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Tec Centro York will offer educational, linguistic and job skills training to underserved individuals
YORK, Pa., Aug. 16, 2022 /PRNewswire/ -- M&T Bank is donating a recently closed bank branch in York to the Spanish American Civic Association (SACA) to create a new workforce development center that will help underemployed and unemployed residents find jobs in high-demand fields such as health care, construction, culinary arts and building maintenance.
Tec Centro York will provide basic adult education, linguistic and job skills training and career counseling to individuals in historically underserved communities – including York's Hispanic and Latino residents. SACA, a 501(c)3 organization based in Lancaster, Pa., has partnered with the York Community Resource Center, a nonprofit that offers vocational and technical training, to administer the workforce development programs offered at Tec Centro York.
The new center, located in M&T's former bank branch at 800 E. Market St. in York, is scheduled to open during the second quarter of 2023. M&T closed the bank branch July 29 and consolidated operations into its branch at 21 E. Market St., fewer than 2 miles away. A full-service M&T ATM that accepts deposits and distributes withdrawals will remain available to bank customers outside the Tec Centro York building at 800 E. Market St.
"When we made the difficult decision to consolidate two neighboring bank branches into one facility, we knew we had to give the building to an organization that would use it to benefit the York community," said Tom Koppmann, M&T's regional president for Southeast Pennsylvania. "In SACA, we found the perfect partner to provide residents of York with the resources and skills they need to improve their lives and provide for their families. We can't wait to see how Tec Centro York helps to transform the communities it serves."
The building at 800 E. Market St. will be transferred to the York Community Resource Center, which will replicate the Tec Centro workforce development model SACA started in Lancaster in 2014. In fact, Tec Centro York will be the second replication of Tec Centro. In 2021, Tec Centro Berks opened in Reading, Pa.
The Tec Centro centers typically place most of their students in jobs following training. Those jobs can include certified nurse aid, dental assistant, medical assistant, bank teller, commercial/industrial electrician, plumber, facility maintenance, HVAC and culinary arts.
"SACA and Tec Centro are immensely grateful for collaborative partnerships, like that of M&T Bank," said Carlos Graupera, Founder and CEO of SACA and SACA Development. "This is a powerful example of a business using its resources and expertise to work alongside other organizations to amplify the community's access to and effectiveness of our workforce development programs."
About M&T
M&T Bank Corporation is a financial holding company headquartered in Buffalo, New York. M&T's principal banking subsidiary, M&T Bank, provides banking products and services in 12 states across the northeastern U.S. from Maine to Virginia and Washington, D.C. Trust-related services are provided in select markets in the U.S. and abroad by M&T's Wilmington Trust-affiliated companies and by M&T Bank. For more information about M&T Bank, visit www.mtb.com.
About SACA
SACA uplifts and restores marginalized communities through human, economic, and social services, while supporting cultural identities. Communities supported by SACA are all-inclusive, empowered to prosper through sustained social and economic transformation, and the belief that diversity is to be embraced and celebrated. Our programming focuses on five key areas: Workforce Development, Human Services, Behavioral Health, Affordable Housing & Commercial Development, Public Broadcasting. Learn more about SACA and its services by visiting www.sacapa.org.
© 2022 M&T Bank. Member FDIC.
Media Contact:
Scott Graham
(410) 244-4097
sgraham1@mtb.com
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SOURCE M&T Bank | https://www.mysuncoast.com/prnewswire/2022/08/16/mampt-bank-donates-former-bank-building-new-workforce-development-center-york/ | 2022-08-16T16:36:52Z |
NEWFANE, N.Y. (WIVB) — There’s beef between farmers and a local animal sanctuary in Niagara County, New York.
Earlier this month, two cows found their way to Asha’s Farm Sanctuary in Newfane, according to owner Tracy Murphy.
Scott Gregson, who owns McKee Farms just down the road, said the cows are his, but the sanctuary does not want to give the cows back.
“How could anyone expect that we would hand over the animals when we feel we’re in our legal right, right now, to hang on to these animals?” Murphy told WIVB. “And we’re a sanctuary. We don’t want to hand over these animals that are going to go into slaughter.”
The dispute is upsetting local farmers who are demanding Asha’s Farm Sanctuary release the beef.
“It should’ve been given back to the owner,” said Nancy Fawcett, who owns a nearby farm. “Other people have had cows or horses get loose and people make sure they get back where they belong and stuff, and why she kept them, beyond me. That just didn’t make any sense; that’s not what you do.”
“I hope it teaches people a lesson not to mess with farmers,” Ed Petitt said while holding a sign in front of the sanctuary. “I’ll tell you that much. This is ridiculous. This is people’s livelihood, it’s food on the table. It’s food to feed their families. This isn’t right.”
“Nothing against her, what she does, her business, and what she chooses to do for the good of injured and helping other animals. But in this case, she’s stolen two cows and she needs to give them back to the rightful owner,” said Laurie Andrews-Skinner, who lives in the neighborhood.
Gregson said he could not comment on the case while police investigate but said he is thankful for people’s support.
“It really means a lot to us. This is a very stressful time for our family right now with what we’re going through, and I just can’t thank them enough,” Gregson said. | https://cw33.com/news/beefing-animal-sanctuary-wont-return-2-stray-cows-to-farm/ | 2022-07-28T17:30:25Z |
COLUMBUS, Ohio (AP) — With its vaunted offense bogged down, No. 2 Ohio State leaned on its revamped defense in a top-five opener against a former Buckeye that tested its toughness.
C.J. Stroud threw two touchdown passes and Ohio State shut out No. 5 Notre Dame over the final 42 minutes in a gritty 21-10 victory on Saturday night.
“The story of the night was the defense, to turn around and play the way they did after what’s been said about them in the offseason, questioning their toughness, and play the way they did against the No. 5 team in the country … I thought the energy was off the charts for the defense tonight,” Ohio State coach Ryan Day said.
The first regular-season meeting of the storied programs since 1996 was a homecoming for first-year Notre Dame coach Marcus Freeman. The former Buckeyes linebacker has made a meteoric rise to lead the Fighting Irish at the age of 36.
Freeman is 0-2 as a head coach after losing a bowl game just weeks after being named Brian Kelly’s successor.
The Irish hung with the high-scoring Buckeyes for most of three quarters, frustrating Heisman Trophy finalist Stroud and putting together a couple of first-half scoring drives.
“We battled for 2 1/2 quarters, but then they scored with 17 seconds left in the third and we didn’t respond,” Freeman said.
Ohio State’s defense, too generous against the run last season, put the clamps on the Irish and new starting quarterback Tyler Buchner in the second half.
“We were called soft all last year and we had to sit there and just eat,” Ohio State defensive back Lathan Ransom said.
Day turned over his defensive staff in the offseason, bringing in Jim Knowles from Oklahoma State to be coordinator.
How quickly the Buckeyes would pick up a scheme that is considered more complicated and multiple than the one they have been running was an open question.
Looked good in Game 1. The Irish managed just 253 yards and punted on their last six possessions. Tommy Eichenberg had two of Ohio State’s three sacks.
“We got a lot to prove. And everyone just played extremely confident, too,” Eichenberg said.
The Irish D could only hold up for so long.
On a third-and-long, Notre Dame brought multiple blitzers and Ohio State gave Stroud plenty of time to find Xavier Johnson open down the vacated deep middle for a 24-yard score. That put the Buckeyes up 14-10 with 17 seconds left in the third quarter.
On its next drive, Ohio State asserted itself. The Buckeyes went 95 yards on 14 plays, killing seven minutes off the clock and making it 21-10 on a 1-yard surge by Miyan Williams.
Williams ran for 84 yards on 14 carries and TreVeyon Henderson had 91 on 15 attempts.
Ohio State led the nation in scoring and yards per play last season, but for much of the night it was a slog for Stroud. And Day seemed thrilled to see his team endure.
“We wanted to be known as something other than talented,” Day said.
Playing mostly without star receiver Jaxon Smith-Njigba, who took a hard hit on the first series, Stroud threw for 223 yards, including a 31-yard TD to Emeka Egbuka to make it 7-3 in the first quarter.
But that was it for the Buckeyes in the first half.
Buchner and the Irish responded with a long drive capped by Audric Etime’s 1-yard touchdown leap in the second quarter to put the Irish up 10-7.
That’s how it went to the half. Things could not have gone much better for Freeman to that point in his return to Ohio Stadium, but it turned out that was as good as it would get.
TAKEAWAY
Notre Dame: Buchner completed his first eight passes and then went 2 for 10 the rest of the way. The Irish got creative and made some big catches in the first half to move the ball but ran out of answers.
“Ohio State’s a really talented team, they’re defense is awesome and you can’t give the ball back to their offense, so when it wasn’t clicking in the second half, it killed us,” Buchner said.
Ohio State: Smith-Njigba, last seen setting Rose Bowl records, finished with two catches for 3 yards. The Buckeyes boast receiver room filled with blue-chippers, but it was Johnson, a fifth-year senior and former walk-on, who caught the go-ahead touchdown.
Johnson followed up his first career touchdown with a big tackle on the ensuing kickoff.
“He’s kind of a throwback player,” Day said. “And for him to come in and play in that moment in this game right here, I just couldn’t be happier for him. Because it shows you that good things happen to good people who work hard.”
STAR STUDDED
Ohio State honored its 2002 national championship during a quick on-the-field ceremony in the first half with former coach Jim Tressel and dozens of former players, including Maurice Clarett.
Tressel reluctantly was hoisted on to the shoulders of two former players and the crowd roared.
The first game in the 100th season of Ohio Stadium drew 106,549 fans and attracted LeBron James and his son, Bronny, to the Ohio State sideline. With the NFL season a week away, former Buckeyes Justin Fields and Chase Young were among a host of active professional players in attendance, too.
NEXT UP
Notre Dame: The first home game for Freeman is next week against Marshall.
Ohio State: Arkansas State visits the Buckeyes.
___
Follow Ralph D. Russo at https://twitter.com/ralphDrussoAP and listen at http://www.appodcasts.com
___
More AP college football: https://apnews.com/hub/college-football and https://twitter.com/AP_Top25. Sign up for the AP’s college football newsletter: https://apnews.com/cfbtop25 | https://cw33.com/sports/ap-sports/ap-no-2-ohio-state-wears-down-no-5-notre-dame-21-10/ | 2022-09-04T18:17:13Z |
Bus crash in Zimbabwe kills 35 churchgoers
By Nimi Princewill and Sarah Diab, CNN
Thirty-five people have died after a bus carrying more than 100 members of the Zion Christian Church crashed Thursday night near the town of Chimanimani, in eastern Zimbabwe, according to the Zimbabwe Republic Police (ZRP).
The fatal accident occurred at around 10 p.m. local time (4 p.m.ET), when the bus carrying 106 members of the church “went out of the road and fell into a gorge,” the ZRP said on Twitter.
Police also said 71 people were injured in the accident.
“The bodies of the victims were taken to Chipinge Hospital for post-mortem while the injured were referred to the same institution for treatment, with 13 being critically injured,” ZRP said.
Road traffic crashes, including fatal accidents, have been on the increase in Zimbabwe, according to official figures.
Zimbabwe’s official road traffic death rate rose from 1,836 in 2016 to an average of 2,000 fatalities per year between 2017 and 2019, averaging over five deaths per day, according to the Traffic Safety Council of Zimbabwe (TSCZ). The World Health Organization estimates that the true figure could be three times higher, according to a recent United Nations report.
Zimbabwe loses an average of 3% of its gross domestic product yearly to road crashes, the TSCZ said in 2017.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/national-world/cnn-europe-mideast-africa/2022/04/15/bus-crash-in-zimbabwe-kills-35-churchgoers/ | 2022-04-15T17:40:01Z |
The equity transaction includes multiple commercial and industrial-scale solar energy projects located across 10 states
SAN FRANCISCO and ANNAPOLIS, Md., June 8, 2022 /PRNewswire/ -- ForeFront Power, a leading developer and asset manager of commercial and industrial-scale solar energy and storage projects, has partnered with Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong") (NYSE: HASI), a leading investor in climate solutions, to create an equity investment platform for the shared ownership of a 131 MW portfolio of distributed solar and solar-plus-storage projects.
The projects in the portfolio are located in 10 states: California, Colorado, Illinois, Iowa, Massachusetts, Michigan, New York, Oregon, Texas, and Virginia. Many of the projects are already completed and energized, while the remainder are in development and scheduled for energization in 2022. ForeFront Power will continue to steward customer relationships across the entire portfolio and provide its customers and co-sponsor with ongoing energy asset management services. CohnReznick Capital served as financial advisor to ForeFront Power on the transaction.
"This equity partnership is another indication of strong market momentum for distributed solar generation in the U.S.," said Bryan Eckstein, ForeFront Power's Vice President, Project Finance & Business Development. "Partnering with Hannon Armstrong accelerates ForeFront Power's development pipeline by providing an additional source of capital for our climate change solutions that deliver customer savings."
"We are pleased to be an equity capital partner with ForeFront Power and support the continued expansion of their C&I solar business across the U.S.," said Manny Haile-Mariam, Hannon Armstrong's Managing Director, Structured Investments Team Lead. "This high-quality portfolio of behind-the-meter solar projects further diversifies our investment in the distributed generation market, which is critical for reducing carbon emissions and strengthening energy security and resilience at the same time."
ForeFront Power is a leading North American developer of solar and energy storage solutions for commercial, industrial, public sector and community solar customers. The ForeFront Power team has 15 years of experience working together to develop more than 1,300 behind-the-meter and community solar and storage projects, totaling more than 1 gigawatt-DC of renewable electricity. Headquartered in San Francisco, with offices in New York City and Mexico City, the company offers business, government, education and community solar customers in the U.S. and Mexico a broad array of development, advisory and asset management services. ForeFront Power is a wholly owned subsidiary of Mitsui & Co. Ltd., a global energy infrastructure and investment leader with a robust balance sheet and an "A" credit rating from Standard & Poor's. For more information, visit forefrontpower.com.
Hannon Armstrong (NYSE: HASI) is the first U.S. public company solely dedicated to investments in climate solutions, providing capital to assets developed by leading companies in energy efficiency, renewable energy, and other sustainable infrastructure markets. With more than $9 billion in managed assets, our core purpose is to make climate positive investments with superior risk-adjusted returns. For more information, please visit hannonarmstrong.com or follow us on Twitter and Linkedin.
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SOURCE ForeFront Power | https://www.kxii.com/prnewswire/2022/06/08/forefront-power-secures-co-sponsor-equity-financing-hannon-armstrong-131-mw-portfolio-us-distributed-solar-solar-plus-storage-projects/ | 2022-06-08T12:05:37Z |
Riverview High teacher gets national award
SARASOTA, Fla. (WWSB) - A Riverview High School math teacher was named a national Milken Educator Award recipient Tuesday.
Hernandez is among more than 60 educators in the U.S. who will receive the award during the 2021-22 school year. Hernandez is the first recipient from Sarasota County Schools since 2002.
Hernandez is credited with driving students’ interest and passing rates of her Advanced Placement statistics class above the state average.
Hernandez serves on the instructional leadership team at the school, RHS, heads the Positive Behavioral Interventions and Supports data team, is a member of the district’s leadership academy, and delivers professional learning on student engagement and instructional technology.
She helped design and implement the Freshmen Transition course, which integrates character education, resiliency and communication skills into the ninth grade curriculum. Hernandez oversees activities and student government representation as the advisor for the Freshman Board and led a schoolwide effort to create a monthly character-driven recognition program for students and teachers.
Milken Award recipients are heralded in their early to mid-career for what they have achieved — and for the promise of what they will accomplish given the resources and opportunities inherent in the Award.
In an announcement on the Milken website, Hernandez was praised for her support of students. “Every day as they step foot in her classroom, they are met with reminders from a bulletin board bearing motivational sticky notes. ‘You are enough.’’ ‘You’ve got this.’ Her positive attitude fosters an environment where students challenge themselves to work hard, driving steadily rising AP Statistics pass rates that have surpassed the state.”
The award comes with an unrestricted $25,000 cash prize. In June, honorees will attend an all-expenses-paid forum in Los Angeles, where they will network with their new colleagues as well as veteran Milken Educators and other education leaders about how to increase their impact on K-12 education.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/04/05/riverview-high-teacher-gets-national-award/ | 2022-04-07T10:59:36Z |
BRIDGEWATER, N.J., Sept. 7, 2022 /PRNewswire/ -- New technology is making hotel safety easier and more efficient than ever before. With the continuation of Hotel Panic Button laws going into effect, hotels are looking for a simpler cost-effective solution to keep their staff safe. For the purpose of a safer hotel, panic buttons are distributed among employees and provide immediate on-scene assistance to the room the employee is working in. To make this solution as cost-effective and simple, the key has been finding an interface that makes security straightforward while providing a budget-friendly solution that benefits both the hotel and the staff.
REVLAB Technology LLC has developed new technology making safety more time efficient. With the development of the latest iteration, users are able to contact emergency services through a simple click of a button. This solution allows for a direct connection with emergency responders while also cutting down the time in doing so. The low cost per room price offered by REVLAB allows hotels a budget-friendly solution to help them bring higher standards of safety to their staff.
The REVLAB's Panic Button solution allows for staff to use a sleek designed smartphone device that is equipped with essential apps that optimize its usage for safety. Vincent Vignali, the Chief R&D Officer has this to say about the solution…
"By utilizing smartphones, we give our customers the ability to use our devices for more than just a Panic Button. They can install a walkie-talkie, property management system, or even a team group chat application. Overall, the value of our phones is much greater than any single-purpose devices on the market."
Panic Button System Key Points:
- How it works…
- Installed by hotel staff within less than a day
- Remote support
- No added installation fees
- Extendible solution (Utilize other apps on the phones)
- Very low-cost recurring fee starting around $1 to $2/room/month
As similar legislation waits to be approved in other states across the nation. REVLAB remains ready to accommodate a growing market of Panic Button users to ensure safety nationwide!
Request Quote: contact@revlabtech.com
Learn more: https://www.revlabtech.com/hotel-panic-button
Media Contact:
contact@revlabtech.com
(908) 521-2156
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SOURCE REVLAB Technology LLC | https://www.wibw.com/prnewswire/2022/09/07/revlab-panic-button-safety-efficiency-compliance/ | 2022-09-07T15:14:25Z |
SAN DIEGO, Sept. 7, 2022 /PRNewswire/ -- Sempra (NYSE: SRE) (BMV: SRE) today announced that its board of directors has declared a $1.145 per share quarterly dividend on the company's common stock, which is payable Oct. 15, 2022, to common stock shareholders of record at the close of business on Sept. 23, 2022.
Sempra's board of directors also declared a semi-annual dividend of $24.375 per share on the company's 4.875% Fixed-Rate Reset Cumulative Redeemable Perpetual Preferred Stock, Series C, which is payable Oct. 15, 2022, to Series C preferred stock shareholders of record at the close of business on Oct. 1, 2022.
About Sempra
Sempra's mission is to be North America's premier energy infrastructure company. The Sempra family of companies have 20,000 talented employees who deliver energy with purpose to nearly 40 million consumers. With more than $72 billion in total assets at the end of 2021, the San Diego-based company is the owner of one of the largest energy networks in North America helping some of the world's leading economies move to cleaner sources of energy. The company is helping to advance the global energy transition through electrification and decarbonization in the markets it serves, including California, Texas, Mexico and the LNG export market. Sempra is consistently recognized as a leader in sustainable business practices and for its long-standing commitment to building a high-performing culture focused on safety, workforce development and training, and diversity and inclusion. Sempra is the only North American utility sector company included on the Dow Jones Sustainability World Index and was also named one of the "World's Most Admired Companies" for 2022 by Fortune Magazine. For additional information about Sempra, please visit Sempra's website at sempra.com and on Twitter @Sempra.
This press release contains statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on assumptions with respect to the future, involve risks and uncertainties, and are not guarantees. Future results may differ materially from those expressed or implied in any forward-looking statements. These forward-looking statements represent our estimates and assumptions only as of the date of this press release. We assume no obligation to update or revise any forward-looking statement as a result of new information, future events or other factors.
In this press release, forward-looking statements can be identified by words such as "believes," "expects," "intends," "anticipates," "contemplates," "plans," "estimates," "projects," "forecasts," "should," "could," "would," "will," "confident," "may," "can," "potential," "possible," "proposed," "in process," "construct," "develop," "opportunity," "target," "outlook," "maintain," "continue," "progress," "advance," "goal," "aim," "commit," or similar expressions, or when we discuss our guidance, priorities, strategy, goals, vision, mission, opportunities, projections, intentions or expectations.
Factors, among others, that could cause actual results and events to differ materially from those expressed or implied in any forward-looking statement include risks and uncertainties relating to: California wildfires, including the risks that we may be found liable for damages regardless of fault and that we may not be able to recover all or a substantial portion of costs from insurance, the wildfire fund established by California Assembly Bill 1054, in rates from customers or a combination thereof; decisions, investigations, regulations, issuances or revocations of permits and other authorizations, renewals of franchises, and other actions by (i) the California Public Utilities Commission (CPUC), Comisión Reguladora de Energía, U.S. Department of Energy, U.S. Federal Energy Regulatory Commission, Public Utility Commission of Texas, and other regulatory and governmental bodies and (ii) the U.S., Mexico and states, counties, cities and other jurisdictions therein and in other countries in which we do business; the success of business development efforts, construction projects and acquisitions and divestitures, including risks in (i) being able to make a final investment decision, (ii) completing construction projects or other transactions on schedule and budget, (iii) realizing anticipated benefits from any of these efforts if completed, and (iv) obtaining the consent or approval of partners or other third parties, including governmental and regulatory bodies; civil and criminal litigation, regulatory inquiries, investigations, arbitrations, property disputes and other proceedings, including those related to the natural gas leak at Southern California Gas Company's (SoCalGas) Aliso Canyon natural gas storage facility; changes to laws and regulations, including certain of Mexico's laws and rules that impact energy supplier permitting, energy contract rates, the electricity industry generally and the import, export, transport and storage of hydrocarbons; cybersecurity threats, including by state and state-sponsored actors, to the energy grid, storage and pipeline infrastructure, information and systems used to operate our businesses, and confidentiality of our proprietary information and personal information of our customers and employees, including ransomware attacks on our systems and the systems of third-parties with which we conduct business, all of which have become more pronounced due to recent geopolitical events and other uncertainties, such as the war in Ukraine; failure of foreign governments, state-owned entities and our counterparties to honor their contracts and commitments; actions by credit rating agencies to downgrade our credit ratings or to place those ratings on negative outlook and our ability to borrow on favorable terms and meet our debt service obligations; the impact of energy and climate policies, laws, rules and disclosures, as well as related goals and actions of companies in our industry, including actions to reduce or eliminate reliance on natural gas generally and any deterioration of or increased uncertainty in the political or regulatory environment for California natural gas distribution companies and the risk of nonrecovery for stranded assets; the pace of the development and adoption of new technologies in the energy sector, including those designed to support governmental and private party energy and climate goals, and our ability to timely and economically incorporate them into our businesses; weather, natural disasters, pandemics, accidents, equipment failures, explosions, acts of terrorism, information system outages or other events that disrupt our operations, damage our facilities and systems, cause the release of harmful materials, cause fires or subject us to liability for damages, fines and penalties, some of which may be disputed or not covered by insurers, may not be recoverable through regulatory mechanisms or may impact our ability to obtain satisfactory levels of affordable insurance; inflationary and interest rate pressures, volatility in foreign currency exchange rates and commodity prices, our ability to effectively hedge these risks, and their impact, as applicable, on San Diego Gas & Electric Company's (SDG&E) and SoCalGas' cost of capital and the affordability of customer rates; the availability of electric power, natural gas and natural gas storage capacity, including disruptions caused by failures in the transmission grid or limitations on the withdrawal of natural gas from storage facilities; the impact of the COVID-19 pandemic on capital projects, regulatory approvals and the execution of our operations; the impact at SDG&E on competitive customer rates and reliability due to growth in distributed and local power generation, including from departing retail load resulting from customers transferring to Community Choice Aggregation and Direct Access, and the risk of nonrecovery for stranded assets and contractual obligations; Oncor Electric Delivery Company LLC's (Oncor) ability to eliminate or reduce its quarterly dividends due to regulatory and governance requirements and commitments, including by actions of Oncor's independent directors or a minority member director; changes in tax and trade policies, laws and regulations, including tariffs, revisions to international trade agreements and sanctions, such as those that have been imposed and that may be imposed in the future in connection with the war in Ukraine, which may increase our costs, reduce our competitiveness, impact our ability to do business with certain counterparties, or impair our ability to resolve trade disputes; and other uncertainties, some of which are difficult to predict and beyond our control.
These risks and uncertainties are further discussed in the reports that Sempra has filed with the U.S. Securities and Exchange Commission (SEC). These reports are available through the EDGAR system free-of-charge on the SEC's website, www.sec.gov, and on Sempra's website, www.sempra.com. Investors should not rely unduly on any forward-looking statements.
Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor and Infraestructura Energética Nova, S.A.P.I. de C.V. (IEnova) are not the same companies as the California utilities, SDG&E or SoCalGas, and Sempra Infrastructure, Sempra Texas, Sempra Mexico, Sempra Texas Utilities, Oncor and IEnova are not regulated by the CPUC.
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SOURCE Sempra | https://www.wibw.com/prnewswire/2022/09/07/sempra-declares-common-preferred-dividends/ | 2022-09-07T22:49:14Z |
OTTAWA, ON, Aug. 11, 2022 /PRNewswire/ - Tetra Bio-Pharma Inc. ("Tetra" or the "Company") (TSX: TBP) (OTCQB: TBPMF) (FRA: JAM1), a leader in cannabinoid-based drug discovery and development, announced today that it has entered into a subscription agreement (the "Subscription Agreement") with Global Corporate Finance Opportunities 16 (the "Investor"), an investment vehicle advised by Alpha Blue Ocean Inc. ("ABO"), whereby Tetra has agreed to issue to the Investor (i) senior unsecured convertible debentures ("Debentures") in the aggregate principal amount of up to $6,000,000, and (ii) warrants ("Warrants") to purchase common shares ("Common Shares") in the capital of the Company (collectively, the "Offering").
Created in 2017, ABO is a pioneer in alternative financings, providing innovative financing solutions for companies across the globe. In less than 5 years, ABO, founded by Pierre Vannineuse, has executed more than €1.5 billion in financial commitments and more than 90 transactions, with a high focus on the life science sector.
"The Company is pleased to announce our financing agreement with Alpha Blue Ocean," says Guy Chamberland, CEO of Tetra. "This agreement gives us capital to fund our operations and further pursue the development of our drug candidates".
"We are excited to partner with Tetra, a leader in cannabinoid-based drug discovery and development," says Amine Nedjai, CEO of ABO. "This financing agreement, ABO's first on the TSX, will provide funds for the Tetra team to accelerate its drug development pipeline."
The Investor has agreed to subscribe for up to $6,000,000 aggregate principal amount of Debentures and accompanying Warrants. The Debentures will be convertible into, and the Warrants will be exercisable for, Common Shares, at prices to be determined at each closing of the 15 separate tranches (each, a "Tranche") pursuant to which the Debentures and accompanying Warrants are issuable.
Upon closing of each Tranche, the Company will issue the Debentures in the principal amount of $400,000.
The subscription price for each Debenture is 100% of its face value and the Debentures will not bear interest. Each Debenture matures 12 months following the applicable issue date (the "Maturity Date").
The Debentures will be automatically converted into such number of Common Shares as is equal to the aggregate principal amount of the Debentures being converted, divided by the applicable conversion price immediately following the earlier of: (i) five business days after delivery by the holder of a conversion notice, or (ii) the Maturity Date.
In the event of a default under the Debentures, the holder has the right to accelerate the Maturity Date and immediately convert all or any of its Debentures into Common Shares or to require the Company to immediately redeem in cash all or any of its Debentures. The Debentures may also, at Tetra's option, be redeemed in cash prior to the Maturity Date subject to a 5% premium.
Each Tranche will include three-year Warrants to acquire Common Shares of the Company at an exercise price equal to 130% of the volume weighted average price of the Common Shares on the Toronto Stock Exchange (the "Exchange") observed over the 5 trading days immediately preceding the date of issuance of the Warrants.
The closing of the first Tranche for $400,000 principal amount of Debentures (the "First Closing") is anticipated to close shortly and the closing of additional Tranches, if completed, will take place during the 36-month commitment period. Details of the conversion price for the Debentures, the number of Warrants and exercise price of the Warrants issued pursuant to the First Closing will be disclosed in a subsequent press release.
The Company will pay ABO commitment and service fees in the amount of $40,000 each in connection with the closing of each Tranche, representing $600,000 in fees in the aggregate assuming the completion of all 15 Tranches, or 10% of the full aggregate principal amount of the Debentures, and will reimburse ABO for its expenses in connection with the Offering.
The Company intends to use the net proceeds of the Offering to finance the manufacturing costs of its QIXLEEF drug candidate, to repay indebtedness and for working capital. The Offering and listing of the Common Shares issuable on the conversion of the Debentures and on the exercise of the Warrants have been conditionally approved by the Exchange. The Offering remains subject to the receipt of final approval of the Exchange.
The securities described herein have not been, and will not be, registered under the U.S. Securities Act or any state securities laws, and accordingly, may not be offered or sold within the United States or to, or for the account or benefit of U.S. persons (as defined in Regulation S under the U.S. Securities Act) except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release will not constitute an offer to sell or the solicitation of an offer to buy securities in the United States, nor will there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
The Toronto Stock Exchange has not approved the contents of this press release. Neither the Toronto Stock Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Toronto Stock Exchange) accepts responsibility for the adequacy or accuracy of this release.
Tetra Bio-Pharma (TSX: TBP) (OTCQB: TBPMF) (FRA:JAM1) is a leader in cannabinoid-derived drug discovery and development with a FDA and a Health Canada cleared clinical program aimed at bringing novel prescription drugs and treatments to patients and their healthcare providers. Tetra's evidence-based scientific approach has enabled them to develop a pipeline of cannabinoid-based drug products for a range of medical conditions, including pain, inflammation, and oncology. With patients at the core of what they do, Tetra is focused on providing rigorous scientific validation and safety data required for inclusion into the existing biopharma industry by regulators, physicians, and insurance companies.
For more information visit: www.tetrabiopharma.com
Some statements in this release may contain forward-looking information, including statements regarding the use of proceeds of the Offering and the listing of the Common Shares on the Toronto Stock Exchange. All statements, other than of historical fact, that address activities, events or developments that the Company believes, expects or anticipates will or may occur in the future (including, without limitation, statements regarding potential acquisitions and financings) are forward-looking statements. Forward-looking statements are generally identifiable by use of the words "may", "will", "should", "continue", "expect", "anticipate", "estimate", "believe", "intend", "plan" or "project" or the negative of these words or other variations on these words or comparable terminology. Forward-looking statements are subject to a number of risks and uncertainties, many of which are beyond the Company's ability to control or predict, that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements. Forward-looking statements in this news release include, among other things, statements about: the terms of the Offering and the Debentures and the Warrants issuable in connection therewith, including applicable maturity dates; the use of proceeds from the Offering; future issuances of Debentures and Warrants; the timing of any future Tranches, if any, and the satisfaction of the related closing conditions in connection therewith; and statements regarding management's expectations on the Company's future performance. Factors that could cause actual results or events to differ materially from current expectations include, among other things, without limitation, the inability of the Company to obtain sufficient financing to execute the Company's business plan, competition, regulation and anticipated and unanticipated costs and delays, the success of the Company's research and development strategies, including the success of this product or any other product, the applicability of the discoveries made therein, the successful and timely completion and uncertainties related to the regulatory process, the timing of clinical trials, the timing and outcomes of regulatory or intellectual property decisions, the risk that the conditions precedent to future Tranches are not satisfied, the risk that the conditions to the issuance of the Debentures pursuant to the Subscription Agreement will not be satisfied, the risk that the anticipated benefits from the receipt of funds from the Investor will not be realized as contemplated, or at all, and other risks disclosed in the Company's public disclosure record on file with the relevant securities regulatory authorities. Although the Company has attempted to identify important factors that could cause actual results or events to differ materially from those described in forward-looking statements, there may be other factors that cause results or events not to be as anticipated, estimated or intended. Readers should not place undue reliance on forward-looking statements. The forward-looking statements included in this news release are made as of the date of this news release and the Company does not undertake an obligation to publicly update such forward-looking statements to reflect new information, subsequent events or otherwise unless required by applicable securities legislation.
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SOURCE Tetra Bio-Pharma Inc. | https://www.kxii.com/prnewswire/2022/08/12/tetra-bio-pharma-inc-secures-6000000-financing-alpha-blue-ocean/ | 2022-08-12T03:25:21Z |
Whether it's pursuing a demanding career, eating better or maintaining friendships, accomplishing the feats we most desire requires a healthy foundation.
Living life to the fullest starts with paying attention to your body and mind.
"The long-term effects of good and bad health habits are cumulative. Simply stated, you cannot outrun your past," said Dr. William Roberts, a professor in the department of family medicine and community health at the University of Minnesota, via email.
Getting enough physical activity and seeing your doctor regularly is a good place to start, CNN Medical Analyst Dr. Leana Wen said.
"There's a lot of evidence about the things we can do proactively that can improve our longevity as well as the quality," said Wen, an emergency physician and visiting professor of health policy and management at the George Washington University Milken Institute School of Public Health.
Here are some habits worth implementing to give yourself the best chance at a longer, happier life.
1. Regular screenings
Young people tend to have fewer chronic illnesses than older ones, but prevention is key, Wen said. "If you screen positive for prediabetes, for example, there are steps that you can take to prevent progressing to diabetes."
Annual checkups also enable you and your doctor to get to know each other, she added. "The best time to see your physician is not when you already have symptoms and need help -- it's on a regular basis to build and establish that relationship so that your physician can get a baseline of your health."
2. Consistent physical activity
Getting enough physical activity can lower your risk of developing chronic conditions such as diabetes, obesity, hypertension, heart disease and stroke, Wen said.
"There's an overwhelming body of research that supports regular aerobic exercise for not only living longer but also to maintain cognitive function longer," said Dr. Nieca Goldberg, medical director of Atria New York City and clinical associate professor of medicine at New York University's Grossman School of Medicine.
The World Health Organization has recommended that adults get at least 150 minutes (2 ½ hours) of moderate-to-vigorous physical activity weekly, while pregnant people should do at least 150 minutes of moderate aerobic and strengthening per week.
3. A healthy BMI
Body mass index is a measurement of body fat that assesses a person's weight category and potential risk for health issues, according to the US Centers for Disease Control and Prevention.
Maintaining a healthy BMI can lengthen your life by more than a decade, a 2018 study found, and has been linked with a lower risk of dying from cardiovascular disease and cancer. Regular physical activity and eating healthy foods can help you with this goal.
4. Proper nutrition
Eating more plant-based foods provides a great source of antioxidants, Goldberg said. "Oxidation is a sign of stress in our system and can lead to changes in the buildup of plaque in the arteries and such," she said. "And this oxidation is also associated with aging."
You could extend your life by eating fewer red and processed meats and more fruits, vegetables, legumes, whole grains and nuts, according to a February study published in the journal PLOS Medicine. The potential benefits are especially strong if you start young -- women who began eating optimally at age 20 could increase life span by a little over 10 years, while men who start at the same age could add 13 years.
At mealtime, at least half your plate should consist of fruits and vegetables, Goldberg said. Also, what's important is "not only what's on the food, but how you prepare it," she added. "So baking and broiling is better than frying."
5. Pay attention to mental wellness
Mental health is often "such a neglected part of our overall health, but actually contributes a huge amount to overall health and well-being," Wen said.
The past few years have brought about stress and anxiety, which can affect blood pressure, sleep, dietary choices, alcohol intake or attempts to quit smoking, Goldberg said.
Carving out just 15 minutes for a bit of mental health hygiene can make your life easier, experts have said. Try taking deep breaths upon waking, being present with your morning coffee instead of being distracted, going for a walk, journaling and taking breaks from screens.
The benefits of these mindfulness practices come from lowering levels of cortisol, the stress hormone linked with health complications. Being able to regulate your emotions better -- which can be achieved with meditation -- has been associated with health resilience in older age.
6. Plenty of sleep
People who sleep less than seven hours nightly tend to have higher levels of stress hormones, blood sugar and blood pressure, Goldberg said.
You can improve the quality and quantity of your sleep by getting regular exercise and having good sleep hygiene. Keep your bedroom dark, quiet and cold at night, and only use it for sleep and sex.
7. Drinking less
"For a long time, people have been associating alcohol with a healthier heart," Goldberg said. But "heavy alcohol intake can actually be a direct toxin to the heart muscle and result in heart failure. And it also raises (blood sugar levels) and causes weight gain."
Avoiding too much alcohol can add at least several years to your life by lowering your risk for diabetes, cardiovascular disease, cancer and other chronic diseases, a 2020 study found.
8. Not smoking
"Smoking is a major risk factor that increases the likelihood of multiple cancers -- not just lung cancer but also things like breast cancer," Wen said. It also "increases the risk of heart disease, stroke and other conditions that shorten people's lives."
If you're a habitual smoker, it's not too late to quit to lengthen your life, Wen added.
9. Build strong relationships
Having close, positive relationships adds happiness and comfort to our lives and reduces stress, experts have said. Studies have shown that people who have satisfying relationships with family, friends and community have fewer health problems, live longer and experience less depression and cognitive decline later in life, according to Harvard Health.
If implementing all these habits feels like a lot, think of them as a gradual build, Wen said. "We may not be perfect on everything all the time," she said, "but (there are) things that we can do to improve in one or multiple dimensions, and we could commit to that kind of lifestyle improvement."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a Warner Bros. Discovery Company. All rights reserved. | https://www.albanyherald.com/features/health/9-keys-to-living-a-longer-happier-life/article_2ab8540a-bcf3-55a4-a7af-a4c7de085678.html | 2022-08-23T14:10:57Z |
VALCOURT, QC, Aug. 23, 2022 /PRNewswire/ - BRP Inc. (TSX: DOO) (NASDAQ: DOOO) reports that, following the recent cyberattack, information on certain employees and suppliers accessed by an unauthorized third party has been leaked on the dark web.
While the investigation is still ongoing, the evidence collected so far allows BRP to believe that the impact of this incident from a data privacy perspective should be limited, as mentioned in the press release issued on August 15, 2022.
BRP confirms that it has already contacted the very few employees who may have been impacted by the incident. The appropriate resources have been made available to them, including credit monitoring services. Based on the current status of its investigation, BRP also believes that the compromised information relating to certain of its suppliers is limited in quantity and sensitivity, and is in the process of contacting them.
At this time, the Company has no evidence that its clients' personal information would have been affected by the attack. Should the circumstances change, BRP would directly contact individuals or corporations impacted.
Certain information included in this release, including, but not limited to, the statements on the fact that the impact from this cyberattack was limited from a data privacy and confidentiality perspective and other statements that are not historical facts, are "forward-looking statements" within the meaning of Canadian and United States securities laws. Forward-looking statements are typically identified by the use of terminology such as "may", "will", "would", "should", "could", "expects", "forecasts", "plans", "intends", "trends", "indications", "anticipates", "believes", "estimates", "outlook", "predicts", "projects", "likely" or "potential" or the negative or other variations of these words or other comparable words or phrases. Forward looking statements, by their very nature, involve inherent risks and uncertainties and are based on several assumptions, both general and specific. BRP cautions that its assumptions may not materialize and that current economic conditions render such assumptions, although reasonable at the time they were made, subject to greater uncertainty. Such forward-looking statements are not guarantees of future performance and involve known and unknown risks, uncertainties and other factors which may cause the actual results or performance of BRP to be materially different from the outlook or any future results or performance implied by such statements. Further details and descriptions of these and other factors are disclosed in BRP's annual information form dated March 24, 2022.
We are a global leader in the world of powersports products, propulsion systems and boats built on 80 years of ingenuity and intensive consumer focus. Our portfolio of industry-leading and distinctive products includes Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft and pontoons, Can-Am on and off-road vehicles, Alumacraft and Quintrex boats, Manitou pontoons and Rotax marine propulsion systems as well as Rotax engines for karts and recreational aircraft. We complete our lines of products with a dedicated parts, accessories and apparel portfolio to fully enhance the riding experience. With annual sales of CA$7.6 billion from over 120 countries, our global workforce includes close to 20,000 driven, resourceful people.
Ski-Doo, Lynx, Sea-Doo, Can-Am, Rotax, Alumacraft, Manitou, Quintrex, and the BRP logo are trademarks of Bombardier Recreational Products Inc. or its affiliates. All other trademarks are the property of their respective owners.
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SOURCE BRP Inc. | https://www.wibw.com/prnewswire/2022/08/24/brp-provides-information-data-leak/ | 2022-08-24T03:19:23Z |
DALLAS (KDAF) — During the COVID-19 pandemic, people spent more time inside and realized they need to upgrade their interior design.
If that is you and you don’t have a large budget, DIY may be your best bet; and lucky for you, North Texas has the resources to help you.
Everything Eryn is a North Texas-based social media influencer who specializes in DIY content. From tile coffee tables to luxury desks to lamps, she has all the tips to make your place gorgeous while on a budget.
She currently has more than 560,000 followers on TikTok with some of her videos getting hundreds of thousands of views.
Yolonda Williams stopped by Eryn’s place to meet her and learn more about her career in DIY. You can find her content by clicking here. | https://cw33.com/news/fun-on-the-run-news/want-to-upgrade-your-living-space-without-spending-the-money-north-texas-tiktoker-everything-eryn-is-your-diy-guide/ | 2022-06-15T22:41:00Z |
Event will feature experts from SparkFun, Würth Elektronik, HARTING and Analog Devices
THIEF RIVER FALLS, Minn., May 26, 2022 /PRNewswire/ -- Digi-Key Electronics, which offers the world's largest selection of electronic components in stock for immediate shipment, will host a joint webinar in partnership with SparkFun, Würth Elektronik, HARTING and Analog Devices on Wednesday, June 8, at 11 a.m. CDT titled "Remotely Monitor Equipment in a Challenging Environment with Single-Pair Ethernet."
