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DALLAS, July 28, 2022 /PRNewswire/ -- NexPoint Real Estate Finance ("NREF" or the "Company") (NYSE: NREF) announced today that its board of directors has declared a quarterly dividend of $0.50 per share of NREF common stock. The dividend will be payable on September 30, 2022 to stockholders of record on September 15, 2022.
NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NREF" primarily focused on originating, structuring and investing in first mortgage loans, mezzanine loans, preferred equity and alternative structured financings in commercial real estate properties, as well as multifamily commercial mortgage-backed securities. More information about the Company is available at http://nref.nexpoint.com.
Contact:
Jackie Graham
Investor Relations
JGraham@nexpoint.com
Media: MediaRelations@nexpoint.com
View original content to download multimedia:
SOURCE NexPoint Real Estate Finance, Inc.
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https://www.wlbt.com/prnewswire/2022/07/28/nexpoint-real-estate-finance-inc-announces-quarterly-dividend/
| 2022-07-28T13:37:35
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| 0.90254
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You need to enable JavaScript to run this app.
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https://sportspyder.com/mlb/chicago-cubs/articles/40206898
| 2022-07-28T13:37:38
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en
| 0.738227
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ASHBURN, Va. — Washington Commanders owner Dan Snyder is set to testify Thursday morning before a congressional committee investigating the NFL team’s history of workplace misconduct.
A spokesperson for the U.S. House Committee on Oversight and Reform says Snyder will give a deposition virtually and in private.
The spokesperson said in a statement on behalf of the committee: “Snyder has committed to providing full and complete testimony, and to answer the Committee’s questions about his knowledge of and contributions to the Commanders’ toxic work environment, as well as his efforts to interfere with the NFL’s internal investigation, without hiding behind non-disclosure or other confidentiality agreements.”
Snyder, who is out of the country, will testify voluntarily after committee members came to an agreement with his legal team on those terms. The committee had previously agreed to have Snyder testify under the terms of a subpoena it had initially issued.
The committee has the discretion to decide what, if any, information it releases from Snyder’s deposition.
Snyder is testifying a month after NFL Commissioner Roger Goodell appeared before the committee via Zoom to discuss Washington’s workplace culture and the league’s investigation into it. Snyder was invited to testify at the same hearing and, through a lawyer, declined.
The committee launched this investigation last year after the league fined Washington $10 million following its review of workplace misconduct but did not release a written report of attorney Beth Wilkinson’s findings.
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https://www.pilotonline.com/sports/national-sports/nfl/vp-nw-dan-snyder-congress-20220728-dbo6gfsdbnd43ol6zys5qbqswi-story.html
| 2022-07-28T13:37:42
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| 0.968324
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EMERGING MARKETS-Currencies, stocks rise as fear ebbs of aggressive Fed rate hikes
A surging dollar in recent weeks has sent emerging market (EM) currencies down 0.6% this month, while stocks have shed 0.5% on warning signs about growth amid intensifying risks of inflation and central banks' tightening moves. "(EM equity returns) are likely to remain volatile in the near-term due to continued uncertainty over the global growth outlook," said Regis Chatellier, director of EM strategy at Oxford Economics.
Currencies and stocks in emerging markets bounced on Thursday after the U.S. Federal Reserve struck a less hawkish tone than expected, while China's yuan was little changed after the country dropped mention of its GDP growth target at a key Politburo meeting.
Stocks jumped 0.6% amid a broad risk-on mood, while currencies firmed 0.2%. China will try hard to achieve the best possible results for the economy this year, state media said after a high-level meeting of the ruling Communist Party, dropping previous calls that it will strive to meet its 2022 growth target.
In the second half, China should "maintain economic operations within a reasonable range," Xinhua news agency reported. China's yuan trimmed some losses to firm 0.2% at 6.75 per dollar after earlier hitting a one-week high of 6.74.
"The 5.5% growth target has been de facto abandoned... Our interpretation of 'reasonable range' growth is associated with employment (new job creation, unemployment rate) and inflation targets," said JPMorgan researchers in a note. Meanwhile, struggling developer Evergrande Group is selling its Hong Kong headquarters via a tendering process that ended Thursday, a source said, and local developer CK Asset confirmed it has bid for it.
The battered bond market has just started to show signs of improvement in recent days as investors sense support is being pieced together. China will help property developers by issuing 1 trillion yuan ($148.2 billion) in loans for stalled developments as it tries to relieve pressure on the economy, according to the Financial Times.
Meanwhile, on Wednesday, in a widely anticipated move, the Fed lifted rates by 75 basis points (bps). Investors sensed a possible slowdown in the pace of hikes, sending the dollar to a three-week low. A surging dollar in recent weeks has sent emerging market (EM) currencies down 0.6% this month, while stocks have shed 0.5% on warning signs about growth amid intensifying risks of inflation and central banks' tightening moves.
"(EM equity returns) are likely to remain volatile in the near-term due to continued uncertainty over the global growth outlook," said Regis Chatellier, director of EM strategy at Oxford Economics. "However, elevated commodity prices, tightening cycles close to peaking, improved fiscal predicaments and increasing Chinese stimulus should support EM growth going forward."
Turkey's central bank raised its year-end annual inflation forecast to 60.4% from 42.8% three months ago, and lifted its end-2023 mid-point forecast to 19.2% from 12.9%, a presentation by Governor Sahap Kavcioglu showed. For GRAPHIC on emerging market FX performance in 2022, see http://tmsnrt.rs/2egbfVh For GRAPHIC on MSCI emerging index performance in 2022, see https://tmsnrt.rs/2OusNdX
For TOP NEWS across emerging markets For CENTRAL EUROPE market report, see
For TURKISH market report, see For RUSSIAN market report, see
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
ALSO READ
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China's H1 yuan-denominated exports rose 13.2% y/y, imports up 4.8%
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https://www.devdiscourse.com/article/business/2125557-emerging-markets-currencies-stocks-rise-as-fear-ebbs-of-aggressive-fed-rate-hikes
| 2022-07-28T13:37:42
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| 0.938505
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DALLAS, July 28, 2022 /PRNewswire/ -- NexPoint Real Estate Finance, Inc. ("NREF" or the "Company") (NYSE: NREF) today reported its financial results for the quarter ended June 30, 2022.
NREF reported net income of $8.5 million, or $0.34 per diluted share1, for the three months ended June 30, 2022, as compared to net income of $12.3 million, or $0.58 per diluted share, for the three months ended June 30, 2021.
NREF reported earnings available for distribution2 of $12.6 million, or $0.56 per diluted share1, for the three months ended June 30, 2022.
Matt McGraner, Chief Investment Officer of NREF, said "During Q2, NREF continued to deliver stable earnings and CAD, while generating more than $100 million of high-quality investments during a volatile capital markets environment. NREF will continue to deploy assets into investments in line with the Company's favorite real estate verticals – life science, self-storage, and workforce rental housing, all of which NREF believes should outperform amid this inflationary environment."
Second Quarter 2022 Highlights
- Outstanding total portfolio of $1.6 billion, composed of 75 investments3
- Single-family rental ("SFR"), multifamily, life sciences, and self-storage represent 44.2%, 53.7%, 1.7%, and 0.5% of the Company's debt portfolio, respectively
- Weighted-average loan to value ("LTV")4 and debt service coverage ratio ("DSCR") on our SFR, CMBS, CMBS IO strips, preferred, mezzanine, bridge loan, credit risk transfer and SFR-pass through certificate investments are 68.5% and 1.63x3, respectively
- As of July 27, 2022, there are no loans currently in forbearance in our portfolio
- During 2Q 2022, NREF purchased $8.0MM of preferred equity investments with a current yield of 10.5%
- On April 14, 2022, a $25.0MM convertible note converted into common stock in a private ground lease REIT
- On April 25, 2022, one single–family rental first mortgage loan with an aggregate principal amount of $6.1MM was repaid in full
- On May 2, 2022, NREF purchased a $40.7MM fixed rate Freddie Mac SB-Series B-Piece, with an estimated 7.9% yield
- On June 1, 2022, NREF purchase two single-family rental pass-through certificates with an aggregate $20.5MM in principal outstanding
- On June 9, 2022, NREF originated a $4.5MM mezzanine loan with a yield of SOFR + 1070bps
- Year-over-year changes of earnings per diluted share, earnings available for distribution per diluted share, cash available for distribution2 per diluted share and book value per combined share (common shares and noncontrolling interests) of -41.4%, 36.9%, 34.3% and 5.9%, respectively
- Today, NREF announced a third quarter 2022 dividend of $0.50 per common share
1 Weighted-average diluted shares outstanding assumes vesting of all outstanding unvested restricted stock units and the conversion of all redeemable non-controlling interests.
2 Earnings available for distribution and cash available for distribution are non-GAAP measures. For a discussion of why we consider these non-GAAP measures useful and reconciliations of earnings available for distribution and cash available for distribution to net income (loss) attributable to common stockholders, see the "Reconciliations of Non-GAAP Financial Measures" and "Non-GAAP Financial Measures" sections of this release.
3 As of July 27, 2022; CMBS B-Pieces reflected on an unconsolidated basis.
4 Loan to value is generally based on the initial loan amount divided by the as-is appraised value as of the date the loan was originated or by the current principal amount as of the date of the most recent as-is appraised value. For our CMBS B-Pieces, LTV is based on the weighted-average LTV of the underlying loan pool.
5 Net income attributable to common stockholders in 3Q 2022 is estimated to be between $5.9MM and $7.6MM. See reconciliations below.
Looking Ahead: Third Quarter 2022 Guidance
Earnings Available for Distribution
- 3Q 2022 EAD per diluted common share guidance is $0.445 at the midpoint
Cash Available for Distribution
- 3Q 2022 CAD per diluted common share guidance is $0.515 at the midpoint
Conference Call Details
The Company is scheduled to host a conference call on Thursday, July 28, 2022, at 1:00 p.m. ET (12:00 p.m. CT), to discuss second quarter 2022 financial results.
The conference call can be accessed live over the phone by dialing 888-220-8474 or, for international callers, +1 646-828-8193 and using passcode Conference ID: 5263678. A live audio webcast of the call will be available online at the Company's website, https://nref.nexpoint.com (under "Resources"). An online replay will be available shortly after the call on the Company's website and continue to be available for 60 days.
A replay of the conference call will also be available through Thursday, August 4, 2022, by dialing 888-203-1112 or, for international callers, +1 719-457-0820 and entering passcode 5263678.
For additional commentary and portfolio information, please view NREF's earning supplement, which was posted on the Company's website, http://nref.nexpoint.com.
Reconciliations of Non-GAAP Financial Measures
The following table provides a reconciliation of Earnings Available for Distribution and Cash Available for Distribution to GAAP net income attributable to common stockholders (in thousands, except per share amounts):
About NexPoint Real Estate Finance, Inc.
NexPoint Real Estate Finance, Inc., is a publicly traded REIT, with its shares listed on the New York Stock Exchange under the symbol "NREF" primarily focused on originating, structuring and investing in first mortgage loans, mezzanine loans, preferred equity and alternative structured financings in commercial real estate properties, as well as multifamily commercial mortgage-backed securities. More information about the Company is available at http://nref.nexpoint.com.
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 that are based on management's current expectations, assumptions and beliefs. Forward-looking statements can often be identified by words such as "anticipate", "estimate", "expect," "intend," "may", "should" and similar expressions, and variations or negatives of these words. These forward-looking statements include, but are not limited to, statements regarding the Company's business and industry in general, the Company's strategy to continue to invest in investments in its favorite verticals, which NREF believes should outperform amid this inflationary environment, estimated yields and third quarter 2022 guidance, including net income attributable to common stockholders, EAD and CAD. They are not guarantees of future results and forward-looking statements are subject to risks, uncertainties and assumptions that could cause actual results to differ materially from those expressed in any forward-looking statement, including the ultimate duration and severity of the COVID-19 pandemic, and the effectiveness of actions taken, or actions that may be taken, by governmental authorities to contain the outbreak or treat its impact, as well as those described in greater detail in our filings with the Securities and Exchange Commission, particularly those described in our Annual Report on Form 10-K and Quarterly Reports on Form 10-Q. Readers should not place undue reliance on any forward-looking statements and are encouraged to review the Company's Annual Report on Form 10-K and the Company's other filings with the SEC for a more complete discussion of risks and other factors that could affect any forward-looking statement. The statements made herein speak only as of the date of this press release and except as required by law, the Company does not undertake any obligation to publicly update or revise any forward-looking statements.
Non-GAAP Financial Measures
This press release contains non-GAAP financial measures. A "non-GAAP financial measure" is defined as a numerical measure of a company's financial performance that excludes or includes amounts so as to be different than the most directly comparable measure calculated and presented in accordance with GAAP in the statements of income, balance sheets or statements of cash flows of the Company. The non-GAAP financial measures used within this press release are earnings available for distribution ("EAD") and cash available for distribution ("CAD").
EAD is defined as net income (loss) attributable to our common stockholders computed in accordance with GAAP, including net income (loss) attributable to non-controlling interests and realized gains and losses not otherwise included in net income (loss), excluding any unrealized gains or losses or other similar non-cash items that are included in net income (loss) for the applicable reporting period, regardless of whether such items are included in other comprehensive income (loss), or in net income (loss) and adding back amortization of stock-based compensation. We use EAD to evaluate our performance which excludes the effects of certain GAAP adjustments and transactions that we believe are not indicative of our current operations and to assess our long-term ability to pay distributions. We believe providing EAD as a supplement to GAAP net income (loss) to our investors is helpful to their assessment of our performance and our long-term ability to pay distributions. We also use EAD as a component of the management fee paid to our manager. EAD does not represent net income or cash flows from operating activities and should not be considered as an alternative to GAAP net income, an indication of our GAAP cash flows from operating activities, a measure of our liquidity or an indication of funds available for our cash needs. Our computation of EAD may not be comparable to EAD reported by other REITs.
We calculate CAD by adjusting EAD by adding back amortization of premiums, amortization and depreciation and amortization of deferred financing costs and by removing accretion of discounts and non-cash items, such as stock dividends. We use CAD to evaluate our performance and our current ability to pay distributions. We also believe that providing CAD as a supplement to GAAP net income (loss) to our investors is helpful to their assessment of our performance and our current ability to pay distributions. CAD does not represent net income or cash flows from operating activities and should not be considered as an alternative to GAAP net income, an indication of our GAAP cash flows from operating activities, a measure of our liquidity or an indication of funds available for our cash needs. Our computation of CAD may not be comparable to CAD reported by other REITs.
Contact:
Jackie Graham
Director, Investor Relations
JGraham@nexpoint.com
Media: MediaRelations@nexpoint.com
View original content to download multimedia:
SOURCE NexPoint Real Estate Finance, Inc.
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https://www.wlbt.com/prnewswire/2022/07/28/nref-announces-second-quarter-2022-results-provides-third-quarter-2022-guidance/
| 2022-07-28T13:37:42
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en
| 0.940898
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You need to enable JavaScript to run this app.
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https://sportspyder.com/mlb/chicago-cubs/articles/40206900
| 2022-07-28T13:37:45
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en
| 0.738227
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Local forecasters are expecting dangerously high heat in Hampton Roads Thursday and Friday.
Heat index values of up to 109ºF are expected in northeast North Carolina, while most of Hampton Roads will see heat indices between 105ºF and 108ºF.
The National Weather Service’s Wakefield office has put a Heat Advisory in place from noon to 8 p.m. today. High heat will continue Friday, but things will cool down to the mid 80s for the weekend, according to NWS.
Temperatures will stay above 90ºF from about 11 a.m. to 7 p.m. Thursday and Friday, but combined with high humidity during these periods it will feel much hotter.
Scattered showers and storms are possible in Hampton Roads over the next 72 hours, the forecast shows, with rainfall totals of 0.5-1 inches near the coast. There is a “marginal risk” of thunderstorms Friday over the entire commonwealth, meaning there is the threat of damaging winds and heavy rain during the strongest storms.
NWS advises that Hampton Roads residents drink plenty of fluids, stay in air-conditioned rooms, stay out of the sun and check in on relatives and neighbors to prevent heat illness. Additionally, those working outside should schedule that work during the cooler periods, and take frequent breaks if you must work during the heat of the day.
Call 9-1-1 if someone is experiencing signs of heat stroke.
Gavin Stone, gavin.stone@virginiamedia.com
|
https://www.pilotonline.com/weather/vp-nw-hampton-roads-heat-advisory-20220728-x4aqeual6bdfjlybuifwdr37ku-story.html
| 2022-07-28T13:37:48
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en
| 0.953658
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OpenText marks fifth year as market leader underpinned by investments in AI, content services and customer data platforms to drive Customer Experience Management (CXM) integration
WATERLOO, ON, July 28, 2022 /PRNewswire/ -- OpenText™ (NASDAQ: OTEX), (TSX: OTEX), today announced OpenText Experience Platform for Communications solution has been recognized as a Leader in the 2022 Aspire Leaderboard™ for Communications Experience Platform (CXP). Additionally, OpenText market leading Customer Communications Management (CCM) product, OpenText Exstream, has been named a leader in AnyPrem CCM Software. This is the fifth year OpenText™ has been named a leader on the Aspire Leaderboard.
According to Aspire, "OpenText™ is increasingly positioning itself as a vendor offering a best-of-suite platform in the converging CCM-CXM space. As businesses begin searching for ways to holistically manage communications and digital experiences across the entire customer lifecycle, OpenText™ – with its wide range of capabilities – is in an excellent position to capitalize on this growing market demand. Through integration with Google BigQuery and Analytics, it offers advanced data capabilities that combine with its leading CCM and Experience Cloud solutions to provide a good foundation for companies looking to manage critical communications, customer service communications, and marketing interactions in a single environment."
"The customer communications management market is changing – there's an increasing need for personalization to drive digital experiences at scale," said Sandy Ono, Executive Vice President and Chief Marketing Officer, OpenText™. "OpenText™ is continuing to innovate in solutions that intrinsically evolve CCM to meet a broader need for customer experience management to deliver the holistic, highly personalized customer communications today's market demands."
OpenText™ Experience Cloud improves customer experience by allowing customers to access real-time first-party data and automatically deliver a personalized experience that optimizes and enhances the customers' journey. As a key component of this solution, OpenText Exstream powers data modernization, enabling organizations to bring together relevant, personalized and insightful data-driven communications with digital experiences in the form of customer-preferred delivery channels and formats.
"OpenText™ is actively driving integrated CCM/CXM platform development, offering data-driven communications and digital experiences, underpinned by investments in AI, content services and customer data platforms," said Kaspar Roos, founder and CEO of Aspire. "With its accelerated shift to the cloud, redesigned interfaces for the majority of its CCM (and CXM) products, deeper integration, and a greater focus on AI, we believe OpenText™ is prepared to continue shaping the CCM market in the years ahead."
Access The Aspire Leaderboard™ here.
Aspire Disclaimer The Aspire Leaderboard™ is copyrighted by Aspire Customer Communications Services Ltd. and is based on the findings and opinions of Aspire's consultancy organization. Aspire does not endorse any vendor, product or service included in the Aspire Leaderboard. For tailored RFP support please contact the Aspire team here.
Aspire Customer Communications Services is a boutique consulting firm specializing in the Customer Communications Management (CCM), Customer Experience Management (CXM), and Customer Journey Management (CJM) industries. Through deep market expertise and global insights, Aspire works with Software, Services and Solution providers, and Business Advisories and Private Equity Firms to help them achieve their CCM goals. Find more information about how Aspire is helping organizations navigate the complexities of the customer communications world at http://www.aspireccs.com.
OpenText, The Information Company™, enables organizations to gain insight through market leading information management solutions, powered by OpenText Cloud Editions. For more information about OpenText (NASDAQ: OTEX, TSX: OTEX) visit opentext.com.
OpenText CEO Mark Barrenechea's blog
Twitter | LinkedIn
Certain statements in this press release may contain words considered forward-looking statements or information under applicable securities laws. These statements are based on OpenText's current expectations, estimates, forecasts and projections about the operating environment, economies and markets in which the company operates. These statements are subject to important assumptions, risks and uncertainties that are difficult to predict, and the actual outcome may be materially different. OpenText's assumptions, although considered reasonable by the company at the date of this press release, may prove to be inaccurate and consequently its actual results could differ materially from the expectations set out herein. For additional information with respect to risks and other factors which could occur, see OpenText's Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other securities filings with the SEC and other securities regulators. Unless otherwise required by applicable securities laws, OpenText disclaims any intention or obligations to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Copyright © 2022 OpenText. All Rights Reserved. Trademarks owned by OpenText. One or more patents may cover this product(s). For more information, please visit https://www.opentext.com/patents.
OTEX-G
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https://www.wlbt.com/prnewswire/2022/07/28/opentext-recognized-leader-2022-aspire-ccm-cxm-leaderboard-communications-experience-platform-anyprem-ccm-software/
| 2022-07-28T13:37:49
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| 0.906275
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Olectra Greentech net profit jumps multifold to Rs 18.8 cr in Jun qtr
- Country:
- India
Electric mobility company Olectra Greentech on Thursday posted a multi-fold jump year-on-year in its net profit to Rs 18.8 crore for the June quarter, mainly on the back of higher revenues.
Olectra had reported a net profit of Rs 2 crore in the quarter ended June 30, 2021, the company said in a statement.
Its total recorded revenue from operations in the quarter rose to Rs 304.7 crore from Rs 41.2 crore a year ago.
According to the company statement, significant revenue growth of 640 per cent was mainly due to the supply of 169 electric buses during the June quarter against only 11 buses delivered in the first quarter of 2021-22.
KV Pradeep, Chairman and Managing Director of the company, said, ''As we ramped up the e-bus manufacturing, the deliveries increased to a record level of 169. We have increased the deliveries to various STUs (state transport undertakings), and we will honour the delivery schedules''.
Olectra Greentech is a group company of Megha Engineering & Infrastructures Limited (MEIL).
Established in 2000, Olectra manufactures electric buses in India.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Olectra
- MEIL
- Olectra Greentech
- India
- Megha Engineering & Infrastructures
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https://www.devdiscourse.com/article/business/2125563-olectra-greentech-net-profit-jumps-multifold-to-rs-188-cr-in-jun-qtr
| 2022-07-28T13:37:50
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en
| 0.948515
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You need to enable JavaScript to run this app.
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https://sportspyder.com/mlb/chicago-cubs/articles/40207271
| 2022-07-28T13:37:51
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en
| 0.738227
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You need to enable JavaScript to run this app.
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https://sportspyder.com/mlb/chicago-cubs/articles/40207326
| 2022-07-28T13:37:57
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en
| 0.738227
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SAN JOSE, Calif., July 28, 2022 /PRNewswire/ -- OptraSCAN® a leading end-to-end digital pathology solution provider, announced that it has received CE-IVDR marking for the OS-Ultra™ scanners, its high-performance product line of brightfield scanners at an extremely affordable price point, including pay-per-scan based OPEX models.
OS Ultra™ scanners have a loading capacity of 80 to 480 slides. With no-touch continuous loading, it scans tissues or cells with a 15 mm x 15 mm area at 40x magnification in less than 60 seconds. They produce high-resolution images that can be analyzed further with the help of OptraSCAN's artificial intelligence-based software. This platform is capable of scanning histopathology and cytopathology slides. In addition, it can be configured with 5 to 11 layers for volume scanning or viewed as composite, single layer, fully focused image.
The tray and basket system used by OS-Ultra™ scanners are designed to efficiently transfer and position slides for scanning and prevent slide handling mistakes. For organizations seeking to scale up operations by increasing throughput, OS Ultra™ is an efficient, consistent, and accurate solution.
OptraSCAN's full digital pathology solutions include scanning devices, image management and viewing software, telepathology software, and image analysis solutions for biomarker and morphometry.
"The CE-IVDR mark will enhance the acceptability of OS-Ultra™ systems across the globe and strengthen OptraSCAN's mission to improve patient outcomes with affordable and easy to implement digital pathology solutions," said Abhi Gholap, Founder CEO of OptraSCAN. "With 250% growth in our year-to-year global sales revenues, OptraSCAN is a preferred vendor of many small to large laboratories, clinics, and hospitals worldwide," he further added.
Chairman of pathology at Stanford, University of British Columbia, Duke Medical, UCSF, and Yale are advisors and mentors to OptraSCAN teams.
For scheduling demo, please get in touch at ultra@optrascan.com
About OptraSCAN, Inc:
OptraSCAN® are pioneers in the On-Demand Digital Pathology® System, focused on delivering fully integrated, affordable solutions that will maximize your return on investment and improve the performance of your pathology services. An ISO 13485 certified company and CE marked whole slide scanners for IVD use, OptraSCAN is working to eliminate the barriers to "Go Digital" no matter the size of the pathology lab, the lab's throughput, or global location.
OptraSCAN's end-to-end digital pathology solution provides effective acquisition of whole slide images, viewing, storing, real-time sharing, reporting and AI & ML based Image analysis solutions via On-Demand or outright purchase model. Follow Us on LinkedIn and Twitter.
Media Inquiries Contact:
Arnol Rios | Director of Sales, | +1 (408) 524 5300 | M +1 (781) 975 4623
Email: arnol@optraventures.com
OptraSCAN® is an ISO13485 certified company.
OptraSCAN® whole slide scanners are CE marked for IVDR use.
OptraSCAN Systems are for research use only in North America.
Please contact info@optrascan.com for more information.
OptraSCAN Inc.
1798 Technology Drive, Suite 1794, San Jose, CA 95110, USA.
Tel: +1-408-524-5300
OptraSCAN India Private Limited
4th Floor, Office No. 401, 10C Pramila Laxman Complex, Sadhu Vaswani Road,
Pune, Maharashtra 411001
Tel: 020 67696600
Photo: https://mma.prnewswire.com/media/1868149/OS___Ultra.jpg
Logo: https://mma.prnewswire.com/media/1517923/Optra_Scan_Logo.jpg
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https://www.wlbt.com/prnewswire/2022/07/28/optrascan-receives-ce-ivdr-os-ultra-high-performance-digital-pathology-system/
| 2022-07-28T13:37:56
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en
| 0.874806
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NAM India quarterly profit falls 37 pc to Rs 114 crore
- Country:
- India
Nippon Life India Asset Management (NAM India) on Thursday reported a 37 per cent decline in profit after tax at Rs 114.1 crore for three months ended June.
In comparison, the asset management company had posted a Profit After Tax (PAT) of Rs 181.5 crore in the year-ago period, NAM India said in a regulatory filing.
The company's total income declined 19 per cent to Rs 299.37 crore in the quarter under review. It stood at Rs 369.2 crore in the same period preceding fiscal.
Sundeep Sikka, CEO NAM India, said, ''domestic economy as well as the mutual fund industry were impacted in Q1 due to macro headwinds''.
NAM India is the asset manager of Nippon India Mutual Fund (NIMF).
As on June 30, 2022, NAM India's assets under management was Rs 3.31 lakh crore, including NIMF's asset base of Rs 2.79 lakh crore.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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https://www.devdiscourse.com/article/business/2125570-nam-india-quarterly-profit-falls-37-pc-to-rs-114-crore
| 2022-07-28T13:37:57
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en
| 0.950872
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The all-new oven-baked pasta line features four new recipes: Chicken Alfredo, Italian Meats, Cheesy Alfredo and Veggie
PLANO, Texas, July 28, 2022 /PRNewswire/ -- Pizza Hut, known for being the pizza lovers' pizza, is now just as much for pasta lovers with the introduction of its new Oven-Baked Pastas. The new pasta line marks the first time Pizza Hut has not only expanded the pasta lineup to offer even more delicious variety but has also completely revamped their pasta offering to include more premium ingredients and savory sauces. Starting today, the all-new Oven-Baked Pastas are available on menus nationwide starting at $8.99 for one or double the fun by trying "Family Pasta Pairs," any two recipes starting at $13.99.
Whether grabbing a meal for yourself or settling in with a companion for the newest season of your favorite show, the new pastas featuring penne noodles, sweet tomato or creamy alfredo sauces, and a rich dusting of parmesan-oregano seasoning are the perfect order for any palate and occasion.
All Oven-Baked Pastas include breadsticks or garlic bread, where available- in case of "luckily-I-have-leftover-sauce" cleanups, come in four distinct recipes that cater to any flavor preference and are finished with a NEW and irresistible parmesan oregano topping:
- Chicken Alfredo: You can't go wrong with this classic combination of NEW creamy Alfredo sauce, grilled chicken, and oven-baked cheese.
- Italian Meats: Fill up on this savory new recipe that's packed with sweet tomato sauce, pepperoni, Italian sausage and of course, cheese.
- Cheesy Alfredo: A cheese lover's dream featuring a NEW creamy Alfredo sauce and two layers of cheese with baked-fresh parmesan on top.
- Veggie: A flavorful combo of sweet tomato sauce, green peppers, onions, tomatoes, black olives and oven-baked cheese.
"Customers come to Pizza Hut for best tasting pizza and new pizza innovations, but we now have pastas that are premium, great tasting and affordable for you or your family" said Lindsay Morgan, Chief Marketing Officer, Pizza Hut. "These are my new go-to order when I'm sending lunch or dinner to friends or family."
The introduction of the new, elevated Oven-Baked Pastas is the biggest pasta innovation to hit Pizza Hut menus in the last 20 years, since Tuscani® pasta was introduced in 2003. The all-new pasta line will be replacing the rotini based Tuscani on menus nationwide.
All Oven-Baked Pasta recipes are available now at participating Pizza Hut locations nationwide for contactless delivery, carryout, curbside and Hut Lane pickup. Click here to find your nearest Pizza Hut location. Product availability, prices, participation, availability of contactless, curbside, The Hut Lane™ and delivery areas, charges and minimums vary. Delivery charge is not a driver tip.
Pizza Hut, a subsidiary of Yum! Brands, Inc. (NYSE: YUM), has more restaurant locations in the world than any other pizza company. Founded in 1958 in Wichita, Kan., Pizza Hut operates nearly 18,000 restaurants in more than 100 countries. With easy order options including the Pizza Hut mobile app, website, and Amazon and Google devices, Pizza Hut is committed to providing an easy pizza experience – from order to delivery – and has Hut Rewards®, the Pizza Hut loyalty program that offers points for every dollar spent on food any way you order.
Now more than ever, restaurants have an important role in helping to safely feed families. As the largest pizza brand in the world by store count, Pizza Hut is committed to doing its part. To help keep team members and customers safe, customers can get their favorite Pizza Hut pizza via three contactless offerings: curbside pickup, delivery, or carryout. After becoming the first national pizza brand to offer contactless curbside pickup, Pizza Hut launched The Hut Lane™, a dedicated digital order pick-up window available at more than 1,500 locations across the country.
Pizza Hut is the creator of The BOOK IT! Program, which is the nation's longest running corporate supported literacy program. Building on that legacy, the program's BOOK IT! in the Community Initiative is designed to enable access to books and education resources, empower teachers and inspire a lifelong love of reading. The program is rooted in the foundation set by the Pizza Hut BOOK IT! Program which impacts more than 14 million students each year.
Pizza Hut is the Official and Only Pizza Sponsor of the NCAA®.
For more information about Pizza Hut, visit www.pizzahut.com or http://www.pizzahut.com/c/content/sitemap
Contact:
Brett LeVecchio, Pizza Hut
972.338.6730 / Brett.LeVecchio@yum.com
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| 2022-07-28T13:38:03
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DHFL scam: FN Souza, SH Raza's paintings among Rs 12 cr assets seized by CBI
- Country:
- India
The CBI has recovered paintings of Indian maestros FN Souza and SH Raza worth Rs 5.50 crore during a fresh round of searches related to India's biggest bank fraud involving DHFL, officials said.
SH Raza's 1956 oil-on-canvas painting titled 'Village' worth over Rs 3.50 crore and FN Souza's 1964-untitled oil-on-linen piece valued at Rs 2 crore were among the luxurious items worth Rs 12 crore seized by the agency, they said.
The central agency has also seized two uber-luxury watches of Jacob and Co and Frank Muller Geneve totalling about Rs 5 crore during searches, it said in a statement.
