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Which anti-fatigue mat for a standing desk is best?
Sitting at a desk for extended periods is not very good for your health. And while standing is better for you, it can fatigue your legs, back and more. That’s why you should invest in a good anti-fatigue mat for your standing desk.
An anti-fatigue mat is a rectangular mat that provides support for your legs and back. It also helps boost productivity and can improve your posture. However, there are several things you should consider before making an informed decision. One high-quality and affordable option is the Kangaroo anti-fatigue cushioned floor mat. It has extra support with its padded comfort foam.
What to know before you buy an anti-fatigue mat for a standing desk
Design
Flat anti-fatigue mats are usually the first choice for those new to these mats. They look very similar to regular mats but provide more support to reduce any discomfort that comes from standing on hard floors.
Textured anti-fatigue mats come in different shapes and have a series of dents, curves and balls to improve blood flow throughout the body. You can also use mats like this to massage and stimulate your feet throughout the day.
Material
Gel anti-fatigue mats are popular as kitchen floor mats. They have a gel core that makes standing on them feel like you’re wearing extra-comfortable shoes. You can use this type of mat for light-duty tasks.
Foam anti-fatigue mats are typically the most affordable, but they can wear out quickly as they can’t withstand constant human traffic. They are very soft and, as such, are best used in areas of the home where there is little activity.
Foam-rubber anti-fatigue mats combine foam and rubber. The different layers include a foam core and an outer rubber covering. This prevents sinking with extended use. Foam rubber anti-fatigue mats are comfortable, durable and last in high traffic areas.
Hard-rubber anti-fatigue mats are the most durable. However, they are very similar to a hard floor, so they may not be ideal for at-home use. They are more effective in factory-like environments.
What to look for in a quality anti-fatigue mat for a standing desk
Size
It’s important to know what size anti-fatigue mat you need before you make your purchase. Larger mats give you more room to stand on and allow you to move around. For optimum anti-fatigue benefits, it’s best to get a mat that’s at least two feet by three feet.
Thickness
The thicker an anti-fatigue mat is, the more effective it will be in providing comfort to your muscles. Thick mats support your body while you stand and can improve posture and blood circulation. Thick mats are also more durable than thin mats. The best thickness is 3/4 inch or more.
Ease of cleaning
The ideal anti-fatigue mat should be easy to clean. You are likely to stand on the mat for hours, so it will eventually get dirty. It’s best to get a mat you can wash and disinfect without much difficulty.
Safety
It’s important to consider the safety of your anti-fatigue mat, especially if you’re in an area with water. The top surface of the mat should grip your feet while the bottom surface should grip the floor. These features help to prevent slips, trips and falls.
How much you can expect to spend on an anti-fatigue mat for a standing desk
The most affordable mats cost $14-$37 while other, more expensive mats cost around $1,000.
Anti-fatigue mat for a standing desk FAQ
Where can you use an anti-fatigue mat?
A. You can use anti-fatigue mats in any location where you stand on your feet for a long time. You can use them in the kitchen, at work or in front of a standing desk in your home office.
How long does an anti-fatigue mat last?
A. This entirely depends on what materials your anti-fatigue mat is made of and how often it’s used. A thin foam mat might last as little as four months, while thicker varieties can last up to four years.
How do you clean an anti-fatigue mat?
A. You can clean your anti-fatigue mat with mild soap and warm water. You can also use a mild detergent or dishwashing liquid to clean the mat. Do not wash them in a washing machine.
What’s the best anti-fatigue mat for a standing desk to buy?
Top anti-fatigue mat for a standing desk
Kangaroo Anti-Fatigue Cushioned Floor Mat
What you need to know: This is a comfortable and durable mat that’s suitable for home and work.
What you’ll love: The mat is ¾-inch thick and provides extra support in various situations. It’s stain-resistant and comes in several colors and sizes. It’s specially designed for long periods of standing.
What you should consider: The thickness of the mat makes it less attractive, since it might appear bulkier than normal mats.
Where to buy: Sold by Amazon
Top anti-fatigue mat for a standing desk for the money
Sky Solutions Anti-Fatigue Mat
What you need to know: This top-notch cushioned mat that supports the entire body and ensures maximum comfort while standing is suitable for home use.
What you’ll love: It’s comfortable to stand on whether you wear shoes or not. It’s great for all types of flooring and won’t leave any marks.
What you should consider: The patterns on the mat might fade with increased use.
Where to buy: Sold by Amazon
Worth checking out
Gorilla Grip Anti-Fatigue Cushioned Comfort Mat
What you need to know: This is an affordable and durable anti-fatigue mat that’s perfect for high-traffic areas. It’s also washable, stain-resistant and durable.
What you’ll love: The mat is easy to clean and has extra cushioning for safety and efficiency. It is available in a wide range of sizes and colors.
What you should consider: The top surface is smooth, which may lead to slips and falls.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/health-wellness-br/massage-relaxation-br/best-anti-fatigue-mat-for-a-standing-desk/ | 2022-06-12T17:47:01Z |
MoneyGram will utilize the Rafay Kubernetes Operations Platform and Amazon EKS to speed digital transformation initiative
SUNNYVALE, Calif., June 21, 2022 /PRNewswire/ -- Rafay Systems, a leading platform provider for Kubernetes Operations, announced today that MoneyGram has selected the Rafay Kubernetes Operations Platform (KOP) as its Kubernetes provider and Amazon Web Services (AWS) as its global cloud provider. Through these relationships, MoneyGram is building a best-in-class Kubernetes operations practice and further expanding cloud-native application development and infrastructure modernization initiatives.
MoneyGram is one of the world's leading brands that powers cross-border money transfers, having served more than 150 million people over the past five years. Over five years ago, the company embarked on a digital transformation initiative to rapidly evolve its business model and deliver innovative financial solutions that connect the world's communities. Now, MoneyGram leverages its modern, mobile, and API-driven platform and collaborates with the world's top brands to serve consumers through its direct-to-consumer digital channel, global retail network, and embedded finance business for enterprise customers.
"Our strategic digital transformation initiative is critical to meeting our goal to provide modern financial solutions to customers around the world," said Joe Vaughan, Chief Technology Officer at MoneyGram. "In cooperation with Rafay and AWS, we are able to deliver new, innovative products and services to the global market faster and manage them cost-effectively."
By leveraging Rafay and AWS, MoneyGram has launched a fully functional Kubernetes operations practice in less than three months and been able to achieve the following:
- Standardize on Amazon Elastic Kubernetes Service (Amazon EKS): MoneyGram's choice of Amazon EKS gives them access to the flexibility of Kubernetes with the security, scalability, and resiliency of a fully managed AWS service.
- Standardize Cluster & Environment: MoneyGram now has an easier way for clusters and environments to be centrally defined and managed across multiple internal teams and across AWS regions.
- Secure and Control Developer Access: MoneyGram now has a high-level of control over developer and operator access to Kubernetes infrastructure, with simplified isolation boundary management between development teams, along with central auditing of all developer and operator activity.
- Reduce Kubernetes Management Overhead: By leveraging the Rafay platform, MoneyGram's Site Reliability Engineering (SRE) team can now focus on higher-value product innovation activities, versus constantly dealing with Kubernetes management complexities.
"It is incredible to see how fast a company can accelerate along its path to modernization by moving to the cloud and standardizing on Kubernetes," said Haseeb Budhani, CEO and co-founder of Rafay Systems. "MoneyGram's teams are deploying more applications in AWS faster than ever before, and we could not be prouder of the collaboration between the three companies as we work to play a small role in MoneyGram's continued success."
"Customers around the globe are modernizing their applications faster with Amazon EKS," said Barry Cooks, Vice President, Kubernetes at AWS. "We are excited to work with Rafay to help MoneyGram streamline their Kubernetes operations so that they can focus on what matters most—delivering innovative products to their end users."
Read more about MoneyGram's application modernization journey at https://rafay.co/resources/moneygram-accelerates-digital-transformation-streamlines-amazon-eks-operations-with-rafay/.
"MoneyGram's modernization strategy is building the future of digital payments," continued Joe Vaughan, Chief Technology Officer at MoneyGram International. "That means we must reimagine the ways family and friends send money around the globe and reinvent how we deliver our products and services to our customers."
Ready to platform your Kubernetes operations practice? Sign up for a free trial of Rafay at: https://rafay.co/start/
Rafay Systems offers the industry's first Kubernetes Operations Platform to help enterprises maximize the value of containerized applications that deliver today's business innovation. With Rafay's unified platform teams can operate modern application infrastructure at scale across public clouds, data centers, and the Edge. A full suite of turnkey services helps streamline deploying apps across multiple environments and deliver enterprise-grade control and governance to application deployment workflows. This breakthrough approach brings a new and much-needed operations mindset to the increasingly outdated Kubernetes Management market. With the Rafay Kubernetes Operations Platform, platform teams enjoy centralized visibility, management and automation across once disparate processes and systems, resulting in the improved delivery of modern applications. Rafay's growing customer roster includes clients such as Verizon, SonicWall, and Guardant Health. For more information, please visit www.rafay.co.
MoneyGram International, Inc. (NASDAQ: MGI), a global leader in the evolution of digital P2P payments, delivers innovative financial solutions to connect the world's communities. With a purpose-driven strategy to mobilize the movement of money, a strong culture of fintech innovation, and leading customer-centric capabilities, MoneyGram has grown to serve over 150 million people in the last five years. The Company leverages its modern, mobile, and API-driven platform and collaborates with the world's top brands to serve consumers through its direct-to-consumer digital channel, global retail network, and embedded finance business for enterprise customers. MoneyGram is also a leader in pioneering cross-border payment innovation and blockchain-enabled settlement. For more information, please visit ir.moneygram.com, follow @MoneyGram on social media, and explore the website and mobile app through moneygram.com.
Rafay Systems Media Contact
Olivia Heel
Catapult PR-IR
pr@rafay.com
MoneyGram Media Contact
Sydney Schoolfield
media@moneygram.com
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SOURCE Rafay Systems | https://www.wibw.com/prnewswire/2022/06/21/rafay-systems-aws-streamline-kubernetes-operations-accelerate-modern-application-delivery-moneygram/ | 2022-06-21T16:46:30Z |
New law will open door for relief poisoned at Camp Lejeune
COLUMBIA, S.C., Aug. 2, 2022 /PRNewswire/ -- Americans of all stripes cheered today as the United States Senate finally passed the long-awaited Honoring Our Promise to Address Comprehensive Toxics (PACT) Act in a bipartisan 86 - 11 vote which not only expanded health care and disability benefits to millions of veterans exposed to toxic burn pits, but also clears the way for the potentially hundreds of thousands of Americans exposed to toxic water at Camp Lejeune from 1953-1987.
"Today the United States Senate stepped forward to take responsibility for the countless men, women and children poisoned at Camp Lejeune," said Pete Strom, founder of The Strom Law Firm. "It's an important step, it's a moral vote and it's long overdue."
Today's vote sends the Camp Lejeune Justice Act, included in the PACT Act, to President Joe Biden's desk where, if signed, it will reopen the claim period for an additional two years so anyone impacted by the toxic water can seek medical and compensatory damages.
The PACT Act has drawn particular attention when Republican opposition blocked the bill from passage last week sparking a national backlash and outcry.
"Potentially hundreds of thousands of Americans are suffering from everything from Non-Hodgkin's lymphoma and liver toxicity to infertility and dementia because of the contaminated water at Camp Lejeune," said Bakari Sellers, an attorney with Strom Law Firm. "That's not just the Marines. It's their families, their children, school teachers, contractors and more. They didn't deserve this and now we have the chance to make it right."
Click HERE for more information about the Camp Lejeune water contamination and its health impacts.
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SOURCE Strom Law Firm | https://www.wibw.com/prnewswire/2022/08/03/attorneys-cheer-pact-act-passage/ | 2022-08-03T02:05:00Z |
Services for Pamela Diane Lockett, 37, of Temple will be noon Saturday at Branford/Dawson Funeral Home in Temple with the Rev. Demetrius Beachum officiating.
Burial will be in Antioch Cemetery in Heidenheimer.
Mrs. Lockett died Sunday, May 8, at her residence.
She was born Dec. 18, 1984, in Temple to Bobby and Vicki Lynn Thomas Lockett. She attended Temple High School.
Survivors include two sons, Koron Lockett of Temple and Nazir Barrow of Killeen; three daughters, Asia Johnson, Korea Johnson and Chyna Lockett, all of Temple; her father of Rosebud; her mother of Temple; three brothers, Bobby Lockett Jr. of Cameron, Christian “CJ” Alexander of Dallas and Ray Sharrod Lockett of Killeen; three sisters, Daz Reanna Lockett and Breanna Lockett, both of Killeen, and Taquia Lockett of Temple.
Visitation will be 2-6 p.m. Friday at the funeral home. | https://www.tdtnews.com/obituaries/article_8dcfe908-d6ff-11ec-90b9-7712ce6e2588.html | 2022-05-19T07:54:11Z |
U.S. District Court of the Northern District of California orders immediate re-start of EB-5 regional center program; enjoins USCIS from deauthorization of EB-5 regional centers, enabling Behring to accept new EB-5 investors
BLACKHAWK, Calif., June 25, 2022 /PRNewswire/ -- Behring Co., a vertically integrated real estate developer and the operator of Behring Regional Center ("BRC"), praised the U.S. District Court of the Northern District of California's decision to issue a preliminary injunction, setting aside the deauthorization of EB-5 regional centers by U.S. Citizenship and Immigration Services ("USCIS"). Today's decision by U.S. District Judge Vince Chhabria held that USCIS almost certainly committed legal error when it unilaterally deauthorized designated EB-5 regional centers existing at the time that the EB-5 Reform and Integrity Act of 2022 ("RIA") was enacted into law and required regional centers to apply and receive approval for new designation before allowing them to operate and accept new EB-5 investors. Read the decision here.
The court's decision means that EB-5 investors can file new I-526 petitions now. The court's order enables Behring Regional Center, and all pre-authorized Regional Centers, to sponsor EB-5 projects. USCIS is required to accept I-526 petitions filed by new EB-5 investors that make qualified EB-5 investments through BRC. BRC attorneys at Greenberg Traurig welcomed the decision: "We are so pleased that the court recognized the true congressional intent," said Laura Reiff, shareholder at GT. "Existing regional centers can now operate and accept new investors. This is a program that should be embraced by the agency and the country as it brings much-needed revenue into the US and helps with job creation."
Behring will be hosting a webinar discussing the EB-5 program and the current updates in detail on June 27, 2022 at 4:00 PM PST. View Webinar Registration
When challenging USCIS's unilateral cancelation of EB-5 regional centers in April, BRC asserted that USCIS actions were contrary to the plain meaning of the RIA. BRC further asserted that USCIS's creation of new Forms I-956 and redesignation requirements violated the Administrative Procedure Act because USCIS did not go through notice-and-comment rulemaking. In granting BRC's preliminary injunction, the court stated that "Behring has made an exceedingly strong showing that the agency violated the APA. USCIS was almost certainly wrong in assuming that the Integrity Act affirmatively deauthorized existing regional centers, so the agency was almost certainly wrong to announce that the centers are no longer authorized." It agreed that BRC was likely to succeed on the merits of its case and that USCIS was wrong to assume that the RIA de-authorized existing regional centers. In recent weeks, Congress also had signaled its support when sending letters informing USCIS that its actions were against Congress's intent to restart the EB-5 Regional Center Program as quickly as possible after a 9-month lapse.
"It is an amazing victory for EB-5 investors, and we look forward to having the opportunity to go back to work creating jobs and promoting economic growth," said Colin Behring, CEO of Behring Regional Center LLC. With an active EB-5 project that is already I-924 exemplar approved, Behring investors will have the first opportunity to be eligible for the new 2,000 visas set aside for high unemployment (Target Employment Area) investments. Behring's EB-5 investment options include lower risk debt-style investments and higher earning preferred equity and common equity, all of which are open to investors immediately.
About Behring Co.
Behring Co. is a vertically integrated real estate developer, private equity fund manager, and EB-5 regional center serving the San Francisco Bay Area and Silicon Valley. Behring owns and operates the Behring Regional Center, a USCIS accredited EB-5 regional center with 100-percent investor approval history serving hundreds of investors since 2013. For more information, please visit www.behringEB5.com.
Contacts
Colin Behring
cbehring@behringco.com
+1 925-575-9634
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SOURCE Behring Companies | https://www.kxii.com/prnewswire/2022/06/25/eb-5-investments-restart-after-behrings-major-legal-victory/ | 2022-06-25T21:27:38Z |
(The Hill) — Ukrainian President Volodymyr Zelensky was involved in a car accident early Thursday morning in Kyiv but suffered “no serious injuries,” his press secretary said.
Another car collided with the president’s car and his escort vehicles in Ukraine’s capital city, Zelensky’s press secretary Sergii Nykyforov said in a statement.
“The president was examined by a doctor, no serious injuries were found,” Nykyforov said.
The driver in the other car was treated by medics accompanying Zelensky and transferred to an ambulance, according to Nykyforov.
Law enforcement officials are investigating the circumstances of the accident, he added.
Zelensky visited Izyum in northeastern Ukraine on Wednesday, after Ukrainian forces retook the city from Russian forces as part of a major counteroffensive over the weekend.
The Ukrainian leader is seeking to address the U.N. General Assembly via video next week; however, Russia is looking to block the virtual speech. | https://cw33.com/news/nexstar-media-wire/zelensky-involved-in-car-crash-but-suffers-no-serious-injuries/ | 2022-09-15T17:24:46Z |
New Makeup Collection from Makeup Revolution is Aiming to Inspire Real Life Beauty
NEW YORK, July 20, 2022 /PRNewswire/ -- Makeup Revolution, the ever-popular British beloved makeup brand launches today, IRL Filter Foundation, an all-new foundation line available exclusively at ULTA Beauty stores nationwide, on Ulta.com and RevolutionBeauty.com. With 30 inclusive and skin-loving shades, the breathable foundation supports your skin's true beauty leaving beauty filters behind. IRL Foundation serves as confidence in a bottle and is formulated to diffuse pores and withstands a 16-hour wear – No touch ups needed!
Makeup Revolution launches IRL Filter Foundation to their coveted makeup portfolio with a campaign aiming to inspire consumers to feel confident with the comfortable long wear formula.
The soft matte and breathable foundation is oil-free, provides 20% more pigment for easy buildable coverage and is infused with Niacinamide for diffusing pores and concealing potential blemishes. With 30 shades ranging from fair to deep that are vegan and cruelty-free, Makeup Revolution continues to embrace a diverse breadth of consumers.
"With IRL Filter Foundation being one of our biggest launches to date, we are so eager to introduce this campaign to Gen Z and Young Millennials that have shown to be influential and supportive in finding real beauty within, a message that resonates with everyone here at Makeup Revolution," states Adam Minto, CEO and Founder of Revolution Beauty. "Following our success of Conceal & Define and Fast Base collections, we worked to further develop a new inspiring collection with IRL Filter Foundation that will adhere to a variety of consumers."
As the makeup brand behind viral TikTok's stemming from Gen Z and Young Millennials, Revolution Beauty addressed their combined social and retail audience of 8 million to take part in a survey surrounding filter use within their demographic. Results show that 40% of young people distort their appearance on every image they share, 80% of 13–34-year-olds suffer self-esteem issues based on their appearance and 1 in 2 girls dislike the way they look without filter. With Revolution Beauty conducting their own research, IRL Filter Foundation was born to help consumers build confidence and refrain from using filters on social media. In support of #NoFilterRevolution, Makeup Revolution has pledged £25,000 to The Mix, UK's leading support service for those under 25 years of age. Through a 24-hour helpline, The Mix takes on the coming-of-age questions that people under 25 have in order to give them the best support and assure all young people are able to make informed choices about their physical and mental wellbeing. Together, Makeup Revolution and The Mix are providing tools for the next generation to embrace true beauty.
The Makeup Revolution IRL Filter Foundation ($13) is available exclusively at ULTA stores nationwide, on Ulta.com and RevolutionBeauty.com.
ABOUT MAKEUP REVOLUTION// FOLLOW US @MAKEUPREVOLUTION
Makeup Revolution is a British-based, independent company available in over 60 countries worldwide. Makeup Revolution falls under the Revolution Beauty brand umbrella, accompanied with I Heart Revolution, Revolution PRO and Revolution Skincare. Revolution Beauty is the fastest growing company in the UK (December 2018), according to The Sunday Times. #OpenMinds is Revolution's call for everyone to celebrate diversity, embrace imperfection, respect self-expression and support beauty in its many shapes and forms. All Makeup Revolution products are PETA-certified cruelty free, never tested on animals and 76% vegan (and growing!).
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SOURCE Revolution Beauty | https://www.wibw.com/prnewswire/2022/07/20/makeup-revolution-introduces-irl-filter-foundation/ | 2022-07-20T14:05:20Z |
STOCKHOLM, June 20, 2022 /PRNewswire/ -- Autoliv, Inc. (NYSE: ALV) and (SSE: ALIVsdb), the worldwide leader in automotive safety systems, is adapting to new business conditions and is beginning to see results from its price increase negotiations with customers to offset inflationary pressures.
Market and business update
Year-to-date, global LVP has been limited by supply side issues and COVID-19 related lockdowns in China, rather than by underlying market demand issues. The lockdowns in China have affected the LVP more negatively than expected. This led to more than 40% year-over-year Chinese LVP decline in April. May saw a recovery to around flat vs. May 2021. IHS Markit's latest update for the second quarter LVP in China is 11% lower than it was in April, when our Q1 2022 results were published. Furthermore, vehicles with high safety content were reduced in China in May leading to a negative content mix for Autoliv. Government incentives are expected to drive a second half year recovery. Therefore, combined with an improved availability of semiconductors, IHS Markit expects that the second half of 2022 will recover what was lost in the second quarter and thus global LVP growth remains at around 5% for the full year.
Autoliv is accelerating mitigation activities to support our medium-term targets
Autoliv continues to work intensely with customers to secure price increases to compensate for the inflationary pressure and supply chain disruptions. We have made progress on cost recovery through sustainable price increases, with some customer pricing being retroactive to cover costs incurred earlier in 2022. We preserve our ability to seek further adjustments in the future should the need arise.
In parallel with the price negotiations, Autoliv is introducing further cost reductions to reduce annualized spend, mainly by reviewing and prioritizing certain projects, reducing headcount, consultants, and temporary employees.
"Our mitigation activities include price negotiations with customers to support a sustainable business model in the current higher inflationary environment. This includes sustainable price increases and a higher frequency of price adjustments as well as broad-based cost reductions," says Mikael Bratt, President and CEO of Autoliv. "This means negotiating more flexible customer contracts to ensure that inflationary pressures are effectively pushed through the value chain. It also includes closer engagement with customers to enable more predictable production schedules," Mikael Bratt continues.
Reiterating full-year indications
Despite the challenging environment, Autoliv reiterates its full-year 2022 indications of an organic sales growth of around 12-17% and an adjusted operating margin of around 5.5%-7.0% based on the assumptions that global LVP will grow by 0-5% and that we continue to achieve our targeted cost inflation compensation objectives.
"We have seen conditions change in the automotive industry which impacts Autoliv and the whole supply chain. Based on Autoliv's mitigation activities to date and future planned activities, I am comfortable in reiterating our full year organic sales and adjusted operating margin indications despite additional headwind with regards to inflationary pressure and the challenges in China," says Mikael Bratt, President and CEO of Autoliv. "We maintain a healthy balance sheet and remain committed to a shareholder friendly capital allocation policy as communicated at our Capital Markets Day last year."
Inquiries:
Investors & Analysts: Anders Trapp, Tel +46 (0)8 587 206 71
Investors & Analysts: Henrik Kaar, Tel +46 (0)8 587 206 14
Media: Gabriella Ekelund, Tel +46 (70) 612 64 24
This information was brought to you by Cision http://news.cision.com
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SOURCE Autoliv | https://www.wibw.com/prnewswire/2022/06/20/autoliv-adapts-new-business-conditions-reiterates-full-year-indications/ | 2022-06-20T19:12:33Z |
The 8 best PS5 controller charging stations
Few managed to get their hands on a PS5 since the demand for the console exceeded supply by an unprecedented margin, but the good news is that Sony plans to release a revised version on September 15.
Getting a charging station is a good idea if you’re set on buying a new PS5. That way, you can juice up your controller when you’re not playing, so it’s ready to go when you are.
In this article: PlayStation DualSense Charging Station, Oivo PS5 Controller Charging Station and Razer Quick PS5 Controller Charging Stand.
What to know about PS5 controller charging stations
Clear the clutter
Your gaming area can be untidy if you have many accessories and peripherals. A charging station can help clear the clutter by eliminating charging cables running from your PS5 to the controller. It also gives you a place to hold your PS5 controller when you’re not using it, which makes it easy to find when the time comes for your next session. Additionally, it can help you avoid leaving your controllers on the couch, a chair or a table.
Fast charging
The only downside to a charging station is that most don’t let you comfortably use your controller while it’s docked and charging. However, many users find the minor inconvenience worth it since a charging station can charge a controller significantly faster than a USB-C cable connected to a PS5. Most charging stations can fully charge a dead PS5 controller in under two and a half hours, but the best ones can do it in one and a half.
Dual-controller charging
There are two types of charging stations single-controller and dual-controller.
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Single-controller charging stations are compact and designed to charge or hold one controller.
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Dual-controller charging stations have two connected docks for charging two controllers simultaneously.
A single-controller charging station is more affordable and ideal if you only own one PS5 controller, but those with multiple controllers may want to consider a dual-controller charging station.
However, it’s important to note that the power supply is usually split when two controllers are charging simultaneously, meaning it takes longer to get both controllers fully charged.
Horizontal vs. vertical design
Most charging stations have a horizontal design that lets you quickly click on controllers to cradle them. However, there are more sleek, vertical charging stations that look more stylish and save more space.
Features to look for in a quality PS5 controller charging station
Charging status indicators
The light bar on a PS5 controller pulsates with an orange light when charging and stops once it’s at 100%. Charging stations have LED indicators that make it easy to tell if your controller is charged. For example, some charging docks will glow red when a controller is charging and change to blue once fully powered.
Additional ports
Many charging stations draw power directly from a PS5, meaning it’ll use one USB port. This presents a problem for gamers who want to connect other accessories and peripherals to a USB port on their PS5. To solve this, some charging stations have two or three additional ports so users can still connect their accessories while the charging station draws power from the PS5 to charge controllers.
Built-in intelligent chip
Leaving any appliances or electronics charging when you’re not around can be dangerous. Mishaps such as over-charging, over-voltage, overheating and short-circuiting can occur. The risk is low, but it’s better to be safe than sorry. It’s best to look for a charging station with a built-in intelligent chip that helps prevent them.
The best PS5 controller charging stations
Most reliable PS5 controller charging stations
Oivo PS5 Controller Charging Station
This charging station can power up two controllers simultaneously in just two hours and has an on and off switch on the rear for power saving when it’s not in use. Plus, it has an LED light indicating the charging status.
Sold by Amazon
Mes Merry Black Charging Station
This dock features a click-in design and has a blue light bar with a touch on and off switch and control panel. It’s powered by a 5V/2A plug adapter and supports dual controller charging, getting each one to full power in less than two and a half hours.
Sold by Amazon
PlayStation DualSense Charging Station
Thanks to a click-in design, you can dock two controllers easily and leave them charging while you’re away from your PS5 console. It’s an authentic Sony PS5 controller charging stand, so it’s more durable and reliable than third-party charging docks.
Sold by Amazon
Razer Quick PS5 Controller Charging Stand
You don’t need to worry about this charging stand falling over as it has a sturdy curved cradle design that lets you easily mount your controller. It’s ergonomically designed for one-handed navigation, so players can use it even when a controller is docked.
Sold by Amazon
LVFan PS5 Controller Charging Station
Players looking for a fast way to charge their PS5 controllers will love this dock. It can charge one controller in under 90 minutes and has a drop-in slot design for quickly securing controllers in place. Plus, it has two LED light indicators that display charging status.
Sold by Amazon
Most affordable PS5 controller charging stations
Catzarmor PS5 Controller Charging Station
This charging station has a neat spaceship design and is ideal for those looking for an affordable way to charge their controllers. It has clear LED indicators that light up red or blue depending on whether the controllers are fully charged.
Sold by Amazon
Fegliea PS5 Controller Charging Station
This charging station has a 70.5-inch power adapter and can charge two controllers even when the console is powered off. It has a built-in chip that protects it from over-surging, and it takes less than two hours to charge a controller.
Sold by Amazon
NexiGo PS5 DualSense Controller Charging Station
This charging station has a more stylish design than other docks, but it’s still compact and has a built-in chip for overload protection. You can charge two controllers simultaneously, and it has LED lights that illuminate when they’re docked.
Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/electronics-br/gaming-accessories-br/get-ready-for-the-newest-ps5-release-with-these-playstation-controller-charging-stations/ | 2022-09-05T17:38:45Z |
FIGHTERS TO RECEIVE BITCOIN FOR NEW "FAN BONUS OF THE NIGHT"
Fan Voting will Decide Top Three Best Fighters from Each UFC Pay-Per-View
Bitcoin Bonuses Include US$30,000 for First Place, US$20,000 for Second Place, and US$10,000 for Third Place
SINGAPORE and LAS VEGAS, April 7, 2022 /PRNewswire/ -- UFC®, the world's premier mixed martial arts organization, and Crypto.com, the world's fastest growing cryptocurrency platform, and the Official Cryptocurrency Platform Partner of UFC, today announced the creation of new Fight Night bonuses for UFC athletes that will be paid in bitcoin (BTC).
The new Fan Bonus of the Night will feature three bitcoin bonuses that will be awarded to the top three fighters appearing on each UFC Pay-Per-View as decided by fans voting from all over the world. The bitcoin payouts will range from US$30,000 for first place, US$20,000 for second place, and US$10,000 for third place. The bonuses will be paid in bitcoin (BTC) based on the exchange rate in U.S. dollars.
The Fan Bonus of the Night will be in addition to the traditional Fight of the Night and Performance bonuses awarded to UFC athletes by UFC President Dana White following each UFC event.
The Fan Bonus of the Night will be introduced at UFC® 273: VOLKANOVSKI vs THE KOREAN ZOMBIE, which will take place this Saturday, April 9 at VyStar Veterans Memorial Arena in Jacksonville, Fla.
"Crypto.com has been an official UFC partner for less than a year, and I'm telling you they are already one of the best partners we've ever had," said UFC President Dana White. "They're constantly coming up with new ideas about how we can work together to connect with the fans. This new Fan Bonus of the Night is an awesome way to get fans more engaged in our events while rewarding the fighters for bad-ass performances."
"Central to our partnership with UFC is creating the most unique and compelling ways for fans to connect with the sport and their favorite athletes," said Steven Kalifowitz, Chief Marketing Officer of Crypto.com. "We are thrilled for this next step in our partnership with UFC and excited to build even more innovative and engaging experiences as our partnership continues."
During each UFC Pay-Per-View, voting for the Fan Bonus of the Night will take place on Crypto.com/FanBonus and will be open to all users globally. Each fan will get three votes per Pay-Per-View and can vote for two fighters within each bout. Voting will open at the start of the Pay-Per-View prelims and will end one hour after the conclusion of the event.
The Fan Bonus of the Night is yet another innovative collaboration in the groundbreaking partnership between UFC and Crypto.com. Last July, Crypto.com was named UFC's first-ever global Official Fight Kit Partner. Last November, UFC and Crypto.com further expanded the partnership to include a multi-year licensing agreement for an exclusive series of UFC NFTs in which UFC athletes will receive fifty percent of UFC's revenue from the NFT sales.
This initiative is the most recent campaign across Crypto.com's world-class partnership portfolio, including the recently announced Formula 1® Crypto.com Miami Grand Prix, in addition to partnerships with the Australian Football League, Philadelphia 76ers, European football powerhouse Paris Saint-Germain, and the historic Crypto.com Arena in Los Angeles.
About UFC®
UFC® is the world's premier mixed martial arts organization (MMA), with more than 625 million fans and 187 million social media followers. The organization produces more than 40 live events annually in some of the most prestigious arenas around the world, while broadcasting to nearly 900 million TV households across more than 170 countries. UFC's athlete roster features the world's best MMA athletes representing more than 75 countries. The organization's digital offerings include UFC FIGHT PASS®, one of the world's leading streaming services for combat sports. UFC is owned by global sports and entertainment company Endeavor, and is headquartered in Las Vegas, Nevada. For more information, visit UFC.com and follow UFC at Facebook.com/UFC, Twitter, Snapchat, Instagram and TikTok: @UFC.
About Crypto.com
Founded in 2016, Crypto.com serves over 10 million customers with the world's fastest growing cryptocurrency platform. Crypto.com is built on a foundation of security, privacy and compliance and is the first cryptocurrency company in the world to have ISO/IEC 27701:2019, ISO22301:2019, ISO27001:2013 and PCI:DSS 3.2.1, Level 1 compliance, and independently assessed at Tier 4, the highest level for both NIST Cybersecurity and Privacy Frameworks, as well as Service Organization Control (SOC) 2 compliance.
With over 4,000 people in offices across the Americas, Europe and Asia, Crypto.com is accelerating the world's transition to cryptocurrency. Find out more: https://crypto.com
For further inquiries please contact press@crypto.com.
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SOURCE Crypto.com | https://www.kxii.com/prnewswire/2022/04/07/ufc-cryptocom-team-up-create-new-fight-night-bonuses-ufc-athletes/ | 2022-04-07T13:31:38Z |
Zenlabs' large format lithium-ion electric aviation battery cells offer a unique combination of high specific energy, high power, and rapid charging for the electric aviation market.
FREMONT, Calif., April 12, 2022 /PRNewswire/ -- Zenlabs Energy, an advanced lithium-ion battery company, announced today that Energy Assurance, an independent third-party test laboratory, has validated the high specific energy and high power of Zenlabs' new large-format pouch cells for the electric aviation market.
Energy Assurance tested Zenlabs' 32 ampere hour (Ah) capacity pouch cells and confirmed a high specific energy of ~327.5 watt hours per kilogram (Wh/kg) and a high-power rating of greater than 3,000 watts per kilogram (W/kg) using 12C rate (~394 A), 30 sec pulses at 30° Celsius.
Although cycle life testing at Energy Assurance is ongoing, Zenlabs' internal test data has demonstrated greater than 700 cycles for this cell configuration when measured at 1C (one hour) charge/discharge rates. Previously, Idaho National Laboratory (INL) validated over 1,000 dynamic stress test (DST) cycles and rapid charging in Zenlabs' 315 Wh/Kg electric vehicle cells, which were developed in a program with the United States Advanced Battery Consortium (USABC).
"The high specific energy, high power and rapid charging capabilities of Zenlabs' battery cells make them uniquely suited for the electric aviation market, which requires each of these capabilities to extend flight times, power take-offs and landings, and enable different flight use cases. Accordingly, we believe that our proprietary pre-lithiated silicon anode and high-performance battery cells will be a real game changer for the electric aviation market," says Zenlabs founder & CEO, Dr. Sujeet Kumar
Energy Assurance is an independent battery laboratory with certifications from ANAB, Underwriters Laboratories, IECEE, SGS and TÜV SÜD America.
The Energy Assurance test report on Zenlabs' 32 Ah lithium-ion pouch cells is available on our website: www.zenlabsinc.com/news.
Zenlabs Energy, which is headquartered in Fremont, California, is a leading developer of high-energy, high-power, fast-charging lithium-ion cells for electric aviation and electric vehicle applications. To learn more about our technology and obtain the Energy Assurance or INL test reports, please visit www.zenlabsinc.com.
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SOURCE Zenlabs Energy Inc. | https://www.kxii.com/prnewswire/2022/04/12/third-party-lab-confirms-high-specific-energy-high-power-zenlabs-new-large-format-electric-aviation-battery-cells/ | 2022-04-12T18:12:18Z |
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The unexpected collab with Nectar Bath Treats encourages healthy habits that parents and kids will love
LAS VEGAS , June 27, 2022 /PRNewswire/ -- Nastya Radzinskaya, the eight year old star behind the fifth most-viewed YouTube channel of all time, Like Nastya, is setting her sights on a colorful new world of beauty and self-care. In collaboration with Nectar Bath Treats, Nastya is releasing an 11-piece collection of soaps, bath bombs, and lip care items called "Bathe Like Nastya." Nastya, named the highest paid female YouTuber of 2021 and with over 250 million subscribers, aims to educate her followers and new fans alike on the importance of personal care.
Nastya launched her channel in 2016 and has since earned more than 110 billion views, skyrocketing her to international fame. Based in Miami, Florida, Nastya and her parents play, learn, and explore in videos that are dubbed in ten languages. Millions of kids and families join Nastya as she explores the world and learns life lessons like the importance of eating healthy food, washing hands, being a good friend, and much more.
Enthralled by the colors, scents, and bubbles of Nectar's bath and body treats, Nastya was inspired to design her own collection and signature fragrance with Nectar.
"Nectar has the prettiest bath bombs, and it was so fun to think about the kind of soaps I wanted to make. I picked my favorite colors. It made me feel so happy to make it together," says Nastya.
Focusing on the good behind the glitter, Nectar Bath Treats handmakes all their products in Las Vegas with mindfully-sourced ingredients. The partnership incorporates key values that Nastya and Nectar share: the products are 100% vegan, cruelty-free, and free of harsh sulfates, harmful ingredients, and microplastics.
"Nastya and her family visited our Universal CityWalk Hollywood store and planned to only spend a few minutes. We ended up spending hours together. The whole family played at the sink with whipped soap and experimented with different scents. Nastya loved our dessert-inspired treats, and her family couldn't believe they were made of soap!" says Tom Taicher, Nectar CEO.
The "Bathe Like Nastya" collection is available at NectarUSA.com or in-store at any of Nectar Bath Treats' twelve retail locations. Priced between $8 and $35, gifting-ready sets are also available.
ABOUT NECTAR BATH TREATS:
Nectar Bath Treats is an online and retail destination for joyful self-care and unique bath and body confections. Co-founded in 2015 by Tom Taicher, Nectar is committed to using simple, plant-based ingredients that are safe for sensitive skin. Nectar aims to inspire positivity and happiness: from hand-crafted and hand-painted bath and body treats that care for you and your family, to ingredients and processes that care for the planet, and business practices that show employees respect and appreciation. Visit Nectar at one of their international retail locations, or online at www.NectarUSA.com.
Contact: Macie Rae Brady, Nectar Bath Treats, macie@nectarusa.com, 801-362-2906
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SOURCE Nectar Bath Treats | https://www.wibw.com/prnewswire/2022/06/27/global-youtube-star-like-nastya-creates-first-ever-bath-body-collection/ | 2022-06-27T15:29:54Z |
ALAMEDA, Calif., Aug. 24, 2022 /PRNewswire/ -- Penumbra, Inc. (NYSE: PEN) today announced that its management team is scheduled to present at the following investor conferences on the dates and times listed below:
Webcasts of the presentations will be available by visiting the investors' section of the company's website at www.penumbrainc.com. The webcasts will be available on the company's website for at least two weeks following the event.
Penumbra, Inc., headquartered in Alameda, California, is a global healthcare company focused on innovative therapies. Penumbra designs, develops, manufactures and markets novel products and has a broad portfolio that addresses challenging medical conditions in markets with significant unmet need. Penumbra supports healthcare providers, hospitals and clinics in more than 100 countries. For more information, visit www.penumbrainc.com and connect on Twitter and LinkedIn.