Single-Pair Ethernet (SPE) can significantly improve the ability to acquire and transmit data quickly and reliably, representing a major leap in technology to support industrial automation and other automation applications.
This presentation will cover:
- What SPE is and the benefits it offers
- Applications and case studies for SPE within the Industrial Internet of Things (IIoT) and industrial automation
- A demonstration of new SPE rapid prototyping tools to remotely monitor vibration and motor control in a challenging environment
As a bonus, the demo will take participants into the depths of the SparkFun headquarters to take a look at the river that runs under the building – which certainly requires monitoring.
"We are looking forward to highlighting SparkFun's just-announced Single-Pair Ethernet function board, which is now part of the MicroMod ecosystem for rapid prototyping and development," said David Sandys, director of technical marketing at Digi-Key. "This leading-edge solution has great potential for IIoT and industrial applications in challenging environments, and I'm excited to highlight the expertise from several of Digi-Key's valued suppliers on how SPE can be leveraged."
Presenters will include Kirk Benell, chief technology officer at SparkFun; Joachim Finke, head of global product management (network interface connectivity) at HARTING Group; Martin Leihenseder, senior specialist signal and communications, Würth Elektronik; and Fiona Treacy, marketing manager at Analog Devices.
To attend the webinar, submit a registration form. If you can't attend the live webinar, Digi-Key will send the recording after the event to those who register.
For more information about SparkFun's MicroMod Single-Pair Ethernet Function Board, Würth Elektronik, HARTING and Analog Devices, and to order from their product portfolios, visit the Digi-Key website.
About Digi-Key Electronics
Digi-Key Electronics, headquartered in Thief River Falls, Minn., USA, is recognized as both the leader and continuous innovator in the high service distribution of electronic components and automation products worldwide. As the original pioneer in this space, Digi-Key provides more than 13.4 million components from over 2,300 quality name-brand manufacturers with an industry-leading breadth and depth of product in stock and available for immediate shipment. Beyond the products that drive technology innovation, Digi-Key also supports design engineers and procurement professionals with a wealth of digital solutions and tools to make their jobs more efficient. Additional information can be found at digikey.com and on Facebook, Twitter, YouTube, Instagram and LinkedIn.
Editorial Contact
Megan Derkey
Bellmont Partners
+1 612-255-1115
digikey@bellmontpartners.com
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SOURCE Digi-Key Electronics | https://www.mysuncoast.com/prnewswire/2022/05/26/digi-key-electronics-host-webinar-single-pair-ethernet/ | 2022-05-26T14:57:30Z |
Thousands expected to participate in Women’s March for abortion access
March organizers are calling it a “Summer of Rage” following the Supreme Court’s overturning of Roe vs. Wade.
WASHINGTON (Gray DC) - “We won’t go back. Not now, not ever.” That’s the message of this year’s Women’s March in our nation’s capital following the Supreme Court’s overturning of Roe vs. Wade.
Thousands are anticipated to march Saturday in Washington in support of abortion access and women’s reproductive rights.
Rachel O’Leary Carmona is the Women’s March Executive Director. Organizers are calling this “A Summer of Rage.
“Tomorrow’s action was always about making asks and demands of the Biden administration,” said Carmona.
“This decision effects everyone,” said President Joe Biden at a press conference Friday.
The march will come one day after Biden signed an executive order to safeguard abortion access and other reproductive healthcare.
“I’m signing this important executive order,” he said. “I’m asking the Justice Department much like they did in the civil rights era to do something to do everything in their power to protect these women seeking to invoke their rights.”
The Biden administration is calling on Congress to restore Roe vs. Wade.
Democrats say they’re exploring legislation that would protect women’s health data, the right to travel freely, as well as re-introduce the Women’s Health Protection Act which would re-enforce abortion access.
The legislation failed in the Senate in May following its earlier passage in the House of Representatives.
After Biden’s signing of the executive order, House Speaker Nancy Pelosi announced the House will vote for a second time to pass the Women’s Health Protection Act as well as legislation to protect women who travel for abortion care.
Copyright 2022 Gray DC. All rights reserved. | https://www.wibw.com/2022/07/08/thousands-expected-participate-womens-march-abortion-access/ | 2022-07-08T20:34:27Z |
- Hyundai Hope Donates $25,000 to Emphasize Commitment to Child Passenger Safety Programs
- Hyundai, Children's Hospital of Savannah, and Safe Kids Savannah to Host Car Seat Safety Check Events
SAVANNAH, Ga., Sept. 12, 2022 /PRNewswire/ -- Hyundai Motor America announced its partnership with Memorial Health's Dwaine and Cynthia Willett Children's Hospital of Savannah and Safe Kids Savannah to support child passenger and driver education programs. The Memorial Health Dwaine & Cynthia Willett Children's Hospital of Savannah is the lead agency for Safe Kids Savannah, a local coalition of organizations and concerned individuals with the common goal of preventing accidental childhood injuries and deaths. Hyundai's donation will assist with consumer educational events, including upcoming car seat safety check events with Children's Hospital of Savannah and Safe Kids Savannah.
During the events, certified child passenger safety technicians will inspect car seats for expiration, manufacturer recalls, and/or proper fit of the seat for children. Families will receive a free replacement car seat, if needed. Technicians will also help caregivers and families learn how to select an appropriate child seat, install, and use it correctly.
"Proper education and installation of safety seats is critical to injury prevention of children, drivers, and others on the road," said Brian Latouf, global chief safety officer, Hyundai Motor Company. "We are proud to partner with the Children's Hospital of Savannah and share in the mission of bringing leading safety programs to make communities and roads safer for families."
According to NHTSA's Child Restraints Usage Study, an estimated 46 percent of car seats and booster seats are installed incorrectly or improperly used. Hyundai's partnership with Children's Hospital of Savannah will allow Safe Kids Savannah to help more families in need of assistance in southeast Georgia and continue its child passenger and driver safety efforts to support its goal of preventing accidental motor vehicle injuries.
Hyundai Hope
Hyundai Hope is a corporate social responsibility initiative from Hyundai Motor North America, committed to the principal of Progress for Humanity and the goal of improving the wellbeing of society. Hyundai Hope dedicates time and supplies resources to nonprofit organizations that support the health and safety of individuals and foster positive growth in communities. For more information, visit www.HyundaiHope.com.
Hyundai Motor America
Hyundai Motor America focuses on 'Progress for Humanity' and smart mobility solutions. Hyundai offers U.S. consumers a technology-rich lineup of cars, SUVs and electrified vehicles. Our 820 dealers sold more than 738,000 vehicles in the U.S. in 2021, and nearly half were built at Hyundai Motor Manufacturing Alabama. For more information, visit www.HyundaiNews.com.
Hyundai Motor America on Twitter | YouTube | Facebook | Instagram | LinkedIn
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SOURCE Hyundai Motor America | https://www.mysuncoast.com/prnewswire/2022/09/12/hyundai-partners-with-childrens-hospital-savannah-promote-child-passenger-safety-georgia/ | 2022-09-12T16:37:39Z |
Two-week "Ready, Set, Robotics!" challenge further integrates STEM learning while helping children learn to work collaboratively and give without expectation
ATLANTA, Aug. 4, 2022 /PRNewswire/ -- Children at Primrose schools across the country recently put their robotics skills to the test by solving problems through coding, design thinking and engineering during its first-ever "Ready, Set, Robotics!" challenge. As part of the two-week summer curriculum, adventurers worked in teams to design and engineer an original invention and created a video featuring their project to be entered into the contest. Nearly 85 schools participated and to conclude the friendly challenge, the three winning teams' schools received funds to donate to local charities of their choice.
Coming in first place, the winning team at Primrose School of Mill Creek in Mill Creek, Washington, donated $2,500 to Progress Animal Welfare Society. A team from Primrose School of Fleming Island in Fleming Island, Florida, achieved runner-up and donated $1,500 to Safe Animal Shelter. With a third-place win, Primrose School of West Allen in Allen, Texas, donated $1,000 to the Susan G. Komen Breast Cancer Foundation. Entries for the robotics competition were judged against a pre-defined rubric that emphasizes collaboration, creativity and social-emotional and robotics skills.
"At Primrose, we believe who children become is as important as what they know. Encouraging the winning teams to donate their earnings to local charities exemplifies the principles in our Balanced Learning approach for children to learn about the importance of giving without expectation," said Jo Kirchner, CEO of Primrose Schools. "We are so proud of all the winners and participants for their creativity during this year's robotics challenge!"
Recent research shows that robotics and STEM learning can be leveraged to build children's social and emotional competencies, including problem-solving and collaboration. STEM concepts are integrated in the Primrose Balanced Learning® approach to focus on helping children develop character and life skills in addition to intellectual skills to nurture balance among mind, body and heart. During the Ready, Set, Robotics! program, students engaged with an interactive robot named Dash through coding, mazes and special missions.
"Engaging in this challenge encourages children to think creatively and solve problems both individually and collaboratively at a young age, which helps foster their development at this stage," said Dr. Maria Shaheen, senior director of early childhood education at Primrose Schools.
The Ready, Set, Robotics! program was a part of Summer Adventure Club at Primrose Schools, which provides a fun, full-day experience for children in kindergarten through fifth grade.
About Primrose Schools®
Primrose Schools is the leader in providing premier early education and care to children and families in the United States. Founded in 1982, there are nearly 475 Primrose schools in 33 states and Washington D.C. today. Each school is independently owned and operated by Franchise Owners who partner with parents to help children build the right foundation for future learning and life. Primrose believes who children become is as important as what they know. The Primrose-exclusive Balanced Learning® approach is created from the best early education wisdom and balances purposeful play with nurturing guidance from teachers to encourage curiosity, creativity, confidence and compassion. For more information, visit www.PrimroseSchools.com, connect with us on Facebook and Twitter, explore our blog, sign up for our Pointers for Parents emails and find a Primrose School near you.
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SOURCE Primrose Schools | https://www.mysuncoast.com/prnewswire/2022/08/04/primrose-schools-junior-robotics-challenge-winners-celebrate-success-with-local-charity-donations/ | 2022-08-04T16:36:47Z |
The new product is a result of the company's recently filed patent for 3D-bioprinting technology which allows unprecedented marbling control within a consolidated structure
REHOVOT, Israel, Sept. 7, 2022 /PRNewswire/ -- Steakholder Foods Ltd. (Nasdaq: STKH), (formerly MeaTech 3D: $MITC) an international deep-tech food company at the forefront of the cultured meat industry, is pleased to introduce Omakase Beef Morsels, a revolutionary, richly marbled structured meat product developed using a unique 3D-printing process.
Inspired by the marbling standard of Wagyu beef, Omakase Beef Morsels are an innovative culinary achievement elegantly designed as a meat lover's delicacy for premium dining experiences.
The product is made up of multiple layers of muscle and fat tissue, which have been differentiated from bovine stem cells, and showcases the technology's unprecedented control and flexibility. Each layer is printed separately using two different bio-inks – one for muscle and one for fat. The layers can be printed in a variety of muscle/fat sequences which affects the juiciness and marbling of the cut.
Steakholder Foods' technology can print the product with any shape, width and marbling ratio and even exceed the marbling precision reminiscent of the Wagyu beef standard. It can also provide unprecedented product consistency at scale.
The company's provisional patent, "stacked, multi-layered meat-emulating consumable," is the result of cutting-edge bio-convergence with intensive collaboration between its 3D-printing engineers and cellular biologists.
This technological achievement, which follows a series of ongoing advancements in the company's development of printed whole cuts of meat, will likely position Steakholder Foods on the frontline of the market once a regulatory road map is established by the Food and Drug Administration.
Some of the company's advancements over the past year:
- Largest ever 3.67 oz (104 grams) printed cultured steak
- Significant progress with acceleration and enhancement of muscle fiber formation to mirror key characteristics of farm-raised meat
- Development of unique multiple-nozzle modular printing head that can produce complex meat products with pinpoint precision at an industrial rate of production without impacting cell viability
- Patent based on the development of systems and methods for applying external forces to muscle tissue that result in the creation of high-quality complex structured meat
Arik Kaufman, Steakholder Foods' Chief Executive Officer: "This product marks a major breakthrough for us and for the cultured meat sector in general. It is the result of a lot of hard work and our desire to attain the highest standard of meat possible through bioprinting and cell cultivation processes. It also marks a significant milestone in our quest to perfect the "holy grail" of meat — steak. We see Omakase Beef Morsels at the intersection of food, technology and fine art. We want to inspire chefs around the world to create mouthwatering culinary masterpieces and unforgettable dining experiences."
About Steakholder Foods
Steakholder Foods Ltd., formerly MeaTech 3D Ltd., is an international deep-tech food company at the forefront of the cultured meat revolution. The company initiated activities in 2019 and is listed on the Nasdaq Capital Market under the ticker "STKH" (formally MITC). Steakholder Foods maintains facilities in Rehovot, Israel and Antwerp, Belgium and has recently expanded activities to the US.
The company is developing a slaughter-free solution for producing a variety of beef, chicken, pork, and seafood products — both as raw materials and whole cuts — as an alternative to industrialized farming and fishing. With its membership in the UN Global Compact, Steakholder Foods is committed to act in support of issues embodied in the United Nations Sustainable Development Goals (SDGs) which include strengthening food security, decreasing carbon footprint, and conserving water and land resources.
For more information, please visit: https://steakholderfoods.com
Forward-Looking Statements
This press release contains forward-looking statements concerning Steakholder Foods' business, operations and financial performance and condition as well as plans, objectives, and expectations for Steakholder Foods' business operations and financial performance and condition. Any statements that are not historical facts may be deemed to be forward-looking statements. Forward-looking statements reflect Steakholder Foods' current views with respect to future events and are based on assumptions and subject to known and unknown risks and uncertainties, which change over time, and other factors that may cause Steakholder Food's actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Forward-looking statements include, without limitation, any statement that may predict, forecast, indicate or imply future results, performance or achievements, and are typically identified with words such as "may," "could," "should," "will," "would," "believe," "anticipate," "estimate," "expect," "aim," "intend," "plan" or words or phases of similar meaning and include, without limitation, Steakholder Foods' expectations regarding the success of its cultured meat manufacturing technologies it is developing, which will require significant additional work before Steakholder Foods can potentially launch commercial sales; Steakholder Foods' research and development activities associated with technologies for cultured meat manufacturing, including three-dimensional meat production, which involves a lengthy and complex process; Steakholder Foods' ability to obtain and enforce its intellectual property rights and to operate its business without infringing, misappropriating, or otherwise violating the intellectual property rights and proprietary technology of third parties; and other risks and uncertainties, including those identified in Steakholder Foods' Annual Report on Form 20-F for the fiscal year ended December 31, 2021, filed with the Securities and Exchange Commission on March 24, 2022. New risks and uncertainties may emerge from time to time, and it is not possible for Steakholder Foods to predict their occurrence or how they will affect Steakholder Foods. If one or more of the factors affecting Steakholder Foods' forward-looking information and statements proves incorrect, then Steakholder Foods' actual results, performance or achievements could differ materially from those expressed in, or implied by, forward-looking information and statements contained in this press release. Therefore, Steakholder Foods cautions you not to place undue reliance on its forward-looking information and statements. Steakholder Foods disclaims any duty to revise or update the forward-looking statements, whether written or oral, to reflect actual results or changes in the factors affecting the forward-looking statements, except as specifically required by law.
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SOURCE Steakholder™ Foods Ltd. | https://www.wibw.com/prnewswire/2022/09/07/steakholder-foods-announces-omakase-beef-morsels-first-of-its-kind-highly-marbled-3d-printed-100-cultured-beef-cut/ | 2022-09-07T12:07:41Z |
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Winston & Strawn LLP is pleased to announce the addition of Sanjay Thapar as a partner in the firm's New York office and as a member of the Transactions Department's Finance Practice. He will co-chair the Global Leveraged Finance team working within the firm's Finance Practice.
Sanjay focuses his practice on counseling and representing leading investment banks and direct lenders in leveraged buyout financings as well as workouts/restructurings.
He has decades of experience in domestic and cross-border large-cap and middle-market syndicated, direct lender, and club transactions, as well as first and second lien, asset-based, split-collateral, and unitranche loans, across a broad array of industries. Sanjay brings a vast network of relationships in the leveraged finance industry and will support the ongoing expansion of Winston's Global Leveraged Finance team.
"The leveraged loan market has become increasingly volatile in the current economic cycle, which triggers a greater need for clarity on legal and strategic issues," said Sanjay. "Winston has an extremely talented and experienced corporate finance team, and I look forward to collaborating with my new colleagues as we address challenges and opportunities for client service in the leveraged finance space."
Sanjay follows several recent additions to Winston, including corporate partners Justin Hoffman in Houston and Sean Hilson in Chicago, health care and life sciences partner Amy Kearbey in Washington, D.C., and litigation partner Adam Foslid in the firm's newly launched Miami office.
"Sanjay's broad-based experience representing the interests of financial institutions, private funds, and direct lenders will be of critical importance given recent interest rate hikes," said Michael Mullins, co-chair of Winston's Finance Practice and co-chair of the firm's Fund Finance Practice. "The rising cost of capital is adding increased complexity to deal structures, and Sanjay will enable us to help clients craft practical, effective approaches to completing those transactions."
"Sanjay's arrival underscores Winston's continued growth as designated lender counsel to investment banks and direct lenders in the both the mid-cap and large-cap markets," said Mats Carlston, managing partner of Winston's New York office and co-chair of the firm's Finance Practice. "His work with large-cap players tracks with our growth and adds to our growing capabilities in creating and executing complex loans across a wide range of vertical industries."
"Winston attracts the finest lawyers in their respective areas of practice. Sanjay is a perfect example," said Winston Chairman Tom Fitzgerald. "His experience reinforces Winston's strong reputation representing the interests of our clients in complex financial transactions. We look forward to his contributions to our leveraged finance team in New York."
Winston & Strawn LLP is an international law firm with 16 offices located in North America, South America, Asia, and Europe. More information about the firm is available at www.winston.com.
Contact:
Michael Goodwin
(646) 502-3595
mgoodwin@stantonprm.com
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SOURCE Winston & Strawn LLP | https://www.kxii.com/prnewswire/2022/08/03/winston-amp-strawn-augments-leveraged-finance-practice-with-addition-sanjay-thapar-new-york/ | 2022-08-03T19:54:07Z |
NEW YORK, June 27, 2022 /PRNewswire/ -- On June 23, 2022, the Federal Reserve released the results of its 2022 bank stress tests, which demonstrate the resilience and strength of BNY Mellon's business model and capital position. The Federal Reserve also notified the company that its preliminary Stress Capital Buffer (SCB) requirement will remain 2.5%, equal to the regulatory floor. This SCB is expected to be effective from October 1, 2022 to September 30, 2023. The company intends to increase its quarterly cash dividend on its common shares by 9% from $0.34 to $0.37 per share, commencing as early as the third quarter of 2022, subject to approval by the company's Board of Directors. The company continues to be authorized to repurchase common shares under its existing share repurchase program approved by the Board of Directors, as announced in June 2021. The timing, manner and amount of repurchases are subject to various factors, including the company's capital position and prevailing market conditions. Todd Gibbons, Chief Executive Officer of BNY Mellon said: "The Federal Reserve's 2022 bank stress tests once again show that our resilient business model and strong balance sheet are well positioned to weather periods of even severe stress while continuing to support our clients and the broader economy. As we remain committed to maintaining strong capital ratios and delivering value to our shareholders, we are pleased to announce our intention to increase our dividend in the coming quarter."
BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of March 31, 2022, BNY Mellon had $45.5 trillion in assets under custody and/or administration, and $2.3 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com. Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements, which may be expressed in a variety of ways, including the use of future or present tense language, relate to, among other things, BNY Mellon's repurchases of common stock, common stock dividends, capital base, performance and ability to meet regulatory requirements. These statements are based upon current beliefs and expectations and are subject to significant risks and uncertainties (some of which are beyond BNY Mellon's control). Actual outcomes may differ materially from those expressed or implied as a result of risks and uncertainties, including, but not limited to, the factors identified above and the risk factors and other uncertainties set forth in BNY Mellon's Annual Report on Form 10-K for the year ended December 31, 2021, the Quarterly Report on Form 10-Q for the quarter ended March 31, 2022 and BNY Mellon's other filings with the Securities and Exchange Commission. All statements in this press release speak only as of the date on which such statements are made, and BNY Mellon undertakes no obligation to update any statement to reflect events or circumstances after the date on which such forward-looking statement is made or to reflect the occurrence of unanticipated events.
Contacts:
Media
Garrett Marquis
+1 949 683 1503
garrett.marquis@bnymellon.com
Analysts
Marius Merz
+1 212 298 1480
marius.merz@bnymellon.com
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SOURCE BNY Mellon | https://www.wibw.com/prnewswire/2022/06/27/bny-mellon-announces-intention-increase-quarterly-common-stock-dividend-by-9-percent-037-per-share/ | 2022-06-27T21:32:24Z |
Rescued beagle puppies visit nursing home
FAIRFAX COUNTY, Va. (WJLA) - Six-week-old beagle puppies rescued from a Virginia breeding facility visited seniors at a nursing home in Fairfax County.
“Oh, I like it. I like puppies. I haven’t had one in a long time,” resident Julia Doyle said.
The staff at Promedica Skilled Nursing had heard about the ongoing mission to save 4,000 beagles that were bred to be sold to labs for experimentation, so they reached out to Homeward Trails Animal Shelter to ask whether any of the recently rescued puppies might be able to stop by.
“We’re always looking for fun activities for our residents and I thought, you know, there’s nothing more fun or that would bring joy to the residents than having some puppies visit,” nursing home staff Cindy Oplinger said.
There was lots of joy from both the residents and the puppies on Wednesday afternoon.
“Oh, we used to have a beagle and it’s so nice to see a puppy again. I love puppies,” resident Carol Brashares said.
It was a successful outing for the puppies eager to be loved and to give love as well.
“I think everybody wins. Yeah, it’s wonderful, and that was the whole point of bringing in the puppies today. We couldn’t be happier,” Oplinger said.
Copyright 2022 WJLA via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/08/11/rescued-beagle-puppies-visit-nursing-home/ | 2022-08-11T12:32:23Z |
THE FULL-SERVICE PRODUCTION COMPANY HAS DESIGNED, PRODUCED, AND DIRECTED SOME OF THE MOST PRESTIGIOUS AND ORIGINAL EVENTS GLOBALLY FOR OVER 30 YEARS
LOS ANGELES, Sept. 13, 2022 /PRNewswire/ -- Last night, under the direction of the Television Academy, Sequoia Productions executed the third and final Emmys® Gala of the season. A feat they have accomplished for the past 24 consecutive years, (minus 2020 and 2021 due to the COVID-19 pandemic). The task at hand, in collaboration with Barb Held (Vice President, Event Production for the Television Academy), is designing and producing an Emmys® Governors Gala worthy of the many creative visionaries nominated and awarded during the two Creative Arts and one Primetime Emmy® Awards ceremonies every year. Founded by Cheryl Cecchetto in 1989, Sequoia is also a long-time producing partner of the Oscars® Governors Ball (32 consecutive years) and Australia's elite G'Day USA Arts Gala (18 consecutive years).
Commitment to service, innovation, and delivering a finished product beyond the client's vision has kept Sequoia at the apex of the Special Event world for over three decades. "We constantly push ourselves to bring something new to our clients; new in design, materials, and new locations," said Checchetto. "Keep focused on first-class service in all aspects. From conception to execution, stimulate all five senses, and create an evolving guest experience with constant surprises from guest arrival to the last dance."
Some of Sequoia's favorite Emmys® Gala memories include an impromptu performance by Seal in 2006 serenading his then-wife Heidi Klum, Tony Bennet performing on the revolving stage in 2007 to an ecstatic crowd, an eclectic and wild black-and-white theme in 2011, and in 2012 a giant red rose that adorned the ceiling spreading out in all directions.
Known for their stunning, head-spinning decor, Sequoia did not disappoint at this year's Galas. The streamlined modern decor in shades of plum, fuchsia and persimmon were set off by cool white and vibrant, Emmy-gold accenting. Guest areas, all outdoors, were defined with open-air bistro and twinkle light canopies, sculpting the environment with starlight-inspired spaces. Modern furniture and fixtures among live plants, hedges and trees elevated the alfresco, California-Chic design.
From the original office "on my kitchen table" with the fax machine in the bedroom, to producing the most photographed events in the world, Cecchetto and Sequoia have made their fair share of pivots and tough business decisions. This included a 90-degree turn at the height of Covid, producing several virtual events that would have otherwise been live. "Though wonderfully rewarding during a time when Covid did her best to keep us all apart," said Cecchetto, "Sequoia is now very excited to have returned to live events and the business of bringing people together, live and in person, in the celebration of our relationships and milestones."
For more information, please visit https://sequoiaprod.com, @SequoiaProductions on Instagram and Facebook, @sequoiaprod on Pinterest, and @SequoiaProdEvents on YouTube.
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SOURCE Sequoia Productions | https://www.wibw.com/prnewswire/2022/09/14/sequoia-productions-celebrates-24-years-supporting-televisions-biggest-night/ | 2022-09-14T02:44:06Z |
ST. PAUL, Minn., May 13, 2022 /PRNewswire/ -- Smart Data Solutions (SDS), a leading provider of data management, claim routing and workflow solutions to Health Plans and TPAs, has successfully completed their sixteenth Customer Symposium, the first since 2018. Per tradition, the event was held at the landmark Saint Paul Hotel in downtown St. Paul. This event was particularly special, as it was the first time the Smart Data Solutions team has gathered in a large group with our current and prospective customers since the start of the COVID-19 pandemic.
As in previous years, the Symposium was hosted by Smart Data Solutions' Co-CEOs, Pat Bollom and John Prange, who also spoke at the event. The focus was to facilitate conversations and discussions between Payers and networks in hopes of jointly defining efficient ways to address the industry challenges. Discussions centering around industry trends, new technologies and changes driving the marketplace held precedence.
The event kicked off on Wednesday, May 4th with short informational sessions followed by dinner and entertainment in the evening. On Thursday, SDS had an all-day lineup of presentations, which included the Smart Data Solutions team as well as talks from Steve Parente, Ph.D. and Ashely Gillihan.
Steve Parente, Ph.D., a professor at the University of Minnesota Carlson School of Management, discussed many of the nuances regarding the No Surprises Act, as well as an overview of past market-based health reforms, while Ashley Gillihan, a partner at Alston & Bird, presented a compliance overview surrounding MHPAEA, COVID tests, brokerage/consulting service fee disclosure and more.
We wrapped up our event Thursday evening with a night of dinner and entertainment in Stillwater, Minnesota. Friday allowed those attending the Symposium to meet with the SDS staff for questions and/or comments before heading home.
"Our Customer Symposium was a great success! This was a fun way to welcome back current customers and allow prospective customers to learn about SDS while hearing real testimonies about our services and performance," stated Susan Berndt, VP of Sales, Marketing and Customer Experience with Smart Data Solutions. She continued, "Due to some COVID restrictions at other companies, we missed some folks that typically attend, however, I can't wait to do it again next year and I hope they'll be back!"
About Smart Data Solutions
As a leader in the healthcare industry, Smart Data Solutions' mission is to make the healthcare market more efficient by leveraging technology to provide effective, high-quality claims processing solutions. SDS is committed to providing an unparalleled level of customization and places great value on providing personalized service. SDS brings a comprehensive set of tools and processes to every opportunity, which is carefully configured to the individual needs of each customer. Smart Data Solutions has focused on creating innovative solutions specifically to meet the needs of the healthcare market. Today, more than 400 TPAs, PPOs, HMOs, hospitals, and insurance companies depend on SDS for automation of intake, data capture, and front-end workflows for health insurance and claim administration entities. For more information about Smart Data Solutions please visit our website at www.sdata.us or contact us at 651.894.6400.
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SOURCE Smart Data Solutions | https://www.wibw.com/prnewswire/2022/05/13/smart-data-solutions-hosts-2022-customer-symposium/ | 2022-05-13T19:48:52Z |
PARIS, June 17, 2022 /PRNewswire/ --The first edition of Global Mobility Call, the world congress on sustainable mobility organised by IFEMA MADRID and Smobhub, concluded today with a great boost for more sustainable, efficient and inclusive mobility, and with the consolidation of the new ecosystem of new mobility's institutional and business actors.
Global Mobility Call brought together more than 4,500 on-site attendees and 13,000 online attendees from 40 countries, with more than 1.3 million views of the live programme. In addition, 250 journalists have covered the more than 100 multi-sector dialogues, where over 300 panelists, representatives from public and private sectors, entrepreneurs, academics and experts have presented proposals, ideas, reports and reflections on the rapid processes of changes in mobility.
Among the main conclusions was the need to carry out national and international projects that promote digitalisation, decarbonisation, connectivity, intermodal and multimodal transport, industrial transformation, urban design, improvement of rural transport, funding and professional services.
The President of the Spanish Government, Pedro Sánchez, closed the Global Mobility Call by stating that this forum "is the best example of the capacity for resilience, ambition to transform, the essential collaboration between the public and private sectors, the strength of companies and of Spanish society as a whole. Both private and public sectors share a special ability to face difficulties and adapt to new scenarios".
He has underlined that the uncertainties provoked by the war "should not delay" the sustainable mobility transformation.
In closing the event, the President of the Executive Committee of IFEMA MADRID, José Vicente de los Mozos, explained that these days at Global Mobility Call have shown "the inspiration and the keys to enter into business of enormous proportions, for which priority is to access recovery funds", while the event has generated "content and professional networking, which will translate into a real boost for sustainable mobility".
"We have to process the vast content and contacts of highest interest which have been produced during these days. It will be our job to organise and make this important legacy available to the different sectors and the thousands of professionals who have participated in Global Mobility Call", he said.
Global Mobility Call has responded to the need to bring together all mobility actors at a time of profound transformation. The need to act on both climate and energy crises, seizing the opportunity provided by the EUR 800 billion NextGenerationEU European recovery funds, has made Global Mobility Call an unprecedented opportunity to shape the future of a decarbonised, safe, digitised mobility, which respects the planet and the people's health, aligned with the Sustainable Development Goals, the Paris Agreement and the European Green Pact.
Among the panellists, Jeffrey Sachs, American economist and specialist in sustainable development, called for further digital development of mobility and insisted that this be approached as an integrated ecosystem of sectors, just as Global Mobility Call does.
Clotilde Delbos, CEO of Mobilize, stressed the need to work towards providing users with mobility services tailored to their needs.
Michio Kaku, physicist and futurist, predicted how the quantum physics of the future will generate computers that will connect to the brain and the robotisation of the automotive industry.
Adina Vălean, European Commissioner for Transport, highlighted the opportunity presented by the Next GenerationEU Funds to boost projects in many of Europe's mobility sectors. It was also stressed that it is important to make this coincide with the drive for energy transition, to make Europe less dependent on fossil fuels.
Monica Araya, Climate Mobility Advisor and member of the ClimateWorks & Partners' Steering Committee suggested incorporating into the sustainable mobility agenda the questions of generating employment, fostering talent and economic value, at a time when countries are trying to remain within supply chains, and society is very anxious about the climate crisis and the retraining of labour in many sectors.
Urban planner and MIT professor Carlo Ratti called for reflection on deep structural changes in the mobility of people, jobs and products, at a time of disruption accelerated by the Covid crisis and war.
More information: https://www.ifema.es/en/global-mobility-call/
CONTACTS:
Marta Cacho, Directrice de la Communication, mcacho@ifema.es
Elena Valera, Presse Internacionale, evalera@ifema.es
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SOURCE Global Mobility Call | https://www.kxii.com/prnewswire/2022/06/17/global-mobility-call-becomes-cornerstone-business-governments-build-future-sustainable-mobility/ | 2022-06-17T16:56:44Z |
Arch Venture Partners leads round to advance company's novel live tumor diagnostic platform
MADISON, Wis., Sept. 6, 2022 /PRNewswire/ -- Elephas Biosciences Corporation (Elephas), a private company, announced today that it has raised $41.5 million in Series B funding. ARCH Venture Partners led the round, and were joined by new investors, Moore Strategic Ventures and Tao Capital Partners. Continuing investments were made by Northpond Ventures, Sands Capital, and WARF Ventures. Prior investments include $20 million from the Series A and $8 million from the founder and early seed investors.
Elephas is developing an oncology diagnostics platform to predict response to immunotherapy. The platform utilizes live fragments from a patient biopsy and treats those fragments with potential therapies and combinations. The latest advances in cancer biology combined with multi-modal imaging are used to assess how patients will respond before beginning treatment.
Elephas is launching two human clinical trials on the platform in the next quarter and plans to share initial clinical data in 2023. The company also plans to make the platform available to biopharma researchers next year. Oncology drugs remain the largest pharmaceutical therapeutic area, with immunotherapies emerging in the last decade as effective and powerful tools in the fight against cancer.
"Our mission at Elephas is to improve care for cancer patients," stated Maneesh Arora, founder and CEO of Elephas. "We are grateful for the support of these world-class venture firms who believe in what we are doing and are committed to helping us get there."
"Technology that will allow patients to receive the most effective therapy quickly, before time and resources are spent on ineffective options, will change the game for those diagnosed with cancer," ARCH Venture Partners' Paul Berns added. "We are excited to partner with the company to bring this novel solution to patients."
XMS Capital Partners acted as financial advisor to the company.
ARCH Venture Partners' Paul Berns will join the Elephas board of directors and Arch's Keith Crandell will be joining as a board observer. This follows the recent appointment by the company of Steven Galson, the former director of the Center for Drug Evaluation and Research at FDA, as independent director.
Disruption in healthcare is being accelerated by the need for improved diagnostics, novel pharmaceutical therapies, and the shift to patient-centric solutions. With the mission to tackle the massive oncology dilemma, Elephas is leading the way to change how clinicians treat cancer patients. By harnessing the latest advances in cancer biology, multimodal microscopy, and artificial intelligence, the Elephas platform has the ability to empower clinical decision making and accelerate drug development. We plan to use the power of our platform to deliver a global solution that can revolutionize cancer treatment for every individual. To learn more, visit us at www.elephas.com and follow us on LinkedIn.
ARCH Venture Partners invests in life science and advanced technology companies and is one of the world's leading early-stage venture firms. The firm is a recognized leader in commercializing technologies developed at academic institutions, corporate research groups and national laboratories. ARCH invests primarily in companies it co-founds with leading scientists and entrepreneurs, bringing innovations in life sciences and physical sciences to market. For more information visit www.archventure.com.
Northpond Ventures is a multi-billion dollar science-driven venture capital firm based in Cambridge, MA; San Francisco, CA; and Bethesda, MD. Northpond has been named one of the three most active lead biotech investors in 2021 by Crunchbase, and the most active lead investor in life science solutions and molecular diagnostics by Silicon Valley Bank. It is particularly engaged in the research ecosystem, having founded a bioengineering laboratory at Harvard, and sponsored a prize for women entrepreneurs at MIT. It has led over 50 financings over the past several years, with a high percentage having an academic origin. Learn more at npv.vc.
Moore Strategic Ventures, LLC is the privately held investment company for Louis M. Bacon, Founder and CEO of Moore Capital Management, LP.
Tao Capital Partners is a family office that invests in technology, alternative energy and transportation, healthcare, education, sustainable food & agriculture, consumer, and real estate businesses that have a positive impact. Tao is an active investor with the ability to support companies through various stages of their life-cycle.
Sands Capital is an active, long-term investor in leading innovative businesses globally. Our approach combines analytical rigor and creative thinking to identify high-quality growth businesses that are creating the future. Through an integrated investment platform spanning venture capital, growth equity and public equity, we provide growth capital solutions to institutions and fund sponsors in more than 40 countries.
WARF Ventures actively invests in startups with University of Wisconsin-Madison technology and has done so over two decades. WARF Ventures is part of the Wisconsin Alumni Research Foundation (WARF) which helps steward the cycle of research, discovery, commercialization, and investment for the university. WARF manages more than 2,000 patents and an investment portfolio as it funds university research, obtains patents for campus discoveries and licenses inventions to industry. For more information, visit warf.org and view WARF's Cycle of Innovation.
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SOURCE Elephas | https://www.wibw.com/prnewswire/2022/09/06/elephas-announces-415-million-series-b-funding/ | 2022-09-06T17:33:45Z |
NASHVILLE, Tenn. (AP) — The Nashville Predators announced Ronda Engelhardt will become a North American amateur scout based out of Minnesota, the first female scout hired by the team.
The hiring of Engelhardt on Wednesday comes a day after the Calgary Flames added Rebecca Johnston for a player development role and the Seattle Kraken promoted Alexandra Mandrycky to assistant general manager after three years as director of hockey strategy and research.
Engelhardt has been head coach of the Premier Hockey Federation’s Minnesota Whitecaps the past four seasons and won the Isobel Cup in 2019. The native of Roseville, Minnesota, was a U.S. women’s national team player and captain at the University of Minnesota in 2002-03.
She previously was an assistant hockey coach at Division III St. Thomas and the girls high school head coach at the Breck School in Minnesota.
General manager David Poile also announced Sebastian Bordeleau has joined coach John Hynes’ staff as a skills coach. Nathan Gerbe was hired to replace Bordeleau as the Predators’ forward development coach, working with assistant general manager Scott Nichol evaluating Nashville’s prospects.
Former NHL player Brett Carson has joined assistant general manager Jeff Kealty’s staff as a North American Amateur Scout for the western part of the United States and Canada. Jason Nordby is the Predators’ new assistant strength and conditioning coach after 17 seasons as strength coach with the AHL’s Milwaukee Admirals.
Michael Bingham joins the Predators’ equipment staff as a coordinator, and Jon Sherman was hired as hockey operations coordinator and analyst.
___
More AP NHL: https://apnews.com/hub/nhl and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-nashville-predators-hire-1st-female-scout-ronda-engelhardt/ | 2022-09-14T23:35:21Z |
Cellibre and CodexDNA Discuss How to Partner to Bring Bio-based Products from Idea to Commercial
SAN DIEGO , April 6, 2022 /PRNewswire/ -- Cellibre Inc., a leading manufacturing technology company, today announced that the team will participate in SynBioBeta's Global Synthetic Biology Conference.
Using Rapid Design-Build-Test Cycles to Transform Legacy Supply Chains via Biomanufacturing
Wednesday, April 13, 2022 1:30 PM to 2:15 PM
Breakout Room 2
Oakland Marriott City Center // 1001 Broadway, Oakland, CA 94607
SynBioBeta is the premier innovation network for biological engineers, investors, innovators, and entrepreneurs who share a passion for using biology to build a better, more sustainable universe. CodexDNA CEO Todd Nelson will be joined by Cellibre founder and CEO, Ben Chiarelli to discuss how their partnership accelerated Cellibre's R&D timelines, led to key discoveries for Cellibre's proprietary cannabinoid platform and dramatically reduced Cellibre's path to commercialization.
About Cellibre
Cellibre is a manufacturing technology company that employs an organism-agnostic approach to turn cells into specialized, sustainable factories for the manufacture of globally significant products at scale. Cellibre's world-class scientific team has led programs from napkin to commercial, pioneering revolutionary breakthroughs in energy, ingredients, medicines and more. The Company's initial strategic focus will be deploying our expertise to enable the production of pharmaceutical-grade cannabinoids, alleviating the need for agriculture entirely and revolutionizing the way cannabinoid ingredients are sourced, produced and consumed.
Cellibre was founded in 2017 and headquartered in San Diego, California.
For more information visit www.cellibre.com , or reach us by emailing contact@cellibre.com
Follow Cellibre on social media: LinkedIn
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SOURCE Cellibre, Inc. | https://www.kxii.com/prnewswire/2022/04/06/cellibre-present-alongside-codexdna-synbiobetas-built-with-biology-global-conference/ | 2022-04-06T17:26:46Z |
- Exclusive license of key μLED technology, design of a state-of-the-art backplane, with the ultimate goal of acquiring Atomistic
ROCHESTER, N.Y., May 18, 2022 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses, waveguides and Augmented Reality (AR) technology, today announced it has signed a series of agreements with Atomistic SAS ("Atomistic"), a next generation micro light emitting diode ("μLED") display solutions enterprise based in France. These agreements provide for an exclusive license of key μLED technology, the design of a custom backplane and, dependent upon achievement of various technical stages, the ability to acquire the enterprise.
Atomistic's technology is based on a novel materials science innovation with specific attributes that are key enablers to solve the main challenges for μLED devices for AR applications : emmitters for red, green and blue spectral wavelengths based on a single epitaxial structure transferred to a CMOS backplane; high brightness; and greater efficiency at small pixel pitches. The potential benefits of this new approach would result in one of the smallest form factors with the highest performance and lowest power solutions on the market, and could provide a cornerstone piece of technology focused on the AR markets that are expected to demand hundreds of millions of units annually.
For the AR and heads-up display (HUD) markets, there is a clear need for self-emissive ultra-small microdisplays that are high in brightness and efficiency, full color, compact and scalable to support low-cost and high-volume manufacturing. For the wearable display/AR glasses markets specifically, μLED displays as contemplated by Atomistic combined with Vuzix' see-through waveguides provide the technical solution which is so pivotal to developing fashion forward, ergonomic AR glasses. This market is expected to ultimately be as large as the current smart phone market with many expecting AR smart glasses to be the future mobile computing platform for consumers and enterprises globally.
Atomistic Background:
Atomistic was established for the sole purpose of delivering next-generation μLEDs based on novel materials science innovations and system level integration on advanced node CMOS backplanes of its own design. Its principal founders, Jonathan Sachs, PhD and Jerry Woodall, PhD, are well known experts in the fields of materials science, the compound semiconductor heterojunction (along with other compound semiconductor devices), LEDs, lasers and micro-displays on silicon backplanes using various modulating techniques and have both successfully developed and patented significant and cornerstone advancements in the technology space.
Dr. Sachs has a broad knowledge of semiconductor materials and their applications to high temperature and high-speed electronics, optoelectronics, electrical and optical properties of materials (LEDs, lasers), device physics, and design of CMOS integrated circuits. Over the last 25 years, he founded and has driven numerous semiconductor and display-based technology companies whose technology today is used by leading companies in the field.