The CBI is conducting custodial interrogation of former CMD of DHFL Kapil Wadhawan and Director Dheeraj Wadhawan for the last nine days during which it emerged that they had purchased these paintings from a noted art auction house at Fort in Mumbai, the officials said.
After coming to know where these items were kept, the CBI conducted searches and seized the assets, they said.
According to officials, the CBI also recovered gold and diamond jewellery, including bangles and necklaces, estimated to be worth Rs 2 crore.
Nearly 20 days ago, the CBI recovered Tyeb Mehta's painting 'Bull' worth over Rs 27 crore and an untitled piece by Manjit Bawa estimated to be valued at over Rs 7.7 crore.
Mehta and Bawa's pieces were among a large number of paintings and sculptures, altogether valued at Rs 40 crore, cash and incriminating documents seized, the CBI had said in a statement.
''During the investigation, it was found the promoters had allegedly diverted the funds and made investments in various entities. It was also alleged that the promoters had acquired expensive paintings and sculptures using the diverted funds,'' it had said.
The federal probe agency had booked Dewan Housing Finance Ltd, the Wadhawan brothers and others on June 20 in a bank fraud case worth Rs 34,615 crore, making it the biggest such case probed by the agency, officials said.
It was alleged that they had cheated a consortium of 17 banks led by Union Bank of India by siphoning off Rs 34,615 crore bank loans by diverting them using falsified account books of DHFL.
They allegedly used shell companies and a parallel accounting system known as 'Bandra Books' to siphon off public funds in DHFL by disbursing money to fictitious entities as retail loans.
The agency acted on a complaint from Union Bank of India, the leading bank of the consortium which had extended credit facilities to the tune of Rs 42,871 crore to DHFL between 2010 and 2018.
The bank has alleged that the Wadhawans in criminal conspiracy with others misrepresented and concealed facts, and committed a criminal breach of trust to cheat the consortium by defaulting on loan repayments from May 2019 onwards.
The audit of DHFL account books showed that the company allegedly committed financial irregularities, diverted funds, fabricated books, and round-tripped funds to ''create assets for Kapil and Dheeraj Wadhawan'' using public money.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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https://www.devdiscourse.com/article/business/2125574-dhfl-scam-fn-souza-sh-razas-paintings-among-rs-12-cr-assets-seized-by-cbi
| 2022-07-28T13:38:05
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| 0.975681
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More than 200 Custom-Curated Voyages Departing from More Homeports than Ever Before, Visiting Spectacular Destinations throughout the California Coast, Mexico, Hawaii, Tahiti, the Caribbean and Panama Canal
SANTA CLARITA, Calif., July 28, 2022 /PRNewswire/ -- Princess Cruises today announced its most expansive Americas schedule ever with 47 itineraries across 214 departures from seven convenient North American homeports, highlighted by new voyages to the South Pacific and Hawaii.
New for the 2023-24 season are Sapphire Princess' two South Pacific Islands & Hawaii cruises roundtrip from Los Angeles featuring "More Ashore" late-night stays in Honolulu and Tahiti, and for the first time ever visiting Fiji, along with a pair of Hawaii cruises with overnight stays in Honolulu on Discovery Princess – the ship's first-ever sailings to the Aloha State. Princess will also sail again from Galveston with a series of voyages on Regal Princess providing consumers with hassle-free drive or fly options for enjoying the sun-splashed islands of the Western Caribbean.
In addition to sailing from Galveston, the 2023-24 Americas program will offer consumers a broad spectrum of departure points for roundtrip cruises including Los Angeles, Ft. Lauderdale, San Francisco, Seattle, and Vancouver, as well as one open-jaw departure from New York, making it easier than ever to create memorable cruise vacations to sought-after destinations with just a short drive or domestic flight.
With the new program, vacationers have even more opportunities to visit iconic destinations along the California Coast, the flavorful cruising of Mexico, the laid-back vibe of Hawaii and Tahiti, tropical Caribbean shores, and the engineering marvel of the Panama Canal, which complement the line's vast array of itinerary choices featuring two- to 111-day voyages to Alaska, Europe, South America, Australia/New Zealand, Asia, Canada/New England, and all around the globe on World Cruises.
"No one can match our unique combination of unparalleled itinerary choices with the authentic, personalized MedallionClass experience that makes a Princess cruise so special and memorable. So whether you're looking for a quick Caribbean getaway or a 'bucket list' trip to the South Pacific – or anything in between – Princess has got you covered," said John Padgett, president of Princess Cruises.
Princess' 2023-24 destination highlights and deployments include:
Hawaii & Tahiti (Crown Princess, Diamond Princess, Discovery Princess, Emerald Princess, Ruby Princess and Sapphire Princess)
- 17 destinations, including four Hawaiian Islands and six South Pacific Islands
- 18 departures on five itineraries, ranging in length from 15 to 32 days, sailing from Los Angeles, San Francisco, Seattle, and Vancouver:
The Caribbean (Caribbean Princess, Emerald Princess, Enchanted Princess, Island Princess, Regal Princess, Ruby Princess, and Sky Princess)
- 126 departures on 18 itineraries, ranging in length from five to 21 days, sailing roundtrip from Ft. Lauderdale and Galveston
- 25 Caribbean islands, including Cozumel, Grand Cayman, St. Kitts, St. Thomas, Grand Turk and Princess Cays, the cruise line's private island resort
- "More Ashore" late-night stays in Aruba, Bonaire, Curacao, San Juan, St. Maarten and St. Thomas on select itineraries
Mexico (Crown Princess, Diamond Princess and Discovery Princess)
- 8 destinations, including Cabo San Lucas, Puerto Vallarta, Manzanillo, La Paz, and Loreto
- 24 departures on five unique itineraries, from five to 10 days, sailing from Los Angeles and San Francisco:
- "More Ashore" overnight stays in Cabo San Lucas are featured on every five-day Cabo San Lucas Getaway cruise.
California Coast (Crown Princess, Discovery Princess (newest ship) Grand Princess, Ruby Princess and Sapphire Princess)
- 11 destinations in three countries, including six destinations in California: Santa Barbara, San Francisco, Monterey, Catalina Island, San Diego, and Ensenada
- 25 total departures on 13 unique itineraries from three to 11 days, sailing from Los Angeles, San Francisco, Seattle, and Vancouver:
- Select itineraries feature "More Ashore" late-night stays in San Francisco, San Diego, Seattle, Victoria and Vancouver.
Panama Canal (Emerald Princess, Island Princess and Ruby Princess)
- Two ways to see the Panama Canal: Roundtrip from Ft. Lauderdale (partial transit) or ocean-to-ocean (full transit) between Ft. Lauderdale and Los Angeles or San Francisco
- 18 destinations, including Falmouth, Fuerte Amador (Panama), Cartagena and Puntarenas (Costa Rica)
- 23 departures on six itineraries, ranging from 10- to 15-days
Princess MedallionClass Vacations
Princess delivers Princess MedallionClass Vacations which begins with the Medallion® wearable, a quarter-sized, device that enables everything from expedited contactless boarding to locating loved ones anywhere on the ship, as well as enhanced service like having whatever guests need, delivered directly to them, wherever they are on the ship. In addition, guests can share their favorite cruise moments using MedallionNet, the best Wi-Fi at sea, as well as stay connected with friends and family back home, work remotely anywhere on the ship, quickly post content and stream favorite movies and shows.
Additional information about Princess Cruises is available through a professional travel advisor, by calling 1-800-PRINCESS (1-800-774-6237), or by visiting the company's website at http://www.princess.com/.
About Princess Cruises
One of the best-known names in cruising, Princess Cruises is the world's leading international premium cruise line and tour company operating a fleet of 15 modern cruise ships, carrying millions of guests each year to 330 destinations around the globe, including the Caribbean, Alaska, Panama Canal, Mexican Riviera, Europe, South America, Australia/New Zealand, the South Pacific, Hawaii, Asia, Canada/New England, Antarctica, and World Cruises. A team of professional destination experts have curated 170 itineraries, ranging in length from three to 111 days and Princess Cruises is continuously recognized as "Best Cruise Line for Itineraries." In 2017 Princess Cruises, with parent company Carnival Corporation, introduced MedallionClass Vacations enabled by the Medallion device, the vacation industry's most advanced wearable device, provided free to each guest sailing on a MedallionClass ship. The award-winning innovation offers the fastest way to an effortless personalized vacation, giving guests more time to do the things they love most. The company is part of Carnival Corporation & plc (NYSE/LSE: CCL; NYSE:CUK).
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| 2022-07-28T13:38:11
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WRAPUP 2-U.S. economy contracts again in second quarter; jobless claims fall
The U.S. economy contracted again in the second quarter amid aggressive monetary policy tightening from the Federal Reserve to combat high inflation, which could fan financial market fears that the economy was already in recession. Economists polled by Reuters had forecast GDP rebounding at a 0.5% rate. Estimates ranged from as low as a 2.1% rate of contraction to as high as a 2.0% growth pace.
- Country:
- United States
The U.S. economy contracted again in the second quarter amid aggressive monetary policy tightening from the Federal Reserve to combat high inflation, which could fan financial market fears that the economy was already in recession. Gross domestic product fell at a 0.9% annualized rate last quarter, the Commerce Department said in its advance estimate of GDP on Thursday. Economists polled by Reuters had forecast GDP rebounding at a 0.5% rate.
Estimates ranged from as low as a 2.1% rate of contraction to as high as a 2.0% growth pace. The economy contracted at a 1.6% pace in the first quarter. The second straight quarterly decline in GDP meets the standard definition of a recession.
But the National Bureau of Economic Research, the official arbiter of recessions in the United States defines a recession as "a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in production, employment, real income, and other indicators." Job growth averaged 456,700 per month in the first half of the year, which is generating strong wage gains. Still, the risks of a downturn have increased. Homebuilding and house sales have weakened while business and consumer sentiment have softened in recent months.
The White House is vigorously pushing back against the recession chatter as it seeks to calm voters ahead of the Nov. 8 midterm elections that will decide whether President Joe Biden's Democratic Party retains control of the U.S. Congress. Treasury Secretary Janet Yellen is scheduled to hold a news conference on Thursday to "discuss the state of the U.S. economy." While labor market remains tight, there are signs it is losing steam.
A separate report from the Labor Department on Thursday showed initial claims for state unemployment benefits decreased 5,000 to a seasonally adjusted 256,000 for the week ended July 23. Economists polled by Reuters had forecast 253,000 applications for the latest week. Jobless claims remain below the 270,000-350,000 range that economists say would signal an increase in the unemployment rate. Slowing economic growth could, however, encourage the Fed to step back from hefty interest rate increases, though much would depend on the path of inflation, which is way above the U.S. central bank's 2% target.
The Fed on Wednesday raised its policy rate by another three-quarter of a percentage point, bringing the total interest rate hikes since March to 225 basis points. Fed Chair Jerome Powell acknowledged the softening economic activity as a result of tighter monetary policy.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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https://www.devdiscourse.com/article/business/2125577-wrapup-2-us-economy-contracts-again-in-second-quarter-jobless-claims-fall
| 2022-07-28T13:38:13
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| 0.960915
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SEATTLE, July 28, 2022 /PRNewswire/ -- RealNetworks, Inc. (Nasdaq: RNWK) announced today it has signed a definitive agreement with the Company's founder, Chairman and CEO, Robert D. Glaser, pursuant to which the Company will merge with and into Greater Heights LLC, an affiliate of Mr. Glaser, and each outstanding share of common stock of the Company will be converted into the right to receive cash consideration of $0.73 per share. Mr. Glaser, together with his affiliates, currently owns approximately 39% of the outstanding shares of RealNetworks's stock. The merger consideration represents a 55% premium to the Company's closing stock price on the last trading day prior to announcement of Mr. Glaser's proposal to acquire the Company.
The Merger Agreement and the merger has been approved by the Company's Board of Directors, based on the recommendation of a Special Committee of the Board consisting exclusively of independent directors. The Company's shareholders will be asked to vote upon the adoption of the Merger Agreement and approval of the merger at a shareholders meeting called for such purpose on a date to be announced. The closing of the transaction is conditioned upon the approval of a majority of the shares not owned by Mr. Glaser and his affiliates. The parties anticipate the transaction will close in the fourth quarter.
"I founded RealNetworks 28 years ago because I believed that the Internet represented a once-in-a-generation transformational opportunity for digital media," said Glaser. "I believe that Machine Learning-based Artificial Intelligence represents a similar transformational opportunity today, albeit one that will also take time and resources to fully realize. I'm happy that the RealNetworks Board and I could reach agreement on a path to pursue that transformation with focus, efficiency, and speed by turning Real back into a private company, and in a way that is fair to all shareholders."
Bruce Jaffe, the Chairman of the Special Committee, said, "The Special Committee is very pleased to have completed a thorough process that has resulted in a transaction with Rob that we believe provides immediate liquidity and compelling value to the public shareholders of RealNetworks without the risk of future performance and securing working capital in this economic climate."
Houlihan Lokey is acting as independent financial advisor and King & Spalding LLP is acting as independent legal counsel to the Special Committee in connection with the transaction. Wilson Sonsini Goodrich & Rosati P. C. is acting as legal counsel to the Company.
Imperial Capital is acting as financial advisor and DLA Piper LLP (US) is acting as legal counsel to Mr. Glaser.
RealNetworks, its directors and certain executive officers are participants in the solicitation of proxies from stockholders in connection with the pending acquisition of RealNetworks (the "Transaction"). RealNetworks plans to file a proxy statement (the "Transaction Proxy Statement") with the Securities and Exchange Commission (the "SEC") in connection with the solicitation of proxies to approve the Transaction. Additional information regarding such participants, including their direct or indirect interests, by security holdings or otherwise, will be included in the Transaction Proxy Statement and other relevant documents to be filed with the SEC in connection with the Transaction. Information relating to the foregoing can also be found in RealNetworks's definitive proxy statement for its 2021 Annual Meeting of Stockholders (the "2021 Proxy Statement"), which was filed with the SEC on October 29, 2021. To the extent that holdings of RealNetworks's securities have changed since the amounts printed in the 2021 Proxy Statement, such changes have been or will be reflected on Statements of Change in Ownership on Form 4 filed with the SEC. Promptly after filing the definitive Transaction Proxy Statement with the SEC, RealNetworks will mail the definitive Transaction Proxy Statement to each stockholder entitled to vote at the special meeting to consider the Transaction. STOCKHOLDERS ARE URGED TO READ THE TRANSACTION PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND ANY OTHER RELEVANT DOCUMENTS THAT REALNETWORKS WILL FILE WITH THE SEC WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. Stockholders may obtain, free of charge, the preliminary and definitive versions of the Transaction Proxy Statement, any amendments or supplements thereto, and any other relevant documents filed by RealNetworks with the SEC in connection with the Transaction at the SEC's website (http://www.sec.gov). Copies of RealNetworks's definitive Transaction Proxy Statement, any amendments or supplements thereto, and any other relevant documents filed by RealNetworks with the SEC in connection with the Transaction will also be available, free of charge, from RealNetworks's website at www.realnetworks.com.
This press release contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, which provides a "safe harbor" for such statements in certain circumstances. The forward-looking statements include statements or expectations regarding timing of the closing of the Transaction, considerations taken into account by the Board of Directors of RealNetworks in approving the Transaction and expectations for RealNetworks following the closing of the Transaction. These statements are based upon current expectations, beliefs and assumptions of RealNetworks management, and there can be no assurance that such expectations will prove to be correct. Because forward-looking statements involve risks and uncertainties and speak only as of the date on which they are made, actual events could differ materially from those discussed in the forward-looking statements as a result of various factors, including but not limited to the possibility that the conditions to the closing of the Transaction are not satisfied, including the risk that required stockholder approval for the Transaction is not obtained, potential litigation relating to the Transaction, uncertainties as to the timing of the consummation of the Transaction, the ability of each party to consummate the Transaction, risks relating to the substantial costs and diversion of personnel's attention and resources due to these matters and other factors discussed in greater detail in RealNetworks's filings with the SEC. You are cautioned not to place undue reliance on such statements and to consult RealNetworks's most recent Annual Report on Form 10-K and other filings with the SEC for additional risks and uncertainties that may apply to RealNetworks's business and the ownership of RealNetworks's securities. The forward-looking statements are presented as of the date made, and RealNetworks does not undertake any duty to update any forward-looking statements, whether as a result of new information, future events, or otherwise.
Building on a rich history of digital media expertise and innovation, RealNetworks has created a new generation of products that employ best-in-class artificial intelligence and machine learning to enhance and secure our daily lives. Real's portfolio includes SAFR, the world's premier computer vision platform for live video, KONTXT, an industry leading NLP (Natural Language Processing) platform for text and multi-media analysis, and leveraging its digital media expertise, a mobile games business focused on the large free-to-play segment. For information about all of our products, visit www.realnetworks.com.
RealNetworks is a registered trademark of RealNetworks, Inc. All other trademarks, names of actual companies and products mentioned herein are the property of their respective owners.
Contacts:
Brian M. Prenoveau, CFA
MZ North America
561-489-5315
ir@realnetworks.com
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| 2022-07-28T13:38:18
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| 0.935123
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US STOCKS SNAPSHOT-Futures extend losses as U.S. economy contracts in second quarter
- Country:
- United States
U.S. stock index futures extended losses on Thursday after an early reading showed the U.S. economic growth contracted in the second quarter, adding to market fears that the economy was already in recession.
At 08:35 a.m. ET, Dow e-minis were down 70 points, or 0.22%, S&P 500 e-minis were down 7.5 points, or 0.19%, and Nasdaq 100 e-minis were down 47.25 points, or 0.37%.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- U.S.
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| 2022-07-28T13:38:21
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| 0.964452
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Design collaboration increases options for vehicle-supported camping adventures
SEATTLE, July 28, 2022 /PRNewswire/ -- REI Co-op and Airstream have partnered to design a special edition built on the Airstream Basecamp model, introducing a wide range of sustainability attributes to the travel trailer. The collaboration comes as REI is increasing its investment and solutions to support the growing customer segment pursuing vehicle-supported camping adventures. The REI Co-op Special Edition Basecamp Travel Trailer will be available for REI Co-op members to preview first at www.airstream.com/travel-trailers/rei-special-edition/. Customers can place orders beginning July 28 from authorized Airstream dealerships with pricing starting at $52,900.
"We're honored to partner with REI on this special edition Basecamp travel trailer, and this partnership is another example of the efforts we're taking to help reduce the carbon footprint of travel across the world in an Airstream," said Airstream president and CEO Bob Wheeler. "This one-of-a-kind Basecamp travel trailer has helped us step into new territories and explore more sustainable manufacturing practices and materials as we work to prioritize caring for the environment. Through partnering with REI, Airstream is proud to offer a model that includes recycled materials, as well as features to help customers camp longer by conserving precious resources such as water."
"REI has seen an expansion of the types of products people are buying and the ways in which people are camping, particularly from a rising customer segment that is younger, more diverse, and more spontaneous," adds Isabelle Portilla, divisional vice president, REI Co-op brands product strategy and design. "These customers like camping at their own pace, consider themselves to be self-sufficient, and appreciate the ability to personalize their experience. This special-edition travel trailer collaboration is a great solution for vehicle-supported camping that enables a comfortable and personal experience, whether they enjoy booking Hipcamp reservations, or being self-sustained at a more remote location."
Known for its iconic silver bullet travel trailers, Airstream chose the Basecamp 16 as the foundation for the special edition model with a keen focus on materials, aerodynamics, towability, and intentional features to enhance sustainability attributes. The REI Co-op Special Edition Basecamp Travel Trailer features more environmentally friendly design choices aimed at reducing impact, such as fabrics and laminates made from post-consumer recycled materials, a cutting board sink cover made from recycled paper, and cabinetry crafted from lightweight and sustainably grown wood. Additional sustainability features that also enable a better off-grid camping experience include a recirculating water heater, an optional composting toilet, an advanced UV-LED and pre-filter water purification system, and an exclusive solar upgrade that includes 360 watts of flexible rooftop solar panels and a 200Ah battery bank for on-the-go sustainable power.
The 16-foot travel trailer has a spacious interior with a convertible dinette and lounge that transitions to a 76-inch x 76-inch bed space that can comfortably sleep two adults. The design is complete with exposed birch-ply cabinetry, durable stain-resistant upholstery, and rugged raised coin flooring that provides a textured, slip-resistant surface. This special edition trailer is also outfitted with a 25-piece REI Co-op product kit that includes REI Co-op and partner products, like the REI Co-op Camp Flexlite Dreamer Chair, REI Co-op Campwell Picnic Table Cover and Bench Covers, select OXO Camp Kitchen gear, and other useful accessories to help campers build out their functional spaces.
Camping has been central to the REI member and customer experience since 1938, and this new collaboration with Airstream offers another adventure option for people seeking vehicle-supported experiences that bridge the worlds of car camping and RVing. Since 2019, Co-op sales of vehicle-supported camp items, including refrigerators, car shelters, and rooftop tents have increased by 45 percent. To continue to meet the needs of this growing consumer segment, the Co-op has also expanded its offering with a full lineup of trusted and capable car camp brands and accessories as it seeks to become a leading national partner to help individuals outfit their daily vehicles for extended multisport adventures beyond the campsite.
Find full specifications of the REI Co-op + Airstream Special Edition Basecamp Travel Trailer here: www.airstream.com/travel-trailers/rei-special-edition/.
About Airstream
Airstream, manufacturer of the iconic "silver bullet" Airstream® travel trailer, is the longest-tenured recreational vehicle manufacturer in the world. The company's mission, as set forth by founder Wally Byam, is to create well-designed, high-quality products that allow people to follow their dreams and explore the world in home-like comfort. A steadfast commitment to Byam's creed, "Let's not make changes, let's only make improvements," has made the aluminum Airstream travel trailer a timeless classic. An unwavering focus on innovation keeps the company at the forefront of technology and customer experience in both the towable and motorized sectors. Airstream is based in Jackson Center, Ohio, where a team of skilled craftspeople hand builds each travel trailer and upfits every Mercedes-Benz® touring coach, adding daily to the brand's reputation for quality and innovation. Learn more about Airstream, our dealers, and current travel trailer and touring coach models at airstream.com. For the latest news on Airstream, like us on Facebook and follow us on Twitter and Instagram. Airstream, Inc. is a subsidiary of Elkhart, IN-based THOR Industries, Inc. (NYSE: THO). THOR is the sole owner of operating subsidiaries that, combined, represent the world's largest manufacturer of recreational vehicles. For more information on THOR Industries and its products, please visit thorindustries.com.
About the REI Co-op
REI is a specialty outdoor retailer, headquartered near Seattle. The nation's largest consumer co-op, REI is a growing community of 21.5 million members who expect and love the best quality gear, inspiring expert classes and trips, and outstanding customer service. REI has 177 locations in 41 states and the District of Columbia. If you can't visit a store, you can shop at REI.com, REI Outlet or the REI shopping app. REI isn't just about gear. Adventurers can take the trip of a lifetime with REI's active adventure travel company that runs more than 100 itineraries across the country. In many communities where REI has a presence, professionally trained instructors share their expertise by hosting beginner-to advanced-level classes and workshops about a wide range of activities. To build on the infrastructure that makes life outside possible, REI invests millions annually in hundreds of local and national nonprofits that create access to—and steward—the outdoor places that inspire us all.
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SOURCE Airstream, Inc.
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https://www.wlbt.com/prnewswire/2022/07/28/rei-co-op-airstream-introduce-special-edition-model-focused-sustainability/
| 2022-07-28T13:38:24
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| 0.946976
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Other income pushes Dr Reddy’s PAT up 108% at Rs 1188 Cr in Q1
Agarwal said the drug maker has plans to launch about 25 new products in the North American market in the coming quarters.Commenting on the results, Co-Chairman and MD, G V Prasad in a press release said, Our underlying business revenues adjusted for COVID-19 products contribution during last year have grown well.
- Country:
- India
Backed by a substantial rise in other income, Dr. Reddy's Laboratories Ltd on Thursday said its consolidated profit after tax for the quarter ended June 30 was up by 108 percent at Rs 1187.6 crore against Rs 570.8 crore in the same quarter a year ago.
Revenues during the quarter under discussion were up by six percent to Rs 5215.4 crore compared to Rs 4,919.4 crore in the first quarter of FY22.
Other operating income was at Rs 600 crore compared to Rs 50 crore in Ql FY22.
The increase was mainly on account of the recognition of income from the settlement agreement, with Indivior Inc, Indivior UK Limited, and Aquestive Therapeutics, Inc, on its generic version of opioid addiction treatment drug Suboxone, Chief Financial officer Dr. Reddy Parag Agarwal said.
"The results are impacted positively by two things which are Suboxone settlement which is another operating income and also the brand divestments. Brand divestments have been recorded in sales and growth margins. These are the two major upsides that are benefitting," Agarwal said.
He further said the company has received USD 50 million out of the total USD 72 million towards the Suboxone settlement.
DR Reddy's CEO Erez Israeli the company is working on its COVID-19 vaccine Sputnik Light as a universal booster dose.
"We are in the last stages of finalizing the trial in India to qualify Sputnik as a booster for other vaccines in India. Once the trials are completed and good results are achieved then we can apply for a license in India. Only after getting the license in India then we can go to other countries," Israelis said.
The company has launched six new drugs in the US market and one in Canada during the last quarter. Agarwal said the drug maker has plans to launch about 25 new products in the North American market in the coming quarters.
Commenting on the results, Co-Chairman and MD, G V Prasad in a press release said, ''Our underlying business revenues adjusted for COVID-19 products contribution during last year have grown well. The profits were aided by a few non-recurring incomes, offsetting the near-term headwinds. We continue to improve the health of our core businesses through productivity improvement and robust product pipelines''. Revenues from North America Global Generics during the quarter stood at Rs 1,780 crore, a year-on-year growth of 2 percent, driven by the launch of new products and favorable forex rates, which was offset by price erosion in some of the key molecules.
Revenues from Europe were Rs 410 crore while it was Rs 1330 crore from India.
Revenues for Russia were at Rs 320 crore, a year-on-year decline of 9 percent primarily due to channel inventory normalization post-stocking up in Q4 FY22, which was partly offset by the launch of new products.
Dr. Reddy's spent Rs 430 crore on research and Development during the first quarter which is 8.3 percent of the revenues.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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https://www.devdiscourse.com/article/business/2125613-other-income-pushes-dr-reddys-pat-up-108-at-rs-1188-cr-in-q1
| 2022-07-28T13:38:29
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| 0.973553
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https://sportspyder.com/nfl/denver-broncos/articles/40206494
| 2022-07-28T13:38:30
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| 0.738227
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Operating system for long-term care uses data-driven approach to drive down incident response time by 70%, and improve care for residents
NEW YORK, July 28, 2022 /PRNewswire/ -- Sage, a technology company committed to reinventing care for older adults, has raised $9 million in seed funding to offer caregivers a modern operating system to replace outdated and inefficient tools inside senior living facilities. Sage is led by co-founders Raj Mehra, Ellen Johnston, and Matt Lynch, who met through Palantir Technologies and its network, and bonded over shared experiences in witnessing loved ones struggle with receiving care.The seed round was led by Goldcrest Capital, and includes participation by existing investors ANIMO Ventures, Distributed Ventures, and Merus Capital.
Sage is a software platform that captures essential data to prevent emergencies and improve quality of life. Sage works by connecting older adults to caregivers when they need help. Caregivers use the Sage platform to coordinate incident responses and triage quickly and effectively. Care managers use the data collected by Sage to understand the evolution of a resident's needs in real-time, view staff performance metrics such as incident response time, and prevent emergencies through proactive care.
"I saw first-hand the challenges that my grandmother had in retaining her independence as she aged. At the same time, her caregivers had limited tools to support their efforts, and it wasn't sustainable. Each and every day, we hear stories about how our technology is improving lives. I am proud of our team who is committed to giving the industry best-in-class software to keep older adults safer and give caregivers leverage in their day-to-day care," says Raj Mehra, co-founder and CEO at Sage.
With Sage some of the largest owners of senior housing in the United States have been able to reduce emergency response times by an average of 70%, while also increasing staff satisfaction by over 50%. Currently care is often assessed subjectively and infrequently, leading to inaccurate care plans that can result in emergencies. Per the World Health Organization, each year approximately 30-50% of people living in long-term care institutions experience a fall, which frequently results in an ER visit. With the help of Sage data, managers can identify anomalies and trends to proactively address issues before a resident requires urgent attention.
"We've been deeply impressed by how Sage has transformed the lives of caregivers and care for older adults in a short period of time. With the population of older adults expected to double to 1.5 billion by 2050, older adults deserve greater attention and technology like Sage to live longer and better lives," says Adam Ross, Partner at Goldcrest Capital.
This latest round of funding will go towards expanding a mission-driven team passionate about protecting older adults, building out the platform, and scaling Sage's impact on older adults and caregivers.
Sage is an operating system that replaces nurse call systems. Older adults and caregivers are connected through best in class hardware and software solutions. Sage seamlessly captures essential data that saves lives, from identifying health anomalies and increases in level of care, to understanding staff performance. Sage's data platform captures data and generates insights to help facilities make better care decisions for residents while empowering managers to operate facilities more efficiently. For more information about Sage, please visit www.hellosage.com
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| 2022-07-28T13:38:31
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| 0.958588
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https://sportspyder.com/nfl/denver-broncos/articles/40206719
| 2022-07-28T13:38:34
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| 0.738227
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BOULDER, Colo., July 28, 2022 /PRNewswire/ -- Knowledge Factor, Inc. ("Amplifire"), the leading adaptive eLearning and content creation platform leveraging brain science, has received a strategic investment from Polaris Growth Fund ("PGF"). PGF is a technology-focused private investment firm with over two decades of investing experience. Several customers have also participated in the transaction. Chief Executive Officer Bob Burgin and the existing management team will continue to lead Amplifire.
Founded in 2000, Amplifire's next-generation content creation and performance management technology platform has facilitated more than 3 billion learner interactions and has rapidly become the industry standard in high-stakes workforce training, enabling individuals to learn faster, retain knowledge longer, and perform better. The Amplifire platform uses advances in cognitive and learning science to assess learner knowledge, create a personalized learning pathway, identify and remediate confidently held misinformation — instances where a learner is certain that they are correct but are wrong — and drive successful outcomes.
The company has realized impressive growth driven largely by the development and expansion of Amplifire's Healthcare Alliance. Through this collaborative ecosystem, Amplifire partners with many of the largest and highest rated health systems in the country to develop both clinical and non-clinical content designed to reduce training time and costs, increase revenue generating activities, and improve patient outcomes. Amplifire's health system partners publish efficacy studies proving and quantifying the value in both the platform and co-developed content which can then be utilized by other health systems to address the same paint points. Together, these partnerships deliver unprecedented results around quality and safety, and physician and nurse rapid onboarding in this challenging time for the industry.
Bob Burgin, CEO, said, "Amplifire is at an exciting inflection point and we could not be more excited to partner with PGF to continue to provide best-in-class training content and performance management solutions for our customers. We look forward to leveraging PGF's deep relationships within healthcare and tremendous track record to continue solving some of our customers most difficult challenges."
"Amplifire has developed one of the most unique partnership business model approaches to solving complex problems that we have ever seen. This is further supported by the fact that multiple leading health system partners are joining us as investors in Amplifire to further deliver on their shared mission," said Bryce Youngren, managing partner at PGF, who will join the Board of Directors.
"Amplifire is transforming how health systems train clinical and non-clinical staff across quality and safety, electronic health record, organizational culture, hospice and palliative care, obstetrics, and more. Amplifire's platform allows customers to develop new content or leverage existing content, quantify financial and clinical improvements, and track results and remediate knowledge gaps across learner populations unlike any other eLearning tool we've come across. We look forward to supporting the team's vision during this next stage of growth," said Mark Jacobson, vice president at PGF who will also join the Board of Directors.