Penumbra, Inc.
510-995-2461
investors@penumbrainc.com
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SOURCE Penumbra, Inc. | https://www.kxii.com/prnewswire/2022/08/24/penumbra-inc-present-upcoming-investor-conferences/ | 2022-08-24T21:45:05Z |
Winning Schools Demonstrated Need and Positive Impact, Will Receive $5,000 from the Rachael Ray Foundation to Improve or Kick Off New ProStart Programs
WASHINGTON, June 9, 2022 /PRNewswire/ -- The National Restaurant Association Educational Foundation (NRAEF) today announced that 38 high schools from across the country have been selected to receive $5,000 grants to support their ProStart culinary and restaurant management programs through the Rachael Ray Foundation ProStart Grow Grant program.
Earlier this year, the Rachael Ray Foundation generously contributed $225,000 in support of ProStart Grow Grants. Schools with existing ProStart programs, or those looking to become part of the ProStart program, were invited to apply, with winning schools demonstrating how the ProStart program is positively impacting their students and the community. Grow Grant funds will allow schools to become part of the ProStart program or strengthen their existing program, enhance their classrooms and support teachers with whatever they need to help their students learn career-building skills in the restaurant, foodservice and hospitality industry.
"ProStart is truly making a difference in the lives of students and nurturing the next generation of talent in our industry," said Rob Gifford, President of the National Restaurant Association Educational Foundation. "We are grateful for the Rachael Ray Foundation's long-standing generosity and support for the ProStart program, including its latest infusion of funds to help another 38 high schools upgrade their ProStart programs, or purchase the resources to join the program this year."
To-date, the Rachael Ray Foundation ProStart Grow Grant Program has provided $590,000 to schools demonstrating a strong need to engage and educate high school students interested in exploring restaurant and foodservice careers.
"ProStart programs, and the educators who support them, provide high school students across the country with skills they need to be successful throughout life," said Rachael Ray, award-winning television personality and philanthropist. "We [The Rachael Ray Foundation] are proud to support the dreams, passion and hard work that these Grow Grant recipients display in their classrooms and schools as they cultivate the next generation of restaurant and foodservice professionals."
The following schools will receive $5,000 Rachael Ray Foundation ProStart Grow Grants:
Asheville High School – Asheville, North Carolina
Brockton High School – Brockton, Massachusetts
Central Nine Career Center – Greenwood, Indiana
Clinton High School – Clinton, Mississippi
Fraser High School – Fraser, Michigan
Gilroy High School – Gilroy, California
Grants High School – Grants, New Mexico
Greenville Technical Center – Greenville, Mississippi
Havre de Grace High School – Havre de Grace, Maryland
Henry P. Becton High School – East Rutherford, New Jersey
Lincoln High School – Lincoln, Rhode Island
Middlesex High School – Middlesex, New Jersey
Mira Mesa High School – San Diego, California
Mobridge Pollock School District – Mobridge, South Dakota
Morris County Vocational School District – Denville, New Jersey
Northeast Metropolitan Regional Vocational High School – Wakefield, Massachusetts
Northland Pines Middle and High School – Eagle River, Wisconsin
Old Colony Regional Vocational Technical High School – Rochester, Massachusetts
Randolph High School – Randolph, New Jersey
Rapid City Central High School – Rapid City, South Dakota
Richmond High School – Richmond, Michigan
Ridgefield Park Jr Sr High School – Ridgefield Park, New Jersey
Sherwood High School – Sandy Spring, Maryland
Silver High School – Silver City, New Mexico
SLW Centennial High School – Port St. Lucie, Florida
Southeastern Regional Vocational Technical High School – South Easton, Massachusetts
Southwestern Randolph High School – Asheboro, North Carolina
State College Area School District – State College, Pennsylvania
Sun Prairie East High School – Sun Prairie, Wisconsin
Umatilla High School – Umatilla, Florida
W.D. & Mary Baker Smith Career Center – Lafayette, Louisiana
Warrensville Heights High School – Warrensville Heights, Ohio
Washington Career and Technical Education Center – Washington, Louisiana
Wayne Valley High School – Wayne, New Jersey
West St. John High School – Edgard, Louisiana
Wichita High School East – Wichita, Kansas
Williams Bay High School – Williams Bay, Wisconsin
Winston-Louisville Career & Technology Center – Louisville, Mississippi
A program of the National Restaurant Association Educational Foundation, ProStart is a two-year technical education program found at more than 1,750 high schools and career and technical educational centers nationwide, teaching culinary techniques and restaurant management skills that build a lifetime foundation and support future careers in the restaurant industry. With 145,000 students enrolled across all states, the District of Columbia and Guam, the program teaches students through a combination of classroom and industry instruction. Find out more about ProStart at ChooseRestaurants.org/ProStart.
About the National Restaurant Association Educational Foundation (NRAEF): As the philanthropic foundation of the National Restaurant Association, the National Restaurant Association Educational Foundation's (NRAEF) mission of service to the public is dedicated to enhancing the industry's training and education, career development and community engagement efforts. The NRAEF and its programs work to Attract, Empower and Advance today's and tomorrow's restaurant and foodservice workforce. NRAEF programs include: ProStart® – a high-school career and technical education program; Restaurant Ready – partnering with community based organizations to provide "opportunity youth" with skills training and job opportunities; Military – helping military servicemen and women transition their skills to restaurant and foodservice careers; Scholarships – financial assistance for students pursuing restaurant, foodservice and hospitality degrees; and the Restaurant & Hospitality Leadership Center (RHLC) – accredited apprenticeship programs designed to build the careers of service professionals. For more information on the NRAEF, visit ChooseRestaurants.org.
Click here for the National Restaurant Association Educational Foundation's 2021 Annual Impact Report.
About The Rachael Ray Foundation: The Rachael Ray Foundation™ (RRF) is a private foundation that is fully funded by the proceeds from the sale of Rachael Ray™ Nutrish®. RRF was launched by Rachael in 2016 to better support the causes she cares for most such as helping animals in need. Additionally, RRF works with organizations that support the mission of Yum-o!, Rachael's 501c3, in order to bolster and amplify their efforts through additional funding. Yum-o! empowers kids and their families to develop healthy relationships with food and cooking. It also teaches families to cook, feeds hungry kids, and funds cooking education, among other initiatives.
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SOURCE National Restaurant Association Educational Foundation | https://www.wibw.com/prnewswire/2022/06/09/thirty-eight-high-schools-receive-rachael-ray-foundation-prostart-grow-grants-launch-careers-future-culinary-restaurant-management-talent/ | 2022-06-09T16:47:58Z |
SPOKANE, Wash., Sept. 13, 2022 /PRNewswire/ -- Kaspien Holdings Inc. (NASDAQ: KSPN) ("Kaspien" or the "Company"), a leading e-commerce marketplace growth platform, today reported financial results for the fiscal second quarter ended July 30, 2022.
Recent Operational Highlights
- The Company reported the two highest sales days in Company history during the Amazon Prime Day event on July 12th and 13th.
- Through disciplined inventory and cash management, the Company reduced the cash outflow from operations for the thirteen weeks ended July 30, 2022 to $0.1 million from $5.7 million for the thirteen weeks ended April 30, 2022 and compared with $2.4 million in the comparable year ago period.
- On July 14, 2022, the Company closed on an equity offering. The gross proceeds to the Company from the private placement, after deducting placement agent fees and other estimated offering expenses payable by the Company, were approximately $7.1 million. The Company intends to use the net proceeds from the private placement for working capital and other general corporate purposes.
- During the first half of 2022, management implemented the following strategic initiatives, operational efficiencies, and other considerations directed toward improving performance, operations, and cash flow:
Management Commentary
"In response to the decline in operating results in Fiscal 2021, we implemented several strategic initiatives to create operational efficiencies while focusing diligently on inventory and cash management. Our team continues to be focused on scalable, efficient growth and improving the unit economic of our business as we enter the holiday season." said Kaspien interim CEO Brock Kowalchuk
Fiscal Second Quarter 2022 Financial Results
Results compare 2022 fiscal second quarter ended July 30, 2022 to 2021 fiscal second quarter ended July 31, 2021 unless otherwise indicated.
- Net revenue decreased 3% to $33.9 million from $34.9 million in the comparable year-ago period. The decrease in net revenue was primarily attributable to declines in Fulfillment by Amazon ("FBA") US, which were partially offset by continued growth in Subscription revenue. Gross merchandise value ("GMV") increased 14% to $72.4 million, compared to $63.5 million in the comparable year-ago period. Subscription GMV increased 36.4% to $36.7 million (50.7% of total GMV), compared to $26.9 million (42.4% of total GMV) in the comparable year-ago period.
- Gross profit decreased 24% to $6.7 million or 19.8% of net revenue from $8.8 million or 25.3% of net revenue in the comparable year-ago period. The decrease in gross profit was primarily attributable to a reduction in net revenue on the Amazon US platform, a decrease in merchandise margin, and increased warehousing and freight expenses. The table below summarizes the year-over-year comparison of gross margin:
- Selling, General & Administrative ("SG&A") expenses were $10.2 million or 30.1% of net revenue as compared to $10.2 million or 29.3% of net revenue in the comparable year-ago period. During the quarter, the Company implemented certain strategic initiatives to create operational efficiencies to reduce general and administrative expenses.
- Loss from operations was $3.5 million, compared to a loss from operations of $1.4 million in the comparable year-ago period. The increase in operating loss resulted from the decline in net revenue, a reduction in merchandise margin and increased warehousing and freight expenses.
- Net loss was $4.4 million, or $1.69 per diluted share, compared to net income of $82,000, or $0.03 per diluted share, in the comparable year-ago period.
- Adjusted EBITDA loss (a non-GAAP metric reconciled below) was $3.2 million, compared to an adjusted EBITDA loss of $0.8 million in the comparable year-ago period.
- As of July 30, 2022, the Company had $1.3 million in cash, compared to $1.2 million as of January 30, 2021 and $2.6 million as of July 31, 2021.
- Cash used in operations during the thirteen weeks ended July 30, 2022 was $0.1 million, compared to $2.4 million in the comparable year-ago period. The reduced cash used in operations was due more disciplined supply chain and working capital management.
- Inventory at quarter end was $29.4 million, compared to $25.0 million as of July 31, 2021.
- As of July 30, 2022, the Company had borrowings under its credit facility of $3.9 million and had $7.7 million available for borrowing.
Fiscal First Half 2022 Financial Results
Results compare six months ended July 30, 2022 to six months ended July 31, 2021 unless otherwise indicated.
- Net revenue decreased 13% to $65.7 million from $75.5 million in the comparable year-ago period. This decrease in net revenue was driven by declines in the Company's FBA US segment.
- Gross profit was $13.6 million or 20.7% of net revenue, compared to $18.6 million or 24.7% of net revenue over the comparable year-ago period. The decrease in gross profit was primarily attributable to a reduction in net revenue on the Amazon US platform, a decrease in merchandise margin and increased warehousing and freight expenses. The table below summarizes the year-over-year comparison of gross margin:
- SG&A expenses decreased 0.7% to $20.7 million or 31.5% of net revenue from $20.9 million or 27.6% of net revenue in the comparable year-ago period. The decrease in SG&A expenses was primarily attributable to a $1.5 million decline in selling expenses partially offset by a $1.4 million increase in general and administrative expenses.
- Loss from operations totaled $7.1 million compared to a loss from operations of $2.2 million in the comparable year-ago period. The increased loss was due to lower sales and gross margin.
- Net loss was $8.8 million, compared to a net loss of $1.3 million in the comparable year-ago period.
- Adjusted EBITDA loss (a non-GAAP metric reconciled below) was $6.5 million, compared to a loss of $1.0 million in the comparable year-ago period.
- Cash used in operations was $5.9 million, compared to $4.9 million in the comparable year-ago period.
About Kaspien
Kaspien Holdings Inc. (f/k/a Trans World Entertainment Corporation) (NASDAQ: KSPN) is a leading e-commerce marketplace growth platform, offering an expanding suite of software and services to help brands grow on Amazon, Walmart, Target, eBay, and other online marketplaces. Founded in 1972 as a brick-and-mortar retailer and rebranded as Kaspien in 2020, the Company has spent the last decade building and utilizing proprietary technologies for brand protection, marketing optimization, and fulfillment efficiency to generate rapid revenue growth for its partners. Through innovative strategies and best-in-class technologies, Kaspien has earned the trust of many leading brands, including 3M, Strider Bikes, and ZippyPaws. For more information, visit kaspien.com.
Non-GAAP Financial Measures
Adjusted EBITDA is defined as net loss, adjusted to exclude: (i) income tax expense; (ii) Other (income) loss; (iii) interest expense; and (iv) depreciation expense. Our method of calculating adjusted EBITDA may differ from other issuers and accordingly, this measure may not be comparable to measures used by other issuers. We use adjusted EBITDA to evaluate our own operating performance and as an integral part of our planning process. We present adjusted EBITDA as a supplemental measure because we believe such a measure is useful to investors as a reasonable indicator of operating performance. We believe this measure is a financial metric used by many investors to compare companies. This measure is not a recognized measure of financial performance under GAAP in the United States and should not be considered as a substitute for operating earnings (losses), net earnings (loss) from continuing operations or cash flows from operating activities, as determined in accordance with GAAP.
About Key Performance Indicators
Gross Merchandise Value ("GMV") is the total value of merchandise sold over a given time period through a customer-to-customer exchange site. For Kaspien, it is the measurement of merchandise value sold across all channels and partners within the Kaspien platform.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Certain statements in this communication are forward-looking statements. The statements contained herein that are not statements of historical fact may include forward-looking statements that involve a number of risks and uncertainties.
We have used the words "anticipate", "believe", "could", "estimate", "expect", "intend", "may", "plan", "predict", "project", and similar terms and phrases, including references to assumptions, in this document to identify forward-looking statements. These forward-looking statements are made based on management's expectations and beliefs concerning future events and are subject to uncertainties and factors that could cause actual results to differ materially from the results expressed in the statements. The following factors are among those that may cause actual results to differ materially from the Company's forward-looking statements: risk of disruption of current plans and operations of Kaspien and the potential difficulties in customer, supplier and employee retention; the outcome of any legal proceedings that may be instituted against the Company; the Company's level of debt and related restrictions and limitations, unexpected costs, charges, expenses, or liabilities; the Company's ability to operate as a going-concern; deteriorating economic conditions and macroeconomic factors; the impact of the COVID-19 pandemic; and other risks described in the Company's filings with the SEC, such as its Quarterly Reports on Form 10-Q and Annual Reports on Form 10-K.
The reader should keep in mind that any forward-looking statement made by us in this document, or elsewhere, pertains only as of the date on which we make it. New risks and uncertainties come up from time-to-time and it's impossible for us to predict these events or how they may affect us. In light of these risks and uncertainties, you should keep in mind that any forward-looking statements made in this document or elsewhere might not occur.
Company Contact
Ed Sapienza
Chief Financial Officer
509-202-4261
esapienza@kaspien.com
-Financial Tables to Follow-
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SOURCE Kaspien Holdings Inc. | https://www.wibw.com/prnewswire/2022/09/13/kaspien-holdings-inc-reports-fiscal-second-quarter-2022-results/ | 2022-09-13T22:11:38Z |
KISS partners with mega TikTok creator, Miranda Rae on a custom song, "Falscara Level Up" for a new campaign featuring Falscara
NEW YORK, June 14, 2022 /PRNewswire/ -- As part of KISS Products' ongoing efforts to support one of its most innovative and fastest growing brands, Falscara, the brand is proud to launch "Falscara Level Up" - the brand's first-ever custom song working in collaboration with TikTok creator, Miranda Rae.
After its successful launch of Falscara in 2020 and its continuous growth, KISS recently launched a dedicated ecommerce site, Falscara.com, designed to be both an educational and inspirational destination for all who want to achieve a DIY lash extension effect. Thanks to Falscara's revolutionary and patented technology, Falscara has become a favorite to thousands of consumers and continues to go viral on TikTok with #falscara nearing 100 million views at time of publication.
Tapping into the brand's incredible momentum and uniqueness as a do-it-yourself alternative to salon lash extensions, along with its under-lash application technique and its huge fan base, the brand has decided now is the perfect time to create even more excitement with an exclusive TikTok song. Partnering with Miranda Rae was a perfect solution. Miranda is a TikTok star with a growing beauty fan base of 4.8 million followers, and a recent foray into music. Together with experts at Song Candy agency, KISS and Miranda developed a custom sound that will be available on TikTok, Instagram, Spotify and Apple Music.
The song, titled "Falscara Level Up," is a catchy pop melody with lyrics that encapsulate the Falscara brand including fluttery lashes and under-the-lash application.
"I've been using KISS Lashes for years, so I was so honored when they asked me to record this track! Recording was so much fun since I got to bring together my music and the brand work I do on TikTok. Getting to be such a significant part of this campaign was an amazing experience and I'm so excited to see it launch."- Miranda Rae, TikTok creator.
"Here at KISS we pride ourselves on providing the most trend-forward and technologically advanced beauty solutions for consumers. Launching our Falscara TikTok song is a natural evolution for our brand which completely disrupted the lash category and continually goes viral with the TikTok community. Working with a top TikTok creator like Miranda Rae on a platform where Falscara was already thriving, made so much sense. We think the song is a lot of fun and very catchy" - KISS Products SVP of Global Marketing, Annette DeVita-Goldstein
The song will officially be available on TikTok, Instagram, Spotify and Apple Music on June 14th.
About KISS
KISS is the world's leading manufacturer and distributor of fashion nails and is the market leader in both fashion nails and false eyelashes in the U.S. KISS offers innovative, accessible, easy to use, salon quality beauty products including fashion nails, false eyelashes, color cosmetics, hair styling tools, haircare, hair accessories and more. KISS brings the power of self-care home for all people. KISS products are available at mass and drug retailers nationwide. For more information visit www.KISSusa.com.
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SOURCE KISS | https://www.wibw.com/prnewswire/2022/06/14/kiss-launches-first-ever-exclusive-sound-featuring-tiktok-star-miranda-rae/ | 2022-06-14T20:54:41Z |
Sleep duration matters for heart health, according to new recommendations
Published: Jun. 30, 2022 at 8:51 AM CDT|Updated: 19 minutes ago
(CNN) - If you want to take care of your heart, make sure you are counting enough sheep.
The American Heart Association has added sleep duration to its heart-health checklist called “Life’s Essential 8.“
It highlights the eight areas that can help determine how strong a person’s cardiovascular health is.
Researchers say adults should get between seven to nine hours of sleep every night.
They say those who get less sleep have a greater risk of heart problems including diabetes and hypertension.
Besides sleep, the updated checklist includes diet, physical activity and blood pressure.
It was published Wednesday in the American Heart Association’s peer-reviewed journal, “Circulation.“
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/06/30/sleep-duration-matters-heart-health-according-new-recommendations/ | 2022-06-30T14:11:23Z |
INDIANAPOLIS (AP) — Marcus Ericsson, once a Formula One backmarker, is now an IndyCar frontrunner.
And an Indianapolis 500 champion.
Ericsson became the second Swede to win the Indy 500 on Sunday when he held off some of the biggest names in North American auto racing in front of the largest crowd of his life.
“It’s the biggest race in the world,” said Ericsson, who called it his biggest victory “by a million miles.”
The 31-year-old showed up in IndyCar something of a mystery in 2019 following five unremarkable seasons in Formula One. He’d worked his entire life to make it to the top level of motorsports then washed out winless — not even a single podium finish — over 97 starts.
He didn’t exactly dazzle in his first season in North America, either. Ericsson was cut loose from his first IndyCar team after just one year, then bought a seat at Chip Ganassi Racing — he made sure to note it when he said “winning the Indy 500, it’s not bad for a pay driver” — and has made steady strides in his 36 races with Ganassi since 2020.
“It’s been tough. I did five years in Formula One, almost a hundred grand prixs, running for small teams, towards the back most of it. You don’t get a lot of credit running in the back. People think you are not very good,” Ericsson said. “I came over here, and people probably didn’t think much of that. I had to work my way here as well, learning American racing.
“Moved here, put my whole life into trying to become an IndyCar and mainly Indianapolis 500 champion. It’s been not easy. It feels good to show that hard works pay off.”
Ericsson took control of the race late — largely because of teammate Scott Dixon’s speeding penalty — and had the win in reach until a crash by Ganassi teammate Jimmie Johnson with four laps remaining brought out a rare red-flag stoppage at Indianapolis Motor Speedway.
IndyCar is among the purest forms of motorsports and rarely throws artificial cautions or issues stoppages that might change the outcome. But the crowd of more than 300,000 — only a few thousand shy of a sellout and the largest sporting event since the start of the pandemic — roared when IndyCar called the cars to pit road.
The stoppage gave Pato O’Ward and the rest of the challengers almost 12 minutes on pit road to strategize how to pass Ericsson. Ericsson was agonizing his own plans.
“Those 10 minutes sitting there in the pit lane during that red flag was some of the hardest 10 minutes of my life,” he said, “thinking what to do, thinking that I’m leading the biggest race in the world, and I’m that close to win it.”
There were two laps remaining when the race resumed and Ericsson got the jump on O’Ward. The Mexican got one final look for the lead that Ericsson defended and O’Ward knew not to force the issue.
“Nah, he was going to put me in the wall if I had gone for it,” O’Ward said.
Sage Karam crashed and brought out another caution on the final lap, allowing Ericsson to coast to the victory podium under yellow. Karam was transported to a hospital for evaluation of muscular soreness.
“When that caution came out, I thought it was going to be another restart. I was like, ‘I can’t believe it, another one,’” Ericsson said. “First I was angry, then I just realized that won me the race. It’s an explosion of emotions from that point.”
It was Ericsson’s third IndyCar victory in 52 starts. But he arrived in Indianapolis convinced he could win the 500 based in part to the work he’d put into learning ovals and a third-place finish at Texas Motor Speedway in the warm-up for “The Greatest Spectacle in Racing.”
It is the fifth Indy 500 win for team owner Chip Ganassi, who caught a ride to the podium on the side of Ericsson’s car. Ericsson is the first Swede to win the Indy 500 since Kenny Brack in 1999 and the second in 106 runnings of the race.
Ericsson poured his jug of milk all over his face, then handed the bottle to Ganassi so the boss could take his own swig. Ganassi had not won the 500 in 10 years and sent five legitimate contenders to Indy to end the drought.
The win seemed to belong to Dixon, the six-time IndyCar champion who went more than 234 mph in qualifying to win the pole. The New Zealander led 95 of the 200 laps, and his Honda was easily the fastest in the field — so fast that Dixon didn’t slow down enough on his final pit stop.
The penalty took Dixon out of contention for the win.
That left Ericsson and Tony Kanaan still in the mix for Ganassi. Kanaan, at 47 the oldest driver in the field, thought he was in perfect position sitting fourth on the restart.
O’Ward wouldn’t relent, though. He signed a contract extension with Arrow McLaren SP on Friday and desperately wanted the win to celebrate his status as McLaren’s star. But O’Ward finished second, falling just short as he tried to give Mexico a banner celebration on the biggest day in motorsports; Sergio Perez opened Sunday with a win in the Monaco Grand Prix.
Kanaan was third, followed by Felix Rosenqvist, another Swede, who drives for McLaren. Rosenqvist is in a contract year with McLaren and fighting for his job, but the McLaren group carried the Chevrolet banner at Indy as Juan Pablo Montoya finished 11th.
American drivers Alexander Rossi and Conor Daly finished fifth and sixth, Rossi for Andretti Autosport and Daly for Ed Carpenter Racing.
Helio Castroneves, last year’s winner, finished seventh and one spot ahead of Meyer Shank Racing teammate Simon Pagenaud. Reigning IndyCar champion Alex Palou finished 10th in another Ganassi entry.
Dixon faded to 21st after the speeding penalty, and although he visited Ericsson on the victory podium, he was consoled by his wife on pit road after the race. Johnson finished 28th in his Indy 500 debut.
“It’s one team, everybody roots for everybody else, everybody works together and everybody is an open book,” Ganassi said. “You’re going to have things happen in these 500-mile races and they’re not always going to fall your way. So, you know, we were lucky to have five good cars and five good drivers.”
___
More AP Indy 500 coverage: https://apnews.com/hub/indianapolis-500 and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/swedish-driver-ericsson-gives-ganassi-another-indy-500-win/ | 2022-05-30T19:09:46Z |
squawkbox@albanyherald.com
Tara’s Sunday Herald “Repercussions” statistics in support of abortion seems to suggest sterilization is the better solution. Murder of the unborn is not anyone’s solution for the many, not all, who, due to wantonness and irresponsibility, are the contributors and cause of that list of multigenerational devastations.
If you break the law and get caught, don’t resist.
How about doing a follow-up article on that school zone speeding ticket fiasco. For instance what percentage of those 40,000 tickets have been paid? What percentage goes to the camera company? Why is the speed limit 25 mph when school is not in session? Most important, how much did the camera company donate (legal bribe) to each commissioner?
The politicos are counting on your not voting for whatever reason so they and their minions can control the election. Vote for, against or by flipping a coin, but vote. It messes with their minds.
Hate to tell all you anti-American Democrats, but in the next few days the true president will begin his rise. Yes, he’s going to run for office and regain his rightful place in our country. And we faithful will be prepared to help him settle scores.
If students know your political affiliation you have failed as their teacher. They are in school to learn to think for themselves, not to think like you do.
Who was it that talked about nattering nabobs of negativity? He/She must have been foretelling the coming of the Squawkbox. So far, we’re all losing in the contest to see who can out-complain and out-sarcastic the “other side.”
The federal government needs to fix all the problems that they have created and stay the hell out of my personal business.
It’s good to see Aspire doing a couple of things: Restoring and using that abandoned building and doing a wonderful job helping young people deal with mental issues. This new facility should be a blessing for many.
It is interesting that certain Supreme Court members suggest that the credibility on instructions is eroded when people challenge them when they do not get what they want. Yet when their wives challenge those same institutions, it is OK. It was better when you did not speak. We only guessed you were pulling the veil over our eyes. Now we know for sure.
Kamala Harris was running her mouth talking tough saying, “How dare they tell us what to do with our bodies?” Where was Kamala when they were forcing Americans to get an unwanted vaccine in their body? My body my choice?
You think the business people on the previous council were qualified because of their ownership. Check the facts. Just like Trump, real shell games with all the start-ups and failures. Wonder who really paid the tab?
Ridding ourselves of the shackles of George III, Americans anticipated the nirvana of liberty, pursuit of happiness and non-self-serving government. Looking at today’s self-serving, corrupt and inept political system, the residing and aspiring candidates, we achieved no nirvana, liberty nor political peace. The only rational response is: “Long live the King.” | https://www.albanyherald.com/features/squawkbox/article_d6c51160-cf93-11ec-bbb2-d771223f7946.html | 2022-05-09T20:35:34Z |
MEXICO CITY (AP) — Authorities made a series of arrests of drug cartel figures in western Mexico that set off destruction of vehicles and businesses in two states in apparent reaction.
President Andrés Manuel López Obrador did not identify those arrested Tuesday in Jalisco state, but said soldiers had confronted criminals, including “bosses,” at a “meeting of two gangs.” There was a shootout, arrests and then “this provoked protests of burned vehicles, not only in Jalisco, but also in Guanajuato,” he said.
Images circulated on social media showed men commandeering cars and buses and setting them on fire in the middle of roadways. Others showed burned out convenience stores.
Cartels often create such chaos in an effort to keep authorities from transporting cartel bosses.
López Obrador said authorities were still deployed in the areas Wednesday, looking to make more arrests.
Jalisco Gov. Enrique Alfaro said via Twitter that no one was injured in the destruction that followed the arrests.
The region is dominated by the Jalisco New Generation cartel, whose leader Nemesio Oseguera, “El Mencho,” is among the most sought by Mexican and U.S. authorities. There was no indication Oseguera was present at the clash. | https://cw33.com/news/international/ap-international/arrests-in-western-mexico-set-off-destruction-in-2-states/ | 2022-08-11T08:31:30Z |
Bonneville Baseball defeats Hillcrest to clinch top seed in conference on tiebreaker
IDAHO FALLS, Idaho (KIFI) - The road to a 4A High Country championship goes through the Hive, as the Bonneville Bees clinched the top seed in next week's district tournament by winning a suspended game over the Hillcrest Knights 7-5 on Saturday.
The Bees clinch by virtue of a head-to-head tiebreaker with the Skyline Grizzlies because Bonneville won the regular season series 2-1.
The suspended game between the Knights and Bees was tied at five through five innings. Hillcrest was shut down in both plate appearances, but Bonneville took the lead for good with two runs in the bottom of the sixth inning.
Next up, Hillcrest and Bonneville begin play in next week's district tournament. | https://localnews8.com/sports/local-sports/2022/04/30/bonneville-baseball-defeats-hillcrest-to-clinch-top-seed-in-conference-on-tiebreaker/ | 2022-05-01T04:53:27Z |
DALLAS (KDAF) — If you’re looking to buy a home, it’s a good idea to do some research into the housing markets before you make your decision.
WalletHub has conducted a new study looking at the best real estate markets in the country. They compared 300 different cities of varying sizes across 17 different metrics including housing-market attractiveness and economic strength.
North Texas and the many cities that make up the region are shaping up to be some of the best housing markets in the nation, with three North Texas cities taking the top spots for “Best Cities to Buy a House.”
- Frisco
- Allen
- McKinney
Other Texas cities on the list include
- Austin – 4th
- Denton – 8th
- Richardson – 10th
- Fort Worth – 11th
- Carrollton – 17th
- Plano – 19th
For the full report, visit WalletHub. | https://cw33.com/news/local/3-north-texas-cities-named-the-best-places-to-buy-a-house/ | 2022-08-30T19:41:20Z |
Organists to compete for a $40,000 first prize June 20–24, 2023
KENNETT SQUARE, Pa., June 1, 2022 /PRNewswire/ -- Longwood Gardens today announced that applications are now being accepted for its 2023 International Organ Competition, where-up-and-coming organists will compete on The Longwood Organ for a $40,000 first place prize, the largest cash prize of any organ competition in the world. Preliminary and final rounds will take place June 20–24, 2023 in the magnificent Ballroom at Longwood Gardens near Philadelphia, Pennsylvania.
Applications are available at longwoodgardens.org/international-organ-competition. Open to ages 18-30 years old, only the first 60 applicants will be accepted. The application deadline is November 7, 2022.
The Longwood Organ is among the world's largest concert organs, with 146 ranks and 10,010 pipes. After a seven-year restoration completed in 2011, the organ is restored to its original 1930 condition and incorporates today's most innovative technology.
A distinguished panel of experts will judge the competition including Peter Conte, Principal Organist at Longwood Gardens and Grand Court Organist at the Wanamaker Organ at Macy's in Philadelphia; Helmut Deutsch, Organ Professor at the State University of Music and Performing Arts Stuttgart Germany; Simon Johnson, Master of Music at Westminster Cathedral UK; Rachel Laurin, Canadian organist and prolific composer; Thomas Ospital, Titulaire of the Grand Organ at St. Eustache Church in Paris; and Shin-Young Lee, South Korean concert organist.
The Longwood Gardens International Organ Competition winner receives the $40,000 Pierre S. du Pont First Prize, a contract with Phillip Truckenbrod Concert Artists, and a 2024 performance at Longwood. Second place receives the Firmin Swinnen $15,000 prize and third place receives the Clarence Snyder $5,000 prize. In addition, the competition offers the Audience Choice Prize of $1,000 and The AGO Philadelphia Chapter Prize of $1,000. Competitors' travel and accommodations are provided by Longwood Gardens. Longwood Gardens is a member of the World Federation of Music Competitions.
Past competition winners include Benjamin Sheen (UK), Joshua Stafford, (USA), and Sebastian Heindl (Germany).
About Longwood Gardens
Longwood Gardens is one of the world's great gardens, encompassing 1,100 acres of gardens, woodlands, meadows, fountains, and grand Conservatory. Longwood continues the mission set forth by founder Pierre S. du Pont to inspire people through excellence in garden design, horticulture, education, and the arts. For more information visit longwoodgardens.org.
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SOURCE Longwood Gardens | https://www.kxii.com/prnewswire/2022/06/01/applications-open-longwood-gardens-2023-international-organ-competition/ | 2022-06-01T16:57:19Z |
NEW YORK, July 11, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for BABA, NVAX, WYNN, MCK, and WMT.
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- BABA: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=BABA&prnumber=071120227
- NVAX: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=NVAX&prnumber=071120227
- WYNN: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=WYNN&prnumber=071120227
- MCK: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=MCK&prnumber=071120227
- WMT: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=WMT&prnumber=071120227
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InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/07/11/thinking-about-trading-options-or-stock-alibaba-novavax-wynn-resorts-mckesson-or-walmart/ | 2022-07-11T16:11:36Z |
FLINT, Mich., Aug. 2, 2022 /PRNewswire/ -- Forum Health Akron, integrative and functional medicine practice part of the nationwide Forum Health network, has welcomed Tammy Guseman MHA, MSN, APRN, CNP to its practice.
Forum Health Akron, formerly Revitalize Med, is led by board-certified physicians including Dr. Tara Scott. Using a functional and integrative approach, this clinic specializes in women's health, hormonal imbalance, thyroid disorders, infertility, nutrition, and more to optimize its patient's health and well-being.
"Tammy is a welcome addition to our growing team," said Dr. Scott. "Her years of experience in family medicine, and dedication to a functional and integrative approach make her a great fit."
Tammy Guseman is a board-certified family nurse practitioner who has experience in both inpatient and outpatient settings. She made the decision to focus her career on using an integrative approach to hormone balancing after her own positive experience with functional medicine.
"I am excited to continue my career with Forum Health Akron," said Tammy. "Functional care has benefitted me personally and I have seen first-hand the profound healing it offers my patients."
Tammy received her bachelor's and master's degrees from Walsh University, and a master's degree in healthcare administration from Ohio University. She is continuing to expand her education in bio-identical hormone replacement therapy through coursework from the American Academy of Anti-Aging Medicine (A4M).
"Adding Tammy to the team will allow us to continue to provide top-quality service to our patients," said Adam Puttkammer, president of Forum Health. "We are always striving to support our teams with experienced and knowledgeable providers."
"Tammy's commitment to continued education and personal interest in functional and integrative medicine aligns perfectly with our values at Forum Health," said Phil Hagerman, chief executive officer at Forum Health.
For more information on Forum Health, including how to join one of our practices, visit www.forumhealth.com.
Forum Health, LLC is a nationwide provider of personalized healthcare. Steeped in the powerful principles of functional and integrative medicine, Forum Health providers take a root-cause approach to care. They listen and dig deep — exploring lifestyle, environment, and genetics to help each patient achieve their ultimate health goals. Members have access to advanced medical treatments and technology, with care plans informed by data analytics and collaborative relationships. To learn more, visit forumhealth.com.
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SOURCE Forum Health, LLC | https://www.kxii.com/prnewswire/2022/08/02/forum-health-akron-welcomes-experienced-nurse-practitioner-growing-team/ | 2022-08-02T13:22:00Z |
Selection by Volkswagen's CARIAD as its direct LiDAR supplier for automated vehicles cements Innoviz's Tier 1 status
TEL AVIV, Israel, Aug. 10, 2022 /PRNewswire/ -- Innoviz Technologies Ltd. (Nasdaq: INVZ) (the "Company" or "Innoviz"), a Tier-1 supplier of high-performance, solid-state LiDAR sensors and perception software, today provided updates on commercial traction, technology leadership, and corporate development and reported its financial results for the second quarter ended June 30, 2022.
Management Commentary
"We are pleased with the team's execution on our strategic priorities, as we meet or exceed each one of our 2022 milestones. The most important of these milestones, and the foundation of our vision for Innoviz, was to become a Tier-1 supplier in the automotive market. We are proud to have achieved this through our selection as Volkswagen's CARIAD SE ("Volkswagen CARIAD") direct LiDAR supplier for automated vehicles within the Volkswagen brands. This is a testament to our premier products and innovative technology, aligned with our vision to be a world-wide, leading Tier-1 supplier for LiDARs and Perception Software in a fast changing and new automotive world," said Omer Keilaf, CEO and Co-Founder of Innoviz.
"In addition to the milestone Volkswagen CARIAD decision, I'm confident that our Tier-1 capabilities, including our ability to manage mass production manufacturability, automotive-grade quality, hardware validation, and computer vision validation will serve as a differentiating factor as other OEMs select their direct LiDAR supplier. Beyond the automotive industry, we have made important progress to expand our footprint in new geographies and use cases, and have further invested in our technology and perception software."
Commercial Progress
1. Selection by Volkswagen's CARIAD as its direct LiDAR supplier for automated vehicles within the Volkswagen brands.
- Pursuant to the terms of the agreement, Innoviz will provide InnovizTwo LiDAR sensors and perception software to several Volkswagen brands and integrate its perception software with CARIAD automated driving stack, serving the different brands. The new design win increased Innoviz's forward-looking order book to $6.6 billion from $2.6 billion.
- This nomination marks Innoviz's second deal of LiDAR and Perception Software for series production of passenger vehicles by a leading German carmaker; the first being BMW.
- Innoviz is now servicing two of the world's leading German carmakers which together represent 15% of the entire automotive market.
- This nomination is Innoviz's first deal as a Tier-1 supplier for a passenger vehicles program and Innoviz's first deal for its second-generation LiDAR, InnovizTwo.
2. Momentum on multiple world-wide opportunities in the automotive space:
- Expanding our reach to other regions in the world, Innoviz is currently managing 12 automotive RFIs and RFQs at different stages where almost all of them are for passenger vehicle programs, in regions such as US, Asia and EU. Innoviz is offering its solution as a direct Tier-1 supplier.
- Several yearlong opportunities are in discussion and Innoviz expects a decision by 2-3 OEM's in the next 6 months, with the rest to follow in the next 12 months.
3. Ecosystem events:
- Innoviz is hosting an event for partners, customers, and analysts on September 19, 2022. The event will include keynotes speakers, a tour of Innoviz's facilities, including InnovizTwo automated production and test lines, and driving demos. Keynote speakers will include:
- Mr. Alejandaro Vukotich, VP of Automotive Product Management at Qualcomm. Qualcomm provides the SnapDragon Ride Platform which has been selected for use by several leading OEMs and Tier-1s.
- Dr. Richard Rau, VP of Autonomous Driving, Sensors, Integration Platforms and Cooperations at BMW Group. - Innoviz and Nvidia were selected to host a 3D perception workshop during the European Conference on Computer Vision (ECCV), a premier event that will run from October 23-27, 2022, in Tel Aviv. Innoviz and NVIDIA's workshop will discuss the unique challenges and advantages associated with the use of 3D data for autonomous driving and identify key requirements for perception software to process large, complex LiDAR datasets.
4. In the second quarter of 2022, Innoviz also expanded its global market share beyond the automotive industry:
- The Company entered into a cooperation with Joowon Industrial, a distributor and supplier of world-class testing equipment, for Joowon to serve as a distributor of a wide range of Innoviz applications across a number of industries, including industrial machinery and heavy equipment in the Korean and other markets.
- Japan Post, a special private company under the jurisdiction of the Japanese Ministry of Internal Affairs and Communications, selected InnovizOne LiDAR sensors to construct digital maps on postal delivery cars, paving the way for next-generation smart city services such as autonomous driving and unmanned delivery. The InnovizOne equipped delivery vehicles will generate detailed digital maps that gather information that include changes in roads and buildings along delivery routes.
