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ATLANTA (AP) _ Delta Air Lines Inc. (DAL) on Wednesday reported second-quarter earnings of $735 million.
On a per-share basis, the Atlanta-based company said it had profit of $1.15. Earnings, adjusted for one-time gains and costs, were $1.44 per share.
The results fell short of Wall Street expectations. The average estimate of 10 analysts surveyed by Zacks Investment Research was for earnings of $1.71 per share.
The airline posted revenue of $13.82 billion in the period, topping Street forecasts. Seven analysts surveyed by Zacks expected $13.61 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on DAL at https://www.zacks.com/ap/DAL | https://www.sfchronicle.com/business/article/Delta-Q2-Earnings-Snapshot-17301765.php | 2022-07-13T11:00:09Z | https://www.sfchronicle.com/business/article/Delta-Q2-Earnings-Snapshot-17301765.php | true |
ST. ANDREWS, Scotland (AP)It is golf’s new power couple. Well, at least for the next few weeks.
After all, no other husband and wife is believed to have played in the men’s and women’s British Opens in the same year.
No wonder newlyweds Alex Wrigley and Johanna Gustavsson had wide smiles as they posed for photos on the Swilcan Bridge under bright sunshine near the end of a practice round on the Old Course at St. Andrews on Tuesday.
For Wrigley in particular, these are pinch-yourself moments after years living in the shadow of the woman he married just a few weeks ago.
While Gustavsson, a Swede, has established herself as a leading player on the Ladies European Tour – she is third in the order of merit for 2022 – and has played in the women’s majors, Wrigley has spent more than a decade competing in regional qualifying events to get a chance to play at the British Open.
When he isn’t playing on the satellite tours across Europe, he teaches golf in both Sweden, where the couple lives, and in his native England. Among the people Wrigley coaches is Gustavsson, since 2016.
”Alex is always with me, supporting me in my career,” Gustavsson said at the back of the 18th green, standing proudly alongside her husband. ”So it’s good he is getting to be in the center of everything this week.”
That’s because Wrigley finally got into the Open Championship this year after winning a playoff in final qualifying at nearby Fairmont St. Andrews last month.
Gustavsson was scheduled to be playing an LET event in the Netherlands this week. Those plans were immediately canceled – she was going to caddy for her husband at the home of golf.
”I just had to be here,” she said.
And there she was Tuesday, lugging Wrigley’s bag around the Old Course and offering advice to her husband only when asked.
”Johanna brings a lot of experience to the role – she has played in four or five majors already, in front of big crowds – so she is very calm in these sorts of situations,” Wrigley said, explaining the on-course dynamic between the couple. ”I just want some of that to rub off on me if it can.
”I learn a lot from her, definitely from the psychological part of things. She is further on in her career, playing-wise, than I am and had more experience on the big stage.”
Wrigley, who earned around $7,000 from each of his two biggest wins as a pro, was nervous when he turned up at St. Andrews over the weekend, according to Gustavsson.
But she has seen him getting accustomed to crossing paths with biggest names in the sport. On Tuesday, he played his practice round with 1999 champion Paul Lawrie, one group ahead of Rory McIlroy. On Sunday, Padraig Harrington and Shane Lowry joined Wrigley on the seventh hole and they played the rest of the round together.
”It is a different world,” Wrigley said, ”but the more you spend time with them, you realize all these great players are normal people, too. They are down-to-earth people who are just really good at golf.”
Next week, normal order will resume. Gustavsson will be playing major golf at the Evian Championship and Wrigley will be watching her. It won’t be long before he’ll be back coaching, alternating between Orebro in Sweden and his home club in northeastern England, Hartlepool Golf Club.
”I have a loyal customer base in Hartlepool that keeps coming back to me,” he said.
Wrigley sure will have some stories to tell them at their next lessons.
—
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP-Sports | https://www.kark.com/sports/golf/newlyweds-team-up-for-week-of-their-lives-at-st-andrews-2/ | 2022-07-13T11:00:09Z | https://www.kark.com/sports/golf/newlyweds-team-up-for-week-of-their-lives-at-st-andrews-2/ | true |
HOUSTON, July 13, 2022 /PRNewswire/ -- KBR (NYSE: KBR) is pleased to announce it is a major partner to Axiom Space, which NASA selected as one of two companies eligible to support the development of NASA's next-generation spacesuit and spacewalk systems through the Exploration Extravehicular Activity Services (xEVAS) contract. This comprehensive contract includes a full range of services, including design, testing, and verification of manufacturing and processing of the new spacesuits. KBR will co-locate with Axiom Space in their facilities.
The xEVAS contract, which advances extravehicular activity capability for low-Earth orbit, on the lunar surface, and future human missions to Mars, is managed out of NASA's Johnson Space Center (JSC) through the Extravehicular Activity (EVA) and Human Surface Mobility Program. The milestone-based contract's period of performance continues through 2034 with a potential total value of $3.5 billion across the life of the program.
"KBR is honored to have the opportunity to help humanity return to the moon and confident in our decades of development experience to help produce a safe and flexible suit unlike any other," said Byron Bright, President of KBR Government Solutions U.S. "Having worked with every astronaut since 1968, this historic project is a fitting continuation of our existing human space flight efforts. Our team could not be more thrilled to support this exciting endeavor for the next generation."
Working together on Axiom's spacesuits, the AxEMU, is the latest collaboration between Axiom Space and KBR. The two companies worked together on Axiom's first commercial space mission, Axiom Mission 1, and will continue to collaborate on Axiom Mission 2. This new commercial partnership contract with NASA enables Axiom Space, together with KBR, to build next generation astronaut spacesuits that serve commercial customers, private astronauts, and future space station goals while meeting NASA's ISS and Artemis lunar exploration needs.
KBR's science, space, and engineering experts have more than 25 years of experience leading spacesuit development and are key assets to the project. The company currently processes and refurbishes NASA spacesuits and related components used on the International Space Station, and will use its experience and knowledge to focus on the development and delivery of services related to the new next-generation spacesuits.
To read more about KBR's latest news, visit kbr.com/insights-news.
We deliver science, technology and engineering solutions to governments and companies around the world. KBR employs approximately 28,000 people performing diverse, complex and mission-critical roles in 34 countries.
KBR is proud to work with its customers across the globe to provide technology, value-added services, and long-term operations and maintenance services to ensure consistent delivery with predictable results. At KBR, We Deliver.
Visit kbr.com.
The statements in this press release that are not historical statements, including statements regarding future financial performance, are forward-looking statements within the meaning of the federal securities laws. These statements are subject to numerous risks and uncertainties, many of which are beyond the company's control that could cause actual results to differ materially from the results expressed or implied by the statements. These risks and uncertainties include, but are not limited to: the significant adverse impacts on economic and market conditions of the COVID-19 pandemic and the company's ability to respond to the resulting challenges and business disruption; the recent dislocation of the global energy market; the company's ability to manage its liquidity; the outcome of and the publicity surrounding audits and investigations by domestic and foreign government agencies and legislative bodies; potential adverse proceedings by such agencies and potential adverse results and consequences from such proceedings; changes in capital spending by the company's customers; the company's ability to obtain contracts from existing and new customers and perform under those contracts; structural changes in the industries in which the company operates; escalating costs associated with and the performance of fixed-fee projects and the company's ability to control its cost under its contracts; claims negotiations and contract disputes with the company's customers; changes in the demand for or price of oil and/or natural gas; protection of intellectual property rights; compliance with environmental laws; changes in government regulations and regulatory requirements; compliance with laws related to income taxes; unsettled political conditions, war and the effects of terrorism; foreign operations and foreign exchange rates and controls; the development and installation of financial systems; the possibility of cyber and malware attacks; increased competition for employees; the ability to successfully complete and integrate acquisitions; and operations of joint ventures, including joint ventures that are not controlled by the company.
The company's most recently filed Annual Report on Form 10-K, any subsequent Form 10-Qs and 8-Ks, and other U.S. Securities and Exchange Commission filings discuss some of the important risk factors that the company has identified that may affect its business, results of operations and financial condition. Except as required by law, the company undertakes no obligation to revise or update publicly any forward-looking statements for any reason.
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CALGARY, AB, July 13, 2022 /PRNewswire/ - High Tide Inc. ("High Tide" or the "Company") (NASDAQ: HITI) (TSXV: HITI) (FSE: 2LYA), a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets, announced today that its Canna Cabana retail cannabis store located at 10027 100 Street in Fort St. John, British Columbia will begin selling recreational cannabis products and consumption accessories for adult use at 4:20 PM local time today. This opening will represent High Tide's 128th branded retail location across Canada, and 1st in British Columbia, selling recreational cannabis products and consumption accessories. The store will be High Tide's first location in the Peace River Region of British Columbia, within which Fort. St John is the largest municipality. It is located in the centre of the city, close to numerous businesses, and is only minutes away from the Alaska Highway, which brings residents and visitors into the city.
"Our first organic store opening in British Columbia is a much-awaited and very positive milestone for High Tide. This is the result of many months of hard work by our team as we navigated the regulatory process to enter the province. I am excited that we finally have the opportunity to bring our innovative discount club model, which has been a proven hit with our customers in the four provinces where we already operate, to British Columbia," said Raj Grover, President and Chief Executive Officer of High Tide. "Combined with last week's announced acquisition of two operating retail cannabis stores in Vancouver through the Choom BC store portfolio, we are entering the province in a big way and are already almost halfway to the provincial store cap. With this foothold in British Columbia, I anticipate that we will be able to expand quickly through both organic growth and strategic acquisitions, putting us in a position to reach the cap of 8 stores in the coming months," added Mr. Grover.
High Tide is a leading retail-focused cannabis company with bricks-and-mortar as well as global e-commerce assets. The Company is the largest Canadian retailer of recreational cannabis as measured by revenue, with 128 current locations spanning Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The Company is also North America's first cannabis discount club retailer, under the Canna Cabana banner, which is the single-largest cannabis retail brand in Canada with additional locations under development across the country. High Tide's portfolio also includes retail kiosk and smart locker technology – Fastendr™. High Tide has been serving consumers for over a decade through its established e-commerce platforms including Grasscity.com, Smokecartel.com, Dailyhighclub.com, and Dankstop.com and more recently in the hemp-derived CBD space through Nuleafnaturals.com, FABCBD.com, BlessedCBD.co.uk,, BlessedCBD.de, and Amazon UK, as well as its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz. High Tide was featured in the third annual Report on Business Magazine's ranking of Canada's Top Growing Companies in 2021 and was named as one of the top 10 performing diversified industries stocks in the 2022 TSX Venture 50™. High Tide's strategy as a parent company is to extend and strengthen its integrated value chain, while providing a complete customer experience and maximizing shareholder value.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
For more information about High Tide Inc., please visit www.hightideinc.com, its profile page on SEDAR at www.sedar.com, and its profile page on EDGAR at www.sec.gov.
Certain statements in this news release are forward-looking information or forward-looking statements. Such information and statements, referred to herein as "forward-looking statements" are made as of the date of this news release or as of the date of the effective date of information described in this news release, as applicable. Forward-looking statements relate to future events or future performance and reflect current estimates, predictions, expectations or beliefs regarding future events. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (generally, forward-looking statements can be identified by use of words such as "outlook", "expects", "intend", "forecasts", "anticipates", "plans", "projects", "estimates", "envisages, "assumes", "needs", "strategy", "goals", "objectives", or variations thereof, or stating that certain actions, events or results "may", "can", "could", "would", "might", or "will" be taken, occur or be achieved, or the negative of any of these terms or similar expressions, and other similar terminology) are not statements of historical fact and may be forward-looking statements.
Such forward-looking statements are based on assumptions that may prove to be incorrect, including but not limited to the ability of High Tide to execute on its business plan and that High Tide will receive one or multiple licenses from Alberta Gaming, Liquor & Cannabis, British Columbia's Liquor Distribution Branch, Liquor, Gaming and Cannabis Authority of Manitoba, Alcohol and Gaming Commission of Ontario or the Saskatchewan Liquor and Gaming Authority permitting it to carry on its Canna Cabana Inc. business. High Tide considers these assumptions to be reasonable in the circumstances. However, there can be no assurance that any one or more of the government, industry, market, operational or financial targets as set out herein will be achieved. Inherent in the forward-looking statements are known and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements, or industry results, to differ materially from any results, performance or achievements expressed or implied by such forward-looking statements.
The forward‐looking statements contained herein are current as of the date of this news release. Except as required by law, High Tide does not have any obligation to advise any person if it becomes aware of any inaccuracy in or omission from any forward-looking statement, nor does it intend, or assume any obligation, to update or revise these forward-looking statements to reflect new events or circumstances. Any and all forward-looking statements included in this news release are expressly qualified by this cautionary statement, and except as otherwise indicated, are made as of the date of this news release.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States of America. The securities have not been and will not be registered under the United States Securities Act of 1933 (the "1933 Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons (as defined in the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration is available.
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SOURCE High Tide Inc. | https://www.wlbt.com/prnewswire/2022/07/13/high-tide-opens-first-canna-cabana-location-british-columbia/ | 2022-07-13T11:05:22Z | https://www.wlbt.com/prnewswire/2022/07/13/high-tide-opens-first-canna-cabana-location-british-columbia/ | true |
KIGALI, Rwanda (AP) — Genocide survivors in Rwanda welcomed the conviction of Laurent Bucyibaruta, the highest-ranking Rwandan to have faced trial in France over the 1994 genocide.
Many in this East African country support President Paul Kagame’s efforts to get France and other countries to arrest and try all genocide suspects still at large in Europe.
Bucyibaruta, 78, was sentenced to 20 years in Tuesday’s decision following his trial on genocide charges. The Paris court convicted him of complicity to commit genocide and crimes against humanity, but acquitted him of charges of war crimes and genocide, saying there was no proof that he was the main perpetrator.
Bucyibaruta, who has lived in France since 1997, was not in custody during the trial but was detained by gendarmes as soon as the verdict was read. He can appeal the ruling within 10 days.
The Bucyibaruta verdict is an important one to survivors of the killings in Rwanda’s Gikongoro province, where he was the governor during the genocide and a known hardliner within the ruling party. Gikongoro, with its substantial Tutsi population, was a genocide hotspot.
Genocide survivors who spoke to The Associated Press Wednesday said the decision showed justice can never come too late.
“Because of his groundwork, many Tutsi were killed,” said Joseph Ntwali, who lived in Gikorongo during the genocide, urging French authorities to try more genocide suspects still living in that country.
He recalled Bucyibaruta as a man with influence who in speeches sowed the seeds of ethnic hatred.
Naphtal Ahishakiye, the executive secretary of a genocide survivors’ group known as Ibuka, commended France's political will in trying genocide perpetrators, saying the verdict has come as a result of improved bilateral ties between Rwanda and France.
“We know very well that no punishment can equal the crime of genocide, but it’s better when perpetrators are tried and punished in the end,” Ahishakiye said.
The mass killing of Rwanda’s Tutsi population was ignited on April 6, 1994, when a plane carrying then-President Juvénal Habyarimana was shot down and crashed in Kigali, the capital, killing the leader who, like most Rwandans, was an ethnic Hutu.
The Tutsi were blamed for downing the plane, and although they denied it, bands of Hutu extremists began killing them, including children, with support from the army, police and militias.
Over 100 days, more than 800,000 Tutsi and the moderate Hutu who tried to protect them were killed.
In the case of Bucyibaruta, he was accused of luring people out of their hiding places in the bush into schools or churches, promising protection. But they were not safe in those places and many were killed.
The presence in France of fugitives such as Bucyibaruta for years was a source of aggravation for Rwandan authorities, who urged European nations to arrest suspects.
But ties between Rwanda and France under President Emmanuel Macron have improved recently as some suspects have been arrested.
Felicien Kabuga, one of the most wanted genocide fugitives, was arrested outside Paris in 2020. Kabuga, who is accused of equipping militias in the genocide with machetes and propaganda, is yet to stand trial. | https://www.beaumontenterprise.com/news/article/Genocide-survivors-welcome-Rwandan-s-conviction-17301676.php | 2022-07-13T11:05:33Z | https://www.beaumontenterprise.com/news/article/Genocide-survivors-welcome-Rwandan-s-conviction-17301676.php | false |
LONDON (AP) — Conservative Party lawmakers in Britain are casting ballots Wednesday in the first round of an election to replace Prime Minister Boris Johnson.
The internal party contest will replace the flamboyant, scandal-ridden Johnson — a figure famous in Britain and around the world — with a new and much lesser-known prime minister.
Eight candidates have secured the required backing of 20 of their colleagues to make the first ballot. The 358 Tory legislators will vote Wednesday afternoon, with the last-placed candidate and any others who fail to get 30 votes dropping off the list. Further rounds of voting will take place Thursday and, if needed, next week.
The final two contenders will face a runoff vote by about 180,000 Conservative Party members across the country. The winner is scheduled to be announced Sept. 5 and will automatically become prime minister, without the need for a national election.
Few of the contenders have a high public profile. Former Treasury chief Rishi Sunak is the bookies’ favorite and has the largest number of declared supporters, followed by Foreign Secretary Liz Truss and Trade Minister Penny Mordaunt.
Treasury chief Nadhim Zahawi, backbench lawmaker Tom Tugendhat, ex-Equalities Minister Kemi Badenoch, former Foreign Secretary Jeremy Hunt and Attorney General Suella Braverman are also on the ballot.
The candidates are jostling to replace Johnson, who quit as Conservative leader last week amid a party revolt triggered by months of ethics scandals. He will remain in office as a caretaker prime minister until his replacement as party chief is chosen.
Mordaunt, at her official campaign launch on Wednesday, said the party had “standards and trust to restore” after the scandal-tarnished Johnson years.
She said voters “are fed up with us not delivering, they are fed up with unfulfilled promises and they are fed up with divisive politics.”
The slate of candidates is strikingly diverse, with four contenders from ethnic minorities and four women. But all are offering similar tax-slashing pledges, with only Sunak offering a note of caution. He has cast himself as the candidate of fiscal probity, saying said the country needs “honesty and responsibility, not fairytales” to get through economic shockwaves from the coronavirus pandemic and the war in Ukraine.
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Follow all of AP’s coverage of Prime Minister Boris Johnson and British politics at https://apnews.com/hub/boris-johnson | https://who13.com/news/international-news/ap-international/uk-conservatives-cast-votes-in-1st-round-of-leadership-race/ | 2022-07-13T11:07:33Z | https://who13.com/news/international-news/ap-international/uk-conservatives-cast-votes-in-1st-round-of-leadership-race/ | false |
Building on a decade of research, the program will develop next-generation probiotics and therapeutics to modulate the gut microbiota to target areas like anxiety, depression and mental well-being
LOS ANGELES and BOSTON, July 13, 2022 /PRNewswire/ -- Seed Health, a microbiome science company, and Axial Therapeutics, a clinical-stage biopharmaceutical company, today announced a joint development program targeting the microbiome-gut-brain axis for mental health, with the potential to impact well-being in areas like anxiety, depression and stress response. The program builds on the work of Axial co-founder and Board Member and Seed Health Board Member Dr. Sarkis Mazmanian, whose California Institute of Technology (Caltech) lab first discovered the critical contributions of intestinal microbes and microbial metabolites in neuropsychiatric conditions. With joint expertise across discovery, mechanistic validation, microbial fermentation, scale-up, clinical research and commercialization, the program is uniquely positioned to transform the current paradigm of treatment in mental health.
In the past fifteen years, the gut microbiome has emerged as one of the critical regulators of brain function. Known as the gut-brain axis (or, more specifically, the microbiome-gut-brain axis), this bidirectional line of communication impacts the central nervous system and, in turn, mood, cognition, and motor and autonomic activity. Dr. Mazmanian's lab was the first to discover that molecular signals from gut bacteria can profoundly influence anxiety behavior. More recently, a study published in Nature from the Sarkis Mazmanian Lab revealed that specific microbes alone can modulate neuronal activity in the hypothalamus to reduce levels of the stress hormone corticosterone (known in humans as cortisol) and regulate social behaviors.
"Until recently, we've lacked clarity into how the gut microbiome regulates emotions and impacts complex behaviors," explained Dr. Mazmanian, PhD., Luis & Nelly Soux Professor of Microbiology in the Division of Biology & Biological Engineering at Caltech." A growing body of research is advancing understanding of the gut-brain axis and revealing the potential for microbial innovations to maintain or even improve mental well-being. The collaboration between Seed Health and Axial Therapeutics will translate this breakthrough research into novel probiotics and living medicines for a range of cognitive and neuropsychiatric outcomes."
The development program will be overseen by Seed Health Co-founder and Co-CEO Raja Dhir and recently-appointed Chief Scientific Officer (CSO) Dr. Dirk Gevers, former Head of J&J's Janssen Human Microbiome Institute.
"The work of Dr. Mazmanian and the Axial team brings us to a critical inflection point in gut-brain research, unlocking insights that allow movement beyond correlation to causation," stated Dr. Gevers. "We now have the human-centric data defining the gut-mediated mechanisms that influence behavior. At the same time, we reveal the potential to harness specific bacterial strains to repress the metabolites implicated in a range of neurological applications."
"Axial was founded to help realize the potential of the gut-brain axis as a new framework for the treatment of mental health and neurological conditions. This collaboration with Seed Health complements our existing work in small molecule therapies and expands the application of our research and opportunity for impact," said Stewart Campbell, CEO of Axial Therapeutics. "Our deep expertise in this field, combined with Seed's impressive work in microbiome and product innovation, solidifies a powerful force in gut-brain development."
"The gut-brain connection and the resulting commercialization is an area where evangelism has largely outpaced the data. The emergence of 'psychobiotics,' for example, while often not evidence-based, is evidence of the growing willingness and hope for new interventions," explained Ara Katz, Co-founder and Co-CEO of Seed Health. "Existing treatments do not consider nor target the underlying role of the gut microbiome. This disruptive approach unlocks a promising future for the millions who experience and suffer from a range of mental health conditions and disorders."
About Seed Health | Seed
Seed Health is a microbiome science company pioneering innovations in probiotics and living medicines to impact human and planetary health. Founded to realize the potential of microbes, our platform enables the translation of breakthrough science across a portfolio encompassing both indication-specific and preventive applications for gastrointestinal and digestive health, women's health, skin and oral care, pediatrics, mental health, metabolic function and nutrition. Our consumer innovations are commercialized under Seed® with a mission to bring much-needed precision, efficacy, education, and perspective-shifting science communication to the global category of probiotics. Environmental research is conducted under SeedLabs, which was founded to develop novel bacterial interventions to enhance biodiversity and restore ecosystems impacted by human activity.
LUCA Biologics, co-founded with Dr. Jacques Ravel, develops living medicines targeting the vaginal microbiome for urogenital and reproductive health.
seedhealth.com • seed.com • luca.bio
About Axial Therapeutics
Axial Therapeutics is a clinical-stage biopharmaceutical company focused on the discovery and development of gut-restricted, small molecule therapeutics for central nervous system (CNS) disorders. The company is leveraging its expertise in the gut-brain axis and its unique drug development platform to advance novel therapies that have the potential to transform the treatment paradigm in neurodegenerative diseases.
About Dr. Sarkis Mazmanian
Dr. Sarkis K. Mazmanian is leading research into how the gut microbiome impacts and communicates with the immune and nervous systems. His work is specifically focused on how the two-way internal communication highway known as the "gut-brain axis" influences complex diseases of the brain, such as Parkinson's, autism and Alzheimer's diseases. Sarkis has received numerous awards including the MacArthur Foundation "Genius" award and Discover Magazine's "Best Brains in Science." Currently the Luis & Nelly Soux Professor of Microbiology in the Division of Biology and Biological Engineering at the California Institute of Technology (Caltech), Sarkis is also a member of Seed Health's Scientific Board, founder of three biotech companies, and the proud mentor of countless students and postdoctoral fellows who have gone on to successful independent careers in medicine, industry, and academia.
About Climate Change
It's real.
Contacts for Seed Health
Media:
seed@consortpartners.com
Contacts for Axial Therapeutics
Media:
Mike Beyer
312-961-2502
mikeb@theharbingergroup.com
Investors:
Jeffrey Young, CFO
781-701-8467
jeffrey@axialtx.com
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SOURCE Seed Health and Axial Therapeutics | https://www.kbtx.com/prnewswire/2022/07/13/seed-health-launches-gut-brain-development-program-with-axial-therapeutics-translate-caltech-research-into-probiotic-innovations-neuropsychiatric-health/ | 2022-07-13T11:08:25Z | https://www.kbtx.com/prnewswire/2022/07/13/seed-health-launches-gut-brain-development-program-with-axial-therapeutics-translate-caltech-research-into-probiotic-innovations-neuropsychiatric-health/ | false |
Three arrested in probe into S.Africa tavern tragedy
A memorial service for the 21 dead, using empty coffins as symbols of the loss, was held on July 6
Police in South Africa said on Wednesday they had arrested three people following the mysterious deaths last month of 21 young people in a township tavern.
The bar's 52-year-old owner and two employees aged 33 and 34 were taken into custody in recent days for allegedly breaching alcohol sale regulations, police said in a statement without naming the arrested.
The owner will appear in court on August 19 on charges related to selling or supplying alcohol to minors, while the two employees have each been handed a 2,000-rand ($118) fine.
The youths, most of them teenagers, died on June 26 at the Enyobeni tavern in Scenery Park, a township in the coastal city of East London, but the cause of their death remains unclear.
Survivors have described a battle to escape the jam-packed venue, with one reporting a suffocating smell.
The police have yet to wrap up their investigation, and although officials have ruled out a stampede, autopsy results have not yet been made public.
"Just as we said in the beginning, investigation is a process and needs to be treated with extreme care and wisdom so that we can achieve the desired outcomes," Eastern Cape provincial commissioner Nomthetheleli Mene said in a statement.
At a memorial service last week, President Cyril Ramaphosa blamed the deaths on the "scourge of underage drinking" and vowed to crack down on "unscrupulous" bar keepers who flouted regulations. | https://www.dailymail.co.uk/wires/afp/article-11009207/Three-arrested-probe-S-Africa-tavern-tragedy.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-07-13T11:08:35Z | https://www.dailymail.co.uk/wires/afp/article-11009207/Three-arrested-probe-S-Africa-tavern-tragedy.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true |
NEW YORK, July 13, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of CareDx, Inc..
Shareholders who purchased shares of CDNA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of all persons or entities who purchased CareDx common stock between February 24, 2021, and May 5, 2022.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) defendants had engaged in a variety of improper and illegal schemes to inflate testing services revenue and demand, including pushing a surveillance protocol through inaccurate marketing materials, offering extravagant inducements or kickbacks to physicians and other providers, and improperly bundling expensive testing services with other blood tests as part of the Company's RemoTraC service for remote, home-based, blood-drawing; (2) these practices, and others, subjected CareDx to an undisclosed risk of regulatory scrutiny; (3) these practices rendered the Company's testing services revenue reported throughout the class period artificially inflated; and (4) as a result, defendants' positive statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times.
DEADLINE: July 22, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/caredx-inc-loss-submission-form/?id=29731&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of CDNA during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 22, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm | https://www.kbtx.com/prnewswire/2022/07/13/shareholder-alert-gross-law-firm-notifies-shareholders-caredx-inc-class-action-lawsuit-lead-plaintiff-deadline-july-22-2022-nasdaq-cdna/ | 2022-07-13T11:08:46Z | https://www.kbtx.com/prnewswire/2022/07/13/shareholder-alert-gross-law-firm-notifies-shareholders-caredx-inc-class-action-lawsuit-lead-plaintiff-deadline-july-22-2022-nasdaq-cdna/ | false |
WASHINGTON (AP) — The U.S. Senate on Tuesday confirmed Steve Dettelbach, a former federal prosecutor, to run the federal Bureau of Alcohol, Tobacco, Firearms and Explosives, making him the agency’s first confirmed director since 2015.
Dettelbach takes the reins of the agency as the Biden administration and the Justice Department are fighting to combat a surge in violent crime, gun violence and mass shootings that has touched both big cities and small rural communities across the nation.
Dettelbach was confirmed by the Senate in a 48-46 vote. He’s racked up endorsements from law enforcement officials, former Justice Department officials who worked for both Republican and Democratic administrations and victims of violence. Two Republican lawmakers, Sens. Susan Collins of Maine and Rob Portman of Ohio, voted to confirm Dettelbach.
President Joe Biden hailed Dettelbach’s confirmation and said Dettelbach “will play a leading role in ensuring robust implementation” of the widest ranging gun violence bill Congress has passed in decades and other action to drive down violent crime.
“We have so much more to do,” Biden said in a statement. “I will continue to call on Congress to build on this momentum and ban assault weapons, expand background checks, and pass safe storage laws.”
Biden called Dettelbach an ”extraordinarily qualified and decorated career prosecutor with strong support across the law enforcement community.”
Dettelbach is a former federal prosecutor who served as U.S. attorney in Ohio from 2009 to 2016 and has run in the past for attorney general of Ohio. He worked in several other positions in the Justice Department and was involved in the prosecution of a man who firebombed an Ohio courthouse. He also served as the chairman of the civil rights subcommittee as part of the attorney general’s advisory committee under former attorneys general Eric Holder and Loretta Lynch.
Biden had to withdraw the nomination of his first ATF nominee, gun control advocate David Chipman, after it stalled for months because of opposition from Republicans and some Democrats in the Senate.
Both Republican and Democratic administrations had long failed to get nominees for the ATF position through the politically fraught process since the director’s position was made confirmable in 2006. Since then, only one nominee, former U.S. Attorney B. Todd Jones, has been confirmed. Jones made it through the Senate in 2013 but only after a six-month struggle. Jones was acting director when President Barack Obama nominated him in January 2013 and left the role in 2015.
Earlier this year, the Biden administration removed the agency’s acting director, Marvin Richardson, from his position and replaced him with the U.S. attorney in Arizona, Gary Restaino. Restaino has juggled both jobs as Dettelbach’s nomination waded its way through the Senate. Richardson has been the agency’s deputy director.
Dettelbach’s confirmation was immediately hailed by advocates who highlighted his experience as a prosecutor and his work with law enforcement.
“Steve Dettelbach’s bipartisan confirmation vote is a watershed victory for the gun safety movement and further proof that the Senate logjam around this life-or-death issue is finally breaking,” said John Feinblatt, president of Everytown for Gun Safety.
His nomination had been staunchly opposed by gun rights groups, including Gun Owners of America, which wrote a letter Tuesday to Senate leaders urging them to vote against him. | https://pix11.com/ap-political/dettelbach-becomes-head-of-atf-1st-confirmed-chief-in-years/ | 2022-07-13T11:09:23Z | https://pix11.com/ap-political/dettelbach-becomes-head-of-atf-1st-confirmed-chief-in-years/ | false |
NEW YORK, July 13, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Inotiv, Inc..
Shareholders who purchased shares of NOTV during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: September 21, 2021 to June 13, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Inotiv's acquisition, Envigo RMS, LL ("Envigo"), and Inotiv's Cumberland, Virginia facility (the "Cumberland Facility") engaged in widespread and flagrant violations of the Animal Welfare Act ("AWA"); (2) Envigo and Inotiv's Cumberland Facility continuously violated the AWA; (3) Envigo and Inotiv did not properly remedy issues with regards to animal welfare at the Cumberland Facility; (4) as a result, Inotiv was likely to face increased scrutiny and governmental action; (5) Inotiv would imminently shut down two facilities, including the Cumberland Facility; (6) Inotiv did not engage in proper due diligence; and (7) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
DEADLINE: August 22, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/inotiv-loss-submission-form/?id=29744&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of NOTV during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 22, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm | https://www.weau.com/prnewswire/2022/07/13/shareholder-alert-gross-law-firm-notifies-shareholders-inotiv-inc-class-action-lawsuit-lead-plaintiff-deadline-august-22-2022-nasdaq-notv/ | 2022-07-13T11:11:26Z | https://www.weau.com/prnewswire/2022/07/13/shareholder-alert-gross-law-firm-notifies-shareholders-inotiv-inc-class-action-lawsuit-lead-plaintiff-deadline-august-22-2022-nasdaq-notv/ | false |
(NewsNation) — Being “hangry” isn’t just in your head: A new report suggests there is a connection between people’s levels of irritability and their hunger.
“The colloquial term “hangry” refers to the notion that people become angry when hungry, but very little research has directly determined the extent to which the relationship between hunger and negative emotions is robust,” the study’s authors said. But after studying 64 participants from Central Europe, who reported their hunger, anger, irritability, pleasure and arousal levels five times a day, researchers found that greater levels of self-reported hunger were associated with greater feelings of anger and irritability, and with lower pleasure.
Even after accounting for people’s gender, age, body mass index and dietary behaviors, these findings remained significant, researchers said.
In other words, as the study said, “being hangry is real.”
The word was even added to the Oxford English Dictionary in January 2018. Katherine Connor Martin, then the head of U.S. dictionaries at Oxford, wrote in a blog post that “hangry” is a blend of hungry and angry, used to mean “bad-tempered or irritable as a result of hunger.” It’s really only been in the 21st century that the word hangry has been used colloquially, Martin, now the head of product for Oxford Languages, said.
“However, the earliest known evidence for the word dates from 1956, in an unusual article in the psychoanalytic journal American Imago that describes various kinds of deliberate and accidental wordplay,” she said.
One of the researchers in the recent report, Viren Swami, a social psychology professor at Anglia Ruskin University in the U.K., told USA Today that theirs is one of the first studies to examine the relationship between hunger and anger.
“While we acknowledge that hunger is complex, involving physiological, interoceptive, and environmental inputs, self-reported or subjective ratings are reliable and valid indicators of the experience of hunger,” the study’s authors said.
Before the study, which was published in the journal Plos One on Wednesday, it had been assumed that hunger evokes negative emotions, but that evidence had been “somewhat equivocal.”
Other studies have, however, shown that in non-human species, food deprivation increases people’s motivation to engage in escalated and persistent aggression to get something to eat.
“We show, for the first time in a non-laboratory, real-world setting, that feeling hungry is associated with greater anger, irritability and lower levels of pleasure,” Swami said in USA Today.
The study doesn’t include ways to mitigate against negative hunger-induced emotions, but authors noted that existing research suggests that being able to label an emotion can help individuals regulate them. | https://www.wivb.com/news/national/being-hangry-is-real-study-links-hunger-and-irritability/ | 2022-07-13T11:11:54Z | https://www.wivb.com/news/national/being-hangry-is-real-study-links-hunger-and-irritability/ | false |
'Voting, democracy are big mistakes': Shivpuri ADM UP Shukla heard questioning poll system ahead of local body elections
Voting for the second phase of elections was underway on Wednesday amid tight security in five Municipal Corporations, 40 Municipal councils and 169 Nagar Parishads.
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"What have we achieved by casting vote till today? We've made a corrupt system. I think voting and democracy are big mistakes," the official can be heard saying in videos that have since gone viral.
While the incident is believed to have happened on Monday while the people in the video were at the ADM's office, it could not be verified independently.
Voting for the second phase of elections was underway on Wednesday amid tight security in five Municipal Corporations, 40 Municipal councils and 169 Nagar Parishads. As per the State Election Commission (SEC), close to 7,000 polling centers have been set up for voting in 43 districts of the state. Out of which 1,627 polling centers have been identified as sensitive. Five Municipal Corporations where voting is being held for mayoral and cooperators' posts are -- Katni, Rewa, Dewas, Ratlam and Morena. Voting that began at 7 a.m. will conclude at 5 p.m.
Notably, after the first phase of municipal elections that covered Indore and Bhopal, the ruling BJP had blamed the election commission for not distributing voter's slip due to which voting percentage was recorded low, especially in Bhopal. This time around, efforts have been made to provide voters slip to the eligible voters by the EC.
About 17,000 police personnel have been deployed to ensure free and fair elections. Besides these, 34,000 duty officers and personnel have also been deployed.
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End of Article | https://www.timesnownews.com/india/voting-democracy-are-big-mistakes-shivpuri-adm-up-shukla-heard-questioning-poll-system-ahead-of-local-body-elections-article-92845950 | 2022-07-13T11:14:07Z | https://www.timesnownews.com/india/voting-democracy-are-big-mistakes-shivpuri-adm-up-shukla-heard-questioning-poll-system-ahead-of-local-body-elections-article-92845950 | false |
LAS VEGAS (AP) — The NBA has completed the process of changing the transition take foul rule, ending years of discussion about what to do with the long-maligned tactic.
And, also as expected, the play-in tournament is going to be around for the foreseeable future.
The league’s board of governors finalized those two matters Tuesday, approving a plan to award one free throw when teams are disadvantaged by the take foul — as well as removing the “experimental” designation from the play-in element to the postseason.
“Generally, it was upbeat coming out of our meeting,” NBA Commissioner Adam Silver said. “People are thrilled that as we head into next season, it looks like we’ll be on our normal track in terms of when the season starts, in terms of our protocols around the game, particularly around the health and safety of our players.”
It wasn’t a surprise that the league changed the penalty on take fouls; Silver told The Associated Press in early June that it would change, though cautioned that the new rule might still be tweaked in future years.
The take foul — in which the defender does not make a play on the ball — is what the league classifies as one that occurs either “during a transition scoring opportunity or immediately following a change of possession and before the offensive team had the opportunity to advance the ball.” The exception is in the final 2 minutes of the fourth quarter or overtime.
The new penalty for such a foul is one free throw, which may be attempted by any player on the offended team in the game at the time the foul was committed, and continued possession.
Silver addressed a number of other topics, including:
REVENUE
The NBA is coming off a massive financial year, with revenue topping $10 billion for the first time and basketball-related income reaching $8.9 billion, another record.
Silver said the numbers are particularly strong considering the league is still dealing with a pandemic, and it wasn’t that long ago when some questioned whether sports could survive the virus — at least in the sense of whether people would want to gather again.
“The numbers did surprise me to a certain degree because it exceeded projections, and the projections represent where we think our business is going,” Silver said. “I think it’s quite remarkable from where we came 2 1/2 years ago.”
KEVIN DURANT
Kevin Durant is under contract for four more years with the Brooklyn Nets, and his trade request has been one of the biggest stories of the offseason.
It hasn’t been one that Silver has particularly enjoyed.
“This needs to be a two-way street,” Silver said. “Teams provide enormous security and guarantees to players, and the expectation in return is that they’ll meet their end of the bargain. There’s always conversations that go on behind closed doors between players and representatives and teams, but we don’t like to see players requesting trades and we don’t like to see it playing out the way it is.”
PLAY-IN TOURNAMENT
The play-in tournament has generally been considered a success, so it was no surprise that the league is keeping it around.
The play-in tournament — in its current form — has been used in each of the last two seasons, where the teams that finish seventh, eighth, ninth and 10th in the East and West meet to determine the final two playoff spots in each conference.
The No. 7 team plays the No. 8 team, with the winner clinching the No. 7 seed in the playoffs. The No. 9 team plays the No. 10 team, with the loser eliminated and the winner moving on to face the team that lost the 7-8 game. The winner of that matchup is the No. 8 seed.
It’s been a hit, primarily because it tends to give a March Madness feel — four elimination games before the playoffs even begin — and gives more teams incentive to not tank for better odds in the draft lottery.
There was a play-in element in 2020 as well in the restart bubble at Walt Disney World, when Portland beat Memphis for the No. 8 seed in the Western Conference. Memphis could have gotten the No. 8 seed that year by beating Portland twice; the Blazers had to win only one game to claim the spot.
LOAD MANAGEMENT
Load management — the fancy term given now when a player gets to sit out a game to rest — has been a challenge for the league and its teams in recent years. Silver said it will continue to be discussed with the players’ association as the sides get more into negotiations for the next collective bargaining agreement.
The league has taken steps, driven by sleep science and other data, to try and make the schedule more player-friendly in recent years. The stretches of four games in five nights have been eliminated, instances of back-to-back games have dropped, and the league has even tinkered with keeping teams in the same road city for consecutive games in an effort to limit travel over the course of a season.
That said, sometimes, a player still sits. Silver suggested it might be time to consider adding money as an incentive for playing more often.
“I’m all in favor of guaranteed contracts,” Silver said. “But maybe that on top of your typical guaranteed contracts, some incremental money should be based on number of games played and results of those games. I mean, it’s that’s how most industries work, where there’s financial incentives — even among highly paid executives for performance.”
ABA PAYMENTS
The NBA and the NBPA announced a new program — jointly funded — to provide payments to approximately 115 ABA players who played at least three seasons but didn’t qualify for NBA pensions. They’ll get “recognition payments” of $3,828 per year of service.
“Our players have a genuine sense of appreciation for those who paved the way and helped us achieve the success we enjoy today,” NBPA Executive Director Tamika Tremaglio said. “We have always considered the ABA players a part of our brotherhood and we are proud to finally recognize them with this benefit.”
Silver said the league and the players “felt a need to act on behalf of these former ABA players who are aging and, in many cases, facing difficult economic circumstances.”
___
More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports | https://pix11.com/sports/ap-sports/nba-stiffens-take-foul-penalty-will-keep-play-in-tournament/ | 2022-07-13T11:14:43Z | https://pix11.com/sports/ap-sports/nba-stiffens-take-foul-penalty-will-keep-play-in-tournament/ | true |
Opinion | It’s Not Just Khashoggi: The Saudi Issue Biden Can’t Ignore
The Saudi regime is helping fuel global authoritarianism. Here’s how Biden should handle it on his visit.
President Joe Biden is heading this week to Saudi Arabia, looking to reorient a troubled relationship with a country whose de facto leader was, according to US intelligence, behind the murder of Washington Post journalist Jamal Khashoggi. After once calling Mohammed bin Salman a pariah, the president now appears ready to accept a more normal diplomatic relationship with the Saudi government and the crown prince.
There will be a great deal at the table on this visit — issues like energy, regional security and the climate. But global democracy is also at the table, whether it’s on the formal agenda or not. The Saudi government’s murder of Khashoggi in its consulate in Istanbul was the most notorious recent example of what has become standard operating procedure for authoritarians around the world: transnational repression — autocratic governments’ noxious practice of targeting, intimidating and harming critics beyond their own borders.
Freedom House has documented 735 incidents between 2014 and 2021 of physical transnational repression globally, perpetrated by 36 governments. There are countless more that did not make the headlines. And Saudi Arabia is not only a practitioner of these repressive crackdowns — it’s an enabler of other repressive governments as well.
During his visit, it is crucial that President Biden refrain from saying or doing anything that would appear to excuse the crown prince for Khashoggi’s killing. And President Biden should go further by telling Saudi authorities that the United States and its democratic allies will not tolerate transnational repression.
