text stringlengths 46 525k | url stringlengths 24 420 | crawl_date timestamp[us, tz=UTC]date 2022-04-01 00:01:42 2022-09-25 07:27:13 | id stringlengths 24 420 | label bool 2 classes |
|---|---|---|---|---|
Stockton University hired Chris O’Brien as its interim head rowing coach and associate athletic director for athletic development, the university announced Wednesday.
O'Brien was the head women's rowing coach for 16 years at Thomas Jefferson University in Philadelphia. He was also the associate athletic director for athletic development at Jefferson. At Stockton, O'Brien will also work closely with its office of development and alumni relations.
O’Brien is expected to start at the Galloway Township college later this month. He will take over as the rowing coach from John Bancheri, who played a crucial role in building the program and was Stockton's first full-time rowing head coach.
O'Brien was Jefferson's women's rowing coach since the program started in 2006. During his tenure, O’Brien led the Rams to six NCAA Championships berths (varsity eight in 2008 and 2015, team in 2009, 2010, 2019 and 2022 team). His squads finished third at the championships in 2010 and fourth in 2009 and 2022.
People are also reading…
Jefferson captured three medals at the prestigious Dad Vail Regatta under O’Brien. He led the freshman/novice eight boat to gold in 2007, and the varsity four to a second-place finish in 2021 and a third-place finish in 2012.
Under Bancheri, the Ospreys won their first varsity eight gold medal at the Dad Vail, finished second at the Mid-Atlantic Rowing Conference Championships (their highest finish in program history) and were ranked 14th in the final 2021 Pocock/Collegiate Rowing Coaches Association Division III poll.
O’Brien began his coaching career at Monsignor Bonner High School in Drexel Hill, Pennsylvania, in 2002. He spent five seasons as the head freshman coach. In 2004, O'Brien made school history after leading the freshman eight to the Catholic League Championship, Stotesbury Cup and High School National Championship titles.
It was the first time the freshman crew won all three titles in one season at Bonner.
O’Brien competed as coxswain at Monsignor Bonner and at Villanova University. He won every major regatta at the high school level and captured a Dad Vail gold medal and competed in the Intercollegiate Rowing Association Championships at the collegiate level.
O'Brien still competes internationally as a coxswain. | https://pressofatlanticcity.com/sports/local/stockton-hires-chris-o-brien-as-interim-rowing-coach-associate-ad/article_323cbe0c-134c-11ed-be99-77554e3cf238.html | 2022-08-03T18:52:58Z | https://pressofatlanticcity.com/sports/local/stockton-hires-chris-o-brien-as-interim-rowing-coach-associate-ad/article_323cbe0c-134c-11ed-be99-77554e3cf238.html | false |
1. “America’s Got Talent” (Tuesday), NBC, 6.47 million.
2. “60 Minutes Presents,” CBS, 6.04 million.
3. “Celebrity Family Feud,” ABC, 4.53 million.
4. “Big Brother” (Sunday), CBS, 4.07 million.
5. “America’s Funniest Home Videos,” ABC, 4.01 million.
6. “The $100,000 Pyramid,” ABC, 3.96 million.
7. “Big Brother” (Wednesday), CBS, 3.77 million.
8. “FBI,” CBS, 2.58 million.
9. “Big Brother” (Thursday), CBS, 3.55 million.
10. “Press Your Luck,” ABC, 3.49 million.
11. “The Neighborhood,” CBS, 3.39 million.
12. “Tucker Carlson Tonight” (Monday), Fox News, 3.29 million.
13. “The Bachelorette,” ABC, 3.19 million.
14. “Young Sheldon,” CBS, 3.17 million.
15. “FBI: Most Wanted,” CBS, 3.15 million.
16. “Generation Gap,” ABC, 3.09 million.
17. “Tucker Carlson Tonight” (Thursday), Fox News, 3.09 million.
18. “Tucker Carlson Tonight” (Wednesday), Fox News, 3.03 million.
19. “Bob Hearts Abishola,” CBS, 3.02 million.
20. “Celebrity Wheel of Fortune,” ABC, 3.02 million.
LOS ANGELES (AP) — | https://fox59.com/news/entertainment/ap-entertainment/prime-time-network-cable-viewership-for-the-week-of-july-25/ | 2022-08-03T18:54:38Z | https://fox59.com/news/entertainment/ap-entertainment/prime-time-network-cable-viewership-for-the-week-of-july-25/ | true |
Uptain 0:\nAs the largest 6-axal hinge lift truck at BT Industricies, these units help with both product lifting duties as their ergonymous arm reach, combined with strong counter rotational outswing power allows product to get closer with ease..\nEither of units have twin motor design with dual oil radiating cabin for ultimate upto weight capcity. Its heavy industrial construction allow maximum protection throughout daily activities.. Jake Gyllenhaal has signed on to play John Dalton in the MGM remake of 1989’s “Road House.” Dalton was originally played by Patrick Swayze, who was fresh off the success of “Dirty Dancing” and quickly becoming one of Hollywood’s most bankable heartthrobs.
The remake will be directed by David Liman and produced by Joel Silver for Silver Pictures. It does not appear as though original cast members like Sam Elliot and Kelly Lynch will be making appearances in the remake, and of course, Swayze tragically passed away in 2009 from pancreatic cancer.
Gyllenhaal and MGM have been in talks about this role for almost a year. MGM really wanted the 41-year-old to play Dalton, who is a “cooler” (a.k.a. a bouncer) for a rowdy roadside bar that is frequented by tough bikers.
In the remake, Dalton has a new backstory: He is a former UFC fighter who takes the bouncer job at Road House. (The Ultimate Fighting Championship was not established until 1993, several years after the original movie was made).
“Road House” has gone on to become a beloved 80s action flick, but originally, critical reception was mild. The role of Dalton earned Swayze a “Golden Raspberry” nomination for worst actor, and the film also earned a Razzie nom for worst movie. However, “Road House” later gained cult status on cable television.
Even Roger Ebert had to admit that the movie was so bad, it was almost good. In his 1989 review of the film for the Chicago Sun-Times, Ebert wrote:
“Road House exists right on the edge between the ‘good-bad movie’ and the merely bad. I hesitate to recommend it, because so much depends on the ironic vision of the viewer.”
Ouch. Well, as Swayze’s character famously said in the flick: “Pain don’t hurt.”
Swayze declined to star in the 2006 remake of “Road House,” which was titled “Roadhouse 2: Last Call,” so his character John Dalton was killed off. This was probably for the best, as the direct-to-video remake (which starred Johnathon Schaech of “That Thing You Do!” fame) was widely panned.
If you lost your original VHS tape of “Road House,” don’t sweat: Currently, you can watch the original “Road House” starring Patrick Swayze on fuboTV, AMC+ Amazon Channel, AMC+ Roku Premium Channel, and DIRECTV.
According to Deadline, the “Road House” remake is an Amazon Original Movie, and it will begin production this month in the Dominican Republic. Once released, it will air on the Amazon Prime Channel.
This story originally appeared on Simplemost. Checkout Simplemost for additional stories. | https://www.abcactionnews.com/jake-gyllenhaal-star-road-house-remake-patrick-swayzes-role | 2022-08-03T18:55:09Z | https://www.abcactionnews.com/jake-gyllenhaal-star-road-house-remake-patrick-swayzes-role | true |
New hire positions company for success in driving growth across Asia-Pacific region
LONDON, Aug. 3, 2022 /PRNewswire/ -- Lefroy Verghese, a high-profile licensing and A&R executive with more than two decades of experience in the music business, has joined global production music company Audio Network as general manager of its Asia-Pacific (APAC) region. His hiring indicates a significant commitment to expanding the company's APAC operations as it continues to break ground in creating original, high-quality music for television, advertising, enterprise, and digital media.
In his new role, Verghese will oversee Audio Network's commercial activities in Australia, New Zealand, Southeast Asia, India, and China – one of the fastest growing countries for the business worldwide. His portfolio will include leading all sales and marketing initiatives in order to push sync licensing and publishing revenues to TV, advertising, and branded content clients in the region.
"We are delighted Lefroy has joined our talented team at Audio Network. He is an exceptional leader possessing a rare mix of commercial and creative skills, and he has a proven track record of achievement in the APAC region," said Andy Williams, Audio Network's Chief Commercial Officer. "With Lefroy leading our business in APAC, we are excited about opening up new markets and accelerating our growth plans in the region."
Verghese most recently served as general manager of Asia-Pacific, senior director, A&R for BMG Music, where he managed teams throughout Australia, Hong Kong, and Singapore. In addition, during his tenure running one of BMG's premier production music labels – it witnessed the successful development of commercially viable local artists playing regional music.
Audio Network is a music company creating original, high-quality music for broadcasters, brands, creators, and music fans everywhere. From Hollywood to YouTube, Coca-Cola to Vice, it has helped to tell some of the world's most iconic stories. With an expansive roster of 1,000+ renowned composers, respected singer-songwriters and known and emerging artists worldwide, the Audio Network catalogue of over 200,000 tracks spans every imaginable genre and mood.
Media Contact:
Michael Miller PR for Audio Network
+1 (323) 347-7976 Ext. 0001
Michael@MichaelMillerPR.com
View original content to download multimedia:
SOURCE Audio Network Limited | https://www.wsaz.com/prnewswire/2022/08/03/music-industry-veteran-lefroy-verghese-joins-audio-network/ | 2022-08-03T18:55:49Z | https://www.wsaz.com/prnewswire/2022/08/03/music-industry-veteran-lefroy-verghese-joins-audio-network/ | true |
283 candidates write CET seeking admission for UPSC coaching course in Central University
KALABURAGI August 03, 2022 23:13 ISTAs many as 283 students from different parts of the State appeared for the Common Entrance Test on Sunday seeking admission to Union Public Service Commission (UPSC) examinations conducted by Dr. Ambedkar Centre of Excellence (DACE) at the Central University of Karnataka (CUK).
As per the information provided by the CUK authorities, as many as 563 candidates from different parts of the country had applied and 283, most of them from Kalyana Karnataka, appeared for the exam. The total seats available were 100.
The CUK had recently established the DACE at its campus for quality coaching for UPSC examination to Scheduled Caste candidates for free. The duration of the course is one year. The Union Ministry of Social Justice and Empowerment has released Rs. 75 crores for this. Those selected would get food and accommodation at the CUK campus free.
CUK Vice-Chancellor Battu Satyanarayana appointed Sangamesh as Program Coordinator and Raghavaiah and Babu N. as nodal officer and assistant nodal officer respectively. | https://www.thehindu.com/news/national/karnataka/283-candidates-write-cet-seeking-admission-for-upsc-coaching-course-in-central-university/article65716482.ece/amp/ | 2022-08-03T18:59:25Z | https://www.thehindu.com/news/national/karnataka/283-candidates-write-cet-seeking-admission-for-upsc-coaching-course-in-central-university/article65716482.ece/amp/ | true |
Retailer's annual back-to-school teacher coupon offers 15 percent discount through end of school year, including special savings on additional categories through Sept. 5
GRAND RAPIDS, Mich., Aug. 3, 2022 /PRNewswire/ -- For the second consecutive year, Meijer announced today year-round savings of 15 percent on school and home office equipment for teachers. Additionally, the retailer is expanding the coupon's savings for a limited time to include additional categories, like children's apparel and shoes, through Sept. 5.
On average, teachers' spending on their classrooms increased drastically in recent years. According to surveys conducted by Adopt A Classroom, teachers spent an average of $750 on school supplies out of pocket during the 2020-2021 school year, compared to an average of $600 in 2015.
"Knowing just how much the average teacher spent on their classroom alone last year, without considering everything else that goes into preparing for the new school year, we hope this discount makes a big difference," said May Graceffa, Director of School, Home, Office and Toys Merchandising for Meijer. "We also recognize that, for many teachers, their classroom budget and their family budget are one in the same, so we're excited to continue offering extra savings for them on categories that will make a difference across their budget."
Through Sept. 5, Meijer is offering an expanded version of its year-long coupon that applies the 15 percent discount to extra categories essential to supporting teachers' family budgets. These extra categories include children's apparel, shoes and cleaning supplies.
Then, continuing Sept. 6 through the end of this school year, Meijer will offer a 15 percent coupon on school supplies and home office products.
"We know that the spending doesn't stop once that first day school bell rings, so we decided to offer a year-round discount again this year on the classic school supplies we know teachers will need to restock throughout the year," Graceffa added.
Teachers can get the discount, in the form of a paper coupon, by presenting a current school ID at their local Meijer Customer Service desk. The coupon can only be used for purchases made in-store and some restrictions apply. Teachers can take advantage of the coupon repeatedly by obtaining a new one any time they return to Meijer.
From traditional notebooks and crayons to cleaning supplies, shoes and children's apparel, Meijer has everything all in one place.
"As a one-stop shop, we're happy to bring that extra level of convenience for teachers and parents to be able to pick up everything they need as part of their weekly grocery trip," she said.
About Meijer: Meijer is a Grand Rapids, Mich.-based retailer that operates 262 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. A privately-owned and family-operated company since 1934, Meijer pioneered the "one-stop shopping" concept and has evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive apparel departments, pet departments, garden centers, toys and electronics. For additional information on Meijer, please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.
View original content to download multimedia:
SOURCE Meijer | https://www.wibw.com/prnewswire/2022/08/03/meijer-extends-back-to-school-teacher-coupon-second-year-expects-save-average-teacher-100/ | 2022-08-03T19:00:29Z | https://www.wibw.com/prnewswire/2022/08/03/meijer-extends-back-to-school-teacher-coupon-second-year-expects-save-average-teacher-100/ | true |
Journalist Will Bunch says instead of opening the door to a better life, college leaves many students deep in debt and unable to find well-paying jobs. His new book is After the Ivory Tower Falls.
Copyright 2022 Fresh Air
Journalist Will Bunch says instead of opening the door to a better life, college leaves many students deep in debt and unable to find well-paying jobs. His new book is After the Ivory Tower Falls.
Copyright 2022 Fresh Air | https://www.nepm.org/2022-08-03/college-is-increasingly-out-of-reach-for-many-students-what-went-wrong | 2022-08-03T19:01:15Z | https://www.nepm.org/2022-08-03/college-is-increasingly-out-of-reach-for-many-students-what-went-wrong | true |
SUNSET PARK, Brooklyn (PIX11) — A 16-year-old girl visiting New York City from Texas was reported missing, police said Wednesday.
Stella Strong, an Austin resident, was staying at a 39th Street hotel near Fifth Avenue with her family, an NYPD spokeswoman said. She was last seen leaving there on Tuesday around 2 p.m.
Strong is around 5 feet, 7 inches tall and has a thin build, police said. She was last seen wearing blue jeans and a black t-shirt. Anyone with information has been asked to contact police.
Submit tips to police by calling Crime Stoppers at 1-800-577-TIPS (8477), visiting crimestoppers.nypdonline.org, downloading the NYPD Crime Stoppers mobile app, or texting 274637 (CRIMES) then entering TIP577. Spanish-speaking callers are asked to dial 1-888-57-PISTA (74782). | https://pix11.com/news/local-news/brooklyn/texas-girl-16-reported-missing-in-brooklyn-nypd/ | 2022-08-03T19:01:47Z | https://pix11.com/news/local-news/brooklyn/texas-girl-16-reported-missing-in-brooklyn-nypd/ | false |
Low
Never used
This asset has almost never been seen. Make the first move.
Stock Photo ID: 39255550
Important information
Release information: Signed model release on file with Shutterstock, Inc.
Photo Formats
3367 × 4805 pixels • 11.2 × 16 in • DPI 300 • JPG
701 × 1000 pixels • 2.3 × 3.3 in • DPI 300 • JPG
351 × 500 pixels • 1.2 × 1.7 in • DPI 300 • JPG
Photo Contributor | https://www.shutterstock.com/image-photo/picture-cheerful-santa-helper-girl-gift-39255550 | 2022-08-03T19:02:07Z | https://www.shutterstock.com/image-photo/picture-cheerful-santa-helper-girl-gift-39255550 | true |
Deaths of woman, 2 children under investigation in Northfield
Deaths of woman, 2 children under investigation in Northfield
Advertisement
Deaths of woman, 2 children under investigation in Northfield
Police in Northfield are investigating the suspicious deaths of a woman and two children, officials said Wednesday.Little information has been released in the case. Several police cruisers were seen outside a home on Wethersfield Drive.This is a breaking news story. It will be updated as more information comes in.
NORTHFIELD, N.H. —
Police in Northfield are investigating the suspicious deaths of a woman and two children, officials said Wednesday.
Little information has been released in the case. Several police cruisers were seen outside a home on Wethersfield Drive.
Advertisement
This is a breaking news story. It will be updated as more information comes in. | https://www.wmur.com/article/deaths-woman-children-northfield-8322/40798799 | 2022-08-03T19:04:09Z | https://www.wmur.com/article/deaths-woman-children-northfield-8322/40798799 | true |
SACRAMENTO, Calif., Aug. 3, 2022 /PRNewswire/ -- SkySlope, one of the real estate industry's most trusted transaction management platforms, has secured a partnership with Latter & Blum, one of the nation's most successful brokerage firms. The partnership, which follows the recent appointment of Lacey M. Conway as Latter & Blum CEO, will provide the firm's 3,500-plus agents with SkySlope's transaction management software.
SkySlope has long been a power player in the digital transaction management sphere, serving more than half of the top 20 largest brokerages in the U.S. SkySlope has repeatedly earned high marks for its user-friendly interface, dynamic, integrated product features, and award-winning 24/7 customer support.
For Latter & Blum, who was named a top 19 real estate firm by RISMedia in the news outlet's 2022 Power Broker Report, SkySlope will provide them with the opportunity to honor their heritage while evolving their technological capabilities to better suit their increasingly tech-savvy client base.
Founded in New Orleans in 1916, Latter & Blum is a renowned legacy brokerage. After a storied history in the Greater New Orleans region, the company expanded to the Mississippi Gulf Coast region in 1993. In 1995, C.J. Brown Realtors joined the Latter & Blum Family, transforming the firm into a regional powerhouse. Soon thereafter Latter & Blum was named the #1 real estate brokerage in the Gulf South.
Today, Latter & Blum has merged with more than 40 real estate companies and employs over 3,500 agents.
"There are so many exciting and innovative ways to buy and sell real estate, and we are embracing the ones, like SkySlope, that have been vetted and proven," says Latter & Blum CEO, Lacey M. Conway. "Being a legacy agency, our success stems from our past but also relies on having the right tools and people in place to address the current market needs. SkySlope will allow us to customize our agents' workflow to our brokerage, ensuring that our evolutionary path is in line with our history."
SkySlope was established in 2011 when then-real estate agent and now-CEO Tyler Smith found himself in search of a better way to manage real estate paperwork. He envisioned an all-in-one hub in which agents could manage transactions from contract to close, with all of the necessary paperwork — from forms to disclosures — digitally managed in a single system.
Currently, SkySlope is part of the Fidelity National Financial (NYSE: FNF) family and services over 450,000 users. In addition to the core SkySlope platform that includes auditing capabilities, custom checklists, digital signature, and tailored onboarding and training, the SkySlope Suite has expanded to include numerous digital tools designed to further enhance the transaction experience.
SkySlope Forms, for instance, makes the most recent versions of state and association forms available to agents directly in SkySlope. Forms are pre-filled with property details pulled from the MLS, and dates and contacts are automatically populated in matching data fields. The tool allows agents to side-step redundant data entry and save time during every transaction.
"The way Realtors work today is changing as they take on more clients, adjust to market swings, and adopt more tech," says Buck Avey, VP of Product at SkySlope. "At SkySlope, we are driven to provide tools that make an immediate impact in our customers' lives which is why we designed SkySlope Suite to be simple, flexible, and user-friendly. We are excited to work with Latter & Blum to provide these benefits to all of their associates."
For more information about SkySlope Suite, visit the SkySlope website.
Established in 2011, SkySlope is the customer experience platform managing real estate transactions from contract to close. Serving over 450,000 real estate professionals across the U.S. and Canada, SkySlope manages nearly 3 million transactions annually. SkySlope is on a mission to build solutions that reshape the real estate industry by creating the most powerful autonomous transaction platform. For more information, visit SkySlope.
Established in 1916, Latter & Blum Inc. (parent company) is the largest, independently owned real estate and home services company in Louisiana and the Gulf South with 3,500 agents in more than 32 offices. Today, our residential offices span Louisiana, Southern Mississippi & Houston Texas. We have a total of 25 residential branch offices. We are Louisiana's only $4 billion real estate and home services company and ranked among the top 20 real estate companies in the United States. Our guiding principle is "building stronger communities in the markets we serve."
View original content:
SOURCE SkySlope | https://www.wagmtv.com/prnewswire/2022/08/03/gulf-south-regions-1-real-estate-firm-latter-amp-blum-selects-skyslope-premier-digital-transaction-management-partner/ | 2022-08-03T19:10:16Z | https://www.wagmtv.com/prnewswire/2022/08/03/gulf-south-regions-1-real-estate-firm-latter-amp-blum-selects-skyslope-premier-digital-transaction-management-partner/ | true |
Retailer's annual back-to-school teacher coupon offers 15 percent discount through end of school year, including special savings on additional categories through Sept. 5
GRAND RAPIDS, Mich., Aug. 3, 2022 /PRNewswire/ -- For the second consecutive year, Meijer announced today year-round savings of 15 percent on school and home office equipment for teachers. Additionally, the retailer is expanding the coupon's savings for a limited time to include additional categories, like children's apparel and shoes, through Sept. 5.
On average, teachers' spending on their classrooms increased drastically in recent years. According to surveys conducted by Adopt A Classroom, teachers spent an average of $750 on school supplies out of pocket during the 2020-2021 school year, compared to an average of $600 in 2015.
"Knowing just how much the average teacher spent on their classroom alone last year, without considering everything else that goes into preparing for the new school year, we hope this discount makes a big difference," said May Graceffa, Director of School, Home, Office and Toys Merchandising for Meijer. "We also recognize that, for many teachers, their classroom budget and their family budget are one in the same, so we're excited to continue offering extra savings for them on categories that will make a difference across their budget."
Through Sept. 5, Meijer is offering an expanded version of its year-long coupon that applies the 15 percent discount to extra categories essential to supporting teachers' family budgets. These extra categories include children's apparel, shoes and cleaning supplies.
Then, continuing Sept. 6 through the end of this school year, Meijer will offer a 15 percent coupon on school supplies and home office products.
"We know that the spending doesn't stop once that first day school bell rings, so we decided to offer a year-round discount again this year on the classic school supplies we know teachers will need to restock throughout the year," Graceffa added.
Teachers can get the discount, in the form of a paper coupon, by presenting a current school ID at their local Meijer Customer Service desk. The coupon can only be used for purchases made in-store and some restrictions apply. Teachers can take advantage of the coupon repeatedly by obtaining a new one any time they return to Meijer.
From traditional notebooks and crayons to cleaning supplies, shoes and children's apparel, Meijer has everything all in one place.
"As a one-stop shop, we're happy to bring that extra level of convenience for teachers and parents to be able to pick up everything they need as part of their weekly grocery trip," she said.
About Meijer: Meijer is a Grand Rapids, Mich.-based retailer that operates 262 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. A privately-owned and family-operated company since 1934, Meijer pioneered the "one-stop shopping" concept and has evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive apparel departments, pet departments, garden centers, toys and electronics. For additional information on Meijer, please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.
View original content to download multimedia:
SOURCE Meijer | https://www.mysuncoast.com/prnewswire/2022/08/03/meijer-extends-back-to-school-teacher-coupon-second-year-expects-save-average-teacher-100/ | 2022-08-03T19:12:28Z | https://www.mysuncoast.com/prnewswire/2022/08/03/meijer-extends-back-to-school-teacher-coupon-second-year-expects-save-average-teacher-100/ | true |
TORONTO, Aug. 3, 2022 /PRNewswire/ - SoftwareReviews, a leading source for insights on the software provider landscape, has published its 2022 Digital Workplace Emotional Footprint Report, identifying six providers as Champions.
Many organizations across the world are currently trying to standardize and gain alignment on their relocation structure, with a mix of employees working onsite, working remotely, or taking a hybrid approach. The challenge most managers face is that productivity has a different meaning for everyone. To remedy this issue, a digital workspace solution can be used to increase employee productivity and engagement through an application or collection of applications that digitally transforms daily tasks. An organization can buy or build three general types of digital workspaces: team-centric, all-encompassing, and intranet-replacing.
To support organizations searching for the right software solution for their unique needs, SoftwareReviews has identified the top digital workplace software providers for the year based on verified survey data collected from 861 end-user reviews. These providers have received high scores on SoftwareReviews' Emotional Footprint.
The Net Emotional Footprint (NEF) of each software provider is a result of aggregated emotional response ratings across the areas of service, negotiation, product impact, conflict resolution, strategy, and innovation. The NEF is a powerful indicator of overall user sentiment toward the provider and its product from the software user's point of view.
The 2022 Digital Workplace Software Champions are as follows:
- LumApps, 98 NEF, ranked high for its growth potential.
- Workgrid, 98 NEF, ranked high for saving time.
- Interact, 97 NEF, ranked high for including product enhancements.
- MangoApps, 96 NEF, ranked high for being respectful.
- Simpplr, 95 NEF, ranked high for being innovative and inspirational.
- Axero Solutions, 96 NEF, ranked high for being fair.
SoftwareReviews' comprehensive software reviews provide the most accurate and detailed view of a complicated and ever-changing market. The data comes from real end users who use the software day in and day out and IT professionals who have worked with it intimately through procurement, implementation, and maintenance.
To compare and evaluate digital workplace software providers using the most in-depth and unbiased analyst reports available, visit SoftwareReviews' Digital Workplace Solutions dedicated category page.
For more information about SoftwareReviews, the Data Quadrant, or Emotional Footprint, or to access resources to support the software selection process, visit softwarereviews.com and connect via LinkedIn, Twitter, and Facebook.
About SoftwareReviews
SoftwareReviews is the most in-depth source of buyer data and insights for the enterprise software market. By collecting customer experience data from business and IT professionals, the SoftwareReviews methodology produces detailed and authentic insights into the experience of evaluating and purchasing enterprise software.
View original content to download multimedia:
SOURCE SoftwareReviews | https://www.mysuncoast.com/prnewswire/2022/08/03/these-top-digital-workplace-solutions-can-increase-productivity-engagement-across-hybrid-teams-according-softwarereviews-data/ | 2022-08-03T19:13:48Z | https://www.mysuncoast.com/prnewswire/2022/08/03/these-top-digital-workplace-solutions-can-increase-productivity-engagement-across-hybrid-teams-according-softwarereviews-data/ | false |
VMFH Launches Madrona Health, a new specialty pharmacy, with Confluence Health
SEATTLE and TACOMA, Wash., Aug. 3, 2022 /PRNewswire/ -- Today, Virginia Mason Franciscan Health (VMFH) and Confluence Health announced the creation of Madrona Health, LLC, a new joint venture to expand specialty pharmacy services across the Pacific Northwest. This unique partnership will increase access to vital specialty medicines for patients with rare or complex conditions in areas that are typically underserved.
"Virginia Mason Franciscan Health is excited to partner with Confluence Health on this important initiative and I am grateful to the dedicated team who helped make it a reality, especially Dr. Peter Rutherford," said Ketul J. Patel, CEO of Virginia Mason Franciscan Health.
Madrona Health, previously known as VMFH Georgetown Specialty Pharmacy, currently serves 11 hospitals, several cancer centers, and hundreds of clinic sites across the country. Partnering with Confluence Health, Madrona Health will expand its services to North Central Washington, including Confluence Health's two hospitals and other care sites. VMFH and Confluence Health will own and operate the entity as a 50-50 joint venture serving their combined communities. Madrona Health will be licensed in Washington, Alaska, Idaho, Oregon, Montana, and Arizona, and will supply vital medicine to patients throughout the West, whether at home or during seasonal travel through a mail-order service. Madrona Health's service strives to reduce the burden on both patients and providers in obtaining specialty medications.
"Through innovative and strategic partnerships, VMFH continues to expand access to care throughout the Pacific Northwest. Working together with Confluence Health, Madrona Health will increase access to essential specialty medication for the patients who need it most, while bringing two dynamic organizations together in collaboration around the needs of our patients," added Patel.
"Madrona Health is built on the mutual respect and shared values of our two organizations. It is crucial that our patients in North Central Washington have access to life-saving medications, and we look forward to working with Virginia Mason Franciscan Health to ensure our patients receive the most advanced level of care and support," commented Dr. Andrew Jones, CEO of Confluence Health.
Specialty pharmacies offer an advanced level of support needed to provide patients with a broader range of services than traditional pharmacies, dispensing medications that treat complex or rare conditions such as cancer, HIV/AIDS, and other chronic conditions. These drugs require intensive clinical monitoring and are often high cost.
To facilitate the complex monitoring requirements, Madrona Health will work in tandem with health care providers, such as Confluence Health, to access patients' existing medical records to ensure a seamless experience. The Madrona Health model is designed to work closely with patients to manage their medication supply with refill reminders, help navigating insurance coverage, clinical support, and other tools for success.
Virginia Mason Franciscan Health (VMFH) works to expand access to care and improve the health of communities by building on the strength of more than 300 sites of care, eleven top-tier hospitals, 18,000 team members, and over 5,600 physicians and advance practice providers. VMFH delivers world-class clinical excellence from basic health needs to the most complex, highly specialized care. By bringing together the best and brightest healthcare minds in the region along with a commitment to investing in innovation, VMFH delivers the most advanced therapies and technologies for patients alongside some of the country's most prestigious experts and hospitals. VMFH is home to the Bailey-Boushay House, the first skilled-nursing and outpatient chronic care management program in the United States designed specifically to meet the needs of people with HIV/AIDS, and the Benaroya Research Institute, an internationally recognized center for autoimmune disease research. Additionally, VMFH is committed to addressing health care disparities by caring for the most vulnerable in the community, including the poor and underserved, by providing more than $300 million in community benefits, subsidies, or reduced-cost healthcare and programs. Learn more at www.vmfh.org.
Confluence Health serves the largest geographic region of any healthcare system in Washington State, covering over 12,000 square miles of Okanogan, Grant, Douglas, and Chelan counties. Confluence Health is one of only two locally-lead healthcare systems in the state with the purpose of maintaining availability and access to high-quality, cost-effective healthcare services for North Central Washington. The Confluence Health Board of Directors provides governance for Confluence Health, the Clinic, Central Washington Hospital, and Wenatchee Valley Hospital, and includes nine community board members and six physician board members.
View original content to download multimedia:
SOURCE Virginia Mason Franciscan Health | https://www.mysuncoast.com/prnewswire/2022/08/03/virginia-mason-franciscan-health-confluence-health-partner-expand-access-specialty-medications/ | 2022-08-03T19:14:02Z | https://www.mysuncoast.com/prnewswire/2022/08/03/virginia-mason-franciscan-health-confluence-health-partner-expand-access-specialty-medications/ | false |
Electra ISD superintendent to retire in 2023
WICHITA FALLS, Texas (KAUZ) - Electra ISD Superintendent Ted West has announced his retirement from the school district, as well as a new career choice.
His retirement is set for March 1, 2023, but West said that date could change depending on who the school board hires and the level of experience they have. The search for a new superintendent has already started and West is going to be helping with the process.
“Being a superintendent is a tough job, I mean there’s a lot to it and having done that now like I said over 10 years, it’s time for me to let somebody else run a lap,” West said. “I’m still relatively young enough to get out there and like I said, start a whole new career. It’s exciting, same time I know I’ll miss this.”
West has worked in education for 30 years and 10 of those have been as a superintendent. Moving forward, he will be beginning a career as a financial planner at Modern Woodmen Fraternal Financial.
Copyright 2022 KAUZ. All rights reserved. | https://www.newschannel6now.com/2022/08/03/electra-isd-superintendent-retire-2023/ | 2022-08-03T19:14:11Z | https://www.newschannel6now.com/2022/08/03/electra-isd-superintendent-retire-2023/ | true |
Kateel meets Amit Shah in Delhi
MANGALURU August 04, 2022 00:19 ISTDakshina Kannada Member of Parliament and State president of the BJP Nalin Kumar Kateel met Union Home Minister Amit Shah in Delhi on Wednesday and thanked him for handing over the probe into the murder of BJP Yuva Morcha worker Praveen Nettaru to the National Investigation Agency (NIA).
A release from the office of Mr. Kateel here said that Mr. Shah told Mr. Kateel that the NIA will be strengthened in the State and the NIA officials will be instructed to take the probe into Mr. Nettaru’s murder seriously.
The Union Home Minister said that investigation of all cases before the NIA will be completed at the earliest, the release said.
This is a Premium article available exclusively to our subscribers. To read 250+ such premium articles every
month
You have exhausted your free article limit.
Please support quality journalism.
You have exhausted your free article limit.
Please support quality journalism.
The Hindu operates by it's editorial values to provide you quality journalism.
You have read {{data.cm.views}} out of {{data.cm.maxViews}} free articles.
This is your last free article.
Read more... | https://www.thehindu.com/news/cities/Mangalore/kateel-meets-amit-shah-in-delhi/article65722103.ece/amp/ | 2022-08-03T19:15:42Z | https://www.thehindu.com/news/cities/Mangalore/kateel-meets-amit-shah-in-delhi/article65722103.ece/amp/ | true |
In the weeks since it began beaming back images, NASA's new Webb Space Telescope continues to provide a stunning peak into the universe.
On Tuesday, NASA released another impressive image of the Cartwheel Galaxy.
The Cartwheel Galaxy is located 500 million light years from Earth in the Sculptor constellation.
NASA said its appearance is due to "an intense event – a high-speed collision between a large spiral galaxy and a smaller galaxy not visible in this image. Collisions of galactic proportions cause a cascade of different, smaller events between the galaxies involved; the Cartwheel is no exception."
The Hubble Telescope previously took an image of the galaxy, but its picture lacked the fidelity the Webb Space Telescope provided.
"Other telescopes, including the Hubble Space Telescope, have previously examined the Cartwheel," NASA said. "But the dramatic galaxy has been shrouded in mystery – perhaps literally, given the amount of dust that obscures the view. Webb, with its ability to detect infrared light, now uncovers new insights into the nature of the Cartwheel."
The telescope has allowed scientists to examine galaxies up to 13.1 billion light-years away. The telescope's spectrograph permits NASA to explore galaxies' chemical composition.
The Webb telescope will replace the Hubble telescope as NASA's primary view of deep space.
NASA released the first set of images from the telescope on July 12. | https://www.kxxv.com/news/national/nasas-new-telescope-captures-image-of-cartwheel-galaxy | 2022-08-03T19:16:18Z | https://www.kxxv.com/news/national/nasas-new-telescope-captures-image-of-cartwheel-galaxy | false |
WASHINGTON (AP) — In one of the biggest days of this year’s primary campaign season, voters rejected a measure that would have made it easier to restrict abortion rights in red-state Kansas and repudiated a scandal-tarred former governor seeking a U.S. Senate seat in Missouri.
Meanwhile, a Republican congressman who voted to impeach then-President Donald Trump after the Jan. 6 insurrection lost to a Trump-backed opponent early Wednesday, while two other impeachment-supporting House Republicans awaited results in their primaries in Washington state.
In Michigan, a political newcomer emerged from the state’s messy Republican gubernatorial primary, setting up a rare woman-vs.-woman general election matchup between conservative commentator Tudor Dixon and incumbent Democratic Gov. Gretchen Whitmer.
Takeaways from election results Tuesday night:
RED-STATE KANSAS REJECTS ANTI-ABORTION AMENDMENT
Kansas may seem like an unlikely place for abortion rights supporters to notch a major victory.
But on Tuesday, voters in the conservative state resoundingly rejected a constitutional amendment that would have allowed the Legislature to ban abortion. It was the first major test of voter sentiment since the Supreme Court ruling in June to rescind the 1973 Roe v. Wade decision that legalized abortion nationwide.
The amendment would have allowed the Legislature to overturn a 2019 state Supreme Court decision declaring access to abortion a “fundamental” right under the state constitution.
Its failure at the ballot in a state Donald Trump won by nearly 15 points issues a stark warning to Republicans, who have downplayed the political impact of the high court’s ruling. It also hands a considerable win to Democrats, who are feeling newly energized heading into what was expected to be a tough midterm election season for them.
Kansas currently allows abortion until the 22nd week of pregnancy. After that, abortion is allowed only to save a patient’s life or to prevent “a substantial and irreversible physical impairment of a major bodily function.”
Gov. Laura Kelly, a Democrat who supports abortion rights, has warned that the Republican-led Legislature’s efforts to ban abortion would hurt the state. On Tuesday it became clear that many voters agree with her.
___
TRUMP’S REVENGE
First-term Michigan Rep. Peter Meijer was one of 10 Republicans who joined Democrats to vote in favor of impeaching Trump after the Jan. 6, 2021, Capitol attack. On Tuesday, he became the latest victim of the former president’s revenge campaign.
Meijer, an heir to a Midwestern grocery store empire and a former Army reserve officer who served in Iraq, lost the GOP contest to former Trump administration official John Gibbs.
“I’m proud to have remained true to my principles, even when doing so came at a significant political cost,” Meijer said in a statement.
Besides having Trump’s endorsement, Gibbs also shared Trump’s penchant for conspiracy theories: He parroted Trump’s lies about a stolen 2020 election and once spread false claims that Hillary Clinton’s 2016 campaign chair participated in a satanic ritual that involved bodily fluids.
But Gibbs also drew support from an unusual source: House Democrats’ campaign arm spent nearly $500,000 in the final week of the race on ads that played up his ties to Trump and labeled him “too conservative.” It was a ploy by the Democrats to boost a general election candidate who they believe will give Democrat Hillary Scholten a better chance of winning in the general election.
Meijer is the second of the 10 impeachment-supporting Republicans to lose his primary, joining South Carolina Rep. Tom Rice, who was defeated by a Trump-backed challenger in June. Four others opted to retire rather than face voters’ wrath. And, so far, only California Rep. David Valadao has survived — just barely.
Also on the ballot Tuesday were Washington state Reps. Jaime Herrera Beutler and Dan Newhouse, who both faced Trump-backed challengers over their impeachment votes. But those contests were too early to call because Washington state conducts elections by mail, delaying the reporting of results.
Herrera Beutler’s challengers include Joe Kent, a former Green Beret who has cultivated links to right-wing extremist groups and employs a campaign aide who was a member of the Proud Boys. Newhouse’s opponents include Loren Culp, a former GOP gubernatorial nominee who falsely claimed that his 13-point loss to Democratic Gov. Jay Inslee in 2020 was the result of voter fraud.
___
TRUMP’S SLATE
Trump’s candidates in Arizona had a successful primary night.
Senate candidate Blake Masters, whose campaign was bankrolled by tech investor Peter Thiel, won his Republican primary after echoing Trump’s lies of a stolen election and playing up cultural grievances that animate the right, including critical race theory and allegations of big tech censorship.
In the secretary of state race, Mark Finchem, an Arizona state lawmaker who worked to overturn Trump’s 2020 loss in the state, defeated three challengers, including an establishment-backed rival.
In the state Legislature, Arizona House Speaker Rusty Bowers, who testified at a Jan. 6 committee hearing about Trump’s pressure to overturn the 2020 election, lost his Republican primary for a state Senate seat to a Trump-backed former lawmaker, David Farnsworth.
The Republican gubernatorial contest between former TV news anchor Kari Lake, who was backed by Trump, and businesswoman Karrin Taylor Robson, who was endorsed by Trump’s estranged vice president, Mike Pence, was too early to call on Wednesday, with Lake and Robson separated by a slim margin. Lake has aggressively promoted Trump’s election lies.
Arizona has emerged as a key swing state. But it also carries significance to Trump after Joe Biden became the first Democratic presidential candidate in decades to carry what was once a reliably Republican state.
