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NEW YORK, May 10, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings (NYSE: BKKT) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired: (a) Bakkt securities between March 31, 2021 and November 19, 2021, both dates inclusive; and/or (b) Bakkt Class A common stock pursuant and/or traceable to documents issued in connection with the business combination between the Company and Bakkt Holdings, LLC completed on or about October 15, 2021.
Lead Plaintiff Deadline: June 20, 2022
No obligation or cost to you.
Learn more about your recoverable losses in BKKT:
https://www.kleinstocklaw.com/pslra-1/bakkt-holdings-inc-f-k-a-vpc-impact-acquisition-holdings-loss-submission-form?id=26960&from=4
Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings NEWS - BKKT NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings made materially false and/or misleading statements and/or failed to disclose that: (i) the Company had defective financial controls; (ii) as a result, there were errors in the Company's financial statements related to the misclassification of certain shares issued prior to the business combination between the Company and Bakkt Holdings, LLC; (iii) accordingly, the Company would need to restate certain of its financial statements; (iv) the Company downplayed the true scope and severity of these issues; (v) the Company overstated its remediation of its defective financial controls; and (vi) as a result, the documents issued in connection with the business combination and defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings you have until June 20, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Bakkt Holdings, Inc. f/k/a VPC Impact Acquisition Holdings securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the BKKT lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/bakkt-holdings-inc-f-k-a-vpc-impact-acquisition-holdings-loss-submission-form?id=26960&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.wibw.com/prnewswire/2022/05/10/bkkt-alert-klein-law-firm-announces-lead-plaintiff-deadline-june-20-2022-class-action-filed-behalf-bakkt-holdings-inc-fka-vpc-impact-acquisition-holdings-shareholders/ | 2022-05-10T10:02:15Z |
Caught on camera: Vehicle crashes onto Florida beach
DAYTONA BEACH, Fla. (WESH) - A vehicle was caught on camera crashing onto a beach in Florida.
A lifeguard moved out of the way just in time, then rushed to help rescue the passengers trapped inside.
“I mean it was in a couple feet of hitting my tower,” lifeguard Damien Curry said.
Curry said he was stunned in the late afternoon of Sunday as a vehicle, seen in a new video from a nearby hotel, rolled onto the beach and into the ocean.
The vehicle first hit the unoccupied toll booth and closed gate.
“I saw the car smack into the toll booth, toll booth exploded,” Curry said. “I was like, ‘Oh my gosh.’ I’m turning around. I’m looking at it, and the car is coming at me. The glass was shattered. The bumper’s off. It’s smoking. It’s coming at me. I’m like, it just barely misses me.”
It didn’t miss a 5-year-old boy, swimming, who was pulled under the vehicle.
David Alamos took some stitches for deep lacerations but has since been released from the hospital.
Curry ran to the vehicle. The driver, his fiance and two children were inside.
“The car is almost to the sandbar so it’s floating, right, and like a mob of people are trying to bring it back,” he said.
They got it back. Curry rescued one of the children. The other child and the mother were already out.
Then he went for the driver, who authorities believe suffered some kind of seizure, causing him to lose control.
“I’m unbuckling this guy, the driver and I’m getting buzzed, like the car is short circuiting, you know? I’m like, I’m getting shocked, shocked, yea, like electrical shock,” Curry said.
Despite the risks, Curry knew people were in trouble.
“Anything goes in that water, I’m going to go after it,” he said. “Anybody on this beach would have done it. I work with a bunch of heroes, and I look up to all of them.”
The driver of the vehicle is in the hospital.
A family spokesperson said he has been referred to a neurologist in his home state of Massachusetts.
Copyright 2022 WESH via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/07/28/caught-camera-vehicle-crashes-onto-florida-beach/ | 2022-07-28T14:20:05Z |
T-Mobile settles to pay $350M to customers in data breach
NEW YORK (AP) — T- Mobile has agreed to pay $350 million to customers affected by a class action lawsuit filed after the company disclosed last August that personal data like social security numbers had been stolen in a cyberattack.
In a Securities and Exchange Commission filing on Friday, the mobile phone company said the funds would pay for claims by class members, the legal fees of plaintiffs’ counsel and the costs of administering the settlement. It also said it would spend $150 million through 2023 to fortify its data security and other technologies.
T-Mobile said the settlement contains no admission of liability, wrongdoing or responsibility by any of the defendants.
The company said that it expects court approval of the terms of the settlement as early as December 2022.
Nearly 80 million U.S. residents were affected by the breach. In addition to Social Security numbers, other information breached included names and information from driver’s licenses or other identification.
T-Mobile, based in Bellevue, Washington, became one of the country’s largest cellphone service carriers, along with AT&T and Verizon, after acquiring rival Sprint in 2020. It reported having a total of 102.1 million U.S. customers after the merger.
T-Mobile said it expects to record a total pre-tax charge of roughly $400 million in the second quarter of this year.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/23/t-mobile-settles-pay-350m-customers-data-breach/ | 2022-07-23T15:00:30Z |
A former deputy sheriff was sentenced to 18 years in prison for the drownings of two mental health patients in South Carolina after Hurricane Florence in 2018.
Stephen Flood was found guilty in Marion County Thursday of two counts of involuntary manslaughter and two counts of reckless homicide.
CNN previously reported South Carolina National Guardsmen allowed Horry County deputies Flood and Joshua Bishop to drive around a barricade blocking a flooded road moments before Nicolette Green and Wendy Newton drowned inside the vehicle.
The families of Green and Newton spoke to the judge before Flood was sentenced, affiliate WPDE reported.
The women's mothers described their pain over the last years without their daughters, the station reported. Some family members said they forgive Flood.
Flood also spoke to the judge before sentencing.
"I did everything humanly possible with the inmates and the mental health patients. To treat them with dignity and respect," he said. "And even while we were stuck in the water, I was talking to the girls. Trying to comfort them.
"And I never, ever intended, to make this happen the way it did. It was a series of mistakes on my part. And other people that led me to that point in time that day. And that I'm sorry for what happened to the girls. And I know no matter what happens otherwise nothing is ever going to bring the girls back."
Both deputies were fired
Flood and Bishop were fired on October 24, 2018, Horry County Sheriff's Office Public Information Officer Brennan Cavanagh told CNN in an email.
Bishop is charged with two counts of involuntary manslaughter, according to court documents. No trial date has been set, according to Marion County Clerk's Office.
CNN reached out to Flood's attorney and the 12th Circuit Solicitor for comment.
The deputies escaped when high water swept away their vehicle on September 18, but they could not pull out the patients, the Horry County Sheriff's Office said.
Horry County spokeswoman Brooke Holden revealed guardsmen had waved the jail van around a barricade near the Little Pee Dee River in South Carolina. The river was over its flood stage.
Harrowing police scanner audio provides details of the efforts to save the women, who could be heard talking as rescuers scrambled to save them.
"The officers report they got out. The van is submerged, and they cannot get their inmates out," an unidentified person says.
Later, someone else reports, "We have the two deputies that are out of the van and are secure on the boat. The two inmates are in the back of the van -- are still in the van -- and they're talking, and they're working on getting them out now."
The women were "seat belted" in the back of the van, Horry County Chief Deputy Tom Fox said at the time.
Rescue teams were able to save the deputies from the van's roof. But they could not pull the vehicle from the water because it was too dangerous, the sheriff's office said.
The women's bodies were recovered by divers the following day and taken to Medical University of South Carolina for autopsies, officials said.
The victims were identified as Newton, 45, of Shallotte, North Carolina, and Green, 43, of Myrtle Beach.
The deputies were taking the women from Conway, near the coast, to Darlington, about 65 miles northwest.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/ex-deputy-gets-18-years-for-deaths-of-mental-health-patients-who-drowned-in-van/article_cd2af287-a24e-5366-9697-933c2ea2adcf.html | 2022-05-20T19:32:41Z |
Care Vans will be deployed to provide immunizations for back-to-school readiness, National Immunization Awareness Month
RICHARDSON, Texas, Aug. 1, 2022 /PRNewswire/ -- Efforts to bridge immunization gaps caused by the COVID-19 pandemic and decreased preventative health visits is top of mind this year as the The Caring Foundation of Texas ramps up free vaccination opportunities across Texas to facilitate back-to-school readiness and facilitate health education during National Immunization Awareness month.
The Caring Foundation will deploy its Care Van ® Program to Dallas and Houston area schools and community centers to provide the vaccinations. The Care Van is the Caring Foundation's signature program providing access to immunizations, oral care, and health education for uninsured and medically underserved children at no cost to their families.
"We're excited to expand with even more public immunization events for children as we continue to emphasize the importance of catching up on vital childhood vaccines delayed by the COVID-19 pandemic and hardships," said Sheena Payne, executive director of the Caring Foundation. "This year the Care Van program has additional locations and times throughout the DFW and Houston metroplexes with the goal being to eliminate access issues as well as the financial burden of families getting their children immunized. Doing this not only improves the health of families, but also the community."
The following Care Van events have been scheduled in Dallas and Houston, but check the Caring Foundation's calendar for updates as dates and times can change.
Dallas-Ft. Worth area Care Van events:
- Aug. 3: Allen — 5-7 p.m., Boyd Elementary, 800 S. Jupiter Rd. Allen, TX 75002
- Aug. 5: Dallas Mayor's Back to School Fair — 8 a.m.-noon, Fair Park, 3809 Grand Ave. Dallas, TX 75210
- Aug. 6: Grand Prairie — 10 a.m.-1 p.m., Abundant Life Assembly of God, 3829 S. Carrier Pkwy. Grand Prairie, TX 75054
- Aug. 9: North Dallas — 5-7 p.m., Skyview Elementary, 9229 Meadowknoll Dallas, TX 75243
- Aug. 10: Plano — 5-8 p.m., Plano ISD Welcome & Enrollment Center, 1300 19th St. Plano, TX 75054
- Aug. 11: Cedar Hill — 5-7 p.m., Cedar Hill ISD, 504 E. Beltline Rd. Cedar Hill, TX 75104
- Aug. 13: Uptown — 1-3 p.m., Church of the Incarnation, 3966 McKinney Ave. Dallas, TX 75204
- Aug. 15: Lewisville — 5-7 p.m., Westside Baptist, 900 Bellaire Blvd. Lewisville, TX 75067
- Aug. 16: Grand Prairie — 4:30-6:30 p.m., Grand Prairie ISD Family Service Center, 2341 Beltline Rd. Grand Prairie, TX 75052
- Aug. 17: Red Oak — 5-7 p.m., J.N. Ervin Elementary, 3722 Black Oak Dr. Red Oak, TX 75241
- Aug. 18: McKinney — 5-7 p.m., Lawson Early Childhood Center, 500 Dowell McKinney, TX 75071
- Aug. 23: Mesquite — 5-7 p.m., Mesquite ISD, 3819 Towne Crossing Blvd. Mesquite, TX 75150
- Aug. 25: Duncanville — 5-7 p.m., Duncanville High School, 900 W. Camp Wisdom Rd. Duncanville, TX 75116
- Aug. 27: East Dallas — 9-11 a.m., Ovenwood Farm & Neighborhood Space, 1451 John West Rd. Dallas, TX 75228
- Aug. 30: South Dallas — 5-7 p.m., Fredrick Douglas Stern Academy, 226 N. Jim Miller Rd. Dallas, TX 75217
Houston area Care Van events:
- Aug. 6: Southwest Houston — 10 a.m.-2 p.m., PlazAmericas, 7500 Bellaire Blvd. Houston, TX 77036
- Aug. 7: Southeast Houston — 1-3 p.m., Bethel Institutional Baptist Church, 5530 Selinsky Rd. Houston, TX 77048
- Aug. 12: Greater East End — 9:30 a.m.-noon, Community Family Centers, 7524 Ave. E Houston, TX 77012
- Aug. 13: Houston Mayor's Back 2 School Fest — 8 a.m.-2 p.m., George R Brown Convention Center, 1001 Avenida De Las Americas Houston, TX 77010
- Aug. 20: Langwood — 9 a.m.-noon, Spring Branch Family Center, 8575 Pitner Rd. Houston, TX 77080
Events on the Caring Foundation calendar not marked private are open to the public, no appointment needed. Services are free for eligible children, ages 2 through 18, who meet at least one of the following criteria:
- No health insurance
- Health insurance that does not fully cover vaccines (under-insured)
- Enrolled in Medicaid
- American Indian or Alaskan Native
Beyond routine childhood immunizations, older children from ages 11 to 18 also need to stay up-to-date with meningitis and HPV vaccines as well as a tetanus booster, which are included in Care Van services.
Bring a copy the child's immunization record to the event, and all children under 18 must be accompanied by a parent or legal guardian.
Blue Cross and Blue Shield of Texas is the lead sponsor of the Care Van program. Since 1997, the Care Vans have provided more than 1.4 million vaccinations to children across Texas.
For general questions, please email us at info@carevan.org. To learn more about the program or about other locations, go to carevan.org.
Established in 1991, The Caring Foundation of Texas is a 501(c)3 organization, funded by community contributions, corporate sponsorships, grants and in-kind donations. The foundation's signature program is the Care Van® Program which provides access to immunizations, oral care and health education for uninsured and medically underserved children at no cost to their families. Care Vans are uniquely designed to eliminate barriers that commonly prevent children from receiving on-time, age-appropriate immunizations and dental care in traditional health care settings. Care Vans travel to schools, houses of worship, and community events to conduct health outreach services. Additionally, through extended health education collaborations, the Care Van Program helps provide health, hygiene and wellness education for children and adolescents. The program focuses on preventative health initiatives to foster healthier lifestyles for Texans.
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SOURCE Blue Cross and Blue Shield of Texas | https://www.mysuncoast.com/prnewswire/2022/08/01/caring-foundation-texas-offer-free-vaccinations-students-dfw-houston-regions/ | 2022-08-01T21:36:02Z |
Acquisition improves Lear's manufacturing processes for surface material seating applications with scalable Industry 4.0 software and hardware
SOUTHFIELD, Mich., May 19, 2022 /PRNewswire/ -- Lear Corporation (NYSE: LEA), a global automotive technology leader in Seating and E-Systems, today announced it has acquired Thagora Technology SRL, a privately held company specializing in material utilization hardware and software technologies based in Iasi, Romania.
Thagora's proprietary solutions will complement Lear's sustainable manufacturing processes by reducing scrap and lowering energy usage during production. In addition, Thagora's Industry 4.0 technology brings significant advances to manufacturing operations through engineering and logistics, including improved material traceability, and facility footprint utilization.
"Thagora offers Lear access to scalable, smart-manufacturing tools that will be a valuable addition to our business," said Frank Orsini, Lear Executive Vice President and President, Seating. "We welcome Thagora's talented employees to the Lear family. Together, we share the same professional commitment to safety, quality, innovation and support for the communities where we live and work."
"This transaction provides Thagora with a unique opportunity to maintain the strong relationships we have built with our current automotive and non-automotive customers while improving our geographic reach through Lear's global footprint to win new business from OEMs around the world," said Mihai Mitrica, Thagora's owner. "We are excited to join the Lear family and looking forward to continuing to deliver new product innovations that leverage our consumer-centric mindset."
Lear, a global automotive technology leader in Seating and E-Systems, enables superior in-vehicle experiences for consumers around the world. Lear's diverse team of talented employees in 38 countries is driven by a commitment to innovation, operational excellence, and sustainability. Lear is Making every drive better™ by providing the technology for safer, smarter, and more comfortable journeys. Lear, headquartered in Southfield, Michigan, serves every major automaker in the world and ranks 179 on the Fortune 500. Further information about Lear is available at lear.com or on Twitter @LearCorporation.
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SOURCE Lear Corporation | https://www.kxii.com/prnewswire/2022/05/19/lear-acquires-leading-seating-materials-specialist-thagora/ | 2022-05-19T18:44:01Z |
- In-house facility to produce NAV Technology-based AAV gene therapies at 2,000 liters scale
- $65 million invested in new facility, enabling end-to-end control of gene therapy manufacturing in Montgomery County, Maryland
ROCKVILLE, Md., June 9, 2022 /PRNewswire/ -- REGENXBIO Inc. (Nasdaq: RGNX) today is celebrating the opening of its new Manufacturing Innovation Center gene therapy manufacturing facility.
"Launching operations at our Manufacturing Innovation Center is an important milestone in the evolution of REGENXBIO," said Kenneth T. Mills, President and Chief Executive Officer of REGENXBIO. "We believe our in-house manufacturing capabilities will enable us to rapidly transition production processes across the product lifecycle, and efficiently advance new AAV Therapeutics from research and early development to clinical programs to commercial readiness, and into the hands of patients who may benefit from these potential one-time administration therapies."
Located in REGENXBIO's 132,000 square foot headquarters in Rockville, Maryland, the state-of-the-art good manufacturing practice (GMP) facility will enable the company to boost manufacturing of NAV Technology-based adeno-associated virus (AAV) vectors at scales up to 2,000 liters. The facility will implement REGENXBIO's NAVXpress™ platform suspension cell culture process, which has demonstrated the ability to increase product purity and yield.
The GMP facility is designed to meet global clinical and commercial regulatory standards, and includes two independent bulk drug substance production suites, a final drug product suite and integrated quality control labs. REGENXBIO is one of only a few gene therapy companies worldwide with a GMP facility capable of production at scales up to 2,000 liters.
"In-house manufacturing is a key differentiator for REGENXBIO as a leader in gene therapy," said Curran Simpson, Chief Operations and Technology Officer at REGENXBIO. "Quality manufacturing is crucial to all stages of AAV gene therapy development, and we're extremely proud of this cutting-edge facility and the experienced team we have to lead these efforts. Bringing our manufacturing in-house allows us to control the process from beginning to end and provides flexibility to support a wide range of clinical and commercial needs."
Through December 31, 2021, REGENXBIO had invested more than $100 million into the buildout of its Rockville headquarters, including more than $65 million dedicated to the Manufacturing Innovation Center. In preparation to establish end-to-end capabilities in gene therapy from research and early development to commercial ready manufacturing, the company has hired 200 people over the past two years.
REGENXBIO is a leading clinical-stage biotechnology company seeking to improve lives through the curative potential of gene therapy. REGENXBIO's NAV Technology Platform, a proprietary adeno-associated virus (AAV) gene delivery platform, consists of exclusive rights to more than 100 novel AAV vectors, including AAV7, AAV8, AAV9 and AAVrh10. REGENXBIO and its third-party NAV Technology Platform Licensees are applying the NAV Technology Platform in the development of a broad pipeline of candidates in multiple therapeutic areas. REGENXBIO is committed to a "5x'25" strategy to progress five AAV Therapeutics from our internal pipeline and licensed programs into pivotal-stage trials or commercial products by 2025.
This press release includes "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements express a belief, expectation or intention and are generally accompanied by words that convey projected future events or outcomes such as "believe," "may," "will," "estimate," "continue," "anticipate," "assume," "design," "intend," "expect," "could," "plan," "potential," "predict," "seek," "should," "would" or by variations of such words or by similar expressions. The forward-looking statements include statements relating to, among other things, REGENXBIO's manufacturing capabilities. REGENXBIO has based these forward-looking statements on its current expectations and assumptions and analyses made by REGENXBIO in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors REGENXBIO believes are appropriate under the circumstances. However, whether actual results and developments will conform with REGENXBIO's expectations and predictions is subject to a number of risks and uncertainties, including the timing of enrollment, commencement and completion and the success of clinical trials conducted by REGENXBIO, its licensees and its partners, the timing of commencement and completion and the success of preclinical studies conducted by REGENXBIO and its development partners, the timely development and launch of new products, the ability to obtain and maintain regulatory approval of product candidates, the ability to obtain and maintain intellectual property protection for product candidates and technology, trends and challenges in the business and markets in which REGENXBIO operates, the size and growth of potential markets for product candidates and the ability to serve those markets, the rate and degree of acceptance of product candidates, the impact of the COVID-19 pandemic or similar public health crises on REGENXBIO's business, and other factors, many of which are beyond the control of REGENXBIO. Refer to the "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" sections of REGENXBIO's Annual Report on Form 10-K for the year ended December 31, 2021, and comparable "risk factors" sections of REGENXBIO's Quarterly Reports on Form 10-Q and other filings, which have been filed with the U.S. Securities and Exchange Commission (SEC) and are available on the SEC's website at www.sec.gov. All of the forward-looking statements made in this press release are expressly qualified by the cautionary statements contained or referred to herein. The actual results or developments anticipated may not be realized or, even if substantially realized, they may not have the expected consequences to or effects on REGENXBIO or its businesses or operations. Such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to rely too heavily on the forward-looking statements contained in this press release. These forward-looking statements speak only as of the date of this press release. Except as required by law, REGENXBIO does not undertake any obligation, and specifically declines any obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise., Inc. All other trademarks referenced herein are registered trademarks of REGENXBIO.
Contacts:
Dana Cormack
Corporate Communications
dcormack@regenxbio.com
Investors:
Chris Brinzey
ICR Westwicke
339-970-2843
chris.brinzey@westwicke.com
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SOURCE REGENXBIO Inc. | https://www.kxii.com/prnewswire/2022/06/09/regenxbio-opens-state-of-the-art-gene-therapy-manufacturing-facility/ | 2022-06-09T20:04:22Z |
Leading Cyber C-UAS provider and its Counter-Drone solution, EnforceAir recognized as having "created a technology protecting scenarios from modern drone safety threats"
RA'ANANA, Israel and MCLEAN, Va. , June 7, 2022 /PRNewswire/ -- D-Fend Solutions, the leader in counter-drone, radio frequency cyber-based takeover technology, today announced that The Globee® Awards, the organizers of the world's premier business awards programs and business ranking lists, has named D-Fend Solutions as a recipient of the 2022 Disruptor Company and Disruptor Product awards within the Aerospace & Defense category. The company was also awarded The Grand Trophy Globee® Award, which is specially awarded by The Globee's Editors. These prestigious global awards recognize disruptive technologies and innovative solutions that are transforming experiences everywhere.
"We are gratified by the validation and recognition from winning this year's Globee® Disruptor Awards," said Jeffrey Starr, D-Fend Solutions' Chief Marketing Officer. "The Globee criteria of transformation, persistence and moving beyond legacy systems, traditional constraints, and existing ways, all while taking on huge challenges to solve big pains, specifically in the defense and public safety arena, is in perfect alignment with our vision, mission, and operational solution set."
About the Globee Disruptor Company and Disruptor Product Awards
Disruptors are companies that have the potential and competence to displace existing solutions, companies, and even entire industries. Disruptive products, services, technologies, and solutions are transforming experiences everywhere while end-user needs are continuously evolving. Legacy systems are not always fast enough to accept and respond to such needs.
Disruptors are highly persistent, acting without the constraints of traditionally accepted processes or business models. They use technology and modern tools to achieve end results and are not hindered by existing ways of industry stalwarts. They are ready to take on an enormous challenge and find solutions for the biggest pain points.
About D-Fend Solutions
D-Fend Solutions is the leading counter-drone, cyber-takeover technology provider, enabling full control, safety and continuity during rogue drone incidents across complex and sensitive environments, to overcome both current and emerging drone threats. With hundreds of deployments worldwide, EnforceAir, the company's flagship offering, focuses on the most dangerous drone threats in military, public safety, airport, prison, major event and critical infrastructure environments. D-Fend Solutions' technology has been chosen as best-in-class and is in deployment at top-tier U.S. government agencies – including with U.S. military, federal law enforcement and homeland security – as well as major international airports globally. EnforceAir autonomously executes RF, cyber-takeovers of rogue drones for a safe landing and outcome, ensuring the smooth flow of communications, commerce, transportation and everyday life.
Media Inquiries
Paul Bilardo - PR@D-FendSolutions.com
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SOURCE D-Fend Solutions | https://www.wibw.com/prnewswire/2022/06/07/d-fend-solutions-wins-2022-gold-globee-disruptor-company-disruptor-product-grand-trophy-awards-aerospace-amp-defense/ | 2022-06-07T11:03:56Z |
VANCOUVER, BC, April 20, 2022 /PRNewswire/ - West Fraser Timber Co. Ltd. ("West Fraser" or the "Company") (TSX and NYSE: WFG) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General and Special Meeting held on Wednesday, April 20, 2022 in Quesnel, BC.
A total of 84,179,585 Common shares and Class B Common shares were voted at the meeting, representing 79.68% of the votes attached to all outstanding shares. Shareholders voted in favour of all items of business before the meeting, including the election of all director nominees as follows:
Shareholders approved the fixing the number of directors at eleven (11).
Shareholders approved the appointment of PricewaterhouseCoopers LLP as auditor of the Company.
The resolution on the amendment of corporate Articles as disclosed in the Company's management information circular dated March 8, 2022 was also approved, with 99.37% of votes cast in favour.
The resolution on approval of the U.S. Employee Stock Purchase Plan as disclosed in the Company's management information circular dated March 8, 2022 was also approved, with 99.79% of votes cast in favour.
The resolution on the Company's approach to executive compensation (Say-on-Pay) as disclosed in the Company's management information circular dated March 8, 2022 was also approved, with 94.62% of votes cast in favour.
Detailed voting results for the meeting are available on SEDAR at www.sedar.com and EDGAR at www.sec.gov/edgar.shtml.
About West Fraser
West Fraser is a diversified wood products company with more than 60 facilities in Canada, the United States, the United Kingdom, and Europe. From responsibly sourced and sustainably managed forest resources, the Company produces lumber, engineered wood products (OSB, LVL, MDF, plywood, and particleboard), pulp, newsprint, wood chips, other residuals, and renewable energy. West Fraser's products are used in home construction, repair and remodelling, industrial applications, papers, tissue, and box materials. For more information about West Fraser, visit www.westfraser.com.
For More Information
Media Contact
Joyce Wagenaar
Director, Communications
Tel. (604) 817-5539
media@westfraser.com
Investor Contact
Robert B. Winslow, CFA
Director, Investor Relations & Corporate Development
Tel. (416) 777-4426
shareholder@westfraser.com
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SOURCE West Fraser Timber Co. Ltd. | https://www.mysuncoast.com/prnewswire/2022/04/20/west-fraser-announces-voting-results-annual-shareholders-meeting/ | 2022-04-21T08:32:31Z |
Districts across the state can now use data from the i-Ready Assessment for Mathematics and Reading to help identify students eligible for gifted education programs
NORTH BILLERICA, Mass., Aug. 18, 2022 /PRNewswire/ -- The Georgia Department of Education (GaDOE) has added Curriculum Associates' i-Ready Assessment for Grades K–12 to its approved list of Gifted Education Assessment Measures to identify students' eligibility for gifted education programs in the achievement domain. With this approval, districts throughout the state can now use their existing reading and mathematics data from the i-Ready Assessment as a source of evidence to support a referral for gifted education programs. The i-Ready normative scores can be used to determine if students meet the criteria in the achievement category of the evaluation and eligibility process, eliminating the need for a separate achievement assessment.
"The i-Ready Assessment data is powerful in helping teachers identify students' strengths and needs so they can provide more personalized instruction," said Rob Waldron, CEO of Curriculum Associates. "The Georgia Department of Education's approval of i-Ready to support gifted identification will help districts throughout the state save valuable time and resources by eliminating the need for another achievement assessment. A more efficient screening process will also help schools connect students more quickly with services that help them reach their full potential."
The GaDOE gifted education screening process requires information be gathered about a student in four categories: mental ability, achievement, creativity, and motivation. In order to be eligible to receive gifted programming, students must qualify in three of the four categories, or they must have a qualifying score in both the mental ability and achievement categories. i-Ready data is used in the achievement category.
Today, the award-winning i-Ready program serves more than 40 percent (i.e., 485,000) of students in Grades K–8 across almost 100 districts in Georgia.
i-Ready makes the promise of differentiated instruction a practical reality for Grades K–12 teachers and students. It combines powerful assessments and rich insights with effective and engaging instruction in reading and mathematics to address students' individual needs.
The program's assessment provides educators with actionable criterion-referenced and normative data to deliver impactful, equitable learning experiences. Teachers administer the assessment at the beginning of the school year to chart a course for their instruction and to personalize i-Ready instructional paths. Midyear and end-of-year assessments help students and teachers measure growth and engage together in data chats. Teacher-led and personalized instruction continues throughout the year to help students address unfinished learning and access grade-level content.
All i-Ready district partners have ongoing access to Curriculum Associates' award-winning customer service. This includes dedicated support via the company's Customer Service team, professional development experts, account managers, sales representatives, and Technical Support team, as well as access to the free customer service portal.
To learn more about i-Ready, visit CurriculumAssociates.com/i-Ready.
Founded in 1969, Curriculum Associates, LLC designs research-based print and online instructional materials, screens and assessments, and data management tools. The company's products and outstanding customer service provide teachers and administrators with the resources necessary for teaching diverse student populations and fostering learning for all students.
Contact: Kati Elliott Charlotte Fixler
KEH Communications Curriculum Associates
(410) 975-9638 (978) 901-6066
Kati@kehcomm.com CFixler@cainc.com
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SOURCE Curriculum Associates, LLC | https://www.kxii.com/prnewswire/2022/08/18/curriculum-associates-i-ready-assessment-named-georgia-department-education-approved-list-gifted-identification-screeners/ | 2022-08-18T13:21:46Z |
- DayDayCook and Brinc join forces to invest US$10 million over the next three years through the Good Food Accelerator Program. Applications for the next cohort open on July 21, 2022.
- DayDayCook and Brinc share a dedicated mission to tackle global food sustainability goals by developing sustainable food systems and addressing food security issues in China and Asia.
- Prominent advisors and professional mentors from the food technology industry joining this program include: Patrick Kwok (Nishimoto Wismettac Group), Alex Pestalozzi (Mueller Asia), Sonalie Figueiras (Green Queen), Chris Pipe (Nestle China), Christina Gaw (Gaw Capital) and Liu Xing (Sequoia Capital).
- DayDayCook, founded by banker-turned-entrepreneur Norma Chu, is a burgeoning, content-to-commerce innovative food brand, with 80 million active users and more than 18 million paid customers globally.
- Brinc, the global venture accelerator founded by Manav Gupta, has also invested US$500,000 in DayDayCook's pre-IPO funding round to bolster its long-term commitment to their new partnership.
HONG KONG, July 21, 2022 /PRNewswire/ -- Brinc, a leading venture accelerator with a global sustainability mandate, and DayDayCook, a leading content-to-commerce Asian culinary platform, announce a commitment of US$10 million to invest in food technology companies that are developing the sustainable, animal-free, global food ecosystem and scaling commercialization in Greater China and Asia. DayDayCook and Brinc will invest in and support 45 companies over the next three years through the Good Food Accelerator Program, operated by Brinc. This alliance is further bolstered by Brinc's US$500,000 investment in DayDayCook, solidifying a long-term collaborative effort to support game-changing startups.
Applications for the Good Food Accelerator Program open on July 21, 2022. Startups accepted into the program will receive an initial investment of a minimum of US$200,000 and will have access to Brinc and DayDayCook's network of later-stage investors during and post-program for potential follow-on funding.
The key investment themes of the program include Alternative Protein, Functional and Novel Ingredients, Sustainable Packaging, Food Supply Chain Innovation, and consumer Agritech solutions. Companies with commercial-ready products and services that are actively contributing toward global food sustainability goals will be prioritised.
The program will be delivered completely virtually and will accept applications from commercially-ready startups located in or looking to enter the Greater China or Asian market. Interested startups can apply online here: http://www.brinc.io/good-food-accelerator/.
The core directive of the Good Food Accelerator Program is to help food tech companies meaningfully commercialise in Greater China and Asia, leveraging the online and offline distribution channels of DayDayCook's core business as well as Brinc and DayDayCook's combined network of food corporations, hospitality groups and investors in the region. With Brinc bringing eight years of accelerator program design and operational experience to strengthen the Good Food Accelerator, selected startups will also have access to DayDayCook's commercial team during the program to explore opportunities for business collaboration.
According to GFI APAC, Asia's leading alternative-protein think tank, strong year-on-year investor growth for the APAC alt-protein market is marked by a 92% surge: from US$162 million in 2020 to US$312 million in 2021. This has concurrently paved the way for the region's startups to grow in global prominence — making them a strong force alongside North America's alt-protein companies, which have fully dominated the market this past decade. In particular, the adoption of alternative proteins will be crucial for China, where, due to the rapid increase in demand for meat, the country is expected to experience a meat deficit of more than 53 million tonnes between 2021 and 2030.
Manav Gupta, founder and CEO of Brinc, said: "China's five-year agricultural development plan sets out an agenda to establish a sustainable food supply system nationwide. Brinc's Food Tech accelerator expertise, investor and mentor network along with DayDayCook's wide reach, commercial network and distribution reach in Mainland China will take us a bold step closer towards attaining this goal. We are excited to support more founders who are looking to scale alternate protein products and deep technologies from around the globe to the world's most populous market while further developing a growing food tech ecosystem across Mainland China and the Greater Bay Area. Addressing deep-rooted inefficiencies in our regional and global food systems, creating a sustainable food supply chain, plus tackling food security issues all in all help mitigate against the growing effects of climate change — which is the need of the hour and our lifetimes."
Norma Chu, founder and CEO of DayDayCook, said: "The Good Food Accelerator Program's mission is to build a leading food tech ecosystem in Hong Kong. We are thrilled to partner with Brinc to welcome our second cohort of startups, to accelerate their growth, and to kickstart a stream of commercially-viable products and innovative solutions. By sourcing innovative startups from the Greater Bay Area, Southeast Asia and areas beyond, the program will make a global splash as it carries out Hong Kong's ambition of transforming into a key innovation hub for food tech talents worldwide."
DayDayCook launched the Good Food Accelerator Program in partnership with the incubation division of Hong Kong Cyberport in December 2021. The seven startups selected in the launch cohort included five Hong Kong companies — AllKlear Health, Breer, Farmacy, Geb Import Technology, Good Food Tech — plus 70/30 Food Science & Tech (Shanghai) and Alchemy (Singapore).
Brinc has been a key global food innovation player since launching its first food technology program in 2018 — Asia's first at the time. Today, having launched AgriFood, AgriTech and Food Tech Programs in Brazil, Hong Kong and Mainland China, Brinc has more than 50 AgriFood Tech portfolio companies all building a more sustainable food future. Highly notable examples of Brinc-accelerated startups that have impacted the global stage include Avant Meats (Hong Kong), CellX (Mainland China), Exponential Foods (Mexico), Galy (USA), Haofood (Mainland China), Orbillion Bio (USA) and Phuture Foods (Singapore).
About DayDayCook
Founded in 2012, DayDayCook is a direct-to-consumer company that focuses on innovative and healthy meal solutions with a fast-growing retail footprint in China and a strong online presence globally.
DDC has launched ready-to-heat (RTH), ready-to-cook (RTC) and plant-based food products, which bring convenience and quality food products to young food lovers. The group builds brand recognition through culinary and lifestyle content across major social media and e-commerce platforms, resulting in an aggregate of over 3 billion video views and over 10 million orders worldwide. www.daydaycook.com
About Brinc
Headquartered in Hong Kong, Brinc is a leader in global venture acceleration, operating 18 multidisciplinary accelerator programs in seven countries. Brinc accelerates startups focused on Internet of Things (IoT), blockchain technology, artificial intelligence, connected hardware, drones, robotics, clean energy and food technology, all within a sustainability mandate. Brinc's goal is to empower founders to accelerate humanity's transition to a more sustainable, inclusive and equitable future.
Brinc has a portfolio of 200+ companies with founders from more than 38 countries. Brinc also supports corporations with investment services, distributed innovation strategies, sourcing of new startups and technologies, as well as venture-building Web 3.0-enabled businesses. Global corporations (Manulife, Huawei, Schneider Electric, Puma, Batelco, Merck, Omantel, Linrun Group, Zhihui Park), government organisations (Hong Kong Science Park, MBRIF, Guangdong Soft-tech Park), tertiary institutions (HK City University, National University of Singapore) and leading venture funds (Artesian, LeverVC, Tamkeen, EDB) have all run programs with Brinc. In 2021, Brinc announced a series of venture funds to invest in high-potential early-stage companies through accelerators and provide LPs with a dedicated innovation platform and access to Series A+ co-investment opportunities.
Learn more about Brinc: www.brinc.io and Brinc's commitment to developing sustainable systems.
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SOURCE Brinc | https://www.kxii.com/prnewswire/2022/07/21/daydaycook-brinc-commit-investing-45-food-tech-companies-that-impact-global-food-sustainability-goals-through-good-food-accelerator-program/ | 2022-07-21T06:44:18Z |
THIEF RIVER FALLS, Minn., June 21, 2022 /PRNewswire/ -- Digi-Key Electronics, which offers the world's largest selection of electronic components and automation products in stock for immediate shipment, announced that it will attend and sponsor Sensors Converge, June 27-29, in San Jose, CA.
Show attendees should plan to visit Digi-Key's booth #812 to talk with their sensor and electronics experts and see featured demos from leading suppliers including Sensirion, Microchip Technology, u-blox and Molex. Digi-Key will be giving away wireless chargers and water bottles to attendees who stop by the booth.
"As a silver level partner, we're pleased to support the Sensors Converge event and spotlight the latest sensor technologies, applications and innovations in our booth," said David Stein, vice president of global supplier management at Digi-Key. "Digi-Key's substantial product inventory provides the sensor and electronics communities with the necessary parts and tools to keep their engineering designs moving forward."
Sensors Converge will feature more than 200 exhibitors and highlight the latest sensing technologies and design innovations. A special Zones and Theaters area will focus on IoT & Wireless, 5G, Power, MEMS & Emerging Tech, Autonomous, MedTech and Startups.
Attendees can visit Digi-Key at booth #812 and check out their exhibitor profile here. For more information about Digi-Key and to order from their product portfolio, please visit the Digi-Key website.
Digi-Key Electronics, headquartered in Thief River Falls, Minn., USA, is recognized as both the leader and continuous innovator in the high service distribution of electronic components and automation products worldwide. As the original pioneer in this space, Digi-Key provides more than 13.4 million components from over 2,300 quality name-brand manufacturers with an industry-leading breadth and depth of product in stock and available for immediate shipment. Beyond the products that drive technology innovation, Digi-Key also supports design engineers and procurement professionals with a wealth of digital solutions and tools to make their jobs more efficient. Additional information can be found at digikey.com and on Facebook, Twitter, YouTube, Instagram and LinkedIn.
Megan Derkey
Bellmont Partners
+1 612-255-1115
digikey@bellmontpartners.com
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SOURCE Digi-Key Electronics | https://www.kxii.com/prnewswire/2022/06/21/digi-key-electronics-feature-latest-sensing-technologies-sensors-converge-2022/ | 2022-06-21T16:56:18Z |
Northwestern Medicine hospitals are among "America's Best Hospitals" in annual rankings
CHICAGO, July 26, 2022 /PRNewswire/ -- Northwestern Memorial Hospital retained its position as the No. 1 hospital in Illinois and Chicago and is again recognized among the top hospitals in the country ranking No. 9 on the prestigious "America's Best Hospitals" Honor Roll by U.S. News & World Report in its 2022-2023 "America's Best Hospitals" rankings.
In addition to Northwestern Memorial's No. 1 ranking, several Northwestern Medicine hospitals were recognized as Best Hospitals in Chicago Metro and Illinois, including:
- Northwestern Medicine McHenry, Huntley, Woodstock Hospitals ranked No. 9 in Chicago Metro and No. 9 in Illinois.
- Northwestern Medicine Central DuPage Hospital and Northwestern Medicine Lake Forest Hospital tied with both ranked as No. 12 in Chicago Metro and No. 12 in Illinois
- Northwestern Medicine Palos Hospital ranked No. 14 in Chicago and No. 14 in Illinois
- Northwestern Medicine Delnor Hospital is ranked No. 18 in Chicago Metro and No. 20 in Illinois
"This recognition is a direct reflection of our Patients First mission and our relentless quest to improve, innovate and deliver world class outcomes to the patients we are privileged to serve," said Dean M. Harrison, chief executive officer, Northwestern Memorial HealthCare. "These rankings amplify the expertise, dedication and compassion of more than 33,000 physicians, nurses and staff who come together to provide exceptional care, train future generations of clinicians, advance medicine through cutting edge research all in the pursuit of health for individuals and the communities they call home."
Northwestern Memorial is nationally ranked in 10 out of 15 specialties ranked by U.S. News. Of the 10 nationally ranked specialties, six clinical programs at Northwestern Memorial are ranked among the top 10 in the country:
- Northwestern Memorial is ranked No. 7 in the country for Gastroenterology & GI Surgery. "The recognition of our program as one of the nation's best reflects our commitment to innovation and precision medicine in Gastroenterology," said John E. Pandolfino, MD, chief of the gastroenterology and hepatology at Northwestern Memorial. "Patients with complex diseases trust the expertise of our physicians and team members, and we are proud to provide them life-changing and lifesaving care. We continue to research new ways to provide leading-edge, personalized care for patients in Chicagoland and beyond."
"This is an exceptional honor for our gastrointestinal surgery team, made more meaningful by the close relationships we have with colleagues in other specialties at the Northwestern Medicine Digestive Health Center," said Scott A. Strong, MD, chief of the gastrointestinal surgery at Northwestern Memorial. "Our integrated patient-centered care model combines advanced research and innovation as we strive to improve patient outcomes, develop new devices, and establish leading quality-assurance protocols." - Northwestern Memorial is ranked No. 8 in the country for Cardiology & Heart Surgery. "At Bluhm Cardiovascular Institute, we strive to improve heart care by pioneering advanced treatments, performing groundbreaking clinical research, and incorporating innovative technology and artificial intelligence into clinical practice. We are humbled that the best and the brightest aspire to join our outstanding team," said Patrick M. McCarthy, MD, chief of cardiac surgery at Northwestern Memorial and executive director of Northwestern Medicine Bluhm Cardiovascular Institute. "Since day one, the goal of the Bluhm Cardiovascular Institute has been to bring world-class cardiovascular care to Chicago. We have achieved this and more. We are rapidly growing across northern Illinois as we bring advanced care and this exceptional team close to where our patients live and work. Patients now seek cardiovascular care from across the US, and around the world. The greatest honor is knowing that countless lives have been saved and improved by this relentless pursuit of our Patients First mission."
"We are grateful for nearly a decade of top tier ranking as one of the very best Cardiology and Heart Surgery Programs in the country. This top tier recognition from U.S. News & World Report doesn't happen without exceptional team work, breakthrough research, outstanding patient care and a dedication to training the next generation of extraordinary cardiovascular physicians and care providers" said Clyde W. Yancy, MD, MSc, chief of cardiology at Northwestern Memorial and associate director of the Bluhm Cardiovascular Institute. "Our mission to provide world-class care to all patients remains steadfast and fuels our success. No accomplishment or accolade eclipses the satisfaction of relieving the burden of disease and restoring health in our patients. That is our everyday celebration. I am especially enthused that as we continue our quest for excellence, we do so with an eye on equity and an unyielding commitment to bring excellent and empathetic cardiovascular care to more patients around Chicagoland. We are driven to discover solutions improving heart health in our varied communities, our state, and our nation." - Northwestern Memorial is ranked No. 8 in the country for Geriatrics. "I'm extremely proud of our strong all-female faculty team of geriatricians who deservedly garner national recognition year-over-year for our innovative and robust research program, top notch medical training and outstanding clinical care for senior patients," said Lee A. Lindquist, MD, MPH, MBA, chief of geriatrics at Northwestern Memorial. "To be named a top hospital in the country for geriatrics is a testament to the strong teamwork, expertise, compassion and drive that makes our division unique. Our physicians, nurses, social workers and staff are passionate and dedicated to improving the health and quality of life for our older adults who we are privileged to care for every day."
