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Company poised for global growth in its mission to bring AI to grids and electricity markets
HOUSTON, May 5, 2022 /PRNewswire/ -- Amperon Holdings, Inc., the leader in AI-powered grid forecasts, today announced $7 million in Series A funding led by HSBC Asset Management (NYSE: HSBC), out of its new Climate Tech Venture Capital Fund. Proven to have the most accurate demand forecasts in the industry, Amperon is a critical tool for electricity market participants to address the growing issues of grid reliability and sustainability. The Series A brings Amperon's total funding to $10 million.
With the advent of renewable energy, smart meters, battery storage, electric vehicles, and extreme weather events, power markets have become increasingly complex and volatile. Meanwhile, the tools to predict demand, an essential part of balancing the grid, have lagged behind.
"I've been in this industry for seventeen years, and the tools companies currently use are completely ineffective to tackle the energy transition," said Sean Kelly, CEO and co-founder of Amperon. "We need a grid that runs on AI to keep up with these exponential changes. This partnership with HSBC means we can expand our presence to reach every electricity market participant."
"We are excited to have Amperon in our new climate tech fund," said Michael D'Aurizio, investment director at HSBC Asset Management. "There has been major underinvestment in utilities who still rely on legacy tools for their demand forecasting needs. However, power grids have taken on more intermittent renewables, flexible demand, and dealing with increasingly volatile weather. This poses a risk management challenge. Amperon's laser-precise forecasts are critical building blocks that address the changes taking place on the grid and the need for net-zero emissions."
Amperon is bringing its energy expertise and machine learning data science to solve these major problems – a combination never seen in the market before. "We believe that the energy world has been vastly underserved by the smartest AI minds and we intend to bring the two together," said Abe Stanway, CTO and co-founder of Amperon.
Already active throughout the US, Canada, and Australia, Amperon will be using this funding to bring their AI-enabled, electricity demand analytics to new markets in Europe and Asia and broaden their customer base to utilities, virtual power plants, commercial and industrial customers, and grid operators who are in desperate need of innovation in the face of increasingly volatile energy supply and changing demand patterns. Other participants in the round included Riverstone Holdings, Muus Asset Management, Climate Capital, and Kiran Bhatraju, CEO of Arcadia.
Current customers are already aware how instrumental Amperon is to their daily operations:
"Our virtual power plant utilizes precise forecasts and analytics that Amperon helps deliver. We are excited to continue growing with them as our trading desk partner."
- Matt Duesterberg, Founder and President at OhmConnect
"Amperon's innovative modeling approaches produce high quality demand forecasts for the Australian NEM."
- Michael Davidson, Manager Operational Forecasting, Australian Energy Market Operator
"We use Amperon's forecasting platform every day to help make better-informed decisions and to optimize our portfolio. It's been a pivotal tool in our decision-making."
- Trader at Orsted, the world's largest developer of offshore wind farms
About Amperon
Amperon Holdings, Inc. is a technology company based out of Houston that builds AI-powered electricity analytics for energy market participants. Founded in 2018 by a seasoned data engineer and a veteran energy trader, Amperon serves electricity retailers, energy traders, grid operators, and utilities worldwide. Its mission is to bring AI to global grids in the service of grid reliability, risk management, and sustainability.
About HSBC Asset Management
HSBC Asset Management, the investment management business of the HSBC Group, invests on behalf of HSBC's worldwide customer base of retail and private clients, intermediaries, corporates and institutions through both segregated accounts and pooled funds. HSBC Asset Management connects clients to investment opportunities around the world through an international network of offices in 25 countries and territories, delivering global capabilities with local market insight. As of 31 March 2021, HSBC Asset Management managed assets totaling US$621bn on behalf of its clients. For more information, see www.assetmanagement.hsbc.com/uk.
HSBC Asset Management is the brand name for the asset management business of HSBC Group, which includes the investment activities provided through HSBC Global Asset Management (USA) Inc.
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SOURCE Amperon | https://www.kxii.com/prnewswire/2022/05/05/amperon-raises-7-million-series-led-by-hsbc-asset-management/ | 2022-05-05T15:33:57Z |
The only RTOS used in a Multicore Certification to DO-178C and CAST-32A now is available for the latest Intel Core Processor
SANTA BARBARA, Calif., June 8, 2022 /PRNewswire/ -- Green Hills Software announced today that it has extended its certified multicore support of the INTEGRITY®-178 tuMP™ safety-critical real-time operating system (RTOS) to the 11th Gen Intel® Core™ i7 processor (formerly Tiger Lake). INTEGRITY-178 tuMP is the only RTOS to be part of the certification of a multicore system to DO-178C and CAST-32A multicore requirements. Green Hills Software has extended INTEGRITY-178 tuMP RTOS' long-standing support for Intel processors to single board computers and systems with the latest Intel Core i7 processor, including the AMMP-304-01 mission computer from Mercury Systems.
The 11th Gen Intel Core i7 processor can deliver up to 40x better performance than traditional safety-certifiable processors when all four processor cores are active and used efficiently. Certification to RTCA/DO-178C airworthiness is very difficult for multicore processors due to the unpredictable behavior resulting from shared resource contention among processor cores. The requirements for addressing that multicore interference are specified in the CAST-32A multicore position paper. The INTEGRITY-178 tuMP RTOS is the only operating system to be part of a successful multicore certification to DO-178C and CAST-32A objectives. Avionics computers certified to DO-178C objectives using other operating systems have only one core active in a multicore processor, with the other cores typically held in reset.
"We are pleased to expand our collaboration with Green Hills Software through its support of our latest Gen 11 Core i7 CPU in safety-critical avionics," said Tony Franklin, GM Federal and Aerospace Group, Intel Corporation. "The high performance of our latest processor in safety-critical airborne systems can only be realized with an operating system that supports full multicore utilization in a certifiable way. Green Hills Software has a demonstrated track record of multicore certifications."
"Our SOSA™ aligned DAL-certifiable 3U OpenVPX AMMP mission computer leverages 11th Gen Intel Core i7 processors to accelerate avionics applications and deploy them faster," said Jay Abendroth, vice president, Mercury Mission. "Combined with the Green Hills INTEGRITY-178 tuMP RTOS, the mission computer enables customers to leverage the latest commercial multicore technology to ensure rapid and successful safety certification."
The INTEGRITY-178 tuMP high-assurance RTOS from Green Hills Software is the only RTOS that has actually been part of a multicore system certified to DO-178C airborne safety requirements. INTEGRITY-178 tuMP is a multicore RTOS with support for running a multi-threaded DAL A application across multiple processor cores in symmetric multi-processing (SMP) or bound multi-processing (BMP) configurations, as well as supporting the more basic asymmetric multi-processing (AMP). INTEGRITY-178 tuMP was the first RTOS to be certified conformant to the FACE Technical Standard, edition 3.0, and it is the only RTOS with multicore interference mitigation for all shared resources, enabling the system integrator to meet CAST-32A objectives. Multicore interference happens when more than one processor core attempts simultaneous access to a shared resource, such as system memory, I/O, or the on-chip interconnect. To further ease compliance to CAST-32A, Green Hills provides bandwidth allocation and monitoring (BAM) functionality in INTEGRITY-178 tuMP that ensures that critical applications get their allocated access to shared resources in order to meet their required deadlines, significantly lowering integration and certification risk. Together, the flexible multi-processing architecture and multicore interference mitigation enable a system integrator to maximize multicore processor performance while meeting safety and security requirements.
Founded in 1982, Green Hills Software is the worldwide leader in embedded safety and security. In 2008, the Green Hills INTEGRITY-178 RTOS was the first and only operating system to be certified by NIAP (National Information Assurance Partnership comprised of NSA & NIST) to EAL 6+, High Robustness, the highest level of security ever achieved for any software product. Our open architecture, integrated development solutions address deeply embedded, absolute security and high-reliability applications for the military/avionics, medical, industrial, automotive, networking, consumer and other markets that demand industry-certified solutions. Green Hills Software is headquartered in Santa Barbara, CA, with European headquarters in the United Kingdom. Visit Green Hills Software at www.ghs.com.
Green Hills, the Green Hills logo, INTEGRITY and tuMP are trademarks or registered trademarks of Green Hills Software in the U.S. and/or internationally. All other trademarks are the property of their respective owners.
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SOURCE Green Hills Software | https://www.wibw.com/prnewswire/2022/06/08/green-hills-software-extends-safety-critical-multicore-rtos-11th-gen-intel-core-i7/ | 2022-06-08T13:09:19Z |
Rain and snow showers with more thunderstorms for Memorial Day
TONIGHT: Rain showers in the valleys and snow showers in the mountains are seen right now across the region and they will look to continue to be there for the rest of the night into the early morning hours tomorrow. Winds are pretty breezy currently up to 25 mph, but winds should calm down to be between 5-10 mph. Low temperatures will go down to the 30's and lower 40's for the early morning.
TOMORROW: Scattered mountain snow showers and valley rain showers and thunderstorms continue throughout the day for Monday on Memorial Day. Winds will look to be slightly breezy between 10-20 mph. High temperatures decrease into Monday and only get up to the 40's.
LONG TERM: The rain and snow showers persist for one more day on Tuesday, but showers will be more isolated than Sunday and Monday. Accumulation totals look to be almost an inch of rain for all of the valleys with the potential for almost a foot of snow for the mountains in central ID and western WY. Dry weather comes with nice sunny skies for Wednesday and Thursday. Friday presents a return to more rain showers for the mountains and this threat will look to continue into next weekend. Winds will be calm for most of the week until Friday when winds look to be slightly breezy again between 10-20 mph. High temperatures increase starting on Tuesday and will look to increase for most of the work week. By Friday, high's are back to the 70's and lower 80's. For next weekend, high's slightly decrease back to the 60's and 70's.
WATCHES/WARNINGS:
WINTER WEATHER ADVISORY REMAINS IN EFFECT UNTIL NOON MDT
MONDAY for Backcountry locations of the Central Mountains around
Clayton, Stanley, Ketchum, Sun Valley, Galena, Copper
Basin, and Emigration Summit.
WINTER WEATHER ADVISORY REMAINS IN EFFECT FROM 6 PM SUNDAY TO
3 PM MDT MONDAY for Yellowstone National Park and Teton and Gros Ventre
Mountains.
WINTER WEATHER ADVISORY REMAINS IN EFFECT UNTIL 9 AM MDT
MONDAY ABOVE 6500 FEET for Bannock Pass and Lemhi Pass; backcountry areas across
the Lemhi Range and Beaverhead Mountains.
FLOOD ADVISORY FOR SNOWMELT REMAINS IN EFFECT UNTIL FURTHER
NOTICE for Big Wood River at Hailey.
LAKE WIND ADVISORY REMAINS IN EFFECT FROM 8 AM THIS MORNING TO
9 PM MDT THIS EVENING for American Falls Reservoir. | https://localnews8.com/weather/local-forecast/2022/05/29/rain-and-snow-showers-with-more-thunderstorms-for-memorial-day/ | 2022-05-29T21:39:28Z |
Devon Rodriguez, the most followed visual artist on TikTok, teaches the skills needed to bring an oil painting to life—from concept to final product—in 30 days
SAN FRANCISCO, Aug. 11, 2022 /PRNewswire/ -- MasterClass, the streaming platform where anyone can learn from the world's best across a wide range of subjects, today announced that artist Devon Rodriguez is joining Sessions by MasterClass, a structured, 30-day curriculum where members learn meaningful skills through hands-on experience, step-by-step demonstration and an engaged community. For members who are either new to painting or more experienced, Rodriguez will break down his creative process and share artistic techniques for visualizing and creating an oil portrait painting in 30 days. Enrollment for Rodriguez's session is available starting today; the session goes live Sept. 2.
"Devon's hyperrealistic drawings of everyday people made him one of the most viewed artists of our era," said David Rogier, founder and CEO of MasterClass. "In his session, Devon will demonstrate how he's progressed in art to showcase how anyone can learn to paint. Devon will teach members—whether beginner, intermediate or advanced artists—how to use his techniques to create portraits they are proud of."
In his session, Rodriguez will take members from sketch conception to final product while sharing the painting techniques he's developed over the course of his creative journey. Members will leave the session with their own 9-by-12-inch oil portrait painting, guided by Rodriguez's step-by-step approach and empowered by a community of peers over the course of 30 days. The session is broken down into seven sections:
- Starting Your Process: Rodriguez will share his artistic journey and inspire members to start their own, helping them build their supply kit and choose the photo that they will draw and paint throughout the session.
- Portrait Drawing: Members will learn how Rodriguez approaches the sketching phase of his portraits, breaking down two methods—charcoal tracing and grid line drawing.
- Color Mixing: Rodriguez will guide members through the fundamental nuances of the color wheel, as they practice mixing primary, secondary and complimentary colors. During this section, members will build upon their portrait using these new techniques.
- Painting Eyes, Hair and Shadows: Members will continue developing their portraits by applying Rodriguez's tips for painting realistic eyes, hair and shadows. He will also discuss his foundational technique—painting alla prima to create a mosaic-look to the piece.
- Painting the Lips, Nose and Ears: Rodriguez will demonstrate how to fill in key facial feature details, guiding members through painting the lips, blending in the nose and adding depth to the ears.
- Painting the Neck, Shirt and Background: Members will complete their portraits using Rodriguez's approach to painting the neck, shoulders and background.
- Conclusion: Rodriguez will teach members how to apply the finishing touches to their portraits, giving a step-by-step overview of how to protect their art through his varnishing techniques. He will also provide insight into how members can market their art while continuing to pursue their creative passions.
"Throughout my life, art has gotten me through some tough moments and allowed me to find my own unique voice," Rodriguez said. "I've learned firsthand that anyone, regardless of education or skill level, has the potential to create something beautiful. I'm excited to teach this session on MasterClass and help unlock the inner artist that's within all of us."
Rodriguez is an artist and painter from the South Bronx, graduating from the High School of Art and Design before attending the Fashion Institute of Technology in Manhattan. He quickly gained recognition for painting hyperrealistic portraits of people on the New York City Subway system and was named a finalist in the Outwin Boochever Portrait Competition in 2019. His art has appeared in The New Yorker, The Artist's Magazine and T: The New York Times Style Magazine. In 2020, Rodriguez joined TikTok and is now the most followed visual artist on the platform.
Embed & view the trailer here: https://youtu.be/Eg-Cy7xeoSI
Download stills here: https://brandfolder.com/s/276fn5vzq8rfhnm6q7z4xj8
Credit: Courtesy of MasterClass
MasterClass is the streaming platform where the world's best come together so anyone, anywhere, can access and be inspired by their knowledge and stories. With an annual membership, members get unprecedented access to 150+ instructors and classes across a wide variety of fields, including Arts & Entertainment, Business, Design & Style, Sports & Gaming, Writing and more. Step into Nas' recording studio, Gordon Ramsay's kitchen and go behind the big screen with James Cameron. Design your career with Elaine Welteroth, get ready to win with Lewis Hamilton, perfect your pitch with Shonda Rhimes and discover your inner negotiator with Chris Voss. Each class features about 20 video lessons, at an average of 10 minutes per lesson. You can learn and discover at a pace that best serves your lifestyle—in bite-size pieces or in a single binge, on mobile, tablet, desktop, Android™ TV, Amazon Fire TV and Roku® players and devices. Cinematic visuals and close-up demonstrations make you feel like you're one-on-one with the instructors, while the downloadable class guides help reinforce your learning. For those looking to learn by doing, Sessions by MasterClass offers a structured, 30-day curriculum where members can roll up their sleeves, get hands-on and learn meaningful skills through step-by-step guidance from world-class instructors and an active community of peers. With MasterClass at Work, companies can keep their employees engaged and boost morale and motivation with immersive, short-form lessons from the world's best.