Amplifire is a global learning company dedicated to training professionals using the latest in cognitive science. The Amplifire eLearning platform helps customers make learning stick, eliminate mistakes, and change behavior that results in enhanced performance and prosperity. Healthcare, education, and Fortune 500 companies use Amplifire's patented learning algorithms, knowledge analytics, and diagnostic capabilities to drive improved outcomes that lead to an exceptional return on their investment in knowledge. Learn more at amplifire.com
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| 2022-07-28T13:38:35
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US economy shrank 0.9% last quarter, its 2nd straight drop
- Country:
- United States
The U.S. economy shrank from April through June for a second straight quarter, contracting at a 0.9% annual pace and raising fears that the nation may be approaching a recession.
The decline that the Commerce Department reported Thursday in the gross domestic product — the broadest gauge of the economy — followed a 1.6% annual drop from January through March. Consecutive quarters of falling GDP constitute one informal, though not definitive, an indicator of a recession.
The report comes at a critical time. Consumers and businesses have been struggling under the weight of punishing inflation and higher borrowing costs. On Wednesday, the Federal Reserve raised its benchmark interest rate by sizable three-quarters of a point for a second straight time in its push to conquer the worst inflation outbreak in four decades.
The Fed is hoping to achieve a notoriously difficult "soft landing": An economic slowdown that manages to rein in rocketing prices without triggering a recession.
Fed Chair Jerome Powell and many economists have said that while the economy is showing some weakening, they doubt it's in recession. Many of them point, in particular, to a still-robust labor market, with 11 million job openings and an uncommonly low 3.6% unemployment rate, to suggest that a recession, if one does occur, is still a ways off.
After going backward from January through March, the U.S. economy probably didn't do much better in the spring.
On Thursday morning, the government will reveal just how weak economic growth was in the April-June quarter — and perhaps offer clues about whether the United States may be approaching a recession.
The report comes at a critical time: On Wednesday, the Federal Reserve raised its benchmark interest rate by sizable three-quarters of a point for a second straight time in its push to conquer the worst inflation outbreak in four decades. The Fed is aiming for a notoriously difficult "soft landing": An economic slowdown that manages to rein in rocketing prices without triggering a recession.
Forecasters surveyed by the data firm FactSet have estimated that the nation's gross domestic product — the broadest measure of economic output — eked out a tepid annual gain of 0.8% last quarter. Modest as it would be, that would amount to a sharp improvement over the economy's 1.6% contraction in the January-March quarter.
Still, quarterly growth that sluggish would represent a drastic weakening from the 5.7% growth the economy achieved last year. That was the fastest calendar-year expansion since 1984, reflecting how vigorously the economy roared back from the brief but brutal pandemic recession of 2020.
Some economists fear that GDP shrank again from April through June, delivering the back-to-back negative quarters that constitute an informal definition of recession. The Federal Reserve Bank of Atlanta's running estimate of GDP growth, based on available economic data, is signaling a 1.2% second-quarter decline.
Most economists, though, point, in particular, to a still-robust labor market, with 11 million job openings and an uncommonly low 3.6% unemployment rate, to suggest that a recession, if one does occur, is still a ways off.
For one thing, the first-quarter economic contraction wasn't as alarming as it looked. It was caused mainly by factors that don't reflect the economy's underlying health: A wider trade deficit, a consequence of Americans' keen appetite for foreign-made goods, slashed 3.2 percentage points from first-quarter growth. And a post-holiday-season drop in company inventories lopped off an additional 0.4 percentage point.
The strength of America's job market, Fed Chair Jerome Powell said at a news conference Wednesday, "makes you question the GDP data.'' The economy posted some encouraging news Wednesday: June reports on the trade deficit (narrower), inventories (higher), and orders for high-priced factory goods (better than expected) suggested that second quarter GDP might turn out to be stronger than previously feared. Economists at JP Morgan have doubled their forecast for April-June growth to an annual pace of 1.4%.
Even so, recession risks are growing as the Fed's policymakers pursue an aggressive course of rate hikes that, while they may ease in the months ahead, will likely extend into 2023. The Fed's hikes have already led to a doubling of the average rate on a 30-year fixed mortgage in the past year, to 5.5%. Home sales, which are especially sensitive to interest rate changes, have tumbled.
Some economists have echoed an observation Powell made at his news conference Wednesday: That the economy, looked at as a whole, does not appear to be in the grip of recession.
"We do not think the economy is in recession at present,'' Tim Quinlan and Shannon Seery, economists at Wells Fargo, wrote this week.
Quinlan and Seery estimated that GDP expanded at a glacial 0.2% annual pace in the April-June quarter — "a harbinger of worse to come as we are forecasting the economy to enter a mild recession early next year.'' Even if the economy does record a second straight quarter of negative GDP, most economists would not regard it as signaling a recession. The definition of the recession that is most widely accepted is the one determined by the National Bureau of Economic Research, a group of economists whose Business Cycle Dating Committee defines a recession as "a significant decline in economic activity that is spread across the economy and lasts more than a few months." The committee assesses a range of factors before publicly declaring the death of an economic expansion and the birth of a recession — and it often does so well after the fact.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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https://www.devdiscourse.com/article/business/2125625-us-economy-shrank-09-last-quarter-its-2nd-straight-drop
| 2022-07-28T13:38:37
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| 0.960876
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Hundreds of Styles from More Than 60 Designers Now Available on SaksOFF5TH.com
NEW YORK, July 28, 2022 /PRNewswire/ -- Saks OFF 5TH, the premier luxury off-price destination, has partnered with Rent the Runway, the largest shared designer closet, to provide Saks OFF 5TH customers access to pre-owned designer fashion for the first time directly from Rent the Runway.
A curated collection of pre-owned merchandise from Rent the Runway is now available on SaksOFF5TH.com, spanning hundreds of styles from more than 60 designer brands. Customers can browse items for work, vacation, date night and more all at up to 85% off*.
"At Saks OFF 5TH, we're focused on providing access to designer fashion at an incredible value and we continue to look for innovative ways to expand our offering and deliver on that promise for our customers," said Paige Thomas, President and CEO, Saks OFF 5TH. "Through this unique relationship with Rent the Runway, we're introducing new brands, providing exceptional deals and offering pre-owned apparel from a trusted partner that resonates with our customers."
A recent survey conducted with Saks OFF 5TH customers revealed that more than 70 percent of respondents previously purchased pre-owned clothing, shoes or accessories. Furthermore, 80 percent of those customers indicated that they want the opportunity to purchase pre-owned fashion directly from Saks OFF 5TH. To cater to its customers and provide a seamless experience, SaksOFF5TH.com will now feature a dedicated 'pre-owned' section that will highlight Rent the Runway's extensive inventory assortment so shoppers can find items with ease.
"This partnership with Saks OFF 5TH bolsters and reinforces Rent the Runway's mission to introduce an even wider audience to the immense value–both environmental and financial–of pre-loved fashion," said Jennifer Hyman, CEO and Co-Founder, Rent the Runway. "Whether renting or shopping resale, the secondhand economy is a critical part of creating a more sustainable future for our industry. Saks OFF 5TH is known for offering incredible designer goods at great prices, which is a fantastic launch pad to educate more consumers, and help to extend the life of these garments."
Today, Rent the Runway customers can rent à la carte, subscribe to fashion or shop resale. This partnership with Saks OFF 5TH is an extension of Rent the Runway's existing resale offering, which broadens RTR's funnel of potential customers and offers consumers another way to experience its designer inventory.
All items have been deemed 'excellent condition' by Rent the Runway and will be identified on SaksOFF5TH.com by a Rent the Runway-specific badge. Rent the Runway's garment science team uses data to optimize cleaning programs and methods to increase garment longevity. By purchasing pre-owned styles from the Rent the Runway assortment, Saks OFF 5TH customers will be contributing to a more circular fashion economy.
*The reference price for Rent the Runway items is either the original manufacturer's suggested price that retailers sell the item in new condition, or is otherwise based on an evaluation of prices for new comparable merchandise sold elsewhere in the marketplace.
Saks OFF 5TH is the premier destination for luxury off-price fashion. In its approximately 100 stores in the U.S. and Canada, and online, at SaksOFF5TH.com, the brand offers a compelling assortment of designers to fashion-seeking customers at the best prices.
Shop on SaksOFF5TH.com and the Saks OFF 5TH app, or visit SaksOFF5TH.com to find a store location near you.
Founded in 2009, Rent the Runway is disrupting the trillion-dollar fashion industry and changing the way women get dressed through the Closet in the Cloud, the world's first and largest shared designer closet. RTR's mission has remained the same since its founding: powering women to feel their best every day. Through RTR, customers can subscribe, rent items a-la-carte and shop resale from over 800 designer brands. The Closet in the Cloud offers a wide assortment of millions of items for every occasion, from evening wear and accessories to ready-to-wear, workwear, denim, casual, maternity, outerwear, blouses, knitwear, loungewear, jewelry, handbags, activewear, ski wear, home goods and kidswear. RTR has built a two-sided discovery engine, which connects deeply engaged customers and differentiated brand partners on a powerful platform built around its brand, data, logistics and technology. Under CEO and Co-Founder Jennifer Hyman's leadership, RTR has been named to CNBC's "Disruptor 50" five times in ten years, and has been placed on Fast Company's Most Innovative Companies list four times, while Hyman herself has been named to the "TIME 100: Most Influential People in the World" and as one of People Magazine's "Women Changing the World."
Forward-looking statements include all statements that are not historical fact, including statements related to the items that will be available on SaksOFF5TH.com and how customers' purchases will contribute to a circular economy. Forward-looking statements involve substantial risks and uncertainties that may cause actual results to differ materially from expectations. These risks and uncertainties are more fully described in our filings with the Securities and Exchange Commission, including in the section entitled "Risk Factors" in Rent the Runway's Quarterly Report on Form 10-Q for the quarter ended April 30, 2022, and subsequent reports that Rent the Runway files with the Securities and Exchange Commission. Forward-looking statements represent Rent the Runway's beliefs and assumptions only as of the date of this post. Rent the Runway disclaims any obligation to update forward-looking statements, except as required by law.
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| 2022-07-28T13:38:38
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| 0.936903
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https://sportspyder.com/nfl/denver-broncos/articles/40207188
| 2022-07-28T13:38:40
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https://sportspyder.com/nfl/denver-broncos/articles/40207564
| 2022-07-28T13:38:41
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MADISON, N.J., July 28, 2022 /PRNewswire/ -- Anywhere Real Estate Inc. (NYSE: HOUS) ("Anywhere" or the "Company"), the largest full-service residential real estate services company in the United States, today reported financial results for the second quarter ended June 30, 2022.
"Even in a much tougher housing market, Anywhere delivered the solid profitability and Free Cash Flow that we believe the market is increasingly valuing," said Ryan Schneider, Anywhere president and CEO. "Anywhere continues to invest in the business, especially our strategic focus on simplifying and reimagining the home buying and selling experience for consumers as we leverage our strong financial profile and demonstrated ability to deliver results."
"We continued to strengthen our balance sheet in July with an amendment and extension of our revolving credit facility giving us even further financial flexibility," said Charlotte Simonelli, Anywhere executive vice president, chief financial officer, and treasurer. "We have targeted an additional $70 million of cost savings to give us greater flexibility to balance our strategic priorities and growth investments against the current housing market backdrop."
On July 13th, we announced the following new naming conventions for our business units which followed the Company's rebrand to Anywhere Real Estate, Inc. (Anywhere) on June 9th: Anywhere Brands (our Franchise Group), formerly known as Realogy Franchise Group; Anywhere Advisors (our Owned Brokerage Group), formerly known as Realogy Brokerage Group; and Anywhere Integrated Services (our Title Group), formerly known as Realogy Title Group.
Second Quarter 2022 Highlights
- Generated Revenue of $2.1 billion, a decrease of 6% or $134 million year-over-year, largely impacted by the absence of revenue from our former title underwriter business due to its sale in the first quarter of 2022 as well as lower homesale transaction volume.
- Reported Net income of $88 million and basic earnings per share of $0.76, a decrease of $61 million or $0.52 per share vs. prior year.
- Generated Operating EBITDA of $202 million, a decrease of $108 million year-over-year (See Table 5a).
- Generated Free Cash Flow of $70 million vs. $243 million for the corresponding quarter last year (See Table 7).
- Combined closed transaction volume decreased 6% year-over-year.
- Anywhere Advisors agent count grew 6% year-over-year (excluding the impact of an acquisition of a large franchisee in the second quarter of 2022), the eighth consecutive quarter of sequential growth, and continued to maintain strong retention levels.
- At June 30, 2022, our Net Debt Leverage Ratio was 3.4x (See Table 8b) and Senior Secured Leverage Ratio was 0.05x (See Table 8a).
- Executed an amendment and extension of our Revolving Credit Facility, which terminated the revolving commitments due 2023 and extended the maturity of the $1.1 billion resulting Revolving Credit Facility to July 2027 (subject to earlier springing maturity dates upon the occurrence of certain events).
Second Quarter 2022 Financial Highlights
The following table sets forth the Company's financial highlights for the periods presented (in millions, except per share data) (unaudited):
_______________
2022 Financial Estimates
The Company now estimates Operating EBITDA for full year 2022 in the range of $600 to $700 million from $750 to $800 million but cautions that the macroeconomic environment continues to shift quickly. The reduction from prior estimates is predominantly attributable to declines in projected year-over-year homesale transaction volume in the range of (10)% to (20)% in the second half of 2022, which implies year-over-year declines in homesale transaction volume in the range of (6)% to (11)% for full year 2022.
The full year estimate assumes the achievement of $70 million in cost savings that were previously identified by the Company as well as an incremental $70 million in a mix of temporary and permanent cost savings for total estimated 2022 savings north of $140 million offset in part by increased independent agent commission costs which we now expect to be above 175 basis points, year-over-year.
This estimate is subject, among other things, to macroeconomic and housing market uncertainties, including those related to rising inflation and mortgage rates, declining affordability and constrained inventory.
Balance Sheet and Capital Allocation
The Company ended the quarter with cash and cash equivalents of $251 million. Total corporate debt, including the short-term portion, net of cash and cash equivalents (net corporate debt), totaled $2.7 billion at June 30, 2022. The Company's Net Debt Leverage Ratio was 3.4x at June 30, 2022 (see Table 8b).
On July 27, 2022, the Company amended its credit agreement, which includes its Revolving Credit Facility, or revolver, to extend the maturity date of the revolver to July 2027 (subject to earlier springing maturity dates upon the occurrence of certain events), replace LIBOR with a Term SOFR-based rate as the applicable benchmark for the revolver, and terminate the revolver commitments due 2023, among other changes. Following amendment, the revolver has an aggregate of $1.1 billion in capacity, with no amounts currently drawn and $42 million of outstanding undrawn letters of credit.
During the second quarter of 2022, the Company used cash on hand to repurchase $60 million of its 4.875% Senior Notes due 2023 in open market purchases at an aggregate purchase price of $59 million, plus accrued interest to the repurchase date. As of June 30th, $347 million of its 4.875% Senior Notes due 2023 remain outstanding.
For the three months ended June 30, 2022, the Company repurchased and retired 3.9 million shares of common stock for $45 million. As of June 30, 2022, $255 million remained available for repurchase under the share repurchase program.
A consolidated balance sheet is included as Table 2 of this press release.
Investor Conference Call
Today, July 28, at 8:30 a.m. (ET), Anywhere will hold a conference call via webcast to review its Q2 2022 results and provide a business update. The webcast will be hosted by Ryan Schneider, chief executive officer and president, and Charlotte Simonelli, chief financial officer, and will conclude with an investor Q&A period with management.
Investors may access the conference call live via webcast at ir.anywhere.re or by dialing (888) 330-3077 (toll free); international participants should dial (646) 960-0674. Please dial in at least 5 to 10 minutes prior to start time. A webcast replay also will be available on the website.
About Anywhere Real Estate Inc.
Anywhere Real Estate Inc. (NYSE: HOUS) is moving the real estate industry to what's next. As the leading and most integrated provider of U.S. residential real estate services encompassing franchise, brokerage, relocation, and title and settlement businesses as well as a mortgage joint venture, the Company supported approximately 1.5 million home transactions in 2021. The Company's diverse brand portfolio includes some of the most recognized names in real estate: Better Homes and Gardens® Real Estate, CENTURY 21®, Coldwell Banker®, Coldwell Banker Commercial®, Corcoran®, ERA®, and Sotheby's International Realty®. Using innovative technology, data and marketing products, high-quality lead generation programs, and best-in-class learning and support services, the Company fuels the productivity of its approximately 197,600 independent sales agents in the U.S. and approximately 140,600 independent sales agents in 119 other countries and territories, helping them build stronger businesses and best serve today's consumers. Recognized for eleven consecutive years as one of the World's Most Ethical Companies, the Company has also been designated a Great Place to Work four years in a row, named one of LinkedIn's 2021 Top Companies in the U.S., and honored on the Forbes list of World's Best Employers 2021.
Forward-Looking Statements
Certain statements in this press release constitute "forward-looking statements," including the information appearing under 2022 Financial Estimates. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Anywhere Real Estate Inc. to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Statements preceded by, followed by or that otherwise include the words "believes", "expects", "anticipates", "intends", "projects", "estimates", "potential" and "plans" and similar expressions or future or conditional verbs such as "will", "should", "would", "may" and "could" are generally forward-looking in nature and not historical facts. Any statements that refer to expectations or other characterizations of future events, circumstances or results are forward-looking statements.
The following include some, but not all, of the factors that could affect our future results and cause actual results to differ materially from those expressed in the forward-looking statements: adverse developments or the absence of sustained improvement in the U.S. residential real estate markets, either regionally or nationally, which could include, but are not limited to factors that impact homesale transaction volume, such as: stagnant or declining home prices, continued or accelerated increases in mortgage rates, continued or accelerated declines in home sales, housing affordability, or consumer demand or continued or accelerated declines in inventory or excessive inventory; adverse developments or the absence of sustained improvement in macroeconomic conditions (such as business, economic or political conditions) on a global, domestic or local basis, which could include, but are not limited to contraction or stagnation in the U.S. economy and continued or accelerated increases in inflation; adverse developments or outcomes in current or future litigation, in particular pending antitrust litigation; industry structure changes that disrupt the functioning of the residential real estate market; the impact of evolving competitive and consumer dynamics, including that the Company's share of the commission income generated by homesale transactions may continue to shift to affiliated independent sales agents or otherwise erode due to market factors and our ability to compete against traditional and non-traditional competitors; our ability to execute our business strategy and achieve growth, including with respect to the recruitment and retention of productive independent sales agents, attraction and retention of franchisees and development or procurement of products, services and technology that support our strategic initiatives; our ability to realize the expected benefits from our existing or future joint ventures or strategic partnerships, in particular, our mortgage origination joint venture, which is impacted by increases in mortgage rates and competitive margin compression; adverse impacts from the COVID-19 crisis or other pandemics or epidemics; risks related to our business structure, including our geographic and high-end market concentration, the operating results of our affiliated franchisees, and risks related to a loss of our largest real estate benefit program; disruption in the residential real estate brokerage industry related to listing aggregator market power and concentration; risks related to our substantial indebtedness and our ability to refinance or repay our indebtedness; our failure or alleged failure to comply with laws, regulations and regulatory interpretations and any changes or stricter interpretations of any of the foregoing, including but not limited to (1) antitrust laws and regulations, (2) the Real Estate Settlement Procedures Act or other federal or state consumer protection or similar laws, (3) state or federal employment laws or regulations that would require reclassification of independent contractor sales agents to employee status, and (4) privacy or data security laws and regulations; cybersecurity incidents; impairment of our goodwill and other long-lived assets; the accuracy of market forecasts and estimates; significant fluctuation in the price of our common stock; and the impact of share repurchase programs on our common stock.
Consideration should be given to the areas of risk described above, as well as those risks set forth under the headings "Forward-Looking Statements" and "Risk Factors" in our filings with the Securities and Exchange Commission, including our Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 and our Annual Report on Form 10-K for the year ended December 31, 2021, and our other filings made from time to time, in connection with considering any forward-looking statements that may be made by us and our businesses generally. We undertake no obligation to release publicly any revisions to any forward-looking statements, to report events or to report the occurrence of unanticipated events except as required by law.
Non-GAAP Financial Measures
This release includes certain non-GAAP financial measures as defined under SEC rules. As required by SEC rules, important information regarding such measures is contained in the Tables attached to this release. See Tables 1a, 8a, 8b and 9 for definitions of these non-GAAP financial measures and Tables 1a, 5a, 5b, 6a, 6b, 7, 8a and 8b for reconciliations of the historical non-GAAP financial measures to their most comparable GAAP terms.
Because of the forward-looking nature of the Company's forecasted non-GAAP financial measure, specific quantification of the amounts that would be required to reconcile forecasted Operating EBITDA to forecasted net income are not determinable without unreasonable efforts.
Table 1a
ANYWHERE REAL ESTATE INC.
NON-GAAP RECONCILIATION
ADJUSTED NET INCOME AND ADJUSTED EARNINGS PER SHARE
(In millions, except per share data)
We present Adjusted net income and Adjusted earnings per share because we believe these measures are useful as supplemental measures in evaluating the performance of our operating businesses and provide greater transparency into our operating results.
Adjusted net income (loss) is defined by us as net income (loss) before: (a) mark-to-market interest rate swap adjustments, whose fair value is subject to movements in LIBOR and the forward yield curve and therefore are subject to significant fluctuations; (b) former parent legacy items, which pertain to liabilities of the former parent for matters prior to mid-2006 and are non-operational in nature; (c) restructuring charges as a result of initiatives currently in progress; (d) impairments; (e) the (gain) loss on the early extinguishment of debt that results from refinancing and deleveraging debt initiatives; (f) the (gain) loss on the sale of investments or other assets and (g) the tax effect of the foregoing adjustments. The gross amounts for these items as well as the adjustment for income taxes are shown in the table below.
Commencing in the first quarter of 2022, the Company revised its approach to Adjusted net income to exclude the impact of the sale of investments or other assets. Adjusted net income for the three and six months ended June 30, 2021 have been revised to reflect this change.
Adjusted earnings (loss) per share is Adjusted net income (loss) divided by the weighted average common and common equivalent shares outstanding.
Set forth in the table below is a reconciliation of Net income to Adjusted net income for the three and six months ended June 30, 2022 and 2021:
_______________
_______________
_______________
The following table reflects Revenue, Operating EBITDA and Operating EBITDA margin by reportable segments:
The following table reflects Franchise Group and Owned Brokerage Group's results before intercompany royalties and marketing fees, as well as on a combined basis to show the Operating EBITDA contribution of these business segments to the overall Operating EBITDA of the Company:
_______________
The following table reflects Revenue, Operating EBITDA and Operating EBITDA margin by reportable segments:
The following table reflects Franchise Group and Owned Brokerage Group's results before intercompany royalties and marketing fees, as well as on a combined basis to show the Operating EBITDA contribution of these business segments to the overall Operating EBITDA of the Company:
_______________
_______________
_______________
A reconciliation of net cash provided by (used in) operating activities to Free Cash Flow is set forth in the following table:
_______________
_______________
Table 9
Non-GAAP Definitions
Adjusted net income (loss) is defined by us as net income (loss) before mark-to-market interest rate swap adjustments, former parent legacy items, restructuring charges, the (gain) loss on the early extinguishment of debt, impairments, the (gain) loss on the sale of investments or other assets and the tax effect of the foregoing adjustments. The gross amounts for these items as well as the adjustment for income taxes are presented.
Operating EBITDA is defined by us as net income (loss) before depreciation and amortization, interest expense, net (other than relocation services interest for securitization assets and securitization obligations), income taxes, and other items that are not core to the operating activities of the Company such as restructuring charges, former parent legacy items, gains or losses on the early extinguishment of debt, impairments, gains or losses on discontinued operations and gains or losses on the sale of investments or other assets. Operating EBITDA is our primary non-GAAP measure.
We present Operating EBITDA because we believe it is useful as a supplemental measure in evaluating the performance of our operating businesses and provides greater transparency into our results of operations. Our management, including our chief operating decision maker, uses Operating EBITDA as a factor in evaluating the performance of our business. Operating EBITDA should not be considered in isolation or as a substitute for net income or other statement of operations data prepared in accordance with GAAP.
We believe Operating EBITDA facilitates company-to-company operating performance comparisons by backing out potential differences caused by variations in capital structures (affecting net interest expense), taxation, the age and book depreciation of facilities (affecting relative depreciation expense) and the amortization of intangibles, as well as other items that are not core to the operating activities of the Company such as restructuring charges, gains or losses on the early extinguishment of debt, former parent legacy items, impairments, gains or losses on discontinued operations and gains or losses on the sale of investments or other assets, which may vary for different companies for reasons unrelated to operating performance. We further believe that Operating EBITDA is frequently used by securities analysts, investors and other interested parties in their evaluation of companies, many of which present an Operating EBITDA measure when reporting their results.
Operating EBITDA has limitations as an analytical tool, and you should not consider Operating EBITDA either in isolation or as a substitute for analyzing our results as reported under GAAP. Some of these limitations are:
- this measure does not reflect changes in, or cash required for, our working capital needs;
- this measure does not reflect our interest expense (except for interest related to our securitization obligations), or the cash requirements necessary to service interest or principal payments on our debt;
- this measure does not reflect our income tax expense or the cash requirements to pay our taxes;
- this measure does not reflect historical cash expenditures or future requirements for capital expenditures or contractual commitments;
- although depreciation and amortization are non-cash charges, the assets being depreciated and amortized will often require replacement in the future, and this measure does not reflect any cash requirements for such replacements; and
- other companies may calculate this measure differently so they may not be comparable.
Free Cash Flow is defined as net income (loss) attributable to Anywhere before income tax expense (benefit), income tax payments, interest expense, net, cash interest payments, depreciation and amortization, capital expenditures, restructuring costs and former parent legacy costs (benefits), net of payments, impairments, (gain) loss on the sale of investments or other assets, (gain) loss on the early extinguishment of debt, working capital adjustments and relocation receivables (assets), net of change in securitization obligations. We use Free Cash Flow in our internal evaluation of operating effectiveness and decisions regarding the allocation of resources, as well as measuring the Company's ability to generate cash. Since Free Cash Flow can be viewed as both a performance measure and a cash flow measure, the Company has provided a reconciliation to both net income attributable to Anywhere and net cash provided by operating activities. Free Cash Flow is not defined by GAAP and should not be considered in isolation or as an alternative to net income (loss), net cash provided by (used in) operating, investing and financing activities or other financial data prepared in accordance with GAAP or as an indicator of the Company's operating performance or liquidity. Free Cash Flow may differ from similarly titled measures presented by other companies.
SOURCE Anywhere Real Estate Inc.
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https://www.prnewswire.com/news-releases/anywhere-real-estate-inc-reports-second-quarter-2022-financial-results-301594914.html
| 2022-07-28T13:38:41
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en
| 0.948451
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https://sportspyder.com/nfl/denver-broncos/articles/40207625
| 2022-07-28T13:38:43
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en
| 0.738227
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UK's biggest container port Felixstowe faces disruption as staff vote to strike
Staff at Britain's largest container port, Felixstowe, have voted in favour of strike action in a dispute over pay, the Unite union said on Thursday, warning of huge disruption across the supply chain. The dockworkers join a growing wave of employees, in a range of sectors from rail to telecoms, resorting to industrial action as pay rises fail to keep pace with inflation which is expected to hit double digits in Britain by the end of the year.
Staff at Britain's largest container port, Felixstowe, have voted in favour of strike action in a dispute over pay, the Unite union said on Thursday, warning of huge disruption across the supply chain.
The dockworkers join a growing wave of employees, in a range of sectors from rail to telecoms, resorting to industrial action as pay rises fail to keep pace with inflation which is expected to hit double digits in Britain by the end of the year. "Strike action would bring Felixstowe to a standstill and would cause major logistical problems for maritime and road haulage transport entering the port," Unite said in a statement.
Unite's regional officer Miles Hubbard said the industrial action would "inevitably create huge disruption across the UK’s supply chain". Unite said workers at Felixstowe Docks, which is operated by Hutchison Ports, had been offered a pay increase of 5%.
A port spokesperson said: "The company made what we believe to be a very fair offer and we are disappointed with the result of the ballot." "We hope that any industrial action can be avoided," the spokesperson added, saying the union had agreed to a request to meet with the conciliation service ACAS next week.
The union did not give specific dates for the strike action, which will take place next month and was supported by 92% of workers who voted. Earlier this month Unite said it was also balloting hundreds of dockworkers in Liverpool for possible strike action.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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https://www.devdiscourse.com/article/business/2125636-uks-biggest-container-port-felixstowe-faces-disruption-as-staff-vote-to-strike
| 2022-07-28T13:38:44
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en
| 0.970943
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Digital Front Door automates the true patient journey and accelerates RWE
SAN DIEGO, July 28, 2022 /PRNewswire/ -- Seqster PDM, Inc. ("Seqster"), the leader in patient-centric healthcare data technology announced a 3-year partnership with Boehringer Ingelheim to connect the patients to all of their health data. For patients, the Digital Front Door unlocks interoperability, patient access, data sharing, simplifies the informed consent process, boosts participant engagement leading to retention, alleviates caregiver burden, all while ensuring patient health data security and privacy. The Digital Front Door is powered by the Seqster Operating System (SeqsterOS). For researchers, real-time real world data (RWD) accelerates real world evidence (RWE), outcomes research, and drug development.
Boehringer Ingelheim's long-term agreement with Seqster secures their leadership position for RWE initiatives across therapeutic areas. SeqsterOS standardizes, harmonizes and visualizes retrospective and prospective health data, creating a comprehensive, longitudinal health record that empowers and engages patients while providing consented, de-identified data for studies in real-time.
"To truly close the Real World Evidence (RWE) gap, we must think differently about the data that we access with full patient consent and control. Simultaneously, we must provide full transparency for patients who we engage with in all of our studies and trials. With the SeqsterOS we have a ready-to-go solution. Patient-centricity delivers high fidelity and high quality data. SeqsterOS will provide patient access and engagement with longitudinal RWD unlocking such previously unthinkable possibilities for Boehringer Ingelheim and the patients we serve," states Paul Petraro, Global Head of Real World Evidence Centre of Excellence for Boehringer Ingelheim.
"The significance of our joint initiative with Boehringer Ingelheim cannot be understated. There is a natural alignment between both organizations as we seek to accelerate data-driven discoveries and impact patient lives at scale," explains Ardy Arianpour, CEO & Co-Founder of Seqster. "Empowering patients with access to the Digital Front Door allows them to connect and engage with their data, leading to improved study retention as well as a willingness to consent to future studies."
Seqster is the leading healthcare technology company that breaks down health data silos at scale. Its enterprise operating system aggregates disparate health data sources into a single, 360-degree view of a patient in real-time, solving a multitude of challenges for life sciences, patient engagement and data interoperability.
Seqster has nationwide coverage of EHRs from hospitals and medical groups, genomic DNA, wearables, pharmacy and social determinants of health data. Through its customizable white-label approach, Seqster provides accelerated access to de-identified, tokenized, real-time data and comprehensive curated data to address critical needs across the healthcare continuum.
Seqster is privately held and headquartered in San Diego.
To learn more about the Seqster Operating System for Patient Registries, Clinical Studies and the Digital Front Door, please contact us at info@seqster.com or visit www.seqster.com.
View original content to download multimedia:
SOURCE Seqster
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https://www.wlbt.com/prnewswire/2022/07/28/seqster-signs-multi-year-agreement-with-boehringer-ingelheim-put-patient-center-their-clinical-data/
| 2022-07-28T13:38:44
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en
| 0.889577
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Biomica Appoints Professor Gal Markel to Company's Scientific Advisory Board
This addition to Biomica's scientific expertise will support the company's upcoming steps in its immuno-oncology clinical development program
REHOVOT, Israel, July 28, 2022 /PRNewswire/ -- Biomica Ltd., a clinical-stage biopharmaceutical company developing innovative microbiome-based therapeutics, and a subsidiary of Evogene Ltd. (NASDAQ: EVGN) (TASE: EVGN), today announced that Professor Gal Markel, Director of the Davidoff Cancer Center & Deputy Director General of the Rabin Medical Center at Clalit Health Services in Israel, is joining Biomica's Scientific Advisory Board.