Technology Leadership
Innoviz remains focused on investing in technology and perception software. This quarter, the Company made further improvements to its next-generation product, InnovizTwo.
- Innoviz is in process of ramping up the InnovizTwo B1 sample, which is designed to increase performance and volume production. Ramp up, allowing the availability of additional InnovizTwo B1 samples, is targeted for the beginning of 2023.
- Innoviz360 B sample integration is planned for the end of third quarter 2022, and Innoviz expects to demonstrate the first samples of Innoviz360 by the end of this year, as planned. Innoviz360 will help Innoviz expand its market outreach and its total addressable market (TAM).
Corporate Development
In the second quarter 2022, Innoviz announced a series of management team appointments to bolster its sales leadership experience and support its continued growth. The Company named Tali Chen as Chief Business Officer, Scott Craig as Country Manager, U.S., and Brijesh Shukla as Country Manager, Japan.
Second Quarter 2022 Financial Results
Revenues for the second quarter of 2022 were $1.8 million, compared to $1.0 million in the second quarter of 2021. The Company expects InnovizOne sales to continue to increase and it's also targeting to sell the first samples of InnovizTwo later this year.
Operating expenses for the second quarter of 2022 were $28.8 million, a decrease from $70.7 million in the second quarter of 2021. Operating expenses in the second quarter of 2022 included $4.4 million of share-based compensation compared to $49.9 million of share-based compensation in the second quarter of 2021. The decrease in operating expenses in the second quarter of 2022 compared to the second quarter of 2021 was primarily due to a decrease in share-based compensation, partially offset by an increase in headcount during the second quarter of 2022.
Research and development expenses for the second quarter of 2022 were $21.9 million, a decrease from $32.1 million in the second quarter of 2021. Research and development expenses in the second quarter of 2022 included $2.7 million attributable to share-based compensation compared to $17.6 million attributable to share-based compensation in the second quarter of 2021.
Innoviz maintains a high liquidity level with approximately $246 million in cash, short term deposits, restricted cash and marketable securities, as of June 30, 2022.
Guidance
Innoviz is reaffirming its 2022 guidance:
- The Company expects to increase its order book by more than 30% by the end of fiscal year 2022.
- The Company has achieved its expected stated goal to secure 10 pre-production programs during 2022. To date, the Company has participated in 12.
- The Company currently has 12 prospective customers in at different RFI and RFQ stages.
- The Company expects to drive material revenue by the end of 2023 from previously announced series wins with BMW and an L4 autonomous shuttle program, as well as from non-automotive end markets.
Conference Call
Innoviz management will hold a web conference today, August 10, 2022, at 9:00 a.m. Eastern time (6:00 a.m. Pacific time) to discuss these results. Innoviz CEO Omer Keilaf and CFO Eldar Cegla will host the call, followed by a question-and-answer session.
Investors are invited to attend by registering in advance here. All relevant information will be sent upon registration.
A replay of the webinar will also be available shortly after the call in the Investors section of Innoviz's website for 90 days.
About Innoviz Technologies
Innoviz is a global leader in LiDAR technology, working towards a future with safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been selected by internationally-recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit innoviz-tech.com.
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Media Contact
Media@innoviz-tech.com
Investor Contact
Maya Lustig
Innoviz Technologies
+972 54 677 8100
Investors@innoviz-tech.com
Forward Looking Statements
This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates, Innoviz's forward-looking order book, and Innoviz's projected future results. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. "Forward-looking order book" is the cumulative projected future sales of hardware and perception software based on current estimates of volumes and pricing relating to a project. Many factors could cause actual future events, and, in the case of our forward-looking order book, actual orders, to differ materially from the forward-looking statements in this announcement, including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to convert design wins into definitive orders and the magnitude of such orders, the ability to identify and realize additional opportunities, and potential changes and developments in the highly competitive LiDAR technology and related industries. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in Innoviz's annual report on Form 20-F filed with the SEC on March 30, 2022 and other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no assurance that it will achieve its expectations.
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SOURCE Innoviz Technologies | https://www.wibw.com/prnewswire/2022/08/10/innoviz-technologies-provides-commercial-updates-reports-second-quarter-2022-financial-results/ | 2022-08-10T11:45:38Z |
WINDERMERE, Fla., Aug. 8, 2022 /PRNewswire/ -- The Bee2Bee Network Apprenticeships Program is proud to announce The Launch of its New "$30 million Apprenticeship Expansion Endowment Fund" and its signature cryptocurrency, Bee2Bee Coin, (BEE) which will support innovative Corporate Initiatives for its Information Technology based Registered Apprenticeship Program. An alternate "Apprentice Coin" will also be co-branded as an NFT with client and employer partners.
Approved and endorsed by the Florida Department of Education and The U.S. Department of Labor, The Bee2Bee Network Apprenticeships Program is creating and expanding Registered Apprenticeships and Industry Recognized Apprenticeship Programs (IRAP) across high-demand fields including Cyber Security, Information Technology, Telehealth/Healthcare, E-Commerce, Digital Marketing, Real Estate, Retail, Fashion, Entertainment, Tourism and FinTech. Current apprentice participants include students from high schools, colleges, and universities across 67 counties in Florida and 9 states and growing from New College of Florida to iconic HBCUs such as Howard University and Alabama A&M University.
The program is also composed of a national and international consortium of businesses, higher education institutions, local workforce development boards, apprenticeship programs and industry partners which are paving the way for Americans from all backgrounds gain IT and IT related skills to qualify for the myriad of vacant high-earning opportunities in the current US workforce. In a new strategic approach, one of the goals of the Network is to strengthen apprenticeship understanding and build capacity by working closely to support local workforce boards to efficiently facilitate The Workforce Innovation and Opportunity Act (WIOA) which supports related training for apprentices.
The Bee2Bee Network Apprenticeships Endowment Fund and The Bee2Bee Coin will generate a permanent stream of capital to support the national expansion of The Bee2Bee Network Registered Apprenticeships Program. McCoy Federal Credit Union has been selected to manage the new fund which will help employers build a skilled technical workforce while assisting apprentices gain important financial literacy skills. Apprentices earn as they learn new technology skills, certifications, soft skills in addition to the financial opportunity to purchase and/or earn the Bee2Bee Coin cryptocurrency during their apprenticeship which will serve as a tangible and growing investment vehicle for their future. More importantly, the Bee2Bee Coin may also be utilized to purchase goods and services including real estate via the LifeStyles In 360 E-Commerce Virtual Shopping NFT Platform which the Apprentices are working on.
Since 2011, The Bee2Bee Network Internship/Apprenticeship program has independently financed and provided experiential learning opportunities in STEM/STEAM areas such as Software Design, Development and Emerging Technologies. The Bee2Bee Coin is not only a sustainable and green cryptocurrency investment vehicle for social good, but it also aims to incentivize apprenticeships as a viable career option for the positive personal, professional and financial mobility for its apprentices. For example, as a bonus, every Apprentice is given a Bee2Bee Coin, upon the successful completion of the apprenticeship program and are also prepared for an alternate opportunity to start their own entrepreneurial ventures.
According to Joshua Wilkins, veteran, "This has been one of the greatest experiences that I have ever been a part of. The company has really helped me as a veteran coming out of the military to start my own business. I was very thankful to take the courses for Salesforce certification and earn a salary while I obtained on-the-job training and valuable industry certifications."
In addition, to partnering with industry giants such as Salesforce and Google, The Bee2Bee Network Apprenticeships Program also partners with employers to design, develop and facilitate customized apprenticeship programs which will ultimately ensure that apprentices are paid to learn new skills on-the-job while adding immediate improved performance value for employers. This apprenticeship model is mutually sustainable for both employers and apprentices because it does not require either party to make excessive reinvestments in upskilling and updating industry certifications via traditional education models including wasted travel time away from the job for apprentices. The apprenticeship program model is 100% virtual, provides affordable housing options and offers employers the opportunity to find qualified candidates from all backgrounds. More importantly, the program ensures diversity, equity and inclusion within the technology industry and beyond by supporting high school, college and university students, through graduation including youth, veterans, foster youth, justice involved individuals, and traditionally underserved groups such as women, people of color, people with disabilities, LGBTQ+ youth and rural communities by directly addressing local area technology training and employment needs.
"As thought leaders in the software development and IT/emerging technologies apprenticeship space, our business model is based on creating an innovative and a sustainable ecosystem of highly skilled talent, fair access to new and emerging technologies, direct access to key industry employers and sustainable funding opportunities.
Software development and IT touches every single industry, and as a software company, we are building talent first and software second. Today marks a new day for technology-based apprenticeships and we must pivot and embrace what the market is telling us." said Yasmine P. Clarke, CEO. "The Bee2Bee Network Apprenticeships Program is what the market needs right now, and we are laser focused and uniquely qualified to identify and upskill new talent from all backgrounds.
We started this program in Florida back in 2011 with the grassroots support of local companies. Today, we are a state-wide registered apprenticeship program in 67 counties across Florida, and we have recently scaled to 9 different states and growing. At no time in history has the "Pursuit of Happiness" for All been more attainable than today for our apprentices! Our unique Apprentice Program serves to teach, empower and positively transform the lives of our apprentices including their standard of living. said its Founder, Ms. Yasmine Clarke.
According to recent estimates from the U.S. Department of Labor, job openings are currently at an all-time high—11 million—with only 5.5 million available workers as of May 2022. The "Great Resignation" continues with over 4 million workers quitting their jobs. For employers, the challenge is connecting future workers to career opportunities and closing the "training gap" between the skills being taught and those needed by employers.
The expansion of registered apprenticeships can open the doors to individuals who are eager to enter the workforce and provide a way to tap into underutilized human capital. These programs can also bridge the gap between entry level positions that require aptitude, ambition, on-the-job training and a talented workforce who can also earn as they learn.
Registered apprenticeships also have the potential to create greater diversity among a company's workforce and the ability to put workers who have been displaced by changes in the economy at greater job security and increased career opportunities. – (https://www.businessroundtable.org/.)
The current economy and the high number of high-earning unfilled jobs and lack of skilled workers is impacting employers across the nation and especially in Florida. For example, Workforce Region 12 in Orange County, Florida is home to The Bee2Bee Network Apprenticeship Program and technology firms such as Disney, Lockheed Martin, Siemens, Deloitte, KPMG, and Universal. The area is projected to have 24,000 new job openings in the software industry through 2029. Overall, this is a 25.5% growth increase with an expected increase of 31.8% new software development opportunities. These economic conditions provide an excellent opportunity for The Bee2Bee Network Apprenticeship Program which has traditionally utilized the learn and earn model to help employers "build' their next generation of workers.
New College of Florida Howard University Independence University Alabama Agricultural and Mechanical University, Indiana University Bloomington, Middle Tennessee State University (MTSU), Clark University, Full Sail University Valencia College, Rollins College, Borough of Manhattan Community College
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SOURCE The Bee2Bee Network Inc. | https://www.mysuncoast.com/prnewswire/2022/08/08/bee2bee-network-apprenticeships-program-announces-launch-its-new-30-million-apprenticeship-expansion-endowment-fund-amp-new-cryptocurrency-bee2bee-coin-bee/ | 2022-08-08T17:49:25Z |
NEW YORK, May 23, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Amazon.com, Inc. ("Amazon" or the "Company") (NASDAQ: AMZN) and certain of its officers. The class action, filed in the United States District Court for the Western District of Washington, Seattle Division, and docketed under 22-cv-00617, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired
If you are a shareholder who purchased or otherwise acquired Amazon securities during the Class Period, you have until July 5, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Amazon is a multinational technology company that engages primarily in the businesses of e-commerce, cloud computing, digital streaming, and artificial intelligence.
On the Company's Amazon.com e-commerce platform, Amazon sells both third-party merchandise and Amazon's own private-label products. As the owner and operator of the Amazon.com e-commerce platform, Amazon has access to certain non-public data of the third-party sellers that use the Amazon.com platform.
On or around June 3, 2019, the U.S. House Committee on the Judiciary initiated a bipartisan investigation into the state of competition online. The investigation, led by the Subcommittee on Antitrust, Commercial and Administrative Law (the "Subcommittee"), examined the business practices and market dominance of Facebook, Google, Apple, and, of particular relevance, Amazon (the "Subcommittee Investigation").
In the course of the Subcommittee Investigation, the Subcommittee held several oversight hearings in which various officers of the above referenced companies, including their respective Chief Executive Officers, offered witness testimony on topics such as the effect of market power on the press, innovation, and privacy, and the market dominance of the firms under investigation. After each of the hearings, members of the Subcommittee submitted questions for the record to the witnesses.
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) Amazon engaged in anticompetitive conduct in its private-label business practices, including giving Amazon products preference over those of its competitors and using third-party sellers' non-public data to compete with them; (ii) the foregoing exposed Amazon to a heightened risk of regulatory scrutiny and/or enforcement actions; (iii) Amazon's revenues derived from its private-label business were in part the product of impermissible conduct and thus unsustainable; and (iv) as a result, the Defendants' public statements throughout the Class Period were materially false and/or misleading.
On March 9, 2022, media outlets reported that the House Judiciary Committee had requested that the U.S. Department of Justice open a criminal investigation into Amazon and certain of its executives for allegedly lying to Congress about its business practices during the course of the Subcommittee Investigation.
In response, Amazon asserted that there was "no factual basis" for the House Judiciary Committee's allegations.
Then, on April 6, 2022, The Wall Street Journal published an article entitled "SEC Is Investigating How Amazon Disclosed Business Practices." The article reported, inter alia, that the SEC's probe has been underway for more than a year and focuses on Amazon's disclosures regarding its use of third-party seller data for its own private-label business.
On this news, Amazon's stock price fell $105.98 per share, or 3.2%, to close at $3,175.12 per share on April 6, 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. 7980
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/05/23/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-amazoncom-inc-class-action-lawsuit-upcoming-deadline-amzn/ | 2022-05-24T00:31:10Z |
FREMONT, Calif., Aug. 2, 2022 /PRNewswire/ -- STL (NSE: STLTECH), one of the industry's leading integrators of digital networks, today launched a comprehensive suite of optical connectivity solutions to empower India's 5G readiness. With recently held spectrum auctions, India is at a key point in its 5G connectivity and is expected to have ~200mn 5G subscribers by 2025. The industry requires state-of-the-art optical products that can make 5G deployment quick, easy and cost-effective.
For the past couple of years, STL has been gearing up for India's 5G revolution. The company is breaking new grounds in 5G technology with homegrown optical connectivity solutions. Continuing the momentum, STL announced a suite of compatible optical connectivity products to boost India's 5G readiness, comprising a range of optical fibre and cables and interconnect solutions. These include:
- Stellar fibre- G.657.A2 macro-bend insensitive fibre. It is compatible with legacy 4G and optical metro networks comprising G.657.A1 and G.652D.
- Celesta Intelligently Bonded Ribbon Cable combined with Compact Optical Ribbon Closure (CORC) - A high-density optical fibre cable with up to 6912 fibres. This supports faster, easier and cost-optimised network deployments by offering high capacity and better duct space utilisation.
- Micromodule cable with Micro-Optical Demarcation Closure - Highly compact closure optimised for urban deployment. It offers fast, efficient and tool-free installation for both aerial and underground fibre build-outs.
- Preconnectorised drop cabling solutions - A solution for indoor and outdoor small-cell connectivity; this pre-connectorized solution offers significant time savings during 5G infrastructure build-outs, reducing deployment complexity and the need for specialized labour
These optical solutions will enable four core benefits for network creators - scalable and agile operations, faster time-to-market, lower TCO and greener networks.
To increase capabilities in 5G-suited optical products, STL is also taking the following initiatives:
- Enhancing fibre and cable production capacity - 5G will require large-scale OFC deployment. Anticipating this demand, STL has been ramping up its capacities over the past few quarters. It is planning to raise the production capacity of optical fibre to 50 mn fkm this year and will increase cable capacity to 42 mn fkm in FY23.
- Manufacturing a new suite of pre-connectorized solutions with a state-of-the-art facility - STL's optical interconnect facility in Dadra, India, tackles all field-related complexities and devises integrated solutions for the same.
- Devising deployment methodology with LEAD 360o - A hyperscale network deployment solution for faster and more efficient 5G-led fibre rollouts.
- Developing skilled talent pool - STL has been training more than 1,00,000 professionals on 5G technology through STL Academy. It has recently signed a MoU with NASSCOM to increase the number of certified professionals in India ~10X by 2024.
Launching these solutions, Paul Atkinson, CEO, Optical Networking Business, STL, said: "We believe our optical solutions will make India accelerate towards 5G connectivity. We will continue to build innovative, cost-effective products to enable accelerated network rollouts for a seamless user experience and empower digital transformation at scale, connecting billions."
About STL - Sterlite Technologies Ltd:
STL is one of the industry's leading integrators of digital networks providing All-in 5G solutions. Our capabilities across optical networking, services, software, and wireless connectivity place us amongst the top optical players in the world. These capabilities are built on converged architectures helping telcos, cloud companies, citizen networks, and large enterprises deliver next-gen experiences to their customers. STL collaborates with service providers globally in achieving a green and sustainable digital future in alignment with UN SDG goals. STL has a global presence in India, Italy, the UK, the US, China, and Brazil. Read more, Contact us.
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SOURCE Sterlite Technologies Ltd. (STL) | https://www.kxii.com/prnewswire/2022/08/02/stl-launches-comprehensive-optical-suite-indias-5g-readiness/ | 2022-08-02T11:54:51Z |
Brand Elevates Entire Customer Experience to Help Consumers Transform Daily Life
SACRAMENTO, Calif., Aug. 23, 2022 /PRNewswire/ -- Starwest Botanicals, long-time wholesaler of organic herbs, spices, and teas since 1975, announced its launch of a completely refreshed consumer web experience. The site is step one of a brand re-introduction to help consumers unearth the benefits of botanicals to transform daily life.
"We've been a quiet pillar in the natural products industry for many years with a very dedicated community of fans," said Cole Daily, Chief Executive Officer of Starwest Botanicals. "It's time to make some noise and re-introduce ourselves to the current and next generation of herbalists, wellness enthusiasts, and culinarians."
Phase one of the refresh includes an update to the brand's original logo along with a new product catalog, easy to use and mobile friendly website, and digital media presence.
"This isn't just a marketing facelift," said Daily. "This is a promise to our conscientious customers that we are here for them across their entire wellness journey. From dipping your toes into herbs to teaching others about the benefits of botanicals, we will be there for you."
The new consumer website features a completely redesigned interface to improve customers' experience on mobile and allow for easy navigation and checkout. Enhanced educational content around sourcing and product education makes the site a go-to resource for all things botanical.
The second phase of the refresh will include additional packaging updates as well as new product innovations that continue the brand's focus on using food for wellness.
"It begins with sourcing the highest quality products with a heart," added Daily. "Our procurement team travels the globe searching for the places and spaces that are not only growing the best botanicals, teas, and spices but also keeping sustainability and the effects those products have on the people and communities who create them top of mind."
In addition to its USDA Organic status, Starwest Botanicals has recently achieved additional Kosher and British Retail Consortium's (BRC) Global Standard for Food Safety certifications at its facility in Sacramento.
Learn more and experience the new site at https://www.starwest-botanicals.com
Founded in 1975, Starwest Botanicals helps conscientious consumers unearth the powerful benefits of botanicals to transform daily life through its extensive, diverse, and carefully curated selection of premium-quality botanicals, spices, teas, and 100% pure essential oils. Over the years, the brand has grown its community through our commitment to quality, value, and transparency. From pioneering the organic herb industry, to investing in sustainability, and expanding its California headquarters, the brand is proud to be one of the largest suppliers of organic botanicals in the country. Learn more at https://www.starwest-botanicals.com.
Media Contact: Jenessa Jukes, Jenessaj@starwest-botanicals.com
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SOURCE Starwest Botanicals Inc | https://www.mysuncoast.com/prnewswire/2022/08/23/meet-new-starwest-botanicals/ | 2022-08-23T14:44:10Z |
ATLANTA – NAMI (National Alliance on Mental Illness) Georgia has announced its “Celebrate You 40th Anniversary Fundraiser” Aug. 13 at the Freight Depot from 5:30-9:30 p.m. Tickets to the event are $40 per person and include dinner, dancing and a silent auction. Confirmed sponsors include Delta Air Lines, Georgia Public Broadcasting, Georgia Building Authority and Neurocrine Biosciences.
Tickets may be purchased at www.namiga.org/event/40th-anniversary-fundraiser.
“This annual fundraiser is a much-anticipated event where our members and supporters come together to celebrate advances in the treatment and understanding of mental illness, raise funds and have a wonderful time,” Kim H. Jones, executive director of NAMI Georgia, said. “I encourage everyone with an interest in improving mental health awareness and care to join us for a lovely evening that raises funds for the important work NAMI does throughout our state.”
On Oct. 15, NAMI Georgia will hold its annual NAMI Walks Kick-off, beginning at 10 a.m. at the Georgia State Capitol in downtown Atlanta. Participants raise funds for NAMI Georgia by soliciting organizations and individuals to sponsor them in the Walk. Individuals and teams are invited to sign up now at www.namiwalks.org/georgia.
NAMI Georgia has much to celebrate this year. NAMIGA recently worked to pass Georgia House Bill 1013, which is the largest mental health bill in the state’s history. The bill passed unanimously in the state legislature, and was signed into law by Gov. Brian Kemp earlier this year. Among its provisions, the new bill requires insurance providers to cover mental health care the same way they cover physical health. It establishes state grants for outpatient treatment, seeks to increase the number of mental health providers in Georgia and gives first responders help when they’re called to a situation where someone is experiencing a mental or behavioral health crisis.
“Prior to the passage of this bill, Mental Health America ranked Georgia 48th when it comes to access to mental health care,” Jones said. “Now, Georgia’s law will be up to code with federal law, and our state will allocate millions of additional dollars towards mental health treatment and crisis services.”
NAMI Georgia is an organization of people whose lives have been affected by mental illness. It is one of the more than six hundred NAMI affiliates and state organizations across the U.S., advocating for better lives for those with mental illness, and offering support, education and advocacy. Specifically, NAMI Georgia:
· Advocates for non-discriminatory access to quality health care, housing, education and employment for people with mental illness;
· Educates the public about mental illness;
· Works to eliminate the stigma of mental illness;
· Advocates for increased funding for research into the causes and treatment of mental illness.
NAMI Georgia, which is headquartered in Atlanta, is available at (770) 234-0855 or www.namiga.org. | https://www.albanyherald.com/news/nami-georgia-plans-40th-anniversary-gala-walks/article_d381892c-05ec-11ed-8a9c-afe2fc9ecde1.html | 2022-07-17T16:58:34Z |
LUXEMBOURG, May 13, 2022 /PRNewswire/ --Votorantim Cimentos International S.A. ("VCI"), a direct, wholly-owned subsidiary of Votorantim Cimentos S.A. ("VCSA"), today announced that it has commenced a tender offer for cash (the "Tender Offer") to purchase its 7.250% Senior Notes due 2041 (the "Notes") in an aggregate principal amount that would result in VCI paying aggregate Consideration (as defined below) (excluding accrued and unpaid interest) not to exceed U.S.$200 million (the "Maximum Purchase Amount"). The Notes are guaranteed by Votorantim Cimentos S.A. ("VCSA") and Votorantim S.A. ("VSA").
The Tender Offer is being made pursuant to VCI's Offer to Purchase, dated May 13, 2022 (the "Offer to Purchase"), which sets forth a more comprehensive description of the terms of the Tender Offer. The Tender Offer is scheduled to expire at 11:59 p.m., New York City time, on June 10, 2022, unless extended or terminated earlier (the "Expiration Deadline"). Holders who validly tender and do not validly withdraw Notes on or prior to 5:00 p.m., New York City time, on May 26, 2022 (as the same may be extended, the "Early Expiration Deadline"), that are accepted for purchase by VCI will receive the "Total Tender Consideration" indicated in the table below, which includes the "Early Tender Payment" indicated in the table below, with respect to Notes validly tendered (and not validly withdrawn), subject to the Maximum Purchase Amount. Holders who validly tender (and do not validly withdraw) Notes after the Early Expiration Deadline but prior to the Expiration Deadline will receive the "Tender Offer Consideration," consisting of the Total Tender Consideration minus the Early Tender Payment, subject to the Maximum Purchase Amount. The Total Tender Consideration and the Tender Offer Consideration (collectively, the "Consideration") with respect to the Notes do not include accrued and unpaid interest from the last interest payment date for the Notes up to but excluding the applicable Settlement Date (as defined below) on the Notes validly tendered and accepted for purchase by VCI. Accrued and unpaid interest on the Notes accepted for purchase will be paid in cash on the applicable Settlement Date.
The following table sets forth certain terms of the Tender Offer:
The consideration payable for tendered Notes (the "Total Tender Consideration") will be determined at 11:00 a.m., New York City time, on May 26, 2022, unless extended by VCI in its sole discretion (the "Price Determination Date"). VCI reserves the right but is under no obligation, at any point following the Early Expiration Deadline and before the Expiration Deadline, to accept for purchase and pay for, subject to the Maximum Purchase Amount, any Notes validly tendered and not validly withdrawn at or prior to the Early Expiration Deadline (such payment date, the "Early Settlement Date"). The Early Settlement Date will be determined at VCI's option, subject to all conditions to the Tender Offer having been satisfied or waived by VCI. Irrespective of whether VCI chooses to exercise its option to have an Early Settlement Date, VCI will purchase any remaining Notes that have been validly tendered and not validly withdrawn by the Expiration Deadline, subject to the Maximum Purchase Amount, and all conditions to the Tender Offer having been satisfied or waived by VCI, on a date promptly following the Expiration Deadline (the "Final Settlement Date" and, each of the Early Settlement Date and Final Settlement Date, a "Settlement Date"). VCI reserves the right, but is not obligated, to increase the Maximum Purchase Amount in its sole and absolute discretion without extending the Early Expiration Deadline or Withdrawal Deadline or otherwise reinstating withdrawal or revocation rights, except as required by applicable law.
Notes validly tendered in the Tender Offer may not be withdrawn after 5:00 p.m., New York City Time, on May 26, 2022 (unless extended by VCI), except as may be required by applicable law.
To the extent VCI purchases validly tendered Notes in an aggregate principal amount representing an aggregate Consideration (excluding Accrued Interest) equal to the Maximum Purchase Amount on the Early Settlement Date, Holders validly tendering Notes after the Early Expiration Deadline will not be entitled to have any of their Notes accepted for purchase.
If the aggregate principal amount of Notes validly tendered would result in VCI paying aggregate Consideration (excluding Accrued Interest) that exceeds the Maximum Purchase Amount, only a principal amount of Notes validly tendered representing an aggregate Consideration (excluding accrued and unpaid interest) not exceeding such Maximum Purchase Amount will be accepted for purchase. Pursuant to the Offer to Purchase, VCI may, but is not obligated to, increase the Maximum Purchase Amount in its sole and absolute discretion without extending the Early Expiration Deadline or Withdrawal Deadline or otherwise reinstating withdrawal or revocation rights, except as required by applicable law.
VCI expressly reserves the right, subject to applicable law, to: (i) delay accepting the Notes or extend the Expiration Deadline or, if the conditions to the Tender Offer are not satisfied, terminate the Tender Offer at any time and not accept the Notes; and (ii) if the conditions to the Tender Offer are not satisfied, amend or modify at any time, the terms of the Tender Offer in any respect, including by waiving, where possible, any conditions to consummation of the Tender Offer. If VCI exercises any such right, it will make a public announcement thereof as promptly as practicable and, in the case of termination, all Notes tendered pursuant to the terminated Tender Offer and not accepted for payment will be returned promptly to the tendering holders thereof.
Copies of the Offer to Purchase are available to holders from D.F. King, the information and tender agent for the Tender Offer (the "Information and Tender Agent"). Requests for copies of the Offer to Purchase should be directed to the Information and Tender Agent, (i) banks and brokers calls, at +1 212 269 5550 (collect), (ii) all other calls, at +1 (800) 628 8538 (toll free U.S. only) or (iii) via email, at VCI@dfking.com.
VCI has retained BofA Securities, Inc. ("BofA"), Citigroup Global Markets Inc. ("Citigroup"), HSBC Securities (USA) Inc. ("HSBC"), Itau BBA USA Securities, Inc. ("Itaú BBA") and UBS Securities LLC ("UBS") to act as Dealer Managers in connection with the Tender Offer. Questions regarding the Tender Offer may be directed to BofA at +1 (646) 855-8988 (collect), +1 (888) 292-0070 (toll free), Citigroup at +1 (212) 723-6106 (collect), +1 (800) 558-3745 (U.S. toll free); HSBC at +1 (212) 525-5552 (collect), +1 (888) HSBC-4LM (toll free); Itaú BBA at +1 (888) 770-4828 (toll free) and +1 (212) 710-6749 (collect); and UBS at +1 (203) 719-4210 (collect) and +1 (888) 719-4210 (toll free).
Holders are advised to check with any bank, securities broker or other intermediary through which they hold Notes as to when such intermediary would need to receive instructions from such holder in order for that holder to be able to participate in, or withdraw their instruction to participate in, the Tender Offer, before the deadlines specified herein and in the Offer to Purchase. The deadlines set by any such intermediary and the relevant clearing systems for the submission and withdrawal of tender instructions will also be earlier than the relevant deadlines specified herein and in the Offer to Purchase.
Neither the Offer to Purchase nor any related documents have been filed with the U.S. Securities and Exchange Commission, nor have any such documents been filed with or reviewed by any federal or state securities commission or regulatory authority of any country. No authority has passed upon the accuracy or adequacy of the Offer to Purchase or any related documents, and it is unlawful and may be a criminal offense to make any representation to the contrary.
This announcement is not an offer to purchase, a solicitation of an offer to purchase or a solicitation of consents. The Tender Offer is being made solely pursuant to the Offer to Purchase. VCI is making the Tender Offer only in those jurisdictions where it is legal to do so. The Tender Offer is not being made to, nor will VCI accept tenders of Notes from holders in any jurisdiction in which the Tender Offer or the acceptance thereof would not be in compliance with the securities or blue sky laws of such jurisdiction.
About Votorantim Cimentos International S.A.
VCI is a direct, wholly-owned subsidiary of VCSA, a global vertically integrated heavy building materials company, with operations in South America, North America, Europe, Asia and Africa. VCSA and its subsidiaries (collectively, "Votorantim Cimentos") produce and sell a complete portfolio of building materials—which includes cement, aggregates, ready mix concrete, mortar and other building materials—and Votorantim Cimentos serves a highly diversified and fragmented client base. VCSA is a wholly-owned, direct subsidiary of VSA, a privately held holding company. VSA's portfolio companies operate in 16 countries in various industries: building materials, finance, aluminum, clean and renewable energy, metals and mining, orange juice, long steel, real estate, and infrastructure.
NOTICE REGARDING FORWARD-LOOKING STATEMENTS
This press release contains statements that are forward-looking within the meaning of Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended. Forward-looking statements are only predictions and are not guarantees of future performance. Investors are cautioned that any such forward-looking statements are and will be, as the case may be, subject to many risks, uncertainties and factors relating to VCI and its affiliates that may cause the actual results to be materially different from any future results expressed or implied in such forward-looking statements. Although VCI believes that the expectations and assumptions reflected in the forward-looking statements are reasonable based on information currently available to VCI's management, VCI cannot guarantee future results or events. VCI expressly disclaims a duty to update any of the forward-looking statements.
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SOURCE Votorantim Cimentos International S.A. | https://www.mysuncoast.com/prnewswire/2022/05/13/votorantim-cimentos-international-sa-launches-tender-offer-its-7250-senior-notes-due-2041-up-an-amount-notes-resulting-maximum-purchase-amount/ | 2022-05-13T22:35:59Z |
MELBOURNE, Australia and SAN FRANCISCO, July 6, 2022 /PRNewswire/ -- Alterity Therapeutics (ASX: ATH, NASDAQ: ATHE) ("Alterity" or "the Company"), a biotechnology company dedicated to developing disease modifying treatments for neurodegenerative diseases, today announced the first patient has been dosed in the Company's Phase 2 clinical trial of ATH434 in Multiple System Atrophy (MSA), a rare and highly debilitating Parkinsonian disorder.
While it is similar to Parkinson's disease, MSA progresses more rapidly and causes profound disability. In addition to the motor symptoms characteristic of Parkinson's disease, MSA manifests with more severe autonomic nervous system impairment resulting in bladder dysfunction and the inability to maintain normal blood pressure, as well as uncoordinated or clumsy movements that contribute to falling. There are no known causes or specific risk factors associated with the disease.
"Dosing of our first patient is a significant milestone for Alterity as we look to bring a potential new treatment option to individuals living with MSA," said David Stamler, M.D., Chief Executive Officer, Alterity. "This is just the first step as we expect to expand enrolment in multiple regions over the second half of this year. We are grateful to the entire clinical team at the New Zealand Brain Research Institute whose efficiency and dedication to their patients supported this accomplishment."
"As a clinician looking after people with MSA, I'm very pleased that Alterity has chosen to bring this clinical trial of a novel prospective therapy to New Zealand. There is presently no available treatment to slow down or prevent progression of this distressing brain disorder so trials such as this are very welcome," added Professor Tim Anderson, Lead Investigator of the trial at the New Zealand Brain Research Institute.
The Phase 2 clinical trial is a randomized, double-blind, placebo-controlled investigation of ATH434 in patients with early-stage MSA. The study will explore the effect of ATH434 treatment on imaging and protein biomarkers, such as aggregating α-synuclein and excess iron, which are important contributors to MSA pathology. Clinical and biomarker endpoints will permit comprehensive assessment of ATH434 efficacy along with characterization of safety and pharmacokinetics. The study is expected to enroll approximately 60 adult patients to receive one of two doses of ATH434 or placebo. Patients will receive treatment for 12 months which will provide an opportunity to detect changes in efficacy endpoints to optimize design of a definitive Phase 3 study. Additional information on the Phase 2 trial can be found by ClinicalTrials.gov Identifier: NCT05109091.
About ATH434
Alterity's lead candidate, ATH434, is the first of a new generation of small molecules designed to inhibit the aggregation of pathological proteins implicated in neurodegeneration. ATH434 has been shown preclinically to reduce α-synuclein pathology and preserve nerve cells by restoring normal iron balance in the brain. In this way, it has excellent potential to treat Parkinson's disease as well as various forms of atypical Parkinsonism such as Multiple System Atrophy (MSA). ATH434 has successfully completed a Phase 1 clinical trial demonstrating the agent is well tolerated, orally bioavailable, and achieved brain levels comparable to efficacious levels in animal models of MSA, with the objective of restoring function in patients with MSA and other Parkinsonian disorders.
ATH434 has been granted Orphan designation for the treatment of MSA by the U.S. FDA and the European Commission.
About Multiple System Atrophy
Multiple System Atrophy (MSA) is a rare, neurodegenerative disease characterized by failure of the autonomic nervous system and impaired movement. The symptoms reflect the progressive loss of function and death of different types of nerve cells in the brain and spinal cord. It is a rapidly progressive disease and causes profound disability. MSA is a Parkinsonian disorder characterized by a variable combination of slowed movement and/or rigidity, autonomic instability that affects involuntary functions such as blood pressure maintenance and bladder control, and impaired balance and/or coordination that predisposes to falls. A pathological hallmark of MSA is the accumulation of the protein α-synuclein within glia, the support cells of the central nervous system, and neuron loss in multiple brain regions. MSA affects approximately 15,000 individuals in the U.S., and while some of the symptoms of MSA can be treated with medications, currently there are no drugs that are able to slow disease progression and there is no cure.[1]
About Alterity Therapeutics Limited
Alterity Therapeutics is a clinical stage biotechnology company dedicated to creating an alternate future for people living with neurodegenerative diseases. The Company's lead asset, ATH434, has the potential to treat various Parkinsonian disorders. Alterity also has a broad drug discovery platform generating patentable chemical compounds to intercede in disease processes. The Company is based in Melbourne, Australia, and San Francisco, California, USA. For further information please visit the Company's web site at www.alteritytherapeutics.com.
Authorisation & Additional information
This announcement was authorized by David Stamler, CEO of Alterity Therapeutics Limited.
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SOURCE Alterity Therapeutics | https://www.wibw.com/prnewswire/2022/07/06/alterity-therapeutics-doses-first-patient-ath434-phase-2-clinical-trial-multiple-system-atrophy/ | 2022-07-06T16:38:27Z |
EAGAN, Minn., April 1, 2022 /PRNewswire/ -- The Blue Cross and Blue Shield of Minnesota (Blue Cross) family of companies today announced audited financial results for 2021. For the year, the organization reported a negative operating margin of less than one percent, stemming from an operating loss of $3.5 million on $14.1 billion in total revenue. A pre-tax net income of $557.6 million was driven primarily by the divestiture of Further, a subsidiary business and leading provider of health savings account and consumer-directed benefit administration services.
Audited results for 2021 include the consolidated financial statements for businesses operating under Aware Integrated, Inc. (AII), a nonprofit corporation and parent organization.
For 2021, AII administered $12.7 billion in medical claim payments, with approximately 90 cents of every premium dollar going directly to cover members' health care costs. Additionally, the organization paid more than $67.4 million in taxes, assessments and surcharges. Total member enrollment for the year ended at approximately 2.7 million.
"Financial performance was in line with our expectations for 2021, allowing us to provide reliable coverage to members and to make investments in the communities we serve," said Dana Erickson, president and CEO at Blue Cross and Blue Shield of Minnesota. "Overall, we are in a strong position to advance our strategic goals related to overall growth, health optimization and cost mitigation efforts that can deliver premiums at even more affordable and competitive rates."
Financial results for Blue Cross and Blue Shield of Minnesota
The lines of business served by Blue Cross in 2021 include small and large employer plans and a suite of Medicare offerings – Medicare Advantage, Platinum BlueSM (Medicare Cost); and MedicareBlueSM Rx (Medicare Part D). Collectively, Blue Cross reported overall operating loss of $23.8 million due to ongoing costs related to the COVID-19 pandemic.
Financial results for Blue Plus
Blue Plus is a health maintenance organization (HMO) serving the individual market as well as the Prepaid Medical Assistance Program (PMAP), the state Medicaid program, and MinnesotaCare, the health program for low-income families. Blue Plus reported operating income of $67.3 million, reflecting significant new enrollment in public programs at the same time that federal law continued to require that all states maintain existing Medicaid eligibility and coverage during the pandemic.
Social Impact in 2021
In 2021, Blue Cross provided $17.7 million in community investments to support food access, housing security, and other factors that affect health outside of a hospital or clinic setting.
To help ensure fair and equitable distribution of the COVID-19 vaccine, Blue Cross partnered with the Minnesota Department of Health (MDH), Metro Transit and the Metropolitan Council, helping to deliver more than 7,200 vaccines at 170 clinics in 42 Minnesota counties. Blue Cross employee volunteers staffed mobile clinics for more than 20 weeks throughout the spring and summer in 2021. The collaboration earned the Commissioner's Circle of Excellence award from the Minnesota Department of Human Services.
Blue Cross also increased its commitment to addressing racial and health inequities by committing $5 million to the University of Minnesota to establish the Center for Antiracism Research for Health Equity. With Dr. Rachel Hardeman, associate professor and Blue Cross Endowed Professor of Health and Racial Equity, serving as founding director, the center will develop evidence-based, antiracist research to understand and measure the impact of racism on health.
