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Warning over 15% inflation as rates set for fastest rise in nearly 30 years
The Bank of England is widely expected to hike rates by the highest level in nearly three decades on Thursday after experts warned that inflation could peak at 15%.
Decision makers on the Bank’s Monetary Policy Committee (MPC) will increase interest rates from 1.25% to 1.75%, analysts believe, as they try to bring inflation back under control.
Previous Bank predictions forecast that Consumer Prices Index inflation would peak at around 11% this autumn, before falling back.
But on Wednesday the Resolution Foundation think tank warned of further misery to come. While the prices of some global commodities, such as oil, have come off their peaks, the gas price is obliterating household budgets.
“It is now plausible inflation could rise to 15% in the first quarter of 2023,” the foundation said.
Gas prices are expected to be around 50% higher this winter than they were following the full-scale Russian attack on Ukraine.
The Bank will reveal its new interest rate on Thursday. (Yui Mok/PA)
“The outlook for inflation is highly uncertain, largely driven by unpredictable gas prices, but changes over recent months suggest that the Bank of England is likely to forecast a higher and later peak for inflation – potentially up to 15% in early 2023,” said Jack Leslie, senior economist at the Resolution Foundation.
“While market prices for some core goods – including oil, corn and wheat – have fallen since their peak earlier this year, these prices haven’t yet fed through into consumer costs and remain considerably higher than they were in January.”
According to the latest forecasts from consultancy Cornwall Insight, the energy price cap will remain higher than £3,300 from October to at least the start of 2024.
Analysts will be watching out on Thursday for an inflation forecast from the Bank, and for forecasts for gross domestic product (GDP).
New analysis from the National Institute of Economic and Social Research (NIESR) this week said that the UK is sliding into a recession. So economists will be keen to know the Bank’s take.
Eyes will also be on the more immediate interest rate decision.
At the last meeting in June, three MPC members had already voted for the MPC to speed up its rate hikes, as some other central banks around the world have.
“After a number of central banks across the world have picked up the pace of their tightening cycle, the Bank of England is starting to look like something of a laggard when it comes to raising rates,” said Luke Bartholomew, a senior economist at asset manager Abrdn.
“We expect this impression to be somewhat corrected next week with the Bank hiking interest rates by half a per cent.”
It would be the biggest single interest rate hike since 1995. The last time rates rose by more than 0.5% was 1989.
“Markets are putting an 87% chance on a 0.5% increase to 1.75% at this meeting,” said Russ Mould, investment director at AJ Bell.
But the markets are still giving an approximately one in eight chance that rates will not go up by the full half point.
Samuel Tombs and Gabriella Dickens, economists at Pantheon Macroeconomics, argued that market watchers should not take a big hike for granted.
“The MPC’s interest rate decision next week is a very close call, but on balance we think the committee will stick to its slow and steady approach,” they said.
“The MPC began its tightening cycle earlier than the US Fed and the ECB (European Central Bank), leaving it with less need to rush now,” they said.
“We doubt the MPC will judge Bank Rate needs to rise as quickly as markets expect.” | https://www.dailymail.co.uk/wires/pa/article-11076993/Warning-15-inflation-rates-set-fastest-rise-nearly-30-years.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-08-03T13:08:09Z | https://www.dailymail.co.uk/wires/pa/article-11076993/Warning-15-inflation-rates-set-fastest-rise-nearly-30-years.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | false |
LUXEMBOURG, Aug. 3, 2022 /PRNewswire/ -- Swiss Insured Brazil Power Finance S.à r.l., a private limited liability company (société à responsabilité limitée), incorporated and existing under Luxembourg law, having its registered office at 16, rue Eugène Ruppert, L – 2453 Luxembourg, Grand Duchy of Luxembourg, registered with the Luxembourg Register of Commerce and Companies under number B 217648 (the "Company"), previously launched a consent solicitation (the "Consent Solicitation") in relation to its 9.850% Senior Secured Notes due 2032 with ISIN USL8915MAA38/US870880AA90 (the "Notes") pursuant to the consent solicitation statement, dated July 20, 2022 (as supplemented and amended prior to the date hereof, the "Statement"). Capitalized terms used, but not defined, in this announcement (the "Announcement") have the meanings assigned to them in the Statement.
The Company today announces that it has received the Requisite Consents under the Indenture and the Uninsured Loan Agreement. Accordingly, the Consent Effective Time has occurred and the Company will instruct the Fiduciary Agent to consent to effectuate and/or enter into the Proposed Consent and Amendments and to consent to and do any other acts necessary to give effect to the CELSE Consent and Amendment Authorization, and upon receipt of all other consents required under the Intercreditor Agreement, the Debenture Indenture and the Project Intercreditor Agreement, the CELSE Consent and Amendment Authorization will become effective once the other conditions thereto have been satisfied. The consent to the Proposed Consent and Amendments and the CELSE Consent and Amendment Authorization is effective and operative as to all Holders, whether or not such Holders delivered a Consent or otherwise affirmatively objected to the consent to the Proposed Consent and Amendments; provided that, in accordance with the terms of the Indenture, unless the Consent Payment has been made on or prior to the Outside Date, each Consent provided pursuant to the Consent Solicitation shall be ineffective and deemed revoked and the Proposed Consent and Amendments and the CELSE Consent and Amendment Authorization and any amendments or consents resulting therefrom shall be void ab initio.
The Consent Solicitation will expire at the previously announced Expiration Time of 5:00 p.m. (New York City time) on August 3, 2022. As the Consent Effective Time has occurred, delivered Consents may not be validly revoked.
As previously announced, the aggregate Consent Payment payable to Holders who validly deliver their Consent at or prior to the Expiration Time, will be 1.00% of R$3,201,500,000 initial aggregate principal amount of Notes (the "Original Face Value"), or R$32,015,000, to be shared by all such consenting Holders. Specifically, the Consent Payment will be an amount, per R$1,000 of Original Face Value of Notes for which Holders have validly delivered Consents prior to the Expiration Time, equal to the product of R$10.00 multiplied by a fraction, the numerator of which is the Original Face Value of the Notes outstanding as of the Expiration Time and the denominator of which is the Original Face Value of Notes for which Holders have validly delivered Consents prior to the Expiration Time. As a result, the Consent Payment for the Notes will range from R$10.00 per R$1,000 (if all Holders consent) to approximately R$19.51 per R$1,000 (if Holders of 51.25% of the Original Face Value of Notes consent).
Subject to the consummation of any one of the Proposed Transactions and the other conditions described in the Statement, the Company expects to pay the previously announced Consent Payment upon the earlier of (i) the third business day following the consummation or termination, as applicable, of the Proposed Transactions and (ii) October 17, 2022. The Consent Payment will be paid to holders who validly delivered their Consents at or prior to the Expiration Time. The Consent Payment is calculated using the Original Face Value of the Notes. The Consent Payment is denominated in Brazilian Reais but will settle in U.S. dollars as converted based on the prevailing Reais / U.S. Dollar spot rate on the close of business on the Expiration Date of the Consent Solicitation as shown on the Bloomberg "BRLUSD Curncy" screen (provided that if such spot rate is not available on the Bloomberg "BRLUSD Curncy" screen, then the Bloomberg FXIP screen shall be used or such other source as mutually agreed by the Company and the Solicitation Agent).
The Company expressly reserves the right to amend, extend or terminate the Consent Solicitation or waive any unsatisfied conditions to the Consent Solicitation, in each case, in accordance with the terms set forth in the Statement. Holders are urged to review the Statement for the detailed terms of the Consent Solicitation and the procedures for providing their Consent. This Announcement is for information purposes only and is neither an offer to sell nor a solicitation of an offer to buy the Notes or any other securities. No recommendation is being made as to whether Holders should Consent pursuant to the Consent Solicitation. The Consent Solicitation is not being made in any jurisdiction in which, or to or from any person to or from whom, it is unlawful to make such solicitation under applicable state or foreign securities or "blue sky" laws. The Notes are currently listed on the Official List of the Luxembourg Stock Exchange (the "LuxSE") and admitted to trading on the Euro MTF market of the LuxSE.
THE SOLICITATION AGENT
Questions or requests for assistance concerning the terms of the Consent Solicitation should be directed to:
Goldman Sachs & Co. LLC
200 West Street
New York, New York 10282
Attention: Liability Management Group
U.S. Toll-free: +1 (800) 828-3182
Collect: (212) 357-1452
Email: GS-LM-NYC@gs.com
THE INFORMATION AND TABULATION AGENT
Requests for additional copies of the Statement and assistance relating to the procedures for delivering Consents should be directed to:
D.F. King & Co., Inc.
48 Wall Street, 22nd Floor
New York, New York 10005
Email: celse@dfking.com
Toll-Free: +1 (866) 745-0267
Collect: +1 (212) 269-5550
Attn: Michael Horthman
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SOURCE Swiss Insured Brazil Power Finance S.à r.l. | https://www.wkyt.com/prnewswire/2022/08/03/swiss-insured-brazil-power-finance-s-rl-9850-senior-secured-notes-due-2032-successful-consent-solicitation/ | 2022-08-03T13:08:41Z | https://www.wkyt.com/prnewswire/2022/08/03/swiss-insured-brazil-power-finance-s-rl-9850-senior-secured-notes-due-2032-successful-consent-solicitation/ | false |
KYIV, Ukraine — The first ship carrying Ukrainian grain set out from the port of Odesa on Monday under a deal brokered by the United Nations and Turkey that is expected to release large stores of Ukrainian crops to foreign markets and ease a growing food crisis.
The Sierra Leone-flagged cargo ship Razoni left Odesa carrying more than 26,000 tons of corn destined for Lebanon.
“The first grain ship since Russian aggression has left port,” said Ukraine’s Minister of Infrastructure Oleksandr Kubrakov on Twitter, posting a video of the long vessel sounding its horn as its slowly headed out to sea.
Posting separately on Facebook, Kubrakov said Ukraine is the fourth-largest corn exporter in the world, “so the possibility of exporting it via ports is a colossal success in ensuring global food security.”
“Today Ukraine, together with partners, takes another step to prevent world hunger,” he added.
In Moscow, Kremlin spokesman Dmitry Peskov hailed the ship’s departure as “very positive,” saying it would help test the “efficiency of the mechanisms that were agreed during the talks in Istanbul.”
Turkey’s defense minister, Hulusi Akar, said the Razoni was expected to dock Tuesday afternoon in Istanbul at the entrance of the Bosporus, where joint teams of Russian, Ukrainian, Turkish and U.N. officials would board it for inspections.
In an interview with Turkey’s state-run Anadolu Agency, Akar warned that the global food crisis threatened to trigger “a serious wave of migration from Africa to Europe and to Turkey.”
The corn is destined for Lebanon, a Middle East nation in the grips of what the World Bank has described as one of the world’s worst financial crises in more than 150 years. A 2020 explosion at its main port in Beirut shattered its capital city and destroyed grain silos there, a part of which collapsed following a weekslong fire just Sunday.
Lebanon mostly imports wheat from Ukraine but also buys its corn to make cooking oil and to produce animal feed.
The Turkish defense ministry said other ships would also depart Ukraine’s ports through the safe corridors in line with deals signed in Istanbul on July 22, but did not provide further details.
Russia and Ukraine signed separate agreements with Turkey and the U.N. clearing the way for Ukraine — one of the world’s key breadbaskets — to export 22 million tons of grain and other agricultural goods that have been stuck in Black Sea ports because of Russia’s invasion.
The deals also allow Russia to exports grain and fertilizers.
Turkey’s defense minister praised a joint coordination center staffed by Russian, Ukrainian, Turkish and U.N. officials as a venue where opposing sides can engage with each other.
“The problems they have are obvious, there is a war. But it is the only place where the two sides are able to come together,” Akar said. “Despite the ups and downs, there is a good environment for dialogue.”
Ukraine’s infrastructure ministry said that 16 more ships, all blocked since the beginning of Russia’s full-scale invasion of Ukraine on Feb. 24, were waiting their turn in the ports of Odesa.
Kubrakov said the shipments would also help Ukraine’s war-shattered economy.
“Unlocking ports will provide at least $1 billion in foreign exchange revenue to the economy and an opportunity for the agricultural sector to plan for next year,” Kubrakov said.
The United Nations welcomed the development, saying in a statement that Secretary-General Antonio Guterres hopes the shipments will “bring much-needed stability and relief to global food security especially in the most fragile humanitarian contexts.”
After more than five months of war, the horn of the cargo ship sounding as it set out to sea delighted Olena Vitalievna, a city resident.
“Finally, life begins to move forward and there are some changes in a positive direction,” she said. “In general, the port should live its own life because Odesa is a port city. We live here, we want everything to work for us, everything to bustle.”
Yet the resumption of the grain shipments came as fighting raged elsewhere in Ukraine.
Ukraine’s presidential office said that at least three civilians were killed and another 16 wounded by Russian shelling in the Donetsk region over the past 24 hours.
Donetsk Gov. Pavlo Kyrylenko repeated a call for all residents to evacuate, emphasizing the need to evacuate about 52,000 children still left in the region.
In Kharkiv, two people were wounded by a Russian strike in the morning, one who was struck while waiting for a bus and the other when a Russian shell exploded near an apartment building.
The southern city of Mykolaiv also faced repeated shelling that ruined a building of a hospital unit and damaged ambulances, according to Gov. Vitaliy Kim. Three civilians were wounded in the Russian shelling elsewhere in the city, he said.
Soon after the grain shipment deal was signed on July 22, a Russian missile targeted Odesa. Analysts warned that the continuing fighting could threaten the grain deal.
“The danger remains: The Odesa region has faced constant shelling and only regular supplies could prove the viability of the agreements signed,” said Volodymyr Sidenko, an expert with the Kyiv-based Razumkov Center think-tank.
“The departure of the first vessel doesn’t solve the food crisis, it’s just the first step that could also be the last if Russia decides to continue attacks in the south.”
Story by Susie Blann and Suzan Fraser. Associated Press writer Jon Gambrell contributed to this report. | https://www.bangordailynews.com/2022/08/01/news/world-news/ukraine-grain-shipment/ | 2022-08-03T13:08:41Z | https://www.bangordailynews.com/2022/08/01/news/world-news/ukraine-grain-shipment/ | false |
BESSEMER, Ala., Aug. 3, 2022 /PRNewswire/ -- Current Congressional efforts to reduce drug prices for Americans are laudable, but the latest proposals in the current Senate reconciliation bill – while addressing some major concerns – disregard a major flaw in our healthcare system, officials with American Pharmacy Cooperative, Inc. (APCI) said today.
Proposals detailed in the Inflation Reduction Act of 2022 (H.R. 5376) to cap out-of-pocket costs for seniors in Medicare Part D and to allow the Centers for Medicare and Medicaid Services to negotiate directly with drug makers for some high-cost pharmaceuticals are admirable. However, these provisions in the reconciliation bill are bandages on a broken prescription drug pricing system in the United States. No effort to "right the ship" can be complete if it does not address anticompetitive pharmacy benefit manager (PBM) practices that increase prescription drug prices and restrict patient choice and access to care.
"PBMs are among the richest corporations on earth and they play a central role in the price of and access to prescription drugs," said APCI CEO Tim Hamrick. "We commend the Senate for its efforts to make prescription drugs more affordable for all Americans in the current reconciliation bill. But to do that, Congress should focus on PBM practices which continue to drive prescription price increases and keep patients from affording the lifesaving drugs that they need."
To effectively combat rising prescription drug costs and the lack of transparency in America's prescription pricing system, Congress should:
- Rein in abusive PBM practices and implement a transparent drug pricing model in Medicare Part D;
- Reform Medicaid managed care including prohibiting PBM spread pricing; and
- Preserve the rebate rule.
The problems with the American drug pricing model are systemic and fueled in large part by PBMs. Seeking to empower CMS to negotiate drug prices directly with drug makers is a tacit admission that entrusting PBMs to negotiate lower drug prices is failed policy.
A 2022 study by 3 Axis Advisors ("Deserving of better: How American seniors are paying for misaligned incentives within Medicare Part D") revealed how a large Part D plan raised prices for generic medications for seniors by 51 percent in a 30-month period – despite actual pricing for the same medications declining by 8.7 percent during the same time frame. The study also found potential savings of $18.7 billion in Part D in one year alone by removing the PBMs' ability to play drug pricing games and moving to a market-based pharmacy reimbursement model via paying pharmacy at the National Average Drug Acquisition Cost (NADAC) plus a $10 dispensing fee.
"The 'non-interference clause' in Medicare Part D has empowered PBMs to engage in unfair practices and pricing manipulation free of CMS oversight," said APCI's Director of Healthcare Policy Greg Reybold. "Our recommendations are to rein in abusive PBM practices such as patient steering and underwater reimbursements to community pharmacies and to move toward a market-based model in which drug prices are based on pharmacy acquisition costs and not artificially inflated PBM pricing."
"PBMs have played a large role in Medicare Part D since the program's inception and two things have happened," added APCI Director of Government Affairs Bill Eley. "Drug prices have risen and PBM profits have soared. For an industry whose existence is predicated on saving money for patients, PBMs seem to be doing a horrible job. It's time for Congress to act."
PBM-negotiated "rebates" from drug manufacturers are excluded in the CMS definition of "negotiated price," which means that when a PBM negotiates a rebate neither the PBM nor the prescription drug plan is required to pass on those savings to America's seniors at the pharmacy counter. These rebates drive "pay to play" formulary decisions, drug steering, and brand drug mandates.
These practices have not gone unnoticed by the U.S. Federal Trade Commission (FTC), as demonstrated by the commission's recently announced study of PBM practices and a new policy statement on rebate practices that exclude lower cost drugs.
"That Congress would entertain a permanent repeal of the rebate rule at a time when PBM rebate practices are a target of the FTC – and when the rule's implementation had already been delayed – is deeply concerning," Reybold said. "The outsized role PBM-extracted drugmaker rebates play in today's broken prescription drug system should compel action, not give PBMs a pass to engage in business as usual."
Previous versions of Congress' prescription drug pricing legislation looked to reform PBM practices in Medicaid managed care by implementing a market-based reimbursement model using the NADAC pricing benchmark, along with a ban on spread pricing and requiring pharmacies to report their drug purchases to NADAC. These solutions would save taxpayers billions of dollars while at the same time increasing transparency and paying pharmacies fairly for the prescriptions they dispense.
"Medicaid managed care reform isn't complicated, and it's the right thing to do," Eley said. "It makes sense for taxpayers and for America's community pharmacists who continue to be exploited while PBMs and managed care companies siphon off billions of taxpayer dollars to feed their corporate profits via spread pricing practices."
APCI is a member-owned cooperative of more than 1,600 member pharmacies in 30 states. Established in 1984 and headquartered in Bessemer, Ala., APCI is proud to lead the fight for prescription drug pricing transparency and reform.
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SOURCE American Pharmacy Cooperative, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/03/apci-reduce-prescription-drug-costs-congress-must-fix-americas-pbm-problem/ | 2022-08-03T13:09:14Z | https://www.mysuncoast.com/prnewswire/2022/08/03/apci-reduce-prescription-drug-costs-congress-must-fix-americas-pbm-problem/ | false |
Release aids developers in confidently deploying software, increasing stability and improving time-to-market
SAN MATEO, Calif., Aug. 3, 2022 /PRNewswire/ -- Armory, the continuous deployment (CD) company today announced the availability of its CD Self-Hosted and Managed 2.28 product release. The 2.28 release supports Armory's commitment to empowering development teams to easily, reliably, safely and continuously deploy software at any scale.
Armory's CD Self-Hosted and Managed 2.28 product release encompasses new features, optimizations, and contributions from the Spinnaker community to ensure development teams can deploy code with even greater confidence than ever before.
This release embodies Armory's commitment to providing enterprise-grade Spinnaker and addressing the increasingly complex use cases elite development teams encounter. This includes exhaustive functional testing of all community code commitments, enhanced plug-ins and CVE remediation. This resulted in a Long Term Support (LTS) release assuring platform teams can provide developers with a stable platform that delivers reliable deployments at high velocity. CD Self-Hosted addresses the two most common pain points companies encounter: growth and scale.
"Armory has invested heavily in our test automation infrastructure so the reliability and performance of the platform provides the stability that elite development teams demand," said Jim Douglas, Armory president and CEO. "This latest 2.28 release empowers dev teams to accomplish continuous deployment at scale while providing them the best user experience."
Release 2.28 includes new features created to address common customer pain points within Terraform outputs and parallel pipelines. Specific features include:
- Terraformer Show Stage - Allows the pipeline to automatically enforce infrastructure policies and test for quality with every infrastructure change, reducing operational risk and increasing stability.
- Remote backend support for Terraform Enterprise and Terraform Cloud - Helping users have unique access to assistance within the platform.
- Max Concurrent Pipeline Executions - Customers can control the amount of maximum parallel pipeline executions, accelerating deployment frequency and velocity while speeding up time-to-market with exciting new features and products.
"Elite developer teams know and love the power of Spinnaker when it comes to deploying their software continuously," said Adam Frank, VP Product at Armory. "The Spinnaker community is a part of Armory's DNA, and it's evident in how we've built CD Self-Hosted and Managed. We've taken the best of Spinnaker and combined it with our world-class approach to continuous deployment to give developers a complete and reliable end-to-end solution from the moment they commit code."
This announcement comes on the heels of yet another milestone for Armory in its mission to make software deployment reliable, scalable, and safe; and ultimately help developers Commit, Deploy, Repeat: the launch of Continuous Deployment-as-a-Service, which delivers declarative deployments across multiple environments that support advanced progressive strategies, allowing developers to focus on building great code rather than deploying it.
To accommodate the release of Armory Continuous Deployment-as-a-Service into Armory's growing continuous deployment solutions, the self-hosted and managed offerings of Armory Enterprise have been renamed:
- Armory Enterprise becomes Armory Continuous Deployment Self-Hosted
- Armory Enterprise Managed becomes Armory Continuous Deployment Managed
- Armory Agent for Kubernetes becomes Armory Scale Agent for Spinnaker & Kubernetes
To learn more about Armory Continuous Deployment Self-Hosted and Managed 2.28, visit: https://www.armory.io/blog/self-hosted-and-managed-v228.
Armory enables developers to continuously improve and assure their customers' experience through scalable, safe, reliable, secure, and continuous software deployment. Armory makes continuous deployment achievable and effortless, at any scale, for all developers by providing easy-to-use continuous deployment solutions that eliminate the need to migrate away from existing tools, minimizing disruption to an existing software delivery lifecycle. Developers can easily and declaratively deploy new versions alongside live versions, incrementally scale up new versions, enable manual reviews prior to scaling up, effortlessly rollback to an old version, and manage the deployment across multiple targets and environments; continuously improving and protecting their customer experience.
Founded in 2016, Armory is funded by B Capital, Insight Partners, Crosslink Capital, Bain Capital Ventures, Mango Capital, Y Combinator, and Javelin Venture Partners. Learn more at www.armory.io.
Media Contact
Emylee Eyler
BLASTmedia for Armory.io
armory@blastmedia.com
317.806.1900 ext. 139
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SOURCE Armory | https://www.mysuncoast.com/prnewswire/2022/08/03/armorys-new-continuous-deployment-self-hosted-managed-228-empowers-devops-growth-scale/ | 2022-08-03T13:09:21Z | https://www.mysuncoast.com/prnewswire/2022/08/03/armorys-new-continuous-deployment-self-hosted-managed-228-empowers-devops-growth-scale/ | true |
The apprentices from across Northern Ireland have successfully enrolled on to the two year programme which will see them trained for dual roles under Airport Operations and the Rescue and Firefighting Services (RFFS) division at the Airport.
Matthew Morgan from Ballymena is one of the new apprentices. He said: “I wanted a change of pace from a 9-5 office job and the scheme was something different. I’m looking forward to learning new skills and experiencing a completely different industry alongside opportunities to
progress within the company.”
The programme combines qualifications with experience whilst the earn while you learn approach will result in a range of industry qualifications and certificates. Once training is complete, the apprentices will receive BTEC Certificate level 2 Diploma in Aviation on the Ground; Aviation Fire Fighter Initial Certificate; LGV Licence and First Aid Certificate.
The initiative fuels VINCI Airports’ ambition to develop the new generation of airport experts and promote the attractiveness of airport jobs.
Airport Human Resources Manager, Jaclyn Coulter, said: “Our Apprenticeship Programme gives us the opportunity to carve out an individual route for each apprentice whilst developing the specialist skills that are required within the Airport environment. We are committed to supporting
new talent and recognise the skills and benefits those apprentices will bring to the organisation.
“Over the next two years our apprentices will be supported along each step of this journey and will be equipped with the skills and knowledge to deal with the demands of the roles within the Airport. The programme offers a clear career path with industry recognised qualifications and a competitive starting salary.” | https://www.northernirelandworld.com/business/ballymena-man-flying-high-with-airport-apprenticeship-3789670 | 2022-08-03T13:10:21Z | https://www.northernirelandworld.com/business/ballymena-man-flying-high-with-airport-apprenticeship-3789670 | false |
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LOUISVILLE, Ky. (AP) — Temperatures were expected to soar on Wednesday in a region of eastern Kentucky where people are shoveling out from the wreckage of massive flooding, many in places without electricity.
The rising heat and humidity meant heat index values near 100 by midday, a steam bath that will continue through Thursday evening, the National Weather Service said.
This week's weather added to the hardships in Knott County, where Kirsten Gomez's husband and cousin were gutting their doublewide trailer of drywall, flooring and cabinets ruined by floodwaters from nearby Troublesome Creek.
“It is so miserable. The humidity is so high, it takes your breath,” Gomez said Tuesday. “Your clothes stick to you. Your hair sticks to you. This mud is caked on you. ... But I’m just blessed that we don’t have rain anymore.”
Cooling centers were opened after forecasters warned of the risk of heat-related illnesses in an advisory issued for the flood-ravaged area.
The death toll stood at 37, and while more than 1,300 people have been rescued, crews were still trying to reach some people who remain cut off by floods or mudslides. About 5,000 customers still lacked electricity in eastern Kentucky as of Wednesday morning, according to Poweroutages.com. Emergency shelters housed hundreds of residents who had homes destroyed or damaged.
The historic flooding also hit areas just across the state line in Virginia and West Virginia, where some people also remained without power.
President Joe Biden declared a federal disaster to direct relief money to counties flooded after 8 to 10 1/2 inches (20 to 27 centimeters) of rain fell in just 48 hours last week in the Appalachian mountain region. | https://www.ourmidland.com/news/article/Steam-bath-weather-adds-to-misery-after-17347892.php | 2022-08-03T13:11:07Z | https://www.ourmidland.com/news/article/Steam-bath-weather-adds-to-misery-after-17347892.php | true |
BEIJING, Aug. 3, 2022 /PRNewswire/ -- Xinyuan Real Estate Co., Ltd. ("Xinyuan" or the "Company") (NYSE: XIN), an NYSE-listed real estate developer operating primarily in China and also in other countries, announces that on July 29, 2022, it filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 with the U.S. Securities and Exchange Commission (the "SEC"). An electronic copy of the annual report on Form 20-F can be accessed on Xinyuan's investor relations website at http://ir.xyre.com/financials/annual-reports and on the SEC's website at www.sec.gov (http://www.sec.gov/). Shareholders may receive a hard copy of Xinyuan's audited financial statements for the fiscal year ended December 31, 2021 free of charge upon request. Requests should be submitted to irteam@xyre.com (mailto: irteam@xyre.com).
About Xinyuan Real Estate Co., Ltd.
Xinyuan Real Estate Co., Ltd. ("Xinyuan") is an NYSE-listed real estate developer primarily in China and recently in other countries. In China, Xinyuan develops and manages large scale, high quality real estate projects in over ten tier one and tier two cities, including Beijing, Shanghai, Tianjin, Zhengzhou, Jinan, Qingdao, Chengdu, Xi'an, Suzhou, Dalian, Zhuhai and Foshan. Xinyuan was one of the first Chinese real estate developers to enter the U.S. market and over the past few years has been active in real estate development in New York. Xinyuan aims to provide comfortable and convenient real estate related products and services to middle-class consumers. For more information, please visit http://www.xyre.com.
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SOURCE Xinyuan Real Estate Co., Ltd. | https://www.wagmtv.com/prnewswire/2022/08/03/xinyuan-real-estate-co-ltd-announces-filing-2021-annual-report-form-20-f/ | 2022-08-03T13:12:06Z | https://www.wagmtv.com/prnewswire/2022/08/03/xinyuan-real-estate-co-ltd-announces-filing-2021-annual-report-form-20-f/ | true |
As the Justice Department bids to convince a federal judge that the proposed merger of Penguin Random House and Simon & Schuster would damage the careers of some of the most popular authors, it is leaning in part on the testimony of a writer who has thrived like few others: Stephen King.
The author of “Carrie,” “The Shining” and many other favorites, King has willingly — even eagerly — placed himself in opposition to Simon & Schuster, his longtime publisher. He was not chosen by the government just for his fame, but for his public criticism of the $2.2 billion deal announced in late 2021, joining two of the world’s biggest publishers into what rival CEO Michael Pietsch of Hachette Book Group has called a “gigantically prominent” entity.
“The more the publishers consolidate, the harder it is for indie publishers to survive,” King tweeted last year.
One of the few widely recognizable authors, known for his modest-sized glasses and gaunt features, King is expected to take the witness stand Tuesday, the second day of a federal antitrust trial anticipated to last two to three weeks.
He may not have the business knowledge of Pietsch, the DOJ’s first witness, but he has been a published novelist for nearly 50 years and knows well how much the industry has changed: Some of his own former publishers were acquired by larger companies. “Carrie,” for instance, was published by Doubleday, which in 2009 merged with Knopf Publishing Group and now is part of Penguin Random House. Another former King publisher, Viking Press, was a Penguin imprint that joined Penguin Random House when Penguin and Random House merged in 2013.
King’s affinity for smaller publishers is personal. Even while continuing to publish with the Simon & Schuster imprint Scribner, he has written thrillers for the independent Hard Case Crime. Years ago, the publisher asked him to contribute a blurb, but King instead offered to write a novel for them, “The Colorado Kid,” released in 2005.
“Inside I was turning cartwheels,” Hard Case co-founder Charles Ardai would remember thinking when King contacted him.
King himself would likely benefit from the Penguin Random House-Simon & Schuster deal, but he has a history of favoring other priorities beyond his material well-being. He has long been a critic of tax cuts for the rich, even as “the rich” surely includes Stephen King, and has openly called for the government to raise his taxes.
“In America, we should all have to pay our fair share,” he wrote for The Daily Beast in 2012.
On Monday, attorneys for the two sides offered contrasting views of the book industry.
Government attorney John Read invoked a dangerously narrow market, ruled tightly by the Big Five— Penguin Random House, Simon & Schuster, HarperCollins Publishing, Macmillan and Hachette — with little chance for smaller or startup publishers to break through.
Attorney Daniel Petrocelli argued for the defense that the industry was actually diverse, profitable and open to newcomers. Publishing means not just the Big Five, but also such medium-size companies as W.W. Norton & Co. and Grove Atlantic. The merger, he contended, would in no way upend the ambitions so many hold for literary success.
“Every book starts out as an anticipated bestseller in the gleam of an author’s or an editor’s eye,” he said.
Story by Hillel Italie. | https://www.bangordailynews.com/2022/08/02/news/bangor/stephen-king-books-merger-trial/ | 2022-08-03T13:12:39Z | https://www.bangordailynews.com/2022/08/02/news/bangor/stephen-king-books-merger-trial/ | true |
Two McMuffins and a ham croissant sniffed out by a detector dog led to a fine for one traveler of about $1,800. Someone else had to cough up the same amount for a stowaway sandwich last month.
Copyright 2022 NPR
Two McMuffins and a ham croissant sniffed out by a detector dog led to a fine for one traveler of about $1,800. Someone else had to cough up the same amount for a stowaway sandwich last month.
Copyright 2022 NPR | https://www.wbaa.org/2022-08-03/flying-into-australia-without-declaring-breakfast-to-customs-can-be-costly | 2022-08-03T13:12:54Z | https://www.wbaa.org/2022-08-03/flying-into-australia-without-declaring-breakfast-to-customs-can-be-costly | false |
U.S. House Speaker Nancy Pelosi, meeting leaders in Taiwan despite warnings from China, said Wednesday that she and other members of Congress in a visiting delegation are showing they will not abandon their commitment to the self-governing island.
“Today the world faces a choice between democracy and autocracy,” she said in a short speech during a meeting with Taiwanese President Tsai Ing-wen. “America’s determination to preserve democracy, here in Taiwan and around the world, remains ironclad.”
China, which claims Taiwan as its territory and opposes any engagement by Taiwanese officials with foreign governments, announced multiple military exercises around the island, parts of which will enter Taiwanese waters, and issued a series of harsh statements after the delegation touched down Tuesday night in the Taiwanese capital, Taipei.
Taiwan decried the planned actions.
“Such an act equals to sealing off Taiwan by air and sea, such an act covers our country’s territory and territorial waters, and severely violates our country’s territorial sovereignty,” Capt. Jian-chang Yu said at a briefing by the National Defense Ministry.
The Chinese military exercises, including live fire, are to start Thursday and be the largest aimed at Taiwan since 1995, when China fired missiles in a large-scale exercise to show its displeasure at a visit by then-Taiwanese President Lee Teng-hui to the U.S.
China's official Xinhua News Agency announced the military actions Tuesday night, along with a map outlining six different areas around Taiwan. Arthur Zhin-Sheng Wang, a defense studies expert at Taiwan’s Central Police University, said three of the areas infringe on Taiwanese waters, meaning they are within 12 nautical miles (22 kilometers) of shore.
Using live fire in a country's territorial airspace or waters is risky, said Wang, adding that "according to international rules of engagement, this can possibly be seen as an act of war."
Pelosi's trip has heightened U.S.-China tensions more than visits by other members of Congress because of her high-level position as leader of the House of Representatives. She is the first speaker of the House to visit Taiwan in 25 years, since Newt Gingrich in 1997.
Taiwanese President Tsai responded Wednesday to Beijing's military intimidation.
“Facing deliberately heightened military threats, Taiwan will not back down,” Tsai said at her meeting with Pelosi. “We will firmly uphold our nation’s sovereignty and continue to hold the line of defense for democracy.”
Tsai, thanking Pelosi for her decades of support for Taiwan, presented the speaker with a civilian honor, the Order of the Propitious Clouds.
China's response has been loud and varied.
Shortly after Pelosi landed Tuesday night, China announced live-fire drills that reportedly started that night, as well as the four-day exercises starting Thursday.
The People's Liberation Army Air Force also flew a contingent of 21 war planes Tuesday night, including fighter jets, toward Taiwan. Chinese Vice Foreign Minister Xie Feng also summoned the U.S. ambassador in Beijing, Nicholas Burns, to convey the country's protests the same night.
Chinese state broadcaster CCTV published images of PLA drills and video Wednesday, although it was unclear where they were being conducted.
Pelosi addressed Beijing’s threats Wednesday morning, saying she hopes it’s clear that while China has prevented Taiwan from attending certain international meetings, "that they understand they will not stand in the way of people coming to Taiwan as a show of friendship and of support.”
Pelosi noted that support for Taiwan is bipartisan in Congress and praised the island’s democracy. She stopped short of saying that the U.S would defend Taiwan militarily, emphasizing that Congress is “committed to the security of Taiwan, in order to have Taiwan be able to most effectively defend themselves.”
Her focus has always been the same, she said, going back to her 1991 visit to Beijing's Tiananmen Square, when she and other lawmakers unfurled a small banner supporting democracy two years after a bloody military crackdown on protesters at the square. That visit was also about human rights and what she called dangerous technology transfers to “rogue countries.” | https://www.3newsnow.com/news/national/pelosi-says-us-will-not-abandon-taiwan-as-china-protests | 2022-08-03T13:14:29Z | https://www.3newsnow.com/news/national/pelosi-says-us-will-not-abandon-taiwan-as-china-protests | false |
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For many entrepreneurs, a growing business is a successful one. But there’s a lot more to consider than simple growth as a measurement for success. A quality company culture, happy and fulfilled employees as well as seamless processes are all factors that contribute to a healthy company—and they all have the potential to be negatively impacted by your company’s growth.
When your business is small, you have a greater ability for solving and preventing problems that may crop up. As your business grows, that becomes less true. Below, a panel of Young Entrepreneur Council leaders list some common issues you’ll likely encounter as your company approaches the 50-employee mark, and explain how and why you should prepare for them to occur.
1. Losing That Personal Connection
As your company grows, one issue to prepare for (and develop plans to avoid) is the potential of losing that personal connection among the team. The bigger a company gets, the easier it is to lose that personal connection that helps employees feel valued and connected to the company’s mission and enables management to support their teams effectively. So as you bring on more employees, it’s important to continue holding individual check-ins and team meetings, leaving time to discuss things other than project-related topics. Recognize employees’ hard work, celebrate individual and team successes and maintain an “open-door” conversation policy that lets employees know they can always come to you for help. - Diana Goodwin, MarketBox
2. Information Silos
When we hit the 50-employee mark, I noticed our teams unintentionally started building information silos, which isn't efficient or practical for long-term growth. These silos meant that certain groups were out of the loop, which led to confusion across the company. My solution was to encourage every team to document their processes and keep a running list of changes and updates. Everyone within the company can access these documents via the cloud. Sharing information in this way led to some exciting breakthroughs and helped us go from 50 to 200 employees over several years. - John Brackett, Smash Balloon LLC
3. The Inability To Support A Growing Team
A growing team has growing needs. We learned that very early on in our own business. The more people you bring to your team, the harder it gets to support them and help each of them grow. It also becomes much more difficult to maintain the company culture because every person brings their own vibe and their own issues. So while it's always exciting to expand your business, make sure you are prepared for lots of turbulence, and ensure that you have the capacity and resources to manage it. - Solomon Thimothy, OneIMS
4. Sloppy Processes And Culture
There are a few issues you should prepare for as your company grows. One of the significant issues is the lack of oversight. Larger companies tend to get sloppy as they grow, so you need to have sound systems in place to ensure that every employee is doing their job as intended and working on the right things. Next, you should start thinking about corporate culture. Do we have a good corporate culture or not? If we do, how can we keep it that way as we grow? How can people work well together? How can we create one if we don’t have a good corporate culture? These are just some of the questions you should consider when growing. - Candice Georgiadis, Digital Day
5. New Management Needs
You'll have to change how you think about hiring management. There is a specific type of manager who is better suited to dynamic startup environments. Then there are those who are better at handling scaled companies and multilayer organizations. It requires a different set of organizational abilities and structure, whereas, with early executives, you might value creativity, out-of-the-box thinking and an agile approach. - Andy Karuza, NachoNacho
6. Inefficient Software And Tools
Once your team hits 50-plus employees, you should assess your software and remote work tools to ensure they can scale up with your growing business. In many cases, the tools entrepreneurs buy when they start their businesses become less efficient as more employees join the roster. For example, your time tracking software may only cover up to 50 employees. You would need to upgrade or choose a different tool to keep things running smoothly. - Chris Christoff, MonsterInsights
7. Complex Lines Of Communication
As a business grows and more employees join, the number of lines of communication grows exponentially. For example, at one employee, there are zero lines of communication. At five employees, there are 10 lines of communication. At 50, there are 1,225 lines of communication. It comes as no surprise then that one should expect increased complexity in coordination and alignment (on tasks, the mission and other things) as the company hits 50 employees and beyond. Jeff Bezos famously tries to combat this with the "two-pizza team rule," which states that no team can be so large that they can’t be fed by two pizzas. In doing this, one combats the exponential complexity in communication and coordination by modularizing teams into units within which the communication and coordination is much more manageable. - Akshar Bonu, The Custom Movement
8. The Potential Need To Step Down
Probably the hardest thing is accepting that you might not be the best leader for this type of organization, and then finding a replacement. Many entrepreneurs like building new projects, but not seeing them get bigger. They simply don't know how to manage such a company. Therefore, for the success of your company, it is important for you to admit that you are not the right fit anymore. Keep your seat on the board, but give up on your CEO position. Find the right individual to lead your company into the future. - Alexandru Stan, Tekpon | https://www.forbes.com/sites/theyec/2022/08/03/eight-issues-to-prepare-for-as-your-company-approaches-the-50-employee-mark/ | 2022-08-03T13:17:56Z | https://www.forbes.com/sites/theyec/2022/08/03/eight-issues-to-prepare-for-as-your-company-approaches-the-50-employee-mark/ | true |
- Commentary points to need for a vaccine based on nucleocapsid vs. spike protein to make vaccine less vulnerable to mutation and provide stronger immunity to novel viral variants
- Company's development of a nucleocapsid vaccine, a recombinant replication-competent adenoviral vaccine which has been engineered to express the SARS-CoV-2 nucleocapsid protein at high levels, is ready for partnering to take forward into clinical trials
- Intended to protect against current COVID-19 variants as well as future coronavirus pandemics
TORREY PINES, Calif., Aug. 3, 2022 /PRNewswire/ -- EpicentRx Inc. ("EpicentRx"), a late-stage biopharmaceutical company developing platforms that treat and target multiple immune-mediated disorders, has published a commentary in one of the top infectious disease journals, International Journal of Infectious Disease (IJID), emphasizing the importance of a "universal" coronavirus vaccine based on the nucleocapsid or N protein instead of the spike or S protein, which is used in current COVID vaccines. The commentary is authored by Bryan Oronsky, Chris Larson, Scott Caroen, Farah Hedjran, Ana Sanchez, and Tony Reid, all of EpicentRx. (click on link to read: IJID nucleocapsid commentary).