Follow MasterClass:
Twitter @masterclass
Instagram @masterclass
Facebook @masterclassofficial
TikTok @masterclass
Follow Devon Rodriguez:
Twitter @subwaydrawings
Instagram @devonrodriguezart
Facebook @devonrodriguezart
TikTok @devonrodriguezart
Website devonrodriguezart.com
Media Contact:
Tawnya Bear, MasterClass
press@masterclass.com
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SOURCE MasterClass | https://www.wibw.com/prnewswire/2022/08/11/masterclass-announces-new-session-how-draw-paint-realistic-portraits/ | 2022-08-11T13:54:21Z |
WESTERLY, R.I., Aug. 22, 2022 /PRNewswire/ -- The Washington Trust Company today announced that its employees, located in offices throughout RI, MA and CT, performed more than 222 Acts of Kindness in 22 days in celebration of the company's 222nd anniversary. Founded in 1800, Washington Trust is recognized as the nation's oldest community bank and "community" is one of the company's core values. The initiative was designed to illustrate how many, small, gestures by employees could make a big difference in the lives of others.
During the challenge, Chairman & CEO Edward O. "Ned" Handy III visited Amos House, a nonprofit organization in Providence that serves the homeless, unemployed and vulnerable populations of Rhode Island. Handy spent the early hours of the morning preparing hundreds of to-go breakfast packages for the guests that rely on Amos House for this meal. Other acts of kindness performed by Washington Trust employees included: providing water to a local road construction crew; donating food, clothing, and housewares to local nonprofit organizations; delivering homecooked meals to elderly neighbors; and sharing fresh garden vegetables with neighbors.
"Washington Trust is proud to have served as a trusted financial partner and integral part of our communities for 222 years," said Chairman & CEO Edward O. "Ned" Handy III. "We wanted to celebrate this milestone and perform these Acts of Kindness within our community to thank our friends and neighbors for their support over the years."
ABOUT WASHINGTON TRUST®
Founded in 1800, Washington Trust is the oldest community bank in the nation and one of the Northeast's premier financial services companies. Washington Trust offers a full range of financial services, including commercial banking, mortgage banking, personal banking and wealth management and trust services through its offices located in Rhode Island, Connecticut and Massachusetts. The Washington Trust Company is a subsidiary of Washington Trust Bancorp, Inc., (NASDAQ: WASH). Additional information on Washington Trust and its subsidiaries can be found at https://www.washtrust.com/.
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SOURCE The Washington Trust Company | https://www.kxii.com/prnewswire/2022/08/22/washington-trust-employees-perform-222-acts-kindness-22-days-celebration-companys-222nd-anniversary/ | 2022-08-22T19:27:05Z |
HOPLAND, Calif., Aug. 2, 2022 /PRNewswire/ -- Fetzer Vineyards, one of the leading organic wineries in the U.S., announced today that it is adopting the operating name of Bonterra Organic Estates, effective immediately.
The name Bonterra Organic Estates affirms the company's commitment to regenerative organic farming, responsible business practices and environmental stewardship. The new name applies to the company's corporate identity, as well as its Mendocino County, Calif., vineyard holdings and winery. Bonterra Organic Estates will encompass the company's California wine brands including Fetzer®, 1000 Stories®, Bonterra®, among others.
"Bonterra Organic Estates communicates the ethos of our California-based business and aligns with our dedication to regenerative organic farming," said Giancarlo Bianchetti, CEO of Bonterra Organic Estates. "We are embarking on a new chapter, in which we trailblaze advancements in regenerative organic practices while honoring the deep roots of the Fetzer family legacy."
The Fetzer family founded Fetzer Vineyards in 1968 and pioneered California's regenerative organic viticulture movement, which prioritizes the health of the vineyard ecosystem and combats climate change. The Fetzer brand remains unchanged, continuing this legacy and offering a smart option for consumers at the popular price point.
Bonterra was born out of the Fetzer Vineyards winery in the late 1980s. Today it is one of the fastest-growing premium wine brands in the United States, thanks to the greater awareness of—and consumer demand for— wines made with organic grapes. Bonterra Organic Estates embraces regenerative organic viticulture, practicing it exclusively on all 960 acres of its estate vineyards in Mendocino County, Calif.
"In elevating the Bonterra name, we are building on our decades of environmental stewardship coupled with the innovative leadership style and business acumen of our parent company, Viña Concha y Toro," Bianchetti added. "Our promise, as Bonterra Organic Estates, is to continue to prioritize the environment as this best serves our community, customers, and future generations."
To learn more about Bonterra Organic Estates, visit www.bonterra.com.
ABOUT BONTERRA ORGANIC ESTATES
As a Certified B Corporation, Bonterra Organic Estates is grounded in the transformational goals of the regenerative business. Since its founding, the winery has been driven by excellence, innovation and longstanding commitments to the environment and responsible business practices. With a focus on crafting wines made from organic and Regenerative Organic Certified™ grapes, Bonterra Organic Estates produces leading wine brands from its facility in Mendocino County, California, including category leader Bonterra (named the 2016 Wine Enthusiast American Winery of the Year); sustainability standout Fetzer; and 1000 Stories, and California's original Bourbon barrel-aged wine.
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SOURCE Bonterra Organic Estates | https://www.mysuncoast.com/prnewswire/2022/08/02/fetzer-vineyards-adopts-operating-name-change-bonterra-organic-estates/ | 2022-08-02T18:52:32Z |
SALEM, Ore. (AP) — A former lawmaker in Oregon who as a young woman flew a helicopter around an erupting Mount St. Helens is aiming to shake up state politics by running as an unaffiliated candidate for governor.
Betsy Johnson, who served in both the Oregon Senate and House and who once belonged to — and then quit — both the Republican and Democratic parties, sees a path to victory with the increasing polarization of the two major parties.
And so do candidates running as independents in major races in at least two other states.
In California, Anne Marie Schubert, the Sacramento County district attorney whose office led the prosecution of the Golden State Killer, is running as an independent for state attorney general, having left the Republican Party in 2018. She needs to survive California’s primary on Tuesday. The top two vote-getters move on to the general election.
“I’ve been told a million times that I have to be a Republican or a Democrat to win the race for Attorney General. I’ll say it a million more times: No I don’t,” Schubert tweeted confidently last month.
And in Utah, former CIA case officer Evan McMullin is running as an independent in a U.S. Senate race. Astonishingly, Utah Democrats are backing McMullin instead of one of their own in hopes of defeating incumbent Sen. Mike Lee, a Republican, in the decidedly red state.
Among Republican voters McMullin is wooing are those who don’t support former President Donald Trump. McMullin recently tweeted his opponent “aligns himself with Donald Trump time and time again. That includes working behind the scenes to help overturn the 2020 election and keep Donald Trump in power.”
The Republican and Democratic parties have dominated politics in America since the 1850s. These days, they’ve staked out sharply opposing positions on gun control, abortion rights, policing, climate change and much more, leaving a lot of middle-ground opportunities for independent and third-party candidates.
As of one year ago, 31% of registered voters identified themselves as independents or members of third parties in states that allow them to indicate partisan affiliation on registration forms, according to an analysis by Ballotpedia. A total of 40% registered as Democrats and 29% as Republicans in those 31 states, Washington, D.C. and the U.S. Virgin Islands.
But when it comes to the ballot box, that slice of unaffiliated/third-party voters hasn’t translated into independents claiming many victories.
Trump’s election as president in 2016 arguably widened the divide between liberals and conservatives. But that didn’t cause large numbers of unaffiliated voters to abandon the two big parties in either the 2018 or 2020 elections in favor of alternative candidates, analysts say.
“What ends up happening with voters is they typically respond to surveys or in focus groups, talking about how they want somebody outside of the two parties, but then in practice they tend to vote and behave mostly like (Democratic or Republican) partisans,” said Jake Grumbach, an assistant professor of political science at the University of Washington.
There are only two independents in the U.S. Senate, Angus King, a former governor of Maine who won a landslide victory in 2012, and Bernie Sander of Vermont, who was first elected to the Senate in 2006. Both caucus with Democrats.
Retired professional wrestler Jesse Ventura’s winning run as a Reform Party candidate for governor of Minnesota, in 1998, is a distant memory.
Former radio personality Cory Hepola made a stab this year at following Ventura’s footsteps, as part of Andrew Yang’s new Forward Party.
But Hepola dropped out of the Minnesota governor race on Wednesday, saying it is “unlikely that 2022 will be the breakthrough year.”
Johnson, though, is betting on dissatisfaction among voters to boost her run in Oregon. Her campaign war chest already tops $8.6 million, including $1.75 million from Nike co-founder Phil Knight. Her reported total was more than the Democratic and Republican candidates combined. Johnson has garnered endorsements from a former Democratic governor and from a former Republican U.S. senator.
Under Oregon election rules, Johnson could start collecting signatures last Wednesday. Her campaign must deliver at least 23,744 registered voters’ signatures to the secretary of state’s office by Aug. 16 to get her on the ballot.
Johnson said the volunteers are “ready to hit the ground running.”
“We have Betsy brigades in every county, and we will have chairpersons in those counties responsible for explaining the intricacies of signature gathering,” Johnson said.
Paul Rummell, who traditionally votes Democratic, is the Johnson chairperson in Clackamas County, near Portland, and sees her as a “great counter-balance between the two ideologies.”
“I’m looking for somebody that can help bridge the divide in our state,” said the 51-year-old, who works in the alternative fuels industry. “I think that, unfortunately, there’s a chasm … between rural Oregon and the metro area. And I think that Betsy is the perfect example of a leader who can help lead the dialogue that needs to happen to repair that divide.”
If she gets on the ballot, the 71-year-old will be running against Democratic nominee Tina Kotek, a former Oregon House speaker and a staunch liberal, and Republican nominee Christine Drazan, a former House minority leader.
Johnson, who wears huge eyeglasses and colorful scarves, used to run a helicopter company that helped fight forest fires and got aerial shots for movies. Her company also set up seismometers at Mount St. Helens. On the morning of May 18, 1980, her head mechanic called to say the volcano was erupting.
“I jumped in my car and drove like a bat out of hell … jumped in a helicopter and we were flying that day,” Johnson said, recalling risky flights over lava flows. “We were out of our minds, in hindsight.”
That maverick attitude is evident in her stances on issues that are front-page news again because of recent horrific mass shootings and the pending U.S. Supreme Court decision on Roe v. Wade.
To liberals who want more gun safety measures, she is unapologetically pro-gun rights. She sees even attempts to ban bump-stocks and high-capacity ammunition magazines as chipping away at Second Amendment rights on gun ownership. Kotek denounced Johnson’s stance, saying: “As the nation reels from one of the deadliest school shootings in history, Betsy continues to spout the talking points of the NRA.”
To conservatives who want to ban or restrict abortions, Johnson is unapologetically in favor of a woman’s right to choose.
Johnson is running against the odds — the last time an unaffiliated candidate was elected governor in Oregon was about 90 years ago. She could also be a spoiler for Democrats or Republicans, depending which candidate she draws votes away from.
Kotek could be vulnerable if enough moderate Democrats and unaffiliated voters go for Johnson. While Oregon hasn’t elected a Republican governor since 1982, Democrat Kate Brown — who’s now term-limited — edged Republican Knute Buehler by only 6% in the 2018 election.
James Foster, professor emeritus of political science at Oregon State University-Cascades in Bend, expects Kotek to win. But he’s not ruling out a Johnson victory or a spoiler. Foster said if inflation continues to soar, voters might become alienated from “status quo politicians,” giving Johnson some traction.
“A whole lot can happen between now and November in this crazy upside-down world we’ve got,” Foster said. “My wife and I listened to a speech by Betsy Johnson. She’s one hell of an orator.” | https://cw33.com/news/politics/ap-politics/high-profile-candidates-try-to-break-dem-gop-control/ | 2022-06-04T19:49:29Z |
NEW YORK, June 27, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Target Corporation ("Target" or the "Company") (NYSE: TGT). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Target and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On May 18, 2022, Target announced its first quarter 2022 financial results in a press release. The Company also provided guidance, expecting second quarter 2022 "operating income margin rate [to] be in a wide range centered around first quarter's operating margin rate of 5.3 percent." Just three weeks later, on June 7, 2022, Target revised its guidance, expecting the second quarter 2022 operating margin rate to "be in a range around 2%." The Company attributed the change to "a set of actions to right-size [Target's] inventory for the balance of the year[.]"
On this news, Target's stock price fell $3.69 per share, or 2.31%, to close at $155.98 per share on June 7, 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/2022/06/28/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-target-corporation-tgt/ | 2022-06-28T03:43:23Z |
Izpisua Belmonte is recognized for his innovative work in programming cellular rejuvenation
SAN FRANCISCO, June 28, 2022 /PRNewswire/ -- Juan Carlos Izpisua Belmonte, PhD, was announced today as the recipient of the 2022 Ogawa-Yamanaka Stem Cell Prize by Gladstone Institutes. Izpisua Belmonte is director of the San Diego Institute of Science of Altos Labs, a new life sciences company focused on restoring cell health and resilience through cellular rejuvenation programming.
Izpisua Belmonte was chosen for the honor because of his work leading to innovations in cellular rejuvenation programming and its promise for the improvement of aging and age-associated diseases. His team has discovered that cell programming can reset a cell's aging clock, allowing organs to regenerate and rejuvenate, disease progression to improve, and healthy life span to increase in mammals. In 2018, TIME magazine included Izpisua Belmonte on its list of the "Top 50 Most Influential Leaders in Healthcare" for his research on growing and regenerating human organs.
"We are pleased to award this year's prize to Dr. Izpisua Belmonte," says Deepak Srivastava, MD, a member of the selection committee and president of Gladstone. "Aging is one of the most significant challenges facing the world today and is a major risk factor for many of the unsolved diseases that Gladstone investigators are working to address. Dr. Izpisua Belmonte's work could lead to new therapies for age-related illnesses and increasing health span."
The Ogawa-Yamanaka Stem Cell Prize was established in 2015 by a generous gift from the late Hiro and Betty Ogawa. By creating this award, the Ogawa family sought to motivate and support individual scientists or doctors conducting groundbreaking work in translational regenerative medicine using reprogrammed cells. The prize is supported by Gladstone and Cell Press group.
The prize also recognizes the groundbreaking work of Gladstone Senior Investigator and Nobel laureate Shinya Yamanaka, MD, PhD, who first discovered the potential of reprogramming adult cells to a stem cell fate. Izpisua Belmonte's work builds directly on this discovery, utilizing the "Yamanaka factors" to rejuvenate aged cells.