- Northwestern Memorial is ranked No. 9 in the country for Cancer. "At Lurie Cancer Center, we are driven by our mission to translate scientific discovery into the highest level of care for our patients, while also seeking to innovate and find the treatments of the future through a world-class clinical research program," said Leonidas Platanias, MD, PhD, director of the Robert H. Lurie Comprehensive Cancer Center of Northwestern University at Northwestern Memorial Hospital. "This continued recognition as a top cancer program is a testament to our extraordinary team of physicians, nurses and staff who combine talent and expertise with compassion and dedication to bring the very best in cancer care to Chicago."
- Northwestern Memorial is ranked No. 10 in the country for Diabetes & Endocrinology. "We are honored to be recognized as one of the nation's leading programs for Diabetes and Endocrinology," said Joseph T. Bass, MD, PhD, chief of the endocrinology, metabolism and molecular medicine at Northwestern Memorial. "Our multidisciplinary team keeps patients at the center of our research as we continue to seek innovative ways to support individuals with endocrine diseases and obesity. This recognition is the result of close collaboration between our physicians, certified diabetes educators, nurse practitioners, psychologists and other colleagues."
- Northwestern Memorial is ranked No. 10 in the country for Neurology & Neurosurgery. "We're honored for this recognition as one of the top neurosurgery programs in the country, especially during another year of unprecedented difficulty and uncertainty. Throughout the COVID-19 pandemic, our department continued to provide outstanding clinical care and collaborative research, solving big problems in new ways," said Maciej S. Lesniak, MD, chair of neurological surgery at Northwestern Memorial Hospital. "This ranking reflects the reputation of our physicians and highlights our ability to advance the science and care of neurological patients. We're grateful to our colleagues and patients for their unwavering trust and support."
"We are honored to again rank in the top 10 U.S. programs for neurology. Our skilled clinicians and innovative scientists continue to raise the bar for treating patients with diverse and complex neurological conditions," said Dimitri Krainc, MD, PhD, chair of neurology at Northwestern Memorial Hospital. "As we move into these later stages of the COVID-19 pandemic, our physician-scientists continue to expand the knowledge of its neurological impact and are especially dedicated to understanding and treating long-haul symptoms."
In addition to its top 10 programs, Northwestern Memorial was also nationally ranked in the following specialties: Urology (No. 12); Pulmonology & Lung Surgery (No. 13); Orthopaedics (No. 15); and Obstetrics & Gynecology (No. 18). Northwestern Memorial was also recognized as High Performing in Rheumatology, as well as High Performing in 19 procedures and conditions rated by U.S. News.
Northwestern Medicine hospitals were also recognized for the following:
- Northwestern Medicine Lake Forest Hospital is ranked No. 28 for Pulmonology & Lung Surgery and No. 49 for Neurology & Neurosurgery; the hospital is also recognized as High Performing in Cancer, Gastroenterology & GI Surgery, Geriatrics, Orthopaedics, and Urology as well as High Performing in five Procedures and Conditions.
- Northwestern Medicine McHenry, Huntley, Woodstock Hospitals are recognized as High Performing in Cardiology & Cardiac Surgery, Gastroenterology & GI Surgery, Geriatrics, Neurology & Neurosurgery, Orthopaedics, Pulmonology & Lung Surgery and Urology, as well as High Performing in 10 Procedures and Conditions.
- Northwestern Medicine Delnor Hospital is recognized as High Performing in Orthopaedics and High Performing in seven Procedures and Conditions.
- Northwestern Medicine Central DuPage Hospital is recognized as High Performing in 15 Procedures and Conditions.
- Northwestern Medicine Palos Hospital is recognized as High Performing in 11 Procedures and Conditions.
- Northwestern Medicine Kishwaukee Hospital is recognized as High Performing in five Procedures and Conditions.
To learn more about Northwestern Medicine, visit www.nm.org/about-us.
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SOURCE Northwestern Medicine | https://www.mysuncoast.com/prnewswire/2022/07/26/northwestern-memorial-hospital-again-named-top-hospital-illinois-top-10-country-by-us-news-amp-world-report/ | 2022-07-26T05:30:27Z |
Kicks off Worldwide Express 250 for Carrier Appreciation Race Day with Announcement
DAYTONA BEACH, Fla., Aug. 13, 2022 /PRNewswire/ -- NASCAR announced today a new multi-year partnership with leading full-service logistics partner Worldwide Express, naming the company the "Official Logistics Partner of NASCAR". The news comes on the morning of Worldwide Express' entitlement race, the Worldwide Express 250 for Carrier Appreciation at Richmond Raceway.
Since becoming a primary team sponsor earlier this year, Worldwide Express has expanded its presence in NASCAR, signing on as the entitlement sponsor for this weekend's NASCAR Camping World Truck Series race, announced earlier this summer. In addition to the NASCAR Official Partnership, Worldwide Express has also been designated the "Official Logistics Partner of Richmond Raceway."
"As a full-service logistics provider, Worldwide Express knows the amount of hard work and dedication our teams, tracks and employees put into each race weekend," said Daryl Wolfe, Executive Vice President and Chief Revenue Officer at NASCAR. "Our sport is always on the go, so we're thrilled to welcome a company like Worldwide Express who knows what it takes to deliver a winning race weekend to our fans."
Worldwide Express and its sister brands, GlobalTranz and Unishippers, began partnerships earlier this year with NASCAR teams Trackhouse Racing and Niece Motorsports, with the company serving as a primary sponsor for both teams.
"We are incredibly excited to build on our successful involvement in NASCAR at the team and race level to now serve as the Official Logistics Partner for NASCAR as well as for Richmond Raceway," said Worldwide Express President Rob Rose. "We are uniquely suited to help manage the logistical complexity that NASCAR and its teams deal with each week to host and compete in world-class races. We look forward to partnering with NASCAR to deliver exhilarating race weekends over the coming years."
Founded in 1992, the Worldwide Express family of brands has become a top-ranked, full-service logistics provider and the second-largest privately held freight brokerage in North America, with customers spanning from SMBs to the Fortune 100. More than 115,000 shippers benefit from enhanced visibility and efficiency for their supply chains thanks to the company's market-leading solutions for parcel, less-than-truckload (LTL) and truckload shipping and managed transportation services, which are driven by proprietary technology, unique data assets and business intelligence capabilities. To learn more about Worldwide Express, visit wwex.com and for more information on Worldwide Express Racing, visit www.wwexracing.com.
About NASCAR
The National Association for Stock Car Auto Racing, LLC (NASCAR) is the sanctioning body for the No. 1 form of motorsports in the United States and owner of 16 of the nation's major motorsports entertainment facilities. NASCAR consists of three national series (NASCAR Cup Series™, NASCAR Xfinity Series™, and NASCAR Camping World Truck Series™), four regional series (ARCA Menards Series™, ARCA Menards Series East & West and the NASCAR Whelen Modified Tour™), one local grassroots series (NASCAR Advance Auto Parts Weekly Series™) and three international series (NASCAR Pinty's Series™, NASCAR Mexico Series™, NASCAR Whelen Euro Series™). The International Motor Sports Association™ (IMSA®) governs the IMSA WeatherTech SportsCar Championship™, the premier U.S. sports car series. NASCAR also owns Motor Racing Network, Racing Electronics, and ONE DAYTONA. Based in Daytona Beach, Florida, with offices in eight cities across North America, NASCAR sanctions more than 1,200 races in more than 30 U.S. states, Canada, Mexico and Europe. For more information visit www.NASCAR.com and www.IMSA.com, and follow NASCAR on Facebook, Twitter, Instagram, and Snapchat ('NASCAR').
About Worldwide Express
Worldwide Express, LLC is a full-service, non-asset-based logistics provider offering more than 115,000 customers access to industry-leading small package, truckload and less-than-truckload shipping solutions. With an annual systemwide revenue approaching $5 billion through a network of company-owned, franchise and agent locations, Worldwide Express, combined with its sister brands GlobalTranz and Unishippers, is the second-largest privately held freight brokerage in the country. As the largest non-retail UPS® Authorized Reseller in the US, the company is a local partner for the global supply chains for shippers of all sizes, from small- to medium-sized businesses to enterprise organizations. This, coupled with a selective portfolio of more than 65 LTL and tens of thousands of truckload carriers, provides clients with an unmatched range of options and flexibility to meet their shipping needs. To learn more, visit www.wwex.com.
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SOURCE Worldwide Express | https://www.wibw.com/prnewswire/2022/08/13/worldwide-express-expands-nascar-presence-becomes-official-logistics-partner/ | 2022-08-13T17:53:45Z |
VANCOUVER, BC, June 29, 2022 /PRNewswire/ - LQwD Fintech Corp. (TSXV: LQWD) (OTC: LQWDF), the company focused on building infrastructure on the Bitcoin Lightning Network global micropayment system, announced today that it has now launched 17 international routing nodes on Lightning Network, positioning LQwD to secure future routing fees in a rapidly expanding global payments network.
LQwD's international routing nodes now include Japan, England, Canada, US-West, France, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Brazil, Germany, India, Ireland, and Hong Kong. You can follow LQwD's node transaction volume in real-time here.
"Since launching our first Lightning Network node in November 2021, LQwD's nodes have already routed over 72 BTC and over 36,000 transactions, which is extremely encouraging in these early stages," remarked Shone Anstey, LQwD Fintech Corp. CEO. "We are making excellent progress establishing LQwD as a serious network participant, and in coming months, we will launch the LQwD business-to-business platform (now in beta), which also allows retail customers to take advantage of the economics and efficiencies of the network."
According to Bitcoin Visuals, Lightning Network continues to experience upward trends with total network capacity increasing 138% since this time last year. The Company expects this trend to continue, as larger enterprises and exchanges such as Kraken, Robinhood, Twitter, and Block (Cash App) all have integrated Lightning Network capabilities. Some research firms, such as Arcane Research, predict that there could be as many as 700 million Lightning Network users by 2030.
Corporate & Financial
LQwD currently has sufficient working capital to continue to maintain operations for the foreseeable future. As of June 29, 2022, LQwD has working capital of approximately C$1.275 million in cash and cash equivalents with general and administrative expenses, including current development expenses, running approximately C$100,000 per month. LQwD also holds 121 Bitcoin on the balance sheet of which, a portion is used to secure routing nodes and establish node liquidity.
About LQwD Fintech Corp.
LQwD is a Lightning Network Service Provider (LSP) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The Company's mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption, utility and scaling Bitcoin. LQwD also holds Bitcoin that is used as an operating asset establishing nodes and payment channels on the Lightning Network.
Forward-Looking Statements
This news release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's business plans and the outlook of the Company's industry. Although the Company believes, considering the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this press release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws.
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 release.
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SOURCE LQwD FinTech Corp. | https://www.mysuncoast.com/prnewswire/2022/06/29/lqwd-announces-launch-seventeen-international-routing-nodes-lightning-network/ | 2022-06-29T20:16:13Z |
BOSTON, April 21, 2022 /PRNewswire/ -- IDTechEx have recently released "Biosensors for Point-of-Care Diagnostics 2022-2032: Technology, Opportunities, Players and Forecasts", a market research report that evaluates the technologies and trends of point-of-care testing (POCT) devices within the medical diagnostics industry. This report covers the key technologies for point of care testing, including innovations in bioreceptors, transducers, and assay formats. IDTechEx examines how improvements in bioreceptor and transducer components are enabling testing at the point-of-care.
Never before has point-of-care testing been so crucial to healthcare systems. In the last 2 years, COVID-19 has caused the point-of-care biosensors industry to expand by over 200%. This report explains the drivers causing the shift from conventional laboratory-based diagnostics toward point-of-care diagnostics performed directly at hospitals, clinics, offices, and at home. The IDTechEx report also analyzes the profound impact of COVID-19 on the market landscape and discusses how this will shape the future of point-of-care testing.
Bioreceptors and Transducers
Biosensor-based POCT devices are composed of component technologies: bioreceptors which detect the marker of disease, and transducers which convert this event into a readable or measurable signal. "Biosensors for Point-of-Care Diagnostics 2022-2032: Technology, Opportunities, Players and Forecasts" examines biological receptors including enzymes, antibodies/antigens, and nucleic acids, and their applications within point-of-care are discussed. A key development over the past decade, which has been accelerated by the pandemic, is the move of molecular diagnostics to the point of care. In the report, IDTechEx examines the central role of PCR as the gold standard of testing, and how companies are developing technologies to bring PCR and other nucleic acid amplification techniques closer to the point-of-care. The report also assesses the state of CRISPR and aptamer technologies and whether these are suitable technologies for point-of-care biosensing. The report examines point-of-care technologies for the transduction of biological signals and segments transducers by optical (color and fluorescence) and electrochemical (amperometry and conductance) technologies, comparing these different approaches. It discusses the important differentiating theme of bioreceptor labeling. The report assesses the emerging application of graphene and carbon nanotubes for electrochemical transduction and the state of the technology.
POCT Formats
Due to the emergence of the pandemic, there has been rapid growth in the unit sales of lateral flow assays and integrated cartridges in the last two years. The IDTechEx report discusses what these formats are, and how they are suited to test for COVID-19 and other diseases. The report considers the format design of a biosensor to suit the test's overall process chain, and the importance of sample handling within this chain. It covers how different formats resolve the challenges around different process chains using methods such as microfluidics and centrifugation. For each format type, the report includes analysis of the manufacturing process and evaluation of key manufacturing and materials choices.
Market Outlook
The global market for biosensors at point-of-care is forecast to reach $29.5 billion by 2032, with a CAGR of 4.8% since the pre-pandemic market. This will be mostly driven by the diabetes monitoring market. The new IDTechEx report, "Biosensors for Point-of-Care Diagnostics 2022-2032: Technology, Opportunities, Players and Forecasts", includes granular, 10-year (2022 – 2032) forecasts of the sales revenue of segmented markets by applications such as COVID-19, diabetes, infectious diseases, cardiovascular diseases, pregnancy and fertility, fitness, and cancer. The forecasts discuss why diabetes is expected to become the largest application of biosensors in 2032, amongst other key trends. Forecasts are also segmented by formats of lateral flow assays, integrated cartridges, electrochemical test strips, and continuous glucose monitors. IDTechEx also forecasts the market segments by unit volumes. All assumptions and data points are clearly explained in the report and data spreadsheet. Please visit www.IDTechEx.com/Biosensors for more information.
About IDTechEx
IDTechEx guides your strategic business decisions through its Research, Subscription and Consultancy products, helping you profit from emerging technologies. For more information, contact research@IDTechEx.com or visit www.IDTechEx.com.
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SOURCE IDTechEx | https://www.wibw.com/prnewswire/2022/04/21/idtechex-discusses-how-biosensor-market-has-tripled-just-two-years/ | 2022-04-21T17:30:52Z |
NEW ORLEANS, April 8, 2022 /PRNewswire/ -- ClaimsFiler, a FREE shareholder information service, reminds investors that they have until April 25, 2022 to file lead plaintiff applications in a securities class action lawsuit against Gatos Silver, Inc. (NYSE: GATO), if they purchased the Company's securities between October 28, 2020 and January 25, 2022, inclusive (the "Class Period") and/or purchased or otherwise acquired the Company's shares pursuant to the Company's October 2020 initial public offering (the "IPO"). This action is pending in the United States District Court for the District of Colorado.
Get Help
Gatos Silver investors should visit us at https://claimsfiler.com/cases/nyse-gato or call toll-free (844) 367-9658. Lawyers at Kahn Swick & Foti, LLC are available to discuss your legal options.
About the Lawsuit
Gatos Silver and certain of its executives are charged with failing to disclose material information during the Class Period and/or in the Registration Statement and Prospectus issued in conjunction with the initial public offering, violating federal securities laws.
On January 25, 2022, post-market, the Company revealed "errors in the technical report entitled 'Los Gatos Project, Chihuahua, Mexico' with an effective date of July 1, 2020 . . . , as well as indications that there is an overestimation in the existing resource model" and that on a preliminary basis, the Company estimated a potential reduction of the metal content of its CLG's mineral reserve ranging from 30% to 50% of the metal content remaining after depletion.
On this news, shares of Gatos Silver fell $7.02 per share, or approximately 68.9%, to close at $3.17 per share on January 26, 2022.
The case is Bilinsky v. Gatos Silver, Inc., et al., No. 22-cv-453.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information source to help retail investors recover their share of billions of dollars from securities class action settlements. At ClaimsFiler.com, investors can: (1) register for free to gain access to information and settlement websites for various securities class action cases so they can timely submit their own claims; (2) upload their portfolio transactional data to be notified about relevant securities cases in which they may have a financial interest; and (3) submit inquiries to the Kahn Swick & Foti, LLC law firm for free case evaluations.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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SOURCE ClaimsFiler | https://www.wibw.com/prnewswire/2022/04/09/gatos-silver-shareholder-alert-claimsfiler-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-gatos-silver-inc-gato/ | 2022-04-09T06:33:10Z |
CLEVELAND, Aug. 18, 2022 /PRNewswire/ -- KeyCorp (NYSE: KEY) today announced plans to host conference calls to review quarterly financial results on the following dates:
- Fourth quarter 2022 – Thursday, January 19th at 10:00am ET
- First quarter 2023 – Thursday, April 20th at 10:00am ET
- Second quarter 2023 – Thursday, July 20th at 10:00am ET
- Third quarter 2023 – Thursday, October 19th at 10:00am ET
The financial results are scheduled to be released before the market opens on the dates noted above, and the live audio webcast of the conference call and presentation materials will be available at www.key.com/ir. Dial-in information will be provided at a later date. If you are unable to join any of the live conference calls, or wish to hear a re-broadcast, access www.key.com/ir and select Quarterly Earnings Results.
For more information contact:
Investor Relations: Vernon Patterson, 216.689.0520, vernon_patterson@keybank.com
Investor Relations: Melanie Kaiser, 216.689.4545, melanie_s_kaiser@keybank.com
Media: Susan Donlan, 216.471.3133, susan_e_donlan@keybank.com
KeyCorp's roots trace nearly 200 years to Albany, New York. Headquartered in Cleveland, Ohio, Key is one of the nation's largest bank-based financial services companies, with assets of approximately $187.0 billion at June 30, 2022. Key provides deposit, lending, cash management, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of approximately 1,000 branches and approximately 1,300 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name. For more information, visit https://www.key.com. KeyBank is Member FDIC.
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SOURCE KeyCorp | https://www.kxii.com/prnewswire/2022/08/18/keycorp-announces-2023-quarterly-earnings-conference-call-dates/ | 2022-08-18T20:59:12Z |
The five-point V-shaped design riding saddle may bring a healthy and comfortable riding experience to female riders
WILMINGTON, Del., June 28, 2022 /PRNewswire/ -- Recently, the American haute couture professional cycling brand Jelenew launched a new five-point V-shaped design cycling pad, which may bring a healthy and comfortable riding experience to female cyclists. To solve the problem of poor blood flow caused by different thicknesses of various parts of the existing riding cushions on the market, Jelenew adopts a five-point V-shaped distribution design according to the physiological characteristics of female genitalia and the degree of stress on different parts during riding. The design thickens the key force points such as the perineum, pubic bone, ischium, and sacrum as a support layer, which not only helps to empty the seat frame but also keeps the blood flowing, reduces the pressure and discomfort during riding, and reduces the risk of numbness in the hips and legs. In addition, it can provide an excellent cushioning effect, diffuse the pressure distribution, and protect the critical stress areas when women ride, which will bring women a new healthy experience.
The original chamois padding began in 1900 as the manufacturer's solution to genital soft tissue abrasions for male endurance cyclists. The first piece of advice that many new riders receive is to buy a pair of cycling shorts padded with a chamois. This is not a stupid tax provided by experienced riders. The health and comfort of riding are closely related to the development of cycling pads.
The first suede seat was made of suede leather sewn into the crotch bottom of the sheepskin shorts, adding some smoothness and reducing friction in the rider's private parts, but with no cushioning at all. With the progress and development of society, non-suede inner pads with built-in pads were introduced around 1980. Not only does this cycling pad reduce friction, but it also adds cushioning. Almost all women's cycling pants on the market follow this method of developing new cycling equipment based on the male physiological structure.
Matt Powell, a retail sports analyst at NPD Group, once said in an interview with Bloomberg: "In the past, the sports industry was insufficient for women's clothing, and it was only in recent years that brands gradually paid enough attention to women." Cycling brands specially launch cycling clothing designed for women and speak out for women. But in a 2019 study of 178 female cyclists published in the Journal of Sexual Medicine, 58 percent reported experiencing genital numbness at times, and 69 percent had chronic hip and groin pain. Since men and women differ significantly in physiological structure, the lack of subversive innovation will not help women usher in a healthier experience.
Jelenew: Born for Women, Launches Revolutionary Cycling Pad
Jelenew is an American professional cycling brand for women and the world's first haute couture professional cycling brand. Its founding team is made up of a group of people who are passionate about cycling. The members are haute couture designers, senior cycling enthusiasts, digital technology experts, etc. They came together because of their love for cycling and hoped to use Jelenew to give full play to their professional advantages. When they noticed that traditional cycling pads are very unfriendly to women regarding physical health, function, and aesthetics, and there is much room for optimization, they developed a five-point V-shaped riding cushion.
Compared with the traditional cycling pad, Jelenew designed the seat cushion into a five-point V-shaped distribution design according to the physiological characteristics of female genitalia and the force during riding. The critical stress points, such as the upper parts, are thickened to protect the key stress regions when women ride. This new type of riding seat cushion can increase the cushioning effect, diffuse the pressure distribution, effectively reduce the pressure and discomfort during riding, reduce the risk of numbness in the buttocks and legs, and improve blood circulation. It will bring a healthy and comfortable riding experience to female cyclists. In addition, Jelenew will also apply the clothing technology in high fashion to the design of cycling equipment, making them more beautiful while maintaining excellent functionality, and visually bringing a better riding experience.
Haute couture 3D tailoring has the dual characteristics of art and technology. Jelenew took the lead in introducing this technique into the design and development of professional cycling clothing, making the pad fit the shape of trousers and the human body. The problems such as bulging, non-compliance, embarrassing lines, and camel toe of the private parts that are easy to see at the front of the cycling pants perfectly integrate the functionality and fashion aesthetics.
The founder of Jelenew said, "Our brand was founded with a sense of social responsibility. Our products include two categories, competition series, and leisure cycling series. The competition series can meet the needs of professional athletes and senior cycling players for sports performance and leisure. The cycling series provides more convenient, practical, and life-like cycling equipment for most cycling enthusiasts. It can also consider aesthetics, practicability, and life based on ensuring sports function. We hope our products and brands have a positive impact and make more women fall in love with cycling."
About JELENEW
Jelenew is an American avant-garde cycling brand born for women. It creates the first cycling pants truly made for women in the world. It brings the groundbreaking combination of "Haute Couture and Sportswear" and carefully designs each product with "luxury moulage technique" to provide a more refined sports experience and promote a healthy lifestyle for cyclists to enjoy elegant and stylish suburban cycling.
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SOURCE Jelenew | https://www.kxii.com/prnewswire/2022/06/28/jelenew-launch-new-cycling-pad-will-make-more-women-enjoy-cycling/ | 2022-06-29T00:06:45Z |
NEW YORK, May 27, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Stronghold Digital Mining, Inc. (NASDAQ: SDIG).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/stronghold-digital-mining-inc-loss-submission-form/?id=27754&from=4
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Stronghold Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's October 2021 initial public offering.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until June 13, 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, Stronghold Digital Mining, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) contracted suppliers, including MinerVa Semiconductor Corp., were reasonably likely to miss anticipated delivery quantities and deadlines; (2) due to strong demand and pre-sold supply of mining equipment in the industry, Stronghold would experience difficulties obtaining miners outside of confirmed purchase orders; (3) as a result of the foregoing, there was a significant risk that Stronghold could not expand its mining capacity as expected; (4) as a result, Stronghold would likely experience significant losses; and (5) 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.
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/sdig-shareholder-alert-jakubowitz-law-reminds-stronghold-digital-mining-inc-shareholders-lead-plaintiff-deadline-june-13-2022/ | 2022-05-27T10:42:05Z |
FAU Wins Major NSF Center with Columbia University, Rutgers University, University of Central Florida and Lehman College
BOCA RATON, Fla., Aug. 11, 2022 /PRNewswire/ -- Florida Atlantic University's Institute for Sensing and Embedded Network Systems Engineering (I-SENSE) and College of Engineering and Computer Science have landed a major National Science Foundation (NSF) Engineering Research Center (ERC) with Columbia University, Rutgers University, the University of Central Florida, and Lehman College.
The new Engineering Research Center for Smart Streetscapes (CS3) will be supported for five years with $26 million; renewable for an additional five years, for a total of up to $52 million. The ERC program is NSF's flagship engineering program to catalyze convergent research to address large-scale societal challenges. As one of the most competitive research programs in the country, CS3 was selected from among hundreds of candidate centers.
The nation's streetscapes - neighborhood streets, sidewalks and public spaces - define the character of American communities, linking people with social and commercial institutions, and bonding people across demographic identities. Streetscapes are prime sites for deploying engineering research to fortify society. A "smart streetscape" could instantly sense human behavior and guide disabled pedestrians, collect refuse, control pests, amplify emergency services, and protect people against environmental and health threats.
"We are thrilled to receive this ERC award with our partners," said FAU President John Kelly. "CS3 will provide important pathways for universities, government, industry and community stakeholders to collaboratively improve quality of life, enhance social equity, and stimulate economic development through innovative and cutting-edge smart city technologies."
CS3's mission is to advance livable, safe and inclusive communities through new streetscape applications built upon real-time and hyper-local streetscape intelligence. This will require fundamental engineering advancements in wireless/optical communications, edge/cloud computing, situational awareness, and privacy and security, while balancing public sphere data collection requirements with community-defined benefits. CS3 will apply these advancements across five application themes: Road Safety & Traffic Efficiency; Public Safety; Assistive Technologies; Future of Outdoor Work; and Hyper-Local Environments. The applications will be realized within three distinct urban environments, leveraging strong partnerships with community organizations and municipal agencies in Harlem, New York City; West Palm Beach, Florida; and New Brunswick, New Jersey.
At FAU, CS3 builds upon a longstanding partnership with the City of West Palm Beach, developed through the West Palm Beach Mobility Intelligence Project, led by FAU's I-SENSE. Launched in 2019, and supported through the City of West Palm Beach, the Knight Foundation, and the Community Foundation of Palm Beach and Martin Counties, the pedestrian mobility sensing project plays a central role in CS3.
"Over the next decade, CS3 will bring a range of smart streetscape technologies to the City of West Palm Beach and position the city as a national leader in smart cities," said West Palm Beach Mayor Keith A. James. "These technologies will enable new streetscape applications designed to enhance livability, safety, and inclusivity across the West Palm Beach community - from enabling safer crosswalks, to improving transportation and parking, to assisting pedestrians with disabilities. The specific applications to be developed will be selected and guided through continuous public engagement."
Christopher Roog, executive director of the West Palm Beach Community Redevelopment Agency, says that the City of West Palm Beach is excited to further strengthen its partnership with the CS3 team and to collaboratively chart the future of the nation's streetscapes.
"Our team could not be more excited to embark on this path with our partners to advance the future of the nation's streetscapes, and to deliver fundamental improvements in the livability, safety, and inclusivity of American communities through engineering research and education," said Jason Hallstrom, Ph.D., executive director of I-SENSE, who serves as deputy director and chief research officer for CS3.
The FAU team led by I-SENSE and the College Engineering and Computer Science comprises researchers, staff and students across the FAU community, including FAU's Dorothy F. Schmidt College of Arts and Letters, Charles E. Schmidt College of Science, the Office of Undergraduate Research and Inquiry, and the Office of Equity and Inclusion.
"This prestigious award is Florida Atlantic University's first designation as a National Science Foundation Engineering Research Center. It marks a significant milestone for I-SENSE, the College of Engineering and Computer Science, and our entire university," said Daniel C. Flynn, Ph.D., FAU vice president for research. "The interdisciplinary nature of the project will serve as a catalyst for important scientific and technological advancements that will transform cities throughout our nation."
Team-leads include Dimitris Pados, Ph.D., Schmidt Eminent Scholar Professor, FAU Department of Electrical Engineering and Computer Science, a fellow of FAU I-SENSE and director of the Center for Connected Autonomy and Artificial Intelligence; Jinwoo Jang, Ph.D., assistant professor, FAU Department of Electrical Engineering and Computer Science and an I-SENSE fellow; Jiannan Zhai, Ph.D., research assistant professor, FAU I-SENSE; John Renne, Ph.D., professor and director of the Center for Urban and Environmental Solutions, Charles E. Schmidt College of Science; Valentine Aalo, Ph.D., professor, FAU Department of Electrical Engineering and Computer Science; and Donna Chamely-Wiik, Ph.D., associate dean for undergraduate research and prestigious fellowships, FAU Office of Undergraduate Research and Inquiry. Additional partners include 25 industry members, 13 community groups, 13 municipal agencies, 11 educational institutions, and two federal labs.
"Together with Columbia University and our other core partners, FAU will co-lead smart city research and innovation, capitalizing on and growing our collective experience in sensing technologies, artificial intelligence, high-speed wireless communication, simulation and forecasting, among other areas of expertise," said Stella Batalama, Ph.D., dean, FAU College of Engineering and Computer Science. "Joining forces with our academic, government and industry partners will help to ensure the rapid translation of these technologies for wide-use applications and fruitful economic impact."
The ERC for Smart Streetscapes positions academic and non-academic stakeholders - urban residents, institutional leaders, students, teachers and municipal resource managers - as co-producers of knowledge and auditors of technology research and development, forming a broad innovation ecosystem that explores the science, utility and humanity of engineering research.
- FAU -
About FAU's College of Engineering and Computer Science:
The FAU College of Engineering and Computer Science is internationally recognized for cutting edge research and education in the areas of computer science and artificial intelligence (AI), computer engineering, electrical engineering, biomedical engineering, civil, environmental and geomatics engineering, mechanical engineering, and ocean engineering. Research conducted by the faculty and their teams expose students to technology innovations that push the current state-of-the art of the disciplines. The College research efforts are supported by the National Science Foundation (NSF), the National Institutes of Health (NIH), the Department of Defense (DOD), the Department of Transportation (DOT), the Department of Education (DOEd), the State of Florida, and industry. The FAU College of Engineering and Computer Science offers degrees with a modern twist that bear specializations in areas of national priority such as AI, cybersecurity, internet-of-things, transportation and supply chain management, and data science. New degree programs include Master of Science in AI (first in Florida), Master of Science and Bachelor in Data Science and Analytics, and the new Professional Master of Science and Ph.D. in computer science for working professionals. For more information about the College, please visit eng.fau.edu.
About FAU's Institute for Sensing and Embedded Network Systems Engineering:
The Institute for Sensing and Embedded Network Systems Engineering (I-SENSE) leads university-wide activities in Sensing and Smart Systems, one of Florida Atlantic University's four research pillars. The I-SENSE mission is to catalyze a culture of research excellence in Sensing and Smart Systems; to develop, demonstrate, and operate technological solutions with high societal impact; and to attract and support future generations of interdisciplinary researchers and practitioners. The mission is led by a robust interdisciplinary team comprising four staff members, nine faculty fellows, three postdoctoral researchers, more than 60 affiliated faculty, and more than two dozen supported students.
About Florida Atlantic University: Florida Atlantic University, established in 1961, officially opened its doors in 1964 as the fifth public university in Florida. Today, the University serves more than 30,000 undergraduate and graduate students across six campuses located along the southeast Florida coast. In recent years, the University has doubled its research expenditures and outpaced its peers in student achievement rates. Through the coexistence of access and excellence, FAU embodies an innovative model where traditional achievement gaps vanish. FAU is designated a Hispanic-serving institution, ranked as a top public university by U.S. News & World Report and a High Research Activity institution by the Carnegie Foundation for the Advancement of Teaching. For more information, visit www.fau.edu.
____________
Media Contacts: Gisele Galoustian
Senior Media Relations Director, Research and Health
ggaloust@fau.edu
Mobile: 561-985-4615
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SOURCE Florida Atlantic University | https://www.mysuncoast.com/prnewswire/2022/08/11/new-26-million-nsf-engineering-research-center-advance-future-smart-streetscapes/ | 2022-08-11T15:56:50Z |
4 Air Force cadets may not graduate due to vaccine refusal
WASHINGTON (AP) — Four cadets at the Air Force Academy may not graduate or be commissioned as military officers this month because they have refused the COVID-19 vaccine, and they may be required to pay back thousands of dollars in tuition costs, according to Air Force officials.
It’s the only military academy, so far, where cadets may face such penalties. The Army and Navy said that as of now, none of their seniors are being prevented from graduating at the U.S. Military Academy at West Point, N.Y., or the Naval Academy in Annapolis, Maryland, due to vaccine refusals. The graduations are in about two weeks.
Defense Secretary Lloyd Austin last year made the COVID-19 vaccinations mandatory for service members, including those at the military academies, saying the vaccine is critical to maintaining military readiness and the health of the force.
Military leaders have argued that troops for decades have been required to get as many as 17 vaccines in order to maintain the health of the force, particularly those deploying overseas. Students arriving at the military academies get a regimen of shots on their first day — such as measles, mumps and Rubella - if they aren’t already vaccinated. And they routinely get regular flu shots in the fall.
Members of Congress, the military and the public have questioned if the exemption reviews by the military services have been fair. And there have been multiple lawsuits filed against the mandate, mainly centering on the fact that very few service members have been granted religious exemptions from the shots.
Until the COVID-19 vaccine, very few military members sought religious exemptions to any vaccines.
Lt. Col. Brian Maguire, Air Force Academy spokesman said that while vaccination status may hinder the four seniors’ graduation, “there are still two weeks until graduation, so their status could change as the cadets weigh their options.”
According to Maguire, the four cadets — who are not named — have been informed of the potential consequences, and have met with the academy’s superintendent. In addition to those four, there are two juniors, one sophomore and six freshmen at the academy who have also refused the vaccine.
The military academies for years have required students under certain circumstances to repay tuition costs if they leave during their junior or senior year. Often those involve students with disciplinary issues or similar problems. The costs can be as much as $200,000, or more, and any final decision on repayment is made by the service secretary.
West Point said that there are no members of the Class of 2022 who have refused to get the vaccine.
Across the military, the Army, Navy, Air Force and Marine Corps have discharged nearly 4,000 active duty service members for refusing the vaccine. According to recent data released by the services, more than 2,100 Marines, 900 sailors, 500 Army soldiers and 360 airmen have been thrown out of the military, and at least 50 were discharged during entry level training, before they moved into active duty service.
Those who flatly refuse the vaccine without seeking an exemption are still being discharged. But the courts have stalled additional discharges of service members who sought religious exemptions.
Last month, a federal judge in Texas barred the Navy from taking action for now against sailors who have objected to being vaccinated on religious grounds.
U.S. District Judge Reed O’Connor had, in January, issued a preliminary injunction preventing the Navy from disciplining or discharging 35 sailors who sued over the Navy’s vaccine policy while their case played out. In April, O’Connor agreed the case could go forward as a class action lawsuit and issued a preliminary injunction covering about 4,000 sailors who have objected on religious grounds to being vaccinated.
Also last month, a federal judge in Ohio granted a preliminary injunction blocking the Air Force from disciplining a dozen officers and some additional airmen and reservists who were seeking religious exemptions. The officers, mostly from Wright-Patterson Air Force Base near Dayton, Ohio, filed a lawsuit in February after their exemption requests were denied.
According to the military, as many as 20,000 service members have asked for religious exemptions. Thousands have been denied.
As of recent data, the Air Force has approved 73 religious exemptions, the Marine Corps has approved seven, and the Army has approved eight. Prior to the injunction, the Navy conditionally approved one reservist and 26 active duty requests for religious exemptions, and 10 requests from members of the Individual Ready Reserve. The IRR approvals mean that those sailors don’t have to be vaccinated until they are actually called to serve.
About 99% of the active duty Navy and 98% of the Air Force, Marine Corps and Army have gotten at least one shot.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/14/4-air-force-cadets-may-not-graduate-due-vaccine-refusal/ | 2022-05-14T04:53:15Z |
STOCKHOLM, July 18, 2022 /PRNewswire/ -- Evolution today announced the launch of its new Connecticut live casino studio, the company's fourth studio serving the growing regulated US iGaming market.
Like Evolution's other US studios, the new Connecticut studio provides a state-of-the-art B2B live casino solution for any operator looking to offer world-class live casino gaming to online players in this jurisdiction. Evolution has been in the market with its slots portfolio since October 2021, and the live casino launch is the next step in its progression in Connecticut.
Existing Evolution customers FanDuel and DraftKings went live on day one of the studio launch, initially offering live dealer Roulette and Blackjack.
According to Evolution, it is expected that many more games from the extensive Evolution portfolio of live casino games and live game shows will be made available for operators serving Connecticut later this year, including games such as Baccarat and the company's award-winning Lightning Roulette.
Jeff Millar, Commercial Director North America at Evolution, commented: "Evolution is proud and excited to further expand its North American footprint and to once again help operators be first into a new online market. We are confident that online players in Connecticut, just like players in New Jersey, Pennsylvania, Michigan and West Virginia before them, will enjoy a truly world-class gaming experience."
Millar added: "We look forward to many exciting years working in partnership with our operators to bring players the most innovative online gaming and entertainment solutions and even greater choice. Our studio offers plenty of headroom for this exciting market. There's room to expand to meet licensees' needs, and also room to operate dedicated, exclusively branded tables and environments, which are very popular with both our operators."
For trade press and media enquiries, please contact:
Amy Riches, Head of Marketing, ariches@evolution.com
For investor enquiries, please contact:
Jacob Kaplan, CFO, ir@evolution.com, +46 70 508 85 75
This information was brought to you by Cision http://news.cision.com
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SOURCE Evolution | https://www.wibw.com/prnewswire/2022/07/18/evolution-launches-fourth-us-live-casino-studio-serving-new-connecticut-market/ | 2022-07-18T07:04:33Z |
(KTLA) — It’s not exactly a bright spot, but it is a sign of the times.
It’s a near-certainty that Social Security beneficiaries will receive a record cost-of-living adjustment next year as inflation stubbornly remains at a 40-year high.
The Bureau of Labor Statistics reported Wednesday that the Consumer Price Index surged by 9.1% in June from a year before.
That’s well ahead of the 8.6% rate seen in May and surpassed the 8.8% rate expected by many economists.
The nonpartisan Senior Citizens League now estimates that Social Security recipients will receive a 10.5% cost-of-living adjustment for 2023.
That would translate to average monthly checks climbing by $175.10 to $1,668.
Just two months ago, the group was forecasting an 8.6% increase for next year.
Nothing is settled. The Social Security Administration tabulates annual cost-of-living adjustments based on third-quarter data, and we’re not there yet.
The next few months, in other words, will be pivotal.
And there’s another wild card: Medicare.
Medicare Part B premiums are typically deducted from Social Security checks. A significant increase in healthcare costs, in other words, could mitigate the cost-of-living bump.
And keep in mind that the bigger Social Security checks get, the faster the program’s trust funds will be depleted.
That doesn’t mean Social Security is going bankrupt, as some are fond of saying. But it does mean the program will have difficulty meeting its financial obligations.
Current estimates say the trust funds will run out of money in 2035, at which point Social Security would be able to meet only about 80% of current benefits.
In the past, such shortfalls were addressed by lawmakers through higher taxes and/or reduced benefits. That’s exactly how the program was designed — a work in perpetual progress.
In the current political climate? Well, it’s all too easy to imagine feckless lawmakers punting on hard decisions and creating a needless crisis. | https://cw33.com/news/nexstar-media-wire/social-security-checks-expected-to-jump-next-year/ | 2022-07-14T20:16:44Z |
GUANGZHOU, China, Aug. 2, 2022 /PRNewswire/ -- Yatsen Holding Limited ("Yatsen" or the "Company") (NYSE: YSG), a leading Chinese beauty company, today announced that it has received a letter from the New York Stock Exchange (the "NYSE") dated August 1, 2022 (the "August Letter"), notifying the Company that it has regained compliance with the NYSE's continued listing criterion of a minimum share price as set forth in Section 802.01C of the NYSE Listed Company Manual (the "NYSE Minimum Price Continued Listing Criterion").
As previously announced, the Company received a letter from the NYSE dated April 11, 2022, notifying the Company that it was below compliance standards due to the average closing price of the Company's American depositary shares being less than $1.00 for a consecutive 30 trading-day period. Following the receipt of the August Letter, the Company is no longer considered below the NYSE Minimum Price Continued Listing Criterion and has regained compliance regarding this matter.
Safe Harbor Statement
This announcement contains statements that may constitute "forward-looking" statements that are made pursuant to the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "likely to," and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the Securities and Exchange Commission ("SEC"), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company's beliefs, plans, outlook and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, which includes but are not limited to the following: the Company's growth strategies; its future business development, results of operations and financial condition; its ability to continue to roll out popular products and maintain the popularity of existing products; its ability to anticipate and respond to changes in industry trends and consumer preferences and behavior in a timely manner; its ability to attract and retain new customers and to increase revenues generated from repeat customers; its expectations regarding demand for and market acceptance of its products and services; its ability to integrate newly-acquired businesses and brands; trends and competition in and relevant government policies and regulations relating to China's beauty market; changes in its revenues and certain cost or expense items; and general economic conditions in China. Further information regarding these and other risks is included in the Company's filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.
About Yatsen Holding Limited
Yatsen Holding Limited (NYSE: YSG) is a leading player in China's beauty market with a mission to create an exciting new journey of beauty discovery for consumers in China and around the world. Founded in 2016, the Company has launched and acquired multiple color cosmetics and skincare brands, including Perfect Diary, Little Ondine, Abby's Choice, Galénic, DR.WU (its mainland China business), Eve Lom and Pink Bear. The Company's flagship brand, Perfect Diary, is one of the top color cosmetics brands in China in terms of online retail sales value. Leveraging its digitally native direct-to-customer business model, the Company has built core capabilities which enable it to launch and scale multiple brands quickly while offering a wide selection of products to a growing variety of customers. The Company reaches and engages with customers directly, both online and offline, with expansive presence across all major e-commerce, social and content platforms in China.
For more information, please visit http://ir.yatsenglobal.com/.
For investor and media inquiries, please contact:
In China:
Yatsen Holding Limited
Investor Relations
E-mail: ir@yatsenglobal.com
The Piacente Group, Inc.
Emilie Wu
Tel: +86-21-6039-8363
E-mail: yatsen@thepiacentegroup.com
In the United States:
The Piacente Group, Inc.
Brandi Piacente
Tel: +1-212-481-2050
E-mail: yatsen@thepiacentegroup.com
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SOURCE Yatsen Holding Limited | https://www.kxii.com/prnewswire/2022/08/02/yatsen-regains-compliance-with-nyse-minimum-price-continued-listing-criterion/ | 2022-08-02T10:18:27Z |
Five regional center operators collectively praise the judge's ruling, which signals that EB-5 is open for business nationwide
DALLAS, June 28, 2022 /PRNewswire/ -- The District Court for the Northern District of California, on Friday, June 24, issued a preliminary injunction in Behring Regional Center vs. Mayorkas et.al. The Court ordered in part that previously designated EB-5 regional centers "must presently be permitted to operate;" this order enjoins the government from implementing its action deauthorizing EB-5 regional centers. This decision clears the way for investors to file new immigration petitions (I-526) under the EB-5 Reform and Integrity Act of 2022.
Five leading EB-5 regional center operators – Civitas Capital Group, CanAm Enterprises, EB5 Capital, Golden Gate Global, and Pine State Regional Center – are gratified that the Court recognized the agency's unlawful action and the significant harms resulting to all preexisting regional centers operating in good faith.
"We are particularly grateful that IIUSA, the industry trade association representing over 100 regional center members, was able to make such a compelling case to the Court in its briefing and at the second hearing on the matter as amicus curiae" said Lulu Gordon, General Counsel for EB5 Capital, speaking on behalf of the listed regional center operators.