The authors point to the N-protein, as an internal RNA-binding protein, as being more essential to viral survival than the S protein, and much more stable and less likely to mutate. Based on this fact, the authors contend that an N-based vaccine would be useful not only against the new COVID-19 variants that continue to appear with regularity but also possibly against all coronaviruses, present or future, since nucleocapsid is a highly conserved or shared coronavirus protein with the potential to establish broad protective immunity.
According to viral immunologist and EpicentRx CEO, Dr. Tony R. Reid, "We've already faced three coronavirus pandemics, starting with SARS CoV-1, then MERS, and now SARS-CoV-2 or COVID-19. There have been reports of potential future pandemics due to new variants, which means we need to be ready for the ever-present possibility of ongoing mutation of the virus, especially within the spike protein, as the virus circulates in the population, or the potential for future transmission from animals to humans. If you look at the first SARS-CoV-1 patients, even now they still have T-cells, which recognize the SARS N-protein, and this potentially immunizes them against other coronaviruses. That's why we made a nucleocapsid targeting vaccine."
This vaccine was developed from EpicentRx's adenovirus vaccine platform called AdAPT. The adenovirus, an agent of the common cold, has been modified to carry different genes, which in the case of the EpicentRx vaccine, is nucleocapsid. When the vaccine is injected, it makes many copies of itself, and the nucleocapsid gene that it carries, in the capacity of a "biologic factory" for high level production of nucleocapsid inside the body. The first AdAPT clinical candidate and immediate predecessor of this vaccine is called AdAPT-001, currently in a Phase 1 trial for the treatment of cancer (BETA PRIME; ClinicalTrials.gov Identifier: NCT04673942). AdAPT-001 carries a gene that traps or neutralizes a protein called transforming growth factor-beta (TGF-beta), which helps tumors to grow.
The EpicentRx vaccine was made "in house" at its own Good Manufacturing Practice (GMP) Production Facility, which is a departure from the usual pharmaceutical model of outsourcing contract manufacturing to third party companies. Based on its experience with AdAPT-001, EpicentRx moved rapidly on design and manufacture of the vaccine for a Phase 1 clinical trial. As Dr. Reid explained, "This is the time for chess, not checkers. If we don't plan ahead, we'll be chasing this virus from behind".
About EpicentRx Inc.
EpicentRx is a leading-edge clinical-stage, biopharmaceutical company with a complementary pipeline of small molecules and cancer targeting virus platforms that represent the next frontier in treating patients with diseases of significant unmet need. With two platforms, CyNRGY and AdAPT, EpicentRx has developed therapies and novel drug delivery devices that fine tune the inflammatory response, with emphasis on not just treating the disease but improving quality of life. For more information, visit www.epicentrx.com.
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SOURCE EpicentRx, Inc. | https://www.wymt.com/prnewswire/2022/08/03/epicentrx-publishes-commentary-international-journal-infectious-disease-ijid-need-universal-coronavirus-vaccine-be-more-effective-against-novel-viral-variants/ | 2022-08-03T13:20:08Z | https://www.wymt.com/prnewswire/2022/08/03/epicentrx-publishes-commentary-international-journal-infectious-disease-ijid-need-universal-coronavirus-vaccine-be-more-effective-against-novel-viral-variants/ | false |
ENGLEWOOD, Colo., Aug. 3, 2022 /PRNewswire/ -- Ampio Pharmaceuticals, Inc. (NYSE American: AMPE), today released the following letter to stockholders from its Chairman, Kevin Buchi and Chief Executive Officer, Mike Martino.
Dear Fellow Stockholders,
On behalf of the Board and management team, we are writing to provide an update on the previously announced internal investigations, the clinical development of Ampion and how this impacts our strategic alternatives process, and near-term strategic business alternatives. Finally, we would like to take this opportunity to address the importance of your vote at the 2022 Annual Meeting of Stockholders to be held on Wednesday, August 10, 2022, at 11 am MT.
As we announced on May 16, 2022, an independent special committee of the Ampio Board of Directors (the "Special Committee") has been conducting internal investigations focused primarily on (1) the statistical analysis of Ampio's AP-013 clinical trial and (2) unauthorized provision of Ampion, an investigational drug that is not approved by the Food and Drug Administration ("FDA"), for use by individuals not participating in clinical trials ("unauthorized use"). These investigations are now completed and the investigations are summarized below.
Through outside counsel, the Special Committee has engaged in extensive fact finding, including interviewing numerous individuals and reviewing documents and emails relating to the AP-013 clinical trial. In connection with the unauthorized use investigation, the Special Committee also reviewed documents, conducted interviews, and reviewed other information regarding the provision and unauthorized use of Ampion. The Special Committee committed significant resources to these endeavors and did not impose material limitations on the investigations' scope, timing, or access to information.
As it relates to the AP-013 clinical trial, the Special Committee's primary findings include that certain former Ampio executive officers and senior staff were aware, at the time of the per-protocol interim analysis in March 2020, that the AP-013 trial did not demonstrate efficacy for Ampion on its co-primary endpoints of pain and function; and that these former Ampio executive officers and senior staff did not fully report the results of the AP-013 trial and the timing of unblinding of data from the AP-013 trial. The Special Committee has determined that the Company's current executive officers were not made aware of the unblinding events in March 2020. Through counsel, the Company and the Special Committee have informed the Securities and Exchange Commission of the investigations. The Company and the Special Committee also have contacted the FDA regarding this investigation.
As it relates to the unauthorized use of Ampion, the Special Committee's primary finding is that certain Ampio personnel, including a former executive officer and certain former directors, facilitated the provision of Ampion for unauthorized use. Ampio has worked to resolve this issue, including through the conduct of safety surveillance activities relating to the provision of Ampion for unauthorized use, implementation of appropriate mitigation measures (described below), and self-reporting to FDA. The results of the safety surveillance activities have not changed the Company's view of the safety profile of Ampion. The Special Committee has determined that the Company's current executive officers were not involved in the provision of Ampion for unauthorized use.
The Company has taken the following actions based in part upon the investigations and the findings of the Special Committee:
- Terminated the employment of two executive officers;
- Restructured the Board of Directors through resignation of certain directors;
- Separated the role of Chair of the Board and Chief Executive Officer;
- Re-constituted the Company's Disclosure Committee with additional subject-matter experts;
- Enhanced Company policies and procedures including those related to inventory management and distribution; and
- Conducted company-wide training regarding appropriate use of Ampion while in the clinical trial stage.
- When we launched the strategic alternatives process in May 2022, one of our first areas of focus was the viability of continued dev elopment and advancement of Ampion in order to generate value for the Ampio stockholders.
Regarding the status of Ampion™ development, in total, we have conducted seven Phase 2/3 trials, comprising more than 1,500 Ampion-treated patients and more than 1,400 saline-treated patients. Ampion has consistently demonstrated a 30 percent reduction in pain and a 30 percent improvement in function across these trials. Unfortunately, so has the control element, saline. The saline response in our trials is consistent with the response in other published materials on osteoarthritis of the knee ("OAK") trials. As illustrated in the graphs below, Ampion has simply not demonstrated a sufficient therapeutic benefit versus saline to support another superiority trial and a noninferiority trial versus saline would not be commercially competitive.
Over the past several months we have undertaken an extensive meta-analysis of a merged database containing all clinical, laboratory and outcome data from all Ampion trials. This analysis has not identified either a sub-population of patients or combination of inclusion/exclusion factors that predicts a trial design where there would be a reasonable expectation for Ampion to outperform saline control.
Additionally, we evaluated trial designs, techniques, and tools that might provide an opportunity to highlight the differential benefits of Ampion vs a saline control given our current knowledge, including the following:
- Using a centralized reading of images/data to include/exclude patients from the trial;
- Education of investigators and the use of pain and function evaluation tools to reduce placebo effect; and
- Using joint imaging as a primary endpoint.
In addition, we evaluated the data from AP-008 (n = 342), in which patients were dosed with Ampion every two weeks for up to three doses versus a single dose of saline and confirmed this trial did not yield statistically significant results.
Finally, we evaluated conducting trials with alternative controls, such as hyaluronic acid and corticosteroids and concluded that these trials are not feasible or advisable for several reasons. This includes the diminishing use of hyaluronic acid in clinical practice and the magnitude of the corticosteroid efficacy signal.
In addition to evaluating the continued development of Ampion, we have also been developing a new and improved formulation of Ampion. While the in vitro and preclinical data are encouraging, we do not believe that redefining Ampio as a preclinical company is in the best interests of stockholders.
Based on this extensive analysis, we do not believe that conducting an eighth, and likely a confirmatory ninth, pivotal trial for Ampion is a good use of the Company's cash and resources.
With this context in mind, we have been pursuing other strategic alternatives for Ampio with the goal of maximizing value for Ampio stockholders. This exercise includes the potential for Ampio to acquire a product/pipeline and/or execute a reverse merger with a company that is seeking an NYSE American listing and has a development candidate and/or pipeline that we believe would represent a better value proposition for Ampio stockholders.
With the assistance of a financial advisor, we have identified several potential acquisition and reverse merger candidates, as well as received inbound interest from potential counterparties for several transformative transactions. We are diligently evaluating all opportunities in terms of value returned to the Ampio stockholders, but this selection process takes time.
With that fact in mind, we wish to emphasize the importance of the upcoming vote at the 2022 Annual Meeting of Stockholders and, specifically Proposal No. 3 regarding the reverse stock split. Our goal is to maximize stockholder value through the process we have just outlined. A key component of maximizing stockholder value is maintaining the listing of our stock on the NYSE American. De-listing would likely result in one or more of the following:
- Negatively impact Ampio's attractiveness as a counterparty for a strategic transaction since listed companies would be at a competitive advantage in stock-based transactions and for future capital raising.
- Eliminate potential transactions that may otherwise be high value for Ampio stockholders. For example, Ampio would not be a viable counterparty for a private company's go-public reverse merger transaction as the stock exchange listing would be one of the key assets that the private company is seeking to acquire.
- Decrease the prospect of additional institutional ownership and likely result in reduced ownership by existing institutional shareholders.
- Produce lower trading volume, higher proportionate transaction costs and wider bid-ask spreads for investors. Ultimately, liquidity in the stock would be limited.
We believe it is important to position Ampio for maximum attractiveness as a counterparty and to permit maximum flexibility in the structure of a transaction that we believe will provide maximum value to stockholders.
As we reported, Ampio is not currently in compliance with NYSE American listing requirements due to its low stock price. NYSE American requires Ampio to regain compliance with their listing requirements relating to share price by December 23, 2022. A reverse stock split is a means to regain compliance with the NYSE American listing requirements.
We want to be clear, stockholder approval of Proposal No. 3 only permits but does not require the Ampio Board to effect a reverse stock split. This proposal gives us the ability to act in a timely manner to regain compliance with the NYSE American requirements, if need be. Stockholder approval at the 2022 annual meeting on August 10, 2022, will give the Board the ability to eliminate the uncertainty regarding future delisting action and help preserve value for the Ampio stockholders in the stock exchange listing.
We urge Ampio stockholders to approve Proposal No. 3.
Sincerely,
J. Kevin Buchi
Chairman of the Board
Michael A. Martino
Chief Executive Officer
Forward-Looking Statements
This press release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, words such as "may," "will," "expect," "believe," "anticipate," or "estimate" or comparable terminology are intended to identify forward-looking statements. Such forward-looking statements include, for example, statements about the potential outcomes or timing of the strategic alternatives process being led by the Ampio board of directors.
Forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such statements including, among others:
- the risk that the stockholders will not approve the reverse stock split proposal and that Ampio's stock will be delisted from the NYSE American, limiting the prospects for a successful strategic alternatives process;
- the challenges in identifying one or more attractive, strategic businesses to transform Ampio through one or more strategic transactions and the risk that no strategic transaction will be considered by the Ampio board to be in the best interests of its stockholders;
- the strategic alternatives process will consume our cash resources and reduce cash available to be used in a strategic transaction or cash available for the post-closing business;
- the strategic alternatives process and any strategic transaction may involve unexpected costs, liabilities or delays;
- the expense and risk associated with any strategic transaction, including the risk that the expected benefits of the transaction may not be realized in the time frames expected or at all;
- Ampio's stock price may suffer as a result of uncertainty surrounding the strategic alternatives process and any resulting strategic transaction; and
- the risk factors described in the Ampio's Annual Report on Form 10-K for the year ended December 31, 2021, and other factors set forth in Ampio's filings with the Securities and Exchange Commission, including Ampio's Quarterly Report on Form 10-Q for the quarter ended March 31, 2022.
The forward-looking statements in this press release speak only as of the date of this press release. Except as required by law, Ampio assumes no obligation to update or revise these forward-looking statements for any reason, except as required by law.
Media Contact:
Nic Johnson, nic.johnson@russopartnersllc.com
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SOURCE Ampio Pharmaceuticals, Inc. | https://www.kold.com/prnewswire/2022/08/03/ampio-pharmaceuticals-issues-letter-stockholders/ | 2022-08-03T13:22:14Z | https://www.kold.com/prnewswire/2022/08/03/ampio-pharmaceuticals-issues-letter-stockholders/ | true |
SAN JOSE, Calif., Aug. 3, 2022 /PRNewswire/ -- Lumentum Holdings Inc. (NASDAQ: LITE) ("Lumentum"), today announced that it has completed its previously announced acquisition of NeoPhotonics Corporation ("NeoPhotonics").
"I am excited to unite NeoPhotonics' differentiated products and technology and talented team with those of Lumentum," said Alan Lowe, Lumentum President and CEO. "This acquisition better positions us for attractive growth opportunities created by the digital transformation of work and life, which is driving relentless growth in the needed volumes and performance of cloud and network infrastructure. I welcome our new colleagues to the Lumentum team and want to thank NeoPhotonics' CEO Tim Jenks and the rest of NeoPhotonics' leadership team for their contributions in getting us to this important milestone."
Under the terms of the merger agreement, NeoPhotonics stockholders will receive $16.00 in cash for each share of NeoPhotonics common stock in accordance with the terms of the merger agreement.
As previously announced, Lumentum anticipates achieving more than an estimated $50 million in annual run-rate synergies within 24 months of the closing of the transaction. Lumentum financed the transaction consideration with cash from the combined companies' balance sheets.
Due to the timing of the closing of the NeoPhotonics acquisition, there is no impact to Lumentum's fiscal fourth quarter 2022. During its fiscal fourth quarter and fiscal year 2022 earnings conference call, which is scheduled for Tuesday, August 16, 2022 at 5:30 a.m. PT / 8:30 a.m. ET, Lumentum will provide an update on the NeoPhotonics transaction. More information on this call can be found in the Investors section on Lumentum's website at http://investor.lumentum.com.
Lumentum (NASDAQ: LITE) is a market-leading designer and manufacturer of innovative optical and photonic products enabling optical networking and laser applications worldwide. Lumentum optical components and subsystems are part of virtually every type of telecom, enterprise, and data center network. Lumentum lasers enable advanced manufacturing techniques and diverse applications including next-generation 3D sensing capabilities. Lumentum is headquartered in San Jose, California with R&D, manufacturing, and sales offices worldwide. For more information, visit www.lumentum.com and follow Lumentum on LinkedIn, Twitter, Facebook, Instagram, and YouTube.
NeoPhotonics is a leading developer and manufacturer of lasers and optoelectronic solutions that transmit, receive, and switch high-speed digital optical signals for Cloud and hyper-scale data center internet content providers and telecom networks. NeoPhotonics' products enable cost-effective, high-speed over distance data transmission and efficient allocation of bandwidth in optical networks. NeoPhotonics maintains headquarters in San Jose, California and ISO 9001:2015 certified engineering and manufacturing facilities in Silicon Valley (USA), Japan and China. For additional information visit www.neophotonics.com.
This communication contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events, including the timing of the transaction and other information related to the transaction. In some cases, you can identify forward-looking statements because they contain words such as "may," "will," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these words or other similar terms or expressions that concern the transaction and our expectations, strategy, plans or intentions regarding it. Forward-looking statements in this communication include, but are not limited to, (i) expectations regarding the timing, completion and expected benefits of the transaction, (ii) plans, objectives and intentions with respect to future operations, customers and the market, and (iii) the expected impact of the transaction on the business of the parties. Expectations and beliefs regarding these matters may not materialize, and actual results in future periods are subject to risks and uncertainties that could cause actual results to differ materially from those projected. These risks include the effect of the announcement or pendency of the transaction on our business relationships, results of operations and business generally; risks that the transaction disrupts current plans and operations; the risk of litigation and/or regulatory actions related to the transaction; potential impacts of the Covid-19 pandemic; changing supply and demand conditions in the industry; and general market, political, economic and business conditions. The forward-looking statements contained in this communication are also subject to other risks and uncertainties, including those more fully described in filings with the Securities and Exchange Commission, including reports filed on Form 10-K, 10-Q and 8-K and in other filings made by NeoPhotonics and Lumentum with the SEC from time to time and available at www.sec.gov. These forward-looking statements are based on current expectations, and with regard to the transaction, are based on Lumentum's and NeoPhotonics' current expectations, estimates and projections about the potential benefits thereof, its business and industry, management's beliefs and certain assumptions made by Lumentum and NeoPhotonics, all of which are subject to change. The parties undertake no obligation to update the information contained in this communication or any other forward-looking statement.
Category: Financial
Contact Information:
Investors: Kathy Ta, (408) 750-3853; investor.relations@lumentum.com
Media: Sean Ogarrio, (408) 546-5405; media@lumentum.com
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SOURCE Lumentum | https://www.kold.com/prnewswire/2022/08/03/lumentum-announces-completion-neophotonics-acquisition/ | 2022-08-03T13:26:54Z | https://www.kold.com/prnewswire/2022/08/03/lumentum-announces-completion-neophotonics-acquisition/ | false |
HOUSTON , Aug. 3, 2022 /PRNewswire/ -- Direct Digital Holdings, Inc. (Nasdaq: DRCT) ("Direct Digital" or the "Company"), a leading advertising and marketing technology platform and owner of operating companies Colossus Media, LLC, Huddled Masses LLC and Orange142, LLC, today announced the successful completion of an extension to its existing debt facility.
Direct Digital upsized its existing funded credit facility with Lafayette Square, a commercially scaled investment platform. The facility now totals $26 million, and the Company intends to deploy the additional capital to simplify and solidify its balance sheet and complete the final payment owed to a former owner, USDM Holdings, Inc., which will result in a lower blended cost of capital and increased cashflow to the Company.
Mark Walker, Chairman and Chief Executive Officer of Direct Digital, commented, "We are pleased to enhance our financial flexibility utilizing our existing debt agreement with Lafayette Square. Lafayette Square has been a committed, collaborative partner and has provided us with access to supportive non-dilutive capital as we continue to grow our business and optimize our capital structure."
Damien Dwin, Founder and Chief Executive Officer of Lafayette Square, commented, "Lafayette Square is pleased to partner with Direct Digital, fuel its growth and identify ways to support the wellbeing of its employees. We support Direct Digital's innovative approach to enact meaningful change benefitting historically marginalized communities across the advertising landscape."
Forward Looking Statements
This press release may contain forward-looking statements within the meaning of federal securities laws, including the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and which are subject to certain risks, trends and uncertainties. As used below, "we," "us," and "our" refer to Direct Digital. We use words such as "could," "would," "may," "might," "will," "expect," "likely," "believe," "continue," "anticipate," "estimate," "intend," "plan," "prospect," "project" and other similar expressions to identify forward-looking statements, but not all forward-looking statements include these words. All statements contained in this release that do not relate to matters of historical fact should be considered forward-looking statements. All of our forward-looking statements involve estimates and uncertainties that could cause actual results to differ materially from those expressed in or implied by the forward-looking statements. Our forward-looking statements are based on assumptions that we have made in light of our industry experience and our perceptions of historical trends, current conditions, expected future developments and other factors we believe are appropriate under the circumstances. Although we believe that these forward-looking statements are based on reasonable assumptions, many factors could affect our actual operating and financial performance and cause our performance to differ materially from the performance expressed in or implied by the forward-looking statements, including, but not limited to: our dependence on the overall demand for advertising, which could be influenced by economic downturns; any slow-down or unanticipated development in the market for programmatic advertising campaigns; the effects of health epidemics, such as the ongoing global COVID-19 pandemic; operational and performance issues with our platform, whether real or perceived, including a failure to respond to technological changes or to upgrade our technology systems; any significant inadvertent disclosure or breach of confidential and/or personal information we hold, or of the security of our or our customers', suppliers' or other partners' computer systems; any unavailability or non-performance of the non-proprietary technology, software, products and services that we use; unfavorable publicity and negative public perception about our industry, particularly concerns regarding data privacy and security relating to our industry's technology and practices, and any perceived failure to comply with laws and industry self-regulation; restrictions on the use of third-party "cookies," mobile device IDs or other tracking technologies, which could diminish our platform's effectiveness; any inability to compete in our intensely competitive market; any significant fluctuations caused by our high customer concentration; our limited operating history, which could result in our past results not being indicative of future operating performance; any violation of legal and regulatory requirements or any misconduct by our employees, subcontractors, agents or business partners; any strain on our resources, diversion of our management's attention or impact on our ability to attract and retain qualified board members as a result of being a public company; our dependence, as a holding company, on receiving distributions from Direct Digital Holdings, LLC to pay our taxes, expenses and dividends; and other factors and assumptions discussed in the "Risk Factors," "Management's Discussion and Analysis of Financial Conditions and Results of Operations" and other sections of our filings with the SEC that we make from time to time. Should one or more of these risks or uncertainties materialize or should any of these assumptions prove to be incorrect, our actual operating and financial performance may vary in material respects from the performance projected in or implied by these forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made, and except as required by law, we undertake no obligation to update any forward-looking statement contained in this release to reflect events or circumstances after the date on which it is made or to reflect the occurrence of anticipated or unanticipated events or circumstances, and we claim the protection of the safe harbor for forward-looking statements contained in the Private Securities Litigation Reform Act of 1995.
About Direct Digital Holdings
Direct Digital Holdings, Inc. (Nasdaq: DRCT), owner of operating companies Colossus Media, LLC, Huddled Masses LLC and Orange142, LLC, brings state-of-the-art sell- and buy-side advertising platforms together under one umbrella company. Direct Digital Holdings, Inc.' sell-side platform, Colossus Media, LLC, offers advertisers of all sizes extensive reach within general market and multicultural media properties. The company's subsidiaries Huddled Masses LLC and Orange142, LLC deliver significant ROI for middle market advertisers by providing data-optimized programmatic solutions at scale for businesses in sectors that range from energy to healthcare to travel to financial services. Direct Digital Holdings Inc.' sell- and buy-side solutions manage approximately 70,000 clients monthly, generating over 90 billion impressions per month across display, CTV, in-app and other media channels. The company has been named a top minority-owned business by The Houston Business Journal.
About Lafayette Square
Lafayette Square is a commercially scaled investment platform built for and enhanced by our commitment to impact. The firm deploys long-term capital alongside impactful services to local communities across America through its credit, real estate, and renewables divisions. Lafayette Square's mission is to be the leading provider of impact-driven capital working toward a more inclusive economy. For more information about Lafayette Square, please visit www.lafayettesquare.com.
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SOURCE Direct Digital Holdings | https://www.1011now.com/prnewswire/2022/08/03/direct-digital-holdings-announces-successful-extension-existing-non-dilutive-debt-facility/ | 2022-08-03T13:27:08Z | https://www.1011now.com/prnewswire/2022/08/03/direct-digital-holdings-announces-successful-extension-existing-non-dilutive-debt-facility/ | true |
MIAMI, Aug. 3, 2022 /PRNewswire/ -- Brand Institute's President of its Nonproprietary Naming Division, Sophia Fuerst, M.S., M.B.A., is pleased to offer summary insights regarding recently implemented procedures for international nonproprietary names (INNs), specifically INNs for Variant COVID-19 Vaccine Active Substances.
"As the COVID-19 pandemic has progressed, the SARS-CoV-2 virus has mutated, particularly in the spike glycoprotein," says Ms. Fuerst. "Vaccine variants have minimal changes in their structure compared to the structure of an existing INN. The name for the variant is linked to the original INN by a random two- or three-letter prefix. For example, the vaccine variant for tozinameran is riltozinameran."
Ms. Fuerst notes that INN has instituted a much shorter time frame than its usual procedure for vaccine variants. In addition, the standard fee is being waived for a request of an INN for a variant COVID-19 vaccine active substance where a previous INN has been assigned to the original vaccine substance.
Ms. Fuerst has spent her career in nonproprietary naming, first as United States Adopted Name (USAN) Secretariat and afterward opening the Nonproprietary Naming Division within Brand Institute's Drug Safety Institute.
Before joining Brand Institute, Ms. Fuerst was employed by the American Medical Association (AMA) for over 20 years, serving as the Director of the USAN Program. Ms. Fuerst was responsible for all submissions to the USAN Program and classified compounds by stem, creating new stems when appropriate as well as USAN Adoptions. She also represented the United States on the INN Expert Committee and acted as a consultant to the INN Programme.
Brand Institute is the global leader in brand name and identity development, providing a broad portfolio of branding and naming related services, including brand strategy, name development, trademark searches, market research, regulatory services, and visual identity solutions.
Drug Safety Institute (DSI) is a wholly owned subsidiary of Brand Institute that provides Brand Institute's healthcare clients with industry-leading guidance pertaining to drug name safety, packaging, and labeling. DSI is comprised of former naming regulatory officials from global government health agencies, including FDA, EMA, Health Canada, AMA, and the WHO.
Contact:
James Dettore
Chairman & C.E.O.
jdettore@brandinstitute.com
www.brandinstitute.com
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SOURCE Brand Institute, Inc. | https://www.wbay.com/prnewswire/2022/08/03/brand-institute-president-nonproprietary-naming-division-advises-clients-guidance-set-forth-by-inn-regarding-covid-19-variant-vaccines/ | 2022-08-03T13:28:25Z | https://www.wbay.com/prnewswire/2022/08/03/brand-institute-president-nonproprietary-naming-division-advises-clients-guidance-set-forth-by-inn-regarding-covid-19-variant-vaccines/ | true |
The in-person and digital event experience will showcase the latest research, best practices, and client stories to inspire high-performing tech executives to build adaptive enterprises that fuel growth
CAMBRIDGE, Mass., Aug. 3, 2022 /PRNewswire/ -- Forrester (Nasdaq: FORR) today announced the full conference agenda for Technology & Innovation North America 2022 — "Lead: Break Boundaries, Build The Future" — being held in Austin, Texas, and digitally, September 29–30, 2022. According to Forrester, most organizations have yet to unlock the full potential of technology — only 20 percent of organizations are currently building an adaptive enterprise that can address rapid business, technology, and customer challenges. Technology & Innovation North America is designed to accelerate the abilities of tech leaders, including chief information officers, chief technology officers, and chief digital officers, so they can not only anticipate and adapt to changing business needs quickly but also shape their organizations' future growth.
This year's Technology & Innovation North America will explore how tech executives can empower their teams to be the architects of tomorrow's business and become an engine room of creativity that supercharges the company. In preparing for a potential recession, tech executives must also become personal coaches to adapt to a continuously changing tech landscape. The Forum will also honor recipients of Forrester's Technology Awards — North American companies that successfully execute customer-obsessed technology strategies to address rapidly changing customer needs. Customer-obsessed companies report 2.5 times higher revenue growth than their competition.
Noteworthy event sessions include:
- Responsible And Ethical Tech Organizations Build Customer Trust. This session outlines how to develop a responsible and ethical technology strategy using efforts such as privacy by design and ethical AI to earn customer trust.
- The Future Of The Internet? The Metaverse, NFTs, And Web3. This panel breaks down the current state and future potential of the metaverse, NFTs, and Web3 so that organizations can know what's needed to support the next era of the internet.
- Get It Done With A Pragmatic Approach To Enterprise Architecture. In this session, attendees will learn how modern tech architecture leaders are overcoming enterprise architecture struggles to deliver meaningful business value and enhance agile delivery.
- Innovating Through Cloud-Native Services And Platforms. Learn why cloud-native services and platforms are a must-have to enable organizations to create innovative opportunities.
"Despite economic unpredictability, more is being asked of tech executives than ever before," said Matthew Guarini, VP and senior research director at Forrester. "Because of this, today's tech executives have a unique opportunity to shape their company's vision and help drive its growth. Technology & Innovation North America will equip leaders with the resilient, adaptive, and creative tech strategies they need to supercharge their business."
In-person attendees will experience facilitated discussions, consulting workshops, and special sessions. They will also have access to several special programs, including the Women's Leadership Forum; the Executive Leadership Exchange, an exclusive program targeted for C-level leaders; and several talent management sessions. Digital attendees will have access to all conference sessions and sponsors via the event platform.
Resources:
- Register to attend Forrester's Technology & Innovation North America 2022 conference.
- View the full agenda and speakers for Technology & Innovation North America 2022.
- Learn about Technology & Innovation North America sponsorship opportunities.
- Follow @Forrester and #ForrTech for updates.
About Forrester
Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We help leaders across technology, customer experience, digital, marketing, sales, and product functions use customer obsession to accelerate growth. Through Forrester's proprietary research, consulting, and events, leaders from around the globe are empowered to be bold at work — to navigate change and put their customers at the center of their leadership, strategy, and operations. Our unique insights are grounded in annual surveys of more than 700,000 consumers, business leaders, and technology leaders worldwide; rigorous and objective research methodologies, including Forrester Wave™ evaluations; 70 million real-time feedback votes; and the shared wisdom of our clients.
Media Contact:
Ira Kantor
Public Relations
Forrester Research, Inc.
ikantor@forrester.com
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SOURCE Forrester | https://www.1011now.com/prnewswire/2022/08/03/forrester-announces-full-conference-agenda-technology-amp-innovation-north-america-2022/ | 2022-08-03T13:28:37Z | https://www.1011now.com/prnewswire/2022/08/03/forrester-announces-full-conference-agenda-technology-amp-innovation-north-america-2022/ | true |
VP of Customer Experience Mark Kemp and Head of Design Ola Olusoga Join to Meet Growing Demand for Commission Software
SAN FRANCISCO, Aug. 3, 2022 /PRNewswire/ -- CaptivateIQ, the commission software leader that keeps sales teams motivated and focused on driving revenue, today announced the appointment of Mark Kemp as vice president of customer experience and Ola Olusoga as head of design. These team additions will advance CaptivateIQ's goal to help enterprises deploy, scale, and adapt sales commission programs to change. CaptivateIQ's leadership team is poised to advance its mission to make the commission process flexible and agile, empowering revenue teams to tailor plans, workflows and outcomes to meet evolving business needs.
"Mark and Ola represent key additions as we continue to improve our best-in-class customer experience and platform design strategies," said Mark Schopmeyer, co-founder and co-CEO of CaptivateIQ. "Mark's experience in sales performance management is critical to empowering high-performing revenue teams with effective incentive strategy. Ola's support in the design and experience organization at WordPress.com will help ensure that our end-to-end experience is designed in a way that is even easier to use and deeply visual."
As vice president of customer experience, Kemp brings 20 years of experience in sales performance management and customer experience, and will lead CaptivateIQ's customer success team by working to always capture the voice of the CaptivateIQ customer. Prior, Kemp managed technical and solutions sales, Go-to-Market strategy and revenue growth for Varicent's APAC region. Previously, Kemp held various roles across multiple business lines at SAP and CallidusCloud.
"I am looking forward to joining CaptivateIQ and helping lead the company through its next phase of growth as we help customers unlock the power of incentives," said Kemp. "To do this, I strongly believe we need to reframe sales commission planning as a digital transformation challenge and help customers overcome it, something I've spent my entire career doing, and something that is absolutely necessary to usher in the future of sales commission planning. CaptivateIQ's flexible, easy-to-use and intuitive platform is the best positioned to achieve this mission, and delight all stakeholders while doing it."
As head of design, Olusoga will manage a diverse team to build a culture of design excellence that will combine beautiful design and functionality, making it even easier for customers to use .CaptivateIQ's platform. Olusoga joins CaptivateIQ from Automattic, the parent company of WordPress.com, Tumblr, WooCommerce, and Jetpack, where he worked in various roles, most recently as vice president of experience and design of WordPress.com. While at Automattic, Olusoga led product and brand design teams to shape the overall experience and outcomes for the business and its customers. Previously, he co-founded Populum, a direct-to-consumer business.
CaptivateIQ is accelerating its core product innovations while delivering solutions that empower all teams in the commission process. The customer experience and design teams are delivering delightful rep experiences by offering enhanced performance, payout statements and earnings visibility. CaptivateIQ provides enterprise-grade support through its focus on scalability and performance, improved workflow automation, and advanced permissions and controls for added security and compliance.
CaptivateIQ, the new standard in commission management, enables companies to reclaim the power of incentives with a platform built for revenue teams. Leading companies like ClassPass and Gong rely on CaptivateIQ to transform their data, build any commission plan, and simplify their workflows to maximize productivity and achieve revenue goals. Headquartered in San Francisco, the company is backed by tier-one investors including Sequoia, Accel, ICONIQ Growth, Sapphire, Bessemer, Foundation Capital, Workday Ventures and Y Combinator. To learn more, visit www.captivateiq.com and follow @captivateiq.
CaptivateIQ, the CaptivateIQ logo, and any CaptivateIQ product and service names used herein are trademarks of CaptivateIQ, Inc. Other brand names that may be referenced herein are solely for identification purposes and may be the trademarks of their respective owners. Any CaptivateIQ customer experiences described herein may not be representative of all customer experiences.
Media Contact
Tom Hannigan
Bateman Agency for CaptivateIQ
captivateiq@batemanagency.com
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SOURCE CaptivateIQ | https://www.wbay.com/prnewswire/2022/08/03/captivateiq-expands-leadership-team-drive-excellent-customer-experiences/ | 2022-08-03T13:28:44Z | https://www.wbay.com/prnewswire/2022/08/03/captivateiq-expands-leadership-team-drive-excellent-customer-experiences/ | true |
KINSHASA, Congo (AP) — Congo’s government is reassessing the presence of United Nations peacekeepers after protests against the force in the country’s east have killed at least 36 people.
President Félix Tshisekedi chaired a crisis meeting as demonstrations escalated after U.N. peacekeepers opened fire on civilians, killing three, in Kasindi, an eastern border post with Uganda.
In addition to the deaths in Kasindi others have died in the eastern towns of Goma, Butembo, Uvira and Kanyabayonga, Congo’s government spokesman Patrick Muyaya said in a statement Tuesday.
He said the government had consulted civic groups in the affected areas and “the populations made a clear request: that of seeing (the U.N. peacekeepers) leave Congo,” he said.
At the crisis meeting, Congo’s president said that he spoke with U.N. Secretary-General Antonio Guterres, who expressed deep condolences after the killings at the Kasindi post, according to the statement.
Tshisekedi said shared his total disapproval of the behavior of the U.N. peacekeepers and told the secretary-general that those guilty of the violence must be severely punished. Guterres had called for justice over the weekend.
The government will convene a meeting with the U.N. mission to discuss the possibility of its withdrawal, Muyaya said in the statement. No date has been set for the meeting.
The U.N. force in Congo, known as MONUSCO, has about 16,000 uniformed personnel but has not succeeded in stabilizing the country’s volatile east. Recently the M23 rebels have carried out numerous attacks.
The U.N. force has already withdrawn from two provinces of Congo, Kasai and Tanganyika. | https://www.cbs42.com/news/international/congo-to-reassess-un-force-after-36-killed-in-protests/ | 2022-08-03T13:29:08Z | https://www.cbs42.com/news/international/congo-to-reassess-un-force-after-36-killed-in-protests/ | false |
- STP0404 is the only clinical safety proven HIV treatment candidate with a novel mechanism that can block HIV re-activation.
- STP0404 is expected to enter Phase 2a clinical trial in the US in 4Q 2022.
SEOUL, South Korea, Aug. 3, 2022 /PRNewswire/ -- ST Pharm Co., Ltd. (237690:KOSDAQ) announced on 3rd August that the Phase 1 clinical trial results of STP0404, the HIV treatment candidate, was presented at the 24th International AIDS Conference took place in Montreal, Canada from 29th July to 2nd August.
The International AIDS Conference is the biggest AIDS conference worldwide, held by the International AIDS Society (IAS) which has over 13,000 members from more than 170 countries. All submitted abstracts went through a blind peer-review process by international reviewers and only 300 abstracts were selected to be presented. Among those, the Phase 1 clinical trial results of STP0404 was selected with high score and was formally invited for poster presentation with a poster title, "The First-in-Human Clinical Trial of STP0404, a Novel Potent HIV-1 Allosteric Integrase Inhibitor".
STP0404 is the world's first AIDS treatment with an ALLINI (Allosteric Integrase Inhibitor) mechanism in human clinical trials. All competing drugs developed with the same mechanism failed in preclinical stage due to toxicity issues.
A total of 65 healthy male adult participants, aged from 18 to 45, were included in this Phase 1 clinical study. A total of 28 adverse events (AE) were reported. Headache and diarrhoea with mild to moderate intensity were most frequently reported as treatment emergent adverse events (TEAE). There were no severe AE, Serious AE reported and no clinically significant trend or abnormalities observed in laboratory tests, physical examination, vital signs and ECG evaluations. Since there were no clinically significant AEs reported at the highest dose levels (800 mg in single ascending dose part [SAD] and 400 mg in multiple ascending dose part [MAD]), the maximum tolerated dose was not confirmed. STP0404 also demonstrated consistent pharmacokinetics at various dose levels showing drug exposure increased less-proportionally with dose, and presented an elimination half-life can support once daily dosing regimen.
ST Pharm stated, "From nonclinical studies, dosing with 0.01~10 μM of STP0404 in HIV reactivated T cells reduced the p24 level from over 270 pg/mL to 30 pg/mL. These results can be considered as potentially functional cure. STP0404 not only has optimal antiviral effects as mono-treatment against wild-type strains, but also presented excellent antiviral activities against clinical isolates and reactivated virus that have developed resistance. As the safety of STP0404 was confirmed in Phase 1 trial, a Phase 2a study is planned to be initiated this year."
ST Pharm is further evaluating the clinical potential of co-administering STP0404 with marketed AIDS treatments, and is also developing long-acting injectables.
Learn more at www.stpharm.co.kr/?lang=en
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SOURCE ST Pharm Co., Ltd. | https://www.kold.com/prnewswire/2022/08/03/st-pharm-presents-phase-1-clinical-trial-results-hiv-treatment-candidate-aids-2022/ | 2022-08-03T13:29:42Z | https://www.kold.com/prnewswire/2022/08/03/st-pharm-presents-phase-1-clinical-trial-results-hiv-treatment-candidate-aids-2022/ | false |
ATLANTIC CITY, N.J. (AP) — Joe Lupo, who has helped two of Atlantic City's most successful casinos thrive through years of market turbulence, will run the Mirage Hotel & Casino once Hard Rock buys the Las Vegas property from MGM Resorts International, his company said Wednesday.
Hard Rock told The Associated Press that Lupo will become president of the casino once the sale is completed and approved by Nevada gambling regulators.
The job is among the highest-profile casino leadership positions in the country.
He is currently president of Hard Rock's Atlantic City casino, which has become one of the city's top-performing casinos since opening in 2018. He formerly worked as senior vice president of the city's market-leading Borgata casino.
“The last four years in Atlantic City have been such a rewarding experience for me,” Lupo said. “I feel humbled and excited to be appointed as the new president of the Hard Rock Hotel & Casino Las Vegas project, and to return home to my family.”
Hard Rock chairman Jim Allen said Lupo “has achieved amazing results” in his four years leading the company's Atlantic City property.
“Thanks to his dedication and expertise, financial results continue to outperform expectations, while our team members share an unmatched commitment to guest service and satisfaction,” Allen said. “I am confident Joe Lupo will achieve even greater success at the Hard Rock Hotel & Casino Las Vegas.”
An Ohio native, Lupo has history in Las Vegas, having worked at various Boyd Gaming properties there and in Laughlin, Nevada, including the former Stardust Hotel & Casino Las Vegas, where he was the director of the race and sportsbook.
He also served as president of the Seminole Hard Rock Hotel & Casino in Tampa, Florida.
Lupo will be succeeded as president at Hard Rock Atlantic City by the casino's general manager, Anthony Faranca, on Sept. 1.
“I’m thrilled to lead this incredible team and confident that we will continue to accomplish great things in Atlantic City,” he said.
Lupo currently serves as president of the Casino Association of New Jersey, the trade association for Atlantic City's nine casinos. The group is expected to announce a successor soon.
___
Follow Wayne Parry on Twitter at www.twitter.com/WayneParryAC
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. | https://www.mynews13.com/fl/orlando/ap-top-news/2022/08/03/atlantic-citys-joe-lupo-to-run-mirage-casino-for-hard-rock | 2022-08-03T13:30:06Z | https://www.mynews13.com/fl/orlando/ap-top-news/2022/08/03/atlantic-citys-joe-lupo-to-run-mirage-casino-for-hard-rock | false |
Calframax is Sybridge's First Acquisition Focused on the Consumer End-Market
Transaction Marks SyBridge's Twelfth Acquisition in Three Years
SyBridge Continues to Develop into an Industrial Technology Solutions Partner for Customers in High-Growth Industries
SOUTHFIELD, Mich., Aug. 3, 2022 /PRNewswire/ -- SyBridge Technologies ("SyBridge"), a global industrial technology company, announced today that it has acquired Calframax Technologies, Inc. ("Calframax"), a leader in the precision tooling market and headquartered in Oldcastle, Ontario Canada. Calframax expands SyBridge's presence in the consumer end-market. This transaction marks SyBridge's twelfth acquisition since inception in 2019.
