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Since 2012, SWK Holdings has completed financings with 46 life sciences companies, deploying $650 million of capital
Second Quarter 2022 Financial Results to be Announced in August
DALLAS, July 13, 2022 /PRNewswire/ -- SWK Holdings Corporation (Nasdaq: SWKH), a life science-focused specialty finance company catering to small-and mid-sized commercial-stage companies, announced today the celebration of the 10th anniversary under its current business strategy. Since the commencement of this strategy in 2012, SWK has deployed $650 million in capital to support growth opportunities for small and mid-sized life sciences companies through the creation of unique financing structures. These deals include structured debt, traditional royalty monetization, synthetic royalty transactions, and asset purchases, and typically range in size from $5.0 million to $25.0 million, a market segment often ignored by other structured finance companies.
"This is a time of celebration for SWK as we mark our 10th year as a partner-of-choice for small-to-mid-sized life sciences companies seeking non-dilutive financing to fuel the development and commercialization of life-saving and life-enhancing technologies," said Winston Black, Chairman and CEO of SWK Holdings. "I am proud of the results the SWK team has delivered. We started off in May of 2012 with a public shell that had no operating business and $38 million of assets as of March 31, 2012. Since then, we have grown our vision into a premier life science specialty finance platform with $286 million of assets as of March 31, 2022. SWK has provided consistent returns on our investments and to our shareholders with our book value per share increasing at a 10% compound annual growth rate from the fourth quarter of 2012 to $21.10 through the first quarter of 2022. This performance is a testament to both our focus on a market segment that is often overlooked by larger specialty financing companies and our ability to identify opportunities to which our investment vehicles are well-suited and where positive returns are likeliest to be achieved."
Mr. Black continued, "As we reflect on our successes during our first 10 years, we believe our near-term and longer-range growth prospects are robust. Leveraging support and insights from our new Board of Directors, in May of this year, SWK filed a $200 million mixed securities shelf registration statement as part of our strategy to expand our capital base and re-instituted a stock repurchase program. Recently, SWK was added to the Russell 2000, 3000 and Microcap Indexes, which should serve to attract additional investor attention and maintain the positive momentum that we've witnessed in SWK's stock since our uplist to Nasdaq in 2020. Additionally, our work with Enteris BioPharma, which SWK acquired in 2019, continues to advance as the company partners with pharmaceutical companies to develop orally delivered peptides and small molecules, advance its product pipeline, and maximize its state-of-the-art manufacturing facility, which was significantly expanded in 2021."
Mr. Black concluded, "Looking ahead, SWK is focused on the pursuit of compelling opportunities with an eye towards selectively funding high quality assets positioned to weather the current capital market drought. Since our launch of the current business strategy, we have experienced a variety of market conditions, including the unprecedented turbulence caused by COVID-19. Through it all, SWK has been able to produce consistent returns because we remain steadfast to our business strategy and our focus on providing creative, non-dilutive financing to small and mid-sized life sciences companies."
SWK Holdings Corporation is a specialized finance company with a focus on the global healthcare sector. SWK partners with ethical product marketers and royalty holders to provide flexible financing solutions at an attractive cost of capital to create long-term value for both SWK's business partners and its investors. SWK believes its financing structures achieve an optimal partnership for companies, institutions and inventors seeking capital for expansion or capital and estate planning by allowing its partners to monetize future cash flow with minimal dilution to their equity stakes. SWK also owns Enteris BioPharma, whose Peptelligence® and ProPerma™ drug delivery technologies create oral formulations of peptide-based and BCS class II, III, and IV small molecules. With Enteris, SWK has the opportunity to grow its finance business by actively building a wholly-owned portfolio of milestones and royalties through licensing activities. Additional information on the life science finance market is available on the Company's website at www.swkhold.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Statements including words such as "believes," "expects," "anticipates," "intends," "exploring," "estimates," "plan," "will," "may," "look forward," "intend," "guidance," "future" or similar expressions are forward-looking statements. Because these statements reflect SWK's current views, expectations and beliefs concerning future events, these forward-looking statements involve risks and uncertainties. Investors should note that many factors, as more fully described under the caption "Risk Factors" and elsewhere in SWK's Form 10-K, Form 10-Q and Form 8-K filings with the Securities and Exchange Commission and as otherwise enumerated herein, could affect the Company's future financial results and could cause actual results to differ materially from those expressed in such forward-looking statements. The forward-looking statements in this press release are qualified by these risk factors. These are factors that, individually or in the aggregate, could cause the Company's actual results to differ materially from expected and historical results. You should not place undue reliance on any forward-looking statements, which speak only as of the date they are made. We assume no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise.
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SOURCE SWK Holdings Corporation | https://www.dakotanewsnow.com/prnewswire/2022/07/13/swk-holdings-corporation-marks-10th-anniversary-celebrating-growth-progress/ | 2022-07-13 13:13:03 | 0 | https://www.dakotanewsnow.com/prnewswire/2022/07/13/swk-holdings-corporation-marks-10th-anniversary-celebrating-growth-progress/ |
SPRINGFIELD — In the earliest days of the COVID-19 pandemic, Gov. J.B. Pritzker was handed a report from researchers at the University of Illinois.
The analysis was written by scientists and mathematicians who were trying to estimate how many deaths and hospitalizations would occur under different scenarios — one if the state took no action; another if it imposed only moderate mitigation measures; and yet another if it imposed significant measures such as a stay-at-home order.
“And without any mitigations, their projection was, just in the Chicago area alone, we would see 40,000 deaths in approximately four months,” Pritzker recalled in an interview this week.
He said he still keeps a copy of that report in his office.
On March 9, 2020, Pritzker issued his first statewide disaster declaration related to COVID-19, a declaration he would go on to renew every 30 days for more than three years. In the following days, he would issue executive orders closing schools to in-person attendance, then closing bars and restaurants and, eventually, a general stay-at-home order that would shutter all “nonessential” businesses for months to come.
“We were advised by the Department of Homeland Security that there were certain kinds of businesses that should be deemed ‘essential,’ and the Department of Homeland Security had a list that they had put together for these sorts of emergencies,” Pritzker said. “And so that was what we used and what virtually every state used to determine what should stay open and how to keep people safe.”
Now, more than three years after he issued that first disaster declaration, the last of his pandemic-era executive orders is ending. Pritzker announced in January that Illinois’ disaster declaration would end on May 11, the same day chosen by the Biden Administration to end the federal COVID disaster declaration that also dates back to early 2020.
From a practical standpoint, most people won’t notice the end of the disaster declaration on Thursday because the state pandemic-related orders that most directly affected their daily lives — school closures, mask mandates, limits on public gatherings — have long since expired. But for some, it will mean the end of certain federally funded benefits.
“There are no restrictions,” Pritzker said. “Why was there a disaster declaration? Because in order for us to receive the federal benefits that were being offered to SNAP (Supplemental Nutrition Assistance Program) recipients, who are the poorest people in our state, people who needed Medicaid, who are the poorest people in our state, you needed to match up your disaster declaration and executive orders with the federal government's executive orders and disaster declaration. So we did that.”
Pritzker said some people will receive less aid through SNAP and some Medicaid recipients could lose their eligibility, but he said those changes will not have a significant impact on the state budget.
The end of the disaster declaration will also mean that as of Thursday, testing and many of the treatments for COVID-19 will no longer be free, although Pritzker said they will be covered by insurance.
Looking back over the last three years, though, Pritzker reflected on what it was like during the initial weeks and months of the pandemic when scientists and public health officials all over the world were still trying to understand this novel virus.
“We didn't know much about COVID-19, or even how it was spread,” he said. “Remember early on, there was some belief that it could be spread on surfaces. And so people were wearing gloves to open their packages and things like that.
“So there wasn't a lot of information. What we knew was that the most effective way to keep people safe in the early moments of this would be for people to keep some social distance.”
Over the course of the next several months, Pritzker held daily news conferences — usually accompanied by his public health director at the time, Dr. Ngozi Ezike — to relay the most recent information, announce new mitigation orders and provide the latest statistics on infection rates, hospitalizations and deaths.
“Remember, communication to the public was vitally important when the federal government was providing very little,” Pritzker said. “And so that's the reason why I was at that podium every day, for months straight. It was because people needed to know what the latest information was.”
By summer 2020, the state began to gradually roll back many of the mitigation orders on a region-by-region basis and by the end of the year, the first vaccines became publicly available.
Throughout 2021, new variants of the virus would emerge, leading to temporary spikes in COVID cases, hospitalizations and deaths. But as the vaccines became more widely distributed, the death and hospitalization rates started falling steadily, and in 2022 Pritzker began phasing out many of mitigation orders that had been in place.
Pritzker maintains that as a result of those measures, Illinois avoided the direst predictions of the mathematicians and scientists at the University of Illinois. According to the Illinois Department of Public Health, as of April 30, the entire state of Illinois has seen 36,850 confirmed COVID-19 deaths, and another 5,155 “probable” disease-related deaths.
“But if one were to look at how Illinois handled the pandemic — and this is kudos and gratitude to the people of Illinois — people did the right thing,” Pritzker said. “And the vast majority of people in Illinois understood what they needed to do. They heard what they needed to do from the experts, and they did it. And the result of that is, to the extent one can use the word ‘success’ here, the result is that we had real success here at keeping people safe and alive.” | https://pantagraph.com/news/state-and-regional/govt-and-politics/pritzker-reflects-on-three-years-of-pandemic-as-disaster-declarations-are-set-to-end/article_581f78c4-ef53-11ed-8339-0358666afa81.html | 2023-05-10 21:13:26 | 1 | https://pantagraph.com/news/state-and-regional/govt-and-politics/pritzker-reflects-on-three-years-of-pandemic-as-disaster-declarations-are-set-to-end/article_581f78c4-ef53-11ed-8339-0358666afa81.html |
Nearly 6,000 independent artists submitted to this year's Tiny Desk Contest with high hopes of performing behind the same Desk that's been graced by artists like Taylor Swift, Usher and Yo-Yo Ma. Today, Morning Edition announced the winner: Little Moon, a band from Springville, Utah.
Much like the story behind it, the band's winning entry, "Wonder Eye," has distinct phases. It begins with artist Emma Hardyman quietly plucking a guitar before her voice builds and the six-person band — Emma Hardyman, plus bassist Nathan Hardyman, keys player Bly Wallentine, harpist Bridget Jackson, drummer Chris Shemwell and electric guitarist Grace Johnson — erupts with a force of sound.
"I was used to not winning," Emma Hardyman tells Ari Shapiro, who she and her husband Nathan Hardyman spoke with hours after today's announcement. The Utah band members say they're not used to a lot of attention — and as longtime fans of Tiny Desk (the group has now entered the Contest four years in a row) it feels like a whole new realm to be seen by NPR. "It's like when your crush likes you back," jokes Nathan Hardyman.
Nathan and Emma Hardyman tell Shapiro that they began writing "Wonder Eye" while Nathan Hardyman's mother was in hospice care, and wrote the lyrics soon after she passed. "'Wonder Eye' incorporates the idea of multiple deaths," Emma shares. "I think it took the physical death to help us realize that death is really happening all the time — be it past versions of ourselves, old held beliefs, old judgements even. And to that extent, we're always grieving as well, which was also eye-opening."
There was another major personal life event that factored into Emma and Nathan writing the song: They were in the process of leaving the Mormon church they were raised in. "The tools I had been taught to use to make sense of death were no longer as relevant to me," Nathan Hardyman shares. "My belief system, which was once very clear about [what happens when you die] — I was no longer as certain of that. So the lyrics to the song are really a reminder to me to sit with that uncertainty."
"Is there a knowledge that is found / not in knowing?" Emma Hardyman sings in the winning entry. Nathan Hardyman says that acknowledging that he doesn't have all the answers is "a step toward finding acceptance and peace with the mystery of life."
He also shares: "My human instinct is to replace that uncertainty with something that doesn't upset us so much. But I think accepting uncertainty, accepting ambiguity, making peace with the mystery of life and death — that can be a really healing thing to do." Perhaps there's something paradoxical about taking uncertainty and grief and channeling it into something that became a definitive winner.
The band will perform its Tiny Desk concert at NPR's headquarters soon before headlining the Tiny Desk Contest On The Road tour. You can get tickets to see Little Moon on tour at NPRPresents.org.
Copyright 2023 NPR. To see more, visit https://www.npr.org. | https://www.wboi.org/2023-05-16/fourth-time-is-a-charm-for-this-years-tiny-desk-contest-winner | 2023-05-16 21:48:42 | 0 | https://www.wboi.org/2023-05-16/fourth-time-is-a-charm-for-this-years-tiny-desk-contest-winner |
Lowrider Bike Club continues to grow, celebrate culture
ALBUQUERQUE, N.M. – There were a lot of questions when Albuquerque City Council set aside $30,000 to turn an old patrol car into a lowrider.
The idea was to use it as a vehicle for connecting police to the lowrider community. Now, some people are saying it’s starting to work.
This weekend, police departments from across the country are meeting in Albuquerque for the “Vehicle for Change” conference.
“We’re having people from all over the nation, National City, from Arizona, from Kansas, all here to talk about how we bridge the gap between community and law enforcement,” said City Councilor Klarissa Pena.
The Lowrider Super Show is at the Albuquerque Convention Center this Sunday. But, there will be more than cars on display.
There’s a brand-new program that is connecting children to the lowrider culture, and they’ll be showing off their two-wheeled lowriders on Sunday.
Daniel Villalobos is one of the first eight students to join the Lowrider Bike Club. The Duke City chapter is the third in the nation – the first started in Kansas.
“We were changing lives one pedal at a time, and they did that because we literally had a bike with one pedal,” said Erik Erazo.
Erazo helped start the first Lowrider Bike Club. Now, they say there are 10 chapters nationwide that gets children together after school to build and paint bikes.
“The bonds we kind of form, and like the things they kind of taught me about life,” said Andres Padilla.
Two members are graduating from high school this year, and both say the relationships with the volunteers and mentors have meant a lot.
“I like working with everybody, every mentor, every volunteer. I’m very timid, I’m very self-reserved, but I just got to say I appreciate all you guys for working with me. Thank you,” said Villalobos.
Click here for more information on the 2023 Albuquerque Super Show.
Watch the video above for more. | https://www.kob.com/new-mexico/lowrider-bike-club-continues-to-grow-celebrate-culture/ | 2023-06-02 01:37:56 | 0 | https://www.kob.com/new-mexico/lowrider-bike-club-continues-to-grow-celebrate-culture/ |
NSU recognizes MSG Reeves Flurry as honorary captain
NATCHITOCHES – In continuing its tradition of honoring those who served in the nation’s Armed Forces during each home football game, Master Sergeant Reeves Flurry, U.S. Army Retired, was recognized during Northwestern State University’s Sept. 24 football game. Flurry recently joined the cadre of NSU’s ROTC program as the Assistant Recruiting Operations Officer and brings a wealth of experience and knowledge of fieldcraft to the program. He will instruct sophomore-level military science courses this spring.
Flurry comes to NSU from the Mississippi Army National Guard where he served over 17 years with the 2nd Battalion, 20th Special Forces Group (Airborne). There, he served as senior Operations Sergeant, Intelligence Sergeant and Combat Medic. Previously, he was a rifleman and fire team leader for 1st Battalion, 75th Ranger Regiment, Hunter Army Airfield, Georgia, where he conducted training exercises throughout the U.S., Europe and Central America. His combat experience includes two deployments to Afghanistan and two deployments to Africa.
Flurry holds a Bachelor of Arts from Louisiana Tech University. His military training includes the Special Forces Qualification Course, Ranger School, Airborne School, Jungle Warfare School, Jumpmaster Course, the Senior Leaders Course and Special Forces Intelligence and Medical NCO Courses.
His awards and decorations include the Bronze Star Medal with V (Valor) Device, Bronze Star Medal (2nd Award), Meritorious Service Medal, Afghanistan Campaign Medal with 3 Campaign Stars, Army Commendation Medal (3rd Award), Army Achievement Medal, Joint Meritorious Unit Award, Army Good Conduct Medal (4th Award), National Defense Service Medal (2nd Award), Global War on Terrorism Expeditionary Medal, Global War on Terrorism Service Medal, Overseas Service Ribbon (3rd Award), Combat Infantryman Badge, Special Forces Tab, Ranger Tab, Master Parachutist Badge.
Flurry is a native of Winnfield. He was joined on field by his wife, Rhonda; his sisters, Melissa Flurry and Jennifer Frederick; and his brother-in-law, Keith Frederick, all of Winnfield.
Escorting the Flurry family were Dr. Marcus Jones, president of Northwestern State University, and Lieutenant Colonel Arthur Smalley, U.S. Army Retired, Chief of Staff of the Northwestern Demon Regiment. | http://klax-tv.com/nsu-recognizes-msg-reeves-flurry-as-honorary-captain/?utm_source=rss&utm_medium=rss&utm_campaign=nsu-recognizes-msg-reeves-flurry-as-honorary-captain | 2022-09-27 18:10:48 | 1 | http://klax-tv.com/nsu-recognizes-msg-reeves-flurry-as-honorary-captain/?utm_source=rss&utm_medium=rss&utm_campaign=nsu-recognizes-msg-reeves-flurry-as-honorary-captain |
President Biden should find ways to defy the rulings of "MAGA justices" for their "gravely mistaken" constitutional interpretations, university professors urged in a letter on Wednesday.
Harvard law professor Mark Tushnet and San Francisco State University political scientist Aaron Belkin penned "An Open Letter to the Biden Administration on Popular Constitutionalism" to respond to what Biden has called "not a normal court" following high-profile cases.
"We urge President Biden to restrain MAGA justices immediately by announcing that if and when they issue rulings that are based on gravely mistaken interpretations of the Constitution that undermine our most fundamental commitments, the Administration will be guided by its own constitutional interpretations," they wrote.
The letter continued, "We have worked diligently over the past five years to advocate Supreme Court expansion as a necessary strategy for restoring democracy. Although we continue to support expansion, the threat that MAGA justices pose is so extreme that reforms that do not require Congressional approval are needed at this time, and advocates and experts should encourage President Biden to take immediate action to limit the damage."
WHY MEDIA, LIBERALS ARE ATTACKING HIGH COURT’S LEGITIMACY AFTER LATEST RULINGS
Tushnet and Belkin cited a solution known as "popular constitutionalism" and said "that courts do not exercise exclusive authority over constitutional meaning." They theorized that Biden could explain how the Supreme Court’s decisions are "egregiously wrong" and offer an alternative constitutional interpretation, particular if the ruling poses a "grave threat."
"In this particular historical moment, MAGA justices pose a grave threat to our most fundamental commitments because they rule consistently to undermine democracy and to curtail fundamental rights, and because many of their rulings are based on misleading and untrue claims," they wrote.
George Washington University law professor and legal expert Jonathan Turley penned an op-ed for The Hill on Saturday that warned about this interpretation of the Constitution.
"What is most striking about these professors is how they continue to claim they are defenders of democracy, yet seek to use unilateral executive authority to defy the courts and, in cases like the tuition forgiveness and affirmative action, the majority of the public. They remain the privileged elite of academia, declaring their values as transcending both constitutional and democratic processes," Turley wrote.
JONATHAN TURLEY SAYS BIDEN’S STUDENT DEBT FORGIVENESS STOOD LITTLE CHANCE BEFORE SCOTUS: ‘BORDERED ON OBSCENE’
He added, "In other words, they are calling for Biden to declare himself the final arbiter of what the Constitution means and to exercise unilateral executive power without congressional approval. He is to become a government unto himself."
In 2018, Tushnet and Belkin took part in the "1.20.21 Project," an effort to counter "Republican obstruction, theft and procedural abuse" in the Supreme Court following the confirmation of Brett Kavanaugh. The project predominantly focused on expanding the size of all the nation’s federal courts and packing them with liberal judges.
Reporters previously pushed the Biden administration to ignore Supreme Court decisions based on its lack of legitimacy in 2022.
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"The court famously has no enforcement authority. Its authority is based in acceptance of the court’s legitimacy. But it can’t do whatever the hell it wants however it wants and expect deference. [E]xecutive ought to brush off the court’s junta-like attempts to rule by edict," former Niskanen Center Vice President for Research Will Wilkinson tweeted. | https://www.foxbangor.com/news/national/professors-urge-biden-to-defy-mistaken-rulings-by-maga-supreme-court-justices/article_0863ef43-e129-576a-8bc0-e9dbc45e81bd.html | 2023-07-24 09:57:36 | 1 | https://www.foxbangor.com/news/national/professors-urge-biden-to-defy-mistaken-rulings-by-maga-supreme-court-justices/article_0863ef43-e129-576a-8bc0-e9dbc45e81bd.html |
KIRKWOOD, Mo. (KTVI) — An iconic franchise took center stage with the world premiere of “The Karate Kid: The Musical” on Wednesday night at the Kirkwood Performing Arts Center.
The long-lasting success of “The Karate Kid” has been turned into movies, a TV show, and now a musical.
“We’re all really excited and invested in the story and how it’s grown,” said Leah Berry, a St. Louis native and understudy. “I think you will leave the theatre wanting to be a ninja.”
The musical has been in previews for a week, but on Wednesday night, it reached a milestone with its debut in the St. Louis area. The story of a teen beating his bullies with help from his sensei, Mr. Miyagi, originates from the screenwriter’s own life.
“I was writing a small little movie that was very personal to me with my experiences with a karate teacher, and I never expected anything,” said the original screenwriter of “The Karate Kid,” Robert Mark Kamen. “Didn’t expect five movies, and did not expect ‘Cobra Kai’ and definitely did not expect a musical.”
“I’ve been working in theatre since I was 10, but I’ve never originated a part of this magnitude,” said actor Jake Bentley, who plays Johnny Lawrence. “You take this stereotypical antagonist like Johnny, and you’ve got a whole lot of layers that make his character so fleshed out.”
It’s a big role to live up to, especially when legendary actor Martin Cove, who played John Kreese in the original film, comes to see the musical live in action.
“I’m really interested to see how far they go with it, where they go in the realm of villainy, where they how far they go with vulnerability,” said Cove. “Is he really the one-dimensional guy that was in the movie, or is he a multifaceted character that we’re finding out about John Kreese in the series? Plus I want to see the songs.”
“You’re right there, and they’re spitting on you because you’re so close,” Cove added. “But the words are so rich and so fantastic that I think the experience is more emphatic. The experience is more direct and meaningful than the cinema.”
Those songs are a new way to watch the characters sweep the leg and strike first and strike hard.
“The pressure of this title is on all of our shoulders, but the joy of bringing this style of music from ok to heavy metal to pop-rock all kind of in this sonic landscape, for me as a creative person, it’s a joy,” said Drew Gasparini Okinawa, composer and lyricist for the musical.
The musical will run through June 26 and then move to its new home on Broadway soon after. | https://www.binghamtonhomepage.com/news/national-news/the-karate-kid-the-musical-makes-world-premiere/ | 2022-06-02 21:29:55 | 0 | https://www.binghamtonhomepage.com/news/national-news/the-karate-kid-the-musical-makes-world-premiere/ |
Prep Rally: High school football playoff scores
Hi, and welcome to another edition of Prep Rally. My name is Eric Sondheimer. Here are Friday’s high school football scores and playoff pairings.
CITY SECTION
Semifinals, Friday
OPEN DIVISION
Garfield 38, Eagle Rock 20
Birmingham 42, Wilmington Banning 7
DIVISION I
Granada Hills 48, Cleveland 12
Palisades 45, Narbonne 36
DIVISION II
Granada Hills Kennedy 49, Marquez 20
Panorama 19, Bell 6
DIVISION III
Semifinals, Friday
Los Angeles Wilson 28, Chatsworth 27
Crenshaw 66, Manual Arts 20
Championships, Nov. 25-26 at Birmingham and Los Angeles Valley College; schedule tba
Open Division: #7 Birmingham (8-4) vs. #4 Garfield (10-2)
Division I: #3 Palisades (10-3) vs. #1 Granada Hills (10-2)
Division II: #8 Granada Hills Kennedy (8-5) vs. #3 Panorama (12-1)
Division III: #5 Los Angeles Wilson (7-5) vs. #2 Crenshaw (5-7)
8 MAN
Championship, Saturday, 6 p.m. at Birmingham.
#2 North Valley Military Institute (6-5) vs. #1 Fulton (9-1)
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SOUTHERN SECTION
Semifinals, Friday
DIVISION 1
Mater Dei 52, Los Alamitos 0
St. John Bosco 41, Mission Viejo 6
DIVISION 2
Sierra Canyon 29, Bishop Amat 23
Inglewood 41, Chaminade 38 (OT)
DIVISION 3
Yorba Linda 51, Corona del Mar 20
Upland 17, Bishop Diego 7
DIVISION 4
Downey 55, Cathedral 54
Cypress 17, Newport Harbor 14
DIVISION 5
St. Francis 52, Aquinas 35
Etiwanda 22, Leuzinger 21
DIVISION 6
Orange 38, Loyola 35
San Jacinto 15, Calabasas 14
DIVISION 7
Golden Valley 33, Mayfair 28
Laguna Hills 45, Western 33
DIVISION 8
Lakewood 24, Rancho Verde 19
Northwood 41, Vista del Lago 14
DIVISION 9
Laguna Beach 42, Norte Vista 35
Diamond Bar 21, San Dimas 14
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DIVISION 10
Salesian 42, Palmdale 7
Muir 28, Baldwin Park 7
DIVISION 11
Bellflower 34, South Pasadena 21
Walnut 28, Rim of the World 3
DIVISION 12
Lancaster 20, Arroyo 17
Cerritos Valley Christian 28, Hueneme 14
DIVISION 13
Bishop Montgomery 50, Arrowhead Christian 20
San Gabriel 52, Maranatha 42
DIVISION 14
Whittier Christian 37, St. Monica 28
Lynwood 28, Bassett 27
Championships, Nov. 25-26 (dates for Div. 2-14 tba)
Division 1: #1 Mater Dei (12-0) vs. #2 St. John Bosco (11-1) at Rose Bowl, Nov. 25, 7:30 p.m.
Division 2: #3 Inglewood (13-0) at #8 Sierra Canyon (9-4)
Division 3: #4 Yorba Linda (13-0) at #7 Upland (9-4)
Division 4: #9 Downey (11-2) at #3 Cypress (13-0)
Division 5: #9 St. Francis (10-3) at #2 Etiwanda (8-5)
Division 6: #10 San Jacinto (11-2) at #8 Orange (11-2)
Division 7: #14 Laguna Hills (12-1) at #5 Golden Valley (9-4)
Division 8: #11 Northwood (12-1) at #5 Lakewood (8-5)
Division 9: #8 Laguna Beach (10-3) at #15 Diamond Bar (12-1)
Division 10: #13 Salesian (10-3) at #6 Muir (7-6)
Division 11: #11 Walnut (10-3) at #8 Bellflower (11-2)
Division 12: #2 Cerritos Valley Christian (6-7) at #1 Lancaster (8-5)
Division 13: #1 Bishop Montgomery (10-2-1)at #2 San Gabriel (9-3)
Division 14: #10 Lynwood (9-4) at #8 Whittier Christian (9-4)
8 MAN
DIVISION 1
Championship, Friday
CSDR 80, Faith Baptist 26
DIVISION 2
Semifinals, Friday
Hesperia Christian 65, Lancaster Baptist 21
Avalon 48, Coast Union 0
Championship, Nov. 25 or 26
Avalon (5-5) at Hesperia Christian (10-2)
Until next time...
Have a question, comment or something you’d like to see in a future Prep Rally newsletter? Email me at eric.sondheimer@latimes.com, and follow me on Twitter at @latsondheimer.
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Prep Rally is devoted to the SoCal high school sports experience, bringing you scores, stories and a behind-the-scenes look at what makes prep sports so popular.
You may occasionally receive promotional content from the Los Angeles Times. | https://www.latimes.com/sports/highschool/newsletter/2022-11-18/prep-rally-football-scores-prep-rally | 2022-11-19 07:14:42 | 1 | https://www.latimes.com/sports/highschool/newsletter/2022-11-18/prep-rally-football-scores-prep-rally |
NEW YORK (PIX11) — Blue Smoke in Manhattan takes barbecue classics, like brisket, and combines them with eggs and cheesy grits for a classic brunch.
PIX11’s Kirstin Cole has more on the popular eatery in the video player above.
NEW YORK (PIX11) — Blue Smoke in Manhattan takes barbecue classics, like brisket, and combines them with eggs and cheesy grits for a classic brunch.
PIX11’s Kirstin Cole has more on the popular eatery in the video player above. | https://pix11.com/news/morning/brunch/barbecue-brisket-stars-at-nyc-brunch-spot/ | 2023-01-08 18:50:13 | 1 | https://pix11.com/news/morning/brunch/barbecue-brisket-stars-at-nyc-brunch-spot/ |
PHILADELPHIA (AP) — A Utah boy who suffered a serious head injury after falling from a bunk bed during last month’s Little League World Series in Pennsylvania has returned home from the hospital and his family is suing the league and the company that made the bed.
Easton Oliverson, 12, of Saint George, Utah, suffered a skull fracture and bleeding on the brain in the Aug. 15 fall at a players dormitory in Williamsport. He has since had three operations and battled a staph infection, the family’s lawyer, Ken Fulginiti, said Tuesday.
“He’s not doing well. The more recent development, after a third craniotomy, is seizures. It’s been a long road,” Fulginiti said. Easton had been hospitalized in Pennsylvania and Utah before his discharge last week, he said.
The negligence lawsuit, filed by Jace and Nancy Oliverson on Friday in Philadelphia, said there was no railing on the top bunk. Kevin Fountain, a spokesperson for Little League International, said the league would not comment on the pending suit. Savoy Contract Furniture of Williamsport did not immediately respond to messages seeking comment.
Easton, a pitcher and outfielder with the Snow Canyon team from Santa Clara in southwestern Utah, fell in his sleep, Fulginiti said. The lawsuit seeks more than $50,000 for the boy’s care, along with punitive damages.
“They really appreciate all the support they’ve gotten throughout the nation,” Fulginiti said. ”But they’re struggling to focus on the family. They have two other kids and it’s a lot.”
Jace Oliverson was an assistant coach on the baseball team, while Easton’s younger brother Brogan was an alternate who was tapped to take his place after the fall. Snow Canyon was eliminated after two losses.
___ Follow Maryclaire Dale on Twitter: twitter.com/Maryclairedale | https://www.ksn.com/sports/ap-sports/ap-family-sues-little-league-over-bunk-bed-fall-head-injury/ | 2022-09-21 12:10:27 | 1 | https://www.ksn.com/sports/ap-sports/ap-family-sues-little-league-over-bunk-bed-fall-head-injury/ |
As the leading CJIS Cloud, Datacenter & Managed Services Provider in Florida, DSM will provide Thrive with a State, Local & Education (SLED) platform from which to expand nationally
FOXBOROUGH, Mass., June 24, 2022 /PRNewswire/ -- Thrive, a premier provider of NextGen Managed Services, announces today that it has acquired DSM, a Florida-based provider of managed IT services to State, Local, and Education (SLED) government agencies. The acquisition will enable DSM's existing government and corporate clients to benefit from Thrive's next-generation managed cybersecurity, global Cloud footprint, and Microsoft collaboration services while strengthening Thrive's offering to SLED agencies across the US.
Founded in 1986, DSM has been helping clients achieve their IT goals by providing innovative solutions for data protection, disaster recovery, and managed cloud services bolstered by their CJIS compliant data centers. Focusing on data assurance, DSM offers clients the ability to survive and recover quickly from a data breach or ransomware attack, ensuring business continuity. DSM's expert team of highly qualified professionals develop flexible and cost-effective solutions that address the challenges of customers that serve commercial, government, and CJIS-bound agencies.
"DSM is a leader in the SLED space with significant traction in the state of Florida. With this partnership, they'll be able to augment their Cloud-based service offerings via Thrive's SOC and comprehensive suite of cybersecurity services," said Rob Stephenson, Thrive's CEO. "DSM's talented engineers and experienced management team will help to greatly enhance our rapidly growing Florida presence, as well as position the SLED vertical to go national under their leadership."
"For over three decades, DSM's primary objective for our clients has been to optimize their digital transformation and their journey to the Cloud," said David Robinson, CEO and Founder of DSM. "We are delighted to be the newest members of the Thrive family as their dedication to providing a personalized IT path towards customer satisfaction complements our commitment to total IT peace of mind for our clients."
Robinson and Greg Madden, DSM's COO, will assume senior leadership roles and helm the newly established Thrive SLED group as a special unit focusing on existing government business in Florida, Alabama, and Massachusetts. In addition, Robinson and Madden will assist in Thrive's expansion of state and local contracts up and down the East Coast.
DSM is now the third acquisition by Thrive in Florida in the last six months and builds upon its established presence in the Southeast region. Thrive is a security-first MSP that delivers comprehensive managed services and unmatched expertise to drive secure digital transformation for small to mid-sized enterprises across multiple industries. For more information on Thrive, visit thrivenextgen.com.
Thrive is a leading provider of NextGen managed services designed to drive business outcomes through secure application enablement and optimization. The company's Thrive5 Methodology utilizes a unique combination of its Application Performance Platform and strategic services to ensure each business application achieves peak performance, scale, uptime, and the highest level of security. For more information, thrivenextgen.com.
Thrive: LinkedIn, Twitter, Facebook, YouTube and Instagram
DSM redefines our client's business outcomes that they consider possible from their IT infrastructure ensuring that their data is protected and available when and where they need it, saving time and money. As our clients embark on their journey to trusted data availability, DSM guides them, allowing them to focus on their core business, rather than the technology that runs it.
MEDIA CONTACT:
Patrick Reilly
Zer0 to 5ive for Thrive
732-687-4683
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SOURCE Thrive | https://www.wfmz.com/news/pr_newswire/pr_newswire_technology/thrive-enhances-florida-presence-with-the-acquisition-of-dsm/article_5e48dc5d-b384-512f-90af-f0d5de5e3d8d.html | 2022-06-24 13:36:40 | 0 | https://www.wfmz.com/news/pr_newswire/pr_newswire_technology/thrive-enhances-florida-presence-with-the-acquisition-of-dsm/article_5e48dc5d-b384-512f-90af-f0d5de5e3d8d.html |
INDIANAPOLIS – The Indianapolis Motor Speedway will host a special practice session for a pair of drivers.
IndyCar said Thursday’s practice will involve Graham Rahal’s No. 24 car from Dreyer & Reinbold with Cusick Motorsports and Katherine Legge’s No. 44 car from Rahal Letterman Lanigan Racing.
The 15-minute session will take place from 4:30 p.m. to 4:45 p.m.
Both racing teams have extenuating circumstances—and their situations are linked. Legge’s practice session was cut short on Monday after she was involved in a crash that sent Stefan Wilson to the hospital.
As a result, Wilson needed surgery and will miss the race. His team needed a driver and called Rahal, who was bumped from the field during qualifying.
Rahal, who typically drives for Honda, received clearance from the manufacturer and Rahal Letterman Lanigan Racing, to drive for a different team. The Dreyer & Reinbold car is a Chevrolet.
In a news conference Tuesday, Rahal admitted he’d face a tight turnaround for learning a new team and car. He thought his only on-track opportunity would be the final Indy 500 practice on Carb Day.
For Thursday’s practice, each team will be allowed unlimited install laps (out and in) within the time frame. They won’t be allowed to stay on the track to cross the start-finish line and the Yard of Bricks, according to IndyCar.
The final Indy 500 practice is set for 11 a.m. to 1 p.m. on Friday. The race is scheduled for Sunday, May 28. | https://www.kron4.com/sports/big-race-indy/rahal-legge-to-get-special-practice-session-thursday-following-mondays-crash/ | 2023-05-24 16:29:12 | 0 | https://www.kron4.com/sports/big-race-indy/rahal-legge-to-get-special-practice-session-thursday-following-mondays-crash/ |
KYIV, Ukraine (AP) — Russian forces used ground- and air-fired missiles, rocket launchers and weaponized drones to bombard the provinces of Ukraine it has illegally annexed but doesn’t fully control, causing casualties, building damage and power outages Friday.
The Ukrainian military said Russian forces launched 18 airstrikes, five missile strikes and 53 attacks from multiple rocket launchers between Thursday and Friday mornings.
According to the General Staff statement, Russia was concentrating the bulk of its offensive operations in Ukraine’s industrial east, focusing on the cities and towns of Lyman, Bakhmut, Avdiivka and Marinka in Donetsk province.
Most of Friday’s battlefield reports concerned the four Ukrainian provinces Russia annexed in September: Donetsk, Luhansk, Zaporizhzhia and Kherson. Russian President Vladimir Putin has ordered his military to gain complete control of the provinces, while Ukraine has indicated it will soon launch a counteroffensive to take back more territory.
Russia also annexed the Crimean Peninsula from Ukraine in 2014, a move that most of the world also regarded as illegal. Ukrainian President Volodymyr Zelenskyy has vowed to regain all Russian-occupied areas.
Looking ahead to how the war might end, Ukraine’s defense minister, Oleksii Reznikov, told Cypriot state broadcaster CyBC ahead of talks with his Cypriot counterpart on Friday that his country would negotiate peace with Russia only after its occupied territory is liberated. He said Zelenskyy has made clear he would negotiate only with Putin’s successor to ensure peaceful coexistence.
Regarding armament procurement, Reznikov said Ukraine’s top priority is for antiaircraft systems, followed by artillery ammunition, infantry vehicles, tanks and electronic warfare equipment, including drones and anti-drone technology.
In the latest fighting, the Ukrainian military said it downed a Russian Su-25 ground attack jet near Marinka. A video showed a big explosion as the plane slammed into the ground, with its pilot descending on a parachute. The Russian military, in keeping with its general silence on losses, didn’t confirm the warplane’s downing.
British military officials said in their latest daily analysis that Russian forces have likely advanced into the center of Bakhmut and captured the western bank of the Bakhmutka River. Russia’s eight-month campaign to take Bakhmut and Ukraine’s determination to defend the city have produced the longest and potentially bloodiest battle of the war that Putin started on Feb. 24, 2022.
The U.K. Defense Ministry said Russia’s progress, which had largely stalled since the end of March, had regained momentum. According to British intelligence, Ukraine’s key supply route to the west of Bakhmut was under threat, with Russia using artillery more effectively and benefiting from reinforcements by regular forces that likely include airborne troops.
British military officials noted also that regular military commanders and those from the Wagner Group, a private Russian military company that has sent its soldiers to fight in multiple African countries, had probably improved cooperation and put on hold their “feud.”
The Wagner Group, which has appeared to take the lead in the Bakhmut fighting, has frequently complained about the regular Russian military’s strategy as well as its failure to provide sufficient ammunition and other support.
The Wagner Group’s owner, Yevgeny Prigozhin, said Ukrainians continued to put up fierce resistance in Bakhmut.
“The enemy is not going anywhere,” Prigozhin wrote in a Telegram messaging app post Thursday. “They organized defense inside the city, first by rail, then in the area of high-rise buildings in the western quarter of the city.”
Also in Donetsk province, Russia launched a missile attack on the city of Sloviansk, destroying residential buildings, while one civilian was wounded during fighting in Bakhmut. Donetsk regional Gov. Pavlo Kyrylenko said Friday morning that 15 cities and villages on the front line were shelled in the region. The Moscow-installed mayor of Donetsk city, Aleksei Kulemzin, said Ukrainian shelling killed one person and wounded six.
Russia’s Defense Ministry reported inflicting dozens of casualties on Ukrainian forces and destroying drones and other Ukrainian weapons and combat vehicles in several battlefront hot spots in the annexed provinces.
Each side tends to report only the losses it inflicts on its enemy, and their claims are generally impossible to verify independently.
In southern Ukraine’s partially occupied Kherson province, seven people were wounded in 24 hours, regional Gov. Oleksandr Prokudin said Friday. Writing on Telegram, Prokudin said that Russia had carried out 46 attacks on the province, including seven attacks on the regional capital, also called Kherson, with heavy artillery and aircraft fire.
A 10-year-old girl, a 3-year-old boy and 30-year-old woman were wounded Friday in Russian shelling of the village of Stanislav in the province, the head of Ukraine’s presidential office Andriy Yermak, reported.
Earlier, debris from Russian ammunition killed a 36-year-old resident of Beryslav, another city in Kherson province. Residential areas of Kherson city were shelled seven times, damaging energy facilities and residential buildings. A drone attack on the village of Zmiyivka wounded six people.
Shells hit Nikopol and Marhanets – across the Dnieper River from the occupied and shut-down Zaporizhzhia Nuclear Power Plant – in Ukraine’s eastern Dnipropetrovsk province, damaging power lines.