"Judge Chhabria accepted IIUSA's legal arguments and legal reasoning to extend nationwide relief to all regional centers and thereby reopen the EB-5 regional center program" said IIUSA counsel Ron Klasko.
The EB-5 Program has an overwhelmingly positive impact on the U.S. economy. Between 2008 and 2021, the EB-5 Program helped generate $37.4 billion in foreign direct investment to create and retain U.S. jobs for Americans at no cost to the taxpayer.
Civitas Capital Group is a nimble alternative investment manager, founded in 2009, offering compelling, niche opportunities in U.S. real estate. Civitas exists to create opportunities that enrich our communities, investors, and employees alike. Driven by relentless creativity, Civitas digs deeper to uncover opportunities that others miss. Follow Civitas Capital Group on LinkedIn. Learn more at civitascapital.com.
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SOURCE Civitas Capital Group | https://www.kxii.com/prnewswire/2022/06/28/civitas-welcomes-federal-court-ruling-enjoining-unlawful-uscis-action/ | 2022-06-28T21:04:47Z |
WASHINGTON (AP) — The nation’s capital has a long tradition of stunning leaks, from national security secrets to political scandals, but this week’s disclosure of a draft Supreme Court decision is one for the history books. The document obtained by Politico shows a majority of justices could be poised to overturn Roe v. Wade, the landmark 1973 decision that created a constitutional right to abortion.
Its authenticity was confirmed by the court on Tuesday. The draft was written by Samuel Alito, one of the most conservative justices. According to Politico, four other justices — Clarence Thomas, Neil Gorsuch, Brett Kavanaugh and Amy Coney Barrett — have agreed with the opinion, enough for a majority.
If the decision stands as written, it would also overturn Planned Parenthood v. Casey, a 1992 decision that protected abortion services even though it allowed states to add some limitations.
It’s not surprising that the court, which has a strong conservative majority after former President Donald Trump appointed three justices during his single term in office, would seek tocurb abortion rights. However, the breadth of the draft opinion startled advocates and sent shockwaves through American politics.
Here’s a look at where things stand right now.
IS THE SUPREME COURT DECISION FINAL?
No opinion is final until it’s issued by the court. The draft could evolve before it is formally released. The court is expected to rule on the case before its term ends in late June or early July.
The leaked version was dated Feb. 10, and any revisions could modify the scope of the decision and its potential impact on other constitutional issues.
But Politico reported that there were enough votes within the court to overturn Roe v. Wade and Planned Parenthood v. Casey, the two key decisions that have protected abortion rights.
HOW WOULD SUCH A DECISION AFFECT ABORTION RIGHTS?
The draft opinion is related to Dobbs v. Jackson Women’s Health Organization, a case involving Mississippi’s ban on abortion after 15 weeks.
But the decision would have ripple effects around the country, giving a green light for other states to enact their own restrictions on abortion. Some states have already passed “trigger laws” that would automatically ban or severely limit abortion in the event that Roe is overturned.
The most likely outcome would be a patchwork of laws around the country. States run by Democrats could be expected to protect access to abortion, while states run by Republicans would not.
CAN I READ THE DRAFT OPINION FOR MYSELF?
You can see all 98 pages here.
WHERE IS PUBLIC SENTIMENT ON ABORTION?
Only a minority of Americans want to overturn Roe vs. Wade. In 2020, AP VoteCast found that 69% of those surveyed wanted the Supreme Court to leave the decision intact.
A more recent poll conducted by The Associated Press-NORC Center for Public Affairs Research, released last June, said 57% of Americans believed abortion should be legal in all or most cases. Another 43% said it should be illegal in all or most cases.
When it comes to limitations on abortion, public opinion is more mixed. Support for the procedure is strongest when the pregnancy is in the first trimester, and declines after that.
It’s worth remembering that three of the justices who appear poised to overturn Roe were appointed by former President Donald Trump, who did not win the popular vote when he was elected in 2016. A sweeping decision would invite new questions about how the nation’s highest court reflects — or conflicts with — public sentiment.
HOW IS CONGRESS LIKELY TO RESPOND?
Alito’s draft said control over abortion should be left “to the people and their elected representatives.” Theoretically, Congress could move swiftly to enshrine a national right to abortion, but that’s unlikely. Such an effort has previously stalled in the Senate, where Democrats have only a slim majority.
If there’s no legislative path to protecting abortion, it could take decades for the Supreme Court’s decision to be undone. Justices receive a lifetime appointment to the bench, and conservatives have a strong majority that will be difficult to dislodge.
WHAT COULD PRESIDENT JOE BIDEN DO?
Biden said he’s asked administration officials to prepare a “response to the continued attack on abortion and reproductive rights,” adding that “we will be ready when any ruling is issued.”
But without congressional action, his options are limited. Although he said he wants legislation to pass on Capitol Hill, he hasn’t said whether Democratic senators should sidestep the filibuster to do so. There’s unlikely to be enough support within the caucus for such a step anyway.
WHAT ARE THE POTENTIAL RIPPLE EFFECTS?
Democrats and liberals fear that a sweeping decision on abortion could undermine the right to privacy, a concept that has provided the foundation for other Supreme Court rulings over the years. Biden singled out same sex marriage and birth control as facing potential threat. “It’s a fundamental shift in American jurisprudence,” he told reporters Tuesday.
WHO LEAKED THE DRAFT OPINION?
Chief Justice John Roberts called the leak “a singular and egregious breach,” and he’s asked officials to investigate.
People familiar with the internal workings of the court could identify around 70 people who might have access to a draft. First, of course, are the nine justices themselves. Then, there is the small group of staff that work for each justice. Finally, there are the justices’ clerks, young lawyers who work with the justices for a year in a highly-prized position. Each justice has four clerks — and secrecy is part of their job.
Politico said it received the copy “from a person familiar with the court’s proceedings,” leading to speculation that a dissenter among the justices or their staff wanted to make it public. However, it’s also possible that someone who liked the draft hoped that releasing the document would harden support for it. | https://cw33.com/news/politics/ap-politics/qa-whats-next-for-abortion-after-supreme-court-leak/ | 2022-05-04T16:53:22Z |
EEI Edison Award is electric power industry's highest honor in the US
WALTHAM, Mass., June 22, 2022 /PRNewswire/ -- National Grid received the 2022 International Edison Award from the Edison Electric Institute (EEI) for its North Sea Link (NSL) project last evening. The link allows the UK and Norway to share renewable energy across the longest subsea electricity interconnector in the world.
"National Grid is honored to receive the prestigious International Edison Award from EEI," said National Grid CEO John Pettigrew. "The NSL is critical to providing our customers with the affordable, reliable, and clean energy they want and deserve, and it is helping to shape the future of the electric power industry by establishing technologies that increase flexibility for the energy grid, which enables us to efficiently reduce carbon emissions."
National Grid and Statnett's €1.6-billion (approximately $1.7 billion USD) NSL started commercial operations on October 1, 2021, marking a major milestone in the UK's and Norway's journeys to net zero. By enabling the trade of renewable energy between the two countries for the first time, NSL will help the UK to avoid 23 million metric tons of carbon emissions by 2030.
Stretching 720 kilometers (km, approximately 447 miles) across the North Sea between Blyth in the UK and the village of Kvilldal, near Stavanger in southwestern Norway, at depths of up to 700 meters (approximately 2,300 feet), NSL provides clean electricity to power 1.4 million homes.
"Across the globe, EEI and our member companies are focused on getting the energy we provide as clean as we can as fast as we can, without compromising on the reliability or affordability that are essential to the customers and the communities we serve," said EEI President Tom Kuhn. "Because of the NSL, multiple countries are able to take the next step toward powering a net-zero economy. I applaud National Grid for its leadership and congratulate them for winning this prestigious award for this engineering marvel."
Presented annually and selected by a panel of former energy industry executives, the Edison Award is the electric power industry's highest honor in the US. The award was presented in Orlando, Fla., during EEI 2022, EEI's annual thought leadership forum.
National Grid (NYSE: NGG) is an electricity, natural gas, and clean energy delivery company serving more than 20 million people through our networks in New York and Massachusetts. National Grid is focused on building a path to a more affordable, reliable clean energy future through our fossil-free vision. National Grid is transforming our electricity and natural gas networks with smarter, cleaner, and more resilient energy solutions to meet the goal of reducing greenhouse gas emissions.
For more information, please visit our website, follow us on Twitter, watch us on YouTube, friend us on Facebook, and find our photos on Instagram.
EEI is the association that represents all U.S. investor-owned electric companies. Our members provide electricity for more than 235 million Americans,and operate in all 50 states and the District of Columbia. As a whole, the electric power industry supports more than 7 million jobs in communities across the United States. In addition to our U.S. members, EEI has more than 65 international electric companies, with operations in more than 90 countries, as International Members, and hundreds of industry suppliers and related organizations as Associate Members.
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SOURCE National Grid | https://www.wibw.com/prnewswire/2022/06/22/national-grid-wins-eeis-international-edison-award-north-sea-link-project/ | 2022-06-22T15:51:25Z |
NEW YORK, April 25, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Spero Therapeutics, Inc. ("Spero" or the "Company") (NASDAQ: SPRO). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Spero and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On March 31, 2022, Spero issued a press release announcing the Company's fourth quarter and full year 2021 financial results. In the press release, Spero disclosed that "[t]he U.S. Food and Drug Administration (FDA) has notified Spero that, as part of its ongoing review of Spero's New Drug Application (NDA) for tebipenem HBr, it has identified deficiencies that preclude discussion of labeling and post-marketing requirements/commitments at this time."
On this news, Spero's stock price fell $1.59 per share, or 18.27%, to close at $7.11 per share on April 1, 2022.
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. 9980
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SOURCE Pomerantz LLP | https://www.wibw.com/prnewswire/2022/04/25/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-spero-therapeutics-inc-spro/ | 2022-04-25T22:50:29Z |
SAN FRANCISCO, Aug. 18, 2022 /PRNewswire/ -- Discord is an essential tool for web3 communities, but can quickly become overwhelming and tedious without the right tools to help you navigate it. Fortunately, there are several game-changing bots with features to help DAO members and leaders better coordinate their communities, make sense of all the noise and chatter, and extract critical DAO information and make it easily available to members.
Here are 5 'must-have' Discord bots for a winning web3 stack that will guarantee your community stays on track and moves at hyperspeed towards your common goal.
ILUMA, the 'Superhuman of web3', powers some of the most influential DAOs. ILUMA gives you the superhuman ability to filter out the chatter and noise of Discord, saving you countless hours by easily providing you with the most important information and insights. Their software is for DAO builders and members alike, with an AI inbox to easily find and triage the most relevant and time-sensitive bits of information, a dashboard that extracts and collects DAO data on voting, proposals, conversations, new members and projects, onboarding flows that allow new members to efficiently begin contributing to the DAO, and so much more.
A great tool for managing calendar events, tracking RSVPs and setting reminders on Discord is Sesh, which does all of the above - even across multiple time zones. Not only is it very easy to use and install, Sesh offers an expansive free version for communities looking to manage calendars and events. That said, the paid version is inexpensive and offers incredible perks. It's easy to see why over 2 million events have been created on Discord using SESH!
The best voting tool on the market, Snapshot, is another web3 community stack must-have. The open-source, off-chain voting system is already used by hundreds of DAOs to make decisions democratically by voting on proposals about spending, events and projects. The platform offers simple voting schemes, i.e. the classic "yay" or "nay", as well as multiple choice, weighted voting, and more recently the option of shielded voting to keep voting private using encryption. DAOs are able to easily track Snapshot voting outcomes, which in turn streamlines the decision-making process. Another added plus - no gas fees!
Joining Discord NFT communities requires you to verify that you are an NFT holder. Doing so assigns you a role, which grants you access to private Discord channels, special events and gives you additional permissions that are hidden from non-holders. Having to manually manage roles and channel access in a community of thousands of people is incredibly time-consuming, Collab.Land provides an easy way for community managers to manage these member permissions. Their tokenized system allows communities to harness digital assets like NFTs and use them as programmable identities in a scalable way. Collab.Land offers templates that make setting up your first bot easy, as well as the option to customize your Collab.Land bot and tailor it to the needs of your community.
As web3 community Discord servers scale from tens to thousands of members, manual verification, community moderation and member incentivization becomes increasingly time-consuming and unmanageable. MEE6 helps community managers automate several areas of community management by providing basic onboarding, role assignment, and message gamification. Used by 19M servers, MEE6 offers a large range of features, from creating custom commands to setting up member levels and rewards, offers 20+ plugins, a wide range of customization, and can be set up within minutes.
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SOURCE Iluma | https://www.wibw.com/prnewswire/2022/08/18/5-discord-bots-every-web3-community-amp-dao-should-have/ | 2022-08-18T15:35:25Z |
DUBLIN, April 20, 2022 /PRNewswire/ -- Endo International plc (NASDAQ: ENDP) today announced that the Tennessee Court of Appeals has reversed a trial court judge's order denying a motion for recusal by Endo's wholly-owned subsidiaries Endo Health Solutions Inc. and Endo Pharmaceuticals Inc. (collectively, Endo or the Company) in Clay County et al. v. Purdue Pharma, L.P., et al., (formerly known as Dunaway, et al. v. Purdue Pharma, L.P., et al.), pending in the Circuit Court for Cumberland County, Tennessee, and remanded the case for transfer to a different judge.
In so doing, the Tennessee Court of Appeals also vacated the trial court judge's order imposing sanctions on Endo for alleged discovery violations, including the entry of a default judgment on liability.
The Tennessee Court of Appeals noted that its ruling was necessary "to promote confidence" in the judiciary after finding that the trial court judge, through various public comments and social media activity following his February 2022 entry of the default judgment, "positioned himself publicly as an interested community advocate…not an impartial adjudicator presiding over litigation."
The Clay County case involves claims by 13 Tennessee counties, 22 cities and towns within those counties and an individual plaintiff alleging that Endo's sale of prescription opioid medications violated Tennessee's Drug Dealer Liability Act.
Endo (NASDAQ: ENDP) is a specialty pharmaceutical company committed to helping everyone we serve live their best life through the delivery of quality, life-enhancing therapies. Our decades of proven success come from passionate team members around the globe collaborating to bring the best treatments forward. Together, we boldly transform insights into treatments benefiting those who need them, when they need them. Learn more at www.endo.com or connect with us on LinkedIn.
Certain information in this press release may be considered "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995 and any applicable Canadian securities legislation including, but not limited to, any statements relating to the status or outcome of litigation or settlement discussions. Statements including words or phrases such as "believe," "expect," "anticipate," "intend," "estimate," "plan," "will," "may," "look forward," "intend," "future," "potential" or similar expressions are forward-looking statements. All forward-looking statements in this press release reflect Endo's current expectations of future events based on existing trends and information and represent Endo's judgment only as of the date of this press release. Actual results may differ materially and adversely from current expectations based on a number of factors affecting Endo's businesses, including, among other things, the following: the outcome of our strategic review, contingency planning and any potential restructuring; the timing, impact or results of any pending or future litigation, investigations or claims or actual or contingent liabilities, settlement discussions, negotiations or other adverse proceedings; our ability to satisfy judgments or settlements or pursue appeals including bonding requirements; our ability to adjust to changing market conditions; our ability to attract and retain key personnel; our inability to maintain compliance with financial covenants and operating obligations which would expose us to potential events of default under our outstanding indebtedness; our ability to incur additional debt or equity financing for working capital, capital expenditures, business development, debt service requirements, acquisitions or general corporate or other purposes; our ability to refinance our indebtedness; a significant reduction in our short-term or long-term revenues which could cause us to be unable to fund our operations and liquidity needs or repay indebtedness. The occurrence or possibility of any such result has caused us to engage, and may result in further engagement in strategic reviews that ultimately may result in our pursuing one or more significant corporate transactions or other remedial measures, including on a preventative or proactive basis. Those remedial measures could include a potential corporate reorganization, restructuring or bankruptcy filing involving all or a portion of our business, asset sales or other divestitures, cost-saving initiatives, corporate realignments or strategic partnerships. Some of these measures could take significant time to implement and others may require judicial or other third-party approval. Any such actions may be complex, could entail significant costs and charges or could otherwise negatively impact shareholder value, and there can be no assurance that we will be able to accomplish any of these alternatives on terms acceptable to us, or at all, or that they will result in their intended benefits. Therefore, the reader is cautioned not to rely on these forward-looking statements. Endo expressly disclaims any intent or obligation to update these forward-looking statements, except as required to do so by law. Additional information concerning risk factors, including those referenced above, can be found in press releases issued by Endo, as well as Endo's public periodic filings with the U.S. Securities and Exchange Commission and with securities regulators in Canada, including the discussion under the heading "Risk Factors" in Endo's most recent Annual Report on Form 10-K and any subsequent Quarterly Reports on Form 10-Q or other filings with the U.S. Securities and Exchange Commission.
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SOURCE Endo International plc | https://www.wibw.com/prnewswire/2022/04/20/tennessee-court-appeals-orders-recusal-trial-court-judge-vacates-default-judgment-liability-against-endo/ | 2022-04-20T22:42:43Z |
NEW YORK (StudyFinds.org) – Familiar with your family tree? There’s a good chance you’re not. More than half of Americans don’t know the names of all four of their grandparents.
A recent survey of 2,113 U.S. adults, including 1,911 from the top 10 Nielsen market areas and 202 from Salt Lake City, found that there is a massive knowledge gap when it comes to recent family history. Knowledge of past generations varied by city, as 66 percent of Boston residents could name all of their grandparents, compared to only 26 percent of those in Philadelphia. San Francisco residents weren’t much better at 34 percent, while people in Chicago and Dallas only slightly higher at 36 percent.
As a whole, just 47 percent of respondents could correctly name all four grandparents.
The apple falls a bit far from the family tree
Conducted by OnePoll on behalf of Ancestry, the survey also reveals that only four percent could name all eight of their great-grandparents. When it comes to knowing the most about their family history, three in four people in Salt Lake City say they feel knowledgeable compared to 46 percent of those in Philadelphia.
Despite the knowledge gap, most respondents expressed interest in learning more about their family history (66%). In particular, over half the poll (51%) want to know stories about when their ancestors were young and what their were like at the time.
Most people claim to know the bulk of their family history from parents (43%) or grandparents (40%) relaying stories.
“Listening to family stories is a great starting point to learn about your family’s past, but some details can get lost as they are passed down for generations,” says Crista Cowan, Corporate Genealogist at Ancestry, in a statement. “Digging deeper into records, such as census records, can help fill in the gaps and add rich historical context about more recent family history.”
Catching up with the Census
On April 1, the 1950 U.S. Census was made public. Ancestry is indexing the records state by state to make them searchable for everyone for free. The 151 million newly released records will provide key details about more recent generations.
With the release of the 1950 U.S. Census records, respondents are most interested to learn their ancestors’ employment details, including salary, status and hours worked (38%) and occupations (35%), followed by names (34%) and ages (34%).
“It’s exciting that younger generations now have the opportunity to learn more about family members they know, like parents and grandparents,” Cowan says. “The 1950 Census provides a fascinating look at an era in our collective history, marking the first time baby boomers appear in a U.S. census. The real magic happens when you discover a more complete picture of not only what your family member’s life was like at a moment in time, but also how it had changed over the decades.” | https://cw33.com/news/family-tree-stumped-most-americans-cant-name-all-4-of-their-grandparents/ | 2022-04-11T23:37:10Z |
Acer has decided to suspend its business in Russia due to recent developments
TAIPEI, April 8, 2022 /PRNewswire/ -- Acer Inc. (2353.TW) announced today its consolidated revenues for March at NT$30.31 billion, up 9.2% year-on-year (YoY) and 32.3% month-over-month. Preliminary consolidated revenues for the first quarter of 2022 reached NT$78.37 billion, up 9.5% YoY, and marking the highest quarter of the same period in nine years. Acer's public subsidiaries have all announced their March revenues, and their first quarter revenues have risen by 37.1% YoY in total.
Business highlights for the first quarter include:
- Gaming business [1] revenues grew 25.9% YoY
- Commercial business [2] revenues grew 36.9% YoY
- Desktop business revenues grew 30.3% YoY
- Acer Gaming Inc. revenues grew 37.2% YoY
- MPS Energy Inc. revenues grew 172.3% YoY
- Acer ITS Inc. revenues grew 133.9% YoY
- Altos Computing Inc. revenues grew 391.2% YoY
Acer's strategy to build multiple business engines continues its momentum. The first quarter revenues of businesses other than PCs and displays grew 32.1% YoY, faster than the overall corporate growth.
Acer strictly adheres to applicable international trade laws and regulations, and is closely monitoring the conflict between Russia and Ukraine. Due to recent developments, Acer has decided to suspend its business in Russia. The company is focusing on the safety of all its employees, which includes ongoing efforts to help every individual and their families impacted by the current situation. Acer hopes that peace will be restored as soon as possible.
Acer's thoughts are with the affected people, and is working with several international agencies and NGOs on humanitarian support.
About Acer
Founded in 1976, Acer is one of the world's top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer's 7,500 employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.
© 2022 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.
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SOURCE Acer | https://www.kxii.com/prnewswire/2022/04/08/acer-reports-q1-2022-preliminary-consolidated-revenues-nt7837-billion-highest-9-years/ | 2022-04-08T11:11:53Z |
NEW YORK, Aug. 5, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Verrica Pharmaceuticals, Inc. (NASDAQ: VRCA).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/verrica-pharmaceuticals-inc-loss-submission-
form/?id=30554&from=4
The lawsuit seeks to recover losses for shareholders who purchased Verrica between May 28, 2021 and May 24, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 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, Verrica Pharmaceuticals, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) there were manufacturing deficiencies at the facility where Verrica's contract manufacturer produced a bulk solution for the Company's lead product candidate, VP-102; (2) these deficiencies were not remediated when Verrica resubmitted its New Drug Application for VP-12 for molluscum; (3) the foregoing presented significant risks to Verrica obtaining regulatory approval of VP-102 for molluscum; and (4) 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.
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.
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SOURCE Jakubowitz Law | https://www.kxii.com/prnewswire/2022/08/05/vrca-shareholder-alert-jakubowitz-law-reminds-verrica-shareholders-lead-plaintiff-deadline-august-5-2022/ | 2022-08-05T17:36:26Z |
ORLANDO, Fla. (WFLA) — The autopsy of Tyre Sampson, the teen who died after he fell from the FreeFall ride at ICON Park in Orlando, Florida, shows he had a number of extensive injuries and died from blunt force trauma.
The autopsy report from Orange County Medical Examiner’s office showed the 14-year-old suffered serious internal injuries, as well as injuries to his head, neck and torso after falling more than 70 feet.
Those injuries included multiple fractures to the skull, multiple fractured ribs, a broken arm, a broken leg, and serious lacerations throughout his body, some of which left the bones of his feet exposed.
“The manner of death is accident,” the report reads.
The FreeFall’s weight limit for a rider was 287 pounds. The autopsy indicated the teen was 383 pounds. A ride safety analyst previously said Sampson should have never been allowed to get on the ride.
In March, an examination of the ride found Sampson’s seat had been manually loosened and he was not properly secured.
The ride remains closed while the investigation continues.
“The loss of Tyre Sampson was a tragic accident. We continue to communicate and cooperate with representatives of Tyre’s family, as well as the Department of Agriculture,” Trevor Arnold, an attorney for the park operator, said in a statement to WFLA. “We are devoted to working with our lawmakers in making lasting safety changes in the amusement park industry.” | https://cw33.com/news/nexstar-media-wire/teen-who-fell-from-orlando-ride-died-of-blunt-force-trauma-to-head-body-autopsy-report-finds/ | 2022-06-14T15:14:34Z |
Mother says 6-year-old son died days after bitten by rattlesnake
COLORADO SPRINGS, Colo. (KKTV/Gray News) - A mother in Colorado is sharing her story after losing her son to a rattlesnake bite.
Lindsey Currat said her 6-year-old child, Simon Emmanuel, was bitten in the Bluestem Prairie Open Space area in Security-Widefield on July 5. He then passed away a week later, as reported by KKTV.
“Our support isn’t just from Security-Widefield,” Currat said. “We have been getting prayers from all over the country and around the globe. We have people in Europe and Canada that I know are praying for us and following our story.”
Currat said Simon was riding bikes with his father on a trail when the incident happened. After Simon was bitten, he was taken to a nearby hospital and resuscitated on his way there.
However, the 6-year-old needed additional care, so he was taken to the Children’s Hospital in Colorado Springs and transferred to Aurora.
Simon’s mother said doctors told her they did everything they could to save his life, but ultimately the family made the difficult decision to say goodbye to their son.
Currat said the family is accepting donations to help with the medical bills here.
Earlier this week, the Colorado Parks and Wildlife shared information on what to do and not to do when it comes to rattlesnake bites.
Copyright 2022 KKTV via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/07/14/mother-says-6-year-old-son-died-days-after-being-bit-by-rattlesnake/ | 2022-07-14T23:40:12Z |
With Three-Year Revenue Growth of 576 Percent, Macarta Climbs 233 Spots from Last Year's Rank
DENVER, Aug. 25, 2022 /PRNewswire/ -- Inc. revealed that Macarta, a Mindgruve Ventures company, earned No. 1,124 on its annual Inc. 5000 list, the most prestigious ranking of the fastest-growing private companies in America. The list represents a one-of-a-kind look at the most successful companies within the economy's most dynamic segment—its independent businesses. This marks Macarta's second time on the list, jumping 233 spots from last year's spot (No.1,357). The Colorado-based company also secured the No. 89 position in the advertising & marketing category and placed No. 41 in Colorado.
"It is an honor to be recognized for the second straight year by Inc. 5000 as one of the fastest growing companies," says Mike Hodges, co-founder & CEO of Macarta. "Our roster of global brand partners continues to grow and we value our relationships with each and every one of them. Kudos to the entire Macarta team for making all of this happen."
With a global footprint that continues to grow, Macarta's seasoned experts help brands optimize their Amazon presence through in-depth research, strategy, advertising, creative content, analytics and consumer insights. Macarta's A–Z services within the Amazon marketplace have also earned the company a spot as one of Amazon's Advanced Partners within their directory of trusted agencies for services such as paid search and advertising strategies, content and creative optimization, on-site analytics, and more.
"A big thank you to our incredible network of global brand partners, and our team's relentless drive to deliver a tailor-made, and consistently-excellent level of service around the world," says Stephen Reagan, co-founder, VP Strategy & Client Services. "We look forward to continuing to challenge ourselves and our partners to reimagine what a truly great agency relationship feels like."
"The accomplishment of building one of the fastest-growing companies in the U.S., in light of recent economic roadblocks, cannot be overstated," says Scott Omelianuk, editor-in-chief of Inc. "Inc. is thrilled to honor the companies that have established themselves through innovation, hard work, and rising to the challenges of today."
Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000. The top 500 companies are featured in the September issue of Inc. magazine.
Macarta works with brands to educate, advise, and execute the many nuances related to the Amazon marketplace. This includes content marketing and optimization, search and programmatic advertising, channel management and analytics, and overall brand performance. Macarta leans on years of deep Amazon sales channel management, advertising experience, and proven technology to deliver increased revenue and profit for their clients. Please visit www.macarta.com to learn more.
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SOURCE Macarta | https://www.kxii.com/prnewswire/2022/08/26/macarta-ranks-no-1124-2022-inc-5000-annual-list/ | 2022-08-26T13:19:53Z |
NEW YORK, July 1, 2022 /PRNewswire/ -- The Necessity Retail REIT, Inc. (Nasdaq: RTL/ RTLPP / RTLPO) ("RTL") announced today that it intends to continue to pay dividends on its shares of Class A common stock at an annualized rate of $0.85 per share or $0.2125 per share on a quarterly basis. RTL anticipates paying dividends authorized by its board of directors on its shares of Class A common stock on a quarterly basis in arrears on the 15th day of the first month following the end of each fiscal quarter (unless otherwise specified) to Class A common stock holders of record on the record date for such payment.
Accordingly, RTL declared a dividend of $0.2125 per share of Class A common stock payable on July 15, 2022 to Class A common stock holders of record at the close of business on July 11, 2022.
About The Necessity Retail REIT Where America Shops
The Necessity Retail REIT, Inc. (Nasdaq: RTL) is a publicly traded real estate investment trust listed on the Nasdaq focused on acquiring and managing a diversified portfolio of primarily service-oriented and traditional retail and distribution related commercial real estate properties in the U.S. Additional information about RTL can be found on its website at www.necessityretailreit.com.
Important Notice
The statements in this press release that are not historical facts may be forward-looking statements. These forward-looking statements involve risks and uncertainties that could cause the outcome to be materially different. In addition, words such as "may," "will," "seeks," "anticipates," "believes," "expects," "estimates," "projects," "plans," "intends," "should" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. These forward-looking statements are subject to a number of risks, uncertainties and other factors, many of which are outside of RTL's control, which could cause actual results to differ materially from the results contemplated by the forward-looking statements. These risks and uncertainties include (a) the potential adverse effects of (i) the ongoing global COVID-19 pandemic, including actions taken to contain or treat COVID-19, and (ii) the geopolitical instability due to the ongoing military conflict between Russia and Ukraine, including related sanctions and other penalties imposed by the U.S. and European Union, and other countries, as well as other public and private actors and companies, on RTL, RTL's tenants and the global economy and financial markets, and (b) that any potential future acquisition including the remaining property in the CIM portfolio is subject to market conditions and capital availability and may not be identified or completed on favorable terms, or at all, as well as those set forth in the Risk Factors section of RTL's most recent Annual Report on Form 10-K for the year ended December 31, 2021 filed on February 24, 2022, and all other filings with the SEC after that date, as such risks, uncertainties and other important factors may be updated from time to time in RTL's subsequent reports. Further, forward-looking statements speak only as of the date they are made, and RTL undertakes no obligation to update or revise any forward-looking statement to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time, unless required by law.
Contacts:
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SOURCE The Necessity Retail REIT, Inc. | https://www.wibw.com/prnewswire/2022/07/01/necessity-retail-reit-announces-common-stock-dividend-third-quarter-2022/ | 2022-07-01T11:21:39Z |
LOS ANGELES , April 20, 2022 /PRNewswire/ -- DFND, a leading compression and apparel brand designed for the military, firefighters, first responders and pro athletes, now available to athletes everywhere, has partnered with Hologenix®, creators of CELLIANT® to introduce a line of unisex sleepwear: DFND REST. Designed for the "warrior athlete," the revolutionary sleepwear is powered by DFND X CELLIANT®, the trailblazer in bio-responsive infrared textiles.
Both DFND and Hologenix are focused on increasing recovery and enhancing performance for the human body, so the partnership couldn't be more ideal. CELLIANT's science-backed infrared (IR) technology is a natural blend of bioceramics that allows textiles to capture and convert body heat into infrared energy. DFND REST powered by CELLIANT notes that it is "clinically proven to enhance tissue oxygen levels to help your body be at its best."
DFND REST powered by CELLIANT includes three unisex designs in two colors each, Tan and Heather Grey: IR Short Sleeve V-Neck Shirt; IR Long Sleeve V-Neck Shirt and IR Sleepwear Long John; and two designs in Black: IR Recover RX Hood; IR Recover RX Jogger.
DFND REST, like all DFND products, is designed, tested and made in the USA. CELLIANT's proprietary mineral formula is processed and manufactured in the USA.
DFND REST will be featured at the following upcoming shows: the Holistic Health and Fitness (H2F) Exposition and Industry Day, April 26 to 27 at Fort Eustis; Warrior West, April 27 to 28 at the San Diego Convention Center; Modern Day Marine, May 10 to 12, Washington, D.C.; The Human Performance & Biosystems Summit, June 29 to 30 at National Harbor, Maryland; National Guard Conference & Exhibition, August 26 to 29, Columbus, Ohio; and AUSA, October 10 to 12, Washington, D.C.
"CELLIANT is specially engineered to enhance sleep, rest and recovery, and the partnership with DFND strongly reinforces our brand values," said Seth Casden, Hologenix Co-Founder and CEO. "We are very excited about this product launch."
"With sleep and rest being so critical to the core components of performance and recovery, DFND is proud to partner with Hologenix on its industry-leading, science-backed CELLIANT technology to bring this product to the market to make an impact in the lives of soldiers and athletes alike," concluded DFND President Steve Burnett. "Improved sleep is needed for both physical and mental health, and we are pleased to present these products at our upcoming shows where rest and recovery are key components of our brand pillars."
For more information or to purchase DFND X CELLIANT Sleepwear visit: https://dfndusa.com/collections/rest-sleep
About Hologenix and CELLIANT
Hologenix, LLC, headquartered in Pacific Palisades, California, is a materials science company innovating products that energize all aspects of life. Its flagship product, CELLIANT®, is a science-backed infrared (IR) technology that improves health and wellness by promoting restful sleep and enhancing performance and recovery. CELLIANT's natural blend of IR-generating minerals is embedded into fibers, yarns and fabrics, powering bio-responsive textiles. CELLIANT is a key ingredient used by world-class brands in products spanning apparel, sleepwear, bedding, upholstery, uniforms and medical supplies.
CELLIANT is rigorously tested by a Science Advisory Board composed of experts in photobiology, nanotechnology, sleep medicine, and diabetes and wound care. The Science Advisory Board has overseen nine peer-reviewed published studies that demonstrate CELLIANT's effectiveness and the benefits of infrared energy. For more information, visit celliant.com.
About DFND
Started in 2015, DFND (pronounced "de-fend") is the brainchild of two industry veterans whose aim was to bring quality performance apparel to the people who needed it most, our U.S. Military and First Responders. Proudly specializing in developing products that maximize human performance, DFND currently offers a Graduated Compression for Injury Prevention, Training, and Recovery, a complete line of Training Gear and a specialized Fire Resistant (FR) line. Every item that DFND offers is 100% Made in USA and 100% Berry Compliant, and is uniquely crafted to support the needs of athletes training at any level.
Since its initial launch, DFND has been adopted by the NBA, NFL, and over 100 NCAA D1 collegiate teams. In addition, individual Olympic athletes, as well as NHL, MLB, MMA, and other elite athletes around the world chose to train and recover in DFND products every day. For more information, visit dfndusa.com.
For images: https://spaces.hightail.com/space/4mSrP4znh7
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SOURCE Hologenix, LLC/DFND | https://www.mysuncoast.com/prnewswire/2022/04/20/dfnd-introduces-sleepwear-powered-by-celliant/ | 2022-04-20T16:36:59Z |
Austin’s assertion that US wants to ‘weaken’ Russia underlines Biden strategy shift
By Natasha Bertrand, Kylie Atwood, Kevin Liptak and Alex Marquardt, CNN
As Russia’s invasion of Ukraine has transformed into a grinding war of attrition with no meaningful peace deal in sight, the US and its allies have begun to convey a new, longer-term goal for the war: to defeat Russia so decisively on the battlefield that it will be deterred from launching such an attack ever again.
That message was delivered most clearly on Monday, when Secretary of Defense Lloyd Austin told reporters after a trip to Ukraine’s capital city of Kyiv that “we want to see Russia weakened to the degree that it can’t do the kinds of things that it has done in invading Ukraine.”
A National Security Council spokesperson said that Austin’s comments were consistent with what the US’ goals have been for months — namely, “to make this invasion a strategic failure for Russia.”
“We want Ukraine to win,” the spokesperson added. “One of our goals has been to limit Russia’s ability to do something like this again, as Secretary Austin said. That’s why we are arming the Ukrainians with weapons and equipment to defend themselves from Russian attacks, and it’s why we are using sanctions and export controls that are directly targeted at Russia’s defense industry to undercut Russia’s economic and military power to threaten and attack its neighbors.”
US officials traveling with Austin said that the message is one that he planned to reiterate, according to a senior administration official. Russia coming out of the conflict weaker than before is an idea that other Biden administration officials have referenced. US officials, however, had previously been reluctant to state as plainly that the US’ goal is to see Russia fail, and be militarily neutered in the long term, remaining cautiously optimistic that some kind of negotiated settlement could be reached.
One eastern European official told CNN that mentality was incredibly frustrating. “The only solution to this is for Ukraine to win,” he said.
The shift in strategy has come about over the past few weeks, evidenced by a growing tolerance for increased risk with the more complex, western weaponry being sent in, and is a reflection of the belief that Putin’s goals in Ukraine would not end if he manages to seize part of Ukraine, as they didn’t after the 2014 annexation of Crimea, a British diplomat said.
“Even if they come up with some fix where (Putin) gets a bit of the Donbas and it all goes dormant, logic would dictate there’s more road to run in this. So therefore what you can take off the battlefield in this window is not only a short-term win it’s also a longer term strategy as well.”
Now, there is a growing realization among US and Western officials — especially after the Russians’ massacre of civilians in the Ukrainian town of Bucha — that Russia needs to be hurt so much economically and on the battlefield that its aggression is stopped for good, US and Western officials told CNN.
“So it has already lost a lot of military capability,” Austin said. “And a lot of its troops, quite frankly. And we want to see them not have the capability to very quickly reproduce that capability.”
Biden administration officials are optimistic that that is an achievable goal, sources told CNN. Administration officials and congressional sources said they believe that the continued military support to Ukraine could result in significant blows to Russia that will impair their long-term military capabilities, strategically benefiting the US.
Already, the US has begun to send heavier and more sophisticated equipment to Ukraine that it had refrained from providing in the past, including 72 howitzers and Phoenix Ghost tactical drones.
“The way we are looking at this is that it’s making an investment to neuter the Russian army and navy for next decade,” said a congressional source familiar with the ongoing military assistance to Ukraine.
White House press secretary Jen Psaki told reporters on Monday that while “obviously right now the war is in Ukraine,” the US and its allies are “are also looking to prevent (Russia) from expanding their efforts and President Putin’s objectives beyond that too.”
A delicate ‘balancing act’
Officials noted, though, that the US and its allies are carefully threading a needle when it comes to penalizing Russia — both because of the collateral damage harsh sanctions could have on the global economy, and because of the risk that Putin could lash out if he is backed too far into a corner.
A source familiar with the US’ intelligence assessments about Russia said “there is certainly a balancing act that needs to be taken into consideration” when punishing the country, “whether it’s in the sanctions space or in the military and intelligence support space.”
This person added that while the US still assesses that Putin’s red lines for use of nuclear weapons haven’t changed, “one of those red lines is regime stability,” they said — meaning that Putin could lash out if he feels his rule is seriously threatened.
A US official said separately that he believes Austin’s comments were not helpful for that reason, and because it could play into the Russian propaganda line that NATO and US support for Ukraine is a power play.
The goal is not to tell the Russians that “no matter what, the US and NATO are going to weaken you,” this official said, but rather that the West will aim to punish Russia as long as it is at war with Ukraine.
A State Department spokesperson said that the sanctions the US and its allies have put in place are “all in response to Putin’s war of aggression in Ukraine. They are intended to prevent Putin from buying more ammo, guns, missiles — to stop him from funding his war machine, to stop the killing. They are also intended to punish those who actively support Putin’s unprovoked, brutal war. This is not about harming the Russian people.”
It is still unclear what the US would do about the sanctions if Russia reached a meaningful peace deal with Ukraine and withdrew its forces. Multiple sources told CNN that in that scenario, the US would likely consider lifting some sanctions, in a show of good faith, while keeping others. The US and allies, including the UK, have also been weighing the feasibility of a “snapback” mechanism that would allow them to quickly reimpose the sanctions should Moscow violate any agreements reached with Kyiv, the sources said.
But with the conflict still raging and the prospects of a peace deal looking increasingly dim, those options are a very long way off from being implemented, officials said. Secretary of State Antony Blinken said in March that Russia’s change in behavior must be “irreversible” before the US considers lifting sanctions.
“They will want to make sure that anything that’s done is, in effect, irreversible, that this can’t happen again, that Russia won’t pick up and do exactly what it’s doing in a year or two years or three years,” Blinken said in an interview with NPR.
Shifting concerns about escalation
Russia’s poor performance and significant losses on the battlefield have contributed significantly to the US’ increasingly emboldened posture, officials said.
Whereas Washington had been previously concerned that sending heavy artillery might be viewed as a provocation, Biden has announced billions of dollars in new shipments of tanks, missiles and ammunition over the past month, an indication that some initial worries about escalating the conflict have waned.
The US is also preparing to train Ukraine’s armed forces on more state-of-the-art, NATO-capable weapons systems, Austin told reporters on Monday — a move that will allow the US and its allies to provide more powerful weapons to Ukraine more quickly, since those systems are more readily available than the Soviet-era equipment the west has had to scrounge for to date.
“There are a number of shifts happening simultaneously,” the British diplomat said. “One is looking at future capabilities and that’s related to the artillery and more modern weaponry. Two, let’s take out what’s on the battlefield.”
Biden himself has been steadily ratcheting up the rhetoric in describing Putin — going from calling him a war criminal to saying he cannot remain in power to accusing him of committing genocide — despite worries among some of his advisers the language could cause Putin to lash out.
But the President has downplayed those concerns in private, according to people familiar with the conversations, saying that articulating what is plainly evident is more important than risking possible escalation. And he has underscored that Russia’s military capabilities don’t appear as strong as the US once believed.
Ambassador Nathan Sales, who until 2021 served as acting under secretary for Civilian Security, Democracy, and Human Rights at the State Department, said the “bottom line” is that “a weaker Russia means a more stable world,” and that the US should prepare for its Russia policy
“As long as Putin is calling the shots, Russia is going to be a malign actor,” he said. “And so we can’t hope for Russia to be a constructive and responsible player in Europe or in the broader international system.” Sales added that the US should therefore prepare for “a prolonged period” of its Russia policy being aimed at limiting its ability “to cause mischief around the world.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/25/austins-assertion-that-us-wants-to-weaken-russia-underlines-biden-strategy-shift-2/ | 2022-04-26T02:18:25Z |
MIAMI GARDENS, Fla. (AP) — Iga Swiatek ended her journey to the women’s No. 1 ranking in fitting fashion.
Swiatek continued her searing start to 2022 on Saturday, beating Naomi Osaka 6-4, 6-0 to win the women’s title at the Miami Open and extend her winning streak to 17 matches.
Swiatek, who will replace the now-retired Ashleigh Barty at No. 1 in the women’s rankings officially when the points are updated Monday, also completed the so-called Sunshine Double — winning both Indian Wells and Miami. She’s the fourth woman to do so, joining Victoria Azarenka (2016), Kim Clijsters (2005) and Steffi Graf (1994 and 1996).
“This tournament has so much energy,” Swiatek said.
Swiatek’s homeland is Poland, which has seen more than 2 million people enter from war-torn Ukraine in recent weeks. Swiatek took a moment during her trophy ceremony to acknowledge that those refugees are on her mind.
“As I was doing in my previous speeches at Doha and Indian Wells, I want to say to Ukraine to stay strong,” Swiatek said. “Everything’s going to get better.”
Swiatek broke Osaka for a 3-2 lead in the first set, hanging on from there to win a 52-minute slugfest that saw the opening game — on Osaka’s serve — feature seven deuces and go for 10 minutes.
The second set was a completely different story. Break, hold, break, hold, break, hold and that was that, as Swiatek finished off her ninth consecutive straight-sets victory. It was her third title of 2022 and her sixth consecutive win in a final, a streak that started at the delayed French Open in 2020.
Swiatek, who never faced a single break point, earned $1,231,245 for the win. Osaka earned $646,110 for making the final.
Osaka came into the tournament ranked No. 77 in the world, though certainly didn’t play like there are 76 better women out there on tour right now — beating seeded players in Angelique Kerber, Danielle Collins and Belinda Bencic on her way to the final.
Osaka was as high as No. 13 earlier this year, saw her ranking take a huge hit when she was knocked out early from the Australian Open, and will likely rise to No. 36 when the numbers are officially updated Monday.
Miami was her first final since winning the 2021 Australian Open.
“It makes me feel so good, makes so many feel so good, to see you happy on the court again,” tournament director James Blake told Osaka during the trophy ceremony.
