more lives than ever before – the most significant indicator of performance excellence and proof that the Baldrige framework affects positive change."
2021 was CORE's third consecutive record-breaking year Saving and Healing lives through organ, tissue, and cornea donation. The organization made possible more than 700 life-saving organ transplants, thanks to the generosity of an unprecedented number of organ donors. That is a 150 percent increase since CORE began its performance excellence journey in 2012. Incredibly, ten of the donors in 2021 were over the age of 75, a group that is often overlooked for donation. The most notable of these donors was Cecil F. Lockhart of Welch, West Virginia, who in May 2021 became the oldest organ donor in U.S. history at 95. Also in 2021, the number of people healed because of tissue recovered by CORE was 133 percent more than in 2012.
"CORE is honored to become part of this distinguished group of Mac Baldrige Society trustees," Stuart said. "In doing so, CORE hopes to signify that our performance excellence journey is one without a destination. We will, now and in the future, continue to follow the Baldrige Framework and the roadmap it provides us on our mission: Saving and Healing lives through donation."
"The Institute Trustees," said Faber, "are making a commitment to preserve and promote the Baldrige Framework and to help ensure that Baldrige remains relevant for future generations of organizations across all sectors of the economy. We are grateful for their support."
For more information, contact: Mark Wayda, 614-600-0432 or at mwayda@baldrigefoundation.org.
The Baldrige Foundation was created as the private partner to the Baldrige Performance Excellence Program in 1988. Its mission is to ensure the long-term financial viability of the Baldrige Performance Excellence Program and to support organizational performance excellence throughout the U.S. and the world. The Baldrige Program located at NIST within the U.S. Department of Commerce, is a separate entity and is solely responsible for managing and administering the Malcolm Baldrige National Quality Award. For more information on the Baldrige Award process please visit: https://www.nist.gov/baldrige/baldrige-award.
The Center for Organ Recovery & Education (CORE) is one of 57 federally designated not-for-profit organ procurement organizations (OPOs) in the United States, serving more than five million people in western Pennsylvania and West Virginia. CORE coordinates the recovery and matching of organs, tissues, and corneas for transplant within our service region, and works tirelessly to create a culture of donation within the hospitals and communities we serve. CORE's mission is to Save and Heal lives through donation, ultimately ending the deaths of those on the transplant waiting list, while maintaining integrity for the donation process, dignity for the donors, and compassion for their families. CORE is a winner of the 2019 Malcolm Baldrige National Quality Award, a presidential award that recognizes nonprofits for their innovation and excellence. For more information, visit www.core.org or call 1-800-DONORS-7.
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The data activation company recognized out of over 3,900 nominations across more than 125 countries
SAM RAMON, Calif., July 7, 2022 /PRNewswire/ -- WANdisco, the data activation company, has been recognized as a finalist of the 2022 Microsoft Rising Azure Technology Partner of the Year Award. The company was honored among a global field of top Microsoft partners for demonstrating excellence in innovation and implementation of customer solutions based on Microsoft technology.
"This recognition celebrates the continued successful collaboration between WANdisco and Microsoft Azure. Together, we have supported cloud migrations, implementations, and digital transformations of enterprises around the world," said Chris Cochran, VP Cloud Alliances at WANdisco. "Our innovative and turnkey integration with Microsoft continues to deliver exceptional speed, scale, and security for organizations migrating enterprise-scale datasets to the Azure cloud. As we celebrate this milestone achievement, our team is more encouraged than ever to continue delivering exceptional data activation services to our customers alongside Microsoft."
The Microsoft Partner of the Year Awards recognize Microsoft partners that have developed and delivered outstanding Microsoft-based applications, services and devices during the past year. Awards were classified in various categories, with honorees chosen from a set of more than 3,900 submitted nominations from more than 100 countries worldwide. WANdisco was recognized for providing outstanding solutions and services while natively integrated into Azure.
"I am honored to announce the winners and finalists of the 2022 Microsoft Partner of the Year Awards," said Nick Parker, Corporate Vice President of Global Partner Solutions at Microsoft. "These partners were outstanding among the exceptional pool of nominees and I'm continuously impressed by their innovative use of Microsoft Cloud technologies and the impact for their customers."
The recognition as a finalist of the 2022 Microsoft Rising Azure Technology Partner of the Year Award continues a landmark year for WANdisco. Earlier this year, the company launched WANdisco Edge to Cloud, an offering that supports enterprises in activating IoT and sensor data – moving it from edge environments to the cloud to support AI and ML initiatives and unleash business value. Built on WANdisco's Data Activation Platform, Edge to Cloud extends WANdisco's data activation capabilities beyond traditional Hadoop to cloud migrations to support enterprise IoT initiatives.
Microsoft Partner of the Year Awards are announced annually prior to the company's global partner conference, Microsoft Inspire, which will take place on July 19-20 this year.
About WANdisco
WANdisco is the first and only data activation platform for accelerating digital transformation at scale. WANdisco makes infinite data actionable across clouds and enterprises in real time. WANdisco customers unleash the business value of the cloud with zero downtime, data loss, or disruption to fuel AI and machine learning, create new services, and transform businesses. For more information about WANdisco, visit www.wandisco.com
Media Contact:
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SOURCE WANdisco | https://www.1011now.com/prnewswire/2022/07/07/wandisco-recognized-finalist-2022-microsoft-rising-azure-technology-partner-year/ | 2022-07-07T13:26:57Z | https://www.1011now.com/prnewswire/2022/07/07/wandisco-recognized-finalist-2022-microsoft-rising-azure-technology-partner-year/ | true |
(The Conversation is an independent and nonprofit source of news, analysis and commentary from academic experts.)
Kimala Price, San Diego State University
(THE CONVERSATION) In a mere few days after the U.S. Supreme Court’s decision to overturn Roe v. Wade in Dobbs v. Jackson Women’s Health Organization, at least seven states banned abortion.
And even though judges blocked the enforcement of “trigger” abortion bans in three states, more bans in other states are expected in the coming weeks. It is believed that 26 states are likely to ban abortions.
Abortion will likely remain legal in 20 states – and the District of Columbia – with 14 of these states having recently enacted legislation that has enhanced access to abortion.
What will be the impact of these bans, especially on women of color and other marginalized communities?
As a scholar who studies reproductive policy and politics, reproductive justice and social movements, I have always been aware that even when Roe was in place, women of color, women in rural areas and women in poverty have had difficulty obtaining reproductive health services, including abortion.
Additionally, the debate over abortion often overshadows the other reproductive health inequities, such as high pregnancy-related complications and deaths, that women of color face.
This recent decision will only widen these gaps.
Reproductive health inequities
Since the early 1980s, there has been a general decline in the abortion rate in the United States, despite claims to the contrary by anti-abortion advocates.
The rate went from 29.3 abortions per 1,000 women ages 15-44 in 1981 to 13.5 per 1,000 women in 2017.
However, African American and Latina women do have disproportionately higher rates of abortion than their white counterparts.
The abortion rate for white women is 6.6 abortions per 1,000, while the rates for African American women – 23.8 per 1,000 – and Latinas – 11.6 per 1,000 – are three times and twice that rate, respectively.
Additionally, low-income women account for 75% of all abortion procedures.
According to public health researchers Christine Dehlendorf, Lisa H. Harris and Tracy A. Weitz, these higher rates are attributed to the higher rates of unintended pregnancies among these groups, which itself is attributed to limited access to health services.
Poor people and people of color are more likely to live in contraceptive “deserts,” places where the number of health centers offering the full range of contraceptive methods is not enough to meet the contraceptive needs of the people who live in those places.
The proliferation of these deserts was worsened by policies enacted by the Trump-Pence administration that limited family planning funding to clinics.
Reproductive health inequities go beyond abortion.
The infant mortality rates among African Americans, Native Americans and Native Alaskans are very high.
The mortality rate for white infants is 4.5 deaths per 100,000 live births, compared with 10.6 for African American infants and 7.9 for Native Americans/Native Alaskan infants.