Additionally, Blue Cross employees donated nearly 20,000 hours to charitable organizations in 2021 through the company's volunteer paid time off opportunity. The complete 2021 Report to the Community can be found at Bluecrossmn.com/socialimpact.
Additional recognition
- A perfect score of 100 on the Corporate Equality Index and being named one of the "Best Places to Work for LGBTQ+ Equality" by the Human Rights Campaign Foundation.
- Recognized with an Above and Beyond Award by The Employer Support of the Guard and Reserve (ESGR) for excellence in providing benefits to employees who serve in the National Guard, the Reserves or have military family members.
- Named a Beyond the Yellow Ribbon Company for efforts to hire and retain veterans, community outreach activities and active support of military organizations, and training our clinical staff on referral resources to better assist our veteran members.
- Five out of five stars were awarded to Blue Plus for its SecureBlueSM (HMO SNP) Minnesota Senior Health Options plan for 2022 from the Centers for Medicare & Medicaid Services (CMS). Additionally, Blue Cross achieved a 4.5-star rating out of five stars for its 2022 Medicare Advantage plans, Platinum BlueSM Cost plans and MedicareBlueSM Rx Part D plans.
- The Blue Plus HMO received a 4.5 out of 5 rating overall in the 2021 National Committee for Quality Assurance (NCQA) Medicaid Health Plan Ratings, with a score of 5 out of 5 for patient experience.
AII serves as the holding company for all affiliates and subsidiaries, including the following regulated businesses associated with Blue Cross:
Blue Cross and Blue Shield of Minnesota — A nonprofit health services company and independent licensee of the Blue Cross and Blue Shield Association.
Blue Plus — A nonprofit HMO and independent licensee of the Blue Cross and Blue Shield Association that offers health plans and contracted provider networks throughout Minnesota to individuals and local, state and national groups.
MII Life Insurance, Inc., d/b/a FurtherSM (formerly SelectAccount®) — An independent licensee of the Blue Cross and Blue Shield Association that served as a third-party administrator of medical spending accounts included in consumer-directed health plans throughout the country.
Blue Cross provides all information, reports and audited details as required by the State of Minnesota for both commercial and public program products. Detailed financial statements for the organization's regulated businesses are filed with the Minnesota Department of Commerce.
About Blue Cross and Blue Shield of Minnesota
For nearly 90 years, Blue Cross and Blue Shield of Minnesota (bluecrossmn.com) has supported the health, wellbeing and peace of mind of our members by striving to ensure equitable access to high quality care at an affordable price. Our 2.7 million members can be found in every Minnesota county, all 50 states and on four continents. Blue Cross and Blue Shield of Minnesota is an independent licensee of the Blue Cross and Blue Shield Association.
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SOURCE Blue Cross and Blue Shield of Minnesota | https://www.mysuncoast.com/prnewswire/2022/04/01/blue-cross-blue-shield-minnesota-reports-2021-financial-results/ | 2022-04-01T16:10:44Z |
BOSTON, Sept. 12, 2022 /PRNewswire/ -- NeuroBo Pharmaceuticals, Inc. (Nasdaq: NRBO) ("NeuroBo" or the "Company"), a clinical-stage biotechnology company, announced today a 1-for-30 reverse split of its Common Stock, par value $0.001 ("common stock"), effective at 5:00 pm Eastern time today. Beginning on September 13, 2022, the Company's common stock will trade on The Nasdaq Capital Market on a split adjusted basis.
At the Company's annual meeting of stockholders on June 9, 2022, the stockholders approved a proposal to amend the Company's Certificate of Incorporation to effect a reverse split of the Company's outstanding common stock at a ratio in the range of 1-for-5 to 1-for-35 to be determined at the discretion of our Board of Directors, whereby each outstanding 5 to 35 shares would be combined, converted and changed into 1 share of Common Stock, to enable the Company to comply with the Nasdaq Stock Market's continued listing requirements.
Upon effectiveness, the reverse stock split will cause a reduction in the number of shares of common stock outstanding and issuable upon the conversion of the Company's outstanding stock options and warrants in proportion to the ratio of the reverse split, and will cause a proportionate increase in the conversion and exercise prices of such stock options and warrants. Any fraction of a share of Common Stock that would be created as a result of the Reverse Stock Split will be rounded down to the next whole share and the stockholder will receive cash equal to the market value of the fractional share, determined by multiplying such fraction by the closing sales price of the Company's Common Stock as reported on Nasdaq on the last trading day before the Reverse Stock Split becomes effective (on a split-adjusted basis).
The Company's common stock will continue to trade on The Nasdaq Capital Market under the symbol "NRBO". The new CUSIP number for the common stock following the reverse split is 64132R 206.
The number of authorized shares of the Company's common stock will remain at 100 million, while the number of outstanding shares will be reduced from approximately 26.7 million to approximately 0.9 million.
Additional information about the reverse stock split can be found in the Company's definitive proxy statement filed with the Securities and Exchange Commission on May 18, 2022, a copy of which is also available on the Company's website under the Investor Relations page.
Investor Relations Contact:
Rx Communications Group
Michael Miller
+1-917-633-6086
mmiller@rxir.com
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SOURCE NeuroBo Pharmaceuticals, Inc. | https://www.kxii.com/prnewswire/2022/09/12/neurobo-pharmaceuticals-announces-reverse-stock-split/ | 2022-09-12T13:45:46Z |
Staffing leader proud to partner with Lundgaard and Rahal Letterman Lanigan Racing to drive home mission of connecting people and work
TACOMA, Wash., June 1, 2022 /PRNewswire/ -- As the official staffing partner of the 2022 NTT INDYCAR® SERIES, PeopleReady exemplified its mission of connecting people and work by staffing over 400 positions essential to running the Indy500 at the Indianapolis Motor Speedway this past weekend. Positions staffed included ticket takers, event support staff, concession workers, and bartender and barback positions.
"PeopleReady is committed to putting work and workforces within reach—helping Indianapolis Motor Speedway staff up ahead of the Indy500 was an opportunity to do just that," said Patrick Beharelle, CEO of TrueBlue, the parent company of PeopleReady. "We are driven by our mission to make a difference in our communities and look forward to continuing to be a force for good as the INDYCAR series and our partnership with them continues."
In addition to helping staff up for the big race, PeopleReady is hosting the PeopleReady Force for Good Challenge, a partnership between PeopleReady and INDYCAR, all season long. The challenge gives drivers and their teams the chance to win $1 million to be split between themselves and a charity of their choice.
PeopleReady is also offering $10,000 to the winner of each race this season, with a special one-time prize of $20,000 to Marcus Ericsson, winner of the Indy500, also to be split with his selected charity, St. Jude Children's Research Hospital. This season, PeopleReady is the primary sponsor of Rahal Letterman Lanigan (RLL) Racing's rookie of the year candidate Christian Lundgaard.
PeopleReady has a variety of ways for job seekers to access job opportunities via app (JobStack) and online (jobs.peopleready.com).
About PeopleReady
PeopleReady, a TrueBlue company (NYSE: TBI), specializes in quick and reliable on-demand labor and highly skilled workers. PeopleReady supports a wide range of blue-collar industries, including construction, manufacturing and logistics, waste and recycling, and hospitality. Leveraging its game-changing JobStack platform and 600-plus branch offices across all 50 states, Puerto Rico and Canada, PeopleReady served approximately 94,000 businesses and put approximately 220,000 people to work in 2021. Learn more at www.peopleready.com.
Media Contact
Caroline Sabetti
Chief Marketing Officer, PeopleReady and PeopleScout
& Senior Vice President of TrueBlue Communications
csabetti@trueblue.com
312.560.9173
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SOURCE PeopleReady | https://www.mysuncoast.com/prnewswire/2022/06/01/peopleready-primary-sponsor-driver-christian-lundgaard-staffed-indy500/ | 2022-06-01T20:03:09Z |
Pelicans earn 105-101 win over Clippers, claim No. 8 seed
By BETH HARRIS
AP Sports Writer
LOS ANGELES (AP) — Brandon Ingram scored 30 points and the New Orleans Pelicans overcame a 13-point deficit in the fourth quarter to beat the depleted Los Angeles Clippers 105-101 in a play-in and earn the West’s No. 8 seed for the playoffs. The Pelicans made the playoffs for the first time since 2017-18, guided by first-year coach Willie Green, a former Clipper. They’ve been without Zion Williamson all season because of a foot injury. CJ McCollum added 19 points for the Pelicans. The Clippers were led by Reggie Jackson and Marcus Morris with 27 points each. Los Angeles was missing Paul George, who entered the league’s health and safety protocols earlier in the day. | https://localnews8.com/sports/ap-national-sports/2022/04/15/pelicans-earn-105-101-win-over-clippers-claim-no-8-seed/ | 2022-04-16T05:50:27Z |
DENTON, Texas (AP) — A Texas judge has declared a mistrial in the child sex assault case against former All-Star and World Series MVP pitcher John Wetteland after the jury deadlocked.
The Denton County jury told Judge Lee Ann Breading three times that it was split before she declared a mistrial Friday. Wetteland, who played for the Texas Rangers from 1997 to 2000 and also played for the New York Yankees and Seattle Mariners, was being tried on three counts of aggravated sexual assault of a child.
When asked if the case will be retried, Denton County First Assistant District Attorney Jamie Beck said in an email Sunday: “We will move forward, whether this means it is resolved through negotiations or trial again is up to him.”
Wetteland, who is 56 and a Rangers’ Hall of Famer, faced 25 years to life in prison, if convicted.
Authorities had accused Wetteland of sexually assaulting a child three times between 2004 and 2006, starting when the child was 4 years old. Wetteland, who pleaded not guilty, testified in his own defense and said the accuser’s account of sexual abuse was a lie.
The accuser, who is now 22, said the abuse happened in the master bathroom shower of Wetteland’s home in Bartonville, located just south of Denton.
Wetteland’s attorneys said the accuser was manipulated to levy false accusations against Wetteland.
The accuser testified that he didn’t want to involve law enforcement. Instead, he had written a letter intended only for family members disclosing the abuse. But, according to testimony, an investigation started after the accuser’s high school learned of the allegations in 2019 when district software flagged a letter written in Google Docs that was linked to the accuser’s school-issued email.
Prosecutor Rachel Nichols said the accuser had “nothing to gain” by coming forward with abuse allegations.
“He’s not this evil kid,” Nichols said. “He didn’t want the world to know.” | https://cw33.com/news/u-s-news/ap-us-headlines/ap-mistrial-in-abuse-case-in-texas-against-ex-mvp-wetteland/ | 2022-09-05T02:02:48Z |
NEW YORK, May 24, 2022 /PRNewswire/ -- AB Global High Income Fund [NYSE: AWF] (the "Fund") today released its monthly portfolio update as of April 30, 2022.
AB Global High Income Fund
Top 10 Fixed-Income Holdings
Portfolio %
1) U.S. Treasury Notes 2.25%, 02/15/27
1.64%
2) U.S. Treasury Notes 2.875%, 08/15/28
1.11%
3) CCO Holdings 4.50%, 08/15/30 - 06/01/33
0.64%
4) CCO Holdings 4.75%, 02/01/32
0.63%
5) Dominican Repubic Intl Bond 8.625%, 04/20/27
6) Altice France SA/France 5.125%, 07/15/29
0.53%
7) Sirius XM Radio, Inc. 4.00%, 07/15/28
0.52%
8) Royal Caribbean Cruises 5.50%, 08/31/26 - 04/01/28
0.51%
9) AMMC CLO 25 Ltd. Zero Coupon, 04/15/35
0.50%
10) Altice Financing SA 5.75%, 08/15/29
0.48%
Investment Type
Corporates - Non-Investment Grade
Industrial
Communications - Media
6.67%
Energy
6.43%
Consumer Non-Cyclical
5.98%
Basic
3.44%
Services
3.17%
Consumer Cyclical - Other
2.89%
Communications - Telecommunications
2.73%
Consumer Cyclical - Automotive
Capital Goods
2.68%
Technology
2.66%
Consumer Cyclical - Entertainment
2.55%
Consumer Cyclical - Retailers
2.33%
Transportation - Services
0.77%
Consumer Cyclical - Restaurants
0.74%
Transportation - Airlines
0.33%
Other Industrial
0.08%
SUBTOTAL
46.18%
Credit Default Swaps
20.83%
Financial Institutions
Banking
2.07%
Finance
1.78%
REITs
1.27%
Insurance
0.67%
Other Finance
0.49%
Brokerage
0.44%
6.72%
Utility
Electric
1.06%
Other Utility
0.19%
1.25%
74.98%
Interest Rate Futures
15.04%
Corporates - Investment Grade
2.93%
1.49%
0.36%
0.12%
0.02%
5.56%
0.72%
0.69%
0.46%
0.32%
0.28%
0.26%
0.18%
0.15%
0.11%
4.45%
0.07%
10.08%
Collateralized Mortgage Obligations
Risk Share Floating Rate
4.82%
Non-Agency Fixed Rate
Non-Agency Floating Rate
0.40%
Agency Fixed Rate
0.37%
6.05%
Commercial Mortgage-Backed Securities
4.54%
Non-Agency Fixed Rate CMBS
1.13%
Non-Agency Floating Rate CMBS
5.69%
Emerging Markets - Corporate Bonds
1.33%
0.61%
0.56%
0.30%
0.20%
0.10%
4.39%
0.60%
0.06%
0.04%
0.01%
0.43%
5.42%
Bank Loans
0.90%
0.83%
0.54%
0.45%
0.31%
0.27%
0.24%
0.17%
0.14%
4.74%
0.29%
5.22%
Emerging Markets - Sovereigns
4.97%
0.25%
Collateralized Loan Obligations
CLO - Floating Rate
4.62%
Global Governments
3.43%
Common Stocks
1.77%
Total Return Swaps
1.45%
Quasi-Sovereigns
Quasi-Sovereign Bonds
0.96%
Local Governments - US Municipal Bonds
Forward Currency Exchange Contracts
Currency Instruments
Preferred Stocks
Industrials
0.41%
Inflation-Linked Securities
0.22%
Asset-Backed Securities
Autos - Fixed Rate
Other ABS - Fixed Rate
0.16%
Warrants
Reverse Repurchase Agreements
-0.17%
Cash & Cash Equivalents
Cash
2.25%
Funds and Investment Trusts
1.04%
U.S. Treasury Bills
3.39%
Derivative Offsets
Futures Offsets
-15.64%
Swap Offsets
-29.26%
-44.90%
TOTAL
100.00%
Country Breakdown
United States
72.64%
United Kingdom
3.40%
Canada
1.93%
France
1.70%
Luxembourg
1.59%
Brazil
1.53%
Mexico
1.20%
Germany
1.05%
Spain
1.02%
Nigeria
Italy
0.73%
Switzerland
0.65%
Bahrain
India
Dominican Republic
0.62%
Australia
0.58%
Colombia
China
Israel
0.47%
Argentina
Cote D'Ivoire
Finland
Netherlands
0.42%
Sweden
Macau
Oman
Ghana
0.35%
Peru
Angola
Jersey (Channel Islands)
Senegal
Ukraine
Egypt
Zambia
Indonesia
Gabon
Jamaica
Ireland
0.21%
South Africa
Hong Kong
Ecuador
Denmark
El Salvador
Japan
Turkey
Guatemala
Venezuela
Chile
0.05%
Bermuda
Kuwait
Panama
Morocco
0.03%
Belgium
Cayman Islands
Czech Republic
Norway
Total Investments
Net Currency Exposure Breakdown
US Dollar
100.05%
Canadian Dollar
Argentine Peso
Swiss Franc
Japanese Yen
South Korean Won
Norwegian Krone
Singapore Dollar
Brazilian Real
-0.01%
Chinese Yuan Renminbi (Offshore)
Pound Sterling
New Zealand Dollar
Euro
-0.06%
Colombian Peso
-0.12%
Total Net Assets
Credit Rating
AAA
6.28%
AA
A
1.28%
BBB
12.63%
BB
38.24%
B
25.21%
CCC
8.45%
CC
C
D
Not Rated
4.58%
Short Term Investments
1.14%
N/A
1.85%
Total
Bonds by Maturity
Less than 1 Year
4.07%
1 To 5 Years
40.18%
5 To 10 Years
44.35%
10 To 20 Years
20 To 30 Years
2.77%
More than 30 Years
1.82%
Other
1.84%
Portfolio Statistics:
Average Coupon:
7.06%
Average Bond Price:
93.44
Percentage of Leverage(based on gross assets):
Bank Borrowing:
0.00%
Investment Operations:
29.27%
Preferred Stock:
Tender Option Bonds:
VMTP Shares:
Total Fund Leverage:
Average Maturity:
6.59 Years
Effective Duration:
4.75 Years
Total Net Assets:
$990.72 Million
Net Asset Value:
$11.49
Total Number of Holdings:
1,620
Portfolio Turnover:
51.00%
* Investment Operations may include the use of certain portfolio management techniques such as credit default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities.
The foregoing portfolio characteristics are as of the date indicated and can be expected to change. The Fund is a closed-end U.S.-registered management investment company advised by AllianceBernstein L. P.
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SOURCE AllianceBernstein Global High Income Fund, Inc.
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.mysuncoast.com/prnewswire/2022/05/24/ab-global-high-income-fund-releases-monthly-portfolio-update/ | 2022-05-24T21:51:03Z |
SAN DIEGO, May 16, 2022 /PRNewswire/ -- Mirati Therapeutics, Inc. (NASDAQ: MRTX), a clinical-stage targeted oncology company, today announced the appointment of Laurie Stelzer as the Company's Chief Financial Officer (CFO) effective May 16, 2022. Laurie will report to the Company's Chief Executive Officer, David Meek.
David commented, "We are excited to have Laurie join Mirati. She brings extensive finance expertise and strategic insights, which will be invaluable as we continue to deliver on our ambitious goals, including working toward our first potential launch in the U.S. this year with adagrasib in previously-treated KRASG12C non-small cell lung cancer. I am confident her proven leadership in biopharma will benefit Mirati, as we continue to scale towards becoming a sustainable, commercial oncology company and aggressively execute our strategy."
"I am honored to be part of an innovative and patient-centric company that is helping people with cancer, especially during this period of growth and as Mirati rapidly advances a deep pipeline of targeted oncology programs," said Laurie. "The Mirati team is dedicated to transforming the lives of patients with cancer and I look forward to working with my new colleagues to meaningfully advance this mission."
Laurie joins the Company most recently from Arena Pharmaceuticals, Inc. (acquired by Pfizer) where she served as Executive Vice President and CFO since 2020. She brings 25 years of biopharma industry experience to her role in leading the company's finance functions. Prior to joining Arena, Laurie was the CFO at Halozyme Therapeutics where she led the finance, information technology, business development, project management and site operations organizations.
Prior to joining Halozyme, Laurie held senior management roles at Shire Plc (acquired by Takeda), including Senior Vice President of Finance, Division CFO for the Regenerative Medicine Division, and Head of Investor Relations. Previously she held positions of increasing responsibility during her fifteen-year career at Amgen, Inc., spanning the areas of finance, treasury, global accounting, and international/emerging markets.
Laurie received her B.S. in Accounting from Arizona State University, and her M.B.A. from the Anderson School of Management at the University of California, Los Angeles.
Vickie Reed, Mirati's Chief Accounting Officer, filled the role of Mirati's Principal Accounting Officer and on an interim basis, the Principal Financial Officer, and will be retiring from Mirati later this year.
About Mirati Therapeutics, Inc.
Mirati Therapeutics, Inc. is a clinical-stage biotechnology company whose mission is to discover, design and deliver breakthrough therapies to transform the lives of patients with cancer and their loved ones. The company is relentlessly focused on bringing forward therapies that address areas of high unmet need, including lung cancer, and advancing a pipeline of novel therapeutics targeting the genetic and immunological drivers of cancer. Unified for patients, Mirati's vision is to unlock the science behind the promise of a life beyond cancer. For more information about Mirati, visit us at Mirati.com or follow us on Twitter, LinkedIn and Facebook.
Forward Looking Statements
This press release contains certain forward-looking statements regarding the business of Mirati Therapeutics, Inc. ("Mirati"). Any statement describing Mirati's goals, expectations, financial or other projections, intentions or beliefs, development plans and the commercial potential of Mirati's drug development pipeline, including without limitation adagrasib (selective KRASG12C inhibitor), sitravatinib (TAM receptor inhibitor), MRTX1719 (MTA cooperative PRMT5 inhibitor), MRTX1133 (selective KRAS G12D inhibitor), and MRTX0902 (SOS1 inhibitor), is a forward-looking statement and should be considered an at-risk statement. Such statements are subject to risks and uncertainties, particularly those challenges inherent in the process of discovering, developing and commercialization of new drug products that are safe and effective for use as human therapeutics, and in the endeavor of building a business around such drugs.
Mirati's forward-looking statements also involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although Mirati's forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by Mirati. As a result, you are cautioned not to rely on these forward-looking statements. These and other risks concerning Mirati's programs are described in additional detail in Mirati's quarterly reports on Form 10-Q and annual reports on Form 10-K, which are on file with the U.S. Securities and Exchange Commission (the "SEC") available at the SEC's Internet site (www.sec.gov). Mirati assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements, except as required by law.
Mirati Contacts
Investor Relations: ir@mirati.com
Media Relations: media@mirati.com
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SOURCE Mirati Therapeutics, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/16/mirati-therapeutics-appoints-laurie-stelzer-chief-financial-officer/ | 2022-05-16T21:55:11Z |
SPRINGFIELD, Mass. and EXTON, Pa., July 19, 2022 /PRNewswire/ -- Massachusetts Mutual Life Insurance Company (MassMutual) today announced another way to access its life and disability income (DI) insurance products. Effective immediately, products are now available through iPipeline® on iGO®, iPipeline's intelligent digital application platform built specifically for insurance and financial services.
The expanded access is being made possible by MassMutual Strategic Distributors (MMSD), a dedicated third-party distribution channel introduced by MassMutual in early 2021 to expand the company's reach to more people and provide them with the financial solutions they need. One of MMSD's highest priorities is to provide and enhance digital capabilities for its distribution partners and do so in the ways that they want to do business.
"We are committed to significantly expanding our ability to deliver on our purpose to help people secure their future and protect the ones they love," said Lisa Todd, Head of Life and Disability Insurance Distribution, MassMutual Strategic Distributors. "With iPipeline's technology, we can provide our distribution partners with an easy, quick, and efficient digital journey that will help them grow their business."
iGO provides an end-to-end technology ecosystem that ensures that 100% of e-Applications are in good order, and on a platform that is available anytime, anywhere, and on any device. Through simplifying the application process, financial professionals can expect to reduce cycle time and increase placement ratio.
"Our goal is to provide our distribution channels with the digital capabilities they need to continue to grow while we continually expand with new ways to reach more people," said Dominic Blue, Head of Third Party and Direct to Consumer. "We chose iPipeline as one of our key solutions for this critical technology to help us achieve this objective, while providing exceptional service to our third-party distribution partners."
"We're excited to extend our market-leading technology to the MassMutual Strategic Distributors distribution channel," said Bill Hunter, Senior Vice President of Sales at iPipeline. "Harnessing our end-to-end technology ecosystem can assist MMSD in simplifying and accelerating its workflow while providing an efficient and effortless digital experience to help them promote its growth goals."
About MassMutual
MassMutual is a leading mutual life insurance company that is run for the benefit of its members and participating policyowners. Founded in 1851, the company has been continually guided by one consistent purpose: we help people secure their future and protect the ones they love. With a focus on delivering long-term value, MassMutual offers a wide range of protection, accumulation, wealth management and retirement products and services. To learn more about MassMutual Strategic Distributors, visit mmsd.massmutual.com.
About iPipeline
iPipeline is building the end-to-end digitized ecosystem for the life insurance and wealth management industries, which will enable millions of uninsured or under-insured Americans to secure their financial futures as part of a holistic financial planning experience. The firm is working to optimize all application and processing workflows—from quote to commission—and consolidating them within one of the most expansive straight-through processing platforms, significantly reducing paper, saving time, and increasing premiums and placements for insurance agents. iPipeline is also committed to offering premier subscription-based tools to help financial institutions and advisors automate and digitize financial transactions, comply with regulations, and seamlessly incorporate life insurance and annuities into client accounts.
The iPipeline digital ecosystem incorporates one of the industry's largest data sets to enable advisors and agents to optimize their businesses. Since its establishment in 1995, iPipeline has facilitated 1.5 billion quote responses, $32 billion in savings on printing and mailing costs, the collection of 55 billion premiums, and the protection of 25 million lives. iPipeline operates as a unit of Roper Technologies (NYSE: ROP), a constituent of the S&P 500® and Fortune 500® indices. For more information, please visit https://www.ipipeline.com/.
Media Contacts:
Paula Tremblay
MassMutual
ptremblay@massmutual.com
Laura Simpson
JConnelly for iPipeline
973-713-8834
ipipelinepr@jconnelly.com
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SOURCE iPipeline | https://www.wibw.com/prnewswire/2022/07/19/life-disability-income-insurance-products-massmutual-now-available-ipipelines-end-to-end-digital-platform/ | 2022-07-19T15:15:02Z |
PITTSBURGH, Aug. 15, 2022 /PRNewswire/ -- "I wanted to create a way to protect your phone against accidental drops," said an inventor, from Middletown, Ohio, "so I invented the LIFE LINE SAFETY PHONE CASE. My design would help to avoid unsightly scratches, dings and cracks and it would ensure that your phone is easily accessible when needed."
The invention provides an improved case for cell phones. In doing so, it helps to prevent accidental drops and damage. It also helps to prevent the phone from being left behind, lost or stolen. As a result, it provides added peace of mind. The invention features a lightweight and attractive design that is easy to apply and use so it is ideal for the owners of cell phones. Additionally, it is producible in design variations.
The original design was submitted to the Cincinnati sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-CCT-4650, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/08/15/inventhelp-inventor-develops-life-line-safety-phone-case-cct-4650/ | 2022-08-15T17:26:46Z |
ST. LOUIS, July 21, 2022 /PRNewswire/ -- Financial services firm Edward Jones was recognized as one of the 100 Best Workplaces for Millennials in 2022 by Great Place to Work® and Fortune® magazine. The privately held Fortune 500 firm ranked No. 3 overall and was the highest-ranking financial services firm on the list of 100 large companies.
Great Place to Work based its ranking on a data-driven methodology applied to a confidential survey of more than 1 million respondents who work at Great Place to Work-certified organizations. Survey statements collectively described a great associate experience, defined as high levels of trust, respect, credibility, fairness, pride and camaraderie. Responses were compared across generations.
Chief among the survey findings, released in July 2022, is the importance that millennials place on having purpose in their work. The data as of March 15, 2022, showed that purpose represents the biggest gap between millennials and older generations. The data also spotlighted three key factors reflective of whether an employee will stay with their employer: purpose; reputation, manifested as pride in their work and their employer; and connection with their work, colleagues and working environment.
"We wholeheartedly agree with the priority that millennials place on having purpose in their work. At Edward Jones, our purpose is our North Star – to partner for positive impact, to improve the lives of our clients and colleagues, and together, better our communities and society," said Kristin Johnson, Chief Transformation and Human Resources Officer." We put purpose into action by helping our clients have greater possibilities in their lives, by connecting our colleagues even more deeply to their own purpose and how their talent helps them achieve it, and by ensuring that every community feels the impact we make as we make a difference for people. Being named to the Best Workplaces for Millennials list this year, with its emphasis on purpose, is especially meaningful, and humbling, for us."
Edward Jones in March released its fourth-annual Purpose, Inclusion and Citizenship Report, "Partnering for Positive Impact," which showcases the firm's year-end 2021 achievements and how it works to improve the lives of its clients and colleagues, and together, better its communities and society. In 2021, the firm furthered a place of belonging for its associates and advanced its diverse representation goals, educated more than 175,000 individuals through its Financial Fitness program and donated more than $26 million to 259 organizations through corporate, Edward Jones Foundation and philanthropic giving.
Celebrating its Centennial in 2022, Edward Jones is committed to making the firm an even better place to work through investments and enhancements in professional development, productivity resources and expanded flexibility opportunities.
"These companies value their millennial workers by showing genuine care, flexibility and purpose in ways that matter to this generation," says Michael C. Bush, CEO of Great Place to Work. "They expect company values to be lived by their leaders, which, in turn, elicits their loyalty and trust. Congratulations to the Best Workplaces for Millennials for their hard work."
In 2022, Edward Jones also was named among the Fortune® 100 Best Companies to Work For by Fortune® magazine and Great Place to Work, the firm's 23rd year on the list and ranking No. 35 this year (announced in April 2022; data as of August 2021). Fortune® magazine also recognized Edward Jones as one of the 2022 World's Most Admired Companies, in partnership with Korn Ferry (announced in February 2022; data as of November 2021).
Great Place to Work® is the global authority on workplace culture. Since 1992, they have surveyed more than 100 million employees worldwide and used those deep insights to define what makes a great workplace: trust. Their employee survey platform empowers leaders with the feedback, real-time reporting and insights they need to make data-driven people decisions. Everything they do is driven by the mission to build a better world by helping every organization become a great place to work For All™. Learn more at greatplacetowork.com and on LinkedIn, Twitter, Facebook and Instagram.
Edward Jones, a Fortune 500 firm, provides financial services in the U.S. and through its affiliate in Canada. The firm's nearly 19,000 financial advisors serve more than 8 million clients with a total of $1.7 trillion in client assets under care. Edward Jones' purpose is to partner for positive impact to improve the lives of its clients and colleagues, and together, better our communities and society. Through the dedication of the firm's 50,000 associates and our branch presence in 68 percent of U.S. counties, the firm is committed to helping more people achieve financially what is most important to them. The Edward Jones website is at www.edwardjones.com, and its recruiting website is www.careers.edwardjones.com. Member SIPC.
©2022 Fortune Media IP Limited. All rights reserved. Used under license. Fortune and Fortune Media IP Limited are not affiliated with, and do not endorse the products or services of, Edward Jones & Co., L.P.
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SOURCE Edward Jones | https://www.kxii.com/prnewswire/2022/07/21/edward-jones-named-one-100-best-workplaces-millennials-by-great-place-work-fortune-magazine/ | 2022-07-21T17:24:54Z |
CONROE, Texas, June 16, 2022 /PRNewswire/ -- Sapphire Gas Solutions, a Conroe, Texas based natural gas solutions service provider, announced the rollout of their new Pipe to Pipe Compression service offering today.
"The creation and successful implementation of this new service offering is another milestone for Sapphire. Most importantly, it provides our current and future customers with another crucial service related to the Natural Gas integrity space," said Sam Thigpen, CEO of Sapphire Gas Solutions.
Why are pipe to pipe compression and pipeline evacuation services important to Sapphire's customers?
The ability for Sapphire to evacuate pipeline gas from the system and pull the system down to a pressure of 5 PSIG while moving volumes of up to 3 MMSCF (million standard cubic feet) of natural gas per compressor unit in 24 hours is industry-leading. This service prevents the release of methane to the atmosphere during planned or unplanned maintenance on a section of pipeline ranging in distances from yards to miles. The preservation of the molecule assists Sapphire's customers in meeting their current and future ESG goals by lowering vented or flared methane emissions while preserving the commodity.
Sapphire's compression team completed two successful Pipe to Pipe Compression projects in the last two weeks.
The first project was performed for a major energy infrastructure company in Illinois. Sapphire's compressors moved 20 MMSCF in four days with two units along a 14-mile section of 32-inch pipe. The second project was an emergency call-out where Sapphire deployed its compressors and technicians in under 36 hours to the pipeline injection site for a significant natural gas distributor in Texas and moved 2.7 MMSCF in under 24 hours along a 42-mile section of 14-inch pipe.
Sapphire currently operates a fleet capable of moving volumes greater than 12 MMSCF per day and expanding the capability to 24 MMSCF per day by the end of July. All inquiries can be submitted via Sapphire's contact us form found at this link: http://sapphirenatgas.co/p2pc-press-release
Sapphire Gas Solutions provides compressed natural gas (CNG), renewable natural gas (RNG), and liquefied natural gas (LNG) solutions to industrial, utility, manufacturing, and other end-use applications across the United States.
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SOURCE Sapphire Gas Solutions | https://www.wibw.com/prnewswire/2022/06/16/sapphire-announces-pipe-pipe-compression-service-line-with-successful-completion-two-pipeline-evacuation-projects/ | 2022-06-16T19:01:13Z |
Infusion therapy at home vital to a $20 billion worldwide market
PORTSMOUTH N.H., June 20, 2022 /PRNewswire/ -- Pneuma Systems Corporation (Pneuma), an emerging leader in the infusion therapy industry, today announced it appointed Stanley N. Chamallas, RPh FASHP FNHIA, as its Director of Infusion Therapy Process Improvement for Home Care.
Mr. Chamallas was one of a handful of pioneering pharmacists that created the now well-established field of home infusion therapy. Just over 40 years ago, when options for treating patients at home were very limited, Chamallas helped develop early methods for bulk preparation of intravenous nutrition products. He contributed to nearly every aspect of home infusion with Home Health Care of America, which evolved into Caremark and subsequently was acquired by Baxter International. Since then, Chamallas contributed to many commercial and industry organizations, both large and small, until his retirement from OptionCare Health, a current leader in home infusion services.
Pneuma plans to support a network of Centers of Infusion Excellence where therapies are carried out in controlled environments under intense observation. Traditional outpatient treatments will be accompanied by procedures for home and acute care, carried out in simulated environments.
"I have long envisioned creating a streamlined process for drug delivery, but the technology never supported it," said Mr. Chamallas. "The approach by Pneuma is different; they look at the entire process rather than just a product. It reminds me of the transformation with Uber, in which all the 'friction' has been removed from a process. I was very active in the initial use of 'elastomeric infusion pumps,' which had a positive impact on patient care, and I'm eager to be part of an effort that can have an even larger impact."
Mr. Chamallas is a native New Englander who resides in New Hampshire.
Pneuma Founder and CEO Jeffrey Carlisle notes, "Stan brings vast experience in all aspects of infusion therapy and behind-the-scene pharmacy operations, but his passion for patient care is the most important characteristic to us. We are honored to be able to work with such an industry pioneer. We expect his many stories to significantly influence Miranda Bakos, our recently appointed VP of Process Transformation (https://www.prnewswire.com/news-releases/pneuma-systems-names-vice-president-to-develop-centers-of-infusion-excellence-301531492.html?tc=eml_cleartime.)
Pneuma recently announced a multi-faceted business collaboration with West Pharmaceutical Services, Inc. allowing Pneuma to provide a novel closed-loop fluid flow control platform. (https://www.prnewswire.com/news-releases/pneuma-systems-collaborates-with-west-pharmaceutical-services-inc-to-improve-the-patient-experience-301519643.html?tc=eml_cleartime.) The collaboration marks a strategic new step in Pneuma's long history of working to improve the patient's experience with drug therapy.
About Pneuma
Pneuma Systems is a New Hampshire based company founded by Jeffrey Carlisle, also Founder of the recently acquired Ivenix (https://yhoo.it/3veu0Oy). Pneuma is dedicated to removing obstacles in the infusion therapy process which interfere with a nurse's ability to care for the patient. More information about Pneuma Systems is available at www.pneuma-systems.com.
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SOURCE Pneuma Systems Corporation | https://www.wibw.com/prnewswire/2022/06/20/pneuma-systems-corporation-recruits-industry-pioneer-disrupt-home-infusion-space/ | 2022-06-20T14:41:52Z |
MOSCOW (AP) — The Kremlin said Friday that it’s open to talking about a possible prisoner exchange involving American basketball star Brittney Griner but strongly warned Washington against publicizing the issue.
Griner, a two-time U.S. Olympic champion and an eight-time all-star with the WNBA’s Phoenix Mercury, has been detained in Russia since Feb. 17 after police at a Moscow airport said they found vape cartridges containing cannabis oil in her luggage.
A judge convicted the 31-year-old athlete Thursday of drug possession and smuggling, and sentenced her to nine years in prison. The politically charged case comes amid high tensions between Moscow and Washington over Russia’s military action in Ukraine.
Asked at the White House Friday about the prospects of securing Griner’s release, President Joe Biden said: “I’m hopeful … We’re working hard.”
In an extraordinary move, U.S. Secretary of State Antony Blinken spoke last week to Russian Foreign Minister Sergey Lavrov, urging him to accept a deal under which Griner and Paul Whelan, an American jailed in Russia on espionage charges, would go free.
Lavrov and Blinken were both in Cambodia on Friday for a meeting of the Association of Southeast Asian Nations. Blinken did not even glance at his Russian counterpart as they took their seats at an East Asia Summit.
Lavrov told reporters that Blinken didn’t try to contact him while they were attending the ASEAN meeting.
“We were separated by just one person at the discussion table, but I didn’t feel his desire to catch me. My buttons are all in place,” he said when asked about Washington’s statement that Blinken would try to buttonhole Lavrov for a quick interaction in Phnom Penh.
Lavrov said Moscow was “ready to discuss” a prisoner swap but that the topic should only be discussed via a dedicated Russia-U.S. channel that Biden and Russian President Vladimir Putin agreed to establish when they met in Geneva in June 2021.
“If the Americans again try to engage in public diplomacy and make loud statements about their intention to take certain steps, it’s their business, I would even say their problem,” Lavrov said. “The Americans often have trouble observing agreements on calm and professional work.”
In Moscow, Kremlin spokesman Dmitry Peskov made the same point more harshly, saying “the U.S. already has made mistakes, trying to solve such problems via ‘microphone diplomacy.’ They are not solved that way.”
He, too, emphasized that any discussions on a possible trade should be held via the previously established confidential channels that Putin and Biden agree to during last year’s summit.
“Such mechanisms exist, but they will be thrown into doubt if the discussion continues in the public domain,” Peskov said. He said: “If we discuss any nuances related to the issue of exchange via media, no exchange will ever take place.”
People familiar with the U.S. proposal have said it envisions trading Griner and Whelan for a notorious Russian arms trader, Viktor Bout. He is serving a 25-year sentence in the U.S. after being convicted of conspiracy to kill U.S. citizens and providing aid to a terrorist organization.
The call between Blinken and Lavrov marked the highest-level known contact between Washington and Moscow since Russia sent troops into Ukraine more than five months ago, underlining the public pressure that the White House has faced to get Griner released.
Griner was arrested as she was returning to play for a team in Russia, where she has competed since 2014. Blinken said Friday that her conviction and sentence “compounds the injustice that has been done to her.”
“It puts a spotlight on our very significant concern with Russia’s legal system and the Russian government’s use of wrongful detentions to advance its own agenda using individuals as political pawns,” he said.
On Thursday, Biden denounced the Russian judge’s verdict and sentence as “unacceptable” and said he would continue working to bring Griner and Whelan home.
___
David Rising in Phnom Penh, Cambodia contributed to this report.
___
Follow AP’s coverage of the Brittney Griner case at https://apnews.com/hub/brittney-griner | https://cw33.com/sports/ap-sports/kremlin-says-griner-swap-must-be-discussed-without-publicity/ | 2022-08-05T20:28:42Z |
The Company is preparing for the gradual resumption of manufacturing operations at the confectionary production site; the Sabra plant in Virginia has resumed partial production; the coffee and water companies and the business in Israel, excluding the confectionery division, delivered growth in the first half of 2022
PETAH TIKVA, Israel, Aug. 16, 2022 /PRNewswire/ -- This morning, Strauss Group (TASE: STRS) published its financial statements for the first half and second quarter of 2022. In the half-year, the Company delivered an increase of 8%1 in revenue, which amounted to NIS 4.5 billion. In the second quarter, revenue totaled NIS 2.3 billion, reflecting 4.6%1 growth. Growth is largely due to an increase in sales by the coffee company and was offset by a drop in sales by the Confectionery Division and Sabra, both of which operated on a partial scale in the half-year.