Professor Markel is an internationally recognized expert in translational tumor immunology and clinical immuno-oncology. He brings a wealth of knowledge, as an expert in clinical and investigational Immuno-Oncology with broad experience in integrative platforms. He is Professor of Tumor Immunology in the Faculty of Medicine at Tel-Aviv University. He is the author of more than 130 peer-reviewed papers and the inventor of more than 20 patents. Prof. Markel co-founded BTC (acquired by DSPG in 2011), was the scientific founder and Chief Scientific Officer of cCAM Biotherapeutics (acquired by Merck & Co in 2015) and 4C Biomed. He holds a PhD and MD from the Hebrew University, an MBA from the IDC and medical oncology training at Sheba Medical Center.
In addition, Professor Markel was the principal investigator of a groundbreaking investigator-initiated study, which demonstrated for the first time, that melanoma immunotherapy can be successfully boosted by changing the gut microbiome (via Fecal Microbiota Transplantation). In this trial, it was shown that some patients with metastatic melanoma refractory to immunotherapy, had an objective tumor regression if immunotherapy was paired with a microbiome therapy from a metastatic melanoma donor who had achieved a complete response on immunotherapy. Professor Markel was the senior and corresponding author of the article published in Science on December 2021, depicting the results of this trial.
Professor Gal Markel said: "I am very excited to join Biomica's superb team and contribute to the development of its unique microbiome-based therapeutics for cancer patients. I am looking forward to embarking on this fantastic joint journey."
Professor Yehuda Ringel, CSO and Chairman of the Scientific Advisory Board, commented: "I am very pleased that Professor Markel has chosen to join our advisory board. As an internationally renowned expert in the immune-oncology field, I am convinced he will be an invaluable asset and strong contributor to Biomica and its future success. I wholeheartedly welcome Gal to Biomica and look forward to working closely with him."
About Biomica
Biomica is a clinical-stage biopharmaceutical company developing innovative microbiome-based therapeutics utilizing a dedicated Computational Predictive Biology platform (CPB), licensed from Evogene Ltd. Biomica aims to identify and characterize disease-related microbiome entities and to develop novel therapeutics based on these understandings. The company is focused on the development of therapies for antibiotic resistant bacteria, immuno-oncology, and microbiome-related gastrointestinal (GI) disorders. Biomica is a subsidiary of Evogene Ltd. (NASDAQ: EVGN, TASE: EVGN). For more information, please visit www.biomicamed.com.
Contacts:
Lital Mamon
Head of Marketing and PR
E: [email protected]
T: +972-8-931-2097
Kenny Green
US Investor Relations
E: [email protected]
T: +1 212 378 8040
SOURCE Biomica Ltd.
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https://www.prnewswire.com/news-releases/biomica-appoints-professor-gal-markel-to-companys-scientific-advisory-board-301595199.html
| 2022-07-28T13:38:47
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en
| 0.933053
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SALT LAKE CITY, July 28, 2022 /PRNewswire/ -- Sera Prognostics Inc., The Pregnancy Company® (Nasdaq: SERA), focused on improving maternal and neonatal health by providing innovative pregnancy biomarker information to doctors and patients, today announced that it will report second quarter fiscal year 2022 financial results on Wednesday, August 10, 2022, after the close of the market. The Company will host a corresponding conference call and live webcast to discuss operational highlights, financial results and key topics at 5:00 p.m. Eastern Time. A press release outlining the financial results and highlights will be publicly distributed before the call.
Conference Call Details:
US domestic callers: (866) 218-2405
International callers: (412) 902-6607
Webcast Registration Link: https://app.webinar.net/JMrRmxrD9Qj
Live audio of the webcast will be available online from the Investors page of the Company's website at www.seraprognostics.com. The webcast will be archived on the Investors page and will be available for one year.
About Sera Prognostics, Inc.
Sera Prognostics is a leading health diagnostics company dedicated to improving the lives of women and babies through precision pregnancy care. Sera's mission is to deliver early, pivotal information in pregnancy to physicians, enabling them to improve the health of their patients, resulting in reductions in the costs of healthcare delivery. Sera has a robust pipeline of innovative diagnostic tests focused on the early prediction of preterm birth risk and other complications of pregnancy. Sera's precision medicine PreTRM® Test reports to a physician the individualized risk of spontaneous premature delivery in a pregnancy, enabling earlier proactive interventions in women with higher risk. Sera Prognostics is located in Salt Lake City, Utah.
About Preterm Birth
Preterm birth is defined as any birth before 37 weeks' gestation and is the leading cause of illness and death in newborns. The 2021 March of Dimes Report Card shows that more than one in ten infants is born prematurely. Prematurity is associated with a significantly increased risk of major long-term medical complications, including learning disabilities, cerebral palsy, chronic respiratory illness, intellectual disability, seizures, and vision and hearing loss, and can generate significant costs throughout the lives of affected children. The annual health care costs to manage short- and long-term complications of prematurity in the United States were estimated to be approximately $25 billion for 2016.
About the PreTRM® Test
The PreTRM® test is the only broadly validated, commercially available blood-based biomarker test that provides an early, accurate and individualized risk prediction for spontaneous preterm birth in asymptomatic singleton pregnancies. The PreTRM® test measures and analyzes proteins in the blood that are highly predictive of preterm birth. The PreTRM® test permits physicians to identify, during the 19th or 20th week of pregnancy, which women are at increased risk for preterm birth, enabling more informed, personalized clinical decisions based on each woman's individual risk. The PreTRM® test is ordered by a medical professional.
Sera Prognostics, the Sera Prognostics logo, The Pregnancy Company, and PreTRM are trademarks or registered trademarks of Sera Prognostics, Inc. in the United States and/or other countries.
Safe Harbor Statement
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including statements relating to the date, time and content of the Company's quarterly earnings release and conference call; and the company's strategic directives under the caption "About Sera Prognostics, Inc." These "forward-looking statements" are based on management's current expectations of future events and are subject to a number of risks and uncertainties that could cause actual results to differ materially and adversely from those set forth in or implied by forward-looking statements. These risks and uncertainties include, but are not limited to: net losses, cash generation, and the potential need to raise more capital; revenues from the PreTRM test representing substantially all Company revenues to date; the need for broad scientific and market acceptance of the PreTRM test; a concentrated number of material customers; our ability to introduce new products; potential competition; our proprietary biobank; critical suppliers; the ongoing COVID-19 pandemic and its impact on our operations, as well as the business or operations of third parties with whom we conduct business; estimates of total addressable market opportunity and forecasts of market growth; potential third-party payer coverage and reimbursement; new reimbursement methodologies applicable to the PreTRM test, including new CPT codes and payment rates for those codes; changes in FDA regulation of laboratory-developed tests; the intellectual property rights protecting our tests and market position; and other factors discussed under the heading "Risk Factors" contained in our Final Prospectus on Form S-1, which was filed with the Securities and Exchange Commission on July 14, 2021, as well as any updates to those risk factors filed from time to time in our Quarterly Reports on Form 10-Q, Annual Reports on Form 10-K, or Current Reports on Form 8-K. All information in this press release is as of the date of the release, and the Company undertakes no duty to update this information unless required by law.
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SOURCE Sera Prognostics, Inc.
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| 2022-07-28T13:38:51
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en
| 0.927977
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RBI imposes restrictions on two coop banks
- Country:
- India
The Reserve Bank on Thursday said it has imposed several restrictions, including on fund withdrawals, on two Uttar Pradesh-based cooperative banks in view of their deteriorating financial position.
The two lenders are Lucknow Urban Co-operative Bank and Urban Co-operative Bank Limited, Sitapur.
The restrictions under the Banking Regulation Act will remain in force for six months.
Customers of Lucknow Urban Co-operative Bank will not able to withdraw more than Rs 30,000, as per an RBI statement. The withdrawal limit in the case of Urban Co-operative Bank is Rs 50,000 per customer, it said in another statement.
The two banks, without permission of the RBI, cannot grant loans, make any investment, incur any liability -- including borrowal of funds and acceptance of fresh deposits, disburse or dispose of properties or assets.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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https://www.devdiscourse.com/article/business/2125647-rbi-imposes-restrictions-on-two-coop-banks
| 2022-07-28T13:38:52
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en
| 0.945869
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CHICAGO, July 28, 2022 /PRNewswire/ -- Building Information Modeling Market is projected to reach USD 10.7 billion by 2026 from USD 5.4 billion in 2020; it is expected to grow at a CAGR of 12.5%, according to a new report by MarketsandMarkets™. Rising adoption of remote working due to COVID-19, rapid rise in urbanization globally, wide-ranging benefits of BIM realized by AEC industry, and growing government initiatives for adoption of BIM are some of the key drivers contributing to the growth of the building information modeling market.
Ask for PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=95037387
APAC accounts for the fastest growth rate of the building information modeling market during forecast period
The market in APAC is expected to grow at the fastest rate due to the use of BIM for large-scale infrastructure and building projects. Additionally, government initiatives are expected to act as a significant factor driving the BIM market in APAC. Governments in the region have started imposing new regulations regarding building construction permits. For example, Japan, China, and South Korea have already made BIM documents mandatory, especially for public buildings, along with green certification-related documents.
Software segment to account for a larger share of the building information modeling market
Software solutions used for BIM exhibit features such as interoperability between applications, easy visualization, and cost-effectiveness. The BIM software suite generally encompasses solutions for various objectives, such as architecture; sustainability; structures; mechanical, electrical, and plumbing (MEP); construction; and facility management in a project life cycle. Different types of BIM software solutions available in the market are Autodesk Revit Structure, Graphisoft ArchiCAD, Nemetschek ALLPLAN Architecture, Bentley Facilities Manager, and Tekla Structures. 3D BIM is increasingly being used by several architecture, engineering, and construction (AEC) professionals. 3D visualization of a project, reduction in costs and time, and flexibility of making changes in designs are the best features of the BIM software.
Browse in-depth TOC on "Building Information Modeling Market"
177 – Tables
68 – Figures
229 – Pages
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Building application to account for the largest share of the building information modeling market
BIM is gaining popularity in the construction industry. The buildings applications mainly include commercial, residential, and retail buildings. These applications focus on the adoption of BIM by firms that are primarily responsible for working on the construction (i.e., new work, additions, alterations, maintenance, and repairs) of commercial and retail buildings. BIM is mostly used for designing buildings during the preconstruction phase in which 3D modeling of a building is prepared, and the flow of the entire building project is decided. Building applications account for the largest share of the BIM market because of the increasing number of buildings or construction projects, along with business centers, shopping centers, and retail shops.
Key Market Players
- Autodesk (US),
- Nemetschek (Germany),
- Bentley Systems (US),
- Trimble (US),
- Dassault Systèmes (France),
- RIB Software (Germany),
- ASITE (UK),
- AVEVA (UK), and
- Hexagon (Sweden) are among the major players in the building information modeling market.
The preconstruction phase accounted for the largest share of the building information modeling market in 2020
BIM is adopted in the pre-construction (design), construction, and operation phases of a building project. It inculcates all the aspects of a building project into one package. Users working in different phases can refer to the data from a particular project if a problem arises; this prevents cost overrun. For example, BIM is used for maintenance purposes and helps plumbers and electricians locate pipes and wires to prevent unnecessary damage to walls, floors, or/and ceilings. As most of the BIM work is done in the preconstruction phase, this phase is likely to hold the largest market share in 2025.
Related Reports:
Building Automation System Market by Offering (Facility Management Systems, Security & Access Controls, Fire Protection Systems, BEM Software, BAS Services), Communication Technology (Wireless, Wired), Application and Region - Global Forecast to 2027
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]
Image: https://mma.prnewswire.com/media/1868289/BUILDING_INFORMATION.jpg
Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg
SOURCE MarketsandMarkets
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https://www.prnewswire.com/news-releases/building-information-modeling-market-size-worth-10-7-billion-by-2026--301595252.html
| 2022-07-28T13:38:53
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en
| 0.918184
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You need to enable JavaScript to run this app.
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https://sportspyder.com/nfl/jacksonville-jaguars/articles/40206711
| 2022-07-28T13:38:57
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en
| 0.738227
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NEW YORK, July 28, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of OncoCyte Corporation (NASDAQ: OCX).
If you are a shareholder of OncoCyte Corporation and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:
You may also contact Robert H. Lefkowitz, Esq. either via email at rl@pjlfirm.com or by telephone at 212-725-1000. One of our attorneys will personally speak with you about the case at no cost or obligation.
Purcell & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit http://pjlfirm.com. Attorney advertising. Prior results do not guarantee a similar outcome.
View original content:
SOURCE Purcell & Lefkowitz LLP
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https://www.wlbt.com/prnewswire/2022/07/28/shareholder-alert-purcell-amp-lefkowitz-llp-is-investigating-oncocyte-corporation-potential-breaches-fiduciary-duty-by-its-board-directors/
| 2022-07-28T13:38:58
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en
| 0.904888
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ControlUp Enhances VMware vRealize Operations (vROps) with End-User Data to Optimize the Digital Employee Experience
User experience, Session, and Application Data from ControlUp's Management Pack Enables IT to Reduce Logon Times and Improve App Performance in Multi-Cloud Environments
SAN JOSE, Calif., July 28, 2022 /PRNewswire/ -- ControlUp, the industry leader in Digital Employee Experience (DEX) management, announced today the launch of its vROps Management Pack. The ControlUp vROps management pack is designed to provide real-time data to proactively spot performance issues, reduce troubleshooting time, to improve the digital experience of EUC environments running in private, hybrid, and multi-cloud environments. The release of the ControlUp Management Pack for vROps marks a deeper integration with VMware products and a further expansion of its VMware partnership.
The management pack forwards real-time data captured by ControlUp about the user, machine, hypervisor, session, network, and application to VMware vRealize Operations (vROps). The ControlUp vROps Management Pack includes real-time insights from metrics such as:
- Horizon desktop performance
- User logon times
- User input delay
- Client Wi-Fi strength
- Application load time
- User experience score
- And more.
"Having greater visibility into VMware Horizon gives IT departments the extra depth and granularity of insights needed for more efficient problem detection and troubleshooting," said Ilan Shmargad, VP of Business Development at ControlUp. "Our expanded partnership with VMware continues to result in joint solutions that relieve pressure on IT teams who are now tasked with managing the performance of thousands of home offices."
VMware, Horizon, and VMworld are registered trademarks or trademarks of VMware, Inc. or its subsidiaries in the United States and other jurisdictions.
About ControlUp
ControlUp powers the work-from-anywhere world by delivering a Digital Employee Experience (DEX) Management Platform built for IT teams to make remote work more flexible and reliable. Whether your desktops are physical or virtual, your applications are local or SaaS, IT can optimize remote work environments from the datacenter or from the cloud with rich, real-time visibility across the entire digital employee experience. Headquartered in Silicon Valley with R&D in Israel, ControlUp supports over 2,000 customers and counting. Learn more at www.controlup.com. Follow us on Twitter, Facebook, LinkedIn, and YouTube.
Media Contact(s):
Joy Capps, Intersect Communications
[email protected]
843-730-3857
Michelle Van Jura, Intersect Communications
[email protected]
310-420-4062
SOURCE ControlUp
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https://www.prnewswire.com/news-releases/controlup-enhances-vmware-vrealize-operations-vrops-with-end-user-data-to-optimize-the-digital-employee-experience-301595036.html
| 2022-07-28T13:38:59
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en
| 0.872769
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Billionaire Jack Ma plans to cede control of China's Ant Group - WSJ
Chinese billionaire Jack Ma plans to cede control of Ant Group, the Wall Street Journal reported on Thursday, after a regulatory crackdown that scuppered its $37 billion IPO in 2020 and led to a forced restructuring of the financial technology behemoth. While Ma only owns a 10% stake in Ant, an affiliate of Alibaba Group Holding Ltd, he exercises control over the company through related entities, according to Ant's IPO prospectus filed with the exchanges in 2020.
Chinese billionaire Jack Ma plans to cede control of Ant Group, the Wall Street Journal reported on Thursday, after a regulatory crackdown that scuppered its $37 billion IPO in 2020 and led to a forced restructuring of the financial technology behemoth.
While Ma only owns a 10% stake in Ant, an affiliate of Alibaba Group Holding Ltd, he exercises control over the company through related entities, according to Ant's IPO prospectus filed with the exchanges in 2020. Hangzhou Yunbo, an investment vehicle for Ma, has control over two other entities that own a combined 50.5% stake of Ant, the prospectus showed.
The Journal said, citing unnamed sources, that Ma could cede control by transferring some of his voting power to Ant officials including Chief Executive Eric Jing. Ant has informed regulators of Ma's intention as it prepares to restructure into a financial holding company, the report said, adding regulators didn't demand the change but have given their blessing.
Ant and Alibaba did not immediately respond to Reuters requests for comment. Shares in U.S.-listed e-commerce giant Alibaba slipped 1.2% to $101.51 in premarket trade after briefly jumping higher.
In April last year, Reuters reported that Ant was exploring options for Ma to divest his stake in Ant and give up control. The discussions at that time came amid a revamp of Ant and a broader state clampdown on China's technology sector that was set in motion after Ma's public criticism of regulators in a speech in October 2020.
Ant's IPO, which would have been the world's largest, was derailed days after the speech and Ma's sprawling empire has been under regulatory scrutiny and going through a restructuring since then. Ant operates the world's largest and China's ubiquitous mobile payment app Alipay, which has more than 1 billion users.
Once outspoken, Ma has kept an extremely low public profile as regulators reined-in the country's technology giants after years of a laissez-faire approach that drove breakneck growth. "It's been on the cards for a while," said Danni Hewson, financial analyst at AJ Bell.
"There will be some who will think that potentially this clears the way for Ant to put the past few years behind it and try to get out on the front foot. There will be others who will be deeply concerned about what comes next because Jack Ma has been such a powerhouse." A change in control at Ant could slow plans to revive its long-sought IPO, the Journal reported, as China's domestic A-share market requires companies to wait three years after a change in control to list.
The wait is two years on Shanghai's STAR market, and one year in Hong Kong. Earlier this week, Alibaba's annual report revealed that Ant executives are no longer part of Alibaba Partnership, a body that can nominate the majority of the e-commerce giant's board, as the pair decouple to appease regulators.
Ant and Alibaba are also untangling their operations from each other and independently seeking new business, Reuters reported last month, citing sources.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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HC seeks ED’s reply on Chinese smartphone maker Vivo’s plea against order freezing various bank accounts in connection with PMLA probe.
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https://www.devdiscourse.com/article/business/2125657-billionaire-jack-ma-plans-to-cede-control-of-chinas-ant-group---wsj
| 2022-07-28T13:39:00
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en
| 0.959762
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You need to enable JavaScript to run this app.
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https://sportspyder.com/nfl/jacksonville-jaguars/articles/40206713
| 2022-07-28T13:39:03
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en
| 0.738227
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Three-Year Follow Up Results Confirm Significant Efficacy and No Serious Adverse Effects in Patients receiving OvaStem® Procedure for Treating Primary Ovarian Insufficiency
PHOENIX, July 28, 2022 /PRNewswire/ -- Creative Medical Technology Holdings, Inc. ("Creative Medical Technology" or the "Company") (NASDAQ: CELZ), a leading commercial stage biotechnology company focused on a regenerative approach to immunotherapy, urology, neurology, and orthopedics, today announced positive three-year follow up data for the Company's OvaStem® pilot study. The data shows significant efficacy of the OvaStem® procedure for the treatment of medical refractory Primary Ovarian Insufficiency (POI) without any serious adverse effects and the successful birth of healthy babies.
OvaStem® is a patented outpatient clinic procedure that utilizes a patient's own bone marrow aspirate for treatment of medical refractory POI. Below is a summary of the study's three-year follow up data:
There were no safety related concerns at up to three years and the OvaStem® procedure resulted in an efficacy of 90% in the treated patients in terms of improvement in hormonal function and 70% in terms of delivery of healthy babies using their own eggs. Patients with POI usually only have a 5% to 10% chance of spontaneous pregnancy and must rely on donor eggs for conception via in vitro fertilization therapy. The company plans to submit a manuscript for publication in a peer reviewed journal and present the data at future fertility medicine conferences.
"The positive three-year data from our OvaStem® pilot study is very encouraging, and we are excited to engage with practitioners on further development and translation," said Timothy Warbington, President and CEO of the company. "To our knowledge, this pilot study is one of the first to demonstrate the clinical efficacy of injecting bone marrow aspirate into the ovaries using a minimally invasive outpatient procedure, thereby repairing, remodeling and improving the function. We believe as we further develop the OvaStem® program there is great potential to help patients with POI to conceive and deliver babies using eggs from their own ovaries without having to use surrogacy or donor eggs. Despite all on-going research, there is no FDA approved treatment for POI."
Creative Medical Technology Holdings, Inc. is a commercial stage biotechnology company specializing in stem cell technology in the fields of immunotherapy, urology, neurology, and orthopedics. For further information about the Company, please visit www.creativemedicaltechnology.com.
This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming clinical trials and laboratory results, marketing efforts, funding, etc. Forward-looking statements address future events and conditions and, therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. See the periodic and other reports filed by Creative Medical Technology Holdings, Inc. with the Securities and Exchange Commission and available on the Commission's website at www.sec.gov.
SOURCE Creative Medical Technology Holdings, Inc.
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https://www.prnewswire.com/news-releases/creative-medical-technology-announces-positive-top-line-results-for-ovastem-pilot-study-301595212.html
| 2022-07-28T13:39:05
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en
| 0.932998
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NEW YORK, July 28, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of Snap Inc. (NYSE: SNAP).
If you are a shareholder of Snap Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:
You may also contact Robert H. Lefkowitz, Esq. either via email at rl@pjlfirm.com or by telephone at 212-725-1000. One of our attorneys will personally speak with you about the case at no cost or obligation.
Purcell & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit http://pjlfirm.com. Attorney advertising. Prior results do not guarantee a similar outcome.
View original content:
SOURCE Purcell & Lefkowitz LLP
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https://www.wlbt.com/prnewswire/2022/07/28/shareholder-alert-purcell-amp-lefkowitz-llp-is-investigating-snap-inc-potential-breaches-fiduciary-duty-by-its-board-directors/
| 2022-07-28T13:39:05
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en
| 0.915428
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US STOCKS-Wall St set to open lower after GDP data, Meta forecast
Riley, said. "I don't know if today's data is going to change the narrative around markets remarkably, we're just not going to feel as exuberant as we did yesterday." Two consecutive quarters of declines in growth are traditionally considered a recession, but the private research group that is the official arbiter of U.S. recessions looks at a broad range of indicators instead, including jobs and spending. Worries of a recession hit Meta Platforms Inc shares, which fell 4.2% in premarket trading after posting its first-ever quarterly drop in revenue.
Wall Street's main indexes were set to open lower on Thursday following gloomy forecasts from Meta and Qualcomm, while an early reading which showed the U.S. economy contracted again in the second quarter also weighed on sentiment. Fears of runaway inflation and aggressive monetary policy tightening biting into economic growth have spooked markets, after gross domestic product fell at a 0.9% annualized rate last quarter, the Commerce Department said in its advance GDP estimate.
A Reuters survey of economists showed GDP growth likely rebounded at a 0.5% annualized rate last quarter. "GDP contracting again doesn't come as a great surprise to anyone," Art Hogan, chief market strategist at B. Riley, said.
"I don't know if today's data is going to change the narrative around markets remarkably, we're just not going to feel as exuberant as we did yesterday." Two consecutive quarters of declines in growth are traditionally considered a recession, but the private research group that is the official arbiter of U.S. recessions looks at a broad range of indicators instead, including jobs and spending.
Worries of a recession hit Meta Platforms Inc shares, which fell 4.2% in premarket trading after posting its first-ever quarterly drop in revenue. Qualcomm Inc fell 2.5% after it warned that difficult economic conditions and a slowdown in smartphone demand could hit its mainstay handset chips business.
The Nasdaq clocked its biggest daily percentage gain since April 2020 on Wednesday after the U.S. Federal Reserve raised interest rates as expected and comments by Fed Chairman Jerome Powell eased some investor worries about the pace of rate hikes. The U.S. central bank's tightening cycle has hammered mega cap stocks as future cash flows, on which valuations of these companies rest, are discounted heavily when rates rise.
At 8:51 a.m. ET, Dow e-minis were down 13 points, or 0.04%, S&P 500 e-minis were up 0.25 points, or 0.01%, and Nasdaq 100 e-minis were down 21.25 points, or 0.17%. Merck & Co gained 1% after reporting higher-than-expected second-quarter earnings and revenue.
Ford Motor Co gained 6.5% after it reported a better-than-expected quarterly net income.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
ALSO READ
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US STOCKS-Nasdaq futures fight to stay positive with upbeat Tesla results
US STOCKS-Nasdaq rises on positive earnings signals as inflation concerns loom
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https://www.devdiscourse.com/article/business/2125663-us-stocks-wall-st-set-to-open-lower-after-gdp-data-meta-forecast
| 2022-07-28T13:39:07
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en
| 0.966897
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You need to enable JavaScript to run this app.
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https://sportspyder.com/nfl/jacksonville-jaguars/articles/40207292
| 2022-07-28T13:39:09
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en
| 0.738227
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SÃO PAULO, July 28, 2022 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), ("GOL" or "Company"), Brazil's largest domestic airline, provides an Investor Update. All information is presented in Brazilian Reais (R$). The information below is preliminary and unaudited.
GOL is updating its financial forecasts given the consecutive increases in Brazilian jet fuel prices since the beginning of the year, as well as pass-through effects on fares, resulting in higher sales and revenue levels. For 2022, the Company reinforces its focus on fleet transformation and expects that, by the end of the year, 44 737-MAX aircraft will be operating, which is around 32% of the total fleet.
To help investors and analysts understand how GOL addresses its near-term planning, the Company shares the following indicators:
(1) Cargo. loyalty. buy-on-board and other ancillary revenues; (2) Recurring operating results, does not include non-recurring maintenance costs related to fleet transformation; (3) Excluding currency gains and losses and Unrealized losses on Exchangeable Senior Notes; (4) Capex, net is calculated as Gross capex (fleet capitalized maintenance) subtracted by financed Capex (credit facilities to finance assets acquisition and capitalized maintenance costs) ; (5) Including 7x annual aircraft lease payments and excluding perpetual bonds; and (6) Includes stock option exercises that may be issued from the stock option program and related to Exchangeable Senior Notes.
Investor Relations
[email protected]
www.voegol.com.br/ir
+55(11) 2128-4700
GOL is the largest airline in Brazil, leader in the corporate and leisure segments. Since founded in 2001, the Company has the lowest unit cost in Latin America, thus democratizing air transportation. The Company has alliances with American Airlines and Air France-KLM, besides several codeshare and interline agreements available to Customers, bringing more convenience and simple connections to any place served by these partnerships. With the purpose of "Being the First for All", GOL offers the best travel experience to its passengers, including: the largest number of seats and more space between seats; the greatest platform with internet, movies and live TV; and the best frequent-flyer program, SMILES. In cargo transportation, GOLLOG delivers orders to different regions in Brazil and abroad. The Company has a team of 14,000 highly qualified aviation professionals focused on Safety, GOL's #1 value, and operates a standardized fleet of 144 Boeing 737 aircraft. The Company's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit www.voegol.com.br/ri.
The information contained in this press release has not been subject to any independent audit or review and contains "forward-looking" statements, estimates and projections that relate to future events, which are, by their nature, subject to significant risks and uncertainties. All statements other than statements of historical fact contained in this press release including, without limitation, those regarding GOL's future financial position and results of operations, strategy, plans, objectives, goals and targets, future developments in the markets in which GOL operates or is seeking to operate, and any statements preceded by, followed by or that include the words "believe", "expect", "aim", "intend", "will", "may", "project", "estimate", "anticipate", "predict", "seek", "should" or similar words or expressions, are forward-looking statements. The future events referred to in these forward-looking statements involve known and unknown risks, uncertainties, contingencies and other factors, many of which are beyond GOL's control, that may cause actual results, performance or events to differ materially from those expressed or implied in these statements. These forward-looking statements are based on numerous assumptions regarding GOL's present and future business strategies and the environment in which GOL will operate in the future and are not a guarantee of future performance. Such forward-looking statements speak only as at the date on which they are made. None of GOL or any of its affiliates, officers, directors, employees and agents undertakes any duty or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except to the extent required by law. None of GOL or any of its affiliates, officers, directors, employees, professional advisors and agents make any representation, warranty or prediction that the results anticipated by such forward-looking statements will be achieved, and such forward-looking statements represent, in each case, only one of many possible scenarios and should not be viewed as the most likely or standard scenario. Although GOL believes that the estimates and projections in these forward-looking statements are reasonable, they may prove materially incorrect and actual results may materially differ. As a result, you should not rely on these forward-looking statements.
To be consistent with industry practice, GOL discloses so-called non-GAAP financial measures which are not recognized under IFRS or U.S. GAAP, including "Net Debt", "Adjusted Net Debt", "total liquidity" and "EBITDA". The Company's management believes that disclosure of non-GAAP measures provides useful information to investors, financial analysts and the public in their review of its operating performance and their comparison of its operating performance to the operating performance of other companies in the same industry and other industries. However, these non-GAAP items do not have standardized meanings and may not be directly comparable to similarly-titled items adopted by other companies. Potential investors should not rely on information not recognized under IFRS as a substitute for the GAAP measures of earnings or liquidity in making an investment decision.
SOURCE GOL Linhas Aéreas Inteligentes S.A.
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https://www.prnewswire.com/news-releases/gol-announces-investor-update-301595249.html
| 2022-07-28T13:39:11
|
en
| 0.938156
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- Q2 Revenues Reach $34.2M with $0.70 Non-GAAP EPS –
KFAR SAVA, Israel, July 28, 2022 /PRNewswire/ -- Silicom Ltd. (NASDAQ: SILC), a leading provider of high-performance server/appliance networking solutions, today reported its financial results for the second quarter and six months ended June 30, 2022.
Financial Results
Second Quarter: Silicom's revenues for the second quarter of 2022 totalled $34.2 million, up 13% compared with $30.3 million for the second quarter of 2021.
On a GAAP basis, net income for the quarter totalled $4.5 million, or $0.67 per ordinary share ($0.68 per basic share), up 122% compared with $2.0 million, or $0.29 per ordinary share ($0.30 per basic share), for the second quarter of 2021.
On a non-GAAP basis (as described and reconciled below), net income for the quarter totalled $4.7 million, or $0.70 per diluted share ($0.71 per basic share), up 61% compared with $2.9 million, or $0.42 per diluted share ($0.43 per basic share), for the second quarter of 2021.
First Six Months: Silicom's revenues for the first half of 2022 totalled $66.2 million, up 12% compared with $59.3 million for the first half of 2021.
On a GAAP basis, net income for the period totalled $6.7 million, or $0.99 per diluted share ($1.00 per basic share), up 45% compared with $4.6 million, or $0.66 per diluted share ($0.67 per basic share) for the first half of 2021.
On a non-GAAP basis (as described and reconciled below), net income for the period totalled $7.7 million, or $1.14 per diluted share ($1.16 per basic share), up 31% compared with $5.9 million, or $0.84 per diluted share ($0.86 per basic share) for the first half of 2021.
Guidance
While multiple large design wins have given us an all-time-record backlog, our ability to deliver continues to be impacted by the global components crisis, which we expect to continue into 2023. We therefore project revenues for the third quarter of 2022 to range between $38 million and $40 million. The midpoint of this range represents 18% year-over-year revenue growth over the third quarter of 2021.
Comments of Management
Liron Eizenman, Silicom's President and CEO, commented, "The second quarter was a period of solid growth in revenues, margins and EPS, driven by stronger-than-ever demand for our products coupled with scrupulous attention to operational efficiency. Our revenue growth continues to reflect the accelerating transition of mainstream players – from industrials and online retail giants to telcos and service providers - to disaggregated/decoupled networks, driving demand for Silicom's must-have enabling solutions. It also reflects our success in maintaining a strong delivery rate in the face of the global shortages, primarily through determined product and operational innovation, and careful inventory management.