Calframax, founded in 1995, is a leader in the construction of precision molds, with market leadership in the manufacturing of rigid plastic molds serving both the consumer goods and industrial pails market. Calframax also supports its customers throughout the production process from design and engineering to aftermarket parts, spares and repairs. Calframax is Sybridge's first acquisition that is focused on the consumer end-market.
SyBridge Technologies was established in 2019 by Crestview Partners, a New York based private equity firm, who committed $200 million of equity to create a market leading value-added manufacturing solutions provider spanning end-markets, geographies, and advanced technological capabilities.
Tony Nardone, CEO of SyBridge, said of the transaction, "Calframax is an exciting expansion into rigid plastic mold making and continues our vision of building a leadership position in consumer goods markets. The combination of Calframax's and SyBridge's capabilities will enable us to better serve Calframax customers throughout North America. With this transaction, SyBridge will be able to leverage its full network of capabilities to seamlessly serve consumer goods customers in North America."
Bill McDonough, President of SyBridge's Consumer & Life Sciences Business Units, added, "Calframax owners Joe Gasparovic and Ray Little have done a great job in building a top tier consumer tooling company. The entire Calframax team will strengthen the Sybridge franchise. We are excited to welcome new team members and work together to support our customers' continued growth investments."
Calframax's owners, Joe Gasparovic & Ray Little, commented "We are very pleased to be part of SyBridge Technologies. Joining forces with their platform is a natural next step in the evolution of our company. We look forward to the opportunities this transaction creates for our customers and employees."
About SyBridge Technologies
SyBridge Technologies was established in 2019 by Crestview Partners to create a global technology leader that provides value-added design and production solutions across multiple industries. SyBridge is based in Southfield, Michigan. For more information, please visit www.sybridgetech.com.
About Calframax Technologies
Founded in 1995, Calframax provides design & engineering, precision manufacturing and aftermarket services for customers in consumer and industrial packaging. Calframax is located in Oldcastle, Ontario. For more information, please visit www.calframax.com.
About Crestview Partners
Founded in 2004, Crestview is a value-oriented private equity firm focused on the middle market. The firm is based in New York and manages funds with approximately $10 billion of aggregate capital commitments. The firm is led by a group of partners who have complementary experience and backgrounds in private equity, finance, operations and management. Crestview has senior investment professionals focused on sourcing and managing investments in each of the specialty areas of the firm: industrials, media, and financial services. For more information, please visit us at www.crestview.com.
For more information, please contact:
Jeffrey Taufield or Daniel Yunger
Kekst CNC
(212) 521-4800
jeffrey.taufield@kekstcnc.com / daniel.yunger@kekstcnc.com
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SOURCE SyBridge Technologies; Crestview Partners | https://www.kold.com/prnewswire/2022/08/03/sybridge-technologies-acquires-calframax-technologies/ | 2022-08-03T13:30:09Z | https://www.kold.com/prnewswire/2022/08/03/sybridge-technologies-acquires-calframax-technologies/ | false |
The Northeast is one of the most impacted areas of the United States by sea level rise, seeing twice as many days of high tide flooding as compared to 2000, according to a new report from the National Oceanic and Atmospheric Administration.
Philadelphia and Atlantic City are no exception:
Philly saw 8 days of flooding from just high tides — not storms — in 2021 in what’s known as “sunny day flooding.” It saw 3 days in 2000. NOAA projects the city will experience 40 to 65 days by 2050.
Atlantic City saw 13 days last year of sunny day flooding. It averaged 5 in 2000. Projections call for a rise to 75 to 110 days by 2050.
It’s easy to understand why the New Jersey Shore, on the Atlantic Ocean, experiences more flooding because of sea level rise. But Philly is also a coastal city flanked by the Delaware River, an estuary that starts in Cape May and rises and drops with the tides all the way to Trenton.
“The tide is sneaky,” William Sweet, a NOAA oceanographer, said during a press briefing Tuesday on the state of high tide flooding in the U.S. “The tide has increased and gotten higher. So sea level rise will also show its face in these areas like Philadelphia and Washington.”
Sea level rise is in part attributed to warming caused by the burning of fossil fuels as ice on land melts and warmer water expands, so environmentalists were ecstatic last week over the “Inflation Reduction Act,” a compromise bill reached July 27 by Sens. Chuck Schumer (D., N.Y.) and Joe Manchin (D., W.Va.).
The bill would invest $369 billion to fight climate change. It includes tax rebates and credits to lower household energy costs. It contains provisions to foster research and production of wind turbines, solar panels, and batteries. It would provide incentives to buy electric vehicles.
Other tax credits are aimed at reducing carbon emissions and lessening the impact of agriculture. Senate Democrats estimate that it would reduce carbon emissions by roughly 40% by 2030.
Scientists say big measures are needed to reduce greenhouse gasses that help cause warming that ultimately produces more flooding.
High-tide flooding, a symptom of climate change, is also referred to as “king” or “nuisance” tides and is becoming increasingly common, according to NOAA. High tide flooding refers to an overflow of seawater at high tide that covers low-lying areas. It typically occurs when tides reach between 1.75 to 2 feet above the daily average high tide. The tides then spill into streets or percolates up from storm drains.
“As sea level rise continues, damaging floods that happened decades ago only during a storm now happen more regularly, like during a full-moon or with a change in prevailing winds or currents,” according to NOAA.
Sea level rise worsens storm surge because the water starts at a higher base level. Surges occur when water rises above a normal level and gets pushed inland by wind.
Already in 2022, Reedy Point, Del., has seen a record six high tide flooding days and one more than last year.
By 2050, high tide flooding in the U.S. is expected to average 45 to 70 days, based on projections using expected relative sea level rise. Relative sea level rise takes into account sinking of land known as subsidence. Subsidence, which can be natural or caused by human withdrawal of drinking water, magnifies the effects of sea level rise.
Sweet said flooding has been stable the past two years because of a now weakening La Niña, which has the effect of lowering sea levels, and because the moon has wobbled away from the earth, lessening gravitational pull.
Both phenomena will reverse in coming years with an El Niño expected in fall, and the moon wobbling back, resulting in the resumption of a steady march of higher tides Sweet called the “steady creep of sea level rise.”
Despite forces now holding flooding at bay, Sweet said, U.S. communities still saw an average of four days of high tide flooding in 2021, just shy of the record of five days.
And for U.S. coastal locations, he said, “the number of high tide flooding days is growing.”
Sweet said an additional sea level rise of about two feet is expected over the next 30 years. NOAA says people can expect that the resulting higher tides will mean the impacts of tropical storms will be more severe. | https://www.inquirer.com/news/noaa-flooding-philadelphia-atlantic-city-sea-level-rise-climate-change-20220803.html | 2022-08-03T13:30:48Z | https://www.inquirer.com/news/noaa-flooding-philadelphia-atlantic-city-sea-level-rise-climate-change-20220803.html | false |
ROME (AP) — Pope Francis marked the second anniversary of the Lebanon port explosion by insisting Wednesday that truth and justice “can never be hidden,” in an apparent reference to the stalled investigation into the disaster.
Francis made the comments at the end of his weekly general audience, the first after his monthlong summer break.
Recalling the upcoming anniversary, Francis said he was praying for the families of the victims “of that disastrous event and the dear Lebanese people.”
“I pray that each one may be consoled by faith, and comforted by justice and truth that can never be hidden,” he said.
The Aug. 4, 2020, detonation of ammonium nitrate at the port was one of the world’s biggest non-nuclear blasts. It killed at least 215 people, injured more than 6,000 and sent pressure waves across the capital. The investigation into the disaster has been blocked for months by Lebanese political powers, who have ensured that no one has to date been held accountable. Many Lebanese blame the government’s longtime corruption and mismanagement for the tragedy.
Francis prayed for Lebanon to be reborn and remain true to its “vocation as a land of peace and pluralism where different religious communities can live in fraternity.”
Francis, 85, had been planning to travel to Lebanon this past spring, but strained knee ligaments forced him to postpone the trip. No new date has been set. | https://www.kxnet.com/news/international/ap-international/pope-on-lebanon-blast-anniversary-truth-can-never-be-hidden/ | 2022-08-03T13:31:36Z | https://www.kxnet.com/news/international/ap-international/pope-on-lebanon-blast-anniversary-truth-can-never-be-hidden/ | false |
HONG KONG, Aug. 3, 2022 /PRNewswire/ -- READEN HOLDING CORPORATION (OTC PINK: RHCO), a Venture Capital Corporation which is active in the Fintech, Online Payment and E-commerce industries, today announced a new development of OkeApp (www.okepartners.com), the unique discount referral app fully owned by RHCO which was under beta testing for the past 90 days and will be fully launched by the end of this month. OkeApp will launch a travel membership program: Oke Travel Club.
Oke Travel Club is a worldwide selection of travel-related services and products designed to offer OkeApp members significant price reductions on all of their travel needs globally. RHCO has recently signed a partnership agreement with one of the largest travel services and products wholesaler in the United States. With this collaboration, Oke Travel Club will offer discounts up to 50% off for hotels, resorts, theme parks, cruises, air tickets, car rentals, as well as retail shops, dining and entertainment all over the world to OkeApp members. The membership program will provide a selection of 1 million+ locations of hotel and resorts, 205,000+ retail shops, 60,000+ restaurants, 45,000+ car rentals, 500+ airlines and 50+ major cruise lines. The selection includes some of the world's best brands, such as Avis in car rentals, Costco in retails, Domino's in Food, Foot Locker in sports goods, Red Lobster's in restaurants, Walt Disney World in theme parks, Royal Caribbean in cruise lines, etc.
All OkeApp members can access Oke Travel Club through OkeApp, making travel selections, bookings and claiming the discount offers all in one app. The addition of Oke Travel Club to OkeApp will make it a must-have app / membership for consumers and travelers all over the world. RHCO expects the growth of OkeApp will be strongly stimulated by Oke Travel Club, and it targets to build OkeApp and Oke Travel Club into the largest discount club globally.
The launch of Oke Travel Club is also in synergy with RHCO's comprehensive back-end Online Payment platform OkePay (www.okepay.biz). Oke Travel Club will further optimize the utilization of OkePay, which handles all the payments of OkeApp. It accepts standard credit and debit cards, such as Visa, MasterCard, AMEX, UnionPay, along with Alipay, WeChat Pay and other mobile wallets and e-vouchers.
RHCO expects to officially launch OkeApp and Oke Travel Club by the end of this month. Major upgrade will be added to OkeApp to facilitate the accessibility to Oke Travel Club, and currently the web site www.oke-travel.com is under construction.
Richard Klitsie, CEO of RHCO stated, "RHCO recognizes the enormous need for post-COVID travelers to have cost-effective options. As the world opens back up to travelers, Oke Travel Club will be an essential membership for everyone's travel arrangements. We strongly believe more people would want to use OkeApp because of Oke Travel Club. As we expect travel activities are getting back to normal worldwide, Oke Travel Club will instantly add extra values to OkeApp, and generates substantial profit to our business."
Readen Holding Corp. (www.readenholdingcorp.com) is a publicly traded Venture Capital Corporation, with major holdings in the Fintech Industry and has been increasing its investment in E-commerce and E-payment sectors, such as;
RHCO is a diversified holding company, with an operating history of over 30 years, which seeks opportunities to acquire and grow businesses that can generate long-term sustainable free cash flow and attractive returns, in order to maximize value for all shareholders. RHCO has subsidiaries and liaison offices in Europe and Asia.
For further information please contact RHCO at info@readenholdingcorp.com
or +852 3950 5911
The RHCO corporate email address is info@readenholdingcorp.com
The RHCO corporate website can be accessed at www.readenholdingcorp.com
The RHCO Twitter account can be accessed at https://twitter.com/readenrhco
This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, which are intended to be covered by the safe harbors created thereby. Investors are cautioned that, all forward-looking statements involve risks and uncertainties, including without limitation, the ability of Readen Holding Corp. to accomplish its stated plan of business. Readen Holding Corp. believes that the assumptions underlying the forward-looking statements contained herein are reasonable, any of the assumptions could be inaccurate, and therefore, there can be no assurance that the forward-looking statements included in this press release will prove to be accurate. In light of the significant uncertainties inherent in the forward- looking statements included herein, the inclusion of such information should not be regarded as a representation by Readen Holding Corp. or any other person.
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SOURCE Readen Holding Corporation | https://www.wcjb.com/prnewswire/2022/08/03/readen-holding-corporation-otc-pink-rhco-announces-new-plan-launch-oke-travel-club/ | 2022-08-03T13:31:43Z | https://www.wcjb.com/prnewswire/2022/08/03/readen-holding-corporation-otc-pink-rhco-announces-new-plan-launch-oke-travel-club/ | true |
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For best results, activate with the warmth of your fingertips and apply to your cheekbones, nose and brow line. Layer on for a deep, intense glow.
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0.17 oz / 4.8 g
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Mango Butter deeply nourishes and hydrates the skin
Adaptogens such as Ashwagandha, Brahmi, and Triphala shield the skin from environmental stressors, and keep it calm and pacified
Orange peel oil brightens skin, and promotes radiance while adding a sweet and refreshing aroma | https://www.refinery29.com/en-us/shop/product/highlighter-11071090 | 2022-08-03T13:31:54Z | https://www.refinery29.com/en-us/shop/product/highlighter-11071090 | true |
Caught on video: Bus driver helps lost toddler in Wisconsin
GREEN BAY, Wis. (WBAY/Gray News) - A bus driver with Green Bay Metro Transit helped a toddler reunite with his mom last Tuesday.
“Operators are trained to be very observant and aware of their surroundings, so a lot goes into it when they’re moving down the road,” said Jake Lueptown, the operations supervisor.
That training kicked into high gear for one driver, who declined an on-camera interview, when an unattended little boy ran across a street in Bellevue around 6:30 p.m.
The WBAY crew noticed a busy street was just one block away in the direction the boy was headed.
Surveillance video from the bus shows several angles of the road and inside the bus. It shows the driver taking the boy into the bus.
“We’re going to find your mom and dad, OK? Find out where they went. Did you wander away from the house? Yeah. Yeah? Do you live here? Are you in the apartments?” asked the driver.
She continued to ask questions and reassure the boy they’ll find mom and dad. They remained in the bus for about 10 minutes until law enforcement showed up.
“Hey buddy, how are you?” asked the officer. “He was just standing in the middle of the road here,” said the driver.
The Brown County Sheriff’s Office said the boy was reunited with his mom.
Lueptow said he is proud of the driver and said it’s what they do.
“Just goes to show how the great job that the drivers do in utilizing that training, being observant, aware of their surroundings and always willing to help out any way that we can,” he said.
Copyright 2022 WBAY via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/03/caught-video-bus-driver-helps-lost-toddler-wisconsin/ | 2022-08-03T13:36:04Z | https://www.wibw.com/2022/08/03/caught-video-bus-driver-helps-lost-toddler-wisconsin/ | true |
Article describes Enteris' strengths and scalability in working with highly potent active pharmaceutical ingredients
BOONTON, N.J., August 3, 2022 /PRNewswire/ -- Enteris BioPharma, Inc., a biotechnology company developing innovative drug products based on its proprietary delivery technologies, and a wholly-owned subsidiary of SWK Holdings Corporation (Nasdaq: SWKH), announced today that Director of Manufacturing at Enteris, Angelo P. Consalvo, was featured in Drug Development and Delivery discussing the capabilities of Enteris as a specialized CDMO able to overcome the pandemic-induced disruption of supply chains for highly potent active pharmaceutical ingredients (HPAPIs). The feature can be accessed at
https://drug-dev.com/special-feature-outsourcing-formulation-development-manufacturing-understanding-critical-attributes-earlier-in-development-leads-to-a-more-robust-drug-product/#enteris
In the article, Mr. Consalvo discussed the skills necessary to work with HPAPIs, the need for quality and safety in manufacturing with these products, and how Enteris has the flexibility and expertise to provide solid oral dosages of these products for clinical trials and small-scale commercial production.
"We are honored to be included in the Drug Development & Delivery special feature and explain how Enteris is responding to a gap in the manufacture of HPAPI solid oral drugs," stated Mr. Consalvo. "The pandemic has tragically highlighted the fragility of larger CMOs. We are proud to offer our specialized skill set and meet a variety of manufacturing needs. We can overcome traditional challenges in the development of HPAPIs such as achieving content uniformity and bioavailability for low-dose, limited quantity products. Most importantly, we can manufacture our high-quality products while saving significant time and resources, prioritizing both safety and efficiency. We are excited to share our knowledge and welcome the opportunity to work with both large pharmaceutical companies and smaller biotechs to service their HPAPI needs."
Enteris BioPharma completed the renovation of its Boonton, NJ, manufacturing plant, which now encompasses a 32,000-square-foot, state-of-the-art facility with multiple suites dedicated to HPAPI handling/containment and solid oral dose manufacturing. This technical capacity is complemented by extensive experience and specialized knowledge working with HPAPIs and low-dose formulations to achieve excellent content uniformity.
Enteris BioPharma, Inc. is a wholly-owned subsidiary of SWK Holdings Corporation (Nasdaq: SWKH) offering total integrated contract development and manufacturing (CDMO) services for innovative formulation solutions utilizing its proprietary drug delivery technologies, Peptelligence® and ProPerma®, and contract manufacturing (CMO) services using non-proprietary technologies. The company's proprietary technologies have been the subject of numerous feasibility studies and active development programs, some of which are in clinical development. Additionally, Enteris BioPharma is advancing an innovative internal product pipeline of drug products that address significant unmet clinical needs for which there is no satisfactory treatment option. For more information on Enteris BioPharma and its proprietary oral drug delivery technologies, please visit http://www.EnterisBioPharma.com.
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SOURCE Enteris BioPharma, Inc. | https://www.wlbt.com/prnewswire/2022/08/03/enteris-biopharma-manufacturing-expertise-highlighted-drug-development-amp-delivery-special-feature-outsourcing-formulation-development-amp-manufacturing/ | 2022-08-03T13:40:29Z | https://www.wlbt.com/prnewswire/2022/08/03/enteris-biopharma-manufacturing-expertise-highlighted-drug-development-amp-delivery-special-feature-outsourcing-formulation-development-amp-manufacturing/ | false |
'We've become the charity shop capital': Furious residents blast influx of second-hand stores 'taking over' their historic market town
- Residents of Alnwick in Northumberland are fuming and believe more must be done to help local businesses
- The town has a 1,000-year history and was once a thriving tourist venue with local restaurants and shops
- Locals say that nearby Alnwick Castle's new retail and commercial site stop tourists visiting the town centre
- Is YOUR town overrun with charity shops? Email elizabeth.haigh@mailonline.co.uk
Residents living in an historic market town have slammed an influx of second-hand stores amid claims it is becoming a 'charity shop capital'.
A total of nine charity and second-hand shops are trading in the Northumberland town of Alnwick - including two Cancer Research outlets just yards apart.
The ancient cobbled street of Bondgate Within is home to shops run by the Salvation Army, RSPCA and local charity Lions Books.
Cancer Research boasts two shops, one next to a branch of Cats Protection and the other 50 yards away, competing with Oxfam.
On the same road, and in the shadow of the world famous Alnwick Castle, are shops run by dog charity Shak, Cats Protection, Mind and Oxfam.
And the rush of charity shops is still ongoing - a new shop in aid of Hospice Care has recently opened for three days a week just yards from the castle gates.
The Duke of Northumberland Ralph Percy, 62, and his wife Duchess Jane, 60, live in Alnwick castle which starred as Hogwarts in Harry Potter, and also featured in TV's Downton Abbey and Blackadder.
But the Duke, who is close friends with Prince Charles and is worth an estimated £315 million, has been accused of not doing enough to promote businesses in the town - instead drawing it away.
The town used to have a Threshers alcohol store, but the site has since been a charity shop branch of the Salvation Army
Locals say Alnwick's town centre has become dominated by charity shops and empty units, and local businesses are struggling to survive
Charity shops such as the RSPCA are some of the only high street stores to have survived, after the Willowburn Retail Park is said to draw visitors away from the town
Residents describe the town centre as a 'ghost town' and the 'capital of charity shops', with nine different stores in the town's tiny centre
Streets that were once full of thriving shops now feature empty premises and boarded-up restaurants, while charity shops continue to open
The castle's own website states that the current Duke and Duchess have taken significant steps to turn the site into a tourist attraction: 'As well as managing the more traditional estate businesses of agriculture, forestry and minerals, the Duke has overseen expansion of the portfolio to include planning and development and commercial property.
'With his Duchess, Jane, they have developed Alnwick Castle as a significant visitor attraction while the Duchess has masterminded a garden renaissance in the creation of The Alnwick Garden.'
One business owner, who did not want to be identified, said: 'Alnwick should be like a mini York but instead it's like a ghost town.
'We've got a world famous castle and grounds literally on our doorsteps but visitors take one look around the town and get in their cars and leave.
'There was a time when Alnwick was full of little businesses and cafes but now we've become the charity shop capital of the North East.
'I do think the Duke should be doing much more to promote the town and attract businesses to trade here.'
Resident Janet Bennett, 50, said: 'There is a view here that visitors come to the castle and the shops and restaurants nearby don't benefit.
'Alnwick Castle is almost like a little retail park in its own right, its got restaurants, shops and food stalls so visitors needn't go into the town at all.
The Duke of Northumberland's castle is a tourist attraction for the town - but locals say it is a retail park and dissuades visitors from venturing into the town centre
Ralph Percy (left) and wife Jane, the Duke and Duchess of Northumberland, are long-standing friends of Prince Charles
The historic town dates back around 1,000 years, but despite its local charm visitors favour the Duke of Northumberland's castle instead
Alnwick has two different Cancer Research UK stores within yards of one another - a fact resident Janet Bennett is up in arms about: 'Just how many Cancer Research shops does one town need?
Alnwick Castle was featured as the magical Hogwarts in the Harry Potter films, and has also appeared in Downton Abbey and Blackadder
Locals certainly aren't short of places to take their pre-loved clothing and belongings, but are angry the Duke of Northumberland hasn't done more to help the town
'A friend recently visited me from London and she said that if you're into bargain hunting and second-hand clothes then Alnwick is the place to be.
'I think it's a real shame to see so many boarded up shops while these charity shops take over. Just how many Cancer Research shops does one town need? We've got two for goodness sake.'
Elsewhere in the town, which has a population of 8,000 and dates back almost 1,000 years, once thriving shops, cafes and restaurants lie derelict.
Half-a-mile from the town square, the Ford garage lies empty after it closed earlier this year while engineering firm Hardy Advances Composites, which employed 50 people, is for sale.
The new Willowburn Retail Park, which is owned by the Duke's Northumberland Estates, is also blamed for drawing businesses and visitors away from the historic town centre.
It already hosts a large M&S Foodhall and Turnbull's butchers have opened a shop and deli on the retail park and a large B&M store is set to open next year.
Last year Alnwick was named among several other towns in Northumberland to benefit from a share of a £3 million regeneration fund.
Northumberland County Councillor John Benyon said at the time: 'On Alnwick, yes, they have the castle and the gardens.
'But the town centre is suffering because of the out-of-town shopping.Also, as the gardens and the castle aren't in the centre, they draw people away from the centre.' | https://www.dailymail.co.uk/news/article-11076611/Weve-charity-shop-capital-Furious-residents-blast-influx-taking-historic-town.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-08-03T13:40:44Z | https://www.dailymail.co.uk/news/article-11076611/Weve-charity-shop-capital-Furious-residents-blast-influx-taking-historic-town.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true |
UNITED NATIONS (AP) — The U.N. nuclear chief warned that Europe’s largest nuclear power plant in Ukraine “is completely out of control” and issued an urgent plea to Russia and Ukraine to quickly allow experts to visit the sprawling complex to stabilize the situation and avoid a nuclear accident.
Rafael Grossi, director general of the International Atomic Energy Agency, said in an interview Tuesday with The Associated Press that the situation is getting more perilous every day at the Zaporizhzhia plant in the southeastern city of Enerhodar, which Russian troops seized in early March, soon after their Feb. 24. invasion of Ukraine.
“Every principle of nuclear safety has been violated” at the plant, he said. “What is at stake is extremely serious and extremely grave and dangerous.”
Grossi cited many violations of the plant’s safety, adding that it is “in a place where active war is ongoing,” near Russian-controlled territory.
The physical integrity of the plant hasn’t been respected, he said, citing shelling at the beginning of the war when it was taken over and continuing information from Ukraine and Russia accusing each other of attacks at Zaporizhzhia.
There is “a paradoxical situation” in which the plant is controlled by Russia, but its Ukrainian staff continues to run its nuclear operations, leading to inevitable moments of friction and alleged violence, he said. While the IAEA has some contacts with staff, they are “faulty” and “patchy,” he said.
Grossi said the supply chain of equipment and spare parts has been interrupted, “so we are not sure the plant is getting all it needs.” The IAEA also needs to perform very important inspections to ensure that nuclear material is being safeguarded, “and there is a lot of nuclear material there to be inspected,” he said.
“When you put this together, you have a catalog of things that should never be happening in any nuclear facility,” Grossi said. “And this is why I have been insisting from day one that we have to be able to go there to perform this safety and security evaluation, to do the repairs and to assist as we already did in Chernobyl.”
The Russian capture of Zaporizhzhia renewed fears that the largest of Ukraine’s 15 nuclear reactors could be damaged, setting off another emergency like the 1986 Chernobyl accident, the world’s worst nuclear disaster, which happened about 110 kilometers (65 miles) north of the capital Kyiv.
Russian forces occupied the heavily contaminated site soon after the invasion but handed control back to the Ukrainians at the end of March. Grossi visited Chernobyl on April 27 and tweeted that the level of safety was “like a `red light’ blinking.” But he said Tuesday that the IAEA set up “an assistance mission” at Chernobyl at that time “that has been very, very successful so far.”
The IAEA needs to go to Zaporizhzhia, as it did to Chernobyl, to ascertain the facts of what is actually happening there, to carry out repairs and inspections, and “to prevent a nuclear accident from happening,” Grossi said.
The IAEA chief said he and his team need protection to get to the plant and the urgent cooperation of Russia and Ukraine.
Each side wants this international mission to go from different sites, which is understandable in light of territorial integrity and political considerations, he said, but there’s something more urgent and that is getting the IAEA team to Zaporizhzhia.
“The IAEA, by its presence, will be a deterrent to any act of violence against this nuclear power plant,” Grossi said. “So I’m pleading as an international civil servant, as the head of an international organization, I’m pleading to both sides to let this mission proceed.”
Grossi was in New York to deliver a keynote speech at Monday’s opening of the long-delayed high-level meeting to review the landmark 50-year-old Nuclear Nonproliferation Treaty aimed at preventing the spread of nuclear weapons and eventually achieving a nuclear-free world.
In the interview, the IAEA chief also spoke about efforts to revive the 2015 nuclear deal between Iran and major powers that the Trump administration abandoned in 2018 and the Biden administration has been working to renew.
Grossi said there is “an ongoing effort to try to go for yet another meeting or round to explore possibilities to come to an agreement.” He said he heard the meeting “could be soon.”
U.S. Secretary of State Antony Blinken told the NPT review conference on Monday that Iran “has either been unwilling or unable” to accept a deal to return to the 2015 agreement aimed at reining in its nuclear program.
Grossi said “there are important differences among the negotiating parties” and important verification issues related to past activities that Iran needs to address. “It’s not impossible, it’s complex,” he said.
If the nuclear agreement, known as the JCPOA, is not extended, he said some IAEA inspections will continue. But the JCPOA provides for additional transparency and inspections “which I deem as extremely important, very necessary, because of the breadth and depth of the nuclear program in Iran,” he said.
Grossi stressed that cooperating with the IAEA, answering its questions, allowing its inspectors to go wherever they need to be, is essential for Iran to build trust and confidence. “Promises and good words will not do,” he said.
On another issue, Grossi said last September’s deal in which the United States and Britain will provide Australia with nuclear reactors to power its submarines requires an agreement with the IAEA to ensure that the amount of nuclear material in the vessel when it leaves port is there when it returns.
He said Australia hasn’t decided what type of vessel it will be getting, so while there have been preparatory talks, substantive talks can’t begin.
Because it’s a military vessel, Grossi said, “there are lots of confidential and protection of information measures that need to be embedded into any such agreement, so it’s very complex technologically.” | https://www.krqe.com/science/ap-science/un-nuclear-chief-ukraine-nuclear-plant-is-out-of-control/ | 2022-08-03T13:41:22Z | https://www.krqe.com/science/ap-science/un-nuclear-chief-ukraine-nuclear-plant-is-out-of-control/ | true |
VIENNA (AP) — OPEC+ to boost oil production by much slower pace in September than in previous months, at 100,000 barrels a day.
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- Isabel Baley has been diving at City of Midland Aquatics since she was 6 years old, but none of... | https://www.mrt.com/news/article/Alert-OPEC-to-boost-oil-production-by-much-17347965.php | 2022-08-03T13:42:20Z | https://www.mrt.com/news/article/Alert-OPEC-to-boost-oil-production-by-much-17347965.php | false |
The DICK'S Sporting Goods Foundation partners with basketball stars Kahleah Copper, Allie Quigley, and legend Scottie Pippen to support youth athletes; commits $500,000 to DonorsChoose's Equity Focus initiative
CHICAGO, Aug. 3, 2022 /PRNewswire/ -- The DICK'S Sporting Goods Foundation's Sports Matter Giving Truck is making its next stop on August 4 in Chicago, gifting 10,000 youth athletes with sports equipment and hosting over 700 kids for Sports Matter Day. Now on its sixth tour, The Sports Matter Giving Truck inspires and enables youth sports participation by gifting sports equipment kits, hosting team building and goal setting activities, and providing youth athletes an opportunity to try a variety of sports. Basketball legend Scottie Pippen and current stars Kahleah Copper and Allie Quigley are partnering with The DICK'S Foundation to coach, mentor and play with kids at the event.
"Sports Matter Day is one of our proudest initiatives because you can see the tangible impact it has on children and the participating organizations," said Aimee Watters, Executive Director of The DICK'S Sporting Goods Foundation. "Beyond creating an unforgettable experience, Sports Matter Day is foundational to kids' future involvement in sports. The equipment they receive now will empower them to stay involved with the sports they love in the future."
In partnership with Good Sports, The DICK'S Foundation identified 32 youth sports organizations in the Chicago area to provide 10,000 youth athletes with a sports equipment kit including water bottles, apparel, and sports-specific training gear so they can participate in the sport they love most.
While #SportsMatterDay aims to strengthen the bond kids have with athletics, The DICK'S Foundation also recognizes the pivotal role education has in the lives of young student-athletes.
In a commitment to support the "student" pillar of student-athletes, The DICK'S Sporting Goods Foundation is also continuing their partnership with DonorsChoose:
- DonorsChoose: Starting August 4, The DICK'S Sporting Goods Foundation is contributing $500,000 to double donations to every team sports project at Equity Focus Schools, supporting racial equity in school sports. This means, for example, that every $20 donation to qualifying projects will become $40 for those teams in need. Since 2015, The DICK'S Sporting Goods Foundation has partnered with DonorsChoose to help student athletes at more than 5,700 schools across all 50 states stay involved in sports with more than $12.8 million in donations. For more information on the DonorsChoose Equity Focus initiative, please visit DonorsChoose.org/equity-focus.
Since 2014, DICK'S and The DICK'S Sporting Goods Foundation have committed more than $189 million to support young athletes. Sports Matter raises awareness for the youth sports funding crisis as the fight to save youth sports continues across the U.S. The first Sports Matter tour began in 2020 and since then, more than 65,000 gifts of sports equipment has been gifted to youth across the country.
For more information on how your team can apply for funding or to donate to Sports Matter, please visit SportsMatter.org.
About DICK'S Sporting Goods
DICK'S Sporting Goods (NYSE: DKS) creates confidence and excitement by personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in Pittsburgh, the leading omnichannel retailer serves athletes and outdoor enthusiasts in more than 850 DICK'S Sporting Goods, Golf Galaxy, Field & Stream, Public Lands, Going Going Gone! and Warehouse Sale stores, online, and through the DICK'S mobile app. DICK'S also owns and operates DICK'S House of Sport and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile app for scheduling, communications, live scorekeeping and video streaming.
Driven by its belief that sports make people better, DICK'S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK'S business, corporate giving, sustainability efforts and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs and on Facebook, Twitter and Instagram.
About The DICK'S Sporting Goods Foundation
The DICK'S Sporting Goods Foundation is a tax exempt 501(c)(3) nonprofit corporation with a mission to inspire and enable sports participation. It was created by DICK'S Sporting Goods as a private corporate foundation to support DICK'S charitable and philanthropic activities. Driven by its belief that sports make people better, The DICK'S Foundation champions youth sports and provides grants and support to under-resourced teams and athletes through its Sports Matter program and other community-based initiatives. Additional information about The DICK'S Foundation can be found on sportsmatter.org and on Facebook, Twitter and Instagram.
Contact: DICK'S Sporting Goods – press@dcsg.com
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SOURCE DICK’S Sporting Goods, Inc. | https://www.wbrc.com/prnewswire/2022/08/03/dicks-sporting-goods-foundation-celebrates-sports-matter-day-chicago-by-donating-equipment-10000-youth-athletes/ | 2022-08-03T13:43:18Z | https://www.wbrc.com/prnewswire/2022/08/03/dicks-sporting-goods-foundation-celebrates-sports-matter-day-chicago-by-donating-equipment-10000-youth-athletes/ | true |
SAN FRANCISCO, Aug. 3, 2022 /PRNewswire/ -- Hagens Berman urges F45 Training Holdings, Inc. (NYSE: FXLV) investors who suffered significant losses to submit your losses now.
Visit: www.hbsslaw.com/investor-fraud/FXLV
Contact An Attorney Now: FXLV@hbsslaw.com
844-916-0895
The investigation focuses on F45's statements leading up to and after the company July 2021 IPO.
Specifically, in connection with F45's IPO the company promoted the rapid scalability of its business model as helping to promote the success of its franchisees. In addition, as recently as May 16, 2022, F45 Training assured investors that it had secured a $250 million line of credit that it could extend to franchisees to secure its target of 1,000 new studio openings in 2022.
Doubts about F45's representations emerged on July 26, 2022, when F45 announced that: (1) 2022 net studio openings would be more than 50% less that promised (i.e. between 350 and 450 vs. 1,000); (2) the $250 million credit line "will not be available," (3) its CEO (Adam Gilchrist) left his position more than a month beforehand (on June 24, 2022); and, (4) it is firing approximately 110 employees.
This news sent the price of F45 shares crashing 61% lower on July 27, 2022.
"We're focused on investors' losses and whether F45 misled investors about the scalability of its model and whether there was actual $250 million in committed funding available for franchisees," said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in F45 and have significant losses, or have knowledge that may assist the firm's investigation, click here to discuss your legal rights with Hagens Berman.
Whistleblowers: Persons with non-public information regarding F45 should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email FXLV@hbsslaw.com.
Hagens Berman is a global plaintiffs' rights complex litigation law firm focusing on corporate accountability through class-action law. The firm is home to a robust securities litigation practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and fraud. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Contact:
Reed Kathrein, 844-916-0895
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SOURCE Hagens Berman Sobol Shapiro LLP | https://www.wbrc.com/prnewswire/2022/08/03/fxlv-investor-alert-hagens-berman-national-trial-attorneys-encourages-f45-training-holdings-fxlv-investors-contact-firms-attorneys-firm-investigating-possible-securities-law-violations/ | 2022-08-03T13:43:44Z | https://www.wbrc.com/prnewswire/2022/08/03/fxlv-investor-alert-hagens-berman-national-trial-attorneys-encourages-f45-training-holdings-fxlv-investors-contact-firms-attorneys-firm-investigating-possible-securities-law-violations/ | false |
SOUTHFIELD, Mich., Aug. 3, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has joined Climate Group's RE100, a global renewable electricity initiative that includes over 370 major companies.
RE100 members commit to sourcing 100% of the electricity used across their global operations with electricity produced from renewable sources.
By integrating its Energy Efficiency Playbook and renewable energy strategy across the company, Lear plans to achieve 100% renewable energy for electric power consumed at its global sites by 2030.
Lear's operations in Germany, Poland and the United Kingdom currently meet the goal. In addition, the company is operating six on-site solar installations in Europe, South America, and Asia, with a seventh installation planned to be announced later this year.
Lear will use a combination of methods to procure and generate renewable electricity for its remaining global sites. The type of power source will depend on geographical location, applicable legislation and government regulations.
"Lear's strategy, aligned with RE100 and the United Nations' Sustainable Development Goals, illustrates our commitment to industry collaboration and building a more sustainable global economy," said Lear Vice President of Renewable Energy and Sustainability Jozef Chrzanowski. "We are excited to become a member of RE100 and take another step towards a carbon neutral future."
"Lear's commitment to 100% renewable electricity globally by 2030 demonstrates its leadership in energy transition," said the Director of Energy at Climate Group Sam Kimmins. "Together, our RE100 members represent a powerful force for positive change, and we encourage all large-scale businesses to join us."
RE100 is focused on accelerating change towards zero carbon grids by 2040.
To learn more about Lear's Climate Goals and sustainability strategy see our 2021 sustainability report here.
Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of talented employees in 38 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks 186 on the Fortune 500. Further information about Lear is available at lear.com or on Twitter @LearCorporation
RE100 is a global initiative bringing together the world's most influential businesses committed to 100% renewable electricity. Led by Climate Group, in partnership with CDP, our mission is to drive change towards 100% renewable grids, both through the direct investments of our members, and by working with policymakers to accelerate the transition to a clean economy. The initiative has over 370 members, ranging from household brands to critical infrastructure and heavy industry suppliers. With a total revenue of over US$6.6 trillion, our members represent 1.5% of global electricity consumption, an annual electricity demand higher than that of the UK.
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SOURCE Lear Corporation | https://www.wbrc.com/prnewswire/2022/08/03/lear-joins-climate-groups-re100-initiative-committing-100-renewable-electricity-its-global-sites-by-2030/ | 2022-08-03T13:44:17Z | https://www.wbrc.com/prnewswire/2022/08/03/lear-joins-climate-groups-re100-initiative-committing-100-renewable-electricity-its-global-sites-by-2030/ | false |
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BEIRUT (AP) — Ukraine's ambassador to Lebanon on Wednesday insisted a Syrian ship docked at a Lebanese port is carrying stolen Ukrainian grain and urged Lebanon to block the vessel from leaving.
The claim comes just days before the tiny cash-strapped country receives Ukraine’s first grain shipment since Russia’s invasion began over five months ago.
The Syrian-flagged Laodicea has been anchored at the port of Tripoli since it arrived last Thursday, carrying 10,000 tons of wheat flour and barley. Ukraine says the grain was stolen by Russia.
Ukrainian Ambassador to Lebanon Ihor Ostash urged Lebanon not to allow the vessel to leave the port.
The U.S. Treasury Department sanctioned the ship in 2015 for its affiliation with the Syrian government of President Bashar Assad, a close political and military ally to Moscow.
A senior Lebanese customs official said Friday that Ukraine’s claims that the ship contained stolen goods were untrue and that the vessel's papers appeared in order following an inspection.
Lebanon, already in the throes of a crippling economic and political crisis, has found itself entangled in the fallout from Russia’s war in Ukraine. A judge on Monday ordered the Laodicea not to set sail for 72 hours, following a request from Kyiv. However, Lebanon’s prosecutor general the following day decided the ship could set sail.
The Laodicea is now free to go once those 72 hours pass but that would anger Ukraine. Russia’s diplomatic mission in Lebanon praised the move, accusing Ukraine of lying about the cargo and trying to damage relations between Moscow and Beirut.
Ostash at a news conference Wednesday presented documents and mapping of the Laodicea’s journey and cargo. He said that evidence from Kyiv’s security agencies and judiciary indicates the vessel contained stolen goods.
“Of course it’s important to understand that we would like to go via legal procedures to ... provide all possible evidences and proofs of the Ukrainian side,” Ostash said. He presented a photo of what appears to be the Laodicea being loaded with the cargo in the Russia-annexed Crimea peninsula.
The ongoing fuss over the Laodicea comes as the first grain ship carrying 26,000 tons of Ukrainian corn aboard the Sierra Leone-flagged Razoni entered Turkey’s Bosporus Strait en route to the Tripoli port in Lebanon. It’s the first grain ship heading from the war-torn country since Russia’s invasion in late February.
A Lebanese official told The Associated Press on Wednesday that the ship is expected to take about four days to arrive in Lebanon from Istanbul after it was searched.
After presenting Kyiv’s latest evidence about the Laodicea, Ostash turned to the Razoni, which he said unlike the Syrian ship carried “in a legal way, not stolen, original Ukrainian grain.”
Lebanon condemned Russia’s invasion of Ukraine in February, which angered Moscow and its allies in Beirut. Ostash praised Lebanon again for taking this position.
The shipments come at a time when Lebanon is suffering from a food security crisis, with soaring food inflation, wheat shortages and breadlines. Three-quarters of its population lives in poverty. | https://www.mrt.com/news/article/Ukraine-urges-Lebanon-to-block-ship-with-grain-17347964.php | 2022-08-03T13:44:30Z | https://www.mrt.com/news/article/Ukraine-urges-Lebanon-to-block-ship-with-grain-17347964.php | true |
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Standard Motor Products, Inc. (NYSE: SMP), a leading automotive parts manufacturer and distributor, reported today its consolidated financial results for the three and six months ended June 30, 2022.