Despite the increase in sales, the Company reported a decline in operating profit and in the operating margin in the half and quarter. The effects of the recall in the Confectionery Division and the adjustment plan at Sabra's plant, coupled with the rising costs of raw materials, shipping and energy, globally and in Israel, led to a drop of 59.1% in the Group's operating profit, which amounted to NIS 204 million in the half-year, while income attributable to shareholders fell by 66.2% to NIS 113 million.
Ofra Strauss, Chairperson of the Strauss Group: "I would like to thank Giora for the 5 years in which he served as CEO and led the group with extraordinary responsibility, determination, partnership and collegiality. Giora always knew how to put the people at the center, he was always aware of the day-to-day details whilst keeping a broad perspective and relentlessly striving to lead the group forward.
During his tenure, which was characterized by many challenges, including the corona virus and input inflation, among others, Giora led significant processes that will benefit Strauss for many years to come, among them, the definition of the group's vision, the formulation of a business strategy for the coming years and the derived work plans for implementation.
The same commitment and responsibility for the future, which characterized his leadership along the way, is what led him to the timely decision to pass the baton to the next CEO who will lead Strauss in the years to come.
All of us at Strauss, and I especially, express our great gratitude to him for his tenure of more than 25 years in the group."
The Strauss Group Board of Directors is conducting a search to appoint a new CEO for the group via a dedicated search committee."
Giora Bardea, Strauss Group CEO: "The first six months of 2022 reflect the Group's inherent resilience as a diverse global company and its ability to successfully contend with a challenging macroeconomic environment along with internal challenges. In the past few months, we have simultaneously tackled two complex incidents –the Confectionery recall in Israel and the adjustments at Sabra's plant in the USA – both of which have negatively affected on the Group's results in the current half-year.
"At the same time, the coffee and water companies both delivered excellent performances, impressive sales growth and an increase in profit. We are wrapping up a quarter of strong revenue growth but a drop in our bottom line, mainly because of the effects of elevated raw material and energy prices as well as events in the Confectionery Division and Sabra.
"I know Strauss's resilience and strength and its strong and dedicated employees and managers from up close, and I am confident that we are on the right path."
Strauss Israel wrapped up the first half with NIS 1.75 billion in revenue and a decrease of 7.6%, which is largely the result of a 30.8% drop in sales by the Fun & Indulgence segment, which amounted to NIS 407 million in the six-month period as a result of the confectionery recall.
The Company has performed cleaning operations, has invested in infrastructure to ensure improved quality and food safety standards, and is presently preparing for the gradual resumption of production under strict control. A public announcement will be made accordingly, following receipt of approval from the Ministry of Health.
Sales by the Health & Wellness segment grew by 2.9% in the half-year and amounted to NIS 1.34 billion, mainly thanks to sales growth in the dairy business. Strauss Israel concluded the first six months of the year with an operating loss of NIS 26 million.
Strauss Coffee's performance in the half-year was especially strong. Sales in Israel Coffee grew by 6.1% in the first six months to NIS 395 million thanks to an increase in sales to the retail market and in away-from-home (AFH) sales. The coffee company's sales in Brazil rose by a sharp 62.4%1 in the half-year and amounted to NIS 1.26 billion following growth in quantities sold and price increases. The coffee business in Eastern Europe also delivered a successful half-year, with sales growing at double-digit rates1 despite the ongoing war in Ukraine.
Sabra continues to be affected by the implementation of the adjustment plan at the plant in Virginia. Since the plant was partly shut down in the first half and resumed operations on a partial scale in the second quarter, the company's sales in the half-year dropped by 50.2% and amounted to NIS 151 million (reflecting 50% ownership), with an operating loss of NIS 43 million (for 50%). Sabra's average share of the hummus market in the first half of the year was 33% (Number 1 in the market). Additionally, the ramp-up of operations at the plant continued in August, and the Company estimates that it will return to full-scale production in the second half of 2022.
Obela wrapped up the first six months with NIS 41 million in revenue (reflecting 50% ownership), an increase of 2.5%[2].
Strauss Water maintained its impressive growth in the current half-year. The company's sales in Israel amounted to NIS 382 million - an increase of 7.4% - thanks to growth in the customer base and in sales of new appliances. The business in China, although affected by lockdowns imposed due to COVID-19 outbreaks in the second quarter, also grew, with sales of NIS 351 million – an increase of 6.9%.
[1] Organic growth excluding foreign currency effects.
Data in this document are based on the company's non-GAAP figures, which include the proportionate consolidation of jointly controlled entities and do not include share-based payment, mark-to-market at end-of-period of open positions in the Group in respect of financial derivatives used to hedge commodity prices and all adjustments necessary to delay recognition of gains and losses arising from commodity derivatives until the date when the inventory is sold to outside parties, other net income and expenses, and the tax effect of excluding those items, unless stated otherwise.
[2] Organic growth excluding foreign currency effects.
Following are key financial data in a quarterly and multi-year comparison, according to the Management (Non-GAAP) Reports:
Conference Call
Strauss Group will host a Zoom conference call in Hebrew on Tuesday, August 16, 2022 at 14:00 (Israel time) with the participation of company management to review the financial statements of the company for the second quarter of 2022. Following is information for those wishing to join the conference:
Strauss Group will also host a Zoom conference call in English on Tuesday, August 16, 2022 at 15:30 (Israel time) (13:30 UK, 08:30 EST) with the participation of company management to review the financial statements of the company for the second quarter of 2022.
A recording of the calls will subsequently be available on the company's website at:
http://ir.strauss-group.com/phoenix.zhtml?c=92539&p=irol-conferencecalls
The financial statements of the company for the fourth quarter and full year 2021 and the presentation that will accompany the conferences will be available prior to the conference calls on the following websites:
http://www.tase.co.il
http://www.magna.isa.gov.il
http://ir.strauss-group.com/phoenix.zhtml?c=92539&p=irol-irhome
For further information, please contact:
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SOURCE Strauss Group Ltd. | https://www.mysuncoast.com/prnewswire/2022/08/16/strauss-group-recorded-nis-45-billion-revenues-first-half-2022-8-organic-growth1-decline-59-operating-profit/ | 2022-08-16T05:42:00Z |
SAN FRANCISCO, June 20, 2022 /PRNewswire/ -- Hayden AI, a leading provider of smart traffic enforcement solutions, today announced an agreement with the Auto Action Technologies (AAT) Fleet Support Division, a pioneer of merging IoT technology solutions, to acquihire a team of integration experts by Q3 2022 to boost its engineering capabilities and capacity.
"We are delighted to announce our plans to acquire AAT's Fleet Support team as we aim to strengthen our position as a global leader in smart traffic enforcement technologies," said Hayden AI CEO, Chris Carson. "The team boasts highly skilled professionals with more than 40 years of experience in integrating IoT devices and solutions, and they will be invaluable in accelerating customer success and enhancing the operational performance of our company."
Headquartered in Kenilworth, New Jersey, AAT will play an integral role in designing, engineering, and prototyping Hayden AI's products prior to deployment. The team will commence with the integration of Hayden AI's enforcement solutions for transit bus lanes and school bus stop-arms.
AAT CEO, Jared Cohen added, "We couldn't be more excited about this new partnership. The AAT Fleet Support Team is looking forward to working with Hayden AI to ensure the best possible technology integration and enablement experience as we support both their existing and future product roadmap."
Hayden AI is pioneering smart traffic enforcement with its mobile platform to increase the safety, efficiency, and sustainability of municipal fleet vehicles. Our platform allows government agencies to enforce traffic laws, while harnessing AIoT data to gain actionable insights that help enhance the quality of life of their communities. Developed by a team of experts in machine learning, data science, transportation, and government technology, our flagship product, Automated Bus Lane Enforcement, enforces dedicated bus lanes, delivery zones, and intersections to reduce traffic congestion, improve bus speeds, and increase transit ridership. For more information about Hayden AI visit www.hayden.ai.
Established in 1978, Auto Action Technologies (AAT) Fleet Support Division is a pioneer of merging Internet of Things (IoT) technology solutions for commercial clients in the New York area and beyond. By providing design, engineering, integration, and ongoing system maintenance AAT leverages their vast experience to help create solutions that solve complex technology challenges.
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SOURCE Hayden AI Technologies, Inc. | https://www.kxii.com/prnewswire/2022/06/20/hayden-ai-acquihire-team-integration-experts-auto-action-technologies/ | 2022-06-20T11:57:49Z |
TO PROTECT LIVES IN URBAN ENVIRONMENTS WITH CIVIL RISKS
PORTO, Portugal, July 6, 2022 /PRNewswire/ -- Surforma has launched on the world market CompactShield, a ballistic plate for use in urban environments with civil risks, aimed at more demanding markets for the protection of people, especially in countries in regional blocks such as America, Africa, and the Middle East.
The Efanor group company – which owns the Sonae group – affirms that the new solution is the result of 3 years of research and development in partnership with Beyondcomposite, gaining a great advantage over existing ones, essentially in its applicability as a decorative solution, thereby not needing two components: ballistic protection and surface design, in addition to weight, durability, price.
With level IIIA, III, and IV protection, according to the NIJ standard 0108:01, the new ballistic CompactShield is mainly intended for the sectors of construction (public buildings, police stations, banks, etc.) and transport (armoured vehicles, bus driver barriers, shipping containers, etc.).
"It is a technological revolution where, in addition to protecting human lives, we incorporate the decorative factor in a single solution, allowing its application to have different uses, namely in the transport and construction sectors," says Miguel Nogueira, Surforma CEO.
The company has, this way, started a process of globally repositioning its Laminates and Compacts business, both structurally, with the introduction of new raw materials, and technically, by investing in new ranges with improved performance.
"With our new innovation strategy and product pipeline, sales can grow by 10% in the next 5 years, essentially through exports, and resulting in a forecasted increase of €7M in business by 2025," he states.
ABOUT SURFORMA
Set up in 1959, the company is the origin of the Sonae Group, a Portuguese multinational that is present in 62 countries and which manages a diversified portfolio of businesses in the areas of industry, retail, financial services, technology, shopping centres, and telecommunications. In 2021, the group's turnover exceeded €8 billion.
With over 60 years of innovation and leadership in the sector, and with the aim of creating its own identity and holding a prominent position in the production and distribution of Laminates and Compacts, SURFORMA® was set up in 2018: a global brand focused essentially on the Furniture, Construction, and Decoration industries. The company operates in over 30 countries, in 5 continents.
Contact: Ricardo Rodrigues - r@pressmediaonline.com
Photo - https://mma.prnewswire.com/media/1853380/Surforma_Image.jpg
Logo - https://mma.prnewswire.com/media/1852908/Surforma_Logo.jpg
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SOURCE SURFORMA SA | https://www.kxii.com/prnewswire/2022/07/06/surforma-globally-launches-ballistic-plate/ | 2022-07-06T10:27:10Z |
DAYTONA BEACH, Fla. (AP) — Austin Dillon’s wife was doing a rain dance during a lengthy weather delay in hopes of getting the skies to open up again and wash out the rest of the race.
“I got upset,” Dillon said. “I said, ‘Don’t be doing that.'”
There was no jinxing this one. Dillon avoided a massive wreck in the rain to take the lead before a red flag and returned more than three hours later to finish off an improbable victory at Daytona International Speedway and snag a playoff spot in the Cup Series’ regular-season finale Sunday.
Dillon passed Austin Cindric with three laps to go and was unchallenged down the stretch. It was an aggressive move that capped a drama-filled race and set off a wild celebration for a team that’s usually a factor at Daytona.
“It’s crazy,” said Dillon, whose fourth career Cup victory ended a 78-race winless streak. “You just never give up and have faith. We had some tough finishes this year, like Charlotte. I beat myself up over that. I made a good move and just didn’t finish it off. Today we finished it off.”
Martin Truex Jr. was the biggest loser. Truex looked like he would secure the final postseason berth when rain halted the race with 21 laps remaining, but he faded after the restart and allowed Ryan Blaney to make up ground in a points scramble.
Blaney finished seven spots behind Truex in the race but three points ahead in the standings.
“You just try to stay optimistic,” Blaney said. “Definitely a roller-coaster of emotions that ended on a high note.”
Added Truex: “We gave away plenty of points throughout the season. It is what it is.”
Dillon’s victory in the No. 3 Chevrolet was as stunning as Blaney’s comeback. Running 16th at the time of the crash, he turned onto the apron to avoid the 15-car melee between Turns 1 and 2 that was caused by a summer shower everyone saw coming. Cars started sliding sideways heading into the high-banked turn, a result of slick tires losing grip on wet asphalt.
Daniel Suarez and Denny Hamlin were running 1-2 when the pack drove into the rain with 23 laps remaining.
“Just throw the caution before the rain came,” Hamlin said, adding that “better officiating” is needed. “We had rain down the front, so about 10 seconds before we got into Turn 1, it was raining. I’m sure the fans felt it and then they watched us all pile in there.”
For a second, it looked like 2014 series champion Kevin Harvick was going to make it through the mess and grab the lead as the caution flag flew. But then spinning Ty Dillon — Austin’s little brother — sideswiped Harvick and knocked him into the wreckage.
That allowed Austin Dillon, who started the day 19th in points, to essentially steal a playoff spot. It also created a controversial finish — should NASCAR have halted the race earlier? — and provided the kind of “Game 7” moment NASCAR wanted when it moved the regular-season finale to unpredictable Daytona in 2020.
NASCAR seemed intent on fixing its non-call by waiting for a window of sunshine.
“It’s not something you can predict when it’s going to start raining,” said Scott Miller, NASCAR’s senior vice president of competition. “Just a super bad situation for everybody.”
Inclement weather was a factor all weekend. Thunderstorms delayed the Xfinity Series race Friday night and pushed the Cup race from Saturday to Sunday morning. More rain was in the forecast Sunday, and dark clouds had surrounded the track for at least half an hour before several drivers reported seeing raindrops on the previous lap.
But it wasn’t enough for NASCAR to stop the race — until it was obvious and too late.
Only 18 cars stayed on track once the green flag dropped and only 10 finished on the lead lap. Dillon’s teammate at Richard Childress Racing, Tyler Reddick, finished second, followed by Cindric, Landon Cassill and Noah Gragson.
LARSON LAST
Defending series champion Kyle Larson was the first driver out of the race. Larson drove his car to the garage after 14 laps with a timing belt issue. He finished last in the 37-car field and missed out on extra playoff points.
It was Larson’s third consecutive DNF at Daytona, including wrecks to end his last two starts at the famed track. He is now winless in 16 Cup starts at Daytona.
“I guess there’s one positive: I didn’t get caught up in a crash,” Larson said.
BUSCH’S FUTURE
This may have been Kyle Busch’s final race at Daytona for Joe Gibbs Racing.
Busch doesn’t have a contract for next season after his longtime sponsor decided to pull out of NASCAR at the end of 2022. Joe Gibbs Racing, with help from Toyota, has worked to find a deep-pocketed replacement for M&M’s and Mars Inc., but if nothing comes together in the next few months, Busch will be driving elsewhere next year.
Busch declined to get into contract negotiations Saturday, refusing to say whether he’s turned down a previous offer from JGR.
“This is not the place to start airing any dirty laundry,” Busch said. “Just trust me: In time, things will work out. And what happens, happens.”
The two-time NASCAR champion (2015, 2019) has 60 career Cup victories, most of those coming since he joined JGR in 2008. He wants to stay in the No. 18 Toyota, and the manufacturer wants him back.
“Kyle Busch is our 60-home-run hitter and we’d be foolish not to put everything in play to keep him in the family, and that’s what we continue to do,” said David Wilson, president of Toyota Racing Development. “This is not just an offensive consideration. I don’t want to race against a (ticked) off Kyle Busch. Wherever he lands, he’s going to do some damage.”
UP NEXT
The first round of the playoffs begin at Darlington next Sunday. Joey Logano won the May race at the track, with Ford and Chevy claiming 19 of the top 20 spots.
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/ap-dillon-blaney-nab-last-playoff-spots-at-rain-soaked-daytona/ | 2022-08-29T09:43:36Z |
BOWLING GREEN, Ky, May 26, 2022 /PRNewswire/ -- Connected Nation (CN) was honored this week with four wins in the 43rd annual Telly Awards — two silver and two bronze.
CN received two silver statues for a series of stories produced for its November 2021 livestream event, "A national conversation on the Digital Divide" in the "series: social impact" category, and for the single video from the series, "Access to broadband for America's farmers." The national nonprofit also received a bronze award for the video series in the category "series: social responsibility," and a bronze for the virtual event in its entirety under "general – non-broadcast event."
"It's wonderful to have our hard work acknowledged by this talented group of industry professionals, but these awards are especially meaningful to us because they spotlight our 20th anniversary event — a national summit that highlighted why our mission to expand access to broadband is so critical, " said Jessica Denson, Communications Director, CN. "We moved 'technical mountains' to create a truly national conversation on the Digital Divide. Not only did we have live, expert panel discussions in three U.S. cities, but in the months leading up to the event, we went on the road to talk with those directly impacted by digital inequities and shared those stories during the free, virtual broadcast. The result was a diverse and realistic discussion about connectivity challenges across the country, and the opportunities for real change."
CN worked with Hatfield Media in Louisville, Ky., on the technical production of the live event, and with M-1 Studios in Ferndale, Mich., to produce the video series.
"It's a great bonus when you get to work with an organization that is building the future, and that's what Connected Nation does," said Chuck Rogers, Director of Media Services, Hatfield Media.
In addition, three organizations donated staff time and studio space to help make the broadcast a success — RFD-TV and the American Farm Bureau studios in Washington, D.C.; Fort Bend Independent School District in Sugar Land, Texas; and KGW8-TV in Portland, Ore. — and a wide range of experts provided their time and input for panels across the country.
"These organizations and experts made it possible to examine the issues contributing to the Digital Divide through different lenses," said Denson. "We are grateful to each of our partners for helping us raise awareness about the important work of expanding internet connectivity, and how decisions related to this expansion will impact individuals, families, and communities for years to come."
Established in 1979, the Telly Awards honor the best in video and television work across multiple platforms. It receives more than 12,000 entries annually, and entrants are judged by a council of more than 200 industry experts chosen from advertising agencies, production companies, and major television networks, and includes executives from companies such as Dow Jones, Bloomberg, A&E Networks, and other nationally recognized brands.
Contact: Jessica Denson, Communications Director
Email: jdenson@connectednation.org
Phone: 502-341-2024
Website: connectednation.org
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SOURCE Connected Nation | https://www.mysuncoast.com/prnewswire/2022/05/26/connected-nation-wins-four-telly-awards-national-conversation-digital-divide/ | 2022-05-26T16:28:36Z |
BYU forward Lohner transferring to Baylor in his home state
WACO, Texas (AP) — BYU forward Caleb Lohner is transferring to Baylor, a return to his home state after two seasons with the Cougars.
Baylor coach Scott Drew said Monday that the 6-foot-8, 235-pound forward had signed a financial-aid contract with the Big 12 Conference school. Lohner put his name in the transfer portal last month.
Lohner averaged 7.0 points and 6.7 rebounds in his 62 games (44 starts) with the Cougars. He shot 43.9% (167 of 380) from the field.
“We’ve known Caleb and his family since he was a sophomore in high school,” Drew said. “We have always known he would be a great fit in our program because of the type of teammate and player he is. He’s an outstanding student-athlete that our fans are really going to enjoy cheering for.”
Lohner played at Flower Mound High School in the Dallas area as a freshman and sophomore before going to Wasatch Academy in Utah from 2018-20.
BYU is moving to the Big 12 after next season.
___
More AP college basketball: https://apnews.com/hub/college-basketball and https://apnews.com/hub/ap-top-25-college-basketball-poll and https://twitter.com/AP_Top25 | https://localnews8.com/news/ap-utah/2022/05/02/byu-forward-lohner-transferring-to-baylor-in-his-home-state/ | 2022-05-02T23:19:41Z |
Published in JAMDA, research is the first-ever study to evaluate a tunable solid-state (LED) lighting system as an intervention to reduce falls
COTTAGE GROVE, Wis., Aug. 11, 2022 /PRNewswire/ -- A first-of-its-kind, two-year study conducted by investigators at Brigham and Women's Hospital and the Midwest Lighting Institute (MLI), showed a significant 43 percent reduction in the rate of falls in residents at long-term care facilities that utilized a tunable LED lighting system compared to control facilities that maintained standard lighting. The lighting was operated on a schedule developed by Midwest Light Institute that implements specific spectrum and intensity levels timed to regularize sleep-wake cycles and boost the daytime alerting effects of light. The results were published in the Journal of the American Medical Directors Association (JAMDA).
"Falls among care home residents have major health and economic implications, and this study is the first of its kind to translate the known beneficial effects of tunable lighting on neurocognitive responses into a real-world setting and examine if changes in lighting spectrum and intensity throughout the day can reduce the risk of falls in the elderly," said Shadab Rahman, Ph.D. MPH, Investigator in the Division of Sleep and Circadian Disorders at Brigham and Women's Hospital and Assistant Professor of Medicine at Harvard Medical School. "We found that upgrading ambient lighting is a safe, effective, low-cost, low-burden preventative strategy to reduce fall risk in long-term care settings, one that has tremendous potential to save lives and improve patients' health and well-being."
Falls are the leading cause of injury-related death in U.S. adults aged 65 and olderi , and the economic impact of falls is immense, with fatal falls estimated to cost $754 million, and non-fatal falls $50 billion annuallyii. Research has shown that blue-enriched, higher intensity light exposure during the day can improve alertness, cognition, and subsequent nighttime sleep, while blue-depleted lower intensity light exposure at night can help facilitate sleep. Implementing new lighting systems to determine if these improvements could impact patient outcomes had not previously been evaluated in a head-to-head study.
"Fall prevention is a major public health priority given our aging population, and we know that the right lighting at the right time of day can improve alertness, cognition, and sleep, leading to fewer falls," said Rodney Heller, President of MLI and partner at Energy Performance Lighting. "We believe that utilizing modern lighting technology to regularize circadian rhythm could have an enormous impact on a range of health-related outcomes, and we plan to continue our research across other healthcare settings and into specific therapeutic areas."
The study, initiated by MLI and supported by the State of Wisconsin Department of Health Services, was designed to assess the impact of a tunable lighting schedule on the rate of falls in long-term care home residents. The observational study examined two pairs of care homes (four sites total) with 758 residents. One site from each pair was selected for a solid-state tunable lighting system upgrade throughout the facility, while the other site served as a control. Energy Performance Lighting completed the installation at each of the experimental study sites.
At the experimental sites, the intensity and spectrum were changed throughout the day to increase exposure to short-wavelength (blue light) during the day (6 a.m. to 6 p.m.) and decrease it overnight (6 p.m. to 6 a.m.). Intensity and spectrum did not change throughout the day at the control sites with standard lighting. The number of falls was aggregated from medical records covering approximately 126,000 resident days to compare the rate of falls per 1,000 resident days between the experimental and control conditions.
Results indicated a similar rate of falls between experimental and control sites before the lighting upgrade (6.94 vs. 6.62 per 1,000 resident days; p=0.82), whereas following the upgrade, the rate of falls was significantly reduced by 43 percent at the experimental sites compared to the control sites (4.82 vs. 8.44 per 1,000 resident days; p=0.004).
Midwest Lighting Institute's lighting system and its application is patented (US 11,109,467) by the United States Patent and Trademark office.
Midwest Lighting Institute (MLI) is a 501(c)(3) non-profit organization dedicated to transferring laboratory research on light and human physiological response into real-world environments with the goal of speeding up the adoption of lighting methods that deliver healthier environments and lower operating costs. Through investments in research, studies, and patents, MLI believes that proper lighting can improve human health, productivity, and safety while creating an immediate positive impact on the adopting company's bottom line. MLI's mission is to take existing scientific findings about light and well-being and put those into practice in real buildings to benefit people's lives.
i. Burns E, Kakara R. Deaths from falls among persons aged ≥65 years - United States, 2007- 2016. Morb Mortal Wkly Rep. 2018;67(18):509-514. Florence CS, Bergen G, Atherly A, Burns E, Stevens J, Drake C. Medical costs of fatal and nonfatal falls in older adults. J Am Geriatr Soc. 2018;66(4):693-698.
ii. Florence CS, Bergen G, Atherly A, Burns E, Stevens J, Drake C. Medical costs of fatal and 269 nonfatal falls in older adults. J Am Geriatr Soc. 2018;66(4):693-698.
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SOURCE Midwest Lighting Institute | https://www.mysuncoast.com/prnewswire/2022/08/11/new-study-shows-innovative-led-lighting-system-cuts-risk-seniors-falling-long-term-care-facilities-by-43-percent/ | 2022-08-11T12:55:07Z |
Company President Takes Helm of Leading Electric Aircraft Manufacturer
ARLINGTON, Wash., Sept. 16, 2022 /PRNewswire/ -- Eviation, a global manufacturer of all-electric commuter aircraft, today announced the appointment of Gregory Davis as Chief Executive Officer. Davis will remain President of Eviation as he takes on the additional role of CEO. A licensed commercial pilot and accomplished engineer, Davis brings over 15 years of experience in progressive leadership roles within the aerospace industry. Davis has served as President of Eviation since May 2021, and was appointed interim-CEO in February 2022.
"Gregory has a profound understanding of aerospace engineering and a true passion for aviation that will propel Eviation forward as we continue to pioneer electric flight," said Allen Page, Chairman at Eviation. "Gregory has been deeply involved in all aspects of the company's business strategy and day-to-day operations over the last year. Under his leadership, the team has made incredible strides in preparing the Alice, our all-electric commuter aircraft, for its imminent first flight, as well as toward our objectives of FAA certification and commercialization."
Prior to his role at Eviation, Davis served as Vice President of Customer Service and Product Support for Viking Air Limited, a global leader in utility aircraft services and manufacturer of Series 400 and Guardian 400 Twin Otter aircraft. Before this, he served in an engineering role at Marshall Aerospace and Defence Group, one of the largest privately owned and independent aerospace and defense companies. Under Davis' leadership and expertise, Eviation is building a new category of sustainable aircraft that challenges the limits of air travel and creates new market opportunities.
"I am extremely proud to take on the role of CEO at Eviation as we work to shape the future of flight, and create a new era of transportation that is both environmentally and economically sustainable," said Eviation President and CEO Gregory Davis. "Eviation's groundbreaking work in the aviation industry has positioned the company as a market leader, and I am inspired to be at the forefront of innovation with the potential for such positive impact."
Gregory holds a Bachelor's degree and Master's degree in Aerospace Engineering from Carleton University, and an MBA from the University of Calgary.
Based in Washington State, Eviation Aircraft Inc. develops and manufactures efficient electric aircraft to deliver a competitive and sustainable solution for the regional mobility of people and goods. Its electric propulsion units, high-energy-density batteries, mission-driven energy management, and innovative airframe are designed from the ground up for electric flight. Please visit us at www.eviation.co.
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SOURCE Eviation | https://www.kxii.com/prnewswire/2022/09/16/eviation-names-gregory-davis-ceo/ | 2022-09-16T15:17:47Z |
Three poster presentations continue to highlight the safety and efficacy of IBSRELA based on data from two Phase 3 trials in adults with irritable bowel syndrome with constipation (IBS-C)
WALTHAM, Mass., May 24, 2022 /PRNewswire/ -- Ardelyx, Inc. (Nasdaq: ARDX), a biopharmaceutical company founded with a mission to discover, develop and commercialize innovative first-in-class medicines that meet significant unmet medical needs, today announced that new analyses from IBSRELA Phase 3 trials, T3MPO-1 and T3MPO-2, were presented in three poster presentations at the 2022 Digestive Disease Week Conference (DDW 2022) that is now underway in San Diego, California and virtually.
IBSRELA, discovered, developed and recently launched by Ardelyx, is a first-in-class treatment with a novel mechanism and triple action that is approved by the U.S. Food and Drug Administration (FDA) to treat irritable bowel syndrome with constipation (IBS-C) in adults.
"IBSRELA represents a much-needed novel mechanism approach to treating the many patients who suffer with IBS-C," said Brian E. Lacy, M.D., Ph.D., Professor of Medicine, Mayo Clinic. "I am enthusiastic about having a new therapeutic option, and believe that IBSRELA will make a real difference for many patients."
Ardelyx Poster Presentations:
- Poster #Mo1396, entitled "Long Term Treatment with Tenapanor Improves Abdominal Pain and Other Abdominal Symptoms Associated with IBS-C," summarizes data from a Phase 3 study named T3MPO-2. In this 26-week study, treatment with IBSRELA ameliorated a variety of abdominal symptoms associated with IBS-C, with improvements in abdominal pain, bloating, discomfort, cramping, and fullness observed as early as week 1 and sustained for the entire 26 weeks.
- Poster #Mo1394, entitled "Effect of Tenapanor on Treatment Satisfaction, Degree of Relief, and Quality of Life for Patients with Irritable Bowel Syndrome with Constipation," reviews data from a treatment satisfaction questionnaire completed monthly by patients in the Phase 3 trials, T3MPO-1 and T3MPO-2, where a significantly higher proportion of IBSRELA-treated patients reported adequate relief of IBS-C symptoms versus placebo each week. Treatment with IBSRELA led to greater relief of symptoms, greater treatment satisfaction, and improved quality of life compared with placebo in patients with IBS-C.
- Poster #Tu1375, entitled "Tenapanor has Early Onset of Action in Treating Symptoms of Irritable Bowel Syndrome with Constipation (T3MPO-1 and T3MPO-2 Trials)," presents analyses that evaluated the onset of action for IBSRELA within the first week of treatment in the T3MPO-1 and T3MPO-2 studies. These data demonstrated that IBSRELA provided statistically significant and clinically meaningful improvements in gastrointestinal and pain symptoms compared with placebo in as early as the first week of treatment.
All poster presentations are now publicly available and can be accessed on demand HERE.
IMPORTANT SAFETY INFORMATION
CONTRAINDICATIONS
- IBSRELA is contraindicated in patients less than 6 years of age due to the risk of serious dehydration.
- IBSRELA is contraindicated in patients with known or suspected mechanical gastrointestinal obstruction.
WARNINGS AND PRECAUTIONS
Risk of Serious Dehydration in Pediatric Patients
- IBSRELA is contraindicated in patients below 6 years of age. The safety and effectiveness of IBSRELA in patients less than 18 years of age have not been established. In young juvenile rats (less than 1 week old; approximate human age equivalent of less than 2 years of age), decreased body weight and deaths occurred, presumed to be due to dehydration, following oral administration of tenapanor. There are no data available in older juvenile rats (human age equivalent 2 years to less than 12 years).
- Avoid the use of IBSRELA in patients 6 years to less than 12 years of age. Although there are no data in older juvenile rats, given the deaths in younger rats and the lack of clinical safety and efficacy data in pediatric patients, avoid the use of IBSRELA in patients 6 years to less than 12 years of age.
Diarrhea
Diarrhea was the most common adverse reaction in two randomized, double-blind, placebo-controlled trials of IBS-C. Severe diarrhea was reported in 2.5% of IBSRELA-treated patients. If severe diarrhea occurs, suspend dosing and rehydrate patient.
MOST COMMON ADVERSE REACTIONS
The most common adverse reactions in IBSRELA-treated patients (incidence ≥2% and greater than placebo) were: diarrhea (16% vs 4% placebo), abdominal distension (3% vs <1%), flatulence (3% vs 1%) and dizziness (2% vs <1%).
INDICATION
IBSRELA (tenapanor) is indicated for the treatment of Irritable Bowel Syndrome with Constipation (IBS-C) in adults.
Please see full Prescribing Information, including Boxed Warning, for additional risk information.
About Irritable Bowel Syndrome with Constipation (IBS-C)
Irritable bowel syndrome with constipation (IBS-C) is a gastrointestinal disorder characterized by both abdominal pain and altered bowel movements, estimated to affect 11 million people in the US. IBS-C is associated with significantly impaired quality of life, reduced productivity, and substantial economic burden.
About IBSRELA for IBS-C
IBSRELA (tenapanor) is a locally acting inhibitor of the sodium/hydrogen exchanger 3 (NHE3), an antiporter expressed on the apical surface of the small intestine and colon primarily responsible for the absorption of dietary sodium. By inhibiting NHE3 on the apical surface of the enterocytes, tenapanor reduces absorption of sodium from the small intestine and colon, thus retaining luminal water content, which accelerates intestinal transit time and results in a softer stool consistency. IBSRELA has also been shown to reduce abdominal pain by decreasing visceral hypersensitivity and by decreasing intestinal permeability in animal models. In a rat model of colonic hypersensitivity, tenapanor reduced visceral hyperalgesia and normalized colonic sensory neuronal excitability.
About Ardelyx, Inc.
Ardelyx was founded with a mission to discover, develop and commercialize innovative first-in-class medicines that meet significant unmet medical needs. Ardelyx's first approved product, IBSRELA® (tenapanor) is available in the United States. Ardelyx is developing XPHOZAH® (tenapanor), a novel product candidate to control serum phosphorus in adult patients with CKD on dialysis, which has completed three successful Phase 3 trials. Ardelyx has a Phase 2 potassium secretagogue program, RDX013, for the potential treatment of elevated serum potassium, or hyperkalemia, a problem among certain patients with kidney and/or heart disease and an early-stage program in metabolic acidosis, a serious electrolyte disorder in patients with CKD. Ardelyx has established agreements with Kyowa Kirin in Japan, Fosun Pharma in China and Knight Therapeutics in Canada for the development and commercialization of tenapanor in their respective territories.
Ardelyx Forward Looking Statements
To the extent that statements contained in this press release are not descriptions of historical facts regarding Ardelyx, they are forward-looking statements reflecting the current beliefs and expectations of management made pursuant to the safe harbor of the Private Securities Reform Act of 1995, including the potential for IBSRELA to make a real difference in the lives of patients with IBS-C. Such forward-looking statements involve substantial risks and uncertainties that could cause Ardelyx's future results, performance or achievements to differ significantly from those expressed or implied by the forward-looking statements. Such risks and uncertainties include, among others, the uncertainties in the drug commercialization process. Ardelyx undertakes no obligation to update or revise any forward-looking statements. For a further description of the risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to Ardelyx's business in general, please refer to Ardelyx's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission on May 5, 2022, and its future current and periodic reports to be filed with the Securities and Exchange Commission.
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SOURCE Ardelyx | https://www.mysuncoast.com/prnewswire/2022/05/24/ardelyx-presents-data-ddw-2022-ibsrela-tenapanor-first-in-class-treatment-ibs-c-adults/ | 2022-05-24T21:51:39Z |
BEIJING, June 22, 2022 /PRNewswire/ -- Hello Group Inc. (NASDAQ: MOMO) ("Hello Group" or the "Company"), a leading mobile social and entertainment platform in China, today announced that it has conducted separate, privately negotiated transactions with certain holders of its existing 1.25% convertible senior notes due 2025 (the "2025 Notes") to repurchase US$161.8 million aggregate principal amount of the 2025 Notes for an aggregate repurchase price of (i) approximately US$151.6 million plus (ii) accrued and unpaid interest. Following these repurchases, US$544.0 million aggregate principal amount of the Company's 2025 Notes remains outstanding.
This press release does not constitute an offer to sell or a solicitation of an offer to buy these securities, nor shall there be any offer or sale of these securities in any state or jurisdiction in which the offer, solicitation, or sale would be unlawful prior to the registration or qualification thereof under the securities laws of any such state or jurisdiction,
About Hello Group Inc.
We are a leading player in China's online social and entertainment space. Through Momo, Tantan and other properties within our product portfolio, we enable users to discover new relationships, expand their social connections and build meaningful interactions. Momo is a mobile application that connects people and facilitates social interactions based on location, interests and a variety of online recreational activities. Tantan, which was added into our family of applications through acquisition in May 2018, is a leading social and dating application. It is designed to help its users find and establish romantic connections as well as meet interesting people. We also operate a number of other applications to serve different social and entertainment demands from our users.
For investor and media inquiries, please contact:
Hello Group Inc.
Investor Relations
Phone: +86-10-5731-0538
Email: ir@hellogroup.com
Christensen
In China
Mr. Eric Yuan
Phone: +86-10-5900-1548
E-mail: Eyuan@christensenir.com
In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: lbergkamp@christensenir.com
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SOURCE Hello Group Inc. | https://www.mysuncoast.com/prnewswire/2022/06/23/hello-group-inc-announces-repurchase-convertible-notes/ | 2022-06-23T02:08:54Z |
DC attorney general sues Mark Zuckerberg over his handling of the Cambridge Analytica incident
By Brian Fung, CNN Business
Washington, DC, Attorney General Karl Racine sued Mark Zuckerberg on Monday, accusing the Facebook co-founder of misleading the public on the company’s handling of privacy and personal data in connection with the Cambridge Analytica scandal.
The suit, filed in DC superior court, represents Racine’s latest attempt to hold Zuckerberg personally liable after a judge rejected an attempt last year to name Zuckerberg as a defendant in an ongoing suit against Facebook over the same issue.
Racine’s office has been locked in a legal battle with Facebook for years over allegations the company failed to monitor third-party apps’ use of user data and failed to disclose the leak of data to Cambridge Analytica, the analysis firm used by Donald Trump’s 2016 presidential campaign, on a timely basis. In 2018, Facebook said Cambridge Analytica may have had data from as many as 87 million of its users.
What made Monday’s suit against Zuckerberg possible now, according to Racine’s office, was a trove of evidence unearthed during the litigation process in the ongoing case involving Facebook.
“The evidence shows Mr. Zuckerberg was personally involved in Facebook’s failure to protect the privacy and data of its users leading directly to the Cambridge Analytica incident,” Racine said in a statement Monday. “This unprecedented security breach exposed tens of millions of Americans’ personal information, and Mr. Zuckerberg’s policies enabled a multi-year effort to mislead users about the extent of Facebook’s wrongful conduct. This lawsuit is not only warranted, but necessary, and sends a message that corporate leaders, including CEOs, will be held accountable for their actions.”
Meta (FB), Facebook’s parent company, didn’t immediately respond to a request for comment.
In a tweet, Meta spokesman Andy Stone said it is “an important time” to revisit Racine’s earlier failure to add Zuckerberg to the existing Facebook suit. Monday’s complaint was first reported by The Washington Post.
The complaint seeks to highlight Zuckerberg’s personal involvement in decisions surrounding Facebook’s data practices. It alleges, among other things, that Zuckerberg “provided direct input on Facebook’s internal policies relating to data sharing on the Platform, and was so involved that he personally reviewed certain applications’ use of data.”
The complaint continued: “As CEO, Zuckerberg had the authority to control and direct — and had knowledge of — Facebook’s deceptive trade practices and misrepresentations to District consumers.”
As a result, the complaint said, Zuckerberg should be held responsible under DC’s consumer protection law and ought to pay damages and restitution, along with being barred from violating the district’s consumer protection law again.