Further north, shelling in the Novhorod-Siverskyi district of the Chernihiv region left four towns and villages without electricity, authorities reported. Mortar fire damaged residential buildings in the town of Vovchansk in Kharkiv province, near the border with Russia. A 39-year-old man was killed in Russian shelling in the border village of Borysivka, Kharkiv Gov. Oleh Syniehubov said. ___
Yuras Karmanau in Tallinn, Estonia, and Menelaos Hadjicostis in Nicosia, Cyprus contributed to this report.
___
Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine-war | https://www.localsyr.com/news/international/russia-hits-illegally-annexed-ukraine-areas-from-ground-air/ | 2023-04-07 20:03:12 | 0 | https://www.localsyr.com/news/international/russia-hits-illegally-annexed-ukraine-areas-from-ground-air/ |
NEWPORT BEACH, Calif., July 13, 2022 /PRNewswire/ -- Pardon is proud to announce the launch of Optimism Digital, the organization's in-house professional services firm. Optimism Digital equips the organization's growing collection of digital media brands with the tools, partnerships, and insights needed to become profitable and thriving ventures.
Pardon assembled the Optimism Digital team with specialists from across its portfolio of companies to provide specialized services to meet the unique needs of each in-house digital media brand, while also leading enterprise-wide initiatives. Optimism Digital's main areas of focus include Advertising Sales & Partnerships, Revenue Operations, Data & Analytics, and Marketing & Growth.
Peter Chang, who has been named the Chief Operating Officer of Optimism Digital, will lead the organization. Peter was previously the Chief Revenue Officer of Likemind (a Pardon company) and has over 20 years of leadership experience in the digital media and advertising industries for leading firms including Content IQ (a division of Perion), Lifescript, Experian, SpinMedia, and IAC. Rounding out the leadership team is Tyler Paschke (Vice President, Analytics & Growth) and Jason Terry (Vice President, Revenue Operations).
"I am excited to build Optimism Digital and so grateful to the Pardon team for entrusting us to help drive our digital media brands with rapid growth," said Peter Chang. "The ability to service the individual needs of our unique digital media brands while unlocking enterprise-wide opportunities incorporates the best of both worlds."
"Pardon's digital media portfolio is our flagship operation, a set of engaging brands that reach 12 million readers every month. We've already seen that these brands have benefited tremendously from the skill and expertise of this team, and we are thrilled to formally launch Optimism Digital as a dedicated venture as our entire portfolio grows," said Nicholas Pardon, Founder of Pardon.
Pardon is a modern family office and venture studio creating brands that transform how people see the world. As a team of creative-minded entrepreneurs, we conceptualize and launch ventures that foster community, encourage new ways of thinking, and create the space for positive change to occur. Pardon's original ventures include a digital travel magazine, an uplifting daily news publication, and a collection of media brands that spark wonder and curiosity, all of which are enjoyed by millions of readers every day.
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TORONTO, July 18, 2022 /PRNewswire/ - Orvana Minerals Corp. (TSX: ORV) (the "Company" or "Orvana") is pleased to report production results and drilling updates from Orovalle, Orvana's unit in Spain, for the third quarter of fiscal year 2022 ended June 30, 2022 ("Q3 FY2022").
- Q3 FY2022 production of 15,798 gold equivalent ounces, a 49% increase from previous quarter
- 22.16 g/t Au over 6.05 meters intercept in Ortosa West, part of the Ortosa-Godán Project
- 6,589 m of Infill and Brownfield Drilling
- 1,337 m of Greenfield Drilling
"We are very pleased that Orovalle has stabilized production after overcoming external factors earlier in the year", stated Orvana CEO Juan Gavidia. "Our exploration strategy is advancing with positive results as evidenced by the latest reported high-grade intercept at the Ortosa-Godan Project in Spain. With additional planned exploration work to be conducted at the Ortosa-Godan Project throughout the remainder of fiscal 2022, we hope to identify the third mineral resource opportunity at Orovalle, along with Boinas and Carles. We are very excited with the short term prospects of the Ortosa-Godan Project", Mr. Gavidia added.
- Production of 15,798 gold equivalent ounces (12,354 gold ounces, 1.3 million copper pounds and 38,082 silver ounces).
- 12,354 gold ounces produced, a 48% increase from Q2 FY2022. On track to meet fiscal year 2022 guidance of 44,000 - 46,000 Oz.
- 1.3 million copper pounds produced, a 62% increase from Q2 FY2022. On track to meet fiscal year 2022 guidance of 4.8 – 5.2 million pounds.
Q3 FY2022 Exploration Drilling
The Ortosa-Godán Project is located three kilometers northwest of the Carles mine, at the same gold belt.
Orovalle started an exploration drilling program in Ortosa West at the end of August 2021 in order to define the skarn continuity and verify the oxide mineralization related to N40ºE structures. The Company disclosed first quarter fiscal 2022 results in the press release dated January 18, 2022.
During Q2 FY2022, 426 meters were completed in one drill hole and during Q3 FY2022, 1,337 meters were completed in three drill holes, one of them still ongoing. These drill holes were planned to intersect mineralization throughout N40ºE direction. Drill hole 22ORW07 intercepted 6.05 m with 22.16 g/t Au and 1.60 m with 27.43 g/t Au. These results confirm the continuity of the mineralization along 250 m Northeast-Southwest trend (see Figure 2). Calcic skarn with sulfides (arsenopyrite mainly) and mineralized silicified breccias were intersected.
10 drill holes were completed to date (last one in progress) with 2,890 meters. The first four drill holes were focused on defining the skarn mineralization at depth in a previously drilled area and the remaining six drill holes were completed in an undrilled area targeting intersect mineralization related to N40ºE structures.
The drilling campaign is still in progress focused on defining mineralization to the Northeast and the structure at depth.
The drilling program continued with its focus on upgrading inferred resources, with a total of 3,197 m of infill drilling completed in Breccia East, Boinas South and High Angle East. Also, 3,392 m of brownfield drilling were executed in High Angle East and E2 to extend the mineralization areas and add inferred resources.
Greenfield drill hole samples were sent to an external laboratory (ALS Laboratory) for analyses. Infill and brownfield drill holes samples were analyzed in Orovalle's Laboratory.
Sample preparation was carried out at the El Valle facility. All diamond core samples have been prepared using the following procedure, once split:
- The core samples are dried at a temperature of 105ºC and then crushed through a jaw crusher to 95%<6 mm. The coarse-crushed sample is further reduced to 95%<425 microns using an LM5 bowl-and-puck pulverizer. An Essa rotary splitter is used to take a 450 g to 550 g sub-sample of each split for pulverizing. The remaining reject portion is bagged and stored. The sample is reduced to a nominal -200 mesh using an LM2 bowl-and-puck pulverizer. 140 g sub-samples are split using a special vertical-sided scoop to cut channels through the sample which has been spread into a pancake on a sampling mat. Samples are then sent to the laboratory for gold and base metal analysis. Leftover pulp is bagged and stored.
- After sample preparation, 30g samples are analyzed (in Orovalle Laboratory) for Au by fire assay with an atomic absorption spectroscopy (AAS) finish and two-gram samples for Ag, As, Bi, Cu, Hg, Pb, Sb, Se, and Zn by ICP-optical emission spectroscopy (ICP-OES) after an aqua regia digestion.
- In case of the samples sent to an external laboratory, 30 g samples are analyzed for Au by fire assay with an atomic absorption (Au AA-25) and 35 elements by ICP (ME-ICP41) after an aqua regia digestion. When Au and Ag values are >100 ppm and Cu and As values are >10,000 ppm, specific analysis methods are used to determinate the final grade.
The reported work has been completed using industry standard procedures, including a quality assurance/quality control ("QA/QC") program consisting of the insertion of certified reference material, blanks and duplicates samples into the sample stream.
The exploration update was prepared under the supervision of Guadalupe Collar Menéndez, a qualified person for the purposes of NI 43-101 and an employee of Orovalle Minerals S.L., a subsidiary of Orvana.
Q3 FY2022 financials will be released mid-August, 2022.
Certain statements in this presentation constitute forward-looking statements or forward-looking information within the meaning of applicable securities laws ("forward-looking statements"). Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, potentials, future events or performance (often, but not always, using words or phrases such as "believes", "expects", "plans", "estimates" or "intends" or stating that certain actions, events or results "may", "could", "would", "might", "will" or "are projected to" be taken or achieved) are not statements of historical fact, but are forward-looking statements.
The forward-looking statements herein relate to, among other things, Orvana's ability to achieve improvement in free cash flow; the ability to maintain expected mining rates and expected throughput rates at El Valle Plant; the potential to extend the mine life of El Valle and Don Mario beyond their current life-of-mine estimates including specifically, but not limited to, in the case of Don Mario, the processing of the mineral stockpiles and the reprocessing of the tailings material; Orvana's ability to optimize its assets to deliver shareholder value; the Company's ability to optimize productivity at Don Mario and El Valle; estimates of future production, operating costs and capital expenditures; mineral resource and reserve estimates; statements and information regarding future feasibility studies and their results; future transactions; future metal prices; the ability to achieve additional growth and geographic diversification; and future financial performance, including the ability to increase cash flow and profits; future financing requirements; mine development plans; and the possibility of the conversion of inferred mineral resources to mineral reserves.
Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by the Company as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies, which includes, without limitation, as particularly set out in the notes accompanying the Company's most recently filed financial statements. The estimates and assumptions of the Company contained or incorporated by reference in this information, which may prove to be incorrect, include, but are not limited to the various assumptions set forth herein and in Orvana's most recently filed Management's Discussion & Analysis and Annual Information Form in respect of the Company's most recently completed fiscal year (the "Company Disclosures") or as otherwise expressly incorporated herein by reference as well as: there being no significant disruptions affecting operations, whether due to labour disruptions, supply disruptions, power disruptions, damage to equipment or otherwise; permitting, development, operations, expansion and acquisitions at El Valle and Don Mario being consistent with the Company's current expectations; political developments in any jurisdiction in which the Company operates being consistent with its current expectations; certain price assumptions for gold, copper and silver; prices for key supplies being approximately consistent with current levels; production and cost of sales forecasts meeting expectations; the accuracy of the Company's current mineral reserve and mineral resource estimates; labour and materials costs increasing on a basis consistent with Orvana's current expectations; and the availability of necessary funds to execute the Company's plan. Without limiting the generality of the foregoing, this news release also contains certain "forward-looking statements" within the meaning of applicable securities legislation, including, without limitation, references to the results of the Company's exploration activities, including but not limited to, drilling results and analyses, mineral resource estimation, conceptual mine plan and operations, internal rate of return, sensitivities, taxes, net present value, potential recoveries, design parameters, operating costs, capital costs, production data and economic potential; the timing and costs for production decisions; permitting timelines and requirements; exploration and planned exploration programs; and the Company's general objectives and strategies.
A variety of inherent risks, uncertainties and factors, many of which are beyond the Company's control, affect the operations, performance and results of the Company and its business, and could cause actual events or results to differ materially from estimated or anticipated events or results expressed or implied by forward looking statements. Some of these risks, uncertainties and factors include: the potential impact of the COVID-19 on the Company's business and operations, including: our ability to continue operations; our ability to manage challenges presented by COVID-19; the accounting treatment of COVID-19 related matters; Orvana's ability to prevent and/or mitigate the impact of COVID-19 and other infectious diseases at or near our mines; the general economic, political and social impacts of the continuing conflict between Russia and Ukraine, our ability to support the sustainability of our business including through the development of crisis management plans, increasing stock levels for key supplies, monitoring of guidance from the medical community, and engagement with local communities and authorities; fluctuations in the price of gold, silver and copper; the need to recalculate estimates of resources based on actual production experience; the failure to achieve production estimates; variations in the grade of ore mined; variations in the cost of operations; the availability of qualified personnel; the Company's ability to obtain and maintain all necessary regulatory approvals and licenses; the Company's ability to use cyanide in its mining operations; risks generally associated with mineral exploration and development, including the Company's ability to continue to operate the El Valle and/or ability to resume long-term operations at the Carlés Mine; the Company's ability to successfully implement a sulphidization circuit and ancillary facilities to process the current oxides stockpiles at Don Mario; the Company's ability to successfully carry out development plans at Taguas; sufficient funding to carry out development plans at Taguas and to process the oxides stockpiles at Don Mario; the Company's ability to acquire and develop mineral properties and to successfully integrate such acquisitions; the Company's ability to execute on its strategy; the Company's ability to obtain financing when required on terms that are acceptable to the Company; challenges to the Company's interests in its property and mineral rights; current, pending and proposed legislative or regulatory developments or changes in political, social or economic conditions in the countries in which the Company operates; general economic conditions worldwide; the challenges presented by COVID-19; fluctuating operational costs such as, but not limited to, power supply costs; current and future environmental matters; and the risks identified in the Company's disclosures. This list is not exhaustive of the factors that may affect any of the Company's forward-looking statements and reference should also be made to the Company's Disclosures for a description of additional risk factors.
Any forward-looking statements made herein with respect to the anticipated development and exploration of the Company's mineral projects are intended to provide an overview of management's expectations with respect to certain future activities of the Company and may not be appropriate for other purposes. Forward-looking statements are based on management's current plans, estimates, projections, beliefs and opinions and, except as required by law, the Company does not undertake any obligation to update forward-looking statements should assumptions related to these plans, estimates, projections, beliefs and opinions change. Readers are cautioned not to put undue reliance on forward-looking statements. The forward-looking statements made in this information are intended to provide an overview of management's expectations with respect to certain future operating activities of the Company and may not be appropriate for other purposes.
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BEIJING - China's rubber-stamp parliament handed leader Xi Jinping a third term as president on Friday, an outcome that has been widely expected since he orchestrated the abolishment of term limits with a constitutional amendment five years ago.
The presidency in China is largely ceremonial; most of Xi's power flows from his position as leader of the ruling Communist Party and commander-in-chief of the military. But his re-appointment completes a comprehensive power grab that has been gathering pace and highlights Xi's dominance over the Chinese political system.
Xi was re-elected unanimously by the nearly 3,000 delegates to the National People's Congress, which is holding its annual meeting in Beijing. After the announcement, Xi bowed to the delegates as they applauded.
Taking an oath of office with his right hand held up in a fist, Xi said he would be loyal to the constitution and the "motherland", and "work hard to build a prosperous, strong, democratic, civilized, harmonious and beautiful modern socialist country."
At a Communist Party congress in October, Xi clinched a norm-bending third term as party chief and surrounded himself with loyalists and allies — a victory that surprised many observers, who had expected other factions in the party to be influential enough to retain some representation in the party's top ranks.
That result was the culmination of a steady and at times ruthless consolidation of power that started after Hu Jintao handed the reins of the party to Xi in 2012.
With the new mandates, analysts say Xi's reign is set to be rivalled only by those of Chairman Mao Zedong, who ruled for nearly three decades, and Deng Xiaoping, who guided China's economic opening as paramount leader for around 20 years until his death in 1997.
Xi's time in power so far, though, has been turbulent.
He has tightened the party's grip on society, limited freedom of expression, squashed Hong Kong's democracy movement, and waged a campaign of assimilation against minorities in the Xinjiang region, which the U.N.'s top human rights official said might amount to crimes against humanity.
His rolling campaign against corruption has garnered broad support at the grassroots level, while rattling the country's massive bureaucracy. Xi took credit in 2020 for eliminating abject poverty in China — a long-standing goal of the party. He has also implemented a sweeping modernization of the military.
Still, challenges have proliferated. China's economic growth has slumped, from 7.8% in 2013 to just 3% last year under the weight of crippling COVID controls favored by Xi. And friction with the West has soared during his tenure, with many blaming his unapologetic, "Wolf Warrior" approach to foreign affairs.
"[Xi's] consolidation of power is more extensive than anyone predicted," said Tony Saich, an expert in Chinese politics at Harvard University's Kennedy School of Government.
But, he says, it raises serious questions.
"Will anyone stand up to him if there are policy errors? A problem for all authoritarian leaders. Most of his acolytes are bureaucrats appointed on the basis of loyalty rather than policy expertise. Will they have the necessary skill set to deal with the future complex challenges?" Saich said.
Analyst say it's possible that Xi will stay in power beyond his new five-year terms, having anointed no obvious successor.
On Friday, Xi was also unanimously elected to another term as chairman of the state Central Military Commission (CMC). He already heads the more powerful party CMC. And two of his lieutenants — Han Zheng and Zhao Leji — were awarded the roles of vice president and head of parliament.
In the coming days, other Xi loyalists are expected to be assigned to top government jobs, further solidifying his grip on the levers of power.
The most consequential appointment is likely to be that of Li Qiang, who is widely expected to be named Premier on Saturday. Li was elevated to the party's no.2 spot in the fall, despite his controversial handling of a months-long lockdown in Shanghai, where he most recently was the party boss.
Copyright 2023 NPR. To see more, visit https://www.npr.org. | https://www.ijpr.org/npr-news/2023-03-09/chinas-xi-jinping-as-expected-gets-5-more-years-as-state-president | 2023-03-10 08:51:30 | 0 | https://www.ijpr.org/npr-news/2023-03-09/chinas-xi-jinping-as-expected-gets-5-more-years-as-state-president |
‘Best feeling of freedom’: 100-year-old pilot celebrates milestone birthday in the air
WOODRUFF, S.C. (WHNS/Gray News) - A man in North Carolina celebrated a milestone birthday where very few go: in the sky.
John Hartness spent his 100th birthday in the cockpit of a plane thanks to an aviation non-profit.
“It feels absolutely fantastic,” he told WHNS. “I feel like I’m 35.”
Triple Tree Aerodome, an organization dedicated to aviation education and heritage preservation, is honoring “Uncle” John on his birthday.
“Flying is the best feeling of freedom you can have,” he said. “To get up in the air with nobody but me and God.”
Hartness, who has been a pilot since he was 16 years old, also volunteers with the organization.
Robb Williams, executive director of Triple Tree Aerodome, said John Hartness volunteers sometimes six or seven days a week contributing to the organization and mentoring others.
“He (Hartness) is not only a positive man, a great spirit to be around, he is also our ambassador,” Williams said.
Hartness is also the brother of Tom Hartness, the founder of Hartness International.
John Hartness continues to inspire others as an active pilot and by embodying a passion for aviation.
In the cockpit, the centenarian was joined with Pat Derrick, an experienced pilot with thousands of hours of flight time.
“Our organization is thrilled to celebrate the remarkable life of ‘Uncle’ John Hartness, whose dedication to aviation and our community is truly extraordinary,” Williams said. “This exceptional event emphasizes our mission to foster a love for aviation among young individuals while highlighting the invaluable mentorship provided by individuals like ‘Uncle’ John.”
Copyright 2023 WHNS via Gray Media Group, Inc. All rights reserved. | https://www.1011now.com/2023/06/26/best-feeling-freedom-100-year-old-pilot-celebrates-milestone-birthday-air/ | 2023-06-26 21:51:26 | 1 | https://www.1011now.com/2023/06/26/best-feeling-freedom-100-year-old-pilot-celebrates-milestone-birthday-air/ |
U.S. health officials have revised a tool to track the rising cases of severe obesity among children who were previously off the charts.
Updated growth charts released Thursday by the Centers for Disease Control and Prevention now extend to a body mass index of 60 — up from previous charts that stopped at a BMI of 37, with additional categories to track obesity in kids ages 2 to 19.
In recent decades, severe obesity among children in America has nearly quadrupled, experts said.
“We noticed a decade ago that we were kind of outstripping our growth charts,” said Dr. Tom Inge, who directs the weight loss surgery program at Lurie Children’s Hospital of Chicago.
The CDC charts are the most widely used tool in the U.S. to track growth and development in kids. Parents are used to discussing the progress of their children’s growth from the time they are babies, noted the CDC's Dr. Alyson Goodman. The new charts will be “extremely helpful” in guiding better conversations between parents and health care providers, she said.
“You use these charts as a visual aid," Goodman said.
The old charts had been used since 2000. They were based on data from U.S. surveys conducted from 1963 to 1994, when far fewer children were obese, let alone severely obese, said Cynthia Ogden, a CDC epidemiologist. Today, about 4.5 million children — about 6% — fall into that category
Growth charts show patterns of development by age, expressed in BMI, a calculation of height and weight, and also in curves called percentiles. Unlike adults, children are not classified as obese or severely obese based on a strict BMI cutoff, Inge noted. Instead, kids are described as obese based on percentiles — where they fall compared to other kids their age.
A child is considered obese if they reach the 95th percentile on the growth charts, and severely obese at 120% of that mark — or with a BMI of 35 or higher, according to the CDC. For instance, a 17-year-old boy who is 5 feet, 8 inches tall and weighs 250 pounds would have a BMI of 38 and be described as severely obese.
The old charts didn't include children like Bryan Alcala of Aurora, Illinois, who first sought help in 2019 as a high school freshman who was 5 feet, 5 inches and weighed about 300 pounds.
“That was when it kind of got out of control,” recalled Alcala, who had put on extra pounds after developing a rare childhood bone disease that limited his activity.
Children like Alcala, with BMIs of 45, 50 or higher, topped out on the CDC charts, making it difficult to assess their status or properly plot their progress, often delaying treatment, Inge said.
“It’s like driving a car at night with no headlights and no dashboard,” Inge said. “You don’t know where they are with regard to their peers.”
Alcala, now 17, had weight loss surgery in April and lost 115 pounds, with 10 more to go.
“Everything is going good now," he said.
However, one expert who questions the use of BMI to assess adults, said doctors need to be careful using the new charts with kids. They should focus on behaviors that drive weight gain, taking care not to stigmatize kids and families, said Dr. Tracy Richmond, an associate professor of pediatrics at Harvard Medical School.
“Using it as a visual tool for families, I find problematic,” said Richmond. “The family and child already knows they’re living in a large body. We clinicians are not going to be providing any new information with that.”
But Erika Alcala, Bryan’s mother, said she was glad the new growth charts will include kids like her son.
“Until you see it on paper and in front of you, you don’t know,” she said.
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The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science and Educational Media Group. The AP is solely responsible for all content. | https://www.wsls.com/health/2022/12/14/health-officials-revise-tool-to-track-severe-obesity-in-kids/ | 2022-12-15 05:31:52 | 1 | https://www.wsls.com/health/2022/12/14/health-officials-revise-tool-to-track-severe-obesity-in-kids/ |
The members of the Nomination Committee ahead of Kindred's Annual General Meeting 2023 have been appointed.
VALLETTA, Malta, Sept. 27, 2022 /PRNewswire/ -- Kindred Group plc's (Kindred) Annual General Meeting (AGM) on 13 May 2022 decided that the Nomination Committee, until the general meeting of the shareholders decides otherwise, shall consist of not less than four but no more than five members. The members of the Nomination Committee shall represent all shareholders and be appointed by the largest shareholders at the end of August 2022 having expressed their willingness to participate in the Nomination Committee. Following contacts with Kindred's shareholders the subsequent members have been appointed:
- Keith Meister, Chairman Nomination Committee, Corvex Management LP
- Cedric Boireau, Premier Investissement SAS
- Peter Lundkvist, Third Swedish National Pension Fund
- Anders Ström, Veralda Investment Ltd
Kindred's Chairman of the Board, Evert Carlsson, is co-opted to the Nomination Committee.
The Nomination Committee's duty is to ahead of the 2023 AGM prepare recommendations for the Chairperson of the AGM, Chairperson of the Board of Directors and members of the Board, as well as remuneration to the Board of Directors and auditors.
Shareholders who wish to provide proposals to the Nomination Committee can do this via email to nomination@kindredgroup.com, or via post to Kindred Group plc, Level 6, The Centre, Tigne Point, Sliema, TPO 0001 Malta.
CONTACT:
For more information:
Patrick Kortman, Director - Corporate Development & Investor Relations, +46 723 877 438
Linda Lyth, Investor Relations Manager, +46 767 681 337
This information was brought to you by Cision http://news.cision.com
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SOURCE Kindred Group | https://www.wafb.com/prnewswire/2022/09/27/nomination-committee-ahead-kindreds-2023-annual-general-meeting/ | 2022-09-27 09:09:50 | 0 | https://www.wafb.com/prnewswire/2022/09/27/nomination-committee-ahead-kindreds-2023-annual-general-meeting/ |
SAN DIEGO (AP) _ Airgain Inc. (AIRG) on Tuesday reported a first-quarter loss of $2.5 million, after reporting a profit in the same period a year earlier.
The San Diego-based company said it had a loss of 25 cents per share. Losses, adjusted for stock option expense and amortization costs, came to 4 cents per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 11 cents per share.
The antenna products developer posted revenue of $17.5 million in the period, also beating Street forecasts. Four analysts surveyed by Zacks expected $17.3 million.
For the current quarter ending in July, Airgain expects its per-share earnings to be 1 cent.
The company said it expects revenue in the range of $18.5 million to $20 million for the fiscal second quarter.
Airgain shares have fallen 13% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9.20, a drop of 50% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AIRG at https://www.zacks.com/ap/AIRG | https://www.mrt.com/business/article/Airgain-Q1-Earnings-Snapshot-17163371.php | 2022-05-10 22:45:23 | 0 | https://www.mrt.com/business/article/Airgain-Q1-Earnings-Snapshot-17163371.php |
What's in the nurse's office at your child's school? Band aids? Defibrillators? EpiPens? What about Naloxone?
Naloxone is a medication that rapidly reverses the effects of an opioid overdose, and across the country, schools are working to stock up as the opioid crisis takes an increasingly fatal toll on students.
"You hear all the time about students who are overdosing at school; this needs to be a tool that schools are utilizing to save kids' lives, right?" Lindsey Vuolo, Vice President of Health Law and Policy at the Partnership to End Addiction, said.
That's Lindsey Vuolo, Vice President of Health Law and Policy at the Partnership to End Addiction, and what Vuolo's saying is unfortunately true.
According to a 2022 studyin the Journal of the American Medical Association, adolescent overdose deaths jumped from 492 in 2019 to 1,146 in 2021. A roughly 42 percent spike.
"And now, with sort of the proliferation of fentanyl in the drug supply, it's really important to really have naloxone everywhere. And so that's where we've started seeing efforts to really get it into schools and get it into restaurants and bars and libraries, and vending machines," Vuolo said.
But as access to Naloxone increases, questions are being raised about what kind of message it sends to youth.
"That comes up very often. The whole question of, well, are we enabling the behavior by making reversal medication such as naloxone available easily for people?" Karen Pershing, Executive Director of the Metro Drug Coalition, said.
Karen Pershing is the executive director of the Metro Drug Coalition in Knoxville, Tennessee.
"And I can tell you that there's been a lot of research done on this, too, and that's just not the case. Naloxone can be lifesaving, but if it's taught right and you're talking to people, it's a temporary reversal," Pershing said.
SEE MORE: Biden administration offers support for GOP-led fentanyl bill
According to the National Library of Medicine, "Existing data on Naloxone distribution in community settings do not support this claim."
Pershing says she understands where the concern comes from but warns that not having the medication available, even in schools, is not a risk communities can afford to take.
"We have to think about, is it ultimately what we'd like, you know, having to push naloxone out there? Absolutely not. But we've got a tool. And so by not using that tool, we are denying people a chance at life," Pershing said.
But that hasn't stopped people from asking the question. Vuolo's team at the Partnership to End Addiction has even had to create a page on their website to address this question with parents.
She says the driving force behind this concern is a combination of a lack of understanding of how the medication works and the longstanding stigma that surrounds drug use.
"I think you still hear and feel some of that stigma among schools, like, 'Not our students; they're not those kinds of students,' which is just like, so stigmatized," Vuolo said.
Nevertheless, many schools are pushing ahead and keeping it available for emergencies.
The National Association of School Nurses has even endorsed "Naloxone in the school setting" as part of "emergency preparedness and response plans."
And school nurses aren't the only ones being trained to utilize Naloxone in emergencies.
"Back in November, December, we had a group of students from Durango High Schoolwho were really concerned about the possibility of there being an accidental overdose in school. And they knew that currently they weren't allowed to carry it," Dr. Karen Cheser, Superintendent of Durango School District 9-R, said.
SEE MORE: There is now a safe way for K-9s to be trained to detect fentanyl
"Since December of 2021, we've had it in all of our schools. So our health providers and others can do that. They've been trained. Thankfully, we have never had to use it even for an accidental sort of, you know, overdose or touching, you know, fentanyl or that sort of thing," Cheser said.
According to Cheser, that request was the first of its kind by high school students in Colorado, prompting a series of legal and community-based discussions.
"Again, since it had not happened before in the state, we didn't have any exemplars. So, we had to work with our attorneys to determine how we might do this in a way that protects the school district, that protects our students, our families," Cheser said.
In April, the district finalized a policy allowing students to be able to carry andadminister Narcan, a brand name of Naloxone, on campus.
Cheser says parents are required to sign a waiver, and students must complete a training course before they can carry the medication, which is distributed by school health providers.
"I would not be telling a truth if I didn't say it was daunting; this idea to be one of the first, we really had to weigh the pros and cons. And when it came down to it, the pros of possibly saving lives and giving our kids the tools that they need and the resources just ended up, you know, outweigh the possible consequences," Cheser said.
Ultimately, each school district varies in how it chooses to address drug abuse concerns, and those conversations will only continue to evolve. But Pershing says one thing is very clear:
"We do know that people can find recovery. But you can't find recovery if you're no longer with us," Pershing said.
Trending stories at Scrippsnews.com | https://www.wrtv.com/as-overdoses-climb-schools-decide-policies-on-naloxone-use | 2023-06-03 21:48:17 | 1 | https://www.wrtv.com/as-overdoses-climb-schools-decide-policies-on-naloxone-use |
PORT-AU-PRINCE, Haiti (AP) — Cholera cases are overwhelming Haiti, and experts warn the situation could worsen now that the country is bustling following the end of a paralyzing fuel blockade that lasted two months.
Dr. Jeanty Fils, a spokesman for Haiti’s Ministry of Health, told The Associated Press that people are back on the streets and likely spreading cholera as the government struggles to find life-saving equipment including IV supplies amid an ongoing discussion on whether to request cholera vaccines.
“We need more resources,” he said. “Cholera cases continue to climb in Haiti.”
At least 161 people have died and more than 7,600 are hospitalized, according to the Pan American Health Organization and Haiti’s government, although officials believe the numbers are much higher as a result of under-reporting. Cholera is caused by a bacteria found in contaminated food or water that leads to vomiting and diarrhea. If not treated in time, it can cause fatal dehydration.
The worsening situation led the United Nations to announce Tuesday that it, along with Haiti’s government and other partners, was seeking $146 million to help fight cholera. At least half a million people in Haiti are at risk of contracting the disease, according to PAHO and the World Health Organization.
“The surge in cases in recent weeks and the rapid spread of cholera in the country is worrying,” said Ulrika Richardson, U.N. resident and humanitarian coordinator.
Fils noted that cholera cases were likely contained during the fuel blockade since gas stations were closed and many in the country of more than 11 million people remained at home.
“Now people are going to move around more,” he said. “It could start spreading.”
Stephanie Mayronne, medical operations manager for Doctors Without Borders, agreed.
She said if people sickened with cholera start traveling to areas with poor sanitation and a lack of drinking water, the number of cases will likely rise.
“It’s a match that can light a fire,” she said.
The number of patients seeking help at Doctors Without Borders hospitals in the capital of Port-au-Prince have spiked in recent weeks, with more than 6,500 admitted so far. Beds filled up so quickly that the aid group was forced to open a fifth center two weeks ago, said Alexandre Marcou, Haiti’s field communication manager.
Inside that new center, mothers hovered over their children on a recent morning. One rearranged the tangle of intravenous cables surrounding her baby while another pumped the little cheeks of her young daughter to force her mouth open and give her an oral supplement. Nearby, adult patients sat in silence in plastic chairs with large white buckets between their legs, holding their head to one side with their arm. Some ate rice and red beans out of small containers that nurses later collected.
Marcou noted that people can survive cholera if treated on time, but the recent lack of fuel and ongoing violence between gangs that has worsened since the July 2021 assassination of President Jovenel Moïse has prevented Haitians from reaching hospitals and medical clinics.
“There’s a huge security crisis. And we are tremendously lacking resources,” said Ralph Ternier, chief medical officer in Haiti for the nonprofit Partners in Health. “The epidemic is spreading so quickly that vaccines are really the tool that we need.”
The Pan American Health Organization told the AP that it is supporting Haiti’s government in preparing a request for vaccines as well as to plan and implement vaccination campaigns. But it wasn’t clear if and when that might happen.
In October, the World Health Organization announced a worldwide cholera vaccine shortage that has forced it to suspend the usual double-dose strategy “at a time of unprecedented rise in cholera outbreaks worldwide.” At least 29 countries have reported cholera cases this year, compared with fewer than 20 on average for the past five years, the agency said.
Mayronne said cholera vaccines can be a useful tool, but noted that a single dose can lower one’s risk by only 40%.
“In and of itself, a vaccine is not a be-all and end-all,” she said.
Amid the lack of vaccines in Haiti, crushing poverty made worse by a spiraling economic crisis and double-digit inflation is contributing to the spread of cholera because many are unable to access or afford potable water or food that isn’t contaminated.
Lovena Shelove, 30, lost her two-year-old son to cholera despite a kind neighbor who brought drinking water to try and revive the toddler after severe bouts of vomiting and diarrhea.
“I don’t have anything in the house,” she said in a soft voice. “I could not afford anything to provide for the kids.”
Her other child, a 7-month-old daughter, is still hospitalized.
Cholera is easily transmitted, especially in crowded and unhygienic conditions. Sanitation further worsened during the fuel blockade given that companies that supplied drinking water were forced to suspend operations.
Haiti’s first outbreak occurred in 2010 after U.N. peacekeepers introduced the bacteria into the country’s largest river by sewage runoff from their base. Nearly 10,000 people died and thousands of others were sickened.
The number of cases eventually dwindled, and the World Health Organization was preparing to declare Haiti cholera-free until the government announced in early October that at least three people had died — the first deaths reported in three years.
Patrick Joseph, 40, was among the thousands recently hospitalized after he became severely dehydrated.
“I don’t know where I got cholera from,” he said, although he suspects it’s from the water he buys from a seller who claims it’s treated. “I feared that I would die if I did not go to the doctor.”
It’s a feeling familiar to street vendor Lucna Francois, who had been relying on well water because the fuel blockade prevented her from accessing potable water. The 24-year-old got so sick on a recent evening that she called a relative to take her to the hospital.
“I am dying,” she recalled telling them. “I was very, very weak.”
Fils, with Haiti’s health ministry, said another big challenge the government faces is that many people don’t believe cholera exists and are not taking measures to avoid becoming sick.
“Prevention, it’s a must,” he said. “It’s not just a matter of drinking (clean) water.”
___
Coto reported from San Juan, Puerto Rico. Associated Press reporter Gisela Salomon in Miami contributed. | https://www.myarklamiss.com/news/international/ap-haiti-fears-spike-in-cholera-cases-as-fuel-blockade-lifts/ | 2022-11-15 21:21:49 | 0 | https://www.myarklamiss.com/news/international/ap-haiti-fears-spike-in-cholera-cases-as-fuel-blockade-lifts/ |
One is the loneliest number: What will help people connect again?
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| New York and Washington
A wide swath of Americans have been feeling as if they’ve been in a proverbial funk since the pandemic wound down. For many, its disruptions have altered not only their daily rhythms, but also their emotional equilibrium, even if a sense of crisis and instability has waned.
For one preschool teacher, the joy of collaboration at work has been lost. An author no longer feels the same energy and creative spirit sitting near others in a coffee shop.
Why We Wrote This
A story focused onMany Americans are struggling to rediscover their spirit of community and connection after a pandemic that left behind an epidemic of loneliness.
But there are deeper concerns as well as the nation’s political divisions increase, disputes among neighbors become cause for deadly gun violence, and even turning into the wrong driveway or ringing a doorbell has proved dangerous.
Intensifying divisions have disrupted what experts identify as a sense of belonging, with a majority of Americans saying they feel disconnected from their communities and places of work. In May, U.S. Surgeon General Vivek Murthy released a report calling the situation a national epidemic – one exacerbated by the pandemic.
The most effective solutions, his report emphasizes, are “the healing effects of social connection and community.”
“What helps us thrive is relationships, right? And connectedness,” says Darcia Narvaez, professor of psychology. “Feeling like we belong, like we matter, like we have something to contribute to the social community.”
So many of the things that brought Emily Pipe joy before the pandemic have now just seemed to lose their spark.
She used to be a classic extrovert, says Ms. Pipe, a public school teacher in Delaware who works with preschoolers with disabilities. She’d charge her mental batteries with friends and social activities during the weekends and engage with colleagues at work, where there was a spirit of collaboration and common purpose.
“Now I’m at home on weekends, recharging my battery for work on Mondays,” says Ms. Pipe, who adds she’s seemed to become “fully introverted,” preferring to stay home and scroll through TikToks. And while teaching before the pandemic had its own challenges, they didn’t compare with those she experienced during the shutdown and ever since.
Why We Wrote This
A story focused onMany Americans are struggling to rediscover their spirit of community and connection after a pandemic that left behind an epidemic of loneliness.
Now, being in the classroom “is lonely,” says Ms. Pipe, who has been grappling with depression and anxiety. The spirit of collaboration at work has been replaced by a sense of isolation from other teachers. Students remain disoriented and distracted, and school administrators, she says, have not quite grasped the needs of the post-pandemic classroom or provided the support teachers like her now need.
The life changes worry her. And, she wonders, is she losing both her friends and her attention span?
In some ways, there’s a wide swath of Americans who have been feeling as if they’ve been in a proverbial funk since the pandemic wound down. For many, its disruptions have altered not only their daily rhythms but also their emotional equilibrium, even if a sense of crisis and instability has waned.
Michael Klein, a clinical psychologist in Massachusetts who works as a business consultant, remembers the creative energies he felt in the local coffee shop before the pandemic. That’s where he wrote most of his book on the challenges of running a family-owned business.
“It just hasn’t quite returned for me – that kind of creative spirit I used to find in places like these,” says Dr. Klein. “I think there’s also this very odd combination of we go to something communal, but we’re really anxious to be together.”
Dr. Klein, who coaches businesses on how to manage more cohesive teams of employees, thinks that while people are out and about more, many are still reckoning with the aftereffects of the pandemic years.
“COVID kind of ended with a whimper, and I don’t think we’ve quite processed the trauma of it all, even though it was this incredibly communal experience in a weird way,” says Dr. Klein. “I mean, worldwide we were going through the same kind of panic and fear and anxiety and uncertainty, but we knew we weren’t alone.”
“Now we’re left with, OK, so now what?” he says. “All of the sudden, it’s, OK, back to work, back to normal. So I think it’s appropriate to say, what’s going on? We’re all kind of feeling that we’ve been through this major traumatic event where millions of lives were lost, we’re more divided than ever, and we don’t really know what to go back to, since we can’t quite go back to life as it was.”
Disrupted sense of belonging
Much of what people are feeling may simply be part of natural emotional responses to life’s inevitable vicissitudes, both personal and professional, an extended case of inward-turning blues.
But there are deeper fears as well as the nation’s political divisions reach Manichean proportions, disputes among neighbors become cause for deadly gun violence, and even turning into the wrong driveway or ringing a doorbell has proved dangerous.
Such anecdotes, too, are then highlighted in the swirl of digital information in our ever-present screens, making many Americans, feeling besieged with mistrust and fear, become more and more wary of those around them.
“What we’ve been seeing with the kinds of rising narratives and around division and divisiveness is a challenge,” says Kim Serrano, director of the Center for Inclusion and Belonging at the American Immigration Council in Washington, D.C. “There’s been an intense focus on what sets us apart.”
This intense focus has disrupted what Ms. Serrano and her colleagues identify as a sense of belonging. In March, her center and the nonprofit Over Zero, which works to counteract identity-based violence, released a new study that found a wide majority of Americans say they don’t feel that they belong within their various social arenas. This includes 74% who say they don’t feel they belong in their local communities, and 64% who say the same of their places of work.
There can be a lot of ambiguity within concepts like belonging, however, and their “belonging barometer” measures a range of emotional experiences, Ms. Serrano says. “When we’re thinking about finding belonging, it’s not like a light switch, you know. It’s not like you just feel it or you don’t. There’s actually a lot of people who are experiencing uncertainty and ambiguity, so it’s really more of a spectrum.”
At the more serious end of the spectrum, medical experts have reported that there is a deeper kind of emotional malaise many Americans are experiencing, and they describe it as a growing “epidemic of loneliness and isolation” within the country.
In May, U.S. Surgeon General Vivek Murthy released a report on this national epidemic, which preceded the pandemic but was then exacerbated by it.