Dr. Woodall has had a pioneering role on the research and development of compound semiconductor materials and devices over a career spanning five decades. In 2001, Dr. Woodall received the National Medal of Technoloy and Innovation, the Nation's highest honor for technological achievement granted by the President of the United States. He has been cited for the invention and development of technologically and commercially important compound semiconductor heterojunction materials, processes and related devices, such as red and infrared LEDs, lasers, ultra-fast transistors and solar cells. He was one of the pioneers of the liquid-phase epitaxial growth of high efficiency infrared LEDs, which led to his most important research contribution so far: the first working gallium aluminum arsenide/gallium arsenide heterojunction, the interface between two different semiconductor materials. This remains one of the world's most important compound semiconductor heterojunctions.
Technology Background
Atomistic has developed a novel approach to solving fundamental challenges associated with very small pixel pitch, exceptionally bright, full color uLED displays required for the AR market and its closely associated markets.
The Atomistic team, along with system level support from Vuzix, will be delivering a backplane on advanced node 300mm wafers intended to support μLEDs based upon its innovative material science as well as alternative LEDs from potential third party suppliers.
"Being in the semiconductor industry specializing on LEDs and microdisplays for all these years, we have created countless solutions that have advanced the state-of-the-art; from the fundamentals of heterojunction physics to advanced displays in the LCoS and OLED fields. Working with Vuzix on advancing this leading technology where we have lived for our entire professional careers should result in one of the most advanced displays we have developed yet. Having the insights of the Vuzix team will be invaluable to help ensure the system level solution hits the mark for product. We are very excited to be part of this effort with Vuzix as a partner," said Drs. Sachs and Woodall.
"We are thrilled to be partnering with these two revolutionary visionaries and their newly formed entity Atomistic," said Paul Travers, President and CEO of Vuzix. "We look forward to supporting their efforts to change the world with new microdisplays that will work "hand-in-glove" with Vuzix' industry leading waveguides. This deal has been structured to heavily align the two principals, and Atomistic as a company, to the success of the program and ultimately along with Vuzix. The developed solutions will be used in Vuzix' own products and, in the future, μLED displays coupled with Vuzix advanced high-volume waveguides will be offered globally to third party OEMs for use in their AR glasses."
For further details on this transaction and its related Agreements, interested parties can look at the 8-K the Company filed today with the SEC, with links from our IR website.
Conference Call Information
Date: Wednesday, May 18, 2022
Time: 4:30 p.m. Eastern Time (ET)
Dial-in Number for U.S. & Canadian Callers: 877-709-8150
Dial-in Number for International Callers (Outside of the U.S. & Canada): 201-689-8354
A live and archived webcast of the conference call will be available on the investor relations page of the Company's website at: https://ir.vuzix.com/ or directly at https://event.choruscall.com/mediaframe/webcast.html?webcastid=Sz8swsuw.
Presenting on the call will be Vuzix' Chief Executive Officer and President Paul Travers, who along with Chief Financial Officer Grant Russell and Chief Operating Office Pete Jameson, will conduct a Q&A session on the call following prepared remarks.
To join the live conference call, please dial into the above referenced telephone numbers five to ten minutes prior to the scheduled conference call time.
A telephonic replay will be available for 30 days, starting on May 18, 2022, at approximately 5:30 p.m. (ET). To access this replay, please dial 877-660-6853 within the U.S. or Canada, or 201-612-7415 for international callers. The conference replay ID# is 13730166.
About Vuzix Corporation
Vuzix is a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 245 patents and patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2022 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, and Tokyo, Japan. For more information, visit the Vuzix website, Twitter and Facebook pages.
Forward-Looking Statements Disclaimer
Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to our business relationship with Atomistic, the level of success of the planned μLED and related backplane developments, ultimate processes and solutions for actual commercialization within the planned timeframe, and among other things the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.
Vuzix Media and Investor Relations Contact:
Ed McGregor, Director of Investor Relations,
Vuzix Corporation
ed_mcgregor@vuzix.com
Tel: (585) 359-5985
Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com
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SOURCE Vuzix Corporation | https://www.kxii.com/prnewswire/2022/05/18/vuzix-enters-into-agreements-deliver-worlds-first-fully-integrated-color-microled-microdisplay-ar-glasses/ | 2022-05-18T21:25:29Z |
HOUSTON, July 19, 2022 /PRNewswire/ -- Callon Petroleum Company (NYSE: CPE) ("Callon" or the "Company") plans to host a conference call to discuss its second quarter 2022 financial and operating results.
Webcast:
Date: August 4, 2022
Time: 8:00 a.m. Central Time (9:00 a.m. Eastern Time)
Webcast: www.callon.com
Select "News/Events" under the "Investors" section of the website.
An archive of the conference call webcast will be available at www.callon.com under the "Investors" section of the website.
The Company plans to release second quarter 2022 results after market close on Wednesday, August 3, 2022.
About Callon Petroleum
Callon Petroleum Company is an independent oil and natural gas company focused on the acquisition, exploration and development of high-quality assets in the leading oil plays of South and West Texas.
Contact Information
Kevin Smith
Director of Investor Relations
Callon Petroleum Company
ir@callon.com
(281) 589-5200
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SOURCE Callon Petroleum Company | https://www.kxii.com/prnewswire/2022/07/19/callon-petroleum-company-schedules-second-quarter-2022-conference-call-august-4-2022/ | 2022-07-19T21:16:28Z |
SANTA CLARA, Calif., June 22, 2022 /PRNewswire/ -- Tuya Inc. ( "Tuya" or the "Company") (NYSE: TUYA), a global leading IoT cloud development platform, today announced the launch of its global offering (the "Global Offering") of 7,300,000 Class A ordinary shares of the Company, which comprises a Hong Kong public offering of initially 730,000 Class A ordinary shares (the "Hong Kong Public Offering") and an international offering of initially 6,570,000 Class A ordinary shares (the "International Offering"), both commencing on June 22, 2022 Hong Kong time, and dual-primary listing of its Class A ordinary shares on the Main Board of The Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") under the stock code "2391."
The Company's American depositary shares (the "ADSs"), each representing one Class A ordinary share of the Company, will continue to be listed and traded on the New York Stock Exchange ("NYSE"). Investors in the Global Offering will only be able to purchase Class A ordinary shares and will not be able to take delivery of ADSs. Upon listing of the Class A ordinary shares on the Hong Kong Stock Exchange, the Class A ordinary shares listed on the Hong Kong Stock Exchange will be fully fungible with the ADSs listed on the NYSE.
The initial number of Class A ordinary shares under the Hong Kong Public Offering and the International Offering represent 10% and 90% of the total number of Class A ordinary shares initially available under the Global Offering, respectively, subject to reallocation and over-allotment. Subject to the level of oversubscription in the Hong Kong Public Offering and pursuant to the clawback mechanism as described in the Hong Kong prospectus issued by the Company in Hong Kong dated June 22, 2022, the total number of Class A ordinary shares available under the Hong Kong Public Offering could be adjusted to up to a maximum of 3,650,000 Class A ordinary shares, representing 50% of the Class A ordinary shares initially available under the Global Offering. In addition, the Company expects to grant the international underwriters an over-allotment option to require the Company to issue up to an additional 1,095,000 Class A ordinary shares in the International Offering, representing not more than 15% of the total number of Class A ordinary shares initially available under the Global Offering.
The offering price for the Hong Kong Public Offering (the "Hong Kong Offering Price") will be no more than HK$22.80 per Class A ordinary share (the "Maximum Hong Kong Offering Price"), or US$2.90 per Class A ordinary share (equivalent to US$2.90 per ADS). The offering price for the International Offering tranche of the Global Offering (the "International Offering Price") may be set higher than the Maximum Hong Kong Offering Price. The Company will set the International Offering Price on or about June 27, 2022, Hong Kong time, by taking into consideration, among other factors, the closing price of the ADSs on the NYSE on the last trading day on or before June 27, 2022 and investor demand during the marketing process. If the International Offering Price is set at or lower than the Maximum Hong Kong Offering Price, the final Hong Kong Offering Price must be set at such price which is equal to the International Offering Price. In no circumstances will the final Hong Kong Offering Price be set above the Maximum Hong Kong Offering Price or the International Offering Price. The shares will be traded in board lots of 200 Class A ordinary shares.
The Company plans to use the net proceeds from the Global Offering for enhancing IoT technologies and infrastructure; enhancing its product offerings; improving sales and marketing; pursuing strategic partnerships, investments and acquisitions; and for working capital and other purposes.
China International Capital Corporation Hong Kong Securities Limited, Merrill Lynch (Asia Pacific) Limited and Morgan Stanley Asia Limited are the joint sponsors for the proposed Global Offering, and China International Capital Corporation Hong Kong Securities Limited, Morgan Stanley Asia Limited and Merrill Lynch (Asia Pacific) Limited are the joint global coordinators, joint bookrunners, and joint lead managers for the proposed Global Offering. CMB International Capital Limited and Tiger Brokers (HK) Global Limited are the joint bookrunners and joint lead managers for the proposed Global Offering.
The International Offering is being made only by means of a preliminary prospectus supplement dated June 22, 2022 and the accompanying prospectus included in an automatic shelf registration statement on Form F-3 filed with the U.S. Securities and Exchange Commission (the "SEC") on May 31, 2022, which automatically became effective upon filing. The registration statement on Form F-3 and the preliminary prospectus supplement are available at the SEC website at: www.sec.gov.
The proposed Global Offering is subject to market and other conditions, and there can be no assurance as to whether or when the Global Offering may be completed, or as to the actual size or terms of the Global Offering. This press release shall not constitute an offer to sell or the solicitation of an offer or an invitation to buy any securities of the Company, nor shall there be any offer or sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction. This press release does not constitute a prospectus (including as defined under the laws of Hong Kong) and potential investors should read the prospectus of the Company for detailed information about the Company and the proposed Global Offering, before deciding whether or not to invest in the Company. This press release has not been reviewed or approved by The Stock Exchange of Hong Kong Limited or the Securities and Futures Commission of Hong Kong.
The price of the Class A ordinary shares of the Company may be stabilized in accordance with the Securities and Futures (Price Stabilizing) Rules (Chapter 571W of the Laws of Hong Kong). The details of the intended stabilization and how it will be regulated under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) will be contained in the Hong Kong prospectus of the Company dated June 22, 2022.
About Tuya Inc.
Tuya Inc. (NYSE: TUYA) is a global leading IoT cloud development platform with a mission to build an IoT developer ecosystem and enable everything to be smart. Tuya has pioneered a purpose-built IoT cloud development platform that delivers a full suite of offerings, including Platform-as-a-Service, or PaaS, and Software-as-a-Service, or SaaS, to businesses and developers. Through its IoT cloud development platform, Tuya has enabled developers to activate a vibrant IoT ecosystem of brands, OEMs, partners and end users to engage and communicate through a broad range of smart devices.
Safe Harbor Statement
This press release contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company's beliefs, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as "may," "will," "expect," "anticipate," "target," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the SEC. The forward-looking statements included in this press release are only made as of the date hereof, and the Company disclaims any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty.
Investor Relations Contact
Tuya Inc.
Investor Relations
E-mail: ir@tuya.com
The Blueshirt Group
Gary Dvorchak, CFA
Phone: +1 (323) 240-5796
Email: gary@blueshirtgroup.com
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SOURCE Tuya Inc. | https://www.mysuncoast.com/prnewswire/2022/06/22/tuya-inc-launches-global-offering/ | 2022-06-22T12:29:35Z |
MIAMI, July 18, 2022 /PRNewswire/ -- Winston & Strawn LLP announced that Adam M. Foslid has joined the firm's rapidly expanding Miami office as a partner in the Litigation Department.
Adam was cofounder and a name partner of the Miami firm of Stumphauzer Foslid Sloman Ross & Kolaya, PLLC. Previously, he was in Greenberg Traurig, LLP's Miami office, where he chaired the office's Litigation Department.
He is the latest in a series of partners who have joined Winston's Miami office. The firm recently announced the arrival of corporate Partner Carl A. Fornaris and litigation Partner Jared R. Kessler and that of corporate partners Craig V. Rasile and Nicholas E. Rodríguez. This rapid expansion occurred shortly after Winston announced the launch of its Miami office in May with six partners.
"Miami's increasingly dynamic business growth means clients have an even greater need for litigation counsel to avoid or resolve disputes that may arise," said Miami Office Managing Partner Enrique J. Martin. "Adam's proven, high-stakes litigation experience equips Winston's Miami office with a heightened capacity for providing vigorous advocacy on behalf of companies that power our economy."
Adam concentrates his practice on complex commercial, business, class action, and product liability litigation in federal and state courts throughout the United States and before domestic and international arbitration panels. He represents clients in a wide array of disputes, including those involving commercial transactions, breaches of contract, business torts, fraud, deceptive and unfair trade practices, federal and state consumer protection statutes, fiduciary relationships, mergers and acquisitions, banking, and corporate governance. Adam also represents public and private clients in internal investigations, regulatory and enforcement actions, and compliance reviews. He maintains an active pro bono practice and serves as a gubernatorially appointed Commissioner on the nine-member Judicial Nominating Commission that selects judicial candidates for appointment to Florida's Third District Court of Appeals.
"Winston's commitment to Miami includes providing top-caliber client service with a cohesive team of South Florida's finest lawyers," said Winston Chairman Tom Fitzgerald. "Adam is a great addition to that team. His deep and wide-ranging litigation experience will bolster the office's defense capabilities and materially contribute to Winston's well-earned litigation credentials."
About our Miami office
Winston & Strawn's Miami office leverages the area's status as a dynamic financial hub, an epicenter of business activity spanning numerous industries, and a critical nexus point for banking and international trade with Latin America and other parts of the world.
The office serves clients representing some of the global economy's strongest and fastest-growing sectors, including complex commercial litigation, mergers and acquisitions, financial services, cryptocurrency and blockchain, real estate, energy and infrastructure, bankruptcy, and Latin America.
Winston & Strawn LLP is an international law firm with 16 offices in North America, South America, Asia, and Europe. More information about the firm is available at www.winston.com.
Contact:
Michael Goodwin
mgoodwin@stantonprm.com
646-502-3595
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SOURCE Winston & Strawn LLP | https://www.wibw.com/prnewswire/2022/07/18/winston-amp-strawn-announces-addition-litigation-partner-adam-m-foslid-miami-office/ | 2022-07-18T14:55:54Z |
Zephyr's investment management platform continues to earn recognition from wealth and asset management industry peers
NEW YORK, June 9, 2022 /PRNewswire/ -- Zephyr, a subsidiary of Informa plc (LSE: INF) and worldwide industry leader in providing data, research and insights to financial institutions, has been named a finalist in two Wealth Management Industry Award categories for Portfolio Analytics and Portfolio Management, Accounting and Performance Reporting. The annual 'Wealthies' awards program honors individuals, organizations and companies that help financial advisors build better businesses and create better outcomes for their clients.
"Zephyr represents what a diverse team of brilliant, committed individuals brings to the table," says Chris Volpe, Head of Informa Financial Intelligence's Zephyr business. "The ability to build one's client list within a changing demographic and increase AUM requires technology that is customizable, easy to use and addresses the narrowing speed to client response time. Zephyr is built for the 21st Century investment professional and we are honored to be recognized."
According to organizers of the 2022 Wealth Management Industry Awards, nearly 1000 nominations were entered culminating in a record-breaking year. Of the 350 companies that submitted nominations, 225 were named finalists by an independent panel of judges from within the wealth management industry.
Zephyr's industry recognitions come as the company continues to expand and innovate its popular wealth management software platform. In 2021, Zephyr added DNA, proposal generation, Portfolio Performance and ESG ratings capabilities. The company also announced a series of partnerships, first with Digital Financial, fully integrating Zephyr with all trust, accounting and custodial systems; and AppCrown, making it possible to fully connect Zephyr with Salesforce Financial Services Cloud and other Customer Relationship Management (CRM) systems.
Winners will be announced on September 8th during a black-tie ceremony at the Ziegfeld Ballroom in New York City. Preceding the evening festivities, c-level executives from finalist firms will gather for a full afternoon of technology discussions and networking events, including CTO buyers' panels led by key purchasing influencers at power users of wealth tech, and executive roundtables on the future of advisor tech.
Zephyr's investment management software launched in 2019 providing extensive research capabilities as well as an asset allocation tool allowing wealth managers, asset managers and advisors to build portfolios using classic mean variance optimization via its sophisticated Black-Litterman optimization module. Users could estimate the probability of meeting future wealth goals using the Monte Carlo simulation module, and quickly and easily evaluate a portfolios composition including asset allocation, equity and fixed income characteristics, sector and regional weightings, top ten holdings and country exposure. In 2020, Zephyr added data analytics featuring screening capabilities with extensive filtering capabilities and statistical tools that could also track and compare investment products and returns based style analysis using 200 plus key statistics.
Zephyr also offers extensive separately managed account data via PSN, the longest running SMA database in the world. Over the nearly four decades since it launched, PSN has continually pioneered the delivery of valuable SMA data to its customers, always accurate, consistently verified. Where there was no access, PSN built inroads and set the standard in 1984. Today, it leads the way in providing unbiased, high quality, detailed information across 2000 data points.
In March Zephyr was awarded the 2022 Fintech Breakthrough Award for Best Financial Research and Data Company. For additional information about Zephyr and its solutions, visit: https://pages.financialintelligence.informa.com/Zephyr-Financial-Solutions.
Register for Zephyr's upcoming webinars to learn more:
- Zephyr Investment Management Software Overview , Thursday, June 16 at 4pm ET – REGISTER NOW
- Zephyr Portfolio Performance Measurement Overview, Tuesday, June 21 at 4pm ET – REGISTER NOW
- Zephyr PSN SMA Data Overview, Thursday, June 23 at 4pm ET – REGISTER NOW
Zephyr's financial services solution enables wealth managers and advisors to fully manage client investment goals with communication tools to create custom, professional proposals and presentations that convey advisor strategies and success. The platform consistently scores high among users for its ease of use with valuable tools including presentation center, portfolio proposal generation, performance measurement, asset allocation modeling, research, analytics and ESG ratings and reviews. Visit financialintelligence.informa.com to learn more about Zephyr and to request a demo.
MEDIA CONTACT:
Zach Allegretti, JConnelly
973-850-7341
zallegrettiii@jconnelly.com
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SOURCE Zephyr | https://www.mysuncoast.com/prnewswire/2022/06/09/zephyr-named-finalist-2022-wealth-management-wealthies-awards-portfolio-analytics-portfolio-management-accounting-performance-reporting-industry-categories/ | 2022-06-09T20:15:40Z |
Sunshine State's Southern Region to See Multi-Unit Expansion from Experienced Entrepreneurs
MIAMI, June 10, 2022 /PRNewswire/ -- Batteries Plus, the nation's leading franchise brand for batteries, lights bulbs, key fobs and repair, announced today exciting plans to expand the brand into Southern Florida communities. The brand continues to exceed franchise development goals this year, having already signed on 35 stores in 2022, with 10 of those stores being in South Florida. This comes after Batteries Plus' record-breaking year in 2021, which included 88 signings between organic growths with current franchisees, as well as several multi-unit agreements. Experienced entrepreneurs Cecilia and Jorge Mattei, Cory Barrow, Jazz Singh, Jim Lipps and Greg Stai share plans to aggressively develop within the South Florida region to bring the essential services and product line of Batteries Plus to even more areas.
The diverse experience from Batteries Plus recently signed South Florida franchisees validates Batteries Plus' ability to attract impressive entrepreneurs. The Matteis are experienced franchisors, currently operating eight McDonald's restaurants, and will now operate three Batteries Plus stores alongside Cory Barrow, a high school teacher. Jim Lipps, a veteran with years of restaurant managerial experience, has invested in two locations with his fiancé. Greg Stai will be running three Batteries Plus stores along with a UPS store, after selling his $8 million logistics business. And Jazz Singh, a hardware store owner, will utilize his electronic sales and repair skills to operate two Batteries Plus stores.
"It's an honor to be able to provide the necessary resources that Floridian's are so reliant upon," said Cecilia Mattei, Batteries Plus Franchisee. "Southern Florida communities depend on reliable sources of energy, especially during seasons of severe weather. To contribute to the community in such a way is humbling, and I hope residents of South Florida can be confident knowing they have access to the tools needed to sustain their energy sources at Batteries Plus."
Southern Florida communities that can expect to see their own Batteries Plus opening in the near future include Boca Raton, Miami-Dade and Broward Communities, Miami, Naples and Fort Myers. In their plans for development, Singh, Barrow, Lipps, Stai and the Matteis, all share a mutual passion for the Batteries Plus brand and a desire to help provide resources for their fellow Floridians to power their everyday lives. The investment made by these franchisees into their multi-unit agreements denotes the support Batteries Plus provides to its franchisors through the brand's success rates, services and available resources.
"It's an honor to witness the immense market growth our brand has demonstrated in the state of Florida, an area that is so dependent on reliable power sources and tools during severe weather season," says Joe Malmuth, Vice President of Franchise Development and Relations for Batteries Plus. "The passion Mattei and Singh demonstrate as franchisees is a direct representation of Batteries Plus' goal to make the necessary resources to power our lives more accessible in communities everywhere. We look forward to expanding our footprint and providing essential products and services to South Florida, an area that needs it most."
To learn more about Batteries Plus, including information on franchise opportunities or to tour a store virtually, visit batteriesplusfranchise.com.
ABOUT BATTERIES PLUS:
Batteries Plus, founded in 1988 and headquartered in Hartland, Wisconsin, is a leading omnichannel retailer of batteries, specialty light bulbs and phone repair services for the direct-to-consumer and commercial channels. The retailer also offers key programming, replacement and cutting services. Through a nationwide network of stores, the company offers a differentiated value proposition of unrivaled product selection, in-stock availability and customer service. Batteries Plus is owned by Freeman Spogli, a private equity firm based in Los Angeles and New York City. To learn more about one of Forbes®' Best Franchises to Buy in America, visit https://www.batteriesplusfranchise.com.
Media Contact: Isabella Caruso, Fishman PR, icaruso@fishmanpr.com
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SOURCE Batteries Plus | https://www.kxii.com/prnewswire/2022/06/10/batteries-plus-announces-development-plans-southern-florida/ | 2022-06-10T14:20:09Z |
NEW YORK, July 2, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Arqit Quantum Inc. f/k/a Centricus Acquisition Corp. (NASDAQ: ARQQ, ARQQW, CENH, CENHU, CENHW): (i) between September 7, 2021 and April 18, 2022, both dates inclusive (the "Class Period"); and/or (ii) all holders of Centricus securities as of the record date for the special meeting of shareholders held on August 31, 2021 to consider approval of the merger between Arqit and Centricus (the "Merger") and entitled to vote on the Merger, of the important July 5, 2022 lead plaintiff deadline in the securities class action commenced by the Firm.
SO WHAT: If you purchased Arqit securities during the Class Period 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 Arqit class action, go to https://rosenlegal.com/submit-form/?case_id=5481 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 July 5, 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 throughout the Class Period and in the Proxy Statement issued in connection to the Merger made false and/or misleading statements and/or failed to disclose: (1) Arqit's proposed encryption technology would require widespread adoption of new protocols and standards of for telecommunications; (2) British cybersecurity officials questioned the viability of Arqit's proposed encryption technology in a meeting in 2020; (3) the British government was not an Arqit customer but, rather, providing grants to Arqit; (4) Arqit had little more than an early-stage prototype of its encryption system at the time of the Merger; and (5) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Arqit class action, go to https://rosenlegal.com/submit-form/?case_id=5481 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.wibw.com/prnewswire/2022/07/02/arqq-final-deadline-rosen-leading-law-firm-encourages-arqit-quantum-inc-fka-centricus-acquisition-corp-investors-with-losses-secure-counsel-before-important-tuesday-deadline-securities-class-action-commenced-by-firm-arqq-arqqw-cenh-cenhu-cenhw/ | 2022-07-02T11:45:03Z |
CHICAGO (AP) — Jurors were set to begin deliberating for a second day Wednesday at R. Kelly’s federal trial in Chicago, sorting through a month of evidence and arguments on charges accusing the singer of producing child pornography, enticing minors for sex and rigging his 2008 child porn trial.
Jurors must consider 13 separate counts, some involving complex law and assessments of which witnesses were more believable. They began deliberating Tuesday after Judge Harry Leinenweber gave them jury instructions, including explicit descriptions of what constitutes sexual abuse.
Before they withdrew Tuesday, Kelly attorney Jennifer Bonjean sounded indignant, likening government testimony and evidence to a cockroach and the government’s case to a bowl of soup.
If a cockroach falls into soup, she said, “you don’t just pull out the cockroach and eat the rest of the soup. You throw out the whole soup,” said told jurors. She said of the prosecution’s case: “There are just too many cockroaches.”
Kelly, 55, was sentenced in June to 30 years in prison during a separate federal trial in New York where he was convicted of racketeering and sex trafficking.
In her rebuttal Tuesday, prosecutor Jeannice Appenteng told jurors to remember the girls and women Kelly allegedly abused.
“When you are in the quiet of the jury room, consider the evidence in light of who is at the center of this case. Kelly’s victims: Jane, Nia, Pauline, Tracy and Brittany,” Appenteng said, referring to five Kelly accusers named in charging documents by their pseudonyms or first names.
She said as Kelly’s fame boomed in the mid-1990s, his inner circle increasingly geared everything they did to what Kelly wanted.
“And ladies and gentlemen, what R. Kelly wanted was to have sex with young girls,” she said.
Bonjean described Kelly as a flawed genius who has been functional illiterate since childhood and was ill-equipped to navigate his celebrity and expanding wealth. She said having been abused as a child also deeply affected him.
Known for his smash hit “I Believe I Can Fly” and for sex-infused songs such as “Bump n’ Grind,” Kelly sold millions of albums even after allegations of sexual misconduct circulated in the 1990s. Widespread outrage emerged after the #MeToo reckoning and the 2019 Lifetime docuseries “Surviving R. Kelly.”
Kelly and co-defendant Derrell McDavid, Kelly’s ex-business manager, are accused of fixing Kelly’s 2008 trial on state child porn charges by intimidating and paying off witnesses.
Kelly faces four counts of producing child porn, one of conspiring to obstruct justice by fixing the 2008 trial, one of conspiring to receive child porn, two of actually receiving it and five of enticing minors for sex.
McDavid is charged with four counts — two for receiving child porn, one for conspiring to do so and one for conspiring to obstruct justice by rigging the 2008 trial, at which Kelly was acquitted.
Co-defendant Milton Brown, a former Kelly associate, faces a single count of conspiring to receive child pornography.
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Follow Michael Tarm on Twitter at https://twitter.com/mtarm and find AP’s full coverage of the R. Kelly trial at https://apnews.com/hub/r-kelly | https://cw33.com/entertainment-news/ap-entertainment/ap-day-2-of-jury-deliberations-at-r-kellys-child-porn-trial/ | 2022-09-14T15:28:37Z |
The #OLAFLEX Challenge Asks Fans Their Hair Woes of the Past and Celebrates Their Healthy Hair Journey of Today with OLAPLEX
SANTA BARBARA, Calif., Aug. 23, 2022 /PRNewswire/ -- OLAPLEX, the brand that singlehandedly created the bond building hair category and has gone viral by amassing over 1.2 billion views with #OLAPLEX on TikTok, is excited to announce its first TikTok hashtag challenge which already reached over 3 billion views in 72 hours. OLAPLEX is challenging its loyal fans to share their wildest, craziest hair from the past, compared to their healthy hair today that they got by using OLAPLEX by using the hashtag #OLAFLEX. The campaign taps into the nostalgia trends that are gaining momentum on TikTok and will rally passionate salon professionals and consumers around the mutual fact that while everyone has made hair mistakes in the past, OLAPLEX has helped them on their journey to healthy hair.
OLAPLEX partnered with Felix Cartal, an EDM DJ and producer to create a TikTok original track for the campaign. Cartal has two million Spotify followers and is known on TikTok for his unofficial remixes of popular TV show theme songs. OLAPLEX specifically selected Cartal due to his connectivity to pop culture and what is trending, as well as his incredible talent, creating positive and uplifting music. The original track follows his personal style as well as provides an upbeat and fun theme for the campaign.
"TikTok is the perfect platform to engage with our loyal OLAPLEX users, who've helped build our organic momentum on the platform, going from twenty-four million views to more than one billion in less than 30 months," said Charlotte Watson, CMO for OLAPLEX. "We view this challenge as a fun way to help educate on OLAPLEX's original patented bond-building technology to relink hair bonds to repair and strengthen from the inside for healthier hair."
"OLAPLEX is a prime example of a brand leaning into their organic momentum with the TikTok community and amplifying that success to build deeper engagement through a hashtag challenge. We know music and sound plays a huge role on our platform, so we loved getting to see the community co-create with the custom track OLAPLEX created with Felix Cartal. From stylists to mother daughter duos, we saw over 400 creator videos made in a 3-day period to reach unique corners of the diverse hair community on TikTok," said Ross Wakeham, Group Vertical Director of Growth, Global Business Solutions, TikTok.
OLAPLEX has a track record of user-generated content on the platform from organic, authentic relationships with mega and micro influencers. The #OLAFLEX TikTok challenge will be supported by over 400 influencers with the majority being micro influencers who will help amplify the campaign through their own original content, including Clara (@ClaraGrugz), Molly (@Scarlettohair) and Cyrus (@Cyrusveyssi). OLAPLEX Ambassadors Tracey Cunningham, Chad Kenyon, Christin Brown and others will also create content for the campaign.
OLAPLEX worked with integrated full-service social media agency Kubbco on this campaign.
All OLAPLEX products contain a revolutionary bond-building technology with over 100 worldwide patents that created the bond-building hair care category and is exclusive to OLAPLEX. This technology penetrates the hair shaft working on the entire hair structure to rebuild the hair throughout. It builds a permanent bridge between the disulfide bonds. At the same time, it lessens and/or eliminates damage caused by molecules that eat protein from the hair by working faster than the damage can occur.
Since its founding, OLAPLEX has been proud to be non-toxic, cruelty-free, and vegan. OLAPLEX is free of over 50 questionable ingredients including Sulfates (SLS & SLES), Parabens, Phthalates, Phosphates. All OLAPLEX products have The Clean at Sephora seal and are proud of their continued commitment to reduce their secondary packaging and not add to their carbon footprint.
100% free of sulfates, phthalates, parabens, or gluten. Vegan. Color-safe.
Felix Cartal is an EDM DJ and Producer from Canada. He has racked up a string of hits and won a JUNO Award in his native Canada in 2020, with his club-ready dance tracks and expansive electronic pop. His fourth album – Expensive Sounds For Nice People – finds the DJ, producer and songwriter displaying the duality at his music's core. Folk-tinged, dance-pop anthem, Mine – co-written with LA-born singer Sophie Simmons – is one of two singles on the album to have gone platinum in Canada. The other, Love Me – with fellow Canadian, Lights – won a JUNO for Best Dance Recording in 2020.
Kubbco is how great social content gets made and distributed. They replace your lead creative agency, your media agency, your influencer marketing agency, and your social media agency. They are a global integrated full-service team that delivers creative social media campaigns and content and distributes across paid media channels. Their team of international strategists, media planners and buyers, creatives, content creators, community managers, and project managers are experts in social media. Their campaigns have been featured in AdWeek, The Drum, and AdAge, and have reached over 1 billion people.
Our humble beginnings started in a California garage, and since 2014, the brand quickly became a global sensation, paving the way for a completely new category of haircare called "bond-building." Today, OLAPLEX is one of the largest independent hair care brands in the world with over 100 worldwide patents. Our exclusive scientifically proven bond-building technology restores damaged and compromised hair by repairing it from the inside out. Simply put, this first-of-its-kind ingredient works two-fold to protect the hair from damage while simultaneously also being able to re-link the disulfide bonds back together. For all hair types, it provides immediate results to repair the 5 types of damage including chemical services, heat styling, mechanical damage, environmental damage and lifestyle or physiological changes.
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SOURCE OLAPLEX | https://www.kxii.com/prnewswire/2022/08/23/olaplex-olaflex-hashtag-reached-over-3-billion-views-72-hours/ | 2022-08-23T16:49:06Z |
Closing prices for crude oil, gold and other commodities
The Associated Press
Benchmark U.S. crude oil for June delivery fell $6.68 to $103.09 a barrel Monday. Brent crude for July delivery fell $6.45 to $105.94 a barrel.
Wholesale gasoline for June delivery fell 12 cents to $3.64 a gallon. June heating oil fell 12 cents to $3.83 a gallon. June natural gas fell $1.01 to $7.03 per 1,000 cubic feet.
Gold for June delivery fell $24.20 to $1,858.60 an ounce. Silver for July delivery fell 55 cents to $21.82 an ounce and July copper fell 8 cents to $4.19 a pound.
The dollar fell to 130.32 Japanese yen from 130.59 yen. The euro rose to $1.0566 from $1.0546. | https://localnews8.com/news/ap-national-business/2022/05/09/closing-prices-for-crude-oil-gold-and-other-commodities-184/ | 2022-05-09T20:27:38Z |
North America to experience total solar eclipse on April 8, 2024
Published: Apr. 8, 2022 at 10:38 AM CDT|Updated: 12 minutes ago
(Gray News) - A total solar eclipse will cross North America two years from today on April 8, 2024.
With a total solar eclipse, the moon passes between the sun and the Earth, completely blocking the face of the sun.
NASA says 13 U.S. states will be within the path of totality: Texas, Oklahoma, Arkansas, Missouri, Illinois, Kentucky, Indiana, Ohio, Pennsylvania, New York, Vermont, New Hampshire and Maine. Parts of Mexico and Canada will also be within the path of totality.
For exact times on when the eclipse will occur in each area, visit NASA’s website.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/04/08/north-america-experience-total-solar-eclipse-april-8-2024/ | 2022-04-08T15:52:22Z |
PITTSBURGH, April 20, 2022 /PRNewswire/ -- EQT Corporation (NYSE: EQT) today declared a quarterly cash dividend of $0.125 per share, payable on June 1, 2022, to shareholders of record at the close of business on May 11, 2022.
Investor Contact:
Cameron Horwitz
Managing Director, Investor Relations & Strategy
412.395.2555
Cameron.Horwitz@eqt.com
About EQT Corporation
EQT Corporation is a leading independent natural gas production company with operations focused in the cores of the Marcellus and Utica Shales in the Appalachian Basin. We are dedicated to responsibly developing our world-class asset base and being the operator of choice for our stakeholders. By leveraging a culture that prioritizes operational efficiency, technology and sustainability, we seek to continuously improve the way we produce environmentally responsible, reliable and low-cost energy. We have a longstanding commitment to the safety of our employees, contractors, and communities, and to the reduction of our overall environmental footprint. Our values are evident in the way we operate and in how we interact each day – trust, teamwork, heart, and evolution are at the center of all we do. To learn more, visit eqt.com.
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SOURCE EQT Corporation (EQT-IR) | https://www.wibw.com/prnewswire/2022/04/20/eqt-declares-quarterly-cash-dividend/ | 2022-04-20T20:33:56Z |
First of three newly refurbished courts unveiled during Juneteenth celebration in Windiate Park
Court designed by Flint native Jamiersen Green celebrates the power of collaboration, transformation, and unity
FLINT, Mich., June 19, 2022 /PRNewswire/ -- The FlintNOW Foundation, created by Detroit Pistons owner and Flint native Tom Gores, is partnering with Genesee County Parks Commission and Flint native Jamiersen Green to renovate basketball courts in three parks throughout the county.
The first location, Windiate Park, was completed over the weekend, and the freshly painted court was unveiled during a Juneteenth celebration on Sunday. The ribbon cutting ceremony was attended by representatives from all the organizations that worked together to complete the Windiate Park project, including: FlintNOW and the Detroit Pistons, Genesee County Parks Commission (GCPRC), Leader Quality, and Howard's Helping Hands.
"I've always believed the most impactful solutions come from people on the ground, in the community working together to make a difference," said Gores. "The tireless efforts of local residents to provide safe spaces for kids are truly admirable. I'm proud we could bring everyone together and leverage their vision and creativity to make Windiate Park a vibrant place for children to play."
Funding for the three park projects is provided in part by a $100,000 grant from the FlintNOW Foundation. In addition to the mural at Windiate Park, courts at William Durant Park and Riverside West Park will be resurfaced and rehabilitated over the next 18 months.
"Community voice and equity are the driving forces in the work that we do, and this collaboration put those factors front center," said Nancy Edwards, Recreation Programs and Grants Officer for Genesee County Parks. "Windiate Park represents so many things, but unity, transformation and hope are the main ingredients, and the new court design brings those elements to life. We are grateful to Tom Gores, FlintNOW, Jamiersen Green, and Shareka and the Howard family for their continued support of our parks and our community."
The idea for the parks program originated with Green, an artist and Flint native who founded Leader Quality, a multidimensional creative agency. Green has previously worked with the Pistons organization and approached the FlintNOW Foundation about working together.
The court mural unveiled Sunday in Windiate Park was designed by Green with input from community stakeholders, including Shareka Howard of Howard's Helping Hands.
"The hands on the court represent people from all cultures and genders, reaching together in common cause, which is to inspire and lift up the people of Flint," said Green. "Community and equality are the inspiration for this design, as well as the shared goal of ensuring all voices are heard across our city. I'm grateful for the collective efforts of FlintNOW, the Detroit Pistons, Genesee County, and Shareka Howard throughout this project."
In 2014, Howard and her organization, Howard's Helping Hands, adopted Windiate Park, with the goal of making the once vibrant park a safe place for children to play in again after years of downturn. Since then, Howard's Helping Hands has provided free activities at Windiate Park for adults and children of Genesee County, including sports training camps, co-ed flag football, fitness in the park, and a Winter Wonderland.
Throughout this project, Howard and her knowledge of this park and community has been instrumental in the execution of this renovation.
"This collaboration and the spirit of giving is what our community around the park represents, through all we have been through and continue to go through in the City of Flint," said Howard. "We are grateful for the opportunity to work together to create something positive. We know that as long as we stand together and work together, we will succeed and make life better for our children."
About FlintNOW Foundation
The FlintNOW Foundation (www.FlintNOW.org) was created by Tom Gores to provide private sector support for immediate relief efforts during the water crisis in Flint, Mich., and for long-term programs focused on economic development, nutrition and health care for residents of the city. FlintNOW partnerships include a $2 million pledge from Tom Gores and Consumers Energy to start the Flint Promise scholarship program, a $25 million economic development program launched with Huntington Bank, a healthy foods initiative created with the National Basketball Players Association and Michigan State University-Hurley Children's Hospital Pediatric Public Health Initiative, and numerous campaigns that have provided millions of dollars in support to local Flint charitable organizations.
About Genesee County Parks & Recreation Commission
The Genesee County Parks & Recreation Commission (GCPRC) owns and operates more than 11,000 acres of parkland, making it the largest county park system in the state of Michigan. Genesee County Parks is dedicated to quality recreational opportunities for everyone and preservation of natural resources. Our vision is that Parks Bring People Together and we accomplish that through Vision, Consistency, Customer Services, Integrity, Stewardship, and Teamwork. We serve all residents of Genesee County and visitors to our area. Keep Genesee County Beautiful (KGCB) became a program of the Genesee County Parks in 2016. KGCB was created in 2004 with the mission to encourage, educate, and engage the community in ongoing cleanup and beautification of Genesee County. KGCB's vision is beautiful, clean, and sustainable neighborhoods, parks and open spaces in Flint and Genesee County achieved through Individual Responsibility, Volunteer Action, and Partnerships. More information is available here https://geneseecountyparks.org/ and here https://geneseecountyparks.org/kgcb/.
About Jamiersen Green
With over 10+ years in the Culture & Creative industry Jamiersen has ideated, designed, directed, managed and executed major events & plans for mainstay brands and companies throughout the street culture industry. Through his experience he has obtained insight into the direction of culture, connections to various influencers and brands. Coupled with the knowledge on how to navigate and build sustainability, growth, and excitement through authentic marketing and experiences. Jamiersen's mission is to bring a new age of marketing and influence to the industry through serving brands and building generational influence. He commands excellence out of himself, and lives by the code "Whatever you do, work at it with all your heart."
About Howard's Helping Hands
In 2014, Shareka Howard and her family adopted Windiate Park, with inspiration to make the once vibrant park a safe place for children to play in after years of downturn within the park. Howard's Helping Hands has been leading the way providing activities for free to children and adults within the community, including sports training camps, co-ed flag football, fitness in the park, and a Winter Wonderland. The organization also lends itself to assisting many organizations in Genesee County with sports development and mentorship programs. In looking for something to encourage community unity, family togetherness, and to uplift fathers in the area, Shareka and her family run an annual basketball tournament on Father's Day in honor of their pastor and mentor George Stevens of City Ministries. Windiate Park and the community around are all family and the heart and soul of Flint, Windiate Park is now one of the safest and most used parks in the City of Flint.
Media Contacts:
Dan Whelan
FlintNOW Foundation
dwhelan@platinumequity.com
310-282-9202
Clark Williams
Detroit Pistons
313-771-7591
cwilliams@pistons.com
Nancy Edwards
Keep Genesee County Beautiful
Genesee County Parks & Recreation Commission
nedwards@gcparks.org
810-209-6011
Jamiersen Green
Leader Quality
jamiersen@leaderqlty.com
Shareka Howard
Howard's Helping Hands
sharekahoward23@gmail.com
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SOURCE FlintNOW Foundation | https://www.kxii.com/prnewswire/2022/06/19/tom-gores-flintnow-foundation-joins-forces-with-flint-artist-local-advocates-parks-officials-renovate-basketball-courts-genesee-county/ | 2022-06-19T22:15:02Z |
HOUSTON, June 18, 2022 /PRNewswire/ -- Beginning Tuesday, June 21, Texas Children's Hospital will begin administering both the Pfizer and Moderna COVID-19 vaccines to children aged 6 months to 5 years, following FDA emergency-use authorization and recommendations for safe administration from the CDC.