Net sales for the second quarter of 2022 were $359.4 million, compared to consolidated net sales of $342.1 million during the comparable quarter in 2021. Earnings from continuing operations for the second quarter of 2022 were $20.8 million or $0.93 cents per diluted share, compared to $28.0 million or $1.23 cents per diluted share in the second quarter of 2021. Excluding non-operational gains and losses identified on the attached reconciliation of GAAP and non-GAAP measures, earnings from continuing operations for the second quarter of 2022 were $20.8 million or $0.93 cents per diluted share, compared to $28.6 million or $1.26 per diluted share in the second quarter of 2021.
Consolidated net sales for the six months ended June 30, 2022, were $682.2 million, compared to consolidated net sales of $618.6 million during the comparable period in 2021. Earnings from continuing operations for the six months ended June 30, 2022, were $41.4 million or $1.85 per diluted share, compared to $50.2 million or $2.21 per diluted share in the comparable period of 2021. Excluding non-operational gains and losses identified on the attached reconciliation of GAAP and non-GAAP measures, earnings from continuing operations for the six months ended June 30, 2022 and 2021 were $41.4 million or $1.85 per diluted share and $50.7 million or $2.23 per diluted share, respectively.
Mr. Eric Sills, Standard Motor Products' Chief Executive Officer and President stated, "Although we faced a challenging macroeconomic environment in the second quarter, we are pleased with our sales results, particularly against the record sales in the comparable period last year. Our sales improved 5.1% over last year's strong second quarter, with particular strength in our Temperature Control division.
"By division, Engine Management sales increased 3.7% in the quarter, driven largely by acquisitions made in 2021 as well as price increases that were implemented during the quarter. Customer POS remained solid throughout the quarter against record levels from 2021, excluding Wire and Cable, which has returned to its secular decline.
"Turning to Temperature Control, an early start to the summer season provided a favorable tailwind against the challenging comparison from last year. Sales grew 7.5% year over year due to a combination of new business wins, price increases, and solid customer demand. Record heat has continued into the 3rd quarter across the country, and while weather trends are hard to predict, we are hopeful for ongoing strong customer demand, although we face a difficult comparison relative to last year's long, hot summer.
"We were also pleased with the performance of our specialized non-aftermarket channels. To remind you, this focuses on custom-engineered products for niche end markets such as medium and heavy-duty vehicles, construction and agricultural equipment, power sports, and others. Over the past few years we have doubled this business to a run rate of $300 million. We continue to make progress integrating our recent acquisitions, and are making inroads as we identify cross-selling opportunities.
"Consolidated operating margins were below expectations at 7.8% in the second quarter. Inflationary pressures across many cost inputs remain a headwind, and we continue to implement price increases in an effort to offset these higher costs. Additionally, the rapid rise in interest rates has resulted in increased costs related to customer supply chain finance programs. We are actively pursuing initiatives to help offset these elevated operating costs.
"Given this year's inflationary and supply chain challenges, we expect our consolidated gross margin will be lower than originally anticipated at approximately 27% for the full year. We also note that with the projected interest rate hikes and the associated impact on our factoring program expenses, we expect our operating profit will be in the range of 7-8% of net sales.
"As previously announced, during the quarter we entered into a new five-year $500 million credit facility that includes a $100 million term loan and $400 million revolving credit facility. In addition, SMP entered into an interest rate swap agreement to fix the interest rate on $100 million of borrowings under the new facility. This new credit facility is expected to afford us the flexibility we need to support our growth and continue to execute on strategic priorities. The new facility should also allow for our continued focus on returning value to our shareholders with quarterly dividends and opportunistic share repurchases.
"To that point, the Board of Directors has approved payment of a quarterly dividend of 27 cents per share on the common stock outstanding, which will be paid on September 1, 2022 to stockholders of record on August 15, 2022. Furthermore, we repurchased shares of our common stock in the amount of $19.6 million during the quarter. To date as of this release, we have exhausted the remaining balance of the prior $30 million share repurchase authorization. As a result, the Board of Directors has authorized a new $30 million common share repurchase plan.
"Lastly, as recently announced, we were deeply saddened by the passing of John Gethin, a Director for the company since 2016. Prior to that, John was a long-tenured leader at SMP, including many years as our Chief Operating Officer and President. He will be sorely missed. In connection with John's passing, the Board of Directors decreased the size of the Board from ten to nine directors, effective as of July 28, 2022.
"In closing, there remains much uncertainty as we head into the second half of 2022 with respect to inflation, interest rates and the increasing risk of potential recession. Yet we remain confident in our business and the industry's resilience based on performance during past turbulent markets. Underlying tailwinds including an aging fleet, limited new vehicle availability and favorable summer weather to date should help offset some of the potential near-term challenges that may persist. Furthermore, we believe our go-to-market strategy of being a full-line full-service supplier of professional grade products continues to resonate with our customers, and our favorable manufacturing footprint which relies less on the Far East than many of our peers provides us with structural advantages to better control our supply chain. We also remain bullish on our expansion into new markets, and see vast potential in growing this business. Finally, we thank all of our people for their effort in working with us through challenging times."
Conference Call
Standard Motor Products, Inc. will hold a conference call at 10:30 AM, Eastern Time, on Wednesday, August 3rd, 2022. This call will be web cast and can be accessed on the Investor Relations page of our website at www.smpcorp.com and clicking on the SMPQ22022 Earnings Webcast link. Investors may also listen to the call by dialing 866-952-8559 (domestic) or 785-424-1877 (international). Our playback will be made available for dial in immediately following the call. For those choosing to listen to the replay by webcast, the link should be active on our website within 24 hours after the call. The playback number is 800-934-8221 (domestic) or 402-220-6990 (international). The participant passcode is 94640.
Under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, Standard Motor Products cautions investors that any forward-looking statements made by the company, including those that may be made in this press release, are based on management's expectations at the time they are made, but they are subject to risks and uncertainties that may cause actual results, events or performance to differ materially from those contemplated by such forward looking statements. Among the factors that could cause actual results, events or performance to differ materially from those risks and uncertainties discussed in this press release are those detailed from time-to-time in prior press releases and in the company's filings with the Securities and Exchange Commission, including the company's annual report on Form 10-K and quarterly reports on Form 10-Q. By making these forward-looking statements, Standard Motor Products undertakes no obligation or intention to update these statements after the date of this release.
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SOURCE Standard Motor Products, Inc. | https://www.wafb.com/prnewswire/2022/08/03/standard-motor-products-inc-announces-second-quarter-2022-results-quarterly-dividend/ | 2022-08-03T13:45:01Z | https://www.wafb.com/prnewswire/2022/08/03/standard-motor-products-inc-announces-second-quarter-2022-results-quarterly-dividend/ | true |
MINNEAPOLIS, Aug. 3, 2022 /PRNewswire/ -- Smiths Medical issued an Urgent Medical Device Correction Letter to notify affected customers of a potential issue with specific Level 1® H-2 Pressure Chambers used with the Level 1 Fast Flow Fluid Warmers.
In 2015, Smiths Medical implemented a design change to widen the hinge/latch assembly on the Level 1 H-2 Pressure Chambers used with the Level 1 Fast Flow Fluid Warmers (Models H-1025 or H-1200) or added it to the H-1000 model. The company has become aware that Level 1 H-2 Pressure Chambers with the wider hinge/latch assembly can potentially impact the pressure exerted onto the IV fluid bag while contained within the pressure chamber, which may result in decreased flow rate, stopped flow, or residual fluid left within the IV bag.
Affected product was distributed in the United States between December 19, 2016, and March 10, 2022. However, all Level 1 H-2 Pressure Chamber devices have the potential to be affected by this issue, because some devices may have received a hinge/latch replacement during that timeframe. Level 1 H-2 Pressure chambers with the wide hinge/latch assembly are more susceptible to this issue in the following scenarios:
- kinked tubing on the disposable administration sets
- use of the lowest flow rate disposables (DI-50, D-70, or DI-70) when delivering viscous fluids such as chilled blood from 300 mL or smaller IV bags
Decreased flow rate, stopped flow, or residual fluid left within the IV bag could result in under-delivery or delay of therapy, leading to potential inadvertent hypothermia, hypovolemia, and/or hypotension which may lead to serious injury and death.
Smiths Medical has sent all affected customers and distributors a letter outlining the risk and providing specific steps to determine whether their devices are affected or not and what steps to follow if they have affected product in service. A copy of that letter can be found here.
For further inquiries, please contact Smith Medical using the information provided below.
The U.S. Food and Drug Administration (FDA) has been notified of this action.
Adverse reactions or quality problems experienced with this product may be reported to the FDA's MedWatch Adverse Event Reporting program either online, by regular mail, or by fax.
- Complete and submit the report Online: www.fda.gov/medwatch/report.htm
- Regular Mail or Fax: Download form www.fda.gov/MedWatch/getforms.htm or call 1-800-332-1088 to request a reporting form, then complete and return to the address on the pre-addressed form, or submit by fax to 1-800-FDA-0178
Media Contact:
Tom McCall
949-366-4368
tom.mccall@icumed.com
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SOURCE Smiths Medical | https://www.wlbt.com/prnewswire/2022/08/03/smiths-medical-issues-urgent-medical-device-correction-letter-notifying-customers-potential-issue-with-level-1-h-2-pressure-chambers-used-with-level-1-fast-fluid-flow-fluid-warmers/ | 2022-08-03T13:45:31Z | https://www.wlbt.com/prnewswire/2022/08/03/smiths-medical-issues-urgent-medical-device-correction-letter-notifying-customers-potential-issue-with-level-1-h-2-pressure-chambers-used-with-level-1-fast-fluid-flow-fluid-warmers/ | false |
OPEC+ will increase oil production by 100,000 barrels per day amid high prices, the group announced Wednesday.
OPEC noted that there is "severely limited availability of excess capacity." The group noted there is insufficient investment in meeting the growing demand for 2023 and beyond.
While oil prices have dropped from June when the cost per barrel reached $120, the price has remained near $100 per barrel. As more Americans are traveling this summer than in the previous two summers, gas prices surged to over $5 per gallon on average earlier this summer. But an increase in oil production seems to have tempered prices.
According to AAA, the average cost of gas dropped to $4.16 on Wednesday.
Experts say oil prices are primarily driven by supply and demand. They suggest more supply would bring down the cost of oil, and thus results in a lower price at the pump.
But AAA noted that when prices go down, demand for gas goes up. | https://www.lex18.com/news/national/opec-to-produce-more-oil-in-september-still-struggling-to-keep-up-with-demand | 2022-08-03T13:47:35Z | https://www.lex18.com/news/national/opec-to-produce-more-oil-in-september-still-struggling-to-keep-up-with-demand | true |
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- FanDuel Group, the premier online gaming company in North America, has promoted Andrew Sneyd to Executive Vice President of Marketing.
As the Executive Vice President of Marketing at FanDuel Group, Sneyd will oversee the core marketing functions across the company's full portfolio of brands within sports betting, daily fantasy sports, casino, advance-deposit wagering, retail, and free-to-play. Formerly the Senior Vice President of Brand, Sneyd will now steward growth marketing, media, customer engagement, and marketing operations, in addition to brand and product marketing strategy, creative, customer insight, press relations and partnership activation. During his tenure as Senior Vice President of Brand, Sneyd has championed the marketing engine to harness creativity for impact, advancing FanDuel's position as America's #1 Sportsbook and extending the lead over competition.
"Since his arrival at FanDuel, Andrew has elevated our creative efforts and continued our explosive growth," said Mike Raffensperger, Chief Commercial Officer for FanDuel Group. "His acumen for brand marketing has separated us from the field and under his leadership, I expect that we will continue to make moments matter more for our customers."
Sneyd brings more than 20 years of global marketing experience, specifically in the Fortune 100 consumer packaged goods and technology sector. Prior to joining FanDuel, he served as Vice President, Brand Marketing & Strategy at Priceline. Before joining Priceline in 2017, Andrew held multiple marketing leadership roles at Anheuser Busch InBev, where he led the creation of award-winning Super Bowl creative advertising for Budweiser.
FanDuel Group is an innovative sports-tech entertainment company that is changing the way consumers engage with their favorite sports, teams, and leagues. The premier gaming destination in the United States, FanDuel Group consists of a portfolio of leading brands across gaming, sports betting, daily fantasy sports, advance-deposit wagering, and TV/media. FanDuel Group has a presence across all 50 states with approximately 17 million customers. The company is based in New York with offices in California, New Jersey, Florida, Oregon, Georgia and Scotland. FanDuel Group is a subsidiary of Flutter Entertainment plc, the world's largest sports betting and gaming operator with a portfolio of globally recognized brands and a constituent of the FTSE 100 index of the London Stock Exchange.
Contact: Kevin Hennessy / FanDuel Group / press@fanduel.com
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SOURCE FanDuel Group | https://www.kalb.com/prnewswire/2022/08/03/fanduel-names-andrew-sneyd-position-executive-vice-president-marketing/ | 2022-08-03T13:49:06Z | https://www.kalb.com/prnewswire/2022/08/03/fanduel-names-andrew-sneyd-position-executive-vice-president-marketing/ | false |
Caught on video: Bus driver helps lost toddler in Wisconsin
GREEN BAY, Wis. (WBAY/Gray News) - A bus driver with Green Bay Metro Transit helped a toddler reunite with his mom last Tuesday.
“Operators are trained to be very observant and aware of their surroundings, so a lot goes into it when they’re moving down the road,” said Jake Lueptown, the operations supervisor.
That training kicked into high gear for one driver, who declined an on-camera interview, when an unattended little boy ran across a street in Bellevue around 6:30 p.m.
The WBAY crew noticed a busy street was just one block away in the direction the boy was headed.
Surveillance video from the bus shows several angles of the road and inside the bus. It shows the driver taking the boy into the bus.
“We’re going to find your mom and dad, OK? Find out where they went. Did you wander away from the house? Yeah. Yeah? Do you live here? Are you in the apartments?” asked the driver.
She continued to ask questions and reassure the boy they’ll find mom and dad. They remained in the bus for about 10 minutes until law enforcement showed up.
“Hey buddy, how are you?” asked the officer. “He was just standing in the middle of the road here,” said the driver.
The Brown County Sheriff’s Office said the boy was reunited with his mom.
Lueptow said he is proud of the driver and said it’s what they do.
“Just goes to show how the great job that the drivers do in utilizing that training, being observant, aware of their surroundings and always willing to help out any way that we can,” he said.
Copyright 2022 WBAY via Gray Media Group, Inc. All rights reserved. | https://www.wistv.com/2022/08/03/caught-video-bus-driver-helps-lost-toddler-wisconsin/ | 2022-08-03T13:50:43Z | https://www.wistv.com/2022/08/03/caught-video-bus-driver-helps-lost-toddler-wisconsin/ | true |
- Earnings Conference Call to be Held on Monday, August 15, 2022 at 8:00 pm (Hong Kong Time) / 8:00 am (U.S. Eastern Time)
HONG KONG, Aug. 3, 2022 /PRNewswire/ -- China Literature Limited ("China Literature" or "the Company", 0772.HK), a leading online literature and intellectual property ("IP") incubation platform in China, will announce its financial results for the first half of 2022 on Monday, August 15, 2022.
China Literature's management team will host a conference call to present an overview of the Company's financial performance and business operations. A live webcast of the call can be accessed on the Company's investor relations website at http://ir.yuewen.com.
Details of the conference call and webcast are as follows:
Contact
For investors / analysts:
Maggie Zhou
Tel: +8621 6187 0500 ext. 80605
Email: IR@yuewen.com
For media:
Vivian Wang
Tel: +852 2232 3978
Email: vwang@Christensenir.com
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SOURCE China Literature | https://www.kwch.com/prnewswire/2022/08/03/china-literature-report-first-half-2022-financial-results-august-15-2022/ | 2022-08-03T13:52:32Z | https://www.kwch.com/prnewswire/2022/08/03/china-literature-report-first-half-2022-financial-results-august-15-2022/ | true |
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- CIT Commercial Services, a subsidiary of First Citizens Bank, today announced that it increased a New York-based fashion company's discretionary lending facility to $100 million to support the acquisition of an entity that specializes in children's apparel.
The fashion company, a longtime client of CIT, focuses on designing, importing and distributing apparel, handbags and accessories. The financing provided by CIT will support the fashion company's business operations and growth plans as they integrate and improve upon their recently acquired entity.
"In arranging this financing, we worked closely with the client to tailor a solution aligned with their business goals," said Tom Fingleton, managing director and northeast regional manager for CIT Commercial Services. "We have a longstanding relationship with this client, and we welcome the opportunity to continue to support their business growth strategy."
CIT Commercial Services is one of the nation's leading providers of working capital financing, credit protection and accounts receivable management to consumer product companies.
About CIT
CIT is a division of First Citizens Bank, the largest family-controlled bank in the United States, continuing a unique legacy of strength, stability and long-term thinking that has spanned generations. Parent company, First Citizens BancShares, Inc. (NASDAQ: FCNCA) is a top 20 U.S. financial institution with more than $100 billion in assets. The company's commercial banking segment brings a wide array of best-in-class lending, leasing and banking services to middle-market companies and small businesses from coast to coast. First Citizens also operates a nationwide direct bank and a network of more than 600 branches in 22 states, many in high-growth markets. Industry specialists bring a depth of expertise that helps businesses and individuals meet their specific goals at every stage of their financial journey. Discover more at cit.com/firstcitizens.
MEDIA RELATIONS:
Lexa Tutela
212-461-5305
Lexa.Tutela@firstcitizens.com
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SOURCE CIT, a division of First Citizens Bank | https://www.kwch.com/prnewswire/2022/08/03/cit-increases-lending-facility-fashion-company-100-million/ | 2022-08-03T13:52:38Z | https://www.kwch.com/prnewswire/2022/08/03/cit-increases-lending-facility-fashion-company-100-million/ | false |
Launces Little West Canadian E-Commerce and Expands Wholesale Distribution into Canada
VANCOUVER, BC, Aug. 3, 2022 /PRNewswire/ - PlantX Life Inc. (CSE: VEGA) (Frankfurt: WNT1) (OTCQB: PLTXF) ("PlantX" or the "Company") the digital face of the plant-based community, operating a one-stop shop for plant-based products, today announced the international expansion of its Little West cold-pressed juice brand and e-commerce platform to Canada. As part of the expansion, Little West has launched a Canadian version of its e-commerce website (littlewestjuice.ca) and plans to expand its wholesale business into physical retail outlets across the country.
Acquired by PlantX in May 2021, Little West is a California-based cold-pressed juice company that offers a wide range of beverages and products that emphasize health and wellness with a focus on locally sourced, high-quality, and fresh ingredients. Little West is the realized vision of Cassandra Troy and Andrew Walker, who launched the business in 2013 with the aim of inspiring healthier lifestyles for all and making the world a greener place. Since being acquired by PlantX, Little West has added new products and consumer-friendly bundles.
"We have seen amazing success with our littlewest.com website, and since the founders of Little West are Canadian and so is PlantX, it was only natural for us to bring these amazing juices to Canada," said PlantX CEO, Lorne Rapkin. "We expect to work with local influencers to bring increased awareness and we will leverage the success we achieved in the United States to build the brand throughout North America."
The Little West Canadian e-commerce website features merchandise and different flavors of juice, available in kits and cleanses. Consumers can create one-time boxes of different quantities of juices or arrange regular deliveries to facilitate a healthy, delicious lifestyle.
In addition to the Canadian e-commerce website, Little West Juices are available in retail locations in the United States, including Whole Foods and Pavilions.
PlantX announces that further to its news release dated July 11, 2022 (the "Default Announcement"), the Company's principal regulator, the British Columbia Securities Commission, has granted a management cease trade order (the "MCTO"), pursuant to the Company's application made under National Policy 12-203 – Management Cease Trade Orders ("NP 12-203"). The MCTO as issued is in connection with the delay by the Company in filing its audited annual financial statements, management's discussion and analysis and related certifications for the fiscal year ended March 31, 2022 (collectively, the "Required Filings") before the prescribed deadline of July 29, 2022.
The Company requested and received an extension relating to the Required Filings due to additional time needed to complete the Company's previously announced restatement of its annual audited comparative financial statements for the fiscal year ended March 31, 2021 and to implement internal control procedures as a result of the restatement process.
The Company is working diligently with its auditors expects to have the audit of the Required Filings completed, and the Required Filings filed within 30 days, and in any event, no later than September 27, 2022.
The MCTO restricts all trading in securities of the Company, whether direct or indirect, by the Chief Executive Officer or the Chief Financial Officer until such time as the Required Filings have been filed by the Company and the MCTO has been lifted. Furthermore, the Company will not be able to, directly or indirectly, issue securities to or acquire securities from an insider or employee of the Company except in accordance with legally binding obligations to do so existing as of July 29, 2022.
The MCTO does not affect the ability of shareholders who are not insiders of the Company to trade their securities. However, the applicable Canadian securities regulatory authorities could determine, in their discretion, that it would be appropriate to issue a general cease trade order against the Company affecting all of the securities of the Company.
The Company is providing this status update in accordance with NP 12-203. The Company intends to follow the provisions of the Alternative Information Guidelines set out in NP 12-203, including the issuance of bi-weekly default status reports in the form of news releases, for as long as the Company remains in default of the Required Filings. The Company confirms as of the date of this news release that there has been no material change in the information contained in the Default Announcement issued on July 11, 2022 and there is no other material information concerning the affairs of the Company that has not been generally disclosed.
As the digital face of the plant-based community, PlantX's platform is a one-stop shop for plant-based products. With its fast-growing category verticals, the Company offers customers across North America more than 5,000 plant-based products. In addition to offering delivery service for meals and indoor plants, the Company currently has plans underway to expand its product lines to include a juice and coffee company. The Company uses its digital platform to build a community of likeminded consumers and, most importantly, to provide education. Its successful enterprise is being built and fortified on partnerships with the top nutritionists, chefs, and brands. The Company's digital presence works to eliminate the barriers to entry for anyone interested in living a plant-based lifestyle and thriving in a longer, healthier, and happier life.
Connect with PlantX: Email | Website | Facebook | LinkedIn | Twitter | Instagram | YouTube | TikTok
This press release contains "forward-looking information" within the meaning of applicable securities laws. All statements contained herein that are not clearly historical in nature may constitute forward-looking information. In some cases, forward-looking information can be identified by words or phrases such as "may," "will," "expect," "likely", "should," "would," "plan," "anticipate," "intend," "potential," "proposed," "estimate," "believe" or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions "may" or "will" happen, or by discussions of strategy. The forward-looking information contained herein includes, without limitation, statements regarding the expansion of Little West in Canada, the MCTO, the filing of the Required Filings, the Company issuing bi-weekly status updates and the business and strategic plans of the Company.
By its nature, forward-looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct, and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release including, without limitation: receiving sufficient demand for the Offering; the Company's ability to comply with all applicable governmental regulations including all applicable food safety laws and regulations; impacts to the business and operations of the Company due to the COVID-19 epidemic; the conflict in eastern Europe; having a limited operating history; the ability of the Company to access capital to meet future financing needs; the Company's reliance on management and key personnel; competition; changes in consumer trends; foreign currency fluctuations; and general economic, market or business conditions.
Additional risk factors can also be found in the Company's continuous disclosure documents, which have been filed on SEDAR and can be accessed at www.sedar.com. Readers are cautioned to consider these and other factors, uncertainties and potential events carefully and not to put undue reliance on forward-looking information. The forward-looking information contained herein is made as of the date of this press release and is based on the beliefs, estimates, expectations and opinions of management on the date such forward-looking information is made. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, estimates or opinions, future events or results or otherwise or to explain any material difference between subsequent actual events and such forward-looking information, except as required by applicable law.
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SOURCE PlantX Life Inc. | https://www.kalb.com/prnewswire/2022/08/03/plantx-brings-little-west-cold-pressed-juices-canada/ | 2022-08-03T13:54:05Z | https://www.kalb.com/prnewswire/2022/08/03/plantx-brings-little-west-cold-pressed-juices-canada/ | true |
KOHLER, Wis., Aug. 3, 2022 /PRNewswire/ -- Kohler, a global leader in the design and manufacture of kitchen and bath products, expands its line of bathroom faucet offerings with the new Riff Bathroom Faucet Collection. Like its corresponding kitchen collection, the Riff faucets are inspired by the grandeur of French Creole and Spanish Colonial architecture and capture the distinctive beauty of New Orleans and the American South. Its angular shapes paired with bold detailing make a memorable statement in any bathroom.
The Riff Bathroom collection is designed to encourage personalization, as the offerings include different sizes and configurations to customize the space. Riff sink faucets include widespread, centerset, two single-control height options, and one- and two-handle wall-mount styles. The collection also includes bath spouts – both wall- and deck-mount options – a freestanding bath filler and showering components, bringing beauty and functionality to the everyday bathing experience. Add the finishing touches to the space with Riff towel bar and ring, bathrobe hook, toilet paper holder, drawer knobs and pulls, and lighting for a cohesive look.
Riff is available in five different finish options: Polished Chrome, to evoke a nostalgic look; Vibrant Brushed Nickel for a warm appearance; Vibrant Brushed Moderne Brass to add elegance; Vibrant Polished Nickel for a classic look; and Matte Black, for a sophisticated feel. Kohler's faucet finishes resist scratches, corrosion, and tarnishing, ensuring the fittings will make a statement for years to come.
To learn more about the Riff Bathroom Collection, please visit kohler.com.
Founded in 1873 and headquartered in Kohler, Wisconsin, Kohler Co. is one of America's oldest and largest privately held companies comprised of more than 40,000 associates. With more than 50 manufacturing locations worldwide, Kohler is a global leader in the design, innovation and manufacture of kitchen and bath products; luxury cabinetry, tile and lighting; engines, generators, and clean energy solutions; and owner/operator of two, five-star hospitality and golf resort destinations in Kohler, Wisconsin, and St. Andrews, Scotland. Kohler's Whistling Straits golf course recently hosted the 43rd Ryder Cup. The company also develops solutions to address pressing issues, such as clean water and sanitation, for underserved communities around the world to enhance the quality of life for current and future generations. For more details, please visit kohlercompany.com.
Media Contact
Jillian Rosone
Kohler Public Relations
Jillian.rosone@kohler.com
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SOURCE Kohler Co. | https://www.kait8.com/prnewswire/2022/08/03/kohler-launches-new-riff-bathroom-faucet-collection/ | 2022-08-03T13:55:15Z | https://www.kait8.com/prnewswire/2022/08/03/kohler-launches-new-riff-bathroom-faucet-collection/ | false |
DES MOINES, Iowa, Aug. 3, 2022 /PRNewswire/ -- Jake Espenmiller has joined the Conterra Ag Capital team as chief lending officer, signifying significant growth for the West Des Moines-based ag lender.
Espenmiller will lead the company in business development, working alongside Conterra's executive team and relationship managers and shaping the company's strategic direction as it continues to grow.
"Jake brings unparalleled expertise in ag lending and farmland equity investing. His proven track record in both makes Jake the perfect fit to lead our business development efforts across the US," said Paul Erickson, Conterra President and CEO. "Jake's insights will be key when working with Conterra senior management team to develop strategies supporting the changing agricultural landscape."
The Iowa native has more than 24 years of experience in ag finance, most recently serving as the Midwest president of Oak River Farms. His experiences have taken him to several of the nation's core ag regions and industries, offering additional perspective to Conterra's ag lending team.
"As a private lender with deep ag roots and experience, Conterra is uniquely positioned to be a key capital partner for today's farmers, ranchers and agribusinesses," says Espenmiller. "I think of Conterra as a 'Goldilocks' firm — just the right size to be a significant player, while remaining nimble and flexible."
The Simpson College and Drake University graduate says Conterra's culture, work ethic and passion for agriculture aligned with his own. Currently residing in Overland Park, Kansas, Espenmiller and his wife are partners in a family row-crop operation in Northwest Iowa.
"I plan to build upon the success of Conterra's founders by providing great service to customers, great returns for our investors and a great culture for our employees."
Conterra Ag Capital focuses exclusively on agriculture, providing loan servicing, alternative lending and asset management to institutional investors, banks and other agricultural lenders throughout the United States.
Conterra Ag has loan tools to help meet the challenges of today's agricultural environment:
- Long-term fixed rate loan
- Flexibility through revolving line of credit loans
- Restructuring debts to improve cash flows
Conterra Ag's staff of seasoned ag lending professionals will quickly respond to your inquiry. To learn more, contact Conterra Ag by phone at 855-381-3451 or by email at info@conterraag.com.
Media Contact: Aleks Ridge, aleks.ridge@conterraag.com
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SOURCE Conterra Ag Capital | https://www.kfyrtv.com/prnewswire/2022/08/03/conterra-ag-capital-adds-chief-lending-officer-position/ | 2022-08-03T13:58:03Z | https://www.kfyrtv.com/prnewswire/2022/08/03/conterra-ag-capital-adds-chief-lending-officer-position/ | true |
Franchise Business Review Selects Military Veteran Lambie Among Hundreds of Contenders
TROY, Mich., Aug. 3, 2022 /PRNewswire/ -- Ziebart franchisee and military veteran Nick Lambie was named among an exclusive list of 12 Franchise Rock Stars of 2022 by leading industry research firm Franchise Business Review for his outstanding achievements as a Ziebart franchise owner in Morgantown, WV.
For the Franchise Rock Star Awards, Franchise Business Review reviewed over 273 nominations from franchisors in eight categories, including Top Performers, Multi-Unit Owners, Veteran-Owned and Family-Owned, and then narrowed the search by selecting 60 franchisees that defined what it really means to be a Rock Star, including leadership, business acumen, financial and professional success, and contributing to their community. Lambie earned one of the 12 final, coveted spots on the list.
Lambie, who opened his Ziebart franchise in 2019 and recently signed an agreement for his second franchise location in Bridgeport, West Virginia, spent time in the military as an Air Force Weapons Director before deciding to go into franchising. He credits his training as a main component of his leadership style. It made him recognize the importance of paying attention to detail and the importance of fostering a high-performing team. Lambie cares about each and every one of his employees, and truly values their input. He credits a lot of his success to how his team cares for each other and how they are consistently looking for ways to grow.
"Nick exemplifies all of Ziebart's core values of Honesty, Passion, Innovation, Teamwork and Legacy," said Ziebart International Corporation President & Chief Executive Officer, Thomas A. Wolfe. "The leadership skills and attention to detail he learned in the military has definitely transferred over into how he runs his Ziebart business. Nick genuinely cares about his team members and is passionate about providing a seamless and enjoyable experience to all of his customers. Franchise Business Review made an excellent choice in naming him a 2022 Rock Star."
Michelle Rowan, president & COO of Franchise Business Review, noted: "Each year it gets harder and harder to narrow down the list, but the franchisees recognized this year, including Nick Lambie, truly stand out as exceptional examples of achieving success within the franchise model. We are thrilled to recognize these individuals as Franchise Rock Stars."
About Ziebart
Founded in 1959, Ziebart International Corporation is the worldwide leader in premium automotive appearance and protection services that extend the life of vehicles. Ziebart operates over 400 locations, with 1,200 service centers, in 36 countries. Ziebart continues to grow and offers domestic and international franchising opportunities, a best-in-class investment for qualified prospects. For more information about Ziebart including franchise opportunities, please visit www.ziebart.com.
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SOURCE Ziebart | https://www.kalb.com/prnewswire/2022/08/03/ziebart-franchisee-nick-lambie-earns-spot-prestigious-2022-franchise-rock-star-list/ | 2022-08-03T13:58:18Z | https://www.kalb.com/prnewswire/2022/08/03/ziebart-franchisee-nick-lambie-earns-spot-prestigious-2022-franchise-rock-star-list/ | true |
The Cloud Campus of The Dwight Schools — An Innovator in Global Education — Collaborates with the IB to Share Expertise and Make Education More Accessible
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Dwight Global Online School — ranked the #2 best online high school in the U.S. by Newsweek — was selected by the International Baccalaureate (IB) as a partner to pilot the delivery of the two-year Diploma Programme (DP) in an online school environment. The pilot is designed to gain insights into the benefits of this pedagogical model and to make the DP more accessible to more diverse cohorts of students unable to attend a brick-and-mortar school. Dwight Global Online School (Dwight Global), a leader in online education since 2014, is proud to document the benefits of delivering the DP in a collaborative online learning community.
Dwight Global is the cloud campus of The Dwight Schools, a network of leading IB World Schools in New York, London, Shanghai, Seoul, and Dubai, extending a world-class independent school education to students everywhere. In fall 2021, Dwight Global launched the DP online through a hybrid model for students enrolled at Dwight's New York campus. The same opportunity will now be offered to all students who wish to have a robust DP online experience through the two-year pilot beginning this fall.
"We are delighted to partner with the IB to shape and evaluate the latest pedagogical models for delivering the comprehensive Diploma Programme. As a frontier IB World School, Dwight has long collaborated with the IB to develop solutions to global educational challenges, innovate, and share expertise with schools worldwide," said Stephen Spahn, Chancellor of The Dwight Schools, who has spearheaded Dwight since 1967 and is distinguished as the longest-serving head of an independent school in the U.S. "We share the IB's goals of increasing access to education for all through innovative online pedagogy. We also believe that the IB curriculum, culminating with the DP, offers students the finest educational foundation for excelling personally, academically, and professionally in our rapidly changing world."
"The IB aims to increase global access to the Diploma Programme for more diverse cohorts of students. Therefore, we are excited to partner with Dwight Global Online School and provide students with more opportunities to participate in the DP," said Matt Costello, IB Chief Business Development Officer.
The DP: The "Gold Standard" in College Preparation
The Diploma Programme, spanning grades 11-12, is recognized by university admissions directors around the world as the "gold standard" in college preparation based on the breadth and depth of the curriculum. According to the IB, DP graduates are better prepared for university and are more likely than non-IB graduates to remain enrolled and prosper. DP graduates also report that the curriculum prepared them well for college coursework, particularly in the areas of writing, critical thinking, study skills, and time management.
Goals of the Pilot
The pilot is designed to discover the advantages that a fully online DP can offer both students and schools. It will investigate: what the educational model looks like, its feasibility, capability, cost, etc.; and whether students have similar assessment results as those in brick-and-mortar schools. Included among the many students worldwide who could benefit are those who require different ways of accessing education, including students who:
- Are displaced or refugees
- Travel frequently for extended periods
- Have an illness, disability, or social-emotional challenges
- Live in remote areas
- Are pursuing passions outside school and need time for training
- Are homeschooled
The pilot will also explore how the model might impact schools themselves and how the IB can support them. Pilot data will provide the IB with intelligence to make strategic decisions about the future of IB programmes, as well as how they may engage with pilot providers in yet-to-be determined services, such as online examinations.
"We are especially excited to partner with the IB to open the door for more students around the world to reap the enormous benefits of a DP education. Dwight Global has a proven track record of building a vibrant, collaborative community of educators and learners online, including a diverse cohort of students that matches those who the IB is seeking to reach," said Dianne Drew, Global Education Director of The Dwight Schools and former Chair of the IB Global Heads Council. "We created Dwight Global to mirror the Dwight in-person school experience with added accessibility and flexibility, and look forward to sharing our expertise, learning outcomes, and proof of concept with the IB and fellow pilot partners."
Dwight Global's Innovative Roots
In 2013, Dwight Schools in New York and London were selected as two of the original six schools worldwide to pilot the DP online for students in non-IB Schools through the IB's Open World School Programme. That experience led to the founding of Dwight Global the following year. Today, the School offers over 100 IB, AP, honors, and elective classes for students in grades 6-12, who can also customize their own course of study.
Dwight Global extends the long-standing IB expertise of all five brick-and-mortar schools in the Dwight network and especially the New York School's legacy as a true IB pioneer. After authorization to offer the Diploma Programme in 1975, Dwight was the first school in North America authorized to offer the Primary Years Programme (PYP) in 1997, the first K-12 school authorized to offer the Middle Years Programme (MYP) in 2000, and the first in the Americas to provide the comprehensive IB continuum, following authorization to offer the Career-related Programme (CP) in 2014.
More about The Dwight Schools: The Dwight Schools network reaches across the globe and into the cloud igniting the spark of genius in every child. Each IB World School shares the same mission of creating a better world through education. The first Dwight School was founded in New York in 1872, followed by campuses in London in 1972, Seoul in 2012, Shanghai and Dwight Global in 2014, and Dubai in 2018. Graduates of all Dwight Schools attend leading colleges and universities worldwide.
Media contact: Laurie Silbersweig
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SOURCE Dwight Global Online School | https://www.kfyrtv.com/prnewswire/2022/08/03/dwight-global-online-school-2-best-us-online-high-school-partners-with-international-baccalaureate-pilot-diploma-programme-online/ | 2022-08-03T13:58:36Z | https://www.kfyrtv.com/prnewswire/2022/08/03/dwight-global-online-school-2-best-us-online-high-school-partners-with-international-baccalaureate-pilot-diploma-programme-online/ | true |
CULVER CITY, Calif., Aug. 3, 2022 /PRNewswire/ -- Pure Flix Entertainment, faith streaming division of Sony AFFIRM Films, announced today that Loren Schwartz has been named the Chief Marketing Officer, bringing him back to the Sony family. Schwartz will oversee the day-to-day management of Pure Flix's worldwide marketing efforts for the Sony-owned streamer. He will report directly to CEO Michael Scott and COO Debbie Stackis.
Commenting on the announcement, Pure Flix CEO Michael Scott stated, "We seized the opportunity to bring someone of Loren's caliber to lead the marketing team, execute the overall vision for Pure Flix and to help grow our audience and take us to the next stage."
Schwartz is no stranger to Hollywood. He has run the marketing teams for Fox, Sony and Warner Bros. throughout his career. He began at Fox Searchlight where he developed a key understanding of the indie and festival circuit. He then spent 19 years at Sony Pictures where he worked with many respected filmmakers such as Adam Sandler, Seth Rogan, Kevin Hart, DeVon Franklin, Judd Appatow, Phil Lord and Chris Miller, to name a few. At Sony he also took the helm of the marketing department for their indie Screen Gems theatrical label where he helped grow the division to the most profitable label for Sony. He developed a unique and strategic grassroots approach to marketing such successful films as Heaven is For Real (still the No. 2 faith film of all time), The Vow (Screen Gems No. 1 movie all time), and festival favorite Easy A. Most recently Schwartz worked on DeVon Franklin's faith film, Breakthrough, for Fox.
"I am thrilled to join the Pure Flix team and utilize the tools and resources I have cultivated throughout the years," commented Schwartz. "I look forward to strategically growing this space."
Debbie Stackis, COO of Pure Flix commented, "Loren's expertise in working with top level talent combined with his passion and instincts for strategic, smart and impactful storytelling make him the right person to lead our marketing efforts."
David A.R. White, founding partner of Pure Flix added, "Loren has a strategic vision that few others in our business today can match. I am excited to welcome him to Pure Flix."
Since joining Pure Flix, the streamer has had its most successful months of April, May, June and July to date. Their new series Going Home remained the No. 1 show on the platform for several weeks. He also successfully shepherded Case for Heaven to the No. 1 movie on the platform. Live+ Local, another new series on the platform starring Dave Coulier, had an extensive publicity campaign that generated over 2 billion media impressions. Strong Fathers, Strong Daughters, a new film starring Bart Johnson and real life wife Robyn Lively, just completed a newly strategized 10 market word of mouth screening campaign exclusively for Pure Flix members that has generated extensive interest prior to its August 1st launch.
Pure Flix is your home for faith and family-friendly movies and shows where you can confidently stream with the entire family. With new premium and exclusive original entertainment choices every week, you can strengthen your faith and family with Pure Flix – a streaming service that inspires, uplifts and entertains.You'll get access to the largest variety of high-quality wholesome movies, series and kids' content at one low price. Experience the difference that positive, encouraging entertainment can have in your home. Pure Flix is a wholly-owned subsidiary of Sony Pictures Entertainment.
Contact:
Angela Sullivan
angela.sullivan@pureflix.com
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SOURCE Pure Flix | https://www.kwch.com/prnewswire/2022/08/03/pure-flix-entertainment-sonys-entertainment-streamer-names-loren-schwartz-chief-marketing-officer/ | 2022-08-03T13:59:46Z | https://www.kwch.com/prnewswire/2022/08/03/pure-flix-entertainment-sonys-entertainment-streamer-names-loren-schwartz-chief-marketing-officer/ | false |
BERLIN (AP) — German Chancellor Olaf Scholz inspected a turbine at the center of a natural gas dispute and declared Wednesday that “there are no problems” blocking the part’s return to Russia besides missing information from Russia’s state-controlled gas company.
The Kremlin insisted more assurances were needed.
Russian energy giant Gazprom last week halved the amount of natural gas flowing through the Nord Stream 1 pipeline to 20% of capacity, the latest reduction it blamed on delays to the turbine’s delivery due to Western sanctions.
German partner Siemens Energy sent the turbine to Canada for overhaul, which was a routine process before Russia invaded Ukraine and was subjected to Western sanctions.
The German government says the turbine was meant to be installed in September and wasn’t needed to make the pipeline function now; it says Moscow is using spurious technical explanations as cover for a political move to create uncertainty and to push up gas prices.
The turbine is now stored at a Siemens Energy facility in Mulheim an der Ruhr, in western Germany.
“This turbine is usable any time,” Scholz said, standing next to the 18-ton piece of machinery. “There is nothing standing in the way of its transport on to Russia — other than that the Russian recipients have to say that they want to have the turbine, and give the necessary information for the customs transport to Russia.”
“All other permits are there — that goes for the permit from Germany, the permit from the European Union, from the United Kingdom, from Canada,” the chancellor added. “There are no problems.”
