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Healthycell and Panaceutics partner to launch personalized and adaptive human nutritional supplements using patent-pending pill-free gel formulation technology to enable infinitely variable customization.
CHARLESTON, S.C., July 21, 2022 /PRNewswire/ -- Healthycell (www.healthycell.com) today announced that it has partnered with Research Triangle Park-based Panaceutics Nutrition (www.panaceutics.com) to enable on-demand creation of personalized nutrition gel formulas at scale. These formulas will be created in response to customers' individual biomarker readings and, eventually, predictive analytics.
With five products currently on-market, Healthycell is leading innovation in nutritional gels to replace pills in the $58 billion U.S. dietary supplement industry. Its ingestible gel dietary supplement products are taken straight from the gel pack, mixed into drinks, or blended into smoothies. Healthycell's new line of personalized gels creates the first outcome-based service where customers pay a monthly fee for testing and personalized gel formulations that are adapted over time to keep their nutrient levels optimized.
Historically, supplement personalization has been based on qualitative data from customer surveys, genomic analysis or static biomarker analysis, which fail to capture physiological outcomes, time variability and externalities such as diet. Healthycell's unique offering replaces the assortment of pills consumed by the typical supplement user, with a single, easy-to-use gel pack with nutrient contents that can be varied over time to achieve and maintain an optimal outcome.
"The future of human nutrition lies at the intersection of three core pillars: superior delivery, nutritional status monitoring and personalization," commented Healthycell CEO, Douglas Giampapa. "First, pill-free, ultra-absorption delivery systems. Second, validation via testing of biomarkers to determine actual rather than hypothetical levels of nutritional status. Third, personalization informed by real-time health data, which enable individualized formulations that match each customer's nutritional needs. We're delighted to collaborate with Panaceutics as a critical partner enabling us to offer this solution. We're enabling a mass market capability in response to the widespread demand for individually tailored consumer products and services, which have only been available as a niche offering."
Adam Monroe, CEO of Panaceutics, added: "We're very pleased to be working with Healthycell, the leading market player in gel-based dietary supplements, so this partnership is a natural fit. Our disruptive technology uses proprietary robotics, in combination with digital health platforms to rapidly manufacture personalized products at scale to serve individuals' needs and health conditions."
Panaceutic's robotic manufacturing technology makes use of 12 patents and is the only system currently capable of delivering customized, pill-free, all-in-one nutrition pouches to customers. A 30-day supply is built in a few minutes and delivered without refrigeration, directly to the consumer.
Healthycell is an advanced nutrition company helping people reach their potential through optimized health. It uses clinically proven, patent-pending ingestible gel technology called MICROGEL™ to deliver nutrients people can absorb and results they can measure in a pill-free experience they love. Their great-tasting dietary supplement gels are taken straight from the gel pack, mixed into drinks, or blended into smoothies. The company's products and services are built at the intersection of three core pillars driving the future of human nutrition: (1) pill-free, ultra-absorption delivery systems, (2) validation via testing of biomarkers, and (3) Personalization. To learn more, visit healthycell.com.
Founded in 2018, Panaceutics applies patented technology to produce customized nutritional products that can be personalized based on dietary assessments, genetic, microbiome and blood-based diagnostics, preferences, or beliefs, then delivered directly to end consumers. Panaceutics' automated robotic blending and manufacturing technology supports economical customization of nutrition products. To learn more, visit www.panaceutics.com.
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SOURCE Healthycell | https://www.mysuncoast.com/prnewswire/2022/07/21/next-generation-personalized-adaptive-supplements-launched-by-healthycell-partnership-with-panaceutics/ | 2022-07-21T14:18:29Z |
Wednesday’s Child - Josiah and Skyla
Published: Apr. 27, 2022 at 10:35 PM CDT|Updated: 52 minutes ago
TOPEKA, Kan. (WIBW) - How about doubling the fun in your home with our Wednesday’s Children?
This week, Lori Hutchinson catches up with a brother, sister duo who want their small family to join a larger, adoptive one. Skyla and Josiah are a couple of energetic kids that hope to receive a lot of attention, support, and structure.
If you can give a child a family of their own, call Adopt Kansas Kids at 877-457-5430 or go to adoptkskids.org. They also feature kids on the Adopt Kansas Kids Facebook page.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/28/wednesdays-child-josiah-skyla/ | 2022-04-28T04:27:39Z |
The book features insights from top insurance sales leaders in the US, highlighting their industry outlook, sales priorities and market opportunities
SAN FRANCISCO, June 29, 2022 /PRNewswire/ -- Vymo, the sales engagement platform of choice for financial service institutions, has released, 'Kaleidoscope', a book that captures key sales insights from insurance leaders across the US.
Featuring conversations between Vymo's Co-founder & CEO, Yamini Bhat, and top insurance industry leaders, the book outlines focus areas and strategies that address the digital skill gap within frontline sales teams and illustrates how to deliver unmatched customer experiences.
The book captures the thoughts of seven top digital transformation leaders who share their digital strategies and crystallized learnings. Readers will be able to gain a deep understanding of how technology is shaping the sales workforce while discovering new strategies and tactics gleaned from customer data that traditional CRMs fail to offer.
"We're humbled to gain perspectives from industry leaders whose foresight has helped not only their organizations but the industry as a whole in building a digital-ready workforce," said Bhat. "This is a playbook for driving frontline sales transformation, backed with real lessons from 300K salespeople using Vymo today. I am grateful to each leader who took the time to share their unique perspective, thoughts, and ideas and I am excited to continue to make inroads into the North American market with a purpose-built, single-view sales engagement platform that enables insights-driven customer conversations and touchpoints."
The PDF version of the book is free-of-charge and available for download on the Vymo website starting today. A commemorative, hard copy of the book will be launched soon. To get your copy, head to getvymo.com/kaleidoscope.
About Vymo
Vymo is the Sales Engagement Platform of choice for 65+ global financial institutions, including Berkshire Hathaway, BNP Paribas, AXA, Generali, Sunlife, and AIA. Vymo helps improve sales outcomes through bottom-up insights and interventions. Vymo is recognized by Gartner® as a Representative Vendor in the Sales Engagement Market Guide and is funded by Bertelsmann India Investments, Emergence Capital, and Sequoia Capital.
For more information, visit www.getvymo.com.
Resources
Download the report for free - https://www.getvymo.com/kaleidoscope
Know more about sales engagement effectiveness - https://www.getvymo.com/why-vymo
Talk to an expert - https://www.getvymo.com/request-a-demo
Media Contact:
Gunjan Saha
pr@getvymo.com
Photo: https://mma.prnewswire.com/media/1850111/Vymo_Kaleidoscope.jpg
Logo - https://mma.prnewswire.com/media/1026997/Vymo_Logo.jpg
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SOURCE Vymo | https://www.kxii.com/prnewswire/2022/06/29/vymo-publishes-kaleidoscope-book-digital-workforce-transformation-insurance-companies/ | 2022-06-29T10:48:47Z |
Sky-high diesel prices squeeze truckers, farmers, consumers
NEW YORK (AP) — When long-haul trucker Deb LaBree sets out on the road to deliver pharmaceuticals, she has strategies to hold down costs. She avoids the West Coast and the Northeast, where diesel prices are highest. She organizes her delivery route to minimize “deadheading” — driving an empty truck in between deliveries.
And if a customer’s load is too far away or they can’t pay more for fuel? She turns the job down.
“It breaks my heart because I either have to say, ‘No, I can’t afford to,’ or ‘I can, but you’re going to have to pay some of my fuel to get me there,’ " LaBree said. “I hate doing both of those things because it’s not the customer’s fault. It’s not our fault.”
The price of diesel fuel has skyrocketed in recent months — much more even than regular gasoline — especially after Russia invaded Ukraine in February. Moscow’s attack led numerous nations to spurn Russian fuel, removing from the market a major source of oil, the main component of diesel fuel, and driving prices drastically up.
For months, motorists have felt the pain of high gasoline prices. Many may not know that they’re also absorbing the impact of much costlier diesel fuel. That’s because the goods consumers buy — from cereal and orange juice to Amazon deliveries of diapers — are delivered by trucks, trains or ships that run on diesel. Those inflated prices are then passed on from company to company until they reach consumers in the form of costlier goods.
“People pay less attention to diesel prices because people aren’t going to the pump and using it,” said Matt Smith, lead oil analyst at Kpler, a research firm. “But diesel has a more far-reaching impact and is already having a real big impact across the economy.”
Diesel fuel was averaging $5.52 a gallon nationally Tuesday — up a scorching 68% from a year ago, when it was selling for just $3.28. By comparison, a gallon of regular gasoline is averaging $4.50, up 42% from a year ago.
High gasoline prices have eased somewhat in recent weeks. But diesel has remained chronically high, with American refineries operating near capacity. Unless prices ease, the ripple effects of high diesel fuel could worsen because the costs are deterring some truck companies from accepting jobs unless they can persuade their customers to pay more for fuel.
“There will be more logistical shortages,” said Phil Verleger, a longtime energy economist. “Americans will find more empty shelves and higher prices.”
If they’re not rejecting jobs, many truckers are choosing lighter loads or working longer hours to make up for money lost on fuel, according to interviews with truckers and industry executives. Farmers harvesting hay and planting corn with diesel-fired tractors are absorbing a financial hit. Delivery companies are installing their own fueling pumps to cut costs. Ultimately, consumers are left bearing the burden.
“If you’re a farmer, then your energy costs are higher, and therefore it’s costing more to produce grain, and that’s pushing the price of grain up, and that’s pushing the price of food up,” said Smith, the analyst at Kpler.
Even more than gasoline, high diesel prices are magnifying the costs of goods because the delivery cost has risen so much. Consumer prices soared 9.1% in June compared with 12 months earlier, the government reported last week. The fuel oil portion of the consumer price index nearly doubled from the same time last year.
“Those energy costs are working their way into products, all manner of different consumer products,” Smith noted.
One reason why diesel prices haven’t yet declined as gasoline has is that OPEC nations have slowed their supply of oil, and Middle East oil typically produces more diesel fuel than, say, parts of Texas do. Another factor is that China has reduced its diesel exports, presumably to help achieve its net-zero greenhouse gas emissions goals.
And within the United States, refineries that produce diesel from crude oil are essentially maxed out. The nation has 11 fewer refineries operating today than before the pandemic, according to the American Petroleum Institute. One refinery that had served the East Coast closed after an explosion in 2019 and never re-opened. And some refineries in California are closed for retrofitting to process renewable fuel.
“We use a lot of diesel, probably more than what these refineries can produce,” said Bob Costello, chief economist of the American Trucking Associations.
President Joe Biden’s visit last week to Saudi Arabia was intended, in part, to encourage OPEC to produce more oil, which would mean more diesel fuel globally. Though no major deal was announced, Prince Mohammed bin Salman hinted that Saudi Arabia could potentially produce more oil.
But expecting OPEC to export more oil during high-demand summer months might be unrealistic, said Amy Myers Jaffe, an energy expert at Tufts University.
“The important thing,” she said, “is to make sure that our allies, together with OPEC, don’t decrease any flows to the market at any junction, especially if we have some kind of disruption.”
Even if American oil and gas producers increase production, tough challenges would remain — namely, finding additional refinery space and then enough pipeline capacity to transport any additional diesel.
In the meantime, some truckers are struggling to adjust while keeping goods moving. Sherri Brumbaugh, who runs a fleet of 90 trucks as head of Garner Trucking, has installed more fuel pumps on-site in Findlay, Ohio, because she can obtain diesel more cheaply than her truckers can on the road.
She also monitors where her drivers are buying fuel to make sure they’re making wise decisions. And she tries to absorb the higher fuel costs herself as much as possible.
But “at some point,” she said, “you’ve got to go to the customer and say, ‘I’ve got to increase this rate.’”
Brumbaugh declined to say how much she’s raised rates on her customers, which range from bottled beverage companies to dishwasher manufacturers.
Lately, she said, there’s been less retail freight to haul. “It may be an indication of a recession,” she said. “I hope not.”
Cargo Transporters, which runs 470 trucks and 1,800 trailers, raised its rates, too, and has been turning down some jobs to Florida, where trucks often must return without a load, said Shawn Brown, a company executive. When there’s no cargo on a truck, no one pays the trucking company. But the driver still has to be paid, and fuel is still burned.
“When that trailer’s not loaded and there’s no revenue being generated and a mile is run, we’re eating that,” Brown said.
UPS and FedEx have more than doubled their fuel surcharges on ground deliveries year-over-year, according to calculations by Cowen Research and AFS Logistics.
Farmers also face higher costs. But they can’t easily raise prices, because they often don’t control the price of their goods. Milk and grain prices, for example, are set by the market.
“It’s costing us more for freight to get things delivered to the farm, and it’s costing more to haul things away,” said David Fisher, a dairy farmer in Madrid, New York, who is president of the New York Farm Bureau, which lobbies governments on behalf of farmers. “We’re planting crops and harvesting crops, and the cost of those are going to be higher, but we don’t know if we can recoup those costs.”
To burn less fuel, he’s considered skipping a tillage pass, a maneuver whereby a tractor manipulates soil to enhance crop growth. But doing so would risk having fewer crops to harvest.
A year ago, Fisher was spending $8,000 a week on fuel. This year, he said, the figure reached around $20,000.
“Everybody I talk to has quite a bit of anxiety over these fuel prices,” Fisher said.
Biden has called on Congress and states to suspend their gasoline or diesel taxes for a few months to help alleviate pain for drivers, but Congress appears unwilling to enact a tax holiday. Some states temporarily suspended some taxes on diesel and other motor fuels.
With high diesel prices persisting, LaBree and her husband are working more hours to manage costs. They used to stay on the road for four days and come home to Missouri for three. Now, she said, “we have to stay out for five — sometimes six — days to make up for what we’ve lost from fuel.”
“Most truckers like to think of ourselves as, we’re serving our country, moving goods around to keep America going,” LaBree said. “But at what point are we doing it for free? I can’t run a business that way.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/20/sky-high-diesel-prices-squeeze-truckers-farmers-consumers/ | 2022-07-20T12:28:29Z |
BROOMFIELD, Colo., June 6, 2022 /PRNewswire/ -- Crocs, Inc. (NASDAQ: CROX), a world leader in innovative casual footwear for women, men, and children, today announced that it will present at Baird's 2022 Global Consumer, Technology & Services Conference on Wednesday, June 8, 2022 at 12:50pm ET.
A live broadcast of the Company's presentation may be found on the Investor Relations section of the Crocs website, investors.crocs.com. A replay of the webcast will remain available on the website for 1 year following the completion of the conference.
About Crocs, Inc.:
Crocs, Inc. (Nasdaq: CROX) is a world leader in innovative casual footwear for women, men, and children, combining comfort and style with a value that consumers know and love. The Company's brands include Crocs and HEYDUDE and its products are sold in more than 85 countries through wholesale and direct-to-consumer channels. For more information on Crocs, Inc. please visit investors.crocs.com. To learn more about our brands, please visit www.crocs.com or www.heydudeshoesusa.com or follow @Crocs or @heydudeshoes on Facebook, Instagram, and Twitter.
Category:Investors
Investor Contact:
Cori Lin, Crocs, Inc.
(303) 848-5053
clin@crocs.com
PR Contact:
Melissa Layton, Crocs, Inc.
(303) 848-7885
mlayton@crocs.com
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SOURCE Crocs, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/06/crocs-inc-present-bairds-2022-global-consumer-technology-amp-services-conference/ | 2022-06-06T12:42:11Z |
LOS ANGELES, June 15, 2022 /PRNewswire/ -- Glancy Prongay & Murray LLP ("GPM") announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Apyx Medical Corporation ("Apyx" or the "Company") (NASDAQ: APYX).
Class Period: May 12, 2021 – March 11, 2022
Lead Plaintiff Deadline: August 5, 2022
If you wish to serve as lead plaintiff of the Apyx lawsuit, you can submit your contact information at www.glancylaw.com/cases/apyx-medical-corporation-1/. You can also contact Charles H. Linehan, of GPM at 310-201-9150, Toll-Free at 888-773-9224, or via email at shareholders@glancylaw.com to learn more about your rights.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors: (1) that a significant number of Apyx's Advanced Energy products were used for off-label indications; (2) that such off-label uses led to an increase in the number of medical device reports filed by Apyx reporting serious adverse events; (3) that, as a result, the Company was reasonably likely to incur regulatory scrutiny; (4) that, as a result of the foregoing, the Company's financial results would be adversely impacted; and (5) that, as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Follow us for updates on LinkedIn, Twitter, or Facebook.
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 Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE Glancy Prongay & Murray LLP | https://www.wibw.com/prnewswire/2022/06/15/apyx-investors-have-opportunity-lead-apyx-medical-corporation-securities-fraud-lawsuit/ | 2022-06-15T15:15:55Z |
NioCorp Files Technical Report Summary of its 2022 Feasibility Study with the SEC
Published: Sep. 6, 2022 at 4:00 PM CDT|Updated: 1 hour ago
CENTENNIAL, Colo., Sept. 6, 2022/PRNewswire/ -- NioCorp Developments Ltd. ("NioCorp" or the "Company") (TSX: NB) (OTCQX: NIOBF) is pleased to announce that it has filed with the U.S. Securities and Exchange Commission ("SEC") a Technical Report Summary ("TRS") based on the Company's 2022 Feasibility Study for the Elk Creek Critical Minerals Project. The TRS was filed with the SEC to comply with Item 601(b)(96) and subpart 1300 of Regulation S-K promulgated by the SEC ("S-K 1300"), which regulates disclosure of Mineral Resources and Mineral Reserves. A companion Technical Report for Canadian purposes, pursuant to National Instrument 43-101 ("NI 43-101"), was filed by NioCorp on SEDAR on June 28, 2022.
The technical data and economic conclusions of these reports are substantively identical, with minor differences between the reports resulting only from the respective disclosure requirements of S-K 1300 and NI 43-101.
The TRS was filed with the SEC as an exhibit to the Company's Annual Report on Form 10-K for the year ended June 30, 2022
NioCorp is developing a critical minerals project in Southeast Nebraska that will produce niobium, scandium, and titanium. The Company also is evaluating the potential to produce several rare earths from the Project. Niobium is used to produce specialty alloys as well as High Strength, Low Alloy ("HSLA") steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a specialty metal that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium is also a critical component of advanced solid oxide fuel cells. Titanium is used in various lightweight alloys and is a key component of pigments used in paper, paint and plastics and is also used for aerospace applications, armor, and medical implants. Magnetic rare earths, such as neodymium, praseodymium, terbium, and dysprosium are critical to the making of Neodymium-Iron-Boron ("NdFeB") magnets, which are used across a wide variety of defense and civilian applications.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.wibw.com/prnewswire/2022/09/06/niocorp-files-technical-report-summary-its-2022-feasibility-study-with-sec/ | 2022-09-06T22:15:09Z |
TEL AVIV, Israel and NEW YORK, Sept. 8, 2022 /PRNewswire/ -- Apiiro, the leader in Cloud-Native Application Security, today announced it is a platinum sponsor of Cloud Native SecurityCon, an event designed to foster collaboration, discussion and knowledge sharing of cloud native security projects to address security challenges and opportunities.
The in-person event takes place October 24-25, 2022 in Detroit, MI and will showcase breakthrough technology and advances in modern cybersecurity approaches including secure software development and supply chain security.
Cloud Native SecurityCon is co-located at KubeCon + CloudNativeCon, the Cloud Native Computing Foundation's flagship conference. Apiiro executives including VP of Security Research Moshe Zioni will be in attendance to discuss how Apiiro is accelerating secure software delivery by addressing critical risks in cloud-native applications. KubeCon attendees can also meet with Apiiro executives to learn more about the code risk platform by visiting booth SU63.
Click here to register for the event.
Supporting Resources
- Apiiro's "Secrets Insights Across the Software Supply Chain" report
- Apiiro blog
- Apiiro on LinkedIn
- Apiiro on Twitter
About Apiiro
Apiiro helps security and development teams proactively remediate risk before releasing to the cloud. Backed by Greylock and Kleiner Perkins. apiiro.com
Media Contact:
Amy McDowell
Offleash PR for Apiiro
apiiro@offleashpr.com
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SOURCE Apiiro | https://www.kxii.com/prnewswire/2022/09/08/apiiro-sponsor-cloud-native-securitycon-kubecon-cloudnativecon-north-america/ | 2022-09-08T13:43:06Z |
CARMEL, Ind., Aug. 2, 2022 /PRNewswire/ -- KAR Auction Services, Inc., d/b/a KAR Global (NYSE: KAR) (the "Company"), today announced that it commenced a cash tender offer (the "Tender Offer") to purchase its 5.125% Senior Notes due 2025 (CUSIP Nos. 48238TAA7 / U24457AA8) (the "Notes") in a principal amount of up to $600,000,000, exclusive of any applicable premiums paid in connection with the Tender Offer and accrued and unpaid interest. The terms and conditions of the Tender Offer are set forth in an Offer to Purchase, dated August 2, 2022 (the "Offer to Purchase"), which is being sent to all registered holders (collectively, the "Holders") of Notes.
Holders of Notes must validly tender and not validly withdraw their Notes on or before 5:00 p.m., New York City time, on August 15, 2022, unless extended (such date and time, as the same may be extended, the "Early Tender Date") in order to be eligible to receive the Total Consideration. Holders of Notes who validly tender their Notes after the Early Tender Date and on or before the Expiration Date (as defined below) will be eligible to receive only the applicable Base Consideration, which is equal to the Total Consideration minus the Early Tender Premium, as set forth in the table above. In addition to the applicable consideration, Holders whose Notes are accepted for purchase in the Tender Offer will receive accrued and unpaid interest to, but excluding, the date on which the Tender Offer is settled. The settlement date for Notes validly tendered and accepted for purchase before the Early Tender Date (if the Company elects to do so) is currently expected to be on or about August 17, 2022 and the final settlement date, if any, is expected to be August 31, 2022.
The Tender Offer will expire at 11:59 p.m., New York City time, on August 29, 2022, unless extended (such date and time, as the same may be extended, the "Expiration Date"). As set forth in the Offer to Purchase, validly tendered Notes may be validly withdrawn at any time on or before 5:00 p.m., New York City time, on August 15, 2022, unless extended (the "Withdrawal Deadline").
The consummation of the Tender Offer is subject to the satisfaction of certain conditions as set forth in the Offer to Purchase. The Company reserves the right, in its sole discretion, to waive any and all conditions to the Tender Offer with respect to the Notes.
If any Notes are validly tendered and the principal amount of such tendered Notes exceeds the Tender Cap as set forth in the table above, any principal amount of the Notes accepted for payment and purchased, on the terms and subject to the conditions of the Tender Offer, will be prorated based on the principal amount of validly tendered Notes, subject to the Tender Cap and any prior purchase of Notes on any day following the Early Tender Date and prior to the Expiration Date.
Any Notes that are validly tendered at or prior to the Early Tender Date (and not validly withdrawn at or prior to the Withdrawal Deadline) will have priority over any Notes that are validly tendered after the Early Tender Date. Accordingly, if the principal amount of any Notes validly tendered at or prior to the Early Tender Date (and not validly withdrawn at or prior to the Withdrawal Deadline) and accepted for purchase equals or exceeds the Tender Cap, no Notes validly tendered after the Early Tender Date will be accepted for purchase.
The Company's obligations to accept any Notes tendered and to pay the applicable consideration for them are set forth solely in the Offer to Purchase. This press release is neither an offer to purchase nor a solicitation of an offer to sell any Notes. The Tender Offer is made only by, and pursuant to the terms of, the Offer to Purchase, and the information in this press release is qualified by reference to the Offer to Purchase. Subject to applicable law, the Company may amend, extend, waive conditions to or terminate the Tender Offer.
J.P. Morgan Securities LLC is the Dealer Manager for the Tender Offer. Persons with questions regarding the Tender Offer should contact J.P. Morgan Securities LLC at (866) 834-4666 (toll-free) or (212) 834-3822 (collect). Requests for copies of the Offer to Purchase should be directed to D.F. King & Co., Inc., the Tender and Information Agent for the Tender Offer, at (212) 269-5550 (banks and brokers), (800) 488-8095 (toll-free) or email at kar@dfking.com.
About KAR Global
KAR Auction Services, Inc., d/b/a KAR Global (NYSE: KAR), provides sellers and buyers across the global wholesale used vehicle industry with innovative, technology-driven remarketing solutions. KAR Global's unique end-to-end platform supports whole car, financing, logistics and other ancillary and related services. Our integrated physical, online and mobile marketplaces reduce risk, improve transparency and streamline transactions for customers in about 75 countries. Headquartered in Carmel, Indiana, KAR Global has employees across the United States, Canada, Mexico, Uruguay, Europe and the Philippines.
Forward-Looking Statements
Certain statements contained in this press release include "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995. In particular, statements made in this press release that are not historical facts (including, but not limited to, expectations, estimates, assumptions and/or projections regarding the industry, business, future operating results, potential acquisitions and anticipated cash requirements) may be forward-looking statements. Words such as "should," "may," "will," "anticipate," "expect," "project," "target," "intend," "plan," "believe," "seek," "estimate," "assume," "could," "continue" and similar expressions identify forward-looking statements. The forward-looking statements contained in this press release are based on management's current assumptions, expectations and/or beliefs, are not guarantees of future performance and are subject to substantial risks, uncertainties and changes that could cause actual results to differ materially from the results projected, expressed or implied by these forward-looking statements. Factors that could cause or contribute to such differences include, but are not limited to, those discussed in the section entitled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and Quarterly Report on Form 10-Q for the fiscal quarter ended March 31, 2022, and those described from time to time in our filings with the Securities and Exchange Commission. Many of these risk factors are outside of our control, and as such, they involve risks which are not currently known that could cause actual results to differ materially from those discussed or implied herein. The forward-looking statements in this press release are made as of the date on which they are made and we do not undertake to update any forward-looking statements.
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SOURCE KAR Auction Services | https://www.kxii.com/prnewswire/2022/08/02/kar-global-announces-cash-tender-offer-notes/ | 2022-08-02T21:01:05Z |
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Dingdong (Cayman) Ltd..
Shareholders who purchased shares of DDL during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of persons who purchased, or otherwise acquired, Dingdong American Depository Shares pursuant or traceable to the F-1 registration statements and related prospectus on Form 424B4 issued in connection with Dingdong's June 2021 initial public stock offering.
ALLEGATIONS: According to the filed complaint, the registration statement and prospectus used to effectuate the Company's initial public offering misstated and/or omitted facts concerning Dingdong's so-called commitment to ensuring the safety and quality of the food it distributes to the market. For example, despite claiming that it applies "stringent quality control across [its] entire supply chain to ensure product quality to [its] users," Dingdong sold food past its sell-by date. Consequently, Dingdong was, in fact, no better at providing or assuring access to "fresh" groceries than the supermarkets, traditional Chinese wet markets, or traditional e-commerce platforms it repeatedly claimed to be displacing. Moreover, the foregoing conduct subjected Dingdong to an increased risk of regulatory and/or governmental scrutiny and enforcement, all of which, once revealed, were likely to negatively impact Dingdong's business, operations, and reputation.
DEADLINE: October 24, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/dingdong-cayman-ltd-loss-form/?id=31383&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of DDL during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is October 24, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.mysuncoast.com/prnewswire/2022/09/07/shareholder-alert-gross-law-firm-notifies-shareholders-dingdong-cayman-ltd-class-action-lawsuit-lead-plaintiff-deadline-october-24-2022-nyse-ddl/ | 2022-09-07T10:16:16Z |
WASHINGTON , May 18, 2022 /PRNewswire/ -- We started Sundown Marketing Group because we experienced the extreme lack of quality options for law firm marketing firsthand. With a vision of a better experience for lawyers and law firms, we set out to create a client focused agency that delivered top notch results.
After 8 years of exciting growth and delivering quality results, it is time for us to create a brand that better reflects who we are and all we have to offer.
And so, we are excited to share our new brand with you. Welcome to Too Darn Loud Digital Marketing.
Right now, we are only changing our name. The same team will be delivering the same client focused support and quality products. In the coming weeks you can expect to see announcements regarding new products and our plan to help law firms thrive.
We are excited about the future, and we look forward to continuing to help law firms with all of their internet marketing needs.
About Too Darn Loud Digital Marketing
The experienced staff at Too Darn Loud Digital Marketing has over 50 years of combined experience providing quality digital marketing products and the best customer service in the industry. Visit Too Darn Loud Marketing for more information.
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SOURCE Too Darn Loud Digital Marketing | https://www.kxii.com/prnewswire/2022/05/18/sundown-marketing-is-now-too-darn-loud-digital-marketing/ | 2022-05-18T16:51:11Z |
Prices are soaring — but not for health care
By Tami Luhby, CNN
Gas prices have skyrocketed. Groceries and cars are more expensive. Housing costs are up.
But health care charges? Not so much.
While consumer prices are rising faster than they have in more than 40 years, health care inflation has remained rather muted.
The Consumer Price Index rose 8.5% in the 12 months that ended in March, propelled mainly by increases in energy, food and housing, according to the Bureau of Labor Statistics.
By contrast, health care inflation has generally hovered around its historical trend of around 2%, said Corey Rhyan, senior analyst for health economics and policy at Altarum, a nonprofit research and consulting group.
Medicare care commodities and services indexes in the CPI rose 2.7% and 2.9%, respectively, for the year ending in March — the lowest of any items.
Other federal measures of inflation show a similar split.
Health care inflation actually outpaced general inflation at the start of the pandemic, in part because of congressional Covid-19 relief measures that increased Medicare payments and Medicaid matching funds to states and because overall prices fell.
But economy-wide inflation took off in 2021 as rising demand and supply chain constraints drove up prices. And Russia’s invasion of Ukraine is pushing energy and food costs — and overall inflation — even higher this year.
Why health care inflation remains tame
While the cost of gas and food that consumers pay can adjust quickly to national and global economic forces, health care operates differently — payment rates are typically set in advance and last a year.
“There’s just not a lot of flexibility for those prices to change in the near term,” Rhyan said.
Medicare, which has a big influence on health care prices, determines its annual payment rates using projections of inflation for the year ahead, said Matthew Fiedler, a fellow at the USC-Brookings Schaeffer Initiative for Health Policy. The 2022 projections were finalized in the first half of 2021, before general inflation really took off. Also, many forecasters at the time felt the price increases would be temporary.
Private insurers also negotiate rates with doctors, hospitals and other providers in advance and sign contracts that typically set reimbursements in place for a year.
So patients generally don’t see increases in their premiums or out-of-pocket costs for the duration of the contracts.
“For most people, health care prices are not rising at an unusually fast rate right now,” Fiedler said. “It is possible if inflation remains high that that will change.”
Pressure building
The health care sector is not immune from the cost pressures affecting the US. Supply chain disruptions and labor shortages that have bedeviled the nation are also plaguing health care providers — and that could lead to higher health care inflation next year.
Compensation in the nursing home industry rose 5.7% in the 12 months ending in December, more than any other industry, according to the most recent Bureau of Labor Statistics data. At hospitals, compensation jumped 4.3%, while for workers overall, it increased 4%.
Hospitals are likely facing a structural reset in their cost of labor, not a temporary bump, said Eric Jordahl, managing director at Kaufman Hall, a health care consulting firm. They are hiring more nurses from agencies, which are commanding higher wages, and contending with shortages of less-skilled workers, such as those who feed patients and clean rooms. And like many employers, they must raise their pay to attract staff and to prevent them from leaving for higher-paying jobs elsewhere.
Labor typically accounts for a little more than half of a hospital’s total expenses.
Hospitals’ labor expense per adjusted discharge in February rose 32% from the same month in 2020, according to the most recent Kaufman Hall National Hospital Flash Report.
Meanwhile, hospitals are paying more for supplies too. Non-labor expense per adjusted discharge rose nearly 26% compared with February 2020.
“The pressure on the expense side is there,” Jordahl said. “It’s real.”
How much of these increased costs hospitals and other providers will be able to pass along to health insurers and patients remains to be seen. But pricing pressure is sure to be part of the contract negotiations for 2023, Jordahl said.
Since pricing in health care is not that straightforward, experts aren’t certain that inflation in the industry will pick up next year.
“In other economic sectors, I’d be confident it would ultimately change if overall inflation stayed high,” Fiedler said. “There are some peculiarities in how prices get set in the health care sector that means that’s not guaranteed to be the case.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/12/prices-are-soaring-but-not-for-health-care/ | 2022-04-12T13:36:51Z |
AI-Driven Transportation Management Platform optimizes load planning for shippers, carriers
HOUSTON, July 27, 2022 /PRNewswire/ -- PCS Software (PCS), a leading transportation management (TMS) platform provider for shippers, carriers, and brokerages in North America, announces the release of Prime Express, a novel AI-driven Transportation Management Platform (TMP) that optimally matches loads, assets, and drivers within networks across supply chains.
Prime Express represents a fresh approach and departure from the traditional model of Transportation Management Software (TMS). Numerous vendors already develop TMS systems for individual sectors of the transportation and logistics industry. PCS Software took a holistic approach and developed the first-of-its-kind TMP: a single, unified web-based platform that automates load planning and dispatch for shippers and carriers.
The initial release is delivered as a web portal that is accessible within PCS users' existing TMS platforms. The platform leverages the power of artificial intelligence (AI) and machine learning (ML) to provide immediate and direct benefits not offered by traditional TMS systems.
Prime Express gives users instant and optimal driver-load matching decisions and delivers recommendations through a sleek, modern user interface. With one click, users can execute the recommendations through integration with their TMS dispatch functions.
"Change is the only constant in the fast-moving transportation and logistics industry. In the current inflationary environment, companies need higher levels of automation and visibility to succeed," said Paul Beavers, Chief Technology Officer of PCS Software. "The release of Prime Express comes at the perfect time. With access to powerful load and driver optimization technology in a single, easy-to-use platform, shippers and carriers of all sizes will be able to increase efficiency and sharpen their competitive edge."
The AI-driven functionality of Prime Express optimally matches available loads, trucks and drivers based on user-defined parameters. The powerful automation creates optimal routes that reduce deadhead mileage and maximize network savings and profitability.
For daily operations, Prime Express reduces time-consuming tasks and maximizes the return on human capital for companies. With the simple workflow, users:
- Select the equipment, drivers, and loads/shipments they want to optimize
- Reduce errors and rework by using the power of AI to solve complex problems
- Accept recommendations to automate the load planning and dispatch process
Prime Express finds the optimal combination of drivers and loads by accounting for a wide range of variables that include current locations of assets, drivers' available hours-of-service, equipment types and much more.
The optimized solutions can be created for loads that need to move today, tomorrow, or even weeks or months in advance.
Prime Express is available for PCS Shipper and Carrier TMS customers today.
PCS Software is an AI-driven transportation management platform leader fielding disruptive innovation for mid-to-large sized enterprise shippers, carriers, and brokers in the United States and Canada. Cloud-based, API-integrated, PCS Software automates the entire transportation logistics operation via a single, comprehensive solution. Accessible via the web or the companion mobile app, the PCS platform delivers powerful functionality to manage rate and route optimization, mode selection, dispatch/tendering, carrier and fleet management, safety and compliance, freight yard management, settlement/accounting and more. For more information, visit www.PCSSoft.com.
PRESS CONTACT:
Paul Beavers
paul.beavers@pcssoft.com
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SOURCE PCS Software | https://www.mysuncoast.com/prnewswire/2022/07/27/pcs-software-announces-prime-express-automated-driver-load-matching/ | 2022-07-27T15:23:40Z |
MIAMI, Sept. 8, 2022 /PRNewswire/ -- LiveHire, the globally-leading Direct Sourcing and Total Talent platform, and HireGenics, a recognized thought leader in the design, implementation, and delivery of Talent Acquisition Solutions, have successfully launched Direct Sourcing programs for 3 Global Fortune 500 companies. The clients are recognized as a premier international airline, the world's largest independent production company of liquids and natural gas, and a renowned insurance provider.