In the 2023 report, Dr. Murthy describes how he embarked on a cross-country listening tour during his first tenure in this position in 2014, when he says he didn’t view loneliness as much of a public health concern.
“I heard stories from my fellow Americans that surprised me,” he writes. “People began to tell me they felt isolated, invisible, and insignificant. Even when they couldn’t put their finger on the word ‘lonely,’ time and time again, people of all ages and socioeconomic backgrounds, from every corner of the country, would tell me, ‘I have to shoulder all of life’s burdens by myself,’ or ‘if I disappear tomorrow, no one will even notice.’”
The effects of these emotions have a direct impact on people’s physical health, the report found, including greater risks for disease, impaired cognitive functions, or suicide and self-harm.
The most effective solutions to the epidemic of loneliness and isolation, however, are what his report emphasizes as “the healing effects of social connection and community.”
“We are called to build a movement to mend the social fabric of our nation,” Dr. Murthy writes, adding that “it will take all of us” working together.
“Our individual relationships are an untapped resource – a source of healing hiding in plain sight,” he says.
“I’ve been sort of saying this is a problem for quite a long time,” says Darcia Narvaez, professor emerita of psychology at the University of Notre Dame. “So the report wasn’t a surprise to me. It was great to see that the government is paying attention to it. And it’s interesting, the report had such a pastoral tone, right? Yeah, it’s calling us back to our human nature. What helps us thrive is relationships, right? And connectedness. Feeling like we belong, like we matter, like we have something to contribute to the social community.”
The challenge is how, however. Dr. Narvaez, an expert in child development and parenting, brings an indigenous or kinship worldview to her studies, and she’s found that as early as childbirth, American social practices like separating infants from their mothers immediately after birth, a disconnection from the natural world, and a relentless focus on capitalist production has in various ways helped create a lonely society.
The epidemic of loneliness and isolation, too, is often borne unequally among economic and racial groups, says Jeffrey Gardere, associate professor of psychology and behavioral medicine at Touro University in New York.
During the pandemic, professionals and office workers were mostly able to transition to working from home, while essential workers, mostly lower-paid members of the working class and including higher proportions of Blacks and Latinos, experienced the dangers and disruptions of COVID-19 in a more significant way – just as they are within the ongoing epidemic of loneliness and isolation.
The traumas experienced by those more economically secure are different in many ways, and some of the phenomena of Americans turning inward are privileged, even if the emotional difficulties are real.
“We really need to be careful – and I found that with myself – that in our solitude and our comfort and our kind of detaching a little bit from society, being able to have that respite, that alone time to reevaluate our lives, that we don’t go too far with that,” says Dr. Gardere. Like many professionals in New York, he found a house in the country in Connecticut while maintaining an apartment in Manhattan, where he’s lived most of his life.
There’s a risk “where we begin to forget or lose the skills of being with other people, or start getting really anxious when it comes to being with others and connecting back in society with friends and at gatherings,” he says. “Those things are very important. They’re almost like booster shots to keep us healthy emotionally as we live this sort of hybrid life.”
“Keys to human connection are simple”
Hannah Schlomann, a program analyst whose firm works closely with the Department of Homeland Security in Washington, says while she was able to work pretty seamlessly at home during the pandemic, she found it difficult to reconnect with people in the same way as before.
“I spent so much time on Zoom, I’ve kind of forgotten how to do eye contact with people,” says Ms. Schlomann, who still works full time from her high-rise apartment in Washington. “Yeah, because you don’t look anyone in the eye anymore. And so I found that I had to kind of retrain myself once we started getting back into activities, and say, no, you need to look at that person and actually, like, interact when you’re offline.”
Larry Watkins, a retired general contractor who lives most of the year in a small community near Lake Lure, North Carolina, says there’s been a discernible hunger to reconnect with neighbors in the remote development of about 1,500 people 25 miles from the nearest town.
A member of the community’s board of directors, Mr. Watkins began noticing that there was an increased demand for common spaces, so he decided to renovate a 980-square-foot storage room, cleaning it out and painting it, thinking it could meet the need for a space for people to socialize. Other members of the community quickly got wind of the project and started donating furniture, pendant lights, kitchen cabinets, even a stove and microwave.
Before the pandemic, community gatherings were never very large, says Mr. Watkins. “If we got 15 or 20 people that was a rousing success,” he says. During the “soft opening” for the renovated community space on St. Patrick’s Day, around 50 people attended, he says. “It was a complete cross section,” from retirees like him who have lived there for years to 30-somethings with families who had moved in just a couple months prior.
It is efforts like these that can help tap into the healing effects of social connection and community, according to Surgeon General Murthy.
“They can help us live healthier, more productive, and more fulfilled lives,” he writes. “Answer that phone call from a friend. Make time to share a meal. Listen without the distraction of your phone. Perform an act of service. Express yourself authentically. The keys to human connection are simple, but extraordinarily powerful.” | https://www.csmonitor.com/USA/Society/2023/0609/One-is-the-loneliest-number-What-will-help-people-connect-again | 2023-06-11 01:00:50 | 0 | https://www.csmonitor.com/USA/Society/2023/0609/One-is-the-loneliest-number-What-will-help-people-connect-again |
RICHMOND, Va. (WRIC) – An abandoned parking deck in downtown Richmond might not stand for much longer after plans for a new mixed-use apartment building to take its place were approved.
Chelsea Savage has lived next door to the parking deck, located on the corner of East Franklin Street and North 6th Street, for five years and says shortly after moving in, she and her neighbors noticed it was falling apart – literally.
“We had a very, very long time of bricks falling off and there was no one paying attention to it whatsoever,” said Savage. “It’s just very much unsafe and has been a blight for five years.”
Savage told 8News she and other tenants would voluntarily pick the bricks up off the street, worried about safety for pedestrians and drivers. The city eventually put up fencing, which blocks access to the crumbling parking deck
“Look up at the walls of the building and you can see portions of bricks that are just ready to fall, and whether they would stay in that fence or not, it’s always a gamble,” said Savage.
In late May, the city approved a development plan for a 181-unit mixed-use apartment complex, with a 10,000 square foot commercial space. The concept also features several rooftop amenities for residents, such as a terrace, gym, and cocktail bar. Virginia Atlantic Development, LLC is the would-be developer of the project.
The full approved plan can be seen below:
The Richmond Department of Planning and Development Review told 8News the existing parking structure is unsafe and must be demolished before new construction can take place on the site.
Savage says she is excited for the new development and has waited to hear the good news for a long time.
“I think all the tenants are very excited that, number one, the safety hazard will be taken down. And number two, that we’ll have again, some more breath of life downtown here,” said Savage.
A construction start date has not yet been announced. | https://www.wric.com/news/local-news/richmond/hazardous-downtown-richmond-parking-deck-to-be-replaced-by-new-apartment-building/ | 2023-07-29 19:02:27 | 1 | https://www.wric.com/news/local-news/richmond/hazardous-downtown-richmond-parking-deck-to-be-replaced-by-new-apartment-building/ |
Experts update COVID-19 landscape, say newer, better vaccines coming
Health experts provided an update Tuesday on the COVID-19 landscape with anticipation of new vaccines yet to come.
The Johns Hopkins Bloomberg School of Public Health in Maryland has been on the forefront of the COVID-19 response. On Tuesday afternoon, its experts held an update on the status of the virus and vaccines.
As we enter the fourth year of the COVID-19 pandemic, the Hopkins experts said it isn't going anywhere and that we all have to learn to live with it to some degree.
But they said newer and better vaccines are in the pipeline.
"There are some that I'm particularly excited about. Those include the nasal vaccines. These will induce immunity in the mucosa of the nasal pharynx, the site of the initial viral replication, and may prevent infection and reduce transmission. So, these are something to watch for," said Dr. William Moss, executive director of the International Vaccine Access Center at the Johns Hopkins Bloomberg School of Public Health.
There's no word yet on when the nasal vaccines might become available.
The experts also talked about the possibility of an annual COVID-19 vaccine, like the flu shot, but acknowledged there are many factors involved in that, like when to give it and to whom.
They also cited a demand for vaccines that has decreased over time. For example, 16% of the eligible U.S. population received the latest vaccine, the updated bivalent booster. | https://www.wisn.com/article/covid-19-update-hopkins-newer-better-vaccines-coming/43137859 | 2023-03-01 13:26:29 | 1 | https://www.wisn.com/article/covid-19-update-hopkins-newer-better-vaccines-coming/43137859 |
It would have sounded crazy to say this a few months ago, but 49ers quarterback Brock Purdy and Raiders quarterback Jarrett Stidham just played an outstanding quarterback duel.
In the end, however, it was a Stidham interception in overtime that set up the 49ers for their game-winning field goal in a 37-34 win.
Purdy completed 22 of 35 passes for 284 yards, with two touchdowns, one interception and no sacks, and he continues to look like a shockingly good quarterback for someone who entered the league as “Mr. Irrelevant” in the 2022 NFL draft.
But Stidham also looked good, making the first start of his career. He completed 23 of 34 passes for 365 yards with three touchdowns and two interceptions, although that final interception was costly.
Raiders wide receiver Davante Adams made no secret of the fact that he was disappointed that Derek Carr was benched for Stidham. But Adams is a consummate professional, and he turned in a great game for Stidham, topping 150 receiving yards and making one of the plays of the year in the NFL this season with a spectacular diving catch.
Christian McCaffrey topped 100 rushing yards while Brandon Aiyuk topped 100 receiving yards for the 49ers, who won their ninth in a row and remain in contention for the No. 1 seed in the NFC. | https://www.nbcsports.com/nfl/profootballtalk/rumor-mill/news/49ers-beat-raiders-in-overtime-in-brock-purdy-jarrett-stidham-qb-duel | 2023-06-30 08:15:39 | 1 | https://www.nbcsports.com/nfl/profootballtalk/rumor-mill/news/49ers-beat-raiders-in-overtime-in-brock-purdy-jarrett-stidham-qb-duel |
TORONTO, Nov. 2, 2022 /PRNewswire/ - SoftwareReviews, a leading source for insights on the software provider landscape, has published its 2022 Customer Data Platform Data Quadrant, naming two providers as Gold Medalists.
As more buyers have gone digital, customer data platforms (CDP) have become essential for marketing leaders, as these tools help to build comprehensive, highly accurate customer profiles. These profiles allow for relevant campaigns and personalized support. CDP software centralizes and consolidates customer data from multiple sources into one holistic view and helps to support data aggregation, CRM, analytics, and reporting.
To support organizations considering which CDP software to invest in this year, SoftwareReviews has identified the top two providers. These insights are based on verified survey data collected from 109 end-user reviews. The leading providers have received high scores on SoftwareReviews' Data Quadrant.
Providers are ranked by a composite satisfaction score, called a Composite Score (CS), that averages four different areas of evaluation: Net Emotional Footprint, Vendor Capabilities, Product Features, and Likeliness to Recommend.
The 2022 Customer Data Platform Software Gold Medalists are as follows:
- Salesforce CDP, 8.6 CS, ranked high for real-time capabilities.
- Tealium AudienceStream CDP, 8.4 CS, ranked high for availability and quality of training.
SoftwareReviews' comprehensive software reviews provide an accurate and detailed view of a complicated and ever-changing market. The data comes from users who use the software day in and day out and IT professionals who have worked with it intimately through procurement, implementation, and maintenance.
For more information about SoftwareReviews, the Data Quadrant, or the Emotional Footprint, or to access resources to support the software selection process, visit softwarereviews.com.
SoftwareReviews is the most in-depth source of buyer data and insights for the enterprise software market. By collecting customer experience data from business and IT professionals, the SoftwareReviews methodology produces detailed and authentic insights into the experience of evaluating and purchasing enterprise software.
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SOURCE SoftwareReviews | https://www.wcjb.com/prnewswire/2022/11/02/best-customer-data-platforms-build-accurate-profiles-campaigns-according-softwarereviews/ | 2022-11-02 23:01:41 | 0 | https://www.wcjb.com/prnewswire/2022/11/02/best-customer-data-platforms-build-accurate-profiles-campaigns-according-softwarereviews/ |
US Marshals Service still recovering from ransomware attack
(CNN) - The U.S. Marshals Service is working on updating a computer system hit by a ransomware attack earlier this year.
An agency spokesperson shared Monday that it will soon bring a new version of the system online with better security after, back in February, hackers hit a computer network used by the secretive marshals service unit known as the Technical Operations Group.
The group uses high-tech surveillance methods to track fugitives.
The agency said at the time that the affected computer system held “law enforcement sensitive information.”
The data included personal information of subjects of U.S. Marshals Service investigations and employees.
The U.S. Marshals Service said most critical tools related to the network “were restored within 30 days of the breach discovery.”
Copyright 2023 CNN Newsource. All rights reserved. | https://www.wibw.com/2023/05/02/us-marshals-service-still-recovering-ransomware-attack/ | 2023-05-02 13:13:08 | 0 | https://www.wibw.com/2023/05/02/us-marshals-service-still-recovering-ransomware-attack/ |
LOS ANGELES, Aug. 15, 2022 /PRNewswire/ -- FaZe Holdings Inc. (Nasdaq: FAZE) ("FaZe" or the "Company"), the lifestyle and media platform rooted in gaming and youth culture, today filed its financial results for the second quarter ended June 30, 2022 with the SEC. Summary financial results are included with this press release.
Recent Business Highlights
- Strong momentum with second quarter sales of $18.8 million, an increase of 22% year-over-year and a new quarterly record
- Listed on Nasdaq under the symbol FAZE through a SPAC deal raising $57.8 million in net proceeds
- Appointed Zach Katz to new role of President and Chief Operating Officer
- Launched "FaZe Subs" ghost kitchen brand in partnership with DoorDash
- Welcomed new members FaZe Deestroying, FaZe Ronaldo, FaZe Proze and FaZe Shanks to FaZe Clan; their combined total social media following exceeds 18 million
- Announced '1ON1' series with the National Football League ("NFL"), featuring FaZe Deestroying taking his multi-stage competitions to several cities during NFL preseason
- Introduced FaZe Clan Buffalo Chicken flavor Pizza Rolls with Totino's
- Expanded into gaming products in collaboration with Ducky and released merchandise collaborations with Disney, Naruto Shippuden and Lyrical Lemonade
- Announced new partnerships with GHOST, Current and RESPAWN
- Launched first-of-its-kind reality competition FaZe1 with over 750 million impressions across platforms and over 39 million minutes watched for FaZe1: The Warehouse and Road to FaZe1
- The FaZe Clan Counter-Strike: Global Offensive team won the PGL Antwerp Major, IEM Cologne, IEM Katowice, and ESL Pro League Season 15 all within the first half of the year – winning millions of dollars in cash and prizes
"With our entry into the public markets now behind us, FaZe is focused on monetizing across our four verticals: sponsorships, content, merchandise and esports," said Lee Trink, Chief Executive Officer of FaZe Clan. "We are building business momentum into the second half of the year and we are working to launch new business initiatives, particularly in the creator economy and Web3."
Second Quarter Financial Results
Revenues for the second quarter were $18.8 million, an increase of 22% from the prior-year second quarter and up 19% from $15.8 million in the 2022 first quarter. The increase in revenue was primarily driven by effective scaling and growth of our business through our various revenue streams, chiefly brand sponsorships and esports. FaZe reported an Adjusted EBITDA loss of ($4.1) million in the second quarter, compared with ($6.2) million in the year-ago second quarter.1 Adjusted EBITDA loss reflects Company investments in leadership personnel and marketing costs to drive its growth strategy.
On July 19, 2022, FaZe completed its merger with B. Riley Principal Merger Corp. and became a publicly traded company. FaZe received aggregate net proceeds of $57.8 million in the transaction and as of that date had $61 million in cash on its balance sheet. The Company has no long-term debt obligations.
1 Adjusted EBITDA is a non-GAAP financial measure. See "Non-GAAP Reconciliation" for our definition of, and additional information about, Adjusted EBITDA and for reconciliation to net loss, the most directly comparable U.S. GAAP financial measure.
Earnings Webcast Information
FaZe Holdings Inc will host a webcast and Q&A session today at 2:00 p.m. Pacific Time to discuss the Company's second quarter financial results. The webcast of the conference call can be accessed as follows:
Event: FaZe Holdings Inc Second Quarter 2022 Earnings Conference Call
Date: Monday, August 15, 2022
Time: 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time)
Webcast: https://events.q4inc.com/attendee/243466355
Toll Free Dial-In: 1 (888) 440-6928
Toll Dial-In: 1 (646) 960-0328
Dial-In Conference ID: 1341513
An archived webcast of the conference call will also be accessible on FaZe Holdings Inc.'s Investor Relations page, https://investor.fazeclan.com.
About FaZe Holdings Inc:
FaZe Holdings Inc. (Nasdaq: FAZE) is a digital-native lifestyle and media platform rooted in gaming and youth culture, reimagining traditional entertainment for the next generation. Founded in 2010 by a group of kids on the internet, FaZe Clan was created for and by Gen Z and Millennials, and today operates across multiple verticals with transformative content, tier-one brand partnerships, a collective of notable talent, and fashion and consumer products. Reaching over 500 million followers across social platforms globally, FaZe Clan delivers a wide variety of entertainment spanning video blogs, lifestyle and branded content, gaming highlights and live streams of highly competitive gaming tournaments. FaZe Clan's roster of more than 85 influential personalities consists of engaging content creators, esports professionals, world-class gamers and a mix of talent who go beyond the world of gaming, including NFL star Kyler "FaZe K1" Murray, Lebron "FaZe Bronny" James Jr., Lil Yachty aka "FaZe Boat," Offset aka "FaZe Offset" and Snoop Dogg aka "FaZe Snoop." Its gaming division includes 11 competitive esports teams who have won 35 world championships. For more information, visit www.fazeclan.com, investor.fazeclan.com and follow FaZe Clan on Twitter, Instagram, YouTube, TikTok, and Twitch. The content of any website referenced or hyperlinked in this communication is neither incorporated into, nor part of, this communication.
FORWARD LOOKING STATEMENTS:
The information in this communication includes "forward-looking statements" pursuant to the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements, other than statements of present or historical fact included in this communication, regarding the company's strategy, future operations and financial performance, estimated financial position, estimated revenue and losses, projections of market opportunity and market share, projected costs, prospects, plans and objectives of management are forward-looking statements. These forward-looking statements generally are identified by the words "budget," "could," "forecast," "future," "might," "outlook," "plan," "possible," "potential," "predict," "project," "seem," "seek," "strive," "would," "should," "may," "believe," "intend," "expects," "will," "projected," "continue," "increase," and/or similar expressions that concern strategy, plans or intentions, but the absence of these words does not mean that a statement is not forward-looking. Such statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and are based on the management's belief or interpretation of information currently available.
These forward-looking statements are based on various assumptions, whether or not identified herein, and on the current expectations of management and are not predictions of actual performance. Because forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions, whether or not identified in this communication, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Many factors could cause actual results and condition (financial or otherwise) to differ materially from those indicated in the forward-looking statements. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond the control of the company. Forward-looking statements speak only as of the date they are made. While FaZe Clan may elect to update these forward-looking statements at some point in the future, FaZe Clan specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing FaZe Clan's assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.
CONTACTS
Investors
ir@fazeclan.com
Media
chelsey.northern@fazeclan.com
NON-GAAP RECONCILIATION
This earnings release includes adjusted EBITDA, which is a non-GAAP measure that we use to supplement our results presented in accordance with U.S. GAAP. Adjusted EBITDA is defined as net loss before share-based compensation expense, exited activities expense, foreign currency gains and losses, interest expense, provision for income taxes, depreciation and amortization, and impairment of content assets. Adjusted EBITDA is used by the FaZe board and management as a key factor in determining the quality of our earnings (loss).
Adjusted EBITDA is a performance measure that we believe is useful to investors and analysts because it illustrates the underlying financial and business trends relating to our core, recurring results of operations and enhances comparability between periods.
Adjusted EBITDA is not a recognized measure under U.S. GAAP and is not intended to be a substitute for any U.S. GAAP financial measure and, as calculated, may not be comparable to other similarly titled measures of performance of other companies in other industries or within the same industry.Investors should exercise caution in comparing our non-GAAP measure to any similarly titled measure used by other companies. This non-GAAP measure excludes certain items required by U.S. GAAP and should not be considered as alternatives to information reported in accordance with U.S. GAAP.
The table below presents our adjusted EBITDA, reconciled to our net loss, the most directly comparable U.S. GAAP financial measure, for the periods indicated.
While not included in the adjustments above, management also removes certain expenses for internal reporting purposes, as they are unpredictable and not considered core to our operations. These expense adjustments that are utilized for internal reporting purposes include expenses related to legal settlements, legal fees outside of the ordinary course of business, and severance. For the three months ended June 30, 2022, and 2021, legal settlements totaled $0 million and $0 million, legal fees outside of the ordinary course of business totaled $0 million and $0.7 million, and severance expenses totaled $0 million and $0.1 million, respectively.
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SOURCE FaZe Clan | https://www.mysuncoast.com/prnewswire/2022/08/15/faze-holdings-inc-reports-second-quarter-2022-financial-results/ | 2022-08-15 22:03:38 | 1 | https://www.mysuncoast.com/prnewswire/2022/08/15/faze-holdings-inc-reports-second-quarter-2022-financial-results/ |
Inside 5 days of a White House determined to maintain business as usual
By Phil Mattingly, Chief White House correspondent
A White House facing the first full day of a special counsel investigation sought to maintain a business-as-usual attitude, highlighting what has become a central objective amid an uncertain and potentially perilous new reality.
President Joe Biden welcomed Japanese Prime Minister Kishida Fumio to the White House, making good on a private pledge two months prior, smiling as he ignored the shouted questions directed his way about the investigation into classified documents found at his home and old private office.
A carefully choreographed roll-out of warnings and statements from the Treasury Department, House and Senate Democratic leaders and the White House — designed to lay the groundwork for a looming battle with House Republicans over the need to raise the debt ceiling in the months ahead — went ahead as planned.
Top advisers held their weekly planning and strategy with outside allies, as scheduled.
As a small group of Biden’s closest aides and lawyers inside and outside the administration were quietly engaged in an intensive effort to navigate the legal, political and messaging problems that were jarringly thrust to the forefront in the last several days, most inside the West Wing had little to no involvement and were trying to focus on one thing: Normalcy.
On Capitol Hill, where Democrats have vacillated between public defense of Biden and private pangs of post-traumatic stress tied to another top Democrat dealing with legal issues tied to classified documents, at least one Democrat subscribed to the effort.
“Frankly, I don’t think we should focus too much on an issue that I honestly did not hear from a single person at home is their top concern,” Sen. Chris Coons, a Delaware Democrat and one of Biden’s closest allies, told CNN’s Manu Raju. “Their top concern is prices at the pump, prices at the grocery store, gun violence, climate change, jobs, moving our economy forward.”
At the close of a week defined by head-spinning developments tied to Biden’s handling of classified information after his time as vice president, it’s a goal that may appear to be aspirational at best.
Yet it’s also one that serves as a necessity for a White House where the vast majority of officials have no role on the team managing legal issues overtaking their carefully crafted plans and messaging.
Biden’s advisers, shifting back into the familiar posture that was honed on the campaign trail and is defined by a chip-on-the-shoulder attitude driven by criticism from national media and the Twitter accounts they so closely follow, see the last few days as evidence Biden’s broader policy goals and objectives won’t necessarily be bogged down.
As senior White House advisers took stock of five days of stunning twists and turns, they maintained it would serve as a roadmap for their path ahead, despite the spotlight of an investigation that is largely out of their control.
They repeated the view that the investigation will ultimately show Biden’s lawyers took the proper steps when the classified documents were discovered. There is neither upside nor benefit, they note, in engaging in an issue that is an ongoing legal matter — a position that has been laid bare in each White House press briefing held since the initial news broke.
Throughout the week, even as new developments surfaced that repeatedly caught Biden’s team off guard, they pointed to the fact they stuck to a strategic plan put together in the weeks leading up to the new year.
There was their first move of the new year on an issue with bipartisan overlap and clear political salience — laying down the broad outlines of potential Big Tech reform through a Wall Street Journal opinion piece carrying the president’s byline.
Each new House Republican legislative effort was met with an immediate, and coordinated, attack from Democrats on both sides of Capitol Hill.
A South Korean solar panel maker’s announcement that it would invest $2.5 billion to build factories in Georgia marked the latest in tens of billions of dollars in new private sector investment incentivized by new laws signed by Biden. Drug price reductions, touted for months before their implementation, kicked in as well.
Senior administration officials participated in more than 100 regional and coalitions interviews on Biden’s policy priorities over the course of the week.
And on the day the special counsel would be announced, Biden’s top economic officials were repeatedly made available for media appearances on the release of Consumer Price Index data that showed a sixth consecutive month of decline in inflation.
National Economic Council Director Brian Deese, in an appearance on CNN less than an hour before Garland’s announcement that former US attorney Robert Hur would be appointed special counsel, was asked if the legal issues were a distraction for Biden’s economic team.
“Absolutely not,” Deese said. “Our focus, the economic team’s focus, is going to be on continuing progress we’ve made, and today is a good, positive development on the economic side, but will increase our resolve to do the work we need to do on behalf of the American people to bring prices down, keep the economic recovery going.”
Biden’s schedule was kept the same as well, including his own remarks on the inflation numbers and broader domestic economy. It was a speech advisers viewed as an important marker for Biden — even if it was overshadowed by his willingness to engage on a question about the proximity of his Corvette to the classified documents discovered in his garage.
Biden was still attending the memorial service for former Secretary of Defense Ash Carter when the special counsel was officially appointed. He would be informed shortly after he departed of Hur’s appointment.
For Biden, who entered this year all but certain to seek reelection and with a clear and carefully choreographed strategic plan to highlight his legislative wins — all while isolating and elevating House Republicans — it has been a week in which each progressing day seemed to demonstrate just how quickly the ground can shift under carefully laid plans.
Yet senior White House advisers say they can stick to a plan that as this week began was viewed as both fully operational and critical to their political prospects in the year ahead.
Whether the determination to stick to those plans as crafted can hold, as an investigation bears down in the months ahead, has yet to be seen.
But on day one, as Biden departed the White House as scheduled, his intent to try was clear.
He smiled and gestured toward reporters as he walked out onto the South Lawn toward Marine One. But he ignored their shouted questions about the investigation.
He would arrive at his Wilmington, Delaware, home a short while later — the same home in which a second batch of classified documents was discovered, an ever-present reminder of an investigation he and his advisers appear determined not to let get in the way of their plans.
The-CNN-Wire
™ & © 2023 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. | https://kion546.com/news/2023/01/13/inside-5-days-of-a-white-house-straining-to-maintain-business-as-usual-2/ | 2023-01-14 02:52:58 | 1 | https://kion546.com/news/2023/01/13/inside-5-days-of-a-white-house-straining-to-maintain-business-as-usual-2/ |
Pennsylvania State Police issued an Amber Alert for a 13-year-old girl said to have been abducted early Wednesday morning from Reading.
Janae Kalia-Henry was last seen about 2 a.m. in the area of Schuylkill Avenue in the Berks County city.
“Kalia-Henry was abducted by an unknown male and last seen traveling in a silver Chevrolet Traverse with a PA registration,” state police wrote in the alert.
Janae is described as standing 5 feet 1 inch tall and weighing 106 pounds, with black hair and brown eyes, and was last seen wearing a red shirt with pink and purple pants, police said.
Police said to dial 911 if she or the vehicle are seen.
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Kurt Bresswein may be reached at kbresswein@lehighvalleylive.com. | https://www.lehighvalleylive.com/news/2022/08/amber-alert-police-seeking-13-year-old-reportedly-abducted-overnight-in-reading.html | 2022-08-31 19:45:01 | 1 | https://www.lehighvalleylive.com/news/2022/08/amber-alert-police-seeking-13-year-old-reportedly-abducted-overnight-in-reading.html |
Father reacts to 11-year-old son’s stabbing, allegedly by another student
PERTH AMBOY, N.J. (News 12 New Jersey) - An 11-year-old fifth grader is hospitalized after a fellow student - a sixth grader - stabbed him with a household knife following a dispute.
School officials said it happened Wednesday afternoon just as classes were dismissed.
The victim’s family wants to know how a middle school student smuggled a knife into school without getting caught.
Smailyn Jimenez won’t be returning to his classroom at Samuel E. Shull Middle School in Perth Amboy any time soon.
He just underwent surgery Thursday evening at Robert Wood Johnson University Hospital in New Brunswick after being stabbed while walking home from school.
His father Juan Jimenez, trying to hold back the tears, said that even though his son is making progress, doctors say it would take him about three years to recover.
He said his son was stabbed twice in the abdomen and that one of the veins to his heart was damaged.
He alleged the attack was unprovoked by a sixth and a seventh grader from the same school who followed his son right after dismissal around 2:40 p.m. and that it happened two blocks away from his home.
Jimenez said his boy was walking alone.
According to authorities, an 11-year-old sixth grader was taken into custody Wednesday night and is currently housed at the Middlesex County Juvenile Detention Center.
He was charged with juvenile delinquency for crimes that, if committed by an adult, would be attempted murder, aggravated assault and weapons charges.
Based on the police investigation, it appears to be an isolated incident as the minor acted alone in the perpetuated crimes.
Smailyn’s family is the demanding justice and that the second boy they allege was involved in the stabbing is also held accountable.
The board of education’s attorney issued a statement on behalf of the school district, saying, “As a school community, we are devastated by this senseless act of violence. The school administration has reached out to the family to provide support.”
Jimenez said he is thanking a good Samaritan who, after seeing Smailyn bleeding, picked him up, put him in her car and spotted an ambulance passing by.
Copyright 2023 News 12 New Jersey via CNN Newsource. All rights reserved. | https://www.wistv.com/2023/02/24/father-reacts-11-year-old-sons-stabbing-allegedly-by-another-student/ | 2023-02-24 15:36:16 | 1 | https://www.wistv.com/2023/02/24/father-reacts-11-year-old-sons-stabbing-allegedly-by-another-student/ |
DETROIT (AP) — In a little over four years, new heavy truck makers will have to cut harmful nitrogen oxide pollution more than 80% under new standards released Tuesday by the U.S. Environmental Protection Agency.
Some environmental and health advocates praised the standards but others said they don’t go far enough to curb nitrogen oxide, which can cause issues including respiratory illness, cardiovascular problems and even death.
Problems are more acute in industrial and port areas, causing health problems for low-income residents who live there. The EPA says 72 million people live near freight routes in the U.S.
The standards, coupled with greenhouse gas emission limits coming next year, and government investments, eventually will lead to zero-emissions electric and hydrogen fuel cell trucks carrying most of the nation’s freight, the agency said.
“This is just the first action under EPA’s clean trucks plan to pave the way toward a zero-emission future,” Administrator Michael Regan said in a prepared statement.
The standards, the first update in more than 20 years, limit nitrogen oxide emissions from new semis and other heavy trucks to 35 milligrams per horsepower hour. The current standard is 200 milligrams, the EPA said.
One horsepower hour is the equivalent of energy consumed by working at the rate of one horsepower for a single hour.
EPA officials say catalytic reduction technology is available for truck engine manufacturers to meet the large reduction when the standards take effect in 2027. The agency also says the standards can be met at a reasonable cost. The stronger standard will not change and will remain in place for multiple years, the EPA said.
As the fleet of heavy trucks is replaced by newer vehicles, it should reduce nitrogen oxide pollution by 48% by 2045, the EPA said.
The agency expects greenhouse gas standards and incentives in the Inflation Reduction Act to bring the replacement of all diesel trucks with zero-emissions alternatives, said Margo Oge, a former director of the EPA’s transportation and air quality office.
Oge, now a volunteer with the Environmental Protection Network, expects at least half of all new heavy trucks to be powered by batteries or hydrogen fuel cells by 2030.
The Truck and Engine Manufacturers Association said the new standards will be challenging to put in place, but its members will work with the EPA.
“Ultimately the success or failure of this rule hinges on the willingness and ability of trucking fleets to invest in purchasing the new technology to replace their older, higher-emitting vehicles,” the association said in a prepared statement.
A group representing independent truck drivers, the Owner Operator Independent Drivers Association, said small business truckers won’t be able to afford new trucks, so they’ll stay with older, less-efficient ones.
The new rule lets the trucking industry keep making vehicles that pollute the air, the Natural Resources Defense Council said.
“The agency missed a critical opportunity to slash soot and smog and accelerate the shift to the cleanest vehicles,” the group said in a prepared statement.
However, the American Lung Association called the rule an important step in reducing emissions that can cause lifelong lung damage.
“Now, EPA must build on today’s rule,” the group said. “These standards must dramatically reduce greenhouse gas emissions from trucks to drive a nationwide transition to zero-emission vehicles.” | https://www.wearegreenbay.com/business/ap-business/ap-epa-to-tighten-nitrogen-oxide-limits-for-new-heavy-trucks/ | 2022-12-21 11:46:31 | 0 | https://www.wearegreenbay.com/business/ap-business/ap-epa-to-tighten-nitrogen-oxide-limits-for-new-heavy-trucks/ |
(WHTM) — Planet Fitness has officially kicked off its program to let high school students work out for free for the summer.
Starting on May 16, the company says, any student between ages 14-19 can work out at any of the 2,400+ locations until Aug. 31 during their High School Summer Pass Program.
“We’re excited to officially open our doors to high school students today and provide a safe and Judgement Free space for teens to focus on their mental and physical health this summer as part of our High School Summer Pass program,” said Chris Rondeau, Chief Executive Officer at Planet Fitness. “At Planet Fitness, we’re proud of our commitment to give teens free access during the summer so they can develop long-lasting, healthy habits and experience all the benefits of fitness.”
Visit the Planet Fitness website to sign up. Participants can also enter a contest for a chance to be one of 10 teens each awarded $10,000 academic scholarships by Planet Fitness. More information about the contest can be found here.
Teens under the age of 18 in the United States or under 19 in Canada must register with a parent or guardian online on in-club. | https://cbs4indy.com/news/national-world/teens-can-work-out-for-free-at-planet-fitness-heres-how/ | 2023-05-16 20:00:18 | 1 | https://cbs4indy.com/news/national-world/teens-can-work-out-for-free-at-planet-fitness-heres-how/ |
BELEN, N.M. (KRQE) – After two years, non-profit H2 Academic Solutions Scholarship Fund is bringing what it’s calling a first of it’s kind teen center to Belen.
“We’re excited,” said Holly Chavez, Board Chairman for H2 ASSF. “We never doubted we’d get here. We are nothing if not persistent.”
After plans to renovate an old city building proved to be too costly, the city reached out to Belen Consolidated Schools to help the non-profit. H2 ASSF just signed the Memorandum of Understanding to turn a district building into a teen center.
“We have a big homeless community of teens here,” said Chavez. “If we can get them to a safe space, maybe they don’t become drug-addicted or gang involved.”
Chavez said it’s a first of its kind for Belen because of its community-based model, which another board member, Noelle Chavez, has experience in and has helped develop in other communities.
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With the help of about 30 community partners volunteering their time and services, the teen center will offer everything from food and hygiene products to cooking and workout classes, mentoring, and behavioral health services. The non-profit said juvenile probation services have also expressed interest in coming to spend time with youth.
“The idea is that the kid can go in there, and they’re going in for recreation and fun, that will all be part of it. But if there’s a problem, if there’s issues at home, there will be people, there will be resources there,” said Chavez.
The non-profit will get the keys to the building on July 1. Noelle said in the meantime, they are drafting up policies for the center and will soon work on getting the building ready to open.
“Our biggest hope is that we can help these kids so that they don’t become police-involved, gang-involved, drug-involved,” said Chavez. “Our business deals with kids that are at risk of police contact or police involvement, and so we’re kind of hoping we work our way out of a job.”
Noelle said they expect to serve 30-50 kids at any given time. The center will become a bus stop for Belen Consolidated Schools, so they hope to have the facility up and running by August. | https://www.krqe.com/news/new-mexico/non-profit-bringing-teen-center-for-at-risk-youth-to-belen/ | 2022-06-17 04:27:37 | 0 | https://www.krqe.com/news/new-mexico/non-profit-bringing-teen-center-for-at-risk-youth-to-belen/ |
The global loyalty provider will enable clients' customers to turn their points into shares of stock.
NEW YORK, March 16, 2023 /PRNewswire/ -- Loylogic, the global leader in loyalty and incentivized engagement solutions has partnered with Bits of Stock, the fintech that powers stock rewards programs, to introduce a new and innovative reward offering designed to help customers build wealth and deepen their relationship with brand partners.
Available across verticals, the Stock Rewards program will offer an innovative way for businesses to differentiate their rewards program from competitors and create a stickier user experience.
Unlike transactional rewards offerings, Stock Rewards can increase in value over time and are notable for driving lasting engagement beyond the point of redemption. A recent study from NYU Stern found that a single dollar issued in Stock Rewards delivered over $16 in consumer spending back to the brand and that every Stock Reward issued led to as much as 3 months' worth of increased spending with the brand.
For Loylogic, the partnership with Bits of Stock continues the loyalty program specialist's ongoing mission to deliver impactful loyalty programs. "Allowing our millions of end users to invest their points is one more way we're changing the industry for good," Piyush Khandelwal, COO of Loylogic said. "We believe rewards can be a powerful engine to get more people on the path to building wealth, and Bits of Stock is the perfect partner to help us do that."
Globally, at least $48 trillion in loyalty points sit unredeemed, creating massive liabilities for businesses and highlighting consumer demand for redemption alternatives.
"Loylogic has been a worldwide leader in tackling the problem of points liabilities," Arash Asady, CEO of Bits of Stock said. "Once again they're innovating the industry by offering a new reward type that delivers real value for both their clients and consumers."
About Loylogic
Swiss-based Loylogic Holdings is a global innovator in points commerce. Founded in 2005 and headquartered in Zurich, Loylogic operates across the globe as the trusted partner of the most visionary loyalty programs. For additional information, visit www.loylogic.com
About Bits of Stock
Bits of Stock enables financial institutions and brands to reward their customers in fractional shares of stock, crypto and more. Their embeddable APIs, brokerage services & merchant funded offers allow for fully customizable solutions.
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SOURCE Bits of Stock | https://www.1011now.com/prnewswire/2023/03/16/loylogic-partners-with-bits-stock-offer-next-generation-loyalty-rewards/ | 2023-03-16 10:57:10 | 0 | https://www.1011now.com/prnewswire/2023/03/16/loylogic-partners-with-bits-stock-offer-next-generation-loyalty-rewards/ |
WASHINGTON (AP) — U.S. inflation likely reached a new 40-year high in June, driven up by a spike in gas costs, more expensive food and rent, and pricier cars and hotel rooms.
A government report Wednesday is expected to show that consumer prices soared 8.8% in June compared with a year earlier, according to data provide FactSet. That would be an increase from 8.6% in May and the biggest yearly rise since December 1981.
Inflation at that level would make it highly likely the Federal Reserve will implement another large interest rate increase at its next meeting in two weeks. Higher rates are intended to cool consumer and business spending and slow the economy and inflation.
Such large price increases would also highlight the brutal impact that inflation has had on many families’ finances, as the costs of many necessities has soared at a faster pace than incomes. Lower-income Americans and Black and Hispanic families have fared worse, as a greater percentage of their budgets are spent on items like gas and food.
So far in July, however, gas prices have fallen from the eye-watering $5 a gallon reached in mid-June to an average of $4.66 nationwide as of Tuesday. That is still far higher than a year ago, but the drop points to the potential for sharply lower inflation this month and possibly in August.
Still, rising prices have caused a steep decline in consumers’ confidence in the economy, dragged down President Joe Biden’s approval ratings and present major political risks for congressional Democrats this fall. Forty percent of U.S. adults said tackling inflation should be a top government priority this year in a June AP-NORC poll, up from just 14% in December.
Americans sharply ramped up their spending as the pandemic waned a year ago, initially splurging on furniture, exercise equipment, and other home goods and in recent months switching more to travel, dining out, and going to movies and concerts. Surging demand, partly fueled by government stimulus checks, overwhelmed supply chains and sent prices soaring.
On a monthly basis, economists forecast that Wednesday’s report will show prices rose 1.1% in June from May, according to FactSet. Some economists estimate that as much as half of that gain would reflect higher prices at the pump.
Excluding the volatile food and energy categories, prices likely rose 0.6% in June for the third straight month and 5.7% from a year earlier.
Monthly increases of that size would likely cement the case at the Federal Reserve for another large, 0.75 percentage point increase in its benchmark short-term interest rate, which is currently in a range of 1.5% to 1.75%. At its rate-setting meeting last month, Fed officials implemented a 0.75 percentage point hike, the largest in nearly three decades.