In a recent op-ed defending his visit, President Biden cited numerous steps his administration has taken to counter transnational repression. This visit can either build on that progress, or stall it significantly.
As authorities continue to detain political prisoners, repress the rights of women, and crack down on internal dissent, Saudi Arabia is already one of the worst places in the world for political freedom. And the regime exports its authoritarian control by pursuing those who have the temerity to criticize it anywhere they may live around the world. The Saudi government has targeted people in at least 14 countries with a range of physical and digital tactics, expertly levied to surveil, intimidate and repatriate its critics. Last month, US prosecutors indicted a Saudi man for lying to federal authorities in connection with an online campaign to threaten and harass Saudi activists living in the US and Canada. Bin Salman’s campaign of repression is being coordinated and launched on American soil — a direct incursion on the sovereignty of the United States.
Bin Salman’s government doesn’t only target its own critics. It helps other governments, including those of Turkey, Sudan, Egypt and China, commit transnational repression. It has repeatedly detained and threatened to extradite Uyghurs to China, where they face severe abuses including torture in Chinese Communist Party–run reeducation camps. In supporting fellow autocrats’ extraterritorial violence, the Saudi government continually enforces the idea that dissent of any kind, anywhere, is intolerable.
Over the last two years, the United States has become a leader in working to address this global phenomenon. The Biden administration established a whole-of-government approach that has resulted in criminal indictments for transnational repression committed or planned by the governments of Iran, China and Egypt. The Federal Bureau of Investigation launched a webpage and provided informational resources for targeted communities in the United States, including Uyghurs, Saudis and Rwandans. The Department of Homeland Security has held roundtables with affected individuals. The Department of State has warned diplomats stationed at embassies in Washington, D.C. against harassing and threatening members of their countries’ diasporas. All of these measures are pioneering for protecting people in the United States from attacks by foreign governments.
If President Biden does not maintain this momentum and raise the issue of transnational repression with bin Salman, all this progress could be undermined. For the Saudi journalists, dissidents, and human rights defenders who depend on the administration’s enforcement of international human rights standards, it could dampen trust in US support and send a chilling effect through activist communities. Just weeks after the G7 announced its commitment to strengthening responses to transnational repression, a failure to confront the issue with bin Salman risks weakening the Unites States’ voice on strengthening democracy and combatting global authoritarianism.
To continue the fight against transnational repression beyond this week’s meeting, Biden’s administration could: commit to sanctioning Saudi officials who engage in human rights violations, including transnational repression; vet applicants to diplomatic posts to ensure those who have a track record of harassing diaspora are not accredited; and restrict or condition security assistance and trade deals, should the Saudi government continue its campaign against exiles.
The coming visit offers President Biden an opportunity to directly confront one of the leaders spearheading the rise of global authoritarianism. He should use it to take a stand for democracy.
Michael Abramowitz is president of Freedom House. Gorokhovskaia is a senior research analyst at the organization. | https://www.politico.com/news/magazine/2022/07/13/its-not-just-khashoggi-the-saudi-issue-biden-cant-ignore-00045490 | 2022-07-13T11:14:44Z | https://www.politico.com/news/magazine/2022/07/13/its-not-just-khashoggi-the-saudi-issue-biden-cant-ignore-00045490 | true |
WASHINGTON (AP) — A presidential tweet that some saw as a “call to arms.” An “unhinged” meeting in the White House. Violent extremists planning to storm the Capitol as President Donald Trump pushed lies about election fraud.
At its seventh hearing, the House Jan. 6 panel on Tuesday showed further evidence that Trump was told, repeatedly, that his claims of fraud were false — but that he continued to push them anyway. And at the same time, he turned to the widest possible audience on Twitter, calling his supporters, some of them violent, to Washington on Jan. 6, 2021, to not only protest but “be wild” as Congress certified President Joe Biden’s victory.
‘A CALL TO ACTION … A CALL TO ARMS’
A major focus of the hearing was Trump’s Dec. 19 tweet about a “big protest” at the coming joint session of Congress: “Be there, will be wild!”
Florida Rep. Stephanie Murphy, a Democratic member of the panel, said the tweet “served as a call to action and in some cases as a call to arms.” She said the president “called for backup” as he argued that Vice President Mike Pence and other Republicans didn’t have enough courage to try to block Biden’s certification as he presided over the joint session.
The tweet “electrified and galvanized” Trump’s supporters, said Maryland Rep. Jamie Raskin, another Democratic committee member, especially “the dangerous extremists in the Oath Keepers, the Proud Boys and other far-right racist and white nationalist groups spoiling for a fight.”
The committee showed a montage of videos and social media posts after the tweet as supporters reacted and planned trips to Washington, some of them using violent rhetoric and talking about killing police officers.
AN ‘UNHINGED’ MEETING
The committee spliced together video clips from interviews to describe a chaotic meeting on Dec. 18, in the hours before Trump’s tweet, in almost minute-to-minute fashion.
Former White House aide Cassidy Hutchinson, who testified live before the panel two weeks ago, called the meeting between White House aides and informal advisers pushing the fraud claims “unhinged” in a text that evening to another Trump aide. Other aides described “screaming” and profanity in the meeting as the advisers floated wild theories of election fraud with no evidence to back them up, and as White House lawyers aggressively pushed back.
The video clips included testimony from lawyer Sidney Powell, who had pushed some of the wildest theories, including of breached voting machines and hacked thermostats that she somehow tied to the false claims of fraud.
White House lawyer Eric Herschmann, one of the aides who pushed back, said the theories were “nuts” and “it got to the point where the screaming was completely, completely out there.”
The aides described a chaotic six hours of back and forth, starting with Trump talking to a group of the informal advisers with no White House aides present. Both Pat Cipollone, the White House counsel, and Powell said in interviews that Cipollone rushed in to disrupt the gathering. Powell said sarcastically that she thought Cipollone set a new “ground speed record” getting there.
Cipollone, who sat with the committee for a private interview last week after a subpoena, said he didn’t think the group was giving Trump good advice and said he and the other White House lawyers just kept asking them, “where is the evidence?” But they did not receive any good answers, he said.
Hours later, at 1:42 a.m., Trump sent the tweet urging supporters to come to Washington on Jan. 6.
A RIOTER, AND A FORMER OATH KEEPER
Two witnesses were in the hearing room for testimony — a rioter who has pleaded guilty to entering the Capitol and a former Oath Keeper who described his experiences with the group.
Stephen Ayres, who pleaded guilty last month to a misdemeanor count of disorderly conduct and is scheduled to be sentenced in September, said he was in Washington on Jan. 6 at the behest of Trump, and that he left the Capitol when Trump — after several hours — told them in a tweet to leave. “Basically we were just following what the president said,” Ayres said.
He said his arrest less than a month later “changed my life, not for the better” and it makes him angry that he hung on Trump’s every word, and that some people are still doing that. Asked by Wyoming Rep. Liz Cheney if he still believes the election was stolen, Ayres said, “Not so much now.”
Jason Van Tatenhove, a former ally of Oath Keepers leader Stewart Rhodes who left the group years before the insurrection, said the group is a “violent militia.”
“I think we need to quit mincing words and just talk about truths and what it was going to be was an armed revolution,” he said. “I mean, people died that day … This could have been the spark that started a new civil war.”
Rhodes and other members of the Oath Keepers, along with another far-right group, the Proud Boys, have been charged with seditious conspiracy in the most serious cases the Justice Department has brought so far in the Jan. 6 attack.
INSIDE THE WHITE HOUSE
The committee revealed that Trump planned for days to have his supporters march to the Capitol — and that he would join them.
The panel showed a draft tweet, undated and never sent, that said “Please arrive early, massive crowds expected. March to the Capitol after. Stop the Steal!” And they showed texts and email exchanges between planners and White House aides about a secret plan for the march.
“This stays only between us, we are having a second stage at the Supreme Court” after Trump’s rally, wrote one of the rally’s organizers, Kylie Kremer, to a Trump confidant. “POTUS is going to have us march there/the Capitol.” People will try to “sabotage” it if they found out, she said.
Murphy said the president’s call for the march at his rally was “not a spontaneous call to action, but rather was a deliberate strategy decided upon, in advance, by the president.”
Hutchinson’s testimony last month also focused on Trump’s desire to march with the protesters, and his anger at security officials who would not let him go.
The committee examined Trump’s speech at the rally that morning and some of his ad-libs about Vice President Mike Pence that were not in the original drafts of the speech. In the end, he would mention the vice president eight times, telling the crowd that he hoped Pence would “do the right thing” and try and block Biden’s certification at the joint session of Congress.
IGNORED ADVICE AND STAFF REGRETS
As they have at several hearings, the committee lawmakers showed video testimony from White House aides who said they did not believe there was widespread fraud in the election and had told the president that. Several aides said they were firmly convinced Biden’s victory was a done deal after the states certified the electors on Dec. 14 and after dozens of Trump’s campaign lawsuits failed in court.
Ivanka Trump, the former president’s daughter, said it was her sentiment that the election was over after Dec. 14 and “probably prior as well.” Former White House Press Secretary Kayleigh McEnany said she planned for life after the White House at that point. Eugene Scalia, Trump’s labor secretary, said he told the president in a call that it was time to say that Biden had won.
And there were regrets afterward. In one text exchange revealed by the panel, former Trump campaign aide Brad Parscale wrote to aide Katrina Pierson: “This week I feel guilty for helping him win,” and “If I was Trump and knew my rhetoric killed someone.”
“It wasn’t the rhetoric,” Pierson responded.
“Katrina,” wrote Parscale, who still participates in a weekly strategy call with Trump aides. “Yes it was.”
WITNESS TAMPERING?
At the end of the hearing, Cheney revealed some new information: Trump had tried to call a future witness, and the committee had alerted the Justice Department about the call.
The witness did not take the call, according to Cheney. She did not identify the witness but said it was someone the public has not yet heard from.
The committee has previously said that people in Trump’s orbit have contacted witnesses in ways that could reflect or at least create the appearance of inappropriate influence.
___
Associated Press writers Alanna Durkin Richer, Michael Kunzelman, Jill Colvin, Amanda Seitz and Lisa Mascaro contributed to this report.
___
For full coverage of the Jan. 6 hearings, go to https://www.apnews.com/capitol-siege. | https://www.conchovalleyhomepage.com/news/political-news/ap-politics/jan-6-takeaways-extremists-and-screaming-in-trump-meet/ | 2022-07-13T11:14:59Z | https://www.conchovalleyhomepage.com/news/political-news/ap-politics/jan-6-takeaways-extremists-and-screaming-in-trump-meet/ | false |
China scorches during record heat
A volunteer draws some coolness from ice cubes offered by a community in Shanghai on Sunday, as temperatures in the city hit 40 C for the first time in five years. CHINA DAILY
Record-breaking temperatures have been logged across China, scorching many parts of the country.
From July 6 to 10, meteorological stations in Sichuan, Shaanxi and Gansu provinces experienced record-equaling or record-high temperatures above 35 C, according to the National Meteorological Center.
Authorities in Zhejiang province had released 10 red warnings for heat－the highest warning level in the local four-tier system－for July by Sunday, breaking the record over the same period in previous years.
Wang Min, from Hangzhou, Zhejiang, who conducts nucleic acid tests, said, "Wearing the protective clothing, I feel burned in the high temperature. I am grateful for the ice given by kind residents for us to put under our armpits or behind our backs."
Elsewhere, Shanghai continued to swelter in temperatures of up to 40 C on Tuesday after the city issued its first red heat alert of the summer on Sunday.
Those who have to go outside, even just for a short period of time, said the scorching heat was simply unbearable.
"The moment I stepped outside of the car, I felt myself dripping from head to toe just like an ice cream melting in the sun," said Han Jing, a Shanghai mother who drove her daughter to high school entrance exams at around 1 pm on Tuesday.
The city's education authority has taken into account the challenge brought by the heat wave that has lasted for eight days, ensuring all exam venues are air-conditioned and equipped with ice.
Students still have to line up to get their identification and epidemic information verified for entrance. Even a few minutes of waiting outdoors can be a challenge, Han said.
"It's no exaggeration to say you can literally bake on the pavement," she said.
In Chongqing, temperatures were above 40 C for the last two days, the local meteorological service said.
"The continuous hot weather makes it harder for me to breathe," said Liu Yulin, a railway track maintenance worker from the city whose job requires him to work outdoors.
In summer, the biggest risk for trains is the tracks expanding due to heat, he said, so they need to check and cool down some tracks with water.
"The asphalt on the ground is melted and I feel my shoes sticking to it. After a day's work, I usually drink at least a 5-pound jug of water," the 50-year-old said.
Wang Yawei, an official from the China Meteorological Administration, told a news conference on Friday that the nationwide average temperature in June was 21.3 C, 0.9 C higher than the same period of the previous year, and the highest since 1961.
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Copyright © 2022 People's Daily Online. All Rights Reserved. | http://en.people.cn/n3/2022/0713/c90000-10122667.html | 2022-07-13T11:16:32Z | http://en.people.cn/n3/2022/0713/c90000-10122667.html | false |
ORONDO, Wash. — Logan Schneider thought his day was done on his family's cherry farm last week when it was really just beginning.
"Looking at what happened, I don't know how we both got out," he said.
Logan was riding a tractor in the orchard about 12 miles north of Wenatchee last week when a helicopter hit overhead powerlines and landed on top of him.
"I was pinned against the steering wheel, stuck with the nose of the helicopter sitting right behind me," the recent high school graduate explained.
Logan freed himself from the wreckage only to find the helicopter pilot trapped -- dangling upside down in his harness.
"I heard him screaming," said Logan. "I looked and I saw him upside down hanging. Fire was everywhere. When I was in the moment I really wasn't thinking. I was just doing."
Logan was able to free the pilot. They both sustained minor injuries.
The odds of getting hit by a falling helicopter and walking away with just a slight burn are incredible.
"It's one in a million, I'd say," Logan said.
When asked if he ran out and bought a lottery ticket that day, Logan replied, "I did! I won two bucks! The craziest thing about the whole situation is the pilot and I share the same birthday. I just thought it was so bizarre."
Logan celebrated that birthday by taking it easy last Friday - two days after his harrowing ordeal.
Despite the accident, Logan said he plans to pursue his dream of being a pilot. He will be going to flight school in the fall, after a crash course in close calls.
"I feel like I always have someone watching over me, God watching over me, protecting me. And you never know when it could be your last moment." | https://www.wthr.com/article/news/national/helicopter-falls-tractor-orondo/281-375b50c1-b64d-4cfe-9e3b-844f806468fe | 2022-07-13T11:17:39Z | https://www.wthr.com/article/news/national/helicopter-falls-tractor-orondo/281-375b50c1-b64d-4cfe-9e3b-844f806468fe | true |
Bombay HC asks for fortnightly report from NIA court on Malegaon trial
Mumbai July 13, 2022 16:32 ISTPetitioner says the trial is proceeding at a snail’s pace and relevant witnesses are yet to be examined
The Bombay High Court on Wednesday called for a fortnightly report from the special National Investigation Agency (NIA) court conducting the 2008 Malegaon bomb blast trial.
Malegaon is a city in the Nashik district in Maharashtra, where a bomb exploded on September 28, 2008, killing six and injuring over 100. The accused in the case are Bharatiya Janata Party’s (BJP) MP Pragya Singh Thakur, Lieutenant Colonel Prasad Purohit, Sameer Kulkarni, Ramesh Upadhyay, and Sudhakar Chaturvedi.
A Division Bench of Justices Revati Mohite Dere and V.G. Bisht was hearing a petition filed by Mr. Kulkarni alleging that the trial is proceeding at a snail’s pace and relevant witnesses are yet to be examined.
In the previous hearing, the Bench had asked for a report from the special court, which was submitted on Wednesday in a sealed envelope by NIA counsel Sandesh Patil. The report stated that after the transfer of Special Judge P. R. Sitre, the new NIA judge had been appointed on June 6, the trial is taking place on a daily basis, and 12 witnesses have been examined till now.
Commenting on the additional affidavit filed by the Central agency that mentioned 218 witnesses were yet to be examined, Mr. Kulkarni said, “NIA calls for one witness, and when no one turns up, then there is no back-up. The witnesses’ figures are not proper and true and there is discrepancy in the figures submitted to the lower court and in the High Court. The affidavit is filed by a Superintendent who has never opened the charge-sheet. The figures, even otherwise, are proof of their recklessness. If the witness is not present, and the judge doesn’t penalise, how will it look in the society?”
To which the Bench said, “If witness cannot remain present, doesn’t the court issue a warrant? NIA has to ensure that more than one witness remains present. If one witness is arranged for, and for some reason, that witness cannot remain present in court, then what happens? Judicial time is wasted.”
The Bench added, “We will keep the matter after three weeks. We will call for a fortnightly report to examine how the witnesses are being examined. We will also see from the Roznama to see how witnesses are being examined on a day-to-day basis. We will know who is taking time, why is the trial being adjourned, and if a warrant has been issued against witnesses or not.” | https://www.thehindu.com/news/cities/mumbai/bombay-hc-asks-for-fortnightly-report-from-nia-court-on-malegaon-trial/article65634796.ece/amp/ | 2022-07-13T11:19:05Z | https://www.thehindu.com/news/cities/mumbai/bombay-hc-asks-for-fortnightly-report-from-nia-court-on-malegaon-trial/article65634796.ece/amp/ | true |
Aiming to incubate the community-owned Anime Metaverse, Kawaiiverse recently launched their first ever Hackathon with the mission to find promising talents from all over the world, starting with gaming projects.
ROAD TOWN, England, July 13, 2022 /PRNewswire/ -- Teams of game developers and individuals with passion for games will have a chance to win an initial prize of $5,000 and options to further develop their game with SmartML's support to join Kawaiiverse, the central hub for Anime and Manga creators in blockchain. The gaming ecosystem is just the beginning of this metaverse and opportunities are opening for more interested developers to join.
Kawaiiverse is a joint venture between Imba, a renowned game company with multiple successful games and Oraichain, the world's first intelligent and secure solution for emerging Web3, scalable Dapps, and decentralized AI. Kawaiiverse started with Kawaii Islands, an anime-style farming game in 2021 with the vision to build an Anime Metaverse, where everyone can play, create, connect and earn. After several economy updates, Kawaii Islands is now running on a sustainable economy model, designed to protect their tokens from hyperinflation and solve one of the main problems of P2E games.
Along with the balanced economy, the Anime Metaverse now has its own subnetwork on Oraichain with full EVM and Cosmos support, the team is setting a strong foundation infrastructure for future development.
Determined to expand the gaming ecosystem, one of the core lines of Kawaiiverse, the developer team is now holding the project's first ever hackathon. Calling for all independent game developers and indie game studios around the world to join, develop a prototype for the game of their choice and flourish along with the ever growing ecosystem.
Benefits
Joining the Hackathon, the participating teams will stand a chance to take:
- Private advising on Gaming Development and Blockchain from the Kawaii specialists;
- An initial grant of at least $5,000 to develop the project with potential for future funding;
- Exclusive Kawaiiverse developer tools access with private instructions by developing engineers from Oraichain;
- NFT sale support in Kawaiiverse, with a long-term profit sharing structure;
- Revenue sharing scheme from NFT marketplace and from the game they are developing.
More details can be found from https://hackathon.kawaii.global/.
Teams of independent developers and indie game studios, prepare your idea, set up the prototype and get ready to join Kawaiiverse.
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SOURCE Kawaii Islands | https://www.wistv.com/prnewswire/2022/07/13/kawaiiverse-hackathon-2022-building-kawaiiverse-gaming-ecosystem/ | 2022-07-13T11:19:54Z | https://www.wistv.com/prnewswire/2022/07/13/kawaiiverse-hackathon-2022-building-kawaiiverse-gaming-ecosystem/ | false |
DUBLIN, July 13, 2022 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced it will host a conference call and webcast for investors and analysts on Thursday, August 11, 2022 at 8:30 a.m. Eastern Time to review its second quarter 2022 financial results.
AerCap's second quarter 2022 earnings press release will be released before financial markets open in the United States on August 11, 2022. A copy of the press release will be posted on the "Investors" section of AerCap's website at www.aercap.com. At the same time, the presentation slides for the conference call will also be posted on AerCap's website.
The call can be accessed live by dialing (U.S./Canada) +1 646 828 8073 (International) +353 1 246 5682 and referencing code 3815376 at least 5 minutes before start time, or by visiting AerCap's website at www.aercap.com under "Investors".
The webcast replay will be archived on the "Investors" section of the company's website for one year.
About AerCap
AerCap is the global leader in aviation leasing with one of the most attractive order books in the industry. AerCap serves approximately 300 customers around the world with comprehensive fleet solutions. AerCap is listed on the New York Stock Exchange (AER) and is based in Dublin with offices in Shannon, Miami, Singapore, Memphis, Amsterdam, Shanghai, Abu Dhabi, Seattle, Toulouse and other locations around the world.
Forward-Looking Statements
This press release contains certain statements, estimates and forecasts with respect to future performance and events. These statements, estimates and forecasts are "forward-looking statements". In some cases, forward-looking statements can be identified by the use of forward-looking terminology such as "may," "might," "should," "expect," "plan," "intend," "will," "aim," "estimate," "anticipate," "believe," "predict," "potential" or "continue" or the negatives thereof or variations thereon or similar terminology. All statements other than statements of historical fact included in this press release are forward-looking statements and are based on various underlying assumptions and expectations and are subject to known and unknown risks, uncertainties and assumptions, and may include projections of our future financial performance based on our growth strategies and anticipated trends in our business. These statements are only predictions based on our current expectations and projections about future events. There are important factors, including the impacts of, and associated responses to: the Covid-19 pandemic, our ability to successfully integrate GECAS' operations and employees and realize anticipated synergies and cost savings; and the potential impact of the consummation of the GECAS transaction on relationships, including with employees, suppliers, customers and competitors, that could cause our actual results, level of activity, performance or achievements to differ materially from the results, level of activity, performance or achievements expressed or implied in the forward-looking statements. As a result, we cannot assure you that the forward-looking statements included in this press release will prove to be accurate or correct. In light of these risks, uncertainties and assumptions, the future performance or events described in the forward-looking statements in this press release might not occur. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise.
For more information regarding AerCap and to be added to our email distribution list, please visit www.aercap.com and follow us on Twitter www.twitter.com/aercapnv.
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SOURCE AerCap Holdings N.V. | https://www.wsaz.com/prnewswire/2022/07/13/aercap-holdings-nv-release-second-quarter-2022-financial-results-august-11-2022/ | 2022-07-13T11:20:39Z | https://www.wsaz.com/prnewswire/2022/07/13/aercap-holdings-nv-release-second-quarter-2022-financial-results-august-11-2022/ | true |
COLOMBO, Sri Lanka — Sri Lanka's president fled the country early Wednesday, slipping away only hours before he promised to resign under pressure from protesters angry over a devastating economic crisis. But crowds quickly trained their ire on the prime minster, storming his office and demanding he also go.
President Gotabaya Rajapaksa and his wife left aboard a Sri Lankan Air Force plane bound for the Maldives, the air force said in a statement. That brought little relief to the island nation gripped for months by an economic disaster that has triggered severe shortages of food and fuel — and now is beset by political chaos.
Thousands of protesters demanding that Prime Minister Ranil Wickremesinghe also step down rallied outside his office compound and some scaled the walls, as the crowd roared its support, waving Sri Lankan flags and tossing water bottles to those heading inside. As protesters feared, Rajapaksa appointed his prime minister as acting president in his absence, according to the speaker of the Parliament.
The prime minister, whose whereabouts were unclear, declared a nationwide state of emergency.
"We need both ... to go home," said Supun Eranga, a 28-year-old civil servant in the crowd outside Wickremesinghe's office. "Ranil couldn't deliver what he promised during his two months, so he should quit. All Ranil did was try to protect the Rajapaksas."
Police used tear gas to try to disperse the protesters but failed, and more and more marched down the lane and towards the prime minister's office. As helicopters flew overhead, some demonstrators held up their middle fingers.
Some protesters who appeared to be unconscious were taken to a hospital.
Amid the chaos, state television stopped broadcasting, but it was not clear why.
While Rajapaksa agreed under pressure to resign Wednesday, Wickremesinghe has said he would only leave once a new government was in place.
Protesters have already seized the president's home and office and the official residence of the prime minister following months of demonstrations that have all but dismantled the Rajapaksa family's political dynasty, which ruled Sri Lanka for most of the past two decades.
On Wednesday morning, Sri Lankans continued to stream into the presidential palace. A growing line of people waited to enter the residence, many of whom had traveled from outside the capital of Colombo on public transport.
Protesters have vowed to occupy the official buildings until the top leaders are gone. For days, people have flocked to the presidential palace almost as if it were a tourist attraction — swimming in the pool, marveling at the paintings and lounging on the beds piled high with pillows. At one point, they also burned the prime minister's private home.
At dawn, the protesters took a break from chanting as the Sri Lankan national anthem blared from speakers. A few waved the flag.
Malik D' Silva, a 25-year-old demonstrator occupying the president's office, said Rajapaksa "ruined this country and stole our money." He said he voted for Rajapaksa in 2019 believing his military background would keep the country safe after Islamic State-inspired bomb attacks earlier that year killed more than 260 people.
Nearby, 28-year-old Sithara Sedaraliyanage and her 49-year-old mother wore black banners around their foreheads that read "Gota Go Home," the rallying cry of the demonstrations.
"We expected him to be behind bars — not escape to a tropical island! What kind of justice is that?" Sedaraliyanage said. "This is the first time people in Sri Lanka have risen like this against a president. We want some accountability."
Protesters accuse the president and his relatives of siphoning money from government coffers for years and Rajapaksa's administration of hastening the country's collapse by mismanaging the economy.
The family has denied the corruption allegations, but Rajapaksa acknowledged some of his policies contributed to the meltdown, which has left the island nation laden with debt and unable to pay for imports of basic necessities.
The shortages have sown despair among Sri Lanka's 22 million people and were all the more shocking because before the recent crisis, the economy had been expanding and a comfortable middle class growing.
The political impasse has only added fuel to the economic disaster since the absence of an alternative unity government threatened to delay a hoped-for bailout from the International Monetary Fund. In the meantime, the country is relying on aid from neighboring India and from China.
As the protests escalated Wednesday outside the prime minister's compound, his office imposed a state of emergency that gives broader powers to the military and police and declared an immediate curfew in the western province that includes Colombo.
The air force said in a statement that it provided an aircraft, with the defense ministry approval, for the president and his wife to travel to the Maldives, an archipelago in the Indian Ocean known for exclusive tourist resorts. It said all immigration and customs laws were followed.
The whereabouts of other family members who had served in the government, including several who resigned their posts in recent months, were uncertain.
Sri Lankan presidents are protected from arrest while in power, and it is likely Rajapaksa planned his escape while he still had constitutional immunity. A corruption lawsuit against him in his former role as a defense official was withdrawn when he was elected president in 2019.
Sri Lankan lawmakers agreed to elect a new president next week but have struggled to decide on the makeup of a new government to lift the bankrupt country out of economic and political collapse.
The new president will serve the remainder of Rajapaksa's term, which ends in 2024, and could potentially appoint a new prime minister, who would then have to be approved by Parliament.
"Gotabaya resigning is one problem solved — but there are so many more," said Bhasura Wickremesinghe, a 24-year-old student of maritime electrical engineering, who is not related to the prime minister.
He complained that Sri Lankan politics have been dominated for years by "old politicians" who all need to go. "Politics needs to be treated like a job — you need to have qualifications that get you hired, not because of what your last name is," he said, referring to the Rajapaksa family.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.nepm.org/national-world-news/2022-07-13/protesters-in-sri-lanka-brave-tear-gas-and-storm-prime-ministers-office | 2022-07-13T11:21:47Z | https://www.nepm.org/national-world-news/2022-07-13/protesters-in-sri-lanka-brave-tear-gas-and-storm-prime-ministers-office | false |
KIGALI, Rwanda (AP) — Genocide survivors in Rwanda welcomed the conviction of Laurent Bucyibaruta, the highest-ranking Rwandan to have faced trial in France over the 1994 genocide.
Many in this East African country support President Paul Kagame’s efforts to get France and other countries to arrest and try all genocide suspects still at large in Europe.
Bucyibaruta, 78, was sentenced to 20 years in Tuesday’s decision following his trial on genocide charges. The Paris court convicted him of complicity to commit genocide and crimes against humanity, but acquitted him of charges of war crimes and genocide, saying there was no proof that he was the main perpetrator.
Bucyibaruta, who has lived in France since 1997, was not in custody during the trial but was detained by gendarmes as soon as the verdict was read. He can appeal the ruling within 10 days.
The Bucyibaruta verdict is an important one to survivors of the killings in Rwanda’s Gikongoro province, where he was the governor during the genocide and a known hardliner within the ruling party. Gikongoro, with its substantial Tutsi population, was a genocide hotspot.
Genocide survivors who spoke to The Associated Press Wednesday said the decision showed justice can never come too late.
“Because of his groundwork, many Tutsi were killed,” said Joseph Ntwali, who lived in Gikorongo during the genocide, urging French authorities to try more genocide suspects still living in that country.
He recalled Bucyibaruta as a man with influence who in speeches sowed the seeds of ethnic hatred.
Naphtal Ahishakiye, the executive secretary of a genocide survivors’ group known as Ibuka, commended France's political will in trying genocide perpetrators, saying the verdict has come as a result of improved bilateral ties between Rwanda and France.
“We know very well that no punishment can equal the crime of genocide, but it’s better when perpetrators are tried and punished in the end,” Ahishakiye said.
The mass killing of Rwanda’s Tutsi population was ignited on April 6, 1994, when a plane carrying then-President Juvénal Habyarimana was shot down and crashed in Kigali, the capital, killing the leader who, like most Rwandans, was an ethnic Hutu.
The Tutsi were blamed for downing the plane, and although they denied it, bands of Hutu extremists began killing them, including children, with support from the army, police and militias.
Over 100 days, more than 800,000 Tutsi and the moderate Hutu who tried to protect them were killed.
In the case of Bucyibaruta, he was accused of luring people out of their hiding places in the bush into schools or churches, promising protection. But they were not safe in those places and many were killed.
The presence in France of fugitives such as Bucyibaruta for years was a source of aggravation for Rwandan authorities, who urged European nations to arrest suspects.
But ties between Rwanda and France under President Emmanuel Macron have improved recently as some suspects have been arrested.
Felicien Kabuga, one of the most wanted genocide fugitives, was arrested outside Paris in 2020. Kabuga, who is accused of equipping militias in the genocide with machetes and propaganda, is yet to stand trial. | https://www.seattlepi.com/news/article/Genocide-survivors-welcome-Rwandan-s-conviction-17301676.php | 2022-07-13T11:21:50Z | https://www.seattlepi.com/news/article/Genocide-survivors-welcome-Rwandan-s-conviction-17301676.php | true |
Updated July 13, 2022 at 7:01 AM ET
Ginger Chandler had a hunch. She'd spent years developing products for major gun manufacturers Smith & Wesson and Remington, so gun safety was a big topic at home. But when her stepfather passed away, she worried that her own gun-savvy mom didn't store his gun properly — the type of common mistake that causes scores of accidental deaths in the U.S. each year. When they went to check on the gun, there it sat in an unlocked drawer with the ammo next to it.
"I said, 'Mom, we talk about this all the time. If you didn't know, there are so many people who don't know,'" Chandler recalled.
This anecdote is part of what motivated Chandler to join the startup LodeStar Works as it develops a "smart gun" that features three options so that it can be unlocked only by its registered owner. This type of technology could help prevent accidental firearm deaths, suicides or homicides by unauthorized users. But it's not gun control, and it also would not prevent a mass shooting perpetrated by someone who legally purchased the weapon used.
"In the United States, there are a lot of firearms out there, and people are just unaware that their own firearms aren't safe. Everybody's kind of going, 'Oh, that guy's stuff is not safe but mine's good,'" Chandler said.
The LS9, a 9 mm pistol that Chandler and her team hope to bring to market next year, uses biometrics so that the owner's thumbprint can unlock the weapon, as well as a PIN pad and a Bluetooth connection that works with a mobile app.
It’s the heart of the LodeStar Works Firearm that sets it apart. This ‘Locking Mechanism’ will change the way you carry!
— LodeStar Works (@LodestarWorks) June 20, 2022
Learn more at https://t.co/TKY9j32sll#personalizedcarry #edc pic.twitter.com/naf4j2nHjm
Gun violence is one of the most confounding and intractable problems in the United States. Every day, over 100 people die from gunshots — part of the more than 300 individuals who are shot each day, according to the Brady Campaign to Prevent Gun Violence. But the right to own guns is enshrined in the U.S. Constitution, and the issue has torn at America's social fabric.
While not explicitly opposed to smart guns, the National Rifle Association has raised concerns that if these firearms become commercially viable, the technology could become mandatory for all guns sold in the United States. In fact, President Biden's own campaign platform called for all firearms sold nationwide to be smart guns. And a recent NPR/Ipsos survey found that most American gun owners support moderate gun control measures such as background checks or increased age requirements.
But the last time a smart gun was available in the U.S., it failed miserably. In 2014, hackers broke into the radio-frequency identification (RFID) of German manufacturer Armatix's product, and magnets could also disable the locking mechanism.
Chandler is determined to get it right this time. At the next level of testing, when the prototypes will be tooled up, LodeStar Works plans to enroll the help of hackers to identify any potential weaknesses and resolve them. Additionally, the profile of the typical gun buyer has changed significantly, which could help improve the viability of a product like the LS9 on the market. Last year, in the midst of the COVID-19 pandemic, about half of new gun owners were women, and nearly half were people of color.
"They want to own their own destiny. But they also have small children at home. ... Maybe they're working remotely with their older children," Chandler explained. "They don't want to just have firearms out, but they also want to be in control."
LodeStar Works uses #bluetooth tech to connect to its personalized firearm. #BelieveItOrNot it’s happening #righthererightnow pic.twitter.com/xhU6o5NIRa
— LodeStar Works (@LodestarWorks) April 20, 2022
Margot Hirsch has provided support to innovators like Chandler through her Smart Tech Challenges Foundation for the better part of a decade. In 2014, the foundation provided a total of $1 million in grants to 15 gun safety innovators.
"Breaking ground in a very traditional industry continues to be hard," Hirsch said. "The firearm industry is not one to innovate. My sense is they'll only do it when they're forced to do it. And so it takes really brave innovators to forge a path in this area."
Firearm-related injuries are now the leading cause of death among children and adolescents from age 1 to 19, according to expert analysis of data from the Centers for Disease Control and Prevention. And that's where Hirsch says smart guns could play an important role in reducing deaths.
"Mass shootings, as horrific as they are — and they obviously dominate the news — they account for less than 2% of the injuries and deaths due to guns," she said. "Although a smart gun might not prevent a mass shooting, they could definitely be used to address youth suicides."
At the same time, it's unlikely that traditional guns would get traded in for smart guns, which aren't even sold yet.
"We do believe that gun owners, when they go to buy new guns, will consider these guns for multiple reasons, and one is for personal protection," Hirsch explained. "This could be the gun that is readily available, let's say, on the bedside table, in the kitchen, wherever, where it's secured and locked and their children can't access it. But they know that if someone broke in their house or tried to take their weapon from them, it could not be used in that type of scenario."
Anti-gun violence activists note that introducing smart guns is also adding to the number of weapons available, but Hirsch stresses that firearms are going to remain available "for the foreseeable future."
"So, if people are going to continue to buy guns, we believe it is imperative that there is a smart gun option on the market. I do think it's imminent," she said.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wvpublic.org/2022-07-12/smart-gun-innovators-seek-to-reduce-firearm-deaths | 2022-07-13T11:21:54Z | https://www.wvpublic.org/2022-07-12/smart-gun-innovators-seek-to-reduce-firearm-deaths | true |
WFO DALLAS / FT. WORTH Warnings, Watches and Advisories for Wednesday, July 13, 2022
_____
HEAT ADVISORY
URGENT - WEATHER MESSAGE
National Weather Service Fort Worth TX
453 AM CDT Wed Jul 13 2022
...HEAT ADVISORY REMAINS IN EFFECT UNTIL 9 PM CDT THIS EVENING...
* WHAT...Heat index values up to 109.
* WHERE...Portions of North and Central Texas.
* WHEN...Until 9 PM CDT this evening.
* IMPACTS...Hot and humid conditions will increase the risk for
heat-related illnesses to occur, particularly for those working
or participating in outdoor activities.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
Drink plenty of fluids, stay in an air-conditioned room, stay out
of the sun, and check up on relatives and neighbors. Young
children and pets should never be left unattended in vehicles
under any circumstances.
Take extra precautions if you work or spend time outside. When
possible reschedule strenuous activities to early morning or
evening. Know the signs and symptoms of heat exhaustion and heat
stroke. Wear lightweight and loose fitting clothing when
possible. To reduce risk during outdoor work, the Occupational
Safety and Health Administration recommends scheduling frequent
rest breaks in shaded or air conditioned environments. Anyone
overcome by heat should be moved to a cool and shaded location.
Heat stroke is an emergency! Call 9 1 1.
_____
Copyright 2022 AccuWeather | https://www.seattlepi.com/weather/article/TX-WFO-DALLAS-FT-WORTH-Warnings-Watches-and-17301719.php | 2022-07-13T11:23:26Z | https://www.seattlepi.com/weather/article/TX-WFO-DALLAS-FT-WORTH-Warnings-Watches-and-17301719.php | false |
Leading cashless payment provider offers self-checkout solutions set to enable operators to increase their sales with a new revenue stream
HERZLIYA, Israel, July 13, 2022 /PRNewswire/ -- Nayax Ltd. (TASE: NYAX), a global commerce enablement and payments platform designed to help merchants scale their business, today announced the availability of the Nova Market self-checkout kiosk in its U.S. ecommerce shop (https://shop.nayax.com/usa_en/nova-market.html). This latest addition to Nayax's offering is a modular and affordable self-checkout point of sale (POS). The kiosk offers an easily scalable solution, meets all merchant requirements, and seamlessly integrates with Nayax's best-in-class retail POS device, including robust cloud-based management service.
Micro markets are on track to make the quickest recovery of all convenience services because they offer a practical and improved experience both for vendors and consumers. Since the outbreak of the coronavirus pandemic, consumer behavior has changed with consumers demanding a more personalized and seamless experience. Nova Market's intuitive interface, cashless payment acceptance, and consumer loyalty offering gives consumers just this.
Bernard Streeter of S and S Vending, a current Nova Market user, opened his micro market business as an alternative to his vending business following a request from his customer in Fort City, Kansas. Streeter comments, "Currently, we've been maintaining about 65-70% sales increase per week. For us, compared to the standard vending system that we've been using, the ease of use and traceability is just so hands down better. We're excited to see that we can save money and at the same time increase our sales."
"With the growth of micro markets across the U.S., the use of Nayax's Nova Market is an easy entry for Nayax customers looking to expand their business and increase their revenue," said Carly Furman, CEO, Nayax LLC. "At Nayax, we're continually thinking of how we can best serve retail operators in the long-term and are excited for this new offering to continue to help us accomplish this mission."
The small, easy to install kiosk allows for a quick set-up and offers a fast and cost-effective way to start a micro market business. Additionally, the solution allows existing Nayax operators to:
- Utilize the same solution to offer fresh, warm, cold, and premium products
- Offer higher priced products
- Serve more customers
- Avoid operating hour restrictions (24/7)
- Reduce labor costs
- Earn higher revenue
For more information about Nayax and its product offerings, please visit https://www.nayax.com/.
About Nayax
Nayax is a global commerce enablement and payment platform designed to help merchants scale their business. Nayax offers a complete solution including localized cashless payment acceptance, a management suite, and consumer engagement tools, enabling merchants to conduct commerce anytime, anywhere. With global experience in serving the unattended retail industry, Nayax has transformed into a comprehensive solution focused on our customers' growth across multiple channels. Today, Nayax has 8 global offices, over 600 employees, connections to more than 80 merchant acquirers, payment method integrations and is a recognized payment facilitator worldwide. Nayax's mission is to improve our customers' revenue potential and operational efficiency. www.nayax.com
Forward-looking statements
The information included in this press release contains, or may be deemed to contain, forward-looking statements (as defined in the U.S. Private Securities Litigation Reform Act of 1995 and the Israeli Securities Law, 1968). Said forward-looking statements, relating to the initial public offering, are subject to uncertainties and assumptions and the actual results may materially differ. All forward-looking statements in this press release are based on information available to Nayax on the date hereof. All written or oral forward-looking statements attributable to Nayax are expressly qualified in their entirety by the factors referred to above. Nayax does not intend to update these forward-looking statements.
Nayax Public Relations Contact:
Courtney Tolbert
5W PR
ctolbert@5wpr.com
Nayax Investor Relations Contact:
ICR
ir@nayax.com
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SOURCE Nayax | https://www.wsaz.com/prnewswire/2022/07/13/nova-market-self-checkout-kiosk-now-available-purchase-nayaxs-ecommerce-shop-us-markets/ | 2022-07-13T11:24:46Z | https://www.wsaz.com/prnewswire/2022/07/13/nova-market-self-checkout-kiosk-now-available-purchase-nayaxs-ecommerce-shop-us-markets/ | false |
Leading window treatment franchise to provide premium window treatments, consultation services to area residents
ATLANTA, July 13, 2022 /PRNewswire/ -- Gotcha Covered, a leader in custom window treatment consultation in the U.S. and Canada, has expanded its presence in Georgia with the opening of Gotcha Covered of Brookhaven-Dunwoody.
The new center is owned and operated by Michael Cameron. With an emphasis on end-to-end consultations, this business will provide the best in soft and hard window treatments to homeowners in Brookhaven, Dunwoody and Atlanta while offering a variety of blinds, draperies, smart solutions and much more.
"Atlanta is a city that is bustling with business opportunities," said Paul Linenberg, president of Gotcha Covered. "Opening another center in the city was inevitable. We want to ensure we are meeting the needs of Atlanta residents and those in the surrounding areas. Gotcha Covered of Brookhaven-Dunwoody enables us to expand our reach and provide window treatments to even more homeowners.
"We were proud to have Michael Cameron running this new center, and we are confident he will provide residents with premium window treatments and an experience that is second to none."
A graduate of Auburn University, Cameron brings various work experience to the Gotcha Covered brand. His first job was as a private investigator, but he has since built a career in sales and marketing. He spent many years in radio advertising for companies like CBS Radio and Cox Media Group.
Once he became interested in running his own business, Cameron was connected with Gotcha Covered with the help of a career coach. He said the family-like atmosphere played a crucial role in his decision to purchase the franchise.