Through the intersection of LiveHire's state-of-the-art technology, and HireGenics' comprehensive service offerings, companies can leverage their brand to attract, engage, and hire workers of all skills and classifications through the establishment of a private, Branded Talent Community. By creating a centralized talent repository in a dynamic community environment, applicants encounter a transformative candidate experience and companies achieve the global visibility required to build and execute complex workforce planning strategies across their enterprise.
Contingent labor accounts for over 40% of the total workforce today and consists of all types of experience and skill levels. Companies are recognizing the important role that contingent workers play in their overall workforce planning strategy.
Katie Bussey, Sr. Vice President, and Direct Sourcing practice leader at HireGenics commented, "Onboarding a contingent worker today in your organization is a user of your products, services, or employee tomorrow." This has led procurement and talent acquisition stakeholders to seek innovative solutions that expand their talent reach while also creating exceptional candidate experiences, she said.
"Technology plays a critical role in separating a good Direct Sourcing solution from a great one. We were meticulous in evaluating Direct Sourcing technology providers to find a platform that we felt was next level in the space", she said. "We were also seeking a true partner that is customer-centric and hungry to revolutionize how companies acquire talent. HireGenics selected LiveHire as our strategic partner and together we are already seeing the results that a great solution can produce for our clients".
LiveHire's technology was recently recognized as a Market Leading Platform by Ardent Partners, a leading resource and advisory firm, in their Direct Staffing Platforms Technology advisor report which evaluated the digital staffing solutions marketplace.
"Our partnership with HireGenics has enabled organizations to reach high-quality talent by combining the best in Direct Sourcing technology with Hiregenics' experienced Talent Curation and concierge services team," says Christy Forest, LiveHire CEO. "Our customers are experiencing faster response times, improved quality of hires, reduction in overall cycle time, and a significant reduction in their total cost of workforce (TCOW) as a result of our solutions", she said.
LiveHire will be showcasing their Direct Sourcing platform at the CWS Summit in Dallas, Texas on September 19-20, 2022 at booth #325.
HireGenics will be showcasing their workforce management solutions at the CWS Summit in Dallas, Texas on September 19-20, 2022 at booth #201
About LiveHire
LiveHire is a globally-leading recruitment and direct sourcing platform - enabling clients to attract and engage both permanent employees and contingent workers to deliver Total Talent and Direct Sourcing solutions. LiveHire offers an award-winning candidate experience and provides talent-on-demand through its unique talent pooling and 2-way text messaging functionality, having successfully enabled end-to-end recruitment from sourcing through to hire of diverse workforces for over 200 clients across 20 verticals globally. For more information, visit www.livehire.com/us.
About HireGenics
HireGenics is a Workforce Management company headquartered in Duluth, GA. A certified MBE, HireGenics provides comprehensive workforce solutions designed to optimize access to high quality talent using multi-channel talent and sourcing strategies. Specialties include Managed Service Programs (MSP), Direct Sourcing, Employer-of-Record/Payrolling, IC Compliance, RPO, and SOW Management. Many of these solutions are provided through a consolidated model that allows each client to classify all spend as tier 1 diversity. HireGenics also holds a Top-Secret facility security clearance and has many clients in the government contractor sector, aerospace & defense, and heavily regulated industry space. www.hiregenics.com
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SOURCE LiveHire | https://www.mysuncoast.com/prnewswire/2022/09/08/livehire-hiregenics-launch-3-new-direct-sourcing-programs-premier-fortune-500-companies/ | 2022-09-08T19:47:28Z |
- Valour, Comdirect and Onvista have agreed to introduce Valour as a provider of crypto products for retail clients in Germany
- Comdirect and Onvista customers will have access to Valour's entire range of crypto ETPs including Valour Bitcoin Zero and Valour Ethereum Zero, which both have a zero management fees
TORONTO, Aug. 18, 2022 /PRNewswire/ - Valour Inc. (NEO: DEFI) (GR: RMJR) (OTCQB: DEFTF), a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets and decentralized finance, announced an agreement with German banks, Comdirect and Onvista, that will enable banking clients to integrate Valour ETPs into their investment portfolios. Comdirect and Onvista customers will have access to Valour's entire range of crypto ETPs.
"By integrating Valour's low to zero-fee ETPs, Comdirect and Onvista will be able to provide their customers access to safe and regulated exposure to the crypto ecosystem," said Marco Infuso, Chief Sales Officer of Valour. "Especially during 'crypto winter' times, costs are a foremost priority for investors. Offering zero-cost investment options in Bitcoin and Ethereum is a substantial advantage for our investors and is another milestone in the democratisation of this young and growing asset class."
Following Tuesday's announcement of Valour's partnership with justTRADE, this latest agreement with Comdirect and Onvista further validates the Company's status as a go-to crypto partner for brokers and banks wishing to offer regulated crypto exposure to their clientele.
"Valour's recent partnership with justTRADE and this new agreement with Comdirect and Onvista represents the first of what we believe will be many relationships with major broker platforms and banks," said Russell Starr, CEO of Valour. "Our recent hires have already added tremendous value to our team and will continue to execute at a high level, despite market conditions."
Valour offers fully hedged digital asset Exchange Traded Products (ETPs) with product listings across European exchanges, banks and broker platforms. Valour's existing product range includes Valour Uniswap (UNI), Cardano (ADA), Polkadot (DOT), Solana (SOL), Avalanche (AVAX), Cosmos (ATOM) and Enjin (ENJ) ETPs, as well as Valour's flagship Bitcoin Zero and Valour Ethereum Zero products, the first fully hedged, passive investment products with Bitcoin (BTC) and Ethereum (ETH) as underlyings which are completely fee-free.
Valour Inc. (NEO: DEFI) (GR: RMJ.F) (OTCQB: DEFTF) is a technology company and the first and only publicly traded company that bridges the gap between traditional capital markets, Web3 and decentralized finance. Founded in 2019, Valour is backed by an acclaimed and pioneering team with decades of experience in financial markets and digital assets with a mission to expand investor access to industry-leading Web3 and decentralized technologies allowing investors to access the future of finance via regulated equity exchanges. www.valour.com
Comdirect provides online brokerage, banking, and advisory services in Germany. It executes buy and sell orders for stocks listed on the German stock exchanges, including options and futures contracts, as well as provides access to 46 stock exchanges outside Germany. Further, it provides execution only services to its clients for asset allocation, risk hedging and portfolio optimization. Comdirect is a brand of Commerzbank AG. www.comdirect.de
Onvista bank is an online broker that falls under the umbrella of onvista AG and Onvista Group, which in turn is a subsidiary of Comdirect Bank AG. They provide access to trading in various securities across 14 stock exchanges as well as OTC trading from more than 21 issuers. They allow trading in shares, futures, options, funds, bonds, CFDs, ETFs, and more. https://www.onvista-bank.de/
This press release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. Forward-looking information includes, but is not limited to the the offering of Valour ETPs to clients of Onvista and Comdirect; the regulatory environment with respect to the growth and adoption of decentralized finance; the pursuit by Valour and its subsidiaries of business opportunities; and the merits or potential returns of any such opportunities. Generally, forward-looking information can be identified by the use of forward-looking terminology such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved". Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company, as the case may be, to be materially different from those expressed or implied by such forward-looking information. Such risks, uncertainties and other factors include, but is not limited the acceptance of Valour ETPs by exchanges; investor demand for Valour ETPs; growth and development of DeFi and cryptocurrency sector; rules and regulations with respect to DeFi and cryptocurrency; general business, economic, competitive, political and social uncertainties. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.
All information contained in this press release with respect to Valour, Comdirect and Onvista was supplied by the parties respectively for inclusion herein, and each party and its directors and officers have relied entirely on the other party for any information concerning the other party. Valour has not conducted due diligence on the information provided by Comdirect and Onvista and does not assume any responsibility for the accuracy or completeness of such information.
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SOURCE Valour, Inc. | https://www.kxii.com/prnewswire/2022/08/18/valour-crypto-products-etps-available-clients-major-german-banks-comdirect-onvista/ | 2022-08-18T08:45:09Z |
WASHINGTON (AP) — Americans are deeply divided over how much children in K-12 schools should be taught about racism and sexuality, according to a new poll released as Republicans across the country aim to make parental involvement in education a central campaign theme this election year.
Overall, Americans lean slightly toward expanding — not cutting back — discussions of racism and sexuality, but roughly 4 in 10 say the current approach is about right, including similar percentages across party lines. Still, the poll from the University of Chicago Harris School of Public Policy and The Associated Press-NORC Center for Public Affairs Research shows stark differences between Republicans and Democrats who want to see schools make adjustments.
About 4 in 10 Republicans say teachers in local public schools discuss issues related to sexuality too much, while only about 1 in 10 say too little. Among Democrats, those numbers are reversed.
The findings reflect a sharply politicized national debate that has consumed local school boards and, increasingly, state capitols. Republicans see the fight over school curriculum as a winning culture war issue that will motivate their voters in the midterm elections.
In the meantime, a flurry of new state laws has been introduced, meant to curtail teaching about racism and sexuality and to establish a “parents’ bill of rights” that would champion curriculum transparency and allow parents to file complaints against teachers.
The push for legislation grew out of an elevated focus on K-12 schools during the COVID-19 pandemic, when angry parents crowded school board meetings to voice opposition to school closures, mask mandates and other restrictive measures intended to prevent the spread of illness.
“All that that’s happening these days kind of goes against the longer history of school boards being relatively low salience government institutions and, in a lot of cases, they are nonpartisan offices,” said Adam Zelizer, a professor at the University of Chicago Harris School researching school board legislation.
What distinguishes this moment, Zelizer said, is the “grassroots anger” in response to school policies and the national, coordinated effort to recruit partisan candidates for school boards and local offices.
What started as parents’ concern about virtual learning and mask wearing has morphed into something larger, said Republican pollster Robert Blizzard, describing parents as thinking: “OK, now that we have the schools open, what are these kids learning in school?”
The poll shows 50% of Americans say parents have too little influence on curriculum, while 20% say they have too much and 27% say it’s about right. About half also say teachers have too little influence.
Kendra Schultz said she and her husband have decided their 1-year-old daughter will be homeschooled, at least initially, because of what friends have told them about their experiences with schools in Columbia, Missouri.
Most recently, she said, one 4-year-old’s pre-K class talked about gender pronouns. Schultz offered that and mask requirements as examples of how the public school system “doesn’t align with what we believe or how we would like to see our children educated.”
“I’m just like, you’re a little kid, you should be learning your ABCs and your numbers and things like that,” said Schultz, a 30-year-old conservative. “That’s just not something that me and my husband would be interested in having teachers share with our children.”
In Florida, Republican Gov. Ron DeSantis in March signed into law a bill barring instruction on sexual orientation and gender identity in kindergarten through third grade. Opponents, including the White House, have dubbed it the “Don’t Say Gay” law.
The poll shows Americans are slightly more likely to say the focus on sex and sexuality in local schools is too little rather than too much, 31% to 23%, but 40% say it’s about right. The poll didn’t ask about specific grade levels.
Blizzard, who has been working with a group called N2 America to help GOP candidates in suburbs, said the schools issue resonates with the Republican base and can motivate voters.
In the Virginia governor’s race last year, Republican Glenn Youngkin won after campaigning on boosting parental involvement in schools and banning critical race theory, an academic framework about systemic racism that has become a catch-all phrase for teaching about race in U.S. history. His Democratic opponent, Terry McAuliffe, had said in a debate that parents shouldn’t tell schools what to teach.
The poll also shows Americans have mixed views about schools’ focus on racism in the U.S.
Charkia Lang-James, a mother of three who lives near Mobile, Alabama, said that she believes schools should be teaching the truest, fullest version of history, especially on issues that touch on race and racism.
“The truth should be taught, whether it looks good or bad,” she said. “All of the truth.”
Lang-James, who is Black and identifies as a political independent, said as an adult, she learned that many things she had been taught in school were lacking in depth and accuracy.
“We learned about Christopher Columbus, and how he discovered America,” she said. “But how can he discover something that was already there? … I feel like it’s just not the whole history.”
Randi Weingarten, president of the American Federation of Teachers, said parents and teachers alike are frustrated after pandemic disruptions and should partner to help kids recover. The efforts to predetermine curriculum and restrict teaching are getting in the way, she said.
“The people who are proposing them, they’ve been pretty clear … they just want to sow doubt and distrust because they want to end public education as we know it,” Weingarten said.
Parents of school-age children aren’t more likely than other adults to say parents have too little influence in schools. But there is a wide partisan gap, with 65% of Republicans saying that, compared with 38% of Democrats.
Michael Henry, a father of three in Dacula, Georgia, says he’s wrestled over what the right level of involvement is. It didn’t sit right with him, for example, that his 6-year-old was taught about Columbus in an entirely positive light. He says he’s reflected on “some of the lies” and “glorifications of history” in his own public school education and thinks race needs to be talked about more.
But ultimately, school curriculum is “outside my area of expertise,” said Henry, 31, an actuary who is also the acting president of the Gwinnett County Young Democrats.
“I have to do a lot of studying and work to be able to make informed decisions, and I don’t feel like parents generally have that kind of skill set” for curriculum, he said. “I think professionals should mostly be determining what the curriculum should be.”
Henry worries that new restrictions are “adding extra hassle for teachers, who already have a lot on their plate, to solve a problem that doesn’t exist.”
___
AP Education Writer Collin Binkley in Boston contributed to this report.
___
Ma, based in Charlotte, North Carolina, writes about education and equity for AP’s Race and Ethnicity team. Follow her on Twitter: https://www.twitter.com/anniema15
___
The AP-NORC poll of 1,082 adults was conducted March 17-21 using a sample drawn from NORC’s probability-based AmeriSpeak Panel, which is designed to be representative of the U.S. population. The margin of sampling error for all respondents is plus or minus 4 percentage points. | https://cw33.com/news/politics/ap-politics/talk-of-race-sex-in-schools-divides-americans-ap-norc-poll/ | 2022-04-15T07:37:51Z |
New hire positions company for success in driving growth across Asia-Pacific region
LONDON, Aug. 3, 2022 /PRNewswire/ -- Lefroy Verghese, a high-profile licensing and A&R executive with more than two decades of experience in the music business, has joined global production music company Audio Network as general manager of its Asia-Pacific (APAC) region. His hiring indicates a significant commitment to expanding the company's APAC operations as it continues to break ground in creating original, high-quality music for television, advertising, enterprise, and digital media.
In his new role, Verghese will oversee Audio Network's commercial activities in Australia, New Zealand, Southeast Asia, India, and China – one of the fastest growing countries for the business worldwide. His portfolio will include leading all sales and marketing initiatives in order to push sync licensing and publishing revenues to TV, advertising, and branded content clients in the region.
"We are delighted Lefroy has joined our talented team at Audio Network. He is an exceptional leader possessing a rare mix of commercial and creative skills, and he has a proven track record of achievement in the APAC region," said Andy Williams, Audio Network's Chief Commercial Officer. "With Lefroy leading our business in APAC, we are excited about opening up new markets and accelerating our growth plans in the region."
Verghese most recently served as general manager of Asia-Pacific, senior director, A&R for BMG Music, where he managed teams throughout Australia, Hong Kong, and Singapore. In addition, during his tenure running one of BMG's premier production music labels – it witnessed the successful development of commercially viable local artists playing regional music.
Audio Network is a music company creating original, high-quality music for broadcasters, brands, creators, and music fans everywhere. From Hollywood to YouTube, Coca-Cola to Vice, it has helped to tell some of the world's most iconic stories. With an expansive roster of 1,000+ renowned composers, respected singer-songwriters and known and emerging artists worldwide, the Audio Network catalogue of over 200,000 tracks spans every imaginable genre and mood.
Media Contact:
Michael Miller PR for Audio Network
+1 (323) 347-7976 Ext. 0001
Michael@MichaelMillerPR.com
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SOURCE Audio Network Limited | https://www.wibw.com/prnewswire/2022/08/03/music-industry-veteran-lefroy-verghese-joins-audio-network/ | 2022-08-03T19:00:35Z |
Passport Parking app now available through Passport's platform
DAYTON, Ohio, June 14, 2022 /PRNewswire/ -- The City of Dayton, Ohio is digitizing its parking operations with Passport, a leading transportation software and payments company that is trusted by cities to manage their parking and mobility infrastructure. With Passport's platform, the City is now offering a mobile option for motorists to pay for parking at nearly 1,300 spaces.
The mobile payment application, Passport Parking, is the first contactless option for parking in Dayton and enables drivers to safely pay for and manage sessions through their smartphones. To begin a parking session, users simply create an account with their email address or phone number and enter their parking space number and desired length of stay. Users can extend sessions remotely and review parking history and receipts with just a few taps. The Passport Parking app is free to download from the App Store and Google Play. Users can also manage their parking online at passportparking.com.
"We have been promoting the Passport Parking app on our website and social channels and the community has received the new app positively," says City Manager, Shelley Dickstein. "With Passport's technology, we no longer need to rely on outdated tools and processes and instead can more efficiently manage multiple aspects of our parking operations under a single, centralized system."
More than 800 cities, private operators and universities in North America trust Passport's platform as the only end-to-end system for managing mobile pay parking, parking enforcement, digital permitting and other forms of mobility. With Passport's platform, the City of Dayton has access to powerful data that allows the teams to form more data-driven decisions, building a more sustainable and equitable community.
"Dayton's residents and visitors can now enjoy what the City has to offer without thinking twice about their parking meter running out or having to dig for loose change," says Mark Schleyer, Passport regional sales director. "Passport is excited to partner with Dayton to enhance the user experience and to support its needs and goals through our technology."
About Passport
Passport is a transportation software and payments company that builds technology to more efficiently manage streets and sidewalks. Based in Charlotte, North Carolina, Passport is trusted by more than 800 cities, universities and agencies, including Chicago, Toronto, Los Angeles and Miami. Passport's digital platform helps cities manage parking and mobility infrastructure, creating more livable, equitable communities. One of the fastest-growing companies on the Inc. 5000 and Deloitte Technology Fast 500 lists, Passport was also named to Fast Company's World's Most Innovative Companies for 2020.
Media Contact:
Allison Guthrie
(818) 523-8581
passport@greenbrier.partners
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SOURCE Passport | https://www.kxii.com/prnewswire/2022/06/14/dayton-oh-launches-contactless-parking-payment-option-with-passport/ | 2022-06-14T14:20:47Z |
NEW DELHI (AP) — Twitter on Tuesday challenged the Indian government in court over its recent orders to take down some content on the social media platform, media outlets reported.
The lawsuit was filed in the Karnataka High Court in southern Bengaluru city and comes after the Indian government in February warned company executives of criminal action if they failed to comply with the takedown orders, the Press Trust of India and the Bar and Bench legal news site reported.
A Twitter spokesperson, Aditi Shorewal, declined to comment or specify what type of content the company was told to block. She did not confirm that Twitter had filed the lawsuit.
The lawsuit is part of a growing confrontation between Twitter and New Delhi after the Indian government last year passed a new set of sweeping regulations giving it more power to police online content.
The new rules require companies to erase or block content that authorities deem unlawful. Under the laws, employees of social media websites and technology companies can be held criminally liable for failing to comply with the government’s orders.
“It is everyone’s responsibility to abide by the laws passed by the country’s Parliament,” India’s IT minister, Ashwini Vaishnaw, told reporters Tuesday, when he was asked about the lawsuit.
Prime Minister Narendra Modi’s government has sought for years to control social media and has often directed Twitter to take down tweets or accounts that appear critical of his party and administration.
Twitter complied with most of those orders in the past but also resisted others and has called the new rules a “potential threat to freedom of expression.” The company has removed content related to anti-government farmer protests and tweets criticising the Modi administration’s handling of the pandemic.
The Indian government has called the new rules necessary to tackle disinformation, hate speech and other troubles. Officials have warned Twitter that non-compliance with the rules could mean that the company would lose its liability protections as an intermediary, meaning Twitter could face lawsuits over content.
Relations between the Indian government and Twitter have been thorny since the laws were passed.
In May last year, police raided Twitter’s office after the company labelled a tweet by Modi’s party spokesman as “manipulated media.”
That same month, WhatsApp sued the Indian government to defend what it said was its users’ privacy and stop new rules that would require it to make messages “traceable” to external parties. That case is still pending in an Indian court.
Experts have criticised the new rules and said they amount to censorship. They have also accused the Modi government of silencing criticism on social media, particularly Twitter. Modi’s party denies the claim.
Police in New Delhi last week arrested a journalist over a tweet from 2018 that an anonymous Twitter user alleged was hurtful to sentiments of a “particular religion.” | https://cw33.com/technology/ap-technology/reports-twitter-challenges-india-order-to-block-content/ | 2022-07-06T10:43:25Z |
NEW YORK, May 27, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Amazon.com, Inc. (NASDAQ: AMZN).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/amazon-com-inc-loss-submission-form/?id=27765&from=4
The lawsuit seeks to recover losses for shareholders who purchased Amazon between February 1, 2019 and April 5, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 5, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Amazon.com, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) Amazon engaged in anticompetitive conduct in its private-label business practices, including giving Amazon products preference over those of its competitors and using third-party sellers' non-public data to compete with them; (ii) the foregoing exposed Amazon to a heightened risk of regulatory scrutiny and/or enforcement actions; (iii) Amazon's revenues derived from its private-label business were in part the product of impermissible conduct and thus unsustainable; and (iv) as a result, the defendants' public statements throughout the class period were materially false and/or misleading.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/05/27/amzn-shareholder-alert-jakubowitz-law-reminds-amazon-shareholders-lead-plaintiff-deadline-july-5-2022/ | 2022-05-27T10:38:33Z |
Vendors selected for the "Hot Vendor" report are noteworthy, visionary and innovative
SAN FRANCISCO, June 7, 2022 /PRNewswire/ -- Cresta, a pioneer of real-time intelligence for contact centers, today announced it has been included in the list of "Hot Vendors" in the 2022 "Hot Vendors in AI for the Contact Center" report by Aragon Research, Inc. The report emphasized Cresta's AI-driven real-time Agent Assist, and identified real-time coaching, sentiment analysis and accelerated onboarding capabilities as features that stand out among their peers.
Contact centers are increasingly embracing AI as they seek to improve every customer interaction. Cresta's AI-driven platform helps contact center teams create better customer experiences, and unlock revenue opportunities. The platform provides dynamic, live guidance to agents based on the best practices of top performers. Cresta also provides real-time visibility for managers to track agent and customer interactions, delivering key insights to improve every conversation.
According to the report, "what makes Cresta hot is its real-time agent assist features which include sentiment analysis alongside a comprehensive set of artificial intelligence features, including objection handling, intent, and knowledge base lookup." Cresta reduces onboarding time by providing agents with on-the spot learning opportunities and drives better customer service. The report also noted that Cresta provides managers with real-time visibility of all conversations, as well as real-time agent performance management.
"Being part of Aragon Research's Hot Vendor report validates the power and innovation Cresta is delivering to contact center agents and managers," said Zayd Enam, CEO and co-founder of Cresta. "This is a pivotal moment for the contact center - by pointing out the strengths of Cresta's AI-driven real-time intelligence platform, Aragon is underscoring how companies are increasingly embracing new technologies for agents and managers to stay ahead of unprecedented demand by customers for highly efficient, productive and personalized engagements."
Customers using Cresta see an increased CSAT on average by 15%, reduced ramp time by 3X, increased sales by 10%, and agents saving 3-5 hours in repetitive tasks every week. CarMax, Blue Nile, Earthlink, Holiday Inn Club Vacations, Porsche, and Intuit are among the leading companies using Cresta to improve the productivity of their contact center operations.
About Aragon Research
Aragon Research delivers high-impact visual research, consulting, and advisory services to provide enterprises the insight they need to make better technology and strategy decisions. Aragon Research serves business and IT leaders and has a proven team of veteran analysts. For more information, visit https://www.aragonresearch.com.
About Cresta
Cresta makes every customer interaction excellent. Cresta turns real-time intelligence into real-time action to make the contact center smarter – and every agent and manager more productive. Powering customer experiences for companies like CarMax, Blue Nile, Earthlink, Intuit, and Porsche, Cresta is real-time AI for the real world.
For more information, please visit: https://cresta.com.
Follow our blog and connect with us on LinkedIn and Twitter.
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SOURCE Cresta | https://www.kxii.com/prnewswire/2022/06/07/cresta-named-hot-vendor-ai-contact-center-by-aragon-research/ | 2022-06-07T16:18:29Z |
NEW YORK, July 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Inotiv, Inc..
Shareholders who purchased shares of NOTV during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: September 21, 2021 to June 13, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Inotiv's acquisition, Envigo RMS, LL ("Envigo"), and Inotiv's Cumberland, Virginia facility (the "Cumberland Facility") engaged in widespread and flagrant violations of the Animal Welfare Act ("AWA"); (2) Envigo and Inotiv's Cumberland Facility continuously violated the AWA; (3) Envigo and Inotiv did not properly remedy issues with regards to animal welfare at the Cumberland Facility; (4) as a result, Inotiv was likely to face increased scrutiny and governmental action; (5) Inotiv would imminently shut down two facilities, including the Cumberland Facility; (6) Inotiv did not engage in proper due diligence; and (7) 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.
DEADLINE: August 22, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/inotiv-loss-submission-form/?id=29530&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of NOTV during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is August 22, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.kxii.com/prnewswire/2022/07/06/shareholder-alert-gross-law-firm-notifies-shareholders-inotiv-inc-class-action-lawsuit-lead-plaintiff-deadline-august-22-2022-nasdaq-notv/ | 2022-07-06T10:25:23Z |
MADRID (AP) — Francisco Seoane and his fellow passengers got a fright when their train stopped in the Spanish countryside and they looked out the window: Wildfires were encroaching on them from both sides of the track.
“It was really scary to see how quickly the fire spread. Just in the blink of an eye, a new bush began burning. It was a matter of seconds,” the Spaniard told The Associated Press on Monday.
“It suddenly become night,” he added. “And we could even smell the smoke” inside the railcar.
Video of the unscheduled — and unnerving — stop shows about a dozen passengers in Seoane’s railcar becoming alarmed as they look out of the windows.
Flames licked at the vegetation, and smoke darkened the blue skies as the train drew to a halt on Monday morning in the province of Zamora, where blazes have charred large areas of woodland in recent days. That province has recorded two deaths from wildfires in the past two days: a 69-year-old shepherd and a 62-year-old firefighter trapped in the flames.
With no passenger announcements coming over the train’s public address system, Seoane said passengers became agitated and began to stand up in the aisle.
An Adif spokeswoman told The AP that passengers were never in danger.
More than 30 forest fires around Spain have forced the evacuation of thousands of people and blackened some 22,000 hectares (54,300 acres) over the past week.
___
Follow all AP stories on climate change at https://apnews.com/hub/climate-and-environment | https://cw33.com/news/international/ap-international/help-spaniards-spooked-when-their-train-stops-in-wildfire/ | 2022-07-19T01:22:06Z |
Atlas V precisely delivered the last of six SBIRS missions to orbit completing the constellation in support of the warfighter
CAPE CANAVERAL SPACE FORCE STATION, Fla., Aug. 4, 2022 /PRNewswire/ -- A United Launch Alliance (ULA) Atlas V rocket carrying the Space Based Infrared System Geosynchronous Earth Orbit-6 (SBIRS GEO 6) mission for the U.S. Space Force's Space Systems Command lifted off on Aug. 4 at 6:29 a.m. EDT from Space Launch Complex-41 at Cape Canaveral Space Force Station. To date ULA has launched 152 times with 100 percent mission success.
"Thank you to our U.S. Space Force and industry partners for their outstanding teamwork in successfully delivering the sixth and final SBIRS satellite to orbit," said Gary Wentz, ULA vice president of Government and Commercial Programs. "We are proud of our role in supporting the warfighter by launching the entire SBIRS satellite constellation, a critical constellation of missile warning satellites that expands the U.S. military's situational awareness on the battlefield and beyond."
"This launch marked ULA's 95th U.S. National Space Security launch," added Wentz. "As the Air Force is gearing up to celebrate its 75th anniversary, we are honored to have been entrusted to deliver the vast majority of our nation's critical assets to orbit. Our customer's missions are vital to ensuring the safety of our women and men in harm's way serving our country."
Leveraging a legacy of 100 percent mission success launching more than 150 missions to explore, protect and enhance our world, ULA is the nation's most experienced and reliable launch service provider with world-leading reliability, schedule confidence, and mission optimization. We deliver value unmatched by any launch services company in the industry, a tireless drive to improve, and commitment to the extraordinary.
For more information on ULA, visit the ULA website at www.ulalaunch.com, or call the ULA Launch Hotline at 1-877-ULA-4321 (852-4321).
Photos available on the ULA Flickr page.
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SOURCE United Launch Alliance (ULA) | https://www.wibw.com/prnewswire/2022/08/04/united-launch-alliance-successfully-launches-missile-warning-satellite-us-space-force/ | 2022-08-04T17:51:43Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Rivian Automotive, Inc. ("Rivian" or the "Company") (NASDAQ: RIVN). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Rivian and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On or around November 10, 2021, Rivian conducted its initial public offering ("IPO") of 153 million shares priced at $78.00 per share. Unbeknownst to investors, the Registration Statement failed to disclose, among other things, that the Company's electric vehicles were underpriced to such a degree that Rivian would have to raise prices shortly after the IPO and that these price increases would tarnish Rivian's reputation as a trustworthy and transparent company and would put a significant number of the existing backlog of 55,400 preorders along with future preorders in jeopardy of cancellation. Since the IPO, Rivian's stock price has closed as low as $42.21 per share, down nearly 46% from the $78.00 offering price.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP | https://www.wibw.com/prnewswire/2022/04/12/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-rivian-automotive-inc-rivn/ | 2022-04-12T02:17:49Z |
THESSALONIKI, Greece (AP) — A migrant was killed by gunfire at the Greece-Turkey border while she and several others attempted to cross a river separating the two countries, Greek police said Sunday.
It wasn’t immediately clear who fired the shot that killed the woman on Saturday night. An autopsy showed that the victim was shot in the back with a small-caliber weapon.
Greek police were patrolling the area where the Evros River, which is called Meric in Turkish, narrows to about 60 to 70 meters (around 200 feet) wide and through which many migrants attempt to cross, according to a police statement and additional information provided to The Associated Press by a police officer on condition of anonymity. The officers spotted numerous migrants on the Turkish side shortly before 9 p.m.
Police said 11 people embarked on an inflatable dinghy, and officers directed flashlights at the boat and started shouting “Police. Go back.” In response, said the police officer, a “barrage” of shots erupted from the Turkish side. The Greek police patrol couldn’t detect the source of the shots in the darkness and fell to the ground to protect themselves, shooting warning shots in the air, according to the statement which the officer corroborated.
The dinghy came close to the Greek shore and five people disembarked — four made it to the shore while a fifth person was seen floating in the water. Police reached the body with some difficulty, according to the statement, and when they pulled it to the shore they determined that it belonged to a woman and that she was dead.
Police questioned the four survivors — three Pakistani males, one of them a minor (17 years old), and a woman from Eritrea. It wasn’t known what happened to the other six people who tried to cross, but authorities don’t believe they entered Greece.
Coroner Pavlos Pavlidis, who performed the autopsy on the woman in the northeastern city of Alexandroupolis, told the AP that the victim was between the ages of 20 and 25 and that she was most likely from one of the Horn of Africa countries.
She had a wound “in the upper right (back) area. She was shot from close distance and died almost instantly from post-hemorrhagic (blood loss) shock,” Pavlidis said.
___
Demetris Nellas reported from Athens, Greece.
___
Follow Costas Kantouris at https://twitter.com/CostasKantourisand AP’s global migration coverage at https://apnews.com/hub/migration | https://cw33.com/news/international/ap-international/greek-police-migrant-shot-dead-while-crossing-from-turkey/ | 2022-04-17T20:27:00Z |
CHARLOTTE, N.C., July 28, 2022 /PRNewswire/ -- GCG Advisory Partners ("GCG") is pleased to announce that it has received a strategic investment from LNC Partners ("LNC"), a private equity firm focused on founder-led middle-market financial and business services companies, to support its continued growth and acquisition strategy. GCG offers a differentiated platform that aims to provide liquidity and succession planning for established advisors, as well as flexible and best-in-class technology and tools to support entrepreneurial advisors desiring to accelerate the growth of their businesses. The investment will be used to accelerate GCG's acquisition pace, as well as enhance the company's "Monetize & Stay" platform strategy.
"LNC's tailored investment structure and deep experience in the financial services sector clearly differentiated their firm from other potential investors. We went through an exhaustive process interviewing numerous potential capital partners, and from our first interaction with LNC, we knew they were the ideal partners for GCG. We are excited for their partnership and support as GCG continues to become a leader in the wealth management space," said Joel Burris, Managing Partner at GCG Advisory Partners.
The investment from LNC provides GCG with significant resources to accelerate its growth strategy and the company is actively seeking like-minded owners who desire to monetize all or a portion of the practice they built. GCG employs a flexible partnership model and tailors deal structure to meet the unique needs of each advisor, whether that be a full exit and transition of their book of business to a junior advisor or gaining access to GCG's robust platform of back and middle office functions to focus on serving clients and growing revenue.
Matt Kelty, Managing Partner of LNC Partners, noted, "We have been very impressed with GCG Advisory Partners and their proven track record of growth, and believe the company is well-positioned to continue building a superior financial services platform for its clients and advisors. We are ecstatic about our partnership with GCG Advisory Partners and look forward to helping Joel and the entire team execute on their vision."
GCG Advisory Partners, LLC is an organization focused on legacy, succession, and M&A in the Hybrid and Independent RIA space. GCG provides capital, acquisition/succession strategies, and a robust technology platform for its partnering advisors. Additionally, GCG offers a support system and team environment to reduce advisors' operational headaches. GCG Advisory Partners is the parent company to GCG Wealth Management in addition to other financial services companies. With 9 office hub locations throughout the Southeast, the firms' advisors serve individual clients and small business owners throughout the country. For more information about GCG Advisory Partners or to value your practice, please visit www.GCGAP.com.
LNC Partners is a private equity firm focused on assisting middle market companies achieve their potential by offering strategic support and flexible capital in the form of equity (majority or minority positions) and debt. The firm is based in Northern Virginia and has over $500 million of capital under management. LNC Partners invests across a broad range of service industries and typically provides between $5 million to $35 million of capital to companies that generate at least $2 million of EBITDA. More information on LNC Partners can be found at www.LNC-Partners.com.
MEDIA CONTACT
svazquez@gcgwm.com
704-688-0653
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SOURCE GCG Wealth Management | https://www.mysuncoast.com/prnewswire/2022/07/28/gcg-advisory-partners-announces-expansion-with-private-equity-firm-lnc-partners/ | 2022-07-28T18:42:14Z |
SUNNYVALE, Calif., Aug. 30, 2022 /PRNewswire/ -- Trimble (NASDAQ: TRMB) announced today that it has signed a definitive agreement to acquire privately-held Bilberry, a French technology company specializing in selective spraying systems for sustainable farming. The transaction is expected to close in the fourth quarter of 2022, subject to certain closing conditions and regulatory approval. Financial terms were not disclosed.
Farmers face a variety of challenges including rising production costs, increasing weed resistance to herbicides and expanding regulations to encourage more sustainable farming practices. These regulations target improving soil restoration, soil fertility and nutrient management as well as reducing the use of chemicals, particularly those that pose a risk for health or the environment. Selective spraying solutions are ideal to help farmers address these challenges.
Bilberry is a pioneer in applying artificial intelligence (AI) technology that identifies a wide variety of weed species in real time for a broad range of crop types. The system allows sprayers to be retrofitted with the technology to apply herbicide to only weeds (green-on-green) rather than spraying an entire crop or bare ground. It also enables farmers to visualize their crops on a weed density map so they can track the evolution of problem areas. Bilberry was one of the first companies to make this technology commercially available and case studies have shown that the system can reduce the use of herbicides by more than 80 percent, while protecting the environment and significantly lowering input costs for farmers.