The persistence of inflation has unnerved Fed Chair Jerome Powell and other Fed officials, who are engaged in the fastest series of rate hikes since the late 1980s in an effort to bring it to heel.
Powell has emphasized that the central bank wants to see “compelling evidence” that inflation is slowing before dialing back its rate hikes. Such evidence would need to be a “series of declining monthly inflation readings,” he said at a press conference last month.
Some economists worry that the Fed’s desire to quell inflation could cause it to hike rates too quickly, even as the economy, by some measures, is slowing. Much higher borrowing costs could tip into recession next year.
Consumers have started to pull back a bit on spending, home sales are falling as mortgage rates rise, and factory output slipped in May.
The Fed would like to see weaker growth, which should help bring down inflation. Healthy job gains in June point to an economy that is still expanding, with little sign of an imminent recession.
Inflation is likely to slow later this year, but it’s not clear by how much. Oil prices fell Tuesday to about $96 a barrel and other commodities, including metals such as copper, have also gotten cheaper, mostly because of recession fears in the U.S. and Europe.
Shipping costs for international freight have fallen and there are fewer ships stuck at the Port of Los Angeles and Long Beach, America’s largest. Wholesale gas prices have fallen to about $3.40 a gallon, which suggests retail prices could drop to as low as $4.20 by August, according to Omair Sharif, founder of Inflation Insights. Wholesale used car prices are also falling, which point to declining used car prices in the coming months.
Yet plenty of items are still rising in price. Apartment rents have jumped as more solid job gains and wage increases have encouraged more Americans to move out on their own. Average rents for new leases have increased 14% in the past year, according to real estate brokerage Redfin, to an average of $2,016 a month.
Rents as measured by the government’s inflation index have increased more slowly because they include all rents, including existing leases. But economists expect the rising expense of new leases will push the government’s inflation measure higher in the coming months.
Inflation has spiked overseas as well. It reached 9.1% in the United Kingdom in May, the highest level in four decades, driven mostly by higher gas and food costs. In the 19 European countries that use the euro currency, it hit 8.1% that month, from a year earlier, the most on records dating back to 1997. | https://www.seattletimes.com/business/surging-gas-prices-likely-drove-us-inflation-to-40-year-high/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_business | 2022-07-13 04:18:49 | 0 | https://www.seattletimes.com/business/surging-gas-prices-likely-drove-us-inflation-to-40-year-high/?utm_source=RSS&utm_medium=Referral&utm_campaign=RSS_business |
Child welfare algorithm faces Justice Department scrutiny
PITTSBURGH (AP) — The Justice Department has been scrutinizing a controversial artificial intelligence tool used by a Pittsburgh-area child protective services agency following concerns that it could result in discrimination against families with disabilities, The Associated Press has learned.
The interest from federal civil rights attorneys comes after an AP investigation revealed potential bias and transparency issues about the opaque algorithm that is designed to assess a family’s risk level when they are reported for child welfare concerns in Allegheny County.
Several civil rights complaints were filed in the fall about the Allegheny Family Screening Tool, which is used to help social workers decide which families to investigate, AP has learned.
Two sources said that attorneys in the Justice Department’s Civil Rights Division cited the AP investigation when urging them to submit formal complaints detailing their concerns about how the algorithm could harden bias against people with disabilities, including families with mental health issues.
A third person told AP that the same group of federal civil rights attorneys also spoke with them in November as part of a broad conversation about how algorithmic tools could potentially exacerbate disparities, including for people with disabilities. That conversation explored the design and construction of Allegheny’s influential algorithm, though the full scope of the Justice Department’s interest is unknown.
All three sources spoke to AP on the condition of anonymity, saying the Justice Department asked them not to discuss the confidential conversations, and two said they also feared professional retaliation.
Wyn Hornbuckle, a Justice Department spokesman, declined to comment.
Algorithms use pools of information to turn data points into predictions, whether that’s for online shopping, identifying crime hot spots or hiring workers. Many child welfare agencies in the U.S. are considering adopting such tools as part of their work with children and families.
Though there’s been widespread debate over the moral consequences of using artificial intelligence in child protective services, the Justice Department’s interest in the pioneering Allegheny algorithm marks a significant turn toward possible legal implications.
Supporters see algorithms as a promising way to make a strained child protective services system both more thorough and efficient, saying child welfare officials should use all tools at their disposal to make sure children aren’t maltreated. But critics worry that including data points collected largely from people who are poor can automate discrimination against families based on race, income, disabilities or other external characteristics.
Robin Frank, a veteran family law attorney in Pittsburgh and vocal critic of the Allegheny algorithm, said she also filed a complaint with the Justice Department in October on behalf of a client with an intellectual disability who is fighting to get his daughter back from foster care. The AP obtained a copy of the complaint, which raised concerns about how the Allegheny Family Screening Tool assesses a family’s risk.
“I think it’s important for people to be aware of what their rights are and to the extent that we don’t have a lot of information when there seemingly are valid questions about the algorithm, it’s important to have some oversight,” Frank said.
Mark Bertolet, spokesman for the Allegheny County Department of Human Services, said by email that the agency had not heard from the Justice Department and declined interview requests.
“We are not aware of any concerns about the inclusion of these variables from research groups’ past evaluation or community feedback on the (Allegheny Family Screening Tool),” the county said, describing previous studies and outreach regarding the tool.
Allegheny County said its algorithm has used data points tied to disabilities in children, parents and other members of local households because they can help predict the risk that a child will be removed from their home after a maltreatment report. The county added that it has updated its algorithm several times and has sometimes removed disabilities-related data points.
The Allegheny Family Screening Tool was specifically designed to predict the risk that a child will be placed in foster care in the two years after the family is investigated. It has used a trove of detailed personal data collected from child welfare history, as well as birth, Medicaid, substance abuse, mental health, jail and probation records, among other government data sets. When the algorithm calculates a risk score of 1 to 20, the higher the number, the greater the risk. The risk score alone doesn’t determine what happens in the case.
The AP first revealed racial bias and transparency concerns in a story last April that focused on the Allegheny tool and how its statistical calculations help social workers decide which families should be investigated for neglect – a nuanced term that can include everything from inadequate housing to poor hygiene, but is a different category from physical or sexual abuse, which is investigated separately in Pennsylvania and is not subject to the algorithm.
A child welfare investigation can result in vulnerable families receiving more support and services, but it can also lead to the removal of children for foster care and ultimately, the termination of parental rights.
The county has said that hotline workers determine what happens with a family’s case and can always override the tool’s recommendations. It has also underscored that the tool is only applied to the beginning of a family’s potential involvement with the child welfare process. A different social worker who later conducts the investigations, as well as families and their attorneys, aren’t allowed to know the scores.
Allegheny’s algorithm, in use since 2016, has at times drawn from data related to Supplemental Security Income, a Social Security Administration program that provides monthly payments to adults and children with a disability; as well as diagnoses for mental, behavioral and neurodevelopmental disorders, including schizophrenia or mood disorders, AP found.
The county said that when the disabilities data is included, it “is predictive of the outcomes” and “it should come as no surprise that parents with disabilities … may also have a need for additional supports and services.” The county added that there are other risk assessment programs that use data about mental health and other conditions that may affect a parent’s ability to care for a child.
The AP obtained records showing hundreds of specific variables that are used to calculate the risk scores for families who are reported to child protective services, including the public data that powers the Allegheny algorithm and similar tools deployed in child welfare systems elsewhere in the U.S.
The AP’s analysis of Allegheny’s algorithm and those inspired by it in Los Angeles County, California, Douglas County, Colorado, and in Oregon reveals a range of controversial data points that have measured people with low incomes and other disadvantaged demographics, at times measuring families on race, zip code, disabilities and their use of public welfare benefits.
Since the AP’s investigation published, Oregon dropped its algorithm due to racial equity concerns, and the White House Office of Science and Technology Policy emphasized that parents and social workers needed more transparency about how government agencies were deploying algorithms as part of the nation’s first “AI Bill of Rights.”
The Justice Department has shown a broad interest in investigating algorithms in recent years, said Christy Lopez, a Georgetown University law professor who previously led some of the Justice Department’s civil rights division litigation and investigations.
In a keynote about a year ago, Assistant Attorney General Kristen Clarke warned that AI technologies had “serious implications for the rights of people with disabilities,” and her division more recently issued guidance to employers saying using AI tools in hiring could violate the Americans with Disabilities Act.
“They are doing their jobs as civil rights investigators to get to the bottom of what’s going on,” Lopez said of the Justice Department scrutiny of Allegheny’s tool. “It appears to me that this is a priority for the division, investigating the extent to which algorithms are perpetuating discriminatory practices.”
Traci LaLiberte, a University of Minnesota expert on child welfare and disabilities, said the Justice Department’s inquiry stood out to her, as federal authorities have largely deferred to local child welfare agencies.
“The Department of Justice is pretty far afield from child welfare,” LaLiberte said. “It really has to rise to the level of pretty significant concern to dedicate time and get involved.”
Emily Putnam-Hornstein and Rhema Vaithianathan, the two developers of Allegheny’s algorithm and other tools like it, deferred to Allegheny County’s answers about the algorithm’s inner workings. They said in an email that they were unaware of any Justice Department scrutiny relating to the algorithm.
Researchers and community members have long raised concerns that some of the data powering child welfare algorithms may heighten historical biases against marginalized people within children protective services. That includes parents with disabilities, a community that is a protected class under federal civil rights law.
The Americans with Disabilities Act prohibits discrimination on the basis of disability, which can include a wide spectrum of conditions, from diabetes, cancer and hearing loss to intellectual disabilities and mental and behavioral health diagnosis like ADHD, depression and schizophrenia.
LaLiberte has published research detailing how parents with disabilities are disproportionately affected by the child welfare system. She challenged the idea of using data points related to disabilities in any algorithm because, she said, that assesses characteristics people can’t change, rather than their behavior.
“If it isn’t part of the behavior, then having it in the (algorithm) biases it,” LaLiberte said.
___
Burke reported from San Francisco.
____
Follow Sally Ho and Garance Burke on Twitter at @_sallyho and @garanceburke. Contact AP’s global investigative team at Investigative@ap.org or https://www.ap.org/tips/
Copyright 2023 The Associated Press. All rights reserved. | https://www.kxii.com/2023/01/31/child-welfare-algorithm-faces-justice-department-scrutiny/ | 2023-01-31 14:31:45 | 1 | https://www.kxii.com/2023/01/31/child-welfare-algorithm-faces-justice-department-scrutiny/ |
U.S. appeals ruling that would lift asylum restrictions
The U.S. government said Wednesday that it is appealing a court ruling that would otherwise lift asylum restrictions that have become the cornerstone of border enforcement in recent years.
The disputed enforcement rule, which denies migrants the right to seek asylum under U.S. and international law, first took effect in March 2020, on grounds of preventing the spread of COVID-19.
The Homeland Security Department said it would file an appeal with the U.S. Court of Appeals for the District of Columbia, challenging a November ruling by U.S. District Judge Emmet Sullivan that ordered the Biden administration to lift the asylum restrictions.
The restrictions were put in place under then-President Donald Trump at the outset of the COVID-19 pandemic. The practice was authorized under Title 42 of a broader 1944 law covering public health and has been used to expel migrants more than 2.4 million times.
The appeal could scuttle a Dec. 21 deadline set by Sullivan for his order to go into effect.
Sullivan has called the expulsion of migrants under the rule “arbitrary and capricious.”
A ‘dedicated docket’ intended to fast-track cases has led to more deportations of asylum seekers who often lack legal representation.
And immigrant rights groups have argued that the use of Title 42 unjustly harms people fleeing persecution and that the pandemic was a pretext used by the Trump administration to curb immigration.
“The Biden administration’s decision to appeal is unsurprising given its vigorous defense of the policy for the past two years,” said Lee Gelernt, an attorney for the ACLU and lead counsel on its Title 42 litigation, in an email.
A coalition of conservative-leaning states wants to keep in place the Trump-era public health rule that allows many asylum seekers to be turned away at the southern U.S. border.
The ban has been unevenly enforced by nationality, falling largely on migrants from Guatemala, Honduras, El Salvador — as well as Mexicans — because Mexico allows them to be returned from the United States. Last month, Mexico began accepting Venezuelans who are expelled from the United States under Title 42, causing a sharp drop in Venezuelans seeking asylum at the U.S. border.
The asylum rule has been used by the Biden administration to expel migrant families and single adults, though not children traveling alone.
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You may occasionally receive promotional content from the Los Angeles Times. | https://www.latimes.com/world-nation/story/2022-12-07/us-appeals-ruling-lift-asylum-restrictions | 2022-12-08 01:50:28 | 1 | https://www.latimes.com/world-nation/story/2022-12-07/us-appeals-ruling-lift-asylum-restrictions |
Growth Attributed to Adoption of Smart NICs and High-Speed Ports
REDWOOD CITY, Calif. , June 8, 2022 /PRNewswire/ -- According to a recently published report by Dell'Oro Group, the trusted source for market information about the telecommunications, networks, and data center IT industries, the Ethernet controller and adapter market surpassed $1 billion for the first time in 1Q 2022. Growth was attributed to the adoption of Smart NICs and high-speed ports.
"The Ethernet controller and adapter market was driven by strong Smart NIC and 100 Gbps port shipments," said Baron Fung, Research Director at Dell'Oro Group. "Furthermore, port average selling prices escalated during the quarter as vendors passed higher supply chain costs on to end-users, adding to topline growth. However, vendors continue to contend with supply chain challenges to meet strong and demand. We anticipate the upcoming server platform refresh and cloud expansion cycle to drive the strong demand for Ethernet adapters," added Fung.
Additional highlights from the 1Q 2022 Ethernet Adapter and Smart NIC report include:
- Total Ethernet controller and adapter port shipments grew 2 percent in 1Q 2022.
- 100 and 200 Gbps ports accounted for 38 percent of the revenue in 1Q 2022 from high-end workloads such as accelerated computing.
- Smart NICs open vendors such as Marvell, Napatech, and Nvidia accounted for 30 percent of the revenue in 1Q 2022 and gained share over internally developed solutions by the major cloud service providers such as Amazon and Microsoft.
The Dell'Oro Group Ethernet Adapter and Smart NIC Quarterly Report provide complete, in-depth coverage of the market with tables covering manufacturers' revenue; average selling prices; and unit and port shipments by speed (1 Gbps, 10 Gbps, 25 Gbps, 40 Gbps, 50 Gbps, 100 Gbps, and 200 Gbps) for Ethernet controllers and adapters. The report also covers Smart NIC controllers and adapters. To purchase this report, please contact us at dgsales@delloro.com.
About Dell'Oro Group
Dell'Oro Group is a market research firm that specializes in strategic competitive analysis in the telecommunications, networks, data center infrastructure, and network security markets. Our firm provides in-depth quantitative data and qualitative analysis to facilitate critical, fact-based business decisions. For more information, contact Dell'Oro Group at +1.650.622.9400 or visit www.delloro.com.
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SOURCE Dell'Oro Group | https://www.dakotanewsnow.com/prnewswire/2022/06/08/ethernet-adapter-market-surpasses-1-b-1q-2022-according-delloro-group/ | 2022-06-08 15:12:52 | 0 | https://www.dakotanewsnow.com/prnewswire/2022/06/08/ethernet-adapter-market-surpasses-1-b-1q-2022-according-delloro-group/ |
CORPUS CHRISTI, Texas — Melanie Tijerina never thought she would see the ring she had specially made to honor her children again.
"I actually started to convince myself I had possibly thrown it away after hand-drying my hands," Tijerina said.
Tijerina was shopping at La Palmera mall on the busiest shopping day of the season, Black Friday, with her family when she took her ring off to wash her hands in a department store bathroom. Though it is not an expensive piece of jewelry, the ring, to Tijerina, was priceless. It was made with her children's birthstones. It was her "mother" ring.
She said she got distracted with her baby while in the bathroom and ended up leaving without putting it back on.
"I panicked, of course," Tijerina said. "I was with my grandma and my baby and I felt my finger and realized it was missing. I told my grandma to get the baby and I ran back to the bathroom."
But the ring was no where to be found. She cried, but, she did not give up. She understood that she may never see the ring again, but she took to social media to plead for the return of her lost prized possession.
"This ring has no monetary value. It cost less than $100. But it is priceless to me. It has my kids birthstones. I bought this for myself last year. I always put the kids before my wants so this was a ‘big’ purchase for me. I can easily replace it but I want THIS one," she said in the post.
What happened next, she never expected. Hundreds of people started to share the post.
"I felt excited with just 10 shares so I was definitely amazed at the amount it eventually got up to by that night," Tijerina said.
She made the post Saturday morning, and by Saturday evening, she received a message.
"I was so shocked, all I really processed was 'the ring in my posession' and 'I'd like to return it,'" Tijerina said. She was able to get the ring back the next day.
Tijerina said it doesn't matter what happened, it only matters that her ring was returned, and that, she is thankful for. She updated her post shortly after to let everyone know how grateful she was.
"Thank you all so very much for sharing! I appreciate each and every single one of you and especially the person who found it and is returning it."
Sometimes, you need a story that makes you smile. | https://www.newscentermaine.com/article/life/heartwarming/family-ring-returned-to-mother-who-lost-it-in-a-busy-black-friday-crowd/503-328a4fd3-c436-40a9-9080-5c2f0a6d84ae | 2022-12-06 13:54:43 | 1 | https://www.newscentermaine.com/article/life/heartwarming/family-ring-returned-to-mother-who-lost-it-in-a-busy-black-friday-crowd/503-328a4fd3-c436-40a9-9080-5c2f0a6d84ae |
On Thursday morning, a man walked into the lobby of the Alba de Vida substance abuse treatment clinic in Buffalo, N.Y., holding an AR-15. He fired one round into the wall before an unnamed security guard forced the man against a wall, took him outside and then pinned him to the ground with the help of another security guard.
The incident was caught on surveillance footage recently released by Buffalo police. The footage shows the man, 48-year-old Jeremy Griffin of Williamsville, N.Y., entering the clinic and brandishing the weapon before being confronted by a security guard.
Griffin then appeared to fire a shot. The security guard then ran toward him, pinning him against the wall. The two struggled before the guard was able to drag Griffin outside, while another security guard followed him.
Security footage from outside the clinic shows the two guards wrestling Griffin to the ground while two bystanders helped take the AR-15 from him.
Officers say at least two more rounds were fired during the struggle, but no one was injured.
The clinic is run by Promesa Inc., and affiliated with the human services nonprofit Acacia Network. It provides, among other things, medication-assisted treatment for people dealing with substance abuse.
"The Acacia Network commends the tremendous bravery of our employees, who immediately sprang into action and averted a possible tragedy. We are proud of the safety and security measures we have in place, including our dedicated security personnel," Gabriela González, assistant vice president of communications and development told NPR.
Griffin has been charged with a number of felonies, including attempted murder. Officers say he stopped at a home on Pennsylvania Street and shot a woman in the leg before going to the clinic. The woman was taken to Erie County Medical Center for non-life-threatening injuries.
"[Both shootings] were an attempted robbery seeking what we believe to be drugs," Buffalo Police Commissioner Joseph Gramaglia said in a press conference. "There was, at this point, no other motive other than an attempted robbery."
Buffalo Police are working with the Bureau of Alcohol, Tobacco, Firearms and Explosives to determine where the AR-15 came from. The rifle had an extended 30-round magazine, according to police, a larger size than is legal in the state of New York. Investigators don't believe the attack was planned.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.iowapublicradio.org/news-from-npr/2022-11-15/an-unarmed-guard-prevented-a-gunman-from-entering-a-buffalo-treatment-clinic | 2022-11-15 11:09:04 | 1 | https://www.iowapublicradio.org/news-from-npr/2022-11-15/an-unarmed-guard-prevented-a-gunman-from-entering-a-buffalo-treatment-clinic |
European leaders agree to ban most Russian oil imports. Families prepare to bury their children in Uvalde. A new maximum security prison in Illinois has become one of the deadliest in the U.S.
Copyright 2022 NPR
European leaders agree to ban most Russian oil imports. Families prepare to bury their children in Uvalde. A new maximum security prison in Illinois has become one of the deadliest in the U.S.
Copyright 2022 NPR | https://www.nepm.org/national-world-news/national-world-news/2022-05-31/news-brief-russian-oil-ban-uvalde-funerals-deadliest-federal-prison | 2022-05-31 10:18:13 | 1 | https://www.nepm.org/national-world-news/national-world-news/2022-05-31/news-brief-russian-oil-ban-uvalde-funerals-deadliest-federal-prison |
PEMBROKE, Va., Nov. 17, 2022 /PRNewswire/ -- The stars shine brightly on Mountain Lake Lodge, Virginia's picturesque destination wedding venue located amid 2,600 acres atop the scenic Blue Ridge Mountains. The award-winning resort boasts a magical setting with multiple indoor and outdoor wedding ceremony locations and reception venues, and limitless opportunities for breathtaking mountaintop photography.
Located away from the noise and hubbub but convenient to such major cities as Richmond, Baltimore and Washington, D.C., Mountain Lake Lodge is steeped in history and where the iconic movie Dirty Dancing was filmed 35 years ago (known as "Kellerman's Mountain House" in the film).
"Couples hosting their destination wedding at Mountain Lake Lodge have it all right here," said Heidi Stone, president and CEO of Mountain Lake Lodge. "From gorgeous ceremony and reception backdrops, and exquisite on-site dining and catering, to myriad types of lodging accommodations and recreational activities for family and friends, this is the ideal place to celebrate beginnings."
One popular ceremony spot known as "The Overlook" at Bald Knob offers sweeping views of the mountain and hillside below. Other favorite venues include the resort's romantic Gazebo, and Mary's Barn, a charmingly rustic space also ideal for guest receptions. In addition, the Grand Ballroom can accommodate up to 200 guests and features an adjacent veranda for magnificent views and pre-reception cocktails.
According to Lyndsi Hale, vice president of sales, "Mountain Lake Lodge has the perfect mountaintop backdrops for dream celebrations of all sizes. Our casually elegant wedding venues feature all things nature combined with sweeping views, rustic touches and inspiration for your perfect day."
Couples may choose from the Virginia Valley, Bear Cliffs or Mountain Peak packages, priced from $117 to $200 per person. Highlights include:
- A dedicated wedding planning professional to assist throughout the entire process, rehearsal and wedding day
- Discounted wedding guestroom blocks and deluxe honeymoon suite for one or two nights
- Menu tasting for two and gourmet customized seasonal menus
- All set-ups, formal white linens and dance floor
- Cocktail hour
- Complimentary champagne toast and cake cutting
- Property-wide usage for photos
Mountain Lake Lodge has been recognized by The Knot Best of Weddings 2021, Virginia Living Top Wedding Vendors 2022, and TripAdvisor Travelers' Choice 2022. Service fees and taxes are additional; there is an onsite event fee depending on the setting.
Resort guests enjoy 22 miles of hiking and biking trails, kayaking and canoeing on the New River, and regional arts and culture. Mountain Lake Outfitters is the focal point for myriad outdoor activities and sports, while Mountain Lake Adventure Center highlights include Treetop Adventures aerial course and 3D Archery. Clays at the Overlook offers lessons for both novice and experienced shooters.
For event details and reservations, visit www.mtnlakelodge.com, call 540-626-7121, ext. 438 or email sales@mtnlakelodge.com.
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SOURCE Mountain Lake Lodge | https://www.weau.com/prnewswire/2022/11/17/saying-i-do-feeling-top-world-mountain-lake-lodge-virginias-blue-ridge-mountains/ | 2022-11-17 18:14:25 | 0 | https://www.weau.com/prnewswire/2022/11/17/saying-i-do-feeling-top-world-mountain-lake-lodge-virginias-blue-ridge-mountains/ |
CEDARHURST, N.Y., Sept. 21, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of MINISO Group Holding Limited (NYSE: MNSO), if they purchased or acquired the Company's securities pursuant and/or traceable to the Company's October 2020 initial public offering (the "IPO"). Shareholders have until October 17, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/nyse-mnso/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
https://kclasslaw.com
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SOURCE Kuznicki Law PLLC | https://www.wkyt.com/prnewswire/2022/09/22/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-miniso-group-holding-limited-mnso/ | 2022-09-22 03:33:25 | 1 | https://www.wkyt.com/prnewswire/2022/09/22/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-miniso-group-holding-limited-mnso/ |
SANTA FE, N.M. (AP) — A coalition of advocates dedicated to stemming the tide of violence and missing persons cases in Indian Country is demanding more transparency from New Mexico Gov. Michelle Lujan Grisham, saying there should be greater accountability in the system for vetting state-appointed positions that serve Indigenous communities.
About 30 protesters gathered Friday in the state Capitol rotunda to voice concerns about the Democratic governor’s contested pick to head the state’s Indian Affairs Department. They want the governor to withdraw her appointment of James Mountain, citing charges he once faced.
They were joined by legislators, including Democratic Sen. Shannon Pinto of the Navajo community of Tohatchi. The Navajo Nation president also has said he cannot support the appointment.
“For so many survivors, when we see James Mountain, we see our abusers,” said Angel Charley, executive director of the Coalition to Stop Violence Against Native Women.
She said Mountain’s appointment has overshadowed a stalled proposal in the Legislature to make crime victims’ reparations funds available to the families of missing and slain Native Americans.
“He knows how much division there is because of his nomination,” she said. “Step down.”
Lujan Grisham’s appointment has sent shockwaves through tribal communities. While the governor so far has continued to defend Mountain, she has yet to submit his nomination to the Senate for confirmation despite the legislative session ending at noon Saturday.
“I appreciate the passion. But I think that some of the efforts here are a bit unfair and are very misguided,” Lujan Grisham said Friday at a news conference.
Many in the Democratic-led Legislature have remained mum about the governor’s choice not to push for a hearing, which would offer a public forum for Mountain to be vetted.
A former San Ildefonso Pueblo governor, Mountain was once was indicted on charges that included criminal sexual penetration, kidnapping and aggravated battery of a household member. The charges were dropped in 2010, with prosecutors saying they did not have enough evidence to go to trial.
The governor has said those who disagree should respect that charges against Mountain were dismissed.
“I do think that some of that passion about a zero-tolerance standard is pretty interesting in this regard: dismissed case, old,” Lujan Grisham said. “He’s defending himself effectively. I feel terrible for his whole family.”
The coalition has said New Mexico continues to have the highest rate of missing and slain Native American relatives and that “we are at a critical turning point as an Indigenous people.”
“The pervasive culture of violence has normalized behaviors that were once unthinkable in our communities,” the coalition said in a statement. “We are reduced to speaking in hushed whispers about violence that we have not only personally experienced, but that we experience daily in our homes and communities.”
“When we have the courage to speak out, we are often met with blame and stigma, as though we have caused these problems ourselves,” the statement continued.
Aside from recalling Mountain’s appointment, the coalition is demanding a rigorous vetting process for all state-appointed positions that serve Indigenous communities and that any nominee with a court record or indictment related to rape or domestic violence be disqualified.
They also are seeking the creation of a community advisory committee to help vet state-appointed tribal leadership.
“We cannot rely solely on the All Pueblo Council of Governors, the Navajo Nation leaders, Apache leaders, and/or Indigenous male state leaders for the vetting of candidates, as we have learned over the years that tribal leaders actively participate in the patriarchal culture of protecting perpetrators,” the coalition said.
The groups also want a formal apology from Lujan Grisham “for this outrageous nomination” and demanded that an Indigenous woman be appointed as head of the New Mexico Department of Indian Affairs.
Mountain has not directly addressed the concerns about his nomination. In a letter directed at state lawmakers, his daughter, Leah Mountain, described him as a devoted father who instilled cultural identity, confidence and aspiration in her after her mother left. She said the allegations against him are false.
Mountain still can serve as head of Indian Affairs without confirmation, and the next likely opportunity for the full Senate to vote on confirming him wouldn’t come until January 2024.
___
Montoya Bryan reported from Albuquerque. | https://phl17.com/national-news/native-american-groups-blast-governor-for-agency-appointment/ | 2023-03-18 15:43:15 | 0 | https://phl17.com/national-news/native-american-groups-blast-governor-for-agency-appointment/ |
The system reduces wiring harness by 90%, allowing for more flexibility, efficiency, reliability and reduced costs in electric vehicles
DETROIT, May 23, 2022 /PRNewswire/ -- Marelli, a leading global automotive supplier, expands its range of battery management technologies for electric vehicles with a new state-of-the-art Wireless Distributed Battery Management System (wBMS). This technology eliminates the wired physical connections typically needed in other Battery Management System (BMS) architectures, allowing for greater flexibility, increased efficiency, improved reliability and reduced costs, all crucial aspects in electric vehicles. Marelli is making available the solution starting from the second quarter of 2022, to support customer launches in 2024.
The solution eliminates the need of daisy-chain communication and wiring by using wireless technology to enable the communication between batteries and control unit. Compared to previous wired distributed solutions, the new wBMS developed by the company reduces the wiring harness by 90% and simplifies the battery cell construction and installation. In particular, the wBMS reduces complexity in the assembly and grants more flexibility for battery modules placement.
The reduced weight due to connectors removal allows for more energy efficiency, thus increasing the driving range of the vehicle with the same charge. The solution also opens up room in the battery pack to allow larger batteries to fit, guaranteeing versatility, scalability, optimization; ultimately, under the right circumstances, larger batteries also translate to enhanced power performance and again extended vehicle range.
"Wireless BMS is a real game-changer for the automotive industry, eliminating the need for the battery harness, wires and connectors associated with the standard wired BMS systems" – said Dr. Razvan Panati, Head of Power Electronics Technology of Marelli's Vehicle Electrification Division – "Marelli designed both the wBMS and the Wired BMS with identical base architectures, supported by two different ways of communication and interfaces. In that way our technology can be applied across multiple vehicle platforms with minimal change. This flexibility of the solution guarantees significant reduction in engineering costs and allows Marelli to make this high-end technology affordable for the mass market."
The Marelli wBMS can be delivered with a highly sophisticated software application layer that uses advanced algorithms based on a proprietary technique so-called "Sensor Fusion". The algorithms estimate several crucial parameters of each battery cell – including State of Charge, State of Health, State of Power – to ensure a more accurate calculation of the battery overall status, and informs the other components of the powertrain accordingly.
Developing an advanced Battery Management System is a fundamental task for the Electric Vehicles design, since it is a core and smart component in the complex architecture of the EV energy management. The BMS represents the "brain" of the battery, manages the stored power and the capacity of the battery to deliver energy to the rest of the vehicle, checks and delivers information of the battery operating conditions and status, ultimately monitors, optimize and protects the battery.
In addition to this new wireless solution, Marelli already has a consolidated experience in the development of integrated and distributed BMS architectures over the years. These solutions are part of Marelli's complete portfolio of modular technologies for vehicle energy management, that include a full selection of single components, as well as subsystems, up to solutions for the complete integrated vehicle energy management system. Complemented by proven e-powertrain and thermal design competencies, the battery management capabilities contribute to Marelli's integrated approach, aimed to assure flexible and customizable solutions to control, manage and optimise the energy balance in electric vehicles.
About Marelli
MARELLI is one of the world's leading global independent suppliers to the automotive sector. With a strong and established track record in innovation and manufacturing excellence, our mission is to transform the future of mobility through working with customers and partners to create a safer, greener, and better-connected world. With around 54,000 employees worldwide, the MARELLI footprint includes 170 facilities and R&D centers across Asia, the Americas, Europe, and Africa, generating revenues of 1,380 billion JPY (10.6 billion EUR) in 2021.
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SOURCE Marelli | https://www.1011now.com/prnewswire/2022/05/23/marelli-launches-its-wireless-distributed-battery-management-system/ | 2022-05-23 15:05:56 | 0 | https://www.1011now.com/prnewswire/2022/05/23/marelli-launches-its-wireless-distributed-battery-management-system/ |
Nashville Walgreens worker shoots pregnant woman accused of shoplifting, police say
NASHVILLE, Tenn. (WSMV/Gray News) - Metro Nashville Police are investigating a shooting of a pregnant woman accused of shoplifting at an East Nashville drug store Wednesday night.
Homicide detectives are investigating the self-defense claim of a Walgreens team leader, 21-year-old Mitarius Boyd, who shot the suspected shoplifter in the store parking lot on Gallatin Avenue just before 8 p.m., according to police.
Police say the woman, 34-year-old Travonsha Ferguson, was seven months pregnant and is in critical but stable condition at Vanderbilt Medical Center.
An emergency cesarian section was performed to deliver the child, who was not injured by the gunfire and is also in critical but stable condition, according to police.
Police said their investigation shows that Boyd was told by another employee that two women were stealing items from the store. He claimed he saw the women placing items into a store cart and into a large over-the-shoulder bag.
He then began recording the women with his cell phone and followed them as they exited the store without paying for the items, according to police. Boyd said the women started putting the items into the trunk of their car, and he approached the rear side of the vehicle.
He said that one of the women sprayed him with a can of Mace, and that’s when Boyd said he pulled out his gun and began shooting.
He said he was in fear and didn’t know if they were armed, police said. The women fled the scene in their car. Boyd then went back into the store and called 911.
The other women took Ferguson to General Hospital and drove away. Ferguson had multiple gunshot wounds and was taken by ambulance to Vanderbilt Medical Center.
Police said Boyd cooperated with police, and his gun and cell phone were seized.
Once the investigation is complete, detectives will take their findings to the District Attorney’s Office for a determination as to whether Boyd will face charges.
Copyright 2023 WSMV via Gray Media Group, Inc. All rights reserved. | https://www.wafb.com/2023/04/13/nashville-walgreens-worker-shoots-pregnant-woman-accused-shoplifting-police-say/ | 2023-04-13 18:42:42 | 1 | https://www.wafb.com/2023/04/13/nashville-walgreens-worker-shoots-pregnant-woman-accused-shoplifting-police-say/ |
The second anniversary of the Jan. 6 attack has arrived just days after the House committee tasked with reviewing the Capitol riot capped its historic investigation, dropping its 800-plus-page report and releasing thousands of exhibits of raw evidence about the deadly event.
But even as the public understanding of what transpired that day has grown — with the panel highlighting the central role played by then-President Trump — observers differ on whether the committee’s work casts the anniversary in a different light.
“There’s definitely a reality of the fact that we do not have a consensus in this building, in the Capitol, of what happened that day and how meaningful that was to this country. That’s just such a shame that we can’t have a sense of shared truth,” said Rep. Andy Kim (D-N.J.), who made headlines after he stayed behind on Jan. 6, 2021, to help clean up the destruction left in the wake of the attack.
The report attempted to offer that sense of truth both to the public and to members of Congress. Its conclusion detailed a multipronged effort to keep Trump in power, one that spanned from the Justice Department to the halls of Congress to a pressure campaign on election officials across the country.
“Given the work that the committee did and we’ve now laid out to the American public, it’s very clear what happened. It wasn’t just the events of the day, which was obviously significant, but the plotting and the planning that went on extensively prior to that day to essentially overturn the U.S. government,” said Rep. Zoe Lofgren (D-Calif.), who served on the committee.
“It’s pretty profound.”
Any reflections leading up to the anniversary, already sharply divided, have been tainted by the ongoing chaos in the House, with many of the figures central in objecting to the certification of votes in 2021 — including some subpoenaed by the select committee — now emerging as key players in the Republican battle over whether Rep. Kevin McCarthy (R-Calif.) should serve as the next Speaker.
“What goes round comes round. The right-wing habits of chaos and betrayal the GOP unleashed against the American Republic on Jan. 6 are now destroying Lincoln’s party. The sedition you feed is the sedition that feeds on you,” Rep. Jamie Raskin (D-Md.), a member of the Jan. 6 committee, wrote on Twitter this week.
Even for a day many watched unfold live on television, the committee unspooled new details about Trump’s plot to remain in power, including numerous indications he knew he lost the 2020 election.
“On Jan. 6 last year, the committee hadn’t yet shared any of its findings publicly. And then, in just the span of a year, the American public has learned a tremendous amount of information about the day itself, the lead-up to it — if you compare this anniversary to the last anniversary, it’s day and night,” said Sandeep Prasanna, an attorney in private practice who previously served as an investigative counsel to the select committee.
“That makes this anniversary hit in a way that’s more serious and somber. … We’re going into this anniversary with our eyes wide open about all of the challenges that we face because of the committee’s work.”
Democrats plan to gather at the White House Friday as President Biden awards medals to various individuals who resisted efforts to contest the election results both leading up to and on Jan. 6, a group that includes election officials and law enforcement officers.
And House Democrats plan to gather in front of the Capitol in remembrance of the officers who lost their lives in the wake of the insurrection, as well as to honor those injured during the attack.
McCarthy’s office did not respond to a request for comment about any plans for the anniversary.
Still, some in the GOP also emphasized the significance of the date.
“I think we ought to be pausing on that day and not letting it just become another date on the calendar, but a date that changed America forever,” said Rep. Brian Fitzpatrick (R-Pa.).
House Republicans have also released their own rebuttal report, focusing on what they see primarily as a major security failure to protect the Capitol.
“My views haven’t really changed. I didn’t object. I don’t think Congress can overturn the will of the states,” said Rep. Mike Gallagher (R-Wis.), who on Jan. 6 posted a video asking Trump to call the riot off.
“I still think there are unanswered questions about why security was so lax around the Capitol.”
But remembrance plans and any reflection on the weight of evidence brought forward by the Jan. 6 committee have been largely overshadowed by the repeated votes held to determine the next Speaker.
“What’s really striking to me is how anticlimactic it feels,” said Quinta Jurecic, a fellow at the Brookings Institution and a senior editor at Lawfare who has been closely following the committee’s work.
“I do think that the committee was really extraordinarily effective in uncovering evidence that Trump really did know that he lost and was central in organizing the events that led up to Jan. 6, that he intended to walk to the Capitol himself — there’s a lot of new evidence in the report on that front. And so that, I think, is really notable insofar as how we’re thinking about Trump’s accountability,” Jurecic said.
“But certainly from the point of view of being in the Capitol … we’ve come a long way and yet in a certain sense, we’re back where we started.”
The committee’s work, of course, was never squarely directed at Congress, its prime-time kickoff a clear sign it hoped to reach a broad swath of the American public. The panel would later decide to hold subsequent hearings during the day, an effort to reach Fox News viewers after the network opted not to suspend its own evening programming to cover the hearings.
Still, its subpoenas to five GOP members of Congress asking about numerous meetings with Trump White House staff to coordinate plans to reject the certification of votes made clear that legislation would need to address problems within the body itself in order to prevent future insurrections.
“What we’re seeing with the continuing chaos on the House Republican side is that thank goodness we don’t have to certify the Electoral College results right now, because we couldn’t do that because we’re not even sworn in,” said Rep. Ted Lieu (D-Calif.).
“The American people have to ask themselves two years from now, would they really want a Republican majority in control with all this chaos that they’re showing? And so, I want people to think about that as well on Jan. 6.”
Some Republicans are also lamenting the hectic start to the new Congress.
“My first term started off with January 6. Now we’re starting off with this,” said Rep. Nancy Mace (R-S.C.).
“Nothing has changed. I mean, it’s still the status quo up here.”
Kim said while the report is an important public record, he’s frustrated that some colleagues appear ultimately unaffected by a day they experienced themselves.
“Frankly, every single one of us, we were here that day. Like, we all know what happened. We didn’t need a report for our own purposes to understand where culpability was and challenges there. So, it’s sad in that way that we’re at a point now where people’s understanding about Jan. 6 here on the Capitol is for many people removed from the reality and truth of what happened,” he said.
“But it’s important for the American people to have that deeper understanding. And I hope that they are not afflicted by the same kind of partisan veil that so many people here in this building are.” | https://www.qcnews.com/hill-politics/will-jan-6-anniversary-hit-differently-in-the-wake-of-house-probe/ | 2023-01-06 13:57:08 | 0 | https://www.qcnews.com/hill-politics/will-jan-6-anniversary-hit-differently-in-the-wake-of-house-probe/ |
Ranked alongside top global B2B organizations, headless commerce leader, commercetools, is recognized for its distinct role in empowering its customers' growth
DURHAM, N.C., Nov. 1, 2022 /PRNewswire/ -- commercetools, the leading provider of headless and digital commerce, today announced it has been named to Inc. Magazine's inaugural Power Partner Awards. commercetools was recognized by Inc. for the work it does to enable its customers, many of the world's most notable brands and retailers, to succeed by giving them the technology foundation needed to provide innovative and modern commerce experiences.
In its first year, the Inc. Power Partner Awards honor the businesses that help other businesses flourish.