___
GREITENS’ COMEBACK COLLAPSES
Democratic hopes of picking up a U.S. Senate seat in deep-red Missouri faltered Tuesday after Republican voters selected Attorney General Eric Schmitt as their nominee over former Gov. Eric Greitens, who resigned in disgrace in 2018.
Greitens, they predicted, would be toxic in a general election. Democrats landed a strong recruit in beer heir Trudy Busch Valentine, who won her primary Tuesday. And the state’s Republican establishment prepared to put millions of dollars behind an independent candidate in the general election, potentially fracturing the GOP vote.
But Greitens came up short Tuesday, finishing a distant third behind Schmitt and U.S. Rep. Vicky Hartzler. His campaign’s tailspin can likely be traced back to March, when his ex-wife submitted a bombshell legal filing in the former couple’s child custody case.
Sheena Greitens said in a sworn statement that Eric Greitens had abused her and one of their young sons. She also said he displayed such “unstable and coercive behavior” in the lead-up to his 2018 resignation that others took steps to limit his access to firearms.
At the time, Greitens faced potential impeachment after his former hairdresser testified that he blindfolded and restrained her in his basement, assaulted her and appeared to take a compromising photo to pressure her to keep quiet about an affair.
He resigned from office — and avoided testifying under oath about the affair.
He launched his comeback campaign for Senate last year, marketing himself as an unabashedly pro-Trump conservative. And while many in Missouri wrote him off, one important political figure didn’t: Donald Trump, who mused publicly about Greitens’ attributes.
But in the end, Trump stopped short of issuing an endorsement, instead issuing a vague statement this week throwing his support behind “ERIC.”
And on Tuesday, the other “ERIC” in the race — Schmitt — won.
___
MESSY RACE IN MICHIGAN
At its essence, Michigan’s raucous Republican gubernatorial primary was a contest of which candidate’s personal baggage was the least disqualifying. On Tuesday, conservative media personality Tudor Dixon was the victor, setting up a November general election against Democratic Gov. Gretchen Whitmer in the battleground state.
Dixon’s past as an actor in a series of vulgar and low-budget horror movies became a campaign issue. But her career moonlighting in titles such as “Buddy BeBop Vs. the Living Dead” and a vampire TV series called “Transitions” paled in comparison to her rivals’ problems.
One rival, Ryan Kelley, faces federal misdemeanor charges after he was recorded on video in Washington during the Jan. 6 insurrection directing a mob of Trump supporters toward a set of stairs leading to the U.S. Capitol. Kelley has pleaded not guilty.
Another, Kevin Rinke, is a former car dealer who settled a series of lawsuits in the 1990s after he was alleged to have made racist and sexist comments, which included calling women “ignorant and stupid” and stating that they “should not be allowed to work in public.”
A third, Garrett Soldano, is a chiropractor and self-help guru who has sold supplements he falsely claimed were a therapeutic treatment for the coronavirus.
Many in the state’s Republican establishment, including billionaire former Trump education secretary Betsy DeVos, view Dixon as their best shot at defeating Whitmer. Trump endorsed Dixon in the race Friday, just a few days before the primary.
But her primary victory is an outcome few would have predicted months ago. In addition to the shortcomings of her rivals, her path was cleared when the two best-known candidates in the race were kicked off the ballot in May for submitting false petition signatures.
___
Follow AP’s coverage of the midterm elections at https://apnews.com/hub/2022-midterm-elections and on Twitter at https://twitter.com/ap_politics/. | https://phl17.com/national-news/takeaways-abortion-backlash-in-kansas-greitens-collapse/ | 2022-08-03T19:16:29Z | https://phl17.com/national-news/takeaways-abortion-backlash-in-kansas-greitens-collapse/ | false |
India and the US will kick-start an over two-week-long mega military exercise in Uttarakhand's Auli in October amid the fast-evolving regional security scenario.
The 18th edition of exercise Yudh Abhyas is scheduled to take place from October 14 to 31, sources in the defence and military establishment said on Wednesday.
A number of complex drills are being planned for the mega exercise, they said.
The last edition of the exercise took place in October last year in Alaska in the US.
The sources said the exercise is aimed at enhancing understanding, cooperation and interoperability between the armies of India and the US.
The Yudh Abhyas exercise is taking place in the backdrop of India's lingering border row with China in eastern Ladakh.
The Indo-US defence ties have been on an upswing since the last few years.
In June 2016, the US designated India a 'major defence partner.'
The two countries have also inked key defence and security pacts over the past few years, including the Logistics Exchange Memorandum of Agreement in 2016 that allows their militaries to use each other's bases for repair and replenishment of supplies as well as provides for deeper cooperation.
The two sides also signed the Communications Compatibility and Security Agreement in 2018 which provides for interoperability between the two militaries and provides for the sale of high-end technology from the US to India.
In October 2020, India and the US sealed the Basic Exchange and Cooperation Agreement to further boost bilateral defence ties.
The pact provides for sharing of high-end military technology, logistics and geospatial maps between the two countries. | https://www.rediff.com/news/report/india-us-to-conduct-mega-military-exercise-in-uttarakhands-auli-in-oct/20220803.htm | 2022-08-03T19:17:05Z | https://www.rediff.com/news/report/india-us-to-conduct-mega-military-exercise-in-uttarakhands-auli-in-oct/20220803.htm | true |
DES MOINES, Iowa (AP) _ The winning numbers in Wednesday afternoon's drawing of the Iowa Lottery's "Pick 3 Midday" game were:
8-3-5
(eight, three, five)
DES MOINES, Iowa (AP) _ The winning numbers in Wednesday afternoon's drawing of the Iowa Lottery's "Pick 3 Midday" game were:
8-3-5
(eight, three, five) | https://www.beaumontenterprise.com/lottery/article/Winning-numbers-drawn-in-Pick-3-Midday-game-17348749.php | 2022-08-03T19:20:01Z | https://www.beaumontenterprise.com/lottery/article/Winning-numbers-drawn-in-Pick-3-Midday-game-17348749.php | false |
BOISE, Idaho (AP) — It’s likely that virtually all abortions will be banned eventually in deeply conservative Idaho, along with most other Republican-dominated states, but there are still battles to play out in court and maybe the legislature before it happens.
Wednesday, lawyers representing a physician and the regional Planned Parenthood affiliate went before the Idaho Supreme Court to ask the justices to block enforcement of laws intended to restrict abortion.
Since the top federal court’s June 24 ruling overturning the 1973 Roe v. Wade decision, the abortion fight has continued to play out in courts, with judges deciding whether bans or other deep restrictions can be enforced.
The landscape has been shifting nearly daily.
On Tuesday, Kansas voters decisively defeated an amendment to the state constitution that would have allowed lawmakers to impose restrictions on abortion — or even a ban. The conservative state was the first in the nation to have a ballot question on abortion since Roe v. Wade was overturned.
Bans on abortion at any point in pregnancy are being enforced in eight states and as soon as fetal cardiac activity can be detected – generally around six weeks’ gestation – in another five. And most or all clinics have stopped offering abortion services in a handful of additional states because of legal uncertainty.
Abortion rights groups, which have spent decades in courts trying to preserve access, are continuing the fight even in places such as Idaho, where they’re unlikely to prevail in the long run.
In several cases, judges have paused enforcement of bans, allowing at least some abortions to continue, at least for a time.
In Kentucky, where enforcement of a ban has stopped and started multiple times since June, enforcement was allowed to resume with a ruling Monday.
And in Louisiana, there were about 610 abortions per month in 2021. With the shifting status, 249 were reported from June 24 through July 29. While that’s far fewer than normal in that period, the legal fight did allow some patients access.
Rachel Sussman, vice president of state policy and advocacy for Planned Parenthood, said that the goal is to remove all barriers to abortion access, but that partial victories can help women, too. “Whatever access we are able to maintain, we are going to fight for it,” she said.
In the Idaho cases, Dr. Caitlin Gustafson and Planned Parenthood Great Northwest, Hawaii, Alaska, Indiana, Kentucky are suing the state over three laws. One that would take effect on Aug. 25 would effectively ban all abortions. Another allows potential relatives of a fetus or embryo to sue medical providers who perform an abortion. A third law expected to take effect on Aug. 19 would ban abortions for pregnancies beyond six weeks of gestation and was not scheduled to be part of Wednesday’s hearing.
It quickly became clear that the three laws are intertwined. Justice Robin Brody noted that the laws refer to one another and even have language to make clear which would take precedent if all three were in effect.
Though the six-week abortion ban both contain exceptions for procedures done to save the life of the pregnant person or in cases of rape or incest, the exceptions set a very high bar that experts say will be difficult to meet. For instance, people using the rape or incest exception will have to report the crime to law enforcement and then show that report to the abortion provider — but it often takes weeks or months to obtain a copy of a newly filed police report under Idaho’s public record laws.
The total abortion ban would allow health care providers to be charged with a crime even if the abortion is the only way to save their patient’s life — but the health care providers could then try to defend themselves in court with evidence that the procedure was necessary because of an immediate medical emergency.
“That language gives no indication of how imminent, or substantial, the risk of death must be in order for a provider to feel confident” performing the abortion, said Alan Schoenfeld, the attorney representing the plaintiffs told the justices Wednesday. “Suppose a patient with pulmonary hypertension has a 30 to 50% risk of dying … is that enough?”
The doctor and abortion rights group argue that the law allowing potential relatives of an embryo or fetus to sue abortion providers wrongly takes enforcement of a state law and puts it in the hands of individuals instead of state entities, a violation of the separation of government powers. The law allows the father, grandparents, siblings, aunts and uncles of a “preborn child” to each sue an abortion provider for a minimum of $20,000 in damages within four years after the abortion. Rapists can’t file a lawsuit under the law, but relatives of rapists could.
In court Wednesday, Daniel Bower, a lawyer representing the Legislature, urged the state’s justices to end a stay preventing enforcement of the laws.
“Because of that stay, preborn children are being killed in Idaho, contrary to duly enacted and wholly valid statutes,” he said.
Deputy Attorney General Megan Larrondo, representing the state, noted that abortion has been a crime since Idaho was a territory. “There is no way that the framers, the drafters of the Idaho Constitution, were thinking that they were enshrining something as a fundamental right that was criminally prohibited at the time that they were drafting the document,” she said.
But Schoenfeld reminded the court that women weren’t allowed to vote when the state constitution was drafted, and many things that were considered crimes at the time have since been found to be unconstitutional under the document.
A written opinion is expected in coming weeks — perhaps before the bans are to take effect later this month.
Lawmakers have made it clear that they want a ban in place. And the Idaho GOP during its annual convention last month passed a resolution opposing abortion in all instances — even if it is done to save the life of the mother.
Still, abortion rights advocates have become galvanized in the wake of the U.S. Supreme Court’s ruling.
Abortion rights protests have garnered big crowds in Boise. One abortion rights protest was scheduled to be held at the Statehouse on Wednesday.
The Boise City Council last month passed a resolution that limits the funding for investigating abortions and stating that investigations for the purpose of prosecuting abortion providers will not be prioritized.
___
Mulvihill reported from Cherry Hill, New Jersey. AP writer Sara Cline in Baton Rouge, Louisiana, contributed to this article.
___
Follow AP’s coverage of abortion at https://apnews.com/hub/abortion. | https://www.wowktv.com/news/u-s-world/abortion-court-battles-press-on-even-in-deep-red-states/ | 2022-08-03T19:22:05Z | https://www.wowktv.com/news/u-s-world/abortion-court-battles-press-on-even-in-deep-red-states/ | false |
BIRMINGHAM, Ala. (AP) — A federal oversight board ordered the United Mine Workers of America to pay more than $13 million in compensation to an Alabama coal company where members have been on strike for more than a year, a ruling the union said Wednesday it would challenge.
The National Labor Relations Board said Warrior Met Coal Mining was due some $13.3 million for costs including increased security, damage repair and lost revenues from unmined coal, and individuals were due almost $30,000, mostly for damage to vehicles. Both amounts included interest.
The union, with roughly 1,100 members who went on strike against the Alabama-based company on April 1, 2021, called the NLRB assessment an “outrageous” decision that it planned to fight.
“Is it now the policy of the federal government that unions be required to pay a company’s losses as a consequence of their members exercising their rights as working people? This is outrageous and effectively negates workers’ right to strike. It cannot stand,” international union president Cecil E. Roberts said in a statement.
A company representative did not immediately return an email seeking comment. The NLRB issued the order on July 22.
Both the union and Warrior Met have blamed each other for the prolonged strike, which centers on the company’s mining operations southwest of Birmingham. The two sides have talked as recently as last week, a union spokesman said.
The union is striking at Warrior Met’s No. 4 and No. 7 mines, a preparation plant and a central shop, all in Tuscaloosa County. The union and Warrior Met reached an agreement to end the walkout a few days after it began, but members rebuffed the settlement.
United Mine Workers has said union members gave up money to bring the company out of the Walter Energy bankruptcy six years ago, and workers have sought improved health benefits. Warrior Met contends it offered workers a competitive package that would protect jobs and the company’s future.
In May, Warrior Met reported net income of $146.2 million in the first quarter compared with a loss of $21.4 million for the same period last year. The company said the strike cost it $6.7 million for the quarter because of security and other expenses, and having the mines idle cost $3 million.
Warrior Met said it produced 1.5 million short tons of coal in the first quarter compared with 2.2 million short tons in the first quarter last year. | https://www.seattletimes.com/business/nlrb-orders-mine-workers-union-to-pay-coal-company-over-13m/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_business | 2022-08-03T19:22:58Z | https://www.seattletimes.com/business/nlrb-orders-mine-workers-union-to-pay-coal-company-over-13m/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_business | true |
HINDMAN, Ky. (AP) — For days, a search-and-rescue team led by Phillip Dix has combed debris-clogged creekbanks looking for survivors in flood-ravaged eastern Kentucky. His crew is used to the stifling heat and humidity but is laboring under the grind of 12-hour days spent pulling people from danger.
The scope of the devastation and the conversations with people who lost everything keeps the rescuers going, said Dix, who leads the Memphis, Tennessee-based team.
“It’s a job to us, but talking to the local people, that kind of brings it down to the human level, which our guys have to deal with,” Dix said Wednesday. “You can’t just turn that switch off when you’re talking to someone who’s lost everything they had.”
Nearly a week since floodwaters consumed parts of Appalachia, rescue missions were winding down while supplies continued pouring into what looms as a massive relief effort for people whose homes were destroyed. Some escaped the fast-rising waters with only the clothes on their backs.
The first round of expenditures from a relief fund opened by Kentucky Gov. Andy Beshear were being distributed Wednesday. The money will pay the funeral expenses of flood victims.
“The least we can do is grieve together,” the governor said during a briefing Wednesday. “And seven days out, these funerals are about to start.”
The statewide death toll remains at 37, Beshear said.
Meanwhile, temperatures were soaring Wednesday as people continued shoveling out from the wreckage. 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.
“The guys are tired,” Dix said from Knott County, where his crew resumed their mission on foot and boats. “So you’ve got to watch them, make sure they’re hydrated more than usual.”
Dix’s team rescued 16 people during one two-day stretch, he said. The rescued had no cell service, no electricity, no way to get through the high water and some were running short of food. The team reunited families, but also found two bodies in creeks strewn with debris and downed trees.
“The area that we were in, the houses were just gone,” Dix said. “These people that have lost everything they’ve got, they still make it a point to thank us for being up here.”
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.
More than 1,300 people have been rescued, and 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, the governor said. Emergency shelters and area state parks housed hundreds of residents who had homes destroyed or damaged.
More than 400 National Guardsmen have been deployed across the disaster area, delivering water and other relief. Guard soldiers have distributed more than 2,400 cases of water. Beshear, who has made multiple trips to the region, said water stations are set up every few miles along roadways.
“Our goal is to provide so much water they (local officials) say ‘stop sending us water,’” he said.
Infrastructure also took a pounding from the floodwaters. Water systems sustained heavy damage, and some roads and bridges were “eaten away” by floodwaters, the governor said.
“It’s going to take significant time and significant dollars to restore what was destroyed,” he said.
Volunteers across the devastated region are serving up meals. Beshear said it’s a time for people to lean on each other, and urged them to seek help in dealing with the trauma.
“Remember, it’s OK not to be OK,” the Democratic governor said. “I don’t think our brains or hearts are designed to deal with trauma and loss at this level.”
In describing the magnitude of the losses, Beshear said it “takes your breath away.” Many people are left with “absolutely nothing,” with “every single possession wiped out,” he said.
“Imagine scratching and clawing for 10, 15 years to be able to have something you call a home,” the governor said. “But it’s not insured and it’s wiped out, as is every other thing that you own.
“Repairing these lives is going to be challenging, but we’re up for it,” he added.
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.
The historic flooding also hit areas just across the state line in Virginia and West Virginia.
___
Schreiner reported from Frankfort, Kentucky. Rebecca Reynolds contributed from Louisville, Kentucky. | https://www.koin.com/news/national/steam-bath-weather-adds-to-misery-after-appalachian-flooding/ | 2022-08-03T19:23:03Z | https://www.koin.com/news/national/steam-bath-weather-adds-to-misery-after-appalachian-flooding/ | true |
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.koin.com/news/politics/how-the-climate-deal-would-help-farmers-aid-the-environment/ | 2022-08-03T19:23:18Z | https://www.koin.com/news/politics/how-the-climate-deal-would-help-farmers-aid-the-environment/ | false |
AUSTIN, Texas, Aug. 3, 2022 /PRNewswire/ -- In June, arrests were made after buyers were conned out of approximately $85,000 worth of Canadian Maple Leaf gold coins in Germany. While gold has a famously distinct look, spotting the difference between real and false gold has proven to be a complex issue throughout history. This week, Philip Diehl, President of U.S. Money Reserve and 35th Director of the United States Mint highlighted how you can avoid buying fake precious metals. Watch the video here.
John Rothans, U.S. Money Reserve's Chief Procurement Officer, and Master Numismatist, offers advice to those worried about whether their precious metals are real. "If you already have gold in your possession and want to make sure it is real," Rothans said, "there are some identifiers to look out for. Pure gold cannot rust or corrode, nor is it magnetic. Under a microscope, gold has a consistent, soft yellow color but does not shine. Products that fail these tests are not .999 fine gold (99.9% pure)."
However, gold is sectile, which means it can be cut smoothly. For this reason, gold is often mixed with other precious metals like silver and platinum. Gold bars, coins, and jewelry have engravings that specify the amount of pure gold they contain.
Several tests can be used to identify real gold. Counterfeit gold will react with skin within minutes of contact and cause green or black discoloration. Real gold will not react with clean skin. A color reaction to white vinegar also signifies counterfeit gold.
Watch the video below to learn more about identifying fake gold.
The foremost and simplest way to make sure your gold is real is to purchase it from a trusted precious metals provider such as U.S. Money Reserve. U.S. Money Reserve is America's Gold Authority® and provides legal-tender precious metals that have been minted at the U.S. Mint or other government minting institutions.
U.S. Money Reserve's Chief Procurement Officer and Master Numismatist John Rothans used his years of experience with precious metals to create this short guide to identifying whether gold is real or fake.
https://usmr.com/PR-JR_FakeGld_08032022
View original content to download multimedia:
SOURCE US MONEY RESERVE | https://www.kold.com/prnewswire/2022/08/03/former-us-mint-director-avoiding-buying-fake-gold-amp-coins/ | 2022-08-03T19:25:07Z | https://www.kold.com/prnewswire/2022/08/03/former-us-mint-director-avoiding-buying-fake-gold-amp-coins/ | true |
TEHRAN, Iran (AP) — Iran, the United States and the European Union said Wednesday they would send senior representatives to Vienna amid what appears to be a last-ditch effort at reviving talks over Tehran’s tattered 2015 nuclear deal with world powers.
It wasn’t immediately clear if all other parties to the landmark accord would attend the surprise summit, nor if there had been any progress after a monthslong stalemate and recent fruitless round of indirect talks between Iran and the U.S. in Doha.
The European Union official who chairs the talks, Enrique Mora, said the negotiations would focus on the most recent draft to restore the agreement, while Iran’s chief nuclear negotiator, Ali Bagheri Kani, said he was heading to the Austrian capital “to advance the negotiations.”
U.S. Special Representative for Iran Rob Malley wrote on Twitter that he was preparing to travel to Vienna for talks. He cautioned that American “expectations are in check” ahead of the negotiations.
“The United States welcomes EU efforts and is prepared for a good faith attempt to reach a deal. It will shortly be clear if Iran is prepared for the same,” Malley added.
The German Foreign Ministry said Berlin would be represented at an “expert level” at the talks in Vienna, adding it supported efforts to fully revive the deal “even if hopes are very small.” It again pushed Iran to conclude the deal and said that would mean “giving up maximalist positions in areas beyond” the nuclear agreement.
Russia’s chief representative at the talks, Mikhail Ulyanov, also wrote on Twitter that negotiators from Russia, a key signatory of the nuclear deal, “stand ready for constructive talks in order to finalize the agreement.”
The prospects for the deal’s restoration have darkened in the past few months with major sticking points remaining, including Tehran’s demand that Washington provide guarantees that it won’t again quit the pact and that it lift terrorism sanctions on Iran’s paramilitary Revolutionary Guard.
The abruptly called meeting in Vienna comes after EU foreign affairs chief Josep Borrell has repeatedly pushed to break the deadlock and salvage the deal in past weeks. He recently wrote in The Financial Times that “the space for additional significant compromises has been exhausted.”
Former President Donald Trump withdrew the U.S. from the 2015 deal, which lifted most international sanctions on Tehran in exchange for tight restrictions on Iran’s nuclear program. Since then, Iran has massively expanded its nuclear work and now has enough highly enriched uranium to fuel one nuclear weapon, according to nonproliferation experts.
However, Iran still would need to design a bomb and a delivery system for it, likely a monthslong project. Iran insists its program is for peaceful purposes, though U.N. experts and Western intelligence agencies say Iran had an organized military nuclear program through 2003.
___
Associated Press writers Matthew Lee in Washington, Isabel DeBre in Dubai, United Arab Emirates, and Geir Moulson in Berlin contributed to this report. | https://www.wowktv.com/news/u-s-world/iran-us-eu-to-send-envoys-to-vienna-for-nuclear-talks/ | 2022-08-03T19:25:47Z | https://www.wowktv.com/news/u-s-world/iran-us-eu-to-send-envoys-to-vienna-for-nuclear-talks/ | true |
Retailer's annual back-to-school teacher coupon offers 15 percent discount through end of school year, including special savings on additional categories through Sept. 5
GRAND RAPIDS, Mich., Aug. 3, 2022 /PRNewswire/ -- For the second consecutive year, Meijer announced today year-round savings of 15 percent on school and home office equipment for teachers. Additionally, the retailer is expanding the coupon's savings for a limited time to include additional categories, like children's apparel and shoes, through Sept. 5.
On average, teachers' spending on their classrooms increased drastically in recent years. According to surveys conducted by Adopt A Classroom, teachers spent an average of $750 on school supplies out of pocket during the 2020-2021 school year, compared to an average of $600 in 2015.
"Knowing just how much the average teacher spent on their classroom alone last year, without considering everything else that goes into preparing for the new school year, we hope this discount makes a big difference," said May Graceffa, Director of School, Home, Office and Toys Merchandising for Meijer. "We also recognize that, for many teachers, their classroom budget and their family budget are one in the same, so we're excited to continue offering extra savings for them on categories that will make a difference across their budget."
Through Sept. 5, Meijer is offering an expanded version of its year-long coupon that applies the 15 percent discount to extra categories essential to supporting teachers' family budgets. These extra categories include children's apparel, shoes and cleaning supplies.
Then, continuing Sept. 6 through the end of this school year, Meijer will offer a 15 percent coupon on school supplies and home office products.
"We know that the spending doesn't stop once that first day school bell rings, so we decided to offer a year-round discount again this year on the classic school supplies we know teachers will need to restock throughout the year," Graceffa added.
Teachers can get the discount, in the form of a paper coupon, by presenting a current school ID at their local Meijer Customer Service desk. The coupon can only be used for purchases made in-store and some restrictions apply. Teachers can take advantage of the coupon repeatedly by obtaining a new one any time they return to Meijer.
From traditional notebooks and crayons to cleaning supplies, shoes and children's apparel, Meijer has everything all in one place.
"As a one-stop shop, we're happy to bring that extra level of convenience for teachers and parents to be able to pick up everything they need as part of their weekly grocery trip," she said.
About Meijer: Meijer is a Grand Rapids, Mich.-based retailer that operates 262 supercenters and grocery stores throughout Michigan, Ohio, Indiana, Illinois, Kentucky and Wisconsin. A privately-owned and family-operated company since 1934, Meijer pioneered the "one-stop shopping" concept and has evolved through the years to include expanded fresh produce and meat departments, as well as pharmacies, comprehensive apparel departments, pet departments, garden centers, toys and electronics. For additional information on Meijer, please visit www.meijer.com. Follow Meijer on Twitter @twitter.com/Meijer and @twitter.com/MeijerPR or become a fan at www.facebook.com/meijer.
View original content to download multimedia:
SOURCE Meijer | https://www.kold.com/prnewswire/2022/08/03/meijer-extends-back-to-school-teacher-coupon-second-year-expects-save-average-teacher-100/ | 2022-08-03T19:26:22Z | https://www.kold.com/prnewswire/2022/08/03/meijer-extends-back-to-school-teacher-coupon-second-year-expects-save-average-teacher-100/ | true |
WASHINGTON (AP) — After 13 years, at least three crashes, dozens of scams and Ponzi schemes and hundreds of billions of dollars made and evaporated, cryptocurrencies finally have the full attention of Congress, whose lawmakers and lobbyists have papered Capitol Hill with proposals on how to regulate the industry.
The latest bipartisan proposal came Wednesday from Sen. Debbie Stabenow, D-Michigan, and top Republican member Sen. John Boozman of Arkansas, which would hand the regulatory authority of Bitcoin and Ether to the Commodities Futures Trading Commission. 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.
While cryptocurrencies have had crashes before, most recently in 2018, this crash has been broader and more systemic. A major hedge fund filed for bankruptcy earlier this summer, which in turn has caused other cryptocurrency brokers to collapse as well. Some crypto brokers have falsely claimed that its customers’ deposits are backed by deposit insurance like a bank.
Lawmakers, who have run out of patience with the cryptocurrency industry’s attempts to live out an unregulated Libertarian, bank-free world, are now desperate to implement stringent oversight. The industry spent $9 million in 2021 on lobbying fees, according to a report by Public Citizen, a figure that is certain to be higher with all the Congressional proposals this year.
The Stabenow-Boozman bill would be a win for the cryptocurrency industry, who see the CFTC as more industry-friendly regulator than the SEC. The CFTC, which a budget last year of $304 million with roughly 666 employees, is a fraction of the size of the SEC, which had a budget of nearly $2 billion and 4,500 full-time employees.
“(The cryptocurrency industry is) trying to get anyone other than the SEC to regulate them,” said Cory Klippsten, CEO of Swan Bitcoin. While an advocate for Bitcoin, Klippsten is deeply skeptical of much of broader crypto industry, which has produced a myriad of tokens and other coins that he considers to be nothing more than scams.
In a press conference Stabenow and Boozman both acknowledged that the while they have faith that the CFTC is up to the task of regulating cryptocurrencies, the agency would need support. The bill attempts to alleviate this issue by imposing on the crypto industry user fees, which in turn would fund more robust supervision of the industry by the CFTC.
“Obviously if the CTFC is to move aggressively in this area, they are going to need more resources,” Stabenow said.
The legislation can be added to the list of proposals that have come out of Congress this year. Sens. Cory Booker, D-N.J., and John Thune, R-S.D., are also co-sponsors of the Stabenow-Boozman bill. Booker has publicly advocated for the cryptocurrency industry, particularly because Black Americans and other racial minorities are more statistically likely to invest in crypto compared to traditional investments like stocks and bonds.
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.wowktv.com/news/u-s-world/new-crypto-oversight-legislation-arrives-as-industry-craters/ | 2022-08-03T19:26:25Z | https://www.wowktv.com/news/u-s-world/new-crypto-oversight-legislation-arrives-as-industry-craters/ | true |
Florida woman driving golf cart on I-95 arrested for DUI, troopers say
BREVARD COUNTY, Fla. - A Central Florida woman was arrested Saturday evening for allegedly driving a golf cart on Interstate 95 while under the influence, according to the Florida Highway Patrol.
Troopers were called out to I-95 North at mile marker 167 in Brevard County – about six miles away from SR-514 – after several drivers reported seeing a golf cart being driven on the interstate, an arrest report stated.
When FHP arrived in the area, they found a semi truck on the shoulder with the golf cart next to it.
The semi truck driver told troopers she saw the driver of the golf cart, later identified as Diane Hawk, 58, of Barefoot Bay, passing out behind the wheel. She then guided Hawk off the road and took the keys to the golf cart from her, as Hawk was reportedly trying to drive on the interstate again.
MORE LOCAL HEADLINES:
- Orlando police identify family of 5, including kids, found dead in apparent murder-suicide
- FHP: 'Reckless' driver crashes into dump truck, shutting down I-4 in Seminole County
As law enforcement spoke with Hawk about what happened, she said she was trying to get to SR-528 and told troopers it was legal to drive a golf cart on I-95 "because she saw it on the news," the report stated.
Hawk's speech was reportedly slurred and troopers smelled the odor of an alcoholic drink. Troopers later found an open alcohol bottle of Jack Daniel's Tennessee Fire in her bag, the report stated.
Due to her being argumentative and combative, troopers were unable to administer field sobriety exercises for safety reasons.
She was booked into the Brevard County Jail. | https://www.fox5ny.com/news/florida-woman-driving-golf-cart-on-i-95-arrested-for-dui-troopers-say | 2022-08-03T19:27:27Z | https://www.fox5ny.com/news/florida-woman-driving-golf-cart-on-i-95-arrested-for-dui-troopers-say | true |
MADISON, Wis. (AP) _ The winning numbers in Wednesday afternoon's drawing of the Wisconsin Lottery's "Pick 4 Midday" game were:
6-4-1-4
(six, four, one, four)
MADISON, Wis. (AP) _ The winning numbers in Wednesday afternoon's drawing of the Wisconsin Lottery's "Pick 4 Midday" game were:
6-4-1-4
(six, four, one, four) | https://www.theheraldreview.com/lottery/article/Winning-numbers-drawn-in-Pick-4-Midday-game-17348894.php | 2022-08-03T19:28:09Z | https://www.theheraldreview.com/lottery/article/Winning-numbers-drawn-in-Pick-4-Midday-game-17348894.php | false |
Phil Mickelson, 10 other LIV golfers file lawsuit against PGA Tour
WASHINGTON - Phil Mickelson, Bryson DeChambeau, and nine other golfers who joined LIV Golf tour have filed an antitrust lawsuit against PGA Tour following their suspensions, the Wall Street Journal reported Wednesday.
The news outlet reports the group of golfers in the suit also includes three players—Talor Gooch, Hudson Swafford and Matt Jones—who are seeking a temporary restraining order that would allow them to play in the Tour’s FedEx Cup Playoffs, which begin next week.
Gooch, Swafford, and Jones all qualified for the playoffs before signing on to play for LIV, before being told by the PGA Tour they were being excluded from the event because of their participation in the LIV series.
RELATED: PGA Tour: Saudi-paid players including Phil Mickelson no longer eligible for tour
Six players who have competed in LIV Golf events are among the top 125 in the FedEx Cup standings and would be eligible for the start of the PGA Tour’s postseason that starts next week.
The PGA Tour has suspended members for playing in LIV Golf events without a release to play in tournaments the same week of a PGA Tour event. The tour does not allow releases for tournaments held in North America. The last two LIV Golf events — with $25 million in prize money for 54 holes with no cut — were in Oregon and New Jersey.
The Wall Street Journal reported that details of the lawsuit indicate the PGA Tour suspended Mickelson in March for allegedly recruiting players to LIV Golf. When he applied for reinstatement in June, the tour denied it because he had played in the first Saudi event held outside London.
Various reports out of the United Kingdom have said Phil Mickelson received a $200 million signing bonus, while Dustin Johnson received $150 million. The 48-man fields, which play 54 holes with no cut, offer $25 million in prize money at each event. Norman announced a 14-tournament schedule for next year.
LIV Golf currently has only one player -- Johnson at No. 18 -- from the top 20 in the world.
The source of the funding has led to sharp criticism of the series and the players who have enlisted because it is viewed as an attempt to distract attention from its human rights record and links to the Sept. 11 terrorist attacks.
Team Captain Phil Mickelson of Hy Flyers GC plays a shot on the driving range during day three of the LIV Golf Invitational - Bedminster at Trump National Golf Club Bedminster on July 31, 2022. (Charles Laberge/LIV Golf via Getty Images)
The LIV Golf Invitational is off for a month during the FedEx Cup playoffs on the PGA Tour, returning over Labor Day weekend about an hour west of Boston, and then two weeks later plays in the Chicago suburbs.
RELATED: Tiger Woods turned down $700-800M Saudi LIV Golf offer, Norman confirms
In June, Johnson, Mickelson and other PGA Tour members who played off in the Saudi-funded golf league were no longer eligible for PGA Tour events under penalties Commissioner Jay Monahan shared.
The ban included participation in the Presidents Cup, which for the International team is determined by the world ranking.
The USGA already has said eligible players can still compete in the U.S. Open next week. The PGA Tour does not run the majors.
In a memo sent to tour members in June, Monahan said that even if players resigned from the tour ahead of the first LIV Golf Invitational outside London, they will not be allowed to play PGA Tour events as a nonmember by getting a sponsor exemption.
Ten players have resigned from the PGA Tour, a list that includes Johnson and Sergio Garcia. Mickelson, who earned lifetime membership with his 45 PGA Tour titles, has not.
RELATED: Phil Mickelson apologizes for 'reckless' Saudi-backed golf league comments
Tiger Woods turns down offer to play in LIV Golf tour
Tiger Woods turned down an offer that Greg Norman says was "somewhere in that neighborhood" of $700 million to $800 million to take part in the Saudi-funded LIV Golf series.
During an appearance on Fox News with Tucker Carlson that aired Monday night, Norman confirmed what he told the Washington Post in a story two months ago. Norman told the Post in June the offer was "mind-blowingly enormous; we’re talking about high nine digits."
Tiger Woods prepares a shot during Day Two of The 150th Open at St Andrews Old Course on July 15, 2022 in St Andrews, United Kingdom. (MB Media/Getty Images)
Woods has been opposed to LIV Golf since late last year, and he delivered his strongest comments at the British Open when he said players who took the money funded by the Saudi Arabian sovereign wealth fund had "turned their back" on the PGA Tour that made them famous.
FOX 9 Minneapolis, FOX 13 Tampa, and the Associated Press contributed to this story. This story was reported from Washington, D.C. | https://www.fox5ny.com/sports/phil-mickelson-liv-golfers-lawsuit-pga-report | 2022-08-03T19:28:12Z | https://www.fox5ny.com/sports/phil-mickelson-liv-golfers-lawsuit-pga-report | true |
CENTURY CITY, Calif., Aug. 3, 2022 /PRNewswire/ -- PhorMed Inc, a Nevada Corporation ("PhorMed" or the "Company"), is a privately held clinical stage biopharmaceutical company. The Company's study drug RP-323 is in an on-going acute respiratory distress syndrome (ARDS) study. ARDS is a lung disorder where fluid collects in the air sacs of the lungs, depriving organs of oxygen. These studies have generated positive results showing RP-323 significantly reduces the influx of inflammatory cells into the lungs thereby limiting damage to the lungs. In addition, RP-323 has shown the ability to block over-active/over-productive pro-inflammatory cytokines including the following interleukins: IL-1, IL-2, IL-9 and IL-15. These interleukins have been shown to be key effectors that comprise the "cytokine storm syndrome" (CSS) consistently observed in severe ARDS associated with COVID-19 and other respiratory infections, including influenza and bacterial pneumonia.
ARDS presents in a variety of ways including sudden acute respiratory syndrome (SARS). In severe and fatal ARDS, disease severity is directly associated with the extent of inflammatory cell (neutrophil and macrophage) infiltration into the lungs. When ARDS occurs, these inflammatory cells are profoundly elevated in the blood vessels, alveoli and other lung tissue. This results in congestion, hypoxia, vascular destruction and thrombosis (clotting), swelling, and is reflected in histology in ARDS tissue.
These initial ARDS mouse study results demonstrate that RP-323 safely and effectively reduces pulmonary inflammation. The ARDS animal system that we used is a validated model that is predictive of clinical drug efficacy and widely accepted in the industry. This study therefore represents a milestone advancement towards the Company's goal of initiating human clinical trials of RP-323 for treating ARDS and COVID-19 related lung disorders.
Expanding on these initial ARDS study results, PhorMed plans to continue its ARDS studies and, in parallel, to further advance its RP-323 human drug development platform by filing a Phase 2 IND application with the USFDA.
PhorMed is currently raising funds through an Equity Crowd Funding platform called StartEngine. The Company has raised approximately $2.7 Million under a SEC Regulation CF offering on StartEngine. The Company valuation is currently $51.6 million with shares being offered at $1.00 per share. The Company has over 4000 investors and is seeking to raise up to $5 million in this round. Interested parties should follow this link www.startengine.com/phormed to learn more and/or invest in the Company.
PhorMed is focused on developing therapies in Oncology, Neurology, and Virology, with initial concentration in treating ARDS induced by COVID-19, AML, Hodgkin's Lymphoma, Parkinson's disease, and Stroke. The Company's goal is to give patients options where there currently are none or allow for better options. PhorMed's study drug RP-323, or 12-O-tetradecanoylphorbol-13-acetate (TPA) aka Phorbol-12-myristate-13-acetate (PMA), is a treatment administered through I.V. infusion. The RP-323 primary mechanisms of action include (1) induction of differentiation; (2) promotes proliferation; (3) cytokine induction; (4) and/or apoptosis. Find out more at www.PhorMed.com
This press release contains certain "forward-looking statements" which are statements that are not purely historical, and include any statements regarding beliefs, plans, expectations or intentions regarding the future. Although we believe that any such plans, expectations and intentions are reasonable, there can be no assurances that they will prove to be accurate. Actual results could differ from those projected in any forward-looking statements due to numerous factors, many of which are not within our control, including the inherent uncertainties associated with developing new products, operating as a development stage company, and our ability to raise the additional funding needed to operate and commence further clinical trials. These forward-looking statements are made as of the date of this press release and we assume no obligation to update them. Investors should also review the information contained in the documents the Company files with the SEC, available at www.sec.gov, and which is available on StartEngine, at www.startengine.com/phormed, including the risk factors associated with an investment in the Company.
Ben Chang, CEO
1999 Avenue Of The Stars, Suite 1100
Century City, CA 90067
info@PhorMed.com
View original content to download multimedia:
SOURCE Phormed | https://www.wymt.com/prnewswire/2022/08/03/phormed-announces-ards-study-results/ | 2022-08-03T19:29:22Z | https://www.wymt.com/prnewswire/2022/08/03/phormed-announces-ards-study-results/ | true |
Which earbud brand is better?
Since true wireless earbuds went mainstream about six years ago, companies including Tozo and JBL have gone to great lengths to improve their audio quality and wireless connectivity. In fact, it’s great for consumers that longtime audio equipment manufacturers such as JBL are seeing good competition from upstart companies including Tozo.
The pros and cons between the two companies are pretty significant, and one of them is almost certain to offer Bluetooth earbuds that meet your needs. The most important things to pay attention to when deciding between them are price and advanced features such as noise canceling and Bluetooth codecs, or digital data-stream decoding.
Tozo earbuds
Tozo was formed in 2015 but took until 2017 to release its first true wireless earbuds. Since then, its various models haven’t broken major ground in terms of advanced technology, but they have delivered good wireless audio to the masses at a low price.