"The combination of spot-on products and ability-to-deliver continues to bring us more and larger design wins. For example, during the quarter, one of the SD-WAN market's largest vendors placed $15 million in orders for our SD-WAN Smart Platforms due for shipment in 2022, and guided us to expect annual orders above $25 million for the next several years. In parallel, discussions continue with a broad variety of telcos, networking equipment providers and partners regarding exciting new opportunities."
Mr. Eizenman concluded, "Looking forward, given the all-time-record level of our pipeline and our reputation as a 'can-deliver' provider despite challenges – all compounded by the speed with which our target markets are developing - we are well positioned for continued strong growth in the years ahead."
Conference Call Details
Silicom's Management will host an interactive conference today, July 28th, at 9am Eastern Time (6am Pacific Time, 4pm Israel Time) to review and discuss the results.
To participate, investors may either listen via a webcast link hosted on Silicom's website or via the dial-in. The link is under the investor relations' webcast section of Silicom's website at https://www.silicom-usa.com/webcasts/
For those that wish to dial in via telephone, one of the following teleconferencing numbers may be used:
US: 1 866 860 9642
ISRAEL: 03 918 0609
INTERNATIONAL: +972 3 918 0609
At: 9:00am Eastern Time, 6:00am Pacific Time, 4:00pm Israel Time
It is advised to connect to the conference call a few minutes before the start.
For those unable to listen to the live call, a replay of the call will be available for three months from the day after the call under the above-mentioned webcast section of Silicom's website.
Non-GAAP Financial Measures
This release, including the financial tables below, presents other financial information that may be considered "non-GAAP financial measures" under Regulation G and related reporting requirements promulgated by the Securities and Exchange Commission as they apply to our company. These non-GAAP financial measures exclude compensation expenses in respect of options and RSUs granted to directors, officers and employees, taxes on amortization of acquired intangible assets, as well lease liabilities - financial expenses (income). Non-GAAP financial measures should be evaluated in conjunction with, and are not a substitute for, GAAP financial measures. The tables also present the GAAP financial measures, which are most comparable to the non-GAAP financial measures as well as reconciliation between the non-GAAP financial measures and the most comparable GAAP financial measures. The non-GAAP financial information presented herein should not be considered in isolation from or as a substitute for operating income, net income or per share data prepared in accordance with GAAP.
About Silicom
Silicom Ltd. is an industry-leading provider of high-performance networking and data infrastructure solutions. Designed primarily to improve performance and efficiency in Cloud and Data Center environments, Silicom's solutions increase throughput, decrease latency and boost the performance of servers and networking appliances, the infrastructure backbone that enables advanced Cloud architectures and leading technologies like NFV, SD-WAN and Cyber Security. Our innovative solutions for high-density networking, high-speed fabric switching, offloading and acceleration, which utilize a range of cutting-edge silicon technologies as well as FPGA-based solutions, are ideal for scaling-up and scaling-out cloud infrastructures.
Silicom products are used by major Cloud players, service providers, telcos and OEMs as components of their infrastructure offerings, including both add-on adapters in the Data Center and stand-alone virtualized/universal CPE devices at the edge.
Silicom's long-term, trusted relationships with more than 200 customers throughout the world, its more than 400 active Design Wins and more than 300 product SKUs have made Silicom a "go-to" connectivity/performance partner of choice for technology leaders around the globe.
For more information, please visit: www.silicom.co.il
Statements in this press release which are not historical data are forward-looking statements which involve known and unknown risks, uncertainties, or other factors not under the company's control, which may cause actual results, performance, or achievements of the company to be materially different from the results, performance, or other expectations implied by these forward-looking statements. These factors include, but are not limited to, Silicom's increasing dependence for substantial revenue growth on a limited number of customers in the evolving cloud-based, SD-WAN, NFV and Edge markets, the speed and extent to which solutions are adopted by these markets, likelihood that Silicom will rely increasingly on customers which provide solutions in these evolving markets, resulting in an increasing dependence on a smaller number of larger customers, difficulty in commercializing and marketing of Silicom's products and services, maintaining and protecting brand recognition, protection of intellectual property, competition, disruptions to our manufacturing and development along with general disruptions to the entire world economy relating to the spread of the novel coronavirus (COVID-19) and other factors detailed in the company's periodic filings with the Securities and Exchange Commission. These forward-looking statements can generally be identified as such because the context of the statement will include words, such as "expects," "should," "believes," "anticipates" or words of similar import. Similarly, statements that describe future plans, objectives or goals are also forward-looking statements. In light of significant risks and uncertainties inherent in forward-looking statements, the inclusion of such statements should not be regarded as a representation by the company that it will achieve such forward-looking statements. The company disclaims any duty to update such statements, whether as a result of new information, future events, or otherwise.
-- FINANCIAL TABLES FOLLOW –
View original content:
SOURCE Silicom Ltd.
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https://www.wlbt.com/prnewswire/2022/07/28/silicom-reports-q2-2022-financial-results/
| 2022-07-28T13:39:13
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en
| 0.93379
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You need to enable JavaScript to run this app.
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https://sportspyder.com/nfl/jacksonville-jaguars/articles/40207495
| 2022-07-28T13:39:15
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en
| 0.738227
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Neobanking market to surge three times to USD 11.65 billion by FY25: Report
- Country:
- India
The country's neobanking market is expected to witness over three-fold jump to reach USD 11.65 billion (about Rs 92,000 crore) by FY25, a report said on Thursday.
Due to the sheer scale of the Indian market, there is a substantial opportunity for neobanking to create value for a large segment of customers, all while leveraging the large talent pool available to create high quality technology driven banking products, Grant Thornton Bharat said in a report.
The neobanking market is well positioned to capitalise on the growing digital economics and achieve rapid growth due to the very dynamic local market with significant upside in terms of the revenue generation potential, it said.
The Indian neobanking market was valued at USD 3.42 billion as of FY22 and is expected to grow at a three-year Compound Annual Growth Rate (CAGR) of 50.5 per cent to reach USD 11.65 billion by FY25.
Neobanks can be defined as branchless digital banks interacting directly with customers and providing them a seamless banking experience.
Neobanks are curating customised financial services products delivering them completely online either through strategic partnerships or creating their own products after approvals from concerned regulators.
Currently, RBI neither recognises purely virtual banks nor regulate them.
The report suggests that the regulator must ensure that there is a regulatory clarity, consistent monitoring and oversight.
With the Indian growth story counting heavily on its young population and more than 50 per cent of the population below the age of 28, the report assesses future consumer trends will be dictated by the first generation of truly digital natives in the banking sector.
This generation rarely visits branches for transactions and has very different expectations from their banks on products, service delivery and the transaction experience.
According to Jaikrishnan G, Partner, Financial Services Consulting, Grant Thornton Bharat, the neobanking industry may face challenges from the entrenched players, their dependency on banks, security concerns, regulatory ambiguity, increased competition from fintechs and super-apps that combine elements of e-commerce, payments and financial services into the same platform.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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HDFC Bank Partners With NIIT to Train and Hire Data Engineers
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https://www.devdiscourse.com/article/business/2125667-neobanking-market-to-surge-three-times-to-usd-1165-billion-by-fy25-report
| 2022-07-28T13:39:15
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| 0.935098
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PCIe Gen5x4 User Programmable SSD Solution Platform Addressing
Challenging Data Center and Enterprise Storage Applications
TAIPEI and MILPITAS, Calif., July 28, 2022 /PRNewswire/ -- Silicon Motion Technology Corporation (NASDAQ: SIMO) ("Silicon Motion"), a global leader in designing and marketing NAND flash controllers and solid-state storage devices today announces MonTitan™, a PCIe Gen5 SSD solution platform perfectly suited for the most challenging Datacenter and Enterprise applications.
Silicon Motion's new MonTitan™ platform features an entirely new, purpose-built ASIC and FW architecture, optimized for performance and QoS. Its unique Layered FW stack enables the development of customer differentiated solutions with a high degree of flexibility and accelerated time to market, all while reducing engineering cost.
"SSD storage solutions are evolving to address new challenges in data centers which demand changes in storage platforms and operating models," said Nelson Duann, Silicon Motion's Senior Vice President of Marketing and R&D. "Our MonTitan™ SSD solution is an innovative PCIe Gen5 SSD platform designed to satisfy the unique demands of datacenters today while providing flexibility and programmability to meet future evolving standards."
MonTitan™ is a high-performance, user-programmable PCIe Gen5 platform utilizing Silicon Motion's 3rd Generation NVMe controller family, the SM8366, supporting OCP Datacenter NVMe SSD and NVMe 2.0 specifications. Leveraging proprietary PerformaShape™ and NANDCommand™ technology, MonTitan™ delivers superb performance and QoS with industry-leading security.
Silicon Motion's MonTitan™ SSD solution platform features proprietary technology such as:
- PerformaShape™ provides ASIC-based QoS sets using HW isolation to ensure maximum BW performance while maximizing user defined individual performance elements (QOS, Latency, RR/RW, power).
- NANDCommand™ maximizes the Enterprise performance of next generation NAND geometries with exceptional LDPC error correction and endurance extension for QLC and beyond.
"Silicon Motion's launch of the MonTitan™ SSD solutions platform provides an interesting development vehicle with their Layered FW stack and flexible architecture to enable application-oriented solutions like QLC and ZNS SSDs. Alibaba has interest to further evaluate these solutions," said Feng Zhu, Director of Engineering & Architect, Alibaba Cloud.
"Next generation technologies such as PCIe 5.0, OCP Datacenter NVMe SSD Specification and E1.S are hyperscale needs to enable performance, thermals and management at scale. The Silicon Motion MonTitan™ platform supports PCIe 5.0, OCP Datacenter NVMe 2.0 SSD Specification and E1.S to meet the next generation hyperscale requirements," said Ross Stenfort, Hardware System Engineer, Meta.
The MonTitan™ SM8366 ASIC is a dual-ported Enterprise and Data Center PCIe Gen5 x4 NVMe controller with 16 channels supporting up to 2400MT/s. The SM8366 provides industry-leading blazingly fast 4K Sequential (> 14GB/s) and Random (>3.0M IOPS) SSD performance and contains a scalable Single / Dual Channel 40bit DDR4-3200 / DDR5-4800 DRAM interface. The high-performance SM8366 with the MonTitan™ platform unleashes the potential once limited by SSD storage architecture, providing flexible, high-integrity solutions to enable a new standard of data center SSD design.
"We would like to congratulate Silicon Motion on their successful launch of the SM8366 SSD controller and the high performance PCIe Gen5 MonTitan™ Platform,"said Atsushi Inoue, Senior Director, Memory Division, KIOXIA Corporation. "Silicon Motion's user programmable and feature-rich platform will enable a broad range of applications by bringing out our BiCS FLASH™ and XL-FLASH™ potential and opening up new opportunities to our mutual enterprise and data center customers."
"It is great to be working with Silicon Motion and their PCIe 5.0 MonTitan™ platform to enable our industry leading flash in their turnkey solutions," said Daniel Doyle, Director of NAND Component Marketing at Micron, "This collaboration enables our mutual customers to deploy the world's most advanced flash, including Micron's 176-layer QLC, to increase performance and density in customer solutions."
"We are pleased that Silicon Motion launched the PCIe Gen5 MonTitan™ SSD Platform. As a leading flash memory provider and core value contributor, YMTC will co-work with Silicon Motion's MonTitan™ platform to build a better future of memory eco-system enabled with YMTC's next generation NAND technologies," said Frank Fan, Head of Product Management, YMTC.
The MonTitan™ SSD platform comprised of the SM8366 standards-based Reference Hardware Design Kits and licensable Turnkey and Layered firmware stacks, will be sampling to early engagement partners in Q4'22.
Silicon Motion will display the MonTitan™ SSD solution platform from August 2 through August 4 at the Flash Memory Summit in Santa Clara, California. For further information, please visit: https://www.siliconmotion.com/events/2022FMS/
About Silicon Motion:
We are the global leader in supplying NAND flash controllers for solid state storage devices. We supply more SSD controllers than any other company in the world—for servers, PCs and other client devices—and are the merchant market leader in controllers for eMMC/UFS mobile embedded storage used in smartphones, IoT and other applications. We also supply customized high-performance hyperscale data center and specialized industrial and automotive SSD solutions. Our customers include most of the NAND flash vendors, storage device module makers and leading OEMs. For further information on Silicon Motion, visit us at www.siliconmotion.com.
View original content to download multimedia:
SOURCE Silicon Motion Technology Corporation
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https://www.wlbt.com/prnewswire/2022/07/28/silicon-motion-announces-montitantm/
| 2022-07-28T13:39:20
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| 0.854066
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You need to enable JavaScript to run this app.
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https://sportspyder.com/nfl/jacksonville-jaguars/articles/40207690
| 2022-07-28T13:39:22
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| 0.738227
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DUBLIN, July 28, 2022 /PRNewswire/ -- The "North America Peer-To-Peer Electric Vehicle Charging Market Size, Share & Industry Trends Analysis Report By Application (Residential and Commercial), By Charger Type (Level 2 and Level 1), By Country and Growth Forecast, 2022-2028" report has been added to ResearchAndMarkets.com's offering.
The North America Peer-To-Peer Electric Vehicle Charging Market is expected to witness market growth of 19.9% CAGR during the forecast period (2022-2028).
To broaden the scope of peer-to-peer electric charging solutions, many companies are focused on collaborations with utilities and energy corporations. For example, in January 2020, EVmatch announced a trial initiative with companies in the U.S. state of Vermont, such as Green Mountain Power and Burlington Electric Department, to create EV charging affordable and logical for multi-family dwellings. EV charging stations are also becoming more popular among apartment owners as a way to generate additional cash, recoup electricity bills, and attract new renters.
Governments around the world are focusing on providing subsidies for the establishment of peer-to-peer networks to overcome range anxiety issues associated with electric vehicles. The United States government, for example, has formed the Northeast Corridor Regional Strategy, which aims to encourage the integration and growth of peer-to-peer electric car charging networks and infrastructures.
Peer-to-peer charging stations are being introduced by several businesses to boost consumer satisfaction. The increasing number of firms working in the peer-to-peer electric car charging industry across the United States is helping to drive up usage.
Furthermore, makers of electric vehicle charging stations are concentrating on expanding collaborations with automobile manufacturers to deliver a seamless charging experience. For example, Tesla has installed 18 general populace charging stations in the state of California. The SF Bay Area Activities & Coalition has designated 109 sites where public charging stations will be constructed beginning in 2009, due to ARRA funds.
In May 2019, Transport Canada introduced a pan-Canadian EV rebate program, offering a $5,000 rebate toward the purchase of a new electric vehicle. In the second quarter of 2019, electric vehicle sales accelerated across Canada. However, in all markets, the rate of the additional sales did not last through the second quarter, implying that the lesser incentive amount may have a smaller or more transient impact than the $10,000 incentive previously offered in Ontario. EV sales in other Canadian markets with legislative incentive programmes increased marginally after the initial bump in the second quarter of 2019.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Residential
- Apartments
- Private Homes
- Commercial
- Destination Charging Station
- Fleet Charging Station
- Workplace Charging Station
- Others
By Charger Type
- Level 2
- Level 1
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- ChargePoint Holdings, Inc.
- Enphase Energy, Inc. (ClipperCreek, Inc.)
- Enel X Italia Srl (Enel Group)
- EVBox (Engie SA)
- EVmeter LTD.
- Shell Recharge Solutions (Shell plc)
- Innogy SE (E. ON SE)
- Power Hero, Inc.
- Webasto Group
Key Topics Covered:
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Strategies deployed in Peer-To-Peer Electric Vehicle Charging Market
Chapter 4. North America Peer-To-Peer Electric Vehicle Charging Market by Application
Chapter 5. North America Peer-To-Peer Electric Vehicle Charging Market by Charger Type
Chapter 6. North America Peer-To-Peer Electric Vehicle Charging Market by Country
Chapter 7. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/r/88pidb
Media Contact:
Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: http://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets
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https://www.prnewswire.com/news-releases/north-america-peer-to-peer-electric-vehicle-charging-market-report-2022-2028-government-subsidies-fueling-industry-expansion-301595140.html
| 2022-07-28T13:39:24
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| 0.90089
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After spurt in snags, DGCA says Indian carriers have now posted qualified engg staff at all stations
- Country:
- India
Aviation regulator DGCA on Thursday said airlines have now posted qualified engineering personnel at all their stations after the carriers were asked to do so in the wake of spate of technical snags in recent weeks.
With Indian airlines reporting multiple technical malfunction incidents during the last 45 days, the Directorate General of Civil Aviation (DGCA) on July 18 said it conducted spot checks and found that insufficient and unqualified engineering personnel are certifying planes of various carriers before their departure. Before each departure, an aircraft is checked and certified by an aircraft maintenance engineer (AME).
The DGCA had on July 18 asked the airlines to deploy sufficient and qualified AME personnel by July 28.
''Based on reports of increased engineering related occurrences in scheduled airlines in recent times, DGCA conducted several audit/ spot checks which indicated improper identification of cause of a reported defect, increasing trend of MEL (minimum equipment list) releases and insufficient certifying staff,'' the DGCA said in a statement. ''MEL releases'' means an aircraft is allowed to fly with certain inoperative equipment or instruments for a specific period of time, until the repairs are done.
The regulator further said that in order to address the shortfalls a series of meetings were held with the airlines wherein they were told to make available the required type rated certifying staff at all stations for ensuring that the defects are properly rectified before the aircraft is released for operations.
''All airlines have informed that all stations have now been manned by type rated certifying staff by sending them on either 'temporary posting' or 'on flight duty','' it mentioned.
The DGCA had on Wednesday ordered SpiceJet to operate not more than 50 per cent of its flights for eight weeks after several of its planes reported technical malfunction recently. During these eight weeks, the budget carrier will be subjected to ''enhanced surveillance'' by the DGCA.
The airline, however, said there will be no flight cancellations because of the regulator's order as it is already operating limited services due to the ''current lean travel season.'' SpiceJet's planes were involved in at least eight incidents of technical malfunction between June 19 and July 5, following which the DGCA on July 6 issued a show cause notice to the airline.
Planes of other airlines such as IndiGo, Go First and Air India were also involved in such incidents during the last 45 days.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Air India
- SpiceJet
- DGCA
- Indian
- Directorate General of Civil Aviation
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https://www.devdiscourse.com/article/business/2125676-after-spurt-in-snags-dgca-says-indian-carriers-have-now-posted-qualified-engg-staff-at-all-stations
| 2022-07-28T13:39:23
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en
| 0.971175
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MORRISVILLE, N.C., July 28, 2022 /PRNewswire/ -- The Soil Health Institute (SHI) has released the agenda for its upcoming annual meeting to be held virtually on Aug. 11-12. Attendees at this year's annual meeting of the Soil Health Institute can expect a content-rich program ranging from scientific results to their translation and implementation, all designed to increase on-farm and environmental benefits by "Scaling Up Soil Health."
The keynote presentation for this year's meeting will be provided by Jane Ewing, Senior Vice-President for Sustainability, Walmart. This presentation will be followed by a session entitled "Engaging Commodities for Scaling Adoption of Regenerative Soil Health Systems in Cotton." In this session, which features three panel discussions, participants will learn about the tactics different organizations and individuals are using to bring on-farm and environmental benefits of soil health to scale.
In the first panel, farmers will discuss the challenges they encountered and overcame when adopting regenerative soil health systems in different soils and climates. In the second panel, leaders from Ralph Lauren, Walmart Foundation, VF Corporation, and Levi Strauss & Co. will discuss how they are supporting farmers in adopting soil health practices to achieve societal, environmental, and other goals. Insights into supply chain standards to further connect the market for fiber grown using soil health systems will be provided by a third panel of leaders from the Textile Exchange; Cotton, Inc.; U.S. Cotton Trust Protocol; and 2050.cloud.
Highlighting the afternoon of Aug. 11 is "Climate Change Mitigation through Soil Health," a session that discusses current programs ranging from local to global initiatives. This session will include a presentation by SHI on comparing strategies for assessing soil carbon stocks. Lessons learned from implementing such strategies at a regional scale will be described by Truterra, while programs to address climate change through soil health at the national scale will be presented by leaders from USDA-NRCS and Dairy Management, Inc. The session will close with a presentation on the "4 per 1000 Initiative," which uses soil health to address food security and climate goals at a global scale.
On Day Two of the meeting (Aug. 12), scientists from SHI will present results of a 3-year, $6.5-million project to assess and identify the most effective measurements of soil health. Management impacts on the carbon cycle, nitrogen cycle, water cycle, and soil microbiome will be presented, culminating in an announcement of the Institute's recommended measurements for assessing soil health across North America and beyond.
That afternoon, a panel on "Creating Impactful Learning Opportunities in Soil Health Education Programs" will be led by one of SHI's soil health educators. Panelists ranging from a farmer to a university educator to a Regional Director of USDA's Sustainable Agriculture Research & Education program will share their experiences and creative techniques for increasing effectiveness of soil health education programs.
Registration is free but required to participate. Continuing Education Credits will be offered. Register here.
The Soil Health Institute is a global non-profit with a mission of safeguarding and enhancing the vitality and productivity of soils through scientific research and advancement. Our vision is a world where farmers and ranchers grow quality food, fiber, and fuel using soil health systems that sustain farms and rural communities, promote a stable climate and clean environment, and improve human health and well-being. Accordingly, the Institute brings together leaders in soil health science and the industry to conduct research and empower farmers and other landowners with the knowledge to successfully adopt regenerative soil health systems that contribute economic and environmental benefits to agriculture and society. The Institute's scientific team holds doctorates in various soil science and related disciplines, with specialties in carbon cycling, nutrient cycling, water cycling, nutrient management, soil microbiome, farmer/adviser education, ecosystem services, soil-plant relationships, on-farm economics, and others. The team follows a comprehensive strategy for advancing adoption of regenerative soil health systems.
Healthy soils are the foundation for restoring our land. Together, we can create a secure future for all, mitigate the effects of climate change, and help farmers and organizations meet production and environmental goals at scale. Visit www.soilhealthinstitute.org to learn more, and follow us on YouTube, LinkedIn, Twitter, and Facebook.
Contact:
Loutrina Staley
lstaley@soilhealthinstitute.org
View original content to download multimedia:
SOURCE Soil Health Institute
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https://www.wlbt.com/prnewswire/2022/07/28/soil-health-institute-announces-agenda-scaling-up-soil-health-virtual-annual-meeting/
| 2022-07-28T13:39:27
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| 0.920137
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Leveraging advanced DM technology and data expertise Pivotree to ensure ambitious data goals are achieved
TORONTO, July 28, 2022 /PRNewswire/ - Pivotree Inc. (TSXV: PVT) ("Pivotree'' or the "Company"), a leading provider of frictionless commerce solutions, announced today it has been selected since March 2022 by IBC Industrial Supply Plus Inc ("IBC") to provide end-to-end data management services that will assist them in delivering organized, sustainable content to drive customer satisfaction. Pivotree's team of experts will support IBC in conversion of SKU's and support the ongoing data cleansing process utilizing Pivotree's proprietary IP Platform to automate the classification, data mapping, and normalization of supplier data into the IBC PIM data standards.
IBC is an industrial buying group and provider of Maintenance, Repair, Operating and Production (MROP) supply chain solutions. IBC leverages the individual strengths of its buying group members to drive overall business success for Manufacturers, Independent Distributors and End Users. Its network includes Independent Distributor locations throughout North America and in parts of Canada and Mexico.
"Data management is a foundational component of any retailer's digital transformation journey and a strategic pillar of Pivotree's frictionless commerce strategy," Vincent Maurici, Vice President, Strategy & Solutions, Pivotree. "IBC recognized the need for Pivotree as an experienced strategic partner to help them realize their ambitious data management and digital transformation goals, that will enable them to provide distributor members, supplier partners, and end-user manufacturers, with a frictionless experience to support their success."
"In our line of work, having a consistent data supplier partner with the technology to quickly scale and onboard product information in an automated manner has been invaluable in reducing our costs and ensuring we get normalized rich-content data to our distributor as quickly as possible,'' said Scott Bebenek, Vice President Industrial Buying Group, IBC. "We're confident we've found that partner in Pivotree because of their capability to handle enterprise and product data content from start to finish and we've been very pleased with the quality and turnaround time of their work thus far."
Pivotree is equipped to design and deliver all the aspects of the product content lifecycle which helps to enhance customer experience and loyalty. Pivotree will implement a content personalization strategy to encourage content quality improvement and develop more engaging digital experiences for IBC clients.
Pivotree's portfolio of products, managed and professional services help provide B2B2C digital businesses with true end-to-end service to manage complex digital commerce platforms, along with ongoing support from strategic planning through product selection, deployment, and hosting, to data and supply chain management.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
About Pivotree
Pivotree, a leader in frictionless commerce, designs, builds and manages digital platforms in Commerce, Data Management, and Supply Chain for over 250 major retail and branded manufacturers globally. Pivotree's portfolio of digital solutions, managed and professional services help provide retailers with true end-to-end solutions to manage complex digital commerce platforms, along with ongoing support from strategic planning through platform selection, deployment, and hosting, to data and supply chain management. Headquartered in Toronto, Canada with offices and customers in the Americas, EMEA, and APAC, Pivotree is widely recognized as a high-growth company and industry leader. For more information, visit www.pivotree.com.
SOURCE Pivotree Inc.
|
https://www.prnewswire.com/news-releases/pivotree-and-leading-industrial-buying-group-ibc-announce-new-data-as-a-service-daas-partnership-301594869.html
| 2022-07-28T13:39:30
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| 0.930603
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DU's Academic Council to meet on Aug 3 to discuss FYUP syllabi
Delhi Universitys Academic Council will meet on August 3 to discuss the syllabi of the first semester of the four-year undergraduate programmes based on the newly introduced Under Graduate Curriculum Framework.Resolutions in this regard have been put forward by the universitys standing committee and will come up for approval during the meeting.The new curriculum will be implemented from the academic year 2022-23.
- Country:
- India
Delhi University's Academic Council will meet on August 3 to discuss the syllabi of the first semester of the four-year undergraduate programmes based on the newly introduced Under Graduate Curriculum Framework.
Resolutions in this regard have been put forward by the university's standing committee and will come up for approval during the meeting.
The new curriculum will be implemented from the academic year 2022-23. The Executive Council (EC), DU's top decision-making body, had in February approved an Undergraduate Curriculum Framework-2022 (UGCF-2022), as formulated by a National Education Policy Cell.
The Academic Council, chaired by DU Vice-Chancellor (VC) Yogesh Singh, will meet on August 3 to finalise the syllabi of the four-year undergraduate programmes (FYUP), according to the agenda of the AC meeting accessed by PTI.
The syllabi of 100 undergraduate courses will come up for discussion during the meeting. Some of the courses are -- BA (Hons) Business Economics, BA (Hons) Multi-Media and Mass Communication, B.Sc Electronic Science and B.Sc (H) Microbiology.
The syllabi have been prepared by the course committees and passed by a standing committee. A course committee comprises five professors — two from the concerned department and three college professors.
The syllabi will now be presented to the Academic Council (AC). Following the AC's approval, the syllabi will be taken up by the EC.
The university had earlier implemented the FYUP in 2013 but the programme was scrapped by the Centre. This time, however, the FYUP will be different from the previous one, DU has said.
The AC will also consider the recommendations of an inspection committee constituted by the VC for starting an MS (Orthodontics and Dentofacial Orthopedics) course with an intake of two seats per year at the University College of Medical Sciences from this academic year, subject to approval from the funding agency.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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https://www.devdiscourse.com/article/education/2125517-dus-academic-council-to-meet-on-aug-3-to-discuss-fyup-syllabi
| 2022-07-28T13:39:31
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en
| 0.955655
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SAM Business Portal™ allows for direct purchase of augmented reality (AR) immersive advertising and metaverse land that is superimposed right onto the physical world where life happens.
NEW YORK, July 28, 2022 /PRNewswire/ -- Spotselfie, the leader in AR social networking, today announced the beta launch of its most recent development, The SAM Business Portal (Socialize, Advertise, & Monetize), which allows companies to place GPS-located AR ads in real time at any live event around the world.
The SAM Business portal is a feature developed in conjunction with Spotselfie's AR patented technology, Spotland™ ownership, and vision to equalize advertising exposure for businesses. Customers are able to identify as a small business or a large corporation, select an area via GPS location, then customize their advertisement to be viewed through the app's augmented reality lens. By accessing the metaverse through a standard smart phone app, users will begin to see augmented reality ad placements relevant to their immediate surroundings and their unique urMojo™, Spotselfie's patented personal profile mechanism.
Spotland allows for businesses to have a digital twin of the company's physical location, giving them the power to immerse their brand, marketing, and customers into the new digital world. Based on diameter size, companies are able to purchase metaverse land and hold administrative rights including the name, digital GPS locations and managing the social content and advertising associated with it.
Ray Shingler, Co-Founder and Vice President of Product Development for Spotselfie, said, "We want to help small businesses get back on their feet after the Covid-19 pandemic, by offering them a customized advertising model directly into our social metaverse. Small businesses can now place AR ads at any live event where our users are, including concerts, sports events, entire city blocks, and anywhere around the world. The SAM BusinessPortal gives small businesses the power to compete against large corporations, leveling the advertising playing field with our patented innovative AR technology."
This feature is now live on the Spotselfie website. From there, businesses are able to begin crafting their advertisements for review and share with the Spotselfie network. Learn more about The SAM Business portal at https://www.spotselfieapp.com/sam-business-portal.html
About Spotselfie:
Spotselfie™ is an innovative augmented reality powered social metaverse that allows users to post virtual objects, pictures, videos, stickers, and other digital material geotagged to locations around the globe. Created specifically for live social interaction, this patented technology allows other users on the app to view the posted content in AR via their own phones, as they walk throughout the digital landscape simultaneously. Learn more at: https://www.spotselfieapp.com
Media Contact:
Paul Bilardo
paul@relativity.ventures
View original content to download multimedia:
SOURCE Spotselfie
|
https://www.wlbt.com/prnewswire/2022/07/28/spotselfie-announces-disruptive-technology-social-metaverse-advertising-amp-digital-real-estate-ownership/
| 2022-07-28T13:39:34
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en
| 0.927991
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STOCKHOLM, July 28, 2022 /PRNewswire/ --
April–June 2022
- Total sales MSEK 30 535 (26 499)
- Organic sales growth 6 percent (8)
- Operating income before amortization MSEK 1 760 (1 471)
- Operating margin 5.8 percent (5.6)
- Items affecting comparability (IAC) MSEK –226 (–259), mainly relating to the previously announced transformation programs
- Earnings per share SEK 2.79 (2.09)
- Earnings per share, before IAC, SEK 3.33 (2.64)
- Cash flow from operating activities 53 percent (63)
January-June 2022
- Total sales MSEK 59 133 (52 313)
- Organic sales growth 5 percent (4)
- Operating income before amortization MSEK 3 212 (2 727)
- Operating margin 5.4 percent (5.2)
- Items affecting comparability (IAC) MSEK –360 (–395), mainly relating to the previously announced transformation programs
- Earnings per share SEK 5.09 (3.95)
- Earnings per share, before IAC, SEK 5.90 (4.75)
- Net debt/EBITDA 2.2 (2.2)
- Cash flow from operating activities 25 percent (81)
Comments from the President and CEO
"Strong operational results and completion of Stanley Security acquisition"
We are executing on our strategy to be the leading security solutions partner to our clients with world-leading technology and expertise. We delivered all time high profitability and improved the operating margin to 5.8 percent (5.6) in the second quarter, a level which is significantly higher than the pre-pandemic years.
The good business conditions accelerated in the second quarter with organic sales growth of 6 percent (8), driven by Europe and Ibero-America. As planned, organic sales growth in North America was negative in the second quarter due to the low margin contract terminations from last year and lower extra sales. However, the underlying business in North America is developing very well and we expect organic sales growth to return to positive in the third quarter.
We had great momentum within high-margin security solutions and electronic security sales in the second quarter with 13 percent real sales growth, which represented 23 percent (22) of Group sales.
