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SAN FRANCISCO, Aug. 2, 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 that it has entered into a technology continuation agreement with Agnity Global Inc. (the "Technology Continuation Agreement" and "Agnity" respectively), enabling mCloud to build on the success of its existing relationship with Agnity.
The Technology Continuation Agreement will replace the royalty agreement between mCloud and Agnity originally announced on June 21, 2018. Under the terms of the Technology Continuation Agreement, Agnity will pay mCloud a one-time payment of approximately US$6.0 million. The new structure allows the parties to continue delivering and supporting Agnity's technology and builds on mCloud's existing license and continued use of Agnity technology across all of the Company's AssetCare™ offerings going forward.
Agnity provides mCloud with access to secure, HIPAA-compliant communications technology used in the Company's AssetCare Mobile solution for remote collaboration with workers in the field. Agnity's technology is used by major telecommunication providers and enables mCloud's native compatibility with these providers to reach connected workers across numerous industries around the world.
"This new Technology Continuation Agreement and licensing arrangement with Agnity is perfectly timed with our recent launch of AssetCare Mobile for digital oilfield sites globally, securing mCloud's ability to sustain and evolve a serious competitive advantage as we take our connected worker offerings to oilwells and remote locations requiring secure connectivity between the front-line and the backoffice," said Russ McMeekin, mCloud President and CEO. "We look forward to leveraging Agnity's capabilities even further as we continue at pace to connect assets and workers globally."
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 potential benefits that may accrue to mCloud under the Technology Continuation Agreement and any resulting impact on mCloud's business and operations.
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 Corp. | https://www.1011now.com/prnewswire/2022/08/02/mcloud-enters-into-technology-continuation-agreement-with-agnity-global-inc/ | 2022-08-02T11:36:52Z | https://www.1011now.com/prnewswire/2022/08/02/mcloud-enters-into-technology-continuation-agreement-with-agnity-global-inc/ | true |
Acquisition will create an integrated North American dealer, significantly accelerating TD Securities' U.S. growth strategy
TORONTO and NEW YORK, Aug. 2, 2022 /PRNewswire/ - TD Bank Group ("TD") (TSX: TD) and (NYSE: TD) and Cowen Inc. ("Cowen") (NASDAQ: COWN) today announced a definitive agreement for TD to acquire Cowen in an all-cash transaction valued at US$1.3 billion, or US$39 for each share of Cowen common stock. Through this transaction, TD Securities will accelerate its long-term growth strategy in the United States by acquiring a high-quality and rapidly growing investment bank with outstanding talent and highly complementary products and services.
"Cowen is a leading independent dealer with a premier U.S. equities business and a strong, diversified investment bank that, when combined with TD Securities, will allow us to accelerate our strategic U.S. growth plans," said Bharat Masrani, Group President and CEO, TD Bank Group. "Most importantly, the acquisition will provide new capabilities and increased depth in key business lines to meet our clients' needs and will allow us to leverage our combined expertise, talent, and integrated offerings across a much larger client base."
With this acquisition, TD Securities will benefit from the addition of Cowen's 1,700 talented colleagues and its exceptional leadership team. Once the transaction closes, Jeffrey Solomon, Chair & CEO of Cowen, will join the senior leadership of TD Securities, reporting to Riaz Ahmed, President and CEO, TD Securities and Group Head, Wholesale Banking, TD Bank Group. To leverage the strength of Cowen's brand, post-closing, parts of the combined business will be known as TD Cowen, a division of TD Securities, and will be headed by Mr. Solomon.
"At Cowen our success comes from striving to outperform in all we do by exceeding expectations and providing innovative solutions to, and partnering with, our clients. Taking this step will make us even stronger and more effective in serving their growing needs," said Mr. Solomon. "The strategic decisions and focused investments that we have made over the last few years have positioned Cowen for this exciting next chapter of our growth. I look forward to having our exceptional talent and valued clients join the TD family. We plan to do great things together because we are aligned with our cultural values of vision, empathy, sustainability, and tenacious teamwork."
"Together, we will have more than 6,500 professionals in 40 cities across the globe, extending our reach into new industry coverage areas and building even deeper, long-term client relationships," added Mr. Ahmed. "I look forward to welcoming Jeff and his team to TD Securities and to the fantastic opportunities for growth we will create together."
The combined firms' pro-forma global revenues will increase by more than a third to approximately C$6.8 billion1 with added advisory, capital markets, equity execution and industry-leading research capabilities and broadened expertise in key growth sectors. Following the closing of the transaction, TD Securities' existing depth and breadth in global market research capabilities will benefit from Cowen's complementary and highly diverse equity research franchise, which is positioned among the top 10 research platforms in the U.S. by both stocks under coverage and number of publishing analysts2 and includes considerable expertise in Environmental, Social and Governance research. Furthermore, TD Securities' balance sheet and capital markets expertise are expected to bring immediate benefits to Cowen's existing client base.
The transaction is expected to be modestly accretive to TD's 2023E adjusted EPS on a fully-synergized basis3 and generate approximately 14% adjusted return on invested capital on a fully-synergized run rate basis.4 The purchase price represents a 1.7 times multiple of Cowen's tangible book value as of March 31, 2022 and a 8.1 times multiple of Cowen's 2023E earnings.5 TD expects to achieve US$300-350 million in revenue synergies by year three. TD expects to incur total pre-tax integration and retention costs of approximately US$450 million over three years.
The transaction, which has been approved by the boards of directors of TD and Cowen, is expected to close in the first calendar quarter of 2023, and is subject to customary closing conditions, including approvals from Cowen's stockholders and certain U.S., Canadian, and foreign regulatory authorities, including the Office of the Superintendent of Financial Institutions (OSFI), the Financial Industry Regulatory Authority (FINRA), and under the Hart-Scott-Rodino (HSR) Act.
To provide the capital required for the transaction, TD has sold 28.4 million non-voting common shares6 of The Charles Schwab Corporation ("Schwab") for proceeds of approximately US$1.9 billion, reducing TD's ownership interest from approximately 13.4% to 12.0%. When combined with this share sale, the acquisition of Cowen is expected to be neutral to TD's Common Equity Tier 1 ratio which is expected to be comfortably above 11% at closing, pro forma for the closing of TD's acquisition of First Horizon Corporation.7
TD's strategy with respect to its investment in Schwab has not changed and it has no current intention to divest additional shares.
Perella Weinberg Partners LP served as financial advisor, and Simpson Thacher & Bartlett LLP and Torys LLP served as legal advisors to TD. Ardea Partners and Perkins Advisors LLC served as financial advisors, and Cravath, Swaine & Moore LLP served as legal advisor to Cowen.
TD will host a conference call on August 2, 2022 at 8:30 a.m. ET. Presentation materials will be available on the TD website at www.td.com/investor in advance of the call. A listen-only telephone line will be available at 416-641-6150 or 1-866-696-5894 (toll free) and the passcode is 2727354#.
The audio webcast will be archived at www.td.com/investor. Replay of the teleconference will be available from 5:00 p.m. ET on August 2, 2022, until 11:59 p.m. ET on August 17, 2022 by calling 905-694-9451 or 1-800-408-3053 (toll free) and the passcode is 8313844#.
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the fifth largest bank in North America by assets and serves more than 26 million customers in three key businesses operating in a number of locations in financial centres around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America's Most Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in The Charles Schwab Corporation; and Wholesale Banking, including TD Securities. TD also ranks among the world's leading online financial services firms, with more than 15 million active online and mobile customers. TD had CDN$1.8 trillion in assets on April 30, 2022. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.
Cowen Inc. ("Cowen") is a diversified financial services firm that provides investment banking, research, sales and trading, prime brokerage, outsourced trading, global clearing, and commission management services. Cowen also has an investment management division which offers actively managed alternative investment products. Founded in 1918, Cowen is headquartered in New York and has offices worldwide.
This communication contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act") and applicable Canadian securities legislation, with respect to Cowen Inc. ("Cowen") and The Toronto-Dominion Bank's ("TD Bank") beliefs, plans, goals, expectations, and estimates. Forward-looking statements are not a representation of historical information, but instead pertain to future operations, strategies, financial results or other developments. The words "believe," "expect," "anticipate," "intend," "target," "plan," "estimate," "should," "likely," "will," "going forward," and other expressions that indicate future events and trends identify forward-looking statements.
Forward-looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, operational, economic and competitive uncertainties and contingencies, many of which are beyond the control of Cowen and TD Bank, and many of which, with respect to future business decisions and actions, are subject to change and which could cause actual results to differ materially from those contemplated or implied by forward-looking statements or historical performance. Examples of uncertainties and contingencies include factors previously disclosed in Cowen's and TD Bank's respective reports filed with the U.S. Securities and Exchange Commission (the "SEC"), and TD Bank's other filings with Canadian regulators, as well as the following factors, among others: the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the definitive merger agreement between Cowen and TD Bank; the outcome of any legal proceedings that may be instituted against Cowen or TD Bank, including potential litigation that may be instituted against Cowen or its directors or officers related to the proposed transaction or the definitive merger agreement between Cowen and TD Bank to the proposed transaction; the timing and completion of the transaction, including the possibility that the proposed transaction will not close when expected or at all because required regulatory, shareholder or other approvals are not received or other conditions to the closing are not satisfied on a timely basis or at all, or are obtained subject to conditions that are not anticipated; interloper risk; the risk that any announcements relating to the proposed combination could have adverse effects on the market price of the common stock of either or both parties to the combination; the possibility that the anticipated benefits of the transaction will not be realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies, or as a result of economic and competitive factors in the areas where Cowen and TD Bank do business; certain restrictions during the pendency of the merger that may impact the parties' ability to pursue certain business opportunities or strategic transactions; the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; diversion of management's attention from ongoing business operations and opportunities; failing to retain key talent of Cowen after the announcement or completion of the transaction; reputational risk and potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the transaction; Cowen and TD Bank success in executing their respective business plans and strategies and managing the risks involved; currency and interest rate fluctuations; success of hedging activities; material adverse changes in economic and industry conditions, including the availability of short and long-term financing; general competitive, economic, political and market conditions, including difficult market conditions, market disruptions and volatility; the inability to sustain revenue and earnings growth; inflation; the impact, extent and timing of technological changes; capital management activities; the Office of the Superintendent of Financial Institution's and other regulators' legislative and regulatory actions and reforms; the pandemic created by the outbreak of COVID-19 and its variants, and resulting effects on economic conditions, restrictions imposed by public health authorities or governments, fiscal and monetary policy responses by governments and financial institutions, and disruptions to global supply chains; and other factors that may affect future results of Cowen and TD Bank.
Assumptions about Cowen and TD Bank's current and expected financial performance (including balance sheet, income statement and regulatory capital figures), expected capital availability for the proposed transaction, expected closing date of the proposed transaction, expected synergies (and timing to achieve), integration and restructuring costs, assumed purchase price accounting (including fair value marks), costs of financing, foreign exchange rates, and future regulatory capital requirements, including the Office of the Superintendent of Financial Institutions' announced Basel III reforms effective in the second quarter of fiscal 2023, were considered by TD Bank in estimating its expected return on invested capital, adjusted EPS accretion and/or TD Bank's expected regulatory capital ratios. Examples of material assumptions made by TD Bank in the forward-looking statements, including TD Bank's expectations regarding the costs and financial impact of the transaction, include assumptions regarding Cowen's future net income, transaction costs, transaction process, timeline to close and/or integrate the acquisition, expected synergies, expected value of certain lines of business in the event of a divestiture, future TD Bank capitalization, tax rate, currency conversion rate, and financial results. Assumptions about TD Bank's integration plan, the efficiency and duration of integration and the alignment of organizational responsibilities were material factors TD Bank considered in estimating integration costs.
We caution that the foregoing list of important factors that may affect future results is not exhaustive. Additional factors that could cause results to differ materially from those contemplated by forward-looking statements can be found in Cowen's Annual Report on Form 10-K for the year ended December 31, 2021, and in its subsequent Quarterly Reports on Form 10-Q filed with the SEC and available in the "Investor Relations" section of Cowen's website, under the heading "SEC Filings" and in other documents Cowen files with the SEC, and in TD Bank's Annual Report on Form 40-F for the year ended October 31, 2021 filed with the SEC and available in the "Investor Relations" section of TD Bank's website, www.td.com, under the heading "Regulatory Filings" and in other documents TD Bank files with the SEC (available at www.sec.gov) and applicable securities regulators in Canada (available at www.sedar.com). All such factors, as well as other uncertainties and potential events, and the inherent uncertainty of forward-looking statements, should be considered carefully when making decisions with respect to Cowen and TD Bank.
Any forward-looking statements contained in this document represent the views of Cowen and TD Bank only as of the date hereof and are presented for the purpose of assisting their respective shareholders and analysts in understanding the terms of the transaction and Cowen's and TD Bank's objectives and assumptions and may not be appropriate for other purposes. Neither Cowen nor TD Bank undertakes to update any forward-looking statements, whether written or oral, that may be made from time to time by or on its behalf, except as required under applicable securities legislation.
In connection with the proposed transaction, Cowen intends to file relevant materials with the SEC, including a proxy statement on Schedule 14A.
This communication does not constitute an offer to sell or a solicitation of an offer to buy any securities or a solicitation of any vote or approval. SHAREHOLDERS OF COWEN ARE URGED TO READ, WHEN AVAILABLE, ALL RELEVANT DOCUMENTS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) FILED WITH THE SEC, INCLUDING COWEN'S PROXY STATEMENT, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT Cowen AND THE PROPOSED TRANSACTION.
Investors and shareholders of Cowen will be able to obtain a free copy of the proxy statement as well as other relevant documents filed with the SEC without charge at the SEC's website (http://www.sec.gov). Copies of the proxy statement and the filings with the SEC that will be incorporated by reference in the proxy statement can also be obtained, without charge, by directing a request to Owen Littman at Owen.Littman@cowen.com.
TD Bank and Cowen and certain of its directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction under the rules of the SEC. Information regarding Cowen's directors and executive officers is available in the proxy statement for its 2021 annual meeting of shareholders, which was filed with the SEC on May 17, 2022, and certain of its Current Reports on Form 8-K. Other information regarding the participants in the solicitation of proxies in respect of the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials to be filed with the SEC. Free copies of these documents, when available, may be obtained as described in the preceding paragraph.
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SOURCE TD Investor Relations | https://www.wflx.com/prnewswire/2022/08/02/td-expand-its-us-investment-banking-business-capabilities-with-acquisition-cowen-inc/ | 2022-08-02T11:39:33Z | https://www.wflx.com/prnewswire/2022/08/02/td-expand-its-us-investment-banking-business-capabilities-with-acquisition-cowen-inc/ | true |
Bear helps itself to a meal in couple’s kitchen
WEST HARTFORD, Conn. (WFSB/Gray News) - A Connecticut couple shared video after they were surprised to find a black bear helping itself to a meal in their kitchen.
Christine Vannie said she and her husband, Bill Priest, had just left their front yard to go to the backyard Sunday when Priest went inside to grab a drink. They had outdoor music playing, so they didn’t hear anything out of the ordinary.
However, Priest found a bear eating in their kitchen.
“It took some convincing to get him to leave,” Vannie wrote on social media. “I share this because most bears are shy and this one was not.”
.Just last week, Priest told WFSB he walked outside to find a bear going through the fridge in his garage.
“I was mad. I was just really mad because I knew it was a lot of work for me,” he said.
He knew that wouldn’t be the last bear sighting at his home, but he never expected the next one would be in his kitchen.
“I came in through that door, and I got to the doorway and he was right there. When he saw me, he ran over there,” Priest said. “He did startle me. That was probably the one time I was scared.”
That’s when he grabbed a chair to put it in between him and the bear.
Priest noticed the bear really made himself comfortable, eating an entire bag of marshmallows and other snacks.
“He had everything on the floor in there eating,” he said.
He was able to get the bear out through the front door, but not even 24 hours later, the bear was back. He said the bear ripped the screen from a door, and when it couldn’t get in through the front, it made an attempt at their back door.
“Right when I got here, he was coming up onto the deck, and he came up to the door and tried to push it open,” Priest said. “We’ve been having bears for years, but this is the first time they’ve ever done something that’s damaging to anything.”
Vannie said she contacted the Department of Energy and Environmental Protection, who dropped off a trap. The box inside the trap is filled with leftover donuts from Dunkin’. When the bear pulls at the trap, the door will slam shut and lock it in.
The department is going to try to catch the bear, sedate it, figure out its age and tag it. They’ll let it go right there and use hazing techniques to scare the bear away from the house.
Copyright 2022 WFSB via Gray Media Group, Inc. All rights reserved. | https://www.kttc.com/2022/08/02/bear-helps-itself-meal-couples-kitchen/ | 2022-08-02T11:40:06Z | https://www.kttc.com/2022/08/02/bear-helps-itself-meal-couples-kitchen/ | false |
The multi-Platinum, multi–Grammy Award-winning artist has been confirmed as the headline act of the Saturday night Yasalam After-Race Concert
Lamar joins Swedish House Mafia on the weekend entertainment bill, with two more global superstar acts still to be announced for the four-day festival
Even with the additional capacity in 2022, many Grandstand tickets and hospitality packages are already sold out and fans are urged to purchase soon or risk missing out
ABU DHABI, UAE, Aug. 2, 2022 /PRNewswire/ -- As we pass the halfway point of the 2022 Formula 1 season, excitement for the season finale builds further as Abu Dhabi Motorsports Management and Flash Entertainment today announced that Kendrick Lamar will headline the Yasalam After-Race Concert on Saturday, 19th November at the FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX 2022.
As a multi-Platinum, Grammy-award winning artist and co-founder of creative imprint pgLang, Kendrick Lamar has achieved massive critical and cultural success since his debut album good kid, m.A.A.d city released in 2012.
In the past 10 years since its release, Lamar has accumulated a staggering total of 14 Grammy wins, and became the first non-classical, non-jazz musician to win a Pulitzer Prize for his 2017 album DAMN. Lamar's latest album Mr. Morale & The Big Steppers, was released in May 2022 immediately earning rave reviews.
The announcement follows on from March's reveal that multi-Grammy nominated trio Swedish House Mafia will be entertaining fans on Friday, 18th November with their swaggering hip-hop beat-craft, and rock 'n' roll attitude, and with additional seats on sale and two more A-list, world-class superstars yet to be announced, there will be more opportunities to 'Go Unreal' in 2022.
Access to the concerts is exclusively for Abu Dhabi Grand Prix ticket holders. Grand Prix ticket purchasers will also be able to secure Golden Circle tickets to get the best possible access closest to the stage at the Etihad Park.
Race-goers looking for a premium weekend package are reminded that the circuit offers a range of hospitality tickets including 3-day passes to established favourites such as the Luna Lounge, Shams Suite, and Sunset Lounge, as well as the all-new Deck @ 9. Designed specifically for 2022, this new and ultra-cool 3-day VIP experience pairs a lively party atmosphere with five-star food and beverage. The Deck @ 9 luxury suite overlooks the recently modified Turn 9 (Marsa corner), and guests can enjoy all the racing action to a soundtrack from top DJs and live musical entertainment.
New for this year, ticketholders will be able to select their seat in the grandstand using a virtual and interactive viewer, giving guests an idea of what they will see from their seat while purchasing a ticket online. Ticket purchasers can also upgrade their concert experience with Golden Circle access to the Etihad Park, getting access closest to the stage.
Those guests wishing to upgrade to a premium experience can choose from a range of hospitality packages, providing an opportunity to enjoy the region's leading sports and entertainment event in the finest of settings, with top-quality food and beverage and live DJs. Hospitality package options for this year's event include the new Sunset Lounge, Luna Lounge, Yas Suites, Marsa Suite, Champions Club and the F1 Paddock Club, where guests can purchase a three-day ticket and enjoy the ultimate Abu Dhabi Grand Prix experience.
With more exciting announcements to follow, purchase a ticket now to ensure you don't miss out on one of the year's biggest and best events. To buy, please visit: www.yasmarinacircuit.com
Photo - https://mma.prnewswire.com/media/1870792/Seven_Media_Kendrick_Lamar.jpg
Photo- https://mma.prnewswire.com/media/1870793/Seven_Media_F1.jpg
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SOURCE Seven Media | https://www.wbay.com/prnewswire/2022/08/02/multi-platinum-grammy-award-winning-artist-kendrick-lamar-set-headline-saturday-after-race-concert-abudhabigp/ | 2022-08-02T11:40:41Z | https://www.wbay.com/prnewswire/2022/08/02/multi-platinum-grammy-award-winning-artist-kendrick-lamar-set-headline-saturday-after-race-concert-abudhabigp/ | true |
HOUSTON (AP) _ KBR Inc. (KBR) on Tuesday reported second-quarter net income of $94 million, after reporting a loss in the same period a year earlier.
The Houston-based company said it had net income of 61 cents per share. Earnings, adjusted for non-recurring costs, came to 76 cents per share.
The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of 64 cents per share.
The the engineering, construction company posted revenue of $1.62 billion in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $1.61 billion.
KBR expects full-year earnings in the range of $2.53 to $2.65 per share, with revenue in the range of $6.4 billion to $6.8 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 KBR at https://www.zacks.com/ap/KBR | https://www.mrt.com/business/article/KBR-Q2-Earnings-Snapshot-17344836.php | 2022-08-02T11:41:59Z | https://www.mrt.com/business/article/KBR-Q2-Earnings-Snapshot-17344836.php | false |
Expert analysis in industry report shows Lakeside's status as a Leader
BOSTON, Aug. 2, 2022 /PRNewswire/ -- Lakeside Software, an enterprise-class digital experience management software provider, has been named a Leader in The Forrester Wave™: End-User Experience Management, Q3 2022 report. Among the vendors analyzed, Lakeside was cited for enabling deep historical analysis of telemetry data for RCA.
The Q3 2022 report evaluated the most significant end-user experience management (EUEM) providers and scored them using 30 criteria. Lakeside scored the highest possible marks in the strategy criteria of partner integration, market approach, and supporting products and services. Lakeside's telemetry monitoring was also scored highest, a benefit of SysTrack's Intelligent Edge which collects 10,000 metrics out of the box. The report notes that the exceptional UI of Lakeside's Prevent solution makes it easy for service desk administrators to quickly identify common high-severity events and remediate them at scale.
The evaluation findings were supported by strong references from the customer community. Customers cited Lakeside's "exceptional support, granular data analysis, and improved usability." The report also highlighted differentiated support services in the form of DEX packs, which help customers quickly implement new services such as proactive management.
"In an increasingly digital working environment for many of today's global enterprises, we are proud to serve our customers with IT solutions that will drive employee engagement and productivity, while reducing downtime caused by tech disruptions," said David Keil, CEO, Lakeside Software. "We believe earning a leader position in the end-user experience management category demonstrates our continued commitment to offer best in class solutions that meet the needs of today's modern enterprises."
Lakeside has experienced tremendous market share and talent acquisition growth. The company recently announced the appointment of three new executives who will lead national and international markets.
To download a complimentary copy of the full report, click here.
Lakeside Software is a leader in cloud-based digital experience management. Lakeside's Digital Experience Cloud, powered by SysTrack, gathers and analyzes data on everything that may impact end-user experience and business productivity and provides the unmatched visibility IT teams need to design and support rapidly changing digital workplaces. Customers use Lakeside's technology to perform end-user experience management, digital workplace planning, IT asset optimization, remote work management, and proactive service desk operations. For more information, visit www.lakesidesoftware.com.
Lakeside Software and SysTrack are registered trademarks and/or trademarks of Lakeside Software, LLC in the United States, and other jurisdictions. All other trademarks and registered trademarks are property of their respective owners.
Media Contact:
Zen Media
Brittany Frey
brittany@zenmedia.com
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SOURCE Lakeside Software | https://www.wafb.com/prnewswire/2022/08/02/lakeside-software-recognized-leader-end-user-experience-management-by-independent-research-firm/ | 2022-08-02T11:42:04Z | https://www.wafb.com/prnewswire/2022/08/02/lakeside-software-recognized-leader-end-user-experience-management-by-independent-research-firm/ | false |
Hey, party people, D Magazine’s “Best of Big D” party is Thursday at The Factory in Deep Ellum. Get your party tickets here. I hopped on with FOX 4’s Tim Ryan this morning to talk about crotch blowouts (read: where to get your jeans fixed) and Italian swear words (read: where to eat ice cream). Tim is one of my favorite Tims. I’ve mixed it up with him in the wild just a little bit. He’s a super approachable guy. And on the air, he is unflappable. Have a watch to see what I mean:
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Tim is the editor of D Magazine, where he has worked since 2001. He won a National Magazine Award in… | https://www.dmagazine.com/frontburner/2022/08/two-tims-one-cave/ | 2022-08-02T11:43:45Z | https://www.dmagazine.com/frontburner/2022/08/two-tims-one-cave/ | false |
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PORTO TOLLE, Italy (AP) — Drought and unusually hot weather have raised the salinity in Italy’s largest delta, where the mighty Po River feeds into the Adriatic Sea south of Venice, and it’s killing rice fields along with the shellfish that are a key ingredient in one of Italy’s culinary specialties: spaghetti with clams.
At least one-third of the stock of prized double-valve clams raised in the Po Delta have died off. Plants along the banks of the Po River are wilting as they drink in water from increasingly salty aquifers and secondary waterways have dried up, shrinking amphibians and birds' wetland homes.
“It is evident that there is an entire system with an ecology that will have permanent problems,’’ said Giancarlo Mantovani, director of Po River Basin Authority. The ecosystem includes the Po Delta Park, which along with neighboring lands in Veneto form a reserve recognized by UNESCO for its biodiversity.
The amount of water entering the delta from the Po River is at an all-time low, hitting just 95 cubic meters (3,350 cubic feet) a second last month, due to drought conditions caused by a lack of wintertime snowpack and spring and summer rains. That is one-tenth of annual averages. It has been nearly two months since farmers have been able to tap the river water for agriculture.
The impact may be even more lasting, as saltwater is leaching inland distances never before recorded, and seeping into aquifers, underground layers of rock that can hold water.
And while deltas are by definition an area of exchange between fresh and salt water, the movement is becoming more and more one-directional: Inland penetration of saltwater has increased from two kilometers (just over a mile) in the 1960s and 10 kilometers (six miles) in the 1980s to an astounding 38 kilometers (nearly 24 miles) this year.
“The territory around the Po is three meters below sea level, therefore there is a continual flow of saline water that is going into the aquifers,’’ Mantovani said. “We are therefore not only creating an agricultural problem, a human problem, but also an environmental problem. ... This is a perfect storm.”
For growers of clams, excessive salinity, high temperatures and the resulting spread of algae are suffocating the mollusk that is the centerpiece of one of summertime Italy’s favorite dishes: Spaghetti alle vongole. And none are more prized than the vongole veraci with a striped and grooved shell that are raised in the Adriatic Sea.
“You can see the clams are suffering,’’ said Katisucia Bellan, who has been clamming for 27 years. “In the afternoon, with this heat, the lagoon dries up. You can pass with the tractor here.”
According to the Coldiretti agricultural lobby, this year's die-off could accelerate if the proper exchange of salt and fresh water is not restored. It blames the failure to remove sediment from the delta, which allows oxygen and fresh water into the lagoon, for aggravating the situation.
Meanwhile, clam farmers worried that more stock could die have rushed to market while they still have mollusks to sell. This abundance has forced down prices, creating more economic hardship. “There is a double negative effect: die-off and lower prices,’’ said Coldiretti’s Alessandro Faccioli said.
Nearby rice growers also are watching the rise of salinity with increasing anxiety. The paddies of the Po Delta are a small part of Italy’s national rice production, which is centered in drought-stricken Piedmont and Lombardy closer to the source of the Po River. While the bigger producers are suffering from a lack of water in their fields, those in the delta are suffering the increased salt content, which is killing off plants.
Grower Elisa Moretto, who runs a small family business, hopes they can salvage one-third of their crop this year, but that remains to be seen. If she can eke a profit is up to other forces, including increased fuel and fertilizer costs.
But the real worry is for the future, if salinity rises and causes permanent damage to the aquifers.
“If that happens, everything dies,’’ Moretto said.
___
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.mrt.com/news/article/Italy-s-salty-Po-Delta-hurting-agriculture-17344858.php | 2022-08-02T11:44:46Z | https://www.mrt.com/news/article/Italy-s-salty-Po-Delta-hurting-agriculture-17344858.php | false |
SAN FRANCISCO, Aug. 2, 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 that it has entered into a technology continuation agreement with Agnity Global Inc. (the "Technology Continuation Agreement" and "Agnity" respectively), enabling mCloud to build on the success of its existing relationship with Agnity.
The Technology Continuation Agreement will replace the royalty agreement between mCloud and Agnity originally announced on June 21, 2018. Under the terms of the Technology Continuation Agreement, Agnity will pay mCloud a one-time payment of approximately US$6.0 million. The new structure allows the parties to continue delivering and supporting Agnity's technology and builds on mCloud's existing license and continued use of Agnity technology across all of the Company's AssetCare™ offerings going forward.
Agnity provides mCloud with access to secure, HIPAA-compliant communications technology used in the Company's AssetCare Mobile solution for remote collaboration with workers in the field. Agnity's technology is used by major telecommunication providers and enables mCloud's native compatibility with these providers to reach connected workers across numerous industries around the world.
"This new Technology Continuation Agreement and licensing arrangement with Agnity is perfectly timed with our recent launch of AssetCare Mobile for digital oilfield sites globally, securing mCloud's ability to sustain and evolve a serious competitive advantage as we take our connected worker offerings to oilwells and remote locations requiring secure connectivity between the front-line and the backoffice," said Russ McMeekin, mCloud President and CEO. "We look forward to leveraging Agnity's capabilities even further as we continue at pace to connect assets and workers globally."
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 potential benefits that may accrue to mCloud under the Technology Continuation Agreement and any resulting impact on mCloud's business and operations.
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 Corp. | https://www.wistv.com/prnewswire/2022/08/02/mcloud-enters-into-technology-continuation-agreement-with-agnity-global-inc/ | 2022-08-02T11:46:16Z | https://www.wistv.com/prnewswire/2022/08/02/mcloud-enters-into-technology-continuation-agreement-with-agnity-global-inc/ | true |
Kansas first state to vote on abortion since Roe’s demise
TOPEKA, Kan. (AP) - Kansas on Tuesday will hold the nation’s first test of voter feelings about the recent Supreme Court decision overturning Roe v. Wade, with people throughout the state deciding whether to allow their conservative Legislature to further restrict or ban abortion.
The referendum on the proposed anti-abortion amendment to the Kansas Constitution is being closely watched as a barometer of liberal and moderate voters’ anger over the June ruling overturning the nationwide right to abortion. But the outcome might not reflect broader sentiments about the issue in the country as a whole, given how conservative Kansas is and how twice as many Republicans as Democrats have voted in its August primaries over the past decade.
Supporters of the measure wouldn’t say before the vote whether they intend to pursue a ban if it passes, but they’ve spent decades pushing for new restrictions on a nearly annual basis and many other states in the Midwest and South have banned abortion in recent weeks. By not stating their position, they were seeking to win over voters who favored some restrictions but not an outright ban.
Abortion rights advocates expect the Legislature to ban abortion if the ballot measure passes, and the state saw a surge in early voting with an electorate more Democratic than usual.
“At what level does the insanity stop?” said Eric Sheffler, a 60-year-old retired Army officer and Democrat who cast a “no” vote early in the Kansas City suburbs. “What will they try to control next?”
The Kansas measure would add language to the state constitution saying that it doesn’t grant a right to abortion, which would allow lawmakers to regulate it as they see fit. Kentucky will vote in November on adding similar language to its constitution.
Meanwhile, Vermont will decide in November whether to add an abortion rights provision to its constitution. A similar question is likely headed to the November ballot in Michigan.
The Kansas measure is a response to a state Supreme Court decision in 2019 declaring that access to abortion is a matter of bodily autonomy and a “fundamental” right under the state’s Bill of Rights.
Both sides together have spent more than $14 million on their campaigns. Abortion providers and abortion rights groups were key donors for the “no” side, while Catholic dioceses heavily funded the “yes” campaign.
“I just feel like people have become so nonchalant about abortion, like it’s just another method of birth control,” said Michelle Mulford, a 50-year-old Kansas City-area teacher and Republican who voted early for the proposed amendment, adding that she supports exceptions to an abortion ban for cases of rape, incest or life-threatening pregnancies.
Even though some early voters favor banning nearly all abortions, the vote yes campaign pitched its measure as a way to restore lawmakers’ power to set “reasonable” abortion limits and preserve existing restrictions.
Kansas doesn’t ban most abortions until the 22nd week of pregnancy. But a law that would prohibit the most common second-trimester procedure and another that would set special health regulations for abortion providers remain on hold because of legal challenges.
Stan Ellsworth, a 69-year-old Republican retiree in the Kansas City area, said the argument that voting yes means an abortion ban is “crap.”
“I haven’t talked to a single person who wants that,” he said after voting yes early in the Kansas City suburbs. “Most will accept reasonable exceptions and I think the other side knows that’s true.”
White House press secretary Karine Jean-Pierre weighed in on the Kansas vote Monday, saying: “If it passes, tomorrow’s vote in Kansas could lead to another state eliminating the right to choose and eviscerating access to health care.”
The Republican-controlled Legislature has had anti-abortion majorities since the early 1990s. Kansas hasn’t gone further in restricting abortion because abortion opponents have felt constrained either by past federal court decisions or because the governor was a Democrat, like Gov. Laura Kelly, who was elected in 2018.
Kelli Kolich, a 35-year-old Kansas City-area pizza restaurant operator and unaffiliated voter, said she voted no because she believes people have a fundamental right to make their own health care choices and expects a yes vote to “eliminate that right.”
“Women would not have the ability to determine the best choices for themselves,” she said after voting early, as she played with her 18-month-old son.
___
Stafford reported from Overland Park and Olathe.
___
Follow John Hanna on Twitter: https://twitter.com/apjdhanna
Copyright 2022 The Associated Press. All rights reserved. | https://www.azfamily.com/2022/08/02/kansas-first-state-vote-abortion-since-roes-demise/ | 2022-08-02T11:46:24Z | https://www.azfamily.com/2022/08/02/kansas-first-state-vote-abortion-since-roes-demise/ | false |
Pelosi believed headed to Taiwan, raising tensions with China
KUALA LUMPUR, Malaysia (AP) — U.S. House Speaker Nancy Pelosi left Malaysia on Tuesday and was expected to visit Taiwan, escalating tensions with Beijing, which claims the self-ruled island as its own territory.
The plane carrying Pelosi and her delegation left from a Malaysian air force base after a brief stopover that included a lunch meeting with Prime Minister Ismail Sabri Yaakob, an official said on condition of anonymity because he wasn’t authorized to release details to the media.
Pelosi is on an Asian tour this week that is being closely watched to see if she will defy China’s warnings against visiting Taiwan.
It was unclear where she was headed from Malaysia, but local media in Taiwan reported that she would arrive on Tuesday night, becoming the highest-ranking elected U.S. official to visit in more than 25 years. The United Daily News, Liberty Times and China Times — Taiwan’s three largest national newspapers — cited unidentified sources as saying she would spend the night in Taiwan.
Taiwan’s Foreign Ministry declined to comment. Premier Su Tseng-chang didn’t explicitly confirm Pelosi’s visit, but said Tuesday that “any foreign guests and friendly lawmakers” are “very much welcome.”
China, which regards Taiwan as a renegade province to be annexed by force if necessary, has repeatedly warned of retaliation if Pelosi visits, saying its military will “never sit idly by.”
“The U.S. and Taiwan have colluded to make provocations first, and China has only been compelled to act out of self-defense,” Chinese Foreign Ministry spokesperson Hua Chunying told reporters Tuesday in Beijing.
Hua said China has been in constant communication with the U.S. and made clear “how dangerous it would be if the visit actually happens.” Any countermeasures China take will be “justified and necessary” in the face of Washington’s “unscrupulous behavior,” she said.
China’s military threats have driven concerns of a new crisis in the Taiwan Strait, which separates the two sides, that could roil global markets and supply chains.
The White House on Monday decried Beijing’s rhetoric, saying the U.S. has no interest in deepening tensions with China and “will not take the bait or engage in saber rattling.”
White House National Security Council spokesperson John Kirby underscored that the decision on whether to visit Taiwan was ultimately Pelosi’s. He noted that members of Congress have routinely visited the island over the years.
Kirby said administration officials are concerned that Beijing could use the visit as an excuse to take provocative retaliatory steps, including military action such as firing missiles in the Taiwan Strait or around Taiwan, or flying sorties into the island’s airspace and carrying out large-scale naval exercises in the strait.
“Put simply, there is no reason for Beijing to turn a potential visit consistent with long-standing U.S. policy into some sort of crisis or use it as a pretext to increase aggressive military activity in or around the Taiwan Strait,” Kirby said.
U.S. Secretary of State Antony Blinken also urged China to “act responsibly” if Pelosi proceeds with the visit.
“If the speaker does decide to visit, and China tries to create some kind of a crisis or otherwise escalate tensions, that would be entirely on Beijing,” he told reporters at U.N. headquarters in New York. “We are looking for them, in the event she decides to visit, to act responsibly and not to engage in any escalation going forward.”
U.S. officials have said the U.S. military would increase its movement of forces and assets in the Indo-Pacific region if Pelosi visits Taiwan. U.S. Navy aircraft carrier USS Ronald Reagan and its strike group were in the Philippine Sea on Monday, according to officials who spoke on condition of anonymity to discuss military operations.
The Reagan, the cruiser USS Antietam and the destroyer USS Higgins left Singapore after a port visit and moved north to their homeport in Japan. The carrier has an array of aircraft, including F/A-18 fighter jets and helicopters, on board as well as sophisticated radar systems and other weapons.
Taiwan and China split in 1949 after the Communists won a civil war on the mainland. The U.S. maintains informal relations and defense ties with Taiwan even as it recognizes Beijing as the government of China.
Beijing sees official American contact with Taiwan as encouragement to make the island’s decades-old de facto independence permanent, a step U.S. leaders say they don’t support. Pelosi, head of one of three branches of the U.S. government, would be the highest-ranking elected American official to visit Taiwan since then-Speaker Newt Gingrich in 1997.
Pelosi kicked off her Asian tour in Singapore on Monday as her possible visit to Taiwan sparked jitters in the region.
Singapore Prime Minister Lee Hsien Loong “highlighted the importance of stable U.S.-China relations for regional peace and security” during talks with Pelosi, the city-state’s Foreign Ministry said. This was echoed by Japanese Foreign Minister Yoshimasa Hayashi in Tokyo, who said stable ties between the two rival powers “are extremely important for the international community as well.”
The Philippines urged the U.S. and China to be “responsible actors” in the region. “It is important for the U.S. and China to ensure continuing communication to avoid any miscalculation and further escalation of tensions,” said Foreign Affairs spokesperson Teresita Daza.
China has been steadily ratcheting up diplomatic and military pressure on Taiwan. China cut off all contact with Taiwan’s government in 2016 after President Tsai Ing-wen refused to endorse its claim that the island and mainland together make up a single Chinese nation, with the Communist regime in Beijing being the sole legitimate government.
On Thursday, Pelosi is to meet with South Korean National Assembly Speaker Kim Jin Pyo in Seoul for talks on security in the Indo-Pacific region, economic cooperation and the climate crisis, according to Kim’s office. Pelosi is also due to visit Japan, but it is unclear when she heading there.
___
Associated Press journalists Jim Gomez in Manila, Philippines, Mari Yamaguchi in Tokyo and Wu Huizhong in Taipei contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.azfamily.com/2022/08/02/pelosi-leaves-malaysia-tensions-rise-over-taiwan-visit/ | 2022-08-02T11:46:31Z | https://www.azfamily.com/2022/08/02/pelosi-leaves-malaysia-tensions-rise-over-taiwan-visit/ | false |
EXPLAINER: How health care for vets became fight in Congress
WASHINGTON (AP) — A bill that would enhance health care and disability benefits for millions of veterans exposed to toxic burn pits hit a snag in the Senate last week, angering advocates like comedian Jon Stewart who say help from the government is long overdue.
Lawmakers have been hearing increasingly from constituents with respiratory illnesses and cancers that they attribute to serving near burn pits in Iraq and Afghanistan. The military used the pits to dispose of such things as chemicals, cans, tires, plastics and medical and human waste.
Veterans groups say servicemembers who were exposed to the pits have waited long enough for enhanced health benefits, and lawmakers largely agree. The Senate is ultimately expected to send the measure to President Joe Biden’s desk. It’s just a question of when.
Where the issue stands:
HOW WOULD THE BILL HELP IRAQ AND AFGHANISTAN VETERANS?
First, veterans who served near burn pits will get 10 years of health care coverage through the Department of Veterans Affairs upon their separation from the military rather than five.
Second, the legislation directs the VA to presume that certain respiratory illnesses and cancers were related to burn pit exposure. This takes the burden of proof off the veteran, allowing them to obtain disability payments to compensate for their injury without having to show the illness was a result of their service.
Roughly 70% of disability claims related to burn pit exposure are denied by the VA due to lack of evidence, scientific data and information from the Defense Department.
IS THERE HELP FOR OTHER VETERANS?
Yes. For example, hundreds of thousands of Vietnam War-era veterans and survivors also stand to benefit. The bill adds hypertension, or high blood pressure, as a presumptive disease associated with Agent Orange exposure. The Congressional Budget Office projected that about 600,000 of 1.6 million living Vietnam vets would be eligible for increased compensation, though only about half would have severe enough diagnoses to warrant receiving it.
Also, veterans who served in Thailand, Cambodia, Laos, Guam, American Samoa and Johnston Atoll will be presumed to have been exposed to Agent Orange. That’s another 50,000 veterans and survivors of deceased veterans who would get compensation for illnesses presumed to have been caused by their exposure to the herbicide, the CBO projected.
HOW MUCH WILL THE BILL COST?
The bill is projected to increase federal deficits by about $277 billion over 10 years, the CBO said. Lawmakers did not include offsetting spending cuts or tax increases to help pay for the spending.
WHERE DO THINGS STAND IN CONGRESS?
Both the House and Senate have approved the bill overwhelmingly. The Senate did so in June, but the the bill contained a revenue-related provision that must originate in the House, requiring a do-over to make a technical fix.
The House approved the fixed bill by a vote of 342-88. So, now the measure is back before the Senate, where the previous iteration had passed by a vote of 84-14. Biden says he will sign it.
SO WHY HASN’T THE SENATE APPROVED IT YET?
When the CBO scored the bill, it projected that nearly $400 billion slated to be spent on health services would move from discretionary spending to mandatory spending, which is mostly sheltered from the bruising battles that occur each year over where to spend money in appropriations bills.
The Committee for a Responsible Federal Budget, a nonpartisan fiscal watchdog, said a reclassification of nearly $400 billion from discretionary to mandatory would “both reduce the pressure to keep those costs under control and make it easier for appropriators to spend more elsewhere in the budget without offsets.”
Those dynamics also applied to the bill when the Senate approved it in June. Nevertheless, senators voted for the measure overwhelmingly.
But, last week more than two dozen Republicans who voted for the bill in June voted against advancing it this time. They sided with Republican Sen. Pat Toomey of Pennsylvania, who is seeking a vote on an amendment that he says would not reduce spending on veterans but would prevent spending increases in other nondefense programs down the road.
Senate Majority Leader Chuck Schumer has offered to let the Senate vote on the Toomey amendment with 60 votes needed for passage, the same number that is needed to advance the bill itself.
It’s unclear how the delay will be resolved, though Senate GOP leader Mitch McConnell predicted Monday that the bill will pass this week.
Advocacy groups for veterans, a key voting bloc in the upcoming midterm elections, are furious and ramping up the political pressure on lawmakers to act. At a Capitol Hill news conference the day after last week’s procedural vote, speakers used terms such as “villains” and “reprehensible” to describe the Republican senators who voted against advancing the measure last week but voted for almost the exact same bill in June.
“Veterans are angry and confused at the sudden change from those they thought had their backs,” said Cory Titus of the group Military Officers Association of America.