"Everyone on the corporate team is super supportive," said Cameron. "With me just entering the window treatment business, their support helped me feel comfortable from the start. I know that I have a great group of executives and other franchisees who will help me along the way when I need it."
With aspirations of adding a sales team in the future, Cameron wants to push himself and build a center that will offer the best window treatments while providing customers with an excellent experience.
Adding 27 new franchise locations in 2021, Gotcha Covered currently has over 130 total franchises across the U.S. and Canada. The franchise has been operating under the Gotcha Covered name since 2009.
For more information or to find your local Gotcha Covered consultant, visit https://www.gotchacovered.com.
About Gotcha Covered
Gotcha Covered is a leader in custom soft and hard window treatment consultation in the U.S. and Canada. Flying under their Gotcha Covered flag since 2009, they offer custom window treatments including blinds, draperies, shutters and much more. They offer end-to-end consultation with the customer's specific needs and goals in mind. The company currently has over 130 total franchises across the U.S. and Canada.
Media Contact:
Heather Ripley
Ripley PR
865-977-1973
hripley@ripleypr.com
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SOURCE Gotcha Covered | https://www.kold.com/prnewswire/2022/07/13/gotcha-covered-opens-new-location-atlanta/ | 2022-07-13T11:27:35Z | https://www.kold.com/prnewswire/2022/07/13/gotcha-covered-opens-new-location-atlanta/ | true |
YouTube restores 'Lo-Fi' girl music streaming channel Published July 13, 2022 at 4:57 AM MDT Facebook Twitter Email Listen • 0:27 To the relief of millions of YouTubers and people who need a study time playlist - a well-known music channel is back online. Copyright 2022 NPR | https://www.kunm.org/2022-07-13/youtube-restores-lo-fi-girl-music-streaming-channel | 2022-07-13T11:29:01Z | https://www.kunm.org/2022-07-13/youtube-restores-lo-fi-girl-music-streaming-channel | false |
HOUSTON, July 13, 2022 /PRNewswire/ -- Nutex Health Inc. ("Nutex Health" or the "Company") (NASDAQ: NUTX), a physician-led, technology-enabled integrated healthcare delivery system comprised of 21 micro hospitals in 8 states and primary care-centric, risk-bearing physician networks, today provides an update on the Company's growth strategy.
- Two new micro hospitals opened earlier this year and are already generating free cash flow.
- Three more micro hospitals are anticipated to open in 2022. Two in November and one in December.
- 17 more facilities are either under construction or in advanced planning stages and anticipated to open in 2023 and 2024.
- Nutex currently has facilities in 8 states, and with these upcoming facilities will be entering 4 new states, including Florida, Wisconsin, Ohio, and Idaho, bringing the total to 12 states.
- Nutex is actively exploring building additional micro hospitals in existing and new states.
There can be no assurance that these new facilities will open in the anticipated timing or that they will open at all.
- Nutex has formed two new Independent Physician Associations (IPAs) in Houston and Miami. Our IPAs are in the process of contracting with Primary Care Physicians and Specialists, as well as contracting with managed care organizations. Once this process is completed, our IPAs will then begin enrolling patients.
- Nutex anticipates forming at least one more IPA in 2022 in Phoenix, Arizona, where it already operates two micro hospitals.
- Nutex anticipates launching 2-3 IPAs per year around its existing micro hospitals.
There can be no assurance that these IPAs will become operational in the anticipated timing or that they will become operational at all.
Our growth depends in part on our ability to identify and develop successful new geographies, physician partners, payors and patients. If we are not able to successfully execute upon our growth strategies, there may be a material adverse effect on our business, financial condition, cash flows and results of operations.
"We believe we are still in the early stages of our growth journey," stated Tom Vo, M.D., MBA, Chairman and Chief Executive Officer of Nutex Health. "With our competitive advantages in the marketplace and focused strategy, we believe we are well positioned for strong growth in the decade ahead and also well positioned to drive superior value creation for our shareholders."
"We believe our technology-enabled integrated care model of micro hospitals with risk-bearing physician networks wrapped around them is truly unique," stated Warren Hosseinion, M.D., President of Nutex Health. "We are well positioned to deliver high-quality care in a cost- and operationally efficient manner."
Headquartered in Houston, Texas and founded in 2011, Nutex Health Inc. is a physician-led, technology-enabled healthcare services company with approximately 1500 employees nationwide and is partnered with over 800 physicians. The Company has two divisions: a Hospital division and a Population Health Management division. The Hospital division currently owns and operates 21 facilities in eight different states. The division implements and operates different innovative health care models, including micro hospitals, specialty hospitals and hospital outpatient departments (HOPDs). The Population Health Management division owns and operates provider networks such as Independent Physician Associations (IPAs). Through our Management Services Organizations (MSOs), we provide management, administrative and other support services to our affiliated hospitals and physician groups. Our cloud-based proprietary technology platform aggregates clinical and claims data across multiple settings, information systems and sources to create a holistic view of patients and providers, allowing us to deliver greater quality care more efficiently.
Certain statements and information included in this press release constitute "forward-looking statements" within the meaning of the Federal Private Securities Litigation Act of 1995. When used in this press release, the words or phrases "will", "will likely result," "expected to," "will continue," "anticipated," "estimate," "projected," "intend," "goal," or similar expressions are intended to identify "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements are subject to certain risks, known and unknown, and uncertainties, many of which are beyond the control of the Company. Such uncertainties and risks include, but are not limited to, our ability to successfully combine our legacy operations of the combined company, to execute our growth strategy, economic conditions, dependence on management, dilution to stockholders, lack of capital, changes in laws or regulations, the effects of rapid growth upon the Company and the ability of management to effectively respond to the growth and demand for products and services of the Company, newly developing technologies, the Company's ability to compete, conflicts of interest in related party transactions, regulatory matters, protection of technology, lack of industry standards, the effects of competition and the ability of the Company to obtain future financing. Such factors could materially adversely affect the Company's financial performance and could cause the Company's actual results for future periods to differ materially from any opinions or statements expressed within this press release.
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SOURCE Nutex Health, Inc. | https://www.kold.com/prnewswire/2022/07/13/nutex-health-provides-update-growth-strategy/ | 2022-07-13T11:30:19Z | https://www.kold.com/prnewswire/2022/07/13/nutex-health-provides-update-growth-strategy/ | false |
NEW YORK, July 13, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Okta, Inc..
Shareholders who purchased shares of OKTA during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CLASS PERIOD: March 5, 2021 to March 22, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Okta had inadequate cybersecurity controls; (ii) as a result, Okta's systems were vulnerable to data breaches; (iii) Okta ultimately did experience a data breach caused by a hacking group, which potentially affected hundreds of Okta customers; (iv) Okta initially did not disclose and subsequently downplayed the severity of the data breach; (v) all the foregoing, once revealed, was likely to have a material negative impact on Okta's business, financial condition, and reputation; and (vi) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: July 19, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/okta-inc-loss-submission-form/?id=29730&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of OKTA during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is July 19, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.wflx.com/prnewswire/2022/07/13/shareholder-alert-gross-law-firm-notifies-shareholders-okta-inc-class-action-lawsuit-lead-plaintiff-deadline-july-19-2022-nasdaq-okta/ | 2022-07-13T11:32:26Z | https://www.wflx.com/prnewswire/2022/07/13/shareholder-alert-gross-law-firm-notifies-shareholders-okta-inc-class-action-lawsuit-lead-plaintiff-deadline-july-19-2022-nasdaq-okta/ | false |
DURHAM, N.C., July 13, 2022 /PRNewswire/ -- TeraRecon, a ConcertAI company and a leader in advanced medical visualization using AI to improve patient care, today announced U.S.-based DocPanel, the world's first radiology marketplace offering access to over 500 fellowship trained radiologists available for radiological reads, second opinions, and educational consults, has signed a contract for TeraRecon's advanced visualization software-as-a-subscription offering, Intuition Titanium.
DocPanel will leverage Intuition's KLAS-leading clinical features, plus a growing list of exclusive subscription-only content, accelerate their CT and MRI interpretation capabilities and, in turn, bolster their sub-specialty reading services to radiology and physician groups, hospitals, and occupational medicine clinics.
"With this agreement and access to subspecialist radiologists, all non-tertiary located programs could instantly mature their cardiac, coronary, and pulmonary imaging offerings," said Dr. Giovanni Lorenz, Lead Cardiothoracic Radiologist at DocPanel. "This is a game-changer for our patients."
"We are thrilled to continue our long-standing relationship with this customer," said Chris Massoll, SVP of Sales and Services at TeraRecon. "DocPanel is an excellent example of a healthcare services organization investing in and deploying the necessary tools to deliver radiology in a better way. We continue to see strong interest in our subscription-based offerings, including Titanium and Titanium Essentials in the United States and other global markets. This trend towards predictable and flexible pricing models that do not require access to capital budgets has put TeraRecon in a prime position to offer its customers the most comprehensive solutions that can easily fit their specific clinical and business needs."
TeraRecon offers a choice of subscription-based offerings, so there is no need to access capital budgets or engage in time-consuming approval processes while still allowing you to select the clinical functionality you need. And now, with AI-readiness built right in, more capabilities mean more value to clinicians and patients. The Intuition Titanium Suite, recently contracted by DocPanel, includes all the KLAS-leading clinical features to serve the needs of image-driven physicians across multiple service lines, including radiology, cardiology, and vascular surgery, neurology, and pulmonology.
About DocPanel: DocPanel is the world's first radiology marketplace, offering the largest network of US-based academic and subspecialty radiologists who provide final reads, protocol optimization support, new-service launch assistance, second opinions, and educational consults to clients worldwide. DocPanel's mission is to ensure every imaging exam is read by the right subspecialist. DocPanel currently serves more than 200 customers and provides access to over 500 radiologists. Learn more by visiting www.docpanel.com.
About TeraRecon: Serving 1,300 clinical sites globally, TeraRecon, a ConcertAI company, is a Best in KLAS solution provider for AI-empowered radiology, oncology, cardiology, neurology, and vascular surgery. Awarded the 2020, 2021, and 2022 KLAS Category Leader for Advanced Visualization, TeraRecon solutions are independent of any one manufacturer's imaging equipment or PACS system, allowing a single, unified, and simplified clinical workflow that can improve efficiencies and deliver actionable physician-guided insights.
About ConcertAI: ConcertAI is the leader in Real-World Evidence (RWE) and AI technology solutions for life sciences and health care. Our mission is to accelerate insights and outcomes for patients through leading real-world data, AI technologies, and scientific expertise in partnership with the leading biomedical innovators, health care providers, and medical societies. For more information, visit us at http://www.concertai.com.
Media Contact:
Chris Gale
Chris@GaleStrategies.com
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SOURCE ConcertAI | https://www.wflx.com/prnewswire/2022/07/13/terarecon-announces-docpanel-signs-contract-intuition-titanium-reaffirming-its-cardiothoracic-imaging-service-commitment/ | 2022-07-13T11:34:13Z | https://www.wflx.com/prnewswire/2022/07/13/terarecon-announces-docpanel-signs-contract-intuition-titanium-reaffirming-its-cardiothoracic-imaging-service-commitment/ | true |
NEW YORK, July 13, 2022 /PRNewswire/ -- Bessemer Investors LLC ("Bessemer"), a New York-based investment firm, announced today that it has made a strategic investment in RotoCo, LLC ("RotoCo" or the "Company") headquartered in North San Diego County, CA. RotoCo is the largest franchisee of the Roto-Rooter Plumbing and Drain Service in the US and Canada, with branches and franchises in California from Sacramento to San Diego. Bessemer is partnering with RotoCo's existing management team, including Founder and CEO, Jim Holcomb, and President, Brian McCann, who will both continue to lead the Company in their current roles. Financial terms of the transaction were not disclosed.
For decades, Roto-Rooter and its franchisees have been some of the nation's largest and most trusted providers of plumbing and drain cleaning services for both residential and commercial customers, and currently provide service coverage to 90% of the US population and 40% of Canada. Bessemer invested in RotoCo in support of the Company's continued growth, both organically and through strategic acquisitions.
Mr. Holcomb said, "We are delighted to join with Bessemer in the expansion of our business. We have significant opportunity to continue growing the business as we have successfully done since its founding and are excited to work alongside Bessemer through our next phase of business growth."
"Our skilled service technicians provide unmatched service to our customers and the Roto-Rooter name is synonymous with quality," said Mr. McCann. "Bessemer's support will help expand our operational capabilities and provide additional resources and opportunities to our team internally."
"We are excited to be partners with Bessemer whose long-term, flexible capital base will allow us to accelerate our expansion while focusing on long-term value creation," said Martin Szumski, Chief Financial Officer at RotoCo.
Bohdan Tyshynsky, Vice President at Bessemer, said, "RotoCo is a proven leader in residential plumbing services with an excellent operational team and a systematic model and approach to providing its services. RotoCo has a long and successful history of growing both organically and through acquisitions, and we look forward to supporting Jim, Brian and the management team as they continue to build a great platform. Plumbing and drain cleaning services have been resilient during changing economic cycles, and we anticipate growth as homeowners increasingly outsource their home services and from the rising plumbing maintenance requirements of the nation's aging housing stock."
The Bessemer team included David Barr, Andrew Mendelsohn, Bohdan Tyshynsky, and Joe Middleman.
BofA Securities, Inc. served as financial advisor to RotoCo, while DLA Piper and SkarlatosZonarich served as legal counsel. Cowen served as financial advisor to Bessemer Investors, while Akin Gump Strauss Hauer & Feld LLP served as legal counsel. Audax Private Debt and Treeline Capital Partners are providing debt financing for the transaction.
Founded in 1974 by Jim Holcomb, RotoCo is a family-owned business and the largest franchise partner of Roto-Rooter Plumbing and Drain Service. RotoCo operates under the Roto-Rooter brand in San Diego County, Los Angeles County, The Inland Empire, The County of Santa Barbara, Monterey County, California's entire Central Valley region, and north beyond Sacramento County. RotoCo continually invests in its people and technology to offer best-in-class services to both commercial and residential property owners, and has grown into the leading plumbing, drain and flood restoration company in California. For more information, please visit http://www.RotoRooterca.com.
Bessemer Investors is a New York-based investment firm focused on partnering with middle market businesses to support growth and enhance value creation. Bessemer differentiates itself by combining a long-term, flexible capital base with a team of experienced private equity professionals. This approach offers unique solutions to Bessemer's partners and the flexibility to maximize long-term value. For further information, please visit https://www.bessemerinvestors.com.
Media Contact:
Lisa Baker
Lambert
603-868-1967
lbaker@lambert.com
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SOURCE Bessemer Investors | https://www.kswo.com/prnewswire/2022/07/13/bessemer-investors-llc-partners-with-rotoco-llc-largest-franchisee-roto-rooter-leading-plumbing-drain-services-brand-north-america/ | 2022-07-13T11:34:43Z | https://www.kswo.com/prnewswire/2022/07/13/bessemer-investors-llc-partners-with-rotoco-llc-largest-franchisee-roto-rooter-leading-plumbing-drain-services-brand-north-america/ | false |
Motley Crue and Def Leppard at American Family Field: What you need to know before the Milwaukee concert
It took two years longer than planned because of COVID-19, but the Def Leppard and Mötley Crüe "Stadium Tour" is finally traveling across North America this summer — and hitting Milwaukee's American Family Field July 17.
Of the three shows at the Brewers' ballpark this year, this show, based on initial ticket sales, likely will have the largest attendance — so be prepared.
Here's everything you need to know for the Milwaukee show.
RELATED:These are all the arena, amphitheater and stadium concerts happening in Milwaukee in 2022
When do gates/parking open for the Stadium Tour show?
The Stadium Tour show will start even earlier than Kenny Chesney's marathon American Family Field concert in May. The first band kicks off their set at 4:30 p.m.; the gates open at 3:30 p.m., and the parking lots open at 1:30 p.m. The early opening times, combined with the Sunday date, should help with traffic issues, but give yourself extra time to get to the stadium just in case.
How much is parking? (Tip: Pay in advance to save some cash)
Beyond shaving some dollars off the cost, advance parking, purchased through the Brewers site, will guarantee you a spot, something that's not a given if you just pull up and try to pay. Advance parking is $25 for the general lots, $40 for the preferred lots. If you decide to pay on site, it'll be $35 for general and $50 for preferred. And if you purchased a parking pass for the show's 2020 or 2021 dates, it will still be valid.
Not driving? Expect huge ride-share lines
Two Milwaukee County Transit System bus routes drop passengers off within walking distance of the ballpark: the GoldLine on Wisconsin Avenue and Route 18 on National Avenue.
If you're using Uber or Lyft, the pickup and drop-off point is in the stadium's Gantner parking lot. If you take a cab, pickup and drop-off is just outside Helfaer Field.
But be aware: Those ride-share lines were massive and disorganized after the Chesney show in May, so if you go that route, be prepared for long waits.
A number of area hotels and bars run shuttle services to the ballpark for games. Check to see if they'll be operating for the concert, too.
Previously purchased tickets will be honored, but tickets are still available. How much are they?
The show was originally scheduled for Aug. 18, 2020, then postponed to Aug. 28, 2021, before being postponed a third time to this Sunday. If you purchased a ticket for either of the two previous dates, it will be honored.
While the show was billed a sell-out after tickets went on sale in 2019, tickets have opened up, available from $84.50 in the terrace up to $179.50 for reserved floor aisle seats.
There also are platinum seats available. Described as the best seats in the stadium, they range from $195 for the outfield to $799 for the first two rows. A minimum of two platinum seats must be purchased in a single order.
Tickets for a Def Leppard VIP package, which include seats in the first 20 rows, exclusive merch item and other perks, are available for $344.50.
Poison, one of the show's openers, has tickets for a meet-and-greet package (which includes seats in the first 15 rows) for $875, and tickets for a $300 package (reserved floor seat, exclusive merch item and more).
Joan Jett and the Blackhearts, also on the bill, is offering a $269 VIP ticket package that includes an exclusive shirt, coaster set and more.
All of these tickets are available at brewers.com.
How to notify security if there's an issue
You can notify staff of a problem by texting "Brewers" and describing the issue to 69050, or by speaking to a staff member or visiting a guest services booth on the field level behind section 116 or on the terrace level behind section 419.
No signs can be larger than 18 by 24 inc". Signs with inappropriate content, or with attached poles or handles, are not permitted.
Poison, Joan Jett, Classless Act round out the bill
In addition to co-headliners Crüe and Leppard, the bill features rock band Classless Act performing at 4:30 p.m. sharp, followed by Rock and Roll Hall of Famers Joan Jett and the Blackhearts, and then Poison.
Poison had to cancel a show in Nashville June 30 after frontman Bret Michels was hospitalized, but the band returned to the lineup July 2.
Crüe drummer Tommy Lee is also playing full sets again. At the start of the tour, he had to play partial sets after breaking four ribs last month.
What critics are saying
Def Leppard just released its first album in seven years, "Diamond Star Halos," and while some new songs make the tour's setlist, their shows have leaned heavily on longtime hits like "Pour Some Sugar on Me" and "Rock of Ages." The setlists for Crüe, Poison and Jett rely on the hits, too. At a recent St. Louis show, the headliners each touched on about 18 songs, while Jett plays 12 and Poison eight.
With Classless Act, the concerts have rounded out to about six hours of music, Melissa Ruggeri wrote in a review of a Washington tour date for USA TODAY. Ruggeri praised Jett's "ferocity," suggested Poison's Bret Michaels may be rock's most "genuine frontman" and wrote that Leppard frontman Joe Elliott was "still effortlessly cool."
As for Crüe, the review wasn't quite as glowing, with Ruggeri saying frontman Vince Neil's vocals were often overpowered by the band. "Was it a perfect Crüe? No," she wrote in her review. "But there’s a lot of 'Dr. Feelgood' when the band is unleashed live."
Contact Piet at (414) 223-5162 or plevy@journalsentinel.com. Follow him on Twitter at @pietlevy or Facebook at facebook.com/PietLevyMJS. | https://www.jsonline.com/story/entertainment/music/2022/07/13/motley-crue-def-leppard-what-you-need-know-before-milwaukee-show/7818966001/ | 2022-07-13T11:35:53Z | https://www.jsonline.com/story/entertainment/music/2022/07/13/motley-crue-def-leppard-what-you-need-know-before-milwaukee-show/7818966001/ | false |
WASHINGTON — Mega Millions players were hoping to hit it big Tuesday with a $440 million jackpot on the line, but no such luck. The lottery game's top prize has steadily grown since someone last won the jackpot in mid-April.
No one won the jackpot, but someone in Illinois matched the five white balls to win $1 million.
The estimated jackpot for Friday's drawing is now $480 million, the tenth largest in the game's history. The lump sum cash option is $276 million
The winning numbers from Tuesday night's Mega Millions drawing were 4-7-10-45-64 plus the gold Mega Ball 12.
Tuesday night's drawing featured the 11th-largest Mega Millions jackpot in the game's history. It was also the largest prize up for grabs since May 2021, when a five-member trust in Pennsylvania claimed a $516 million prize.
While the prize money is certainly life changing, it's far from breaking lottery records. Last year, a Mega Millions jackpot cracked the $1 billion mark for just the second time. A four-member suburban Detroit lottery club won that $1.05 billion jackpot and chose the lump sump, receiving $557 million after taxes.
The next Mega Millions drawing is on Friday, July 15 at 11 p.m. ET.
Mega Millions is played in 45 states as well as Washington, D.C., and the U.S. Virgin Islands.
Earlier this month, someone in Vermont won a $366 million Powerball jackpot after purchasing a ticket at a Jolley Short Stop convenience store, according to the Vermont Lottery. It was the first time in Powerball history that a jackpot-winning ticket had been sold in the state. The Vermont winner, who has yet to come forward to claim their prize, can either take the full sum in increments or opt for the lump sum of $208.4 million. | https://www.wwltv.com/article/news/nation-world/mega-millions-winning-jackpot-numbers-july-12-2022-tuesday/507-305c6fb4-133b-473f-ae83-9f892dcd4040 | 2022-07-13T11:39:25Z | https://www.wwltv.com/article/news/nation-world/mega-millions-winning-jackpot-numbers-july-12-2022-tuesday/507-305c6fb4-133b-473f-ae83-9f892dcd4040 | false |
DURHAM, N.C., July 13, 2022 /PRNewswire/ -- TeraRecon, a ConcertAI company and a leader in advanced medical visualization using AI to improve patient care, today announced U.S.-based DocPanel, the world's first radiology marketplace offering access to over 500 fellowship trained radiologists available for radiological reads, second opinions, and educational consults, has signed a contract for TeraRecon's advanced visualization software-as-a-subscription offering, Intuition Titanium.
DocPanel will leverage Intuition's KLAS-leading clinical features, plus a growing list of exclusive subscription-only content, accelerate their CT and MRI interpretation capabilities and, in turn, bolster their sub-specialty reading services to radiology and physician groups, hospitals, and occupational medicine clinics.
"With this agreement and access to subspecialist radiologists, all non-tertiary located programs could instantly mature their cardiac, coronary, and pulmonary imaging offerings," said Dr. Giovanni Lorenz, Lead Cardiothoracic Radiologist at DocPanel. "This is a game-changer for our patients."
"We are thrilled to continue our long-standing relationship with this customer," said Chris Massoll, SVP of Sales and Services at TeraRecon. "DocPanel is an excellent example of a healthcare services organization investing in and deploying the necessary tools to deliver radiology in a better way. We continue to see strong interest in our subscription-based offerings, including Titanium and Titanium Essentials in the United States and other global markets. This trend towards predictable and flexible pricing models that do not require access to capital budgets has put TeraRecon in a prime position to offer its customers the most comprehensive solutions that can easily fit their specific clinical and business needs."
TeraRecon offers a choice of subscription-based offerings, so there is no need to access capital budgets or engage in time-consuming approval processes while still allowing you to select the clinical functionality you need. And now, with AI-readiness built right in, more capabilities mean more value to clinicians and patients. The Intuition Titanium Suite, recently contracted by DocPanel, includes all the KLAS-leading clinical features to serve the needs of image-driven physicians across multiple service lines, including radiology, cardiology, and vascular surgery, neurology, and pulmonology.
About DocPanel: DocPanel is the world's first radiology marketplace, offering the largest network of US-based academic and subspecialty radiologists who provide final reads, protocol optimization support, new-service launch assistance, second opinions, and educational consults to clients worldwide. DocPanel's mission is to ensure every imaging exam is read by the right subspecialist. DocPanel currently serves more than 200 customers and provides access to over 500 radiologists. Learn more by visiting www.docpanel.com.
About TeraRecon: Serving 1,300 clinical sites globally, TeraRecon, a ConcertAI company, is a Best in KLAS solution provider for AI-empowered radiology, oncology, cardiology, neurology, and vascular surgery. Awarded the 2020, 2021, and 2022 KLAS Category Leader for Advanced Visualization, TeraRecon solutions are independent of any one manufacturer's imaging equipment or PACS system, allowing a single, unified, and simplified clinical workflow that can improve efficiencies and deliver actionable physician-guided insights.
About ConcertAI: ConcertAI is the leader in Real-World Evidence (RWE) and AI technology solutions for life sciences and health care. Our mission is to accelerate insights and outcomes for patients through leading real-world data, AI technologies, and scientific expertise in partnership with the leading biomedical innovators, health care providers, and medical societies. For more information, visit us at http://www.concertai.com.
Media Contact:
Chris Gale
Chris@GaleStrategies.com
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SOURCE ConcertAI | https://www.kswo.com/prnewswire/2022/07/13/terarecon-announces-docpanel-signs-contract-intuition-titanium-reaffirming-its-cardiothoracic-imaging-service-commitment/ | 2022-07-13T11:42:39Z | https://www.kswo.com/prnewswire/2022/07/13/terarecon-announces-docpanel-signs-contract-intuition-titanium-reaffirming-its-cardiothoracic-imaging-service-commitment/ | false |
According to the SBI report, CPI inflation attributable to supply side factors started moving up after September'21 while demand led CPI remained more or less constant.
In a research report, the SBI also said the 7.01 per cent consumer price index (CPI) inflation announced by the Indian government on Tuesday for June 2022 confirms the fact that the peak point has passed.
According to the SBI report, CPI inflation attributable to supply side factors started moving up after September'21 while demand led CPI remained more or less constant.
"The two have been moving together post February'22 (since the starting of Russia-Ukraine conflict). However, in the recent months demand led CPI inflation has moved up a bit, while supply led CPI inflation continues to moderate," the SBI said.
Clearly, the RBI may have to raise rates further though, the clear downward trend in inflation attributable to supply side factors bodes quite well for inflation trajectory going forward, the report added.
The core inflation has trended down from its peak in April (taking last 12-months as reference period).
The moderation is on account of fall in contribution of transport and communication from 1.7 per cent in April to 1.1 per cent in June.
The fall in core CPI largely the product of fall in demand owing to lagged effect of high inflation in the past months.
Further correction in prices of precious metal around April has contributed to correction in personal care and effect.
With major states such as Maharashtra which contribute 100 bps to All India CPI (95 bps in June) expected to announce cut in VAT on fuel, it is expected that core may correct further as pass through of fuel will happen in subsequent months along with correction in global prices of commodities, the SBI said.
On the Index of Industrial Production (IIP) that showed about 20 per cent growth, the bad news is that in Q1FY23, new investment announcement declined by around 27 per cent to Rs 4.35 lakh crore as compared to Rs 5.99 lakh crore in Q1FY22 and Rs 5.75 lakh crore in Q4FY22, the SBI said.
At present, RBI's mandate is to keep retail inflation at 4 per cent with a tolerance band of 2 percentage points, i.e. 200 basis points on either side. | https://auto.economictimes.indiatimes.com/amp/news/industry/inflation-in-india-to-be-about-5-by-march-23/92846814 | 2022-07-13T11:43:45Z | https://auto.economictimes.indiatimes.com/amp/news/industry/inflation-in-india-to-be-about-5-by-march-23/92846814 | false |
WASHINGTON (AP) — The U.S. House Committee on Oversight and Reform has accepted an offer for Washington Commanders owner Dan Snyder to testify virtually July 28.
Chairwoman Carolyn B. Maloney wrote a letter to attorney Karen Patton Seymour on Tuesday saying he would be allowed to testify via Zoom under the conditions set out by the committee’s initial subpoena “to ensure that Mr. Snyder’s testimony will be full and complete and will not be restricted in the way it would be if the deposition were conducted voluntarily.”
The committee is set to give Snyder access to exhibitions used in prior depositions and interview transcripts as well as descriptions of redacted information, which were among the elements requested by his representatives in a previous letter. July 28 was also one of their preferred dates after declining several previous invitations.
Snyder did not appear when first invited along with NFL Commissioner Roger Goodell, who testified virtually June 22, with prior obligations and international travel given among the reasons.
His camp has until Wednesday at noon EDT to confirm Snyder will appear before the committee, which launched an investigation into the team’s workplace culture last year after the league did not release a report of its independent review into the organization, which prompted a $10 million fine.
Congress has since looked into accusations of pervasive sexual harassments of women who worked for the team by Snyder and other executives. According to a document released by the committee, Snyder conducted a “shadow investigation” that sought to discredit former employees making accusations of workplace sexual harassment, hired private investigators to intimidate witnesses, and used an overseas lawsuit as a pretext to obtain phone records and emails.
Patton Seymour wrote to the committee last week offering Snyder would be willing to testify voluntarily July 28 or 29.
A spokesperson for Snyder said his attorneys “are reviewing the Committee’s letter to determine if their due process concerns, including the circumstances of Mr. Snyder’s appearance, have adequately been addressed.”
___
More AP NFL: https://apnews.com/hub/nfl and https://twitter.com/AP_NFL | https://phl17.com/sports/house-committee-accepts-snyders-offer-to-testify-virtually/ | 2022-07-13T11:48:51Z | https://phl17.com/sports/house-committee-accepts-snyders-offer-to-testify-virtually/ | false |
Kent bisexual footballer's homophobic abuser sentenced
- Published
A semi-professional footballer who subjected another player, who is bisexual, to homophobic abuse during a match has been fined.
Jahmal Howlett-Mundle was playing for Sheppey United in August 2021 when Ayokunle Odedoyin of Tower Hamlets FC used abusive language towards him.
Odedoyin, 32, had been found guilty at Bexley Magistrates' Court in June and was sentenced on Wednesday.
Mr Howlett-Mundle said: "I don't think justice has been done."
Odedoyin was told he must complete 120 hours of unpaid work, and told to pay £1,120 in compensation and court costs.
Speaking to BBC South East, Mr Howlett-Mundle said: "I don't think it's going to deter people in the future from being homophobic.
"With short sentences like this how are people supposed to understand that there's a lot of pain and suffering that does happen to people like myself and other active LGBTQ+ football players."
'Holding in the tears'
Tower Hamlets FC had been losing the game before Odedoyin committed a late tackle on Mr Howlett-Mundle and verbally abused him, in a match which saw Sheppey United win 4-1, a spokesman for the Crown Prosection Service (CPS) said.
Mr Howlett-Mundle tweeted it was a "real shame" following the game on 7 August.
Tower Hamlets FC then asked for the player's shirt number and promised to investigate.
Speaking to BBC South East after the match, Mr Howlett-Mundle said: "I kept my cool as best as possible but it was really difficult holding in the tears while still trying to complete the game."
Odedoyin was found guilty of one count of using threatening or abusive or insulting words or behaviour to cause harassment, alarm or distress.
Following his trial in June, Rebecca Helliwell from the CPS said: "Calling out and prosecuting homophobic language is vital to stamping out hate crime. These vile slurs have no place on our football pitches or society."
Mr Howlett-Mundle - also a full-time primary school teacher - took the decision to come out to his teammates in July 2021.
He said he hoped that by being open about his sexuality it would give others the confidence to follow suit.
- 8 August 2021
- 3 August 2021
- 26 July 2019 | https://www.bbc.co.uk/news/uk-england-kent-62137470 | 2022-07-13T11:51:43Z | https://www.bbc.co.uk/news/uk-england-kent-62137470 | true |
Independent review validates trusted Gridspace platform, vital for highly regulated industries
LOS ANGELES, July 13, 2022 /PRNewswire/ -- Gridspace, an industry-leading provider of voice technology and artificial intelligence software, announced today it has successfully completed a Service Organization Control (SOC) 2 examination in the Security (Type 1) category for Gridspace Grace, the company's virtual agent and authoring platform.
Independently verified by a Certified Public Accountant, the assessment affirms that Gridspace Grace, a next-generation voice bot providing round-the-clock conversational care in a natural and friendly manner, meets the rigorous SOC 2 standards for security, availability and confidentiality.
This is a voluntary compliance standard which specifies how organizations should manage and protect sensitive customer data. The external review examined Gridspace-designed information security policies, procedures and operations against industry-leading standards. The successful outcome demonstrates that sensitive information is being handled responsibly on the Gridspace platform, where an effective structure of internal controls is in place to ensure that information, and the systems storing it, are protected against potential threats. These threats include unauthorized access to data and unauthorized disclosure of information.
"Independent validation of security controls is vital for clients in highly regulated industries looking to adopt virtual agents," said Gridspace CEO Evan Macmillan. "SOC 2 is the international standard for assurance in IT controls. This successful examination, along with our HITRUST certified status, ensures Gridspace partners in the financial and healthcare sectors can have complete confidence that we establish and maintain the highest standards of security and compliance."
A SOC 2 examination can evaluate up to five "Trust Service" categories :
- Security
- Availability
- Processing Integrity
- Confidentiality
- Privacy
More information about the SOC 2 assurance standard can be found here.
Gridspace brings to life conversational care for businesses and customers. The company processes billions of minutes of conversational speech for some of the largest voice-oriented healthcare and financial service companies in the world.
For more information about Gridspace, and to try out our virtual agents for yourself, visit gridspace.com
Contact:
Email: inquiries@gridspace.com
Web: https://www.gridspace.com
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SOURCE Gridspace | https://www.cleveland19.com/prnewswire/2022/07/13/gridspace-grace-passes-soc-2-type-1-examination/ | 2022-07-13T11:53:32Z | https://www.cleveland19.com/prnewswire/2022/07/13/gridspace-grace-passes-soc-2-type-1-examination/ | false |
Membership includes free delivery and 2X fuel points
CINCINNATI, July 13, 2022 /PRNewswire/ -- The Kroger Co. (NYSE: KR), America's largest grocery retailer, today announced the national launch of Boost by Kroger, which represents the latest expansion of its industry-leading loyalty program. The annual membership provides customers unlimited free grocery delivery on orders of $35 or more, fuel discounts of up to $1 per gallon and additional savings on Our Brands products. Kroger estimates the membership can save customers more $1,000 per year on fuel and grocery delivery.
"As customers continue to evolve how they shop and eat, this expansion of our loyalty program offers more personalized value in groceries and fuel, alongside easier access to convenient shopping solutions, such as Delivery," said Yael Cosset, Senior Vice President and Chief Information Officer for Kroger. "We are committed to consistently delivering a best-in-class seamless experience with zero compromise – the fresh and quality products our customers want, how they want it and when they want it. We recognize this is especially important as our customers are facing an inflationary environment and rising fuel prices."
Boost expands on savings currently available to customers through Kroger's free loyalty program. Offering two annual membership levels at $59 or $99, the new service provides free next-day delivery or free delivery in as little as two hours on orders of $35 or more, respectively. Boost members also receive 2X fuel points for every dollar spent as well as exclusive savings on Our Brands, including Murray's Cheese, Vitacost, and Home Chef™, Simple Truth™ and Private Selection™.
"Boost contributes to our rapidly expanding seamless ecosystem, bringing value and convenience to many more families across America as we roll-out new Delivery fulfillment centers," said Bill Bennett, Kroger Vice President and Head of E-commerce. "Through Boost, Kroger is uniquely positioned to be Fresh for Everyone, making grocery delivery accessible to more customers through the industry's most affordable grocery delivery membership program. Combine this with our industry-leading fuel points program, we are confident we have built a differentiated membership program that our customers will love."
During the last several months, the grocer piloted Boost in four divisions, resulting in a growing number of new members and a significant increase in delivery sales compared to non-Boost divisions.
Boost is now available to customers across The Kroger Family of Companies. Eligible customers can enroll in the program at www.Kroger.com/boost.
To download Boost photography assets, visit here.
At The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: to Feed the Human Spirit™. We are, across our family of companies, nearly half a million associates who serve over nine million customers daily through a seamless digital shopping experience and 2,800 retail food stores under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities by 2025. To learn more about us, visit our newsroom and investor relations site.
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SOURCE The Kroger Co. | https://www.wbtv.com/prnewswire/2022/07/13/kroger-launches-boost-membership-customers-nationwide/ | 2022-07-13T11:54:09Z | https://www.wbtv.com/prnewswire/2022/07/13/kroger-launches-boost-membership-customers-nationwide/ | true |
INDIANAPOLIS, July 13, 2022 /PRNewswire/ -- Simon®, a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations, today announced details for its second quarter earnings release and conference call.
Simon's financial and operational results for the quarter ending June 30, 2022, will be released after the market close on August 1, 2022. The Company will host its quarterly earnings conference call and an audio webcast on August 1 from 5:00 p.m. to 6:00 p.m. Eastern Daylight Time.
The live webcast will be available in listen-only mode at investors.simon.com. Interested parties can join the call by dialing:
- 1-877-423-9813 United States participants
- 1-201-689-8573 Participants outside the United States
- The conference ID for the call is "13730864."
An audio replay will be available from approximately 8:00 p.m. Eastern Daylight Time on August 1, 2022 until 8:00 p.m. Eastern Daylight Time on August 8, 2022. The replay can be accessed within the United States by dialing 1-844-512-2921. Callers outside the U.S. can access the replay at 1-412-317-6671. The replay passcode is "13730864." The call will also be archived on investors.simon.com for approximately 90 days.
About Simon
Simon® is a real estate investment trust engaged in the ownership of premier shopping, dining, entertainment and mixed-use destinations and an S&P 100 company (Simon Property Group, NYSE: SPG). Our properties across North America, Europe and Asia provide community gathering places for millions of people every day and generate billions in annual sales.
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SOURCE Simon | https://www.cleveland19.com/prnewswire/2022/07/13/simon-announces-date-its-second-quarter-2022-earnings-release-conference-call/ | 2022-07-13T11:56:44Z | https://www.cleveland19.com/prnewswire/2022/07/13/simon-announces-date-its-second-quarter-2022-earnings-release-conference-call/ | false |
OKLAHOMA CITY, July 13, 2022 /PRNewswire/ -- Stability Cannabis reaches a milestone of more than 40,000 pounds of medical marijuana sold. The company also exceeded 600 medical marijuana dispensaries having stocked medical marijuana products from Stability in Oklahoma, representing more than 25% of all medical marijuana dispensaries operating statewide, which in turn has provided medical access to approximately 100,000 patients.
"Stability continues pursuing our primary mission of helping as many patients as possible access affordable, high-quality medicine. This milestone of reaching more than 600 distribution points and more than 20 tons of cannabis biomass sold statewide is an important step in fulfilling our goal of leading the medical marijuana industry" said chief executive officer Denver Kitch. "Our proven production capacity of cannabis flower drives our value creation for shareholders" he added.
The Oklahoma Medical Marijuana Authority reported 2,286 licensed dispensaries statewide as of July 7, 2022. Stability Cannabis has penetrated 25% of all storefronts in the state, driven by a unique weekly harvest cycle and a dedicated team of more than 130 Oklahomans which keep dispensaries in constant supply.
"When we were founded in 2018, few would have anticipated such a robust medical marijuana in Oklahoma which now has the highest number of medical card patients per capita in North America." said Austin Clay, chief cultivation officer. He added "The prospect of recreational cannabis legalization, expected to be on the ballot in November of 2022, will certainly drive even more demand in the Oklahoma cannabis industry."
Oklahoma City based Stability Cannabis operates one of the largest cannabis cultivation, processing and retail operations in the American Midwest. Learn more at StabilityCannabis.com.
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SOURCE Stability Cannabis | https://www.wbtv.com/prnewswire/2022/07/13/stability-cannabis-surpasses-40000-pound-milestone/ | 2022-07-13T11:56:55Z | https://www.wbtv.com/prnewswire/2022/07/13/stability-cannabis-surpasses-40000-pound-milestone/ | false |
Suzuki reach agreement to quit MotoGP at end of current season
Last updated on .From the section Motorsport
Suzuki will leave MotoGP at the end of the 2022 season after reaching an agreement with promoters Dorna.
The Japanese manufacturer indicated its desire to withdraw from the sport in May, citing economic challenges.
The company was contracted to MotoGP until 2026 but president Toshihiro Suzuki said on Wednesday both sides had negotiated an early termination.
Suzuki will also leave the World Endurance Championship, which includes the Le Mans 24 Hour race.
In a statement, Suzuki said the decision to leave was due to "the need to reallocate resources on other initiatives for sustainability."
Suzuki left MotoGP in 2011 and returned again in 2015, winning its first world title for 20 years in 2020 with Spanish rider Joan Mir.
Mir and his compatriot Alex Rins currently sit eighth and ninth in the standings.
Suzuki said it would support both riders until the end of the season. | https://www.bbc.com/sport/motorsport/62148550 | 2022-07-13T11:57:50Z | https://www.bbc.com/sport/motorsport/62148550 | true |
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The average national price for gasoline has gone up almost $2 over the past year, according to the U.S. Energy Information Administration. That’s not good news for some of the thirstiest vehicles on the road: pickup trucks. But there is a relatively new option if you’re looking to save on gas: a hybrid pickup.
As with other hybrid vehicles, these trucks have a gasoline-powered engine that’s augmented with electric motors and a battery to help improve fuel economy. But there are nuances to each automaker’s hybrid systems. The experts at Edmunds round up all four hybrid trucks that are on sale today to help you decide which one is the better buy. All prices below include the destination charge.
FORD F-150 POWERBOOST
PowerBoost is the name given to the first-ever F-150 hybrid engine, and rightly so. It produces more power than any non-hybrid F-150 with the exception of the off-road-focused Raptor: 430 horsepower and 570 lb-ft of torque. It’s 3-5 mpg more efficient than a comparable non-hybrid F-150 and can tow more than 12,000 pounds when properly equipped, which is plenty for your average truck owner.