Trimble provides technology solutions across the entire agricultural supply chain—from guidance and data management to application control and harvesting. As part of its crop protection portfolio, Trimble's WeedSeeker® system has been widely deployed. The system can identify plants on bare soil (green-on-brown) and can only be used prior to the crop emerging from the soil. The addition of Bilberry's AI technology and extensive worldwide weed database will extend Trimble's crop protection portfolio by providing selective spraying to identify differences in plants (green-on-green) and can be used throughout the spraying season as well as prior to crops emerging.
Combining the technology and strengths of Trimble and Bilberry will enable the development of new and exciting selective spraying solutions for farmers worldwide, who often struggle to integrate and use disparate hardware and software products across various brands of agricultural equipment.
"Our planned acquisition of Bilberry builds out Trimble's crop protection portfolio by adding green-on-green selective spraying capabilities and supports our development of autonomous solutions," said Jim Chambers, vice president of Trimble Agriculture. "The Bilberry solution is brand agnostic and compatible with a broad range of spraying equipment manufacturers, which is ideal for mixed fleet operations. This capability, together with existing Trimble competencies, will enable us to expand our role in the growing market for precision agriculture solutions that can reduce input costs, create efficiencies for our customers and drive sustainability in farming."
"Trimble is a leading provider of precision agriculture solutions, and we are excited about the opportunity to take our business to the next level. As customer demand continues to grow for selective spraying technology, we will be able to leverage relationships with Trimble's worldwide distribution channel," said Guillaume Jourdain, co-founder and CEO of Bilberry. "Our technology will offer farmers the ability to gain even more efficiencies out of their existing or new equipment with innovative spraying solutions that have a positive impact on the environment."
The Bilberry business will be reported as part of Trimble's Resources and Utilities segment.
Founded in Paris, France in 2016, Bilberry's mission is to help growers dramatically reduce the amount of chemicals sprayed on crops while improving the quality of their crop production and profitability. Using artificial intelligence and deep learning technology, Bilberry transforms crop protection by spraying at the plant level, instead of field level. In a world where broadcast spraying is no longer a viable option, Bilberry offers farmers an alternative solution by targeting and spraying weeds locally. The company's intelligent agriculture systems turn sprayers into smart engines that spray weeds directly without damaging crops. From green-on-brown to green-on-green applications, Bilberry's precision agriculture technology helps farmers control weed at various stages of growth. For more information, visit: www.bilberry.io.
Trimble's Agriculture Division provides solutions that solve complex technology challenges across the entire agricultural supply chain. The solutions enable farmers and advisors to allocate scarce resources to produce a safe, reliable food supply in a profitable and environmentally sustainable manner. Covering all seasons, crops, terrains and farm sizes, Trimble solutions can be used on most equipment on the farm, regardless of manufacturer. To enable better decision making, Trimble offers technology integration that allows farmers to collect, share, and manage information across their farm, while providing improved operating efficiencies in the agricultural value chain. Trimble solutions include guidance and steering, desktop and cloud-based data management, flow and application control, water management, harvest solutions and correction services. For more information on Trimble Agriculture, visit: www.trimble.com/agriculture.
Trimble (NASDAQ:TRMB) is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation. For more information about Trimble, visit: www.trimble.com.
This press release contains forward-looking statements regarding the business operations and prospects of Trimble, including whether or when the closing of the acquisition will occur and the potential impacts of the acquisition on expanding Trimble's precision agriculture capabilities. These forward-looking statements are subject to change, and actual results may materially differ due to certain risks and uncertainties. Factors that could cause or contribute to changes in such forward-looking statements include, but are not limited to (i) the timing for completing closing conditions and obtaining regulatory approval, (ii) realizing the anticipated benefits of the acquisition, including Trimble's ability to combine solutions, extend its crop protection portfolio and develop new selective spraying solutions, (iii) the growth prospects for selective spraying solutions and ability to expand sales of Bilberry solutions by leveraging worldwide distribution channels, and (iv) the risks and uncertainties associated with unexpected expenditures or assumed liabilities that may be incurred as a result of the acquisition. More information about potential factors which could affect Trimble's business and financial results is set forth in reports filed with the SEC, including Trimble's quarterly reports on Form 10-Q and its annual report on Form 10-K. All forward-looking statements are based on information available to Trimble as of the date hereof, and Trimble assumes no obligation to update such statements.
GTRMB
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SOURCE Trimble | https://www.wibw.com/prnewswire/2022/08/30/trimble-acquire-bilberry-extend-its-selective-spraying-capabilities-sustainable-farming/ | 2022-08-30T11:22:44Z |
NEW YORK, Aug. 23, 2022 /PRNewswire/ -- Weiss Law, a national shareholders' rights law firm, is investigating possible breaches of fiduciary duty and violations of the federal securities laws by the Board of Directors and certain Company officers of Lottery.com Inc. (NASDAQ: LTRY) ("Lottery.com" or the "Company") relating to: (i) an admitted lack of adequate internal controls and procedures over financial reporting, including the failure to report entry into to a line of credit, failure to properly recognize revenue and the reporting of cash, and the inability to continue as a going concern; and (ii) noncompliance with state and federal laws governing the sale of lottery tickets.
If you own Lottery.com shares and wish to discuss this investigation, or share information which you have, or if you have any questions concerning this notice or your rights or interests, visit our website at
https://www.weisslaw.co/news-and-cases/ltry
Or contact:
Josh Rubin, Esq. stocks@weisslaw.co
(212) 682-3025
THERE IS NO COST OR OBLIGATION TO YOU
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients. For more information about the firm, please go to: http://www.weisslaw.co
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SOURCE Weiss Law | https://www.kxii.com/prnewswire/2022/08/23/shareholder-alert-weiss-law-investigates-lotterycom-inc/ | 2022-08-24T00:21:15Z |
At a time when there is much discussion around politics and women's rights, one of the most famous figures in both of those arenas is celebrating the courage of women.
Hillary Clinton and her daughter Chelsea Clinton have teamed up with Apple TV+ for the eight-episode docuseries "Gutsy," based on their New York Times bestseller, "The Book of Gutsy Women."
The pair talked to CNN this week about the series and heir own gutsy moments.
"In my private life, as I've said before, staying in my marriage was really gutsy, it was a hard decision," Hillary Clinton said. "It took a lot of prayer and thought and counseling. I'm very glad I made the decision, I have no regrets, but it was gutsy because everyone else in the world had an opinion."
"On the public, running for president," she added. "I mean gosh, it was like being on the highest tight rope with no net because no [woman] had ever done it before and it was filled with all types of unprecedented challenges and issues. But I'm so grateful I got a chance to do that."
Chelsea Clinton, who grew up with tremendous scrutiny when her father Bill Clinton served as President from 1993 to 2001, said the guttiest thing she has ever done has been "to lead my life."
"I was a public figure from the moment I was born because of the choices my parents made professionally, publicly, politically," Clinton, now 42 and a mother of three children, added. "So from the time I was a little girl, I was aware that people had opinions about kind of what I should be doing and what was appropriate for me to be doing."
The heightened judgment and scrutiny many women face is a big part of the series as the mother-daughter duo travel the world talking to women, both famous and not, about their lives, careers and thoughts.
The first episode takes on women and humor. We learn that Chelsea Clinton grew up with a love of knock-knock jokes and a complicated relationship with comedy, thanks to being lampooned as a child on shows like "SNL."
Another episode includes rapper Megan Thee Stallion and talk turns to haters.
Chelsea Clinton told CNN she was inspired by how the rapper refuses to let haters stop her joy. It's a lesson she has learned as she often reminds herself that "the most hateful people I've never met, they don't know me."
"Their commentary as both substance and demeanor, often with a lot of cruelty and bile, is about them and not about me," the younger Clinton said. "It's not about me, it's a reflection on them."
Hillary Clinton said she learned early in her public life that she should "take criticism seriously, but not personally."
"If somebody has a legitimate point to make then I should lean from it," she said. "But so much of what goes on in the world today, particularly politics, is nothing but personal destruction."
So it was important to the Clintons that they highlight the stories of modern remarkable women, as they did with some of the historical figures they featured in their book.
Hillary Clinton believes viewers will find inspiration in their new series.
"I think one of the things we hope in the series is that people who are maybe down, or maybe struggling or worried about criticism that they get, will find ways of dealing with it, whether it's from Megan Thee Stallion or from Chelsea and me," she said.
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/hillary-and-chelsea-clinton-know-what-it-takes-to-be-gutsy/article_6df3e38f-1792-5d42-b47c-99ea50b637aa.html | 2022-09-08T16:53:58Z |
Mainline expanding in Topeka, creating estimated $104 million economic impact
TOPEKA, Kan. (WIBW) - The Topeka and Shawnee County Joint Economic Development Organization has approved an incentive agreement to aid the expansion of Mainline Printing, a family-owned printing and packaging business that also includes Mainline Holographics and Mainline Signs.
Previously referred to as “Project Tree,” this expansion project is expected to result in an estimated economic impact of $104 million over 10 years, with Mainline projected to make a $10 million investment over the next five years.
The expansion will create up to 20 new full-time jobs with an average salary of $40,000, plus benefits. The performance-based JEDO incentive for this project is up to $250,000, resulting in a 298% return on investment.
“I’ve been impressed with the entire incentive process, as well as current efforts to keep momentum rolling in the Topeka area,” John Parker, Jr., Mainline’s chief operating officer, said. “As a family business that has called Topeka home for more than 60 years, Mainline is excited to carry on that legacy, as we continue to create new opportunities for employment and advancement.”
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/13/mainline-expanding-topeka-creating-estimated-104-million-economic-impact/ | 2022-07-13T23:41:34Z |
Recycles capital from mature asset in U.S. to reinvest in growing, global platform
AUSTIN, Texas, Aug. 8, 2022 /PRNewswire/ -- Digital Realty (NYSE: DLR), the largest global provider of cloud- and carrier-neutral data center, colocation and interconnection solutions, announced today it has entered into a definitive agreement to sell a non-core, mixed-use data center property in a transaction valuing the asset at approximately $205 million. The property is expected to generate 2022 cash net operating income of approximately $10.7 million, representing a 5.2% cap rate.
Digital Realty originally acquired the 370,000 square foot facility in 2004, prior to its IPO. The majority of the rental revenue is derived from a Tier III Powered Base Building data center, while a portion of the property is leased to commercial and retail tenants on a longer-term basis.
"This disposition opportunistically recycles an operationally mature asset to fund strategic investments aimed at enhancing our longer-term growth profile," said Digital Realty Chief Investment Officer Greg Wright. "Since 2018, Digital Realty has sold approximately $4 billion of assets and redeployed proceeds into highly connected facilities around the world, providing our customers with a global, full spectrum data center solution."
Digital Realty expects proceeds from the transaction will initially be used to pay down debt and will ultimately be used to fund future investment activity.
The transaction is expected to close in the third quarter of 2022 and is subject to customary closing conditions. Eastdil Secured served as advisor to Digital Realty on the transaction.
About Digital Realty
Digital Realty brings companies and data together by delivering the full spectrum of data center, colocation and interconnection solutions. PlatformDIGITAL®, the company's global data center platform, provides customers with a secure data "meeting place" and a proven Pervasive Datacenter Architecture (PDx™) solution methodology for powering innovation and efficiently managing Data Gravity challenges. Digital Realty gives its customers access to the connected communities that matter to them with a global data center footprint of 300+ facilities in 50+ metros across 27 countries on six continents. To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and Twitter.
For Additional Information
Investor Relations
Jordan Sadler / Jim Huseby
Digital Realty
+1 737 281 0101
InvestorRelations@digitalrealty.com
Media Contacts
Helen Bleasdale
Digital Realty
+1 737 267 6822
hcbleasdale@digitalrealty.com
Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the disposition, expected benefits, use of proceeds and the company's strategy. For a list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Digital Realty | https://www.mysuncoast.com/prnewswire/2022/08/08/digital-realty-announces-non-core-disposition/ | 2022-08-08T11:45:53Z |
SHANGHAI, Sept. 15, 2022 /PRNewswire/ -- JD's first Shopping Festival of Agricultural Specialties kicked off on September 7. As part of the festival, Dada Group's (Nasdaq: DADA) JDDJ and Shop Now are providing on-demand retail and delivery services, together with more than 150,000 stores in 1,700 cities and counties. From September 7th to 25th, consumption vouchers worth billions of yuan RMB for agricultural specialties will be doled out to consumers.
In addition to vouchers, JDDJ and Shop Now created a series of marketing campaigns including the "Fruit Festival" and "Fresh Food Week," introducing more high-quality agricultural specialties to consumers and increasing the sales for physical stores.
During the festival, consumers will receive more discounts on various farm products, including fresh fruits and vegetables, seafood, cereals and oils, tea and honey.
Dada Now riders will distribute leaflets when delivering the orders, in order to attract more consumers to join the Shopping Festival. Through innovative omni-channel marketing approaches, JDDJ and Shop Now are leveraging their capabilities to assist both farmers and traditional stores in achieving income growth.
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SOURCE DADA GROUP | https://www.wibw.com/prnewswire/2022/09/15/jddj-teams-up-with-150000-stores-boost-sales-agricultural-specialties/ | 2022-09-15T10:44:50Z |
WESTWOOD, Mass., July 25, 2022 /PRNewswire/ -- Heritage Financial Services, an independent wealth management firm focused on providing personalized financial advice and experienced investment management to affluent families is excited to announce the opening of a new office in Rockland, MA.
With existing offices in Westwood, MA and Woburn, MA, the Rockland office is the firm's third location in and around the Greater Boston area.
"Over the past few years Heritage Financial has experienced record growth in number of clients, assets under management, and employees. This expansion of our footprint is a logical next step for the future growth of the firm," said Chuck Bean, CEO. "We've been looking to expand our physical presence to neighborhoods south of the city of Boston for some time now and are thrilled the time has finally come. We look forward to servicing our clients and meeting with prospective clients in and around the south shore of Boston from our new office space."
Heritage Financial Services is an independent wealth management firm with over $2 billion in assets under management. Heritage works closely with affluent families by coordinating and managing all aspects of their wealth, retirement, and financial security. Driven by core values of teamwork, integrity, and excellence, the team builds lifelong relationships with clients and their other trusted advisors to help simplify, organize, and instill confidence in their often-complex financial lives.
Media Contact:
HFSMedia@heritagefinancial.net
Phone: 781-619-1349
www.heritagefinancial.net
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SOURCE Heritage Financial Services | https://www.wibw.com/prnewswire/2022/07/25/heritage-financial-opens-office-rockland-ma/ | 2022-07-25T11:38:09Z |
Man sentenced for shooting friend in head while playing with gun
By Zoe Brown
Click here for updates on this story
KANSAS CITY, Missouri (KCTV) — A man has been sentenced to more than two and a half years in prison after he shot his friend in the head while playing with a handgun, according to Leavenworth County Attorney Todd Thompson.
The victim survived the through-and-though gunshot wound after multiple surgeries, but still has long-term injuries.
Christopher Allen Kelly-Bush, 23, was sentenced to 32 months in prison and he will be a registered violent offender.
Kelly-Bush pleaded guilty to one count of reckless aggravated battery on March 11 of this year. That charge means “causing great bodily harm doing a reckless act.”
According to County Attorney Thompson, Kelly-Bush and the victim were sitting on a porch with other friends on June 19, 2020.
Kelly-Bush was playing with a Glock, taking the magazine out and replacing it before pressing the trigger. During one of those times, a bullet was chambered. When Kelly-Bush pulled the trigger, he shot the victim in the head.
“There’s no excuse for a crime like this,” said County Attorney Thompson. “None. No one should be playing with guns. You must always assume it is a loaded firearm. Our victim is still suffering and Kelly-Bush is going to prison.”
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/05/04/man-sentenced-for-shooting-friend-in-head-while-playing-with-gun/ | 2022-05-05T00:48:43Z |
NEW YORK, April 21, 2022 /PRNewswire/ -- Noodle, the country's fastest-growing online learning network, announced today the appointment of Catie Starr as Chief Marketing Officer. Reporting to COO and President Keri Hoyt, Catie will lead Noodle's student acquisition efforts, supporting dozens of University partners and managing the marketing campaigns for more than 80 academic programs.
"The single highest cost in higher education today is student acquisition and with Catie's hire, we are focused on helping Noodle (and by extension our university parties) drive down costs by using innovation to creatively find, attract and enroll students into our programs," said Hoyt. "We are confident that Catie will make an immediate impact and are excited to see what she can do."
Hoyt added, "I am so proud to work for a company in which women leaders have such strong representation and am thrilled to welcome yet another accomplished and powerful woman to our executive team."
Starr has spent her career helping financial services and education companies accelerate their growth through customer acquisition, retention, and cross-sell marketing efforts. With more than 15 years of marketing experience, Starr has held growth marketing positions at brands such as Discover, Charles Schwab, and GE and helped launch new products and business lines across credit cards, deposit, and lending products. Starr spent more than three years at Wiley where she was the head of marketing for the Education Services business and most recently served as SVP, Growth Marketing at OppFi, where she led a shared services marketing organization focused on customer acquisition and portfolio marketing.
Catie received her Bachelor of Arts in advertising from Bradley University and has an MBA with a concentration in marketing management from San Diego State University.
About Noodle:
Noodle is a certified B Corp that creates excellent online and agile programs that elevate campus-wide teaching and technology. Since January 2019, Noodle has launched as many online programs with elite U.S. universities as have all of its competitors combined. Its network of universities, higher education leaders, providers, and students fuels innovation and efficiency in learning design, marketing, recruitment, technology, student and faculty support, and clinical placement. Follow Noodle on LinkedIn and Twitter.
MEDIA CONTACT:
Alissa Pinck
Noodle
apinck@noodle.com
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SOURCE Noodle | https://www.wibw.com/prnewswire/2022/04/21/noodle-appoints-catie-starr-chief-marketing-officer/ | 2022-04-21T14:27:03Z |
BELGRADE, Serbia (AP) — An early official count of Serbia’s national election on Monday confirmed the landslide victory of President Aleksandar Vucic and his populist party — important allies of Russia in the volatile Balkans and in Europe.
Vucic scored an outright victory in Sunday’s presidential vote with the backing of nearly 60% of the voters, while his Serbian Progressive Party gained 43% of ballots, according to a near-complete tally of the state election authorities.
The results mean that no runoff vote is needed in the presidential election and that Vucic’s party will be able to form the next Serbian government in a coalition with junior partners in the 250-member assembly.
The main opposition group, United for Serbia’s Victory, trailed the populists in the parliamentary election with some 13% of the votes. The group’s presidential candidate Zdravko Ponos gained 17%, the official results showed.
Despite being so far behind nationally, the opposition groups appeared to be in a tight race with the populists in the capital, Belgrade, where ballots are still being counted.
Both the opposition groups and independent observers have listed a series of irregularities and incidents, including violent ones. The ruling party has denied vote manipulation or pressuring voters.
Since the party came to power in 2012, Vucic has gradually clamped down on mainstream media and institutions, assuming complete control over the years. A former ultranationalist, Vucic has served as defense minister, prime minister and president.
Russian President Vladimir Putin on Monday congratulated Vucic, saying that the outcome confirms a “broad public support” for his independent foreign policies. The Russian leader voiced hope that Vucic’s activities will help further strengthen the “strategic partnership” between Russia and Serbia.
Portraying himself as a guarantor of peace and stability amid the war in Ukraine, Vucic has refused to join Western sanctions against Russia despite formally seeking membership in the European Union for Serbia.
After declaring victory on Sunday evening, he said the new government will face tough decisions but will seek to maintain friendly relations with historically close Slavic ally Russia.
Most of the parties running in the election were right-leaning, reflecting the predominantly conservative sentiments among Serbia’s 6.5 million voters. For the first time, however, a green-left coalition made it into the parliament, reflecting rising public interest in neglected environmental problems in the Balkan country.
Turnout was nearly 60%, which is higher than recent votes. | https://cw33.com/news/international/ap-international/early-official-tally-confirms-win-for-serbia-populist-leader/ | 2022-04-04T13:40:09Z |
NEW YORK, Aug. 9, 2022 /PRNewswire/ -- United Spinal Association announced today the appointment of Vice President of Tech Access, Adina Bradshaw, Director of Chapter Relations, Erin Gildner, and Director of Employment and DEI Programs, Lesly St. Louis to its staff.
The new staff appointments will ensure that the disability community is positioned to make its voice heard on new innovations and is fairly represented in Diversity, Equity, and Inclusion (DEI) initiatives. They will also help address the exclusion of people with disabilities from the labor market and the digital divide in technology.
United Spinal's local chapters will play a supportive role in advancing these organizational goals.
"United Spinal is on the forefront of addressing the most pressing social issues affecting our community. We have oriented towards two areas that will have the greatest long-term impact on the future of people with mobility disabilities, and we have brought on new leaders to steer this work to its liberatory conclusion. I welcome the arrival of Adina, Erin and Lesly to help us pioneer this work and redefine our organization," said Vincenzo Piscopo, President and CEO of United Spinal Association.
Adina Bradshaw, MS CCC-SLP, ATP, CPACC, joins United Spinal most recently from the Accessibility Center of Excellence at Twitter. She is a Speech-Language Pathologist with over 20 years of experience evaluating and implementing Assistive Technology solutions working at the Shepherd Center, public school districts, and private practice. Adina is dedicated to ensuring tech accessibility, awareness, and impact for those with mobility disabilities. She is licensed by Georgia, North Carolina, and South Carolina Boards of Speech-Language Pathology and Audiology, has a Certificate of Clinical Competence from the American Speech-Language-Hearing Association, and holds a Georgia educator certificate. Adina is a RESNA certified Assistive Technology Professional and an IAAP Certified Professional in Accessibility Core Competencies.
In his new role at United Spinal, Lesly St. Louis will facilitate people with disabilities obtaining gainful employment, and to replace fear and prejudice against people with disabilities with mutual understanding. Having continuously encountered barriers from employers, he sees the common challenges individuals with disabilities have to overcome are not their disabilities, but the stigma surrounding them. His goal is to create employment opportunities that will increase confidence within these individuals and inspire them to conquer more challenges and achieve higher levels of success. Lesly was born with Spina Bifida, diagnosed with the most severe form called myelomeningocele, and is a wheelchair user. He holds a Master's degree from Long Island University, C.W. Post, and regularly participates in adaptive sports. Through his involvement in adaptive sports, and in his professional life, he strives to advocate for individuals with disabilities and restore dignity through productivity.
Erin Gildner is a disability advocate with over a decade of experience in public health and Arkansas state government. Prior to joining United Spinal, Erin led the Equitable Maternal Health Coalition (EMHC) at March of Dimes. Erin's passion for her work and advocacy stems from her personal experience as a wheelchair user from a T11-12 spinal cord injury, and as a mother of a son who is visually impaired from retinopathy of prematurity. Erin holds a BA in Liberal Arts from the University of Arkansas at Little Rock and a Master of Public Administration from Arkansas State University. In 2015, she founded the Arkansas chapter of the United Spinal, presently serving as Vice President. Erin also sits on the Board of Directors for the Arkansas Disability Coalition and is a member of the Complete Streets Master Plan Steering Committee for the City of Little Rock.
Formed in 1946 by paralyzed veterans, United Spinal is a national 501(c)(3) nonprofit membership organization dedicated to empowering people with spinal cord injuries and disorders (SCI/D), including veterans, to live successful and fulfilling lives. Membership is free and open to all individuals with SCI/D, with over 53,000 members across 48 chapters nationwide. Known for its revolutionary advocacy efforts, United Spinal played a significant role in writing the Americans with Disabilities Act, provided important contributions to the Fair Housing Amendments Act and the Air Carrier Access Act, and was instrumental in attaining sidewalk curb ramps and accessible public transportation in New York City, which created the standard accessibility model used in many United States cities.
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SOURCE United Spinal Association | https://www.wibw.com/prnewswire/2022/08/09/united-spinal-association-appoints-vice-president-tech-access-director-chapter-relations-director-employment-dei-programs/ | 2022-08-09T19:06:21Z |
The podcast series includes engaging interviews with leading industry experts, specialists, general dentists and hygienists that share the benefits of laser technology in dentistry
LAKE FOREST, Calif., June 13, 2022 /PRNewswire/ -- BIOLASE, Inc. (NASDAQ: BIOL), the global leader in dental lasers, announced today that due to growing demand for its market leading laser technology, BIOLASE is producing a podcast series aimed at discussing cutting-edge protocols, technologies, and approaches to improving and advancing dental care. The episodes are available on Spotify and Apple Podcast platforms and will focus on implementation and adoption of advanced laser technology in dental practices.
Each episode will be hosted by the engaging and knowledgeable Dr. Stephen John, Periodontist, with over 16 years of Waterlase experience and expertise. Listeners can expect up to an hour of free education in a variety of topics via conversational interviews with top dental educators and laser experts. Guests will share how they successfully treat patients, how they improve the patient experience, and how they grew their practices with the incorporation of Waterlase and Epic laser technology. Listeners will gain insight to new technologies, trending topics and procedures in modern dentistry in a fun, conversational, and approachable format.
"With the creation of the Advancing Dentistry Podcast, BIOLASE is once again leading the path to improve the standard of care in dentistry and is positioned to advance our commitment to dental education," commented John Beaver, President and Chief Executive Officer. "Offering education in the podcast format will further our global reach and educate customers on the industry-leading standard of Waterlase and Epic laser dentistry."
To date, 7 episodes are available beginning with a 3-part Peri-implantitis Management series with BIOLASE Chief Dental Officer Dr. Sam Low. This is followed by a 2-part discussion with Dr. Howard Golan focused on restorative and soft tissue surgeries for the General Dentist with Waterlase. The most recent episodes are a 3-part exploration of the game-changing implementation of Epic diode lasers for the hygiene practice with Lynn Atkinson, an industry leading hygienist. Future episodes will focus on the benefits of Waterlase in the Pediatric practice with Dr. Ben Curtis and a panel discussion with graduates of the Waterlase Exclusive Trial Program that will share their experiences learning and implementing a Waterlase laser into their practice for a 45-day trial period.
All episodes are available at the following links:
Spotify: https://open.spotify.com/show/2NMPCmBVmq97XTPGTRTc61?si=453e5a658b0b4cf9
Apple: https://podcasts.apple.com/us/podcast/biolase-advancing-dentistry-podcast/id1602454926
Biolase Podcast Page: https://www.biolase.com/podcasts
To contact the Advancing Dentistry Podcast team for an interview or other queries, please contact marketing@biolase.com.
To learn more about BIOLASE's market-leading dental technology and Podcast, visit biolase.com.
About BIOLASE
BIOLASE is a medical device company that develops, manufactures, markets, and sells laser systems in dentistry and medicine. BIOLASE's products advance the practice of dentistry and medicine for patients and healthcare professionals. BIOLASE's proprietary laser products incorporate approximately 301 patented and 32 patent-pending technologies designed to provide biologically and clinically superior performance with less pain and faster recovery times. BIOLASE's innovative products provide cutting-edge technology at competitive prices to deliver superior results for dentists and patients. BIOLASE's principal products are revolutionary dental laser systems that perform a broad range of dental procedures, including cosmetic and complex surgical applications. BIOLASE has sold over 43,300 laser systems to date in over 80 countries around the world. Laser products under development address BIOLASE's core dental market and other adjacent medical and consumer applications.
For updates and information on Waterlase iPlus®, Waterlase Express™, and laser dentistry, find BIOLASE online at www.biolase.com, Facebook at www.facebook.com/biolase, Twitter at www.twitter.com/biolaseinc, Instagram at www.instagram.com/waterlase_laserdentistry, and LinkedIn at www.linkedin.com/company/biolase.
BIOLASE®, Waterlase® and Waterlase iPlus® are registered trademarks of BIOLASE, Inc.
For further information, please contact:
Investor Relations:
EVC Group LLC
Michael Polyviou / Todd Kehrli
(732) 933-2754
mpolyviou@evcgroup.com / tkehrli@evcgroup.com
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SOURCE BIOLASE, Inc. | https://www.wibw.com/prnewswire/2022/06/13/biolase-announces-advancing-dentistry-podcast/ | 2022-06-13T11:11:18Z |
September 23 & 24, 2022
OSSINING, N.Y., Sept. 1, 2022 /PRNewswire/ -- The Story Box is a multi-genre storytelling event using text, visuals, music, and experiential learning to explore the importance of safeguarding our civil rights through the lens of Japanese American identity. Grounded in Writer and Performer Suzi Takahashi's own family history, and a traditional form of Japanese street theater and storytelling called kamishibai, The Story Box is deeply personal and universal for many immigrant families from across the globe.
Representing the relocation of Japanese Americans to internment camps during WWII, the audience will receive a name tag and suitcase, inside of which is a wireless headset and a family photo album. Each unique photo album documents an account of the problematic history of Asian people in the U.S., and more recently, the rise in anti-Asian violence during the pandemic.
Performed and delivered through Takahashi's own words transmitted via the headset, The Story Box asks audience members to reflect together on the stories in each suitcase. As the experience ends, the audience is invited to leave a story of their own behind for future audiences.
Performances are co-presented and produced by HERE Arts Center. The Story Box has been developed with support from Alfred University, Bethany Arts Community, Bristol Valley Theatre and National Park of Women's Rights. It is co-presented with Japan Society, Bronx Academy of Art and Dance, and NYC Economic Development Corporation and through partnerships with Asian American Arts Alliance, Chocolate Factory, Flushing Town Hall, National Lighthouse Museum, Snug Harbor Cultural Center, Staten Island Arts, and Target Margin Theater.
Written, created, and Performed by Suzi Takahashi
Developed with and Directed by Kristin Marting
Composed by Michaela Gomez
Production Manager Jonathan Cottle
Set and Costume Design by Jian Jung
Sound Design by Drew Weinstein
Stage Manager Elyse Durand
Assistant Director Elyse Durand
September 23, 6:30pm – Bethany Arts Community in the Garden of Peace and Love, 40 Somerstown Road, Ossining, NY
September 24, 4pm and 7pm – Ossining Waterfront Park, Ossining, NY
In an effort to make this program accessible to all, we ask that you pay what you can. Tickets here.
Bethany Arts Community's mission is to create a space and environment where the many forms of art can be learned, produced and flourish. Performances are presented as part of Bethany's 2022 Season of Justice.
Contact:
David Lyons
davidl@bethanyarts.org
914-944-4278
Bethanyarts.org
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SOURCE Bethany Arts Community | https://www.mysuncoast.com/prnewswire/2022/09/01/here-arts-center-bethany-arts-community-present-story-box/ | 2022-09-01T16:24:30Z |
"How can one possibly put how grateful they are to have been given the chance to go to school and buy their books, to have the chance to excel and get an education? To be the change they are hoping to make." - BMO Scholarship Funding Recipient
TORONTO, NEW YORK, and LONDON, Sept. 16, 2022 /PRNewswire/ - BMO Capital Markets will hold its 18th annual Equity Through Education (ETE) Trading day program on September 20, 2022 at its trading floor locations in Toronto, New York and London. On one trading day every year, BMO donates all North American and European institutional equity commissions to charitable organizations that provide scholarships, bursaries and leadership development to post-secondary students
"BMO's Equity Through Education trading day initiative illustrates our Purpose to Boldly Grow the Good, in business and life," said Dan Barclay, CEO and Group Head, BMO Capital Markets. "For 18 years we've been growing the good for students in need around the world, partnering with charities to raise money to provide financial aid and development programs that promote diversity and inclusion and help promising young people make progress."
ETE partners include The Jackie Robinson Foundation, Imperial College of London, Indspire, Lime Connect, the Loran Scholars Foundation, The Children's Aid Foundation of Canada, the Women in Capital Markets Return to Bay Street Program and the Financial Women's Association (FWA) which, through it's FWA/BMO Capital Markets Baruch Mentorship Program, has been mentoring and developing students for 20 years.
This year BMO has added a new partnership with social mobility charity The Brokerage to provide post-secondary scholarships and internships at BMO's London office for two students every year. The Brokerage has helped more than 85,000 students – many from Black, Asian or minority ethnic backgrounds -- through education, mentorship and other opportunities over the last 25 years.
"BMO is committed to helping the next generation reach their full potential," said Bill Smith, Head of BMO Financial Group's Capital Markets business for Europe, the Middle East, Africa and Asia. "In partnering with The Brokerage, we can help change the trajectories of young people who face barriers to higher education while providing work experience and inspiring students across the world to pursue an education and career in the field of their choice."
Since its inception in 2005, Equity Through Education has raised over C$28 million and helped more than 5000 students achieve their academic potential.
For more information about the program and to hear from some of the scholars, visit BMO Capital Markets' Our Culture web pages.
Serving customers for 200 years and counting, BMO is a highly diversified financial services provider - the 8th largest bank, by assets, in North America. With total assets of $1.07 trillion as of July 31, 2022, and a team of diverse and highly engaged employees, BMO provides a broad range of personal and commercial banking, wealth management and investment banking products and services to more than 12 million customers and conducts business through three operating groups: Personal and Commercial Banking, BMO Wealth Management and BMO Capital Markets.
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SOURCE BMO Financial Group | https://www.mysuncoast.com/prnewswire/2022/09/16/bmo-capital-markets-trading-floors-toronto-new-york-london-promote-equity-through-education-18th-year-provide-financial-aid-students/ | 2022-09-16T18:12:43Z |
Addition of News Broadcast and Culinary Talent Representation Businesses Diversifies 'Paradigm Entertainment' Portfolio, which includes 'Paradigm Talent Agency'
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Credit: Paradigm
LOS ANGELES, Sept. 8, 2022 /PRNewswire/ -- Paradigm Entertainment today announced the acquisition of BEST, an affiliate of Blue Equity, under which BEST's Napoli Management Group, Two Twelve Management & Marketing, and 3 Kings Entertainment business lines will become part of newly formed Paradigm Media Entertainment. Paradigm Media Entertainment is majority owned by Paradigm Entertainment, which has a majority interest in Paradigm Talent Agency.
Paradigm Talent Agency and Paradigm Media Entertainment will provide their respective clients access to the extensive entertainment, publishing, brand partnership, and news media services of each business.
The 'Paradigm Media Entertainment' entertainment, broadcasting, and marketing businesses will be headed by Napoli Management Group's Mendes J. Napoli, Two Twelve Management & Marketing's Scott Feldman and 3 Kings Entertainment's Matthew Kingsley.
Paradigm Entertainment and Paradigm Talent Agency Founder and Executive Chairman Sam Gores will continue to be a shareholder. Jonathan S. Blue and Edward H. Harrison III of Blue Equity will remain on as advisors to Paradigm Media Entertainment, and have made a commitment to support its future growth.
Paradigm Media Entertainment will operate from offices in Los Angeles and New York. Its combined resources will include the following:
Napoli Management Group, one of the largest broadcast news talent representation companies in the nation, headed by partner Mendes J. Napoli. The company represents more than 550 television news anchors, reporters, weathercasters, and sportscasters in all of the major television markets in the nation, including the ABC, CBS and NBC television networks as well as on CNN, FOX, MSNBC, CNBC and ESPN.
Two Twelve Management & Marketing, one of the most notable culinary talent representation companies in the industry, headed by partner Scott Feldman. The company represents over 75 celebrity chefs and culinary stars.
3 Kings Entertainment, a broadcast talent representation company headed by partner Matthew Kingsley, with more than 25 years of success representing hundreds of on-air media personalities, news anchors, sportscasters, hosts, commentators, reporters, journalists, analysts, and executives. The company has managed thousands of deals for talent on FOX, CNN, HLN, ABC, CBS, NBC, Court TV, FOX Sports, CBS Sports, NBC Sports, NFL Network, MLB Network, Turner Sports, NBA TV and more.