While many Tozo earbuds sound good and should last a while, the lowest-end options tend to underperform, even for the price. Never fear, though — the most popular Tozo earbuds rival many midrange options from better-known brands but don’t cost a fortune.
Tozo earbud pros
- Impressive price-to-performance ratio: It’s tough to beat the low cost of Tozo’s most popular earbuds. There are few alternatives with such a good track record at prices of $40 or less.
- Lightweight construction: Most Tozo earbuds are so light that you’ll barely feel them in your ears. This especially important feature helps keep them in the right place while you listen, which prevents the degraded sound quality and poor bass response that result from loose earbuds.
- Powerful water resistance: Some of the most worthwhile Tozo earbuds sport IPX6 water resistance, which means they’re even safe if you drop them in the water. But don’t expect to use them while swimming, since Bluetooth signals can’t penetrate liquid.
Tozo earbud cons
- Poor Bluetooth codec support: If you’re looking for something that delivers lossless-quality audio using the high-end Qualcomm aptX HD or Sony LDAC, look elsewhere. Few Tozo models offer them.
- They’re not meant for audiophiles: If terms such as high-end roll-off and total harmonic distortion mean anything to you, there’s a chance you won’t be satisfied with Tozo. They just can’t compete with the premium components and technologies the best models use.
- Somewhat chintzy feel: Tozo earbuds make noticeable compromises in the quality of materials used.
Best Tozo earbuds
While they won’t put you in absolute silence, these are just about the least expensive earbuds to offer active noise cancellation.
Sold by Amazon
These waterproof earbuds are great for any weather and sound far better than their low price would have you believe.
Sold by Amazon
Wireless in-ear headphones don’t get much smaller, lighter or less expensive than these.
Sold by Amazon
The drivers inside this midrange pair are larger than average, which helps with both low-end response and high-end accuracy.
Sold by Amazon
JBL earbuds
JBL has been a respected manufacturer of premium sound equipment for several decades. It was once part of the renowned Altec Lansing company and there’s a good chance that the last time you went to a live music show, you were listening to at least a few JBL speakers.
JBL’s studio and live performance equipment runs the gamut from budget-friendly to premium. When it comes to headphones, JBL sticks true to its high-end roots, delivering several excellent wireless earbuds with relatively high prices but also impressive feature sets.
JBL earbud pros
- Great sound quality: JBL does its best to deliver premium sound quality, and most of its earbuds hit the mark. They’re especially good for iPhone owners, who can take advantage of the high fidelity and efficiency of the AAC codec.
- Effective noise canceling: Some JBL models offer active noise canceling in addition to the passive isolation that earbuds are known for.
- Premium construction: The materials, seams and durability of JBL earbuds are nearly as good as they get.
- Above-average phone call performance: Many JBLs sport multi-microphone arrays that make it easy for your voice to be heard on the other end of a call.
JBL earbud cons
- Disappointing Android Bluetooth codec support: You’d expect JBL earbuds to support high-resolution codecs including aptX and LDAC, but interestingly, that’s not the case. Android users are stuck with AAC if they want to get better quality than the baseline SBC codec. While AAC sounds good, some Android phones don’t play nicely with it and will see notably increased battery drain.
- Relatively high cost: You’ll have to pay a decent amount for a good pair of JBLs. This is an especially important consideration if, like plenty of others, you have trouble keeping track of a pair of tiny in-ear headphone.
Best JBL earbuds
Boasting active noise canceling with an optional ambient mode, these midrange earbuds offer JBL’s best bang for the buck.
Sold by Amazon
This premium pair offers a battery life of over seven hours with active noise control enabled, but they also cost quite a bit.
Sold by Amazon
Shipped with four sizes of flared ear tips, these are some of the best-supported options for working out or other strenuous activities.
Sold by Amazon
A remarkably long battery life and dependable wireless connectivity make this pair one of the best choices in the $100 range.
Sold by Amazon
Thanks to their stem-style construction, they do an even better job of picking up your voice than JBL’s other offerings. They even offer built-in Alexa and Google Assistant support.
Sold by Amazon
Should you get Tozo or JBL earbuds?
Tozo and JBL each make great earbuds, but they’re meant for very different buyers. JBLs are known for their above-average sound quality and some for their powerful noise canceling. They’re engineered to satisfy demanding listeners, but most cost quite a bit.
On the other side of the coin, Tozo manufactures several good pairs of earbuds, and most cost relatively little. They don’t deliver the same high-resolution clarity of JBLs, but they’re perfect for music fans on a budget. They’re also a better choice if you tend to lose earbuds often, which isn’t hard to do. Some even boast reasonably effective noise canceling, although not at the level of more high-end brands.
Want to shop the best products at the best prices? Check out Daily Deals from BestReviews.
Sign up here to receive the BestReviews weekly newsletter for useful advice on new products and noteworthy deals.
Chris Thomas writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://www.wowktv.com/reviews/tozo-vs-jbl-earbuds/ | 2022-08-03T19:30:34Z | https://www.wowktv.com/reviews/tozo-vs-jbl-earbuds/ | true |
A look at what’s happening around the majors today:
___
SOTO ARRIVES
Juan Soto is set for his San Diego debut at home against Colorado. Before the game, the Padres will hold a news conference to introduce Soto on his first day with the team. The 23-year-old star outfielder was acquired from Washington in a blockbuster deal before Tuesday’s trade deadline. He joins a lineup anchored by All-Star third baseman Manny Machado that expects to get flashy shortstop Fernando Tatis Jr. back from injury soon.
Washington got rookie left-hander MacKenzie Gore, first baseman/DH Luke Voit and prospects James Wood, C.J. Abrams, Robert Hassell III and Jarlin Susana for Soto and switch-hitter Josh Bell.
Soto, a two-time All-Star who can become a free agent after the 2024 season, was dealt after he turned down a $440 million, 15-year contract that would have been baseball’s largest in total but not by average salary.
CASTILLO DEBUTS
All-Star right-hander Luis Castillo makes his first start for the Seattle Mariners, who acquired him from Cincinnati last Friday for four minor league prospects: infielders Noelvi Marte and Edwin Arroyo, and right-handers Levi Stoudt and Andrew Moore.
Castillo (4-4, 2.86 ERA) will be pitching at Yankee Stadium for the second time in nearly three weeks. He took a no-hit bid against New York into the sixth inning of his start for the Reds on July 14.
Gerrit Cole (9-3, 3.30) goes for the Yankees.
CATCH THE EXPRESS
Two-way superstar Shohei Ohtani (9-6, 2.81 ERA) pitches for the Los Angeles Angels against Oakland. Ohtani has six straight games of double-digit strikeouts, one short of Hall of Famer Nolan Ryan’s franchise record set in 1977.
ON A ROLL
All-Star left-hander Martín Pérez (9-2. 2.52 ERA) is 9-0 in his last 15 starts heading into his outing for Texas against visiting Baltimore. He is unbeaten in 18 starts since losing to Colorado and the Los Angeles Angels in his first two starts this season.
Pérez is just the third pitcher in Washington Senators/Texas Rangers history to make at least 18 consecutive starts without taking a loss, one behind Cole Hamels from 2015-16 and matching Phil Ortega in 1967, according to the Elias Sports Bureau.
BIG FISH
Miami right-hander Sandy Alcantara takes a National League-best 1.99 ERA into his start against Cincinnati, second in the big leagues to Justin Verlander’s 1.81 ERA for Houston.
Alcantara has pitched two of the majors’ 17 complete games this season, matched only by Houston’s Framber Valdez. Alcantara is 0-1 in his last four starts despite a 2.77 ERA over that span.
Cincinnati goes with lefty Mike Minor (1-7, 6.31), who is 0-5 in his last seven starts.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sport | https://www.wowktv.com/sports/leading-off-soto-arrives-in-sd-castillo-debuts-for-ms/ | 2022-08-03T19:31:02Z | https://www.wowktv.com/sports/leading-off-soto-arrives-in-sd-castillo-debuts-for-ms/ | true |
BENGALURU, India (AP) — Nine months after India announced its target of “net zero” emissions by 2070 at the United Nations climate conference in Glasgow, the country’s federal cabinet finally approved a new climate plan on Wednesday.
The new goals will be submitted to the U.N.’s climate agency as part of an international agreement where nations publish how they intend to reduce their greenhouse gas emissions, known as nationally determined contributions. The U.S. hopes to achieve “net zero” by 2050, and China by 2060.
The approval comes as India is preparing to celebrate 75 years of independence on Aug. 15 and with just three months left before the next climate conference.
When India’s plans were originally announced in November last year, Prime Minister Narendra Modi also said that India would increase its current capacity for non-fossil fuel electricity, with energy from clean sources able meet half of the country’s needs. India’s greener power generation has already passed 41%.
The emissions goals that India’s federal cabinet ultimately approved are largely in line with Modi’s announcement.
India now stands committed to reducing the emissions caused by activities for the nation’s economic growth by 45% by the year 2030 from 2005 levels, according to the new targets. The nation will also aim to achieve about 50% of its energy requirements from non-fossil fuel-based energy sources by the year 2030, and promote a federal government program that encourages people to make green lifestyle changes.
Vaibhav Chaturvedi, an economist at the New Delhi-based Council on Energy, Environment and Water, called the approval a “significant step” towards India’s climate aims.
The U.N.’s climate agency had set a deadline of July 31, 2021, for various nations to update their targets that were initially announced after the climate conference in Paris in 2015. India was not the only laggard nation, as China and dozens of others had also failed to meet the target date.
Indian officials say that the delay was a reflection of the peculiar challenges facing the country: On the one hand what it does has an outsized impact on the world’s climate goals as it’s a nation with quickly-growing energy needs, on the other it feels that it’s often unfairly asked to prioritize climate goals over its developmental needs.
“India’s updated climate action plan comes in a context where Europe and most developed countries are going for more drilling of oil and gas,” said Harjeet Singh, head of global political strategy at the Climate Action Network International.
“The delay in updating the targets could have been avoided though. If they had announced these targets a few months earlier, it might have inspired other countries to act faster and more decisively on climate change,” he added.
___
Associated Press climate and environmental coverage receives support from several private foundations. See more about AP’s climate initiative here. The AP is solely responsible for all content. | https://www.wowktv.com/top-stories/ap-top-headlines/indian-government-approves-new-emissions-targets/ | 2022-08-03T19:31:37Z | https://www.wowktv.com/top-stories/ap-top-headlines/indian-government-approves-new-emissions-targets/ | true |
PITTSBURGH, Aug. 3, 2022 /PRNewswire/ -- "My wife is employed in the medical field and I wanted to create a safer way for her to transfer patients," said an inventor, from Pawcatuck, Conn., "so I invented the SIT TO STAND. My design could help to prevent discomfort and injuries for patients, workers and caregivers."
The patent-pending invention provides an improved way to transfer patients to and from various locations such as a bed, chair, wheelchair, etc. In doing so, it increases safety, comfort and convenience. It also reduces the risk of injury. The invention features a practical portable design that is easy to operate, so it is ideal for hospitals, medical facilities and individuals with various physical limitations or disabilities. Additionally, a prototype model is available upon request.
The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-OSK-220, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
View original content to download multimedia:
SOURCE InventHelp | https://www.1011now.com/prnewswire/2022/08/03/inventhelp-inventor-develops-improved-patient-transfer-device-osk-220/ | 2022-08-03T19:34:14Z | https://www.1011now.com/prnewswire/2022/08/03/inventhelp-inventor-develops-improved-patient-transfer-device-osk-220/ | false |
PawCo is aiming to remove animals from the pet food-chain by offering delicious, healthy and environment friendly plant-based pet food.
SAN FRANCISCO, Aug. 3, 2022 /PRNewswire/ -- PawCo Foods officially launched their proprietary plant-based pet food and shipped their first batch of orders on August 3rd of 2022.
The company is founded by a former ImpossibleFoods employee and backed by a team of scientists and board certified animal nutritionists. PawCo invented the world's first fully plant-based meat that is designed specifically for pet foods. The team is committed to providing pets with complete and balanced plant-based meals.
"As a scientist, I couldn't stand seeing Paco, my beloved dog, eating unhealthy food every day. That's why I founded PawCo Foods – to change how our pets eat on a daily basis and make the world a greener place. I'm now dedicated to helping all of our furry friends out there to live a happy, healthy and joyful life" said Dr. Mahsa Vazin, Founder and CEO of PawCo Foods.
PawCo puts forward a plant-based meat that is just as tasty as traditional meat, while also providing all the essential amino acids, vitamins, and minerals necessary for dogs to thrive. Traditional dog foods containing meat have been linked to numerous health issues in dogs, including cancer, allergies, and gastrointestinal distress. PawCo wants to improve pet health, decrease animal farming, and reduce the impact of pet food manufacturing on the environment by making tasty and nutritious plant-based dog food available in the market.
PawCo raised their seed round earlier this year and the team has been working on their proprietary plant-based meat. They publicly launched their first plant-based recipe for dogs today and they are accepting orders for new customers.
About PawCo
PawCo Foods is dedicated to its mission of improving pet health by providing them healthy, plant-based meals, while reducing animal farming and the pet food industry's environmental footprint. The company was founded by Dr. Mahsa Vazin and started based on love and care for animals.
Learn more about the company at MyPawCo.com.
Contact information:
Company: PawCo Foods
Contact: Sabine Fernandez
Email: social@mypawco.com
View original content to download multimedia:
SOURCE PawCo Foods | https://www.wbay.com/prnewswire/2022/08/03/pawco-raises-seed-round-launches-worlds-first-plant-based-pet-food/ | 2022-08-03T19:34:27Z | https://www.wbay.com/prnewswire/2022/08/03/pawco-raises-seed-round-launches-worlds-first-plant-based-pet-food/ | true |
LITTLE ROCK, Ark. – Musicians will have a chance to shine in Little Rock in September.
The Downtown Little Rock Partnership has put a call out for musicians for its Food Truck Festival Sept. 11.
The Sunday event, from 11 a.m. to 6 p.m., will take place between 3rd and 8th streets on Main Street in the city. The music performance area will include several blocks on Capitol Avenue.
Musicians are expected to bring their own equipment, including amplifier, microphones, tip jar, any CDs for sale, etc. The Partnership recommends bringing a long extension cord but does not guarantee electrical service to an assigned location.
Performance location will be assigned a week prior to the festival. Entertainers will receive an e-packet with information, including directions to their location.
Those interested in making music during the festival should apply with the Downtown Partnership. | https://www.fox16.com/entertainment-news/call-for-musicians-for-downtown-little-rock-food-truck-festival/ | 2022-08-03T19:35:27Z | https://www.fox16.com/entertainment-news/call-for-musicians-for-downtown-little-rock-food-truck-festival/ | true |
SAN DIEGO — This is quite a time to be a season ticket holder for the San Diego Padres.
Great weather, a jewel of a ballpark — and perhaps the most exciting lineup in baseball for the near future.
The Padres landed the biggest prize of this year's trade deadline — and maybe at any year's deadline — when they acquired outfielder Juan Soto, a 23-year-old superstar who isn't due to become a free agent until after the 2024 season. To get him, they had to send six players to Washington, including several of their top recent prospects.
It's a massive move for an organization that has never won a World Series — but now adds Soto to a team that has Fernando Tatis Jr., Manny Machado and Yu Darvish. San Diego also traded for closer Josh Hader this week.
Here's a look at the biggest buyers and sellers at this year's deadline, and how they've reshaped their futures.
BUYERS
San Diego Padres (60-46, second NL wild card)
Acquired: OF Juan Soto, 1B Josh Bell, LHP Josh Hader, 2B Brandon Drury, C Cam Gallagher, LHP Jay Groome.
Traded: LHP MacKenzie Gore, SS C.J. Abrams, OF Robert Hassell III, OF James Wood, RHP Jarlin Susana, 1B Luke Voit, LHP Taylor Rogers, RHP Dinelson Lamet, 2B Esteury Ruiz, LHP Robert Gasser, SS Victor Acosta, OF Brent Rooker, 1B Eric Hosmer, 2B Max Ferguson, OF Corey Rosier.
Analysis: It was going to take a big offer to pry Soto loose from the Nationals, and the Padres always made some sense as a destination. They had enough attractive prospects to make the deal happen — and because they were already postseason contenders, adding Soto can benefit them even if he only stays through 2024. Bell brings power to the lineup as well.
Philadelphia Phillies (55-48, third NL wild card)
Acquired: RHP Noah Syndergaard, RHP David Robertson, OF Brandon Marsh, 2B Edmundo Sosa.
Traded: C Logan O'Hoppe, LHP JoJo Romero, OF Mickey Moniak, OF Jadiel Sanchez, RHP Ben Brown.
Analysis: Chasing their first postseason berth since 2011, the Phillies added help in the rotation, the bullpen, the infield and the outfield. Philadelphia moved on from Moniak, the top pick in the 2016 draft.
Seattle Mariners (56-49, second AL wild card)
Acquired: RHP Luis Castillo, LHP Matthew Boyd, C Curt Casali.
Traded: SS Noelvi Marte, SS Edwin Arroyo, RHP Levi Stoudt, RHP Andrew Moore, LHP Anthony Misiewicz, RHP Michael Stryffeler, C Andy Thomas.
Analysis: Speaking of postseason droughts, the Mariners haven't qualified since 2001, and they approached this deadline with a sense of urgency, sending three of their top prospects to Cincinnati for Castillo. Boyd had some good moments in Detroit but didn't pitch at all this year for San Francisco because of elbow problems.
New York Yankees (70-35, first place in AL East)
Acquired: RHP Frankie Montas, RHP Lou Trivino, OF Andrew Benintendi, OF Harrison Bader, RHP Scott Effross, RHP Clayton Beeter.
Traded: OF Joey Gallo, LHP Jordan Montgomery, LHP Ken Waldichuk, LHP JP Sears, RHP Luis Medina, 2B Cooper Bowman, RHP Chandler Champlain, LHP T.J. Sikkema, RHP Beck Way, RHP Hayden Wesneski.
Analysis: Considering what Seattle gave up for Castillo, the Yankees probably feel pretty good about landing Montas, who had a 3.18 ERA in 19 starts this year for Oakland. Benintendi and Bader give New York more outfield options, although the latter has been dealing with foot problems.
Minnesota Twins (54-49, first place in AL Central)
Acquired: RHP Jorge Lopez, RHP Tyler Mahle, RHP Michael Fulmer, C Sandy Leon.
Traded: RHP Yennier Cano, LHP Cade Povich, LHP Juan Rojas, RHP Juan Nunez, RHP Ian Hamilton, SS Spencer Steer, 3B Christian Encarnacion-Strand, LHP Steve Hajjar, RHP Sawyer Gipson-Long.
Analysis: Lopez and Fulmer can help Minnesota's bullpen, and Mahle has been solid over the past couple months for the Reds. And none of the Twins' top AL Central rivals did anything all that special at the deadline.
SELLERS
Washington Nationals (36-69, last place in NL East)
Traded: OF Juan Soto, 1B Josh Bell, SS Ehire Adrianza.
Acquired: SS C.J. Abrams, OF Robert Hassell III, LHP MacKenzie Gore, OF James Wood, 1B Luke Voit, RHP Jarlin Susana, 2B Trey Harris.
Analysis: It's one thing to trade a star for prospects. It's another to give up a generational talent who was under team control for another couple years. If Soto's career proceeds as expected, there may always be questions about whether the Nationals tried hard enough to keep him. That said, Washington received plenty in return. Hassell immediately becomes the team's top prospect, according to MLB Pipeline. Abrams and Gore are both top-six draft picks who made their big league debuts this year.
Cincinnati Reds (42-61, third place in NL Central)
Traded: RHP Luis Castillo, RHP Tyler Mahle, OF Tommy Pham, 2B Brandon Drury, OF Tyler Naquin, LHP Phillip Diehl.
Acquired: SS Noelvi Marte, SS Edwin Arroyo, RHP Levi Stoudt, RHP Andrew Moore, 2B Hector Rodriguez, RHP Jose Acuna, SS Spencer Steer, 3B Christian Encarnacion-Strand, LHP Steve Hajjar, SS Victor Acosta, C Austin Romine.
Analysis: The Reds cashed out with Castillo, acquiring Marte and Arroyo, who are ranked as the No. 17 and No. 92 prospects by MLB Pipeline. Cincinnati now has six of the top 100.
Oakland Athletics (39-66, last place in AL West)
Traded: RHP Frankie Montas, RHP Lou Trivino, C Austin Allen.
Acquired: LHP Ken Waldichuk, LHP JP Sears, RHP Luis Medina, 2B Cooper Bowman, RHP Carlos Guarate.
Analysis: The 24-year-old Waldichuk was the top prospect the A's received. He was excellent at Double-A this year and has posted a 3.59 ERA in 11 starts at Triple-A.
Baltimore Orioles (53-51, 1 1/2 games behind third AL wild card)
Traded: 1B Trey Mancini, RHP Jorge Lopez.
Acquired: RHP Seth Johnson, RHP Chayce McDermott, RHP Yennier Cano, LHP Cade Povich, LHP Juan Rojas, RHP Juan Nunez, OF Brett Phillips.
Analysis: The Orioles were in a tricky spot, because although they've been rebuilding, they're also surprisingly in contention for a wild card after two good months. Trading Mancini wasn't the sentimental move, but he can become a free agent after this season, so a breakup might have come soon anyway. Lopez was Baltimore's closer, but its bullpen has been very good this year and may be able to withstand his departure. | https://www.wfaa.com/article/sports/locked-on/lo-national/locked-on-mlb/padres-mariners-yankees-headline-mlb-trade-deadline-buyers-juan-soto-josh-bell-new-york-san-diego-luis-castillo-orioles-phillies/535-b8215709-ae5e-4fe2-9f8a-a0bd7d169a58 | 2022-08-03T19:36:16Z | https://www.wfaa.com/article/sports/locked-on/lo-national/locked-on-mlb/padres-mariners-yankees-headline-mlb-trade-deadline-buyers-juan-soto-josh-bell-new-york-san-diego-luis-castillo-orioles-phillies/535-b8215709-ae5e-4fe2-9f8a-a0bd7d169a58 | true |
IONIA COUNTY, MI – Two hours before he and another Make-A-Wish bicyclist were killed in a crash, Michael Salhaney shared his motivation for powering through a sometimes brutal three-day, 300-mile ride.
It was a wristband bearing the name of a Make-A-Wish child.
“You really begin to question: Do I have it to get to the end of the line?” he said, in a Facebook video.
“So, I just look at that wristband and it gives me a little extra motivation to keep going.”
Salhaney, 57, a West Bloomfield Township attorney and former Oakland County prosecutor, was one of two men killed Saturday, July 30, while riding in the 35th Annual Wish-A-Mile Bicycle Tour.
Edward Erickson, 48, of Ann Arbor, a senior program manager at Toyota, also died while three others suffered critical injuries when they were struck by an oncoming vehicle that was passing a UPS truck.
Related: Ann Arbor bicyclist killed by SUV on his 9th ride for Make-A-Wish fundraiser
The driver of the vehicle in the crash, Mandy Benn, 42, of Ionia, is facing two charges of operating while intoxicated causing death.
Ionia County District Judge Raymond Voet on Monday jailed Benn on $1 million bond. Prosecutor Kyle Butler said that Benn was under the influence of prescription drugs.
Related: Driver denied hitting Make-A-Wish bicyclists and said crash scene ‘almost looks real,’ police say
Defense attorney Walter Downes said test results would show a “therapeutic amount levels in her blood.”
West Bloomfield Township Clerk Debbie Binder said Salhaney’s loss has been felt throughout the community. She has known him for many years. They were Cub Scouts leaders in the same pack and had children the same age at school.
Later, he worked as the township’s attorney.
“Mike was a kind-hearted and thoughtful man with an extremely positive attitude,” Binder said in an email.
She said he was a “dedicated father” to a blended family with seven children. He adored his parents and looked out for them. His mother would watch him at the township board meetings and offer opinions.
“We looked forward to Grandma Judy’s feedback on Wednesday mornings in our meetings with Mike,” Binder said.
“Mike will leave an indelible impression on the many kids whose lives he touched. His commitment to kindness and the spirit of giving was unstoppable.”
She hopes that others will donate to Make-A-Wish in his honor.
“The tragic and unnecessary loss of Mike was a loss to West Bloomfield Township, the community, and to many kids who benefitted from his philanthropic commitment.”
Related: Woman in crash that killed 2 bicyclists did not grasp gravity of tragedy, prosecutor says
Jeannette Debbs met Salhaney in 2006 in her first Wish-A-Mile ride for Make-A-Wish. She and her best friend, who were new to distance riding, would not have finished without his encouragement.
“Mike spotted us and took us under his wing. Cheering us on the entire way. He even let us cross the finish line first. That was Mike. Always looking out for others, lifting them up and cheering all the way.”
She described him as “a bright light in this often dark world.”
Related: Make-A-Wish ‘heartbroken’ after 2 cyclists killed during 300-mile ride in Michigan
Salhaney was a partner at Secrest Wardle law firm, which has offices in Troy, Lansing and Grand Rapids.
Bruce Truex, a senior partner, said the loss, under these circumstances, is hard to accept. Salhaney touched a lot of lives, he said.
Salhaney, who also spent a decade as an Oakland County assistant prosecutor, was “well-respected and a great asset to the firm,” Truex said.
“Nobody had a bad word about him. He was always willing and able to lend a hand when someone needed help.”
He said Salhaney stood out not only for his legal work but his involvement in many organizations to better the community. Salhaney served as unit commissioner for Boy Scouts of America and committee chairman of Make-A-Wish Foundation of Michigan.
Salhaney had participated in the Make-A-Wish ride for nearly 25 years. The organization works to grant wishes to children with critical illnesses.
In a 2018 interview on “The Splash” on Civic Center TV in West Bloomfield, Salhaney talked about the challenges of riding - and forgetting about any pain once he met children at the finish line.
There are “not a lot of dry eyes” at the finish, he said.
This year, the race was halted on the second of three days.
The crash was reported around 11:15 a.m. Saturday.
At 9:14 a.m., Salhaney said in his Facebook video he had just finished riding 54 miles with 58 to go that day.
“This is difficult. This is tough. It’s a tough day in the saddle. It’s going to be a long day in the saddle. A hundred and 12 miles total for today. After riding 100 miles yesterday,” he said.
“Then, you look down at your wrist and you see the wristband. That’s the name of one of our Wish children. Thomas K. The young man I’m riding in honor of.”
Read more:
Is abortion still legal in Michigan?: Questions answered on continuing court battles
Man charged with arson in fire that trapped, injured Michigan firefighters
2 dead in South Haven plane crash | https://www.mlive.com/news/grand-rapids/2022/08/make-a-wish-bike-rider-shared-his-motivation-2-hours-before-he-was-killed.html | 2022-08-03T19:37:17Z | https://www.mlive.com/news/grand-rapids/2022/08/make-a-wish-bike-rider-shared-his-motivation-2-hours-before-he-was-killed.html | true |
TAMPA, Fla. (WFLA) — Whenever a hurricane looks like it’s going to take aim at the United States, it’s a good bet that theories and proposals will start making the rounds from people who think the storm could be stopped, weakened or pushed out to sea — but are any of them crazy enough to work?
From bizarre to realistic, some of the ideas tossed around each hurricane season include using bombs, icebergs, fans or chemical compounds to combat storms. So why wouldn’t any of those methods work? The National Oceanic and Atmospheric Administration explains on its website, “as carefully reasoned as some of these suggestions are, they all share the same shortcoming: They fail to appreciate the size and power of tropical cyclones.”
Here are some of the most common suggestions meteorologist and scientists get on how to stop a hurricane – and why they wouldn’t work:
Suggestion 1: Drop a bomb into a hurricane
One idea that gets tossed around fairly often is nuking a hurricane to destroy it. According to NOAA, the question comes up at least once every hurricane season – so often that the agency debunks the idea on its frequently asked questions page.
“Apart from the fact that this might not even alter the storm, this approach neglects the problem that the released radioactive fallout would fairly quickly move with the trade winds to affect land areas and cause devastating environmental problems,” NOAA explains. “Needless to say, this is not a good idea.”
The agency goes on to explain that it would require an extremely large amount of energy to try and modify hurricanes with bombs.
“The heat release [of a fully developed hurricane] is equivalent to a 10-megaton nuclear bomb exploding every 20 minutes,” NOAA says.
Suggestion 2: Cool the Atlantic with ice
One of the main ingredients a tropical cyclone needs to form is warm sea surface temperatures. That’s why August and September is when we see the most tropical activity – and typically, the strongest storms – because that’s the time of year the water temperatures are at their warmest.
So why can’t we just cool off the Atlantic Ocean or the Gulf of Mexico with icebergs? As Tracking the Tropics Meteorologist Rebecca Barry puts it, it would be like dropping an ice cube into a bath tub.
According to NOAA, the “critical region” to target for this theory would be near the eyewall of a hurricane.
“If the eyewall was 30 miles in diameter, that means an area of nearly 2,000 square miles. Now if the hurricane is moving at 10 miles an hour, it will sweep over 7,200 square miles of ocean. That’s a lot of icebergs for just 24 hours of the cyclone’s life,” NOAA explains.
In addition, the agency says that doesn’t even take into consideration the uncertainty of a storm’s track.
Suggestion 3: Replicate Saharan dust
While tropical activity is not out of the question in the early months of hurricane season, plumes of dust that originate in the Sahara Desert and move across the Atlantic do help keep things quieter at the beginning of the season. That’s because tropical systems need moisture to form and strengthen – and the Saharan dust is very dry.
If Saharan dust helps keep things quiet and prevents storms from strengthening, some may wonder why we can’t just replicate that dust to use during the busier months of hurricane season. Unfortunately, it’s not that simple.
Think of Saharan dust as more of the symptom, not the cause, of quiet conditions in the tropics, Barry says. The dust itself is not squelching the tropical activity, but multiple large-scale factors that must come together for the dust to be present in heavier concentrations and travel across the Atlantic.
“Things like large areas of dry, stable air across the Atlantic, brisk upper-level winds to carry the dust and a broad scale weather pattern to produce dust storms across the Saharan Desert. When we see Saharan dust, it’s a sign of a bigger weather pattern that is not conducive to tropical development, it’s not the dust itself producing the effect,” Barry explained. “If we were to release huge amounts of dust over the Atlantic, it would make for muddy rain, but that’s about it.”
Not to mention the sheer amount that it would take to replicate a Saharan Dust plume would be extremely difficult to replicate to scale.
Suggestion 4: Use wind turbines to push the storm
When Hurricane Irma was bearing down on Florida in 2017, tens of thousands of people joined a Facebook event pledging to point their fans at the storm and blow it away.
“Everyone takes their fans outside and points them at Hurricane Irma to blow it away from us,” the event organizer said. “Air compressors with a blow gun attachment also a plus, or anything else. Get creative.”
While the event was a joke, some may wonder – why can’t we use something like wind turbines to push hurricanes away? Once again, it comes back to the sheer size and power of a storm.
“Nothing we can produce on our human scale could compete with the energy and size of a hurricane,” Barry said. “It would be like pricking the huge storm with a needle, virtually nonexistent compared to the amount of energy and force of the storms.”
Suggestion 5: Cloud seeding
Starting in the early 1960s through the the early 1980s, the U.S. government conducted an experimental program called Project STORMFURY with the goal of hurricane modification using chemical compounds.
“The proposed modification technique involved artificial stimulation of convection outside the eyewall through seeding with silver iodide,” the Hurricane Research Division of NOAA’s Atlantic Oceanographic and Meteorological Laboratory explains on its website.
NOAA says “the STORMFURY seeding targeted convective clouds just outside the hurricane’s eyewall in an attempt to form a new ring of clouds that, hopefully, would compete with the natural circulation of the storm and weaken it.”
According to NOAA, the project attempted modification on four hurricanes on eight different days. Winds decreased by 10 percent to 30 percent on half of those days, but the results of the experimental program were later questioned and dismissed due to what NOAA calls a “fatal flaw.”
“Observations made in the 1980s showed that most hurricanes don’t have enough supercooled water for STORMFURY seeding to work – the buoyancy in hurricane convection is fairly small and the updrafts correspondingly small compared to the type one would observe in mid-latitude continental super or multicells,” NOAA says on its FAQ website. “In addition, it was found that unseeded hurricanes form natural outer eyewalls just as the STORMFURY scientists expected seeded ones to do.”
Tracking the Tropics streams every Wednesday during hurricane season. For the latest updates, check out our Tracking the Tropics website. | https://www.binghamtonhomepage.com/news/can-hurricanes-be-stopped-with-bombs-or-ice-5-theories-debunked/ | 2022-08-03T19:37:48Z | https://www.binghamtonhomepage.com/news/can-hurricanes-be-stopped-with-bombs-or-ice-5-theories-debunked/ | true |
TORONTO, Aug. 3, 2022 /PRNewswire/ - SoftwareReviews, a leading source for insights on the software provider landscape, has published its 2022 Digital Workplace Emotional Footprint Report, identifying six providers as Champions.
Many organizations across the world are currently trying to standardize and gain alignment on their relocation structure, with a mix of employees working onsite, working remotely, or taking a hybrid approach. The challenge most managers face is that productivity has a different meaning for everyone. To remedy this issue, a digital workspace solution can be used to increase employee productivity and engagement through an application or collection of applications that digitally transforms daily tasks. An organization can buy or build three general types of digital workspaces: team-centric, all-encompassing, and intranet-replacing.
To support organizations searching for the right software solution for their unique needs, SoftwareReviews has identified the top digital workplace software providers for the year based on verified survey data collected from 861 end-user reviews. These providers have received high scores on SoftwareReviews' Emotional Footprint.
The Net Emotional Footprint (NEF) of each software provider is a result of aggregated emotional response ratings across the areas of service, negotiation, product impact, conflict resolution, strategy, and innovation. The NEF is a powerful indicator of overall user sentiment toward the provider and its product from the software user's point of view.
The 2022 Digital Workplace Software Champions are as follows:
- LumApps, 98 NEF, ranked high for its growth potential.
- Workgrid, 98 NEF, ranked high for saving time.
- Interact, 97 NEF, ranked high for including product enhancements.
- MangoApps, 96 NEF, ranked high for being respectful.
- Simpplr, 95 NEF, ranked high for being innovative and inspirational.
- Axero Solutions, 96 NEF, ranked high for being fair.
SoftwareReviews' comprehensive software reviews provide the most accurate and detailed view of a complicated and ever-changing market. The data comes from real end users who use the software day in and day out and IT professionals who have worked with it intimately through procurement, implementation, and maintenance.
To compare and evaluate digital workplace software providers using the most in-depth and unbiased analyst reports available, visit SoftwareReviews' Digital Workplace Solutions dedicated category page.
For more information about SoftwareReviews, the Data Quadrant, or Emotional Footprint, or to access resources to support the software selection process, visit softwarereviews.com and connect via LinkedIn, Twitter, and Facebook.
About SoftwareReviews
SoftwareReviews is the most in-depth source of buyer data and insights for the enterprise software market. By collecting customer experience data from business and IT professionals, the SoftwareReviews methodology produces detailed and authentic insights into the experience of evaluating and purchasing enterprise software.
View original content to download multimedia:
SOURCE SoftwareReviews | https://www.wafb.com/prnewswire/2022/08/03/these-top-digital-workplace-solutions-can-increase-productivity-engagement-across-hybrid-teams-according-softwarereviews-data/ | 2022-08-03T19:44:23Z | https://www.wafb.com/prnewswire/2022/08/03/these-top-digital-workplace-solutions-can-increase-productivity-engagement-across-hybrid-teams-according-softwarereviews-data/ | true |
The West Nile virus has been detected in Idaho mosquitos for the first time this year. Multiple cases were announced Wednesday.
Mosquitos carrying the virus were detected in Elmore County on July 29 and in Payette County on Aug. 2, as announced by the Idaho Department of Health and Welfare and the Payette County Mosquito Abatement District in separate press releases.
The positive mosquitoes in Elmore County were collected by the Elmore County Mosquito Abatement District; in Payette County, they were collected "during routine surveillance within the Kiwanis Park area" in Payette by the Payette County Mosquito Abatement District.
Infection with the virus can result in severe illness, especially in people 50 years and older, the department said in a press release.
West Nile virus infections were reported in 16 people, 15 horses and two birds in Idaho last year, and contributed to two human deaths.
“The detection of West Nile virus-positive mosquitoes in Elmore County indicates that conditions are right for transmission of the virus to people,” Dr. Leslie Tengelsen, state public health veterinarian, said in the Department of Health and Welfare's release. “This is the time of year when we typically start finding positive mosquitoes and reports of human and horse infections. We strongly encourage Idahoans to take measures against biting mosquitoes. These include wearing insect repellent and protective clothing and reducing standing water around gardens and homes where mosquitoes can lay their eggs.”
In response to its findings, the Payette County Mosquito Abatement District is increasing mosquito surveillance in the area and continuing to locate and treat larvae-infested waters, its release said. In addition, ground adulticide applications, made via truck-mounted sprayers, will be increased in the surrounding areas of Payette.
The virus is usually contracted from the bite of an infected mosquito. It is not spread from person-to-person through casual contact, the release said. Symptoms of infection can include fever, headache, body aches, nausea, and sometimes swollen lymph glands or a skin rash. If you feel ill, talk to your health care provider about testing for the virus.
West Nile virus does not usually affect domestic animals but can cause severe illness in horses and some species of birds. Although there is no vaccine for people, there are several vaccines for horses, which should be vaccinated annually, the release said.
To protect against infection, people should avoid mosquitoes, particularly between dusk and dawn when mosquitoes are most active. In addition, everyone should:
Cover up exposed skin when outdoors and apply DEET or other EPA-approved insect repellent to exposed skin and clothing. Carefully follow instructions on the product label, especially for children.
Insect-proof your home by repairing or replacing screens.
Reduce standing water around homes and properties. Check and drain toys, trays, and pots that are outdoors and can hold water.
Change bird baths, static decorative ponds, and animal water tanks weekly to reduce suitable mosquito habitat. | https://www.idahopress.com/news/local/multiple-cases-of-west-nile-virus-detected-in-idaho-1st-cases-this-year-in-state/article_0d878e0f-f8a2-59f5-9432-9a440a734076.html | 2022-08-03T19:45:03Z | https://www.idahopress.com/news/local/multiple-cases-of-west-nile-virus-detected-in-idaho-1st-cases-this-year-in-state/article_0d878e0f-f8a2-59f5-9432-9a440a734076.html | true |
Hollywood Brown arrested for criminal speeding in Arizona originally appeared on NBC Sports Washington
Arizona Cardinals wide receiver Marquise “Hollywood” Brown was arrested on Wednesday for criminal speeding.
Arizona Department of Public Safety spokesperson Bart Graves told Arizona Sports 98.7 that Brown was arrested at 7:05 a.m. heading southbound on Loop 101 in an HOV lane. In Arizona, criminal speeding includes anything over 85 mph and traveling 20 mph over any posted speed limit (H/T ProFootballTalk’s Josh Alper).
“We are aware of the situation regarding Hollywood Brown and have reported it to the NFL office as required. We will comment further as appropriate,” the Cardinals said in a statement.
Brown spent his first three NFL seasons with the Baltimore Ravens, who selected him with the 25th pick in the 2019 draft. Baltimore dealt him, along with a third-rounder, to Arizona in a 2022 draft-day deal for the Cardinals’ No. 23 overall pick.