As the cheers from fans got louder after Blake said that, Osaka eventually broke into a wide smile.
Osaka has openly talked about struggling with depression and working on her mental health since winning the 2018 U.S. Open over Serena Williams. She withdrew from last year’s French Open, left last year’s U.S. Open in tears and was brought to tears again by the comment from a spectator at Indian Wells last month.
But in Miami, it was all happiness.
“I want to dedicate this one to all the people that support me, my fans,” Osaka said as she held the crystal runner-up trophy. “I know I haven’t been in this position for a little minute. I know this isn’t the outcome you guys wanted, but I’m having fun up here.”
Swiatek also had kind words for Osaka after the match: “This sport is better with you,” the soon-to-be women’s No. 1 told the former women’s No. 1.
Swiatek would still be No. 2 in the rankings if Barty hadn’t retired or hadn’t asked to be removed from the list. But the gap between 1 and 2 in that scenario would have been much closer — Barty led by Swiatek by 2,204 points when the Miami Open began and would have seen that margin sliced down to 269 points on Monday.
The men’s final in Miami is Sunday when No. 6 seed Casper Ruud will face No. 14 Carlos Alcaraz.
___
More AP tennis: https://apnews.com/hub/tennis and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/shes-no-1-swiatek-downs-osaka-6-4-6-0-to-win-miami-open/ | 2022-04-03T18:43:11Z |
Shining and Exuding Unique Charm in the International Jewelry Hall
HONG KONG, June 13, 2022 /PRNewswire/ -- LUSANT, a fashionable and diversified diamond brand, appeared at JCK Las Vegas, one of the most prestigious international jewelry events. LUSANT presented its brand image and technological prowess at JCK through a variety of jewelry pieces with distinctive brand features, deepening consumers' awareness and understanding of the brand.
Joining the International Jewelry Exhibition and Setting the Stage Ablaze
The JCK Las Vegas International Jewelry Exhibition is a large jewelry industry event with a worldwide presence and is one of the top three jewelry shows in the world, along with Vicenzaoro and Baselworld. JCK Las Vegas brings together internationally renowned jewelry brands and attracts professional buyers and jewelry insiders from all over the world, providing a mutually beneficial platform for jewelers to expand their global business, build their brand awareness and seek international cooperation.
LUSANT has chosen this year's JCK Las Vegas event as an opportunity to present its brand on an international platform, with the aim of expressing its diverse, trendy, and fashionable LUSANT attributes through displaying on this event which has a strong global influence in jewelry industry. With unwavering quality standards, LUSANT pours cutting-edge creativity, exquisite craftsmanship, and technical know-how into the creation of colorful and gorgeous lab grown diamond jewelry. Its unique "starburst cut" technique shines a light through the stone in all facets. LUSANT's holistic brand presentation at the show not only provides an opportunity for jewelers, enthusiasts, and collectors from all over the world to gain an in-depth understanding of LUSANT's brand philosophy and design concepts, but also highlights into LUSANT's high quality requirements as a fashion brand in the jewelry making process and its constant pursuit of advanced technology in the lab-grown diamond field.
Born as Stars with Extraordinarily Rich Heritage
"LUSANT" gets its name from the French word alluding to glow and shine. It is a lab-grown diamond brand under Yuyuan Jewelry and Fashion Group. As the mainstay of the jewelry and fashion business segment of Yuyuan Inc., Yuyuan Jewelry & Fashion Group actively leverages the strengths and strategic guidance of Yuyuan Inc. and establishes a multi-brand and differentiated development strategy in the jewelry and fashion segment by integrating and connecting online and offline resources. Through brand renewal and industrial upgrading, Yuyuan Inc. has grown to be more fashionable, diversified and international.
With the concept of "Born to be Different", LUSANT is committed to breaking the limits of the traditional diamond industry by simulating the environment of natural diamonds and producing high-quality lab-grown diamonds and providing diversified and personalized options for consumers by creating artfully designed pieces of jewelry.
LUSANT showcased a wide range of exquisite diamond jewelry from different collections at the exhibit. The most eye-catching pieces were the pink diamonds from the brand's iconic La Voyageur de la Galaxie collection, which drew a lot of attentions. High-quality pink diamonds have always been rare in the jewelry market, and LUSANT grown the pink diamonds with the unique charm and glamour with its high technology, leaving guests in awe.
Brand Background of LUSANT
Founded in 1992, Fosun is a global innovation-driven consumer group dedicated to providing high-quality products and services for families around the world in Health, Happiness, Wealth and Intelligent Manufacturing segments.
As the flagship platform of Fosun's happiness segment, Yuyuan Inc. has formed a number of industrial clusters including jewelry and fashion, cultural business, cultural food and beverage, wine, Chinese medicine and healthcare, cosmetics, pet health, watches, fashion apparel, and cultural creativity. It has 18 time-honored Chinese brands and a host of leading brands in China, as well as a number of globally-renowned brands. The company is actively promoting integrated industrial development through investments and M&As, as part of its efforts to help achieve comprehensive industrial upgrades. Yuyuan Inc. aims to be a global leading happiness and fashion group, focusing on the establishment of family customers' happiness and fashion consumption, while interpreting classical elements with modern fashion and leading the rejuvenation of Chinese culture.
Yuyuan Jewelry & Fashion Group has already built successful gold jewelry brands such as LAO MIAO Jewelry and YAYI Jewelry; in March 2020, it acquired the French designer jewelry brand "DJULA" to reach out to young customers; in July 2020, it established a joint venture with the Italian jewelry group "Damiani Group" to acquire the exclusive distribution rights of the Italian jewelry brand "Damiani" and the premium jewelry brand "Salvini" in Greater China, further expanding the brand presence of Yuyuan Jewelry & Fashion Group; in August 2021, Yuyuan Jewelry & Fashion Group officially launched LUSANT, a lab-grown diamond brand, reaching out to young people with stylish designs and jewelry pieces celebrating the independence and confidence of modern women. With "FANCY CUT, FANCY COLOR, FANCY LIFE" as the brand DNA, LUSANT creates exquisite and stylish diamond jewelry pieces, interprets the brand concept of "Born to be Different" with a strong brand core, and conveys a diversified, independent, and confident lifestyle.
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SOURCE Fosun | https://www.mysuncoast.com/prnewswire/2022/06/14/lusant-debuts-2022-jck-international-jewelry-show-las-vegas-usa/ | 2022-06-14T04:19:23Z |
MEDFORD, Ore., Apr. 6, 2022 /PRNewswire/ -- Lithia & Driveway (NYSE: LAD) announced its first quarter 2022 earnings will be released before the market opens on Wednesday, April 20, 2022. A conference call to discuss the earnings results is scheduled for the same day at 10:00 a.m. Eastern Time.
How to Participate
The conference call may be accessed by telephone at (877) 407-8029. To listen live on our website or for replay, visit investors.lithiadriveway.com and click on quarterly earnings.
About Lithia & Driveway (LAD):
LAD is a growth company focused on profitably consolidating the largest retail sector in North America through providing personal transportation solutions wherever, whenever, and however consumers desire.
Sites
www.lithia.com
investors.lithiadriveway.com
www.lithiacareers.com
www.driveway.com
www.greencars.com
www.drivewayfinancecorp.com
Lithia & Driveway on Facebook
https://www.facebook.com/LithiaMotors
https://www.facebook.com/DrivewayHQ
Lithia & Driveway on Twitter
https://twitter.com/lithiamotors
https://twitter.com/DrivewayHQ
https://twitter.com/GreenCarsHQ
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SOURCE Lithia Motors, Inc. | https://www.kxii.com/prnewswire/2022/04/06/lithia-amp-driveway-lad-schedules-release-first-quarter-2022-results/ | 2022-04-06T10:05:47Z |
CDC launches new forecasting center for infectious diseases
(AP) – A new U.S. government center aims to become the National Weather Service for infectious diseases — an early warning system to help guide the response to COVID-19 and future pandemics.
The new Center for Forecasting and Outbreak Analytics launched Tuesday. Its leaders say predicting the course of the COVID-19 pandemic in the U.S. has been hampered by data-collection problems.
In contrast, the United Kingdom uses regular population sampling with swab tests and blood draws to get a clearer picture of who’s been infected, said Marc Lipsitch, the new center’s science director. He said similar sampling should be considered in the U.S.
And the Centers for Disease Control and Prevention needs to have better access to data from state governments and hospitals, said Caitlin Rivers, the center’s associate director.
The CDC has been granted temporary authority for COVID-19 data collection, but the agency broadly relies on voluntary reporting and complex data agreements with states, Rivers said.
The center is housed at the CDC. Its initial $200 million in funding came from the 2021 coronavirus relief package. The center has awarded $21 million to academic institutions to develop modeling and forecasting methods.
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/19/cdc-launches-new-forecasting-center-infectious-diseases/ | 2022-04-21T07:50:15Z |
CARLSBAD, Calif., Sept. 8, 2022 /PRNewswire/ -- Emerge Diagnostics Inc. has been issued an international patent using the EFA: Method for Determining if Surgically-Implanted Hardware Should be Removed.
The patent adds to Emerge's deep intellectual property portfolio and is focused on addressing the use of their EFA technology at the site of hardware implementation to ascertain if surgical removal is necessary. The patent was co-authored by Phil Reaston, CTO, Co-Founder Emerge Diagnostics, MaryRose Cusimano-Reaston, Ph.D. CSO, COO, Co-Founder Emerged Diagnostics, Frank Tomecek, MD, Associate Medical Director, Emerge Diagnostics.
The company's technology allows surgeons to more objectively determine if spinal hardware needs to be removed, reducing the number of second surgeries and improving patient outcomes. "This is an important milestone for Emerge Diagnostics," said Co-Founder, COO Dr. Cusimano-Reaston "We're committed to bringing our patients the best possible care, and this technology will help us do just that."
This patent can revolutionize how we treat patients with surgically implanted hardware, by providing objective information that can help surgeons determine if implants are still needed or if they can be safely removed. The technology has the potential to change the standard of care for these patients, and reflects our commitment to better outcomes for all.
Today's announcement is a compliment to Emerge's portfolio of health solutions offering 360° care to employees, and their family members. Emerge Wellness solutions include preventative care for employees and their families and a now a first of its kind patent for determining if surgically-implanted hardware should be removed.
Musculoskeletal conditions are the leading healthcare cost for employees, their family members, health plans and employers. The system is over prescribing painkillers and elective surgeries, while failing to provide preventative care or non-surgical solutions. Reducing waste and improving outcomes is important for everyone.
Emerge Diagnostics, a medical solutions company committed to keeping workers and their families safe—both on the job and off—by preventing injury and orchestrating recovery.
The company's Electrodiagnostic Functional Assessment (EFA) technology is the gold standard for soft-tissue injury diagnosis and treatment, using a host of proprietary technologies to assess root causes—and from virtually anywhere in the world. Emerge Diagnostics serves clients in several industries, including trucking, healthcare and sports, providing the information necessary to treat soft-tissue injuries more accurately and build care management and monitoring programs rooted in objective data: www.emergedx.com.
If you have any questions or would like more information, please contact us at mreaston@emergedx.com.
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SOURCE Emerge Diagnostics | https://www.wibw.com/prnewswire/2022/09/08/emerge-diagnostics-receives-international-patent-hardware-removal-surgery-technology/ | 2022-09-08T11:03:16Z |
ENA's official peer-reviewed journal recognizes outstanding authors, reviewers
SCHAUMBURG, Ill., July 27, 2022 /PRNewswire/ -- The Emergency Nurses Association recognized on Wednesday the recipients of the annual Journal of Emergency Nursing Awards which include Reviewer of the Year and Author of the Year. JEN is ENA's peer-reviewed journal that features original research and updates from the emergency nursing field, while also covering practice and professional issues. Nearly 50,000 ENA members receive the journal.
"The JEN Author and Reviewer of the Year Awards represent much more than just industry knowledge," says JEN Interim Editor-in-Chief Gordon Gillespie, PhD, DNP, RN, CEN, CNE, CPEN, PHCNS-BC, FAEN, FAAN. "These individuals have made significant contributions to the community of emergency nursing by being innovative, steadfast, and engaging while working to move the profession forward."
The 2022 JEN Authors of the Year are Amber Adams, DNP, RN, CEN, and Melissa Thompson, APRN, FNP-C, both of Texas, for their article: "Cesarean Scar Ectopic Pregnancy: A Case Report," which appeared in the September 2021 issue of JEN. This award recognizes studies that feature content relevant to current emergency nursing practice, demonstrate original thinking and excellence in writing and stimulate, inspire, and hold the readers' interest.
The 2022 JEN Reviewer of the Year Award acknowledges the body of work of an individual reviewer(s) who exemplify dependability, timeliness, knowledge about topics, and provide in-depth, constructive feedback to authors on a consistent basis. Two individuals have been awarded the honor this year and they are Paul Clark, PhD, RN, MA, of Kentucky, and Peter Huggard JP, EdD, MEd, MPH, of New Zealand.
"The Journal would not be the premier publication it is today without the many committed authors and reviewers. The time and knowledge this year's honorees have put into their work is inspiring and ENA is proud to have such steadfast members who are dedicated to improving this profession through research," said ENA President Jenn Schmitz, MSN, EMT-P, CEN, CPEN, CNML, FNP-C, NE-BC.
The 2022 Journal of Emergency Nursing Award recipients will be recognized in September during Emergency Nursing 2022 in Denver.
About the Emergency Nurses Association
The Emergency Nurses Association is the premier professional nursing association dedicated to defining the future of emergency nursing through advocacy, education, research, innovation, and leadership. Founded in 1970, ENA has proven to be an indispensable resource to the global emergency nursing community. With 50,000 members worldwide, ENA advocates for patient safety, develops industry-leading practice standards and guidelines and guides emergency health care public policy. ENA members have expertise in triage, patient care, disaster preparedness, and all aspects of emergency care. Additional information is available at www.ena.org.
ENA Media Contact:
Morgan Wietecha
Media Relations Strategist
847-460-4038
morgan.wietecha@ena.org
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SOURCE Emergency Nurses Association | https://www.mysuncoast.com/prnewswire/2022/07/27/four-individuals-honored-with-journal-emergency-nursing-awards/ | 2022-07-27T19:49:16Z |
Townes is "ideal leader to build the MLS of the future"
AUSTIN, Texas, April 11, 2022 /PRNewswire/ -- Remine, a full MLS solution that reimagines the digital real estate journey, and MLS Technology Holdings, LLC announced Frederick Townes as Remine's new chief executive officer, effective immediately.
"I am thrilled for the opportunity to lead Remine and grateful to our board of directors for entrusting me with this role," Townes said. "Throughout my career, I have enjoyed helping companies in this space evolve and flourish. Remine is well-positioned to take the next step, and I intend to help the company realize its potential."
Townes brings over 15 years of operational leadership to Remine from early-stage to late-stage real estate and technology companies, including as co-founder and CTO of NestReady, co-founder & COO of Placester, and founding CTO of Mashable. He has led six businesses to four acquisitions – twice with quarter-billion-dollar enterprise value – and is known for his talent for cultivating strong cultures and generating exponential business growth. Most recently, Townes served as chief product officer of Ready Education, where he tripled the enterprise value of the EdTech company within two years.
"This hiring marks the start of a new chapter for Remine," Emily Chenevert, chair of MLS Technology Holdings, LLC, said. "Frederick's impressive background in PropTech and technology companies at all stages of growth, combined with his deep knowledge of product and go-to-market strategies, makes him the ideal leader to build the MLS of the future through Remine's superior platform and technology."
In October 2021, Remine was acquired by MLS Technology Holdings, LLC, a collaborative of four progressive MLSs across the U.S. – ACTRIS MLS in Austin, First Multiple Listing Service in Atlanta, Heartland MLS in Kansas City, MO, and MIAMI REALTORS®. Co-founder Jonathan Spinetto will continue in his role of chief operating officer of Remine.
"I am eager to work alongside Frederick as Remine transitions into its next stage of growth and builds on the substantial strides our team has made to date," Spinetto said. "Since day one, Remine has been focused on transforming the homebuying experience by empowering agents and brokers with powerful data analytics on a superior platform. I am confident Frederick's leadership will continue to guide our team towards being the industry-leading full MLS solution."
A serial entrepreneur and technologist, Townes is adept at connecting bold visions with actionable strategies.
"I strive to be a leader that approaches challenges thoughtfully while measuring twice and cutting once," Townes said. "I pride myself on remaining calm, cool, and collected in times of disruption. and I am confident that my leadership style will greatly benefit this fast-growing PropTech company in a rapidly evolving industry."
Originally from Milwaukee, Wisconsin, Townes graduated from Boston University with a B.A. in Computer Science. His first startup, W3 EDGE, created a highly successful open-source project that increased website speeds tenfold for 40% of the web. He recently relocated from Montreal, Canada, to Austin, Texas, with his partner and infant daughter.
About Remine
Remine is a full MLS solution that reimagines the digital real estate journey. Remine partners with MLSs and Associations across North America to deliver modern real estate technology that creates transparency in the real estate transaction and inspires trust between real estate agents and the consumers they serve. Remine currently serves nearly 60 MLS markets representing over 1.2 million real estate professionals across the country. For more information, visit info.remine.com.
About MLS Technology Holdings, LLC
MLS Technology Holdings, LLC is an MLS-driven collaborative dedicated to powering the next generation of technology for MLSs by MLSs through strategic acquisitions and investments. MLS Technology Holdings, LLC is the owner of Remine, a full MLS solution that reimagines the digital real estate journey. Remine currently serves nearly 60 MLS markets representing over 1.2 million real estate professionals across the country.
Together, MLS Technology Holdings, LLC's partnerships and solutions keep brokers and agents at the center of the real estate transaction, for the benefit of the consumers they serve. For more information, visit ABetterMLS.com.
Media Contact
MLS Technology Holdings, LLC
Walt Zaykowski, ECPR
202.503.5108
Remine
Dorothy Lewis
972.349.0918
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SOURCE Remine | https://www.kxii.com/prnewswire/2022/04/11/remine-names-experienced-real-estate-technology-leader-frederick-townes-chief-executive-officer/ | 2022-04-11T16:19:54Z |
Published: Jul. 21, 2022 at 5:30 AM CDT|Updated: 53 minutes ago
DOWNERS GROVE, Ill., July 21, 2022 /PRNewswire/ -- Dover (NYSE: DOV), a diversified global manufacturer, announced its financial results for the second quarter ended June 30, 2022.
For the quarter ended June 30, 2022, Dover generated revenue of $2.2 billion, an increase of 6% (+7% organic) compared to the second quarter of the prior year. GAAP net earnings of $290 million increased 9%, and GAAP diluted EPS of $2.00 was up 10%. On an adjusted basis, net earnings of $309 million increased 3% and adjusted diluted EPS of $2.14 was up 4% versus the comparable quarter of the prior year.
For the six months ended June 30, 2022, Dover generated revenue of $4.2 billion, an increase of 8% (+8%% organic) compared to the comparable period of the prior year. GAAP net earnings of $516 million increased 4%, and GAAP diluted EPS of $3.56 was also up 4% year-over-year. On an adjusted basis, net earnings of $585 million increased 4%, and adjusted diluted EPS of $4.03 was also up 4% versus the comparable period of the prior year.
A full reconciliation between GAAP and adjusted measures and definitions of non-GAAP and other performance measures are included as an exhibit herein.
MANAGEMENT COMMENTARY:
Dover's President and Chief Executive Officer, Richard J. Tobin, said, "Our team delivered a strong second quarter performance which led to record quarterly revenue and sequential and year-over-year earnings growth, despite a difficult operating environment and significant foreign currency headwinds. Our backlog remains at a historically high level, providing a good line of sight for operational execution while new order bookings normalize as our lead times improve.
"Input shortages and the COVID-19 lockdowns in China negatively impacted shipment volumes and fixed cost absorption across multiple businesses. Despite these headwinds, our operating margin improved sequentially in the quarter, driven by cost controls, overall strong volume and meaningfully improving price-cost dynamics, which we expect to drive profitability in the second half of the year.
"Our strong balance sheet supports our disciplined capital allocation initiatives. We are investing in capacity expansions and productivity improvements across many operating companies to capture secular revenue growth opportunities and continue driving efficiencies. The recently-announced Malema acquisition closed on July 1 and we continue our pursuit of attractive bolt-on acquisitions. We also repurchased $85 million of our common stock in the second quarter and will continue to proactively evaluate various capital deployment alternatives through the remainder of the year.
"Our strong backlog, constructive demand and execution playbook tailored to various operating scenarios position us well to deliver revenue and earnings growth amidst continuing economic uncertainty. We are maintaining our 2022 adjusted full-year guidance."
FULL YEAR 2022 GUIDANCE:
In 2022, Dover expects to generate GAAP EPS in the range of $7.44 to $7.64 (adjusted EPS of $8.45 to $8.65), based on full year revenue growth of 8% to 10% (8% to 10% on an organic basis).
CONFERENCE CALL INFORMATION:
Dover will host a webcast and conference call to discuss its second quarter and year-to-date 2022 results at 9:00 A.M. Eastern Time (8:00 A.M. Central Time) on Thursday, July 21, 2022. The webcast can be accessed on the Dover website at dovercorporation.com. The conference call will also be made available for replay on the website. Additional information on Dover's second quarter results and its operating segments can be found on the Company's website.
ABOUT DOVER:
Dover is a diversified global manufacturer and solutions provider with annual revenue of approximately $8 billion. We deliver innovative equipment and components, consumable supplies, aftermarket parts, software and digital solutions, and support services through five operating segments: Engineered Products, Clean Energy & Fueling, Imaging & Identification, Pumps & Process Solutions and Climate & Sustainability Technologies. Dover combines global scale with operational agility to lead the markets we serve. Recognized for our entrepreneurial approach for over 65 years, our team of over 25,000 employees takes an ownership mindset, collaborating with customers to redefine what's possible. Headquartered in Downers Grove, Illinois, Dover trades on the New York Stock Exchange under "DOV." Additional information is available at dovercorporation.com.
FORWARD-LOOKING STATEMENTS:
This press release contains "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended. All statements in this document other than statements of historical fact are statements that are, or could be deemed, "forward-looking" statements. Forward-looking statements are subject to numerous important risks, uncertainties, assumptions and other factors, some of which are beyond the Company's control. Factors that could cause actual results to differ materially from current expectations include, among other things, the impacts of COVID-19, or other future pandemics, on the global economy and on our customers, suppliers, employees, business and cash flows, supply chain constraints and labor shortages that could result in production stoppages, inflation in material input costs and freight logistics, other general economic conditions and conditions in the particular markets in which we operate, the impact on global or a regional economy due to the outbreak or escalation of hostilities or war, changes in customer demand and capital spending, competitive factors and pricing pressures, our ability to develop and launch new products in a cost-effective manner, our ability to realize synergies from newly acquired businesses, and our ability to derive expected benefits from restructuring, productivity initiatives and other cost reduction actions. For details on the risks and uncertainties that could cause our results to differ materially from the forward-looking statements contained herein, we refer you to the documents we file with the Securities and Exchange Commission, including our Annual Report on Form 10-K for the year ended December 31, 2021, and our Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. These documents are available from the Securities and Exchange Commission, and on our website, dovercorporation.com. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.
Non-GAAP Measures Definitions
In an effort to provide investors with additional information regarding our results as determined by GAAP, management also discloses non-GAAP information that management believes provides useful information to investors. Adjusted net earnings, adjusted diluted net earnings per share, total segment earnings, adjusted segment EBITDA, adjusted segment EBITDA margin, free cash flow, free cash flow as a percentage of revenue, free cash flow as a percentage of adjusted net earnings, and organic revenue growth are not financial measures under GAAP and should not be considered as a substitute for net earnings, diluted net earnings per share, cash flows from operating activities, or revenue as determined in accordance with GAAP, and they may not be comparable to similarly titled measures reported by other companies.
Adjusted net earnings represents net earnings adjusted for the effect of purchase accounting expenses, restructuring and other costs/benefits, Tax Cuts and Jobs Act, and gain/loss on dispositions. Purchase accounting expenses are primarily comprised of amortization of intangible assets and charges related to fair value step-ups for acquired inventory sold during the period. We exclude after-tax purchase accounting expenses because the amount and timing of such charges are significantly impacted by the timing, size, number and nature of the acquisitions the Company consummates. While we have a history of acquisition activity, our acquisitions do not happen in a predictive cycle. Exclusion of purchase accounting expenses facilitates more consistent comparisons of operating results over time. We believe it is important to understand that such intangible assets were recorded as part of purchase accounting and contribute to revenue generation. We exclude the other items because they occur for reasons that may be unrelated to the Company's commercial performance during the period and/or management believes they are not indicative of the Company's ongoing operating costs or gains in a given period.
Adjusted diluted net earnings per share or adjusted earnings per share represents diluted EPS adjusted for the effect of purchase accounting expenses, restructuring and other costs/benefits, Tax Cuts and Jobs Act, and gain/loss on dispositions.
Total segment earnings is defined as the sum of earnings before purchase accounting expenses, restructuring and other costs/benefits, gain/loss on dispositions, corporate expenses/other, interest expense, interest income and provision for income taxes for all segments. Total segment earnings margin is defined as total segment earnings divided by revenue.
Adjusted segment EBITDA is defined as segment earnings plus other depreciation and amortization expense, which relates to property, plant, and equipment and intangibles, and excludes amounts related to purchase accounting expenses and restructuring and other costs. Adjusted segment EBITDA margin is defined as adjusted segment EBITDA divided by revenue.
Management believes the non-GAAP measures above are useful to investors to better understand the Company's ongoing profitability as they will better reflect the Company's core operating results, offer more transparency and facilitate easier comparability to prior and future periods and to its peers.
Free cash flow represents net cash provided by operating activities minus capital expenditures. Free cash flow as a percentage of revenue equals free cash flow divided by revenue. Free cash flow as a percentage of adjusted net earnings equals free cash flow divided by adjusted net earnings. Management believes that free cash flow and free cash flow ratios are important measures of performance because it provides management and investors a measurement of cash generated from operations that is available for mandatory payment obligations and investment opportunities, such as funding acquisitions, paying dividends, repaying debt and repurchasing our common stock.
Management believes that reporting organic revenue growth, which excludes the impact of foreign currency exchange rates and the impact of acquisitions and dispositions, provides a useful comparison of our revenue and bookings performance and trends between periods. We do not provide a reconciliation of forward-looking organic revenue to the most directly comparable GAAP financial measure because we are not able to provide a meaningful or accurate compilation of reconciling items. This is due to the inherent difficulty in accurately forecasting the timing and amounts of the items that would be excluded from the most directly comparable GAAP financial measure or are out of our control. For the same reasons, we are unable to address the probable significance of unavailable information which may be material.
Performance Measures Definitions
Bookings represent total orders received from customers in the current reporting period. This metric is an important measure of performance and an indicator of revenue order trends.
Organic bookings represent total orders received from customers in the current reporting period excluding the impact of foreign currency exchange rates and the impact of acquisition and dispositions. This metric is an important measure of performance and an indicator of revenue order trends.
Backlog represents an estimate of the total remaining bookings at a point in time for which performance obligations have not yet have satisfied. This metric is useful as it represents the aggregate amount we expect to recognize as revenue in the future.
We use the above operational metrics in monitoring the performance of the business. We believe the operational metrics are useful to investors and other users of our financial information in assessing the performance of our segments.
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/2022/07/21/dover-reports-second-quarter-2022-results/ | 2022-07-21T11:23:23Z |
FARMINGTON, Conn., April 21, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (NASDAQ: HRZN) ("Horizon"), a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries, announced today it closed a venture loan facility to Native Microbials, Inc. ("Native Microbials").
Native Microbials discovers, develops, and commercializes next generation microbial solutions for animals covering both companion and livestock species. The company's products are undergoing rapid growth as farmers and pet owners alike increasingly look to implement more effective and reliable microbial solutions into their animal management programs. The loan proceeds will primarily be used to optimize operations, including expanding manufacturing capabilities, strengthening the product supply chain and enhancing customer services.
"Animal health and nutrition is obtaining a considerable boost from Native Microbials," said Gerald A. Michaud, President of Horizon. "The company's technology platform makes it possible to develop truly innovative and beneficial microbial products that improve the health, productivity and sustainability of animals at a level not previously observed in animal health and nutrition. We believe the market opportunity for Native Microbials is vast and we are pleased to support the company's growth initiatives."
"We are very excited by the opportunity ahead of us and very much appreciate Horizon's support," said Mike Seely, co-founder and CEO of Native Microbials. "Our products enable animals to be more productive, efficient, and sustainable which in turn benefits all of us. Being able to better serve our rapidly growing customer base and expand operational capabilities in manufacturing and supply chain at this stage in our journey is critical. Horizon's support will help Native and our customers as we grow."
About Horizon Technology Finance
Horizon Technology Finance Corporation (NASDAQ: HRZN) is a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries. The investment objective of HRZN is to maximize its investment portfolio's return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Horizon Technology Finance Management LLC is headquartered in Farmington, Connecticut, with a regional office in Pleasanton, California, and investment professionals located in Portland, Maine, Austin, Texas, and Reston, Virginia. To learn more, please visit horizontechfinance.com.
About Native Microbials
Native Microbials harnesses the power of the native microbiome to improve animal health, productivity and sustainability. The company uses advanced microbiology and data science methods to develop next-generation microbial products for a variety of animal species. Headquartered in San Diego, Native Microbials maintains multiple field and production operations worldwide. Please visit NativeMicrobials.com to learn more.
Forward-Looking Statements
Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in the Company's filings with the Securities and Exchange Commission. Horizon undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Contacts:
Investor Relations:
ICR
Garrett Edson
ir@horizontechfinance.com
(860) 284-6450
Media Relations:
ICR
Chris Gillick
HorizonPR@icrinc.com
(646) 677-1819
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SOURCE Horizon Technology Finance Corporation | https://www.mysuncoast.com/prnewswire/2022/04/21/horizon-technology-finance-leads-venture-loan-facility-native-microbials/ | 2022-04-21T21:36:03Z |
Two major insurance companies terminated their relationships with a Maine insurance agency after it allegedly displayed a racist sign about the Juneteenth holiday earlier this week.
Photos taken Monday, which CNN has obtained, show a sign taped to the inside window of the Harry E. Reed Insurance agency in Millinocket, Maine.
"Juneteenth ~it's whatever... We're closed. Enjoy your fried chicken & collard greens," the sign said.
According to CNN affiliate WGME, the person who says they posted the sign issued an apology on Facebook, writing in part on the company's page: "I am so sorry for any pain I have caused and the negative attention it has brought to our beautiful community."
CNN has seen the Facebook post and reached out to the individuals listed as the owners of the insurance company as well as the person who says they posted the apology.
Progressive is "aware and appalled" by the sign recently posted at the Harry E Reed Agency, spokesman Jeff Sibel said in a statement to CNN.
"At Progressive, Diversity, Equity and Inclusion (DEI) are fundamental to our Core Values. We're committed to creating an environment where our people feel welcomed, valued and respected and expect that anyone representing Progressive to take part in this commitment," according to the statement. "The sign is in direct violation of that commitment and doesn't align with our company's Core Values and Code of Conduct."
In an email statement to CNN, Allstate said, "We are terminating our contract with this independent agent. Our commitment to Inclusive Diversity and Equity is non-negotiable and we take action when individuals violate our code of conduct."
Millinocket Town Council Chair Steve Golieb expressed disappointment about the sign in a statement on Facebook.
"It is deeply saddening, disgraceful and unacceptable for any person, business, or organization to attempt to make light of Juneteenth and what it represents for millions of slaves and their living descendants," Golieb said in the statement. "There is no place in the town of Millinocket for such a blatant disregard of human decency."
Millinocket has about 4,000 residents and is about three hours north of Portland.
The COVID-19 pandemic brought into focus an indisputable fact: access to quality internet service is key to full participation in society and the economy. But inequitable access to high-speed internet has been an issue for much longer than the last two years. Policymakers and business leader… Click for more.
CNN's Emily Chang, Julie In and Justin Gamble contributed to this report.
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NASHVILLE, Tenn., Sept. 6, 2022 /PRNewswire/ -- TIAA has teamed up with Girls in Tech (GIT), a global nonprofit with more than 100,000 members focused on closing the gender gap in technology careers.
"TIAA is committed to doing the hard work to understand the challenges and clear the path for women in tech," said Sastry Durvasula, Chief Information and Client Services Officer, and a board member for the nonprofit. "We're excited to collaborate with Girls in Tech to unlock opportunities for women in all stages of their STEM careers and empower them to reach their goals."
TIAA will collaborate with GIT throughout 2022 and 2023 for multiple initiatives including the GIT Hackathon, Startup Challenge, Digital Career Fair, Mentorship Program, Cybersecurity Webinars and the upcoming Girls in Tech conference.
"Joining forces with TIAA, a mission-driven organization with more than 100 years serving others, is an important milestone in our journey," said Adriana Gascoigne, Girls in Tech Founder and CEO. "This collaboration will elevate our positive impact in building the diverse and inclusive tech workforce the world needs."
The Girls in Tech Conference will take place in-person in Nashville, Wednesday, Sept. 7. Participants from all over the world will gather to find community, sharpen their skills, learn how to advance their careers in tech, and discover companies that are leveraging technology to drive change and growth within their industries. Most importantly, they will learn how they can be a part of that change.
Wendy Harrington, Chief Information Officer, TIAA Wealth and Corporate Technology, will deliver a keynote address about her own career journey in her talk titled Destination Unknown: Enjoy the Journey.
TIAA ambassadors and recruiters will be on hand at the expo to discuss the exciting technology agenda, job openings and culture at TIAA, as well as share stories of their own career paths in technology.
About TIAA
TIAA is a leading provider of secure retirements and outcome-focused investment solutions to millions of people and thousands of institutions. It is the #1 not-for-profit retirement market provider1, paid more than $6.4 billion in lifetime income to retired clients in 2021 and has $1.2 trillion in assets under management (as of 6/30/2022)2.
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SOURCE TIAA | https://www.mysuncoast.com/prnewswire/2022/09/06/tiaa-announces-partnership-with-girls-tech-empower-women-technology/ | 2022-09-06T14:42:37Z |
Air Products to Host Investor Call on its Latest Sustainability Commitments today, Monday, July 25, at 10:30 a.m. USET. See details below.
LEHIGH VALLEY, Pa., July 25, 2022 /PRNewswire/ -- Air Products (NYSE: APD) today announced an additional set of commitments that further demonstrate its sustainability strategy in action. The company is creating a new "Third by '30" carbon dioxide (CO2) emissions intensity (kg CO2/MM BTU) goal for Scope 3 emissions, in addition to its existing Scope 1 and 2 goal and pledging to reach net-zero carbon emissions from its operations by 2050. Air Products will also spend or commit at least $4 billion in additional new capital for the transition to clean energy over the next five years, bringing its total commitment to first-mover projects to $15 billion through 2027.
Air Products' Chairman, President and Chief Executive Officer Seifi Ghasemi said, "These commitments complement and reinforce our growth strategy of building our business to deliver climate benefits and work alongside our customers on their sustainability journey."
"Air Products is uniquely positioned to bring together its portfolio of technologies and legacy of experience to ensure the future climate benefits generated by our first-mover projects come online at a crucial moment in the energy transition. We continue to see significant opportunities for hydrogen and carbon capture technologies, and our industry-leading $15 billion capital commitment is further demonstration of sustainability being at the heart of our business and growth," he continued.
To help reach net zero from its operations by 2050, in step with society's progress towards achieving net zero, Air Products has identified tangible transition plans for new investments and modifications of existing company assets, including low- and zero-carbon hydrogen. Air Products will also continually increase its use of renewable energy, convert its fleet of about 2,000 trucks to hydrogen fuel cell zero-emission vehicles, and implement additional actions. Achieving this net zero goal will also require strong policy and regulatory support that promotes the adoption of key technologies to address the pace and scale required to support a net-zero future.
Consistent with its net-zero commitment, Air Products is engaging with the Science Based Targets Initiative (SBTi), a leader in mobilizing the private sector on climate action. Since SBTi does not currently have a methodology for the chemicals sector, Air Products will participate in the SBTi Expert Advisory Group to help support development of the sectoral framework that will shape the methodology for the chemicals sector. Participating in these ongoing discussions with SBTi and defining a clear methodology for sector guidance are crucial prerequisites to any potential commitment to a science-based target.
Air Products is also committed to addressing climate impacts throughout its upstream and downstream value chain, also known as Scope 3 emissions. The company's additional "Third by '30" goal is to reduce the intensity of Air Products' Scope 3 emissions by one-third by 2030, using 2015 as the baseline year. This ensures transparency, accountability, and uniformity with the previously announced goal for Scope 1 and 2 emissions.
Air Products has already committed over $11 billion to real zero- and low-carbon hydrogen projects driving the Energy Transition. The future climate benefits from these announced hydrogen projects in execution, if all used for the heavy-duty truck market, will eliminate more than 20 million tonnes of CO2 per year. Over their lifetime, the projects are expected to avoid more than 500 million tonnes of CO2e, which is the equivalent to the emissions from about 50 billion gallons or over 220 billion liters of diesel used in heavy-duty trucks. These benefits are in addition to the avoided emissions for Air Products' customers, enabled by the company's current products and technologies.
Chairman, President and Chief Executive Officer, Seifi Ghasemi, and Air Products' Vice President of Investor Relations, Corporate Relations and Sustainability, Simon Moore, will discuss these new sustainability commitments on Monday, July 25, 2022 at 10:30 a.m. USET. The teleconference will be open to the public and the media in listen-only mode by telephone and Internet broadcast.
Click to join live teleconference >
Dial-in to live teleconference: 323-209-7315
Passcode: 6928096
Internet broadcast/slides: Available on the Event Details page on Air Products' Investor Relations website.
Telephone replay: 888-203-1112 (domestic) or 719-457-0820 (international)
Passcode: 6928096
Available from 2:30 p.m. ET on July 25, 2022 through 2:30 p.m. ET on August 1, 2022.
Internet replay: Available on the page on Event Details Air Products' Investor Relations website.
Air Products (NYSE:APD) is a world-leading industrial gases company in operation for over 80 years. Focused on serving energy, environment and emerging markets, the Company provides essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemical, metals, electronics, manufacturing, and food and beverage. Air Products is also the global leader in the supply of liquefied natural gas process technology and equipment. The Company develops, engineers, builds, owns and operates some of the world's largest industrial gas projects, including: gasification projects that sustainably convert abundant natural resources into syngas for the production of high-value power, fuels and chemicals; carbon capture projects; and world-scale low- and zero-carbon hydrogen projects supporting global transportation and the energy transition.
The Company had fiscal 2021 sales of $10.3 billion from operations in over 50 countries and has a current market capitalization of about $55 billion. More than 20,000 passionate, talented and committed employees from diverse backgrounds are driven by Air Products' higher purpose to create innovative solutions that benefit the environment, enhance sustainability and address the challenges facing customers, communities, and the world. For more information, visit www.airproducts.com or follow us on LinkedIn, Twitter, Facebook or Instagram.
Cautionary Note Regarding Forward-Looking Statements: This release contains "forward-looking statements" within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2021. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.
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SOURCE Air Products | https://www.kxii.com/prnewswire/2022/07/25/air-products-announces-additional-third-by-30-co2-emissions-reduction-goal-commitment-net-zero-by-2050-increase-new-capital-energy-transition-15-billion/ | 2022-07-25T11:32:13Z |
New collaboration offers automated menu updates, powers POS self-service kiosks, and gamifies employee experiences to streamline transactions and alleviate staffing issues
SAN FRANCISCO, Aug. 11, 2022 /PRNewswire/ -- Raydiant, the in-location experience platform for brick-and-mortar enterprises, today announced its partnership with Square, the globally trusted software, payments and hardware company. The collaboration sets the tone for the future of brick-and-mortar by empowering businesses to create next-level in-store experiences for both customers and employees.
"Restaurant and retail merchants just endured potentially the most difficult two years of business they've ever had," said Bobby Marhamat, Raydiant's CEO. "They want simple, streamlined processes that keep sales up, employees happy, and customers loyal. For the first time ever, this simplification of a tedious back-end process allows retailers to shift their focus from operations to hospitality. They can return to nurturing the heart and soul of their businesses."
By integrating with Raydiant's Digital Menus app, Square merchants now have the ability to create, schedule, and automatically update digital signage that connects to their Square POS system. This will improve a business' efficiency by eliminating manual updates to menu items. Square merchants will also soon have access to Raydiant's Self-Service Kiosks outfitted with Square's POS system, automatically updating any changes to item availability and pricing. A recent survey showed nearly 60% of consumers preferred a self-service checkout option over a cashier-assisted one. This integration will create a seamless, streamlined ordering experience while reducing manual, time-consuming tasks for front-of-house staff.
"As consumers return to brick-and-mortar stores, our priority is enabling sellers to provide a dynamic, seamless experience for their customers and staff," said Vijay Vachani, Global Head of Partners and Developers at Square. "With this partnership, Square sellers will experience benefits for both front-of-house and back-of-house operations. Their customers will enjoy simple self-service checkouts with kiosks and will receive real-time updates from digital signage, while employees will have the unique opportunity to join in motivating contests and redeem points for rewards. This improved experience will build loyalty not only among their customers, but staff as well."
Square merchants can also leverage Raydiant's Employee Experience Platform for connecting, motivating, and celebrating back-of-house employees. Data such as average physical sales by employee, sales by location, and top selling items are transformed from Square's POS system into motivating contests, games, and other healthy employee competition. For example, managers can track sales activity to determine who sold the most of a particular item. Employees can redeem earned points for various rewards — from electronics and gift cards to travel experiences — through Raydiant's recognition platform. Better employee experiences are critical, as Raydiant's recent State of Deskless Work report found that 52 percent of non-office workers plan to quit their jobs over the next year.
Key features of Raydiant's Digital Menus app include:
- Real-time menu updates: Display and update prices, categories, items, modifiers, and availability instantly. For example, restaurants leveraging Square's POS system can schedule menu boards to automatically update based on specific offerings for breakfast, lunch, and dinner.
- Multi-location support and location-specific pricing: Merchants with multiple stores can seamlessly connect to any of their business locations from a single laptop. Display items reflect appropriate prices based on the selected location.
- Filtering: Allow customers to select items by category and choose whether to display or hide a product or service's details.
To learn more about Raydiant's partnership with Square, visit Raydiant's app marketplace.
About Raydiant
Raydiant is the leading in-location experience platform for the world's largest brands in restaurant, retail, hospitality, banking and more. With Raydiant, franchise managers, IT, marketing and communications executives can more effectively scale their brick-and-mortar operations, reduce anxiety from outdated technology oversight, and seamlessly create more engaging and personalized in-store experiences that keep customers coming back and buying more. Raydiant works with nearly 4,500 brands, from SMB to enterprise, including First Bank, Dickey's BBQ, Harvard University, The Salvation Army, Red Bull, Chick-Fil-A, Thomson Reuters, and Wahlburgers. Founded in April 2017, Raydiant is headquartered in San Francisco, California and has raised a total of $50 million from 8VC, Atomic Ventures, Lerer Hippeau, Mark Wahlberg Investments, Bloomberg Beta, Gaingels, Illuminate Ventures, Transmedia Capital, and Ron Conway. To learn more, visit www.raydiant.com.