The operating result for the Group, adjusted for changes in exchange rates, increased by 8 percent in the second quarter. Our operations in North America and Ibero-America delivered strong margin improvement. Europe improved well compared to the first quarter with strong operating result improvement compared to last year, despite continued pressure from costs related to labor shortage and sickness. The inflationary environment is challenging across the Group, but we have successfully managed a positive price and wage balance. Dynamic price increase management is a key priority going forward to ensure quality delivery to our clients.
Our high focus on improving client value and profitability is generating results with higher sales of security solutions and electronic security across all segments together with positive impact from active portfolio management and our transformation programs.
CREATING THE NEW SECURITAS
The transformation program in North America which was finalized in 2021, is delivering value in the day-to-day operations and contributes to the operating margin development. The ongoing business trans-formation programs in Europe and Ibero-America are progressing according to plan and we expect to realize strong financial and operational benefits in the years to come.
In the second quarter, we reached an important sustainability milestone as the first major company in the industry that is committing to the Science Based Targets initiative (SBTi), and we are now beginning the process of developing and validating targets to reduce the Group's climate impact.
On July 22 we closed the acquisition of Stanley Security. We are very pleased that the acquisition is formally completed, and I want to welcome all of Stanley Security's clients and employees into Securitas. Our joint integration preparation work has been solid and we now look forward to accelerating our journey together and immediately executing on our value creation plan.
Bringing together our two great companies is an industry-defining event. Combining our talent and expertise sets us up for stronger growth thanks to an outstanding client offering and we expect significant margin enhancement opportunities going forward. Our shared values and high sustainability ambitions enable us to utilize our potential to provide tech-enabled security solutions that create long-term value for our clients, our shareholders and the society at large.
We are looking forward to update you on the strategy and announce new financial targets at the Investor update on August 24. We are welcoming all our shareholders to participate on this exciting journey in the rights issue connected to the transaction which will be launched in September.
Magnus Ahlqvist
President and CEO
FINANCIAL INFORMATION CALENDAR
August 24, 2022, 2.00 p.m. (CET)
Investor update
November 8, 2022, app. 1.00 p.m. (CET)
Interim Report
January–September 2022
February 7, 2023, app. 1.00 p.m. (CET)
Full-year Report
January–December 2022
For further information regarding Securitas IR activities, refer to
www.securitas.com/investors/financial-calendar
PRESENTATION OF THE INTERIM REPORT
Analysts and media are invited to participate in a telephone conference on July 28, 2022, at 2.30 p.m. (CET) where President and CEO Magnus Ahlqvist and CFO Andreas Lindback will present the report and answer questions. The telephone conference will also be audio cast live via Securitas' website. To participate in the telephone conference, please dial in five minutes prior to the start of the conference call:
US: +1 631 913 1422
Sweden: +46 8 566 426 51
UK: +44 333 3000 804
Please use the following pin code for the telephone conference: 621 490 78#
To follow the audio cast of the telephone conference via the web, please follow the link www.securitas.com/investors/webcasts.
A recorded version of the audio cast will be available at
www.securitas.com/investors/webcasts after the telephone conference.
For further information, please contact:
Micaela Sjökvist, Vice President, Investor Relations +46 76 116 7443
ABOUT SECURITAS
Securitas has a leading global and local market presence with operations in 47 markets. Our operations are organized in three business segments: Security Services North America, Security Services Europe and Security Services Ibero-America. We also have operations in Africa, the Middle East, Asia and Australia, which form the AMEA division. Securitas serves a wide range of clients of all sizes in a variety of industries and segments. Security solutions based on client-specific needs are built through different combinations of on-site, mobile and remote guarding, electronic security, fire and safety, and corporate risk management. We adapt our security solutions based on the risks and needs of each client through increased client engagement and continuously enhanced knowledge. Securitas is listed in the Large Cap segment at Nasdaq Stockholm.
Group strategy
At Securitas, we are leading the transformation of the security industry by putting our clients at the heart of our business. We solve our clients' security needs by offering qualified and engaged people, in-depth expertise and innovation within each of our protective services, the ability to combine services into solutions and by using data to add further intelligence. To execute on our strategy to become a security solutions partner with world-leading technology and expertise, we are focusing on four areas: empowering our people, client engagement, protective services leadership and innovation, and efficiency.
Group financial targets
Securitas has three financial targets:
- An annual average increase in earnings per share of 10 percent
- Net debt to EBITDA ratio of on average 2.5
- An operating cash flow of 70 to 80 percent of operating income before amortization
Securitas has also set a strategic transformation ambition – to double our security solutions and electronic security sales by 2023, compared with 2018.
Securitas AB (publ.)
P.O. Box 12307, SE-102 28 Stockholm, Sweden
Visiting address:
Lindhagensplan 70
Telephone: +46 10 470 30 00
Corporate registration number: 556302–7241
This is information that Securitas AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 1.00 p.m. (CET) on Thursday, July 28, 2022.
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/securitas/r/securitas-ab-interim-report-january-june-2022,c3608014
The following files are available for download:
SOURCE Securitas
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https://www.prnewswire.com/news-releases/securitas-ab-interim-report-januaryjune-2022-301595241.html
| 2022-07-28T13:39:36
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https://sportspyder.com/nba/golden-state-warriors/articles/40206685
| 2022-07-28T13:39:40
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BOSTON, July 28, 2022 /PRNewswire/ -- The Stepping Stones Group (Stepping Stones), a premier, national provider of therapeutic, behavioral, autism, nursing and educational services to children in school, home and community settings, is pleased to announce the acquisition of Center for Behavioral, Educational, and Social Therapies (C.B.E.S.T), a provider of ABA services in the greater Los Angeles area.
"Dr. Shah Bahador has built a high-quality, mission-driven organization and I look forward to partnering with him to expand our behavioral services and transform more lives in the Los Angeles area," remarked Tim Murphy, the Chief Executive Officer of The Stepping Stones Group.
"I am excited to join Stepping Stones. Their national reach and resources will allow us to better make a difference in children's lives," stated Dr. Shah Bahador, Founder, Clinical Director and Chief Executive Officer of C.B.E.S.T.
Shah Bahador will assume the role of Clinical Director and will report to Anthony Rintala, President and COO, K-12 Practice.
Hexagon Capital Alliance, a leading mergers and acquisitions firm, represented C.B.E.S.T in this transaction.
The Stepping Stones Group is a leading provider of therapeutic and behavioral services to children including those with special needs and autism. The company serves over 1,000 clients and 300,000 children annually across 45 states. With over 30 years of experience, our team consists of over 8,000 employees including licensed clinicians and special educators, dedicated to delivering high-quality therapeutic and behavioral services. For more information: https://thesteppingstonesgroup.com/.
Established in 2002, C.B.E.S.T provides Behavior Therapy to students who have neurodevelopmental and/or emotional disorders, such as autism spectrum disorder, an intellectual disability, attention deficit/hyperactivity disorder, speech/language issues, and specific learning disorders. For more information: https://www.centerbest.com/
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SOURCE The Stepping Stones Group
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https://www.wlbt.com/prnewswire/2022/07/28/stepping-stones-group-acquires-center-behavioral-educational-social-therapies-cbest/
| 2022-07-28T13:39:41
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BOULDER, Colo., July 28, 2022 /PRNewswire/ -- Many of the world's leading neurosurgeons gathered to share experiences on new technologies that are making minimally invasive surgical approaches and associated improved patient outcomes more achievable in neurosurgery. A key subject of interest was the neurosurgeon's role in advancing precision medicine through the collection and biological preservation of tissue in tumors such as Glioblastoma Multiforme (GBM), one of the most complex, deadly and treatment-resistant cancers that accounts for nearly half of all primary malignant brain tumors.
"We have tremendous challenges to improve the survival rates for patients diagnosed with GBM," said Henry Brem, MD, chairman, Department of Neurosurgery at Johns Hopkins Medicine and keynote presenter of Tissue is the Issue in the Molecular Era: How the Neurosurgeon Uniquely Meets the Unmet Need. "Through advancements in collecting and preserving biologically active tissue that is critical to an accurate pathological diagnosis and care we deliver to our patients through precision medicine, we are seeing real opportunities for potentially impacting this devastating disease.
"Because of the national call to action to do better in cancer therapies for the patient, advancements in precision medicine has created a growing demand for high quality tissue collection and precise analysis," Brem added. "We're seeing very good results with tissue we are collecting and sending to pathology."
Other areas of discussion at the 9th Annual Meeting of the Subcortical Surgery Group (SSG) focused on MIPS (Minimally Invasive Parafascicular Surgery) in vascular neurosurgery – specifically, hemorrhagic stroke (ICH), the most debilitating and deadly – and the evolving topics of brain computer interface, integrated neuro monitoring, MIPS for traumatic ICH, and surgeries using awake craniotomy.
Sebastian Koga, MD, neurosurgeon in New Orleans, has attended the past four SSG meetings: "Of all the meetings available to attend that are both CME and Non-CME, this is the one that has changed my practice and continues to provide valuable, actionable information based on science."
This year's diverse topics featured more than 25 presenters, including 10 neurosurgery chairs from hospitals and teaching institutions in the U.S., Australia and United Kingdom. The SSG mission is optimizing MIPS through scientific collaborative research and technology applications that are better for the patient, hospital and surgeon.
"It's a very exciting time in neurosurgery," said Julian Bailes, MD, SSG president and chair of the Department of Neurosurgery at NorthShore University HealthSystem. "Years of research and technology advancements continue to improve methods for approaching and treating subcortical (inside the brain) tumors and hemorrhagic stroke.
"Neurosurgeons in this group are helping to forge new pathways that could help cancer patients beyond those with brain tumors," added Bailes. "Today's neurosurgeon is increasing the odds of not just patient survival rates, but also an improved quality of life."
To learn more about the SSG, visit the website, follow on Twitter, or view surgical videos on YouTube.
Contact: Sue Goin
[email protected]
317.402.8690
SOURCE Subcortical Surgery Group
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https://www.prnewswire.com/news-releases/top-neurosurgeons-from-three-continents-gather-to-share-advancements-in-brain-tumor-science-its-impact-on-todays-cancer-therapies-and-hemorrhagic-stroke-treatment-301594971.html
| 2022-07-28T13:39:42
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‘Har Ghar Tiranga’ campaign: No one should have objection to hoist national flag, says Omar Abdullah
National Conference NC vice president Omar Abdullah Thursday said no one should have objection to hoist national flag as part of the Centres Har Ghar Tiranga campaign, but there should be no compulsion as well. There is a need to think over that, but, as far as the Har ghar Tiranga campaign is concerned, I do not think there should be any objection, he added.
- Country:
- India
National Conference (NC) vice president Omar Abdullah Thursday said no one should have an objection to hoisting the national flag as part of the Centre's 'Har Ghar Tiranga' campaign, but there should be no compulsion as well. "Why should anyone have any objection to it? It is the country's flag, there is permission to hoist it at home. This is the government's mission and I do not think anyone should have any objection to it. The only difference is that there should be no compulsion. No one should forcibly stop anyone from hoisting it and in the same manner, no one should force anyone to hoist it,'' Omar told reporters here. The former J-K chief minister said there were reports that school students were asked to deposit money, or that money was taken from the salaries of the employees. "There is a need to think over that, but, as far as the 'Har Ghar Tiranga' campaign is concerned, I do not think there should be any objection," he added. Omar declined to comment on a question about assembly elections in J-K, saying "I have not heard anything about elections".
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- National Conference (NC
- Omar
- Omar Abdullah
- Tiranga
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https://www.devdiscourse.com/article/education/2125518-har-ghar-tiranga-campaign-no-one-should-have-objection-to-hoist-national-flag-says-omar-abdullah
| 2022-07-28T13:39:40
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| 0.977621
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https://sportspyder.com/nba/golden-state-warriors/articles/40206814
| 2022-07-28T13:39:46
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| 0.738227
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TREE TOP UNLOCKS THE POWER OF FRUIT AND VITAMINS WITH THE TWIST OF A CAP
Brand announces new FAVs Immunity Fruit Pouches for kids
SELAH, Wash., July 28, 2022 /PRNewswire/ -- Starting this fall, consumers can find Tree Top® FAVs Immunity Fruit Pouches for kids in select grocery stores.
Tree Top FAVs Immunity Fruit Pouches deliver tasty fruit-forward flavor kids love, while packing real fruit, vegetables and vitamins into every pouch. This playfully-packaged fruit and vitamin snack is a good source of Vitamins A, B6, C, D, E, Zinc, and Beta Glucan, which together help support kids' immune systems.
"We believe supporting kids' immune systems can and should taste good," says Brenda Moore, Senior Brand Manager at Tree Top, "and we used our fruit expertise to make that happen in Tree Top FAVs. Parents will love the simplicity of getting their active kids more vitamins, without high fructose corn syrup or anything artificial, while kids will love the full fruit flavor that ensures they won't taste the vitamins."
Look for Tree Top FAVs Immunity Fruit Pouches in the canned fruit aisle at select stores, including Frys, Fred Meyer, QFC, and Ralphs, starting in early August. They come in four flavors and are sold in single-flavor 10-pack cartons. Learn more about new Tree Top FAVs at www.treetop.com/FAVs.
Tree Top is a grower-owned cooperative owned by nearly 1,000 apple and pear growers. The Cooperative was founded in 1960 in the heart of Washington's apple country. Tree Top has led the way in premium quality juices and apple sauce. With their fruit expertise and trusted sources of fruit, they now produce the widest array of fruit-based products and solutions for consumers and for most of the world's leading food and beverage manufacturers.
Tree Top operates seven production facilities near the fruit in Washington, Oregon and California to create healthful fruit products made from simple ingredients to the delight of consumers around the world. To learn more, please visit www.TreeTop.com.
Allison Arnett, Tree Top, Inc.
[email protected]
509-698-1490
SOURCE Tree Top
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https://www.prnewswire.com/news-releases/tree-top-unlocks-the-power-of-fruit-and-vitamins-with-the-twist-of-a-cap-301595043.html
| 2022-07-28T13:39:48
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Small Batch Premium Tulchan Gin™ Hails From Scotland
NEW YORK, July 28, 2022 /PRNewswire/ -- Stoli Group, the leading global ultra-premium spirits and wine company, announced the official global launch of their super-premium gin from Scotland. Taking its name from Tulchan Estate in Scotland, Tulchan Gin™ is a small batch gin distilled in Speyside, with flavors inspired by the terroir of the Estate located on the banks of the River Spey.
"We are delighted to bring a slice of our wondrous estate to your glass," commented Damian McKinney, CEO of Stoli Group, in making the announcement. "Distilled in Speyside, in the heart of whisky country, we're looking forward to introducing Tulchan Gin to whisky drinkers as well as gin lovers throughout the world."
Born on one of the most admired estates in Scotland, Tulchan Gin™ is inspired by its natural surroundings with botanicals including sloe berries, elderflower and blackberry leaves which are found on the Tulchan Estate. One unusual botanical is asparagus, which provides the gin with a bitter edge and unusually long finish. The distillation takes place in Speyside using the Estate's recipe.
Tulchan Gin™ is presented in a luxury embossed blue glass bottle with the official Tulchan estate tartan running down the side, reflecting the gin's Scottish heritage. The label on the front of the bottle includes an illustration of the Estate mascot The Grouse Piper playing the bagpipes and the wooden cork stopper has a Scottish thistle stamp. Tulchan Gin™ is a full bodied, juniper forward London Dry gin elevated with the Scottish botanicals that shine through
Tulchan Gin™ is part of the Stoli Group portfolio of spirits brands and is distributed in the UK by Indie Brands, part of Amber Beverage UK and distributed globally through the Stoli Group. Tom Jones, Ultra Premium Spirits Ambassador, will be working with trade accounts and retailers to support the launch of the brand in the UK and around the world. Tom is based in Scotland and is a regular visitor to Tulchan Estate.
Tulchan Gin™ will be available initially in the UK and US and will be rolling out to Latin America, the Caribbean, Panama, the Dominican Republic in 2022. Next year Tulchan Gin's distribution will expand to include Italy, Kenya, South Africa, Canada, Australia and New Zealand.
Style: fresh, crisp and smooth
Nose: floral and gentle juniper
Taste: herbal juniper,sweet blend of candied citrus peel, resin, cardamom, liquorice and coriander
Finish: medium in length with kumquat and lemon curd tones
Tulchan Tonic
50 ml Tulchan Gin™ | 100 ml Fever Tree Tonic
RRP: from £39.99 for a 70cl bottle. ABV: 45%
Website: www.tulchangin.com
Instagram: @tulchangin
Tulchan Estate is located in East Scotland in the heart of Speyside, an area famous some of the world's best Scotch whiskies. The Victorian hunting lodge has played host to many royal guests, reflecting its reputation as one of the leading sporting estates in Scotland. Surrounded by 22,000 acres of moors, lakes and valleys, Tulchan Estate captures the essence of Scotland itself, as does the gin that carries its name.
Stoli® Group was established in 2013 and is responsible for the production, management, and distribution of a global spirits and wines portfolio. Mainly known for the Stoli® Vodka brand, Stoli Group has expanded to appeal to luxury on-premise and more sophisticated global consumers. Signature brands are: Stoli® Vodka, elit™Vodka, Bayou® Rum, Kentucky Owl™, Villa One™, Gator Bite™ Rum Liqueurs, Cenote™ Tequila, Tulchan Gin™, Se Busca™ Mezcal and Stoli Group's wine division, Tenute del Mondo®. With a presence across a network of more than 176 markets, Stoli Group works with a passionate team of 200 distributors around the world. Headquartered in Luxembourg, Stoli has production facilities in Spain, Italy, Argentina, and the United States, some of which are steeped in history dating back to the early part of the last century. For more information, visit stoli-group.com.
For trade sales enquiries please contact: sales@amberbev.com
For further information or hi res images, please contact Charlotte Edwards or Rebecca Tudor at MPR Communications:
charlotte@mprcommunications.co.uk +44 7811070711
rebecca@mprcommunications.co.uk +44 7792 525525
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SOURCE Stoli Group
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https://www.wlbt.com/prnewswire/2022/07/28/stoli-launches-tulchan-gin-worldwide/
| 2022-07-28T13:39:47
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https://sportspyder.com/nba/golden-state-warriors/articles/40206976
| 2022-07-28T13:39:52
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NMC frames scheme to give relief to final yr medical students who returned from Ukraine, China
- Country:
- India
The National Medical Commission has told the Supreme Court that final year medical students who returned to India due to Covid and Russia-Ukraine war and got degrees on a date to be notified will be permitted for the FMG exam.
In an affidavit on June 23, the National Medical Commission (NMC) said upon qualifying the Foreign Medical Graduate (FMG) exam, such foreign medical graduates will be required to undergo a Compulsory Rotating Medical Internship (CRMI) for two years instead of the existing one year norm.
The foreign medical graduates will be eligible to get registration only after completing the CRMI for two years.
The internship period has been doubled to make up for the clinical training which could not be physically attended by the foreign medical graduates during their course in the institutes abroad and to familiarise them with the practice of medicine under Indian conditions, the NMC affidavit said.
Taking note of the NMC's stand, the apex court, in a July 25 order, said, ''Compliance report filed along with affidavit dated July 23 is taken on record. No further orders are called for in the present miscellaneous applications. The miscellaneous applications are accordingly disposed of. Pending application (s) if any, also stand disposed of.'' The Supreme Court on April 29 directed the regulatory body to frame a scheme in two months to enable MBBS students affected by the Russia-Ukraine war and the pandemic to complete their clinical training in medical colleges here as a one-time measure.
In the affidavit, the NMC said after the April 29 judgement, its Undergraduate Medical Education Board (UGMEB) discussed and deliberated upon the matter pertaining to foreign medical graduates in its various meetings.
The matter was also considered by the Union Health Ministry along with the inputs from the Ministry of External Affairs (MEA) which was forwarded by the consulates of India from Ukraine, China, and Russia, among others. During the deliberations between the members of UGMEB and officials of the health ministry and MEA, it was pointed out that 20,672 Indian students are enrolled in different medical colleges and universities in Ukraine, all of which are providing online classes to them.
The NMC, in its affidavit, said the Ministry of Education and Science, Ukraine, has directed the heads of educational institutions to resume the educational process while ensuring the most favourable learning conditions, taking into account the location of staff and students.
Students are free to choose for themselves clinical bases for obtaining practical skills. Also, they were given temporary academic mobility to pursue their education, while they continue to be enrolled as a student of the university, it stated.
Ukraine has ordered the KROK Centre to reschedule the first stage of the qualifying examination for foreigners to be held offline in October.
The second stage of the unified state qualifying examination will not be held for students graduating in 2022, but they should pass the online state practical examination, the Cabinet of Ministers of Ukraine has decided.
If the university is located in the war zone or occupied zone, final marks will be assigned based on previous academic scores. After the practical examination, the Academic Board of University shall award degrees to students.
However, before receiving the degree, students should obtain a no-objection certificate from the university. They may arrange to receive their degrees themselves or through a power of attorney. After receiving the degree, the students are required to do an internship before they can begin practising as a doctor.
The NMC affidavit mentioned that China has begun the process to facilitate the return of students. Russia has told MEA that its Ministry of Science and Higher Education is allowing Indian students evacuated from Ukraine to continue their studies in the Russian Federation.
The Kazakhstan embassy has told the MEA that it was open to allowing the students evacuated from Ukraine to continue their studies in their country. The Kyrgyz National University has also communicated to MEA that they are willing to offer help to Indian students evacuated from Ukraine and also offered to waive the tuition fee of around 100 students enrolled in the September 2021 batch who have paid fees in Ukraine, the NMC said.
The NMC told the Supreme Court that Indian students now have several options available to them to complete their studies.
Considering these facts, the Supreme Court's observations and after consultations with the health ministry and MEA, the UGMEB of NMC has ''as a one-time measure, decided to frame a scheme and grant relax ation to foreign medical graduates who completed their medicine course from a foreign medical institute without undergoing physical clinical training due to extraordinary situation brought about by COVID-19 pandemic, Russia-Ukraine war etc'', it said in the affidavit.
Under the scheme, Indian students in the last year of their undergraduate medicine course who left their institute abroad due to Covid or the Russia-Ukraine war and completed their studies and also got a certificate of completion of the course on a date to be notified by NMC will be permitted to appear in FMGE, the affidavit said.
Upon qualifying the FMG exam, such foreign medical graduates are required to undergo CRMI for two years, the NMC's affidavit added.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- health ministry
- National Medical Commission
- FMGE
- Undergraduate Medical Education Board
- Supreme Court's
- the university
- Foreign Medical Graduate
- Ministry of Education and Science
- CRMI
- Academic Board of University
- UGMEB
- The Supreme Court
- China
- Supreme Court
- India
- Ministry of External Affairs
- The National Medical Commission
- Russia
- Ministry of Science
- Union Health Ministry
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https://www.devdiscourse.com/article/education/2125546-nmc-frames-scheme-to-give-relief-to-final-yr-medical-students-who-returned-from-ukraine-china
| 2022-07-28T13:39:50
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Sumsub, a UK-based identity verification software provider, publishes a comprehensive KYC guide to help trading platforms stay compliant, increase pass rates and fight fraud effectively.
LONDON, July 28, 2022 /PRNewswire/ -- Sumsub, a tech company that helps businesses stay compliant and fight digital fraud, has recently published its: "KYC guide for trading industry: balancing compliance and pass rates".
The guide offers actionable solutions for three main challenges facing trading companies today: 1) compliance with KYC/AML regulations; 2) building the onboarding process to quickly verify users and reduce drop-offs; 3) maintaining a high level of fraud protection.
Compliance with local KYC/AML requirements is critical for trading companies as they are particularly vulnerable to money laundering and terrorist financing, fraud and regulatory fines. Based on Sumsub's certified legal team expertise, the guide dives into the regulatory specifics for trading platforms across different regions and countries, describing two different approaches to compliance for licensed and non-licensed brokers.
Building effective KYC flows is another big challenge for trading platforms. If a broker is obliged to perform multiple user checks, it's important to make them as efficient as possible to keep pass rates high. Sumsub's guide shares best practices for building verification flows in trading with a close look into implementing level-based verification.
The guide also shares real-life cases with Sumsub's clients, including Exness, INGOT Brokers and Xena Exchange, who achieved 97% hit rates and two-minute median onboarding time thanks to level-based verification and Sumsub's strong legal support.
The guide also offers practical steps on building user verification levels for effective onboarding. Find a perfect balance between compliance and pass rates in the trading sector, by following this link: https://sumsub.com/guides-reports/kyc-guide-for-the-trading-industry
About Sumsub
Sumsub is an international tech company providing an all-in-one verification platform for detecting fraud and ensuring full compliance with global AML/KYC/KYB regulations. Sumsub worked with over 2,000 clients in more than 220 countries and territories.
Sumsub achieves the highest conversion rates in the industry—91.64% in the US, 95.86% in the UK, and 90.98% in Brazil—while verifying users in less than 50 seconds on average. Its AI-driven anti-fraud tools make user onboarding fast, secure, and transparent, helping businesses scale to international markets with ease.
The company's methodology follows FATF recommendations, the international standard for AML/CTF rules and local regulatory requirements (FINMA, FCA, CySEC, MAS).
View original content to download multimedia:
SOURCE Sumsub
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https://www.wlbt.com/prnewswire/2022/07/28/sumsub-releases-kyc-guide-trading-industry/
| 2022-07-28T13:39:54
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| 0.918673
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You need to enable JavaScript to run this app.
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https://sportspyder.com/nba/golden-state-warriors/articles/40207111
| 2022-07-28T13:39:58
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| 0.738227
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Half a century on, world worse off in many ways, says cube inventor Rubik
"For me, the most painful thing is that we no longer seem to know what being humble, economical or sparing mean." Rubik, whose most famous creation relies on focus, problem-solving and a hands-on approach, said the role of education was paramount in preparing younger generations to tackle the fallout.
In nearly half a century since the inception of his iconic Rubik's Cube, the world has changed for the worse in many ways, plagued by climate change, overpopulation, and wastefulness, its Hungarian inventor said.
The multicolored 3x3x3 puzzle, which has become one of Hungary's most prominent innovations, is still popular among young and old, with hundreds of millions sold worldwide. Erno Rubik, 78, an avid gardener growing succulents in his state-of-the-art house in a Budapest suburb, said while technological advances had improved the world, the overall balance of changes was negative - meaning education to combat the challenges and a link to the physical world is vital.
"Nature has systems that can restore balance if it becomes dislodged," he told Reuters on a terrace of his house dominated by square-shaped features, also designed by Rubik, an architect. "We have upset this balance drastically," he said. "For me, the most painful thing is that we no longer seem to know what being humble, economical, or sparing means."
Rubik, whose most famous creation relies on focus, problem-solving, and a hands-on approach, said the role of education was paramount in preparing younger generations to tackle the fallout. "A lot more should be invested, not just money, but attention, energy, and intellectual effort so that upcoming generations should be better prepared to cope with our mistakes," he said.
Rubik also cautioned against the excessive use of digital games and devices by children, saying these narrowed the scope of their learning opportunities in the physical world. "If I see reality only through a virtual lens, that diminishes the experience drastically," he said. "It is as if you are not reading a book yourself but have someone summarise the contents of the book to you.
"We are beginning to lose our connection with the real world," he said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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EU tells Hungary, Poland to step up their democracy game
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https://www.devdiscourse.com/article/education/2125561-half-a-century-on-world-worse-off-in-many-ways-says-cube-inventor-rubik
| 2022-07-28T13:39:59
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| 0.975608
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CHARLOTTE, N.C., July 28, 2022 /PRNewswire/ -- TowneBank is pleased to announce the appointment of Ted Wolfe to president of TowneBank Charlotte.
Wolfe brings over 30 years of industry experience to TowneBank, including nearly two decades of commercial and corporate banking in the Charlotte market. In his role as president, he will continue efforts to ensure an extraordinary experience for our members and the bank's ongoing growth and positive impact in the Charlotte region. He will be based at the SouthPark location on Carnegie Boulevard.
Wolfe is a graduate of Davidson College, as well as the North Carolina School of Banking. Over the course of his career, he has been active in his community, volunteering and serving on the board of directors for a number of organizations, including Junior Achievement, the Salvation Army, and the Salvation Army Boys & Girls Clubs. Additionally, Wolfe is active with his church and as a volunteer coach for youth basketball.
"Ted has an accomplished career and extensive experience in finance and leadership," said Billy Foster, president of TowneBank Central Virginia and the Carolinas. "As president, he will lead efforts to strengthen our presence and impact in the fast-growing Charlotte market. He has the admiration of our team already."
"We are delighted to welcome Ted Wolfe to TowneBank," Bob Aston, executive chairman, commented. "For the better part of a year, we have looked for the right person to join and lead our Charlotte family. Ted is the ideal mix of professionalism and passion. He understands the people-first approach at TowneBank, and our focus on serving others and enriching lives."
TowneBank entered the Charlotte market in 2018 through the acquisition of Paragon Bank. The community-minded bank has grown steadily in market share, with offices in SouthPark, Myers Park and Ballantyne.
Founded in 1999, TowneBank is a company built on relationships, offering a full range of banking and other financial services, with a focus of serving others and enriching lives. Dedicated to a culture of caring, Towne values all employees and members by embracing their diverse talents, perspectives, and experiences.
Today, the bank operates over 40 banking offices throughout Hampton Roads and Central Virginia, as well as Northeastern and Central North Carolina – serving as a local leader in promoting the social, cultural, and economic growth in each community. Towne offers a competitive array of business and personal banking solutions, delivered with only the highest ethical standards. Experienced local bankers providing a higher level of expertise and personal attention with local decision-making are key to the TowneBank strategy. Towne has grown its capabilities beyond banking to provide expertise through its controlled divisions and subsidiaries that include Towne Wealth Management, Towne Insurance Agency, Towne Benefits, TowneBank Mortgage, TowneBank Commercial Mortgage, Berkshire Hathaway HomeServices Towne Realty, Towne 1031 Exchange, LLC, and Towne Vacations. With total assets of $16.67 billion as of March 31, 2022, TowneBank is one of the largest banks headquartered in Virginia.
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https://www.wlbt.com/prnewswire/2022/07/28/ted-wolfe-named-townebank-charlotte-president/
| 2022-07-28T13:40:01
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| 0.966842
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https://sportspyder.com/nba/golden-state-warriors/articles/40207424
| 2022-07-28T13:40:04
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| 0.738227
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Nearly 400 Canon Solutions America inkjet customers, partners, and print industry experts attended the eighth annual thINK Ahead 2022 Inkjet Users Conference for learning and networking teamed with fun and health and wellness activities hosted at the newly renovated luxury property, The Boca Raton.
BOCA RATON, Fla., July 28, 2022 /PRNewswire/ -- thINK, an independent community of Canon Solutions America inkjet customers, today announced nearly 400 Canon inkjet customers, partners, and print industry experts came together in Boca Raton, FL for the eighth annual thINK Ahead 2022 Inkjet Users Conference to experience thought provoking keynotes, educational sessions, press demos and networking opportunities. In addition, attendees participated in optional health and wellness activities, all hosted at the newly renovated luxury property, The Boca Raton. (Hear what attendees think of thINK Ahead 2022!)
- Inspirational Keynote Speakers: thINK Ahead 2022 keynote speakers encouraged attendees to thINK outside the box. First, Enigmatist & Magician David Kwong demonstrated how to bridge the gap between perception and reality to increase our powers of persuasion and influence. Then, Tariq Meyers, Co-Founder and CEO at Untapped and Lyft's first-ever Head of Inclusion & Diversity, shared what he's learned about creating belonging and empowerment in the workplace.
- Educational Sessions: Attendees chose from a variety of educational sessions designed to address the challenges and opportunities print industry leaders are facing today. Session topics ranged from addressing the labor shortage and solving supply chain issues to risk management and postal reform.
- Canon Update: Francis A. McMahon, Exec. Vice President, Production Print Solutions, Canon Solutions America and Peter Wolff, Chief Marketing Officer and Sr. Vice President, Canon Production Printing took the stage to share Canon's strategic vision and the future of print.