“You just screwed veterans yesterday,” added Tom Porter of the group Iraq and Afghanistan Veterans of America. “Now, we’re going to hold them accountable.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/02/explainer-how-health-care-vets-became-fight-congress/ | 2022-08-02T11:46:48Z | https://www.kxii.com/2022/08/02/explainer-how-health-care-vets-became-fight-congress/ | true |
Brisbane forward Eric Hipwood confident the Lions can bounce back from loss to Richmond
Lions forward Eric Hipwood insists Brisbane can win the AFL premiership from anywhere in the top eight, saying form – rather than ladder position – was the key heading into next month’s finals series.
Brisbane has dropped to fifth spot after their seven-point weekend loss to Richmond at the MCG.
With three rounds of the regular season remaining, the Lions should still make the top four if they can beat Carlton, St Kilda and Melbourne this month.
But if Brisbane has to settle for a spot in the bottom half of the top eight, Hipwood believes his side can still win the flag, provided form and consistency is found in the next three weeks.
Under the current finals system, the Western Bulldogs are the only team to clinch the premiership from outside the top four, having won the flag in 2016 after finishing seventh on the ladder.
“That’s what you strive for at the start of the season, to get that double chance (by finishing in the top four), but you’ve seen teams win the grand final from outside the top four,” Hipwood said.
“We’d like (a top-four spot), but we just want to be competitive come the end of the season.”
Hipwood was adamant Brisbane would find form before the finals, saying there were “positives” to take from the loss to the Tigers, who fought back from 42 points down to win and keep alive their hopes of playing finals football this season.
“It was disappointing that we did lose, but we’re still optimistic. We had a lot of opportunities to win the game and we just couldn’t ice it,” Hipwood said.
“We played some really good footy, especially in that first half.”
“What hasn’t been spoken about enough is that Richmond are a bloody good team.
“They’re certainly up there with the best and they brought that on the weekend. I don’t think the ladder position (ninth) represents where they’re at.”
Despite Brisbane’s loss, the towering Hipwood had his best game since returning in round nine after 10 months on the sidelines following a knee reconstruction.
He kicked four goals and grabbed six marks in an encouraging sign with the finals approaching.
“I’ve been quite inconsistent and I’m quick to identify that myself but I am building,” Hipwood said.
“I didn’t really have any practice games or anything like that prior to coming (back) into the AFL.
“I’m getting better week-in, week-out – that’s all that really matters.”
Originally published as Brisbane forward Eric Hipwood confident the Lions can bounce back from loss to Richmond
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Monday court round-up — Toothbrush theft to fund crack cocaine addiction By Crime and Courts Team August 1 2022, 5.45pm Updated: August 2 2022, 8.26am [[intro]] [[title]] [[text]] [[button_text]] [[outro]] | https://www.thecourier.co.uk/fp/news/courts/3544573/monday-court-round-up-6/ | 2022-08-02T11:49:39Z | https://www.thecourier.co.uk/fp/news/courts/3544573/monday-court-round-up-6/ | true |
VANCOUVER, BC, Aug. 2, 2022 /PRNewswire/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (the "Company") is pleased to announce that the Company intends to amend the term of 10,429,981 warrants that were issued on August 12, 2021 and September 24, 2021. Such amendment is subject to Exchange acceptance. The amendment includes extending the expiry date of the warrants from August 12, 2022 to May 12, 2023 and adds a new acceleration provision whereby if the Company's share price closes above $1.75 for 20 consecutive trading days, the Company can elect to accelerate the expiry date of the warrant by issuing a press release to notify the warrantholders the warrants will expire 45 days from the press release date. The original exercise price of $1.50 per warrant and all other terms of the warrants will remain unchanged for the extended exercise period.
The warrants were issued as part of the June 30, 2021 announcement of a brokered private placement of up to 12 million units at $1.00 per unit. Each unit consisted of one common share and one share-purchase warrant exercisable at $1.50 per warrant and expires 12 months from the date of closing.
No action is required by the warrant holders as a result of the extension of the warrant expiry date. A warrant holder who wishes to exercise the warrants will be required to submit a warrant exercise form to Computershare, the Company's agent for processing the warrant exercises.
GRAPHITE ONE INC. (TSXV: GPH) (OTCQX: GPHOF) continues to develop its Graphite One Project (the "Project"), whereby the Company could potentially become an American producer of high-grade anode materials that is integrated with a domestic graphite resource. The Project is proposed as a vertically integrated enterprise to mine, process and manufacture high grade anode materials primarily for the lithium–ion electric vehicle battery market. As set forth in the Company's Preliminary Economic Assessment, potential graphite mineralization mined from the Company's Graphite Creek Property, is expected to be processed into concentrate at a graphite processing plant. The proposed processing plant would be located on the Graphite Creek Property situated on the Seward Peninsula about 60 kilometers north of Nome, Alaska. Graphite anodes and other value–added graphite products would be manufactured from the concentrate and other materials at the Company's proposed advanced graphite materials manufacturing facility, the location of which is the subject of further study and analysis. The Company intends to make a production decision on the Project once a feasibility study is completed.
"Anthony Huston" (signed)
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.
This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts, that address future production, establishment of a processing plant, and events or developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.
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NEW YORK, Aug. 2, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Wells Fargo & Company (NYSE: WFC) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Wells Fargo common stock between February 24, 2021 and June 9, 2022.
Lead Plaintiff Deadline: August 29, 2022
No obligation or cost to you.
Learn more about your recoverable losses in WFC:
https://www.kleinstocklaw.com/pslra-1/wells-fargo-wfc-lawsuit-loss-submission-form?id=30435&from=4
Wells Fargo & Company NEWS - WFC NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Wells Fargo & Company made materially false and/or misleading statements and/or failed to disclose that: (i) Wells Fargo had misrepresented its commitment to diversity in the Company's workplace; (ii) Wells Fargo conducted fake job interviews in order to meet its Diverse Search Requirement; (iii) the foregoing conduct subjected Wells Fargo to an increased risk of regulatory and/or governmental scrutiny and enforcement action, including criminal charges; (iv) all of the foregoing, once revealed, was likely to negatively impact Wells Fargo's reputation; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Wells Fargo you have until August 29, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Wells Fargo securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the WFC lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/wells-fargo-wfc-lawsuit-loss-submission-form?id=30435&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.wistv.com/prnewswire/2022/08/02/wfc-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-29-2022-class-action-filed-behalf-wells-fargo-amp-company-shareholders/ | 2022-08-02T11:50:43Z | https://www.wistv.com/prnewswire/2022/08/02/wfc-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-29-2022-class-action-filed-behalf-wells-fargo-amp-company-shareholders/ | true |
The Manchin, Schumer 'Inflation Reduction Act' is a fraud
Let's look at just how the Manchin, Schumer mini version of Build Back Better is supposed to fight inflation
Senate Majority Leader Chuck Schumer is rushing to push through the Inflation Reduction Act of 2022.
I don’t blame him. The more scrutiny the mini-Build Back Better proposal gets, the worse it looks.
Let’s start with the obvious: despite its Ministry of Disinformation title, the legislation will not reduce inflation. Analysis from the Penn Wharton Budget Model concludes "the impact on inflation is statistically indistinguishable from zero."
This is the same PWBM that Schumer touted when opposing the GOP tax bill a while back and that Sen. Mark Warner, D-Va., describes as "well respected by both sides of the aisle."
MANCHIN, SCHUMER AGREE TO VASTLY PARED BACK VERSION OF BUILD BACK BETTER
In addition, promises that the bill will reduce our fiscal deficit rely on optimistic assumptions about what a beefed-up the IRS will sniff out in the way of tax fraud and $313 billion in proceeds from a tax on corporations that is so injurious to our manufacturers that even Democrats will likely decide to pare it back.
As to making what President Joe Biden calls an historic investment in combatting climate change, it seems unlikely that expanding tax credits for buying even more EVs and subsidizing more renewables will solve the gritty problems of raw materials shortages and other issues sure to be complicated by the "made in America" provisions of the bill.
So, chances are that while it checks a number of satisfying boxes for Democrats running scared ahead of the midterms, this bill will not reduce inflation, will not bring down our deficit and will not have much impact on the climate.
Moreover, it will raise taxes on Americans making less than $400,000, belying a critical promise made by President Joe Biden and repeated just recently by Sen. Joe Manchin, D-W.Va., who is promoting this damaging bill.
Otherwise, it’s a terrific piece of legislation that just magically appeared full-blown at 700-plus pages out of a darkened basement, rather like our befuddled and wildly unpopular president.
Let’s review. How is this bill supposed to fight inflation? First, by allowing the government to negotiate certain drug prices, which supposedly will save $288 billion over ten years.
WHAT'S IN THE MANCHIN-SCHUMER TAX HIKE AND CLIMATE CHANGE BILL?
Fully 40% of that ($122 billion) comes from revoking a rule put in place by the Trump administration that was never going to be implemented anyway. Such are the games played in this legislation.
There is no doubt that the government could effectively set prices on a variety of drugs, since it controls roughly 36% of total healthcare spending. But drug companies, hit by those price limits, are almost sure to raise prices on other products, new drugs or even on those same products marketed to private customers. They will not simply absorb the lower profits delivered by the feds, nor should they.
Plus, the rising cost of prescription drug prices is not driving inflation. In fact, in May, while the Consumer Price Index rose 8.6%, prices paid for prescription drugs rose less than 2%.
So, capping a commodity that is not actually contributing much to inflation cannot be expected to bring it down.
Second, the bill will purportedly fight inflation by bringing down the deficit. Of course, since Democrats deny that their reckless $1.9 trillion American Rescue Plan blew up our already bloated budget deficit and delivered inflation, this is a tricky argument.
Apparently, some deficits are worse than others.
In any event, the deficit impact depends partly on whether giving the IRS an additional $80 billion will yield substantial incremental revenues.
MANCHIN WON'T COMMIT TO SUPPORTING BIDEN IN 2024: ‘JUST HAVE TO WAIT AND SEE’
In an earlier iteration of Build Back Better, the Biden administration estimated such an investment in tax snoops would yield $316 billion over ten years; the non-partisan CBO cut that down to $200 billion. Now Democrats estimate the windfall at $124 billion, a further downgrade that does little to build our confidence.
The other source of increased revenue comes from tax hikes that, according to the Joint Committee on Taxation, would raise an additional $16.7 billion on American taxpayers earning less than $200,000 in 2023. The proposal would raise another $14.1 billion from taxpayers earning between $200,000 and $500,000.
Moreover, over the ten-year window covered by the bill, the average tax rate paid by every single income category would increase.
That’s because the 15% minimum tax on "book" corporate profits – profits reduced by the immediate expensing of depreciation for tax purposes -- will stifle business spending that increases productivity and that leads to wage increases. And, because corporations don’t eat those tax hikes – they pass them along via lower wages and reduced investment.
CLICK HERE TO GET THE OPINION NEWSLETTER
The National Association of Manufacturers says the tax next year will reduce income for workers by $17.1 billion – and that’s just one year. They conclude it will also cost 218,108 workers their jobs.
The bill, though, will give hefty taxpayer handouts to some favored industries. The Wall Street Journal notes that "companies will get tax credits for spending on wind, solar, critical minerals, biofuels, hydrogen, carbon capture, nuclear, "sustainable" aviation fuel, lithium-ion batteries, electric-vehicle charging stations and more."
We’ve seen how successful the federal government can be when picking winners and losers. Remember Solyndra?
Democrats argue the bill will reduce our deficit by $300 billion over the next decade. However, if the ObamaCare subsidies contained in the bill become permanent, which they will, that number shrinks to only $89 billion – a drop in the federal bucket.
As our country slides into recession and deals with 40-year high inflation, this is not the time to experiment.
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It is not the time to funnel hundreds of billions of dollars, in addition to similar amounts allocated in earlier bills, to favored causes. It is, for sure, not the time to raise taxes on job creators.
Democrats must deep-six this dangerous bill, or expect to be deep-sixed themselves come November. | https://www.foxnews.com/opinion/manchin-schumer-inflation-reduction-act-fraud | 2022-08-02T11:53:45Z | https://www.foxnews.com/opinion/manchin-schumer-inflation-reduction-act-fraud | true |
- Second quarter 2022 net income attributable to SXC was $18.0 million, or $0.21 per share; Year-to-date net income attributable to SXC was $47.5 million, or $0.56 per share
- Adjusted EBITDA(1) for the quarter was $71.3 million, an increase of $3.3 million versus the prior year period; Year-to-date 2022 Adjusted EBITDA was $155.1 million
- Increased quarterly dividend to 8 cents per share; a 33% increase
- Entered into a non-binding letter of intent with United States Steel Corporation ("U.S. Steel") that sets out the principal terms and conditions upon which SunCoke would acquire U.S. Steel's Granite City blast furnaces and build a 2.0M ton per year granulated pig iron facility with a 10 year initial term
- Increasing full year 2022 Adjusted EBITDA guidance range from $240 million - $255 million to $270 million - $285 million, reflecting continued success in the export coke market and strong performance at CMT
LISLE, Ill., Aug. 2, 2022 /PRNewswire/ -- SunCoke Energy, Inc. (NYSE: SXC) today reported results for the second quarter 2022, reflecting continued strong performance in our Domestic Coke and Logistics segments.
"Our Domestic Coke and Logistics segments continued to perform well in the second quarter with the backdrop of strong commodity markets. Although our coke production was impacted due to planned outages this quarter, it was more than offset by higher margins from our export coke sales. Our Logistics segment continues to deliver solid results, with higher volumes at our domestic terminals and favorable pricing at CMT," said Mike Rippey, President and Chief Executive Officer of SunCoke Energy, Inc. "Recognizing both record first half performance and softening export coke market conditions, we are increasing full year Adjusted EBITDA guidance to $270 million - $285 million. Additionally our Board of Directors approved a 33% increase in quarterly dividends from 6 cents to 8 cents per share effective the next quarterly payment on September 1st."
Revenues in the second quarter of 2022 increased $137.6 million as compared to the same prior year period, primarily reflecting the pass-through of higher coal prices and favorable export coke pricing.
Net income attributable to SXC increased $26.8 million from the same prior year period. The prior year period included a $22.7 million, net of tax impact of debt extinguishment costs related to our debt refinancing during the second quarter of 2021.
Adjusted EBITDA increased $3.3 million as compared to the same prior year period, primarily as a result of higher margins on export sales partially offset by lower domestic coke sales volumes described below.
Domestic Coke
Domestic Coke consists of cokemaking facilities and heat recovery operations at our Jewell, Indiana Harbor, Haverhill, Granite City and Middletown plants.
Revenues increased $133.9 million as compared to the same prior year period primarily reflecting the pass-through of higher coal prices and favorable export coke pricing.
Adjusted EBITDA increased $2.9 million as compared to the same prior year period largely due to higher margins on export sales partially offset by lower domestics coke sales volumes as a result of changes in the mix of production and timing of plant outages and repairs.
Logistics
Logistics consists of the handling and mixing services of coal and other aggregates at our Convent Marine Terminal ("CMT"), Lake Terminal, Kanawha River Terminals ("KRT") and Dismal River Terminal ("DRT").
Revenues and Adjusted EBITDA increased by $3.1 million and $1.1 million, respectively, as compared to the same prior year period driven by favorable pricing at CMT based on the API2 coal index price.
Brazil Coke
Brazil Coke consists of a cokemaking facility in Vitória, Brazil, which we operate for an affiliate of ArcelorMittal.
Revenues and Adjusted EBITDA were $9.6 million and $3.9 million, respectively, during the second quarter 2022, which was comparable to revenue and Adjusted EBITDA of $9.0 million and $4.0 million, respectively, in the second quarter 2021.
Corporate and Other
Corporate and other expenses, which include activity from our legacy coal mining business, was $9.4 million during second quarter 2022, $0.6 million higher than expense of $8.8 million during second quarter 2021 driven primarily by higher employee related expenses and higher professional services.
2022 REVISED OUTLOOK
Our 2022 revised guidance is based on higher export margins in our Domestic Coke plants and the API2 price adjustment benefit at CMT.
Our 2022 revised guidance is as follows:
- Domestic Coke total production is expected to be approximately 4.1 million tons
- Consolidated Adjusted EBITDA is expected to be between $270 million to $285 million
- Capital expenditures are projected to be approximately $80 million
- Cash generated by operations is estimated to be between $200 million to $215 million
- Cash taxes are projected to be $10 million to $12 million
We will host our quarterly earnings call at 11:30 a.m. Eastern Time (10:30 a.m. Central Time) today. The conference call will be webcast live and archived for replay in the Investors section of www.suncoke.com. Investors and analysts may participate in this call by dialing 1-888-660-6347 in the U.S. or 1-929-201-6594 if outside the U.S., confirmation code 36382.
SunCoke Energy, Inc. (NYSE: SXC) supplies high-quality coke to domestic and international customers. Our coke is used in the blast furnace production of steel as well as the foundry production of casted iron, with the majority of sales under long-term, take-or-pay contracts. We also export coke to overseas customers seeking high-quality product for their blast furnaces. Our process utilizes an innovative heat-recovery technology that captures excess heat for steam or electrical power generation and draws upon more than 60 years of cokemaking experience to operate our facilities in Illinois, Indiana, Ohio, Virginia and Brazil. Our logistics business provides export and domestic material handling services to coke, coal, steel, power and other bulk customers. The logistics terminals have the collective capacity to mix and transload more than 40 million tons of material each year and are strategically located to reach Gulf Coast, East Coast, Great Lakes and international ports. To learn more about SunCoke Energy, Inc., visit our website at www.suncoke.com.
SunCoke routinely announces material information to investors and the marketplace using press releases, Securities and Exchange Commission filings, public conference calls, webcasts and SunCoke's website at http://www.suncoke.com/English/investors/sxc. The information that SunCoke posts to its website may be deemed to be material. Accordingly, SunCoke encourages investors and others interested in SunCoke to routinely monitor and review the information that SunCoke posts on its website, in addition to following SunCoke's press releases, Securities and Exchange Commission filings and public conference calls and webcasts.
- Adjusted EBITDA represents earnings before interest, taxes, depreciation and amortization ("EBITDA"), adjusted for any impairments, restructuring costs, gains or losses on extinguishment of debt and transaction costs. EBITDA and Adjusted EBITDA do not represent and should not be considered alternatives to net income or operating income under GAAP and may not be comparable to other similarly titled measures in other businesses. Management believes Adjusted EBITDA is an important measure in assessing operating performance. Adjusted EBITDA provides useful information to investors because it highlights trends in our business that may not otherwise be apparent when relying solely on GAAP measures and because it eliminates items that have less bearing on our operating performance. EBITDA and Adjusted EBITDA are not measures calculated in accordance with GAAP, and they should not be considered a substitute for net income or any other measure of financial performance presented in accordance with GAAP. Additionally, other companies may calculate Adjusted EBITDA differently than we do, limiting its usefulness as a comparative measure.
- Adjusted EBITDA attributable to SXC represents Adjusted EBITDA less Adjusted EBITDA attributable to noncontrolling interests.
This press release and related conference call contain "forward-looking statements" (as defined in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended). Forward-looking statements often may be identified by the use of such words as "believe," "expect," "plan," "project," "intend," "anticipate," "estimate," "predict," "potential," "continue," "may," "will," "should," or the negative of these terms, or similar expressions. However, the absence of these words or similar expressions does not mean that a statement is not forward-looking. Forward-looking statements are not historical facts, but instead represent only our beliefs regarding future events, many of which are inherently uncertain and involve significant known and unknown risks and uncertainties (many of which are beyond the control of SunCoke) that could cause our actual results and financial condition to differ materially from the anticipated results and financial condition indicated in such forward-looking statements. These risks and uncertainties include, but are not limited to, the risks and uncertainties described in Item 1A ("Risk Factors") of our Annual Report on Form 10-K for the most recently completed fiscal year, as well as those described from time to time in our other reports and filings with the Securities and Exchange Commission.
In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, SunCoke has included in its filings with the Securities and Exchange Commission cautionary language identifying important factors (but not necessarily all the important factors) that could cause actual results to differ materially from those expressed in any forward-looking statement made by SunCoke. For information concerning these factors and other important information regarding the matters discussed in this presentation, see SunCoke's Securities and Exchange Commission filings, copies of which are available free of charge on SunCoke's website at www.suncoke.com. All forward-looking statements included in this presentation are expressly qualified in their entirety by such cautionary statements. Unpredictable or unknown factors not discussed in this presentation also could have material adverse effects on forward-looking statements.
Forward-looking statements are not guarantees of future performance, but are based upon the current knowledge, beliefs and expectations of SunCoke management, and upon assumptions by SunCoke concerning future conditions, any or all of which ultimately may prove to be inaccurate. You should not place undue reliance on these forward-looking statements, which speak only as of the date of the earnings release. SunCoke does not intend, and expressly disclaims any obligation, to update or alter its forward-looking statements (or associated cautionary language), whether as a result of new information, future events, or otherwise, after the date of the earnings release except as required by applicable law.
In addition, throughout this press release, we will use non-GAAP financial measures. Non-GAAP financial measures should not be considered as alternatives to the measures derived in accordance with U.S. GAAP. Non-GAAP financial measures have important limitations as analytical tools, and you should not consider them in isolation or as substitutes for results as reported under U.S. GAAP. Reconciliations to the most comparable GAAP financial measures can be found in the Appendix to this presentation.
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The game of cornhole is typically one played in the backyard during a barbeque.
On Saturday, however, players tossed bags to help raise awareness and donations for adults with cancer at the first Mandee’s Lunchbox Cornhole Tournament at Rising River Brewery in Lower Macungie Township.
As the tournament began, some guests grabbed a drink from the brewery before making their way into the shaded playing area by the Little Lehigh Creek. Those not playing sat in lawn chairs, or took their shoes off and jumped in the creek.
But mostly the dozens of people raised money for the nonprofit organization to buy restaurant gift cards for the families of cancer patients.
Angela Faidley, president of Mandee’s Lunchbox, created the group after her daughter, Amanda, died from cancer in 2018. Faidley said the idea for the organization was inspired by a collection her daughter started.
“When we were looking for a name, one of my daughters looked up and said, ‘Oh my goodness, [Amanda] collected lunchboxes,’ ” Faidley said. “ ‘Let’s call it Mandee’s Lunchbox.’ ”
The action featured 34 teams of two players each, some who also play in the Whitehall-Coplay Maennerchor League with Andy Kipila, a member of Mandee’s Lunchbox since its formation.
Kipila, who suggested the tournament as a fundraiser, said he appreciated the turnout.
“A lot of my friends from the league posted it,” he said. “It meant a lot just that everyone comes out [and] supports it. Everything’s gotten so crazy in the past couple years. Just get back to being kind to everybody.”
In the three years since its foundation, Mandee’s Lunchbox has provided over $40,000 worth of gift cards and partnered with four hospitals — St. Luke’s, Lehigh Valley Hospital, Johns Hopkins and MD Anderson — as well as the Cancer Support Community Greater Lehigh Valley. Faidley said a goal of Mandee’s Lunchbox is to work with more facilities.
“We’d love to be able to increase the hospitals that we get through and increase the amount we give to them,” Faidley said.
Faidley said Mandee’s Lunchbox is a collective cause made up of an “amazing group of people that make all these things happen” for the organization.
“Just the amount of people that come and help out and don’t expect anything in return just to be there and be a part of that,” Faidley said, “that’s terrific.”
Chris Sweeney, a Whitehall-Coplay Maennerchor League member who competed Saturday, said the tournament “was run very smooth.”
Having lost a family member to cancer, Sweeney said he knows about the impact the disease has on families: “I understand the financial toll it could have on anybody. To be able to support anybody or help anybody that’s in need, it’s rewarding in itself.”
For Ron W. Beitler, a co-owner of Rising River Brewery, playing host to events such as the cornhole tournament is in the brewery’s “DNA” as a way of being “a meaningful member of the community.”
“This is what we want to do,” Beitler said. “This is who we want to be, out front in the community and helping with wherever and whenever, however we can.”
Community is something Faidley said guests should take away from this event while also coming together “to enjoy life” and “remember Amanda.”
Faidley said that one of the best things about the organization is “making one of [Amanda’s] wishes come true,” while also making sure her name isn’t forgotten.
“[Amanda] just wanted to do something to help people, and that’s one of the best things,” Faidley said. “When you have an organization that you get to say her name constantly, and you get to constantly tell people about her, it’s kind of nice. Her spirit always lives on for this.”
Joe Eckstein is a freelance writer for The Morning Call. | https://www.mcall.com/health/mc-hea-mandees-lunchbox-20220802-6vbqb2fdgjcv7p75g2rmvimbxe-story.html | 2022-08-02T11:55:40Z | https://www.mcall.com/health/mc-hea-mandees-lunchbox-20220802-6vbqb2fdgjcv7p75g2rmvimbxe-story.html | true |
New appointment supports customers and their technology implementation to meet the needs of modern clinical research at a global scale
CARY, N.C., Aug. 2, 2022 /PRNewswire/ -- THREAD®, a leading technology and consulting service provider enabling electronic clinical outcome assessments (eCOA) and decentralized clinical trials (DCTs), today announced the appointment of Kim Boericke as chief delivery officer. In this role, Boericke will lead the company's Technology Enablement Consulting Services. A 2021 Stevie® Award winner for Female Executive of the Year, Boericke brings more than 25 years of experience in operations within the drug development industry and a proven track record designing, building and strategically evolving organizations throughout her career.
In her new role, Boericke will lead THREAD's global team of consulting services experts focused on technology implementation for customers. She will oversee operational design, launch and technology support to help scale THREAD's unified patient-centric platform across the company's expanding global portfolio.
"Our customers are focused on designing, operating and scaling the most patient-centric research," said Boericke. "I am thrilled to join THREAD's team of experts focused on helping our customers deliver studies that reduce patient burden, better support sites and provide a more inclusive study design for patients around the world."
Prior to joining THREAD, Boericke served in executive leadership positions at leading global contract research organizations and academic research organizations where she enabled sponsors to deliver their research programs through a combination of technology and consulting services.
A champion of patient centricity throughout her career, Boericke also has been active in corporate initiatives focused on diversity, equity and inclusion, including as executive sponsor for the Network of Women (NOW) and PRIDE, and is currently an independent board director for the Mapi Research Trust.
"Kim brings senior-level operational expertise, customer focus and industry stakeholder views to THREAD," said John Reites, CEO, THREAD. "Her appointment represents an important addition to THREAD's leadership team to enrich our market leadership position as we deliver the most patient-centric research approaches for our customers."
Visit the THREAD website for Boericke's full biography and to learn more about THREAD's leadership team.
About THREAD
THREAD® is the industry-leading decentralized clinical trials technology and consulting service provider, helping biopharma and CROs decentralize clinical research and enable electronic clinical outcome assessments (eCOA) for sites, participants, caregivers and home health professionals. Through its unified platform, THREAD is making studies 30% more efficient and five times more inclusive and diverse. Backed by health care investors Water Street Healthcare Partners and JLL Partners, THREAD is recognized as a leader by Everest Group's Decentralized Clinical Trial Product PEAK Matrix® Assessment 2021, Frost & Sullivan's 2021 Customer Value Leadership Award as well as a long list of accolades. Visit THREADresearch.com to learn more.
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SOURCE THREAD | https://www.kalb.com/prnewswire/2022/08/02/kim-boericke-joins-thread-executive-leadership-team-chief-delivery-officer/ | 2022-08-02T11:57:11Z | https://www.kalb.com/prnewswire/2022/08/02/kim-boericke-joins-thread-executive-leadership-team-chief-delivery-officer/ | false |
Expert analysis in industry report shows Lakeside's status as a Leader
BOSTON, Aug. 2, 2022 /PRNewswire/ -- Lakeside Software, an enterprise-class digital experience management software provider, has been named a Leader in The Forrester Wave™: End-User Experience Management, Q3 2022 report. Among the vendors analyzed, Lakeside was cited for enabling deep historical analysis of telemetry data for RCA.
The Q3 2022 report evaluated the most significant end-user experience management (EUEM) providers and scored them using 30 criteria. Lakeside scored the highest possible marks in the strategy criteria of partner integration, market approach, and supporting products and services. Lakeside's telemetry monitoring was also scored highest, a benefit of SysTrack's Intelligent Edge which collects 10,000 metrics out of the box. The report notes that the exceptional UI of Lakeside's Prevent solution makes it easy for service desk administrators to quickly identify common high-severity events and remediate them at scale.
The evaluation findings were supported by strong references from the customer community. Customers cited Lakeside's "exceptional support, granular data analysis, and improved usability." The report also highlighted differentiated support services in the form of DEX packs, which help customers quickly implement new services such as proactive management.
"In an increasingly digital working environment for many of today's global enterprises, we are proud to serve our customers with IT solutions that will drive employee engagement and productivity, while reducing downtime caused by tech disruptions," said David Keil, CEO, Lakeside Software. "We believe earning a leader position in the end-user experience management category demonstrates our continued commitment to offer best in class solutions that meet the needs of today's modern enterprises."
Lakeside has experienced tremendous market share and talent acquisition growth. The company recently announced the appointment of three new executives who will lead national and international markets.
To download a complimentary copy of the full report, click here.
Lakeside Software is a leader in cloud-based digital experience management. Lakeside's Digital Experience Cloud, powered by SysTrack, gathers and analyzes data on everything that may impact end-user experience and business productivity and provides the unmatched visibility IT teams need to design and support rapidly changing digital workplaces. Customers use Lakeside's technology to perform end-user experience management, digital workplace planning, IT asset optimization, remote work management, and proactive service desk operations. For more information, visit www.lakesidesoftware.com.
Lakeside Software and SysTrack are registered trademarks and/or trademarks of Lakeside Software, LLC in the United States, and other jurisdictions. All other trademarks and registered trademarks are property of their respective owners.
Media Contact:
Zen Media
Brittany Frey
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SOURCE Lakeside Software | https://www.kalb.com/prnewswire/2022/08/02/lakeside-software-recognized-leader-end-user-experience-management-by-independent-research-firm/ | 2022-08-02T11:57:17Z | https://www.kalb.com/prnewswire/2022/08/02/lakeside-software-recognized-leader-end-user-experience-management-by-independent-research-firm/ | false |
The United Nations chief has warned the world that “humanity is just one misunderstanding, one miscalculation, away from nuclear annihilation”.
Secretary-general Antonio Guterres gave the dire warning at the opening of the long-delayed high-level meeting to review the landmark 50-year-old treaty aimed at preventing the spread of nuclear weapons and eventually achieving a nuclear-free world.
He cited especially the war in Ukraine and the threat of nuclear weapons in conflicts in the Middle East and Asia, two regions “edging towards catastrophe”.
Mr Guterres told ministers, officials and diplomats attending the month-long conference to review the Nuclear Non-Proliferation Treaty that the meeting is taking place “at a critical juncture for our collective peace and security” and “at a time of nuclear danger not seen since the height of the Cold War”.
The conference is “an opportunity to hammer out the measures that will help avoid certain disaster, and to put humanity on a new path towards a world free of nuclear weapons,” he said.
But Mr Guterres warned that “geopolitical weapons are reaching new highs”, almost 13,000 nuclear weapons are in arsenals around the world, and countries seeking “false security” are spending hundreds of billions of dollars on “doomsday weapons”.
“All this at a time when the risks of proliferation are growing and guardrails to prevent escalation are weakening,” he said, “And when crises – with nuclear undertones – are festering from the Middle East and the Korean peninsula to Russia’s invasion of Ukraine.”
He called on conference participants to urgently reinforce and reaffirm “the 77-year-old norm against the use of nuclear weapons”; work relentlessly towards the elimination of nuclear weapons with new commitments to reduce arsenals; address “the simmering tensions in the Middle Est and Asia”; and promote the peaceful use of nuclear technology.
“Future generations are counting on your commitment to step back from the abyss,” he told the ministers and diplomats. “This is our moment to meet this fundamental test and lift the cloud of nuclear annihilation once and for all.”
In force since 1970, the Non-Proliferation Treaty known as the NPT has the widest adherence of any arms control agreement, with 191 countries as members.
Under its provisions, the five original nuclear powers – the US, China, Russia (then the Soviet Union), the UK and France – agreed to negotiate towards eventually eliminating their arsenals and nations without nuclear weapons promised not to acquire them in exchange for a guarantee to be able to develop nuclear energy for peaceful purposes.
India and Pakistan, which did not join the NPT, went on to get the bomb. So did North Korea, which ratified the pact but later announced it was withdrawing. Non-signatory Israel is believed to have a nuclear arsenal but neither confirms nor denies it.
Nonetheless, the treaty has been credited with limiting the number of nuclear newcomers as a framework for international co-operation on disarmament.
The meeting, which ends on August 26, aims to generate a consensus on next steps, but expectations are low for a substantial agreement. | https://www.thecourier.co.uk/news/uk-world/3552088/world-is-one-step-from-nuclear-annihilation-warns-un-chief/ | 2022-08-02T11:58:26Z | https://www.thecourier.co.uk/news/uk-world/3552088/world-is-one-step-from-nuclear-annihilation-warns-un-chief/ | true |
Luke Donald has been named Europe’s Ryder Cup captain for next year’s contest in Rome after Henrik Stenson was stripped of the role.
Here, the PA news agency looks at the background to the appointment and the task faced by Donald in trying to regain the trophy.
Why was a new captain needed?
Stenson was appointed on March 15 and said he was fully committed to a role which he described as “beyond my wildest dreams”. The former Open champion also signed a contract pledging he would not support or promote other Tours, only to do precisely that by signing with the Saudi-backed LIV Golf series a few days after missing the cut in the Open Championship at St Andrews. Stenson felt he could make arrangements to remain captain and play in LIV events, but was stripped of the role following a meeting with Ryder Cup Europe officials.
Why did Donald get the nod?
The former world number one was among four original candidates along with Paul Lawrie and Robert Karlsson and is understood to have pushed Stenson close at the time. The 44-year-old has an impeccable playing record in the Ryder Cup – being part of the winning side in 2004, 2006, 2010 and 2012 – and also gained experience as vice-captain to Thomas Bjorn in 2018 and Padraig Harrington last year. Being closer in age to Europe’s players than the 53-year-old Lawrie and the 52-year-old Karlsson may have been a decisive factor in the decision.
Who will be on Donald’s team for Rome?
The likes of Rory McIlroy, Jon Rahm, Viktor Hovland, Shane Lowry and US Open champion Matt Fitzpatrick would appear near-certainties to be on the plane to Italy, but it remains to be seen if LIV players such as Stenson, Ian Poulter, Lee Westwood and Sergio Garcia will even be eligible to attempt to qualify. DP World Tour members who were banned from the Scottish Open for playing the first LIV event in June without permission won a temporary stay of their suspension pending a determination of their substantive appeals. Ryder Cup director Guy Kinnings expects qualifying will begin before the appeal is settled.
What about the opposition?
LIV’s PGA Tour players remain suspended and therefore ineligible as things stand, although that could change with legal action reportedly on the verge of being filed. Dustin Johnson, Bryson DeChambeau and Brooks Koepka are the three members of the 2021 winning side to have joined the Saudi-backed breakaway that also includes Patrick Reed and Bubba Watson.
So is it advantage Europe?
The United States have not won a Ryder Cup on European soil since 1993, but stormed to a record 19-9 victory at Whistling Straits last year with a team whose 12 members were all ranked inside the world’s top 21. Scottie Scheffler was the man ranked 21st at the time but has since risen to world number one and won the Masters, with US captain Zach Johnson also able to call upon the likes of Collin Morikawa, Justin Thomas, Jordan Spieth, Xander Schauffele, Patrick Cantlay, Will Zalatoris and Tony Finau. | https://www.thecourier.co.uk/news/uk-world/3552718/the-task-facing-luke-donald-after-replacing-henrik-stenson/ | 2022-08-02T11:59:44Z | https://www.thecourier.co.uk/news/uk-world/3552718/the-task-facing-luke-donald-after-replacing-henrik-stenson/ | false |
VANCOUVER, BC, Aug. 2, 2022 /PRNewswire/ - Graphite One Inc. (TSXV: GPH) (OTCQX: GPHOF) (the "Company") is pleased to announce that the Company intends to amend the term of 10,429,981 warrants that were issued on August 12, 2021 and September 24, 2021. Such amendment is subject to Exchange acceptance. The amendment includes extending the expiry date of the warrants from August 12, 2022 to May 12, 2023 and adds a new acceleration provision whereby if the Company's share price closes above $1.75 for 20 consecutive trading days, the Company can elect to accelerate the expiry date of the warrant by issuing a press release to notify the warrantholders the warrants will expire 45 days from the press release date. The original exercise price of $1.50 per warrant and all other terms of the warrants will remain unchanged for the extended exercise period.
The warrants were issued as part of the June 30, 2021 announcement of a brokered private placement of up to 12 million units at $1.00 per unit. Each unit consisted of one common share and one share-purchase warrant exercisable at $1.50 per warrant and expires 12 months from the date of closing.
No action is required by the warrant holders as a result of the extension of the warrant expiry date. A warrant holder who wishes to exercise the warrants will be required to submit a warrant exercise form to Computershare, the Company's agent for processing the warrant exercises.
GRAPHITE ONE INC. (TSXV: GPH) (OTCQX: GPHOF) continues to develop its Graphite One Project (the "Project"), whereby the Company could potentially become an American producer of high-grade anode materials that is integrated with a domestic graphite resource. The Project is proposed as a vertically integrated enterprise to mine, process and manufacture high grade anode materials primarily for the lithium–ion electric vehicle battery market. As set forth in the Company's Preliminary Economic Assessment, potential graphite mineralization mined from the Company's Graphite Creek Property, is expected to be processed into concentrate at a graphite processing plant. The proposed processing plant would be located on the Graphite Creek Property situated on the Seward Peninsula about 60 kilometers north of Nome, Alaska. Graphite anodes and other value–added graphite products would be manufactured from the concentrate and other materials at the Company's proposed advanced graphite materials manufacturing facility, the location of which is the subject of further study and analysis. The Company intends to make a production decision on the Project once a feasibility study is completed.
"Anthony Huston" (signed)
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.
This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts, that address future production, establishment of a processing plant, and events or developments that the Company expects, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, except as required by applicable securities laws. For more information on the Company, investors should review the Company's continuous disclosure filings that are available at www.sedar.com.
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CORPUS CHRISTI, Texas, Aug. 2, 2022 /PRNewswire/ - Uranium Energy Corp. (NYSE American: UEC), (the "Company" or "UEC") is pleased to announce it has submitted an offer to supply the U.S. Department of Energy - National Nuclear Security Administration ("NNSA") in response to the U.S. government uranium tender to launch the national Uranium Reserve. The program was designed as a 10 year, $10 billion plan with $75 million authorized to date for the purchase of uranium and conversion services.
Amir Adnani, President and CEO stated: "The NNSA initial purchase goal for one million pounds marks an important milestone for the beginning of this program. The NNSA purchases will help jump start our industry and reduce the country's reliance on uranium from jurisdictions that expose America to precarious supply risks. Today, those risks include uranium from Russia, its allies and increasingly China. Clearly, domestic supply is critical for U.S. energy and national security. This was in fact one of the primary drivers behind UEC's acquisition of Russia's Uranium One Americas, repatriating this important asset back to U.S. ownership and control. The acquisition was not only a highly accretive business transaction, it also increased domestic capability in the nation's nuclear fuel supply chain. We are looking forward to the continued improvement in the nuclear fuel markets and UEC's production to help supply America's uranium needs."
UEC Chairman and former U.S. Energy Secretary, Spencer Abraham, commented: "We applaud Senator Barrasso's bill that was discussed in the U.S. Senate Committee on Energy and Natural Resources hearing last week. His legislation would prohibit the importation of uranium from the Russian Federation. While the U.S. has banned the imports of other Russian energy sources it has not included nuclear fuel. To ban some energy imports and not others sends a mixed message, especially considering that import revenues from Russian uranium sales are helping fund Russia's war in Ukraine."
Secretary Abraham continued: "While Russia's invasion of Ukraine has garnered outrage from the international community, many nations find themselves handcuffed in terms of their ability to respond, due to their reliance on Russian energy imports. It would be naive to think that what Russia has done to the Western European community on gas supplies would not apply to its exportation of nuclear fuel and uranium. Banning Russian uranium imports and supporting our domestic nuclear fuel supply capabilities are solid steps towards bolstering our energy independence and protecting our national security."
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
Frankfurt Stock Exchange Symbol: U6Z
WKN: AØJDRR
ISN: US916896103
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 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, market and other conditions, 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. 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. Certain matters discussed in this news release and oral statements made from time to time by representatives of the Company may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Federal securities laws. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that its expectations will be achieved. Forward-looking information is subject to certain risks, trends and uncertainties that could cause actual results to differ materially from those projected. Many of these factors are beyond the Company's ability to control or predict. 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.kalb.com/prnewswire/2022/08/02/uranium-energy-corp-submits-offer-us-government-supply-strategic-uranium-reserve-applauds-senate-energy-natural-resources-hearing/ | 2022-08-02T12:01:29Z | https://www.kalb.com/prnewswire/2022/08/02/uranium-energy-corp-submits-offer-us-government-supply-strategic-uranium-reserve-applauds-senate-energy-natural-resources-hearing/ | true |
Foundry selects Hut 8's data centre infrastructure for cloud services
TORONTO, Aug. 2, 2022 /PRNewswire/ - Hut 8 Mining Corp. (NASDAQ: HUT) (TSX: HUT) ("Hut 8" or the "Company"), one of North America's largest, innovation-focused digital asset mining pioneers and high performance computing infrastructure provider, has signed a partnership with Foundry Digital LLC ("Foundry"), a wholly-owned subsidiary of Digital Currency Group Inc. ("DCG") focused on digital asset infrastructure. The deal marks the first significant Blockchain-industry win for Hut 8's high performance computing business.
Hut 8 will support multiple lines of business for Foundry, initially at the company's Mississauga, Ontario data centre with plans to expand into the Kelowna, British Columbia data centre for infrastructure support across Canada. Foundry works with the North American digital currency mining and staking industry bringing institutional expertise, capital and market intelligence to help build decentralized infrastructure.
"We are delighted to welcome Foundry, who we've long supported through their digital asset mining pool, to our high performance computing data centre in Mississauga, Ontario," said Jaime Leverton, CEO of Hut 8. "Foundry is a leader in the digital asset industry, and we look forward to enabling their continued growth with cutting-edge infrastructure."
"Hut 8 has been a trusted partner of Foundry's since 2020," said Dan Magnuszewski, CTO of Foundry. "As Bitcoin industry veterans with expertise in data centre infrastructure, Hut 8 knows our industry intimately, which is why they were a natural fit when we sought infrastructure services."
A subsidiary of DCG, Foundry Digital LLC was created to meet the institutional demand for better capital access, efficiency, and transparency in the digital asset mining and staking industry. Headquartered in Rochester, NY, Foundry leverages its institutional expertise, capital, and market intelligence to empower participants within the crypto ecosystem by providing the tools they need to build tomorrow's decentralized infrastructure. For more information, please visit foundrydigital.com.
Hut 8 is one of North America's largest innovation-focused digital asset miners, led by a team of business-building technologists, bullish on bitcoin, blockchain, Web 3.0 and bridging the nascent and traditional high performance computing worlds. With two digital asset mining sites located in Southern Alberta and a third site in North Bay, Ontario, all located in Canada, Hut 8 has one of the highest capacity rates in the industry and one of the highest inventories of self-mined Bitcoin of any crypto miner or publicly traded company globally. With 36,000 square feet of geo-diverse data centre space and cloud capacity connected to electrical grids powered by significant renewables and emission-free resources, Hut 8 is revolutionizing conventional assets to create the first hybrid data centre model that serves both the traditional high performance compute (Web 2.0) and nascent digital asset computing sectors, blockchain gaming, and Web 3.0. Hut 8 was the first Canadian digital asset miner to list on the Nasdaq Global Select Market. Through innovation, imagination, and passion, Hut 8 is helping to define the digital asset revolution to create value and positive impacts for its shareholders and generations to come.
This press release includes "forward-looking information" and "forward-looking statements" within the meaning of Canadian securities laws and United States securities laws, respectively (collectively, "forward-looking information"). All information, other than statements of historical facts, included in this press release that address activities, events or developments that the Company expects or anticipates will or may occur in the future, including such things as future business strategy, competitive strengths, goals, expansion and growth of the Company's businesses, operations, plans and other such matters is forward-looking information. Forward-looking information is often identified by the words "may", "would", "could", "should", "will", "intend", "plan", "anticipate", "allow", "believe", "estimate", "expect", "predict", "can", "might", "potential", "predict", "is designed to", "likely" or similar expressions. In addition, any statements in this press release that refer to expectations, projections or other characterizations of future events or circumstances contain forward-looking information and include, among others, statements regarding: the Company's expected recurring revenue and growth rate from its high performance computing business; the Company's ability to successfully navigate the current market; and the scope of the services to be provided by Hut 8 to Foundry Digital at Hut 8's Mississauga data centre, including the proposed expansion of those services to the Kelowna data centre.