"It is a privilege and honor to receive the Ogawa-Yamanaka prize for my research on novel stem cell models of human organ generation and regeneration," says Izpisua Belmonte. "I am deeply humbled that our work on genetic and epigenetic editing, as well as regenerative and stem-cell techniques, is helping inform a better understanding of how to program and regenerate cells' function. I'm hopeful that when combined with the work of many other researchers, our discoveries will contribute to the elimination of disease and improve human health span."
For nearly 30 years, Izpisua Belmonte was a faculty member at the Salk Institute for Biological Studies, attaining the rank of professor in the Gene Expression Laboratory and holding the Roger Guillemin Chair. He received an MSc in pharmacology from the University of Valencia and a PhD in biochemistry and pharmacology from University of Bologna and the University of Valencia. After postdoctoral positions at the European Molecular Biology Laboratories in Heidelberg, Germany, and at the University of California, Los Angeles, he joined Salk Institute in 1993 and later also became the director of the Center of Regenerative Medicine in Barcelona.
Izpisua Belmonte was selected by an independent committee of international stem cell experts from a highly competitive pool of nominees. A ceremony will be held on November 17, 2022, at Gladstone Institutes in San Francisco, California, during which he will give a scientific lecture and will be presented with the award, along with an unrestricted prize of $150,000 USD.
A biochemist and developmental biologist, Juan Carlos Izpisua Belmonte, PhD, is director of the San Diego Institute of Science of Altos Labs, a life sciences company focused on restoring cell health and resilience through cellular rejuvenation programming. Previously, he was the Roger Guillemin Chair and a professor in the Gene Expression Laboratory at the Salk Institute for Biological Studies, as well as director of the Center of Regenerative Medicine in Barcelona.
He received an MSc in pharmacology from the University of Valencia and a PhD in biochemistry and pharmacology from University of Bologna and the University of Valencia. He completed his postdoctoral training at the European Molecular Biology Laboratories in Heidelberg, Germany, and at the University of California, Los Angeles.
During his time at Salk, Izpisua Belmonte pioneered innovations in developmental biology, organ and tissue regeneration, and aging research. At Altos Labs, he is developing technologies to program cells to states similar to those observed in the early, healthy stages of human life, with the objective of uncovering universal health therapeutics to restore cellular resilience, overcome human fragility and disease, and ultimately increase health span.
Over the course of his career, Izpisua Belmonte has published over 500 scientific papers. He was named one of the "50 Most Influential People in Healthcare" in 2018 by TIME magazine, and received several awards in recognition of his research, including medals from the Royal Academy of Pharmacy of Spain and the Royal Academy of Medicine of Spain, the Gold Medal of the Board of Castilla-La Mancha, several honorary doctorates, the National Science Foundation Creativity Award, the National Institutes of Health Pioneer Award, and the President William Clinton Career Award.
The Ogawa-Yamanaka Stem Cell Prize recognizes individuals whose original translational research has advanced cellular reprogramming technology for regenerative medicine. Supported by Gladstone Institutes, in partnership with Cell Press group, the prize was established in 2015 through a generous gift from the late Betty and Hiro Ogawa and has been maintained through their sons, Andrew and Marcus Ogawa. It honors the Ogawas' memory by continuing the philanthropic legacy they shared during their 46-year marriage. It also recognizes the importance of induced pluripotent stem cells (iPS cells), discovered by Gladstone Senior Investigator and Nobel laureate Shinya Yamanaka, MD, PhD.
Past recipients include Masayo Takahashi, MD, PhD, in 2015; Douglas Melton, PhD, in 2016; Lorenz Studer, MD, in 2017; Marius Wernig, MD, PhD, in 2018; and Gordon Keller, PhD, in 2019.
The 2022 selection committee was composed of George Daley, MD, PhD, dean of Harvard Medical School; Hideyuki Okano, MD, PhD, dean of the School of Medicine at Keio University; Deepak Srivastava, MD, president of Gladstone Institutes and director of the Roddenberry Stem Cell Center at Gladstone; Lorenz Studer, MD, director of the Center for Stem Cell Biology at Memorial Sloan Kettering Cancer Center; Fiona Watt, FRS, FMedSci, director of the Centre for Stem Cells and Regenerative Medicine at King's College, London; and Shinya Yamanaka, MD, PhD, senior investigator at Gladstone and professor in the Center for iPS Cell Research and Application at Kyoto University.
To ensure our work does the greatest good, Gladstone Institutes focuses on conditions with profound medical, economic, and social impact—unsolved diseases. Gladstone is an independent, nonprofit life science research organization that uses visionary science and technology to overcome disease. It has an academic affiliation with the University of California, San Francisco.
Media Contact: Julie Langelier, Associate Director, Communications, julie.langelier@gladstone.org, 415.734.5000
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SOURCE Gladstone Institutes | https://www.kxii.com/prnewswire/2022/06/28/2022-ogawa-yamanaka-stem-cell-prize-awarded-juan-carlos-izpisua-belmonte/ | 2022-06-28T19:31:54Z |
Chicago-area July 4 parade attack suspect pleads not guilty
WAUKEGAN, Ill. (AP) — The man accused of killing seven people and wounding dozens more in a shooting at an Independence Day parade in suburban Chicago pleaded not guilty on Wednesday, a week after prosecutors announced he faces 117 felony counts in the attack.
Robert E. Crimo III appeared for a brief hearing Wednesday in Lake County’s circuit court to enter a formal plea to the charges — 21 counts of first-degree murder, 48 counts of attempted murder and 48 counts of aggravated battery representing those killed and wounded during the parade in Highland Park.
Crimo wore a COVID-19 face mask throughout the 10-minute arraignment and repeatedly told Judge Victoria Rossetti that he understood the charges and potential penalties he faces, including life imprisonment.
Lake County prosecutors in late July announced that a grand jury had indicted Crimo on the charges. The prosecutors had previously filed seven murder charges against the 21-year-old in the days following the shooting.
The multiple first-degree murder charges allege Crimo intended to kill, caused death or great bodily harm and took action with a strong probability of causing death or great bodily harm on the seven people who died.
A representative for the county public defenders office, which is representing Crimo, has said the office does not comment publicly on any cases. An attorney with the office entered Crimo’s not guilty plea during Wednesday’s court appearance.
Prosecutors have said Crimo admitted to the shooting once police arrested him following a hourslong search for the gunman who opened fire from the rooftop of a building along the parade route.
Authorities have said the wounded range in age from 8 to their 80s, including an 8-year-old boy who was paralyzed from the waist down when the shooting severed his spine.
In comments delivered after the hearing, Lake County State’s Attorney Eric Rinehart declined to say whether Crimo could face additional charges and said he would not comment on whether Crimo’s parents could be charged.
Some in the community have questioned why Crimo’s parents apparently supported his interest in guns only months after he reportedly threatened suicide and violence.
George Gomez, an attorney representing Crimo’s parents, said Wednesday that they are not concerned that criminal charges could be filed against them. Both attended Wednesday’s hearing where they sat quietly behind their son.
Speaking with reporters afterward, Gomez described his clients as “devastated” and “heartbroken” for Highland Park, and he said they are cooperating with authorities.
___
Foody reported from Chicago.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/03/chicago-area-july-4-parade-attack-suspect-pleads-not-guilty/ | 2022-08-03T17:39:09Z |
Cat rescued from Ukraine reunited with owner in Arkansas
ARKANSAS (Gray News) – Humane Society International has been working on the ground in Poland, Romania, Germany and Italy helping people with pets of people fleeing the war when they learned about a cat in Ukraine that was separated from her owner.
Persik’s owner, Larysa, was in the United States when the war in Ukraine started, while her cat was staying with her cousin in Odessa.
According to Humane Society International, Larysa’s cousin managed to evacuate Persik, which means “Peach” in Ukrainian, with a friend who fled to Warsaw.
Persik was fully vaccinated, had a pet passport and was microchipped.
Kelly Donithan, director of animal disaster response for Humane Society International, got special approval to carry the cat with her as she flew home to the U.S.
She was able to connect with Larysa in Arkansas and reunite Persik with its mom.
“This single story of one cat, Persik, is emblematic of what Humane Society International has seen through the chaos and trauma of this war: strangers and communities coming together to help one another however they can, including beloved animals,” Donithan said.
After nearly losing hope, Larysa said she was overcome with gratitude for those who helped save her cat from Ukraine.
“I had to make a lot of efforts in order to find a person in difficult circumstances during the hostilities in Ukraine who agreed to take the cat out of Ukraine, and now, by the grace of God, the cat is in my home with love and care,” Larysa said.
“It is a painful and horrific time, but all of these small acts of kindness are keeping and bringing families together when they need it most,” Donithan said. “Even during the darkest times, it is clear how much pets mean to their families.”
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/26/cat-rescued-ukraine-reunited-with-owner-arkansas/ | 2022-04-26T19:53:54Z |
Michael Lyons, Christopher Simmons honored for personal injury trial work
DALLAS, April 26, 2022 /PRNewswire/ -- The trial work of Michael Lyons and Chris Simmons has earned the Lyons & Simmons, LLP co-founders selection among Dallas's top lawyers for 2022.
Lyons and Simmons were each named to D Magazine's Best Lawyers in Dallas listing based on their work on behalf of plaintiffs in high-stakes personal injury litigation.
This is the ninth selection for Lyons, who has previously earned recognition for both his personal injury and business litigation work from the magazine. The respected trial attorney also has earned individual honors from The Best Lawyers in America, Super Lawyers – Texas Top 100 and DFW Top 100, Lawdragon 500, and the National Law Journal. He is a member of the Million Dollar and Multi-Million Dollar Advocates Forums.
Simmons' work on behalf of plaintiffs who have been catastrophically injured or killed by the negligence of others helped propel him to his third selection among Dallas' best lawyers. A member of the Million Dollar and Multi-Million Dollar Advocates Forums, his work has also earned recognition by Best Lawyers in America, Lawdragon 500, the National Law Journal, and Texas Super Lawyers.
Lyons & Simmons has a reputation for obtaining outstanding results in cases involving life-altering personal injuries, wrongful death, and "bet-the-company" business disputes. The firm was honored with the Dallas Trial Lawyers Association's prestigious 2021 John Howie Award, which is presented to firms that exemplify the "courageous pursuit of justice in the face of adversity."
The Best Lawyers in Dallas is based on a comprehensive selection process that starts with peer nominations and includes extensive review by the magazine's editorial staff, assisted by a blue-ribbon panel of attorneys. The complete 2022 list is featured in the May issue of D Magazine.
About Lyons & Simmons LLP
Dallas-based Lyons & Simmons, LLP is a trial boutique representing clients in wrongful death, personal injury, products liability and complex "bet-the-company" business litigation matters across the country. To learn more, visit http://www.Lyons-Simmons.com.
Media Contact:
Rhonda Reddick
800-559-4534
rhonda@androvett.com
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SOURCE Lyons & Simmons | https://www.kxii.com/prnewswire/2022/04/26/d-magazine-selects-lyons-amp-simmons-co-founders-among-best-lawyers-dallas/ | 2022-04-26T19:57:42Z |
NORTHBROOK, Ill., Aug. 2, 2022 /PRNewswire/ -- Hilco Corporate Finance is excited to announce the addition of Teri Stratton to the Hilco Corporate Finance team. Ms. Stratton will serve as Senior Managing Director in Corporate Finance and the National Practice Leader of Special Situations.
Ms. Stratton is a nationally prominent investment banker and restructuring advisor. She joins the Hilco Corporate Finance team to lead the growth of the special situations and restructuring practice. Ms. Stratton will be based in Los Angeles.
"We're thrilled to welcome Teri to the HCF team," said Geoffrey Frankel, CEO and Senior Managing Director of Hilco Corporate Finance. "Teri is a recognized leader in the special situations and restructuring practice. She has a clear vision to scale up HCF's special situations practice to meet the needs of our expanding client base."
Ms. Stratton has over two decades of experience in advising on distressed sell-side and buy-side mergers and acquisitions transactions, recapitalizations, and restructuring transactions to middle market companies across many industries, including consumer, energy, and industrials. Before joining Hilco, she worked for Piper Sandler and Macquarie Capital Advisors (and predecessor firms). Prior to her investment banking career, she had eight years' experience in corporate banking, serving in both credit administration and special assets. Ms. Stratton received a bachelor's degree in economics from the University of California at Los Angeles as well as a Master of Business Administration degree in finance, with honors, from the Anderson School at UCLA. She is a Certified Insolvency and Restructuring Advisor, a board member of the Turnaround Management Association, and a member of the Association of Insolvency and Restructuring Advisors and the American Bankruptcy Institute. Ms. Stratton speaks regularly on various M&A and Restructuring topics.
About Hilco Corporate Finance:
Hilco Corporate Finance, LLC is a registered broker/dealer with the Securities and Exchange Commission and a member of FINRA (www.finra.com) and SIPC (www.sipc.org). Hilco Corporate Finance specializes in merger and acquisition advisory service, private capital markets, and special situations and restructuring advisory. Hilco Corporate Finance is the investment banking affiliate of Hilco Global.
Hilco Global operates as a holding company comprised of over twenty specialized business and has nearly four decades of successfully acting as an advisor, agent, investor and/or principal in transactions.
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SOURCE Hilco Corporate Finance | https://www.mysuncoast.com/prnewswire/2022/08/02/hilco-corporate-finance-announces-addition-teri-stratton-senior-managing-director-national-practice-leader-restructuring-special-situations/ | 2022-08-02T20:20:38Z |
(NEXSTAR) – Actor Ray Liotta, the actor best known for his roles in “Goodfellas” and “Field of Dreams,” has died, multiple outlets reported Thursday.
He was 67 years old.
The actor died in his sleep in the Dominican Republic, Deadline reported. He was there filming a new movie, according to Deadline.
Nexstar spoke with Liotta’s booking agent Thursday who declined to offer comment.
Liotta is perhaps best known for his role in 1990’s “Goodfellas,” portraying real-life mob associate Henry Hill. The actor’s other notable film roles include “Field of Dreams,” “Something Wild,” “Cop Land” and “Marriage Story,” the latter of which earned him an Independent Spirit Award alongside the ensemble cast.
The actor also made several guest appearances in popular TV shows, including “Frasier,” “Modern Family,” “The Simpsons,” and even “Spongebob SquarePants.” He won a Primetime Emmy Award for his acting in an episode of “ER.” Liotta also hosted “Saturday Night Live” in 2003.
More recently, Liotta returned to a mobster role in the “Sopranos” prequel “The Many Saints of Newark.” In a 2021 interview with TODAY promoting the movie, Liotta downplayed the hype around the prequel and shared his preference for a quiet life.
“I’m not the kind of actor who wants to watch or see what I did, or see what it looks like,” he said. “I just like staying home with my fiancé, watching TV and chilling.”
This is a developing story. Check back for updates. | https://cw33.com/news/nexstar-media-wire/ray-liotta-dies-at-67-reports/ | 2022-05-26T17:03:26Z |
'Proven track record' prompts Mount Union to hire Robert A. Gervasi as interim president
ALLIANCE – Robert A. Gervasi has been named the interim president for the University of Mount Union.
The University of Mount Union Board of Trustees announced Tuesday that Gervasi will serve as the interim president for the upcoming academic year and will succeed Thomas J. Botzman, who announced last month that he plans to retire June 30. Gervasi is expected to begin his new role on June 27.