- Canon Americas Customer Innovation Center Tour and Press Demos: Attendees visited the Canon Americas Customer Innovation Center to take part in press demos and get an in-depth look at the innovations changing the printing industry.
- Canon Inkjet Print Innovation Wall: From a finished mail product that replicates the look of an envelope (including a poly window) to address the envelope shortage to impressive finishing techniques and full-color, variable data print showcasing the quality of Canon inkjet, thINK Ahead attendees were inspired by the Canon Inkjet Print Innovation wall. Take a look at what they saw and get inspired!
- Partner Pavilion: Attendees enjoyed dynamic, engaging conversations, and tapped into the expertise of Canon Solutions America inkjet partners in the thINK Ahead Partner Pavilion.
- Inspirational Closing Keynote: Attendees left inspired by the closing keynote from Francis A. McMahon, Exec. Vice President, Production Print Solutions, Canon Solutions America. In his keynote entitled, "Leadership: Inspiration, Influence, Perspective," McMahon shared the importance of leadership and best practices to create dynamic, high performing teams.
- Fun, Networking, and Health and Wellness Activities: From the Cabana Nights poolside dinner party to optional health and wellness activities including pickleball, yoga and an historical tour of The Boca Raton, attendees were able to connect with one another personally and professionally.
In addition to the great learning and networking, the thINK Ahead attendees donated more than $16,000 over the three-day event to the thINK Peace fundraiser campaign to support the children of Ukraine. "Our nation is divided on so many issues, but one thing we are not divided on is the war in Ukraine," Francis A. McMahon, Executive Vice President of Canon Solutions America shared with thINK Ahead attendees, encouraging them to participate in the thINK Peace fundraiser. Attendees that donated received a free thINK Peace t-shirt. Donations are still being accepted on thINKForum.com.
"Each and every year the thINK Board collectively agrees, 'it was the best thINK Ahead ever' — and we all truly believe that; it just seems to get better and better every year. To hear customers and thINK Ahead partners say the same thing is very rewarding," said Todd Roth, thINK Board President. "We look forward to seeing everyone back in Boca again next July for thINK Ahead 2023!"
"I thought the USPS 10-year Plan and Postal reform session was excellent. Postal is one of the biggest opportunities we have, and there were many ideas that came from that session that can lead to great strategy shifts for our company and clients," said John Barthen, Chief Operating Officer, ComGraphics. "Three of us from ComGraphics came to thINK Ahead 2022 and what we've learned is that we have not been using everything Canon and the thINK community offers us to our fullest advantage, and we are going to change that. There are multiple resources we can tap into that can help us accelerate our business and we intend to do that," added Sr. Account Executive Ben Hendrikse. (View the video of thINK Member benefits).
"I'm not a sociable person, but I did more socializing in the three days at thINK Ahead than I've done in years. The people here are just so friendly and easy to talk to, and we all have so much in common. It's interesting to hear others sharing frustrations that I faced many years ago, and I find it easy to mentor them on their journey, while others I talk to do the same for me, opening up new ideas for how I might address the challenges I'm dealing with today. It's just an amazing community dynamic that is great to witness and be a part of," said Matt Morgan, K&H Printing.
"It's great to see the thINK community all back together again—and it is obvious others feel the same; it's an amazing turnout! We sponsor thINK Ahead every year because our customers are here, and they expect us to be here. As busy business leaders, they want to be efficient with their time and learn about our new technologies while they learn about print industry trends and ways to enhance their business," said Hank Martin, Manager Strategic Partnerships, with Platinum Partner BCC Software. "Anything we can do to enhance our customers' experience, we want to do. We are here to support them and have been here every year since the thINK community started eight years ago."
thINK is an independent community of Canon Solutions America inkjet customers, solution partners, and print industry experts, and Canon Solutions America is a proud executive sponsor. Led by some of the most successful inkjet service providers in the country, it provides a forum for members to network, gain knowledge, discuss common challenges, and share best practices. For more information, visit thinkforum.com.
Canon is a registered trademark of Canon Inc. in the United States and elsewhere. All other referenced product names and marks are trademarks of their respective owners and are hereby acknowledged.
Eric Hawkinson
eric@thinkforum.com
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SOURCE thINK
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https://www.wlbt.com/prnewswire/2022/07/28/think-hosts-nearly-400-canon-solutions-america-inkjet-customers-partners-print-industry-experts-eighth-annual-think-ahead-inkjet-user-conference/
| 2022-07-28T13:40:07
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| 0.942407
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https://sportspyder.com/nba/golden-state-warriors/articles/40207425
| 2022-07-28T13:40:10
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| 0.738227
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Delhi LG turns down AAP govt's proposal for fee hike in private diploma institutions
- Country:
- India
Lt Governor V K Saxena has turned down the proposal of the Arvind Kejriwal government for a fee hike in private diploma institutions in Delhi, sources in the LG office said on Thursday.
No immediate reaction was available from the Delhi government on the development.
According to the sources, the LG pointed out that people are still recovering from the economic impact of the COVID-19 pandemic and advised the chief minister to ''postpone'' by one year, the proposed fee hike in private diploma institutions affiliated to the Board of Technical Education of Delhi government.
''The proposal for a fee hike was approved by the chief minister and deputy chief minister. The LG decided to turn it down in larger public interest,'' said a source.
The decision will help students, particularly those from the lower economic strata to pursue various diploma level courses for attaining employment without being concerned about any increase in fees, he said.
The students are already being made to pay around Rs 40,000 to 50,000 as fees, which is higher than what diploma students in Noida, Gurugram and other NCR cities are paying, he said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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Boy's death in Gurugram school: SC says issue of juvenility of accused be examined afresh
Gurugram: Woman held captive, molested inside hotel room for 2 days; 1 held
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https://www.devdiscourse.com/article/education/2125571-delhi-lg-turns-down-aap-govts-proposal-for-fee-hike-in-private-diploma-institutions
| 2022-07-28T13:40:07
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| 0.966655
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NEW YORK, July 28, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for FCEL, PLUG, NOVA, FTCI, and EOSE.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- FCEL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=FCEL&prnumber=072820221
- PLUG: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=PLUG&prnumber=072820221
- NOVA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NOVA&prnumber=072820221
- FTCI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=FTCI&prnumber=072820221
- EOSE: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=EOSE&prnumber=072820221
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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https://www.wlbt.com/prnewswire/2022/07/28/thinking-about-buying-stock-fuelcell-energy-plug-power-sunnova-energy-ftc-solar-or-eos-energy/
| 2022-07-28T13:40:14
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| 0.801302
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https://sportspyder.com/nba/golden-state-warriors/articles/40207506
| 2022-07-28T13:40:16
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Panyaza Lesufi condemns scholar transport disruptions in Sedibeng
Emanating from the sad incident, MEC Lesufi said the department has learnt with concern about scholar transport disruptions in Sedibeng which began on Wednesday.
- Country:
- South Africa
Gauteng Education MEC Panyaza Lesufi has condemned the ongoing scholar transport disruptions in Sedibeng, following an incident where a Grade 11 boy learner from Meyerton High School died after being accidentally run over by a scholar bus.
According to information at the department's disposal, the incident occurred at approximately 07:05 AM on Tuesday when learners were boarding the department's scholar transport bus to school.
It is reported that the boy was trying to board the bus when it accidentally ran him over.
Emanating from the sad incident, MEC Lesufi said the department has learnt with concern about scholar transport disruptions in Sedibeng which began on Wednesday.
It is alleged that scholar buses are not allowed to transport learners in De Deur, Meyerton and Sharpeville, Rusoord and Panfontein.
Lesufi added that further reports allege that some members of the community were stoning buses and intimidating drivers, not to transport learners.
"We send our deepest condolences to the family of the learner who succumbed to this gruesome incident. We also condemn the ongoing scholar transport disruptions in Sedibeng which are also impacting negatively to the education of our learners. We call upon members of the community to allow our learners to use scholar transport accordingly," MEC Lesufi said.
Lesufi said the department's Psycho-Social Team was deployed to the school on Wednesday and provided trauma counselling to all those who were affected by the incident.
The department said investigations are underway to determine the circumstances surrounding the incident.
(With Inputs from South African Government Press Release)
- READ MORE ON:
- Panyaza Lesufi
- Gauteng
- Sedibeng
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https://www.devdiscourse.com/article/education/2125580-panyaza-lesufi-condemns-scholar-transport-disruptions-in-sedibeng
| 2022-07-28T13:40:18
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| 0.976154
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Truong to guide Vena's legal affairs as SVP, General Counsel and Corporate Secretary
TORONTO, July 28, 2022 /PRNewswire/ -- Vena, the Complete Planning platform loved by finance and trusted by business, today announced that Le Huong Truong has been promoted to Senior Vice President, General Counsel and Corporate Secretary and will join Vena's executive leadership team led by CEO Hunter Madeley.
"It's important for all leaders to find the right balance of speed and certainty, especially in our high-growth environment," said Madeley. "Le's strong, stable advice and counsel have provided a solid foundation for Vena's continued success. We are fortunate to be able to lean on and learn from Le as we continue to build our company and culture."
Truong joined Vena as Vice President and General Counsel in 2020, leading the legal function to deliver on its core mandate of managing risk and driving growth at scale. She was also instrumental in completing Vena's Series C funding round, which raised approximately $300 million in one of the largest funding rounds for a Canadian tech company.
Previously, Truong served as Senior Corporate Counsel at technology solutions provider CDW, overseeing the company's Canadian legal function as a member of its Canadian leadership team. Prior to that, she served as Legal Counsel for the Ontario Lottery and Gaming Corporation and as an associate at the law firm Davies Ward Phillips & Vineberg LLP. Truong holds a bachelor's degree in Economics from the University of Waterloo. She also earned a master's degree in Business Administration and a Juris Doctor from the University of Toronto.
"It's an honor and a privilege to serve on the executive leadership team alongside Hunter and so many other talented Venanites," Truong said. "Coming off a record-setting first half, I am excited at the opportunity to help guide our company in its mission and in the continued service of our customers."
Vena is the only native Excel Complete Planning platform built for Microsoft 365 with Power BI Embedded. Vena transforms how business, finance and operations leaders Plan To Grow™ with the Vena Growth Engine, the SaaS platform and methodology that empowers and inspires your plans and guides your growth journey. Over 1,300 of the world's leading companies power their growth with Vena. For more information, visit venasolutions.com.
MEDIA CONTACT
Jonathan Paul
Vena
jpaul@venacorp.com
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https://www.wlbt.com/prnewswire/2022/07/28/vena-solutions-promotes-le-huong-truong-executive-leadership-team/
| 2022-07-28T13:40:21
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| 0.960459
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You need to enable JavaScript to run this app.
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https://sportspyder.com/nba/golden-state-warriors/articles/40207741
| 2022-07-28T13:40:22
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| 0.738227
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HP govt to provide 6 pc subsidy on package material to fruit growers
The total financial implication of the UGC revised pay scales will be approximately Rs 337 crore with effect from January 1, 2016, to March 31, 2022, it added. The proposal to open new police posts at Gadagusaini in Mandi district under Police Station Aut was also cleared by the cabinet.
- Country:
- India
The Himachal Pradesh government has decided to provide a six percent subsidy to orchardists and fruit growers on the purchase of package material with retrospective effect from July 15.
The decision to provide the subsidy has been taken in the state cabinet meeting held here on Thursday, a press note issued by the state public relations department said.
The subsidy will be provided on cartons and trays sold through HP Horticulture Produce Marketing & Processing Corporation (Himachal Pradesh government undertaking), popularly known as HPMC, it added.
HPMC will be given a grant of Rs 10 crore in this regard, it added.
The state cabinet also gave its nod to implement the scheme for revision of pay scales as per the University Grants Commission (UGC) for the teaching, personnel, and academic staff only of the universities and colleges. The total financial implication of the UGC revised pay scales will be approximately Rs 337 crore with effect from January 1, 2016, to March 31, 2022, it added. The annual expenditure on this account will be approximately Rs 113 crore for 2021-22, whereas for the remaining period of the current financial year, the same would be Rs 75 crore, it added. The cabinet also approved a proposal to reduce the minimum bus fare for the first two kilometers for stage carriages bus services from the existing Rs 7 to Rs 5 to facilitate the commuters in the state. The state cabinet cleared the proposal to convert 452 posts of beldars in Jal Shakti Vibhag to Pump Operators, and induct those Jal Rakshaks who have completed 12 years or more regular service on December 31, 2020, but do not fulfil the educational qualification. It also permitted to create of a new police district Nurpur with its headquarters at Nurpur in Kangra district and filling up 39 posts of different categories.
It also decided to open a new office for Sub Division Police Officers at Shillai in the Sirmaur district.
The cabinet also decided to upgrade Police Post Rewalsar in Mandi district to Police Station. The proposal to open new police posts at Gadagusaini in Mandi district under Police Station Aut was also cleared by the cabinet.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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https://www.devdiscourse.com/article/education/2125622-hp-govt-to-provide-6-pc-subsidy-on-package-material-to-fruit-growers
| 2022-07-28T13:40:26
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| 0.962521
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Achieves Top ISS ESG QualityScore Rating for Environmental and Social Disclosures
~40% of Wholly-Owned Multifamily Portfolio is Green Certified (LEED® or equivalent)
JERSEY CITY, N.J., July 28, 2022 /PRNewswire/ -- Veris Residential, Inc. (NYSE: VRE), a forward-thinking, environmentally- and socially-conscious REIT that primarily owns, operates, acquires, and develops Class A multifamily properties, today announced that it has further advanced its mission of being a responsible, sustainable, inclusive, and equitable member of the built environment while continuing to generate long-term value for shareholders.
As a result of the company's enhanced environmental, social and governance (ESG) efforts, including the introduction of new, more sustainability-focused policies at the corporate and property levels, and enriched environmental and sustainability disclosures, for June 6, 2022, Veris Residential has earned a QualityScore rating of "1" for both Environmental and Social disclosures, up from 9 and 8, respectively, since October 2020, from Institutional Shareholder Services (ISS). The ISS QualityScore measures the depth and extent of a company's ESG disclosures relative to its industry peer group and is designed to help investors monitor the ESG risks in their portfolio companies. Scores are provided on a scale from 1 to 10, with 10 being the highest risk rating.
Mahbod Nia, Chief Executive Officer of Veris Residential, said, "I am incredibly proud Veris Residential has earned sector-leading ISS ESG QualityScore ratings among our peer group from an independent third party with a data-driven scoring approach to measuring corporate environmental and social disclosures. These scores are a testament to the hard work our team has put into weaving ESG considerations into the fabric of our company. We recognize there is still much more to be done, and are excited to continue our journey toward a more sustainable future that positively impacts our properties, our people, and our planet while creating value for our shareholders."
Veris Residential today also announced that sustainability addendums to lease agreements have been signed for more than 20% of its residential portfolio, and nearly 40% of its wholly-owned multifamily portfolio is now Green Certified (LEED® or equivalent), up from 33% just two months ago, as a result of the company's 313-unit property, RiverHouse 9 at Port Imperial, earning LEED® Silver certification. Veris Residential undertook the following improvements at the property to meet certification criteria, including:
- optimized energy performance in common areas and individual metering in apartments
- installed LED lighting throughout common areas and Energy Star appliances in apartments
- ensured that more than 50% of the property's roof is planted live green to enable mitigation of heat island effects and support stormwater management best practices
- used sustainably sourced raw materials for new construction
- improved indoor air quality measures to protect the health of residents and employees, including the use of ionization technology in clean air devices installed in elevator cabs to reduce airborne contaminants
- installed electric vehicle charging stations and ample bicycle storage to promote resident use of alternative transportation and reduce greenhouse gas emissions.
In addition to RiverHouse 9, other Veris Residential properties that recently achieved Green Certification, include The Capstone, which was awarded LEED® Silver certification in January 2022, and Portside I and Portside 2, which earned Energy Star scores of 95 and 98, respectively, in April 2022.
Karen Cusmano, Senior Vice President, Head of Sustainability and ESG at Veris Residential, said, "I am pleased that Veris Residential's unwavering efforts to reduce our carbon footprint have been independently recognized by ISS, LEED® and Energy Star. Measuring and seeking to mitigate the impact our buildings and operations have on the environment is critical to the future of our company and our planet, which is why we have committed to continuing to increase green-certified buildings across our portfolio."
Veris Residential's 2021 Environmental Social Governance report, which outlines the company's plans for achieving its ESG goals, and more information on its commitment to making a positive impact, is available online here.
About Veris Residential, Inc.
Veris Residential, Inc. is a forward-thinking, environmentally- and socially-conscious real estate investment trust (REIT) that primarily owns, operates, acquires, and develops holistically-inspired, Class A multifamily properties that meet the sustainability-conscious lifestyle needs of today's residents while seeking to positively impact the communities it serves and the planet at large. The company is guided by an experienced management team and Board of Directors and is underpinned by leading corporate governance principles, a best-in-class and sustainable approach to operations, and an inclusive culture based on equality and meritocratic empowerment. For additional information on Veris Residential, Inc. and our properties available for lease, please visit verisresidential.com.
Media contact
Amanda Shpiner/Grace Cartwright
Gasthalter & Co.
212-257-4170
veris-residential@gasthalter.com
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SOURCE Veris Residential, Inc.
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https://www.wlbt.com/prnewswire/2022/07/28/veris-residential-advances-commitment-environmental-social-governance-responsibility/
| 2022-07-28T13:40:27
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| 0.946896
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Leading Fintech Firm Creates New Financial Opportunities via Fractional Trading in U.S. Equities for Fubon's Customers
JERSEY CITY, N.J., July 28, 2022 /PRNewswire/ -- Fubon Financial Holdings ("Fubon"), the second-largest financial company in Taiwan, selects ViewTrade as its chosen technology provider to grant Fubon's clients access to U.S. markets for accounts of all sizes as well as the ability to buy fractional shares. Through its unique technology solutions, ViewTrade is now enabling Fubon's retail customers to easily and regularly invest in the U.S. markets.
"We are thrilled to be working with Fubon and providing their customers with this new financial opportunity," said Andy Liao, Business Development - Asia at ViewTrade. "Fractional trading via an omnibus account has made it possible to relieve the burden on retail investors to meet whole-share minimums. With fractional share trading, younger, newer investors can get an earlier start participating in the markets by investing."
Contributing to a regular savings plan through the U.S. Equities Market is becoming a popular way to invest in Taiwan. Fractional trading, with its ability to facilitate dollar-cost averaging, is an important component provided by ViewTrade in the Asia market.
"Fractional trading allows us to provide investors, with small investment amounts, the opportunity to invest in high-priced stocks, which was once a pain point that we were unable to solve. Now, they can enjoy being the shareholder of Amazon, Google, Berkshire Hathaway, Tesla, Costco, etc.," said Jiemin Wang, Head of Global Equities Product Team at Fubon.
About ViewTrade
ViewTrade is the force that powers fintech, providing everything – technology, support and brokerage services – that innovators need to quickly launch or enhance a retail trading platform or app. Over the past 20+ years, our approach has helped hundreds of firms – from startups to large banks, brokers and RIAs – create the differentiating investment experiences their clients demand.
Today, ViewTrade serves clients in more than 20 countries across five continents, representing millions of individual investors. Our offerings translate into multiple languages and provide client service in more than a dozen languages. As a B2B firm, we never compete with our clients for business.
For more information, visit https://viewtrade.com/, and follow the company on LinkedIn.
About Fubon:
Fubon was established in 1961 and currently employs 45,000 people globally. Fubon Financial Holdings is the second-largest financial company in Taiwan by assets. Fubon led the financial sector's earnings per share for 13 consecutive years, was selected to the Fortune Global 500 for the past four years, and Brand Finance's "Top 500 Most Valuable Brands" for the past two years.
Media Contact
Alex Shafer
viewtradepr@jconnelly.com
973-934-5100
View original content to download multimedia:
SOURCE ViewTrade
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https://www.wlbt.com/prnewswire/2022/07/28/viewtrade-provides-custom-technology-taiwans-fubon-financial-holdings/
| 2022-07-28T13:40:34
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| 0.944414
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MP: 39 students given COVID-19 vaccine with single syringe; FIR filed, officer suspended
- Country:
- India
A vaccinator allegedly used a single syringe to administer anti-coronavirus vaccine doses to 39 children at a private school in Madhya Pradesh's Sagar city, prompting the authorities to suspend the district vaccination officer, officials said on Thursday.
The incident took place on Wednesday at the Jain Higher Secondary School in the city during a mega vaccination drive, after which a First Information Report (FIR) was registered against the vaccinator, identified as Jitendra Ahirwar, a district official said.
Ahirwar, who has not been arrested yet, is a student of a private nursing college and had been trained for carrying out a vaccination program by the health department, Sagar district's Chief Medical and Health Officer (CMHO) Dr. DK Goswami said.
The 39 children, aged 15 and above, were from Classes 9 to 12, a health official said. The parents of some of the students on Wednesday observed the vaccinator using the same syringe to inoculate the children and raised an alarm for gross negligence on his part, the officials said.
After the parents protested, Sagar's in-charge Collector Kshitij Singhal sent the CMHO to inquire about the incident. Those present at the spot told Goswami that the vaccinator allegedly used the same syringe to administer vaccine doses to as many as 39 children, the district official said. After the protest by their parents, Ahirwar escaped from the spot and was not found when the CMHO inspected the school. The accused had also switched off his mobile phone, Goswami said. Taking serious cognizance of the incident, Sagar divisional commissioner Mukesh Shukla on Thursday suspended district vaccination officer, Dr. Shobharam Roshan, based on the CMHO's report, another official said. The suspension order was issued by the divisional commissioner, who directed the collector to appoint another official in place of Dr. Roshan, he said. An official from the Gopal Ganj police station said they have registered an FIR against Ahirwar under the Indian Penal Code (IPC) section 336 (rash or negligent act endangering human life or personal safety of others).
Based on a report of the CMHO, the collector recommended to the divisional commissioner a departmental probe and appropriate action against district vaccination officer Dr. Roshan, Singhal said.
Meanwhile, health officials examined all the 39 children and carried out certain medical tests whose reports came normal, Goswami said.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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https://www.devdiscourse.com/article/education/2125624-mp-39-students-given-covid-19-vaccine-with-single-syringe-fir-filed-officer-suspended
| 2022-07-28T13:40:34
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| 0.968631
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Mahindra XUV700 recalled again; third time this month
Mahindra has issued a recall order for the XUV700 in India over an issue with its alternator belt, auto-tensioner pulley, and Electronic Steering Column Lock (ESCL). This is the third recall for the vehicle this month. XUV700 owners should contact Mahindra dealerships and get their vehicles inspected. If faulty parts are found, they will be replaced free of cost.
The alternator belt connects the engine to the alternator. The alternator draws power from the mill to charge the battery. If this belt snaps, the battery might get discharged quickly, and the vehicle will break down. Meanwhile, the tensioner pulley ensures precise transmission and puts constant tension on the belt. Both of these components are absolutely critical to the car's functioning.
Mahindra XUV700's all-wheel-drive variants were subjected to two prior recalls this July. In the first one, the propeller shaft was checked and replaced based on the requirement, while the second involved inspection of the four-wheeler's rear coil springs.
The Mahindra XUV700 sports a vertical-slatted chromed grille, a muscular hood, LED headlamps with DRLs, a wide air dam, and skid plates. On the sides, the SUV is flanked by roof rails, black B-pillars, indicator-mounted ORVMs, flared wheel arches, and 18-inch alloy rims. Wrap-around LED taillights, a window wiper, and a shark-fin antenna grace the rear section of the SUV.
The Mahindra XUV700 is powered by a 2.0-liter mStallion turbo-petrol engine that generates 197hp/380Nm, and a 2.2-liter mHawk diesel motor offered in three states of tune: 153hp/360Nm, 182hp/420Nm, and 182hp/450Nm. The mills are paired to a 6-speed manual/automatic gearbox along with an all-wheel-drive system.
Mahindra XUV700 has a spacious cabin with up to seven seats, a multifunctional steering wheel, auto climate control, USB chargers, rear AC vents, cruise control, and key-less entry. The passengers' safety is ensured by seven airbags and ADAS functions. It also gets a 12-speaker Sony sound system, a digital instrument cluster, and a 10.25-inch touchscreen infotainment panel with Android Auto, and Apple CarPlay support.
The Mahindra XUV700 carries a starting price tag of Rs. 13.18 lakh for the base MX (petrol) model and goes up to Rs. 24.58 lakh for the top-spec AX7 AT AWD (diesel) variant with a Luxury Pack (all prices, ex-showroom).
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https://www.newsbytesapp.com/news/auto/mahindra-xuv700-suv-recalled-over-faulty-alternator-belt/story
| 2022-07-28T13:40:39
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| 0.905879
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Ana Angarita brings nearly 20 years of fashion retail experience to Stand Out For Good, Inc. family of brands
KNOXVILLE, Tenn., July 28, 2022 /PRNewswire/ -- Vow'd Weddings, part of the Stand Out For Good, Inc. family of brands, welcomes Ana Angarita as vice president of store experience, further elevating the wedding retail experience for Vow'd brides.
"I am delighted to join the Vow'd team and support the growth and guest experience of an extraordinary brand," said Angarita. "Vow'd and Stand Out For Good, Inc. are known for the highest quality merchandise, unparalleled service and having a heart for giving back. I look forward to advancing the brand and growing with this organization."
Ana Angarita joins Vow'd and Stand Out For Good, Inc. after more than 19 years with Victoria's Secret. Most recently serving as the vice president of store operations and head of stores for the company's travel retail division, Angarita led visual merchandising and marketing operations and learning and development for the home office and store teams.
"Within a few short years, the Vow'd bride has been loud and clear—our stores and guest experience are what distinguish our brand. Ana's arrival shows we are committed to continuing that journey and building a best-in-class bridal environment," said Nicole Sewall, senior vice president of Vow'd. "I'm excited to work with Ana to meld her wonderful experience with our brand vision and deliver a truly different kind of wedding brand."
Most recently, the company announced the addition of Tana Ward as brand president leading the company's new contemporary home brand.
About Vow'd
Vow'd is a different kind of wedding brand. Vow'd believes every bride deserves a beautifully crafted dress and accessories at an honest price and a shopping experience that is uncomplicated and fun. The Vow'd bride is thoughtful, adventurous and involved in her community. Her wedding day is a reflection of these values, and she seeks out brands that reflect her lifestyle. To meet her where she's at, Vow'd pairs its distinctive product assortment with best-in-class technology solutions for the modern bride, including try-at-home and virtual appointments. Launched in June 2020, Vow'd is a rapidly growing brand with six brick-and-mortar locations in Tennessee, North Carolina, Minnesota and Wisconsin, with plans to open 11 additional storefronts by mid-2023. For more information, visit vowdweddings.com.
About Stand Out For Good, Inc.
Stand Out For Good, Inc. is a purpose-based, inspiring lifestyle and fashion family of brands rooted in community and committed to giving back. From welcoming experiences and warm associates to thoughtfully curated products in-store and online, Stand Out For Good, Inc. represents 127 Altar'd State stores, 35 Arula boutiques, six Vow'd boutiques and three Tullabee boutiques in 39 states. Stand Out For Good is built upon the founding principles of giving back and making a difference in the world. Locally in communities nationwide and globally too, Stand Out For Good, Inc. has partnered with over 4,000 nonprofits that provide relief, compassion, resources, education and love. To learn more about the Stand Out For Good, Inc. family of brands, visit their websites at altardstate.com, arula.com, vowdweddings.com and tullabee.com.
Media Contact:
Laura Mansfield, APR
Tombras
lmansfield@tombras.com
865.599.9968
View original content to download multimedia:
SOURCE Stand Out For Good, Inc.
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https://www.wlbt.com/prnewswire/2022/07/28/vowd-weddings-announces-new-vice-president-store-experience/
| 2022-07-28T13:40:41
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| 0.945449
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FACTBOX-U.S. Congress poised to pass long-awaited China semiconductor bill
The U.S. House of Representatives plans to give final passage on Thursday to sweeping legislation to boost the U.S. semiconductor industry as it competes with China by providing about $52 billion in grants as well as an investment tax credit for chip plants estimated to be worth $24 billion. Here are some highlights of the current version of the 1,054-page, "CHIPS Act of 2022," which also includes funding authorizations for the National Science Foundation and Department of Energy's Office of Science.
The U.S. House of Representatives plans to give final passage on Thursday to sweeping legislation to boost the U.S. semiconductor industry as it competes with China by providing about $52 billion in grants as well as an investment tax credit for chip plants estimated to be worth $24 billion.
Here are some highlights of the current version of the 1,054-page, "CHIPS Act of 2022," which also includes funding authorizations for the National Science Foundation and Department of Energy's Office of Science. A first version of the bill passed the Senate more than a year ago, but stalled in the House of Representatives.
CREATING HELPFUL INCENTIVES TO PRODUCE SEMICONDUCTORS (CHIPS) FOR AMERICA FUND This $52 billion fund - allocated over five years - includes $39 billion in financial assistance for companies to build, expand or modernize domestic facilities for semiconductor fabrication, assembly, testing, advanced packaging and research and development.
It includes $10 billion for Department of Commerce (DOC) research and development, including private-public partnerships and partnerships between government, industry and academic institutions, and $1 billion to create the “Recompete Pilot Program,” to support persistently distressed communities with economic development activities * Includes $1.5 billion for the Public Wireless Supply Chain Innovation Fund to boost open-architecture, software-based wireless technologies to help replace telecommunications equipment from companies like Huawei and ZTE
GUARD RAILS To ensure that the $50 billion goes to develop U.S. manufacturing capability, the legislation specifies that companies cannot use the money to purchase stock or pay dividends -- but it does not prevent them from using other funds to do so.
Funding must be used to implement the Commerce Department semiconductor incentive — to develop domestic manufacturing capability as well as for previously authorized research and development and workforce development programs. TAX CREDITS
The legislation creates a 25% investment tax credit for semiconductor manufacturing and includes incentives for making the chips themselves as well as specialized equipment needed to make the chips. The credit is provided for property placed in service after Dec. 31, 2022, for which construction begins before Jan. 1, 2027. That's estimated at $24 billion.
BOOSTING SCIENCE The bill authorizes $200 billion over 10 years primarily for research activities. This includes a big jump in authorizations for programs to expand the National Science Foundation's work and establish regional technology hubs to foster develop of high tech in parts of the country that have not been hubs for the industry. But it will require separate legislation to fund those programs.
Senator Democratic Leader Chuck Schumer included the science funding in the bill only after it drew Republican support in a first procedural vote last week. AND SOME EXTRAS
The bill includes provisions to expand "STEM" - Science, Technology, Engineering and Math education, including measures to reach traditionally underserved communities, foster hiring of veterans in STEM careers and fight sexual harassment in science. The bill includes $19.4 million in funding to provide enhanced security protection for U.S. Supreme Court justices and clerks, a reaction to threats against the justices as the high court has issued a series of precedent-breaking decisions, including overturning the right to abortion.
It also includes the authorization for NASA, the National Aeronautics and Space Administration.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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https://www.devdiscourse.com/article/education/2125633-factbox-us-congress-poised-to-pass-long-awaited-china-semiconductor-bill
| 2022-07-28T13:40:44
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| 0.941024
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5 heart-warming reads about furry friends you cannot miss
Reading might be your all-time favorite hobby, but cuddling with your furry friends while turning the pages makes the whole experience so much better. If you are a pet parent, these moving books with strong pet characters will be a perfect addition to your reading list! Check out these five amazing books that portray pets as a significant part of the protagonist's life.
The author's relaxed style of writing makes the book so wholesome. Daniel receives a letter from his girlfriend Clara, where she informs him that she has left on a journey to find herself. She leaves behind Doggo, her balding dog for him to care for. Low on luck, as Daniel watches his life fall apart, he develops an unexpected companionship with Doggo.
James Bowen recalls his time as a homeless musician living in London in this novel and writes how a stray cat with beautiful green eyes changed his life forever. This book will fill your heart with warmth, and brighten up your face with a wide smile. This unlikely friendship between a man and a ginger cat was adapted into a movie starring Luke Treadaway.