Racine had indicated in early April that his office was considering bringing a separate complaint against Zuckerberg, following repeated clashes with Facebook over document production.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-social-media-technology/2022/05/23/dc-attorney-general-sues-mark-zuckerberg-over-his-handling-of-the-cambridge-analytica-incident/ | 2022-05-23T18:23:43Z |
Police arrest man accused of striking woman, dragging body 8 miles
FRESNO, Calif. (AP) - A man suspected in a fatal hit-in-run in central California in which the victim’s body was dragged more than 8 miles is in critical condition after jumping from a three-story house while deputies tried to arrest him.
Fresno Police Lt. Brian Valles told the Fresno Bee that 38-year-old Shawn Ginder was arrested by the Madera County Sheriff’s Office late Friday. Valles said Ginder jumped out of the three-story house in Bass Lake, a town about 50 miles northeast of Fresno, the site of Friday’s hit-and-run.
Ginder is accused of being the driver of a pickup truck that struck a woman walking her dog and kept going, dragging her more than 8 miles to the parking lot of a hotel, where she was found dead.
Fresno Police Lt. Bill Dooley says the 29-year-old woman was pushing a shopping cart and had her dog on a leash when she was hit by a gray or silver pickup truck.
He says the man kept driving with the body of the woman trapped under his truck and stopped at a hotel, where a hotel guest called police after seeing the woman’s remains dislodge from under the truck.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/15/police-arrest-man-accused-striking-woman-dragging-body-8-miles/ | 2022-05-15T04:09:34Z |
NEW YORK, Aug. 9, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for U, OXY, MSFT, BABA, and AMD.
Click a link below then choose between in-depth options trade idea report or a stock score report.
Options Report – Ideal trade ideas on up to seven different options trading strategies. The report shows all vital aspects of each option trade idea for each stock.
Stock Report - Measures a stock's suitability for investment with a proprietary scoring system combining short and long-term technical factors with Wall Street's opinion including a 12-month price forecast.
- U: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=U&prnumber=080920223
- OXY: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=OXY&prnumber=080920223
- MSFT: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=MSFT&prnumber=080920223
- BABA: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=BABA&prnumber=080920223
- AMD: https://www.investorsobserver.com/lp/pr-options-lp-2/?symbol=AMD&prnumber=080920223
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.wibw.com/prnewswire/2022/08/09/thinking-about-trading-options-or-stock-unity-software-occidental-petroleum-microsoft-alibaba-or-advanced-micro-devices/ | 2022-08-09T14:28:21Z |
NEW YORK, July 15, 2022 /PRNewswire/ -- The Board of Directors of Nielsen Holdings plc (NYSE: NLSN) declared a quarterly cash dividend of $0.06 per share of Nielsen's common stock.
The dividend is payable on September 2, 2022 to shareholders of record at the close of business on August 18, 2022.
Nielsen shapes the world's media and content as a global leader in audience measurement, data and analytics. Through our understanding of people and their behaviors across all channels and platforms, we empower our clients with independent and actionable intelligence so they can connect and engage with their audiences—now and into the future.
An S&P 500 company, Nielsen (NYSE: NLSN) operates around the world in more than 55 countries. Learn more at www.nielsen.com or www.nielsen.com/investors and connect with us on social media.
Investor Relations: Sara Gubins, sara.gubins@nielsen.com
Media Relations: Connie Kim, connie.kim@nielsen.com
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SOURCE Nielsen Holdings plc | https://www.wibw.com/prnewswire/2022/07/15/nielsen-declares-quarterly-dividend/ | 2022-07-15T11:58:22Z |
NEW YORK, June 23, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Apyx Medical Corporation ("Apyx" or the "Company") (NASDAQ: APYX) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Apyx investors who were adversely affected by alleged securities fraud between May 12, 2021 and March 11, 2022. Follow the link below to get more information and be contacted by a member of our team:
APYX investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) a significant number of Apyx's Advanced Energy products were used for off-label indications; (2) such off-label uses led to an increase in the number of medical device reports filed by Apyx reporting serious adverse events; (3) as a result, the Company was reasonably likely to incur regulatory scrutiny; (4) as a result of the foregoing, the Company's financial results would be adversely impacted; 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.
WHAT'S NEXT? If you suffered a loss in Apyx during the relevant time frame, you have until August 5, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/06/23/apyx-lawsuit-alert-levi-amp-korsinsky-notifies-apyx-medical-corporation-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-23T11:23:56Z |
SAN JOSE, Calif., June 7, 2022 /PRNewswire/ -- Quark.ai, the market leading Autonomous Support Platform for B2B e-Commerce and Customer/Field Support, today announced that it has earned the prestigious ISO/IEC 27001:2013 Certificate. The certification demonstrates that Quark.ai meets the most stringent international standards of information security management and security compliance.
The ISO (International Organization for Standardization) and IEC (International Electrotechnical Commission) 27001 certificate is the most widely recognized information security standard defined by the International Organization for Standardization (ISO). It effectively demonstrates that Quark.ai has invested in the tools and systems critical to the protection of the organization's data, whether internal or belonging to third parties.
Quark.ai uses Drata's automated platform to continuously monitor its internal security controls. Drata is the world's most advanced security and compliance automation platform, with a mission to help businesses earn and keep the trust of their users, customers, partners, and prospects.
"The ISO/IEC Certificate is a pillar of customer trust," said Quark.ai Co-Founder and CEO Prosenjit Sen. "This certification demonstrates that Quark.ai's Information Management System meets the highest possible standards."
"Quark.ai's SaaS-based autonomous support platform utilizes AI based concepts and analytics capabilities to resolve complex technical support cases while drastically reducing the time and effort spent on delivering accurate resolutions," the certificate states. "The systems in scope of the ISO/IEC 27001:2013 certification are the underlying infrastructure and processes supporting the platform."
The Quark.ai platform is designed to ensure that B2B eCommerce customers have quick and easy access to needed and accurate product information. Whether serving a customer service agent or via its self-service intelligent and conversational Autonomous Support chatbot, Quark.ai Autonomous B2B eCommerce Support provides instant access to the right answers by automatically and accurately interpreting customer inquiries. Quark.ai improves informational integrity by ingesting and analyzing an enterprise's existing product information from across its entire organization.
Quark.ai is the technology leader in Autonomous Customer Support and Autonomous B2B eCommerce Support. Quark.ai's multi-channel platform combines Deep Learning, Natural Language Processing and Computer Vision to interpret complex customer cases and automatically provide resolutions at scale with unsurpassed accuracy and speed. The result is unrivaled efficiency and scalability in Customer Support, with lower escalations, higher Customer Satisfaction and significant cost savings. More information may be found at https://quark.ai.
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SOURCE Quark.ai | https://www.kxii.com/prnewswire/2022/06/07/quarkai-earns-prestigious-isoiec-270012013-certification/ | 2022-06-07T14:51:00Z |
PITTSBURGH, April 4, 2022 /PRNewswire/ -- "I wanted to create a safe and sanitary way to get ice from the ice machine when staying at a hotel," said an inventor, from Clemmons, N.C., "so I invented the KEEP KOLD. My design could provide added protection and peace of mind for hotel guests or at social events/bars during the current pandemic."
The patent-pending invention allows a volume of ice to be safely used within an ice bucket. In doing so, it offers an improved alternative to traditional plastic ice bags and liners. As a result, it helps to prevent contamination from potential viruses, germs and bacteria and it ensures that the liner retains its shape. The invention features a practical design that is easy to use so it is ideal for travelers, hotels, etc. Additionally, a prototype model is available upon request.
The original design was submitted to the Charlotte sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-CNC-756 , InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/04/04/inventhelp-inventor-develops-sanitary-ice-bucket-accessory-cnc-756/ | 2022-04-04T15:32:12Z |
Three arrested in connection to a 2017 quadruple murder in Washington state
KITSAP COUNTY, Wash. (KING) - After five years, a family in Washington state finally has some answers after three people were arrested in connection to a quadruple murder in 2017.
“It’s been rough, it’s been extremely rough. It’s been tough,” family member Terry Schapp said.
In January 2017, Christale Careaga, Jonathon Higgins and Hunter Schapp were all killed and their bodies were found inside their burned-out home. Two days later, Christale Careaga’s husband, John Careaga was found shot to death inside his burned Ford F-150 truck.
Lt. Ken Dickinson of the Kitsap County Sheriff’s Office says investigators have been working to find the perpetrators ever since.
“Our detectives have never given up. If our community suffers a loss like this one, we’re gonna run down every lead, go to every end that we can possibly go to, to hold people that need to be held accountable, accountable,” Dickinson said.
That work finally led to three arrests this week.
Two of the men were arrested in Bremerton, Washington. The third was arrested in Gig Harbor, Washington.
Each suspect was booked for 16 different charges each. Their bail was set at $20 million.
“In my 28 years, I’ve never seen an arrest that had that many criminal charges, to be booked into jail. I’ve never seen one where the judge set bail at $20 million, so this is new territory for us. This is unprecedented,” Dickinson said.
The Careaga family continues to mourn, but they hope for a silver lining that the ones responsible may still face justice.
“I know it’s far from over, but I’m happy that today’s here,” Schapp said.
The suspects are expected to be arraigned Tuesday.
Copyright 2022 KING via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/06/07/three-arrested-connection-2017-quadruple-murder-washington-state/ | 2022-06-07T13:12:39Z |
Temple approved more than $2 million for water infrastructure as the city prepares for growth to the south and southeast.
On Thursday night, the City Council unanimously approved the design of five items for various water-related projects. Most of the infrastructure approved is a part of the South Temple Transmission Main project, which will expand coverage throughout the southern sector.
Don Bond, director of public works, said this new infrastructure is needed to meet growing demands for water in the city.
“Temple is enjoying a healthy economy and sustained growth,” Bond said. “Our demand for water continues to increase. This infrastructure will deliver water to south and east Temple. We have been looking forward to designing these projects and are eager to get started.”
Officials said the design of the South Temple Transmission Main project would be done by KPA Engineers, which has a Temple office.
The first item approved was the design of a new pump station and a 2 million gallon potable ground storage tank for the transmission main project.
The new pump station and ground storage tank are expected to be located along the Georgetown Railroad, close to 5233 S. 31st St. This part of the project has a budget of $380,100 and is expected to help support development of southeast Temple.
Design of the station and storage tank is expected to take up to 300 days, with the construction estimated to cost about $6.3 million.
To connect the pump station to the city’s existing water lines, the City Council also approved $713,700 for the connection’s design.
This section of the project will include 28,000 linear feet with more than 5.3 miles of 36-inch transmission lines. The design is estimated to take 240 days, with a construction cost of $9.3 million.
Council members also approved a 40,100-linear-foot, 7.5-mile transmission line from the new pump station to Lorraine Drive in southeast Temple.
Officials said the new transmission line will include 30-inch, 24-inch and 12-inch pipes.
This section of the project has a timeline of 270 days, with construction estimated at $10.3 million.
A smaller extension of the transmission line, from Martin Luther King Jr. Drive to Lorraine Drive, was also approved for $151,000.
The 8,800-linear-foot project is expected to take 180 to design and cost $1.7 million to construct.
In addition to items for the new transmission line, the Council also approved more than $114,000 for hardware and software upgrades to the city’s water treatment plant. | https://www.tdtnews.com/news/central_texas_news/article_c99c9812-00cd-11ed-8fe2-d7090ea0fad3.html | 2022-07-11T06:35:47Z |
Which vintage Care Bear gifts are best?
Originally appearing on illustrated American Greetings cards, the Care Bears have become ubiquitous in ‘80s pop culture, thanks to the beloved characters being featured in movies, television series, video games and retail ads. Even now, the iconic brand has a whole new generation of kids and adults enthralled with the introduction of new character styles, colors and features.
With the Care Bear family always expanding, it can be hard to choose exactly which one to bring home, be it a collectible or newer item. Whether you’ve been a fan since childhood or would like to gift one to someone else, you can now take the magic of Care-a-Lot home with you and learn more about the best online vintage Care Bear gifts available.
Things to consider before buying a Care Bear gift
Characters
Since their first appearance, Care Bears have had unique personalities, symbols, colors and abilities that set them apart from each other. Originally, there were nine members named Love-a-lot Bear, Wish Bear, Bedtime Bear, Birthday Bear, Cheer Bear, Good Luck Bear, Friend Bear, Funshine Bear and Tenderheart Bear, until Grumpy Bear was added. In subsequent years, the Care Bear Cousins were introduced and consisted of 11 different animals rather than bears.
Stuffed animals
Care Bear plushies are the most common item available on the internet. Each one is soft, fluffy and pretty lightweight, which makes them the perfect addition to playtime or bedtime. Designed with comfort in mind, kids can cuddle with each Care Bear or preserve their favorite one as a collector’s item. Plush designs either feature the new stylized look from the reboot or the vintage character designs from the greeting cards.
Puzzles
Themed puzzle sets are the ultimate gift, since they’re great for piecing together with the family during game night or giving away as a present at birthdays, holiday parties and other special occasions. Many of the sets available feature the original Care Bear lineup riding rainbows or playing among the clouds in Care-a-Lot, while others feature a unique character with their signature Care Bear Stare or Care Bear Cousin Call.
Puzzle designs commonly range from 60-1,000 jigsaw pieces in total and measure around 8 by 10 inches once you complete them. Generally, they’re made of glare-free paper and using precision cutting techniques to ensure each piece fits together perfectly. Several vintage sets are considered collector’s items and can be added to your Care Bear memorabilia collection.
Activity books
Different activity and coloring books showcase the Care Bears in scenes from the movies and television series that you can color on bleed-proof paper. However, the most popular type of activity book you can find nowadays includes stickers that you can place on each page when you participate in the different games and activities within the book.
Reading books
Several reading books star fan favorites such as Good Luck Bear, Funshine Bear, Cheer Bear, Grumpy Bear and Share Bear saving the day or helping children learn important life lessons about friendship, love and sharing. Older vintage editions feature signature characters in lullabies and bedtime stories which also include cassette tapes you can play when you read along, although a complete set is hard to come by.
Play sets
Unfortunately, modern day versions of Care-a-Lot play sets aren’t available to purchase since their popularity has waned over the years. However, a vintage play set is a great gift to give to a Care Bear collector of any age and makes a fantastic collector’s item due to their rarity. Some include different dials, knobs and mini figurines you can play with, while others function in a similar capacity to electronic learning kits like Leapfrog.
Board games
Many themed board games follow the titular characters on a simple task or adventure you have to complete by participating with other players in a similar fashion to Candy Land or Monopoly. Although less competitive than other board games, players still use play pieces, stands and dice to reach the end of the board while learning different values and lessons along the way.
Top vintage Care Bear gifts
Best blanket gift
Piper and Abbey Poppin Vintage Care Bears Quilt
This vintage handmade blanket has stood the test of time and showcases Bedtime Bear, Share Bear, Tenderheart Bear, Wish Bear and Love-a-lot Bear all playing with each other in Care-a-Lot. Featuring a scene near Rainbow Trail, fans are bound to find several little Easter eggs from the series hidden throughout the quilt, which is approximately 40 by 33 inches in size. Items are delivered from a clean and smoke-free home.
Sold by Etsy
Best card game gift
Kaleidoscope Kid Co Rainbow Rummy & Cloud Catcher Games
Each game pack comes in its own sealed, unopened carrying case. In the Cloud Catcher game with Funshine Bear on the front, players use a spinner in an attempt to collect all five Care Bear character tiles before placing them on their own “Cloud Card.” The first player to collect all five Care Bears wins. In Rainbow Rummy, players play a card game similar to Go Fish that involves taking cards from other players and drawing from a card deck.
Sold by Etsy
Best spinner board game gift
Vntg By Monica On the Path to Care-a-Lot Board Game
Each player starts with their own unique combination of star chips that feature different pictures of each bear’s belly symbol. During each turn, players spin the spinner to determine which chip and symbol they should move to on their row of stars. When you complete each row, you then move up the star path toward Care-a-Lot, but only one space at a time during each person’s spin. The first player to reach Tender Heart Bear in Care-a-Lot wins.
Sold by Etsy
Best beginner level puzzle gift
Kaleidoscope Kid Co Vintage 60-Piece Care Bears Puzzle
Let the fun shine when you piece together this beginner-friendly 60-piece jigsaw puzzle featuring fan favorites from the series spreading love throughout colorful Care-a-Lot. Once completed, this puzzle is definitely the perfect addition to your Care Bear memorabilia collection.
Sold by Etsy
Best expert level puzzle gift
Care Bears Care-a-Lot 1,000-Piece Jigsaw Puzzle
This puzzle showcases the original Care Bear lineup from the classic ‘80s franchise, including Tenderheart Bear, Funshine Bear, Love-A-Lot Bear, Bedtime Bear and many more. Each bear’s symbol and personality are shown in their own unique ways in this 1,000-piece jigsaw puzzle, with watercolor rainbows and clouds around the Care-a-Lot Castle. The puzzle measures 10 by 8 by 2 inches once completed.
Sold by Amazon
Best reading gift
Baby Boom Vintage Shop Care Bears Hardcover Parker Brothers Book
Explore the land of Care-a-Lot and follow the Care Bears on different adventures as they help children deal with everyday life lessons such as learning how to treat others with kindness, how to deal with bullies and welcoming a new addition to the family. Some stories also show the Care Bears battling witches, children’s bad dreams and the Freeze Machine.
Sold by Etsy
Best sticker play set gift
Smile From The Past Shop Care Bears Presto Magix Stick ‘N Lift Magic Stickers Play Set
This set contains colorful plastic stickers that can be placed on different pages to create different scenes that include various Care Bears as well as birds, flowers, a heart and a moon. The sticker book also contains a Care-a-Lot background and the original black sheet that came with the set. There’s some minor wear on the box and stickers.
Sold by Etsy
Best coloring book gift
The Charm Room The Care Bears and the Big Sneeze Coloring Book
Illustrated by Barb Henry and written by Peggy Kahn, this vintage coloring book features scenes of the Care Bears enjoying the snowy weather after coming down from Care-a-Lot. Along the way, they teach the reader some tips on how to stay warm in cold weather and how to prevent colds.
Sold by Etsy
Best collector item gift
From Charlotte’s Attic Care Bear Vintage Rainbow Red Case
This retro Care Bears suitcase is in pretty good condition and has a functioning zipper, though there may be a few minor signs of wear and tear inside, and it has a few marks on the exterior. The entire bag measures 17 by 11 by 4 inches. The seller also offers a free bonus gift with your purchase.
Sold by Etsy
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/toys-games-br/theme-toys-br/9-vintage-care-bear-gifts-you-can-buy-online/ | 2022-07-18T03:23:43Z |
JUNO BEACH, Fla., June 14, 2022 /PRNewswire/ -- As previously announced, NextEra Energy, Inc. (NYSE: NEE) will host an investor conference from 8:30 a.m. to 12:30 p.m. ET today, June 14, in New York City. The members of the senior management team plan to discuss, among other things, that NextEra Energy is increasing its adjusted earnings per share expectations for 2022, 2023, 2024 and 2025, subject to the usual caveats. NextEra Energy now expects adjusted earnings per share for 2022, 2023, 2024 and 2025 to be in the range of $2.80 to $2.90, $2.98 to $3.13, $3.23 to $3.43 and $3.45 to $3.70, respectively.
Beginning at 8 a.m. ET today, investors and other interested parties will be able to access the presentation materials at www.NextEraEnergy.com/investors. A live audio webcast will be available on the previously named site beginning at 8:30 a.m. ET. For those unable to listen to the live webcast, a replay will be available for 30 days by accessing the same links as listed above.
The adjusted earnings expectations exclude the cumulative effect of adopting new accounting standards; the effects of non-qualifying hedges and unrealized gains and losses on equity securities held in NextEra Energy Resources, LLC's nuclear decommissioning funds and other than temporary impairments, none of which can be determined at this time. Adjusted earnings expectations also exclude the effects of NextEra Energy Partners, LP net investment gains, differential membership interests-related and an impairment charge and ongoing costs related to NEE's investment in Mountain Valley Pipeline, LLC. In addition, adjusted earnings expectations assume, among other things, normal weather and operating conditions; positive macroeconomic conditions in the U.S. and Florida; supportive commodity markets; current forward curves; public policy support for wind and solar development and construction; market demand and transmission expansion to support wind and solar development; market demand for pipeline capacity; access to capital at reasonable cost and terms; divestitures to NextEra Energy Partners, LP; no acquisitions; no adverse litigation decisions; and no changes to governmental policies or incentives. Please see the accompanying cautionary statements for a list of the risk factors that may affect future results. Expected adjusted earnings amounts cannot be reconciled to expected net income because net income includes the effect of certain items which cannot be determined at this time. NextEra Energy's management uses adjusted earnings, which is a non-GAAP financial measure, internally for financial planning, analysis of performance, reporting of results to the board of directors and as an input in determining performance-based compensation under the company's employee incentive compensation plans. NextEra Energy also uses earnings expressed in this fashion when communicating its financial results and earnings outlook to analysts and investors.
NextEra Energy, Inc.
NextEra Energy, Inc. (NYSE: NEE) is a leading clean energy company headquartered in Juno Beach, Florida. NextEra Energy owns Florida Power & Light Company, which is the largest vertically integrated rate-regulated electric utility in the United States as measured by retail electricity produced and sold, and serves more than 5.7 million customer accounts, supporting more than 12 million residents across Florida with clean, reliable and affordable electricity. NextEra Energy also owns a competitive clean energy business, NextEra Energy Resources, LLC, which, together with its affiliated entities, is the world's largest generator of renewable energy from the wind and sun and a world leader in battery storage. Through its subsidiaries, NextEra Energy generates clean, emissions-free electricity from seven commercial nuclear power units in Florida, New Hampshire and Wisconsin. NextEra Energy has been recognized often by third parties for its efforts in sustainability, corporate responsibility, ethics and compliance, and diversity. NextEra Energy is ranked No. 1 in the electric and gas utilities industry on Fortune's 2022 list of "World's Most Admired Companies," recognized on Fortune's 2021 list of companies that "Change the World" and received the S&P Global Platts 2020 Energy Transition Award for leadership in environmental, social and governance. For more information about NextEra Energy companies, visit these websites: www.NextEraEnergy.com, www.FPL.com, www.NextEraEnergyResources.com.
Cautionary Statements and Risk Factors That May Affect Future Results
This news release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical facts, but instead represent the current expectations of NextEra Energy, Inc. (together with its subsidiaries, NextEra Energy) regarding future operating results and other future events, many of which, by their nature, are inherently uncertain and outside of NextEra Energy's control. Forward-looking statements in this release include, among others, statements concerning adjusted earnings per share expectations and future operating performance. In some cases, you can identify the forward-looking statements by words or phrases such as "will," "may result," "expect," "anticipate," "believe," "intend," "plan," "seek," "potential," "projection," "forecast," "predict," "goals," "target," "outlook," "should," "would" or similar words or expressions. You should not place undue reliance on these forward-looking statements, which are not a guarantee of future performance. The future results of NextEra Energy and its business and financial condition are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements, or may require it to limit or eliminate certain operations. These risks and uncertainties include, but are not limited to, those discussed in this news release and the following: effects of extensive regulation of NextEra Energy's business operations; inability of NextEra Energy to recover in a timely manner any significant amount of costs, a return on certain assets or a reasonable return on invested capital through base rates, cost recovery clauses, other regulatory mechanisms or otherwise; impact of political, regulatory, operational and economic factors on regulatory decisions important to NextEra Energy; disallowance of cost recovery based on a finding of imprudent use of derivative instruments; effect of any reductions or modifications to, or elimination of, governmental incentives or policies that support utility scale renewable energy projects or the imposition of additional tax laws, tariffs, duties, policies or assessments on renewable energy or equipment necessary to generate it or deliver it; impact of new or revised laws, regulations, interpretations or constitutional ballot and regulatory initiatives on NextEra Energy; capital expenditures, increased operating costs and various liabilities attributable to environmental laws, regulations and other standards applicable to NextEra Energy; effects on NextEra Energy of federal or state laws or regulations mandating new or additional limits on the production of greenhouse gas emissions; exposure of NextEra Energy to significant and increasing compliance costs and substantial monetary penalties and other sanctions as a result of extensive federal regulation of its operations and businesses; effect on NextEra Energy of changes in tax laws, guidance or policies as well as in judgments and estimates used to determine tax-related asset and liability amounts; impact on NextEra Energy of adverse results of litigation; effect on NextEra Energy of failure to proceed with projects under development or inability to complete the construction of (or capital improvements to) electric generation, transmission and distribution facilities, gas infrastructure facilities or other facilities on schedule or within budget; impact on development and operating activities of NextEra Energy resulting from risks related to project siting, planning, financing, construction, permitting, governmental approvals and the negotiation of project development agreements, as well as supply chain disruptions; risks involved in the operation and maintenance of electric generation, transmission and distribution facilities, gas infrastructure facilities, retail gas distribution system in Florida and other facilities; effect on NextEra Energy of a lack of growth or slower growth in the number of customers or in customer usage; impact on NextEra Energy of severe weather and other weather conditions; threats of terrorism and catastrophic events that could result from terrorism, cyberattacks or other attempts to disrupt NextEra Energy's business or the businesses of third parties; inability to obtain adequate insurance coverage for protection of NextEra Energy against significant losses and risk that insurance coverage does not provide protection against all significant losses; a prolonged period of low gas and oil prices could impact NextEra Energy's gas infrastructure business and cause NextEra Energy to delay or cancel certain gas infrastructure projects and could result in certain projects becoming impaired; risk of increased operating costs resulting from unfavorable supply costs necessary to provide full energy and capacity requirement services; inability or failure to manage properly or hedge effectively the commodity risk within its portfolio; effect of reductions in the liquidity of energy markets on NextEra Energy's ability to manage operational risks; effectiveness of NextEra Energy's risk management tools associated with its hedging and trading procedures to protect against significant losses, including the effect of unforeseen price variances from historical behavior; impact of unavailability or disruption of power transmission or commodity transportation facilities on sale and delivery of power or natural gas; exposure of NextEra Energy to credit and performance risk from customers, hedging counterparties and vendors; failure of counterparties to perform under derivative contracts or of requirement for NextEra Energy to post margin cash collateral under derivative contracts; failure or breach of NextEra Energy's information technology systems; risks to NextEra Energy's retail businesses from compromise of sensitive customer data; losses from volatility in the market values of derivative instruments and limited liquidity in over-the-counter markets; impact of negative publicity; inability to maintain, negotiate or renegotiate acceptable franchise agreements; occurrence of work strikes or stoppages and increasing personnel costs; NextEra Energy's ability to successfully identify, complete and integrate acquisitions, including the effect of increased competition for acquisitions; environmental, health and financial risks associated with ownership and operation of nuclear generation facilities; liability of NextEra Energy for significant retrospective assessments and/or retrospective insurance premiums in the event of an incident at certain nuclear generation facilities; increased operating and capital expenditures and/or reduced revenues at nuclear generation facilities resulting from orders or new regulations of the Nuclear Regulatory Commission; inability to operate any of NextEra Energy's owned nuclear generation units through the end of their respective operating licenses; effect of disruptions, uncertainty or volatility in the credit and capital markets or actions by third parties in connection with project-specific or other financing arrangements on NextEra Energy's ability to fund its liquidity and capital needs and meet its growth objectives; inability to maintain current credit ratings; impairment of liquidity from inability of credit providers to fund their credit commitments or to maintain their current credit ratings; poor market performance and other economic factors that could affect NextEra Energy's defined benefit pension plan's funded status; poor market performance and other risks to the asset values of nuclear decommissioning funds; changes in market value and other risks to certain of NextEra Energy's investments; effect of inability of NextEra Energy subsidiaries to pay upstream dividends or repay funds to NextEra Energy or of NextEra Energy's performance under guarantees of subsidiary obligations on NextEra Energy's ability to meet its financial obligations and to pay dividends on its common stock; the fact that the amount and timing of dividends payable on NextEra Energy's common stock, as well as the dividend policy approved by NextEra Energy's board of directors from time to time, and changes to that policy, are within the sole discretion of NextEra Energy's board of directors and, if declared and paid, dividends may be in amounts that are less than might be expected by shareholders; NextEra Energy Partners, LP's inability to access sources of capital on commercially reasonable terms could have an effect on its ability to consummate future acquisitions and on the value of NextEra Energy's limited partner interest in NextEra Energy Operating Partners, LP; effects of disruptions, uncertainty or volatility in the credit and capital markets on the market price of NextEra Energy's common stock; and the ultimate severity and duration of public health crises, epidemics and pandemics, and its effects on NextEra Energy's business. NextEra Energy discusses these and other risks and uncertainties in its annual report on Form 10-K for the year ended December 31, 2021 and other Securities and Exchange Commission (SEC) filings, and this news release should be read in conjunction with such SEC filings. The forward-looking statements made in this news release are made only as of the date of this news release and NextEra Energy undertakes no obligation to update any forward-looking statements.
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SOURCE NextEra Energy, Inc. | https://www.wibw.com/prnewswire/2022/06/14/nextera-energy-announces-increased-adjusted-earnings-per-share-expectations-2022-2025-during-investor-conference/ | 2022-06-14T13:21:33Z |
TEL AVIV, Israel, Aug. 22, 2022 /PRNewswire/ -- Cannbit-Tikun Olam Israel (TASE: TKUN), Israel's medical cannabis pioneer, today reported that the company's production facility in the north of Israel and cultivation farm at the Dead Sea were received the EU-GMP certification which, required for the commercial export of medical cannabis to Europe.
This certification will make it possible to implement the agreements with German pharmaceutical company, Fette Pharma, according to which Cannbit-Tikun Olam Israel will export its products to Germany, Austria, and Switzerland.
EU-GMP certification is required for the production, export, and marketing of pharmaceuticals throughout Europe; The certificate also applies to medical cannabis products that are defined in the European Union as pharmaceutical products available by medical prescription. The new certification will allow the company to implement the production and marketing agreements it signed to produce medical cannabis products and develop innovative administration methods that can be implemented for the various medical uses of cannabis.
As part of this effort, the company will act to sign additional global production agreements, through which the company's line of products based on clinical research will be marketed in commercial quantities worldwide.
The company is joining the highly select group of international medical cannabis companies with EU-GMP certification, which enables export and market according to the emerging global regulation.
Avinoam Sapir, CEO of Cannbit-Tikun Olam said, "Receiving the prestigious European certification is the company's most important strategic move to date and is a true breakthrough for our company and the entire Israeli cannabis industry. Now having the certificate, we can provide an alternative for some chemical drugs, which is a clinically proven solution to improve patients' quality of life worldwide.
From now on, our clinical research-based indication-specific products and in the future unique and innovative administration forms will be sold in European pharmacies, I invite pharmaceutical companies to join us to plant the seeds of the future."
About Cannbit – Tikun Olam Israel
Tikun Olam Israel was founded in 2006 and was acquired Cannbit Pharmaceuticals in 2019 The company is Israel's first and leading cannabis supplier, engaged in breakthrough clinical research and recognized worldwide as a modern medical cannabis industry pioneer. Since its establishment, Tikun Olan Israel has treated tens of thousands of patients in Israel with various diseases, from children to the elderly, and has the most extensive experience in the world in treating patients and alleviating their suffering through medical cannabis. The company has over 15 years of clinical research experience and over 35 clinical and preclinical studies, many of which have been published in the world's most prestigious scientific publications. The company operates down the entire length of the medical cannabis value chain, ensuring an ecosystem that combines the values of sustainability, continuity of care and standardization of the quality of its products.
For more information: Elianah@tikun-olam.org.il
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SOURCE Tikun Olam Cannbit | https://www.kxii.com/prnewswire/2022/08/22/cannbit-tikun-olam-israel-received-eu-gmp-certification-german-federal-ministry-health-production-export-market-medical-cannabis-europe/ | 2022-08-22T11:47:30Z |
Strategic integration unlocks efficient, frictionless and fully digital process for opening advisory accounts
LOS ANGELES, June 28, 2022 /PRNewswire/ -- Docupace, the leader in cloud-based fintech digital operations software for the wealth management industry, today announces the successful transition of 500,000 client accounts for financial advisors moving to a new wealth management provider. Launched in 2017, the turn-key Advisor Transitions Program from Docupace is designed to help transitioning advisors "re-paper" all client accounts at one time, as they move from one wealth management provider to another.
"Docupace is honored so many advisors have entrusted our team of experts to help guide them along one of the biggest business decisions they'll ever make," says David Knoch, chief executive officer for Docupace. "When a financial advisor engages our Advisor Transitions Program, they've already made the decision to enter the next phase of their journey – we just enable them, and their clients get there faster."
Since the program's inception in 2017, the Advisor Transitions Program from Docupace has executed more than 1,300 financial advisor transitions. Currently, six of the top 16 independent broker-dealers in America leverage this program to bring new advisors and firms into their communities.
"At Docupace, we exist to turn financial planning into financial planning well-executed; and the successful transition from one partner to another requires the right technology, the right messaging to clients, the right sequence of steps and the right people guiding you along the way," says Knoch.
The Advisor Transitions Program from Docupace is designed to transition advisors and their clients effectively and efficiently from one wealth management provider to another.
However, the process to "repaper" client accounts can create heightened anxiety for transitioning advisors and it is critical the appropriate sequence of steps is followed. Due to SEC/ FINRA regulations, an advisor's new firm cannot have access to client information until their affiliation is complete. To move an advisor's clients and accounts, completing new account "paperwork" has historically been a very manual, labor-intensive process that can cause disruption to the advisor's business and client relationships. Docupace's process combines electronic document delivery, eSignature and white-glove service from professionals to digitize and streamline this arduous process.
These transitions commonly take as long as six months (180 days) or more to complete. The Docupace program transitioned more than 68% of client accounts in 30 days or less; roughly 93% transitioned in 60 days in 2021.
While proprietary technology behind Docupace's transitions program expedites the transition, the Program's true "secret sauce" is the team of in-house transition specialists who serve as expert guides, sounding boards and stress relievers throughout the multi-stage process. These transition specialists understand the delicate nature of advisor transitions and provide both technological and emotional support.
"The Advisor Transitions team is here to help the best advisors succeed, wherever they may be. Transitioning a book of business is an intricate, time-consuming process, but Docupace's outstanding professionals, with their commitment to service, have time and again delivered for advisors, minimizing disruptions and loss of revenue, " Knoch said.
Think you know Docupace? Think Again. Click here to schedule a no-sales, just truth conversation with a Docupace Platform SME.
Docupace is a solutions provider focused on digitizing and automating operations in the financial advice and investment industry. Financial services firms use the Docupace Platform (a cloud-based, integrated software suite) to reduce back-office expenses, improve efficiency, strengthen recruiting, and enhance the experience of advisors and investors. With headquarters in Los Angeles, California, Docupace is proud to serve some of the largest independent broker-dealers and registered investment advisers (RIAs) in the financial services industry.
For more information, please visit www.docupace.com.
Ryan George
Chief Marketing Officer
ryan_george@docupace.com
Joseph Kuo / Donald Cutler
Haven Tower Group
jkuo@haventower.com / dcutler@haventower.com
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SOURCE Docupace Technologies, Inc. | https://www.mysuncoast.com/prnewswire/2022/06/28/docupace-advisor-transitions-program-celebrates-500000th-client-account-served/ | 2022-06-28T13:37:25Z |
NEWPORT BEACH, Calif., July 5, 2022 /PRNewswire/ -- Dani Babb, PhD today announced Dissertation Prep, a new service for doctoral students working on their dissertations. The dissertation solution is focused on helping learners move through the arduous process of a dissertation proposal or final manuscript, including coaching, mentoring, support, quantitative and qualitative analysis, statistics, writing and editing. Mentors have decades of experience coaching doctoral candidates, meeting them where they are at in their scholarly journey and guiding them to the next milestone.
"Schools want to provide the best resources for doctoral students but not every learner comes into a doctoral program with the same level of expertise – or time management – to be successful. This leaves many students struggling years into their dissertation work with limited resources and mounting tuition bills. We bridge the gap between college services and what students need, and help move students from 'stuck', to 'un-stuck'" says Dani Babb, PhD, Founder and Research Professor at Dissertation Prep. Mary Dereshiwsky, PhD, both an experienced doctoral mentor and statistician, joined the team as she saw more and more students unable to cross the All But Dissertation (ABD) milestone while needing help navigating the process or understanding what to do. "This service is essential for students who are struggling to complete their dissertations - or who are just beginning and want to move quickly. Students are often confused by methodology and navigating the committee process. We commit to helping doctoral students through those struggles, and more."
Features and benefits of the doctoral student solutions include:
- One-on-one mentoring and coaching with experienced qualitative, quantitative and writing experts
- Ongoing group support throughout the entire dissertation phase of studies
- Tailored milestones and objectives based on where students are – and where they need to be to complete their degrees
- Mentors with decades of experience coaching and mentoring students at a multitude of institutions.
The services are available for students and colleges immediately. The company offers institutional packages for colleges and universities interested in mentoring or writing services for their students who are struggling to complete their programs as a supplemental support service. "This is a win-win, says Babb. Students will experience success and colleges will improve their graduation rates with equipped graduates. Our team couldn't be happier to bring this to market." For more information on doctoral dissertation services, visit www.dissertationprep.com
About Dissertation Prep: Student-centered doctoral dissertation services to help learners move from doctoral candidates to doctoral graduates. Providing mentoring, guidance, support, writing and editing services for dissertation proposals and manuscripts. The experienced team of doctoral mentors and editors is ready to serve students looking for more help, and colleges wanting to offer additional support for their doctoral students.
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SOURCE Dissertation Prep | https://www.mysuncoast.com/prnewswire/2022/07/05/dissertation-prep-launches-support-amp-mentor-doctoral-students-candidate-completion/ | 2022-07-05T16:27:06Z |
AUBURN HILLS, Mich., Aug. 3, 2022 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported second quarter results.
Charging Forward Update:
- Based on new business awards and actions announced to date, BorgWarner believes it is already on track to achieve approximately $3.7 billion of electric vehicle revenue by 2025. The Company now expects its 2022 electric vehicle revenue to grow to approximately $850 million, which is more than double what it was in 2021.
- BorgWarner announced that the Company has acquired Rhombus Energy Solutions, a provider of charging solutions in the North American market. The Company paid approximately $130 million at closing, and up to $55 million could be paid in the form of contingent payments over the next three years.
- BorgWarner has been selected for two additional high-voltage coolant heater programs, one with a global OEM expected to launch in 2023 and the other with an emerging electric vehicle brand in China expected to launch in 2024.
- BorgWarner has been awarded a battery system with a European commercial vehicle OEM. This battery system will be utilized in medium-duty commercial vehicles expected to launch in 2024.
- BorgWarner issued its 2022 Sustainability Report - Charging Forward Together - which focuses on how the Company delivers on its vision of a clean, energy-efficient world and embodies its beliefs of inclusion, integrity, excellence, responsibility and collaboration throughout its operations.
Second Quarter Highlights:
- U.S. GAAP net sales of $3,759 million, roughly flat compared with second quarter 2021.
- U.S. GAAP net earnings of $0.91 per diluted share.
- U.S. GAAP operating income of $272 million, or 7.2% of net sales.
- Net cash provided by operating activities of $216 million.
Financial Results:
The Company believes the following table is useful in highlighting non-comparable items that impacted its U.S. GAAP net earnings per diluted share. The Company defines adjusted earnings per diluted share as earnings per diluted share adjusted to eliminate the impact of restructuring expense, merger, acquisition and divestiture expense, other net expenses, discontinued operations, other gains and losses not reflective of the Company's ongoing operations, and related tax effects.