Additionally, African American, Native American and Native Alaskan women are the most likely to die from pregnancy-related complications.
As a study by Lynn Paltrow and Jeanne Flavin has shown, poor women of color are the most likely to be arrested and prosecuted for homicide, manslaughter and child endangerment while pregnant.
These charges are often made after a woman has terminated a pregnancy, refused to consent to a medically unnecessary cesarean section, endured a miscarriage or stillbirth or tested positive for illegal drug use.
There is also the troubling history of the systematic, coercive sterilization of women of color in the U.S. Women of color and other social groups have had to fight just as hard for the right to have children as for the right to not have them.
By 1937, 32 states had enacted laws that authorized the sterilization of people who were deemed “unfit” to reproduce, including immigrants, racial and ethnic minorities, poor people, unmarried women, people with disabilities, people with mental health issues and people with criminal records.
As historian Alexandra Stern explains, this practice was viewed as “a necessary public health intervention that would protect society from deleterious genes and the social and economic costs of managing ‘degenerate stock.’”
Scholars have documented the history of sterilization abuse among women of color in the 20th century, including women of Mexican and Mexican American heritage in Southern California, African American women in the South, Native American women using Indian Health Services and women in Puerto Rico.
Many were sterilized without their full, informed consent.
Although most of these formal sterilization laws were abolished by the mid-1980s, this practice, unfortunately, is still happening, as reports about sterilization abuse in detention centers run by Immigration and Customs Enforcement have surfaced.
A post-Roe, post-Dobbs world
In the coming months and years, we will see more women traveling to terminate their pregnancies – to states such as California, Colorado and New York, where abortion is likely to remain legal.
But long-distance travel may not be a viable option for those who cannot afford the costs or time off from work or who may not be able to secure child care for their children.
Studies have shown that travel distance is a major barrier to obtaining abortions, as women will forgo an abortion if they must travel more than 50 miles to the nearest clinic.
As with their pre-Roe predecessors, many women may decide to self-induce abortions out of necessity and desperation.
This can make them even more vulnerable to charges of fetal homicide if they are discovered.
Studies have also shown that unsafe abortions can lead to serious health risks, including hemorrhage, infection, infertility and death.
Anti-abortion advocates have pushed adoption as a solution for unintended pregnancy, but this is not a realistic option for people of color.
Among the more than 400,000 children in the foster care system, children of color are the least likely to be adopted.
These children linger in the foster care system.
Erosion of rights
In his concurring opinion in Dobbs, Justice Clarence Thomas argued that the court should reconsider reversing other related landmark rulings, including access to contraception in Griswold v. Connecticut, LGBTQ+ sexual behavior and sodomy laws in Lawrence v. Texas and same-sex marriage in Obergefell v. Hodges.
Thomas’ sentiments reveal a broader ultraconservative agenda to roll back the social and political gains that marginalized communities have won since the 1960s.
In my view, if Thomas gets his wish, women of color will see further erosion of their personal autonomy and right to make the fundamental decisions about the most intimate aspects of their lives.
This article is republished from The Conversation under a Creative Commons license. Read the original article here: https://theconversation.com/access-to-reproductive-health-care-has-been-harder-for-black-and-brown-women-overturning-roe-made-it-harder-186085. | https://www.mrt.com/news/article/Access-to-reproductive-health-care-has-been-17289719.php | 2022-07-07T13:28:02Z | https://www.mrt.com/news/article/Access-to-reproductive-health-care-has-been-17289719.php | true |
LONDRES (AP) — El primer ministro británico Boris Johnson dice que continuará en el puesto hasta que se elija a un sucesor.
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Rapper Headband Beezy will drop by the third-season premiere of Maddgame Entertainment's "The Late Shift" on Friday.
Beezy, a Baton Rouge native now living in Dallas, will talk about his just-released project, “Bow Music Reloaded.”
The local late-night talk show, hosted by comedian Will Merrill, airs at 10 p.m. on WBTR, Channel 36 (cable Channel 19). "The Late Shift" also is simulcast on the MGE network YouTube channel and "The Late Shift" Facebook page. Twelve episodes are planned for this season.
"This will be the first show in the new Maddgame Studios, so although the backdrop is the same, the look will be different with better lighting and sound," Merrill said Tuesday.
Each episode usually runs up to 30 minutes and includes an opening monologue, a celebrity gossip segment called "Watercooler News" with Maddgame's CorNae Granville, the guest chat and a closing remark.
"Also, there’s a new segment we are calling 'Initial Answer,' where guests answer questions, but the answers have to start with their first initial," Merrill said.
As for his stand-up act, the 37-year-old husband and father of two said he continues to joke about aspects of his life and his perspective on the same.
"Having two daughters has changed my material somewhat, like I have jokes that my oldest daughter wrote that I perform," he said. "I also was diagnosed with sleep apnea so I have poked fun at that as well."
Merrill last performed live for "Laugh Gas 4," a Poet’s Life Entertainment-produced series in Lafayette on June 25. There were about 100 people in the audience. Next up is a gig on Friday night in Little Rock, Arkansas.
"I’m trying to find the right home/work/life/comedy/school balance," the show host explained, adding that pursuing his master's degree is temporarily on hold.
In addition to his day job at the Office of Group Benefits, Merrill's also at work on a new album.
"I’m currently still writing it," he said. "My goal was to record this year, but as material started coming, I decided on a different direction. I do plan on having another album ready and hopefully released sometime next year."
Follow Maddgame Entertainment on all social media platforms or visit maddgameent.com. | https://www.theadvocate.com/baton_rouge/entertainment_life/article_3ab6ba10-fbc8-11ec-83d5-3fc0dd610f2f.html | 2022-07-07T13:32:15Z | https://www.theadvocate.com/baton_rouge/entertainment_life/article_3ab6ba10-fbc8-11ec-83d5-3fc0dd610f2f.html | false |
DENVER and SYDNEY, July 7, 2022 /PRNewswire/ -- TTEC Holdings, Inc. (NASDAQ:TTEC), one of the largest, global customer experience (CX) technology and services innovators for end-to-end digital CX solutions, today announced that VoiceFoundry, a TTEC Digital business, won the Amazon Web Services (AWS) 2022 Contact Center Partner of the Year award in the Australia/New Zealand (ANZ) region.
The award, presented at the 2022 AWS Partner Summit ANZ, recognizes VoiceFoundry's specialization, collaboration, and performance in helping clients drive innovation through digitally enabled contact center solutions with AWS. The annual AWS Partner Summit ANZ presents awards to a range of born-in-the-cloud and traditional services, software, and hardware partners that tapped into specializations and collaborations over the last year, according to AWS.
"We are proud to be recognized for the work we're doing with our clients across the ANZ region. Being named AWS 2022 Contact Center Partner of the Year for ANZ is a testament to our strong team and valuable partnership with AWS," said Christian Wagner, AWS Practice Lead, TTEC. "Redefining CX through automation and innovation with modern cloud contact center technology enables our clients to build customer loyalty at a time when consumers are increasingly selective in making purchasing decisions."
With a legacy of over 40 years in the contact center environment, VoiceFoundry's expertise is focused on the Amazon Connect portfolio of services. Amazon Connect is an easy-to-use omnichannel cloud contact center service offering superior, low-cost customer service at a using machine learning (ML), interactive voice response (IVR), and call center routing.
The AWS Partner Network (APN) is a global community of partners that leverages programs, expertise, and resources to build, market, and sell customer offerings. This diverse network features 100,000 partners from more than 150 countries. Together, partners and AWS provide innovative solutions, solve technical challenges, win deals, and deliver value to mutual customers.
VoiceFoundry offers migration services, customer experience automation, end-to-end managed and support services, and custom software add-ins such as proprietary connectors to Salesforce, ServiceNow, and custom agent desktop interfaces, enabling a seamless customer experience across all channels.