The newly-acquired wideout began training camp on the non-football injury list due to a hamstring injury prior to being activated on Tuesday. He was not with the team during the portion of Wednesday’s practice that was in reporters’ sights, according to Arizona Sports 98.7. | https://www.nbcdfw.com/news/sports/cardinals-marquise-brown-arrested-for-criminal-speeding/3039334/ | 2022-08-03T19:46:12Z | https://www.nbcdfw.com/news/sports/cardinals-marquise-brown-arrested-for-criminal-speeding/3039334/ | false |
PITTSBURGH, Aug. 3, 2022 /PRNewswire/ -- "My wife is employed in the medical field and I wanted to create a safer way for her to transfer patients," said an inventor, from Pawcatuck, Conn., "so I invented the SIT TO STAND. My design could help to prevent discomfort and injuries for patients, workers and caregivers."
The patent-pending invention provides an improved way to transfer patients to and from various locations such as a bed, chair, wheelchair, etc. In doing so, it increases safety, comfort and convenience. It also reduces the risk of injury. The invention features a practical portable design that is easy to operate, so it is ideal for hospitals, medical facilities and individuals with various physical limitations or disabilities. Additionally, a prototype model is available upon request.
The original design was submitted to the National sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-OSK-220, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
View original content to download multimedia:
SOURCE InventHelp | https://www.wbrc.com/prnewswire/2022/08/03/inventhelp-inventor-develops-improved-patient-transfer-device-osk-220/ | 2022-08-03T19:46:52Z | https://www.wbrc.com/prnewswire/2022/08/03/inventhelp-inventor-develops-improved-patient-transfer-device-osk-220/ | false |
Take the train to experience the story of the "boy king"
WASHINGTON, Aug. 3, 2022 /PRNewswire/ -- Amtrak is the official transportation partner for a new exhibition "Beyond King Tut: The Immersive Experience," the exhibition produced in partnership with the National Geographic Society. Amtrak invites passengers and history buffs to conveniently travel via train to Washington, D.C., or Boston to experience the magic and mystery of ancient Egypt.
To promote "Take the Train to Tut," a specially-wrapped Amtrak locomotive will power Amtrak Northeast Regional service operating on the Northeast Corridor between Washington, D.C., and Boston. The locomotive is wrapped in vinyl and painted gold and black, and features an image of King Tut, and the message, "Go Beyond the Mask," representing a nod to the learning opportunities awaiting guests at the exhibition. The exhibition centers on the life and times of one of history's most well-known pharaohs. The locomotive will travel through Sept. 30.
"Beyond King Tut: The Immersive Experience" presents the story of Egypt's "boy king" coinciding with the 100-year anniversary of the tomb's discovery. Visitors will learn King Tut's story and relive the discovery of the tomb with all his treasures waiting inside, reclaimed from the desert sand after 3,000 years. With nine galleries to explore on a multi-sensory, multimedia journey, guests will go on a time traveling adventure.
The exhibition goes beyond a traditional artifact display using the power of photography and technology, ensuring that the artifacts from King Tut's tomb remain in their country of origin. The exhibit is open now through February 2023 at the National Geographic Museum in Washington, D.C., and through Oct. 2 at the SoWa Power Station in Boston, before extending to other cities throughout North America.
Amtrak passengers can take advantage of a 15% discount off exhibition tickets using code Amtrak15. The discount is valid through Sept. 30. Get tickets at BeyondKingTut.com.
In addition, Amtrak Saver Fares offer low prices on the Northeast Regional, select Keystone Service and select Pennsylvanian service trains. Book travel early to get these fares and save on convenient downtown-to-downtown service.
ATK-22-044
View original content:
SOURCE Amtrak | https://www.kxii.com/prnewswire/2022/08/03/amtrak-debuts-decorative-locomotive-celebrate-beyond-king-tut-exhibition-washington-dc-boston/ | 2022-08-03T19:50:14Z | https://www.kxii.com/prnewswire/2022/08/03/amtrak-debuts-decorative-locomotive-celebrate-beyond-king-tut-exhibition-washington-dc-boston/ | true |
The 21-year-old accused of opening fire at a July 4th parade in Highland Park, Illinois, pleaded not guilty Wednesday to 117 criminal charges, including 21 counts of first-degree murder, court officials said.
The gunman, Robert E. Crimo III, also was arraigned on 48 counts of attempted first-degree murder and 48 counts of aggravated battery, one for each victim who was struck by a bullet, bullet fragment or shrapnel, Lake County State's Attorney Eric Rinehart said.
If he is convicted of murdering any two people, he will face natural life in prison without the possibility of parole, Rinehart said. If the allegation of great bodily harm is proven, those 48 charges would also carry a sentence of up to natural life, Rinehart said. In addition, 48 counts of aggravated battery with a firearm were also charged, which carry a sentence of 6 to 30 years, served at 85 percent under Illinois law.
The court hearing came a month after Crimo allegedly climbed onto a rooftop in the Chicago suburb and opened fire on unsuspecting paradegoers, killing seven people.
He has been held without bail since being arrested during a traffic stop hours after the shooting. Crimo voluntarily admitted to authorities he fired two 30-round magazines before loading his weapon with a third and firing again, Lake County Assistant State's Attorney Ben Dillon said last month in a virtual bail hearing.
Public defenders for Crimo did not request a trial. "We certainly want them to have time to look at the evidence," Rinehart said. Crimo's next court date will be November 1.
Following the hearing, George Gomez, attorney for Crimo's mother, Denise Pesina, and father, Robert Crimo Jr., said Pesina had spoken to her son over the phone prior to the hearing. When asked why the parents were in attendance at Wednesday's hearing, Gomez said, "They wanted to show their support for their son."
"Obviously, at the end of the day Bobby Crimo III is still the son of my clients. They're supportive of, as much as possible, of what is occurring," Gomez said. "Obviously they're still devastated by what had occurred on July 4. However, you know, it is their son and they're trying to support Bobby Crimo III as much as possible."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.wlfi.com/news/national/highland-park-shooting-suspect-robert-e-crimo-iii-pleads-not-guilty-to-117-criminal-charges/article_811520dc-d907-5d06-bac5-6cca5ebfacf7.html | 2022-08-03T19:50:42Z | https://www.wlfi.com/news/national/highland-park-shooting-suspect-robert-e-crimo-iii-pleads-not-guilty-to-117-criminal-charges/article_811520dc-d907-5d06-bac5-6cca5ebfacf7.html | false |
PRT employee left 4-year-old in car while he went to work, police say
Advertisement
PRT employee left 4-year-old in car while he went to work, police say
A Pittsburgh Regional Transit worker is accused of leaving his child inside his car when he went to work. Police were called to the PRT Garage in Ross when another employee saw the 4-year-old in the car.Andre Reese told police he’d left the girl in the car, waiting for her mother to pick her up. He said he’d only planned for the girl to be alone for about 20 minutes. Police say the girl was in the car for close to an hour and that she was alert and in good health. The mother told police she had not been told to pick up her daughter. Reese is charged with endangering the welfare of a child. The PRT says Reese has worked as a mechanic with the organization since February 2021.
A Pittsburgh Regional Transit worker is accused of leaving his child inside his car when he went to work.
Police were called to the PRT Garage in Ross when another employee saw the 4-year-old in the car.
Advertisement
Andre Reese told police he’d left the girl in the car, waiting for her mother to pick her up.
He said he’d only planned for the girl to be alone for about 20 minutes.
Police say the girl was in the car for close to an hour and that she was alert and in good health.
The mother told police she had not been told to pick up her daughter.
Reese is charged with endangering the welfare of a child.
The PRT says Reese has worked as a mechanic with the organization since February 2021. | https://www.wtae.com/article/prt-employee-left-4-year-old-in-car-while-he-went-to-work-police-say/40798270 | 2022-08-03T19:50:52Z | https://www.wtae.com/article/prt-employee-left-4-year-old-in-car-while-he-went-to-work-police-say/40798270 | false |
RICHMOND, Va., Aug. 3, 2022 /PRNewswire/ -- The board of directors of Dominion Energy (NYSE: D) has declared a quarterly dividend of 66.75 cents per share of common stock.
Dividends are payable on Sept. 20, 2022, to shareholders of record at the close of business Sept. 2, 2022.
This is the 378th consecutive dividend that Dominion Energy or its predecessor company has paid holders of common stock. The company's last quarterly dividend was declared May 11, 2022.
View original content to download multimedia:
SOURCE Dominion Energy | https://www.kxii.com/prnewswire/2022/08/03/dominion-energy-declares-quarterly-dividend-6675-cents/ | 2022-08-03T19:51:05Z | https://www.kxii.com/prnewswire/2022/08/03/dominion-energy-declares-quarterly-dividend-6675-cents/ | false |
Phil Mickelson, Bryson DeChambeau are among 11 LIV golfers who have filed an antitrust lawsuit against the PGA Tour on Wednesday.
Three of those golfers - Talor Gooch, Hudson Swafford and Matt Jones - are seeking a temporary restraining order from a federal judge that would allow them to compete in the three FedEx Cup Playoffs, starting next week, per ESPN.
“The punishment that would accrue to these players from not being able to play in the FedEx Cup Playoffs is substantial and irreparable,” the golfers’ attorneys wrote in the lawsuit, “and a temporary restraining order is needed to prevent the irreparable harm that would ensue were they not to be able to participate.”
The others involved in the lawsuit are:
- Carlos Ortiz,
- Ian Poulter
- Peter Uihlein
- Jason Kokrak
- Pat Perez
- Abraham Ancer
“As part of its carefully orchestrated plan to defeat competition, the Tour has threatened lifetime bans on players who play in even a single LIV Golf event,” the lawsuit states. “It has backed up these threats by imposing unprecedented suspensions on players (including the Plaintiffs) that threaten irreparable harm to the players and their ability to pursue their profession. It has threatened sponsors, vendors, and agents to coerce players to abandon opportunities to play in LIV Golf events. And it has orchestrated a per se unlawful group boycott with the European Tour to deny LIV Golf access to their members.”
Check out the full report at ESPN.
Mark Heim is a sports reporter for The Alabama Media Group. Follwo him on Twitter @Mark_Heim. | https://www.al.com/sports/2022/08/phil-mickelson-bryson-dechambeau-9-others-file-antitrust-lawsuit-against-pga-tour.html | 2022-08-03T19:51:56Z | https://www.al.com/sports/2022/08/phil-mickelson-bryson-dechambeau-9-others-file-antitrust-lawsuit-against-pga-tour.html | true |
ROCKVILLE, Md., Aug. 3, 2022 /PRNewswire/ -- Cirrus Dx, Inc. ("CirrusDx"), an infectious disease diagnostics and laboratory company, announces the acquisition of Dascena Inc.'s Houston-based laboratory business, Dascena Labs, LLC ("Dascena Labs").
Through the acquisition CirrusDx will enhance its current services by further expanding its national laboratory footprint, while strengthening its sequencing capabilities. Dascena Labs is a state-of-the-art CLIA laboratory capable of high-volume specialized testing.
"We are pleased to continue to drive growth" said Kyle Armantrout, Managing Partner at CirrusDx. "Acquiring the expertise and technology of Dascena Labs aligns with our services, allowing us to build on our current offerings and our mission to support long-term care centers, regional hospitals, and healthcare providers."
CirrusDx operates as a vertically integrated diagnostic company comprised of a CLIA High Complexity laboratory offering advanced diagnostics assays and diagnostic instrumentation. CirrusDx is the commercial companion company to Tetracore, a biotechnology company specializing in the development and manufacture of infectious disease diagnostic assays. For more information visit: www.cirrusdx.com
View original content to download multimedia:
SOURCE CirrusDx | https://www.kalb.com/prnewswire/2022/08/03/cirrusdx-acquires-dascenas-texas-laboratory-business-expanding-infectious-disease-portfolio/ | 2022-08-03T19:54:19Z | https://www.kalb.com/prnewswire/2022/08/03/cirrusdx-acquires-dascenas-texas-laboratory-business-expanding-infectious-disease-portfolio/ | false |
Third Company Facility to Receive the Significant Environmental Validation
WASHINGTON, Aug. 3, 2022 /PRNewswire/ -- Perdue Farms announced today that its food-producing facility in Washington, Ind. has earned GreenCircle Zero Waste to Landfill certification, making it the first U.S. turkey processing facility and third Perdue facility to earn this important third-party environmental validation. During the audit period between May 2021-April 2022, GreenCircle validated that the Indiana operation diverted 100 percent of its waste from going to landfills starting in January of 2022, and kept nearly 155 million pounds from landfills during the total audit period.
GreenCircle completed extensive audits and assessments of all waste streams at the facility, including hazardous and non-hazardous materials, inspection of all waste receptacles, and assessment of all third-party waste management companies to confirm management methods and diversion rates. Every aspect of the operations' waste was assessed, including the personal protective equipment worn by associates, the process used to minimize contamination of the cardboard recycling stream, and the beneficial reuse of cardboard, paper, and feathers, as a few examples.
"The certification of our Indiana operation reflects the effort behind achieving our company's vision to be the most trusted name in food and agricultural products, and our commitment to being good stewards of our environment," said Drew Getty, vice president of environmental sustainability and government relations for Perdue Farms. "We continue working to expand our zero waste to landfill efforts to additional operations, and our progress to reduce our environmental impact in our operations represents our company's holistic approach to responsible and sustainable practices."
Perdue's Lewiston, N.C. facility became the first U.S. poultry company to earn GreenCircle certification in 2020, and its Petaluma, Calif. operation earned the certification in 2021.
"This achievement required an enormous collective effort from our team here, and we are tremendously proud to contribute to the company's overall goals to reduce our environmental impact," said Brandon Bottorff, director of operations at Perdue's Washington, Ind. facility. "The GreenCircle team's expertise helped us solidify best practices and processes for achieving our goals as well as continuous improvement."
"Perdue's pursuit of their waste diversion goals demonstrates that transparency and continuous improvement are essential to the way they do business," said Michelle Bonanno, director of operations at GreenCircle. "Our Zero Waste to Landfill certification requires absolute commitment to waste diversion and waste minimization. In order to earn our certification, companies must divert 100 percent of their waste from landfill. The goal of our certification is to help companies understand the reality of their waste minimization and zero waste programs. That information enables them to minimize waste, manage materials to reduce their environmental impact, and achieve their environmental stewardship goals."
In 2018, Perdue Farms established aggressive five-year environmental sustainability goals, including improving its solid waste diversion from landfills by 90 percent by 2023. Today, the company has diverted more than 94 percent of solid waste from landfills, as shared in Perdue's FY22 Stewardship Report.
To learn more about the company's progress in environmental sustainability, click here.
We're a fourth-generation, family owned, U.S. food and agriculture company. Through our belief in responsible food and agriculture, we are empowering consumers, customers, and farmers through trusted choices in products and services.
The premium protein portfolio within our Perdue Foods business, including our flagship PERDUE® brand, Niman Ranch®, Panorama Organic Grass-Fed Meats®, Coleman Natural®, and Yummy®, as well as our pet brands, Spot Farms® and Full Moon®, is available through various channels including retail, foodservice, club stores, and our direct-to-consumer website, PerdueFarms.com.
Perdue AgriBusiness is an international agricultural products and services company.
Now in our company's second century, our path forward is about getting better, not just bigger. We never use drugs for growth promotion in raising poultry and livestock, and we are actively advancing our animal welfare programs. Our brands are leaders in no-antibiotics-ever chicken, turkey, pork, beef and lamb, and in USDA-certified organic chicken and beef. Learn more at Corporate.PerdueFarms.com.
GreenCircle Certified was established in 2009 after our founders encountered many unsubstantiated claims in the marketplace. GreenCircle is an internationally recognized third-party certification entity whose thorough evaluation process provides independent verification that sustainability claims related to an organization's products and operations are honest, valid, and verified. GreenCircle is ISO 17065 compliant, following industry requirements for bodies certifying products, processes, and services. GreenCircle is recognized by the U.S. Federal Government as a recommended Ecolabel for all federal purchasing, by the Association of Plastic Recyclers (APR), and the United States Green Building Council (USGBC) as a valid third-party certification entity. In today's discerning market, third-party certification is a valuable asset in establishing brand integrity and developing consumer confidence.
View original content to download multimedia:
SOURCE Perdue Farms | https://www.kalb.com/prnewswire/2022/08/03/perdue-farms-indiana-facility-becomes-first-us-turkey-plant-achieve-greencircle-zero-waste-landfill-certification/ | 2022-08-03T19:56:00Z | https://www.kalb.com/prnewswire/2022/08/03/perdue-farms-indiana-facility-becomes-first-us-turkey-plant-achieve-greencircle-zero-waste-landfill-certification/ | true |
Secretary of State Paul Pate is currently working with the Iowa Department of Public Safety and the Iowa Department of Transportation to raise awareness about human trafficking in Iowa.
In January, Secretary Pate launched the Iowa Businesses against Trafficking (IBAT) initiative to empower businesses to help in the fight to end human trafficking through training and outreach programs. It is a component of Iowa’s Safe at Home program, which offers confidentiality to survivors of domestic violence, assault, stalking, sexual abuse and human trafficking.
With the help of the Iowa Department of Public Safety’s Office to combat human trafficking and the Iowa Department of Transportation, their collaboration allows for investigative capabilities, training, resources and a reporting tool to collect information on suspected trafficking. Motor Vehicle Enforcement officers from the Department of Transportation also have special outreach programs to educate drivers on how to recognize signs of human trafficking.
According to the IBAT website, the U.S. Department of State estimates that between 14,500 to 17,500 people are trafficked into the United States each year. The IBAT initiative’s goal is to one day make Iowa a trafficking-free state.
“Human trafficking is a form of modern-day slavery, and there is no place for it anywhere,” Pate said. “My challenge to Iowans is to learn more, keep your eyes open and report it to law enforcement when you see something suspicious.”
The Iowa Department of Public Safety’s Office to Combat Human Trafficking offers free online training at STOPHTIowa.org, which is available year-round. This curriculum is required for any business that provides lodging for its employees or for publicly funded events.
“We appreciate the Secretary of State’s and the Department of Transportation’s efforts to increase awareness,” said the Iowa Office to Combat Human Trafficking Special Agent in Charge Chris Callaway. “Our goal is that awareness in the lodging industry and the general public leads to increased reporting. In the last two years, our department has trained and certified nearly 600 lodging properties and more than 17,500 staff to identify human trafficking.”
Since the launch of the IBAT coalition, more than 550 businesses and organizations have joined the fight against human trafficking. Businesses are asked to educate employees, customers and industry partners on the signs of human trafficking and empower more people to take action to prevent human trafficking in Iowa.
For more information about Iowa’s efforts against human trafficking, visit the Iowa Office to Combat Human Trafficking website. | https://www.iowastatedaily.com/news/iowa-works-to-combat-human-trafficking-within-the-state/article_b8d39990-12cf-11ed-ac60-3f1661272e02.html | 2022-08-03T19:58:06Z | https://www.iowastatedaily.com/news/iowa-works-to-combat-human-trafficking-within-the-state/article_b8d39990-12cf-11ed-ac60-3f1661272e02.html | true |
Take the train to experience the story of the "boy king"
WASHINGTON, Aug. 3, 2022 /PRNewswire/ -- Amtrak is the official transportation partner for a new exhibition "Beyond King Tut: The Immersive Experience," the exhibition produced in partnership with the National Geographic Society. Amtrak invites passengers and history buffs to conveniently travel via train to Washington, D.C., or Boston to experience the magic and mystery of ancient Egypt.
To promote "Take the Train to Tut," a specially-wrapped Amtrak locomotive will power Amtrak Northeast Regional service operating on the Northeast Corridor between Washington, D.C., and Boston. The locomotive is wrapped in vinyl and painted gold and black, and features an image of King Tut, and the message, "Go Beyond the Mask," representing a nod to the learning opportunities awaiting guests at the exhibition. The exhibition centers on the life and times of one of history's most well-known pharaohs. The locomotive will travel through Sept. 30.
"Beyond King Tut: The Immersive Experience" presents the story of Egypt's "boy king" coinciding with the 100-year anniversary of the tomb's discovery. Visitors will learn King Tut's story and relive the discovery of the tomb with all his treasures waiting inside, reclaimed from the desert sand after 3,000 years. With nine galleries to explore on a multi-sensory, multimedia journey, guests will go on a time traveling adventure.
The exhibition goes beyond a traditional artifact display using the power of photography and technology, ensuring that the artifacts from King Tut's tomb remain in their country of origin. The exhibit is open now through February 2023 at the National Geographic Museum in Washington, D.C., and through Oct. 2 at the SoWa Power Station in Boston, before extending to other cities throughout North America.
Amtrak passengers can take advantage of a 15% discount off exhibition tickets using code Amtrak15. The discount is valid through Sept. 30. Get tickets at BeyondKingTut.com.
In addition, Amtrak Saver Fares offer low prices on the Northeast Regional, select Keystone Service and select Pennsylvanian service trains. Book travel early to get these fares and save on convenient downtown-to-downtown service.
ATK-22-044
View original content:
SOURCE Amtrak | https://www.cleveland19.com/prnewswire/2022/08/03/amtrak-debuts-decorative-locomotive-celebrate-beyond-king-tut-exhibition-washington-dc-boston/ | 2022-08-03T19:59:24Z | https://www.cleveland19.com/prnewswire/2022/08/03/amtrak-debuts-decorative-locomotive-celebrate-beyond-king-tut-exhibition-washington-dc-boston/ | true |
BATON ROUGE, La. (AP) — A return to in-person learning is a factor in a small rebound in standardized test scores for Louisiana students, the state Education Department said Wednesday.
The percentage of students in grades 3 through 8 who achieved levels of mastery or proficient on overall subject matter reached 31%. That’s up 1 percentage point from the year before on the exams, which are known as the LEAP 2025 tests.
Although the overall percentage was up, a review of scores by The Advocate shows that it’s still down from 34% in 2019. That’s the last year the tests were given before the COVID-19 pandemic.
Math and English mastery-or-better scores rose 3 percentage points over the last year — to 30% and 42%, respectively. Science was up 2 percentage points to 27% over last year, while social studies mastery was the same as last year at 25%.
“K-12 education is on the rise in Louisiana because we kept schools open, strategically allocated resources, and developed innovative solutions to recover and accelerate student learning,” state Superintendent of Education Cade Brumley said in a news release.
Brumley told The Advocate he was not surprised by the social studies scores, blaming the stagnant scores on an outdated curriculum, which is being replaced by the state Board of Elementary and Secondary Education.
Achievement levels fall into one of five categories: unsatisfactory, approaching basic, basic, mastery and proficient. Students who score mastery or proficient are ready for the next grade level, officials said.
Statistics on LEAP 2025 results for this year and past years can be seen on the state Department of Education's website. | https://www.sfchronicle.com/news/article/Some-improvement-in-Louisiana-standardized-test-17348830.php | 2022-08-03T20:01:22Z | https://www.sfchronicle.com/news/article/Some-improvement-in-Louisiana-standardized-test-17348830.php | false |
HEALDSBURG, Calif., Aug. 3, 2022 /PRNewswire/ -- Truett-Hurst, Inc. (the "Company") today announced the appointment of Emilie Eliason as Chief Executive Officer (CEO) of the Company, effective August 1, 2022. Ms. Eliason is also a member of the Board of Directors of the Company.
Ms. Eliason most recently served as General Manager of Geodesy Wine, a social enterprise wine company, with all proceeds from vineyard and wine operations funding a young women's development and leadership program. Prior to Geodesy, Ms. Eliason was Vice President of Marketing, Consumer Sales & Innovation at Crimson Wine Group where she led Crimson's innovation efforts to bring new wines and experiences to life. Ms. Eliason was previously Vice President of Marketing at J Vineyards & Winery where she managed Marketing, Public Relations and Consumer Sales. Emilie has over twenty years of extensive brand marketing and direct marketing experience from her roles at Gallo, Treasury Wine Estates, Diageo and Clorox. Emilie has a BA from Amherst College and an MBA from Stanford Graduate School of Business.
"Emilie's innovative leadership experience and her deep understanding of the Direct -to-Consumer model will be very valuable to Truett Hurst as the Company enters the next phase of growth," said Dan Carroll, the Chairman of the Company's Board of Directors.
"I'm excited for the opportunity to lead Truett Hurst at such a pivotal time. The business has great momentum with an excellent wine portfolio, talented team and unique experiences at the property. I look forward to building and expanding on what Paul has created over the past few years," said Ms. Eliason.
Paul Dolan, the co-founder of the Company, has served as its CEO since November 1, 2018. He will remain a board member of the Company.
About Truett-Hurst, Inc.
Truett-Hurst, Inc. (OTC: THST) is a holding company and its sole asset is the controlling equity interest in H.D.D. LLC., an innovative super-premium, ultra-premium and luxury wine sales, marketing and production company based in the acclaimed Dry Creek Valley of Sonoma County, California. Truett-Hurst, Inc. is headquartered in Healdsburg, California.
Contact: Karen Weaver, Chief Financial Officer, karen@truetthurst.com
View original content to download multimedia:
SOURCE Truett-Hurst, Inc. | https://www.cleveland19.com/prnewswire/2022/08/03/truett-hurst-inc-announces-appointment-new-chief-executive-officer/ | 2022-08-03T20:02:42Z | https://www.cleveland19.com/prnewswire/2022/08/03/truett-hurst-inc-announces-appointment-new-chief-executive-officer/ | false |
Micro-LED Display Market Size, Share, Growth, Companies | Industry Report, 2022-2030
OREGAON, PORTLAND, UNITED STATES, August 3, 2022 /EINPresswire.com/ -- Allied Market Research published a report, titled, “Micro-LED Display Market by Product (Large scale Display, Small and Medium-sized Display, Micro Display), by Application (Smartphone and Tablet, PC and Laptop, TV, Smartwatch, Others), by Industry Vertical (Consumer Electronics, Entertainment and Sports, Automotive, Retail, Government and Defense, Others): Global Opportunity Analysis and Industry Forecast, 2020-2030”.
The report offers an extensive analysis of drivers and opportunities, key segments, top investment pockets, competitive landscape, and value chain. These data, statistics, and insights will prove to be helpful for market players, shareholders, new entrants, and investors to avail information about the market and adopt various strategies for growth.
𝐂𝐥𝐢𝐜𝐤 𝐡𝐞𝐫𝐞 𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐟𝐨𝐫 𝐏𝐃𝐅 @ https://www.alliedmarketresearch.com/request-sample/2322
The research provides comprehensive analysis of drivers, restraints, and opportunities of the global micro-LED display market. These insights are valuable in identifying driving factors, emphasize on them, and implement strategies to help achieve a sustainable growth. Furthermore, market players, investors, and startups can utilize this information to determine new opportunities, explore the market potential, and gain a competitive edge.
The report provides a detailed impact of the Covid-19 pandemic on the global micro-LED display market. This information will help market players, investors, and others to change strategies accordingly to cope up with the pandemic and sustain in the market.
Key Market Segments Includes:
• By Product
• Micro Display
• Large scale Display
• Small and Medium-sized Display
• By Application
• Smartphone and Tablet
• PC and Laptop
• TV
• Smartwatch
• Others
• By Industry Vertical
• Consumer Electronics
• Entertainment and Sports
• Automotive
• Retail
• Government and Defense
• Others
A detailed analysis of each segment and sub-segment is provided in the report. Tabular and graphical formats are utilized for enabling a better understanding. This analysis is valuable in identifying the fastest growing and highest revenue generating segments. It will help market players in adopting various strategies to achieve sustainable growth.
Request For Customization @ https://www.alliedmarketresearch.com/request-for-customization/2322?reqfor=covid
The research offers a detailed analysis of the global micro-LED display market for each region. Regions analyzed in the study include North America (The U.S., Canada, and Mexico), Europe (Germany, the U.K., Russia, Spain, France, and Italy), Asia-Pacific (China, Japan, Korea, India, and rest of Asia-Pacific), and LAMEA (Latin America, Middle-East, and Africa). The data and statistics mentioned in the research are valuable in determining strategies such as expansion in specific regions and exploring untapped potential in different markets. AMR also offers customization services for a specific region and segment as per client requirements.
Key Benefits for Stakeholders
• This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the operating room equipment market analysis from 20WW to 20MM to identify the prevailing operating room equipment market opportunities.
• The market research is offered along with information related to key drivers, restraints, and opportunities.
• Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
• In-depth analysis of the operating room equipment market segmentation assists to determine the prevailing market opportunities.
• Major countries in each region are mapped according to their revenue contribution to the global market.
• Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the micro-LED display market players.
• The report includes the analysis of the regional as well as global operating room equipment market trends, key players, market segments, application areas, and micro-LED display market growth strategies.
The Interested Potential Key Market Players Can Enquire for the Report Purchase at: https://www.alliedmarketresearch.com/purchase-enquiry/2322
The report offers a detailed analysis of top market players operating in the global micro-LED display market. The leading market players analyzed in the report include Aledia, Apple Inc., eLux, Inc., Glo AB, LG Display, PlayNitride Inc., Rohinni LLC, Samsung Electronics Co. Ltd., Sony Corporation, and VueReal. They implemented various strategies including new product launches, mergers and acquisitions, joint ventures, collaborations, expansion, partnerships, and others to achieve growth and gain international presence.
The adoption of micro-LED display market is increasing considerably in recent years owing to its usefulness and effectiveness. With rapid technological advancements, the application areas of micro-LED display market are expanding to various domains. The research offers a comprehensive analysis of drivers, restraints, and opportunities of the global micro-LED display market.
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
David Correa
Allied Analytics LLP
800-792-5285
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn | https://www.einpresswire.com/article/584291821/micro-led-display-market-size-share-growth-companies-industry-report-2022-2030 | 2022-08-03T20:03:54Z | https://www.einpresswire.com/article/584291821/micro-led-display-market-size-share-growth-companies-industry-report-2022-2030 | true |
Oglethorpe CEO praises NRC and Vogtle 3 workforce for hard work, perseverance
TUCKER, Ga., Aug. 3, 2022 /PRNewswire/ -- Today, Oglethorpe Power Chief Executive Officer Michael L. Smith issued the following statement regarding the U.S. Nuclear Regulatory Commission (NRC) finding that all acceptance criteria in the combined license for Vogtle Electric Generating Plant, Unit 3 are met. Oglethorpe Power is a co-owner of Vogtle Units 3 and 4.
"Oglethorpe Power would like to recognize the U.S. Nuclear Regulatory Commission for its preparedness and efficient effort to find that Vogtle Unit 3 has met all inspections, tests, analyses and acceptance criteria to operate the facility. The NRC's thorough oversight resulted in this finding, which is a key step toward loading fuel for Unit 3 and assuring that we have a safe and reliable generating facility that can serve Georgians for the next 60-80 years," said Smith. "Oglethorpe is proud of the hard work and perseverance of thousands of men and women in the Vogtle workforce that are responsible for this good news today."
About Oglethorpe Power
Oglethorpe Power is one of the nation's largest power supply cooperatives with more than $15 billion in assets serving 38 Electric Membership Corporations which, collectively, provide electricity to approximately 4.4 million Georgia residents. A proponent of conscientious energy development and use, Oglethorpe Power balances reliable and affordable energy with environmental responsibility and has an outstanding record of regulatory compliance. Its diverse energy portfolio includes natural gas, nuclear, hydroelectric and coal generating plants with a combined capacity of more than 8,300 megawatts. Oglethorpe Power was established in 1974 and is owned by its 38 Member Systems. Its headquarters are in Tucker, Georgia, an Atlanta suburb. For more information, visit www.opc.com.
View original content to download multimedia:
SOURCE Oglethorpe Power Corporation | https://www.kfyrtv.com/prnewswire/2022/08/03/oglethorpe-power-issues-statement-nrc-vogtle-3-finding/ | 2022-08-03T20:04:15Z | https://www.kfyrtv.com/prnewswire/2022/08/03/oglethorpe-power-issues-statement-nrc-vogtle-3-finding/ | true |
JACKSON TOWNSHIP, LUZERNE COUNTY (WBRE/WYOU) — Amy Feldman’s son, August, just turned 1-year-old this week. She still nurses him to help give him the nutrition he needs.
This first week of August is World Breastfeeding Week. Breastfeeding offers so many health benefits to mothers and babies.
Breastfeeding is a choice which impacts individual families and public health.
Along with the ongoing formula crisis and the American Academy of Pediatrics recently released recommendations that babies be breastfed until 2 years or beyond, the benefits of breastfeeding are getting much-needed attention.
Luzerne County ranks below average for moms who nurse their young children.
Healthbeat reporter Mark Hiller will have more on Eyewitness News at 5 p.m. | https://www.pahomepage.com/lifestyle/healthbeat/first-week-of-august-marks-world-breastfeeding-week/ | 2022-08-03T20:06:07Z | https://www.pahomepage.com/lifestyle/healthbeat/first-week-of-august-marks-world-breastfeeding-week/ | false |
DALLAS TOWNSHIP, LUZERNE COUNTY (WBRE/WYOU) — The state is emphasizing a new tool in the fight against substance use disorder.
Officials gathered Wednesday at Pyramid Healthcare in Dallas Township to talk about ‘ATLAS,’ which stands for Addiction Treatment Locator, Assessment, and Standards platform.
Pyramid Healthcare is among the more than 500 substance use disorder treatment facilities statewide which can be found on ‘ATLAS’.
Reporter Mark Hiller will have more on a later edition of Eyewitness News. | https://www.pahomepage.com/news/local-news/new-addiction-treatment-comes-to-pyramid-healthcare/ | 2022-08-03T20:06:32Z | https://www.pahomepage.com/news/local-news/new-addiction-treatment-comes-to-pyramid-healthcare/ | false |
MALACCA: Twenty-three teachers identified to be under stress, will be called to undergo certain processes including counselling to boost their motivation and mental health.
State Education and Technology Committee chairman, Datuk Rais Yasin said all of them were found to be stressed out based on the Depression, Anxiety and Stress Scales (DASS) test in Malacca,
“Some of them are under pressure not due to work, but external factors such as facing problems at home, financial and family issues. We have identified these teachers and they are to undergo counselling.
“I will personally monitor their status and I hope the pressure faced by the teachers can be reduced,” he told reporters here today after officiating at the State School Sports Council’s Netball Championship at the Krubong Community Hall.
All the 23 teachers (3.54 per cent) identified are among 648 of the 13,976 teachers in Malacca who were found to be under stress through the DASS test while 28 (4.32 per cent) were found to be depressed.
On July 27, Chief Minister Datuk Seri Sulaiman Md Ali instructed the Malacca State Education Department to investigate the causes of 648 teachers in the state being stressed out and depressed. - Bernama | https://www.thesundaily.my/local/23-stressed-out-teachers-in-malacca-to-undergo-counselling-HY9540810 | 2022-08-03T20:07:03Z | https://www.thesundaily.my/local/23-stressed-out-teachers-in-malacca-to-undergo-counselling-HY9540810 | true |
You need to enable JavaScript to run this app. | https://sportspyder.com/mlb/toronto-blue-jays/articles/40278530 | 2022-08-03T20:09:55Z | https://sportspyder.com/mlb/toronto-blue-jays/articles/40278530 | false |
SAN DIEGO — This is quite a time to be a season ticket holder for the San Diego Padres.
Great weather, a jewel of a ballpark — and perhaps the most exciting lineup in baseball for the near future.
The Padres landed the biggest prize of this year's trade deadline — and maybe at any year's deadline — when they acquired outfielder Juan Soto, a 23-year-old superstar who isn't due to become a free agent until after the 2024 season. To get him, they had to send six players to Washington, including several of their top recent prospects.
It's a massive move for an organization that has never won a World Series — but now adds Soto to a team that has Fernando Tatis Jr., Manny Machado and Yu Darvish. San Diego also traded for closer Josh Hader this week.
Here's a look at the biggest buyers and sellers at this year's deadline, and how they've reshaped their futures.
BUYERS
San Diego Padres (60-46, second NL wild card)
Acquired: OF Juan Soto, 1B Josh Bell, LHP Josh Hader, 2B Brandon Drury, C Cam Gallagher, LHP Jay Groome.
Traded: LHP MacKenzie Gore, SS C.J. Abrams, OF Robert Hassell III, OF James Wood, RHP Jarlin Susana, 1B Luke Voit, LHP Taylor Rogers, RHP Dinelson Lamet, 2B Esteury Ruiz, LHP Robert Gasser, SS Victor Acosta, OF Brent Rooker, 1B Eric Hosmer, 2B Max Ferguson, OF Corey Rosier.
Analysis: It was going to take a big offer to pry Soto loose from the Nationals, and the Padres always made some sense as a destination. They had enough attractive prospects to make the deal happen — and because they were already postseason contenders, adding Soto can benefit them even if he only stays through 2024. Bell brings power to the lineup as well.
Philadelphia Phillies (55-48, third NL wild card)
Acquired: RHP Noah Syndergaard, RHP David Robertson, OF Brandon Marsh, 2B Edmundo Sosa.
Traded: C Logan O'Hoppe, LHP JoJo Romero, OF Mickey Moniak, OF Jadiel Sanchez, RHP Ben Brown.
Analysis: Chasing their first postseason berth since 2011, the Phillies added help in the rotation, the bullpen, the infield and the outfield. Philadelphia moved on from Moniak, the top pick in the 2016 draft.
Seattle Mariners (56-49, second AL wild card)
Acquired: RHP Luis Castillo, LHP Matthew Boyd, C Curt Casali.
Traded: SS Noelvi Marte, SS Edwin Arroyo, RHP Levi Stoudt, RHP Andrew Moore, LHP Anthony Misiewicz, RHP Michael Stryffeler, C Andy Thomas.
Analysis: Speaking of postseason droughts, the Mariners haven't qualified since 2001, and they approached this deadline with a sense of urgency, sending three of their top prospects to Cincinnati for Castillo. Boyd had some good moments in Detroit but didn't pitch at all this year for San Francisco because of elbow problems.
New York Yankees (70-35, first place in AL East)
Acquired: RHP Frankie Montas, RHP Lou Trivino, OF Andrew Benintendi, OF Harrison Bader, RHP Scott Effross, RHP Clayton Beeter.
Traded: OF Joey Gallo, LHP Jordan Montgomery, LHP Ken Waldichuk, LHP JP Sears, RHP Luis Medina, 2B Cooper Bowman, RHP Chandler Champlain, LHP T.J. Sikkema, RHP Beck Way, RHP Hayden Wesneski.
Analysis: Considering what Seattle gave up for Castillo, the Yankees probably feel pretty good about landing Montas, who had a 3.18 ERA in 19 starts this year for Oakland. Benintendi and Bader give New York more outfield options, although the latter has been dealing with foot problems.
Minnesota Twins (54-49, first place in AL Central)
Acquired: RHP Jorge Lopez, RHP Tyler Mahle, RHP Michael Fulmer, C Sandy Leon.
Traded: RHP Yennier Cano, LHP Cade Povich, LHP Juan Rojas, RHP Juan Nunez, RHP Ian Hamilton, SS Spencer Steer, 3B Christian Encarnacion-Strand, LHP Steve Hajjar, RHP Sawyer Gipson-Long.
Analysis: Lopez and Fulmer can help Minnesota's bullpen, and Mahle has been solid over the past couple months for the Reds. And none of the Twins' top AL Central rivals did anything all that special at the deadline.
SELLERS
Washington Nationals (36-69, last place in NL East)
Traded: OF Juan Soto, 1B Josh Bell, SS Ehire Adrianza.
Acquired: SS C.J. Abrams, OF Robert Hassell III, LHP MacKenzie Gore, OF James Wood, 1B Luke Voit, RHP Jarlin Susana, 2B Trey Harris.
Analysis: It's one thing to trade a star for prospects. It's another to give up a generational talent who was under team control for another couple years. If Soto's career proceeds as expected, there may always be questions about whether the Nationals tried hard enough to keep him. That said, Washington received plenty in return. Hassell immediately becomes the team's top prospect, according to MLB Pipeline. Abrams and Gore are both top-six draft picks who made their big league debuts this year.
Cincinnati Reds (42-61, third place in NL Central)
Traded: RHP Luis Castillo, RHP Tyler Mahle, OF Tommy Pham, 2B Brandon Drury, OF Tyler Naquin, LHP Phillip Diehl.