Net sales were $3,759 million for the second quarter 2022, roughly flat compared with $3,758 million for the second quarter 2021. Net earnings for the second quarter 2022 were $216 million, or $0.91 per diluted share, compared with net earnings of $247 million, or $1.03 per diluted share, for the second quarter 2021. Adjusted net earnings per diluted share for the second quarter 2022 were $1.05, down from adjusted net earnings per diluted share of $1.08 for the second quarter 2021. Adjusted net earnings for the second quarter 2022 excluded net non-comparable items of $(0.14) per diluted share. Adjusted net earnings for the second quarter 2021 excluded net non-comparable items of $(0.05) per diluted share. These items are listed in the table above, which is provided by the Company for comparison with other results and the most directly comparable U.S. GAAP measures. The decrease in adjusted net earnings was primarily due to higher net R&D investment the impacts of production shutdowns in China and net material cost inflation, partially offset by lower income tax expense.
Full Year 2022 Guidance: The Company has affirmed its full year sales, margin and cash flow guidance, while increasing its EPS guidance. Net sales are expected to be in the range of $15.5 billion to $16.0 billion, compared with 2021 sales of $14.8 billion. This implies a year-over-year increase in organic sales of 11% to 14%. The Company expects its weighted light and commercial vehicle markets to increase in the range of approximately 2.5% to 5.0% in 2022. Foreign currencies are expected to result in a year-over-year decrease in sales of approximately $820 million primarily due to the weakening of the Euro, the Korean Won and Chinese Renminbi against the U.S. dollar. The acquisitions of Santroll's light vehicle eMotor business and Rhombus Energy Solutions are expected to increase year-over-year sales by an aggregate of approximately $45 million to $55 million. The divestiture of the Water Valley, Mississippi business will decrease year-over-year sales by approximately $177 million.
Operating margin for the full year is expected to be in the range of 8.4% to 8.8%. Excluding the impact of non-comparable items, adjusted operating margin is expected to be in the range of 9.8% to 10.2%. Net earnings are expected to be within a range of $3.40 to $3.80 per diluted share. Excluding the impact of non-comparable items, adjusted net earnings are expected to be within a range of $4.00 to $4.40 per diluted share. Full-year operating cash flow is expected to be in the range of $1,500 million to $1,550 million, while free cash flow is expected to be in the range of $650 million to $750 million.
At 9:00 a.m. ET today, a brief conference call concerning second quarter 2022 results and guidance will be webcast at: https://www.borgwarner.com/investors. Additionally, an earnings call presentation will be available at https://www.borgwarner.com/investors.
For more than 130 years, BorgWarner Inc. (NYSE: BWA) has been a transformative global product leader bringing successful mobility innovation to market. Today, we're accelerating the world's transition to eMobility -- to help build a cleaner, healthier, safer future for all.
Forward-Looking Statements: This press release may contain forward-looking statements as contemplated by the 1995 Private Securities Litigation Reform Act that are based on management's current outlook, expectations, estimates and projections. Words such as "anticipates," "believes," "continues," "could," "designed," "effect," "estimates," "evaluates," "expects," "forecasts," "goal," "guidance," "initiative," "intends," "may," "outlook," "plans," "potential," "predicts," "project," "pursue," "seek," "should," "target," "when," "will," "would," and variations of such words and similar expressions are intended to identify such forward-looking statements. Further, all statements, other than statements of historical fact contained or incorporated by reference in this press release that we expect or anticipate will or may occur in the future regarding our financial position, business strategy and measures to implement that strategy, including changes to operations, competitive strengths, goals, expansion and growth of our business and operations, plans, references to future success and other such matters, are forward-looking statements. Accounting estimates, such as those described under the heading "Critical Accounting Policies and Estimates" in Item 7 of our most recently-filed Annual Report on Form 10-K ("Form 10-K"), are inherently forward-looking. All forward-looking statements are based on assumptions and analyses made by us in light of our experience and our perception of historical trends, current conditions and expected future developments, as well as other factors we believe are appropriate under the circumstances. Forward-looking statements are not guarantees of performance, and the Company's actual results may differ materially from those expressed, projected or implied in or by the forward-looking statements.
You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Forward-looking statements are subject to risks and uncertainties, many of which are difficult to predict and generally beyond our control, that could cause actual results to differ materially from those expressed, projected or implied in or by the forward-looking statements. These risks and uncertainties, among others, include: supply disruptions impacting us or our customers, such as the current shortage of semiconductor chips that has impacted original equipment manufacturer ("OEM") customers and their suppliers, including us; commodities availability and pricing, and an inability to achieve expected levels of success in additional commercial negotiations with customers; competitive challenges from existing and new competitors including OEM customers; the challenges associated with rapidly changing technologies, particularly as relates to electric vehicles, and our ability to innovate in response; uncertainties regarding the extent and duration of impacts of matters associated with the COVID-19 pandemic, including additional production disruptions; the difficulty in forecasting demand for electric vehicles and our electric vehicles revenue growth; potential disruptions in the global economy caused by Russia's invasion of Ukraine; the ability to identify targets and consummate acquisitions on acceptable terms; failure to realize the expected benefits of acquisitions on a timely basis including our recent acquisitions of AKASOL AG, Santroll's light vehicle eMotor business, Rhombus Energy Solutions and our 2020 acquisition of Delphi Technologies PLC; the ability to identify appropriate combustion portfolio businesses for disposition and consummate planned dispositions on acceptable terms; the failure to promptly and effectively integrate acquired businesses; the potential for unknown or inestimable liabilities relating to the acquired businesses; our dependence on automotive and truck production, both of which are highly cyclical and subject to disruptions; our reliance on major OEM customers; fluctuations in interest rates and foreign currency exchange rates; our dependence on information systems; the uncertainty of the global economic environment and potential for recessionary conditions in regional economies; the outcome of existing or any future legal proceedings, including litigation with respect to various claims; future changes in laws and regulations, including, by way of example, taxes and tariffs, in the countries in which we operate; impacts from any potential future acquisition or disposition transactions; and the other risks noted in reports that we file with the Securities and Exchange Commission, including Item 1A, "Risk Factors" in our most recently-filed Form 10-K and/or Quarterly Report on Form 10-Q. We do not undertake any obligation to update or announce publicly any updates to or revisions to any of the forward-looking statements in this press release to reflect any change in our expectations or any change in events, conditions, circumstances, or assumptions underlying the statements.
Non-GAAP Financial Measures
This press release contains information about BorgWarner's financial results that is not presented in accordance with accounting principles generally accepted in the United States ("GAAP"). Such non-GAAP financial measures are reconciled to their closest GAAP financial measures below and in the Financial Results table above. The provision of these comparable GAAP financial measures for 2022 is not intended to indicate that BorgWarner is explicitly or implicitly providing projections on those GAAP financial measures, and actual results for such measures are likely to vary from those presented. The reconciliations include all information reasonably available to the Company at the date of this press release and the adjustments that management can reasonably predict.
Management believes that these non-GAAP financial measures are useful to management, investors, and banking institutions in their analysis of the Company's business and operating performance. Management also uses this information for operational planning and decision-making purposes.
Non-GAAP financial measures are not and should not be considered a substitute for any GAAP measure. Additionally, because not all companies use identical calculations, the non-GAAP financial measures as presented by BorgWarner may not be comparable to similarly titled measures reported by other companies.
Adjusted Operating Income and Adjusted Operating Margin
In 2021 and prior, the Company defined adjusted operating income as operating income adjusted to exclude the impact of restructuring expense, merger, acquisition and divestiture expense, other net expenses, discontinued operations, and other gains and losses not reflective of the Company's ongoing operations. Beginning in the first quarter of 2022, the Company updated its definition of adjusted operating income and adjusted operating margin to add back intangible asset amortization expense. For comparability, the 2021 reconciliation below adds back intangible asset amortization expense. The updated definition of adjusted operating income is operating income adjusted to exclude the impact of restructuring expense, merger, acquisition and divestiture expense, intangible asset amortization expense, other net expenses, discontinued operations, and other gains and losses not reflective of the Company's ongoing operations. Adjusted operating margin is defined as adjusted operating income divided by net sales.
Adjusted Net Earnings
The Company defines adjusted net earnings as net earnings attributable to BorgWarner Inc. adjusted to eliminate the impact of restructuring expense, merger, acquisition and divestiture expense, other net expenses, discontinued operations, and other gains and losses not reflective of the Company's ongoing operations, and related tax effects. The impact of intangible asset amortization expense will continue to be included in adjusted net earnings.
Adjusted Earnings per Diluted Share
The Company defines adjusted earnings per diluted share as earnings per diluted share adjusted to eliminate the impact of restructuring expense, merger, acquisition and divestiture expense, other net expenses, discontinued operations, other gains and losses not reflective of the Company's ongoing operations, and related tax effects. The impact of intangible asset amortization expense continues to be included in adjusted earnings per share.
Free Cash Flow
The Company defines free cash flow as net cash provided by operating activities minus capital expenditures and is useful to both management and investors in evaluating the Company's ability to service and repay its debt.
Organic Net Sales Change
The Company defines organic net sales changes as net sales change year over year excluding the estimated impact of foreign exchange (FX), the 2022 acquisitions of Santroll's light vehicle eMotor business and Rhombus Energy Solutions as well as the 2021 divestiture of the Water Valley, Mississippi business.
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SOURCE BorgWarner | https://www.mysuncoast.com/prnewswire/2022/08/03/borgwarner-announces-electrification-progress-reports-second-quarter-results/ | 2022-08-03T11:36:27Z |
REDDING, Conn., June 21, 2022 /PRNewswire/ -- Multiple Grammy Winning Co-Producer Paul Avgerinos, announces through his Unicorn Studios the release of an inspirational new single, ACROSS LIGHT & TIME, featuring internationally renowned artists Assia Ahhatt and David Arkenstone.
ACROSS LIGHT & TIME, which dropped June 10, is the first featured track on Assia and David's collaborative New Age album currently in production across three continents and slated for release in September.
"Creating music together with Assia has been a joyous and rewarding experience I can't wait to share with the world!" said Arkenstone, a 5-time Grammy® Nominee.
Assia Ahhatt, a classically trained child prodigy, has entertained global audiences as one of the world's premier violin virtuosos. Always seeking new musical challenges, she performed in unique venues and has written, arranged, and recorded across genres from Classical to Pop, Latin to Contemporary Instrumental, and now, New Age. Assia has been honored as a Merited Artist of Ukraine, as well as for her participation with several charitable organizations currently assisting millions displaced by the war in Ukraine.
David Arkenstone is a multiple-Grammy nominated lifelong musical innovator, producer, collaborator, and instrumentalist mainly performing within the genre of New Age. Several of his original creations are heard as background music daily around the world. It would be difficult to mention an instrument that David does not play, although this production primarily features his mastery of guitar and piano.
Joining Assia and David in the video of Across Light & Time is young multi-talented twice Latin Grammy-winning producer, arranger, percussionist and fellow Co-Producer, Tony Succar.
"Assia and David are two of my favorite artists, so I'm thrilled to be a producer on their first collaboration," said Paul Avgerinos.
"David's emotional melodies interpreted by Assia's soulful violin truly connect. I feel this project is going to touch the hearts of fans around the globe," said Tony Succar.
Assia's web-site: http://assiaahhatt.com/home_en
Instagram: https://www.instagram.com/ahhattassia/
FB: https://www.facebook.com/ahhatt
Video for 'Across Light and Time': https://drive.google.com/file/d/1IoFHQvEVOP7hS02OmaH_sTG6tR5-JHHV/view?usp=drivesdk
Video for 'Behind the Scenes': https://drive.google.com/file/d/1IpS9ZqTYyS6c0kOsV3bq253jkrzBpyfl/view
Media contact: Oksana Voinych, pr@transmediagroup.com – (561) 750-9800 (O), (305) 766-6153 (C)
TransMedia Group is a public relations firm serving clients in the arts and entertainment worldwide since 1981. Founder Tom Madden, former vice president, assistant to the president of NBC, is thrilled his firm is representing Assia Ahhatt as his father, William Madden, was a concert violinist.
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SOURCE Assia Ahhatt | https://www.kxii.com/prnewswire/2022/06/21/ukrainian-national-treasure-assia-ahhatt-amp-us-new-age-legend-david-arkenstone-light-up-sky-with-across-light-amp-time/ | 2022-06-21T15:32:18Z |
Prosecutors seek death penalty for Lori Vallow Daybell, mom charged in kids’ deaths
FREMONT COUNTY, Idaho (Gray News) - Idaho prosecutors in the case against Lori Vallow Daybell are seeking the death penalty.
Prosecuting attorneys filed a motion that they’ll seek the death penalty against Lori Daybell as a sentencing option if she is convicted of any of the counts of first-degree murder and/or any of the counts of conspiracy to commit first-degree murder as charged in the indictment.
Lori Daybell is charged with conspiring to kill her children, her estranged husband and a lover’s wife, as reported by the Associated Press.
She refused to enter a plea to murder and other charges last month which prompted an Idaho judge to enter a not guilty plea on her behalf.
Lori Daybell and her new husband, Chad Daybell, face numerous charges in the bizarre case. Lori Daybell’s children were 7-year-old Joshua “JJ” Vallow and 16-year-old Tylee Ryan.
The AP reports investigators said Chad and Lori Daybell began espousing an unusual, doomsday-focused system of religious belief involving “zombies,” teleportation and communication with other spiritual realms starting in 2018 when both were still married to other people. The Idaho prosecutors say they used their religious beliefs to justify or encourage the murders.
Larry Woodcock, “JJ” Vallow’s grandparent, said during a previous news conference that he was happy that the case is moving forward, saying Lori Daybell’s “day will come.”
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/05/03/prosecutors-seek-death-penalty-lori-vallow-daybell-mom-charged-kids-deaths/ | 2022-05-04T05:28:54Z |
WASHINGTON, Aug. 23, 2022 /PRNewswire/ -- A new national survey from U.S. News & World Report's 360 Reviews finds four in five Americans (81%) have adjusted their spending due to inflation, and 84% indicate they worry about the impact of inflation on this year's holiday shopping season.
To better understand the impact of inflation on consumer money-saving and purchasing habits, U.S. News used a third-party survey platform to poll 2,000 U.S. adults. It asked U.S. respondents about their coupon habits, 2022 holiday shopping plans, and more. Survey responses were weighted in order to be representative of the U.S. population.
"Our latest survey makes it clear Americans are flocking to digital coupons and similar digital money-saving tools because of inflation's impact to their wallets," said Alexandra Kelly, senior editor, 360 Deals. Kelly adds, "And they seem to be helping. In fact, an overwhelming 91% of U.S. consumers who use coupon sites, apps, and/or browser extensions report having saved money because of these digital resources — and half of Americans (51%) say they definitely plan to use digital coupons and similar online money-saving tools to help with their holiday shopping this year."
Additional survey highlights include:
- More than half of Americans (58%) look for coupons at least once a week.
- Three in four Americans (76%) have searched for digital coupons while grocery shopping.
- American consumers most prefer online shopping on Black Friday, followed by Amazon Prime Day, which trumped Cyber Monday.
- Half of Americans (51%) follow couponing blogs and social media accounts.
To access the full survey findings, visit:
https://www.usnews.com/articles/online-shopping-coupon-habits-survey
About U.S. News & World Report
U.S. News & World Report is the global leader in quality rankings that empower consumers, business leaders and policy officials to make better, more informed decisions about important issues affecting their lives and communities. A multifaceted digital media company with Education, Health, Money, Travel, Cars, News and 360 Reviews platforms, U.S. News provides rankings, independent reporting, data journalism, consumer advice and U.S. News Live events. More than 40 million people visit USNews.com each month for research and guidance. Founded in 1933, U.S. News is headquartered in Washington, D.C.
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SOURCE U.S. News & World Report, L.P. | https://www.wibw.com/prnewswire/2022/08/23/us-news-360-reviews-survey-reveals-americans-have-adjusted-spending-due-inflation-are-worried-about-inflations-impact-holiday-season-ahead/ | 2022-08-23T18:17:48Z |
Paul Rudd FaceTimed 12-year-old when classmates refuse to sign his yearbook
Published: Jul. 12, 2022 at 11:23 AM CDT|Updated: 48 minutes ago
(CNN) - A young boy who was being alienated at his middle school in Colorado was treated to a FaceTime call with actor Paul Rudd.
Brody Riddler, 12, made headlines in his hometown of Westminster after his mother revealed on Facebook that his classmates refused to sign his yearbook.
As it turns out, Brody’s favorite superhero is Ant-Man, which is played by Rudd in the Avengers franchise.
When Rudd heard the boy’s story, he reached out to the family and arranged a FaceTime call.
Rudd followed the call up with a signed Ant-Man helmet and a handwritten note, which Brody’s mom posted to social media.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/07/12/paul-rudd-facetimed-12-year-old-when-classmates-refuse-sign-his-yearbook/ | 2022-07-12T17:13:04Z |
They call her, desperate, scared and often broke. Some are rape and domestic violence victims. Others are new mothers, still breastfeeding infants. Another pregnancy so soon, they say, is something they just can’t handle.
“Heart wrenching,” said Angela Huntington, an abortion navigator for Planned Parenthood in Missouri, who is helping callers reschedule canceled abortion appointments — sometimes hundreds of miles away from their homes — after the fall of Roe v. Wade.
The ruling has set off a travel scramble across the country, with a growing number of states mostly banning the procedure. Clinic operators are moving, doctors are counseling crying patients, donations are pouring into nonprofits and one group is dispatching vans to administer abortion pills. Some cities — like Kansas City and St. Louis — also are drafting plans to help with the travel logistics.
Huntington has been preparing for this moment for months. Even before the U.S. Supreme Court’s decision last week to end constitutional protection for abortion, the procedure had become difficult to nearly impossible to obtain in states including Texas, Oklahoma and Missouri.
“Basically,” she said, they were “living in a post Roe era.”
Now a fresh round of laws are taking effect. Staff at a clinic in Nashville were flooded with calls from patients trying to understand the new legal landscape, after a federal court on Tuesday allowed the state’s ban on abortion as early as six weeks into pregnancy to take effect.
In Arkansas, some patients already were headed to a Planned Parenthood clinic in Little Rock to obtain medication-induced abortions when the decision came down last week. Upon arriving, they were sent home.
“I cannot believe this is happening today,” they told Huntington. Or alternatively, they muttered, their voices oozing with sarcasm, “ Of course it’s happening today.”
Huntington and others try to help move their appointments to clinics in Kansas, Illinois and even Colorado. If a patient is broke but has access to a reliable car, Huntington can offer gas cards. She works with nonprofits to arrange commercial flights and lodging. In recent weeks, she said, a group called Elevated Access has enlisted volunteer light aircraft pilots to transport patients to abortion appointments, sometimes departing from small rural airstrips.
“It’s been hell,’’ said Dr. Jeanne Corwin, a gynecologist who works at a clinic in Dayton, Ohio, where most patients are being turned away after new state rules took effect banning abortions after a heartbeat can be detected. Many are being sent over the border to Indiana and the clinic’s sister site in Indianapolis, where Corwin also works.
She said they are desperate, including a patient in her 30s, recently diagnosed with advanced melanoma and in her first trimester.
“She has to end her pregnancy’’ so she can begin chemotherapy, and is going to Indiana, Corwin said, adding that patients who are beyond Indiana’s 14-week cutoff are being sent to Illinois or Michigan.
Time also may be short for women diverted to Indiana because lawmakers there are expected to re-consider the state’s abortion laws at a special session starting July 6.
The situation is particularly difficult for immigrants who are in the country illegally, said Lupe Rodríguez, executive director of the National Latina Institute for Reproductive Justice.
Many of them lack the documentation to take a commercial flight, and occasionally border agents search buses for immigrants who are in the country illegally, she said.
“They’re simply not able to go anywhere to get this care,” she said, adding that the ruling has also created widespread confusion, with pregnant women fearful they could face criminal prosecution. “There’s a lot of misinformation.”
In Missouri, where abortions were already severely restricted, a new ban took effect Friday that only allows the procedure in “cases of medical emergency.” Kansas City leaders are weighing a $300 stipend to help employees travel for an abortion. And across the state, in St. Louis, elected officials are considering another measure that would use $1 million in federal coronavirus relief funds to pay for transportation, lodging and other logistical support for abortion seekers.
“It’s kind of an American nightmare that we’re scrambling to find health care like this,” said St. Louis Alderwoman Annie Rice, adding that she anticipated the measure would pass by mid-July. If that happens, abortion opponents have vowed to ask the state’s attorney general to sue.
Just the Pill, a nonprofit health organization that helps patients obtain abortion pills, is hitting the road. It has purchased two vans — one medication van and another where surgical abortions will be done — with plans to begin operating those vans by mid- to-late-July in Colorado. The idea is to be close to the borders of states that have restricted or outlawed abortion.
Mississippi’s only abortion clinic, which is nicknamed the Pink House because of its bright pink paint job, is facing the prospect of closing if it loses its lawsuit that seeks to block a state law that makes most abortions illegal as of July 7.
“We’re not giving up,” said the clinic’s owner, Diane Derzis, who plans to open a new abortion clinic called the Pink House West early next month in Las Cruces, New Mexico. “Women have always had abortions, no matter what it took.”
Following the ruling, donations have been pouring in to abortion funds like South Dakota Access for Every Woman. Normally the group would get seven to 10 donations per month. Now they are getting 10 to 20 a day, said Evelyn Griesse, a co-founder of the group. The money goes straight to the abortion providers.
“If the woman says she’s using some of her own personal money to pay for the abortion, we say use that money to do your travel expenses,” Griesse said.
Some states are rolling out the welcome mat. Connecticut’s governor is out with a new campaign ad that touts the state’s laws protecting abortion rights for women. They include a soon-to-take-effect law that protects medical providers and patients from out-of-state legal actions.
“Women deserve the right to make their own decisions about their health care,” Gov. Ned Lamont, a Democrat running for reelection in November, said in the 30-second commercial released over the weekend.
In Pennsylvania, where state law still allows abortions in the first 24 weeks, clinics are bracing for an influx of out-of-state patients.
Susan Frietsche, a staff attorney for the Women’s Law Project, which represents abortion clinics in Pennsylvania, cautioned that state residents seeking abortions may have a harder time finding appointments, too.
“It affects everybody in the country,” Frietsche said. “Whereas yesterday, Pennsylvania providers were basically able to find appointment times for people who need to be seen, that is not going to be the case soon, and Pennsylvanians are going to have to travel to other states and not because the law here has changed, but you won’t be able to find an appointment soon, this is such a time-sensitive service.” | https://cw33.com/news/nexstar-media-wire/clinics-scramble-to-divert-patients-as-states-ban-abortion/ | 2022-06-29T12:44:43Z |
NEW YORK, June 28, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Apyx Medical Corporation (NASDAQ: APYX) alleging that the Company violated federal securities laws.
Class Period: May 12, 2021 to March 11, 2022
Lead Plaintiff Deadline: August 5, 2022
No obligation or cost to you.
Learn more about your recoverable losses in APYX:
https://www.kleinstocklaw.com/pslra-1/apyx-medical-corporation-loss-submission-form-2?id=29223&from=4
Apyx Medical Corporation NEWS - APYX NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Apyx Medical Corporation made materially false and/or misleading statements and/or failed to disclose that: (1) a significant number of Apyx's Advanced Energy products were used for off-label indications; (2) such off-label uses led to an increase in the number of medical device reports filed by Apyx reporting serious adverse events; (3) as a result, the Company was reasonably likely to incur regulatory scrutiny; (4) as a result of the foregoing, the Company's financial results would be adversely impacted; 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.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Apyx you have until August 5, 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 Apyx 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 APYX lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/apyx-medical-corporation-loss-submission-form-2?id=29223&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/2022/06/28/apyx-alert-klein-law-firm-announces-lead-plaintiff-deadline-august-5-2022-class-action-filed-behalf-apyx-medical-corporation-shareholders/ | 2022-06-28T11:15:09Z |
SAN FRANCISCO, Aug. 9, 2022 /PRNewswire/ -- Taiwan Tourism Bureau hosted a virtual event in collaboration with special guests to speak to Taiwan's family friendly offerings to media and content creators. The event on August 4th aimed to introduce Taiwan's variety of family-friendly activities to attendees, touching on train travel, its food culture and outdoor adventures.
Taiwan Tourism Bureau partnered with three special guests: Joey Chou, successful Taiwanese-American illustrator who has worked for notable companies such as Disney, Netflix, and Warner Bros, Jamie Tung, Taiwanese-Canadian pastry chef and founder of Buttermere Pâtisserie, and Dorothy Chiang, the representative for the "Future" train, the award-winning Taiwan's tourist train that was featured on CNN Travel.
Attendees were taken through a three-part program with demonstrations from each guest that gave attendees the opportunity to learn more about Taiwan's family-friendly activities. From its bustling cities, to its relaxing beaches and scenic adventures, Taiwan is an ideal destination for family travel. The event called out a variety of family friendly attractions and travel experiences such as the Taipei Zoo, Sun Moon Lake, Night Markets, and train travel, and more!
There were approximately 45 attendees who joined to increase their knowledge about Taiwan's family friendly offerings. Prior to the event, attendees received gift boxes with goodies such as a toy Taiwanese train, custom Taiwan family-travel coloring book and more. During the event, attendees followed as the special guests called out various objects in the box and spoke more about each offering.
To celebrate, a sweepstake is held on the Taiwan Tourism Bureau's official Instagram page @taiwantourism_na from August 4 to August 19. To enter the sweepstakes, download the Taiwan illustration coloring page and color, paint, or decorate the illustration to make it your own art. Then post a photo of your art to Instagram Story with hashtag #ColoringMyTaiwan.
The Director of the Taiwan Tourism Bureau San Francisco office, Linda Lin, said, "Through these interactive events, we have the opportunity to maintain communications with niche groups of journalists and content creators and provide them with travel inspiration relevant to their audience. Taiwan adheres to all health and hygiene regulations, providing safety for travelers. We're looking forward to warming up the U.S. market through the variety of activities in preparation of the border reopening."
Taiwan has been actively monitoring the global situation and gradually easing the restrictions. Beginning on July 25, foreign nationals could apply for entry into Taiwan by volunteering, international exchanges, working holidays, etc. More information could be found on Taipei Economic and Cultural Office (TECO) in the United States.
The Taiwan Tourism Bureau is the official government agency responsible for domestic and international tourism policy development and execution. There are three North American Tourism Offices located in New York, Los Angeles, and San Francisco.
For information about Taiwan, please visit: eng.taiwan.net.tw
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SOURCE Taiwan Tourism Bureau | https://www.kxii.com/prnewswire/2022/08/10/taiwan-launches-virtual-event-showcasing-taiwans-family-travel-offerings-with-appearances-special-guests/ | 2022-08-10T01:09:31Z |
(NEXSTAR) – A moth found in the luggage of a passenger last year is now believed to belong to a species not encountered since 1912, according to Customs and Border Protection (CBP) officials.
Agricultural inspectors at Detroit Metropolitan Airport in Romulus, Michigan, found the insect in September 2021 while examining the belongings of an individual who had arrived from Philippines.
Pods that the passenger claimed were used for medicinal tea, turned out to have “insect exit holes,” the CBP said in a May 16 news release. The “pods” were placed in quarantine for further analysis, during which time the pupae hatched and several “very flashy” moths emerged.
An agricultural specialist couldn’t positively identify the moth, but the raised patches of black bristles and coloration hinted that it was part of the family Pyralidae. The samples were then sent to the U.S. Department of Agriculture for further research.
According to the CBP, a USDA Smithsonian Institution entomologist later confirmed that it was the first documented encounter with the species “since it was first described in 1912.” The scientific name of the moth is Salma brachyscopalis Hampson, CBP spokesperson Kris Grogan confirmed to Nexstar.
“Agriculture specialists play a vital role at our nation’s ports of entry by preventing the introduction of harmful exotic plant pests and foreign animal diseases into the United States,” said Port Director Robert Larkin. “This discovery is a testament to their important mission of identifying foreign pests and protecting America’s natural resources.”
Every year, agricultural inspectors intercept tens of thousands of pests deemed dangerous to the health and safety of U.S. agricultural resources, CBP officials say. | https://cw33.com/news/nexstar-media-wire/moth-species-not-seen-since-1912-found-in-luggage-at-michigan-airport/ | 2022-05-21T02:35:49Z |
Toyota recalls electric car for faulty wheel that may detach
TOKYO (AP) — Toyota is recalling 2,700 bZ4X crossover vehicles globally for wheel bolts that could become loose, in a major setback for the Japanese automaker’s ambitions to roll out electric cars.
Toyota Motor Corp. said Friday the cause is still under investigation, but the whole wheel could come off, risking a crash.
“Until the remedy is available, no one should drive these vehicles,” the company said in a statement.
Among the vehicles subject to the latest recall, about 2,200 were destined for Europe, 270 for North America, 112 for Japan, and 60 for the rest of Asia, according to Toyota. They were produced between March and June.
The bZ4X, which went on sale about two months ago, is a key model in Toyota’s plans to strengthen its electric lineup.
Toyota is planning to have 30 EV models by 2030, selling 3.5 million electric vehicles globally that year. Toyota is also investing 2 trillion yen ($17.6 billion) in battery research and development to achieve such goals.
The “bz” in the recalled model’s name, as well as others in the works, stands for a “beyond zero” series, including sport-utility vehicles of all sizes, pickup trucks and sportscars, according to Toyota.
The maker of the Prius hybrid and Lexus luxury models has been seen by some critics as a straggler in pushing electric vehicles, partly because it has been so bullish, and successful, in other green technology, such as hybrids and fuel cells, as well as efficient gas engines.
Demand for electric cars is expected to continue growing, especially with gas prices soaring recently, amid worries about inflation and the war in Ukraine, and people around the world become more conscious about climate change and the environment.
___
Yuri Kageyama is on Twitter aat https://twitter.com/yurikageyama
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/24/toyota-recalls-electric-car-faulty-wheel-that-may-detach/ | 2022-06-24T03:57:37Z |
MONTREAL, June 27, 2022 /PRNewswire/ - Paraza Pharma is pleased to announce the appointment of Dr. Chudi Ndubaku as Chief Scientific Officer. In his new role as part of the executive team at Paraza, Dr. Ndubaku will lead and drive the strategic growth of the R&D division of Paraza, with unitary focus to further enhance the scientific impact of Paraza research on client-partners' programs.
Dr. Ndubaku is a proven leader in the field of drug discovery with extensive experience in the industry. Prior to joining Paraza, Dr. Ndubaku held several senior scientific leadership positions at Genentech, Aduro Biotech and ORIC Pharmaceuticals.
"Chudi's experience and leadership in delivering clinical candidates for multiple drug discovery programs will be a real asset to our client-partners," said Arshad Siddiqui, Ph.D., Founder and Chief Executive Officer of Paraza. "I am delighted to welcome Chudi, who will help drive the continued growth of Paraza and further enhance the performance of our research teams".
Dr. Ndubaku completed his Ph.D. in Organic Chemistry at the Massachusetts Institute of Technology, Cambridge, and has a B.S. in Chemistry from the University of California, Berkeley. He has co-authored thirty (30) peer-reviewed publications and is a co-inventor on twenty-three (23) issued or pending patent applications.
"I'm thrilled to join the team at Paraza Pharma as Chief Scientific Officer. Paraza is a uniquely highly collaborative organization with exceptional scientists across various scientific disciplines. I'm excited to work closely with the team and our partners to find solutions to various challenges inherent to the drug discovery process" said Dr. Ndubaku.
About Paraza Pharma
Paraza Pharma is a Montreal, Canada based, fully integrated drug discovery organization passionately committed to contribute to the life sciences sector. As part of the growth strategy, it attracts worldwide best-in-class talent and continues to offer a unique collaborative model to help companies achieve their success milestones and accelerate their business growth.
Paraza Pharma Inc.:
Arshad Siddiqui, CEO
arshad.siddiqui@parazapharma.com
www.parazapharma.com
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SOURCE Paraza Pharma Inc. | https://www.mysuncoast.com/prnewswire/2022/06/27/dr-chudi-ndubaku-joins-paraza-pharma-chief-scientific-officer/ | 2022-06-27T11:31:18Z |
CHICAGO, July 22, 2022 /PRNewswire/ -- Just a short drive southwest of Chicago in Tinley Park, IL sits a town where an array of animals of every kind have been set loose this summer in the downtown.
There's no need to call Animal Control, though, because these particular creatures are made of wood and paint, part of the Village of Tinley Park's annual Benches on the Avenue public art program!
Featuring nearly two dozen animal-themed benches that you can actually sit on as well as admire, these wonderful works of art are on display now through October between 172nd and 174th streets along Oak Park Avenue in Downtown Tinley.
Since its debut in 2004, the Benches on the Avenue program has grown to become one the region's most popular public art displays, attracting thousands of visitors to Tinley Park each year. The colorful works of art feature the talents of both amateur and professional artists, who create their benches around a single unifying theme. This year, it's "Animal Adventure."
But while the theme may change every year, the joy the benches bring to visitors never does. Just ask local artist Marty Rose, co-creator of the "Savannah Cats" bench, who has been participating in the "Benches" program since the start.
"I see the satisfaction in a lot of people's eyes when they walk down this whole avenue and see all these benches," Rose said. "There are so many different creations, and every one of them is a new experience."
You don't have to be a Tinley Park resident to love the Benches, either. The Village has received many calls from people who live out of state who come every year to see them. Some even like to make it a fun scavenger hunt where they check off each one as they walk down Oak Park Avenue!
Whether it swims in the sea, walks on land or soars through the air, Oak Park Avenue in Downtown Tinley Park is the place to be this summer for those looking to get up close and personal with all kinds of creatures. All you'll need is a few friends, a camera and your imagination!
You really have to see them to believe them, so come out to Tinley Park, where music is in our DNA and we always live Life Amplified!
Learn more at www.TinleyPark.org/Benches, where you can watch a video of this year's Benches and see a brochure with locations for each.
CONTACT:
Jason Freeman
Public Information Specialist
(708) 444-5042 | jfreeman@tinleypark.org
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SOURCE Village of Tinley Park | https://www.kxii.com/prnewswire/2022/07/22/take-an-animal-adventure-tinley-park-il/ | 2022-07-22T20:50:19Z |
SAN FRANCISCO, June 6, 2022 /PRNewswire/ --
UNITED STATES DISTRICT COURT
NORTHERN DISTRICT OF CALIFORNIA
SAN FRANCISCO DIVISION
SUMMARY NOTICE OF PENDENCY OF CLASS ACTION
To: All persons who purchased Geron Corporation ("Geron") common stock during the period from March 19, 2018, to September 26, 2018, inclusive (the "Class Period"), and who were damaged thereby (the "Class").
YOU ARE HEREBY NOTIFIED, pursuant to Rule 23 of the Federal Rules of Civil Procedure and an Order of the United States District Court for the Northern District of California that the above-captioned action (the "Action") has been certified to proceed as a class action on behalf of the Class as defined above.
In the Action, Lead Plaintiffs allege that during the Class Period, Defendants Geron and John A. Scarlett made positive statements about the study data results of a Phase 2 clinical study (the IMbark study) involving the drug imetelstat—that the study's median overall survival, a secondary endpoint, suggested a potential benefit—while failing to disclose negative study data results of the IMbark study, namely that the IMbark study data was disappointing concerning one of the study's two primary endpoints, total symptom score ("TSS"), and that there were no complete remissions observed in the IMbark study data, in contrast to an earlier imetelstat pilot study. Defendants deny all of Lead Plaintiffs' allegations, and deny any wrongdoing or violation of law. Please note: at this time, there is no judgment, settlement, or monetary recovery. Trial in this Action is currently scheduled for October 31, 2022.
IF YOU ARE A MEMBER OF THE CLASS, YOUR RIGHTS WILL BE AFFECTED BY THIS ACTION. A full printed Notice of Pendency of Class Action (the "Notice") is currently being mailed to persons who have been identified as potential members of the Class ("Class Members"). If you have not yet received the full printed Notice, you may obtain a copy of the Notice by downloading it from www.GeronSecuritiesLitigation.com or by contacting the Notice Administrator, Epiq Class Action & Claims Solutions, at:
Geron Securities Litigation
c/o Epiq Class Action & Claims Solutions
P.O. Box 4574
Portland, OR 97208-4574
Info@GeronSecuritiesLitigation.com
1-844-754-5537
Inquiries, other than requests for the Notice, may be made to the following representatives of Class Counsel:
Laurence D. King, Esq.
KAPLAN FOX & KILSHEIMER LLP
1999 Harrison Street, Suite 1560
Oakland, CA 94612
1-800-290-1952
Jeffrey P. Campisi, Esq.
KAPLAN FOX & KILSHEIMER LLP
850 Third Avenue, 14th Floor
New York, NY 10022
1-800-290-1952
If you are a Class Member, you have the right to decide whether to remain a Class Member. If you want to remain a Class Member, you do not need to do anything at this time other than to retain your documentation reflecting your transactions and holdings in Geron common stock. If you are a Class Member and do not exclude yourself from the Class, you will be bound by the proceedings in the Action, including all past, present, and future orders and judgments of the Court, whether favorable or unfavorable. If you move, or if the Notice was mailed to an old or incorrect address, please send the Notice Administrator written notification of your new address.
If you ask to be excluded from the Class, you will not be bound by any order or judgment of this Court in this Action, however you will not be eligible to receive a share of any money which might be recovered for the benefit of the Class. To exclude yourself from the Class, you must submit a written request for exclusion postmarked no later than July 22, 2022 in accordance with the instructions set forth in the full printed Notice.
Further information regarding this notice may be obtained by writing to the Notice Administrator at the address provided above.
PLEASE DO NOT CONTACT THE COURT REGARDING THIS NOTICE.
BY ORDER OF THE COURT:
United States District Court for
the Northern District of California
SOURCE// Julia Junge and Richard Junge
URL// www.GeronSecuritiesLitigation.com
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SOURCE Julia Junge and Richard Junge | https://www.kxii.com/prnewswire/2022/06/06/lead-plaintiffs-class-representatives-julia-junge-richard-junge-announce-summary-notice-pendency-class-action-nasdaq-gern/ | 2022-06-06T12:56:03Z |
Braskem plans to expand its offering of certified circular polypropylene (PP) by utilizing Nexus Circular's proven, commercial-scale advanced recycling technology, which converts landfill-bound plastics into high-quality materials used in the production of virgin-quality circular plastics.
HOUSTON, July 11, 2022 /PRNewswire/ -- Nexus Circular and Braskem S.A. (B3: BRKM3, BRKM5, and BRKM6; NYSE: BAK; LATIBEX: XBRK) ("Braskem"), the largest polyolefins producer in the Americas, as well as a market leader and pioneer producer of biopolymers on an industrial scale, today announced that they have signed a detailed Memorandum of Understanding (MOU) to secure the production output from a new advanced recycling facility planned near Chicago, IL. The new facility will have an initial capacity to convert over 30,000 metric tons annually of used plastic into new materials, with the potential to rapidly expand the processing capacity to over 120,000 metric tons annually.
Nexus Circular is a commercial leader in advanced recycling that uses proprietary technology and a leading process design to convert landfill-bound films and other hard-to-recycle plastics into high-quality materials used to produce virgin-quality sustainable plastics. Since 2018, Nexus has been supplying consistent, on-spec commercial volumes of ISCC PLUS certified circular products. In January 2022, Braskem made a strategic investment in Nexus Circular.