Statements containing forward-looking information are not historical facts, but instead represent management's expectations, estimates and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking information, including but not limited to the factors described in greater detail in the "Risk Factors" section of the Company's Annual Information Form dated March 17, 2022, and Hut 8's other continuous disclosure documents which are available on www.sedar.com.
These factors are not intended to represent a complete list of the factors that could affect Hut 8; however, these factors should be considered carefully. There can be no assurance that such estimates and assumptions will prove to be correct. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described in this press release as intended, planned, anticipated, believed, sought, proposed, estimated, forecasted, expected, projected or targeted and such forward-looking statements included in this press release should not be unduly relied upon. The impact of any one assumption, risk, uncertainty, or other factor on a particular forward-looking statement cannot be determined with certainty because they are interdependent and Hut 8's future decisions and actions will depend on management's assessment of all information at the relevant time. The forward-looking statements contained in this press release are made as of the date of this press release, and Hut 8 expressly disclaims any obligation to update or alter statements containing any forward-looking information, or the factors or assumptions underlying them, whether as a result of new information, future events or otherwise, except as required by law
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Acquisition of Mallard Advisors, LLC Expands Mercer Advisors' Northeast Presence
DENVER, Aug. 2, 2022 /PRNewswire/ -- Mercer Global Advisors, Inc. ("Mercer Advisors"), a national Registered Investment Adviser (RIA), today announced the acquisition of Mallard Advisors, LLC. ("Mallard"). Mallard, a respected wealth management firm located in Hockessin, Delaware, serves 109 clients with assets under management (AUM) of approximately $165 million. Mallard was founded by William D. Starnes, CFP®, MST, ChFC® in 2002. Bill and his team will be joining Mercer Advisors.
Mallard is a financial planning and wealth management practice with experience working with data-driven clients (i.e., scientists, engineers, and financial professionals). When it comes to decisions involved in transitioning into retirement, these professionals want to see all the details and calculations involved in the analysis in order to feel secure in their decisions.
Commenting on the transaction, founder William D. Starnes ("Bill") stated: "At Mallard, my team and I are dedicated to serving our clients with excellence and see our clients as extended family. Moreover, I am committed to the success and development of my staff. As the sole founder and owner of the firm it is incumbent on me to make sure my clients and team are taken care of if something were to happen to me. To that end, I partnered with Mercer Advisors through their Mutual Assistance Pact ("MAP") program wherein they would look after my clients and staff if something unforeseen should happen to me. I worked with Mercer Advisors Vice Chairman David Barton to put that MAP plan in place several years ago and have been very happy with the arrangement. As time went on, however, I realized it was time for me to work on my own transition plan and once again reached out to Dave Barton and Mercer Advisors whom I respect and trust. Together we worked on, and successfully completed, my succession plan and I am thrilled to join a firm like Mercer Advisors alongside my fantastic team."
David Barton, Vice Chairman of Mercer Advisors, who led the acquisition of Mallard on behalf of Mercer Advisors stated: "Bill is a superior financial planner, a salt of the earth person, and is committed to his clients and team. These are all traits I look for in determining whether or not a cultural fit exists between our firms. In Mallard, we found a perfect fit and we could not be more excited to partner with Bill and his team to expand our Delaware presence."
Dave Welling, Chief Executive Officer of Mercer Advisors, said, "Bill has built a great business and a strong team of highly respected wealth management professionals. We are thrilled they are joining the Mercer Advisors Team and we look forward to working together to help deliver meaningful results for our shared clients."
Established in 1985, Mercer Global Advisors Inc. ("Mercer Advisors") is a total wealth management firm that provides comprehensive, fee-based investment management, financial planning, family office services, retirement benefits and distribution planning, estate and tax planning, insurance solutions, and corporate trustee and trust administration services. Mercer Advisors Inc. is a parent company of Mercer Global Advisors Inc. (RIA), majority owned by both Oak Hill Capital and Genstar Capital, one of the largest Registered Investment Advisors and financial planning firms in the U.S. with over $37 billion in client assets. Headquartered in Denver, Mercer Advisors is privately held, has over 760 employees, and operates nationally through 60+ offices across the country. For more information, visit www.merceradvisors.com.
Data as of June 30, 2022. AUM includes affiliates and wholly owned subsidiaries.
Mercer Global Advisors Inc. is registered with the Securities and Exchange Commission and delivers all investment-related services. Mercer Advisors Inc. is the parent company of Mercer Global Advisors Inc. and is not involved with investment services.
Mercer Advisors is not a law firm and does not provide legal advice to clients. All estate planning documentation preparation and other legal advice is provided through its affiliation with Advanced Services Law Group, Inc.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements. The ChFC® mark is the property of The American College, which reserves sole rights to its use, and is used by permission.
Contact: Chris Tofalli
Chris Tofalli Public Relations, LLC
914-834-4334
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MILWAUKEE (AP) _ WEC Energy Group Inc. (WEC) on Tuesday reported second-quarter earnings of $287.8 million.
The Milwaukee-based company said it had profit of 91 cents per share.
The results surpassed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 86 cents per share.
The electricity and natural gas provider posted revenue of $2.13 billion in the period, also surpassing Street forecasts. Five analysts surveyed by Zacks expected $1.74 billion.
WEC Energy expects full-year earnings to be $4.36 to $4.40 per share.
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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 WEC at https://www.zacks.com/ap/WEC | https://www.sfchronicle.com/business/article/WEC-Energy-Q2-Earnings-Snapshot-17344940.php | 2022-08-02T12:03:21Z | https://www.sfchronicle.com/business/article/WEC-Energy-Q2-Earnings-Snapshot-17344940.php | false |
5 things to know for August 2: Al Qaeda, Taiwan, Extreme weather, Ukraine, Uvalde
By Alexandra Meeks, CNN
A glimmer of relief is emerging at the checkout aisle: the return of discounts. Major retailers — including Walmart, Best Buy and Target — stocked up on merchandise months ago to prepare for supply chain shortages. But now, with extra goods sitting on their shelves, many stores are increasing promotions and lowering prices to entice inflation-weary shoppers.
Here’s what you need to know to Get Up to Speed and On with Your Day.
(You can get “5 Things You Need to Know Today” delivered to your inbox daily. Sign up here.)
1. Al Qaeda
The US killed al Qaeda leader Ayman al-Zawahiri in a drone strike, President Joe Biden said Monday in a speech from the White House. Zawahiri, the world’s most wanted terrorist and one of the masterminds of the 9/11 terror attacks, was killed after months of highly secret planning by Biden and a tight circle of his senior advisers. Throughout the complex effort to plan the strike, Biden repeatedly tasked his officials with ensuring that civilians — including members of Zawahiri’s family — were not killed. None were, according to the White House. “People around the world no longer need to fear the vicious and determined killer,” Biden said. The moment was a political win for the President, as he emphasized the US “will always do what is necessary” to ensure the security of Americans.
2. Taiwan
House Speaker Nancy Pelosi is expected to visit Taiwan as part of her tour of Asia, according to a senior Taiwanese government official and a US official, despite warnings from Biden administration officials who are worried about China’s response to such a high-profile visit. The stop — a first for a US House speaker in 25 years — comes at a time when US-China relations are strained. US Defense Department officials are now working around the clock on monitoring any Chinese movements in the region and securing a plan to keep her safe. While the expected stop in Taiwan is not currently on Pelosi’s itinerary, China has warned against the “egregious political impact” of the planned visit to the self-governing island that China claims as a part of its territory. Chinese officials have also reiterated that its military “won’t sit by idly” if Beijing feels its “sovereignty and territorial integrity” is being threatened.
3. Extreme weather
Extreme weather has thrashed parts of the US over the past week — one of the many signals that climate change is here now, scientists say. Recovery efforts are underway after two devastating floods, one in Kentucky and another in Missouri. The death toll in Kentucky rose to 37 on Monday and the governor said hundreds remain unaccounted for. Missouri is also trying to recover after St. Louis was drenched with 9 inches of rain last week, setting the city’s highest daily rainfall total since 1915. Meanwhile, a severe drought has fueled California’s largest wildfire of the year so far — the McKinney Fire — which burned so hot that massive pyrocumulus clouds erupted into the atmosphere. Climate scientists say more of these extremes are expected as the planet continues to warm. The biggest single contributor to the climate crisis is fossil fuels, but many countries are delaying their phaseout plans in response to the energy crunch caused by Russia’s invasion of Ukraine.
4. Ukraine
The US announced an additional $550 million security assistance package for Ukraine on Monday to “meet Ukraine’s critical security and defense needs,” according to a statement from the Pentagon. The assistance, which is being drawn from US stockpiles, includes 75,000 rounds of artillery ammunition and an undisclosed amount of additional ammunition for advanced rocket systems to help defend Ukraine. The aid comes as the Ukrainian military has repelled Russian advances in the eastern Donetsk region near the strategically important city of Bakhmut. However, Russian shelling has intensified in the city of Mykolaiv, where Russian forces hit a university dorm overnight, Ukrainian officials said. Recent attacks in this area are being described by the city’s mayor as the “strongest” since the start of the war.
5. Uvalde
More than a dozen major news organizations have filed a lawsuit against the Texas Department of Public Safety to obtain public records relating to the Robb Elementary School massacre in Uvalde, Texas. The coalition includes CNN, the Texas Tribune, and many of the state and the country’s biggest news outlets. The news organizations have been fighting for weeks to obtain information on behalf of the public amid falsehoods and stonewalling from Texas officials in the aftermath of the mass shooting. Separately, Texas Gov. Greg Abbott met privately with families in Uvalde on Monday to discuss school safety. But some expressed skepticism regarding the governor’s visit to the town, where questions and frustrations remain over the official response to the May 24 massacre that left 19 students and two teachers dead.
BREAKFAST BROWSE
Doorbell ‘ringing’ bear
Watch this doorbell cam footage of a bear casually walking up to a woman’s front door. U-bear eats? Is that you?
Help wanted: $78,000 a year to taste candy while sitting on your couch
This may be the sweetest job opening ever.
Angelina Jolie’s daughter is headed to Spelman College
Zahara Jolie-Pitt is headed to an HBCU in Atlanta. Check out the lovely photo Jolie shared of Zahara with her new Spelman sisters.
Passenger fined $1,874 after two undeclared McMuffins found in luggage
I guess you can call that a not-so-happy meal.
How the world’s biggest four-day workweek test changed people’s lives
What do you think about a four-day work schedule — with no cut to your pay? Thousands of people in the UK tested it for two months. Here’s what they’re saying about it.
TODAY’S NUMBER
7 years
That’s how long a man was sentenced to serve in prison on Monday for participating in the Capitol insurrection on January 6, 2021. The rioter, Guy Reffitt, received the longest insurrection-related sentence to date for bringing a gun to the US Capitol and threatening House Speaker Nancy Pelosi. Reffitt, a recruiter for a right-wing militia, was the first Capitol rioter to go to trial rather than take a plea agreement.
TODAY’S QUOTE
“Anyone who has a recalled product in his or her possession should dispose of it immediately or return it to the place of purchase for a refund.”
— A beverage recall issued by food company Lyons Magnus, warning 53 drink products should be thrown out or returned due to possible Cronobacter bacterial contamination. The voluntary recall includes certain lots of beverages, liquid coffee, pediatric nutritional supplements, protein shakes, nutritional shakes and thickened liquids. Products included in the recall include some branded as Oatly, Stumptown, Glucerna, Intelligentsia, Aloha, Kate Farms and Premier Protein, according to an announcement from the company.
TODAY’S WEATHER
Check your local forecast here>>>
AND FINALLY
Gardener catches cute groundhog eating his vegetables
This groundhog steals veggies from a garden — and eats them right in front of the gardener’s security camera. He’s a little menace, but still pretty cute. (Click here to view)
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://kion546.com/news/2022/08/02/5-things-to-know-for-august-2-al-qaeda-taiwan-extreme-weather-ukraine-uvalde-3/ | 2022-08-02T12:03:53Z | https://kion546.com/news/2022/08/02/5-things-to-know-for-august-2-al-qaeda-taiwan-extreme-weather-ukraine-uvalde-3/ | true |
Innoviz will provide InnovizTwo LiDAR sensors and perception software
- LiDARs are a critical element of advanced driver assist systems (ADAS) and autonomous vehicles (AVs). CARIAD selected Innoviz to be its supplier and deliverer of advanced ADAS features for the segment of automated vehicles within the Volkswagen brands.
- CARIAD selected the InnovizTwo next-generation LiDAR sensor and perception software.
- This is Innoviz's third design win with a major automaker and first deal as a Tier-1 supplier.
TEL AVIV, Israel, Aug. 2, 2022 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz") announced today that its recent design win is with CARIAD SE.
"We are thrilled to work with the CARIAD team and be a supplier of LiDAR sensors and perception software to support safe mobility for vehicles launching from the middle of the decade," said Innoviz CEO and Co-Founder, Omer Keilaf. "CARIAD is a leading player in the transformation of the whole automotive space. We are proud to be part of their mission."
With its third design win, Innoviz's forward-looking order book was updated to $6.6 billion.
Footage of InnovizTwo LiDAR performance can be found here.
About Innoviz Technologies
Innoviz is a global leader in LiDAR technology, working towards a future with safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been selected by internationally-recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit innoviz-tech.com.
Join the discussion: Facebook, LinkedIn, YouTube, Twitter
Forward Looking Statements
This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates, Innoviz's forward-looking order book, and Innoviz's projected future results. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. "Forward-looking order book" is the cumulative projected future sales of hardware and perception software based on current estimates of volumes and pricing relating to a project. Many factors could cause actual future events, and, in the case of our forward-looking order book, actual orders, to differ materially from the forward-looking statements in this announcement, including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to convert design wins into definitive orders and the magnitude of such orders, the ability to identify and realize additional opportunities, and potential changes and developments in the highly competitive LiDAR technology and related industries. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in Innoviz's annual report on Form 20-F filed with the SEC on March 30, 2022 and other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no assurance that it will achieve its expectations.
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Media Contact
media@innoviz-tech.com
Investor Contact
Maya Lustig
Innoviz Technologies
+972 54 677 8100
investors@innoviz-tech.com
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SOURCE Innoviz Technologies | https://www.kfyrtv.com/prnewswire/2022/08/02/cariad-se-selects-innoviz-direct-lidar-supplier-segment-automated-vehicles-within-volkswagen-brands/ | 2022-08-02T12:04:53Z | https://www.kfyrtv.com/prnewswire/2022/08/02/cariad-se-selects-innoviz-direct-lidar-supplier-segment-automated-vehicles-within-volkswagen-brands/ | false |
MILWAUKEE, Aug. 2, 2022 /PRNewswire/ -- WEC Energy Group (NYSE: WEC) today reported net income of $287.5 million, or 91 cents per share, for the second quarter of 2022 – up from $276.0 million, or 87 cents per share, in last year's second quarter.
For the first six months of 2022, the company recorded net income of $853.4 million, or $2.70 per share – up from $786.1 million, or $2.49 per share, in the corresponding period a year ago.
Consolidated revenues totaled $5.0 billion for the first six months of 2022, up $668.4 million over revenues for the first half of 2021.
"A warm start to the summer, solid results from our infrastructure segment and continued execution of our capital plan were major factors that shaped another strong quarter," said Gale Klappa, executive chairman.
Retail deliveries of electricity – excluding the iron ore mine in Michigan's Upper Peninsula – were down by 0.4 percent in the second quarter of 2022, compared to the second quarter last year.
Electricity consumption by small commercial and industrial customers was 0.7 percent higher during the second quarter of 2022. Electricity use by large commercial and industrial customers – excluding the iron ore mine – fell by 2.0 percent.
Residential electricity use rose by 0.1 percent.
On a weather-normal basis, retail deliveries of electricity during the second quarter of this year – excluding the iron ore mine – increased by 0.3 percent.
In light of its strong performance, the company is raising its earnings guidance for 2022, to a range of $4.36 to $4.40 per share. This assumes normal weather for the remainder of the year. The company previously raised its annual guidance to a range of $4.34 to $4.38 per share, from its original guidance of $4.29 to $4.33 per share.
Earnings per share listed in this news release are on a fully diluted basis.
A conference call is scheduled for 1 p.m. Central time, Tuesday, Aug. 2. The call will review 2022 second-quarter earnings and the company's outlook for the future.
All interested parties, including stockholders, news media and the general public, are invited to listen. Access the call at 888-330-2443 up to 15 minutes before it begins. The number for international callers is 240-789-2728. The conference ID is 3088105.
Conference call access also is available at wecenergygroup.com. Under 'Webcasts,' select 'Q2 Earnings.' In conjunction with this earnings announcement, WEC Energy Group will post on its website a package of detailed financial information on its second-quarter performance. The materials will be available at 6:30 a.m. Central time, Tuesday, Aug. 2.
A replay will be available on the website and by phone. Access to the webcast replay will be available on the website about two hours after the call. Access to a phone replay also will be available approximately two hours after the call and remain accessible through Aug. 16, 2022. Domestic callers should dial 800-770-2030. International callers should dial 647-362-9199. The replay conference ID is 3088105.
WEC Energy Group (NYSE: WEC), based in Milwaukee, is one of the nation's premier energy companies, serving 4.6 million customers in Wisconsin, Illinois, Michigan and Minnesota.
The company's principal utilities are We Energies, Wisconsin Public Service, Peoples Gas, North Shore Gas, Michigan Gas Utilities, Minnesota Energy Resources and Upper Michigan Energy Resources. Another major subsidiary, We Power, designs, builds and owns electric generating plants. In addition, WEC Infrastructure LLC owns a growing fleet of renewable generation facilities in the Midwest.
WEC Energy Group (wecenergygroup.com) is a Fortune 500 company and a component of the S&P 500. The company has 38,000 stockholders of record, 7,000 employees and more than $39 billion of assets.
Certain statements contained in this press release are "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based upon management's current expectations and are subject to risks and uncertainties that could cause our actual results to differ materially from those contemplated in the statements. Readers are cautioned not to place undue reliance on these statements. Forward-looking statements include, among other things, statements concerning management's expectations and projections regarding earnings and future results. In some cases, forward-looking statements may be identified by reference to a future period or periods or by the use of forward-looking terminology such as "anticipates," "believes," "estimates," "expects," "forecasts," "guidance," "intends," "may," "objectives," "plans," "possible," "potential," "projects," "should," "targets," "will" or similar terms or variations of these terms.
Factors that could cause actual results to differ materially from those contemplated in any forward- looking statements include, but are not limited to: general economic conditions, including business and competitive conditions in the company's service territories; timing, resolution and impact of rate cases and other regulatory decisions; the company's ability to continue to successfully integrate the operations of its subsidiaries; availability of the company's generating facilities and/or distribution systems; unanticipated changes in fuel and purchased power costs; key personnel changes; varying, adverse or unusually severe weather conditions; continued industry restructuring and consolidation; continued advances in, and adoption of, new technologies that produce power or reduce power consumption; energy and environmental conservation efforts; the company's ability to successfully acquire and/or dispose of assets and projects and to execute on its capital plan; cyber-security threats and data security breaches; construction risks; equity and bond market fluctuations; changes in the company's and its subsidiaries' ability to access the capital markets; changes in tax legislation or our ability to use certain tax benefits and carryforwards; federal, state, and local legislative and regulatory changes, including changes to environmental standards, the enforcement of these laws and regulations and changes in the interpretation of regulations by regulatory agencies; supply chain disruptions; inflation; political or geopolitical developments, including impacts on the global economy, supply chain and fuel prices, generally, from the current conflict between Russia and Ukraine; the impact from any new developments relating to the COVID-19 pandemic or any future health pandemics; current and future litigation and regulatory investigations, proceedings or inquiries; changes in accounting standards; the financial performance of American Transmission Company as well as projects in which the company's energy infrastructure business invests; the ability of the company to obtain additional generating capacity at competitive prices; goodwill and its possible impairment; and other factors described under the heading "Factors Affecting Results, Liquidity and Capital Resources" in Management's Discussion and Analysis of Financial Condition and Results of Operations and under the headings "Cautionary Statement Regarding Forward-Looking Information" and "Risk Factors" contained in the company's Form 10-K for the year ended December 31, 2021, and in subsequent reports filed with the Securities and Exchange Commission. Except as may be required by law, the company expressly disclaims any obligation to publicly update or revise any forward-looking information.
Tables follow
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SOURCE WEC Energy Group | https://www.cleveland19.com/prnewswire/2022/08/02/wec-energy-group-reports-second-quarter-results/ | 2022-08-02T12:07:15Z | https://www.cleveland19.com/prnewswire/2022/08/02/wec-energy-group-reports-second-quarter-results/ | false |
– Second Quarter 2022 Financial Results Conference Call on
Tuesday, August 9, 2022, at 8:30 a.m. ET –
VANCOUVER, BC, Aug. 2, 2022 /PRNewswire/ - Village Farms International, Inc. ("Village Farms" or the "Company") (NASDAQ: VFF) today announced it will host a conference call to discuss its second quarter financial results on Tuesday, August 9, 2022, at 8:30 a.m. ET. Participants can access the conference call by telephone by dialing (416) 764-8659 or (888) 664-6392, or via the Internet at: https://app.webinar.net/Q8rLNPLNepq.
The live question and answer session will be limited to analysts; however, others are invited to submit their questions ahead of the conference call via email at investorrelations@villagefarms.com. Management will address questions received via email as part of the conference call question and answer session as time permits.
The Company expects to report its second quarter 2022 financial results via news release on Tuesday, August 9, 2022, at 7:00 a.m. ET.
For those unable to participate in the conference call at the scheduled time, it will be archived for replay both by telephone and via the Internet beginning approximately one hour following completion of the call. To access the archived conference call by telephone, dial (416) 764-8677 or (888) 390-0541 and enter the passcode 784970 followed by the pound (#) key. The telephone replay will be available until Tuesday, August 16, 2022 at midnight (ET). The conference call will also be available on Village Farms' web site at http://villagefarms.com/investor-relations/investor-calls.
Village Farms leverages decades of experience as a large-scale, Controlled Environment Agriculture-based, vertically integrated supplier for high-value, high-growth plant-based Consumer Packaged Goods opportunities, with a strong foundation as a leading fresh produce supplier to grocery and large-format retailers throughout the US and Canada, and new high-growth opportunities in the cannabis and CBD categories in North America and selected markets internationally.
In Canada, the Company's wholly-owned Canadian subsidiary, Pure Sunfarms, is one of the single largest cannabis operations in the world, the lowest-cost greenhouse producer and one of Canada's best-selling brands. The Company also owns 70% of Québec-based, Rose LifeScience, a leading third-party cannabis products commercialization expert in the Province of Québec,
In the US, wholly-owned Balanced Health Botanicals is one of the leading CBD brands and e-commerce platforms in the country. Subject to compliance with all applicable US federal and state laws and stock exchange rules, Village Farms plans to enter the US high-THC cannabis market via multiple strategies, leveraging one of the largest greenhouse operations in the country (more than 5.5 million square feet in West Texas), as well as the operational and product expertise gained through Pure Sunfarms' cannabis success in Canada.
Internationally, Village Farms is targeting selected, nascent, legal cannabis and CBD opportunities with significant medium- and long-term potential, with an initial focus on the Asia-Pacific region and Europe.
This press release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995, Section 27A of the U.S. Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), and is subject to the safe harbor created by those sections. This press release also contains "forward-looking information" within the meaning of applicable Canadian securities laws. We refer to such forward-looking statements and forward-looking information collectively as "forward-looking statements". Forward-looking statements may relate to the Company's future outlook or financial position and anticipated events or results and may include statements regarding the financial position, business strategy, budgets, expansion plans, litigation, projected production, projected costs, capital expenditures, financial results, taxes, plans and objectives of or involving the Company. Particularly, statements regarding future results, performance, achievements, prospects or opportunities for the Company, the greenhouse vegetable or produce industry or the cannabis industry are forward-looking statements. In some cases, forward-looking information can be identified by such terms as "can", "outlook", "may", "might", "will", "could", "should", "would", "occur", "expect", "plan", "anticipate", "believe", "intend", "try", "estimate", "predict", "potential", "continue", "likely", "schedule", "objectives", or the negative or grammatical variation thereof or other similar expressions concerning matters that are not historical facts. The forward-looking statements in this press release are subject to risks that may include, but are not limited to: our limited operating history in the cannabis and cannabinoids industry, including that of Pure Sunfarms, Inc. ("Pure Sunfarms"), Rose LifeScience Inc. ("Rose" or "Rose LifeScience"), Balanced Health Botanicals, LLC ("Balanced Health") and our operations of growing hemp in the United States; the legal status of the cannabis business of Pure Sunfarms and Rose and the hemp business of Balanced Health; risks relating to the integration of Balanced Health and Rose into our consolidated business; risks relating to obtaining additional financing, including our dependence upon credit facilities; potential difficulties in achieving and/or maintaining profitability; variability of product pricing; risks inherent in the cannabis, hemp, CBD, cannabinoids, and agricultural businesses; market position; ability to leverage current business relationships for future business involving hemp and cannabinoids; the ability of Pure Sunfarms and Rose to cultivate and distribute cannabis in Canada; existing and new governmental regulations, including risks related to regulatory compliance and regarding obtaining and maintaining licenses; legal and operational risks relating to expected conversion of our greenhouses to cannabis production in Canada and in the United States; risks related to rules and regulations at the US federal (Food and Drug Administration and United States Department of Agriculture), state and municipal rules and regulations with respect to produce and hemp, cannabidiol-based products commercialization; retail consolidation, technological advances and other forms of competition; transportation disruptions; product liability and other potential litigation; retention of key executives; labor issues; uninsured and underinsured losses; vulnerability to rising energy costs; inflationary effects on costs of cultivation and transportation; recessionary effects on demand of our products; environmental, health and safety risks, foreign exchange exposure, risks associated with cross-border trade; difficulties in managing our growth; restrictive covenants under our credit facilities; natural catastrophes; the ongoing and developing COVID-19 pandemic; and tax risks.
The Company has based these forward-looking statements on factors and assumptions about future events and financial trends that it believes may affect its financial condition, results of operations, business strategy and financial needs. Although the forward-looking statements contained in this press release are based upon assumptions that management believes are reasonable based on information currently available to management, there can be no assurance that actual results will be consistent with these forward-looking statements. Forward-looking statements necessarily involve known and unknown risks and uncertainties, many of which are beyond the Company's control, which may cause the Company's or the industry's actual results, performance, achievements, prospects and opportunities in future periods to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, among other things, the factors contained in the Company's filings with securities regulators, including this press release. In particular, we caution you that our forward-looking statements are subject to the ongoing and developing circumstances related to the COVID-19 pandemic, which may have a material adverse effect on our business, operations and future financial results.
When relying on forward-looking statements to make decisions, the Company cautions readers not to place undue reliance on these statements, as forward-looking statements involve significant risks and uncertainties and should not be read as guarantees of future results, performance, achievements, prospects and opportunities. The forward-looking statements made in this press release relate only to events or information as of the date on which the statements are made in this press release. Except as required by law, the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.
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SOURCE Village Farms International, Inc. | https://www.kbtx.com/prnewswire/2022/08/02/village-farms-international-report-second-quarter-2022-financial-results-tuesday-august-9-2022/ | 2022-08-02T12:07:53Z | https://www.kbtx.com/prnewswire/2022/08/02/village-farms-international-report-second-quarter-2022-financial-results-tuesday-august-9-2022/ | false |
BERLIN, Aug. 2, 2022 /PRNewswire/ -- 94% of the owners of financial assets are very worried that if something happens to them, their families won't be able to identify and access their assets. This was revealed by a recent survey conducted by the digital inheritance service DGLegacyⓇ among 10 000 of its clients who own digital and financial assets.
That risk is very real. In the state of New York alone, there is $17.5B in lost money, held in more than 46 million abandoned financial accounts – twice as many as the current residents of New York state!
In the USA overall, unclaimed assets have reached the unprecedented level of $100B. That's more than the market capitalization of Ford Motor Company and General Motors combined! The figure is increasing at the alarming rate of approximately $5B per year.
The numbers are staggering, and they span different types of financial assets, such as bank accounts, insurance policy payouts, estate proceeds, company stocks and mutual funds.
Estate planning can't protect against this as it doesn't solve the primary problem that leads to the lost money: the family members can't identify, locate or access the assets.
As one of the respondents to DGLegacy's survey put it, "It's of little value for me that my estate planning has a catch-all clause if my family doesn't have an idea what 'all' is."
In this situation, it's not surprising that estate planning proceeds are one of the primary types of abandoned assets that don't reach the family members.
In response to this global pandemic of abandoned digital and financial assets, digital inheritance services are emerging to cope with it.
They offer automatic detection of a fatal event happening to the asset owner and proactive sharing of the information about the assets with the designated beneficiaries. The people with whom the asset owner has shared the information are then aware of the assets and can identify and locate them.
This way, your money goes to your loved ones, instead of staying in financial institutions, online platforms and insurance companies.
As Ana Mineva, CEO at DGLegacy, commented, "Seeing this global pandemic of abandoned financial accounts and lost money, it's not surprising that we're seeing a massive increase in interest in using digital inheritance services to protect people's financial assets."
To find out more about how DGLegacyⓇ can help you protect your digital and financial assets, please visit www.dglegacy.com.
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DGLegacy.com
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BRUSSELS (AP) — The European Union’s top court ruled Monday that national maritime authorities cannot impound ships involved in search-and-rescue work on suspicion that they might be overloaded due to the number of migrants they plucked from the sea.
The European Court of Justice ruling came in response to an appeal by German migrant aid group Sea-Watch. Two of the German group’s ships were forced to undergo inspections in Sicily in 2020 after disembarking migrants for taking aboard more people than they were authorized to carry.
Italian harbor authorities also considered that the ships were not certified for search-and-rescue missions.
But the court said that rescued people “must not be taken into account when verifying whether the rules on safety at sea have been complied with. The number of persons on board, even if greater than that which is authorized, cannot therefore, in itself, constitute a ground for a control.”
The Luxembourg-based ECJ also said national port authorities have the right to inspect ships to assess whether rules on working conditions, health and safety, and the environment are being respected.
But it added that they do “not have the power to demand proof that those ships hold certificates other than those issued by the flag state,” which in the case of the Sea-Watch vessels was Germany.
Sea-Watch described the court decision as a victory that means that port authorities can’t arbitrarily detain ships and prevent them from doing their work.
“The ruling provides clear legal security for NGOs and is a victory for sea rescue. In the future, ships will thus continue to do what they do best: Rescue people instead of being arbitrarily stuck in port,” the organization said in a tweet.
Neither the EU nor any of its 27 nations are actively searching for people in danger in the Mediterranean Sea, where more than 1,000 people have died or are missing so far this year, many of whom tried to reach Europe from North Africa in unseaworthy smugglers’ boats.
But ships are bound by international law to respond to any distress call near them.
Most Europe-bound migrants hope to reach family or find work, but many of them are denied asylum because they fled poverty and not persecution or war.
Migration is a key issue in Italy’s early parliamentary election on Sept. 25. Right-wing League party leader Matteo Salvini has promised to take a hard line on migration if his party comes to power in a center-right alliance.
___
Follow all AP stories on global migration at https://apnews.com/hub/migration. | https://www.localsyr.com/news/international/eu-court-limits-national-checks-for-migrant-rescue-ships/ | 2022-08-02T12:10:03Z | https://www.localsyr.com/news/international/eu-court-limits-national-checks-for-migrant-rescue-ships/ | false |
AUSTIN (KXAN) — A forensic psychiatrist testified that two parents of a Sandy Hook victim live in “terror for their own physical safety” — not because of the trauma of the loss of their child, in his opinion, but because of threats from followers of conspiracy theorist Alex Jones.
Dr. Roy Lubit testified before the jury about the mental, emotional and even physical effects suffered by Neil Heslin and Scarlett Lewis, whose 6-year-old son, Jesse, was killed by a gunman in the 2012 shooting. The parents are now suing Austin-based talk show host and conspiracy theorist Alex Jones over his claims that the shooting was fake and the parents could be paid “crisis actors.”
The trial continued into its second week, despite the media company behind his site, Infowars, filing for bankruptcy late last week.
On Friday evening, Jones’ attorney Andino Reynal alerted the court to the filing by Free Speech Systems, LLC, the parent company for Jones’ media operations, but said it would not halt the ongoing trial.
The trial was postponed earlier this year after Infowars and two of Jones’ other companies, Prison Planet TV and IW Health, also filed for bankruptcy. These cases were dismissed from bankruptcy court so this trial could proceed.
Heslin and Lewis are seeking $150 million in damages to compensate for defamation and mental anguish, attorneys explained. They have also asked the jury to consider additional punitive damages.
Mark Bankston, one of the family’s attorneys, said his clients had to deal with harassment, threats and confrontation from people who believed the shooting had been a hoax.
“Jesse’s legacy had now become tied with this,” he told the jury during his opening statements.
Lubit testified that Lewis used to host dinner parties for friends but no longer feels comfortable doing so. He said she fears for her safety, which is why she has a “sophisticated” security system and sleeps with a weapon within reach. He described how she refuses to turn on the air-conditioning unit because she worries the noise will prevent her from hearing “something she may need to hear.”
As for Heslin, Lubit testified that he believes his emotions have been “drained out.”
“Neil told me that he has nightmares about [Alex] Jones,” Lubit told the jury.
He described incidents in which Heslin said he was confronted, harassed, shoved and even had a bullet shot at his home. He believes these incidents “pushed them back, shoved them back into some of the earlier pain.”
He also told the jury the parents hired a “strong security detail” for the duration of the trial because they are afraid of Jones’ followers.
“It’s on their mind all the time. What’s on their mind is not the death of their child, but the threats, the attacks,” he said.
When Jones’ defense team began their cross-examination, Reynal asked Lubit about his 2018 campaign for Congress as a Democratic candidate in Connecticut and about his thoughts on Hillary Clinton’s 2016 presidential campaign.
“The fact is you don’t like Alex Jones, right?” Reynal said.
Lubit replied, “I don’t like what he does.”
Reynal also asked Lubit how much of the parents’ anguish he believes comes from the ongoing lawsuit. Lubit told the jury he knows litigation is stressful, but he believes the parents were dealing with serious issues prior to the lawsuit being filed.
Lubit told the jury he did not directly treat Heslin and Lewis, but he consulted a psychotherapist — Michael Crouch — who did.
Crouch also took the stand, testifying that to his knowledge, the parents were healing until 2017. According to previous testimony during the trial, that is when Heslin spoke out about losing his son Jesse in an interview with Megyn Kelly and when the family began facing more targeted attacks.
Jones has also already been found liable for defamation in this case as well as in another case scheduled for trial in the Connecticut courts. Jury selection is scheduled to begin this week, according to the attorney representing the plaintiffs in that case.
Attorney Christopher Mattei said in a statement, “Mr. Jones has once again fled like a coward to bankruptcy court in a transparent attempt to delay facing the families that he has spent years hurting. These families have an endless well of patience and remain determined to hold Mr. Jones accountable in a Connecticut court.”
Jones, who continued to broadcast live throughout last week on Infowars, and his attorneys have insisted this trial is an infringement on his right to free speech.
Jones is expected to take the stand as a witness Tuesday following testimony by Heslin and Lewis.
Attorneys told the court Jones will be the last witness to take the stand before the jury begins deliberating the first portion of their charge: how much Jones owes the parents in compensatory damages.
More witness testimony is expected later in the week before the jury considers the possible amount of punitive damages owed. | https://www.wric.com/news/u-s-world/psychiatrist-testifies-sandy-hook-parents-live-in-terror-at-alex-jones-trial/ | 2022-08-02T12:10:04Z | https://www.wric.com/news/u-s-world/psychiatrist-testifies-sandy-hook-parents-live-in-terror-at-alex-jones-trial/ | true |
CAIRO (AP) — The doors of jihad opened for Ayman al-Zawahri as a young doctor in a Cairo clinic, when a visitor arrived with a tempting offer: a chance to treat Islamic fighters battling Soviet forces in Afghanistan.
With that offer in 1980, al-Zawahri embarked on a life that over three decades took him to the top of the most feared terrorist group in the world, al-Qaida, after the death of Osama bin Laden.
Already an experienced militant who had sought the overthrow of Egypt’s “infidel” regime since the age of 15, al-Zawahri took a trip to the Afghan war zone that was just a few weeks long, but it opened his eyes to new possibilities.
What he saw was “the training course preparing Muslim mujahedeen youth to launch their upcoming battle with the great power that would rule the world: America,” he wrote in a 2001 biography-cum-manifesto.
Al-Zawahri, 71, was killed over the weekend by a U.S. drone strike in Afghanistan. President Joe Biden announced the death Monday evening in an address to the nation.
The strike is likely to lead to greater disarray within the organization than did bin Laden’s death in 2011, since it is far less clear who his successor would be.
Al-Zawahri became crucial to turning the jihadi movement to target the United States as the right-hand man to bin Laden, the young Saudi millionaire he met in the Afghanistan-Pakistan region. Under their leadership, the al-Qaida terror network carried out the deadliest attack ever on American soil, the Sept. 11, 2001, suicide hijackings.
The attacks on the World Trade Center and Pentagon made bin Laden America’s Enemy No. 1. But he likely could never have carried it out without his deputy.
While bin Laden came from a privileged background in a prominent Saudi family, al-Zawahri had the experience of an underground revolutionary. Bin Laden provided al-Qaida with charisma and money, but al-Zawahri brought tactics and organizational skills needed to forge militants into a network of cells in countries around the world.
“Bin Laden always looked up to him,” said terrorism expert Bruce Hoffman of Georgetown University. Al-Zawahri “spent time in an Egyptian prison, he was tortured. He was a jihadi from the time he was a teenager.”
When the 2001 U.S. invasion of Afghanistan demolished al-Qaida’s safe haven and scattered, killed and captured its members, al-Zawahri ensured al-Qaida’s survival. He rebuilt its leadership in the Afghan-Pakistan border region and installed allies as lieutenants in key positions.
He also became the movement’s public face, putting out a constant stream of video messages while bin Laden largely hid.
With his thick beard, heavy-rimmed glasses and a prominent bruise on his forehead from prostration in prayer, he was notoriously prickly and pedantic. He picked ideological fights with critics within the jihadi camp, wagging his finger scoldingly in his videos. Even some key figures in al-Qaida’s central leadership were put off, calling him overly controlling, secretive and divisive — a contrast to bin Laden, whose soft-spoken presence many militants described in adoring, almost spiritual terms.
Yet he reshaped the organization from a centralized planner of terror attacks into the head of a franchise chain. He led the creation of a network of autonomous branches around the region, including in Iraq, Saudi Arabia, Yemen, North Africa, Somalia and Asia.
In the decade after 9/11, al-Qaida inspired or had a direct hand in attacks in all those areas as well as Europe, Pakistan and Turkey, including the 2004 train bombings in Madrid and the 2005 transit bombings in London. More recently, the al-Qaida affiliate in Yemen proved itself capable of plotting attacks on U.S. soil with an attempted 2009 bombing of an American passenger jet and an attempted package bomb the following year.
After Bin Laden was killed in a U.S. raid on his compound in Abbottabad, Pakistan, al-Qaida proclaimed al-Zawahri its paramount leader less than two months later.
The jihad against America “does not halt with the death of a commander or leader,” he said. “Chase America, which killed the leader of the mujahedeen and threw his body into the sea.”
The 2011 Arab Spring uprisings around the Mideast threatened a major blow to al-Qaida, showing that jihad was not the only way to get rid of Arab autocrats. It was mainly pro-democracy liberals and leftists who led the uprising that toppled Egypt’s President Hosni Mubarak, the longtime goal al-Zawahri failed to achieve.
But al-Zawahri sought to co-opt the wave of uprisings, insisting that they would have been impossible if the 9/11 attacks had not weakened America. And he urged Islamic hard-liners to take over in the nations where leaders had fallen.
Al-Zawahri was born June 19, 1951, the son of an upper-middle-class family of doctors and scholars in the Cairo suburb of Maadi. His father was a pharmacology professor at Cairo University’s medical school and his grandfather, Rabia al-Zawahri, was the grand imam of Al-Azhar University, a premier center of religious study.
From an early age, al-Zawahri was enflamed by the radical writings of Sayed Qutb, the Egyptian Islamist who taught that Arab regimes were “infidel” and should be replaced by Islamic rule.
In the 1970s, as he earned his medical degree as a surgeon, he was active in militant circles. He merged his own militant cell with others to form the group Islamic Jihad and began trying to infiltrate the military — at one point even storing weapons in his private clinic.
Then came the 1981 assassination of Egyptian President Anwar Sadat by Islamic Jihad militants. The slaying was carried out by a different cell in the group — and al-Zawahri wrote that he learned of the plot only hours before the assassination. But he was arrested along with hundreds of other militants and served three years in prison.
During his imprisonment, he was reportedly tortured heavily, a factor some cite as turning him more violently radical.
After his release in 1984, al-Zawahri returned to Afghanistan and joined the Arab militants from across the Middle East fighting alongside the Afghans against the Soviets. He courted bin Laden, who became a heroic figure for his financial support of the mujahedeen.
Al-Zawahri followed bin Laden to his new base in Sudan, and from there he led a reassembled Islamic Jihad group in a violent campaign of bombings aimed at toppling Egypt’s U.S.-allied government.
In the most daring attack, Jihad and other militants tried to assassinate Egyptian President Hosni Mubarak during a 1995 visit to Ethiopia. Mubarak escaped the hail of gunfire aimed at his motorcade, and his security forces all but crushed the militant movement in Egypt in the crackdown that followed.
The Egyptian movement failed. But al-Zawahri would bring to al-Qaida the tactics that he honed in Islamic Jihad.
He promoted the use of suicide bombings, to become al-Qaida’s hallmark. He plotted a 1995 suicide car bombing of Egypt’s embassy in Islamabad that killed 16 people — presaging the more devastating 1998 al-Qaida bombings of the U.S. embassies in Kenya and Tanzania that killed more than 200, attacks al-Zawahri was indicted for in the United States.
In 1996, Sudan expelled bin Laden, who took his fighters back to Afghanistan, where they found a safe haven under the radical Taliban regime. Once more, al-Zawahri followed.
Two years later, their bond was sealed when bin Laden, al-Zawahri and other militant leaders issued the “Declaration of Jihad against Jews and Crusaders.” It announced that the United States was Islam’s top enemy and instructed Muslims that it was their religious duty to “kill the Americans and their allies.”
The message consecrated a dramatic shift that al-Zawahri underwent under bin Laden’s influence, changing from his longtime strategy of attacking the “near enemy” — U.S.-allied Arab regimes like Egypt — to target the “far enemy,” the United States itself.
Some in al-Zawahri’s Islamic Jihad broke away, opposed to the move. And some al-Qaida militants whose association with bin Laden predated al-Zawahri’s always saw him as an arrogant intruder.
“I have never taken orders from al-Zawahri,” Fazul Abdullah Mohammed, one of the network’s top figures in East Africa until his 2011 death, sneered in a memoir posted online in 2009. “We don’t take orders from anyone but our historical leadership.”
Soon after the alliance came the bombings of the U.S. embassies in Africa, followed by the 2000 suicide bombing of the USS Cole off Yemen, an attack al-Zawahri is believed to have helped organize.
When the U.S. invaded Afghanistan, al-Zawahri and bin Laden fled into Pakistan as a U.S. airstrike killed al-Zawahri’s wife and at least two of their six children in the southern Afghan city of Kandahar.
The CIA came tantalizingly close to possibly capturing al-Zawahri in 2003 and killing him in 2004. The CIA thought it finally had al-Zawahri in its sights in 2009, only to be tricked by a double agent who blew himself up, killing seven agency employees and wounding six more in Khost, Afghanistan.