"commercetools is dedicated to empowering businesses all over the globe to consciously and quickly adapt in this era of constant change while simultaneously creating the most innovative, exceptional experiences for their customers," said Dirk Hoerig, co-founder and CEO of commercetools. "This recognition from Inc. is a testament to the immense value we provide our customers and the overall impact of our modern commerce technology in propelling the next generation of commerce."
After collecting data from thousands of submissions, commercetools was among 252 honorees selected by Inc. Each organization that applied was assessed based on its commitment, reliability, trust, creativity, supportiveness, and other virtues that offer value to clients. Inc. also conducted surveys to gather client testimonials as part of the process.
To learn more about commercetools and how it enables brands and retailers to provide modern commerce experiences, please visit www.commercetools.com.
The inventor of headless commerce, commercetools is an innovative technology disruptor that has established itself as an industry-leading eCommerce software provider. Today, some of the world's most iconic brands and growth-focused businesses trust commercetools' powerful, flexible, scalable solutions to support their ever-evolving digital commerce needs. As the visionaries leading the modern MACH (Microservices-based, API-first, Cloud-native and Headless) architecture movement, commercetools provides customers with the agility to innovate and iterate on the fly, merge on and off-line channels, drive higher revenue, and future-proof their eCommerce business.
Based in Munich, Germany, with offices in Europe, Asia, and the United States, commercetools is singularly focused on leading a future of limitless commerce possibilities.
The world's most trusted business-media brand, Inc. offers entrepreneurs the knowledge, tools, connections, and community they need to build great companies. Its award-winning multiplatform content reaches more than 50 million people each month across a variety of channels including websites, newsletters, social media, podcasts, and print. Its prestigious Inc. 5000 list, produced every year since 1982, analyzes company data to recognize the fastest-growing privately held businesses in the United States. The global recognition that comes with inclusion in the 5000 gives the founders of the best businesses an opportunity to engage with an exclusive community of their peers, and the credibility that helps them drive sales and recruit talent. The associated Inc. 5000 Conference is part of a highly acclaimed portfolio of bespoke events produced by Inc. For more information, visit www.inc.com.
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SOURCE commercetools | https://www.ktre.com/prnewswire/2022/11/01/commercetools-named-inc-magazines-2022-power-partner-awards/ | 2022-11-01 12:01:09 | 0 | https://www.ktre.com/prnewswire/2022/11/01/commercetools-named-inc-magazines-2022-power-partner-awards/ |
Fresh Air Weekend highlights some of the best interviews and reviews from past weeks, and new program elements specially paced for weekends. Our weekend show emphasizes interviews with writers, filmmakers, actors and musicians, and often includes excerpts from live in-studio concerts. This week:
From Beyoncé to Debussy, Yannick Nézet-Séguin shares music that inspires him: What do great conductors listen to when they're not on the podium? Nézet-Séguin made a playlist, specifically for Fresh Air, of music that inspires him (plus one of his cats' favorite songs).
An Oscar-winning costume designer explains how clothes 'create a mood': In the last 30 years, Ruth E. Carter has produced some of the most iconic looks in the Black film canon and beyond. She won an Academy Award for Black Panther and is now nominated for Wakanda Forever.
You can listen to the original interviews and review here:
From Beyoncé to Debussy, Yannick Nézet-Séguin shares music that inspires him
An Oscar-winning costume designer explains how clothes 'create a mood'
Copyright 2023 Fresh Air. To see more, visit Fresh Air. | https://www.nprillinois.org/2023-02-18/fresh-air-weekend-conductor-yannick-nezet-seguin-costume-designer-ruth-e-carter | 2023-02-18 11:53:40 | 0 | https://www.nprillinois.org/2023-02-18/fresh-air-weekend-conductor-yannick-nezet-seguin-costume-designer-ruth-e-carter |
Santa Claus has landed his sleigh in Solvang.
Santa set up shop at Solvang Park and is ready to make kids' Christmas wishes come true.
Photos with Santa are free of charge. You can catch him on Saturdays from 12 to 4 p.m. and Sundays from 11 a.m. to 3 p.m.
KSBY spoke with one family who attended the event on Sunday.
"Today's the winter festival, so it's just we really enjoy all of everything that it brings," said the Cruz family.
Santa will return to the North Pole on Dec. 18. | https://www.ksby.com/news/local-news/santa-claus-has-landed-his-sleigh-in-solvang | 2022-12-05 01:20:51 | 0 | https://www.ksby.com/news/local-news/santa-claus-has-landed-his-sleigh-in-solvang |
VATICAN CITY (AP) — Pope Francis has decided to send back to Greece the three fragments of Parthenon Sculptures that the Vatican Museums have held for centuries, the Vatican announced Friday.
The Vatican termed the gesture a “donation” from the pope to His Beatitude Ieronymos II, the Orthodox Christian archbishop of Athens and all Greece, “as a concrete sign of his sincere desire to follow in the ecumenical path of truth.”
The Vatican thus becomes the latest Western state to return its fragments of the Parthenon marbles, leaving the British Museum among the holdouts.
But the Vatican statement suggested the Holy See wanted to make clear that it was not a bilateral decision to return the marbles from the Vatican state to Greece, but rather a religiously inspired donation. The statement may have been worded in order not to create a precedent that could affect other priceless holdings in the Vatican Museums.
The sculptures are remnants of a 160-meter-long (520-foot) frieze that ran around the outer walls of the Parthenon Temple on the Acropolis, dedicated to Athena, goddess of wisdom. Much was lost in a 17th-century bombardment, and about half the remaining works were removed in the early 19th century by a British diplomat, Lord Elgin.
The British Museum recently pledged not to dismantle its collection, following a report that the institution’s chairman had held secret talks with Greece’s prime minister over the return of the sculptures, also known as the Elgin Marbles.
The Parthenon was built between 447-432 B.C. and is considered the crowning work of classical architecture. The frieze depicted a procession in honor of Athena. Some small bits of it — and other Parthenon sculptures — are in other European museums. | https://who13.com/news/international-news/ap-international/ap-pope-returns-greeces-parthenon-sculptures-in-ecumenical-nod/ | 2022-12-16 13:04:55 | 1 | https://who13.com/news/international-news/ap-international/ap-pope-returns-greeces-parthenon-sculptures-in-ecumenical-nod/ |
The daughter of state Rep. Katherine Clark pleaded not guilty to charges including assaulting a police officer incurred at a protest against police over the weekend at Boston Municipal Court on Monday morning.
Riley Dowell, 23 — referred to as Jared Dowell in court documents — is facing charges of assaulting a police officer, tagging property, vandalism of a historical marker and resisting arrest.
She was released on $500 bail which was posted previous to Monday’s arraignment.
Dowell was seen spray painting the Parkman Bandstand on Boston Common with messages including “NO COP CITY” and “ACAB” with a group of protestors Saturday night.
A chaotic scene erupted when police tried to arrest Dowell. During the commotion, Dowell “flailed, striking an officer in the face,” prosecutors said at Monday’s arraignment.
Dowell was ordered to stay away from the Boston Common.
Dowell’s attorneys also asked that some personal information be redacted in light of “extremist online commentary” and “veiled threats.”
Dowell will return for a pre-trial hearing April 19.
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NEW ORLEANS (AP) — Jonathan Cisse had 18 points in Incarnate Word's 78-70 win over New Orleans on Saturday.
Cisse added three steals for the Cardinals (11-13, 5-6 Southland Conference). Trey Miller scored 16 points while shooting 5 of 6 from the field and 6 for 7 from the line, and added five assists. Josh Morgan hit three 3-pointers and scored 11.
Tyson Jackson scored 16 points to lead the Privateers (6-16, 3-8), who have lost seven straight. Marquez Cooper added nine points and Daniel Sackey scored eight.
NEXT UP
Both teams play again on Thursday. Incarnate Word hosts Lamar and New Orleans travels to play Nicholls.
___
The Associated Press created this story using technology provided by Data Skrive and data from Sportradar. | https://www.expressnews.com/sports/article/cisse-scores-18-incarnate-word-defeats-new-17764367.php | 2023-02-05 02:13:26 | 0 | https://www.expressnews.com/sports/article/cisse-scores-18-incarnate-word-defeats-new-17764367.php |
MANCHESTER, England (AP)Marcus Rashford, Mason Mount and Nick Pope have withdrawn from the England squad for the Euro 2024 qualifiers against Italy and Ukraine, the Football Association said Monday.
Manchester United forward Rashford suffered a knock during the 3-1 win against Fulham in the FA Cup on Sunday.
Mount is recovering from a pelvic injury and the FA said Pope was hurt after Newcastle’s 2-1 win against Nottingham Forest on Friday.
Tottenham goalkeeper Fraser Forster has been called up as a replacement for Pope, but no other players have been added to Gareth Southgate’s squad.
England plays European champions Italy in Naples on Thursday and Ukraine at Wembley on Sunday in the Three Lions’ first games since the World Cup.
The squad met at England’s St. George’s Park training headquarters on Monday, with 23 players reporting for duty.
—
James Robson is at https://twitter.com/jamesalanrobson
—
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP-Sports | https://www.kxnet.com/scoreboard/man-united-forward-rashford-pulls-out-of-england-squad/ | 2023-03-21 12:59:29 | 1 | https://www.kxnet.com/scoreboard/man-united-forward-rashford-pulls-out-of-england-squad/ |
- UNLIMEAT was selected among the 10 winners of the plant-based product contest hosted by Carrefour.
- Over 250 teams from 50 countries around the world participated, with the winning brands having an opportunity to sell in Carrefour stores around the world.
LOS ANGELES, June 14, 2022 /PRNewswire/ -- UNLIMEAT, the pioneering plant-based alternative meat brand from Korea, was selected as one of the 10 winning brands in the Plant-based Contest hosted by Carrefour, the globally renowned French distributor of food and other sundries.
This event was organized as part of Carrefour's vision to create opportunities for innovative startups to enter the global market and to introduce more plant-based products to its customers. More than 250 brands from over 50 countries entered the contest. Among them, 15 teams were selected as finalists, who were then judged in Paris, France on June 9th. Brands directly showcased and pitched their story and products to Carrefour Group CEO Alexandre Bompard, CSR Director Nicolas Dher, and other Carrefour executives, along with investors, media, and other influencers in the plant-based industry.
Carrefour selected 10 of the finalists as winners. The winning brands include La Vie, a French brand that developed plant-based bacon, LAPP, a vegan ice cream brand, Vly, a plant-based milk made from peas, and Väcka, a Spanish startup that makes aged vegan cheese among other products. UNLIMEAT was the only Asian brand selected as a winner.
UNLIMEAT is a Korean food startup that creates products using upcycled ingredients, such as skimmed soybean powder extracted from soybean oil and rice bran from milling brown rice. A Carrefour official remarked, "UNLIMEAT received high marks for practicing a virtuous cycle that supports a healthy ecosystem. The fact that it has its own factory and has product scalability is also one of the reasons why it received a positive evaluation. We hope to be able to see wonderful products from this startup in Carrefour stores around the world soon."
Most alternative meat brands have similar product lines, such as burger patties, sausages, and chicken nuggets. UNLIMEAT, however, offers highly differentiated products, such as 'Plant-based Korean BBQ', a versatile plant-based meat that can be grilled the same way meat can be and can be used in a wide variety of dishes depending on the sauce used. Pulled barbecue is another unique and popular UNLIMEAT product and is sold in various flavors with different seasonings, such as Korean BBQ and Texas BBQ. UNLIMEAT also sells plant-based meat dumplings. Their dumplings contain about 30% plant-based meat, giving them a texture similar to real meat dumplings, unlike vegan dumplings sold in most grocery stores.
The brand's plant-based jerky also uses proprietary extrusion technology to create texture just like that of real meat. UNLIMEAT's plant-based jerky was popular enough that it sold out within a month of launching. UNLIMEAT recently launched a campaign to bring their plant-based jerky to the USA on Kickstarter, an American representative crowdfunding platform, achieving its target funding goal within 3 hours of launch, and subsequently achieving more than 470% of its target funding within a week.
Carrefour is a large French distribution chain with over 13,000 stores in more than 30 countries around the world. The 10 winning brands in this contest will have various opportunities, such as collaborating with the Carrefour team and displaying their products in stores in one or more of the nine countries where Carrefour directly manages its operations, such as France, Belgium, Spain, Italy, Brazil, and Taiwan.
###
For more information, contact: Jei Oh yj.oh@unlimeat.com
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SOURCE UNLIMEAT | https://www.kold.com/prnewswire/2022/06/14/unlimeat-receives-award-plant-based-contest-held-by-carrefour/ | 2022-06-14 19:23:54 | 1 | https://www.kold.com/prnewswire/2022/06/14/unlimeat-receives-award-plant-based-contest-held-by-carrefour/ |
School bus driver praised for helping 23 students off burning bus
THERMAL, Calif. (KESQ) - A California school bus driver is being credited with helping to get nearly two dozen students off a burning bus.
A burned-out shell of a school bus is all that’s left after a fast-moving fire Friday morning. Coachella Valley Unified School District officials credit the bus driver – and training – for keeping the 23 students on board safe.
“It just speaks to the priority of our students’ safety, and our drivers are trained to make sure that they are able to respond to these types of situations,” said Veronica Zepeda, the school district’s budget director.
According to Zepeda, the school bus driver saw smoke from the rear of the bus about 8:40 a.m. as she headed to Toro Canyon Middle School. She pulled the bus over and called dispatch to report the smoke. Soon after, she called and said there were flames, and she evacuated the students.
“The driver is very shaken up. We made sure that she knew that she did an amazing job. Nobody was hurt,” Zepeda said.
District officials say all the students on the bus made it to school safely.
“They were greeted with a breakfast from their school site, and they had access to our social-emotional therapy staff on site if they needed it,” Zepeda said.
Cal Fire says the bus driver was evaluated but refused any further treatment.
“We want to thank her actions. She acted swiftly, and because of her actions, she was able to think quickly and swiftly,” said Gustavo Paiz, the school district’s director of safety and security.
District officials say all their bus drivers receive a minimum of 10 hours of training annually. Bus evacuation drills that include students take place in October.
The cause of the bus fire is still under investigation.
Copyright 2023 KESQ via CNN Newsource. All rights reserved. | https://www.kttc.com/2023/04/02/school-bus-driver-praised-helping-23-students-off-burning-bus/ | 2023-04-02 08:11:07 | 1 | https://www.kttc.com/2023/04/02/school-bus-driver-praised-helping-23-students-off-burning-bus/ |
Northern Michiganders visibly soften when they think of their first-picked strawberry; juicy, sun-warm and complexly sweet. Sure, we love our first wild leeks and morels, but a binge in the berry patch promises an altered state of consciousness.
That’s why it is so frustrating to see berries deteriorate as soon as they enter the kitchen. It’s a race to use them before the tender fruits soften and mold. Mold spores are everywhere and they germinate very quickly on the thin-skinned surfaces of moist fruits, infiltrating the smallest skin fissures or gaps.
Food scientist Harold McGee has a solution: Immerse them in hot water. That’s right, hot water. Though it may sound counter-intuitive (and a “recipe” for jam), a dip in hot tap water suppresses mold growth on berries, vegetables, grapes and stone fruit without harming the produce. This process, also known as heat shocking, lowers enzyme production that causes browning, wilting and softening, much like blanching produce in boiling water. It will lengthen the shelf life of produce.
Is it madness to think that tender berries can survive a bath in water hot enough to scorch your fingers? Short bursts of heat will not harm produce; prolonged heat will. Intense sunlight can sometimes raise the temperature of tomatoes, berries and other produce; if the heat is long-lasting, produce suffers.
Water temperature and immersion time are key: the hotter the water the less time necessary. Lettuce needs one to two minutes at 122°F depending on its hardiness. Thirty seconds to one minute in 140°F water works well for most hard-skinned produce like citrus, asparagus, green beans, broccoli and cauliflower, melons, apples and stone fruits.
Arm yourself with a thermometer and a large pot. Fill the pot two-thirds full with hot tap water. Check the temperature. Add enough cold water to bring the temperature to 125°F. Submerge strawberries, raspberries or blackberries for 30 seconds. Blueberries can take 140°F water for 30 seconds. Scoop out, drain and spread berries on paper toweling to dry. (Optional: a brief immersion in cold water before draining and drying chills berries quickly.) Refrigerate berries when dry.
If you don’t cotton to the idea of soaking your berries in hot water, vinegar also destroys harmful bacteria. Soak berries briefly (1 to 2 minutes) in a solution of one-part white vinegar and three parts water. Rinse, drain, pat berries dry and spread on a clean paper towel. Refrigerate.
Now you have at least 5 days to over a week to keep your shocked berries without loss or decay. Prepare to enter a state of pure, juicy berry bliss.
Fluffy Shortcake with Strawberries and Cream
— Adapted from “The Joy of Cooking”
About six large biscuits
1-3/4 C. all-purpose flour
1/2 t. salt
1 T. sugar
1 T. baking powder
6 T. (3 oz.) unsalted cold butter, cut up
3/4 to 1 C. (more as needed) heavy cream or whole milk
Strawberries and whipped cream
Preheat oven to 400°. Line a sheet pan with parchment paper.
Mix dry ingredients together in a bowl or food processor. Cut in butter with a pastry cutter or in food processor with short bursts. Pour mixture into a bowl if using a food processor.
Stir in cream (or milk) lightly with a fork until dry ingredients are evenly moistened. The lesser amount will produce dough that can be rolled and cut. The larger amount of cream will produce a drop biscuit.
To roll the dough, turn onto a lightly floured counter and knead gently and quickly, making eight to 10 folds. Roll out with a rolling pin to desired thickness, and cut out with round cutters dipped in flour. Place on sheet pan. For drop biscuits, drop dough by spoonfuls onto sheet pan, evenly spaced. Bake shortcakes until they begin to color, about 20 to 30 minutes.
Serve biscuits warm, split in half with loads of sliced and sweetened berries and whipped cream.
Fresh Strawberry Cake
Simple and delicious, this crowd-pleaser cake is one you’ll repeat. Some cooks have substituted ½ C. stevia powder for sugar and full-fat coconut milk for milk. For gluten-free use Bob’s Red Mills 1:1 GF flour. You may halve the sugar if desired.
— Adapted from “Martha Stewart Living” and Karen Tannenbaum
Yields one 9-inch cake, 8 to 10 servings
1½ C. all-purpose flour, spooned into measuring cup and leveled-off
1½ t. baking powder
½ t. salt
6 T. unsalted butter, softened, plus more for greasing the pan
1 C. plus 2 T. sugar, divided
1 large egg
1 t. vanilla extract
½ C. milk (low fat is fine)
About ¾ to 1 lb. strawberries, hulled and halved
Preheat oven to 350°F. Butter a 9-inch deep dish pie pan, 9-inch springform pan or 9-inch round cake pan. Line the springform or cake pan with parchment and butter it. In a medium bowl, whisk together flour, baking powder and salt. Set aside.
In the bowl of an electric mixer, beat butter and 1 cup sugar until pale and fluffy, about 3 minutes. Add egg and vanilla and beat on low speed until well combined. Gradually spoon in flour mixture, alternating with milk, and beat on low speed until smooth. Batter will be thick.
Transfer batter to prepared pan and smooth with a spatula. Arrange strawberries on top, cut side down, so that they completely cover batter. Use more or less of available strawberries as necessary. Sprinkle remaining 2 tablespoons sugar over berries.
Bake cake 10 minutes, then reduce heat to 325°F and bake until cake is lightly golden and a tester comes out clean, about an hour. Cool cake in the pan on a rack. Serve with sweetened whipped cream or vanilla ice cream, if desired. Cake can be stored at room temperature for several days, loosely covered.
Cake may be frozen up to 3 months. After it is completely cooled, cover tightly with aluminum foil or freezer wrap. Thaw overnight on the countertop before serving. | https://www.record-eagle.com/news/food/the-global-chef-extend-the-life-of-your-berry-bounty/article_d947bcb6-16b0-11ee-bfba-ab873fb6de4f.html | 2023-07-01 14:21:23 | 1 | https://www.record-eagle.com/news/food/the-global-chef-extend-the-life-of-your-berry-bounty/article_d947bcb6-16b0-11ee-bfba-ab873fb6de4f.html |
Home insurance is becoming more expensive and increasingly difficult to get in states that are on the front lines of climate change. And some of the potential solutions aren't politically popular.
Copyright 2023 NPR
Home insurance is becoming more expensive and increasingly difficult to get in states that are on the front lines of climate change. And some of the potential solutions aren't politically popular.
Copyright 2023 NPR | https://www.wdiy.org/2023-07-24/climate-change-is-making-it-more-difficult-for-americans-to-get-home-insurance | 2023-07-24 12:19:31 | 1 | https://www.wdiy.org/2023-07-24/climate-change-is-making-it-more-difficult-for-americans-to-get-home-insurance |
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IMAGE Studios® Ranks No. 238 on the 2022 Inc. 5000 Annual List, Among America's Fastest-Growing Private Companies
SALT LAKE CITY, Aug. 26, 2022 /PRNewswire/ -- Today, Inc. revealed that IMAGE Studios® is No. 238 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment— independent businesses.
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
"IMAGE has experienced transformative growth and brand evolution in the last few years. The Inc. 5000 list is just the tip of the iceberg, as we close in on our 200th location mark, we are poised to continue the surge we've been creating industry wide. We are a unique real estate investment opportunity, taking salon suites to a whole new level as we expand our footprint nationwide," says Jason Olsen, Founder and CEO of IMAGE Studios®.
Taylor Lamont, COO of IMAGE Studios® stated, "I love seeing our team's accomplishments recognized and celebrated - ranking 238 out of the 5000 fastest-growing companies in America is an incredible honor. The exponential growth we've achieved is a testament to the infrastructure, support, and experience we offer. Over the last decade, thousands of small business owners have started their journey with us and IMAGE Studios® continues to be a leader in salon suites."
There are currently 190 IMAGE Studios® Salon Suites in development throughout the US and this number increases month over month. IMAGE Studios® is an exclusive salon suite that creates modern, high-end salon suites at affordable rates for salon professionals – this makes it possible for salon professionals to easily launch their new business and become successful entrepreneurs. IMAGE Studios® provides this unique opportunity by bringing together like-minded professionals under one roof, along with the guidance of mentors who are invested in the success of their business owners.
Media Contact - noah@imagestudios360.com
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SOURCE Image Studios | https://www.wymt.com/prnewswire/2022/08/26/is-image-studios-salon-suites-leading-surge-beauty-industry/ | 2022-08-26 12:32:59 | 1 | https://www.wymt.com/prnewswire/2022/08/26/is-image-studios-salon-suites-leading-surge-beauty-industry/ |
WFO MIDLAND/ODESSA Warnings, Watches and Advisories for Wednesday, June 1, 2022
_____
SPECIAL WEATHER STATEMENT
Special Weather Statement
National Weather Service Midland/Odessa TX
512 PM CDT Wed Jun 1 2022
...A strong thunderstorm will impact portions of northwestern Andrews
and southwestern Gaines Counties through 600 PM CDT...
At 512 PM CDT, Doppler radar was tracking a strong thunderstorm 15
miles southwest of Gaines County Airport, or 17 miles southwest of
Seminole, moving east at 20 mph.
HAZARD...Wind gusts of 50 to 55 mph and nickel size hail.
SOURCE...Radar indicated.
IMPACT...Gusty winds could knock down tree limbs and blow around
unsecured objects. Minor damage to outdoor objects is
possible.
Locations impacted include...
Seminole, Gaines County Airport, Florey and Paynes Corner.
PRECAUTIONARY/PREPAREDNESS ACTIONS...
If outdoors, consider seeking shelter inside a building.
A Severe Thunderstorm Watch remains in effect until 1000 PM CDT for
western Texas.
LAT...LON 3241 10296 3268 10305 3282 10259 3235 10251
TIME...MOT...LOC 2212Z 253DEG 18KT 3253 10286
MAX HAIL SIZE...0.88 IN
MAX WIND GUST...55 MPH
...THE SEVERE THUNDERSTORM WARNING FOR NORTHWESTERN WARD AND SOUTHERN
LOVING COUNTIES IS CANCELLED...
The severe thunderstorm which prompted the warning has moved out of
the warned area. Therefore, the warning has been cancelled.
western and southwestern Texas.
...A SEVERE THUNDERSTORM WARNING REMAINS IN EFFECT UNTIL 600 PM CDT
FOR CENTRAL REEVES COUNTY...
At 513 PM CDT, a severe thunderstorm was located 8 miles south of
Mentone, moving south at 10 mph.
HAZARD...Tennis ball size hail and 70 mph wind gusts.
IMPACT...People and animals outdoors will be injured. Expect hail
damage to roofs, siding, windows, and vehicles. Expect
considerable tree damage. Wind damage is also likely to
mobile homes, roofs, and outbuildings.
This severe thunderstorm will remain over mainly rural areas of
central Reeves County.
For your protection move to an interior room on the lowest floor of a
building.
...A SEVERE THUNDERSTORM WARNING REMAINS IN EFFECT UNTIL 530 PM CDT
At 515 PM CDT, a severe thunderstorm was located 8 miles west of
Pecos, moving northeast at 20 mph.
HAZARD...60 mph wind gusts and half dollar size hail.
IMPACT...Hail damage to vehicles is expected. Expect wind damage to
roofs, siding, and trees.
Pecos and Pecos Municipal Airport.
This includes Interstate 20 between mile markers 28 and 44.
_____
Copyright 2022 AccuWeather | https://www.seattlepi.com/weather/article/TX-WFO-MIDLAND-ODESSA-Warnings-Watches-and-17213402.php | 2022-06-01 23:46:21 | 1 | https://www.seattlepi.com/weather/article/TX-WFO-MIDLAND-ODESSA-Warnings-Watches-and-17213402.php |
Regardless of the sport, evaluations are a never-ending process for high school coaches.
Whether it’s talent or participation or inventory or facilities, taking stock of progress is always happening.
One analytical group known as Fizz Rankings has a means of evaluating where Texas high school football teams stand among the other teams in their own UIL classification, as well as with every team in the state, and it does so in five-year increments.
The computer analysis bases its rankings on three categories: program, tradition and coaching, giving each up to four stars.
The program element is seemingly based on won-loss record, tradition adds weight from a historical standpoint and coaching appears to be about the stability of the leadership. Every year, the group tracks the status of football programs over the previous five years in what it calls “five-year dynasties.”
Only one Temple-area program is ranked in the top 10 of its respective classification and in the state’s top 100. It’s one that might not be the first to come to mind to area fans outside the confines of that community, but it makes sense once its consistent success the last five seasons and beyond is considered.
Holland quietly built a model of consistency for area schools in that time frame. The Hornets get four stars from the ranking group for program, three stars for tradition and another four for coaching. Holland ranked No. 9 among Class 2A Division I programs and came in at No. 68 among the top 100 for all statewide programs, moving up 32 notches from last year’s No. 100 spot. The Hornets have an overall power ranking of 85 (don’t ask me how that’s derived).
Since 2017, the Hornets are 52-12. They are better than anyone else around based solely on that. In four of the five seasons from 2017 to 2021 the Hornets posted double-digit victories and the fifth, 2020, they won nine. The 2019 team ran off 13 straight victories before bowing to eventual state champion Refugio in the Region IV title game. It marked the most victories and the most games a Hornets team had ever played. The 2A-I programs ranked ahead of Holland include Refugio, Shiner, Stratford, Mason, Hawley, Crawford, Post and New Deal.
The upcoming campaign marks the 100th non-consecutive season of Hornets football. (Holland fielded a team that played one game in 1913 but restarted in 1924 and has played every year since).
The Hornets have had some fine teams sprinkled throughout their history, most notably the 1958 undefeated Class B regional champions at 12-0 under Larry Baggett. Four years later, the Bill Venner-coached Hornets went 10-2 and made national news by ending Pflugerville’s 55-game winning streak in a bi-district playoff at Taylor. That was the last playoff victory the Hornets could savor until 2015. The all-time program record is 422-485-34.
That brings us to coaching, and the Hornets’ most successful coach, Brad Talbert, is preparing for his 11th year at the helm. Only Jerry Decker’s 12 seasons from 1982-93 are longer and Talbert’s 86 victories are easily the most.
Talbert, a long-time assistant at several places, points to the men he’s worked under and gleaned from who have been an inspiration into where Holland is today. Names such as Art Briles, Bob McQueen, Mark Bell and Rodney Southern all have been attached to state titles and impacted Talbert’s career.
“I was part of their process,” Talbert said. “I got to learn from good programs and process that information.”
Talbert carried that wealth of knowledge and applied it to Holland in 2012 for a program that hadn’t had a winning season since 1998. The Hornets immediately became more competitive in his first five years before becoming consistently very good the last five.
“We’ve had a lot of good players in the last five years,” the China Spring native said. “Things in Holland have improved. As a program it’s really good from the parents to the administration to the school board.”
That support has provided stability for Talbert and his staff. It’s been a few years since he’s had to hire a new coach, a rarity at the 2A level.
Talbert didn’t come in with a specific philosophy by which every Hornets team has had to abide. That’s often unreasonable at a small school with limited numbers of athletes.
“I’ll change the offense,” he said. “I’ve learned that you do what your kids can do.”
No matter how you rank them, the Hornets have been living their best lives the last five years. | https://www.tdtnews.com/sports/article_644e74c2-20de-11ed-80e3-8b1edd676a39.html | 2022-08-21 07:10:42 | 0 | https://www.tdtnews.com/sports/article_644e74c2-20de-11ed-80e3-8b1edd676a39.html |
BEIJING (AP) — A state-owned Chinese commercial jet manufacturer set up to try to compete with Boeing and Airbus says it has secured orders for 300 of its first long-range jetliners from Chinese leasing companies.
Orders for the single-aisle C919 were announced Thursday by Commercial Aircraft Corp. of China during the Zhuhai air show in southern China. COMAC also announced 30 orders for its shorter-range ARJ21 jet.
COMAC was established in 2008 as part of government efforts to transform China into a creator of profitable technologies and reduce reliance on foreign products.
The C919, which is meant to compete with the Airbus A320 and Boeing 737, has a layout of 158 to 168 seats and a range of 4,075 to 5,555 kilometers (2,530 to 3,450 miles), according to the manufacturer. The plane made its first flight in May 2017.
The latest buyers include leasing units of Bank of China Ltd., Industrial and Commercial Bank of China Ltd. and China Construction Bank Ltd.
Before Thursday’s sales announcement, COMAC said it had received 815 orders for the C919 from 28 customers. Most are Chinese, but COMAC also has announced orders from GE Capital Aviation Services and Thailand’s City Airways. | https://cw33.com/business/ap-business/ap-chinese-maker-announces-300-orders-for-new-jetliner/ | 2022-11-09 12:12:43 | 0 | https://cw33.com/business/ap-business/ap-chinese-maker-announces-300-orders-for-new-jetliner/ |
(NerdWallet) – Cancellation is the most popular proposal to address student loan debt, but it isn’t the only one out there. With the interest-free student loan payment pause in its third year, some wonder if 0% interest on student loans is a better answer.
“I think this COVID pause has really illustrated — hopefully for policymakers but definitely for consumers — that the interest is what’s really killing people,” says Betsy Mayotte, president and founder of The Institute of Student Loan Advisors.
She’s talked to many borrowers who say they wouldn’t turn down forgiveness but would much rather have a cut in the interest rate.
The Biden administration is expected to announce $10,000 in cancellation to federal student loan borrowers earning less than $150,000 for individuals and $300,000 for couples. This aligns with the president’s campaign promises but falls short of what some experts think is necessary.
Lodriguez Murray, United Negro College Fund senior vice president for public policy and government affairs, encourages “the administration to go bigger and bolder.”
“When there is a way you can reset the course of history for certain populations, you should,” Murray says.
Tomas Campos, CEO and co-founder of debt optimization software Spinwheel, thinks 0% student loan interest could be a realistic solution. Student loan debt “impacts half of American households. They may not be in debt themselves, but they see their loved ones struggling with it,” says Campos.
According to a recent NPR poll, the majority of the general public supports partial student loan relief, but that support decreases with higher amounts of cancellation.
Here’s how eliminating student loan interest could work based on two existing proposals aimed at borrowers with problematic long-term debt.
Two plans for 0% interest
LOAN Act
Last summer, U.S. Sen. Marco Rubio, R-Florida, reintroduced the Leveraging Opportunities for Americans Now Act. This act, first introduced in May 2019, calls for the government to disburse all federal student loans at 0% interest and replaces interest charges with a one-time origination fee.
Under the LOAN Act, undergraduate student loans would carry a 20% origination fee, and PLUS loans would carry 35%. These fees would be added to the total principal amount and paid back over the life of the loan.
Borrowers would automatically be placed in an income-driven repayment plan but would have the option to select the standard 10-year repayment plan. Those who repay their loan early would be refunded some of the origination fee.
If a student borrows $27,000 in federal loans at the 2022-23 interest rate of 4.99%, their payment would be about $286 a month for 10 years, with $34,349 repaid in total. With a 20% origination fee and no interest, that borrower would have $270 monthly payments with a $32,400 total repayment.
Low-income borrowers who enter an income-driven repayment plan would benefit most. According to a NerdWallet analysis, a borrower with $27,000 in debt and a starting annual salary of $30,000 would pay nearly $42,000 by the time income-driven repayment forgiveness kicked in. With the Rubio proposal, that borrower may pay about $9,600 less.
Zero-Percent Student Loan Refinancing Act
Rep. Joe Courtney, D-Connecticut, introduced the Zero-Percent Student Loan Refinancing Act in 2021. Sen. Sheldon Whitehouse, D-Rhode Island, introduced a version of the bill to the Senate earlier this year.
The Zero-Percent Student Loan Refinancing Act would automatically refinance all loans under the federal Direct Loan program to 0% interest. It would also give borrowers with Federal Family Education Loans, Perkins loans and Public Health Service Act loans the option to refinance to 0% interest.
Borrowers with private student loan debt would be eligible for the 0% refinance, too, according to email statements from Meaghan McCabe, a senior communications advisor with Whitehouse’s office
This proposal was introduced to help student loan borrowers recover from pandemic-induced financial strain and mounting interest totals that have the potential to exceed the original principal loan balance. The proposal would allow borrowers to refinance at 0% through 2024.
Borrowers would be eligible to refinance anytime during the open window of the program, even if they are still in school, according to McCabe. Under this proposal, a student who refinanced immediately and had $27,000 in debt at 4.99% interest would save about $7,349 over a 10-year term.
What can you do now?
The existing proposals are a long way from coming to a vote in either house of Congress, and there isn’t even consensus on whether 0% is the ultimate answer to the student debt crisis.
Interest-free student loans “can be coupled with other actions, really, but it’s not enough to make a real difference,” says Murray.
Mayotte says a reduced interest rate, maybe 1%, across student loans may be a better solution, as borrowers may not take 0% debt seriously. She also believes student loans with reduced interest rates have a better chance of garnering bipartisan support in a divided Congress.
Meanwhile, federal student loans are scheduled to return to repayment in September, and that means interest charges will also resume.
Borrowers should plan for repayment. If you think you’ll struggle, contact your servicer to discuss your options, such as reduced payments or halting payments altogether through forbearance. No matter how you proceed, however, interest charges will continue adding up.
As for interest-free or reduced-interest student loans, Mayotte urges borrowers to make their voices heard. She says, “I think if more consumers start writing their members of Congress asking for that, we might get some more attention and more legs to it.” | https://www.kark.com/news/national-news/are-0-interest-student-loans-better-than-10000-cancellation/ | 2022-07-17 14:39:05 | 1 | https://www.kark.com/news/national-news/are-0-interest-student-loans-better-than-10000-cancellation/ |
Through their partnership, Paper Mate® has helped AdoptAClassroom.org equip 20,000 teachers and more than 500,000 students with the supplies they need to succeed in their schools
ATLANTA, April 24, 2023 /PRNewswire/ -- Paper Mate®, a #1 Teacher Choice brand and part of the Newell Brands global portfolio of brands, today announced its partnership with actor and children's book author, Max Greenfield, alongside its non-profit partner, AdoptAClassroom.org, to kick off the brand's Thanks to Teachers initiative. In honor of Teacher Appreciation Week (May 8-12), Paper Mate is thanking teachers for everything they do for their students by donating $1 for every Paper Mate product purchase to teachers in need.1
"With teachers spending an average $750 out-of-pocket each year to ensure their students have the tools they need to thrive in school2, we recognize the financial challenges teachers face," said Gina Lazaro, Vice President, Brand Management, Learning & Development at Newell Brands. "At Paper Mate, we want to help ease this financial burden by providing funding for teachers across the country to use toward stocking their classrooms with the supplies their students need for the school year, and we're excited to do that with our Thanks to Teachers initiative."
To kick off the program, Paper Mate and Greenfield visited the Accelerated Charter Elementary School (ACES), a high-need school in the greater Los Angeles area, to announce Paper Mate's $20,000 donation to the school. These funds will be distributed evenly among the school's teachers during Teacher Appreciation Week, so they can purchase school supplies via their AdoptAClassroom.org account.
"When Paper Mate reached out and explained what they were doing, I jumped at the opportunity to be a part of this initiative," says Greenfield. "Teacher Appreciation Week should be every week, but it's a good reminder to everyone how much our teachers do, how important they are and how much they give to our children. To be able to designate a week when we can express the gratitude we have for our teachers is really important."
After presenting the school with the donation and an exclusive reading of his book, I Don't Want to Read This Book, Greenfield shared his gratitude for educators by visiting each classroom and working one-on-one with students to write thank you notes to their teachers and delivering custom gift bags full of Paper Mate's #1 Teacher Choice school supplies, including Paper Mate Flair Pens, InkJoy Gel Pens, Clearpoint Mechanical Pencils, and more to get them started on fulfilling their classroom needs.
Greenfield has always had a deep appreciation for teachers, finding an even stronger sense of gratitude during the COVID-19 pandemic when he attempted to homeschool his daughter. During this time, he experienced firsthand some of the challenges of being an educator, making him a natural partner for this initiative. Max Greenfield and Paper Mate are encouraging everyone to thank their teachers, past and present, for their hard work and dedication, and encourage the use of the hashtag #ThankstoTeachers when sharing on social media.
To make an impact, Paper Mate will be donating a total of $100,000 to teachers across the United States who will be able to access the funds through their AdoptAClassroom.org account. Paper Mate invites consumers to join their efforts when shopping for teachers this Teacher Appreciation Week, noting the Paper Mate Flair Pen, available at major retailers, including Amazon, Walmart, Target and Staples, is beloved by teachers and students alike, and for a limited time, counts toward the $1 donation from Paper Mate sales helping to drive this campaign forward.1
To learn more about Paper Mate's partnership with Max Greenfield, AdoptAClassroom.org, their donations and the brand's commitment to teachers, visit papermate.com or follow Paper Mate's social channels.
About Paper Mate®
For more than 75 years, Paper Mate has been a leader in the world of writing instruments, providing progressive, performance-driven pens, pencils and correction products. Today, with its recognizable two hearts logo, Paper Mate boasts a wide range of products to help create meaningful connections through writing. Paper Mate is part of the Newell Brands global portfolio of leading brands.
About Newell Brands
Newell Brands (NASDAQ: NWL) is a leading global consumer goods company with a strong portfolio of well-known brands, including Rubbermaid, Sharpie, Graco, Coleman, Rubbermaid Commercial Products, Yankee Candle, Paper Mate, FoodSaver, Dymo, EXPO, Elmer's, Oster, NUK, Spontex and Campingaz. Newell Brands' beloved, planet friendly brands enhance and brighten consumers lives at home and outside by creating moments of joy, building confidence and providing peace of mind.
This press release and additional information about Newell Brands are available on the company's website, www.newellbrands.com.
About AdoptAClassroom.org
AdoptAClassroom.org believes every child deserves the tools and materials they need to learn and succeed in school. The national, tech-based nonprofit connects donors and sponsors with PreK-12 teachers and schools to help equip more classrooms and students with school supplies. Since 1998, AdoptAClassroom.org has raised $57 million and supported more than 5.8 million students across the U.S. The 501(c)(3) holds the highest 4-star rating from Charity Navigator and the highest transparency rating offered by GuideStar. For more information, or to make a donation, please visit www.adoptaclassroom.org.
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Published: Aug. 8, 2022 at 4:05 PM EDT|Updated: 19 minutes ago
- Outstanding Business Volume of $24.5 Billion -
WASHINGTON, Aug. 8, 2022 /PRNewswire/ -- The Federal Agricultural Mortgage Corporation (Farmer Mac; NYSE: AGM and AGM.A), the nation's secondary market provider that increases the availability and affordability of credit for the benefit of rural America, today announced its results for the fiscal quarter ended June 30, 2022.