As Gervasi arrives on the private campus of 2,100 students, Mount Union will begin its search for the university's 14th president. The board plans to work with an outside consultant to conduct the search, the university has said.
Matthew Darrah, chair of Mount Union’s Board of Trustees, said the board has full confidence in Gervasi's ability to lead Mount Union and help position Mount Union's next president for success.
"We are pleased to have found an interim president who has both breadth and depth in terms of his understanding of the higher education environment," Darrah said in a prepared statement. "Dr. Gervasi has a proven track record and has successfully navigated many of the challenges currently being experienced at our institution as well as other small, private Midwestern universities."
Gervasi has led Ohio Dominican and Quincy universities
Gervasi has spent more than a decade at the helm of private universities. He most recently spent four years as president of Ohio Dominican University in Columbus, leaving in 2021. He previously spent nine years as the leader of Quincy University in Quincy, Illinois.
More about Robert Gervasi:Ohio Dominican University president leaving post next year
At Ohio Dominican where 1,335 students are enrolled, Gervasi oversaw the private Catholic college’s 10-year reaccreditation by the Higher Learning Commission and its first-ever public bond refinancing to help stabilize the school’s finances. He also helped Ohio Dominican stabilize declining enrollment and began a focus on building outside relationships with corporate and civic partners.
During Gervasi's tenure at Quincy, the private Catholic Franciscan university with roughly 1,300 students saw growth and improvement in multiple areas including enrollment and diversity. Quincy also expanded its academic profile and community outreach, strengthened its fundraising and enhanced campus life with Gervasi at the helm, according to information released by Mount Union.
Gervasi said in a news release that he is "deeply honored" to have been selected to lead Mount Union through the transition.
“Mount Union has a storied history of excellence in academics, athletics and community service," he said. "I look forward to working with faculty, staff and students in advancing the university's mission to prepare students for fulfilling lives, meaningful work and responsible citizenship."
Gervasi can speak and read Spanish, Italian, Greek (ancient and modern), Latin, French and German
Gervasi's previous employment includes: Serving as president and chief executive officer of the Institute for Study Abroad in Indianapolis, Indiana; dean of Kentucky campuses and dean of external programs for McKendree University in Louisville, Kentucky; and dean of academic and student affairs at Chatfield College in St. Martin, Ohio.
He also has served as executive director of the Greater Cincinnati Consortium of Colleges and Universities, and worked in public relations, marketing and publishing for companies such as Bristol-Myers and Procter & Gamble.
Gervasi has taught at Ohio Dominican University, Quincy University, University of Louisville, McKendree University, Chatfield College, Miami University (Ohio), Xavier University, the Wharton School of Business at the University of Pennsylvania and The Ohio State University. He also lectured as a Senior Fulbright Scholar in Classics at the University of Zimbabwe.
Gervasi currently serves as a member of the Board of Directors of the Fulbright Association. He previously has served as a member of the Board of Directors of the Council of Independent Colleges, a peer reviewer for the Higher Learning Commission of the North Central Association of Colleges and Schools, a member of the Federation of Independent Illinois Colleges and Universities, and a board member of the Associated Colleges of Illinois. He is FEMA-certified in multihazard emergency planning for higher education and has participated in both the Commission on Lifelong Learning of the American Council on Education and the NAFSA and Forum on Education Abroad.
Gervasi received a degree in classics from Xavier University, a master of business administration in marketing from the Wharton School of Business at the University of Pennsylvania, and a master's degree and doctorate in classics from The Ohio State University. He also studied at the American School of Classical Studies in Athens, Greece; Corpus Christi College at Cambridge University; and the Universita del Sacro Cuore in Rome, Italy; in addition to receiving a certificate in fundraising management from The Center on Philanthropy at Indiana University.
Gervasi has presented on numerous topics, including ancient Greece, literature, higher education and religion. He can read or speak Spanish, Italian, Greek (ancient and modern), Latin, French and German. An avid runner, he has completed 14 marathons, according to information from Mount Union. | https://www.cantonrep.com/story/news/education/2022/05/17/robert-a-gervasi-named-mount-union-interim-president/9810798002/ | 2022-05-17T20:43:17Z |
Two arrested at Lake Perry after BUI during Midwest Boat Festival
PERRY, Kan. (WIBW) - Two people were arrested following a Boating Under the Influence incident during the Midwest Boat Festival at Lake Perry.
Kansas Department of Wildlife and Parks Game Wardens say on Saturday, Aug. 13, wardens from across the state worked the semi-annual Midwest Boat Festival at Lake Perry, which draws thousands of boaters from across the Midwest.
During the festival, wardens said they assisted a person who had heat-related issues and later towed a boat that had become disabled back to shore with several children on board.
As the night progressed, KDWP said wardens arrested one person for Boating Under the Influence and another for Interference with official duties of a Law Enforcement Officer.
All in all, the Department indicated that the festival went off with little to no significant issues.
KDWP did take the time to remind residents that it is illegal to operate a water vessel under the influence of alcohol or drugs.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/18/two-arrested-lake-perry-after-bui-during-midwest-boat-festival/ | 2022-08-18T14:04:01Z |
4 killed after 2 small planes crash mid-air at North Las Vegas Airport
LAS VEGAS (FOX5/Gray News) – Four people were killed Sunday afternoon after two planes crashed into each other at North Las Vegas Airport.
According to KVVU, the single-engine planes crashed mid-air during landing above the airport and landed in different areas – one upside down on a runway and the other in flames near an airport fence.
According to registration information with the Federal Aviation Administration, one plane, a Cessna 172, was registered to Binner Enterprises.
Matthew Binner is the president of the flight school Airwork Las Vegas. Its website shows it offers that make and model plane to rent.
“[Sunday] was a very sad day for the Airwork family,” Binner wrote on Facebook on Monday. “Thank you to everyone who has reached out to us yesterday and today. Our thoughts and prayers are with the families of those involved in yesterday’s terrible accident. This world lost some great people and aviators.”
Binner noted that they are cooperating with the FAA and National Transportation Safety Board in their investigation.
The second plane was a Piper PA 46-350P registered to Gold Aero Aviation LLC. The company, though out of Florida, appears to have a Las Vegas mailing address.
The administration categorized the collision as an accident. The NTSB is still investigating what led to the crash.
Copyright 2022 KVVU via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/19/4-killed-after-2-small-planes-crash-mid-air-north-las-vegas-airport/ | 2022-07-19T19:04:05Z |
CALGARY, AB and MOUNTAIN VIEW, Calif. , July 18, 2022 /PRNewswire/ - Willow Biosciences Inc. ("Willow" or the "Company") (TSX: WLLW) (OTCQB: CANSF), a leading biotechnology company focused on revolutionizing industrial manufacturing of pure, consistent and sustainable ingredients, is pleased to announce that the Board of Directors has appointed Dr. Peter Seufer-Wasserthal as Interim President and Chief Executive Officer, effective July 17, 2022, in connection with Trevor Peters' retirement as President and CEO. Mr. Peters will continue to be a Director of the Company. In addition to the above mentioned changes, Ms. Barbara Munroe, a Director of the Company, has been appointed as Lead Independent Director.
"Peter is a visionary leader that has been Chairman of the Board of Willow since 2020," said Barbara Munroe. "Peter's experience in biotech, pharma and consumer ingredients uniquely positions him to oversee the implementation of our strategic initiatives going forward as we expand our portfolio of functional ingredients beyond cannabinoids."
Ms. Munroe continued, "On behalf of the Board of Directors, I would like to thank Trevor for his stewardship through the challenges of the pandemic and broader industry headwinds. We are grateful for his contributions to Willow and wish him all the best in his retirement."
"I am enthused to take over as Interim CEO at such an exciting time in the Company's history," said Dr. Peter Seufer-Wasserthal. "Willow's technology platform has been demonstrated with the rapid commercial launch of its yeast-derived cannabigerol and is now positioned to successfully deliver new consumer ingredients for the nutrition, food & beverage, and consumer care sectors, either independently or through partnerships."
Dr. Peter Seufer-Wasserthal's immediate areas of focus include:
- Identifying additional key functional ingredients and markets for expansion of Willow's product portfolio;
- Capturing additional strategic partnerships to accelerate commercialization; and
- Continuing to build and lead the organization needed to successfully execute on the Company's mission.
Willow develops and produces high-purity ingredients for the personal care, food and beverage, and pharmaceutical markets. Willow's FutureGrown™ biotechnology platform allows large-scale production with sustainability at its core. Willow's R&D team has a proven track record of developing and commercializing bio-based manufacturing processes and products to benefit our B2B partners and their customers.
This news release may include forward-looking statements including opinions, assumptions, estimates and the Company's assessment of future plans and operations, and, more particularly, statements concerning: the Company's management team and the performance thereof; the ability to accommodate new programs and to expand capabilities, including the expansion of the Company's portfolio of functional ingredients beyond cannabinoids; and the business plan of the Company, generally. When used in this news release, the words "will," "anticipate," "believe," "estimate," "expect," "intent," "may," "project," "should," and similar expressions are intended to be among the statements that identify forward-looking statements. The forward-looking statements are founded on the basis of expectations and assumptions made by the Company which include, but are not limited to: the success of Willow's strategic partnerships, including the development of future strategic partnerships; the financial strength of the Company; the ability of the Company to fund its business plan using cash on hand and existing resources; the market for Willow's products; the ability of the Company to obtain and retain applicable licences; the ability of the Company to obtain suitable manufacturing partners and other strategic relationships; and the successful implementation of Willow's commercialization and production strategy, generally. Forward-looking statements are subject to a wide range of risks and uncertainties, and although the Company believes that the expectations represented by such forward-looking statements are reasonable, there can be no assurance that such expectations will be realized. Any number of important factors could cause actual results to differ materially from those in the forward-looking statements including, but not limited to, risks associated with: the cannabinoid industry in general; the success of the Company's research and development strategies; infringement on intellectual property; failure to benefit from partnerships or successfully integrate acquisitions; actions and initiatives of federal and provincial governments and changes to government policies and the execution and impact of these actions, initiatives and policies; import/export and research restrictions for operations in the cannabinoid, personal care, food and beverage and pharmaceutical markets; the size of such markets; competition from other industry participants; adverse U.S., Canadian and global economic conditions; adverse global events and public-health crises, including the evolving COVID-19 outbreak; failure to comply with certain regulations; departure of key management personnel or inability to attract and retain talent; and other factors more fully described from time to time in the reports and filings made by the Company with securities regulatory authorities. Please refer to the Company's most recent annual information form and management's discussion and analysis for additional risk factors relating to Willow, which can be accessed either on Willow's website at www.willowbio.com or under the Company's profile on www.sedar.com.
The forward-looking statements contained in this news release are made as of the date hereof and the Company does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, except as required by applicable law. The forward-looking statements contained herein are expressly qualified by this cautionary statement.
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SOURCE Willow Biosciences Inc. | https://www.mysuncoast.com/prnewswire/2022/07/18/willow-biosciences-appoints-dr-peter-seufer-wasserthal-interim-president-ceo/ | 2022-07-18T11:39:29Z |
MINNEAPOLIS (AP) — A federal judge on Friday sided with two former Minneapolis police officers who were convicted of violating George Floyd’s civil rights, ruling that the guidelines for their sentences will be calculated in a way that could mean substantially less prison time for them.
U.S. District Judge Paul Magnuson handed J. Alexander Kueng and Tou Thao a victory when he ruled that the complex formulas for calculating their sentences will use the crime of involuntary manslaughter, rather than murder, as a starting point. Magnuson will sentence the men in back-to-back hearings Wednesday.
Kueng, Thao and their colleague, Thomas Lane, were convicted in February of violating Floyd’s rights by depriving him of medical care as the 46-year-old Black man was pinned under then-Officer Derek Chauvin’s knee for 9 ½ minutes while Floyd repeatedly said he couldn’t breathe.
Kueng and Thao were also convicted of failing to intervene to stop Chauvin in the killing, which was recorded on video by a bystander and sparked worldwide protests as part of a reckoning over racial injustice. While Chauvin pinned down Floyd’s neck, Kueng held Floyd’s back, Lane held his feet and Thao kept bystanders back.
Chauvin, who pleaded guilty to one count of violating Floyd’s rights, got a federal sentence of 21 years. Lane was sentenced Thursday to 2 ½.
Prosecutors have requested that Magnuson sentence Keung and Thao to less time than Chauvin, but “substantially” more than Lane. They have not made specific recommendations. Thao’s attorney is asking his client be sentenced to two years in prison, while Kueng’s attorney has filed his request under seal.
A hearing was held Friday to address the complex formulas used to calculate a person’s “offense level,” which then is used to set a guideline range for sentencing that federal judges are not bound to follow but typically do.
All four former officers were convicted of federal civil rights violations, which carry their own offense level, but their crimes are cross-referenced with another offense — in this case murder or involuntary manslaughter — which creates the baseline for calculating a guideline sentence. Different elements are then added or subtracted to come up with a final sentencing range.
Over prosecutors’ objections, Magnuson ruled that involuntary manslaughter should be used as a starting point for Kueng and Thao.
“The facts of this case do not amount to second-degree murder under federal law,” Magnuson wrote. “Defendants Kueng and Thao each made a tragic misdiagnosis in their assessment of Mr. Floyd.” He added that both men genuinely thought Floyd was suffering from a drug overdose and “excited delirium” — a disputed condition in which someone is said to have extraordinary strength.
The result of Magnuson’s ruling means that the starting point for calculating the men’s sentence will be much lower — with a range starting as low as 2 1/4 years in prison, compared with a range starting at 19 1/2 years if the offense were to be cross-referenced with murder, according to a table of U.S. Sentencing Commission guidelines. But the calculations don’t stop there.
Magnuson also ruled that this baseline level should be increased because the officers acted under “color of law,” bringing the guideline range to somewhere between 4 1/4 years to 5 1/4 years in prison. Still, that also might not be the final landing point, as Magnuson is expected to rule on other factors that could impact the formula next week.
Kueng, who is Black, and Thao, who is Hmong American, remain free on bond pending their sentencing. They are also charged with state counts of aiding and abetting both second-degree murder and second-degree manslaughter. They have turned down plea deals in that case and are scheduled to stand trial on those charges on Oct. 24.
Lane, who is white, pleaded guilty to a state charge of aiding and abetting second-degree manslaughter and is still awaiting sentencing in that case. He was allowed to remain free on bond after his federal sentencing, but must report to a yet-to-be-determined federal prison in October.
Chauvin, who is white, was also convicted of second-degree murder and second-degree manslaughter in state court and is serving a 22 1/2-year state sentence. His federal and state sentences are being served simultaneously. Online records show he’s still at the state’s maximum security prison, but he’s expected to be moved into federal custody.