About TTEC
TTEC Holdings, Inc. (NASDAQ: TTEC) is one of the largest global CX (customer experience) technology and services innovators for end-to-end, digital CX solutions. The Company delivers leading CX technology and operational CX orchestration at scale through its proprietary cloud-based CXaaS (Customer Experience as a Service) platform. Serving iconic and disruptive brands, TTEC's outcome-based solutions span the entire enterprise, touch every virtual interaction channel, and improve each step of the customer journey. Leveraging next-gen digital and cognitive technology, the Company's Digital business designs, builds, and operates omnichannel contact center technology, conversational messaging, CRM, automation (AI / ML and RPA), and analytics solutions. The Company's Engage business delivers digital customer engagement, customer acquisition & growth, content moderation, fraud prevention, and data annotation solutions. Founded in 1982, the Company's singular obsession with CX excellence has earned it leading client NPS scores across the globe. The Company's nearly 62,000 employees operate on six continents and bring technology and humanity together to deliver happy customers and differentiated business results. To learn more, visit us at www.ttec.com.
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SOURCE TTEC Holdings, Inc. | https://www.kwch.com/prnewswire/2022/07/07/voicefoundry-ttec-digital-business-wins-aws-2022-contact-center-anz-partner-year-award/ | 2022-07-07T13:32:19Z | https://www.kwch.com/prnewswire/2022/07/07/voicefoundry-ttec-digital-business-wins-aws-2022-contact-center-anz-partner-year-award/ | false |
Now pro-EU protestor Steve Bray blasts out the Benny Hill theme tune outside Houses of Parliament as resigning Tory MP Chris Philp is interviewed on live TV – after Hugh Grant eggs him on
- Unmistakable track could be heard during Sky News interview with Chris Philp
- Bray confirmed he was responsible for the stunt, requested by actor Hugh Grant
- It is the latest in a series of statements the activist has performed after yesterday singing 'Bye Bye Boris' to the tune of Bay City Rollers classic, 'Bye, Bye Baby'
The Benny Hill theme tune rang out around Westminster this morning as outgoing Prime Minister Boris Johnson put the finishing touches to his resignation statement.
The jolly music, often used as a soundtrack for outlandishly funny or farcical situations, could be loudly heard in the background of a Sky News interview with Tory MP Chris Philp.
The unmistakable sound of the tune, officially named Yakety Sax, was pumped out of a speaker by anti-Brexit protestor Steve Bray, who has made a series of similar statements outside Parliament this week.
He confirmed this particular stunt was inspired by acting legend Hugh Grant, who requested the song be played in a tweet to Mr Bray earlier this morning.
Posting a video of his own on Twitter, in which people on the green could be seen dancing along, Mr Bray wrote: 'Just for [Mr Grant] as requested here today at the media circus… College Green. The Benny Hill theme tune.'
The stunt was met with glee on social media, as one journalist tweeted: 'Loving the circus music heard in the background now as the UK networks broadcast outside Number 10. Fitting.'
Broadcaster Max Rushden said: 'Wonderful that [Mr Bray] is taking requests. Route one, but Go Now by the Moody Blues is a great song x'
Another user wrote: 'So Hugh Grant asked Steve Bray over Twitter if he had the Benny Hill theme tune and this is now how the news sounds… the country has gone mad/demob happy BUT I AM HERE FOR IT!'
A fourth added: 'Steve Bray blasting out the Benny Hill theme tune every time a Tory MP is interviewed on College Green is a thing of absolute comedic beauty.'
The unmistakable sound of the tune, officially named Yakety Sax, was pumped out of a speaker by anti-Brexit protestor Steve Bray, who has made a series of similar statements outside Parliament this week
The jolly music, often used as a soundtrack for outlandishly funny or farcical situations, could be loudly heard in the background of a Sky News interview with Tory MP Chris Philp
People on the green could be seen dancing along to the music being pumped out by the activist
It comes just 24 hours after the activist also interrupted a live broadcast by Good Morning Britain by belting out a modified rendition of Bye Bye Baby outside the Houses of Parliament.
GMB presenters Susanna Reid, 51, and Ed Balls, 55, were hosting the ITV breakfast news show live from Westminster when Mr Bray, 53, began singing 'Bye Bye Boris' to the tune of the Bay City Rollers' hit.
Reid appeared distracted as the pro-EU protestor started singing, and asked: 'Oh what's… Sorry, where's that come from?'
Balls replied: 'I don't know,' while Reid continued: 'Are we about to do karaoke?', before realising it was Bray.
Bray, from Port Talbot in South Wales, has made frequent protests against Brexit on College Green and is known to shout during TV news broadcasts.
He is also known for walking into the background of live reports, often wearing an eye-catching outfit and carrying placards with anti-Brexit or anti-Government messages.
As Bray's performance picked up, Reid and Balls began dancing along to his rendition of Bye Bye Baby.
Reid quickly recognised the performer, saying: 'Oh, it's Steve Bray! It's the latest Steve Bray protest, isn't it?'
Despite the interruption, both presenters seemed to be entertained by the inventive performance.
'Oh, come on, Steve,' said Balls. Reid added: 'Well, I suppose if you're no longer allowed to shout, there are other ways of making your voice heard.'
It comes after Bray, a failed Lib Dem parliamentary candidate, was silenced by the police last week when they confiscated his powerful music system in Westminster.
Under the Police, Crime, Sentencing and Courts Act, which came into force June 28, he was told by the Metropolitan Police that morning that he could not conduct a 'noisy protest' within a designated area outside the palace of Westminster.
He branded officers 'a bunch of fascists' as they explained the new rules to him and took away his equipment.
Mr Bray started his one-man demonstration shouting about Brexit but has since focused on targeting Boris Johnson and Conservatives.
His set list of songs consists of artists like the Bay City Rollers, the Sex Pistols, the Fun Boy Three and Sam Cook, on a heavy rotation.
He plays regularly outside the palace on Wednesdays when he knows Mr Johnson will attend for Prime Minister's Questions, but also turns up on other days.
People working in the side of the Parliamentary estate facing his protest have made noise complaints but local authorities were until recently unable to take action against a legitimate political protest.
Under new laws, an offence of intentionally or recklessly causing public nuisance is now available in an effort to crack down on disruptive 'guerrilla protests'.
The Benny Hill theme today drowned out a Sky News interview with former technologies minister Chris Philp, who indicated he would return to Government if required, now that Mr Johnson is stepping down as Conservative Party leader.
Mr Philp, who resigned himself only hours ago, told Sky News he would not refuse to help out the Government if it needed to pass legislation through the Commons, but he was not looking for his job back.
He said: 'I think all of us in public life are here to serve the country and if I was able to do that in whatever capacity, then obviously I'd be happy to serve.
'If I was asked to help out with getting the Online Safety Bill through Parliament, okay, I would be willing to help out in whatever way I could, in any capacity, whoever the leader was.
'I'm not asking for that (his old post). I'm not expecting it. I resigned and when you resign, you resign.'
He also said that he had not given any thought to the best candidate to replace Mr Johnson. | https://www.dailymail.co.uk/news/article-10991041/Now-pro-EU-protestor-Steve-Bray-plays-Benny-Hill-theme-tune-outside-Houses-Parliament.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-07-07T13:32:45Z | https://www.dailymail.co.uk/news/article-10991041/Now-pro-EU-protestor-Steve-Bray-plays-Benny-Hill-theme-tune-outside-Houses-Parliament.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | false |
Taxes, regulation and government oversight were in rhetorical tatters in Grand Rapids Wednesday night as candidates grappled over fiscal policy in what became the most substantive debate of the Republican gubernatorial primary.
Though sparks flew over the hot-button issues of abortion and election denialism, moderator Rick Albin of WOOD TV kept the focus trained on the candidates’ vision for state government under their prospective leadership.
All the candidates made clear that taxes would be cut, regulations repealed and oversight veiled as they sparred over how much, when, and how in an auditorium on Grand Valley State University’s campus. The one other balloted candidate in the Republican primary, Pastor Ralph Rebandt, was excluded from the stage because he failed to garner 5% support in independent polling.