Gazprom’s repeated reductions of gas deliveries to various countries have raised fears that Russia may cut off supplies altogether to try to gain political leverage over Europe.
German officials say Gazprom needs to specify where exactly the turbine needs to be sent. Scholz said he was checking out the turbine publicly to “demystify” it.
The chancellor reiterated Germany’s insistence that “there are no technical reasons for the reduction of gas deliveries through Nord Stream 1.”
He said sanctions don’t apply to the gas used to power industry, heat homes and generate electricity.
Gazprom has repeatedly said it pressed Siemens Energy for documents and clarification. The company specifically wants documents from Siemens Energy proving that the turbine isn’t subject to Western sanctions, Kremlin spokesman Dmitry Peskov said.
“We need to be sure that it’s not under sanctions. We need to be sure that Siemens’ British subsidiary in charge of it won’t switch it off remotely in the future as part of sanctions,” Peskov told reporters during a conference call.
Peskov said former German Chancellor Gerhard Schroeder asked Russian President Vladimir Putin during a recent meeting in Moscow if the completed but not-yet-functioning Nord Stream 2 pipeline could be put into service in an emergency to meet Europe’s energy needs.
Scholz’s government suspended the certification process for the new pipeline in February just before the invasion of Ukraine.
Putin said Nord Stream 2 could start operating but only at half-capacity because Gazprom is now using the other half for Russia’s domestic market, Peskov said.
Schroeder’s longstanding ties to the Russian energy sector — including the Nord Stream 1 and 2 pipelines — and refusal to distance himself personally from Putin after the invasion of Ukraine have left his political standing at home in tatters.
In an interview with Stern magazine and RTL television that appeared Wednesday, Schroeder argued that using Nord Stream 2 would be the “simplest solution” in case of gas shortages.
Turning to Nord Stream 2 is a political non-starter for Scholz, who said that “we ended the approval process for good reason.” He added that “there is enough capacity in Nord Stream 1,” and that two other pipelines — one running through Ukraine and another through Belarus and Poland — are also available.
___
Kirsten Grieshaber in Berlin contributed to this report.
___
Follow AP’s coverage of the Russia-Ukraine war at https://apnews.com/hub/russia-ukraine | https://www.myarklamiss.com/news/business/ap-business/german-leader-says-gas-pipeline-part-is-ready-for-russia/ | 2022-08-03T14:02:35Z | https://www.myarklamiss.com/news/business/ap-business/german-leader-says-gas-pipeline-part-is-ready-for-russia/ | false |
MIAMI, Aug. 3, 2022 /PRNewswire/ -- Brand Institute's President of its Nonproprietary Naming Division, Sophia Fuerst, M.S., M.B.A., is pleased to offer summary insights regarding recently implemented procedures for international nonproprietary names (INNs), specifically INNs for Variant COVID-19 Vaccine Active Substances.
"As the COVID-19 pandemic has progressed, the SARS-CoV-2 virus has mutated, particularly in the spike glycoprotein," says Ms. Fuerst. "Vaccine variants have minimal changes in their structure compared to the structure of an existing INN. The name for the variant is linked to the original INN by a random two- or three-letter prefix. For example, the vaccine variant for tozinameran is riltozinameran."
Ms. Fuerst notes that INN has instituted a much shorter time frame than its usual procedure for vaccine variants. In addition, the standard fee is being waived for a request of an INN for a variant COVID-19 vaccine active substance where a previous INN has been assigned to the original vaccine substance.
Ms. Fuerst has spent her career in nonproprietary naming, first as United States Adopted Name (USAN) Secretariat and afterward opening the Nonproprietary Naming Division within Brand Institute's Drug Safety Institute.
Before joining Brand Institute, Ms. Fuerst was employed by the American Medical Association (AMA) for over 20 years, serving as the Director of the USAN Program. Ms. Fuerst was responsible for all submissions to the USAN Program and classified compounds by stem, creating new stems when appropriate as well as USAN Adoptions. She also represented the United States on the INN Expert Committee and acted as a consultant to the INN Programme.
Brand Institute is the global leader in brand name and identity development, providing a broad portfolio of branding and naming related services, including brand strategy, name development, trademark searches, market research, regulatory services, and visual identity solutions.
Drug Safety Institute (DSI) is a wholly owned subsidiary of Brand Institute that provides Brand Institute's healthcare clients with industry-leading guidance pertaining to drug name safety, packaging, and labeling. DSI is comprised of former naming regulatory officials from global government health agencies, including FDA, EMA, Health Canada, AMA, and the WHO.
Contact:
James Dettore
Chairman & C.E.O.
jdettore@brandinstitute.com
www.brandinstitute.com
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SOURCE Brand Institute, Inc. | https://www.kswo.com/prnewswire/2022/08/03/brand-institute-president-nonproprietary-naming-division-advises-clients-guidance-set-forth-by-inn-regarding-covid-19-variant-vaccines/ | 2022-08-03T14:03:47Z | https://www.kswo.com/prnewswire/2022/08/03/brand-institute-president-nonproprietary-naming-division-advises-clients-guidance-set-forth-by-inn-regarding-covid-19-variant-vaccines/ | true |
The Cloud Campus of The Dwight Schools — An Innovator in Global Education — Collaborates with the IB to Share Expertise and Make Education More Accessible
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Dwight Global Online School — ranked the #2 best online high school in the U.S. by Newsweek — was selected by the International Baccalaureate (IB) as a partner to pilot the delivery of the two-year Diploma Programme (DP) in an online school environment. The pilot is designed to gain insights into the benefits of this pedagogical model and to make the DP more accessible to more diverse cohorts of students unable to attend a brick-and-mortar school. Dwight Global Online School (Dwight Global), a leader in online education since 2014, is proud to document the benefits of delivering the DP in a collaborative online learning community.
Dwight Global is the cloud campus of The Dwight Schools, a network of leading IB World Schools in New York, London, Shanghai, Seoul, and Dubai, extending a world-class independent school education to students everywhere. In fall 2021, Dwight Global launched the DP online through a hybrid model for students enrolled at Dwight's New York campus. The same opportunity will now be offered to all students who wish to have a robust DP online experience through the two-year pilot beginning this fall.
"We are delighted to partner with the IB to shape and evaluate the latest pedagogical models for delivering the comprehensive Diploma Programme. As a frontier IB World School, Dwight has long collaborated with the IB to develop solutions to global educational challenges, innovate, and share expertise with schools worldwide," said Stephen Spahn, Chancellor of The Dwight Schools, who has spearheaded Dwight since 1967 and is distinguished as the longest-serving head of an independent school in the U.S. "We share the IB's goals of increasing access to education for all through innovative online pedagogy. We also believe that the IB curriculum, culminating with the DP, offers students the finest educational foundation for excelling personally, academically, and professionally in our rapidly changing world."
"The IB aims to increase global access to the Diploma Programme for more diverse cohorts of students. Therefore, we are excited to partner with Dwight Global Online School and provide students with more opportunities to participate in the DP," said Matt Costello, IB Chief Business Development Officer.
The DP: The "Gold Standard" in College Preparation
The Diploma Programme, spanning grades 11-12, is recognized by university admissions directors around the world as the "gold standard" in college preparation based on the breadth and depth of the curriculum. According to the IB, DP graduates are better prepared for university and are more likely than non-IB graduates to remain enrolled and prosper. DP graduates also report that the curriculum prepared them well for college coursework, particularly in the areas of writing, critical thinking, study skills, and time management.
Goals of the Pilot
The pilot is designed to discover the advantages that a fully online DP can offer both students and schools. It will investigate: what the educational model looks like, its feasibility, capability, cost, etc.; and whether students have similar assessment results as those in brick-and-mortar schools. Included among the many students worldwide who could benefit are those who require different ways of accessing education, including students who:
- Are displaced or refugees
- Travel frequently for extended periods
- Have an illness, disability, or social-emotional challenges
- Live in remote areas
- Are pursuing passions outside school and need time for training
- Are homeschooled
The pilot will also explore how the model might impact schools themselves and how the IB can support them. Pilot data will provide the IB with intelligence to make strategic decisions about the future of IB programmes, as well as how they may engage with pilot providers in yet-to-be determined services, such as online examinations.
"We are especially excited to partner with the IB to open the door for more students around the world to reap the enormous benefits of a DP education. Dwight Global has a proven track record of building a vibrant, collaborative community of educators and learners online, including a diverse cohort of students that matches those who the IB is seeking to reach," said Dianne Drew, Global Education Director of The Dwight Schools and former Chair of the IB Global Heads Council. "We created Dwight Global to mirror the Dwight in-person school experience with added accessibility and flexibility, and look forward to sharing our expertise, learning outcomes, and proof of concept with the IB and fellow pilot partners."
Dwight Global's Innovative Roots
In 2013, Dwight Schools in New York and London were selected as two of the original six schools worldwide to pilot the DP online for students in non-IB Schools through the IB's Open World School Programme. That experience led to the founding of Dwight Global the following year. Today, the School offers over 100 IB, AP, honors, and elective classes for students in grades 6-12, who can also customize their own course of study.
Dwight Global extends the long-standing IB expertise of all five brick-and-mortar schools in the Dwight network and especially the New York School's legacy as a true IB pioneer. After authorization to offer the Diploma Programme in 1975, Dwight was the first school in North America authorized to offer the Primary Years Programme (PYP) in 1997, the first K-12 school authorized to offer the Middle Years Programme (MYP) in 2000, and the first in the Americas to provide the comprehensive IB continuum, following authorization to offer the Career-related Programme (CP) in 2014.
More about The Dwight Schools: The Dwight Schools network reaches across the globe and into the cloud igniting the spark of genius in every child. Each IB World School shares the same mission of creating a better world through education. The first Dwight School was founded in New York in 1872, followed by campuses in London in 1972, Seoul in 2012, Shanghai and Dwight Global in 2014, and Dubai in 2018. Graduates of all Dwight Schools attend leading colleges and universities worldwide.
Media contact: Laurie Silbersweig
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SOURCE Dwight Global Online School | https://www.kmvt.com/prnewswire/2022/08/03/dwight-global-online-school-2-best-us-online-high-school-partners-with-international-baccalaureate-pilot-diploma-programme-online/ | 2022-08-03T14:03:52Z | https://www.kmvt.com/prnewswire/2022/08/03/dwight-global-online-school-2-best-us-online-high-school-partners-with-international-baccalaureate-pilot-diploma-programme-online/ | true |
VP of Customer Experience Mark Kemp and Head of Design Ola Olusoga Join to Meet Growing Demand for Commission Software
SAN FRANCISCO, Aug. 3, 2022 /PRNewswire/ -- CaptivateIQ, the commission software leader that keeps sales teams motivated and focused on driving revenue, today announced the appointment of Mark Kemp as vice president of customer experience and Ola Olusoga as head of design. These team additions will advance CaptivateIQ's goal to help enterprises deploy, scale, and adapt sales commission programs to change. CaptivateIQ's leadership team is poised to advance its mission to make the commission process flexible and agile, empowering revenue teams to tailor plans, workflows and outcomes to meet evolving business needs.
"Mark and Ola represent key additions as we continue to improve our best-in-class customer experience and platform design strategies," said Mark Schopmeyer, co-founder and co-CEO of CaptivateIQ. "Mark's experience in sales performance management is critical to empowering high-performing revenue teams with effective incentive strategy. Ola's support in the design and experience organization at WordPress.com will help ensure that our end-to-end experience is designed in a way that is even easier to use and deeply visual."
As vice president of customer experience, Kemp brings 20 years of experience in sales performance management and customer experience, and will lead CaptivateIQ's customer success team by working to always capture the voice of the CaptivateIQ customer. Prior, Kemp managed technical and solutions sales, Go-to-Market strategy and revenue growth for Varicent's APAC region. Previously, Kemp held various roles across multiple business lines at SAP and CallidusCloud.
"I am looking forward to joining CaptivateIQ and helping lead the company through its next phase of growth as we help customers unlock the power of incentives," said Kemp. "To do this, I strongly believe we need to reframe sales commission planning as a digital transformation challenge and help customers overcome it, something I've spent my entire career doing, and something that is absolutely necessary to usher in the future of sales commission planning. CaptivateIQ's flexible, easy-to-use and intuitive platform is the best positioned to achieve this mission, and delight all stakeholders while doing it."
As head of design, Olusoga will manage a diverse team to build a culture of design excellence that will combine beautiful design and functionality, making it even easier for customers to use .CaptivateIQ's platform. Olusoga joins CaptivateIQ from Automattic, the parent company of WordPress.com, Tumblr, WooCommerce, and Jetpack, where he worked in various roles, most recently as vice president of experience and design of WordPress.com. While at Automattic, Olusoga led product and brand design teams to shape the overall experience and outcomes for the business and its customers. Previously, he co-founded Populum, a direct-to-consumer business.
CaptivateIQ is accelerating its core product innovations while delivering solutions that empower all teams in the commission process. The customer experience and design teams are delivering delightful rep experiences by offering enhanced performance, payout statements and earnings visibility. CaptivateIQ provides enterprise-grade support through its focus on scalability and performance, improved workflow automation, and advanced permissions and controls for added security and compliance.
CaptivateIQ, the new standard in commission management, enables companies to reclaim the power of incentives with a platform built for revenue teams. Leading companies like ClassPass and Gong rely on CaptivateIQ to transform their data, build any commission plan, and simplify their workflows to maximize productivity and achieve revenue goals. Headquartered in San Francisco, the company is backed by tier-one investors including Sequoia, Accel, ICONIQ Growth, Sapphire, Bessemer, Foundation Capital, Workday Ventures and Y Combinator. To learn more, visit www.captivateiq.com and follow @captivateiq.
CaptivateIQ, the CaptivateIQ logo, and any CaptivateIQ product and service names used herein are trademarks of CaptivateIQ, Inc. Other brand names that may be referenced herein are solely for identification purposes and may be the trademarks of their respective owners. Any CaptivateIQ customer experiences described herein may not be representative of all customer experiences.
Media Contact
Tom Hannigan
Bateman Agency for CaptivateIQ
captivateiq@batemanagency.com
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SOURCE CaptivateIQ | https://www.kswo.com/prnewswire/2022/08/03/captivateiq-expands-leadership-team-drive-excellent-customer-experiences/ | 2022-08-03T14:03:54Z | https://www.kswo.com/prnewswire/2022/08/03/captivateiq-expands-leadership-team-drive-excellent-customer-experiences/ | false |
Varadian will spearhead continued growth in the U.S. and Canada
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- CoachHub, the leading global talent development platform, is adding to its senior leadership team with the appointment of Kevin Varadian as senior vice president of sales and general manager for North America. Varadian brings nearly two decades of sales acumen and leadership to the role. He will oversee the strategy and operations of the company in North America while leading a dedicated sales team focused on continuing the fast-growing company's global expansion following CoachHub's $200 million Series C financing round announced in June.
Prior to joining CoachHub, Varadian held senior positions at LinkedIn and WeWork, where he focused on organizational growth. He helped WeWork achieve 10x in revenue growth to reach $1B+ and most recently scaled mortgage startup Tomo through sales and acquisition as the company's SVP of sales.
"Already the global category leader, CoachHub is continuing to innovate and evolve. As part of this growth, we are investing in international expansion with a strategic priority on North America — our fastest-growing market," said Yannis Niebelschuetz, founder and CEO of CoachHub. "Kevin will act as a driving force behind this next stage of accelerated growth, and I am confident that his extensive leadership and sales expertise will further solidify CoachHub as the world's leading enterprise coaching provider."
Along with overseeing the North American sales function, Varadian will lead talent acquisition and employee growth, unifying the North American organization with global operations and continuing to grow brand awareness in this region.
"CoachHub is a proven disruptor in a legacy industry and has showcased significant product-market fit," said Varadian. "I am thrilled to join CoachHub's robust leadership team and help this fast-growing company realize even greater success in its mission to democratize coaching."
Varadian's hire comes hot on the heels of other growth milestones including the rollout of the Digital Coaching Institute and the start of CoachHub's five-year partnership with EMCC Global to promote international accreditation and ethical standards in the coaching industry.
For more information about CoachHub, please visit www.coachhub.com.
About CoachHub
CoachHub is the leading global talent development platform that enables organizations to create personalized, measurable and scalable coaching programs for the entire workforce, regardless of department and seniority level. By doing so, organizations are able to reap a multitude of benefits, including increased employee engagement, higher levels of productivity, improved job performance and increased retention. CoachHub's global pool of coaches comprises over 3,500 certified business coaches in 90 countries across six continents with coaching sessions available in over 60 languages, to serve more than 500 clients. Our programs are based on advanced R&D from our Coaching Lab, led by Prof. Jonathan Passmore and our Scientific Board. CoachHub is backed by leading tech investors, including Sofina, SoftBank Vision Fund 2, Molten Ventures, Speedinvest, HV Capital, Partech and Silicon Valley Bank/SVB Capital.
CONTACT:
Alyssa Rinehart
BLASTmedia for CoachHub
coachhub@blastmedia.com
+1 317.806.1900
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SOURCE CoachHub | https://www.kswo.com/prnewswire/2022/08/03/coachhub-names-kevin-varadian-general-manager-svp-sales-north-america/ | 2022-08-03T14:04:31Z | https://www.kswo.com/prnewswire/2022/08/03/coachhub-names-kevin-varadian-general-manager-svp-sales-north-america/ | false |
The innovative Orange County school showcases its inclusive culture and commitment to progressive Jewish education with a fun family event on Aug. 9
SANTA ANA, Calif., Aug. 3, 2022 /PRNewswire/ -- Irvine Hebrew Day School, an independent, experiential and inquiry-based Jewish day school serving Orange County and the surrounding area, invites the community to enjoy fun and falafel at the school's inaugural summer festival.
IHDS's Summer Night's Festival will be held at IHDS (1500 E. 17th St., Santa Ana, California 92705) on Tuesday, Aug. 9, from 5-8 p.m.
"The Irvine Hebrew Day School family welcomes the community to our campus to celebrate summer at this family-friendly event," said Andie Hardy, the school's director of curriculum and instruction. "The Summer Night's Festival is also an opportunity to demonstrate the open, supportive culture we've built for Jewish families in the area, and to share our passionate commitment to educational innovation and excellence."
The Summer Night's Festival at IHDS will include:
- Bungee jumper
- Mechanical surfboard
- Petting zoo
- Inflatable bouncer and slide
- Israel-themed art/architecture project
- Face painting
- Popcorn, snow cones and cotton candy
Admission and activities are free. Falafel will be available at the Summer Night's Festival for $10 or preorder for $8 at https://irvinehebrewday.org/product/falafel.
IHDS represents a new paradigm in Jewish education based on in-depth, meaningful learning and genuine, respectful dialogue. Educators, administrators and parents are trained in Positive Discipline methods and engaged in a shared mission to equip students with the knowledge, creativity and skills necessary for achievement and success in the 21st century.
"At Irvine Hebrew Day School, we provide a unique Jewish educational experience based on academic rigor, educational innovation and social emotional growth," said Karin Hepner, a co-founder of the school. "A major part of that experience is the community we've established here, which we've designed the Summer's Night Festival to showcase. IHDS is open to all Jewish families, regardless of their affiliation or background. With prejudice and anti-Semitism on the rise, we offer a safe environment where students can learn, grow and nurture a thoughtful relationship with their Jewish heritage and identity."
For more information about Irvine Hebrew Day School, visit https://irvinehebrewday.org.
For more information about IHDS's Summer Night's Festival, visit Facebook.
About Irvine Hebrew Day School (IHDS)
Irvine Hebrew Day School (IHDS) is an independent K-8th-grade Jewish day school offering experiential, inquiry-based education and fostering critical thinking and discovery in all aspects of learning. Our goal is to give children knowledge that empowers them to pursue meaningful discussion and seek purposeful answers for an entire lifetime. More than 60% of IHDS students are identified as "gifted" or "highly gifted," compared to the 6% national average. With its low student-to-teacher ratio and small class sizes, IHDS is able to offer individualized attention, accommodating learners wherever they are with differentiated instruction. IHDS is committed to maintaining a diverse, welcoming culture open to Jewish families from all affiliations and backgrounds. For more information, visit https://irvinehebrewday.org.
MEDIA CONTACT:
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com
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SOURCE Irvine Hebrew Day School | https://www.kmvt.com/prnewswire/2022/08/03/irvine-hebrew-day-school-welcomes-community-summer-nights-festival/ | 2022-08-03T14:06:11Z | https://www.kmvt.com/prnewswire/2022/08/03/irvine-hebrew-day-school-welcomes-community-summer-nights-festival/ | true |
What is the role played in an organisation where leadership fails leadership? What other functions take on an elevators duties? For you. Lead is still the key that a role as important can only take, then leadership failures take center at every time it becomes difficult? Here are the best five leadership functions to overcome challengesspecially with an existing situation. These important management actions are often missing of senior roles? ➟⃞ VOLUMN -15- 16 How The Cash Meows: Dust Up Over Vision Bank & Salem\nDave Portzline says they would “put any other” of your business out to sea with a better solution- but it’s one step ata time at 128 Cox, right at Briar Cliff. If one wal... MORE » Be the Fat... More Info >Add BIO\nSusan Roosa says this is such \"excelle MOSCOW – A Russian court ruled Wednesday to transfer a university rector from jail to house arrest in an embezzlement case that has been seen by some observers as part of authorities' efforts to target members of the country's liberal elite.
Sergei Zuyev, the rector of the Moscow School of Social and Economic Sciences, has been behind bars since November. The school is one of Russia's leading non-state universities.
Zuyev's lawyers had long pushed for his release, citing his poor health. He initially denied the embezzlement allegations.
An investigator vouched for the move to house arrest, saying during a Wednesday hearing at Moscow’s Tverskoy District Court that Zuyev had cooperated and compensated for the damage he was accused of causing.
The investigator said Zuyev pleaded guilty to the embezzlement charges, but Zuyev’s lawyer told the Interfax news agency that he didn’t plead guilty to embezzling any money himself. Lawyer Dmitry Kravchenko said Zuyev gave testimony helping investigation and paid more than 15 million rubles (about $250,000) in damages, according to Interfax.
Some observers saw Zuyev's case as part of the purges targeting the country's liberal elite and muzzling independent voices amid Russia's military action in Ukraine.
Another prominent academic, Vladimir Mau, the rector of the Russian Presidential Academy of National Economy and Public Administration, was put under house arrest in June on embezzlement charges that stemmed from the investigation of Zuyev.
The probe also involved Marina Rakova, a former deputy education minister who worked alongside Mau. Investigators asked the Moscow court on Wednesday to free Mau from house arrest on his own recognizance. | https://www.wsls.com/news/world/2022/08/03/rector-of-top-moscow-university-put-under-house-arrest/ | 2022-08-03T14:06:28Z | https://www.wsls.com/news/world/2022/08/03/rector-of-top-moscow-university-put-under-house-arrest/ | false |
A kidnapped 12-year-old girl who escaped captivity and was found walking on the side of a road in rural Alabama helped lead police to discover two decomposing bodies at the residence where she was held, authorities said on Tuesday.
The search of his mobile home in Dadeville resulted in the discovery of two decomposing bodies, Abbett said.
Pascual-Reyes, 37, was arrested in Auburn, Ala., and charged with first-degree kidnapping, three counts of capital murder and two counts of abuse of corpse. He’s being held in Tallapoosa County Jail pending a bond hearing, police said. It’s unclear whether Pascual-Reyes has an attorney.
Court documents indicate that the girl had been tied to bed posts for nearly a week, and was assaulted and drugged with alcohol, according to WSFA in Montgomery, Ala. The girl, who has not been publicly identified, had not been reported missing, Abbett said. She managed to escape when she chewed through her restraints, according to the documents.
“She’s a hero,” Abbett said of the girl.
At a news conference Tuesday, Abbett declined to give additional details regarding whether the girl had any relationship to Pascual-Reyes or when she might have been kidnapped.
“It’s a fluid investigation,’’ the sheriff said, adding that authorities wouldn’t address whether the girl and man knew each other “until later.” “Things are changing, and I don’t want to jeopardize the identification of our juvenile.”
Authorities also declined to share information regarding the identification and cause of death for the two bodies found at Pascual-Reyes’s home in Dadeville, located about 60 miles outside of Montgomery. The remains were sent to the Alabama Department of Forensic Sciences for autopsies and identification.
Tallapoosa County District Attorney Jeremy Duerr told reporters that more capital murder charges could come against Pascual-Reyes.
“Once we continue and finish our investigation, I feel certain that several more charges will follow,” he said.
More than 365,000 reports of missing youths were filed into the FBI’s National Crime Information Center in 2020, according to the Justice Department’s Office of Juvenile Justice and Delinquency Prevention. The National Center for Missing and Exploited Children, the leading clearinghouse of information about missing children in the U.S., has noted that the figures show reports of missing children, not active cases, Reuters reported. As of Dec. 31, 2021, the FBI says that youths under age 18 account for about one-third of the more than 93,000 active missing-person cases.
Abbett said Pascual-Reyes had appeared to have lived in the mobile home since February. The sheriff said other people were at the home when authorities arrived, but declined to share details.
“It’s horrendous to have a crime scene of this nature,’’ he said.
The sheriff praised the many agencies that helped in the arrest of Pascual-Reyes, including the FBI, the Tallapoosa County District Attorney’s Office, the Alabama State Bureau of Investigation and the Dadeville Police Department.
He also lauded the girl for her bravery in escaping captivity and pointing police toward Pascual-Reyes and the two decomposing bodies. The girl was “doing well” after receiving medical attention, the sheriff said.
“She’s safe and we want to keep her that way,” Abbett said. | https://www.washingtonpost.com/nation/2022/08/03/alabama-girl-kidnapping-captive-bodies-arrest/ | 2022-08-03T14:06:53Z | https://www.washingtonpost.com/nation/2022/08/03/alabama-girl-kidnapping-captive-bodies-arrest/ | false |
A man of action! Brad Pitt is known for many things -- his winning smile, handsome face, acting range and ability to disappear into a character, and as seen once again in Bullet Train, his ability to pull off some epic action scenes.
While Pitt has said this is one of his first forays into high-octane action comedy, he has no shortage of experience in delivering some exciting moments of pulse-pounding action.
With Bullet Train rocketing into theaters this weekend, ET is taking a look back at Pitt's legacy of action movies and his history playing battle-hardened characters -- beginning with Fight Club.
Fight Club (1999)
The powerful social commentary of director David Fincher's Fight Club has become a beloved classic, despite disappointing at the box office upon its release. However, the siren call the film has had for many in the years since hitting theaters seems to be the same it had for Pitt when he first read the script.
"It just spoke to me, I was really drawn to the thing," Pitt told ET at the Venice Film Festival in 1999, ahead of the movie's wide release, adding that the film really showed how "art feeds off life and life feeds off art."
Troy (2004)
Pitt showed off his chiseled torso and flawless fighting figure when he donned some armor, a shield and a sword for Wolfgang Petersen's epic period piece, Troy. Pitt, playing the legendary fighter Achilles, had some truly iconic action scenes that fans still marvel at. However, he didn't just have to get in shape to fight, but also because of the film's more revealing scenes.
"Apparently, the Greeks, they were naked all the time! Eat naked, play naked... these are naked people, they like to be naked," Pitt told ET during a press junket for Troy. "I just didn't realize that I was the only one doing it in the movie. I thought everyone else was too."
Mr. & Mrs. Smith (2005)
In one of his first true action flicks, Pitt starred opposite future ex-wife, Angelina Jolie, in this shoot-'em-up action romcom that saw Pitt and Jolie playing a married couple who were both, secretly, assassins working for opposing agencies. Understandably, their marriage is strained and the pair are in couple's therapy -- which takes a turn for the more violent when they are pitted against each other with a price on their heads.
"What I like about it most, it's always like the relationship or the argument is at the foreground the action is always in the back," Pitt told ET at a junket in 2005. "It's good stuff!"
Fury (2014)
Fury follows the tank crew, of the same name -- featuring Pitt, Shia, Logan Lerman, Jon Bernthal and Michael Pena -- as they lead one last offensive against the waning Nazi forces in 1945. Pitt played a hard-nosed commander named Wardaddy -- sporting a very close-cut 'do -- who had to face harsh conditions alongside his band of brothers.
The authenticity of the story meant a lot to the star, telling ET at the time that he appreciated how the film "focuses so much on the psychological hardships of men dealing with those extreme conditions."
Bullet Train (2022)
Based on the Japanese novel Maria Beetle by Kotaro Isaka, Bullet Train follows multiple assassins aboard the same bullet train out of Tokyo, all hunting for the same man. Pitt is forced to contend with a whole train-load of killers, but the fast-paced action was a chance for the star to embrace the comedic elements of the action genre.
According to Pitt, he and director David Leitch were heavily influenced and inspired by Jackie Chan. He told ET during the LA premiere of Bullet Train, "We always talk about Jackie Chan, how much we love Jackie Chan. He's like our Charlie Chaplin, he's just so underrated. And it's so amazing the stuff that he's pulled off. So to do something in that vein, with the comedy infused into the fights, I've never done that before!"
Bullet Train hits theaters Aug. 5.
RELATED CONTENT: | https://www.kvue.com/article/entertainment/entertainment-tonight/inside-brad-pitts-best-action-films-from-fight-club-to-mr-mrs-smith-and-more/603-074904a5-356f-4fc9-a812-2ec8eaffa707 | 2022-08-03T14:07:10Z | https://www.kvue.com/article/entertainment/entertainment-tonight/inside-brad-pitts-best-action-films-from-fight-club-to-mr-mrs-smith-and-more/603-074904a5-356f-4fc9-a812-2ec8eaffa707 | true |
Creator of instant ramen, Nissin Foods wins with premium strategy in the U.S. market while honoring over 50 years of the Original Top Ramen® and Cup Noodles®
GARDENA, Calif., Aug. 3, 2022 /PRNewswire/ -- Nissin Foods, the creator of instant ramen, reported notable gains in 2021 following a year of unprecedented growth the year prior, with 22.2% growth in total product sales year-over-year. Fueled by a 30.9% share of the instant noodle market in the U.S., the company strengthened its position in the market supported by continued strategies for product innovation of its legacy brands including Cup Noodles and Top Ramen, after more than 50-years of operations.
"Our continued growth momentum and strong performance during a year of unwieldy supply chain challenges across the industry, are indicative of our ability to cater to rapidly changing consumer needs and preferences," said Michael Price, President and CEO of Nissin Foods, USA. "Over the last five years, we have remained consistent in our captured market share year-over-year further solidifying our strong second position in the market. Our global leadership, dedicated mission, and strategic innovation pipeline of premium products has us poised to regain our commanding position as the leader in the instant ramen category."
Underscoring the rising trend of premium instant ramen products paired with consumer demand for convenient, value products, Nissin Foods saw a 32.0% growth in premium net sales, leading the premium category with a 82.3% share. Upholding its reputation as a pantry staple in households across the country, Nissin surpassed 1.48 billion noodle servings sold in 2021, a result of achieving several business milestones across its brands which included the launch of its first, limited edition flavor with Cup Noodles Pumpkin Spice, entrance into the rice category with Cup Noodles® Stir Fry™ Rice With Noodles and leveraging the spicy foods trend with Hot & Spicy FIRE WOK.
"We continue to see demand growth across a broader consumer segment, which requires further diversification of our offerings and a strategic focus on premium, game-changing products and expansion into new categories," said Price. "Instilled by Nissin Foods Founder Momofuku Ando, innovation is the guiding principle of the company that is driven by the mission to feed the world with accessible and affordable products. This mentality enabled us to hit critical benchmarks, all while navigating the industry's production constraints and global obstacles."
Looking ahead, Nissin Foods has its sights on increasing its volume and value share in the market by expanding its premium product retail footprint, launching new and unexpected limited edition flavor profiles, cross-category integration, and aligning with brands and partners to continue to disrupt and push boundaries forward in the food industry and establish its leadership position in the ramen category.
Nissin Foods was established in 1958 by Momofuku Ando, who invented the first instant ramen noodle in Japan inspired by his belief that "peace will come to the world when there is enough food." In 1970, Nissin Foods USA opened its first plant in Gardena, California, introducing ramen noodles to American consumers. In 1971, Cup Noodles was launched in Japan, and then debuted as Cup O' Noodles in the U.S. in 1973, revolutionizing the industry by creating a product that could package, prepare and serve noodles all in one. For over 60 years, Nissin Foods has created delicious and convenient Asian-inspired meals at an affordable value. Nissin Foods USA develops and markets a variety of products including Cup Noodles®, Top Ramen®, Cup Noodles® Stir Fry™, Chow Mein, Hot & Spicy bowl, and Hot & Spicy FIRE WOK. The company's corporate philosophy inspires commitment to taste, convenience, and quality.
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SOURCE Nissin Foods | https://www.kmvt.com/prnewswire/2022/08/03/nissin-foods-usa-premium-category-growth-fuels-product-expansion/ | 2022-08-03T14:07:27Z | https://www.kmvt.com/prnewswire/2022/08/03/nissin-foods-usa-premium-category-growth-fuels-product-expansion/ | false |
New survey finds 45% of FinOps Practitioners make $100K-plus a year
PORTLAND, Ore., Aug. 3, 2022 /PRNewswire/ -- More companies in more industries are starting and growing FinOps teams and practices as they shift to the cloud and seek a better handle on forecasting and planning cloud migration and spend, according to a new survey conducted by the non-profit organization the FinOps Foundation.
FinOps, the field of cloud financial management, is also emerging as a lucrative career. More than 45% of practitioners surveyed make over $100K a year with the average career tenure at three years.
The State of FinOps 2022 survey, which helps companies better focus and innovate around real-time cloud financial management, included more than 1,000 FinOps practitioners from around the world and companies representing more than $40 billion in collective cloud spend. It is the second annual "State of FinOps" report.
This year's survey results underscore that Global 2000 companies continue to adopt FinOps and, while companies do so in a myriad of ways, the end result is a more scalable and successful FinOps culture and practice.
More than half of the respondents (54%) represent industries other than financial services and technology companies, indicating that FinOps is proliferating beyond the early adopters wanting to make sense of cloud costs. Respondents from industries included telecommunications, retail, manufacturing and Energy were included.
Also, 45% of respondents represented organizations with 10,000 or more employees. FinOps practitioners report to CTOs (43%), CIOs (24%) and CFOs (17%), indicating its cross functional role, but there were also regional variances in reporting structures
"This survey validates that FinOps isn't just a technical engineering discipline nor is it solely finance based. It's a cultural one that brings together finance, engineering, product and management," says J.R. Storment, executive director of the FinOps Foundation. "Coupled with the fact that most who responded were planning to nearly double the size of their FinOps teams in the next year, there are simply not enough skilled practitioners in this emerging field to fill all the open roles. What we learn from this work will shape how we continue to build and redefine best practices and education of FinOps for our global community of practitioners to fill that need."
Not surprisingly, cost allocation (the ability to report back where cloud spend originated by team or business unit) was identified as the No. 1 priority by 39% of practitioners and it ranked among the top 3 priorities for 64% of respondents surveyed.
While cost allocation is, by far, the leading FinOps activity, it also poses a cultural challenge. Repeating the top result of last year, encouraging engineers to take action on cost optimization remains a top challenge for all companies, although this does alter when you split it out by maturity of the FinOps practice.
Other Key FinOps Insights:
- Automation is on the rise, with just 25% of respondents reporting that they have no automation, down from 49% in last year's survey. Of respondents who automate, budget overage notifications, reporting, and tagging hygiene are the most common things to automate.
- Barriers to FinOps automation are driven by technical resource availability (35%) and FinOps adoption (29%).
- The average FinOps team size is five, and teams are expected to grow. Many companies are in the early stages with 36% of respondents working on FinOps but lacking a team.
- FinOps is being promoted almost equally via executive directive (46%), organic adoption (45%), and grass roots (43%).
Along with concerns around cost, enabling automation, container cost reporting and reducing wasted and unused resources were noted as key challenges to tackle in the year ahead, especially among respondents representing more advanced FinOps practices.
"These challenges grow in complexity as spend and usage grows," says Storment. "The FinOps Foundation community continues to tackle all of these challenges, creating practical guides and content for every member to use."
The FinOps Foundation has more than 7,000 active members and practitioners contributing to an industry-leading framework, which includes best practices and learnings from innovative organizations and cloud providers such as the Mayo Clinic, Chevron, Target, Box, Expedia, Atlassian, HSBC and Google Cloud Platform.
For more survey insights, access the report here and watch previous virtual events covering the data on the FInOps Foundation's YouTube channel
The FinOps Foundation (F2) is a program of the non-profit trade association The Linux Foundation. It is dedicated to advancing every individual who manages the value of cloud with enriching connections, professional advancement, and building capabilities wherever they are. The FinOps Foundation community includes 7000+ individual members, from more than 2800 companies who consume public cloud including Atlassian, Spotify, HSBC, Fidelity, Adobe, Target, JPMorgan Chase & Co and Chevron.
Contact: PR@LinuxFoundation.org
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SOURCE FinOps Foundation | https://www.kbtx.com/prnewswire/2022/08/03/finops-foundation-research-shows-field-finops-expands-companies-move-cloud/ | 2022-08-03T14:08:57Z | https://www.kbtx.com/prnewswire/2022/08/03/finops-foundation-research-shows-field-finops-expands-companies-move-cloud/ | false |
Tyler Perry is sharing the exact reason why he chooses to keep his personal relationships private, especially when it comes to his 7-year-old son, Aman.
The 52-year-old actor/producer/director spoke at length with AARP The Magazine about his successful acting career in Hollywood, being the billionaire head of a studio empire and the release of his upcoming Netflix film, A Jazzman Blues, but when it came to making revelations about his personal relationships, Perry kept those cards close to his chest.
"Because these people are not famous," he explains. "My son's not famous. I want him to have as normal a life as he can. I want him to know what it's like to have his own name and his own life and not have the pressure of trying to live up to whatever or whoever your father was."
Perry and his ex girlfriend, Gelila Bekele, share Aman. The pair ended their longtime relationship in December 2020.
The Madea star, however, did reveal that while his son's still a boy with the purest intentions, he knows it's only a matter of time until reality sets in, and this is especially true when it comes to dealing with sensitive subjects such as race.
"I haven't had the conversation with Aman because he's only 7, and I want to hold out as long as I can," Perry says. "I don't want to tell him that there are people who will judge him because of the color of his skin, because right now he's in a school with every race, and all these kids are in their purest form. When he describes his friends, he never defines them by race. So, the moment he loses that innocence is going to be a very, very sad day for me. I know it's coming, though, because he's already asking some really tough questions. What I want him to be, more than anything, is somebody who sees injustice, speaks out against it and effects change."
While Perry aims to keep his son out of the bright spotlight, the Hollywood power broker has opened up a bit in the past about fatherhood and the responsibility he holds himself accountable for.
“Every cliché is true, man,” Perry told ET back in October 2017. “Just having an opportunity to mold a great human being is a wonderful thing. To help nurture and cultivate his life, in whatever wonderful thing he is going to be, is really awesome.”
Three years prior, Perry also opened up to ET about what it was like being in the delivery room and cutting his son's umbilical cord.
"It was the most amazing thing. I was there, I cut the cord, I was in the room, I was helping her breathe. I can't even describe it," Perry told ET. "It's really fresh. I'm here for about 18 hours then I'm right back to New York because I can't wait to see him."
When he was asked to describe who Tyler Perry is today, the media mogul didn't mention his accolades or the role he's played in shaping Hollywood. Perry, instead, mentioned to AARP his mother's name and being a proud father.
"I'm Maxine's baby," he says. "I am defined by everything she put in me. She was the kind of woman who tolerated or accepted nothing but your best. And I'm Aman's father. All of this other stuff is really great. But the thing that gives me motivation every day is being Aman's father."
RELATED CONTENT: | https://www.kvue.com/article/entertainment/entertainment-tonight/tyler-perry-makes-rare-comments-about-his-not-famous-son-i-want-him-to-have-as-normal-a-life-as-he-can/603-44ea9180-4a58-4e77-b19e-8ccee287be00 | 2022-08-03T14:09:41Z | https://www.kvue.com/article/entertainment/entertainment-tonight/tyler-perry-makes-rare-comments-about-his-not-famous-son-i-want-him-to-have-as-normal-a-life-as-he-can/603-44ea9180-4a58-4e77-b19e-8ccee287be00 | true |
Drivers of a certain age have been issued a warning by DVLA or risk a £1,000.
The agency has reminded older drivers that they need to renew their licence every three years or risk receiving a hefty fine. Any driver over the age of 70 is required to renew their licence or risk a £1,000 fine.
They are also being urged to renew online if possible to avoid delays.
READ MORE- New drivers issued important car insurance advice with money saving tip
A second warning also comes as drivers have been cautioned of using 'middle man' companies and always ensure they are using the DVLA website to renew their driving licences. Motorists are urged to be wary of other websites offering their services, particularly as many may appear quite high up on Google, Birmingham Live reports.
These particular websites do charge money to transfer renewal applications to the DVLA but they are not officially associated with government agency. This means the applications are not guaranteed to be processed any quicker than those made through the government website.
The DVLA didn't name the third-party websites that are charging elderly drivers.
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Julie Lennard, DVLA chief executive, said: “Drivers looking to renew their licence at 70 and over should use our online service which is secure, free of charge, and also the quickest and easiest way to transact with DVLA. Customers usually receive their driving licence in just five days. Always remember to always use Gov.uk when using any of DVLA’s many online services.”
It comes as a rule change now means healthcare staff and nurses can fill out a medical questionnaire for a driving licence or renewal. It is hoped this will also help the backlog of applications.