Texas Children's applauds the FDA and CDC for taking this important, additional step to protect young children against COVID-19 infection and its potential long-term ramifications. Vaccinating children as young as 6 months old will offer them a critical defense against the Coronavirus, while also offering further protection for their parents, grandparents, teachers and other caregivers.
"In the more than two years since COVID-19 became a deadly and destructive influence in all of our lives, we have made monumental progress in our efforts to vaccinate against this virus," said Mark A. Wallace, President and CEO of Texas Children's Hospital. "And now today, to be at a point where we can protect children as young as 6 months old is extraordinary. We are ready and eager to continue leading in this fight."
As the largest pediatric hospital in the country, Texas Children's is ideally suited and well equipped to safely administer COVID-19 vaccines to eligible children in the community. As a part of Texas Children's robust vaccination initiative, the hospital has created an organized system for scheduling and administration of various vaccine doses, along with child-friendly characters and settings with engaging activities and entertainment for an enhanced patient experience.
As a participating hospital in Pfizer's COVID-19 pediatric clinical trials for children aged six months to 11 years, Texas Children's continues to deliver on its commitment to safely vaccinate millions of children.
Parents and caregivers seeking to vaccinate their children can schedule a COVID-19 vaccine at six Texas Children's Hospital locations throughout Houston and Austin with the hospital's COVID-19 Vaccine Appointments scheduler. Free valet or validated parking is provided for families visiting Texas Children's Texas Medical Center, The Woodlands and West campuses for this vaccine.
Parents who wish for their children to receive a COVID-19 vaccine at one of the 15 Texas Children's Pediatrics community vaccination sites throughout Houston, College Station and Austin can visit the COVID-19 Hub to schedule an appointment. Appointments can also be scheduled via MyChart or by calling their Texas Children's Pediatrics office.
To learn more about COVID-19 vaccines and Texas Children's equitable vaccination efforts, please visit the Texas Children's COVID-19 Vaccine Hub. For more information about Texas Children's Hospital, visit www.texaschildrens.org.
Texas Children's Hospital, a not-for-profit health care organization, is committed to creating a healthier future for children and women throughout the global community by leading in patient care, education and research. Consistently ranked as the best children's hospital in Texas, and among the top in the nation, Texas Children's has garnered widespread recognition for its expertise and breakthroughs in pediatric and women's health. The hospital includes the Jan and Dan Duncan Neurological Research Institute; the Feigin Tower for Pediatric Research; Texas Children's Pavilion for Women, a comprehensive obstetrics/gynecology facility focusing on high-risk births; Texas Children's Hospital West Campus, a community hospital in suburban West Houston; and Texas Children's Hospital The Woodlands, the first hospital devoted to children's care for communities north of Houston. The organization also created Texas Children's Health Plan, the nation's first HMO for children; Texas Children's Pediatrics, the largest pediatric primary care network in the country; Texas Children's Urgent Care clinics that specialize in after-hours care tailored specifically for children; and a global health program that's channeling care to children and women all over the world. Texas Children's Hospital is affiliated with Baylor College of Medicine. For more information, go to www.texaschildrens.org. Get the latest news by visiting the online newsroom and Twitter at twitter.com/texaschildrens.
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SOURCE Texas Children's Hospital | https://www.mysuncoast.com/prnewswire/2022/06/18/texas-childrens-hospital-begin-safely-administering-covid-19-vaccines-children-aged-6-months-5-years/ | 2022-06-18T22:29:12Z |
Supreme Court tackling case about praying football coach
WASHINGTON (AP) - The Supreme Court will tackle a dispute between public school officials and a former high school football coach who wanted to kneel and pray on the field after games.
The case before the justices on Monday involves Joseph Kennedy, a former football coach at Bremerton High School in Bremerton, Washington. For years, the coach would kneel at the center of the field following games and lead students in prayer. The school district eventually learned what he was doing and asked him to stop.
Kennedy’s lawyers say the Constitution’s freedom of speech and freedom of religion guarantees allow him to pray on the field, with students free to join. But the school district says Kennedy’s religious speech interfered with students’ own religious freedom rights, could have the effect of pressuring students to pray and opened the district itself to lawsuits. The school district says it tried to work out a solution so Kennedy, who is Christian, could pray privately before or after the game, including on the field after students left, but Kennedy’s lawsuit followed.
The case comes to the court at a time when conservative justices make up a majority of the court and have been sympathetic to the concerns of religious individuals and groups, such as groups that brought challenges to coronavirus restrictions that applied to houses of worship.
But cases involving religion can also unite the court. Last year, for example, the court unanimously sided with a Catholic foster care agency that said its religious views prevent it from working with same-sex couples. Already this term in an 8-1 decision the justices ruled for a Texas death row inmate who sought to have his pastor pray aloud and touch him while his execution was carried out.
The case from Bremerton, meanwhile, has already caught the justices’ attention. In 2019 the justices declined to get involved in the case at an earlier stage. But four justices were critical of lower court rulings for the school district, writing that an appeals court’s “understanding of the free speech rights of public school teachers is troubling.”
Kennedy started working at Bremerton High School in 2008, and it was his practice at the end of games — after the players and coaches from both teams would meet at midfield to shake hands — to pause and kneel to pray. Kennedy said he wanted to give thanks for what his players had accomplished and for their safety, among other things.
Kennedy initially prayed alone on the 50-yard line at the end of games, but students started joining him and over time he began to deliver a short, inspirational talk with religious references. Kennedy says he never required players to join or asked any student to pray. He also led the team in prayer in the locker room before games, a practice that predated him.
The school district didn’t learn of Kennedy’s practice until 2015. It told him then that he needed to stop praying with students or engaging in overtly religious activity while still “on duty” as a coach. After Kennedy continued to pray on the field, he was placed on paid leave. His contract expired and he didn’t reapply to coach the following year, the school says.
A decision is expected before the court begins its summer recess.
The case is Kennedy v. Bremerton School District, 21-418.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/04/25/supreme-court-tackling-case-about-praying-football-coach/ | 2022-04-25T10:25:28Z |
Mayo Clinic first to enroll in registry with study of 2,000 patients being treated for obesity
ST. PAUL, Minn., May 25, 2022 /PRNewswire/ -- Phenomix Sciences (Phenomix), a precision obesity biotechnology company, announces today the launch of its biobanking registry and outcomes study. The registry will evaluate variability in obesity treatment response by collecting patients' DNA, metabolomics, hormones, and behavioral assessments, in relation to treatment outcomes. The data collected will supplement the 20 billion unique data points that make up the Phenomix Sciences Obesity Platform. Mayo Clinic is the first to enroll in the registry and is expected to contribute patient outcomes from 2,000 patients undergoing obesity treatment.
The biobanking registry is a critical milestone in Phenomix's mission to conquer obesity by creating unprecedented access to clinical and molecular data throughout all stages of the disease. Outcomes data from biobanks across the registry will supplement Phenomix's database of biological and clinical data matched to the four obesity phenotypes. Insights generated from the database are being used to develop the company's first therapy selection test, the first of its kind in the obesity space.
A growing body of evidence indicates that obesity is not a single disease with a single treatment type, but a constellation of diseases. Obesity's roots lie in an individual's DNA; however, evidence suggests there is a complicated web connecting obesity to age, race, gender, education, and socioeconomic status. Understanding a person's obesity phenotype — the combination of genes with environmental and behavioral factors — can help pinpoint the cause of weight gain. Phenomix's technology is based on research from its physician founders, Drs. Acosta and Camilleri of Mayo Clinic. Their research has demonstrated that when phenotyped and prescribed the right medications, patients can achieve up to twice the weight loss of those not phenotyped.
In addition to creating the first biobanking registry of this type, this is the first large scale study of variability in response in patients with obesity treated with a variety of interventions. The biobank registry's impact has the potential to change the obesity ecosystem from treatment recommendations to the way payers determine coverage and how industry combines diagnostics testing with drug therapy.
"This is an exciting time in the evolution of obesity medicine," said Mark Bagnall, CEO of Phenomix Sciences. "The justifiable excitement about new weight management products such as semaglutide and tirzepatide has highlighted the value of rigorous research in the field. Our biobanking agreement with Mayo Clinic is an important opportunity to make vast strides in how we understand the complexities of obesity treatment. We believe the biobanking registry investment will better support obesity centers by providing concrete evidence and insights into how DNA and other factors need to be considered in treatment. The upside is significant for patients and payers. Patients get the right treatment the first time and payers avoid paying for a costly trial-and-error approach."
About Phenomix Sciences
Phenomix Sciences is a biotechnology pioneer on a mission to conquer obesity globally through the science of phenotyping, the understanding of how genes combined with environmental and behavioral factors can inform obesity treatment plans. Mayo Clinic physicians, scientists, and researchers, Drs. Acosta and Camilleri, founded the company under the belief that the key to understanding obesity is unprecedented access to its clinical and molecular information throughout all stages and phenotypes of the disease. Phenomix leverages data intelligence to yield better accuracy in predicting individual patient response to specific weight loss interventions and reducing the variability in weight loss results for patients. For more information, please visit www.phenomixsciences.com.
CONTACT: Erika Beerbower, ebeerbower@ampublicrelations.com
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SOURCE Phenomix Sciences | https://www.mysuncoast.com/prnewswire/2022/05/25/phenomix-sciences-announces-first-precision-obesity-biobanking-registry-outcomes-study/ | 2022-05-25T19:11:00Z |
Iconic rotisserie kitchen presents the Future of Nuggets to all locations
GOLDEN, Colo., July 11, 2022 /PRNewswire/ -- Boston Market is changing how you eat rotisserie chicken and nuggets. The future of nuggets is here and thanks to Boston Market, they're roasted, not fried. Today, the beloved family brand proudly announces the launch of its one and only, Rotisserie Chicken Nuggets, a healthier grab-and-go meal option that currently does not exist in the market and is packed with big flavor. The nugget innovation will be available at all 315 restaurants nationwide and can be ordered in either signature or spicy flavors.
Boston Market's Rotisserie Chicken Nuggets are prepared with 100-percent all-white meat, taken from the best part of the chicken, and portioned into bite-size pieces. No two are alike. The nuggets are marinated with Boston Market's renowned rotisserie chicken seasoning or spicy seasoning, depending on your tastebuds, to lock in flavor and make each bite as juicy as possible.
The all-white-meat pieces are made-to-order and roasted in our rotisserie oven, receiving the same treatment our customer-favorite chickens get thanks to a proprietary basket cooking method created by Boston Market. The basket allows the rotisserie oven heat to gently roast each and every nugget as it rotates, similar to what the rotisserie chickens do at our restaurant.
"The Rotisserie Chicken Nuggets will set the new standard for nuggets," said President and Chief Rotisserie Expert for Boston Market, Jay Pandya. "They are bigger than our competitors, healthier than fried alternatives, and packed with flavor—there is no other true rotisserie option on the market."
Boston Market brought this new innovative item to its menu to fill a void customers were searching for. Rotisserie Chicken Nuggets will cater to a new generation of consumers who are on the move and craving a product they can eat on the go.
"Our chefs worked hard to perfect a new type of nugget for consumers that is fresher and healthier, without the heavy breading or grease. These nuggets are our first hand-held option meal, so there's no need for a knife and fork and guests can enjoy our signature rotisserie chicken on the go," concluded Pandya.
Because the nuggets aren't fried like those sold by competitors, customers can expect a "guilt-free" meal. Boston Market-made nuggets are more convenient than ever in a hand-held meal option, served in a specially designed nugget cup. Guests can head to their nearest Boston Market and try the newest innovation in nuggets in a variety of combination meals including:
- A small combo meal, including eight rotisserie chicken nuggets, one regular side, a fountain drink and a Boston Market dipping sauce, starting at $8.29
- A large combo meal, including 12 rotisserie chicken nuggets, one regular side, one fountain drink, and two Boston Market dipping sauces, starting at $10.39
- A la carte in Small (five nuggets and one dipping sauce, starting at $3.30), Medium (eight nuggets and one dipping sauce, starting at $5.20) or Large (12 nuggets and two dipping sauces, starting at $7.65)
- A Kid's Meal, including five nuggets, one small side, one dipping sauce, one kid's drink, and one cornbread, starting at $5.49
- A catering platter, including 80 nuggets and 10 dipping sauces, starting at $59.99
All meals including a la carte options can be ordered in either the signature or spicy style.
The new nuggets can be served in-restaurant or drive-thru and can be ordered for takeout, delivery and contactless curbside pickup by visiting the Boston Market website or placing an order on the Boston Market app. For additional information, newest menu offerings, brand news or to find the nearest Boston Market location, please visit bostonmarket.com.
About Boston Market:
Long admired by consumers as the place to enjoy the 'original' rotisserie chicken, Boston Market has 36 years of creating cherished family moments and placing convenient home-style meals on millions of American dinner tables. The family-oriented brand humbly began in 1985 with a menu featuring its spit-roasted rotisserie chickens, made-from-scratch cornbread and creamy mac and cheese. Today, the Golden, Colorado-based brand operates over 300 Boston Market restaurants nationwide, remaining true to its commitment to serve all-natural, fresh and never frozen whole chickens with no added hormones, steroids, antibiotics or MSG. For more information, please visit the company's website at bostonmarket.com. For the latest news and deals, follow @bostonmarket on Twitter, Instagram or join us on Facebook and Tik Tok.
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SOURCE Boston Market | https://www.wibw.com/prnewswire/2022/07/11/boston-market-launches-one-only-rotisserie-chicken-nuggets/ | 2022-07-11T14:36:45Z |
DALLAS, May 16, 2022 /PRNewswire/ -- Ashford Securities LLC ("Ashford Securities"), a wholly-owned subsidiary of Ashford Inc. (NYSE American: AINC) ("Ashford"), and managing broker-dealer for Braemar Hotels & Resorts Inc. (NYSE: BHR) ("Braemar"), today announced it has raised more than $100 million (stated value) for Braemar through the Series E and Series M Redeemable Preferred Stock Offering. Shares were distributed through a syndicate of 44 broker-dealers, institutions, and RIA firms. Braemar may sell up to $500 million total of Series E and Series M Preferred Stock.
Since the offering launched on July 9, 2021, Braemar has acquired two iconic hotels, the 138-room Mr. C Beverly Hills ("Mr. C") in Los Angeles, California and the ultra-luxury, 96-key Ritz-Carlton Reserve located in Dorado Beach, Puerto Rico. The recent acquisitions are representative of Braemar's strategy to invest primarily in luxury assets located in premium urban and resort markets.
"In my 30 year career working in the alternatives space, I've seen only a few new distribution platforms raise $100 million for an issuer in its first year," said C. Jay Steigerwald III, President, Head of Distribution, Ashford Securities. "We are excited about the momentum we've built for Braemar's Non-Traded Preferred Stock offering and look forward to launching additional investment products in this channel soon."
About Ashford Securities LLC
Ashford Securities, member FINRA/SIPC, is an SEC-registered broker-dealer that is wholly-owned by Ashford and serves as the distributor for investment products within the Ashford group of companies.
About Braemar Hotels & Resorts Inc.
Braemar is a real estate investment trust (REIT) focused on investing in luxury hotels and resorts.
About Ashford Inc.
Ashford is an alternative asset management company with a portfolio of strategic operating businesses that provides global asset management, investment management and related services to the real estate and hospitality sectors.
Certain statements and assumptions in this press release contain or are based upon "forward-looking" information and are being made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements in this press release include, among others, statements about the future performance of the Braemar offering and the growth of the syndicate of broker dealers and RIA firms. These forward-looking statements are subject to risks and uncertainties. When we use the words "will likely result," "may," "anticipate," "estimate," "should," "expect," "believe," "intend," or similar expressions, we intend to identify forward-looking statements. Such statements are subject to numerous assumptions and uncertainties, many of which are outside our control.
These forward-looking statements are subject to known and unknown risks and uncertainties, which could cause actual results to differ materially from those anticipated, including, without limitation: the impact of the COVID-19 pandemic ("COVID19"), including one or more possible recurrences of COVID-19 case surges that would cause state and local governments to reinstate travel restrictions and the rate of adoption and efficacy of vaccines to prevent COVID-19, on our business and investment strategy; Ashford's ability to maintain compliance with NYSE American LLC continued listing standards; Ashford's ability to regain Form S-3 eligibility; Ashford's ability to repay, refinance or restructure our debt and the debt of certain of its subsidiaries; anticipated or expected purchases or sales of assets; our projected operating results; completion of any pending transactions; our understanding of our competition; market trends; projected capital expenditures; the impact of technology on our operations and business; general volatility of the capital markets and the market price of Ashford's common stock and preferred stock; availability, terms and deployment of capital; availability of qualified personnel; changes in our industry and the markets in which we operate, interest rates or the general economy; and the degree and nature of our competition. These and other risk factors are more fully discussed in Ashford's filings with the SEC.
The forward-looking statements included in this press release are only made as of the date of this press release. Such forward looking statements are based on our beliefs, assumptions, and expectations of our future performance taking into account all information currently known to us. These beliefs, assumptions, and expectations can change as a result of many potential events or factors, not all of which are known to us. If a change occurs, our business, financial condition, liquidity, results of operations, plans, and other objectives may vary materially from those expressed in our forward-looking statements. You should carefully consider this risk when you make an investment decision concerning Ashford's securities. Investors should not place undue reliance on these forward-looking statements. We can give no assurance that these forward-looking statements will be attained or that any deviation will not occur. We are not obligated to publicly update or revise any forward-looking statements, whether as a result of new information, future events or circumstances, changes in expectations, or otherwise, except to the extent required by law. This overview is for informational purposes only and is not an offer to sell, or a solicitation of an offer to buy or sell, any securities of Ashford, or any of its subsidiaries, and may not be relied upon in connection with the purchase or sale of any such security, and the information contained herein does not form part of any prospectus of Ashford that may be used to offer or sell Ashford securities.
Additional Information
The SEC has declared effective the registration statement (including a prospectus) filed by Braemar for the offering to which this communication relates. Before you invest, you should read the final prospectus and the accompanying prospectus supplements, forming a part of that registration statement and other documents Braemar has filed with the SEC for more complete information about Braemar and the offering to which this communication relates. In particular, you should carefully read the risk factors described in the final prospectus, the accompanying prospectus supplements and the documents incorporated by reference therein. You may get these documents for free by visiting EDGAR on the SEC's website at www.sec.gov. Alternatively, Braemar, Ashford Securities or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1-800-970-8929.
The final prospectus, prospectus supplement no. 1, prospectus supplement no. 2 and prospectus supplement no. 3 for the offering, dated February 25, 2020, April 2, 2021, November 12, 2021 and January 24, 2022, respectively, can be accessed through the following links:
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SOURCE Ashford Inc. | https://www.wibw.com/prnewswire/2022/05/16/ashford-securities-surpasses-100-million-capital-raise-milestone-its-first-investment-product/ | 2022-05-16T13:07:52Z |
Lindsey's Restaurant, a longtime Canton mainstay, has served its final meals
CANTON – A level of high energy was pervasive as waitresses scurried with breakfast meals just prepared by a team of cooks furiously working over the hot grill.
Sunday was the final day of operation for Lindsey's Restaurant, a longtime Canton staple.
But with a dining room full of patrons and every employee, including the owners, in constant motion, it resembled more of a grand opening.
"Should have been here this morning," said Kenny Billman, co-owner of the establishment at 1900 Tuscarawas St. W. "We had a line all the way down the parking lot. Probably about 80 people waiting to greet us."
More:Lindsey's Restaurant to close July 17
The other owner, Bob Wise, spent Sunday morning hovering over the grill, preparing meals of potatoes, eggs and pancakes.
"I am 65 and I have been coming here since I was 19 years old," said patron Jeff Shurtz, while seated at the counter having breakfast. "I love it. His crew is what made it over the years."
Building owner wants to end lease
Mounted on the wall near the grill were several signs containing humorous and catchy statements such as: "I can only please one person a day. And today ain't your day."
Billman explained the reason for closing the restaurant has more to do with the owner of the building.
"We lost our lease," Billman said. "The owner wants this building back by the end of the year. I think he wants something like a gas station to come in here. We don't know for sure."
One of the ever-moving waitresses was Chrystin Betleyoun.
"I haven't been here as long," Betleyoun said. "But I am going to miss all my customers. It is sad."
One of the customers was Fletcher Howard, seated at a dining table waiting for his order of waffle and potatoes.
While discussing Lindsey's closing, Howard replied, "I hate it. I really like the food. I came here yesterday, too. They are one of the best, Plus the prices are real good."
To fill his restaurant void, Howard anticipates spending his dining time at Ferraro's Family Restaurant at 3822 Navarre Road SW.
Lindsey's focus has been a family environment as there was no alcoholic beverages sold.
"That's the way it has always been," Billman said. "We tried to work on quantity and low pricing."
Attempts to find a buyer for the restaurant have not met with success.
"We have been trying," Billman said.
The plan was to close for good at 2 p.m. Sunday "or whenever we we run out of food," Billman said.
Reach Malcolm at 330-596-0326
or malcolm.hall@cantonrep.com
On Twitter: mhallREP | https://www.cantonrep.com/story/news/2022/07/17/final-day-lindseys-restaurant-canton/10054520002/ | 2022-07-17T22:25:34Z |
JUNO BEACH, Fla., May 16, 2022 /PRNewswire/ -- NextEra Energy Partners, LP (NYSE: NEP) today announced that it anticipates that the resale registration statement on Form S-3, previously filed by NextEra Energy Partners with the Securities and Exchange Commission (the "Commission") on April 15, 2022 (the "resale registration statement"), will be declared effective by the Commission on or about June 7, 2022. The registration statement will register the resale of NextEra Energy Partners' common units issuable upon conversion of its previously issued $500 million in aggregate principal amount of 0% convertible senior notes due 2024 (the "notes"). The notes were originally sold on June 17, 2021. At the same time, a registration rights agreement was entered into between NextEra Energy Partners and the initial purchaser of the notes, which required the filing of the resale registration statement.
In order for a holder or beneficial owner of the notes to be named as a selling securityholder and to have its common units included in the resale registration statement at the time of effectiveness, the holder or beneficial owner must complete and deliver a selling securityholder notice and questionnaire, on or before May 23, 2022, to:
NextEra Energy Partners, LP
700 Universe Boulevard
Juno Beach, FL 33408
Attention: Corporate Secretary
Phone: 561-694-4700
Fax: 561-691-7702
The selling securityholder notice and questionnaire, and further information, may be obtained from NextEra Energy Partners as specified above.
A registration statement relating to these securities has been filed with the Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.
This communication shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
NextEra Energy Partners, LP
NextEra Energy Partners, LP (NYSE: NEP) is a growth-oriented limited partnership formed by NextEra Energy, Inc. (NYSE: NEE). NextEra Energy Partners acquires, manages and owns contracted clean energy projects with stable, long-term cash flows. Headquartered in Juno Beach, Florida, NextEra Energy Partners owns interests in geographically diverse wind, solar and energy storage projects in the U.S. as well as natural gas infrastructure assets in Texas and Pennsylvania. For more information about NextEra Energy Partners, please visit: www.NextEraEnergyPartners.com.
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SOURCE NextEra Energy Partners, LP | https://www.mysuncoast.com/prnewswire/2022/05/16/nextera-energy-partners-lp-announces-anticipated-effective-date-resale-registration-statement-with-respect-common-units-issuable-upon-conversion-0-convertible-senior-notes-due-2024/ | 2022-05-16T21:55:31Z |
AUBURN HILLS, Mich., Aug. 1, 2022 /PRNewswire/ --
- Company to produce new four-cylinder turbo engine
- Investments will be made at Dundee (Michigan) Engine, Kokomo (Indiana) Casting and Etobicoke (Toronto) Casting
- New engine designated for HEV applications for future North American models
- Investment supports company's Dare Forward 2030 long-term strategy
Stellantis announced today that it will invest a total of $99 million in three North American plants for production of a new four-cylinder turbocharged engine. Investments will be made at the Dundee Engine Complex in Michigan, the Kokomo Casting Plant in Indiana and the Etobicoke Casting Plant in Toronto.
The new engine is a 1.6-liter, I-4 turbocharged unit with direct fuel injection and flexibility for hybrid-electric vehicle (HEV) applications. Based on a current Stellantis production engine in Europe, this next-generation engine will power two future North American HEV models. This will be the first HEV engine for the company in the region. Production is expected to begin in early 2025.
With an investment of nearly $83 million, Dundee Engine will be retooled and become the final assembly location for the new engine. The Michigan plant will continue production of the 3.6-liter Pentastar Upgrade for the Jeep® Grand Cherokee and Jeep Grand Cherokee L. The Tigershark 2.4-liter I-4 engine will build out in the first quarter of 2023.
Engine blocks will be cast at the Kokomo Casting Plant, one of the largest facilities of its kind in the world. More than $14 million will be invested to convert existing die cast machines and cells for the new engine.
Etobicoke Casting will produce the oil pan for the new engine. The company will invest nearly $2 million to support the development and installation of new tooling and equipment upgrades.
These investments support Stellantis' Dare Forward 2030 strategic plan of delivering innovative, clean, safe and affordable mobility solutions.
Stellantis North America
Stellantis (NYSE: STLA) is one of the world's leading automakers and a mobility provider. In North America, it's best known for producing and selling vehicles in a portfolio of iconic and award-winning brands such as Jeep®, Chrysler, Dodge, Ram, Alfa Romeo and Fiat. Powered by its diversity, Stellantis leads the way the region and the world move – aspiring to become the greatest sustainable mobility tech company, not the biggest, while creating added value for all stakeholders as well as the communities in which it operates. For more information, visit www.stellantis.com.
Follow company news and video on:
Company blog: http://blog.stellantisnorthamerica.com
Media website: http://media.stellantisnorthamerica.com
Company website: www.stellantis.com
LinkedIn: https://www.linkedin.com/company/Stellantis
Facebook: https://www.facebook.com/StellantisNA
Instagram: https://www.instagram.com/stellantisna
Twitter: @StellantisNA
YouTube: http://youtube.com/StellantisNA
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SOURCE Stellantis | https://www.wibw.com/prnewswire/2022/08/01/stellantis-announces-99-million-total-investment-new-engine-production-three-north-american-plants/ | 2022-08-01T16:23:59Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Empire State Realty Trust, Inc. (NYSE: ESRT) announced today that Allied Universal® expanded and relocated from a 12,000 square foot space at ESRT's One Grand Central Place to a 30,000 square foot space at 501 Seventh Avenue.
Located adjacent to Penn District's new developments with convenient access to Penn Station, tenants of 501 Seventh Avenue enjoy ESRT's leading healthy building technologies and indoor environmental quality.
"The market flight to quality is not just about new development; it is about tenant's desire for newly built and renovated, energy-efficient office space in modernized healthy buildings with convenient access to mass transit at an accessible price point," said Thomas P. Durels, executive vice president, real estate at Empire State Realty Trust.
Louis D'Avanzo and Michael Baraldi of Cushman & Wakefield represented Allied Universal® in the lease negotiations. Shanae Ursini of ESRT and Ron Lo Russo, Heather Thomas, Patrick Murphy, Will Yeatman, and Pierce Hance of Cushman & Wakefield represented the property owner.
More information about 501 Seventh Avenue, and current availabilities, can be found online.
About Empire State Realty Trust
Empire State Realty Trust, Inc. (NYSE: ESRT) is a REIT that owns and manages office, retail and multifamily assets in Manhattan and the greater New York metropolitan area. ESRT owns the Empire State Building, the World's Most Famous Building, and Tripadvisor's 2022 Travelers' Choice Best of the Best Awards #1 attraction in the U.S. and #3 attraction in the world, the newly reimagined and iconic Empire State Building Observatory. The company is a leader in healthy buildings, energy efficiency, and indoor environmental quality and has the lowest greenhouse gas emissions per square foot of any publicly traded REIT portfolio in New York City. As of June 30, 2022, ESRT's portfolio is comprised of approximately 9.2 million rentable square feet of office space, 700,000 rentable square feet of retail space and 625 residential units across two multifamily properties. More information about Empire State Realty Trust can be found at esrtreit.com and by following ESRT on Facebook, Instagram, Twitter and LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Federal securities laws. You can identify these statements by our use of words such as "assumes," "believes," "estimates," "expects," "intends," "plans," "projects" or the negative of these words or similar words or expressions that do not relate to historical matters. You should exercise caution in interpreting and relying on forward-looking statements, because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond ESRT's control and could materially affect actual results, performance or achievements. Such factors and risks include, without limitation, (i) the current public health crisis and economic disruption from the COVID-19 pandemic, (ii) a failure of conditions or performance regarding any event or transaction described above, (iii) regulatory changes and (iv) other risks and uncertainties described from time to time in ESRT's and ESROP's filings with the SEC, including those set forth in each of ESRT's and ESROP's Annual Report on Form 10-K for the year ended December 31, 2021 under the heading "Risk Factors." Except as may be required by law, ESRT and ESROP do not undertake a duty to update any forward-looking statement, whether as a result of new information, future events or otherwise.
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SOURCE Empire State Realty Trust, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/01/allied-universal-expands-by-22000-square-feet-with-empire-state-realty-trust-501-seventh-avenue/ | 2022-08-01T21:35:00Z |
(NEXSTAR) – Disney Parks will use newer, more inclusive language to describe the employees who work at its Bibbidi Bobbidi Boutiques, according to a representative for Disney.
The workers at the boutique, who were formerly known as “Fairy Godmothers-in-Training,” are now called “Fairy Godmother’s Apprentices.” The change was made to allow men to also work at the boutique.
“With the wave of a magic wand — plus a few hands-on tricks of the trade — our Fairy Godmother’s Apprentices will pamper and primp your child until they look storybook stunning,” reads a current description of the Magic Kingdom’s boutique. “Children can choose a hairstyle then add makeup, nail polish and accessories — even a Disney costume.”
The boutiques, which had closed amid the pandemic, are reopening at Disney World and Disneyland on Aug. 25, the Disney Parks Blog confirmed in late June. In that blog post, the employees were already referred to as “Fairy Godmother’s Apprentices.” An older blog post from before the pandemic had referred to the workers as “Fairy Godmothers-in-Training.”
A representative for Disney Parks, however, told Nexstar that Disney had actually made a decision to switch over to the new titles in 2020, but the implementation was delayed when the boutiques were shuttered amid the pandemic. The new titles were chosen to allow cast members of any gender to feel accepted and welcome while working at the shops, according to the representative.
Disney’s Bibbidi Bobbidi Boutiques are located at Disneyland, Disney World and Disney cruise ships. Locations at Disney Springs, and Disney’s Grand Floridian Resort and Spa, will be reopening at a later date, according to the Disney Parks Blog. | https://cw33.com/news/nexstar-media-wire/disney-parks-replaces-fairy-godmother-in-training-with-gender-inclusive-language/ | 2022-07-23T20:04:58Z |
Abilene Police warn of government scam with department’s phone number
ABILENE, Kan. (WIBW) - Abilene Police have warned residents of a scam circulating the area which claimed to be another government agency and used the department’s phone number.
The Abilene Police Department says it was recently informed by a resident about a scam that involved its office phone number - 785-263-1213.
Officers said a resident was contacted by someone who said they were calling from Amazon about a purchase they made. When the resident said they did not make a purchase, the caller attempted to convince them that there was a fraud issue.
The caller reportedly told the resident they would transfer her to a “government agency” because they were now a suspect in money laundering. The resident was directed to empty her bank account, buy gift cards and provide them with the gift card information.
While the resident was speaking with the alleged government agency, APD indicated that an incoming call was also received from the department’s phone number. The caller had falsely represented law enforcement and told the resident to cooperate with the government agency.
APD noted that the resident believed she had been speaking to an officer with the department given that the caller ID indicated that is who was calling.
APD wants to remind residents that public law enforcement officials will not make contact with residents and encourage them to send gift cards for payment in a criminal matter. It said payments requested in the form of any kind of gift card or prepaid card should immediately be recognized as a scam.
The Department also said it would like to remind residents to use caution with phone calls of this nature. If there is any doubt, it said residents should hang up and contact local agencies directly.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/30/abilene-police-warn-government-scam-with-departments-phone-number/ | 2022-08-30T15:21:01Z |
SAN JOSE, Calif., Sept. 6, 2022 /PRNewswire/ -- Diakopto today announced that Alphawave IP (AWE.L) has selected PrimeX™ as their power net EM/IR signoff solution for 5nm and 3nm technologies. PrimeX enables new capabilities and methodologies not feasible with other EM/IR tools, and allows Alphawave to verify their top-level designs significantly faster and more intelligently. As a result, Alphawave can achieve higher power grid reliability and integrity for their industry-leading interconnect IPs much faster than with other EM/IR solutions.
As a global leader in high-speed connectivity, Alphawave delivers multi-standard IP solutions that enable data to travel faster, more reliably and with higher performance at lower power. Alphawave's connectivity solutions address high-growth applications such as hyperscale data centers, data networking, artificial intelligence, storage, 5G infrastructure and autonomous vehicles. The company's interconnect IP portfolio is available in the most advanced process technologies (from 7nm to 3nm) and in multiple foundries.
"We have adopted PrimeX for our top-level signoff methodology because of its ability to analyze very large power nets that are impractical to simulate using other tools. It helps us accelerate time-to-tapeout and improve design efficiency and reliability in leading-edge technology nodes by allowing us to accurately validate key electrical targets at the top level of integration, identify design and layout improvements, and iterate quickly," said Jon Rogers, Senior Vice President of Engineering at Alphawave IP. "Diakopto is changing the industry with its approach to solving critical and overlooked problems in today's IC designs. We are pleased to broaden our relationship with them to now include ParagonX and PrimeX, and we look forward to additional innovative solutions."
PrimeX is developed to analyze very large power nets in a more intelligent way – to quickly and intuitively pinpoint bottlenecks and root causes of resistance, IR drop, and current density problems over the layout. By delivering deep insights with clear, intuitive results that identify weaknesses, by layer and polygon over the layout, PrimeX helps engineers improve their power net integrity and reliability while accelerating time-to-market.
In addition, PrimeX delivers unparalleled ease-of-use and a unique out-of-the-box experience that allows any IC design or layout engineer to very easily set up, run and use the tool with minimal training. It also offers dramatically higher capacity and simulation speed to enable the verification of power nets at the top-hierarchy level in a practical manner. For example, the full characterization of large power nets with hundreds of millions of resistors can be completed in hours instead of days or weeks.
"We are pleased to expand our partnership with Alphawave, and to see PrimeX being adopted as their signoff solution for top-hierarchy power grids in the most advanced nodes," commented Maxim Ershov, CEO and CTO of Diakopto. "By taking a fresh and innovative approach, we are able to disrupt conventional methodologies to offer a faster, more intelligent, and intuitive solution for power net verification, optimization and debugging."
The industry migration to advanced process nodes has led to an exponential increase in the number, magnitude and complexity of parasitic elements. This has in turn made modern ICs more susceptible to parasitic effects, and has also caused a dramatic slowdown in simulation times. While traditional EM/IR tools are adequate for the verification of sub-blocks, using them to analyze power integrity and reliability at the top level, and especially at early design phases, has become increasing challenging and impractical. Using these tools for full characterization of nets can easily take several weeks per iteration – a luxury few companies can afford. And they can only be used very late in the design stage when layouts are mostly complete and onerous to change.
PrimeX enhances existing EM/IR methodologies by enabling engineers to perform very fast power grid verification, at both the block and top levels. By delivering clear, intuitive results that identify weaknesses and bottlenecks by layer and polygon over the layout, PrimeX helps engineers improve their circuits' power integrity and reliability while accelerating time-to-market.
About Diakopto Inc.
Diakopto develops analysis, visualization, and optimization solutions for complex IC designs, with the primary focus on enhancing existing EDA flows to accelerate time-to-tapeout.
The company empowers engineers at over 45 industry-leading companies to find and resolve design problems faster and earlier, while simultaneously optimizing their circuits. Diakopto is headquartered in San Jose, CA. www.diakopto.com
Diakopto, ParagonX and PrimeX are trademarks owned by Diakopto Inc.
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SOURCE Diakopto | https://www.kxii.com/prnewswire/2022/09/06/alphawave-adopts-diakoptos-primex-top-level-emir-signoff-methodology-5nm-3nm-technologies/ | 2022-09-06T15:59:26Z |
Man found with rifle at N. Topeka Walmart facing additional charges
TOPEKA, Kan. (WIBW) - Officials say the man found last week with a rifle underneath his shirt in the North Topeka Walmart parking lot is facing additional charges.
According to the Shawnee Co. Sheriff’s Office, Dahlkestiere D. Eichenlberger, 45, of Topeka is facing new counts of aggravated assault with a deadly weapon from a July 19 incident, and aggravated domestic battery from an incident on July 21. The Shawnee Co. Sheriff’s Office also said he was involved in a simple assault/battery on July 17, which was reported July 23.
Details of the specific incidents were not provided.
Eichenlberger was arrested for felony criminal threat after an incident at the North Topeka Walmart on Friday, July 22.
The Shawnee Co. Sheriff’s Office say deputies located Eichelberger in the parking lot at 2600 NW Rochester Rd. and he was taken into custody prior to entering the store. They say he was carrying a short barrel semi-automatic rifle and ammunition on a sling underneath his clothing.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/25/man-found-with-rifle-n-topeka-walmart-facing-additional-charges/ | 2022-07-25T20:42:04Z |
ALBANY -- Sandra Sutton's message to Adult Education students at Albany Technical College is a simple one: If I can do it, you can do it, too.
Sutton, the career services coordinator in Albany Tech's Adult Ed program, says her story -- pregnant when she was young and a high school dropout -- resonates with students in the Adult Education program in a way mere platitudes never could.
"When you're young you make mistakes; we all do," Sutton, who has been part of the ATC staff for 15 years and in the Adult Ed program for the past two, said as she discussed the program. "I made the decision, though, to get my GED, and that made all the difference in my life."
Indeed, after earning her high school equivalency diploma, Sutton same to realize that she could do all the things her peers who'd gone on to graduate high school had done. She made her way through several programs at Albany Tech and then earned an undergraduate degree in Criminal Justice at Albany State University. She completed requirements for a master's degree in Adult Education at Valdosta State University.
"I had options, but I wanted to work at Albany Tech," Sutton said. "They'd done so much for me. That's what I wanted to do here, why I wanted to be here. I have a passion to help others the way I was helped."
Two recent graduates of the Albany Tech Adult Ed program have taken different paths now that they've worked their way through the program. But both -- Sarah Gray and Clifford Thomas -- say going through the Albany Tech program has had an overwhelmingly positive impact on their lives.
Thomas, who finished the Diesel Technology program at Albany Tech earlier this year, has not yet utilized the skills he learned in the program, but there's a simple reason. Thomas owns his own business (Cliff's Edge Lawn Care) and it's doing too well to walk away from at this time.
But, still, going through the process of attaining his equivalency diploma and learning a valuable trade is a life-altering accomplishment for the Albany father.
"My mother passed during the first wave of COVID, and she was the glue that kept our family together," Thomas said. "Before she passed, she told me, 'Son, I know you're an independent person, but you have to get back in and finish school. You're too smart not to.' When she passed, that's when I told myself I've got to do this."
Thomas said he made "wrong choices" as an adolescent, one of them the decision to quit school.
"I was a little hard-headed, a problem child," he said. "When I started working, I just said, 'Who needs school?' But even then, I was intelligent enough to know I needed to go back.
"For the most part, the folks at Albany Tech made it pretty easy, but it was sometimes difficult. Your family wants your time -- you're a husband and a father, and everyone wants your time -- but those bills don't pay themselves. So I am very proud of myself for sticking it out. I will start looking around for a job that will allow me to use my new skills."
Gray, who now works as the manager of a fast food restaurant in Eufala, Ala., took an extended period to get her equivalency diploma and to work her way through Albany Tech's Dual Enrollment program. But, she says, the long struggle paid off.
"I actually started in the program in 2012 and finally finished in 2021," Gray said. "I started in the dual enrollment program, and there were some bumps along the way. I actually finished the college requirements before I got my equivalency diploma; I failed the math portion by one point. I was discouraged for a while, but I kept working with the teachers at Albany Tech and finally got it done."
Like Thomas and Sutton, Gray said she "made mistakes" along the way in her native Randolph County, winding up pregnant and dropping out of school her senior year. But she said she was driven to see the program through, even when life threw obstacles in her path.
"The staff at Albany Tech helped me; they encouraged me," Gray said. "I had to discipline myself; it's hard to focus on school work when you have kids and you're working to pay the bills. But I stuck with it.
"I'm very, very, very proud of myself for making it through this long journey. Because I did, I'm in a position now to take better care of my family."
Sutton, meanwhile, encourages others who may have "made your mistakes" along the way to take a good look at the various Adult Education programs at Albany Tech.
"First of all, I want everyone who may have interrupted their education for whatever reason to know that no one in this program is going to judge you," she said. "In fact, just the opposite, they're going to motivate you. Because we know you can do it.
"The Adult Education program is such an important part of what we do at Albany technical College because it offers students the opportunity to achieve things they wouldn't normally be able to do. And that is important to me because it's students, not money, that motivates me." | https://www.albanyherald.com/features/albany-tech-adult-ed-graduates-show-promise-of-program/article_ab98e54e-db68-11ec-93e6-8f330c7535bb.html | 2022-05-24T15:40:31Z |
At least 1 killed, 23 hurt in rare northern Michigan tornado
GAYLORD, Mich. (AP) — A rare northern Michigan tornado tore through a small community on Friday, killing at least one person and injuring at least 23 others as it flipped vehicles, tore roofs from buildings and downed trees and power lines.
The twister hit Gaylord, a city of about 4,200 people roughly 230 miles (370 kilometers) northwest of Detroit, at around 3:45 p.m.
Mike Klepadlo, who owns the car repair shop Alter-Start North, said he and his workers took cover in a bathroom.
“I’m lucky I’m alive. It blew the back off the building,” he said. “Twenty feet (6 meters) of the back wall is gone. The whole roof is missing. At least half the building is still here. It’s bad.”
Emma Goddard, 15, said she was working at the Tropical Smoothie Cafe when she got a phone alert about the tornado. Thinking the weather outside looked “stormy, but not scary,” she dismissed it and returned to what she was doing. Her mother then called and she assured her mom she was OK.