In his 2001 treatise, “Knights Under the Prophet’s Banner,” al-Zawahri set the long-term strategy for the jihadi movement — to inflict “as many casualties as possible” on the Americans, while trying to establish control in a nation as a base “to launch the battle to restore the holy caliphate” of Islamic rule across the Muslim world.
Al-Qaida did make inroads in Europe. The bombers in the Madrid attacks that killed 191 were said to have been inspired by al-Qaida, although direct links remain uncertain. Al-Zawahri claimed al-Qaida responsibility for the 2005 London transit bombings that killed 52, saying some perpetrators trained in al-Qaida camps.
Not all terror campaigns were successful. Al-Qaida’s branch in Saudi Arabia was crushed by 2006. Al-Zawahri himself had to write to the head of al-Qaida’s branch in Iraq, Abu Musab al-Zarqawi, to rein in his brutal attacks on Iraqi Shiites, which were hurting the network’s image among Muslims.
That underlined al-Zawahri’s ultimate failure. With his concentration on a “Muslim vanguard” carrying out dramatic attacks, he never gained widespread popular support for al-Qaida in the Islamic world beyond a fringe of radical sympathizers.
His answer, in “Knights Under the Prophet’s Banner,” was for jihadis to continue hitting Americans, hoping to exploit anti-U.S. sentiment and draw in the public. He echoed that strategy in a June 2011 video eulogy to his slain boss.
Bin Laden “terrified America in his life,” he said, and “will continue to terrify it after his death.”
___
Former Associated Press writer Adam Goldman in Washington contributed to this story. | https://www.localsyr.com/news/politics/al-qaida-mastermind-ayman-al-zawahri-71-reportedly-killed/ | 2022-08-02T12:14:05Z | https://www.localsyr.com/news/politics/al-qaida-mastermind-ayman-al-zawahri-71-reportedly-killed/ | true |
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), (NEO: MMED), (the "Company" or "MindMed"), a clinical stage biopharmaceutical company developing novel products to treat brain health disorders, today announced that members of MindMed's management team will participate in the Canaccord Genuity 42nd Annual Growth Conference, to be held in Boston, MA, August 8-11, 2022.
Canaccord Genuity 42nd Annual Growth Conference
Format: In-person presentation and scheduled one-on-one investor meetings
Date: Wednesday, August 10, 2022
Time: 11:00 a.m. ET
Location: Boston, MA
Webcast Link: https://wsw.com/webcast/canaccord76/mnmd/2453508
A replay of the webcast will be available in the "News & Media" section of MindMed's website for 90 days following the presentation.
MindMed is a clinical stage biopharmaceutical company developing novel products to treat brain health disorders, with a particular focus on psychiatry, addiction, pain and neurology. Our mission is to be the global leader in the development and delivery of treatments that unlock new opportunities to improve patient outcomes. We are developing a pipeline of innovative drug candidates, with and without acute perceptual effects, targeting the serotonin, dopamine and acetylcholine systems.
MindMed trades on NASDAQ under the symbol MNMD and on the Canadian NEO Exchange under the symbol MMED.
For Media: media@mindmed.co
For Investors: ir@mindmed.co
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SOURCE Mind Medicine (MindMed) Inc. | https://www.kswo.com/prnewswire/2022/08/02/mindmed-participate-canaccord-genuity-42nd-annual-growth-conference/ | 2022-08-02T12:15:55Z | https://www.kswo.com/prnewswire/2022/08/02/mindmed-participate-canaccord-genuity-42nd-annual-growth-conference/ | false |
KYIV, Ukraine (AP) — The first cargo ship to leave Ukraine since Russia invaded its neighbor more than five months ago was off the coast of Bulgaria on Tuesday as it headed toward Istanbul, putting to the test an agreement signed last month between Moscow and Kyiv that aims to help alleviate a global food crisis.
The Sierra Leone-flagged Razoni, which set sail from the Ukrainian port of Odesa on Monday, is expected to reach Istanbul early Wednesday after hitting bad weather that slowed its progress, according to Rear Admiral Ozcan Altunbulak, a coordinator at the joint center established to oversee the grain shipments.
Russian, Ukrainian, Turkish and U.N. officials are to inspect the ship after it anchors in Istanbul. The inspections are part of a U.N.- and Turkish-brokered deal to shift Ukrainian grain stockpiles to foreign markets and ease the mounting world food crisis.
As part of the July 22 agreement on shipments, which include Russian grain and fertilizer, safe corridors through the mined waters outside Ukraine’s ports were established.
By early afternoon Tuesday, the Razoni was about 200 kilometers (120 miles) north of Istanbul, according to the Marine Traffic vessel tracker.
Altunbulak said “preparations and planning” are continuing for other ships expected to leave Ukraine’s ports, but he did not provide details.
The situation in the Black Sea remains tense. Some mines have reportedly become detached and are floating free, and in a sign of mistrust between the warring sides Ukrainian President Volodymyr Zelenskyy has urged international partners to keep a close eye on Moscow’s compliance with the deal.
The safe corridors are supposed to allow more ships to leave from Ukraine’s ports. At Odesa, 16 more vessels, all blocked since Russia’s invasion on Feb. 24, were waiting their turn, with others to follow, Ukrainian authorities say. But there was no immediate word on when a second ship might set sail.
Kremlin spokesman Dmitry Peskov noted that Turkish President Recep Tayyip Erdogan’s visit to Russia on Friday for talks with President Vladimir Putin will offer a “good opportunity to review the efficiency of the mechanism” for resumed grain exports.
The more than 26,000 tons of corn on board the Razoni, destined for Lebanon, will make barely a dent in what the World Bank last week called “rising food insecurity” across the world.
“Record high food prices have triggered a global crisis that will drive millions more into extreme poverty,” its latest food security update said, blaming the war in Ukraine, global supply chain problems and the COVID-19 pandemic.
Most of the roughly 20 million tons of grain stuck in Ukraine since the start of war is to feed livestock, according to David Laborde, an export on agriculture and trade at the International Food Policy Research Institute in Washington D.C..
Only 6 million tons of that trapped grain is wheat, and just half of that is for human consumption, Laborde said. He said Monday’s departure of a large shipment of corn from Ukraine to Lebanon is actually chicken feed.
“A few ships leaving Ukraine is not going to be a game changer,” he told The Associated Press.
But the voyage of the Razoni has at least raised hopes that the global food situation could improve.
Ukraine and Russia are major world suppliers of wheat, barley, corn and sunflower oil. The fertile Black Sea region has long been known as the breadbasket of Europe, and Ukraine is a major exporter of wheat to developing countries in Africa, the Middle East and Asia.
The shipping developments came against a backdrop of continued fighting, especially in southern and eastern Ukraine.
Moscow’s forces stuck to their familiar pattern of bombarding areas they don’t hold, with Ukrainian officials reporting that the Russian shelling killed at least three civilians in eastern areas overnight.
In the Donetsk region at the forefront of the Russian offensive, the bombardments targeted towns and villages, especially Bakhmut which has taken the brunt of recent shelling.
Donetsk Gov. Pavlo Kyrylenlo said that “the Russians are leveling Bakhmut with a massive barrage from the ground and from the air.”
“The shelling of Bakhmut is continuing around the clock, leaving civilians little chance to survive,” Kyrylenko said in televised remarks.
The United States said it was sending an additional $550 million worth of military aid to Kyiv. U.S. Defense Secretary Lloyd Austin said in a tweet late Monday that the package included 75,000 rounds of artillery ammunition and more ammunition for the American-built HIMARS multiple rocket launchers, which have given Ukrainian forces an advantage on the battlefield.
In other developments:
— American basketball star Brittney Griner was back in court Tuesday for her trial for cannabis possession. Prosecutors called a state narcotics expert who analyzed cannabis found in Griner’s luggage. Her defense fielded a specialist who challenged the analysis, charging that it was flawed and didn’t conform to official rules. If convicted, the Women’s National Basketball Association (WNBA) star and two-time Olympic gold medalist could face 10 years in prison. The trial adjourned until Thursday, when closing statements are scheduled.
— Deputy Ukrainian Prime Minister Iryna Vereshchuk said a train carrying evacuees from the Donetsk region arrived Tuesday in Kropyvnytskyi in central Ukraine, kicking off what the Ukrainian authorities describe as the launch of the compulsory evacuation effort. Vereshchuk has said that the authorities expect to evacuate 200,000-220,000 people from the Donetsk region before the fall.
___
Fraser reported from Ankara, Turkey. | https://www.wearegreenbay.com/international/ap-international/bad-weather-in-black-sea-slows-1st-ukrainian-grain-shipment/ | 2022-08-02T12:18:45Z | https://www.wearegreenbay.com/international/ap-international/bad-weather-in-black-sea-slows-1st-ukrainian-grain-shipment/ | true |
PHOENIX, Aug. 2, 2022 /PRNewswire/ -- B2Gnow, the Phoenix-based industry leader in supplier diversity, procurement and grant management software solutions to over 400 state, local and educational organizations, announced today the appointment of Guzin Caglayan as Chief Financial Officer.
Guzin Caglayan joins B2Gnow with over 20 years of experience in finance, most recently as CFO of high-growth SaaS businesses. Ms. Caglayan has a proven track record of driving substantial growth in content, business services and SaaS technology sectors, and will be responsible for leading the company's financial functions.
"It is a privilege to join a company that paves the way in creating innovative supplier diversity, procurement and grant management solutions that generate meaningful impact in thousands of communities. I'm looking forward to working alongside so many talented leaders and colleagues to drive the B2Gnow business forward," stated Guzin Caglayan, Chief Financial Officer, B2Gnow.
"We're thrilled to have Guzin onboard. Her financial expertise and SaaS experience will play a pivotal role in accelerating growth, expanding our suite of solutions, and ultimately empowering our clients to achieve their program goals, gain efficiencies, and create business opportunities for disadvantaged firms across the country," said Justin Talbot-Stern, Chief Executive Officer, B2Gnow.
About B2Gnow
B2Gnow is the nation's leading supplier diversity, procurement, and grant management software provider, and has been powering the creation of business opportunities and driving economic growth for over 20 years. B2Gnow's cloud-based, cost-effective and modular software platform is utilized by hundreds of government, education and private sector organizations throughout the US, and addresses all aspects of supplier diversity, procurement, and grant management, including: managing the complex compliance and regulatory requirements of supplier diversity programs, facilitating meaningful increases in spending with disadvantaged firms, increasing visibility and optimizing the procurement process, and efficiently providing data management solutions for granting and pass-through government transportation agencies. B2Gnow maintains the single largest database of disadvantaged business entities in North America, helping the federal government, more than half of state governments, and hundreds of counties, cities, airports, and Fortune 500 companies manage their supplier diversity and compliance programs through technology solutions. For more information, visit http://www.b2gnow.com
CONTACT: Jody Sobczak, Jody.Sobczak@b2gnow.com
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SOURCE B2Gnow | https://www.wibw.com/prnewswire/2022/08/02/b2gnow-names-guzin-caglayan-chief-financial-officer/ | 2022-08-02T12:23:01Z | https://www.wibw.com/prnewswire/2022/08/02/b2gnow-names-guzin-caglayan-chief-financial-officer/ | true |
PHILADELPHIA, Aug. 2, 2022 /PRNewswire/ -- PREIT (NYSE: PEI), a leading real estate investment trust focused on creating thoughtful, community-centric properties, today announced the opening of its shareholder Q&A platform for its upcoming second quarter earnings call on Tuesday, August 9, 2022 at 11:00 am EDT.
PREIT believes in the value of transparency with stakeholders. In order to expand engagement with shareholders, PREIT has partnered with Say Technologies, LLC a Robinhood Markets company, that has built an innovative communication platform to make it easier for investors to exercise their ownership rights.
Beginning today at 11 am EDT, retail and institutional shareholders will be able to submit and upvote questions to management. To submit questions ahead of the earnings call, qualified investors can submit questions by visiting this link. The Q&A platform will remain open until August 8 at 8 pm EDT.
The live webcast of the Q2 2022 earnings call will be available on PREIT's Investor Relations website at https://investors.preit.com/investors. Following the call, a replay of the call, as well as a transcript, will be available on the same website.
About PREIT
PREIT (NYSE:PEI) is a publicly traded real estate investment trust that owns and manages innovative properties developed to be thoughtful, community-centric hubs. PREIT's robust portfolio of carefully curated, ever-evolving properties generates success for its tenants and meaningful impact for the communities it serves by keenly focusing on five core areas of established and emerging opportunity: multi-family & hotel, health & tech, retail, essentials & grocery and experiential. Located primarily in densely-populated regions, PREIT is a top operator of high quality, purposeful places that serve as one-stop destinations for customers to shop, dine, play and stay. Additional information is available at www.preit.com or on Twitter, Instagram or LinkedIn.
Forward Looking Statements
This press release contains certain forward-looking statements that can be identified by the use of words such as "anticipate," "believe," "estimate," "expect," "project," "intend," "may" or similar expressions. Forward-looking statements relate to expectations, beliefs, projections, future plans, strategies, anticipated events, trends and other matters that are not historical facts. These forward-looking statements reflect our current expectations and assumptions regarding our business, the economy and other future events and conditions and are based on currently available financial, economic and competitive data and our current business plans. Actual results could vary materially depending on risks, uncertainties and changes in circumstances that may affect our operations, markets, services, prices and other factors as discussed in the Risk Factors section of our other filings with the Securities and Exchange Commission. While we believe our assumptions are reasonable, we caution you against relying on any forward-looking statements as it is very difficult to predict the impact of known factors, and it is impossible for us to anticipate all factors that could affect our actual results. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, but are not limited to, the effectiveness of our financial restructuring and any additional strategies that we may employ to address our liquidity and capital resources in the future; our ability to achieve forecasted revenue and pro forma leverage ratio and generate free cash flow to further reduce indebtedness; the COVID-19 global pandemic and the public health and governmental response, which have created periods of significant economic disruption and also have and may continue to exacerbate many of the risks listed herein; changes in the retail and real estate industries, including bankruptcies, consolidation and store closings, particularly among anchor tenants; changes in economic conditions, including unemployment rates and its effects on consumer confidence and spending, supply chain challenges, the current inflationary environment, and the corresponding effects on tenant business performance, prospects, solvency and leasing decisions; our inability to collect rent due to the bankruptcy or insolvency of tenants or otherwise; our ability to maintain and increase property occupancy, sales and rental rates; increases in operating costs that cannot be passed on to tenants, which may be exacerbated in the current inflationary environment; the effects of online shopping and other uses of technology on our retail tenants; risks related to our development and redevelopment activities, including delays, cost overruns and our inability to reach projected occupancy or rental rates; social unrest and acts of vandalism or violence at malls, including our properties, or at other similar spaces, and the potential effect on traffic and sales; our ability to sell properties that we seek to dispose of, which may be delayed by, among other things, the failure to obtain zoning, occupancy and other governmental approvals and permits or, to the extent required, approvals of other third parties; potential losses on impairment of certain long-lived assets, such as real estate, including losses that we might be required to record in connection with any disposition of assets; our substantial debt and our ability to remain in compliance with our financial covenants under our debt facilities; our ability to raise capital, including through sales of properties or interests in properties, subject to the terms of our credit agreements; and potential dilution from any capital raising transactions or other equity issuances.
Additional factors that might cause future events, achievements or results to differ materially from those expressed or implied by our forward-looking statements include those discussed herein, and in the sections entitled "Item 1A. Risk Factors" in our Annual Report on Form 10-K for the year ended December 31, 2021. We do not intend to update or revise any forward-looking statements to reflect new information, future events or otherwise.
Contact:
Heather Crowell
heather@gregoryfca.com
preit@gregoryfca.com
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SOURCE PREIT | https://www.wsaz.com/prnewswire/2022/08/02/preit-opens-qampa-platform-shareholders-ahead-second-quarter-2022-earnings-call/ | 2022-08-02T12:23:45Z | https://www.wsaz.com/prnewswire/2022/08/02/preit-opens-qampa-platform-shareholders-ahead-second-quarter-2022-earnings-call/ | false |
TALLAHASSEE, Fla., Aug. 2, 2022 /PRNewswire/ -- Trulieve Cannabis Corp. (CSE: TRUL) (OTCQX: TCNNF) ("Trulieve" or "the Company"), a leading and top-performing cannabis company in the U.S., will hold a conference call on Wednesday, August 10, 2022 at 8:30 AM Eastern Time following the release of its second quarter 2022 financial results.
Chairman, Founder, and Chief Executive Officer Kim Rivers, Chief Financial Officer Alex D'Amico, and President Steve White will participate on the call to review Trulieve's financial and operating results.
Interested parties can join the conference call by dialing in as directed below. Please dial in 15 minutes prior to the call.
A live audio webcast of the conference call will be available at:
https://app.webinar.net/eNPDleGz6oj
An archived replay of the webcast will be available at:
https://trulieve.gcs-web.com/events-presentations
Trulieve is an industry leading, vertically integrated cannabis company and multi-state operator in the U.S. operating in 11 states, with leading market positions in Arizona, Florida, and Pennsylvania. Trulieve is poised for accelerated growth and expansion, building scale in retail and distribution in new and existing markets through its hub strategy. By providing innovative, high-quality products across its brand portfolio, Trulieve delivers optimal customer experiences and increases access to cannabis, helping patients and customers to live without limits. Trulieve is listed on the CSE under the symbol TRUL and trades on the OTCQX market under the symbol TCNNF. For more information, please visit Trulieve.com.
Facebook: @Trulieve
Instagram: @Trulieve_
Twitter: @Trulieve
Christine Hersey, Executive Director of Investor Relations
+1 (424) 202-0210
Christine.Hersey@Trulieve.com
Rob Kremer, Executive Director of Corporate Communications
+1 (404) 218-3077
Robert.Kremer@Trulieve.com
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SOURCE Trulieve Cannabis Corp. | https://www.wsaz.com/prnewswire/2022/08/02/trulieve-cannabis-corp-hold-second-quarter-2022-results-conference-call-august-10-2022/ | 2022-08-02T12:26:03Z | https://www.wsaz.com/prnewswire/2022/08/02/trulieve-cannabis-corp-hold-second-quarter-2022-results-conference-call-august-10-2022/ | true |
Progress made in fight against California fire that killed 2
YREKA, Calif. (AP) — When ash began to fall and his throat was burning from the smoke, Franklin Thom decided it was time to leave the city where he grew up on the edge of the national forest in California.
He made it to a shelter with his daughter and just his medicine, some clothes and his shower shoes. Unlike some others, he was told that he had escaped California’s largest fire of the year with his home still standing.
“Keep your prayers out for us,” said Thom, 55.
At least two people have died and more than 100 homes, sheds and other buildings have burned in the McKinney Fire since it erupted last Friday and the blaze remains out of control, authorities said.
Two bodies were found inside a charred vehicle Sunday in the driveway of a home near the remote community of Klamath River, the Siskiyou County Sheriff’s Office said in a statement. Other details weren’t immediately released.
The blaze in Northern California near the state line with Oregon exploded in size to nearly 87 square miles (225 square kilometers), and is the larger of two wildfires burning in the Klamath National Forest. A separate fire northeast of Happy Camp forced evacuations and road closures as it burned out of control Tuesday. Still more fires are raging in the Western U.S., threatening thousands of homes.
In northwestern Montana, a fire that started Friday afternoon near the town of Elmo on the Flathead Indian Reservation measured 20 square miles (52 square kilometers), fire officials said. Some people were forced to flee their homes as gusting afternoon winds drove the fire east.
The Moose Fire in Idaho has burned more than 85 square miles (220 square kilometers) in the Salmon-Challis National Forest while threatening homes, mining operations and fisheries near the town of Salmon. It was 23% contained Tuesday, according to the National Interagency Coordination Center.
And a wildfire raging in northwestern Nebraska led to evacuations and destroyed or damaged several homes near the small city of Gering. The Carter Canyon Fire began Saturday as two separate fires that merged. It was about 10% contained Tuesday.
The California fire started small but exploded over the weekend as thunderstorm cells brought winds gusting to 50 mph (80 kph) at times.
Cloudy weather and some good rain helped firefighters Sunday night and Monday. Bulldozers managed to ring the city of Yreka (Wye-REE’-kuh) with firebreaks, while crews carving out fire lines in steep and rugged terrain also were making progress, fire officials said.
The blaze was holding about 4 miles (6.4 kilometers) from Yreka, a scenic city of around 7,500 people.
“We’ve got the weather,” said Todd Mack, an incident fire commander with the U.S. Forest Service. “We’ve got the horsepower. And we’re getting after it.”
But the weather was a mixed blessing. Weekend lightning also sparked several smaller fires near the McKinney Fire. And despite the much-needed moisture, forests and fields in the region remained bone-dry.
Yreka could see a high of nearly 90 degrees Fahrenheit (32.2 degrees Celsius) on Tuesday, and the National Weather Service issued a red flag warning of extreme fire danger into Tuesday night because of the chance of lightning starting new fires and gusty outflowing winds from thunderstorms powering the flames.
Among those waiting out the fire at the shelter Monday was Paisley Bamberg, 33. She arrived in Yreka a few months ago from West Columbia, South Carolina.
She was living in a motel with her six children, ranging in age from 15 to her 1-year-old twins, when she was told to evacuate.
“I started throwing everything on the top of my truck,” but had to leave many things behind, she said.
Bamberg said she’d just been hired at an Arby’s restaurant and wondered if it will survive the fire.
“There might not be much there when we get back,” she said. “I don’t know if I have a job. The kids were supposed to start school and I don’t know if the school is still standing.”
“I’m trying to keep up my spirits. I have six little humans that are depending on me,” she said. “I can’t break down or falter.”
About 2,500 people were under evacuation orders but Thom said he knew many people remained in Yreka.
“There’s still a lot of people in town, people who refused to leave,” he said. “A lot of people who don’t have vehicles and can’t go. It’s really sad.”
Thom has lived in Yreka all his life but this was his first time being threatened by a wildfire.
“I never thought it would ever happen,” he said. ‘I thought, ‘We’re invincible.’ ... This is making a liar out of me.”
Scientists have said climate change has made the West warmer and drier over the last three decades and will continue to make weather more extreme and wildfires more frequent and destructive.
The U.S. Forest service shut down a 110-mile (177-kilometer) section of the famed Pacific Crest Trail in Northern California and southern Oregon. Sixty hikers in that area were helped to evacuate on Saturday, according to the Jackson County Sheriff’s Office in Oregon, which aided in the effort.
___
Weber reported from Los Angeles. Associated Press reporters Amy Hanson in Helena, Montana; Margery Beck in Omaha, Nebraska; and Keith Ridler in Boise, Idaho, contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wcjb.com/2022/08/02/progress-made-fight-against-california-fire-that-killed-2/ | 2022-08-02T12:26:19Z | https://www.wcjb.com/2022/08/02/progress-made-fight-against-california-fire-that-killed-2/ | false |
Resilient Swim School Franchise Celebrates Innovation, Growth and Making a Difference
TROY, Mich., Aug. 2, 2022 /PRNewswire/ -- Goldfish Swim School Franchising, LLC, the premier learn-to-swim franchise concept, is celebrating making big waves and hitting new milestones in the first half of 2022. After receiving Franchise Innovation Awards from Franchise Update Media for "Best PR Campaign" and "Most Innovative Employee Hiring," having four franchisees recognized as Franchisees of the Year by the International Franchise Association, and being ranked #53 on Entrepreneur's Franchise 500 – number one in its category for the sixth year in a row! – the nation's state-of-the-art swim school is set up for smooth waters ahead.
With 28 new schools signed and 8 new schools opened in the first six months of the year, Goldfish Swim School's rapid expansion is fueling its mission to provide an inviting and safe place where kids overcome their fears, learn to swim, respect the water and have lots of fun while doing it.
Through its proprietary philosophy, the Science of SwimPlay®, focused on teaching swim and safety skills while building character through guided play, Goldfish Swim School's certified instructors now provide GOLDEN experiences to over 200,000 students every week!
Goldfish Swim School's recognition for innovative hiring stems from their efforts to support franchisees by differentiating Goldfish Swim School as an employer. As a data-driven organization, they conducted immense research with the support of MarTec to identify and understand the ideal team member persona. While other businesses were furiously throwing out higher hourly rates and perks, they enlisted feedback showing this generation of current team members cared more about making an impact, and focused on their work environment and the effect the work can have in the community and in careers.
Just ahead of summer, the franchise launched its second annual National Water Safety Month 'Safer Swimmer Pledge' campaign to help families prioritize water safety and drowning prevention. The award-winning campaign, in which Goldfish Swim School donated $1 for each virtual pledge to the USA Swimming Foundation, the philanthropic arm of USA Swimming, reached over 450 million people and was recognized at this year's Franchise Customer Experience Conference. Due to its expansive reach and success, Goldfish Swim School's total donation now exceeds more than $250,000 for the USA Swimming Foundation. These funds champion Goldfish Swim School's goal of providing the opportunity for every child across the country to learn to swim.
As the brand continues its expansion, founders Jenny and Chris McCuiston are also celebrating a more personal, "full-circle" moment. Since opening the first Goldfish Swim School in Birmingham, MI in 2006, they've grown the franchise to over 133 locations in the U.S. and Canada. Later this year, they will open their second franchise location in West Bloomfield, Michigan - this time alongside Andrew McCuiston, President of Goldfish Swim School Franchising. The trio plan to build upon their unique experience as both franchisor and franchisee – a perspective giving them unique visibility into both sides of the business to help with making the franchise stronger.
"We are so excited to open our new Michigan school to help even more children in the metro Detroit area have access to quality swim lessons," said Jenny McCuiston, Co-Founder and Visionary of Goldfish Swim School. "After helping so many families throughout the years, navigating our way through the pandemic and coming back stronger than ever, we're proud to have built a close-knit franchise system that's become our extended family."
In addition, the brand recently promoted the entire VP Suite to C-Suite executives. This decision was fueled by Goldfish Swim School's record growth and the Extraordinary Results the brand has seen under the leadership team's direction. The change will not only play into its strategy going forward, but will open up the opportunity for additional growth and solidifies its position as true leaders in the franchise space.
Goldfish Swim School provides swim lessons and water safety instruction to infants and children ages four months to 12 years, teaching children how to be safer in and around the water. The school offers swim lessons and programs using a proprietary philosophy, The Science of SwimPlay®, to build life skills both in and out of the water using play-based learning in a fun and safe environment. Goldfish Swim School's number one focus and main priority is always the same – educating children on water safety while teaching them how to swim and respect the water.
The brand is seeking qualified, active and engaged individuals who are involved with their community, have a passion for water safety, and are hungry to dive into the world of franchising. Today, with over 120+ locations in development across 34 states and Canada, the Goldfish Swim School is on track for strategic franchise expansion.
For more information on Goldfish Swim School, please visit https://www.goldfishswimschool.com/.
About Goldfish Swim School
Founded by husband and wife team Chris and Jenny McCuiston, Goldfish Swim School provides swim lessons and water safety instruction to infants and children ages four months to 12 years. Classes are offered by specially trained instructors in a safe, child-friendly and fun environment using their research-based philosophy called The Science of SwimPlay®. Headquartered in Troy, Michigan, Goldfish Swim School was established in Birmingham, Michigan in 2006, and opened its first franchise location in 2009. Recently, the brand was recognized by Entrepreneur in its Franchise 500® ranking, Franchise Times' Fast & Serious List, and Inc. Magazine's Top 5000. Goldfish Swim School is currently in the process of expanding franchise opportunities throughout North America, with more than 133 schools open, and an additional 120+ in development in more than 30 states and Canada.
Media Contact: Greg Avdoian, Fishman Public Relations, (847) 945-1300, gavdoian@fishmanpr.com
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SOURCE Goldfish Swim School | https://www.dakotanewsnow.com/prnewswire/2022/08/02/goldfish-swim-school-makes-big-splash-first-half-2022/ | 2022-08-02T12:30:15Z | https://www.dakotanewsnow.com/prnewswire/2022/08/02/goldfish-swim-school-makes-big-splash-first-half-2022/ | false |
New guide shows a shift in ad spend from iOS to Android following App Tracking Transparency (ATT) rollout plus user privacy insights for marketers
SAN FRANCISCO, Aug. 2, 2022 /PRNewswire/ -- Mobile marketing analytics platform Adjust and leading short form video platform TikTok today released a joint guide, "iOS 14.5+: Success made simple with Adjust and TikTok" offering insights and best practices to help mobile marketers, developers, and advertisers navigate the ever-evolving world of user privacy on mobile. Because opt-in rates can range from 17% to 50% across geographies, the report also details differences by region or market, to better inform strategy or benchmark what is or isn't working from country to country.
"The rollout of iOS 14.5 raised questions around the future of user acquisition and attribution in the mobile marketing industry, yet data shows that the impacts are not as dire as many expected," said Katie Madding, Chief Product Officer of Adjust. "Advertisers can continue to thrive, while maintaining customer trust, by embracing privacy-centric mobile marketing and leaning on industry-leading solutions that benefit all aspects of the app ecosystem."
Adjust and TikTok's iOS 14.5+ guide outlines tips on getting the opt-in, conversion value measurement insights, and best practices for campaigns launched in this evolving privacy-centered era. The guide also includes a number of best practices and recommendations for running campaigns on TikTok, including optimal account set-up for iOS 14.5+, best approaches for ad groups, and optimization solutions.
Key findings include:
- A smaller than expected shift in ad spend from iOS to Android. In the leadup to the release of iOS 14.5, ad spend on iOS slowly decreased from around 41% to around 38% in April 2021. This number continued to decrease throughout 2021, reaching a trough of just over 30% between July and Oct., before rebounding to 34% by April 2022.
- Opt-in rates have increased from 2021 to 2022, implying that a growing number of users understand the benefits of opting in, and that brands and marketers are successfully providing these benefits to their consumers. Compared to early predictions, which placed opt-in rates as low as 5%, numbers are now well over 30%. Gaming has posted an average of 31% as of Q2 2022 and hyper casual games have reached 39%.
- Country opt-in breakdowns. Adjust data shows that, as of Q2 2022, Indonesia is posting the highest average opt-in rates at 50%, followed by Thailand (42%), Brazil (39%), Vietnam (39%), and India (36%). Meanwhile, Germany has the lowest opt-in rate at 17%.
"As mobile marketing continues to evolve, we're fully committed to providing a safe and protected platform for our users, while developing dedicated solutions and optimization methods to navigate the changes together with our advertisers and partners," said Melissa Yang, Head of Ecosystem Partnerships, TikTok. "We're excited to unveil the latest insights from this report and continue building a place where marketers can engage the TikTok community in a meaningful way."
For additional insights, the full iOS 14.5+ guide is available for download here.
Adjust is the mobile marketing analytics platform trusted by growth-driven marketers around the world, with solutions for measuring and optimizing campaigns and protecting user data. Adjust powers thousands of apps with built-in intelligence and automation, backed by responsive global customer support.
Adjust is a subsidiary of AppLovin (Nasdaq: APP), a leading marketing software platform providing developers with a powerful, integrated set of solutions to solve their mission-critical functions like user acquisition, monetization and measurement. Learn more about Adjust at www.adjust.com.
Media Contacts
Adjust
Joshua Grandy
pr@adjust.com
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SOURCE Adjust | https://www.wbtv.com/prnewswire/2022/08/02/adjust-tiktok-ios-145-guide-finds-user-opt-in-rates-reaching-upwards-50-select-regions/ | 2022-08-02T12:30:51Z | https://www.wbtv.com/prnewswire/2022/08/02/adjust-tiktok-ios-145-guide-finds-user-opt-in-rates-reaching-upwards-50-select-regions/ | false |
BERWYN, Pa. (AP) _ Ametek Inc. (AME) on Tuesday reported second-quarter earnings of $282.4 million.
The Berwyn, Pennsylvania-based company said it had profit of $1.22 per share. Earnings, adjusted for amortization costs, were $1.38 per share.
The results surpassed Wall Street expectations. The average estimate of seven analysts surveyed by Zacks Investment Research was for earnings of $1.29 per share.
The maker of electronic instruments and electromechanical devices posted revenue of $1.51 billion in the period, which also topped Street forecasts. Four analysts surveyed by Zacks expected $1.46 billion.
For the current quarter ending in October, Ametek expects its per-share earnings to range from $1.36 to $1.38.
The company expects full-year earnings in the range of $5.46 to $5.54 per share.
Ametek shares have dropped 17% since the beginning of the year, while the S&P's 500 index has declined 14%. The stock has declined 12% in the last 12 months.
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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 AME at https://www.zacks.com/ap/AME | https://www.seattlepi.com/business/article/Ametek-Q2-Earnings-Snapshot-17344917.php | 2022-08-02T12:31:21Z | https://www.seattlepi.com/business/article/Ametek-Q2-Earnings-Snapshot-17344917.php | false |
Ten lures work better than one when it comes to catching summertime crappie at Beaver Lake.
A glaring sunrise on a hot June morning put the heat on Mitch Glenn of Garfield and Brad Wiegmann of Nob Hill while they trolled with 10 fishing rods each rigged with a different color of crank bait.
Glenn manned the bow of his boat and trolled with four rods. Wiegmann placed another six poles in rod holders mounted on the stern.
"With multiple rods and more baits there's more chance of catching fish," Wiegmann explained. "Using all these varied colors, it tells you what color the fish want. If one color gets hot, it's easy to put more lures of that color on the lines."
Glenn trolled his four crank baits differently than his buddy in the back. A 3-ounce trolling weight was attached to each fishing line. A second length of 10-pound-test monofilament line about 3 feet long runs behind the weight. A crank bait is tied to the end of that line.
Glenn trolled slowly, about 1.5 mph, to give the crank baits a gentle wiggle that gets crappie to bite. He calls the method "pushing" crank baits because rods face mostly forward, pushing forward, as opposed to pulling crank baits in the stern with rod tips pointing behind the boat or out to the sides.
"Basically I'm just long lining," with 90 to 100 feet of line out behind the boat, he said. Line diameter, trolling speed and the type of lure determine how deep a crank bait will dive. Generally the longer the bill on the front of the lure, the deeper the crank bait will reach.
In the stern, Wiegmann attached two outside lines to planer boards, which carry the lines away from the boat to the left or right. This reduces tangled lines and lets the crank baits cover a broader area.
"Fishing this way, we're covering an area 75 feet wide from top to bottom," Glenn explained. Lures ran anywhere from nine to 18 feet deep. "If you fish much deeper than that you get more catfish than crappie."
The mid-June morning was hot and so was the catching. Wiegmann and Glenn caught the first crappie not long after their crank baits were in the water. Wiegmann had the hot hand catching most of their fish from the stern. Nearly every crappie was a keeper from 12 to 14 inches long.
Crappie must be 10 inches or longer to keep at Beaver Lake. The daily limit is 15 per angler.
The pair spent their morning trolling in an area of Point 12, where the White and War Eagle river arms meet on the upstream end of Beaver Lake. They called it a day around 11 a.m. when nature turned up the heat. The count was 15 big crappie in the livewell.
Glenn owns Pico Lures in Garfield and crank baits are a big seller in his product line. He keeps every color imaginable in his boat. Wiegmann helps Glenn with marketing and is also a fishing guide on Beaver Lake.
"We make 37 different colors of crank baits and there are 10 more in the works," Glenn said.
The spring spawn is a fine time to catch crappie with jigs or minnows. Once that's over, trolling crank baits is the way to go, Glenn said. Trolling with the swimming lures should work until the water cools this fall.
"What this does is keeps crappie fishing going all year so it's not just a two-month thing," Glenn said.
[] | https://www.arkansasonline.com/news/2022/aug/02/troll-with-the-flow/ | 2022-08-02T12:33:42Z | https://www.arkansasonline.com/news/2022/aug/02/troll-with-the-flow/ | false |
QUETTA, Pakistan — A Pakistani military helicopter carrying a senior commander and five others crashed on a mountain during a flood relief operation and all on board were killed, the military and police said on Tuesday.
The army aviation helicopter, which was helping with flood relief work in Balochistan province, lost contact with air traffic control on Monday.
“The accident occurred due to bad weather,” the military said in a statement.
The wreckage was found on a mountain in Lasbela district, senior provincial police officer Pervez Umrani told Reuters.
The commander of the south Pakistan-based 12 Corps, Lieutenant General Sarfraz Ali, was among those killed, the military said.
Southern Pakistan has been hit hard by floods after unusually heavy monsoon rains. Scores of people have been killed and hundreds of homes have been swept away. | https://www.nbcnews.com/news/world/6-killed-pakistani-military-helicopter-crash-rcna41099 | 2022-08-02T12:34:40Z | https://www.nbcnews.com/news/world/6-killed-pakistani-military-helicopter-crash-rcna41099 | false |
Sniffer dog Rana of Bandipur Tiger Reserve no more, accorded State funeral
MYSURU August 02, 2022 17:28 ISTA German Shepherd, Rana was born on December 12, 2013 and belonged to the 28th battalion to pass out of the Dog Training Centre of the Special Armed Forces in Bhopal
Sniffer dog Rana who was the scourge of anti-social elements and helped crack many poaching and hunting cases, including a few in other States, died of natural causes at Bandipur on Tuesday and was accorded a State funeral by the Forest Department.
A German Shepherd, he was born on December 12, 2013 and belonged to the 28th battalion to pass out of the Dog Training Centre of the Special Armed Forces in Bhopal, Madhya Pradesh.
He trained from October 13, 2014 to June 23, 2015 and was inducted and deployed at Bandipur in June 2015. As the first member of the dog squad, Rana had helped sniff out various crimes, including poaching and hunting.
On March 9, 2016, Rana helped provide vital clues to the forest department squad to crack a timber smuggling case in N. Begur. He followed it up by zeroing in on miscreants who had poisoned two leopards in the Omkar range of Bandipur Tiger Reserve in July the same year.
He was also instrumental in busting a sandalwood bursting racket at Srirangapatana in Mandya district. As the fame of Rana’s expertise in sniffing out various forest-related crimes spread far and wide, he came to be in demand in other parts of the State as well and would be deputed to secure a breakthrough in cracking various offences and forest crimes.
Paw patrol
Paw Patrol: Sniffer dog Rana laid to rest with State honours
Rana, with his impeccable training and inherent sense of smell, would detect the hide out of leopards and tigers evading capture or tranquilization during combing operations in conflict situation. This includes the episode where he offered assistance in tranquilization and capture of a tiger declared as a man-eater who was on the prowl in Mudumalai in the neighbouring Tamil Nadu.
Mr. Ramesh Kumar, Director, Bandipur Tiger Reserve, said Rana, in his 7 years of service with the forest department, had helped crack more than 45 forest crimes apart from helping capture and tranquilize 8 tigers.
Rana’s death was received with a sense of grief and sadness by his handler and other forest department staff though he had retired some time ago. As Rana lay draped in the National Flag, senior officials including Mr. Ramesh Kumar placed wreaths on his body and gave him a salute before cremating him. | https://www.thehindu.com/news/national/karnataka/sniffer-dog-rana-of-bandipur-tiger-reserve-no-more-accorded-state-funeral/article65715630.ece/amp/ | 2022-08-02T12:37:02Z | https://www.thehindu.com/news/national/karnataka/sniffer-dog-rana-of-bandipur-tiger-reserve-no-more-accorded-state-funeral/article65715630.ece/amp/ | true |
Increased OpsMx ISD solution revenues 300% compared to first half of 2021, announced general availability of AI-powered solution for improving software deliveries
SUNNYVALE, Calif., Aug. 2, 2022 /PRNewswire/ -- OpsMx, provider of an Intelligent Continuous Delivery Platform, today announced continuing strong momentum during 2022. During the first half of the year, the company increased OpsMx ISD revenues by 300% and total headcount by 200% compared to the same period in 2021. The company announced general availability of the AI-powered OpsMx ISD 2.0 platform for improving the velocity, accuracy and security of software deliveries. The company also expanded its management team, won a Silver Stevie award in the DevOps Solution category for OpsMx Autopilot, and participated in cdCon 2022, including delivering one of the keynote addresses.
"With today's rapidly evolving technologies and new economic challenges, companies are under more pressure than ever to accelerate their software deliveries and increase the productivity of their DevOps teams to more rapidly meet the needs of their customers, partners and employees with better quality software," said OpsMx CEO Gopal Dommety. "Our continuing momentum reflects that our solutions are providing the foundation these organizations need to overcome their software delivery challenges through open, AI-powered technology that increases the velocity, accuracy and security of their software development processes."
Growth
- OpsMx added another top ten Fortune 500 company to its customer list
- OpsMx ISD revenues grew 300% compared to the first half of 2021
- Total headcount grew 200% compared to the first half of 2021
- OpsMx expanded its management team to meet the growing demand for the company's solutions. David Greene was named Chief Revenue Officer, responsible for coordinating and streamlining the company's revenue-related processes. Terry Erisman was named Chief Marketing Officer, responsible for all OpsMx worldwide marketing activities.
Products, Services, Partnerships
- OpsMx announced general availability of OpsMx ISD 2.0, its AI-powered solution for improving the velocity, accuracy and security of software deliveries. The open, intelligent, automated CD solution provides deep end-to-end insights and control over the software delivery process through a single user interface.
Awards
- OpsMX was the Silver Stevie winner in the DevOps Solution Category for OpsMx Autopilot: Data-Driven Intelligence for Continuous Delivery.
Industry Thought Leadership
- cdCon 2022
- Webinars
A free trial of OpsMx ISD Continuous-Deliver-as-a-Service (CDaaS) is available on the OpsMx website.
OpsMx helps companies achieve their Digital Transformation goals of modernizing their software delivery processes and moving their applications to the Cloud. The OpsMx ISD Intelligent Continuous Delivery Platform leverages Spinnaker and Argo to provide deep end-to-end insights and control over the software delivery process through a single user interface. The solution dramatically increases the productivity of development, DevOps, and operations personnel by intelligently automating routine tasks to increase the velocity and accuracy of releases, enhances security and compliance for development teams and their workflows, and automates the Continuous Delivery process. The open platform features native integrations with more than 70 common CI/CD tools – such as Jenkins, ServiceNow, and AppDynamics – that slash time-to-value and ensure the platform can grow with changing needs. The open design with decentralized control allows development teams to continue using the tools they love, while DevOps, security and compliance teams gain the end-to-end visibility, control, and audit capabilities they require. OpsMx is trusted by leading enterprises worldwide, enabling them to ship better software faster. For more information, visit opsmx.com.
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WILMINGTON, N.C., Aug. 2, 2022 /PRNewswire/ -- America's leading print media franchisor, The N2 Company (N2), announced a major milestone for its newly launched digital marketing agency, Hyport Digital. As of July 2022, Hyport is a certified Google Partner.
Since its launch in 2004, N2 has expanded its portfolio of brands to include more than 800 custom print publications, ranging from high-end neighborhood newsletters to magazines for select markets' top-producing real estate agents. Despite the varying reader demographics across its print products, a throughline exists: Each N2 publication places advertisers in front of typically hard-to-reach consumers. But company leaders acknowledge the supporting role digital marketing can play in helping N2's 25,000+ print advertisers reach their ideal clients.
Hyport Digital was formed in the fall of 2021 to serve not only existing N2 clients, but also organizations that do not currently advertise in the company's print publications. Already, Hyport has partnered with hundreds of clients and generated significant increases in website traffic, lead quantity, lead quality, and overall return on investment.
"Offering a full suite of digital solutions through Hyport has enabled N2 to offer a 360-degree approach to our clients' marketing – complementing the successes they already see with our industry-leading publications," said Jeffrey Miller, N2's Head of Digital. "We have always seen our advertisers as partners, and our digital offerings are taking that relationship to the next level."
Hyport offers mobile and display advertising, search engine marketing, search engine optimization, email advertising, social media advertising, over-the-top TV advertising, website design, and live chat. Now as a Google Partner, the Hyport team is recognized as an expert in the digital advertising space, with access to the latest insights and trends, promotional offers for new clients, ad credits toward new campaigns, and advanced product training from the Google Ads team.
To learn more about The N2 Company's digital marketing services, visit hyportdigital.com.
About The N2 Company
Founded in 2004, The N2 Company helps businesses "connect with ideal clients" by partnering with affluent neighborhoods, real estate communities, new-mover audiences, and others to produce 800+ custom publications – and more opening every week. Through its Hyport Digital arm, N2 also provides digital marketing to amplify advertiser success. Visit The N2 Company online at www.n2co.com to learn about our full portfolio of brands: Stroll, Real Producers, BeLocal, Medical Professionals, and Hyport Digital.