___
Find AP’s full coverage of the killing of George Floyd at: https://apnews.com/hub/death-of-george-floyd | https://cw33.com/news/u-s-news/ap-us-headlines/ruling-may-mean-less-time-for-2-who-violated-floyds-rights/ | 2022-07-23T21:21:34Z |
Draisaitl, Smith power Edmonton over Predators 4-0
By JIM DIAMOND
Associated Press
NASHVILLE, Tenn. (AP) — Leon Draisaitl had three goals and Mike Smith made 30 saves, leading the Edmonton Oilers to a 4-0 win over the Nashville Predators. Draisaitl’s hat trick gave him 54 goals this season, four behind NHL-leading Auston Matthews (58) of Toronto. Darnell Nurse also scored and Connor McDavid and Ryan Nugent-Hopkins each had two assists for Edmonton, which snapped a two-game losing streak. The shutout was Smith’s first of the season and the 43rd of his career. Juuse Saros made 28 saves for Nashville, which has lost three of four. | https://localnews8.com/sports/ap-national-sports/2022/04/14/draisaitl-smith-power-edmonton-over-predators-4-0/ | 2022-04-15T03:39:59Z |
Blurry ballots near Portland, Oregon, may delay tally
CLACKAMAS, Ore. (AP) — Defective barcodes on an unknown number of primary election ballots in a Portland, Oregon, suburban county will likely delay election results on May 17, election officials said.
Clackamas County Clerk Sherry Hall said this week that an unknown number of ballots have blurred barcodes that can’t be read by the county’s ballot-processing equipment and election workers will need to fill out new ballots by hand for those voters before they can be counted. Oregon is a vote-by-mail state.
The county includes the southwest suburbs of Portland and parts of it are in the new 6th Congressional District, which was formed when Oregon gained a U.S. House seat following the 2020 Census. A number of Democratic and Republican candidates are vying to advance to November’s general election in a closely watched primary.
Election officials didn’t notice the printing error before the ballots were sent to voters, Hall said. The problem isn’t expected to delay the vote tally significantly, but election officials won’t have a good sense of how many ballots are affected until next week.
“We have plans and procedures in place to competently and correctly respond with this situation and many others,” Hall said in a statement.
“There is no better election staff than the one we have here in Clackamas County and we expect to meet all deadlines for the release of tallies and certification of results in spite of the increase in workload.”
At least two election workers registered with different political parties will participate in the transferring of votes to the new ballots and election observers will be present. The county will keep the damaged ballots on file.
It’s not the first time the county has had elections problems.
Clackamas County drew national attention in 2013 when a temporary elections worker filled in races left blank on two ballots for Republican candidates. Deanna Swenson, 55, received 90 days in jail and three years’ probation for her actions, The Oregonian/Oregon Live reported. A citizen committee that reviewed the situation found that Hall followed protocol, but still suggested improvements to prevent something similar from happening again.
Hall, who has held the elected county clerk position since 2003, is being challenged this year by Catherine McMullen, who serves as a program specialist for the Multnomah County Elections Division and is certified as an elections administrator. The race will be on the November ballot. | https://localnews8.com/news/ap-idaho/2022/05/06/blurry-ballots-near-portland-oregon-may-delay-tally/ | 2022-05-06T21:19:09Z |
Peterson’s bases-loaded walk lifts Brewers over Marlins 2-1
MIAMI (AP) — Jace Peterson walked against Anthony Bender with the bases loaded in the ninth inning and the Milwaukee Brewers beat the Miami Marlins 2-1. After starters Corbin Burnes and Pablo López dueled for seven innings, ex-Marlins star Christian Yelich reached on a leadoff single against Tanner Scott in the ninth. Scott hit Luis Urías and surrendered pinch-hitter Tyrone Taylor’s single to right that loaded the bases. Bender relieved and struck out Hunter Renfroe before walking Peterson on four pitches. Devin Williams pitched a perfect eighth and Josh Hader closed with a perfect ninth for his 13th save. | https://localnews8.com/sports/ap-national-sports/2022/05/13/petersons-bases-loaded-walk-lifts-brewers-over-marlins-2-1/ | 2022-05-14T02:54:45Z |
Supreme Court allows Virginia public school to keep its admissions policy for now
By Ariane de Vogue, CNN Supreme Court Reporter
The Supreme Court cleared the way for the admissions policy of an elite public high school in Virginia to remain in effect Monday, even though critics say it discriminates against Asian American students.
The court denied a request from a coalition of parents to block the program while the appeal process plays out. Justices Samuel Alito, Clarence Thomas and Neil Gorsuch noted their dissent and would have sided with the parents.
Lawyers for the school board insist that the policy is “race neutral” and is meant to add more diversity to the school.
The court’s move comes as the justices have already agreed to hear a case with similar strains next term concerning the race-based admission policies at Harvard and the University of North Carolina. The facts and circumstances in the two disputes are different, but they center on a school’s push to improve diversity without violating equal protection principles.
The case at hand targets a decision by the Fairfax County School Board in Virginia to overhaul the admissions process at the Thomas Jefferson High School for Science and Technology. The school — known as “TJ” — is one of the best public schools in the nation. It serves gifted students in science, technology, engineering and mathematics and is one of a handful of regional public schools in Virginia that provides advanced studies and requires students to apply for admission.
A coalition of parents said the new policy is a “racially motivated” process that adversely impacts Asian American students and was intended to make it more difficult for them to gain admission. After the new policy was put into place, the percentage of Asian American students who were offered spots in the school dropped from 73% to 54% in one year.
A district court barred the admissions policy in February, holding that it violates the equal protection rights of Asian American students. A federal appeals court, however, agreed to put that decision on hold.
The coalition of parents asked the justices to lift the stay put in place by the federal appeals court. On Monday, the court declined to do so.
Under the previous policy, admissions were based on teacher recommendations, written exams, standardized tests and essays, among other factors. According to the board, under the prior policy, students at just eight of Fairfax County’s 26 middle schools accounted for 87% of the county’s share of TJ’s admitted students in the four years preceding 2020. In the summer of 2020, state officials expressed concern that the school had historically admitted very few disadvantaged students.
The board overhauled the admissions process, eliminated standardized tests and guaranteed seats at TJ for 1.5% of the eighth grade class of each public middle school within the school’s reach. It also instituted a “holistic” evaluation of the students that takes into consideration “experience factors” such as socioeconomic background.
The board also adopted a mandate requiring the use of “only race-neutral methods that do not seek to achieve any specific racial or ethnic mix, balance or targets.”
But Erin E. Wilcox, a lawyer for the coalition of parents, claimed in court papers that the process to overhaul TJ admissions was “infected with talk of racial balancing from its inception.”
She said that in the Class of 2025, the first admitted under the new admissions policy ,”offers to Asian-American students dropped 19 percentage points — from 73% to 54% in a single year.”
“Every other racial group, including White students, increased their share of offers,” she said.
That was in part because a disproportionate number of Asian American applicants and accepted students came from only a handful of Fairfax County public schools, each of which often sent far more than 1.5% of its eighth graders to TJ.
Wilcox argued that “the guarantee left only about 100 ‘unallocated’ seats for students to compete for irrespective of middle school, including private school and home school applicants.”
“Specifically, the question is whether a school board violates the equal protection rights of disadvantaged students when it implements selective admissions criteria with the goal of producing racial balance, ” Wilcox said.
Wilcox has received the support of Virginia’s attorney general, Republican Jason S. Miyares, as well as 15 other states. In a friend-of-the court brief, Miyares charged that the board had set out to “remake” admissions with a goal of “achieving racial balance” out of pressure from state agencies and following the nationwide unrest after George Floyd’s murder.
He insisted that the board had replaced a “race-neutral and meritocratic admissions policy” with one “intentionally designed to decrease Asian-American enrollment.”
The school board hired powerhouse lawyer Donald B. Verrilli, who served as former President Barack Obama’s solicitor general, to persuade the high court to stay out of the dispute and allow the appeals court decision to stand while the legal challenges play out. Verrilli argued in court papers that the policy for admitting students “sets no racial quotas, goals or targets” and is administered in a “race-blind” manner.
“Board regulators forbid consideration of race in admissions decisions, and all applications are anonymized so evaluators do not know the race of any individual applicant,” he argued. He noted that final admissions decisions are due this month and that overhauling the admissions policy now would be “convulsive.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/04/25/supreme-court-allows-virginia-public-school-to-keep-its-admissions-policy-for-now/ | 2022-04-26T02:18:38Z |
High energy costs are hitting UK. It’s about to get worse
By DANICA KIRKA and SYLVIA HUI
Associated Press
LONDON (AP) — People across the United Kingdom will face tough choices in coming months as energy costs for millions of households are set to rise by 54% on Friday. It’s the second big jump in energy bills since October, and a third may be ahead as rebounding demand from the COVID-19 pandemic and now Russia’s war in Ukraine push energy prices higher. Those costs are the main driver of rising consumer prices. While inflation is a worldwide phenomenon, it’s a bigger issue in Britain because it’s more exposed to rising natural gas prices even than its European neighbors. | https://localnews8.com/news/ap-national-business/2022/04/01/high-energy-costs-are-hitting-uk-its-about-to-get-worse/ | 2022-04-01T12:03:20Z |
PHILADELPHIA, June 22, 2022 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating Convey Health Solutions Holdings, Inc. ("Convey Health") (NYSE: CNVY) on behalf of the company's current stockholders.
On June 18, 2021, Convey Health completed its initial public offering ("IPO") of common stock, selling over 11.6 million shares of stock to investors at a price of $14.00 per share. By May 2022, shares of Convey Health's stock had declined in value to approximately $5.00 per share.
On June 21, 2022, Convey Health announced that it had agreed to be acquired by private equity firm TPG at a price of $10.50 per share. Following the closing of the proposed transaction, CNVY's shareholders will be cashed out of their investment position, and the company's shares will no longer be publicly traded.
The investigation seeks to determine: (i) whether the transaction is fair to Convey Health shareholders; (ii) whether Convey Health shareholders will be receiving sufficient monetary consideration for their shares; and (iii) whether Convey Health's directors have breached their fiduciary duties to the company's stockholders in agreeing to sell the company to TPG.
Convey Health shareholders are encouraged to contact Kaskela Law LLC (D. Seamus Kaskela, Esq. or Adrienne Bell, Esq.) at (484) 229 – 0750, or by email (abell@kaskelalaw.com) or online at https://kaskelalaw.com/cases/convey-health/ , for additional information about this investigation and their legal rights and options.
Kaskela Law LLC represents investors in securities fraud, corporate governance, and merger & acquisition litigation. For additional information about Kaskela Law LLC please visit www.kaskelalaw.com. This notice may constitute attorney advertising in certain jurisdictions.
CONTACT:
D. Seamus Kaskela, Esq.
Adrienne Bell, Esq.
KASKELA LAW LLC
18 Campus Blvd., Suite 100
Newtown Square, PA 19073
(484) 229 – 0750
(888) 715 – 1740
www.kaskelalaw.com
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SOURCE Kaskela Law LLC | https://www.wibw.com/prnewswire/2022/06/22/kaskela-law-llc-announces-stockholder-investigation-convey-health-solutions-holdings-inc-cnvy-following-announced-agreement-sell-company-1050-per-share-encourages-cnvy-shareholders-contact-firm/ | 2022-06-22T18:56:49Z |
Champs serve up chicken in Lawrence
Three members of the national champion Jayhawks could be found at a Raising Cane’s today
LAWRENCE, Kan. (KCTV) - Some members of the national champion Jayhawks went from dunking basketballs to dunking chicken fingers today.
Some folks at Raising Cane’s at 2435 Iowa St. got quite a surprise when they found themselves picking up their lunch from a national champion.
Christian Braun could be seen working the drive-thru window. He also worked the counter with Jalen Wilson and Mitch Lightfoot.
Plus, they signed autographs and had lunch themselves!
The players said that the support from fans all season has been incredible.
“Even when we got back to Topeka, airport was packed,” said Lightfoot. “It was awesome to see all our fans. They’ve supported us this entire time. It’s awesome to give back to them. They mean the world to us. Rock Chalk!”
News of the trio’s appearance quickly spread, which naturally drew quite a crowd.
Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/04/07/champs-serve-up-chicken-lawrence/ | 2022-04-07T15:08:46Z |
BRUSSELS (AP) — The European Union’s efforts to impose a new round of sanctions against Russia over the war in Ukraineappeared to be bogged down on Monday, as a small group of countries opposed a ban on imports of Russian oil.
Since Russia invaded on Feb. 24, the bloc has implemented five rounds of sanctions on Moscow. President Vladimir Putin, senior officials, more than 350 lawmakers and pro-Kremlin oligarchs were hit with asset freezes and travel bans. Banks, the transport sector and alleged propaganda outlets were targeted.
What could have taken years in the past has been achieved in less than three months — relative light speed for the 27-nation bloc. But limiting Russia’s energy income by weaning their dependency off its oil — not to mention gas supplies — is proving a tougher nut to crack.
The EU’s executive branch, the European Commission, proposed on May 4 a sixth package of war sanctions that included a ban on oil imports from Russia. European Commission President Ursula von der Leyen conceded at the time that securing the agreement of all “will not be easy.”
Hungary is one of a number of landlocked countries that are highly dependent on Russian oil, along with the Czech Republic and Slovakia. Bulgaria also has reservations. Hungary gets more than 60% of its oil from Russia, and 85% of its natural gas.
“We will do our best in order to deblock the situation. I cannot ensure that it is going to happen because positions are quite strong,” EU foreign policy chief Josep Borrell told reporters as he arrived to chair a meeting of the bloc’s foreign ministers in Brussels.
“Some member states face more difficulties because they are more dependent, because they are landlocked,” Borrell said, and “they only have oil through pipelines, and coming from Russia.”
Muddying the waters is Hungarian Prime Minister Viktor Orban’s relationship with Putin. Orban is widely considered to be one of the Russian leader’s closest European allies. He has only reluctantly supported previous EU sanctions, including a phased-in embargo on Russian coal.
Since taking office in 2010, Orban has deepened Hungary’s dependency on Russian energy and says its geography and energy infrastructure make an oil shutdown impossible. His EU partners are at odds over what they believe is driving his reluctance to target oil.
“The whole union is being held hostage by one member state,” Lithuanian Foreign Minister Gabrielius Landsbergis said. He said that the European Commission’s proposal offered members a phaseout of Russian oil until Dec 31, 2024, and that “everybody expected that this would be enough.”
But his Irish counterpart, Simon Coveney, acknowledged that “these are difficult, difficult issues for some countries,” and he added: “Let’s not focus on obstacles and negatives today.”
At the same time, Coveney said, “we need to get on and do this. We need to send a very clear signal to the Kremlin and to Moscow that the cost of their continuing war in Ukraine, which is completely unjustifiable, will continue to increase.”
For now, the ball is in Hungary’s court, as the most vocal member of those opposed. Officials have said that Orban appears to be seeking EU money for energy infrastructure investment. Any compromise is only likely to be found in his talks with von der Leyen, not between ministers.
The oil standoff raises questions about whether the EU has reached the limits of its unity on sanctions. Targeting Russia’s gas sector, on which many more countries are dependent, is likely to prove even tougher.