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Blue star Lee Ryan reportedly arrested after Glasgow flight 'disruptive behaviour' | https://www.glasgowlive.co.uk/news/dvla-issues-warning-certain-drivers-24660800 | 2022-08-03T14:09:44Z | https://www.glasgowlive.co.uk/news/dvla-issues-warning-certain-drivers-24660800 | false |
Hull FC are back on the road again on Friday night with the significantly shorter trip to Huddersfield. The Black and Whites won their first ever game in Toulouse last weekend, a result which keeps them in check with the play-off positions.
Brett Hodgson has made two changes to his 21-man-squad with Chris Satae and Connor Wynne returning to the fold. Youngsters Charlie Severs and Davy Litten drop out.
In total, Hull have ten players out through either injury or suspension. It's a tough gig, and once again Hodgson will look to grind out a win based on effort against a very good Huddersfield team. Here Hull Live looks at how Hull FC could line up.
Read more:Hull FC’s selection woes highlighted as Brett Hodgson still dealing with major issues
Fullback: Jack Walker - Was playing through the pain barrier in France last week but fit enough to be named in the 21. We'll speak to Hodgson on Thursday, but the on loan fullback looks good to go.
Right Wing: Darnell McIntosh - He's been impressive this season with his work out of the backfield and try scoring ability.
Right Centre: Jake Connor - A roaming centre role was a winning tactic last week. Don't be surprised to see it get given another go in Huddersfield. There are options to shake things up too, with a back on the bench should Hodgson opt to move Connor to an out and out pivot position.
Left Centre: Mitieli Vulikijapani - Doesn't deserve to be dropped after last week's performance. He stood up in Toulouse. Defensively sound and ran the ball hard.
Left Wing: Josh Simm - Redeemed a costly error early on with a try in Toulouse and will look to kick on now.
Halfback: Will Smith - Went well on debut scoring and assisting a try. Could start again in the halves should Hodgson opt for the Connor roaming centre role again. Will be even better for another week's training.
Halfback: Luke Gale - Stepped up in recent weeks to lead the team and played his part in the win in the South of France.
Prop: Kane Evans - Was the best player on the field last week. Virtually unstoppable with big drives and offloads.
Hooker: Danny Houghton - There are challengers for his position now and we need to see some quality with the ball to match his effort elsewhere.
Prop: Scott Taylor - After a big dip against Castleford, he went well last week and drove the ball in hard. It's about stringing together some performances now. Huddersfield are a good physical side and Taylor needs to lead by example.
Right Back Row: Ellis Longstaff - Swapped edges with Jordan Lane last week and it worked. Longstaff was brilliant in Toulouse. Proper effort based performance with quality too.
Left Back Row: Jordan Lane - Better on the left edge last week and should get a run there again.
Loose Forward: Brad Fash - Up there with Hull's player of the season. Been brilliant in recent weeks. Deserves to start.
Interchange 1: Chris Satae - The big fella is back from an ankle injury and will look to provide a big impact off the bench.
Interchange 2: Jack Brown - Hull's only ever present player now. What a season he's having.
Interchange 3: Joe Lovodua - Back from illness and provides options to play as a middle, back row or at hooker. Options are welcome.
Interchange 4: Connor Wynne - The young gun comes back into the fold this week and should Hull look to move Connor again, then he could play a big part off the bench. He'll be looking for a big performance after his ban for dissent.
Four to miss out: Jordan Johnstone, Jacob Hookem, Harvey Barron, Matty Laidlaw.
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Hull FC's Jake Connor conundrum and the role he could play for rest of season
Latest Hull FC features, analysis, and opinion from Hull Live | https://www.hulldailymail.co.uk/sport/rugby-league/predicted-hull-fc-team-play-7416940 | 2022-08-03T14:09:51Z | https://www.hulldailymail.co.uk/sport/rugby-league/predicted-hull-fc-team-play-7416940 | false |
Sheree Zampino is opening up about what it's like co-parenting Trey Smith with Will Smith and Jada Pinkett Smith, and the Real Housewives of Beverly Hills star admits it hasn't always been easy -- and if it looks easy, it's because they've all put in the work.
During a recent episode of the Behind the Red Velvet podcast, Sheree shared why she, Will and Jada have not only been able to make their co-parenting relationship work, but also thrive. Sheree said that, ultimately, it will always come down to realizing who their priorities are in life.
"I'm not gonna say that it's easy. I think early on my heart is always my child. My child comes first," Sheree said. "So, it's not about me anymore. We're not together [meaning Sheree and Will]. It's about him. Then Jaden comes along, then Will's got these babies. So, how do we do this where we honor them and put them first and we don’t deprive them of any good thing? [The] good thing being the relationships they have with each other. The relationship they have with me. The relationship my son has with Jada, you know?"
Sheree and the King Richard star were married from 1992 to 1995 and share one child, 29-year-old Trey. Will and Jada married in 1997, and they share two children -- Jaden, 24, and Willow, 21.
The former Hollywood Exes star said getting on the same page was, and is, key. She also gave Jada a lot of credit for helping make it a seamless transition for a then-young Trey.
"When you have a mutual respect it becomes easier. When you take yourself out of the way, like, it’s not about me," Sheree explained. "It’s about him, and my thing was, with Jada, it was like, ‘As long as she treats him well, we’re good. We’re good.' And she’s treated him well and she’s loved him. Sometimes moms get jealous. It’s like, 'I’m getting jealous over another woman because she’s treating my child right?’ What?! That’s insane. Don’t you want her to treat your child right? It could be worse. Think of the flip side of that. It could be horrible. If the new wife or the new girlfriend is treating this baby right, you shouldn’t have any problems. Really, what’s the problem? It’s not rocket science. It's not hard. That part of it is not hard."
But there have been challenges, and Sheree admits they've bumped heads from time to time.
"You got three different dynamics, three different personalities and different belief systems, different way of doing things," she said. "And there were times where we have bumped heads and it hasn’t been pretty. But listen, we get back on that horse and we press on. We do what we have to do because again, at the end of the day, it’s about the kids. We have a responsibility to them."
Proving just how close they've been, back in 2018, Sheree served as the inaugural guest on Jada's popular Facebook Watch show, Red Table Talk. The emotional chat (both women cried) made headlines, as Sheree and Jada explained their past beef and current friendship in-depth for the first time.
Sheree, who in 2020 opened up to ET about being identified as "Will Smith's ex-wife," brought Jada to tears when she thanked her for "loving my baby," Trey.
RELATED CONTENT: | https://www.kvue.com/article/entertainment/entertainment-tonight/will-smiths-ex-sheree-zampino-admits-theyve-bumped-heads-while-co-parenting/603-8935ff1a-9c2e-439a-afac-358a11c306d1 | 2022-08-03T14:09:53Z | https://www.kvue.com/article/entertainment/entertainment-tonight/will-smiths-ex-sheree-zampino-admits-theyve-bumped-heads-while-co-parenting/603-8935ff1a-9c2e-439a-afac-358a11c306d1 | true |
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for TSLA, NTLA, PYPL, XOM, and MRNA.
Click a link below then choose between in-depth options trade idea report or a stock score report.
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- TSLA: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=TSLA&prnumber=080320223
- NTLA: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=NTLA&prnumber=080320223
- PYPL: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=PYPL&prnumber=080320223
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InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.kswo.com/prnewswire/2022/08/03/thinking-about-trading-options-or-stock-tesla-intellia-therapeutics-paypal-exxon-mobil-or-moderna/ | 2022-08-03T14:12:24Z | https://www.kswo.com/prnewswire/2022/08/03/thinking-about-trading-options-or-stock-tesla-intellia-therapeutics-paypal-exxon-mobil-or-moderna/ | true |
Acquisition Expands SCA's Market Leading Position in Virginia
CLEVELAND, Aug. 3, 2022 /PRNewswire/ -- Sweeping Corporation of America ("SCA"), the largest power sweeping company in the United States, acquired Total Power Sweeping Services, Inc. ("TPSSI" or "the Company"). TPSSI, located in Fredericksburg, Virginia, provides sweeping services to construction and commercial customers throughout the state. Terms of the transaction were not disclosed.
SCA's acquisition of TPSSI marks its thirteenth acquisition in 2022. Combined with SCA's 2018 acquisition of Hy-Tech Property Services, the transaction expands SCA's footprint in Virginia.
"We are excited to have TPSSI join the SCA team," said Michael Latanza, Chief Development Officer at SCA. "This transaction significantly enhances SCA's service in the state of Virginia and is consistent with our strategy to acquire best-in-class businesses that support our efforts to better serve our customers."
This marks SCA's 48th acquisition to-date. With this transaction, SCA has grown its team to over 2,000 employees in over 70 locations.
ABOUT SCA
Headquartered in Cleveland, Ohio, SCA is the largest power sweeping services company in the United States. SCA self-performs power sweeping for highways, streets, industrial and commercial applications for both private and government entities. For more information on SCA, please visit www.sweepingcorp.com.
ABOUT TOTAL POWER SWEEPING SERVICES, INC.
TPSSI, led by Joe & Margaret Wright, has been in business for over 20 years and provides sweeping services to municipal, commercial and construction customers throughout the state of Virginia. TPSSI's mission is to provide high quality and dependable sweeping and maintenance services to fit their client's needs.
CONTACT:
Sweeping Corp of America:
Michael Latanza, Chief Development Officer
mlatanza@sweepingcorp.com
1-888-793-3746
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SOURCE Sweeping Corp of America | https://www.kbtx.com/prnewswire/2022/08/03/sweeping-corporation-america-acquires-total-power-sweeping-services/ | 2022-08-03T14:14:02Z | https://www.kbtx.com/prnewswire/2022/08/03/sweeping-corporation-america-acquires-total-power-sweeping-services/ | false |
Construction progress continues with major milestone
ATLANTA, Aug. 3, 2022 /PRNewswire/ -- Atlanta Gas Light today announced the placement of its second LNG storage facility rooftop August 2 at its liquified natural gas (LNG) facility in Cherokee County. Weighing 444 tons, or as much as 11 humpback whales, the domed roof is approximately 200 feet in diameter and 36 feet in height. The air raise of the roof took approximately 4 hours to complete. Construction of the inner LNG containment shell within the outer wall will begin in the coming months. Once complete, the new LNG tank will store an additional 2 billion standard cubic feet of natural gas onsite to meet Atlanta Gas Light natural gas supply needs.
Construction of the LNG storage facility has been underway since November 2021 and will be completed in phases over the next three years.
"Placement of the LNG storage tank roof is a major milestone for the project, reflecting the hard work and dedication of our team as we transition this facility closer to operation," says Atlanta Gas Light President and CEO Pedro Cherry. "This LNG project is critical natural gas infrastructure necessary to continue providing fuel to our customers safely and reliably in the decades when demand is at its highest."
The project will allow Atlanta Gas Light to double the facility's capacity, store gas when it is most affordable and then have access to that supply during periods of peak demand in the county and surrounding regions.
Liquefied natural gas is natural gas that has been cooled to a liquid state, at about -260 degrees Fahrenheit, for shipping and storage. The volume of natural gas in its liquid state is about 600 times smaller than its volume in its gaseous state in a natural gas pipeline. While stored as LNG, it's returned to its gaseous state, or regasified, for use by customers.
This facility is part of Atlanta Gas Light's first-ever Integrated Capacity Development Plan (i-CDP), which was approved by the Georgia Public Service Commission in November 2021. The i-CDP provides insight into the company's long-range plans for initiatives that will enable it to meet increased demand and deliver superior customer service while continuing to serve the energy needs of the state safely and reliably.
Check out Atlanta Gas Light's YouTube channel for video of the roof placement.
For more information about Atlanta Gas Light, log on to our website or connect with us on Facebook, Instagram or Twitter.
About Atlanta Gas Light
Atlanta Gas Light is one of four natural gas distribution companies of Southern Company Gas, a wholly owned subsidiary of Southern Company (NYSE: SO). Atlanta Gas Light provides natural gas delivery service to approximately 1.7 million customers in Georgia. In operation since 1856, the company is one of the oldest corporations in the state. For more information, visit atlantagaslight.com.
About Southern Company Gas
Southern Company Gas is a wholly owned subsidiary of Atlanta-based Southern Company (NYSE:SO), America's premier energy company. Southern Company Gas serves approximately 4.3 million natural gas customers through its regulated distribution companies in four states with approximately 666,000 retail customers through its companies that market natural gas. Other businesses include investments in interstate pipelines and ownership and operation of natural gas storage facilities. For more information, visit southerncompanygas.com.
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SOURCE Southern Company | https://www.wbtv.com/prnewswire/2022/08/03/atlanta-gas-light-announces-roof-placement-second-lng-storage-facility-tank-ball-ground-ga/ | 2022-08-03T14:21:03Z | https://www.wbtv.com/prnewswire/2022/08/03/atlanta-gas-light-announces-roof-placement-second-lng-storage-facility-tank-ball-ground-ga/ | true |
Moon may have stable temperatures for humans, researchers say
(CNN) - It is possible that humans could start living on the moon.
There are caves on the moon, or at least the makings of caves, which have steady temperatures of about 63 degrees Fahrenheit.
That is a huge difference compared to the moon’s surface, which heats up to 260 degrees Fahrenheit during the day and drops to -280 degrees Fahrenheit at night.
Research recently published in the journal Geophysical Research Letters shows the moon has pit craters that could be turned into caves, and the stable temperatures there could them a good place for shelter.
In other words, exploring the moon and eventually living there could be a lot safer, but being stuck in a cave or facing certain death might not sound too fun.
The study’s co-author said this new information could help NASA pick up the pace on designing a workable, permanent station on the moon, saying, “Humans evolved living in caves, and to caves we might return when we live on the moon.”
Copyright 2022 CNN Newsource. All rights reserved. | https://www.dakotanewsnow.com/2022/08/03/moon-may-have-stable-temperatures-humans-researchers-say/ | 2022-08-03T14:23:00Z | https://www.dakotanewsnow.com/2022/08/03/moon-may-have-stable-temperatures-humans-researchers-say/ | true |
The acquisition positions Fastfrate Group as one of the largest independently owned transportation and supply chain companies in Canada
TORONTO, Aug. 3, 2022 /PRNewswire/ - Fastfrate Group has officially completed its majority acquisition of Challenger Group following Competition Bureau Canada approval on August 2, 2022.
Now with 7 companies and 40 locations operating across Canada and the United States, Fastfrate Group is one of the largest independently owned transportation and supply chain companies in Canada, with a diverse suite of services that seamlessly support the increasingly complex needs of customers. This includes LTL, TL, intermodal, drayage, logistics, warehousing, distribution services, home delivery, e-commerce, and more.
As part of the acquisition, Challenger Group will continue to operate independently under incoming CEO Jim Peeples. Manny Calandrino will remain CEO of Fastfrate Group. Current employees and management teams at both organizations will not be impacted by the transaction.
Loopstra Nixon LLP acted as legal counsel and Ernst & Young Orenda Corporate Finance Inc. acted as financial advisor to Fastfrate Group. Scotiabank and Whiteshell Advisory Inc. acted as financial advisors and Gowling WLG served as legal counsel to Challenger Group.
For more information on the acquisition, please click here.
Fastfrate Group is comprised of 6 companies operating out of 30 terminals and final mile hubs across Canada and into the United States. We provide industry-leading, end-to-end supply chain solutions that are an essential part of keeping our customers businesses running. We offer customers a full suite of asset-based transportation including over-the-road, crossborder and intermodal LTL and TL, drayage and transload, warehousing, distribution, final mile, and logistics services. With a 56-year legacy in Canada, we are driven to be the country's most trusted and leading transportation company.
Challenger Motor Freight has been serving customers for 48 years. We provide leading transportation, warehousing, and distribution services to customers from coast-to-coast, with the ability to ship domestically and across North America. Challenger transportation services include LTL, full truckload, rail transport, intermodal, and expedite services to ensure efficient, on-time delivery. Logistics and Supply Chain Management, including Third-Party Logistics and On-site Warehousing are key parts of Challenger's complete shipping and transportation solution. Our customs specialists make hassle-free cross-border shipments easy.
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SOURCE Fastfrate Group | https://www.wibw.com/prnewswire/2022/08/03/fastfrate-group-completes-majority-acquisition-challenger-group/ | 2022-08-03T14:23:16Z | https://www.wibw.com/prnewswire/2022/08/03/fastfrate-group-completes-majority-acquisition-challenger-group/ | false |
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Should workers outside London and the South East be paid less? How inflation hits different parts of the country
Wednesday 3 August 2022 13:56, UK
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Cybersecurity Leaders Will Learn How to Effectively Detect & Mitigate Automated Attacks & Fraud Attempts
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- DataDome, a leading provider of AI-powered online fraud and bot management, is proud to announce that it is returning to Black Hat USA 2022, both in person and virtually.
DataDome's team of experts, including co-founder and CEO Benjamin Fabre, will be at booth #2761 from August 10-11, ready to discuss the ever-evolving online fraud threat landscape, and provide attendees with demos of its award-winning solution, including its newly launched CAPTCHA feature.
"We are thrilled to return to Black Hat USA for another opportunity to meet the thousands of cybersecurity experts who want to learn more about bot-driven fraud," said Benjamin Fabre, co-founder and CEO at DataDome. "All too often, bot attacks go undetected, disrupting business revenues, and putting data security and the customer experience at risk. Our team is looking forward to showcasing how DataDome secures global brands with machine learning-driven, full endpoint protection against malicious bots, which is key to keeping sensitive data safe and online platforms performing at optimum speed."
This year, attendees can expect:
- Live demonstrations, on the hour, every hour. These in-person demos will highlight how DataDome's Online Fraud & Bot Management solution provides full endpoint protection for mobile apps, websites and APIs, beating today's most sophisticated bots in real time. Attendees can also try the first ever privacy compliant, secure and human friendly CAPTCHA, now part of DataDome's solution.
- A virtual talk on how to prevent business hazards from bots as a service. DataDome's Head of Research, Antoine Vastel, PhD, will deliver a virtual talk, revealing the inner workings of a modern bot detection engine – kryptonite for bots as a service.
- One-on-one time with DataDome's CEO. Co-founder and CEO Benjamin Fabre will be on site, available to answer questions about all-things online fraud and bot management. Book a meeting in advance, or stop by booth #2761.
- A virtual booth for those registrants not attending in person. Join us at our virtual booth during the show dates of August 10-11, where one of our bot experts will be on hand to chat with you via messenger or video in real time. Registration for the virtual conference is free. Once logged in, find us in the virtual Exhibit Center.
Follow DataDome on Twitter and LinkedIn for regular updates on threat research, customer case studies, and to ensure your bot protection is ready for the sales season.
About DataDome
DataDome is a global provider of state-of-the-art bot protection for mobile apps, websites, and APIs, against online fraud. DataDome's mission is to free the web from fraudulent traffic, so sensitive data remains safe without compromising user privacy or the user experience. DataDome leverages AI and machine learning to analyze 1 trillion signals each day and beat sophisticated attacks in real time. DataDome protects leading digital commerce businesses, including Axel Springer, AngelList Talent, Australia Post, Patreon, carsales.com Limited, and Foot Locker.
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SOURCE DataDome | https://www.dakotanewsnow.com/prnewswire/2022/08/03/datadome-host-demos-provide-glimpse-into-inner-workings-modern-bot-detection-engine-black-hat-usa-2022/ | 2022-08-03T14:24:49Z | https://www.dakotanewsnow.com/prnewswire/2022/08/03/datadome-host-demos-provide-glimpse-into-inner-workings-modern-bot-detection-engine-black-hat-usa-2022/ | true |
TS BJP welcomes Raj Gopal Reddy
HYDERABAD August 03, 2022 19:12 ISTEatala hopes that Huzurabad victory will be replicated at Munugode
Telangana BJP has formally welcomed the just-resigned Congress MLA K. Raj Gopal Reddy into its party fold claiming that the latter had quit for the sake of people of his Munugode constituency, for “self-respect and “unable to bear humiliation” any more.
Former minister Eatala Rajender and chairman of the party’s reception committee claimed that Mr. Reddy could have become a minister in the TRS regime yet decided to fight against the government, despite being denied clearance of bills of the infrastructure works done by his firm and cancellation of contracts “with no support forthcoming from his own party”.
“Chief Minister K. Chandrasekhar Rao ignored his plea for funds for development and he could have continued as MLA but quit for the sake of his people,” he affirmed and expressed the hope that the Huzurabad victory would be replicated here too. The BJP leader was confident about “Nalgonda people being happy over the resignation of the MLA as it is a harbinger of a new dawn with the TRS government likely to shower goodies in the form of insurance for weavers, Dalit Bandhu and others”.
“Munugode people are aware of the game plan of KCR and will ensure truth and justice prevail as in Huzurabad. The TRS drama will not work any more,” he asserted and claimed that “every MLA from different parties was in touch” for possible switch and “hundreds” of sarpanches and MPTCs -- mandal parishad territorial constituency members -- were already having discussions on this front.
“Leaders are joining us because they see a political future in BJP and realise Prime Minister Narendra Modi has the support of people. There is no need to be embarrassed as we are welcoming openly,” he claimed.
The MLA objected to TS Congress chief Revanth Reddy’s tirade and advised him to target the “undemocratic” TRS government and ruminate why the Congress was in doldrums. “How can he claim Congress to be an alternative to TRS when they both have joined forces for the presidential election and are likely to have an alliance in some form or other for the next elections,” he questioned.
In a separate statement, senior leader Guduru Narayan Reddy said the resignation of Mr. Reddy would lead to political realignment in favour of BJP in TS as “dynasty politics” would not work any more in the country. | https://www.thehindu.com/news/national/telangana/ts-bjp-welcomes-raj-gopal-reddy/article65721496.ece/amp/ | 2022-08-03T14:25:52Z | https://www.thehindu.com/news/national/telangana/ts-bjp-welcomes-raj-gopal-reddy/article65721496.ece/amp/ | false |
Top news of the day: ED seals Young Indian office in National Herald premises; Govt withdraws Personal Data Protection Bill, 2019, and more
August 03, 2022 19:20 ISTThe major news headlines of the day and more.
ED seals Young Indian office in National Herald premises
The temporary seal has been put in order to “preserve the evidence” which could not be collected as authorised representatives were not present during the searches on Tuesday, official sources said. The rest of the National Herald office is open for use, they added. The notice pasted under signature of the ED investigating officer outside the YI office space said it cannot be opened “without prior permission” from the agency.
Parliament proceedings | Govt withdraws Data Protection Bill
The Bill was introduced on December 11, 2019. It was referred to the Joint Committee of the Houses for examination and the report of the committee was presented to the Lok Sabha on December 16, 2021.
Supreme Court suggests ‘dispassionate’ body to resolve freebies issue
The observations from a Bench led by Chief Justice of India N.V. Ramana came even as the Centre said these freebies were paving the way to an “economic disaster” besides “distorting the informed decision of voters”. The Centre, represented by Solicitor General Tushar Mehta, said it “substantially and in principle” supported doing away with the practice of promising freebies to voters.
Eight new faces in West Bengal Cabinet reshuffle
In a major reshuffle of the West Bengal Council of Ministers, eight new MLAs were inducted as ministers in the government headed by Mamata Banerjee. Five new cabinet ministers including Babul Surpiyo were sworn in at Raj Bhawan. The new ministers also included three Ministers of State. The cabinet reshuffle was necessitated after Partha Chatterjee’s arrest and the State government relieving him from the ministerial responsibilities.
The Ministry has advised against sharing linen, bedding or towels with people who have contracted monkeypox and not washing soiled linen or laundry of infected persons with those of non-infected individuals. It added that people should not attend public events if they exhibit symptoms of monkeypox and refrain from stigmatising groups of people based on misinformation.
AAP to support Margaret Alva in vice-presidential poll
The Aam Aadmi Party’s political affairs committee “unanimously” decided to support joint Opposition candidate Margaret Alva after a meeting chaired by its national convenor and Delhi Chief Minister Arvind Kejriwal, AAP’s spokesperson and Rajya Sabha MP Sanjay Singh said.
DMK MP A. Raja demands probe into 5G auction
Former Telecom Minister and DMK MP A. Raja said when compared to 2G, the 5G bandwidth are 10 to 20 times higher in cost and efficiency. “When i recommended only 30 MHz of spectrum to TRAI, the regulatory authority, the then CAG Vinod Rai said ₹ 1.76 lakh crore loss to the Government. But now 51 GHz of 5G spectrum is being sold for less amount” he added.
Nancy Pelosi leaves Taiwan, says U.S. will not abandon the island as China protests
U.S. House Speaker Nancy Pelosi, the first U.S. speaker to visit Taiwan in more than 25 years, courted Beijing’s wrath with the visit and set off more than a week of debate over whether it was a good idea after news of it leaked. In Taipei, she remained calm but defiant. “Today the world faces a choice between democracy and autocracy,” she said in a short speech during a meeting with Taiwanese President Tsai Ing-wen. “America’s determination to preserve democracy, here in Taiwan and around the world, remains ironclad,” she added.
China blocks some Taiwan imports but avoids chip disruptions
Beijing blocked imports of citrus and frozen hairtail and mackerel from Taiwan after top American lawmaker Nancy Pelosi, speaker of the House of Representatives, arrived on the island. China has not disrupted the flow of chips and other industrial components, a step that would send shock waves through the shaky global economy.
Ukraine President Volodymyr Zelenskyy says China must not help Russia
Ukraine President Volodymyr Zelenskyy addressed 21 Australian universities on August 3 in an online discussion hosted by the Australian National University in Canberra. Questioned by a student about China’s stance, Mr. Zelenskyy said he would prefer Beijing join countries including the United States and Australia that have condemned the Russian invasion that began in February.
Zawahiri read alone on balcony, a pattern-of-life intelligence CIA used to kill him
Al-Qaeda leader Ayman al-Zawahiri liked to read alone on the balcony of his Kabul safe house early in the morning, a “pattern-of-life intelligence” that eventually gave American intelligence agencies the chance to carry out a precision strike that killed one of the world’s most wanted terrorists.
Markets bounce back on fag-end buying; log 6th day of gains
In a volatile session, the 30-share BSE benchmark ended 214.17 points or 0.37% higher at 58,350.53. During the day, it hit a high of 58,415.63 and a low of 57,788.78. The broader NSE Nifty went up by 42.70 points or 0.25% to 17,388.15.
Rupee plummets 68 paise to close at 79.21 against U.S. dollar
At the interbank foreign exchange market, the local currency opened lower at 78.70 and fell further to settle at the day’s low of 79.21.
Commonwealth Games 2022 | Weightlifter Lovepreet Singh wins bronze in men’s 109kg
India’s Lovepreet Singh won a bronze in men’s 109 kg to continue the country’s medal rush in weightlifting at the Commonwealth Games in Birmingham on August 3. The 24-year-old from Punjab lifted a total of 355 kg, including a new national record of 192 kg in clean and jerk, to finish third on the podium. He lifted 163kg in snatch. Meanwhile, Indian pugilists Hussamuddin Mohammad and Nitu Ganghas progressed to the semifinals of men’s 57kg and women’s 48kg respectively to assure the country of two more medals.
Indian mixed 4x400m relay team wins silver with Asian junior record in World U20 Athletics
The Indian quartet of Barath Sridhar, Priya Mohan, Kapil and Rupal Chaudhary clocked 3 minutes and 17.67 seconds to finish behind USA (3:17.69) on Tuesday night. The Indian team bettered its own earlier Asian record of 3:19.62 set here a day earlier during the heats. The new timing of 3:17.67 is the second best (in juniors) in the all time list in the event, behind USA’s. | https://www.thehindu.com/news/top-news-of-the-day-august-03-2022-ed-seals-young-indian-office-in-national-herald-premises-govt-withdraws-personal-data-protection-bill-2019-and-more/article65721685.ece/amp/ | 2022-08-03T14:26:04Z | https://www.thehindu.com/news/top-news-of-the-day-august-03-2022-ed-seals-young-indian-office-in-national-herald-premises-govt-withdraws-personal-data-protection-bill-2019-and-more/article65721685.ece/amp/ | false |
HONG KONG and SHANGHAI, Aug. 3, 2022 /PRNewswire/ -- With sustained performance and growth, Ping An Insurance (Group) Company of China, Ltd. (hereafter "Ping An" or the "Group", HKEX: 2318; SSE: 601318) ranked 25th on the 2022 Fortune Global 500 list with its revenue recorded USD199.6 billion in 2021. The Group ranked 4th among global financial enterprises, 7th among the Mainland Chinese enterprises, and maintained 1st place among mixed-ownership Mainland Chinese enterprises.
Other Mainland Chinese enterprises in the top 25 in the 2022 Fortune Global 500 list include State Grid Corporation of China (3rd), China National Petroleum (4th), Sinopec Group (5th), China State Construction Engineering (9th), Industrial and Commercial Bank of China (22nd) and China Construction Bank (24th).
The Fortune Global 500 list is regarded as the most authoritative ranking for the world's biggest companies, measured primarily by annual revenues for fiscal 2021. Given the looming COVID-19 pandemic, the global economy was struggling to recover over the year. The total revenue and the total net profit of the 500 global listed companies this year generated USD37.8 trillion and USD3.1 trillion respectively, setting new highs in the list's history. China (including Hong Kong), with 136, has the most companies on the list. Adding Taiwan, the total for Greater China is 145. For the first time, revenues from Global 5002318 companies in Greater China (including Taiwan) exceeded revenues from U.S. companies on the list, accounting for 31% of the total.
Despite the complex and difficult business environment and market challenges in 2021, Ping An adhered to the philosophy of "Expertise makes life simple" and continued to upgrade the Group's "integrated finance + healthcare" strategy. The Group accelerated the reform of the life insurance business and digital transformation of business management to enhance its capability to serve the real economy and ensure social livelihood while continuing to achieve high-quality development. For the year ending 31 December 2021, Ping An's revenue amounted to RMB1.18 trillion. Operating profit attributable to shareholders of the parent company amounted to RMB147,961 million. Total assets exceeded RMB10 trillion for the first time. In 2021, Ping An served more than 227 million retail customers and more than 647 million internet users.
Ping An maintained stable business growth with its integrated finance strategy. With the development of integrated finance business model of "one customer, multiple products, and one-stop services" and "finance+ ecosystem," Ping An's retail operating profit increased 5.7% year on year to RMB129,996 million in 2021, accounting for 87.9% of its operating profit attributable to shareholders of the parent company. As Ping An advanced its integrated financial business strategy, cross-selling continued to deepen. Nearly 33.01 million customer migrations occurred between the Group's core financial companies in 2021. 89.26 million or 39.3% of retail customers held multiple contracts with different subsidiaries as of December 31, 2021. Contracts per customer grew 1.8% from the beginning of 2021 to 2.81.
Ping An accelerated transformation to promote high quality development. The Life & Health insurance business advanced reform and transformation to pursue high-quality development. In 2021, Life & Health achieved a 32.3% operating ROE with operating profit rising 3.6% year on year to RMB97,075 million. Ping An Life advanced high-quality transformation of the agent team and improved team structure by building a team of "high-competence, high-performing, and high-quality" agents. The agent channel's NBV per agent amounted to RMB39,031 and FYP per agent grew more than 22% year on year in 2021. Ping An P&C further optimized its customer mix and enhanced risk screening with its overall combined ratio improved by 1.1 pps year on year to 98.0% in 2021. Underwriting profit grew 145.7% year on year to RMB 5,136 million. Ping An Bank furthered its strategic transformation and maintained stable business growth. Revenue grew 10.3% year on year to RMB169,383 million in 2021. Net profit rose 25.6% year on year to RMB36,336million. Ping An Bank kept asset quality stable and strengthened risk provisions.
Ping An upgraded healthcare ecosystem strategy to cultivate new growth poles. Ping An upgraded the healthcare ecosystem strategy to build "a Chinese version of UnitedHealth." The Group built a closed loop of supply, demand and payment by developing an innovative managed care model centering on "HMO + family doctor + O2O" to provide customers with worry-free, time-saving, and money-saving healthcare services. Synergies between Ping An's healthcare ecosystem and main financial businesses are emerging. Nearly 63% of Ping An's over 227 million retail customers used services from the healthcare ecosystem. These customers held 3.3 contracts and RMB40,000 in AUM per capita respectively, 1.6 times and 3.0 times those held by customers who did not use these services respectively.
Ping An comprehensively advanced its green finance initiative and promoted sustainable development as a new engine of economic growth. Ping An actively fulfilled social responsibilities to support the sustainable development of society in 2021. The Group cumulatively invested more than RMB5.9 trillion to serve the real economy as of December 31, 2021. Ping An comprehensively advanced its green finance initiative. The green investment and financing and green banking business totaled RMB224,580 million and RMB89,813 million respectively as of December 31, 2021. Environmentally sustainable insurance premium income totaled RMB44,569 million in 2021. Moreover, Ping An devoted itself to rural revitalization. The Group cumulatively provided RMB41,850 million for poverty alleviation and industrial revitalization as of December 31, 2021 by advancing the "Ping An Rural Communities Support."
About Ping An Group
Ping An Insurance (Group) Company of China, Ltd. ("Ping An") strives to become a world-leading retail financial services group. With over 223 million retail customers and nearly 657 million internet users, Ping An is one of the largest financial services companies in the world. Ping An focuses on two over-arching domains of activity, "integrated finance" and "healthcare", covering the provision of financial and health care services through its integrated financial services platform and ecosystems in financial services, healthcare, auto services and smart city services. The "finance + technology" and "finance + ecosystem" strategies aim to provide customers and internet users with innovative and simple products and services using technology. As China's first joint stock insurance company, Ping An is committed to upholding the highest standards of corporate reporting and corporate governance. The Group is listed on the stock exchanges in Hong Kong and Shanghai. Ping An ranked 17th in the Forbes Global 2000 list in 2022 and ranked 25th in the Fortune Global 500 list in 2022.
For more information, please visit www.group.pingan.com and follow us on LinkedIn - PING AN.
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SOURCE Ping An Insurance (Group) Company of China, Ltd. | https://www.wsaz.com/prnewswire/2022/08/03/ping-an-ranks-25th-fortune-global-500-list-1st-among-mixed-ownership-chinese-enterprises/ | 2022-08-03T14:26:09Z | https://www.wsaz.com/prnewswire/2022/08/03/ping-an-ranks-25th-fortune-global-500-list-1st-among-mixed-ownership-chinese-enterprises/ | false |
Self is the dearest of all
The sense of the term ‘Self’ is immersed in misconceptions and is only partially understood owing to its subtle nature. In the text Panchadasi, Vidyaranya takes up the discussion on the verdict of Yagnyavalkya which states that ‘the Self is the dearest of all and hence is most loved.’ The acharya puts forth a few counter-arguments that are likely to be raised against the import of this statement, and these are refuted systematically, pointed out Sri R. Rajagopala Sarma in a discourse.
The opponent’s view draws attention to the kind of selfless love in many who show strong love towards one’s near and dear. If the Atma is most dear, as the sage says, then how is one to account for the possessive love one has towards wife, son, wealth, etc? Parents make many sacrifices for the sake of the son. Family is important and a man spends his whole lifetime and energy to build his wealth so that his wife and family will live in comfort after his death. The opponent also quotes those Sruti Vakhyas such as, ‘the father’s Atma is the son,’ ‘one who bears a son has done what is required of him in this birth,’ ‘one can conquer all with the son,’ etc, that lend support to his stance that the son is more important than the father. So, the Self is secondary to the son, wife, etc, as an object of love.
The acharya replies that the context of the Sruti Vakhyas has to be factored in when interpreting them. The term ‘Self’ is used figuratively in instances when one is compared to a lion or tiger to indicate the person’s courageous nature. The difference between the objects compared is automatically understood. So, the scriptures do not prove the Self to be less important. In fact, the Self is the dearest and more intrinsic than son, wealth, etc and not secondary.
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CHICAGO, Aug. 3, 2022 /PRNewswire/ - For the seventh consecutive year, BMO Harris Bank has received a score of 100 on the Disability Equality Index (DEI) and was named among the Best Places to Work for Disability Inclusion.
"At BMO, our Purpose to Boldly Grow the Good in business and life drives our commitment for a thriving economy, sustainable future, and inclusive society. Our values of integrity, empathy, inclusion, and responsibility enable everyone to feel respected, valued, and heard," said Tracie Morris, U.S. Chief Human Resources Officer and Chief Inclusion Officer, BMO Financial Group. "We are proud to have scored 100 on the DEI benchmarking tool for the seventh consecutive year. BMO is dedicated to eliminating barriers to inclusion by fostering a diverse, equitable, and accessible workplace culture."
The 2022 DEI measured: Culture & Leadership (30 points); Enterprise-Wide Access (10 points); Employment Practices (40 points); Community Engagement (10 points); Supplier Diversity (10 points); and Non-U.S. Operations (not weighted). A total of 415 corporations, including 69 Fortune 100, 188 Fortune 500, and 227 Fortune 1000 firms, utilized the DEI to benchmark their disability inclusion efforts.
"Across industries and sectors, we see more companies moving from accommodating people with disabilities to embracing inclusion as a corporate ESG value," said Jill Houghton, President and CEO, Disability:IN. "Our data suggests the future of inclusion lies in reconfiguring corporate strategy to foster universal belonging."
For more information on the DEI report, or to download a free copy of the report, please visit: https://disabilityin.org/what-we-do/disability-equality-index/2022companies/
About BMO Harris Bank
BMO Harris Bank provides a broad range of personal banking products and solutions through more than 500 branches and fee-free access to over 40,000 ATMs across the United States. BMO Harris Bank's commercial banking team provides a combination of sector expertise, local knowledge and mid-market focus throughout the United States. For more information about BMO Harris Bank, visit the company fact sheet. Accounts are subject to approval. BMO Harris Bank N.A. Member FDIC. BMO Harris Bank is part of BMO Financial Group, a highly diversified financial services provider with total assets of CDN$1.04 trillion as of April 30, 2022.
Web: www.bmo.com Twitter: @BMOmedia
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SOURCE BMO Harris Bank | https://www.valleynewslive.com/prnewswire/2022/08/03/bmo-earns-top-score-disability-equality-index-named-among-best-places-work-disability-inclusion/ | 2022-08-03T14:27:50Z | https://www.valleynewslive.com/prnewswire/2022/08/03/bmo-earns-top-score-disability-equality-index-named-among-best-places-work-disability-inclusion/ | false |
KOHLER, Wis., Aug. 3, 2022 /PRNewswire/ -- Kohler, a global leader in the design and manufacture of kitchen and bath products, expands its line of bathroom faucet offerings with the new Riff Bathroom Faucet Collection. Like its corresponding kitchen collection, the Riff faucets are inspired by the grandeur of French Creole and Spanish Colonial architecture and capture the distinctive beauty of New Orleans and the American South. Its angular shapes paired with bold detailing make a memorable statement in any bathroom.
The Riff Bathroom collection is designed to encourage personalization, as the offerings include different sizes and configurations to customize the space. Riff sink faucets include widespread, centerset, two single-control height options, and one- and two-handle wall-mount styles. The collection also includes bath spouts – both wall- and deck-mount options – a freestanding bath filler and showering components, bringing beauty and functionality to the everyday bathing experience. Add the finishing touches to the space with Riff towel bar and ring, bathrobe hook, toilet paper holder, drawer knobs and pulls, and lighting for a cohesive look.
Riff is available in five different finish options: Polished Chrome, to evoke a nostalgic look; Vibrant Brushed Nickel for a warm appearance; Vibrant Brushed Moderne Brass to add elegance; Vibrant Polished Nickel for a classic look; and Matte Black, for a sophisticated feel. Kohler's faucet finishes resist scratches, corrosion, and tarnishing, ensuring the fittings will make a statement for years to come.
To learn more about the Riff Bathroom Collection, please visit kohler.com.
Founded in 1873 and headquartered in Kohler, Wisconsin, Kohler Co. is one of America's oldest and largest privately held companies comprised of more than 40,000 associates. With more than 50 manufacturing locations worldwide, Kohler is a global leader in the design, innovation and manufacture of kitchen and bath products; luxury cabinetry, tile and lighting; engines, generators, and clean energy solutions; and owner/operator of two, five-star hospitality and golf resort destinations in Kohler, Wisconsin, and St. Andrews, Scotland. Kohler's Whistling Straits golf course recently hosted the 43rd Ryder Cup. The company also develops solutions to address pressing issues, such as clean water and sanitation, for underserved communities around the world to enhance the quality of life for current and future generations. For more details, please visit kohlercompany.com.
Media Contact
Jillian Rosone
Kohler Public Relations
Jillian.rosone@kohler.com
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SOURCE Kohler Co. | https://www.dakotanewsnow.com/prnewswire/2022/08/03/kohler-launches-new-riff-bathroom-faucet-collection/ | 2022-08-03T14:27:56Z | https://www.dakotanewsnow.com/prnewswire/2022/08/03/kohler-launches-new-riff-bathroom-faucet-collection/ | false |
Franchise Business Review Selects Military Veteran Lambie Among Hundreds of Contenders
TROY, Mich., Aug. 3, 2022 /PRNewswire/ -- Ziebart franchisee and military veteran Nick Lambie was named among an exclusive list of 12 Franchise Rock Stars of 2022 by leading industry research firm Franchise Business Review for his outstanding achievements as a Ziebart franchise owner in Morgantown, WV.
For the Franchise Rock Star Awards, Franchise Business Review reviewed over 273 nominations from franchisors in eight categories, including Top Performers, Multi-Unit Owners, Veteran-Owned and Family-Owned, and then narrowed the search by selecting 60 franchisees that defined what it really means to be a Rock Star, including leadership, business acumen, financial and professional success, and contributing to their community. Lambie earned one of the 12 final, coveted spots on the list.