Bloomfield Twp. Businessman Kevin Rinke said he wants to immediately cut Michigan 4.25% personal income tax, while Norton Shores commentator Tudor Dixon said she’d gradually reduce it over time, explaining “it’s not possible to immediately get rid of that income tax,” given its significant role in funding state government.
This gave Rinke an opening to hammer home his stance.
“People are suffering now,” he said. “Taking time to slowly reduce the income tax is like a slow death for the state of Michigan.”
Dixon also touted her plan to cut 40% of state regulations in her first term as governor. She also accused Gov. Gretchen Whitmer of “wanting abortion up to the moment of birth,” a talking point that’s seen increasing use against the Reproductive Freedom For All ballot petition.
Mattawan Chiropractor Garrett Soldano directly attacked Dixon, repeatedly calling her an “establishment politician.”
“You’re backed by the establishment.,” he said. “You’re backed by the DeVos empire.”
Dixon has picked up a slew of endorsements from elected officials and interest groups, including the billionaire DeVos family of Grand Rapids, whose largesse meant their name was emblazoned throughout GVSU’s campus and on the building hosting the debate.
In an interview afterward, Dixon said she aims to spend the remainder of the primary touching on education and business.
“Businesses are suffering, our kids are suffering,” she said. “Let’s make sure that that doesn’t happen anymore.”
There was some slight movement from the candidates in their rhetoric around election denialism. Rinke stood out in the last debate by saying he didn’t believe fraud changed the outcome of the election. This time around only Allendale real estate broker Ryan Kelley directly asserted the election was “fraudulent and stolen from President Trump.”
Soldano had called for a “thorough investigation” during the debate, but clarified afterward that he believed fraud prevented former President Donald Trump from winning, though he didn’t mention it on stage. Hundreds of audits and a Republican-led Senate investigation failed to find evidence of widespread voter fraud.
The evening’s format gave candidates three opportunities to rebut their counterparts’ answers on demand, but at times candidates just used them to talk a little longer. Soldano spent a rebuttal making a “call to action to our movement to hammer down on these local prosecutors to enforce” the 1931 law that bans abortion in virtually all circumstances.
Rinke, when asked if there were exceptions he’d allow to permit abortion, he said he’d defer to the legislature, which went unchallenged.
“As Governor, I’m going to support the legislature, I’m going to look for (legislation) to come to me with the voice of the people,” Rinke said.
Discussion of energy policy also indicated the candidates are embracing an increasingly popular solution in conservative circle: nuclear power, which all four voiced support for increasing in Michigan.
There were also times where policy questions pushed candidates’ limits. When Kelley was asked about managing the state’s electric grid in a time of changing demand, he spent about 10 seconds discussing nuclear energy before using his remaining time to detail his opposition to vaccine requirements.
On Thursday afternoon, Kelley will again appear in federal court for his alleged involvement in the attack on the U.S. Capitol on Jan. 6, 2021.
“It was a First Amendment activity by the majority of those people, myself included. We were there protesting the government because we didn’t like the results of the 2020 election and how it happened,” Kelley said of that day. “We have that First Amendment right and that’s what 99% of the people were there for.”
Kelley’s activities at the U.S. Capitol on Jan. 6 were well-documented by FBI investigators as he allegedly egged protestors toward the U.S. Capitol and helped to clear their path. He faces four misdemeanors.
There’s no recent polling to indicate a clear leader in the primary race, even with ballots in the hands of primary voters. The most recent poll reported about half of Republicans were still undecided in the primary.
Read more at MLive:
Michigan Republican gubernatorial candidates trade barbs in testy debate
Ralph Rebandt may be excluded from next televised gubernatorial debate
Ryan Kelley leaning into FBI arrest could benefit him in Michigan’s GOP governor primary | https://www.mlive.com/public-interest/2022/07/cuts-abound-as-gop-gov-candidates-pitch-plans-for-state-government.html | 2022-07-07T13:32:47Z | https://www.mlive.com/public-interest/2022/07/cuts-abound-as-gop-gov-candidates-pitch-plans-for-state-government.html | false |
Team of cold chain industry leaders makes inroads in the 3PL space with second facility groundbreaking in the development of "The New Age of Cold Chain"
UNION CITY, Ga. , July 7, 2022 /PRNewswire/ --Arcadia Cold joined local Union City and Fulton County officials and Saxum Real Estate to celebrate the groundbreaking for their Atlanta Cold Storage Site. The site is located on the southwestern side of Atlanta. The event was hosted by the project general contractor, Griffco Design/Build.
This event marks Arcadia's second groundbreaking of their national cold storage platform to be developed in strategic markets across the United States. Atlanta's location provides nearby access to US Interstates 85, 285 and 20 in the heart of the Southeast distribution market. When complete, this facility will play an important role in allowing Arcadia to serve food manufacturing and end user demand more quickly and efficiently.
"The Arcadia Team is very excited to announce this new project in Union City." said Arcadia Cold CEO Chris Hughes. "We continue to view the greater Atlanta market as a strategically important logistical hub for food manufacturers, traders, grocery retailers and foodservice distributors and an integral part of our national distribution network vision. We've thoughtfully designed this facility to support a range of storage and distribution needs for our customers, including unique deep-freeze capabilities for ice cream and other related products."
The Atlanta Cold Storage location will be a frozen and refrigerated distribution center facility with more than 44,000 pallet positions designed to support high-volume throughput handling services, including full pallet management and case picking. The facility will service the Southeastern states and provide direct access to the ports of Savannah, Charleston, Jacksonville and Mobile.
Speakers at this event included Chris Hughes, CEO & President of Arcadia Cold, Sean Gilbert, Principal of Saxum Real Estate, Scott Griffin, CEO of Griffco Design/Build, Fulton County Commissioner Khadijah Abdur-Rahman, and Mayor Vince Williams of Union City.
"It's an outstanding day for Union City, Fulton County, Metro Atlanta and Arcadia," said Mayor Vince Williams of Union City. "We are thankful to Arcadia for their commitment to invest and grow quality jobs in our city that will serve this region while serving over 22% of the Nation with quality frozen food products. The innovative facility will be a game changer in the cold food storage industry. Amid supply chain challenges, food insecurities, and needed employment opportunities this announcement, reflects the healthy business climate we have worked hard to build here in Union City as we continue to seek our piece of the promise for all!"
"These shovels in the ground today ultimately mean that Individuals who live in this community will have an opportunity to have a good-paying job in this community," said Fulton County Commissioner Khadijah Abdur-Rahman. "These are jobs that are needed, and the people won't have to travel or go to another county for work; their tax dollars will stay where they live, work and play."
About Arcadia Cold: Established in 2021, Arcadia specializes in providing third-party handling, storage, distribution, and value-added services to the food industry. Arcadia Cold bridges the innovation and supply gaps within the cold industrial industry in the United States through modern cold storage warehouse development expertise and proven operational "know-how". Its strategic development partnership with Saxum Real Estate offers a collaborative approach to the design-build and operation model that provides for efficient construction of fully temperature convertible buildings, coupled with modern supply chain technology innovations for its valued customers in the "New Age of Cold Chain". www.arcadiacold.com
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SOURCE Arcadia Cold | https://www.kmvt.com/prnewswire/2022/07/07/arcadia-cold-sets-eyes-atlantas-distribution-market-with-new-state-of-the-art-facility/ | 2022-07-07T13:35:57Z | https://www.kmvt.com/prnewswire/2022/07/07/arcadia-cold-sets-eyes-atlantas-distribution-market-with-new-state-of-the-art-facility/ | false |
Biden will FINISH section of Trump's border wall in California and close Friendship Park - one of the only points where separated US and Mexican families can see and touch each other
- The Biden administration has approved a Trump-era project to complete a section of the border wall in California
- Project could see the permanent closure of binational Friendship Park
- The park between San Diego and Tijuana allows separated families to meet and touch without a wall between them
- Current plans do not have a spot for a door on the U.S. side, meaning pedestrians will not be able to get through to Friendship Park
The Biden administration has approved a Trump-era project finishing a section of the southern border wall in the western-most point of the U.S. along the border with Mexico in California.