Officials said before Monday’s meeting that a political agreement is likely to be found on a fourth tranche of money to help supply weapons to Ukraine. It would bring to 2 billion euros ($2.1 billion) the total sum available to fund the purchase of arms and other nonlethal assistance.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine | https://cw33.com/business/ap-business/eus-russia-sanctions-effort-slows-over-oil-dependency/ | 2022-05-16T14:23:16Z |
LoRa® unlocks satellite-based Massive IoT Capability across Europe
DUBLIN, July 5, 2022 /PRNewswire/ -- Today EchoStar Mobile Limited, an agile, innovative mobile satellite services provider and subsidiary of EchoStar Corporation (Nasdaq: SATS), announced the deployment of their pan-European LoRa®-enabled Internet of Things (IoT) network. The network, operating in EchoStar Mobile's licensed S-band spectrum from the EchoStar XXI satellite, is the first to offer bi-directional, real-time LoRa®-enabled connectivity across Europe using a single network.
The seamless coverage provides multinational service continuity to meet the needs of mobility customers, or those with widely distributed locations, in sectors including utilities, transportation, railway, logistics and agritech.
Telemaco Melia, vice president and general manager of EchoStar Mobile, said: "The activation of our pan-European network, the largest, and first multinational, LoRa®-enabled IoT network, is a significant milestone for EchoStar Mobile. We, along with dozens of partners participating in our early adoption program for LoRa®, are evaluating prototype devices and testing the network with applications such as railway track monitoring, smart farming, utility monitoring and asset tracking in preparation for commercial service launch, which is on track for late 2022."
Melia will introduce EchoStar Mobile's bi-directional LoRa®-enabled IoT network during the panel, "From Chip to Space, a satellite IoT story," on 6 July at the LoRaWAN® World Expo in Paris.
LoRa® (meaning "Long Range") is a low-power networking protocol ideal for connecting battery-powered devices. Until now, the technology has been largely dependent on the deployment of terrestrial infrastructure, constraining its use. The EchoStar Mobile solution overcomes this hurdle, using a LoRa®-enabled module that easily integrates into IoT devices to provide connectivity across Europe and allow sensors to send and receive information in real-time while on the move.
Learn more about EchoStar Mobile's pan-European LoRa® ecosystem here. Experienced LoRa® partners interested in participating in the early adoption program for LoRa®-enabled IoT devices can request information through the website.
About EchoStar Mobile
EchoStar Mobile Limited is an agile, innovative mobile satellite services provider that seeks to provide organisations with better value, productivity, and operational safety via its market disruptive approach to connectivity solutions.
EchoStar Mobile, a subsidiary of EchoStar Corporation, is an Irish company with commercial operations headquarters based in the UK, a data centre in Griesheim, Germany, and a converged satellite and terrestrial network covering the UK, Europe and Scandinavia. For further information, visit www.EchoStarMobile.com.
About EchoStar Corporation
EchoStar Corporation (Nasdaq: SATS) is a premier global provider of satellite communication solutions. Headquartered in Englewood, Colo., and conducting business around the globe, EchoStar is a pioneer in secure communications technologies through its Hughes Network Systems and EchoStar Satellite Services business segments. For more information, visit www.EchoStar.com. Follow @EchoStar on Twitter.
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SOURCE EchoStar Mobile | https://www.mysuncoast.com/prnewswire/2022/07/05/echostar-mobile-debuts-first-pan-european-lora-enabled-internet-things-network/ | 2022-07-05T08:48:33Z |
TAIPEI, July 29, 2022 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced its second-quarter 2022 unaudited financial results.
Comments from Management
In the second quarter of 2022, GigaMedia reported revenues of $1.36 million, with a gross profit $0.77 million, an operating loss of $0.84 million and the net loss of $1.13 million. Total revenues decreased by 11.8% if compared to the previous quarter.
The decrease in revenues was mainly as a result of a weaker consumer sentiment on entertainment, which was undermined by inflation, downturn in financial markets, and an unprecedented COVID-19 upsurge in Taiwan.
"The first half of 2022 had posed challenges for us," said GigaMedia CEO James Huang, "nonetheless, we managed to minimize the adverse impacts to our business and continued making progress in improving our products and services."
Second Quarter Overview
- Operating revenues decreased by approximately 11.8% quarter-on-quarter, to $1.36 million from $1.55 million in last quarter, but increased by 11.3% year-over-year from $1.22 million the same period last year. The decrease from last quarter was mainly due to reduced consumer spending on entertainment amid a worsening economic environment.
- Gross profit decreased by 14.1% to $0.77 million from $0.90 million in last quarter, and increased by 22.3% compared to $0.63 million in the same period last year.
- The net asset value was $4.46 per share.
Unaudited Consolidated Financial Results
GigaMedia Limited is a diversified provider of digital entertainment services. GigaMedia's digital entertainment service business FunTown develops and operates a suite of digital entertainments in Taiwan and Hong Kong, with focus on browser/mobile games and casual games.
Unaudited consolidated results of GigaMedia are summarized in the table below.
For the Second Quarter
Second-Quarter Financial Results
- Consolidated revenues for the second quarter of 2022 decreased by 11.8% quarter-on-quarter to $1.36 million from $1.55 million in last quarter, but increased by 11.3% year-over-year from $1.22 million the same period last year.
- Consolidated gross profit was $0.77 million, decreased by 14.1% quarter-on-quarter but increased by 22.3% year-over-year.
- Consolidated loss from operation of the second quarter of 2022 was a loss of $0.84 million, comparable to the operating loss in the first quarter.
- Net loss in the second quarter of 2022 was $1.13 million, increased slightly from a net loss of $1.10 million in the first quarter.
- Cash, cash equivalents and restricted cash at the end of the second quarter of 2022 amounted to $39.6 million, decreased by 2.2% from $40.5 million as of the end of the first quarter.
Financial Position
GigaMedia maintained its solid financial position, with cash, cash equivalents and restricted cash amounted to $39.6 million, or $3.59 per share, as of June 30, 2022.
Business Outlook
The following forward-looking statements reflect GigaMedia's expectations as of July 29, 2022. Given potential changes in economic conditions and consumer spending, the evolving nature of digital entertainments, and various other risk factors, including those discussed in the Company's 2021 Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission as referenced below, actual results may differ materially.
"In the second half of 2022, we will be committing ourselves to boosting the productivity of our products and services by enhancing customer loyalty to our platforms, and expanding customer base with effective marketing strategies," stated GigaMedia CEO James Huang.
Meanwhile, our management continues exploring possibilities of expanding our business through strategic investments to create greater shareholder value. And the recent upheaval in the global capital market may exhibit a chance of acquiring quality assets at a discount, for which we will pursue promising investment opportunities prudently but boldly.
Use of Non-GAAP Measures
To supplement GigaMedia's consolidated financial statements presented in accordance with US GAAP, the Company uses the following measure defined as non-GAAP by the SEC: EBITDA. Management believes that EBITDA (earnings before interest, taxes, depreciation, and amortization) is a useful supplemental measure of performance because it excludes certain non-cash items such as depreciation and amortization and that EBITDA is a measure of performance used by some investors, equity analysts and others to make informed investment decisions. EBITDA is not a recognized earnings measure under GAAP and does not have a standardized meaning. Non-GAAP measures such as EBITDA should be considered in addition to results prepared in accordance with GAAP, but should not be considered a substitute for, or superior to, other financial measures prepared in accordance with GAAP. A limitation of using EBITDA is that it does not include all items that impact the company's net income for the period. Reconciliations to the GAAP equivalents of the non-GAAP financial measures are provided on the attached unaudited financial statements.
About the Numbers in This Release
Quarterly results
All quarterly results referred to in the text, tables and attachments to this release are unaudited. The financial statements from which the financial results reported in this press release are derived have been prepared in accordance with U.S. GAAP, unless otherwise noted as "non-GAAP," and are presented in U.S. dollars.
Q&A
For Q&A regarding the second quarter 2022 performance upon the release, investors may send the questions via email to IR@gigamedia.com.tw, and the responses will be replied individually.
About GigaMedia
Headquartered in Taipei, Taiwan, GigaMedia Limited (Singapore registration number: 199905474H) is a diversified provider of digital entertainment services in Taiwan and Hong Kong. GigaMedia's digital entertainment service business is an innovative leader in Asia with growing capabilities of development, distribution and operation of digital entertainments, as well as platform services for games with a focus on mobile games and casual games. More information on GigaMedia can be obtained from www.gigamedia.com.tw.
The statements included above and elsewhere in this press release that are not historical in nature are "forward-looking statements" within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include statements regarding expected financial performance (as described without limitation in the "Business Outlook" section and in quotations from management in this press release) and GigaMedia's strategic and operational plans. These statements are based on management's current expectations and are subject to risks and uncertainties and changes in circumstances. There are important factors that could cause actual results to differ materially from those anticipated in the forward looking statements, including but not limited to, our ability to license, develop or acquire additional online games that are appealing to users, our ability to retain existing online game players and attract new players, and our ability to launch online games in a timely manner and pursuant to our anticipated schedule. Further information on risks or other factors that could cause results to differ is detailed in GigaMedia's Annual Report on Form 20-F filed in April 2022 and its other filings with the United States Securities and Exchange Commission.
(Tables to follow)
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SOURCE GigaMedia | https://www.wibw.com/prnewswire/2022/07/29/gigamedia-announces-second-quarter-2022-financial-results/ | 2022-07-29T13:28:26Z |
2022 Suncoast Giving Challenge ends at noon Wednesday
The Giving Challenge is an exciting 24-hour online giving event that connects 700+ nonprofit organizations with passionate donors and community members to support diverse causes and create enduring impact in Sarasota, Manatee, Charlotte, and DeSoto counties.
SARASOTA, Fla. (WWSB) - There are only a few hours left for residents around the Suncoast to participate in a giving challenge for non-profits in several counties.
The 24-hour giving day will be held April 26 through 27, 2022, providing millions in unrestricted funding to area nonprofit organization serving Sarasota, Manatee, DeSoto and Charlotte counties.
The Giving Challenge is a 24-hour virtual giving event that brings together nearly 700 local nonprofit organizations listed on The Giving Partner with their passionate donors and community members to support causes and missions they care about while creating transformative impact.
You can visit the official website here to decide which worthy organization you want your money to go to.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/04/27/2022-suncoast-giving-challenge-ends-noon-wednesday/ | 2022-04-29T02:10:10Z |
A unique concept where purpose meets innovation, craftsmanship and creativity
NEW YORK, Aug. 22, 2022 /PRNewswire/ -- The Macallan, together with its luxury automotive partner Bentley Motors, has revealed the remarkable vision and design of The Macallan Horizon, the inspirational and highly innovative limited edition single malt whisky in development by the brands.
The prototype of The Macallan Horizon, which will be available as a whisky product from summer 2023, fuses both traditional craftsmanship and innovative materials, with cutting edge technology to create an exclusive horizontal design. It was visualized following extensive collaboration between The Macallan and Bentley Motors.
In homage to The Macallan's acclaimed Six Pillars, the foundation stones of the brand that account for its distinctive single malt whiskies, The Macallan Horizon concept product incorporates six unique upcycled, repurposed or ethically sourced materials which are integral to The Macallan and Bentley Motors.
Among them are recycled copper from the disused curiously small spirit stills which were located within The Macallan's former Distillery; aluminum recovered from the Bentley Motors manufacturing process; recycled wood; recyclable glass and carbon neutral leather, locally sourced, and also used in the recently unveiled Bentley Mulliner grand tourer.
The final component is the very special single malt whisky being created for The Macallan Horizon. The Macallan Master Whisky Maker Kirsteen Campbell developed the flavor profile for the whisky following a visit to Bentley Motors in Crewe, where she observed first hand their shared passion for creativity, craftsmanship and innovation.
Together, the six key materials, the majority of which have been sourced and produced locally in Scotland and the UK, form a unique concept that defies the traditional vertical aesthetic of a whisky bottle and reflects the horizontal trajectory of the automotive world, pushing the boundaries and the art of the possible.
The visionary design also features a glass bottle with an extraordinary 180-degree twist, representing the mastery of space and time achieved by The Macallan and Bentley Motors in creating the prototype, which has no standing base.
Jaume Ferras, Global Creative Director for The Macallan, comments: "Taking inspiration from the automotive industry, we are showcasing our creative vision and concept development of The Macallan Horizon, which is among the most unique projects we have embarked on in our almost 200-year history.
"Our collaboration with Bentley Motors and the knowledge exchange we have undertaken as a result has inspired us to see things very differently. In the spirits world, everything is upright, such as our stills and our bottles. When we looked at the horizontal direction pursued by Bentley Motors as part of the automotive industry, it made us consider if and how we could adapt this format for whisky, which ultimately requires to be poured.
"I am incredibly proud of the beautiful design we have created together for The Macallan Horizon and the unique materials we are incorporating. It simply would not be possible without the incomparable craftsmanship and creativity for which The Macallan and Bentley Motors are renowned and is the embodiment of the uncompromised excellence pursued by The Macallan since 1824."
Bentley's Head of Design Collaborations, Chris Cooke, comments: "Our prototype for The Macallan Horizon is truly pioneering in both its design and use of materials. It's a fusion of the sharply defined yet curvaceous Bentley design DNA, The Macallan's innovation and recycled materials from both iconic British brands. The form of the design has allowed us to almost treat light as another material in itself, and the interplay between light and the wood, aluminum and copper materials is extraordinary. In being both an object of beauty in itself and demonstrating such innovation, it's a representation of what's coming next from our partnership."
Since the launch of their global partnership in July 2021, The Macallan and Bentley Motors - brands united by a dedication to craftsmanship, creativity, innovation and sustainability - have committed to share learnings from their respective industries while continuing to pursue the uncompromised excellence for which they are renowned.
Information regarding pricing and availability of The Macallan Horizon single malt whisky will be shared closer to its release on www.themacallan.com and www.bentleymotors.com
For further information, please contact:
The Macallan
TheMacallan@mbooth.com
Bentley Motors
Mike Sayer
Head of Product Communications
mike.sayer@bentley.co.uk
+44-7507-46782
Founded in 1824, The Macallan is renowned worldwide for its extraordinary single malt whiskies. Their outstanding quality and distinctive character reveal the uncompromised excellence pursued by The Macallan since it was established by Alexander Reid, on a plateau above the River Spey in north-east Scotland.
In 2018, The Macallan opened a new chapter in its history with the launch of its award-winning Speyside distillery. Designed by internationally acclaimed architects to promote sustainability, the building takes inspiration from the surrounding ancient Scottish hills. It stands nearby Easter Elchies House, the Highland Manor built in 1700 which is The Macallan's spiritual home and remains the heartbeat of The Macallan's beautiful 485-acre Estate.
Crafted without compromise. Please savor The Macallan responsibly.
Bentley Motors is the most sought-after luxury car brand in the world. The company's headquarters in Crewe is home to all of its operations including design, R&D, engineering, and production of the company's five model lines: Continental GT, Continental GTC, Flying Spur, Bentayga and Bentayga EWB. The combination of fine craftsmanship, using skills that have been handed down through generations, alongside engineering expertise and cutting-edge technology is unique to UK luxury car brands such as Bentley. It is also an example of high-value British manufacturing at its best. Bentley employs around 4,000 people at Crewe.