Contact:
John Maybee
Paradigm
323-925-4271
jmaybee@paradigmagency.com
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SOURCE Paradigm | https://www.wibw.com/prnewswire/2022/09/08/paradigm-entertainment-launches-paradigm-media-entertainment-new-media-division-through-acquisition-blue-equity-entertainment-assets/ | 2022-09-08T12:39:42Z |
LENEXA, Kan., June 2, 2022 /PRNewswire/ -- CommunityAmerica CUSO One, LLC and Copper Financial announced today that Amy Rush has joined the organization as General Counsel.
"Copper Financial has experienced immense growth in working with credit unions and helping members on the path to financial peace of mind," said Mike Haggerty, President and Chief Operating Officer of CommunityAmerica CUSO One, LLC, and President of Copper Financial. "In the face of ever-changing regulatory requirements, Rush's expertise and experience will help us ensure we're always on the cutting edge."
As General Counsel, Rush will provide legal advice to CUSO One's executive team on a variety of topics related to its financial services offerings. She will also collaborate with the executive team on business strategy and risk management, providing legal support to all entities under CUSO One. In addition, Rush will work with all of CommunityAmerica's CUSO entities. She is admitted to practice law in both Missouri and Kansas.
"Copper Financial is a dynamic leader providing credit union members access to essential financial services," said Rush, General Counsel of CommunityAmerica CUSO One, LLC and Copper Financial. "I am honored to join an organization that has such a deep appreciation for its clients' financial success."
Previously, Rush was employed by Waddell & Reed Financial, Inc. where she was a Senior Vice President and served as Associate General Counsel of Regulatory Affairs. Her primary responsibility was to act as chief counsel for the retail wealth manager and the wholesale distributor. She currently serves on the Board of Directors for Flourish Furnishings, and regularly speaks at industry conferences on topics such as vulnerable adult financial abuse, financial industry regulatory updates, and broker dealer/investment advisor regulatory matters.
Copper Financial ("CuFi") is an SEC-registered investment advisor, FINRA-registered Broker-Dealer, and state-registered insurance agency offering a breadth of investment and financial planning services to credit union members across the country. As a wholly-owned subsidiary of CommunityAmerica Credit Union, we understand the importance of meeting your members' unique needs wherever they are in their financial journey. Our fully digital experience and best-in-class technology platform allows members access to their accounts from anywhere at any time, and ensures the advisor and member have more time to focus on what matters—the path to financial peace of mind. Additionally, we are the only credit union-owned Broker-Dealer that offers special needs planning for families, further assisting credit unions in their mission to serve all their members' needs. To learn more about CuFi, visit cu.financial.
Media Contact:
Sabrina Scarpa
JConnelly for Copper Financial
copperfinancialpr@jconnelly.com
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SOURCE Copper Financial | https://www.mysuncoast.com/prnewswire/2022/06/02/communityamerica-cuso-one-copper-financial-welcome-amy-rush-general-counsel/ | 2022-06-02T14:21:30Z |
Lange Law Firm, Harford, P.C.: Victims infected through airborne transmission, never entered building that was source
NEW YORK, July 20, 2022 /PRNewswire/ -- Two people who contracted Legionnaires' disease in a May Legionnaires' disease outbreak in the Bronx have filed suit against the owners of a building that was identified as the source of the bacteria.
That outbreak killed two people and led to the hospitalization of 28 others. The two plaintiffs in this lawsuit required lengthy hospitalizations, ongoing inpatient rehabilitation, and each suffered permanent injuries.
"It's scary enough to get Legionnaires' disease. It's worse to think our clients got it through the air. They were infected without even stepping foot in the building that caused this," said Jory Lange of the Lange Law Firm, who along with attorney Scott Harford of Harford, P.C. represents the victims. "We're concerned there could be even more infections involving people who have just assumed it was some other illness and never got tested."
According to the lawsuit, investigators believe the source of the infection was the Jerome Avenue Residences in the Highbridge neighborhood. The filing says its owners failed to perform basic maintenance of the building's water-cooling system to prevent the spread of the deadly bacteria. The mixed-use building, which includes apartments and a charter school, is less than two years old.
Legionnaires' disease is a rare form of pneumonia transmitted by breathing water vapors contaminated with legionella bacteria. It is not spread person-to-person. Among the factors that make this outbreak especially concerning:
- The disease is airborne and can affect people who live, work, walk, and travel within several blocks from the source of the bacteria.
- Many of the common symptoms (cough, shortness of breath, fever, headache, and muscle aches) can be mistaken for the flu or COVID 19.
About the legal team:
Jory Lange with The Lange Law Firm, PLLC is one of the leading lawyers specializing in food and water safety, successfully representing clients across the United States in cases ranging from Salmonella and E. coli-related illnesses to outbreaks of Legionnaires' disease.
Harford, P.C. is a law firm dedicated to helping individuals injured by defective drugs, consumer products, and toxic chemicals. The firm's founding attorney, Scott A. Harford, is an accomplished personal injury plaintiffs' attorney licensed to practice in New York and New Jersey.
Media Contact:
April Arias
800-559-4534
april@androvett.com
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SOURCE The Lange Law Firm, PLLC | https://www.mysuncoast.com/prnewswire/2022/07/20/legionnaires-disease-victims-file-lawsuits-over-bronx-legionella-outbreak/ | 2022-07-20T18:23:14Z |
Car hits, kills 1-year-old in Marshall County
Published: Jun. 4, 2022 at 3:15 PM CDT|Updated: 58 minutes ago
MARSHALL COUNTY, Okla. (KXII) - A child is dead after being hit by a car Friday evening in Marshall County.
Troopers said it happened around 7:30 p.m. on Back Street near Firehouse Road.
A man pulled out of a driveway and drove forward when he hit a one-year-old boy.
The child was taken to the hospital where he was pronounced dead.
Troopers are still investigating how this happened.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/06/04/car-hits-kills-1-year-old-marshall-county/ | 2022-06-04T21:14:25Z |
Indianapolis Registered Investment Advisory Firm
INDIANAPOLIS, June 1, 2022 /PRNewswire/ -- Dave Gilreath, CFP,® Managing Partner and Chief Investment Officer of Sheaff Brock, discussed key points investors might look for regarding long-term investing potential in a recent article for CNBC.
With the stock market trending lower and more highly volatile in 2022, concerns about market performance are keeping investors on their toes and "acutely aware of various negative forces" that could impact the year—record-high inflation, interest-rate increases, and the war in Ukraine.
For investors seeking companies with low-risk characteristics as well as low valuations and good earnings growth projections, Gilreath highlights three sectors—technology, health care, and industrials.
Gilreath labels technology the "poster-child sector for growth stocks and the polar opposite of value investing" due to its current low valuation. The constant need for health care services and the return of elective surgeries post-pandemic may bode well for medical and surgical device companies. "Average valuations are now fairly low but share price trends have been sharply divergent recently," so Gilreath considers health care a split sector. With demand outstripping supply and industrials gearing up to provide manufacturers with equipment and services, Gilreath predicts that supply chain issues should smooth out in coming months and enhance industry growth.
The current concentration of attractive companies in technology, health care, and industrials may offer long-term investment potential.
Sheaff Brock is an SEC-registered, fee-only independent investment firm striving to enhance portfolios of growth- and income-oriented investors, managing $1.3 billion in assets nationwide as of 3/31/2022. Sheaff Brock principal David Gilreath contributes investment commentary to CNBC.com, Medical Economics, Seeking Alpha, and Financial Advisor magazine. Visit Sheaff Brock YouTube for information.
Sheaff Brock Investment Advisors, LLC ("SBIA") is an SEC-registered investment advisor founded in 2001. Clients or prospective clients are directed to SBIA's Form ADV Part 2A prior to deciding to participate in any portfolio or making any investment decision. The views and opinions in the preceding commentary are subject to change without notice and are as of the date of the report. There is no guarantee that any market forecast set forth in the commentary will be realized. This material represents an assessment of the market environment at a specific point in time, should not be relied upon as investment advice, and is not intended to predict or depict performance of any investment.
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SOURCE Sheaff Brock Investment Advisors | https://www.kxii.com/prnewswire/2022/06/01/sheaff-brock-advises-investors-long-term-potential/ | 2022-06-01T20:13:28Z |
Football and men’s basketball players on scholarship in one of the major conferences can expect to soon earn a minimum of $50,000 each year he plays because of the influx of cash from so-called booster collectives brokering name, image and likeness deals.
That prediction, based on market trends, was made this week by Blake Lawrence, co-founder and CEO of a company that helps athletes and schools navigate the ever-changing NIL landscape.
The increasing dollar amounts available to college athletes through the recent formation of collectives has drawn the attention of the NCAA, which this week released guidance for schoolsin the hopes of maintaining the original intent of NIL compensation.
College sports leaders are concerned some collectives have gone beyond paying athletes for activities such as endorsements and appearances and breaking the pay-for-play ban by offering cash to influence athletes’ decisions on where to go to school. NCAA rules prohibit boosters from making contact with prospective recruits.
Lawrence co-founded Opendorse in 2012 to facilitate endorsement deals for professional athletes. The former Nebraska football player was among the advisers who worked with the NCAA on forming NIL policy, and he expanded his company to bring opportunities to college athletes to cash in on their fame and developed compliance technology that allows schools to keep track of the deals.
Lawrence based his $50,000-a-year per player minimum on the assumption booster collectives are directing about $5 million annually into NIL pools and that some of the money will go to athletes in other sports. There are collectives supporting NIL at more than half of the 65 Power Five schools, including Notre Dame, and more are forming.
Michael LeRoy, a University of Illinois labor law professor who researches college athlete compensation, said Lawrence’s projection is spot on.
“It’s an overheated market,” LeRoy said, “and it really reflects the pent-up demand to pay players.”
Lawrence said a top, five-star recruit could have NIL earning potential of more than $1 million per year when money coming from sources outside the booster collective is considered, especially if he is a quarterback. Four-star recruits could earn well into the six figures.
But even a lower-ranked recruit at a less glamorous position would be well-compensated — the $50,000 earner — because the booster collective will make sure of it to keep peace on the team, Lawrence said.
“If an entire class arrives to campus and they are all scholarship athletes and one individual is earning six figures and another is earning zero dollars, that is going to create a rift,” Lawrence said. “What these groups have done in certain markets is realize it’s about equality. Each individual in this locker room will receive some sort of support so there is equality at a base layer. And there may be additional value for the most marketable and influential individuals in each recruiting class.”
How long booster collectives choose to fund NIL opportunities is debatable.
Jason Belzer, an attorney and founder of Student-Athlete NIL, which has worked with Penn State and Rutgers to set up collectives, said establishing fair market value for athletes is a moving target and that it is critical for the athletes getting paid to provide real services in return.
Belzer used the example of each SEC school having a collective with $10 million a year going to football players. He said members of the collective supporting the last-place team could become disenchanted and regret funding NIL.
“They’re gonna say, ‘Well, I’m not putting money in anymore, because my investment didn’t provide any return whatsoever. I didn’t get my name on a building. I didn’t get access to anything otherwise. And wait a second. Now I don’t want this coach anymore, but I just gave all my money to the student-athletes, I can’t even pay to buy the guy out,’” Belzer said.
___
AP College Sports Writer Ralph D. Russo contributed.
___
More AP college football: https://apnews.com/hub/college-football and https://twitter.com/AP_Top25 | https://cw33.com/sports/ap-sports/nil-expert-predicts-50000-minimum-pay-for-power-5-players/ | 2022-05-11T15:43:48Z |
A new mobile user interface and experience plus new features support more efficient hospital inventory and supply chain management processes.
TAMPA, Fla., June 8, 2022 /PRNewswire/ -- Syft®, a subsidiary of GHX and a leading national provider of healthcare inventory control and end-to-end supply chain management software and services, today released Syft Synergy® 4.5. Enhancements to the supply chain management software platform include a redesigned mobile app interface that simplifies processes for receiving and distribution of supplies. This mobile app re-design will also be offered to clinical users in the next Syft Synergy release scheduled for later this year. Syft Synergy 4.5 also includes new features and functionality for clinical users at the point of use.
"As part of our commitment to continually raising the bar for supply chain management, we partner closely with our customers to gain a deeper understanding of their needs," said Steve Herz, Executive Director of Product, Syft. "The enhancements made in version 4.5 are a direct result of our Voice of Customer program, through which our customers share feedback as well as have the opportunity to test potential new features and upgrades prior to the official app release."
"The 4.5 enhancements will significantly improve supply chain management efficiencies for healthcare organizations," said Todd Plesko, Syft General Manager. "Users can stay focused on the task at hand because the software now helps them see and touch only those tasks that are relevant to them and their role. They can more easily identify what they need to do next, whether that's completing a task or starting the next one. As a further benefit of these improvements, we believe our hospital partners will experience more employee satisfaction which can lead to higher workforce retention, improved productivity, more reliable inventory data, and reduced costs."
A few key enhancements of the newly redesigned mobile app for supply chain users are listed below and more can be found online.
- Uncluttered screens and quick taps on floating buttons help users quickly complete tasks and meet global functionality standards.
- A customizable keyboard and calculation fields allows users to input and see only information that is relevant for the task.
- Tasks organized and grouped by status that are filed in collapsible subdividers keep the screen view clean, ensuring optimized user productivity.
Additional enhancements with Syft Synergy 4.5 include:
- License plates scanning for pallets: Now users can more easily receive and manage bundled purchase orders and associated items with Syft's new license plate scanning and recognition functionality.
- Ad hoc stock requests: One-off orders can be generated quickly from locations with perpetual inventory, including stockrooms, to help improve supply replenishment processes.
- Enhanced clinical and point-of-use features: Automated data integration for implant trays and enhanced implant descriptions, user dashboards, and implant action-mapping are among new features that streamline workflows–including clinician case level documentation. Other enhancements improve case and supply tracking and provide new integrations with single sign on (SSO) technologies to save clinicians time during login.
Visit the Syft website for more information about these enhancements and others and the benefits they provide.
About GHX
Building on decades of collaboration among providers, manufacturers, distributors and other industry stakeholders, Global Healthcare Exchange, LLC (GHX) is leading the charge in helping organizations run the new business of healthcare. By automating key business processes and translating evidence-based analytics and data into meaningful action, GHX is helping the healthcare ecosystem to move faster, operate more intelligently and achieve greater outcomes. With the support of GHX, healthcare organizations have removed billions of dollars of wasteful healthcare spend. For more information on GHX's suite of cloud-based supply chain solutions, visit www.ghx.com and The Healthcare Hub.
Media Contact
John Gonda
616-309-4888
jgonda@sage-growth.com
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SOURCE Syft | https://www.kxii.com/prnewswire/2022/06/08/syft-launches-version-45-its-syft-synergy-platform/ | 2022-06-08T13:43:14Z |
The Aetion Evidence Platform® will support Evio's data-driven efforts to ensure every patient receives the right medication for their unique situation, from the beginning
DENVER and NEW YORK, Aug. 4, 2022 /PRNewswire/ -- Evio, an independent pharmacy solutions company dedicated to ensuring every patient receives the right medications in a simple and affordable way, today announced a new collaboration with Aetion, a global real-world evidence (RWE) technology and analytics provider, to drive increased use of RWE in pharmacy solutions and decision-making.
The agreement enables Evio to leverage the Aetion Evidence Platform® (AEP), which is scientifically validated software that transforms real-world data into transparent, reliable, and replicable RWE and patient insights. The platform is used by global payers, biopharma organizations, regulators, and health technology assessment bodies, including the US Food and Drug Administration, to better understand the safety, effectiveness, and value of medical interventions.
Evio intends to use AEP and the application of RWE as a primary way to:
- Assess the effectiveness, impact, and value of medications and clinical programs;
- Facilitate new outcomes-based agreements with pharmaceutical manufacturers; and
- Inform new clinical protocols that can be utilized by health plans, physicians, and patients to improve outcomes and reduce waste across the medication experience.
"Today, patients are steered towards medications based on their preferred status on a formulary that is typically driven by rebates and pay-to-play. Evio and Aetion are aligned in our commitment to taking a data-driven approach that ensures the right medications get to every patient from the beginning, and drives the lowest total cost of care," said Hank Schlissberg, Evio's president and CEO. "Robust, clinically significant RWE and advanced analytics are foundational to delivering on this vision. We are pleased to work with Aetion, the recognized leader in this space, as part of our efforts to change the paradigm of the pharmacy value chain."
Evio launched in 2021 and was funded by five not-for-profit Blue Cross Blue Shield plans who in total provide services to more than 20 million members across the US. The AEP will serve as a hub for integrating the company's data from insurance claims, lab results, electronic health records, and other sources to provide insights on medications as they are used in real-world clinical settings.
"The combination of Aetion's robust platform and Evio's vision to transform decision making will create a new paradigm for helping health plans move beyond clinical trial data to give their members access to the right treatments for them," said Bill Guptail, Aetion's Senior Vice President of Value-Based Solutions. "Through our agreement with Evio, we look to incorporate real-life variables such as patient demographics, comorbidities, and medication combinations, when turning data into high-quality RWE to improve patient care."
Evio will use the platform to generate advanced analytics to produce transparent, rapid, and scientifically validated answers on safety, effectiveness, and value for patients, providers, health plans, employers, and pharmaceutical manufacturers.
"Combining Evio's study designs and data solutions with Aetion's best-in-class Platform capabilities will allow us to generate a breadth of data analysis and clinical insights not previously available," said Lynn Nishida, Head of Clinical Operations, Evio. "We look forward to delivering these insights to our health plan customers to enhance their understanding of medication-related drivers of health outcomes and make evidence-based changes in how certain medications are evaluated and managed, made available to patients, and tracked for continuous improvement across the pharmacy system."
Evio is an independent pharmacy solutions company that works with health plans to transform the medication experience for everyone: patients, providers, health plans, and the system at large. Funded by five not-for-profit health insurers, Evio will enable superior clinical outcomes, reduced costs, and an enhanced experience for patients and providers. Using real-world evidence, Evio will ensure every patient gets the right medication for their unique situation, from the beginning, in a simple and affordable way. Evio is based in Denver, CO.
Aetion is a healthcare analytics company that delivers real-world evidence for the manufacturers, purchasers, and regulators of medical treatments and technologies. The Aetion Evidence Platform® analyzes data from the real world to produce transparent, rapid, and scientifically validated answers on safety, effectiveness, and value. Founded by Harvard Medical School faculty members with decades of experience in epidemiology and health outcomes research, Aetion informs healthcare's most critical decisions—what works best, for whom, and when—to guide product development, commercialization, and payment innovation. Learn more at aetion.com and follow us at @aetioninc.
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SOURCE Aetion; Evio | https://www.kxii.com/prnewswire/2022/08/04/evio-amp-aetion-partner-deliver-real-world-evidence-rwe-across-pharmacy-value-chain/ | 2022-08-04T14:09:55Z |
FALLS CHURCH, Va., May 24, 2022 /PRNewswire/ -- XOR Security LLC (XOR) recently announced that it won a $31.4 million single-award task order to provide Cybersecurity Operations Support Services to the United States Patent and Trademark Office (USPTO) within the Department of Commerce. The USPTO Office of the Chief Information Officer [OCIO] delivers information and technology to enable innovation, and these services are critical to USPTO's ability to achieve its mission, goals, and objectives, and its Cybersecurity Division (CD) is responsible for all aspects of USPTO Information Technology Security. These include leading and operating a state-of- the art security operations center, which manages responses to a wide range of security and system performance indicators on USPTO's information systems, network infrastructure, and software systems.
Under this task order awarded by USPTO under General Services Administration (GSA) Highly Adaptive Cybersecurity Service (HACS) as a full and open opportunity, XOR will provide services typically associated with cybersecurity operations programs, and will help USPTO to ensure program alignment with Strengthening the Cybersecurity of Federal Networks and Critical Infrastructure, Executive Order (EO) 13800. Award of this task order does not constitute an endorsement by USPTO of XOR.
Razwan Raja, XOR Founder and Principal, said, "XOR is committed to supporting our federal government agencies who face evolving cyber threats from a dynamic set of actors. We have over a decade of experience developing and supporting cyber operations and engineering platforms which enables us to deliver the most advanced technology and cybersecurity solutions for our customers."
Wasif Shakeel, XOR Partner for Cyber Operations, added, "XOR is very excited to kick this project off. I want to thank USPTO for placing their trust in us and give special thanks to our entire team for their hard work leading up to this contract award."
About XOR Security
XOR Security is a small business leader delivering Security Operations, Security Engineering, Cyber Analytics, Cyber Intelligence, and Cyber Offense services across a portfolio of approximately 30 federal and commercial cybersecurity programs, including six Security Operations Centers which we currently lead as Prime contractor. Our highly technical cyber operations and engineering professionals are on the front lines of the cyber battlefield, helping to protect our nation's critical infrastructure. The greatest risk is the one that goes unseen. At XOR Security, we shed light on the shadows. Visit us at www.xorsecurity.com.
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SOURCE XOR Security | https://www.mysuncoast.com/prnewswire/2022/05/24/xor-security-awarded-314-million-task-order-provide-cyber-operations-system-support-united-states-patent-trademark-office/ | 2022-05-24T05:04:23Z |
Waimanalo residents concerned about impact of film industry on wildlife
By Tom George
Click here for updates on this story
HONOLULU (KITV) — Waimanalo is home to beaches worthy of the big screen and neighbors who want to protect them.
“We’re not just looking out for the community, but also environmentally,” says resident Mialisa Otis.
“If they’re filming towards the shore you have the sand turtles and if you shine a light in the air it’s the sea birds,” Otis says.
Recently, a resident found an injured sea bird and another dead bird at Kaiona Beach Park. We took those concerns to the city, and learned the supposed dead bird was never recovered and there’s no way to known if lighting would have even played a role.
But it is prompting the state film office to reiterate that there are strict permitting procedures in place to protect the environment.
Crews are doing everything necessary to make sure that they don’t create harm in the process of making their various projects,” says State Film Commissioner Donne Dawson.
Part of that includes not pointing lights into the water and some limitations on night filming and filming near the shoreline. Trisha Kehaulani Watson is among those who trains film crews so they understand the rules.
“I think there’s sort of a misperception that these film crews are all from the continent and come in and then know nothing about Hawaii , theres unions a lot of local labor this is an industry that brings a lot of jobs,” Watson says.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/news/2022/04/15/waimanalo-residents-concerned-about-impact-of-film-industry-on-wildlife/ | 2022-04-15T14:32:51Z |
Autopsy: Steelers QB Haskins was drunk when fatally struck
FORT LAUDERDALE, Fla. (AP) — An autopsy report shows that Pittsburgh Steelers quarterback Dwayne Haskins was legally drunk when he was fatally struck by a dump truck on a Florida highway last month.
The Broward County Medical Examiner’s Office said in its report released Monday that Haskins’ blood-alcohol content was more than twice the legal level for driving when he was struck April 9.
The 24-year-old former Ohio State star had run out of gas on Interstate 595 near Fort Lauderdale about dawn. He told a companion he was going to find a gas station.
The dump truck driver told investigators Haskins stepped in front of him as he traveled in the center lane.
The Associated Press reports Haskins also had the strong painkiller ketamine and its metabolite norketamine in his system. The drug can be prescribed by a doctor, but can also be abused recreationally. The autopsy report does not say why Haskins had it in his system.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/23/autopsy-steelers-qb-haskins-was-drunk-when-fatally-struck/ | 2022-05-24T00:56:38Z |
Late crashes prompt IndyCar officials to cut testing short
By MICHAEL MAROT
AP Sports Writer
INDIANAPOLIS (AP) — Four-time Indianapolis 500 champion Helio Castroneves and Colton Herta both crashed during tests at Indianapolis Motor Speedway. Castroneves slammed hard into the wall. Herta hit the wall in the first turn while trying to avoid Will Power, whose car also spun as did Alexander Rossi. All the drivers are OK. The speedway, IndyCar and tire supplier Firestonearee working to evaluate the warmup lane in turns one and two. Another testing session is set for Thursday. | https://localnews8.com/sports/ap-national-sports/2022/04/20/late-crashes-prompt-indycar-officials-to-cut-testing-short/ | 2022-04-21T02:47:55Z |
BEIJING (AP) — China’s monthly trade surplus soared to a record $97.9 billion in June as export growth picked up after anti-virus controls that shut down Shanghai were lifted and shippers moved a backlog of cargo.
Exports rose 17.9% over a year ago to $331.2 billion, up from May’s 16.9% growth, customs data showed Wednesday. In a sign of Chinese economic weakness, imports rose just 1% to $233.3 billion, pushing up the trade surplus by 90% from a year ago.
Imports from Russia, mostly oil and gas, rose 56% over a year ago as Beijing took advantage of price cuts offered by the Kremlin after Washington and Europe suspended most of their own purchases to punish Moscow for its invasion of Ukraine.
China’s trade already was depressed by weak global demand before Shanghai, site of the world’s busiest port, and other cities shut down starting in late March. Cargo handling is back to normal, but economists warn the shock will be felt abroad for months.
“Exports rebounded strongly as shipping bottlenecks eased,” said Julian Evans-Pritchard of Capital Economics in a report. “But we think this may be the last hurrah for China’s pandemic export boom before shipments drop back on cooling demand.”
Weak import demand reflects a slump in construction, a major customer for foreign iron ore and other raw materials, after the government launched a crackdown on debt that has chilled the vast real estate industry.
Forecasters have cut estimates for China’s economic growth to as low as 2% this year, well below the ruling Communist Party’s target of 5.5%.
China’s economy grew by a weak 4.8% over a year earlier in the quarter ending in March. That was an improvement over the 4% rate in the final three months of 2021.
Some believe it shrank in the quarter ending in June before beginning a gradual recovery. Surveys show that might be under way as manufacturing and service activity accelerates.
If that lasts, “the outlook for the second half of 2022 is for stronger imports,” Rajiv Biswas of S&P Global Market Intelligence said in a report.
Exports to the United States surged 19.3% over a year earlier to $56 billion despite lingering tariff hikes in a trade war over Beijing’s technology ambitions. Imports of American goods edged up 1.7% to $14.6 billion.
China’s politically volatile trade surplus with the United States widened by 26% from a year earlier to $41.4 billion. It was among irritants that prompted then-President Donald Trump to launch the trade fight and hike import taxes.
Envoys from the two governments have talked by phone and video link but have yet to announce a date to resume face-to-face negotiations.
Exports to the 27-nation European Union rose 17.1% from last June to $50.5 billion, while imports of European goods climbed 9.7% to $25 billion. China’s trade surplus with Europe widened by 65% to $25.4 billion.
Imports from Russia rose 56% over a year ago to $9.7 billion.
China’s growing purchases of Russian energy are irritating Washington and its allies but don’t violate sanctions on Moscow.
Beijing declared ahead of the attack that it had a “no limits” friendship with Moscow. It criticizes the sanctions but has avoided helping Putin for fear of losing access to Western markets and the global banking system.
The Biden administration last month accused five Chinese companies of dealing with the Russian military before the Feb. 24 invasion. They added them to a trade blacklist but officials did not say if they were accused of supplying goods after the attack.
Last year, China bought 20% of Russian crude exports, according to the International Energy Agency.
___
General Administration of Customs of China (in Chinese): www.customs.gov.cn | https://cw33.com/business/ap-business/china-trade-surplus-surges-to-record-as-exports-accelerate/ | 2022-07-13T12:09:41Z |
Biden tells Congress to ‘immediately’ pass $40 billion Ukrainian aid bill
By Donald Judd, Manu Raju, Ryan Nobles and Alex Rogers, CNN
President Joe Biden called on Congress to “immediately” pass a nearly $40 billion Ukrainian aid bill, warning for the first time that existing aid will run out in “approximately ten days.”
“Get it to my desk in the next few days,” Biden said in a statement.
Biden had urged Congress to pass $10 billion in additional pandemic relief funding and the massive new assistance to Ukraine in the same bill.
But he said on Monday that congressional leaders told him to decouple the effort in order to quicken the aid to Ukraine. Biden initially requested $33 billion to help Ukraine as it fights Russia, but Congress has proposed billions more for food aid and military equipment.
Democrats are now expected to move Ukraine and Covid-19 relief aid separately, starting in the House, as soon as this week.
“We cannot afford delay in this vital war effort,” Biden said in the statement. “Hence, I am prepared to accept that these two measures move separately, so that the Ukrainian aid bill can get to my desk right away.”
Senate Republicans had insisted on the two issues moving on separate legislative tracks. In April, Senate Republicans blocked an effort to take up a $10 billion Covid relief bill over demands for votes on amendments, including one targeting the Biden administration’s decision to lift a Trump-era order known as Title 42, which allowed US border officials to turn migrants back to Mexico or their home countries immediately because of the public health crisis.
South Dakota Sen. John Thune, the number two Senate Republican, said that the Senate could consider both packages next week.
Thune said Senate Majority Leader Chuck Schumer has signaled he’s open to allowing an amendment vote on the Title 42 provision, paving the way to take up the $10 billion Covid-19 relief bill. A Schumer spokesman did not immediately respond to a request for comment. Thune said the Covid-19 bill “is going to be considered a different time.”
“I’m hearing now that Schumer is open to a Title 42 amendment, which perhaps, maybe tees that vote up at some point,” Thune added.
The White House did not want the Ukraine package bogged down in Congress even though Democrats had been pushing to tie the two together over fears that Republicans would set back the US response to the pandemic.
In Monday’s statement, Biden wrote he was “pleased” that “there appears to be strong support” from a bipartisan majority in Congress to provide aid to Ukraine.
But he again stressed the importance of spending even more resources addressing the pandemic. The administration recently projected that the US could potentially see 100 million Covid-19 infections this fall and winter.
“As vital as it is to help Ukraine combat Russian aggression, it is equally vital to help Americans combat COVID,” Biden said.
“Without timely COVID funding, more Americans will die needlessly,” he added. “We will lose our place in line for America to order new COVID treatments and vaccines for the fall, including next-generation vaccines under development, and be unable to maintain our supply of COVID tests.”
The-CNN-Wire
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CNN’s Clare Foran contributed to this report. | https://localnews8.com/politics/cnn-us-politics/2022/05/09/biden-tells-congress-to-immediately-pass-40-billion-ukrainian-aid-bill/ | 2022-05-09T23:28:53Z |
NEW YORK, July 29, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for INTC, THMO, SIGA, TNXP, and RUN.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- INTC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=INTC&prnumber=072920225
- THMO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=THMO&prnumber=072920225
- SIGA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SIGA&prnumber=072920225
- TNXP: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=TNXP&prnumber=072920225
- RUN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RUN&prnumber=072920225
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/07/29/thinking-about-buying-stock-intel-corp-thermogenesis-siga-technologies-tonix-pharmaceuticals-or-sunrun/ | 2022-07-29T15:58:30Z |
DURANGO, Colo., May 5, 2022 /PRNewswire/ -- As recently reported by the Wall Street Journal, a luxurious ranch on 200 gently rolling acres in Durango, CO will be sold at a luxury auction without reserve this Friday, May 6, 2022. Known as the Ute Junction Ranch, the property hit the market in early 2021 asking $19.995 million, where the price has remained in advance of the luxury auction sale.
The property owners hired Platinum Luxury Auctions to conduct the sale, which will be held on the property site at 2 pm MT tomorrow. The Miami-based auction house owns the trademark to the term(s) "luxury auction(s)," and specializes in non-distressed auctions for owners of multimillion-dollar homes. Platinum is offering the ranch in partnership with its listing brokerage of record, The Wells Group, represented by listing agents Abbi Munn and Joe Bob McGuire. The top-producing agent duo previously worked with Platinum for the successful auction of Durango's Beaumont Ranch in 2019.
Prospective bidders must register with Platinum by the deadline of 5pm MT this Thursday, May 5, to participate in the sale. Late registrations may be considered on a case-by-case basis, according to Platinum. Attending the auction in person is recommended, although bidders who cannot be physically present are able to bid remotely and in real-time via an audio/video feed into the live bidding venue.
When creating the ranch's main residence, the owners retained the acclaimed firm Liederbach & Graham Architects from their hometown of Chicago, and went about construction with a no-expense-spared attitude. The custom-built home was completed in 2012. "The owners' vision during construction was one of, 'Let's do all the things we've ever wanted to do in a home,'" said Trayor Lesnock, founder and president of Platinum Luxury Auctions. "Their level of investment in the property is readily visible upon touring the home."
For example, main residence exteriors boast "commercial-grade" construction, with Minnesota limestone applied over layers of poured and reinforced concrete. Interior finishes include exposed wood beams, Venetian plaster walls, fine tile and marble flooring, and custom-milled baseboards and molding. There are three living levels offering nearly 16,000 square feet of interior space, with 7 bedrooms, 7 full and 3 half baths.
Other features of the estate include a gourmet kitchen, private elevator, 3,000-bottle wine room, solarium/conservatory, fitness center, and a posh master suite. An executive office suite for two offers a kitchenette, half-bath and artist's room.
Ute Junction Ranch's grounds also include two guesthouses (each a 3-bed/2-bath), 3 barns and a private pond. The approximately 197.13-acre assemblage is comprised of 8 contiguous parcels, which are subdividable. Existing water rights will convey with the property.
Final previews of the ranch are available by appointment through 5 pm MT today. Interested parties should contact Platinum's project manager, Walter Cerini, at 800-997-4235 for appointment scheduling or general questions. Additional information is also available online, at DurangoLuxuryAuction.com.
About Platinum Luxury Auctions: Platinum Luxury Auctions developed the luxury auction® concept for multimillion-dollar real estate auctions and owns the federal trademark rights to the term(s) "luxury auction(s)." The firm specializes in the non-distressed sale of luxury properties within and beyond the United States. Platinum's team has closed more than $1.075 billion in luxury real estate auction sales to date, while consulting on more than $2.9 billion in additional luxury property assets.
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SOURCE Platinum Luxury Auctions LLC | https://www.kxii.com/prnewswire/2022/05/05/luxe-colorado-ranch-readies-luxury-auction-this-friday-may-6/ | 2022-05-06T01:25:47Z |
NAPLES, Fla., July 5, 2022 /PRNewswire/ -- A lawsuit has been filed on behalf of the estate of Mary Billman against Big Olaf Creamery, LLC in the Listeria outbreak linked to this company's ice cream. Mrs. Billman's estate is represented by Marler Clark, the Listeria lawyers, and local counsel Scott Weinstein. The lawsuit was filed in the United States District Court for the Middle District of Florida. Complaint #8:22-cv-01514
On January 18, 2022, Mrs. Billman was in the State of Florida, visiting her daughter who lives in Hollywood, Florida. On this date, at the Big Olaf's Creamery ice cream parlor located at 3350 Bahia Vista in Sarasota, Florida, Mrs. Billman consumed ice cream that had been manufactured, distributed, and sold by the Defendant Big Olaf. The ice cream that Mrs. Billman consumed on this date was contaminated by Listeria monocytogenes.
Mrs. Billman's symptoms persisted, and on January 27, 2022, she woke up with a fever over 103 degrees. Her daughter called an ambulance and Mrs. Billman was rushed to the emergency department at Memorial Regional Hospital in Hollywood, Florida, where she soon began treatment for a septic illness.
Over the course of the next two days, Mrs. Billman's organs began to shut down due to her septic illness. By the time her family was able to see her again, she was unconscious. She would never regain consciousness, and died on January 29, 2022, leaving behind her husband, the Plaintiff; three daughters named Kelli Mitsdarfer, Kara Gray, and Richelle Brown; eight grandchildren; and four great-grandchildren.
On July 2, 2022, the Centers for Disease Control and Prevention announced the preliminary results of an epidemiologic investigation conducted into the Listeria monocytogenes illnesses of 23 people who live, or who lived prior to their deaths, in 10 different states. The investigation into these illnesses had shown that that the cause of the outbreak was Big Olaf's ice cream products.
"What is shocking is that the Listeria linked to the outbreak was present in this ice cream beginning in 2021, this shows a complete failure to keep the manufacturing facility clean and in good repair," said food safety lawyer, Bill Marler.