Completion of this project will lead to the permanent closure of the U.S. side of Friendship Park, which is a binational spot between San Diego and Tijuana where separated families could meet and touch without a wall between them.
Department of Homeland Security (DHS) Secretary Alejandro Mayorkas approved the designs, which were initially authorized by the Trump administration in the budget for Fiscal Year 2018.
The project will replace existing barriers with two 30-foot walls across Friendship Park. These style walls started being added to the park during the Trump administration, but will be further extended through the park.
Joe Biden's administration has approved a Trump-era project to complete a section of the border wall in California that would see the permanent closure of Friendship Park
Friendship Park is a binational spot between San Diego and Tijuana where separated families could meet and touch without a wall between them. The current plans do not have a spot for a door on the U.S. side, meaning pedestrians will not be able to get through to the Park
'U.S. Border Patrol says they are just 'replacing walls' at Friendship Park, but the proposed construction amounts to a permanent closure of the U.S. side of this historic location,' said John Fanestil, who is the convener of the Friends of Friendship Park coalition based in San Diego.
Fanestil further condemned the president and the project his administration approved: 'Joe Biden should not be putting the finishing touches on Donald Trump's border wall at Friendship Park.'
Current plans do not include an entrance for pedestrians on the secondary wall, meaning that while people on the Mexican side can get to the park, the U.S. side of the park will no longer be accessible to people wishing to meet up with those on the southern side of the U.S.-Mexico border.
Images along the southern border show people on the U.S. and Mexico side of the border speaking through the Trump wall, which is distinguished by other barrier sections with 30-foot bollard-style wall
On Day One of his time in office, Biden signed an executive order halting all border wall construction following his campaign promise that 'not one more inch of wall' would be built.
However, the Biden administration has more recently approved projects at multiple locations along the border, maintaining that the construction is to 'replace' existing wall despite using Trump-era designs.
The projects prevail as migration at the southern border continues to surge despite the White House repeatedly insisting that the border is closed, urging migrants not to make the dangerous trek.
June figures have not yet been released, but May saw a fourth straight month of migrant crossing increases at the southern border with Customs and Border Protection encountering 239,416 illegal border hoppers.
The migration crisis continues to surge under the current administration as CBP encountered 239,416 migrants in May – the highest since Biden took office and a two-decade high
The latest figure is the most so far under the Biden administration and at least a two-decade high in migration at the southern border.
Last month, a sweltering semi-truck full of dead and ailing migrants was found abandoned at the side of the road near San Antonio, Texas. Of the migrants being smuggled, 53 died and several others were in critical condition.
The deadliest human smuggling incident in U.S. history has led to more urgency for action at the southern border, with lawmakers on both sides of the aisle pointing fingers back at each other.
Republicans claim that Biden's lax immigration policies have led to these type of tragedies, while Democrats blame Trump and the GOP for pushing and implementing strict laws at the border that force migrants to seek illegal ways over.
An abandoned semi-truck was found abandoned on the side of the road outside San Antonio, Texas last month in the deadliest human smuggling incident in U.S. history. Dozens were in critical conditions while 53 others died in the sweltering Texas heat | https://www.dailymail.co.uk/news/article-10991231/Biden-FINISH-section-Trumps-border-wall-Calif-close-park-separated-families-meet.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-07-07T13:36:30Z | https://www.dailymail.co.uk/news/article-10991231/Biden-FINISH-section-Trumps-border-wall-Calif-close-park-separated-families-meet.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true |
Dr. Bob Lindner, co-founder and chief science officer, veda.
When most of us hear the word “science,” our minds go to astronomy, chemistry and physics—the physical sciences. Similarly, when we hear the title “chief science officer,” or CSO, we either don’t know what the role entails or we automatically make an association with organizations focused on research, the life sciences or pharmaceuticals.
But given the huge potential benefits of applying the scientific method to other industries, such as healthcare, I predict that over the next few years, we’ll see companies in many verticals hiring for the CSO role and building out data science teams to support this position. In fact, I believe that in today’s environment, tech startups specifically can derive a great deal of value by adding this type of role. I’ll use health tech as the case study for this article because that’s the industry I’m in, but these learnings are applicable across industries.
What Does A CSO Do?
In my initial role as CTO, I was responsible for engineering our enterprise system for reliable performance and scaling. When I returned to my scientific roots as CSO, my focus shifted to taking authority over the processes our company uses to gain information. In a nutshell, this means having an idea, examining what the data says about the idea, hypothesizing what can be done to change that data if needed (e.g., spotting errors and preventing them from reoccurring by teaching the technology to recognize them next time), testing the hypothesis, and then re-measuring to compare and trying again as needed. As a result of our training, scientists are patient enough to follow all these steps and present findings in a way that’s easy for other business decision-makers to comprehend.
While there was a point in time when many business decisions were based on instinct, past experiences and, yes, sometimes even ego, today, technology vendors are being tasked with proving our outcomes. It’s the perfect time to invest in the CSO role and bring the scientific method to bear in business.
Here are three reasons to bring on a CSO:
1. Back Claims About Your Technology With Data To Build Trust
Today, every dollar a business spends gets scrutinized, and every dollar spent must be justified. The expectation is that when technology partners demo our products to prospects, we not only enumerate their benefits to potential buyers but also fully substantiate any claims we make.
The scientific method—which is, at the most basic level, the process by which humans can discover information about the world—is already being deployed across the healthcare industry by certain companies to this end (e.g., in diagnostics and medical devices). These companies are asking questions like: How do you know when you know something? How do you design a process to learn about something? How do you know if you’re making the right choice based on data?
Truly all health tech companies should be treating the performance of their products with the same level of rigor that exists in these other areas of healthcare—even if their end user isn’t a patient. Health tech companies rooted in science can actually write accuracy guarantees into their contracts. We’ve been able to do that at Veda, and it makes all the difference in the world. The trust built by making a promise on paper endures far beyond the sales cycle.
2. Move Fast—Without Breaking Things
With all the VC funding in the health tech industry over the past few years, it’s no wonder that so many startups feel intense pressure to move fast. And now that the VC bubble is starting to burst and investment dollars aren’t quite as easy to come by, the pressure may mount. But in the absence of a gatekeeper role like the CSO that is tasked with maintaining the integrity of data that is presented in support of a product’s value, companies run the risk of unintentionally breaking things. In some extreme cases, startup executives have purposefully manipulated their data to show desired, rather than actual, results.
One of the most egregious examples of this is Theranos, where company executives were accused of deleting quality-control data and cherry-picking data to characterize their lab tests as reliable, when in actuality, a full view of the data would have shown otherwise. Another example is Purdue Pharma and its characterization of OxyContin as a non-addictive opioid. Purdue’s marketing materials, which were put in front of thousands of doctors, manipulated data from studies on the drug and misrepresented its safety profile.
The very antithesis of a contractual obligation to maintain data accuracy, these stories illustrate the harm that can come from moving too fast. Scientists aren’t always the loudest voice or flashiest personalities, but it’s really important that they are part of the executive team to hedge against preventable business mistakes and retain the credibility of health tech ventures.
3. Grow Your Total Addressable Market
I’m sure some readers will wonder if adding a CSO could slow down a company’s progress too much. In reality, leveraging the scientific method in industry actually allows many companies to expand their total addressable market and accelerate progress. A CSO drives the development of rapid prototypes as well as new capabilities and technologies. Their team is tasked, in essence, with running constant experiments. Just like in science, they design objectives and reliable systems to decide if they will pursue them or not. In the face of unexpected results or new data, they are trained by education to pivot and either adjust the current experiment or design a new one.
In health tech startups, specifically, there are never enough resources, so these companies can use the scientific method to reliably, quickly and efficiently decide whether to pursue potential new business developments without relying on external resources for validation.