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SOURCE The Macallan | https://www.mysuncoast.com/prnewswire/2022/08/22/macallan-bentley-motors-unveil-first-product-collaboration-prototype-macallan-horizon/ | 2022-08-22T14:24:21Z |
Agreement expands Agency Revolution's website capabilities and cements their position as the premier end-to-end marketing solution for insurance agencies and agents
SAN DIEGO, Aug. 17, 2022 /PRNewswire/ -- Agency Revolution, the leading provider of digital marketing solutions for the insurance industry, today announced its acquisition of Forge3, the highest-rated, fastest-growing insurance agency website platform.
"Forge3 has a tremendous reputation in the industry with a 9.9 out of 10 post-launch client rating and five stars on Google," said Scott White, CEO of Agency Revolution. "They've pioneered the use of interactive website designs to provide insurance agencies with the tools to get found, close business, and deliver a seamless client experience. Forge3's products and team will remain intact as we combine what they are loved for, high converting insurance websites, with the power of Agency Revolution's robust marketing automation and workflow capabilities. The result of this partnership is a one-stop solution that meets all the marketing needs for insurance agents."
With this agreement, Agency Revolution will combine its best-in-class marketing automation platform, Fuse™, with Forge3's innovative ActiveAgency website platform creating an unparalleled marketing system for the insurance industry. Agency Revolution, known as the pioneer in marketing automation for insurance agents in both personal and commercial lines of business, enables personalized, multi-touch, cross-channel communications at pivotal points in the customer journey.
"We're incredibly proud of the website platform we've built and the reputation we've established over many years working with well over 1,200 independent insurance agencies," said Jeff Teschke, founder and CEO of Forge3. "Looking forward, we're excited to combine our proven, best-in-class website platform with Agency Revolution's leading marketing, content, and communication solution. It's a powerful combination unlike anything else in the industry."
For more information on this news and to register for a webinar with the Agency Revolution leadership team discussing how this exciting news affects existing Forge3 and Agency Revolution clients, click here.
Agency Revolution, an FMG company, has served the insurance industry for more than 25 years with a marketing platform to help independent insurance agents and brokers automate their communications, build deeper, more meaningful client relationships, and grow their agencies and brokerages. From professionally designed websites backed by an award-winning content library to a collection of marketing, communication, and relationship-building tools, Agency Revolution empowers the modern insurance agency with the services and solutions to advance how they do business and grow. Learn more.
Founded in 2004, Forge3's ActiveAgency website platform is now used by well over 1,200 independent insurance agencies across the country. Forge3 has pioneered the industry's most innovative and powerful sales tools, including Clickable Coverage, Hello Producer, Power Panels, and more, while also earning an incredible reputation within the industry. They are known for their human-powered, people-first approach combined with innovative technology and solutions. ActiveAgency is the highest-rated, fastest-growing insurance agency website platform in the industry, focused on enabling agencies to look amazing, get found, sell more, and service better.
Agency Revolution Press Contacts
Katherine Verducci
1903 PR
kverducci@1903pr.com
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SOURCE Agency Revolution | https://www.mysuncoast.com/prnewswire/2022/08/17/agency-revolution-acquires-forge3-become-undisputed-leader-marketing-solutions-insurance-industry/ | 2022-08-17T16:47:40Z |
VERO BEACH, Fla., April 12, 2022 /PRNewswire/ -- QOL Medical, LLC today announced their theme for the 4th annual National Sucrose Intolerance Awareness Week, from April 11-17, 2022. This year's theme, "Is Sucrose Intolerance Real?" was selected based on one of the top Goggled questions in the food intolerance and allergy category. This life-altering condition is commonly misdiagnosed, leaving many patients suffering in silence for years.
National Sucrose Intolerance Awareness Week: April 11-17th 2022
This week has been established to raise awareness about the unmet needs of people suffering from symptoms due to an inability to digest sucrose (table sugar). Sucrose Intolerance due to Congenital Sucrase-Isomaltase Deficiency (CSID) is caused by genetic variants that result in diminished or absent digestive activity of sucrase-isomaltase, an enzyme in the small intestine. The reduction or absence of this enzyme activity makes it difficult to properly digest sucrose (table sugar) and starch found in many foods.
"Our goal with this year's theme is to not only raise awareness for Sucrose Intolerance, but to address the most common questions potential patients have around this painful and very treatable condition," said Anthony D'Elia, Vice President of Marketing for QOL Medical, LLC. "Many patients suffer for years with debilitating symptoms before getting properly diagnosed because there isn't enough education and awareness about this condition, and many of the symptoms overlap with the more commonly marketed gastrointestinal intolerances and diseases."
Sucrose Intolerance caused by CSID is a chronic medical condition, affecting infants, teens, and adults. The symptoms typically occur after eating or drinking foods high in sugar, like apple juice, ice cream, cake, and a variety of fruits and vegetables. Symptoms include:
- Abdominal pain
- Gas
- Bloating
- Chronic diarrhea
- Nausea
In infants, complications from these symptoms may also cause colic-like symptoms, dehydration, malnutrition, and failure to thrive. Learn more at http://www.sucroseintoleranceawareness.org. There is no cure for Sucrose Intolerance (CSID), but there are treatment options available to help minimize symptoms.
About QOL Medical, LLC
QOL Medical is a specialty biopharmaceutical company dedicated to improving clinical outcomes and the overall quality of life for patients with rare diseases. QOL Medical is a patient-centric company founded in 2003 to focus on the acquisition and commercialization of orphan and gastrointestinal products in underserved markets. Learn more at www.qolmed.com.
Media Contact:
QOL Medical, LLC
Tiffany Carter
Phone: 818-720-8557
Email: tiffany@tlcmarketingpr.com
Corporate Contact:
QOL Medical, LLC
3405 Ocean Drive
Vero Beach, FL 32963
Phone: 866-469-3773
Fax: 772-365-3375
Email: info@qolmed.com
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SOURCE QOL Medical, LLC | https://www.kxii.com/prnewswire/2022/04/12/food-sensitivity-symptoms-may-be-caused-by-sucrose-intolerance-fourth-annual-national-sucrose-intolerance-awareness-week-april-11-17-2022/ | 2022-04-12T15:09:02Z |
Drought Makes It Tough On Those Who Make Their Living Off The Land
By Rick Sallinger
Click here for updates on this story
LAFAYETTE, Colorado (KCNC) — The dry, windy and warm conditions are being called an “extreme drought” in Colorado. It’s been difficult for those who make their living off the land.
It is a most unwelcome combination for farmers: dust and wind. The conditions at the Three Leaf Farm in Lafayette are being felt all around eastern Colorado.
“Underneath my fabric is broccoli, lettuce and cabbages,” said Jax Martinelli.
Martinelli is a farm manager. The cloth is to protect his crop, but the wind has been tearing it apart.
The lack of water has made irrigation more frequent and costly. There’s less for the cattle to eat. It’s also made hay more expensive. That’s to feed the horses.
Jessi Leonard, the barn manager says, “The wind has been a big factor so normally all summer long our horses will wear fly masks to protect them from flies going into their eyes and they’ve been wearing them all spring because of the wind blowing into their faces.”
The wind has blown away seed and topsoil. It may not yet resemble the dust bowls of the 30s, but it’s not good.
Martinelli finds it hard to recall a spring like this.
“In the last five years that I have worked here it has rained consistently during March and April and I haven’t seen a drop of rain since mainly January,” said Martinelli.
What they grow here on this farm goes directly to their restaurants’ tables. They don’t want to have to cut back on what they can grow.
Martinelli has a wish, “I hope that it rains soon.”
The food they grow on this farm goes directly to their restaurants, The Dushanbe Tea House and Chautauqua Dining Hall and Leaf Vegetarian restaurant in Boulder; The Huckleberry, Zucca Italian Ristorante and Boulder Tea Company and Three Leaf Catering in Louisville. There is also a restaurant at the Three Leaf Farm in Lafayette.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/04/29/drought-makes-it-tough-on-those-who-make-their-living-off-the-land/ | 2022-04-30T05:41:28Z |
NEW YORK, June 8, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of HUMBL, Inc. ("HUMBL" or the "Company") (OTCMKTS: HMBL). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether HUMBL and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
HUMBL began trading publicly on November 12, 2020, after a reverse merger with Tesoro Enterprises, Inc. HUMBL failed to disclose that the HUMBL Pay App did not have the basic functionality promised to investors and that several of the Company's hyped international business partnerships had a very low chance of contributing material revenues to the Company's bottom line. The Company also sold a series of highly speculative unregistered securities called BLOCK Exchange Traded Index ("ETX") products. These products purported to "simplify digital asset investing" for customers seeking exposure to cryptocurrency investments. In reality, these were unregistered securities that were collateralized by a variety of highly speculative and risky digital assets. On April 25, 2022, the price of HUMBL common stock hit a low of $0.11 per share, down from a price high of $6.84 during the Class Period. Likewise, the price of BLOCK ETX has dropped over 87% from its height during the Class Period and has not recovered.
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/2022/06/09/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-humbl-inc-hmbl/ | 2022-06-09T01:24:23Z |
Chairman Bryant Harden and members of the Albany-Dougherty Historic Preservation Commission:
Albany is often presented with opportunities and sets of circumstances that make it possible to do something impactful that benefits its citizens and its economy. In more recent years, there have been limited home-grown opportunities of the transformative magnitude represented by the Living and Learning Center proposed by Phoebe Putney Health System in partnership with Albany Technical College.
As were many throughout the community, we were disappointed by the Albany-Dougherty Historic Preservation Commission’s July 12 opposition to the proposed center, a $40 million project that would create an innovative health professions education and training facility and resurrect life, interest and purpose to the long-since closed former Albany Middle School.
We applaud the Albany City Commission’s unanimous overruling on Aug. 16 of the HPC’s 4-3 opposition to the project and concur with Albany Mayor Bo Dorough that the HPC has not demonstrated “that the proposed material changes in appearance would have substantial adverse impacts on the aesthetic, historic or architectural significance and value of the historic property or the historic district.”
That the HPC would then immediately file an intent to pursue legal action in Dougherty County Superior Court to appeal the city’s decision raises question as to the appointed group’s discernment.
It may not be within the HPC’s limited purview to weigh the benefits of the center, which is expected to allow Albany Tech to increase its number of nursing graduates from a projected 233 this year to 350 in 2023 and 470 in 2024, and raise the educational attainment of the community while acting as a local slow-release valve for the nursing shortage crisis that is impacting care and costs. Nursing graduates would then begin filling the more than 500 locally available, high-wage nursing jobs.
It is, however, per the commission’s page at albanyga.gov, the “overall goal of the local district and the design guidelines to retain the distinctive and historic character of Albany without placing undue financial burdens or time delays on building owners.” It is here where the Historic Preservation Commission has failed. And now, as it prepares to square off in court with its parent commission, the HPC places undue financial burdens on the citizens and community itself.
Albany cannot move forward with one foot on the gas and the other on the brake. The Albany Area Chamber, representing nearly 800 member businesses and community organizations, respectfully requests that the HPC withdraw its appeal. Further, we encourage the commission to re-examine its perspective and to wield its authority in such a way that utilizes historic preservation as a pragmatic tool that helps Albany build a bright future.
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accounts, the history behind an article. | https://www.albanyherald.com/opinion/albany-area-chamber-of-commerce-open-letter-to-historic-preservation-commission/article_a63ff7f0-2950-11ed-bf4c-ff9a20e644c4.html | 2022-08-31T18:40:29Z |
KANSAS CITY, Mo. (WDAF) – Coors Light’s latest ad starring Kansas City Chiefs quarterback Patrick Mahomes features a creative way to promote the adult beverage, despite league rules against it.
In the new ad, Mahomes debuts a new item: The Coors Light, a flashlight with Coors Light branding, but no beverage inside.
“It’s a flashlight, not a beer,” the narrator says in the ad, which Mahomes shared on Twitter.
The ad shows Mahomes pull the flashlight out of the fridge and handle it like a beverage.
“Nothing beats the sturdy feeling of The Coors Light in your hand. The Coors Light is 100% flashlight and 0% adult beverage. It’s perfect for camping trips or those warm summer nights spent with great friends,” the announcer continues.
The ad ends with the 2018 NFL MVP opening the flashlight to the sound of a can opening, turning the flashlight over and pouring out the batteries.
The NFL’s current regulations prohibit players from directly endorsing alcoholic beverages, but the policy was relaxed in 2019, according to a leaked email obtained by Mark Burns from the Morning Consult.
Morning Consult added that the following limitations would apply, citing sources familiar with the then-new guidelines.
- Companies could only use active players
- The ads cannot imply the players are endorsing the product
- The creative materials must use only licensed Associated Press action shots of players in uniform
Mahomes’ involvement solely features him with the flashlight, which also has the logo of his “15 and the Mahomies” foundation on the side. Proceeds from the $15 flashlight will benefit the foundation.
It’s no secret that Mahomes has a sponsorship with Coors Light, as his likeness has been featured in several ads. He also served personalized bottles of the beer, which featured his and his wife Brittany’s faces, during their wedding weekend. And during a charity golf match in June, when he teamed up with Buffalo Bills QB Josh Allen to face Green Bay Packers QB Aaron Rodgers and Tampa Bay Buccaneers QB Tom Brady, he name-dropped Coors, calling it his “swing juice” to help him perform on the course.
Coors Light was also a sponsor for his charity golf tournament every summer, and for his involvement with the HBCU Legacy Bowl. | https://cw33.com/sports/patrick-mahomes-stars-in-coors-light-commercial-sidesteps-nfl-beer-rule-using-loophole/ | 2022-07-15T21:17:02Z |
NEW YORK, July 13, 2022 /PRNewswire/ -- The Harris Poll, a Stagwell (NASDAQ: STGW) agency, is proud to be a sponsor of the 2022 17th Annual Fierce Pharma PR & Communications Summit, the premier event dedicated to providing life science communicators with industry updates and best practices for successful communications strategies in today's complex healthcare environment. The summit will be held July 19 and 20 in Jersey City, NJ.
"The Pharma PR summit is such a valuable conference for healthcare communicators, marketers, policy makers, and advocates and one I'm always happy to support and participate in," said Kathy Steinberg, Vice President at The Harris Poll and Advisory Board member for Fierce Pharma. "In an increasingly fragmented and complicated media landscape, I think it's more important than ever for data-driven thought leadership to be a core feature of how players in the healthcare space communicate with their many and varied stakeholders."
Three representatives from The Harris Poll's Media Communications Research and Reputation practices will present at the summit:
- Steinberg, Vice President and Advisory Board member for Fierce Pharma, moderating, "Digital First & Data Driven Communications Best Practices" on Day 1 of the conference;
- Michele Salomon, Vice President, moderating "Combating Misinformation and Bias in Healthcare Communications," also on Day 1; and,
- Rob Jekielek, Managing Director, who will lead, "Pharma Reputation: Fighting the Fade with Purposeful Pivots" on Day 2 of the conference.
Jekielek will present the latest Harris Poll data tracking the Pharma industry's reputation from The Axios-Harris Poll 100 (Harris Poll's 23rd Annual RQ Study). Additionally, insights from key HCP/ healthcare experts will be shared to understand today's marketplace more fully. This data-driven session will look at the incredible evolution of corporate reputation in the pharma and biotech industries from well before COVID to today.
The Harris Poll will also share new research, conducted among a nationally representative sample of over 2,000 U.S. adults, to understand health information sources and the role they play in supporting patients in managing their health as well as facilitating their relationship with their healthcare providers. The research includes a comparison of the public's trust in health-related information sources from 2019 to 2022.