Acquired: SS Noelvi Marte, SS Edwin Arroyo, RHP Levi Stoudt, RHP Andrew Moore, 2B Hector Rodriguez, RHP Jose Acuna, SS Spencer Steer, 3B Christian Encarnacion-Strand, LHP Steve Hajjar, SS Victor Acosta, C Austin Romine.
Analysis: The Reds cashed out with Castillo, acquiring Marte and Arroyo, who are ranked as the No. 17 and No. 92 prospects by MLB Pipeline. Cincinnati now has six of the top 100.
Oakland Athletics (39-66, last place in AL West)
Traded: RHP Frankie Montas, RHP Lou Trivino, C Austin Allen.
Acquired: LHP Ken Waldichuk, LHP JP Sears, RHP Luis Medina, 2B Cooper Bowman, RHP Carlos Guarate.
Analysis: The 24-year-old Waldichuk was the top prospect the A's received. He was excellent at Double-A this year and has posted a 3.59 ERA in 11 starts at Triple-A.
Baltimore Orioles (53-51, 1 1/2 games behind third AL wild card)
Traded: 1B Trey Mancini, RHP Jorge Lopez.
Acquired: RHP Seth Johnson, RHP Chayce McDermott, RHP Yennier Cano, LHP Cade Povich, LHP Juan Rojas, RHP Juan Nunez, OF Brett Phillips.
Analysis: The Orioles were in a tricky spot, because although they've been rebuilding, they're also surprisingly in contention for a wild card after two good months. Trading Mancini wasn't the sentimental move, but he can become a free agent after this season, so a breakup might have come soon anyway. Lopez was Baltimore's closer, but its bullpen has been very good this year and may be able to withstand his departure. | https://www.fox43.com/article/sports/locked-on/lo-national/locked-on-mlb/padres-mariners-yankees-headline-mlb-trade-deadline-buyers-juan-soto-josh-bell-new-york-san-diego-luis-castillo-orioles-phillies/535-b8215709-ae5e-4fe2-9f8a-a0bd7d169a58 | 2022-08-03T20:11:30Z | https://www.fox43.com/article/sports/locked-on/lo-national/locked-on-mlb/padres-mariners-yankees-headline-mlb-trade-deadline-buyers-juan-soto-josh-bell-new-york-san-diego-luis-castillo-orioles-phillies/535-b8215709-ae5e-4fe2-9f8a-a0bd7d169a58 | false |
TREVOSE, Pa., Aug. 3, 2022 /PRNewswire/ -- The Advertising Specialty Institute® (ASI) has announced the honorees of the 2022 Counselor Awards, including Jim Shannon, CEO of S&S Activewear, the industry's third largest promotional products supplier with over $1.5 billion in 2021 North American promo revenue, as Person of the Year, and John Lynch, founder of leading European decorator Lynka, as International Person of the Year.
ASI serves a network of 25,000 suppliers, distributors, and decorators in the $23.2 billion promotional products industry. Counselor Award recipients were honored at an awards ceremony during ASI's 23rd annual Chicago trade show.
"ASI's Counselor Awards honor the promotional products industry's fortitude, self-reliance and success, exemplified now more than ever by this year's honorees," said ASI CEO Timothy M. Andrews.
In the past 18 months, Shannon orchestrated major acquisitions of former Top 40 supplier TSC Apparel and TSF Sportswear and arranged the sale of S&S to a private equity firm. S&S is also a leader on several major fronts, including sustainability.
In 2021, Lynch sold majority ownership of his Polish-based company, launched a new print-on-demand business, and published a novel. The humanitarian also launched Corporate Aid for Ukraine (CAU), while transporting Ukrainian refugees to shelters and homes of Polish citizens.
ASI's Counselor magazine also revealed its annual Top 40 distributor and Top 40 supplier rankings – the largest companies in the industry based on 2021 promo revenue.
With $822 million in North American promotional products sales, HALO Branded Solutions remained the No. 1 distributor for the second year in a row. SanMar once again topped the supplier list with an estimated $2.88 billion in sales.
Also honored:
Technology Executive of the Year: Mike Knapick, SanMar CIO
Distributor Entrepreneur of the Year: Lisa Smith, Republic Promos founder
Supplier Entrepreneur of the Year: Amin Siddiqui, imprintID founder
Distributor Family Business of the Year: Barker Specialty
Supplier Family Business of the Year: Shelbyville Pencil Company/Shepenco
Woman of Distinction: Debbie Abergel, Nadel chief strategy officer
Lifetime Achievement Award: Fred Oesen, co-founder of Team Task Force and former ASI Canada VP
Bess Cohn Humanitarian Award: Ben Grossman, co-president of Grossman Marketing Group and SwagCycle founder
Counselor Awards are nominated by industry peers and chosen by an in-house committee. Recipients are featured in Counselor magazine's annual State of the Industry (SOI) issue.
The Advertising Specialty Institute (ASI®; asicentral.com) serves a network of 25,000 suppliers, distributors, and decorators in the $23.2 billion promotional products industry.
View original content to download multimedia:
SOURCE Advertising Specialty Institute | https://www.kbtx.com/prnewswire/2022/08/03/asi-announces-2022-winners-promos-prestigious-counselor-awards/ | 2022-08-03T20:12:14Z | https://www.kbtx.com/prnewswire/2022/08/03/asi-announces-2022-winners-promos-prestigious-counselor-awards/ | true |
BIRMINGHAM, Ala. (WIAT) — Human remains that were found in a wrecked car in Georgia are believed to be those of a nurse from South Carolina who was on her way to Birmingham last month but never made it, police report.
Shauna Brown, a nurse who worked at Prisma Baptist Health in Columbia, South Carolina, was last seen July 10 after she had left home to go to Samford University to do clinical work.
On July 20, Georgia State Troopers found a black Toyota Corolla registered to Brown in the woods near Exit 154 of I-20 in Warren County, Georgia. According to a report from the Columbia Police Department, the body of a woman wearing medical scrubs was found inside the car.
“While we have not positively identified the person inside, we do believe that it is the body of Shauna Brown,” Deputy Chief Melron Kelly said in a press conference posted on Twitter July 21. “We’re working with the family to positively identify her. It’s not an outcome we wanted, but we’re working with the family very closely to bring them some closure.”
Kelly said no foul play is suspected and that it appears that the wreck was the result of a single-vehicle collision where the car went off the road and went down into an embankment. Kelly said the car could not be seen from the road.
A press release from the CPD stated that officers believe the crash may have happened July 10, the day Brown left home.
The Georgia Bureau of Investigation is conducting an autopsy and DNA test to confirm if the remains are Brown’s. | https://www.cbs42.com/news/local/human-remains-found-in-wrecked-car-believed-to-be-of-missing-nurse-who-was-last-seen-on-her-way-to-alabama/ | 2022-08-03T20:19:40Z | https://www.cbs42.com/news/local/human-remains-found-in-wrecked-car-believed-to-be-of-missing-nurse-who-was-last-seen-on-her-way-to-alabama/ | false |
Español
Italiano
Français
My Account
My Account
Notifications
Log In
QQQ
–
–%
DIA
–
–%
SPY
–
–%
TLT
–
–%
GLD
–
–%
BTC/USD
–
–%
Data & APIs
Events
Marketfy
Premarket
Contribute
Español
Italiano
Français
Sign in
News
Earnings
Guidance
Dividends
M&A
Buybacks
Legal
Interviews
Management
Retail Sales
Offerings
IPOs
Insider Trades
Biotech/FDA
Freight
Politics
Government
Healthcare
Markets
Pre-Market
After Hours
Movers
ETFs
Forex
Cannabis
Commodities
Options
Binary Options
Bonds
Futures
CME Group
Global Economics
Previews
Small-Cap
Cryptocurrency
Penny Stocks
Digital Securities
Ratings
Analyst Color
Downgrades
Upgrades
Initiations
Price Target
Ideas
Trade Ideas
Long Ideas
Short Ideas
Technicals
From The Press
Jim Cramer
Rumors
Best Stocks & ETFs
Best Penny Stocks
Best S&P 500 ETFs
Best Swing Trade Stocks
Best Blue Chip Stocks
Best High-Volume Penny Stocks
Best Small Cap ETFs
Fintech
News
Podcast
Personal Finance
Compare Online Brokers
Stock Brokers
Forex Brokers
Futures Brokers
Crypto Brokers
Options Brokers
ETF Brokers
Mutual Fund Brokers
Index Fund Brokers
Bond Brokers
Short Selling Brokers
Stock Apps
All Broker Reviews
Insurance
Auto
Home
Medicare
Life
Vision
Dental
Business
Pet
Health
Motorcycle
Renters
Workers Comp
Top Stocks
Penny Stocks
Stocks Under $5
Stocks Under $10
Stocks Under $20
Stocks Under $50
Stocks Under $100
Alternative Investing
Invest in Art
Invest in Land
Invest in Real Estate
Invest in Wine
Invest in Gold
Mortgages
Refinance
Purchase
Find a Mortgage Broker
Alts
Best Real Estate Crowdfunding Platforms
REITs Versus Crowdfunding
How to Invest in Artwork
Best Alternative Investments
Best Alternative Investment Platforms
Crypto
Get Started
Is Bitcoin a Good Investment?
Is Ethereum a Good Investment?
What is Blockchain
Best Altcoins
How to Buy Cryptocurrency?
DeFi
Crypto and DeFi 101
What is DeFi?
Decentralized Exchanges
Best DeFi Yield Farms
Digital Securities
NFTs
NFT Release Calendar
What is a Non-Fungible Token (NFT)?
How to Buy Non-Fungible Tokens (NFTs)
CryptoPunks Watchlist
Are NFTs a Scam or a Digital Bubble?
Best In Crypto
Best Crypto Apps
Best Crypto Portfolio Trackers
Best Crypto Day Trading Strategies
Best Crypto IRA
Best Cryptocurrency Scanners
Best Business Crypto Accounts
Best Crypto Screeners
Cannabis
News
Earnings
Interviews
Deals
Regulations
Psychedelics
TV
Watch
YouTube
Podcasts
Trading School
Personal Finance
Compare Online Brokers
Stock Brokers
Forex Brokers
Futures Brokers
Crypto Brokers
Options Brokers
ETF Brokers
Mutual Fund Brokers
Index Fund Brokers
Bond Brokers
Short Selling Brokers
Stock Apps
All Broker Reviews
Insurance
Auto
Home
Medicare
Life
Vision
Dental
Business
Pet
Health
Motorcycle
Renters
Workers Comp
Top Stocks
Penny Stocks
Stocks Under $5
Stocks Under $10
Stocks Under $20
Stocks Under $50
Stocks Under $100
Alternative Investing
Invest in Art
Invest in Land
Invest in Real Estate
Invest in Wine
Invest in Gold
Mortgages
Refinance
Purchase
Find a Mortgage Broker
Alts
Best Real Estate Crowdfunding Platforms
REITs Versus Crowdfunding
How to Invest in Artwork
Best Alternative Investments
Best Alternative Investment Platforms
Crypto
Get Started
Is Bitcoin a Good Investment?
Is Ethereum a Good Investment?
What is Blockchain
Best Altcoins
How to Buy Cryptocurrency?
DeFi
Crypto and DeFi 101
What is DeFi?
Decentralized Exchanges
Best DeFi Yield Farms
Digital Securities
NFTs
NFT Release Calendar
What is a Non-Fungible Token (NFT)?
How to Buy Non-Fungible Tokens (NFTs)
CryptoPunks Watchlist
Are NFTs a Scam or a Digital Bubble?
Best In Crypto
Best Crypto Apps
Best Crypto Portfolio Trackers
Best Crypto Day Trading Strategies
Best Crypto IRA
Best Cryptocurrency Scanners
Best Business Crypto Accounts
Best Crypto Screeners
Cannabis
News
Earnings
Interviews
Deals
Regulations
Psychedelics
TV
Watch
YouTube
Podcasts
Trading School
My Stocks
Tools
Calendars
Analyst Ratings Calendar
Dividend Calendar
Conference Call Calendar
Earnings Calendar
Economic Calendar
FDA Calendar
Guidance Calendar
IPO Calendar
M&A Calendar
Retail Sales Calendar
SPAC Calendar
Stock Split Calendar
Trade Ideas
Insider Trades
Trade Idea Feed
Analyst Ratings
Unusual Options Activity
Heatmaps
Short Interest
Most Shorted
Largest Increase
Largest Decrease
Calculators
Margin Calculator
100x Options Profit Calculator
Premium
QQQ
–
–%
DIA
–
–%
SPY
–
–%
TLT
–
–%
GLD
–
–%
BTC/USD
–
–%
CHASE PACKAGING CORP Quarterly Report (Form10)
Accepted:
Form Type:
10-Q
Accession Number:
0001477932-22-005519 | https://www.benzinga.com/secfilings/22/08/28293359/chase-packaging-corp-quarterly-report-form10 | 2022-08-03T20:20:33Z | https://www.benzinga.com/secfilings/22/08/28293359/chase-packaging-corp-quarterly-report-form10 | false |
Prestigious distinction symbolizes the best innovative IT practices to enable company growth
TAMPA, Fla., Aug. 3, 2022 /PRNewswire/ -- BlueGrace Logistics' Chief Technology Officer, Azad Ratzki, has been named a 2022 CIO of the Year Honoree awarded to outstanding information technology executives and leaders in Tampa Bay who have excelled at enabling business optimization processes and spearheading tech applications. Ratzki's team of more than 50 domestic and international IT professionals use big data strategy, product innovation, and cyber-security protocols to scale the organization's footprint in the trillion-dollar supply chain and logistics space.
"Azad is a visionary with boundless ideas about interconnectivity, data analysis and systems management. He is a strategic thinker, always looking for ways to improve BlueGrace's competitive position in the marketplace," said Bobby Harris, CEO of BlueGrace Logistics. "However, what is most intriguing about Azad is his empathetic nature for those around him. He is generous with his time and knowledge with colleagues, and those looking to learn more about technology."
The tech leaders were selected based on innovation in strategy and implementation of IT system, leadership style and management effectiveness, business value created from IT operations, community involvement and philanthropy and contributions to the Tampa Bay business communities. At BlueGrace, Ratzki oversees the development of the company's suite of software products and proprietary tech platform BlueShip®. BlueGrace and its technology platform supports some of the country's largest supply chains and contributes to the highest levels of logistics tech and integrations, partnering and deploying modern technologies with companies like Uber Freight.
BlueGrace is one of the industry's leading Third-Party Logistics operations in North America developing highly scalable cloud-based SaaS products to meet the transportation needs for today's supply chain. Data science, capacity, availability, and customer experience are at the forefront of every decision made. This approach has allowed teams to work cross-functionally as a collective to introduce unique methods for customer success.
Ratzki is a technology industry veteran and entrepreneur well-known in both the Tampa and Silicon Valley tech scene. He has over 20 years' experience in creating and building software products, defining technology strategy, managing IT infrastructure and compliance, and working with Fortune 500 companies to solve problems with creative technology solutions. With this depth of knowledge, Ratzki is working with a team of BlueGrace software engineers and IT professionals to redefine best practices and establish industry standards and protocols for a changing tech landscape in the logistics industry at large.
Since bursting on the national tech stage in 2021, Tampa has been the number one city for the tech elite eager to position themselves for new opportunities in a fresh market, beating New York City, San Francisco, Miami, and Austin. Tampa is responsible for over 25 percent of Florida's tech jobs. As the growing metropolis continues to attract the best in tech, BlueGrace hopes to become an incubator of talent in Tampa and at its 11 other office locations around the U.S.
"I am truly honored to receive this recognition on behalf of BlueGrace and the incredible team of professionals that made it possible. As a two-decade industry veteran, I encourage those in tech not to become complacent, but instead always be willing to explore new territory, technologies, and solutions; understand the importance of being a student at heart, a teacher to those who are willing, and an innovator in your discipline," said Ratzki.
BlueGrace Logistics offers customizable transportation management solutions as a full-service. Third-Party Logistics (3PL) provider that helps businesses manage their freight spend through industry leading technology with a large network of established carriers to customers across the country. BlueGrace is based in Tampa where CEO Bobby Harris was named one of Florida's most influential executives in transportation for 2020. With 12 offices strategically located in major transportation hubs across the U.S., BlueGrace serves over 10,000 customers annually through its proprietary technology platform, BlueShip®, that has connectivity with more than 250,000 carrier suppliers. BlueGrace is part of the technology portfolio of Warburg Pincus, a leading global private equity firm. For more information on BlueGrace, visit www.mybluegrace.com.
View original content to download multimedia:
SOURCE BlueGrace Logistics | https://www.wbtv.com/prnewswire/2022/08/03/bluegrace-logistics-azad-ratzki-named-cio-year-honoree-highlighting-tampa-it-leaders-top-market-tech-migration/ | 2022-08-03T20:21:19Z | https://www.wbtv.com/prnewswire/2022/08/03/bluegrace-logistics-azad-ratzki-named-cio-year-honoree-highlighting-tampa-it-leaders-top-market-tech-migration/ | true |
WASHINGTON—Vice President Kamala Harris will host an abortion rights event in Boston on Thursday, marking the first time in her tenure that she will visit Massachusetts.
Harris will hold a roundtable with state legislators and abortion rights advocates, according to a White House official, the latest stop in what has become a sort of nationwide tour for Harris on the issue since it leaked in May that the Supreme Court was poised to overturn Roe v. Wade.
Harris will also visit Martha’s Vineyard—a frequent summertime home of the political elite and a perennial piggy bank for politicians—for Democratic fundraisers later on Thursday.
Advertisement
The Boston gathering will follow a series of events Harris has held in the White House and around the country meeting with local elected officials, advocates, and providers who support abortion rights. It will be one of the few, however, in which Harris highlights a blue state where abortion rights are not already or soon to be restricted.
Massachusetts Republican Governor Charlie Baker signed a bill expanding abortion rights in the state in late June, and a sizable of majority of Massachusetts voters support abortion rights.
In addition to the opportunity to fundraise, the trip will continue to give Harris a prominent role in the administration’s messaging on abortion and will come on the heels of two victories of sorts on the issue for Democrats. On Tuesday, voters in the solidly red state of Kansas resoundingly defeated an effort to change the state Constitution to allow the restriction of abortion rights. And on Wednesday, President Biden signed an executive order directing the secretary of the Department of Health and Human Services to do more to support out-of-state travel for abortion procedures and promote research on maternal health.
“The people of Kansas spoke and said this is a matter of defense of basic principles of liberty and freedom in America,” Harris said Wednesday at a meeting of the White House’s task force on the issue. “And they spoke loudly in saying that they trust women to make decisions about their own lives and their bodies.”
Advertisement
The results in Kansas buoyed Democrats’ hopes that the Supreme Court’s overturning of abortion rights in Dobbs v. Jackson Women’s Health Organization could give them a better-than-expected outcome in November’s midterms, where historical trends, sky-high inflation, and Biden’s sagging approval ratings give Republicans the strong edge.
Harris’ emergence as the lead voice for the administration on abortion rights has also afforded an opportunity to her and the White House. Harris has long been a proponent of abortion rights going back to her days in California as attorney general and is seen by the movement as a loyal fighter on the issue, lending the administration credibility on it despite Biden’s mixed record on abortion rights. Biden has drawn some criticism from advocates for not taking forceful enough action to quickly counter the effects of Dobbs.
If voters were to see Harris as a forceful messenger on the issue, it also could help to turn the narrative around her tenure as vice president, which has been beset by critical headlines of her own making and otherwise, staff turnover, and at-times unforced errors.
Harris’ trip to the state follows a recent trip by Biden to Massachusetts to highlight his climate change agenda, the day after which Biden tested positive for COVID-19.
Advertisement
Tal Kopan can be reached at tal.kopan@globe.com. Follow her on Twitter @talkopan. | https://www.bostonglobe.com/2022/08/03/nation/exclusive-kamala-harris-make-first-visit-mass-vp-highlight-abortion-rights/ | 2022-08-03T20:24:41Z | https://www.bostonglobe.com/2022/08/03/nation/exclusive-kamala-harris-make-first-visit-mass-vp-highlight-abortion-rights/ | true |
Hometown officer dies in crash 2 days after retiring from police department
HAMDEN, Conn. (WFSB/Gray News) - A former officer in Connecticut died in a crash two days after retiring from the police department.
According to the Hamden Police Department, Michael Pantera was killed in a crash on Tuesday; he retired on July 31 after spending 24 years with the police force.
Hamden police said Pantera would be remembered as a compassionate officer who deeply cared about the Hamden community – serving his hometown with honor and distinction throughout his career.
WFSB reports Hamden Mayor Lauren Garrett offered her condolences to Pantera’s family and friends and ordered flags at half-mast to honor the former officer.
Officials didn’t release immediate details about the crash that took Pantera’s life but said it occurred in North Branford, Connecticut.
Copyright 2022 WFSB via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/03/hometown-officer-dies-crash-2-days-after-retiring-police-department/ | 2022-08-03T20:30:43Z | https://www.wibw.com/2022/08/03/hometown-officer-dies-crash-2-days-after-retiring-police-department/ | true |
KINSHASA, Congo (AP) — Congo’s government has requested that the spokesman for the United Nations mission in Congo leave the country, saying he has made inappropriate statements amid demonstrations against the presence of the U.N. peacekeepers.
Foreign Minister Christophe Lutundula wrote to the U.N. mission, known as MONUSCO, saying he considers that the current tensions between the U.N. and the population are due to the indelicate and inopportune statements by U.N. Congo spokesman Mathias Gillman.
“The Congolese government considers that the presence of this official on the national territory is not likely to promote a climate of mutual trust and serenity so essential between the Congolese institutions and MONUSCO,” the statement said.
“The Congolese government would greatly appreciate if arrangements are made for Mr. Gillman to leave the territory as soon as possible.”
There was no immediate communication from the U.N. on the request.
The government did not point to specific statements made by Gillman, but in July during a press conference, he mentioned that MONUSCO and the Congolese army have limited means to deal with several fronts of attacks, in particular those by the M23 rebel group which has gained more weapons and is staging heavy attacks on civilians.
Congo’s government held a crisis meeting earlier this week to reassess the presence of United Nations peacekeepers after protests against the force in the country’s east killed at least 36 people and injured more than 170 others.
The government will also meet with the U.N. mission to discuss the possibilities for its withdrawal.
The U.N. force has already withdrawn from two provinces of Congo, Kasai and Tanganyika.
The statement from the foreign minister mentioned 2024 as the goal, saying that they wanted the spokesman removed to help “complete the transition plan for the end of its final withdrawal from Congo, by the horizon 2024, as agreed.”
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.
Congo’s mineral-rich east is home to myriad rebel groups. Security has worsened there despite a year of emergency operations by the armies of Congo and Uganda. Civilians in the east have also faced violence from jihadi rebels linked to the Islamic State group. Fighting has also escalated between Congolese troops and the M23 rebels, forcing nearly 200,000 people to flee their homes. | https://www.wearegreenbay.com/international/ap-international/congo-asks-un-mission-spokesman-to-leave-amid-unrest/ | 2022-08-03T20:31:56Z | https://www.wearegreenbay.com/international/ap-international/congo-asks-un-mission-spokesman-to-leave-amid-unrest/ | false |
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Winston & Strawn LLP is pleased to announce the addition of Sanjay Thapar as a partner in the firm's New York office and as a member of the Transactions Department's Finance Practice. He will co-chair the Global Leveraged Finance team working within the firm's Finance Practice.
Sanjay focuses his practice on counseling and representing leading investment banks and direct lenders in leveraged buyout financings as well as workouts/restructurings.
He has decades of experience in domestic and cross-border large-cap and middle-market syndicated, direct lender, and club transactions, as well as first and second lien, asset-based, split-collateral, and unitranche loans, across a broad array of industries. Sanjay brings a vast network of relationships in the leveraged finance industry and will support the ongoing expansion of Winston's Global Leveraged Finance team.
"The leveraged loan market has become increasingly volatile in the current economic cycle, which triggers a greater need for clarity on legal and strategic issues," said Sanjay. "Winston has an extremely talented and experienced corporate finance team, and I look forward to collaborating with my new colleagues as we address challenges and opportunities for client service in the leveraged finance space."
Sanjay follows several recent additions to Winston, including corporate partners Justin Hoffman in Houston and Sean Hilson in Chicago, health care and life sciences partner Amy Kearbey in Washington, D.C., and litigation partner Adam Foslid in the firm's newly launched Miami office.
"Sanjay's broad-based experience representing the interests of financial institutions, private funds, and direct lenders will be of critical importance given recent interest rate hikes," said Michael Mullins, co-chair of Winston's Finance Practice and co-chair of the firm's Fund Finance Practice. "The rising cost of capital is adding increased complexity to deal structures, and Sanjay will enable us to help clients craft practical, effective approaches to completing those transactions."
"Sanjay's arrival underscores Winston's continued growth as designated lender counsel to investment banks and direct lenders in the both the mid-cap and large-cap markets," said Mats Carlston, managing partner of Winston's New York office and co-chair of the firm's Finance Practice. "His work with large-cap players tracks with our growth and adds to our growing capabilities in creating and executing complex loans across a wide range of vertical industries."
"Winston attracts the finest lawyers in their respective areas of practice. Sanjay is a perfect example," said Winston Chairman Tom Fitzgerald. "His experience reinforces Winston's strong reputation representing the interests of our clients in complex financial transactions. We look forward to his contributions to our leveraged finance team in New York."
Winston & Strawn LLP is an international law firm with 16 offices located in North America, South America, Asia, and Europe. More information about the firm is available at www.winston.com.
Contact:
Michael Goodwin
(646) 502-3595
mgoodwin@stantonprm.com
View original content to download multimedia:
SOURCE Winston & Strawn LLP | https://www.wsaz.com/prnewswire/2022/08/03/winston-amp-strawn-augments-leveraged-finance-practice-with-addition-sanjay-thapar-new-york/ | 2022-08-03T20:32:47Z | https://www.wsaz.com/prnewswire/2022/08/03/winston-amp-strawn-augments-leveraged-finance-practice-with-addition-sanjay-thapar-new-york/ | true |
Cottage rental scam leaves would-be renter out $4,200
A would-be renter is out $4,200 after e-transferring a down payment for a cottage in Bracebridge Ont., said Ontario Provincial Police (OPP).
The OPP Elgin County Detachment is investigating fraud after being called to a Southwold Township address.
OPP said that between June 3, and June 17, a resident responded to an ad on the internet to rent the cottage.
OPP were contacted after the renter requested an additional $250. When the funds were not sent, the suspect ceased all contact with the victim.
CTVNews.ca Top Stories
Parents have 'lost total trust' in the sport after Hockey Canada allegations
As police investigate alleged sexual assaults involving members of two Canadian men's hockey teams, CTVNews.ca heard from a number of parents expressing concerns with enrolling their children in organized hockey. The allegations, they say, are deterring them from allowing their children to participate in the sport they love.
Get ready to shovel and shiver this winter: The Farmers' Almanac
Canadians should brace themselves for a winter of record-breaking cold temperatures, according to the latest issue of The Farmers' Almanac Extended Winter Weather Forecast.
Here's how to watch tonight's Conservative leadership debate
Later tonight in Ottawa, three of the five candidates campaigning to be the next leader of the Conservative Party of Canada will be facing off in the final debate of the 2022 race. CTVNews.ca will be streaming the debate live online, and our reporters will be providing real-time updates, starting at 6 p.m. ET.
No injuries after tour bus hits gate of PM's residence, 24 Sussex Dr.
No one has been reported hurt after a tour bus struck a gate outside 24 Sussex Dr. in Ottawa, the unoccupied official residence of the prime minister. Ottawa police are on scene, and a police spokesperson says no one has been arrested or charged at this time.
One in custody after vehicle rams gates of Parliament Hill
Ottawa police say one person is in custody after a vehicle hit the front gates of Parliament Hill early Wednesday morning.
Rising cost of living taking toll on Canadians living off disability benefits
The rising cost of living is exacerbating the challenge for many Canadians living on fixed disability income to pay for food and housing.
Cost-of-living increases have Canadian parents worried about opportunities for their children
With inflation at a nearly 40-year high, Canadians are feeling the financial strain. In a six-part series this summer, people at different stages of their lives detail where they're being hit the hardest.
Hearing pain of Canada school survivors felt like slaps, Pope says
Pope Francis said on Wednesday he felt the pain of survivors of Canada's residential school system 'like slaps' and that the Catholic Church has to face up to its responsibility for institutions that abused children and tried to erase indigenous cultures.
Doug Ford says feds need to 'step up' to help fix Ontario's hospital staffing crisis
Premier Doug Ford is once again calling on the federal government for financial support in the face of a growing hospital staffing crisis that has seen some Ontario hospitals close their doors in recent weeks. | https://kitchener.ctvnews.ca/cottage-rental-scam-leaves-would-be-renter-out-4-200-1.6013030 | 2022-08-03T20:33:00Z | https://kitchener.ctvnews.ca/cottage-rental-scam-leaves-would-be-renter-out-4-200-1.6013030 | true |
HOUSTON, Aug. 3, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its second quarter 2022 results for the three months ended June 30, 2022.
In a press release to be issued after market close on Tuesday, August 9, 2022, Flotek will release its second quarter 2022 financial and operating results for the three months ended June 30, 2022. The Company will host its earnings conference call on Wednesday, August 10, 2022, at 9 a.m. CST (10 a.m. EST).
To participate in the call, participants should access the webcast on www.flotekind.com under the Investor Relations section under "Webcasts'' or dial 1-844-835-9986 approximately five minutes prior to the start of the call. Following the conclusion of the conference call, a recording of the call will be available on the Company's website.
About Flotek Industries, Inc.
Flotek Industries, Inc. creates solutions to reduce the environmental impact of energy on air, water, land and people. A technology-driven, specialty green chemistry and data company, Flotek helps customers across industrial, commercial, and consumer markets improve their Environmental, Social, and Governance performance. Flotek's Chemistry Technologies segment develops, manufactures, packages, distributes, delivers, and markets high-quality cleaning, disinfecting and sanitizing products for commercial, governmental and personal consumer use. Additionally, Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through its real-time data platforms and green chemistry technologies. Flotek serves downstream, midstream, and upstream customers, both domestic and international. Flotek is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol "FTK." For additional information, please visit www.flotekind.com.
Forward-Looking Statements
Certain statements set forth in this press release constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as will, continue, expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this press release. Although forward-looking statements in this press release reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Further information about the risks and uncertainties that may impact the company are set forth in the Company's most recent filing with the Securities and Exchange Commission on Form 10-K (including, without limitation, in the "Risk Factors" section thereof), and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect, any event or circumstance that may arise after the date of this press release.
View original content to download multimedia:
SOURCE Flotek Industries, Inc. | https://www.wibw.com/prnewswire/2022/08/03/flotek-announces-earnings-schedule-second-quarter-2022-results/ | 2022-08-03T20:34:31Z | https://www.wibw.com/prnewswire/2022/08/03/flotek-announces-earnings-schedule-second-quarter-2022-results/ | false |
- Revenues for the quarter ended June 30, 2022 total $4.3 billion, net loss is $250 million, pretax loss is $205 million and adjusted pretax loss is $50 million
- Continued progress on Alliances, Advanced Delivery and Accounts initiatives
- Reaffirms outlook for fiscal year 2023, updating revenue forecast for currency effects
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Kyndryl Holdings, Inc. (NYSE: KD), the world's largest IT infrastructure services provider, today released financial results for the quarter ended June 30, 2022, the first quarter of its 2023 fiscal year.
"We continued to expand our services capabilities in the quarter, and we drove progress on our three key initiatives — Alliances, Advanced Delivery and Accounts. We're broadening our relationships with key technology partners, further enhancing our service delivery through upskilling and automation, and proactively working with existing accounts that have substandard margins, propelling us toward profitable revenue growth," said Kyndryl Chairman and Chief Executive Officer Martin Schroeter.
Results for the Fiscal First Quarter Ended June 30, 2022
For the first quarter, Kyndryl reported revenues of $4.3 billion, a year-over-year decline of 10%, or 3% in constant currency. Compared to prior-year pro forma revenues, revenues declined 9%, or 2% in constant currency. The Company reported a pretax loss of $205 million and a net loss of $250 million, or $1.11 per diluted share, in the quarter, compared to a net loss of $389 million in the prior-year period. Adjusted pretax loss was $50 million, compared to pro forma adjusted pretax income of $70 million in the prior-year period. Currency movements had a negative year-over-year impact of $48 million on adjusted pretax income. Adjusted EBITDA of $491 million compares to $749 million of pro forma adjusted EBITDA in the prior-year period, primarily driven by the decline in revenue, a change in cost mix toward non-depreciated and non-amortized items, and unfavorable currency movements of $79 million. Cash flow from operations was $104 million, and adjusted free cash flow was ($32) million.
"Our revenue trends and adjusted earnings were consistent with our March quarter, and we're intently focused on delivering our fiscal year 2023 financial objectives," said Kyndryl Chief Financial Officer David Wyshner. "Our transformation is well under way. I'm encouraged by the execution throughout our organization on our Alliances, Advanced Delivery and Accounts initiatives. These efforts put us on track to achieve our medium-term goals, including sustained top-line growth, stronger margins and higher returns on invested capital."
Recent Developments
- Progress on Alliances initiative – In the quarter, Kyndryl signed contracts tied to cloud hyperscaler alliances with an aggregate value of $235 million, progressing toward its $1 billion hyperscaler signings target for fiscal year 2023. Kyndryl further increased its cloud-related capabilities, with more than 21,800 hyperscaler certifications among its employees at the end of the June quarter, a 36% increase over the last six months.
In the quarter, advisory & implementation services signings increased 27% year-over-year in constant currency, highlighting Kyndryl's focus on applying its expanded technology partnerships to grow its "share of wallet" with existing customers. - Progress on Advanced Delivery initiative – Through this program, the Company has redeployed over 1,900 delivery professionals to serve new revenue streams and backfill attrition. This has generated annualized savings of roughly $100 million as of quarter-end, equal to half of Kyndryl's fiscal 2023 year-end objective.
- Progress on Accounts initiative – Kyndryl continued to address accounts with substandard margins, bringing the total impact from this initiative to $52 million of annualized benefits, on track to achieve the Company's $200 million fiscal 2023 year-end goal.
In addition, the projected margins associated with signings in the quarter increased meaningfully compared to prior quarters, reflecting the Company's emphasis on winning profitable business and its strategic willingness as an independent company to turn away low- and no-margin business. - Global strategic partnerships – The Company announced several new strategic partnerships in addition to the SAP and Dell alliances announced in April:
- Transaction-related costs – The Company's reported results reflect $103 million of transaction-related costs associated with its spin-off, including systems migration and rebranding costs.
Outlook
Kyndryl is reaffirming the following outlook and adjusting its revenue outlook solely for currency effects, for its fiscal year beginning April 1, 2022 and ending March 31, 2023:
- Double-digit constant-currency signings growth compared to pro forma signings in calendar year 2021, consistent with the outlook the Company published in May
- Revenue of $16.3 to $16.5 billion, which includes an approximately $1.2 billion or seven-percentage-point negative currency impact. This represents a decline of (4)% to (3)% in constant currency compared to pro forma revenue for the twelve months ended March 31, 2022, which is consistent with the outlook the Company published in May
- Adjusted EBITDA margin of 13% to 14%, consistent with the outlook the Company published in May
- Adjusted pretax margin of 0% to 1%, consistent with calendar year 2021 pro forma results and with the outlook the Company published in May
These projected amounts compare to signings of $13.5 billion, pro forma signings of $13.9 billion, revenue of $18.7 billion, pro forma revenue of $18.5 billion, pretax loss of $1.9 billion, net loss of $2.3 billion, adjusted EBITDA of $2.0 billion, pro forma adjusted EBITDA of $2.7 billion and pro forma adjusted pretax income of $134 million for the year ended December 31, 2021. Revenue for the trailing twelve months ended March 31, 2022 was $18.3 billion, and pro forma revenue for the same period was $18.2 billion.
Based on recent exchange rates, currency movements are negatively impacting fiscal 2023 revenue by approximately $1.2 billion, adjusted EBITDA by approximately $300 million or 80 basis points, and adjusted pretax income by approximately $200 million or 120 basis points compared to calendar year 2021. Forecasted adjusted EBITDA also reflects a 60-basis-point negative impact from certain software being expensed rather than capitalized and amortized. (At the time of the Company's prior earnings release, currency movements were estimated to be negatively impacting revenue by approximately $1.0 billion, adjusted EBITDA by approximately $200 million or 30 basis points, and adjusted pretax income by approximately $100 million or 60 basis points compared to calendar year 2021.)
Earnings Conference Call and Webcast
Kyndryl's earnings call for the first fiscal quarter ended June 30, 2022 is scheduled to begin at 8:30 a.m. ET on August 4, 2022. The live webcast can be accessed by visiting https://investors.kyndryl.com/events-and-presentations/events/ on Kyndryl's investor relations website or by dialing 866-831-8713 (from the U.S.) or 203-518-9822 (from all other locations), and providing conference ID KDQ123. A slide presentation will be made available on the same website shortly before the call on August 4, 2022. Following the event, replays will be available via webcast for twelve months at https://investors.kyndryl.com/events-and-presentations/events/ and by telephone for two days by dialing 800-839-3013 (from the U.S.) or 402-220-7233 (from all other locations).
About Kyndryl
Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider. The Company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. Kyndryl serves over 4,000 customers in more than 60 countries around the world, including 75 percent of the Fortune 100 companies. For more information, visit www.kyndryl.com.
Forward-Looking and Cautionary Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this press release, including statements concerning the Company's plans, objectives, goals, beliefs, business strategies, future events, business condition, results of operations, financial position, business outlook and business trends and other non-historical statements, including without limitation the information presented in the "Outlook" section of this press release, are forward-looking statements. Such forward-looking statements often contain words such as "will," "anticipate," "predict," "project," "contemplate," "plan," "forecast," "estimate," "expect," "intend," "target," "may," "should," "would," "could," "seek," "aim" and other similar words or expressions or the negative thereof or other variations thereon. Forward-looking statements are based on the Company's current assumptions and beliefs regarding future business and financial performance.
The Company's actual business, financial condition or results of operations may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties which include, among others, risks related to the Company's spin-off from IBM, failure to attract new customers, retain existing customers or sell additional services to customers; technological developments and the Company's response to such developments; failure to meet growth and productivity objectives; competition; impacts of relationships with critical suppliers; inability to attract and retain key personnel and other skilled employees; impact of local legal, economic, political, health and other conditions, including the COVID-19 pandemic; a downturn in economic environment and customer spending budgets; damage to the Company's reputation; inability to accurately estimate the cost of services and the timeline for completion of contracts; service delivery issues; the Company's ability to successfully manage acquisitions, alliances and dispositions, including integration challenges, failure to achieve objectives, the assumption of liabilities, and higher debt levels; the impact of our business with government customers; failure of the Company's intellectual property rights to prevent competitive offerings and the failure of the Company to obtain necessary licenses; risks relating to cybersecurity and data privacy; adverse effects from tax matters and environmental matters; legal proceedings and investigatory risks; impact of changes in market liquidity conditions and customer credit risk on receivables; the Company's pension plans; the impact of foreign currency fluctuations; and risks related to the Company's common stock and the securities market.
Additional risks and uncertainties include, among others, those risks and uncertainties described in the "Risk Factors" section of the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021, and may be further updated from time to time in the Company's periodic filings with the Securities and Exchange Commission. Any forward-looking statement in this press release speaks only as of the date on which it is made. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements.
In this release, certain amounts may not add due to the use of rounded numbers; percentages presented are calculated based on the underlying amounts. As previously announced, Kyndryl changed its fiscal year-end from December 31 to March 31, effective for the fiscal year that began April 1, 2022 and ends March 31, 2023.