The PowerBoost engine also comes with a handy feature called Pro Power Onboard. It’s a built-in electric generator that allows you to run various power tools and even large appliances like a TV or microwave. The PowerBoost powertrain is available on any F-150 SuperCrew cab trim level. On the downside, it can cost up to $4,495 to add to the truck. But overall the gains in efficiency and performance are compelling. You may need to adjust your driving style, however, since we’ve found in our testing that the EPA numbers are difficult to match in the real world. That said, the F-150 is currently Edmunds’ highest-rated full-size truck.
Starting price: $45,210
EPA-estimated fuel economy: 23-25 mpg combined
TOYOTA TUNDRA HYBRID
The Tundra’s 2022 redesign modernized the aging truck in many ways and introduced the all-new i-Force Max hybrid engine. It’s the most powerful hybrid truck on this list, boasting 437 horsepower and 583 lb-ft, but it’s a little less efficient than the F-150 PowerBoost. The hybrid powertrain is also only 1-2 mpg more efficient than the Tundra’s regular engine.
Toyota only offers the hybrid engine in the Tundra’s Limited trim and higher, plus it needs to be equipped with the CrewMax cab, making it a somewhat costly choice. But like the hybrid F-150, it offers a solid towing capacity of more than 11,000 pounds. All hybrid Tundras come with a large 14-inch touchscreen and heated and ventilated front and rear leather seats.
There’s a lot to like about the well-rounded Tundra. But know that it doesn’t lead or excel in towing, comfort, efficiency or any major truck category.
Starting price: $54,695
EPA-estimated fuel economy: 20-22 mpg combined
RAM 1500 ETORQUE
The Ram 1500 eTorque is the only mild hybrid system on this list. Ram offers it on both the V6 and V8 engines and on any trim level. The eTorque system doesn’t increase the total power output of either engine, but instead it adds short bursts of supplemental power when the engine needs it the most and smooths out the operation of the engine’s stop-start system. Most importantly, it improves fuel efficiency by 2-3 mpg compared to the Ram’s non-hybrid gasoline engines.
Surprisingly, there is no upcharge for the eTorque system on the V8, and it’s standard on the V6. The Ram 1500 is currently Edmunds’ second-highest-rated full-size truck. It’s the most comfortable truck in its class and its mild hybrid powertrain is silky smooth.
Starting price: $38,295 (V6); $41,090 (V8)
EPA-estimated fuel economy: 21-22 mpg combined (V6); 19-20 mpg combined (V8)
FORD MAVERICK
The Maverick is an all-new compact truck that comes standard with a 191-horsepower hybrid powertrain. It’s by far the most efficient truck on the market and is as efficient as a small hybrid SUV. Although the hybrid engine is only available with front-wheel drive, so if you plan on taking it off-road or live in a cold climate, you might want to reconsider.
On the plus side, the little Maverick has a low starting price, about the same as a compact car, making it the most affordable truck you can buy. It can tow as much as your average small SUV and has a solid payload capacity of 1,500 pounds.
The Maverick hybrid’s pricing and fuel economy are attractive, but beyond that, it’s quite the utilitarian truck.
Starting price: $22,490
EPA-estimated fuel economy: 37 mpg combined
EDMUNDS SAYS
Hybrid pickup trucks are great for their additional power and efficiency. Most will cost extra, but if you have the budget for one, we think the benefits are worth it.
Author bio:
This story was provided to The Associated Press by the automotive website Edmunds.
Michael Cantu is a contributor at Edmunds and is on Instagram. | https://www.mrt.com/living/article/Edmunds-The-Best-Hybrid-Pickup-Trucks-in-2022-17301757.php | 2022-07-13T11:59:42Z | https://www.mrt.com/living/article/Edmunds-The-Best-Hybrid-Pickup-Trucks-in-2022-17301757.php | true |
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PARAGOULD, Ark. (AP) — Jimmie Lou Fisher, who served as Arkansas' state treasurer for more than two decades and was the Democratic nominee for governor in 2002, has died, an Arkansas funeral home said. She was 80.
Fisher died Monday at Arkansas Methodist Medical Center in Paragould, Mitchell Funeral Home said. A cause of death was not released.
Then-Gov. Bill Clinton appointed Fisher as state auditor in 1979. She later served as treasurer from 1981 to 2002.
“I will always remember that early October morning in 1991, when Jimmie Lou introduced me as I kicked off my presidential campaign on the steps of the Old State House,” Clinton said in a statement Tuesday. “As always, she was enthusiastic, caring and kind, saying just the words we all needed to hear.”
He added: “She loved Arkansas and Arkansas loved her back. And she did a fine job as state treasurer.”
Fisher ran for governor in 2002 and lost to Republican Mike Huckabee, capturing 47% of the vote.
“She loved politics and was a faithful and fierce warrior for her party throughout her adult life,” Huckabee said Tuesday.
A funeral service is scheduled for Thursday in Paragould. | https://www.mrt.com/news/article/Jimmie-Lou-Fisher-longtime-Arkansas-treasurer-17301791.php | 2022-07-13T12:00:32Z | https://www.mrt.com/news/article/Jimmie-Lou-Fisher-longtime-Arkansas-treasurer-17301791.php | true |
The Federal Reserve’s rapid interest rate hikes are taking a serious toll on the housing market. Home prices and sales have fallen throughout the year as buyers recoil from rising mortgage interest rates — one of the first sectors of the economy affected by Fed rate hikes.
As the Fed boosts its baseline interest rate range, borrowing costs for consumers and businesses rise along the way. The average rate for a 30-year fixed-rate mortgage rose to 5.3 percent at the end of last week, according to Freddie Mac, up from 3.1 percent at the start of the year.
While mortgage rates have fallen slightly since peaking in the wake of the Fed’s June rate hike, the sharp increase in interest rates has already taken a hammer to what had been a historically hot housing market.
“The recent decline in affordability has been driven largely by higher mortgage rates. This stands in contrast with last year, when higher home prices were the main driver,” wrote Goldman Sachs economist Vinay Viswanathan in a Friday research note.
Housing prices and sales rose at double-digit rates in 2020 as a result of near-zero Fed interest rates, trillions of dollars in fiscal stimulus and months of pandemic-related lockdowns that drove a surge of homebuying.
Sales slowed slightly in 2021 under the weight of higher prices, but a severe shortage of homes and the Fed’s refusal to raise interest rates helped keep prices high and borrowing costs low for buyers who could keep up with the market.
The Fed is now moving the market in the opposite direction by making it more expensive to buy homes already inflated by years of rapid price increases.
“Housing is an interest rate sensitive sector. As mortgage rates rose over the past couple of months, we saw buyers pull back in response to the higher housing costs,” wrote Ali Wolf, chief economist for housing data firm Zonda, in a Friday email.
“Many pundits emphasize home price levels, but ultimately, people buy homes based on the monthly payment. Rising home prices combined with higher mortgage rates are driving up the monthly mortgage payment, which is impacting housing affordability,” she wrote.
Wolf said 11 percent of U.S. homebuilders slashed their prices in June from May, according to Zonda data, to help keep up sales. Home sale cancellations also jumped to 14.9 percent in June, according to brokerage firm Redfin, the highest rate since the start of the COVID-19 pandemic.
Slowing the housing market is a tough break for potential sellers, who had hoped to cash in on the steep climb in prices over the past two years. Housing prices are also not included in the inflation rate, so a decline in sale prices will not have a direct impact on the federal government’s price growth data.
Even so, the drop-off can play a key role in the Fed’s fight against inflation.
As home sales decline, so will the spending on the listing and transaction costs, moving services, furniture, repairs, renovations that come along with buying or selling a house.
Lower home prices may also ease pressure on inflation through what economists call “wealth effects.”
Americans with ample income may not be affected by rising interest rates on credit cards, which increase in lockstep with the Fed’s baseline interest rate. But the Fed’s rate hikes will also reduce their wealth — and perhaps spending — by shrinking the value of their homes, stocks and other financial assets.
American homeowners expect the price of their houses to fall by a median of 5.8 percent over the next year, according to the Federal Reserve of New York’s latest Survey of Consumer Expectations, a figure that’s down from 4.4 percent in May. The monthly drop was the second largest in the history of the survey, and the expected price decline is the worst since February 2021.
Rising concerns about a recession have also prompted some potential buyers to wait until economic storm clouds pass, Wolf said, while others have been priced out by rising mortgage rates.
“The higher cost of homeownership is pricing some potential buyers out of the market but is also changing the math in the rent-versus-own discussion,” she explained. “Many prospective buyers are choosing to sit on the sidelines to wait and see how both the economy and housing market progress before making the decision to purchase.”
A steady decline in home prices could help bring down inflation while also making houses more affordable. The U.S. suffered from an affordable housing shortage long before COVID-19 struck, and the pandemic only exacerbated the lack of homes within reach of many first-time buyers.
Fewer buyers means less competition for homes on the market, which could make homes slightly more affordable as the market corrects. But a longer-term lack of construction may leave homebuyers with little relief when the market turns around again.
“The U.S. housing market is undersupplied long-term when looking at population figures, but the market can bounce from undersupplied to oversupplied cyclically. If demand slows enough, builders may find themselves with more homes than buyers that are willing to buy them,” Wolf said. “Builders won’t want to bring more homes to the market if they aren’t sure they will sell them.” | https://www.pahomepage.com/uncategorized/why-the-fed-is-taking-a-hammer-to-the-housing-market/ | 2022-07-13T12:01:39Z | https://www.pahomepage.com/uncategorized/why-the-fed-is-taking-a-hammer-to-the-housing-market/ | false |
CHICO — The Chico Nuts 19-U American Legion baseball team has now finished its regular season schedule, and with area playoffs beginning Thursday in Fairfield the Nuts look poised to make a run in the postseason. The Nuts (23-6) finished the regular season with eight wins in their final 10 games, including a 4-1 finish at the Reno Tournament to end the season.
The Nuts will begin tournament play at 7 p.m. Thursday against the Fairfield Expos before taking on the Yuba City Stripers at 1 p.m. Friday and Vallejo Post 550 at 4 p.m. Saturday.
All three opponents Chico will be facing are familiar foes, as the Nuts played all three teams in the Fairfield tournament to open the season. Chico defeated Fairfield 9-3 on May 28, Vallejo 8-2 on May 29 and Yuba City 9-6 on May 29 to win the tournament. The Nuts faced Vallejo once more June 4, defeating the team 8-4, and on June 28 the Nuts lost 5-3 to Yuba City.
The Nuts will look to get past the area playoffs for the first time since 2017, when Chico finished its season 37-8-1 and made it to regional playoffs in Denver. Since then Chico has not gotten out of the area playoffs, finishing 25-9-2 in 2021 after a COVID canceled summer in 2020, 15-14 in 2019 and 17-16 in 2018.
Nuts coach Brian Thomas, who has been with the team since 2008, compared this year’s team to teams of the Nuts that have made runs at state championships and gone even further. He said the key to this year’s team is the depth, but this year’s team and previous state championship teams have had ultimate buy-in amongst all players on the roster.
“What I mean by that is guys really wanted to compete and at a high level. They all want to win and when that happens and everyone gets on the same page it works really well,” Thomas said. “The last couple of years it’s been difficult in terms of all the way (through the roster) 1-18, and this year 15-18 are talented. When you have that depth it makes it a lot easier, especially when you’re in tournaments and playoffs.”
Thomas added that this year’s team has depth in its pitching, batting and defense, but said the depth on the mound has helped a lot.
“Piecing it all together together in a playoff atmosphere, trying to find the right formula for your arms is always a difficult task,” Thomas said. “The depth on the mound has helped us tremendously.”
Thomas and assistant coach Ryan Watson knew the team would be good when putting the names on paper to start the season, but for Thomas it clicked once the Nuts took first place in their own tournament on Father’s Day weekend in mid-June.
s
The youngest player on the Nuts’ team, Jackson Blakley, 17, has been in the Nuts’ organization since he was 8. He’s been on the Chico Suns, and the Chico Nuts 9-U and 12-U teams. Blakley joined the Nuts for the first part of last summer season, but ran into health issues. This season he returned at full strength and has been a huge boost for his team.
Blakley is tied for sixth on the team in plate appearances with 61, leads the team in RBIs with 27 and is second on the team in batting average at .509 behind Reed Alexander’s .600. His two home runs are tied for second best, his 22 runs scored are tied for second best and he’s struck out just twice.
Brady White leads the Nuts in home runs with four, as he is hitting .341 with 15 RBIs in 41 at-bats at the conclusion of the regular season.
As a team the Nuts have a combined average of .353 and in 29 games have scored 272 runs, an average of 9.37 runs per game.
Meanwhile the Nuts pitching has a combined average of 3.328, led by pitchers Caden Hendrickson and Kyle Kucich. Hendrickson has a 4-0 record in four starts, an 0.913 ERA and 21 strikeouts. Kucich has a 5-0 record in 23 2/3 innings pitched, a 1.479 ERA and has struck out 24, walking just six.
Six other pitchers have pitched 10 or more innings, and the Nuts have used a total of 21 different pitchers. As a team the Nuts pitchers have struck out 161 batters and walked 97 in 183 innings.
If the Nuts make it out of area playoffs for the first time since 2017, next up is state playoffs followed by regional playoffs, and the depth of this year’s team looks like it could make a run. | https://www.chicoer.com/2022/07/13/chico-nuts-depth-strength-of-team-ahead-of-in-area-playoffs/ | 2022-07-13T12:04:37Z | https://www.chicoer.com/2022/07/13/chico-nuts-depth-strength-of-team-ahead-of-in-area-playoffs/ | true |
Ukraine: Heavy Russian shelling kills 5 civilians, wounds 18
KYIV, Ukraine (AP) — Renewed Russian artillery barrages across Ukraine killed at least five civilians and wounded another 18 in the past day, the office of Ukraine’s president reported Wednesday as Moscow attempted to expand and consolidate its gains in the country’s east.
Most of the deaths occurred in Donetsk province, which is part of a region where pro-Russia separatists have fought for eight years and the Kremlin is intent on capturing. The city of Bakhmut faced particularly heavy shelling as the current focus of Russia’s offensive, Donetsk administrative chief Pavlo Kyrylenko said.
In adjacent Luhansk province, which Russian and separatist forces have all but conquered, Ukrainian soldiers battled to retain control of two outlying villages amid the shelling, Gov. Serhiy Haidai said.
Luhansk and Donetsk together make up Ukraine’s Donbas region, a mostly Russian-speaking region of steel factories, mines and other industries vital to the economy. The Russians are “deliberately turning Donbas into ashes, and there will be just no people left on the territories captured,” Haidai said.
Russian artillery also rained down in northeast Ukraine, where a regional governor, Oleg Syniehubov, accused Russian forces of trying to “terrorize civilians” in Kharkiv, the country’s second-largest city.
With Russia’s sights set on the east, the Ukrainian military has tried to reclaim captured city’s in the south. The Ukrainian military claimed Tuesday to have used missiles to destroy a Russian ammunition depot in occupied Nova Kakhovka, a city east of the Black Sea port of Kherson.
The precision of the depot strike suggested Ukrainian forces had employed U.S.-supplied multiple-launch High Mobility Artillery Rocket Systems, or HIMARS, a type of weapon for which the government in Kyiv repeatedly appealed.
Russia’s Tass news agency said the reported blast occurred when a mineral fertilizer storage facility exploded. Some of the ingredients in fertilizer can be used for ammunition.
Meanwhile, Ukrainian and Russian officials are expected to meet face-to-face Wednesday for the first time in months. Military delegations from the two countries and Turkey plan to hold talks in Istanbul on a potential deal to get grain out of Ukraine’s blockaded and mined ports.
United Nations representatives also were involved in the talks. Ukraine is one of the world’s largest exporters of wheat, corn and sunflower oil, but Russia’s invasion halted shipments, endangering food supplies in many developing countries and contributing to higher global prices.
In other developments:
— The leader of a Moscow-backed separatist government in eastern Ukraine’s Donetsk province said foreign fighters convicted of terrorism and trying to overturn constitutional order for working with Ukrainian troops have appealed their death sentences. If the appellate court in the separatists’ self-proclaimed Donetsk People’s Republic rejects the appeals, two British men and a Moroccan could face a firing squad. Rebel leader Denis Pushilin said about 100 members of Ukrainian National Guard battalion captured after the fall of the city of Mariupol were scheduled to appear before a court soon.
— The United Nations refugee agency reported that most Ukrainian refugees want to return to their country but plan to wait until the war subsides. Nearly two-thirds plan to stay put in their host countries for now. The vast majority of refugees from Ukraine are women and children. The U.N. agency’s findings came in a survey based on 4,900 interviews with refugees in the Czech Republic, Hungary, Moldova, Poland, Romania and Slovakia. Just under one in 10 of the Ukrainian refugees surveyed said they planned to move to another host country within the next month.
___
Jamey Keaten in Geneva contributed.
——
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.ktre.com/2022/07/13/ukraine-heavy-russian-shelling-kills-5-civilians-wounds-18/ | 2022-07-13T12:05:01Z | https://www.ktre.com/2022/07/13/ukraine-heavy-russian-shelling-kills-5-civilians-wounds-18/ | false |
COPENHAGEN, Denmark (AP) — The government on the small Faeroe Islands is proposing an annual catch limit of 500 white-sided dolphins on a provisional basis for 2022 and 2023, after last year's slaughter of more than 1,400 dolphins in a day led to international condemnation and local criticism.
The hunt in the North Atlantic islands is part of a four-century-old traditional drive of sea mammals into shallow water, where they are killed for their meat and blubber. It is not commercial and is authorized, but environmental activists claim it is cruel. Even people in the Faeroes who defend the traditional practice worried that the hunt would draw unwanted attention because it was far larger than previous ones and seemingly took place without the usual organization.
On Sunday, the government said that the capping measure was “in response to the unusually large catch” on Sept. 14, 2021. It added that the proposal is expected to be implemented as an executive order by July 25.
“Aspects of that catch were not satisfactory, in particular the unusually large number of dolphins killed,” the government said in a statement. This “is unlikely to be a sustainable level of catch on a long-term annual basis.”
Local media have reported that there were too many dolphins and too few people on the beach to slaughter them, sparking fear the slaughter would revive the discussion about the sea mammal drives and put a negative spin on the ancient tradition of the 18 rocky islands located halfway between Scotland and Iceland. They are semi-independent and part of the Danish realm.
Islanders usually kill up to 1,000 sea mammals — chiefly pilot whales — annually, according to data kept by the Faeroe Islands. In 2020, that included only 35 white-sided dolphins. White-sided dolphins and pilot whales are not endangered species.
Each year, islanders drive herds of the mammals into shallow waters. A blow-hole hook is used to secure the beached animals and their spine and main artery leading to the brain are severed with knives. The drives are regulated by law and the meat and blubber are shared on a community basis.
The Faeroese government said it “continues to base its policies and management measures on the right and responsibility of (its) people to utilize the resources of the sea sustainably. This also includes marine mammals, such as pilot whales and dolphins.”
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. | https://www.mynews13.com/fl/orlando/ap-top-news/2022/07/11/faeroese-put-a-cap-on-dolphin-hunt-after-huge-2021-kill | 2022-07-13T12:05:23Z | https://www.mynews13.com/fl/orlando/ap-top-news/2022/07/11/faeroese-put-a-cap-on-dolphin-hunt-after-huge-2021-kill | true |
In a shocking incident, an Indian couple that arrived from Vietnam on Wednesday was arrested and 45 guns worth over Rs 22 lakh from two trolley bags were seized. Commissioner of Customs, IGI Airport & General said. "They admitted their previous indulgence in smuggling 25 pieces of guns having a value of over Rs 12 lakh."
Check tweet:
Delhi | An Indian couple that arrived from Vietnam was nabbed & 45 guns worth over Rs 22 lakh from two trolley bags seized. They admitted their previous indulgence in smuggling 25 pieces of guns having a value of over Rs 12 lakh: Commissioner of Customs, IGI Airport & General pic.twitter.com/TvjNbJt5yA
— ANI (@ANI) July 13, 2022
(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter, Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.) | https://www.latestly.com/socially/india/news/delhi-an-indian-couple-that-arrived-from-vietnam-was-nabbed-45-guns-worth-over-rs-latest-tweet-by-ani-3944050.html | 2022-07-13T12:05:57Z | https://www.latestly.com/socially/india/news/delhi-an-indian-couple-that-arrived-from-vietnam-was-nabbed-45-guns-worth-over-rs-latest-tweet-by-ani-3944050.html | false |
President Biden heads to Mideast jittery about Iranian nuclear program
President Biden starts the first visit to the Middle East of his presidency with a monumental task: assuring uneasy Israeli and Saudi Arabian officials that he is committed to preventing Iran from becoming a nuclear power.
Related video above: White House Says Iran Plans To Give Russia Weapons-Capable Drones
Biden begins the visit Wednesday with a three-day stop in Israel, where officials say Iran’s quickly evolving nuclear program is at the top of their agenda for talks with the U.S. president. Biden made reviving the Iran nuclear deal, brokered by Barack Obama in 2015 and abandoned by Donald Trump in 2018, a key priority as he entered office.
But indirect talks for the U.S. to reenter the deal have stalled as Iran has made rapid gains in developing its nuclear program. That's left the Biden administration increasingly pessimistic about resurrecting the deal, which placed significant restrictions on Iran’s nuclear program in exchange for sanctions relief.
Shortly after his arrival in Israel on Wednesday, Biden is expected to get a briefing on the country’s new “Iron Beam” missile defense system and visit the Yad Vashem, a memorial to Holocaust victims. Besides meetings with Israeli and Palestinian officials, he’s slated to receive Israel’s Presidential Medal of Honor and visit with U.S. athletes taking part in the Maccabiah Games, which involve thousands of Jewish and Israeli athletes from around the globe.
Biden, in a Washington Post op-ed published Saturday, laced into Trump for quitting the nuclear deal that Britain, France, Germany, Russia, China and the European Union also signed onto. But Biden also suggested that he's still holding onto at least a sliver of hope that the Iranians will come back into compliance.
“My administration will continue to increase diplomatic and economic pressure until Iran is ready to return to compliance with the 2015 nuclear deal, as I remain prepared to do,” he wrote.
Israeli officials, who briefed reporters ahead of Biden's departure from Washington on Tuesday, said the U.S. and Israel would issue a broad-ranging “Jerusalem Declaration” that will take a tough stance on Iran’s nuclear program.
The declaration commits both countries to use “all elements of their national power against the Iranian nuclear threat,” according to an Israeli official who spoke on the condition of anonymity to preview the statement.
The official said the Israelis would stress to Biden their view that Iran has calculated "time is on their side” and is loath to give any concessions. The Biden administration's last round of indirect negotiations with Iran in Doha, Qatar, late last month ended without success.
Separately, Biden and Israeli Prime Minister Yair Lapid issued a joint statement on Wednesday announcing the two nations were launching a new strategic high-level dialogue on technology. The partnership is to focus on the use of emerging technologies, including artificial intelligence and other tech-based solutions, to take on global challenges such as pandemic preparedness and climate change.
The White House has also been frustrated with repeated Iran-sponsored attacks on U.S. troops based in Iraq, though the administration says the frequency of such attacks has dropped precipitously over the last two years. Tehran also sponsored the rebel Houthis in a bloody war with the Saudis in Yemen. A U.N.-brokered cease-fire has been in place for more than four months, a fragile peace in a war that began in 2015.
Separately, White House national security adviser Jake Sullivan on Monday said the administration believes Russia is turning to Iran to provide it with hundreds of unmanned aerial vehicles, including weapons-capable drones, for use in its ongoing war in Ukraine.
The Saudis, like the Israelis, have been frustrated that the White House has not abandoned efforts to revive the nuclear deal with Tehran. Biden heads to the Saudi port city of Jeddah on Friday to meet with King Salman and the Crown Prince Mohammed bin Salman, who is widely known by his initials MBS, and to attend a gathering of the Gulf Cooperation Council, where Iran's nuclear program is on the agenda.
Also looming over the Saudi visit is the president's strained relationship with the crown prince.
As a White House candidate, Biden, a Democrat, said he would look to make the kingdom a “pariah” nation over its human rights abuses. The relationship was further strained when Biden last year approved the release of a U.S. intelligence report that determined that MBS likely approved the 2018 killing of U.S.-based journalist Jamal Khashoggi.
The president will arrive in Saudi Arabia, among the world's biggest oil producers, at a moment of skyrocketing gas and food prices around the globe — driven, in part, by Russia's invasion of Ukraine. White House officials and energy analysts say there are low expectations that the Saudis or fellow members of OPEC+ will deliver relief.
Another factor in seeking a détente in the Saudi relationship is growing concern in the administration that the Saudis could move closer to China and Russia amid strains with the United States.
Aaron David Miller, a senior fellow at the Carnegie Endowment for International Peace and former U.S. State Department official, said Biden is looking forward to visiting Saudi Arabia “like I would look forward to a root canal operation.”
“You’ve got a president who is terribly conflicted about this meeting," Miller said. "He can’t even acknowledge, in all of his public remarks, that he’s even going to meet with Mohammed bin Salman.”
But Israeli officials are cautiously optimistic that the Biden visit could be a breakthrough moment on a slow path toward normalizing relations between Israel and Saudi Arabia. Biden will be the first U.S. president to travel directly from Israel to Saudi Arabia, and the two nations' shared enmity for Iran has led to subtle cooperation.
Earlier this week, opposition leader Benjamin Netanyahu praised the crown prince's “contribution” to the Abraham Accords, declarations of diplomatic and economic normalization signed by Bahrain, Israel, the United Arab Emirates and the United States while Netanyahu was prime minister.
Israel is expected to hold new elections in the fall after the fragile coalition government led by Naftali Bennett crumbled last month.
___
Federman and Madhani reported from Jerusalem. Associated Press writer Chris Megerian in Washington contributed to this report. | https://www.4029tv.com/article/president-biden-visits-mideast/40599712 | 2022-07-13T12:09:44Z | https://www.4029tv.com/article/president-biden-visits-mideast/40599712 | true |
Three Months Ended May 31, 2022
- Net income of $8 million and Adjusted EBITDA(1) of $153 million
- Cash flows from operations up 58% compared to first quarter 2021
- Sold four aircraft and other flight equipment for proceeds of $58 million and a gain on sale of $4 million
- Purchased one new Embraer E2 aircraft leased to KLM Cityhopper with a further Embraer E2 aircraft purchased and delivered to the airline in June
- Customer collections for the first quarter represented 101% of lease rental and direct financing and sales-type lease revenues
- Maintenance and other revenue included $25 million of payments on letters of credit from our former Russian lessees
- Interest expense down 13% compared to first quarter 2021, primarily due to repayments and lower cost of capital
Liquidity
- Extended and upsized one of our unsecured revolving credit facilities by $50 million
- As of July 1, 2022, total liquidity of $1.9 billion includes $1.2 billion of undrawn credit facilities, $0.2 billion of unrestricted cash, $0.1 billion of contracted asset sales, and $0.4 billion of projected adjusted operating cash flows through July 1, 2023
- We have 210 unencumbered aircraft with a net book value of $5.3 billion
STAMFORD, Conn., July 13, 2022 /PRNewswire/ -- Mike Inglese, Aircastle's Chief Executive Officer, commented, "Demand for air travel continues to be strong despite challenges posed by supply chain disruptions, and concerns over inflation and fuel prices. We're seeing some improvement in Asian markets that had been lagging. We also expect travel to benefit from continued easing of restrictions, such as the United States now dropping its testing requirements for incoming international flights."
Mr. Inglese concluded, "We have strengthened our liquidity profile this quarter, better positioning us to move forward with strategic, new-technology investments. Our favorable credit rating, along with the opportunities afforded by our unique ownership arrangement with the Marubeni Corporation and Mizuho Leasing have us excited for disciplined future growth."
Aviation Assets
As of May 31, 2022, Aircastle owned 241 aircraft and other flight equipment having a net book value of $6.4 billion. We also manage nine aircraft with a net book value of $295 million on behalf of our joint venture with Mizuho Leasing.
Conference Call
In connection with this press release, management will host a conference call on Wednesday, July 13, 2022, at 9:00 A.M. Eastern Time. All interested parties are welcome to participate on the live call. The conference call can be accessed by dialing (800) 458-4121 (from within the U.S. and Canada) or (786) 789-4772 (from outside of the U.S. and Canada) ten minutes prior to the scheduled start and referencing the passcode "6552351".
A simultaneous webcast of the conference call will be available to the public on a listen-only basis at www.aircastle.com. Please allow extra time prior to the call to visit the site and download the necessary software required to listen to the internet broadcast.
For those who are not available to listen to the live call, a replay will be available until 12:00 P.M. Eastern Time on Saturday, August 13, 2022, by dialing (888) 203-1112 (from within the U.S. and Canada) or (719) 457-0820 (from outside of the U.S. and Canada); please reference passcode "6552351".
About Aircastle Limited
Aircastle Limited acquires, leases and sells commercial jet aircraft to airlines throughout the world. As of May 31, 2022, Aircastle owned and managed on behalf of its joint ventures 250 aircraft leased to 74 customers located in 44 countries.
Safe Harbor
All statements in this press release, other than characterizations of historical fact, are forward-looking statements within the meaning of the federal securities laws, including the Private Securities Litigation Reform Act of 1995. Examples of forward-looking statements include, but are not necessarily limited to, statements relating to our proposed public offering of notes and our ability to acquire, sell, lease or finance aircraft, raise capital, pay dividends, and increase revenues, earnings, EBITDA and Adjusted EBITDA and the global aviation industry and aircraft leasing sector. Words such as "anticipates," "expects," "intends," "plans," "projects," "believes," "may," "will," "would," "could," "should," "seeks," "estimates" and variations on these words and similar expressions are intended to identify such forward-looking statements. These statements are based on our historical performance and that of our subsidiaries and on our current plans, estimates and expectations and are subject to a number of factors that could lead to actual results materially different from those described in the forward-looking statements; Aircastle can give no assurance that its expectations will be attained. Accordingly, you should not place undue reliance on any such forward-looking statements which are subject to certain risks and uncertainties that could cause actual results to differ materially from those anticipated as of the date of this press release. These risks or uncertainties include, but are not limited to, those described from time to time in Aircastle's filings with the SEC and previously disclosed under "Risk Factors" in Item 1A of Aircastle's most recent Form 10-K and any subsequent filings with the SEC. In addition, new risks and uncertainties emerge from time to time, and it is not possible for Aircastle to predict or assess the impact of every factor that may cause its actual results to differ from those contained in any forward-looking statements. Such forward-looking statements speak only as of the date of this press release. Aircastle expressly disclaims any obligation to revise or update publicly any forward-looking statement to reflect future events or circumstances.
We define EBITDA as income (loss) from continuing operations before income taxes, interest expense, and depreciation and amortization. We use EBITDA to assess our consolidated financial and operating performance, and we believe this non-U.S. GAAP measure is helpful in identifying trends in our performance.
This measure provides an assessment of controllable expenses and affords management the ability to make decisions which are expected to facilitate meeting current financial goals, as well as achieving optimal financial performance. It provides an indicator for management to determine if adjustments to current spending decisions are needed.
EBITDA provides us with a measure of operating performance because it assists us in comparing our operating performance on a consistent basis as it removes the impact of our capital structure (primarily interest charges on our outstanding debt) and asset base (primarily depreciation and amortization) from our operating results. Accordingly, this metric measures our financial performance based on operational factors that management can impact in the short-term, namely the cost structure, or expenses, of the organization. EBITDA is one of the metrics used by senior management and the Board of Directors to review the consolidated financial performance of our business.
We define Adjusted EBITDA as EBITDA (as defined above) further adjusted to give effect to adjustments required in calculating covenant ratios and compliance as that term is defined in the indenture governing our senior unsecured notes. Adjusted EBITDA is a material component of these covenants.
Contact:
Aircastle Advisor LLC
Jim Connelly, SVP ESG & Corporate Communications
Tel: +1-203-504-1871
jconnelly@aircastle.com
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SOURCE Aircastle Limited | https://www.wafb.com/prnewswire/2022/07/13/aircastle-announces-first-quarter-2022-results/ | 2022-07-13T12:10:15Z | https://www.wafb.com/prnewswire/2022/07/13/aircastle-announces-first-quarter-2022-results/ | false |
TUCSON, Ariz. (KGUN) — We have heat, we have increasing moisture, but little flow to push storms off mountain tops.
Expect more of the same, daily storms with a 20 to 30% chance of moving into the valleys.
A little boost in moisture over the weekend could bring an increase in daily storm chances by early next week.
Highs will likely drop back to the upper 90s if that happens!
Meteorologist April Madison
MORE WEATHER
WEATHER STATS AND FACTS | https://www.kgun9.com/weather/forecast/todays-forecast/hot-with-daily-storm-chances-holding-on | 2022-07-13T12:11:22Z | https://www.kgun9.com/weather/forecast/todays-forecast/hot-with-daily-storm-chances-holding-on | true |
TORONTO, July 13, 2022 /PRNewswire/ - Purity- IQ is pleased to announce that esteemed scientist Dr. Henry J. Stronks, FCIC has joined the organization's executive team as Chief Science Officer.
Dr. Stronks comes to Purity-IQ with more than 35 years of experience in the field of scientific analytical instrumentation, specializing in nuclear magnetic resonance (NMR).
"Dr. Stronks is a well known authority on NMR. His deep knowledge and experience is a huge asset to our organization and will help advance our brand integrity and protection efforts," says Deleo de Leonardis, Co-Founder and CEO at Purity-IQ. "To have him join our team is truly a coup and demonstrates our commitment to providing our clients and their consumers with trusted, authentic products."
Dr. Stronks completed a Ph.D. at the Guelph Waterloo Centre for Graduate Work in Chemistry. He went on to work for Bruker Canada Ltd., a global leader in high-value life science research and diagnostic solutions, where he served in several senior roles before being appointed President in 2008. In 2016 he took on an additional role of Global Head of Sales for Bruker's Applied, Industrial and Clinical division. Dr. Stronks is the recipient of numerous awards and recognitions including being named as a Fellow of the Canadian Institute of Chemistry in 2020, and being honoured by the Society of Chemical Industry, by the Royal Society of Chemistry based in London, UK for his work in liaising business and science.
"I am excited to be joining the Purity-IQ team. The mission to ensure sound science in product labelling and marketing is one that is so important and of particular interest to me as a professional that has strived to introduce science to business across Canada and globally," says Stronks. "I look forward to working with Purity-IQ and know that consumers and brands alike will benefit from better industry practices that are proven and can be verified and substantiated."
Purity-IQ is a Canada-based company that works with brands to correctly identify and verify product ingredients so that consumers can have confidence and trust in their use. The company's Mission is to enhance brand integrity and develop intellectual property through science-based solutions focused on product identity, consistency, and authenticity. It aims to one day give all consumers full transparency, trust, and confidence in all the products they use.
For more information visit: www.purity-iq.com
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SOURCE Purity-IQ Incorporated | https://www.wbrc.com/prnewswire/2022/07/13/dr-henry-j-stronks-joins-purity-iq-chief-science-officer/ | 2022-07-13T12:12:10Z | https://www.wbrc.com/prnewswire/2022/07/13/dr-henry-j-stronks-joins-purity-iq-chief-science-officer/ | true |
Hole C22-200 – Gran Bestia
- 0.70 g/t gold equivalent over 144 metres from 206m – one of six significant intercepts in -45 degree hole
- Extends higher grade Gran Bestia breccia to the north – mineralization remains open in this direction
- Extends mineralization 100m below PEA resource estimate constraining pit shell
- Significantly higher grade than predicted by PEA resource estimate model
Hole C22-199 – Cangrejos
- 0.96 g/t gold equivalent over 88 metres from 22m – one of four significant intercepts in -50 degree hole
- Extends mineralization at Cangrejos to the north and northwest – mineralization remains open in these directions
- Higher grade than predicted by PEA resource estimate model
VANCOUVER, BC, July 13, 2022 /PRNewswire/ - Lumina Gold Corp. (TSXV: LUM) (OTCQX: LMGDF) (the "Company" or "Lumina") is pleased to announce results from ten drill holes at its Cangrejos project (the "Project") in Ecuador. Six of the reported drill holes are from Cangrejos and four are from Gran Bestia (see Table 1). To date, eighty-eight drill holes have been completed and five drill holes are in progress, totalling 31,000 metres of resource definition drilling. Resource drilling is estimated to be completed by the end of August.
Hole C22-199 was drilled on the northeastern margin of the deposit and intercepted 88m from 22m down the hole grading 0.75 g/t gold and 0.14% copper, for 0.96 g/t Au Eq., in sodic-altered breccias with tourmaline and mineralized with chalcopyrite, pyrrhotite and pyrite. Including intervals above and below this, a total of 182 metres exceeding the cut-off grade were drilled in the uppermost 252m from surface in hole C22-199 (see Table 1). This hole extends the north and northeastern margin of the Cangrejos deposit and, in addition, it contains grades that significantly exceed those predicted by the PEA resource estimate.
Holes C22-197 and C22-205 were drilled along the northwestern margin of the Cangrejos deposit and grades were typical of those encountered in this area, including 54 metres from surface grading 0.40 g/t gold and 0.11% copper, for 0.56 g/t Au Eq. Holes C22-201, C22-204 and C22-206 were drilled in the south and southwestern margin of Cangrejos and all holes contained intercepts reported in Table 1, including hole C22-204, that intersected 208 metres from 88 metres down the hole grading 0.31 g/t gold and 0.06% copper, for 0.39 g/t Au Eq. This intercept exceeded the grades predicted by the PEA resource estimate model.
At Gran Bestia, hole C22-200 intersected 144m grading 0.59 g/t gold with 0.07% copper for a gold equivalent of 0.70 g/t gold from 206 metres down the hole and, furthermore, in its upper part it intersected 10m grading 0.98 g/t gold with 0.03% copper for a gold equivalent of 1.03 g/t gold from 132m down the hole. This -45 degree hole targeted an area below the northern wall of the PEA resource constraining pit and adds volume and continuity to the higher grade breccia body in this area.
Also at Gran Bestia, hole C22-202 intersected 94.4 metres grading 0.49 g/t gold with 0.07% copper for a gold equivalent of 0.59 g/t gold from just two metres down the hole. This intercept occurred in the eastern contact area between the mineralizing porphyry and batholith host and the result is expected to extend the Gran Bestia pit in that direction, towards Cangrejos. Also, hole C22-202 contained significantly higher grades than those predicted by the PEA resource estimate. Holes C22-198 and C22-203 were drilled along the south and southeastern margins of the deposit and generally encountered grades typical of this area.
Note: Intervals in the reported holes are calculated using a cut-off of 0.2 g/t Au with maximum internal dilution of ten continuous metres. Sampling is done in consistent, continuous 2-metre intervals. The highest gold value used in the reported weighted averages is 4.67 g/t Au. In addition to the above results there were multiple intercepts of lower-grade material in the drill holes. Equivalent values were calculated using Gold equivalent calculations assume 100% recovery of all quoted metals and the following prices were used: a gold price of US$1,500 per ounce, a copper price of US$3.00 per pound, a molybdenum price of US$7.00 per pound and a silver price of US$18.00 per ounce.
All Lumina sample assay results have been independently monitored through a quality control / quality assurance ("QA/QC") program that includes the insertion of blind standards, blanks and pulp and reject duplicate samples. Logging and sampling are completed at Lumina's secure facility located at the Cangrejos Project. Drill core is sawn in half on site and half drill-core samples are securely transported to either Bureau Veritas Labs' (BV) or ALS Labs' ("ALS") sample preparation facilities in Quito, Ecuador. Sample pulps are sent to BV's or ALS' chemical labs in Lima, Peru for analysis. Gold content is determined by fire assay of a 30 gram charge with total copper content determined by four-acid digestion with ICP finish. Both labs are independent from Lumina.
Lumina is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data referred to herein.
Leo Hathaway, P.Geo., Senior Vice President of Lumina and the Qualified Person as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects for the Cangrejos Project has reviewed, verified and approved the contents of this news release and has verified the data underlying the contents of this news release.
Lumina Gold Corp. (TSXV: LUM) is a Vancouver, Canada based precious and base metals exploration and development company focused on the Cangrejos Gold-Copper Project located in El Oro Province, southwest Ecuador. Cangrejos is being advanced to a Pre-Feasibility Study and is the largest primary gold deposit in Ecuador. Lumina has an experienced management team with a successful track record of advancing and monetizing exploration projects.
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Further details are available on the Company's website at https://luminagold.com/. To receive future news releases please sign up at https://luminagold.com/contact.
LUMINA GOLD CORP.
Signed: "Marshall Koval"
Marshall Koval, President & CEO, Director
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.
Certain statements and information herein, including all statements that are not historical facts, contain forward-looking statements and forward-looking information within the meaning of applicable securities laws. Such forward-looking statements or information include but are not limited to statements or information with respect to the completion of the drill program by August. Often, but not always, forward-looking statements or information can be identified by the use of words such as "will" or "projected" or variations of those words or statements that certain actions, events or results "will", "could", "are proposed to", "are planned to", "are expected to" or "are anticipated to" be taken, occur or be achieved.
With respect to forward-looking statements and information contained herein, the Company has made numerous assumptions including among other things, assumptions about general business and economic conditions, the prices of gold and copper, and anticipated costs and expenditures. The foregoing list of assumptions is not exhaustive.
Although management of the Company believes that the assumptions made and the expectations represented by such statements or information are reasonable, there can be no assurance that a forward-looking statement or information herein will prove to be accurate. Forward-looking statements and information by their nature are based on assumptions and involve known and unknown risks, uncertainties and other factors which may cause the Company's actual results, performance or achievements, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. These factors include, but are not limited to: risks associated with the business of the Company; business and economic conditions in the mining industry generally; the supply and demand for labour and other project inputs; changes in commodity prices; changes in interest and currency exchange rates; risks relating to inaccurate geological and engineering assumptions (including with respect to the tonnage, grade and recoverability of reserves and resources); risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters); risks relating to adverse weather conditions; political risk and social unrest; changes in general economic conditions or conditions in the financial markets; and other risk factors as detailed from time to time in the Company's continuous disclosure documents filed with Canadian securities administrators. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
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SOURCE Lumina Gold Corp. | https://www.wbrc.com/prnewswire/2022/07/13/drilling-continues-expand-gran-bestia-higher-grade-breccia-north-extends-mineralization-cangrejos-north-northeast/ | 2022-07-13T12:12:16Z | https://www.wbrc.com/prnewswire/2022/07/13/drilling-continues-expand-gran-bestia-higher-grade-breccia-north-extends-mineralization-cangrejos-north-northeast/ | false |
HOUSTON, July 13, 2022 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce the following recent activity in its private loan portfolio. During the second quarter of 2022, Main Street originated approximately $187.3 million in new commitments in its private loan portfolio across six new and three existing borrowers and funded total investments across its private loan portfolio with a cost basis totaling approximately $182.1 million.