Two minutes later, she was pouring a customer’s smoothie when her coworker’s mom rushed in yelling for them to get to the back of the building, Goddard told The Associated Press by text message. They took shelter in the walk-in cooler, where they could hear windows shattering.
“I was crammed shoulder-to-shoulder with my seven co-workers, two of my co-workers’ parents and a lady from Door Dash coming to pick up her smoothies.”
When they left the cooler about 15 minutes later and stepped outside, they saw “some of our cars in pieces and insulation all over the ground,” Goddard said. Three neighboring businesses were destroyed, she said.
Brian Lawson, a spokesman for Munson Healthcare, said Gaylord-Otsego Memorial Hospital was treating 23 people who were injured by the tornado and that one person was killed. He didn’t know the conditions of the injured or the name of the person who died.
Lawson said the pace of people being brought to the hospital had slowed by Friday evening.
“From what I’m gathering, things have stabilized a bit,” he said.
Video posted online showed a dark funnel cloud materialize out of a cloud as nervous drivers looked on or slowly drove away, uncertain of its path.
Other video showed extensive damage along the city’s Main Street. One building appeared to be largely collapsed and a Goodwill store was badly damaged. A collapsed utility pole lay on the side of the road, and debris, including what appeared to be electrical wires and parts of a Marathon gas station, was scattered all along the street.
The Red Cross set up a shelter at a church.
Brandie Slough, 42, said she and a teen daughter sought safety in a restroom at a Culver’s. Windows of the fast food restaurant were blown out when they emerged, and her pickup truck had been flipped on its roof in the parking lot.
“We shook our heads in disbelief but are thankful to be safe. At that point, who cares about the truck,” Slough said.
Eddie Thrasher, 55, said he was sitting in his car outside an auto parts store when the tornado seemed to appear above him.
“There are roofs ripped off businesses, a row of industrial-type warehouses,” Thrasher said. “RVs were flipped upside down and destroyed. There were a lot of emergency vehicles heading from the east side of town.”
He said he ran into the store to ride it out.
“My adrenaline was going like crazy,” Thrasher said. “In less than five minutes it was over.”
Extreme winds are uncommon in this part of Michigan because the Great Lakes suck energy out of storms, especially early in spring when the lakes are very cold, said Jim Keysor, a Gaylord-based meteorologist with the National Weather Service.
“Many kids and young adults would have never experienced any direct severe weather if they had lived in Gaylord their entire lives,” he said.
The last time Gaylord had a severe wind storm was in 1998, when straight-line winds reached 100 mph, Keysor said. He said the conditions that spawned Friday’s twister included a cold front moving in from Wisconsin and hitting hot and humid air over Gaylord, with the added ingredient of turning winds in the lower part of the atmosphere.
Gaylord, known as the “Alpine Village,” is set to celebrate its 100th birthday this year, with a centennial celebration that will include a parade and open house at City Hall later this summer.
The community also holds the annual Alpenfest in July, an Alpine-inspired celebration honoring the city’s heritage and a partnership with a sister city in Switzerland.
___
White reported from Detroit. AP reporters Corey Williams in Detroit, Ken Kusmer in Indianapolis, Sara Burnett in Chicago and Steve Karnowski in Minneapolis contributed.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/21/least-1-dead-23-hurt-northern-michigan-tornado/ | 2022-05-21T01:09:33Z |
- Revenue of $2.0 billion, up 4% year-over-year
- Market Share on an LTM basis increased approximately 50 bps to 4.6% compared to prior year
- National deployment of a significant set of new features to the Compass platform giving Compass agents an end-to-end workflow tool targeted for the end of the third quarter
- GAAP net loss increased from $7 million to $101 million year-over-year on higher expenses related to strategic business initiatives, non-cash stock compensation, depreciation and amortization as well as restructuring costs
- Company announces new cost reduction program with approximately $320 million in target run rate savings
NEW YORK, Aug. 15, 2022 /PRNewswire/ -- Compass, Inc. (NYSE: COMP), a leading tech-enabled real estate brokerage, today announced its financial results for the quarter ending June 30, 2022.
"Compass continued to grow revenue in the second quarter despite extremely challenging market conditions. This performance highlights the strength of our agents and our commitment to enabling their success through superior technology and other programs", said Robert Reffkin, Chief Executive Officer of Compass. "Importantly, we expect to have our end-to-end technology platform fully deployed by the end of the quarter. This is a major milestone in our approximately $900 million investment in software over the years to benefit our agents. Once deployed, we believe our leading edge technology will allow our agents to further raise the bar on client engagement and complete all of their critical work in one seamless environment."
Reffkin added, "Given the challenges the real estate market has faced so far this year and the likelihood that this difficult environment will continue for the foreseeable future, we are announcing a significant cost reduction program. We have line of sight into each area that will drive these savings to our expenses, which we believe will enable us to be free cash flow positive in 2023. We expect to complete all targeted cost reductions by the end of this calendar year."
2Q22 Financial Highlights:
- Revenue increased by 4% year-over-year to a second quarter record of $2.0 billion as transactions increased 2%.
- GAAP Net Loss attributable to Compass, Inc. was $101 million, compared to a loss of $7 million in 2Q21. The net loss includes non-cash stock based compensation expenses of $59 million, depreciation and amortization of $25 million, and restructuring charges due to the cost saving actions announced on June 14th of $19 million.
- Adjusted EBITDA1 was $4 million, compared to $71 million in 2Q21.
- Cash and cash equivalents: As of the end of the second quarter, the Company had $431 million in cash and cash equivalents and $318 million of availability under its $350 million revolver.
2Q22 Operational Highlights:
- Platform: The Compass technology and services platform contributed to year-over-year Total Transactions growth of 2%, while Gross Transaction Value2 ("GTV") remained relatively flat, driven by a 2% decline in the Average Transaction Value.
- National market share: Increased to 4.6% over the last twelve months ("LTM") up from 4.1% LTM in 2Q21. Note these national market share numbers are calculated using revised average (mean) sales prices published by the National Association of Realtors ("NAR"), see footnote3 and the section entitled 2Q22 National Market Share Update below for more information.
- Agents: Average Number of Principal Agents was 12,979, an increase of 405 from 1Q22.
- Transactions: Compass agents closed a record 66,846 Total Transactions, up 2% year-over-year, compared to a 10% decline in transactions for the residential real estate market4.
- Gross Transaction Value ("GTV"): GTV of $76.8 billion remained relatively flat year-over-year.
- Markets: In 2Q22, Compass focused on growth within current markets and remained at 71 markets at the end of the quarter.
- Entire Transaction: By the end of September, Compass agents across the country will be able to facilitate their real estate transactions -- including offers, forms and e-signatures -- on the Compass platform without needing to use third-party real estate software.
Additional information can be found in the Company's 2Q22 Business Update and Supplementary Information Presentation on the Investor Relations section of the Compass website at https://investors.compass.com.
Outlook
3Q22 Outlook:
- Revenue of $1.4 to $1.5 billion
- Adjusted EBITDA of $(85) to $(60) million
FY22 Outlook:
- Revenue of $6.15 to $6.45 billion
- Adjusted EBITDA of $(225) to $(150) million
Long-Term Targets:
- Adjusted EBITDA Margin of 10%
- Free Cash Flow Margin of at least 8-9%5
We have not reconciled our guidance for Adjusted EBITDA to GAAP Net Loss because certain expenses excluded from GAAP Net Loss when calculating Adjusted EBITDA cannot be reasonably calculated or predicted at this time. Additionally, we have not reconciled our guidance for Free Cash Flow Margin because the components of free cash flow cannot be reasonably calculated or predicted at this time. Accordingly, reconciliations are not available without unreasonable effort.
Conference Call Information
Management will conduct a conference call to discuss the second quarter results as well as outlook at 4:30 p.m. ET on August 15, 2022. The conference call will be accessible via the Internet on the Compass Investor Relations website https://investors.compass.com. You can also access the audio webcast via the following link: Compass Inc. 2Q22 Earnings Conference Call.
An audio recording of the conference call will be available for replay shortly after the call's completion. To access the replay, visit the Events and Presentations section on the Compass Investor Relations website at https://investors.compass.com.
2Q22 National Market Share Update:
- On July 21, 2022, NAR restated monthly average (mean) sales prices of existing homes from January 2020 through June 2022 to reflect their change in methodology to better account for outliers of high priced homes, noting that the monthly average (mean) sales prices are NAR's best estimates and given the outliers, they are less reliable. This resulted in higher monthly average (mean) sales prices of existing homes than what was reported prior and increases in total market GTV than what was reported prior. The table below shows our national market share under the prior methodology and updated methodology for all the periods NAR provided.
- Given NAR's cautionary language regarding the reliability of its average (mean) sale price data, we are assessing whether we will continue to rely on and use NAR's average (mean) sale price data in calculating our national market share given NAR's expansive view of the U.S. real estate market and now an improved methodology. Alternatively, we may explore other data reporting options in calculating our national market share and position in the market or may decide to discontinue reporting our national market share altogether.
Safe Harbor Statement
This press release includes forward-looking statements, which are statements other than statements of historical facts, and statements in the future tense. These statements include, but are not limited to, statements regarding our future performance, including expected financial results for the third quarter and full year of 2022, plans for our cost reduction program, long-term financial targets, and our expectations for operational achievements. Forward-looking statements are based upon various estimates and assumptions, as well as information known to us as of the date of this press release, and are subject to risks and uncertainties, including but not limited to: general macroeconomic conditions in the U.S. and globally (e.g., inflation), geopolitical events (e.g., conflict in Ukraine), the health of the U.S. real estate industry, and risks generally incident to the ownership of residential real estate, including seasonal and cyclical trends (e.g., increases in mortgage interest rates, continued limited inventory, slowed consumer demand, reduced home affordability and declines in price appreciation and home prices); our ability to continuously innovate, improve and expand our platform; our ability to attract new agents and retain current agents or increase agents' utilization of our platform; our ability to expand our brokerage and adjacent services businesses; our ability to offer additional adjacent services; our ability to grow revenue from adjacent services at our anticipated rate; our ability to achieve expected benefits from our mortgage business and our joint venture, OriginPoint; our rapid growth and rate of growth; our net losses and ability to achieve or sustain profitability in the future; any future impact of the ongoing COVID-19 pandemic on our business; our ability to compete successfully in the markets in which we operate; the effect of monetary policies of the federal government and its agencies; any decreases in our gross commission income or the percentage of commissions that we collect; fluctuation of our quarterly results and other operating metrics; our ability to successfully complete acquisitions and integrate target companies; the effect of the claims, lawsuits, government investigations and other proceedings that we are subject to from time to time; our ability to protect our intellectual property rights; and other general market, political, economic, and business conditions. Additionally, these forward-looking statements, particularly our expected financial results and long-term financial targets, involve risks, uncertainties and assumptions, including those related to any future impacts of the ongoing COVID-19 pandemic and inflationary pressure on our clients' spending decisions. Significant variation from the assumptions underlying our forward-looking statements could cause our actual results to vary, and the impact could be significant. Accordingly, actual results could differ materially from those predicted or implied or such uncertainties could cause adverse effects on our results. Reported results should not be considered as an indication of future performance.
More information about factors that could adversely affect our results of operations, financial condition and prospects, or that could cause actual results to differ from those expressed or implied in forward-looking statements is included under the captions "Risk Factors", "Legal Proceedings" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our most recent annual report on Form 10-K and our subsequent quarterly reports on Form 10-Q, copies of which are available on the Investor Relations page of our website at https://investors.compass.com/ and on the SEC website at www.sec.gov. All information in this release speaks as of August 15, 2022. All forward-looking statements contained herein are based on information available to us as of the date hereof, and we do not assume any obligation to update these statements as a result of new information or future events. Undue reliance should not be placed on the forward-looking statements in this press release.
Non-GAAP Financial Measures
To supplement our condensed consolidated financial statements, which are prepared in accordance with GAAP, we present Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin, which are non-GAAP financial measures, in this press release. We use Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin in conjunction with GAAP measures as part of our overall assessment of our performance, including the preparation of our annual operating budget and quarterly forecasts, to evaluate the effectiveness of our business strategies and to communicate with our board of directors concerning our financial performance. We believe Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin are also helpful to investors, analysts and other interested parties because they can assist in providing a more consistent and comparable overview of our operations across our historical financial periods. Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin have limitations as analytical tools, therefore you should not consider them in isolation or as substitutes for analysis of our results as reported under GAAP. Because of these limitations, you should consider Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin alongside other financial performance measures, including net loss attributable to Compass, Inc., operating cash flows and our other GAAP measures. In evaluating Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin, you should be aware that in the future we may incur expenses that are the same as or similar to some of the adjustments reflected in this press release. Our presentation of Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin should not be construed to imply that our future results will be unaffected by the types of items excluded from the calculation of Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin. Adjusted EBITDA, Adjusted EBITDA margin and Free Cash Flow margin are not presented in accordance with GAAP and the use of these terms varies from others in our industry.
Reconciliations of these non-GAAP measures have been provided in the financial statement tables included in this press release and investors are encouraged to review these reconciliations.
About Compass
Compass, a Fortune 500 company, is the largest residential real estate brokerage in the United States. Founded in 2012 and based in New York City, the technology-enabled brokerage provides an end-to-end platform that empowers its residential real estate agents to deliver exceptional service to seller and buyer clients. The platform includes an integrated suite of cloud-based software for customer relationship management, marketing, client service, brokerage services and other critical functionality, all custom-built for the real estate industry. Compass agents utilize the platform to grow their business, save time and manage their business more effectively. For more information on how Compass empowers real estate agents, one of the largest groups of small business owners in the country, please visit www.Compass.com.
1 A reconciliation of GAAP to Non-GAAP measures can be found within the financial statement tables included within this press release.
2 Gross Transaction Value is the sum of all closing sale prices for homes transacted by agents on the Compass platform (excluding rental transactions). We include the value of a single transaction twice when our agents serve both the home buyer and home seller in the transaction.
3 On July 21, 2022, NAR restated monthly average (mean) sales prices of existing homes from January 2020 through June 2022 to reflect their change in methodology to better account for outliers of high priced homes, noting that the monthly average (mean) sales prices are NAR's best estimates and given the outliers, they are less reliable. This resulted in higher monthly average (mean) sales prices of existing homes than what was reported prior and increases in total market GTV than what was reported prior. We have provided a detailed table at the end of the press release that compares our market share under both methodologies going back to 2020.
4 We calculate Total Transactions by taking the sum of all transactions closed on the Compass platform in which our agent represents the buyer or seller in the purchase or sale of a home (excluding rental transactions). We include a single transaction twice when one or more Compass agents represent both the buyer and seller in any given transaction. The 10% decline is based on NAR data as of June 2022.
5 Free cash flow represents cash flows from operating activities less capital expenditures.
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SOURCE Compass | https://www.mysuncoast.com/prnewswire/2022/08/15/compass-inc-reports-second-quarter-2022-results/ | 2022-08-15T20:28:26Z |
In vitro study of the ELIAS Cancer Immunotherapy (ECI®) showed personalized T cell immunotherapy initiated a significant immune response against target cancer cells.
OLATHE, Kan., Aug. 10, 2022 /PRNewswire/ -- ELIAS Animal Health recently presented new mechanism of action data for the ELIAS Cancer Immunotherapy (ECI®) at the 2022 American College of Veterinary Internal Medicine Forum.
ECI is an adoptive cell therapy that stimulates a patient's immune system to recognize and attack cancers. ECI uses a personalized vaccine made from a patient's own cancer cells to "prime" the immune cells to recognize the cancer. These primed immune cells—which are collected from the patient through a procedure called apheresis—are activated and expanded ex vivo for reinfusion into the patient, where they travel to the cancer cells and attack them.
The mechanism of action for ECI has been demonstrated in an in vitro study using cancer cells and T cells collected from pet dogs being treated with ECI for osteosarcoma, a deadly form of bone cancer. In the presence of target cancer cells, activated T cells from vaccinated dogs demonstrated cytotoxic activity, meaning the T cells acted in such a way to kill cancer cells.
Read: ECI® Mechanism of Action Technical Summary
Results from a previously reported clinical trial evaluating ECI in pet dogs with appendicular osteosarcoma were impressive, with several long-term survivors.
A second ECI trial completed enrollment early 2022, with over 100 pet dogs enrolled at 10 sites across the United States. Results from that study are expected late 2022.
ELIAS Animal Health is a medical biotechnology company advancing novel targeted T cell-based immunotherapies for the treatment of canine cancers. The ELIAS Cancer Immunotherapy is available to veterinarians commercially under 9 CFR 103.3 as an experimental autologous prescription product for the treatment of canine osteosarcoma. The company's novel therapeutic approach offers the prospect of improved clinical outcomes and the potential for fundamentally changing the way cancer is treated. Learn more at www.eliasanimalhealth.com.
Media Contact:
Jessica Wiley
1-816-800-0504
jwiley@eliasah.com
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SOURCE Elias Animal Health | https://www.wibw.com/prnewswire/2022/08/10/elias-animal-health-research-demonstrates-cancer-killing-capabilities-its-activated-t-cell-immunotherapy/ | 2022-08-10T11:44:44Z |
ATLANTA, June 10, 2022 /PRNewswire/ -- Georgia Gov. Brian Kemp honored Atlanta-based CatchMark Timber Trust, Inc. (NYSE: CTT) earlier this month as a 2022 partner in the state's Forestry for Wildlife Partnership, a program administered by the Georgia Department of Natural Resources' Wildlife Resources Division (DNR). Gov. Kemp recognized CatchMark for its "stewardship and land management practices benefiting wildlife across Georgia." See press release from the Georgia Department of Natural Resources here.
Administered by the Georgia Department of Natural Resources' Wildlife Resources Division, the Forestry for Wildlife Partnership is a voluntary program that has promoted sustainable forest and wildlife conservation in forestry practices for 25 years. Partner projects focus on making improvements that sync with Georgia's Bobwhite Quail Initiative and State Wildlife Action Plan, two statewide strategies.
In fiscal 2021, CatchMark undertook the following initiatives recognized by Georgia's Department of Natural Resources:
- Conducted timber work aimed at returning endangered red-cockaded woodpeckers to Sprewell Bluff Wildlife Management Area near Thomaston.
- Supported an existing conservation easement on its Townsend property, protecting natural areas in the easement and making the tract available for recreation and research within the 4,000-acre Townsend Wildlife Management Area.
- Continued to grant DNR access to timberland in Long, Brantley and McIntosh counties for annual surveys of swallow-tailed kite nests.
- Left natural longleaf stands at a targeted basal area, thinned about 400 acres of loblolly pine to make way for adding cavity nest boxes, and after hitting harvest and other targets, will turn the remaining timber over to DNR to finish the transition.
- Continued to cooperate with the Georgia-Alabama Land Trust in maintaining a conservation easement in Long County. This easement protects high-priority habitats identified by Georgia's State Wildlife Action Plan and maintains open spaces adjacent to Fort Stewart as part of the Army Compatible Use Buffer Program.
- Worked with the U.S. Fish and Wildlife Service to protect habitat for endangered fringed campion on company sites in Talbot County, and with DNR and other botanists by permitting surveys for the plant to identify and verify existing or potentially new sites.
- Continued work with DNR involving bird surveys on lands with different site preparation prescriptions to determine possible effects of varying treatments on birds' use of the areas.
- Practiced silvicultural treatments that promote conservation of gopher tortoises and their habitat.
- Sponsored and held hunting events with youth groups and organizations for the disabled to provide opportunities for these groups to learn about hunting and enjoy the outdoors.
- Allowed universities access to company lands for research, such as Virginia Tech's pine growth study. CatchMark is also a member the University of Georgia's Plantation Research Management Cooperative and is helping develop foresters by letting Auburn University conduct training and classes via field trips on the company's timberlands.
- Continued an integrated harvest planning system that considers landscape-level diversity. One example is robust thinning of pine plantations that improves wildlife habitat and forest health.
- Monitored and treated company lands for invasive species.
- Continued recording and managing known populations of Georgia's rare and threatened species according to state and federal guidelines.
- Maintained and offered the use of portable skid and truck bridges for logger's use to minimize stream crossing impact.
With ownership interests in approximately 231,200 acres across Georgia (as of 3/31/2022), CatchMark has been a part of the Wildlife Partnership since 2011.
About CatchMark
CatchMark (NYSE: CTT) invests in prime timberlands located in the nation's leading mill markets, seeking to capture the highest value per acre and to generate sustainable yields through disciplined management and superior stewardship of its exceptional resources. Headquartered in Atlanta and focused exclusively on timberland ownership and management, CatchMark began operations in 2007 and owns interests in approximately 350,000 acres of timberlands located in the U.S. South. For more information visit www.catchmark.com.
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SOURCE CatchMark Timber Trust, Inc. | https://www.wibw.com/prnewswire/2022/06/10/georgia-gov-kemp-honors-catchmark-2022-forestry-wildlife-partner/ | 2022-06-10T20:20:30Z |
The Middletown Center, to be located near the intersection of Oberlin and Fulling Mill Roads, is scheduled to open in 2025
HERSHEY, Pa., July 14, 2022 /PRNewswire/ -- Catherine Hershey Schools for Early Learning (CHS) has announced that it plans to build its third Early Childhood Resource Center in Middletown, Pennsylvania, near the intersection of Oberlin and Fulling Mill Roads. The cost-free Center will serve 150 children from birth to age 5 from economically disadvantaged and at-risk backgrounds.
The planned Center, which will include an innovation studio and a science, technology, engineering, and math (STEM) garden, is part of a $350 million initiative to initially develop six cost-free ECRCs as subsidiaries of Milton Hershey School.
"This marks an important step in expanding our early childhood education initiative and honoring the Hersheys' legacy by serving even more Pennsylvania children. The Middletown location is another opportunity for us to address the critical and growing need for accessible, high-quality early learning programming," said Milton Hershey School and Catherine Hershey Schools for Early Learning President Pete Gurt.
All CHS Centers, including this Middletown location, will offer a non-residential, year-round core learning program with curriculum designed to enhance children's educational, social, and emotional development. It also will provide children with nutritious meals, transportation, and other needed supplies, along with integrated support services to families of enrolled children through a dedicated family resource center.
"Middletown is a prime location for our program and holistic approach to early education. We look forward to serving children and families at this broadly accessible location, addressing the kindergarten readiness gap between low-income and higher-income children from surrounding urban and rural communities," explained CHS Executive Director Senate Alexander.
The Middletown Center is expected to have up to 80 employees and volunteers and be open from 7 a.m. to 6 p.m. on weekdays when the Center opens in 2025. The first Center, located in Hershey, Pennsylvania, is currently under construction and scheduled to open next year. The second Center, CHS Harrisburg, is expected to open in 2024. The School's Board of Managers will determine future locations based on further research and community analysis.
ABOUT CATHERINE HERSHEY SCHOOLS FOR EARLY LEARNING
Catherine Hershey Schools for Early Learning will provide a cost-free educational, social, and cognitive program to children from birth to age 5 from economically disadvantaged and at-risk backgrounds, through the development of initially six Early Childhood Resource Centers. The Centers are subsidiaries of Milton Hershey School and will be staffed and operated independently of the Milton Hershey School core model. For more information, visit chslearn.org.
ABOUT MILTON HERSHEY SCHOOL
Milton Hershey School® is one of the world's best private schools, offering a top-notch education and positive home life to children in pre-kindergarten through 12th grade from families of low income at no charge. For more information, visit mhskids.org.
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SOURCE Catherine Hershey Schools for Early Learning | https://www.kxii.com/prnewswire/2022/07/14/catherine-hershey-schools-early-learning-announces-third-early-childhood-resource-center/ | 2022-07-14T16:25:41Z |
Elon Musk says Twitter deal ‘temporarily on hold’
Published: May. 13, 2022 at 6:13 AM EDT|Updated: moments ago
LONDON (AP) — Elon Musk said Friday that his planned $44 billion purchase of Twitter is “temporarily on hold” pending details on spam and fake accounts on the social media platform.
It’s another twist after signs of internal turmoil amid the Tesla billionaire’s planned buyout of the company, including that Twitter fired two of its top managers Thursday.
It wasn’t clear whether the fake account issue could scuttle the deal.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/13/elon-musk-tweets-that-his-44b-deal-buy-twitter-temporarily-hold-pending-new-details-spam-accounts/ | 2022-05-13T10:23:39Z |
KC, Independence police working on backlog of untested sexual assault kits
JACKSON COUNTY, Mo. (KCTV) - Two police departments in the Kansas City area had the most untested sexual assault kits in Missouri despite major progress being made around the state.
Over the last couple of years, the State Attorney General has tried to address the staggering backlog untested rape kits with the SAFE Kit Initiative.
According to the AG’s August report, Kansas City Police Department had 190 untested kits and the Independence Police Department had 156.
“Initially, my thought is - without knowing anything else - ‘Why are we higher than everybody else?’” said Jack Taylor, Public Information Officer for the Independence Police Department.
It was well-documented in the AG’s August report that there is an issue in Missouri, and across the country, with untested sexual assault kits collecting dust in rooms within places like hospitals and law enforcement agencies.
The AG’s report said there were more than 1,500 untested kits in the state of Missouri, with the Kansas City area making up a third of that amount.
We reached out to both KCPD and the Independence Police Department about their high numbers.
Taylor, with the IPD, said there is a reason for the number in the report.
“A lot of times, victims will come in and they won’t report to the officers that anything had happened, and the hospital will go ahead and do the kit just in case. Or, they do the kit and then they change their mind and decide they don’t want to prosecute or something to that effect,” Taylor explained.
Taylor said he believes those kits are supposed to be categorized a certain way at the hospital; separate from reported kits with active victims. But instead, they weren’t. So, the department would end up collecting them all.
“What it looks like is: There are a lot of open cases that aren’t investigated,” Taylor explained. “But in fact, there really is no data in that case. We just had to open that case to have a number to associate.”
Taylor said those cases are now going to a private company contracted by the AG’s office for testing.
The Kansas City, Missouri, Police Department said they also worked with the AG’s office in August to ship all 190 of their untested kits.
The KCPD said that, just like Independence, their 190 kits were reported. However, for various reasons, a detective or prosecutor did not request testing for the lab.
They said reasons why kit testing is not requested include:
- Evidence would not impact the investigation
- Beyond the statute of limitations
- Prosecutor decision/guidance
- The victim’s wishes/guidance
- Referred to juvenile court
- The victim was unavailable
The KCPD has their own crime labs to process kits.
They said the Police Foundation of Kansas City provided the department with $340,000 earlier this year to purchase robots utilized in the DNA testing process. They believe that will help reduce the backlog of kits waiting to be tested.
The police departments for both Kansas City and Independence said they are devoted to processing sexual evidence.
“The cases that we do have victims and we need to look for suspects, those are the cases that are getting sent to the Missouri Highway Patrol lab,” Taylor said.
Both departments also mentioned that part of the reason the KC metro might have higher numbers or a backlog in general is because of the large population.
In that AG report, the third highest number of untested kits was the Saint Louis County Police Department with 79.
Previous coverage:
Missouri AG ships 300 sexual assault kits from KCPD for testing
Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/09/15/kc-independence-police-working-backlog-untested-sexual-assault-kits/ | 2022-09-15T14:38:09Z |
TORONTO and PARK CITY, Utah, Aug. 30, 2022 /PRNewswire/ -- DW Healthcare Partners ("DWHP") a healthcare-focused private equity firm, announced the closing of its sale of Med-Pharmex Holdings, Inc ("Med-Pharmex", or the "Company") to Dechra Pharmaceuticals PLC ("Dechra"). Med-Pharmex is a leading, fully-integrated veterinary pharmaceutical manufacturer focused on developing, manufacturing, and commercializing animal health drugs.
"It has been a pleasure to work with Med-Pharmex over the years. Med-Pharmex represents DWHP's first investment in the animal health space, and since then, we have added three additional animal health investments to our portfolio." said Andrew Carragher Co-Founder and Managing Partner. "Dechra is the perfect buyer for Med-Pharmex, and we look forward to watching the Company continue to grow and scale under Dechra's ownership."
"Med-Pharmex has a rich history, built over nearly 40 years, of efficiently developing, manufacturing, and distributing animal health products that are valued by our customers. Our recent investments in people, processes, technologies, and facilities have strengthened our quality foundation enabling us to now support significant growth", said Paul Hays, Med-Pharmex's CEO. "I am so proud of our people and what they have accomplished in the last few years. Dechra's investment, capabilities, and vision for the business will build on this foundation and leverage the ability of our people and site to provide even more value to customers and stakeholders alike."
"The speed at which the Company improved operationally over the last couple of years was the highlight of our investment" said Eric Moore, Principal at DWHP. "What the Med-Pharmex team has accomplished is nothing short of remarkable. We would like to thank them for all of their hard work and dedication."
Stifel acted as exclusive financial advisor to Med-Pharmex for the transaction.
DW Healthcare Partners is a private equity firm focused exclusively on the healthcare industry. The firm manages over $1.3 billion in aggregate capital commitments and invests in leading healthcare companies with proven management teams. DW Healthcare Partners is led by seasoned healthcare executives with more than 120 years of combined industry experience. The firm provides capital, strategic guidance, and acquisition expertise to help mid-stage companies grow and scale. For more information, please visit: dwhp.com.
This press release contains forward-looking statements regarding our future business expectations, which are subject to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical facts contained in this press release, including statements regarding future results of the operations and financial position of the Company, including financial targets, business strategy, and plans and objectives for future operations, are forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties and assumptions that could cause actual results to differ materially from the results predicted. New risks emerge from time to time. In light of these risks, uncertainties and assumptions, the forward-looking events and circumstances discussed in this press release may not occur and actual results could differ materially and adversely from those anticipated.
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SOURCE DW Healthcare Partners | https://www.wibw.com/prnewswire/2022/08/30/dw-healthcare-partners-announces-sale-med-pharmex-dechra-pharmaceuticals-plc/ | 2022-08-30T18:55:13Z |
Today is the 260th day of 2022 and the 89th day of summer.
TODAY'S HISTORY:
Today is the 260th day of 2022 and the 89th day of summer.
TODAY'S HISTORY:
-- In 1787, delegations from 12 states voted to approve the proposed Constitution at Philadelphia's Constitutional Convention.
-- In 1862, more than 23,000 people died or were wounded in the Battle of Antietam near Sharpsburg, Md., resulting in the bloodiest single day in U.S. military history.
-- In 1978, Egyptian President Anwar Sadat and Israeli Prime Minister Menachem Begin reached a historic accord at Camp David.
-- In 2001, the New York Stock Exchange re-opened, having been closed since the Sept. 11 terrorist attacks.
TODAY'S BIRTHDAYS: Rube Foster (1879-1930), baseball player/manager; William Carlos Williams (1883-1963), physician/poet; Hank Williams Sr. (1923-1953), singer-songwriter; George Blanda (1927-2010), football player; Anne Bancroft (1931-2005), actress; Ken Kesey (1935-2001), author; Phil Jackson (1945- ), basketball player/coach; Baz Luhrmann (1962- ), filmmaker; Kyle Chandler (1965- ), actor; Jimmie Johnson (1975- ), race car driver; Flo Rida (1979- ), rapper; Alex Ovechkin (1985- ), hockey player; Patrick Mahomes (1995- ), football player.
TODAY'S FACT: NASA unveiled its first space shuttle, Enterprise, at a ceremony in Palmdale, Calif., on this day in 1976.
TODAY'S SPORTS: In 2004, Barry Bonds became just the third baseball player in history (after Hank Aaron and Babe Ruth) to hit 700 career home runs.
TODAY'S QUOTE: "All I know is this: Nobody's very big in the first place, and it looks to me like everybody spends their whole life tearing everybody else down." -- Ken Kesey, "One Flew Over the Cuckoo's Nest"
TODAY'S NUMBER: 30 -- years a state of war had existed between Israel and Egypt when the Camp David accords were signed on this day in 1978.
TODAY'S MOON: Last quarter moon (Sept. 17).
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A receipt was sent to your email. | https://www.albanyherald.com/entertainment/saturday-history/article_ba3c8302-3528-11ed-97ae-2b2c208b8bac.html | 2022-09-15T20:26:53Z |
NEW YORK (AP) — Former President Donald Trump said Monday that he has no intention of rejoining Twitter even if his account is reinstated following Elon Musk’s agreement to buy the social media giant for roughly $44 billion.
Trump told Fox News that he will instead focus on his own platform, Truth Social, which has been mired in problems since its launch earlier this year.
“I am not going on Twitter. I am going to stay on Truth,” Trump was quoted telling the network. “I hope Elon buys Twitter because he’ll make improvements to it and he is a good man, but I am going to be staying on Truth.”
Trump was barred from major social media platforms after the deadly Jan. 6 insurrection, with Twitter citing the “risk of further incitement of violence.” The decision denied him the megaphone he had used to generate media attention and speak directly to his followers, which had been integral to his political rise.
At the time, the former president had roughly 89 million followers on Twitter alone.
Musk, the world’s wealthiest person and a self-described free-speech absolutist, had said he wanted to buy and privatize Twitter because he believed it wasn’t living up to its potential as a free speech platform. It raised questions about whether he might reinstate Trump’s account as the former president lays the groundwork for another White House run in 2024.
Trump has continued to spread lies about his 2020 election defeat in speeches and statements since leaving office, and it is unclear how Musk would approach those statements if Trump were ever to return to the site.
In recent weeks, Musk has voiced a number of proposed changes for the company, including relaxing its content restrictions, and said he would be “very reluctant” to delete content and cautious of permanent bans.
After being kicked off social media platforms, Trump launched his own social media app and sued Twitter, Facebook and Google’s YouTube, claiming he and other conservatives had been wrongfully censored, even though posts by conservative commentators are routinely the most widely shared.
On Monday, he said he welcomed Musk’s purchase and told Fox News he didn’t see Twitter as his own product’s competition.
“Truth Social will be a voice for me,” he said. “And that’s something nobody else can get.”
At a rally in Ohio on Saturday, Trump also urged his supporters to join him on Truth Social.
“Go out and sign up now,” he told them. “Have a lot of fun.” | https://cw33.com/technology/ap-technology/trump-says-he-has-no-plans-to-rejoin-twitter-after-musk-deal/ | 2022-04-25T23:18:21Z |
Sarasota County Mounted Patrol heads out to catch speeding drivers
Published: Sep. 1, 2022 at 2:32 PM EDT|Updated: 29 minutes ago
VENICE, Fla. (WWSB) - “This neighborhood ain’t big enough for the both of us!”
If you’re driving in the residential area of Jacaranda Blvd. in Venice you may have noticed deputies with the mounted patrol clocking speeds.
Deputies are using technology and their four-legged partners to slow people down and keep drivers safe.
They also wanted to remind drivers that bribing horses with green apples won’t get you out of a ticket.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/09/01/sarasota-county-mounted-patrol-heads-out-catch-speeding-drivers/ | 2022-09-01T19:03:10Z |
GRANGER, Ind., July 22, 2022 /PRNewswire/ -- With one store currently situated on the southern side of South Bend, Rally House is happy to announce a new location for this family-owned sports and merchandise retailer on the north side of town in the University Crossings Shopping Center of Mishawaka. Rally House University Crossings is the premier destination for Notre Dame Fighting Irish merchandise alongside an array of quality sports apparel and locally inspired products to represent your favorite teams and Indiana themes.
Rally House University Crossings has an expansive assortment of Notre Dame merch, helping area fans represent with stand-out college apparel and accessories. "Fighting Irish supporters will love everything this new Rally House store has to offer," explains District Manager Jeff Chapman. "And our staff is eager to assist all our guests with pairing their new Notre Dame gear with even more team and local merch so that they're always prepared to cheer in style!"
While there is no shortage of Notre Dame Fighting Irish merchandise in stock at Rally House University Crossings, fans will also find gear for the Indiana Hoosiers, Purdue Boilermakers, Indianapolis Colts, Chicago Cubs, and various other franchises. These available products are of the highest quality, coming from credible brand names like New Era, Nike, Mitchell & Ness, and others.
Those looking to exhibit their Indiana and Indianapolis pride will have no trouble doing so when shopping at Rally House University Crossings. This store offers a vast selection of locally influenced designs across a multitude of products from top-tier brands, including stylish and unique RALLY Brand™ apparel.
One of the main goals for Rally House is to deliver an extraordinary shopping experience, which is precisely what customers can count on at Rally House University Crossings. For added convenience, www.rallyhouse.com has numerous products and shipping availability to any state.
The latest store news can be found at www.rallyhouse.com/rally-house-university-crossings or by following the store on Facebook (@RallyUniversityCrossings) and Instagram (@rallyuniversitycrossings).
Rally House and Sampler Stores Inc. is a family-owned specialty boutique that offers a large selection of apparel, hats, gifts and home décor representing local NCAA, NFL, MLB, NBA, NHL, and MLS teams in addition to locally inspired apparel, gifts and food. Proudly based in Lenexa, Kansas, Rally House operates 100+ locations across 13 states.
CONTACT:
Jeff Chapman, District Manager
jchapman@rallyhouse.com
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SOURCE Rally House | https://www.kxii.com/prnewswire/2022/07/22/south-bend-market-expands-with-new-rally-house-location/ | 2022-07-22T20:49:51Z |
BENSALEM, Pa., July 19, 2022 /PRNewswire/ -- Law Offices of Howard G. Smith announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against CareDx, Inc. ("CareDx" or the "Company") (NASDAQ: CDNA).
Class Period: February 24, 2021 – May 5, 2022
Lead Plaintiff Deadline: July 22, 2022
Investors suffering losses on their CareDx investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that: (1) CareDx had engaged in a variety of improper and illegal schemes to inflate testing services revenue and demand, including pushing a surveillance protocol through inaccurate marketing materials, offering extravagant inducements or kickbacks to physicians and other providers, and improperly bundling expensive testing services with other blood tests as part of the RemoTraC service; (2) these practices, and others, subjected CareDx to an undisclosed risk of regulatory scrutiny; (3) these practices rendered the Company's testing services revenue reported throughout the Class Period artificially inflated; and (4) as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Howard G. Smith, Esquire, of Law Offices of Howard G. Smith, 3070 Bristol Pike, Suite 112, Bensalem, Pennsylvania 19020, by telephone at (215) 638-4847, toll-free at (888) 638-4847, or by email to howardsmith@howardsmithlaw.com, or visit our website at www.howardsmithlaw.com.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts
Law Offices of Howard G. Smith
Howard G. Smith, Esquire
215-638-4847
888-638-4847
howardsmith@howardsmithlaw.com
www.howardsmithlaw.com
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SOURCE Law Offices of Howard G. Smith | https://www.mysuncoast.com/prnewswire/2022/07/19/cdna-investors-have-opportunity-lead-caredx-inc-securities-fraud-lawsuit/ | 2022-07-19T16:33:53Z |
NEWINGTON, Conn., Sept. 12, 2022 /PRNewswire/ -- PCX Aerosystems ("PCX"), a market-leading producer of advanced mechanical systems for the aerospace industry, today announced the September 2, 2022 acquisition of NuSpace, Inc. ("NuSpace") from Cornerstone Capital Holdings and members of the NuSpace leadership team. With engineering and manufacturing roots going back to 1907, NuSpace has evolved from a diversified mechanical systems manufacturer into a leading-edge designer and manufacturer of proprietary propellant and high-pressure tanks for advanced satellite, launch vehicle spacecraft, and missile platforms.
"NuSpace brings a unique capability to design and produce mission critical complex assemblies for the rapidly growing space marketplace which is a fantastic addition to the growing portfolio of flight-critical components and assemblies we supply to the defense aerospace market," said PCX CEO, Tom Holzthum.
Ian Ballinger, CEO and Chief Technology Officer of NuSpace, said, "Joining the PCX team is a natural next step for NuSpace, bringing the stability and support of being part of a broader portfolio while maintaining the freedom to pursue continued growth with our customers."
Headquartered in Connecticut, PCX Aerosystems is a leading privately owned supplier of highly engineered, precision, flight critical assemblies for rotorcraft and fixed wing aerospace platforms The company produces rotorhead assemblies and control systems, landing gear assemblies, external fuel tank systems, engine and structural airframe components in addition to composite fabrications and refueling probes. The company also offers integrated special processing services such as heat treating, painting and non-destructive testing. PCX provides direct delivery of components and large assemblies to customers such as Boeing, General Electric Aircraft Engines, Bell, Sikorsky and the U.S. Government. Founded in 1900, PCX owns facilities in CT, CA and MA. PCX Aerostructures, LLC, dba PCX Aerosystems is owned by Greenbriar Equity Group, L.P. To learn more about PCX, visit www.pcxaero.com.
NuSpace is a Long Beach, California based aerospace and defense manufacturer with proprietary design and specialized fabrication capabilities, and flight-critical assembly and quality systems. Their experienced engineering and manufacturing teams excel at the design to specification and manufacture of mission critical propellant and pressure vessel solutions.
For more information:
Trevor Hartman
Vice President – Sales & Marketing
(860) 594-4388
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SOURCE PCX Aerosystems | https://www.kxii.com/prnewswire/2022/09/12/pcx-aerosystems-announces-acquisition-nuspace/ | 2022-09-12T09:10:25Z |
Highest looping roller coaster in the US to open this weekend
Published: Jul. 6, 2022 at 4:12 PM EDT|Updated: 1 hour ago
GLENWOOD SPRINGS, Colo. (KKTV/Gray News) – Sitting on Iron Mountain, the highest looping roller coaster in the United States is set to open in Colorado this weekend.
In addition to its record-setting loop, the Defiance roller coaster has the steepest freefall drop in the western U.S. at 110 feet, according to Glenwood Caverns Adventure Park.
It’s more than 7,000 feet above sea level, offering magnificent views while riding.
The ride has three cars that sit eight people each and can go as fast as 56 mph.
The park is planning to unveil the new coaster Saturday.
Copyright 2022 KKTV via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/06/highest-looping-roller-coaster-us-open-this-weekend/ | 2022-07-06T21:16:25Z |
Best Shark pet vacuums
Shark is one of the best-known vacuum manufacturers. It makes quality vacuums at a range of price points, but some are better at tackling pet hair than others. Finding the right pet vacuum means you can spend less time cleaning and more time hanging with your pet.