Second Quarter 2022 Highlights
Added $1.9 billion of gross business volume, resulting in net growth of $236.0 million
Net interest income grew $14.3 million year-over-year to $69.4 million
Net effective spread1 increased 8% from the prior-year period to $60.9 million
Net income attributable to common stockholders of $39.1 million compared to $25.4 million in second quarter 2021
Core earnings1 grew 3% year-over-year to $30.7 million, or $2.83 per diluted common share
90-day delinquencies were 0.08% across the entire $24.5 billion portfolio as of June 30, 2022
"Farmer Mac delivered another quarter of strong results, generating record core earnings and demonstrating the consistency of our fundamental business model as we continue to successfully execute against our multi-year growth plan," said President & Chief Executive Officer, Brad Nordholm. "These results are again noteworthy given the current economic and market backdrop, where inflationary pressures have created heightened uncertainty across credit markets and high volatility across a broad range of prices, including key agricultural commodities. Our continued strong credit quality, solid capital position, and growing execution capability has enabled Farmer Mac to consistently deliver on our mission to bring even greater efficiencies, and lower costs, in providing financing to lenders for the benefit of their farm and ranch, agribusiness, and rural infrastructure customers. We remain confident in our ability to navigate the current environment and make the necessary investments in our infrastructure to pursue strategic growth opportunities."
_______________ 1 Non-GAAP Measure
Second Quarter 2022 Results
Spreads
Net interest income for second quarter 2022 was $69.4 million, a $14.3 million increase compared to $55.1 million in the prior-year period, primarily due to a $7.8 million increase in the fair value of designated financial derivatives, a $4.3 million increase from net new business volume, and a $2.5 million decrease in funding costs. Net interest yield was 1.09% in second quarter 2022 compared to 0.94% in the prior-year period.
Net effective spread, a non-GAAP measure, for second quarter 2022 was $60.9 million, a $4.4 million increase from $56.6 million in the prior-year period. The $4.4 million year-over-year increase in net effective spread was primarily due to a $4.8 million increase from net new business volume, a $0.9 million increase in net coupon yields related to the acquisition of loan servicing rights, and a $0.4 million increase in cash-basis interest income. These factors were partially offset by a $1.4 million increase in non-GAAP funding costs. In percentage terms, net effective spread was 0.99% in second quarter 2022, compared to 1.01% in the prior-year period.
Earnings
Farmer Mac's net income attributable to common stockholders for second quarter 2022 was $39.1 million ($3.60 per diluted common share), compared to $25.4 million ($2.35 per diluted common share) in the prior-year period. The $13.7 million year-over-year increase in net income attributable to common stockholders was due to a $11.3 million after-tax increase in net interest income, a $5.1 million after-tax increase in the fair value of undesignated financial derivatives, and an increase in our release of credit losses of $0.4 million after tax. These factors were partially offset by a $2.5 million after-tax increase in operating expenses and a $0.9 million increase in preferred stock dividends.
Farmer Mac enters into financial derivatives transactions to hedge interest rate risks inherent in its business and carries its financial derivatives at fair value in its consolidated financial statements. The fair value fluctuations of these financial derivatives are not expected to have a cumulative net impact on Farmer Mac's financial condition or results of operations reported with GAAP if the derivatives are held to maturity, as is expected. Therefore, Farmer Mac uses core earnings, a non-GAAP measure that excludes the effects of fair value fluctuations, as a useful alternative measure to understand the business.
Farmer Mac's core earnings for second quarter 2022 were $30.7 million ($2.83 per diluted common share), compared to $30.0 million ($2.77 per diluted common share) in second quarter 2021. The $0.8 million year-over-year increase in core earnings was due to a $3.5 million after-tax increase in net effective spread and an increase in our release of credit losses of $0.4 million after tax. These factors were partially offset by a $2.5 million after-tax increase in operating expenses and a $0.9 million increase in preferred stock dividends.
Business Volume
Farmer Mac's outstanding business volume was $24.5 billion as of June 30, 2022, a net increase of $0.2 billion from March 31, 2022 after taking into account all new business, maturities, sales, and paydowns on existing assets. The net increase was primarily attributable to net increases of $193.0 million in the Rural Infrastructure Finance line of business and $43.0 million in the Agricultural Finance line of business.
The $16.4 million net increase in Farm & Ranch during second quarter 2022 resulted from $1.4 billion of new purchases, commitments, and guarantees, mostly offset by $1.4 billion of scheduled maturities and repayments. Farmer Mac purchased a total of $432.6 million in loans, which was primarily driven by improved borrower economics as well as a competitive, albeit an increasing interest rate environment resulting in demand for intermediate and long-term financing solutions. The $432.6 million in gross Farm & Ranch loan purchases was partially offset by $153.8 million in scheduled maturities and repayments.
Farmer Mac also purchased a total of $0.8 billion in Farm & Ranch AgVantage Securities during second quarter 2022, which primarily reflected the refinancing of maturing securities as well as financial counterparties seeking to add longer term AgVantage securities to manage their asset-liability maturity profile given recent increases in credit spreads and interest rates. The $0.8 billion in gross purchases was more than offset by $1.0 billion in scheduled maturities. Approximately $0.3 billion of the total $0.8 billion in gross purchases reflected purchases that refinanced maturing AgVantage securities and were issued at short-term tenors, which may create some volatility in AgVantage volumes throughout the year.
The $26.6 million net increase in Corporate AgFinance during second quarter 2022 resulted from $107.9 million of new loan purchases, which was offset by $81.4 million of scheduled maturities, repayments, and sales. Farmer Mac purchased a total of $85.4 million in loans, which was offset by $44.3 million in scheduled maturities, repayments, and sales. This net increase in loans was primarily due to Farmer Mac's continued focus to support loans to larger and more complex agribusinesses focused on food and fiber processing, and other supply chain production.
The $165.6 million net increase in Rural Utilities during second quarter 2022 resulted from $326.9 million of new purchases, commitments, and guarantees, which was partially offset by $161.3 million of scheduled maturities and repayments. Farmer Mac purchased a total of $196.5 million in Rural Utilities loans; electric distribution and generation and transmission comprised $161.5 million and telecommunication comprised $35.0 million, which was fueled by a competitive but increasing interest rate environment resulting in demand for long-term financing solutions for planned maintenance and capital expenditures. The $196.5 million in loan purchases was partially offset by $24.4 million in scheduled maturities and repayments.
The $27.4 million net increase in Renewable Energy during second quarter 2022 primarily reflects $35.3 million in loan purchases, partially offset by $7.9 million in repayments.
Credit
As of June 30, 2022, the total allowance for losses was $14.8 million, compared to $16.3 million as of March 31, 2022. The $1.5 million release from the total allowance for losses in second quarter 2022 was comprised of a $1.2 million release from the Rural Infrastructure Finance portfolio and a $0.3 million release from the allowance for the Agricultural Finance portfolio. The $1.2 million release from the allowance for the Rural Infrastructure portfolio was primarily attributable to updated credit loss model forecast assumptions and improvements in risk ratings. The $0.3 million release from the allowance for the Agricultural Finance mortgage loan portfolio was primarily due to a risk rating upgrade on an AgVantage counterparty.
As of June 30, 2022, Farmer Mac's 90-day delinquencies were $20.6 million (0.20% of the Agricultural Finance Mortgage Loan portfolio), compared to $63.1 million (0.70% of the Agricultural Finance Mortgage Loan portfolio) as of June 30, 2021. Across all of Farmer Mac's lines of business, 90-day delinquencies represented 0.08% of total outstanding business volume as of June 30, 2022, compared to 0.28% as of June 30, 2021.
Capital
As of June 30, 2022, Farmer Mac's core capital level was $1.3 billion, $506.3 million above the minimum capital level required by the company's statutory charter. Farmer Mac's Tier 1 capital ratio was 14.7% as of June 30, 2022.
Earnings Conference Call Information
The conference call to discuss Farmer Mac's second quarter 2022 financial results will be held beginning at 4:30 p.m. eastern time on Monday, August 8, 2022, and can be accessed by telephone or live webcast as follows:
When dialing in to the call, please ask for the "Farmer Mac Earnings Conference Call." The call can be heard live and will also be available for replay on Farmer Mac's website for two weeks following the conclusion of the call.
More complete information about Farmer Mac's performance for second quarter 2022 is in Farmer Mac's Quarterly Report on Form 10-Q for the quarter ended June 30, 2022 filed today with the SEC.
Use of Non-GAAP Measures
In the accompanying analysis of its financial information, Farmer Mac uses the following non-GAAP measures: "core earnings," "core earnings per share," and "net effective spread." Farmer Mac uses these non-GAAP measures to measure corporate economic performance and develop financial plans because, in management's view, they are useful alternative measures in understanding Farmer Mac's economic performance, transaction economics, and business trends. The non-GAAP financial measures that Farmer Mac uses may not be comparable to similarly labeled non-GAAP financial measures disclosed by other companies. Farmer Mac's disclosure of these non-GAAP measures is intended to be supplemental in nature and is not meant to be considered in isolation from, as a substitute for, or as more important than, the related financial information prepared in accordance with GAAP.
Core earnings and core earnings per share principally differ from net income attributable to common stockholders and earnings per common share, respectively, by excluding the effects of fair value fluctuations. These fluctuations are not expected to have a cumulative net impact on Farmer Mac's financial condition or results of operations reported in accordance with GAAP if the related financial instruments are held to maturity, as is expected.
Core earnings and core earnings per share also differ from net income attributable to common stockholders and earnings per common share, respectively, by excluding specified infrequent or unusual transactions that Farmer Mac believes are not indicative of future operating results and that may not reflect the trends and economic financial performance of Farmer Mac's core business. For example, we have excluded from core earnings losses on retirement of preferred stock and the re-measurement of the deferred tax asset.
Farmer Mac uses net effective spread to measure the net spread Farmer Mac earns between its interest-earning assets and the related net funding costs of these assets. Net effective spread differs from net interest income and net interest yield because it excludes: (1) the amortization of premiums and discounts on assets consolidated at fair value that are amortized as adjustments to yield in interest income over the contractual or estimated remaining lives of the underlying assets; (2) interest income and interest expense related to consolidated trusts with beneficial interests owned by third parties, which are presented on Farmer Mac's consolidated balance sheets as "Loans held for investment in consolidated trusts, at amortized cost"; and (3) the fair value changes of financial derivatives and the corresponding assets or liabilities designated in a fair value hedge accounting relationship.
Net effective spread also principally differs from net interest income and net interest yield because it includes: (1) the accrual of income and expense related to the contractual amounts due on financial derivatives that are not designated in hedge accounting relationships ("undesignated financial derivatives"); and (2) the net effects of terminations or net settlements on financial derivatives. More information about Farmer Mac's use of non-GAAP measures is available in "Management's Discussion and Analysis of Financial Condition and Results of Operations—Results of Operations" in Farmer Mac's Annual Report on Form 10-K for the year ended December 31, 2021, filed February 28, 2022 with the SEC.
For a reconciliation of Farmer Mac's net income attributable to common stockholders to core earnings and of earnings per common share to core earnings per share, and net interest income and net interest yield to net effective spread, see "Reconciliations" below.
Forward-Looking Statements
Management's expectations for Farmer Mac's future necessarily involve assumptions and estimates and the evaluation of risks and uncertainties. Various factors or events, both known and unknown, could cause Farmer Mac's actual results to differ materially from the expectations as expressed or implied by the forward-looking statements in this release, including uncertainties about:
the availability to Farmer Mac of debt and equity financing and, if available, the reasonableness of rates and terms;
legislative or regulatory developments that could affect Farmer Mac, its sources of business, or agricultural or rural infrastructure industries;
fluctuations in the fair value of assets held by Farmer Mac and its subsidiaries;
the level of lender interest in Farmer Mac's products and the secondary market provided by Farmer Mac;
the general rate of growth in agricultural mortgage and rural utilities indebtedness;
the effect of economic conditions and geopolitics on agricultural mortgage or rural utilities lending, borrower repayment capacity, or collateral values, including fluctuations in interest rates, changes in U.S. trade policies, fluctuations in export demand for U.S. agricultural products, supply chain disruptions, increases in input costs, labor availability, volatility in commodity prices, and the effects of the conflict between Russia and Ukraine;
the degree to which Farmer Mac is exposed to interest rate risk resulting from fluctuations in Farmer Mac's borrowing costs relative to market indexes;
developments in the financial markets, including possible investor, analyst, and rating agency reactions to events involving government-sponsored enterprises, including Farmer Mac;
the effects of the Federal Reserve's efforts to achieve monetary policy normalization and slow inflation;
other factors that could hinder agricultural mortgage lending or borrower repayment capacity, including the effects of severe weather and drought, climate change, or fluctuations in agricultural real estate values; and
the duration, mitigation efforts, spread, severity, and social and economic disruption of the ongoing COVID-19 pandemic and its effects on the business operations of agricultural and rural borrowers, the capital markets, and Farmer Mac's business operations.
Other risk factors are discussed in "Risk Factors" in Part I, Item 1A in Farmer Mac's Annual Report on Form 10-K for the year ended December 31, 2021, as filed with the SEC on February 28, 2022. Considering these potential risks and uncertainties, no undue reliance should be placed on any forward-looking statements expressed in this release. The forward-looking statements contained in this release represent management's expectations as of the date of this release. Farmer Mac undertakes no obligation to release publicly the results of revisions to any forward-looking statements included in this release to reflect new information or any future events or circumstances, except as otherwise required by applicable law. The information in this release is not necessarily indicative of future results.
About Farmer Mac
Farmer Mac is a vital part of the agricultural credit markets and was created to increase access to and reduce the cost of credit for the benefit of American agricultural and rural communities. As the nation's secondary market for agricultural credit, we provide financial solutions to a broad spectrum of the agricultural community, including agricultural lenders, agribusinesses, and other institutions that can benefit from access to flexible, low-cost financing and risk management tools. Farmer Mac's customers benefit from our low cost of funds, low overhead costs, and high operational efficiency. More information about Farmer Mac (including the Annual Report on Form 10-K referenced above) is available on Farmer Mac's website at www.farmermac.com.
* * * *
Reconciliations
Reconciliations of Farmer Mac's net income attributable to common stockholders to core earnings and core earnings per share are presented in the following tables along with information about the composition of core earnings for the periods indicated:
The following table presents a reconciliation of net interest income and net yield to net effective spread for the periods indicated:
The following table presents core earnings for Farmer Mac's reportable operating segments and a reconciliation to consolidated net income for the three months ended June 30, 2022:
Supplemental Information
The following table sets forth information about outstanding volume in each of Farmer Mac's lines of business as of the dates indicated:
The following table presents the quarterly net effective spread (a non-GAAP measure) by segment:
The following table presents quarterly core earnings reconciled to net income attributable to common stockholders:
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wcjb.com/prnewswire/2022/08/08/farmer-mac-reports-second-quarter-2022-results/ | 2022-08-08 20:24:39 | 0 | https://www.wcjb.com/prnewswire/2022/08/08/farmer-mac-reports-second-quarter-2022-results/ |
Ari Shapiro has been one of the hosts of All Things Considered, NPR's award-winning afternoon newsmagazine, since 2015. During his first two years on the program, listenership to All Things Considered grew at an unprecedented rate, with more people tuning in during a typical quarter-hour than any other program on the radio. | https://www.iowapublicradio.org/news-from-npr/news-from-npr/2023-05-17/what-to-know-about-the-federal-appeals-court-hearing-on-mifepristone | 2023-05-17 22:24:53 | 0 | https://www.iowapublicradio.org/news-from-npr/news-from-npr/2023-05-17/what-to-know-about-the-federal-appeals-court-hearing-on-mifepristone |
LONDON, July 26, 2022 /PRNewswire/ -- Display shipments for applications featuring near-eye displays are expected to reach 25.3 million units in 2022, up 73.8% year-over-year (YoY), before reaching 139 million units in 2028, based on Omdia's latest Near Eye Display for XR Application Report - 2022.
Omdia sees three main influencers behind this growth. Firstly, sales of XR (including AR, VR and MR) end devices are growing due to increasing gaming, industrial, medical and commercial demand; secondly, brands are preferring to adopt a dual-display design to replace the original single-display design and improving users' visual experiences and thirdly, the well-established ecosystem from brands like Metaverse, Apple and their multiple device screen strategy.
Omdia expects revenue growth to peak in 2023 primarily because more brands are expected to adopt OLED on silicon (OLEDoS) for near-eye devices in 2023 with higher unit prices.
VR displays can be either single- or dual-display. The requirements for VR displays include higher resolution to achieve higher pixels per degree (PPD) and a lower screen-door effect.
Kimi Lin, Senior Research Analyst, said: "Popular TFT LCD and AMOLED displays used for smartphones are also applicable to VR devices. The VR display supply chain is mature because popular TFT-based LCD or AMOLED displays are widely used and panel makers are already established, including Japan Display Inc. (JDI), Sharp Corp., Samsung Display, AUO, BOE Technology, Innolux Corp., China Star, and Sony. Presently, more brands are increasingly trying to use OLEDoS for VR applications to enable better visual effects."
OLEDoS can be used for both VR and AR applications and provide better visual performance than AMOLED and LTPS LCD displays in VR applications. Companies like Kopin, eMagin and Sony are leading the industry while OLEDoS has attracted the attention of and investment from many Chinese companies such as BOE, SeeYa, Olightek, and Sidtek with the up to the end of 2021 total investment has been $4.5 billion.
About Omdia:
Omdia is a leading research and advisory group focused on the technology industry. With clients operating in over 120 countries, Omdia provides market-critical data, analysis, advice, and custom consulting.
Contact:
Fasiha Khan / T: +44 7503 666806 / E: fasiha.khan@omdia.com
Visit Omdia
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WASHINGTON (AP) — Ukrainian President Volodymyr Zelenskyy’s dismissal of senior officials is casting an inconvenient light on an issue that the Biden administration has largely ignored since the outbreak of war with Russia: Ukraine’s history of rampant corruption and shaky governance.
As it presses ahead with providing tens of billions of dollars in military, economic and direct financial support aid to Ukraine and encourages its allies to do the same, the Biden administration is now once again grappling with longstanding worries about Ukraine’s suitability as a recipient of massive infusions of American aid.
Those issues, which date back decades and were not an insignificant part of former President Donald Trump’s first impeachment, had been largely pushed to the back burner in the immediate run-up to Russia’s invasion and during the first months of the conflict as the U.S. and its partners rallied to Ukraine’s defense.
But Zelenskyy’s weekend firings of his top prosecutor, intelligence chief and other senior officials have resurfaced those concerns and may have inadvertently given fresh attention to allegations of high-level corruption in Kyiv made by one outspoken U.S. lawmaker.
It's a delicate issue for the Biden administration. With billions in aid flowing to Ukraine, the White House continues to make the case for supporting Zelenskyy's government to an American public increasingly focused on domestic issues like high gas prices and inflation. High-profile supporters of Ukraine in both parties also want to avoid a backlash that could make it more difficult to pass future aid packages.
U.S. officials are quick to say that Zelenskyy is well within his right to appoint whomever he wants to senior positions, including the prosecutor general, and remove anyone who he sees as collaborating with Russia.
Yet even as Russian troops were massing near the Ukrainian border last fall, the Biden administration was pushing Zelenskyy to do more to act on corruption — a perennial U.S. demand going back to Ukraine’s early days of independence.
“In all of our relationships, and including in this relationship, we invest not in personalities; we invest in institutions, and, of course, President Zelenskyy has spoken to his rationale for making these personnel shifts,” State Department spokesman Ned Price told reporters on Monday.
Price declined to comment further on Zelenskyy’s reasoning for the dismissals or address the specifics but said there was no question that Russia has been trying to interfere in Ukraine.
“Moscow has long sought to subvert, to destabilize the Ukrainian government,” Price said. “Ever since Ukraine chose the path of democracy and a Western orientation this has been something that Moscow has sought to subvert.”
Still, in October and then again in December 2021, as the U.S. and others were warning of the increasing potential for a Russian invasion, the Biden administration was calling out Zelenskyy’s government for inaction on corruption that had little or nothing to do with Russia.
“The EU and the US are greatly disappointed by unexplained and unjustifiable delays in the selection of the Head of the Specialized Anti-Corruption Prosecutor Office, a crucial body in the fight against high-level corruption,” the U.S. Embassy in Kyiv said on Oct. 9.
“We urge the selection commission to resume its work without further delays. Failure to move forward in the selection process undermines the work of anti-corruption agencies, established by Ukraine and its international partners," it said. That special prosecutor was finally chosen in late December but was never actually appointed to the position. Although there are indications the appointment will happen soon, the dismissal of the prosecutor general could complicate the matter.
The administration and high-profile lawmakers have avoided public criticism of Ukraine since Russia invaded in February. The U.S. has ramped up the weapons and intelligence it's providing to Ukraine despite early concerns about Russia's penetration of the Ukrainian government and existing concerns about corruption.
A Ukrainian-born congresswoman who came to prominence early in the war recently broke that unofficial silence.
Rep. Victoria Spartz, a first-term Republican from Indiana, has made half a dozen visits to Ukraine since the war began. And she was invited to the White House in May and received a pen used by President Joe Biden to sign an aid package for Ukraine even after she angrily criticized Biden for not doing more to help.
But in recent weeks, Spartz has accused Zelenskyy of “playing politics” and alleged his top aide Andriy Yermak had sabotaged Ukraine’s defense against Russia.
She's also repeatedly called on Ukraine to name the anti-corruption prosecutor, blaming Yermak for the delay.
Ukrainian officials have hit back. A statement from Ukraine’s Foreign Ministry accused Spartz of spreading “Russian propaganda” and warned her to “stop trying to earn extra political capital on baseless speculation.”
U.S. officials gave Spartz a two-hour classified briefing on Friday in hopes of addressing her concerns and encouraging her to limit her public criticism. She declined to discuss the briefing afterward but told The Associated Press that "healthy dialogue and deliberation is good for Congress.”
“We’re not here to please people," she said. "It’s good to deliberate.”
Hours later, Spartz gave a Ukrainian-language interview broadcast on YouTube in which she called again for the appointment of an independent prosecutor.
“This issue should be resolved as soon as possible,” she said in the interview. “This is a huge problem for the West, so I think your president should address this issue soon.”
Rep. Jason Crow, a Colorado Democrat who sits on the House Armed Services and Intelligence committees, said he had seen no evidence to support allegations that Zelenskyy's inner circle was trying to help Russia. But as the war continues, part of the long-term American strategy in Ukraine will have to include addressing waste and mismanagement of resources, he said.
“There is no war in the history of the world that is immune from corruption and people trying to take advantage of it,” Crow said. “If there are concerns raised, we will address them.”
Igor Novikov, a Kyiv-based former adviser to Zelenskyy, called many of Spartz’s claims a mix of “hearsay and urban legends and myths.” Allegations against Yermak in particular have circulated for years going back to his interactions with Trump allies who sought derogatory information against Biden’s son Hunter.
“Given that we’re in a state of war, we need to give President Zelenskyy and his team the benefit of the doubt,” Novikov said. “Until we win this war, we have to trust the president who stayed and fought with the people.” | https://www.ourmidland.com/news/article/Ukraine-graft-concerns-resurface-as-Russia-war-17316307.php | 2022-07-20 05:58:43 | 1 | https://www.ourmidland.com/news/article/Ukraine-graft-concerns-resurface-as-Russia-war-17316307.php |
MEMPHIS, Tenn. (AP) — A fourth person wanted in the slaying of rapper Young Dolph turned himself in on Friday, Memphis police said.
Jermarcus Johnson was wanted on a charge of conspiracy to commit first-degree murder, police said on the agency’s Facebook page. Police did not provide any additional details about Johnson or his alleged role in the case.
Three others were arrested previously, including Hernandez Govan, who appeared briefly in Shelby County Criminal Court on Thursday and pleaded not guilty to charges including first-degree murder and conspiracy to commit first-degree murder. Govan’s next hearing is Dec. 16.
Govan’s court appearance was a year to the day after Young Dolph was ambushed and shot to death while buying cookies at a bakery in his hometown of Memphis. Young Dolph, whose real name was Adolph Thornton Jr.. was 36.
Justin Johnson and Cornelius Smith Jr. have pleaded not guilty to first-degree murder and other charges in the shooting and are jailed without bond. They are scheduled to appear in court on Jan. 20.
Young Dolph was admired for charitable works in Memphis. He organized Thanksgiving turkey giveaways, donated thousands of dollars to high schools, and paid rent and covered funeral costs for people in the Castalia Heights neighborhood where he was raised.
His work as a rapper, producer and owner of the independent label “Paper Route Empire” took him away from Memphis, but the father of two had returned to the city days before his killing to visit a sick relative and organize a turkey giveaway that took place without him.
After Young Dolph’s death, a section of a street near his boyhood home was renamed for him. | https://www.wdtn.com/entertainment-news/ap-entertainment/ap-4th-person-surrenders-in-slaying-of-rapper-young-dolph/ | 2022-11-19 20:00:13 | 0 | https://www.wdtn.com/entertainment-news/ap-entertainment/ap-4th-person-surrenders-in-slaying-of-rapper-young-dolph/ |
IRVINE, California (AP) — President Joe Biden is highlighting his administration’s efforts to lower prescription drug costs on Friday as part of his three-state Western tour this week, as he confronts a sobering inflation report in the waning weeks before midterm elections.
Biden visited a community college in Irvine, California, to meet with older adults and tout his administration's efforts to reduce inflation and drive down costs. The trip comes on the heels of an announcement that millions of Social Security recipients will get an 8.7% boost in their benefits in 2023, a historic increase but a gain that will be eaten up in part by the rising cost of everyday living.
Biden said that still, seniors “are going to get ahead of inflation next year. For the first time in 10 years Social Security checks are going to go up while Medicare premiums go down."
“It’s a big deal for seniors,” he added.
Despite the president's efforts, inflation is rising, and Republicans are capitalizing on higher prices, seeing openings in California and elsewhere to potentially pick up U.S. House seats. The president will also travel to Oregon before heading back East as the usually Democratic-leaning governor's race closes with an independent splitting votes.
Consumer prices, excluding volatile food and energy costs, jumped 6.6% in September from a year ago — the fastest pace in four decades. And on a month-to-month basis, such “core” prices soared 0.6% for a second straight time, defying expectations for a slowdown and signaling that the Fed’s multiple rate hikes have yet to ease inflation pressures. Core prices typically provide a clearer picture of underlying price trends.
Biden acknowledged the issue on Thursday, saying that “Americans are squeezed by the cost of living. It’s been true for years, and folks don’t need a report to tell them they’re being squeezed.”
He also returned to a metaphor he used often during his first year in office, talking about issues that Americans talk about around the “kitchen table," touting his administration's efforts to lower costs even as inflation rises.
“From prescription drugs, to health insurance, to energy bills, and so much more,” he said. “We’re standing up for working people and their right to get a raise and get a better job.”
Biden also signed an executive order that will direct the U.S. Department of Health and Human Services to look for additional ways to lower drug costs.
The Inflation Reduction Act signed into law earlier this year already requires that Medicare begin bargaining over the price of a handful of drugs starting next year. The agency is fine-tuning how that process will work, hiring new employees for a drug pricing division and is expected to pick the first 10 drugs that will be negotiated in 2023.
The new law will lower drug costs for the 49 million people on Medicare in a number of other ways that have been less controversial. It makes vaccines free, caps monthly out-of-pocket insulin costs at $35, and limits out-of-pocket drug expenses at $2,000 starting in 2025.
“We took on big pharma and we beat them, finally," Biden said, but called on Congress to go even further to bring insulin prices down for all Americans, not just those on Medicare.
“Imagine being a parent, imagine not having enough insurance, not being able to afford it, and looking at your son and daughter and know if they can’t get the insulin they could be permanently scarred" and die, Biden added.
Any additional proposals to curb the cost of drug prices are likely to be met with resistance.
That newly-acquired power to negotiate drug prices is controversial, with the powerful pharmaceutical industry lobbying against the rule and considering legal actions to prevent its implementation. Republicans have already proposed legislation that would strip Medicare’s negotiation ability before the haggling has even begun.
Starting next year, drug companies will also have to pay penalties to Medicare if they raise the cost of their products at a rate that outpaces inflation.
Biden also used the opportunity to provide a boost to Democratic Rep. Katie Porter, who is facing a close re-election fight this year. He praised the lawmaker as a “fighter," adding that, “No drug company wants to testify in congress before Katie.”
Biden added, “she is incredible at what she does.”
___
Associated Press writers Zeke Miller and Amanda Seitz contributed to this report from Washington.
Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. | https://www.mynews13.com/fl/orlando/ap-online/2022/10/14/biden-pushing-lower-prescription-drug-costs-in-midterm-press | 2022-10-15 00:53:29 | 0 | https://www.mynews13.com/fl/orlando/ap-online/2022/10/14/biden-pushing-lower-prescription-drug-costs-in-midterm-press |
Milliman Integrate recognized as "Cloud Technology Solution of the Year"
SEATTLE, June 16, 2023 /PRNewswire/ -- Milliman, Inc., the premier global consulting and actuarial firm, is pleased to announce the firm has won the InsuranceERM Americas Awards 2023 for its transformative cloud-based actuarial modeling and reporting platform, Milliman Integrate®.
InsuranceERM judges recognize the best risk management, actuarial and risk modeling practices, and leading service and technology providers in the Americas.
Milliman won an InsuranceERM award earlier this year for Integrate's capabilities helping insurers meet the Bermuda Monetary Authority's (BMA) regulatory reporting regime. This latest award is further testament to the unmatched innovation and maturity of our cloud solutions.
Milliman has been delivering innovative insurance technology solutions to solve the complex problems that actuaries and risk managers grapple with daily for more than 30 years. Integrate was the first actuarial platform in the cloud and delivers a unique blend of customizable technology paired with real-world subject matter expertise and 24/7 operational support. The comprehensive solution brings together capabilities and scale, while giving actuaries access to tools that integrate data, calculations, reporting, data exploration and visualization, workflow, governance, and more.
Stephen Conwill, a Milliman principal and global practice director for Life and Financial Services said, "Milliman is proud to be recognized for the breadth and depth of its actuarial, risk management and technology expertise."
To learn more, visit: https://integrate.milliman.com/en/
About Milliman
Milliman is among the world's largest providers of actuarial, risk management, and technology solutions. Our consulting and advanced analytics capabilities encompass healthcare, property & casualty insurance, life insurance and financial services, and employee benefits. Founded in 1947, Milliman is an independent firm with offices in major cities around the globe. Visit us at milliman.com.
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SOURCE Milliman, Inc. | https://www.kmvt.com/prnewswire/2023/06/16/milliman-wins-insuranceerm-americas-award-its-comprehensive-saas-actuarial-modeling-reporting-solution/ | 2023-06-16 17:33:37 | 1 | https://www.kmvt.com/prnewswire/2023/06/16/milliman-wins-insuranceerm-americas-award-its-comprehensive-saas-actuarial-modeling-reporting-solution/ |
The Farmers Market Pavilion and Plaza
Location: Eugene
Size: 8,515 square feet
Cost: $9 million
Start: June 2021
Completion: June 2022
Owner/Developer: City of Eugene
Main Tenant: Lane County Farmers Market
Architect: Cameron McCarthy Gilbert, FFA Architecture + Interiors
Engineer: Mazzetti, PAE
General Contractor: Lease Crutcher Lewis
Submitting Company: Lease Crutcher Lewis
Subcontractors: Advance Cabinet Designs, Bell Hardware of Eugene, Colors NW, Delta Construction, DR Johnson Wood Innovations, ES&A Sign & Awning Co., Hermanson Co., Jet Industries, Lacey Glass, McKenzie Glass, Mid-Valley Commercial Construction, Overhead Door Co. of Eugene-Springfield, Primo Construction, Richey Wrecking, Rubenstein’s Contract Carpet, Smith Sheet Metal, Snyder Roofing of Oregon, SteelFab Oregon, Superior Electric & Construction, Third Generation Paint
The Farmers Market Pavilion and Plaza has breathed new life back into the downtown core of Eugene and will help encourage economic growth for the quaint, yet vibrant community for many years to come. The ‘town square’ concept utilizes the downtown park blocks and creates a permanent home for both the Lane County Farmers Market and Eugene Saturday Market. To ensure the project incorporated the community’s vision, there were nearly 10,000 people that provided feedback through surveys, attendance at stakeholder and public events, and via email and social outreach. The goal was to create a pavilion that was inclusive yet unique to Eugene, where people could feel a sense of community and belonging.
Inspired by the simplicity of greenhouses, the design utilizes polycarbonate and glass facades that light up the building at night. There is a large market hall indoors, along with a demonstration kitchen, storage, and all-user restrooms. There are large glass roll-up doors, and the pavilion interior was crafted with a mass timber wood structure composed of cross-laminated timber (CLT) fabricated by local, family-owned business DR Johnson.
Colored concrete, carefully crafted in a mosaic pattern, along with native trees strategically placed throughout, brings an artsy warmth to the space. To ensure ADA accessibility and walkability, the team used a Silva Cell system beneath the trees so the tree roots can expand below grade. In addition, the plaza features a demonstration pollinator garden, lush with native plant species that attract bees.
The site originally held a parking garage demolished before construction could begin. The demolition contractor crushed all concrete from the parking garage and reused it on-site. This amount of concrete provided the base fill for the project site. The team partnered with BRING, one of the nation’s oldest non-profit building recyclers, who took material that couldn’t be reused on-site, such as pavers and cyclone fencing, to resell for builders in need. | https://djcoregon.com/news/2023/06/01/arts-culture-entertainment-1st-place/ | 2023-06-02 13:40:41 | 1 | https://djcoregon.com/news/2023/06/01/arts-culture-entertainment-1st-place/ |
- Meeting adjourned to October 19, 2022, at 9:00 a.m., Eastern Time
- Soligenix encourages all stockholders of record at the close of business on July 25, 2022 who have not yet voted, to vote by 11:59 p.m., Eastern Time on October 18, 2022
PRINCETON, N.J., Sept. 23, 2022 /PRNewswire/ -- Soligenix, Inc. (Nasdaq: SNGX) (Soligenix or the Company), a late-stage biopharmaceutical company focused on developing and commercializing products to treat rare diseases where there is an unmet medical need, announced today that its 2022 Annual Meeting of Stockholders (the "Annual Meeting") scheduled for and convened on September 22, 2022 has been partially adjourned for the purpose of soliciting additional votes with respect to Proposal 2, the approval of an amendment to the Company's Second Amended and Restated Certificate of Incorporation to increase the number of authorized shares of common stock from 75,000,000 to 125,000,000, as set forth in the Company's definitive proxy statement for the Annual Meeting filed with the Securities and Exchange Commission on August 5, 2022 (the "Proxy Statement").
A quorum was present at the Annual Meeting, and Proposals One (the election of five directors), Three (the approval of the amendment to the 2015 Equity Incentive Plan), Four (the advisory vote on executive compensation), and Five (the ratification of the appointment of EisnerAmper LLP), set forth in the Proxy Statement, received the requisite votes for approval.
The Annual Meeting will be reconvened solely with respect to Proposal 2 on October 19, 2022 at 9:00 a.m. Eastern Time and will continue to be held virtually via live audio-only webcast at www.virtualshareholdermeeting.com/sngx2022.
The record date for determination of stockholders entitled to vote at the reconvened Annual Meeting remains the close of business on July 25, 2022. Any proxies previously submitted by such holders with respect to Proposal 2 will continue to be counted. Such holders need not submit a new proxy for their votes to be counted. Such holders may revoke their proxies as set forth in the Proxy Statement.
Stockholders as of close of business on July 25, 2022, the record date for the Annual Meeting, who have not yet voted are encouraged to vote as soon as possible via the Internet at www.proxyvote.com (have proxy card available). Stockholders who need assistance voting or have questions may contact the Company's proxy solicitation firm, Alliance Advisors, LLC, at 1-833-782-7145 or SNGX@allianceadvisors.com.
The Company's Board of Directors believes that the proposed increase in the number of shares available for issuance under the Certificate of Incorporation is critical to continue to operate the business efficiently. As the Company remains on track to file the new drug application for HyBryte™ in the fourth quarter and continues to build towards a commercial launch of HyBryte™ in the U.S., the use of equity awards in the form of stock options as a component of employee compensation will be important to attract quality personnel that give the Company the highest probability of continued success.
Important Information
This material may be deemed to be solicitation material in respect of the Annual Meeting to be reconvened and held on October 19, 2022. In connection with the Annual Meeting, the Company filed a definitive proxy statement with the SEC on August 5, 2022. BEFORE MAKING ANY VOTING DECISIONS, STOCKHOLDERS ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC, BECAUSE THEY CONTAIN IMPORTANT INFORMATION ABOUT THE ANNUAL MEETING. The definitive proxy statement was made available to shareholders who are entitled to vote at the Annual Meeting. No changes have been made in the proposals to be voted on by stockholders at the Annual Meeting. The Company's proxy statement and any other materials filed by the Company with the SEC can be obtained free of charge at the SEC's website at sec.gov or the Company's website https://ir.soligenix.com/sec-filings.
About Soligenix, Inc.
Soligenix is a late-stage biopharmaceutical company focused on developing and commercializing products to treat rare diseases where there is an unmet medical need. Our Specialized BioTherapeutics business segment is developing and moving toward potential commercialization of HyBryte™ (SGX301 or synthetic hypericin) as a novel photodynamic therapy utilizing safe visible light for the treatment of cutaneous T-cell lymphoma (CTCL). With a successful Phase 3 study completed, regulatory approval is being sought and commercialization activities for this product candidate are being advanced initially in the U.S. Development programs in this business segment also include expansion of synthetic hypericin (SGX302) into psoriasis, our first-in-class innate defense regulator (IDR) technology, dusquetide (SGX942) for the treatment of inflammatory diseases, including oral mucositis in head and neck cancer, and proprietary formulations of oral beclomethasone 17,21-dipropionate (BDP) for the prevention/treatment of gastrointestinal (GI) disorders characterized by severe inflammation including pediatric Crohn's disease (SGX203).
Our Public Health Solutions business segment includes active development programs for RiVax®, our ricin toxin vaccine candidate, and SGX943, our therapeutic candidate for antibiotic resistant and emerging infectious disease, and our vaccine programs targeting filoviruses (such as Marburg and Ebola) and CiVax™, our vaccine candidate for the prevention of COVID-19 (caused by SARS-CoV-2). The development of our vaccine programs incorporates the use of our proprietary heat stabilization platform technology, known as ThermoVax®. To date, this business segment has been supported with government grant and contract funding from the National Institute of Allergy and Infectious Diseases (NIAID), the Defense Threat Reduction Agency (DTRA) and the Biomedical Advanced Research and Development Authority (BARDA).
For further information regarding Soligenix, Inc., please visit the Company's website at https://www.soligenix.com and follow us on LinkedIn and Twitter at @Soligenix_Inc
This press release may contain forward-looking statements that reflect Soligenix, Inc.'s current expectations about its future results, performance, prospects and opportunities, including but not limited to, potential market sizes, patient populations and clinical trial enrollment. Statements that are not historical facts, such as "anticipates," "estimates," "believes," "hopes," "intends," "plans," "expects," "goal," "may," "suggest," "will," "potential," or similar expressions, are forward-looking statements. These statements are subject to a number of risks, uncertainties and other factors that could cause actual events or results in future periods to differ materially from what is expressed in, or implied by, these statements, such as experienced with the COVID-19 outbreak. Soligenix cannot assure you that it will be able to successfully develop, achieve regulatory approval for or commercialize products based on its technologies, particularly in light of the significant uncertainty inherent in developing therapeutics and vaccines against bioterror threats, conducting preclinical and clinical trials of therapeutics and vaccines, obtaining regulatory approvals and manufacturing therapeutics and vaccines, that product development and commercialization efforts will not be reduced or discontinued due to difficulties or delays in clinical trials or due to lack of progress or positive results from research and development efforts, that it will be able to successfully obtain any further funding to support product development and commercialization efforts, including grants and awards, maintain its existing grants which are subject to performance requirements, enter into any biodefense procurement contracts with the U.S. Government or other countries, that it will be able to compete with larger and better financed competitors in the biotechnology industry, that changes in health care practice, third party reimbursement limitations and Federal and/or state health care reform initiatives will not negatively affect its business, or that the U.S. Congress may not pass any legislation that would provide additional funding for the Project BioShield program. In addition, there can be no assurance as to the timing or success of any of its clinical/preclinical trials. Despite the statistically significant result achieved in the HyBryte™ (SGX301) Phase 3 clinical trial for the treatment of cutaneous T-cell lymphoma, there can be no assurance that a marketing authorization from the FDA or EMA will be successful. Notwithstanding the result in the HyBryte™ (SGX301) Phase 3 clinical trial for the treatment of cutaneous T-cell lymphoma and the Phase 1/2 proof-of-concept clinical trial of SGX302 for the treatment of psoriasis, there can be no assurance as to the timing or success of the clinical trials of SGX302 for the treatment of psoriasis. Further, there can be no assurance that RiVax® will qualify for a biodefense Priority Review Voucher (PRV) or that the prior sales of PRVs will be indicative of any potential sales price for a PRV for RiVax®. Also, no assurance can be provided that the Company will receive or continue to receive non-dilutive government funding from grants and contracts that have been or may be awarded or for which the Company will apply in the future. These and other risk factors are described from time to time in filings with the Securities and Exchange Commission, including, but not limited to, Soligenix's reports on Forms 10-Q and 10-K. Unless required by law, Soligenix assumes no obligation to update or revise any forward-looking statements as a result of new information or future events.