The following represent notable new and increased private loan commitments and investments during the second quarter of 2022:
- $29.6 million in a first lien senior secured loan and $3.6 million in a first lien senior secured revolver to a health focused company specializing in dietary supplements;
- $17.0 million in a first lien senior secured loan, $3.7 million in a first lien senior secured revolver and $10.5 million in a first lien senior secured delayed draw loan to a provider of media intelligence solutions software;
- $26.8 million in a first lien senior secured loan and $4.2 million in a first lien senior secured revolver to a provider of solutions for managing software-as-a-service applications;
- $16.4 million in a first lien senior secured loan and $2.6 million in a first lien senior secured revolver to a defense contractor providing engineering and technical services to government agencies;
- $17.8 million in a first lien senior secured loan and $1.2 million in a first lien senior secured delayed draw loan to a managed security provider offering cyber security and network monitoring to multi-site businesses;
- $6.2 million in a first lien senior secured loan, $1.2 million in a first lien senior secured revolver and $9.2 million in a first lien senior secured delayed draw loan to a case and program management software business for social organizations;
- Increased commitments of $13.5 million in a first lien senior secured loan to a manufacturer and distributor of charitable gaming supplies;
- Increased commitments of $12.9 million in a first lien senior secured loan to a provider of emergency and disaster response, facility management and environmental services to corporate clients across the United States and Canada; and
- Increased commitments of $10.9 million in a first lien senior secured loan to a healthcare logistics and courier service company.
As of June 30, 2022, Main Street's private loan portfolio included total investments at cost of approximately $1.3 billion across 82 unique borrowers. The private loan portfolio, as a percentage of cost, included 95.5% invested in first lien debt investments, 0.4% invested in second lien debt investments and 4.1% invested in equity investments or other securities.
Main Street (www.mainstcapital.com) is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market investment strategy. Main Street's lower middle market companies generally have annual revenues between $10 million and $150 million. Main Street's middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies.
Main Street, through its wholly owned portfolio company MSC Adviser I, LLC ("MSC Adviser"), also maintains an asset management business through which it manages investments for external parties. MSC Adviser is registered as an investment adviser under the Investment Advisers Act of 1940.
Contacts:
Main Street Capital Corporation
Dwayne L. Hyzak, CEO, dhyzak@mainstcapital.com
Jesse E. Morris, CFO and COO, jmorris@mainstcapital.com
713-350-6000
Dennard Lascar Investor Relations
Ken Dennard | ken@dennardlascar.com
Zach Vaughan | zvaughan@dennardlascar.com
713-529-6600
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SOURCE Main Street Capital Corporation | https://www.wafb.com/prnewswire/2022/07/13/main-street-announces-second-quarter-2022-private-loan-portfolio-activity/ | 2022-07-13T12:13:02Z | https://www.wafb.com/prnewswire/2022/07/13/main-street-announces-second-quarter-2022-private-loan-portfolio-activity/ | true |
Seoul: South Korean President Yoon Suk-yeol vowed on Wednesday to establish reserve forces for
cyber warfare to better respond to growing
cyber threats.
Yoon made the remark during a ceremony marking the 11th
Information Security Day, which was designated by law in 2012 to enhance the protection of personal information, Yonhap news agency reported.
"As the digital transformation accelerates, so too are cyber threats increasing," he said at Pangyo Techno Valley in Seongnam, just south of Seoul.
"
Cyber attacks occur indiscriminately without distinguishing between the private and public sectors and threaten everything from infrastructure to ordinary citizens," he added.
Yoon pledged to launch "
cyber reserve forces" composed of both the civil and government sectors to strengthen the country's capacity to conduct cyber warfare.
The President also vowed to address the shortage in cyber personnel by expanding related courses in universities and graduate schools and fostering a 100,000-strong workforce, including 40,000 new personnel. | https://telecom.economictimes.indiatimes.com/news/s-korean-prez-vows-to-establish-cyber-warfare-reserve-forces/92849140 | 2022-07-13T12:14:18Z | https://telecom.economictimes.indiatimes.com/news/s-korean-prez-vows-to-establish-cyber-warfare-reserve-forces/92849140 | true |
President, Co-Founder of AMIBA Consulting.
Celebrity Owned Vs. Celebrity Backed
Two years ago, Kylie Jenner shook the world when she was announced as the world’s first self-made billionaire. While some argued that her wealth was not self-made because of the influence of her family, it’s inarguable that her company Kylie Cosmetics has brought her a fortune, a name of her own and a passionate income stream that will sustain her for many years to come. Selling out almost immediately upon launching her makeup line, there’s no doubt that her image and celebrity assisted in the marketing efforts of her business. While not the first, it is one of the most notable instances of a celebrity launching their own brand.
Celebrity-owned brands are evidence of a few key things. For starters, most celebrities are creative by nature and therefore have many different interests. For many, they will endorse a company with mutually aligned products or services. For others, their passion goes deeper, and they decide that they want to start a company of their own—with control over the decision making and direction.
The other method is to have a brand ambassador or spokesperson. Roundhouse Provisions, with Chuck Norris as its spokesperson, is a disaster preparedness company that created an emergency food supply that lasts 25 years. While most people consider food supply for natural disasters such as floods and hurricanes, the current Covid-19 pandemic has brought to light the need for families to be prepared for all types of scenarios. Chuck Norris has given his coveted seal of approval for this brand.
When contemplating a celebrity-backed or celebrity-owned business, it’s important to consider a few things. First and foremost, it’s important to make sure that the celebrity connects deeply with the product audience and that they are a believable advocate. Secondly, is the relationship and product relevant to the current marketplace? Will it remain profitable once the celebrity hype has dwindled? And lastly, does this brand engage with social change? Today, businesses no longer survive based solely on product. Celebrities and consumers are looking for a story, and it’s important to have one.
Why Celebrity Brands Work
Celebrities have already amassed large followings of fans and supporters, most of whom naturally share a lot of their beliefs. Because most celebrities have such a massive reach, most of them do not always need the big traditional marketing budgets for commercials and ads. Instead, most rely on the influence that the talent has on their audience. The trend toward influencer marketing works well within the product industry because consumers tend to trust the people they follow on social media. Their like-mindedness allows for easy access to large groups of a specific target market. Gwyneth Paltrow, for example, has always been revered for her youthful glow, dedication to health and genuine laid-back personality. Because of these associations with her name, her company Goop has a consumer base filled with customers that not only respect and adore its owner but that trust the product because of this relationship.
Although celebrity/influencer marketing is quickly becoming a go-to for companies, celebrity-owned businesses can see an even better return from traditional marketing campaigns than other companies due to the inherent excitement. They launch with a high number of sales right from the start. When people see a face like Chuck Norris, the likelihood of them clicking on the ad is significantly higher. All in all, celebrity-owned brands have a leg up when it comes to marketing initiatives because the general public is drawn to the familiarity of the celebrities’ likeness.
How To Get Involved
Getting a celebrity involved in an already existing idea can be tricky. In a world where endorsements are constantly sought after, it’s crucial to stand out. Unless you already have a direct connection to the celebrity or can be referred to them, it’s important to find a respected agency to work with to reach out in an official and professional manner.
When approaching agencies, be sure to come to the table with an excellent pitch prepared. It’s imperative to be confident in your brand and the impact it can have. Knowing the potential excitement, audience and story that your product or brand can foster helps the search for a spokesperson or celebrity partner. If there is a coherent message or social focus, celebrities become more compelled to speak on behalf of the brand.
When you are excited, you will inspire your representation to get excited about your brand and bring about even better opportunities and connections.
Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify? | https://www.forbes.com/sites/forbesbusinesscouncil/2022/07/13/the-power-of-celebrity-brands/ | 2022-07-13T12:19:57Z | https://www.forbes.com/sites/forbesbusinesscouncil/2022/07/13/the-power-of-celebrity-brands/ | true |
Firm brings on pioneer in the space to launch new capability
BOSTON, July 13, 2022 /PRNewswire/ -- Acadian Asset Management announced plans to introduce a systematic credit capability to serve clients' growing demand and has hired Scott Richardson as Director, Systematic Credit to lead this effort.
Mr. Richardson will build out and lead a team of portfolio managers, researchers, traders, and support personnel focused on this new initiative, with plans to seed the first strategies in 2023. This work will initially focus on corporate credit-based strategies including high yield corporate, investment grade corporate, and credit long-short. Said Chief Investment Officer Brendan Bradley, "We believe these fixed income strategies most closely resemble the equity strategies we manage today and will benefit from our existing expertise in data analysis, signal construction, and trading."
He added, "Scott has had a stellar professional and academic career focused on systematic investing. We have long been familiar with his published research, and we are thrilled to have him on the team contributing directly to our work."
Mr. Richardson has over 15 years of experience in leading both systematic equity and credit investing at BGI/BlackRock and AQR. He has over 25 years of experience in academia at various top-tier institutions, most recently at the London Business School.
Acadian cited changing bond market dynamics (including increases in electronic bond trading and data availability), alignment with their core capabilities, and investor demand as the primary drivers behind their strategy to enter systematic credit. Said Chief Executive Officer Ross Dowd, "We believe incremental investment in our research and resources towards credit will provide differentiated fixed income strategies for our clients. We continue to see investor demand for systematic strategies offering consistent returns paired with clarity around return drivers."
Mr. Richardson previously worked as a researcher and portfolio manager at AQR, with a focus on credit and fixed income markets, and has held senior positions at BlackRock (Barclays Global Investors), including head of Europe Equity Research and Head of Global Credit Research. He is also a Professor at London Business School, where he teaches M.B.A. and Ph.D. classes. Scott began his career as an Assistant Professor at the University of Pennsylvania. He is an editor of the Review of Accounting Studies and has published extensively in leading academic and practitioner journals. In 2009, he won the Notable Contribution to Accounting award for his work on earnings quality and accruals. Scott earned a B.Ec. with first-class honors from the University of Sydney and a Ph.D. in Business Administration from the University of Michigan.
Acadian Asset Management LLC invests on behalf of pension funds, endowments, governments, foundations and other institutional investors, with US$109.4 billion in assets under management globally, as of 31 March 2022. The firm uses an innovative array of disciplined, systematic investment techniques across stock-specific, macro, and peer forecasting models. Acadian offers systematic macro, ESG, alternative alpha, managed volatility, and long-only strategies, including emerging markets, small-cap, and international equity. Acadian has affiliated offices in London, Sydney, and Singapore.
Media Contact:
Kayce D'Onofrio
646-818-9247
kdonofrio@prosek.com
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SOURCE Acadian Asset Management LLC | https://www.1011now.com/prnewswire/2022/07/13/acadian-announces-systematic-credit-initiative/ | 2022-07-13T12:22:03Z | https://www.1011now.com/prnewswire/2022/07/13/acadian-announces-systematic-credit-initiative/ | true |
In the Faroe Islands, a remote nation of 50,000 people in the north Atlantic, every village and settlement has a football pitch. The pitches are pristine, regardless of the size of settlement, whether it is a suburb of the capital, Torshavn, or a village of 200 people. While having professional infrastructure to train supports wider player development, it does not guarantee that more players who take to the field will succeed professionally. In 2021, there were 14 Faroese nationals playing professionally. In another assessment, less than 1% of players, on average, will ever be remunerated for playing. But that return on investment, where better infrastructure leads to more players, is not the sole justification for having these pitches everywhere. Access to the best facilities possible is about more than developing profitable talent. A simple right to play and a desire to provide the best facilities to do so take precedent.
The Faroe Islands also boasts a world class music school in the capital, Torshavn. At the same time kids are kicking balls into nets, many are also experimenting with singing, playing an instrument or dancing. But unlike sport, students have to get to the music school from across the Faroe’s islands. There are no other branches in the country.
Sport and music share many similarities. Superstars are lauded, treated as icons and role models and celebrated for where they from and where they are going. Competitive football matches and large music concerts are sought after and bring together a diversity of people to share a single experience, be it supporting a particular team or appreciating an artist. Winning a championship or seeing one’s favourite artist can provide equal euphoria. Attending a Derby, or going to Glastonbury, can be a pilgrimage for the diehards.
Playing in an ensemble is much like being on a sports team. It requires playing one’s part, following specifically agreed rules, listening to teammates and reacting to what is around you. Music, like sports, is accessible to anyone who wishes to engage. There are few barriers to entry at its most basic level. Yet, access to sport is built into how we think about and develop people and places. Schools prioritise STEAM (science, technology, engineering, arts and maths) over STEM (science, technology, engineering and maths, without the arts), including physical activity, due to its agreed benefits, is never questioned. There is an acceptance that sporting facilities are a necessity for everyone, regardless of how often or rarely they are used.
Cities, places and neighbourhoods are designed, planned and constructed to accommodate sport. Playgrounds, football pitches or other sporting grounds are built close to residential developments to encourage play. On the professional end, massive facilities are built to house teams that may only use the site a dozen times a year, such as with American football which plays 8 home games per season not including the playoffs should the home team make it that far. Most schools have a sporting ground of some sort. Physical education, which involves trialling numerous sports as one matures is part of most curricula. Equipment is provided, from basketball hoops to footballs to facilitate engagement. And while a miniscule number of those who engage with sports ever pursue it professionally, that does not matter. What matters is the opportunity given to play and access to facilities to do so.
In contrast to sport, music is bolted on, rather than built into communities. Homes are often built acoustically without recognition of the neighbours, and in many cases, as with higher density apartments in town centres, the neighbour can be a music venue or bar and such close proximity leads to noise, annoyance and conflict. Engaging in live music, be it as a performer or fan, often requires travel. We centralise music and other forms of culture into districts in one particular part of town rather than spread it across the wider urban development. Music in schools is often restricted to what instrument is available or the genres being taught or the ability to pay for private lessons. Like sport, very few that engage with music will ever succeed professionally. But unlike access to sport where great success is also unlikely, this reality is often presented as a reason to not invest in music, as if every one who picks up an instrument must pursue it professionally and provide a ‘return on investment’.
The U.K. does not have a national music strategy outside of in school music education. One was initiated before the pandemic but was stopped when staffers at the Department of Culture, Media and Sport (DCMS) were reassigned to administer relief programs. Neither does the Faroe Islands. Both countries have robust sport strategies, funding packages and in the UK, a lottery to fund access to sport. Some music education in the U.K funding has been cut by 50% over the last year, while sport funding continues to increase. For every football superstar, there are tens of thousands of kids who play grow up with a passion for the sport, but never pursue it professionally. For every Harry Styles, there are a similar number of people who see music the same way, incorporating it into their lives with the understanding that there will never be any professional aspirations fulfilled. But the amount of resources dedicated to finding and developing the next Marcus Rashford is far greater than finding and developing the next Ed Sheeran.
Like Marcus Rashford, Ed Sheeran started on a pitch; in his case, it was a busking pitch. However, these pitches, despite their value to our economic and social development, are few and far between. Changing this, treating music like we do sport, is sound investment. The plan is there, demonstrated through every football pitch, in every community. Just look at the Faroes for inspiration. | https://www.forbes.com/sites/shainshapiro/2022/07/13/how-do-we-make-our-music-economy-richer-treat-music-like-sports/ | 2022-07-13T12:23:05Z | https://www.forbes.com/sites/shainshapiro/2022/07/13/how-do-we-make-our-music-economy-richer-treat-music-like-sports/ | true |
Acquisition is a key step in AHF Products' growth strategy & expands U.S. manufacturing footprint to 10 facilities stateside
MOUNTVILLE, Pa., July 13, 2022 /PRNewswire/ -- AHF Products announced today that it has received bankruptcy court approval to purchase certain assets of Armstrong Flooring, Inc., strengthening AHF Products' leadership position in resilient flooring solutions and adding another gear to its expanding commercial market business. The purchase includes the purchase and operation of three U.S. manufacturing facilities, in Lancaster and Beech Creek, PA and in Kankakee, IL.
"Our investments in new brands, products and capabilities, both organically and through acquisitions, has fueled our growth. Our strategic acquisitions have been a key driver in expanding both our reach and product offering to provide our customers with industry-leading commercial and residential products, including hardwood, resilient and laminate. That is, and will continue to be, our strategy moving forward," said Brian Carson, President and CEO, AHF Products. "Our ongoing commitment is to create products that bring more value to our customers, across categories."
Since its inception, AHF Products has grown rapidly in both the residential and commercial flooring segments by innovating and broadening its product offerings through its world class brands, manufacturing capabilities and channels of distribution.
"Our stable of top brands allows us to bring our channel partners the right style, value, innovation and marketing to enable them to differentiate themselves and grow market share. We will continue to be a leader and a one-stop-shop for our customers," said Carson.
AHF Products continues to invest in U.S. manufacturing and this purchase expands AHF Products' domestic footprint, enhancing the company's customer base, production efficiencies and logistical capabilities. Ten U.S. facilities mean sustaining American manufacturing jobs and boosting local economies. Further, the company's domestic production capacity provides insulation from volatility around tariffs, duties and high shipping costs, which positions AHF Products to continue providing superior customer service given the dislocated global supply chain.
AHF Products is well situated to continue its remarkable growth trajectory through continued innovation and industry-leading customer service. Headquartered in Mountville, Pa., AHF Products is a leader in hardwood, vinyl plank, laminate and commercial products. After acquiring the Armstrong assets, the company will operate 11 manufacturing facilities – seven wood plants and three vinyl facilities in the U.S., and one engineered hardwood plant in Cambodia. Three domestic distribution facilities serve customers through a multi-channel strategy that includes dealers, home centers and distributors.
The purchase is expected to be finalized in the third quarter of 2022 and is subject to customary closing conditions.
AHF Products is a leading hardwood flooring manufacturer in the USA with a family of trusted brands serving the residential and commercial hardwood and vinyl flooring markets. With decades of experience in award-winning wood flooring design, product development, manufacturing and service, we create quality flooring to last for generations through inspiring designs, product innovation and a deep commitment to outstanding customer service. Our residential flooring brands include Bruce®, Hartco®, Robbins®, LM Flooring®, Capella®, HomerWood®, Hearthwood®, Raintree®, Autograph™, Emily Morrow Home™ and tmbr®. Our commercial brands include Bruce Contract™, Hartco Contract™, AHF Contract™ and Parterre®. Headquartered in Mountville, Pennsylvania, with manufacturing operations across the United States and in Cambodia, AHF Products employs over 2,600 dedicated team members. www.AHFProducts.com
Armstrong® is a trademark of Armstrong World Industries, Inc. All other marks are owned by AHF, LLC, its affiliates, or subsidiaries. All rights reserved.
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SOURCE AHF Products | https://www.kait8.com/prnewswire/2022/07/13/ahf-products-purchase-certain-assets-armstrong-flooring-including-certain-us-manufacturing-facilities/ | 2022-07-13T12:24:14Z | https://www.kait8.com/prnewswire/2022/07/13/ahf-products-purchase-certain-assets-armstrong-flooring-including-certain-us-manufacturing-facilities/ | false |
Additional Pharmacodynamic Data on Abelacimab Released at the 2022 Congress of the International Society on Thrombosis and Haemostasis (ISTH)
CAMBRIDGE, Mass., July 13, 2022 /PRNewswire/ -- Anthos Therapeutics, a clinical-stage biotechnology company developing innovative therapies for cardiovascular and metabolic diseases, announced that four new research updates were presented on abelacimab during the Venous Thromboembolism poster session at the ongoing International Society on Thrombosis and Haemostasis 2022 Congress in London, UK.
"Coagulation is a complex multilayered process and the potential benefits of inhibiting Factor XI are becoming increasingly clear. These preclinical studies add important information characterizing the pharmacodynamic effects of abelacimab and further extend our understanding of the biological effects of Factor XI inhibition," said Dan Bloomfield, Chief Medical Officer at Anthos Therapeutics. "With a growing body of evidence from ongoing studies both in the clinic and the lab, and a recent FDA Fast Track designation granted for abelacimab in thrombosis associated with cancer, we are becoming increasingly confident about the potential of our novel dual-acting Factor XI/XIa inhibitor may offer in the future as a treatment advance."
The details of each poster presentation are provided below:
PB0927 - Abelacimab does not influence the effects of two commonly used antiplatelet agents in vitro
This study investigated the effects of clinically relevant doses of abelacimab on the inhibition of platelet aggregation by commonly used antiplatelet agents, aspirin and ticagrelor, in vitro. It demonstrated that abelacimab did not affect the level of antiplatelet inhibition achieved either by aspirin or ticagrelor confirming that abelacimab will not interfere with the benefits of these antiplatelet agents.
PB0925 - Abelacimab has no effect on platelet aggregation induced by TRAP-6 and collagen
FXI has been identified as a ligand to platelet receptors ApoER2 and GPIbα on the surface of stimulated platelets. This study demonstrated that abelacimab did not interfere with normal platelet aggregation following stimulation with collagen or thrombin receptor activating peptide-6 (TRAP-6) and compared with vehicle and active control (abciximab, anti-GP2b3a) suggesting that the binding of FXI to the platelet surface has no effect on primary hemostasis.
PB0548 - Abelacimab, a Factor XI/XIa Antibody Inhibits Clotting in Hemodialysis Circuits Ex Vivo
This study compared the effect of a combination of abelacimab and enoxaparin with enoxaparin alone, in an ex vivo model of hemodialysis that is aggressive due to the frequent re-circulation of blood and a lack of endothelial cells. Inhibition of FXI/FXIa by abelacimab combined with enoxaparin (but not enoxaparin alone) reduced and prevented device malfunction. This provides support for testing abelacimab in patients on hemodialysis.
PB0926 - Low concentrations of rFVIIa bypass changes in ROTEM coagulation parameters induced by abelacimab in vitro.
While patients with severe factor XI (FXI) deficiency rarely have spontaneous bleeding, low doses of recombinant activated factor VII (rFVIIa) have been used and are effective in managing bleeding should it occur. This study was designed to evaluate whether low concentrations of rFVIIa could revert the changes in abelacimab-induced coagulation parameters as measured by rotational thromboelastometry (ROTEM) in whole blood in vitro assays from healthy individuals. As expected and similar to what has been observed in patients with Factor XI deficiency, these data suggest that low doses of rFVIIa can be used to manage bleeding in Factor XI inhibited patients being treated with abelacimab.
Anthos Therapeutics is a clinical-stage biopharmaceutical company focused on the development and commercialization of genetically and pharmacologically validated innovative therapies to advance care for people living with cardiovascular and metabolic (CVM) diseases. Anthos Therapeutics aims to combine the agility of a biotech with the rigor of a large pharmaceutical company. Anthos Therapeutics was launched by Blackstone Life Sciences in 2019.
For more information visit the website at https://www.anthostherapeutics.com/, Twitter at https://twitter.com/Anthos_Tx, and LinkedIn at https://www.linkedin.com/company/anthos-therapeutics/.
Abelacimab is a novel, highly selective, fully human monoclonal antibody designed to induce effective hemostasis-sparing anticoagulation through Factor XI inhibition. Abelacimab targets the active domain of Factor XI, demonstrating dual inhibitory activity against both Factor XI and its activated form, Factor XIa. Abelacimab can be administered intravenously (IV) to achieve rapid inhibition of Factor XI activity and then used subcutaneously (SC) monthly to maintain nearly complete inhibition in a chronic setting. In a PK/PD study, abelacimab administered IV provided profound suppression of Factor XI within one hour after the start of therapy and maintained near maximal inhibition for up to 30 days. 1,2 In a Phase 2 study whose results were published in the New England Journal of Medicine in 2021, a single intravenous dose of abelacimab after knee surgery reduced the rate of venous thromboembolism by 80%, measured 10 days after surgery, compared to enoxaparin.1 Factor XI inhibition offers the promise of hemostasis-sparing anticoagulation for the prevention and treatment of arterial and venous thromboembolic events.3 Abelacimab is an investigational agent and has not been approved for any indication.
- Verhamme P et al. New Engl J Med July 2021 (https://www.nejm.org/doi/full/10.1056/NEJMoa2105872)
- Yi BA et al. J Thromb Haemost. Oct. 2021 (https://pubmed.ncbi.nlm.nih.gov/34714969/)
- Hsu et al. J Am Coll Cardiol. Aug. 2021 (https://www.sciencedirect.com/science/article/abs/pii/S0735109721053213?via%3Dihub)
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties, including statements regarding the initiation, and timing, of future clinical trials and its research and development. All statements, other than statements of historical facts, contained in this press release, including statements regarding the company's strategy, future operations, future financial position, prospects, plans and objectives of management, are forward-looking statements. The words "anticipate," "become", "believe," "continue," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "should," "target," "will," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Any forward-looking statements are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in, or implied by, such forward-looking statements. In addition, the forward-looking statements included in this press release represent the company's views as of the date hereof and should not be relied upon as representing the company's views as of any date subsequent to the date hereof. The company anticipates that subsequent events and developments will cause the company's views to change. However, while the company may elect to update these forward-looking statements at some point in the future, the company specifically disclaims any obligation to do so.
Media Contacts: Russo Partners LLC
Tony Russo, PhD (212) 845-4251 / tony.russo@russopartnersllc.com
Olipriya Das, PhD (646) 942-5588 / olipriya.das@russopartnersllc.com
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SOURCE Anthos Therapeutics | https://www.kwch.com/prnewswire/2022/07/13/four-new-sets-pre-clinical-data-further-expands-evidence-supporting-abelacimab/ | 2022-07-13T12:24:24Z | https://www.kwch.com/prnewswire/2022/07/13/four-new-sets-pre-clinical-data-further-expands-evidence-supporting-abelacimab/ | false |
Ohio police officer shot in head after responding to domestic violence call: police chief
A police officer who was shot in the head in Warren County, Ohio, was in "stable but critical condition," according to the local police chief.
Clearcreek Township Chief of Police John Terrill told a group of reporters Tuesday evening that two police officers responded to a domestic violence call and ended up getting into a shootout with a suspect. He said the suspect was killed.
The officer who was shot in the head was taken to Miami Valley Hospital for treatment. He is in "stable but critical condition in the ICU," Terrill said. The other officer was not injured.
The injured officer was not identified other than he is a male who has been with the precinct for "about 14 years," Terrill said. He was transported via helicopter and was breathing on his own, WXIX reported.
TWO LOS ANGELES-AREA POLICE OFFICERS DIE AFTER SHOOTOUT WITH SUSPECT
The other officer, a female sergeant, shot and killed the suspect, according to the police chief.
When asked about a potential recovery, Terrill said the officer was "shot in the head, so we’re not quite sure how this is going to turn out yet."
The Clearcreek Township officers were initially called to the residence after a man was ramming his wife’s car with an ATV, the police chief said.
It was not immediately clear what provoked the shooting. The Ohio Bureau of Criminal Investigations was at the scene assisting in the investigation.
This is the first police shooting for the Clearcreek Township Police Department in its 47-year history, WXIX reported. The department has lost two officers in non-shooting incidents in recent years. Sgt. Larry Cornett died unexpectedly in June 2018 and Officer Jerrid Lee died in a car crash in January 2019. | https://www.fox29.com/news/ohio-police-officer-shot-in-head-after-responding-to-domestic-violence-call-police-chief | 2022-07-13T12:25:55Z | https://www.fox29.com/news/ohio-police-officer-shot-in-head-after-responding-to-domestic-violence-call-police-chief | true |
Manchester United's £55m pursuit of Frenkie de Jong' hits ANOTHER stumbling block as his agents insist he doesn't want to leave Barcelona this summer'... but he's also 'refusing to take a pay cut to stay at the Nou Camp'
- Frenkie de Jong has told Barcelona that he has no interest in leaving the club
- Manchester United are desperate to sign the Dutch midfielder this summer
- The two clubs have agreed a package for De Jong worth an initial £55million
- But De Jong wants to stay put and not take a pay cut to ease the club's troubles
Manchester United have been dealt a blow in their pursuit of Frenkie de Jong after the Dutchman's agent told Barcelona that he has no interest in leaving this summer.
Sportsmail reported on Monday how United's Richard Arnold and John Murtough were in Spain to thrash out a deal with Barca sporting director Jordi Cruyff, director of football Mateu Alemany and sports vice-president Rafa Yuste at the Triton Restaurante.
The two clubs have agreed a package for De Jong worth an initial £55million that could potentially rise to £72m and it is now up to the player to decide where his future lies.
Manchester United target Frenkie de Jong has told Barcelona he has no interest in leaving
New United boss Erik ten Hag wants De Jong at Old Trafford as the new leader of his midfield
But, according to The Guardian, United have been informed by De Jong's agents - Ali Dursun and Hasan Cetinkaya - that the 25-year-old wants to stay put in Spain.
It is a huge blow for United boss Erik ten Hag, who wants to reunite with his former Ajax player and make him the heartbeat of his side's midfield.
Worryingly for Barcelona, however, is that De Jong is also 'not open to reducing his salary' after already agreeing to defer around £17m in wages during the pandemic.
Reports in Spain on Tuesday suggested Barcelona had told De Jong to take a 'substantial pay cut' if he wanted to stay because of the club's perilous financial position.
Mundo Deportivo report that Alemany and Cruyff, as well as Xavi, sat down with De Jong, 25, ahead of his first training session back and explained the situation.
They reportedly told De Jong that if he wishes he to stay at Barcelona, he will be required to take a significant cut on his £5m-a-year salary.
Joan Laporta is happy to keep De Jong but only if the Dutchman agrees to take a pay cut
Selling him for the fee agreed would significantly ease Barcelona's well-documented financial concerns, both in terms of an injection of cash but also reducing the wage bill.
Barcelona have already spent big on Leeds winger Raphinha while they are desperately trying to sign Bayern Munich striker Robert Lewandowski.
Xavi is reportedly keen to have the situation resolved before Barcelona fly out to the United States on July 16 for a two-week pre-season tour.
Barcelona paid Ajax around £72m to sign De Jong in the summer of 2019 and he has since played 140 matches for the club.
De Jong would be able to continue playing Champions League football if he finds a way to stay at Barcelona, while United will compete in the Europa League next season.
An offer of £45m from United will be enough to make the breakthrough for Lisandro Martinez
Further talks between the two camps were held on Wednesday after United had been battling Arsenal for the versatile Argentine defender.
Ajax have been steadfast in holding out for a fee beyond the £38m proposed by both Premier League clubs.
Arsenal have had two offers rejected with their last, coming in at £34m plus add-ons up to £38m.
Sportsmail reported on July 8 that United had tabled a fresh £43m offer and Arsenal will now not be matching that bid. Indeed, a final offer of £45m from United will be enough to make the breakthrough that will get Martinez to Manchester. | https://www.dailymail.co.uk/sport/football/article-11009417/Frenkie-Jong-tells-Manchester-United-wants-stay-Barcelona.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-07-13T12:26:21Z | https://www.dailymail.co.uk/sport/football/article-11009417/Frenkie-Jong-tells-Manchester-United-wants-stay-Barcelona.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true |
Karma Automotive joins the MIH Consortium that works to create an open ecosystem for the future Electric Vehicle industry. Joining MIH Consortium will enhance Karma's e-mobility vision through multiple strategic opportunities, primarily focusing on designing, engineering, manufacturing, and offering connected luxury vehicles.
IRVINE, Calif., July 13, 2022 /PRNewswire/ -- Karma Automotive became the latest OEM to join MIH Consortium. The mission of MIH Open Platform Alliance is to facilitate cooperation in the electric vehicle sector, developing next generation e-Mobility technologies, establishing testing and certification standards, and bringing alliance partners together. These complementary expertise's further support the goals of improved user experience as well as cost reductions and expedition of development cycles. This will truly enable the transformation of the EV automobile industry.
"With enthusiasm we welcome Karma Automotive to MIH Consortium," said Jack Cheng, Chief Executive Officer of MIH Consortium. "Karma's dedication, experience, and capabilities in manufacturing and engineering, aligns with our goal to assemble strategic partners to develop and define the next generation of EVs, autonomous driving, and mobility service applications. The foundation of MIH is built on collaborations, and I am confident that Karma's participation in our Working and Interest groups, will be of great benefit for our larger member network."
Karma Automotive has been at the forefront of advanced engineering technologies and integration in the EV industry since their incorporation a decade ago. This is especially true when it comes to series hybrid (EREV) powertrain system currently being used in the Revero GT and GS-6 vehicles. Karma's mission is to create technologically-advanced luxury vehicles and deliver commercial vehicle electrification services with class-leading safety features and exceptional design.
"At Karma Automotive we are delighted to collaborate with MIH Consortium," said Jeff Wawrzyniak, Chief Administrative Officer at Karma Automotive. "This alliance represents our solid commitment to explore inclusive technologies with respect to vehicle electrification and e-mobility enablers, and it is a testament to Karma's position in the global stage as an e-mobility company. We share MIH Consortium's vision of a sustainable future where standardized key components and technologies become available for the masses. We are also excited to actively contribute to the MIH working groups and participate in MIH's events."
MIH Consortium is creating an open EV ecosystem that promotes collaboration in the mobility industry. Our mission is to realize key technologies, develop reference designs and standards, while we bridge the gap for alliance members resulting in a lower barrier to entry, accelerated innovation, and shorter development cycles. Our goal is to bring together strategic partners to create innovative solutions for the next generation of EV, autonomous driving, and mobility service applications.
Karma Automotive, founded in 2014, is a southern California based producer of luxury electric vehicles. Headquartered in Irvine, California with a production facility located in Moreno Valley, Karma sells vehicles via its dealer network in North America, Europe, South America, and the Middle East. Karma's Innovation and Customization Center, which opened in 2017, offers world-class engineering, design, customization, and manufacturing services along with electrification platforms. Karma's flagship vehicle, the Revero® GT, Green Car Journal's 2020 Luxury Green Car of the Year™, is an electric vehicle powered by dual electric motors that embodies Karma's goal of offering leading technology with a luxury experience. In 2021 Karma announced the GS-6 Series which includes both an extended-range series hybrid EV and their first-ever all-electric vehicle in 2023. Every Karma vehicle is created with unparalleled individual care and craftsmanship. Additionally, Karma provides world class commercial vehicle electrification and Customized Flexible Manufacturing services for customers in the mobility space via 'Powered by Karma.' Powered By Karma is the evolution of Karma's business development group that provides business to business (B2B) modular vehicle electrification solutions and services to outside customers.
For more information about the MIH Consortium visit: MIH | Mobility in Harmony (mih-ev.org)
For more information about Karma visit: Karma Automotive | Luxury Electric Cars
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Expansion Brings Integrated Business Transformation Capabilities and Strength to Havas North America
NEW YORK, July 13, 2022 /PRNewswire/ -- The Havas North American network expands and adds new capabilities as Gate One joins its ranks, bringing management consultancy expertise across the marketing services spectrum. Both a strategic response to the large management consultancies and an organic expansion thanks to ongoing growth, Gate One's North American presence comes almost three years after the once independent management consultancy was acquired by Havas Group in 2019. Gate One launches in the U.S. with a group of highly experienced consultants sitting within the Havas New York village.
"Gate One adds significant new capabilities to the Havas North American portfolio and rightly complements our marketing strengths, offering clients new possibilities to make transformative change," said Stephanie Nerlich, CEO, Havas North America. "We've already seen the natural collaboration that the Gate One team provide and we're looking forward to connecting their passion with clients and businesses to tackle tough business issues."
Gate One's core mission is to deliver meaningful and sustainable change, working in close collaboration with its clients to conceive the big ideas that will transform their business. The team works at the powerful intersection where business meets digital, and deep strategic thinking meets inspired execution. It will focus on a few key offerings to begin with, including transformation leadership, marketing transformation, customer experience, operating model and change management.
"A key factor in our decision to join Havas was the opportunity to leverage the group's geographical reach to provide greater value and service to clients," said Tim Phillips, managing partner of Gate One. "We see a lot of untapped opportunity in the U.S. market and have already started providing our additive services into several client rosters – including Havas Health & You. As well as being able to service U.S. clients we are also excited about having the ability to help client's deliver on their international transformation challenges."
"The time is now for agencies to expand their capabilities — they need to move beyond communications and become a true consultative change agent for their clients," said Brian Robinson, Global Chief Strategy Officer and Head of Growth at Havas Health & You. "Health and consumer brands require this type of capability as they face complex challenges that require innovative, business model level solutions, and we're confident that Gate One is the ideal partner to drive our growth in this space forward."
Since its acquisition in 2019, Gate One has doubled in size, supporting its clients' biggest strategic imperatives including enhancing their employee experience, transforming their global operating model, and leading them through digital transformation. The consultancy operates an in-house incubator – unique to the sector – which helps attract and retain entrepreneurial talent which is central to the Gate One offering.
To learn more about Gate One, its capabilities and opportunities, visit gateoneconsulting.com.
Havas is one of the world's largest global communications groups. Founded in 1835 in Paris, the Group employs 20,000 people in more than 100 countries and operates through its three business units covering all communication activities. Havas Group's mission is to make a meaningful difference to brands, businesses and people. To better anticipate client needs, Havas has adopted a fully integrated model through its 60+ Havas Villages around the world. In these Villages, creative, media and healthcare & wellness teams work together, ensuring agility and a seamless experience for clients. We are committed to building a diverse culture where everybody feels they belong, can be themselves, thrive and grow. Havas Group integrated into Vivendi in December 2017. Further information about Havas Group is available on the company's website: havasgroup.com.
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SOURCE Havas Group | https://www.1011now.com/prnewswire/2022/07/13/leading-european-management-consultancy-gate-one-expands-us-after-double-digit-growth/ | 2022-07-13T12:27:28Z | https://www.1011now.com/prnewswire/2022/07/13/leading-european-management-consultancy-gate-one-expands-us-after-double-digit-growth/ | true |
DAYTON, Ohio (WDTN) — Crews were working to put out a garage fire in Dayton on Wednesday morning.
According to Montgomery County Regional Dispatch, the call came in for the fire around 6:30 a.m. at 900 Vernon Dr.
Police reported the home was vacant at the time of the fire and that it is fully involved. Images show that the garage is fully collapsed.
The cause of the fire is not known at this time.
Stay with 2 NEWS as this story develops. | https://www.wdtn.com/news/local-news/crews-battling-fully-involved-dayton-garage-fire/ | 2022-07-13T12:28:02Z | https://www.wdtn.com/news/local-news/crews-battling-fully-involved-dayton-garage-fire/ | true |
Agreement marks first phase of commercial engagement to deliver AssetCare and drive sustainable operations, reduce emissions, and improve indoor air quality across iconic 650,000 square foot campus
SAN FRANCISCO, July 13, 2022 /PRNewswire/ - mCloud Technologies Corp. (Nasdaq: MCLD) (TSXV: MCLD), ("mCloud" or the "Company") a leading provider of AI-powered asset management and Environmental, Social, and Governance ("ESG") solutions today announced a commercial subscription agreement with Mercedes-Benz Grand Prix Limited ("Mercedes-Benz Grand Prix") to deploy mCloud's AssetCare Connected Buildings solution at the Mercedes-Benz Grand Prix headquarters in Brackley, UK – home of the Mercedes-AMG PETRONAS Formula One™ Team and the Mercedes-EQ Formula E Team.
The AssetCare agreement was signed on July 12, 2022 and commences with the first phase of a multi-year campus-wide implementation of AssetCare. A recurring AssetCare monthly subscription becomes effective at the completion of the initial installation at Brackley, which is expected to occur in September 2022. The Company deems the initial revenues from this agreement to not meet materiality by regulatory standards. Assets will be added to subscription as they are connected and the Company will disclose should any future additions alter materiality.
This AssetCare deployment is mCloud's largest Connected Buildings solution to-date, cloud-connecting over 650,000 square feet at Brackley and leverages mCloud's AI and analytics to create new energy efficiencies, reductions in CO2e emissions, and improvements to indoor air quality.
When fully connected, mCloud expects the AssetCare implementation at Brackley will comprise significant numbers of new AssetCare connections enabling the Mercedes-Benz Grand Prix team to have continuous visibility into facility HVAC, industrial compressors, EV chargers, renewable energy sources, and more. mCloud and Mercedes-Benz Grand Prix also plan on rolling out an ESG dashboard accessible on campus, creating transparency around energy use and further championing sustainable behaviour onsite.
"We are proud to be working with Mercedes-Benz Grand Prix as they continue their leadership and commitment to sustainability in sport," said Russ McMeekin, mCloud President and CEO. "With AssetCare, Mercedes-Benz Grand Prix is making their Brackley campus an unrivaled example of how innovative connected technologies can continuously drive material reductions in energy consumption, emissions, and carbon footprint at a world-class campus."
Toto Wolff, Head of Mercedes-Benz Motorsport, commented:
"We witnessed mCloud's passion for sustainability through our partnership in Formula E, and we are excited to see the innovative ways AssetCare can connect us as we search for material reductions in energy usage across our Brackley campus. Sustainability and the drive for efficiency are core to our business and that starts at home – we will be pushing to achieve significant results with AssetCare across our operations at Brackley as quickly as possible."
mCloud is unlocking the untapped potential of energy intensive assets with AI and analytics, curbing energy waste, maximizing energy production, and getting the most out of critical energy infrastructure. Through mCloud's AI-powered AssetCare™ platform, mCloud offers complete asset management solutions for commercial buildings, renewable energy, healthcare, heavy industry, and connected workers. IoT sensors bring data from connected assets into the cloud, where AI and analytics are applied to maximize their performance.
With a worldwide presence and offices in San Francisco, Houston, Vancouver, Calgary, London, Perth, Singapore, and Beijing, the mCloud family includes an ecosystem of operating subsidiaries that deliver high-performance IoT, AI, 3D, and mobile capabilities to customers, all integrated into AssetCare. With over 100 blue-chip customers and more than 64,000 assets connected in thousands of locations worldwide, mCloud is changing the way energy assets are managed.
mCloud's common shares trade in the United States on the Nasdaq and in Canada on the TSX Venture Exchange under the symbol MCLD. For more information, visit www.mcloudcorp.com.
This press release contains certain "forward-looking information" within the meaning of applicable Canadian securities legislation and may also contain statements that may constitute "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Such forward-looking information and forward-looking statements are not representative of historical facts or information or current condition, but instead represent only the Company's beliefs regarding future events, plans or objectives, many of which, by their nature, are inherently uncertain and outside of the Company's control. Generally, such forward-looking information or forward-looking statements can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or may contain statements that certain actions, events or results "may", "could", "would", "might" or "will be taken", "will continue", "will occur" or "will be achieved". The forward-looking information contained herein may include information related to the Company's timing of the AssetCare subscription taking effect, plans to create new AssetCare connections, and plans to deploy a campus-wide dashboard at the Mercedes-Benz Grand Prix campus at Brackley.