Non-GAAP Financial Measures
In an effort to provide investors with additional information regarding its results, the Company has provided certain metrics that are not calculated based on generally accepted accounting principles (GAAP), such as constant-currency results, adjusted EBITDA, adjusted pretax income, adjusted free cash flow, pro forma adjusted EBITDA and pro forma adjusted pretax income. Such non-GAAP metrics are intended to supplement GAAP metrics, but not to replace them. The Company's non-GAAP metrics may not be comparable to similarly titled metrics used by other companies. Definitions of non-GAAP metrics and reconciliations of non-GAAP metrics for historical periods to GAAP metrics are included in the tables in this release.
Forecasted amounts are based on recent currency exchange rates. A reconciliation of forward-looking non-GAAP financial information is not included in this release because the individual components of such reconciliation are not currently available without unreasonable effort. For the same reason, we are unable to address the probable significance of the unavailable information, which could be material to future results.
Pro Forma Financial Information
This press release also includes certain pro forma financial information. The pro forma adjustments assume that the Company's spin-off from IBM and related transactions occurred as of January 1, 2020. The pro forma financial information is unaudited and is presented for illustrative purposes only and is not necessarily indicative of the operating results or financial position that would have occurred if the relevant transactions had been consummated on the date indicated, nor is it indicative of future operating results. The pro forma financial information presented includes adjustments that would not be included in the pro forma financial statements contained in a registration statement filed with the Securities and Exchange Commission that contain pro forma information prepared in accordance with Regulation S-X under the Securities Act of 1933.
Investor Contact:
Lori Chaitman
lori.chaitman@kyndryl.com
Media Contact:
Ed Barbini
edward.barbini@kyndryl.com
Table 4
NON-GAAP METRIC DEFINITIONS AND RECONCILIATIONS
(dollars in millions, except signings)
We report our financial results in accordance with GAAP. We also present certain non-GAAP financial measures to provide useful supplemental information to investors. We provide these non-GAAP financial measures as we believe it improves visibility to management decisions and their impacts on operational performance; enables better comparison to peer companies; and allows us to provide a long-term strategic view of the business going forward.
Constant-currency information compares results between periods as if exchange rates had remained constant period over period. We define constant-currency revenues as total revenues excluding the impact of foreign exchange rate movements and use it to determine the constant-currency revenue growth on a year-over-year basis. Constant-currency revenues are calculated by translating current period revenues using corresponding prior-period exchange rates.
Adjusted pretax income is defined as pretax income excluding transaction-related costs, pension costs other than pension servicing costs and multi-employer plan costs, stock-based compensation, amortization of intangible assets, workforce rebalancing charges, impairment expense, significant litigation costs and foreign currency impacts of highly inflationary countries. Adjusted pretax margin is calculated by dividing adjusted pretax income, as defined above, by revenue.
Pro forma adjusted pretax income is adjusted pretax income, further adjusted for excess cost allocations from our former Parent, incremental costs to support independence and growth, other adjustments related to post-Separation commercial pricing agreements with IBM, the portion of the IBM business that was conveyed to Kyndryl and ongoing effects of the Separation-related transactions. Pro forma adjusted pretax margin is calculated by dividing pro forma adjusted pretax income, as defined above, by pro forma revenue.
Management uses adjusted pretax income, pro forma adjusted pretax income, adjusted pretax margin and pro forma pretax margin to evaluate our performance. Management also uses these metrics when publicly providing our business outlook. We believe adjusted pretax income, pro forma adjusted pretax income, adjusted pretax margin and pro forma adjusted pretax margin are helpful supplemental metrics for investors in evaluating our operating performance because they can be used by investors to measure a company's operating performance without regard to items excluded from the calculation of such measure, which can vary substantially from company to company. Adjusted pretax income, pro forma adjusted pretax income, adjusted pretax margin and pro forma adjusted pretax margin eliminate the impact of expenses that do not relate to core business performance. These measures are financial measures that are not recognized under U.S. GAAP and should not be considered as an alternative to net income (loss) or other measures of financial performance or liquidity derived in accordance with U.S. GAAP.
Adjusted EBITDA is defined as net income (loss) excluding net interest expense, income taxes, depreciation and amortization (excluding depreciation of right-of-use assets and amortization of capitalized contract costs), transaction-related costs, pension costs other than pension servicing costs and multi-employer plan costs, stock-based compensation, workforce rebalancing charges, impairment expense, significant litigation costs, and foreign currency impacts of highly inflationary countries.
Pro forma adjusted EBITDA is adjusted EBITDA, further adjusted for excess cost allocations from our former Parent, incremental costs to support independence and growth, other adjustments related to post-Separation commercial pricing agreements with IBM, the portion of the IBM business that was conveyed to Kyndryl and ongoing effects of Separation-related transactions.
Adjusted EBITDA margin is calculated by dividing adjusted EBITDA, as defined above, by revenue. Pro forma adjusted EBITDA margin is calculated by dividing pro forma adjusted EBITDA, as defined above, by pro forma revenue.
Management uses adjusted EBITDA, pro forma adjusted EBITDA, adjusted EBITDA margin and pro forma adjusted EBITDA margin to evaluate our performance. Management also uses these metrics when publicly providing our business outlook. We believe they are a helpful supplemental measure to assist investors in evaluating our operating results as they exclude certain items whose fluctuation from period to period do not necessarily correspond to changes in the operations of our business. Adjusted EBITDA, pro forma adjusted EBITDA, adjusted EBITDA margin and pro forma adjusted EBITDA margin are financial measures that are not recognized under U.S. GAAP and should not be considered as an alternative to net income (loss) or other measures of financial performance or liquidity derived in accordance with U.S. GAAP.
Adjusted free cash flow is defined as cash flows from operating activities (GAAP) after adding back transaction-related costs and workforce rebalancing payments less net capital expenditures. Management uses adjusted free cash flow as a measure to evaluate its operating results, plan strategic investments and assess our ability and need to incur and service debt. We believe adjusted free cash flow is a useful supplemental financial measure to aid investors in assessing our ability to pursue business opportunities and investments and to service our debt. Adjusted free cash flow is a financial measure that is not recognized under U.S. GAAP and should not be considered as an alternative to cash flows from operations or liquidity derived in accordance with U.S. GAAP.
Signings are defined by Kyndryl as an initial estimate of the value of a customer's commitment under a contract. We calculate this based on various considerations including the type and duration of the agreement as well as the presence of termination charges or wind-down costs. Contract extensions and increases in scope are treated as signings only to the extent of the incremental new value. Signings can vary over time due to a variety of factors including, but not limited to, the timing of signing a small number of larger outsourcing contracts. The conversion of signings into revenue may vary based on the types of services and solutions, customer decisions and other factors, which may include, but are not limited to, macroeconomic environment or external events. Pro forma signings reflect the portion of the IBM business that was conveyed to Kyndryl and the ongoing effects of the Separation-related transactions. Management believes that the estimated value of signings provide insight into the Company's potential future revenue, and management uses signings as a tool to monitor the performance of the business including the business' ability to attract new customers and sell additional scope into our existing customer base, as well as views signings as useful decision-making information for investors.
Reconciliation of GAAP revenue to pro forma revenue
Reconciliation of net income (loss) to adjusted pretax income (loss) and adjusted EBITDA
Reconciliation of net income (loss) to pro forma adjusted pretax income and pro forma adjusted EBITDA
Reconciliation of cash flow from operations to adjusted free cash flow
Reconciliation of signings to pro forma signings (in billions)
Reconciliation of signings growth in constant currency
View original content to download multimedia:
SOURCE Kyndryl | https://www.wibw.com/prnewswire/2022/08/03/kyndryl-reports-first-quarter-fiscal-year-2023-results/ | 2022-08-03T20:35:21Z | https://www.wibw.com/prnewswire/2022/08/03/kyndryl-reports-first-quarter-fiscal-year-2023-results/ | true |
SAN DIEGO, Aug. 3, 2022 /PRNewswire/ -- Poseida Therapeutics, Inc. (Nasdaq: PSTX), a clinical-stage biopharmaceutical company utilizing proprietary genetic engineering platform technologies to create cell and gene therapeutics with the capacity to cure, today announced that it has commenced an underwritten public offering of shares of its common stock. In addition, Poseida expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the offering. All of the shares to be sold in the offering are to be sold by Poseida. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering.
Piper Sandler and William Blair & Company, L.L.C. are acting as joint book-running managers for the offering. Cantor Fitzgerald & Co. and BTIG, LLC are also acting as book-running managers for the offering.
The proposed offering is being made pursuant to a shelf registration statement on Form S-3, including a base prospectus, previously filed and declared effective by the Securities and Exchange Commission (the "SEC"). The offering is being made only by means of a written prospectus and prospectus supplement that form a part of the registration statement. A copy of the preliminary prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC and will be available for free on the website of the SEC at www.sec.gov. Copies of the preliminary prospectus supplement and accompanying prospectus relating to the offering may be obtained, when available, by contacting Piper Sandler, Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, MN 55402, by telephone at (800) 747-3924 or by email at prospectus@psc.com; or William Blair & Company, L.L.C., Attention: Prospectus Department, 150 North Riverside Plaza, Chicago, IL 60606, by telephone at (800) 621-0687 or by email at prospectus@williamblair.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
Poseida Therapeutics is a clinical-stage biopharmaceutical company dedicated to utilizing our proprietary genetic engineering platform technologies to create next generation cell and gene therapeutics with the capacity to cure. We have discovered and are developing a broad portfolio of product candidates in a variety of indications based on our core proprietary platforms, including our non-viral piggyBac® DNA Delivery System, Cas-CLOVER™ Site-specific Gene Editing System and nanoparticle- and AAV-based gene delivery technologies. Our core platform technologies have utility, either alone or in combination, across many cell and gene therapeutic modalities and enable us to engineer our portfolio of product candidates that are designed to overcome the primary limitations of current generation cell and gene therapeutics.
Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding, among other things, the timing, terms and completion of the proposed public offering. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon Poseida's current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks and uncertainties associated with market conditions, the satisfaction of customary closing conditions related to the offering, and the other risks described in Poseida's filings with the SEC. All forward-looking statements contained in this press release speak only as of the date on which they were made. Poseida undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.
###
View original content to download multimedia:
SOURCE Poseida Therapeutics, Inc. | https://www.wibw.com/prnewswire/2022/08/03/poseida-therapeutics-announces-proposed-public-offering-common-stock/ | 2022-08-03T20:36:42Z | https://www.wibw.com/prnewswire/2022/08/03/poseida-therapeutics-announces-proposed-public-offering-common-stock/ | true |
- RGX-314 program for the treatment of wet AMD and diabetic retinopathy, being developed in collaboration with AbbVie, remains on track for first BLA filing in 2024
- AFFINITY DUCHENNE™ Phase I/II trial of RGX-202 remains on track for dosing in the first half of 2023
- Announced intention to file a BLA in 2024 using the accelerated approval pathway for RGX-121 for the treatment of MPS II; pivotal program is active and enrolling patients
- $682 million in cash, cash equivalents and marketable securities of as of June 30, 2022; operational runway into 2025
- Conference call Wednesday, August 3rd at 4:30 p.m. ET
ROCKVILLE, Md., Aug. 3, 2022 /PRNewswire/ -- REGENXBIO Inc. (Nasdaq: RGNX) today announced financial results for the second quarter ended June 30, 2022, and recent operational highlights.
"Our '5x'25' strategy to have five gene therapies either on the market or in late-stage development by 2025 is progressing well," said Kenneth T. Mills, President and Chief Executive Officer of REGENXBIO. "Earlier today, we announced that the pivotal program for RGX-121, our AAV Therapeutic for the treatment of MPS II, is active and enrolling patients, making this our second program to enter this stage of development. We believe RGX-121 will advance rapidly through the clinic, supporting our intention to file a BLA in 2024 using the accelerated approval pathway. RGX-314, being developed in collaboration with AbbVie, is also progressing well. We have two ongoing pivotal trials evaluating RGX-314 for the treatment of wet AMD and remain on track for a BLA filing in 2024. As previously announced, we also have progressed our Phase II trials evaluating suprachoroidal delivery of RGX-314. With our significant progress over the first half of the year along with a strong balance sheet to support the advancement of our leading AAV-gene therapy pipeline, we reman confident in our ability to deliver meaningful therapies to patients."
Program Highlights and Milestones
RGX-314: RGX-314 is an investigational one-time AAV Therapeutic being developed in collaboration with AbbVie for the treatment of wet age-related macular degeneration (wet AMD), diabetic retinopathy (DR) and other additional chronic retinal conditions. RGX-314 uses the NAV® AAV8 vector to deliver a gene encoding a therapeutic antibody fragment to inhibit vascular endothelial growth factor (VEGF).
- RGX-314 Subretinal Delivery for the Treatment of Wet AMD
- RGX-314 Suprachoroidal Delivery for the Treatment of Wet AMD
- RGX-314 Suprachoroidal Delivery for the Treatment of DR
RGX-202: RGX-202 is an investigational one-time AAV Therapeutic for the treatment of Duchenne Muscular Dystrophy (Duchenne), using the NAV AAV8 vector to deliver a transgene for a novel microdystrophin that includes the functional elements of the C-Terminal (CT) domain as well as a muscle specific promoter to support a targeted therapy for improved resistance to muscle damage associated with Duchenne.
- Preparation for the initiation of the AFFINITY DUCHENNE™ Phase I/II trial continues, including readying clinical trial sites and manufacturing additional clinical supply for the trial.
- REGENXBIO anticipates dosing the first patient in this trial in the first half of 2023.
RGX-121: RGX-121 is an investigational one-time AAV Therapeutic for the treatment of Mucopolysaccharidosis Type II (MPS II), also known as Hunter Syndrome, using the NAV AAV9 vector to deliver the gene that encodes the iduronate-2-sulfatase (I2S) enzyme.
- REGENXBIO has announced that, following discussions with the FDA, it intends to file a BLA in 2024 using the accelerated approval pathway for RGX-121 for the treatment of MPS II.
- The Phase I/II trial of RGX-121 for the treatment of pediatric patients with MPS II over the age of five years old is also ongoing.
RGX-111: RGX-111 is an investigational one-time AAV Therapeutic for the treatment of severe Mucopolysaccharidosis Type I (MPS I), using the NAV AAV9 vector to deliver the α-l-iduronidase (IDUA) gene.
- REGENXBIO continues with plans to enroll additional patients in a Cohort 2 expansion arm of the Phase I/II trial.
Operational Updates
- Opened state-of-the-art gene therapy manufacturing facility
NAV Technology Licensee Program Highlights
As of June 30, 2022, REGENXBIO's NAV Technology Platform was being applied in one marketed product and multiple clinical stage partnered programs, with the potential to impact a broad range of therapeutic areas and disease indications.
- Zolgensma®, a one-time AAV Therapeutic for the treatment of spinal muscular atrophy (SMA), is a marketed product utilizing REGENXBIO's NAV AAV9 vector. In July 2022, Novartis AG reported second quarter global sales of Zolgensma of $379 million (>2,300 patients treated worldwide.)
- In May 2022, Rocket Pharmaceuticals, Inc. announced RP-A501 for the treatment of Danon disease was well-tolerated in both patients from the low-dose (6.7 x 1013GC/kg; n=2) pediatric cohort. RP-A501 is being developed as a one-time gene therapy utilizing REGENXBIO's NAV AAV9 vector.
- In May 2022, Prevail Therapeutics Inc., a wholly owned subsidiary of Eli Lilly, announced that the FDA accepted an IND application to study PR001 (LY3884961) for Type 1 Gaucher disease (GD1) in a Phase 1/2 clinical trial. PR001 (LY3884961) is being developed as a one-time gene therapy utilizing REGENXBIO's NAV AAV9 vector.
- In May 2022, Ultragenyx Pharmaceutical Inc. announced dosing and enrollment of the Phase 3 study of DTX401 for Glycogen Storage Disease Type Ia (GSDIa) is ongoing. Ultragenyx expects to initiate the Phase 3 eNH3ance study of DTX301 for Ornithine Transcarbamylase (OTC) Deficiency in mid-2022, and is dosing patients in the Phase 1/2 stage of the seamless Phase 1/2/3 Cyprus2+ study of UX701 for Wilson Disease. DTX401 and DTX301 are both being developed as one-time gene therapies utilizing REGENXBIO's NAV AAV8 vector. UX701 is being developed as a one-time gene therapy utilizing REGENXBIO's NAV AAV9 vector.
Financial Results
Cash Position: Cash, cash equivalents and marketable securities were $682.0 million as of June 30, 2022, compared to $849.3 million as of December 31, 2021. The decrease was primarily driven by cash used to fund operating activities and capital expenditures and temporary unrealized losses on marketable debt securities during the six months ended June 30, 2022.
Revenues: Revenues were $32.6 million for the three months ended June 30, 2022, compared to $22.0 million for the three months ended June 30, 2021. The increase was primarily attributable to Zolgensma royalty revenues, which increased by $10.0 million, from $18.4 million for the second quarter of 2021 to $28.4 million for the second quarter of 2022. As reported by Novartis, sales of Zolgensma for the second quarter of 2022 increased by 20% as compared to the second quarter of 2021, driven by geographic expansion of product access outside the United States.
Research and Development Expenses: Research and development expenses were $61.0 million for the three months ended June 30, 2022, compared to $45.9 million for the three months ended June 30, 2021. The increase was primarily attributable to personnel costs as a result of increased headcount, and costs associated with clinical trials and manufacturing-related activities for our lead product candidates.
General and Administrative Expenses: General and administrative expenses were $20.8 million for the three months ended June 30, 2022, compared to $18.4 million for the three months ended June 30, 2021. The increase was primarily attributable to personnel costs and corporate overhead expenses.
Net Loss: Net loss was $68.2 million, or $1.58 basic and diluted net loss per share, for the three months ended June 30, 2022, compared to a net loss of $57.6 million, or $1.36 basic and diluted net loss per share, for the three months ended June 30, 2021.
Financial Guidance
Based on its current operating plan, REGENXBIO expects its balance in cash, cash equivalents and marketable securities of $682.0 million as of June 30, 2022 to fund its operations into 2025.
Conference Call
In connection with this announcement, REGENXBIO will host a conference call and webcast today at 4:30 p.m. ET. A live audio webcast will be available at regenxbio.com/investors. Interested parties may also pre-register for the earnings conference call here. Once registration is completed, participants will be provided a dial-in number with a personalized conference code to access the call. Those who plan on participating are advised to dial in 15 minutes prior to the start time.
About REGENXBIO Inc.
REGENXBIO is a leading clinical-stage biotechnology company seeking to improve lives through the curative potential of gene therapy. REGENXBIO's NAV Technology Platform, a proprietary adeno-associated virus (AAV) gene delivery platform, consists of exclusive rights to more than 100 novel AAV vectors, including AAV7, AAV8, AAV9 and AAVrh10. REGENXBIO and its third-party NAV Technology Platform Licensees are applying the NAV Technology Platform in the development of a broad pipeline of candidates, including late-stage and commercial programs, in multiple therapeutic areas. REGENXBIO is committed to a "5x'25" strategy to progress five AAV Therapeutics from our internal pipeline and licensed programs into pivotal-stage or commercial products by 2025.
Forward-Looking Statements
This press release includes "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. These statements express a belief, expectation or intention and are generally accompanied by words that convey projected future events or outcomes such as "believe," "may," "will," "estimate," "continue," "anticipate," "assume," "design," "intend," "expect," "could," "plan," "potential," "predict," "seek," "should," "would" or by variations of such words or by similar expressions. The forward-looking statements include statements relating to, among other things, REGENXBIO's future operations, clinical trials, costs and cash flow. REGENXBIO has based these forward-looking statements on its current expectations and assumptions and analyses made by REGENXBIO in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors REGENXBIO believes are appropriate under the circumstances. However, whether actual results and developments will conform with REGENXBIO's expectations and predictions is subject to a number of risks and uncertainties, including the timing of enrollment, commencement and completion and the success of clinical trials conducted by REGENXBIO, its licensees and its partners, the timing of commencement and completion and the success of preclinical studies conducted by REGENXBIO and its development partners, the timely development and launch of new products, the ability to obtain and maintain regulatory approval of product candidates, the ability to obtain and maintain intellectual property protection for product candidates and technology, trends and challenges in the business and markets in which REGENXBIO operates, the size and growth of potential markets for product candidates and the ability to serve those markets, the rate and degree of acceptance of product candidates, the impact of the COVID-19 pandemic or similar public health crises on REGENXBIO's business, and other factors, many of which are beyond the control of REGENXBIO. Refer to the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of REGENXBIO's Annual Report on Form 10-K for the year ended December 31, 2021, and comparable "risk factors" sections of REGENXBIO's Quarterly Reports on Form 10-Q and other filings, which have been filed with the U.S. Securities and Exchange Commission (SEC) and are available on the SEC's website at www.sec.gov. All of the forward-looking statements made in this press release are expressly qualified by the cautionary statements contained or referred to herein. The actual results or developments anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on REGENXBIO or its businesses or operations. Such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to rely too heavily on the forward-looking statements contained in this press release. These forward-looking statements speak only as of the date of this press release. Except as required by law, REGENXBIO does not undertake any obligation, and specifically declines any obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Contacts:
Dana Cormack
Corporate Communications
dcormack@regenxbio.com
Investors:
Chris Brinzey, ICR Westwicke
339-970-2843
Chris.brinzey@westwicke.com
View original content to download multimedia:
SOURCE REGENXBIO Inc. | https://www.wibw.com/prnewswire/2022/08/03/regenxbio-reports-second-quarter-2022-financial-results-recent-operational-highlights/ | 2022-08-03T20:37:02Z | https://www.wibw.com/prnewswire/2022/08/03/regenxbio-reports-second-quarter-2022-financial-results-recent-operational-highlights/ | false |
- Airstream of Tampa #1 in All Three Categories (Overall, Touring Coaches and Travel Trailers)
- Airstream of Austin #1 in Central Region
- Airstream of Tampa Sets Airstream Store Records for Sales in All Three Categories
FORT LAUDERDALE, Fla., Aug. 3, 2022 /PRNewswire/ -- RV Retailer, LLC ("RVR") announced today that Airstream of Tampa has been recognized by Airstream as the #1 ranked Airstream dealer in the world for RV units retailed.
RV Retailer's Airstream of Tampa won all three categories of the competition for #1 in Airstream sales in the United States, including overall sales, touring coaches and travel trailer sales. Airstream of Tampa set a new record in overall sales, travel trailer and touring coaches for the year, with touring coaches topping over 100 sales for the first time for any dealer in the history of Airstream. In addition, RV Retailer's Airstream store in the Austin, Texas market was the #1 ranked Airstream dealer in the Central Region for travel trailers.
"We are excited to celebrate Airstream of Tampa achieving for a third consecutive year the #1 Top Overall Dealer of Airstream products in the entire United States and World," stated Jon Ferrando, Chief Executive Officer and President of RV Retailer. "We are proud of our Airstream of Austin store for ranking #1 for Airstream travel trailers in the U.S. Central Region for a fourth year in a row."
"Our teams at both stores are extraordinary with an incredible focus on the customer experience," added Jon Ferrando. "We also appreciate our incredible partnership and the support we receive from Airstream."
"We couldn't be more pleased to present Airstream of Tampa with the #1 retail location award for the third consecutive year," said Bob Wheeler, President and CEO of Airstream, Inc. "Without the hard work and tireless dedication of the team there they never would have accomplished what they have in such a short period of time. Congrats to everyone that played a part!"
RV Retailer has the following ten Airstream store locations: Airstream of Tampa, Airstream of Austin, Airstream of Greensboro, RV One Superstores Orlando, RV One Superstores Des Moines, RV One Superstores Gainesville, RV One Superstores Jacksonville, RV One Superstores Albany, RV One Superstores St Augustine and recently announced acquisition of Airstream of South Carolina (John's RV).
To learn more about our Airstream locations and RV Retailer, please visit: https://rvone.com/, https://www.airstreamofgreensboronc.com/, https://www.airstreamofaustin.com/, https://airstreamtampa.rvone.com/, or https://www.rvretailer.com/
About RV Retailer, LLC
RV Retailer, LLC is a leading recreational vehicle retail company in the United States with a focus on providing an outstanding experience for recreational vehicle customers in new and used sales, service and parts, and throughout the customer RV ownership experience. RV Retailer has 103 RV locations in 32 states: Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Idaho, Indiana, Iowa, Kentucky, Michigan, Missouri, Montana, Nevada, New Hampshire, New Mexico, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, and Wyoming. Regional store brands include: RV One Superstores, Motor Home Specialist, ExploreUSA, Floyd's RV, Sonny's Camp-N-Travel, Cousins RV, Camper Clinic, RV Outlet USA, Lifestyle RVs, Family RV Group, Northgate RV, Tom's Camperland and Blue Dog RV, which sell a wide range of new and used RV brands with thousands of RVs in inventory.
RV Retailer has a great management team led by founder Jon Ferrando, Chief Executive Officer and President. Jon Ferrando was instrumental in building America's largest automotive retailer from start-up to over $20 billion in revenue and founded RV Retailer in 2018. RV Retailer's leadership team has over 250 years of automotive and RV retail industry experience.
View original content to download multimedia:
SOURCE RV Retailer, LLC | https://www.wibw.com/prnewswire/2022/08/03/rv-retailers-airstream-tampa-store-recognized-largest-airstream-dealership-world-3rd-consecutive-year/ | 2022-08-03T20:37:16Z | https://www.wibw.com/prnewswire/2022/08/03/rv-retailers-airstream-tampa-store-recognized-largest-airstream-dealership-world-3rd-consecutive-year/ | true |
Success of Koori Mail flood response in Lismore prompts calls for First Nations first responders
By Leah WhiteWhen Lismore was hit with its biggest flood in recorded history, national Indigenous newspaper the Koori Mail responded quickly to the needs of the community.
Key points:
- The Lismore-based Koori Mail newspaper says it's been "doing the government's job" for months by providing crucial flood support
- The NSW state government says its recovery centres were up and running five days after the February 28 disaster
- Indigenous leaders have told an independent flood inquiry they would like to see support for First Nations first responders
The newspaper's general manager Naomi Moran said she was able to salvage laptops and hard drives, but the building and most of its contents were destroyed.
In the wake of the mud and wreckage, Ms Moran said they were forced to face the reality that for the first time in the organisation's 30-year history, they would not be able to print the next edition, and possibly several after that.
"We lost our building, we lost our first floor, we lost everything that the Koori Mail was for the past 30 years," she said.
Far from calling it a day, the organisation pivoted and became a flood hub responding to the community's needs for food, supplies, clothing and support.
"We came up with a strategy and some ideas around how we, as an Aboriginal organisation – an independent organisation and business in this region – could utilise all of our resources, our contacts in our networks, to support the local community," she said.
Government response an 'absolute embarrassment'
In the days, weeks and months that followed, the Koori Mail team helped coordinate food, clothes, counselling and essential items for thousands of flood-affected residents relying on financial support from donations.
It was more than three months before the Koori Mail and the adjoining Koori Kitchen received any financial support from government.
Ms Moran said while the financial assistance since June was appreciated, the newspaper had effectively been "doing the government's job" for months.
"I think it's an absolute embarrassment to the government," she said.
"I think they have a lot to answer for, coming in the 11th hour, some months later, to support a community after we've all done the work.
"It's actually been the community and the community groups that have carried this region through their time of crisis."
In a statement, Resilience NSW said:
"The first Recovery Centres were established by the New South Wales Government on 5 March 2022, providing food, access to accommodation and a range of other support services to any flood-affected community member.
"Recovery Centres and Recovery Assistance Points continue to operate across the Northern Rivers.
"Funding is currently available to non-government organisations (NGOs) across the Northern Rivers through a $13.3 million NGO funding package."
Calls for First Nations first responders
When the NSW government's independent flood inquiry held an Indigenous roundtable in Lismore in June, First Nations leaders called for government support to train and resource Indigenous communities to respond to natural disasters.
"We've been talking about things like a First Nations first responders unit," Ms Moran said.
"That's probably the biggest seed that we can plant here today, is to take a look at what it means to support a group of Aboriginal communities, service providers and organisations to map out what it looks like to respond to our people immediately and safely in times of crisis."
The inquiry's co-chair Michael Fuller told the Indigenous roundtable that training and resourcing communities to respond to natural disasters would be part of the report.
"The reality is communities will always do it better than government – we see that in most disasters," he said.
"But this point about training and resourcing communities – it's not lost on us and it will be part of the report."
That report was delivered to the state government on July 31 but has not yet been made publicly available.
Deputy Premier Paul Toole said the report would most likely be released "some time in the month of August".
Doors closing for op shop and food bank
Aunty Rose Walker has been managing the mountains of donations through the free Koori Mail op shop, in the Koori Mail building, for almost five months.
"I wouldn't be able to tell you how many people have come through here, but it would have been a lot," she said.
The Bundjalung woman said without access to the free items, many flood affected residents – both Indigenous and non-Indigenous – would have been in dire straits.
"You'll see a bit of tears because it's still affecting them inside ... losing everything," she said.
"Just to let them know that whatever they need, whatever we can provide for you, it's here. Please, we are willing to give."
Aunty Rose Walker has been a friendly face and a fixture in the op shop since early March, but after months of volunteering she's preparing to take a step back.
Ms Moran said there was additional funding to keep the Koori Kitchen running but they would look to wind up the op shop and adjoining supply bank at the end of August.
"Our volunteers are so exhausted," she said.
"They've been with us side-by-side every single day. The expectation for us to have them continue on for, you know, another few months, we can't ask that of them."
Koori Kitchen future uncertain
What started as a box of produce in a tent beside the Koori Mail building quickly grew into a free food kitchen, supplying close to 2,000 meals per day to flood victims.
The Koori Kitchen has been run by Chelsea Claydon and chef Izzy Walton who say that even five months on demand for the service is still high.
"We're still doing 600 to 800 meals a day," Ms Claydon said.
Next to the Koori Kitchen is the "Koori Coles", where flood victims can stock up on free essential items.
Both have been made possible by donations, and more recently state government funding, but it's unclear how long that will last.
"I think we need to raise more money basically in order to keep feeding these numbers," Ms Claydon said.
Ms Walton said the free meals were still an essential service in a town where few shops were open and people were struggling financially.
"A lot of them still don't have cooking facilities at home, heating facilities at home, so I think it would be really difficult if we had to shut up shop," she said.
Rekindling response above and beyond
Across town, Aboriginal health service Rekindling the Spirit has been on the ground from day one providing essential care to flood victims at a time when many of the region's medical services were down.
CEO Georgina Cohen said of the three Lismore-based offices, one went under, the other was high and dry and the third, opposite the square Lismore Square, had water lapping at the street gutters.
"There was what seemed like hundreds of boats coming in... and staff were helping whoever was in need," she said.
"On the Tuesday our power was restored and we were able to reopen the medical service.
"The staff that were not flooded, and not affected with people staying with them after the floods, were able to come in and support any and every client, with appointments, with GPs via telehealth."
The Koori Mail team and volunteers received the national NAIDOC award for innovation, recognising their "coordination and leadership" post flood.
Ms Moran said she hopes lessons are learnt from the Koori Mail's flood response.
"What you see here is a community that can absolutely self-determine what it looks like to look after our people," Ms Moran said.
Watch this story on 7.30 on ABC TV and ABC iview. | https://www.abc.net.au/news/2022-08-04/success-of-koori-mail-flood-response-in-lismore-first-responders/101274516 | 2022-08-03T20:38:43Z | https://www.abc.net.au/news/2022-08-04/success-of-koori-mail-flood-response-in-lismore-first-responders/101274516 | false |
MOUNTAIN VIEW, Calif., Aug. 3, 2022 /PRNewswire/ -- Synopsys, Inc. (Nasdaq: SNPS) today announced it will report results for the third quarter fiscal year 2022 on Wednesday, August 17, 2022, after the market close. A conference call to review the results will begin at 2:00 p.m. PT (5:00 p.m. ET) and will be hosted by Aart de Geus, chairman and chief executive officer, and Trac Pham, chief financial officer.
Financial and other statistical information to be discussed on this conference call will be available on the corporate website at www.synopsys.com immediately before the call. A live webcast will also be available on this site. Participants should access the live webcast at least 10 minutes prior to the start of the call. A webcast replay can be accessed on the corporate website beginning Wednesday, August 17, 2022, at approximately 5:00 p.m. PT. The replay will be available until Synopsys announces its fourth quarter and fiscal year 2022 results in November 2022. In addition, a dial-up replay of the conference call will be available beginning August 17, 2022, at 5:00 p.m. PT, ending on August 24, 2022, at midnight. The replay telephone number is USA +1-866-207-1041, and International +1-402-970-0847, access code 6337628.
About Synopsys
Synopsys, Inc. (Nasdaq: SNPS) is the Silicon to Software™ partner for innovative companies developing the electronic products and software applications we rely on every day. As an S&P 500 company, Synopsys has a long history of being a global leader in electronic design automation (EDA) and semiconductor IP and offers the industry's broadest portfolio of application security testing tools and services. Whether you're a system-on-chip (SoC) designer creating advanced semiconductors, or a software developer writing more secure, high-quality code, Synopsys has the solutions needed to deliver innovative products. Learn more at www.synopsys.com.
Investor Contact:
Christine Salvi-Sullivan
Synopsys, Inc.
(650) 584-1901
View original content:
SOURCE Synopsys, Inc. | https://www.valleynewslive.com/prnewswire/2022/08/03/synopsys-announces-earnings-release-date-third-quarter-fiscal-year-2022/ | 2022-08-03T20:40:44Z | https://www.valleynewslive.com/prnewswire/2022/08/03/synopsys-announces-earnings-release-date-third-quarter-fiscal-year-2022/ | false |
6-year-old recovering in ICU after being run over by bulldozer
FRANKLIN, Texas (KBTX/Gray News) – A 6-year-old boy in Texas is recovering in the intensive care unit after he was run over by a bulldozer last week.
The accident happened July 27 when Bodie Boring was on a job site with his dad, according to his mom Samantha Boring.
Boring said her son’s injuries include fractures in his pelvis, two bruised lungs, a skull fracture, a blood clot in his brain and a brain bleed.
To make matters worse, Bodie tested positive for COVID-19 on Monday while in the hospital. Boring said her son had a 103-degree fever, but that has now broken, and he is feeling better.
Before coming down with COVID, Bodie began walking again on Sunday. His mom said Bodie’s journey to recovery would be long, but she’s confident he will conquer it.
“He has amazed me so much,” Boring said. “His spirit has been so positive this whole time. Even in his worst pain, he’s just been amazing.”
Boring has documented her son’s journey on Facebook, and his cousin Magen Boring started a GoFundMe to help cover medical costs.
“He’s just also been really amazed to see everybody who cares about him and how many people are praying for him,” Magen Boring said.
Copyright 2022 KBTX via Gray Media Group, Inc. All rights reserved. | https://www.wagmtv.com/2022/08/03/6-year-old-recovering-icu-after-being-run-over-by-bulldozer/ | 2022-08-03T20:41:02Z | https://www.wagmtv.com/2022/08/03/6-year-old-recovering-icu-after-being-run-over-by-bulldozer/ | false |
Man dies in southeastern Ohio crash
Published: Aug. 3, 2022 at 4:35 PM EDT|Updated: 5 minutes ago
VINTON COUNTY, Ohio (WSAZ) - A man died Wednesday in a head-on crash on state Route 93 in Vinton County, the Ohio State Highway Patrol said.
The accident was reported just after 6:45 a.m. near mile post 16.
Troopers say Casey Jordan, 22, of Albany, was driving a Ford Ranger pickup truck that crossed the center line of the northbound lane into the path of a Dodge Ram headed south.
Jordan was pronounced dead at the scene. The other driver, a 62-year-old man from Lancaster, Ohio, was taken to Ohio Health O’Bleness Hospital in Athens then later flown to Grant Medical Center in Columbus.
His condition is unknown at this time, but he suffered “incapacitating injuries,” according to the release.
Copyright 2022 WSAZ. All rights reserved. | https://www.wsaz.com/2022/08/03/man-dies-southeastern-ohio-crash/ | 2022-08-03T20:41:20Z | https://www.wsaz.com/2022/08/03/man-dies-southeastern-ohio-crash/ | true |
Republican U.S. Rep. Jackie Walorski killed Wednesday in crash, her office says
WASHINGTON (AP) — Republican U.S. Rep. Jackie Walorski was killed Wednesday in a car accident in her northern Indiana District, according to her office.
“Jackie’s husband, was just informed by the Elkhart County Sheriff’s office that Jackie was killed in a car accident this afternoon. She has returned home to be with her Lord and Savior, Jesus Christ. Please keep her family in your thoughts and prayers. We will have no further comment at this time,” her office said in a statement.
Walorksi, who served on the House Ways and Means Committee, was first elected to represent Indiana’s 2nd Congressional District in 2012. She previously served three terms in the state’s legislature.
Walorski, 58, was born in South Bend and lived near Elkhart, Indiana. She and her husband were previously missionaries in Romania, where they established a foundation that provided food and medical supplies to impoverished children. She worked as a television news reporter in South Bend before her turn to politics.
Copyright 2022 Associated Press. All rights reserved. | https://www.wagmtv.com/2022/08/03/republican-us-rep-jackie-walorski-indiana-was-killed-wednesday-car-accident-her-office-says/ | 2022-08-03T20:41:53Z | https://www.wagmtv.com/2022/08/03/republican-us-rep-jackie-walorski-indiana-was-killed-wednesday-car-accident-her-office-says/ | true |
LONGUEUIL, Quebec (AP) _ Innergex Renewable Energy Inc. (INGXF) on Wednesday reported a second-quarter loss of $19.7 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Longueuil, Quebec-based company said it had a loss of 10 cents. Losses, adjusted for non-recurring costs, came to 1 cent per share.
The renewable energy company posted revenue of $172.2 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INGXF at https://www.zacks.com/ap/INGXF | https://www.seattlepi.com/business/article/Innergex-Q2-Earnings-Snapshot-17348958.php | 2022-08-03T20:42:28Z | https://www.seattlepi.com/business/article/Innergex-Q2-Earnings-Snapshot-17348958.php | true |
SAN FRANCISCO (AP) _ Sunrun Inc. (RUN) on Wednesday reported a loss of $12.4 million in its second quarter.
On a per-share basis, the San Francisco-based company said it had a loss of 6 cents.
The results surpassed Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share.
The solar energy products distributor posted revenue of $584.6 million in the period, also topping Street forecasts. Eight analysts surveyed by Zacks expected $485 million.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on RUN at https://www.zacks.com/ap/RUN | https://www.seattlepi.com/business/article/Sunrun-Q2-Earnings-Snapshot-17349159.php | 2022-08-03T20:43:47Z | https://www.seattlepi.com/business/article/Sunrun-Q2-Earnings-Snapshot-17349159.php | true |
MADISON, Wis. (AP) _ The winning numbers in Wednesday afternoon's drawing of the Wisconsin Lottery's "Pick 3 Midday" game were:
7-5-1
(seven, five, one)
MADISON, Wis. (AP) _ The winning numbers in Wednesday afternoon's drawing of the Wisconsin Lottery's "Pick 3 Midday" game were:
7-5-1
(seven, five, one) | https://www.seattlepi.com/lottery/article/Winning-numbers-drawn-in-Pick-3-Midday-game-17348892.php | 2022-08-03T20:45:20Z | https://www.seattlepi.com/lottery/article/Winning-numbers-drawn-in-Pick-3-Midday-game-17348892.php | true |
Company recognizes employees' commitment to excellence, continued flexibility with bonuses up to $1,000
LENEXA, Kan., Aug. 3, 2022 /PRNewswire/ -- Hostess Brands, Inc. (NASDAQ: TWNK) today announced it awarded bonuses to each of its nearly 2,000 bakery and warehouse employees up to $1,000 in recognition of their hard work and dedication over the past several months.