An up-and-coming racer, Denny Swift, shares a close bond with his philosophical dog, Enzo. The humorous tale shows how Enzo has a near-human soul and gathers knowledge from television and his master. He gives a wholesome overview of his life on his death bed, making this a heart-wrenching read with an insightful narration of human life. This book was also adapted into a movie.
This adventurous read shares great insight into the Suffrage movement in the UK, and its leader Emmeline Pankhurst. When her ward Alfie rescues a pup, Rascal, both Emmeline and Alfie are elated. Alfie and Rascal deliver messages between the Suffragettes as they organize their "Votes for Women" campaign. Will Emmeline succeed with Alfie and Rascal's help to give women the right to vote?
Estranged from his family and at the end of his life, the narrator lives with his only company, a cat. Confronted by the devil before he can complete his bucket list, the narrator is allowed an extra day in life in exchange for making one thing disappear. This story about loss, reconciliation, and discovering what really matters in life, has been translated from Japanese.
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https://www.newsbytesapp.com/news/lifestyle/heart-warming-reads-for-pet-lovers/story
| 2022-07-28T13:40:47
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| 0.976007
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BEIJING, July 28, 2022 /PRNewswire/ -- A news report from China.org.cn on a China folk house that traveled from China to America:
Among the woods in West Virginia, America, stands a dwelling with vivid Chinese ethnic features: tall wooden columns, doors inlaid with delicate carvings, and bright ornate patterns embellishing the walls.
Just a few years ago, the same farmhouse stood in Cizhong village, Yunnan province. John Flower, an American high school teacher discovered the house while he was in China. He was captivated by its architectural style which features a mixture of folk elements from the Han, Tibetan and Naxi ethnic groups. Knowing that the house sat within the designated zoning area of a future dam, the idea of "moving the house from Yunnan to America" suddenly surfaced in Flower's head.
In 2017, Flower came back to Cizhong with a team of craftsmen who surveyed the house, took it apart plank by plank, pack every single piece, shipped them all the way to America, and finally decided to "reconstruct" the house in West Virginia.
In a way, Flower has brought "a taste of China" to more Americans. As the house was being rebuilt, many local carpenters volunteered to help. Some of them grew interested in China's woodwork. Flower, who had been organizing field work in China for American students, started to hold cultural activities and summer camps there. This allowed more American students to get to know of Chinese culture, while participating in the reconstruction of the Chinese folk house themselves. One of the students who had been to Beijing once, couldn't wait to fly to Yunnan to see more for himself after seeing and helping build the folk house. The pandemic has made travel between China and the U.S. more difficult for now, but the folk house, which traveled all the way to America from Yunnan, has become a bridge linking Chinese and American culture, and captures the heartfelt fondness of the American people for Chinese culture and the Chinese people.
What's also worth mentioning is the mortise and tenon structure on which the house was built. Joinery parts carved into different shapes, with different amounts placed at just the right angles, could form stable structures without using a single nail or any glue. Similar to the Yunnan folk house mentioned above, "Yin Yu Tang", another traditional Chinese abode from Anhui province built using the mortise-tenon structure, was moved to the U.S. in the 1990s and reconstructed in Salem, near Boston. One could say, the mortise-tenon structure is crucial to the cross-border "copy and paste" of such constructions.
Single wooden compartments are thin and are shaped varyingly, but once joined up, they come together as a powerful unity and deliver surprising effects. Just like the Yunnan folk house standing in America, which would not have been possible without the efforts of both the Chinese and American peoples, this "house of friendship" also sheds valuable light on the relationship between China and the U.S.
China Mosaic
http://www.china.org.cn/video/node_7230027.htm
When an American Brings a Yunnan House Back Home
http://www.china.org.cn/video/2022-07/28/content_78345928.htm
View original content to download multimedia:
SOURCE China.org.cn
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https://www.wlbt.com/prnewswire/2022/07/28/when-an-american-brings-yunnan-house-back-home/
| 2022-07-28T13:40:47
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| 0.962995
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Redmi 10A Sport launched at Rs. 11,000: Check specifications
Xiaomi has launched a new affordable handset, the Redmi 10A Sport, in India. It is priced at Rs. 10,999 and is up for grabs via Mi.com and Amazon starting today. Interested buyers can avail an exchange offer on Amazon. As for the highlights, it features an HD+ IPS display, a MediaTek Helio G25 chip, and a 5,000mAh battery.
- Xiaomi has expanded its budget-range portfolio with the Redmi 10A Sport. It is similar to the Redmi 10A that was introduced in April.
- The Sport variant, however, has 6GB of RAM. Design-wise, the phone looks stylish with the fingerprint reader placed within the rear camera bump.
- The 10 Sport will serve well for those looking for a device with good battery backup.
The Redmi 10A Sport features a waterdrop notch design with a noticeable bottom bezel and a rear-mounted fingerprint sensor. On the rear, it sports a blacked-out, squarish camera island. The handset bears a 6.53-inch HD+ (720x1600 pixels) IPS LCD display with a peak brightness of 400-nits and TÜV Rheinland certification. It is offered in Charcoal Black, Sea Blue, and Slate Gray color options.
The Redmi 10A Sport is equipped with a single 13MP (f/2.2) snapper on the back, along with an LED flash module. Up front, it sports a 5MP (f/2.2) selfie shooter.
The Redmi 10A Sport is fueled by a MediaTek Helio G25 SoC, mated with 6GB of RAM and 128GB of internal storage. Under the hood, it runs on Android 12-based MIUI 12.5 and packs a 5,000mAh battery with 10W charging support. For connectivity, the device offers support for 4G, Bluetooth 5.0, Wi-Fi, a 3.5mm headphone jack, and a micro-USB port.
The Redmi 10A Sport carries a price-tag of Rs. 10,999 for the sole 6GB/128GB model. It is up for grabs via Mi.com and Amazon. Citibank credit card holders can avail a discount of up to Rs. 750.
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https://www.newsbytesapp.com/news/science/redmi-10a-sport-launched-in-india-price-specifications/story
| 2022-07-28T13:40:49
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| 0.904525
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Rohit Sharma set to break this record of MS Dhoni
India routed West Indies 3-0 in the three-match ODI series after claiming a 119-run win (DLS) in the series decider. The two teams would now clash in the five-T20I series, starting July 29. Regular skipper Rohit Sharma, who missed the recently-concluded series, returns to lead the Men in Blue. He is on the verge of breaking a significant T20I record of legend MS Dhoni.
- Dhoni, who retired from international cricket in 2020, remains the most successful Indian captain in T20I cricket.
- He led India to 41 wins in 72 T20Is (Tied: 1, NR: 2).
- Dhoni slammed 1,112 T20I runs while leading the Men in Blue, the second-most by an Indian captain, after Virat Kohli (1,570).
- Rohit requires just 60 runs to surpass Dhoni on the list.
Rohit has led India in 31 T20Is so far. He has racked up 1,053 runs in these matches at an average of 36.31. The 35-year-old has a strike rate of 152.83 as captain in T20I cricket. Rohit is the only player to have slammed more than one T20I century as captain (2). Besides, he has scored seven T20I half-centuries while leading India.
Rohit is the second-highest T20I run-scorer after New Zealand's Martin Guptill (3,399). In a career spanning over a decade, Rohit has slammed 3,379 runs from 128 T20Is at an average of 32.18. In the upcoming series, he could become the first-ever batter to touch the 3,500-run mark in the format. At present, Rohit is only one of three batters with over 3,000 T20I runs.
Rohit has the most runs by a batter against the West Indies in T20I cricket. In 18 T20Is against the Windies, the Indian skipper has slammed 585 runs at 39.00. Rohit has struck at 139.61 against the Caribbeans. The tally includes one ton and four half-centuries. He is set to become the first batter with over 600 T20I runs against WI.
Earlier this year, Rohit became just the second Indian after Kohli to complete 10,000 runs in T20 cricket. The former now has an opportunity to eclipse Kohli (10,626) in terms of T20 runs. Rohit has slammed 10,229 runs in the format as of now. He could also become the first Indian batter to register 450 sixes in the format.
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https://www.newsbytesapp.com/news/sports/rohit-sharma-set-to-break-ms-dhoni-s-record/story
| 2022-07-28T13:40:50
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| 0.966332
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14 states urged to expedite completion of new medical colleges approved under Central scheme
The Union government on Thursday urged 14 states to accelerate the utilisation of funds and expedite completion of new medical colleges attached with district hospitals approved under a Centrally sponsored scheme for early commencement of undergraduate courses.According to a health ministry statement, 157 new medical colleges have been sanctioned so far under the scheme in three phases since 2014.Reviewing the scheme with health secretaries and directors of medical education of 14 states and Union Territories through video conferencing on Thursday, Union Health Secretary Rajesh Bhushan highlighted the slow progress of the projects.
- Country:
- India
The Union government on Thursday urged 14 states to accelerate the utilisation of funds and expedite completion of new medical colleges attached with district hospitals approved under a Centrally sponsored scheme for early commencement of undergraduate courses.
According to a health ministry statement, 157 new medical colleges have been sanctioned so far under the scheme in three phases since 2014.
Reviewing the scheme with health secretaries and directors of medical education of 14 states and Union Territories through video conferencing on Thursday, Union Health Secretary Rajesh Bhushan highlighted the slow progress of the projects. He urged the states to expedite the completion of projects to enable the commencement of undergraduate courses by the 2023-24 academic session.
It was pointed out that since the scheme is scheduled to end on March 31, 2024, all projects need to be completed in time. Rs 7,500 crore has been allotted for the schemes of Human Resources for Health (HRH) and Medical Education (ME) for the 2022-23 financial year.
However, due to the slow pace of expenditure by states and Union Territories and since there has been no requisition for funds, further release of money by the Centre cannot take place, the ministry said in a statement.
The states were also told that utilisation certificates have to be furnished urgently to enable the Centre to release balance funds.
Bhushan advised the states to explore and use locally relevant and green technology options, and steel composite structures for projects which are yet to start.
It was pointed out that some of the projects seem to be languishing as the construction companies lack the requisite experience in building hospitals, the statement said. The Andaman and Nicobar Islands, Arunachal Pradesh, Assam, Bihar, Chhattisgarh, Himachal Pradesh, Haryana, Jharkhand, Jammu and Kashmir, Maharashtra, Madhya Pradesh, Meghalaya, Mizoram, Nagaland, Odisha and Punjab attended the meeting.
The Union government launched the Centrally Sponsored Scheme for the establishment of new medical colleges attached to existing district/referral hospitals in January 2014. The fund sharing between the Centre and states is in the ratio of 90:10 for the northeast and special category states and 60:40 for others.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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https://www.devdiscourse.com/article/education/2125659-14-states-urged-to-expedite-completion-of-new-medical-colleges-approved-under-central-scheme
| 2022-07-28T13:40:52
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| 0.948435
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Combining the company's two flagship editors, Wix Artificial Design Intelligence (ADI) and the classic Wix Editor, the new Wix Editor provides a powerful and efficient unified web creation and management experience
NEW YORK, July 28, 2022 /PRNewswire/ -- Wix.com Ltd. (Nasdaq: WIX), a leading global SaaS platform to create, manage and grow an online presence, today announced the release of the new Wix Editor. This offering brings together Wix ADI, the editor that instantly designs tailored websites based on the users' intent and design preferences, and the classic Wix Editor, which enables limitless design possibilities, into one powerful solution for web design. The new offering simplifies complex design capabilities and enables all users, from self-creators to professional web developers, designers, and agencies, to swiftly turn their web creation visions into realities by providing a unique creation experience paired with advanced AI features.
The new offering personalizes the web creation process for each users' intent. Wix ADI users now have the freedom of customization the classic editor offers, and existing Wix Editor users now have enhanced AI technology to help guide creation and design elements, along with more flexibility and freedom of customization. From any starting point of website creation, whether from a blank canvas, pre-designed templates, or utilizing Wix's AI technology, all users will have new advanced features, all in one efficient platform. Users can work side-by-side with AI tools to create, customize and update their online presence more swiftly and efficiently to keep up with the ever-changing design trends and business climate.
"Our users' needs and intents are at the forefront of our product development," said Avishai Abrahami, Co-Founder and CEO of Wix. "I'm proud of our dedicated team who has listened to our users' needs, predicted trends, and worked to innovate the entire creation process, making web design more rapid and intuitive to meet the online demands of creators and business owners today. Our mission has always been to be a platform where any type of user and any type of business can create their dreams online, and the new Wix Editor helps to set the stage for the future of creation."
"With the creation of the new Wix Editor, we wanted users to have the feeling that a professional web designer is supporting them during their creation process. Each aspect of this was built to help guide users based on their intent and simplify the creation process," said Oded Nachshon, Head of Wix Editor. "This new offering aligns with the needs of today's self-creators as well as professional users. The platform removes barriers that generally complicate website building and enables users to keep their site updated and on brand with the latest technology."
Highlights of the new offering include:
- Quick creation with total editing freedom: Users can quickly create tailor-made websites that align with their brand. This provides users the ability to begin their design using advanced technology and then continue with complete customization and flexibility.
- Themed design kits for brand alignment: Users can create their own theme or use pre-designed kits that include colors and fonts that are wired to the site elements enabling customization of their site theme to cohesively represent their brand across their website. With a range of theme options like retro vibrant, nostalgic, energetic or tech-savvy, users can play around with different themes before committing to one, decide to customize certain colors or fonts within the theme—or even decide to create their own distinct brand.
- Sections for easy navigation: Sections are new full-width customizable building blocks that allow users to divide the page into meaningful content pieces. These help users interact, arrange and navigate content within the page more intuitively and work on one section at a time. Users can build their own or choose from a variety of designed presets to create an engaging and cohesive experience for visitors whether they come from a desktop or mobile device.
- Section layout suggestions for design optimization: This feature uses AI capabilities to identify the elements within the section and their semantics. Then it suggests beautiful layouts that serve the sections' business goals. This feature allows users to update their pages' look or layout with ease and confidence, without affecting existing content.
- Quick edit tool for content management: Users can skim through all the elements in the section and change them on the sidebar without touching the canvas. This allows users to update content without worrying that it will accidentally move or change an element that will impact the design.
The new Wix Editor experience is in its final stages of the rollout and will gradually be available to all users.
Watch the launch video here.
About Wix.com Ltd.
Wix is a leading platform to create, manage and grow a digital presence. What began as a website builder in 2006 is now a complete platform providing users with enterprise-grade performance, security and a reliable infrastructure. Offering a wide range of commerce and business solutions, advanced SEO and marketing tools, Wix enables users to have full ownership of their brand, their data and their relationships with their customers. With a focus on continuous innovation and delivery of new features and products, anyone can build a powerful digital presence to fulfill their dreams on Wix.
For more about Wix, please visit our Press Room.
Media Relations Contact: PR@wix.com
View original content to download multimedia:
SOURCE Wix.com Ltd.
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https://www.wlbt.com/prnewswire/2022/07/28/wix-unveils-new-editor-experience-with-leading-edge-ai-advanced-features-next-generation-web-creation/
| 2022-07-28T13:40:54
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| 0.937566
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Sebastian Vettel to retire from F1: Decoding his career stats
Sebastian Vettel has announced that he will retire from Formula 1 at the end of 2022 season. The 35-year-old German, who spent six seasons with Ferrari after joining the F1 giants in 2015, will see out the remainder of his final campaign with Aston Martin. He is currently third on the list of all-time Grand Prix winners with 53 victories. We decode his stats.
- Vettel will fondly be remembered as a champion performer in F1's history.
- He went on to win four consecutive titles for Red Bull between 2010 and 2013.
- Notably, the first title made him the sport's youngest winner.
- He had a mixed time with Ferrari, not quite being able to match Mercedes' strengths.
- He will be keen to finish strongly this season with Aston Martin.
"The decision to retire has been a difficult one for me to take, and I have spent a lot of time thinking about it," said Vettel, who confirmed his retirement in a video posted on Instagram. He also added that he wants to spend more time with his family and will focus on what's next.
Vettel has won 53 races in his career. He is only behind Lewis Hamilton (103) and Michael Schumacher (91) in terms of wins. Vettel also shares the record of clocking most race wins in a calendar year with Schumacher (13). Vettel won 13 out of the 19 races in 2013 with Red Bull. Schumacher won 13 races out of 18 with Ferrari in 2004.
Vettel owns the record of clocking most consecutive race wins. He won nine successive races in 2013 with Red Bull. The wins came in Belgium, Italy, Singapore, Korea, Japan, India, Abu Dhabi, United States, and Brazil. Alberto Ascari won 7 consecutive races between 1952-53. Michael Schumacher did it in 2004 and Nico Rosberg followed suit in 2015-16 with Mercedes.
Sebastian also held the record as the youngest F1 winner at 21 years and 73 days when he emerged victorious at the 2008 Italian Grand Prix. The record was eclipsed by Max Verstappen, who won the 2016 Spanish GP at 18 years and 228 days.
Vettel is ranked fourth in terms of securing the most pole positions in F1 with 57. Mercedes star Lewis Hamilton has the most pole positions (103). He is followed by Schumacher (68), and Ayrton Senna (65). Vettel has the second-highest number in terms of consecutive pole positions at the Japanese Grand Prix (4). He is only behind Schumacher (5).
Vettel is ranked third in terms of most podium finishes (122). He is only behind Hamilton (187) and Schumacher (155). Vettel has the joint-second highest podium finishes in a single year (17 in 2011). He ranks fourth in terms of most consecutive podiums (11) after Schumacher (19), Hamilton (16), and Fernando Alonso (15). He is the 4th-youngest to score a podium finish.
Vettel holds the record for most pole positions in a season (15 in 2011). He is still the youngest polesitter, aged 21 years and 72 days (2008 Italian GP). Vettel has clocked 38 fastest laps which is the fifth-highest after Schumacher (77), Hamilton (60), Kimi Raikkonen (46), and Alain Prost (41). He is the 8th-youngest to set the fastest lap (21 years, 353 days).
In 2013, Vettel clocked 397 points to win the title. It's the third-highest in terms of most championship points in a season after Hamilton (413 in 2019 and 408 in 2018). Vettel has finished 245 career races (fourth-highest). He has 31 wins from pole positions (3rd-highest). He shares the record with Nigel Mansell in terms of most wins from pole positions in a season (9).
Vettel won four titles between 2010 to 2013. He shares the record of four titles won alongside Prost, who won in 1985, 1986, 1989, and 1993. Schumacher and Hamilton have seven titles each. Juan Manuel Fangio has five titles. At 23 years and 134 days, Vettel is still the youngest World Drivers' Championship first-time winner.
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https://www.newsbytesapp.com/news/sports/sebastian-vettel-to-retire-from-formula-1/story
| 2022-07-28T13:40:57
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| 0.962264
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Partha Chatterjee to remain suspended from TMC till probe on: Party national gen secy
Arrested TMC leader Partha Chatterjee will remain suspended from the party till the investigation into a school recruitment scam is underway, the partys national general secretary Abhishek Banerjee said on Thursday.Chatterjee has been removed from all party posts, he said.Banerjee, following a meeting of the partys disciplinary committee, also said that doors of TMC would be opened for Chatterjee only if he is proven innocent.Chatterjee was TMCs secretary general for nearly two decades and was appointed the partys national vice-president earlier this year.It has been decided that Partha Chatterjee will be removed from all party posts.
- Country:
- India
Arrested TMC leader Partha Chatterjee will remain suspended from the party till the investigation into a school recruitment scam is underway, the party's national general secretary Abhishek Banerjee said on Thursday.
Chatterjee has been removed from all party posts, he said.
Banerjee, following a meeting of the party's disciplinary committee, also said that doors of TMC would be opened for Chatterjee only if he is proven innocent.
Chatterjee was TMC's secretary general for nearly two decades and was appointed the party's national vice-president earlier this year.
''It has been decided that Partha Chatterjee will be removed from all party posts. He will remain suspended from the party till the investigation is over. We demand that the investigation be completed within a limited time frame.TMC will not support anyone found to be involved in corruption,'' Banerjee said.
Earlier in the day, Chatterjee was removed as minister from the West Bengal cabinet.
The ED arrested Chatterjee on July 23 in connection with its investigation into alleged irregularities in the recruitment drive by School Service Commission (SSC).
The central agency has also arrested Chatterjee's close associate Arpita Mukherjee, and seized crores of rupees in cash from her residences in different parts of the city.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
- READ MORE ON:
- Abhishek Banerjee
- Chatterjee
- School Service
- Banerjee
- Partha Chatterjee
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West Bengal SSC scam: TMC Minister Partha Chatterjee's close aide Arpita Mukherjee produced in court today
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https://www.devdiscourse.com/article/education/2125669-partha-chatterjee-to-remain-suspended-from-tmc-till-probe-on-party-national-gen-secy
| 2022-07-28T13:40:59
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| 0.962155
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25+ Companies Have Joined the Initiative to Close Gender Equality Gap in Business
WASHINGTON, July 28, 2022 /PRNewswire/ -- Women Business Collaborative (WBC), and lead sponsor Diligent, today announce a new strategic initiative focused on closing the gender equity gap in business. The Companies of Purpose Initiative will identify best practices of purpose-driven leadership to improve diversity, equity, and inclusion (DEI) in position, pay and power. It will share and scale ways to influence action and change in the "social" aspects of ESG including programs related to staffing, brand, and community.
"We're proud to launch the Companies of Purpose Initiative with Diligent," said Edie Fraser, CEO of the WBC. "Great leaders are stepping forward to put diversity and accountability at the heart of business — building more transparent organizations. By identifying and compiling a list of best practices in this area, we will empower organizations to develop and execute strategic and innovative ideas with tangible and practical tools and programs that will improve position, pay, and power for women and women of color in business.
In addition to Diligent, more than 28 public and private companies of purpose including 14 led by women (50%) have joined the initiative: ACLI (association), Akamai, CBRE, CISCO Systems, Diversified Search Group, General Motors, IBM, Knock, Kolar, Modere, New York Life, Omega World Travel, Pinnacle Global Network, Raytheon Technologies, Sanofi, Signet, SNT BioTech, Sodexo, Storyville Gardens, Sunny Days, Syndio, Tata Consultancy Services (TCS), Verizon, Wilmington/M&T Bank Corporation, and Zoetis.
One area of focus will be the composition of boardrooms across industries documented in the WBC ongoing survey Women Leading Boards. The study details the status of women on public and private boards. 2021 was a watershed year for board diversity with women holding 27% of all board seats, up from 24% in 2020, the largest one-year increase among the Russell 3000 to date. The initiative also will examine the state of DEI and ESG reporting in public companies across the Fortune, S&P and Russell indexes. The goal is to ensure that corporate purpose is directly linked to diversity, equity, and inclusion in business leadership.
"When it comes to building diverse board and executive teams, giving leaders visibility into best practices from other organizations is key to shifting intention into action," said Lisa Edwards, President and COO of Diligent and board director at Colgate-Palmolive. "We're proud to partner with WBC to bring this initiative to life and shed light on the gender equity gap in business and its impact on performance."
The Companies of Purpose Initiative builds on the existing Diligent and WBC partnership which was created under the Diligent Modern Leadership initiative to increase diverse representation at the executive and board levels of global business.
The Women Business Collaborative (WBC) is an unprecedented alliance 70+ women's business organizations and hundreds of business leaders building a movement to achieve equal position, pay, and power for all women in business. Through collaboration, advocacy, action, and accountability, we mobilize thousands of diverse professional women and men, business organizations, public and private companies to accelerate change. For more information on the Women Business Collaborative visit wbcollaborative.org
Diligent is the global leader in modern governance, providing SaaS solutions across governance, risk, compliance and ESG. Serving more than 1 million users from over 25,000 customers around the world, we empower transformational leaders with technology, insights, and confidence to drive greater impact and lead with purpose. Learn more at diligent.com.
View original content to download multimedia:
SOURCE Women Business Collaborative
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https://www.wlbt.com/prnewswire/2022/07/28/women-business-collaborative-with-diligent-launch-companies-purpose-initiative-drive-dei-workplace-community/
| 2022-07-28T13:41:01
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| 0.937452
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TN's Nehru stadium dazzles, rocks with music during Chess Olympiad inaugural
The Nehru Indoor Stadium here sparkled with classy lighting, and a sense of excitement was palpable during the inaugural event for the 44th Chess Olympiad.The sprawling arena in downtown Chennai was buzzing with fresh ideas represented in the form of elegant decor with the undercurrent being the nerve-wracking game of chess.
- Country:
- India
The Nehru Indoor Stadium here sparkled with classy lighting, and a sense of excitement was palpable during the inaugural event for the 44th Chess Olympiad.
The sprawling arena in downtown Chennai was buzzing with fresh ideas represented in the form of elegant decor with the undercurrent being the nerve-wracking game of chess. Sand artist Sarvam Patel created magic with his skill by interspersing ancient Mamallapuram shore temple, the game of chess and the host nation India, besides that of Tamil Nadu Chief Minister M K Stalin.
The FIDE 44th Chess Olympaid commences on July 28 and ends on August 10. The classy lighting displayed multiple colours everywhere and the magic of light embossed on the foreground a grand, big chessboard and the flags of participating countries. The stadium's dais was decked with king-sized brightly coloured chess pieces of king, bishop, rook, queen, knight and the pawns.
A special dance-song ''Vanakkam Chennai, Vanakkam Chess'', was screened. An audio visual on the theme of sand-sculpting captured the game of chess to be played in Tamil Nadu's historic sea port town of Mamallapuram.
With an orchestra playing pulsating music, teams from dozens of countries including Japan, China, Australia, Germany, Italy, South Africa, Austria, Albania, Algeria, Angola, Argentina, and Barbados were welcomed to unceasing rounds of applause in the stadium. 'Jai Ho' was among the Indian instrumental music played while 'Vande Mataram' was rendered.
All the eight forms of Indian classical dance, Kathak, Odissi, Kuchupudi, Kathakali, Mohiniyattam, Manipuri, Sattriya and Bharathanatyam were performed. People who gathered for the inaugural also reveled in the musical treat of Chennai based musician Lydian Nadhaswaram. FIDE anthem was played and a pledge was taken by participants. Top actor Rajinikanth was among the star invitees who were present.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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https://www.devdiscourse.com/article/entertainment/2125572-tns-nehru-stadium-dazzles-rocks-with-music-during-chess-olympiad-inaugural
| 2022-07-28T13:41:08
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en
| 0.955649
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Sweet Tooth Season 2 to show ‘bigger’ battles (Plus everything you need to know)
- Country:
- United States
Based on the DC comic of the same name by Jeff Lemire, Sweet Tooth was developed for the screen by Jim Mickle. It was originally planned for Hulu but ultimately streamed on Netflix and went on to archive huge success throughout the world.
Netflix's Sweet Tooth Season 2 was announced on July 29, 2021, and since then, fans are looking for updates on its production. Filming for Season 2 started in New Zealand in January 2022 and ended in May 2022. In a new behind-the-scenes video of Netflix's Geeked Week event, the Sweet Tooth Season 2 cast can be seen celebrating the production wrap-up.
Nonso Anozie, who plays Tommy Jepperd, said in the video, "It's been a long journey and it's been very hard work. But it's been amazing fun and I can't wait to share with you what happens in Season 2."
The post-apocalyptic fantasy drama, Sweet Tooth is set in a post-apocalyptic future where a viral pandemic wipes out most of the world's population. It shows that "The Great Crumble" devastated the world, leading to the birth of many hybrid babies – (babies) that were partly human and partly animal. Confused about the consequences of raising hybrid babies, many people would even kill them out of fear.
Season 2 will follow the continuation of the story of the birth of hybrid babies. The story mainly focuses on Gus (played by Christian Convery), a young boy who is half-human half- deer living in a remote location with his father.
In the last season, Gus comes out of the forest with Jepperd and visits Colorado in search of his mother. There he meets the dangerous and troublesome world outside his woodland home. Later he finds his mother's home but could not find his family. Then he realizes that he does not have any human parents. Instead, he is a brainchild of a scientist.
He again comes to know that his father lied to him. Then Gus decides to stay in the Preserve. However, he did not know that Preserve has been acquired by General Abbot and his Last Men. Then The Last Men will come and shoot Jepperd. They will take Gus with them but will leave injured Jepperd for dead.
In Sweet Tooth Season 2, former therapist Aimee Eden (Dania Ramirez) will save Jepperd and plan to set free her adopted hybrid daughter Wendy and all of the other kids from Abbot's forces who abducted them.
This time the battle will be bigger said the Season 2 cast Dania Ramirez, who plays former therapist and hybrid protector Aimee Eden.
"The stakes are higher. The battles are bigger. The mean guys are meaner," said the actor.
When it comes to the release date, since the cast video by Netflix is promising that Season 2 is coming soon, we can safely assume that Netflix will release the show in this winter or in early 2023.
Almost all the young stars including Nonso Anozie, Adeel Akhtar, Stefania LaVie Owen, Dania Ramirez, Aliza Vellani and James Brolin are returning to reprise their roles in Sweet Tooth Season 2.
Stay tuned to Devdiscourse for more updates on the Netflix series.
Also Read: Too Hot to Handle Season 4 is official! Might get a 2022 release date
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https://www.devdiscourse.com/article/entertainment/2125590-sweet-tooth-season-2-to-show-bigger-battles-plus-everything-you-need-to-know
| 2022-07-28T13:41:15
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en
| 0.977541
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What could be Fast X's plot? New talents added to roster
- Country:
- United States
We are just 10 months behind the global release of Fast and Furious 10, and obviously, that's the reason the Fast and Furious franchise, action and speed enthusiasts are passionately looking forward to the latest updates on it. The imminent movie has not only assembled a massive gathering of unique talents, but it is also attracting more new talents to its roster.
So far, we know Fast and Furious 10 has got the official movie name, Fast X. The upcoming movie Fast X will see the actors such as Vin Diesel, Michelle Rodriguez, Tyrese Gibson, Chris "Ludacris" Bridges, Jordana Brewster, John Cena, Nathalie Emmanuel, Sung Kang, Scott Eastwood, Michael Rooker, Charlize Theron, Jason Statham, Helen Mirren, and Cardi B, including the newly added talents like Jason Momoa, Daniela Melchior, Brie Larson, Alan Ritchson and Rita Moreno.
Fast and Furious 10 aka Fast X already suffered a delay in production due to the pandemic. It also suffered delay due to the exit of Star Trek Beyond's director Justin Lin from the position of director. He has been replaced by Louis Leterrier, who is globally popular for the superhit movies like Now You See Me, Transporter 2, The Incredible Hulk, and Clash of the Titans to name a few.
Michelle Rodriguez said to Deadline at San Diego Comic-Con that the production of Fast X was able to stay well on track, and there are only four or five weeks left to shoot during the period when it lost its director.
"Bro, I couldn't even believe it. We lost the director and everything, and nothing was stopping that machine, let me tell you. We're almost done. I mean, production is literally like four weeks, five weeks away from finishing. Bro, I finished already. I finished shooting. We did our thing, baby. Trust me, you're going to see so many - such craziness, you're going to be like, 'Oh, I get it,'" Michelle Rodriguez opined.
Fast X will bring back actors from the previous movies (as the names are mentioned above). Only Dwayne Johnson will not return in Fast and Furious 10 following his reported cold feud with Vin Diesel. However, fans should not take his absence in the tenth installment as confirmed news as anything can happen anytime in the celeb and movie world.
The larger updates on Fast X's plot are still being under wraps, obviously to avoid much speculations and rumors. However, Tyrese Gibson revealed in a recent interview that Fast and Furious 10 would feature more details about Dom's past. The imminent movie is going to be the first of a two-part finale that will finale put the franchise to bed for good, Collider reported.
The tenth installment of the Fast and Furious franchise, Fast X is set to hit the big screens on May 19, 2023. Stay tuned to Devdiscourse to get the latest updates on Hollywood action movies.
Also Read: Now You See Me 3: Current status, release & everything we know so far
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https://www.devdiscourse.com/article/entertainment/2125611-what-could-be-fast-xs-plot-new-talents-added-to-roster
| 2022-07-28T13:41:23
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en
| 0.954145
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