Media Contact:
Marketing@n2co.com
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SOURCE The N2 Company | https://www.wbtv.com/prnewswire/2022/08/02/print-media-leader-expands-into-digital-marketing-earns-google-partner-certification/ | 2022-08-02T12:38:06Z | https://www.wbtv.com/prnewswire/2022/08/02/print-media-leader-expands-into-digital-marketing-earns-google-partner-certification/ | true |
The standout transfer during an active window for Stoke City so far has been acquiring Dwight Gayle from Newcastle United - and the question the recruitment team will have asked is whether he can pick up the form he has previously shown at this level.
Gayle, who turns 32 in October, has seven seasons of Premier League experience spanning Crystal Palace and Newcastle - but it is as a Championship striker - with the latter in 2016/17 and West Bromwich Albion on a season long loan in 2018/19 - that his reputation as a clinical striker largely rests.
Gayle scored 23 goals in each of those second tier seasons and his shot map clearly illustrates that he comes alive in the six-yard box. Alan Shearer has helped popularize the phrase “second six-yard box”, the area of the field between the actual six-yard box and the penalty spot, and the bulk of Gayle chances are taken in these two areas of prime real estate.
He’s a high-volume Championship shooter, 3.3 attempts per full game and his 0.19 xG per attempt shows he gets on the end of excellent scoring opportunities. He takes chances worth 0.6 expected goals per 90, which again is elite level.
But what sets Gayle aside in the Championship is an apparently sustainable clinical streak, whereby he has consistently outscored his Championship expected goals. His 46 goals have been scored from chances worth just 34 expected goals, a 35 per cent over-performance that has been spread across two different sides and 5,371 minutes of game-time.
LIVE: Stoke City transfer news and gossip
There’s more evidence that we are dealing with a genuine and rare talent when we map the location of Gayle’s on-target goal attempts. Nearly every shot or header on target presents a difficult task for the opposing keeper to keep out of the net. There’s a fondness for finding the keeper’s bottom right hand corner and the average value of each on target attempt is a whopping 0.47 xG.
Gayle’s shot placement is broadly deserving of the 46 goals he’s scored in the Championship since 2016/17 and he’s consistently turned high quality location based chances into even better goal bound efforts.
Just over 80 per cent of his Championship goal attempts were shots, of which two thirds were with his preferred right foot. Most strikers show a greater preference for their stronger foot, making Gayle difficult to contain once he has possession in the box.
His headers aren’t an afterthought, either. About a third of them are big chances with a clear sight of goal, often from close range and his finishing with his head is just as clinical as with his feet.
Gayle’s chances are predominately from open play, he took just one penalty, which he scored on the rebound. But he also chips in as a threat from corners, set pieces and as an alternative at direct free kicks, while demonstrating an ability to work with a range of chance providers.
Mohamed Diamé, Matt Ritchie, Jonjo Shelvey and Yoan Gouffran were regular creators for Gayle in Newcastle’s promotion year, with Kieran Gibbs, Harvey Barnes, Matt Phillips and Jay Rodriguez filling the creative roles at WBA, two seasons later.
They’ll be an onus on Stoke to provide sufficient ammunition for their new striker, but Gayle’s instinctive penalty box movement will also help to elevate the Potters’ creativity.
Josh Tymon already finds the area from the penalty spot to the six-yard box with regularity, Jacob Brown’s ability to pick out a teammate to feet in the penalty area was a feature of his final season at Barnsley and a revamped midfield is cause for optimism.
Gayle has been a bit part player for the last three seasons at Newcastle in the Premier League, but it has been playing opportunities that he has lacked, rather than a waning of his ability to find space in the box.
Starts have become rare to non-existent as Newcastle’s financial fortunes have sky rocketed. But when Gayle has seen game time, his poaching instincts remain intact.
He’s played 1,648 minutes of Premier League football from 2019/20 and has a cumulative expected goals total of 8.4. That’s the equivalent of 0.49 xG per 90, which is a step down from his 0.60 xG per 90 in the Championship. But it’s no more than you would expect as you move up the pyramid to the very top.
Typically, teams promoted to the top tier see their xG per 90 decline by 25 per cent. Gayle’s Championship xG per 90 has only fallen by 18 per cent, suggesting he retains much of his instinctive striking moves which get him into good scoring positions.
He could be the spark that turns leads into wins, that often proved elusive in 2021/22.
Mark Taylor is football data analyst for InfoGol. You can follow him on Twitter at @MarkTaylor0 or visit the InfoGol website at www.infogol.net. All data from https://www.infogol.net/en
Can Gayle be a regular scorer at Stoke? Have your say in the comments section
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SIZZLING SUMMER: 10 top baseball wins by Doenges Ford crew
Bartlesville Doenges Ford Indian baseball was hot this past summer.
And, we’re not just talking the temperature.
Oh, true, the Indians had to grind through an unprecedented — at least in recent memory — triple-digit-degree weather throughout June and July.
But, the U19/college-aged team also displayed a scorching brand of play that resulted in 24 victories, one of the program’s top marks in a decade.
Following is the E-E’s list of the team’s 10 most important wins.
Other aspects of the squad’s campaign is planned in coming days.
TUPATALK:Need some humor in your day? Baseball offers some funny quips
——10: June 21*: Indians 5,Diamond Dogs 1
Having played 10 games the previous 12 games, Bartlesville had every reason to be draggin’. But, they played instead like dragons to claim their 10th road win of the season and first Oklahoma College League away victory.
Highlights: Keegan Woods walloped a double and drove in a run. Karson Lee delivered a sac fly and the Indians were 4-for-4 in steals. Bradee Rigdon threw four shutout innings, with eight K’s, to get the win.
Record: 15-6-1
———
9: May 29: Indians 13,Three Rivers 6
During the past several years, the Indians have played the Three Rivers Bandits more than anyone else — and lost to them more than anybody else. But, in this meeting in the fifth round of the Bartlesville Memorial Day Weekend Tournament, the Indians strong-armed the Bandits.
Highlights:Harrison Clark ripped a homer and drove in three runs. Evan McClendon mashed two singles and Luke Fox stole three bases. Matthew Winters earned the win as the closer.
Record: 3-2
——-
8: June 4: Indians 3,Fort Smith Sportsman 0
Fort Smith has been another problematic antagonist the past many years for Bartlesville. In fact, A week before his game, the Sportsman embarrassed the Indians on Rigdon Field, 15-3. But, in the rematch at the Fort Smith Tourney the next week, the Indians turned the table.
Highlights: Nine-hole hitter Cole Hancock doubled and drove in two runs. Clark added a double and a triple. Brenden Asher snapped off the complete-game three-hit shutout.
Record: 5-3
TUPATALK:Oklahoma has been spawning site for several baseball immortals
——
7: July 1: Indians 3,Kickapoo U17 2
On paper, the Indians — riding a three-game winning streak — appeared to be the decisive favorite. But, when Kickapoo booted up some dust, the Indians proved they scrap with gritty hearts to win the tough one. The teams collided on the opening day of the Indians’ annual Glen Winget Memorial Day Tournament The Indians rallied from a 2-0 deficit in the fifth.
Highlights: Fox recorded a successful steal, or more, for the 13th game. Alan Covarrubias, Josh Weber and Barham each sparkled on mound, Barham got the win. Jace Thompson doubled home Fox for the winning run.
Record: 19-8-1
———
6: July 11*: Indians 4,Marucci Midwest 1
Just four days earlier, Marucci had administered the Indians’ worst whipping of the season, 15-0. Bartlesville boys proved when they hosted Marucci a few days later they were nobody’s patsy in OCL play.
Highlights: Woods lashed a double and single and drove in three runs. Jakob Hall, Rigdon and Barham split pitching. Rigdon was masterful — five innings, one hit, 10 strikeouts.
Record: 22-11-1
——
5: June 11: Indians 8,Hollister 7
The Indians had been in the microwave of pressure all weekend at the Branson (Mo.) Tourney, but had managed to win every game by a handful of runs. The clash with Hollister determined one of the spots in the final. The Indians proved they had the mightier want-to, and also collected their 10th season triumph. The Indians scored six runs in the final three innings.
Highlights: Daniel Barham belted two doubles and drove in two runs; Asher went 3-for-4 with two RBIs. In a rare pitching performance, Fox gave up five hits and three earned runs in five innings. Weber won in relief. Kael Siemers scored the walk-off run off a single by Asher.
Record: 10-4-1
———
4: June 22: Indians 3Three Rivers Bandits 2
Earlier this same day, Three Rivers had thumped the Indians. But, the Bartlesville boys displayed their characteristic resiliency to drop Three Rivers in the nightcap. The Indians led 3-0 and held on.
Highlights: Clark drove in a run and Young singled and scored. Hall started and gave up two hits and no runs, with seven K’s.
Record:16-8-1
——-
3: July 20: Indians 11,Diamond Prospects 1
Not so much a thing of beauty, but the Indians recorded their first win in Stan Musial World Series play.
Highlights: Barham contributed another monster effort — a triple, single and three RBIs. John Reed was hit by a pitch twice, stole a base, singled and plated a run. Matthew Winters snapped off the complete-game two hitter on just 79 pitches.
Record: 24-13-1
———
2: July 2, Indians 4,Fort Smith 3
Bartlesville could probably count on the claws of a lobster the number of times the past couple of decades they’ve beaten Fort Smith twice the same season. This game had extra significance as the second round of the Winget tourney. Also the Indians’ 20th season win
Highlights: The one-through-four-hole Indians each scored one run — McClendon, Young, Clark and Thompson. Weber won in two innings of relief; Winters earned the save. Barham singled home Clark for what would be decisive run.
Record: 20-8-1
———
1: July 3: Indians 2,Three Rivers Bandits 1
In terms of emotional and competitive ecstasy, perhaps no victory meant as much for the Indians. Not only did they clip their main rival’s wings for the second time this summer, but this triumph springboarded the Indians into the semifinals of the Winget tourney.
Highlights: Clark doubled and drove in a run; Hancock plated the other run. Kael Siemers added a sac bunt. Rigdon continued his streak of no earns runs with five shutout frames. Barham won in relief. Hancock plated Clark for winning run.
Record: 21-8-1
- Oklahoma College League (OCL) game. | https://www.examiner-enterprise.com/story/sports/local/2022/08/02/doenges-ford-indians-powered-to-24-wins-here-are-top-10/65387737007/ | 2022-08-02T12:38:41Z | https://www.examiner-enterprise.com/story/sports/local/2022/08/02/doenges-ford-indians-powered-to-24-wins-here-are-top-10/65387737007/ | false |
Adults with myotonic dystrophy type 1 (DM1) in the AOC 1001 Phase 1/2 MARINA™ clinical trial can receive continuity of care as part of MARINA-OLE™
Preliminary assessment of safety, tolerability and key biomarkers from Phase 1/2 MARINA trial on track for Q4 2022
SAN DIEGO, Aug. 2, 2022 /PRNewswire/ -- Avidity Biosciences, Inc. (Nasdaq: RNA), a biopharmaceutical company committed to delivering a new class of RNA therapeutics called Antibody Oligonucleotide Conjugates (AOCs™), today announced that it has commenced enrolling patients from the Phase 1/2 MARINA™ study into a Phase 2 open-label extension study (MARINA-OLE™) of AOC 1001 in adults with myotonic dystrophy type 1 (DM1). All patients enrolled in the randomized, placebo-controlled MARINA™ clinical trial with AOC 1001 are eligible to enroll in MARINA-OLE.
DM1 is an underrecognized, progressive and often fatal neuromuscular disease. It primarily affects skeletal and cardiac muscle with multiple organ involvement and can be highly variable with respect to severity, presentation, and age of onset. There are currently no disease-modifying treatments for people living with DM1.
"The initiation of the MARINA-OLE study marks our continued progress with AOC 1001, the first AOC in clinical development. We are pleased to provide patients in the MARINA trial with the opportunity to receive AOC 1001 on an ongoing basis," said Steve Hughes, M.D., chief medical officer. "We look forward to the preliminary assessment from the Phase 1/2 MARINA trial as well as the long-term data from the MARINA-OLE study to provide further insight into the treatment of DM1 as well as future AOC treatments for rare diseases."
AOC 1001, Avidity's lead program utilizing its AOC platform, is designed to address the root cause of DM1 by reducing levels of DMPK, the disease-related mRNA. AOC 1001 consists of a proprietary monoclonal antibody that binds to the transferrin receptor 1 (TfR1) conjugated with a small interfering RNA (siRNA). The U.S. Food and Drug Administration (FDA) and European Medicines Agency (EMA) have granted Orphan Designation for AOC 1001 and the FDA has granted AOC 1001 Fast Track Designation.
About the Phase 2 MARINA-OLE™ Study
MARINA-OLE™ is an open-label, multi-center study designed to evaluate the long-term safety and tolerability of AOC 1001 in DM1 patients who were previously enrolled in the MARINA Phase 1/2 study. This study will continue to evaluate the safety, tolerability, PK, PD, and efficacy of AOC 1001 in patients that enrolled in the randomized, placebo-controlled, Phase 1/2 MARINA clinical study. Patients who enroll in the MARINA-OLE study will receive quarterly doses of AOC 1001 regardless of whether they received active treatment or placebo in the MARINA study. The total duration of active treatment with AOC 1001 in the MARINA-OLE is approximately 24 months. Once patients have completed active treatment, there will be a 9-month safety follow-up period. Avidity may extend active treatment beyond 24 months at a future timepoint. For more information on this study click here or visit http://www.clinicaltrials.gov and search for NCT05479981.
About the Phase 1/2 MARINA™ Trial
The MARINA™ trial is a randomized, double-blind, placebo-controlled, Phase 1/2 clinical trial expected to enroll approximately 44 adults with DM1. The primary objective of this study is to evaluate the safety and tolerability of single and multiple ascending doses of AOC 1001 administered intravenously. The MARINA trial will begin to assess the activity of AOC 1001 across key biomarkers, including spliceopathy, an important biomarker for DM1, and knockdown of DMPK mRNA. Though the Phase 1/2 trial is not powered to assess functional benefit, it will explore the clinical activity of AOC 1001 including measures of mobility and muscle strength as well as patient reported outcomes and quality of life measures. Patients have the option to enroll in MARINA-OLE, an open label extension study, at the end of the post-treatment period. In the fourth quarter of 2022, Avidity plans to conduct a preliminary assessment of safety, tolerability and key biomarkers in approximately half of the study participants in the MARINA study. For more information on this study click here or visit http://www.clinicaltrials.gov and search for NCT05027269.
About AOC 1001
AOC 1001, Avidity's lead product candidate utilizing its AOC platform, is designed to address the root cause of DM1 by reducing levels of a disease-related mRNA called DMPK. AOC 1001 consists of a proprietary monoclonal antibody that binds to the transferrin receptor 1 (TfR1) conjugated with a siRNA targeting DMPK mRNA. In preclinical studies, AOC 1001 successfully delivered siRNAs to muscle cells, resulting in durable, dose-dependent reductions of DMPK RNA across a broad range of muscles including skeletal, cardiac, and smooth muscles. AOC 1001 is currently in Phase 1/2 development with the ongoing MARINA™ trial in adults with DM1. Patients in the MARINA study are eligible to enroll in the MARINA-OLE™ study. The U.S. Food and Drug Administration (FDA) and European Medicines Agency (EMA) have granted Orphan Designation for AOC 1001 and the FDA has granted AOC 1001 Fast Track Designation.
About Myotonic Dystrophy Type 1
Myotonic dystrophy type 1 (DM1) is an underrecognized, progressive and often fatal disease caused by a triplet-repeat in the DMPK gene, resulting in a toxic gain of function mRNA. The disease is highly variable with respect to severity, presentation and age of onset, however all forms of DM1 are associated with high levels of disease burden and may cause premature mortality. DM1 primarily affects skeletal and cardiac muscle, however patients can suffer from a constellation of manifestations including myotonia and muscle weakness, respiratory problems, fatigue, hypersomnia, cardiac abnormalities, severe gastrointestinal complications, and cognitive and behavioral impairment. Currently, there are no treatments for patients living with DM1.
About Avidity Biosciences
Avidity Biosciences, Inc.'s mission is to profoundly improve people's lives by delivering a new class of RNA therapeutics – Antibody Oligonucleotide Conjugates (AOCs™). Avidity's proprietary AOCs are designed to combine the specificity of monoclonal antibodies with the precision of oligonucleotide therapies to target the root cause of diseases previously untreatable with RNA therapeutics. Avidity is on track to have three programs in clinical development by the end of 2022. The company's lead product candidate, AOC 1001, is designed to treat patients with myotonic dystrophy type 1 (DM1). AOC 1001 is currently in Phase 1/2 development with the ongoing MARINA™ trial and MARINA-OLE™ in adults with DM1. The next programs in the company's advancing and expanding pipeline are AOC 1044, the lead of three programs for the treatment of DMD, and AOC 1020, designed to treat people living with FSHD. Avidity anticipates both programs will enter the clinic by the end of 2022. Avidity is also broadening the reach of AOCs beyond muscle tissues through both internal discovery efforts and key partnerships as the company continues to deliver on the RNA revolution. Avidity is headquartered in San Diego, CA. For more information about our science, pipeline and people, please visit www.aviditybiosciences.com and engage with us on LinkedIn and Twitter.
Forward-Looking Statements
Avidity cautions readers that statements contained in this press release regarding matters that are not historical facts are forward-looking statements. These statements are based on the company's current beliefs and expectations. Such forward-looking statements include, but are not limited to, statements regarding: the timing of enrolling patients or commencing MARINA-OLE™; generating and assessing MARINA™ trial data; generating key biomarker data from the MARINA trial; the potential for the MARINA study and the MARINA-OLE to inform the development path for DM1 as well as future treatments for other diseases using AOCs; the potential of AOC 1001 to safely and effectively treat patients with DM1; the tolerability of AOC 1001 in patients; and the broad potential of AOCs to treat rare and serious diseases. The inclusion of forward-looking statements should not be regarded as a representation by Avidity that any of these plans will be achieved. Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in the business, including, without limitation: Avidity is early in its development efforts; Avidity's approach to the discovery and development of product candidates based on its AOC platform is unproven, and the company does not know whether it will be able to develop any products of commercial value; potential delays in the commencement, enrollment and completion of clinical trials; disruption to its operations from the COVID-19 pandemic; the success of its preclinical studies and clinical trials for the company's product candidates; the results of preclinical studies and early clinical trials are not necessarily predictive of future results; Avidity's dependence on third parties in connection with preclinical testing and product manufacturing; unexpected adverse side effects or inadequate efficacy of its product candidates that may limit their development, regulatory approval and/or commercialization, or may result in recalls or product liability claims; and other risks described in prior press releases and in filings with the Securities and Exchange Commission (SEC). Avidity cautions readers not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.
Investor and Media Contact:
Kath Gallagher
kath.gallagher@aviditybio.com
(858) 401-7900
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Proprietary concrete mix offers the same performance as traditional mixes, with significantly less carbon-laden cement
SACRAMENTO, Calif., Aug. 2, 2022 /PRNewswire/ -- Clark Pacific, a leading provider of prefabricated systems that are transforming building design and construction, today announced CARBONSHIELD, a proprietary concrete mix with 50 percent less embodied carbon. When combined with the benefits of offsite construction and efficient design, CARBONSHIELD has a significant impact on construction's carbon footprint.
While many sustainability efforts to date have focused on lowering operational carbon, the building industry is expected to add 230 billion square meters of new construction globally between now and 2060. In doing so, embodied carbon will account for half of the overall carbon footprint of new construction, equal to that of operational carbon. Lowering embodied carbon and working toward a sustainable future requires innovation in materials and construction.
CARBONSHIELD creates an opportunity for owners and architects to significantly reduce embodied carbon and meet sustainability goals. By leveraging factory-controlled accelerated curing techniques, CARBONSHIELD offers the same performance as traditional mixes, with significantly less carbon-laden cement. While "green concrete" options are often limited to elements that can tolerate slow strength gain, such as foundation or shear walls, CARBONSHIELD reduces carbon from all of a building's structural elements.
"As a leader in sustainable building systems, we never stop exploring new ways to reduce the carbon footprint of both our business and the structures we manufacture," said Geene Alhady, president of Clark Pacific. "CARBONSHIELD represents the next generation in concrete and prefabrication that is smarter, more efficient and sustainable, and is a key aspect of our company's strategy to reach zero embodied carbon. We're excited to bring our customers a way to take advantage of prefabrication and meet sustainability goals without sacrificing strength and quality."
CARBONSHIELD is one of many sustainability efforts led by Clark Pacific. The company's two plants are nearly zero-waste and designed for zero discharge of stormwater, incorporating sustainable practices such as water recycling for reuse in manufacturing, recharge of groundwater, solid waste recycling, energy conservation and sustainable business practices. In April, Clark Pacific announced plans to transition its consumption to nearly 100% renewable energy by installing solar arrays across all of its facilities, beginning with its Woodland facility which will go live this summer. Clark Pacific's use of solar energy will offset the impact of 14,976 passenger vehicles, or the energy consumption of 8,293 single-family homes, per year and is equivalent to planting 1,138,654 tree seedlings over 10 years.
For more information on CARBONSHIELD, visit www.clarkpacific.com.
Clark Pacific is one of the nation's leading design-build manufacturers of prefabricated building systems. Driven to deliver better buildings, the company has paved the way for prefabrication in the marketplace, bridging the gap between manufacturing and construction to deliver high-quality, cost-effective buildings on budget and on time. Clark Pacific's approach provides owners and design-build teams with greater schedule and cost certainty, cleaner and safer jobsites, higher quality systems and more resilient structures than conventional construction. For more information, visit www.clarkpacific.com.
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AUSTIN, Texas, Aug. 2, 2022 /PRNewswire/ -- Long View Equity (the "Company") in partnership with Endeavor Real Estate Group announced the acquisition of a 5.6 acre commercial parcel that fronts Highway 290 W in Austin, TX. The property is in the ETJ of Dripping Springs. The commercial development, called Sawyer Ranch, will be a retail and office mixed-used development. It is anticipated there will be roughly 14,000 sf of retail and 13,000 sf of office space upon completion of the project. The development is aimed at breaking ground Q1 2023 with a Q4 2023 delivery. To-date, there has been strong interest in new retail at the project, which is currently 55% pre-leased.
Long View Equity is actively pursuing acquisition opportunities across office, industrial, and retail asset classes in major Texas markets. Daniel Campbell, Managing Director at Long View Equity, commented "With Sawyer Ranch, we have the opportunity to further invest in the Dripping Springs market which has experienced significant growth over the last 5 years that we expect to continue. Dripping Springs has very limited supply of new retail and office product and we expect to be able to put this project in production quickly in order to meet this demand and lack of supply."
Long View Equity, LLC, founded in 2010, is an Austin, Texas based investment management company that oversees investment decisions and operations of real estate investment funds and other syndicated investment vehicles. Long View Equity's core purpose is to create long-term value for its 100+ investors by making well-thought-out investment decisions, exercising diligence in management, and continually seeking out opportunities to create value. The Company pursues strategies involving the direct acquisition of core-plus and value-added investments and has a proven 10+ year track record of operating over 50 office, retail, or industrial real estate properties located primarily in metropolitan markets in Texas.
For more information about Long View Equity, please visit: www.longviewequity.com
Contact: Long View Equity
Daniel Campbell
(512) 377-9395
dcampbell@longviewequity.com
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MATTOON, Ill. (AP) _ Consolidated Communications Holdings Inc. (CNSL) on Tuesday reported a loss of $1.5 million in its second quarter.
The Mattoon, Illinois-based company said it had a loss of 10 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 1 cent per share.
The telecommunications company posted revenue of $298.4 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CNSL at https://www.zacks.com/ap/CNSL | https://www.ourmidland.com/business/article/Consolidated-Communications-Q2-Earnings-Snapshot-17344987.php | 2022-08-02T12:45:22Z | https://www.ourmidland.com/business/article/Consolidated-Communications-Q2-Earnings-Snapshot-17344987.php | true |
Zimbabwe eyes more solar water heaters as power grid struggles
By Lungelo Ndhlovu
BULAWAYO, Zimbabwe, Aug 2 (Thomson Reuters Foundation) - People in Zimbabwe are used to taking cold baths during lengthy power cuts, but Cosmas Ndlovu's new home means his family are among the fortunate few who can enjoy hot water at all hours.
When the 48-year-old built his house in the southern African nation three years ago, he had to include a rooftop solar water heater to comply with a 2019 law that banned the installation of electric heaters in buildings.
While the father-of-five said the 150-litre-capacity heater - which directly absorbs the sun's warmth to heat water - was expensive, at the equivalent of about U.S. $410, he believed that it had proved a worthwhile investment.
"Once the water is heated in the solar geyser, it takes two days before it cools down," Ndlovu told the Thomson Reuters Foundation at his home in the Pelandaba West district, a newly established suburb not yet been connected to the grid.
"Warm water never runs out. I can have a hot bath even in the middle of the night," added Ndlovu, who has installed three solar panels as well to power his lights, television, stove and refrigerator.
As Zimbabwe's grid struggles with increased electricity demand, including as new housing projects are added, the government is emphasising the need for renewable energy and for thermal solar water heaters in homes and buildings.
Zimbabwe has in the past endured severe electricity blackouts - known locally as load shedding - that last up to 18 hours as a result of drought reducing dam levels at its main hydropower plant and breakdowns of coal-fired generators.
While Zimbabwe is on a drive to boost solar power - to cut electricity import costs and combat climate change - renewable suppliers, energy experts and builders warn that the expense of putting such systems into place is a barrier to their use.
Lawrence Mashungu, a climate change expert at the ministry of environment, water and climate, said the government was not offering funds for people to install solar heaters but "was providing advice" about their cost-saving merits.
Zimbabwe's Secretary for Energy Gloria Magombo, however, said the government was considering subsidies for new housing developments that adopt solar water heaters as well as a program that would see banks provide loans to install them.
"Already, most new housing developments have adopted solar water heaters, which is very positive," she said in an interview.
The nation has a target of installing at least 250,000 solar water heaters in old and new buildings by 2030. The government said it had no data on how many were in place currently.
Under the 2019 law, new buildings that do not have solar water heaters cannot be connected to the grid, and offenders can face a fine and up to a year in prison.
CUTTING COSTS
Zimbabwe has an installed electric capacity of about 2,000 megawatts (MW), with Kariba hydropower dam producing over half of that energy, according to its president.
Coal plants and imported power from Mozambique and South Africa provide much of the rest of the country's electricity, with coal capacity growing.
But renewable power also has a role to play, with the government having vowed to cut its energy-related emissions by about a third by 2030 https://news.trust.org/item/20210830095937-ru992, mainly by boosting investment in hydropower and solar power.
It has set a target to generate at least 2,100 MW of clean energy by the end of the decade, of which 75% would come from solar, according to the country's 2019 renewable energy policy.
Import duties have been removed from solar-energy-related projects, while Magombo said the government was supporting local manufacturing of heat-absorbing rooftop water heaters and promoting their benefits.
Ultimately, the use of the technology should reduce household energy consumption by 20-40%, the official added.
The government also said last month it is implementing a net metering system, whereby people whose homes have rooftop solar panels can sell their excess energy to the national grid.
Abe Cambridge, chief executive of Sun Exchange, a South African renewable energy start-up that works in the region, said solar water heaters, like rooftop panel systems, can significantly reduce electricity costs and transform lives.
"For under-served communities with no previous access to warm water except by heating water in pots, this technology is life-changing," he said.
Hawkflight Construction, a company based in Bulawayo, said the solar water heaters were an extra expense for buyers at a time when the cost of building houses was already rising - but he emphasised the longer-term benefits of the technology.
"(There is) only a cost at the implementation stage, but thereafter it is a lifetime benefit," said Martin Moyo, the land developing and building firm's operations manager.
Pelandaba West resident and civil servant Nhlalwenhle Mqhawana said she had not been able to afford her $400 heater outright and was instead paying for it in monthly installments.
But the 39-year-old said her family had since saved about $20 a month as they no longer had to pay for gas cylinders to heat water.
In mid-July, Zimbabwe's state-owned power utility warned there would be an increase in blackouts due to high demand for electricity and import constraints.
But the power cuts are of no concern to Ndlovu's family.
"My household doesn't know what load shedding is because my entire home is connected to a powerful solar system which is running the refrigerator, television and the stove," he said.
Originally published on: ttps://news.trust.org/item/20220802110337-y4ps6
(Reporting by Lungelo Ndhlovu, Editing by Kieran Guilbert and Laurie Goering: (Please credit the Thomson Reuters Foundation, the charitable arm of Thomson Reuters. Visit http://news.trust.org/climate)) ) | https://www.dailymail.co.uk/wires/reuters/article-11072933/Zimbabwe-eyes-solar-water-heaters-power-grid-struggles.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-08-02T12:48:14Z | https://www.dailymail.co.uk/wires/reuters/article-11072933/Zimbabwe-eyes-solar-water-heaters-power-grid-struggles.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | false |
(The Hill) – Major flooding in Eastern Kentucky in recent days has led to at least 35 deaths as of Monday, as well as widespread damage to homes and businesses.
Severe weather is continuing to hit the region, but the tragedy is already raising questions about how residents nationwide can prepare for future flooding, and namely, if they should buy flood insurance.
Most homeowners insurance policies do not cover flooding.
Congress in 1968 established the National Flood Insurance Program (NFIP), a system managed by the Federal Emergency Management Agency (FEMA) that enables property owners and renters to purchase flood insurance for their communities in exchange for their communities adopting regulations that reduce potential flood damage.
Americans with homes or businesses in high-risk flood areas with government-backed mortgages are required to have flood insurance, but the program is available to more than 22,500 communities across the country that have various flood-risk levels.
FEMA suggests all residents consider buying flood insurance no matter where they live or how significant the risks may seem.
“Flooding can happen anywhere at any time,” FEMA’s flood preparation website says. “Poor drainage systems, summer storms, melting snow, neighborhood construction and broken water mains can all result in flooding.”
FEMA says more than 40 percent of filed NFIP claims between 2014 to 2018 were from regions outside of high-risk flood areas. The program has received a total of 2.5 million claims since its inception.
The program is conducted in partnership with more than 50 insurance companies to offer the same rates and coverage, and premiums are determined based on a methodology that includes the value of one’s home and the property’s flood risk.
Policies under NFIP also include standard coverage limits.
The limits include a maximum $250,000 benefit for repairing a single-family homeowner’s building or a $100,000 maximum benefit for damaged contents for renters and homeowners. Businesses’ buildings and contents are each protected at a maximum benefit of $500,000.
NFIP today protects more than 5 million policyholders’ combined $1.3 trillion in assets, according to FEMA.
In major flooding situations, presidents can issue a disaster declaration to make available aid to supplement recovery efforts. President Biden did so for areas of Kentucky on Friday and on Saturday added individual assistance.
FEMA says the aid comes in two forms: loans that require repayment or a FEMA disaster grant that includes an average $5,000 per household, which is far less than the average flood insurance claim. The agency still suggests NFIP flood insurance for the best protection.
“Disaster assistance from FEMA and the U.S. Small Business Administration is designed to kick-start recovery, but is not enough restore your home to its pre-disaster condition or to replace your treasured household items,” FEMA says.
Flood insurance policies typically have a 30-day waiting period before coverage takes effect. | https://www.wdtn.com/nexstar-media-wire/what-to-know-about-buying-flood-insurance/ | 2022-08-02T12:48:51Z | https://www.wdtn.com/nexstar-media-wire/what-to-know-about-buying-flood-insurance/ | false |
Sothuparai dam inching closer to maximum storage level
THENI
The storage level at Sothuparai reservoir near Periakulam is inching closer to the maximum level following widespread rain in the Western Ghats and other pockets during the last few days.
According to PWD officials, the water level at the dam stood at 122.34 feet (126.28 feet) at 6 a.m. on Tuesday. The inflow was 29 cusecs. The officials said that people using the riverside including Varahanadhi have been asked to stay away as a precautionary measure.
The storage level was around 72 feet till last week. The rainfall during the last few days or so had brought in good inflow and the level touched 120 feet within four days.
While the farmers are happy over the rainfall, the officials have alerted people in Periakulam, Vadugapatti, Jayamangalam, Melmangalam and Kullapuram, among other locations, to remain safe as the discharge or the surplus from the Sothuparai dam may cause floods.
The rainfall recorded in the last 24 hours were as follows: Bodinayakannur - 11.6 mm, Gudalur: 53.4, Manjalar: 19, Periakulam: 32, Thekkadi: 42.2, Periyar dam: 48.6 and Uthamapalayam recorded 14.4 mm rainfall till 6 .m. on Tuesday.
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SMITHFIELD, Va., Aug. 2, 2022 /PRNewswire/ -- Smithfield Foods, Inc. today proudly announced its donation of $30,000 in scholarship funds to support the 2022 National Conservation Foundation (NCF)-Envirothon Competition. The international competition features high school students competing in teams to demonstrate their environmental knowledge and problem-solving skills. Smithfield's donation was awarded to the top three teams during the competition's awards ceremony on Friday, July 29, 2022.
The 2022 NCF-Envirothon is North America's largest environmental education program and international competition that impacts more than 25,000 high school students annually across the U.S., Canada, and China. The national championship event, held in Oxford, Ohio this year, saw 40 teams of students compete to demonstrate their knowledge of soils and land use, aquatic ecology, forestry, wildlife, and the current environmental issue of "Waste to Resources."
Along with Smithfield's financial support to provide scholarships to competition winners, Smithfield employees across the country also donated their time and expertise to the program. During the regional, statewide, and international competitions throughout the year, Smithfield employees served as volunteer advisors to lead training sessions, facilitate program curriculum, and coordinate activities to help further students' environmental knowledge and problem-solving skills.
"For more than two decades, Smithfield has pioneered long-term solutions to decrease our environmental footprint. We are continually researching bold, impactful and innovative solutions to optimize our supply chain, reduce waste and improve our energy and water efficiency," said Stewart Leeth, chief sustainability officer for Smithfield Foods. "With sustainability as a top priority, we are proud to support the next generation of stewards through the NCF-Envirothon. The drive to create a more sustainable future shown by these students is inspiring."
Smithfield's industry-leading sustainability program is focused on seven pillars: Animal Care, Diversity, Equity and Inclusion, Environment, Food Safety and Quality, Health and Wellness, Helping Communities, and Worker Health and Safety. The company actively supports NCF and its efforts to advance environmental education, aligning with both Smithfield's environmental initiatives and its commitment to support the vitality of local communities through education.
For more information about Smithfield's sustainability program, industry-leading environmental programs, and its commitment to helping communities, visit https://www.smithfieldfoods.com/sustainability.
About NCF-Envirothon
NCF-Envirothon is a hands-on, environmental problem-solving, leadership development program that includes a competition involving high school students annually throughout the U.S., Canada, and China. Participating teams complete training and testing in five natural resource categories: soils/land use, aquatic ecology, forestry, wildlife and current environmental issues. The program combines in-class curriculum and hands-on field experience to provide an E-STEM program for students in environmental education, science, technology, engineering, and mathematics.
NCF-Envirothon works in partnership with local conservation districts, and their state associations, forestry associations, educators, school officials, and cooperating natural resources agencies to organize and conduct competitions on the local, regional, state and/or provincial level. Winning teams from each state and province advance to a final competition for the opportunity to compete for recognition, scholarships and prizes as well as understanding of natural resources issues. For more information on this exciting program visit www.envirothon.org and connect with us on Facebook, Twitter and Instagram.
About Smithfield Foods, Inc.
Headquartered in Smithfield, Va. since 1936, Smithfield Foods, Inc. is an American food company with agricultural roots and a global reach. With more than 60,000 jobs globally, we are dedicated to producing "Good food. Responsibly.®" and serve as one of the world's leading vertically integrated protein companies. We have pioneered sustainability standards for more than two decades, including our industry-leading commitments to become carbon negative in our U.S. company-owned operations and reduce GHG emissions 30 percent across our entire U.S. value chain by 2030. We believe in the power of protein to end food insecurity and have donated hundreds of millions of food servings to our communities. Smithfield boasts a portfolio of high-quality iconic brands, such as Smithfield®, Eckrich® and Nathan's Famous®, among many others. For more information, visit www.smithfieldfoods.com, and connect with us on Facebook, Twitter, LinkedIn and Instagram.
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Will Enable CIBO Partners to Leverage the Project Directly or as a Reference Design for Their Project
MINNEAPOLIS, Aug. 2, 2022 /PRNewswire/ -- CIBO, the science-based technology company that provides partners with a complete platform to manage ag carbon and nature-based climate programs, today announced the acceptance of their Project Description Document (PDD) to Verra entitled "The CIBO Initiative for Scaling Regenerative Agriculture." The PDD was submitted under Verra Carbon Standard VM0042 (Methodology for Improved Agricultural Land Management, v1.0).
Verra is the global leader in voluntary carbon market quality assurance. They have developed over 200 greenhouse gas (GHG) reduction and sequestration standards, known as methodologies. Each standard can be used to develop programs that create meaningful environmental and social value with high quality and confidence.
For the first time, a company looking to bring a registered carbon program to their growers or stakeholder groups in the U.S. now has a project infrastructure that they can leverage through credit registration or as a reference design for their own project. The CIBO Initiative for Scaling Regenerative Agriculture is the first project under VM0042 to be submitted and listed in the pipeline in the United States and the first to be listed as "Under Validation" globally. The project is a comprehensive effort to provide financial and technical support to U.S. commodity crop growers that results in their adoption of improved agricultural land management practices and, as a result, GHG reductions, GHG removals, and improved land resiliency. Named practices include cover crop adoption, reduced tillage and reduced nitrogen.
Under the new Verra Program, CIBO's proprietary software platform is combined with technical and financial support from both CIBO and enterprise partners. The resulting programs will deliver incentives, a financial safety net, and expert guidance that farmers across the Corn Belt region of the United States need to overcome barriers to widespread adoption of regenerative agriculture.
CIBO's Verra project was designed from the ground up to support enterprises throughout the food and agriculture value chain, including: CPGs; input companies; grain and commodities companies; ethanol producers; and others with agricultural commodities in their customer base or supply chain.
"We are excited to have achieved this milestone which will further accelerate the transition to regenerative agriculture," said Daniel Ryan, CEO of CIBO Technologies. "Once the project is reviewed and accepted by the team at Verra and an independent verification body, it will be made available to support our partners with development of their own carbon programs and climate commitments."
"It's encouraging to see the CIBO Initiative for Scaling Regenerative Agriculture project enter the validation phase under VM0042 Methodology for Improved Agricultural Land Management," said Toby Janson-Smith, Chief Program Development and Innovation Officer at Verra. "Once validated, the project will create a pathway for growers in the United States to generate verifiable, transparent, and robust carbon reduction and sequestration credits, and demonstrate the key role the U.S. agricultural sector can play in tackling climate change."
Founded by Flagship Pioneering in 2015, CIBO applies advanced technologies to deliver a deep understanding of agricultural systems to create a sustainable future by helping to mitigate climate change, secure the food supply and improve grower outcomes. CIBO is a 2021 Fast Company World Changing Ideas Awards finalist and was named 2021 AgTech Breakthrough "AI-based AgTech Company of the Year." Learn more at cibotechnologies.com.
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SOURCE CIBO | https://www.mysuncoast.com/prnewswire/2022/08/02/cibo-technologies-submits-first-us-based-agricultural-carbon-project-verra-under-vm0042-methodology/ | 2022-08-02T12:49:46Z | https://www.mysuncoast.com/prnewswire/2022/08/02/cibo-technologies-submits-first-us-based-agricultural-carbon-project-verra-under-vm0042-methodology/ | true |
Jabalpur hospital's fire NOC had expired; four doctors booked for culpable homicide, says M.P. Home Minister
,The preliminary probe into the Jabalpur hospital fire tragedy has revealed several shortcomings regarding safety and it was found that the fire No Objection Certificate (NOC) of the facility had expired, Madhya Pradesh Home Minister Narottam Mishra said on Tuesday.
He said police have registered a case of culpable homicide against four doctors-cum-owners of the hospital and its manager and arrested him, a day after the devastating blaze killed eight persons, including four patients.
The four doctors are on the run and police have fanned out teams to nab them, a senior police officer said.
Prima-facie, several shortcomings were found on the part of the hospital regarding fire safety. The preliminary probe has found that the fire No Objection Certificate (NOC) of the New Life Multi-speciality Hospital had expired, Mr. Mishra said.
“The FIR was registered by the Jabalpur police against four owners-cum-doctors of the hospital under sections 304 [Punishment for culpable homicide not amounting to murder] and 308 [attempt to commit culpable homicide] of the IPC [Indian Penal Code],” he told reporters in Bhopal even as he termed the incident “very unfortunate”.
The five persons booked by the police included the hospital director and proprietor Dr. Nishit Gupta, Dr. Suresh Patel, Dr. Sanjay Patel, Dr. Santosh Soni, and the hospital manager Ram Soni, Mr. Mishra said.
“Prima facie, several shortcomings were found regarding the fire safety in the hospital. The hospital’s fire NOC [No Objection Certificate] had expired. A probe committee headed by the divisional commissioner which includes joint directors of health and town and country planning, and engineers, will file a report on various issues including fire safety and health,” said Mishra.
Jabalpur city superintendent of police (CSP) Akhilesh Gaur said section 34 (act done by several persons in furtherance to common intention) of the IPC is also included in the FIR registered at Vijay Nagar police station.
“The four doctors are at large. Police have set up four teams to nab them,” he said.
Meanwhile, the condition of the five persons injured in the massive blaze is stable, a Jabalpur district official said on Tuesday. According to officials, four of the eight deceased were women.
“The condition of five injured persons is stable, including the two undergoing treatment in the government medical college here, Jabalpur Collector Ilayaraja T. told
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- Please use a genuine email ID and provide your name, to avoid rejection. | https://www.thehindu.com/news/national/other-states/jabalpur-hospitals-fire-noc-had-expired-four-doctors-booked-for-culpable-homicide-says-mp-home-minister/article65716407.ece | 2022-08-02T12:50:01Z | https://www.thehindu.com/news/national/other-states/jabalpur-hospitals-fire-noc-had-expired-four-doctors-booked-for-culpable-homicide-says-mp-home-minister/article65716407.ece | false |
MOSCOW (AP) — The Kremlin said Tuesday that it's ready for talks with the United States on nuclear arms control even as Moscow and Washington have remained locked in a tense standoff over Russia's actions in Ukraine.
Commenting on U.S. President Joe Biden’s statement that Washington is open for talks on a new arms control deal to replace the New START treaty after it expires in 2026, Kremlin spokesman Dmitry Peskov said that such negotiations are long overdue.
Just days before the New START was due to expire in February 2021, Russia and the United States agreed to extend it for another five years.
The treaty, signed in 2010 by President Barack Obama and Russian President Dmitry Medvedev, limits each country to no more than 1,550 deployed nuclear warheads and 700 deployed missiles and bombers, and envisages sweeping on-site inspections to verify compliance.
Moscow and Washington hadn't started discussions about the pact's possible replacement until the Kremlin sent troops into Ukraine on Feb. 24.
While voicing readiness to “expeditiously negotiate a new arms control framework to replace New START when it expires in 2026,” Biden emphasized in Monday's statement that “Russia’s brutal and unprovoked aggression in Ukraine has shattered peace in Europe and constitutes an attack on fundamental tenets of international order.”
“In this context, Russia should demonstrate that it is ready to resume work on nuclear arms control with the United States,” he added.
Asked about Biden's statement in a conference call with reporters, Peskov emphasized that “Moscow has repeatedly spoken about the necessity to start such talks as soon as possible as there is little time left."
“If the treaty expires without being replaced with a solid deal, it will negatively impact global security and stability, primarily in the area of arms control,” Peskov noted. “We have called for an early launch of talks, but until that moment it has been the U.S. that has shown no interest in substantive contacts on the issue.”
He emphasized that negotiatons on a new arms control pact can only be held “on the basis of mutual respect and taking into account mutual concerns.” | https://www.beaumontenterprise.com/news/article/Kremlin-says-nuclear-arms-control-talks-hinge-on-17345048.php | 2022-08-02T12:53:10Z | https://www.beaumontenterprise.com/news/article/Kremlin-says-nuclear-arms-control-talks-hinge-on-17345048.php | false |
Founder and CEO of Apptopia, the app data insights and intelligence company, with clients including Google, Zoom, Visa and NBC.