Over time, I predict that the health tech sector and beyond will apply the scientific method more concretely to its everyday business processes and the AI and ML data science “hype bubble” will inevitably burst.
Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify? | https://www.forbes.com/sites/forbestechcouncil/2022/07/07/the-role-of-science-in-business-three-reasons-every-tech-startup-should-consider-adding-a-cso-to-its-c-suite/ | 2022-07-07T13:37:32Z | https://www.forbes.com/sites/forbestechcouncil/2022/07/07/the-role-of-science-in-business-three-reasons-every-tech-startup-should-consider-adding-a-cso-to-its-c-suite/ | true |
Girlfriend of Brit Wimbledon hero Cameron Norrie, 26, says she 'just wasn't interested' in him at first because he was always away on tennis tours - and insists he's 'calm and level-headed' despite his past hedonistic life
- Louise Jacobi, 32, first met the top tennis player in New York three years ago
- Says she only fell for him after he proved how good he was at staying in touch
- She now travels around the world with him to support him in his tennis career
The girlfriend of Britain's Wimbledon hero Cameron Norrie, 26, has said she 'just wasn't interested' in the star at first because he was always away on tennis tours.
American entrepreneur Louise Jacobi, 32, first met the UK's top tennis player - who has reached the tournament's semi-finals - at a New York bar three years ago.
But she initially refused his advances, only giving in due to his 'persistence' and the fact he did 'an amazing job at keeping in touch' even when they were thousands of miles apart.
She has been described as a 'calm, positive impact' by his British parents.
Cameron gave up his partying, hedonistic lifestyle to be more professional after suffering injuries in a moped crash around six years ago,
And speaking for the first time about her boyfriend's person off the court, she insists he's 'calm and very level-headed'.
American entrepreneur Louise Jacobi, 32, has admitted she 'wasn't interested' in Britain's Wimbledon hero Cameron Norrie, 26, at first because he was always on tour playing tennis. PIctured: The couple at Open Parc Auvergne-Rhone-Alpes after Norrie won the Lyon open
Louise the founder of Studio Virgo - a homeware and fashion accessory shop - celebrating his straight sets win in his fourth round match against Tommy Paul of the USA
Happy couple: Louise revealed how losing her job during Covid enabled her to cement her relationship with Norrie
Their relationship then only began to flourish in October 2019 when Louise's former employer went bankrupt and she lost her job.
Cameron then asked her to join him at the Erste Bank Open in Vienna, Austria.
Louise said, 'When he asked me, I thought, "I guess this guy doesn't live a normal life, and it's not like I can meet (him) down the street and go to dinner together".
'So I went on this trip and was only supposed to be in Vienna for five days, and things just went really well. I had a wonderful time with him.
'In some weird way, I was like, "Thank God I got laid off when I did", because we were able to build the foundation of our relationship before Covid hit.'
Cameron became Britain's number one after winning the ATP tournament at Indian Wells last October.
He then broke into the world top 10 for the first time in April.
His girlfriend says he is just as cool and calm off the court as he is when he is on it
And this Tuesday, he won a place in Wimbledon's semi-final on Friday after defeating Belgium's David Goffin in front of a huge crowd including the Duke and Duchess of Cambridge.
Speaking the next day, Louise said, 'It was surreal.
'When your significant other is crying in front of you - like choking up - how could I keep a dry eye?
'I remember him saying when we first met, "Oh, my dream would be to be in the top 10."
'Back then I didn't know it was going to transpire, and just watching his hard work pay off has been insane.'
Cameron celebrating after his stunning victory on Tuesday, landing him a place in the coveted semi-final
Chicago-born Louise was introduced to Cameron, who was born in Johannesburg, South Africa, but has a Scottish father and Welsh mother, in the summer of 2019 by mutual friends after he had been studying at the Texas Christian University (TCU).
Describing how her beau is off court, she said, 'He's pretty similar to on the court, in the sense that he's very calm, very level-headed, easy-going and takes things as they come.
'That's pretty much exactly how he is.
'He loves golf and he loves playing with his trainer who stays with us a lot - backgammon, playing with their Rubik's Cubes, timing each other and stuff like that.
'When he retires I want to go skiing with him, but right now is not the time.'
Louise, who is the founder of Studio Virgo - a homeware and fashion accessory shop - also revealed that she is friends with some of the other players' partners, including Team GB star Dan Evans' fiancee, Aleah Evans.
Cameron Norrie, 26, has been dating Louise Jacobi, 32, since October 2019
She even met David Goffin's wife - Stephanie Tuccitto - before he was knocked-out by her boyfriend.
'It's difficult because these girls are so nice, and then our boyfriends have to play against each other,' she said.
'But for the most part, everyone has been really nice, really supportive - good camaraderie.
'Stephanie even retweeted congratulations.'
On whether she had any apprehensions about being thrust into the limelight following Cameron's sky-rocket to success, Louise said, 'Not necessarily.
'For the most part he and I try to keep our personal lives private.
'For both of us, trying to maintain a sense of normalcy is something we definitely agree on.'
She also confessed that she is a tennis novice and helps keeps Cameron calm by talking about other things.
She said, 'I didn't even know how to keep score when I first met him.
'But I definitely, in a lot of ways, help keep his mind off of tennis, give him some sort of separation, and keep him calm.'
She says she loves 'travelling the world together', but says that Cameron is having to miss a lot of their friends' weddings.
Although she has been to '80 to 90% of his matches' since they have been together, she will not be going to the US Open this year due to her own commitments.
Louise Jacobi and Helen Norrie celebrates Cameron Norrie winning his quarter final match
She also spoke of how Cameron suffered injuries after a moped accident several years ago, saying he still has a scar on his chin.
She said, 'He did tell me about it.
'A year ago, one of the commentators at a tournament said something about the accident being a turning point, and I asked him, "Is that true?"
'And he was like, "Yeah, kind of". I think it's been overplayed a little bit, though - it was a long time ago.'
When asked about how she was feeling for Norrie's next game against the world number one, Novak Djokovic, Louise said, 'It's definitely going to be a tough match.
'But I know he can do it.'
Norrie will face the Serbian 20-time grand slam winner at Wimbledon on Friday. | https://www.dailymail.co.uk/femail/article-10990653/Girlfriend-Brit-Wimbledon-hero-Cameron-Norrie-speaks-relationship.html?ns_mchannel=rss&ito=1490&ns_campaign=1490 | 2022-07-07T13:37:59Z | https://www.dailymail.co.uk/femail/article-10990653/Girlfriend-Brit-Wimbledon-hero-Cameron-Norrie-speaks-relationship.html?ns_mchannel=rss&ito=1490&ns_campaign=1490 | false |
The agreement signed with Glo-Med Networks for the potential deployment of HYLA™ Blood Sensors over a 3-year period, subject to regulatory approvals
RA'ANANA, Israel, July 7, 2022 /PRNewswire/ -- Inspira™ Technologies OXY B.H.N. Ltd. (NASDAQ: IINN) (NASDAQ: IINNW) (the "Company" or "Inspira Technologies"), a groundbreaking respiratory support technology company, following yesterday's announcement of the development of its new HYLA™ blood sensor, announced today that it has signed an exclusive summary distribution agreement with the U.S. based Glo-Med Networks ("Glo-Med"), for the distribution of the HYLA™ blood sensor device and disposable units across 6 states in the United States (Texas, New Jersey, New York, Florida, North Carlina and South Carolina).
The summary distribution agreement will be followed by a more comprehensive agreement. The agreement has an initial term of 3 years, subject to completion of product development and regulatory approvals. The parties will collaborate on the marketing and deployment of the HYLATM blood sensor. Without the need to take actual blood samples from patients, Inspira Technologies' non-invasive optical blood sensor is being designed to perform real-time and continuous blood monitoring to alert physicians of immediate signs of changes in a patient's clinical condition.