Lambie, who opened his Ziebart franchise in 2019 and recently signed an agreement for his second franchise location in Bridgeport, West Virginia, spent time in the military as an Air Force Weapons Director before deciding to go into franchising. He credits his training as a main component of his leadership style. It made him recognize the importance of paying attention to detail and the importance of fostering a high-performing team. Lambie cares about each and every one of his employees, and truly values their input. He credits a lot of his success to how his team cares for each other and how they are consistently looking for ways to grow.
"Nick exemplifies all of Ziebart's core values of Honesty, Passion, Innovation, Teamwork and Legacy," said Ziebart International Corporation President & Chief Executive Officer, Thomas A. Wolfe. "The leadership skills and attention to detail he learned in the military has definitely transferred over into how he runs his Ziebart business. Nick genuinely cares about his team members and is passionate about providing a seamless and enjoyable experience to all of his customers. Franchise Business Review made an excellent choice in naming him a 2022 Rock Star."
Michelle Rowan, president & COO of Franchise Business Review, noted: "Each year it gets harder and harder to narrow down the list, but the franchisees recognized this year, including Nick Lambie, truly stand out as exceptional examples of achieving success within the franchise model. We are thrilled to recognize these individuals as Franchise Rock Stars."
About Ziebart
Founded in 1959, Ziebart International Corporation is the worldwide leader in premium automotive appearance and protection services that extend the life of vehicles. Ziebart operates over 400 locations, with 1,200 service centers, in 36 countries. Ziebart continues to grow and offers domestic and international franchising opportunities, a best-in-class investment for qualified prospects. For more information about Ziebart including franchise opportunities, please visit www.ziebart.com.
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SOURCE Ziebart | https://www.wsaz.com/prnewswire/2022/08/03/ziebart-franchisee-nick-lambie-earns-spot-prestigious-2022-franchise-rock-star-list/ | 2022-08-03T14:28:37Z | https://www.wsaz.com/prnewswire/2022/08/03/ziebart-franchisee-nick-lambie-earns-spot-prestigious-2022-franchise-rock-star-list/ | false |
The DICK'S Sporting Goods Foundation partners with basketball stars Kahleah Copper, Allie Quigley, and legend Scottie Pippen to support youth athletes; commits $500,000 to DonorsChoose's Equity Focus initiative
CHICAGO, Aug. 3, 2022 /PRNewswire/ -- The DICK'S Sporting Goods Foundation's Sports Matter Giving Truck is making its next stop on August 4 in Chicago, gifting 10,000 youth athletes with sports equipment and hosting over 700 kids for Sports Matter Day. Now on its sixth tour, The Sports Matter Giving Truck inspires and enables youth sports participation by gifting sports equipment kits, hosting team building and goal setting activities, and providing youth athletes an opportunity to try a variety of sports. Basketball legend Scottie Pippen and current stars Kahleah Copper and Allie Quigley are partnering with The DICK'S Foundation to coach, mentor and play with kids at the event.
"Sports Matter Day is one of our proudest initiatives because you can see the tangible impact it has on children and the participating organizations," said Aimee Watters, Executive Director of The DICK'S Sporting Goods Foundation. "Beyond creating an unforgettable experience, Sports Matter Day is foundational to kids' future involvement in sports. The equipment they receive now will empower them to stay involved with the sports they love in the future."
In partnership with Good Sports, The DICK'S Foundation identified 32 youth sports organizations in the Chicago area to provide 10,000 youth athletes with a sports equipment kit including water bottles, apparel, and sports-specific training gear so they can participate in the sport they love most.
While #SportsMatterDay aims to strengthen the bond kids have with athletics, The DICK'S Foundation also recognizes the pivotal role education has in the lives of young student-athletes.
In a commitment to support the "student" pillar of student-athletes, The DICK'S Sporting Goods Foundation is also continuing their partnership with DonorsChoose:
- DonorsChoose: Starting August 4, The DICK'S Sporting Goods Foundation is contributing $500,000 to double donations to every team sports project at Equity Focus Schools, supporting racial equity in school sports. This means, for example, that every $20 donation to qualifying projects will become $40 for those teams in need. Since 2015, The DICK'S Sporting Goods Foundation has partnered with DonorsChoose to help student athletes at more than 5,700 schools across all 50 states stay involved in sports with more than $12.8 million in donations. For more information on the DonorsChoose Equity Focus initiative, please visit DonorsChoose.org/equity-focus.
Since 2014, DICK'S and The DICK'S Sporting Goods Foundation have committed more than $189 million to support young athletes. Sports Matter raises awareness for the youth sports funding crisis as the fight to save youth sports continues across the U.S. The first Sports Matter tour began in 2020 and since then, more than 65,000 gifts of sports equipment has been gifted to youth across the country.
For more information on how your team can apply for funding or to donate to Sports Matter, please visit SportsMatter.org.
About DICK'S Sporting Goods
DICK'S Sporting Goods (NYSE: DKS) creates confidence and excitement by personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in Pittsburgh, the leading omnichannel retailer serves athletes and outdoor enthusiasts in more than 850 DICK'S Sporting Goods, Golf Galaxy, Field & Stream, Public Lands, Going Going Gone! and Warehouse Sale stores, online, and through the DICK'S mobile app. DICK'S also owns and operates DICK'S House of Sport and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile app for scheduling, communications, live scorekeeping and video streaming.
Driven by its belief that sports make people better, DICK'S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK'S business, corporate giving, sustainability efforts and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs and on Facebook, Twitter and Instagram.
About The DICK'S Sporting Goods Foundation
The DICK'S Sporting Goods Foundation is a tax exempt 501(c)(3) nonprofit corporation with a mission to inspire and enable sports participation. It was created by DICK'S Sporting Goods as a private corporate foundation to support DICK'S charitable and philanthropic activities. Driven by its belief that sports make people better, The DICK'S Foundation champions youth sports and provides grants and support to under-resourced teams and athletes through its Sports Matter program and other community-based initiatives. Additional information about The DICK'S Foundation can be found on sportsmatter.org and on Facebook, Twitter and Instagram.
Contact: DICK'S Sporting Goods – press@dcsg.com
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SOURCE DICK’S Sporting Goods, Inc. | https://www.valleynewslive.com/prnewswire/2022/08/03/dicks-sporting-goods-foundation-celebrates-sports-matter-day-chicago-by-donating-equipment-10000-youth-athletes/ | 2022-08-03T14:29:15Z | https://www.valleynewslive.com/prnewswire/2022/08/03/dicks-sporting-goods-foundation-celebrates-sports-matter-day-chicago-by-donating-equipment-10000-youth-athletes/ | true |
How Trump’s hateful speech raises the risks of violence
Is President Donald Trump responsible, in some sense, for the mailing of bombs to Hillary Clinton and other Democratic leaders? Is he responsible, in some sense, for the slaughter at the Pittsburgh synagogue?
If we are speaking in terms of causation, the most reasonable answer to both questions, and the safest, is: We don’t really know. More specifically, we don’t know whether these particular crimes would have occurred in the absence of Trump’s hateful and vicious rhetoric (including his enthusiasm for the despicable cry, “Lock her up!”).
But it’s also safe, and plenty reasonable, to insist that across the American population, hateful and vicious rhetoric from the president of the United States is bound to increase risks of violence. Because of that rhetoric, the likelihood of this kind of violence is greater than it would otherwise be. The president is responsible for elevating the risk that people will try to kill Democrats and others seen by some of his followers as “enemies of the people” (including journalists and Jews).
To see why, we should investigate one of the most striking findings in modern social psychology that has been replicated on dozens of occasions. It goes by the name of “group polarization.”
The basic idea is that when people are listening and talking to one another, they tend to end up in a more extreme position in the same direction of the views with which they began. Groups of like-minded people can become radicalized.
A little over a decade ago, I was involved in a study of group polarization in politics. We asked left-of-center groups to deliberate about three issues: same-sex unions, climate change and affirmative action. We asked right-of-center groups to do the same thing.
The results were straightforward. On all three issues, the left-wing groups ended up marching to the left, and the right-wing groups ended up marching to the right.
Trump is a one-man group polarization machine. At his speeches and online, he convenes like-minded people and gets them enraged. Those who criticize him are not critics; they are enemies.
If the president says that Hillary Clinton committed a crime, it is only natural for members of his audience, listening and talking with one another, to conclude that she should be locked up. And if “Lock her up!” becomes a standard cry, it is inevitable that some will progress to, “Kill her.”
Indeed they have, not only privately but also in public. For example, New Hampshire State Representative Al Baldasaro, a Trump supporter, said in a radio interview that “Clinton should be put in the firing line and shot for treason.” Roger Stone, a Trump adviser, tweeted, “Hillary must be brought to justice - arrested, tried and executed for murder.”
If people are talking that way, there is an elevated risk that sooner or later, someone is actually going to try to kill her - and others whom the president treats as enemies of the people.
The problem is compounded by the contrast between the president’s demeanor in two different situations: when he is speaking of national unity and when he is on the attack against his supposed enemies.
When he speaks of unity, he seems scripted and insincere. He reads from a text. He is working. When he is on the attack, he is in his element. He needs no text. He is having fun. Everyone can see that.
Responding to the possible connection between Trump’s despicable rhetoric and the recent crimes, some Republicans have been engaging in a form of “whataboutism,” pointing to what they see as abhorrent words and actions from Democrats. Let’s assume (in my view wrongly) that some Democrats have been equally willing to speak in an incendiary way.
So what? This is not some kind of competition. The question is not who started it or who’s worse. The question is whether the president of the United States has been elevating the risk of murder. The answer is clear: Absolutely.
Cass R. Sunstein is a Bloomberg Opinion columnist. He is the author of “The Cost-Benefit Revolution” and co-author of “Nudge: Improving Decisions About Health, Wealth and Happiness.” | https://www.newsday.com/opinion/commentary/how-trump-s-hateful-speech-raises-the-risks-of-violence-j90060 | 2022-08-03T14:29:17Z | https://www.newsday.com/opinion/commentary/how-trump-s-hateful-speech-raises-the-risks-of-violence-j90060 | false |
NEW YORK (AP) — Five high school students have received a prize that will enable them to share their passion for poetry in their communities and beyond, while receiving a $5,000 cash award.
Students from New York City to Sante Fe, New Mexico have been named National Student Poets, an honor presented by the National Student Poets Program. They will serve 1-year terms as “poetry ambassadors,” giving talks and presiding over workshops and other programs.
The poets are 10th and 11th graders chosen from five regions out of a pool of some 22,000 applicants around the U.S. They are Vidhatrie Keetha (Northeast) from the Horace Mann School in New York City, Emily Igwike (Midwest) from the University School of Milwaukee, Winslow Hastie, Jr. (Southeast) from the Charleston County School of the Arts in North Charleston, South Carolina; Jessie Begay (Southwest) from the New Mexico School for the Arts in Santa Fe, and Diane Sun (West) from Interlake High School in Bellevue, Washington.
The director of the Institute of Museum and Library Services, Crosby Kemper, will formally appoint the student poets during a Sept. 27 ceremony at the Planet Word Museum in Washington, D.C. Poet Naomi Shihab Nye will be the keynote speaker.
“Poetry is for the soul. Our five young National Student Poets display plenty of that in their passionate work," Kemper said in a statement Wednesday. “As they help lead us out of our long bout with the pandemic they will provide balm for our distresses and delight for our hearts.”
The decade-old National Student Poets Program is a partnership including the Institute of Museum and Library Services and the Alliance for Young Artists & Writers, which manages the Scholastic Art & Writing Awards. Awards jurors this year included former U.S. poet laureate Juan Felipe Herrera and poet Edward Hirsch. | https://www.seattlepi.com/news/article/5-high-school-students-to-serve-as-National-17347929.php | 2022-08-03T14:30:03Z | https://www.seattlepi.com/news/article/5-high-school-students-to-serve-as-National-17347929.php | false |
NEW DELHI: At least 112 women have been hospitalised after a gas leak at an apparel manufacturing plant in India, police said Wednesday.
The workers complained of nausea and vomiting at a plant in the Atchyutapuram district of the southern state of Andhra Pradesh on Tuesday night.
“The women are all stable. There are no deaths. Investigations are going on,“ senior police official M. Upendra told AFP.
The hospitalisations follow a similar accident in June when around 200 women fell unconscious after a gas leak in the same area, broadcaster NDTV reported.
In 2020, at least five people were killed and hundreds were hospitalised after a gas leak at a chemical plant in Visakhapatnam, an industrial port city in the same state.
In 1984, India witnessed one of its worst industrial disasters in history when gas leaked from a pesticide plant in Bhopal, a city in central India.
Around 3,500 people living around the plant operated by Union Carbide died in the days that followed the leak. People continue to suffer the effects of it to this day.
Children are still born disfigured, with webbed feet and hands, and stunted growth because of the gas that affected their mothers. - AFP | https://www.thesundaily.my/world/112-hospitalised-in-india-industrial-gas-leak-LM9538580 | 2022-08-03T14:30:54Z | https://www.thesundaily.my/world/112-hospitalised-in-india-industrial-gas-leak-LM9538580 | false |
ST. LOUIS (AP) — The climate deal reached last week by Senate Democrats could reduce the amount of greenhouse gases that American farmers produce by expanding programs that help accumulate carbon in soil, fund climate-focused research and lower the abundant methane emissions that come from cows.
The bill includes more than $20 billion to improve the agriculture sector’s impact on the environment, mostly by expanding existing U.S. Department of Agriculture programs that help farmers change to better practices. Farmers would be paid to improve the health of their soil, withstand extreme weather and protect their land if the bill is enacted.
The roughly $370 billion climate and energy spending deal would bring the country closer to cutting greenhouse gas emissions in half by 2030, according to new analyses. That is something many scientists say is important, and that President Joe Biden promised. Sen. Joe Manchin, D-W. Va., a long-time holdout on climate legislation, endorsed measures that would benefit electric vehicles, renewable energy and climate-friendly farming. Agriculture is responsible for 11% of the country's climate-warming emissions.
The funding would expand programs favored by both environmental groups and the agricultural sector, said Ben Thomas, who focuses on agriculture at the Environmental Defense Fund.
“They are voluntary, they are incentive-based, they get results in terms of implementing conservation practices on working lands,” said Thomas. “It’s great to see.”
Thomas said historically, the agricultural sector has not aggressively tackled its contribution to climate change, but that hesitation has shifted in recent years and more money will accelerate progress. There's a lot of potential, he said.
“It is worth taking very, very seriously,” Thomas said.
Cows belch an enormous amount of methane and agriculture is responsible for more than one-third of human-caused methane emissions, according to the U.S. Environmental Protection Agency. This is a way that people's diets — if they are high in meat or dairy — contribute to greenhouse gas buildup. The bill directs funds towards altering what cows eat to reduce those emissions.
On farms, soil can hold or sequester carbon if it is left undisturbed and covered by a crop. Money from the bill will expand programs that help farmers turn their soil less, implement climate-friendly crop rotation practices and plant cover crops that aren’t for harvest but improve soil health.
“The historic funding validates the fact that these practices are important,” said Ranjani Prabhakar, an agriculture and climate policy specialist at the environmental group Earthjustice
Cover crops, for example, are only used by a fraction of farmers. If their use were to triple — from around 5% of cropland to 15% — it could remove the equivalent of 14 megatons of carbon dioxide per year, roughly the total annual emissions of New Hampshire, according to Kevin Karl, a flood food and climate researcher at Columbia University.
“The adoption rate is so low,” Karl said. “There’s a lot of potential improvement.”
Federal officials already offer farmers help with a variety of environmentally-focused issues including irrigation and fertilizer use. One program helps fund conservation easements for agricultural land.
Dan Sheafer works on nitrogen research with the Illinois Fertilizer and Chemical Association and operates a 20-acre farm. He plants cover crops and keeps soil disturbance to a minimum — practices that benefit soil health and reduce soil erosion. But he said cover crops also have drawbacks, requiring farmers who want an environmental benefit to change their practices.
“There's just more time involved with doing cover crops,” he said.
The bill also includes money for research. While it is clear that managing soil properly can capture carbon, more needs to be known about important questions like how long sequestered carbon stays in soil.
Kaiyu Guan, a professor focused on climate and agriculture at the University of Illinois at Urbana Champaign, said some people believe farmers don’t pay enough attention to climate change.
“I think farmers shouldn’t be blamed, they actually should be incentivized,” Guan said. “Not only are they doing this to be part of the solution to help the climate, they are doing this to help their land."
The Associated Press receives support from the Walton Family Foundation for coverage of water and environmental policy. The AP is solely responsible for all content. For all of AP’s environmental coverage, visit https://apnews.com/hub/climate-and-environment | https://www.seattlepi.com/news/article/How-the-climate-deal-would-help-farmers-aid-the-17348064.php | 2022-08-03T14:31:11Z | https://www.seattlepi.com/news/article/How-the-climate-deal-would-help-farmers-aid-the-17348064.php | false |
MONTGOMERY, Ohio (WDTN) — Montgomery County parents will have the opportunity to get their driver’s license reinstated during Child Support Awareness Month.
All month long, those who have had their licenses suspended due to non-payment of child support have the opportunity to get it reinstated, according to Montgomery County.
The county said in order to get their license reinstated, they have to pay one month of back support instead of the standard three months. The opportunity is not meant to be considered debt forgiveness, but a way for parents to reengage and help with driving and earning capabilities for the sake of their children.
More than 55,000 children in Montgomery County benefit from Ohio’s child support system each year, said the county.
For assistance, parents can call 937-225-4058 Monday through Friday from 8:30 a.m. to 4:30 p.m. | https://www.wdtn.com/news/local-news/license-reinstatement-available-during-child-support-awareness-month/ | 2022-08-03T14:31:13Z | https://www.wdtn.com/news/local-news/license-reinstatement-available-during-child-support-awareness-month/ | true |
4-day students head back to school in Beauregard Parish
Merryville, LA (KPLC) - Students are heading back to some schools in Beauregard Parish today, Aug. 3, 2022.
Schools operating on a 4-day schedule, like those in Merryville and Singer, are opening back up today for the first day of class.
COVID Policy
This year, schools are hoping to keep COVID numbers down this year. While students do not need to be vaccinated, schools will be following state COVID guidelines which include:
- More frequent hand-washing and sanitation
- Social distancing
- Masks are currently optional for students but are encouraged for times when social distancing is not possible
- Students must stay home if they are showing any signs or symptoms of COVID
Some students will automatically be receiving free lunches this year as well. Specifically in Beauregard Parish, if your child is not receiving a free or reduced price for their lunch, you can apply HERE.
In Beauregard Parish, the dress code for schools has not changed.
Beauregard Schools Fully Staffed
While most industries are struggling with staffing at the moment, the Beauregard school system says it is fully staffed and ready to start the school year off right.
The school system says it works closely with local colleges and universities to make sure they can hire prospective teachers and recruit school staff all year.
Beauregard Parish says it also takes good care of its teachers with mentor and professional development programs.
Teachers have been preparing for this school year since June and have been working with students over the summer who had gaps in their learning due to the pandemic and hurricanes.
Curriculum and Safety Changes
The Beauregard school system says there has been a number of changes to its curriculum.
There have been improvements to ELA, Science, Math, and the EL program.
Schools will be pushing students to dive deep into reading and working to fill any gaps in learning they might have had due to the pandemic and hurricanes.
The parish also spent the summer touring schools to make sure their facilities are secure. Between buzz-through doors, fencing, and window shading, students will be even safer this year. However, they will continue to make safety improvements as the year goes on.
As the school year moves forward, parents can also expect schools to test law enforcement response times to see what can be improved.
School Improvements
Following improvements budgeted in 2019, the Beauregard Parish School System is currently working on improvements for its schools including a new cafeteria in Merryville.
The old school cafeteria has been in service since the 1960′s and staff are looking forward to the new and improved building which will also host a new administration area.
Safety was also a concern as the schools look to improve their facilities. Over the summer the parish’s safety supervisor, board members, principals, and the superintendent Tim Cooley surveyed every school in the parish to see what areas needed to be improved.
Some of the schools already have some of the improvements like updated buzz-through doors, shaded windows, and fencing. But others are still in the process of being updated.
Superintendent Cooley says 2022 marks the first year in a couple of years that schools will be able to simply move forward with educating children without having to worry about major disruptions and he says they couldn’t be happier.
Back to School Gallery
You can submit your back-to-school photos to our gallery here:
Copyright 2022 KPLC. All rights reserved. | https://www.kalb.com/2022/08/03/4-day-students-head-back-school-beauregard-parish/ | 2022-08-03T14:31:19Z | https://www.kalb.com/2022/08/03/4-day-students-head-back-school-beauregard-parish/ | true |
APOSTOLOVE, Ukraine — In a battered building surrounded by an iron fence and an overgrown garden, an aide offers tea while we wait to meet Col. Serhiy Shatalov. Just 29 years old, Shatalov leads the 98th Infantry Battalion, which is pushing south toward Russian-occupied Kherson, part of Ukraine's first major counteroffensive of the war.
His force is made up of roughly 600 men, many of them civilians just a few months ago. Shatalov, a stocky man with a couple days' growth beard and close-cropped black hair, is wearing simple combat fatigues.
"They are 11 kilometers away," he says, referring to the Russian soldiers — about 7 miles.
They'd been closer, threatening the outskirts of this half-abandoned industrial town. But Shatalov's men had steadily pushed them back over several weeks of hard fighting across a maze of farm fields, rivers, villages and old industrial sites.
Speaking to Ukrainian media, Ukraine's Security Council Secretary Oleksiy Danilov said Russia has already been forced to redeploy troops to the Kherson area in order to hold the city. Britain's Defense Ministry, meanwhile, issued an intelligence report confirming Ukraine had used long-range artillery provided by the West to threaten key bridges used by Russia to supply their defending troops.
"This is war," Shatalov says. "You cannot predict nothing, absolutely nothing."
Retaking Kherson would be "a good revenge"
Victory here is far from certain, but Ukrainian officials have said they could retake Kherson as early as September. It's an important transport hub with a bridge crossing the Dnipro River near the Black Sea.
"We are advanced already," Shatalov says, speaking rough but practicable English. "The area I'm operating in is very hard, it's open ground with small forests. The enemy can detect you very well, so it's tricky sometimes."
His troops still face fierce opposition. As Shatalov speaks, he is interrupted regularly by air raid sirens and by the rumble of Russian tanks firing salvos in the distance.
Liberating Kherson would be the biggest victory for Ukraine's army since it broke the siege of Kyiv. It also would be a major embarrassment for Moscow and Russian President Vladimir Putin.
"Ukraine's counteroffensive in Kherson is gathering momentum," British officials concluded. "The most politically significant population center occupied by Russia is now virtually cut off from the other occupied territories."
According to Shatalov, Russia is attempting to hold the territory it occupied in the south using a mix of troops.
"Sometimes we encounter real strong guys, airborne guys," he says.
But other times, by his account, Russian units are disorganized, poorly trained, showing low morale or appearing to be frightened.
Shatalov acknowledges his own troops are also a mix of experienced combat infantry, some weary after months of fighting, serving alongside new recruits. But he says Ukrainian morale remains high.
"When we lost some guys, everybody including me felt not very well," Shatalov says, referring to casualties suffered by his battalion. "But after that, we realize it's war. It made my guys angry and [we want to] provide a good revenge for them."
With the help of U.S. training, Ukraine's officers hope to out-lead the Russians
The U.S. and other Western countries are counting on officers like Shatalov to give Ukraine a crucial edge in this war.
Despite many setbacks and humiliations, Russia still fields one of the largest armies in the world with a sizable advantage in artillery and tanks. Ukraine is still often outmanned and outgunned.
But Ukraine has military leaders trained by the U.S. Army under a Western style of command. It's widely seen by military experts as more nimble and proactive than the bureaucratic, Soviet-era style of leadership used by the Russian army
A report in June by the Center for Strategic and International Studies found that "poor leadership within the Russian army and a highly centralized Russian command and control structure" contributed to Russia's struggles in Ukraine.
Shatalov, by contrast, just returned from a training course for Ukrainian officers in Virginia. He's convinced that education is a game-changer. "A [battalion] commander like me, I can provide my decision [quickly]," he says. "I can decide what my guys [are] supposed to be doing right now, not waiting for a special order."
But he acknowledges retaking Kherson will be costly and says the fight will become harder in the days and weeks ahead. He notes his troops are pushing deeper into towns and villages where many civilians are ethnic Russians.
"Mostly pro-Russian," he says, noting that his soldiers have been given strict instructions: "Do not talk to anybody."
He compares the environment in southern Ukraine to the U.S. war in Vietnam, where it was often impossible to tell friend from enemy.
Given the many challenges that remain, Shatalov declines to say how long he believes it will take to liberate Kherson.
"I do not know, to be honest. I was thinking at first it was going to be very fast. But now it's like absolutely unpredictable," he says.
For a soldier still in his late 20s, leading troops in a grinding ground war is also a heavy personal burden. He's seen his men die and suffer terrible wounds.
"It is very hard for me, very hard to make the decisions," Shatalov says. "But it's [for] something higher, this commitment for the Ukrainian people."
After a pause, he says: "I can be killed also. I have no insurance and nobody has."
Polina Lytvynova contributed to this report.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.iowapublicradio.org/news-from-npr/2022-08-03/a-young-officer-hopes-to-turn-the-tide-of-war-as-ukraine-fights-to-retake-a-key-city | 2022-08-03T14:31:26Z | https://www.iowapublicradio.org/news-from-npr/2022-08-03/a-young-officer-hopes-to-turn-the-tide-of-war-as-ukraine-fights-to-retake-a-key-city | false |
In the history of the U.S. Supreme Court, the names of just a few justices are linked with a single very famous--or infamous--decision. Chief Justice John Marshall for his 1803 decision declaring that the courts have the power to strike down laws that violate the constitution; Chief Justice Roger Taney for the infamous decision in the Dred Scott case, declaring that no African American, enslaved or free, could be a citizen of the United states, a decision that led in part to the Civil War; Chief Justice Earl Warren for his 1954 decision declaring segregation in public schools unconstitutional. And now, the name of Samuel Alito is indelibly linked with the court's opinion overturning a half century's worth of decisions declaring that women have a right to abortion.
Alito, unlike Marshall, Taney and Warren, is not chief justice, and he may be little known to the public generally. But he has played a key role on the court, often leading the conservative charge not just on abortion, but for expanded religious rights, against LGBTQ rights, against expanded voting rights, against labor unions, for the death penalty, and more.
The workhorse of the right
Indeed, within a short time of replacing the more moderate Justice Sandra Day O'Connor in 2006, he became something of the workhorse of the right.
On contraception, for instance, he wrote the court's 5-to-4 decision, declaring that closely held, for-profit corporations could refuse, on religious grounds, to comply with a federal law that required employer insurance policies to cover contraception for their employees.
"This court has said time and again that we have no business judging whether any sincere religious belief is valid or reasonable and it would be dangerous if we started down that road," he said in announcing his opinion from the bench in 2014.
He wrote the court's 2010 decision striking down state bans on handguns in the home, declaring the "right to keep and bear arms is implicit in our understanding of ordered liberty and is deeply rooted in the traditions of our country."
He wrote the court's 2007 decision declaring that victims of race and sex discrimination on the job could only recover damages dating back 180 days after filing suit, as opposed to when the discrimination began. Congress promptly rebuked the court, amending the anti-discrimination statute to make clear that damages and back pay are to be paid from the date the discrimination begins.
In death penalty cases, Alito has been impatient with attempts to limit capital punishment, in one case writing that any death row inmate who challenges the state's execution method as cruel and unusual punishment, must now come up with an alternative method.
In voting rights cases, he has repeatedly sided with state laws that make it more difficult for people to vote. As he wrote in a 2021 opinion, "Mere inconvenience cannot be enough to demonstrate a violation" of the Voting Rights Act.
One special Alito crusade focused on public employee labor unions. In particular, he took aim at a 40-year-old Supreme Court decision that upheld the rights of unions to collect fees from non-union members, as long as the fees were used only for collective bargaining and other non-political activities that benefitted all workers, union and non-union alike. The idea was to prevent non-union workers from being "free-riders" on the backs of the union. But in 2018, Alito, after whittling away at the precedent for more than a decade, even repeatedly inviting challenges, finally managed to overturn it. The First Amendment right of free speech, he said, includes the right not to speak or support a union in any way. "Nonunion members are not free riders at all," he said. "They are captive riders."
The overturning of Roe
Few issues appear to rankle Alito as much as those that directly or indirectly involve religion, and perhaps not incidentally, the modern culture war. As he put it in a July speech, There is a "growing hostility to religion or at least the traditional religious beliefs that are contrary to the new moral code that is ascendant in some sectors."
The Dobbs decision overturning Roe was his exegesis on abortion and constitutional interpretation. There is no audio of his opinion announcement because the court conveniently abandoned the longtime tradition of these announcements at the height of the epidemic and thereafter, prompting an increasing wave of criticism.
But as Alito explained in his written abortion opinion, the Supreme Court's Roe decision and the decisions that followed, had to be overruled because Roe was "egregiously wrong," the arguments for it "exceptionally weak," and because there was no history or tradition of abortion at the time of the founding or thereafter. There was no evidence, said Alito, "zero," that supported such a right.
Many on the political right hailed the decision as "brilliant," and an example of Alito's approach to the law. "He is not a partisan," said one former Alito clerk. "He just believes that the law is based on rules and rules are rules, regardless of politics."
'He's able to succeed'
Liberal Yale law professor Akhil Amar defends Alito too, maintaining that the justice succeeds by staying within the lines and not overreaching. "He's quiet. He's able to succeed," says Amar.
But others, including some conservatives, disagree. Among them is Sarah Isgur, a former official in the Trump Justice Department, who at one time was a leading member of the conservative Federalist Society. She says the Alito opinion fails the critical test of persuasion because it speaks only to those who agree with him.
"When you have a court that is 6-3 on so many different types of opinions, you can end up with a feeling there there are permanent winners and losers," she says. "And the court when it writes, it needs to write more persuasively to the people who might feel like they're permanent losers."
The question, at this point, she adds, is not whether Roe was correctly decided, but, "Do you overturn a precedent that has been on the books for 50 years--the most famous case probably to most Americans in the country, and it's not even close."
Cornell Constitutional law professor Michael Dorf is more pointed, calling the opinion, "dishonest" because it "so selectively cites history" to argue just one side of a case.
"The judge is supposed to look at it from a more balanced perspective, and that's not what Justice Alito does," Dorf says. "One wonders how so many prior justices, a majority of whom were appointed by Republican presidents, could have found a right to abortion in the constitution and then reaffirmed that right. There's a kind of arrogance to the opinion in the way it proceeds in a one-sided manner."
Isgur adds that Alito's assurances ring hollow when he contends at the end of his opinion that the Dobbs case should not cast doubt on other precedents based on the same reasoning as Roe-- the same-sex marriage opinion, or opinions guaranteeing the right to access contraception, for instance.
That may be, but Alito is part of a court, that, as Chief Justice John Roberts observed in the Dobbs case, is displaying "a relentless freedom from doubt on legal issues."
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wlrn.org/news/2022-08-03/samuel-alito-a-workhorse-on-the-supreme-court-shapes-its-conservative-path | 2022-08-03T14:32:04Z | https://www.wlrn.org/news/2022-08-03/samuel-alito-a-workhorse-on-the-supreme-court-shapes-its-conservative-path | true |
BELLEVUE, Wash., Aug. 3, 2022 /PRNewswire/ -- Accelalpha announced today that it has completed its strategic merger with Frontera Consulting. The merger expands the reach of both firms' complementary Oracle Cloud consulting offerings, while broadening their solution delivery capability and industry expertise to provide more extensive solutions to our customers.
Both companies enjoy an impressive reputation for successfully completing some of the most complicated Oracle Cloud application deployments. Together, Accelalpha and Frontera will deliver integrated multi-pillar solutions including Oracle ERP, EPM, PPM, HCM, CX, SCM, WMS, OTM, and GTM to implement Oracle's full range of cloud applications for our customers. This strategic merger brings together a significant customer base with over 400 clients and more than 500 Oracle Cloud implementations.
Frontera brings deep industry-focused offerings in Financial Services, Professional Services, Public Sector, Telecommunications, and Media & Entertainment, as well as decades of experience and a great reputation for client-focus. Frontera was one of the early adopters of Oracle Cloud applications, implementing the first ever Fusion Financials client in North America, and more than 200 successful Oracle Cloud projects since 2014. Their people are certified for Oracle ERP, EPM, PPM, HCM, and SCM, as well as Oracle Integration Cloud. Frontera has offices in New York and London, expanding the geographic reach of the combined company.
Nat Ganesh, Accelalpha CEO, said, "Accelalpha's merger with Frontera bolsters our market leadership as an organization that can implement, integrate, and manage all of the Oracle Cloud applications end-to-end to deliver comprehensive digital transformation solutions for our clients while expanding our global reach."
Kevin Beyer, Frontera Consulting Managing Partner, will continue to lead the Frontera operating unit within the Accelalpha family. Beyer said, "The combined organization of Frontera and Accelalpha creates a leading global consulting service provider with the ability to deliver a broader set of Oracle Cloud solutions and a depth of targeted industry knowledge. The two companies are a solid fit, geographically, technically, and culturally."
Together, the combined company will enjoy unrivaled depth and breadth of capability to deliver high-value, industry-specific integrated solutions to its clients worldwide.
Accelalpha is a leader in solving critical business challenges through a unique combination of industry insight, technology depth, and a world-class team with an unmatched level of experience and domain expertise. Accelalpha leverages its expertise in end-to-end enterprise solution implementations to help companies build integrated logistic capabilities, optimize sales processes, modernize the supply chain, and realize benefits of the cloud. Our rigorous, result-oriented approach to developing solutions allows us to deliver tangible results in a shorter time frame. Accelalpha is recognized by Fortune as a best small and medium workplace and certified as a great place to work. For more information on Accelalpha, please visit www.accelalpha.com.
Frontera Consulting is a leading provider of business and technology consulting services to global organizations. Collaborating closely with our clients, we create transformational solutions to meet business needs and drive performance. Our mission is to create long-lasting value for our clients through the innovative use of technology and process expertise, earning the role of trusted advisor. Frontera is headquartered in New York, with operations in London and Hong Kong, and a development center in India.
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The DICK'S Sporting Goods Foundation partners with basketball stars Kahleah Copper, Allie Quigley, and legend Scottie Pippen to support youth athletes; commits $500,000 to DonorsChoose's Equity Focus initiative
CHICAGO, Aug. 3, 2022 /PRNewswire/ -- The DICK'S Sporting Goods Foundation's Sports Matter Giving Truck is making its next stop on August 4 in Chicago, gifting 10,000 youth athletes with sports equipment and hosting over 700 kids for Sports Matter Day. Now on its sixth tour, The Sports Matter Giving Truck inspires and enables youth sports participation by gifting sports equipment kits, hosting team building and goal setting activities, and providing youth athletes an opportunity to try a variety of sports. Basketball legend Scottie Pippen and current stars Kahleah Copper and Allie Quigley are partnering with The DICK'S Foundation to coach, mentor and play with kids at the event.
"Sports Matter Day is one of our proudest initiatives because you can see the tangible impact it has on children and the participating organizations," said Aimee Watters, Executive Director of The DICK'S Sporting Goods Foundation. "Beyond creating an unforgettable experience, Sports Matter Day is foundational to kids' future involvement in sports. The equipment they receive now will empower them to stay involved with the sports they love in the future."
In partnership with Good Sports, The DICK'S Foundation identified 32 youth sports organizations in the Chicago area to provide 10,000 youth athletes with a sports equipment kit including water bottles, apparel, and sports-specific training gear so they can participate in the sport they love most.
While #SportsMatterDay aims to strengthen the bond kids have with athletics, The DICK'S Foundation also recognizes the pivotal role education has in the lives of young student-athletes.
In a commitment to support the "student" pillar of student-athletes, The DICK'S Sporting Goods Foundation is also continuing their partnership with DonorsChoose:
- DonorsChoose: Starting August 4, The DICK'S Sporting Goods Foundation is contributing $500,000 to double donations to every team sports project at Equity Focus Schools, supporting racial equity in school sports. This means, for example, that every $20 donation to qualifying projects will become $40 for those teams in need. Since 2015, The DICK'S Sporting Goods Foundation has partnered with DonorsChoose to help student athletes at more than 5,700 schools across all 50 states stay involved in sports with more than $12.8 million in donations. For more information on the DonorsChoose Equity Focus initiative, please visit DonorsChoose.org/equity-focus.
Since 2014, DICK'S and The DICK'S Sporting Goods Foundation have committed more than $189 million to support young athletes. Sports Matter raises awareness for the youth sports funding crisis as the fight to save youth sports continues across the U.S. The first Sports Matter tour began in 2020 and since then, more than 65,000 gifts of sports equipment has been gifted to youth across the country.
For more information on how your team can apply for funding or to donate to Sports Matter, please visit SportsMatter.org.
About DICK'S Sporting Goods
DICK'S Sporting Goods (NYSE: DKS) creates confidence and excitement by personally equipping all athletes to achieve their dreams. Founded in 1948 and headquartered in Pittsburgh, the leading omnichannel retailer serves athletes and outdoor enthusiasts in more than 850 DICK'S Sporting Goods, Golf Galaxy, Field & Stream, Public Lands, Going Going Gone! and Warehouse Sale stores, online, and through the DICK'S mobile app. DICK'S also owns and operates DICK'S House of Sport and Golf Galaxy Performance Center, as well as GameChanger, a youth sports mobile app for scheduling, communications, live scorekeeping and video streaming.
Driven by its belief that sports make people better, DICK'S has been a longtime champion for youth sports and, together with its Foundation, has donated millions of dollars to support under-resourced teams and athletes through the Sports Matter program and other community-based initiatives. Additional information about DICK'S business, corporate giving, sustainability efforts and employment opportunities can be found on dicks.com, investors.dicks.com, sportsmatter.org, dickssportinggoods.jobs and on Facebook, Twitter and Instagram.
About The DICK'S Sporting Goods Foundation
The DICK'S Sporting Goods Foundation is a tax exempt 501(c)(3) nonprofit corporation with a mission to inspire and enable sports participation. It was created by DICK'S Sporting Goods as a private corporate foundation to support DICK'S charitable and philanthropic activities. Driven by its belief that sports make people better, The DICK'S Foundation champions youth sports and provides grants and support to under-resourced teams and athletes through its Sports Matter program and other community-based initiatives. Additional information about The DICK'S Foundation can be found on sportsmatter.org and on Facebook, Twitter and Instagram.
Contact: DICK'S Sporting Goods – press@dcsg.com
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MINNEAPOLIS, Aug. 3, 2022 /PRNewswire/ -- Smiths Medical issued an Urgent Medical Device Correction Letter to notify affected customers of a potential issue with specific Level 1® H-2 Pressure Chambers used with the Level 1 Fast Flow Fluid Warmers.
In 2015, Smiths Medical implemented a design change to widen the hinge/latch assembly on the Level 1 H-2 Pressure Chambers used with the Level 1 Fast Flow Fluid Warmers (Models H-1025 or H-1200) or added it to the H-1000 model. The company has become aware that Level 1 H-2 Pressure Chambers with the wider hinge/latch assembly can potentially impact the pressure exerted onto the IV fluid bag while contained within the pressure chamber, which may result in decreased flow rate, stopped flow, or residual fluid left within the IV bag.
Affected product was distributed in the United States between December 19, 2016, and March 10, 2022. However, all Level 1 H-2 Pressure Chamber devices have the potential to be affected by this issue, because some devices may have received a hinge/latch replacement during that timeframe. Level 1 H-2 Pressure chambers with the wide hinge/latch assembly are more susceptible to this issue in the following scenarios:
- kinked tubing on the disposable administration sets
- use of the lowest flow rate disposables (DI-50, D-70, or DI-70) when delivering viscous fluids such as chilled blood from 300 mL or smaller IV bags
Decreased flow rate, stopped flow, or residual fluid left within the IV bag could result in under-delivery or delay of therapy, leading to potential inadvertent hypothermia, hypovolemia, and/or hypotension which may lead to serious injury and death.
Smiths Medical has sent all affected customers and distributors a letter outlining the risk and providing specific steps to determine whether their devices are affected or not and what steps to follow if they have affected product in service. A copy of that letter can be found here.
For further inquiries, please contact Smith Medical using the information provided below.
The U.S. Food and Drug Administration (FDA) has been notified of this action.
Adverse reactions or quality problems experienced with this product may be reported to the FDA's MedWatch Adverse Event Reporting program either online, by regular mail, or by fax.
- Complete and submit the report Online: www.fda.gov/medwatch/report.htm
- Regular Mail or Fax: Download form www.fda.gov/MedWatch/getforms.htm or call 1-800-332-1088 to request a reporting form, then complete and return to the address on the pre-addressed form, or submit by fax to 1-800-FDA-0178
Media Contact:
Tom McCall
949-366-4368
tom.mccall@icumed.com
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SOURCE Smiths Medical | https://www.valleynewslive.com/prnewswire/2022/08/03/smiths-medical-issues-urgent-medical-device-correction-letter-notifying-customers-potential-issue-with-level-1-h-2-pressure-chambers-used-with-level-1-fast-fluid-flow-fluid-warmers/ | 2022-08-03T14:35:20Z | https://www.valleynewslive.com/prnewswire/2022/08/03/smiths-medical-issues-urgent-medical-device-correction-letter-notifying-customers-potential-issue-with-level-1-h-2-pressure-chambers-used-with-level-1-fast-fluid-flow-fluid-warmers/ | false |
Data from the Home Office shows 30 officers have been dismissed from the force since April 2017 – including five in the year to March.