Suction power is important in homes with pets. Weak suction just won’t get the job done when removing pet hair from floors and soft furnishings. Some Shark vacuums also come with tools specifically designed for pet hair and the extra dirt pets can track around.
What to look for in a Shark pet vacuum
Upright vs. stick
The best Shark vacuums for pet hair are either upright or stick vacuums.
- Upright: Upright vacuums are usually more powerful than stick vacuums, if only marginally, but they’re bulkier and heavier to push around. They have wider cleaning paths, so you pick up more dirt at once, as well as larger dust cups that don’t need emptying as regularly.
- Stick: Although they have their flaws, stick vacuums are lightweight and highly maneuverable. While you can use them to vacuum your whole home, they’re especially good when used with pet tools on upholstery and stairs.
Suction power
Vacuums with weak suction leave too much pet hair behind, which is frustrating and can leave you feeling like your floors are never truly clean. It’s hard to tell a vacuum’s suction power just by looking at it, but those sold as pet vacuums usually have a little more oomph than others.
Pet tools
Shark vacuums recommended for pet hair usually come with one or more pet tools. The pet power tool and pet multitool are similar. They’re both small tools with motorized brush rolls that are highly effective at lifting pet hair. The pet crevice tool removes pet hair from corners, stair edges, sofa cushions and other hard-to-reach areas.
Anti-tangle brush roll
This is designed so that hair won’t wrap around it. It’s most helpful if you have a long-haired pet, but it’s also great for avoiding hair-wrap caused by human hair, so it will come in handy even if you have short-haired animals.
HEPA filter
Some Shark vacuums have anti-allergen HEPA filters. Not only do they catch tiny particles, but they’re also fully sealed to keep them contained. Since pet dander is the leading cause of allergic response in people with pet allergies, it’s great to have this kind of filter if a household member or regular guest suffers.
Cordless
Cordless vacuums now approach the suction power of high-end corded vacuums, but they don’t always measure up. However, they’re so easy to use that you might end up vacuuming daily with a cordless vacuum versus once or twice a week with a corded model, which may even things out.
Best Shark upright vacuums for pet hair
Shark NV752 Rotator Powered Lift-Away TruePet Upright Vacuum
Thanks to the self-cleaning pet power brush, this vacuum easily removes pet hair and trodden-in dirt from rugs, carpets and upholstery. What’s more, its fully-sealed anti-allergen HEPA filter removes pet dander from the environment, which is great if anyone with pet allergies comes to visit. Sold by Amazon
Shark AZ2002 Vertex Powered Lift-Away Upright Vacuum
The powerful suction makes this vacuum great at picking up pet hair, and the anti-tangle brush roll doesn’t get clogged up. The pet power brush is especially useful for upholstery and areas where pets like to hang out. Sold by Amazon
Shark ZU62 Navigator Zero-M Pet Pro Upright Vacuum
With impressive deep-cleaning powers, this vacuum is excellent at removing pet hair from rugs and works exceptionally on hard floors. The anti-hair wrap brush roll and the HEPA filter make this a great choice for homes with pets. Sold by Amazon
Shark NV501 Rotator Professional Lift-Away Upright Vacuum
If your pets spend a lot of time on couches and armchairs, you’ll appreciate the wide upholstery tool to get rid of hair they leave behind. The HEPA filter seals pet dander away to reduce the allergens around your home. Sold by Amazon
Best Shark stick vacuums for pet hair
Shark IZ682H Vertex Pro Cordless Stick Vacuum
One of Shark’s most powerful stick vacuums with incredible suction power and a 120-minute run time over two batteries, this is a perfect choice of pet vacuum. The pet multitool is excellent for removing pet hair, and the self-cleaning brush roll doesn’t get tangled with hair. Sold by Amazon
Shark IX141 Pet Cordless Stick Vacuum
This cordless vacuum is a breeze to use and runs for 40 minutes between charges. It has impressive hypervelocity suction for those extra-hairy areas and comes with a pet multitool that’s great for upholstery and pet beds. Sold by Amazon
Shark IZ163H Pet Plus Cordless Stick Vacuum
The brush roll with PowerFins works deep into the carpet pile to remove the most pet hair possible, while its anti-tangle properties keep it from getting wrapped in hair. It comes with a pet multitool and has an anti-allergen complete seal HEPA filter. Sold by Amazon
Shark HV322 Rocket Pet Plus Corded Stick Vacuum
While the corded design is less convenient than cordless stick vacuums, it gives you more impressive suction at a lower price. This model includes a pet crevice tool and a pet multitool to tackle pet hair all over the home. Sold by Amazon
Shark HS152AMZ Corded Stick Vacuum Ultralight Pet Plus
This extremely light stick vacuum weighs less than 3 pounds, but it still provides excellent suction and easily picks up pet hair. The pet multitool and crevice tool help clean up pet hair from awkward areas or deep in the carpet pile. Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/home-br/vacuums-br/what-is-the-best-shark-vacuum-for-pet-hair/ | 2022-08-12T03:26:18Z |
McKinney Boyd Broncos soccer has been doing great things this season. With a 19-3-1 overall record and an 85% winning percentage, the Broncos have set themselves up for success. As they continue to push toward the state tournament, they are ready to take down teams that stand in their way.
This week, the Broncos will face off against a tough Keller team in the Regional Semifinals!
So far in playoffs, the Broncos have outscored their opponents by a combined 9-3. Last week, McKinney Boyd posted an incredible 4-0 victory over Lewisville in the Regional Quarterfinals. Goals were scored by Caden Kitchens (1), Diego Ferruzzi (2), and Keane Cobuzio (1). On the assists for each goal was Austin Woodruff (1) Spencer Sarkissian (3). The defense held their own as they went head-to-head against an offense that is typically quick to score. With the ability to shut down Lewisville’s attacks early and move swiftly to score in the second half, McKinney Boyd showed red nation exactly what they are made of.
The Broncos are set to face off against Keller (22-2) on Friday. Last week, Keller posted a 1-0 victory over Hurst L.D. Bell. McKinney Boyd is going to face one of their biggest challenges this season with the Indians’ defense. The Indians are known for being able to read through a quick offensive attack, so the Broncos are going to have to pace themselves, take control of the game early, and put in the work on both ends of the field.
A strong offense like Keller’s isn’t new to McKinney Boyd’s defense, though. The Broncos defense has been able to prove time and time again that they are able to shut down attacks on their goal. Fans should expect the defense to come out rolling in this game. The game is set to begin at 2 p.m. on Friday, April 8 at McKinney ISD Stadium. | https://cw33.com/sports/striving-for-more-mckinney-boyd-soccer/ | 2022-04-07T18:50:23Z |
Shame has existed since the first humans walked the Earth, according to mathematician and journalist Cathy O'Neil. But lately its evolutionary function -- to encourage pro-social behavior by enforcing norms that help sustain societies -- has been hijacked by parties seeking profit and power, O'Neil contends.
Efforts to shift blame away from institutions and toward individuals sabotage shame's original mission, O'Neil explains in her new book, "The Shame Machine: Who Profits in the New Age of Humiliation."
Instead of reinforcing fairness and justice to reengage people with their communities, shame "has been weaponized by corporations to profit and by institutions to maintain power." Usually, she said, "that's being done in a bullying, punching down shame kind of way."
By recognizing and confronting the "shame machine" wherever it operates, O'Neil said she hopes we can unite to "punch up" at the real sources of the problem.
This conversation has been edited and condensed for clarity.
CNN: What is shame?
Cathy O'Neil: Shame is a policing tool used to reinforce rules and taboos as way to promote a society's survival. When an individual's desires conflict with group expectations, shame can rein in behavior.
But it can be painful, and the damage can run deep, making us feel worthless and stripping us of our humanity. Shame packs a vicious punch.
CNN: Does shame have any positive function in societies?
O'Neil: Shame is a social mechanism. When it works, it looks a bit like persuasion with a soft hint of the potential for being outcast if you don't follow the rules. The idea is to discourage selfish action in favor of what the community needs.
For example, the Hopi Pueblo clown festival includes pulling rule-breaking villagers into the middle of the ceremony to shame them. Public humiliation calls them out for misdeeds in front of the entire village.
But no one is arrested, physically punished or outcast forever. Instead, the festival focuses on helping individuals to become "more Hopi" by convincing them to stop making choices that are bad for the community. A distinctive feature here is that the target of the shame has the choice to conform.
CNN: You write that giant sectors of today's economy are organized and optimized to foster shame that's bullying. How so?
O'Neil: The shame-industrial complex has an old-school traditional part and a newfangled "big data" part. There's a long tradition of companies working to make you feel ashamed of something in order to sell you a product to try to make you feel better. Often, the product fails or even worsens the problem.
One horrifying example is a company's recent campaign to make teenage girls feel like their vaginas smell disgusting so they can sell them a deodorant. First of all, there's nothing wrong with the way our bodies smell naturally. Secondly, those types of products can actually cause problems like yeast infections.
Particularly insidious is the use of "concern trolling" by a profit-driven business that claims no one should have to feel ashamed about their body while actually manufacturing the shame they pretend to condemn.
The newer incarnations of the shame-industrial complex are the big tech companies and social media platforms that set up the perfect environment for us to shame each other.
The algorithms are optimized to pit us against others and drag each other down. When we shame each other and ourselves, we are actually working for their profit.
CNN: What do you mean by shame that "punches down"?
O'Neil: Shaming someone for anything beyond their control constitutes punching down or bullying. This often involves outsiders exaggerating the shamed individual's power to "correct" some condition or behavior, acting as if making an easy choice would solve the problem even when the choice is not at all easy -- like shaming somebody for opioid addiction, for example.
Or, from my personal history, being fat-shamed by my parents and society as if dieting to lose weight was actually a simple, successful remedy. The weight-loss industry profits off that assumption despite the reality that dieting essentially doesn't work.
One takeaway message I want to impart is: Don't shame people for what they can't choose. And remember, it's easy to overestimate someone else's choice.
Instead, let's turn downward punches into upward ones.
CNN: What does "punching up" look like?
O'Neil: Punching up involves shaming people in power -- those who have a voice and a platform to defend and/or redeem themselves -- for making choices that harm others. It can encourage outliers to refocus on the common good.
A war on shame machines would entail scrutinizing public services like welfare offices, work requirements and all of those grueling bureaucratic nightmares that poor people have to go through to access basic services.
People often complain about civility in response to punching up. We should all just agree that nobody looks "civil" when they're punching up shame, because they're punching up against the status quo.
Not long after (former White House press secretary) Sarah Huckabee Sanders was refused service at the Red Hen restaurant, I talked to the proprietor. She stood by her decision.
People likened the situation to Black people being refused service in the South during the Jim Crow era. No way. Sanders had a choice about her work for the Trump administration, and as spokesperson for the White House, she had the very definition of a voice.
CNN: How can our awareness of shame help?
O'Neil: I have a fantasy for people carrying unreasonable burdens of student debt. Instead of feeling ashamed, which is a typical reaction that we, as a society, expect and provoke, what if they worked in solidarity toward debt forgiveness? Recognizing the shame machine would allow us to make progress toward eradicating policies that shame poor people.
CNN: You recommend noticing shame and labeling it wherever you see it. What specific actions do you call for?
O'Neil: When you look at the world through a lens of shame, you can see when it's being weaponized, whether it's body shaming to sell a product or shaming victims of abuse to silence them. Then, if it's punching down, you can disrupt it.
To create healthier relationships, we need to call out shaming interactions. Maybe it involves an immigration officer demeaning a refugee or a mother fat-shaming her 12-year-old. Disruption could require you to actually get in between two people to say, "What's happening here? Why are you shaming that person?"
I'm also asking people to get past denial or feeling ashamed of themselves to reach a point of recognizing times when society offers a raw deal.
So often our systems place blame on the victims. Not wanting to change, the status quo reinforces the idea that individuals are at fault. If people could see this and act collectively, the punching up would be magnificent to watch.
CNN: If shame isn't a habit we can "kick in a day or even a decade," as you write, how can we overcome its painful effects?
O'Neil: Shame is like a bruise that doesn't ever heal completely. I wrote about a time when I had stopped dieting and thought I was way past identifying myself through just my fatness. I had three children, a successful marriage, a successful career and a PhD. But a rude comment from a clerk brought back all my shame over being fat. In that moment, I was completely subject to the humiliation.
I don't think chronic shame ever goes away. There are no 10 easy tricks to get rid of shame. There just aren't. But reckoning through it is still worth doing, if only to help us to avoid passing it on to our kids or other people.
CNN: Does shame offer any benefits?
O'Neil: Shame reminds people of the rules and the ultimate risks in ignoring them. Being expelled from the community could mean possibly dying of exposure. So, it makes sense that we experience shame as an existential threat.
Think of how people respond in a crisis. Hoarding food at a time of scarcity is a natural impulse, but it is also not good for the community as a whole. In Ukraine right now, people are sharing the little food and water that they have with each other.
I saw the same thing after Hurricane Sandy in New York City. People are so utterly generous in times of crisis. And when someone isn't behaving with a generous spirit, shame can be very useful.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/features/health/who-profits-from-our-humiliation-cathy-oneil-sheds-new-light-on-what-she-calls-weaponized/article_1880f0ca-6623-57ba-bd0b-f18ef289fe4c.html | 2022-05-06T14:28:24Z |
Cribl Certified Observability Engineer program sets industry-wide standard to develop and validate observability skills
SAN FRANCISCO, June 29, 2022 /PRNewswire/ -- Cribl, the leader in enabling open observability, today launched the Cribl Certified Observability Engineer (CCOE) program. This first-of-its-kind technical certification program aims to set the industry standard for observability lifecycle skills, from planning and design to operating and optimizing. The program provides practitioners with the necessary training and validation of their expertise in the growing observability space. CCOE is free of charge and accessible to all through Cribl University.
As data volumes continue to grow, observability engineers are on the front line, dealing with a deluge of observability data across both IT and security business cases. Being able to effectively and efficiently manage observability data has emerged as a critical role within the world's largest enterprises, and the CCOE program establishes universal standards for what it means to master the skills of a true observability engineer.
Cribl is launching CCOE to empower anyone in the observability space with a better understanding of the key tools and knowledge of how to unlock the value of all observability data. The CCOE program provides training for producing the shortest time-to-value and cost control for growing data, and offers lab-based training on validated solutions.
"At Cribl, we believe that technical education should be free and accessible to everyone. As the growth of observability and telemetry data accelerates, we're launching CCOE to meet the growing demand for companies to have in-house experts that can build observability infrastructure that scales," said Clint Sharp, co-founder and CEO at Cribl. "We're lowering the barrier to entry by creating a program that serves people of all skill levels. Observability engineers can now distinguish themselves as experts and beginners can break into the observability space for the first time."
- CCOE Stream User is the foundation-level certification that's designed to introduce, educate, and validate one's ability to effectively use Cribl Stream to create an observability architecture that provides organizations with choice of tools and control over all observability and telemetry data.
- CCOE Stream Administrator is the next-level certification, and offers a deeper technical dive into reducing, enriching, routing and replaying telemetry data. It builds off the CCOE Stream User certification, and prepares the participant with workforce-ready skills to be the observability data expert within their organization.
"Cribl's products are quickly becoming the absolute core of any architecture, whether it's log management, storage, or analysis systems. Having people who can get the most out of the products for our customers is absolutely critical for us," said Stuart Bowell, Global Head of Observability at NETbuilder. "We need to know they can do the work, and CCOE ensures us they can."
How to Sign Up for CCOE
To sign up for CCOE, please visit Cribl University, Cribl's online education platform, and self-enroll in the CCOE certification curriculums. The CCOE program is free of charge and can be accessed at any time and completed at any pace.
- Learn more about the CCOE program in this blog from Cribl VP of Product Marketing Joel Vincent.
- Check out the latest releases from Cribl's observability suite by reading about Stream 3.5, Edge 3.5, and Cribl.Cloud Summer 2022.
- Experience Stream with the interactive sandboxes and sign up for a free account at https://cribl.cloud.
Cribl makes open observability a reality for today's tech professionals. The Cribl product suite defies data gravity with radical levels of choice and control. Wherever the data comes from, wherever it needs to go, Cribl delivers the freedom and flexibility to make choices, not compromises. It's enterprise software that doesn't suck, enables tech professionals to do what they need to do, and gives them the ability to say "Yes." With Cribl, companies have the power to control their data, get more out of existing investments, and shape the observability future. Founded in 2017, Cribl is a remote-first company with an office in San Francisco, CA. For more information, visit www.cribl.io or our LinkedIn, Twitter, or Slack community.
Cribl Media Contact
Kelly Engemoen
media@cribl.io
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SOURCE Cribl | https://www.mysuncoast.com/prnewswire/2022/06/29/cribl-launches-certification-program-provide-training-accreditation-observability-engineers/ | 2022-06-29T14:08:55Z |
A female player has won an event on the European tour for the first time.
Linn Grant made history in amazing style, too.
The 22-year-old Swede obliterated a field of both male and female golfers at the Scandinavian Mixed event on Sunday, winning by nine strokes after an 8-under 64 in the final round at Halmstad Golf Club.
Remarkably, she finished 14 strokes clear of the next best woman, Gabriella Cowley, who placed tied for 15th.
“I just hope people recognize women’s golf more now,” Grant said, “that more sponsors go to the LET (Ladies European Tour) than to the men’s tour, and hopefully this pumps up the women’s game a little bit more.”
Grant started the day with a two-stroke lead and steadily built up her advantage by making birdie at five of her first six holes, demonstrating the brilliant ball-striking and calm temperament she has displayed all week in southern Sweden.
She first took a nine-stroke lead after tapping in for birdie at the par-5 11th hole and regained it with her eighth and final birdie of the round at another par 5, the 14th. She completed a bogey-free weekend for the week of her golfing life.
It is the second staging of a tournament that started with 78 men and 78 women in the field, playing the same course — albeit off different tees — for one prize fund and one trophy.
Grant said her main aim this week was to beat the men.
“That was the most important thing — the whole week, I just felt it was girls against the guys,” she said.
Grant’s grandfather, James, was a Scottish golf professional who emigrated from Inverness in northern Scotland to Helsingborg in Sweden. Her father, John, played on the Swedish Golf Tour, too, and has seven wins on the Swedish Senior Tour.
Grant turned professional last year and won events on the Ladies European Tour in March and May, marking her out as a star in the making. In an on-course interview on the front nine, Grant said having those two wins under her belt made her feel calm going into the biggest round of her life.
Her boyfriend, Pontus, was her caddie this week and her mother was at the course and among those cheering Grant onto each green on a day of changing weather.
Swedish great Henrik Stenson, who hosted the event with compatriot Annika Sorenstam, shot 70 and was tied for second place with Marc Warren (65).
Sorenstam, one of the greatest female golfers ever, embraced Grant beside the 18th green after victory was sealed.
Grant won 30,000 euros ($31,500) when winning in Belgium last month. She received more than 10 times that on Sunday.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/grant-becomes-1st-female-golfer-to-win-on-european-tour/ | 2022-06-12T17:49:03Z |
The plumbing and HVAC company's purchase of Velavi Heating & Cooling in Norwalk, California will enlarge its arsenal of locations offering heating and cooling services
LOS ANGELES, May 19, 2022 /PRNewswire/ -- Rooter Hero Plumbing & Air, a plumbing and HVAC company serving residential and commercial locations in California and Arizona, announced today it has purchased Velavi Heating & Cooling, Inc., a home services company in Norwalk, California, in an effort to expand its HVAC offerings into the greater Los Angeles area.
The expansion will allow Rooter Hero to offer heating, ventilation and air conditioning services to Los Angeles residents in addition to the plumbing repair, installation & drain cleaning services the company currently provides.
In 2019, Rooter Hero purchased four locations in the Phoenix area, allowing the plumbing company to enter into the HVAC market. The company expanded again in 2021 with the purchase of Allied Aire Service, Inc. in San Jose to provide HVAC services in the California Bay area.
"Rooter Hero has been known for our exceptional plumbing and drain services for more than a decade," said John Akhoian, co-founder and CEO of Rooter Hero. "With the success of our Phoenix and San Jose locations, moving into more HVAC markets has been a priority for us. The Velavi purchase allows us the ability to offer this service to the people of Los Angeles."
Akhoian said Velavi has built an excellent reputation in Los Angeles since its inception in 2017. He said Rooter Hero will continue to use the Velavi name for several months before transitioning the company under the greater Rooter Hero umbrella.
Velavi's co-founder, Jose Veliz, will remain with the company as the installation manager for the Norwalk Rooter Hero location.
"Joining the Rooter Hero team will allow Velavi to have access to the tools of a large organization while allowing me to continue to help run the business," Veliz said. "We're excited about joining the Rooter Hero family. By using their established administrative infrastructure, we will be able to better recruit and maintain the best talent and provide our customers with the latest HVAC technology."
About Rooter Hero Plumbing & Air
Since 2011, Rooter Hero has been committed to providing the best in plumbing and drain services. With more than 90 years of plumbing experience, the Rooter Hero team prides themselves on creating a memorable experience for each customer.
The company provides solutions for both residential and commercial needs and offers 24/7 emergency service. Now operating in nine service area locations throughout California and Arizona, Rooter Hero offers options such as HVAC service and installation in select areas. For more information, please visit https://rooterhero.com or call 844-219-2215.
MEDIA CONTACT:
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com
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SOURCE Rooter Hero | https://www.kxii.com/prnewswire/2022/05/19/rooter-hero-expands-its-hvac-market-with-acquisition-los-angeles-area-home-service-company/ | 2022-05-19T12:42:02Z |
NEW YORK, Aug. 18, 2022 /PRNewswire/ -- Ybrain recently received the Translational Research Award at this year's Neuroergonomics Conference and NYC Neuromodulation Conference held from July 28 to August 1 for its neuromodulation technology in transcranial direct current stimulation (tDCS).
The highly sought-after recognition was conferred to researchers who made a significant contribution to the neuromodulation field with only two out of dozens of renowned scholars of neuromodulation being awarded.
The conferences were joined together to address the state-of-the-art neurotechnology for brain-body performance and health. It focused on the latest approaches for both brain function and dysfunction including brain/body performance, depression, skill acquisition, stress and fatigue, pain, addiction and binge eating, cognition and physical recovery, eye-tracking, neuromarketing, and remote/mobile sensing. These themes were intended to encourage discussion that crossed traditional sub-domains of neurotechnology.
Ybrain's award-winning neuromodulation technology, tDCS, is designed for the treatment of major depressive disorder and tDCS caters to patients that wish to manage use of antidepressants as a form of treatment. tDCS is used in the company's MINDD-STIM+ treatment. This is especially relevant in today's post-pandemic world as COVID-19 resulted in a surge of new cases.
For some individuals, major depressive disorder can give rise to severe impairments that disrupt or limit an individual's ability to perform major life activities. It is estimated that in 2020, 21 million adults in the US had at least one depressive episode, with a higher incidence amongst females rather than males and individuals aged between 18 and 25 years. With the COVID-19 pandemic, 32.8% of American adults experienced elevated depressive symptoms in 2021 as compared to 8.5% before the pandemic.
"We hope that our 'at-home electroceutical treatment' will be used as the new neuromodulation technology to solve the mental health problems exacerbated by the COVID-19 pandemic," says Kiwon Lee, CEO of Ybrain. "With the alleged increase in the patient population with depression in the US, Ybrain's new MINDD-STIM+ hopes to bring an electroceutical alternative to patients who are averse to using antidepressants, right from the comfort of their own home."
People suffering from depression may choose to control antidepressants for one of many reasons. Serotonin reuptake inhibitors, a type of drug commonly used to treat depression that increases serotonin levels at nerve junctions, do not work for approximately 30% of the population with major depressive disorder. Furthermore, the prolonged use of antidepressants has made it difficult for some to call quits, experiencing dizziness, confusion, fatigue, and other common symptoms of drug withdrawal.
The 2022 Neuroergonomics Conference & NYC Neuromodulation Conference brought together visitors from academia and companies alike, paving the way for future collaborations and partnerships for Ybrain. According to Ybrain officials, treating major depressive disorder is the first step, with clinical trials for schizophrenia, dementia, stroke, and Parkinson's disease well underway. Aiming to penetrate the American market, Ybrain has submitted and expected the clearance of MINDD-STIM+ as De Novo from FDA early next year.
About Ybrain
Established in 2013 in South Korea, Ybrain develops medical devices that measure, and cure neuropsychiatric diseases based on neuroscience. The company provides wearable devices(electroceutical) based on tDCS that cure Major Depressive Disorder (MDD) and other psychiatric illnesses with its digital platform. Led by a diverse group of experts in neuroscience, software, and electronic engineering, Ybrain aims to offer accessible mental health treatment to everyone through electroceuticals. For more information, visit https://www.ybrain.com/en/.
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SOURCE Ybrain | https://www.wibw.com/prnewswire/2022/08/18/ybrain-receives-translational-research-award-2022-neuroergonomics-conference-amp-nyc-neuromodulation-conference/ | 2022-08-18T12:40:17Z |
Awaiting Hall of Fame enshrinement, Dick Vermeil talks Dennis Quaid, Joe Burrow, Tim Couch, more
Ten quick notes on Class of 2022 Hall of Famer Dick Vermeil.
- The Cleveland Browns returned to the NFL as an expansion team in 1999, the year Dick Vermeil won the Super Bowl as head coach of the Rams.
The Rams earned their nickname, "The Greatest Show on Turf," at about the time they beat the Browns 34-3 to improve to 6-0. Tim Couch, the No. 1 pick of the 1999 draft, fell to 0-5 as the Browns' starting QB.
"I thought Tim was going to be a good player," Vermeil said. "Did they have the right supporting cast? Did they have the offensive line to be what he needed to be? The quarterback needs the right cast around him more so than any position."
Kurt Warner, the Rams' new starting quarterback that year, played behind Hall of Fame left tackle Orlando Pace, the No. 1 overall pick of the 1997 draft.
More on Dick Vermeil:The Hall of Fame coach who could talk to people; even Woody Hayes had to love Dick Vermeil
- In talking about the 1999 game against Cleveland, Vermeil remembers Marshall Faulk as a running back who could weave magic without a line.
"Marshall raced around for a 33-yard touchdown in that one," Vermeil said. "I turned to our line coach, Jim Hanifan, and said, 'Jim, we didn't block anybody.'"
Faulk was NFL Offensive Player of the Year in 1999, 2000 and 2001.
- If Vermeil took over a team now and could have any current quarterback, Cincinnati's Joe Burrow would be his pick.
"He has no equal," Vermeil said. "I've never seen a quarterback come out of college throwing the football as accurately as he throws it. He throws a ball that is so easy to catch. He throws the ball so accurately that an average receiver is going to catch a lot of balls."
More on Dick Vermeil:Dick Vermeil rocketed to Super Bowl win with Kurt Warner, but 'Jaws' launched him toward Canton
- Actor Dennis Quaid played Vermeil in "American Underdog," which hit theaters on Christmas Day last year.
"He did a very good job, probably a better job of being me than I do," Vermeil said.
The movie portrays the ascent of Kurt Warner from undrafted reject to winning a Super Bowl in the 1999 season, with Vermeil as his head coach. Warner is played by Zachary Levi.
In a 2006 football movie, "Invincible," Greg Kinnear plays Vermeil as head coach of the Eagles. Mark Wahlberg stars as Vince Papale, a 30-year-old Philadelphia bartender who fought his way to a roster spot.
- Football movies don't draw like The Avengers. In a recent check of Box Office Mojo, the domestic grosses of "Invincible" and "American Underdog" were $57.8 million and $26.5 million, respectively. "Draft Day," the Browns-based 2014 film starring Kevin Costner, was at $28.8 million.
- Vermeil was an underdog in his own right as a player. He was a high school quarterback in Calistoga, California, a small town 70 miles northeast of the Golden Gate Bridge. He first played college ball at Napa Valley, about 10 miles from his home.
Vermeil transferred to San Jose State, 110 miles downstate, and, in his only year as a starter, 1957, threw for one touchdown and nine interceptions on a team that went 3-7. He went out in style, winning 12-0 at Hawaii in the final game of his career.
- Warner wasn't the only underdog who played quarterback for Vermeil.
The list of his primary starters when he was an NFL head coach includes (1976-82 with the Eagles) Mike Boryla and Ron Jaworski; (1997-99 with the Rams) Tony Banks, Steve Bono and Warner; (2001-05 with the Chiefs) Trent Green.
Jaworski (No. 37 overall draft pick, 1973), Boryla (No. 87 overall, 1974), Warner (undrafted, 1994), Banks (No. 42 overall, 1996), Bono (No. 142 overall, 1985) and Green (No. 222 overall, 1993) all arrived as down-the-line prospects.
Vermeil's only other starter was No. 2 overall draft pick Roman Gabriel, but that was when Gabriel was 36 years old and on his last legs, in Vermeil's first year with the Eagles.
- Vermeil's ability to get playoff-style work out any quarterback is a big reason he made it to the Hall of Fame.
The Eagles reached the postseason in four of Jaworski's first five seasons as the starter. Before Vermeil's arrival, Philadelphia had been in the postseason once in 27 years.
Warner was 28 when he made his first NFL start in 1999. Warrner, Vermeil and the Rams won that season's Super Bowl.
Green was 8-11 as an NFL starter before Vermeil brought him to the Chiefs in 2001. In 2003, Green beat the Browns 41-20 in a game that got the Chiefs to 9-0.
- Vermeil first sought to turn Trent Green into a starter in 1999, when he brought in the 29-year-old veteran as a free agent. Green's preseason knee injury forced Vermeil to use then-unknown Warner.
In 2001, as the new head coach of the Chiefs, Vermeil traded a No. 12 overall draft pick to acquire Green.
Green was the only starting QB Vermeil had for the next five seasons, which produced records of 6-10, 8-8, 13-3, 7-9 and 10-6.
- Both NFL teams from Pennsylvania took shots at former Youngstown State quarterbacks in 1977. Vermeil's Philadelphia team obtained fourth-year pro Ron Jaworski in a trade. Pittsburgh spent a fifth-round draft pick on Cliff Stoudt.
Vermeil got Philadelphia to its first Super Bowl in 1980, when Jaworski was second in league MVP voting to Cleveland's Brian Sipe. Stoudt's year in the sun was 1983, when Terry Bradshaw spent his last NFL season mired in injuries. Stoudt started all but one game for a team that went 9-6.
Vermeil left coaching to be a network analyst in 1983, when he was replaced by one of his assistants, Marion Campbell. Jaworski stayed on at QB on a team that went 5-11.
Reach Steve at steve.doerschuk@cantonrep.com
On Twitter: @sdoerschukREP | https://www.cantonrep.com/story/sports/pro/pro-football-hof/2022/08/01/dick-vermeil-pro-football-hall-fame-coach-dennis-quaid-movies-greg-kinnear-vince-papale-invincible/7661303001/ | 2022-08-01T17:06:37Z |
Dear Annie: “Alex” is my ex-husband and the father of our two sons, ages 21 and 18. Alex and I married when we were young. I discovered that he had a lot of issues, and I left him after 15 years of marriage. At that time, he finally went to therapy, something I had begged him to do for years. He was diagnosed with narcissism. He quit therapy because, in his words, there was nothing wrong with him but something wrong with the rest of the world.
I moved out of state, and both of our sons chose to stay with their father — the older for college and the younger for a job.
One problem I have is that my 21-year-old son, who is a man in my eyes, tells me about Alex’s not allowing him to go for walks because it’s dangerous and not allowing him to do normal things like take the car anywhere but to work. My son pays the insurance and doesn’t drink or have any friends. I can’t get into all the things, but Alex is extremely controlling.
Another issue is that I’m very worried that my younger child will end up giving Alex most of the money from his job.
Alex was married again to a woman who also has many problems. For instance, my older son has described the appalling meltdowns she has had with her 10-year-old son, so bad that a court ordered therapy for both of them.
If I say anything, my kids get angry with me. He’s their father and has them convinced of many things that are disturbing to me. He used to not let us ever open the curtains or go outside. I would have to sneak to take the kids to the park or to the beach to play. I know that he will complain 24 hours a day in order to get his way.
I am very concerned about my kids. I tried to get them into therapy so they would understand that his way of life is not normal, but he would always freak out over my trying to get them help.
Now that I live far away, I’m trying to visit them three or four times a year, but they won’t come here, as he has them afraid to fly. (Alex has never been on a plane.) I just keep telling both of them that I’m here for them, that they can always come here and get on their feet if they choose to move locations.
I don’t know what else I can do to get them to see how wrong his way of life and behavior are. Any suggestions are welcome.
— Worried Mother
Dear Worried Mother: If you’re only seeing your sons three or four times a year, you really are at a disadvantage for helping them. If you are concerned for their safety in any way, you should move closer to them.
Alex is clearly working against you and grooming them to be afraid of the world. You know that he is a narcissist and that his influence is not healthy on your children; remember that you are only a flight away. You should call the National Domestic Violence Hotline at 800-799-SAFE (7233) for additional suggestions and support. | https://www.tdtnews.com/life/advice_columns/article_772bdd9e-f61a-11ec-af26-0370b8d272e3.html | 2022-06-28T08:28:15Z |
University of Wisconsin's lifecycle assessment conducted on Organic Valley farms found greenhouse gas emissions to be 24% lower on organic dairy farms as compared to conventional US dairy averages* due in large part to carbon sequestration benefits of organic pastures.
LA FARGE, Wis., Aug. 19, 2022 /PRNewswire/ -- A new study in the August issue of the Journal of Cleaner Production reveals that it is possible for farms to sequester carbon and reduce their overall greenhouse gas emissions. A University of Wisconsin Madison research group unveiled a dairy lifecycle assessment conducted on Organic Valley farms that shows small organic dairy farms, which focus on grazing and organic production techniques, are low greenhouse gas champions.
Experience the full interactive Multichannel News Release here: https://www.multivu.com/players/English/9079651-organic-valley-dairy-farming-greenhouse-gas-emissions-study/
The peer reviewed study uses a breakthrough methodology that includes accounting for the carbon sequestration benefit of grazed pastures. Led by Dr. Horacio Aguirre-Villegas, Scientist III at the University of Wisconsin-Madison, the research team conducted a first-of-its-kind study in the U.S. that considered the positive carbon sequestration results of cows spending time out on pasture.
"The study proposes a method to include carbon sequestration not only in organic but all dairy farm-related LCA studies. This method is based on the amount of carbon staying in the soil from above ground residue, below ground residue, and manure," Aguirre-Villegas said. "The effect of management practices affecting the carbon stock are also considered, such as tillage, land use regime, management, and input of organic matter into the soil based on farm and region-specific variables such as the level of activity and temperature."
The modeling assessment was done with farm-specific input provided by Organic Valley and reflects the nature and style of production common within the co-op's dairy membership. Other factors contributing to the low greenhouse gas emission results included the avoidance of synthetic crop inputs and use of organic crop amendments, the longevity of cattle, and prevalent use of manure as a fertilizer source.
"This LCA represents the baseline carbon footprint of our dairy member farms today. The science proves out what we all intuitively knew was the case, when you have pasture-based systems and organic crop production you have a smaller carbon footprint," said Nicole Rakobitsch, director of sustainability at Organic Valley. "We are proud that farms in our cooperative average the lowest known carbon footprint of any U.S. dairy supply, but we are not going to rest on that outcome.
"We are committed to helping our farmers and all of dairy continually lessen our GHG emissions. It's the right thing to do and consumers are looking for food that is good for the planet and their health."
The study of Organic Valley milk is ongoing and the remaining 40% of Organic Valley's milk supply will be assessed by the end of 2023. Organic Valley is also launching a new carbon insetting program which purchases carbon reduction from its farmers and helps producers implement site-specific projects like agroforestry, enhanced manure management, and on-farm renewable energy.
The research team measuring and analyzing the carbon impact at UW-Madison includes Dr. Rebecca Larson, associate professor at UW-Madison; Dr. Erin Silva, UW-Madison associate professor and Extension specialist in Organic Agriculture; Dr. Michel Wattiaux, UW-Madison professor in Dairy Systems Management; and Rakobitsch.
About Organic Valley
Organic Valley is passionate about doing what's right for people, animals, and earth and is committed to bringing ethically made organic food to families everywhere. Organic Valley is the largest farmer-owned organic cooperative in the U.S. and one of the world's largest organic consumer brands. Founded in 1988 to sustain family farms through organic farming, the cooperative represents nearly 1,800 farmers in 34 U.S. states, Canada, Australia, and the United Kingdom. For more information, visit ov.coop/impact. Organic Valley is also @OrganicValley on Instagram, Facebook, LinkedIn, YouTube, and Twitter.
Media Contact:
Elizabeth McMullen
elizabeth.mcmullen@organicvalley.coop
608-625-3549
SOURCE: Regional analysis of greenhouse gas emissions from USA dairy farms: A cradle to farm-gate assessment of the American dairy industry circa 2008, International Dairy Journal
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SOURCE Organic Valley | https://www.kxii.com/prnewswire/2022/08/19/organic-dairy-farming-can-store-carbon-reduce-greenhouse-gas-emissions-according-new-study-journal-cleaner-production/ | 2022-08-19T21:21:19Z |
Program provides mobile home park residents with enhanced safety, reliability, and cost savings by replacing privately owned gas systems with direct utility service
INDIO, Calif., Aug. 5, 2022 /PRNewswire/ -- Southern California Gas Co. (SoCalGas) today announced the beginning of construction at Arabian Gardens Mobile Home Park in the City of Indio to provide safety and service upgrades through the Mobilehome Park Utility Conversion Program. The modernization program replaces aging, privately owned, master-metered systems with new utility-owned systems at qualified mobile home parks throughout California. In addition to enhanced safety and reliability, Arabian Gardens residents will be eligible to participate in a host of SoCalGas programs, including energy savings and customer assistance programs. Since the Mobilehome Park Utility Conversion Program started in 2014, SoCalGas has upgraded infrastructure and enhanced safety at more than 20,000 mobile homes in more than 287 mobile home communities throughout central and southern California.
"We are pleased to help yet another mobile home park community and its residents through this program," said David Buczkowski, vice president of gas distribution at SoCalGas. "This program helps park residents, many of whom are working families and seniors, have access to safer, more reliable energy as well as various cost-saving customer assistance programs."
The program covers costs for installing new utility service at each mobile home community including individual resident meters. Mobile home park residents with direct natural gas service will have advanced meters to check their natural gas usage. Access to this information helps customers manage their usage and save money. Another benefit of the program is owners of mobile home communities will no longer have to maintain privately-owned gas systems and instead can contact SoCalGas directly for service needs.
Due to the program's pilot success, in 2020 the CPUC voted to establish the conversion effort as a 10-year, ongoing program, authorizing SoCalGas to upgrade up to half of the approximately 132,000 mobile homes in its service territory to direct utility service through 2030. SoCalGas plans to start construction on 43 mobile home parks this year.
More information on the Mobilehome Park Utility Conversion Program can be found at socalgas.com/mobilehome.
Headquartered in Los Angeles, SoCalGas® is the largest gas distribution utility in the United States. SoCalGas delivers affordable, reliable, and increasingly renewable gas service to 21.8 million consumers across 24,000 square miles of Central and Southern California. Gas delivered through the company's pipelines will continue to play a key role in California's clean energy transition—providing electric grid reliability and supporting wind and solar energy deployment.
SoCalGas' mission is to build the cleanest, safest and most innovative energy company in America. In support of that mission, SoCalGas aspires to achieve net-zero greenhouse gas emissions in its operations and delivery of energy by 2045 and to replacing 20 percent of its traditional natural gas supply to core customers with renewable natural gas (RNG) by 2030. Renewable natural gas is made from waste created by landfills, and wastewater treatment plants. SoCalGas is also committed to investing in its gas delivery infrastructure while keeping bills affordable for customers. SoCalGas is a subsidiary of Sempra (NYSE: SRE), an energy services holding company based in San Diego.
For more information visit socalgas.com/newsroom or connect with SoCalGas on Twitter (@SoCalGas), Instagram (@SoCalGas) and Facebook.
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SOURCE Southern California Gas Company | https://www.kxii.com/prnewswire/2022/08/05/socalgas-breaks-ground-mobilehome-park-utility-conversion-project-indio/ | 2022-08-05T16:03:26Z |
Largest Black-Owned Bank Joins with Black-Led Small Business Lender
LOS ANGELES, April 11, 2022 /PRNewswire/ -- OneUnited Bank, the nation's largest Black-owned bank, joins with Lendistry, a Black-led fintech, to provide small business loans to OneUnited Bank customers. The Bank's continuing mission is to close the racial wealth gap by providing a resource for term loans and non-revolving lines of credit to small businesses nationwide.
As part of its mission, OneUnited Bank introduced its OneTransaction program and podcast to encourage Black Americans to focus on "one transaction" to close the wealth gap for their family. The six options include a profitable business, homeownership, savings & investments, an improved credit score, wills, and insurance. With Lendistry, the Bank can support customers who are business owners seeking funds to expand, buy an existing business or finance working capital.
Lendistry is a Black-led fintech and a leader in providing equal access to capital for small business owners. Since 2015, minority, women and veteran-owned businesses have trusted Lendistry to help them grow. Lendistry offers funding for working capital, expansion, tenant/leasehold improvements, debt consolidation and to buy existing businesses.
"We began our relationship with Lendistry in 2020 with the Paycheck Protection Program (PPP) and continued in 2021 with our OneTransaction Program," states Teri Williams, OneUnited Bank President. "We're proud to expand our relationship in 2022 to offer small business loans to our customers nationwide".
"Access to capital for the expansion of small businesses is what we do," said Kerrington Eubanks, SVP of Strategic Partnerships for Lendistry. "We are happy to be a resource for OneUnited Bank's small business customers to connect with us directly to explore new economic opportunities."
Lendistry is a resource for all OneUnited Bank customers for small business loans through OneUnited Bank's online banking platform and highly rated mobile app. Business owners can access the resource, in its app or in online banking, even if their business does not have a business banking relationship with OneUnited Bank. Qualifications, terms, and conditions apply which are determined by Lendistry.