Pursuant to the agreement, and in order to maintain exclusivity in the territory, Glo-Med has committed to purchase a minimum order of 3,889 HYLATM blood sensors and 264,873 disposable units for deployment at hospitals and medical centers, subject to regulatory approvals for the sale and marketing of the HYLATM blood sensor device in the 6 states within the United States.
This is the second distribution agreement reached with Glo-Med for the U.S. market, in addition to the agreement signed in January 2022, for the distribution of the Company's ART™ system.
The Company has additional distribution agreements internationally, targeting a total of $189 million in Israel and Europe (Spain, Portugal, Poland, Czech and Slovakia). All agreements for the ART™ system are over a 7-year period and are subject to the completion of product development and regulatory approvals.
The HYLA™ blood sensor and ART™ system have not been tested or used in humans and are subject to completion of development and regulatory approvals.
Matus Knoblich, Glo-Med's CEO, stated:
"I believe that this ground-breaking technology may dramatically reduce the need for actual blood sampling by the hospital staff. This could significantly reduce their workload while providing potentially critical information at a critical moment when a patient's medical condition may suddenly deteriorate without warning. I strongly believe that this technology has the potential to eventually become a device for almost every patient in intensive care units and other suitable clinical settings. The HYLATM is a very good fit for Glo-Med's growing product portfolio that focuses on improving patient's wellbeing and clinical outcome."
Dagi Ben-Noon, Inspira™ Technologies' Chief Executive Officer, stated:
"Our strong collaboration with U.S. based Glo-Med is built on trust and the understanding of each other's strengths. We have the joint motivation of assisting physicians to improve respiratory care, patient monitoring and outcomes, while maximizing patients' experience. The Inspira Technologies team is energized and focused to truly and positively disrupt the respiratory care market."
Inspira Technologies OXY B.H.N. Ltd.
Inspira Technologies is an innovative medical technology company in the respiratory treatment arena. The Company has developed a breakthrough Augmented Respiration Technology (ART), designed to rebalance patient oxygen saturation levels. The Company's ART™ technology potentially allows patients to remain awake during treatment while minimizing the need for highly invasive, risky, and costly mechanical ventilation systems that require intubation and medically induced coma. The Company's products have not yet been tested or used in humans and has not been approved by any regulatory entity.
For more information, please visit our corporate website:
https://inspira-technologies.com/
About Glo-Med Networks
Glo-Med Networks Incorporated was founded in 2016 to meet the continuously growing demand for innovative medical devices and related products in domestic and international markets. Glo-Med maintains extensive access to next generation medical products globally via long-term partnerships and relationships with medical providers, as well as through their sister company focused on medical device servicing with a focus on hospital beds and medical mattresses, Med-Stat Consulting Services, Inc. (est. 2003). Along with the largest and most prominent healthcare organizations in New York and Florida as clients, Glo-Med has offices and partner companies in Europe, the Middle East and Africa, providing extensive access to the global medical network. Service support provided by Med-Stat grants customers full access to highly skilled technicians who can provide continuous service and support for their medical devices. As the name states, Glo-Med is your access to the global medical network.
For more information, please visit the corporate website: www.glomednet.com
Forward-Looking Statement Disclaimer
This press release contains express or implied forward-looking statements pursuant to U.S. Federal securities laws. These forward-looking statements and their implications are based on the current expectations of the management of the Company only and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. For example, the Company is using forward-looking statements when it discusses the terms of its strategic agreement with Glo-Med, potential revenue to the company, the amount of HYLA™ blood sensors and disposable units that may be sold and the states in which the sensor may be distributed, the potential benefits to be derived from the use of the HYLA™ blood sensor, once developed, and its potential to eventually become a device for almost every patient in intensive care units and other suitable clinical settings, subject to its development and regulatory approvals, its distribution agreements to potentially target sales in the United States, Europe and Israel, all subject to product development and regulatory approvals. These forward-looking statements and their implications are based solely on the current expectations of the Company's management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Except as otherwise required by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. More detailed information about the risks and uncertainties affecting the Company is contained under the heading "Risk Factors" in the Company's annual report on Form 20-F for the fiscal year ended December 31, 2021 filed with the U.S. Securities and Exchange Commission (the "SEC"), which is available on the SEC's website, www.sec.gov
For more details:
US Investor Relations
Miri Segal,
MS-IR LLC
+917-607-8654
msegal@ms-ir.com
US Public Relations
Dave Gentry
RedChip Companies Inc.
1-800-RED-CHIP (733-2447)
Or 407-491-4498
IINN@redchip.com
MRK-ARS-028
Copyright © 2018-2022 Inspira Technologies OXY B.H.N. LTD., All rights reserved.
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Liverpool have agreed a deal with Nottingham Forest for the sale of Neco Williams, though the Wales international is yet to agree personal terms with the newly-promoted Premier League side.
The ECHO understands the Reds have accepted a bid from the Tricky Trees, with the overall package worth around £17m.
The 21-year-old is currently back in Liverpool but on extended leave, having helped Wales qualify for the World Cup last month, following the Reds’ return for pre-season on Monday, and was scheduled to link up with Jurgen Klopp ’s side on Saturday when they fly out to Bangkok for the start of their pre-season tour.
READ MORE: 'You are the biggest idiot' - Tottenham star's x-rated response after big Liverpool mistake
READ MORE: Rio Ferdinand speaks out on harsh Liverpool truth Cristiano Ronaldo has accepted
However, while a deal is agreed between the two clubs, personal terms still need to be addressed. The defender spent the second half of last season on loan with Fulham, helping them win promotion to the Premier League as Championship winners, but now looks set to move to their fellow newly-promoted side.
Should Williams agree terms, he is poised to follow Sadio Mane , Takumi Minamino and Divock Origi out of the Anfield exit door as a result, with a £17m package set to take Liverpool’s overall incomings from player sales this summer to a potential £67.5m including add-ons.
READ NEXT | https://www.liverpoolecho.co.uk/sport/football/football-news/liverpool-neco-williams-deal-breaking-24426370 | 2022-07-07T13:43:49Z | https://www.liverpoolecho.co.uk/sport/football/football-news/liverpool-neco-williams-deal-breaking-24426370 | true |
SCOTTSDALE, Ariz., July 7, 2022 /PRNewswire/ -- GPS Insight, a leading fleet and field service management software provider in the United States and Canada, today announced the release of Field Service Management For Dummies®, a free ebook written with Wiley publishing - the definitive source for the extensive For Dummies series - to help guide operations executives, business owners, and service managers to the right field service management solution for their business without an overload of technical jargon. The project represents the first of its kind across the field service management industry, aiming to simplify the shift towards digitization of field services and ensure every organization, regardless of size and digital dexterity, can understand how and why they should leverage field service management software.
GPS Insight holds long-standing expertise in developing field service management software, and its recent acquisition of FieldAware, the leader in made-for-mobile, cloud-based field service solutions, allows for better service to midmarket and enterprise field service organizations across every industry. Companies of all sizes with fleet and field operations struggle with high operating costs, safety risks, and antiquated strategies that waste valuable time and money. While digital transformation may seem like a daunting project to add to the docket, it is a sure-fire way to futureproof your operations to yield exceptional cost, productivity, and customer service benefits. Field Service Management For Dummies® combines subject matter expertise from GPS Insight with Wiley's editorial mission to make everything easier.
"The 'For Dummies' initiative gives us a great way to share field service management best practices simply and clearly, and I cannot wait to get this guide in front of field service leaders across the world," said Shawna Stephenson, CMO at GPS Insight. "Companies who specialize in field service are facing unprecedented times, as the rapid need to digitize is met with information overload and analysis paralysis. After reading Field Service Management For Dummies®, field service executives will understand how to choose the right tools to streamline the business, scale, and grow."
Since 1991, For Dummies, a Wiley brand, has provided people with actionable, approachable insight on a wide variety of topics. Through expert editorial presented in a digestible style, learners at every level can confidently use their knowledge to fuel their pursuit of professional advancement and personal betterment. With a commitment to maintaining the highest editorial standards and a promise to continue developing new, innovative digital experiences, Dummies makes learning anything even easier.