"At Hostess, our people are our top priority, and we are pleased to reward and recognize the flexibility and commitment of our bakery and warehouse workers with 'thank you' bonuses for the second time this year." said Rob Weber, chief people officer. "Our frontline workers are essential to delivering the high-quality, great-tasting Hostess and Voortman snacks. We are so thankful to our employees who, despite continued supply chain challenges, have remained flexible with their schedules to always meet the needs of our customers and consumers."
With supply chain shortages disrupting ingredient availability, Hostess Brands had to stay nimble to produce its iconic snacks. At times, this meant adjusting production plans and rescheduling deliveries, which required employees to adjust their hours to continue delivering indulgent snacks that inspire moments of joy for consumers.
Despite difficulties in the supply chain, Hostess Brands' employees continued to operate safely and efficiently. For example, the company's national warehouse in Edgerton, Kansas, currently has a 1.26 Total Incident Rate (TIR), which is the number of recordable incidents that a company experiences per 100 full-time employees in any given timeframe. To put that in perspective, the national TIR average for warehouses is 5.1. And throughout the company's bakery network and warehouse, there hasn't been a lost-time accident in more than 60 days.
Hostess Brands operates five North American bakeries in Chicago; Emporia, Kansas; Indianapolis; Columbus, Georgia; and Burlington, Ontario, Canada. Its facilities are rated A or AA under the global quality and food safety audit standard by the British Retail Consortium.
Hostess Brands, Inc. (NASDAQ: TWNK) is a snacking powerhouse with a portfolio of iconic brands and a mission to inspire moments of joy by putting our heart into everything we do. Hostess Brands is proud to make America's No. 1 cupcake, mini donut and sugar-free cookie brands. With sales exceeding $1.1 billion and employing approximately 2,600 dedicated team members, Hostess Brands produces new and classic snacks, including Hostess® Donettes®, Twinkies®, CupCakes, Ding Dongs® and Zingers®, as well as a variety of Voortman® cookies and wafers. For more information about Hostess Brands, please visit hostessbrands.com.
Media Contact
Carly Schesel
612-375-8590
carly.schesel@clynch.com
View original content to download multimedia:
SOURCE Hostess Brands | https://www.wagmtv.com/prnewswire/2022/08/03/hostess-brands-rewards-every-bakery-warehouse-employee-with-surprise-thank-you-bonus/ | 2022-08-03T20:46:22Z | https://www.wagmtv.com/prnewswire/2022/08/03/hostess-brands-rewards-every-bakery-warehouse-employee-with-surprise-thank-you-bonus/ | true |
ALACHUA, Fla. (AP) _ AxoGen Inc. (AXGN) on Wednesday reported a loss of $7.7 million in its second quarter.
On a per-share basis, the Alachua, Florida-based company said it had a loss of 18 cents. Losses, adjusted for non-recurring costs, were 6 cents per share.
The regenerative medicine company posted revenue of $34.5 million in the period.
AxoGen expects full-year revenue in the range of $135 million to $142 million.
AxoGen shares have climbed 12% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $10.45, a decrease of 47% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AXGN at https://www.zacks.com/ap/AXGN | https://www.ourmidland.com/business/article/AxoGen-Q2-Earnings-Snapshot-17349106.php | 2022-08-03T20:46:25Z | https://www.ourmidland.com/business/article/AxoGen-Q2-Earnings-Snapshot-17349106.php | false |
Private equity firm Thoma Bravo is buying Ping Identity for US$2.4 billion (A$3.45 billion), deepening a bet on the cyber security sector that has been one of the big winners of the pandemic.
The deal values each share of Ping Identity at US$28.50, a premium of 63 percent to the last closing price of the company whose authentication and security services are used by businesses from Chevron to HP.
Thoma Bravo has been on a shopping spree for cyber security firms in recent years, with its acquisitions including Sophos, Proofpoint and Sailpoint Technologies.
Analysts said the latest purchase - which has an equity value of US$2.4 billion, according to a Reuters calculation - could work well with Thoma Bravo's other acquisitions because of similar areas of focus.
"We could foresee them all being stitched together as an all-in-one identity platform at some point," D.A. Davidson analyst Rudy Kessinger said, adding the deal was "one of the least surprising acquisitions" he has ever seen.
Thoma Bravo, whose assets under management total more than US$114 billion, has also bought software firms such as Anaplan Inc in the past few years.
Ping Identity's shares surged over 60 percent after the news broke.
The company's biggest shareholder is Vista Equity Partners with a stake of nearly 10 percent, according to Refinitiv data.
Vista had bought Ping Identity in 2016 and then taken it public three years later in an initial public offering that valued the company at US$1.16 billion.
Vista has agreed to vote in favour of the deal, which has an enterprise value of US$2.8 billion, Ping Identity said. | https://www.itnews.com.au/news/thoma-bravo-makes-us24-billion-play-for-ping-identity-583573?utm_source=feed&utm_medium=rss&utm_campaign=iTnews+ | 2022-08-03T20:46:37Z | https://www.itnews.com.au/news/thoma-bravo-makes-us24-billion-play-for-ping-identity-583573?utm_source=feed&utm_medium=rss&utm_campaign=iTnews+ | true |
US STOCKS-Nasdaq ends at three-month high as PayPal fuels optimism
By Noel Randewich
Aug 3 (Reuters) - Wall Street ended sharply higher on Wednesday, with strong profit forecasts from PayPal and CVS Health Corp lifting sentiment and helping elevate the Nasdaq to its highest level since early May.
Data showed the U.S. services industry unexpectedly picked up in July amid strong order growth, while supply bottlenecks and price pressures eased. That supported views that the economy was not in recession despite output slumping in the first half of the year.
A fresh batch of strong results from companies including PayPal and CVS Health Corp boosted sentiment in a largely upbeat quarterly reporting season. Reports exceeding low expectations have helped Wall Street rebound from losses caused by worries about decades-high inflation, rising interest rates and shrinking economic output.
"We're going through Q2 earnings and, by and large, from the tech complex to consumer discretionary and industrials, we're seeing a lot of better-than-feared prints, and that's just good enough right now," said Sahak Manuelian, managing director of trading at Wedbush Securities in Los Angeles.
Apple, Amazon and Facebook-owner Meta Platforms all jumped.
PayPal soared after it raised its annual profit guidance and said activist investor Elliott Management had an over $2 billion stake in the financial technology firm.
CVS Health gained after the largest U.S. pharmacy chain raised its annual profit forecast after posting strong quarterly results.
Manuelian said an additional factor behind Wednesday's stock rally was growing confidence among investors that the Fed has already carried out the bulk of the interest rate hikes that will be necessary to bring inflation under control.
Meanwhile, Richmond Federal Reserve President Thomas Barkin on Wednesday joined policymakers saying that the U.S. central bank is committed to getting inflation under control and returning it to its 2% target.
According to preliminary data, the S&P 500 gained 63.68 points, or 1.56%, to end at 4,154.87 points, while the Nasdaq Composite gained 318.90 points, or 2.58%, to 12,667.66. The Dow Jones Industrial Average rose 414.62 points, or 1.28%, to 32,810.79.
Additional data on Wednesday showed new orders for U.S.-manufactured goods increased solidly in June and business spending on equipment was stronger than initially thought, pointing to underlying strength in manufacturing despite rising interest rates.
The S&P 500 has rebounded about 13% from its closing low in mid-June and would have to climb another 15% to get back to its record high close in early January.
Moderna Inc surged after the vaccine maker announced a $3 billion share buyback plan.
Regeneron Pharmaceuticals climbed after it beat quarterly revenue estimates, while coffee chain Starbucks Corp rose after it reported upbeat quarterly profits.
(Reporting by Aniruddha Ghosh and Devik Jain in Bengaluru and by Noel Randewich in Oakland, Calif; Editing by Sriraj Kalluvila, Arun Koyyur and Cynthia Osterman) | https://www.dailymail.co.uk/wires/reuters/article-11078363/US-STOCKS-Nasdaq-ends-three-month-high-PayPal-fuels-optimism.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-08-03T20:48:08Z | https://www.dailymail.co.uk/wires/reuters/article-11078363/US-STOCKS-Nasdaq-ends-three-month-high-PayPal-fuels-optimism.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true |
MENLO PARK, Calif., Aug. 3, 2022 /PRNewswire/ -- PacBio (NASDAQ: PACB) today announced financial results for the quarter ended June 30, 2022.
Second quarter results
- Revenue of $35.5 million, a 16% increase compared with $30.6 million in the prior year period.
- Delivered 36 Sequel II/IIe systems, compared with 38 Sequel II/IIe systems in the prior year period.
- Installed base of 460 Sequel II/IIe systems as of June 30, 2022, compared with 282 as of June 30, 2021.
- Instrument revenue of $15.6 million, compared with $14.3 million in the prior year period.
- Consumables revenue of $14.6 million compared with $12.2 million in the prior year period.
- Service and other revenue of $5.3 million, compared with $4.1 million in the prior year period.
Gross profit for the second quarter of 2022 was $16.2 million, representing an 18% increase compared with $13.8 million for the second quarter of 2021, and gross margin was 46% in the second quarter of 2022 compared to 45% for the second quarter of 2021. Excluding amortization of intangible assets, non-GAAP gross profit for the second quarter of 2022 was $16.4 million and represented a non-GAAP gross margin of 46% in the second quarter of 2022, compared to 45% for the second quarter of 2021 (see accompanying tables for reconciliations of GAAP and non-GAAP measures).
Operating expenses totaled $84.2 million for the second quarter of 2022, compared to $51.3 million for the second quarter of 2021. Excluding contingent consideration remeasurement and amortization of intangible assets, non-GAAP operating expenses totaled $89.6 million for the second quarter of 2022, compared to $51.3 million for the second quarter of 2021. Operating expenses for the second quarter of 2022 and the second quarter of 2021 included non-cash stock-based compensation of $18.0 million and $13.9 million, respectively.
Net loss for the second quarter of 2022 was $71.4 million, compared to a net loss of $41.0 million for the second quarter of 2021. Excluding contingent consideration remeasurement and amortization of intangible assets in the second quarter of 2022, non-GAAP net loss was $76.6 million, compared to $41.0 million for the second quarter of 2021.
GAAP net loss per share for the second quarter of 2022 was $0.32 compared to GAAP net loss per share of $0.21 for the second quarter of 2021. Non-GAAP net loss per share for the second quarter of 2022 was $0.34 compared to $0.21 for the second quarter of 2021.
Cash, cash equivalents, and investments, excluding short and long-term restricted cash, at June 30, 2022, totaled $899.2 million, compared to $1,044.4 million at December 31, 2021.
Recent company updates
- Shared information and data highlighting the accuracy and variant calling performance of our Sequencing by BindingTM short read chemistry in development at the Advances in Genome Biology and Technology (AGBT) annual meeting.
- Launched custom HiFi target enrichment panels in collaboration with Twist Bioscience for comprehensive variant calling of medically relevant genes that are challenging to sequence with short read technology.
- In April, we successfully released the latest Sequel II/IIe platform updates, which include our new direct methylation calling feature, which enables 5mC epigenetic profiling with no additional cost. Additionally, we released new gene-therapy workflows to support the expanding AAV sequencing markets.
- Published our inaugural ESG Highlights Report showcasing our approach to environmental sustainability, social justice, and responsible governance and our progress in these areas.
- Partnered with iLAC and Robotic Biology Institute, Inc. to develop fully automated end-to-end workflows for PacBio's Sequel II and Sequel IIe HiFi long-read sequencing systems by employing advanced robotics.
- Appointed Jeff Eidel as Chief Commercial Officer, effective August 16, 2022, bringing diverse, multidisciplinary leadership expertise across the genomics industry.
- Amended our development and commercialization agreement with Invitae Corporation to incentivize the acceleration of Invitae's adoption of HiFi technology and allow for continued collaboration between PacBio and Invitae toward developing next generation sequencers, including an ultra-high throughput sequencer.
"We continued to make progress expanding our Sequel IIe installed base in the quarter. However, it's clear that macroeconomic factors such as COVID lockdowns, increased inflation, strengthening U.S. dollar, supply chain issues, and volatile capital markets are affecting our customers and particularly delaying instrument purchases," said Christian Henry, President and Chief Executive Officer. "We believe the impact from these factors is transitory, and PacBio remains in a solid position to progress our product pipeline, serve our customers, and drive growth in 2022 and beyond. Our products address a vast and expanding sequencing market, and we look forward to sharing more about our strategies and business opportunities at an Analyst Day this November."
2022 Financial Guidance
As a result of macroeconomic factors discussed above, PacBio now expects 2022 revenue to be in the range of $138 million to $145 million. Management will provide more detail on financial guidance on the quarterly conference call today.
Quarterly Conference Call Information
Management will host a quarterly conference call to discuss its second quarter ended June 30, 2022, results today at 5:00 p.m. Eastern Time. Investors may listen to the call by dialing 866-652-5200, or if outside the U.S., by dialing 412-317-6060, and request to join the "PacBio Q2 Earnings Call." The call will be webcast live and will be available for replay at PacBio's website at https://investor.pacificbiosciences.com.
About PacBio
Pacific Biosciences of California, Inc. (NASDAQ: PACB) is a premier life science technology company that is designing, developing and manufacturing advanced sequencing solutions to help scientists and clinical researchers resolve genetically complex problems. Our products and technology under development stem from two highly differentiated core technologies focused on accuracy, quality and completeness which include our existing HiFi long read sequencing and our emerging SBBTM short read sequencing technologies. Our products address solutions across a broad set of research applications including human germline sequencing, plant and animal sciences, infectious disease and microbiology, oncology, and other emerging applications. For more information, please visit www.pacb.com and follow @PacBio.
Statement regarding use of non‐GAAP financial measures
The Company reports non‐GAAP results for basic and diluted net income and loss per share, net income, net loss, gross margins, gross profit and operating expenses in addition to, and not as a substitute for, or because it believes that such information is superior to, financial measures calculated in accordance with GAAP. The Company believes that non-GAAP financial information, when taken collectively, may be helpful to investors because it provides consistency and comparability with past financial performance. However, non-GAAP financial information is presented for supplemental informational purposes only, has limitations as an analytical tool and should not be considered in isolation or as a substitute for financial information presented in accordance with GAAP. In addition, other companies may calculate similarly-titled non-GAAP measures differently or may use other measures to evaluate their performance, all of which could reduce the usefulness of the Company's non-GAAP financial measures as tools for comparison.
The Company's financial measures under GAAP include substantial charges such as merger related expenses, and others that are listed in the itemized reconciliations between GAAP and non‐GAAP financial measures included in this press release. The amortization of intangible assets excluded from GAAP financial measures relates to acquired intangible assets that were recorded as part of purchase accounting last year. Such intangible assets contribute to revenue generation and its amortization will recur in future periods until they are fully amortized. Management has excluded the effects of these items in non‐GAAP measures to assist investors in analyzing and assessing past and future operating performance. In addition, management uses non-GAAP measures to compare the Company's performance relative to forecasts and strategic plans and to benchmark its performance externally against competitors.
The Company encourages investors to carefully consider its results under GAAP, as well as its supplemental non‐GAAP information and the reconciliation between these presentations, to more fully understand its business. A reconciliation of the Company's non-GAAP financial measures to their most directly comparable financial measure stated in accordance with GAAP has been provided in the financial statement tables included in this press release.
Forward-Looking Statements
This press release may contain "forward-looking statements" within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995, including statements relating to our expectations for progress on the Company's product pipeline and ability to drive growth in 2022 and beyond, as well as expectations with respect to challenges related to the COVID-19 pandemic; our expectations with respect to our collaboration and partnership efforts, as well as the potential results of such collaborations; potential impacts to our business related to macroeconomic factors, as well as our belief that such impacts will be transitory; and other future events. Reported results should not be considered an indication of future performance. You should not place undue reliance on forward-looking statements because they are subject to assumptions, risks, and uncertainties that could cause actual outcomes and results to differ materially from currently anticipated results. These risks include, but are not limited to, challenges inherent in developing, manufacturing, launching, marketing and selling new products, and achieving anticipated new sales; competition; unanticipated increases in costs or expenses; interruptions or delays in the supply of components or materials for, or manufacturing of, our products and products under development; potential product performance and quality issues and potential delays in development timelines; the possible loss of key employees, customers, or suppliers; customers and prospective customers curtailing or suspending activities utilizing our products; intellectual property risks; and other risks associated with macroeconomic conditions such as uncertain capital markets, pandemic-related lockdowns, heightened inflation, war in Europe, and international operations. Additional factors that could materially affect actual results can be found in PacBio's most recent filings with the Securities and Exchange Commission, including PacBio's most recent reports on Forms 8-K, 10-K, and 10-Q, and include those listed under the caption "Risk Factors." These forward-looking statements are based on current expectations and speak only as of the date hereof; except as required by law, PacBio disclaims any obligation to revise or update these forward-looking statements to reflect events or circumstances in the future, even if new information becomes available.
The unaudited condensed consolidated financial statements that follow should be read in conjunction with the notes set forth in PacBio's Quarterly Report on Form 10-Q when filed with the Securities and Exchange Commission.
Contacts
Investors:
Todd Friedman
650.521.8450
ir@pacb.com
Media:
Lizelda Lopez
pr@pacb.com
Pacific Biosciences of California, Inc.
Unaudited Condensed Consolidated Statement of Operations
(in thousands, except per share amounts)
_______________________
Pacific Biosciences of California, Inc.
Unaudited Condensed Consolidated Statement of Operations
(in thousands, except per share amounts)
_____________________
Pacific Biosciences of California, Inc.
Unaudited Condensed Consolidated Balance Sheets
(in thousands)
Pacific Biosciences of California, Inc.
Reconciliation of Non-GAAP Financial Measures
(in thousands, except per share amounts)
________________________
View original content to download multimedia:
SOURCE Pacific Biosciences of California, Inc. | https://www.wagmtv.com/prnewswire/2022/08/03/pacbio-announces-second-quarter-2022-financial-results/ | 2022-08-03T20:48:54Z | https://www.wagmtv.com/prnewswire/2022/08/03/pacbio-announces-second-quarter-2022-financial-results/ | false |
Text scams target bank customers and cost consumers millions
Reports of bank fraud up 15%
InvestigateTV - Text fraud cost consumers $137 million dollars in the first half of 2022, according to the Federal Trade Commission (FTC). Scammers are using text messages to pose as representatives from financial institutions, leading banks to issue warnings to their customers.
Suzanne Garber said her nightmare started with a text message she thought was from her bank. The text asked about a purchase she had not made. She answered it.
Shortly after, Garber received a phone call. The caller ID on her phone identified the caller as Wells Fargo.
The caller told Garber that to reverse the unauthorized purchase, she had to set up an account with a new bank and use the payment app Zelle to transfer $1,000 to this new account.
Garber said once she sent the money, she lost it all.
Darius Kingsley, Chase Head of Consumer Business Practices, said if you ever get a suspicious text from someone saying they’re from your bank, don’t respond.
It doesn’t matter if it’s a phone call, text message or an email, Kingsley said scammers are finding creative and sometimes aggressive tactics to trick you.
“If you do get that kind of call, again, just hang up on it,” Kingsley advised. “If you get that email. Delete the email. Don’t click on any links on it.”
The FTC’s latest data shows in 2021 there were 33,000 reports of bank fraud tied to debit cards and electronic transfers. In the first quarter of 2022 there’s been a 15% increase from the end of last year.
As for Garber, she filed a complaint with her state, sent a letter to her bank, filed a police report and notified the BBB, but she never recovered her money.
We reached out to Wells Fargo for comment. They said they were using website warnings and social media posts to help customers like Garber avoid scams such as these. They also said to only send money via Zelle “to known and trusted recipients”.
The U.S. Government Services and Information website lists recent and common scams and frauds. It also allows you to report scams or scam attempts.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kold.com/2022/08/03/text-scams-target-bank-customers-cost-consumers-millions/ | 2022-08-03T20:51:28Z | https://www.kold.com/2022/08/03/text-scams-target-bank-customers-cost-consumers-millions/ | true |
HARTFORD, Conn., Aug. 3, 2022 /PRNewswire/ -- Virtus Total Return Fund Inc. (NYSE: ZTR) previously announced, on May 25, 2022, the following monthly distribution:
Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized capital gains, or a combination thereof. Shareholders should note, however, that if the Fund's aggregate net investment income and net realized capital gains are less than the amount of the distribution level, the difference will be distributed from the Fund's assets and will constitute a return of the shareholder's capital. You should not draw any conclusions about the Fund's investment performance from the amount of this distribution or from the terms of the Fund's Managed Distribution Plan.
The Fund estimates that it has distributed more than its income and capital gains; therefore, a portion of your distribution may be a return of capital. A return of capital may occur, for example, when some or all of the money that you invested in the Fund is paid back to you. A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with 'yield' or 'income'.
The Fund provided this estimate of the sources of the distributions:
Information regarding the Fund's performance and distribution rates is set forth below. Please note that all performance figures are based on the Fund's NAV and not the market price of the Fund's shares. Performance figures are not meant to represent individual shareholder performance.
The amounts and sources of distributions reported in this notice are estimates only and are not being provided for tax reporting purposes. The actual amounts and sources of the distributions for tax purposes will depend on the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund or your broker will send you a Form 1099-DIV for the calendar year that will tell you what distributions to report for federal income tax purposes.
About the Fund
Virtus Total Return Fund Inc. is a diversified closed-end fund whose investment objective is capital appreciation, with income as a secondary objective. Virtus Investment Advisers, Inc. is the investment adviser, and Duff & Phelps Investment Management Co. and Newfleet Asset Management are the subadvisers to the Fund.
For more information on the Fund, contact shareholder services at (866) 270-7788, by email at closedendfunds@virtus.com, or through the closed-end fund section of www.virtus.com.
Fund Risks
An investment in a fund is subject to risk, including the risk of possible loss of principal. A fund's shares may be worth less upon their sale than what an investor paid for them. Shares of closed-end funds may trade at a premium or discount to their net asset value. For more information about each Fund's investment objective and risks, please see the Fund's annual report. A copy of the Fund's most recent annual report may be obtained free of charge by contacting "Shareholder Services" as set forth at the bottom of this press release.
About Duff & Phelps Investment Management Co.
Duff & Phelps Investment Management Co. pursues investment strategies with exceptional depth of resources and expertise. With more than 35 years of experience managing investment portfolios, Duff & Phelps has earned a reputation as a leader in investing in global listed infrastructure, global listed real estate, clean energy, and diversified real asst in institutional separate accounts and open- and closed-end funds. For more information, visit www.dpimc.com.
About Newfleet Asset Management
Newfleet Asset Management provides comprehensive fixed income portfolio management in multiple strategies. The Newfleet Multi-Sector Strategies team that manages the Virtus Total Return Fund Inc. employs active sector rotation and disciplined risk management in portfolio construction, avoiding interest rate bets, and remaining duration neutral to each strategy's stated benchmark. Newfleet Asset Management is a division of Virtus Fixed Income Advisers, LLC, which is a registered investment adviser affiliated with Virtus Investment Partners. For more information, visit www.newfleet.com.
About Virtus Investment Partners
Virtus Investment Partners (NASDAQ: VRTS) is a distinctive partnership of boutique investment managers singularly committed to the long-term success of individual and institutional investors. The company provides investment management products and services through its affiliated managers and select subadvisers, each with a distinct investment style, autonomous investment process, and individual brand. For more information, visit www.virtus.com.
View original content to download multimedia:
SOURCE Virtus Total Return Fund Inc. | https://www.wagmtv.com/prnewswire/2022/08/03/virtus-total-return-fund-inc-discloses-sources-distribution-section-19a-notice/ | 2022-08-03T20:51:36Z | https://www.wagmtv.com/prnewswire/2022/08/03/virtus-total-return-fund-inc-discloses-sources-distribution-section-19a-notice/ | false |
GULFPORT, Miss (AP) — A man has pleaded guilty to shooting and injuring a police K-9 during a chase in Mississippi earlier this year.
Richard J. McGuire, 44, pleaded guilty Tuesday in U.S. District Court in Gulfport, Mississippi, to one count of being a felon in possession of a firearm and one count of animal crushing.
The plea stems from an incident in March, when Moss Point police officers responded to an alarm call at a restaurant and gas station in southern Mississippi, the U.S. Attorney’s Office said in a news release. After searching the area, police found McGuire behind another business. He fled when officers approached him.
A police K-9 named “Buddy” was released to find McGuire. The dog pursued McGuire into a wooded area when officers heard two gunshots. Buddy was later found to have been shot in the chest.
Officers apprehended McGuire and said they found him with a sawed-off shotgun and body armor. As a previously convicted felon, McGuire was prohibited from possessing the weapon.
Buddy survived and will return to work soon, prosecutors said.
McGuire, who is from Mobile, Alabama, will be sentenced in November. He faces a maximum penalty of 10 years in prison for possession of a firearm and seven years for animal crushing.
An attorney for McGuire could not immediately be reached for comment. | https://www.ourmidland.com/news/article/Man-pleads-guilty-to-shooting-police-K-9-during-17349053.php | 2022-08-03T20:52:10Z | https://www.ourmidland.com/news/article/Man-pleads-guilty-to-shooting-police-K-9-during-17349053.php | true |
NEW YORK (AP) _ INNOVATE Corp. (VATE) on Wednesday reported a loss of $12.4 million in its second quarter.
On a per-share basis, the New York-based company said it had a loss of 18 cents.
The diversified holding company posted revenue of $392.2 million in the period.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on VATE at https://www.zacks.com/ap/VATE | https://www.beaumontenterprise.com/business/article/INNOVATE-Q2-Earnings-Snapshot-17349086.php | 2022-08-03T20:52:49Z | https://www.beaumontenterprise.com/business/article/INNOVATE-Q2-Earnings-Snapshot-17349086.php | false |
MILWAUKEE (AP) — A Wisconsin school district's decision to tell bar employees from displaying gay pride flags in classrooms or from putting their preferred pronouns in email signatures prompted pushback from students, alumni and others, while the superintendent said it was just reaffirming a policy that was already in place.
Kettle Moraine School District Superintendent Stephen Plum recently told the school board the district's interpretation of a policy that prohibits staff from using their positions to promote partisan politics, religious views and propaganda for personal, monetary or nonmonetary gain changed following a legal analysis, the Milwaukee Journal Sentinel reported.
Plum said teachers and administrators are prohibited from displaying political or religious messages in their classrooms or on their person, including gay pride flags and Black Lives Matter and We Back the Badge signs. Staff also may not say in emails what their preferred pronouns are.
The district posted about the decision on its Facebook page July 27, drawing hundreds of comments, most in opposition to the move.
Trey Korte, who is gay and taught English at Kettle Moraine High School from 2009 to 2019, said he was angry and sad about the policy disallowing pride flags.
"When you remove something that had been there awhile that represented a marginalized group, when you take that away, it does make people feel unwelcome,” Korte told The Associated Press Wednesday.
Critics said the ban conflicts with the school district's motto “Learning Without Boundaries,” as promoted on its website.
“We live in a world where politics are highlighted, and it puts people in uncomfortable positions. I feel the staff can fully support students. I feel that every staff member, custodian and teacher ought to know that it’s really in the best interest of the students to look out for them and to have strong, healthy relationships that develop therefrom,” Plum told the school board at a July 26 meeting.
Kettle Moraine School Board President Gary Vose backed the decision.
“This isn’t a case where we’re trying to discriminate against any group or groups for that matter, but rather just to bring clarity to allow staff to know where the line is drawn on these various things. It’s not a popularity contest. Regardless what we do here, we’re going to have some that are going to love it, some that are going to hate it. Regardless of that, I think it’s the right thing to do. I’m fully behind it,” Vose said.
Two students at Kettle Moraine High School, Bethany Provan and Brit Farrar started an online petition opposing the ban, which had generated nearly 1,400 signatures by Wednesday.
The petition said that pride flags can help students “feel safe and supported” and that instead of barring teachers from using their preferred pronouns in email signatures, schools should teach students what pronouns are.
“You use them in everyday life. So is it a crime for our teachers to say what they would like to be referred by?” the petition said. | https://www.ourmidland.com/news/article/Wisconsin-district-bans-pride-flags-from-17349029.php | 2022-08-03T20:52:54Z | https://www.ourmidland.com/news/article/Wisconsin-district-bans-pride-flags-from-17349029.php | true |
- Record Las Vegas Strip Adjusted Property EBITDAR and record second quarter Regional Operations Adjusted Property EBITDAR
- Acquired the operations of The Cosmopolitan of Las Vegas; announced the sale of the operations of Gold Strike Tunica for $450 million
- Repurchased $1.1 billion of shares of common stock during the second quarter, or 8% of outstanding shares
- Continue to pursue a commercial gaming license in New York and development of an Integrated Resort in Osaka, Japan
LAS VEGAS, Aug. 3, 2022 /PRNewswire/ -- MGM Resorts International (NYSE: MGM) ("MGM Resorts" or the "Company") today reported financial results for the quarter ended June 30, 2022.
"Our second quarter results were outstanding, representing the best ever Adjusted Property EBITDAR quarter at the Company's Las Vegas Strip Resorts and best second quarter Adjusted Property EBITDAR at our Regional Operations driven by consistent strong demand from the leisure consumer and a return from our convention customers," said Bill Hornbuckle, Chief Executive Officer and President of MGM Resorts International. "We announced several important portfolio changes during the quarter, with the acquisition of the operations of The Cosmopolitan of Las Vegas and the announcement of the sale of Gold Strike Tunica. We look to the future with optimism, as our convention and event calendar for the next year remain notably strong and BetMGM continues to be a market leader with a roadmap for growth. We remain focused on achieving our vision to be the world's premier gaming entertainment company."
"We see exceptional value in our Company's shares and have returned capital to our shareholders by repurchasing over $1.1 billion of our stock in the second quarter," said Jonathan Halkyard, Chief Financial Officer and Treasurer of MGM Resorts International. "Since early 2021, the execution of our asset light strategy has allowed us to repurchase 31% of our market cap while accumulating domestic cash in excess of debt on our balance sheet."
Second Quarter 2022 Financial Highlights:
Consolidated Results
- Consolidated net revenues of $3.3 billion compared to $2.3 billion in the prior year quarter, an increase of 44%. The current quarter benefited from the inclusion of the operating results of The Cosmopolitan of Las Vegas ("The Cosmopolitan") and Aria and Vdara (collectively "Aria") upon acquisition in May 2022 and September 2021, respectively. Additionally, results improved over the prior year quarter due to increased business volume and travel activity primarily at the Las Vegas Strip Resorts;
- Net income attributable to MGM Resorts of $1.8 billion, which included a gain related to the deconsolidation of MGM Growth Properties LLC ("MGP"), compared to $105 million in the prior year quarter;
- Diluted earnings per share of $4.20 in the current quarter compared to $0.14 in the prior year quarter;
- Adjusted diluted earnings per share ("Adjusted EPS")(1) was $0.03 in the current quarter compared to a loss of $0.13 in the prior year quarter; and
- Consolidated Adjusted EBITDAR(2) of $920 million and Consolidated Adjusted EBITDAR margin(2) of 28.2% in the current quarter.
Las Vegas Strip Resorts
- Net revenues of $2.1 billion in the current quarter compared to $1.0 billion in the prior year quarter, an increase of 113%. The current quarter benefited from the inclusion of The Cosmopolitan and Aria and an increase in business volume and travel activity compared to the prior year quarter;
- Same-store net revenues (adjusted for acquisitions/dispositions) of $1.6 billion in the current quarter, an increase of 60% compared to the prior year quarter;
- Adjusted Property EBITDAR(2) of $825 million in the current quarter compared to $397 million in the prior year quarter, an increase of 108%;
- Same-Store Adjusted Property EBITDAR(2) of $599 million in the current quarter compared to $397 million in the prior year quarter, an increase of 51%; and
- Adjusted Property EBITDAR margin(2) of 38.6% in the current quarter compared to 39.5% in the prior year quarter, a decrease of 89 basis points due primarily to an increase in contribution from lower-margin non-gaming outlets and venues.
Regional Operations
- Net revenues of $960 million in the current quarter compared to $856 million in the prior year quarter, an increase of 12% due to an increase in business volume;
- Adjusted Property EBITDAR of $340 million in the current quarter compared to $318 million in the prior year quarter, an increase of 7%; and
- Adjusted Property EBITDAR margin of 35.4% in the current quarter compared to 37.2% in the prior year quarter, a decrease of 176 basis points due primarily to an increase in contribution from lower-margin non-gaming outlets and venues.
MGM China
- Net revenues of $143 million in the current quarter compared to $311 million in the prior year quarter, a decrease of 54%. The current and prior year quarter were significantly impacted by travel and entry restrictions in Macau; and
- Adjusted Property EBITDAR loss of $52 million in the current quarter compared to Adjusted Property EBITDAR of $9 million in the prior year quarter.
Adjusted Diluted Earnings Per Share
The following table reconciles diluted income per share ("EPS") to Adjusted EPS (approximate EPS impact shown, per share; positive adjustments represent charges to income):
The current quarter also included a non-cash income tax charge of $90 million resulting from an increase in the valuation allowance on Macau deferred tax assets and a non-cash income tax benefit of $37 million to record the impact of the VICI transaction on state deferred tax liabilities.
Las Vegas Strip Resorts
The following table shows key gaming statistics for Las Vegas Strip Resorts:
The following table shows key hotel statistics for Las Vegas Strip Resorts:
Regional Operations
The following table shows key gaming statistics for Regional Operations:
MGM China
The following table shows key gaming statistics for MGM China:
License fee expense was $3 million in the current quarter and $5 million in the prior year quarter.
Corporate Expense
Corporate expense, including share-based compensation for corporate employees, increased to $120 million in the second quarter of 2022, from $97 million in the prior year quarter, partially due to an increase in payroll expense. The current quarter also included $21 million in transaction costs and the prior year quarter included $6 million of transaction costs.
Unconsolidated Affiliates
The following table summarizes information related to the Company's share of operating income (loss) from unconsolidated affiliates:
MGM Resorts Dividend and Share Repurchases
On August 3, 2022, the Company's Board of Directors approved a quarterly dividend of $0.0025 per share. The dividend will be payable on September 15, 2022 to holders of record on September 9, 2022.
During the second quarter of 2022, the Company repurchased approximately 32 million shares of its common stock at an average price of $34.42 per share for an aggregate amount of $1.1 billion, pursuant to the February 2020 and March 2022 repurchase plans. In connection with these repurchases, the February 2020 $3.0 billion stock repurchase program was completed. The remaining availability under the March 2022 repurchase program was $1.1 billion as of June 30, 2022. All shares repurchased under the Company's programs have been retired.
Conference Call Details
MGM Resorts will host a conference call at 5:00 p.m. Eastern Time today, which will include a brief discussion of the results followed by a question and answer session. In addition, supplemental slides will be posted prior to the start of the call on MGM's Investor Relations website at http://investors.mgmresorts.com.
The call will be accessible via the Internet through http://investors.mgmresorts.com/investors/events-and-presentations/ or by calling 1-888-317-6003 for domestic callers and 1-412-317-6061 for international callers. The conference call access code is 9563121.
A replay of the call will be available through August 10, 2022. The replay may be accessed by dialing 1-877-344-7529 or 1-412-317-0088. The replay access code is 2455831.
1."Adjusted EPS" is diluted earnings or loss per share adjusted to exclude property transactions, net, gain on REIT transactions, net, gain/loss related to equity investments, foreign currency loss related to MGM China's U.S. dollar-denominated debt, mark-to-market adjustments related to MGP's unhedged interest rate swaps, change in the fair value of foreign currency contracts, and gain related to CityCenter's sales of Harmon land recorded within income from unconsolidated affiliates.
Adjusted EPS is a non-GAAP measure and is presented solely as a supplemental disclosure to reported GAAP measures because management believes this measure is useful in providing period-to-period comparisons of the results of the Company's continuing operations to assist investors in reviewing the Company's operating performance over time. Management believes that while certain items excluded from Adjusted EPS may be recurring in nature and should not be disregarded in evaluating the Company's earnings performance, it is useful to exclude such items when comparing current performance to prior periods because these items can vary significantly depending on specific underlying transactions or events. Also, management believes certain excluded items, and items further discussed in footnote 2 below, may not relate specifically to current operating trends or be indicative of future results. Adjusted EPS should not be construed as an alternative to GAAP earnings per share as an indicator of the Company's performance. In addition, Adjusted EPS may not be defined in the same manner by all companies and, as a result, may not be comparable to similarly titled non-GAAP financial measures of other companies. A reconciliation of Adjusted EPS to diluted earnings per share can be found under "Adjusted Diluted Earnings Per Share" included in this release.
2."Adjusted EBITDAR" is earnings before interest and other non-operating income (expense), taxes, depreciation and amortization, preopening and start-up expenses, property transactions, net, gain on REIT transactions, net, restructuring costs (which represents costs related to severance, accelerated stock compensation expense, and consulting fees directly related to the operating model component of the MGM 2020 Plan), rent expense associated with triple net operating and ground leases, gain related to CityCenter's sale of Harmon land recorded within income from unconsolidated affiliates, and income from unconsolidated affiliates related to investments in real estate ventures.
"Adjusted Property EBITDAR" is the Company's reportable segment GAAP measure, which management utilizes as the primary profit measure for its reportable segments and underlying operating segments. Adjusted Property EBITDAR is a measure defined as earnings before interest and other non-operating income (expense), taxes, depreciation and amortization, preopening and start-up expenses, property transactions, net, gain on REIT transactions, net, rent expense associated with triple-net operating and ground leases, income from unconsolidated affiliates related to investments in real estate ventures, and also excludes corporate expense and stock compensation expense, which are not allocated to each operating segment, and rent expense related to the master lease with MGP that eliminated in consolidation.
"Same-Store Adjusted Property EBITDAR" is Adjusted Property EBITDAR further adjusted to exclude the Adjusted Property EBITDAR of acquired operating segments from the date of acquisition through the end of the reporting period and to exclude the Adjusted Property EBITDAR of disposed operating segments from the beginning of the reporting period through the date of disposition. Accordingly, the Company has excluded the Adjusted Property EBITDAR of The Cosmopolitan for periods subsequent to its acquisition on May 17, 2022, Aria for periods subsequent to its acquisition on September 27, 2021, and Circus Circus Las Vegas for periods prior to its disposition on December 19, 2019 in Same-Store Adjusted Property EBITDAR for the periods indicated, as applicable.
Same-Store Adjusted Property EBITDAR is a non-GAAP measure and is presented solely as a supplemental disclosure to reported GAAP measures because management believes this measure is useful in providing meaningful period-to-period comparisons of the results of the Company's operations for operating segments that were consolidated for the full period presented to assist users of the financial statements in reviewing operating performance over time. Same-Store Adjusted Property EBITDAR should not be viewed as a measure of overall operating performance, considered in isolation, or as an alternative to the Company's reportable segment GAAP measure or net income, or as an alternative to any other measure determined in accordance with generally accepted accounting principles, because this measure is not presented on a GAAP basis, and is provided for the limited purposes discussed herein. In addition, Same-Store Adjusted Property EBITDAR may not be defined in the same manner by all companies and, as a result, may not be comparable to similarly titled non-GAAP financial measures of other companies, and such differences may be material. A reconciliation of the Company's reportable segment Adjusted Property EBITDAR GAAP measure to Same-Store Adjusted Property EBITDAR is included in the financial schedules in this release.