Yes, travel can be torture: the long lines, the sardine effect of shoving 500 or so people into economy class, the fact that legroom has to be purchased and, lately, the probability that your flight will be canceled. And yet, even with all of this over the past two years, who hasn’t been planning to escape?
Some call it revenge travel while others are simply heading out on postponed honeymoons, finally meeting up with family members or decompressing from the effect of staring at the four walls of a home office for far too long.
This is why, according to our research by my company, downloads of the top U.S. airlines, hotels and online travel agencies apps are up 45% year-over-year. This was particularly true for airline apps, which were up a staggering 70% in both April and May. What all this mobile volume translates to is fierce competition, and in the travel industry, traveler loyalty is the prize.
Recently, we found that the airlines with the highest cancellation rates are being used more but losing market share of new users to more reliable carriers. While other travel industry categories are not facing the same threat to customer experience as airlines, we are still seeing market share shake-ups, meaning that post-pandemic travelers have an open mind to try new services.
This could account for all the recent innovations from travel companies, including Airbnb's first redesign in a decade, which mirrors new consumer behavior from pure searching to discoverability as the app applies AI learning to surface suggestions. Airbnb brought in "splits” too, where the algorithm offers a combined package of multiple locations, which shifts stays across the current limited inventory, and encouraging people to stay longer. Their competitor VRBO has spent heavily on ads, tapping into the group vacation trend by allowing collaborative searching by multiple bookers.
There’s also an increase in cross-platform integration between travel sector players going on, including Booking.com beta-testing Snap's Dynamic Travel Ads and Marriott partnering with Yahoo. These are indications that travel promotions are becoming more experiential, and, following retail’s lead, using influencers and video to give consumers that “wish you were here” vibe.
Innovation, coupled with consumer expectations, has led to some outstanding and surprising growth. I recognized back in June that it was a big deal when mobile-first hotel/flight booking app Hopper surpassed Airbnb’s lead in market share by monthly active users, growing 494 %, but in May VRBO took the market leader position from Hopper and is still ahead of Airbnb. Ongoing investment in both back-end technology and user experience is required to stay ahead. Apps like Hopper do not just optimize their algorithms to find the lowest prices on the dates you select, they also suggest a better (i.e., cheaper) time to fly.
New Consumer Expectations
It’s my opinion that the travel industry is finally using mobile to its fullest potential, drawing on embedded GPS functionality and taking advantage of the immediacy of handheld devices, frictionless transactions and on-the-go browsing. To that end, Southwest Airlines’ new CEO, Bob Jordan, outlined mobile as a priority from day one and that the company is investing in better technology like self-service and reliable wifi.
However, everyone still demands the same flexibility we got during the pandemic. As infection numbers spike from time to time, it's become a no-brainer to expect no-penalty cancellations, purchase protection and mobile check-in to let everyone bypass human interaction at the front desk. In return, the main players are reducing support costs and making all interactions trackable by incentivizing customers to download their branded app.
For example, I needed customer support on a recent trip and got hugely frustrated. Finally, a rep let me know that I couldn’t enter the live help queue unless I was logged into their app.
The New Nomads
Of course, the biggest shift for the travel industry is that, for many of us, remote work is here to stay. The promise of always-on connectivity, cloud-based tools and mobile-first technology has enabled Gen Zand others to expect liberation from cubicle hell and hit the road. Travel isn’t just for downtime anymore.
Millennials and Gen Z are not all doing #VanLife. Some of them are even sailing the seven seas what some may consider a few decades before their time. Cruise expert Carolyn Spencer Brown told Town & Country magazine that “Younger people who can work from anywhere are in the game,” and booking trips like Oceania’s 218-day journey with overnights in places like Kyoto and Buenos Aires.
Although those who are unencumbered by mortgages and parenthood might find it easier to embrace the nomadic lifestyle, it's not just young people following this trend. As employers relax control over location and ease up on hours worked in favor of tasks accomplished and revenue booked, the travel industry looks more and more like e-commerce today.
A growing percentage of the younger employees at my company travel much of the time now. In fact, our top sales reps spent six months in Costa Rica and continued to crush it in terms of revenues. I’m pretty sure one of our leading customer success reps has moved permanently to Mexico. Allowing this kind of mobility can be a real selling point for employees.
As the CEO or business leader, I think the best decisions you make are those that don’t impact business operations negatively but have a fantastic impact on employees. Vacations, minibreaks or the ability to work from anywhere has become a no-brainer differentiator for smart companies today. With continued investment in mobile-first experiences, the travel industry can recoup some of the devastating losses of the past two years, and we can all look forward to a sunnier future.
Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify? | https://www.forbes.com/sites/forbesbusinesscouncil/2022/08/02/how-travel-apps-are-adapting-to-the-new-normal/ | 2022-08-02T12:53:19Z | https://www.forbes.com/sites/forbesbusinesscouncil/2022/08/02/how-travel-apps-are-adapting-to-the-new-normal/ | true |
MEXICO CITY, Aug. 2, 2022 /PRNewswire/ -- Clip, Mexico's leading digital payment platform, today announced that it was named to Fast Company's 2022 Best Workplaces for Innovators list. The company earned the position of number 70 on the list of 100 companies.
Each year, Fast Company's Best Workplaces for Innovators list recognizes companies from across the globe who empower employees at all levels to improve processes, create new products, or invent new ways of doing business. Winners are companies with measurable, visible results in their efforts to cultivate internal innovation that creates external impact.
"We are thrilled to be named to this year's list and honored to be recognized as a company that fosters a culture of innovation," said Victor Velazquez Patron, VP of People and Organization Development at Clip. "Clip is a company where ordinary people do extraordinary things, and this recognition from Fast Company is a testament to our rich company culture and strong company leadership."
Clip's spot on the list was determined based upon the company's measurable internal innovation; its investments to encourage and support internal innovation; efforts made to invest in human capital and bolster the innovation infrastructure in key markets; and the steps taken to foster a workplace culture where all employees feel empowered to innovate.
Submissions for the 2022 Best Workplaces for Innovators were individually evaluated by a team of Fast Company editors and reporters. Finalists were then reviewed by a panel of judges comprising editors, business leaders and other innovators, who recommended the winners for the final list.
Clip is the leading commerce and digital payment platform that is empowering businesses in Mexico to interact and transact with its consumers more effectively through innovative technologies, best-in-class customer service, and the ability to accept all payment methods digitally. The company has more than 800 employees with offices in Mexico City, Guadalajara, Salt Lake City, and Buenos Aires. For more information, visit www.clip.mx.
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SOURCE Clip | https://www.wcjb.com/prnewswire/2022/08/02/clip-named-fast-companys-2022-best-workplaces-innovators-list/ | 2022-08-02T12:54:33Z | https://www.wcjb.com/prnewswire/2022/08/02/clip-named-fast-companys-2022-best-workplaces-innovators-list/ | false |
The multi-Platinum, multi–Grammy Award-winning artist has been confirmed as the headline act of the Saturday night Yasalam After-Race Concert
Lamar joins Swedish House Mafia on the weekend entertainment bill, with two more global superstar acts still to be announced for the four-day festival
Even with the additional capacity in 2022, many Grandstand tickets and hospitality packages are already sold out and fans are urged to purchase soon or risk missing out
ABU DHABI, UAE, Aug. 2, 2022 /PRNewswire/ -- As we pass the halfway point of the 2022 Formula 1 season, excitement for the season finale builds further as Abu Dhabi Motorsports Management and Flash Entertainment today announced that Kendrick Lamar will headline the Yasalam After-Race Concert on Saturday, 19th November at the FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX 2022.
As a multi-Platinum, Grammy-award winning artist and co-founder of creative imprint pgLang, Kendrick Lamar has achieved massive critical and cultural success since his debut album good kid, m.A.A.d city released in 2012.
In the past 10 years since its release, Lamar has accumulated a staggering total of 14 Grammy wins, and became the first non-classical, non-jazz musician to win a Pulitzer Prize for his 2017 album DAMN. Lamar's latest album Mr. Morale & The Big Steppers, was released in May 2022 immediately earning rave reviews.
The announcement follows on from March's reveal that multi-Grammy nominated trio Swedish House Mafia will be entertaining fans on Friday, 18th November with their swaggering hip-hop beat-craft, and rock 'n' roll attitude, and with additional seats on sale and two more A-list, world-class superstars yet to be announced, there will be more opportunities to 'Go Unreal' in 2022.
Access to the concerts is exclusively for Abu Dhabi Grand Prix ticket holders. Grand Prix ticket purchasers will also be able to secure Golden Circle tickets to get the best possible access closest to the stage at the Etihad Park.
Race-goers looking for a premium weekend package are reminded that the circuit offers a range of hospitality tickets including 3-day passes to established favourites such as the Luna Lounge, Shams Suite, and Sunset Lounge, as well as the all-new Deck @ 9. Designed specifically for 2022, this new and ultra-cool 3-day VIP experience pairs a lively party atmosphere with five-star food and beverage. The Deck @ 9 luxury suite overlooks the recently modified Turn 9 (Marsa corner), and guests can enjoy all the racing action to a soundtrack from top DJs and live musical entertainment.
New for this year, ticketholders will be able to select their seat in the grandstand using a virtual and interactive viewer, giving guests an idea of what they will see from their seat while purchasing a ticket online. Ticket purchasers can also upgrade their concert experience with Golden Circle access to the Etihad Park, getting access closest to the stage.
Those guests wishing to upgrade to a premium experience can choose from a range of hospitality packages, providing an opportunity to enjoy the region's leading sports and entertainment event in the finest of settings, with top-quality food and beverage and live DJs. Hospitality package options for this year's event include the new Sunset Lounge, Luna Lounge, Yas Suites, Marsa Suite, Champions Club and the F1 Paddock Club, where guests can purchase a three-day ticket and enjoy the ultimate Abu Dhabi Grand Prix experience.
With more exciting announcements to follow, purchase a ticket now to ensure you don't miss out on one of the year's biggest and best events. To buy, please visit: www.yasmarinacircuit.com
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WASHINGTON — President Joe Biden announced Monday that al-Qaida leader Ayman al-Zawahri was killed in a U.S. drone strike in Kabul, an operation he said delivered justice and hopefully “one more measure of closure” to families of the victims of the Sept. 11, 2001, attacks on the United States.
The president said in an evening address from the White House that U.S. intelligence officials tracked al-Zawahri to a home in downtown Kabul where he was hiding out with his family. The president approved the operation last week and it was carried out Sunday.
Al-Zawahri and the better-known Osama bin Laden plotted the 9/11 attacks that brought many ordinary Americans their first knowledge of al-Qaida. Bin Laden was killed in Pakistan on May 2, 2011, in operation carried out by U.S. Navy SEALs after a nearly decade-long hunt.
As for Al-Zawahri, Biden said, “He will never again, never again, allow Afghanistan to become a terrorist safe haven because he is gone and we’re going to make sure that nothing else happens.”
“This terrorist leader is no more,” he added.
The operation is a significant counterterrorism win for the Biden administration just 11 months after American troops left the country after a two-decade war.
The strike was carried out by the CIA, according to five people familiar with the matter who spoke on the condition of anonymity. Neither Biden nor the White House detailed the CIA’s involvement in the strike.
Biden, however, paid tribute to the U.S. intelligence community in his remarks, noting that “thanks to their extraordinary persistence and skill” the operation was a success.
Al-Zawahri’s death eliminates the figure who more than anyone shaped al-Qaida, first as bin Laden’s deputy since 1998, then as his successor. Together, he and bin Laden turned the jihadi movement’s guns to target the United States, carrying out the deadliest attack ever on American soil — the Sept. 11 suicide hijackings.
The house Al-Zawahri was in when he was killed was owned by a top aide to senior Taliban leader Sirajuddin Haqqani, according to a senior intelligence official. The official also added that a CIA ground team and aerial reconnaissance conducted after the drone strike confirmed al-Zawahri’s death.
On Tuesday morning, White House national security adviser Jake Sullivan told ABC’s “Good Morning America” that “there was nobody on the ground in uniform when this strike occurred.” Sullivan added that the U.S. government is “in direct communication with the Taliban on this, and I’m not going to telegraph our next moves, but the Taliban well understand the United States is going to defend its interests.”
Over the 20-year war in Afghanistan, the U.S. targeted and splintered al-Qaida, sending leaders into hiding. But America’s exit from Afghanistan last September gave the extremist group the opportunity to rebuild.
U.S. military officials, including Gen. Mark Milley, chairman of the Joint Chiefs of Staff, have said al-Qaida was trying to reconstitute in Afghanistan, where it faced limited threats from the now-ruling Taliban. Military leaders have warned that the group still aspired to attack the U.S.
After his killing, the White House underscored that al-Zawahri had continued to be a dangerous figure. The senior administration official said al-Zawahri had continued to “provide strategic direction,” including urging attacks on the U.S., while in hiding. He had also prioritized to members of the terror network that the United States remained al-Qaida’s “primary enemy,” the official said.
The 2001 attacks on the World Trade Center and Pentagon made bin Laden America’s Enemy No. 1. But he likely could never have carried it out without his deputy. Bin Laden provided al-Qaida with charisma and money, but al-Zawahri brought tactics and organizational skills needed to forge militants into a network of cells in countries around the world.
U.S. intelligence officials have been aware for years of a network helping al-Zawahri dodge U.S. intelligence officials hunting for him, but didn’t have a bead on his possible location until recent months.
Earlier this year, U.S. officials learned that the terror leader’s wife, daughter and her children had relocated to a safe house in Kabul, according to the senior administration official who briefed reporters.
Officials eventually learned al-Zawahri was also at the Kabul safe house.
In early April, White House deputy national security adviser Jon Finer and Biden’s homeland security adviser Elizabeth Sherwood-Randall were briefed on this developing intelligence. Soon the intelligence was carried up to national security adviser Jake Sullivan.
Sullivan brought the information to Biden as U.S. intelligence officials built “a pattern of life through multiple independent sources of information to inform the operation,” the official said.
Senior Taliban figures were aware of al-Zawahri’s presence in Kabul, according to the official, who added the Taliban government was given no forewarning of the operation.
Inside the Biden administration, only a small group of officials at key agencies, as well as Vice President Kamala Harris, were brought into the process. Through May and June, Biden was updated several times on the growing mound of intelligence that confirmed al-Zawahri was hiding out in the home. Over the last few weeks, Biden brought together several Cabinet officials and key national security officials to scrutinize the intelligence findings.
On July 1, Biden was briefed in the Situation Room about the planned operation, a briefing in which the president closely examined a scale model of the home Zawahri was hiding out in. He gave his final approval for the operation on Thursday. Al-Zawahri was on the balcony of his hideout on Sunday when two Hellfire missiles were launched from an unmanned drone, killing him.
Al-Zawahri’s family was in another part of the house when the operation was carried out, and no one else was believed to have been killed in the operation, the official said.
“We make it clear again tonight: That no matter how long it takes, no matter where you hide, if you are a threat to our people, the United States will find you and take you out,” Biden said.
Al-Zawahri was hardly a household name like bin Laden, but he played an enormous role in the terror group’s operations.
The two terror leaders’ bond was forged in the late 1980s, when al-Zawahri reportedly treated the Saudi millionaire bin Laden in the caves of Afghanistan as Soviet bombardment shook the mountains around them.
Al-Zawahri, on the FBI’s Most Wanted Terrorist list, had a $25 million bounty on his head for any information that could be used to kill or capture him.
Al-Zawhiri and bin Laden plotted the 9/11 attacks that brought many ordinary Americans their first knowledge of al-Qaida.
Photos from the time often showed the glasses-wearing, mild-looking Egyptian doctor sitting by the side of bin Laden. Al-Zawahiri had merged his group of Egyptian militants with bin Laden’s al-Qaida in the 1990s.
“The strong contingent of Egyptians applied organizational know-how, financial expertise, and military experience to wage a violent jihad against leaders whom the fighters considered to be un-Islamic and their patrons, especially the United States,” Steven A. Cook wrote for the Council on Foreign Relations last year.
When the 2001 U.S. invasion of Afghanistan demolished al-Qaida’s safe haven and scattered, killed and captured its members, al-Zawahri ensured al-Qaida’s survival. He rebuilt its leadership in the Afghan-Pakistan border region and installed allies as lieutenants in key positions.
He also reshaped the organization from a centralized planner of terror attacks into the head of a franchise chain. He led the assembling of a network of autonomous branches around the region, including in Iraq, Saudi Arabia, North Africa, Somalia, Yemen and Asia. Over the next decade, al-Qaida inspired or had a direct hand in attacks in all those areas as well as Europe, Pakistan and Turkey, including the 2004 train bombings in Madrid and the 2005 transit bombings in London.
More recently, the al-Qaida affiliate in Yemen proved itself capable of plotting attacks against U.S. soil with an attempted 2009 bombing of an American passenger jet and an attempted package bomb the following year.
But even before bin Laden’s death, al-Zawahri was struggling to maintain al-Qaida’s relevance in a changing Middle East.
He tried with little success to coopt the wave of uprisings that spread across the Arab world starting in 2011, urging Islamic hard-liners to take over in the nations where leaders had fallen. But while Islamists gained prominence in many places, they have stark ideological differences with al-Qaida and reject its agenda and leadership.
Nevertheless, al-Zawahri tried to pose as the Arab Spring’s leader. America “is facing an Islamic nation that is in revolt, having risen from its lethargy to a renaissance of jihad,” he said in a video eulogy to bin Laden, wearing a white robe and turban with an assault rifle leaning on a wall behind him.
Al-Zawahri was also a more divisive figure than his predecessor. Many militants described the soft-spoken bin Laden in adoring and almost spiritual terms.
In contrast, al-Zawahri was notoriously prickly and pedantic. He picked ideological fights with critics within the jihadi camp, wagging his finger scoldingly in his videos. Even some key figures in al-Qaida’s central leadership were put off, calling him overly controlling, secretive and divisive.
Some militants whose association with bin Laden predated al-Zawahri’s always saw him as an arrogant intruder.
“I have never taken orders from al-Zawahri,” Fazul Abdullah Mohammed, one of the network’s top figures in East Africa until his 2011 death, sneered in a memoir posted on line in 2009. “We don’t take orders from anyone but our historical leadership.”
There had been rumors of al-Zawahri’s death on and off for several years. But a video surfaced in April of the al-Qaida leader praising a Indian Muslim woman who had defied a ban on wearing a hijab, or headscarf. That footage was the first proof in months that he was still alive.
A statement from Afghanistan’s Taliban government confirmed the airstrike, but did not mention al-Zawahri or any other casualties.
It said the Taliban “strongly condemns this attack and calls it a clear violation of international principles and the Doha Agreement,” the 2020 U.S. pact with the Taliban that led to the withdrawal of American forces.
“Such actions are a repetition of the failed experiences of the past 20 years and are against the interests of the United States of America, Afghanistan, and the region,” the statement said.
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Associated Press writers Lolita C. Baldor, Ellen Knickmeyer, Zeke Miller, James LaPorta, Michael Balsamo and Darlene Superville in Washington; Rahim Faiez in Islamabad; and Lee Keath in Cairo contributed reporting. | https://www.twincities.com/2022/08/02/biden-killing-of-al-qaida-leader-is-long-sought-justice/ | 2022-08-02T12:54:43Z | https://www.twincities.com/2022/08/02/biden-killing-of-al-qaida-leader-is-long-sought-justice/ | false |
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Envisagenics, Inc., a New York-based biotechnology company leveraging artificial intelligence (AI) and RNA-splicing analytics for discovery and development of disease specific therapeutics, announced today that it was awarded a Small Business Innovation Research (SBIR) Direct to Phase II grant from the National Cancer Institute (NCI), part of the National Institutes of Health (NIH). This grant will provide $2 million over 2 years to commercialize Envisagenics' proprietary drug discovery platform, SpliceIOTM, for the discovery of novel targets for immuno-oncology (IO) therapeutic development. SpliceIO is one of the latest AI drug discovery platforms developed by Envisagenics, which complements the SpliceCore® platform for the discovery of splicing drug targets using RNA-seq data.
"What the SpliceCore platform does for antisense drugs, SpliceIO is doing for IO drugs. SpliceIO discovers splicing-derived neoantigens for immunotherapies using RNA-seq data as a sole input," said Martin Akerman, Ph.D., Chief Technology Officer and Co-founder of Envisagenics. "This funding will help scale Envisagenics' target pipeline by enabling validation of IO targets at the protein level, a critical step for advancing candidate targets to the next stage of development."
Envisagenics will apply its platform to identify splicing-derived neoantigens in BRCA1/2 carriers at-risk for developing breast cancer and develop a high-throughput approach to validate its findings using proteomic data. Within the scope of this grant, Envisagenics will collaborate with researchers at Northwestern University Feinberg School of Medicine: Dr. Seema Khan (Co-Leader of the Cancer Prevention Program of the Lurie Comprehensive Cancer Center and Bluhm Family Professor of Cancer Research) and Dr. Susan Clare (Research Associate Professor of Surgery). "We are excited to collaborate with Envisagenics to apply its innovative technology leveraging splicing analytics for neoantigen discovery in BRCA1/2 carriers, an exemplar population for prophylactic intervention, given their high risk of developing breast or ovarian cancers, and the increasing recognition that immune interventions are particularly appropriate in the cancer prevention arena," said Dr. Khan.
Envisagenics was previously awarded Phase I and Phase II grants from the National Institute of General Medical Sciences (NIGMS, NIH) to develop the SpliceCore software platform. A Phase I SBIR grant was also awarded by the NCI to expand SpliceCore's capabilities for discovery of splicing-derived neoantigens. "We are grateful for the NIH's continued support of innovative technologies and enabling AI-driven biotechnology companies like Envisagenics to continue to develop next generation technologies to accelerate the discovery and development of therapies for patients in need," said Maria Luisa Pineda, Ph.D., Chief Executive Officer and Co-founder of Envisagenics.
Envisagenics is an Artificial Intelligence-driven biotechnology company that focuses on the discovery of novel RNA splicing events that cause cancer and other genetic diseases. Its principal technology is the SpliceCore® discovery platform. The platform re-envisions the human genome with a validated exon-centric approach, combined with machine learning algorithms and high-performance computing. It is up to 250 times more likely to discover novel targets than gene-centric discovery tools. Using innovative technology and RNA analysis expertise, Envisagenics accelerates the development of highly specific therapeutics that modulate RNA splicing events that drive pathogenesis of oncology, neurodegenerative, and metabolic disorders.
Envisagenics partners with biopharmaceutical companies and research institutions to advance their drug discovery capabilities. Envisagenics also has its own internally developed programs. Envisagenics is a spin-out of Cold Spring Harbor Laboratory and a proud woman- and minority-led recipient of several grants from the National Institute of General Medical Sciences and the National Cancer Institute.
For more information, please visit www.envisagenics.com. Follow us on – Twitter, LinkedIn, YouTube.
The above referenced grant is issued by the NCI of the NIH under award number 1R44CA265446-01A1.
Envisagenics Media Contact
Bradley Harris
press@envisagenics.com
Tel: (929) 777-2001
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SOURCE Envisagenics | https://www.wcjb.com/prnewswire/2022/08/02/envisagenics-is-awarded-another-sbir-grant-national-cancer-institute-commercialize-its-aiml-platform-immunotherapy-development/ | 2022-08-02T12:56:11Z | https://www.wcjb.com/prnewswire/2022/08/02/envisagenics-is-awarded-another-sbir-grant-national-cancer-institute-commercialize-its-aiml-platform-immunotherapy-development/ | false |
Pelosi leaves Malaysia, tensions rise over Taiwan visit
U.S. House Speaker Nancy Pelosi left Malaysia on Tuesday and was expected to visit Taiwan, escalating tensions with Beijing, which claims the self-ruled island as its own territory.
The plane carrying Pelosi and her delegation left from a Malaysian air force base after a brief stopover that included a lunch meeting with Prime Minister Ismail Sabri Yaakob, an official said on condition of anonymity because he wasn't authorized to release details to the media.
Pelosi is on an Asian tour this week that is being closely watched to see if she will defy China's warnings against visiting Taiwan.
It was unclear where she was headed from Malaysia, but local media in Taiwan reported that she would arrive on Tuesday night, becoming the highest-ranking elected U.S. official to visit in more than 25 years. The United Daily News, Liberty Times and China Times — Taiwan’s three largest national newspapers — cited unidentified sources as saying she would spend the night in Taiwan.
Taiwan’s Foreign Ministry declined to comment. Premier Su Tseng-chang didn’t explicitly confirm Pelosi’s visit, but said Tuesday that “any foreign guests and friendly lawmakers” are “very much welcome.”
China, which regards Taiwan as a renegade province to be annexed by force if necessary, has repeatedly warned of retaliation if Pelosi visits, saying its military will “never sit idly by.”
“The U.S. and Taiwan have colluded to make provocations first, and China has only been compelled to act out of self-defense,” Chinese Foreign Ministry spokesperson Hua Chunying told reporters Tuesday in Beijing.
Hua said China has been in constant communication with the U.S. and made clear “how dangerous it would be if the visit actually happens.” Any countermeasures China take will be “justified and necessary" in the face of Washington's “unscrupulous behavior," she said.
China’s military threats have driven concerns of a new crisis in the Taiwan Strait, which separates the two sides, that could roil global markets and supply chains.
The White House on Monday decried Beijing's rhetoric, saying the U.S. has no interest in deepening tensions with China and “will not take the bait or engage in saber rattling.”
White House National Security Council spokesperson John Kirby underscored that the decision on whether to visit Taiwan was ultimately Pelosi’s. He noted that members of Congress have routinely visited the island over the years.
Kirby said administration officials are concerned that Beijing could use the visit as an excuse to take provocative retaliatory steps, including military action such as firing missiles in the Taiwan Strait or around Taiwan, or flying sorties into the island’s airspace and carrying out large-scale naval exercises in the strait.
“Put simply, there is no reason for Beijing to turn a potential visit consistent with long-standing U.S. policy into some sort of crisis or use it as a pretext to increase aggressive military activity in or around the Taiwan Strait,” Kirby said.
U.S. Secretary of State Antony Blinken also urged China to “act responsibly” if Pelosi proceeds with the visit.
“If the speaker does decide to visit, and China tries to create some kind of a crisis or otherwise escalate tensions, that would be entirely on Beijing,” he told reporters at U.N. headquarters in New York. “We are looking for them, in the event she decides to visit, to act responsibly and not to engage in any escalation going forward.”
U.S. officials have said the U.S. military would increase its movement of forces and assets in the Indo-Pacific region if Pelosi visits Taiwan. U.S. Navy aircraft carrier USS Ronald Reagan and its strike group were in the Philippine Sea on Monday, according to officials who spoke on condition of anonymity to discuss military operations.
The Reagan, the cruiser USS Antietam and the destroyer USS Higgins left Singapore after a port visit and moved north to their homeport in Japan. The carrier has an array of aircraft, including F/A-18 fighter jets and helicopters, on board as well as sophisticated radar systems and other weapons.
Taiwan and China split in 1949 after the Communists won a civil war on the mainland. The U.S. maintains informal relations and defense ties with Taiwan even as it recognizes Beijing as the government of China.
Beijing sees official American contact with Taiwan as encouragement to make the island’s decades-old de facto independence permanent, a step U.S. leaders say they don’t support. Pelosi, head of one of three branches of the U.S. government, would be the highest-ranking elected American official to visit Taiwan since then-Speaker Newt Gingrich in 1997.
Pelosi kicked off her Asian tour in Singapore on Monday as her possible visit to Taiwan sparked jitters in the region.
Singapore Prime Minister Lee Hsien Loong “highlighted the importance of stable U.S.-China relations for regional peace and security” during talks with Pelosi, the city-state's Foreign Ministry said. This was echoed by Japanese Foreign Minister Yoshimasa Hayashi in Tokyo, who said stable ties between the two rival powers “are extremely important for the international community as well.”
The Philippines urged the U.S. and China to be “responsible actors" in the region. “It is important for the U.S. and China to ensure continuing communication to avoid any miscalculation and further escalation of tensions," said Foreign Affairs spokesperson Teresita Daza.
China has been steadily ratcheting up diplomatic and military pressure on Taiwan. China cut off all contact with Taiwan’s government in 2016 after President Tsai Ing-wen refused to endorse its claim that the island and mainland together make up a single Chinese nation, with the Communist regime in Beijing being the sole legitimate government.
On Thursday, Pelosi is to meet with South Korean National Assembly Speaker Kim Jin Pyo in Seoul for talks on security in the Indo-Pacific region, economic cooperation and the climate crisis, according to Kim’s office. Pelosi is also due to visit Japan, but it is unclear when she heading there.
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Associated Press journalists Jim Gomez in Manila, Philippines, Mari Yamaguchi in Tokyo and Wu Huizhong in Taipei contributed to this report. | https://www.wtae.com/article/pelosi-arrives-in-malaysia-tensions-rise-over-taiwan-visit/40777846 | 2022-08-02T12:57:03Z | https://www.wtae.com/article/pelosi-arrives-in-malaysia-tensions-rise-over-taiwan-visit/40777846 | false |
Breakthrough Energy Ventures, Prelude Ventures, and SJF Ventures support scale-up of the Terabase software and robotics platform
BERKELEY, Calif., Aug. 2, 2022 /PRNewswire/ -- Terabase Energy today announced a $44 million Series B financing co-led by Breakthrough Energy Ventures and Prelude Ventures with additional participation by SJF Ventures and other existing investors. The round brings Terabase's total funding to $52 million and will be used to support the company's mission to reduce the cost and increase the scalability of solar by building a digital and robotic automation platform for the development, construction, and operation of utility-scale PV power plants.
Terabase has built the first digital platform for managing the full project life cycle of utility-scale solar and combined it with a construction automation system to transform the way solar power plants are deployed. Terabase's automated field-factory, capable of 24/7 operations, can significantly compress construction schedules and reduce costs while ensuring higher build quality. The robotics-assisted workflow will also improve worker health and safety by eliminating manual lifting of heavy panels and steel components under often difficult outdoor weather conditions.
Terabase is working alongside project developers, owners, and engineering & construction firms to support the design, optimization, and deployment of large-scale solar projects around the world. The new round of financing will enable full commercial deployment of the company's integrated solution in 2023 and comes shortly after Terabase announced its first commercial project, the largest deployment of robotics in solar plant construction to date.
"In recent years, the solar industry has been focused on technological improvements of solar panels and other hardware components while the means and methods of engineering and construction have been largely unchanged. The way the industry designs and builds large scale projects needs to be rethought if we are to reach the very rapid growth required to meet net-zero goals," said Carmichael Roberts, Breakthrough Energy Ventures. "To enable the Terawatt-scale deployment of solar needed to decarbonize, we believe a breakthrough is needed to transform how PV power plants are built. Terabase's solution has tremendous potential to reduce costs and accelerate the deployment of large scale solar, and we look forward to working with them on that mission."
"This investment is validation of our vision for rapidly deploying solar at the Terawatt scale," said Matt Campbell, co-founder and CEO of Terabase Energy. "It took fifty years for the world to build the first Terawatt (one million Megawatts) of solar, but we need at least 50 additional Terawatts built as quickly as possible to meet global decarbonization targets. This round of funding will allow us to continue to expand our team and make the investments necessary to achieve our mission."
Tim Woodward, Managing Director of Prelude Ventures added, "Terabase's software and automation platform allows for developers and EPCs to effectively design and manage their projects from the point of land acquisition to rapid and high-quality construction through automation. This is an essential solution for solar to get to Gigawatt-scale projects around the world."
"Our only hope to truly solve the climate crisis is to deploy clean technologies at a much larger scale to reach different areas of the economy than before. The Terabase platform is an exciting innovation to deploy more solar faster and we are delighted to be a Terabase partner," said Sheldon Kimber, CEO of Intersect Power, a Terabase customer.
To learn more about Terabase, visit www.terabase.energy.
Founded by experienced solar power plant experts, Terabase Energy is on a mission to reduce the cost and accelerate the deployment of utility-scale solar through software and automation. The Terabase platform will enable rapid deployment of solar plants at more competitive costs which will support both grid-connected PV plants as well as enable the cost-effective production of green hydrogen with PV in the future. Terabase's existing suite of software includes cloud-based apps for plant design, solar energy modeling (PlantPredict), and construction management. The company also offers power plant controls and SCADA solutions. Visit www.terabase.energy to learn more.
Founded by Bill Gates and backed by many of the world's top business leaders, BEV has raised more than $2 billion in committed capital to support cutting-edge companies that are leading the world to net-zero emissions. BEV is a purpose-built investment firm that is seeking to invest, launch and scale global companies that will eliminate GHG emissions throughout the economy as soon as possible. BEV seeks true breakthroughs and is committed to supporting these entrepreneurs and companies by bringing to bear a unique combination of technical, operational, market and policy expertise.
BEV is a part of Breakthrough Energy, a network of investment vehicles, philanthropic programs, policy advocacy and other activities committed to scaling the technologies we need to reach net-zero emissions by 2050. Visit www.breakthroughenergy.org to learn more.
Prelude Ventures is a venture capital firm dedicated to advancing the low-carbon economy. The firm invests in exceptional entrepreneurs across a range of sectors including advanced energy, food & agriculture, transportation and logistics, advanced materials and manufacturing, and advanced computing. Prelude Ventures was founded in 2013 and is based in San Francisco. Visit www.preludeventures.com to learn more
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SOURCE Terabase Energy, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/02/terabase-energy-raises-44-million-series-b-digitalize-automate-deployment-utility-scale-solar-power-plants/ | 2022-08-02T12:57:12Z | https://www.mysuncoast.com/prnewswire/2022/08/02/terabase-energy-raises-44-million-series-b-digitalize-automate-deployment-utility-scale-solar-power-plants/ | true |
Officers from Nottinghamshire Police's Sherwood North policing team said Raw & Paw, on Sherwood Drive, was broken into between July 31, at 5pm, and 6am the following day.
Harnesses, leads and collars were stolen from the shop.
Anyone with information about the burglary is asked to call police on 101, quoting incident number 114_01082022. | https://www.chad.co.uk/news/crime/burglars-target-ollerton-pet-store-3790050 | 2022-08-02T12:57:20Z | https://www.chad.co.uk/news/crime/burglars-target-ollerton-pet-store-3790050 | true |
$2.98 million in investments aim to make service more accessible and diverse for young adults and non-profits
SEATTLE and OLYMPIA, Wash., Aug. 2, 2022 /PRNewswire/ -- Serve Washington, the Schultz Family Foundation and Ballmer Group today announced $2.98 million in investments to benefit AmeriCorps participants across Washington state. These investments build on innovations piloted through the WA COVID Response Corps, a first-of-its kind program launched in 2020 to address critical needs triggered by the pandemic.
The investments will expand support for community organizations and young adults participating in AmeriCorps across the state through subsidies and technical assistance for smaller non-profits participating in AmeriCorps for the first time and increased federal awards supporting increased stipends for AmeriCorps members. The investments will also provide tailored career counseling and access to low- or no-cost certificates to develop skills in high-demand, living wage occupations.
The WA COVID Response Corps was a joint partnership of Serve Washington and the Schultz Family Foundation launched during the height of the COVID-19 crisis. By combining federal and state government resources with investment from private philanthropy, the program successfully engaged a diverse network of community organizations, including many host sites new to AmeriCorps, to meet community needs associated with the pandemic. At the same time, the program also created service opportunities for young people who reflect the socioeconomic, racial and ethnic diversity of the communities they serve.
Over the past two years, the WA COVID Response Corps enlisted 225 young adults across Washington state. Members volunteered at 120 non-profit organizations to address food insecurity, learning loss, housing instability, and more. In partnership with host sites, members helped to deliver 36 million pounds of food and serve 9 million meals to individuals and families experiencing food insecurity. In total, the program has supported more than 3 million Washingtonians across 17 counties.
The program also piloted meaningful innovations designed to help AmeriCorps become an even more powerful partner in offering members who serve opportunities to grow and excel in their careers while effectively addressing emerging community needs. These innovations included:
- Supporting 82 new community-based organizations, often operating closest to those in need, to benefit from the AmeriCorps program.
- Increasing the AmeriCorps stipend to better reflect the cost of living in the county where members served.
- Providing highly responsive cash assistance to 20 percent of WA COVID Response Corps members facing a critical emergency, including housing, transportation or health related circumstances.
- Enabling more than 80 percent of WA COVID Response Corps members to enroll in skills training aligned with their personal career goals to complement their service experience.
Recognizing the impact of the innovations and success of the program on young adults and communities, Serve Washington, the Schultz Family Foundation, and Ballmer Group have committed $2.98 million in 2022 and 2023 to increase the diversity of people and organizations participating in AmeriCorps in Washington state. The $2.98 million investment will be used as follows:
- $1.9 million in additional Federal AmeriCorps funding and AmeriCorps Rescue Plan Funding is being directed by Serve Washington to support programs in raising stipends from prior year levels for their AmeriCorps members.
- $580,000 from the Schultz Family Foundation to Serve Washington to increase the number of diverse non-profits participating in AmeriCorps by subsidizing host site fees and providing training and technical assistance.
- $500,000 directed by the Ballmer Group to Serve Washington to enhance service-to-career pipelines for diverse young adults through career assessment tools, career clarity and job search coaching, and online courses to develop skills in high-demand, living wage occupations in the state. Ballmer Group's $500,000 investment is part of $2 million in funding that the Ballmer Group has committed to the Schultz Family Foundation's National Service Challenge to support national service programs across the country.
- "AmeriCorps members provide tremendous support and service to communities all across the state. During the pandemic AmeriCorps members stepped up to serve as catalysts for meeting the heightened needs in communities. This investment will not only ensure continued support for communities, it also has the potential to create career pathways for the members themselves. That is a double return on the investment," said Governor Jay Inslee.
- "Job prospects for young adults have been impacted adversely and disproportionately by the pandemic. AmeriCorps members serving in the WA COVID Response Corps have frequently said career exploration and skill development are some of the most valuable benefits they received during their service. AmeriCorps members serve our state for only a year, but in that one year, the skills and experience gained can be life-changing. We believe national service can be a pathway to careers and we're excited this partnership will help AmeriCorps members use their service to navigate their careers moving forward," said Amber Martin-Jahn, executive director for Serve Washington.
- "We are extremely grateful for the hardworking young people who helped millions of Washington families as AmeriCorps members over the past two years. By combining federal and state government resources with private philanthropy, the WA COVID Response Corps provided valuable lessons for how we can make national service more accessible and diverse for young people and communities," said Tyra Mariani, Schultz Family Foundation president.
- "AmeriCorps has the potential to improve economic mobility for young people, while also addressing significant community needs. We are excited to expand the service-to-career pathways for AmeriCorps members in Washington by supporting more career exploration, skill development, credential attainment, and post-service transition supports," said Eshauna Smith, Ballmer Group's director of community impact.
Serve Washington a State Commission, advances national service, volunteerism and civic engagement to improve lives; expands opportunity to meet the local critical needs of residents of Washington; and strengthens community capacity while creating healthy and resilient communities. Authorized by Executive Order #16-08, a 20-member board of Governor- appointed commissioners supports and advises Serve Washington. Learn more at servewashington.wa.gov.
The Schultz Family Foundation, established in 1996 by Sheri and Howard Schultz, interim ceo and chairman emeritus of Starbucks, creates pathways of opportunity for populations facing barriers to success, focusing on youth transitioning to adulthood and marginalized populations, including Black, Indigenous, and People of Color. By investing in scalable solutions and partnerships in communities across the country, the Foundation aims to help tackle the barriers and roadblocks that prevent individuals from reaching their full potential and, in doing so, strengthen our communities and our nation. For more information about the Foundation and its work: schultzfamilyfoundation.org.
Ballmer Group is committed to improving economic mobility for children and families in the United States, funding leaders and organizations that have demonstrated the ability to reshape opportunity and reduce systemic inequities. We focus on multiple impact areas and systems that can impact economic mobility - such as early learning, K-12 education, college and career pathways, housing, health, and criminal justice - and we support leaders and organizations that focus on undoing systemic racism and the barriers it has created. Ballmer Group is both a national and regional funder – we have a presence and invest deeply in southeast Michigan, Washington state, and Los Angeles County. Ballmer Group was co-founded by philanthropist Connie Ballmer and her husband Steve Ballmer, former CEO of Microsoft, founder of USAFacts, and chairman of the Los Angeles Clippers. Learn more at www.ballmergroup.org and on Twitter @BallmerGroup.
This AmeriCorps funding is provided by the Corporation for National and Community Service, the federal agency for volunteering, civic engagement, and national service programs. For over 25 years, more than 1 million dedicated Americans have joined AmeriCorps and pledged to 'get things done.' This year, the 75,000 AmeriCorps members serving in schools, nonprofits, community and faith-based organizations, will do the same as they rebuild communities, support veterans, fight the opioid epidemic, prepare students for success, foster economic opportunity, and more. Those interested in serving can learn more at AmeriCorps.gov/Join.
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SOURCE Schultz Family Foundation | https://www.wcjb.com/prnewswire/2022/08/02/serve-washington-schultz-family-foundation-ballmer-group-partner-scale-innovations-that-increase-career-opportunities-young-adults-through-americorps/ | 2022-08-02T13:01:23Z | https://www.wcjb.com/prnewswire/2022/08/02/serve-washington-schultz-family-foundation-ballmer-group-partner-scale-innovations-that-increase-career-opportunities-young-adults-through-americorps/ | true |
Oliver Wyman Analysis Shows 18% Growth in VantageScore Model Market Adoption
STAMFORD, Conn., Aug. 2, 2022 /PRNewswire/ -- An analysis of marketplace use of VantageScore models shows that the overall usage grew to approximately 14.5 billion credit scores by over 3,000 companies, which represents an approximately 18% increase since 2019 when a similar study was conducted.
The analysis was conducted by global management consulting firm Oliver Wyman, which examined how many VantageScore credit scores were used in a 12-month period between 2021 and 2022. The research also outlined which types of consumer lenders and other entities use VantageScore credit scores.
The Oliver Wyman analysis confirms that VantageScore credit score usage was widespread across consumer lending categories, including credit card, auto finance, and personal loans, as well as in functions where credit scores are often used, including pre-screen, marketing, origination, underwriting and portfolio management.
Among the specific findings:
SURGE IN USE FOR UNDERWRITING/ACCOUNT OPENING DECISIONS: VantageScore credit score use for underwriting/account opening decisions increased by 620MM or by 132% compared to the 2019 study[1].
DEEP PENETRATION IN BIG BANKS: 9 of the top 10 banks, and 30 of the top 50 banks use VantageScore credit scores.
NON-BANK USE ALSO SURGES: VantageScore's continued focus on consumer transparency and education is underscored by its growing use by consumer websites, which used approximately 4.8 billion VantageScore credit scores (approximately 1.7 billion more than 2019).
"The continued double-digit growth in usage of VantageScore by lenders and other users of credit scores is a testament to the model's ability to both provide best in class predictive performance to facilitate access to mainstream financial services products and help enable financial inclusion," said Silvio Tavares, President & CEO of VantageScore. "The Oliver Wyman data shows that lenders are demonstrating a continued willingness to test and adopt innovative data analytics that drive positive business and consumer outcomes."
To download and review the full report, visit https://vantagescore.com/2022-market-adoption-study/.
About VantageScore Solutions
VantageScore Solutions develops consumer credit scoring models that combine the need for both financial inclusivity and dependable predictiveness across all scoring ranges. The company's most recent models score approximately 96 percent of all adults 18 and older – including 37 million more people than conventional models – without sacrificing safety and soundness. As a result, lenders using VantageScore can extend credit to those who have been historically marginalized, including minority and lower-to-middle income Americans. VantageScore credit scores are used by thousands of lenders, landlords, utility companies, telecom companies, and many others to determine creditworthiness. Additionally, tens of millions of consumers rely on free access to their VantageScore credit scores to monitor their own creditworthiness.
VantageScore Solutions was launched in 2006 and is owned by America's three national credit reporting companies (CRCs) – Equifax, Experian, and TransUnion. Using a patent-protected tri-bureau methodology, VantageScore delivers time-tested, innovative and more consistent credit scoring models across all three CRCs.