The figures refer to officers who were made redundant, have been made to resign, or have had their contracts terminated – including any asked to leave the force due to misconduct.
Across England and Wales 192 officers were sacked in 2021-22, up from 179 the year before.
Though dismissals are not always due to misconduct, the conduct of police officers has come under greater scrutiny in the wake of the murder of Sarah Everard by serving Met officer Wayne Couzens, who will never be freed from prison after losing an appeal against his whole life sentence last week.
Data from the College of Policing, a professional body, shows nationally 257 officers were placed on the 'barred list' in the year to March 2021 – the latest figures – including nine in Thames Valley.
This means they can no longer serve in the police, having been found to have committed gross misconduct while in the force.
The number of officers added to the list is higher than the number of dismissals, as many instead choose to resign or retire – 118 did so nationally in 2021.
The National Police Chiefs Council, a staff body for police leaders, said a "tiny minority" of police officers undermine public trust and confidence in policing.
A spokesperson said: “Where officers don’t meet the expected standards of behaviour they will be dealt with directly, and this could result in them losing their jobs or in the most serious cases, a criminal conviction.
"Everyone in policing needs to contribute to an inclusive, professional, and ethical culture.
“As a result of shining a light, more misconduct will be discovered, more officers will be sanctioned, leave the service or even be charged and convicted of crimes.”
Police forces are also grappling with increased resignations, the Home Office figures show.
The number of officers leaving the force has reached an all-time high across England and Wales, fuelled in part by a surge in voluntary resignations.
In the year to March 3,653 officers resigned, a significant increase on the 2,154 the year before, and including 163 in Thames Valley.
But despite this, there has been a net increase in the number of police officers nationally, with new recruits being hired as part of the Government's pledge of 20,000 new officers by 2023.
Dr Sarah Charman, professor of criminology at the University of Portsmouth, said retention should be a "priority" for policing bodies.
"Resigning police officers talk of their love for their work and their colleagues – police forces need to consider how to better value that commitment."
A Home Office spokesperson said: “The public put their trust in the police and expect them to carry out their duties to the highest professional standards.
“Dedicated and decent police officers are the majority, but the minority who fall short of the standards expected of them must be dealt with robustly and fairly.” | https://www.bucksherald.co.uk/news/crime/dozens-of-officers-dismissed-from-thames-valley-police-in-five-years-3792050 | 2022-08-03T14:35:56Z | https://www.bucksherald.co.uk/news/crime/dozens-of-officers-dismissed-from-thames-valley-police-in-five-years-3792050 | false |
A kidnapped girl's escape in Alabama has led to the discovery of two decomposing bodies and the arrest of a man now facing murder and kidnapping charges, authorities said.
Police got a call Monday morning from a driver about a 12-year-old girl walking alone along County Road 34 in Dadeville, Tallapoosa County Sheriff Jimmy Abbett said Tuesday at a news conference.
The girl had been restrained to bed posts for about a week, according to a criminal complaint. She had chewed off her restraints -- breaking her braces -- and her wrists show marks consistent with restraint, it states.
The 12-year-old had been given alcohol to stay "in a drugged state" and was assaulted in the "head area," the complaint states. She had not been reported missing, the sheriff said.
Jose Paulino Pascual-Reyes, 37, was arrested Monday about 25 miles away in Auburn on suspicion of first-degree kidnapping by US Marshals and police, the sheriff said, adding other agencies are also on the case.
While searching Pascual-Reyes' home, detectives found two decomposed bodies, the sheriff said. A forensics team is working to identify the corpses, he said, and how and when they died wasn't immediately known. The sheriff further stated that "other people" were living in the residence. The sheriff did not say whether these people were being charged or held in connection with the alleged crimes at the residence.
Pascual-Reyes also faces three counts of capital murder and two counts of abuse of corpse, Abbett said in a news release.
"We're looking at multiple counts of capital murder, along with kidnapping in the first degree," Tallapoosa County District Attorney Jeremy Duerr said during the news conference. "And of course, once we continue and finish our investigation, I feel certain that several more charges will follow."
Pascual-Reyes awaits a bond hearing at the Tallapoosa County Jail, Abbett said. It wasn't immediately clear if he had a lawyer.
"This is horrendous to have a crime scene of this nature and also a 12-year-old juvenile to deal with this horrendous situation," Abbett said, calling the girl "a hero."
While the Sheriff did not give any details about when the girl might have been kidnapped or any possible relationship with Pascual-Reyes, he did say she had received medical care and was doing well.
"She's safe now and ... we want to keep her that way," Abbett said.
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™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.wlfi.com/news/national/kidnapped-girls-escape-leads-investigators-to-2-decomposed-bodies-alabama-officials-say/article_3efc11a3-c936-5e60-a0f5-742cd3266809.html | 2022-08-03T14:36:00Z | https://www.wlfi.com/news/national/kidnapped-girls-escape-leads-investigators-to-2-decomposed-bodies-alabama-officials-say/article_3efc11a3-c936-5e60-a0f5-742cd3266809.html | true |
TAMPA, Fla., Aug. 3, 2022 /PRNewswire/ -- Immunologix Laboratories announced today that Dr. Corinna Fiorotti has been appointed Chief Commercial Officer. An experienced science and business leader, Dr. Fiorotti assumed responsibilities on August 1, 2022 and will oversee all aspects of Immunologix Laboratories commercial function, including business development, marketing, and commercial growth
"We are fortunate to have someone of Dr. Fiorotti's caliber and experience step up to lead the commercial operation, including the business development team, at Immunologix" said Michael Anderson, President and CEO. "Corinna is strategically positioned for the role of CCO as she has a deep understanding of our business from both the scientific and business points of view and brings a strong track record of business success. As a member of our unique Translational Sciences team at Immunologix for the past 2 years, Dr. Fiorotti has built an in-depth understanding of our services and the market. She is a strong communicator who is customer focused and possesses operational and leadership capabilities to successfully execute on the company's strategy and growth plans"
Dr. Fiorotti holds a Ph.D. in Microbiology and Immunology and has worked in drug development for 19 years, with combined experience from both Sponsor and CRO organizations. She therefore brings a comprehensive perspective to the business development endeavors at Immunologix and is uniquely positioned to serve as CCO.
Fiorotti said, "I am honored and excited to lead the commercial team at Immunologix Laboratories. It is a privilege to be part of an organization that delivers such high caliber bioanalytical and biomarker services and innovative scientific solutions to our clients to help them bring lifesaving therapies to patients. Immunologix has an exceptional scientific team that is truly passionate about the work we do. Our culture is built around a commitment to high quality science for our clients and providing scientific growth opportunities for our staff. We are an organization led by purpose, to make a positive, meaningful impact on the client projects that we support and thereby to improving the lives of patients."
Founded in 2012, Immunologix Laboratories is a contract research organization located in Tampa FL that offers GLP and GCP compliant laboratory capabilities focused on ligand binding-based bioanalysis specializing in pharmacokinetic, immunogenicity, and biomarker assays in support of preclinical and clinical studies. Immunologix Translational Sciences Division provides dedicated scientific resources to advise, develop, and implement scientific strategies and practical solutions for innovator development programs.
Name: John Ryan
Job Title: Executive Director, Business Development
Email address: jryan@immunologixlabs.com
Website: https://www.immunologixlabs.com/
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Business Activity Index at 59.9%; New Orders Index at 59.9%; Employment Index at 49.1%; Supplier Deliveries Index at 57.8%
TEMPE, Ariz., Aug. 3, 2022 /PRNewswire/ -- Economic activity in the services sector grew in July for the 26th month in a row — with the Services PMI® registering 56.7 percent — say the nation's purchasing and supply executives in the latest Services ISM® Report On Business®.
The report was issued today by Anthony Nieves, CPSM, C.P.M., A.P.P., CFPM, Chair of the Institute for Supply Management® (ISM®) Services Business Survey Committee: "In July, the Services PMI® registered 56.7 percent, 1.4 percentage points higher than June's reading of 55.3 percent. The Business Activity Index registered 59.9 percent, an increase of 3.8 percentage points compared to the reading of 56.1 percent in June. The New Orders Index figure of 59.9 percent is 4.3 percentage points higher than the June reading of 55.6 percent.
"The Supplier Deliveries Index registered 57.8 percent, 4.1 percentage points lower than the 61.9 percent reported in June. (Supplier Deliveries is the only ISM® Report On Business® index that is inversed; a reading of above 50 percent indicates slower deliveries, which is typical as the economy improves and customer demand increases.)
"The Prices Index decreased for the third consecutive month in July, down 7.8 percentage points to 72.3 percent. Services businesses continue to struggle to replenish inventories, as the Inventories Index contracted for the second consecutive month; the reading of 45 percent is down 2.5 percentage points from June's figure of 47.5 percent. The Inventory Sentiment Index (50.1 percent, up 3.9 percentage points from June's reading of 46.2 percent) moved into expansion territory in July after four consecutive months of contraction."
Nieves continues, "According to the Services PMI®, 13 industries reported growth. The composite index indicated growth for the 26th consecutive month after a two-month contraction in April and May 2020. Growth continues — at a faster rate — for the services sector, which has expanded for all but two of the last 150 months. The slight increase in services sector growth was due to an increase in business activity and new orders. The Employment Index (49.1 percent) contracted for the second consecutive month, and the Backlog of Orders Index decreased 2.2 percentage points, to 58.3 percent. Availability issues with overland trucking, a restricted labor pool, various material shortages and inflation continue to be impediments for the services sector."
INDUSTRY PERFORMANCE
The 13 services industries reporting growth in July — listed in order — are: Mining; Real Estate, Rental & Leasing; Public Administration; Management of Companies & Support Services; Construction; Educational Services; Other Services; Utilities; Professional, Scientific & Technical Services; Health Care & Social Assistance; Transportation & Warehousing; Wholesale Trade; and Information. The three industries reporting a decrease in the month of July are: Agriculture, Forestry, Fishing & Hunting; Retail Trade; and Finance & Insurance.
WHAT RESPONDENTS ARE SAYING
- "Restaurant sales have softened the past few weeks (due to) post-holiday and seasonality factors, but we're also hearing because of consumer pressures, particularly fuel and food prices. Staffing remains a challenge in some markets. Many of our locations in (Los Angeles County) received news that there could be a return to (indoor) mask mandates." [Accommodation & Food Services]
- "Interest rates have significantly impacted the homebuilding market. Cancellation rates have increased, as homebuyers can no longer afford the monthly payment. Traffic to our communities is down. Inflation has sidelined many would-be buyers." [Construction]
- "Strengthening market overall and signs of improvement. Increased prices putting a strain on fixed budgets. There has been a shift from driving down costs to securing continuity of supply. Higher education is growing, with an increase in applicants." [Educational Services]
- "Business continues to remain below pre-pandemic levels. (Patient) census and visits have increased but seem to have plateaued in the last six-month period." [Health Care & Social Assistance]
- "Can feel the economy weakening. Clients are making appropriate moves in anticipation of a recession." [Management of Companies & Support Services]
- "Hiring demand remains robust in most industry sectors. Tech has had a slowdown in hiring and layoffs. It's still a candidate's market, as the number of job openings across all skill levels and positions remains far greater than the number of candidates for those roles." [Professional, Scientific & Technical Services]
- "Rising costs across the board seems to be the big focus now. Fuel and food are the most common focus but it is across the board, and there is pressure of a job market shortage for qualified workers to increase wages and other benefits." [Public Administration]
- "(We are) in inventory reduction mode, attempting to match inventory levels to current lower sales trends." [Retail Trade]
- "Holding steady, but some headwinds are definitely ahead on the economic front. However, supply chain issues appear to be easing, though still not great." [Utilities]
- "Food service remains strong. Retail is softening as mass is overly concerned about inventory and consumer spending." [Wholesale Trade]
Services ISM® Report On Business® data is seasonally adjusted for the Business Activity, New Orders, Employment and Prices indexes. Manufacturing ISM® Report On Business® data is seasonally adjusted for New Orders, Production, Employment and Inventories indexes.
*Number of months moving in current direction.
COMMODITIES REPORTED UP/DOWN IN PRICE, AND IN SHORT SUPPLY
Commodities Up in Price
Aluminum Products* (8); Chemicals (4); Coated Freesheet; Computer Accessories; Diesel Fuel (20); Eggs; Electrical Components (18); Fuel* (19); Freight Rates; Gasoline (20); Hotel Rates (3); Heating, Ventilation and Air Conditioning (HVAC) Equipment; Labor (20); Labor — Contingent; Medical Supplies; Steel Products (19); Transformers (2); Transportation Costs; Travel (3); and Utilities.
Commodities Down in Price
Aluminum Products*; Copper Wires; Fuel*; Lumber (2); Polyvinyl Chloride (PVC) Conduit; and Steel.
Commodities in Short Supply
Appliances (5); Coated Freesheet; Computer Hardware; Electrical Components (4); Food and Beverages; Labor (12); Masks; Microchips (3); Needles and Syringes (7); Paper Products (5); Resin Based Products; Transformers (3); and Vehicles.
Note: The number of consecutive months the commodity is listed is indicated after each item. *Indicates both up and down in price.
JULY 2022 SERVICES INDEX SUMMARIES
Services PMI®
In July, the Services PMI® registered 56.7 percent, a 1.4-percentage point increase compared to the June reading of 55.3 percent. The 12-month average is 60.2 percent, reflecting consistently strong growth in the services sector, which has expanded for 26 consecutive months. A reading above 50 percent indicates the services sector economy is generally expanding; below 50 percent indicates the services sector is generally contracting.
A Services PMI® above 50.1 percent, over time, generally indicates an expansion of the overall economy. Therefore, the July Services PMI® indicates the overall economy has followed the same path as the services sector: expansion for 26 straight months following two months of contraction and a preceding period of 122 months of growth. Nieves says, "The past relationship between the Services PMI® and the overall economy indicates that the Services PMI® for July (56.7 percent) corresponds to a 2.4-percent increase in real gross domestic product (GDP) on an annualized basis."
SERVICES PMI® HISTORY
Business Activity
ISM®'s Business Activity Index registered 59.9 percent in July, an increase of 3.8 percentage points from the reading of 56.1 percent in June, indicating growth for the 26th consecutive month. Comments from respondents include: "With a new fiscal year starting on July 1, an uptick in demand of goods and services" and "Seeing more critical material come in, which allowed us to work on more projects."
The 13 industries reporting an increase in business activity for the month of July — listed in order — are: Mining; Real Estate, Rental & Leasing; Educational Services; Public Administration; Management of Companies & Support Services; Utilities; Construction; Other Services; Professional, Scientific & Technical Services; Health Care & Social Assistance; Wholesale Trade; Transportation & Warehousing; and Information. The four industries reporting a decrease in business activity for the month of July are: Agriculture, Forestry, Fishing & Hunting; Accommodation & Food Services; Retail Trade; and Finance & Insurance.
New Orders
ISM®'s New Orders Index registered 59.9 percent, up 4.3 percentage points from the June reading of 55.6 percent. New orders grew for the 26th consecutive month after two months of contraction and a preceding period of 128 months of expansion. Comments from respondents include: "Requests for new business" and "Moderate volume increases over the previous month."
Eleven industries reported growth of new orders in July, in the following order: Real Estate, Rental & Leasing; Mining; Educational Services; Public Administration; Transportation & Warehousing; Other Services; Utilities; Management of Companies & Support Services; Construction; Professional, Scientific & Technical Services; and Health Care & Social Assistance. The five industries reporting a decrease in new orders in July are: Agriculture, Forestry, Fishing & Hunting; Accommodation & Food Services; Retail Trade; Information; and Wholesale Trade.
Employment
Employment activity in the services sector contracted in July for the fourth time in the last six months. ISM®'s Employment Index registered 49.1 percent, up 1.7 percentage points from the June reading of 47.4 percent. Comments from respondents include: "Employee turnover, backfills taking longer to locate and onboard" and "Difficulties hiring new candidates as we lose more people who retire or leave the company for new opportunities."
The eight industries reporting an increase in employment in July — listed in order — are: Mining; Construction; Accommodation & Food Services; Other Services; Management of Companies & Support Services; Public Administration; Professional, Scientific & Technical Services; and Wholesale Trade. The seven industries reporting a decrease in employment in July — listed in order — are: Agriculture, Forestry, Fishing & Hunting; Finance & Insurance; Educational Services; Transportation & Warehousing; Real Estate, Rental & Leasing; Utilities; and Health Care & Social Assistance.
Supplier Deliveries
The Supplier Deliveries Index registered 57.8 percent, down 4.1 percentage points from the 61.9 percent registered in June. A reading above 50 percent indicates slower deliveries, while a reading below 50 percent indicates faster deliveries. Comments from respondents include: "Lack of drivers for delivery companies due to labor shortages" and "Global supply issues are causing uncertainty on when and how many products will arrive."
The 14 industries reporting slower deliveries in July — listed in order — are: Mining; Agriculture, Forestry, Fishing & Hunting; Finance & Insurance; Accommodation & Food Services; Educational Services; Construction; Utilities; Health Care & Social Assistance; Management of Companies & Support Services; Real Estate, Rental & Leasing; Public Administration; Professional, Scientific & Technical Services; Transportation & Warehousing; and Information. No industry reported faster deliveries in July.
Inventories
The Inventories Index contracted in July for the second consecutive month after four straight months of growth preceded by an eight-month period of contraction. The reading of 45 percent was a 2.5-percentage point decrease from the 47.5 percent reported in June. Of the total respondents in July, 41 percent indicated they do not have inventories or do not measure them. Comments from respondents include: "Long lead times have consumed safety stock" and "Inventories are still lower than desired due to supply chain issues."
The seven industries reporting an increase in inventories in July — listed in order — are: Mining; Utilities; Wholesale Trade; Educational Services; Transportation & Warehousing; Public Administration; and Professional, Scientific & Technical Services. The 10 industries reporting a decrease in inventories in July — listed in order — are: Arts, Entertainment & Recreation; Retail Trade; Agriculture, Forestry, Fishing & Hunting; Other Services; Real Estate, Rental & Leasing; Management of Companies & Support Services; Finance & Insurance; Health Care & Social Assistance; Construction; and Information.
Prices
Prices paid by services organizations for materials and services increased in July for the 62nd consecutive month, with the index registering 72.3 percent, 7.8 percentage points lower than the 80.1 percent recorded in June. This is the first Prices Index reading below 80 percent since September 2021 and its steepest month-over-month decrease since an 8.7-percentage point drop in May 2017.
Sixteen services industries reported an increase in prices paid during the month of July, in the following order: Mining; Public Administration; Information; Accommodation & Food Services; Agriculture, Forestry, Fishing & Hunting; Educational Services; Finance & Insurance; Management of Companies & Support Services; Professional, Scientific & Technical Services; Real Estate, Rental & Leasing; Transportation & Warehousing; Construction; Health Care & Social Assistance; Other Services; Utilities; and Wholesale Trade. No industry reported a decrease in prices in July.
NOTE: Commodities reported as up in price and down in price are listed in the commodities section of this report.
Backlog of Orders
The ISM® Services Backlog of Orders Index grew in July for the 19th consecutive month. The index registered 58.3 percent, a 2.2-percentage point decrease compared to the June reading of 60.5 percent. Of the total respondents in July, 40 percent indicated they do not measure backlog of orders. Respondent comments include: "Delays caused by long lead times for components" and "Higher backlog than previous month as suppliers try to keep up with orders and slowing deliveries."
The nine industries reporting an increase in order backlogs in July — listed in order — are: Accommodation & Food Services; Real Estate, Rental & Leasing; Other Services; Public Administration; Utilities; Educational Services; Retail Trade; Professional, Scientific & Technical Services; and Health Care & Social Assistance. The five industries reporting a decrease in order backlogs in July are: Arts, Entertainment & Recreation; Agriculture, Forestry, Fishing & Hunting; Finance & Insurance; Construction; and Wholesale Trade.
New Export Orders
Orders and requests for services and other non-manufacturing activities to be provided outside of the U.S. by domestically based companies grew in July for the sixth consecutive month. The New Export Orders Index registered 59.5 percent, a 2-percentage point increase from the 57.5 percent reported in June. Of the total respondents in July, 79 percent indicated they do not perform, or do not separately measure, orders for work outside of the U.S.
The six industries reporting an increase in new export orders in July — listed in order — are: Accommodation & Food Services; Mining; Real Estate, Rental & Leasing; Construction; Utilities; and Educational Services. Six industries reported a decrease in new export orders in July, in the following order: Arts, Entertainment & Recreation; Agriculture, Forestry, Fishing & Hunting; Information; Transportation & Warehousing; Wholesale Trade; and Professional, Scientific & Technical Services. Six industries indicated no change in new export orders in July.
Imports
The Imports Index contracted in July for the second consecutive month, registering 48 percent, up 1.7 percentage points from June's reading of 46.3 percent. Eighty percent of respondents reported that they do not use, or do not track the use of, imported materials.
The seven industries reporting an increase in imports for the month of July — listed in order — are: Mining; Information; Transportation & Warehousing; Educational Services; Utilities; Wholesale Trade; and Health Care & Social Assistance. The five industries that reported a decrease in imports in July are: Arts, Entertainment & Recreation; Agriculture, Forestry, Fishing & Hunting; Real Estate, Rental & Leasing; Other Services; and Accommodation & Food Services. Six industries reported no change in imports in July.
Inventory Sentiment
The ISM® Services Inventory Sentiment Index grew in July after four previous months of contraction, registering 50.1 percent, a 3.9-percentage point increase from June's figure of 46.2 percent. This reading indicates that respondents feel their inventories are slightly high when correlated to business activity levels.
The five industries reporting sentiment that their inventories were too high in July are: Retail Trade; Health Care & Social Assistance; Information; Wholesale Trade; and Utilities. The six industries reporting a feeling that their inventories were too low in July — listed in order — are: Accommodation & Food Services; Management of Companies & Support Services; Educational Services; Real Estate, Rental & Leasing; Professional, Scientific & Technical Services; and Construction. Six industries reported no change in July.
About This Report
DO NOT CONFUSE THIS NATIONAL REPORT with the various regional purchasing reports released across the country. The national report's information reflects the entire U.S., while the regional reports contain primarily regional data from their local vicinities. Also, the information in the regional reports is not used in calculating the results of the national report. The information compiled in this report is for the month of July 2022.
The data presented herein is obtained from a survey of supply executives in the services sector based on information they have collected within their respective organizations. ISM® makes no representation, other than that stated within this release, regarding the individual company data collection procedures. The data should be compared to all other economic data sources when used in decision-making.
Data and Method of Presentation
The Services ISM® Report On Business® (formerly the Non-Manufacturing ISM® Report On Business®) is based on data compiled from purchasing and supply executives nationwide. Membership of the Services Business Survey Committee (formerly Non-Manufacturing Business Survey Committee) is diversified by NAICS, based on each industry's contribution to gross domestic product (GDP). The Services Business Survey Committee responses are divided into the following NAICS code categories: Agriculture, Forestry, Fishing & Hunting; Mining; Utilities; Construction; Wholesale Trade; Retail Trade; Transportation & Warehousing; Information; Finance & Insurance; Real Estate, Rental & Leasing; Professional, Scientific & Technical Services; Management of Companies & Support Services; Educational Services; Health Care & Social Assistance; Arts, Entertainment & Recreation; Accommodation & Food Services; Public Administration; and Other Services (services such as Equipment & Machinery Repairing; Promoting or Administering Religious Activities; Grantmaking; Advocacy; and Providing Dry-Cleaning & Laundry Services, Personal Care Services, Death Care Services, Pet Care Services, Photofinishing Services, Temporary Parking Services, and Dating Services). The data are weighted based on each industry's contribution to GDP. According to the BEA estimates for 2020 GDP (released December 22, 2021), the six largest services sectors are: Real Estate, Rental & Leasing; Government; Professional, Scientific, & Technical Services; Health Care & Social Assistance; Information; and Finance & Insurance. Beginning in February 2020 with January 2020 data, computation of the indexes is accomplished utilizing unrounded numbers.
Survey responses reflect the change, if any, in the current month compared to the previous month. For each of the indicators measured (Business Activity, New Orders, Backlog of Orders, New Export Orders, Inventory Change, Inventory Sentiment, Imports, Prices, Employment and Supplier Deliveries), this report shows the percentage reporting each response and the diffusion index. Responses represent raw data and are never changed. Data is seasonally adjusted for Business Activity, New Orders, Prices and Employment. All seasonal adjustment factors are subject annually to relatively minor changes when conditions warrant them. The remaining indexes have not indicated significant seasonality.
The Services PMI® is a composite index based on the diffusion indexes for four of the indicators with equal weights: Business Activity (seasonally adjusted), New Orders (seasonally adjusted), Employment (seasonally adjusted) and Supplier Deliveries. Diffusion indexes have the properties of leading indicators and are convenient summary measures showing the prevailing direction of change and the scope of change. An index reading above 50 percent indicates that the services economy is generally expanding; below 50 percent indicates that it is generally declining. Supplier Deliveries is an exception. A Supplier Deliveries Index above 50 percent indicates slower deliveries and below 50 percent indicates faster deliveries.
A Services PMI® above 50.1 percent, over time, indicates that the overall economy, or gross domestic product (GDP), is generally expanding; below 50.1 percent, it is generally declining. The distance from 50 percent or 50.1 percent is indicative of the strength of the expansion or decline.
The Services ISM® Report On Business® survey is sent out to Services Business Survey Committee respondents the first part of each month. Respondents are asked to ONLY report on U.S. operations for the current month. ISM® receives survey responses throughout most of any given month, with the majority of respondents generally waiting until late in the month to submit responses to give the most accurate picture of current business activity. ISM® then compiles the report for release on the third business day of the following month.
The industries reporting growth, as indicated in the Services ISM® Report On Business® monthly report, are listed in the order of most growth to least growth. For the industries reporting contraction or decreases, those are listed in the order of the highest level of contraction/decrease to the least level of contraction/decrease.
ISM ROB Content
The Institute for Supply Management® ("ISM") Report On Business® (Manufacturing, Services and Hospital reports) ("ISM ROB") contains information, text, files, images, video, sounds, musical works, works of authorship, applications, and any other materials or content (collectively, "Content") of ISM ("ISM ROB Content"). ISM ROB Content is protected by copyright, trademark, trade secret, and other laws, and as between you and ISM, ISM owns and retains all rights in the ISM ROB Content. ISM hereby grants you a limited, revocable, nonsublicensable license to access and display on your individual device the ISM ROB Content (excluding any software code) solely for your personal, non-commercial use. The ISM ROB Content shall also contain Content of users and other ISM licensors. Except as provided herein or as explicitly allowed in writing by ISM, you shall not copy, download, stream, capture, reproduce, duplicate, archive, upload, modify, translate, publish, broadcast, transmit, retransmit, distribute, perform, display, sell, or otherwise use any ISM ROB Content.
Except as explicitly and expressly permitted by ISM, you are strictly prohibited from creating works or materials (including, but not limited to: tables, charts, data streams, time-series variables, fonts, icons, link buttons, wallpaper, desktop themes, online postcards, montages, mashups and similar videos, greeting cards, and unlicensed merchandise) that derive from or are based on the ISM ROB Content. This prohibition applies regardless of whether the derivative works or materials are sold, bartered, or given away. You shall not either directly or through the use of any device, software, internet site, web-based service, or other means remove, alter, bypass, avoid, interfere with, or circumvent any copyright, trademark, or other proprietary notices marked on the Content or any digital rights management mechanism, device, or other content protection or access control measure associated with the Content including geo-filtering mechanisms. Without prior written authorization from ISM, you shall not build a business utilizing the Content, whether or not for profit.
You shall not create, recreate, distribute, incorporate in other work, or advertise an index of any portion of the Content unless you receive prior written authorization from ISM. Requests for permission to reproduce or distribute ISM ROB Content can be made by contacting in writing at: ISM Research, Institute for Supply Management, 309 W. Elliot Road, Suite 113, Tempe, AZ 85284-1556, or by emailing kcahill@ismworld.org; subject: Content Request.
ISM shall not have any liability, duty, or obligation for or relating to the ISM ROB Content or other information contained herein, any errors, inaccuracies, omissions or delays in providing any ISM ROB Content, or for any actions taken in reliance thereon. In no event shall ISM be liable for any special, incidental, or consequential damages, arising out of the use of the ISM ROB. Report On Business®, Manufacturing PMI®, Services PMI®, and Hospital PMI® are registered trademarks of Institute for Supply Management®. Institute for Supply Management® and ISM® are registered trademarks of Institute for Supply Management, Inc.
About Institute for Supply Management®
Institute for Supply Management® (ISM®) serves supply management professionals in more than 90 countries. Its 50,000 members around the world manage about US$1 trillion in corporate and government supply chain procurement annually. Founded in 1915 as the first supply management institute in the world, ISM is committed to advancing the practice of supply management to drive value and competitive advantage for its members, contributing to a prosperous and sustainable world. ISM leads the profession through the ISM® Report On Business®, its highly regarded certification programs and the ISM® Advance™ Digital Platform. This report has been issued by the association since 1931, except for a four-year interruption during World War II.
The full text version of the Services ISM® Report On Business® is posted on ISM®'s website at www.ismrob.org on the third business day* of every month after 10:00 a.m. ET.
The next Services ISM® Report On Business® featuring August 2022 data will be released at 10:00 a.m. ET on Tuesday, September 6, 2022.
*Unless the New York Stock Exchange is closed.
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SOURCE Institute for Supply Management | https://www.wkyt.com/prnewswire/2022/08/03/services-pmi-567-july-2022-services-ism-report-business/ | 2022-08-03T14:40:21Z | https://www.wkyt.com/prnewswire/2022/08/03/services-pmi-567-july-2022-services-ism-report-business/ | false |
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
VMware, Inc. (NYSE: VMW)'s sale to Broadcom Inc. Under the terms of the merger, VMware shareholders may elect to receive either $142.50 in cash or 0.2520 shares of Broadcom common stock for each share of VMware they own. The shareholder election is subject to proration. If you are a VMware shareholder, click here to learn more about your rights and options.
Zendesk, Inc. (NYSE: ZEN)'s sale to Permira and Hellman & Friedman LLC for $77.50 per share. If you are a Zendesk shareholder, click here to learn more about your rights and options.
VAALCO Energy, Inc. (NYSE: EGY)'s merger with TransGlobe Energy Corporation. Under the terms of the merger, VAALCO will acquire each TransGlobe share for 0.6727 of a VAALCO share of common stock. If you are a VAALCO shareholder, click here to learn more about your rights and options.
The First Bancshares, Inc. (NASDAQ: FBMS)'s merger with Heritage Southeast Bancorporation, Inc. Subject to the terms of the definitive merger agreement, Heritage shareholders would receive 0.965 shares of First Bancshares common stock for each share of Heritage common stock upon the closing of the transaction. If you are a First Bancshares shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP | https://www.wkyt.com/prnewswire/2022/08/03/shareholder-investigation-notice-halper-sadeh-llp-investigates-vmw-zen-egy-fbms/ | 2022-08-03T14:40:41Z | https://www.wkyt.com/prnewswire/2022/08/03/shareholder-investigation-notice-halper-sadeh-llp-investigates-vmw-zen-egy-fbms/ | false |
Strategic sale positions Colorado company with laser focus on air & missile defense for rapid growth
FORT COLLINS, Colo., Aug. 3, 2022 /PRNewswire/ -- A leader in air defense, missile defense and space domain awareness, Numerica is known for solving some of the nation's most important defense challenges. After several years of innovation and growth, the Colorado company's space division has been acquired by Slingshot Aerospace, a company focused on building space simulation and analytics products for Space Situational Awareness and Space Traffic Coordination. This divestiture will allow Numerica to focus on innovations in air and missile defense with even greater investment in its short-range air defense product line – including the Spyglass™ short-range surveillance radar and MIMIR™ C2 software.
Numerica's distinguished space division provides high-quality data and state-of-the-art software solutions that inform operator action to help protect satellites from on-orbit hazards and threats. To help address critical space needs, Numerica has developed market-leading uncorrelated track processing software and transitioned it to multiple space operation centers, deployed a global telescope network to provide a responsive, robust and affordable commercial satellite tracking service and developed the world's first commercial daytime optical LEO-to-GEO satellite tracking capability.
Through the agreement, Slingshot has acquired the following:
- An autonomous global network of proprietary sensors and software comprising more than 150 sensors including 30 telescopes across 20 locations around the globe with advanced data processing capabilities.
- The Numerica SDA team including research scientists, orbital analysts, software engineers and applied mathematicians in remote work settings including Vandenburg Air Force Base as well as the Fort Collins and Colorado Springs, Colo. offices.
- The Numerica office in Colorado Springs.
"We are proud to have developed such an effective global network of proprietary ground-based sensors and software for deep space surveillance and look forward to seeing its continued evolution with an established industry leader like Slingshot Aerospace," President Jeff Poore said. "This acquisition will help accelerate advancements in spaceflight safety and sustainability during a time of great need, but it will also allow Numerica to strategically focus resources on our growing air and missile defense business."
The air and missile defense teams at Numerica are dedicated to developing and deploying high-performance command and control systems for applications from theater integrated air and missile defense to tactical counter-UAS. Several of their biggest developments lately have included:
- Launch of Spyglass radar, a purpose-built multi-mission KU-band radar that addresses short-range air defense (SHORAD) missions inclusive of counter-small, unmanned aircraft systems (C-SUAS), ground surveillance and other missions.
- MFATS™, a mature and widely deployed sensor fusion software engine used to generate fire control quality tracks from a network of heterogeneous sensors.
- MIMIR, a software product for integrating networks of sensors and weapons, includes MFATS for sensor data fusion and a lightweight user display for operator engagement.
- An 18-year membership of the Lockheed Martin-led Missile Defense National Team, providing advanced algorithms to assist the U.S. Ballistic Missile Defense System (BMDS).
- A 13-year position providing advanced algorithms and software on the Northrop Grumman-led Integrated Air and Missile Defense Battle Command System (IBCS) program.
- Renovation of a 33,000 square foot facility to support the continued development of Spyglass radar – this new building located at 4450 Denrose Court in Fort Collins is the only location in Colorado that is currently manufacturing radar and one of only a few in the entire country.
About Numerica: Founded in 1996, Numerica focuses on creating innovative solutions to the most pressing technical challenges faced by customers in the areas of air defense and missile defense. Headquartered in Fort Collins, Colo., Numerica's rapidly growing team of talented research scientists and engineers tackle data science problems by developing advanced algorithms to power mission-critical national security software. This year, Numerica celebrates 25 years of developing state-of-the-art technologies that have been deployed around the world to integrate networks, fuse data, precisely track targets and quantify uncertainty. Learn more at www.numerica.us.
CONTACT: Kelly Wakefield
kelly.wakefield@wildrockpr.com
970-449-6870
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SOURCE Numerica | https://www.wagmtv.com/prnewswire/2022/08/03/numerica-announces-divestiture-space-division/ | 2022-08-03T14:40:49Z | https://www.wagmtv.com/prnewswire/2022/08/03/numerica-announces-divestiture-space-division/ | false |
Wall Street watchdog addresses industry 'misconceptions' around disclosing conflicts to investors
WASHINGTON, Aug 3 (Reuters) - The U.S. Securities and Exchange Commission (SEC) on Wednesday published a staff bulletin that seeks to clarify how broker dealers and investment advisors must address conflicts of interest when providing investors with advice and recommendations.
The guidance aims to spell out expectations amid industry "misconceptions," an SEC official told reporters, adding that while all financial firms and professionals have some conflict, the "nature and expense" of those conflicts can vary.
"The steps firms take to address conflicts of interest need to be tailored to their particular business model," the official said.
"They need to be designed to prevent those conflicts of interests that are present at that particular firm from causing the firm and its financial professionals to place their own interests ahead of the retail investors interests and thereby to violate their best interests obligation." (Reporting by Katanga Johnson in Washington; Editing by Alison Williams) | https://www.dailymail.co.uk/wires/reuters/article-11077111/Wall-Street-watchdog-addresses-industry-misconceptions-disclosing-conflicts-investors.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-08-03T14:41:44Z | https://www.dailymail.co.uk/wires/reuters/article-11077111/Wall-Street-watchdog-addresses-industry-misconceptions-disclosing-conflicts-investors.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true |
SANTA MONICA, Calif., Aug. 3, 2022 /PRNewswire/ -- TrueCar, Inc., (NASDAQ:TRUE), the easiest, most efficient and transparent online destination for buying and selling new and used vehicles, today announced that President and Chief Executive Officer, Mike Darrow, will participate in a fireside chat at the 2022 J.P. Morgan Auto Conference on August 10, 2022.
2022 J.P. Morgan Auto Conference Presentation Details
About TrueCar
TrueCar is a leading automotive digital marketplace that lets auto buyers and sellers connect to our nationwide network of Certified Dealers. With access to an expansive inventory provided by our Certified Dealers, we are building the industry's most personalized and efficient auto shopping experience as we seek to bring more of the process online. Consumers who visit our marketplace will find a suite of vehicle discovery tools, price ratings and market context on new, used and Certified Pre-Owned vehicles. When they are ready, shoppers in TrueCar's marketplace can connect with a Certified Dealer in our network, who shares our belief that truth, transparency and fairness are the foundation of a great auto shopping experience. As part of our marketplace, TrueCar powers auto-buying programs for over 250 leading brands, including AARP, Sam's Club, Navy Federal Credit Union and American Express.
For more information, please visit www.truecar.com, and follow us on LinkedIn, Facebook or Twitter. TrueCar media email: pr@truecar.com
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SOURCE TrueCar.com | https://www.wkyt.com/prnewswire/2022/08/03/truecar-participate-upcoming-investor-conference/ | 2022-08-03T14:42:00Z | https://www.wkyt.com/prnewswire/2022/08/03/truecar-participate-upcoming-investor-conference/ | true |
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WASHINGTON (AP) — A bipartisan group of senators on Wednesday proposed a bill to regulate cryptocurrencies, the latest attempt by Congress to formulate ideas on how to oversee a multibillion-dollar industry that has been racked by collapsing prices and lenders halting operations.
The regulations offered by Senate Agriculture Committee chair Debbie Stabenow and top Republican member John Boozman would authorize the Commodities Futures Trading Commission to be the default regulator for cryptocurrencies. That would be in contrast with bills proposed by other members of Congress and consumer advocates, who have suggested giving the authority to the Securities and Exchange Commission.
This year, crypto investors have seen prices plunge and companies crater with fortunes and jobs disappearing overnight, and some firms have been accused by federal regulators of running an illegal securities exchange. Bitcoin, the largest digital asset, trades at a fraction of its all-time high, down from more than $68,000 in November 2021 to about $23,000 on Wednesday. Industry leaders have referred to this period as a “crypto winter,” and lawmakers have been desperate to implement stringent oversight.
The bill by Stabenow, a Democrat from Michigan, and Boozman, of Arkansas, would require all cryptocurrency platforms — including traders, dealers, brokers and sites that hold crypto for customers — to register with the CFTC.
The CFTC is historically an underfunded and much smaller regulator than the SEC, which has armies of investigators to look at potential wrongdoing. The bill attempts to alleviate these issues by imposing on the crypto industry user fees, which in turn would fund more robust supervision of the industry by the CFTC.
"Our bill will empower the CFTC with exclusive jurisdiction over the digital commodities spot market, which will lead to more safeguards for consumers, market integrity and innovation in the digital commodities space,” Boozman said in a statement.
Sens. Cory Booker, D-N.J., and John Thune, R-S.D., are co-sponsors of the bill.
"It’s critical that the (CFTC) has the proper tools to regulate this growing market,” Thune said.
The legislation can be added to the list of proposals that have come out of Congress this year.
Sen. Pat Toomey, R-Pa., in April introduced legislation, called the Stablecoin TRUST Act, that would create a framework to regulate stablecoins, which have seen massive losses this year. Stablecoins are a type of cryptocurrency pegged to a specific value, usually the U.S. dollar, another currency or gold.
Additionally, in June, Sens. Kirsten Gillibrand, D-N.Y., and Cynthia Lummis, R-Wyo., proposed a wide-ranging bill, called the Responsible Financial Innovation Act. That bill proposed legal definitions of digital assets and virtual currencies; would require the IRS to adopt guidance on merchant acceptance of digital assets and charitable contributions; and would make a distinction between digital assets that are commodities and those that are securities, which has not been done.
Along with the Toomey legislation and the Lummis-Gillibrand legislation, a proposal is being worked out in the House Financial Services Committee, though those negotiations have stalled.
Committee chair Maxine Waters, D-Calif., said last month that while she, top Republican member Patrick McHenry of North Carolina and Treasury Secretary Janet Yellen had made considerable progress toward an agreement on the legislation, "we are unfortunately not there yet, and will therefore continue our negotiations over the August recess.”
President Joe Biden's working group on financial markets last November issued a report calling on Congress to pass legislation that would regulate stablecoins, and Biden earlier this year issued an executive order calling on a variety of agencies to look at ways to regulate digital assets.
___
Follow AP's coverage of the cryptocurrency industry at https://apnews.com/hub/cryptocurrency. | https://www.ourmidland.com/news/article/New-crypto-oversight-legislation-arrives-as-17347946.php | 2022-08-03T14:42:08Z | https://www.ourmidland.com/news/article/New-crypto-oversight-legislation-arrives-as-17347946.php | false |
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