The first case of illness in the outbreak experienced onset of symptoms of Listeria monocytogenes infection in January 2021. Illnesses occurred sporadically over the course of the year and a half since the first case became ill, continuing to cause illnesses through June of 2022. Due to the delay in symptom onset and illness reporting, the total number of people sickened in this outbreak is not yet known.
The 10 states where cases in this outbreak live, including the number of cases in each state, are as follows: Florida (12), Colorado (1), Georgia (1), Illinois (1), Kansas (1), Massachusetts (2), Minnesota (1), New Jersey (1), New York (2), Pennsylvania (1). Among the 10 cases who did not live in Florida, 8 of them had traveled to Florida in the month before onset of symptoms. This outbreak investigation is on-going.
The Marler Clark Listeria lawyers have unmatched experience representing victims of Listeria. Our Listeria lawyers have represented thousands of victims of notable Listeria outbreaks such as the 2011 Jensen Farms Listeria outbreak where over 33 people died, the 2010 Sangar Fresh Cut Produce Listeria outbreak, the 2007 Whittier Farms Listeria outbreak, the 2012 Marte brand Fescolina ricotta salata cheese Listeria outbreak, the 2015 Blue Bell Ice Cream Listeria outbreak, the 2016 Dole Lettuce Listeria outbreak and the 2017 Vulto Creamery Listeria outbreak. We are presently assisting in a Listeria outbreak in South Africa that sickened over 1,000 and killed over 200.
Marler Clark has represented countless Listeria victims and is the only firm in the nation with a practice focused exclusively on plaintiff foodborne illness litigation.
If you believe you are part of this outbreak fill out the Marler Clark contact form or call toll-free at 800-884-9840. There is no cost to you.
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SOURCE Marler Clark, The Nation's Food Safety Law Firm | https://www.wibw.com/prnewswire/2022/07/06/marler-clark-files-wrongful-death-lawsuit-listeria-outbreak-linked-big-olaf-creamery/ | 2022-07-06T02:45:18Z |
VANCOUVER, BC, Aug. 10, 2022 /PRNewswire/ - Ballard Power Systems (NASDAQ: BLDP) (TSX: BLDP) today announced consolidated financial results for the second quarter ended June 30, 2022. All amounts are in U.S. dollars unless otherwise noted and have been prepared in accordance with International Financial Reporting Standards (IFRS).
"We continue to see policy momentum across the globe to support our vision of decreasing our planet's emissions. We believe our product offering will make a meaningful impact on the energy transition by enabling our customers with zero emission solutions. This vision is at the forefront of our continued innovation and investment in our business and product offering", said Mr. Randy MacEwen, President and CEO.
Mr. MacEwen remarked, "In the second quarter, our revenue was $20.9 million, and we secured new orders totaling $12.3 million, driven primarily by stationary power generation and repeat bus customers. We saw continued gross margin compression in the quarter and anticipate continued pressure throughout 2022, but we are confident in our plan to expand margins in the mid- to long-term as we transition to commercial scale production. We ended the quarter with a strong cash balance of $1 billion, which continues to support our technology development programs and other strategic growth initiatives."
"We are encouraged by our continued progress with platform customers as they advance commercialization of zero-emissions fuel cell solutions in a variety of attractive applications and markets. The European bus market is an example of the growing scale of fuel-cell solutions, with public transport operators in Cologne, Germany and West Midlands, UK announcing plans to deploy additional hydrogen fuel cell bus fleets of 100 and over 120, respectively."
"Given the challenging macro-economic outlook, we have decreased our planned investments in 2022. As a result, we are revising our total operating expense and capital expenditure guidance downwards from $140 to $160 million to $130 to $150 million, and $40 to $60 million to $30 to $50 million, respectively," Mr. MacEwen stated. "Notwithstanding the current macro-economic context, we remain confident on the long-term opportunities for hydrogen and fuel cells. We see converging trends driving the energy transition, including net-zero ambitions, low-cost renewable energy, and energy security. At Ballard, we are well positioned with leading fuel cell technology, strong customer and partner relationships, and a solid balance sheet."
(all comparisons are to Q2 2021 unless otherwise noted)
- Total revenue was $20.9 million in the quarter, down 16% year-over-year.
- Heavy-Duty revenues of $10.7 million decreased by a nominal amount.
- Stationary Power Generation revenues of $2.0 million decreased 28% as a result of lower sales of stationary power generation fuel cell modules, stacks, products and service revenues.
- Material Handling revenues of $0.8 million decreased 58%, primarily as a result of lower shipments to Plug Power.
- Gross margin was (11)% in the quarter, a decrease of 26-points, driven by a combination of a shift to lower overall product margin and service revenue mix including the impacts of pricing strategy, higher fixed overhead costs, higher warranty provisions and adjustments, increase in supply costs, and inventory adjustments.
- Total Operating Expenses and Cash Operating Costs3 were $38.5 million and $32.1 million in the quarter, respectively, an increase of 58% and 59%, respectively. Increases were driven primarily by higher expenditure on research, technology and product development activities. Costs were also higher as a result of increased general and administrative expenses.
- Adjusted EBITDA3 was ($35.0) million, compared to ($19.7) million in Q2 2021, primarily a result of the decrease in gross margin and increase in Cash Operating Costs.
- Ballard received approximately $12.3 million of new orders in Q2, and delivered orders valued at $20.9 million, resulting in an Order Backlog of approximately $91.2 million at end-Q2.
- The 12-month Order Book was $61.4 million at end-Q2, a decrease of $4.3 million from the end of Q1 2022.
Ballard is revising its 2022 Total Operating Expense4 and Capital Expenditure5 guidance downwards as follows:
For a more detailed discussion of Ballard Power Systems' second quarter 2022 results, please see the company's financial statements and management's discussion & analysis, which are available at www.ballard.com/investors, www.sedar.com and www.sec.gov/edgar.shtml.
Ballard will hold a conference call on Wednesday, August 10, 2022 at 8:00 a.m. Pacific Time (11:00 a.m. Eastern Time) to review second quarter 2022 operating results. The live call can be accessed by dialing +1.604.638.5340. Alternatively, a live audio and webcast can be accessed through a link on Ballard's homepage (www.ballard.com). Following the call, the audio webcast and presentation materials will be archived in the 'Earnings, Interviews & Presentations' area of the 'Investors' section of Ballard's website (www.ballard.com/investors).
Ballard Power Systems' (NASDAQ: BLDP; TSX: BLDP) vision is to deliver fuel cell power for a sustainable planet. Ballard zero-emission PEM fuel cells are enabling electrification of mobility, including buses, commercial trucks, trains, marine vessels, and stationary power. To learn more about Ballard, please visit www.ballard.com.
This release contains forward-looking statements concerning the hydrogen economy and markets for our products and the effects of governmental regulations on such markets, expected revenues, operating expenses, capital expenditures, corporate development activities, impacts of investments in manufacturing and R&D capabilities and market growth, and our carbon emissions goals. These forward-looking statements reflect Ballard's current expectations as contemplated under section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Any such statements are based on Ballard's assumptions relating to its financial forecasts and expectations regarding its product development efforts, manufacturing capacity, and market demand. For a detailed discussion of the factors and assumptions that these statements are based upon, and factors that could cause our actual results or outcomes to differ materially, please refer to Ballard's most recent management discussion & analysis. Other risks and uncertainties that may cause Ballard's actual results to be materially different include general economic and regulatory changes, detrimental reliance on third parties, successfully achieving our business plans and achieving and sustaining profitability. For a detailed discussion of these and other risk factors that could affect Ballard's future performance, please refer to Ballard's most recent Annual Information Form. These forward-looking statements are provided to enable external stakeholders to understand Ballard's expectations as at the date of this release and may not be appropriate for other purposes. Readers should not place undue reliance on these statements and Ballard assumes no obligation to update or release any revisions to them, other than as required under applicable legislation.
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SOURCE Ballard Power Systems Inc. | https://www.mysuncoast.com/prnewswire/2022/08/10/ballard-reports-q2-2022-results/ | 2022-08-10T14:01:36Z |
JUBA, South Sudan (AP) — Hundreds of people braved a scorching sun Tuesday to welcome Pope Francis’ envoy to South Sudan’s capital, Juba, where many were disappointed last month when the pontiff canceled a trip to this East African country.
Cardinal Pietro Parolin, the Vatican’s secretary of state, was received by religious leaders, government officials, and hundreds of who sang and danced upon his arrival.
“It is a good chance for us,” said a nun, Sister Adriana. “We are to be blessed.”
Another nun, Sister Flexisita, said: “I’m so excited. I was able to greet him and kiss his ring because that is a blessing.”
Francis canceled a planned July trip to two African countries, South Sudan and Congo, on doctors’ orders because of his knee problems. Parolin said Tuesday the pope remains willing to visit South Sudan.
“It is a great joy for me to be with you and to be able to stay for a few days to celebrate and pray and to meet people on behalf of the Holy Father Pope Francis,” Parolin told reporters at the airport in Juba.
The pope had sought to promote peace in South Sudan and Congo — countries long wrestling with deadly violence — before he had to cancel his trip.
South Sudan, the world’s youngest country, remains vulnerable to civil unrest that first erupted in December 2013 amid a political dispute between President Salva Kiir and his deputy, Riek Machar.
Parolin later this week will visit a remote camp for internally displaced people. He also will meet with Kiir, Machar and U.N. officials in the country.
“South Sudan feels blessed right away from the time His Holiness Pope Francis made the decision to come and visit South Sudan,” said senior presidential adviser Kuol Manyang Juuk. “The whole government is happy to receive (Parolin) and the population of Juba and South Sudan and all the Catholic churches are happy for his visit.” | https://cw33.com/news/international/ap-international/popes-envoy-is-joyfully-welcomed-by-faithful-in-south-sudan/ | 2022-07-06T10:35:42Z |
Crowe Employee Stock Ownership Plan (ESOP) and certain tax-related 401(k) Plan services will transition to Blue Ridge
CHICAGO, Aug. 12, 2022 /PRNewswire/ -- Blue Ridge ESOP Associates, the nation's largest independent ESOP administration and recordkeeping firm, announced today that it has acquired the ESOP services and certain tax-related 401(k) services of Crowe LLP, a leading public accounting, consulting and technology firm. Financial terms of the transaction were not disclosed.
Following the transaction, significantly all assets and Crowe professionals associated with the BPS business will transition to Blue Ridge.
"We're excited to integrate Crowe's ESOP business and people with Blue Ridge," said Bill Yoerger, Chief Executive Officer of Blue Ridge. "It's a great fit for our organization, as the BPS team's technical expertise and personalized client-centric culture mirrors ours."
"The Crowe ESOP and 401(k) plan administration practice offers true expertise in ESOP and retirement plan services." said Tom Roback, President of Blue Ridge. "Together we form a powerful combination of thought leadership, high quality, technological innovation and customer service."
Pete Shuler, VP–Senior Consultant at Blue Ridge and a former Crowe partner who transitioned as part of the transaction, added, "We look forward to transitioning the BPS clients to Blue Ridge, where they can expect to receive the same exceptional service to which they've become accustomed. Given the nature of our complementary businesses, clients will benefit from the expertise provided by both Blue Ridge and BPS. This is a win for our clients, a win for our people, and a win for both organizations."
About Blue Ridge ESOP Associates
Founded in 1988, Blue Ridge ESOP Associates is the largest independent ESOP and 401(k) Third Party Administration and Record keeping firm. Blue Ridge provides high quality, technically proficient independent plan administration and repurchase obligation forecasting. Blue Ridge administers over 1,400 ESOP company clients servicing over 500,000 participants along with thousands of 401(k) plans. The Blue Ridge family of companies employs over 165 talented professionals and is headquartered in Charlottesville, Virginia. BlueRidgeESOP.com
About Crowe
Crowe LLP is a leading public accounting, consulting and technology firm with offices around the world. Crowe uses its deep industry expertise to provide audit services to public and private entities. The firm and its subsidiaries also help clients make smart decisions that lead to lasting value with its tax, advisory and consulting services. Crowe is recognized by many organizations as one of the best places to work in the U.S. As an independent member of Crowe Global, one of the largest global accounting networks in the world, Crowe serves clients worldwide. The network consists of more than 200 independent accounting and advisory services firms in more than 130 countries around the world.
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SOURCE Blue Ridge ESOP Associates | https://www.kxii.com/prnewswire/2022/08/12/blue-ridge-esop-associates-acquires-crowe-llp-esop-business/ | 2022-08-12T17:08:44Z |
Car dealers and automotive importers can use TRADE X to source, purchase and import vehicles to better meet the needs of their customers and improve profitability for their businesses.
TORONTO, Sept. 7, 2022 /PRNewswire/ -- TRADE X, the global B2B cross-border automotive trading platform for industry buyers and sellers, today announced that dealers and fleet owners in the Dominican Republic will be able to use TRADE X to import pre-owned vehicles from other countries, helping them better meet customer needs, access hard to find models, and improve profitability for their businesses.
On September 8, TRADE X will host a 9 a.m. breakfast event for the members of the main dealer associations: ANADIVE, ASOCIVU, and ADECI, which will include a presentation on TRADE X and what they offer to Dominican vehicle traders. Dealers who would like more information about the event can email events@tradexport.com.
Automotive dealers, fleet owners, rental companies, mobility solution providers and importers can utilize the TRADE X platform on their desktop, or via the TRADE X Global mobile app, to trade vehicles quickly and easily with other automotive professionals globally, without any of the manual complexities that are typically involved. Dealers can use the marketplace to search for specific makes or models using the platform's "Instant Request" feature, review specific search results to assess real-time pricing, and make vehicle purchases safely, transparently, and compliantly.
TRADE X gives dealers a simplified trade process by removing the complicated components from the responsibility of the users, such as logistics, quality checks, engaging registered importers, real-time pricing analytics, homologation, retitling and customs clearance, as TRADE X handles those directly. All transactions are conducted securely and compliantly, each user is screened to ensure safety and reliability, and users may trade in their own currency. Buyers can also apply for trade financing through the TRADE X platform at the time of a vehicle purchase, and dealers in the Dominican Republic are presented with the vehicles from the best source markets globally, at the lowest possible price.
"The Dominican Republic is a fast-growing market with strong demand for cars and light trucks, yet its dealers and other buyers often struggle to find inventory for their customers," said Eric Gosselin, SVP Global Business Development at TRADE X. "TRADE X is a fast, easy, and safe way to not only find the right vehicle make and model, but also make the purchase and import them into the Dominican Republic without having to worry about logistics and bureaucratic hurdles. The platform handles everything from purchase to delivery."
Initially an import-only route, in the coming months, TRADE X also plans to open the Dominican Republic to exports, providing vehicle businesses the opportunity to both buy and sell on the platform. In addition to the expansion goals, on September 1, 2022, doors officially opened to TRADE X's warehouse within the Free Trade Zone in Santo Domingo Este, further providing ease of international trade to automotive buyers and sellers in the Dominican Republic.
TRADE X provides peace of mind and security for users whether they are trading within their own country or internationally by simplifying the trading experience – ensuring each transaction is transparent, compliant, insured, and monitored from start to finish. To begin the process of cross-border trading, vehicle businesses can sign up online on the tradexport.com website or download the "TRADE X Global" app from the App Store or Google Play.
With headquarters in Ontario, Canada, TRADE X is the first global vehicle marketplace to aggregate cross-border supply and demand for car dealers, fleet owners, rental companies, mobility solution providers, importers, and exporters, opening new trading corridors to buy and sell vehicles. The TRADE X 'Brain' platform is a machine-learning, AI-driven technology that connects buyers and sellers through a transparent marketplace that aids sellers in finding the world's highest bidders and gives buyers access to the best vehicle source markets and price arbitrage opportunities. Users can quickly and seamlessly transact online in a secure environment with all the complexities of international trade – compliance, anti-money laundering regulations, vehicle inspection, currency exchange, digital trade documentation, payments, and financing – all managed by TRADE X. The company serves authorized buyers and sellers everywhere with a user-friendly app available 24/7 via mobile, tablet, or desktop. TRADE X's largest investors include Aimia Inc., a publicly traded holding company listed on the Toronto Stock Exchange (TSX: AIM). To learn more, please visit www.tradexport.com.
Media Contact:
Siobhan Nolan
JConnelly
(862) 217-9585
snolan@jconnelly.com
TRADE X Contact:
Shelley Keller
Director, Corporate Communications + Brand
shelley.keller@tradexport.com
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SOURCE TRADE X | https://www.mysuncoast.com/prnewswire/2022/09/07/trade-x-opens-its-b2b-trading-platform-automotive-buyers-dominican-republic/ | 2022-09-07T15:03:41Z |
CALGARY, AB, Aug. 30, 2022 /PRNewswire/ - Nanalysis Scientific Corp. (TSXV: NSCI) (OTCQX: NSCIF) (FRA: 1N1) ("Nanalysis" or the "Company") announces that the Company's Board of Directors has granted a total of 377,500 stock options to its employees, including 175,000 to an officer, pursuant to the Company's stock option plan. Each option is exercisable to purchase one common share in the capital of the Company at $1.10 per share for a period of five years from the date of issuance. The options vest as to one-third on each of the 12 month, 24 month and 36 month anniversary date of grant.
Nanalysis trades on the TSX Venture Exchange (TSXV) in Canada with ticker symbol 'NSCI', OTC and the Frankfurt exchange under the ticker symbol '1N1'. The company's business is what we term "MRI and NMR for industry". The company develops and manufactures portable Nuclear Magnetic Resonance (NMR) spectrometers or analyzers for laboratory and industrial markets. The NMReady-60™ was the first full-feature portable NMR spectrometer in a single compact enclosure requiring no liquid helium or any other cryogens. The company has followed-up that initial offering with new products and continues to have a strong innovation pipeline. Nanalysis recently announced that it has begun selling a 100MHz device in 2020. The Company's new device will be the most powerful and most advanced compact NMR device ever brought to market.
Nanalysis devices are used in many industries (oil and gas, chemical, mining, pharma, biotech, flavor and fragrances, agrochemicals, law enforcement, and more) as well as numerous government and university research labs around the world. The Company continues to exploit new global market opportunities independently and with partners.
With the recent acquisition of K'Prime, the company maintains a North American sales and service company of over 40 individuals who cover scientific instrumentation for pharma, food, chemical and oil & gas customers, as well as imaging systems for security applications.
Additionally, the Company has a 43% ownership in Quad Systems AG ("Quad Systems"), with an option to purchase the remaining shares. Quad Systems is a Zurich-based Nuclear Magnetic Resonance (NMR) company focused on high-field NMR for pharmaceutical and other vertical markets.
This news release contains certain "forward-looking statements" within the meaning of such statements under applicable securities law. Forward-looking statements are frequently characterized by words such as "anticipates", "plan", "continue", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed", "positioned" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. The Company is under no obligation, and expressly disclaims any intention or obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Nanalysis Scientific Corp. | https://www.mysuncoast.com/prnewswire/2022/08/30/nanalysis-scientific-corp-announces-grant-stock-options/ | 2022-08-30T21:45:26Z |
KYIV, Ukraine (AP) — A Ukrainian court sentenced a 21-year-old Russian soldier to life in prison Monday for killing a civilian, sealing the first conviction for war crimes since Moscow’s invasion three months ago.
Sgt. Vadim Shishimarin pleaded guilty to shooting a 62-year-old man in the head in a village in the northeastern Sumy region in the early days of the war.
He testified that he shot Oleksandr Shelipov after being ordered to do so. He told the court that an officer insisted that Shelipov, who was speaking on his cellphone, could pinpoint their location to Ukrainian forces.
Ukrainian prosecutors are investigating thousands of potential war crimes, as the world has pushed for Russia to be held accountable for its invasion. Russian forces bombed a theater where civilians were sheltering and struck a maternity hospital. In the wake of Moscow’s withdrawal from towns around Kyiv weeks ago, mass graves were discovered and streets were strewn with bodies in towns such as Bucha.
The war’s effects have also been felt well beyond Ukraine, pushing energy and food prices higher. The United Nations said the conflict has helped push the number of people displaced worldwide to the highest level on record level, with more 100 million people driven from their homes across the globe.
Ukrainian President Volodymyr Zelenskyy called for “maximum” sanctions against Russia on Monday at the World Economic Forum in Davos, Switzerland.
He said by video that sanctions needed to go further to stop Russia’s aggression, including an oil embargo, all of its banks blocked and cutting off trade with Russia completely.
Zelenskyy says his country has slowed Russian advances and his people’s courage has stirred unseen unity of the democratic world.
On the battlefield, Russian forces have stepped up shelling in Ukraine’s eastern industrial heartland as they press their offensive in the region that is now the focus of fighting.
Grinding battles in the Donbas, where Ukrainian and Russian forces are fighting town by town, have forced many civilians to flee their homes.
In Tokyo on Monday, U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida joined in condemning Moscow’s invasion of Ukraine. Earlier on his trip to Asia, Biden signed legislation granting Ukraine $40 billion more in U.S. support for its defense against the Russian attack.
Western support — both financial and military — has been key to Ukraine’s defense, helping their outgunned and outnumbered forces to repel Russia’s attempt to take the capital of Kyiv and fight them to a standstill in other places. In the face of those setbacks, Moscow has outlined more limited goals in Ukraine, with its sights now on trying to expand the territory that Russia-backed separatists have held since 2014.
Ukrainian forces dug in around Sievierodonetsk, the main city under Ukrainian control in the Luhansk province of the Donbas, as Russia intensified efforts to capture it. Gov. Serhiy Haidai accused the Russians of “simply intentionally trying to destroy the city … engaging in a scorched-earth approach.”
Haidai said Sunday that the Russians had occupied several towns and cities in Luhansk after indiscriminate, 24-hour shelling and concentrating forces and weaponry there, bringing in troops from Kharkiv to the northwest, Mariupol to the south, and from inside Russia.
But the Ukrainian military said that Russian forces were unsuccessful in their attack on Oleksandrivka, a village outside of Sievierodonetsk.
Ukraine’s parliament voted Sunday to extend martial law and mobilize its armed forces for a third time, until Aug. 23. Ukrainian officials have said little since the war began about the extent of their country’s casualties, but Ukrainian President Volodymyr Zelenskyy said Sunday that 50 to 100 Ukrainian fighters were being killed, apparently each day, in the east.
While the east is now the focus of flighting, the conflict is not confined there. Powerful explosions were heard early Monday in Korosten, about 160 kilometers (100 miles) west of Kyiv, the town’s deputy mayor said. It was the third straight day of apparent attacks in the Zhytomyr District, Ukrainian news agencies reported.
___
Becatoros reported from Kramatorsk, Ukraine. Associated Press journalists Yuras Karmanau in Lviv, Andrea Rosa in Kharkiv and other AP staffers around the world contributed.
___
Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine | https://cw33.com/news/ap-top-headlines/russian-offensive-turns-to-key-donbas-city-heavy-shelling/ | 2022-05-23T13:26:56Z |
Here are the top baby names of 2021
(Gray News) – Liam and Olivia are yet again the most popular baby names in the United States, according to new data from the Social Security Administration.
The agency just released its annual list of most popular baby names, listing the top 10 boy names and top 10 girl names of 2021.
This marks five years in a row that Liam is the most popular boy name and three years in a row that Olivia is the most popular girl name.
According to the Social Security Administration, the top 10 boy names in 2021 were:
- Liam
- Noah
- Oliver
- Elijah
- James
- William
- Benjamin
- Lucas
- Henry
- Theodore
The agency said the top 10 girl names of 2021 were:
- Olivia
- Emma
- Charlotte
- Amelia
- Ava
- Sophia
- Isabella
- Mia
- Evelyn
- Harper
The list of most popular names in 2021 hasn’t changed much from that of 2020. Nine of the top 10 boy names are the same, apart from Theodore overtaking the tenth spot in 2021 from Alexander from 2020. Although not in the exact same order, all the girl names in the top 10 of 2021 were also in the top 10 of 2020.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/18/here-are-top-baby-names-2021/ | 2022-05-18T16:44:02Z |
Former ski resorts owner faces sentencing in Vermont fraud
By LISA RATHKE
Associated Press
BURLINGTON, Vt. (AP) — The former owner of two Vermont ski resorts faces sentencing Friday in federal court for his role in a failed plan to build a biotechnology plant in Vermont using tens of millions of dollars in foreign investors’ money raised through a special visa program that was part of the largest fraud case in the state’s history.
The sentencing for Ariel Quiros, a Miami businessman and former owner of Jay Peak and Burke Mountain ski resorts, wraps up the criminal cases for three men involved in the financial scandal that shook the state and its rural, economically depressed region called the Northeast Kingdom. A fourth man, a businessman in South Korea, remains at large.
“The crimes could not have occurred without the toxic mix of these three men’s strong personalities,” assistant U.S. attorneys Paul van de Graaf and Nicole Cate wrote in their sentencing document. “Quiros was, at bottom, a wheeler-dealer who was in it for the money. He came to believe that he was truly rich, rather than simply misusing other people’s money.”
Prosecutors are asking the court to sentence Quiros to less than the eight-year maximum under the plea deal, based on Quiros’ “broad cooperation” with the government and his “acceptance of responsibility.” The defense has asked for 18 months of home confinement because of what Quiros’ lawyer said was his long service in the armed forces, his decision to plead guilty and cooperate with the government, forfeiture of his property and his wife’s severe cardiac issues.
Quiros, former Jay Peak president William Stenger and Quiros’ adviser William Kelly were indicted in 2019 over the failed plan to build the AnC Bio plant in Newport, Vermont, using millions raised through the EB-5 visa program that encourages foreigners to invest in U.S. projects that create jobs in exchange for a chance to earn permanent U.S. residency.
Prosecutors said the project was designed to raise $110 million from 220 immigrant investors to build and operate the biotechnology facility, according to court records and proceedings. Approximately 169 investors put in at least $500,000 each for a total of about $85 million between 2012 and 2016, as well as paid a total of about $8 million in administrative fees but the fundraising was never completed and the project was never built, prosecutors said.
Three years before Quiros and Stenger were charged criminally, the federal Securities and Exchange Commission and the state of Vermont alleged in 2016 that they took part in a “massive eight-year fraudulent scheme.” The civil allegations involved misusing more than $200 million of about $400 million raised from foreign investors for various ski area developments through the EB-5 visa program “in Ponzi-like fashion.”
Quiros and Stenger settled civil charges with the SEC, with Quiros surrendering more than $80 million in assets, including the two resorts.
Prosecutors wrote in their sentencing recommendation in the criminal case that Quiros relied on Kelly and Stenger to address the details, with Stenger as fundraiser and acting as the face of the biotechnology plant project, and Kelly to carry out his wishes and fix problems. Quiros surrounded himself with lawyers and accountants and “perceived that these professionals gave him cover,” prosecutors wrote. They also said Quiros believed he was entitled to large profits from the EB-5 profits that he could use when and how he wanted and he didn’t care about “contract” details.
“He wanted the gravy train to keep rolling, if possible,” and didn’t care what his two co-defendants said to investors, the Securities and Exchange Commission or the Vermont Regional Center, prosecutors wrote.
They called the misuse of funds more like a lapping scheme: “using other people’s money to pay debt that could not legitimately be covered.”
Quiros lawyer wrote that Quiros has overwhelmingly displayed his contrition and desire to make amends, has taken full responsibility for his conduct and “demonstrated remorse substantially.”
Quiros decided he wanted to resolve the criminal case and insisted counsel offer the government his cooperation, which was accepted, wrote his attorney Neil Taylor in his sentencing memo. Quiros pleaded guilty in August 2020 to charges of conspiracy to commit wire fraud, money laundering and the concealment of material information related to the AnC project, which the judge has said was fiction from the start. Nine other charges were dropped.
“To that end, it would be no exaggeration to say that Mr. Quiros decision to cooperate brought the house down,” Taylor wrote. Stenger, of Newport, and Kelly, of Fort Lauderdale, Florida, later reached plea deals and were each sentenced earlier this month to 18 months in prison, with Stenger ordered to pay $250,000 and Kelly to pay $8.3 million in restitution.
___
Associated Press writer Wilson Ring contributed to this report. | https://localnews8.com/news/ap-national-business/2022/04/29/former-ski-resorts-owner-faces-sentencing-in-vermont-fraud/ | 2022-04-29T11:58:22Z |
ROCHELLE — Deerfield-Windsor's Garrison Slaughter won the boys 5K cross country race Saturday at the Patriot Pride Invitational in Rochelle and the DWS teams took either first or second in each of the four divisions.
Slaughter had the best time of the day, 16 minutes, 29 seconds, which was 30 seconds ahead of Worth County's Eyan Zupko, who finished second. The Lady Knights, led by senior Jane Stickland, took second place, while the DWS middle school girls took first and the middle school boys placed second.
Slaughter led three other DWS runners to cross in the top eight — freshman Jack Morre finished in fifth, junior Jackson Belusko took seventh and sophomore Ethan Newsome crossed in eighth. Michael Collins finished the scoring for DWS in 24th place. That gave the Knights 45 points to win the team spot, ahead of Cook with 85 in second, Georgia Military Prep in third, Berrien County in fourth and Worth County in fifth.
Abbie Brown of Fitzgerald won the girls race ahead of two runners from Valwood. Strickland's fifth place finish led DWS with Sophie Singleton in 12th place and Molly Fuller in 13th. Anabelle Scott (18th) and Lily Kate Castle (19th) finished the scoring for the Lady Knights.
Valwood took the top team spot for the girls with 53 points and Deerfield-Windsor was a close second with 58 points. Berrien County placed third, Cook took fourth and Fitzgerald placed fifth.
DWS 8th-grader Mangham Pippin won the middle school boys race with Grady Meier of Georgia Military Prep in second. Jordan Jantz, a sixth-grader at DWS, finished second for the Knights in 13th place and teammate Daniel Roland placed 20th for DWS, while Whatley Fountain (30th) and Millis Cothern (31st) finished the scoring for the middle school Knights.
The Cook Middle School boys won the division with 74 points and Deerfield-Windsor was second with 95. Ben Hill Middle placed third.
Dileta Hunlen of Pulaski Middle won the girls middle school race, but four Deerfield-Windsor girls were close behind. Margret Hodges crossed second and teammate Ada Hunt finished four seconds later. Macy Hatcher took fifth place for the Lady Knights and Reynolds Bryson crossed in sixth. Maggie Collins crossed the line in 17th place to finish the scoring for the Lady Knight middle-schoolers.
DWS finished with 32 points for the top spot and Georgia Military Prep was second with 81 points.
Using the National Book Foundation website, Stacker looked at the 19 women who have won the National Book Award for fiction and listed them starting with the most recent winner. Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/sports/deerfield-windsor-shines-at-patriot-pride-invitational/article_a032a6c4-218e-11ed-9795-3ba240cd8014.html | 2022-08-21T20:58:19Z |
Japan’s ex-leader Shinzo Abe assassinated during a speech
TOKYO (AP) — Former Prime Minister Shinzo Abe was assassinated Friday on a street in western Japan by a gunman who opened fire on him from behind as he delivered a campaign speech — an attack that stunned a nation with some of the strictest gun control laws anywhere.
The 67-year-old Abe, who was Japan’s longest-serving leader when he resigned in 2020, collapsed bleeding and was airlifted to a nearby hospital in Nara, although he was not breathing and his heart had stopped. He was later pronounced dead after receiving massive blood transfusions, officials said.
A hearse carrying Abe’s body left the hospital early Saturday to head back to his home in Tokyo. Abe’s wife Akie lowered her head as the vehicle passed before a crowd of journalists.
Nara Medical University emergency department chief Hidetada Fukushima said Abe suffered major damage to his heart, along with two neck wounds that damaged an artery. He never regained his vital signs, Fukushima said.
Police at the shooting scene arrested Tetsuya Yamagami, 41, a former member of Japan’s navy, on suspicion of murder. Police said he used a gun that was obviously homemade — about 15 inches (40 centimeters) long — and they confiscated similar weapons and his personal computer when they raided his nearby one-room apartment.
Police said Yamagami was responding calmly to questions and had admitted to attacking Abe, telling investigators he had plotted to kill him because he believed rumors about the former leader’s connection to a certain organization that police did not identify.
Dramatic video from broadcaster NHK showed Abe standing and giving a speech outside a train station ahead of Sunday’s parliamentary election. As he raised his fist to make a point, two gunshots rang out, and he collapsed holding his chest, his shirt smeared with blood as security guards ran toward him. Guards then leapt onto the gunman, who was face down on the pavement, and a double-barreled weapon was seen nearby.
Prime Minister Fumio Kishida and his Cabinet ministers hastily returned to Tokyo from campaign events elsewhere after the shooting, which he called “dastardly and barbaric.” He pledged that the election, which chooses members for Japan’s less-powerful upper house of parliament, would go on as planned.
“I use the harshest words to condemn (the act),” Kishida said, struggling to control his emotions. He said the government would review the security situation, but added that Abe had the highest protection.
Even though he was out of office, Abe was still highly influential in the governing Liberal Democratic Party and headed its largest faction, Seiwakai, but his ultra-nationalist views made him a divisive figure to many.
Opposition leaders condemned the attack as a challenge to Japan’s democracy. Kenta Izumi, head of the top opposition Constitutional Democratic Party of Japan, called it “an act of terrorism” and said it “tried to quash the freedom of speech ... actually causing a situation where (Abe’s) speech can never be heard again.”
In Tokyo, people stopped to buy extra editions of newspapers or watch TV coverage of the shooting. Flowers were placed at the shooting scene in Nara.
When he resigned as prime minister, Abe blamed a recurrence of the ulcerative colitis he’d had since he was a teenager. He said then it was difficult to leave many of his goals unfinished, especially his failure to resolve the issue of Japanese abducted years ago by North Korea, a territorial dispute with Russia, and a revision of Japan’s war-renouncing constitution.
That ultra-nationalism riled the Koreas and China, and his push to create what he saw as a more normal defense posture angered many Japanese. Abe failed to achieve his cherished goal of formally rewriting the U.S.-drafted pacifist constitution because of poor public support.
Loyalists said his legacy was a stronger U.S.-Japan relationship that was meant to bolster Japan’s defense capability. But Abe made enemies by forcing his defense goals and other contentious issues through parliament, despite strong public opposition.
Abe was groomed to follow in the footsteps of his grandfather, former Prime Minister Nobusuke Kishi. His political rhetoric often focused on making Japan a “normal” and “beautiful” nation with a stronger military and bigger role in international affairs.
Tributes to Abe poured in from world leaders, with many expressing shock and sorrow. U.S. President Joe Biden praised him, saying “his vision of a free and open Indo-Pacific will endure. Above all, he cared deeply about the Japanese people and dedicated his life to their service.”
On Saturday, Biden called Kishida and expressed outrage, sadness and deep condolences on the shooting death of Abe. Biden noted the importance of Abe’s legacy including through the establishment of the Quad meetings of Japan, the U.S., Australia and India. Biden voiced confidence in the strength of Japan’s democracy and the two leaders discussed how Abe’s legacy will live on as the two allies continue to defend peace and democracy, according to the White House.
Former German Chancellor Angela Merkel, whose tenure from 2005-21 largely overlapped with Abe’s, said she was devastated by the “cowardly and vile assassination.” Indian Prime Minister Narendra Modi declared Saturday a day of national mourning for Abe, and U.N. Secretary-General Antonio Guterres tweeted that he would remember him for “his collegiality & commitment to multilateralism.”
Chinese Foreign Ministry spokesperson Zhao Lijian declined to comment, other than to say Beijing offered sympathies to Abe’s family and that the shooting shouldn’t be linked to bilateral relations. But social media posts from the country were harsh, with some calling the gunman a “hero” — reflecting strong sentiment against right-wing Japanese politicians who question or deny that Japan’s military committed wartime atrocities in China.
Biden, who is dealing with a summer of mass shootings in the U.S., also said “gun violence always leaves a deep scar on the communities that are affected by it.”
Japan is particularly known for its strict gun laws. With a population of 125 million, it had only 10 gun-related criminal cases last year, resulting in one death and four injuries, according to police. Eight of those cases were gang-related. Tokyo had no gun incidents, injuries or deaths in the same year, although 61 guns were seized.