Field Service Management For Dummies® is now free for download at www.gpsinsight.com/field-service-management-for-dummies-ebook. To read more about our joint efforts in creating this guide, visit our blog at www.gpsinsight.com/blog.
Wiley is a global leader in research and education, unlocking human potential by enabling discovery, powering education, and shaping workforces. For over 200 years, Wiley has fueled the world's knowledge ecosystem. Today, our high-impact content, platforms, and services help researchers, learners, institutions, and corporations achieve their goals in an ever-changing world. Visit us at Wiley.com, like us on Facebook, and follow us on Twitter and LinkedIn.
GPS Insight helps fleet and field service businesses by delivering innovative solutions and actionable insights. Organizations across North America turn to GPS Insight when they have high fleet operating costs, are worried about safety on the roads, and struggle with inefficiencies that waste valuable time and money. GPS Insight offers best-of-breed technology for organizations with drivers and technicians in the field, fleets of vehicles, trailers, and other mobile assets. GPS Insight provides many fleet solutions that include vehicle and asset tracking, in-cab smart cameras, field service management, and compliance solutions.
Media Contact
Bailey Wray
(318) 470-5403
bailey.wray@anthonybarnum.com
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LONDON, July 7, 2022 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today it will report its financial results for the second quarter 2022 before the market opens on Tuesday, August 9. The press release and earnings supplement, with accompanying financial information, will be posted on the Clarivate investor website at https://ir.clarivate.com. The Company will host a conference call and webcast on Tuesday, August 9 at 9:00 AM Eastern Time to review the results.
The live webcast of the call will be accessible through the investor relations section of the Company's website. To join the webcast please visit https://events.q4inc.com/attendee/911488886. A replay will also be available on the investor relations section of the Company's website.
Interested parties may access the live audio broadcast by dialing 844-200-6205 (in the United States), 929-526-1599 (International) and 833-950-0062 (Canada). The conference ID number is 016804.
An audio replay will be available approximately two hours after the completion of the call at 866-813-9403 (in the US), 44-204-525-0658 (International) and 226-828-7578 (Canada). The replay access code is 355429. The recording will be available for replay through August 16, 2022.
Clarivate™ is a global leader in providing solutions to accelerate the pace of innovation. Our bold mission is to help customers solve some of the world's most complex problems by providing actionable information and insights that reduce the time from new ideas to life-changing inventions in the areas of Academia & Government, Life Sciences & Healthcare, Professional Services and Consumer Goods, Manufacturing & Technology. We help customers discover, protect and commercialize their inventions using our trusted subscription and technology-based solutions coupled with deep domain expertise. For more information, please visit clarivate.com.
Category: Earnings
Source: Clarivate Plc
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The partnership will make digital accessibility solutions available to thousands of omnichannel retailers
TUCSON, Ariz., July 7, 2022 /PRNewswire/ -- AudioEye, Inc. (NASDAQ: AEYE), the industry-leading digital accessibility provider, and Celerant, a leading provider of omnichannel retail POS solutions, today announced that Celerant has selected AudioEye as their digital accessibility technology and services provider. The partnership aims to help customers across Celerant's diverse portfolio of retailers ensure their digital experiences are equally accessible to all users, regardless of ability.
Celerant customers will be able to leverage the power of AudioEye's patented accessibility technology to find and fix the most common web accessibility issues, allowing them to acquire new customers by providing accessible customer experiences. AudioEye currently has more than 70 automated remediations that test for at least 400 accessibility issues. Celerant customers will also have access to AudioEye's team of IAAP-certified accessibility experts for assistance with manual reviews and remediations that automation alone cannot address.
With over $2.5 billion in annual retail sales processed and more than 2,000 points of sales, Celerant offers powerful and scalable omnichannel retail POS systems that enable retailers to expand their business in store and online by combining point of sale software, eCommerce, marketplaces, shopper incentives, digital marketing, mobile applications and industry-specific functionality. The AudioEye solution will add accessibility to an already robust suite of offerings for their customers across multiple retail categories.
"Ensuring that everyone has equal access to their digital properties is a priority for Celerant customers," said Ian Goldman, CEO and President, Celerant Technology. "AudioEye quickly showed us that they are a partner that cares about us as well as our clients to deliver custom accessible experiences to those that need them. While many make these claims, AudioEye's world-class technology paired with certified accessibility and legal experts make them stand out as a partner that we can trust."
"AudioEye's comprehensive solution aligns with Celerant's combination of advanced technology and human expertise and will provide Celerant's customers, and Celerant themselves, with new growth opportunities," said David Moradi, CEO of AudioEye. "Our team is proud to have been selected by Celerant to be their digital accessibility partner."
To learn more about Celerant and the new AudioEye integration, please visit: www.celerant.com/audioeye.
About AudioEye, Inc.
AudioEye is an industry-leading digital accessibility platform delivering ADA and WCAG compliance at scale. By combining easy-to-use technology and subject matter expertise, AudioEye helps companies and content creators solve every aspect of web accessibility—from finding and resolving issues to navigating legal compliance, to ongoing monitoring and upkeep. Trusted by the FCC, ADP, SSA, Samsung, and others, AudioEye delivers automated remediations and continuous monitoring for accessibility issues without making fundamental changes to website architecture, source code, or browser-based tools. Join us on our mission to eradicate barriers to digital access, visit www.audioeye.com.
About Celerant
Celerant Technology is an innovative retail software provider enabling retailers to expand their businesses past their physical storefronts' and into the online world. Rated as the #1 retail software provider year after year by the RIS LeaderBoard, Celerant supports retailers with an all-in-one system; point of sale, inventory management, promotions and loyalty rewards, eCommerce, mobile apps, vendor integrations, marketplace integrations, integrated email marketing and more. To learn more, subscribe to our blog- www.celerant.com/blog.
Investor Contact
Brian M. Prenoveau, CFA
MZ North America
AEYE@mzgroup.us
+561-489-5315
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SOURCE AudioEye, Inc. | https://www.wistv.com/prnewswire/2022/07/07/celerant-selects-audioeye-digital-accessibility-partner/ | 2022-07-07T13:47:44Z | https://www.wistv.com/prnewswire/2022/07/07/celerant-selects-audioeye-digital-accessibility-partner/ | false |
Comey, McCabe faced ‘rigorous’ audit by the IRS
(Gray News) - Former FBI Deputy Director Andrew McCabe is questioning the actions of the Internal Revenue Service.
McCabe, now a CNN law enforcement analyst, said he wants an investigation into why he and former FBI Director James Comey were both chosen by the IRS for tax audits.
McCabe said the audit process was “incredibly rigorous.”
Comey told the New York Times his audit in 2019, when former President Donald Trump was in office, determined that he and his wife overpaid their federal income taxes in 2017, and he got a refund.
McCabe’s 2021 audit on his 2019 return uncovered a small “oversight” that they paid.
Comey told the Times that an investigation into the audits would be warranted.
The New York Times reported the chances of a person being picked for such an audit is nearly one out of every 31,000 people.
That raised questions among some analysts about how McCabe and Comey, both critics of former President Donald Trump who were fired during the Trump administration, were selected at around the same time.
Trump fired Comey as FBI director in May 2017, which led to the appointment of a special counsel.
McCabe led an FBI probe of Trump’s advisers’ connections to Russia. Former Attorney General Jeff Sessions fired him two days before he was set to retire in March 2018.
The IRS is led by Trump appointee Charles Rettig, but the agency told the Times that he plays no factor in who is audited.
A Trump spokesman told the Times that Trump had no knowledge of the audits for Comey and McCabe.
Copyright 2022 Gray Media Group, Inc. CNN Newsource contributed to this report. All rights reserved. | https://www.wsaz.com/2022/07/07/comey-mccabe-faced-rigorous-audit-by-irs/ | 2022-07-07T13:48:26Z | https://www.wsaz.com/2022/07/07/comey-mccabe-faced-rigorous-audit-by-irs/ | true |
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