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SOURCE Soligenix, Inc. | https://www.1011now.com/prnewswire/2022/09/23/soligenix-announces-partial-adjournment-annual-meeting-information-reconvened-annual-meeting/ | 2022-09-23 11:57:41 | 1 | https://www.1011now.com/prnewswire/2022/09/23/soligenix-announces-partial-adjournment-annual-meeting-information-reconvened-annual-meeting/ |
NEW ORLEANS (AP) — Twelve years ago, Alyana Jefferson was a kindergarten student in Cherelyn Poe’s KIPP Central City classroom, learning to read and do basic math.
Now a senior at Booker T. Washington High School, Jefferson has a different role in the same classroom: She’s helping teach Poe’s students, who Poe calls her “crimson crawfish.”
Last year, Jefferson’s teachers identified her as a potential candidate for teaching: she’s dedicated, has strong leadership skills and is respected and trusted by her peers. So she enrolled in an education class where she spent the first few months of the school year learning how to be a teacher and think critically about equity in education.
Then, Jefferson and her classmates were sent down the street to classrooms at KIPP Central City.
“I didn’t want to be a teacher,” Jefferson said. “But once you actually take the class and teach hands-on you realize it’s about the children. You don’t have to be a doctor to make a difference, to save someone’s life.”
Three years ago, KIPP New Orleans launched the alumni teacher force, a first-of-its-kind program in New Orleans that selected high schoolers to teach younger students. The program has since expanded to include about 15 John F. Kennedy High School students who teach at Hynes French Immersion - UNO, in addition to the Booker T. Washington students.
After graduating from college, the students are guaranteed a job at KIPP, creating a pipeline back to KIPP.
A similar program is being piloted this year at Warren Easton High School, where students teach elementary students at Morris Jeff Community School and a few opted to teach younger classes at Warren Easton, institutionalizing an already prevalent tradition of alumni coming back to teach at the close-knit school, said Andrea Spreter, who heads the program.
Many students in the first class did not have an interest in teaching but jumped at curriculum that stressed teaching as an agent for social change, she said. Five juniors in the class have opted to take it again next year for an internship credit.
Scarlet Cornelius, the director of post-secondary strategy and programming at KIPP, says the program might help solve the teacher shortage in New Orleans.
“I genuinely believe this is the solution to retaining teachers,” she said.
All five KIPP alumni who began teaching at KIPP schools in 2018 are still there, a feat that defies statistical likelihood that teachers will drop out of the profession between their first and third year on the job, Cornelius said.
“We want to get to the point where we’re hiring 20 new teachers a year, not 125,” she said.
Cornelius said the program could also help retain veteran teachers by giving them a newfound purpose in training the next generation.
On a recent morning, a group of kindergarteners sat with rapt attention on a carpet as Jefferson drew cookies on a whiteboard. They counted the cookies in staggered unison — there were 17 — then thought through what would happen if someone named “David” ate six of them.
At a classroom down the hall, Kierra Daniels sat at a table with four students and helped them use their fingers to calculate sums. And upstairs, Amanie Scott used flashcards to quiz a student on vocabulary.
“They get to go to the other side of the curtain after being behind the desk,” Cornelius said.
This year, 28 seniors from Booker T. Washington and John F. Kennedy took the teaching class. At the start of the program, only about 10 were set on becoming teachers after college. But in a mid-year survey, that number doubled. The goal is to have 40% of participants go into teaching, Cornelius said.
Next year, there are more students interested than available spots, Cornelius said.
Grant funding allows students to be paid to work as summer school teachers at KIPP before and after they graduate high school.
Cornelius also helps students who go to college out of state find classroom work in those states. Jefferson said she will attend Texas Southern University in the fall to study finance and education and plans to teach for a few years after college, hopefully at KIPP.
Cornelius said she feels confident that any number of current high schoolers could be the “next great New Orleans teacher.”
“The program is debunking the myth that New Orleans public school students aren’t ready for certain things,” she said. “They’re ready, they just need to be given the opportunity.” | https://www.sfchronicle.com/news/article/3-years-into-KIPP-s-teacher-pipeline-plan-17172649.php | 2022-05-14 06:06:36 | 0 | https://www.sfchronicle.com/news/article/3-years-into-KIPP-s-teacher-pipeline-plan-17172649.php |
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DES MOINES, Iowa (AP) — The killing of two students at an alternative education program designed to help at-risk teenagers in Des Moines was a targeted attack, police said, and an 18-year-old has been charged.
The teenagers killed in Monday's shooting at the Starts Right Here program were both males, ages 18 and 16, police said. The program's founder, 49-year-old William Holmes, was seriously injured and underwent surgery.
Holmes, an activist and rapper who goes by the stage name Will Keeps, had left a life of gangs and violence and has been dedicated to helping youth in Des Moines, according to information from a regional community development group.
Preston Walls, 18, of Des Moines, was charged with two counts of murder and one count of attempted murder, police said. He was also charged with criminal gang participation, and authorities said the shooting was the result of an ongoing gang dispute. Walls was on supervised release for a weapons charge and had removed his ankle monitor 16 minutes before the shooting, police said.
“The incident was definitely targeted. It was not random. There was nothing random about this,” Sgt. Paul Parizek said.
Walls and all three victims were at the program Monday when Walls entered a common area where Holmes and the two students were, police said. Walls had a 9mm handgun with an extended ammunition magazine in his possession, they said.
Holmes tried to escort Walls away from the area, but Walls pulled away, “pulled the handgun and began to shoot both teenage victims," police said in a statement. Holmes was standing nearby and was also shot, and Walls ran away, police said.
Officers who responded saw a suspicious vehicle leaving the area and stopped it. But Walls ran away and was arrested a short time later. Police said a 9mm handgun was found nearby. The ammunition magazine, which has a capacity of 31 rounds, contained three.
Des Moines Mayor Frank Cownie said the two other people in the vehicle with Walls are also teenagers. They were taken into custody and released without charges.
"That brings a total of five families of teenagers affected by youth gun violence in a matter of minutes on a Monday afternoon, right here in our capital city,” Cownie said at Monday's City Council meeting.
Cownie said he spoke to the victims' family members. “But there is little one can say that will lessen their pain. Nothing that can be said to bring them back, those who were killed so senselessly," he said.
Walls has not yet made a court appearance. It was not immediately clear if he had an attorney to speak on his behalf.
Starts Right Here is an educational program that helps at-risk youth in grades 9-12 and is affiliated with the Des Moines school district.
“The school is designed to pick up the slack and help the kids who need help the most,” Parizek said.
The Greater Des Moines Partnership, the economic and community development organization for the region, says on its website that Keeps came to Des Moines about 20 years ago from Chicago, where he “lived in a world of gangs and violence” before finding healing through music. He founded Starts Right Here in 2021.
The partnership said the Starts Right Here movement “seeks to encourage and educate young people living in disadvantaged and oppressive circumstances using the arts, entertainment, music, hip hop and other programs." The program teaches financial literacy, along with communication and job interview skills.
The school’s website says 70% of the students it serves are members of minority groups, and it has had 28 graduates since it began. The school district said the program serves 40 to 50 students at any given time.
Gov. Kim Reynolds, who serves on an advisory board for Starts Right Here, said she was “shocked and saddened to hear about the shooting.”
Des Moines Police Chief Dana Wingert is on the Starts Right Here board, according to the program's website.
“I’ve seen first-hand how hard Will Keeps and his staff works to help at-risk kids through this alternative education program,” Reynolds said in a statement. "My heart breaks for them, these kids and their families.”
The shooting was the sixth at a school in the U.S. this year in which someone was injured or killed, but the first with fatalities, according to Education Week, which tracks school shootings. The website said there were 51 school shootings last year involving injuries or deaths, and there have been 150 since 2018. In the worst school shooting last year, 21 people were killed in an elementary school in Uvalde, Texas.
In a separate shooting outside a Des Moines high school last March, one student was killed and two other teens were badly injured. Ten people, who were all between the ages of 14 and 18 at the time of the shooting, were charged afterward. Five of them have pleaded guilty to various charges.
___
Funk reported from Omaha, Nebraska. Associated Press writers Jim Salter in O'Fallon, Missouri, and Heather Hollingsworth in Mission, Kansas, contributed to this report. | https://www.mrt.com/news/article/Police-Shooting-that-killed-2-at-youth-program-17737884.php | 2023-01-24 14:13:39 | 0 | https://www.mrt.com/news/article/Police-Shooting-that-killed-2-at-youth-program-17737884.php |
NIAMEY, Niger — (AP) — The general who led a coup in Niger defended the takeover on state television Friday and asked for support from the nation and international partners, as concerns grew that the political crisis could set back the country's fight against jihadists and increase Russia's influence in West Africa.
Various factions of Niger's military have reportedly wrangled for control since members of the presidential guard detained President Mohamed Bazoum, who was elected two years ago in Niger's first peaceful, democratic transfer of power since independence from France. As Gen. Abdourahmane Tchiani spoke, state TV identified him as the leader of the group of soldiers who said they staged the coup, and his appearance seemed to be an effort to show he was in charge.
Niger is seen as the last reliable partner for the West in efforts to battle jihadists linked to al-Qaida and the Islamic State group in Africa’s Sahel region, where Russia and Western countries have vied for influence in the fight against extremism. France has 1,500 soldiers in the country who conduct joint operations with the Nigeriens, and the United States and other European countries have helped train the nation's troops.
Extremists in Niger have carried out attacks on civilians and military personnel, but the overall security situation is not as dire as in neighboring Mali and Burkina Faso — both of which have ousted the French military. Mali has turned to the Russian private military group Wagner, and it's believed the mercenaries will soon be in Burkina Faso. Now there are concerns Niger could follow suit.
“We can no longer continue with the same approaches proposed so far, at the risk of witnessing the gradual and inevitable demise of our country,” Tchiani, who also goes by Omar Tchiani, said in the address. "That is why we decided to intervene and take responsibility.”
“I ask the technical and financial partners who are friends of Niger to understand the specific situation of our country in order to provide it with all the support necessary to enable it to meet the challenges,” he said.
If the takeover is designated as a coup by the United States, Niger stands to lose millions of dollars of military aid and assistance.
Bazoum has not resigned and he defiantly tweeted from detention on Thursday that democracy would prevail. It's not clear who enjoys the support of most of the population, but several hundred people gathered in the capital, Niamey, that day and chanted support for Wagner while waving Russian flags.
“We’re fed up,” said Omar Issaka, one of the protestors. “We are tired of being targeted by the men in the bush. ... We’re going to collaborate with Russia now.”
Tchiani’s criticism of Bazoum’s approach and of how security partnerships have worked in the past will certainly make the U.S., France, and the EU uneasy, said Andrew Lebovich, a research fellow with the Clingendael Institute.
“So that could mark potentially some shifts moving forward in Niger security partnerships,” he said.
Even as Tchiani sought to project control, the situation appeared to be in flux. A delegation from neighboring Nigeria hoping to mediate left shortly after arriving, and the president of Benin, nominated as a mediator by a regional body, had not arrived.
Earlier, an analyst who had spoken with participants in the talks said that the presidential guard was negotiating with the army about who should be in charge. The analyst spoke on condition they not to be named because of the sensitive situation.
A western military official in Niger who was not authorized to speak publicly to the media also said that the military factions were believed to be negotiating, and that situation remained tense and violence could erupt.
Speaking in Papua New Guinea, French President Emmanuel Macron condemned the coup as “completely illegitimate and profoundly dangerous for the Nigeriens, Niger and the whole region.”
In comments to French media, French Foreign Minister Catherine Colonna said Macron has spoken several times to Bazoum and that the detained leader “says that he is good health.”
Colonna said that there was still time to end what she described as an “attempted coup.”
“If you are hearing me speak of an attempted coup, that’s because we do not regard things as definitive,” Colonna was quoted as saying.
The coup threatens to starkly reshape the international community’s engagement with the Sahel region.
On Thursday, U.S. Vice President Kamala Harris said the country's “substantial cooperation with the Government of Niger is contingent on Niger’s continued commitment to democratic standards."
The United States in early 2021 said it had provided Niger with more than $500 million in military assistance and training programs since 2012, one of the largest such support programs in sub-Saharan Africa. The European Union earlier this year launched a 27 million-euro ($30 million) military training mission in Niger.
The United States has more than 1,000 service personnel in the country.
Some military leaders who appear to be involved in the coup have worked closely with the United States for years. Gen. Moussa Salaou Barmou, the head of Niger’s special forces, has an especially strong relationship with the U.S., the Western military official said.
While Russia has also condemned the coup, it remains unclear what the junta’s position with regards to the Wagner group will be.
This is Niger’s fifth coup and marks the fall of one of the the last democratically elected governments in the Sahel.
Its army has always been very powerful and civilian-military relations fraught, though tensions had increased recently, especially with the growing jihadist insurgency, said Karim Manuel, an analyst for the Middle East and Africa with the Economist Intelligence Unit.
___
This story has been updated to correct that it was France's foreign minister, not its president, who spoke about the Nigerien president's health.
___
AP writer John Leicester in Paris contributed to this report.
Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission. | https://www.wftv.com/news/world/niger-general-who/EW2LEGMZI7TMHFCWEIWO3U4JZU/ | 2023-07-28 13:07:34 | 1 | https://www.wftv.com/news/world/niger-general-who/EW2LEGMZI7TMHFCWEIWO3U4JZU/ |
JERUSALEM (AP) — The Israeli military said it shot and killed a Palestinian man during an arrest raid near the city of Jenin in the occupied West Bank on Wednesday.
The army said that during one of a series of raids carried out across the Palestinian territory, its troops fired at a suspect who attempted to escape arrest in the village of Jaba.
“The force gave medical treatment to the suspect, but later pronounced him dead,” the army said. It said the incident was under investigation.
The statement said the army was there to arrest suspects involved in terror operations without elaborating.
The Palestinian Health Ministry issued a statement saying it received confirmation of the death of Rafiq Riyad Ghannam from the agency that coordinates affairs with Israel. Wafa, the official Palestinian news agency, said the 20-year-old man was severely wounded during clashes in the village.
Ghannam was the second Palestinian from Jaba killed in recent days. On Sunday the Palestinian Foreign Ministry said 19-year-old Kamel Abdallah Alwaneh died a day after he was shot by Israeli troops. The army said soldiers came under attack “during routine security activity near the town of Jaba” and shot a man suspected of throwing a firebomb.
The Israeli military has carried out near-daily raids in Palestinian towns and villages in the West Bank following a series of deadly attacks by Palestinians earlier this year that killed 19 Israelis, with several of the attackers coming from the Jenin area.
Dozens of Palestinians have been killed in these Israeli army raids. Most of the dead were alleged to have opened fire on Israeli forces or hurled stones or firebombs at them. The dead also include at least two apparent passersby.
Israel captured the West Bank in the 1967 Mideast war and the Palestinians seek it as the heartland of a future state. Israel considers the West Bank as the biblical and historical heartland of the Jewish people.
Almost half a million Israeli settlers live in dozens of West Bank settlements scattered across the territory, alongside around 3 million Palestinians who live under Israeli military rule.
The Palestinians and much of the international community consider Israel’s West Bank settlements a violation of international law and an obstacle to a peaceful resolution of the decades-long conflict. | https://www.beaumontenterprise.com/news/article/Israeli-army-kills-Palestinian-in-West-Bank-17286822.php | 2022-07-06 08:32:24 | 0 | https://www.beaumontenterprise.com/news/article/Israeli-army-kills-Palestinian-in-West-Bank-17286822.php |
Presentations convey essential technological and scientific knowledge regarding AAV gene therapy and advancements across key disease areas
CEO Sheila Mikhail and President of Therapeutics, Katherine A. High will be featured speakers
RESEARCH TRIANGLE PARK, N.C., May 16, 2022 /PRNewswire/ -- Asklepios BioPharmaceutical, Inc. (AskBio), a wholly owned and independently operated subsidiary of Bayer AG, today announced that the Company will present 11 abstracts at the upcoming American Society of Gene & Cell Therapy (ASGCT) 25th Annual Meeting being held May 16 – 19, 2022 at the Walter E. Washington Convention Center in Washington, D.C.
The ASGCT Annual Meeting is the premier event for professionals in gene and cell therapy where noted industry professionals gather to learn from the latest advances in scientific and clinical research and cell and gene technology. Abstracts being presented by AskBio team members include new data and insights regarding Adeno Associated Virus (AAV) gene therapy, T-cell immune response to empty capsid technologies, inducible promoters and gene expression, and doggybone DNA (dbDNA) as well as data for AskBio's key clinical development programs, including Pompe Disease, Parkinson's Disease and Congestive Heart Failure.
AskBio will make seven oral presentations and four poster presentations. CEO Sheila Mikhail and President of Therapeutics, Katherine A. High will be featured speakers during the event.
"Having 11 abstracts accepted for presentations reflects the significant progress made by our teams across a broad front," commented Kathy High, President, Therapeutics for AskBio. "I am very proud of the groundbreaking work by our research and clinical teams as we continue to advance our therapeutic pipeline and AAV gene therapy research and manufacturing."
Jude Samulski, Chief Science Officer and Co-Founder for AskBio said, "These presentations underscore our commitment to advancing the science of gene therapy to tackle many of the biggest challenges in the space today, including manufacturing, dosing, immune response and treatment efficacy. We hope that, together with our many colleagues in cell and gene therapy space, we can make a profound difference in the lives of patients around the world who are waiting for transformative gene therapies."
AskBio's presentations at ASGCT include:
Monday, May 16
Oral Presentation
Abstract 37: Functional Assessment of T-cell Responses to AAV8 Empty Capsids in Healthy Volunteers
Session: Immune Responses to AAV Vectors
10:30 am – 11:45 am, Room: 102
Oral Presentation
Abstract 28: A First-in-Human Phase 1 Clinical Gene Therapy Trial for the Treatment of Heart Failure Using a Novel Re-Engineered Adeno-Associated Vector
Session: Cardiovascular and Pulmonary Diseases
11:45 am – 12 PM, Room 206
Featured Speaker
Launching Innovation Into Gene Therapy Companies
Session: Part 2: Translating Science Into Medicine: Moving from Bench to Startup (Organized by the Bioindustry & Translational Science Committees)
Sheila Mikhail, JD, CEO and Co-Founder, AskBio
1:30–2:18 PM Room: Salon G
Tuesday, May 17
Oral Presentation:
Abstract 434: Characterization of Alternative Reading Frame Proteins Generated from AAV Cassettes
Session: Discoveries in Fundamental AAV Biology
4:00–4:15 PM, Ballroom A
Poster Presentation:
Abstract 796: Safety and preliminary efficacy of neurosurgical AAV2-GDNF delivery for Parkinson's disease
Session: Gene and Cell Therapy Trials in Progress
5:30PM, Hall D
Poster Presentation:
Abstract 711: Effect of tolerogenic ImmTOR nanoparticles on the formation of anti-AAV8 antibodies in mice, nonhuman primates, and healthy human volunteers
Session: Immunological Aspects of Gene Therapy and Vaccines I
5:30PM, Hall D
Poster Presentation:
Abstract 708: ImmTOR blunts AAVrh32.33 capsid-specific immune responses in C57BL/6 albino mice
Session Immunological Aspects of Gene Therapy and Vaccines I
5:30PM, Hall D
Wednesday, May 18
Presidential Symposium
Turning Genes into Medicines: The Long and Winding Road from Gene Discovery to Gene Therapeutics
Session: Presidential Symposium and Presentation of Top Abstracts
Katherine A. High, MD, President, Therapeutics, AskBio
1:30–2:15 PM, Hall E
Oral Presentation
Abstract 866: Long Term Stability Profiles of AAV Vectors at Ambient Temperature within a Film Matrix
Session: Vector Manufacturing and Engineering 3: Improving Vector Design and System Performance
5:00PM, Room 201
Poster Presentation
Abstract 897: Identification of plasmid backbone-derived antisense RNAs in AAV transduced animals
Session: AAV Vectors - Virology and Vectorology III
5:30PM, Hall D
Thursday, May 19
Oral Presentation:
Abstract 1203: Inducible Gene Expression for Gene Therapy: Design and Exemplification of Powerful, Small, Modular and Tightly Controlled Regulatable Promoters
Session: New Technologies for AAV Gene Therapy
10:30–10:45 AM, Ballroom C
Oral Presentation:
Abstract 1211: Phase 1 Study of Gene Therapy in Late-onset Pompe Disease: Initial 104 Week Experience for Cohort 1
Session: AAV Vectors - Clinical Studies
10:45AM, Ballroom B
Oral Presentation:
Abstract 1213: Rationally Designed Cardiotropic AAV Capsid Demonstrates 30 Fold Higher Efficiency in Human vs Porcine Heart
Session: AAV Vectors – Clinical Studies
11:15–11:30 AM, Ballroom B
Abstracts and additional information for the ASGCT 2022 Annual Meeting are available on the ASGCT Annual Meeting web site.
About AskBio
Asklepios BioPharmaceutical, Inc. (AskBio), a wholly owned and independently operated subsidiary of Bayer AG acquired in 2020, is a fully integrated gene therapy company dedicated to developing life-saving medicines that cure genetic diseases. The company maintains a portfolio of clinical programs across a range of neuromuscular, central nervous system, cardiovascular and metabolic disease indications with a clinical-stage pipeline that includes therapeutics for Pompe disease, Parkinson's disease and congestive heart failure, as well as out-licensed clinical indications for hemophilia and Duchenne muscular dystrophy. AskBio's gene therapy platform includes Pro10™, an industry-leading proprietary cell line manufacturing process, and an extensive capsid and promoter library. With global headquarters in Research Triangle Park, North Carolina, and European headquarters in Edinburgh, UK, the company has generated hundreds of proprietary capsids and promoters, several of which have entered clinical testing. Founded in 2001 and an early innovator in the gene therapy field, the company holds more than 750 patents in areas such as AAV production and chimeric and self-complementary capsids. Learn more at www.askbio.com or follow us on LinkedIn.
About Bayer
Bayer is a global enterprise with core competencies in the life science fields of health care and nutrition. Its products and services are designed to help people and the planet thrive by supporting efforts to master the major challenges presented by a growing and aging global population. Bayer is committed to driving sustainable development and generating a positive impact with its businesses. At the same time, the Group aims to increase its earning power and create value through innovation and growth. The Bayer brand stands for trust, reliability and quality throughout the world. In fiscal 2021, the Group employed around 100,000 people and had sales of 44.1 billion euros. R&D expenses before special items amounted to 5.3 billion euros. For more information, go to www.bayer.com.
Find more information at https://pharma.bayer.com/ Follow us on Facebook: http://www.facebook.com/pharma.bayer Follow us on Twitter: @BayerPharma
AskBio Forward-Looking Statements
This press release contains "forward-looking statements." Any statements contained in this press release that are not statements of historical fact may be deemed to be forward-looking statements. Words such as "believes," "anticipates," "plans," "expects," "will," "intends," "potential," "possible" and similar expressions are intended to identify forward-looking statements. These forward-looking statements include without limitation statements regarding AskBio's pipeline of development candidates, manufacturing technology and process. These forward-looking statements involve risks and uncertainties, many of which are beyond AskBio's control. Known risks include, among others: AskBio may not be able to execute on its business plans and goals, including meeting its expected or planned regulatory milestones and timelines, its reliance on third-parties, clinical development plans, manufacturing processes and plans, and bringing its product candidates to market, due to a variety of reasons, including the ongoing COVID-19 pandemic, possible limitations of company financial and other resources, manufacturing limitations that may not be anticipated or resolved in a timely manner, potential disagreements or other issues with our third-party collaborators and partners, and regulatory, court or agency feedback or decisions, such as feedback and decisions from the United States Food and Drug Administration or the United States Patent and Trademark Office. Any of the foregoing risks could materially and adversely affect AskBio's business and results of operations. You should not place undue reliance on the forward-looking statements contained in this press release. AskBio does not undertake any obligation to publicly update its forward-looking statements based on events or circumstances after the date hereof.
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Mets’ Starling Marte has surgery to repair a core muscle
NEW YORK (AP) — New York Mets outfielder Starling Marte had surgery to repair a core muscle injury that hampered him during the season’s second half. The operation took place Tuesday and typical recovery time is eight weeks. That timetable would allow the 34-year-old to start spring training with no restrictions in mid-February. In the first season of a $78 million, four-year contract, Marte hit .292 with 16 homers, 63 RBIs and 18 stolen bases. His right middle finger was broken Sept. 6 when it was hit by a 96 mph fastball from Pittsburgh’s Mitch Keller. | https://kion546.com/sports/ap-national-sports/2022/11/03/mets-starling-marte-has-surgery-to-repair-a-core-muscle/ | 2022-11-04 00:42:37 | 0 | https://kion546.com/sports/ap-national-sports/2022/11/03/mets-starling-marte-has-surgery-to-repair-a-core-muscle/ |
DENVER (AP) — The NBA-champion Denver Nuggets traded into the first round of the draft by acquiring the 29th overall pick from the Indiana Pacers on Wednesday, a person with knowledge of the negotiations said.
As part of the deal, the Nuggets will also receive the 32nd pick from the Pacers in Thursday night’s draft. Indiana receives the 40th pick from Denver along with a first-round selection in 2024, according to the person who spoke to The Associated Press on condition of anonymity because the trade of picks hasn’t been announced.
Denver is trying to sprinkle in an assortment of players around its nucleus of Nikola Jokic, Jamal Murray, Michael Porter Jr. and Aaron Gordon. Denver struck gold with Christian Braun when the team took the high-energy player out of Kansas last summer at No. 21. Braun turned in valuable minutes off the bench during the Nuggets’ run to the franchise’s first championship.
They also have a 20-year-old shooting guard in Peyton Watson who could get more minutes next season. He was acquired in a draft-night deal with Oklahoma City last June.
___
AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports | https://cbs4indy.com/sports/ap-sports/nba-champion-nuggets-trade-into-the-1st-round-by-swapping-picks-with-the-pacers-ap-source-says/ | 2023-06-22 19:14:44 | 1 | https://cbs4indy.com/sports/ap-sports/nba-champion-nuggets-trade-into-the-1st-round-by-swapping-picks-with-the-pacers-ap-source-says/ |
With spring break here, what Daytona Beach Shores condos are still closed?
Seven properties in Daytona Beach Shores remain restricted four months following Tropical Storm Nicole.
About 30 properties in the community were deemed unsafe immediately following Nicole during which a number of residents had to abandon their beachfront condos.
The small reduction in Daytona Beach-area hotels with swimming pools/decks doesn't appear to have impacted booking numbers, according to the Daytona Beach Area Convention and Visitors Bureau.
"I would say around 20 hotels are without pools for spring break," Andrew Booth, convention and visitors bureau spokesman, said via email. "That’s out of approximately 200 properties and you also have additional vacation rental properties."
The list of compromised buildings in Daytona Beach Shores was last updated on Feb. 22 but remained current as of Monday, said Nancy Maddox, director of recreation, economic development and public affairs.
Daytona spring break 2023:What colleges are coming and when?
The properties are identified as one of the following:
- Posted buildings (P): The city's chief building official has deemed the building or a specifically defined portion unsafe; no one except for those involved with the structural engineer's assessment may enter.
- Posted buildings with limited access (P limited access): A structural engineer, retained by a condominium association or the owner, has determined the building is unsafe and may not be accessed except in the manner defined in the engineer's post-storm building safety report.
- Released buildings (R): The chief building official has accepted the post-storm building safety report from a state-certified structural engineer; residents may return to the property but should note the unsafe building notice doesn't address possible building or fire code problems not covered in the report.
As of Monday, the following properties were yet to be released:
Flamingo Inn, 2011 S. Atlantic Ave.
- Status: P (limited access)
- Update from property owner/manager/staff: Unavailable
Daytona Beach Shores Hotel, 2323 S. Atlantic Ave.
- Status: P
- Update from property owner/manager/staff: Renovations are underway on what will become Rushhh Daytona Beach. The hotel will join the Tapestry Collection by Hilton, a portfolio of original and/or independent hotels. Rushhh is currently taking reservations for Jan. 29 of 2024 and beyond.
Sun Viking Lodge (Rooms 101-103 and 201-203), 2411 S. Atlantic Ave.
- Status: P
- Update from property owner/manager/staff: The indoor pool and hot tub are open, but the outdoor pool and waterslide remain closed. One of the beach access points has been restored.
Sand & Surf Resort, 2535 S. Atlantic Ave.
- Status: P (limited access)
- Update from property owner/manager/staff: According to a Facebook post made Feb. 22, the condominium remains closed.
South Shore Motel, 3225 S. Atlantic Ave.
- Status: P
- Update from property owner/manager/staff: Unavailable
Pirates Cove Resort, 3501 S. Atlantic Ave.
- Status: P (limited access)
- Update from property owner/manager/staff: Reservations are being accepted through Airbnb and VRBO, according to the condo's website.
Sunglow Pier/Crabby Joe's, 3701 S. Atlantic Ave.
- Status: P
- Update from property owner/manager/staff: Repairs are underway. In the meantime, Crabby Joe's is holding pop-up shops. For more information, visit facebook.com/crabbyjoesdaytona. | https://www.news-journalonline.com/story/news/local/2023/03/13/daytona-beach-shores-condos-which-remain-closed-due-to-storm-damage/70003576007/ | 2023-03-13 23:02:47 | 1 | https://www.news-journalonline.com/story/news/local/2023/03/13/daytona-beach-shores-condos-which-remain-closed-due-to-storm-damage/70003576007/ |
Russia claims progress in eastern Ukraine; Kyiv craves tanks
KYIV, Ukraine (AP) — Russia claimed Friday to have captured a village in its intense, monthslong push toward the eastern Ukraine city of Bakhmut, as military analysts cautioned that tanks that may be sent by Kyiv’s Western allies wouldn’t be a magic wand in the almost 11-month war.
Russian Defense Ministry spokesman Igor Konashenkov told a regular media briefing that the village of Klishchiivka, nine kilometers (five miles) south of Bakhmut, had been “liberated.”
The claim couldn’t be independently verified, and Ukrainian officials made no immediate comment on the claim.
Taking Klishchiivka would be only a minor breakthrough, but the Kremlin is hungry for good news from the battlefield after months of setbacks.
Bakhmut, on the other hand, would be a bigger prize. It could allow Russia to disrupt Ukrainian supply lines in the east and threaten other Ukrainian-held cities in the surrounding region.
The war has been largely static during the winter months, according to military analysts, except for some hot spots like Bakhmut and nearby Soledar.
The Kremlin’s forces have kept up their long-distance shelling of Ukrainian targets, hitting key infrastructure and civilian areas, while probing Ukrainian defenses in the east.
The Ukrainian presidential office said Friday that at least five civilians were killed over the previous 24 hours, while six others were wounded, as Russian forces shelled seven regions in the country’s south and east.
Ukrainian troops repelled Russian attacks near a number of settlements in the eastern Donetsk and Luhansk regions, the Ukrainian General Staff said in a report.
John Lough, an Associate Fellow in the Russia and Eurasia program at the Chatham House think tank in London, said that the Ukraine battlefield situation is “inconclusive,” with a renewed Russian push expected in the spring.
The war is “quite delicately poised,” he told The Associated Press.
Ukrainian President Volodymyr Zelenskyy has pleaded with Western allies to send tanks that would help punch through Russian lines, and Western countries were discussing that possibility at a meeting in Germany on Friday. The United Kingdom said last week that it would provide Challenger 2 tanks.
Marina Miron, of the Defense Studies Department at King’s College London, said that tanks are useful, but lots of factors need to be taken into account.
Those factors include how many tanks will be sent, what condition they are in, how Ukrainian crews will be trained, when the tanks will be delivered and how the Ukrainians keep them supplied.
Sending tanks is “more of a political gesture” than something that will change the complexion of the war, Miron told the AP.
___
Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine
Copyright 2023 The Associated Press. All rights reserved. | https://www.kfyrtv.com/2023/01/20/russia-claims-progress-eastern-ukraine-kyiv-craves-tanks/ | 2023-01-20 14:45:08 | 1 | https://www.kfyrtv.com/2023/01/20/russia-claims-progress-eastern-ukraine-kyiv-craves-tanks/ |
Sean Murphy Player Prop Bets: Braves vs. Nationals - April 1
Published: Apr. 1, 2023 at 9:24 AM CDT|Updated: 2 hours ago
After going 0-for-5 in his most recent game, Sean Murphy and the Atlanta Braves take on the Washington Nationals (who will hand the ball to Josiah Gray) at 4:05 PM ET on Saturday.
In his most recent game he had a hitless performance (0-for-5) against the Nationals.
Sean Murphy Game Info & Props vs. the Nationals
- Game Day: Saturday, April 1, 2023
- Game Time: 4:05 PM ET
- Stadium: Nationals Park
- Live Stream: Watch this game on fuboTV!
- Nationals Starter: Josiah Gray
- TV Channel: MASN
- Hits Prop: Over/under 0.5 hits (Over odds: -208)
- Home Runs Prop: Over/under 0.5 home runs (Over odds: +425)
- RBI Prop: Over/under 0.5 RBI (Over odds: +160)
- Runs Prop: Over/under 0.5 runs (Over odds: +120)
Looking to place a prop bet on Sean Murphy? Check out what's available at BetMGM and sign up with this link!
Sean Murphy At The Plate (2022)
- Murphy hit .250 with 37 doubles, two triples, 18 home runs and 58 walks.
- Murphy got a hit in 92 of 148 games a year ago, with multiple hits in 34 of those games.
- He went yard in 17 of 148 games in 2022 (11.5%), including 2.9% of his trips to the plate.
- Murphy picked up an RBI in 26.4% of his 148 games last year, with more than one RBI in 10.8% of those contests (16). He drove in three or more runs in nine games.
- In 38.5% of his games last season (57 of 148), he scored at least a run, and in nine (6.1%) he scored more than once.
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Sean Murphy Home/Away Batting Splits (2022)
Nationals Pitching Rankings (2022)
- The pitching staff for the Nationals had a collective 7.8 K/9 last season, which ranked 23rd in MLB.
- The Nationals had the 29th-ranked team ERA across all MLB pitching staffs (5.01).
- Nationals pitchers combined to allow 244 total home runs at a clip of 1.5 per game (the most in the league).
- Gray will start for the Nationals, his first this season.
- The 25-year-old righty last appeared Wednesday, Sept. 28 against the Atlanta Braves, when he started and went six innings.
- Last season he finished with a 5.02 ERA and a 1.359 WHIP over his 28 games, putting together a 7-10 record.
© 2023 Data Skrive. All rights reserved. | https://www.wbrc.com/sports/betting/2023/04/01/sean-murphy-mlb-player-prop-bets/ | 2023-04-01 15:54:43 | 1 | https://www.wbrc.com/sports/betting/2023/04/01/sean-murphy-mlb-player-prop-bets/ |
WILSON, N.C. (WNCN) — Harrowing footage from a little league baseball game in North Carolina shows 7- and 8-year-old players hit the ground after gunfire rings out nearby.
The scary situation unfolded Sunday morning at an all-star little league tournament in Wilson, according to a news release from Wilson police.
The incident was initially reported as an “active shooter” situation, but police later told Nexstar’s WNCN that was not the case. No one at the game was intentionally targeted, police added.
Footage from the game showed players and coaches hitting the ground. Another video shared with WNCN showed chaos in the stands as children and their families tried to take cover.
“Parents couldn’t find their kids, kids couldn’t find their parents,” recalled Lindsey Stephenson, whose son plays on one of the teams.
Bull City Little League Assistant Coach Chris Breslin didn’t even hear the gunshots, but rather a noise he believed to be the bullets flying through the air.
“I didn’t hear bangs, I just heard like whizzes,” Breslin explained. “It seemed like right by my head. Three in quick succession.”
In another video sent to WNCN, Breslin is seen standing next to a player, and seconds later dropping to the ground.
He Army-crawled to get on top of the player, shielding him from any more gunfire.
“It was horrific. When I hit the ground, I remember thinking, this is the worst possible thing,” he said. “[The player] was so scared. He kept saying, ‘I don’t want to play baseball. Is the bad man coming? I’m scared’ … It was terrible.”
No one was injured, but parents were terrified.
Police later found three bullets in the area, including one in the outfield and one that struck a car in the parking area.
Officials, meanwhile, are still searching for the person, or people, responsible.
“Two vehicles were identified as potentially being involved in the incident during the initial investigation. The Wilson Police Department located those vehicles yesterday and spoke to the occupants, who were attendees at the game,” Wilson police said in a release.
The Wilson Police Department is encouraging anyone with information to contact the department at 252-399-2323, or to call Crime Stoppers at 252-243-2255.
Attendees at the game told WNCN they were terrified knowing how vulnerable they were.
“There you are, with all these kids out there. … You don’t know where to go. You don’t know where to turn to. You don’t know what to do,” said Missy Rhoads, who was supporting the Rutherford team. “You are on an open field and you’re just sitting ducks.”
“I never thought that an 8-year-old’s baseball game is where I thought I’d be risking the life of my husband and son,” added Stephenson. “That thought never crossed my mind until [Sunday].”
Some parents are now concerned about whether local police would be prepared if a similar incident happens in the future.
“I expecting swarms of officers and sheriff’s deputies, and every man they had coming to the field. You saw one car here, one car there,” Stephenson said.
A few teams, including one of the teams playing Sunday morning, have pulled out of the remainder of the tournament. | https://www.localsyr.com/news/national/it-was-horrific-videos-show-players-families-at-little-league-game-take-cover-after-gunshots-ring-out/ | 2022-07-12 21:34:35 | 0 | https://www.localsyr.com/news/national/it-was-horrific-videos-show-players-families-at-little-league-game-take-cover-after-gunshots-ring-out/ |
SAN ANTONIO — More than a decade after the last golfer teed off at the once pristine Pecan Valley Golf Club, there's a push to bring a new game to the abandoned course that many say has been an overgrown eyesore.
Mike McDowell of Valor Club USA spoke to a packed house at the Highland Hills Neighborhood Association meeting Monday night.
McDowell told the people who've been watching the area deteriorate that he has a dream that will give veterans transitioning out of the military a safe and welcoming place to live, play and grow into new lives.
To applause from the crowd, McDowell said "I want to change this community! This community has been the step kid of San Antonio!"
McDowell, who told the group he is a retired Marine with six combat tours, said "I'm going to spend the rest of my life working and supporting those who have put it all down in every way."
After a false start by another ownership group failed several years ago, McDowell said his private investor group has come up with a new plan that could work, if it is able to gain public support and funding.
"We have about 30 acres that we have zoned for 650 multi-family housing units," McDowell said of land that is both north and south of East Southcross and east of Salado Creek.
McDowell said his plan could change the lives of veterans across America.
"This model that I built is a model that we will change the way we transition veterans. We will change it. We can scale this. As soon we build this, I plan to do this around the country," McDowell said.
McDowell said the key to success will be a continuum of care, that will provide not only housing but help from support organizations, schooling or job training and an entertainment venue. McDowell said with big companies choosing the south side of town, the time is right to bring veterans home to a place of prosperity and growth.
"The challenge we're having is the cost of capital with what's going on in our country economically. The cost of construction is up! The cost of inflation is up!" McDowell said, adding he needs community involvement.
Speaking of District 3 City Councilwoman Phyllis Viagran, McDowell said "We need her support because she's got to be able to get us money! We have to be able to offset what I can't get in rents so it can be affordable."
Viagran said "I do like the plan. The plan all along was to help veterans but it's coming down to funding and we need a coordinated effort between the county, the city and the state to go ask for federal dollars to help with this also."
Viagran said she is encouraging her neighbors to provide input on what they would like to see happen.