Media Contact:
BAM for Raydiant
raydiant@bamtheagency.com
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SOURCE Raydiant | https://www.kxii.com/prnewswire/2022/08/11/raydiants-partnership-with-square-represents-exciting-new-era-restaurants-retailers/ | 2022-08-11T13:49:36Z |
CEDARHURST, N.Y., May 5, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of Innovative Industrial Properties, Inc. (NYSE: IIPR, IIPR-PA), if they purchased the Company's securities between May 7, 2020 and April 13, 2022, inclusive (the "Class Period"). Shareholders have until June 24, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/nyse-iipr/https://kclasslaw.com/cases/securities/nyse-hmlp/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a Company lead to artificial inflation of the Company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
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SOURCE Kuznicki Law PLLC | https://www.kxii.com/prnewswire/2022/05/05/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-innovative-industrial-properties-inc-iipr-iipr-pa/ | 2022-05-05T09:19:56Z |
Former police officer gets 5 years for rough arrest of woman with dementia
DENVER (AP) — A former Colorado police officer shown on body camera video roughly arresting a 73-year-old woman with dementia and later seen joking about it with colleagues was sentenced Thursday to five years in prison.
Austin Hopp arrested Karen Garner in 2020 after she left a store without paying for about $14 worth of items in Loveland, about 50 miles north of Denver. Police body camera video shows that after she turned away from him, he grabbed her arm and pushed her to the ground, still holding the wildflowers she had been picking as she walked through a field.
Hopp had faced anywhere from probation up to eight years behind bars after pleading guilty to second-degree assault in March under a deal with prosecutors that was opposed by Garner’s family. He had faced a mandatory prison sentence of between 10 and 32 years under an original, more serious assault charge.
The footage shows that when Hopp had Garner pushed against the hood of his car, she tried to turn around and repeated that she was trying to go home. He then pushed her back against the car and moved her bent left arm up near her head, holding it, saying, “Are you finished? Are you finished? We don’t play this game.”
A federal lawsuit that Garner filed claimed he dislocated her shoulder. The city settled the lawsuit for $3 million, money which her family has said will pay for the around-the-clock care she has required after her condition deteriorated following her arrest.
Police station surveillance video released by Garner’s lawyer showed Hopp and others talking and at times laughing or joking about the arrest as they watch the body camera footage with Garner in a holding cell nearby. At one point, Hopp told the others to listen for the “pop” during the part of footage when Garner’s shoulder was allegedly dislocated.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/06/former-police-officer-gets-5-years-rough-arrest-woman-with-dementia/ | 2022-05-06T00:29:40Z |
Tech-Enabled Co-Ownership Marketplace Recognized as Best Financial Innovation That Makes Life Easier
SAN FRANCISCO, Aug. 9, 2022 /PRNewswire/ -- Pacaso, the leading technology-enabled real estate marketplace that helps people buy and co-own a luxury second home, is a winner of REAL SIMPLE's 2022 Smart Money Awards, an annual list spotlighting 32 of the best products and services to help readers maximize their money, investments, and time.
"It's an honor for Pacaso to be recognized by REAL SIMPLE for our co-ownership model, which is a more financially responsible purchase than a traditional second home," said Whitney Curry, chief marketing officer, Pacaso. "With Pacaso, buyers get a bigger, more luxurious home than what they'd get on their own while sharing costs and eliminating the hassle of home ownership. This is especially true right now. Rising inflation and interest rates make whole home purchases less affordable, so the lower cost of co-ownership becomes more attractive to potential buyers who are seeking a second home."
The Smart Money Awards is REAL SIMPLE'S annual spotlight on the best financial innovations that make life easier. To curate the 2022 Smart Money Awards, REAL SIMPLE editors compiled a list of products across eight categories, and a panel of financial professionals rated them to select 32 winners based on innovation and relevance to REAL SIMPLE readers.
"Whether you're looking to cut big purchases into bite-size payments or get accounting support for your small business, this year's Smart Money Awards deliver more innovative solutions to your personal finance concerns than ever before. We're here to help you get your money house in order with this smartly-curated review of the best new tools and services. I especially love the ones that extend banking access to underserved communities, and reward you for earth-friendly purchases," said REAL SIMPLE Editor in Chief Lauren Iannotti.
The full list of this year's Smart Money Awards is now available at REALSIMPLE.com/moneyawards. To learn more about Pacaso and to shop available listings, please visit pacaso.com
Pacaso® is a technology-enabled marketplace that modernizes real estate co-ownership to make owning a second home possible and enjoyable for more people. Pacaso curates luxury listings with premium amenities and high-end contemporary interior design, offers ⅛ to ½ ownership with integrated financing, and, after purchase, professionally manages the home and supports seamless resale. Co-founded by Austin Allison and Spencer Rascoff in 2020, Pacaso operates in top second home destinations around the world. Pacaso has been certified as a Great Place to Work and is recognized as one of Glassdoor's 2022 Best Places to Work.
For more information about Pacaso and to view luxury second home listings, visit www.pacaso.com or download the Pacaso app for Android or iPhone. You can also follow Pacaso on social media @PacasoHomes on Twitter, Instagram, Facebook and YouTube or @Pacaso_Homes on TikTok.
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SOURCE Pacaso | https://www.mysuncoast.com/prnewswire/2022/08/09/pacaso-named-winner-real-simples-2022-smart-money-awards/ | 2022-08-09T15:19:26Z |
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HARRISBURG, Pa., June 23, 2022 /PRNewswire/ -- Centric Bank, the wholly owned subsidiary of Centric Financial Corporation (OTC: CFCX), has been recognized as one of American Banker's Top 200 Community Banks in the U.S. for the fourth consecutive year.
"Centric Bank is honored to be recognized by American Banker once again on this list of outstanding community banks," says Patricia (Patti) A. Husic, President and CEO. "In 2021 we continued to be the financial lifeline for the small businesses in our communities, generating an additional $91 million in PPP loans to 1,100 small businesses. Our team was laser focused on executing our strategic plan and delivered on the loan, deposit, and profitability goals for 2021. I am so proud of our Centric team, the 142 Difference Makers in our organization who live our tagline of We Revolve Around You daily."
American Banker's annual ranking is a list of publicly traded banks and thrifts with less than $2 billion in assets. The rankings are based on Return on Average Equity (ROAE) over a three-year period. Centric Bank finished in the #147 position on this year's list.
An American Banker 2021, 2020, 2019, and 2018 Best Banks to Work For, four-time American Banker Most Powerful Women in Banking Top Team, three-time Best Places to Work, and Top 50 Fastest-Growing Companies for eight years, Centric Bank is headquartered in south central Pennsylvania with assets of $1.1 billion and remains a leader in organic loan growth. A locally owned, locally loaned community bank, Centric Bank provides highly competitive and pro-growth financial services to businesses, professionals, individuals, families, and to the health care and dental industries with the Doctor Centric Bank Division. Centric Bank was named one of the Top 200 Community Banks in the U.S. in 2022, 2021, 2020, and 2019.
Founded in 2007, Pennsylvania-based Centric Bank has financial centers located in Harrisburg, Hershey, Mechanicsburg, Camp Hill, Doylestown, Devon, and Lancaster, as well as commercial loan offices in Devon, Doylestown, Lancaster, and an Operations and Executive Office campus in Hampden Township, Cumberland County. To learn more about Centric Bank, call 717.657.7727 or visit CentricBank.com. Connect with them on Twitter, Facebook, LinkedIn, and Instagram.
Centric Financial Corporation is traded over the counter (OTC-Pink) with the ticker symbol CFCX.
Contact: Patricia A. Husic
President & CEO
717.909.8309
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SOURCE Centric Financial Corporation | https://www.mysuncoast.com/prnewswire/2022/06/23/centric-bank-named-american-bankers-top-200-community-banks-us/ | 2022-06-23T15:59:34Z |
The cutting-edge HP digital web press becomes the centerpiece of the company's elite production capabilities
SEATTLE, Sept. 8, 2022 /PRNewswire/ -- With the addition of the multi-million dollar HP PageWide Web Press T250 HD digital inkjet and automated finishing lines, DCG ONE is vastly expanding its printing capabilities and becoming one of the few commercial printers in the Northwest to offer its customers offset-like quality with the speed of digital printing.
"Roughly speaking, we'll be doubling our digital page capacity," said Brad Clarke, president of DCG ONE. "We're radically reducing cycle times and increasing speed, and that creates tremendous value for our clients."
The advanced digital web press will help DCG ONE serve a wider variety of market segments and applications with a faster, more flexible and higher-quality digital print solution for publishing, transactional, direct mail and general commercial printing.
"Projects that might have taken six to eight hours to run can now cycle through in under two hours on the T250 HD," said Clarke.
Speed isn't the only advancement. The new digital web press features remarkable configuration capabilities, including variable printing that can make every sheet look different. And with no plates needed and more efficient use of a variety of paper types, the T250 HD minimizes waste.
"For DCG ONE and our customers, it's transformational," said Clarke.
Installation of the ultramodern press at the company's Seattle production facility is nearly complete. Projects are expected to begin rolling on the new press as soon as testing is completed this month.
When big ideas, bold creative and brilliant delivery converge, business thrives. DCG ONE is a marketing, technology and print production powerhouse that helps companies expand opportunities, drive customer engagement and blow past their business goals. Our smart, seamless strategic approach always pushes what's possible. At DCG ONE, that's the whole idea.
Based in Seattle, WA, DCG ONE has grown to become one of the largest privately held marketing services providers in the country. With locations including Seattle and New York, NY, DCG ONE services a variety of Fortune 500 companies.
Contact:
Mandy DiCesare, Marketing Specialist
Mandy.DiCesare@dcgone.com
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SOURCE DCG ONE | https://www.kxii.com/prnewswire/2022/09/08/dcg-one-flexes-printing-muscle-with-new-advanced-digital-web-press/ | 2022-09-08T18:18:27Z |
Teens cause $100,000 in damages to middle school, authorities say
PALATKA, Fla. (Gray News) - Three teens are accused of burglarizing and causing extensive damage to a Florida middle school.
According to the Putnam County Sheriff’s Office, the teens burglarized the Jenkins Middle School campus on Aug. 28 and caused an estimated $100,000 in damages.
The Palatka Fire Department responded to a call of smoke in the area of the middle school campus at about 4 p.m. Crews reportedly saw three teenagers running from the campus when they arrived.
Deputies and Palatka police officers said they found extensive damage to most of the buildings and the city-owned gym on campus.
According to the sheriff’s office, numerous windows were broken, toilets were damaged, sinks overflowed, security cameras were destroyed and 17 fire extinguishers were discharged.
Authorities said security cameras caught some of the destruction on video before they were damaged, and a deputy was able to identify one of the teens involved from Palatka Junior-Senior High School.
First responders said the campus was equipped with an alarm system, but the incident did not trigger the alarms.
The sheriff’s office said the teens involved were 14 years old. They are facing charges that include first-degree felony burglary and third-degree felony criminal mischief.
Officials said the city of Palatka owns the gym portion of the campus and is investigating the damages to that building as a separate case.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/09/01/teens-cause-100000-damages-middle-school-authorities-say/ | 2022-09-01T02:46:06Z |
Fauci plans to retire by end of Biden’s term
Published: Jul. 18, 2022 at 11:49 AM EDT|Updated: 17 minutes ago
(CNN) - Dr. Anthony Fauci plans to retire by the end of President Joe Biden’s current term in office.
The government’s top infectious disease expert, who became a household name durin the COVID-19 pandemic, says he does not have an exact date in mind and he has not started the retirement process.
Fauci has said that he would leave before Biden’s current term ends in January 2025.
He is currently the Chief Medical Advisor to the president.
Fauci has served as the director of the National Institute of Allergy and Infectious Diseases for decades.
At 81, he has served more than five decades under seven presidents, advising every U.S. president since former President Ronald Reagan.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/07/18/fauci-plans-retire-by-end-bidens-term/ | 2022-07-18T16:08:35Z |
Elegant Race Day Recipes with the Derby's Preferred Wines; Order Ingredients Online with a Click
BIRMINGHAM, Ala., May 4, 2022 /PRNewswire/ -- If you'll be watching the Run for the Roses from home this weekend with a few of your closest friends, you can whip up a menu worthy of the winner's circle with the Derby Day Party Plan from meal inspiration leader eMeals and family-owned wineries Kendall-Jackson and La Crema, the two official Preferred Wines of the Kentucky Derby. With easy-make spins on classic Derby recipes plus complementary wine pairings, the plan provides step-by-step instructions, point-and-click grocery shopping, and a perfect way to enjoy the most exciting two minutes in sports.
And you're off!: Available on the free Derby Day landing page or in the Occasions Plan in the eMeals app for subscribers, the menu serves 10-12 grazing guests. The lineup starts with Smoked Cheddar-Pecan Wafers inspired by Derby cheese straws and Bacon-Pimento Cheese Toasts topped with Roma tomatoes and fresh basil leaves. Entrées are Cream Biscuits stuffed with glazed ham and chow chow (a fresh twist on Derby biscuits and ham), Benedictine Chicken Salad Dip with assorted crackers (a new use of the Derby's staple party dip), and Beef Tenderloin Crostini with Henry Bain sauce and crumbled bleu cheese (featuring the quintessential Kentucky steak sauce). Dessert is a perfect photo finish: Cookie Butter-Banana Pudding Cups layered with whipped cream, sliced bananas, and crumbled cookies.
Raise a glass: To complement that lavish spread, the plan recommends Kendall-Jackson's flagship wine, the Vintner's Reserve Chardonnay, and the La Crema Sonoma Coast Pinot Noir. Kendall-Jackson and La Crema were named the Preferred Wines of the Kentucky Derby last year in a multi-year partnership. The Jackson family's legacy in winemaking runs deep, with many wine enthusiasts recognizing Kendall-Jackson as the makers of America's favorite Chardonnay and La Crema as one of the pioneering wineries in Russian River Valley, yet the family's endeavors in the horse racing world are less well-known. In 2005 they opened Stonestreet Farm, a leading Thoroughbred horse breeding operation based in the famous Bluegrass region of Kentucky. The partnership with the Kentucky Derby is a natural connection, and pairing a Derby-inspired meal with Kendall-Jackson and La Crema is a great way to toast the elite Thoroughbreds striving to earn their place in horse racing history.
Shop less – enjoy more: No need to waste time writing a grocery list or making item-by-item entries in an online shopping cart. Simply select the recipes you want to make from the eMeals mobile app or the Derby Day Party landing page, and eMeals will automatically generate a shopping list you can use to self-shop at your local grocery store or tap for online grocery fulfillment from Amazon, Walmart, Kroger or any of the retailers served by Instacart and Shipt. The wines show up as an option on the list. It's fast, it's easy, and it ensures you won't forget an ingredient.
Beyond the finish line: eMeals' meal planning service isn't just for special occasions. For as little as $5/month, subscribers receive seven dinner menus every week from their choice of 15 dinner plans (Quick and Healthy, Keto, Low Carb, 30 Minute, Kid Friendly, Low Calorie, Plant Based and more), plus Occasions Plans and Bonus Collections that are added regularly. Subscribers can also mix and match menus from any style and substitute favorites from previous weeks. Free 14-day trials are available at www.emeals.com.
eMeals is a meal inspiration, planning and shopping platform that operates the subscription-based eMeals digital meal planning service, the free RecipeBox app enabling home cooks to create personalized digital cookbooks, and the Grocery Connect SDK providing online grocery shopping functionality for third-party apps and websites. eMeals has helped millions of families relieve the daily stress of putting healthy home-cooked meals on the table quickly, easily and affordably since the launch of its digital meal planning service. For more information, visit https://emeals.com and https://recipebox.com.
Kendall-Jackson is one of America's most beloved family-owned and operated wineries. The winery's flagship wine, the Vintner's Reserve Chardonnay, has been America's favorite Chardonnay for over 29 years. Founded by entrepreneur and visionary Jess Jackson in 1982, and now led by his wife Barbara Banke and the Jackson family, Kendall-Jackson is based in Sonoma County and offers a range of acclaimed wines grown on the family's estate vineyards along the coastal ridges of California. Kendall-Jackson is the benchmark for sustainable wine endeavors, setting the precedent for advancement in solar, water, and vineyard practices. Wine Enthusiast Magazine recently named Kendall-Jackson the 2017 American Winery of the Year, one of the wine industry's most distinguished accolades. Recognized as a leader in the industry for more than three decades, Kendall-Jackson has built a reputation centered around consistent, high-quality wines that are available nationwide in national grocery stores, boutique wine retailers, and restaurants. Learn more online at www.kj.com, and follow Kendall-Jackson on Facebook, Twitter, or Instagram.
Beloved artisan winery La Crema was founded in 1979 as La Crema Viñera, meaning "Best of the Vine." For 40 years, the family-owned and operated winery has focused exclusively on cool-climate coastal appellations, where ocean winds and fog allow grapes to ripen slowly on the vine. Winemaker Craig McAllister continues to use boutique, time-intensive techniques to produce distinctively balanced and elegant wines. La Crema combines consistent high quality and elegant flavor with a modern, cosmopolitan personality. For more information, visit www.LaCrema.com, and follow La Crema on Facebook, Twitter, and Instagram.
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SOURCE eMeals | https://www.kxii.com/prnewswire/2022/05/04/wine-amp-dine-during-148th-derby-with-emeals-kendall-jackson-amp-la-crema/ | 2022-05-04T17:13:56Z |
TROY, Mich., Aug. 29, 2022 /PRNewswire/ -- The Editorial Advisory and Securities Review Committee of BetterInvesting Magazine today announced TJX Companies Inc. (NYSE: TJX) as its "Stock to Study" and The Boeing Company (NYSE: BA) as its "Undervalued Stock" in the November 2022 issue for investors' informational and educational use.
"A recent survey reported the percent of millennials who were investors a year ago versus those in 2022 has dropped by 8 percentage points. At the National Association of Investors, we encourage investors of all ages to stay the course, to invest regularly, and to take advantage of the power of compounding over the long haul. The easy-to-follow BetterInvesting methodology has proven this to be the successful way to building wealth for over 70 years," said Ken Zendel, CEO of the National Association of Investors (NAIC), the parent organization of BetterInvesting, a nonprofit, investment education organization.
Learn more including unbiased investment education at:
https://www.betterinvesting.org/learn-about-investing/investor-education/getting-started-with-stocks/investing-101
Check the November 2022 issue of BetterInvesting Magazine for more details about the latest stocks. Non-members can utilize the limited, trial version of the BetterInvesting online stock selection and analysis tools to study the investment potential of TJX Companies and The Boeing Company by viewing their fundamental data and applying judgments.
Committee members are Robert M. Bilkie, Jr., CFA; Daniel J. Boyle, CFA; Marisa Bradbury, CFA; Philip Keating, CFA; Walter J. Kirchberger, CFA; and Anne Nichols, CFA.
As stated, the BetterInvesting committee's Stock to Study and Undervalued Stock choices are for the informational and educational uses of investors. They are not to be considered as endorsed or recommended for purchase by NAIC / BetterInvesting. BetterInvesting urges investors to educate themselves about the stock market so they can make informed decisions about stock purchases. Investors should conduct their own review and analysis of any company of interest using the Stock Selection Guide before making an investment decision.
BetterInvesting™, a national 501(c)(3) nonprofit, investment education organization, has been empowering everyday Americans since 1951. Also known as the National Association of Investors™ (NAIC®), we have helped more than 5 million people from all walks of life learn how to improve their financial future. BetterInvesting provides unbiased, in-depth investing education and powerful online stock analysis tools to create successful lifelong investors. BetterInvesting staff, along with a dedicated community of volunteers across America, teach the organization's principles and time-tested methodology to individuals and investment clubs. For more information about BetterInvesting, please visit www.betterinvesting.org
Follow us on LinkedIn and Facebook.
Media Contact:
877-275-6242
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SOURCE BetterInvesting | https://www.kxii.com/prnewswire/2022/08/30/betterinvesting-magazine-update-tjx-companies-boeing-company/ | 2022-08-30T01:07:02Z |
SINGAPORE, June 13, 2022 /PRNewswire/ -- BitKan, the largest cryptocurrency brokerage exchange globally, announces a strategic partnership with major exchange MEXC Global (abbreviated as "MEXC"). This will pave the way for BitKan to have the largest amount of crypto tokens offered by a centralized trading platform globally.
MEXC will be added into BitKan Smart Trade' s trading depth along with 8 other established exchanges (Binance, OKX, Huobi, FTX, Bit.com, Gate.io, Bitfinex and Poloniex). Combining all partner exchanges' liquidity and order books, users will be able to trade cryptocurrencies listed across these 9 exchanges on BitKan with a single account at even better prices.
Currently, BitKan provides over 1200 tradeable cryptocurrencies. After the full onboarding of MEXC, BitKan will list more cryptocurrencies daily and is set to be the centralized crypto trading platform with most tokens globally.
CEO of BitKan, Leon Liu, said: "Since 2012, BitKan has always strived to provide more functions and coin varieties to our users. We continuously look for quality partners and are honored to have MEXC onboard to further strengthen our advantages. It will also open a new ground for us to reach more users and crypto communities. We welcome global users to trade their favorite coins on BitKan and discover more crypto gems."
MEXC has been growing rapidly since 2018, with key licenses and passing jurisdictions in Australia, Estonia and the United States. John Chen, CEO of MEXC, said: "Our operation in Asia is now expanding faster than ever, and we're happy to have BitKan helping us connect with more cryptocurrency traders and offer seamless user experience in the local market. This integration will allow BitKan users to take advantage of differences in funding rates across MEXC and more top-tier exchanges and execute arbitrage strategies."
Based in Singapore, BitKan is backed by IDG Capital which is also a shareholder of Coinbase. To date, BitKan has served over 5 million users in 170 countries. Moving forward, BitKan will continue looking to work with other leading partners like MEXC for more top cryptocurrencies listings at better prices. BitKan users can also look forward to a greater range of services in collaboration with our partners in future.
Connect with BitKan
Claim $100 Sign-Up Bonus: http://t.bitkan.com/r/Pa
Website: https://bitkan.com/
Twitter: https://twitter.com/BitKanOfficial
Telegram: https://t.me/bitkanofficial
Contact: Tan Ming Yaw
Email: mytan@bitkan.com
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SOURCE BitKan | https://www.kxii.com/prnewswire/2022/06/14/worlds-largest-crypto-brokerage-platform-bitkan-welcomes-mexc-global-its-ninth-strategic-partner/ | 2022-06-14T03:38:25Z |
CAIRO (AP) — Libyan authorities said Saturday they found at least 15 migrants dead in the desert on the borders with Sudan, the latest tragedy involving migrants seeking a better life in Europe via perilous journeys through the conflict-wrecked nation.
The Department for Combating Irregular Migration in the southeastern city of Kufra said the migrants were on their way from Sudan to Libya when their vehicle broke down due to lack of fuel.
The agency said nine other migrants survived while two remain missing in the desert. There were women and children among the migrants, but the agency did not elaborate on how many. It also did not reveal causes of the migrants’ death, but said they did not have enough food and water.
It said the migrants were all Sudanese — from a country in turmoil for years. The migrants likely attempted to reach western Libya in efforts to board trafficking boats to Europe.
The agency posted images on Facebook showing bodies purportedly of the dead migrants who were later burned in the desert.
The tragedy was the latest in Libya’s sprawling desert. In June, authorities in Kufra said they found the bodies of 20 migrants who they said died of thirst in the desert after their vehicle broke down close to the border with Chad.
Libya has in recent years emerged as the dominant transit point for migrants fleeing war and poverty in Africa and the Middle East. The oil-rich country plunged into chaos following a NATO-backed uprising that toppled and killed longtime autocrat Moammar Gadhafi in 2011.
Human traffickers in recent years have benefited from the chaos in Libya, smuggling in migrants across the country’s lengthy borders with six nations. The migrants are then packed into ill-equipped rubber boats and set off on risky sea voyages. | https://cw33.com/news/international/ap-international/libya-officials-15-migrants-found-dead-on-border-with-sudan/ | 2022-08-14T01:53:21Z |
DALLAS, Aug. 10, 2022 /PRNewswire/ -- Texas Instruments Incorporated (TI) (Nasdaq: TXN) today announced the pricing of two series of senior unsecured notes for an aggregate principal amount of $700 million. The notes consist of the following:
- $400 million of 3.650% senior unsecured notes due August 16, 2032; and
- $300 million of 4.100% senior unsecured notes due August 16, 2052.
TI expects to use the net proceeds of this offering for general corporate purposes. The offering is expected to close on August 16, 2022.
BofA Securities, Inc.; Citigroup Global Markets Inc.; and U.S. Bancorp Investments, Inc. are serving as joint book-running managers for the offering.
The offering of the notes is made only by means of a prospectus and a related prospectus supplement, copies of which may be obtained for free by visiting EDGAR on the Securities and Exchange Commission website at www.sec.gov or, in the alternative, from BofA Securities, Inc., Attention: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, North Carolina 28255, or by email at dg.prospectus_requests@bofa.com, or by calling (800) 294-1322; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by email at prospectus@citi.com, or by calling (800) 831-9146; or U.S. Bancorp Investments, Inc., 214 N. Tryon Street, 26th Floor, Charlotte, North Carolina 28202, or by calling (877) 558-2607.
This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the notes or any other securities, nor will there be any sale of the notes or any other securities in any state or jurisdiction in which such an offer, solicitation or sale is not permitted.
About Texas Instruments
Texas Instruments Incorporated (Nasdaq: TXN) is a global semiconductor company that designs, manufactures, tests and sells analog and embedded processing chips for markets such as industrial, automotive, personal electronics, communications equipment and enterprise systems. Our passion to create a better world by making electronics more affordable through semiconductors is alive today, as each generation of innovation builds upon the last to make our technology smaller, more efficient, more reliable and more affordable – making it possible for semiconductors to go into electronics everywhere. We think of this as Engineering Progress. It's what we do and have been doing for decades.
TXN-G
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SOURCE Texas Instruments Incorporated | https://www.kxii.com/prnewswire/2022/08/10/texas-instruments-prices-700-million-investment-grade-notes/ | 2022-08-10T21:03:04Z |
Report: National Archives asked for Trump records in 2021
(CNN) - Records from the Trump era in the White House were not returned to the government during the final days of the administration despite a determination that they should be, according to an email that National Archives and Records Administration sent to President Donald Trump’s lawyers in May 2021.
The contents of the email were first reported by The Washington Post.
The FBI executed a search warrant earlier this month at Trump’s Mar-a-Lago home in Florida as part of an investigation into the handling of presidential documents, including classified documents.
On Thursday, lawyers from the Department of Justice are expected to submit their recommended redactions to the affidavit used to obtain the warrant to search Trump’s residence.
The affidavit describes why investigators believed they had probable cause that a crime was committed.
President Joe Biden told reporters Wednesday that he had no advance warning about the search of Trump’s home.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/08/25/report-national-archives-asked-trump-records-2021/ | 2022-08-25T14:05:49Z |
Robyn Lively and Bart Johnson talked about their new movie “Strong Fathers, Strong Daughters” and what it was like playing husband and wife on the screen. They said it felt just like being husband and wife in real life and they would love to do it more in the future. They also talked about their own children and shared details about their recent family vacation with their three kids.
“Strong Fathers, Strong Daughters” drops on August 1 on Pure Flix. For more information, visit PureFlix.com.
This segment aired on the KTLA 5 Morning News on July 27, 2022. | https://cw33.com/entertainment-news/robyn-lively-and-bart-johnson-love-playing-husband-and-wife-in-their-new-movie-strong-fathers-strong-daughters/ | 2022-07-27T19:47:29Z |
Volkswagen has already sold out of electric cars in key markets this year
By Anna Cooban, CNN Business
Volkswagen Group, the leading global competitor to Tesla, has sold out of electric cars in the United States and Europe this year because of soaring demand and supply constraints.
“We are not sold out because we can’t build cars … we are really sold out for electric cars because demand is higher than expected,” CEO Herbert Diess told the Financial Times at its automotive conference Monday.
Last week, the company, which owns several brands including Porsche and Audi, said it had a backlog of 300,000 EV orders in Western Europe alone.
Customers placing orders now in some markets can expect to receive their cars next year, a company spokesperson confirmed to CNN Business.
Volkswagen Group sold more than 99,000 electric vehicles globally in the first quarter, up 65% from the same period last year. Its most popular cars included its ID.3 and ID.4 models, and the Audi e-tron.
Volkswagen still trails Tesla, which delivered more than three times as many EVs over the same period.
Supply woes ease up
It may have an opportunity to make up some lost ground later this year as the supply of chips improves. Supply chain disruptions that have blighted the car industry over the past year were starting to ease up, and Volkswagen Group has a “very good semiconductor supply” from the third quarter, Diess said.
Volvo, a Volkswagen Group competitor, also believes the worst of the chip shortage is behind it. CEO Jim Rowan told the FT on Monday that he thinks his company will be “really solid in terms of chip supply” from the second quarter.
The war in Ukraine has compounded supply problems for the automotive sector, leading to shortages of key parts for all vehicles.
But Diess said the company, which has several parts suppliers in Ukraine, still managed to secure about 90% of its supply volumes from those plants.
And despite strict coronavirus lockdowns, demand for EVs within China is proving resilient. Diess said Volkswagen Group EV sales in the world’s biggest car market had quadrupled in the first quarter.
BYD, a Chinese electric vehicle maker, reported a 313% jump in sales across its electric vehicles and plug-in hybrids in April compared with last year. The Warren Buffett-backed company is more insulated than others from supply chain disruptions because it makes its own batteries and automotive chips. Rivals Li Auto and Nio both reported a drop in deliveries in April.
“I’m optimistic that even under these really difficult circumstances with Covid in China, the war in Ukraine and still some semiconductor constraints, 2022 could still be a good year for us and the rest of the industry,” Diess said.
— Laura He contributed reporting.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/09/volkswagen-has-already-sold-out-of-electric-cars-in-key-markets-this-year/ | 2022-05-09T17:00:30Z |
TAMPA, Fla., June 9, 2022 /PRNewswire/ -- Smart Meter, continues to lead the way in the remote patient monitoring (RPM) sector because of its superior cellular-enabled devices and robust data that facilitate better care management. During Men's Health Month, Smart Meter wants to remind patients and providers that high blood pressure and obesity, which can lead to cardiovascular disease (CVD), can be controlled, but must be measured on a regular basis to spot trends and make diet and lifestyle adjustments.
Heart disease is the number one cause of death among American men1. Providing at-risk patients with an easy way to track their blood pressure and weight at home is the key to spotting concerning trends early. Smart Meter can provide the technology needed to help improve outcomes.
According to American Heart Association research2, "real-time monitoring programs can reduce systolic blood pressure (SBP) and diastolic blood pressure (DBP) significantly, compared to traditional self-monitoring. This can lower the incidence of hypertension-related acute events, cutting costs of hospital stays and ER visits."
With Smart Meter's cellular-enabled iBloodPressure® and iScale®, the measurement is sent immediately to the patient's provider with no extra steps required by the patient. One barrier to more equitable health care for minorities is the fact that many of today's at-home medical devices rely on Bluetooth® technology, requiring a smartphone and a wireless internet connection.
Recent research from the PEW Institute3 found minorities are almost 20 percent less likely to have access to broadband internet. The iBloodPressure and iScale from Smart Meter have proprietary cellular technology that utilizes the fast and secure 4/5G AT&T IoT network for reliable transmissions every time.
"The ability to track key factors that can lead to heart disease is now even easier than ever with the iBloodPressure and iScale", said Casey Pittock, Smart Meter's CEO. "Our cellular technology means that the patient isn't required to do anything after they test. We have seen firsthand the positive impact on patient outcomes when our iBloodPressure monitor and iScale is used in a remote patient monitoring (RPM) program."
Now serving more than 100,000 patients, Smart Meter is the leading supplier of cellular-enabled virtual care technologies that include the iGlucose®, iBloodPressure®, iPulseOx®, iScale®, and SmartRPMTM cloud platform, as well as data, and services. Smart Meter's remote patient monitoring solutions are recognized as the standard for the RPM industry and are regarded for their high patient retention and satisfaction. The unique combination of reliable health data, patient-friendly devices, and platform integrations enable and enhance RPM, CCM, Employee Wellness, Population Health, and Telehealth programs for more than 300 RPM distribution partners across the United States. For more information, visit SmartMeterRPM.com
1 Men and Heart Disease | cdc.gov
2remote-patient-monitoring-guidance-2019.pdf (heart.org)
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SOURCE Smart Meter, LLC | https://www.kxii.com/prnewswire/2022/06/09/almost-1-every-4-adult-male-deaths-united-states-is-caused-by-heart-disease-african-american-men-account-100000-more-cardiovascular-disease-deaths-than-caucasian-men/ | 2022-06-09T18:31:29Z |
Partnership introduces a new way for gamers to earn and play with their Gamelancer points
VANCOUVER, BC, June 6, 2022 /PRNewswire/ - Loyalty Gaming pioneer, Gambit Rewards, Inc. (Gambit), announced a new partnership with the world's largest Gen Z Social Gaming Network, Gamelancer. Gamelancer's growing network of over 28 million followers and subscribers on Tiktok, Snapchat, and Instagram, constitute the largest GenZ social media network in gaming today. The partnership introduces Gambit's unique free-to-play sports betting and iGaming platform ("Loyalty Gaming") to Gamelancer's fast growing audience of social gamers.
"Gambit's Loyalty Gaming model is designed to enhance all forms of user promotions and incentives. With Gamelancer, we can now offer their massive audience a new way to redeem Gamelancer points for our free sports betting and iGaming experience. In addition to converting points to Gambit Tokens, all Gambit users will also be able to redeem Gambit Prize Tokens for Gamelancer points, extending our options for how to claim winnings. Together, our gamified loyalty experience and Gamelancer's social gaming network are perfect complements" said Richard Pistilli, Founder & CEO of Gambit Rewards.
Gambit is a regulator-approved customer network that offers a groundbreaking approach to both online gaming and loyalty programs. Gambit free-to-play gift cards, now available in 48 of the 50 states, are offered as a point redemption option through participating loyalty sites. Effectively, Gambit converts brand rewards points into risk-free play for online gaming and sports betting. In April, Gambit announced a major strategic partnership with Bally's Corp. to further enhance its branding and gaming platform.
"Gamelancer is thrilled to add Gambit as a flagship partner to Rewarded, our loyalty and rewards marketplace. Gambit is an industry leader in the development of consumer rewards programs that enable users to play free games and win real cash prizes. Gamelancer's unparalleled social media reach within the GenZ gaming community will augment this exciting venture and add a world-class loyalty and rewards operator to our ever-expanding offerings to our fans." said Mike Cotton, President & COO of Gamelancer.
Launched in 2019 as a solution for gamifying rewards programs, Gambit offers fans a new way to engage with the high-growth vertical of online gaming and sports betting. Users can play for actual cash winnings, cryptocurrencies, charitable contributions, and other prizes, without risking any real money. This system offers more choices for consumers and unlocks some of the US $100B of cumulative value that is trapped in unused loyalty points. All activity is centralized at gambitrewards.com, creating a single hub for Loyalty Gaming across the entire rewards landscape.
Gambit is a regulator-approved consumer network that integrates loyalty programs with online gaming & sports betting in America. Part of Snipp Interactive Inc. (TSXV: SPN); (OTCPK: SNIPF), Gambit's platform enables consumers to convert unused loyalty points from across rewards programs into digital play tokens, which can then be used to collect real cash rewards or other prizes from free-to-play games. For more information, visit www.gambitrewards.com
Acquired by Wondr Gaming, Gamelancer Gaming Corp. is a growing mobile-focused social media network in gaming - generating over 1 billion monthly video views across its 27 owned and operated channels. With over 28,000,000 followers on TikTok, Instagram, and Snapchat, predominantly located in the US, Canada, the UK, and Australia, Gamelancer sells direct and programmatic media across its network to the world's largest brands. With advanced user data analytics, we provide our audience curated content relevant to the GenZ & Millennial gaming community, which allows brands unparalleled access to the largest media inventory in gaming across TikTok, Instagram, and Snapchat. Gamelancer also monetizes across its variety of Snapchat Discover channels with monthly recurring revenue in partnership with Snapchat. www.Gamelancer.com
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
This news release contains forward–looking statements and forward–looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward–looking statements or information. More particularly and without limitation, this news release contains forward–looking statements and information relating to the future business of the Company, the potential of the Company's products and services, further business from the Company's clients, industry outlook and potential and other matters. The forward–looking statements and information are based on certain key expectations and assumptions made by management of the Company. Although management of the Company believes that the expectations and assumptions on which such forward-looking statements and information are based are reasonable, undue reliance should not be placed on the forward–looking statements and information since no assurance can be given that they will prove to be correct.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward–looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. Accordingly, readers should not place undue reliance on the forward–looking statements and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive. The forward–looking statements and information contained in this news release are made as of the date hereof and no undertaking is given to update publicly or revise any forward–looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
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SOURCE Gamelancer Gaming Corp. | https://www.kxii.com/prnewswire/2022/06/06/gambit-rewards-partners-with-largest-gen-z-social-gaming-network-gamelancer/ | 2022-06-06T11:21:13Z |
CLEVELAND, Aug. 10, 2022 /PRNewswire/ -- Hyster-Yale Materials Handling, Inc. (NYSE: HY) announced today that the Board of Directors declared a regular cash dividend of 32.25 cents per share. The dividend is payable on both the Class A and Class B Common Stock and will be paid September 15, 2022 to stockholders of record at the close of business on September 1, 2022.
About Hyster-Yale Materials Handling, Inc.
Hyster-Yale Materials Handling, Inc., headquartered in Cleveland, Ohio, offers a broad array of solutions to meet the specific materials handling needs of customers' applications. The Company's wholly owned operating subsidiary, Hyster-Yale Group, Inc., designs, engineers, manufactures, sells and services a comprehensive line of lift trucks and aftermarket parts marketed globally primarily under the Hyster® and Yale® brand names. Subsidiaries of Hyster-Yale include Bolzoni S.p.A., a leading worldwide producer of attachments, forks and lift tables marketed under the Bolzoni®, Auramo® and Meyer® brand names, and Nuvera Fuel Cells, LLC, an alternative-power technology company focused on fuel cell stacks and engines. Hyster-Yale also has significant joint ventures in Japan (Sumitomo NACCO) and in China (Hyster-Yale Maximal). For more information about Hyster-Yale and its subsidiaries, visit the Company's website at www.hyster-yale.com.
*****
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SOURCE Hyster-Yale Materials Handling, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/10/hyster-yale-materials-handling-declares-quarterly-dividend/ | 2022-08-10T23:04:05Z |
NEW YORK, July 18, 2022 /PRNewswire/ -- Stroock is expanding its Restructuring and Bankruptcy practice with a team from Luskin, Stern & Eisler, a Chambers-ranked boutique firm focused on restructuring and bankruptcy. The attorneys will be based in Stroock's New York office.
The team includes partners Richard Stern, Matthew O'Donnell, Alex Talesnick, and Stephan Hornung, senior counsel Michael Luskin, and associate Genna Grossman. Richard Stern will join Stroock partner Jeffrey Lowenthal as Co-Chair of Stroock's Restructuring and Bankruptcy Group.
"A key goal has been the acquisition of additional restructuring and bankruptcy firepower that represents banks and financial institutions, positioning us to serve a strategically important sector ahead of the widely anticipated acceleration of the restructuring cycle," said Alan M. Klinger, Stroock Co-Managing Partner. "Importantly, each of these attorneys is substantively strong and has the personality to foster relationships within the firm, support business development efforts and attract and retain top partners and associates. This is a great match, and we are terrifically excited to welcome the group to Stroock."
The team is well-known for providing top-quality representation to financial institutions in restructurings, bankruptcy matters, creditors' rights litigation, and financing transactions in the United States, as well as in cross-border matters spanning Latin America, Canada, and Europe. The practice represents more than 20 leading financial institutions as well as Fortune 500 companies, Chapter 11 trustees and court-appointed examiners.
Stroock's current Restructuring and Bankruptcy practice has extensive experience representing sophisticated financial institutions as well as creditors, equity holders and new money investors and lenders in complex bankruptcy matters. The team is also one of the few groups that advises on the interplay between insolvency and commodities and derivatives matters. Encompassing tax, debt finance and litigation practitioners, the team devises creative solutions to transition distressed companies into recovery and deploys targeted and high-impact litigation strategies, often involving ground-breaking areas of the law, to help clients with multidimensional negotiations.
"Stroock's long history and reputation for excellence in restructuring is well known to our team," Richard Stern said. "Stroock understands the nature of restructuring practice and knows how to cultivate it. And the firm's strong and cohesive culture will foster the continued success that we've enjoyed as a boutique. Opportunities abound to collaborate with current practice partners as well as partners from across the firm to provide our clients the full range of legal services as well as to lend our expertise to Stroock's institutional relationships."
About the Attorneys
Richard Stern has practiced bankruptcy law for over 35 years. He regularly represents financial institutions in out-of-court workouts, restructurings, bankruptcy proceedings and lending transactions with an emphasis on complex financial restructurings and has been appointed as a fiduciary in several bankruptcy matters. His recent focus has been assisting lenders with unique issues in workouts and insolvencies in the energy, travel, healthcare, retail, and hedge fund industries.
Michael Luskin focuses on bankruptcy and other litigation, enforcing a creditor's rights under the Bankruptcy Code or defending a creditor against "lender liability," fraudulent conveyance or preference claims brought by a creditors' committee or bankruptcy trustee. He also has substantial experience representing creditors in loan restructurings and out-of-court workouts and representing trustees and examiners in cases presenting complex litigation issues.
Matthew O'Donnell represents financial institutions in all types of loan restructurings, out-of-court workouts, bankruptcy proceedings and lending transactions including domestic and cross-border commodity financing transactions, asset-based loans, leveraged financing transactions, aircraft and other equipment financings.
Alex Talesnick represents financial institutions in out-of-court workouts, restructurings, and bankruptcy proceedings and on asset-based and leveraged financing transactions. Alex regularly advises agents, lenders, and hedge providers on complex financial restructurings, and has substantial experience in all aspects of bankruptcy proceedings.
Stephan E. Hornung represents financial institutions and other creditors in commercial litigation in state and federal courts, including bankruptcy courts, across the country.
Genna Grossman represents financial institutions in many types of finance transactions including asset-based loans, real estate financing, leveraged transactions, loan restructurings, workouts and bankruptcy proceedings.
About Stroock
Stroock provides strategic transactional, regulatory, and litigation advice to advance the business objectives of leading financial institutions, multinational corporations, and entrepreneurial businesses in the U.S. and globally. With a rich history dating back over 145 years, the firm has offices in New York, Los Angeles, Miami, and Washington, D.C. For more, visit www.stroock.com.
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SOURCE Stroock & Stroock & Lavan LLP | https://www.mysuncoast.com/prnewswire/2022/07/18/stroock-adds-restructuring-bankruptcy-group-new-york/ | 2022-07-18T14:50:09Z |
HOMEWOOD, Ala. (AP) — Republican Senate hopefuls made last-minute pitches to primary voters Monday in the tight race for the GOP nomination for seat being vacated by retiring Sen. Richard Shelby.
The three leading candidates in Tuesday’s primary — U.S. Rep. Mo Brooks, former Shelby aide Katie Britt and veteran Mike Durant — concentrated their efforts in Republican strongholds in north Alabama, attempting to sway undecided primary voters and combat a flurry of negative attack ads in the race.
The fractured field increases the chances the primary will go to a June 21 runoff, which will be required unless a single candidate captures more than 50% of the vote.
Brooks planned a rally in Huntsville with Texas Sen. Ted Cruz as he seeks to overcome former President Donald Trump‘s harsh criticisms and decision to rescind his endorsement.
Durant, running on his status as a military veteran and business owner without political experience, received a folded U.S. flag from supporter Ashlie Combs during a stop at a barbecue restaurant in the Birmingham suburb of Homewood.
“I’m in it the for the right reason. I’m in it to serve,” Durant said. “I’m not in it because I’ve aspired to be this my whole life. In fact, I don’t like politics. But we need people like me in Washington.”
Before leading the Business Council of Alabama, Britt served as chief of staff to Shelby, one the Senate’s most senior members and a traditional Republican known for his ability to bring home federal projects and funding to his home state.
Brooks sought a resurgence after a war of words with Trump, who has not endorsed another candidate since withdrawing his backing in March after their relationship soured.