By identifying such information and statements in this manner, the Company is alerting the reader that such information and statements are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such information and statements.
A more complete discussion of the risks and uncertainties facing the Company appears in the prospectus supplement, the base shelf prospectus and the registration statement and in the Company's Annual Information Form and other continuous disclosure filings, which are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information and forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended.
In connection with the forward-looking information and forward-looking statements contained in this press release, the Company has made certain assumptions. Although the Company believes that the assumptions and factors used in preparing, and the expectations contained in, the forward-looking information and statements are reasonable, undue reliance should not be placed on such information and statements, and no assurance or guarantee can be given that such forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information and statements. The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake to update any forward-looking information and/or forward-looking statements that are contained or referenced herein, except in accordance with applicable securities laws. All subsequent written and oral forward-looking information and statements attributable to the Company or persons acting on its behalf is expressly qualified in its entirety by this notice.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE mCloud Technologies | https://www.valleynewslive.com/prnewswire/2022/07/13/mcloud-mercedes-benz-grand-prix-limited-connect-assetcare-brackley-home-mercedes-amg-petronas-formula-one-team/ | 2022-07-13T12:31:25Z | https://www.valleynewslive.com/prnewswire/2022/07/13/mcloud-mercedes-benz-grand-prix-limited-connect-assetcare-brackley-home-mercedes-amg-petronas-formula-one-team/ | true |
For Third Consecutive Year, 10 Students with Gastrointestinal Disease Will Each Receive a $10,000 Scholarship
LAVAL, QC, July 13, 2022 /PRNewswire/ -- Bausch Health Companies Inc. (NYSE/TSX: BHC) ("Bausch Health") and its gastroenterology business, Salix Pharmaceuticals, ("Salix"), one of the largest specialty pharmaceutical companies in the world committed to the prevention and treatment of gastrointestinal (GI) and liver diseases and disorders, today announced the winners of its 2022 Salix Gastrointestinal Health Scholars Program. For the third consecutive year, Salix will be awarding $10,000 each to 10 students living with a GI disease.
"Salix is pleased to recognize these 10 outstanding Salix Gastrointestinal Health Scholarship awardees who are thriving in their academic journey while living with the challenges of a gastrointestinal condition," said Nicola Kayel, vice president, Marketing, Salix. "At Salix, we feel honored to play a small role in these students' pursuit of higher education, and we look forward to seeing the result of their hard work in the near future."
The 2022 awardees were selected from more than 150 applications. As part of the process, applicants were required to submit essays describing how their GI condition has impacted their educational journey, as well as delve into the role their health care provider played in helping them reach their personal and educational goals. All scholarship applications were reviewed by an independent panel of judges.
The Salix Gastrointestinal Health Scholars Program recognizes students across a wide range of educational pursuits, with scholarships in three categories, including the Undergraduate Scholar Awards, for those pursuing undergraduate degrees; the Graduate Scholar Awards, for those pursuing graduate degrees; and the Working Parent's Scholar Award, for parents pursuing undergraduate, vocational/technical or graduate degrees.
The 2022 Salix Gastrointestinal Health Scholars Program recipients are:
- Undergraduate Scholar Awards
- Graduate Scholar Awards
- Working Parent's Scholar Award
"It's hard to express my gratitude and how grateful I truly am for this opportunity," said Joshua Swimmer, a recipient of the Working Parent's Award and a student at the University of Southern Indiana. "I was diagnosed with a lifelong chronic disease, and never once would I have imagined something so positive to actually come from it. I appreciate everything this will afford for me and my family."
To learn more about the Salix Gastrointestinal Health Scholars Program, visit www.salix.com/scholarship.
About Salix
Salix Pharmaceuticals is one of the largest specialty pharmaceutical companies in the world committed to the prevention and treatment of gastrointestinal diseases. For more than 30 years, Salix has licensed, developed and marketed innovative products to improve patients' lives and arm health care providers with life-changing solutions for many chronic and debilitating conditions. Salix currently markets its product line to U.S. health care providers through an expanded sales force that focuses on gastroenterology, hepatology, pain specialists and primary care. Salix is headquartered in Bridgewater, New Jersey. For more information about Salix, visit www.Salix.com and connect with us on Twitter and LinkedIn.
About Bausch Health
Bausch Health Companies Inc. (NYSE/TSX: BHC) is a global diversified pharmaceutical company whose mission is to improve people's lives with our health care products. We develop, manufacture and market a range of products primarily in gastroenterology, hepatology, neurology, dermatology, international pharmaceuticals and eye health through our approximately 90% ownership of Bausch + Lomb Corporation. With our leading durable brands, we are delivering on our commitments as we build an innovative company dedicated to advancing global health. For more information, visit www.bauschhealth.com and connect with us on Twitter and LinkedIn.
©2022 Salix Pharmaceuticals or its affiliates.
SAL.0084.USA.22
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SOURCE Bausch Health Companies Inc. | https://www.kait8.com/prnewswire/2022/07/13/salix-announces-2022-gastrointestinal-health-scholars-program-winners/ | 2022-07-13T12:31:26Z | https://www.kait8.com/prnewswire/2022/07/13/salix-announces-2022-gastrointestinal-health-scholars-program-winners/ | false |
HYATTSVILLE, Md. — If you or someone you love was in crisis or contemplating suicide, would you know the number to call? Starting Saturday, it's going to be a lot easier to remember. Just dial 9-8-8. You'll be able to dial that all across the nation for help.
At Community Crisis Services in Hyattsville, calls have been flooding into the old 800 number, which will still work. People in crisis are routed there from across the DMV region-- and as a backup from all across the nation. The National Suicide Prevention Lifeline got 50,000 more calls last month than it did in June of last year.
"I had a caller tell me if he hadn't had someone to talk to he would have blew his brains out," counselor Dana Proctor said. "He had the gun ready."
The isolation and stress of the pandemic has left some people feeling hopeless.
"The pandemic has had significant impacts on the well-being of the nation," said Miriam Delphin-Rittmon, Asst. Secretary for Mental Health and Substance Use with the US Dept. of Health and Human Services.
While you can still call 1-800-273-8255, starting July 16, people thinking about suicide, or struggling with any mental crisis or emotional stress, including addiction, will be able to dial just three digits, 988, to connect to a trained counselor. You can use the number to call, text or chat.
"To be able to get through just like 911, instantly, it's a life or death thing for some people," Proctor said.
Local teams will be able to connect callers with community services, if needed, or even dispatch emergency responders. But in the event you need immediate, life-saving care, you can also call 911.
The Biden administration has boosted the money for crisis care to $432 million, but because calls are handled by a patchwork of nonprofits, some still go unanswered.
Tim Jansen, with the Community Crisis Services in Prince George's County, said the goal is to get 95% of people connected within 20 seconds.
"Yeah, it's personal," said Dr. Ala Stanford, pausing for a moment to collect herself.
Stanford is an HHS regional director, a pediatric surgeon, and a mom of pre-teen and teenage boys. She said the suicide crisis has hit Black boys and LGBTQ kids particularly hard.
"I feel like it's even harder... for our kids right now," she said.
But 988 are three numbers that can save thousands of lives. | https://www.fox43.com/article/news/nation-world/national-suicide-prevention-hotline-becomes-988-suicide-and-crisis-lifeline-on-saturday/65-5234f94c-550f-45c7-9f6f-ee45549b4011 | 2022-07-13T12:33:23Z | https://www.fox43.com/article/news/nation-world/national-suicide-prevention-hotline-becomes-988-suicide-and-crisis-lifeline-on-saturday/65-5234f94c-550f-45c7-9f6f-ee45549b4011 | true |
Thorpe brings extensive track record mobilizing communities and delivering growth
NEW YORK, July 13, 2022 /PRNewswire/ -- HelpMeSee has announced that Dan Thorpe has joined the organization as chief of marketing and development. In this role, Thorpe will lead worldwide marketing and fundraising operations for the nonprofit, which uses simulation-based training to train cataract specialists to eradicate cataract blindness.
"We are thrilled to welcome Dan to the HelpMeSee team," said Saro Jahani, president and CEO. "An energetic leader, he brings deep professional skills and a passion for mobilizing people to fight against preventable diseases. His work will support our growth around the world."
Thorpe joins HelpMeSee following a lengthy tenure that included multiple leadership roles for the American Cancer Society (ACS), including national senior vice president of community fundraising and vice president of Relay for Life, leading their largest nationwide campaign. During his time with ACS, he developed new campaigns that achieved industry recognition and managed nationwide community fundraising programs that rank among the top in the industry.
Earlier in his career, he served in a variety of development roles at ACS and the American Heart Association throughout Virginia, North Carolina, South Carolina, and South Florida. His work included the successful completion of a merger of two chapters, which led to the launch of a leadership-giving circle and drove strong revenue growth through corporate partnerships, special events, and major donors.
In addition to his work with ACS, Thorpe served as senior vice president of development operations for the American Heart Association — a unique hybrid role managing a multistate field territory while leading development operations for the Mid-Atlantic Affiliate. He also served as the lead fundraiser for the Department of Pediatrics at the University of Miami Miller School of Medicine.
The Old Dominion University graduate ('03 and '06) and his wife, Erin, live in Wendell, North Carolina, with their five children. He serves as a volunteer and board member for a variety of community organizations, including his local church.
In a world where 100 million people are blind or visually impaired due to cataract, HelpMeSee works to eradicate cataract blindness by training cataract specialists using virtual reality, simulation-based training. The nonprofit was founded by Al and Jim Ueltschi, who saw the opportunity to end suffering by delivering innovation from the aviation industry to the fight against cataract blindness. Today, with more than 40 simulators and 11 training centers worldwide, the organization partners with governments, universities, and innovators to fight the global cataract blindness crisis and restore sight. For more information, go to: www.helpmesee.org.
Contact: Kelley Denny 412-352-9240, Kelley.denny@helpmesee.org
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WASHINGTON (AP) — Social media platforms including Facebook and TikTok are failing to stop hate and threats against LGBTQ users, a report issued Wednesday from advocacy group GLAAD found.
Those are some of the internet’s most vulnerable users, with a majority of LGBTQ people saying they’ve faced menacing posts or comments when they’re scrolling through social media. But it’s unclear how social media platforms such as Facebook, Instagram, TikTok, Twitter and YouTube are handling those threats.
Instead of protecting their users, GLAAD says in the report, the tech companies are safeguarding information about how they respond to those attacks, revealing few details about how often they take down posts or accounts that push hate speech or harass LGBTQ users.
“The reality is, there’s very little transparency and very little accountability,” said Jenni Olson, GLAAD’s director for social media safety and author of the report. “And people feel helpless.”
Los Angeles resident Peter Sapinsky, a gay musician who said he has faced harassment in the online gaming community, shared screenshots with The Associated Press of dozens of messages he’s sent to YouTube about users and videos that use racist and homophobic slurs. YouTube has responded to only some of the messages, he said.
Sapinsky, 29, said some use YouTube to livestream themselves harassing people at Pride parades. They quickly delete those live videos once they’ve wrapped to evade being detected by YouTube for violating its policies against hate speech, he said. He listed a series of homophobic slurs he’s heard in videos posted by users who are still operating on the site.
“YouTube doesn’t do anything about it,” Sapinsky said. “For someone who says they don’t allow hate on the website, they sure do.”
Hateful or violent speech directed at members of the LGBTQ community is prohibited on the platform, YouTube spokesperson Jack Malon said.
“Over the last few years, we’ve made significant progress in our ability to quickly remove hateful and harassing content,” Malon said. "This work is ongoing, and we appreciate the thoughtful feedback from GLAAD.”
A Twitter spokesperson said in a statement that the company was discussing the report’s findings with GLAAD. A statement from TikTok did not directly address the report but said the company is working to create an “inclusive environment.”
GLAAD recommended that the platforms start releasing the training methods for content moderators as well as the number of accounts and posts the companies remove for violating rules designed to protect LGBTQ users.
GLAAD’s report examines the policies and actions Facebook, Instagram, YouTube, TikTok and Twitter have implemented around LGBTQ issues.
All of the social media platforms have outlined policies that are designed to prevent LGBTQ users from being harassed, threatened or discriminated against by other users because of their identity.
Only Twitter, however, has a specific policy against intentionally misgendering, using the wrong pronoun to describe someone, for example, or deadnaming, which involves reviving a transgender person’s name from before the person transitioned to a new identity. Meta, which owns Facebook and Instagram, said it removes similar posts upon request.
Some users bully LGBTQ people on social media by misgendering or deadnaming them. One example came last month, when a conservative social media pundit sent a swarm of Twitter users to harass transgender actor Elliot Page with the wrong pronoun and name. That Twitter user was suspended under the company’s hateful conduct policy.
“The idea that these figures with millions of followers are bullying and harassing trans people, for being trans, is just wrong,” Olson said.
___
Follow AP's coverage of social media platforms at https://apnews.com/hub/social-media. | https://www.ourmidland.com/news/article/LGBTQ-harassment-slurs-abound-on-social-media-17301849.php | 2022-07-13T12:35:46Z | https://www.ourmidland.com/news/article/LGBTQ-harassment-slurs-abound-on-social-media-17301849.php | false |
CA Medford, OR Zone Forecast for Tuesday, July 12, 2022
_____
597 FPUS56 KMFR 131057
ZFPMFR
Zone Forecast Product for Southern Oregon and Northern California
National Weather Service Medford, OR
357 AM PDT Wed Jul 13 2022
CAZ080-132300-
Western Siskiyou County-
Including the cities of Somes Bar, Happy Camp, Callahan, Etna,
Fort Jones, Greenview, and Scott Bar
357 AM PDT Wed Jul 13 2022
.TODAY...Sunny. Slight chance of thunderstorms late this
afternoon. Highs in the lower 80s to lower 90s. East winds around
5 mph shifting to the southwest in the late morning and
afternoon.
.TONIGHT...Clear. Slight chance of thunderstorms in the evening.
Lows in the mid 50s to lower 60s. West winds 5 to 10 mph shifting
to the east after midnight.
.THURSDAY...Sunny. Highs in the lower 80s to lower 90s. East
winds around 5 mph shifting to the southeast late in the morning,
then shifting to the southwest in the afternoon.
.THURSDAY NIGHT...Clear. Lows in the mid 50s to lower 60s.
Northwest winds 5 to 10 mph shifting to the northeast well after
midnight.
.FRIDAY...Sunny. Highs in the lower 80s to lower 90s. Northeast
winds around 5 mph shifting to the west in the afternoon.
.FRIDAY NIGHT THROUGH MONDAY...Clear. Lows in the mid 50s to
lower 60s. Highs in the lower 80s to lower 90s.
.MONDAY NIGHT...Mostly clear. Lows in the mid 50s.
.TUESDAY...Sunny. Highs in the lower 80s to lower 90s.
$$
CAZ081-132300-
Central Siskiyou County-
Including the cities of Hilt, Klamath River, and Yreka
357 AM PDT Wed Jul 13 2022
.TODAY...Sunny. A 10 percent chance of thunderstorms late this
afternoon. Highs in the mid 80s to mid 90s. North winds around
5 mph shifting to the east late this morning, then shifting to
the south early this afternoon shifting to the west 10 to 15 mph
late this afternoon.
.TONIGHT...Mostly clear. A 10 percent chance of thunderstorms in
the evening. Lows around 60. Northwest winds 10 to 15 mph
decreasing to around 5 mph after midnight.
.THURSDAY...Sunny. Highs in the mid 80s to mid 90s. Light winds
becoming northeast around 5 mph late in the morning, then
shifting to the southeast early in the afternoon shifting to the
west late in the afternoon.
.THURSDAY NIGHT...Mostly clear. Lows in the lower to mid 60s.
Northwest winds 5 to 10 mph shifting to the northeast well after
midnight.
.FRIDAY...Sunny. Highs in the mid 80s to mid 90s. North winds
around 5 mph shifting to the northwest in the afternoon.
.FRIDAY NIGHT AND SATURDAY...Clear. Lows in the lower to mid 60s.
Highs in the mid 80s to mid 90s.
.SATURDAY NIGHT THROUGH MONDAY...Clear. Lows in the mid 50s to
lower 60s. Highs in the mid 80s to mid 90s.
.MONDAY NIGHT...Mostly clear. Lows in the mid 50s to lower 60s.
.TUESDAY...Sunny. Highs in the mid 80s to mid 90s.
$$
CAZ082-132300-
South Central Siskiyou County-
Including the cities of Mount Shasta, Dunsmuir, and McCloud
357 AM PDT Wed Jul 13 2022
.TODAY...Sunny. Highs in the lower 80s to lower 90s. South winds
5 to 10 mph.
.TONIGHT...Mostly clear. Lows in the lower 50s to lower 60s.
Southwest winds 5 to 10 mph shifting to the west after midnight,
then shifting to the north well after midnight.
.THURSDAY...Sunny. Highs in the lower 80s to lower 90s. East
winds around 5 mph shifting to the south in the afternoon.
.THURSDAY NIGHT...Clear. Lows in the lower 50s to lower 60s.
Southwest winds 5 to 10 mph shifting to the north after midnight.
.FRIDAY...Sunny. Highs in the lower 80s to lower 90s. Northeast
winds around 5 mph shifting to the southwest in the afternoon.
.FRIDAY NIGHT THROUGH SUNDAY...Clear. Lows in the lower 50s to
lower 60s. Highs in the lower 80s to lower 90s.
.SUNDAY NIGHT AND MONDAY...Clear. Lows in the mid 40s to mid 50s.
Highs in the lower 80s to lower 90s.
.MONDAY NIGHT...Mostly clear. Lows in the mid 40s to mid 50s.
.TUESDAY...Sunny. Highs in the lower 80s to lower 90s.
$$
CAZ083-132300-
North Central and Southeast Siskiyou County-
Including the cities of Pondosa, Bray, and Tennant
357 AM PDT Wed Jul 13 2022
.TODAY...Partly cloudy early this morning then becoming sunny.
Highs in the lower 80s to lower 90s. Southwest winds 10 to
15 mph.
.TONIGHT...Mostly clear. Lows in the mid 50s to lower 60s. West
winds 5 to 10 mph shifting to the northeast well after midnight.
.THURSDAY...Sunny. Highs in the lower 80s to lower 90s. East
winds around 5 mph shifting to the southwest in the afternoon.
.THURSDAY NIGHT...Clear. Lows in the mid 50s to lower 60s. West
winds 5 to 10 mph shifting to the north well after midnight.
.FRIDAY...Sunny. Highs in the mid 80s to lower 90s. Southeast
winds around 5 mph shifting to the southwest in the afternoon.
.FRIDAY NIGHT THROUGH SUNDAY...Clear. Lows in the mid 50s to
lower 60s. Highs in the lower 80s to lower 90s.
.SUNDAY NIGHT AND MONDAY...Clear. Lows in the lower 50s to lower
60s. Highs in the lower 80s to lower 90s.
.MONDAY NIGHT...Mostly clear. Cooler. Lows in the mid 40s to mid
50s.
.TUESDAY...Sunny. Highs in the lower 80s to lower 90s.
$$
CAZ084-132300-
Northeast Siskiyou and Northwest Modoc Counties-
Including the cities of Newell, Tulelake, Dorris, and Macdoel
357 AM PDT Wed Jul 13 2022
.TODAY...Partly cloudy early this morning then becoming sunny.
Highs in the mid 80s to lower 90s. Southwest winds 10 to 15 mph.
.TONIGHT...Mostly clear. Lows in the lower to mid 50s. West winds
10 to 15 mph shifting to the northwest around 5 mph well after
midnight.
.THURSDAY...Sunny. Highs around 90. Southeast winds around 5 mph
shifting to the southwest late in the afternoon.
.THURSDAY NIGHT...Clear. Lows in the mid 50s. West winds 10 to
15 mph decreasing to around 5 mph after midnight.
.FRIDAY...Sunny. Highs in the lower to mid 90s. South winds
around 5 mph shifting to the southwest in the afternoon.
.FRIDAY NIGHT THROUGH SUNDAY NIGHT...Clear. Lows in the lower to
mid 50s. Highs in the lower to mid 90s.
.MONDAY THROUGH TUESDAY...Clear. Highs in the mid 80s to lower
90s. Lows in the mid 40s to mid 50s.
$$
CAZ085-132300-
Modoc County-
Including the cities of Day, Lookout, Adin, Alturas, Canby,
Davis Creek, and Likely
357 AM PDT Wed Jul 13 2022
.TODAY...Partly cloudy early this morning then becoming sunny.
Highs in the mid 80s to lower 90s. Southwest winds 10 to 15 mph.
.TONIGHT...Mostly clear. Lows in the lower to mid 50s. Southwest
winds around 15 mph decreasing to 5 to 10 mph in the late evening
and early morning, then shifting to the north well after
midnight.
.THURSDAY...Sunny. Highs in the mid 80s to lower 90s. East winds
around 5 mph shifting to the south in the late morning and early
afternoon, then shifting to the southwest late in the afternoon.
.THURSDAY NIGHT...Mostly clear. Lows in the lower 50s to lower
60s. Southwest winds around 15 mph decreasing to 5 to 10 mph late
in the evening and overnight.
.FRIDAY...Sunny. Highs in the mid 80s to mid 90s. Southeast winds
around 5 mph shifting to the southwest in the afternoon.
.FRIDAY NIGHT THROUGH MONDAY...Clear. Lows in the lower 50s to
lower 60s. Highs in the mid 80s to mid 90s.
.MONDAY NIGHT...Mostly clear. Lows in the mid 40s to lower 50s.
.TUESDAY...Sunny. Highs in the mid 80s to lower 90s.
$$
Visit us at www.weather.gov/Medford
_____
Copyright 2022 AccuWeather | https://www.ourmidland.com/weather/article/CA-Medford-OR-Zone-Forecast-17301783.php | 2022-07-13T12:36:35Z | https://www.ourmidland.com/weather/article/CA-Medford-OR-Zone-Forecast-17301783.php | true |
WA Portland OR Zone Forecast for Tuesday, July 12, 2022
_____
870 FPUS56 KPQR 131122
ZFPPQR
Zone Forecast Product
National Weather Service Portland OR
422 AM PDT Wed Jul 13 2022
Spot Temperatures are for Today, Tonight, Thursday, Thursday
Night, and Friday.
WAZ021-132315-
South Washington Coast-
Including the cities of Raymond, Long Beach, Ocean Park, Naselle,
Cathlamet, and Cape Disappointment
422 AM PDT Wed Jul 13 2022
.TODAY...Partly sunny this morning, then clearing. Highs in the
lower 70s. Northwest wind 10 to 15 mph.
.TONIGHT...Partly cloudy. Lows in the lower 50s. Northwest wind
5 to 10 mph.
.THURSDAY...Partly sunny in the morning, then clearing. Highs in
the lower 70s. Northwest wind 5 to 10 mph.
.THURSDAY NIGHT...Partly cloudy. Patchy fog after midnight. Lows
in the lower 50s. Northwest wind 5 to 10 mph.
.FRIDAY...Partly cloudy. Highs in the lower 70s. Southwest wind
5 to 10 mph.
.FRIDAY NIGHT...Partly cloudy in the evening, then becoming
mostly cloudy. Lows in the upper 50s.
.SATURDAY...Mostly cloudy in the morning, then becoming partly
cloudy. Highs around 70.
.SATURDAY NIGHT...Partly cloudy. Lows in the mid 50s.
.SUNDAY...Partly cloudy. Highs in the upper 60s.
.SUNDAY NIGHT...Partly cloudy. Lows in the mid 50s.
.MONDAY...Partly cloudy. Highs in the lower 70s.
.MONDAY NIGHT...Partly cloudy. Lows in the mid 50s.
.TUESDAY...Partly cloudy. Highs in the lower 70s.
$$
WAZ020-132315-
Willapa Hills-
Including the cities of Willapa, Frances, Elk Mountain,
and Ryderwood
422 AM PDT Wed Jul 13 2022
.TODAY...Partly sunny this morning, then clearing. Highs in the
lower 70s. Northwest wind 15 to 20 mph.
.TONIGHT...Partly cloudy. Lows in the lower 50s. West wind 5 to
10 mph.
.THURSDAY...Partly cloudy in the morning, then clearing. Highs in
the mid 70s. Light wind.
.THURSDAY NIGHT...Mostly clear. Patchy fog after midnight. Lows
around 50. West wind 5 to 10 mph.
.FRIDAY...Partly cloudy. Highs in the lower 70s. Light wind.
.FRIDAY NIGHT...Partly cloudy. Lows in the mid 50s.
.SATURDAY...Partly sunny. Highs in the lower 70s.
.SATURDAY NIGHT...Partly cloudy. Lows in the lower 50s.
.SUNDAY...Partly cloudy. Highs in the upper 60s.
.SUNDAY NIGHT...Partly cloudy. Lows in the lower 50s.
.MONDAY...Partly cloudy. Highs in the mid 70s.
.MONDAY NIGHT...Mostly clear. Lows in the lower 50s.
.TUESDAY...Partly cloudy in the morning, then clearing. Highs in
the mid 70s.
$$
WAZ040-132315-
South Washington Cascade Foothills-
Including the cities of Toutle, Ariel, Lake Merwin, Yale Lake,
and Cougar
422 AM PDT Wed Jul 13 2022
.TODAY...Partly sunny this morning, then clearing. Highs in the
upper 70s. Northwest wind 5 to 10 mph.
.TONIGHT...Mostly clear. Lows in the lower 50s. Northwest wind
5 to 10 mph.
.THURSDAY...Mostly sunny. Highs in the lower 80s. Light wind.
.THURSDAY NIGHT...Clear. Lows in the lower 50s. Northwest wind
5 to 10 mph.
.FRIDAY...Mostly sunny. Highs in the upper 70s. Light wind.
.FRIDAY NIGHT...Mostly clear. Lows in the mid 50s.
.SATURDAY...Partly cloudy. Highs in the mid 70s.
.SATURDAY NIGHT...Mostly clear. Lows in the lower 50s.
.SUNDAY...Partly cloudy. Highs in the mid 70s.
.SUNDAY NIGHT...Mostly clear. Lows in the lower 50s.
.MONDAY...Mostly sunny. Highs in the upper 70s.
.MONDAY NIGHT...Clear. Lows in the lower 50s.
.TUESDAY...Mostly sunny. Highs in the lower 80s.
$$
WAZ019-132315-
South Washington Cascades-
Including the cities of Coldwater Ridge Visitors Center,
Mount St. Helens, and Wind River Valley
422 AM PDT Wed Jul 13 2022
.TODAY...Partly sunny this morning, then clearing. Free air
freezing level 14000 feet. West wind 5 to 10 mph with gusts up to
20 mph.
.TONIGHT...Mostly clear. Free air freezing level 14000 feet.
Northwest wind 5 to 10 mph.
.THURSDAY...Sunny. Free air freezing level 14000 feet. Light
wind.
.THURSDAY NIGHT...Clear. Free air freezing level 15000 feet,
lowering to 14000 feet after midnight. Light wind.
.FRIDAY...Mostly sunny. Free air freezing level 14000 feet. West
wind 5 to 10 mph.
.FRIDAY NIGHT...Mostly clear. Free air freezing level 15000 feet.
.SATURDAY...Mostly sunny. Free air freezing level 14000 feet.
.SATURDAY NIGHT...Mostly clear. Free air freezing level
14000 feet.
.SUNDAY...Partly cloudy in the morning, then becoming mostly
sunny. Free air freezing level 14000 feet.
.SUNDAY NIGHT...Mostly clear. Free air freezing level 14000 feet.
.MONDAY...Mostly sunny. Free air freezing level 14000 feet.
.MONDAY NIGHT...Clear. Free air freezing level 15000 feet.
.TUESDAY...Mostly sunny. Free air freezing level 15000 feet.
$$
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Copyright 2022 AccuWeather | https://www.ourmidland.com/weather/article/WA-Portland-OR-Zone-Forecast-17301811.php | 2022-07-13T12:37:12Z | https://www.ourmidland.com/weather/article/WA-Portland-OR-Zone-Forecast-17301811.php | false |
Company to be able to perform approximately 30,000 tests a week by the end of July, supplementing public health response
Physicians can order the novel Quest Diagnostics lab test beginning today and the CDC orthopoxvirus test the first half of August
SECAUCUS, N.J., July 13, 2022 /PRNewswire/ -- Quest Diagnostics (NYSE: DGX), the world's leading provider of diagnostic information services, today announced the nationwide availability* of the company's lab-developed molecular diagnostic test to aid in the diagnosis of infection with the monkeypox virus, with plans to launch the CDC's orthopoxvirus test in the first half of August.
The company's novel dual-target real-time polymerase chain reaction (PCR) test is believed to be the first commercially available test developed and offered by a national laboratory provider to aid in the qualitative detection and differentiation of monkeypox virus (West African clade) DNA from other non-variola orthopoxviruses. Developed by the company's research and development team, the test was validated under CLIA federal regulations, and is now performed at the company's advanced laboratory in San Juan Capistrano, Calif. The test uses swab specimens collected by healthcare providers, such as in physician offices and hospitals, from patients presenting with an acute generalized pustular or vesicular rash. Test results are intended to be used in conjunction with clinical observations and epidemiological risk factors, and results should not be used as the sole basis of treatment or other patient management decisions.
With the new automated test, Quest expects to be able to perform approximately 30,000 monkeypox virus tests a week by the end of July. Depending on demand, Quest can expand capacity for monkeypox testing across other advanced laboratories in its national network.
In addition, Quest is currently validating the orthopoxvirus test from the Centers for Disease Control and Prevention (CDC) with the goal to provide it as an additional test option to physicians in the first half of August. On June 22, the Department of Health and Human Services announced Quest Diagnostics is one of five laboratories the CDC selected to expand nationwide test capacity for the monkeypox virus using the CDC's orthopoxvirus test.
"We commend the HHS and CDC for spearheading public-private collaboration to mobilize response to the current monkeypox outbreak," said Jay G. Wohlgemuth, M.D., Senior Vice President, R&D, Medical and Chief Medical Officer, Quest Diagnostics. "Quest's expertise in infectious disease testing, national scale and relationships with half the country's physicians and health systems is a vital complement to the efforts of the CDC and other public health labs to combat the monkeypox outbreak in the United States."
"The COVID-19 pandemic demonstrated the importance of broad access to quality laboratory testing for emerging infectious diseases," said Ruth Clements, Vice President and General Manager, Infectious Disease, Quest Diagnostics. "Quest's laboratory developed test complements the CDC test, supporting the public effort with an automated test option for the monkeypox virus."
Monkeypox is a rare infectious disease typically occurring in parts of Africa. The West African clade is the circulating virus in the current global outbreak. CDC recommends that anyone with monkeypox symptoms talk to their health care provider, even if they don't think they had contact with someone who has monkeypox.
*The service will be available in New York at a later date, pending the New York Department of Health's review of the laboratory developed test. For more information on the company's monkeypox testing, visit https://www.questdiagnostics.com/healthcare-professionals/about-our-tests/infectious-diseases/monkeypox
About Quest Diagnostics
Quest Diagnostics empowers people to take action to improve health outcomes. Derived from the world's largest database of clinical lab results, our diagnostic insights reveal new avenues to identify and treat disease, inspire healthy behaviors and improve healthcare management. Quest annually serves one in three adult Americans and half the physicians and hospitals in the United States, and our 50,000 employees understand that, in the right hands and with the right context, our diagnostic insights can inspire actions that transform lives. www.QuestDiagnostics.com
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In a new scam targeting restaurants, criminals are leaving negative ratings on restaurants’ Google pages as a bargaining chip to extort digital gift cards.
Restaurateurs from San Francisco to New York, many from establishments with Michelin stars, said in recent days that they’ve received a blitz of one-star ratings on Google, with no description or photos, from people they said have never eaten at their restaurants. Soon after the reviews, many owners said, they received emails from a person claiming responsibility and requesting a $75 Google Play gift card to remove the ratings. If payment is not received, the message says, more bad ratings will follow.
The text threat was the same in each email: “We sincerely apologize for our actions, and would not want to harm your business but we have no other choice.” The email went on to say that the sender lives in India and that the resale value of the gift card could provide several weeks of income for the sender’s family. The emails, from several Gmail accounts, requested payment to a Proton mail account.
Kim Alter, the chef and owner at Nightbird in San Francisco, said Google removed her one-star ratings after she tweeted the company to complain. Chinh Pham, an owner of Sochi Saigonese Kitchen in Chicago, said her one-star reviews were taken down after customers raised an outcry on social media.
“We don’t have a lot of money to fund this kind of crazy thing from happening to us,” Pham said.
At Google, teams of operators and analysts, as well as automated systems, monitor the reviews for such abuses. A Google Maps spokeswoman said Monday that the platform was investigating the situation and had begun removing reviews that violated its policies.
“Our policies clearly state reviews must be based on real experiences, and when we find policy violations, we take swift action ranging from content removal to account suspension and even litigation,” she said.
But some restaurateurs said it’s been a challenge to reach someone at Google to help them. As of Monday, some restaurants were still receiving the negative reviews. Some said that they’ve continued to flag them, but that Google had not yet acted.
“You’re just kind of defenseless,” said Julianna Yang, the general manager of Sons & Daughters in San Francisco, who has taken on much of her restaurant’s response to the messages. “It seems like we’re just sitting ducks, and it’s out of luck that these reviews might stop.”
For EL Ideas in Chicago, Google ruled Monday that one of the recent one-star ratings the restaurant reported as fake did not violate the platform’s policies and would not be removed, said William Talbott, a manager at the restaurant.
“This is another nightmare for us to handle,” he said. “I’m losing my mind. I don’t know how to get us out of this.”
Law enforcement officials have urged restaurant owners to contact Google if they’ve been targeted, and to report these crimes to their local police departments, as well as the FBI and the Federal Trade Commission. The commission advises businesses not to pay the scammers.
This type of extortion is considered a cybercrime, said Alan B. Watkins, a cybersecurity consultant and the author of “Creating a Small Business Cybersecurity Program.” He said that it can’t be prevented, and that the only thing businesses can do is minimize damage by reporting it to the authorities and informing customers about the bogus reviews. The use of Google Play gift cards is likely an intentional choice, he added, because such transactions are difficult to trace.
An onslaught of bad reviews can be disastrous for businesses still recovering financially from the coronavirus pandemic. A lower average rating on Google, restaurateurs said, could make the difference for a customer deciding where to dine.
“These are part of the decision-making process, where people decide where to go for the first time,” said Jason Littrell, the marketing director at Overthrow Hospitality in New York City, which has several plant-based restaurants, including Avant Garden in the East Village. “People are willing to go further and pay more for the higher star rating.”
Littrell said that the scammers are “weaponizing the ratings,” and that he feels that restaurant staff can’t do much to stop it. The phony reviews have proved that “our reputation doesn’t really belong to us anymore, which is really scary.”
At Roux in Chicago, the staff has been responding to each review it believes is fake with a note that includes the text from the email threat. This has prompted the scammers to send a more strongly worded follow-up email: “We can keep doing this indefinitely. Is $75 worth more to you than a loss to the business?”
“These are business terrorists,” said Steve Soble, an owner of Roux, “and I hope it ends before it starts to damage our business.” | https://www.seattletimes.com/business/restaurants-face-an-extortion-threat-a-bad-rating-on-google/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_seattle-news | 2022-07-13T12:38:43Z | https://www.seattletimes.com/business/restaurants-face-an-extortion-threat-a-bad-rating-on-google/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_seattle-news | true |
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With styles and sizes are already going fast, you won’t want to hesitate adding these Alo Yoga leggings to your cart! | https://www.dailymail.co.uk/femail/article-10985235/Shop-Alo-Yogas-best-selling-Vaporwave-leggings-Amazon-Prime-Day-sale.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-07-13T12:39:24Z | https://www.dailymail.co.uk/femail/article-10985235/Shop-Alo-Yogas-best-selling-Vaporwave-leggings-Amazon-Prime-Day-sale.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | false |
HUMBLE, Texas, July 13, 2022 /PRNewswire/ -- Third Coast Bancshares, Inc. (NASDAQ: TCBX), ("Third Coast"), the holding company of Third Coast Bank, SSB, today announced that it will report its 2022 second quarter financial results on Wednesday, July 27, 2022 after the market closes. Management has scheduled a conference call and webcast on Thursday, July 28, 2022 at 11:00 a.m. Eastern Time (10:00 a.m. Central Time) to discuss these financial results.
For those who cannot listen to the live call, a replay will be available through August 4, 2022 and may be accessed by dialing 201-612-7415 and using pass code 13731039#. Also, an archive of the webcast will be available shortly after the call at http://ir.tcbssb.com/events-and-presentations/events for 90 days.
About Third Coast Bancshares, Inc.
Third Coast Bancshares, Inc. is a commercially focused, Texas-based bank holding company operating primarily in the Greater Houston, Dallas-Fort Worth, and Austin-San Antonio markets through its wholly owned subsidiary, Third Coast Bank, SSB. Founded in 2008 in Humble, Texas, Third Coast Bank, SSB conducts banking operations through 14 branches and one loan production office encompassing the four largest metropolitan areas in Texas. Please visit https://www.tcbssb.com for more information.
Contact:
Ken Dennard / Natalie Hairston
Dennard Lascar Investor Relations
(713) 529-6600
TCBX@dennardlascar.com
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SOURCE Third Coast Bancshares | https://www.wagmtv.com/prnewswire/2022/07/13/third-coast-bancshares-inc-announces-2022-second-quarter-earnings-release-conference-call-schedule/ | 2022-07-13T12:39:56Z | https://www.wagmtv.com/prnewswire/2022/07/13/third-coast-bancshares-inc-announces-2022-second-quarter-earnings-release-conference-call-schedule/ | true |
CORPUS CHRISTI, Texas, July 13, 2022 /PRNewswire/ - (NYSE: UEC) ("UEC" or the "Company") is pleased to announce that it has filed a Technical Report Summary ("TRS") on EDGAR, disclosing mineral resources for the Company's Anderson Project in Arizona (the "Project").
Background:
- As a U.S. domestic and domiciled company, UEC is now reporting all mineral resources in accordance with Item 1302 of Regulation S-K ("S-K 1300");
- S-K 1300 was adopted by the Securities and Exchange Commission ("SEC") to modernize mineral property disclosure requirements for mining registrants and to align U.S. disclosure requirements more closely for mineral properties with current industry and global regulatory standards;
- The mineral resource estimates set forth in this TRS have not previously been reported under the S-K 1300 format; and
- The Anderson Project is the largest uranium deposit in the State of Arizona and ranks among the largest U.S. deposits in states that support uranium mining.
Total disclosed Indicated Resources for the Anderson Project is stated at 32,055,000 lbs. eU3O8 with 16,175,000 tons grading 0.099% eU3O8. Drill data from 1,175 drill holes was used in the current mineral resource estimate.
The TRS was prepared under S-K 1300 and was filed on July 12, 2022 with the SEC through EDGAR on Form 8-K and is also available on SEDAR as a "Material Document" filed on July 12, 2022. The TRS was prepared on behalf of the Company by Douglas L. Beahm, P.E., P.G., Principal Engineer of BRS Engineering, and by Clyde L. Yancey, P.G., Vice President of Exploration of UEC.
Amir Adnani, President and CEO stated: "We are very pleased with this update of the Company's former NI-43 101 resources into fully compliant S-K 1300 resources for our Anderson Project and to see resources move up from the Inferred category to the Indicated category. America's uranium resources are becoming increasingly important for utility and government buyers looking for reliable supplies from stable U.S. jurisdictions. The Anderson Project is an important asset in UEC's project pipeline that will be available to supply the longer term needs of utilities and the Federal government seeking U.S. supply assurance."
About the Anderson Project
The Project is located in Yavapai County, west-central Arizona, approximately 75 miles northwest of Phoenix and 43 miles northwest of Wickenburg, Arizona. The general area is situated along the northeast margin of the Date Creek Basin. The planned mining method for the Project is by a combination of open-pit and underground conventional mining. The Project covers 8,268 acres (12.9 square miles) and is comprised of 386 contiguous, unpatented lode mining and placer claims and one Arizona State land section. The northern section of the Anderson Project area holds the open-pit resource, and the adjacent southern section holds the underground resource.
The Project is located along the northeast margin of the Date Creek Basin of the Basin and Range Province of the western United States. Uranium mineralization is strata bound and occurs exclusively in the sequence of Miocene-age lacustrine lakebed sediments. The lacustrine sediments unconformably overlie the andesitic volcanic unit over most of the Project.
The area was discovered by radiometric surveys at outcrop in the 1950s, and 10,758 tons of material containing 33,230 pounds of uranium at a grade of 0.15 % eU3O8 was mined and shipped to the Atomic Energy Commission buying stations prior to 1960.
Within the Project area, drill data from 1,175 drill holes was used in the current mineral resource estimate, including hole location and radiometric equivalent data in 0.5 foot downhole increments. The Company has not completed any drilling on the Anderson Project since acquisition.
Mineral Resources
Estimated indicated mineral resources are summarized in following table at a 0.02% eU3O8 grade cutoff and a 0.1 ft % GT cutoff. Mineral resources were estimated separately for each mineralized zone. The total contained mineralized material was first estimated, then reasonable prospects for economic extraction were applied.
Mineral resources are not mineral reserves and do not have demonstrated economic viability. However, considerations of reasonable prospects for eventual economic extraction were applied to the mineral resource calculations herein.
The technical information in this news release has been reviewed by each of Douglas L. Beahm, P.E., P.G., Principal Engineer of BRS Engineering, and Clyde L. Yancey, P.G., Vice President of Exploration of UEC, being Qualified Persons under Item 1302 of Regulation S-K.
About Uranium Energy Corp
Uranium Energy Corp is America's leading, fastest growing, uranium mining company listed on the NYSE American. UEC is a pure play uranium company and is advancing the next generation of low-cost, environmentally friendly In-Situ Recovery (ISR) mining uranium projects. The Company has two production ready ISR hub and spoke platforms in South Texas and Wyoming, anchored by fully licensed and operational processing capacity at the Hobson and Irigaray plants. UEC also has seven U.S. ISR uranium projects with all of their major permits in place. Additionally, the Company has other diversified holdings of uranium assets, including: (1) one of the largest physical uranium portfolios of U.S. warehoused U3O8; (2) a major equity stake in the only royalty company in the sector, Uranium Royalty Corp.; and (3) a pipeline of resource-stage uranium projects in Arizona, Colorado, New Mexico and Paraguay. The Company's operations are managed by professionals with a recognized profile for excellence in their industry, a profile based on many decades of hands-on experience in the key facets of uranium exploration, development and mining.