"It was a lot that he mentioned and I think a lot of it needs to be unpacked for the residents, so I'm really hoping that they go online and check out his website and reaching out and seeing what they want to prioritize."
More information about the project can be found here. | https://www.kens5.com/article/news/local/developer-proposing-housing-for-veterans-at-abandoned-golf-course-news/273-2cdf80aa-14d8-4101-9542-8b3f51a93117 | 2023-03-07 23:47:29 | 0 | https://www.kens5.com/article/news/local/developer-proposing-housing-for-veterans-at-abandoned-golf-course-news/273-2cdf80aa-14d8-4101-9542-8b3f51a93117 |
STATESVILLE, N.C., June 29, 2022 /PRNewswire/ -- Kewaunee Scientific Corporation (NASDAQ: KEQU) today announced results for its fourth quarter and its fiscal year ended April 30, 2022.
Sales during the fourth quarter of fiscal year 2022 were $49,715,000, an increase of 28.4% compared to sales of $38,707,000 from the prior year fourth quarter. The increase in sales resulted from both higher volumes for the Domestic segment as well as the implementation of price increases in response to higher raw material input costs, which are now flowing through production at a higher rate. Pre-tax earnings for the quarter were $2,345,000 compared to a pre-tax loss of $950,000 for the prior year period. Net loss for the quarter was $362,000 compared to $2,975,000 for the prior year. Net loss for the current quarter was unfavorably impacted by additional income tax expense of $2,561,000 due to the increase in the valuation allowance, largely driven by the Sale-Leaseback transaction executed on March 24, 2022, as part of the Company's re-capitalization strategy that is further discussed below. EBITDA1 for the quarter was $2,969,000 compared to a loss of $302,000 for the prior year period. Diluted loss per share was $0.13, as compared to a diluted loss per share of $1.08 in the prior year fourth quarter.
Domestic Segment - Domestic sales for the quarter were $37,720,000, an increase of 39.0% from sales of $27,139,000 in the prior year period. Net earnings for the domestic segment were $2,380,000 compared to a net loss of $56,000 in the prior year period. Domestic segment EBITDA was $2,957,000 compared to a loss of $34,000 for the prior year period. The year-over-year increase in sales resulted from both strong demand across all end-use markets as well as increased revenue per unit from price increases implemented earlier in the year now flowing through production and billings.
International Segment - International sales for the quarter were $11,995,000, an increase of 3.7% from sales of $11,568,000 in the prior year period as activity across the international markets remained strong. Net income for the international segment was $1,020,000 compared to $961,000 in the prior year period. International segment EBITDA was $1,456,000 compared to $1,529,000 for the prior year period. During the fourth quarter, the ASEAN market contributed at its highest level of the year as COVID-19 restrictions in the region begin to be lifted and sales returned to more normalized levels.
Corporate Segment – Corporate segment pre-tax net loss was $3,762,000 for the quarter, as compared to $3,880,000 in the prior year period. Corporate segment EBITDA loss for the quarter was $1,444,000, a favorable improvement of 19.6% from corporate segment EBITDA loss of $1,797,000 for the prior year period. The primary driver of the improved EBITDA was the favorable impact from pension accounting because of the recovery of the plan assets at previous fiscal year-end.
The Company's order backlog was $173.9 million on April 30, 2022, increasing from $138.1 million on January 31, 2022, and $114.5 million on April 30, 2021. This is the highest order backlog in the Company's history.
"Kewaunee delivered strong financial results during the fourth quarter of fiscal year 2022, responding to accelerating demand as construction activity continued to recover from COVID-19 lows," said Thomas D. Hull III, Kewaunee's President, and Chief Executive Officer. "Demand in the international markets remains strong, with an increasing rate of activity being felt in the ASEAN and Middle East markets, complementing what continues to be a strong Indian market. Demand across the United States was especially strong in the fourth quarter, with all our major geographies being extremely active."
"Profitability improved domestically during the fourth quarter based on higher manufacturing volumes as we continue to restore production capacity that was reduced due to the COVID-19 pandemic. Further, actions taken during the year to align pricing on new orders with rapidly inflating raw material inputs substantially mitigated the cost/price mismatch that we experienced during the previous four quarters. I am proud of how our Kewaunee Associates continue to work to serve our customers, overcoming numerous headwinds due to a historically tight labor market as well as managing through persistent supply chain challenges."
"Kewaunee has posted a record high backlog for the third time in the past four quarters, demonstrating the confidence customers have in our ability to meet their requirements in a dynamic operating environment. Domestically, our order backlog increase has been driven by strength in the life science and higher education end-use markets within the United States. Our international teams continue to see customers investing in large infrastructure projects requiring laboratories in India, the Middle East, and Africa and were awarded multiple, multi-year projects during the year. The strength in our backlog positions the Company well for the next fiscal year as the majority of these orders will deliver over the next twelve to eighteen months."
Sales during fiscal year 2022 were $168,872,000, an increase of 14.5% compared to sales of $147,469,000 from the prior year. Pre-tax loss for the fiscal year was $2,485,000 compared to a pre-tax loss of $2,617,000 for the prior year. The net loss for the fiscal year was $6,126,000, compared to a net loss of $3,672,000 for the prior year. Results for the full year were affected by the factors previously mentioned, as well as the $4,170,000 due to the increase in the valuation allowance, largely driven by the Sale-Leaseback transaction executed on March 24, 2022. EBITDA for the fiscal year was $394,000 compared to $171,000 for the prior fiscal year. Diluted loss per share was $2.20, as compared to a loss per share of $1.33 in the prior fiscal year.
Domestic Segment - Domestic sales for the fiscal year were $126,848,000, an increase of 14.2% from sales of $111,035,000 in the prior year. This increase was driven by year-over-year volume growth as well as the implementation of price increases on new orders in response to higher raw material input costs. Domestic segment net loss was $229,000 compared to net income of $921,000 in the prior fiscal year. Domestic segment EBITDA was $2,223,000 compared to $3,560,000 for the prior year. Profitability was negatively impacted during the year by increased COVID-19 related disruptions, a previously disclosed cyber-attack, ongoing supply chain issues, labor shortages, and significantly elevated costs due to inflation. As discussed in previous press releases, the Company experienced significantly higher raw material costs of $4,559,000 throughout the year which could not be passed along to customers due to the fixed nature of the Company's contracts.
International Segment - International sales for the fiscal year were $42,024,000, an increase of 15.3% from sales of $36,434,000 in the prior year with strong activity in India being the principal driver of growth during the fiscal year. International segment net income was $2,333,000 compared to $2,049,000 in the prior fiscal year. International segment EBITDA was $3,571,000 compared to $3,164,000 for the prior year.
Corporate Segment – Corporate segment pre-tax net loss was $8,230,000 for the fiscal year, as compared to $6,642,000 in the prior fiscal year. Corporate segment EBITDA loss for the fiscal year was $5,400,000, a favorable improvement of 17.6% from corporate segment EBITDA loss of $6,553,000 for the prior year. The primary driver of the improved EBITDA was the favorable impact of pension accounting because of the recovery of the plan assets at previous fiscal year-end, partially offset by expenses related to the Company's decision to exit certain markets, where the Company had historically sold products directly, and professional fees related to financing activities.
Total cash on hand on April 30, 2022 was $6,894,000, as compared to $5,731,000 on April 30, 2021. Working capital was $49,272,000, as compared to $26,276,000 on April 30, 2021. Short-term debt was $1,588,000 on April 30, 2022, as compared to $6,828,000 at April 30, 2021, and long-term debt was $29,704,000 on April 30, 2022 as compared to $112,000 at April 30, 2021. The Company's debt-to-equity ratio on April 30, 2022 was 1.07-to-1, as compared to 0.39-to-1 at April 30, 2021.
"The past fiscal year was another challenging year for Kewaunee as the economy re-opened from COVID-19 shutdowns and the pace of activity rose," said Thomas D. Hull III, Kewaunee's President, and Chief Executive Officer. "Fiscal year 2022 presented what were probably the most challenging headwinds the Company has ever had to manage. We experienced rapid inflation across most of our cost categories that initially had to be absorbed by the Company due to the fixed nature of contracts we enter into with customers. At the same time, we faced a surge in demand and the inability to rapidly ramp production to pre-COVID-19 levels due to staffing shortages and supply chain disruptions."
"Our vision for Kewaunee is to be 'the global supplier of choice with customers in the laboratory furniture and infrastructure markets.' In pursuing this vision, we continued making progress on strategic initiatives throughout the year, positioning Kewaunee well for the future:
- We announced the decision to stop selling direct in certain markets where the Company historically had due to the lack of sufficient dealer coverage in the territory. Through updated and expanded dealer agreements, Kewaunee has solidified its coverage in these territories, which will enable the Company to focus on its manufacturing operations as well as serving its channel partners with excellence. Direct projects remain in our backlog that we will be delivering over the course of fiscal year 2023. Once these projects complete, Kewaunee's domestic segment will be principally a manufacturer of laboratory and technical furniture products, with our channel partners handling product installation, buy-outs, and freight.
- We completed a re-capitalization of the Company through a Sale-Leaseback transaction of the Company's three manufacturing facilities and corporate headquarters located in Statesville, North Carolina. This transaction will enable the Company to terminate its credit facility with Wells Fargo and to deploy capital within the Company's manufacturing operations to improve cost and productivity.
- We made significant progress across our domestic manufacturing operations as a result of our lean and continuous improvement journey. This sets us up well to continue to deploy capital to modernize our metal manufacturing operations over the next two to three years, further improving our competitiveness and increasing our capacity.
- We realized the benefits of the investments we have made in our international team over the past few years, and were awarded several significant projects across the India, Middle East, Africa, and ASEAN regions."
"While significant economic uncertainty exists as we conclude fiscal year 2022, from continued broad-based inflation to concern about a possible pending recession, I am optimistic about the future based on the progress we continue to make in improving the fundamental operating capabilities of the organization. I am proud of how our Associates continue to respond to the challenges presented, recognizing the importance of Kewaunee's role in 'encouraging new discovery… Worldwide.'"
About Non-GAAP Measures
EBITDA and Segment EBITDA are calculated as net earnings (loss), less interest expense and interest income, income taxes, depreciation, and amortization. We believe EBITDA and Segment EBITDA allow management and investors to compare our performance to other companies on a consistent basis without regard to depreciation and amortization, which can vary significantly between companies depending upon many factors. EBITDA and Segment EBITDA are not calculations based upon generally accepted accounting principles, and the method for calculating EBITDA and Segment EBITDA can vary among companies. The amounts included in the EBITDA and Segment EBITDA calculations, however, are derived from amounts included in the historical statements of operations. EBITDA and Segment EBITDA should not be considered as alternatives to net earnings (loss) or operating earnings (loss) as an indicator of the Company's operating performance, or as an alternative to operating cash flows as a measure of liquidity.
About Kewaunee Scientific
Founded in 1906, Kewaunee Scientific Corporation is a recognized global leader in the design, manufacture, and installation of laboratory, healthcare, and technical furniture products. The Company's products include steel, wood, and laminate casework, fume hoods, adaptable modular systems, moveable workstations, stand-alone benches, biological safety cabinets, and epoxy resin worksurfaces and sinks.
The Company's corporate headquarters are located in Statesville, North Carolina. Sales offices are located in the United States, India, Saudi Arabia, and Singapore. Three manufacturing facilities are located in Statesville serving the domestic and international markets, and one manufacturing facility is located in Bangalore, India serving the local, Asian, and African markets. Kewaunee Scientific's website is located at http://www.kewaunee.com.
This press release contains statements that the Company believes to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included in this press release, including statements regarding the Company's future financial condition, results of operations, business operations and business prospects, are forward-looking statements. Words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "predict," "believe" and similar words, expressions and variations of these words and expressions are intended to identify forward-looking statements. Such forward-looking statements are subject to known and unknown risks, uncertainties, assumptions, and other important factors that could significantly impact results or achievements expressed or implied by such forward-looking statements. Such factors, risks, uncertainties and assumptions include, but are not limited to: competitive and general economic conditions and the ongoing impact of the COVID-19 pandemic, including disruptions from government mandates, both domestically and internationally, as well as supplier constraints and other supply disruptions; changes in customer demands; technological changes in our operations or in our industry; dependence on customers' required delivery schedules; risks related to fluctuations in the Company's operating results from quarter to quarter; risks related to international operations, including foreign currency fluctuations; changes in the legal and regulatory environment; changes in raw materials and commodity costs; acts of terrorism, war, governmental action, natural disasters and other Force Majeure events; and the ultimate impact on the Company of the cyber attack suffered on November 5, 2021. The cautionary statements made pursuant to the Reform Act herein and elsewhere by us should not be construed as exhaustive. We cannot always predict what factors would cause actual results to differ materially from those indicated by the forward-looking statements. Over time, our actual results, performance, or achievements will likely differ from the anticipated results, performance or achievements that are expressed or implied by our forward-looking statements, and such difference might be significant and harmful to our stockholders' interest. Many important factors that could cause such a difference are described under the caption "Risk Factors," in Item 1A of our Annual Report on Form 10-K for the fiscal year ended April 30, 2022, which you should review carefully. These reports are available on our investor relations website at www.kewaunee.com and on the SEC website at www.sec.gov. These forward-looking statements speak only as of the date of this document. The Company assumes no obligation, and expressly disclaims any obligation, to update any forward-looking statements, whether as a result of new information, future events or otherwise.
Contact:
Donald T. Gardner III
704/871-3274
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SOURCE Kewaunee Scientific Corporation | https://www.kalb.com/prnewswire/2022/06/29/kewaunee-scientific-reports-results-fiscal-year-fourth-quarter/ | 2022-06-30 00:19:45 | 1 | https://www.kalb.com/prnewswire/2022/06/29/kewaunee-scientific-reports-results-fiscal-year-fourth-quarter/ |
ISTANBUL, April 14, 2023 /PRNewswire/ -- Established in 1958 by Borusan Group as its first industrial venture, Borusan Mannesmann has recently finalized an acquisition in the United States, further scaling up its presence in the global market. Through a transaction of 162 million U.S. Dollars, the company has acquired 100% of Berg Pipe, one of the leading manufacturers of large-diameter line pipe in the United States. With this acquisition, Borusan Mannesmann now strengthens its presence as a leading player in the North American energy pipe industry.
Established 65 years ago by Borusan Group – one of Türkiye's leading conglomerates – as its first industrial venture, Borusan Mannesmann has recently finalized an acquisition in the United States, further scaling up its presence in the global market. In line with its global growth strategy of expanding its manufacturing capacity in target markets, Borusan Mannesmann has acquired Berg Pipe, a corporation operating in the U.S. for the past 44 years with its two facilities located in Florida and Alabama.
Borusan Mannesmann has been operating steadily in the United States since 2014, with a facility located in Baytown, Texas. With this acquisition and a second facility being constructed in Baytown, where production will start in 2023, the company will own four manufacturing plants in the United States. The company's total manufacturing capacity in the U.S. will reach 1 million tons, and around 1 billion U.S. Dollars in turnover. With this latest acquisition of Berg Pipe for 162 million U.S. Dollars, Borusan Mannesmann will have a total of 11 facilities located in Türkiye, Italy, Romania, and the United States, as well as a production capacity of nearly 2 million tons and 2,800 staff members by the end of 2023.
"Our focus is sustainable growth."
Noting that Borusan Mannesmann has added sustainable value to Türkiye since its inception, Borusan Group CEO Erkan Kafadar commented on the acquisition that was carried out in line with Borusan Mannesmann's strategy of localization across global markets:
"Pipe manufacturing, the first industrial sector in which we operate as Borusan Holding, and its first industrial venture Borusan Mannesmann has been adding value to our country for the past 65 years. It contributes to the country's economy by way of its exports to global markets. As Türkiye's number one brand in its sector, our company has been focusing on expanding into global markets to promote sustainable growth. Having scaled up its growing presence since the early 2000s across different pipe segments with its facilities operating in Italy, the U.S., and most recently, in Romania, Borusan Mannesmann's recent acquisition of Berg Pipe strengthens the company's presence as a key player in the North American energy pipes market, which we believe holds great potential. In addition, Borusan Mannesmann happens to be one of the largest Turkish industrial investors in the United States. As part of its sustainable growth strategy, our company will continue to evaluate opportunities to help increase its share in target markets."
A new era for Borusan Mannesmann
Borusan Mannesmann entered the European automotive market after it acquired the Vobarno precision pipe plant in Italy in 2001, its first international investment. As a result, today the company is the number one manufacturer in the automotive segment in Europe, thanks to additional investment in its facilities in Gemlik, Türkiye in 2018. Kafadar said: "In line with our sustainable growth and globalization strategy, we achieved remarkable success over the course of 9 years after commissioning a facility in 2014 with an investment of 150 million U.S. Dollars in the United States energy pipe market. With this facility in Baytown, Texas, where we manufacture oil country tubular goods and line pipe for the energy sector, we received the 'Pipe and Tube Manufacturer of the Year' award three times from American Metal Market, one of the most prestigious pipe industry publications in the United States. Thanks to the new investment we have now launched in Baytown, which will be finalized by the end of this year, we will be a local manufacturer also in the construction and general industry segments. This remarkable growth coupled with the latest acquisition of Berg Pipe marks the beginning of a new era for our company."
Borusan Mannesmann strengthens its presence in the U.S.
Considering Borusan Mannesmann's past success and prestige in exporting large-diameter line pipes from Türkiye to the United States, following the acquisition of Berg Pipe, the company will now be considered a "local player" in the North American large diameter pipe market. Kafadar explains: "Berg Pipe owns two facilities, one in Florida, where longitudinal seam-welded pipes are manufactured, and one in Alabama, where spiral seam-welded large-diameter pipes are manufactured. Having championed remarkable growth in the energy sector recently, the company stands out as a leading supplier of major pipeline projects in the United States, which is a country with great market potential especially now that it has evolved from its role of an energy importer to that of an energy exporter. By acquiring Berg Pipe, a company with a total manufacturing capacity of 550 thousand tons, we have secured a strategic position in the large-diameter pipe sector."
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SOURCE Borusan Mannesmann | https://www.dakotanewsnow.com/prnewswire/2023/04/14/steel-pipe-industrys-global-giant-borusan-mannesmann-grows-even-stronger-us/ | 2023-04-14 16:45:05 | 0 | https://www.dakotanewsnow.com/prnewswire/2023/04/14/steel-pipe-industrys-global-giant-borusan-mannesmann-grows-even-stronger-us/ |
The case of Adnan Syed, who served more than 20 years in prison on murder charges before his conviction was vacated on Monday, is unique because of the enormous publicity it garnered through the hit true-crime podcast Serial. But one of the reasons he was set free — because prosecutors withheld evidence that may have exonerated him — is not uncommon.
In making the decision to release Syed from prison, Circuit Judge Melissa Phinn in Baltimore relied on an extensive review of the case by prosecutors in Maryland showing, among other things, that authorities knew of at least two alternative suspects besides Syed in the 1999 murder of Hae Min Lee, an ex-girlfriend of his.
But prosecutors kept information about alternative suspects from defense attorneys, according to a motion to vacate the conviction filed by prosecutors. They now have 30 days to decide whether to proceed with a new trial or drop the charges against Syed, who has long maintained his innocence.
Syed's case highlights how the withholding of potentially exculpatory evidence by police and prosecutors can often lead to wrongful convictions. Critics say that a lack of accountability and transparency has made it easy for prosecutors to get away with such official misconduct, as innocent individuals brought before the justice system are made to pay — oftentimes with years of their lives behind bars — for crimes they did not commit.
Withholding potentially exculpatory evidence violates a key legal principle
Such conduct is a violation of what is known as the Brady rule, which requires prosecutors to turn over any evidence that could help exonerate a criminal defendant.
In the motion to vacate, two Brady violations were cited: the prosecution's failure to disclose evidence pointing to any alternative suspect and the failure to disclose that one of the suspects in the original investigation had threatened to kill Lee.
"Considering the totality of the evidence now available, the information about an alternative suspect would have been helpful to the defense because it would have helped substantiate an alternative suspect defense that was consistent with the defense's strategy at trial," prosecutors said in their motion.
Cases in which prosecutors don't follow the rule are "shockingly common," says Vanessa Potkin, director of special litigation at the Innocence Project.
"It's not just a Baltimore problem, it's not just a Maryland problem. This is something that is pervasive throughout the country," she says.
There were at least 2,400 exonerations in the U.S. between 1989 and 2019, and in 44% of cases it was the withholding of potentially exonerating evidence that resulted in a prisoner's release, according to a 2020 paper from the National Registry of Exonerations.
"Prosecutorial misconduct and police misconduct are the most common contributing factors" to exonerations, says Simon Cole, director of the registry. "And within that, the concealing of evidence, which is what's alleged in [Syed's] case, is the most common subtype of official misconduct."
Prosecutors have a lot of leeway
In many jurisdictions, prosecutors can keep their files secret and the decision over what to turn over to the defense is left up to the prosecutors themselves, says Laura Nirider, co-director of the Center on Wrongful Convictions at Northwestern University's Pritzker School of Law.
"We must rely on individual prosecutors to decide which pieces of evidence to disclose to the defense and which pieces of evidence to withhold," she says. "It can be difficult for any prosecutor to objectively decide what evidence is truly material and truly exculpatory."
In a 2017 interview with NPR, the journalist and Yale University law professor Emily Bazelon compared the situation to something akin to the honor system.
"We're talking about a situation in which they can see what's in their files, but the defense can't see it. And the judge can't see it either. So they're really making this very important call on their own."
But there is an ongoing push to implement more open discovery, says Nirider.
"These are systems in which prosecutors allow defense attorneys to take a look at their files in a much more broad way," she says. That would "ensure that Brady material gets turned over and to ensure that defendants like Adnan can mount the most robust and fairest defense that's available to them."
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.nepm.org/national-world-news/2022-09-21/adnan-syeds-case-is-unique-withholding-of-potentially-exculpatory-evidence-is-not | 2022-09-21 09:31:08 | 1 | https://www.nepm.org/national-world-news/2022-09-21/adnan-syeds-case-is-unique-withholding-of-potentially-exculpatory-evidence-is-not |
Aplington-Parkersburg's powerful offense roared to a resounding victory by pulling away from Waterloo Columbus 76-24 on January 16 in Iowa boys high school basketball action.
Aplington-Parkersburg drew first blood by forging a 22-10 margin over Waterloo Columbus after the first quarter.
The Falcons' offense charged in front for a 48-16 lead over the Sailors at halftime.
Aplington-Parkersburg thundered to a 69-20 lead heading into the final quarter.
The Falcons put a bow on this victory with a strong final-quarter kick, outpointing the Sailors 7-4 in the last stanza.
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You're reading a news brief powered by ScoreStream, a world leader in fan-driven sports results and conversation. Help us collect and deliver more game results from your favorite teams and players by downloading the ScoreStream app. Nearly a million users nationwide share team scores and player performance stats with this convenient free app. | https://wcfcourier.com/sports/high-school/basketball/boys/aplington-parkersburg-finds-its-footing-in-sprinting-past-waterloo-columbus-76-24/article_cc9a3fd8-a60c-54f5-9ed1-c3e5d0dfc2ad.html | 2023-01-17 06:54:41 | 1 | https://wcfcourier.com/sports/high-school/basketball/boys/aplington-parkersburg-finds-its-footing-in-sprinting-past-waterloo-columbus-76-24/article_cc9a3fd8-a60c-54f5-9ed1-c3e5d0dfc2ad.html |
MADISON, Wis., April 19, 2023 /PRNewswire/ -- Fairway Independent Mortgage Corporation announced today that Senior Loan Officer Roxanne Hellickson has received her licensure certification to produce HECM and H4P (HECM for Purchase) reverse mortgages in the Minnesota and Wisconsin markets.
"Reverse mortgages are a safe financial tool that allow seniors access to the equity they've spent a lifetime building up in their homes," said Hellickson. "I'm so excited to explain to my senior clients how this kind of loan can change their lives, allowing them to tap in to money they can use for home improvements, travel, or for anything else, all while knowing they will never lose their house."
"Roxanne has been in the mortgage business for more than 40 years and brings a deep understanding of what kind of loan is best for any situation," noted Fairway Branch Manager Kris Heichel. "Having Roxanne certified to offer HECM Reverse Mortgages is exciting for us as we at Fairway believe reverse mortgages are an underutilized tool in retirement planning."
Hellickson is based in Rochester, MN, and serves both the Minnesota and Wisconsin mortgage markets.
About Fairway Independent Mortgage Corporation
Fairway Independent Mortgage Corporation (NMLS #2289) is a full-service mortgage lender of more than 7,000 employees and 500 branches nationwide offering a wide array of innovative products that can help make homeownership more affordable with the speed and service their clients deserve. For more information, please visit fairway.com.
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SOURCE Fairway Independent Mortgage Corporation | https://www.kfyrtv.com/prnewswire/2023/04/19/mortgage-veteran-roxanne-hellickson-expands-offerings-into-reverse-mortgage-space/ | 2023-04-19 16:46:05 | 0 | https://www.kfyrtv.com/prnewswire/2023/04/19/mortgage-veteran-roxanne-hellickson-expands-offerings-into-reverse-mortgage-space/ |
19 First Alert Day: Waves of rain, storms, and high wind through tomorrow
CLEVELAND, Ohio (WOIO) - A major storm is located in eastern Nebraska early this morning. It will track north of our area across Lake Huron early tomorrow morning. We have showers in the area today. The best risk of rain is this morning. A south wind could gust over 40 mph at times. We are warmer today with temperatures rising to around 60 degrees this afternoon. Very warm and very windy tonight. Potential wind gusts over 45 mph at times. The atmosphere will be more unstable. Showers and thunderstorms likely. Temperatures holding steady in the 50s to around 60 degrees. A cold front tracks through tomorrow. We actually start the day out with sunshine. Showers will develop by late morning. A few storms possible. Strong winds out of the south will shift west after the cold front blows through. Potential wind gusts over 50 mph at times. Temperatures fall into the 40s during the afternoon.
Copyright 2023 WOIO. All rights reserved. | https://www.cleveland19.com/2023/03/31/19-first-alert-day-waves-rain-storms-high-wind-through-tomorrow/ | 2023-03-31 06:52:52 | 0 | https://www.cleveland19.com/2023/03/31/19-first-alert-day-waves-rain-storms-high-wind-through-tomorrow/ |
Think You Can Guess The Highest Grossing Movie Ever Set In New Jersey?
This one is going to test even the savviest of all New Jersey trivia buffs. Do you think you can name the movie that grossed the highest amount of money and was set in New Jersey?
Let's just remind you of a few things It's not necessarily a movie that was filmed in New Jersey. For instance, we all know the house from Amityville Horror is in Toms River, but the movie was not set in New Jersey, so that's not going to be the one.
Here's a clue that might help you get to the answer, but we doubt it will. The lead actor in this movie is one of the most well-known in our generation. This movie, however, is not one of his most famous, and that's quite an understatement.
We have a feeling that even if we tell you who the star is, you won't even be able to guess this movie. It's Brad Pit. Yes, that Brad Pitt.
So, you already know that it's a movie set in New Jersey and it stars Brad Pitt. And Work & Money tells us it grossed $540 million worldwide. Still stumped? How about if we throw in that it's a zombie movie?
At this point, if you know it, you know it. If you don't you don't. And if you don't, you'll need to know that we are talking about the 2013 flick World War Z. And here's the kicker. The movie only centers around New Jersey in the early part of it.
Somehow, I would have felt better if it turned out to be The Godfather or Goodfellas, which both sound like they would have made a way better answer. | https://wpst.com/think-you-can-guess-the-highest-grossing-movie-ever-set-in-new-jersey/ | 2023-06-06 11:56:27 | 1 | https://wpst.com/think-you-can-guess-the-highest-grossing-movie-ever-set-in-new-jersey/ |
School District Joins Growing National Movement to Reimagine School Transit
REDWOOD CITY, Calif., Feb. 23, 2023 /PRNewswire/ -- Alameda Unified School District (AUSD) has awarded a transportation contract of up to $8.8 million over five years to Zum, the leader in modern student transportation. Through this partnership, the district will be able to deliver superior service and meet the transportation needs of AUSD students who receive special education services, as well as the families, teachers, administrators and drivers committed to creating the best educational experience for children.
About ten percent of AUSD's 8500 students receive special education services, and close to 150 receive transportation support. Zum will deliver a multi-sized fleet of vehicles to maximize operational efficiency and deliver safety and transparency for every ride for those students.
Zum is at the forefront of a massive transformation in student transportation, helping thousands of schools nationwide move away from a one-size-fits-all approach. Other innovative school districts that have partnered with Zum include Los Angeles Unified School District, San Francisco Unified School District, Seattle Unified School District, Oakland Unified School District and Metro Nashville Public Schools. This decision underscores AUSD's commitment to a cleaner, safer and more equitable solution for the students and families of Alameda.
Benefits of Zum include:
- Cleaner and greener: Transportation is the largest contributor to greenhouse gas emissions. As the first and only 100% carbon neutral student transportation company in the U.S., Zum is committed to transitioning school bus fleets to electric vehicles. In fact, through its Net Zero Initiative, the company has already offset 100% of its fleet's carbon emission.
- Safer and more reliable: Zum's technology is built to keep students safe from the moment they get on the bus until they are back home. Through the Zum app, parents are able to view the complete profile of their child's driver, along with real-time information about vehicle location and their child's pickup or dropoff time and status. District administrators and operators are able to track rides in a map view from start to finish, and routes are adjusted in real time to account for absent students or traffic issues. At the same time, drivers are able to preview all students on assigned routes, along with important supplemental information for each student where necessary.
Through Zum's proprietary safety technology, driver training, and certification program, SafeGuard, all drivers not only meet and exceed all state and federal requirements but also are trained on and required to adhere to specific protocols while picking up or dropping off students and while driving. The Zum platform also ensures timely, secure and centralized reporting to keep everyone appropriately informed. - More equitable: Modernizing transportation across the district can address inequalities the current system exacerbates. Students with longer average times on buses report lower grades, fewer social activities and poorer study habits. Because low-income families, children of color and children with special needs are more likely to depend on school buses, they're disproportionately affected. By selecting Zum, districts are demonstrating their commitment to modernizing student transportation to ensure equity and access for all students.
"The Alameda Unified School District shares Zum's commitment to equitable, accessible and sustainable student transportation services for all," said Ritu Narayan, founder and CEO at Zum. "We are proud to partner with them to deliver a safe, modern and reliable experience to the Alameda community."
"We look forward to partnering with Zum to provide safe, reliable, sustainable transportation to our students who receive special education services," says Shariq Khan, AUSD's Assistant Superintendent of Business Services. "We believe this new expanded contract will benefit students and families alike."
Zum offers its drivers competitive pay, flexibility and strong training programs, resulting in excellent job satisfaction overall. Zum's culture, driver satisfaction and benefits have already helped their partner districts overcome obstacles in the face of a nationwide driver shortage.
A National Movement
School districts and families across the U.S. are already starting to see the benefits of working with Zum: San Francisco Unified School District is on track to save $15 million over the next five years. In Oakland, the number of students spending more than one hour on a bus has dropped from 70 percent to less than 10 percent.
Zum is available nationwide, serving hundreds of school districts, including the nation's second largest school district, Los Angeles Unified School District, across the U.S. For more information, visit: www.ridezum.com.
About Zum
Zum has reimagined student transportation, the nation's largest mass transit system. Our robust operations and integrated end-to-end cloud-based platform provides a modern student transportation service for school districts purpose-built around the needs of kids and the expectations of their families. Zūm provides one seamless, real-time interface for parents, drivers, schools, districts, administrators and operators to transport children safely and with increased visibility and personalized care. Always investing in the wellbeing of the communities, Zum is also the only carbon neutral student transportation provider in the nation with plans to go Net Zero with EV transition. Learn more at www.ridezum.com.
CONTACT:
press@ridezum.com
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SOURCE Zūm | https://www.wibw.com/prnewswire/2023/02/23/alameda-unified-school-district-partners-with-zm-provide-safe-efficient-sustainable-special-education-transportation/ | 2023-02-23 14:25:53 | 1 | https://www.wibw.com/prnewswire/2023/02/23/alameda-unified-school-district-partners-with-zm-provide-safe-efficient-sustainable-special-education-transportation/ |
Benzene found in more dry shampoo products, report says
(Gray News) - An independent lab has found troubling levels of the cancer-causing chemical benzene in more types of dry shampoo products, according to a new report from Valisure.
The report comes after certain aerosol dry shampoos, including some Dove, Nexxus, Suave, Tigi and Tresemme products, were voluntarily recalled last month due to the potential presence of benzene.
The report lists other aerosol dry shampoos, including Not Your Mother’s, Paul Mitchell, Sun Bum, Batiste, dp Hue, OGX, San de Janeira, Redken, Sebastian, Klorane, IGK, CHI, Garnier Fructis, Pureology, Amika, Hask, Drybar, Biolage, Eva NYC, Kristin Ess, Bumble and Bumble, Cake, L’Oreal and Kerastase.
On Monday, Valisure sent a citizen petition to the Food and Drug Administration saying 70% of samples from 34 different brands of dry shampoo showed quantifiable levels of benzene.
The petition urges the FDA to “expeditiously request recalls” on the affected batches of products containing benzene and better define limits for benzene contamination in other products.
The FDA normally takes 180 days to respond to a citizen petition.
The World Health Organization and the International Agency for Research on Cancer have classified benzene as a Group 1 compound, defining it as “carcinogenic to humans.” The FDA currently lists it as a “Class 1 solvent.”
Copyright 2022 Gray Media Group, Inc. CNN Newsource contributed to this report. All rights reserved. | https://www.kswo.com/2022/11/03/benzene-found-more-dry-shampoo-products-report-says/ | 2022-11-03 12:59:19 | 0 | https://www.kswo.com/2022/11/03/benzene-found-more-dry-shampoo-products-report-says/ |
BERLIN (AP) — German Chancellor Olaf Scholz said Wednesday that he wants to discuss the outlines of a “Marshall plan for Ukraine” with the leaders of the Group of Seven countries at their upcoming summit in Germany.
Scholz hopes for a united front on long-term support for Ukraine when he hosts the annual G-7 summit in Bavaria next week. The group of the world’s leading economic powers is made up of the U.S., France, Germany, Italy, the U.K., Canada and Japan.
The chancellor told Germany’s parliament that “rebuilding Ukraine will be a task for generations.” Recalling his visit last week to Irpin, a Kyiv suburb that saw intense fighting, he said that “some things there remind not just me of the pictures of German cities after World War II.”
Like Europe then, “Ukraine today needs a Marshall plan for its rebuilding,” Scholz said — referring to the U.S.-sponsored plan that helped revive European economies after WWII.
Billions of dollars will be needed to finance rebuilding over years, and that can only work if European nations, other major donor countries and international organizations work together, Scholz said. He has invited Ukrainian President Volodymyr Zelenskyy to discuss the matter with the G-7 leaders by video link on Monday.
Aside from funding, “one thing is really decisive — we must agree … what such a ‘Marshall plan for Ukraine’ can look like,” he added. “How we coordinate it internationally; how we decide together in the future what investments advance Ukraine fastest on its European path.”
Scholz said that, together with European Commission President Ursula von der Leyen, he will call for a high-ranking expert conference on Ukraine to be convened under the umbrella of Germany’s G-7 presidency.
European Union leaders are expect at a summit Thursday and Friday to grant Ukraine the status of a candidate for membership, kicking off a progress that will likely take years and whose success isn’t guaranteed.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine | https://fox59.com/news/national-world/ap-international/germanys-scholz-g7-to-discuss-marshall-plan-for-ukraine/ | 2022-06-23 07:50:28 | 1 | https://fox59.com/news/national-world/ap-international/germanys-scholz-g7-to-discuss-marshall-plan-for-ukraine/ |
NEW YORK, Aug. 5, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of Celsius Financial Products, including CEL Tokens, Earn Rewards high-interest accounts, and/or Celsius Loan products, between February 9, 2018, and June 13, 2022, inclusive (the "Class Period"), against Celsius Network LLC ("Celsius"), Celsius Lending LLC, Celsius KeyFi LLC (collectively, the "Celsius Entities") and its executives Alexander Mashinsky, Shlomi "Daniel" Leon, David Barse, and Alan Jeffrey Carr (together, "Defendants"), of the important September 13, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Celsius Financial Products, including CEL Tokens, Earn Rewards high-interest accounts, and/or Celsius Loan products you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=7586 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 13, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, Defendants violated provisions of the Securities Act by selling non-exempt securities without registering it. The complaint alleges that Celsius and Individual Defendants violated provisions of the Securities Act by also participating in Celsius' failure to register the Celsius Financial Products. The complaint alleges that the Defendants violated provisions of the New Jersey Common Law by possessing the monetary value of Celsius Financial Products of inflated value which rightfully belongs to the Plaintiff and members of the Class.
Also according to the lawsuit, Defendants violated provisions of the Exchange Act by carrying out a plan, scheme, and course of conduct that Celsius intended to and did deceive retail investors and thereby caused them to purchase Celsius Financial Products at artificially inflated prices; endorsed false statements they knew or recklessly should have known were material misleading, and they made untrue statements of material fact and omitted to state material facts necessary to make the statements made not misleading.
To join the Celsius class action, go to https://rosenlegal.com/submit-form/?case_id=7586 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.wlbt.com/prnewswire/2022/08/05/rosen-leading-law-firm-encourages-celsius-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-cel/ | 2022-08-05 23:48:03 | 1 | https://www.wlbt.com/prnewswire/2022/08/05/rosen-leading-law-firm-encourages-celsius-investors-with-losses-secure-counsel-before-important-deadline-securities-class-action-cel/ |
Danes: Nord Stream 2 pipeline seems to have stopped leaking
COPENHAGEN, Denmark (AP) — The Danish Energy Agency says one of two ruptured natural gas pipelines in the Baltic Sea appears to have stopped leaking natural gas.
The agency said on Twitter on Saturday that it had been informed by the company operating the Nord Stream 2 pipeline that pressure appears to have stabilized in the pipeline, which runs from Russia to Germany.
“This indicates that the leaking of gas in this pipeline has ceased,” the Danish Energy Agency said.
Undersea blasts that damaged the Nord Stream I and 2 pipelines this week have led to huge methane leaks. Nordic investigators said the blasts have involved several hundred pounds of explosives.
Russian President Vladimir Putin on Friday accused the West of sabotaging the Russia-built pipelines, a charge vehemently denied by the United States and its allies.
The U.S.-Russia clashes continued later at an emergency meeting of the U.N. Security Council in New York called by Russia on the pipelines attacks and as Norwegian researchers published a map projecting that a huge plume of methane from the damaged pipelines will travel over large swaths of the Nordic region.
Speaking Friday in Moscow, Putin claimed that “Anglo-Saxons” in the West have turned from imposing sanctions on Russia to “terror attacks,” sabotaging the pipelines in what he described as an attempt to “destroy the European energy infrastructure.”
In Washington, U.S. President Joe Biden dismissed Putin’s pipeline claims as outlandish.
“It was a deliberate act of sabotage. And now the Russians are pumping out disinformation and lies. We will work with our allies to get to the bottom (of) precisely what happened,” Biden promised. “Just don’t listen to what Putin’s saying. What he’s saying we know is not true.”
U.S. officials said the Putin claim was trying to shift attention from his annexation Friday of parts of Ukraine.
“We’re not going to let Russia’s disinformation distract us or the world from its transparently fraudulent attempt to annex sovereign Ukrainian territory,” White House National Security Council spokeswoman Adrienne Watson said Friday.
European nations, which have been reeling under soaring energy prices caused by Russia’s invasion of Ukraine, have noted that it is Russia, not Europe, that benefits from chaos in the energy markets and spiking prices for energy.
The U.S. has long opposed to the two pipelines and had repeatedly urged Germany to halt them, saying they increased Europe’s energy dependence on Russia and decreased its security. Since the war in Ukraine began in February, Russia has cut back supplies of natural gas sent to Europe to heat homes, generate electricity and run factories. European leaders have accused Putin of using “energy blackmail” to divide them in their strong support for Ukraine.
The attacks on the pipelines have prompted energy companies and European governments to beef up security around energy infrastructure.
___
Follow all AP stories about climate change issues at https://apnews.com/hub/climate-and-environment and stories about the war in Ukraine at https://apnews.com/hub/russia-ukraine.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wlbt.com/2022/10/01/danes-nord-stream-2-pipeline-seems-have-stopped-leaking/ | 2022-10-01 18:02:44 | 0 | https://www.wlbt.com/2022/10/01/danes-nord-stream-2-pipeline-seems-have-stopped-leaking/ |
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