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SOURCE VantageScore Solutions, LLC | https://www.kold.com/prnewswire/2022/08/02/145-billion-vantagescore-credit-scores-used-by-over-3000-companies/ | 2022-08-02T13:01:31Z | https://www.kold.com/prnewswire/2022/08/02/145-billion-vantagescore-credit-scores-used-by-over-3000-companies/ | false |
FORT WAYNE, Ind. (WANE) – Participation numbers are up at Jack Weicker Stadium if Monday’s first practice of the season is any indication, as head coach Guy Lee is back for his second year leading the South Side football program.
The Archers went 1-8 last season, with that lone win coming in week two against Northrop while South’s game against Snider was cancelled due to a COVID issue.
Offensively, South Side has experience at key positions – including quarterback. Last fall as a junior quarterback Larrenz Tabron was named the team’s offensive MVP. Tabron will play behind an offensive line that could start five seniors when August 19 rolls around.
Michael King III will anchor both the offensive and defensive line for the Archers, and Lee says King will have to be a player opposing teams will have to game plan to stop defensively. Jayden Morris, a standout receiver as well, will be counted on to anchor a defensive backfield that has a fair share of experience.
South Side opens the season at home on August 19 against Concordia. | https://www.wane.com/high-school-sports/2022-highlight-zone-preview-south-side-archers/ | 2022-08-02T13:01:33Z | https://www.wane.com/high-school-sports/2022-highlight-zone-preview-south-side-archers/ | true |
Vile football fans were filmed singing a sickening chant mocking the deaths of Rangers legends Walter Smith and Andy Goram in a Scots pub. The disgraceful footage was taken in the Foundry Pub in Perth ahead of the clash between Hibs and St Johnstone at McDiarmid Park on Saturday afternoon.
Fans can be seen singing the sickening chant about Walter Smith, Andy Goram, Davie Cooper and kitman Jimmy Bell as they dance and cheer with their arms in the air, reports the Daily Record.
They chant: "Super trooper no more Davie Cooper, Walter Smith's in hell, so is Jimmy Bell. Andy Goram's there as well."
Read next: Cristiano Ronaldo gets Celtic transfer pitch as Manchester United told to name their price
As the louts cheer and bounce around, the Livingston vs Rangers game can be seen to be shown on the pub's televisions in the background. Pub bosses blasted the supporters and told the Record had staff heard the content of the chant, they would have removed those involved from the premises.
The video has been viewed over 80,000 times and has been condemned by outraged fans. Cooper died suddenly at the age of just 39 in 1995 after suffering a brain haemorrhage. Former boss Walter Smith and goalkeeper Andy Goram both died recently of cancer, while kitman Jimmy Bell passed away suddenly in May this year.
Charity Nil By Mouth, which seeks to challenge sectarianism in Scots Society, have slammed the scenes, adding that those involved should "hang their heads in shame".
Director of the charity Dave Scott said: "If your response to men dying of cancer or another terminal disease is to stand up in a pub and chant this sort of garbage then you need to visit a cancer ward and meet people fighting for their futures and families wracked by worry.
"Meet nurses providing round the clock care to dying people. Then you should write a big cheque to a cancer charity and hang your head in shame."
A spokesperson for The Foundry said: "We have been made aware of highly offensive singing at the pub on Saturday.
"This behaviour will not be tolerated in our pub and had the team behind the bar heard the content of the chant they would have removed the those taking part immediately. We are a friendly pub welcoming supporters from a range of clubs."
Rangers FC and Police Scotland were approached for comment.
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Get the latest sports headlines straight to your inbox by signing up for free email alerts | https://www.irishmirror.ie/sport/soccer/scottish-football/football-fans-mock-rangers-legends-27638230 | 2022-08-02T13:01:56Z | https://www.irishmirror.ie/sport/soccer/scottish-football/football-fans-mock-rangers-legends-27638230 | true |
NEW YORK, August 2, 2022 /PRNewswire/ -- Brightwood Capital Advisors ("Brightwood"), a leading private credit firm, today announced that it has agreed to provide financing to Yardbird Group (the "Company") to execute on an opportunistic growth strategy and further enhance the Company's existing operations. The investment is the latest being made through Brightwood's third SBIC fund, Brightwood Capital SBIC III, LP.
Founded in 2011 by John Kunkel, Yardbird Group is a Miami-based, award-winning dining restaurant concept with a modern take on traditional Southern cuisine. The Company, owned by TriSpan and John Kunkel's 50 Eggs Hospitality Group, currently owns and operates four locations in Miami, Los Angeles, Dallas and Washington D.C., and licenses two additional locations in Las Vegas and Singapore. Yardbird plans to open two new locations in the next twelve months, including one in Chicago scheduled to open in September 2022, and one in Denver, scheduled to open in March 2023.
"Yardbird's success over the last few years is a testament to the Company's award winning culinary and beverage programs and its position as a market leader. The company is well positioned for further expansion throughout the United States," said Scott Porter, Managing Director at Brightwood.
"Our partnership with Brightwood will be invaluable as we continue to strengthen our business and expand into new markets," said John Kunkel, Chief Executive Officer at Yardbird. "With the combined force of our deeply experienced team and Brightwood's industry resources, we're confident that we can continue to capitalize on market opportunities and deliver even greater value to our stakeholders."
"We are very excited to partner with Brightwood Capital as the Company embarks on its next chapter of growth," said Anthony Freijy, Partner at TriSpan.
Brightwood acted as sole lender for the transaction. Financial terms were not disclosed.
Brightwood Capital is a direct lending private investment firm that specializes in providing growth capital to U.S.-based, small- and medium-sized businesses in five core sectors: healthcare services, business services, technology & telecommunications, transportation & logistics, and franchising. Brightwood's team of more than 45 employees manages approximately $4.5 billion of capital on behalf of its investor base.
Founded in 2015, TriSpan is a private equity firm with offices in New York and London that invests in lower mid-cap companies in North America, Europe, and the United Kingdom with annual revenues typically ranging from $20-100 million and/or EBITDA of $2-20 million. TriSpan is committed to create value by bringing a combination of deep operational and financial resources to drive strong growth and performance. Since inception, the firm has invested in 17 platforms totaling more than 76 companies to date. For more information, please visit the firm's website at www.trispanllp.com
The goal of the TriSpan Rising Stars platform is to become one of the sector's leading strategic F&B partners that provides true value-add to restaurant entrepreneurs with the help of our in-house senior Operating Partners. Collectively, the Partners of TriSpan have invested in close to 30 food and beverage companies globally.
Media Contact
Ben Howard
bhoward@prosek.com
(914) 552-4281
Investor Contact
Kristina Matthews
matthews@brightwoodlp.com
(646) 368 - 8330
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SOURCE Brightwood Capital Advisors | https://www.wymt.com/prnewswire/2022/08/02/brightwood-capital-advisors-provides-senior-term-loan-finance-yardbirds-strategic-growth-strategy/ | 2022-08-02T13:03:30Z | https://www.wymt.com/prnewswire/2022/08/02/brightwood-capital-advisors-provides-senior-term-loan-finance-yardbirds-strategic-growth-strategy/ | true |
Will Enable CIBO Partners to Leverage the Project Directly or as a Reference Design for Their Project
MINNEAPOLIS, Aug. 2, 2022 /PRNewswire/ -- CIBO, the science-based technology company that provides partners with a complete platform to manage ag carbon and nature-based climate programs, today announced the acceptance of their Project Description Document (PDD) to Verra entitled "The CIBO Initiative for Scaling Regenerative Agriculture." The PDD was submitted under Verra Carbon Standard VM0042 (Methodology for Improved Agricultural Land Management, v1.0).
Verra is the global leader in voluntary carbon market quality assurance. They have developed over 200 greenhouse gas (GHG) reduction and sequestration standards, known as methodologies. Each standard can be used to develop programs that create meaningful environmental and social value with high quality and confidence.
For the first time, a company looking to bring a registered carbon program to their growers or stakeholder groups in the U.S. now has a project infrastructure that they can leverage through credit registration or as a reference design for their own project. The CIBO Initiative for Scaling Regenerative Agriculture is the first project under VM0042 to be submitted and listed in the pipeline in the United States and the first to be listed as "Under Validation" globally. The project is a comprehensive effort to provide financial and technical support to U.S. commodity crop growers that results in their adoption of improved agricultural land management practices and, as a result, GHG reductions, GHG removals, and improved land resiliency. Named practices include cover crop adoption, reduced tillage and reduced nitrogen.
Under the new Verra Program, CIBO's proprietary software platform is combined with technical and financial support from both CIBO and enterprise partners. The resulting programs will deliver incentives, a financial safety net, and expert guidance that farmers across the Corn Belt region of the United States need to overcome barriers to widespread adoption of regenerative agriculture.
CIBO's Verra project was designed from the ground up to support enterprises throughout the food and agriculture value chain, including: CPGs; input companies; grain and commodities companies; ethanol producers; and others with agricultural commodities in their customer base or supply chain.
"We are excited to have achieved this milestone which will further accelerate the transition to regenerative agriculture," said Daniel Ryan, CEO of CIBO Technologies. "Once the project is reviewed and accepted by the team at Verra and an independent verification body, it will be made available to support our partners with development of their own carbon programs and climate commitments."
"It's encouraging to see the CIBO Initiative for Scaling Regenerative Agriculture project enter the validation phase under VM0042 Methodology for Improved Agricultural Land Management," said Toby Janson-Smith, Chief Program Development and Innovation Officer at Verra. "Once validated, the project will create a pathway for growers in the United States to generate verifiable, transparent, and robust carbon reduction and sequestration credits, and demonstrate the key role the U.S. agricultural sector can play in tackling climate change."
Founded by Flagship Pioneering in 2015, CIBO applies advanced technologies to deliver a deep understanding of agricultural systems to create a sustainable future by helping to mitigate climate change, secure the food supply and improve grower outcomes. CIBO is a 2021 Fast Company World Changing Ideas Awards finalist and was named 2021 AgTech Breakthrough "AI-based AgTech Company of the Year." Learn more at cibotechnologies.com.
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SOURCE CIBO | https://www.wymt.com/prnewswire/2022/08/02/cibo-technologies-submits-first-us-based-agricultural-carbon-project-verra-under-vm0042-methodology/ | 2022-08-02T13:04:18Z | https://www.wymt.com/prnewswire/2022/08/02/cibo-technologies-submits-first-us-based-agricultural-carbon-project-verra-under-vm0042-methodology/ | true |
Tributes are paid to one of the youngest D-Day Navy veterans who has died aged 95 nearly 80 years after he helped land troops on the beaches of Normandy aged 17, before surviving a deadly German air attack at sea
- Fred Lee, from Richmond, was just 17-years-old when his warship dropped the first wave of troops on Gold Beach, Normandy, on D-Day in 1944
- Stationed on HMS Nith as an engine room stoker, Lee helped sail the 231st Infantry Brigade near to the town of Arromanches
- He also narrowly survived an attack by a German guided 'Mistel' bomber on his ship which left nine dead and 27 injured
- Lee is a Legion D'Honneur recipient which is France's highest military honour
Tributes have been paid to one of Britain's youngest D-Day veterans following his death who has died at the age of 95, just two days before his birthday.
His death follows the passing of fellow D-Day veterans Lance Bombardier Les Pring, who was the last man standing from his brigade, in March and Ray Lord in October last year.
Fred Lee was just 17-years-old when his frigate HMS Nith dropped the first wave of troops on Gold Beach at 7.25am on June 6, 1944.
The engine room stoker went on deck 40 minutes later to find 'all hell had let loose'.
He later recalled how he saw a soldier's body float by having been killed on the beach at Arromanches.
Weeks later, Fred miraculously survived when his vessel was hit by a deadly German guided 'Mistel' bomber in the sea off Normandy.
Two enemy aircraft flew attached to each other and the pilot released the plane below, which was full of explosives.
The pilot then 'remote-control' guided it towards HMS Nith and it struck the starboard side, causing a huge explosion.
Fred was usually positioned there but on this occasion had, against his wishes, been assigned watch duties on the port side.
As a result he emerged unscathed from the attack which killed nine seamen and injured 27 others.
Fred Lee, pictured above at the memorial to Sir Alexander Stanier of the 231st Infantry Brigade, died at the age of 95 just two days before his 96th birthday
Lee served in World War Two at the age of just 17-years-old, working as an engine room stoker, and was responsible for getting troops to Gold Beach on D-Day, 1944
Fred, from Richmond, south west London, had the poignant task of recovering the dead and injured and the ship was towed back to the Isle of Wight for repairs.
He also escorted shipping convoys in the English Channel and spent World War Two's final months in the Far East.
Fred sailed up the Rangoon River but had to keep his head down to avoid being shot by Japanese snipers.
He returned home in 1946 and married sweetheart Joyce Osborne a year later, settling down in Yateley, Hants, where they had three children, Kevin, Karen and Katrina.
He then became a transport manager for a concrete company.
Fred returned to Normandy for the first time since the Allied invasion in 2003 and was an active member of the Surrey branch of the Normandy Veterans Association.
Joyce died in 2013 and he made his final trip to Arromanches last month to commemorate the 78th anniversary of D-Day.
Fred, a Legion D'Honneur recipient, France's highest military honour, died following a short illness at his home in Odiham, Hants, surrounded by his family, on July 28.
Ian Allen, Fred's son-in-law, who runs the veterans' memorial page Normandy Post, said: 'On June 5, 1944, the Nith set sail for Normandy acting as headquarters for the 231st Infantry Brigade, which was to land on Gold Beach, close to the town of Arromanches.
'After working all night to get his ship to Normandy, at 8am on D-Day Fred was allowed on deck for a brief respite where he witnessed the might of the invasion force.
'It was here that he first saw a dead British soldier floating in the sea.
'Fred told how he could see the soldier's pay book coming out of his pocket, and how it was like his own.
'They were not allowed to recover the soldier's body.
The veteran served aboard the warship HMS Nith which was attacked by a German guided 'Mistel' killing nine and injuring 27
'Having successfully put the 231st Infantry Brigade ashore, the ship's next assignment was to take up position off Courseulles to control incoming shipping.
'On the night of June 23-24, 1944, Fred was asked to undertake a second spell on watch on the port side, not his usual starboard side position.
'Shortly after, the ships guns briefly opened fire before there was a huge explosion on the starboard side, with hot shrapnel flying through the air.
'The ship had been hit by a Mistel, a new German weapon where two aircraft flew attached to each other.
'The pilot would release the plane below which was full of explosives, and remotely control it onto its target.
'Casualties on board the Nith amounted to nine dead and 27 injured.
'Fred had argued with his commanding officer beforehand to go back on watch at his normal position on the starboard side of the ship.
'He was told to do as he was told and go on watch on the port side of the ship.
'Fred would have been killed if he had been in his normal starboard watch position.
'He helped recover the dead and injured and the ship was taken under tow back to the Isle Of Wight for repairs, the dead being buried at sea on route.'
Post-war, Fred worked for AEC which made London buses, then as a transport manager for RMC (Ready Mixed Concrete).
He is survived by five grand-daughters and one great-granddaughter.
Fred Lee is pictured with Chris Evans for an interview and was known for taking numerous pilgrimages visits to Normandy
Paying tribute, the Musee du Debarquement in Arromanches said: 'We learned with sadness the passing of Fred Lee, two days before his 96th birthday.
'During the June 2022 commemorations, he was the last Surrey Branch veteran to lower the Normandy Veterans Association flag.
'Condolences to his family and loved ones from the entire museum team. We will not forget you.'
Richard Palusinski, of the Spirit of Normandy Trust, said: 'Fred undertook numerous pilgrimage visits to Normandy and was well known and loved by the people of Arromanches.'
Fred was praised on social media for his 'courage and dedication' fighting the Nazis.
Rebecca Hoare wrote: 'RIP Fred you have truly earned your rest thoughts and prayers for you family at this sad time and thank you for being amazing and you were true hero.'
Allison Wallentin wrote: 'We can not thank you enough Fred for your courage, dedication and for giving us the freedom we enjoy today.
'We are forever in your debt and words are not enough to say thank you. Now you can rest in peace which is so deserved xxx'
Yvonne Somrani added: 'RIP Fred, we were so pleased to see you in Normandy again this year.
'Thank you for your service; it was a pleasure to know you xx'
D-Day veteran Fred Lee's family said in a statement today: 'Besides his family, Fred Lee treasured his friends.
'They were always greeted with a warm smile, a handshake, hug or kiss.
'So many people are missing him right now.
'We raise a glass of red in his honour - a lovely man.' | https://www.dailymail.co.uk/news/article-11072659/One-youngest-D-Day-Navy-veterans-died-aged-95-sailing-troops-Normandy-beaches-17.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-08-02T13:04:48Z | https://www.dailymail.co.uk/news/article-11072659/One-youngest-D-Day-Navy-veterans-died-aged-95-sailing-troops-Normandy-beaches-17.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true |
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Envisagenics, Inc., a New York-based biotechnology company leveraging artificial intelligence (AI) and RNA-splicing analytics for discovery and development of disease specific therapeutics, announced today that it was awarded a Small Business Innovation Research (SBIR) Direct to Phase II grant from the National Cancer Institute (NCI), part of the National Institutes of Health (NIH). This grant will provide $2 million over 2 years to commercialize Envisagenics' proprietary drug discovery platform, SpliceIOTM, for the discovery of novel targets for immuno-oncology (IO) therapeutic development. SpliceIO is one of the latest AI drug discovery platforms developed by Envisagenics, which complements the SpliceCore® platform for the discovery of splicing drug targets using RNA-seq data.
"What the SpliceCore platform does for antisense drugs, SpliceIO is doing for IO drugs. SpliceIO discovers splicing-derived neoantigens for immunotherapies using RNA-seq data as a sole input," said Martin Akerman, Ph.D., Chief Technology Officer and Co-founder of Envisagenics. "This funding will help scale Envisagenics' target pipeline by enabling validation of IO targets at the protein level, a critical step for advancing candidate targets to the next stage of development."
Envisagenics will apply its platform to identify splicing-derived neoantigens in BRCA1/2 carriers at-risk for developing breast cancer and develop a high-throughput approach to validate its findings using proteomic data. Within the scope of this grant, Envisagenics will collaborate with researchers at Northwestern University Feinberg School of Medicine: Dr. Seema Khan (Co-Leader of the Cancer Prevention Program of the Lurie Comprehensive Cancer Center and Bluhm Family Professor of Cancer Research) and Dr. Susan Clare (Research Associate Professor of Surgery). "We are excited to collaborate with Envisagenics to apply its innovative technology leveraging splicing analytics for neoantigen discovery in BRCA1/2 carriers, an exemplar population for prophylactic intervention, given their high risk of developing breast or ovarian cancers, and the increasing recognition that immune interventions are particularly appropriate in the cancer prevention arena," said Dr. Khan.
Envisagenics was previously awarded Phase I and Phase II grants from the National Institute of General Medical Sciences (NIGMS, NIH) to develop the SpliceCore software platform. A Phase I SBIR grant was also awarded by the NCI to expand SpliceCore's capabilities for discovery of splicing-derived neoantigens. "We are grateful for the NIH's continued support of innovative technologies and enabling AI-driven biotechnology companies like Envisagenics to continue to develop next generation technologies to accelerate the discovery and development of therapies for patients in need," said Maria Luisa Pineda, Ph.D., Chief Executive Officer and Co-founder of Envisagenics.
Envisagenics is an Artificial Intelligence-driven biotechnology company that focuses on the discovery of novel RNA splicing events that cause cancer and other genetic diseases. Its principal technology is the SpliceCore® discovery platform. The platform re-envisions the human genome with a validated exon-centric approach, combined with machine learning algorithms and high-performance computing. It is up to 250 times more likely to discover novel targets than gene-centric discovery tools. Using innovative technology and RNA analysis expertise, Envisagenics accelerates the development of highly specific therapeutics that modulate RNA splicing events that drive pathogenesis of oncology, neurodegenerative, and metabolic disorders.
Envisagenics partners with biopharmaceutical companies and research institutions to advance their drug discovery capabilities. Envisagenics also has its own internally developed programs. Envisagenics is a spin-out of Cold Spring Harbor Laboratory and a proud woman- and minority-led recipient of several grants from the National Institute of General Medical Sciences and the National Cancer Institute.
For more information, please visit www.envisagenics.com. Follow us on – Twitter, LinkedIn, YouTube.
The above referenced grant is issued by the NCI of the NIH under award number 1R44CA265446-01A1.
Envisagenics Media Contact
Bradley Harris
press@envisagenics.com
Tel: (929) 777-2001
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SOURCE Envisagenics | https://www.1011now.com/prnewswire/2022/08/02/envisagenics-is-awarded-another-sbir-grant-national-cancer-institute-commercialize-its-aiml-platform-immunotherapy-development/ | 2022-08-02T13:06:44Z | https://www.1011now.com/prnewswire/2022/08/02/envisagenics-is-awarded-another-sbir-grant-national-cancer-institute-commercialize-its-aiml-platform-immunotherapy-development/ | true |
NEW YORK, August 2, 2022 /PRNewswire/ -- Brightwood Capital Advisors ("Brightwood"), a leading private credit firm, today announced that it has agreed to provide financing to Yardbird Group (the "Company") to execute on an opportunistic growth strategy and further enhance the Company's existing operations. The investment is the latest being made through Brightwood's third SBIC fund, Brightwood Capital SBIC III, LP.
Founded in 2011 by John Kunkel, Yardbird Group is a Miami-based, award-winning dining restaurant concept with a modern take on traditional Southern cuisine. The Company, owned by TriSpan and John Kunkel's 50 Eggs Hospitality Group, currently owns and operates four locations in Miami, Los Angeles, Dallas and Washington D.C., and licenses two additional locations in Las Vegas and Singapore. Yardbird plans to open two new locations in the next twelve months, including one in Chicago scheduled to open in September 2022, and one in Denver, scheduled to open in March 2023.
"Yardbird's success over the last few years is a testament to the Company's award winning culinary and beverage programs and its position as a market leader. The company is well positioned for further expansion throughout the United States," said Scott Porter, Managing Director at Brightwood.
"Our partnership with Brightwood will be invaluable as we continue to strengthen our business and expand into new markets," said John Kunkel, Chief Executive Officer at Yardbird. "With the combined force of our deeply experienced team and Brightwood's industry resources, we're confident that we can continue to capitalize on market opportunities and deliver even greater value to our stakeholders."
"We are very excited to partner with Brightwood Capital as the Company embarks on its next chapter of growth," said Anthony Freijy, Partner at TriSpan.
Brightwood acted as sole lender for the transaction. Financial terms were not disclosed.
Brightwood Capital is a direct lending private investment firm that specializes in providing growth capital to U.S.-based, small- and medium-sized businesses in five core sectors: healthcare services, business services, technology & telecommunications, transportation & logistics, and franchising. Brightwood's team of more than 45 employees manages approximately $4.5 billion of capital on behalf of its investor base.
Founded in 2015, TriSpan is a private equity firm with offices in New York and London that invests in lower mid-cap companies in North America, Europe, and the United Kingdom with annual revenues typically ranging from $20-100 million and/or EBITDA of $2-20 million. TriSpan is committed to create value by bringing a combination of deep operational and financial resources to drive strong growth and performance. Since inception, the firm has invested in 17 platforms totaling more than 76 companies to date. For more information, please visit the firm's website at www.trispanllp.com
The goal of the TriSpan Rising Stars platform is to become one of the sector's leading strategic F&B partners that provides true value-add to restaurant entrepreneurs with the help of our in-house senior Operating Partners. Collectively, the Partners of TriSpan have invested in close to 30 food and beverage companies globally.
Media Contact
Ben Howard
bhoward@prosek.com
(914) 552-4281
Investor Contact
Kristina Matthews
matthews@brightwoodlp.com
(646) 368 - 8330
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SOURCE Brightwood Capital Advisors | https://www.wbay.com/prnewswire/2022/08/02/brightwood-capital-advisors-provides-senior-term-loan-finance-yardbirds-strategic-growth-strategy/ | 2022-08-02T13:06:52Z | https://www.wbay.com/prnewswire/2022/08/02/brightwood-capital-advisors-provides-senior-term-loan-finance-yardbirds-strategic-growth-strategy/ | true |
Unified Jack Henry brand reinforces company's mission to improve financial health for consumers and businesses
MONETT, Mo., Aug. 2, 2022 /PRNewswire/ -- Jack Henry & Associates, Inc.® (Nasdaq: JKHY) announced today the launch of a refreshed brand that reinforces Jack Henry's 46-year history of providing modern technology and services to community and regional financial institutions that enable them to strengthen connections with accountholders. The company is consolidating its three distinct brands – Jack Henry Banking®, Symitar®, and ProfitStars® – to a singular Jack Henry™ brand.
Uniting the brands reflects Jack Henry's role as a well-rounded financial technology provider and an advocate for community and regional financial institutions – with a mission to help reduce barriers to financial health. Over the years, the company has continued to evolve and build its capabilities while staying true to its founding philosophy.
"Our rebrand is the outcome of the work we've done to modernize our technology, streamline operations, and operate as one company, resulting in a better client experience," said Jack Henry Board Chair and CEO David Foss. "We now have a platform to speak from a single, consistent voice as we continue to help community and regional financial institutions strengthen connections with accountholders by offering a full array of solutions and access to a wide network of fintech partners."
Jack Henry recognizes that approximately 166 million Americans, or 66% of the population, are not considered financially healthy, according to the Financial Health Network's 2021 U.S. Trends Report. To that end, the company recently developed a new mission statement focused on strengthening connections between people and financial institutions through technology and services that help reduce the barriers to financial health. Jack Henry also became a member of the Financial Health Network and joined its efforts to unite industries, business leaders, policymakers, innovators, and visionaries to improve financial health.
"We believe that community and regional financial institutions are uniquely positioned to help consumers and businesses achieve financial health," Foss said. "As a well-rounded financial technology provider, it's our role to provide technology and services that help them better serve their accountholders."
As part of its mission, Jack Henry announced its next-generation technology strategy, centered on the company's ongoing development of a single, cloud-native open-banking platform. This initiative builds on Jack Henry's industry leading, open-API digital banking platform, which enables easy access to a broad ecosystem of Jack Henry solutions and high-grade, third-party fintechs. The company has integrated more than 850 fintechs into its ecosystem and is the only platform provider with relationships with all four major financial-data aggregators.
"It is not uncommon for consumers to use between 20 and 30 different financial applications and services, which makes it hard to keep track of their overall financial situation," Foss said. "We are providing modern technology that puts community and regional financial institutions at the center of their accountholders' financial lives to help reduce financial fragmentation and promote healthier financial decisions."
The rebrand also reflects the company's focus on corporate responsibility and being a force for good. Jack Henry is committed to environmentally friendly practices to support a strong future and was recognized as one of Newsweek's America's Most Responsible Companies in 2022.
As part of its rebranding, Jack Henry introduced a new external website that reflects its evolution and details how it is connecting possibilities for financial institutions and the people and businesses they serve. The company updated its visual identity to honor the company's past while bringing the business units together under one Jack Henry brand.
"The new site is more than just a reflection of our new visual identity," said Jeff Vandevelde, senior director of Jack Henry Marketing. "It explains who we are as a company and how we build relationships with our clients, listen to understand their needs and business challenges, and deliver solutions to help them achieve success and meet the evolving needs of their accountholders through people-inspired innovation."
For more information, visit www.jackhenry.com.
Jack Henry (Nasdaq: JKHY) is a well-rounded financial technology company that strengthens connections between financial institutions and the people and businesses they serve. We are an S&P 500 company that prioritizes openness, collaboration, and user centricity – offering banks and credit unions a vibrant ecosystem of internally developed modern capabilities as well as the ability to integrate with leading fintechs. For more than 45 years, Jack Henry has provided technology solutions to enable clients to innovate faster, strategically differentiate, and successfully compete while serving the evolving needs of their accountholders. We empower approximately 8,000 clients with people-inspired innovation, personal service, and insight-driven solutions that help reduce the barriers to financial health. Additional information is available at www.jackhenry.com.
Statements made in this news release that are not historical facts are "forward-looking statements." Because forward-looking statements relate to the future, they are subject to inherent risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Such risks and uncertainties include, but are not limited to, those discussed in the Company's Securities and Exchange Commission filings, including the Company's most recent reports on Form 10-K and Form 10-Q, particularly under the heading "Risk Factors." Any forward-looking statement made in this news release speaks only as of the date of the news release, and the Company expressly disclaims any obligation to publicly update or revise any forward-looking statement, whether because of new information, future events or otherwise.
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SOURCE Jack Henry & Associates, Inc. | https://www.1011now.com/prnewswire/2022/08/02/jack-henry-introduces-refreshed-brand-focused-strengthening-connections/ | 2022-08-02T13:08:10Z | https://www.1011now.com/prnewswire/2022/08/02/jack-henry-introduces-refreshed-brand-focused-strengthening-connections/ | true |
Kremlin says nuclear arms control talks hinge on US goodwill
MOSCOW (AP) — The Kremlin said Tuesday that it’s ready for talks with the United States on nuclear arms control even as Moscow and Washington have remained locked in a tense standoff over Russia’s actions in Ukraine.
Commenting on U.S. President Joe Biden’s statement that Washington is open for talks on a new arms control deal to replace the New START treaty after it expires in 2026, Kremlin spokesman Dmitry Peskov said that such negotiations are long overdue.
Just days before the New START was due to expire in February 2021, Russia and the United States agreed to extend it for another five years.
The treaty, signed in 2010 by President Barack Obama and Russian President Dmitry Medvedev, limits each country to no more than 1,550 deployed nuclear warheads and 700 deployed missiles and bombers, and envisages sweeping on-site inspections to verify compliance.
Moscow and Washington hadn’t started discussions about the pact’s possible replacement until the Kremlin sent troops into Ukraine on Feb. 24.
While voicing readiness to “expeditiously negotiate a new arms control framework to replace New START when it expires in 2026,” Biden emphasized in Monday’s statement that “Russia’s brutal and unprovoked aggression in Ukraine has shattered peace in Europe and constitutes an attack on fundamental tenets of international order.”
“In this context, Russia should demonstrate that it is ready to resume work on nuclear arms control with the United States,” he added.
Asked about Biden’s statement in a conference call with reporters, Peskov emphasized that “Moscow has repeatedly spoken about the necessity to start such talks as soon as possible as there is little time left.”
“If the treaty expires without being replaced with a solid deal, it will negatively impact global security and stability, primarily in the area of arms control,” Peskov noted. “We have called for an early launch of talks, but until that moment it has been the U.S. that has shown no interest in substantive contacts on the issue.”
He emphasized that negotiations on a new arms control pact can only be held “on the basis of mutual respect and taking into account mutual concerns.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/02/kremlin-says-nuclear-arms-control-talks-hinge-us-goodwill/ | 2022-08-02T13:08:36Z | https://www.mysuncoast.com/2022/08/02/kremlin-says-nuclear-arms-control-talks-hinge-us-goodwill/ | false |
IRVINE, Calif., Aug. 2, 2022 /PRNewswire/ -- GATC Health, a science and technology company revolutionizing drug discovery and disease prediction using artificial intelligence (AI) and advanced multiomics, today announced Jayson A. Hymes, MD, MPH, FACPM FASAM, has joined its Board of Advisors. Dr. Hymes is an internationally known and respected clinician, researcher and speaker in the fields of addiction, pain management and anesthesiology, with over 30 years' experience. He was an advisor to the Executive Office of the President of the United States (Office of National Drug Control Policy), the Medical Board of California, the California Narcotics Officers Association, and the Los Angeles Field Division of the Drug Enforcement Administration.
GATC Health's AI platform is responsible for the de novo design of a suite of novel molecules that are currently in pre-clinical studies for the treatment of fentanyl addiction and cocaine addiction. Dr. Hymes' expertise will greatly support these efforts.
Dr. Hymes received his MD from the University of Louisville Medical School and his MPH from the Harvard School of Public Health. His postgraduate training was completed at the Harvard Medical Associated Hospitals and the Peter Bent Brigham Hospital.
"GATC Health has discovered and is testing a potentially revolutionary way of treating addiction to accelerate the biology of people with an addiction back to a non-addictive state," Dr. Hymes said. "It has been my life's work helping those who face addiction—and I am eager to contribute my extensive experience of what these patients and their physicians face on a daily basis to GATC Health's groundbreaking work and progress in the field."
Dr. Hymes is currently the Chief Medical Officer of Conservative Care Specialists Medical Group Inc., a practice that specializes in pain management and addiction medicine. He is also a Fellow of the American College of Pain Medicine, a Fellow of the American Society of Addiction Medicine and an Assistant Clinical Professor of Anesthesiology & Pain Medicine at the University of Southern California School of Medicine. He is the author of numerous articles, papers and book chapters.
"Dr. Hymes' decades of real-world experience and evidence from treating patients with substance-abuse issues will prove invaluable as GATC continues investigating the causes of and treatments for addiction," said Jeff Moses, President of GATC Health. "With U.S. overdose deaths reaching historic highs in 2021, our work in addiction is more important now than ever, and it is paramount we have an expert like Dr. Hymes on our team."
GATC Health Corp is a pioneering technology company using whole genome analysis and multiomics-based artificial intelligence to revolutionize disease detection and drug discovery. The company's patented AI platform reduces risk, time and costs for life science companies by digitally reproducing the human body to find non-obvious answers to biology's most complex questions. GATC Health is accelerating healthcare's transition to predictive, individualized medicine.
The information set forth herein is presented for informational purposes only and should not be deemed an offer to sell securities. This announcement contains information which the Company believes to be correct, including certain financial information and projections, but the Company does not guarantee as to the accuracy or completeness of such information. The Company reserves the right to modify or amend the information contained herein.
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SOURCE GATC Health | https://www.wbay.com/prnewswire/2022/08/02/gatc-health-appoints-addiction-specialist-jayson-hymes-md-mph-facpm-fasam-qme-new-advisory-board-member/ | 2022-08-02T13:09:50Z | https://www.wbay.com/prnewswire/2022/08/02/gatc-health-appoints-addiction-specialist-jayson-hymes-md-mph-facpm-fasam-qme-new-advisory-board-member/ | false |
$2.98 million in investments aim to make service more accessible and diverse for young adults and non-profits
SEATTLE and OLYMPIA, Wash., Aug. 2, 2022 /PRNewswire/ -- Serve Washington, the Schultz Family Foundation and Ballmer Group today announced $2.98 million in investments to benefit AmeriCorps participants across Washington state. These investments build on innovations piloted through the WA COVID Response Corps, a first-of-its kind program launched in 2020 to address critical needs triggered by the pandemic.
The investments will expand support for community organizations and young adults participating in AmeriCorps across the state through subsidies and technical assistance for smaller non-profits participating in AmeriCorps for the first time and increased federal awards supporting increased stipends for AmeriCorps members. The investments will also provide tailored career counseling and access to low- or no-cost certificates to develop skills in high-demand, living wage occupations.
The WA COVID Response Corps was a joint partnership of Serve Washington and the Schultz Family Foundation launched during the height of the COVID-19 crisis. By combining federal and state government resources with investment from private philanthropy, the program successfully engaged a diverse network of community organizations, including many host sites new to AmeriCorps, to meet community needs associated with the pandemic. At the same time, the program also created service opportunities for young people who reflect the socioeconomic, racial and ethnic diversity of the communities they serve.
Over the past two years, the WA COVID Response Corps enlisted 225 young adults across Washington state. Members volunteered at 120 non-profit organizations to address food insecurity, learning loss, housing instability, and more. In partnership with host sites, members helped to deliver 36 million pounds of food and serve 9 million meals to individuals and families experiencing food insecurity. In total, the program has supported more than 3 million Washingtonians across 17 counties.
The program also piloted meaningful innovations designed to help AmeriCorps become an even more powerful partner in offering members who serve opportunities to grow and excel in their careers while effectively addressing emerging community needs. These innovations included:
- Supporting 82 new community-based organizations, often operating closest to those in need, to benefit from the AmeriCorps program.
- Increasing the AmeriCorps stipend to better reflect the cost of living in the county where members served.
- Providing highly responsive cash assistance to 20 percent of WA COVID Response Corps members facing a critical emergency, including housing, transportation or health related circumstances.
- Enabling more than 80 percent of WA COVID Response Corps members to enroll in skills training aligned with their personal career goals to complement their service experience.
Recognizing the impact of the innovations and success of the program on young adults and communities, Serve Washington, the Schultz Family Foundation, and Ballmer Group have committed $2.98 million in 2022 and 2023 to increase the diversity of people and organizations participating in AmeriCorps in Washington state. The $2.98 million investment will be used as follows:
- $1.9 million in additional Federal AmeriCorps funding and AmeriCorps Rescue Plan Funding is being directed by Serve Washington to support programs in raising stipends from prior year levels for their AmeriCorps members.
- $580,000 from the Schultz Family Foundation to Serve Washington to increase the number of diverse non-profits participating in AmeriCorps by subsidizing host site fees and providing training and technical assistance.
- $500,000 directed by the Ballmer Group to Serve Washington to enhance service-to-career pipelines for diverse young adults through career assessment tools, career clarity and job search coaching, and online courses to develop skills in high-demand, living wage occupations in the state. Ballmer Group's $500,000 investment is part of $2 million in funding that the Ballmer Group has committed to the Schultz Family Foundation's National Service Challenge to support national service programs across the country.
- "AmeriCorps members provide tremendous support and service to communities all across the state. During the pandemic AmeriCorps members stepped up to serve as catalysts for meeting the heightened needs in communities. This investment will not only ensure continued support for communities, it also has the potential to create career pathways for the members themselves. That is a double return on the investment," said Governor Jay Inslee.
- "Job prospects for young adults have been impacted adversely and disproportionately by the pandemic. AmeriCorps members serving in the WA COVID Response Corps have frequently said career exploration and skill development are some of the most valuable benefits they received during their service. AmeriCorps members serve our state for only a year, but in that one year, the skills and experience gained can be life-changing. We believe national service can be a pathway to careers and we're excited this partnership will help AmeriCorps members use their service to navigate their careers moving forward," said Amber Martin-Jahn, executive director for Serve Washington.
- "We are extremely grateful for the hardworking young people who helped millions of Washington families as AmeriCorps members over the past two years. By combining federal and state government resources with private philanthropy, the WA COVID Response Corps provided valuable lessons for how we can make national service more accessible and diverse for young people and communities," said Tyra Mariani, Schultz Family Foundation president.
- "AmeriCorps has the potential to improve economic mobility for young people, while also addressing significant community needs. We are excited to expand the service-to-career pathways for AmeriCorps members in Washington by supporting more career exploration, skill development, credential attainment, and post-service transition supports," said Eshauna Smith, Ballmer Group's director of community impact.
Serve Washington a State Commission, advances national service, volunteerism and civic engagement to improve lives; expands opportunity to meet the local critical needs of residents of Washington; and strengthens community capacity while creating healthy and resilient communities. Authorized by Executive Order #16-08, a 20-member board of Governor- appointed commissioners supports and advises Serve Washington. Learn more at servewashington.wa.gov.
The Schultz Family Foundation, established in 1996 by Sheri and Howard Schultz, interim ceo and chairman emeritus of Starbucks, creates pathways of opportunity for populations facing barriers to success, focusing on youth transitioning to adulthood and marginalized populations, including Black, Indigenous, and People of Color. By investing in scalable solutions and partnerships in communities across the country, the Foundation aims to help tackle the barriers and roadblocks that prevent individuals from reaching their full potential and, in doing so, strengthen our communities and our nation. For more information about the Foundation and its work: schultzfamilyfoundation.org.
Ballmer Group is committed to improving economic mobility for children and families in the United States, funding leaders and organizations that have demonstrated the ability to reshape opportunity and reduce systemic inequities. We focus on multiple impact areas and systems that can impact economic mobility - such as early learning, K-12 education, college and career pathways, housing, health, and criminal justice - and we support leaders and organizations that focus on undoing systemic racism and the barriers it has created. Ballmer Group is both a national and regional funder – we have a presence and invest deeply in southeast Michigan, Washington state, and Los Angeles County. Ballmer Group was co-founded by philanthropist Connie Ballmer and her husband Steve Ballmer, former CEO of Microsoft, founder of USAFacts, and chairman of the Los Angeles Clippers. Learn more at www.ballmergroup.org and on Twitter @BallmerGroup.
This AmeriCorps funding is provided by the Corporation for National and Community Service, the federal agency for volunteering, civic engagement, and national service programs. For over 25 years, more than 1 million dedicated Americans have joined AmeriCorps and pledged to 'get things done.' This year, the 75,000 AmeriCorps members serving in schools, nonprofits, community and faith-based organizations, will do the same as they rebuild communities, support veterans, fight the opioid epidemic, prepare students for success, foster economic opportunity, and more. Those interested in serving can learn more at AmeriCorps.gov/Join.
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SOURCE Schultz Family Foundation | https://www.kold.com/prnewswire/2022/08/02/serve-washington-schultz-family-foundation-ballmer-group-partner-scale-innovations-that-increase-career-opportunities-young-adults-through-americorps/ | 2022-08-02T13:10:21Z | https://www.kold.com/prnewswire/2022/08/02/serve-washington-schultz-family-foundation-ballmer-group-partner-scale-innovations-that-increase-career-opportunities-young-adults-through-americorps/ | false |
Retailers and Ecommerce Merchants Align with Evolving Consumer Purchasing Preferences by Increasing Acceptance of Mobile Wallet, Buy Now Pay Later and Social Media Payments
ATLANTA, Aug. 2, 2022 /PRNewswire/ -- LexisNexis® Risk Solutions unveiled the results of its 13th annual True Cost of Fraud™ Study: Retail and Ecommerce, which examines current transactional fraud trends in the U.S. and Canadian ecommerce and retail markets.
The LexisNexis Fraud Multiplier™ – an estimate of the total amount of loss a firm occurs based on the actual dollar value of a fraudulent transaction – estimates that every $1 lost to fraud costs U.S. and Canadian merchants an average of $3.75 and $3.19, respectively. The study, a survey of 791 risk and fraud executives, shows that the cost of fraud for U.S. merchants increased 19.8% since 2019, rising from $3.13 to $3.75, with that figure reaching $3.36 in early 2020.
A similar trend followed for Canadian merchants, with costs increasing from $2.87 to $3.19 and fraud rising 11.1% since early 2020, which was the first year the study included Canada. Ecommerce merchants have the highest Fraud Multiplier at $3.85 for the U.S. and $3.45 for Canada.
Survey respondents also indicated that mobile commerce (mcommerce) continues to be associated with an increase in fraud attacks. Year-over-year changes in average monthly attack volume are relatively unchanged for those that do not allow mcommerce, but that figure is 52% higher in the U.S. and 101% in Canada among those that do.
More retailers and ecommerce merchants have implemented mobile channel transactions since the start of the pandemic to meet changing consumer behaviors and preferences. Many merchants indicated they now follow a mobile-first strategy of designing the consumer shopping experience around a consumer's mobile web journey. Mobile wallets, buy now, pay later (BNPL) apps and social media payments enhance the customer experience. However, with that comes increased fraud risk.
Key Findings and Trends from the Study:
- Attack of the Bots: U.S. retailers and ecommerce merchants were hit hardest by malicious bot attacks. Forty percent (40%) of U.S. retailers said they have experienced an increase in bot attacks over the past 12 months. U.S. ecommerce merchants identified a significantly higher percent of transactions as malicious (35%) compared to other segments.
- Fraud Through the Customer Journey: Identity fraud is a leading reason for fraud losses across the customer journey. Many merchants indicated that new account creation and/or the point of purchase were most susceptible to fraud. However, the percentage of fraud costs attributed to account logins or compromises is fairly similar to the amount attributed to other customer journey points.
- Bringing Together Security and Customer Experience: Roughly half of merchants indicated that they have fully integrated their digital customer experience operations with fraud prevention strategies. A sizeable minority of the remaining half are at least partially moving towards this objective, including deploying solutions that work behind the scenes to uncover digital attribute and behavior anomalies while minimizing customer friction.
The LexisNexis Fraud Multiplier estimates that every $1 lost to fraud costs $4.24 for organizations that neither integrate customer experience operations with fraud prevention strategies nor focus on optimizing fraud risk-to-friction levels. However, the estimated cost of fraud for those companies that do invest in that approach falls to $3.66.
"Businesses should take a multi-layered solution approach unique to different customer journey phases, which assesses the risks and behaviors within various digital channels," said Maanas Godugunur, director, fraud and identity, LexisNexis Risk Solutions. "Study findings show that firms that follow this approach are likely to realize a lower cost of fraud, experience fewer successful fraud attacks per month and have challenges with identity verification, bot attacks and customer friction."