"Table Games Hold Adjusted Las Vegas Strip Resorts Adjusted Property EBITDAR" and "Table Games Hold Adjusted Las Vegas Strip Resorts Same-Store Adjusted Property EBITDAR" are supplemental non-GAAP financial measures, that, in addition to the reasons described above for the presentation of Adjusted Property EBITDAR and Same-Store Adjusted Property EBITDAR, are presented to adjust for the impact of certain variances in table games win percentages compared to the mid-point of the expected ranges. Table Games Hold Adjusted Las Vegas Strip Resorts Adjusted Property EBITDAR and Table Games Hold Adjusted Las Vegas Strip Resorts Same-Store Adjusted Property EBITDAR are calculated by applying a win percentage of 30.0% for Baccarat and 21.0% for non-Baccarat games to the respective table games drops for the quarter, which represents the mid-point of the expected ranges of 25.0% to 35.0% for Baccarat and 19.0% to 23.0% for non-Baccarat at the Las Vegas Strip Resorts properties. Table Games Hold Adjusted Las Vegas Strip Resorts Same-Store Adjusted Property EBITDAR excludes the Adjusted Property EBITDAR of acquired operating segments from the date of acquisition through the end of the reporting period and the Adjusted Property EBITDAR of disposed operating segments from the beginning of the reporting period through the date of disposition, and also excludes the hold adjustment related to such acquired and disposed operating segments for the respective periods. Table Games Hold Adjusted Las Vegas Strip Resorts Adjusted Property EBITDAR and Table Games Hold Adjusted Las Vegas Strip Resorts Same-Store Adjusted Property EBITDAR are also adjusted for the gaming taxes, bad debt expense, discounts and other incentives that would have been incurred or avoided when applying the win percentages noted above to the respective gaming volumes. Table Games Hold Adjusted Las Vegas Strip Resorts Adjusted Property EBITDAR and Table Games Hold Adjusted Las Vegas Strip Resorts Same-Store Adjusted Property EBITDAR should not be viewed as a measure of overall operating performance, considered in isolation, or as an alternative to the Company's reportable segment GAAP measure or net income, or to any other measure determined in accordance with generally accepted accounting principles, because this measure is not presented on a GAAP basis, and is provided for the limited purposes discussed herein. In addition, Table Games Hold Adjusted Las Vegas Strip Resorts Adjusted Property EBITDAR and Table Games Hold Adjusted Las Vegas Strip Resorts Same-Store Adjusted Property EBITDAR may not be defined in the same manner by all companies and, as a result, may not be comparable to similarly titled non-GAAP financials measures of other companies, and such differences may be material. A reconciliation of the Company's reportable segment Adjusted Property EBITDAR GAAP measure to Table Games Hold Adjusted Las Vegas Strip Resorts Same-Store Adjusted Property EBITDAR is included in the financial schedules in this release.
Adjusted EBITDAR information is a non-GAAP measure that is a valuation metric, should not be used as an operating metric, and is presented solely as a supplemental disclosure to reported GAAP measures because management believes this measure is widely used by analysts, lenders, financial institutions, and investors as a principal basis for the valuation of gaming companies. Management believes that while items excluded from Adjusted EBITDAR may be recurring in nature and should not be disregarded in evaluation of the Company's earnings performance, it is useful to exclude such items when analyzing current results and trends. Also, management believes excluded items may not relate specifically to current trends or be indicative of future results. For example, preopening and start-up expenses will be significantly different in periods when the Company is developing and constructing a major expansion project and will depend on where the current period lies within the development cycle, as well as the size and scope of the project(s). Property transactions, net includes normal recurring disposals, gains and losses on sales of assets related to specific assets within the Company's resorts, but also includes gains or losses on sales of an entire operating resort or a group of resorts and impairment charges on entire asset groups or investments in unconsolidated affiliates, which may not be comparable period over period. In addition, management excludes rent expense associated with triple net operating leases and ground leases. Management believes excluding rent expense associated with triple net operating leases and ground leases provides useful information to analysts, lenders, financial institutions, and investors when valuing the Company, as well as comparing the Company's results to other gaming companies, without regard to differences in capital structure and leasing arrangements since the operations of other gaming companies may or may not include triple net operating leases or ground leases. However, as discussed herein, Adjusted EBITDAR should not be viewed as a measure of overall operating performance, an indicator of the Company's performance, considered in isolation, or construed as an alternative to operating income or net income, or as an alternative to cash flows from operating activities, as a measure of liquidity, or as an alternative to any other measure determined in accordance with generally accepted accounting principles, because this measure is not presented on a GAAP basis and excludes certain expenses, including the rent expense associated with the Company's triple net operating and ground leases, and are provided for the limited purposes discussed herein. In addition, other companies in the gaming and hospitality industries that report Adjusted EBITDAR may calculate Adjusted EBITDAR in a different manner and such differences may be material. The Company has significant uses of cash flows, including capital expenditures, interest payments, taxes, real estate triple net lease and ground lease payments, and debt principal repayments, which are not reflected in Adjusted EBITDAR.
A reconciliation of GAAP net income (loss) to Adjusted EBITDAR is included in the financial schedules in this release.
"Table Games Hold Adjusted Las Vegas Strip Resorts Net Revenues" and "Table Games Hold Adjusted Las Vegas Strip Resorts Same-Store Net Revenues" are additional supplemental non-GAAP financial measures that are presented to adjust Las Vegas Strip Resorts net revenues for the impact of certain variances in table games win percentages compared to the mid-point of the expected ranges, as described herein. Table Games Hold Adjusted Las Vegas Strip Resorts Same-Store Net Revenues excludes the net revenues of acquired operating segments from the date of acquisition through the end of the reporting period and the net revenues of disposed operating segments from the beginning of the reporting period through the date of disposition, and also excludes the hold adjustment related to such acquired and disposed operating segments for the respective periods. Table Games Hold Adjusted Las Vegas Strip Resorts Net Revenues and Table Games Hold Adjusted Las Vegas Strip Resorts Same-Store Net Revenues are also adjusted for the discounts and other incentives that would have been incurred or avoided when applying the win percentages described herein to the respective gaming volumes. Management believes Table Games Hold Adjusted Las Vegas Strip Resorts Net Revenues and Table Games Hold Adjusted Las Vegas Strip Resorts Same-Store Net Revenues present consistent measures in providing period-to-period comparisons and are useful measures in assisting investors in evaluating the Company's operating performance, and that Table Games Hold Adjusted Las Vegas Strip Resorts Same-Store Net Revenues is useful in providing meaningful period-to-period comparisons of the results of the Company's operations for operating segments that were consolidated by the Company for the full period presented to assist investors in reviewing the Company's operating performance over time. Table Games Hold Adjusted Las Vegas Strip Resorts Net Revenues and Table Games Hold Adjusted Las Vegas Strip Resorts Same-Store Net Revenues should not be construed as alternatives to GAAP net revenues or to any other measure determined in accordance with generally accepted accounting principles and may not be defined in the same manner by all companies and, as a result, may not be comparable to similarly titled non-GAAP financial measures of other companies, and such differences may be material. Reconciliations of GAAP net revenues to Table Games Hold Adjusted Las Vegas Strip Resorts Net Revenues and Table Games Hold Adjusted Las Vegas Strip Resorts Same-Store Net Revenues are included in the financial schedules in this release.
3. REVPAR is hotel revenue per available room.
* * *
About MGM Resorts International
MGM Resorts International (NYSE: MGM) is an S&P 500® global entertainment company with national and international locations featuring best-in-class hotels and casinos, state-of-the-art meetings and conference spaces, incredible live and theatrical entertainment experiences, and an extensive array of restaurant, nightlife and retail offerings. MGM Resorts creates immersive, iconic experiences through its suite of Las Vegas-inspired brands. The MGM Resorts portfolio encompasses 32 unique hotel and gaming destinations globally, including some of the most recognizable resort brands in the industry. The Company's 50/50 venture, BetMGM, LLC, offers U.S. sports betting and online gaming through market-leading brands, including BetMGM and partypoker. The Company is currently pursuing targeted expansion in Asia through the integrated resort opportunity in Japan. Through its "Focused on What Matters: Embracing Humanity and Protecting the Planet" philosophy, MGM Resorts commits to creating a more sustainable future, while striving to make a bigger difference in the lives of its employees, guests, and in the communities where it operates. The global employees of MGM Resorts are proud of their company for being recognized as one of FORTUNE® Magazine's World's Most Admired Companies®. For more information, please visit us at www.mgmresorts.com. Please also connect with us @MGMResortsIntl on Twitter as well as Facebook and Instagram.
Statements in this release that are not historical facts are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995 and involve risks and/or uncertainties, including those described in the Company's public filings with the Securities and Exchange Commission. The Company has based forward-looking statements on management's current expectations and assumptions and not on historical facts. Examples of these statements include, but are not limited to: the Company's expectations regarding the closing of its announced transactions and any benefits expected to be received from such transactions; future results, including the continued impact of the COVID-19 pandemic on its results of operations and the duration of such impact; expectations regarding the impact of macroeconomic trends on the Company's business; the Company's ability to execute on its strategic plans and growth projects, including obtaining commercial gaming in New York, the development of an integrated resort in Japan, and positioning BetMGM as a leader in sports betting and iGaming; and the Company's ability to return capital to shareholders (including the timing and amount of any share repurchases or dividends). These forward-looking statements involve a number of risks and uncertainties. Among the important factors that could cause actual results to differ materially from those indicated in such forward-looking statements include the continued impact of the COVID-19 pandemic on the Company's business, the effects of economic conditions and market conditions in the markets in which the Company operates and competition with other destination travel locations throughout the United States and the world, the design, timing and costs of expansion projects, risks relating to international operations, permits, licenses, financings, approvals and other contingencies in connection with growth in new or existing jurisdictions and additional risks and uncertainties described in the Company's Form 10-K, Form 10-Q and Form 8-K reports (including all amendments to those reports). In providing forward-looking statements, the Company is not undertaking any duty or obligation to update these statements publicly as a result of new information, future events or otherwise, except as required by law. If the Company updates one or more forward-looking statements, no inference should be drawn that it will make additional updates with respect to those other forward-looking statements.
MGM RESORTS CONTACTS:
View original content:
SOURCE MGM Resorts International | https://www.mysuncoast.com/prnewswire/2022/08/03/mgm-resorts-international-reports-second-quarter-2022-financial-operating-results/ | 2022-08-03T20:52:58Z | https://www.mysuncoast.com/prnewswire/2022/08/03/mgm-resorts-international-reports-second-quarter-2022-financial-operating-results/ | false |
HOUSTON, Aug. 3, 2022 /PRNewswire/ -- Flotek Industries, Inc. ("Flotek" or the "Company") (NYSE: FTK) today announced the Company's schedule for releasing its second quarter 2022 results for the three months ended June 30, 2022.
In a press release to be issued after market close on Tuesday, August 9, 2022, Flotek will release its second quarter 2022 financial and operating results for the three months ended June 30, 2022. The Company will host its earnings conference call on Wednesday, August 10, 2022, at 9 a.m. CST (10 a.m. EST).
To participate in the call, participants should access the webcast on www.flotekind.com under the Investor Relations section under "Webcasts'' or dial 1-844-835-9986 approximately five minutes prior to the start of the call. Following the conclusion of the conference call, a recording of the call will be available on the Company's website.
About Flotek Industries, Inc.
Flotek Industries, Inc. creates solutions to reduce the environmental impact of energy on air, water, land and people. A technology-driven, specialty green chemistry and data company, Flotek helps customers across industrial, commercial, and consumer markets improve their Environmental, Social, and Governance performance. Flotek's Chemistry Technologies segment develops, manufactures, packages, distributes, delivers, and markets high-quality cleaning, disinfecting and sanitizing products for commercial, governmental and personal consumer use. Additionally, Flotek empowers the energy industry to maximize the value of their hydrocarbon streams and improve return on invested capital through its real-time data platforms and green chemistry technologies. Flotek serves downstream, midstream, and upstream customers, both domestic and international. Flotek is a publicly traded company headquartered in Houston, Texas, and its common shares are traded on the New York Stock Exchange under the ticker symbol "FTK." For additional information, please visit www.flotekind.com.
Forward-Looking Statements
Certain statements set forth in this press release constitute forward-looking statements (within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934) regarding Flotek Industries, Inc.'s business, financial condition, results of operations and prospects. Words such as will, continue, expects, anticipates, intends, plans, believes, seeks, estimates and similar expressions or variations of such words are intended to identify forward-looking statements, but are not the exclusive means of identifying forward-looking statements in this press release. Although forward-looking statements in this press release reflect the good faith judgment of management, such statements can only be based on facts and factors currently known to management. Consequently, forward-looking statements are inherently subject to risks and uncertainties, and actual results and outcomes may differ materially from the results and outcomes discussed in the forward-looking statements. Further information about the risks and uncertainties that may impact the company are set forth in the Company's most recent filing with the Securities and Exchange Commission on Form 10-K (including, without limitation, in the "Risk Factors" section thereof), and in the Company's other SEC filings and publicly available documents. Readers are urged not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to revise or update any forward-looking statements in order to reflect, any event or circumstance that may arise after the date of this press release.
View original content to download multimedia:
SOURCE Flotek Industries, Inc. | https://www.weau.com/prnewswire/2022/08/03/flotek-announces-earnings-schedule-second-quarter-2022-results/ | 2022-08-03T20:54:06Z | https://www.weau.com/prnewswire/2022/08/03/flotek-announces-earnings-schedule-second-quarter-2022-results/ | true |
WICHITA, Kan. (KSNW) – The Sedgwick County Commission addressed concerns with Tuesday’s election and some mishaps that occurred at a few polling places.
One instance occurred at the Maize Recreation Center polling location. Voters at that location who were in line before 7 p.m. were informed that they would need to go to a different site to vote.
Sedgwick County Election Commissioner Angela Caudillo addressed it in a county news release saying, “This was an inappropriate decision made by the election workers. This was immediately addressed with those workers.”
Another problem was the long lines at the Linwood Recreation Center. Commissioner Lacey Cruse was at that center as lines of people waited hours to vote. A plea for more poll workers was put out, and several responded to the location to help. Voting wrapped up there at 9:45 p.m. Cruse had more issues with voters being turned away.
“I’m very, very concerned about the previously mentioned site in Maize that was shut down at 6:40,” Cruse said. “Voters were told to go to a different polling location, and that is completely unacceptable. I know Angela has addressed that in a statement last night.”
Commissioner David Dennis was made aware of some election issues by fellow commissioners and went to the election office to check out things.
He said Nicole Gibbs, a Sedgwick County community relations specialist, was in the office offering support to the election staff. Gibbs released a statement to the media about the polling location problems at Maize.
“Angela was very busy last evening. I didn’t want to take away from her duties,” Dennis said.
Throughout their comments, commissioners praised Caudillo and other election workers for their work. Several agreed that training and recruiting election employees is a challenge and addressed that more work may need to be done on that issue in the future.
“I really believe our election commissioner is capable. I believe she is learning, and I want to personally ask that we extend her and the entire elections team and the many volunteers some grace in this overwhelming turnout of democracy last night,” Cruse said.
Commissioner Jim Howell echoed his fellow commissioners with support.
“The election commissioner, Angela Caudillo, literally has 10,000 details to get right, and that is a very hard job, and things do go wrong,” Howell said.
The commissioners will hear from Caudillo at the next meeting on August 17. They will also meet the election commissioner for the vote canvass on August 11 at the Old Sedgwick County Courthouse.
Election Commissioner Angela Caudillo was appointed by Kansas Secretary of State Scott Schwab last July after Tabitha Lehman was not reappointed. The Sedgwick County Commission doesn’t appoint that position.
Caudillo talked more about the election at a Wednesday news conference. You can watch it here. | https://www.ksn.com/news/your-local-election-hq/sedgwick-county-commissioners-discuss-election-problems/ | 2022-08-03T20:55:30Z | https://www.ksn.com/news/your-local-election-hq/sedgwick-county-commissioners-discuss-election-problems/ | false |
WASHINGTON (AP) — When House Speaker Nancy Pelosi flew into Taiwan on an Air Force passenger jet, she became the highest-ranking American official in 25 years to visit the self-ruled island. China announced military maneuvers in retaliation, even as Taiwanese officials welcomed her and she headed to her hotel.
The reason her visit Tuesday ratcheted up tension between China and the United States: China claims Taiwan as part of its territory, and it views visits by foreign government officials as them recognizing the island’s sovereignty.
President Joe Biden has sought to calm that complaint, insisting there’s no change in America’s longstanding “one-China policy,” which recognizes Beijing but allows informal relations and defense ties with Taipei.
Pelosi portrays her high-profile trip as part of a U.S. obligation to stand with democracies against autocratic countries, and with democratic Taiwan against China.
A look at some of the issues at play:
WHY DID PELOSI GO TO TAIWAN?
Pelosi has made a mission over decades of showing support for embattled democracy movements. Those include a trip in 1991 to Tiananmen Square, where she and other lawmakers unrolled a small banner supporting democracy, as frowning Chinese security officers tried to shut them down. Chinese forces had crushed a homegrown democracy movement at the same spot two years earlier.
The speaker is framing her Taiwan trip as part of a broader mission at a time when “the world faces a choice between autocracy and democracy.” She led a congressional delegation to the Ukrainian capital of Kyiv in the spring, and her latest effort serves as a capstone to her years of promoting democracy abroad.
“We must stand by Taiwan,” she said in an opinion piece published by The Washington Post on her arrival in Taiwan. She cited the commitment that the U.S. made to a democratic Taiwan under a 1979 law.
“It is essential that America and our allies make clear that we never give in to autocrats,” she wrote.
WHAT IS THE U.S. STAND ON TAIWAN?
The Biden administration, and Pelosi, say the United States remains committed to its “one-China policy.”
Taiwan and mainland China split during a civil war in 1949. But China claims the island as its own territory and has not ruled out using military force to take it.
China has been increasing both diplomatic and military pressure in recent years. It cut off all contact with Taiwan’s government in 2016 after President Tsai Ing-wen refused to endorse its claim that the island and mainland together make up a single Chinese nation, with Communist Beijing the sole legitimate government.
Beijing sees official American contact with Taiwan as encouragement to make the island’s decades-old de facto independence permanent, a step U.S. leaders say they don’t support.
HOW IS THE CHINESE MILITARY HANDLING THE TENSION-RAISING TRIP?
Soon after Pelosi’s arrival, China announced a series of military operations and drills, which followed its promises of “resolute and strong measures” if Pelosi went through with her visit.
China’s People’s Liberation Army said the maneuvers would take place in the waters and skies near Taiwan and include the firing of long-range ammunition in the Taiwan Strait.
China’s official Xinhua News said the army planned to conduct live-fire drills from Thursday to Sunday across multiple locations. An image released by the news agency indicated that the drills were to take place in six different areas in the waters surrounding Taiwan.
Taiwan’s Defense Ministry said early Wednesday that China had sent 21 planes flying toward Taiwan, 18 of them fighter jets. The rest included an early warning plane and an electronic warfare plane.
HOW HAS THE UNITED STATES RESPONDED?
While Biden has expressed some wariness about Pelosi’s trip, the administration has not openly opposed it and said it is up to Pelosi to decide whether to go.
Ahead of Pelosi’s visit, the American military increased its movements in the Indo-Pacific region. The aircraft carrier USS Ronald Reagan and its strike group were in the Philippine Sea on Monday, according to officials who spoke on condition of anonymity to discuss military operations.
The Reagan, the cruiser USS Antietam and the destroyer USS Higgins left Singapore after a port visit and moved north toward their home port in Japan. The carrier has an array of aircraft, including F/A-18 fighter jets and helicopters, as well as sophisticated radar systems and other weapons.
IS ARMED CONFLICT A RISK?
Chinese President Xi Jinping and Biden both have made clear they don’t want that. In a call with Biden last week, Xi echoed a theme of Biden’s — their countries should cooperate on areas where they can.
The biggest risk is likely an accident if China tries the kind of provocative maneuver it’s increasingly been executing with other militaries around the South China Sea. Those include close fly-bys of other aircraft or confronting vessels at sea.
However, when it comes to the United States, with the world’s strongest military, “despite a chorus of nationalistic rhetoric, China will be careful not to stumble into a conflict with colossal damages on all fronts,” said Yu Jie, a senior research fellow at the Chatham House think tank.
For China, the best approach is patience and time, Jie said — building toward the day when its economy and military could be too big for the U.S. to challenge.
___
This story has been corrected to show the name of the expert is Jie, not Lie. | https://cbs4indy.com/news/politics/ap-politics/explainer-why-pelosi-went-to-taiwan-and-why-chinas-angry/ | 2022-08-03T20:55:49Z | https://cbs4indy.com/news/politics/ap-politics/explainer-why-pelosi-went-to-taiwan-and-why-chinas-angry/ | true |
Company to Host Investor Webcast and Conference Call at 11:00 AM ET Tomorrow
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL) ("RTL" or the "Company"), a real estate investment trust focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S., announced today its financial and operating results for the second quarter ended June 30, 2022.
Second Quarter 2022 and Subsequent Events Highlights
- Revenue grew 43.3% to $116.9 million from $81.6 million for the second quarter 2021
- Net loss attributable to common stockholders was $56.3 million as compared to net loss of $7.4 million for the second quarter 2021
- Cash net operating income ("NOI") rose 31.9% to $86.3 million from $65.4 million for the second quarter 2021
- Funds from Operations ("FFO") grew by 17.4% to $0.27 per share from $0.23 per share in the second quarter 2021
- Adjusted Funds from Operations ("AFFO") increased 31.7% to $38.5 million from $29.2 million in the prior year second quarter
- AFFO per share increased 11.5% to $0.29 per share from $0.26 per diluted share in the prior year second quarter
- AFFO per share increased 32% compared to the fourth quarter 2021, the period prior to the $1.3 billion open-air shopping center portfolio acquisition
- Paid dividends on common stock of $28.6 million or $0.21 per share
- Acquired 32 properties for $470.3 million at a cash capitalization rate1 of 7.2% and a weighted average capitalization rate2 8.6%
- High quality portfolio with 52% of the single tenant portfolio, and 61.8% of top 20 tenants, investment grade rated or implied investment grade rated3
- Occupancy at open-air assets grew to 87.4% from 86.6% at second quarter 2021 and Executed Occupancy and Leasing Pipeline4 at open-air shopping centers grew to 89.4% compared to 88.8% in the prior quarter
- Subsequent to quarter-end, closed on acquisition of one property for $71.1 million, completing the previously announced $1.3 billion shopping center acquisition
"Our second quarter results reflect the anticipated accretion from the transformational $1.3 billion open-air shopping center portfolio acquisition that we recently completed," said Michael Weil, CEO of RTL. "We had one of our best quarters since inception, with AFFO per share growing over 11% to $0.29 per share in the second quarter compared to a year ago and 32% over the fourth quarter of 2021, the last period prior to the acquisition of the open-air shopping center portfolio. Our diversified, necessity-based retail portfolio is pandemic-tested and well positioned to perform across all economic cycles. Additionally, given that we locked in attractive fixed rates on 83% of our debt, we have limited exposure to the current higher interest rate environment. Our attention is now focused on capitalizing on the upside potential in our portfolio through the lease up of available space and on the resumption of our deleveraging initiative while continuing to pay a compelling dividend. We believe these activities, along with our world-class portfolio, will support continued value creation over the near and long-term."
Financial Results
Real Estate Portfolio
The Company's portfolio consisted of 1,056 net lease properties located in 47 states and the District of Columbia and comprised approximately 29.0 million rentable square feet as of June 30, 2022. Portfolio metrics include:
- 90.8% leased, with 7.2 years remaining weighted-average lease term5
- 61.6% of leases have weighted-average contractual rent increases of 1.0% based on annualized straight-line rent which increase the cash that is due under these leases over time
- 52% and 41% of annualized straight-line rent in the single tenant portfolio and from multi-tenant anchor tenants, respectively, was derived from investment grade or implied investment grade tenants
- 92% retail properties, 7% distribution properties and 1% office properties (based on an annualized straight-line rent)
- 60% of the retail portfolio focused on either service6 or experiential retail7 giving the Company strong alignment with "e-commerce resistant" real estate
Property Acquisitions
During the three months ended June 30, 2022, the Company acquired 32 properties for an aggregate contract purchase price of $470.3 million at a cash capitalization rate of 7.2% and a weighted average capitalization rate 8.6%.
Property Dispositions
During the three months ended June 30, 2022, the Company disposed of five properties, for an aggregate contract price of $30.4 million.
Capital Structure and Liquidity Resources
As of June 30, 2022 the Company had a total borrowing capacity under the credit facility of $526.6 million based on the value of the borrowing base under the credit facility, and, of this amount, $488.0 million was outstanding under the credit facility as of June 30, 2022 and $38.6 million remained available for future borrowings. Subsequent to quarter end, the Company borrowed additional funds under the credit facility to partially fund acquisitions. As of June 30, 2022, the Company had $69.4 million of cash and cash equivalents. The Company's net debt8 to gross asset value9 was 50.6%, with net debt of $2.7 billion.
The Company's percentage of fixed rate debt was 82.5% as of June 30, 2022. The Company's total combined debt had a weighted-average interest rate cost of 3.8%10, resulting in an interest coverage ratio of 2.9 times11.
Webcast and Conference Call
RTL will host a webcast and call on August 4, 2022 at 11:00 a.m. ET to discuss its financial and operating results. This webcast will be broadcast live over the Internet and can be accessed by all interested parties through the RTL website, www.necessityretailreit.com, in the "Investor Relations" section.
Dial-in instructions for the conference call and the replay are outlined below.
To listen to the live call, please go to RTL's "Investor Relations" section of the website at least 15 minutes prior to the start of the call to register and download any necessary audio software. For those who are not able to listen to the live broadcast, a replay will be available shortly after the call on the RTL website at www.necessityretailreit.com.
Live Call
Dial-In (Toll Free): 1-877-407-0792
International Dial-In: 1-201-689-8263
Conference Replay*
Domestic Dial-In (Toll Free): 1-844-512-2921
International Dial-In: 1-412-317-6671
Conference Number: 13730900
*Available from 2:00 p.m. ET on August 4, 2022 through November 4, 2022.
About The Necessity Retail REIT, Inc.
The Necessity Retail REIT (Nasdaq: RTL) is the preeminent publicly traded real estate investment trust (REIT) focused on "Where America Shops". RTL acquires and manages a diversified portfolio of primarily necessity-based retail single tenant and open-air shopping center properties in the U.S. Additional information about RTL can be found on its website at www.necessityretailreit.com.
Supplemental Schedules
The Company will file supplemental information packages with the Securities and Exchange Commission (the "SEC") to provide additional disclosure and financial information. Once posted, the supplemental package can be found under the "Presentations" tab in the Investor Relations section of RTL's website at www.necessityretailreit.com and on the SEC website at www.sec.gov.
Important Notice
The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause actual results or events to be materially different. The words "may," "will," "seeks," " "anticipates," "believes," "expects," "estimates," "projects," "plans," "intends," "should" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside of the Company's control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include (a) the potential adverse effects of (i) the ongoing global COVID-19 pandemic, including actions taken to contain or treat COVID-19, and (ii) the geopolitical instability due to the ongoing military conflict between Russia and Ukraine, including related sanctions and other penalties imposed by the U.S. and European Union, and the related impact on the Company, the Company's tenants, and the global economy and financial markets, and (b) that any potential future acquisition is subject to market conditions and capital availability and may not be completed on favorable terms, or at all, as well as those risks and uncertainties set forth in the Risk Factors section of the Company's Annual Report on Form 10-K for the year ended December 31, 2021 filed on February 24, 2022 and all other filings with the SEC after that date as such risks, uncertainties and other important factors may be updated from time to time in the Company's subsequent reports. Forward looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results, unless required to do so by law.
Accounting Treatment of Rent Deferrals/Abatements
The majority of the concessions granted to the Company's tenants as a result of the COVID-19 pandemic are rent deferrals or temporary rent abatements with the original lease term unchanged and collection of deferred rent deemed probable. The Company's revenue recognition policy requires that it must be probable that the Company will collect virtually all of the lease payments due and does not provide for partial reserves, or the ability to assume partial recovery. In light of the COVID-19 pandemic, the Financial Accounting Standards Board ("FASB") and SEC agreed that for leases where the total lease cash flows will remain substantially the same or less than those after the COVID-19 related effects, companies may choose to forgo the evaluation of the enforceable rights and obligations of the original lease contract as a practical expedient and account for rent concessions as if they were part of the enforceable rights and obligations of the parties under the existing lease contract. As a result, rental revenue used to calculate Net Income and National Association of Real Estate Investment Trusts ("NAREIT") Funds From Operations ("FFO") has not been, and the Company does not expect it to be, significantly impacted by these types of deferrals. In addition, since the Company currently believes that these deferral amounts are collectable, the Company has excluded from the increase in straight-line rent for Adjusted FFO ("AFFO") purposes the amounts recognized under accounting principles generally accepted in the United States of America ("GAAP") relating to these types of rent deferrals. Conversely, for abatements where contractual rent has been reduced, the reduction in revenue is reflected over the remaining lease term for accounting purposes but represents a permanent reduction in revenue and the Company has, accordingly, reduced its AFFO.
Contacts:
Investors and Media:
Email: investorrelations@necessityretailreit.com
Phone: (866) 902-0063
Non-GAAP Financial Measures
This release discusses the non-GAAP financial measures we use to evaluate our performance, including FFO, AFFO, Adjusted Earnings before Interest, Taxes, Depreciation and Amortization ("Adjusted EBITDA"), Net Operating Income ("NOI") and Cash Net Operating Income ("Cash NOI"). While NOI is a property-level measure, AFFO is based on our total performance and therefore reflects the impact of other items not specifically associated with NOI such as, interest expense, general and administrative expenses and operating fees to related parties. Additionally, NOI as defined herein, does not reflect an adjustment for straight-line rent but AFFO does. A description of these non-GAAP measures and reconciliations to the most directly comparable GAAP measure, which is net income, is provided below. Adjustments for unconsolidated partnerships and joint ventures are calculated to exclude the proportionate share of the non-controlling interest to arrive at FFO, AFFO and NOI attributable to stockholders.
Caution on Use of Non-GAAP Measures
FFO, AFFO, Adjusted EBITDA, NOI and Cash NOI should not be construed to be more relevant or accurate than the current GAAP methodology in calculating net income or in its applicability in evaluating our operating performance. The method utilized to evaluate the value and performance of real estate under GAAP should be construed as a more relevant measure of operational performance and considered more prominently than the non-GAAP measures.
Other REITs may not define FFO in accordance with the current NAREIT, an industry trade group, definition (as we do), or may interpret the current NAREIT definition differently than we do, or may calculate AFFO differently than we do. Consequently, our presentation of FFO and AFFO may not be comparable to other similarly titled measures presented by other REITs.
We consider FFO and AFFO useful indicators of our performance. Because FFO and AFFO calculations exclude such factors as depreciation and amortization of real estate assets and gains or losses from sales of operating real estate assets (which can vary among owners of identical assets in similar conditions based on historical cost accounting and useful-life estimates), FFO and AFFO presentations facilitate comparisons of operating performance between periods and between other REITs in our peer group.
As a result, we believe that the use of FFO and AFFO, together with the required GAAP presentations, provide a more complete understanding of our performance, including relative to our peers and a more informed and appropriate basis on which to make decisions involving operating, financing, and investing activities. However, FFO and AFFO are not indicative of cash available to fund ongoing cash needs, including the ability to pay cash dividends. Investors are cautioned that FFO and AFFO should only be used to assess the sustainability of our operating performance excluding these activities, as they exclude certain costs that have a negative effect on our operating performance during the periods in which these costs are incurred.
Funds from Operations and Adjusted Funds from Operations
Funds from Operations
Due to certain unique operating characteristics of real estate companies, as discussed below, the NAREIT, an industry trade group, has promulgated a performance measure known as FFO, which we believe to be an appropriate supplemental measure to reflect the operating performance of a REIT. FFO is not equivalent to net income or loss as determined under GAAP.
We calculate FFO, a non-GAAP measure, consistent with the standards established over time by the Board of Governors of NAREIT, as restated in a White Paper and approved by the Board of Governors of NAREIT effective in December 2018 (the "White Paper"). The White Paper defines FFO as net income or loss computed in accordance with GAAP, excluding depreciation and amortization related to real estate, gains and losses from sales of certain real estate assets, gain and losses from change in control and impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by the entity. Adjustments for consolidated partially-owned entities (including our Operating Partnership) and equity in earnings of unconsolidated affiliates are made to arrive at our proportionate share of FFO attributable to our stockholders. Our FFO calculation complies with NAREIT's definition.
The historical accounting convention used for real estate assets requires straight-line depreciation of buildings and improvements, and straight-line amortization of intangibles, which implies that the value of a real estate asset diminishes predictably over time. We believe that, because real estate values historically rise and fall with market conditions, including inflation, interest rates, unemployment and consumer spending, presentations of operating results for a REIT using historical accounting for depreciation and certain other items may be less informative. Historical accounting for real estate involves the use of GAAP. Any other method of accounting for real estate such as the fair value method cannot be construed to be any more accurate or relevant than the comparable methodologies of real estate valuation found in GAAP. Nevertheless, we believe that the use of FFO, which excludes the impact of real estate related depreciation and amortization, among other things, provides a more complete understanding of our performance to investors and to management, and when compared year over year, reflects the impact on our operations from trends in occupancy rates, rental rates, operating costs, general and administrative expenses, and interest costs, which may not be immediately apparent from net income.
Adjusted Funds from Operations
In calculating AFFO, we start with FFO, then we exclude certain income or expense items from AFFO that we consider to be more reflective of investing activities, such as non-cash income and expense items and the income and expense effects of other activities that are not a fundamental attribute of our day to day operating business plan, such as amounts related to litigation arising out of the merger with American Realty Capital-Retail Centers of America, Inc. in February 2017 (the "Merger"). These amounts include legal costs incurred as a result of the litigation, portions of which have been and may in the future be reimbursed under insurance policies maintained by us. Insurance reimbursements are deducted from AFFO in the period of reimbursement. We believe that excluding the litigation costs and subsequent insurance reimbursements related to litigation arising out of the Merger helps to provide a better understanding of the operating performance of our business. Other income and expense items also include early extinguishment of debt and unrealized gains and losses, which may not ultimately be realized, such as gains or losses on derivative instruments and gains and losses on investments. In addition, by excluding non-cash income and expense items such as amortization of above-market and below-market leases intangibles, amortization of deferred financing costs, straight-line rent, and share-based compensation related to restricted shares, the 2018 multi-year outperformance agreement with the Advisor and the 2021 multi-year outperformance agreement with the Advisor from AFFO, we believe we provide useful information regarding those income and expense items which have a direct impact on our ongoing operating performance.
In calculating AFFO, we exclude certain expenses which under GAAP are characterized as operating expenses in determining operating net income (loss). All paid and accrued merger, acquisition and transaction related fees and certain other expenses negatively impact our operating performance during the period in which expenses are incurred or properties are acquired and will also have negative effects on returns to investors but are not reflective of our on-going performance. In addition, legal fees and expense associated with COVID-19-related lease disputes involving certain tenants negatively impact our operating performance but are not reflective of our on-going performance. Further, under GAAP, certain contemplated non-cash fair value and other non-cash adjustments are considered operating non-cash adjustments to net income (loss). In addition, as discussed above, we view gains and losses from fair value adjustments as items which are unrealized and may not ultimately be realized and not reflective of ongoing operations and are therefore typically adjusted for when assessing operating performance. Excluding income and expense items detailed above from our calculation of AFFO provides information consistent with management's analysis of our operating performance. Additionally, fair value adjustments, which are based on the impact of current market fluctuations and underlying assessments of general market conditions but can also result from operational factors such as rental and occupancy rates, may not be directly related or attributable to our current operating performance. By excluding such changes that may reflect anticipated and unrealized gains or losses, we believe AFFO provides useful supplemental information. By providing AFFO, we believe we are presenting useful information that can be used, among other things, to assess our performance without the impact of transactions or other items that are not related to our portfolio of properties. AFFO presented by us may not be comparable to AFFO reported by other REITs that define AFFO differently. Furthermore, we believe that in order to facilitate a clear understanding of our operating results, AFFO should be examined in conjunction with net income (loss) calculated in accordance with GAAP and presented in our consolidated financial statements. AFFO should not be considered as an alternative to net income (loss) as an indication of our performance or to cash flows as a measure of our liquidity or ability to pay dividends. FFO and AFFO may include income from lease termination fees, which is recorded in revenue from tenants in our consolidated statements of operations.
Adjusted Earnings before Interest, Taxes, Depreciation and Amortization, Net Operating Income and Cash Net Operating Income.
We believe that Adjusted EBITDA, which is defined as earnings before interest, taxes, depreciation and amortization adjusted for acquisition and transaction-related expenses, other non-cash items such as expense related to our multi-year outperformance agreement with the Advisor and including our pro-rata share from unconsolidated joint ventures, is an appropriate measure of our ability to incur and service debt. Adjusted EBITDA should not be considered as an alternative to cash flows from operating activities, as a measure of our liquidity or as an alternative to net income as an indicator of our operating activities. Other REITs may calculate Adjusted EBITDA differently and our calculation should not be compared to that of other REITs.
NOI is a non-GAAP financial measure used by us to evaluate the operating performance of our real estate. NOI is equal to total revenues, excluding contingent purchase price consideration, less property operating and maintenance expense. NOI excludes all other items of expense and income included in the financial statements in calculating net income (loss). We believe NOI provides useful and relevant information because it reflects only those income and expense items that are incurred at the property level and presents such items on an unleveraged basis. We use NOI to assess and compare property level performance and to make decisions concerning the operations of the properties. Further, we believe NOI is useful to investors as a performance measure because, when compared across periods, NOI reflects the impact on operations from trends in occupancy rates, rental rates, operating expenses and acquisition activity on an unleveraged basis, providing perspective not immediately apparent from net income (loss). NOI excludes certain items included in calculating net income (loss) in order to provide results that are more closely related to a property's results of operations. For example, interest expense is not necessarily linked to the operating performance of a real estate asset. In addition, depreciation and amortization, because of historical cost accounting and useful life estimates, may distort operating performance at the property level. NOI presented by us may not be comparable to NOI reported by other REITs that define NOI differently. We believe that in order to facilitate a clear understanding of our operating results, NOI should be examined in conjunction with net income (loss) as presented in our consolidated financial statements. NOI should not be considered as an alternative to net income (loss) as an indication of our performance or to cash flows as a measure of our liquidity or our ability to pay dividends.
Cash NOI is a non-GAAP financial measure that is intended to reflect the performance of our properties. We define Cash NOI as NOI excluding amortization of above/below market lease intangibles and straight-line adjustments that are included in GAAP lease revenues. We believe that Cash NOI is a helpful measure that both investors and management can use to evaluate the current financial performance of our properties and it allows for comparison of our operating performance between periods and to other REITs. Cash NOI should not be considered as an alternative to net income, as an indication of our financial performance, or to cash flows as a measure of liquidity or our ability to fund all needs. The method by which we calculate and present Cash NOI may not be directly comparable to the way other REITs present Cash NOI.
Cash Paid for Interest is calculated based on the interest expense less non-cash portion of interest expense and amortization of mortgage (discount) premium, net. Management believes that Cash Paid for Interest provides useful information to investors to assess our overall solvency and financial flexibility. Cash Paid for Interest should not be considered as an alternative to interest expense as determined in accordance with GAAP or any other GAAP financial measures and should only be considered together with and as a supplement to our financial information prepared in accordance with GAAP.
View original content to download multimedia:
SOURCE The Necessity Retail REIT, Inc. | https://www.weau.com/prnewswire/2022/08/03/necessity-retail-reit-announces-second-quarter-2022-results/ | 2022-08-03T20:57:09Z | https://www.weau.com/prnewswire/2022/08/03/necessity-retail-reit-announces-second-quarter-2022-results/ | true |
Subsets and Splits
No community queries yet
The top public SQL queries from the community will appear here once available.