For more information, please visit: www.oneunited.com/businessloan.
Media Contact: Suzan McDowell, Circle of One Marketing, suzan@circleofonemarketing.com, or 305-576-3790
About OneUnited Bank
OneUnited Bank (www.oneunited.com) is the premier bank for urban communities, the largest Black-owned bank, the first Black internet bank and a Community Development Financial Institution (CDFI). Its mission is to provide affordable financial services to support economic development in urban communities and maintain superior financial performance to maximize shareholder value. OneUnited is an FDIC insured bank and an equal housing lender.
About Lendistry
B.S.D. Capital, Inc. dba Lendistry (www.lendistry.com) is a Black-led and technology-enabled small business and commercial real estate lender with Community Development Financial Institution (CDFI) and Community Development Entity (CDE) certifications. Lendistry is one of the top ranked SBA Community Advantage Lenders nationwide, providing responsible financing to small business owners and their underserved communities. Lendistry is a member of the Federal Home Loan Bank of San Francisco, headquartered in a Los Angeles Opportunity Zone. During the COVID-19 pandemic, Lendistry provided Paycheck Protection Program (PPP) loans to small businesses in all 50 states and was selected by the states of California, Pennsylvania and New York to administer their small business relief programs, which distributed grants to businesses that lost significant revenues during the pandemic. Lendistry is dedicated to supporting economic opportunities and progressive growth for underserved urban and rural small business borrowers and their communities.
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SOURCE OneUnited Bank | https://www.kxii.com/prnewswire/2022/04/11/oneunited-bank-joins-with-lendistry-offer-small-business-loans-nationwide/ | 2022-04-11T14:49:43Z |
Ovechkin, Capitals rout Flyers 9-2 to win 4th in a row
By STEPHEN WHYNO
AP Hockey Writer
WASHINGTON (AP) — Alex Ovechkin scored his 46th goal of the season to help the Washington Capitals rout the Philadelphia Flyers 9-2. The Capitals have won four in a row to go into their longest road trip on a high note. Lars Eller scored twice to give him three goals in the past two games. T.J. Oshie broke a nine-game goal drought with his ninth of the season. The Capitals’ nine goals were their most this season. Bobby Brink made his NHL debut for the struggling Flyers three nights after winning the NCAA championship with Denver. | https://localnews8.com/sports/ap-national-sports/2022/04/12/ovechkin-capitals-rout-flyers-9-2-to-win-4th-in-a-row/ | 2022-04-13T03:27:42Z |
The company aims to use this capital to usher in a new era of data-driven investing and decision making
GURGAON and BANGALORE, India, May 31, 2022 /PRNewswire/ -- Synaptic, a leading alternative data insights start-up, announced today the successful closure of $20 million in Series B funding round led by Valor Equity Partners. Synaptic combines the best of technology, machine learning, and finance to bring sophisticated alternative data insights to decision-makers.
With the funding, Synaptic will continue to invest in product innovations, double down on its data science capabilities, partnerships with data vendors, and expand its go-to-market teams in key global financial hubs.
"The amount of data generated by the world grows exponentially every year and can be valuable in providing accurate, detailed insights across all types of markets. However, the data is raw, unstructured, and constantly shifting, making it difficult for companies to use it meaningfully. We are a leader in analyzing billions of data points every day to provide reliable insights to investors and corporations so they can make better decisions. With the Series B funding, we will massively increase our reach and bring our capabilities to more markets and geographies. We are highly enthusiastic about the investment from Valor and look forward to working together with their incredibly experienced team," said Anurag Abbott, Co-Founder, Synaptic.
Synaptic is trusted by leading Venture Capital and Private Equity firms, Hedge Funds, and Asset Managers globally with combined assets of several hundred billion dollars. Synaptic provides a data and insights platform to investors looking to leverage diverse alternative datasets in sourcing and tracking companies of interest, market research, and portfolio monitoring. The Synaptic platform brings together well over 100 performance metrics like web and mobile traffic, SEO data, employee data, product reviews, developer activity, search trends, etc, on hundreds of thousands of public and private companies globally. These are layered with machine learning-powered analytics and an automated insights engine, allowing investors to get personalized insights from their data that would otherwise remain undiscovered.
Speaking on the investment, Antonio Gracias, the Founder, Chief Executive Officer, and Chief Investment Officer of Valor noted, "Valor has a long history of leveraging alternative data to enhance decision making. As the world becomes more chaotic, the importance of alternative data only grows. We are excited to support the Synaptic team as they enhance the accessibility and utility of alternative data."
Synaptic was incubated as the data and analytics team at Vy Capital, a $6 billion AuM global technology investment company and was spun out as an independent company in 2016. Previously, the company has raised $6mn in seed and Series A funding from Ribbit Capital, Felicis Ventures, and Vy Capital Management.
Speaking on the funding, Rohit Razdan, Co-Founder, Synaptic, said, "This is a significant step forward to harness the full potential of merging ML and analytics with alternative data to improve investing decisions. We are grateful for the continued support of existing shareholders and the addition of new investors. Research and data is a $100bn+ industry that has just begun using alternative data. We want to be the partner of choice for any organization that wants to leverage alternative datasets."
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SOURCE Synaptic | https://www.wibw.com/prnewswire/2022/05/31/synaptic-raises-20mn-series-b-funding-round-valor-equity-partners/ | 2022-05-31T15:31:42Z |
Twenty-five percent of local service bays unused; 700 area job openings for technicians
CINCINNATI, June 15, 2022 /PRNewswire/ -- With an estimated 25 percent of Cincinnati-area auto service bays unused for lack of service technicians, and 700 area technician job openings posted on job recruitment sites, an apprenticeship program to address that shortage is expanding to Cincinnati. Automotive Apprentice Group (AAG) matches auto dealership and truck center operations with area residents pursuing a path to a well-paying career. AAG was initially launched in Louisville.
AAG was created by a former owner of numerous auto dealer operations throughout the nation, and in partnership with an internationally renowned workforce development expert and architect of a highly successful AAG-like apprenticeship in Australia.
The first-of-its-kind apprenticeship in the U.S. is a two-year program where apprentices are compensated at a competitive wage and with no out-of-pocket expenses (thus, no incurred debt). AAG apprentices learn and develop skills through on-the-job training at local dealerships, discovery-based e-learning, and hands-on training and practice. Upon completion of the program, the apprentice earns a national certification from the U.S. Department of Labor. All necessary tools and a computer are provided to each apprentice.
For participating auto dealerships and truck centers the program is completely turnkey – AAG manages apprentice recruitment, conducting of candidate interviews, orientation, soft skills training, payroll and compensation, insurance, mentoring and ongoing career coaching – as well as the education and training for each apprentice.
In Louisville, jobs provided to apprentices upon program completion average an initial annual salary about $60,000. Though just ramping up in Cincinnati, several area residents have already enrolled in the program.
Though AAG apprenticeships are for anyone with an interest, they have been especially attractive to men and women 18 to 30 years old for whom college is not an option or a preference.
AAG was founded by David Peterson, who previously owned auto dealerships around the nation for more than 40 years. He has witnessed firsthand the critical need of the next generation of skilled service technicians. Nationally, there are nearly 700,000 job openings for service technicians.
"The technician shortage is an industrywide challenge, yet there has never been a truly national program in place to address the shortage," Peterson said. "I cherish the auto dealership industry, and this is something of a 'calling' for me."
Global Search for Most Successful Model
Peterson said he scoured the globe in search of the most successful training and apprenticeship programs – and the brains behind them – that brought together motivated people eager to start new careers with employers who were eager to retain them. Ultimately, he tapped the expertise of Australian business and employment authority Nick Wyman, author of Job U: How to Find Wealth and Success by Developing the Skills Companies Actually Need.
"The fundamental premise of the Australian apprentice model, and certainly of AAG, is straightforward," said AAG president Joe Atkinson. "It's connecting career minded people such as recent high school graduates or those currently working unrewarding jobs with career opportunities in need of motivated, skilled people. The key to success is taking a wholistic approach to the challenges of identifying, vetting, teaching, hiring, and retaining good, long-term, committed career technicians."
Area dealers on board with concept
Several Cincinnati area dealers have already partnered with AAG to mentor – and ultimately hire – apprentices.
"For us, it's a great business decision," said Ed Keady, managing partner at Mercedes-Benz of Cincinnati/Mercedes-Benz of West Chester. "By committing to a proven apprenticeship program, you're addressing the shortage of technicians – which impacts the dealership and our customers. It also provides a pathway to promising careers for young people – or anyone – looking for a well-paying job that will always be in demand."
Atkinson notes that the AAG formula sets a high standard for its apprentices. Only a portion of those who apply and who are interviewed are accepted into the program. "Thus, while the AAG offerings and its related high standards may not be for everyone, for those who are vetted and accepted … and for the dealerships that hire them … it is a win/win with promising long-term dividends," Atkinson said. "And for a young adult who takes on a career as an auto technician, it is a career that can support them for the rest of their life."
Anyone interested in exploring the apprentice program can visit https://aagamerica.com/
Contact: Dan Hartlage
502-741-0969
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SOURCE Automotive Apprentice Group (AAG) | https://www.mysuncoast.com/prnewswire/2022/06/15/auto-apprenticeship-program-expands-cincinnati-address-dire-shortage-area-service-technicians/ | 2022-06-15T18:22:27Z |
LAWRENCEVILLE, Ga., June 9, 2022 /PRNewswire/ -- Medway Air Ambulance is now one of the only fixed-wing air ambulance providers in the country to earn a dual accreditation for air medical transports, including individual endorsements for its adult patient transfers, Neonatal and Pediatric expertise, and commercial medical escorts. Medway's FAA Part 135 aviation program also earned the prestigious ARGUS Platinum certification, the highest possible rating for aviation safety and service. Medway's elite accreditations and its extensive 22-year history of service solidify its role as a leader in air medical transport.
"Earning both the EURAMI and NAAMTA accreditations this year highlights Medway's ongoing commitment to excellence in patient care," stated Medway's Vice President of Business Development, Mark Chapman, RN. "Our achievement assures healthcare professionals, patients, and families worldwide that the Medway team is trained and equipped to successfully handle complex transports."
The accrediting agencies, European Aero-Medical Institute (EURAMI) and National Accreditation Alliance Medical Transport Applications (NAAMTA), each set strict air medical transport quality and safety standards for domestic and international flights. The independent audits verify that Medway excels in its medical practice and documentation, quality management system, and safety protocol for international and domestic transports.
Both EURAMI and NAAMTA awarded Medway their full air ambulance accreditation, specifically recognizing its specialty Neonatal and Pediatric transport capability. Medway is a contracted provider for pediatric Centers of Excellence, routinely providing medical flights for the best children's hospitals nationwide.
In addition to the validation of Medway's medical expertise, Medway is certified for operational excellence in aviation. The ARGUS International Base Operations Audit and Rating Program awarded Medway the coveted ARGUS Platinum rating for aviation. The elite distinction is based on a comprehensive audit of the aircraft maintenance, pilot training program, emergency response plan, and safety management system.
Independent accreditations and certifications are especially helpful to consumers who seek safe, high-quality air medical transports for their loved ones.
"Our entire organization is built on a foundation of safety. Protecting our patients and our crews is at the heart of every decision we make," said Matt Kinney, Medway's Vice President of Flight Operations. "The ARGUS Platinum rating reflects our determination to ensure Medway is the safest air ambulance program in the country."
Since 2000, Medway Air Ambulance has provided thousands of medical flights for neonatal, pediatric, and adult patients. With 24/7 air medical transport coordination, Medway delivers responsive service and international flight capability. Medway is one of the largest in-network and contracted air ambulance providers in the country, working with travel assistance programs, workers' compensation plans, and health insurance companies. Medway also partners with world-renowned children's hospitals to provide neonatal and pediatric transports using its specialized medical team and equipment. Medway, a Part 135 air carrier, owns and operates its aircraft from its headquarters in Lawrenceville, Georgia.
Contact: Medway Air Ambulance
Office: 800-233-0655
570 Briscoe Blvd.
Lawrenceville, GA 30046
Website: http://www.medwayair.com/
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SOURCE Medway Air Ambulance | https://www.wibw.com/prnewswire/2022/06/09/medway-air-ambulance-renews-its-eurami-accreditation-earns-naamta-accreditation-achieves-an-argus-platinum-rating/ | 2022-06-09T15:17:01Z |
Trump pays $110K in fines, must submit paperwork to end contempt
NEW YORK (AP) — Former President Donald Trump has paid the $110,000 in fines he racked up after being held in contempt of court for being slow to respond to a civil subpoena issued by New York’s attorney general.
Trump paid the fine Thursday but must still submit additional paperwork in order to have the contempt order lifted, the office of Attorney General Letitia James said Friday.
A message seeking comment was left Friday with Trump’s lawyer.
A Manhattan judge declared Trump in contempt of court on April 25 and fined him $10,000 per day for not complying with a subpoena in James’ long-running investigation into his business practices.
Judge Arthur Engoron agreed May 11 to lift the contempt order if, by Friday, Trump paid the fines and submitted affidavits detailing efforts to search for the subpoenaed records and explaining his and his company’s document retention policies.
Engoron also required a company hired by Trump to aid in the search, HaystackID, finish going through 17 boxes kept in off-site storage, and for that company to report its findings and turn over any relevant documents. That process was completed Thursday, James’ office said.
Engoron told Trump to pay the money directly to James’ office and for the attorney general to hold the money in an escrow account while Trump’s legal team appeals the judge’s original contempt finding.
Engoron stopped the fine from accruing May 6, when Trump’s lawyers submitted 66 pages of court documents detailing the efforts by him and his lawyers to locate the subpoenaed records. He warned that he could reinstate it, retroactive to May 7, if his conditions weren’t met.
James, a Democrat, has said her three-year investigation uncovered evidence that Trump’s company, the Trump Organization, misstated the value of assets like skyscrapers and golf courses on financial statements for over a decade.
Trump, a Republican, denies the allegations. He has called James’ investigation “racist” and a politically motivated “witch hunt.” James is Black. Trump’s lawyers have accused her of selective prosecution. Trump is also suing James in federal court, seeking to shut down her probe.
Last week, a lawyer for James’ office said Friday that evidence found in the probe could support legal action against the former president, his company, or both.
The lawyer, Andrew Amer, said at a hearing in Trump’s lawsuit against James that “there’s clearly been a substantial amount of evidence amassed that could support the filing of an enforcement proceeding,” although a final determination on filing such an action has not been made.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/20/trump-pays-110k-fines-must-submit-paperwork-end-contempt/ | 2022-05-20T19:03:51Z |
World-class facility offers patients the most advanced medical and orthopedic care north of Houston
HOUSTON, April 11, 2022 /PRNewswire/ -- This week marks five years since the opening of Texas Children's Hospital The Woodlands with a special focus on offering patients closer pediatric care and emergency services north of Houston. Revolutionary milestones from our multi-disciplinary teams include treating the most complex orthopedic sports injuries of competitive world athletes to our recent 100th adolescent bariatric surgery.
"The opening of Texas Children's Hospital The Woodlands was a momentous event. I will never forget the team's dedication to building the first pediatric hospital in Montgomery County," said Michelle Riley-Brown, president, Texas Children's Hospital The Woodlands. "We're continuously rewarded by the opportunity to provide our specialized pediatric care locally to this community."
Since that day in 2017, close to 900,000 patients have been treated at Texas Children's The Woodlands. Texas Children's also created a unique environment for children at all stages of life.
Texas Children's Hospital The Woodlands by the Numbers:
- 265,447 emergency room visits
- 47,513 surgeries performed
- 826,827 patient appointments completed
During the global COVID-19 pandemic, Texas Children's Hospital experts across specialties have led the way regionally in treatment and research with testing, therapeutics and vaccinations. Comprehensive teams continue to work around-the-clock caring for critically ill patients infected with COVID-19.
"I am extremely proud of our entire amazing team, we could not have been so successful to date without the incredible people who show up every day to deliver on the mission and the overwhelming support of this great community. We are so grateful to our patient families for entrusting us with the care of their children," said Dr. Ketrese White, Vice President, Texas Children's Hospital The Woodlands.
Since the hospital's bariatric surgery program's inception in May 2018 — Texas Children's became the first Adolescent-Only Bariatric Surgery Center in Texas, and the 7th in the United States. The hospital currently is pursuing accreditation with the Metabolic and Bariatric Surgery Accreditation and Quality Improvement Program (MBSAQIP). A bariatric surgical center achieves MBSAQIP accreditation following a rigorous review process during which it proves that it can maintain certain physical resources, human resources, and standards of practice.
Additionally, a hallmark feature of the campus is Texas Children's Motion Analysis and Human Performance Laboratory, part of the hospital's nationally ranked Orthopedics program and one of the only pediatric labs of its kind in the state.
The laboratory leverages the expertise of a team of physicians, therapists, bio-mechanists and exercise physiologists along with state-of-the-art computer and sensor technology to study, analyze and help improve how the human body moves. The laboratory is equipped with a 3D motion capture system, force platforms, force plate instrumented treadmill, electromyography system and a metabolic cart.
"As we celebrate all that has been accomplished since our opening day, I'm reminded of what was once only a vision of bringing Texas Children's specialized care to the communities north of Houston. I cannot express how proud and thankful I am of every single person who not only helped bring that dream to fruition, but who has also worked tirelessly over the past five years to carry it far beyond what I could have ever imagined," said Mark A. Wallace, President and CEO of Texas Children's Hospital.
Opened in 2017, the 550,000-square-foot facility serves children and families and offers inpatient and outpatient specialty pediatric care.
Texas Children's Hospital The Woodlands offers specialty pediatric care in areas that include cancer, cardiology, neurology, orthopedics, diabetes and endocrinology, urology, sports medicine, gastroenterology and nutrition, plastic surgery, otolaryngology, allergy and immunology, dermatology, adolescent medicine and physician rehabilitation.
Hospital facilities include:
- 24 emergency center rooms
- 74 acute care rooms
- 5 radiology rooms
- 5 operating rooms
- 3 specialty care locations
Along with serving families throughout The Woodlands area, Texas Children's serves families in counties throughout Greater North Houston including Montgomery, Walker, Grimes, Liberty, Harris, Polk, San Jacinto and Hardin.
Texas Children's Hospital is ranked third among the best children's hospitals nationally by U.S. News & World Report, and first in Texas. For more information or to book an appointment, visit women.texaschildrens.org.
About Texas Children's Hospital
Texas Children's Hospital, a not-for-profit health care organization, is committed to creating a healthier future for children and women throughout the global community by leading in patient care, education and research. Consistently ranked as the best children's hospital in Texas, and among the top in the nation, Texas Children's has garnered widespread recognition for its expertise and breakthroughs in pediatric and women's health. The hospital includes the Jan and Dan Duncan Neurological Research Institute; the Feigin Tower for pediatric research; Texas Children's Pavilion for Women, a comprehensive obstetrics/gynecology facility focusing on high-risk births; Texas Children's Hospital West Campus, a community hospital in suburban West Houston; and Texas Children's Hospital The Woodlands, the first hospital devoted to children's care for communities north of Houston. The organization also created Texas Children's Health Plan, the nation's first HMO for children; Texas Children's Pediatrics, the largest pediatric primary care network in the country; Texas Children's Urgent Care clinics that specialize in after-hours care tailored specifically for children; and a global health program that's channeling care to children and women all over the world. Texas Children's Hospital is affiliated with Baylor College of Medicine. For more information, go to www.texaschildrens.org. Get the latest news by visiting the online newsroom and Twitter at twitter.com/texaschildrens.
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SOURCE Texas Children's Hospital | https://www.kxii.com/prnewswire/2022/04/11/texas-childrens-hospital-woodlands-marks-fifth-anniversary-achievements-milestones/ | 2022-04-11T17:51:41Z |
BEIJING (AP) — Beijing extended orders for workers and students to stay home and ordered additional mass testing Monday as cases of COVID-19 rose in the Chinese capital.
Numerous residential compounds in the city have restricted movement in and out, although conditions remain far less severe than in Shanghai, where millions of citizens have been under varying degrees of lockdown for two months.
Beijing on Monday reported an uptick in new cases to 99, up from a previous daily average of around 50. Two more districts, Shijingshan and Haidian, began a work-from-home policy this week, bringing the total to six. In cases where people need to go to their offices, the number of workers is limited to 30% of the normal level.
Nationwide, China reported 802 new cases Monday, marking a steady decline interrupted only by small-scale localized outbreaks. Despite that, the government has hewed to strict quarantine, lockdown and testing measures under its “zero-COVID” approach, even while the outside world is opening up.
About 550 of the new cases were in Shanghai, where restrictions are only gradually being eased. The city reopened four of its 20 subway lines on Sunday, with trains operating on a reduced schedule of every 20 minutes from 7 a.m. to 8 p.m.
The number of new cases in China’s largest city has fallen under 1,000 for eight days in a row, but outbreaks could still come back in some areas, said Lei Zhenglong, the deputy chief of disease control and prevention at the National Health Commission.
A reopening of transport links out of Shanghai has created an exodus of migrant workers and others who were trapped by the lockdown. Among those who remain, some have been issued exit passes to leave their residential compounds or neighborhoods for a limited time for shopping or walks, while others remain restricted to their buildings. | https://cw33.com/news/international/ap-international/beijing-extends-work-from-home-order-as-covid-19-cases-rise/ | 2022-05-23T13:27:24Z |
HARRISBURG, Pa., June 29, 2022 /PRNewswire/ -- Today, AARP Pennsylvania announced that seven organizations will receive 2022 Community Challenge grants – part of the largest group of grantees to date with $3.4 million awarded among 260 organizations nationwide. Grantees will implement quick-action projects that help communities become more livable in the long-term by improving public places; transportation; housing; diversity, equity and inclusion; digital access; and civic engagement, with an emphasis on the needs of adults age 50 and over.
"AARP Pennsylvania is incredibly proud to collaborate with these organizations as they work to make immediate improvements in their communities, encourage promising ideas, and jumpstart long-term change," said State Director Bill Johnston-Walsh. "Our goal at AARP is to support the efforts of our communities to be great places for people of all backgrounds, ages and abilities."
Here in Pennsylvania, projects awarded Community Challenge Grant funding include:
- Utility Emergency Services Fund (UESF): Will connect older Philadelphians to UESF assistance sites, where UESF will work to stabilize their housing by addressing their immediate challenges while removing the barriers to long-term housing stability.
- Center in the Park: Will create a community café with free wifi access in a senior center primarily used by adults 55+. This transformation of space will challenge ageist perceptions of senior centers in the broader community.
- Clean Air Council: Will create new senior focused programming and install two ADA compliant kiosks to serve as both community bulletin boards and park maps that encourage recreation while connecting residents to Cobbs Creek Park – a crucial greenspace in densely populated West and Southwest Philadelphia – that connects neighborhoods and provides a safe route for exercise, recreation and commuting to work.
- Philadelphia Chinatown Development Corporation: Will activate public space to engage older adults in designing a community-based vision for a capping project, which will reconnect a neighborhood divided and displaced by expressway construction in the 1960s.
- Thomas Jefferson University: Will provide educational programming and unite local older adults with young adults in West Philadelphia to build four accessible, senior-friendly gardens in collaboration with Jefferson's Park.
- Lawrenceville United: Will celebrate and memorialize the stories of older neighbors, especially older women, and their contributions to this northeast Pittsburgh community through an oral history collection and a lasting public art project.
- West Chester Public Library: Will expand this southeastern Philadelphia library outdoors with three tables with seating and umbrellas, including one ADA compliant seat, for reading, programs, wireless use, and socializing, to benefit all, including the 39 percent of active library patrons who are 50-plus.
AARP Community Challenge grant projects will be funded in all 50 states, Washington, D.C., Puerto Rico, and the U.S. Virgin Islands. True to the program's quick-action nature, projects must be completed by November 30, 2022.
This year, AARP is bolstering its investment of affordable and adaptable housing solutions in response to the national housing crisis. With additional funding support from Toyota Motor North America, the program is also increasing its support of projects that improve mobility innovation and transportation options.
The grant program is part of AARP's nationwide Livable Communities initiative, which supports the efforts of cities, towns, neighborhoods and rural areas to become great places to live for people of all ages. Since 2017, AARP Pennsylvania has awarded seven grants and $92,427 through the program to nonprofit organizations and government entities across the state.
View the full list of grantees and their project descriptions at aarp.org/CommunityChallenge and learn more about AARP's Livable Communities work at aarp.org/Livable.
AARP is the nation's largest nonprofit, nonpartisan organization dedicated to empowering people 50 and older to choose how they live as they age. With a nationwide presence and nearly 38 million members, AARP strengthens communities and advocates for what matters most to families: health security, financial stability and personal fulfillment. AARP also produces the nation's largest circulation publications: AARP The Magazine and AARP Bulletin. To learn more, visit www.aarp.org, www.aarp.org/espanol or follow @AARP, @AARPenEspanol and @AARPadvocates, @AliadosAdelante on social media.
MEDIA CONTACT:
TJ Thiessen | tthiessen@aarp.org | 202-374-8033
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SOURCE AARP Pennsylvania | https://www.mysuncoast.com/prnewswire/2022/06/29/aarp-awards-grants-seven-pennsylvania-organizations-part-its-nationwide-program-make-communities-more-livable/ | 2022-06-29T18:45:17Z |
Represents Second VA Hospital to Offer MRIdian MRI-guided Radiation Therapy Cancer Treatment Directly to Veterans
CLEVELAND, June 9, 2022 /PRNewswire/ -- ViewRay, Inc. (Nasdaq: VRAY) announced today that the VA Ann Arbor Healthcare System (VAAAHS) has selected a MRIdian MRI-guided radiation therapy system to expand radiation therapy services at the Lieutenant Colonel Charles S. Kettles VA Medical Center. The MRIdian system will enable the VA Ann Arbor Cancer Program to offer advanced MRI-guided radiation therapy technology to Veterans throughout the region who are seeking personalized treatment for pancreas, prostate, lung, liver, breast, and oligometastatic cancers.
VAAAHS provides state-of-the-art healthcare services to Veterans at seven locations of care in southeast Michigan and northwest Ohio. The VA Ann Arbor Cancer Program has offered cancer care to Veterans from the tristate area since 1982. VAAAHS offers comprehensive, multidisciplinary care for Veterans with cancer and is one of 13 VA health systems nationally designated as a Center for Excellence for Prostate Cancer (Rahr Center of Excellence for Prostate Cancer), within a larger Precision Oncology Program. The Lieutenant Colonel Charles S. Kettles VA Medical Center joins the Louis Stokes Cleveland VA Medical Center offering treatment using MRIdian MRI-guided radiation therapy.
"We are proud to be working with VA Ann Arbor Healthcare System, a dedicated group of clinicians who are committed to bringing the most advanced radiation therapy to our Veterans," said Paul Ziegler, Chief Commercial Officer at ViewRay. "MRIdian SMART (stereotactic MR-guided adaptive radiotherapy) combines the benefits of real-time MRI visualization, on-table adaptive therapy, and automatic beam control, which allows clinicians to deliver precise radiation therapy treatment."
The MRIdian system provides oncologists outstanding anatomical visualization through diagnostic-quality MR images and the ability to adapt a radiation therapy plan to the targeted cancer with the patient on the table. This combination allows physicians to define tight treatment margins to avoid unnecessary radiation exposure of vulnerable organs-at-risk and healthy tissue and allows the delivery of ablative radiation doses in five or fewer treatment sessions, without relying on implanted markers. By providing real-time continuous tracking of the target and organs-at-risk, MRIdian enables automatic gating of the radiation beam if the target moves outside the user-defined margins. This allows for delivery of the prescribed dose to the target, while sparing surrounding healthy tissue and critical structures, which results in minimizing toxicities typically associated with conventional radiation therapy
To date, over 22,000 patients have been treated with MRIdian. Currently, 51 MRIdian systems are installed at hospitals around the world where they are used to treat a wide variety of solid tumors and are the focus of numerous ongoing research efforts. MRIdian has been the subject of hundreds of peer-reviewed publications, scientific meeting abstracts, and presentations. For a list of treatment centers, please visit: https://viewray.com/find-mridian-mri-guided-radiation-therapy/
The opinions and clinical experiences discussed herein are specific to the featured physicians and are for information purposes only. Nothing in this material is intended to provide specific medical advice or to take the place of written law or regulations. Results of treatment presented in this press release are not indicative of typical or future results.
The MRIdian Linac System is not appropriate for all patients, including those who are not candidates for magnetic resonance imaging. Radiation treatments may cause side effects that can vary depending on the part of the body being treated. The most frequent ones are typically temporary and may include, but are not limited to, irritation to the respiratory, digestive, urinary, or reproductive systems; fatigue; nausea; skin irritation; and hair loss. In some patients, side effects can be severe. Treatment sessions may vary in complexity and duration. Radiation treatment is not appropriate for all cancers. You should discuss the potential for side effects and their severity as well as the benefits of radiation and magnetic resonance imaging with your doctor to make sure radiation treatment is right for you.
ViewRay, Inc. (Nasdaq: VRAY) designs, manufactures, and markets the MRIdian® MRI-Guided Radiation Therapy System. MRIdian is built upon a proprietary high-definition MR imaging system designed from the ground up to address the unique challenges and clinical workflow for advanced radiation oncology. Unlike MR systems used in diagnostic radiology, MRIdian's high-definition MR was purpose-built to address specific challenges, including beam distortion, skin toxicity, and other concerns that potentially may arise when high magnetic fields interact with radiation beams. ViewRay and MRIdian are registered trademarks of ViewRay, Inc.
This press release contains forward-looking statements within the meaning of Section 27A of the Private Securities Litigation Reform Act. Statements in this press release that are not purely historical are forward-looking statements. Such forward-looking statements include, among other things, ViewRay's financial guidance for the full year 2022, anticipated future orders, anticipated future operating and financial performance, treatment results, therapy adoption, innovation, and the performance of the MRIdian systems. Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the ability to commercialize the MRIdian Linac System, demand for ViewRay's products, the ability to convert backlog into revenue, the timing of delivery of ViewRay's products, the timing, length, and severity of the COVID-19 pandemic, including its impacts across our businesses on demand, our operations and global supply chains, disruptions in the supply or changes in costs of raw materials, labor, product components or transportation services as a result of inflation, the results and other uncertainties associated with clinical trials, the ability to raise the additional funding needed to continue to pursue ViewRay's business and product development plans, the inherent uncertainties associated with developing new products or technologies, competition in the industry in which ViewRay operates, and overall market conditions. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to ViewRay's business in general, see ViewRay's current and future reports filed with the Securities and Exchange Commission, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and its Quarterly Reports on Form 10-Q, as updated periodically with the Company's other filings with the SEC. These forward-looking statements are made as of the date of this press release, and ViewRay assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law.
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SOURCE ViewRay, Inc. | https://www.wibw.com/prnewswire/2022/06/09/va-ann-arbor-healthcare-system-selects-viewray-expand-advanced-radiation-therapy-services/ | 2022-06-09T12:12:03Z |
- Bel will develop a line of cheese products incorporating Superbrewed's Postbiotic Cultured Protein in its recipes, ensuring it delivers functionally, environmentally, and nutritionally interesting benefits to consumers.
- Given the protein's many benefits and great potential, this exclusive collaboration will become a unique competitive lever. It will ally Superbrewed Food's innovative ingredients with Bel's unique cheese know how and keen understanding of the challenges facing the agri-food market and an ever-growing population's nutritional needs.
- In keeping with its mission to offer healthier and responsible snacking products that are accessible to all, Bel thus pioneers the development of food innovations, on its three product territories – dairy, fruit and plant-based, including through working closely with best-in-class start-ups.
CHICAGO and NEW CASTLE, Del., July 7, 2022 /PRNewswire/ -- Today, Bel Group, a major player in healthy snacking with cheese brands such as Babybel®, The Laughing Cow® and Boursin®, and Superbrewed Food announce an exclusive strategic collaboration. This was negotiated by Bel Ventures as part of the Group's strategy to pioneer the development of dairy and plant-based food innovations to meet the food challenges of tomorrow for a growing population.
After a screening process, Bel Ventures, in partnership with Bel's R&D department, selected Superbrewed Food to accelerate on one of the Group's technological bets: biomass fermentation. Thanks to the remarkable quality, lower environmental impact, and functionality of this start-up's ingredient, the partnership with Superbrewed aligns with Bel's goal to scale up its most promising technologies offering nutritional, environmental, and sensory advantages in its products for the benefit of people and the planet.
Superbrewed Protein is nutrient-rich protein ingredient made from microflora found in nature that convert plant fibers. This high-quality protein contains all 9 essential amino acids. It is a "whole food" because it is minimally processed to retain its natural nutrition beyond protein. For example, a thirty-gram serving meets the U.S. Food and Drug Administration's requirements for being a "good source" of five B-vitamins, including a full day's supply of B-12, and a "good source" of six essential minerals, such as iron, phosphorus, and magnesium.
This protein will be ready to ship from Superbrewed Food's Delaware facility in the first half of 2023. Bel Group's goal is to develop a full range of cheeses with this ingredient and be able to propose these new products to consumers very soon.
Bel Group Chief Venture Officer Caroline Sorlin said: "Pursuing our mission to offer healthy snacks for all, Bel innovates to support the changes in nutritional needs and meet the challenges of a sustainable diet for an ever-growing world population. We are very happy to enter this exclusive collaboration, which is testament to our pioneering role and acceleration on disruptive technologies. As a family business, we are also proud to have adopted an "open collaboration" model with over 100 partners, including start-ups, to stimulate and scale up their innovations and so prepare the future of food."
Bel Group Research and Application Director Anne Pitkowski said: "We are accelerating on biomass fermentation at the R&D level for its environmental, nutritional and accessibility benefits, without compromising on taste and pleasure. Thus, we are very happy to work hand-in-hand with best-in-class startup Superbrewed Food and to be able to offer promising product innovations to consumers."
Superbrewed Food CEO Bryan Tracy, PhD, said: "We're honored to partner with Bel Group to lead the industry in the application of highly scalable alternative proteins for cheese. Given theBel global reach of their brands and inclusive "open collaboration" model, they are ideal partners for Superbrewed."
The Bel Group is a world leader in branded cheese and a major player in the healthy snacking segment. Bel produces more than thirty local and international brands that are sold in more than 120 countries around the globe. Family favorite brands such as The Laughing Cow®, Kiri®, Babybel®, Boursin®, Nurishh®, Pom'Potes® and GoGo squeeZ®, as well as some twenty other local brands, have enabled The Bel Group to generate sales of 3.38 billion euros in 2021.
Superbrewed Food is a nutrition and health company focused on the development of natural ingredients for both humans and animals based on a cultured fermentation alternative protein platform. Made from microflora native to our microbiome, our products deliver superior nutritional and functional benefits compared to other plant and microbial proteins. Superbrewed Cultured Protein is sustainably produced, non-GMO, animal-free, has no known allergens, and is remarkably versatile in terms of applications in foods.
For more information on Superbrewed Food, visit www.superbrewedfood.com, or follow Superbrewed Food on Instagram @superbrewedfood.
Keenan Doheny
(203) 535-9398
Keenan.doheny@edible-inc.com
Superbrewed Food press contacts
Meghan Flynn, MS, RD
(203) 667-0241
meghan.flynn@thefoodgroup.com
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SOURCE Superbrewed Food | https://www.kxii.com/prnewswire/2022/07/07/bel-superbrewed-food-are-entering-strategic-collaboration-develop-line-cheese-products-incorporating-superbrewed-postbiotic-cultured-protein/ | 2022-07-07T12:19:24Z |
NEW YORK, June 7, 2022 /PRNewswire/ -- Mazars, a leading audit, tax and advisory firm in the US, today announced that is has added enhanced service offerings to its Cyber Managed Services Practice and increased the number of professionals in the practice. These moves expand the firm's solutions and expertise to better support the dynamic needs of clients in a complex environment characterized by constantly evolving cyber threats and interconnected business risks.
These new enhancements strengthen Mazars' leading position as a managed services provider in the cyber space by adding multiple platforms, improved threat analysis capabilities, and strengthens the team of highly experienced cyber experts working in concert to effectively analyze, detect and respond to cyber threats.
"We are excited to be able to offer these enhanced cyber services to our clients and prospects," said Victor Wahba, Chairman and CEO of Mazars in the US. "Cyber threats to businesses of all types and sizes are constantly evolving. We are now more strongly positioned to help address these ongoing challenges."
"This key investment by Mazars provides us with an excellent opportunity to increase our footprint in the US," said Paul Truitt, Principal and US Cyber Practice Leader, Mazars USA. "This addition further strengthens our advanced real-time threat-monitoring capabilities, supported by a proven team of professionals with decades of experience in this sector. As companies of all sizes are facing increased cyber risks, our services are becoming even more critical for organizations in retail, manufacturing, financial services, healthcare and other markets."
With enhanced, real-time threat analysis technology and additional professionals to manage these solutions on behalf of clients, Mazars is continuing to invest in serving its clients cybersecurity needs. Real-time threat analysis enables a company to analyze cyber incidents as they are happening at the point of attack and take action in its clients' environments to stop the attack before there is an impact. As an example, real-time threat analysis can identify a potential ransomware attack weeks or months before it occurs by first identifying the phishing attack that could lead to a bad actor gaining access to a corporate network, stealing data and holding it for ransom.
For more information on Mazars in the US, please visit: https://www.mazars.us.
Media Contact
Beth More, Marketing Director, Mazars USA LLP, beth.more@mazarsusa.com
About Mazars USA LLP
Mazars USA LLP is an independent member firm of Mazars Group, an international audit, tax and advisory organization with operations in over 90 countries. With roots going back to 1921 in the US, the firm has significant national presence in strategic geographies, providing seamless access to 28,000+ professionals around the world. Our industry specialists deliver tailored services to a wide range of clients across sectors, including individuals, high-growth emerging companies, privately-owned businesses and large enterprises.
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SOURCE Mazars USA LLP | https://www.kxii.com/prnewswire/2022/06/07/mazars-us-adds-enhanced-services-new-team-professionals-cyber-practice/ | 2022-06-07T13:18:51Z |
COPENHAGEN, Denmark (AP) — The leaders of Estonia and Finland want fellow European countries to stop issuing tourist visas to Russian citizens, saying they should not be able to take vacations in Europe while the Russian government carries out a war in Ukraine.
Estonian Prime Minister Kaja Kallas wrote Tuesday on Twitter that “visiting Europe is a privilege, not a human right” and that it is “time to end tourism from Russia now.”
A day earlier, her counterpart in Finland, Sanna Marin, told Finnish broadcaster YLE that “it is not right that while Russia is waging an aggressive, brutal war of aggression in Europe, Russians can live a normal life, travel in Europe, be tourists.”
Ukrainian President Volodymyr Zelenskyy went further in a Washington Post interview Monday, saying all Western countries should ban Russian tourists.
Estonia and Finland both border Russia and are members of the European Union, which banned air travel from Russia after it invaded Ukraine. But Russians can still travel by land to both countries and apparently are then taking flights to other European destinations.
The calls for a travel ban have sparked outrage within Russia, from both the Kremlin and its critics. Opposition-minded public figures condemned the comments in social media posts as fueling Moscow’s anti-Western propaganda and being unhelpful in stopping the war.
“I think that over time, common sense will somehow manifest itself, and those who made such statements will come to their senses,” Kremlin spokesman Dmitry Peskov said Tuesday.
YLE reported last week that Russian companies have started offering car trips from St. Petersburg to the airports of Helsinki and Lappeenranta in Finland, which have direct connections to several places in Europe. Russia’s second-largest city is about 300 kilometers (186 miles) from the Finnish capital.
Visas issued by Finland are valid across most of Europe’s travel zone, known as the “Schengen area” which is made up of 26 countries: 22 EU nations plus Iceland, Liechtenstein, Norway and Switzerland. Normally, people and goods move freely between these countries without border checks. Nineteen other countries outside this travel area allow in foreigners using a Schengen visa.
Finland just resumed accepting applications for tourist visas in Russia on July 1, lifting monthslong travel restrictions imposed during the COVID-19 pandemic.
Some EU countries no longer issue visas to Russians, including Latvia, which made that decision this month because of the war.
The visa issue is expected be discussed at an informal meeting of EU foreign ministers on Aug. 31, YLE reported.
“I would believe that in future European Council meetings, this issue will come up even more strongly. My personal position is that tourism should be restricted,” Marin told the Finnish broadcaster.
Peskov on Tuesday said calls for travel bans are usually coming from countries that Moscow has already deemed “hostile” and “many of those countries in their hostility sink into oblivion.”
Putin’s close associate and deputy head of Russia’s Security Council, Dmitry Medvedev, dismissed the Estonian premier’s statement, adding ominously: “I just want to remind her of another saying: ‘The fact that you are free is not your merit, but our flaw.’”
Zelenskyy told The Washington Post that “the most important sanctions are to close the borders” for Russian travelers, “because the Russians are taking away someone else’s land.”
Russians should “live in their own world until they change their philosophy,” Zelenskyy said, adding that such restrictions should apply to all Russians, even those who left the country and oppose the war.
It’s contrasts with what he said in March, a month after Moscow sent troops into Ukraine, when he urged Russians to leave the country to avoid funding the war with their taxes.
Asked about Zelenskyy’s remarks, Peskov, the Kremlin spokesman, called them a “statement … that speaks for itself,” which Moscow views “extremely negatively.”
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Follow AP’s coverage of the war at https://apnews.com/hub/russia-ukraine.
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This story has been corrected to show that Ukrainian President Volodymyr Zelenskyy’s interview with The Washington Post was on Monday, not Tuesday. | https://cw33.com/business/ap-business/estonia-finland-want-europe-to-end-russian-tourist-visas/ | 2022-08-09T17:57:50Z |
AUSTIN, Texas, May 16, 2022 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today reported financial results for its first quarter ended March 31, 2021.