LexisNexis® True Cost of Fraud™ Study: Ecommerce and Retail, U.S. and Canada Edition Methodology
This is the 13th annual extensive research study on U.S. merchant fraud and the second year surveying Canadian merchants. The study surveyed 791 risk and fraud executives in retail and ecommerce companies in the U.S. (689) and Canada (102) from November through December 2021. Respondents represented a wide spectrum of retail merchants. Findings provide a current snapshot of key pain points related to adding new payment mechanisms, transacting through online and mobile channels and expanding internationally, amongst other topics. The study also reflects activity, fraud risks, challenges and costs associated with pandemic impacts. The margin of sampling error for findings reported at an overall level is +/-3.5 at the 95% confidence interval.
Download a copy of the 13th annual True Cost of Fraud™ Study: Ecommerce and Retail – U.S. and Canada Edition.
About LexisNexis Risk Solutions
LexisNexis® Risk Solutions harnesses the power of data and advanced analytics to provide insights that help businesses and governmental entities reduce risk and improve decisions to benefit people around the globe. We provide data and technology solutions for a wide range of industries including insurance, financial services, healthcare and government. Headquartered in metro Atlanta, Georgia, we have offices throughout the world and are part of RELX (LSE: REL/NYSE: RELX), a global provider of information-based analytics and decision tools for professional and business customers. For more information, please visit www.risk.lexisnexis.com and www.relx.com.
Media Contact:
Marcy Theobald
678.694.6681
Marcy.Theobald@lexisnexisrisk.com
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SOURCE LexisNexis Risk Solutions | https://www.wbay.com/prnewswire/2022/08/02/lexisnexis-risk-solutions-true-cost-fraud-study-finds-198-increase-retail-fraud-us-since-2019/ | 2022-08-02T13:11:45Z | https://www.wbay.com/prnewswire/2022/08/02/lexisnexis-risk-solutions-true-cost-fraud-study-finds-198-increase-retail-fraud-us-since-2019/ | false |
Increased OpsMx ISD solution revenues 300% compared to first half of 2021, announced general availability of AI-powered solution for improving software deliveries
SUNNYVALE, Calif., Aug. 2, 2022 /PRNewswire/ -- OpsMx, provider of an Intelligent Continuous Delivery Platform, today announced continuing strong momentum during 2022. During the first half of the year, the company increased OpsMx ISD revenues by 300% and total headcount by 200% compared to the same period in 2021. The company announced general availability of the AI-powered OpsMx ISD 2.0 platform for improving the velocity, accuracy and security of software deliveries. The company also expanded its management team, won a Silver Stevie award in the DevOps Solution category for OpsMx Autopilot, and participated in cdCon 2022, including delivering one of the keynote addresses.
"With today's rapidly evolving technologies and new economic challenges, companies are under more pressure than ever to accelerate their software deliveries and increase the productivity of their DevOps teams to more rapidly meet the needs of their customers, partners and employees with better quality software," said OpsMx CEO Gopal Dommety. "Our continuing momentum reflects that our solutions are providing the foundation these organizations need to overcome their software delivery challenges through open, AI-powered technology that increases the velocity, accuracy and security of their software development processes."
Growth
- OpsMx added another top ten Fortune 500 company to its customer list
- OpsMx ISD revenues grew 300% compared to the first half of 2021
- Total headcount grew 200% compared to the first half of 2021
- OpsMx expanded its management team to meet the growing demand for the company's solutions. David Greene was named Chief Revenue Officer, responsible for coordinating and streamlining the company's revenue-related processes. Terry Erisman was named Chief Marketing Officer, responsible for all OpsMx worldwide marketing activities.
Products, Services, Partnerships
- OpsMx announced general availability of OpsMx ISD 2.0, its AI-powered solution for improving the velocity, accuracy and security of software deliveries. The open, intelligent, automated CD solution provides deep end-to-end insights and control over the software delivery process through a single user interface.
Awards
- OpsMX was the Silver Stevie winner in the DevOps Solution Category for OpsMx Autopilot: Data-Driven Intelligence for Continuous Delivery.
Industry Thought Leadership
- cdCon 2022
- Webinars
A free trial of OpsMx ISD Continuous-Deliver-as-a-Service (CDaaS) is available on the OpsMx website.
OpsMx helps companies achieve their Digital Transformation goals of modernizing their software delivery processes and moving their applications to the Cloud. The OpsMx ISD Intelligent Continuous Delivery Platform leverages Spinnaker and Argo to provide deep end-to-end insights and control over the software delivery process through a single user interface. The solution dramatically increases the productivity of development, DevOps, and operations personnel by intelligently automating routine tasks to increase the velocity and accuracy of releases, enhances security and compliance for development teams and their workflows, and automates the Continuous Delivery process. The open platform features native integrations with more than 70 common CI/CD tools – such as Jenkins, ServiceNow, and AppDynamics – that slash time-to-value and ensure the platform can grow with changing needs. The open design with decentralized control allows development teams to continue using the tools they love, while DevOps, security and compliance teams gain the end-to-end visibility, control, and audit capabilities they require. OpsMx is trusted by leading enterprises worldwide, enabling them to ship better software faster. For more information, visit opsmx.com.
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When Nick Firchau and his wife were dating, he trekked from his Brooklyn apartment into Manhattan to buy fresh scallops to make her dinner. This was a big deal for Firchau, now 43, who rarely cooked and wanted to impress his girlfriend. According to him, she grew vocally upset because he neglected to cook a vegetable, too. “I couldn’t believe she didn’t appreciate all the effort I went to,” he told me.
He never said anything to her, though. Instead, he fumed for days — a dynamic that continued for years into their marriage. When conflict arose, and he felt hurt, Firchau let those feelings “marinate,” which led to pent-up “anger and resentment, because the air hadn’t been cleared the first time.”
Neglecting to examine and tend to emotional needs is common to many men, it turns out. For a number of reasons — many rooted in socialized norms about masculinity — men are often taught very young to diminish, or even ignore, their emotions in relationships. They do this, however, at the expense of their relationships’ health and their own well-being. When men learn to better understand their emotional needs, the payoff can be profound.
The common myth about men and emotions goes something like this: Men are wired differently than women, and, as a result, they don’t have the same emotional needs. But Israeli researchers who pored over scans of more than 1,400 brains discovered that human brain structures and features are a “mosaic,” resistant to easy binary expectations about gender or sex. Another study published last year in Nature reported that men’s and women’s emotions are, as one of the researchers put it, “clearly, consistently and unmistakably more similar than they are different.”
Instead, psychologists say these perceived differences often arise from social constructs, which starts early. “We don’t train boys to have vocabulary around their emotions beyond anger,” said Fredric Rabinowitz, chair of the psychology department at the University of Redlands in California, whose research and private practice focus on men’s mental health. This occurs, Rabinowitz said, because many boys are raised to believe that deeper emotions are separate to their being, which morphs into “unprocessed trauma.” And when men lack emotional language, they cannot explain what they are feeling.
Firchau can identify with this. Until 2018, the podcast producer and host of the “Paternal” podcast “didn’t think about my emotions in general,” he said. (I have appeared as a guest on his show.) That year, he lost his job, the stress became overwhelming, and he felt as if his identity was under siege.
“I always believed guys are supposed to have everything figured out, for ourselves and our families,” Firchau said. He worried that he couldn’t handle everything with “stoicism, confidence and emotional toughness,” which scared him, because he feared that betraying vulnerability “would make me unattractive to my wife. I was afraid I would lose her if I shared what was unraveling me.”
Like so many men who feel beleaguered, he could not express these negative emotions and, he said, became overwhelmed with stress.
Another self-inflicted barrier that prevents men from meeting their own emotional needs occurs when they check out of relational conflicts, or “stonewall.” This occurs when someone feels overwhelmed by their emotions during interpersonal conflict and then physically or emotionally disconnects, such as by walking away, changing the subject or reaching for other diversionary behaviors. Many people who practice stonewalling consider it a peacekeeping tactic, but it merely buries problems that need resolving.
Even if they no longer believe that repressing or suppressing deeper emotions makes them “stronger,” many men believe, or at least hope, that it comes without consequences. They’re wrong. Research shows, for instance, that holding in negative emotions worsens mental health, heightening symptoms of anxiety and depression, and kick-starts physiological responses linked over time to cognitive decline and cardiovascular disease.
Men aren’t the only ones who contribute to masculine stereotypes about vulnerability. Psychologist Paulette Kouffman Sherman said in an email that, despite the well-documented request for male partners to be more emotionally available, some women “don’t find it attractive.” They perceive a man’s vulnerability as “weakness, neediness,” as less masculine, a threat to traits they value in fathers who were the family “rock”: “strong, silent, fixer” types, she said.
Bill Johnson, a psychologist in suburban Chicago, said that his mostly Black clientele, a third of whom are part of the LGBTQ community, experience similar pushback from their partners. “Many men don’t feel they have an audience to talk about deeper pain and hurt in their romantic relationships. It’s difficult to have people in their lives who will do that for them. This is true for both straight and gay men.”
But there’s no question about vulnerability’s role in successful relationships. Therapists know that opening up to partners and spouses, and to potential rejection, builds and deepens trust, empathy and intimacy.
Since Firchau took the step of working with a therapist, walls have come down in his relationship. “My therapist helped me develop the language to talk about my deeper feelings and helped me validate them. And he helped me realize that they weren’t anything to feel ashamed of, that they were normal.”
Emboldened, Firchau approached his wife with his newfound literacy and confessed the truth: He had been afraid that she would regard his true feelings as weakness. He was wrong. “She told me, ‘What’s unattractive is that you were unwilling to face the problem at all.’ ”
This language, Firchau said, has broken down unproductive barriers — and created healthy ones.
“Whenever my wife and I have a heated conversation about kids or money, I know now that rather than engage in a heated argument, I need time to step away and think for myself on how to articulate what I’m feeling.” He now creates some needed space for himself and, a day or so later, shares with his wife why he felt hurt or upset. “But we hold each other accountable. And after that day has passed, we have that follow-up conversation.”
Andrew Reiner teaches at Towson University and is the author of “Better Boys, Better Men: The New Masculinity That Creates Greater Courage and Emotional Resiliency.” | https://www.washingtonpost.com/wellness/2022/08/02/masculinity-men-emotions/ | 2022-08-02T13:13:52Z | https://www.washingtonpost.com/wellness/2022/08/02/masculinity-men-emotions/ | false |
YREKA, Calif. (AP) — At least two people have died from a raging California blaze that was among several menacing thousands of homes Monday in the Western U.S.
Two bodies were found inside a charred vehicle Sunday in the driveway of a home near the remote community of Klamath River, the Siskiyou County Sheriff’s Office said in a statement. The names of the victims and other details weren’t immediately released.
The McKinney Fire in Northern California near the state line with Oregon exploded in size to nearly 87 square miles (225 square kilometers) after erupting Friday in the Klamath National Forest, firefighting officials said. It is California’s largest wildfire of the year so far and officials have not yet determined the cause.
Gusty winds from a thunderstorm powered the blaze of a few hundred acres into a massive conflagration while lightning caused a couple of smaller blazes nearby, including one near the community of Seiad Valley, fire officials said.
On Monday, heavy rain helped dampen the fire but it still threatened structures after torching more than 100, ranging from homes to greenhouses, fire and sheriff’s officials said.
About 2,500 people remained under evacuation orders.
“If you get an order, that means go. This fire behavior, as you’ll hear, is incredible. Don’t try to fight it. Don’t try to stick around,” Siskiyou County Office of Emergency Services Director Bryan Schenone said at a community meeting Monday evening.
Stormy and cloudy weather helped fire crews attack the blaze, and bulldozers had managed to ring the town of Yreka, fire officials said.
As of Monday, the blaze was about 4 miles (6.4 kilometers) from the town of around 7,500 people.
Valerie Linfoot’s son, a fire dispatcher, called to tell her their family home of three decades in Klamath River had burned. Linfoot said her husband worked as a U.S. Forest Service firefighter for years and the family did everything they could to prepare their house for a wildfire — including installing a metal roof and trimming trees and tall grasses around the property.
“It was as safe as we could make it, and it was just so dry and so hot and the fire was going so fast,” Linfoot told the Bay Area News Group. She said her neighbors have also lost homes.
“It’s a beautiful place. And from what I’ve seen, it’s just decimated. It’s absolutely destroyed,” she told the news group.
In northwestern Montana, winds picked up Monday afternoon on a fire burning in forested land west of Flathead Lake, forcing fire managers to ground all aircraft and leading the Lake County Sheriff’s Office to start evacuating residents on the northeastern corner of the fire.
The fire was putting up a lot of smoke, creating visibility problems for aircraft, said Sara Rouse, a spokesperson for the fire management team.
The fire, which started Friday afternoon near the town of Elmo on the Flathead Indian Reservation, measured 20 square miles (52 square kilometers), fire officials said.
The Moose Fire in Idaho has burned more than 85 square miles (220 square kilometers) in the Salmon-Challis National Forest while threatening homes, mining operations and fisheries near the town of Salmon. It was 23% contained Monday.
And a wildfire raging in northwestern Nebraska led to evacuations and destroyed or damaged several homes near the small city of Gering. The Carter Canyon Fire began Saturday as two separate fires that merged. It was about 30% contained by early Monday.
In California, Gov. Gavin Newsom declared a state of emergency Saturday, allowing him more flexibility to make emergency response and recovery effort decisions and to tap federal aid.
Scientists have said climate change has made the West warmer and drier over the last three decades and will continue to make weather more extreme and wildfires more frequent and destructive.
The U.S. Forest service shut down a 110-mile (177-kilometer) section of the famed Pacific Crest Trail in Northern California and southern Oregon. Sixty hikers in that area were helped to evacuate on Saturday, according to the Jackson County Sheriff’s Office in Oregon, which aided in the effort.
___
Weber reported from Los Angeles. Associated Press reporters Amy Hanson in Helena, Montana; Margery Beck in Omaha, Nebraska; and Keith Ridler in Boise, Idaho, contributed to this report. | https://cbs4indy.com/news/national-world/ap-us-news/2-bodies-found-in-burned-vehicle-in-california-wildfire-zone/ | 2022-08-02T13:14:11Z | https://cbs4indy.com/news/national-world/ap-us-news/2-bodies-found-in-burned-vehicle-in-california-wildfire-zone/ | false |
A Romantic, Modern Excelsior Wedding With the Prettiest Details
The bride and her sister built the pink-hued block seating chart.
There’s something to be said for a couple who uses their Big Day to celebrate their friends and family, too. And this couple is a prime example. Their Excelsior Lancaster wedding was filled with personalized, thoughtful elements to make their guests feel special — and the DIY design by the bride and her sister was pretty incredible, too. Hope Helmuth Photography snapped it all, below.
Kelsey Fanelli and Jerry Bowers had a particularly sweet start to their relationship. The couple, who went to rival high schools, met during a local SAT prep class in 2008. Kelsey, who grew up in Schuylkill Haven and was working at a candy shop at the time, arrived late on the first day — and made an immediate impression on Jerry, a Pottsville native. “She was very pretty and wore the awkwardness of being late so perfectly, with a sweet smile, and carrying a bag full of candy for the group.”
They began dating in 2010 and became engaged nine years later, in September 2019, during a walk at Overlook Park. And two years after that, on October 10, 2021, the couple said “I do” at Excelsior, a circa-1800s event venue in Lancaster. While it wasn’t their original date (their planned May 1st wedding was pushed back due to COVID), the resulting Big Day was everything they could have wanted.
“I think we were both surprised by how seamless the night went, especially after postponing and trying to plan during COVID,” says Kelsey, a speech language pathologist at Penn State Health Rehabilitation Hospital.
Kelsey and Jerry, a facility manager at UGI learning center, each spent the morning with their respective parties, getting ready and celebrating before the festivities really got going. And after donning her Bégum gown, Kelsey did a grand reveal with her bridesmaids, who wore dresses in various shades of desert rose and cinnamon rose, and whose reaction to the bride’s look was precious.
Even more moving, however, was Kelsey and Jerry’s first touch right before the ceremony. (They held hands on opposite sides of a doorway.) It was important to Jerry to stick with tradition, so the first time he saw his bride was when she walked down the aisle. “This moment was very special, given his genuine response,” says Kelsey. “We were both overwhelmed by emotions.”
Among the 120 guests who celebrated Kelsey and Jerry’s future together were the couple’s combined 14 nieces and nephews, many of whom were attending a wedding for the first time. To make them feel special, the duo gave each of the girls a tussy-mussy (small bouquet) and the boys mini boutonnieres.
The couple read the vows they’d written themselves. “It was extra special since many of our guests had been there since the beginning of our relationship or have been a part of many memories together over the past decade,” notes Kelsey.
Ask the bride what her favorite part was, and she’ll say designing the decor for the Big Day with her sister and maid of honor. “It was special to be able to share the designing, planning and executing over several days and months,” she says. “It was surprisingly fun and amazing to see how it all came together.”
Among the details were three seating-chart blocks in pink and peach hues, signage for table numbers, drinks and desserts and place cards with wax seals — elements that helped create a romantic aesthetic complemented by an industrial and modern vibe.
The reception was otherwise filled with thoughtful and cheery decor. More than 150 glass candlesticks with tapered candles in various colors accented the dining tables. There were arrangements of greenery, roses, dahlias, zinnia, ranunculus, grevillea and willow eucalyptus. Custom steel planters built by Michaud Iron & Wood Design, which were originally used in the ceremony and were filled with amaranthus, hydrangea, kale and ‘Bells-of-Ireland,’ were also transitioned to the reception.
The couple traded a traditional guest book for After the Tone, a voicemail “guest book” that allows the couple to listen to recordings left by their attendees during the wedding. Notes the bride: “It was such a unique way to capture the memories and emotions from our day and also made for a lot of laughs.”
A rose gold grid bearing a neon sign that read “love your love the most” served as the photo booth backdrop.
And after the wedding, the couple had one last special surprise — they stuffed their thank-you cards with photos of their guests from the Big Day.
THE DETAILS
Photographer: Hope Helmuth Photography | Venue: Excelsior Lancaster | Day-Of Coordinator: Danielle Soucier-Ernst of Your Sweetest Day Events | Florals: Sandra Porterfield Floral Design | Catering: Signature Catering on King | Bride’s Gown: Bégum Bridal Design House from The Wedding Factor | Veil: Malis-Henderson | Hairpiece: Ulyana Aster | Bridesmaids’ Attire: Revelry, Azazie, Lulus and David’s Bridal | Hair: Tina Liddick of MKUP The Beauty Studio | Makeup: Maggie King of MKUP The Beauty Studio | Groom’s Attire: Central PA Tuxedo | Entertainment: 3 West Productions | Desserts: Bistro Barberet & Bakery | Invitations: Minted | Videography: Sage Design & Co. | Celebrant: Stephanie Gundy | Alcohol Coordinator: Traveling Tap | Rings: Brent Miller Jewelers (retailer); Mars Fine Jewelry (engagement and bride’s wedding ring); Benchmark (groom’s ring) | Custom Steel Planters: Michaud Iron & Wood Design
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WASHINGTON (AP) — A bipartisan group of senators is pushing compromise legislation to restore abortion access in the wake of the Supreme Court decision to overturn Roe v. Wade, a long shot effort to put a majority of the Senate on the record opposing the decision.
While the bill is not expected to pass — and is unlikely to even get a vote — the legislation introduced by two Republicans and two Democrats on Monday is intended to send a signal to state legislatures and the public that a majority of the Senate supports codifying Roe, even if they can’t get the necessary 60 votes to pass it in the 50-50 Senate.
“We still think there is utility in showing there is a bipartisan majority that would want to codify Roe,” even though the bill doesn’t have enough votes, said Democratic Sen. Tim Kaine of Virginia, who introduced the legislation with Democratic Sen. Kyrsten Sinema of Arizona and Republican Sens. Susan Collins of Maine and Lisa Murkowski of Alaska.
The legislation would prohibit most state regulations that prevent abortion access before fetal viability, generally considered to be around 24 weeks. It would allow state restrictions after that point, as long as the mother’s life is protected. It would also protect access to contraception, an issue after Justice Clarence Thomas suggested in a concurring opinion to the decision overturning Roe that decisions guaranteeing access to contraception and other rights may need to be revisited.
The bipartisan bill is narrower than legislation preferred by most Democrats — passed by the House but blocked by Senate Republicans — that would have protected abortion rights and expanded them beyond what was allowed in the landmark 1972 Roe v. Wade decision. Democratic Sen. Joe Manchin of West Virginia, Collins and Murkowski all voted against that bill despite opposition to the overturning of Roe.
Kaine said he felt like Democrats “left votes on the table” after that effort. He said he was encouraged by a new law designed to reduce gun violence that passed the House and Senate after horrific shootings in Texas and New York.
“There were not 60 votes either” for that legislation until members decided that inaction was no longer an option, he said.
Democrats would need 10 Republican votes to overcome a filibuster and get a bill through the 50-50 Senate, but only Collins and Murkowski have publicly backed abortion rights.
By overturning Roe, the court has allowed states to enact strict abortion limits, including many that had previously been deemed unconstitutional. The ruling is expected to lead to abortion bans in roughly half of the states.
Already, a number of GOP-controlled states have moved quickly to curtail or outlaw abortion, while states controlled by Democrats have sought to champion access. Voters now rank abortion as among the most pressing issues facing the country, a shift in priorities that Democrats hope will reshape the political landscape in their favor for the midterm elections.
The support of Kaine and Sinema, a moderate, comes as some activists have accused President Joe Biden and other top Democrats of failing to respond forcefully enough to the decision.
Kaine said there is an increased sense of urgency since the June decision, and suggested he or others may go to the floor at some point and request a vote, an effort that is unlikely to succeed but could call attention to the bill as majorities of Americans say they disagree with the Supreme Court decision.
“People are paying attention to it,” Kaine said. | https://cbs4indy.com/news/politics/ap-politics/bipartisan-compromise-bill-would-restore-abortion-rights/ | 2022-08-02T13:18:49Z | https://cbs4indy.com/news/politics/ap-politics/bipartisan-compromise-bill-would-restore-abortion-rights/ | false |
Body of a man found near Gloucester city car park
- Published
The body of a man has been found by a city centre multi-storey car park.
Gloucestershire Police said a member of the public contacted the force after finding the man close to the Longsmith Street car park in Gloucester just before 06:30 BST.
"The circumstances of the man's death have not yet been determined," said a spokesperson.
The area remains cordoned off as police continue their investigations.
The police spokesperson added: "Longsmith street, running from Southgate Street to Ladybellegate Street, has been sealed off and several police cars and officers on foot are at the scene."
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AUSTIN, Texas, Aug. 2, 2022 /PRNewswire/ -- Long View Equity (the "Company") in partnership with Endeavor Real Estate Group announced the acquisition of a 5.6 acre commercial parcel that fronts Highway 290 W in Austin, TX. The property is in the ETJ of Dripping Springs. The commercial development, called Sawyer Ranch, will be a retail and office mixed-used development. It is anticipated there will be roughly 14,000 sf of retail and 13,000 sf of office space upon completion of the project. The development is aimed at breaking ground Q1 2023 with a Q4 2023 delivery. To-date, there has been strong interest in new retail at the project, which is currently 55% pre-leased.
Long View Equity is actively pursuing acquisition opportunities across office, industrial, and retail asset classes in major Texas markets. Daniel Campbell, Managing Director at Long View Equity, commented "With Sawyer Ranch, we have the opportunity to further invest in the Dripping Springs market which has experienced significant growth over the last 5 years that we expect to continue. Dripping Springs has very limited supply of new retail and office product and we expect to be able to put this project in production quickly in order to meet this demand and lack of supply."
Long View Equity, LLC, founded in 2010, is an Austin, Texas based investment management company that oversees investment decisions and operations of real estate investment funds and other syndicated investment vehicles. Long View Equity's core purpose is to create long-term value for its 100+ investors by making well-thought-out investment decisions, exercising diligence in management, and continually seeking out opportunities to create value. The Company pursues strategies involving the direct acquisition of core-plus and value-added investments and has a proven 10+ year track record of operating over 50 office, retail, or industrial real estate properties located primarily in metropolitan markets in Texas.
For more information about Long View Equity, please visit: www.longviewequity.com
Contact: Long View Equity
Daniel Campbell
(512) 377-9395
dcampbell@longviewequity.com
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As NFT use cases diversify, the need for privacy increases.
PALO ALTO, Calif., Aug. 2, 2022 /PRNewswire/ -- Findora and Omni X have announced a new partnership on social media to advance privacy for NFTs. The partnership will bring together leading teams in Web3 privacy and interoperability, opening a new frontier in potential NFT utility.
With NFTs taking on use cases beyond digital art, privacy and interoperability become increasingly important. NFTs may soon have real-world applications like proving ownership, verifying votes, and credentialization – all of which will depend on a private and interoperable network. Findora and Omni X seek to create that network.
Both projects feature exciting new technology for Web3. Findora is a leader in zero-knowledge proofs and smart-contract privacy, and Omni X is on the cutting-edge of NFT interoperability.
Findora revolutionizes blockchain technology, integrating a UTXO ledger optimized for zero-knowledge proofs with an EVM extension. By parallelizing these layers, Findora lets developers leverage the utility of both models. Findora is not only a Layer 2 scaling project nor just a private payment application, but rather a settlement layer for Web3 with native privacy and EVM programmability.
Omni X is more than an NFT marketplace - it liberates NFTs from the chains on which they were minted. "But we aren't stopping there," said Daniel Koshman, Founder of Omni X. "This partnership with Findora allows us not only to transform the NFT space but also prepare it for its next iteration."
"We couldn't be more excited for the partnership," said Dylan Kawalec, Findora's head of Business development. "We've predicted the need for privacy NFTs for a long time and working with Omni X will allow us to be the first to build next-generation infrastructure for NFTs."
Findora scales Ethereum privacy with next-generation zero-knowledge proof technology. Findora is poised to use privacy to make DeFi a safe place for individuals and financial institutions. Learn more at findora.org.
Omni X is the first natively omnichain NFT platform and marketplace. Powered by LayerZero technology, Omni X connects communities and creators to unparalleled liquidity and already supports Ethereum, Arbitrum, Optimism, BNB Chain, Avalanche, Polygon, and Fantom, with Flow and Aptos integrations coming soon. Learn more at omni-x.io
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ZeeVee to Present at Organization's Marketing Summit in Cincinnati this Month
LITTLETON, Mass. and TULSA, Okla. , Aug. 2, 2022 /PRNewswire/ -- The PSNI Global Alliance, a worldwide network of trusted AV and unified communications and collaboration (UCC) experts, has selected ZeeVee, Inc. to join the organization as a Global Preferred Vendor Partner (PVP).
ZeeVee is a leading global provider of AV distribution technology well known for its innovative, cost-effective and easy to install AVoIP and RF distribution platforms.
PSNI Global Alliance is a network of elite technology integrators, manufacturers, distributors and service providers in more than 50 countries across six continents. It is committed to promoting standardization, best practices, global support and customer satisfaction with one unified voice in the audiovisual industry.
"We carefully vet all prospective Preferred Vendor Partners that play a crucial role in serving our varied clientele with resources and expertise for merging systems that cover IT, security, environmental control, managed services and AV/UCC solutions and services," said Tom Roberts, PSNI Global Alliance Vendor program Director. "ZeeVee is an exceptional organization that consistently delivers the best in both product quality and service which dovetails with our mission and meets the needs of our network of partners and end-users."
ZeeVee will participate in the PSNI Marketing Summit set for August 10 and 11 in Cincinnati. On the first day, the company will be formally admitted into the organization and will present its credentials during its own "PVP Session." On day 2, ZeeVee will participate in marketing sessions focused on deploying systems leveraging the latest technologies and best practices.
Joe Chordas, ZeeVee's vice president, North American Sales and Corporate Marketing, believes the PVP designation will provide his company with added international exposure and the benefit of The Alliance's extensive knowledge base. He notes the enthusiastic reception of ZeeVee's offerings received from dozens of integrators when he introduced them at the PSNI Design Summit in St. Louis last month.
"PSNI Global Alliance is well known for maintaining the highest standards in its selection process," said Chordas. "Being named a Preferred Vendor Partner is a critically important industry credential. Having previously worked with several international PSNI Certified Solution Providers on an ad hoc basis, we recognize the strength and quality of the organization. We know it will help us to extend our reach to additional markets."
PSNI Global Alliance is the world's most recognized network of AV integrators, manufacturers, distributors, and service partners, with a presence in more than 200 cities worldwide. Its innovative model allows best-in-class providers to work as one, bringing scalable, standardized technology solutions and managed services to organizations everywhere. With proprietary global deployment and services certifications, and truly localized support, The Alliance improves the integration and optimization of technology solutions so organizations around the world can transform the ways we work and live.
ZeeVee (www.zeevee.com) is a leading provider of AV distribution technology. The company has transformed the digital video industry with its award-winning encoders, decoders and software solutions for the pro AV and IT marketplace. Integrators and consultants rely on ZeeVee for its innovative, cost-effective and easy to install AVoIP and RF distribution platforms for their corporate, higher education, government, healthcare, casino, museum, hospitality and retail customers. A founding member of the SDVoE Alliance, ZeeVee holds a GSA schedule, and its products are TAA-compliant. ZeeVee is headquartered in the greater Boston area with European HQ in Augsburg, Germany and SE Asian offices in Singapore.
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SOURCE ZeeVee | https://www.kxii.com/prnewswire/2022/08/02/psni-global-alliance-appoints-zeevee-global-preferred-vendor-partner/ | 2022-08-02T13:25:55Z | https://www.kxii.com/prnewswire/2022/08/02/psni-global-alliance-appoints-zeevee-global-preferred-vendor-partner/ | false |
- Brad Pritchard Joins Runway as Managing Director, Technology, Bringing More Than 20 Years of Experience -
WOODSIDE, Calif., Aug. 2, 2022 /PRNewswire/ -- Runway Growth Capital LLC ("Runway" or the "Company"), a leading provider of growth loans to both venture and non-venture backed companies seeking an alternative to raising equity, announced today that it has hired Brad Pritchard as Managing Director, Technology.
Operating out of the Silicon Valley office and reporting directly to Founder, Chief Executive Officer, and Chief Investment Officer, David Spreng, Pritchard will primarily make investments in the broader technology industry, including in companies focused on sustainability. Additionally, he will target top venture capital firms and the management teams of leading late-stage technology companies.
"Brad will be responsible for identifying technology companies who can benefit from venture debt, whether to help them grow and scale their businesses or to avoid a down round amidst unfavorable market conditions," said Spreng. "Brad is an expert in building rapport with management teams and helping them optimize their capital structure. His network and industry knowledge will bolster new and existing relationships, help keep Runway top-of-mind with companies seeking the flexible financing that venture debt offers, and significantly deepen our bench strength in technology origination. We are thrilled to welcome Brad to Runway."
Before Runway, Pritchard was a Managing Director at BlackRock for more than eight years and led the venture lending efforts globally. As part of BlackRock's U.S. Private Capital ("USPC") group, he originated, executed, and managed new investment opportunities in technology and technology-related companies. He also served on both the Investment Committee and the Valuation Committee for USPC, and was President and Chief Operating Officer of BlackRock Direct Lending Corp, a private business development company ("BDC").
"Runway has great people, an incredible reputation and is a leading investment platform in venture and growth lending," explained Pritchard. "It is exciting to join Runway, a firm that is clearly passionate about lending to exceptional companies with outstanding management teams. I view this as a fantastic opportunity to work with David and the rest of the talented Runway team to provide customized financing solutions that address a company's liquidity needs while minimizing dilution."
Pritchard has more than 20 years of experience helping companies raise debt and equity as an investor and investment banker. Before joining BlackRock, he was a Managing Director at Hercules Capital, a venture lending BDC. Prior to Hercules, he worked at several leading financial services companies, including Wells Fargo Securities, Banc of America Securities, SG Cowen and GE Capital. Pritchard earned an M.B.A. from The Wharton School of the University of Pennsylvania and a B.A. from the University of California, Berkeley.
Runway Growth Capital LLC is the investment advisor to investment funds, including Runway Growth Finance Corp. (NASDAQ: RWAY), a business development company, and other private funds, which are lenders of growth capital to companies seeking an alternative to raising equity. Led by industry veteran David Spreng, these funds provide senior term loans of $10 million to $75 million to fast-growing companies based in the United States and Canada. For more information on Runway Growth Capital LLC and its platform, please visit our website at www.runwaygrowth.com.
Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition, or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Runway Growth's filings with the Securities and Exchange Commission. Runway Growth undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
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TORONTO (AP) _ Sprott Inc. (SII) on Tuesday reported profit of $757,000 in its second quarter.
The Toronto-based company said it had profit of 3 cents per share.
The company posted revenue of $30.6 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SII at https://www.zacks.com/ap/SII | https://www.sfgate.com/business/article/Sprott-Q2-Earnings-Snapshot-17345095.php | 2022-08-02T13:27:58Z | https://www.sfgate.com/business/article/Sprott-Q2-Earnings-Snapshot-17345095.php | false |
Evolution of Man & Woman of the Year and Students of the Year campaigns honor the vision that dedicated leaders bring to making the impossible possible
RYE BROOK, N.Y., Aug. 2, 2022 /PRNewswire/ -- The global leader in the fight against blood cancer, The Leukemia & Lymphoma Society (LLS), continues to reach new heights in enhancing its fundraising campaigns. Today, LLS announced the evolution of its signature campaigns, Man & Woman of the Year and Students of Year. Focused on innovating participant experiences and embracing the unified resolve to create a better world – one without blood cancers – Man & Woman of the Year and Students of Year are transitioning nationwide in 152 markets to LLS Visionaries of the Year and LLS Student Visionaries of the Year.
Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/8922357-lls-announces-visionaries-of-the-year-campaigns-to-advance-mission/
Over the past three decades, the campaigns have proven to be about much more than individuals and teams winning a competition — it is about incredible leaders from diverse experiences and backgrounds stepping up and leading others to raise critical funds to end blood cancer.
"The evolution of LLS's Visionaries and Student Visionaries of the Year invites different views and perspectives, all working together extraordinarily, to be leaders in the cancer space today, tomorrow and into the future," said Louis J. DeGennaro, Ph.D., LLS president and CEO. "This is so much more than a name change. Together, we are expanding and transforming the landscape of blood cancer care and support so blood cancer patients not only survive but thrive."
"More than 70 years ago, a family lost their son to leukemia and turned that grief into a vision that blood cancers could one day be curable, said Coker Powell, LLS Chief Development Officer. "As we look to the future, LLS will continue to tap into our long history of innovation and creative thinking to create enhanced experiences that support, inspire and recognize the campaign's candidates in the most meaningful way possible."
Ten markets executed LLS Visionaries of the Year in 2022. These incredible candidates proved their vision of a world without blood cancer could one day become a reality — the results of the first-ever LLS Visionaries of the Year were astounding.
Deborah Sturges, Owner, President and CEO of Hallmark Home Mortgage of Fort Wayne, IN, was named 2022 National Visionary of the Year, raising an incredible $302,528.
Sturges has been asked many times before to run in the iconic campaign. She accepted her nomination in 2022 because she was enthralled by the evolution of Visionaries of the Year. "Being the National Visionary of the Year displays the generosity and care of our community," said Sturges. "Northeast Indiana stepped up to this cause and has proven its commitment and desire to cement a legacy in fighting leukemia and lymphoma."
Sturges dedicated her efforts to LLS in honor of two dear friends, Jaxson and Chrissy, both cancer survivors.
Visionary of the Year Runner-up, Richard Schwartz, an Executive Vice President at Red Hour Films in Los Angeles, CA, raised $196,505.
Schwartz's father was diagnosed with lymphoma in 2020, and in 2021 his doctor administered a new immunotherapy treatment, which led to his remission. When he learned LLS was an investor in the research of the therapy his father received, that is what ultimately led him to run for Visionary of the Year.
Visionary of the Year All Star, Liz Sczudlo, a writer and producer in Los Angeles, CA raised $195,365. She ran in honor of her sister, Lauren, who was diagnosed with refractory Hodgkin lymphoma in 2011 when the typical survival rate was below 30%. Still, after months of harsh treatment, she received a stem cell transplant and has been cancer-free ever since.
For more information or to get involved, visit llsvisionaries.org or llsstudentvisionaries.org and follow on social media, @LLSusa, #LLSVisionaries.
Blood cancer patients and their families should contact the LLS Information Resource Center at (800) 955-4572, Monday through Friday, 9 a.m. to 9 p.m., ET.
About The Leukemia & Lymphoma Society
The Leukemia & Lymphoma Society® (LLS) is a global leader in the fight against blood cancer. The LLS mission: Cure leukemia, lymphoma, Hodgkin's disease and myeloma, and improve the quality of life of patients and their families. LLS funds lifesaving blood cancer research around the world, provides free information and support services, and is the voice for all blood cancer patients seeking access to quality, affordable, coordinated care.
Founded in 1949 and headquartered in Rye Brook, NY, LLS has regions throughout the United States and Canada. To learn more, visit www.LLS.org. Patients should contact the Information Resource Center at (800) 955-4572, Monday through Friday, 9 a.m. to 9 p.m. ET.
For additional information visit lls.org/lls-newsnetwork. Follow us on Facebook, Twitter, and Instagram.
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SOURCE The Leukemia & Lymphoma Society (LLS) | https://www.kalb.com/prnewswire/2022/08/02/leukemia-amp-lymphoma-society-announces-visionaries-year-campaigns-advance-mission/ | 2022-08-02T13:30:39Z | https://www.kalb.com/prnewswire/2022/08/02/leukemia-amp-lymphoma-society-announces-visionaries-year-campaigns-advance-mission/ | true |
SOUTHLAKE, Texas (AP) _ Sabre Corp. (SABR) on Tuesday reported a loss of $187.4 million in its second quarter.
On a per-share basis, the Southlake, Texas-based company said it had a loss of 59 cents. Losses, adjusted for non-recurring costs and stock option expense, came to 25 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 35 cents per share.
The provider of technology services to the travel industry posted revenue of $657.5 million in the period.
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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 SABR at https://www.zacks.com/ap/SABR | https://www.sfchronicle.com/business/article/Sabre-Q2-Earnings-Snapshot-17345003.php | 2022-08-02T13:31:50Z | https://www.sfchronicle.com/business/article/Sabre-Q2-Earnings-Snapshot-17345003.php | true |
The premier training provider for the service industry equips HVACR instructors and apprentices across the U.S. with the top tech-enablement platform
NASHVILLE, Tenn., Aug. 2, 2022 /PRNewswire/ -- XOi Technologies, a leading provider of technician-focused technology solutions, and the United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry of the United States, Canada (UA) announce a partnership that delivers XOi's innovative AI-based tech-enablement solution to HVACR instructors and registered service apprentices across the United States.
"XOi combines many critical functions for UA instructors and apprentices and other field professionals in a single platform," said UA training specialist Robert Vilches. "In addition to its streamlined workflows and best-in-class data indexing and analytics, XOi keeps UA apprentices and instructors connected in the field and provides instructors with unrivaled insight into how students perform on the job. And XOi's first-to-market virtual mentor support extends training from the classroom to the jobsite, so apprentices can continue to learn while they're in the field."
XOi's deep data cataloging capabilities, advanced AI-driven analytics, and intuitive remote support options enhance the value of UA's training programs, giving the organization resources to help contractors close the skilled labor gap.
"This partnership is an opportunity to maximize the UA's proven training programs and to strategically extend XOi's position as a top innovator in the industry," said Aaron Salow, founder and CEO of XOi. "By equipping their apprentices and instructors with our powerful solutions, the UA is empowering the next generation of skilled labor talent with in-depth, hands-on education that will help contractors face the continuing labor shortage in the service industry."
XOi's advanced cloud-based solution allows field service technicians to utilize, aggregate and analyze critical job data and maximize customer value through industry-leading efficiency, accuracy and accountability. With a full suite of standardized workflows, job documentation capabilities, and technician training and enablement solutions, teams can build deep and easily accessible institutional knowledge bases that support real-time decision-making and data-based continuity. Service teams can apply these extensive data-science capabilities to analyze those foundational elements and strategically respond to evolving data trends and forecasts.
The UA represents 355,000 plumbers, pipefitters, sprinkler fitters, service technicians and welders across North America. The UA offers the premier training programs available in the industry today, including five-year apprenticeship programs, extensive journeyman training, a comprehensive five-year instructor training program, and numerous certification programs. The UA helps signatory contractors grow their market share by identifying new opportunities, providing support, and connecting them to the safest, skilled, and most highly trained workforce in the industry.
For more information about XOi, visit https://xoi.io.
For more information about UA, visit https://ua.org.
About XOi Technologies
XOi Technologies, the leading provider of technician-first smart technology for commercial and residential field service companies, delivers innovative artificial intelligence-based solutions that empower field service teams to drive productivity, elevate customer experience and help close the skilled labor gap. Developed to meet the unique challenges of an industry traditionally underserved by technology, XOi equips field service professionals with groundbreaking technician-enablement tools, including remote support, visual documentation, immediate on-the-job insights and training resources, asset and team management functions, and a comprehensive knowledge base leveraging data from current and historical projects. With a proven record of innovation and demonstrated commitment to the hard-working men and women in the field service industries, XOi has distinguished itself as a pioneer in technician-focused solutions that bring efficiency, transparency, and expertise to every jobsite. For more information about XOi, visit https://xoi.io.
About United Association of Journeymen and Apprentices of the Plumbing and Pipe Fitting Industry of the United States, Canada (UA)
The UA represents 355,000 plumbers, pipefitters, sprinkler fitters, service technicians and welders across North America. The UA offers the premier training programs available in the industry today, including five-year apprenticeship programs, extensive journeyman training, a comprehensive five-year instructor training program, and numerous certification programs. The UA helps signatory contractors grow their market share by identifying new opportunities, providing support, and connecting them to the safest, skilled, and most highly trained workforce in the industry. Visit https://ua.org.
MEDIA CONTACT:
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com
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SOURCE XOi Technologies | https://www.wbrc.com/prnewswire/2022/08/02/ua-xoi-work-together-train-next-generation-skilled-labor-talent/ | 2022-08-02T13:33:14Z | https://www.wbrc.com/prnewswire/2022/08/02/ua-xoi-work-together-train-next-generation-skilled-labor-talent/ | false |
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- Ready Capital Corporation (NYSE: RC) (the "Company") today announced that the Company will release its second quarter 2022 financial results after the New York Stock Exchange closes on Thursday, August 4, 2022. Management will host a webcast and conference call on Friday, August 5, 2022 at 8:30 a.m. Eastern Time to provide a general business update and discuss the financial results for the quarter ended June 30, 2022.
Webcast:
The Company encourages use of the webcast due to potential extended wait times to access the conference call via dial-in. The webcast of the conference call will be available in the Investor Relations section of the Company's website at www.readycapital.com. To listen to a live broadcast, go to the site at least 15 minutes prior to the scheduled start time in order to register, download and install any necessary audio software.
Dial in:
The conference call can be accessed by dialing 877-407-0792 (domestic) or 201-689-8263 (international).
Replay:
A replay of the call will also be available on the Company's website approximately two hours after the live call through August 19, 2022. To access the replay, dial 844-512-2921 (domestic) or 412-317-6671 (international). The replay pin number is 13730375.
About Ready Capital Corporation
Ready Capital Corporation (NYSE: RC) is a multi-strategy real estate finance company that originates, acquires, finances and services small- to medium-sized balance commercial loans. Ready Capital specializes in loans backed by commercial real estate, including agency multifamily, investor and bridge as well as U.S. Small Business Administration loans under its Section 7(a) program. Headquartered in New York, New York, Ready Capital employs over 600 lending professionals nationwide.
Contact
Investor Relations
Ready Capital Corporation
212-257-4666
InvestorRelations@readycapital.com
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SOURCE Ready Capital Corporation | https://www.kalb.com/prnewswire/2022/08/02/ready-capital-corporation-announces-second-quarter-2022-results-webcast-call/ | 2022-08-02T13:33:27Z | https://www.kalb.com/prnewswire/2022/08/02/ready-capital-corporation-announces-second-quarter-2022-results-webcast-call/ | false |
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