Abe was proud of his work to strengthen Japan’s security alliance with the U.S. and shepherding the first visit by a serving U.S. president, Barack Obama, to the atom-bombed city of Hiroshima. He also helped Tokyo gain the right to host the 2020 Olympics by pledging that a disaster at the Fukushima nuclear plant was “under control” when it was not.
He became Japan’s youngest prime minister in 2006, at age 52, but his overly nationalistic first stint abruptly ended a year later, also because of his health.
The end of Abe’s scandal-laden first stint as prime minister was the beginning of six years of annual leadership change, remembered as an era of “revolving door” politics that lacked stability.
When he returned to office in 2012, Abe vowed to revitalize the nation and get its economy out of its deflationary doldrums with his “Abenomics” formula, which combines fiscal stimulus, monetary easing and structural reforms.
He won six national elections and built a rock-solid grip on power, bolstering Japan’s defense role and capability and its security alliance with the U.S. He also stepped up patriotic education at schools and raised Japan’s international profile.
___
Follow AP’s Asia-Pacific coverage at https://apnews.com/hub/asia-pacific
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/09/japans-ex-leader-shinzo-abe-assassinated-during-speech/ | 2022-07-09T05:43:36Z |
BELTON — Four Bell County women sought to rob someone when the perfect victim was found — Temple resident Isaac Kohlhaas.
The women drove around Bell County on Dec. 5, 2018, before they arranged to meet up with Kohlhaas for a marijuana deal at a Temple Walmart, one of the defendants charged in the case testified Thursday.
Jazlyn Miller, 20, of Temple, charged with robbery in the shooting death, testified against her co-defendants in the combined murder trial of Killeen residents Rashari Nae Fonne Brent and Chelsea Gabrielle Swint, both 22. Another defendant, Veronica Martin, 20, is also charged with murder but her trial is delayed.
Miller — shackled at the feet and wearing a green prison jumpsuit — testified in court both with jurors present and out of the courtroom. Miller, who was 16 when the slaying occurred, said she met Swint through social media at age 13 and become friends with her.
In testimony outside the jury’s presence, Miller said she and her co-defendants were together all day trying to find someone to rob.
Later in front of the jury, Miller testified that the group traveled to Walmart, 6801 W. Adams Ave., on Dec. 5, 2018. There, Martin and Brent exited a gray Impala driven by Swint and got into Kohlhaas’ white Chrysler vehicle two parking spaces away while Miller hid in the Impala’s backseat so Kohlhaas would not see her.
Miller said she heard a gunshot before two of her co-defendants emerged from Kohlhaas’ vehicle
When Brent and Martin returned, there was panic among the group, Miller testified.
“Rashari got back in the car, and she was acting frenzied,” Miller said. “She just kept saying ‘Just go.’”
Miller testified that she asked Brent about what happened since she heard a gunshot.
“I kept asking ‘Did you shoot him?” Miller told the jury. “(Brent) just kept saying ‘I had to.’ Veronica got in the car, and she was holding a lot of money in her hand. It was crumbled up. Rashari kept asking, ‘Did you get anything?’”
Store video
Bell County Assistant District Attorney Erica Morgan showed Miller surveillance video from the Walmart parking lot on the night Kohlhaas died.
The video, taken from the front of the store, showed Kohlhaas park his car in the back of the parking lot — depicted in a small corner of the screen in the video.
She pointed to an area of the screen and identified Brent and Martin as they exited the car.
During cross-examination, Brent’s defense attorney Michael White pointed out to Miller that she misidentified Brent and Martin based on what they wore that day.
Miller testified to assuming who it was based on her experience of the night and not actual identification on the video.
Zachary Boyd, Swint’s appointed public defender, questioned Miller’s credibility since she had testified earlier to initially just naming Martin to police but not Brent and Swint.
“You told certain people some things and others other things,” Boyd told her. “You’re willing to say whatever it takes to save your neck.”
“No, sir,” Miller responded.
“You can’t wait to throw anyone in the grease but yourself,” he said.
“No, sir,” she replied. “I was there. I know who it was.”
Questioning to continue
Boyd’s cross-examination was stopped there since 426th District Court Judge Steve Duskie, who is presiding the case, asked the attorney at 4:50 p.m. to begin his redirect on Friday since he wanted to end the day proceedings at 5 p.m. Boyd insisted he wanted to at the start his questioning before the day ended. Duskie told him he had about five minutes but could continue the next day.
Most of the trial Tuesday took place outside the presence of the jury as the judge determined if Lauren Pruitt, who was Martin’s and Miller’s counselor at Fred W Edwards Academy — an alternative school in the Temple Independent School District — could testify about finding out about the crime from Miller and compelling the girls to go to the authorities. Pruitt was not allowed to testify to the jury.
Another matter taken up outside the presence of the jury was Miller’s testimony on extraneous circumstances.
Miller testified to the judge and the attorneys so Duskie could determine whether or not she could testify about other crimes committed with her three co-defendants.
‘Parade of horrors’
Boyd said the locations and facts of the prior crimes were too vague to be admitted as evidence, and there was no way to corroborate or prosecute them, which would paint his client negatively.
“It is clear to me that the state is simply trying to have the upper hand by prejudicing the jury against my client by producing a parade of horrors,” he said.
White echoed Boyd’s arguments and said Miller’s testimony painted Brent in a bad light and downplayed Miller’s involvement in the crime.
“Jazlyn Miller talks about exculpatory things before Dec. 6,” White said. “When it comes to the event, she takes a back seat and level of involvement. We believe that she should not (testify).”
Morgan argued that Miller’s testimony on other events of the day would allow the state to establish all participants worked together to commit the crime.
“The statement that I seek to admit is that they went to a location together to purchase marijuana and that two people got out of the car to purchase the marijuana,” Morgan said. “They were engaging in criminal activity just by purchasing the marijuana.”
Duskie determined Miller could not testify on other crimes that happened before the homicide.
Miller was asked if she was offered any plea deals or special consideration in exchange for her testimony.
“No, I just want to tell the jury,” she responded. “I want to discuss the truth. To put my truth out.”
Miller’s testimony is expected to continue Friday. | https://www.tdtnews.com/news/central_texas_news/article_0aca8cce-24da-11ed-b6bf-1b4245021432.html | 2022-08-26T05:09:02Z |
NEW YORK, Sept. 1, 2022 /PRNewswire/ -- Backcast Partners Management LLC ("Backcast"), a provider of debt and equity capital for both middle market private equity and non-private equity owned companies, is pleased to announce the most recent addition to its team.
Caelum Maloney has joined Backcast Partners as an Associate on the investment team. Prior to joining Backcast in 2022, Mr. Maloney was a Director in the Corporate Finance and Restructuring group at FTI Consulting, where he provided strategic and financial advice to companies, lenders, and other creditors in out-of-court and in-court restructurings. Mr. Maloney received a B.S. in Management from Boston College.
Mark Gudis, Managing Partner at Backcast, said: "Caelum brings nearly five years of experience working on complex lending transactions which will allow him to immediately contribute to the investment team. His strong business and financial analytics, thorough understanding of credit documentation, and diverse transaction experience will leverage and enhance our growing team. We look forward to significant contributions from Caelum."
Backcast Partners, formed in 2016 by three former Blackstone colleagues, manages value-additive, private credit investment funds providing capital to both private-equity backed and privately held management-owned companies. The Backcast team has been supporting traditional middle market companies ($7.5 million to $50 million of EBITDA) for decades. Backcast Partners has a very flexible capital mandate and seeks to invest from $10 million to $50 million per transaction. Backcast has invested approximately $500 million since inception and is currently raising its second fund. Backcast Partners operates out of offices in New York City, Millburn, NJ and Los Angeles, CA.
For more information for investors, please contact:
Amon Johnson, Managing Director of Investor Relations
ajohnson@backcastpartners.com
(973) 547-2447
www.backcastpartners.com
For more information for companies seeking investment, please contact:
Mark Gudis, Managing Partner
mgudis@backcastpartners.com
(973) 512-7487
www.backcastpartners.com
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SOURCE Backcast Partners | https://www.wibw.com/prnewswire/2022/09/01/backcast-partners-announces-new-investment-associate/ | 2022-09-01T18:18:37Z |
As regulatory scrutiny of WhatsApp and mobile messaging takes center stage, acquisition will drive Smarsh to undisputed leadership in mobile text, voice, and app compliance across the broadest range of mobile channels
PORTLAND, Ore., May 16, 2022 /PRNewswire/ -- Smarsh, the industry leader in enabling organizations to easily manage risk and uncover the value within their communications data, today announced that they have entered into an agreement to acquire TeleMessage, a global leader in mobile messaging and voice capture and archiving.
Regulatory compliance for mobile devices has been a challenge for many organizations. Many employees have both Corporate and "Bring Your Own" Devices and use both business and consumer messaging apps to communicate with their colleagues and customers. Historically firms had to engage a fragmented landscape of providers to adequately cover their risks. As a result, many companies simply had "gaps" in their compliance.
With this acquisition, Smarsh will combine mobile carrier partnerships in North America, EMEA and Asia, and extend its ability to store and monitor employee communications on the latest consumer applications such as WhatsApp, WeChat, Telegram, Signal, and other popular Mobile IM apps.
"Highly regulated firms have always needed to capture and retain their digital communications for regulatory compliance, legal discovery, and to protect their brand," said Goutam Nadella, Chief Product Officer at Smarsh. "However, given the new hybrid workforce and how digitally connected everyone is, it's more challenging than ever to monitor all the new voice and text channels. Simply put, firms everywhere are overwhelmed by all the new channels – like WhatsApp, WeChat and more effective coverage for Bring Your Own Device (BYOD) models – that are necessary for business but pose real risks, because of their variety and the volume and velocity of the data they produce. One of the biggest areas of risk is mobile communications."
The acquisition of TeleMessage will strengthen the undisputed Smarsh leadership in helping customers to meet their global regulatory compliance requirements within the SEC, FINRA, Dodd-Frank, MIFID, FCA, IIROC, and others across:
- Corporate Mobile Devices: Direct carrier capture support from 12+ global mobile carriers, including full coverage in North America and a growing network in EMEA and APAC
- Consumer Apps: Native communication capture of WhatsApp and WeChat calls and chats, as well as Signal and Telegram communications
- BYOD "Virtual Phones": Supporting voice and text on mobile devices, enabling complete separation of private and business communications
- Collaboration Apps: Continued world-class coverage of Microsoft Teams, Slack, Zoom and more
"As in many other service industries, mobile communication is ubiquitous in the financial sector," said Nadella. "Bankers and traders use mobile phones and mobile instant messaging apps, for client communications, for commercial negotiations, to get order confirmations, and to finalize transactions. Unlike email communications, there are significant gaps in how firms capture and monitor mobile communications, which means these companies cannot trace all transactions information exchanged and information delivered over mobile devices. And that means significant regulatory and reputational risk for those firms, especially for voice communications."
Financial firms have learned that they cannot govern mobile communications simply through policy, which has been substantiated by increased regulatory warnings, scrutiny, enforcement, fines, and even license revocation. For instance, U.S. regulators issued some of the largest fines in history for firms that did not adequately monitor WhatsApp communications. In short, any financial firm which communicates through mobile SMS, MMS, calls, or WhatsApp chats must retain records for those communications.
"Bottom line, if you're a heavily regulated company doing business in 2022, you have to have a proven solution to capture, archive, and supervise mobile communications," said Nadella. "And there's no other company in the world that can match Smarsh. We have the most well-rounded portfolio for mobile coverage across devices, apps, and networks. Our ability to capture data at the source, retain that data, and understand the data contextually with the most sophisticated AI is unmatched in our industry. This acquisition enhances and reaffirms our market leadership."
"Now more than ever, regulated companies everywhere have to have a trusted solution that can allow their regulated employees use any mobile chat or mobile communication channel, while remaining compliant," said Guy Levit, CEO of TeleMessage. "We're delighted to be a part of Smarsh now and to deliver solutions that help firms around the globe improve efficiency, reach, and customer engagements by enabling mobile communications while protecting their company's bottom line and reputation."
About Smarsh:
Smarsh enables companies to transform oversight into foresight by surfacing business-critical signals in more than 80 digital communications channels. Regulated organizations of all sizes rely upon the Smarsh portfolio of cloud-native digital communications capture, retention, and oversight solutions to help them identify regulatory and reputational risks within their communications data before those risks become fines or headlines.
Smarsh serves a global client base spanning the top banks in North America, Europe, and Asia, along with leading brokerage firms, insurers, and registered investment advisors and U.S. state and local government agencies. To discover more about the future of communications capture, archiving and oversight, visit www.smarsh.com.
About TeleMessage:
TeleMessage is widely recognized as an innovative messaging leader providing enterprises and mobile operators with mobility solutions and next-generation wireless communication technologies. Founded in 1999, TeleMessage has been helping organizations of all sizes across industries, including financial services, government, healthcare and network carriers globally to leverage the power of the mobile channel with our robust communications platform. The TeleMessage products portfolio includes: Mobile Archiver, Secure Enterprise Messaging and Mass Messaging. For more information, visit: www.TeleMessage.com
Contact:
Victoria Lewis
victoria.lewis@walkersands.com
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SOURCE Smarsh | https://www.kxii.com/prnewswire/2022/05/16/smarsh-acquire-telemessage-deliver-unmatched-capability-mobile-communications-compliance-hybrid-workforce/ | 2022-05-16T13:02:43Z |
KING OF PRUSSIA, Pa., Sept. 7, 2022 /PRNewswire/ -- Universal Health Realty Income Trust (NYSE:UHT) announced today that its Board of Trustees voted to pay a dividend of $.71 per share on September 30, 2022 to shareholders of record as of September 19, 2022.
Universal Health Realty Income Trust, a real estate investment trust, invests in healthcare and human service-related facilities including acute care hospitals, behavioral healthcare facilities, rehabilitation hospitals, sub-acute care facilities, surgery centers, childcare centers, and medical office buildings. The Trust has seventy-six investments in twenty-one states.
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SOURCE Universal Health Realty Income Trust | https://www.wibw.com/prnewswire/2022/09/07/universal-health-realty-income-trust-announces-dividend/ | 2022-09-07T21:16:59Z |
BEIJING , Aug. 23, 2022 /PRNewswire/ -- NaaS Technology Inc. (NASDAQ: NAAS, "NaaS" or "the Company"), a leading electric vehicle (EV) charging service provider in China, and Tunghsu Group, recently signed a strategic cooperation agreement whereby both parties will begin comprehensive cooperation on the construction, operation and maintenance of charging stations, as well as supplying non-charging services to new energy vehicles.
Senior executives from both companies attended the ceremony, including Wang Chunxiang, Vice President of Newlink Group, Jiang Yi, Vice President of Operations, NaaS, Gao Chao, Executive Vice President of Tunghsu Group and Liu Guowei, Vice President of Tunghsu Group.
Gao Chao, Executive Vice President of Tunghsu Group , extended a warm welcome to the C-level guests from NaaS Technology Inc. Mr. Gao said, "Tunghsu Group has advantages in technology, talent and in its industry in the areas of semiconductor optoelectronic display materials and cutting-edge advanced materials, and has been committed to independently innovating in core equipment and materials in the related industries. Tunghsu Group has repeatedly broken up international monopolies and reduced the limits on China's key developing industries. The cooperation between our two companies, leaders in our respective industries would expedite the growth and facilitate the overall development of our businesses."
Wang Chunxiang, Vice President of Newlink, also expressed his agreement with the development strategy, the vision for both enterprises, the innovation of new technologies and the potential market applications for Tunghsu Group. "Newlink Group has continuously focused on the Internet of Things, new retail and other fields of new energy for many years now, and has established multiple business lines such as Tuanyou, NaaS, Newlink Enterprise Service, Nengcheng Technology (logistics), and Newlink Retail." He said, "This partnership will enable both companies to jointly help realize China's Dual Carbon goals, creating a better future for everyone in process."
According to the China Association of Automobile Manufacturers (CAAC), sales of new energy vehicles in China totaled 2.6 million for the first half of this year, representing a year-on-year increase of 1.2 times, accounting for 21.6 percent of the market, and is expected to exceed 5 million by the end of the year. The rapid increase in sales and inventory has resulted in a greater need to build new energy vehicle charging infrastructure, and has driven the rapid development of the charging industry. Data from the National Energy Administration shows that 1.3 million new charging piles were built in the first half of this year, representing a year-on-year increase of 3.8 times. Currently, both central and local governments are constantly developing new energy policies, which are being included in the seven key areas of their "new infrastructure construction" plan.
Tunghsu Group is a large high-tech group with businesses covering semiconductor optoelectronic display materials, high-end equipment manufacturing, environmentally friendly new energy, new energy vehicles and cutting-edge advanced materials, and has accumulated profound technological know-how, developing a strong presence in new energy vehicles, photovoltaic, energy storage, charging stations and other fields related to China's "Dual Carbon" goals. Tunghsu Group has been awarded the State Scientific and Technological Progress Award (First Class and Second Class), "Chinese Patent Gold Award" and the title of "Manufacturing Individual Champion Demonstration Enterprise."
As a leader in both the domestic production of core display materials and China's new materials industry, Tunghsu Group is committed to consistently improving its capacity for independent innovation in its core technologies, and to complement, extend and strengthen Tunghsu Group's multiple industry value chains to ensure that each industry value chain is self-supporting, and thereby contribute to the overall high-quality development of China's national industry.
NaaS Technology Inc. has integrated participants throughout the EV charging industry value chain, including charger manufacturers, operators and OEMs, improving the operational efficiency of all parties in the process through both online and offline charging and non-charging solutions. For commercial clients, NaaS helps operators to attract users with charger connectivity and traffic support. At the same time, NaaS provides one-stop solutions for charging station development to help reduce construction, operation and maintenance costs for charging stations. NaaS also provides professional operations management, and help improve charging station profitability by adding non-charging services such as car wash service and ancillary products.
As of June 30, 2022, NaaS operates in 358 cities across China and has connected to more than 400,000 chargers and 44,000 charging stations. On June 13, NaaS was officially listed on NASDAQ with the stock code "NAAS".
Industry experts say that the strategic cooperation between the two parties will promote the organic integration of the upstream and downstream portions of China's new energy charging industry value chain, facilitate the development of innovative cooperation models in the charging ecosystem, and build a more intelligent charging network. An important sector for achieving China's "Dual Carbon" goals, the new energy charging industry is now in a critical period of development. This cooperation is of great importance for promoting the development of the industry and for creating a new energy ecosystem in China. It will further advance China's new energy industry and contribute to achieving China's "Dual Carbon" goals through the respective strengths of both companies.
About NaaS Technology Inc.
NaaS Technology Inc. is one of the largest and fastest growing electric vehicle charging service providers in China. The firm is a subsidiary of NewLink, a leading energy digitalization group in China. NaaS offers a comprehensive one-stop shop to charger manufacturers and operators, OEMs, in-house delivery fleets as well as fleet operators, with online, offline, and non-electric services covering the entire EV industry value chain. As of June 30, 2022, NaaS operates in 358 cities across China and has connected to more than 400,000 chargers and 44,000 charging stations. On June 13, 2022, NaaS Technology Inc. was officially listed on the NASDAQ under the ticker NAAS.
For more information, please visit NaaS Technology Inc.
Media Contact
E-mail: pr@enaas.com
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SOURCE NAAS | https://www.wibw.com/prnewswire/2022/08/23/naas-tunghsu-group-signs-strategic-cooperation-agreement-jointly-drive-towards-realization-chinas-dual-carbon-goals/ | 2022-08-23T12:07:00Z |
How Illusory Truth Effect Undermines Executives and Four Strategies to Prevent It
CAMBRIDGE, Mass., Aug. 17, 2022 /PRNewswire/ -- New research released today in MIT Sloan Management Review, examines how inaccurate or false information, if repeated often enough, can acquire an illusion of truth, thereby placing executive decision-making at risk.
In the world of corporate decision-making, the proliferation of misinformation hurts organizations in many ways. Leaders can find themselves on the receiving end of falsified data, facts, and figures. Misinformation, regardless of whether it was mistakenly passed along or shared with ill intent, is a common occurrence in this digital age. While many executives believe themselves immune, research says otherwise.
"One of the most important challenges leaders face in the digital age is preventing inaccurate data, false information and pseudo-fact," noted Katharina Schmid, an associate professor at Esade Business School at the Ramon Llull University. "Leaders bear a double responsibility in fighting the illusory truth effect; they must combat it for their teams, employees, and companies but also for their own personal reputations."
Researchers from Esade Business School, Purdue University, and University of Cologne have pooled their findings and outlined strategies for organizations to combat this illusory truth effect—the phenomenon that repeating false information can create at least an illusion of truth.
"The illusory truth effect occurs effortlessly, but effort is necessary to combat it," said Jonas De keersmaecker, postdoctoral researcher at Esade Business School. "While its negative effects can never be fully avoided, its influence can be limited through diligence and a focus on accuracy."
These strategies aim to create lasting and sustainable value for companies and their clients:
Avoid the bias blind spot: Understand the illusory truth effect and accept that leaders are as vulnerable to it as anyone else.
Avoid epistemic bubbles: Foster an environment in which opposing and differing perspectives can be generated and where they are openly discussed.
Question facts and assumptions: Develop an accuracy mindset with an emphasis on evaluating whether information fits one's knowledge. Promote a culture where the default is to consider the truthfulness of new information when it arises. Foster external fact-checking to ensure that information used in decision making has been verified.
Nudge the truth: Repeat true and relevant information. Prepare to respond with facts and repetition, repetition, repetition.
Managers today contend with incorrect and unreliable information at unparalleled scale. Beware of bias blind spots, maintain as accuracy mindset, perform external fact-checking, and don't get stuck in an epistemic bubble.
The MIT Sloan Management Review (MIT SMR) article, "The Cognitive Shortcut that Clouds Decision-Making," publishes at 8 a.m. EDT on August 17, 2022.
Jonas De keersmaecker is a postdoctoral researcher at Esade Business School at the Ramon Llull University. Katharina Schmid is an associate professor at Esade Business School. Nadia Brashier is an assistant professor at Purdue University. Christian Unkelbach is a professor at the University of Cologne and vice speaker for its Center for Social and Economic Behavior.
MIT Sloan Management Review (MIT SMR) is an independent, research-based magazine and digital platform for business leaders, published at the MIT Sloan School of Management. MIT SMR explores how leadership and management are transforming in a disruptive world. We help thoughtful leaders capture the exciting opportunities — and face down the challenges — created as technological, societal, and environmental forces reshape how organizations operate, compete, and create value.
Tess Woods
Tess@TessWoodsPR.com
617-942-0336
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SOURCE MIT Sloan Management Review | https://www.wibw.com/prnewswire/2022/08/17/cognitive-shortcut-that-clouds-decision-making/ | 2022-08-17T15:14:32Z |
Collaboration will improve patient experience and study efficiency through wearable technology – while capturing a wider range of activity and sleep data
PHILADELPHIA, June 16, 2022 /PRNewswire/ -- Clario, a technology company that delivers the leading endpoint solutions for decentralized (DCT), hybrid and site-based clinical trials, today announced that it is partnering with ActiGraph, a pioneer and leading provider of activity-sensing wearable technology, to further expand its already broad evidence generation platform and portfolio of decentralization technologies. The partnership will help clinical trial sites and sponsors drive efficiency and accuracy while increasing convenience for study participants. Clario will offer ActiGraph technologies to its customers in addition to its suite of eCOA, Precision Motion, Cardiac Safety, Respiratory, Medical Imaging and Trial Enablement solutions.
Quality of Life is increasingly seen as a critical patient reported outcome (PRO) by regulatory bodies as they seek evidence of how clinical interventions change the way patients feel overall. Consequently, activity-related endpoints are required in clinical studies across many therapeutic areas (including oncology, neuroscience, cardiovascular disease, diabetes, obesity and sleep disorders) where patients might be managing their conditions for a prolonged period. Historically, this requirement has imposed a burden on study participants who are asked to submit subjective patient reports. In contrast, ActiGraph's FDA-cleared, medical-grade platform captures objective, real-world biometric data related to physical activity, mobility, sedentary behavior and sleep. With the proper data science and validation support from ActiGraph and Clario, these data can truly enable clinical trial sponsors to increase the precision, quality and completeness of clinical data by augmenting subjective patient reports and point-in-time clinical outcome data with continuous digital measures.
"We are at an inflection point. Regulatory agencies and patients expect clinical interventions to extend quality, not just length of life," said Ellen Street, EVP Cardiac Safety and Precision Motion at Clario. "Partnering with ActiGraph allows us to provide our customers with a wider range of measurable and meaningful patient Quality of Life endpoints and is the next step in how we aim to transform lives through technologies that generate the richest clinical evidence."
Ellen went on to say: "Quality of Life endpoints such as motion and sleep are best measured over extended periods of time and in a range of settings. Decentralized clinical trials can make best use of these endpoints and help bring life-enhancing therapies to market faster. We are proud to offer our customers another key technology that not only enables DCTs but also makes patient participation and site responsibilities less burdensome and activity-related data more precise."
Built on more than 20 years of real-world data capture expertise, ActiGraph's fit-for-purpose ecosystem of wearable biosensors, software tools and scientific services delivers digital data in near real-time through a flexible cloud-based technology platform designed around the challenges and complexities of the clinical development process. ActiGraph's technologies, combined with Clario's depth of scientific expertise, global scale and existing ability to collect data across a wide range of endpoints, will help ensure complex global trials run smoothly, whether they are on-site, decentralized or hybrid.
"The combination of high-fidelity wearable endpoints deployed on our CentrePoint platform with an industry-leading eCOA tool represents an opportunity to improve the patient experience in modern clinical trials," said Jeremy Wyatt, CEO at ActiGraph. "The most accurate picture of a patient's experience comes from a combination of self-reported and high-integrity, objective measurements. Our teams are excited to begin drawing upon Clario's expertise and providing pharma and biotech companies with our technological and scientific resources, as we both work to advance the development of drugs and therapies."
Founded in 2004, ActiGraph is a leading wearable technology partner within the pharmaceutical and academic life science research industries. ActiGraph's biosensor solutions have been deployed in hundreds of industry-sponsored clinical drug trials and continue to pave the way for real-world remote monitoring within this complex and highly regulated space. With well over 2,000 clients in more than 110 countries, and referenced in approximately 20,000 peer-reviewed articles, ActiGraph has earned its reputation as the "Gold Standard" in objective activity measurement.
For more information, go to ActiGraphCorp.com or follow us on LinkedIn or Twitter.
Clario is a leading technology company that generates the richest clinical evidence in the industry for our pharmaceutical, biotech and medical device partners. Across decentralized and site-based trials, our deep scientific expertise, global scale and the broadest endpoint technology platform in the industry allows our partners to transform lives. Clario's Trial Anywhere™ solutions have been powering hybrid and decentralized clinical trials (DCT) for over 15 years, enabling sponsors to collect high-quality endpoint data from any modality or location, all while improving the patient experience and diversity. Clario has the only technology platform that combines eCOA, cardiac safety, medical imaging, precision motion and respiratory endpoints. With 30 facilities in nine countries, Clario's global team of science, technology and operational experts has helped deliver over 19,000 trials and 870 regulatory approvals for over 5 million patients in 120 countries. Our innovation has been transforming clinical trials for 50 years.
For more information, go to Clario.com or follow us on LinkedIn or Twitter.
Clario Media Contact
Duncan Cantor
Sr. Director, Corporate Communications
media@clario.com
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SOURCE Clario | https://www.mysuncoast.com/prnewswire/2022/06/16/clario-extends-leadership-real-world-data-collection-through-new-partnership-with-actigraph-leading-activity-tracking-wearable-tech-company/ | 2022-06-16T12:43:45Z |
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TSXV: OIII | OTCQX: OIIIF - O3 Mining
TORONTO, Sept. 2, 2022 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that its common shares (the "Common Shares") are now eligible for electronic clearing and settlement through the Depository Trust Company ("DTC").
DTC is a subsidiary of the Depository Trust & Clearing Corporation, a United States company that manages electronic clearing and settlement for publicly traded companies. Securities that are eligible to be electronically cleared and settled through the DTC are considered to be "DTC Eligible".
DTC eligibility is expected to simplify the process of trading and transferring the Common Shares and to enhance the liquidity of the Common Shares in the United States because of the accelerated settlement period and the expected reduction in costs for investors and brokers, enabling the Common Shares to be traded over a wider selection of brokerage firms.
In addition, the Corporation has entered into an issuer trading services agreement (the "Generation Agreement") with Generation IACP Inc. ("Generation") pursuant to which, among other things, Generation has agreed to provide certain investor relation and market making services to the Corporation in accordance with Policy 3.4 – Investor Relations, Promotional and Market-Making Activities of the TSX Venture Exchange (the "Exchange").
Generation's engagement is for an initial term of six months (the "Initial Term"). The Generation Agreement shall be automatically renewed for subsequent three-month periods (each a "Renewal Term") unless the Corporation provides written notice of termination to Generation at least 30 days prior to the end of the Initial Term or a Renewal Term, as applicable. Throughout the Initial Term and any Renewal Term, the Corporation shall pay Generation a monthly fee of $7,500, payable quarterly in advance at the direction of Generation. The monthly fee shall automatically increase by 3% on each anniversary of the Generation Agreement.
Generation provides investment advisory services on behalf of institutions across the country. Through Generation's engagement, the Corporation hopes to contribute to market liquidity of the Corporation's common shares.
There are no performance factors contained in the Generation Agreement and Generation will not receive common shares or options as compensation. Further, Generation and the Corporation are unrelated and unaffiliated entities and, at the time of the Generation Agreement, neither Generation nor any of its principals have an interest, directly or indirectly, in the securities of the Corporation.
O3 Mining Inc., an Osisko Group company, is a gold explorer and mine developer on the road to produce from its highly prospective gold camps in Québec, Canada. O3 Mining benefits from the support, previous mine-building success, and expertise of the Osisko team as it grows towards being a gold producer with several multi-million-ounce deposits in Québec.
O3 Mining is well-capitalized and owns a 100% interest in all its properties (66,000 hectares) in Québec. O3 Mining trades on the TSX Venture Exchange (TSXV: OIII) and OTC Markets (OTCQX: OIIIF). The Corporation is focused on delivering superior returns to its shareholders and long-term benefits to its stakeholders. Further information can be found on our website at https://o3mining.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
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SOURCE O3 Mining Inc. | https://www.wibw.com/prnewswire/2022/09/02/o3-mining-announces-dtc-eligibility-its-common-shares-oiiif-otc-markets/ | 2022-09-02T11:06:31Z |
Johnson County Sheriff claps back at county attorney, defends his voter fraud allegations
JOHNSON COUNTY, Kan. (KCTV) - The Johnson County Sheriff is now accusing the county attorney of breaking the law and providing a public document to reporters.
The letter provided under the Kansas Open Records Act, or KORA, revealed the county attorney had concerns about the sheriff’s request to play a greater role in the upcoming election.
The letter was written in response to a private meeting between the sheriff, attorney, the Johnson County election commissioner, and other top county officials.
The sheriff says he can’t comment on the letter but remembers that private meeting differently.
He’s also doubling down on voter fraud claims, saying the sheriff’s office has received more than 200 tips.
However, no criminal charges have been filed.
The sheriff’s office declined to provide any documentation, saying it’s an open investigation. The Johnson County election commissioner says he stands by the integrity of the elections.
Early voting is currently underway.
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Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/07/19/johnson-county-sheriff-claps-back-county-attorney-defends-his-voter-fraud-allegations/ | 2022-07-20T12:06:37Z |
CAMBRIDGE, Mass., July 28, 2022 /PRNewswire/ -- MKT MediaStats, an AI platform specializing in quantifying economic narratives and Socialgist, a platform that provides access to the world's most comprehensive social media data and real-time messaging, announce today the launch of a new partnership to help contextualize social chatter pertaining to economic and financial market narratives. New suite of analytics analyzes the vast amount of information generated by the retail community on social media to generate insights for various markets helping institutional investors form a more complete understanding of existing and emerging factors that are driving the economy, markets and in turn, investment portfolios.
"The substantial growth in retail investor trading activity since the dawn of the pandemic and its influence on financial market variables, including asset prices and liquidity, demonstrate the need to include social media derived insights into the institutional investment process," says Dr. Gideon Ozik, founder and managing partner of MKT MediaStats. "Unlike traditional measures of sentiment derived from textual analysis, retail investor sentiment is better captured through an analysis of emojis," clarifies Professor Ronnie Sadka of Boston College, also founder of MKT MediaStats.
"We are excited to partner with MKT MediaStats, the first entity in the economic and financial market narrative space to license social media discussion data from the leading social media platforms through Socialgist", adds Mike Madarasz, VP of Business Development at Socialgist. "Our partnership with MKT MediaStats is positioned to generate high quality insights while maintaining compliance with the strictest user privacy and source terms and conditions standards.
About MKT MediaStats, LLC
MKT MediaStats is an AI platform that transforms millions of unstructured media and behavioral data points to actionable insights driving better investment and operational decisions, enabling portfolio managers, risk professionals, strategists, political analysts, and financial-product marketers to improve performance. MKT MediaStats LLC was founded by Gideon Ozik, affiliate professor at École des Hautes Etudes Commerciales du Nord (EDHEC) Business School and former hedge fund manager at Société Générale; Professor Ronnie Sadka, chair of the Finance Department at Boston College's Carroll School of Management; Hadar Shezifi, technology entrepreneur; and Professor Ken Froot, of Harvard Business School.
About Socialgist
Socialgist is the link between the internet's conversations and the enterprise platforms helping brands understand what their audience is talking about. We work with 90% of the leading social media monitoring and analytics providers to bring them content in a reliable and compliant manner via integrations with our RESTful & streaming APIs. The enterprise tools that use Socialgist's platform gain access to data that can help their customers answer virtually any question. These questions address use cases like brand intelligence, product development, crisis management, AI training, risk analysis, with emerging use cases.
© 2022 MKT MediaStats, LLC - All Rights Reserved
MKT MediaStats, LLC 140 Mount Auburn, Cambridge, MA 02138
Media Contact: media@mktmediastats.com
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SOURCE MKT Mediastats, LLC | https://www.wibw.com/prnewswire/2022/07/28/new-analytics-help-investors-contextualize-social-media-chatter/ | 2022-07-28T14:38:25Z |
HERSHEY, Pa., July 28, 2022 /PRNewswire/ -- The Hershey Company (NYSE: HSY) today announced net sales and earnings for the second quarter ended July 3, 2022, and raised its full-year financial outlook.
"Our business momentum continued in the second quarter, with double-digit sales growth in each of our segments resulting in strong earnings per share performance," said Michele Buck, The Hershey Company President and Chief Executive Officer. "These results reflect the strength and resilience of our categories, consumers' love for our brands, the investments we are making in our business, and the exceptional execution of our dedicated employees. We are raising our financial expectations for the year and investing more heavily in our brands, capabilities and people in the second half to continue this momentum into 2023."
- Consolidated net sales of $2,372.6 million, an increase of 19.3%.
- Organic, constant currency net sales increased 14.1%.
- The impact of acquisitions on net sales was a 5.3-point benefit2 while foreign currency exchange was a 0.1-point headwind.
- Reported net income of $315.6 million and $1.53 earnings per share-diluted, an increase of 5.5%.
- Adjusted earnings per share-diluted of $1.80, an increase of 22.4%.
The Hershey Company is increasing its net sales outlook to reflect continued strength in consumer demand and net price realization. Price elasticities are expected to moderate from the second quarter, but remain favorable to historical levels, as inflation and fewer government benefits are expected to weaken consumers' buying power.
Profit from increased sales growth is expected to more than offset higher supply chain costs, elevated advertising and merchandising levels and increased incentive compensation costs, to deliver higher reported and adjusted earnings per share growth.