Trump cited Brooks’ languishing performance and accused the conservative congressman of going “woke” for saying it was time to move on from the 2020 presidential outcome and focus on upcoming elections. Brooks said Trump was trying to get him to illegally rescind the election.
Brooks, a six-term congressman from north Alabama, is banking on his long history with Alabama voters to overcome his feud with Trump.
“If you’re a conservative Republican I would submit to you that I’m the only proven conservative in this race. With me there is no rolling the dice to determine how I’m going to go on major public policy issues,” Brooks said at an earlier campaign event, urging people to look up his ratings from the National Rifle Association, Heritage Action and other groups.
Britt planned an afternoon event in Cullman. Before leading the Business Council of Alabama, Britt served as chief of staff to Shelby, one the Senate’s most senior members and a traditional Republican known for his ability to bring home federal projects and funding to his home state.
Britt said while her experience would allow he to “hit the ground running” she would bring a fresh perspective to Washington.
“People want new blood, they want fresh blood. They want something different in the United States Senate. They want that from the top down,” Britt said in an earlier interview with The Associated Press.
Lillie Boddie of Florence, small business owner Karla M. Dupriest of Mobile and Jake Schafer also are on the ballot. | https://cw33.com/news/ap-top-headlines/tough-gop-race-for-shelby-seat-in-alabama-closes-with-flurry/ | 2022-05-24T19:24:41Z |
The Foundation is Supporting Initiatives to Help Smallholder Farmers Transition Away from Tobacco to More Sustainable and Environmentally Friendly Agricultural Alternatives and Livelihoods
NEW YORK, May 30, 2022 /PRNewswire/ -- More than one billion individuals still smoke combustible cigarettes, with dire consequences for individual health and our global environment. More needs to be done to address this threat. Agricultural and tobacco harm reduction innovations offer hope and new options to reduce tobacco's carbon footprint, its overall negative impact on the environment, as well as help for smokers to quit combustible cigarettes.
On this World No Tobacco Day (May 31), the Foundation for a Smoke-Free World reaffirms its charitable mission to end smoking in this generation and its commitment to partner with agricultural, rural development, smallholder representatives and others to help identify and sustain alternative livelihoods for tobacco farmers in Malawi with the assistance of its affiliate, the Agricultural Transformation Initiative (ATI).
Malawi is one of the largest tobacco-producing countries in the world. In 2018, tobacco exports accounted for nearly 68% of the country's total merchandise export earnings, rendering it one of the most – if not the most – economically tobacco-dependent countries in the world.
The day-to-day work and exposure associated with tobacco farming are harmful to the health of Malawian farmers as well as the surrounding environment. The Foundation is funding grants in this country to achieve the following charitable aims:
- Increased and more secure income streams, improved food security status, and better overall health for smallholder farmers, their families, and their communities
- Increased knowledge and application of cutting-edge agricultural science and technology
- Reduced economic dependence on tobacco and increased resilience for smallholder farmers
- Reduced environmental degradation due to tobacco cultivation
"The economic, environmental and health impacts of tobacco farming are acutely felt in Malawi, which is why we are focusing our efforts on giving the country's smallholder farmers the tools to diversify into other competitive and sustainable agricultural alternatives," said Candida Nakhumwa, Vice President and Malawi Country Director, Foundation for a Smoke-Free World. "Malawi's dependency on tobacco has led to deforestation, land degradation and loss of biodiversity. These are devasting consequences that must be addressed."
"Tobacco's environmental impact in Malawi has been significant, and addressing this issue is an important part of the Centre for Agricultural Transformation's (CAT's) work," said Macleod Nkhoma, CAT Executive Director. "We are collaborating with partners to help smallholder farmers diversify away from tobacco to other alternative value chains, including proven yield enhancing and environmentally sustainable technologies. The CAT remains positive that promotion of irrigation and greenhouse technologies will not only entice farmers to produce high value horticultural crops throughout the year but also support the development of a more sustainable environmental ecosystem in the country."
The CAT is funded by a Foundation for a Smoke-Free World grant.
The Foundation for a Smoke-Free World commends the ongoing efforts of the WHO and World No Tobacco Day to raise awareness and push for lasting change. Tobacco production has negative consequences on the environment, and the Foundation is addressing this challenge as it works toward its ultimate mission to end smoking in this generation.
ABOUT FOUNDATION FOR A SMOKE-FREE WORLD
The Foundation for a Smoke-Free World is an independent, US nonprofit 501(c)(3) private foundation with the purpose of improving global health by ending smoking in this generation. The Foundation supports its mission through three broad categories of work: Health and Science Research; Agricultural Diversification; and Industry Transformation. Funded by annual gifts from PMI Global Services Inc. ("PMI"), the Foundation is independent from PMI and operates in a manner that ensures its independence from the influence of any commercial entity. Under the Foundation's Pledge Agreement with PMI and bylaws, PMI and the tobacco industry are precluded from having any control or influence over how the Foundation spends its funds or focuses its activities. For more information about the Foundation, please visit www.smokefreeworld.org.
Contact:
Nicole Bradley
Foundation for a Smoke-Free World
Nicole.bradley@smokefreeworld.org
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SOURCE Foundation for a Smoke-Free World | https://www.wibw.com/prnewswire/2022/05/30/world-no-tobacco-day-foundation-smoke-free-world-highlights-efforts-reduce-environmental-impact-tobacco/ | 2022-05-30T11:55:22Z |
House approves bill to help West fight wildfires, drought
WASHINGTON (AP) — The House on Friday approved wide-ranging legislation aimed at helping communities in the West cope with increasingly severe wildfires and drought — fueled by climate change — that have caused billions of dollars of damage to homes and businesses in recent years.
The measure combines 49 separate bills and would increase firefighter pay and benefits; boost resiliency and mitigation projects for communities affected by climate change; protect watersheds; and make it easier for wildfire victims to get federal assistance.
“Across America the impacts of climate change continue to worsen, and in this new normal, historic droughts and record-setting wildfires have become all too common,’’ said Rep. Joe Neguse, D-Colo., the bill’s chief co-sponsor.
Colorado has suffered increasingly devastating wildfires in recent years, including the Marshall fire last year that caused more than $513 million in damage and destroyed nearly 1,100 homes and structures in Boulder County.
“What once were wildfire seasons are now wildfire years. For families across the country who have lost their homes due to these devastating wildfires and for the neighborhoods impacted by drought, we know that we need to apply a whole-of-government approach to support community recovery and bolster environmental resiliency,” Neguse said. “This is a bill that we believe meets the moment for the West.”
The bill was approved, 218-199, as firefighters in California battled a blaze that forced evacuation of thousands of people near Yosemite National Park and crews in North Texas sought to contain another fire.
It now goes to the Senate, where Sen. Dianne Feinstein, D-Calif., has sponsored a similar measure.
Both the House and Senate bills would permanently boost pay and benefits for federal wildland firefighters. President Joe Biden signed a measure last month giving them a hefty raise for the next two years, a move that affects more than 16,000 firefighters and comes as much of the West braces for another difficult wildfire season.
Pay raises for the federal firefighters had been included in last year’s $1 trillion infrastructure bill, but the money was held up as federal agencies studied recruitment and retention data to decide where to deliver them. The raise approved by Biden was retroactive to Oct. 1, 2021, and expires Sept. 30, 2023.
The House bill would make the pay raises permanent and sets minimum pay for federal wildland firefighters at $20 per hour, or nearly $42,000 a year. It also raises eligibility for hazardous-duty pay and boosts mental health and other services for firefighters. The bill is named after smokejumper Tim Hart, who died fighting a wildfire in New Mexico last year.
“The West is hot — hotter than ever — it is dry and when it is windy, the West is on fire,’’ said Rep. Kim Schrier, D-Wash. “And we are seeing this every year because of climate change. That’s why this bill is so important.’’
House Speaker Nancy Pelosi, D-Calif., called the bill “a major victory for Californians — and for the country.’’ The Oak Fire, the largest wildfire so far this year, “is ravaging our state,’’ she said. “At the same time, countless of our communities regularly suffer lack of rainfall that can kill crops and further fuel fires.”
The House bill would deliver “urgently needed resources” to combat fires and droughts, “which will only increase in frequency and intensity due to the climate crisis,’’ Pelosi said.
Republicans denounced the measure as “political messaging,” noting that firefighters’ hourly pay has already been increased above $20 in most cases. The House bill does not appropriate additional money for the Forest Service or other agencies, and without such an increase, the Forest Service says it would have to lay off about 470 wildland firefighters.
Rep. Bruce Westerman of Arkansas, the top Republican on the House Natural Resources Committee, called it “egregious” that Democrats would seek to enact provisions that could lead to firefighter layoffs in the midst of a devastating wildfire season.
“Democrats are finally waking up to the wildfire and drought crises, exacerbated by years of forest mismanagement and a lack of long-term water storage. Unfortunately, Democrats’ proposals are anything but solutions,’’ Westerman said. He accused Democrats of failing to follow science showing the need to manage forests before fires begin, and said Democrats “fail to construct the kind of long-term infrastructure needed to make communities resilient to drought’' while prioritizing “liberal talking points” about climate change.
Neguse called that accusation outrageous and noted that many of the bills included in the wildfire/drought legislation are Republican proposals.
House Majority Leader Steny Hoyer, D-Md., said the bill was important to the whole country — not just the West, where wildfires and drought are a daily reality.
“We are one nation indivisible and if one part of us is burning, we are all burning,” Hoyer said.
Besides boosting firefighter pay, the bill enhances forest management projects intended to reduce hazardous fuels such as small trees and underbrush that can make wildfires far more dangerous. It also establishes grant programs to help communities affected by air pollution from wildfires and improve watersheds damaged by wildfire.
Republicans called the thinning projects — which also include prescribed burns and removal of vegetation — meaningless without waivers of lengthy environmental reviews that can delay forest treatment by years.
The White House said in a statement that it supports efforts to address climate change, wildfires and drought, but wants to “work with the Congress to ensure the many provisions in the (bill) avoid duplication with existing authorities and administration efforts.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/30/house-approves-bill-help-west-fight-wildfires-drought/ | 2022-07-30T01:23:02Z |
State-of-the-Art Solution uses Data Tailored to each Patient's Anatomy
DOWNERS GROVE, Ill., Aug. 3, 2022 /PRNewswire/ -- As more people seek ways to stay active, healthy, and mobile, Duly Health and Care today announced the availability of advanced digital robotic technology at Duly Surgery Center Westmont.
According to the American Academy of Orthopedic Surgeons, more than one in two adults—124 million Americans over the age of 18, reported a musculoskeletal medical condition. That exceeds the next two most common health conditions: circulatory conditions (such as heart disease, stroke, and hypertension) and respiratory conditions (such as emphysema and chronic asthma).
"This is the latest technology available for us to ensure our patients are getting the very best when it comes to joint replacement surgery," said Anthony Romeo, MD, Executive Vice President and orthopedic surgeon for Duly Health and Care. "The robotic technology will help our orthopedic surgeons perform joint replacement with more precision, consistency, and accuracy resulting in better health outcomes so patients can return to the activities they enjoy."
The VELYS™ Robotic-Assisted Solution helps surgeons perform a knee replacement with the use of data that is tailored to each patient's anatomy. It is designed to help ensure predictable results to improve health outcomes, increase mobility, and help patients recover faster.
"With the data from this technology, we will be able to correlate measurements with patient recovery and outcomes and learn more about how to continue to deliver the best care," added Dr. Romeo.
Duly Surgery Center Westmont, located at 815 Pasquinelli Drive, is an advanced Ambulatory Surgical Center (ASC) dedicated to providing outpatient orthopedic and spine surgery procedures. Board-certified orthopedic surgeons at the ASC are trained in the latest surgical advancements, such as total joint replacement surgeries, spine surgeries and sports medicine-related procedures. Click here to learn more about the ASC.
About Duly Health and Care
Duly Health and Care is one of the largest independent, multi-specialty physician-directed medical group in the nation with more than 1,000 primary care and specialty care physicians and more than 7,000 team members, in over 150 locations. The organization is wholly dedicated to helping all it serves flourish by challenging the expected to deliver the extraordinary in health and care.
Duly Health and Care physicians and team members support individuals in their personal health journeys each year, helping each one to meet their extraordinary potential through a holistic care delivery model designed to make health and care welcoming, simplified, and personalized.
For more information, visit www.dulyhealthandcare.com.
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SOURCE Duly Health and Care | https://www.mysuncoast.com/prnewswire/2022/08/03/digital-robotic-technology-knee-replacement-surgery-available-duly-health-care-patients/ | 2022-08-03T16:12:57Z |
BUENOS AIRES, Argentina, April 12, 2022 /PRNewswire/ -- Empresa Distribuidora y Comercializadora Norte S.A. ("Edenor" or the "Company") hereby announces the commencement of its offer to exchange (the "Offer" or the "Exchange Offer") any and all of its outstanding 9.75% Senior Notes due 2022 (the "Existing Notes") for the applicable amount of newly issued 9.75% Senior Notes due 2025 (the "New Notes") and cash, as applicable, upon the terms and subject to the conditions set forth in the exchange offer memorandum, dated April 12, 2022 (the "Exchange Offer Memorandum"). Capitalized terms not defined herein shall have the meaning ascribed to them in the Exchange Offer Memorandum.
The Offer is only available to holders of Existing Notes who are (1) "Qualified Institutional Buyers" ("QIBs") as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), in a private transaction in reliance upon the exemption from the registration requirements of the Securities Act provided by Section 4(a)(2) thereof, or (2) persons other than "U.S. persons" (as defined in Rule 902 under Regulation S under the Securities Act, "U.S. Persons") outside the United States who are not acquiring New Notes for the account or benefit of a U.S. Person, in offshore transactions in reliance on Regulation S under the Securities Act, and who are non-U.S. Qualified Offerees (as defined in the Exchange Offer Memorandum), in each case, whose receipt and review of the Exchange Offer Memorandum, and participation in the Offer, is otherwise permitted under the laws and regulations of any jurisdiction applicable to them. Eligible Holders in Argentina are urged to read, must follow the procedures set forth in, and must rely exclusively on, the Argentine Exchange Offer Memorandum. Holders who desire to obtain and complete an electronic Eligibility Letter should visit the following website: https://bonds.morrowsodali.com/EdenorEligibility.
The following table sets forth certain information relating to the Exchange Offer:
(1) The Existing Notes are currently listed on the Luxembourg Stock Exchange and traded on its Euro MTF Market, are listed and traded on the BYMA (as defined below), through BCBA (as defined below) acting in accordance with the authority delegated by the BYMA to the BCBA, and are traded on the MAE (as defined below).
(2) Per U.S.$1,000 principal amount of Existing Notes validly tendered and accepted for exchange. The Exchange Consideration (as defined below) does not include the Accrued Interest Payment (as defined below).
(3) Holders of Existing Notes validly submitting Tender Orders in exchange for the Exchange Consideration (as defined below) under Option B will receive a combination of the Applicable Cash Consideration (as defined below) and the applicable Early New Notes Consideration or Late New Notes Consideration, as applicable. At the Expiration Date, the actual Early B Consideration or Late B Consideration, as applicable, to be received by each Eligible Holder whose Existing Notes are accepted in the Exchange Offer under Option B will be determined on the basis of the actual participation by Eligible Holders in the Exchange Offer and their selection between Option A and Option B.
(4) The Pro-Rata Cash Consideration that will be equivalent to the Cash Consideration divided by the principal amount of Existing Notes accepted under Option B times 1,000.
The Offer will expire at 5:00 p.m., New York City time, on May 9, 2022, unless extended by us in our sole discretion (such date and time, as the same may be extended, the "Expiration Date"). In order to be eligible to receive the Early Tender Consideration (as defined below), Eligible Holders of Existing Notes must submit their Tender Orders (as defined below) at or prior to 5:00 p.m. New York City time on April 28, 2022, unless extended by us in our sole discretion (such date and time, as the same may be extended, the "Early Tender Date"). Eligible Holders of Existing Notes who validly submit their Tender Orders after the Early Tender Date, but on or prior to the Expiration Date will be eligible to receive the Late Tender Consideration (as defined below). Tender Orders may be validly revoked at any time prior to 5:00 p.m., New York City time on May 9, 2022 unless extended by us in our sole discretion (such date and time, as the same may be extended, the "Withdrawal Date"), but not thereafter. The deadlines set by any intermediary or relevant clearing system may be earlier than these deadlines.
The terms and conditions of this Offer incorporate the helpful feedback received from select holders of Existing Notes.
Exchange Consideration
Eligible Holders of Existing Notes, for their Tender Orders validly submitted at or prior to the Expiration Date, may choose between two, mutually exclusive, consideration options, detailed in the table above, in the columns under the headings "Option A" and "Option B".
Tenders of Existing Notes under Option A
Tender Orders of Existing Notes submitted under Option A at or prior to the Early Tender Date will receive U.S.$1,050 principal amount of New Notes per U.S.$1,000 principal amount of Existing Notes validly tendered and accepted for exchange (the "Early A Consideration").
Eligible Holders of Existing Notes who validly submit a Tender Order under Option A after the Early Tender Date but at or prior to the Expiration Date will be eligible to receive, for each U.S.$1,000 principal amount of Existing Notes, U.S.$1,030 of New Notes (the "Late A Consideration").
Tenders of Existing Notes under Option B
Tender Orders of Existing Notes submitted under Option B at or prior to the Early Tender Date will receive a portion of the Cash Consideration (as defined below) (such portion, the "Early Cash Consideration"), plus the applicable Early New Notes Consideration (as defined below) (together with the Early Cash Consideration, the "Early B Consideration"). Tender Orders of Existing Notes submitted under Option B after the Early Tender Date but on or prior to the Expiration Date will receive a portion of the Cash Consideration (such portion, the "Late Cash Consideration"), plus the applicable Late New Notes Consideration (as defined below) (together with the Late Cash Consideration, the "Late B Consideration" and the Early Cash Consideration or the Late Cash Consideration, as the case may be, the "Applicable Cash Consideration").
The Cash Consideration is an aggregate amount equivalent to the lesser of (x) 30% of the principal amount of Existing Notes that are validly tendered and accepted for exchange in the Offer and (y) the principal amount of the Existing Notes accepted for exchange under Option B (the "Cash Consideration"). The Pro-Rata Cash Consideration that will be payable to Eligible Holders whose Existing Notes are accepted for exchange in this Option B will be equivalent to the Cash Consideration divided by the principal amount of Existing Notes accepted under Option B times 1,000 (the "Pro-Rata Cash Consideration").
The Early New Notes Consideration for each Eligible Holder whose Existing Notes are accepted for exchange under Option B will be equal to 1.04 times the difference between U.S.$1,000 and the Pro-Rata Cash Consideration received by each such Eligible Holder. The Late New Notes Consideration for each Eligible Holder whose Existing Notes are accepted for exchange under Option B will be equal to 1.02 times the difference between U.S.$1,000 and the Pro-Rata Cash Consideration received by each such Eligible Holder. Accordingly, the actual amounts of Early New Notes Consideration or Late New Notes Consideration and Applicable Cash Consideration comprising the Early B Consideration or the Late B Consideration, respectively, to be received by each Eligible Holder whose Existing Notes are accepted in the Offer under Option B, will depend on the actual participation by Eligible Holders in the Offer and their selection between Option A and Option B.
The composition of the Early B Consideration or Late B Consideration between Cash Consideration and Early New Notes Consideration or Late New Notes Consideration will be determined on the Expiration Date.
A separate Tender Order must be submitted on behalf of each beneficial owner.
Accrued Interest
In addition to the Exchange Consideration, Eligible Holders whose Existing Notes are accepted for exchange in the Exchange Offer will also receive all accrued and unpaid interest (rounded to the nearest cent U.S.$0.01) from the last interest payment date to, but not including, the Settlement Date (as defined below) (such payment, the "Accrued Interest Payment"), to be paid in cash on the Settlement Date.
The Settlement Date is expected to be May 12, 2022.
New Notes
Principal of the New Notes will mature on May 12, 2025. The New Notes will bear interest at 9.75% per year, payable semi-annually in arrears on May 12 and November 12 of each year, commencing on November 12, 2022.
The Condition
We will not be required to consummate the Offer, and we may terminate the Offer or, at our option, withdraw, modify, extend or otherwise amend the Offer at any time prior to or concurrently with the expiration of the Offer, as extended for any reason in our sole discretion, including without limitation, if the following condition has not been satisfied or waived (in our sole discretion): no order, statute, rule, regulation, executive order, stay, decree, judgment or injunction shall have been proposed, enacted, entered, issued, promulgated, enforced or deemed applicable by any court or governmental, regulatory or administrative agency or instrumentality, that prohibits, prevents, restricts or delays consummation of the Offer.
Foreign exchange regulations currently prevent us from accessing the foreign exchange market to repay the full outstanding principal under the Existing Notes. Therefore, if we are unable to consummate the Exchange Offer, we may not be able to repay our debt in whole or in part under the Existing Notes at maturity.
If and when issued, the New Notes will not be registered under the Securities Act or the securities laws of any other jurisdiction except that the CNV has authorized the public offering of the Program and the notes issued thereunder, pursuant to Resolution No. 20,503 dated October 23, 2019, and Resolution No. DI-2022-4APN-GE#CNV dated April 8, 2022. The public offering of the New Notes in Argentina is included within the public offering authorization granted by the CNV to the Program, in accordance with Section 41, Title II, Chapter V, Section VIII of the CNV Rules. Therefore, the New Notes may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and any applicable state securities laws.
Morrow Sodali Limited will act as the Exchange and Information Agent for the Offer. Questions or requests for assistance related to the Offer or for additional copies of the Offer Documents may be directed to the Exchange and Information Agent (email: Edenor@investor.morrowsodali.com; Tel: +1 203 609 4910 (Stamford); Tel: +44 20 4513 6933 (London). You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offer. The Offer Documents are available for Eligible Holders at the following Eligibility Letter Website: https://bonds.morrowsodali.com/EdenorEligibility.
BofA Securities, Inc. and BCP Securities, Inc. are acting as dealer managers for the Offer outside Argentina.
Global Valores S.A. will act as Argentine Dealer Manager for the Offer in Argentina. Questions or requests for assistance related to the Offer in Argentina may be directed to the Argentine Dealer Manager (email: capitalmarkets@globalvalores.com.ar; Tel.: (5411) 5235 1232 (Argentina).
Subject to applicable law, the Offer may be amended in any respect, extended or, upon failure of a condition to be satisfied or waived or terminated at any time and for any reason prior to the Expiration Date. We reserve the right to amend, at any time, the terms of the Offer (including, without limitation, the conditions thereto) in accordance with applicable law. We will give Eligible Holders notice of any amendments and will extend the Expiration Date if required by applicable law.
Eligible Holders of Existing Notes are advised to check with any bank, securities broker or other intermediary through which they hold Existing Notes as to when such intermediary would need to receive instructions from an Eligible Holder in order for that Eligible Holder to be able to participate in, or withdraw their instruction to participate in, the Offer before the deadlines specified in the Offer Documents. The deadlines set by any such intermediary for the submission of instructions will be earlier than the relevant deadlines specified above.
Important Notice
This announcement is not an offer of securities for sale in the United States, and none of the New Notes has been or will be registered under the Securities Act or any state securities law (other than Argentina, where the public offering of the New Notes is included within the public offering authorization granted by the CNV to the Program, in accordance with Section 41, Title II, Chapter V, Section VIII of the CNV Rules.). The CNV's authorization means only that the information requirements of the CNV have been satisfied. The CNV has not rendered any opinion in respect of the accuracy of the information contained in the Exchange Offer Memorandum or the Argentine Exchange Offer Memorandum, and has not issued an opinion about the Exchange Consideration to be received pursuant the terms of the Exchange Offer.
The New Notes may not be offered or sold within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. This press release does not constitute an offer of the New Notes for sale, or the solicitation of an offer to buy any securities, in any state or other jurisdiction in which any offer, solicitation or sale would be unlawful. None of the Company, the Dealer Managers, the Argentine Dealer Manager, the Exchange and Information Agent, the Trustee, the representative of the Trustee in Argentina, the Paying Agents, the Registrars, the Transfer Agents, the Luxembourg Listing Agent or their respective directors, employees and affiliates makes any recommendation whatsoever regarding the Offer or any recommendation as to whether Eligible Holders should tender or refrain from tendering their Existing Notes for exchange pursuant to the Offer. Accordingly, any person considering participating in the Offer or making an investment decision relating to the New Notes must inform itself independently based solely on the Exchange Offer Memorandum (and, to the extent applicable, the Argentine Exchange Offer Memorandum and ancillary local offering documents in Argentina) to be provided to Eligible Holders in connection with the Offer before taking any such investment decision.
This announcement is directed only to Eligible Holders. No offer of any kind is being made to any beneficial owner of Existing Notes who does not meet the above criteria or any other beneficial owner located in a jurisdiction where the Offer is not permitted by law.
The distribution of materials relating to the Offer may be restricted by law in certain jurisdictions. The Offer is void in all jurisdictions where they are prohibited. If materials relating to the Offer come into your possession, you are required to inform yourself of and to observe all of these restrictions. The materials relating to the Offer, including this communication, do not constitute, and may not be used in connection with, an offer in any place where offers are not permitted by law. If a jurisdiction requires that the Offer be made by a licensed broker or dealer and a dealer manager or any affiliate of a dealer manager is a licensed broker or dealer in that jurisdiction, the Offer shall be deemed to be made by the dealer managers or such affiliate on behalf of the Company in that jurisdiction.
Forward-Looking Statements
All statements in this press release, other than statements of historical fact, are forward-looking statements. Specifically, the Company cannot assure you that the proposed transactions described above will be consummated on the terms currently contemplated, if at all. These statements are based on expectations and assumptions on the date of this press release and are subject to numerous risks and uncertainties which could cause actual results to differ materially from those described in the forward-looking statements. Risks and uncertainties include, but are not limited to, market conditions, and factors over which the Company has no control. The Company assumes no obligation to update these forward-looking statements, and does not intend to do so, unless otherwise required by law.
Note to Eligible Holders in the European Economic Area - Prohibition of sales to EEA Retail Investors – The New Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area ("EEA"). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, "MiFID II"); or (ii) a customer within the meaning of Directive (EU) 2016/97 (as amended, the "Insurance Distribution Directive"), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Regulation (EU) 2017/1129 (as amended, the "Prospectus Regulation"). Consequently, no key information document required by Regulation (EU) No 1286/2014 (as amended, the "PRIIPs Regulation") for offering or selling the New Notes or otherwise making them available to retail investors in the EEA has been prepared and therefore offering or selling the New Notes or otherwise making them available to any retail investor in the EEA may be unlawful under the PRIIPs Regulation.
Note to Eligible Holders in the United Kingdom - Prohibition of sales to UK Retail Investors – The New Notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the United Kingdom ("UK"). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 ("EUWA"); (ii) a customer within the meaning of the provisions of the Financial Services and Markets Act 2000 (as amended, the "FSMA") and any rules or regulations made under the FSMA to implement Directive (EU) 2016/97, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA; or (iii) not a qualified investor as defined in Article 2 of Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the EUWA (the "UK Prospectus Regulation"). Consequently, no key information document required by Regulation (EU) No 1286/2014 as it forms part of domestic law by virtue of the EUWA (the "UK PRIIPs Regulation") for offering or selling the New Notes or otherwise making them available to retail investors in the UK has been prepared and therefore offering or selling the New Notes or otherwise making them available to any retail investor in the UK may be unlawful under the UK PRIIPs Regulation.
In the UK, this Exchange Offer Memorandum and any other material in relation to the New Notes described herein are being distributed only to, and are directed only at, persons who are "qualified investors" (as defined in the UK Prospectus Regulation) who are (i) persons having professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the "Order"), or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order, or (iii) persons to whom it would otherwise be lawful to distribute them, all such persons together being referred to as "Relevant Persons". In the UK, the New Notes are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire the New Notes will be engaged in only with, Relevant Persons. This Exchange Offer Memorandum and its contents are confidential and should not be distributed, published or reproduced (in whole or in part) or disclosed by any recipients to any other person in the UK. Any person in the UK that is not a Relevant Person should not act or rely on this Exchange Offer Memorandum or its contents.
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SOURCE Edenor (Empresa Distribuidora y Comercializadora Norte S.A.) | https://www.kxii.com/prnewswire/2022/04/12/empresa-distribuidora-y-comercializadora-norte-sa-edenor-announces-commencement-exchange-offer-relating-its-outstanding-senior-notes-due-2022/ | 2022-04-12T22:43:50Z |
After rare playoff appearance, Randle, Knicks take step back
By BRIAN MAHONEY
AP Basketball Writer
NEW YORK (AP) — Julius Randle wasn’t quite as good. The New York Knicks weren’t nearly as good. A rare playoff appearance in 2021 was followed by the familiar struggles in New York, where the Knicks went 37-45 in Tom Thibodeau’s second season as coach. They don’t deny the disappointment but insist things aren’t that bad. The Knicks went 41-31 last season, finishing fourth in the Eastern Conference. Thibodeau was voted Coach of the Year and Randle the Most Improved Player. They hoped to come back even better. Instead, they fell all the way to 11th in the East. | https://localnews8.com/sports/ap-national-sports/2022/04/11/after-rare-playoff-appearance-randle-knicks-take-step-back/ | 2022-04-11T19:07:57Z |
THE WOODLANDS, Texas, June 21, 2022 /PRNewswire/ -- Earthstone Energy, Inc. (NYSE: ESTE) ("Earthstone") today announced that President and CEO, Robert J. Anderson, will participate in a fireside chat with Jeff Robertson of Water Tower Research at 2:00 p.m. Eastern Time on Wednesday, June 22, 2022.
Robert will give an update of Earthstone's operations, integration efforts on its newly acquired assets and discuss the Company's overall corporate strategy going forward.
Investors who are interested in listening may register through Water Tower Research using the following link: https://globalmeet.webcasts.com/starthere.jsp?ei=1553072&tp_key=287f94afd7
About Earthstone Energy, Inc.
Earthstone Energy, Inc. is a growth-oriented, independent energy company engaged in acquisitions and the development and operation of oil and natural gas properties. Its primary assets are located in the Permian Basin of west Texas and New Mexico. Earthstone is listed on the New York Stock Exchange under the symbol "ESTE." For more information, visit Earthstone's website at www.earthstoneenergy.com.
Contacts
Scott Thelander
Vice President of Finance
281-298-4246 / scott@earthstoneenergy.com
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SOURCE Earthstone Energy, Inc. | https://www.kxii.com/prnewswire/2022/06/21/earthstone-energy-president-ceo-participate-fireside-chat-with-water-tower-research/ | 2022-06-21T10:50:37Z |
Pre-provision net revenue up 19% from the prior quarter and up 18% on an Adjusted basis*
ROTCE of 12.1% and Adjusted ROTCE of 14.2% with tangible book value per share of $10.18*
MEMPHIS, Tenn., July 19, 2022 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today reported second quarter net income available to common shareholders ("NIAC") of $166 million, or earnings per share of $0.29, compared with first quarter 2022 NIAC of $187 million, or earnings per share of $0.34.
Second quarter 2022 results were reduced by a net $29 million after-tax, or $0.05 per share, of notable items compared with a net $24 million, or $0.04 per share, in first quarter 2022. Excluding notable items, adjusted second quarter 2022 NIAC of $195 million, or $0.34 per share, decreased from $211 million, or $0.38 per share in first quarter 2022. Results reflect a $0.10 per share reduction tied to provision for credit losses as well as the impact of suspension of share repurchases and a 17.7 million increase in diluted shares following the first quarter 2022 preferred issuance related to the proposed TD transaction.
"Our results this quarter reflect strong net interest income and continued expense discipline which helped to mitigate the macroeconomic impact on our fixed income and wealth businesses and provision expense," said Chairman and Chief Executive Officer Bryan Jordan. "Our high-growth markets and specialty lending businesses delivered loan growth of four percent, before the impact of paycheck protection program and mortgage warehouse loans. With continued strong credit quality and a highly asset-sensitive balance sheet, we are well positioned for the future and remain confident in the power of the proposed transaction with TD Bank Group."
The second quarter 2022 earnings materials are available on https://ir.firsthorizon.com. In addition, the financial results and earnings presentation will be furnished on a Form 8-K that will be available on the Securities and Exchange Commission website at www.sec.gov.
Forward-Looking Statements
This document contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). Forward-looking statements pertain to FHN's beliefs, plans, goals, expectations, and estimates. Forward-looking statements are not a representation of historical information, but instead pertain to future operations, strategies, financial results, or other developments. Forward-looking statements can be identified by the words "believe," "expect," "anticipate," "intend," "estimate," "should," "is likely," "will," "going forward," and other expressions that indicate future events and trends.
Forward-looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, operational, economic, and competitive uncertainties and contingencies, many of which are beyond FHN's control, and many of which, with respect to future business decisions and actions (including acquisitions and divestitures), are subject to change and could cause FHN's actual future results and outcomes to differ materially from those contemplated or implied by forward-looking statements or historical performance. Examples of uncertainties and contingencies include those mentioned: in this document; in Items 2.02 and 7.01 of FHN's Current Report on Form 8-K to which this document has been filed as an exhibit; in the forepart, and in Items 1, 1A, and 7, of FHN's most recent Annual Report on Form 10-K, as amended; and in the forepart, and in Item 1A of Part II, of FHN's Quarterly Report(s) on Form 10-Q filed this year.
FHN assumes no obligation to update or revise any forward-looking statements that are made in this document or in any other statement, release, report, or filing from time to time.
Use of Non-GAAP Measures and Regulatory Measures that are not GAAP
Certain measures included in this report are "non-GAAP," meaning they are not presented in accordance with generally accepted accounting principles in the U.S. and also are not codified in U.S. banking regulations currently applicable to FHN. Although other entities may use calculation methods that differ from those used by FHN for non-GAAP measures, FHN's management believes such measures are relevant to understanding the financial condition, capital position, and financial results of FHN and its business segments. Non-GAAP measures are reported to FHN's management and Board of Directors through various internal reports.
The non-GAAP measures presented in this earnings release are fully taxable equivalent measures, core net interest income ("NII"), pre-provision net revenue ("PPNR"), loans and leases excluding paycheck protection program ('PPP") and/or Loans to Mortgage Companies ("LMC"), return on average tangible common equity ("ROTCE"), tangible common equity ("TCE") to tangible assets ("TA"), tangible book value ("TBV") per common share, and various consolidated and segment results and performance measures and ratios adjusted for notable items.
Presentation of regulatory measures, even those which are not GAAP, provide a meaningful base for comparability to other financial institutions subject to the same regulations as FHN, as demonstrated by their use by banking regulators in reviewing capital adequacy of financial institutions. Although not GAAP terms, these regulatory measures are not considered "non-GAAP" under U.S. financial reporting rules as long as their presentation conforms to regulatory standards. Regulatory measures used in this financial supplement include: common equity tier 1 capital ("CET1"), generally defined as common equity less goodwill, other intangibles, and certain other required regulatory deductions; tier 1 capital, generally defined as the sum of core capital (including common equity and instruments that cannot be redeemed at the option of the holder) adjusted for certain items under risk based capital regulations; and risk-weighted assets, which is a measure of total on- and off-balance sheet assets adjusted for credit and market risk, used to determine regulatory capital ratios.
Refer to the tabular reconciliation of non-GAAP to GAAP measures and presentation of the most comparable GAAP items beginning on page 21.
First Horizon Corp. (NYSE: FHN), with $85.1 billion in assets as of June 30, 2022, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, mortgage, and title insurance services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com.
*ROTCE, PPNR, Core net interest income (NII), tangible book value per share, loans and leases excluding PPP and/or LMC, and "Adjusted" results are Non-GAAP Financial Measures; NII, Total Revenue, NIM and PPNR are presented on a fully taxable equivalent basis; References to loans include leases and EPS are based on diluted shares; Capital ratios are preliminary. Please reference the second quarter 2022 earnings materials at https://ir.firsthorizon.com (News & Events | Events & Presentations) for a description of our use of Non-GAAP measures and a reconciliation of these measures to GAAP presentation.
Contact: Investor Relations, Ellen Taylor (901) 523-4450
Media Relations, Beth Ardoin, (337) 278-6868
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SOURCE First Horizon Corporation | https://www.wibw.com/prnewswire/2022/07/19/first-horizon-corporation-reports-second-quarter-2022-net-income-available-common-shareholders-166-million-or-eps-029-195-million-or-034-an-adjusted-basis/ | 2022-07-19T21:16:47Z |
The Lupus Research Alliance Teams Up with the NY Jets and LRA Founding Chair Ambassador Robert Wood Johnson IV for 20th Anniversary of National Walk Program
EAST RUTHERFORD, N.J., May 14, 2022 /PRNewswire/ -- The Lupus Research Alliance (LRA) brought together thousands of people to MetLife Stadium for the 2022 New Jersey Walk with Us to Cure Lupus to raise lupus awareness. The MetLife walk marked the 20th anniversary of the LRA's national Walk Program.
As Honorary Chair of the 2022 NJ Walk, Ambassador Robert Wood "Woody" Johnson inspired the crowd, highlighting the LRA's accomplishments and its vision for the future. Vice President of Community Relations for the New York Jets Jesse Linder introduced current team players who came out to champion the lupus cause including cornerback Michael Carter II, long snapper Tom Hennessy, punter Braden Mann, kicker Eddy Pineiro, and tight end CJ Uzomah. The program kicked off with a welcome by Brenda Blackmon, LRA Board Member and Emmy-Award winning broadcast journalist.
The mission of the Lupus Research Alliance is to fund breakthroughs in the treatment and cure for an autoimmune disease affecting millions worldwide, particularly women of color. Since its inception, the LRA has invested $220 million in promising lupus research – resulting in the validation or testing of more than a dozen potential therapies for lupus.
"Despite progress and promise in lupus research over the past two decades, much more needs to be done," said Ambassador Johnson. "I attended the first-ever New Jersey Walk 19 years ago, and I'm proud of how the community comes together each year to support people with lupus."
"We are making tremendous advances in research and excited to continue the momentum," commented Kenneth M. Farber, LRA President and CEO. "With new treatments for lupus and lupus nephritis, a serious form of lupus affecting the kidney, we certainly have a lot to celebrate. LRA is excited to once again host this Walk in-person this year. We thank the New York Jets for its long-standing support of the LRA's work."
The LRA greatly appreciates the support of all its sponsors, including corporate sponsors GSK, Johnson & Johnson, Robert Wood Johnson Foundation, Atlantic Health System, RWJBarnabas Health, PNC Bank, M&T Bank, New York Jets, and Wawa as well as pharma partners Aurinia Pharmaceuticals USA, Inc., Equillium and Genentech, A Member of the Roche Group. Special thanks go to the thousands of people contributing to finding better treatments and a cure. Because the LRA's Board of Directors covers all administrative and fundraising costs, 100 percent of donations goes directly to lupus research programs.
REGISTRATION: Participation in LRA's Walk program is free. Walk with Us to Cure Lupus is a major fundraising event, and everyone is encouraged to raise donations to support lupus research. Visit www.lupusresearch.org. Email Walks@LupusResearch.org for more information about the event.
The Walk with Us to Cure Lupus program is just one way to contribute to the lupus cause. Lupus Awareness Month marks the launch of the LRA's ManyOne Can Make a Difference movement, inviting the lupus community to get involved with the organization in a variety of ways. In addition to fundraising, people with lupus, friends and family are urged to visit LupusResearch.org to explore how to advocate for increased federal research dollars, raise disease awareness, and get involved in the clinical research process. Suggestions for fundraising range from shopping with AmazonSmile to hosting your own event. The ManyOne Can campaign is founded on the confidence that while no one individual can do it alone, ManyOne Can.
About Lupus
Lupus is a chronic, complex autoimmune disease that affects millions of people worldwide. More than 90 percent of people with lupus are women; lupus most often strikes during the childbearing years of 15-45. African Americans, Latinx, Asians and Native Americans are two to three times at greater risk than Caucasians. In lupus, the immune system, designed to protect against infection, creates antibodies that can attack any part of the body including the kidneys, brain, heart, lungs, blood, skin, and joints.
About the Lupus Research Alliance
The Lupus Research Alliance is the largest non-governmental, non-profit funder of lupus research worldwide. The organization aims to transform treatment by funding the most innovative lupus research, fostering diverse scientific talent, and driving discovery toward better diagnostics, improved treatments and ultimately a cure for lupus. Because the Lupus Research Alliance's Board of Directors funds all administrative and fundraising costs, 100% of all donations goes to support lupus research programs.
Related Links
https://www.lupusresearch.org
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SOURCE Lupus Research Alliance | https://www.wibw.com/prnewswire/2022/05/14/2022-new-jersey-walk-with-us-cure-lupus-raises-awareness-funds-commonly-misdiagnosed-autoimmune-disease/ | 2022-05-14T18:36:01Z |
NEW YORK, May 16, 2022 /PRNewswire/ -- Today, CLEAR (NYSE: YOU) announced that CLEAR's Board of Directors has authorized a share repurchase program pursuant to which the Company may purchase up to $100 million of its Class A Common Stock.
"As CLEAR owners, we are intensely focused on economic capital allocation to maximize long-term returns, including opportunistic share repurchases," said Caryn Seidman-Becker, CEO of CLEAR.
Under the repurchase program, CLEAR may purchase shares of its Class A Common Stock on a discretionary basis from time to time through open market repurchases, privately negotiated transactions, or other means, including through Rule 10b5-1 trading plans. The timing and actual number of shares repurchased will be determined by management depending on a variety of factors, including stock price, trading volume, market conditions and other general business considerations. The repurchase program has no expiration date and may be modified, suspended, or terminated at any time.
Repurchases under this program will be funded from CLEAR's existing cash and cash equivalents or future cash flow. As of March 31, 2022, CLEAR had $663 million in cash and cash equivalents, restricted cash, and marketable securities.
About CLEAR
Founded in 2010, CLEAR's mission is to create frictionless experiences. With more than 12 million members and hundreds of partners across the world, CLEAR's identity platform is transforming the way people live, work, and travel. Whether it's at the airport, stadium, or right on your phone, CLEAR connects you to the things that make you, you - making everyday experiences easier, more secure, and more seamless. Since day one, CLEAR has been committed to privacy done right. Members are always in control of their own information, and we never sell member data.
Forward-Looking Statements
This release may contain statements that constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Investors are cautioned that any and such forward-looking statements are not guarantees of future performance or results and involve risks and uncertainties, and that actual results, developments and events may differ materially from those in the forward-looking statements as a result of various factors, including those described in the Company's filings within the Securities and Exchange Commission, including the sections titled "Risk Factors" in our Annual Report on Form 10-K for the fiscal year ended December 31, 2021. The Company disclaims any obligation to update any forward-looking statements contained herein.
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SOURCE CLEAR | https://www.wibw.com/prnewswire/2022/05/16/clear-announces-100-million-share-repurchase-authorization/ | 2022-05-16T13:09:20Z |
In an open lot, Rose Brazdovic lay huddled behind a cement barrier, her only protection from the elements.
"When she came out, she had a makeshift sling on her arm, and she just looked very rundown. We just looked at each other. We can't just walk away from this one with a good conscience," said Sterling Candland, a police officer in Henderson, Nevada.
Candland and his partner, Carlos Chorens, knew they needed to intervene when they first encountered the feeble, homeless 75-year-old woman. For the next few months, they would work behind the scenes to ensure her safety and ultimately help reunite her with her son and the family members she didn't know she had.
Candland, who has been on the force for 18 years, and Chorens, a 16-year veteran, have been partners for a couple of years. Their friendship, however, spans more than two decades -- their bond apparent as they often finish each other's sentences. They have plenty in common: They were born the same year, they joined the Army the same year and after the military they delivered pizzas for the same shop as a second job before joining the Henderson Police Department.