First quarter 2022 net revenue was $3.4 million versus $0.4 million a year ago, an increase of 740% year over year. Our gross profit margin increased 94% year over year to 42.9% from negative 50.8% a year ago, an increase of $1.7 million in gross profit dollars
Our net loss per diluted share was $0.59 versus a net loss of $4.55 per diluted share a year ago, an improvement of 671% year over year. Our net loss attributable to common stockholders was $7.8 million versus a net loss of $3.0 million a year ago. The net loss included non-cash expenses associated with a change in the fair value of contingent liabilities and amortization of loan discount and fees of $3.0 million.
"Our first quarter 2022 results reflect another quarter of meaningful improvement in our business results," said Hil Davis, Chief Executive Officer of Digital Brands Group.
"We continue to drive significant revenue growth year-over-year. In fact, based on our current wholesale orders for this summer and fall, we believe that we will continue to experience strong year-over-year revenue growth. This revenue growth is creating leverage on our fixed costs. We believe that we will benefit from this revenue growth in the fall to fully leverage our fixed costs," concluded Davis.
- Net Sales were $3.4 million versus $0.4 million in the year ago quarter, an increase of 740% year over year. The increase in net sales was driven by an increase in revenue across all our brands.
- Our gross profit margin increased 671% year over year to 42.9% from negative 50.8%. Gross profit increased by $1.7 million due to improved gross margins at all our brands.
- Net loss attributable to common stockholders was $7.8 million, or $0.59 per diluted share, compared to net loss attributable to common stockholders of $3.0 million, or $4.55 per diluted share, in the prior year period.
- Net loss in the first quarter of 2022 included non-cash expenses associated with a change in the fair value of contingent liabilities and amortization of loan discount and fees of $3.0 million.
The Company will host a conference call and webcast at 5:30 p.m. ET today to discuss results. The live conference call can be accessed by dialing (866) 605-1828 from the U.S. or internationally. The conference I.D. code is 13730157.
Certain statements included in this release are "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting DBG and therefore involve several risks and uncertainties. You can identify these statements by the fact that they use words such as "will," "anticipate," "estimate," "expect," "should," and "may" and other words and terms of similar meaning or use of future dates, however, the absence of these words or similar expressions does not mean that a statement is not forward-looking. All statements regarding DBG's plans, objectives, projections and expectations relating to DBG's operations or financial performance, and assumptions related thereto are forward-looking statements. We caution that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. DBG undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Potential risks and uncertainties that could cause the actual results of operations or financial condition of DBG to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: risks arising from the widespread outbreak of an illness or any other communicable disease, or any other public health crisis, including the coronavirus (COVID-19) global pandemic; the level of consumer demand for apparel and accessories; disruption to DBGs distribution system; the financial strength of DBG's customers; fluctuations in the price, availability and quality of raw materials and contracted products; disruption and volatility in the global capital and credit markets; DBG's response to changing fashion trends, evolving consumer preferences and changing patterns of consumer behavior; intense competition from online retailers; manufacturing and product innovation; increasing pressure on margins; DBG's ability to implement its business strategy; DBG's ability to grow its wholesale and direct-to-consumer businesses; retail industry changes and challenges; DBG's and its vendors' ability to maintain the strength and security of information technology systems; the risk that DBG's facilities and systems and those of our third-party service providers may be vulnerable to and unable to anticipate or detect data security breaches and data or financial loss; DBG's ability to properly collect, use, manage and secure consumer and employee data; stability of DBG's manufacturing facilities and foreign suppliers; continued use by DBG's suppliers of ethical business practices; DBG's ability to accurately forecast demand for products; continuity of members of DBG's management; DBG's ability to protect trademarks and other intellectual property rights; possible goodwill and other asset impairment; DBG's ability to execute and integrate acquisitions; changes in tax laws and liabilities; legal, regulatory, political and economic risks; adverse or unexpected weather conditions; DBG's indebtedness and its ability to obtain financing on favorable terms, if needed, could prevent DBG from fulfilling its financial obligations; and climate change and increased focus on sustainability issues. More information on potential factors that could affect DBG's financial results is included from time to time in DBG's public reports filed with the SEC, including DBG's Annual Report on Form 10-K, and Quarterly Reports on Form 10-Q, and Forms 8-K filed or furnished with the SEC.
About Digital Brands Group
We offer a wide variety of apparel through numerous brands on a both direct-to-consumer and wholesale basis. We have created a business model derived from our founding as a digitally native-first vertical brand. Digital native first brands are brands founded as e-commerce driven businesses, where online sales constitute a meaningful percentage of net sales, although they often subsequently also expand into wholesale or direct retail channels., Unlike typical e-commerce brands, as a digitally native vertical brand we control our own distribution, sourcing products directly from our third-party manufacturers and selling directly to the end consumer. We focus on owning the customer's "closet share" by leveraging their data and purchase history to create personalized targeted content and looks for that specific customer cohort. We have strategically expanded into an omnichannel brand offering these styles and content not only on-line but at selected wholesale and retail storefronts. We believe this approach allows us opportunities to successfully drive Lifetime Value ("LTV") while increasing new customer growth.
Digital Brands Group, Inc. Company Contact
Hil Davis, CEO
Email: invest@digitalbrandsgroup.co
Phone: (800) 593-1047
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SOURCE Digital Brands Group, Inc. | https://www.kxii.com/prnewswire/2022/05/16/digital-brands-group-reports-first-quarter-2022-financial-results/ | 2022-05-16T21:42:51Z |
PITTSBURGH, May 26, 2022 /PRNewswire/ -- "I thought there could be a better cane to increase safety and visibility for users," said an inventor, from Schleswig, Iowa, "so I invented the STEPUP CANE. My design would offer an effective alternative to standard canes as it would incorporate 14 different safety features."
The invention provides an improved design for a cane. In doing so, it prevents the cane from falling when not in use. As a result, it enhances safety and it provides added comfort and warmth. The invention features a practical design that is convenient and easy to use so it is ideal for individuals who utilize mobility canes. Additionally, a prototype model is available upon request.
The original design was submitted to the Jackson sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-JKK-111, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/05/26/inventhelp-inventor-develops-improved-cane-with-14-different-ways-improve-safety-jkk-111/ | 2022-05-26T16:47:28Z |
WASHINGTON, July 6, 2022 /PRNewswire/ -- Fannie Mae (OTCQB: FNMA) priced a $381 million Multifamily Social DUS® REMIC under its Fannie Mae Guaranteed Multifamily Structures (Fannie Mae GeMS™) program on June 23, 2022. FNA 2022-M1S marks the sixth Fannie Mae GeMS issuance of 2022.
"The M1S is our first social GeMS of 2022 and the third in GeMS history," said Dan Dresser, Senior Vice President, Multifamily Capital Markets and Pricing, Fannie Mae. "We were thankful that investors were able to focus on the deal given the macro environment and rate volatility and appreciate the support to our affordable housing efforts."
The M1S issuance aligns with Fannie Mae's Sustainable Bond Framework, which governs Fannie Mae's commitment to adhering to international standards in its issuance of green, social, and sustainable bonds. In 2020, Fannie Mae received a second party opinion on its Sustainable Bond Framework from independent third-party Sustainalytics. The framework builds on Fannie Mae's 32-year history of supporting multifamily affordable housing, 10-year history of multifamily green financing, and its expansion into single-family green MBS issuance in 2020.
"The collateral backing the M1S reflects the social criteria in our Sustainable Bond Framework, in support of affordable housing," said Lisa Bozzelli, Senior Director, Multifamily Capital Markets, Fannie Mae. "Through these properties, we are able to support over 1,000 units affordable to households earning 50% of area median income (AMI), over 680 units affordable to households earning 60% of AMI and over 1,000 pads in affordable manufactured housing communities."
All classes of FNA 2022-M1S are guaranteed by Fannie Mae with respect to the full and timely payment of interest and principal. The structure details for the multi-tranche offering can be found in the table below:
* The spread on FNA 2022-M1S was priced using the SOFR swap curve
For additional information, please refer to the Fannie Mae GeMS REMIC Term Sheet (FNA 2022-M1S) available on the Fannie Mae GeMS Archive page.
About Fannie Mae
Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. We enable the 30-year fixed-rate mortgage and drive responsible innovation to make homebuying and renting easier, fairer, and more accessible. To learn more, visit:
fanniemae.com | Twitter | Facebook | LinkedIn | Instagram | YouTube | Blog
Fannie Mae Newsroom
https://www.fanniemae.com/newsroom
Photo of Fannie Mae
https://www.fanniemae.com/resources/img/about-fm/fm-building.tif
Fannie Mae Resource Center
1-800-2FANNIE
Certain statements in this release may be considered forward-looking statements within the meaning of federal securities laws. In addition, not all securities will have the characteristics discussed in this release. Before investing in any Fannie Mae issued security, you should read the prospectus and prospectus supplement pursuant to which such security is offered. You should also read our most current Annual Report on Form 10-K and our reports on Form 10-Q and Form 8-K filed with the U.S. Securities and Exchange Commission ("SEC") available on the Investor Relations page of our Web site at www.fanniemae.com and on the SEC's Web site at www.sec.gov.
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SOURCE Fannie Mae | https://www.kxii.com/prnewswire/2022/07/06/fannie-mae-priced-381-million-multifamily-social-dus-remic-fna-2022-m1s-under-its-gems-program/ | 2022-07-06T16:32:33Z |
One-fifth of reptiles worldwide face risk of extinction
WASHINGTON (AP) — Even the king cobra is “vulnerable.” More than 1 in 5 species of reptiles worldwide are threatened with extinction, according to a comprehensive new assessment of thousands of species published Wednesday in the journal Nature.
Of 10,196 reptile species analyzed, 21% percent were classified as endangered, critically endangered or vulnerable to extinction — including the iconic hooded snakes of South and Southeast Asia.
“This work is a very significant achievement — it adds to our knowledge of where threatened species are, and where we must work to protect them,” said Duke University ecologist Stuart Pimm, who was not involved in the study.
Similar prior assessments had been conducted for mammals, birds and amphibians, informing government decisions about how to draw boundaries of national parks and allocate environmental funds.
Work on the reptile study – which involved nearly 1,000 scientists and 52 co-authors – started in 2005. The project was slowed by challenges in fundraising, said co-author Bruce Young, a zoologist at the nonprofit science organization NatureServe.
“There’s a lot more focus on furrier, feathery species of vertebrates for conservation,” Young said, lamenting the perceived charisma gap. But reptiles are also fascinating and essential to ecosystems, he said.
The Galapagos marine iguana, the world’s only lizard adapted to marine life, is classified as “vulnerable” to extinction, said co-author Blair Hedges, a biologist at Temple University. It took 5 million years for the lizard to adapt to foraging in the sea, he said, lamenting “how much evolutionary history can be lost if this single species” goes extinct.
Six of the world’s species of sea turtles are threatened. The seventh is likely also in trouble, but scientists lack data to make a classification.
Worldwide, the greatest threat to reptile life is habitat destruction. Hunting, invasive species and climate change also pose threats, said co-author Neil Cox, a manager at the International Union for the Conservation of Nature’s biodiversity assessment unit.
Reptiles that live in forest areas, such as the king cobra, are more likely to be threatened with extinction than desert-dwellers, in part because forests face greater human disruptions, the study found.
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Follow Christina Larson on Twitter: @larsonchristina
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The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/04/27/one-fifth-reptiles-worldwide-face-risk-extinction/ | 2022-04-29T10:24:46Z |
Rappers Young Thug, Gunna remain jailed in racketeering case
ATLANTA (AP) — Rappers Young Thug and Gunna remain jailed on racketeering charges in Atlanta following a court hearing in the wide-ranging gang case.
A judge denied bond Monday for Gunna, whose given name is Sergio Kitchens, after the rapper pleaded not guilty at his arraignment.
Fulton County prosecutors asked that he remain jailed, telling the judge some state witnesses have been threatened.
A bond hearing for Young Thug, whose given name is Jeffery Williams, has been postponed until next month. Both rappers were charged in a sweeping indictment along with 26 others for violating Georgia’s anti-racketeering law as members of a violent street gang that prosecutors say committed multiple murders, shootings and carjackings.
Attorneys for the two men deny the accusations.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/23/rappers-young-thug-gunna-remain-jailed-racketeering-case/ | 2022-05-23T21:53:54Z |
- Revenues of $69.3 million, increased 12% sequentially, and decreased 25% year-over-year
- Enterprise Wi-Fi revenues of $24.0 million, increased 55% sequentially and 31% year-over-year
- Gross margin of 48.3%, non-GAAP(1) gross margin of 48.9%
- Operating income of $2.7 million, non-GAAP(1) operating income of $6.3 million
- Net income of $2.3 million or $0.08 per diluted share, non-GAAP(1) net income of $5.0 million or $0.18 per diluted share
- Adjusted EBITDA(1) of $7.8 million or 11.3% of revenues
ROLLING MEADOWS, Ill., Aug. 4, 2022 /PRNewswire/ -- Cambium Networks Corporation ("Cambium Networks") (NASDAQ: CMBM), a leading provider of wireless networking infrastructure solutions, today announced financial results for the second quarter 2022 ended June 30, 2022.
"We are pleased to deliver a significant improvement in our second quarter financial results," said Atul Bhatnagar, president and CEO. "Our supply chain began recovering as we experienced an easing of Chinese government COVID lockdowns allowing for improved production and distribution of our products from Asia."
Bhatnagar continued, "Cambium's gigabit wireless fabric allows network operators to dramatically improve broadband performance and quality of service. Our Wi-Fi 6/6E solutions are in the first phase of expansion followed by the next leg of growth comprised of millimeter wave technologies, continued by the opening of 6 GHz spectrum to drive the next generation multi-gigabit fixed wireless broadband infrastructure solutions. We are also forecasting a healthy increase in global defense spending, as national security has become a paramount issue for many nations."
Revenues of $69.3 million for the second quarter 2022 decreased $23.4 million year-over-year primarily as a result of lower Point-to-Multi-Point revenues primarily due lower demand from service providers and global supply and distribution constraints, offsetting strong demand for enterprise Wi-Fi products and higher Point-to-Point revenues. Revenues for the second quarter 2022 increased by $7.4 million compared to $61.9 million for the first quarter 2022, primarily due to higher enterprise Wi-Fi and Point-to-Point revenues, offset by lower Point-to-Multi-Point revenues.
GAAP gross margin for the second quarter 2022 was 48.3%, compared to 49.7% for the second quarter 2021, and 47.1% for the first quarter 2022. GAAP operating income for the second quarter 2022 was $2.7 million, compared to operating income of $14.3 million for the second quarter 2021, and operating loss of $2.2 million for the first quarter 2022. GAAP net income for the second quarter 2022 was $2.3 million, or net income of $0.08 per diluted share, compared to net income of $11.5 million, or net earnings of $0.40 per diluted share for the second quarter 2021, and net loss of $1.6 million, or net loss of $0.06 per diluted share for the first quarter 2022.
Non-GAAP gross margin for the second quarter 2022 was 48.9%, compared to 50.0% for the second quarter 2021, and 47.8% for the first quarter 2022. Non-GAAP operating income for the second quarter 2022 was $6.3 million, compared to $17.5 million for the second quarter 2021, and $1.0 million for the first quarter 2022. Non-GAAP net income for the second quarter 2022 was $5.0 million, or $0.18 per diluted share, compared to $12.9 million, or $0.45 per diluted share for the second quarter 2021, and $0.3 million, or $0.01 per diluted share, for the first quarter 2022. For the second quarter 2022, adjusted EBITDA was $7.8 million or 11.3% of revenues, compared to adjusted EBITDA of $18.4 million or 19.9% of revenues for the second quarter 2021, and $1.9 million or 3.1% of revenues for the first quarter 2022.
Cash provided by operating activities was $10.0 million for the second quarter 2022, compared to $20.1 million cash provided by operating activities for the second quarter 2021, and $19.2 million cash used in operating activities for the first quarter 2022. Cash totaled $45.9 million as of June 30, 2022, $5.5 million lower than June 30, 2021, due primarily to higher inventories, offset by earnings during the past year. The increase in cash balance of $7.5 million from March 31, 2022, was primarily the result of higher earnings, and improved working capital management.
Second Quarter 2022 Highlights
- Revenues of $69.3 million, increased 12% sequentially, and was lower by 25% year-over-year.
- Received a multi-million agreement for 28 GHz millimeter wave solutions for cnWave™ Fixed 5G technology.
- GAAP net income of $2.3 million or $0.08 per diluted share, non-GAAP net income of $5.0 million or $0.18 per diluted share.
- Adjusted EBITDA of $7.8 million or 11.3% of revenues, compared to $18.4 million or 19.9% of revenues for the second quarter 2021.
- Net cash provided by operating activities of $10.0 million, compared to $20.1 million provided by operating activities for the second quarter 2021.
- Increased new channel partners by approximately 1,600 year-over-year, an increase of 15%.
- Devices under cnMaestro® Cloud management increased 36% year-over-year.
Third Quarter 2022 Financial Outlook
Taking into account our current visibility, the financial outlook as of August 4, 2022, for the third quarter ending September 30, 2022, is expected to be as follows:
- Revenues between $72.0-$76.0 million
- GAAP gross margin between 47.9%-48.9%; and non-GAAP gross margin between 48.5%-49.5%
- GAAP operating expenses between $32.0-$33.0 million; and non-GAAP operating expenses between $28.9-$29.9 million
- GAAP operating income between $2.5-$4.2 million; and non-GAAP operating income between $6.1-$7.8 million
- Interest expense, net of approximately $0.5 million
- GAAP net income between $1.6-$2.9 million or between $0.06 and $0.10 per diluted share; and non-GAAP net income between $4.5-$5.8 million or between $0.16 and $0.20 per diluted share
- Adjusted EBITDA between $7.0-$8.7 million; and adjusted EBITDA margin between 9.8%-11.5%
- GAAP and non-GAAP effective tax rate of approximately 18.0%-20.0%
- Approximately 28.2 million weighted average diluted shares outstanding
Cash requirements are expected to be as follows:
- Paydown of debt: $0.7 million
- Cash flow interest expense: approximately $0.5 million
- Capital expenditures: $2.4-$2.6 million
Full Year 2022 Financial Outlook
- Revenues between $280.0-$300.0 million
- GAAP net income between $3.2-$14.1 million or between $0.11 and $0.50 per diluted share; and non-GAAP net income between $13.1-$25.1 million or between $0.46 and $0.89 per diluted share
- Adjusted EBITDA margin between 7.8%-12.5%
Cambium Networks financial outlook does not include the potential impact of any possible future financial transactions, acquisitions, pending legal matters, or other transactions. Accordingly, Cambium Networks only includes such items in the company's financial outlook to the extent they are reasonably foreseeable; however, actual results may differ materially from the outlook.
Conference Call and Webcast
Cambium Networks will host a live webcast and conference call to discuss its financial results at 4:30 p.m. ET today, August 4, 2022. To access the live conference call by phone, listeners should dial +1(833) 634-2275 in the U.S. or Canada and +1(412) 902-4143 for international callers, referencing the Cambium Networks conference call. To join the live webcast and view additional materials, listeners should access the investor page of Cambium Networks website at https://investors.cambiumnetworks.com/. Following the live webcast, a replay will be available on the investor page of Cambium Networks website for a period of one year. A replay of the conference call will be available for 48 hours soon after the call by phone by dialing +1(877) 344-7529 in the U.S. or Canada and +1(412) 317-0088 for international callers, using the conference ID number 3054204.
In addition, Cambium Networks President and CEO, Atul Bhatnagar, and Andrew Bronstein, CFO, will present and hold one-on-one meetings with investors including Wednesday August 10, 2022, at Oppenheimer Technology, Internet & Communications Conference held virtually; on Wednesday August 31, 2022, at the Jefferies 2022 Semiconductor, IT Hardware and Communications Infrastructure Summit in Chicago, Ill.; on Thursday September 1, 2022, Cambium will host a tour at our Rolling Meadows, Ill. headquarters with Barrington Research; and on Wednesday September 14, and Thursday September 15, 2022, Cambium will hold one-on-one meetings and present at the Goldman Sachs Communacopa + Technology Conference in San Francisco, Calif. To join the live webcasts for the Oppenheimer and Goldman Sachs conferences, listeners should access the investor page of Cambium Networks website https://investors.cambiumnetworks.com/. Following the live webcasts, a replay will be available in the event archives at the same web address.
About Cambium Networks
Cambium Networks delivers wireless communications that work for businesses, communities, and cities worldwide. Millions of our radios are deployed to connect people, places and things with a unified wireless fabric that spans multiple standards and frequencies of fixed wireless and Wi-Fi, all managed centrally via the cloud. Our multi-gigabit wireless fabric offers a compelling value proposition over traditional fiber and alternative wireless solutions. We work with our Cambium certified ConnectedPartners to deliver purpose-built networks for service provider, enterprise, industrial, and government connectivity solutions in urban, suburban, and rural environments, with wireless that just works.
Cautionary Note Regarding Forward-Looking Statements
This release contains certain forward-looking statements within the meaning of the federal securities laws, including statements concerning our expected next quarter revenues, net income and cash. All statements other than statements of historical fact contained in this document, including statements regarding our future results of operations and financial position, business strategy and plans and objectives of management for future operations, are forward-looking statements. These statements involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.
In some cases, you can identify forward-looking statements by terms such as "may," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential" or "continue" or the negative of these terms or other similar expressions. The forward-looking statements in this document are only predictions. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends that we believe may affect our business, financial condition and results of operations. These forward-looking statements speak only as of the date of this document and are subject to a number of risks, uncertainties and assumptions including those described in the "Risk factors" section of our 2021 Annual Report on Form 10-K filed with the Securities and Exchange Commission on February 24, 2022, and most recent Quarterly Report on Form 10-Q filed on May 6, 2022. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified, you should not rely on these forward-looking statements as predictions of future events. The events and circumstances reflected in our forward-looking statements may not be achieved or occur and actual results could differ materially from those projected in the forward-looking statements. Some of the key factors that could cause actual results to differ from our expectations include: the unpredictability of our operating results; the impact of the global shortage of certain components including semiconductor chipsets; the constraint in global shipping and logistics; risks presented by the global COVID-19 pandemic, including new or continued government shutdowns such as the recent shutdowns in China that caused some of our manufacturing operations as well as our third-party logistics and warehousing provider to shutdown, which has and could continue to significantly disrupt our manufacturing, supply chain, sales and other operations and negatively impact our financial results; our inability to predict and respond to emerging technological trends and network operators' changing needs; the impact of the tensions between Russia and Ukraine, which have resulted in our cessation of sales to Russia, Belarus and select regions of Ukraine, and may continue to disrupt our sales and product design activities in these regions; our reliance on third-party manufacturers, which subjects us to risks of product delivery delays and reduced control over product costs and quality; our reliance on distributors and value-added resellers for the substantial majority of our sales; the inability of our third-party logistics and warehousing providers to deliver products to our channel partners and network operators in a timely manner; the quality of our support and services offerings; our or our distributors' and channel partners' inability to attract new network operators or sell additional products to network operators that currently use our products; the technological complexity of our products, which may contain undetected hardware defects or software bugs; our channel partners' inability to effectively manage inventory of our products, timely resell our products or estimate expected future demand; our inability to manage our growth and expand our operations; unpredictability of sales and revenues due to lengthy sales cycles; our inability to maintain an effective system of internal controls, produce timely and accurate financial statements or comply with applicable regulations; our reliance on the availability of third-party licenses; risks associated with international sales and operations; current or future unfavorable economic conditions, both domestically and in foreign markets and political tensions among the U.S. and China; and our inability to obtain intellectual property protections for our products.
Except as required by applicable law, we do not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events or otherwise.
Use of non-GAAP (Adjusted) Financial Measures
In addition to providing financial measurements based on generally accepted accounting principles in the United States (GAAP), we provide additional financial metrics that are not prepared in accordance with GAAP (non-GAAP), including Adjusted EBITDA, non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income and non-GAAP operating margin, non-GAAP pre-tax income, non-GAAP provision for income taxes, non-GAAP net income, and non-GAAP fully weighted basic and diluted shares. Management uses these non-GAAP financial measures, in addition to GAAP financial measures, to understand and compare operating results across accounting periods, for financial and operational decision making, for planning and forecasting purposes, to measure executive compensation and to evaluate our financial performance. We believe that these non-GAAP financial measures help us to identify underlying trends in our business that could otherwise be masked by the effect of the expenses that we exclude in the calculations of the non-GAAP financial measures.
We believe that these financial measures reflect our ongoing business in a manner that allows for meaningful comparisons and analysis of trends in the business and provides useful information to investors and others in understanding and evaluating our operating results, enhancing the overall understanding of our past performance and future prospects. Although the calculation of non-GAAP financial measures may vary from company to company, our detailed presentation may facilitate analysis and comparison of our operating results by management and investors with other peer companies, many of which use similar non-GAAP financial measures to supplement their GAAP results in their public disclosures. These non-GAAP financial measures are discussed below.
Adjusted EBITDA is defined as net income as reported in our consolidated statements of income excluding the impact of (i) interest expense (income), net; (ii) income tax provision (benefit); (iii) depreciation and amortization expense; (iv) nonrecurring legal expenses, (v) share-based compensation expense, (vi) secondary offering expenses, (vii) one-time acquisition costs, and (viii) restructuring expenses. EBITDA is widely used by securities analysts, investors and other interested parties to evaluate the profitability of companies. EBITDA eliminates potential differences in performance caused by variations in capital structures (affecting net finance costs), tax positions (such as the availability of net operating losses against which to relieve taxable profits), the cost and age of tangible assets (affecting relative depreciation expense) and the extent to which intangible assets are identifiable (affecting relative amortization expense). We adjust EBITDA to also exclude nonrecurring legal expenses since this is one-time in nature and does not reflect our ongoing operations. We adjust EBITDA for share-based compensation expense which is a non-cash expense that varies in amount from period to period and is dependent on market forces that are often beyond Cambium Networks control. As a result, management excludes this item from Cambium Networks internal operating forecasts and models. We also adjust EBITDA to exclude one-time acquisition costs and restructuring expenses and secondary offering expenses as these relate to events outside of the ordinary course of continuing operations and to provide a more accurate comparison of our ongoing business results.
Non-GAAP gross margin, non-GAAP operating expenses, non-GAAP operating income and non-GAAP operating margin, non-GAAP effective tax rate and non-GAAP net income are used as a supplement to our unaudited condensed consolidated financial statements presented in accordance with GAAP. We believe these non-GAAP measures are the most meaningful for period-to-period comparisons because they exclude the impact of share-based compensation expense, restructuring expenses and secondary offering expenses, nonrecurring legal expenses, write-down of debt issuance costs upon prepayment of debt, amortization of acquired intangibles, and amortization of capitalized software costs as we do not consider these costs and expenses to be indicative of our ongoing operations.
Share-based compensation expense and associated employment taxes paid are excluded. Management may issue different types of awards, including share options, restricted share awards and restricted share units, as well as awards with performance or other market characteristics, and excludes the associated expense in this non-GAAP measure. Share-based compensation expense is a non-cash expense that varies in amount from period to period and is dependent on market forces that are often beyond Cambium Networks control while the associated employment taxes are cash-based expenses that vary in amount from period-to-period and are dependent on market forces as well as jurisdictional tax regulations that are often beyond Cambium Networks control.
Secondary offering expenses were incurred by Cambium Networks associated with the registration and sale in June 2021 of 2,000,000 ordinary shares held by Vector Capital and during December 2020 of 2,500,000 ordinary shares held by Vector Capital. Cambium Networks did not raise any additional capital in the offering and the expenses are excluded as not part of continuing operations.
Amortization of acquired intangibles includes customer relationships, unpatented technology, patents, software, and trademarks, and are excluded since these are not indicative of continuing operations.
Amortization of capitalized software costs include capitalized research and development activities amortized over their useful life and included in cost of revenues and are excluded since these are not indicative of continuing operations.
Restructuring expenses consist primarily of severance costs for employees which are not related to future operating expenses. Cambium Networks excludes these expenses since they result from an event that is outside the ordinary course of continuing operations. Excluding these charges permits more accurate comparisons of Cambium Networks ongoing business results.
Our non-GAAP tax adjustments include the tax impacts from share-based compensation expense including excess or decremental tax benefits available to the company that are recorded when incurred and impacts from the company's income tax valuation allowance initially recognized in the quarter ended June 30, 2019, and as reversed in the quarter ended March 31, 2021. Cambium Networks excludes these amounts to more closely approximate the company's ongoing effective tax rate after adjusting for one-time or unique reoccurring items. The associated non-GAAP effective tax rate is also applied to the gross amount of non-GAAP adjustments for purposes of calculating non-GAAP net income in total and on a per-share basis. This approach is designed to enhance the ability of investors to understand the company's tax expense on its current operations, provide improved modeling accuracy, and substantially reduce fluctuations caused by GAAP adjustments which may not reflect actual cash tax expense.
Non-GAAP fully weighted basic and diluted shares are shown as outstanding during the entire period presented and include dilutive shares if their effect to earnings per share is dilutive. We also use non-GAAP fully weighted basic and diluted shares to provide more comparable per-share results across periods.
These non-GAAP financial measures do not replace the presentation of our GAAP financial results and should only be used as a supplement to, not as a substitute for, our financial results presented in accordance with GAAP. There are limitations in the use of non-GAAP measures because they do not include all the expenses that must be included under GAAP and because they involve the exercise of judgment concerning exclusions of items from the comparable non-GAAP financial measure. In addition, other companies may use other measures to evaluate their performance, or may calculate non-GAAP measures differently, all of which could reduce the usefulness of our non-GAAP financial measures as tools for comparison. We present a "Reconciliation of GAAP Financial Measures to Non-GAAP Financial Measures" in the tables below.
The following table reconciles net (loss) income to Adjusted EBITDA, the most directly comparable financial measure, calculated and presented in accordance with GAAP (in thousands):
The following table reconciles all other GAAP to non-GAAP financial measures (in thousands):
Investor Inquiries:
Peter Schuman, IRC
Vice President Investor & Industry Analyst Relations
Cambium Networks
+1 (847) 264-2188
peter.schuman@cambiumnetworks.com
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SOURCE Cambium Networks | https://www.mysuncoast.com/prnewswire/2022/08/04/cambium-networks-reports-second-quarter-2022-financial-results/ | 2022-08-04T21:08:24Z |
HANGZHOU, China, May 31, 2022 /PRNewswire/ -- Yunji Inc. ("Yunji" or the "Company") (NASDAQ: YJ), a leading membership-based social e-commerce platform, today announced its unaudited financial results for the first quarter ended March 31, 2022[1].
First Quarter 2022 Highlights
- Total revenues in the first quarter of 2022 were RMB342.6 million (US$54.0 million), compared with RMB675.4 million in the same period of 2021, primarily due to the negative impact of the outbreaks of the highly-transmissible Delta and Omicron variants of COVID-19 in early 2022 on the Company's operations and the Company's continued strategy to refine its product selection across all categories and optimize its selection of suppliers and merchants, causing near-term decreases in sales. The COVID-19 outbreaks in early 2022 have caused varying degrees of temporary shutdowns and delays in production and operation of the Company's suppliers (especially private label suppliers), third-party merchants, third-party logistics service providers and other business partners, leading to temporary shortages of certain merchandise and delays in logistics services as well as delays in the research and development and new product launch processes associated with the Company's private label suppliers. This has negatively affected and may continue to negatively affect the Company's revenues and operations in 2022, depending on the future development of the COVID-19 pandemic.
- Repeat purchase rate[2] in the twelve months ended March 31, 2022 was 80.2%.
Mr. Shanglue Xiao, Chairman and Chief Executive Officer of Yunji, said, "We recently celebrated the seven-year anniversary of our incorporation and are excited to start a new chapter of our business with an upgraded product curation strategy. Our new strategy will further augment the development and promotion of high-quality products and our own private label brands. We believe in our strong growth potential as we execute on our upgraded strategy through the current transitory macro headwinds."
"Despite the turbulent macro environment, we maintained a steady and healthy performance and achieved operating profitability for the fourth consecutive quarter. During the first quarter of 2022, we recorded operating income of RMB2.4 million (US$0.4 million), compared to operating loss of RMB19.8 million in the same period last year. Our product curation and supply chain differentiation strategies enable us to more tightly control our business operations and further optimize our cost structure. We remain confident in our ability to navigate the current challenges through our agile and flexible operations." said Mr. Peng Zhang, Yunji's Vice President of Finance.
First Quarter 2022 Unaudited Financial Results
Total revenues were RMB342.6 million (US$54.0 million), compared with RMB675.4 million in the same period of 2021. This decrease was primarily due to the negative impact of the outbreaks of the highly-transmissible Delta and Omicron variants of COVID-19 in early 2022 on the Company's operations and the Company's continued strategy to refine its product selection across all categories and optimize its selection of suppliers and merchants, causing near-term decreases in sales. The COVID-19 outbreaks in early 2022 have caused varying degrees of temporary shutdowns and delays in production and operation of the Company's suppliers (especially private label suppliers), third-party merchants, third-party logistics service providers and other business partners, leading to temporary shortages of certain merchandise and delays in logistics services as well as delays in the research and development and new product launch processes associated with the Company's private label suppliers. This has negatively affected and may continue to negatively affect the Company's revenues and operations in 2022, depending on the future development of the COVID-19 pandemic.
- Revenues from sales of merchandise, net decreased by 49.2% to RMB290.5 million (US$45.8 million) from RMB571.9 million in the same period of 2021.
- Revenues from the marketplace business were RMB47.4 million (US$7.5 million), compared with RMB95.4 million in the same period of 2021.
- Other revenues decreased by 42.2% to RMB4.7 million (US$0.7 million) from RMB8.1 million in the same period of 2021.
Total cost of revenues decreased by 56.5% to RMB191.3 million (US$30.2 million), or 55.8% of total revenues, from RMB439.4 million, or 65.1% of total revenues, in the same period of 2021. The decrease was mainly attributable to the decline in merchandise sales, which recognize revenues on a gross basis. Total cost of revenues was mainly comprised of those costs related to the sales of merchandise revenue in the first quarter of 2022.
Total operating expenses decreased by 43.2% to RMB154.9 million (US$24.4 million) from RMB272.7 million in the same period of 2021.
- Fulfillment expenses decreased by 24.6% to RMB48.9 million (US$7.7 million), or 14.3% of total revenues, from RMB64.8 million, or 9.6% of total revenues, in the same period of 2021. The decrease was primarily due to: (i) reduced personnel costs due to staffing structure refinements, and (ii) decreased service fees charged by third-party payment settlement platforms.
- Sales and marketing expenses decreased by 47.4% to RMB50.7 million (US$8.0 million), or 14.8% of total revenues, from RMB96.3 million, or 14.3% of total revenues, in the same period of 2021. The decrease was mainly due to the decrease in member management fees.
- Technology and content expenses decreased by 35.6% to RMB24.1 million (US$3.8 million), or 7.0% of total revenues, from RMB37.5 million, or 5.6% of total revenues, in the same period of 2020. The decrease was mainly due to the reduction in personnel costs as a result of staffing structure refinements and reduced server costs.
- General and administrative expenses decreased by 57.8% to RMB31.2 million (US$4.9 million), or 9.1% of total revenues, from RMB74.1 million, or 11.0% of total revenues, in the same period of 2021, primarily due to a decrease in share-based compensation expenses and reduced personnel costs as a result of staffing structure refinements.
Income from operations was RMB2.4 million (US$0.4 million), compared with loss from operations of RMB19.8 million in the same period of 2021.
Financial loss, net was RMB35.3 million (US$5.6 million), compared with financial income, net of RMB20.5 million in the same period of 2021, primarily due to the decreased fair value of equity securities with readily determinable fair value.
Net loss was RMB36.9 million (US$5.8 million), compared with RMB4.0 million in the same period of 2021.
Adjusted net loss (non-GAAP)[3] was RMB30.6 million (US$4.8 million), compared with adjusted net income of RMB17.1 million in the same period of 2021.
Basic and diluted net loss per share attributable to ordinary shareholders were both RMB0.02, compared with nil in the same period of 2021.
Use of Non-GAAP Financial Measures
In evaluating the business, the Company considers and uses adjusted net income/(loss) as a supplemental measure to review and assess operating performance. The presentation of this non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with U.S. GAAP. The Company defines adjusted net income/(loss) as net income/(loss) excluding share-based compensation.
The Company presents adjusted net income/(loss) because it is used by management to evaluate operating performance and formulate business plans. Adjusted net income/(loss) enables management to assess operating performance without considering the impact of share-based compensation recorded under ASC 718, "Compensation-Stock Compensation." The Company also believes that the use of this non-GAAP measure facilitates investors' assessment of operating performance.
This non-GAAP financial measure is not defined under U.S. GAAP and is not presented in accordance with U.S. GAAP. The non-GAAP financial measure has limitations as an analytical tool. One of the key limitations of using adjusted net income/(loss) is that it does not reflect all items of income and expense that affect the Company's operations. Share-based compensation has been and may continue to be incurred in Yunji's business and is not reflected in the presentation of adjusted net income/(loss). Further, this non-GAAP measure may differ from the non-GAAP information used by other companies, including peer companies, and therefore its comparability may be limited.
The Company compensates for these limitations by reconciling the non-GAAP financial measure to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating performance. Yunji encourages investors and others to review its financial information in its entirety and not rely on a single financial measure.
For more information on the non-GAAP financial measures, please see the table captioned "Reconciliation of Non-GAAP Measures to the Most Directly Comparable Financial Measures" set forth at the end of this press release.
Conference Call
The Company will host a conference call on Tuesday, May 31, 2022, at 7:00 A.M. Eastern Time or 7:00 P.M. Beijing/Hong Kong Time to discuss its earnings. Listeners may access the call by dialing the following numbers:
The replay will be accessible through June 7, 2022 by dialing the following numbers:
Safe Harbor Statements
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "confident," "potential," "continue" or other similar expressions. Among other things, the quotations from management in this announcement, as well as Yunji's strategic and operational plans, contain forward-looking statements. Yunji may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Yunji's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Yunji's growth strategies; its future business development, results of operations and financial condition; its ability to understand buyer needs and provide products and services to attract and retain buyers; its ability to maintain and enhance the recognition and reputation of its brand; its ability to rely on merchants and third-party logistics service providers to provide delivery services to buyers; its ability to maintain and improve quality control policies and measures; its ability to establish and maintain relationships with merchants; trends and competition in China's e-commerce market; changes in its revenues and certain cost or expense items; the expected growth of China's e-commerce market; PRC governmental policies and regulations relating to Yunji's industry, and general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Yunji's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Yunji undertakes no obligation to update any forward-looking statement, except as required under applicable law.
About Yunji Inc.
Yunji Inc. is a leading social e-commerce platform in China that has pioneered a unique, membership-based model to leverage the power of social interactions. The Company's e-commerce platform offers high-quality products at attractive prices across a wide variety of categories catering to the day-to-day needs of Chinese consumers. In addition, the Company uses advanced technologies including big data and artificial intelligence to optimize user experience and incentivize members to promote the platform as well as share products with their social contacts. Through deliberate product curation, centralized merchandise sourcing, and efficient supply chain management, Yunji has established itself as a trustworthy e-commerce platform with high-quality products and exclusive membership benefits, including discounted prices.
For more information, please visit https://investor.yunjiglobal.com/
Investor Relations Contact
Yunji Inc.
Investor Relations
Email: Yunji.IR@icrinc.com
Phone: +1 (646) 224-6957
ICR, LLC
Robin Yang
Email: Yunji.IR@icrinc.com
Phone: +1 (646) 224-6957
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SOURCE Yunji Inc. | https://www.mysuncoast.com/prnewswire/2022/05/31/yunji-announces-first-quarter-2022-unaudited-financial-results/ | 2022-05-31T10:32:45Z |
DUBAI, UAE, June 30, 2022 /PRNewswire/ -- XT.com, a fast-growing crypto exchange based in Dubai, is delighted to welcome the Cryptostone (CPS) token to its comprehensive trading platform. Furthermore, CPS will be listed with CPS/USDT and CPS/BTC trading pairs under the Main Zone (Web 3.0).
CPS holders can start depositing their tokens on XT.com on June 29, 2022, at 11:00 (UTC). Meanwhile, trading will open on June 30, 2022, at 11:00 (UTC) and withdrawal will then be available on July 3, 2022, at 11:00 (UTC).
Built on the Binance Smart Chain network, CPS is the fundamental currency of the Cryptostone ecosystem. The token will be used as the medium of exchange between users in a decentralized manner. That being said, CPS aims to provide a highly secure and convenient means of settlement for users within and outside the ecosystem.
To explain briefly, Cryptostone is a disruptive, fully anonymous, and KYC-free blockchain financial ecosystem. It offers a variety of services such as a Cryptocurrency Payment Gateway, a Centralized Cryptocurrency Exchange, an ICO Launchpad, a Public Blockchain Network, a Decentralized Cryptocurrency Exchange, a Decentralized Worldwide Stock Market, and more.
Following this new listing, Mo Mukarram, the Head of Marketing at XT.com, stated, "We are delighted to announce the listing of Cryptostone (CPS) token on XT.com. More and more tokens are in the pipeline to be listed on our platform. Our data driven methodology amplifies the science behind trading on XT.com. We urge everyone to take full advantage of this listing and start trading CPS token with XT."
Overall, the XT.com team continues to remind enthusiasts to avoid missing out on this new chance to build their trading portfolio. With a new token on the exchange, the opportunities to grow are endless.
About Cryptostone (CPS)
CPS is a BEP-20 token that serves as the native cryptocurrency of the Cryptostone ecosystem. Aside from acting as the main method of exchange, it also offers economic incentives to users who contribute and participate in the ecosystem on the CPS platform.
About XT.com
Established in 2018, XT.com is the world's first social infused digital assets trading platform, headquartered in Dubai. It has multiple operation centers across the globe including Singapore and Seoul. With 3+ million registered users, over 300,000+ monthly active users, and 30+ million users in the ecosystem, XT.com strives to cater to its large user base by providing a safe and easy trading experience. The platform currently supports 500+ high-quality currencies and 800+ trading pairs which are accessible to the entire global crypto market.
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SOURCE XT.com | https://www.wibw.com/prnewswire/2022/06/30/cryptostone-cps-holders-can-start-trading-xtcom-soon/ | 2022-06-30T12:31:25Z |
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