To reflect this strength in performance and expectations for the second half of the year, the company is raising its full-year financial outlook to the following:
Below is a reconciliation of projected 2022 and full-year 2021 earnings per share-diluted calculated in accordance with U.S. generally accepted accounting principles (GAAP) to non-GAAP adjusted earnings per share-diluted:
2022 projected earnings per share-diluted, as presented above, does not include the impact of mark-to-market gains and losses on our commodity derivative contracts that are reflected within corporate unallocated expense in segment results until the related inventory is sold since we are not able to forecast the impact of the market changes.
Consolidated net sales increased 19.3% to $2,372.6 million in the second quarter of 2022, including a 5.3-point benefit from the acquisitions of Pretzels, Dot's and Lily's, while foreign currency exchange was a 0.1-point headwind. Organic, constant currency net sales increased 14.1% driven by pricing and volume gains across segments. Net price realization contributed 9.5 points to net sales growth driven by list price increases as well as moderately lower levels of promotional activity. Volume contributed to an additional 4.6-point benefit driven by the replenishment of distributor inventory levels, primarily in the North America Confectionery segment, along with favorable price elasticities in the North America Salty Snacks and International segments.
Reported gross margin was 42.1% in the second quarter of 2022, compared to 46.5% in the second quarter of 2021, a decrease of 440 basis points. This decrease was primarily driven by derivative mark-to-market losses, combined with higher supply chain costs and unfavorable mix, which was partially offset by sales growth. Adjusted gross margin was 43.9% in the second quarter of 2022, a decrease of 250 basis points. Higher raw material, packaging and logistics cost inflation, as well as labor investments, contributed to this decline, in addition to unfavorable mix from recent acquisitions. These headwinds were partially offset by accelerating net price realization and volume gains.
Selling, marketing and administrative expenses increased 16.2% in the second quarter of 2022 versus the second quarter of 2021, primarily driven by higher amortization, integration and operating expenses related to recent acquisitions. Advertising and related consumer marketing expenses increased 3.2% in the second quarter of 2022 versus the same period last year. Moderate advertising increases across brands and segments without capacity constraints were largely offset by cost efficiencies related to new media partners, primarily benefiting the North America Confectionery segment. Selling, marketing and administrative expenses, excluding advertising and related consumer marketing, increased 22.4% versus the second quarter of 2021. This increase was driven by a loss related to the sale of non-operating assets; higher acquisition-related costs; incremental capabilities and technology investments, including the upgrade of the company's enterprise resource planning (ERP) system, as well as related amortization; and salary and benefit inflation.
Second-quarter 2022 reported operating profit was $456.5 million, in line with prior year, resulting in an operating profit margin of 19.2%, a decrease of 380 basis points. Adjusted operating profit of $526.9 million increased 14.7% versus the second quarter of 2021, resulting in adjusted operating profit margin of 22.2%, a decrease of 90 basis points. Profit increases in adjusted operating profit were driven by pricing and volume gains, partially offset by broad-based inflation, acquisition-related costs, and higher advertising, capability and technology investments. Reported operating profit was similarly affected but was further offset by a loss related to the sale of non-operating assets, derivative mark-to-market losses, and higher integration costs related to recent acquisitions. The aforementioned costs outpaced sales growth resulting in a degradation of reported and adjusted operating margin in the second quarter.
The reported effective tax rate in the second quarter of 2022 was 21.8%, a decrease of 620 basis points versus the second quarter of 2021. The adjusted effective tax rate in the second quarter of 2022 was 21.4%, a decrease of 600 basis points versus the second quarter of 2021. Both the reported and adjusted effective tax rate decreases were driven primarily by higher international tax reserves accrued in the prior year period, as well as the timing of renewable energy tax credits.
The company's second-quarter 2022 results, as prepared in accordance with GAAP, included items positively impacting comparability of $70.4 million, or $0.27 per share-diluted. For the second quarter of 2021, items positively impacting comparability totaled $2.8 million, or $0.02 per share-diluted.
The following table presents a summary of items impacting comparability in each period (see Appendix I for additional information):
Segment performance for the second quarter of 2022 versus the prior-year period are detailed below. See the schedule of supplementary information within this press release for additional information on segment net sales and profit.
Hershey's North America Confectionery segment net sales were $1,909.1 million in the second quarter of 2022, an increase of 12.9% versus the same period last year. Excluding the 0.8-point benefit from the acquisition of Lily's and a 0.3-point headwind from foreign currency exchange, organic, constant currency net sales increased 12.4%. Net price realization was a 9.8-point benefit driven by list price increases as well as a lower level of promotional activity in response to capacity constraints. Volume drove an additional 2.6-point benefit driven by the replenishment of distributor inventory levels, which contributed approximately 6.0 points to net sales growth and was partially offset by price elasticities.
Hershey's U.S. candy, mint and gum (CMG) retail takeaway for the 12-week period ended July 17, 2022 in the multi-outlet plus convenience store channels (MULO+C) increased 5.0%. Consumer demand and unit velocities remained steady with strength in take-home chocolate and sweets, while growth in unit pricing drove year-over-year gains. Hershey's take-home chocolate increased 6.6% in the latest period as at-home consumption remained strong and above pre-pandemic levels. Momentum of Hershey's sweets brands continued with retail takeaway of 7.7%, driven by Jolly Rancher Gummies and Twizzlers summer programming. Hershey's CMG share declined 54 basis points as production and on-shelf availability of certain products remained constrained and promotional levels were reduced to enable inventory replenishment. Declines were in line with expectations and an improvement from the first quarter as on-shelf availability increased. Hershey's confectionery share remains 83 basis points higher than pre-pandemic levels.
The North America Confectionery segment reported segment income of $618.9 million in the second quarter of 2022, reflecting an increase of 11.6% versus the prior-year period. The increase in segment income was driven by pricing and volume gains, which were partially offset by higher supply chain costs, increased acquisition costs related to Lily's, higher capability and technology investments and increased trade show and travel expenses as the prior-year period was impacted by pandemic-related restrictions. The aforementioned costs outpaced sales growth in the second quarter, resulting in segment margin of 32.4%, a decrease of 40 basis points.
Hershey's North America Salty Snacks segment net sales were $256.3 million in the second quarter of 2022, an increase of 99.9% versus the same period last year. Sales from the acquisitions of Dot's and Pretzels was a 71.6-point benefit. Net price realization was a 14.6-point benefit, while volume contributed 13.7 points driven by strong consumer demand and favorable price elasticities.
Hershey's U.S. salty snack retail takeaway, including Dot's, in MULO+C increased 26.3% in the 12-week period ended July 17, 2022, driven by pricing and strong consumer demand across Hershey's salty snack brands. SkinnyPop brand retail sales increased 16.9% versus the prior-year period and resulted in a ready-to-eat popcorn share gain of approximately 130 basis points. Pirate's Booty brand continues to report strong takeaway with retail sales growth of 32.4%. Both SkinnyPop and Pirate's Booty brands reported double-digit growth across all classes of trade and nearly all pack-types in the period with exceptional strength in multi-packs, which increased 30.4%. This growth is driven by consumers' demand for convenience and on-the-go snacking along with the company's assortment strategy. Dot's Homestyle Pretzels brand also had tremendous retail sales growth of 45.4% during the period driven by continued strong distribution gains, resulting in a pretzel category share gain of approximately 340 basis points.
North America Salty Snacks segment income increased 43.7% to $37.4 million in the second quarter of 2022, compared to $26.0 million in the second quarter of 2021. Pricing gains and higher volumes offset unfavorable mix, acquisition-related costs and higher supply chain costs due to inflation and higher-than-expected demand, to drive segment income growth in the second quarter. The aforementioned costs outpaced sales growth in the second quarter, resulting in segment margin of 14.6%, a decrease of 570 basis points.
Second-quarter 2022 net sales for Hershey's International segment increased 21.3% versus the same period last year to $207.2 million. Excluding a 0.7-point benefit from foreign currency exchange rates, constant currency net sales increased 20.6%. Volume gains contributed 17.6 points to net sales growth, driven by the strong consumer buying power and demand across markets. Price realization was a 3.0-point benefit.
The International segment reported a $30.7 million profit in the second quarter of 2022, reflecting an increase of $3.1 million versus the prior-year period. The profit increase was driven by volume gains and net price realization, which were partially offset by higher supply chain cost inflation and logistics costs, as well as increased advertising investment, salary and benefit inflation and increased travel expenses. The aforementioned costs outpaced sales growth in the second quarter, resulting in segment margin of 14.8%, a decrease of 130 basis points.
Hershey's unallocated corporate expense in the second quarter of 2022 was $160.1 million, an increase of $11.5 million, or 7.7%, versus the same period of 2021. This increase was driven by higher amortization; integration and operating expenses related to recent acquisitions; incremental capabilities and technology investments, including the upgrade of the company's ERP system, as well as related amortization; and salary and benefit inflation.
The Board of Directors of The Hershey Company declared a quarterly dividend of $1.036 on the Common Stock and $0.942 on the Class B Common Stock, payable September 15, 2022, to shareholders of record as of August 19, 2022, representing an increase of 15%, or $0.135 and $0.123 per share, respectively. It is the 371st consecutive regular dividend on the Common Stock and the 152nd consecutive regular dividend on the Class B Common Stock.
At approximately 7 a.m. (Eastern time) today, Hershey will post a pre-recorded management discussion of its second-quarter 2022 results and business update to its website at www.thehersheycompany.com/investors. In addition, at 8:30 a.m. (Eastern time) today, the company will host a live question and answer session with investors and financial analysts. Details to access this call are available on the company's website.
Note: In this release, for the second-quarter 2022, Hershey references income measures that are not in accordance with GAAP because they exclude certain items impacting comparability, including gains and losses associated with mark-to-market commodity derivatives, business realignment activities, acquisition-related activities, and other miscellaneous losses and benefits. The company refers to these income measures as "adjusted" or "non-GAAP" financial measures throughout this release. These non-GAAP financial measures are used in evaluating results of operations for internal purposes and are not intended to replace the presentation of financial results in accordance with GAAP. Rather, the company believes exclusion of such items provides additional information to investors to facilitate the comparison of past and present operations. A reconciliation of the non-GAAP financial measures referenced in this release to their nearest comparable GAAP financial measures as presented in the Consolidated Statements of Income is provided below.
In the assessment of our results, we review and discuss the following financial metrics that are derived from the reported and non-GAAP financial measures presented above:
We present certain percentage changes in net sales on a constant currency basis, which excludes the impact of foreign currency exchange. To present this information for historical periods, current period net sales for entities reporting in currencies other than the U.S. dollar are translated into U.S. dollars at the average monthly exchange rates in effect during the corresponding period of the prior fiscal year, rather than at the actual average monthly exchange rates in effect during the current period of the current fiscal year. As a result, the foreign currency impact is equal to the current year results in local currencies multiplied by the change in the average foreign currency exchange rate between the current fiscal period and the corresponding period of the prior fiscal year.
A reconciliation between reported net sales growth rates and (i) constant currency net sales growth rates and (ii) organic constant currency net sales growth rates is provided below:
Details of the charges included in GAAP results, as summarized in the press release (above), are as follows:
Derivative mark-to-market losses (gains): The mark-to-market losses (gains) on commodity derivatives are recorded as unallocated and excluded from adjusted results until such time as the related inventory is sold, at which time the corresponding losses (gains) are reclassified from unallocated to segment income. Since we often purchase commodity contracts to price inventory requirements in future years, we make this adjustment to facilitate the year-over-year comparison of cost of sales on a basis that matches the derivative gains and losses with the underlying economic exposure being hedged for the period.
Business realignment activities: We periodically undertake restructuring and cost reduction activities as part of ongoing efforts to enhance long-term profitability. During the fourth quarter of 2020, we commenced the International Optimization Program to streamline resources and investments in select international markets, including the optimization of our China operating model to improve efficiencies and provide a more sustainable and simplified base going forward. During the second quarter of 2022 and 2021, business realignment charges related primarily to other third-party costs related to this program, as well as severance and employee benefit costs.
Acquisition-related activities: During the second quarter of 2022, we incurred costs related to the integration of the 2021 acquisitions of Lily's, Dot's and Pretzels. During the second quarter of 2021, we incurred costs to effectuate the Lily's acquisition.
Noncontrolling interest share of business realignment and impairment charges: Certain of the business realignment and impairment charges recorded related to the divestiture of Lotte Shanghai Foods Co., Ltd., a joint venture in which we previously owned a 50% controlling interest. Therefore, we have also adjusted for the portion of these charges included within the income (loss) attributed to the noncontrolling interest.
Other miscellaneous losses (benefits): During the second quarter of 2022, we recorded a loss on the sale of non-operating assets located in Pennsylvania. During the second quarter of 2021, we recorded a gain on a receivable previously deemed uncollectible.
Tax effect of all adjustments: This line item reflects the aggregate tax effect of all pre-tax adjustments reflected in the preceding line items of the applicable table. The tax effect for each adjustment is determined by calculating the tax impact of the adjustment on the company's quarterly effective tax rate, unless the nature of the item and/or the tax jurisdiction in which the item has been recorded requires application of a specific tax rate or tax treatment, in which case the tax effect of such item is estimated by applying such specific tax rate or tax treatment.
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Many of these forward-looking statements can be identified by the use of words such as "anticipate," "assume," "believe," "continue," "estimate," "expect," "forecast," "future," "intend," "plan," "potential," "predict," "project," "strategy," "target" and similar terms, and future or conditional tense verbs like "could," "may," "might," "should," "will" and "would," among others. These statements are made based upon current expectations that are subject to risk and uncertainty. Because actual results may differ materially from those contained in the forward-looking statements, you should not place undue reliance on the forward-looking statements when deciding whether to buy, sell or hold the company's securities. Factors that could cause results to differ materially include, but are not limited to: risks related to the impact of the COVID-19 global pandemic on our business, suppliers, distributors, consumers, customers, and employees; the scope and duration of the pandemic; government actions and restrictive measures implemented in response to the pandemic, including the distribution of vaccinations and continuation of social distancing guidelines and stay at home orders; disruptions or inefficiencies in our supply chain due to the loss or disruption of essential manufacturing or supply elements or other factors; issues or concerns related to the quality and safety of our products, ingredients or packaging, human and workplace rights, and other environmental, social or governance matters; changes in raw material and other costs, along with the availability of adequate supplies of raw materials; the company's ability to successfully execute business continuity plans to address the COVID-19 pandemic and resulting changes in consumer preferences and the broader economic and operating environment; selling price increases, including volume declines associated with pricing elasticity; market demand for our new and existing products; increased marketplace competition; failure to successfully execute and integrate acquisitions, divestitures and joint ventures; changes in governmental laws and regulations, including taxes; political, economic, and/or financial market conditions, including impacts on the business arising from the conflict between Russia and Ukraine; risks and uncertainties related to our international operations; disruptions, failures or security breaches of our information technology infrastructure; our ability to hire, engage and retain a talented global workforce, our ability to realize expected cost savings and operating efficiencies associated with strategic initiatives or restructuring programs; complications with the design or implementation of our new enterprise resource planning system; and such other matters as discussed in our Annual Report on Form 10-K for the year ended December 31, 2021 and from time to time our other filings with the U.S. Securities and Exchange Commission. The company undertakes no obligation to publicly update or revise any forward-looking statements to reflect actual results, changes in expectations or events or circumstances.
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SOURCE The Hershey Company | https://www.wibw.com/prnewswire/2022/07/28/hershey-reports-second-quarter-2022-financial-results-raises-2022-net-sales-earnings-outlook/ | 2022-07-28T11:31:04Z |
Census: St. George is fastest-growing in U.S. again
By SEAN HEMMERSMEIER
The Spectrum
ST. GEORGE, Utah (AP) — St. George and the rest of Washington County have once again ranked as the fastest-growing metro area in America. The Spectrum reports that a new report from the U.S. Census showed the local population growing by nearly 10,000 new residents between July 1 of 2020 and July of 2021, a 5.1% increase. Two other Utah cities made the list of top-10 fastest-growing metro areas, with the Provo-Orem area ranked eighth at 3.3% and the Logan area ranked 10th at 2.9%. St. George Mayor Michele Randall credited the area’s reputation for quality-of-life amenities, although she acknowledged this type of growth does present challenges. | https://localnews8.com/news/ap-utah/2022/04/02/census-st-george-is-fastest-growing-in-u-s-again/ | 2022-04-02T15:37:39Z |
(KTLA) – Police in California are asking for help in finding the driver of a van who was caught on video running over a man who had fallen off a scooter.
It happened around 8:55 p.m. Saturday when Luis Lopez was riding an electrical scooter in Los Angeles’ Boyle Heights neighborhood, according to the Los Angeles Police Department. Lopez lost his balance, fell to the asphalt and was knocked unconscious, surveillance video released by police on Tuesday showed.
Lopez, 40, remained still on the ground when a white Ford Econoline van ran over him, dragging him about 25 feet before he was dislodged.
The driver of the van is then seen taking off without stopping to check on Lopez.
“It appears that the driver did stop because the brake lights were illuminated, enough for him to see what he ran over,” Detective Juan Campos said. “I need that driver to come forward and talk to me and turn himself in and tell me the other side of the story.”
Firefighters responded to the scene and transported Lopez to a hospital with severe injuries. He was in stable condition and expected to recover.
In a video recorded by the LAPD, Lopez pleaded for the driver to turn himself or herself in.
“Please,” he said in Spanish while lying in a hospital bed with braces on both his legs, bandages on his arms and cuts on his face. “Look how you left me.”
Lopez’s wife, Fatima Lopez, said her husband’s injuries include a fractured skull and ribs and internal bleeding.
She said the couple’s 7-year-old daughter has been inconsolable after the crash, which has turned the family’s life upside down.
“She cries every day for him. That’s the hardest part,” she said.
A reward of up to $25,000 is available for information leading to the driver’s identity, apprehension and conviction.
Anyone with additional information about the crash or the driver is asked to contact Campos at 213-833-3713 or 31480@lapd.online or contact the Central Traffic Division watch commander at 213-833-3746. | https://cw33.com/news/nexstar-media-wire/caught-on-video-driver-runs-over-man-who-crashed-scooter-then-takes-off/ | 2022-08-31T13:52:57Z |
The Washington Commanders have bought land in Woodbridge, Virginia, for what could be a potential site of the NFL team’s next stadium, according to a person with knowledge of the situation.
The person spoke to The Associated Press on condition of anonymity Monday because the team had not announced the acquisition. The Commanders paid approximately $100 million for 200 acres of land in Prince William County and are still considering other locations in the District of Columbia, Maryland and Virginia, the person said.
This site is just over 20 miles outside D.C., about a 45-minute drive from RFK Stadium, which was the team’s home from 1961-1996. The Commanders’ current lease at FedEx Field in Landover, Maryland, expires in 2027.
ESPN, which first reported the sale, added that the site is the team’s preferred choice for a 60,000-seat domed stadium that would be available for use year-round and include a practice facility and amphitheater. Building a stadium that could host a Super Bowl has long been considered one of the organization’s goals.
Owner Dan Snyder and Co. have been looking at several possible sites in D.C., Maryland and Virginia, though the specter of investigations into the team’s finances clouded how those jurisdictions might handle helping him finance a stadium.
The Maryland House last month approved a $400 million plan to develop the area around FedEx Field that did not include money for a new stadium. Virginia lawmakers failed to pass legislation that would make it favorable for the Commanders to build their next stadium there.
___
More AP NFL: https://apnews.com/hub/nfl and https://apnews.com/hub/pro-32 and https://twitter.com/AP_NFL | https://cw33.com/sports/ap-sports/ap-source-commanders-buy-va-land-for-possible-stadium-site/ | 2022-05-24T19:28:08Z |
1-year-old shot in New Orleans
NEW ORLEANS (WVUE/Gray News) - A 1-year-old child was shot and critically injured Tuesday afternoon at a Costco fuel station, New Orleans police said.
Police said the child, whose identity has not been disclosed, was taken to a hospital for emergency treatment for a gunshot wound to the leg.
The child was wounded at about 3:50 p.m., and five hours later was said by police to be in critical but stable condition.
Police said the gun was recovered at the scene, and that “all individuals involved in the incident have been detained for questioning.”
A man and a woman were seen being handcuffed and placed in a police car about an hour after the shooting.
Police said they don’t believe the shooting was a random violent act.
Copyright 2022 WVUE via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/07/13/1-year-old-shot-new-orleans/ | 2022-07-13T15:32:21Z |
MILAM COUNTY — Firefighters from across Central Texas extinguished a 20-acre wildfire in Milam County.
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California governor signs landmark law for fast food workers
SACRAMENTO, Calif. (AP) — California Gov. Gavin Newsom on Monday signed a nation-leading measure giving more than a half-million fast food workers more power and protections, despite the objections of restaurant owners who warned it would drive up consumers’ costs.
The landmark law creates a 10-member Fast Food Council with equal numbers of workers’ delegates and employers’ representatives, along with two state officials, empowered to set minimum standards for wages, hours and working conditions in California.
Newsom said he was proud to sign the measure into law on Labor Day.
“California is committed to ensuring that the men and women who have helped build our world-class economy are able to share in the state’s prosperity,” he said in a statement. “Today’s action gives hardworking fast food workers a stronger voice and seat at the table to set fair wages and critical health and safety standards across the industry.”
The law caps minimum wage increases for fast food workers at chains with more than 100 restaurants at $22 an hour next year, compared to the statewide minimum of $15.50 an hour, with cost of living increases thereafter.
The state legislature approved the measure on Aug. 29. Debate split along party lines, with Republicans opposed.
Sen. Brian Dahle, the Republican nominee for governor in November, had called it “a steppingstone to unionize all these workers.”
Supporters had said they hoped the measure would inspire similar efforts elsewhere.
Restaurant owners and franchisers cited an analysis they commissioned by the UC Riverside Center for Economic Forecast and Development saying that the legislation would increase consumers’ costs.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/09/05/california-governor-signs-landmark-law-fast-food-workers/ | 2022-09-05T18:03:35Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Hoth Therapeutics, Inc. (NASDAQ: HOTH), a patient-focused biopharmaceutical company, today announced the pricing of its underwritten public offering of 8,235,294 shares of common stock (the "Common Stock") at a public offering price of $0.85 per share, priced at-the-market under Nasdaq rules, for aggregate gross proceeds of approximately $7.0 million, prior to deducting underwriting discounts, commissions, and other offering expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 1,235,294 shares of Common Stock at the public offering price per share, less the underwriting discounts and commissions, to cover over-allotments, if any.
The offering is expected to close on or about April 14, 2022, subject to satisfaction of customary closing conditions.
The Company intends to use the net proceeds from this offering for general corporate and working capital purposes.
EF Hutton, division of Benchmark Investments, LLC, is acting as sole book-running manager for the offering.
The proposed offering of the Common Stock described above is being offered by the Company pursuant to a "shelf" registration statement on Form S-3 (File No. 333-236887) filed with the Securities and Exchange Commission (SEC) and declared effective by the SEC on March 11, 2020, and the accompanying prospectus contained therein.
A preliminary prospectus supplement and accompanying prospectus relating to the offering have been filed with the SEC and are available on the SEC's website at www.sec.gov. A final prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC and will be available on the SEC's website.
Copies of the prospectus supplement and the accompanying prospectus relating to this offering may be obtained, when available, on the SEC's website at http://www.sec.gov or by contacting EF Hutton, division of Benchmark Investments, LLC Attention: Syndicate Department, 590 Madison Avenue, 39th Floor, New York, NY 10022, by email at syndicate@efhuttongroup.com, or by telephone at (212) 404-7002.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy any of the securities described herein, nor shall there be any sale of these securities in any state or 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 jurisdiction. Any offer, if at all, will be made only by means of the prospectus supplement and accompanying prospectus forming a part of the effective registration statement.
Hoth Therapeutics, Inc. is a clinical-stage biopharmaceutical company focused on developing new generation therapies for unmet medical needs. Hoth's pipeline development is focused to improve the quality of life for patients suffering from skin toxicities associated with cancer therapy, mast-cell derived cancers and anaphylaxis, Alzheimer's Disease, atopic dermatitis and other indications. To learn more, please visit https://ir.hoththerapeutics.com/.
This press release includes forward-looking statements based upon Hoth's current expectations which may constitute forward-looking statements for the purposes of the safe harbor provisions under the Private Securities Litigation Reform Act of 1995 and other federal securities laws, and are subject to substantial risks, uncertainties and assumptions. These statements concern Hoth's business strategies; the timing of regulatory submissions; the ability to obtain and maintain regulatory approval of existing product candidates and any other product candidates Hoth may develop, and the labeling under any approval Hoth may obtain; the timing and costs of clinical trials, the timing and costs of other expenses; market acceptance of Hoth's products; the ultimate impact of the current Coronavirus pandemic, or any other health epidemic, on Hoth's business, its clinical trials, its research programs, healthcare systems or the global economy as a whole; Hoth's intellectual property; Hoth's reliance on third party organizations; Hoth's competitive position; Hoth's industry environment; Hoth's anticipated financial and operating results, including anticipated sources of revenues; Hoth's assumptions regarding the size of the available market, benefits of Hoth's products, product pricing, timing of product launches; management's expectation with respect to future acquisitions; statements regarding Hoth's goals, intentions, plans and expectations, including the introduction of new products and markets; and Hoth's cash needs and financing plans. There are a number of factors that could cause actual events to differ materially from those indicated by such forward-looking statements. You should not place undue reliance on these forward-looking statements, which include words such as "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" or similar terms, variations of such terms or the negative of those terms. Although Hoth believes that the expectations reflected in the forward-looking statements are reasonable, Hoth cannot guarantee such outcomes. Hoth may not realize its expectations, and its beliefs may not prove correct. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors, including, without limitation, market conditions and the factors described in the section entitled "Risk Factors" in Hoth's most recent Annual Report on Form 10-K and Hoth's other filings made with the U.S. Securities and Exchange Commission. All such statements speak only as of the date of this press release. Consequently, forward-looking statements should be regarded solely as Hoth's current plans, estimates, and beliefs. Hoth cannot guarantee future results, events, levels of activity, performance or achievements. Hoth does not undertake and specifically declines any obligation to update or revise any forward-looking statements to reflect new information, future events or circumstances or to reflect the occurrences of unanticipated events, except as may be required by applicable law.
LR Advisors LLC
Email: investorrelations@hoththerapeutics.com
www.hoththerapeutics.com
Phone: (678) 570-6791
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SOURCE Hoth Therapeutics, Inc. | https://www.kxii.com/prnewswire/2022/04/12/hoth-therapeutics-inc-announces-pricing-70-million-underwritten-public-offering-priced-at-the-market/ | 2022-04-12T04:25:47Z |
More Heart, Fewer Strings. Beginning today, Flight credits don't expire, securing Customers' investments in Southwest flight credits valid today, and going forward.
DALLAS, July 28, 2022 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announced a first-of-its-kind policy and value among major U.S. airlines, eliminating expiration dates on all Southwest® flight credits unexpired on, or created on or after July 28, 2022*. This additional flexibility applies to all currently valid, existing flight credits, with no action required by Customers with flight credit in the bank, and will apply to any new flight credit issued. The ability to retain invested flight credits without expiration is another enhancement in a series of transformative upgrades underway in the experience Customers have in their relationship with Southwest, including enhanced WiFi, new in-seat power, larger overhead bins, and new self-service capabilities overviewed at Southwest.com/experience.
"The more than 62,000 People at Southwest share a renewed pride in our unmatched access to flexibility that once again reshapes the landscape of Hospitality and value in the industry," said Bob Jordan, Chief Executive Officer, Southwest Airlines. "Flight credits don't expire* aligns with the boldness of a philosophy to give our Customers definitive simplicity and ease in travel, just like Bags fly free, just like No change fees, just like Points don't expire1—they're a first-in-our-industry combination of differentiators that only Southwest offers."
Beginning today, July 28, 2022, Southwest Customers will begin seeing a placeholder expiration date of December 31, 2040, on valid flight credits ahead of additional work later this year that will update technology systems to altogether remove expiration dates on flight credits.
"We recently announced more than two billion dollars in Customer experience improvements designed to enhance and simplify traveling with Southwest–and said then, we weren't done," said Ryan Green, Senior Vice President and Chief Marketing Officer, Southwest Airlines. "While other airlines eliminate benefits and value, today we're enhancing our experience again. When Customers travel with Southwest, they receive ultimate flexibility that is unmatched in the industry. Bags fly free1, there is never a fee to change or cancel your flight–and now, you don't have to worry about your flight credits expiring before you can use them. We'll be ready to serve you when you're ready to fly."
"We repeatedly leaned in during the pandemic to give our Customers more time to use their flight credits beyond a full year, which was our previous policy," said Tony Roach, Vice President of Customer Experience & Engagement, Southwest Airlines. "Introducing this change in our policy is part of a massive effort to improve the things that are most important to our Customers."
In May, the carrier began offering a new fare with more benefits, Wanna Get Away Plus™, and enhanced Anytime and Business Select® fares to offer a new ability to transfer flight credits to another Member of the Rapid Rewards® Loyalty program2.
*FLIGHT CREDIT TERMS
Flight credits for non-refundable fares will be issued as long as the reservation is cancelled more than 10 minutes prior to the scheduled departure. Flight credits unexpired on, or created on or after July 28, 2022 do not expire and will show an expiration date (12/31/2040) until systems are updated. A flight credit with an expiration date on or before July 27, 2022, has expired in accordance with its existing expiration date. See My Account for flight credit expiration dates, if any.
1FLEXIBILITY TERMS
At Southwest Airlines®, there are no change fees (fare difference may apply), no cancellation fees (failure to cancel a reservation at least 10 minutes prior to scheduled departure may result in forfeited travel funds), and Bags fly free® (two free checked bags, weight and size limits apply).
2Transferable Flight Credit
For Customers purchasing Wanna Get Away Plus, Anytime, or Business Select fares, Customers are allowed to transfer their flight credit to someone else. Both must be Rapid Rewards Members and only one transfer is permitted. The expiration date is up to 12 months from the date the ticket was booked. For bookings made through a Southwest™ Business channel, there is a limitation to transfer only between employees within the organization.
ABOUT SOUTHWEST AIRLINES CO.
Southwest Airlines Co. operates one of the world's most admired and awarded airlines, offering its one-of-a-kind value and Hospitality at 121 airports across 11 countries. Having celebrated its 50th Anniversary in 2021, Southwest took flight in 1971 to democratize the sky through friendly, reliable, and low-cost air travel and now carries more air travelers flying nonstop within the United States than any other airline1. Based in Dallas and famous for an Employee-first corporate Culture, Southwest maintains an unprecedented record of no involuntary furloughs or layoffs in its history. By empowering its more than 62,0002 People to deliver unparalleled Hospitality, the maverick airline cherishes a passionate loyalty among as many as 130 million Customers carried a year. That formula for success brought industry-leading prosperity and 47 consecutive years3 of profitability for Southwest Shareholders (NYSE: LUV). Southwest leverages a unique legacy and mission to serve communities around the world including harnessing the power of its People and Purpose to put communities at the Heart of its success. Learn more by visiting Southwest.com/citizenship. Southwest is also continuing to develop tangible steps toward achieving carbon neutrality by 2050, including offering Customers an opportunity to help the airline offset its carbon emissions. To be part of the solution, visit Southwest.com/wannaoffsetcarbon.
1) U.S. Dept. of Transportation most recent reporting of domestic originating passengers boarded
2) Fulltime-equivalent active Employees
3) 1973-2019 annual profitability
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SOURCE Southwest Airlines Co. | https://www.wibw.com/prnewswire/2022/07/28/southwest-airlines-eliminates-expiration-dates-flight-credits/ | 2022-07-28T11:35:52Z |
The House committee investigating the Jan. 6, 2021 attack on the U.S. Capitol has postponed its Wednesday hearing slated to review former President Trump’s efforts to pressure the Justice Department to investigate his unfounded claims of election fraud.
In an advisory, the committee said its scheduled hearing on Thursday would still take place but provided no other details.
Former acting Attorney General Jeffrey Rosen, his deputy Richard Donoghue and Steven Engle, then the head of the Office of Legal Counsel, were all expected to appear before the committee on Wednesday.
Rosen and Donoghue were some of the committee’s earliest witnesses to voluntarily testify before the panel’s investigators and also spoke with the Senate Judiciary Committee for a report it released in October.
“In our third hearing, you will see that President Trump corruptly planned to replace the Attorney General so the U.S. Justice Department would spread his false stolen election claims,” Vice Chair Liz Cheney (R-Wyo.) said during the committee’s first prime-time hearing last Thursday to preview its coming work.
“In the days before Jan. 6 President Trump told his top Justice Department officials: ‘Just say the election was corrupt and leave the rest to me and the Republican congressmen.’”
Trump’s pressure campaign at the Justice Department was reported just days after President Biden took office in a New York Times report detailing a remarkable meeting during which Trump said he would install a mid-level lawyer as his attorney general in order to forward an investigation into election fraud claims in Georgia and other states. | https://cw33.com/news/nexstar-media-wire/jan-6-committee-postpones-wednesday-hearing/ | 2022-06-14T17:21:50Z |
Luxury Retailer Expands Their Certified Humane® & Organic Offering
CLAREMONT, N.H., May 16, 2022 /PRNewswire/ -- "If it's here - it's good for you". More than a clever tagline, it is a promise made by upscale retailer, Erewhon Market. The West Coast grocer is focused on helping the community live a more radiant lifestyle through exceptional, organic eats. As part of their nutrition-driven mission, the company recently added several all-natural, Certified Humane® and USDA Organic smoked skus to the store shelf.
Erewhon shoppers can choose from four North Country Smokehouse products, available in all seven SoCal based locations. Newly stocked organic items include applewood smoked bacon, sugar-free bacon, Canadian bacon, and North Country's newest offering, applewood smoked ham steak.
On a mission to protect the health of people and the planet, Erewhon describes themselves as a community of people united in their love for pure products. That shared philosophy made the partnership a natural fit for both brands who focus on delivering niche, sustainably sourced eats to consumers who demand more from their meat and value ethically driven brands.
About North Country Smokehouse
As one of America's few remaining, family-owned smokehouses, North Country's mission is to hand craft premium, artisanal smoked meats through culinary excellence, exceptional animal care standards, and respect for the land. Located in the heart of New England, their authentic charcuterie features only the best hand-selected, natural ingredients, and small batch smoking process over embers of local hardwoods.
Available in traditional, all-natural certified humane®, and organic varieties, the NCS product line features smoked bacon, ham, sausages, and deli meats, as well as unique offerings like smoked chicken, and Cajun Pork Tasso. Their recipes are prepared using old world, European techniques, resulting in the distinct flavor they are well-known for today.
Recognized for an innovative approach to dining, North Country Smokehouse partners with respected chefs nationwide, to develop signature recipes that enhance menus with their on-trend approach to flavor. Voted America's Best Bacon by Men's Journal, New England's Best Meat by Yankee Magazine, and The Best Bacon in America by Food & Wine, North Country has been noted for balancing taste with time honored tradition and modern food trends.
Available through upscale retailers, discerning distributors, and with custom crafted recipes in noted restaurants, hotels and resorts across the country, North Country has provided customers with better choices at the table for more than one hundred years.
Visit ncsmokehouse.com for more information.
Media Contact:
Alicia Baker
North Country Smokehouse; Director of Marketing
603.542.8323 ext. 214
alicia@ncsmokehouse.com
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SOURCE North Country Smokehouse | https://www.kxii.com/prnewswire/2022/05/16/north-country-smokehouse-shelf-erewhon-market/ | 2022-05-16T14:52:06Z |
Football data and analytics startup among top applicants selected for Growth Factory's exclusive accelerator program
SACRAMENTO, Calif., Aug. 17, 2022 /PRNewswire/ -- Modern Football Technology, a football analytics software company, announced today that it received pre-seed investment from Growth Factory and was selected to participate in the second cohort of the Growth Factory accelerator program. This milestone further validates Modern Football Technology's mission to help football coaches at all levels simplify and elevate their use of technology to an elite level. "As we scouted for Sacramento-based venture backable companies with strong teams, traction, and market timing, MFT rose to the top of our applicant list. With MFT's deep understanding of the problem, Growth Factory and our community of investors, partners and mentors are excited to support Christian and team as they help coaches move from data fatigue to football intelligence and beyond," said Rick Spencer, Managing Partner of Growth Factory Ventures.