On this day, they were responding to a citizen complaint about homeless people camping on private property. But as officers who work in community relations, their duties are nuanced.
"We're not there just to push them along any longer," Chorens said. "We're there to actually help them and we get them off the streets."
Brazdovic didn't ask for the officers' help, but they stayed anyway, asking questions of her and a man she considered her caretaker. Meanwhile, they reached out to Rochelle Fletcher, an employee at the city's Community Resource & Resiliency Center. They wondered if she could assist Brazdovic and find shelter for her and her companion since she refused to go anywhere without him.
"That was my job: To find out what was the root cause of her being out here on the street," said Fletcher, who also took Brazdovic to a doctor. "She looked afraid. She said that she wanted help. She wanted to get off the street and so I told her I would help her."
After a full day of searching, no space for the couple could be found for the night. But the officers promised they would return in the morning.
"The following day, Sterling and I went to McDonald's and bought them breakfast," Chorens said. "I came back at six o'clock, made contact with them and found out that they lost some of their property. Someone had stolen some of their suitcases."
The officers spent another full day with Brazdovic and her companion before Fletcher was able to find a place to shelter them. It was March of 2021 and the officers were fearful that as frail as she was, Brazdovic would not survive the desert's brutal temperature fluctuations, which could be frigid overnight and blazing during the day.
"She was shivering then, and it was 60 degrees that day," Candland said. "She's not going to make it much longer, we didn't think. But once she got into placement, and she was able to actually get healthy meals and rehydration, she bounced back."
As Brazdovic's health improved, the officers learned more of her story every time they stopped by. They also encouraged her to trust the system to work for her.
"She was very, very happy to see us when we were visiting her, dropping off some care packages," Chorens said.
She told them that she had lived and worked in Henderson for some 30 years before she retired.
"She ended up selling her place and she was going to do some traveling in a motor home. She ended up losing the motor home also, so that's when she found herself out on the streets," said Chorens, who with Candland believes Brazdovic experienced homelessness over a span of four years.
Brazdovic's road to a new life wasn't a straight one
Behind the scenes, Candland and Chorens also worked with the city attorney to get three misdemeanor charges of aggressive panhandling against her dropped. She and her companion had amassed all the charges in about a week -- just about two weeks before Candland and Chorens intervened, the officers said. Meanwhile, Fletcher continued her work on Brazdovic's case, getting her new identification and looking into her finances.
"She knew exactly what she received every month. She was a retiree from Walmart," Fletcher said. "She had finances that would keep her afloat. I think it was just (that) she was so trusting of just the wrong people that kind of put her in a position where she didn't have as much control over her finances as she should have."
While she was unhoused, Brazdovic acknowledged that she was anxious at times, but she just pretended that she was camping.
"I was not scared. I had my bible with me!" she said.
There was a time Fletcher lost touch with Brazdovic for about a week. The officers and Fletcher didn't give up. They kept looking for Brazdovic. By now, they knew someone was stealing from her.
"When she was supposed to come up with $600, somebody took advantage of her and took her money, so they ended up getting kicked out of the place that they were at," said Chorens.
One day, by a stroke of luck, Fletcher ran to Walmart on her lunch break.
"I'm walking up, I see this couple ... who appear to be homeless. And it's her and my face lit up. I told her I've been looking for you and she was delighted to see me," Fletcher said. "I called my officers at that moment and they rushed over."
Brazdovic had returned to what she knew -- Henderson and Walmart.
Candland and Sterling separated the man from Brazdovic, who reluctantly went with Fletcher. They were able to place her back where she had originally been staying, but this time by herself. They had a paper trail to show her.
"What was happening was explained to her -- she got angry," Chorens said. "If you're living on the streets and you have social security, you become everyone's best buddy when that check hits, and they're not there for your best interest."
Some three months after the officers found her, Brazdovic understood how she had ended up in her position.
"I like to help people, and sometimes by helping people they take advantage of it," Brazdovic said.
Another time, Brazdovic took a walk from the assisted living facility where she was living and got lost. Luckily, she remembered she had Fletcher's card in her purse. She walked into a store and asked to call her. The officers picked her up and took her back to the facility.
The search for family begins
Through all of this, Brazdovic maintained her sunny personality, said the officers who continued to visit her.
They learned she had a son and passed his name on to Fletcher.
"I knew she had not seen him in a while, and I was determined to make sure that she got to see him," Fletcher said, noting that their long-term plan was to reunite Brazdovic with her family.
But first Fletcher had to find her next of kin. Brazdovic had lost touch with her son nearly 30 years ago. After some social media sleuthing, and thanks to the uncommon last name, Fletcher was able to find a relative.
"I got a message on Facebook messenger," said Jennifer Michrina, the wife of Michael Michrina, Brazdovic's son. "It was Rochelle."
Not only did Brazdovic have a daughter-in-law she didn't know about, but she is also a grandmother to two boys. The family lives in Hammond, Louisiana.
While raising her son in Los Angeles, Brazdovic said she worked two jobs to make ends meet.
"He said, 'I'm moving in with my dad because you're never home,'" Brazdovic remembered her teenaged son telling her.
Then, when he was 18, Michael joined the Army and was stationed in Colorado. He heard his mother had moved to Las Vegas, but he didn't have her phone number or address.
"So, we just drifted apart," said Michael, now a disabled veteran.
After serving his country, he stayed in Colorado and became a plumber. A year after Hurricane Katrina ravaged Louisiana, where she was born and bred, Jennifer decided she wanted something different and moved to Colorado, where the couple met. In 2012, the Michrinas moved to Louisiana, about an hour away from New Orleans.
Michael was receptive to reconnecting, but the revelation of how his mother had been living came as a shock. Fletcher set up a zoom call for the family -- a surprise for Brazdovic.
"We shut the door. We let them, you know, have their moment with each other and she was excited," Fletcher said, adding that the family said they would come visit. "But all along, we were planning to actually reunite her with them."
For Michael, who couldn't imagine living on the street, the first time speaking with his mother after so many years was "strange."
"It was kind of interesting not knowing what had happened to my mom for 29 years, but it was good," Michael said, adding that they let the past go and decided to focus on a fresh start. He said his heart opened back up immediately. "Now that she's back, I can see what I was missing."
Brazdovic was initially hesitant about leaving her beloved Nevada, but soon everyone agreed she should be with her family in Louisiana.
"It was unbelievable that things got put together so quickly to get her off the street, out of the homeless shelter and to us," Jennifer said.
When she left Las Vegas in August, Brazdovic got a special airport escort.
"We walked her right down to the gate," Candland said with a smile. "That was fun, too. We were happy to do that."
The two officers posed for pictures in the airport's police substation with Brazdovic, who was wearing a red track suit and a hat, smiling brightly.
"I thank God for them," Brazdovic said of the officers. She hugged and thanked them both before boarding the flight. "This is the first time I ever flew in an airplane. I was so excited!"
In Louisiana, all four of the Michrinas were at the airport waiting for Brazdovic.
"She came walking up with a big smile," Jennifer said.
Now more than a year after Chorens and Candland found Brazdovic, she's safe and surrounded by love with no desire to ever return to Nevada.
"I got to have a family. That's the best part! I love it," Brazdovic said, adding that she likes to play basketball with her eldest grandson, Christopher, and taking bike rides with the youngest, Jeremy.
Michael acknowledged their reunion might not have happened if it wasn't for the officers and Fletcher.
"God put them in her life just to take care of her," Michael said, taking a breath as he teared up. "I guess they reaffirmed that there's still good people out there."
Fletcher, who often works with the officers, said the men have a passion for helping people.
"They actually are genuinely caring people with hearts of gold," she said, adding that there are no losers in Brazdovic's story. "It was a win for her. It was a win for her family, and it was a win for us."
It is an outcome Chorens and Candland hope to duplicate.
"It's incredible. It makes you feel like you accomplished, and you helped somebody out," Chorens said, emotion thick in his throat.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/2-nevada-police-officers-help-rescue-75-year-old-woman-from-the-streets-reunite-her/article_fd74814e-83a6-5719-b063-f41b64124c41.html | 2022-04-02T22:05:49Z |
Police: 2 dead and 3 wounded at 4 California 7-Eleven stores
LOS ANGELES (AP) — Two people were killed and three wounded in shootings before dawn Monday at four 7-Eleven stores in Southern California and authorities said they were seeking a lone gunman in at least three of the shootings.
The shootings appear to have occurred after robberies or attempted robberies at the four convenience stores on July 11, or 7/11 — a day when the national 7-Eleven brand is celebrating its 95th birthday by giving out free Slurpee drinks.
“Our hearts are with the victims and their loved ones,” 7-Eleven, Inc. said in a statement. “We are gathering information on this terrible tragedy and working with local law enforcement.”
It wasn’t immediately clear to investigators what prompted the shootings in the cities of Riverside, Santa Ana, Brea and La Habra, or why the violence occurred July 11.
“I think the only person to answer that would be the suspect,” said Officer Ryan Railsback, a spokesperson for the Riverside Police Department, where the first shooting happened at about 1:50 a.m. “There’s no way it can be a coincidence of it being 7-Eleven, July 11.”
The Riverside shooting — where the victim was in grave condition — has not yet been officially connected to the others, Railsback said, “although they all seem very, very similar.”
In that case, the gunman robbed the clerk and brandished a gun, then turned the weapon on a customer, opened fire and fled, Railsback said.
“It doesn’t appear to be any reason that the suspect shot the customer,” Railsback said. “It sounds like the clerk gave him whatever he asked for.”
The second shooting occurred around 3:20 a.m., about 24 miles (39 kilometers) away, in Santa Ana, authorities said.
Officers responding to reported gunshots at the 7-Eleven in that city and found a man dead in the parking lot with one bullet in his upper torso, according to Sgt. Maria Lopez, a Santa Ana police spokesperson. The violence appeared to include an attempted robbery.
“At this moment, we don’t believe he was an employee. We don’t really know yet what he was doing there in a parking lot, if he was a potential customer or just walking by,” Lopez said.
Lopez said detectives believe the suspect in the Santa Ana killing is the same person who then traveled 12 miles (19.31 kilometers) to Brea, where a 7-Eleven employee was found dead of a gunshot wound at about 4:18 a.m.
Brea Police Capt. Phil Rodriguez said officers responded to a report of a man suffering from a gunshot wound and found the employee wounded. He was later pronounced dead.
“This does appear to be a robbery that turned into a homicide,” Rodriguez said.
Less than an hour later, officers in neighboring La Habra were sent to a reported robbery at a 7-Eleven. They discovered two gunshot victims around 4:55 a.m., according to Sgt. Sumner Bohee. The gunman had fled.
“We feel confident that it is the same suspect,” Rodriguez said.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/11/police-2-dead-3-wounded-4-california-7-eleven-stores/ | 2022-07-11T21:25:51Z |
Rigby teacher receives National Endowment for the Humanities fellowship
RIGBY, Idaho (KIFI) - The Heart Mountain Wyoming Foundation announced a teacher at Rigby Junior High School has been accepted to participate in its workshop for educators sponsored by the National Endowment for the Humanities.
Kerry Thomas is one of 72 educators selected from a group of more than 270 applicants.
Heart Mountain, Wyoming, and the Japanese American Incarceration will teach educators about the World War II incarceration of Japanese Americans, two-thirds of them U.S. citizens, at a series of 10 camps across the country, including at Heart Mountain in northwestern Wyoming.
The educators will spend six days learning about the Japanese experience in the United States, the racism and prejudice faced by the immigrants, how their paths intersected with Wyoming's Native American communities and the multigenerational mental health trauma that many members of the incarcerees' families still suffer today.
Thomas will receive a $1,300 stipend to cover his travel and lodging costs. | https://localnews8.com/news/education/2022/04/12/rigby-teacher-receives-national-endowment-for-the-humanities-fellowship/ | 2022-04-12T18:15:54Z |
HITRUST Inheritance Program Offers LightEdge Customers a Fast Track to Compliance
DES MOINES, Iowa, Aug. 18, 2022 /PRNewswire/ -- With several recent project engagements, LightEdge — a leading provider of colocation, cloud and managed service solutions — and NFINIT, a LightEdge company, are expanding their footprint in the healthcare and biotech sectors, particularly in the Southwest. LightEdge is now working with Allegiance Group and Borrego Health, in addition to many other healthcare and biotech companies. More than 20% of LightEdge clients (over 150 customers) are in the healthcare or healthcare services industries.
As the leader in compliant cloud and colocation for healthcare organizations, LightEdge is one of approximately 30 organizations globally, and one of very few MSPs that are part of the HITRUST Inheritance Program. The program allows customers to inherit relevant controls for their own HITRUST compliance standards. With LightEdge's recent acquisition of NFINIT, an infrastructure solutions provider based in San Diego, LightEdge is offering its healthcare expertise and HITRUST Inheritance Program to NFINIT clients and other enterprises in the Southwest.
"HITRUST CSF is the gold standard for healthcare applications," said Robert McCabe, CIO for Allegiance Group. "In the face of mounting data breaches, companies handling sensitive data must remove all doubt by working with trusted providers like LightEdge that offer strong experience in security protocols and regulatory compliance. Allegiance Group saved time and resources by taking advantage of the HITRUST Inheritance Program, which allowed us to leverage LightEdge's assessment scores, inheriting the LightEdge controls and applying them to our own assessments quickly and easily."
Allegiance Group is one of many healthcare clients leveraging LightEdge's proven expertise in compliance-driven cloud solutions. Borrego Health, a longtime colocation customer of NFINIT, has been steadily moving applications to the cloud. LightEdge is managing the migration, while also providing Storage-as-a-Service (STaaS) and Disaster Recovery-as-a-Service (DRaaS).
"Our consultative, white glove approach is ideal for healthcare and biotech enterprises navigating especially difficult IT requirements and concerns right now," said Michael Hannan, Chief Security Officer for LightEdge. "Healthcare and biotech companies aren't interested in cookie-cutter, low-touch technology solutions. Our expertise and proven ability to build and manage environments that enable our clients to meet HIPAA, HITRUST, and other compliance standards set us apart as a leader in delivering highly compliant and secure healthcare and biotech IT solutions."
LightEdge Solutions is the leader in colocation and private cloud services for highly regulated organizations who value always on uptime for their mission critical workloads. LightEdge owns and operates eleven purpose-built data centers primarily across the Midwest, Texas, and the Southwest. With 25 years in business, LightEdge offers full stack technology services that deliver unbeatable uptime, security, and flexibility for their clients. Their premier colocation, cloud, disaster recovery, and security solutions are designed to support complex hybrid IT deployments and audited against the industry's top security and compliance standards. For more information, visit www.lightedge.com.
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SOURCE LightEdge | https://www.mysuncoast.com/prnewswire/2022/08/18/lightedge-amp-nfinit-bring-hitrust-compliant-cloud-options-healthcare-biotech-organizations-southwest/ | 2022-08-18T14:13:31Z |
Nominations open for minority, women-owned Kansas business awards
TOPEKA, Kan. (WIBW) - The call has opened for nominations for the 2022 Kansas Minority Enterprise Development Week Awards.
On Monday, June 20, Lieutenant Governor and Department of Commerce Secretary David Toland says he opened the call for nominations for the 2022 Kansas Minority Enterprise Development Week Awards. He said the annual awards are just one way the Department celebrates the growing impact minority and women-led companies have on the Sunflower State’s economy.
“Any time we have an opportunity to shine the light on all the amazing businesses and businesspeople in our great state is a win,” Toland said. “Taking the time to recognize minority- and women-owned businesses is key to our success in highlighting and showcasing our Kansas communities and the people who make them thrive.”
Presented by the Department of Commerce’s Office of Minority and Women Development, Toland said the awards are given to minority and women-owned businesses in the following categories:
- Construction
- Manufacturing
- Professional Service
- Retail
- Service
- Supplier/Distributor
- Young Entrepreneur
- Business Advocate
- Corporation of the Year
“We want to recognize minority- and women-owned businesses that are working hard to build their companies and at the same time contributing to their community as valuable resources,” Office of Minority and Women Business Development Director Rhonda Harris said. “This is a great time to say “Thank you” for everything that they do, and we appreciate their dedication and vision to make their community and Kansas a better place.
Toland noted that MED Week is celebrated nationally to recognize the more than 9.2 million minority businesses that support the nation’s economy and generate over $1.8 trillion in revenue. He said the significant impact of these businesses translates into the creation and maintenance of jobs.
The Lt. Gov. said these jobs not only sustain the individual worker, but also contribute to the economic security of their families, and the economic vitality of their communities and of the nation.
Toland indicated the Department will host an annual luncheon in November to recognize the many winners and celebrate the contributions of women and minority-owned businesses and communities throughout Kansas.
To learn more about the MED Week Awards, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/20/nominations-open-minority-women-owned-kansas-business-awards/ | 2022-06-20T17:28:55Z |
The Curiosity rover just avoided a near run-in with some razor-sharp rocks on Mars.
The robotic explorer, which landed on the red planet nearly 10 years ago, has spent the last month climbing the Greenheugh Pediment on Mount Sharp, located at the center of Gale Crater.
The Greenheugh Pediment is a large sloping plain that NASA rover drivers were going to use to reach other targets. But the rover pulled up short when it spied continuous stripes of knife-edged rocks, dubbed "gator-back" terrain due its scaly appearance.
Typically, NASA's Mars Reconnaissance Orbiter can help Curiosity prepare for encountering hazards because its HIRiSE camera can spot objects the size of a basketball on Mars as it whirls around the planet. But these rocks were just small enough to evade the MRO's watchful eye, said Ashwin Vasavada, Curiosity's project scientist at NASA's Jet Propulsion Laboratory in Pasadena, California.
These rocks, known as ventifacts, are wind-sharpened rocks, and Curiosity has had a previous run-in with ventifacts before. Early in the missions, Curiosity's wheels suffered some wear and tear after rolling over them.
But there are more of these ventifacts in the field Curiosity came across on March 18 than the rover has ever encountered. They're made from sandstone, the hardest rock found by the rover on Mars to date.
"It was obvious from Curiosity's photos that this would not be good for our wheels," said Megan Lin, Curiosity Project Manager at JPL, in a statement. "It would be slow going, and we wouldn't have been able to implement rover-driving best practices."
The rover team on Earth has found ways to drive on more benign terrain on Mars to preserve the rover's wheels and lengthen its lifespan, avoiding anything that might damage them.
The sandstone has been abraded by blowing sand for many years, sharpening the tops of the rocks into facets, Vasavada said, and Curiosity's trek would have sent it driving over them for about a mile.
"It wouldn't necessarily kill them, but it would wear the wheels down at the same rates that scared us earlier in the mission," he said.
The way the rover drives, which is essentially like steering to turn the wheels of your car in the parking lot before stepping on the gas, means that Curiosity's wheels would have ground against the carpet of pointed rocks, which could cause the rover to get stuck.
Had Curiosity tried to weave through sandy troughs between the ridges, it would have sent the rover on a long, meandering maze-like journey.
Seeking Martian secrets
The rover began ascending the 3.4-mile-tall (5.5-kilometer-tall) mountain in 2014. Throughout this journey, Curiosity has been able to study different layers that show the Martian climate record and when it went from wet to dry billions of years ago.
"The bulk of Mount Sharp is kind of a horizontal layer cake that built up over time," Vasavada said.
The bottom layers of sediment were deposited by rivers and streams, dumped into a lake that likely filled Gale Crater billions of years ago. When that mud settled, it became the foundation of Mount Sharp. Wind and sand dunes helped carve the crater and its central mountain into what it is today.
The Greenheugh Pediment is a long, sloping plane that cuts across horizontal layers of Mount Sharp, Vasavada said, and scientists want to understand how this area formed. It's also near another point of interest, called the Gediz Vallis Ridge, which may have been created when debris flowed down the mountain.
Curiosity sticks to the lower foothills of Mount Sharp, but the perspective from the ridge would have been a way to study material from the upper portions of the mountain.
"From a distance, we can see car-sized boulders that were transported down from higher levels of Mount Sharp -- maybe by water relatively late in Mars' wet era," Vasavada said. "We don't really know what they are, so we wanted to see them up close."
Fortunately, Curiosity will get another chance at this area in about a year's time from a different vantage point.
For now, the rover is plotting a new course to continue its exploration of Mount Sharp, climbing down to a transition zone where a clay-rich area meets with salt minerals called sulfates. These clay minerals formed when the mountain was wet, and the salts formed as the climate dried up. Curiosity had previously studied these layers, but abandoned the investigation to reach Greenheugh Pediment.
This latest twist in Curiosity's journey, to return to a productive investigation, is a silver lining, Vasavada said.
"It was really cool to see rocks that preserved a time when lakes were drying up and being replaced by streams and dry sand dunes," said Abigail Fraeman, Curiosity's deputy project scientist at JPL, in a statement. "I'm really curious to see what we find as we continue to climb on this alternate route."
Seeing evidence for this major change in the Mars climate, from the wet era to the dry era, would be a fantastic feather in the cap for Curiosity, Vasavada said. And studying the layers shaped by water could help scientists understand if microbial life could have existed on ancient Mars.
Fortunately, Curiosity is up for the task. What began as a 2-year mission will celebrate its 10th anniversary in August.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/curiosity-rover-comes-up-against-dangerous-scaly-terrain-on-mars/article_94df9434-16c6-5e49-886b-895917c4ccd0.html | 2022-04-14T17:58:51Z |
TOKYO, Aug. 5, 2022 /PRNewswire/ -- KLab Inc., a leader in online mobile games, announced that its head-to-head football simulation game Captain Tsubasa: Dream Team will have a collaboration with the J.League. Starting Friday, August 5th new players including Ryo Ishizaki, Jun Misugi, Shun Nitta, Leo, and Teppei Kisugi wearing the official J.League kits for the 2022 season will appear in the game. In addition, various in-game campaigns will be held to celebrate the collaboration. See the original press release (https://www.klab.com/en/press/) for more information.
J.LEAGUE Collaboration Campaign
Players who were part of the J.League in the original Captain Tsubasa story will appear in Captain Tsubasa: Dream Team wearing the official J.League kits for the 2022 season.
The campaign will feature a login bonus, daily scenarios, and more so be sure to check out the in-game notifications for more information.
J.LEAGUE Selection Transfer
Jun Misugi, Ryo Ishizaki, Shun Nitta, Leo wearing J.LEAGUE official kits debut as new players in this Transfer. This is a Step-Up Transfer where 1 new SSR player is guaranteed on Step 5.
Dreamball Exchange Update
Home, away, and keeper kits for 18 teams from the 2022 Meiji Yasuda J1 League are now available in the Dreamball Exchange.
Summer Campaign Begins
The campaign will feature a login bonus, event missions, and the Summer Cup. Participate in the Summer Cup during the event period to receive amazing ranking rewards.
Overview of Captain Tsubasa: Dream Team
Download here:
App Store: https://itunes.apple.com/app/id1293738123
Google Play: https://play.google.com/store/apps/details?id=com.klab.captain283.global
AppGallery: https://appgallery.huawei.com/#/app/C105375049
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SOURCE KLab Inc. | https://www.kxii.com/prnewswire/2022/08/05/captain-tsubasa-dream-team-debuts-5-new-players-including-ryo-ishizaki-jun-misugi-wearing-2022-season-jleague-official-kits/ | 2022-08-05T09:55:14Z |
—Within the last 18 months, the company has amortized more than $3,300 million pesos of its debt—
—The trustee of the holders of the notes provided with a notification of acceleration of the maturity of $400 million dollars due 2024—
MEXICO CITY, Aug. 8, 2022 /PRNewswire/ -- TV Azteca, S.A.B. de C.V. (BMV: AZTECACPO; Latibex: XTZA), one of the two largest producers of Spanish-language television programming in the world, received a notification issued by The Bank of New York Mellon, trustee of the holders of the notes, informing about the intention of the early expiration of its $400 million dollars notes due 2024.
Within the last 18 months, the company has amortized debt with cost in the amount of $3,347 million pesos, strengthening its capital structure and reiterating its commitment to preserve a solid strategic, financial and operating condition.
The company has maintained a dialogue with the holders of the 2024 notes to reach an agreement that is favorable for all parties.
TV Azteca will continue working within a strict financial discipline to guarantee operations that benefit audiences, employees and clients, in compliance with regulation.
About TV Azteca
TV Azteca is one of the two largest producers of Spanish-language television programming in the world, operating four television networks in Mexico: Azteca uno, Azteca 7, adn40 and a+, through more than 300 owned and operated stations across the country. The company also owns TV Azteca Digital, operator of several of the most visited digital platforms and social networks in Mexico.
TV Azteca is a Grupo Salinas company (www.gruposalinas.com), a group of dynamic, fast growing, and technologically advanced companies focused on creating: economic value through market innovation and goods and services that improve standards of living; social value to improve community wellbeing; and environmental value by reducing the negative impact of its business activities. Created by Mexican entrepreneur Ricardo B. Salinas (www.ricardosalinas.com), Grupo Salinas operates as a management development and decision forum for the top leaders of member companies. These companies include TV Azteca (www.TVazteca.com; www.irtvazteca.com), Grupo Elektra (www.grupoelektra.com.mx), Banco Azteca (www.bancoazteca.com.mx), Purpose Financial (havepurpose.com), Afore Azteca (www.aforeazteca.com.mx), Seguros Azteca (www.segurosazteca.com.mx), Punto Casa de Bolsa (www.puntocasadebolsa.mx), Totalplay (irtotalplay.mx; www.totalplay.com.mx) and Totalplay Empresarial (totalplayempresarial.com.mx). TV Azteca and Grupo Elektra trade shares on the Mexican Stock Market and in Spains' Latibex market. Each of the Grupo Salinas companies operates independently, with its own management, board of directors and shareholders. Grupo Salinas has no equity holdings. The group of companies shares a common vision, values and strategies for achieving rapid growth, superior results and world-class performance.
Except for historical information, the matters discussed in this press release are concepts about the future that involve risks and uncertainty that may cause actual results to differ materially from those projected. Other risks that may affect TV Azteca and its subsidiaries are presented in documents sent to the securities authorities.
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SOURCE TV Azteca, S.A.B. de C.V. | https://www.wibw.com/prnewswire/2022/08/08/tv-azteca-reaffirms-its-commitment-dialogue-order-reorganize-liabilities-with-2004-noteholders/ | 2022-08-08T15:25:07Z |
Gov. signs bill to allow fencing sales tax exemption, property tax relief
TOPEKA, Kan. (WIBW) - Kansas Governor Laura Kelly has signed a bill into law that will make a sales tax exemption on agriculture fencing and provides property tax relief for those affected by natural disasters.
Kansas Governor Laura Kelly says on Monday, May 23, she ceremonially signed bipartisan House Bill 2239 which will provide sales and property tax relief to Kansans impacted by natural disasters. She said the measure includes a sales tax exemption for agriculture fencing and allows county commissions to abate property taxes when she has declared a natural disaster and properties or homes have been damaged.
In addition, Gov. Kelly said the underlying legislation will provide property tax relief with increases in the property tax exemption on all residential properties and will provide a property tax refund for seniors and veterans.
“When disaster strikes, Kansans need help getting back on their feet,” Kelly said. “Cutting taxes provides financial relief for farmers and ranchers impacted by wildfires and other natural disasters as they recover their property and livelihoods.”
For the fires in December 2021, Kelly said farmers and ranchers who continue to replace fencing on their pastures will be able to take advantage of the exemption. For those who have already started to replace fencing, she said they will be eligible for a refund.
After July 1, Kelly said a sales tax exemption to repair or replace fencing on agricultural land will become permanent.
“When the wildfires devastated farms, ranches, and houses in my home county and surrounding area late last year, the State of Kansas rallied to their support.” Representative Troy Waymaster (R-Bunker Hill) said. “By passing this bill to provide tax relief to those who were most impacted, we are showing that the whole state, regardless of party or any other factor, is committed to helping our farmers and ranchers get back on their feet.”
“The wildland fires this past winter were some of the hardest we have had in the state, affecting communities across North Central and Northwest Kansas,” Senator Elaine Bowers (R-Concordia) said. “I appreciate my colleagues and the Governor for stepping up to pass this needed tax relief for all those whose livelihoods were put at risk this past winter, especially the farmers and ranchers who we need now more than ever to feed the world.”
To read the text of the legislation, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/24/gov-signs-bill-allow-fencing-sales-tax-exemption-property-tax-relief/ | 2022-05-24T20:55:42Z |
‘This is a devastating time’: Britney Spears announces she has lost her baby
Published: May. 14, 2022 at 4:04 PM CDT|Updated: 1 hour ago
(Gray News) - Britney Spears announced that she has lost her baby in a statement she shared on her Instagram account Saturday.
The 40-year-old pop superstar said last month that she was expecting a child with fiancé Sam Asghari.
However, on Saturday, Spears updated her pregnancy by writing it is with the “deepest sadness we have to announce that we have lost our miracle baby early in the pregnancy.”
Thousands of Spears’ fans have already responded to her social media post, sending their condolences.
Spears’ Saturday statement continued, stating the couple “will continue trying to expand our beautiful family.”
She also thanked everyone for showing their support during this difficult time.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/14/this-is-devasting-time-britney-spears-announces-she-has-lost-her-baby/ | 2022-05-14T22:32:59Z |
BANGKOK (AP) — With world economies all suffering from more than two years of the coronavirus pandemic and global supply problems exacerbated by Russia’s invasion of Ukraine, the United States has an “incredible opportunity” to engage with other nations on a common playing field and forge new partnerships and agreements, the top U.S. trade negotiator told The Associated Press on Friday.
U.S. Trade Representative Katherine Tai arrived in Thailand for meetings with Asia-Pacific Economic Cooperation group trade ministers, the same day President Joe Biden started an Asia visit in South Korea.
The two are to link up in Japan, where they are to announce plans for a new Indo-Pacific Economic Framework, which Tai said above all else would demonstrate “the U.S. abiding commitment as a partner to the countries in this region” as Washington seeks to keep growing Chinese influence in check.
“It is a robust and holistic approach to economics and investing in each other that we’re bringing,” she said.
It will include engagement on supply chain stability, clean energy, decarbonization, taxes and anti-corruption measures, she said.
Even before the announcement, expected Monday, Japan welcomed the initiative, expressing its support Friday and saying it was considering joining.
Tokyo is still smarting at the U.S. decision in 2017 under then-President Donald Trump to pull out of the Trans-Pacific Partnership trade agreement, and played a key role in bringing together the other 11 members of that pact, now known as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership.
Noriyuki Shikata, Japan’s Cabinet secretary for public affairs, said because the IPEF is expected to be less focused on market access and tariffs, Tokyo still hopes the U.S. will rejoin the TPP even though Washington has said it will not.
But even though there isn’t the promise of greater access to U.S. markets like in traditional trade agreements, the IPEF will still have the effect of increasing opportunities, Tai said.
“We are not bringing discussions and negotiations around tariff liberalization,” she said. “But in layman’s terms, when we’re talking about access to markets and market opportunities, that absolutely is something that is part of our conversation.”
Tai, who is considered a problem-solving pragmatist on trade policy, has said the focus of U.S. policy has shifted away from globalization for its own sake to one that prioritizes security and the interests of workers as well as consumers.
Before she was appointed USTR, Tai was chief trade counsel for the House Ways and Means Committee, where she handled negotiations over a revamped North American trade deal.
One key objective was to refashion the pact to make it easier for Mexican workers to form independent unions and demand better pay and benefits. That might reduce incentives for U.S. companies to move their manufacturing south of the border to take advantage of cheaper labor.
With all of the current disruptions in the global economy, including the coronavirus pandemic and the war in Ukraine, which has caused a rise in food and fuel prices, she said counterparts she has spoken with in the Asia-Pacific Economic Cooperation group currently meeting in Thailand have been enthusiastic about the idea of the new economic framework that might help workers and businesses.
“I don’t think anybody’s economy is stronger because of COVID and there is a pretty pervasive sense of anxiety about how we recover,” she said. “I actually think that this presents with an incredible opportunity.”
She said her counterparts talked about needing “resilience, sustainability and inclusion.”
“To the extent that we’re all looking for those themes in our economic policies right now, I think that there’s tremendous opportunity for us to come together to forge a set of parameters in our global economy to enable us to build a new economic world order that will be more adaptive, more inclusive and more sustainable for our planet and for our people.”
She said the U.S. in Asia was “very, very focused on our competition with China,” and that the framework was also seen as an effective counter to the growing influence of Beijing.
“The United States will always bring an economic engagement that is grounded in our values, which is in terms of openness, with respect to our market and our economy, and also in terms of our society,” she said. “So the engagement that we will bring by nature, inherently will be different from China’s engagement in the region. I think that is an important part of the U.S. presence in this region, that we bring a market-based and open approach.”
Tai is in favor of a comprehensive approach toward ongoing trade issues with China, and has been pushing back at U.S. Treasury Secretary Janet Yellen’s calls for eliminating some Trump-era tariffs on Chinese goods to fight domestic inflation in the United States.
She said she saw the tariffs as “a tool in the economic policy toolbox” which could be considered, but alongside “a lot of other tools at our disposal.”
“What is of the utmost importance for us is to ensure that this medium-term strategic realignment that we know we need to accomplish is something that we are able to accomplish, and that nothing that we do in the short term undermines that larger goal,” she said.
“We cannot afford to come out of this very difficult time putting ourselves in the United States in a more vulnerable position than we were in before we entered this period.”
___
Associated Press writer Elaine Kurtenbach in Tokyo contributed to this story. | https://cw33.com/business/ap-business/the-ap-interview-us-trade-rep-sees-opportunity-in-recovery/ | 2022-05-20T17:04:49Z |
- Net earnings were $477.7 million, or $0.46, per diluted share for the fourth quarter of fiscal 2022 compared with $563.9 million, or $0.52, per diluted share for the fourth quarter of fiscal 2021. Adjusted net earnings1 were approximately $573.0 million compared with $564.0 million for the fourth quarter of fiscal 2021. Adjusted diluted net earnings per share1 were $0.55, representing an increase of 5.8% from $0.52 for the corresponding quarter of last year.
- Total merchandise and service revenues of $3.8 billion, an increase of 1.0%. Same-store merchandise revenues increased by 2.3% in the United States, by 6.2% in Europe and other regions, and by 0.1% in Canada.
- Merchandise and service gross margin increased by 1.3% in the United States to 33.1%, by 0.2% in Europe and other regions to 38.3%, and by 1.4% in Canada to 32.4%. Gross margin in the U.S. and Canada was favorably impacted by prior year inventory adjustments of $26.4 million and $3.2 million, respectively, as well as by pricing initiatives.
- Same-store road transportation fuel volumes decreased by 1.7% in the United States, increased by 3.7% in Europe and other regions, and increased by 4.3% in Canada.
- Road transportation fuel gross margin1 of 46.12¢ per gallon in the United States, an increase of 11.67¢ per gallon, and of CA 13.41¢ per liter in Canada, an increase of CA 2.49¢ per liter. Fuel margins remained healthy throughout the North American network, due to favorable market conditions and the continued work on the optimization of the supply chain. In Europe and other regions, the road transportation fuel margin1 was US 7.51¢ per liter, a decrease of US 3.34¢ per liter, impacted by increase in crude oil prices, supply chain challenges from the current geopolitical context, as well as volatility of the diesel market.
Fiscal Year 2022
- Net earnings per diluted share of $2.52 compared with $2.44 for fiscal 2021, an increase of 3.3%, while adjusted diluted net earnings per share1 were $2.60 compared with $2.45 for fiscal 2021, an increase of 6.1%.
- Fulfillment of the Corporation's share repurchase program, totaling $1.9 billion, including $834.7 million during the fourth quarter of fiscal 2022. Subsequent to the end of fiscal 2022, the Corporation renewed its share repurchase program which allows it to repurchase up to 10.0% of the public float. Under the renewed program, shares for a net amount of $429.2 million were repurchased.
- Increase in the annual dividend declared for fiscal 2022 of 25.6%, from CA 33.25¢ to CA 41.75¢.
- Return on capital employed1 remained strong at 15.4%, a slight decrease from 15.9%, driven by impairment costs incurred during the year which had a negative impact of approximately 0.3%.
- Leverage ratio1 at 1.39 : 1, a slight increase from 1.32 : 1, driven primarily by the use of cash for share repurchases.
- Despite its annual growth rate of expenses of 14.3%, the Corporation has deployed strategic efforts to mitigate costs increases and inflationary pressures, which is demonstrated by a compound annual growth rate of 3.4% of normalized growth of expenses compared to 2020, including employee-related costs1, remaining below inflation.
LAVAL, QC, June 28, 2022 /PRNewswire/ - For its fourth quarter ended April 24, 2022, Alimentation Couche-Tard Inc. ("Couche-Tard" or the "Corporation") (TSX: ATD) announces net earnings of $477.7 million, representing $0.46 per share on a diluted basis. The results for the fourth quarter of fiscal 2022 were affected by a pre-tax impairment loss of $56.2 million resulting from the deconsolidation and impairment of Russian subsidiaries, a pre-tax impairment loss of $33.7 million on our investment in Fire & Flower Holdings Corp., a pre-tax expense of $15.1 million due to a change in the accounting policy relating to cloud computing arrangements, a pre-tax net foreign exchange gain of $3.0 million, as well as pre-tax acquisition costs of $0.9 million. The results for the comparable quarter of fiscal 2021 were affected by a pre-tax expense of $29.1 million following the delivery of an early redemption notice of senior unsecured notes, a pre-tax gain on disposal of $26.6 million related to the sale of a property located in Toronto, Canada, pre-tax acquisition costs of $1.5 million, as well as by a pre-tax net foreign exchange loss of $1.1 million. Excluding these items, the adjusted net earnings1 were approximately $573.0 million, or $0.55, per share on a diluted basis for the fourth quarter of fiscal 2022, compared with $564.0 million, or $0.52, per share on a diluted basis for the fourth quarter of fiscal 2021, an increase of 5.8% in the adjusted diluted net earnings per share1, driven by higher road transportation fuel margins in the United States and Canada, by organic growth in the convenience activities, as well as by the favorable impact of the share repurchase program, partly offset by higher operating expenses. All financial information presented is in US dollars unless stated otherwise.
"We are proud to report a remarkable year despite the continued pressures caused by the pandemic, global inflation, and staffing challenges. With our operational and financial resilience, we had record-breaking results across key metrics and remained focused on our strategic goals. During the quarter, we made notable progress accelerating organic growth both inside the store and on our forecourts, as well as innovating for the future, including beginning our e-mobility journey in North America and rolling out smart checkout frictionless technology in targeted geographies. We also started the work with select partners to get a better understanding of our consumers' interests in rapid delivery. I want to thank all our team members, customers, and shareholders for their continued commitment to the business as we prepare for an even stronger year ahead" said Brian Hannasch, President and Chief Executive Officer of Alimentation Couche-Tard.
"No doubt with inflation hitting 40-year record highs this quarter, consumers have experienced pressure both at the pump and at the checkout line. We are committed to providing good value for our customers across the network, and through our in-store localized pricing efforts and fuel promotions we are working hard to make our customers' lives a little easier every day, even during difficult economic times." concluded Brian Hannasch.
Claude Tessier, Chief Financial Officer, added: "Our results for both the fourth quarter and fiscal 2022 have exceeded our expectations on many fronts, especially in light of a challenging global environment. Inflation was particularly notable during the fourth quarter, impacting all aspects of our business. We, once again, diligently managed through these challenging conditions and were able to mitigate the impacts from a higher inflation level and continued pressure on wages. We have also continued to reinvest in our operations while maintaining a particularly strong balance sheet, allowing us to return capital to our shareholders during the quarter, including the completion of our upsized 2021-2022 share repurchase program. As we look ahead to fiscal 2023, our healthy financial position and strong capital structure, including our newly implemented US Commercial Paper Program, position us well to continue delivering strong results and return further value to our shareholders as we remain focused on our ambitious double-again strategy."
Significant Items of the Fourth Quarter of Fiscal 2022
- On April 8, 2022, as a result of the geopolitical events leading to economic sanctions imposed from and against Russia, as well as the developments following our announcement that we had suspended the operations of our 38 stores located in Russia, it was determined that we lost control over our investment in our wholly-owned Russian subsidiaries. As a result, an amount of $56.2 million was recorded to Depreciation, amortization and impairment.
- On April 24, 2022, as a result of a decrease in the market capitalization of Fire & Flower Holdings Corp. ("Fire & Flower"), an impairment loss of $33.7 million was recorded to bring our investment in the associated company to its fair value.
- On April 28, 2022, subsequent to the end of fiscal 2022, we exercised the Series B common share warrants in Fire & Flower for a total consideration of CA $37.8 million ($29.5 million), which increased our interests in Fire & Flower to 35.3%.
- On April 21, 2021, the Toronto Stock Exchange approved the implementation of a share repurchase program (the "Program"), which took effect on April 26, 2021. The Program initially allowed us to repurchase up to 4.0% of the Class B subordinate voting shares of the public float as at April 19, 2021 (the "Public float"). On January 31, 2022, the Toronto Stock Exchange approved the amendment of our Program to increase the maximum number of shares that may be repurchased to 5.8% of the Public float.
- During the fourth quarter and fiscal 2022, we repurchased 18,969,690 and 46,806,328 shares, respectively, reaching the Program's authorized share repurchase limit. These repurchases were settled for amounts of $834.7 million and $1.9 billion, respectively. On April 22, 2022, the Toronto Stock Exchange approved the renewal of our Program, which took effect on April 26, 2022. The renewed Program allows us to repurchase up to 79,703,614 shares, representing 10.0% of the public float as of April 20, 2022, and the share repurchase period will end no later than April 25, 2023. Subsequent to the end of fiscal 2022, and under the renewed Program, we repurchased 9,764,000 shares for an amount of $429.2 million.
- On March 3, 2022, following the delivery of a redemption notice dated January 31, 2022, we fully repaid our CA $250.0 million Canadian-dollar-denominated senior unsecured notes issued on November 1, 2012, which were set to mature on November 1, 2022. The repayment of CA $254.1 million ($200.6 million) was settled using cash on hand and included an early redemption premium of CA $4.1 million ($3.2 million). We also settled the cross-currency interest rate swaps associated with these Canadian-dollar-denominated senior unsecured notes.
- Subsequent to the end of fiscal 2022, we established a commercial paper program in the United States on a private placement basis, which allows us to issue, from time to time, unsecured commercial paper notes for which the aggregate principal amount outstanding at any one time cannot exceed $2.5 billion.
Changes in our Network during the Fourth Quarter of Fiscal 2022
- We acquired 4 company-operated stores, reaching a total of 74 company-operated stores through various transactions since the beginning of fiscal 2022. We settled these transactions using our available cash.
- On March 22, 2021, based on the outcome of a strategic review of our network, we announced our intention to sell certain sites across 28 states in the United States and 6 provinces in Canada. During the fourth quarter of fiscal 2022, we completed the sale of 44 sites to various buyers for cash consideration of $51.5 million, which resulted in a gain of $15.6 million.
- We completed the construction of 42 stores and the relocation or reconstruction of 16 stores, reaching a total of 133 stores since the beginning of fiscal 2022. As of April 24, 2022, another 58 stores were under construction and should open in the upcoming quarters.
- On May 20, 2022, subsequent to the end of fiscal 2022, we acquired, through a joint venture with Musket Corporation, four road transportation fuel terminals located in Florida, Illinois and North Carolina, United States.