Stock Exchange Information:
NYSE American: UEC
WKN: AØJDRR
ISN: US916896103
Safe Harbor Statement
Except for the statements of historical fact contained herein, the information presented in this news release constitutes "forward-looking statements" as such term is used in applicable United States and Canadian securities laws. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any other statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans, "estimates" or "intends", or stating that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved) are not statements of historical fact and should be viewed as "forward-looking statements". Such forward looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Such risks and other factors include, among others, the actual results of exploration activities, variations in the underlying assumptions associated with the estimation or realization of mineral resources, the availability of capital to fund programs and the resulting dilution caused by the raising of capital through the sale of shares, accidents, labor disputes and other risks of the mining industry including, without limitation, those associated with the environment, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, title disputes or claims limitations on insurance coverage. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Many of these factors are beyond the Company's ability to control or predict. There can be no assurance that such statements will prove to be accurate as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements contained in this news release and in any document referred to in this news release. Important factors that may cause actual results to differ materially and that could impact the Company and the statements contained in this news release can be found in the Company's filings with the Securities and Exchange Commission. For forward-looking statements in this news release, the Company claims the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995. The Company assumes no obligation to update or supplement any forward-looking statements whether as a result of new information, future events or otherwise. This news release shall not constitute an offer to sell or the solicitation of an offer to buy securities.
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SOURCE Uranium Energy Corp | https://www.wibw.com/prnewswire/2022/07/13/uranium-energy-corp-files-s-k-1300-technical-report-summary-disclosing-total-32m-lbs-indicated-resources-anderson-project-arizona/ | 2022-07-13T12:40:29Z | https://www.wibw.com/prnewswire/2022/07/13/uranium-energy-corp-files-s-k-1300-technical-report-summary-disclosing-total-32m-lbs-indicated-resources-anderson-project-arizona/ | false |
Payload Delivered to Boeing to Prepare for Broadband Service to EMEA Region
CARLSBAD, Calif., July 13, 2022 /PRNewswire/ -- Viasat Inc. (NASDAQ: VSAT), a global leader in satellite communications, announced delivery of the second ViaSat-3 payload module to Boeing's El Segundo, CA facility where it will be integrated with Boeing's 702 spacecraft bus platform and undergo rigorous spacecraft environmental testing in preparation for launch. The second ViaSat-3 class satellite is expected to provide broadband service over Europe, the Middle East and Africa (EMEA) in 2023.
Viasat's satellite payload, designed and built in-house, provides state-of-the-art electronics for receiving, transmitting and processing broadband internet data to and from the satellite at expected rates greater than 1 terabit a second (1,000 gigabits a second), which is three times faster than ViaSat-2, the fastest communications satellite currently operating.
"Delivery of the second ViaSat-3 payload module marks a major milestone where we transition to spacecraft integration and test on the second satellite in our constellation," said Dave Ryan, president, Space & Commercial Networks at Viasat. "This milestone increases our momentum towards delivering the future of affordable, accessible satellite broadband services, virtually anywhere around the globe."
The ViaSat-3 class of Ka-band satellites is expected to provide the best bandwidth economics in the industry with incredible flexibility to move and concentrate that capacity virtually anywhere there is demand - whether it is over land, the ocean or in the air. The first two satellites are planned to focus on the Americas and on EMEA, respectively. The third ViaSat-3 satellite is undergoing final integration and testing and will focus on the Asia Pacific region, completing Viasat's global service coverage.
This press release contains forward-looking statements that are subject to the safe harbors created under the Securities Act of 1933 and the Securities Exchange Act of 1934. Forward looking statements include among others, statements about the performance, capabilities and anticipated benefits of the ViaSat-3 class satellite platform, expected capacity, service, speeds, coverage, flexibility and other features of the ViaSat-3 constellation, and the timing of hardware delivery and service launch. Readers are cautioned that actual results could differ materially from those expressed in any forward-looking statements. Factors that could cause actual results to differ include: risks associated with the construction, launch and operation of the ViaSat-3 class satellites and Viasat's other satellites, including the effect of any anomaly, operational failure or degradation in satellite performance; the ability to realize the anticipated benefits of the ViaSat-3 satellite platforms; unexpected expenses or delays related to the satellite system; the ability to successfully implement Viasat's business plan for broadband satellite services on Viasat's anticipated timeline or at all, including with respect to the ViaSat-3 satellite platforms; contractual problems, product defects, manufacturing issues or delays; regulatory issues; technologies not being developed according to anticipated schedules, or that do not perform according to expectations; and increased competition and other factors affecting the connectivity sector, generally. In addition, please refer to the risk factors contained in Viasat's SEC filings available at www.sec.gov, including Viasat's most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers are cautioned not to place undue reliance on any forward-looking statements, which speak only as of the date on which they are made. Viasat undertakes no obligation to update or revise any forward-looking statements for any reason.
Viasat is a global communications company that believes everyone and everything in the world can be connected. For more than 36 years, Viasat has helped shape how consumers, businesses, governments and militaries around the world communicate. Today, the Company is developing the ultimate global communications network to power high-quality, secure, affordable, fast connections to impact people's lives anywhere they are—on the ground, in the air or at sea. To learn more about Viasat, visit: www.viasat.com, go to Viasat's Corporate Blog, or follow the Company on social media at: Facebook, Instagram, LinkedIn, Twitter or YouTube.
Copyright © 2022 Viasat, Inc. All rights reserved. Viasat, the Viasat logo and the Viasat signal are registered trademarks of Viasat, Inc. All other product or company names mentioned are used for identification purposes only and may be trademarks of their respective owners.
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SOURCE Viasat, Inc. | https://www.wibw.com/prnewswire/2022/07/13/viasat-completes-major-milestone-with-second-viasat-3-satellite-payload/ | 2022-07-13T12:40:36Z | https://www.wibw.com/prnewswire/2022/07/13/viasat-completes-major-milestone-with-second-viasat-3-satellite-payload/ | true |
Strategic executive hire adds to Company's global leadership team and positions the Company for continued growth
DURHAM, N.C.and BEIJING, July 13, 2022 /PRNewswire/ -- Brii Biosciences Limited ("Brii Bio" or the "Company", stock code: 2137.HK) a multi-national company developing innovative therapies for diseases with significant unmet medical needs and large public health burdens, today announced the appointment of Susannah Cantrell, Ph.D., as Chief Business Officer. Dr. Cantrell brings with her more than 20 years of healthcare and biotechnology industry experience spanning global pipeline strategy, sales, operations, marketing and new product commercialization.
"We're very pleased to welcome Susannah to our expanding global team at Brii Bio," said Zhi Hong, Ph.D., Chairman and Chief Executive Officer of Brii Bio. "As an accomplished industry executive with a record of success leading international teams with strategic vision and planning to drive long-term pipeline and commercial growth, Susannah will be an invaluable addition to the Company as we work to expand and prioritize our public health-inspired clinical programs for patients in need around the world."
Most recently, Dr. Cantrell served as Chief Operating Officer and Chief Business Officer at Second Genome, overseeing all aspects of operations across the growing company, including R&D, finance and facilities, among other key functions. Prior to that, she was Executive Vice President and Chief Commercial Officer at Tricida, where she established and built a high-performing U.S.-focused commercial organization. Dr. Cantrell also previously held the role of Vice President and Head of Global Commercial Strategy and Marketing Oncology at Gilead Sciences where she was instrumental in leading and growing the Company's oncology and inflammation businesses from 2011 to 2019. She also held various senior level and sales and marketing positions early on in her career at global pharmaceutical giants, Genentech/Roche and GlaxoSmithKline. Dr. Cantrell holds a B.A. in Biology from Westminster College and a Ph.D. in Biochemistry from the University of Missouri-Columbia.
"I'm excited to join Brii Bio's passionate and driven team of top leaders from across the industry at this pivotal stage of growth for the organization, and I look forward to contributing my own expertise and passion as we work together to translate promising science into meaningful solutions for patients facing significant infectious disease or CNS health burdens around the world," said Susannah Cantrell, Ph.D., Chief Business Officer of Brii Bio.
About Brii Bio
Brii Biosciences Limited ("Brii Bio", stock code: 2137.HK) is a biotechnology company based in China and the United States committed to advancing therapies for significant infectious diseases, such as hepatitis B, COVID-19, human immunodeficiency virus (HIV) infection, multi-drug resistant (MDR) or extensive drug resistant (XDR) gram-negative infections, and other illnesses, such as the central nervous system (CNS) diseases, which have significant public health burdens in China and worldwide. For more information, visit www.briibio.com.
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SOURCE Brii Biosciences Limited | https://www.weau.com/prnewswire/2022/07/13/brii-biosciences-appoints-dr-susannah-cantrell-chief-business-officer/ | 2022-07-13T12:41:05Z | https://www.weau.com/prnewswire/2022/07/13/brii-biosciences-appoints-dr-susannah-cantrell-chief-business-officer/ | false |
CALGARY, AB, July 13, 2022 /PRNewswire/ - Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSX-V: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to provide a preliminary outlook for net revenue and Adjusted EBITDA1 for the second quarter, ending June 31, 2022.
"In the second quarter Decibel continued to match and exceed revenue projections, and significantly exceed EBITDA projections. Performance was driven by exceptional continued growth in demand for our popular brands and new products. This, coupled with prioritizing certain key capital initiatives, generated gross margin and EBITDA significantly beyond our forecast," said Paul Wilson, CEO of Decibel. "We expect revenue in the quarter to be in the $18.5 - $19.5 range and corresponding Adjusted EBITDA in the $3.0 - $3.5M range. Margins and profitability expanded with our automation, infrastructure and cost engineering improvements coming online earlier than planned. These improvements have been in the pipeline and impacted the end of Q2, with the full impact unfolding in the third and fourth quarter. The impact of these projects appears to be well beyond our projections for gross margin expansion."
- Demonstrated positive cash flow from operations in first two quarters of 2022
- Anticipated Adjusted EBITDA of $3.0 to $3.5 million ($2.5 million Q1 2022)
- Anticipated Net Revenue of $18.5 to $19.5 million
- Anticipating significant ongoing gross margin and profitability increases
- Significant amount of cost engineering and automation infrastructure investments realized in late Q2 and early Q3, with potential for Decibel to exceed previously stated targeted gross margin of 40 – 45%.
The Company will release its second quarter financial results and related management discussion and analysis for the period ended June 30, 2022, on August 18, 2022, before markets open.
Decibel is uncompromising in the process and craftsmanship needed to deliver the highest quality cannabis products and retail experiences. Decibel has three operating production houses along with its wholly owned retail business, Prairie Records. The Qwest Estate in Creston, BC is a licensed and operating 26,000 square foot cultivation space which produces the widely championed, rare cultivar-focused brands Qwest and Qwest Reserve, which are sold in six provinces across Canada. Thunderchild Cultivation, is a licensed and operating 80,000 square foot indoor cultivation facility in Battleford, SK. The Plant, Decibel's extraction facility, in Calgary, AB has 15,000 square feet of Health Canada licensed extraction and product development space. This production house will fuel the growth of our brands Qwest, Qwest Reserve, Blendcraft, and General Admission, into new and innovative product formats like concentrates, vapes, edibles and beyond.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains the financial performance metric of Adjusted EBITDA, a measure that is not recognized or defined under IFRS (a "Non-GAAP Measure"). As a result, this data may not be comparable to data presented by other cannabis companies. For an explanation and reconciliation of Adjusted EBITDA to related comparable financial information presented in the Financial Statements prepared in accordance with IFRS, refer to the Company's MD&A for the three and twelve months ended March 31, 2022. The Company believes that Adjusted EBITDA is a useful indicator of operational performance and is specifically used by management to assess the financial and operational performance of the Company.
The Company calculates Adjusted EBITDA as net loss and comprehensive loss excluding unrealized gain on changes in fair value of biological assets, change in fair value of biological assets realized through inventory sold, depreciation and amortization expense, share-based compensation, other income, finance costs, foreign exchange loss, non-cash production costs and severance payments. Non-cash production costs relate to amortization expense allocations included in production costs. Non-GAAP Measures should be considered together with other financial information prepared in accordance with IFRS to enable investors to evaluate the Decibel's operating results, underlying performance and prospects in a manner similar to Decibel's management.
Accordingly, this Non-GAAP Measure is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
In this news release, forward-looking statements relate to, among other things, anticipated gross margin, revenue for Q2 in the $18.5 - $19.5 range and corresponding EBITDA in the $3.0 - $3.5M range; cash flow from operations; strong net revenue growth and margin expansion outpacing SG&A; the expectation that the full impact of certain improvements will be realized in the third and fourth quarter of 2022 and that such projects will be well beyond the Company's projections for gross margin expansion; anticipated significant gross margin and profitability increases; the anticipated release date of the Company's second quarter financials; and the Company's ability to grow Qwest, Qwest Reserve and Blendcraft brands into new and innovative product formats, variations and its other business plans and expectations. Forward-looking statements and FOFI (as defined herein) are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: risks relating to delays, regulatory changes and impacts, capital requirements, construction impacts, displacement requirements and unforeseen requirements resulting from the COVID-19 pandemic, the ability to obtain and maintain licences to retail cannabis products; review of the Company's production facilities by Health Canada and maintenance of licences (including any amendments thereto) from Health Canada in respect thereof; future legislative and regulatory developments involving cannabis; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the labour market generally and the ability to access, hire and retain employees; the risk that the Company may not remain in compliance with all of its financial covenants; general business, economic, competitive, political and social uncertainties; timing and completion of construction and expansion of the Company's production facilities and retail locations; and the delay or failure to receive board, regulatory or other approvals, including any approvals of the TSX Venture Exchange, as applicable. Many of these risks and uncertainties and additional risk factors are described in the Company's Annual Information Form for the year ended December 31, 2020 and Management's Discussion and Analysis for the year ended December 31, 2021, which are available at www.sedar.com. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release.
[NTD: Decibel to confirm assumptions] With respect to forward-looking statements and FOFI contained in this press release, Decibel has made assumptions regarding, but not limited to: Decibel's ability to enter new markets and industry verticals; Decibel's ability to attract, develop and retain key personnel; Decibel's ability to raise additional capital and to execute on its plans; the timelines for new product launches, Decibel's ability to continue investing in infrastructure and implement scalable controls, systems and processes to support its growth; the impact of competition; the changes and trends in Decibel's industry or the global economy; the Company's ability to generate sufficient cash flow from operations and obtain financing, if needed, on acceptable terms or at all; the general economic, financial market, regulatory and political conditions in which the Company operates; the ability of the Company to ship its products and maintain supply chain stability; consumer interest in the Company's products; anticipated and unanticipated costs; government regulation of the Company's activities and products; the timely receipt of any required regulatory approvals; the Company's ability to conduct operations in a safe, efficient and effective manner; the Company's construction plans and timeframe for completion of such plans; and the changes in laws, rules, regulations, and global standards.
Any financial outlook or future oriented financial information (in each case "FOFI") contained in this news release regarding prospective financial position, including, but not limited to: anticipated gross margin, revenue for Q2 in the $18.5- $19.5 range and corresponding adjusted EBITDA in the $3.0 - $3.5M range; the expectation that the full impact of certain improvements will be realized in the third and fourth quarter of 2022 and that such projects will be well beyond the Company's projections for gross margin expansion; anticipated significant gross margin and profitability increases, is based on reasonable assumptions about future events, including those described above, based on an assessment by management of the relevant information that is currently available. The actual results will likely vary from the amounts set forth herein and such variations may be material.
Readers are cautioned that the foregoing list of assumptions and risk factors is not exhaustive. The forward-looking statements and FOFI contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements and FOFI included in this news release are made as of the date hereof and Decibel does not undertake any obligation to publicly update such forward-looking statements and FOFI to reflect new information, subsequent events or otherwise unless so required by applicable securities laws.
The Company's expectations for its gross margin, cash flow from operations, net revenue and adjusted EBITDA (see "Non-GAAP Measures") are based on, among other things, the Company's anticipated financial results for the three and six month period ended June 30, 2022. The Company's anticipated financial results are unaudited and preliminary estimates that: (i) represent the most current information available to management as of the date of hereof; (ii) are subject to completion of interim review procedures that could result in significant changes to the estimated amounts; and (iii) do not present all information necessary for an understanding of the Company's financial condition as of, and the Company's results of operations for, such periods. The anticipated financial results are subject to the same limitations and risks as discussed under "Forward Looking Statements" above. Accordingly, the Company's anticipated financial results for such periods may change upon the completion and approval of the financial statements for such periods and the changes could be material.
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SOURCE Decibel Cannabis Company Inc. | https://www.weau.com/prnewswire/2022/07/13/decibel-announces-material-positive-adjustments-q2-2022-net-revenue-adjusted-ebitda-growth/ | 2022-07-13T12:42:04Z | https://www.weau.com/prnewswire/2022/07/13/decibel-announces-material-positive-adjustments-q2-2022-net-revenue-adjusted-ebitda-growth/ | false |
- Queensland 22 NSW 12
- Sport
- NRL
- State of Origin
Full moon, full hearts, can’t lose: Maroons win extraordinary decider
By Phil Lutton
Extraordinary. Few other words could begin to describe what transpired over 80 minutes at Suncorp Stadium on Wednesday night. Queensland would win the match 22-12 and claim the State of Origin series but that only scrapes the surface of a famous night of rugby league.
Under a full moon, there were punch-ups, sin-bins, soaring tempers, towering bombs and in the end, a piece of magic from Ben Hunt as he plucked a Nathan Cleary kick from thin air to race 70m and seal a result that ended what will rightly be remembered as one of the very, very best Origin games that has ever been played.
This tested the physical and mental resolve of both teams like never before. They threw themselves at each other with abandon for the entire night, at great cost to both teams as key men were lost in the opening minutes, leaving NSW with 16 for the night and Queensland 15.
Dane Gagai and Matt Burton channelled the spirit of Wally Lewis and Mark Geyer, swinging wildly at each other at the start of the second half before being given their marching orders for a 10-minute spell. The old Lang Park was a tinderbox and it was a good thing they don’t sell cans to the locals, who looked like spilling from the bleachers.
Hunt would be the hero, a deserved moment in a career that has endured its low points on the grand occasions. But he was hardly alone for the Maroons, with Kalyn Ponga superb at fullback and Tom Dearden outstanding in his debut at five-eighth, while Patrick Carrigan took it to NSW all night in the middle.
When NSW look at this in the clear light of day, they will see this as a night where they were put under the Origin blowtorch and weren’t able to dig deep enough. Fatigue created errors which created opportunities and once the Maroons had a sniff, they attacked like a pack of wolves.
There was havoc from the opening exchanges and it did not relent for 80 minutes. The Blues were the first to have a man down after Cameron Murray clashed heads with Corey Oates in the very first NSW tackle of the match.
He struggled to his feet and it was clear he was done, with Queensland reaping the early benefit of having a big body returning the ball as Oates made his presence felt with his first carry.
The advantage lasted just minutes. The Maroons would lose a pair of players to some frightening contact to the head, beginning with Selwyn Cobbo, who was knocked out with friendly fire by Carrigan.
He was left motionless on the turf in the second minute as concerned medical staff fitted a neck brace before he left the field on a stretcher. Cobbo was the subject of a forgettable moment from Blues five-eighth Jarome Luai, who stood over his motionless body and bellowed at him while he was unable to move under a sea of bodies.
Gagai shielded him from the scuffle, but the fuse was lit. It would later become a bonfire, but Queensland had yet more issues as Collins joined Cobbo in the dressing rooms after he wobbled out of a tackle. The Maroons would have to get it done with a two-man bench.
The bad blood was flowing. Tino Fa’asuamaleaui was put on report for a swinging arm on Burton before the focus switched back, just for a moment, to the football. It was Queensland who opened the account as Dearden set up his Cowboys teammate Valentine Holmes for a 6-0 lead after 15 minutes.
But with the Maroons struggling with the frantic pace, NSW attacked through the middle to hit back as Luai chased the Cleary kick to level the scores at 6-6 after 20 minutes.
Jacob Saifiti was kept on ice early by Brad Fittler and from his first run - he sent Jeremiah Nanai into orbit - it was clear he was going to be a handful. He smashed his way over to make it 12-6 and it looked as if NSW had rounded the same corner they did on the way to a big win in Perth.
But the occasion, a tied series, a heaving crowd, players on the edge, demanded more twists. Harry Grant delivered for Queensland right before the break when his clever dummy-half kick was rounded up by Kurt Capewell to have it 12-10 to the Blues at half-time.
The half-time break did nothing to cool tempers as Gagai and Burton threw bombs in back play. Burton tried to fight back but was corralled in a headlock by Fa’asuamaleaui before both Gagai and Burton were given their marching orders as the entire game threatened to erupt.
Whether they were rattled or whether it was fatigue, NSW were the ones feeling the heat. An error off the Cherry-Evans kick from Daniel Tupou would see Ponga score and put Queensland in front, while a series of mistakes from Stephen Crichton and Siosifa Talakai had them pinned to their line.
Grant was awarded a try, then lost it on review, as NSW somehow repelled raid after raid. But when Hunt plucked the ball out of thin air and raced 70m to score, another chapter was added to the Queensland book of legend.
Stream the NRL Premiership 2022 live and free on 9Now.
Sports news, results and expert commentary. Sign up for our Sport newsletter. | https://www.smh.com.au/sport/nrl/full-moon-full-hearts-can-t-lose-maroons-win-extraordinary-decider-20220713-p5b1en.html?ref=rss&utm_medium=rss&utm_source=rss_sport | 2022-07-13T12:42:11Z | https://www.smh.com.au/sport/nrl/full-moon-full-hearts-can-t-lose-maroons-win-extraordinary-decider-20220713-p5b1en.html?ref=rss&utm_medium=rss&utm_source=rss_sport | true |
Climate solutions provider looks to grow network of partners, project developers in the U.S.
MIAMI, July 13, 2022 /PRNewswire/ -- ClimateTrade, the world's first blockchain-based climate solutions provider, announced today that it is expanding its footprint in the U.S. with a new headquarters in Miami. The company also announced that it has hired a U.S. business and policy advisor with plans to further expand its U.S.-based team in the near future. These moves will enable ClimateTrade to scale up its operation in the U.S. and strengthen its relationships with American businesses, project developers and policymakers.
"We couldn't be more excited to open our first U.S. headquarters in Miami, a hub for innovation and a leader in sustainability," said Francisco Benedito, co-founder and CEO of ClimateTrade. "Having a physical presence here will enable us to grow our network of partners and project developers and help more companies reduce their carbon emissions and achieve their broader ESG goals."
As part of ClimateTrade's U.S. expansion, the company has announced the hiring of Michael Green as U.S. business and policy advisor. The former executive director at Climate XChange, with experience at the UN, American Sustainable Business Network and the Climate Action Business Association, Green brings extensive international climate science policy expertise as well as business acumen to ClimateTrade. He will assist the company's push to engage with American businesses and project developers as well as lead efforts to develop a favorable climate policy environment in the U.S.
"Engaging businesses with meaningful opportunities to address the climate crisis is something we must do," said Green. "And I believe ClimateTrade has the technology, the people, and the vision to do it."
ClimateTrade has experienced a 65 percent growth in employees over the past year and is in the process of further expanding its U.S.-based team with the hiring of a chief commercial officer and chief financial officer. The company also recently joined more than 1,000 U.S.-based businesses to implore Congress and President Biden to take bold action on climate change.
ClimateTrade is a blockchain-based climate pioneer, aiming to empower large-scale decarbonization through constant innovation. The ClimateTrade marketplace allows companies to offset their climate impact by purchasing carbon, plastic and biodiversity offsets, as well as renewable energy certificates directly from project developers. Learn more at www.climatetrade.com.
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SOURCE ClimateTrade | https://www.wlbt.com/prnewswire/2022/07/13/climatetrade-announces-new-us-headquarters-miami-hiring-us-business-policy-advisor/ | 2022-07-13T12:42:13Z | https://www.wlbt.com/prnewswire/2022/07/13/climatetrade-announces-new-us-headquarters-miami-hiring-us-business-policy-advisor/ | false |
Family-owned and operated company sweeps all seven study factors and is ranked "Highest in Guest Satisfaction Among Upper Midscale Hotel Chains"
ST. LOUIS, July 13, 2022 /PRNewswire/ -- They did it again! For the 17th year in a row, the Drury Hotels team has set a record for guest satisfaction. J.D. Power ranked Drury "Highest in Guest Satisfaction Among Upper Midscale Hotel Chains" in the J.D. Power 2022 North America Hotel Guest Satisfaction Index Study.SM The recognition marks Drury's 17th consecutive year earning the guest-satisfaction award and sets a record for most consecutive wins in the J.D. Power travel and hospitality category.
"Being recognized for a 17th-straight year of providing our guests with top-notch service and value is certainly something to celebrate, but more importantly, this recognition reflects the trust our guests continue to place in us when they stay at one of our hotels," said Chuck Drury, president and CEO of Drury Hotels. "Every day, at each of our hotels, our team members build this trust by being attentive, friendly and considerate. These tokens of human kindness and connection are what truly set us apart."
Drury earned the number one ranking in all seven J.D. Power hotel factors, which include reservations, arrival/departure, guest room, food & beverage, services & amenities, hotel facilities and cost & fees.
"Drury Hotels ranks highest in the Upper Midscale hotel segment because guests continue to respond positively to their stay experiences," said Andrea Stokes, hospitality practice lead at J.D. Power. "J.D. Power surveys thousands of hotel guests each year, and for 17 consecutive years, Drury Hotels has led this segment for overall guest satisfaction."
The J.D. Power 2022 North America Hotel Guest Satisfaction Index Study is based on responses gathered between June 2021 and May 2022 from 34,407 guests in Canada and the United States who stayed at a hotel in North America. Click here for the J.D. Power press release, which includes rankings for all hotels.
Drury Hotels has been family-owned and operated since 1973. Since its founding the company has been known for providing guests with a variety of amenities. It was the first hotel chain in the mid-priced segment to offer guests a free hot breakfast. And today, guests can count on Drury to provide a host of free, best-in-class amenities including a fresh, hot breakfast; dinnertime snacks and drinks during the 5:30 Kickback;® Wi-Fi throughout the hotel; on-site 24-hour business and fitness centers; refreshing pools and spas; and more.
For a complete listing of all Drury hotels or for reservations, visit www.druryhotels.com or call 1-800-DRURYINN. For information about career opportunities at Drury Hotels, please apply online at www.drurycareers.com.
Drury Hotels Company is a Missouri-based, family-owned and operated hotel system with more than 150 hotels in 26 states. Founded in 1973, Drury Hotels has been recognized by the J.D. Power 2022 North America Hotel Guest Satisfaction Index Study,SM earning the award for "Highest in Guest Satisfaction Among Upper Midscale Hotel Chains." In 2022, Drury received this award for a record 17th consecutive year.* Brands include Drury Inn & Suites,® Drury Inn,® Drury Plaza Hotel,® Pear Tree Inn by Drury,® as well as other hotels in the mid-priced hotel segment. Drury Hotels continues to provide exceptional value for business and leisure travelers with its many free amenities – Travel Happy.® For more information, visit www.druryhotels.com or call 1-800-DRURYINN. You also can find Drury Hotels on Twitter, Facebook and Instagram.
*Drury Hotels received the highest numerical score among upper midscale hotels in the proprietary J.D. Power 2006-2022 North America Hotel Guest Satisfaction Index Studies.
J.D. Power is a global leader in consumer insights, advisory services and data and analytics. A pioneer in the use of big data, artificial intelligence (AI) and algorithmic modeling capabilities to understand consumer behavior, J.D. Power has been delivering incisive industry intelligence on customer interactions with brands and products for more than 50 years. The world's leading businesses across major industries rely on J.D. Power to guide their customer-facing strategies.
J.D. Power has offices in North America, Europe and Asia Pacific. To learn more about the company's business offerings, visit JDPower.com/business. The J.D. Power auto shopping tool can be found at JDPower.com.
For additional information, contact:
David Nischwitz
314-587-3041
david.nischwitz@druryhotels.com
Patrick Barry - BYRNE PR
314-540-3865
Patrick@ByrnePR.net
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SOURCE Drury Hotels | https://www.weau.com/prnewswire/2022/07/13/drury-hotels-earns-record-breaking-17th-consecutive-jd-power-award/ | 2022-07-13T12:42:31Z | https://www.weau.com/prnewswire/2022/07/13/drury-hotels-earns-record-breaking-17th-consecutive-jd-power-award/ | false |
MIAMI, July 13, 2022 /PRNewswire/ -- Aleph Group, Inc, a leading global enabler of digital advertising in emerging countries, announces a minority investment in Mediam Group, the first official Google Media Representative globally.
Aleph is acquiring a minority share of Mediam Group. With the addition of Google's ad products to the comprehensive solutions Aleph provides to over 15,500 global and local advertisers, this strategic investment further strengthens the global reach of Aleph - Now active in 90+ markets and operating 50+ offices across 4 continents for over 30 of the leading digital platforms.
"Mediam's purpose is to work together with agencies and advertisers to develop and accelerate the digital ecosystem in the region as The Google Representative. Becoming part of Aleph's family is the right step to take Mediam to new heights, leveraging its global scale, vast expertise and strong leaders, who we've known for many years." said Alberto Alvarez, CEO, Mediam Group.
Mediam founded by LDM Holding in 2021, supports hundreds of advertisers with dedicated, experienced and local teams in Panama, Guatemala and Costa Rica to optimize their ads accounts across Google Products (Search, YouTube, Display, DV360).
"The investment in Mediam marks another milestone for Aleph. Historically, Aleph has strong roots in the LATAM region through its brand IMS, (Internet Media Services) and by adding Mediam, we deliver on the key promise of Aleph, to provide access to advertising and digital education across the world and Central America." says Gastón Taratuta, CEO of Aleph.
Press contacts
elyse@alephholding.com
Aleph is a leading global enabler of digital advertising connecting thousands of advertisers in emerging countries with the world's leading digital platforms.
Aleph represents the world's leading platforms in 90+ markets across the globe where they don't have a physical presence, enabling platforms like Twitter, Meta, Snapchat, and nearly 30+ others to expand into new markets and enabling advertisers to take full advantage of the platforms' advertising capabilities. Through these long-lasting partnerships, Aleph creates the opportunity for all people and businesses to advertise at a local and global level without limits.
Find out more: alephholding.com or elyse@alephholding.com
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SOURCE Aleph Holding | https://www.kbtx.com/prnewswire/2022/07/13/aleph-group-inc-announces-minority-investment-mediam-group-googles-official-media-representative-central-america/ | 2022-07-13T12:42:38Z | https://www.kbtx.com/prnewswire/2022/07/13/aleph-group-inc-announces-minority-investment-mediam-group-googles-official-media-representative-central-america/ | true |
Updated July 13, 2022 at 7:01 AM ET
Ginger Chandler had a hunch. She'd spent years developing products for major gun manufacturers Smith & Wesson and Remington, so gun safety was a big topic at home. But when her stepfather passed away, she worried that her own gun-savvy mom didn't store his gun properly — the type of common mistake that causes scores of accidental deaths in the U.S. each year. When they went to check on the gun, there it sat in an unlocked drawer with the ammo next to it.
"I said, 'Mom, we talk about this all the time. If you didn't know, there are so many people who don't know,'" Chandler recalled.
This anecdote is part of what motivated Chandler to join the startup LodeStar Works as it develops a "smart gun" that features three options so that it can be unlocked only by its registered owner. This type of technology could help prevent accidental firearm deaths, suicides or homicides by unauthorized users. But it's not gun control, and it also would not prevent a mass shooting perpetrated by someone who legally purchased the weapon used.
"In the United States, there are a lot of firearms out there, and people are just unaware that their own firearms aren't safe. Everybody's kind of going, 'Oh, that guy's stuff is not safe but mine's good,'" Chandler said.
The LS9, a 9 mm pistol that Chandler and her team hope to bring to market next year, uses biometrics so that the owner's thumbprint can unlock the weapon, as well as a PIN pad and a Bluetooth connection that works with a mobile app.
It’s the heart of the LodeStar Works Firearm that sets it apart. This ‘Locking Mechanism’ will change the way you carry!
— LodeStar Works (@LodestarWorks) June 20, 2022
Learn more at https://t.co/TKY9j32sll#personalizedcarry #edc pic.twitter.com/naf4j2nHjm
Gun violence is one of the most confounding and intractable problems in the United States. Every day, over 100 people die from gunshots — part of the more than 300 individuals who are shot each day, according to the Brady Campaign to Prevent Gun Violence. But the right to own guns is enshrined in the U.S. Constitution, and the issue has torn at America's social fabric.
While not explicitly opposed to smart guns, the National Rifle Association has raised concerns that if these firearms become commercially viable, the technology could become mandatory for all guns sold in the United States. In fact, President Biden's own campaign platform called for all firearms sold nationwide to be smart guns. And a recent NPR/Ipsos survey found that most American gun owners support moderate gun control measures such as background checks or increased age requirements.
But the last time a smart gun was available in the U.S., it failed miserably. In 2014, hackers broke into the radio-frequency identification (RFID) of German manufacturer Armatix's product, and magnets could also disable the locking mechanism.
Chandler is determined to get it right this time. At the next level of testing, when the prototypes will be tooled up, LodeStar Works plans to enroll the help of hackers to identify any potential weaknesses and resolve them. Additionally, the profile of the typical gun buyer has changed significantly, which could help improve the viability of a product like the LS9 on the market. Last year, in the midst of the COVID-19 pandemic, about half of new gun owners were women, and nearly half were people of color.
"They want to own their own destiny. But they also have small children at home. ... Maybe they're working remotely with their older children," Chandler explained. "They don't want to just have firearms out, but they also want to be in control."
LodeStar Works uses #bluetooth tech to connect to its personalized firearm. #BelieveItOrNot it’s happening #righthererightnow pic.twitter.com/xhU6o5NIRa
— LodeStar Works (@LodestarWorks) April 20, 2022
Margot Hirsch has provided support to innovators like Chandler through her Smart Tech Challenges Foundation for the better part of a decade. In 2014, the foundation provided a total of $1 million in grants to 15 gun safety innovators.
"Breaking ground in a very traditional industry continues to be hard," Hirsch said. "The firearm industry is not one to innovate. My sense is they'll only do it when they're forced to do it. And so it takes really brave innovators to forge a path in this area."
Firearm-related injuries are now the leading cause of death among children and adolescents from age 1 to 19, according to expert analysis of data from the Centers for Disease Control and Prevention. And that's where Hirsch says smart guns could play an important role in reducing deaths.
"Mass shootings, as horrific as they are — and they obviously dominate the news — they account for less than 2% of the injuries and deaths due to guns," she said. "Although a smart gun might not prevent a mass shooting, they could definitely be used to address youth suicides."
At the same time, it's unlikely that traditional guns would get traded in for smart guns, which aren't even sold yet.
"We do believe that gun owners, when they go to buy new guns, will consider these guns for multiple reasons, and one is for personal protection," Hirsch explained. "This could be the gun that is readily available, let's say, on the bedside table, in the kitchen, wherever, where it's secured and locked and their children can't access it. But they know that if someone broke in their house or tried to take their weapon from them, it could not be used in that type of scenario."
Anti-gun violence activists note that introducing smart guns is also adding to the number of weapons available, but Hirsch stresses that firearms are going to remain available "for the foreseeable future."
"So, if people are going to continue to buy guns, we believe it is imperative that there is a smart gun option on the market. I do think it's imminent," she said.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.knau.org/2022-07-12/smart-gun-innovators-seek-to-reduce-firearm-deaths | 2022-07-13T12:42:45Z | https://www.knau.org/2022-07-12/smart-gun-innovators-seek-to-reduce-firearm-deaths | true |
CALGARY, AB, July 13, 2022 /PRNewswire/ - Decibel Cannabis Company Inc. (the "Company" or "Decibel") (TSX-V: DB) (OTCQB: DBCCF), a premium cannabis producer, is pleased to provide a preliminary outlook for net revenue and Adjusted EBITDA1 for the second quarter, ending June 31, 2022.
"In the second quarter Decibel continued to match and exceed revenue projections, and significantly exceed EBITDA projections. Performance was driven by exceptional continued growth in demand for our popular brands and new products. This, coupled with prioritizing certain key capital initiatives, generated gross margin and EBITDA significantly beyond our forecast," said Paul Wilson, CEO of Decibel. "We expect revenue in the quarter to be in the $18.5 - $19.5 range and corresponding Adjusted EBITDA in the $3.0 - $3.5M range. Margins and profitability expanded with our automation, infrastructure and cost engineering improvements coming online earlier than planned. These improvements have been in the pipeline and impacted the end of Q2, with the full impact unfolding in the third and fourth quarter. The impact of these projects appears to be well beyond our projections for gross margin expansion."
- Demonstrated positive cash flow from operations in first two quarters of 2022
- Anticipated Adjusted EBITDA of $3.0 to $3.5 million ($2.5 million Q1 2022)
- Anticipated Net Revenue of $18.5 to $19.5 million
- Anticipating significant ongoing gross margin and profitability increases
- Significant amount of cost engineering and automation infrastructure investments realized in late Q2 and early Q3, with potential for Decibel to exceed previously stated targeted gross margin of 40 – 45%.
The Company will release its second quarter financial results and related management discussion and analysis for the period ended June 30, 2022, on August 18, 2022, before markets open.
Decibel is uncompromising in the process and craftsmanship needed to deliver the highest quality cannabis products and retail experiences. Decibel has three operating production houses along with its wholly owned retail business, Prairie Records. The Qwest Estate in Creston, BC is a licensed and operating 26,000 square foot cultivation space which produces the widely championed, rare cultivar-focused brands Qwest and Qwest Reserve, which are sold in six provinces across Canada. Thunderchild Cultivation, is a licensed and operating 80,000 square foot indoor cultivation facility in Battleford, SK. The Plant, Decibel's extraction facility, in Calgary, AB has 15,000 square feet of Health Canada licensed extraction and product development space. This production house will fuel the growth of our brands Qwest, Qwest Reserve, Blendcraft, and General Admission, into new and innovative product formats like concentrates, vapes, edibles and beyond.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains the financial performance metric of Adjusted EBITDA, a measure that is not recognized or defined under IFRS (a "Non-GAAP Measure"). As a result, this data may not be comparable to data presented by other cannabis companies. For an explanation and reconciliation of Adjusted EBITDA to related comparable financial information presented in the Financial Statements prepared in accordance with IFRS, refer to the Company's MD&A for the three and twelve months ended March 31, 2022. The Company believes that Adjusted EBITDA is a useful indicator of operational performance and is specifically used by management to assess the financial and operational performance of the Company.
The Company calculates Adjusted EBITDA as net loss and comprehensive loss excluding unrealized gain on changes in fair value of biological assets, change in fair value of biological assets realized through inventory sold, depreciation and amortization expense, share-based compensation, other income, finance costs, foreign exchange loss, non-cash production costs and severance payments. Non-cash production costs relate to amortization expense allocations included in production costs. Non-GAAP Measures should be considered together with other financial information prepared in accordance with IFRS to enable investors to evaluate the Decibel's operating results, underlying performance and prospects in a manner similar to Decibel's management.
Accordingly, this Non-GAAP Measure is intended to provide additional information and should not be considered in isolation or as a substitute for measures of performance prepared in accordance with IFRS.
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements.
In this news release, forward-looking statements relate to, among other things, anticipated gross margin, revenue for Q2 in the $18.5 - $19.5 range and corresponding EBITDA in the $3.0 - $3.5M range; cash flow from operations; strong net revenue growth and margin expansion outpacing SG&A; the expectation that the full impact of certain improvements will be realized in the third and fourth quarter of 2022 and that such projects will be well beyond the Company's projections for gross margin expansion; anticipated significant gross margin and profitability increases; the anticipated release date of the Company's second quarter financials; and the Company's ability to grow Qwest, Qwest Reserve and Blendcraft brands into new and innovative product formats, variations and its other business plans and expectations. Forward-looking statements and FOFI (as defined herein) are necessarily based upon a number of estimates and assumptions that, while considered reasonable, are subject to known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking statements. Such factors include, but are not limited to: risks relating to delays, regulatory changes and impacts, capital requirements, construction impacts, displacement requirements and unforeseen requirements resulting from the COVID-19 pandemic, the ability to obtain and maintain licences to retail cannabis products; review of the Company's production facilities by Health Canada and maintenance of licences (including any amendments thereto) from Health Canada in respect thereof; future legislative and regulatory developments involving cannabis; inability to access sufficient capital from internal and external sources, and/or inability to access sufficient capital on favourable terms; the labour market generally and the ability to access, hire and retain employees; the risk that the Company may not remain in compliance with all of its financial covenants; general business, economic, competitive, political and social uncertainties; timing and completion of construction and expansion of the Company's production facilities and retail locations; and the delay or failure to receive board, regulatory or other approvals, including any approvals of the TSX Venture Exchange, as applicable. Many of these risks and uncertainties and additional risk factors are described in the Company's Annual Information Form for the year ended December 31, 2020 and Management's Discussion and Analysis for the year ended December 31, 2021, which are available at www.sedar.com. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this news release.
[NTD: Decibel to confirm assumptions] With respect to forward-looking statements and FOFI contained in this press release, Decibel has made assumptions regarding, but not limited to: Decibel's ability to enter new markets and industry verticals; Decibel's ability to attract, develop and retain key personnel; Decibel's ability to raise additional capital and to execute on its plans; the timelines for new product launches, Decibel's ability to continue investing in infrastructure and implement scalable controls, systems and processes to support its growth; the impact of competition; the changes and trends in Decibel's industry or the global economy; the Company's ability to generate sufficient cash flow from operations and obtain financing, if needed, on acceptable terms or at all; the general economic, financial market, regulatory and political conditions in which the Company operates; the ability of the Company to ship its products and maintain supply chain stability; consumer interest in the Company's products; anticipated and unanticipated costs; government regulation of the Company's activities and products; the timely receipt of any required regulatory approvals; the Company's ability to conduct operations in a safe, efficient and effective manner; the Company's construction plans and timeframe for completion of such plans; and the changes in laws, rules, regulations, and global standards.
Any financial outlook or future oriented financial information (in each case "FOFI") contained in this news release regarding prospective financial position, including, but not limited to: anticipated gross margin, revenue for Q2 in the $18.5- $19.5 range and corresponding adjusted EBITDA in the $3.0 - $3.5M range; the expectation that the full impact of certain improvements will be realized in the third and fourth quarter of 2022 and that such projects will be well beyond the Company's projections for gross margin expansion; anticipated significant gross margin and profitability increases, is based on reasonable assumptions about future events, including those described above, based on an assessment by management of the relevant information that is currently available. The actual results will likely vary from the amounts set forth herein and such variations may be material.