"We are proud to join the Growth Factory's community of world-class entrepreneurs," said Christian Masegian, CEO and co-founder of Modern Football Technology. "The sports analytics industry is a multi-billion dollar market, and Modern Football addresses the growing needs of coaches, as the profession is flooded with devices and data."
As a participant, Modern Football Technology will receive pre-seed investment, 12 months of structured support, including office space, back-office services, and mentoring, and will be connected to some of the region's most talented, resourceful, and committed people.
For media inquiries, please contact info@teammofo.com.
About Modern Football Technology: Modern Football Technology is a data management and analytics software company that delivers concise, actionable insights that create competitive advantages on the field and in recruiting. It has developed a software platform that serves as a structure for how coaches collect and extract data. To learn more about Modern Football Technology, visit www.teammofo.com.
About The Growth Factory: The Growth Factory is a nonprofit startup accelerator and venture fund whose mission is to launch and scale high-potential venture-backed companies in the Greater Sacramento region. Growth Factory provides members with capital, tools, and expert mentoring to accelerate founders and their companies from MVP to product-market fit, venture-backed, and beyond. To learn more about Growth Factory, visit www.growthfactory.us.
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SOURCE Modern Football Technology | https://www.wibw.com/prnewswire/2022/08/18/modern-football-technology-accepted-into-growth-factory-receives-investment/ | 2022-08-18T00:23:10Z |
VIENNA, Va., June 28, 2022 /PRNewswire/ -- On June 9, The American Film Institute presented the 48th AFI Life Achievement Award to Julie Andrews at a Gala Tribute in the heart of Hollywood, California. Tony Jimenez – Founder, President, and CEO of MicroTech – had the unique and distinguished honor of attending this momentous event as a member of the American Film Institute's National Council and Corporate Council. During a private reception the night prior to the gala, Tony had the pleasure of meeting Ms. Andrews, who is best known for "Mary Poppins" (1964), "The Sound of Music" (1965), "Victor Victoria" (1982), and "The Princess Diaries" (2001).
The star-studded gala featured tributes and speeches from Carol Burnett, Steve Carell, Gwen Stefani, Héctor Elizondo, and Jane Seymour; and taped messages from Dick Van Dyke, Anne Hathaway, Ariana DeBose, Hugh Jackman, Kristin Chenoweth, Kelly Clarkson, Nicola Coughlan, and Lin-Manuel Miranda.
Turner Classic Movies (TCM) will premiere the special, "The 48th AFI Life Achievement Award: A Tribute To Julie Andrews," on Friday, July 15, at 8:00 p.m. ET/PT.
To learn more about AFI and the AFI Life Achievement Award Tribute to Julie Andrews, please visit AFI.com.
About MicroTech: MicroTech, a U.S. Department of Veteran Affairs Verified and Certified Service-Disabled Veteran-Owned Small Business (SDVOSB) and National Minority Supplier Development Council (NMSDC) certified Minority Business Enterprise (MBE), has had noteworthy success since its inception in 2004. Under MicroTech's outstanding leadership, the privately-owned company has experienced exponential growth over the years and is repeatedly recognized as a small business success story. Regularly described as the "hottest Hispanic business in the nation," MicroTech was ranked as the #1 Fastest-Growing Hispanic Company in the Nation for three consecutive years by Hispanic Business Magazine. MicroTech was also named one of the Top 10 Fastest Growing Hispanic-Owned Companies in the Nation for five consecutive years.
MicroTech is a Managed Service Provider (MSP) providing Infrastructure Services and Solutions, Cyber Security Solutions, Cloud Computing, Information Technology, Professional Services, Network Systems Integration, Research and Development, and Leasing and Financial Services. The company provides Unified Communications Services, solutions, and support to federal, state, and local government agencies, public sector companies, and commercial enterprises. MicroTech is ISO 9001, ISO 20000, ISO 27001, ISO 20243 certified, and is CMMI Maturity Level 3 appraised in both CMMI Services (CMI-SVC) & CMMI Development (CMMI-DEV). Follow MicroTech on Twitter, Facebook, Instagram, and LinkedIn.
About the American Film Institute (AFI): Established in 1967, the American Film Institute is the nation's non-profit organization dedicated to educating and inspiring artists and audiences through initiatives that champion the past, present, and future of the moving image. AFI's pioneering programs include filmmaker training at the AFI Conservatory; year-round exhibition at the AFI Silver Theatre and Cultural Center and at AFI Festivals across the nation; workshops aimed at increasing diversity in the storytelling community; honoring today's masters through the AFI Life Achievement Award and AFI AWARDS; and scholarly efforts such as the AFI Catalog of Feature Films that uphold film history for future generations.
Contact:
Jennifer Berman
jennifer.berman@microtech.net
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SOURCE MicroTech | https://www.kxii.com/prnewswire/2022/06/28/microtech-ceo-meets-julie-andrews-afi-lifetime-achievement-awards-hollywood/ | 2022-06-28T13:31:44Z |
Sabre is Known for their Luxury Fifth Wheel RVs that are Loaded with Amenities
LEXINGTON, N.C., Aug. 16, 2022 /PRNewswire/ -- The founders of Country Roads RV Center are proud to announce that they have been an authorized dealer for the Sabre line of RVs for 14 years.
To learn more about Country Roads RV Center, please visit https://www.crrvc.com/sabre-rv-dealer/.
As a company spokesperson noted, since Country Roads RV Center opened its doors in 2008 the company has strived to offer only the highest quality, 5th wheels, travel trailers, and toy haulers.
Now, as one of the largest dealers in the state, Country Roads RV Center has grown to offer a full service and parts department. The family-owned and operated dealership strives to give their customers the most enjoyable experience possible.
"Our mission is to provide high-quality new and used RVs to our customers. At the same time, we understand that travel trailers, 5th wheels, and motorhomes are not created equally. Because of this, we do a thorough analysis of new product lines we carry prior to making the decision to place them in our inventory," the spokesperson noted, adding that after reviewing the Sandpiper makes and models, it was an easy decision to add these outstanding RVs to their lineup of products.
The Sabre 37FLH continues to be an extremely popular plan. This is a front living with 2 sleeper sofas and theater seating in the living area. The 2 sleeper sofas accommodate the kids or another family that may be staying for the weekend.
For the growing family, the Sabre 38DBQ can accommodate you. This unit features 2 full baths, a private bunk room with a sleeper sofa in the rear with an overhead loft also. A roomy king bed slide in the front along with a full closet and washer/dryer prep.
About Country Roads RV Center:
As one of the largest dealers in the state, Country Roads RV Center carries many different lines of 5th Wheels, Travel-Trailers, and Toy Haulers, as well as a full service and parts department. Family-owned and operated, they strive to give their customers the most enjoyable experience possible. For more information, please visit https://www.crrvc.com.
Country Roads RV Center
2609 Enterprise Road
Lexington, NC 27295
(336) 775-2100
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SOURCE Country Roads RV Center, Inc | https://www.mysuncoast.com/prnewswire/2022/08/16/country-roads-rv-center-celebrates-14-years-an-authorized-dealer-sabre-fifth-wheels/ | 2022-08-16T19:36:22Z |
Vocabulary questions reduce spelling bee to 3 letters: A, B or C
OXON HILL, Md. (AP) — The Scripps National Spelling Bee was rolling smoothly through the second day of its first fully in-person competition in three years. Then it transformed into the SAT.
An onstage vocabulary round during Wednesday’s semifinals introduced an element of randomness into the venerable bee, forcing spellers to demonstrate a different skill set and knocking out some of the bee’s most accomplished competitors.
Vivinsha Veduru and Roy Seligman, who tied for fourth place in last year’s bee: gone. Deetya Vuppala and Yash Shelar, the co-champions of this year’s expert-level SpellPundit online bee: also gone. All were denied a shot at Thursday’s finals without spelling a word incorrectly.
“I thought it was tragic,” said Grace Walters, a coach to multiple previous Scripps champions.
Walters’ only pupil this year, four-time bee participant Harini Logan, made it through the vocabulary round and was one of a dozen finalists. She’ll be joined on stage Thursday night by Sahasrad Satish, Ekansh Rastogi, Vikram Raju, Aliyah Alpert, Abhilash Patel, Sahana Srikath, Kirsten Santos, Nitya Kathiravan, Vihaan Sibal, Shijay Sivakumar and Saharsh Vuppala — Deetya’s twin brother.
For many spellers, the multiple-choice vocabulary questions took away their opportunity to use the skills they’ve honed over years of study: asking questions of the judges to help piece a word together; identifying roots; deducing which vowel makes the dreaded “uh” sound known as a schwa.
“The words that are sometimes asked may not necessarily be based on roots or easily decipherable, and so in that case it becomes a case of which kids are natural readers and have a lot of cultural capital, and which kids aren’t as culturally sophisticated,” said Scott Remer, a former speller who coached 21 competitors this year, including Saharsh and Deetya. “Some words you’re only going to pick up by reading newspapers, by reading certain books, and are not necessarily guessable.”
Yash was knocked out on “Stockholm syndrome,” a phrase that can’t be parsed via a speller’s expert knowledge of how sounds are constructed in various languages. Vivinsha didn’t know “ragout” was a sauce. Deetya was given “ergogenic,” and Roy’s bid to become the first champion from The Bahamas ended when he was asked to define “rumbustical.”
“With the word meaning, it’s a crapshoot,” said Arthur Seligman, Roy’s father. “You and I know what ‘Stockholm syndrome’ means, but an 11- or 12-year-old?”
Chris Dominick, an excitable 14-year-old from Struthers, Ohio, illustrated the grab-bag quality of the vocabulary round when he was given “leitmotif” and exclaimed, “I know what this is!”
A reliable narrator, Chris didn’t make it through the next spelling round. He was given “sirtaki” — a Greek dance — and said, “OK, I think I’m going to get out on this one.” And he did, after guessing the word started with a “c.”
“Goodbye, cruel world,” Chris said after hearing the bell.
Vocabulary has long been part of the bee, but only on written tests. The bee’s new executive director, J. Michael Durnil, who took over in 2021, added it to the live spelling rounds when a test became impractical during last year’s mostly virtual, pandemic-altered competition.
“This is Scripps’ way of ensuring that the competition does not become about memorizing words like code,” Walters said. “Putting in a vocab segment, it almost forces intimacy with language because you have to know what those words mean.”
Although spellers had to answer a vocabulary question during Tuesday’s preliminary rounds, it was sandwiched between two words they had to spell. The semifinals, then, were the first time that so many spellers — 31 at the start of the vocabulary round — had to stand in front of the microphone and pick one of three possible answers on a screen in front of them.
Some knew the answers right away. Some didn’t, and had to guess — A, B or C. And that was that.
Vihaan, a 13-year-old from McGregor, Texas, who’s in the finals for the second time, was asked to define “vermillion” and noted that every multiple-choice option he was given was a color. He was shocked to see Roy knocked out.
“I know he’s a really strong speller. Probably stronger than me,” Vihaan said.
Harini, a 14-year-old from San Antonio, Texas, was one speller who kept her cool throughout, even when pronouncer Jacques Bailly made a rare flub, initially leaving a syllable out of “quinquefoliolate,” the word that got her into the finals.
Much like her mastery of language, Harini puts plenty of work into her onstage sangfroid.
“Even though I am stressed in the moments leading up to getting my word, as soon as I get my word, I just try to put myself into a thinking process where I can really feel calm,” she said.
___
Follow Ben Nuckols at https://twitter.com/APBenNuckols
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/02/vocabulary-questions-reduce-spelling-bee-3-letters-b-or-c/ | 2022-06-02T11:44:34Z |
KANSAS CITY, Mo., June 6, 2022 /PRNewswire/ -- With significant cultural shifts underway, dads are shedding expectations of being tough and all-knowing and embracing emotions and flaws as part of a real, balanced life. Hallmark is helping consumers recognize the softer side of fatherhood celebrating the steadfast love and support offered by the father figures in our lives. This Father's Day is all about love and time together, as dads prioritize quality time and genuine appreciation for all that they give.
To help consumers recognize fathers for their leadership, selflessness and unconditional love and support, Hallmark has an extensive lineup of greeting cards and gifts makes it easy to show dads, grandfathers and father figures how much they're valued. From meaningful cards and gifts that express gratitude for the lessons taught, to witty cards that perfectly encapsulate his sense of humor, Hallmark provides many ways to celebrate the unique relationships we have with our father figures.
"Father's Day is the perfect opportunity to celebrate and recognize dad for giving it their all," said Nicole Reid, vice president of ornaments, gifts and specialty retail at Hallmark. "Dad helps frame our values, encourages us and helps us prioritize what really matters each day. Whether you're gifting a card or present to your dad, grandfather, husband or son, it's important to let the father figures in our lives know how much they mean to us."
Hallmark helps celebrate close relationships in a simple yet meaningful way, bringing the special moments to life, with unique Father's Day greeting cards, video greetings and gifts, including:
Greeting Cards
- A picture may be worth a thousand words, and when combined with a personal message in a card picked just for dad, it becomes something of a treasure. Hallmark's new Video Greeting cards, like the Glad We're In This Together Video Greeting Romantic Father's Day Card and Dad Rocks! Video Greeting Father's Day Card for Dad, let you add a personalized video message inside a physical card – the perfect way to remind dad of his value and all the special memories shared.
- Paper Wonder adds dimension to cards and tells a unique story through memorable paper craft artwork that allows the card to double as a keepsake like the BBQ Grill 3D Pop-Up Father's Day Card for Dad.
- Hallmark Signature's distinctive products feature unique processes, craftsmanship and attention-grabbing dimension. The Father's Day collection includes Celebrating You Father's Day Card and Star Wars: The Mandalorian™ The Child™ Today Is All About You Card.
- Mahogany celebrates, affirms and enriches strong cultural ties and relationships with designs including the Dad Skills Father's Day Card, A Wealth of Happiness Love Card for Father and You Made Growing Up Years Good Father's Day Card for Grandpa.
- Good Mail cards feature trend-forward designs, a modern voice and positive vibes that encourage people to reach out to let dad know he matters like the Bigfoot Legendary Father's Day Card and the Amazing Dad Yearly Reminder Father's Day Card.
- Hallmark Vida is crafted with the Latino community in mind, reflecting common motifs, milestones and traditions like the How Much You're Loved Spanish-Language Father's Day Card.
- Shoebox's humor cards are quick, unexpected, casual, conversational and sometimes edgy like the Dad Bod Father's Day Card and Daddy Mary Cocktail Father's Day Card.
Digital Video Greeting Cards
A great alternative to sending dad a physical card this Father's Day is sending the surprise of a Digital Video Greeting. Digital Video Greetings make it easy for individuals and groups to add photos, videos, text and music to create a one-of-a-kind greeting and show dad just how much he is loved and appreciated for giving his all.
Father's Day Gifts
In addition to a wide collection of greeting cards, Hallmark also offers Father's Day gifts to show your love and appreciation for every dad in your life.
- Keep dad's drinkware game strong with the Best Dad Ever Pilsner Glass, Leader of the Pack Pint Glass or Kick Bass Ceramic Mug.
- Gift the grill master in your family the Grilling Dad Oven Mitt and Platter Gift Set.
- Socks for every outdoor occasion including the Par-tee On Golf Toe of a Kind Novelty Crew Socks and Kick Bass Fishing Toe of a Kind Novelty Crew Socks.
- To wrap everything up, Hallmark offers a variety of gifting bags and accessories like the World's Best Dad Medium Gift Bag With Tissue Paper and the Winning Dad Large Gift Bag With Tissue Paper.
No matter how you choose to celebrate Father's Day, Hallmark is here to help with a wide variety of one-of-a-kind greeting cards and gifts for all the father figures in your life.
Visit hallmark.com to shop online or find the nearest store.
About Hallmark
For more than 100 years, family-owned Hallmark Cards, Inc. has been dedicated to creating a more emotionally connected world. Headquartered in Kansas City, Missouri and employing 30,000 worldwide, the approximately $4 billion company operates a diversified portfolio of businesses. The Hallmark Global business sells greeting cards, gift wrap and related products in more than 30 languages with distribution in more than 100 countries and 100,000 rooftops worldwide, including about 2,000 Hallmark Gold Crown stores in five countries. Crayola® offers a wide range of art materials and creative play toys designed to spark children's creativity around the globe. Crown Media Family Networks operates three cable channels — Hallmark Channel, Hallmark Movies & Mysteries, and Hallmark Drama — in addition to Hallmark Publishing, a leading publisher of uplifting eBooks, audiobooks and print editions, and Hallmark Movies Now, a subscription-based streaming service. Crown Center is a real estate development company that manages the 85-acre hotel, office, entertainment and residential campus surrounding Hallmark's headquarters. For more information, visit Hallmark.com. Connect on Instagram, TikTok, Facebook, LinkedIn, YouTube, Pinterest and Twitter.
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SOURCE Hallmark Cards, Inc. | https://www.wibw.com/prnewswire/2022/06/06/hallmark-thanks-dads-this-fathers-day-giving-it-their-all/ | 2022-06-06T12:08:11Z |
Leading Car Wash Aggregator Plans to Help Tennessee, West Virginia, and Virginia-based Operator Innovate & Grow
BALTIMORE, June 27, 2022 /PRNewswire/ -- Spotless Brands ("Spotless"), a portfolio company of Baltimore-based Access Holdings, has closed its investment in Ultimate Shine Car Wash ("Ultimate Shine"), a leading car wash operator in Tennessee, West Virginia, and Virginia. As the only car wash consolidator with the leading position across multiple markets, Spotless will support Ultimate Shine by providing best-in-class processes, capital investment, technology innovation, and operational support to bolster Ultimate Shine's position within its existing markets and expand into new geographies.
"We are excited to partner with Ultimate Shine," said Russ Reynolds, CEO of Spotless. "After extensive research into the car wash industry, we have identified Ultimate Shine as an operator uniquely positioned to expand its footprint both within its existing markets as well as into new markets. For more than 17 years, Ultimate Shine has provided high-quality services and excellence across eastern Tennessee, Virginia, and West Virginia. Spotless looks forward to providing the resources to expand, enhance its services, and maintain Ultimate Shine's position as the premier car wash operator of choice."
Ultimate Shine Car Wash was established in 2005 by David Wild and operates 17 locations across eastern Tennessee, Virginia, and West Virginia. The family-owned operation is committed to providing consistent quality customer-service and offers a variety of express wash options.
Spotless has identified Ultimate Shine as an operator uniquely positioned to scale and build an enduring business within its market. In addition to its existing locations, Ultimate Shine has an actionable pipeline of over 30 de novo opportunities. Spotless and Ultimate Shine are aligned on a win-win value creation strategy that combines Ultimate Shine's local knowledge and premier locations with Spotless Brands' innovative best practices and winning customer centric and member driven playbook. The partnership aims to grow Ultimate Shine's business to over 50 locations by 2023.
"We could not be more pleased to partner with Spotless, an organization that shares our vision for quality, growth and innovation," said Ultimate Shine Founder and President David Wild. "Spotless went to great lengths to understand our business and develop a forward-thinking plan for sustainable expansion that synergizes both companies' strengths. We are excited to be entering this agreement with a partner that has operational best practices and strategies to further scale our business."
Spotless' portfolio now includes 120 units across Arizona, Colorado, Oklahoma, Washington, D.C., Virginia, West Virginia, Tennessee, and Maryland via its market-leading brands, Cobblestone Auto Spa, Okie Express Auto Wash, Flagship Car Wash, and Ultimate Shine Car Wash with an additional 50 units set to open in 2022, totaling 170 units by year end. With an unmatched platform for growth and strong leadership team in place, Spotless is attracting premier car wash operators to join its growing network of industry-leading brands and expects to add two to four designated marketing areas (DMA) in 2022 with plans to reach 250 car wash units by 2023.
Spotless is dedicated to executing a purposeful growth strategy by partnering with leading express car wash operators in attractive markets. Please contact Christian Seem at cseem@spotlessbrands.com to discuss partnership and new development opportunities.
Access Holdings formed Spotless Brands in 2019 with a singular goal: to build market-leading car wash platforms in partnership with world-class operators. Through its partnerships with Flagship Car Wash, Cobblestone Auto Spa, Okie Express Auto Wash, and Ultimate Shine Car Wash, Spotless Brands currently operates 120 locations in Arizona, Colorado, Oklahoma, Washington D.C., Maryland, West Virginia, Virginia, and Tennessee. With a robust pipeline of acquisitions and new development opportunities, Spotless Brands is on track to significantly expand in each of its markets in 2022. For more information, please visit www.spotlessbrands.com.
Access Holdings Management Company LLC is a Baltimore-based middle-market investment firm with over $2.1 billion in assets under management. Founded in 2013, Access provides high-quality, direct investments opportunities to create concentrated portfolios of essential service-based businesses in North America. We undertake active build-and-buy strategies, pursuing what we want to own, great markets and distinct business models. In doing so, Access partners, scales, and innovates to build enduring businesses. For more information, please visit www.accessholdings.com.
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SOURCE Spotless Brands/Access Car Wash Holdings LLC | https://www.wibw.com/prnewswire/2022/06/27/spotless-brands-partners-with-ultimate-shine-car-wash/ | 2022-06-27T20:05:05Z |
DALLAS (KDAF) — Driving on the highways, local roads, tollways and everything outside and in between can be stressful even with the best of drivers and especially the worst of them.
QuoteWizard has put together a ranking of the best and worst drivers by U.S. cities, “We’ve all seen them: the slow driver crawling along in the left lane, the two-spot parker at the crowded grocery store, the person sipping coffee while texting at a light that turned green long ago. Every city may think they have the worst drivers in the country, but our annual report identifies the ones that actually do.”
It’s really simple cities with the most dangerous driving accidents are among the worst and if cities have fewer dangerous driving accidents they’re rated as the best. So, let’s start with the worst and if you live in California, you might be one of the worst.
- Bakersfield
- Sacramento
- Baton Rouge
- Los Angeles
- San Francisco
- San Diego
- Fresno
- Riverside
- Richmond
- Jacksonville
Now, for the best drivers; funny enough two of Texas’ major cities have cracked this list at the No. 6 and 9 spots:
- Louisville
- Hartford
- Little Rock
- Oklahoma City
- Tulsa
- Dallas
- Pittsburgh
- Detroit
- Houston
- Chicago
For the full study and rankings from QuoteWizard, click here! | https://cw33.com/news/local/2-major-texas-cities-ranked-among-u-s-cities-with-best-drivers/ | 2022-07-14T18:15:10Z |
Texas State Railroad's Great Guest Reviews Land It A Place Among Travelers' Favorites
PALESTINE, Texas, July 20, 2022 /PRNewswire/ -- Texas State Railroad (TSR) today announced it has been recognized by Tripadvisor as a 2022 Travelers' Choice award winner. The award celebrates businesses that have received great traveler reviews from visitors from around the country on Tripadvisor over the last 12 months. As challenging as the past year was, TSR stood out by consistently delivering positive experiences to their guests.
"We are honored to be recognized as a 2022 Tripadvisor Travelers' Choice Winner," said Amy Parady, Director of Business Development for the TSR. "Our guests are our number one priority! Many guests come to experience a vintage train ride as it is a unique outing; however, we strongly believe they will return because of our customer service. Our team is firmly committed to providing the best experience possible."
"Congratulations to the 2022 Tripadvisor Travelers' Choice Winners," said Kanika Soni, Chief Commercial Officer at Tripadvisor. "The Travelers' Choice Awards recognize the best in tourism and hospitality, according to those who matter most: your guests. Ranking among the Travelers' Choice winners is always tough — but never more so than this year as we emerge from the pandemic. Whether it's using new technology, implementing safety measures, or hiring outstanding staff, I'm impressed by the steps you've taken to meet travelers' new demands. You've adapted brilliantly in the face of adversity."
To see visitor reviews, excursions and event trains of TSR, visit https://www.tripadvisor.com/Attraction_Review-g56414-d11887226-Reviews-Texas_State_Railroad-Palestine_Texas.html
TSR is a tourist railroad offering round trip steam and diesel excursions through the scenic Piney Woods of East Texas. In 2003, the Texas state legislature designated the Texas State Railroad as the official railroad of Texas! Our excursion trains operate between Palestine and Rusk TX. The Texas State Railroad is a subsidiary of Jaguar Transport Holdings out of Joplin, MO.
Tripadvisor, the world's largest travel guidance platform*, helps hundreds of millions of people each month** become better travelers, from planning to booking to taking a trip. Travelers across the globe use the Tripadvisor site and app to discover where to stay, what to do and where to eat based on guidance from those who have been there before. With more than 988 million reviews and opinions of nearly 8 million businesses, travelers turn to Tripadvisor to find deals on accommodations, book experiences, reserve tables at delicious restaurants and discover great places nearby. As a travel guidance company available in 43 markets and 22 languages, Tripadvisor makes planning easy no matter the trip type.
The subsidiaries of Tripadvisor, Inc., own and operate a portfolio of travel media brands and businesses, operating under various websites and apps, including the following websites:
www.bokun.io, www.cruisecritic.com, www.flipkey.com, www.thefork.com, www.helloreco.com, www.holidaylettings.co.uk, www.housetrip.com, www.jetsetter.com, www.niumba.com, www.seatguru.com, www.singleplatform.com, www.vacationhomerentals.com, and www.viator.com.
* Source: SimilarWeb, unique users de-duplicated monthly, September 2021
** Source: Tripadvisor internal log files
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SOURCE Texas State Railroad | https://www.wibw.com/prnewswire/2022/07/20/texas-state-railroad-wins-2022-tripadvisor-travelers-choice-award/ | 2022-07-20T21:43:47Z |
Student with brain cancer granted dying wish to graduate high school
By Amanda Dukes
Click here for updates on this story
ORANGE COUNTY, Florida (WESH) — A young man who has been battling brain cancer for almost a decade had one last wish: to graduate from Boone High School.
Thanks to hospice workers and school staff, Thursday his dream came true.
Abraham Maldonado was greeted by family, teachers and hospice workers who gathered at Boone High School to grant the teen his last and greatest wish.
“His last wish is that he wants to graduate a Boone Brave, and that was about 72 hours ago, and that is really our answer. Hands down, absolutely!” Boone High Principal Dusty Johns said.
Johns says Maldonado, who’s been battling brain cancer for nine years, attended Boone up until two years ago when his illness forced him to transition to studying at home.
Hospice workers from Vitas Services recently learned about Abraham’s dream of graduating from Boone, so they got to work reaching out to the school.
Maldonado is just a few credits shy of his degree, but he was given an honorary diploma in front of all those who have supported him on his journey.
“You have been a model student despite many many challenges, and we all marvel at what you’ve learned accomplished and shown us,” Elizabeth Theis, the principal of OCPS’s Hospital Homebound program, said.
Judging by Maldonado’s wide smile, the ceremony was what Maldonado and his parents dreamed of.
“He has been challenged and fighting with cancer for nine years, since first grade,” Ramos Maldonado, his father, said. “He never missed any grade in this school, so we are happy that he completed the high school diploma today.”
WESH 2 News asked Abraham Maldonado what he would like to share on his special day.
“Never give up,” Maldonado said.
Spoken by a true expert who, despite 18 surgeries and years of chemotherapy and radiation, never gave up on his dream of graduating a Boone Brave.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/05/27/student-with-brain-cancer-granted-dying-wish-to-graduate-high-school/ | 2022-05-27T20:17:19Z |
–Giesen 0% Sauvignon Blanc is the #1 selling premium alcohol-removed wine in the U.S.–
–Giesen 0% expands range in response to consumer demand with new
Rosé, Premium Red, Pinot Grigio and Riesling–
BLENHEIM, New Zealand, July 18, 2022 /PRNewswire/ -- Giesen 0% of New Zealand, the global premium brand leader in alcohol-removed wines, has reported a 454% growth in shipments to the U.S in fiscal year 2022. On track to have another record sales year, Giesen 0% Sauvignon Blanc continues to lead the premium tier (priced over $12) for non-alcoholic wines in the U.S. The strong business performance highlights growing consumer demand for quality alcohol-removed wines, driven by U.S. wine drinkers seeking lower-calorie, non-alcoholic options that match healthy lifestyle preferences.
Non-alcoholic wine sales are up 22% over the last 52 weeks (ending 6/30/22), according to NielsenIQ Panel, with average consumer spending per non-alcohol bottle up 18% over the same period. Nielsen further reports that 66% percent of millennials are actively working to lower their alcohol intake. 56% of millennials consider themselves "mindful drinkers" and also purchase alcoholic wine, beer or spirits. Most recently, online beverage marketplace Drizly announced that the 4th of July weekend 2022 saw nearly twice as many non-alcoholic wine and beer sales as compared to 2021.
Giesen Group has responded to the popularity of their Giesen 0% Sauvignon Blanc, New Zealand's benchmark variety, with the release of three new alcohol-removed wines in spring 2022, and a fourth coming in fall 2022. The line extension includes popular wine styles that will greatly expand the premium non-alcoholic range, namely: Giesen 0% Rosé, 0% Premium Red, 0% Pinot Grigio (available now) and 0% Riesling (available in fall 2022).
President Mark Giordano of Giesen Group importer Pacific Highway Wines comments, "Giesen 0% growth is not only outpacing the non-alcohol wine category in the U.S. but is setting new standards for premium quality non-alcoholic offerings globally." Giordano continues, "Giesen 0% Sauvignon Blanc is the number one selling non-alcoholic Sauvignon Blanc in the U.S. and Giesen 0% Rosé is the number two selling non-alcoholic Rosé (Nielsen, 4 weeks ending 6/30/22). We anticipate a continued fast pace and exciting success with the rest of the line extension over the coming months."
Giesen Group is committed to changing consumer perceptions and educating wine drinkers about the quality potential across their 0% range. "This is an opportunity to show consumers that craft and premium alcohol-removed wine are available in many styles," says Giesen Group Chief Winemaker Duncan Shouler. "Wine lovers should not have to compromise on taste, so we're using our 40 years of winemaking experience to make a great quality wine first, then gently removing alcohol using innovative spinning cone technology. Our new Rosé and Pinot Grigio deliver the bright, fresh flavors consumers crave – and our Premium Red Blend expands our offering with a fruity style with great structure."
The suggested retail price for Giesen 0% Sauvignon Blanc, Giesen 0% Rosé, Giesen 0% Premium Red, Giesen 0% Pinot Grigio and Giesen 0% Riesling is $15.99. Giesen 0% wines are exclusively imported by Pacific Highway Wines & Spirits. For more information about Giesen 0%, including samples and interview requests, please contact Elodi Bodamer or Helen Gregory at Gregory + Vine.
Founded by brothers Theo, Alex, and Marcel in 1981, family owned Giesen Group of New Zealand has been an industry leader for nearly four decades. With an uncompromising drive for quality and a strong culture of innovation, the brothers' investment in their people, vineyards, and dynamic portfolio of wines has resonated with consumers worldwide. Based in Marlborough, the Giesen family produces wine to be enjoyed at every occasion, from their highly awarded organic Clayvin Single Vineyard wines to the widely successful Giesen Estate wines and Giesen 0% range. Inspired by today's preference for mindful drinking and flavorful choices, Giesen 0% is the world's leading premium range of alcohol-removed wines including New Zealand Sauvignon Blanc, Pinot Grigio, Rosé, Riesling and Red Blend.
Giesen Group is a pioneer in the non-alcohol wine category, having introduced the world's first alcohol-removed New Zealand Sauvignon Blanc – Giesen 0% – in early 2020. Today, Giesen Group is leading the category investment as the first New Zealand winery to own a spinning cone unit, allowing for winemaking innovation, varietal trials and ultimate quality control. Representing an investment of over $2 million, the Giesen Group spinning cone machine gently distills wine into three layers: aroma, alcohol and body. Leaving the alcohol aside, the distinctive aroma is combined with the body of the wine to create 0% alcohol wine with as many recognizable varietal characteristics as possible. All Giesen 0% wines contain no more than 0.5% alcohol/volume, the level required for non-alcoholic beverages (comparable to the amount of alcohol that naturally occurs in fruit juice).
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SOURCE Giesen Group | https://www.mysuncoast.com/prnewswire/2022/07/18/non-alcoholic-wines-post-record-gains-giesen-group-new-zealand-leads-premium-alcohol-removed-wine-category-with-454-growth/ | 2022-07-18T14:48:27Z |
Announces appointments for SVP Global Channels, Partner Alliances and VP of Sales, North America
NEW YORK and TEL AVIV, Israel , May 16, 2022 /PRNewswire/ -- Cymulate, the Extended Security Posture Management market leader, today announced the appointment of Federica Melis, as SVP Global Channels and Partner Alliances and Rudy Piekarski as Vice President of Sales, North America, to lead their respective sales strategies and help further expand its customer base. The company continues to experience exceptional growth, having achieved 100% revenue growth globally, and 200% growth in North America in new bookings in 2021.
Melis joins Wendy Hoey, VP Alliances of North America and a previous winner of CRN's top Women of the Channel, in spearheading Cymulate's go-to-market channel strategy. Originally from Italy, Melis moved to the US five years ago after working in Germany for several years. Prior to joining Cymulate, Federica held senior roles at cybersecurity companies such as Proofpoint where she was recognized for her commercial leadership and was a member of the advisory council for business growth. She also held positions at tech giants such as Oracle, Citrix, Red Hat, and Dell, with her core focus on Fortune 1000 companies.
"I am very excited to join Cymulate," said Federica. "Cybersecurity is a complex and interesting space where you have the opportunity to make a difference for companies and help protect them from real threats. Cymulate's product is extremely compelling and I am looking forward to working alongside this dynamic team of professionals."
With over 25 years of experience, Rudy is a seasoned sales executive with an impressive track record of leading teams and growing customer bases comprising Fortune 500 and Global 2000 companies as well as government organizations, most notably at LogRhythm. He has played a key role in taking several companies he has worked for to successful exits.
"Cymulate's platform has broadened its capabilities over recent months and provides a simple, surefire route for companies to understand their cyber posture. I believe this technology will play a vital role in the cyber arsenal of security teams for years to come," said Rudy. "I'm delighted to be joining the team, propelling the company to the forefront of CISO agendas and assisting in taking the company to its next growth level."
"We are very excited to expand our workforce and welcome Federica and Rudy to our Cymulate family as we continue reaching our key milestones," said Eyal Wachsman, CEO and Co-Founder of Cymulate. "They are both stellar executives, with rich experience, who will contribute great outcomes for our company. We look forward to Cymulate's continued success with both Federica and Rudy's talent onboard."
About Cymulate
Cymulate SaaS-based Extended Security Posture Management (XSPM) deploys within an hour, enabling security professionals to continuously challenge, validate and optimize their cyber-security posture end-to-end, across the MITRE ATT&CK® framework. The platform provides out-of-the-box, expert and threat intelligence led risk assessments that are simple to deploy and use for all maturity levels, and constantly updated. It also provides an open framework to create and automate red and purple teaming by generating penetration scenarios and advanced attack campaigns tailored to their unique environments and security policies. Cymulate allows professionals to manage, know and control their dynamic environment.
For more information, visit www.cymulate.com and register for a free trial.
Contact for Cymulate:
Levona Simha, VP Marketing at Cymulate
levonas@cymulate.com
IL: +(972) 523 536638
Media contact for Cymulate:
Gina Shaffer
gina.shaffer@si14global.com
US: +1(707) 533-1504
IL: +(972) 54-649-3485
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SOURCE Cymulate | https://www.wibw.com/prnewswire/2022/05/16/cymulate-bolsters-north-america-global-sales-leadership-with-new-executive-appointments/ | 2022-05-16T13:10:00Z |
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