Summary of changes in our store network
The following table presents certain information regarding changes in our store network over the 12–week period ended April 24, 2022:
The following table presents certain information regarding changes in our store network over the 52–week period ended April 24, 2022:
Change in Accounting Policy
In April 2021, the IFRS Interpretations Committee finalized its agenda decision Configuration or Customisation Costs in a Cloud Computing Arrangement (IAS 38 Intangible Assets), clarifying how to recognize certain configuration and customisation expenditures related to cloud computing arrangements. During fiscal 2022, we finalized our assessment of the impact of this agenda decision and changed our accounting policy to align with the interpretation. As a result, costs previously capitalized as intangible assets were reclassified, out of which $15.1 million were expensed to Operating, selling, administrative and general expenses in the consolidated statements of earnings, $6.0 million were recognized as long-term prepaid expenses to Other assets and $3.9 million were recognized to Prepaid expenses on the consolidated balance sheet. We did not apply this change in accounting policy retrospectively as its impact was not deemed material. We expect that this change in accounting policy will impact our future consolidated results as the expenditures within the scope of this interpretation will be recorded to Operating, selling, administrative and general expenses while they were recorded to Depreciation, amortization and impairment in the consolidated statements of earnings before this agenda decision. We also expect timing of recognition to earnings of those expenditures to differ following this change.
Exchange Rate Data
We use the US dollar as our reporting currency, which provides more relevant information given the predominance of our operations in the United States.
The following table sets forth information about exchange rates based upon closing rates expressed as US dollars per comparative currency unit:
For the analysis of consolidated results, the impact of the translation of our foreign currency operations into US dollars is defined as the impact from the translation of our Canadian, European and Asian operations into US dollars. Variances of our foreign currency operations into US dollars are determined as being the difference between the corresponding period results in local currencies translated at the current period average exchange rate and the corresponding period results in local currencies translated at the corresponding period average exchange rate.
Summary Analysis of Consolidated Results for the Fourth Quarter and Fiscal 2022
The following table highlights certain information regarding our operations for the 12 and 52–week periods ended April 24, 2022 and April 25, 2021, and the results analysis in this section should be read in conjunction with this table. Europe and other regions include the results from our operations in Asia.
Revenues
Our revenues were $16.4 billion for the fourth quarter of fiscal 2022, up by $4.2 billion, an increase of 34.3% compared with the corresponding quarter of fiscal 2021, mainly attributable to a higher average road transportation fuel and other fuel products selling price, the contribution from acquisitions, and organic growth on merchandise and service sales while being partly offset by the net negative impact of approximately $206.0 million from the translation of our foreign currency operations into US dollars.
For fiscal 2022, our revenues increased by $17.0 billion, or 37.3%, compared with fiscal 2021, mainly attributable to a higher average road transportation fuel and other fuel products selling price, a higher fuel demand, the contribution from acquisitions, organic growth on merchandise and service sales, as well as the positive impact of approximately $150.0 million from the translation of our foreign currency operations into US dollars.
Merchandise and service revenues
Total merchandise and service revenues for the fourth quarter of fiscal 2022 were $3.8 billion, an increase of $38.5 million compared with the corresponding quarter of fiscal 2021. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $37.0 million. The remaining increase of approximately $75.0 million, or 2.0%, is primarily attributable to organic growth, and to the contribution from acquisitions which amounted to approximately $27.0 million, while being partly offset by the disposal of stores following the strategic review of our network. Same-store merchandise revenues increased by 2.3% in the United States, by 6.2%2 in Europe and other regions, and by 0.1% in Canada.
For fiscal 2022, the growth in merchandise and service revenues was $730.8 million compared with fiscal 2021. The translation of our foreign currency operations into US dollars had a net positive impact of approximately $108.0 million. The remaining increase of approximately $623.0 million, or 3.9%, is mainly attributable to similar factors as those of the fourth quarter. Same-store merchandise revenues increased by 1.9% in the United States, increased by 5.9%1 in Europe and other regions, and decreased by 3.4% in Canada. On a 2-year basis, same-store merchandise revenues increased by an annual average rate of 3.8% in the United States, 6.0%1 in Europe and other regions, and 3.1% in Canada.
Road transportation fuel revenues
Total road transportation fuel revenues for the fourth quarter of fiscal 2022 were $12.4 billion, an increase of $4.0 billion compared with the corresponding quarter of fiscal 2021. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $158.0 million. The remaining increase of approximately $4.2 billion, or 50.1%, is attributable to a higher average road transportation fuel selling price, which had an impact of approximately $4.1 billion. Same-store road transportation fuel volumes decreased by 1.7% in the United States and increased by 3.7% in Europe and other regions, and by 4.3% in Canada. During the quarter, road transportation fuel demand was unfavorably impacted by the significant rise in retail prices driven by the increase in crude oil costs as well as from continued work from home trends.
For fiscal 2022, the road transportation fuel revenues increased by $15.9 billion compared with fiscal 2021. The translation of our foreign currency operations into US dollars had a net positive impact of approximately $49.0 million. The remaining increase of approximately $15.9 billion, or 54.1%, is mostly due to the positive impact of the higher average road transportation fuel selling price, and organic growth. Same-store road transportation fuel volumes increased by 4.0% in the United States, by 3.8% in Europe and other regions, and by 6.1% in Canada. On a 2-year basis, same-store road transportation fuel volumes decreased by an annual average rate of 4.5% in the United States, 1.3% in Europe and other regions, and 4.4% in Canada.
The following table shows the average selling price of road transportation fuel of our company-operated stores in our various markets for the last eight quarters. The average selling price of road transportation fuel consists of the road transportation fuel revenues divided by the volume of road transportation fuel sold:
Other revenues
Total other revenues for the fourth quarter of fiscal 2022 were $295.4 million, an increase of $132.7 million compared with the corresponding quarter of fiscal 2021. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $12.0 million. The remaining increase of approximately $145.0 million, or 89.1%, is primarily driven by higher prices and higher demand on our other fuel products, which had a minimal impact on gross profit1.
Total other revenues for fiscal 2022 were $854.7 million, an increase of $372.9 million compared with fiscal 2021. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $12.0 million. The remaining increase of approximately $385.0 million, or 79.9%, is mainly attributable to similar factors as those of the fourth quarter, which had a minimal impact on gross profit1.
Gross profit3
Our gross profit was $2.6 billion for the fourth quarter of fiscal 2022, up by $222.5 million or 9.5%, compared with the corresponding quarter of fiscal 2021, mainly attributable to higher road transportation fuel gross margins in the United States and Canada, improved merchandise and service gross margin, and organic growth in our convenience activities, while being partly offset by the net negative impact of the translation of our foreign currency operations into US dollars of approximately $37.0 million.
For fiscal 2022, our gross profit increased by $889.5 million, or 8.8%, compared with fiscal 2021, mainly attributable to higher road transportation fuel gross margins in the United States and Canada, higher road transportation fuel demand, the contribution from acquisitions, improved merchandise and service gross margin, organic growth and the net positive impact of approximately $44.0 million from the translation of our foreign currency operations into US dollars.
As the COVID-19 pandemic had a significant impact on our prior year financial results, looking at gross profit on a 2-year basis provides additional insight given the volatility in the various key measures of our business. Excluding the disposal of CAPL and the acquisition of Circle K Hong Kong4, merchandise and service, as well as road transportation fuel gross profit were higher by 10.2% and 18.2%, respectively, compared with the annual pre-pandemic results of fiscal 2020.
Merchandise and service gross profit
In the fourth quarter of fiscal 2022, our merchandise and service gross profit was $1.3 billion, an increase of $56.5 million compared with the corresponding quarter of fiscal 2021. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $15.0 million. The remaining increase of approximately $72.0 million, or 5.9%, is primarily due to organic growth as well as to pricing initiatives. Our gross margin1 increased by 1.3% in the United States to 33.1%, by 0.2% in Europe and other regions to 38.3%, and by 1.4% in Canada to 32.4%. Gross margin in the U.S. and Canada were also impacted in the prior year by unfavorable inventory adjustments on personal protective equipment of $26.4 million and $3.2 million, respectively.
During fiscal 2022, our merchandise and service gross profit was $5.7 billion, an increase of $347.0 million compared with fiscal 2021. The translation of our foreign currency operations into US dollars had a net positive impact of approximately $29.0 million. The remaining increase of approximately $318.0 million, or 6.0%, is mainly attributable to the contribution from acquisitions, which amounted to approximately $148.0 million, and to the favorable impact of changes in product mix and to pricing initiatives. Our gross margin1 increased by 0.6% in the United States to 33.7%, increased by 0.8% in Canada to 32.2%, and decreased by 0.9% in Europe and other regions to 38.2% mainly due to the impact of the integration of Circle K Hong Kong, which has a different product mix than our European operations.
Road transportation fuel gross profit
In the fourth quarter of fiscal 2022, our road transportation fuel gross profit was $1.3 billion, an increase of $177.9 million compared with the corresponding quarter of fiscal 2021. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $19.0 million. The remaining increase in our gross profit was approximately $197.0 million, or 18.3%. In the United States, our road transportation fuel gross margin1 was 46.12¢ per gallon, an increase of 11.67¢ per gallon, and in Canada, it was CA 13.41¢ per liter, an increase of CA 2.49¢ per liter. Fuel margins remained healthy throughout our North American network, due to favorable market conditions and the continued work on the optimization of our supply chain. In Europe and other regions, our road transportation fuel margin1 was US 7.51¢ per liter, a decrease of US 3.34¢ per liter, impacted by increase in crude oil prices, supply chain challenges from the current geopolitical context, as well as volatility in the diesel market.
During fiscal 2022, our road transportation fuel gross profit was $5.2 billion, an increase of $570.6 million compared with fiscal 2021. The translation of our foreign currency operations into US dollars had a net positive impact of approximately $15.0 million. The remaining increase in our gross profit was approximately $556.0 million, or 12.1%. The road transportation fuel gross margin5 was 39.62¢ per gallon in the United States, US 9.86¢ per liter in Europe and other regions, and CA 11.74¢ per liter in Canada.
The road transportation fuel gross margin1 of our company-operated stores in the United States and the impact of expenses related to electronic payment modes for the last eight quarters, were as follows:
Generally, during normal economic cycles, road transportation fuel margins in the United States can be volatile from one quarter to another, while in Europe and other regions and in Canada, fuel margins and expenses related to electronic payment modes are not as volatile.
Other revenues gross profit
In the fourth quarter of fiscal 2022, other revenues gross profit was $32.8 million, a decrease of $11.9 million compared with the corresponding period of fiscal 2021. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $2.0 million.
During fiscal 2022, other revenues gross profit was $165.6 million, a decrease of $28.1 million compared with fiscal 2021. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $1.0 million. The remaining decrease of approximately $27.0 million, or 13.9%, is primarily due to lower margins on our other fuel products.
Operating, selling, administrative and general expenses ("expenses")
For the fourth quarter and fiscal 2022, expenses increased by 19.0% and 14.3%, respectively, compared with the corresponding periods of fiscal 2021. Normalized growth of expenses1 was 15.6% and 9.4%, respectively, as show in the table below:
The normalized growth of expenses1 in the fourth quarter was mainly driven by government grants of $41.0 million in the corresponding quarter of the previous fiscal year, measures necessitated by the impact of the labor shortage and the need to improve employee retention, an increase of marketing initiatives and other discretionary expenses that were significantly reduced in the prior year quarter, inflationary pressures, including higher utility costs in Europe, higher costs from rising minimum wages, as well as by incremental investments in our stores to support our strategic initiatives. This increase was partly offset by lower COVID-19 related expenses compared to the corresponding quarter of the previous fiscal year. The costs of the retention measures implemented during the fiscal year, which totaled approximately $19.0 million for the fourth quarter of fiscal 2022, the employee-related COVID-19 costs in the corresponding quarter of the previous fiscal year, such as Thank you bonuses of $5.2 million, as well as the government grants, represented an increase in expenses of 4.3% for the fourth quarter of fiscal 2022.
For fiscal 2022, we have deployed strategic efforts in order to mitigate the impacts of a higher inflation level and continued pressure on wages, which is demonstrated by a compound annual growth rate of 3.4% of our normalized growth of expenses compared to 2020, including employee-related costs1, below inflation, despite the challenging market conditions.
Earnings before interest, taxes, depreciation, amortization and impairment ("EBITDA[6]") and adjusted EBITDA1
During the fourth quarter of fiscal 2022, EBITDA stood at $1.1 billion, an increase of 0.9% compared with the corresponding quarter of fiscal 2021. Adjusted EBITDA for the fourth quarter of fiscal 2022 increased by $50.8 million, or 4.7%, compared with the corresponding quarter of fiscal 2021, mainly due to higher road transportation fuel margins in the United States and in Canada, and organic growth in our convenience operations, partly offset by higher operating expenses. The translation of our foreign currency operations into US dollars had a net negative impact of approximately $15.0 million.
During fiscal 2022, EBITDA increased from $5.1 billion to $5.2 billion, an increase of 3.6% compared with fiscal 2021. Adjusted EBITDA for fiscal 2022 increased by $261.3 million, or 5.2%, compared with fiscal 2021, mainly attributable to higher road transportation fuel margins in the United States and in Canada, higher road transportation fuel demand, organic growth for our convenience operations, as well as the contribution from acquisitions. The translation of our foreign currency operations into US dollars had a net positive impact of approximately $27.0 million.
Depreciation, amortization and impairment ("depreciation")
For the fourth quarter of fiscal 2022, our depreciation expense increased by $104.5 million compared with the fourth quarter of fiscal 2021. The translation of our foreign currency operations into US dollars had a net favorable impact of approximately $7.0 million. The remaining increase of approximately $111.0 million, or 32.2%, is mainly driven by the impact of the deconsolidation and the impairment of our Russian subsidiaries of $56.2 million, the impairment on our investment in Fire & Flower of $33.7 million, as well as by the impact from investments made through acquisitions, the replacement of equipment, and the ongoing improvement of our network.
For fiscal 2022, our depreciation expense increased by $186.8 million compared with fiscal 2021. The translation of our foreign currency operations into US dollars had a net unfavorable impact of approximately $7.0 million. The remaining increase of approximately $180.0 million, or 13.2%, is mainly attributable to similar factors as those of the fourth quarter.
Net financial expenses
Net financial expenses for the fourth quarter and fiscal 2022 were $51.5 million and $281.0 million, respectively, a decrease of $20.2 million and $61.5 million compared with the corresponding periods of fiscal 2021. A portion of the decrease is explained by certain items that are not considered indicative of future trends, as shown in the table below:
Income taxes
The income tax rate for the fourth quarter of fiscal 2022 was 22.6% compared with 18.5% for the corresponding period of fiscal 2021.
The income tax rate for fiscal 2022 was 21.5% compared with 19.5% for fiscal 2021. The increase is mainly stemming from the impact of gains and losses taxable or deductible at a lower income tax rate between current and prior year, and a different mix in our earnings across the various jurisdictions in which we operate.
Net earnings and adjusted net earnings1
Net earnings for the fourth quarter of fiscal 2022 were $477.7 million, compared with $563.9 million for the fourth quarter of the previous fiscal year, a decrease of $86.2 million, or 15.3%. Diluted net earnings per share stood at $0.46, compared with $0.52 for the corresponding quarter of the previous fiscal year. The translation of revenues and expenses from our foreign currency operations into US dollars had a net negative impact of approximately $8.0 million on net earnings of the fourth quarter of fiscal 2022.
Adjusted net earnings for the fourth quarter of fiscal 2022 were approximately $573.0 million, compared with $564.0 million for the fourth quarter of fiscal 2021, an increase of $9.0 million, or 1.6%. Adjusted diluted net earnings per share7 were $0.55 for the fourth quarter of fiscal 2022, compared with $0.52 for the corresponding quarter of fiscal 2021, an increase of 5.8%.
For fiscal 2022, net earnings stood at $2.7 billion, a decrease of $22.2 million or 0.8%, compared with fiscal 2021. Diluted net earnings per share stood at $2.52, compared with $2.44 for the previous fiscal year. The translation of revenues and expenses from our foreign currency operations into US dollars had a net positive impact of approximately $20.0 million on net earnings of fiscal 2022.
Adjusted net earnings for fiscal 2022 stood at $2.8 billion, an increase of $54.0 million or 2.0%, compared with fiscal 2021. Adjusted diluted net earnings per share1 were $2.60 for fiscal 2022, compared with $2.45 for fiscal 2021, an increase of 6.1%.
Dividends
During its June 28, 2022 meeting, the Board of Directors declared a quarterly dividend of CA 11.00¢ per share for the fourth quarter of fiscal 2022 to shareholders on record as at July 8, 2022, and approved its payment effective July 22, 2022. This is an eligible dividend within the meaning of the Income Tax Act (Canada).
For fiscal 2022, the Board of Directors declared total dividends of CA 41.75¢ per share, an increase of 25.6% compared with CA 33.25¢ for fiscal 2021.
Lead Director of the Board of Directors
Couche-Tard also announced today that its Board of Directors has unanimously appointed Louis Vachon as the Lead Director effective June 28, 2022. Mr. Vachon, an independent director of the Company since September 2021, succeeds Mélanie Kau who is stepping down as Lead Director, but who will remain on the Board of Directors. Alain Bouchard, Executive Chairman of the Board of Directors said, "The Board's unanimous selection of Mr. Vachon to the Lead Director role is a testament to his leadership and expertise, and the Board's continuous commitment to rigorous oversight and sound governance practices. We welcome Mr. Vachon to this new role and thank his predecessor, Mélanie Kau, for her many years of service to the Board and to our Company as its Lead Director."
Non-IFRS Measures
To provide more information for evaluating the Corporation's performance, the financial information included in our financial documents contains certain data that are not performance measures under IFRS ("non-IFRS measures"), which are also calculated on an adjusted basis to exclude specific items. We believe that providing those non-IFRS measures is useful to management, investors, and analysts, as they provide additional information to measure the performance and financial position of the Corporation.
The following non-IFRS measures are used in our financial disclosures:
- Gross profit;
- Interest-bearing debt;
- Earnings before interest, taxes, depreciation, amortization and impairment ("EBITDA") and adjusted EBITDA; and
- Adjusted net earnings.
The following non-IFRS ratios are used in our financial disclosures:
- Merchandise and service gross margin and Road transportation fuel gross margin;
- Normalized growth of operating, selling, administrative and general expenses;
- Normalized growth of operating, selling, administrative and general expenses compared to fiscal 2020, including normalized employee-related costs;
- Growth of same-store merchandise revenues for Europe and other regions;
- Adjusted diluted net earnings per share;
- Leverage ratio; and
- Return on equity and return on capital employed.
The following capital management measure is used in our financial disclosures:
- Net interest-bearing debt/total capitalization.
Supplementary financial measures are also used in our financial disclosures and those measures are described where they are presented.
Non-IFRS measures and ratios, as well as the capital management measure ("Non-IFRS measures") are mainly derived from the consolidated financial statements, but do not have standardized meanings prescribed by IFRS. These non-IFRS measures should not be considered in isolation or as a substitute for financial measures prepared in accordance with IFRS. In addition, our definitions of non-IFRS measures may differ from those of other public corporations. Any such modification or reformulation may be significant. These measures are also adjusted for the pro forma impact of our acquisitions and impacts of new accounting standards, if they are considered to be material.
Gross profit. Gross profit consists of revenues less the cost of sales, excluding depreciation, amortization and impairment. This measure is considered useful for evaluating the underlying performance of our operations.
The table below reconciles revenues and cost of sales, excluding depreciation, amortization and impairment to gross profit:
Please note that the same reconciliation applies in the determination of gross profit by category and by geography presented in the section "Summary Analysis of Consolidated Results".
Merchandise and service gross margin. Merchandise and service gross margin consists of Merchandise and service gross profit divided by Merchandise and service revenues, both measures being presented in the section ''Summary Analysis of Consolidated Results''. Merchandise and service gross margin is considered useful for evaluating how efficiently we generate gross profit by dollar of revenue.
Road transportation fuel gross margin. Road transportation fuel gross margin consists of Road transportation fuel gross profit divided by total volume of road transportation fuel sold. For the United States and Europe and other regions, both measures being presented in the section ''Summary Analysis of Consolidated Results''. For Canada, this measure is presented in functional currency and the table below reconciles, for road transportation fuel, Revenues and Cost of sales, excluding depreciation, amortization and impairment to gross profit and the resulting road transportation fuel gross margin. This measure is considered useful for evaluating how efficiently we generate gross profit by gallon or liter of road transportation fuel sold.
Normalized growth of operating, selling, administrative and general expenses ("normalized growth of expenses"). Normalized growth of expenses consists of the growth of Operating, selling, administrative and general expenses adjusted for the impact of the changes in our network, the impact of more volatile items over which we have limited control as well as the impact from changes in accounting policies and adoption of accounting standards. This measure is considered useful for evaluating our ability to control our expenses on a comparable basis.
The tables below reconcile growth of Operating, selling, administrative and general expenses to normalized growth of expenses:
Normalized growth of operating, selling, administrative and general expenses compared to fiscal 2020, including normalized employee-related costs ("normalized growth of expenses compared to 2020, including employee-related costs"). Normalized growth of expenses compared to fiscal 2020, including employee-related costs consists of the growth of Operating, selling, administrative and general expenses compared to fiscal 2020 adjusted for the impact of the changes in our network, employee-related costs that are not deemed indicative of future trends, the impact of more volatile items over which we have limited control as well as the impact from changes in accounting policies and adoption of accounting standards. This measure is considered useful for evaluating our ability to control our expenses on a comparable basis and against a fiscal year that was subject to limited volatility.
The tables below reconcile growth of Operating, selling, administrative and general expenses to normalized growth of expenses compared to 2020, including employee-related costs:
Growth of same-store merchandise revenues for Europe and other regions. Same-store merchandise revenues represent cumulated merchandise revenues between the current period and comparative period for those stores that were open for at least 23 days out of every 28-day period included in the reported periods. Merchandise revenues are defined as Merchandise and service revenues excluding service revenues. For Europe and other regions, the growth of same-store merchandise revenues is calculated based on constant currencies using the respective current period average exchange rate for both the current and corresponding period. In Europe and other regions, same-store merchandise revenues include same-store revenues from company-operated stores, CODO and DODO stores, as well as Asian corporate stores prior to their acquisition date of December 21, 2020. These last two items are not included in our consolidated results. This measure is considered useful for evaluating our ability to generate organic growth on a comparable basis in our overall European and other regions store network.
The tables below reconcile Merchandise and service revenues to same-store merchandise revenues for Europe and other regions and the resulting percentage of growth :
Earnings before interest, taxes, depreciation, amortization and impairment ("EBITDA") and adjusted EBITDA. EBITDA represents net earnings plus income taxes, net financial expenses, and depreciation, amortization and impairment. Adjusted EBITDA represents EBITDA adjusted for acquisition costs and other specific items for which the impact on consolidated results is not deemed indicative of future trends. These performance measures are considered useful to facilitate the evaluation of our ongoing operations and our ability to generate cash flows to fund our cash requirements, including our capital expenditures program, share repurchases, and payment of dividends.
The table below reconciles net earnings, as per IFRS, to EBITDA and adjusted EBITDA:
Adjusted net earnings and adjusted diluted net earnings per share. Adjusted net earnings represents net earnings adjusted for net foreign exchange gains or losses, acquisition costs and other specific items for which the impact on consolidated results is not deemed indicative of future trends. These measures are considered useful for evaluating the underlying performance of our operations on a comparable basis.
The table below reconciles reported net earnings, as per IFRS, with adjusted net earnings and adjusted diluted net earnings per share:
Interest-bearing debt. This measure represents the sum of the following balance sheet accounts: Current portion of long-term debt, Long-term debt, Current portion of lease liabilities and Lease liabilities. This measure is considered useful to facilitate the understanding of our financial position in relation with financing obligations. The calculation of this measure of financial position is detailed in the ''Net interest-bearing debt/total capitalization'' section below.
Net interest-bearing debt/total capitalization. This measure represents the basis for monitoring our capital as well as a measure of financial condition that is especially used in financial circles.
The table below presents the calculation of this performance measure:
Leverage ratio. This measure represents a measure of financial condition that is especially used in financial circles.
The table below reconciles net interest-bearing debt and adjusted EBITDA, for which the calculation methodologies are described in other tables of this section, with the leverage ratio:
Return on equity. This measure is used to measure the relation between our profitability and our net assets. Average equity is calculated by taking the average of the opening and closing balance for the 52-week period.
The table below reconciles net earnings, as per IFRS, with the ratio of return on equity:
Return on capital employed. This measure is used to measure the relation between our profitability and capital efficiency. Earnings before interest and taxes ("EBIT") represents net earnings plus income taxes and net financial expenses. Capital employed represents total assets less short-term liabilities not bearing interest, which excludes the current portion of long-term debt and current portion of lease liabilities. Average capital employed is calculated by taking the average of the beginning and ending balance of capital employed for the 52-week period.
The table below reconciles net earnings, as per IFRS, to EBIT with the ratio of return on capital employed:
(1) The following table reconciles balance sheet line items, as per IFRS, to capital employed:
Profile
Couche-Tard is a global leader in convenience and fuel retail, operating in 24 countries and territories, with more than 14,000 stores, of which approximately 10,700 offer road transportation fuel. With its well-known Couche-Tard and Circle K banners, it is one of the largest independent convenience store operators in the United States and it is a leader in the convenience store industry and road transportation fuel retail in Canada, Scandinavia, the Baltics, as well as in Ireland. It also has an important presence in Poland and Hong Kong SAR. Approximately 122,000 people are employed throughout its network.
For more information on Alimentation Couche-Tard Inc. or to consult its annual Consolidated Financial Statements and Management Discussion and Analysis, please visit: https://corpo.couche-tard.com.
The statements set forth in this press release, which describes Couche-Tard's objectives, projections, estimates, expectations, or forecasts, may constitute forward-looking statements within the meaning of securities legislation. Positive or negative verbs such as "believe", "can", "shall", "intend", "expect", "estimate", "assume", and other related expressions are used to identify such statements. Couche-Tard would like to point out that, by their very nature, forward-looking statements involve risks and uncertainties such that its results, or the measures it adopts, could differ materially from those indicated in or underlying these statements, or could have an impact on the degree of realization of a particular projection. Major factors that may lead to a material difference between Couche-Tard's actual results and the projections or expectations set forth in the forward-looking statements include the effects of the integration of acquired businesses and the ability to achieve projected synergies, uncertainty related to the duration and severity of the current COVID-19 pandemic, fluctuations in margins on motor fuel sales, competition in the convenience store and retail motor fuel industries, exchange rate variations, and such other risks as described in detail from time to time in the reports filed by Couche-Tard with securities authorities in Canada and the United States. Unless otherwise required by applicable securities laws, Couche-Tard disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking information in this release is based on information available as of the date of the release.
Webcast on June 29, 2022, at 8:00 A.M. (EDT)
Couche-Tard invites analysts known to the Corporation to ask their questions to its management on June 29, 2022, during the question and answer period of the webcast.
Financial Analysts, Investors, media and any individuals interested in listening to the webcast on Couche-Tard's results, which will take place online on June 29, 2022, at 8:00 A.M. (EDT) can do so by either accessing the Corporation's website at https://corpo.couche-tard.com/en and by clicking in the "Investors/Events & Presentations" section or by dialing 1-888-390-0549 or the international number 1-416-764-8682, followed by the access code 37095248#.
Rebroadcast: For individuals who will not be able to listen to the live webcast, a recording of the webcast will be available on the Corporation's website for a period of 90 days.
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SOURCE Alimentation Couche-Tard Inc. | https://www.mysuncoast.com/prnewswire/2022/06/28/alimentation-couche-tard-announces-its-results-its-fourth-quarter-fiscal-year-2022/ | 2022-06-28T22:39:38Z |
Prestigious International Annual Awards Program Recognizes Standout Marketing, Advertising and Sales Technology Around the World
NEW YORK, Aug. 11, 2022 /PRNewswire/ -- AdTheorent Holding Company, Inc. (Nasdaq: ADTH), a leading programmatic digital advertising company using advanced machine learning technology and privacy-forward solutions to deliver measurable value for advertisers and marketers, today announced that it has been selected as the winner of the "Programmatic Marketing Innovation Award" in the MarTech Breakthrough Awards program conducted by MarTech Breakthrough, a leading market intelligence organization that recognizes the top companies, technologies and products in the global marketing, sales and advertising technology industry today. This is AdTheorent's third consecutive year being honored with a Martech Breakthrough Award.
AdTheorent is a digital media platform which focuses on performance-first, privacy-forward methods to execute programmatic digital advertising campaigns, serving both agency and brand customers. Without relying on individualized profiles or sensitive personal data for targeting, AdTheorent utilizes machine learning and advanced data analytics to deliver measurable real-world performance for advertisers.
Central to its ad-targeting and campaign optimization methods, AdTheorent builds custom machine learning models for each campaign using historic and real-time data to predict future consumer conversion actions for every digital ad impression. AdTheorent's privacy-forward targeting focus is statistical, not individualized, with its platform statistically scoring millions of ad impressions per second in order to determine the probability that a given digital ad impression, if served a brand's ad, will drive a desired business outcome. Therefore, AdTheorent does not need to compile or maintain user profiles or rely on cookies or user IDs of any kind for targeting.
Additionally, the platform offers customized vertical solutions to address the needs of advertisers in specialized industries. These specialized solutions feature vertical-specific capabilities related to targeting, measurement and audience validation.
"We are truly honored to be recognized by MarTech Breakthrough Awards," said Jim Lawson, CEO of AdTheorent. "Our platform and machine-learning based solutions are engineered to optimize ad campaigns based on real-time business events, in the most privacy-forward manner that exists today. Our focus transcends ad clicks and video completes; customers value our offerings because of the efficiency with which we can drive measurable outcomes like prescription lift, online sales, form completes, customer registrations, and more."
The mission of the MarTech Breakthrough Awards is to honor excellence and recognize the innovation, hard work and success in a range of marketing, sales and advertising technology related categories, including marketing automation, market research and customer experience, AdTech, SalesTech, marketing analytics, content and social marketing, mobile marketing and many more. This year's program attracted more than 2,950 nominations from over 18 different countries throughout the world.
"The most prevalent method used today in programmatic advertising is cookie-based retargeting, which relies on users' web browsing histories. This method is very personalized and it can be invasive. The second most prevalent method is segment-based audiences. This relies on data whose source, age and reliability is not known or provable. It's often inaccurate and yields significantly lower conversions or advertiser ROI," said James Johnson, Managing Director at MarTech Breakthrough. "Regulatory and industry changes which disfavor individualized and user profile-based advertising are further accelerating demand for privacy-forward solutions. AdTheorent's ML-powered Predictive Advertising doesn't rely on sensitive or individualized personal data for targeting – and it drives tangible business outcomes for their customers. Congratulations on winning the 'Programmatic Marketing Innovation Award.'"
AdTheorent's platform operates on a massive scale with the platform models evaluating millions of impressions per second based on 700+ data attributes, identifying data correlations among conversions and optimizing targeting based on each impression's predictive score. AdTheorent evaluates over a million impressions each second.
About AdTheorent
AdTheorent (Nasdaq: ADTH) uses advanced machine learning technology and privacy-forward solutions to deliver impactful advertising campaigns for marketers. AdTheorent's machine learning-powered Platform A\T powers its predictive targeting, geo-intelligence, audience extension solutions and in-house creative capability, Studio A\T. Leveraging only non-sensitive data and focused on the predictive value of machine learning models, AdTheorent's product suite and flexible transaction models allow advertisers to identify the most qualified potential consumers coupled with the optimal creative experience to deliver superior results, measured by each advertiser's real-world business goals.
AdTheorent is consistently recognized with numerous technology, product, growth and workplace awards. AdTheorent was named an AdExchanger 2022 Top 50 Programmatic Power Player and was honored with an AI Breakthrough Award and "Most Innovative Product" (B.I.G. Innovation Awards) for five consecutive years. Additionally, AdTheorent is the only six-time recipient of Frost & Sullivan's "Digital Advertising Leadership Award." AdTheorent is headquartered in New York, with fourteen offices across the United States and Canada. For more information, visit adtheorent.com.
About MarTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the MarTech Breakthrough Awards program is devoted to honoring excellence in marketing, ad and sales technology companies, products and people. The MarTech Breakthrough Awards provide a platform for public recognition around the achievements of breakthrough marketing technology companies and products in categories including marketing automation, AdTech, SalesTech, marketing analytics, CRM, content and social marketing, website, SEM, mobile marketing and more. For more information, visit MarTechBreakthrough.com.
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SOURCE AdTheorent | https://www.wibw.com/prnewswire/2022/08/11/adtheorent-wins-programmatic-marketing-innovation-award-2022-martech-breakthrough-awards-program/ | 2022-08-11T15:20:20Z |
Sprayground's First Golf Collection Captures A Modern Take On Classic Golf Bags And Polos While Adding Their Famous Sprayground Twist That Stays True To The Brand's Mantra
NEW YORK, June 2, 2022 /PRNewswire/ -- Golf is a sport that can be played by anyone, anywhere, yet the styles on the course are usually all the same. Wanting to add edge, fun, but keep it high fashion, Sprayground - the world's most rebellious, artistically innovative fashion brand, known for its unique and vibrant accessories and backpacks - is making its mark on golf style with ultra-sharp pieces for those who see golf more as a religion than a sport.
Introducing the 'HENNY AIIR TO THE THRONE' collection, an exciting avant-garde golf capsule to add to your warm summer's days on the course. Sprayground's surefire flex-worthy golf collection, features a bold streetwear style that gets respect everywhere you take it. With enticing duffel bags, eye-catching backpacks, cross-body bags, luggage, as well as a first-of-its-kind Sprayground golf bag – the brand has created the most eccentric and unique golf essentials that will definitely stand out on the first tee.
This must-have golf collection also includes form-fitting polos made to keep you looking dry, dapper and comfortable while playing the full 18. Using 100% Pima cotton made in Peru, the ultra-soft polos show off the right amount of flair in the collar, featuring some of the brand's fan-favorite monograms and patterns, paying homage to their most iconic designs. Each design in this collection includes Sprayground's iconic shark-mouth trademark logo and collectible art piece.
Sustainable, practical, and fashion-forward are just some of the most distinctive qualities of Sprayground's legacy. Known for its generally eye-catching designs - along with high-quality materials - the 'HENNY AIIR TO THE THRONE' is no different.
The new collection will be available exclusively at www.sprayground.com.
Contact: Holly Landeros, hollypr@sprayground.com
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SOURCE Sprayground | https://www.mysuncoast.com/prnewswire/2022/06/02/golf-just-got-more-swag-with-spraygrounds-first-ever-capsule-collection-aimed-golfers/ | 2022-06-02T15:54:28Z |
CINCINNATI (AP) — Max Scherzer turned in a stellar performance for the New York Mets in his return from an oblique injury.
Perhaps more importantly for the NL East leaders, the ace right-hander felt good the entire time on a steamy Tuesday night in Cincinnati.
Scherzer struck out 11 while pitching six innings of two-hit ball, but New York lost 1-0 to the last-place Reds on Mike Moustakas’ game-ending sacrifice fly.
Scherzer, who turns 38 in three weeks, had been sidelined by a strained oblique muscle on his left side. It was his first big league game since May 18.
“I felt great,” he said. “No issues whatsoever today. Felt strong all the way through. (The oblique) never tightened up on me, so that’s a good thing.”
Mets manager Buck Showalter took Scherzer out after 79 pitches — mostly fastballs and sliders — but the ace believed he could have gone deeper into the game.
“This is a good problem to have,” Scherzer said. “Buck is going to make the best decision for the ballclub and for my health and my long-term health, so I completely understand where he’s coming from. With that being said, I didn’t have any problems tonight. I felt good. I felt strong. I had nothing tighten up. I wanted to get to that 90, 95 pitch count.”
Tommy Pham led off the Cincinnati ninth with a double into the right-field corner against Seth Lugo (1-2). It was the Reds’ fourth hit of the game.
Tyler Naquin was walked intentionally before Donovan Solano walked to load the bases. Moustakas’ deep fly ball to center drove in Pham with the game-winner.
“It is kind of how you want to draw it up when you’re coming up to win the game,” Moustakas said. “You just get a pitch to hit and don’t miss it.”
Reds rookie Nick Lodolo combined with four relievers on a six-hitter. Lodolo struck out eight and gave up just three hits in 4 2/3 innings in his return from a back injury.
It was Lodolo’s first major league game since April 24.
“Lodolo — as good as he was — that lineup made him work,” Reds manager David Bell said. “He was really on a mission.”
Hunter Strickland (2-2) got three outs for the win.
“I’m so happy for the bullpen, they kept us right there,” Bell said.
“I know the players are frustrated to have that kind of outing, but I knew that their pitcher was going to be a challenge before the game,” Showalter said of Lodolo. “Watching a lot of stuff on him and talking to people, we knew he was going to be a challenge for us tonight. I was hoping it wasn’t that much of a challenge as it ended up being.”
The Reds threatened in the eighth, putting runners on second and third with one out. But Tommy Hunter got Jonathan India to pop out and Brandon Drury to fly out to right.
DELAYED
There was a 53-minute weather delay before the start of the game. But it never rained.
NICE CATCH
Pham prevented a potential extra-base hit in the Mets ninth when he went into the left-field corner to snag a deep fly off the bat of Jeff McNeil.
TRAINERS ROOM
Reds: RHP Tony Santillan (back) was transferred to the 60-day injured list. … RF Tyler Naquin (strained quadriceps) was back in the lineup for the first time since May 31.
MOVES
The Reds claimed right-hander Ian Gibaut off waivers from the Dodgers. They also optioned utilityman Max Schrock and catcher Mark Kolozsvary to Triple-A Louisville. Catcher Chris Okey was designated for assignment. … To make room on the roster for Scherzer, the Mets designated lefty Chasen Shreve for assignment.
UP NEXT
Right-hander Graham Ashcraft (4-2, 4.53 ERA) starts for the Reds against Mets lefty David Peterson (5-1, 3.24 ERA). Ashcraft was tagged for seven runs and seven hits in 2 1/3 innings in a 15-7 loss to the Cubs last week. Peterson is coming off the paternity list to start for New York.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/reds-spoil-scherzers-return-with-a-1-0-ninth-inning-win/ | 2022-07-06T10:42:16Z |
NEW YORK, June 13, 2022 /PRNewswire/ -- Attention IonQ, Inc. ("IonQ") (NYSE: IONQ) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors who purchased between March 30, 2021 and May 2, 2022.
If you suffered a loss on your investment in IonQ, contact us about potential recovery by using the link below. There is no cost or obligation to you.
https://www.wongesq.com/pslra-1/ionq-inc-loss-submission-form?prid=28391&wire=4
ABOUT THE ACTION: The class action against IonQ includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) IonQ had not yet developed a 32-qubit quantum computer; (2) the Company's 11-qubit quantum computer suffered from significant error rates, rendering it useless; (3) IonQ's quantum the computer is not sufficiently reliable, so it is not accessible despite being available through major cloud providers; (4) a significant portion of IonQ's revenue was derived from improper roundtripping transactions with related parties; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were the materially misleading and/or lacked a reasonable basis.
Aggrieved IonQ investors only have until August 1, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.mysuncoast.com/prnewswire/2022/06/13/class-action-alert-law-offices-vincent-wong-remind-ionq-investors-lead-plaintiff-deadline-august-1-2022/ | 2022-06-13T11:31:10Z |
An inflation gauge closely tracked by the Federal Reserve rose 6.3% in April from a year earlier, the first slowdown since November 2020 and a sign that high prices may finally be moderating, at least for now.
The inflation figure the Commerce Department reported Friday was below the four-decade high of 6.6% set in March. While high inflation is still causing hardships for millions of households, any slowing of price increases, if sustained, would provide some modest relief.
The report also showed that consumer spending rose at a healthy 0.9% annual rate from March to April, outpacing the month-to-month inflation rate for a fourth straight time. The ongoing willingness of the nation’s consumers to keep spending freely despite inflated prices is helping sustain the economy. Yet all that spending is helping keep prices high and could make the Federal Reserve’s goal of taming inflation even harder.
“Inflation is finally slowing, but it’s a little early for high-fives,” said Bill Adams, chief economist at Comerica Bank.
Adams noted that gas and food prices have risen in May and that Russia’s war against Ukraine and COVID-19-related lockdowns in China could further disrupt supply shortages and send prices accelerating again.
Consumers’ resilience in the face of sharply higher prices suggests that economic growth is rebounding in the current April-June quarter. The economy shrank at a 1.5% annual rate in the first quarter, mostly because of an increase in the trade deficit. But analysts now project that, on an annual basis, it’s growing as much as 3% in the current quarter.
Americans have been able to keep spending, despite higher inflation, because of rising wages, a stockpile of savings built up during the pandemic and a rebound in credit card use. Economists say those factors could bolster spending and support the economy for much of this year.
Incomes rose 0.4% from March to April, Friday’s report showed, slightly faster than inflation. Still, high inflation is forcing consumers, on average, to save less. The savings rate fell to 4.4% last month, the lowest level since 2008. Overall, though, Americans have built up an additional $2.5 trillion in savings since the pandemic, and economists calculate that that pile is eroding only slowly.
Friday’s report showed that on a month-to-month basis, prices rose 0.2% from March to April, down from the 0.9% increase from February to March. The April increase was the smallest since November 2020.
Excluding the volatile food and energy categories, so-called core prices rose 0.3% from March to April, matching the previous month’s rise. Core prices climbed 4.9% from a year earlier, the first such drop since October 2020.
Still, inflation remains painfully high, and it’s inflicting a heavy burden in particular on lower-income households, many of them Black or Hispanic. Surging demand for furniture, appliances and other goods, combined with supply chain snarls, began sending prices surging about a year ago.
Consumers have shifted some of their spending from goods to services, like airline fares and entertainment tickets. That trend could help cool inflation in the months ahead, though it’s unclear by how much.
Goods prices, which were the major drivers of inflation last year, fell 0.2% from March to April after having jumped the previous month. Used car prices dropped 2.3% in April, though they’re still much more expensive than a year ago. The cost of clothing, appliances, and computers also declined.
And retailers like Target have reported rising stockpiles of televisions, patio furniture and other goods for the home as consumers have shifted their spending more toward travel and services-related goods like luggage and restaurant gift cards.
Those stores will likely have to offer discounts to clear inventory in the coming months. And auto manufacturers have been ramping up production as some supply chain snarls untangle and as they have managed to hire more workers. Both trends could keep reducing the cost of manufactured items.
Yet the cost of such services as restaurant meals, plane tickets and hotel rooms is still rising, offsetting much of the relief from cheaper goods. And the rising prices of gas and food, worsened by Russia’s invasion of Ukraine, will keep measures of inflation painfully high at least into the summer. The national average price of a gallon of gas has reached $4.60, according to AAA. A year ago, it was $3.04.
Chair Jerome Powell has pledged to keep ratcheting up the Fed’s key short-term interest rate until inflation is “coming down in a clear and convincing way.” Those rate hikes have spurred fears that the Fed, in its drive to slow borrowing and spending, may push the economy into a recession. That concern has caused sharp drops in stock prices in the past two months, though markets have rallied this week.
Powell has signaled that the Fed will likely raise its benchmark rate by a half-point in both June and July — twice the size of the usual rate increase.
Most economists have forecast that inflation, as measured by the Fed’s preferred gauge, will still be at about 4% or higher by the end of this year. Price increases at that level would likely mean that the Fed will still raise interest rates to lower inflation to its 2% target.
A better-known inflation gauge, the consumer price index, earlier this month also reported a slowing in price gains. The CPI jumped 8.3% in April from a year earlier, down from a 40-year high in March of 8.5%.
The inflation measure reported Friday, called the personal consumption expenditures price index, differs in several ways from the consumer price index that help explain why it shows a lower inflation level than the CPI does.
The PCE is a broader measure of inflation that includes payments made on behalf of consumers, such as medical services covered by insurance or government programs. The CPI covers only out-of-pocket costs, which in recent years have risen more. Rents, which are steadily rising, are also given less weight in the PCE than in the CPI.
The PCE price index also seeks to account for changes in how people shop when inflation jumps. As a result, it can capture, for example, when consumers switch from pricey national brands to cheaper store brands. | https://cw33.com/business/ap-business/key-inflation-gauge-slowed-to-still-high-6-3-over-past-year/ | 2022-05-27T22:22:36Z |
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