By the terms of the MOU, Braskem gains exclusive rights to the production output from this new advanced recycling facility, which supports Braskem's strategic objective to sell 300 thousand metric tons of products with recycled content by 2025 and 1 million metric tons by 2030. Braskem America's CEO Mark Nikolich said, "With the new facility, we will leverage Nexus' proven, commercial advanced recycling technology to secure high-quality feedstock for the production of Braskem's certified circular PP resins. Braskem has dedicated substantial resources towards reducing plastic waste and is making significant progress towards a more sustainable portfolio of PP to support our clients' goals."
Eric Hartz, Nexus Circular's Co-founder, and President added, "Nexus is rapidly expanding our production footprint, beyond our current commercial plant, with leading companies. We are thrilled to have Braskem as a committed partner, in addition to being an investor, as we move decisively to address the outsized market demand for circular recycled products while helping to mitigate the plastic waste challenge."
Nexus' unique solution is end-to-end acquiring and converting used plastics into circular virgin-equivalent feedstock for meeting recycled plastics objectives. The Nexus process is energy efficient, delivers unprecedented product quality, and has diverted over 5.5 million lbs. of used plastics from landfills to date.
ABOUT NEXUS
Nexus Circular is an advanced recycling company at the center of the circular economy. We accelerate plastic recycling so that people, economies and the environment can thrive. We have a viable solution today that is circular, efficient and economical at full commercial scale. Through our end-to-end solution, we work with recycling organizations to capture used plastics, especially hard-to-recycle films, from landfill, having already diverted millions of pounds to date. By leveraging technology that outperforms, operations that scale and people that deliver, our proprietary technology and leading process design converts used plastics into clean high-quality, ISCC Plus certified materials for global companies who use them to produce virgin-quality circular plastics. We are on a trajectory to convert 1 billion+ lbs. annually of hard-to-recycle plastics into circular materials to support our global partners' 2025 sustainability commitments. Nexus Circular. Advanced Recycling. Accelerated. For more information, visit www.nexuscircular.com.
ABOUT BRASKEM
With a global vision of the future, oriented toward people and sustainability, Braskem is committed to contributing to the value chain for strengthening the circular economy. The petrochemical company's almost 8,000 team members dedicate themselves every day to improving people's lives through sustainable chemicals and plastics solutions. Braskem has an innovative DNA and a comprehensive portfolio of plastic resins and chemical products for diverse segments, such as food packaging, construction, manufacturing, automotive, agribusiness, healthcare, and hygiene, among others. With 41 industrial units in Brazil, the United States, Mexico, and Germany, Braskem exports its products to clients in more than 71 countries.
Braskem America, Inc. is an indirect wholly owned subsidiary of Braskem S.A. headquartered in Philadelphia. The company is the leading producer of polypropylene in the United States, with six production plants located in Texas, Pennsylvania, and West Virginia, an Innovation and Technology Center in Pittsburgh, and operations in Boston focused on leveraging groundbreaking developments in biotechnology and advanced materials. For more information, visit www.braskem.com/usa.
Braskem on English social media:
www.facebook.com/BraskemGlobal
www.linkedin.com/company/braskem
www.twitter.com/Braskem
FORWARD-LOOKING STATEMENT
This press release contains projections and other 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, and Section 21E of the Securities Exchange Act of 1934, as amended) regarding future events. These statements reflect Braskem's current beliefs and expectations with respect to Braskem's business, the economy and other future conditions and are based on assumptions, are subject to risk and uncertainties and are subject to change at any time. Actual events or results may differ materially from those contained in such forward-looking statements. Important factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: (i) the continuation of restrictions related to the COVID -19 Pandemic or the continuing effects of the Pandemic; (ii) the contraction or lack of growth in the market segments in which Braskem competes and in which its products are sold (iii) unexpected delays in commissioning, (iv) increased competition from imports or in the export markets, (v) inability to anticipate future market trends and the future needs of Braskem's customers, (vi) the impact of natural disasters on Braskem's facility and its suppliers and (vii) other factors detailed in documents Braskem files from time to time with the Securities and Exchange Commission. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
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SOURCE Braskem; Nexus Circular | https://www.wibw.com/prnewswire/2022/07/11/braskem-extends-relationship-with-nexus-circular-through-mou-commercial-off-take-circular-plastic-feedstocks-new-advanced-recycling-facility/ | 2022-07-11T13:03:01Z |
NEW YORK, June 7, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for KSS, GTLB, CELU, PLAY, and CNTX.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- KSS: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=KSS&prnumber=060720221
- GTLB: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=GTLB&prnumber=060720221
- CELU: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CELU&prnumber=060720221
- PLAY: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=PLAY&prnumber=060720221
- CNTX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CNTX&prnumber=060720221
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/06/07/thinking-about-buying-stock-kohls-gitlab-celularity-dave-amp-busters-or-context-therapeutics/ | 2022-06-07T13:18:51Z |
OSLO, Norway, Aug. 15, 2022 /PRNewswire/ -- Lytix Biopharma is pleased to announce that it will host a Capital Markets Day for investors, analysts and media on Wednesday, June 1, 2022
- The event will be open for physical attendance in Oslo, Norway, as well as a live webcast. It is scheduled to start at 14.00 CET, and is expected to last approximately two hours, including Q&A.
- Speakers will be Ted White, CEO of Verrica Pharmaceuticals Inc. ("Verrica"), Gary Goldenberg, CMO of Verrica, Aurelien Marabelle, visiting professor at Stanford University and an internationally recognized expert on intratumoral cancer treatment, and Øystein Rekdal, CEO of Lytix Biopharma.
- Verrica has an exclusive worldwide license agreement with Lytix to develop and commercialize its lead compound, LTX-315, for dermatologic oncology conditions, and the first patient has been dosed in Verrica's Phase II study evaluating LTX-315 for intratumoral treatment of basal cell carcinoma (skin cancer). At the CMD the focus will be on the rationale and current state-of-the-art regarding intratumoral treatment of cancer patients. Most of all, the agreement between Verrica and Lytix and the commercial opportunity for and clinical value of LTX-315 in treatment of cell carcinomas will be highlighted.
Further details of the agenda and registration details will follow.
Ole Peter Nordby, Head of IR & Communication Manager
Email: ole.peter.nordby@lytixbiopharma.com
Mobile: +47 412 87 179
This information was brought to you by Cision http://news.cision.com
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SOURCE Lytix Biopharma AS | https://www.wibw.com/prnewswire/2022/08/15/lytix-biopharma-host-capital-markets-day-june-1-2022/ | 2022-08-15T17:23:01Z |
- GV60 delivers world-first automotive technologies including Face Connect, a system enabling drivers to unlock and lock their vehicle securely with facial recognition, and available Genesis Digital Key 2 with Ultra Wideband (UWB) applicability
- Genesis collaborating with Electrify America to offer three years of 30-minute complimentary charging sessions
- Connected Care suite of services included as standard on GV60 and all new Genesis models from the 2023 model year onwards, with no expiration
- GV60 offered in two configurations, starts at MSRP of $58,890
FOUNTAIN VALLEY, Calif., May 17, 2022 /PRNewswire/ -- Today, Genesis Motor America announced the start of sales of its highly-anticipated first electric vehicle, GV60.
"Today we are pleased to begin our journey towards full electrification with the launch of GV60," said Claudia Marquez, chief operating officer of Genesis Motor North America. "We are excited that our American customers will be able to experience the innovative technologies, bold design, and extensive suite of complimentary services in this ground-breaking vehicle."
The Genesis GV60 enters the US market as a bold first step in the brand's move towards a lineup of fully electrified vehicles. It offers a number of available world-first automotive features, including Face Connect and a Crystal Sphere. These innovative features enable drivers to be even more connected with their vehicle, making GV60 the most personal and customizable Genesis model yet.
Face Connect is a feature that allows the vehicle to lock or unlock its doors without a key by recognizing the driver's face. Drivers only need to touch the door handle and show their face to the camera on the B-pillar. The feature can register up to two different drivers.
The feature uses a Near Infra-Red (NIR) camera to provide accurate facial recognition under virtually any circumstances – including in the dark or when the weather is cloudy. It also leverages deep learning technology to improve accuracy.
Face Connect can link to individual driver profiles so that the Head-Up-Display (HUD), driver's seat, steering wheel, side mirrors, and multimedia settings adjust automatically based on the driver's customized settings and preferences. This provides an even greater level of convenience for a seamless driving experience.
GV60's Fingerprint Authentication System allows drivers to start and drive the car without the need to carry a key.
The combination of these technologies will allow drivers to enjoy a brand new experience of using only biometric information to unlock and drive their vehicle.
Additionally, GV60 present's Genesis Digital Key 2 with Ultra Wideband (UWB) compatibility. Using sensors positioned around the vehicle, UWB allows drivers to automatically unlock their vehicle as they approach, with only their compatible Apple iPhone, Apple Watch or Samsung phone. The Digital Keys are paired using Apple Wallet and Samsung Pass. The vehicle intelligently recognizes the driver and automatically authenticates them, loading their customized vehicle preferences. Genesis Digital Key 2 also allows the vehicle owner to share keys with others. For example, a driver with an Apple device may share their key with another via iMessage, and also revoke access to the vehicle with the click of a button.
The Crystal Sphere is one of the most innovative elements of GV60. It is a bold and functional design, enabling drivers to operate their vehicle in a safe and comfortable manner. When the vehicle is turned off, the Crystal Sphere provides ambient lighting, adding to the aesthetic of the driving experience. When you're ready to drive, the sphere rotates and the shift-by-wire dial appears, creating an atmosphere of futuristic mobility.
GV60 will be offered in two packages in the United States. Initially, the 2023 Genesis GV60 will only be sold at select Genesis retailers in California, Connecticut, New Jersey, and New York. Customers may contact their Genesis retailer regarding availability.
The 2023 Genesis GV60 Advanced AWD, at a manufacturer's suggested retail price (MSRP) of $58,890, includes class-leading standard equipment and technologies. At Genesis, safety is never an option, and GV60's Advanced package includes the entire suite of available safety and advanced driver assistance systems. This package is comprehensively equipped with Face Connect, a 12.3-inch digital cluster and navigation system, vehicle-to-load charging, Bang & Olufsen® Premium Audio, and more.
The 2023 Genesis GV60 Performance AWD, at $67,890, adds a more powerful front electric motor (160kW, 429 HP), Boost Mode (up to 483 HP), nappa leather seating surfaces, the Ergo Motion massaging driver's seat, 21-inch wheels, and Genesis Digital Key 2 with Apple and Android compatibility.
Charging Solutions for a More Sustainable Future
In conjunction with the arrival of GV60 in the U.S. market, today, Genesis Motor America also announced an agreement with Electrify America to offer three years of 30-minute complimentary charging sessions from the date of vehicle purchase. Owners of the 2023 GV60 will have access to ultra-fast charging on Electrify America's coast-to-coast charging network and can seamlessly locate and access charging stations while on the road via the Genesis Connected Services and Electrify America mobile apps.
"As we take this step into our fully-electrified future, Genesis is pleased to be collaborating with Electrify America to deliver convenient charging solutions to our customers," said Marquez.
Connected Care – Now Standard with No Expiration
Starting with the launch of GV60 and continuing with all new 2023 models, Genesis vehicles now come included with Connected Care, with no expiration.
Connected Care provides an always-on connection allowing for peace-of-mind safety features like Automatic Collision Notification, Enhanced Roadside Assistance, and SOS Emergency Assistance when the vehicle has access to a cellular network connection. Additionally, a Monthly Vehicle Health Report, Maintenance and Diagnostic Alerts, as well as Vehicle Over-the-Air updates (GV60 only) are now included as standard.
The convenience features of Remote and Guidance packages will remain available with no additional charge for three years. GV60 also debuts Genesis Connected Services' all-new electric vehicle specific features such as Off Peak Charge Management, Schedule Climate Control and Start / Stop charging remotely.
Genesis Connected Services and Connected Care depend on and are subject to commercial LTE wireless network availability.
A More Sustainable Future Starts Today
The launch of GV60 represents just the first step towards full electrification for the Genesis brand. This summer, Genesis Motor America will launch the Electrified G80, its first fully-electric sedan.
Later this year, as part of Hyundai Motor Group's $7.4B U.S. investment in future mobility solutions, Genesis will begin production of the Electrified GV70 SUV at its manufacturing facility in Montgomery, Ala.. This will mark the first Genesis production in the United States and the first time a Genesis model will be produced outside of South Korea.
Genesis has committed that all new models launched will be fully-electrified starting in 2025, and that its entire vehicle lineup will be electric by 2030. Genesis is working to achieve carbon neutrality by 2035.
2023 GV60 Pricing & Packaging Summary
GV60 Advanced AWD
MSRP: $58,890 (excluding $1,090 freight)
GV60 Performance AWD
MSRP: $67,890 (excluding $1,090 freight)
Genesis Motor North America
At Genesis, we put the customer at the center of every decision we make. Genesis is a global automotive brand that delivers the highest standards of performance, design, safety, and innovation while looking towards a more sustainable future. Genesis designs customer experiences that go beyond products, embodying audacious, forward-thinking, and distinctly Korean characteristics within its unique Athletic Elegance design identity. With a growing range of award-winning models — including the 2022 MotorTrend SUV of the Year, GV70, along with G70, G80, G90, GV60, and GV80 — Genesis aims to lead the age of electrification by focusing on a dual electrification strategy involving fuel-cell and battery EVs, starting with its Electrified G80 and GV60 electric models. Genesis has stated its commitment to becoming a 100% electric vehicle brand by 2030 and to pursuing carbon neutrality by 2035.
Please visit our media site for the latest news at www.genesisnewsusa.com.
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SOURCE Genesis Motor America | https://www.wibw.com/prnewswire/2022/05/17/fully-electric-genesis-gv60-arrives-united-states/ | 2022-05-17T16:44:38Z |
Johnny Depp and Amber Heard’s court battle turns spotlight back on their careers
By Lisa Respers France, CNN
Actors Johnny Depp and Amber Heard, best known, perhaps, for their performances as a swashbuckler and a sea warrior, respectively, currently find themselves starring in a contentious defamation trial in Virginia.
Depp is suing Heard, his ex-wife, for $50 million as he alleges that she defamed him with a 2018 Washington Post op-ed in which she wrote about her experience with domestic violence.
Depp was not referred to by name in Heard’s piece, but he has said it’s cost him work.
In testimony this week, Depp was asked by his attorney about some of the film franchises he has starred in beyond his work as Capt. Jack Sparrow in the “Pirates of the Caribbean” films.
“Boy, um, ‘Alice in Wonderland’? I’m so pathetic when it comes to knowing what movies I’ve done. I’m sorry,” Depp said on the stand Monday. “I don’t watch them. I feel better not watching them. I couldn’t, um, I — what was the question?”
So, here’s a reminder for Depp of some of his more memorable roles, along with a highlight of some of Heard’s.
‘A Nightmare on Elm Street’
It wasn’t a break out role, but a then 21-year-old Depp played Glen in the 1984 horror film which went on to become a classic. His character, of course, was murdered in the film.
’21 Jump Street’
Depp had better success on the small screen.
He played Thomas “Tom” Hanson in the series about a group of police officers whose youthful looks allow them to work undercover as teens. It ran on Fox from 1987 to 1991.
“Hidden Palms”
Heard also got some attention in Hollywood playing a teenager.
She starred as Greta Matthews in the CW teen drama set in Palm Springs, California, which ran on the CW in 2007.
“The Playboy Club”
Another short-lived series starring Heard was NBC’s 2011 drama “The Playboy Club.”
Set in the 1960s, the series focused on a group of “Bunnies” who worked at Hugh Hefner’s Playboy Club in Chicago.
Heard portrayed the naive Maureen, who was adjusting to living and working in the big city.
“The Rum Diary”
That same year, “The Rum Diary” debuted in theaters.
Depp and Heard first met on the set of the film based on the Hunter S. Thompson novel of the same name in 2009.
“Edward Scissorhands”
By the time Heard and Depp crossed paths, he was already a bona fide movie star.
His role as a humanoid with scissors for hands was a hit in 1991 (the film was released in December 1990) and earned Depp acclaim, including a Golden Globe nomination for best actor in a musical or comedy.
“Alice in Wonderland”
Depp reunited with “Edward Scissorhands” director Tim Burton for the 2010 film “Alice in Wonderland.”
He played Tarrant Hightopp, the Mad Hatter.
“Aquaman”
Heard played the love interest to Jason Momoa’s Arthur Curry / Aquaman character in the 2018 DC superhero film.
She portrayed Mera, a princess and warrior. Heard will return in the film’s sequel, “Aquaman and the Lost Kingdom,” set to debut in 2023.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/entertainment/cnn-entertainment/2022/04/28/johnny-depp-and-amber-heards-court-battle-turns-spotlight-back-on-their-careers/ | 2022-04-28T18:01:57Z |
PITTSBURGH, Sept. 6, 2022 /PRNewswire/ -- "I wanted to develop a way to easily see the moveable scale patterns, and chord arpeggio's on the fret board of the guitar," said an inventor, from Kingsport, Tenn., "so I invented the FRETBOARD FOCUS. My design enhances learning by allowing the guitarist to focus directly on the neck of the instrument."
The patent-pending invention provides an effective new teaching tool for guitar players. In doing so, it can be used to learn a wide range of scales, chords, arpeggios, etc. As a result, it could help to improve technique and understanding of music theory and it eliminates the need to constantly look back to a book or cord chart. The invention features a practical design that is easy to apply and use so it is ideal for guitar players, music instructors, etc. Additionally, a prototype is available.
The original design was submitted to the Knoxville sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-KXX-349, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/09/06/inventhelp-inventor-develops-new-teaching-tool-guitar-players-kxx-349/ | 2022-09-06T14:31:29Z |
(NerdWallet) – Hundreds of thousands of borrowers made payments on their federal student loans since forbearance began in March 2020, taking advantage of the opportunity to pay down their balances.
Now that the White House has announced plans to cancel up to $20,000 in student loan debt, some of those borrowers may be wondering how to get a refund. The idea is that a refund of student loan payments could put cash in borrowers’ pockets and maximize the amount of canceled debt — but that may not be the best idea for everyone.
Here’s what you need to know.
Who can request a refund?
More than 40 million borrowers were allowed to pause their payments, interest-free, during the pandemic. The White House says up to 27 million people may be eligible for debt cancellation.
Those who made payments or paid off their federally held loans during the interest-free forbearance — by single payment or lump sum — are eligible for refunds. Any payment made since March 13, 2020, is eligible.
Private student loan payments aren’t included. Neither are payments made on some FFELP or Perkins loans.
Who should request a refund?
Qualified borrowers who have loan balances less than their maximum cancellation amount — $10,000, or $20,000 if you accepted a Pell Grant — and have made at least one payment during the pause may be rushing to request a refund to ensure they get the most relief possible.
However, only borrowers experiencing financial hardship should request a payment refund at this time, says Scott Buchanan, executive director of the Student Loan Servicing Alliance.
Buchanan says that because full details of the loan cancellation program have not yet been released, borrowers can’t be sure they’ll actually benefit from getting a refund on payments made at 0% interest.
Just as the cutoff for cancellation-eligible loans is set for those disbursed before July 2022, Buchanan warns borrowers that the Education Department may decide to cancel debt based on a balance at a date in the past as well. In that case, any refunded payments won’t help borrowers maximize their cancellation amount.
“What I worry about is people potentially taking money out, spending it on something and then it doesn’t apply,” Buchanan says.
He advises borrowers to sign up for updates with the Education Department for official information on when to request a refund — and whether it will even be beneficial.
How do I request a refund?
Starting the process for getting a refund on payments is relatively simple if you have the right information handy. You need:
- Your loan servicer’s phone number.
- Your Social Security number.
- Payment confirmation numbers or bank payment information.
- The address where you want your refund delivered.
You can likely find payment confirmation numbers on your loan servicer account portal under your payment history. Each payment has a unique identification number that will allow the servicer representative to apply your refund accurately. You can find your bank transaction dates or check numbers on your bank account portal.
The first step is to call your loan servicer. Your loan servicer representative could ask for your Social Security number to pull up your account. After they verify your account and identity, let them know you want to request a refund on payments made during the interest-free forbearance period.
Expect long hold times, Buchanan says.
The representative will ask you which payments, specifically, you want refunded. To make this go quickly and smoothly, be prepared to provide them with the applicable payment confirmation numbers or transaction numbers.
You will also need to confirm your address on file: Refunds could come via check or electronically.
Then, the representative will submit the request on your behalf and provide you with a confirmation.
When will I get my money back?
If you don’t get your refund electronically, you will receive a check in six to 12 weeks. You will also see your loan balance increase by your refunded amount in that time frame. | https://cw33.com/news/nexstar-media-wire/should-you-ask-for-a-refund-on-student-loan-payments/ | 2022-08-30T22:39:35Z |
PITTSBURGH, April 25, 2022 /PRNewswire/ -- "We wanted to create a clean and attractive covering for an RV sewer hose," said one of two inventors, from Warren, Ohio, "so we invented the BETTER LOOK. Our design would help to conceal this eyesore and it would make the RV and campsite look fresher and more presentable."
The patent-pending invention provides an attractive way to conceal the flexible sewer hose of an RV. In doing so, it offers an alternative to having the sewer hose exposed along the ground. As a result, it enhances the appearance of a campsite and it could provide added protection. The invention features an attractive design that is easy to apply so it is ideal for the owners of RV's and camping enthusiasts. Additionally, it is producible in design variations.
The original design was submitted to the Philadelphia sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-PDK-181, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/04/25/inventhelp-inventors-develop-attractive-covering-rv-sewer-hoses-pdk-181/ | 2022-04-25T16:40:34Z |
Police investigating incident between fan, referee at football game in Arkansas
Published: Sep. 10, 2022 at 12:58 AM CDT|Updated: 30 minutes ago
LEPANTO, Ark. (KAIT/Gray News) - Lepanto police are investigating an incident after things got a little heated at a high school football game.
KAIT caught the moment on camera at the East Poinsett County vs. Walnut Ridge football game:
After a referee told the crowd to quiet down, an older man stepped onto the field, which led to a heated argument.
It does not appear anyone was hurt, and the man was told to leave the game.
Copyright 2022 KAIT via Gray Media Group. All rights reserved. | https://www.kxii.com/2022/09/10/police-investigating-incident-between-fan-referee-football-game-arkansas/ | 2022-09-10T06:29:16Z |
WASHINGTON (AP) — Slightly fewer Americans filed for unemployment benefits last week as the labor market continues to stand out as one of the strongest segments of the U.S. economy.
Applications for jobless aid for the week ending August 13 fell by 2,000 to 250,000, the Labor Department reported Thursday. Last week’s number, which raised some eyebrows, was revised down by 10,000.
The four-week average for claims, which evens out some of the week-to-week volatility, fell by 2,750 to 246,750.
The number of Americans collecting traditional unemployment benefits increased by 7,000 the week that ended August 6, to 1.43 million. That’s the most since early April.
Unemployment applications generally reflect layoffs and are often seen as an early indicator of where the job market is headed.
Hiring in the United States in 2022 has been remarkably resilient in the face of rising interest rates and weak economic growth.
The Labor Department reported earlier this month that U.S. employers added 528,000 jobs in July, more than double what forecasters had expected. The unemployment rate dipped to 3.5%, tying a 50-year low reached just before coronavirus pandemic slammed the U.S. economy in early 2020.
The United States recovered with unexpected strength from 2020′s COVID-19 recession, leaving businesses scrambling to find enough workers.
That’s not to say the U.S. economy doesn’t face challenges. Consumer prices have been surging, rising 8.5% in July from a year earlier — down slightly from June’s 40-year high 9.1%. To combat inflation, the Federal Reserve has raised its benchmark short-term interest rate four times this year.
Higher borrowing costs have taken a toll. The economy contracted in the first half of the year — one measure suggesting the onset of a recession. But the strength of the job market has been inconsistent with an economic downturn. | https://cw33.com/business/ap-business/fewer-americans-file-for-jobless-benefits-last-week/ | 2022-08-18T14:58:28Z |
Model and TV personality Chrissy Teigen announced Wednesday that she and her husband, musician John Legend, are expecting a baby.
"We have another one on the way," she wrote in a post on her Instagram account showing off her baby bump, later adding, "so far, everything is perfect and beautiful and I'm feeling hopeful and amazing."
Teigen and Legend have been married for almost 9 years and have two children, Luna and Miles.
"The last few years have been a blur of emotions to say the least, but joy has filled our home and hearts again," Teigen, 36, wrote, appearing to refer to her miscarriage in 2020.
The couple has previously said that their first 2 children were conceived through in vitro fertilization and in her announcement Wednesday, Teigen said the new baby is on the way "1 billion shots later."
Teigan had been hesitant to announce the pregnancy, she said.
"Every appointment I've said to myself, 'ok if it's healthy today I'll announce' but then I breathe a sigh of relief to hear a heartbeat and decide I'm just too nervous still," she wrote.
"OK phew," she wrote, "it's been very hard keeping this in for so long!"
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/chrissy-teigen-announces-she-and-john-legend-are-expecting-another-baby/article_9dca5d0b-30de-59ab-9f9c-21163cdfc029.html | 2022-08-04T03:54:12Z |
MONTREAL, Aug. 5, 2022 /PRNewswire/ - Lightspeed Commerce Inc. ("Lightspeed" or the "Company") (TSX: LSPD) (NYSE: LSPD), the one-stop commerce platform for merchants around the world to simplify, scale and create exceptional customer experiences, today announced the voting results for the items of business put forth by the Company at its annual and special shareholders meeting held on August 4th, 2022 (the "Meeting").
1. Election of Directors
The eight (8) candidates proposed as directors were duly elected directors of the Company by a majority of the votes cast by the shareholders present or represented by proxy at the Meeting, as follows:
2. Appointment of Auditors
A ballot was conducted with respect to the appointment of PricewaterhouseCoopers LLP ("PwC") as the Company's auditors. According to the proxies received and ballots cast, PwC was appointed the Company's auditors with the following results:
Votes For: 94,302,444 (99.90%)
Votes Withheld: 95,741 (0.10%)
3. Advisory Vote on Executive Compensation
A ballot was conducted with respect to approving an advisory, non-binding resolution on the Company's approach to executive compensation as more fully described in the Company's management information circular. According to the proxies received and ballots cast, such advisory, non-binding resolution on the Company's approach to executive compensation was approved with the following results:
Votes For: 63,985,334 (69.26%)
Votes Against: 28,399,369 (30.74%)
The board of directors of the Company (the "Board") was pleased to see majority support in favor of the Company's approach to executive compensation. The Board and management took steps to understand shareholder concerns and address them in advance of this vote, as noted in the Company's most recent management information circular, but will further engage with shareholders to listen to any concerns with the Company's approach to executive compensation.
4. Forum Selection By-Law
A ballot was conducted with respect to approving a resolution of the shareholders approving a forum selection by-law as more fully described in the Company's management information circular. According to the proxies received and ballots cast, such resolution to approve a forum selection by-law was approved with the following results:
Votes For: 50,919,494 (55.12%)
Votes Against: 41,465,209 (44.88%)
Final voting results on all matters voted at the Meeting are available on Lightspeed's website and on SEDAR at www.sedar.com and EDGAR at www.sec.gov.
Powering the businesses that are the backbone of the global economy, Lightspeed's one-stop commerce platform helps merchants innovate to simplify, scale and provide exceptional customer experiences. Our cloud commerce solution transforms and unifies online and physical operations, multichannel sales, expansion to new locations, global payments, financial solutions and connection to supplier networks.
Founded in Montréal, Canada in 2005, Lightspeed is dual-listed on the New York Stock Exchange (NYSE: LSPD) and Toronto Stock Exchange (TSX: LSPD). With teams across North America, Europe and Asia Pacific, the company serves retail, hospitality and golf businesses in over 100 countries.
For more information, please visit: www.lightspeedhq.com
On social media: LinkedIn, Facebook, Instagram, YouTube, and Twitter
This news release may include forward-looking information and forward-looking statements within the meaning of applicable securities laws ("forward-looking statements"). Forward-looking statements are statements that are predictive in nature, depend upon or refer to future events or conditions and are identified by words such as "will", "expects", "anticipates", "intends", "plans", "believes", "estimates" or similar expressions concerning matters that are not historical facts. Such statements are based on current expectations of Lightspeed's management and inherently involve numerous risks and uncertainties, known and unknown, including economic factors. A number of risks, uncertainties and other factors may cause actual results to differ materially from the forward-looking statements contained in this news release, including, among other factors, those risk factors identified in our most recent Management's Discussion and Analysis of Financial Condition and Results of Operations, under "Risk Factors" in our most recent Annual Information Form, and in our other filings with the Canadian securities regulatory authorities and the U.S. Securities and Exchange Commission, all of which are available under our profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov. Readers are cautioned to consider these and other factors carefully when making decisions with respect to Lightspeed's subordinate voting shares and not to place undue reliance on forward-looking statements. Forward-looking statements contained in this news release are not guarantees of future performance and, while forward-looking statements are based on certain assumptions that Lightspeed considers reasonable, actual events and results could differ materially from those expressed or implied by forward-looking statements made by Lightspeed. Except as may be expressly required by applicable law, Lightspeed does not undertake any obligation to update publicly or revise any such forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Lightspeed Commerce Inc. | https://www.kxii.com/prnewswire/2022/08/05/lightspeed-announces-voting-results-its-annual-special-shareholders-meeting/ | 2022-08-05T20:36:46Z |
CHICAGO, Aug. 31, 2022 /PRNewswire/ -- United will present at the Cowen 15th Annual Global Transportation & Sustainable Mobility Conference on Wednesday, September 7, beginning at 10:20 a.m. CT / 11:20 a.m. ET.
The live webcast will be available on the investor relations section of United's website at ir.united.com. The company will archive the audio webcast on the website within 24 hours of the presentation, and the webcast will be available for a limited time.
About United
United's shared purpose is "Connecting People. Uniting the World." From our U.S. hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C., United operates the most comprehensive global route network among North American carriers. United is bringing back our customers' favorite destinations and adding new ones on its way to becoming the world's best airline. For more about how to join the United team, please visit www.united.com/careers and more information about the company is at www.united.com. United Airlines Holdings, Inc., the parent company of United Airlines, Inc., is traded on the Nasdaq under the symbol "UAL".
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SOURCE United Airlines | https://www.mysuncoast.com/prnewswire/2022/08/31/united-airlines-present-cowen-15th-annual-global-transportation-amp-sustainable-mobility-conference/ | 2022-08-31T14:11:12Z |
KEY HIGHLIGHTS
- Carrier's EcoHome Program will help match consumers with Inflation Reduction Act-eligible, energy-efficient HVAC solutions
- Program offers special low-rate financing options to amplify cost savings available from federal programs and Carrier Cool Cash promotions – up to $3,750 in certain instances
- Carrier will also invest in development of new energy-efficient heat pump solutions and designate U.S. facility as a Center of Excellence for high-efficiency heat pump production
INDIANAPOLIS, Aug. 24, 2022 /PRNewswire/ -- Against the backdrop of the ambitious new Inflation Reduction Act, which provides Americans with access to $370 billion for clean energy investments in the form of tax credits, incentives and rebates to improve energy efficiency, Carrier has launched its new Carrier EcoHome Program. Designed to help homeowners, home builders and HVAC contractors best utilize the long-term tax credits available, the program also helps consumers further maximize savings while improving sustainability. Carrier Global Corporation (NYSE:CARR) is the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions.
Carrier's EcoHome Program features strategic financing options available only through Carrier's network of experienced dealers. For qualified buyers in 2023, the new Carrier EcoHome Program will offer low-rate financing on eligible high-efficiency products such as Carrier's Infinity® series air conditioners and heat pumps. Additionally, consumers may qualify for up to $1,750 of additional savings with Carrier's Cool Cash seasonal program offered by most Carrier Factory Authorized Dealers. Eligible buyers have the potential to increase system savings from $300 up to $3,750 or more on certain high-efficiency heat pump systems through a combination of Inflation Reduction Act incentives and Carrier's Cool Cash offerings.
Eligible products include Carrier's Infinity 24 heat pump with Greenspeed® intelligence. These solutions can lower heating and cooling costs, saving consumers up to 20% annually, while reducing greenhouse gas emissions by up to 13 metric tons over their average lifespan.1 The Carrier rebates and financing options available through its dealer network, coupled with federal incentives related to energy-efficient models, present consumers with a win-win of sustainable, cost-effective heating and cooling solutions.
"The unprecedented incentives available present consumers with a compelling opportunity to replace any aging, lower-efficiency HVAC systems with advanced, high-efficiency technology at a fraction of the cost," said Chris Nelson, President, HVAC, Carrier. "The cost savings are measurable – for both the initial purchase and monthly energy costs – as are the environmental benefits. Recent studies have shown that if all single-family homes in the U.S. adopted heat pumps, the total annual emissions reduction would be at least 160 million metric tons – equivalent to taking 32 million cars off the road. The support of the Administration and Congress to encourage this shift to climate-friendly technologies signals an important step forward, and Carrier is committed to doing its part to drive progress."
In anticipation of an expected increase in consumer demand, Carrier is also designating its Collierville, Tennessee facility as its Center of Excellence for high-efficiency heat pump production and will invest in the development of new energy-efficient, low Global Warming Potential (GWP)-refrigerant heat pump solutions. Carrier has already committed to investing $2 billion by the end of 2030 on sustainable solution innovation, with a focus on more energy-efficient air conditioning systems, lower-GWP refrigerants and refrigerant alternatives, and electric heat pumps.
Consumers can also turn to the experts at Carrier for educational resources about the various tax credits available, including:
- Nonbusiness Energy Property Credit: Provides a tax credit to homeowners equal to 30% of installation costs for the highest efficiency tier products, up to a maximum of $600 for qualified air conditioners and furnaces, and a maximum of $2,000 for qualified heat pumps effective Jan. 1, 2023.
- Residential Energy Efficient Property Credit: Provides a tax credit to homeowners equal to 30% of installation costs for ENERGY STAR® geothermal products.
- New Energy Efficient Home Credit: Provides tax credits to building contractors for meeting specific, energy-savings criteria. The tax credits for ENERGY STAR 3.1 certified housing are $2,500 for single-family homes and $500 for multi-family units. For meeting the Department of Energy's Zero Energy Ready requirements, the tax credit increases to $5,000 for single-family and $1,000 for multi-family residences.
- High-Efficiency Electric Home Rebate Program: Provides income-depending rebates of up to $8,000 for all-electric heat pumps to eligible homeowners.
To learn more about the Carrier EcoHome Program, the Inflation Reduction Act and eligible solutions, visit carrier.com or find an expert dealer near you.
About Carrier
Founded by the inventor of modern air conditioning, Carrier is a world leader in high-technology heating, air-conditioning and refrigeration solutions. Carrier experts provide sustainable solutions, integrating energy-efficient products, building controls and energy services for residential, commercial, retail, transport and food service customers. Carrier is a part of Carrier Global Corporation, the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions. For more information, visit carrier.com or follow @CarrierAtHome on Twitter.
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SOURCE Carrier | https://www.kxii.com/prnewswire/2022/08/24/new-carrier-ecohome-program-helps-maximize-inflation-reduction-acts-impact-consumers-planet/ | 2022-08-24T15:39:47Z |
NEW YORK, April 25, 2022 /PRNewswire/ -- Pomerantz LLP announces that a class action lawsuit has been filed against Embark Technology, Inc. f/k/a Northern Genesis Acquisition Corp. II ("Embark" or the "Company") (NASDAQ: EMBK; EMBKW) (NYSE: NGAB.U; NGAB; NGAB WS) and certain of its officers. The class action, filed in the United States District Court for the Northern District of California, and docketed under 22-cv-02090, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Embark securities between January 12, 2021 and January 5, 2022, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act") and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.
If you are a shareholder who purchased or otherwise acquired Embark securities during the Class Period, you have until May 31, 2022 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Robert S. Willoughby at newaction@pomlaw.com or 888.476.6529 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
Embark develops self-driving software solutions for the trucking industry in the U.S. The Company was originally a special purpose acquisition company, also called a blank-check company, which is a development stage company that has no specific business plan or purpose or has indicated its business plan is to engage in a merger or acquisition with an unidentified company or companies, other entity, or person.
On November 10, 2021, the Company consummated a merger transaction with Embark Trucks Inc., a Delaware corporation ("Legacy Embark"), whereby, among other things, the Company changed its name from "Northern Genesis Acquisition Corp. II" to "Embark Technology, Inc." (the "Business Combination").
The complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (i) the Company had performed inadequate due diligence into Legacy Embark; (ii) Legacy Embark and the Company following the Business Combination held no patents and an insignificant amount of test trucks; (iii) accordingly, the Company had overstated its operational and technological capabilities; (iv) as a result of all the foregoing, the Company had overstated the business and financial prospects of the Company post-Business Combination; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
On January 6, 2022, The Bear Cave published a short report entitled "Problems at Embark Technology (EMBK)" (the "Bear Cave Report"). The Bear Cave Report alleged, among other issues, "that Embark appears to lack true economic substance" and that its "current evaluation appears to be based on puffery rather than actual substance", noting that "[t]he company holds no patents, has only a dozen or so test trucks, and may be more bark than bite."
On this news, Embark's stock price fell $1.37 per share, or 16.75%, to close at $6.81 per share on January 6, 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. 7980
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SOURCE Pomerantz LLP | https://www.wibw.com/prnewswire/2022/04/25/shareholder-alert-pomerantz-law-firm-reminds-shareholders-with-losses-their-investment-embark-technology-inc-fka-northern-genesis-acquisition-corp-ii-class-action-lawsuit-upcoming-deadline-embk-embkw-ngabu-ngab-ngab-ws/ | 2022-04-25T16:43:36Z |
FWC says man was swimming when he was attacked by an alligator at Lake Manatee Fishing Camp in Myakka City
MYAKKA CITY, Fla. (WWSB) - The water at the Lake Manatee Fish Camp is usually very calm, but there is danger lurking with plenty of gators.
“They usually move way before you’re close to them, they just want to get out of the way,” said Jonathan McPherson, a boater at Lake Manatee. “If the guy was swimming somewhere where he shouldn’t have been, then I understand why that happened.”
43-year-old Eric Merda of Sarasota finding out the hard way after being attacked by an alligator. Witnesses say he lost a large part of his arm. Wildlife expert Justin Matthews says based on the severity of the injury, it was most likely a good sized gator.
“A six-footer can rip your arm off, this alligator here being that close to people, I think someone has fed him before,” said Matthews.
FWC says Merda was swimming in the water. Experts are urging people to not swim in these types of bodies of water.
“The way they hunt, they lie on the bottom about 7 or 8 feet from the water’s edge, have these sensors on the end of their snout,” said Matthews. “When the sensors say there’s something out there, they just take one jump, grab it, take it back in.”
Merda was flown to Sarasota Memorial Hospital to be treated for his injuries. His condition is unknown at this time. McPherson says this won’t stop him and others from enjoying these waters.
“I personally carry a gun, I’m more worried about water moccasins than gators,” said McPherson.
FWC says they are still working on trapping this gator. They are continuing with their investigation.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/07/22/fwc-says-man-was-swimming-when-he-was-attacked-by-an-alligator-lake-manatee-fishing-camp-myakka-city/ | 2022-07-22T00:20:07Z |
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