Readers are cautioned that the foregoing list of assumptions and risk factors is not exhaustive. The forward-looking statements and FOFI contained herein are expressly qualified in their entirety by this cautionary statement. The forward-looking statements and FOFI included in this news release are made as of the date hereof and Decibel does not undertake any obligation to publicly update such forward-looking statements and FOFI to reflect new information, subsequent events or otherwise unless so required by applicable securities laws.
The Company's expectations for its gross margin, cash flow from operations, net revenue and adjusted EBITDA (see "Non-GAAP Measures") are based on, among other things, the Company's anticipated financial results for the three and six month period ended June 30, 2022. The Company's anticipated financial results are unaudited and preliminary estimates that: (i) represent the most current information available to management as of the date of hereof; (ii) are subject to completion of interim review procedures that could result in significant changes to the estimated amounts; and (iii) do not present all information necessary for an understanding of the Company's financial condition as of, and the Company's results of operations for, such periods. The anticipated financial results are subject to the same limitations and risks as discussed under "Forward Looking Statements" above. Accordingly, the Company's anticipated financial results for such periods may change upon the completion and approval of the financial statements for such periods and the changes could be material.
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WASHINGTON, D.C. — Childcare provider Damaris Mejia is about to get the biggest pay raise of her life, starting this summer: the District of Columbia will send her and her co-teachers each a big check, between $10,000 and $14,000.
At last, "I will have happy teachers!" she says, laughing.
It's part of a broader push — made more urgent by the pandemic — as D.C. and dozens of states try different ways to fix a childcare system that is badly broken. Some are using temporary pandemic aid, while others seek longer term funding. Last year, Louisiana passed a sports betting bill that designates 25 percent of revenue for early learning programs. Wherever the money comes from, advocates across the country say something must be done to ease the fundamental challenge of providing care families can afford, while allowing providers to earn a living.
Mejia has run Arco Iris ABCD out of her D.C. rowhouse for six years, with a decade of experience before that. On a recent afternoon, she chats with three toddlers as they draw the solar system. A few feet away, three babies nap. Mejia is proud of the quality care and early education she and two co-teachers provide, and research shows it's crucial for children's brain development and success in school.
To ensure that quality, Washington, D.C. is requiring more teacher training, which Mejia says makes her challenge even greater.
"We have one teacher who is in university right now, and then another teacher who has her child development associate's degree," she says. "So we have to be able to give them better pay ... as the years go along."
Mejia pays her teachers $17 an hour. Now, that's well above the national median of $13 an hour that makes childcare one of the country's lowest paid occupations. But in pricey D.C., it's barely above minimum wage, which became $16.10 as of July 1. Mejia earns about $30,000 a year. Her profit margin is so thin, she'll sometimes forgo her own pay to meet bills, and she's behind on taxes.
She says her pay bump will go first toward helping pay those back taxes. One of her teachers, Ana Gonzalez, says it will help her finally achieve a goal of having her own house; she and her 24-year-old daughter plan to split the cost and buy something together.
The Treasury Department has deemed U.S. childcare a market failure
For years, families and providers have struggled with a system the U.S. Treasury Department calls a market failure. President Biden proposed a major long term investment to raise the wages of childcare providers, and make it affordable or even free for working families. But that plan remains sidelined in Congress.
"Our early learning system is in a really fragile state," says Kimberly Perry, executive director of the advocacy group DC Action.
Perry says this year's bonus checks to D.C. providers will launch a transformation that began before the pandemic. In 2018, she helped push through a law to help families pay for childcare — D.C.'s is among the most expensive in the country at more than $2,000 a month — and to stem a shortage of early educators by paying them more on par with public school teachers.
"Their peers in the public school system, doing comparable work, might begin their careers making $60, $63,000 a year," Perry says. "That's a big gap."
The new law was unfunded until last year, when the city council passed a tax increase on wealthier households. Among other things, that will fund the bonus checks to childcare providers this year and next, until the pay raise is funneled into regular paychecks. But the tax increase will only cover less than a quarter of what the law calls for.
Thousands left the field when COVID-19 forced childcare centers around the country to close, and early care expert Elliot Haspel says the industry still suffers from one of the worst labor shortages. He says it's become crystal clear that if early educators don't show up for work, millions of others can't either.
"You can quite legitimately argue that if you want to reduce deficits, increase economic productivity, help with the supply chain, help with inflation, child care is a key economic policy," says Haspel, the author of "Crawling Behind: America's Child Care Crisis and How To Fix It."
That's why Haspel, Perry and others say the United States should invest far more in childcare, and that federal funding is the only real solution. Haspel says it's all the more urgent given the overturn of Roe v. Wade last month, since women denied abortions are more likely to fall deeper into poverty. But right now the U.S. ranks near the bottom of rich countries in public spending on early education.
"Even for the lower and moderate income kids who are eligible for subsidy under the current system," Haspel says, "only one in nine are actually getting them," largely because of the lack of funding.
The United States is also far behind most rich nations in the share of mothers with young children who are in the workforce. Recent research suggests child care subsidies could allow more than one million U.S. moms to work full-time jobs.
More money doesn't always solve a complicated problem
Last year, Texas offered one year of free childcare for service industry employees. It was a bid to boost tourism, and the economic recovery, by getting more people working. But it was a bust and hardly anyone enrolled. Advocates blame bureaucratic hitches with implementation, and a disconnect with job hours.
"Your service industry employees often are working evenings, nights, weekends, and there is hardly any care available during those hours," says Cody Summerville, executive director of the Texas Association for the Education of Young Children.
Summerville says Texas is also using federal pandemic aid to give childcare providers sizeable grants, and they have a lot of flexibility in how they can spend it. The money can go to defray rising rents and utilities, higher wages or a signing bonus to lure back teachers, or more training to give them a pathway to advancement. Still, he says, there continues to be intense competition as other industries have been raising their own wages.
"We see across the state, even with the increased funds to the field, that child care is still struggling to attract and retain employees. And there are waitlists at most centers across the state," he says.
What's more, he says Texas is only able to provide childcare subsidies to 7 percent of families who qualify for them, even lower than the national rate. That means a wait list of more than 40,000. And in addition to those wait lists, there are many frustrated people like Tabitha Burkman.
"We make too much to get help, but we don't make enough to actually help ourselves," says the mother of three who lives in Stamford, Texas.
Her husband is a truck driver, and in the past she's worked as a behavioral teacher's assistant in mental health for at-risk children. She says in three different states they have failed to qualify for assistance of any kind. Most recently, even on her husband's income alone, they were deemed $23 over the cutoff.
Burkman is looking for work and open to whatever she can find in Abilene, about 45 minutes away from her small town. She says it makes no sense to take a job if everything she earns just goes to childcare, but it's tough finding work without any coverage. She just lost out on two positions because "my availability and flexibility just wasn't there for them."
In the meantime, "I've just been picking up work where I can, whether that's mowing someone's grass, scrubbing a toilet, just anything and everything." She says she is excellent at budgeting, and "I have fed a family of 5 and 2 dogs on $65 a week."
New Mexico wants to create its own universal childcare
In New Mexico, Rosalinda Velarde says she and her husband are lucky to have wonderful childcare, and before the pandemic they paid a subsidized lower rate.
"Anywhere between $130 to $170 for childcare monthly," she says, "so it was still a pretty big chunk of money."
But these days, they pay nothing. New Mexico is using federal pandemic aid to dramatically expand subsidies, making childcare free not just for low income families but also those well into the middle-class. Velarde says it's been a lifesaver, especially with a new baby, and her husband's recent career switch to driving trucks. Plus, of course, inflated prices for everything.
"Now, instead of using it for childcare, I'll use it for gas," she says with a laugh. "You know, it's either one bill or the other."
But that expanded free childcare — as with so much other childcare spending around the country — is set to end next summer, when the federal aid stops. Many advocates worry that will bring more pain for providers and parents.
New Mexico hopes to cushion the blow. In fact, its pandemic spending is part of a long-term project aimed at "building a universal, high-quality, and family-centered early childhood system," says Elizabeth Groginsky, the state's Secretary for Early Childhood Education.
As a next step, this fall a ballot measure will ask voters to OK use of a share of the state's oil and gas revenues to permanently fund early education.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.knau.org/npr-news/npr-news/2022-07-13/bonus-checks-one-year-free-how-states-are-trying-to-fix-a-broken-childcare-system | 2022-07-13T12:43:22Z | https://www.knau.org/npr-news/npr-news/2022-07-13/bonus-checks-one-year-free-how-states-are-trying-to-fix-a-broken-childcare-system | false |
Helios Secures $6M in Seed Funding, on the path to develop onsite resources for the Moon, their scientists stumble across novel approach to green iron production – at 20% lower cost
TEL AVIV, Israel, July 13, 2022 /PRNewswire/ -- Helios announces that its ambition to create an emission-free future for the steel industry will be fuelled by $6M in capital, due to a seed round led by At One Ventures, the "net positive to nature" investment firm, and Doral Energy-Tech Ventures. Deep tech investor Metaplanet and a global Top 5 mining company are also participating in this round.
Current methods of steel production emit large quantities of CO2 through the reduction of iron ore with carbon. For every ton of steel, approximately 2 tons of CO2 are emitted, making the industry responsible for 8% of humanity's carbon footprint. Additionally, the U.S. steel industry relies on natural gas and coal coke and breeze for fuel, accounting for roughly 6% of total energy consumed by manufacturing.
Yet efforts to decarbonize the industry through methods like H2 injection, carbon capture, and electrolysis will increase the cost of production, making adoption by major manufacturers difficult to justify.
"The steel industry is extremely cost-sensitive," explains Prof. Raúl Topolevsky, a senior advisor to steel makers and an industry expert. "Many companies are now committing to reducing emissions with targets to achieve carbon neutrality across all operations by a certain date. But 'green steel' often comes at a premium price, and if their costs increase, it negatively affects the entire economy."
Helios, led by founder and CEO Jonathan Geifman, did not set out to make green steel at a lower cost. The company's original goal – and still is, to produce oxygen to sustain recurring missions to the moon by producing it on site. Their proprietary technology extracts oxygen from lunar regolith, the mixture of powdery dust and broken rock on the surface of the moon.
"On the moon we don't have the luxury of using carbon for energy, you have to be extremely efficient and cannot waste or emit anything," said Geifman. "The extraterrestrial environment really pushes your R&D to the extreme. You cannot be iterative and must reinvent processes entirely. That is how we came up with this completely novel method of extraction that we soon realized would be beneficial for life on earth as well."
"It's fascinating to me that while Helios was focused on creating technologies to further sustainable Moon missions and habitation – literally taking its 'moonshot' – they stumbled across this brand-new process to benefit life on earth," said Uri Oron, Director of the Israel Space Agency at the Ministry of Innovation, Science and Technology. "This is a great example of the close connection between space technology and its impact on our lives here on Earth," he added.
Helios scientists discovered that the technology created for the reactor built to extract oxygen and iron from regolith could also be used to extract 99% pure iron from iron ore, using an entirely novel chemical process. The method requires 50% less energy than what is currently used in the industry, while operating at temperatures so low that a household oven will suffice to initiate the process.
Unlike other green steel technologies, Helios does not require steelmakers to dramatically alter their existing processes. The company is designing a module that can be integrated into Direct Reduction of Iron (DRI) furnaces. This approach will reduce cost and facilitate faster adoption.
"Given the frictionless integration approach and superior unit economics compared to conventional iron reduction approaches, we saw potential in Helios to impact steelmaking and decarbonize the industry faster than incumbent technologies," said Laurie Menoud, Partner, At One Ventures. "We believe they will accomplish their master goal of enabling sustainable human life in space, but in the meantime, they are enabling sustainable human life here on earth."
Helios will leverage the new funding to demonstrate its technology on a larger scale, comparable to industry norms. Additionally, it will begin commercial agreements to build pilot plants globally, with the capacity to produce multiple tons of iron per day, as well as enhancing integration of its technology into the chain of production.
For additional information, Visit https://www.project-helios.space/
About At One Ventures
At One Ventures invests in deep-tech start-ups catalyzing a world where humanity is a net positive to nature. The firm is highly technical and was founded by Tom Chi, former Head of Experience and founding member at Google X. At One Ventures finds, funds, and grows companies that are using disruptive deep tech to upend the unit economics of established industries while dramatically reducing their planetary footprint. visit https://www.atoneventures.com/.
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Investment to accelerate Sanctuary Wealth's growth and reshape the wealth management industry
INDIANAPOLIS, July 13, 2022 /PRNewswire/ -- Sanctuary Wealth, home to the next generation of elite advisors, announced it has closed a $175 million investment from Kennedy Lewis Investment Management ("Kennedy Lewis"), a leading opportunistic credit manager. The funds will be used to fuel Sanctuary Wealth's M&A strategy and the organic growth of its partner firms, including advancing key priorities that will enhance the company's technology solutions and talent management initiatives.
"Kennedy Lewis is the ideal partner to help us write the next chapter of Sanctuary Wealth's story," said Jim Dickson, CEO, and Founder of Sanctuary Wealth. "This partnership will propel us forward as we continue to invest in our technology and people, while also empowering our partner firms to reach the next level of their growth potential. Our acquisition strategy will further establish Sanctuary Wealth as an M&A leader in the independent advisory space."
"In a short period of time, the Sanctuary Wealth leadership team has built a world-class, client-first business that is poised to continue disrupting the highly fragmented U.S. RIA industry," said David K. Chene, Co-Founder of Kennedy Lewis. "This is an exciting opportunity for Kennedy Lewis to invest behind an innovative platform as it embarks on the next stage of growth."
Launched in 2018, Sanctuary Wealth is a holistic wealth platform for advisors who desire to own their businesses and values, allowing them to access the resources of a much larger organization. Sanctuary Wealth has accelerated its expansion in the past year, over which time it has onboarded 20 new advisor teams from across the country, taking assets under advisement to approximately $25 billion. Contributing to Sanctuary Wealth's growth is its Partnership Program, which helps independent advisors nearing retirement without a succession plan to engineer a sale to either fully or partially exit their business. In such situations, Sanctuary Wealth may act as a matchmaker to pair the exiting advisor with a partner firm from within the Sanctuary Wealth network, which has a strong appetite for growth through acquisition.
To assist partner firms in developing their own businesses to the fullest and meeting all of their clients' needs, Sanctuary Wealth has steadily built out the range of solutions on its multi-custodial hybrid platform including a new bespoke alternative investments platform, a Turnkey Asset Management Program ("TAMP") offering, insurance solutions, family office services, legacy planning, consumer and business lending solutions, as well as access to the industry's latest technology stack integrated into a best-in-class work station.
"It's been an exciting four years for Sanctuary Wealth and our partner firms, and we're only beginning to hit our stride," Dickson added. "This capital raise will allow us to continue delivering on our strategic goals and to run our own plays with the support of outstanding partners. We are also grateful to Azimut for their trust and confidence in Sanctuary Wealth; we are happy they will continue to be an investor who helps us expand the global reach of partnered independence."
Advisor Growth Strategies served as Sanctuary Wealth's exclusive financial advisor on the transaction, while Kilpatrick Townsend & Stockton LLP served as its legal counsel.
About Sanctuary Wealth
Sanctuary Wealth (sanctuarywealth.com/) is the advanced platform for the next generation of elite advisors, who have the entrepreneurial spirit to build and own their own practices and desire the freedom to deliver the tailored service their clients deserve. Sanctuary Wealth's ecosystem of partnered independence provides a complete technology and operations platform, as well as support from a community of like-minded advisors and the resources of invaluable affiliated businesses. Currently, the Sanctuary Wealth network includes 79 partner firms in 26 states across the country with approximately $25 billion in assets under advisement. Sanctuary Wealth includes the fully owned subsidiaries; Sanctuary Advisors LLC, an SEC-registered investment adviser, Sanctuary Securities, Inc. a FINRA member broker-dealer as well as Sanctuary Asset Management, Sanctuary Insurance Solutions, Sanctuary Global, and Sanctuary Global Family Office.
About Kennedy Lewis
Kennedy Lewis is an opportunistic credit manager founded in 2017 by David K. Chene and Darren L. Richman with more than $10 billion under management across private funds and CLOs. Kennedy Lewis' private funds primarily focus on middle-market companies facing disruption, whether it be cyclical, secular, or regulatory related. The firm also partners with high-growth companies that are causing disruption, providing structured capital solutions to fit their needs. For more information, please visit Kennedy Lewis' website at www.klimllc.com.
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LGBTQ social media users say social media is neither a welcoming nor a safe place for them, a new GLAAD report shows.
In a survey, 84% of LGBTQ adults said not enough protections are on social media to prevent discrimination, harassment or disinformation, according to the report. Additionally, 40% of LGBTQ adults, as well as 49% of transgender and nonbinary people, do not feel welcomed and safe on social media.
This is because of the levels of hate and harassment they face while on platforms such as Twitter, TikTok, Instagram, Facebook and YouTube, according to GLAAD.
GLAAD's findings, released Wednesday, are a part of the organization's second annual Social Media Safety Index — a report on LGBTQ user safety across those five major social media platforms. GLAAD is the world's largest lesbian, gay, bisexual, transgender and queer media advocacy organization.
GLAAD graded each social media company based on each platform's measures to protect LGBTQ users. It took into account features such as whether those platforms offer gender-pronoun options on profiles or block ads that could be harmful or discriminatory.
Instagram, Facebook, Twitter, YouTube and TikTok all received failing grades, with each receiving a score under 50 out of a possible 100. TikTok scored the lowest at 43%. Instagram scored the highest at 48%.
Online hate and harassment quickly turn into real-world problems for LGBTQ people, and these social media platforms must do more to stop it, according to GLAAD.
"Today's political and cultural landscapes demonstrate the real-life harmful effects of anti-LGBTQ rhetoric and misinformation online," GLAAD's president and CEO, Sarah Kate Ellis, said in a statement. "The hate and harassment, as well as misinformation and flat-out lies about LGBTQ people, that go viral on social media are creating real-world dangers, from legislation that harms our community to the recent threats of violence at Pride gatherings."
Ellis went on to say, "Social media platforms are active participants in the rise of anti-LGBTQ cultural climate and their only response can be to urgently create safer products and policies, and then enforce those policies."
A recent report by the Anti-Defamation League revealed that 66% of
LGBTQ+ survey respondents reported experiencing hate-based online harassment — a far-higher level than non-LGBTQ+ individuals at 38%. That report also showed that 54% of LGBTQ+ respondents reported experiencing "severe harassment," which covers physical threats, stalking, sexual harassment and doxing.
Several state legislatures across the U.S. have adopted anti-gay and anti-trans laws that limit conversations about sexuality and gender identity in schools or block gender-affirming care for trans children.
Viral hate speech and misinformation are a big driver of those anti-LGBTQ bills, according to GLAAD's report.
"Platforms are largely meeting this dangerous misinformation with inaction and often do not enforce their own policies regarding such content," the organization said in its news release.
The organization made several recommendations that it says each social media company should adopt to address issues on their platforms.
These include protecting LGBTQ users' data privacy, especially in areas where they are particularly vulnerable to serious harm and violence.
"This includes ceasing the practice of targeted surveillance advertising, in
which companies use powerful algorithms to recommend content to users in order to maximize profit," GLAAD says.
The organization also recommends that these companies improve their algorithms so that they do not amplify harmful content, extremism and hate. Content moderators should also get more training to better understand the needs of users so that they can remove content that can be hurtful, GLAAD said.
The organization applauded TikTok and Twitter for prohibiting users from misgendering or deadnaming (disclosing a person's birth name) transgender and nonbinary people.
"All platforms should follow the lead of TikTok and Twitter and should immediately incorporate an explicit prohibition against targeted misgendering and deadnaming of transgender and non-binary people into hateful conduct policies," GLAAD's senior director of social media safety, Jenni Olson, said in a statement. "This recommendation remains an especially high priority in our current landscape where anti-trans rhetoric and attacks are so prevalent, vicious, and harmful. We also urge these companies to effectively moderate such content and to enforce these policies."
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.apr.org/science-health/2022-07-13/glaad-gives-social-media-giants-poor-grades-over-lack-of-protections-for-lgbtq-users | 2022-07-13T12:47:10Z | https://www.apr.org/science-health/2022-07-13/glaad-gives-social-media-giants-poor-grades-over-lack-of-protections-for-lgbtq-users | true |
LeBron James is publicly criticizing the United States' handling of WNBA All-Star Brittney Griner's case in a trailer for an upcoming episode of his television show: "The Shop: Uninterrupted."
Griner is on trial in Russia for drug possession. She pleaded guilty last week and will appear again in court on Thursday.
"Now, how can she feel like America has her back?" James said in the trailer. "I would be feeling like, 'Do I even wanna go back to America?'"
It's unclear when the show was filmed, although in the trailer it is mentioned that Griner had been in Russia for more than 110 days, which would have been nearly five weeks ago as she was detained on Feb. 17.
During the weeks since day 110, in addition to the trial beginning and the guilty plea, Griner's wife Cherelle has had a phone conversation with President Joe Biden. Biden also received a letter from Brittney Griner on July 4 and sent a letter back to her which she was given in court last week.
There is also no mention of other detained Americans in the trailer.
Klutch Sports Group, the agency that represents James, did not immediately respond to a request for comment.
Washington hasn't disclosed its strategy in the case and the U.S. may have little leverage with Moscow because of strong animosity over its actions in Ukraine. The State Department's designation of Griner being wrongfully detained moves her case under the supervision of its special presidential envoy for hostage affairs, effectively the government's chief hostage negotiator.
U.S. Secretary of State Antony Blinken has said Washington will continue to work for the release of Griner, as well as other Americans held by Moscow, including former Marine Paul Whelan.
"We will not relent until Brittney, Paul Whelan, and all other wrongfully detained Americans are reunited with their loved ones," he tweeted last week,
National Security Adviser Jake Sullivan said Monday that former New Mexico Gov. Bill Richardson had been in contact with the National Security Council, but wouldn't comment on "his travel or what he intends to do" amid reports that Richardson plans to travel to Russia and work on Griner's release.
James' show will air on Friday. | https://www.wthr.com/article/sports/lebron-critical-on-his-show-of-us-efforts-to-get-griner-home/281-608d6e2b-9f37-4ca2-bdfb-fcaae9e09022 | 2022-07-13T12:48:46Z | https://www.wthr.com/article/sports/lebron-critical-on-his-show-of-us-efforts-to-get-griner-home/281-608d6e2b-9f37-4ca2-bdfb-fcaae9e09022 | true |
NEW YORK , July 13, 2022 /PRNewswire/ -- Veriff, a global identity verification provider, today announced that it now supports Arabic identity documents for identity verification that use the Arabic alphabet. Currently, the Arabic documents supported include Egyptian ID, Saudi ID and Saudi residence permit; this will be expanded to additional documents in the near future.
The Arabic document support for our clients gives wider access to commonly used identity documents and supporting users who were previously unable to be verified because their identity documents feature personal data, such as names, written only in Arabic characters. Now, with Veriff they can go through the IDV process seamlessly with documents where the Arabic alphabet is used.
Aryna Dashkovskaya, Product Manager at Veriff said, "We at Veriff want to support businesses expanding globally and verifying as many potential customers as possible. Therefore we're always pushing to add new languages and documents to our flow. The Arabic document update is a huge advantage for potential customers who couldn't previously get verified with Veriff."
Veriff strives to be the global solution to online identity verification, and continues to expand its offerings to make it possible for all businesses and users to safely live online. Veriff's intelligent decision engine can analyze thousands of technological and behavioral variables in seconds, matching people to more than 10,200 government-issued IDs from over 190 countries. Veriff's verification flow is available in 45 languages, making identity verification service available in more languages than competition in the industry.
About Veriff
Veriff is a global online identity verification company that enables organizations to build trust with their customers through intelligent, accurate, and automated online IDV. Founded in 2015, Veriff serves a global portfolio of organizations across financial services, crypto, gaming and mobility sectors. Veriff's clients include Blockchain, Bolt, Deel, Starship, Trustpilot, Uphold, Wise and others. Veriff's latest $100 million investment round brings its total funding to $200M and its valuation to $1.5B. Veriff's investors include Tiger Capital, Alkeon, IVP, Accel, Mosaic Ventures, Y Combinator, Nordic Ninja and others. With teams in the U.S., UK, Spain and Estonia, Veriff employs over 500 people from 56 different nationalities. To learn more, visit www.veriff.com.
Logo - https://mma.prnewswire.com/media/1654545/Veriff_Logo.jpg
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SOURCE Veriff | https://www.kmvt.com/prnewswire/2022/07/13/veriff-now-supports-arabic-documents/ | 2022-07-13T12:48:55Z | https://www.kmvt.com/prnewswire/2022/07/13/veriff-now-supports-arabic-documents/ | true |
Will help law enforcement strengthen response tactics for Hobbs Municipal School District (NM), Rancocas Valley Regional HS (NJ), South Side Area School District (PA)
PHILADELPHIA, July 13, 2022 /PRNewswire/ -- ZeroEyes, Inc., creators of the only A.I.-based platform focused on weapons detection that holds the US Department of Homeland Security SAFETY Act Designation, today announced a roadshow to support active shooter training events at multiple U.S. schools. The company will conduct demonstrations and discussion sessions to educate schools and law enforcement on how to prepare for and respond to active shooter scenarios by leveraging A.I. gun detection software supported by real-time threat intelligence.
ZeroEyes is planning training events with several schools, and will begin its roadshow at the following locations:
- Hobbs Municipal School District (Hobbs, NM) - July 20
- South Side Area School District (Beaver County, PA) - July 28
- Rancocas Valley Regional High School (Mt. Holly, NJ) - August 17
The Gun Violence Archive has recorded more than 300 mass shootings in 2022, averaging 1.7 mass shootings a day. School districts remain a prime target, as evidenced by the recent shooting in Uvalde, TX. Active shooter training events are designed to improve active shooter prevention tactics and boost first responder and police response to future gun threats.
As part of the drills, law enforcement will test their response times for real-world active shooter scenarios both with and without the ZeroEyes platform. Additional school districts and businesses will be invited to attend lunch and learn sessions, hear law enforcement speak about ZeroEyes' technology, and see a demonstration of the platform.
"When we conducted an active shooter drill in 2019, it took law enforcement three minutes to reach the active shooter without ZeroEyes, and only 30 seconds with ZeroEyes," said Dr. Christopher Heilig, Superintendent, Rancocas Valley Regional High School. "ZeroEyes provides invaluable situational intelligence that helps first responders rapidly locate the person with the weapon and minimize casualties."
ZeroEyes' A.I. gun detection platform integrates with existing security cameras and utilizes hundreds of thousands of proprietary images to detect the brandishing of a gun and alert a potential gun threat. The gun detection is then sent to the ZeroEyes Operation Center (ZOC) for human verification, and a timestamp, keyframe image, and location are dispatched over desktop and mobile applications to faculty, staff and first responders within 3-5 seconds.
"I believe ZeroEyes to be a response multiplier that allows students and staff to remain safe and respond quicker when an individual decides to carry out an attack," said Gene Strickland, Superintendent, Hobbs Municipal Schools. "ZeroEyes performs as billed and is an essential component of our Safety and Security Ecosystem within Hobbs Municipal Schools."
"ZeroEyes is an integral and central part of our proactive approach to school security," said Alan R. Fritz, Jr., Superintendent, South Side Area School District. "In the event of an emergency, time is of the essence and the AI technology provided by the ZeroEyes system provides us with extra time to deploy our security measures."
"Our research has found that the average police response time for an active shooter event is approximately twelve minutes," said Mike Lahiff, CEO and co-founder of ZeroEyes. "When it comes to saving lives, response time is crucial and can have a significant impact on lives saved. By participating in active shooter training events across the U.S., we hope to demonstrate how threat intelligence provided by ZeroEyes can help schools and law enforcement respond to gun-related threats more swiftly and efficiently."
Learn more about ZeroEyes and its mission to mitigate gun violence by visiting ZeroEyes.com.
ZeroEyes delivers a proactive, human-verified A.I. gun detection software solution that integrates into existing security cameras and mitigates mass shootings and gun-related violence by reducing response times, providing actionable intelligence with images and delivering clarity among chaos – ultimately saving lives. ZeroEyes has been recognized by the U.S. Department of Homeland Security (DHS) as a promising anti-terrorism technology and is the first video analytics technology to receive SAFETY Act DT&E Designation.
Founded by Navy SEALs and Special Operations military veterans, ZeroEyes delivers accurate and real-time actionable intelligence about the brandishing of a gun near or in an occupied area or building, to local staff and law enforcement with an image of the shooter(s) and location of the threat, within 3 to 5 seconds from the moment the gun is detected. The ZeroEyes team also provides tech consulting, installation assistance and practice drills for active shooter events to enhance safety at schools, corporate and government facilities. Headquartered in the Greater Philadelphia area, the company's affordable and effective gun detection solution has been adopted by the US Department of Defense, leading public K-12 school districts, colleges/universities, commercial property groups, manufacturing plants, Fortune 500 corporate campuses, shopping malls, big-box retail stores and more. Learn more about ZeroEyes at ZeroEyes.com.
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Top languages at Parsley Health include Spanish, French, Korean, American Sign Language
DELRAY BEACH, Fla. , July 13, 2022 /PRNewswire/ -- UpHealth, Inc. (NYSE: UPH) and Parsley Health announced a partnership to provide remote language interpretation services to Parsley patients via Martti™ by UpHealth. Martti™ is an interpretation service that includes language access and is also interoperable with electronic health records (EHR) and other telehealth platforms to put patients and care teams in touch 24/7 with certified and qualified medical interpreters trained in more than 250 languages, including American Sign Language. The top languages interpreted at Parsley Health include Spanish, French, Korean and American Sign Language.
Parsley Health, the nation's leading holistic primary care practice, is designed to serve the complex health needs of women and families. Parsley Health's unique clinical model blends functional medicine with conventional primary care to address the root cause of chronic conditions – creating personalized, holistic care plans that put food, lifestyle and proactive diagnostic testing on the prescription pad alongside medication. By offering a comprehensive, holistic approach, Parsley Health is able to improve or resolve symptoms for more than 85% of patients in the first year of care, while also significantly reducing prescription drug usage and referrals to specialists.
"Bringing teleinterpretation into patient interactions, on demand, is a game-changer. Our care teams can now clearly and effectively communicate with patients of all backgrounds and cultures to better serve the whole person and get to the root of each individual's health needs," said Darcy McConnell, Senior Director of Medical Affairs at Parsley Health. "Interpretation by Martti™ further personalizes our patient care, allowing patients and their loved ones to be heard and understood in the languages they prefer."
Martti™ integrates with the existing Parsley Health telehealth platform to enable teleinterpretation in each patient encounter, incorporating seamless language access embedded in the providers' workflow. The service supports both in-person and telehealth encounters, with 250+ languages interpreted by 100% medically certified interpreters.
"Our partnership with Parsley Health brings best-in-class language access via Martti™ telehealth to support our shared mission of whole-person health and bridges disparities in healthcare," said Andy Panos, executive vice president of U.S. Telehealth at UpHealth. "We're proud to partner with Parsley Health to enhance communication as a diagnostic tool, empowering care teams to meet their patients where they are with the care they need, both online and in person."
Overall Martti™ teleinterpretation satisfaction among providers sits at 4.8 out of 5 stars. For more information about Martti™, please visit https://uphealthinc.com/martti.
UpHealth is a global digital health company that delivers digital-first technology, infrastructure, and services to dramatically improve how healthcare is delivered and managed. UpHealth's solutions holistically enable clients to deliver on their affordability, access, quality, outcomes, and patient experience goals. UpHealth's technology platform helps its clients improve access, coordinate care teams, and achieve better patient outcomes at lower cost, with care management solutions, analytics, and telehealth tools that serve patients wherever they are, in their native language. Additionally, UpHealth's technology-enabled virtual care infrastructure and services improves access to quality primary and acute care, behavioral health, and pharmacy services. UpHealth's clients include health plans, global governments, healthcare providers and community-based organizations.
For more information, please visit https://uphealthinc.com and follow us at @UpHealthInc on Twitter and UpHealth Inc on LinkedIn.
Parsley Health is the nation's leading holistic primary care practice, designed to serve the complex health needs of women and families, while also driving exceptional health outcomes and cost savings. Parsley's unique clinical model blends functional medicine with conventional primary care to address the root cause of chronic conditions – creating personalized, holistic care plans that put food, lifestyle, and proactive diagnostic testing on the prescription pad alongside medication. Parsley is available nationwide via telemedicine and has locations in NYC and LA. Learn more at www.parsleyhealth.com.
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SOURCE UpHealth, Inc. | https://www.kbtx.com/prnewswire/2022/07/13/uphealth-parsley-health-partner-bridge-disparities-healthcare-by-providing-martti-teleinterpretation-services-organization-wide/ | 2022-07-13T12:51:09Z | https://www.kbtx.com/prnewswire/2022/07/13/uphealth-parsley-health-partner-bridge-disparities-healthcare-by-providing-martti-teleinterpretation-services-organization-wide/ | true |
MIAMI, July 13, 2022 /PRNewswire/ -- Aleph Group, Inc, a leading global enabler of digital advertising in emerging countries, announces a minority investment in Mediam Group, the first official Google Media Representative globally.
Aleph is acquiring a minority share of Mediam Group. With the addition of Google's ad products to the comprehensive solutions Aleph provides to over 15,500 global and local advertisers, this strategic investment further strengthens the global reach of Aleph - Now active in 90+ markets and operating 50+ offices across 4 continents for over 30 of the leading digital platforms.
"Mediam's purpose is to work together with agencies and advertisers to develop and accelerate the digital ecosystem in the region as The Google Representative. Becoming part of Aleph's family is the right step to take Mediam to new heights, leveraging its global scale, vast expertise and strong leaders, who we've known for many years." said Alberto Alvarez, CEO, Mediam Group.
Mediam founded by LDM Holding in 2021, supports hundreds of advertisers with dedicated, experienced and local teams in Panama, Guatemala and Costa Rica to optimize their ads accounts across Google Products (Search, YouTube, Display, DV360).
"The investment in Mediam marks another milestone for Aleph. Historically, Aleph has strong roots in the LATAM region through its brand IMS, (Internet Media Services) and by adding Mediam, we deliver on the key promise of Aleph, to provide access to advertising and digital education across the world and Central America." says Gastón Taratuta, CEO of Aleph.
Press contacts
elyse@alephholding.com
Aleph is a leading global enabler of digital advertising connecting thousands of advertisers in emerging countries with the world's leading digital platforms.
Aleph represents the world's leading platforms in 90+ markets across the globe where they don't have a physical presence, enabling platforms like Twitter, Meta, Snapchat, and nearly 30+ others to expand into new markets and enabling advertisers to take full advantage of the platforms' advertising capabilities. Through these long-lasting partnerships, Aleph creates the opportunity for all people and businesses to advertise at a local and global level without limits.
Find out more: alephholding.com or elyse@alephholding.com
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SOURCE Aleph Holding | https://www.wsaz.com/prnewswire/2022/07/13/aleph-group-inc-announces-minority-investment-mediam-group-googles-official-media-representative-central-america/ | 2022-07-13T12:52:43Z | https://www.wsaz.com/prnewswire/2022/07/13/aleph-group-inc-announces-minority-investment-mediam-group-googles-official-media-representative-central-america/ | false |
Sugar Factory inaugurated in 2016
Komenda Sugar Factory to be operational in July
John Mahama abandoned Komenda Sugar Factory
Deputy Minister of Trade, Michael Okyere Baafi, has stated that work is still ongoing on the Komenda Sugar Factory, therefore, debunked claims that the project has been abandoned.
According to him, the project inaugurated by the John Mahama administration was not adequately equipped.
He made the claims in an interview with Accra-based Citi TV.
“That we are not producing sugar does not mean there is nothing happening. It is not a white elephant. If you go there now, you will see workers on the ground.”
Okyere-Baafi stated however noted that the NPP government has had to do a lot for the project “former President Mahama abandoned.”
“We [the NPP] came to meet a factory that was not fully tooled, one without plantation to serve as raw material to help the factory to survive. One that didn’t even have people to run it. There were a lot of things that needed fixing. By God’s grace, we are done with them," he noted.
Alan Kyeremanten however assured that the factory will be operational by the end of July.
“As I speak, CBG is working with the Ministry of Trade and Industry as well as the consultants for the factory. We have to first buy sugar cane from the farmers.”
“Per my checks, I can assure you that, latest by a month, the facility will be running.”
The Komenda Sugar Factory was established at $35 million from an Indian EXIM Bank facility by then-President John Mahama in May 2016.
SSD/FNOQ
- Komenda Omanhen applauds government for resolve to retool sugar factory
- Komenda Sugar Factory to test run by July ending – Alan Kyerematen
- Komenda Sugar Factory to undergo test run in July – Trade Minister
- Today in History: Komenda Sugar Factory set to receive US$28m capital injection
- Komenda Sugar Factory to import raw sugar for processing – Board
- Read all related articles | https://mobile.ghanaweb.com/GhanaHomePage/business/Komenda-sugar-factory-not-abandoned-operations-to-begin-soon-Government-1581260 | 2022-07-13T12:54:50Z | https://mobile.ghanaweb.com/GhanaHomePage/business/Komenda-sugar-factory-not-abandoned-operations-to-begin-soon-Government-1581260 | true |
For decades, environmental activists along with some government officials and scientists have argued that rich countries should pay the most to address climate change, and even pay poor countries reparations, because industrialized nations have historically emitted the most greenhouse gases.
A new study by two Dartmouth scientists aims to calculate just how much economic impact larger emitters have caused other nations. Published Tuesday in the journal Climatic Change, the study says the figures could be used in courtrooms and in international climate negotiations about payments from rich nations that burn more coal, oil and gas, to poor countries damaged by emissions.
For example, the data shows that the top carbon emitter over time, the United States, has caused more than $1.9 trillion in climate damage to other countries from 1990 to 2014, including $310 billion in damage to Brazil, $257 billion in damage to India, $124 billion to Indonesia, $104 billion to Venezuela and $74 billion to Nigeria. But at the same time, the United States’ own carbon pollution has benefited the U.S. by more than $183 billion.
“Do all countries look to the United States for restitution? Maybe,” said study co-author Justin Mankin, a Dartmouth College climate scientist. “The U.S. has caused a huge amount of economic harm by its emissions, and that’s something that we have the data to show.”
Developing nations have convinced rich nations to promise to financially help them reduce carbon emissions for the future, but haven’t been able to get restitution for damage already caused, a term called “loss and damage” in global climate talks. In those negotiations, the biggest carbon emitters, like the United States and China have had a “veil of deniability” that their actions caused specific damages, said study lead author Christopher Callahan, a climate impacts researcher at Dartmouth. This lifts that veil, he said.
“Scientific studies such as this groundbreaking piece show that high emitters no longer have a leg to stand on in avoiding their obligations to address loss and damage,” said Bahamian climate scientist Adelle Thomas of Climate Analytics, who wasn’t part of the study. She said recent studies “increasingly and overwhelmingly show that loss and damage is already crippling developing countries.
While carbon emissions have been tracked for decades on the national levels and damages have been calculated, Callahan and Mankin said this is the first study to connect all the dots from the countries producing the emissions to countries affected by it. The studies also tallies benefits, which are mainly seen in northern countries like Canada and Russia, and rich nations like the U.S. and Germany.
“It’s the countries that have emitted the least that are also the ones that tend to be harmed by increases in global warming. So that double inequity to me is kind of a central finding that I want to emphasize,” Callahan said.
To do the study, first Callahan looked at how much carbon each nation emitted and what it means for global temperatures, using large climate models and simulating a world with that country’s carbon emissions, a version of the scientifically accepted attribution technique used for extreme weather events. He then connected that to economic studies that looked at the relationship between temperature rise and damage in each country.
“We can actually fingerprint U.S. culpability on Angola’s economic outcomes,” Mankin said.
After the U.S. the countries that caused most damage since 1990 — a date researchers chose because that’s when they say a scientific consensus formed and nations no longer had an excuse to say they didn’t know about global warming — are China ($1.8 trillion), Russia ($986 billion), India ($809 billion) and Brazil ($528 billion), study authors figured. Just the United States and China together caused about one-third of the world’s climate damage.
The five nations that were hit the most in overall dollars were Brazil, India, Saudi Arabia, the United Arab Emirates, and Indonesia, but that’s because they had the biggest economies of nations in the most vulnerable hot zone. But the countries that took the biggest hit based on GDP are the UAE, Mauritania, Saudi Arabia, Oman and Mali, Callahan said. Brazil and India are also among the countries that produce the most emissions and damage and haven’t filed lawsuits to try to get repaid for climate damages.
The question of fairness over which countries make sacrifices and how to prepare for and repair climate impacts as the global community tries to slow warming has become more significant in recent international climate talks. Some nations, local communities and climate activists have called for the largest historical carbon emitters to pay “ climate reparations ” for the damage their economic gain has caused countries and communities that have already been negatively affected by systems of oppression, like colonialism and slavery. This study adds momentum to this idea, some in the climate in the community told The Associated Press.
“In this sense, the study reinforces arguments regarding loss and damage that are gaining traction” in the United Nations Framework Convention on Climate Change, Nikki Reisch, director of the climate and energy program for the Center for International Environmental Law, told the AP.
There has been push back at the international level from high-emissions countries about paying for loss and damages who worry that poor countries are not going to use climate finance as intended.
Still, Mankin said he hopes the study empowers “the powerless and in the face of global climate change.” But others in the climate community who have read the study said that more than information is needed to ensure that those most affected by climate change are compensated for their losses. The information and data in the study are valuable, they said, but it will take pressuring those responsible for shaping climate policy to actually get the richer nations to pay for the damage they’ve caused poorer nations.
Basav Sen, climate justice project director for the Institute for Policy Studies, a progressive think tanks, saw the study and said “demonstrating the link of causation is very helpful.”
But, he added, “it is only one piece in the popular pressure campaign needed to translate this information into actual financial flows from wealthier, higher-emitting countries to compensate lower-income countries experiencing more adverse climate impacts.”
___
Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content. | https://www.binghamtonhomepage.com/science-and-technology/rich-nations-caused-climate-harm-to-poorer-ones-study-says/ | 2022-07-13T12:56:07Z | https://www.binghamtonhomepage.com/science-and-technology/rich-nations-caused-climate-harm-to-poorer-ones-study-says/ | false |
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