The Harris Poll has been a sponsor of the Fierce Pharma PR Summit for four years.
For more information about The Harris Poll or to learn more about our healthcare practice, please visit the https://theharrispoll.com/industries/healthcare/
About The Harris Poll
The Harris Poll is one of the longest-running surveys in the U.S., tracking public opinion, motivations and social sentiment since 1963. It is now part of Harris Insights & Analytics, a global consulting and market research firm that strives to reveal the authentic values of modern society to inspire leaders to create a better tomorrow. We work with clients in three primary areas; building twenty-first century corporate reputation, crafting brand strategy and performance tracking, and earning organic media through public relations research. Our mission is to provide insights and advisory to help leaders make the best decisions possible.
About the Media Communications Research Practice
Built on the 50+ year heritage of The Harris Poll, the Media Communications Research practice supports the full scope of clients' data-driven communications strategy, including paid, earned, social and owned media. Whether the goal is to own and tell their own story through thought leadership research, to measure what the public thinks or knows through public opinion polling, or to influence the policy and legislative agenda by taking a public affairs lens, our consultants guide the research and analysis process, from discovering a unique space a client can own through supporting the full range of outreach activities.
Harris Poll Reputation Practice
The Harris Poll's reputation insights capabilities are powered by 25 years of dedicated expertise that provide strategic guidance, well beyond just the data or a dashboard. 2022 marks the 23rd annual release of the Harris Poll's Reputation Quotient (RQ) Study – currently released in partnership with Axios as The Axios-Harris Poll 100 (more details can be found here: https://theharrispoll.com/partners/media/axios-harrispoll-100/)
The Harris Poll's healthcare reputation expertise is showcased through regularly building and managing programs that cover 20+ global markets and 12+ stakeholders (including the most complex and hard to reach, such as Policy Makers, Payers, and Hospital System Decision Makers, in addition all healthcare Medical Specialties). Today, more than ever, this work also creates actionable value in context of ever-changing business, societal and healthcare issue/ trend landscape.
Contact:
Michele Salomon
michele.salomon@harrispoll.com
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SOURCE Stagwell Inc. | https://www.kxii.com/prnewswire/2022/07/13/stagwells-stgw-harris-poll-sponsors-annual-fierce-pharma-pr-amp-communications-summit-presenting-results-healthcare-communications-reputation-pharma-industry/ | 2022-07-13T23:42:12Z |
NEW YORK, July 21, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Yext, Inc. ("Yext" or the "Company") (NYSE: YEXT) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Yext investors who were adversely affected by alleged securities fraud between March 4, 2021 and March 8, 2022. Follow the link below to get more information and be contacted by a member of our team:
YEXT 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: (i) Yext's revenue and earnings were significantly deteriorating because of, among other things, poor sales execution and performance, as well as COVID-19 related disruptions; (ii) accordingly, Yext was unlikely to meet consensus estimates for its full year fiscal 2022 financial results and fiscal 2023 outlook; and (iii) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Yext during the relevant time frame, you have until August 16, 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.wibw.com/prnewswire/2022/07/21/yext-lawsuit-alert-levi-amp-korsinsky-notifies-yext-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-21T11:30:06Z |
DALLAS (KDAF) — The National Weather Service center in Fort Worth has released a preliminary forecast for Friday, Saturday and a quick look at the forecast for Sunday through Wednesday of next week.
Here’s what NWS Fort Worth says about Friday’s chances for storms, and more, “A low (10-20%) chance for showers and storms is possible for areas east of US-281 in the afternoon hours on Friday. Gusty winds will be the main concern for any storms that form. Otherwise expect a warm afternoon, with heat indices in the mid 90s to around 104. Southeasterly winds around 5-15 mph are expected.”
Saturday more of the same with a smaller chance for isolated storms, “Afternoon highs on Saturday will be in the mid-upper 90s, with heat indices between the mid 90s to around 105 out east. An isolated chance for showers and storms (20%) is possible for our eastern counties during the afternoon hours.”
Lastly, a quick look at the temps you can expect across the North Texas region from Sunday-Wednesday, “The afternoons each day from Sunday through Wednesday will be warm. High temperatures and heat indices will range from the 90s into triple digits. Mostly sunny skies will prevail through the 5 days in question.” | https://cw33.com/news/local/stormy-windy-hot-end-of-work-week-in-store-for-north-texas-heres-what-you-need-to-know/ | 2022-06-16T21:56:42Z |
GAAP Diluted Net Income of $0.69 per Unit
Adjusted Diluted Net Income of $0.71 per Unit
Cash Distribution of $0.71 per Unit
NASHVILLE, Tenn., July 29, 2022 /PRNewswire/ -- AllianceBernstein L.P. ("AB") and AllianceBernstein Holding L.P. ("AB Holding") (NYSE: AB) today reported financial and operating results for the quarter ended June 30, 2022.
"Financial markets declined sharply in the second quarter, as global macroeconomic concerns deepened due to accelerating inflation, higher interest rates, and a complex geopolitical backdrop," said Seth P. Bernstein, President and CEO of AllianceBernstein. "Net outflows of $2.7 billion were moderate, as taxable fixed income outflows were partially offset by continued organic growth in municipals, alternatives/multi-asset and active equities. Our fee rate improved by 2% year-over-year, reflecting a mix shift towards alternatives and active equities, and our trailing twelve month organic growth was 3%. While near-term fixed income investment performance was challenged as credit underperformed, 5-year overall performance was solid, particularly in equities. AB's financial performance reflected lower asset prices, with year-over-year adjusted operating income declining by 19% and adjusted earnings per Unit and distributions to Unitholders declining by 22%."
Bernstein continued, "Retail sales continued to moderate from record 2021 levels, reflecting weaker markets; however, active equities and municipals posted their 21st and 8th consecutive quarters of organic growth, respectively. Net outflows were $2.2 billion driven by taxable fixed income. Our Institutional channel grew organically for the 8th straight quarter, with net inflows of $0.7 billion, and our pipeline of $10.2 billion increased 4% sequentially, with most additions in higher-fee Alternatives. Private Wealth saw net outflows of $1.2 billion, driven by tax payments on 2021 capital gains. Bernstein Research revenues increased 1% versus the prior year, with higher U.S. volumes offset by lower trading activity in Asia and Europe."
Bernstein concluded, "In challenging environments, our time-tested investment teams remain focused on the fundamentals that drive shareholder value and returns. We generally favor quality companies with strong financial profiles that can weather more volatile economic conditions. We are pleased to have closed the CarVal acquisition on July 1, with $2.1 billion in capital raised by the CarVal team since our acquisition announcement, and are excited for our clients, including our partner Equitable Holdings, to experience our expanded private alternatives offering. Our talented teams are guided by our shared purpose: pursuing insight that unlocks opportunity."
The firm's cash distribution per Unit of $0.71 is payable on August 18, 2022, to holders of record of AB Holding Units at the close of business on August 8, 2022.
Total net outflows were $2.7 billion in the second quarter, compared to net inflows of $11.4 billion in the first quarter of 2022, and net inflows of $6.2 billion in the prior year second quarter. AXA redemptions of low-fee fixed income mandates and net flows excluding these redemptions were as follows:
Institutional channel second quarter net inflows of $0.7 billion compared to net inflows of $10.2 billion in the first quarter of 2022. Excluding AXA redemptions of low-fee fixed income mandates of $0.6 billion in the second quarter, net inflows were $1.3 billion. First quarter net inflows reflected a large $9.6 billion custom target-date mandate. Institutional gross sales of $3.3 billion decreased sequentially from $14.3 billion, in part reflecting the $9.6 billion custom target-date mandate in the first quarter. The pipeline of awarded but unfunded Institutional mandates increased sequentially to $10.2 billion at June 30, 2022 from $9.8 billion at March 31, 2022.
Retail channel second quarter net outflows of $2.2 billion compared to net outflows of $1.0 billion in the first quarter of 2022. Retail gross sales of $17.3 billion decreased sequentially from $20.6 billion.
Private Wealth channel second quarter net outflows of $1.2 billion compared to net inflows of $2.2 billion in the first quarter of 2022. Private Wealth gross sales of $3.3 billion decreased sequentially from $6.0 billion.
We expect approximately $4 billion of additional AXA-related redemptions of low-fee AUM in the second half of 2022.
We are presenting both earnings information derived in accordance with accounting principles generally accepted in the United States of America ("US GAAP") and non-GAAP, adjusted earnings information in this release. Management principally uses these non-GAAP financial measures in evaluating performance because we believe they present a clearer picture of our operating performance and allow management to see long-term trends without the distortion caused by long-term incentive compensation-related mark-to-market adjustments, real estate charges/credits and other adjustment items. Similarly, we believe that non-GAAP earnings information helps investors better understand the underlying trends in our results and, accordingly, provides a valuable perspective for investors. Please note, however, that these non-GAAP measures are provided in addition to, and not as a substitute for, any measures derived in accordance with US GAAP and they may not be comparable to non-GAAP measures presented by other companies. Management uses both US GAAP and non-GAAP measures in evaluating our financial performance. The non-GAAP measures alone may pose limitations because they do not include all of our revenues and expenses.
AB Holding is required to distribute all of its Available Cash Flow, as defined in the AB Holding Partnership Agreement, to its Unitholders (including the General Partner). Available Cash Flow typically is the adjusted diluted net income per unit for the quarter multiplied by the number of units outstanding at the end of the quarter. Management anticipates that Available Cash Flow will continue to be based on adjusted diluted net income per unit, unless management determines, with concurrence of the Board of Directors, that one or more adjustments made to adjusted net income should not be made with respect to the Available Cash Flow calculation.
Second quarter net revenues of $1.0 billion decreased 10% from $1.1 billion in the second quarter of 2021. The decrease was due to investment losses in the current year compared to investment gains in the prior year, lower performance-based fees and investment advisory base fees.
Sequentially, net revenues of $1.0 billion decreased 12%. The decrease was due to lower performance-based fees, investment advisory base fees, distribution revenues, Bernstein Research revenues and higher investment losses, offset by higher net dividend and interest income.
Second quarter Bernstein Research revenues of $106 million increased 1% compared to the prior year second quarter and decreased 10% sequentially. The increase from prior year was driven by greater customer trading activity in the U.S., offset by lower customer trading volumes in Asia and Europe. The sequential decrease was due to a reduction in global customer trading activity, partially offset by the timing of research payments.
Second quarter operating expenses of $778 million decreased 2% from $793 million in the second quarter of 2021. The decrease is due to lower total employee compensation and benefits expense, partially offset by higher general and administrative ("G&A") expenses and promotion and servicing expenses. Employee compensation and benefits expense decreased due to lower incentive compensation, partially offset by higher commissions, base compensation and other employment costs. Within G&A, the increase was driven by higher portfolio servicing fees, technology, professional fees and office-related expenses. Promotion and servicing expenses increased due to higher travel and entertainment and marketing expenses, partially offset by lower distribution-related payments.
Sequentially, operating expenses decreased 9% from $857 million, primarily driven by lower total employee compensation and benefits expense, G&A expense and promotion and servicing expenses. Employee compensation and benefits expense decreased due to lower incentive compensation, fringes and commissions, partially offset by higher base compensation. Within G&A, the decrease was driven by lower portfolio servicing fees, professional fees and office-related expenses, partially offset by higher technology expenses. Promotion and servicing expenses decreased due to lower distribution-related payments, partially offset by higher marketing and travel and entertainment expenses.
Second quarter operating income of $193 million decreased 32% from $284 million in the second quarter of 2021 and the operating margin of 22.6% in the second quarter of 2022 decreased 340 basis points from 26.0% in the second quarter of 2021.
Sequentially, operating income decreased 22% from $248 million in the first quarter of 2022 and the operating margin of 22.6% decreased 210 basis points from 24.7% in the first quarter of 2022.
Second quarter diluted net income per Unit was $0.69 compared to $0.91 in the second quarter of 2021 and $0.87 in the first quarter of 2022.
This section discusses our second quarter 2022 non-GAAP financial results, compared to the second quarter of 2021 and the first quarter of 2022. The phrases "adjusted net revenues", "adjusted operating expenses", "adjusted operating income", "adjusted operating margin" and "adjusted diluted net income per Unit" are used in the following earnings discussion to identify non-GAAP information.
Second quarter adjusted net revenues of $816 million decreased 7% from $881 million in the second quarter of 2021. The decrease was due to lower performance-based fees and investment advisory base fees.
Sequentially, adjusted net revenues decreased 10% from $904 million. The decrease was due to lower investment advisory base fees, performance-based fees and Bernstein Research revenues.
Second quarter adjusted operating expenses of $590 million decreased 2% from $602 million in the second quarter of 2021. Lower total employee compensation and benefits were partially offset by higher promotion and servicing expenses and G&A expense. Employee compensation and benefits expense decreased due to lower incentive compensation, partially offset by higher commissions, base compensation and other employment costs. Promotion and servicing expenses increased due to higher travel and entertainment and marketing expenses. Within G&A, the increase was driven by higher technology expenses and an unfavorable foreign exchange translation impact, partially offset by lower errors.
Sequentially, adjusted operating expenses decreased 5% from $619 million. Lower total employee compensation and benefits were partially offset by higher promotion and servicing expenses and G&A expense. Employee compensation and benefits expense decreased due to lower incentive compensation, fringes and commissions, offset by higher base compensation and other employment costs. Promotion and servicing expenses increased due to higher marketing expenses and travel and entertainment, partially offset by lower transfer fees. Within G&A, the increase was driven by higher technology expenses, an unfavorable foreign exchange translation impact and higher professional fees, partially offset by lower office-related expenses and errors.
Second quarter adjusted operating income of $226 million decreased 19% from $279 million in the second quarter of 2021, and the adjusted operating margin of 27.7% decreased 400 basis points from 31.7%.
Sequentially, adjusted operating income of $226 million decreased 21% from $285 million and the adjusted operating margin of 27.7% decreased 380 basis points from 31.5%.
Second quarter adjusted diluted net income per Unit was $0.71 compared to $0.91 in the second quarter of 2021 and $0.90 in the first quarter of 2022.
As of June 30, 2022, we had 4,313 employees, compared to 4,005 employees as of June 30, 2021 and 4,161 as of March 31, 2021.
(1) Purchased on a trade date basis. The difference between open-market purchases and units retained reflects the retention of AB Holding Units from employees to fulfill statutory tax withholding requirements at the time of delivery of long-term incentive compensation awards.
Management will review Second Quarter 2022 financial and operating results during a conference call beginning at 9:00 a.m. (CT) on Friday, July 29, 2022. The conference call will be hosted by Seth Bernstein, President & Chief Executive Officer; Kate Burke, Chief Operating Officer & Chief Financial Officer; Bill Siemers, Controller & Chief Accounting Officer, and Matt Bass, Head of Private Alternatives.
Parties may access the conference call by either webcast or telephone:
- To listen by webcast, please visit AB's Investor Relations website at http://alliancebernstein.com/investorrelations at least 15 minutes prior to the call to download and install any necessary audio software.
- To listen by telephone, participants are required to obtain a personalized PIN via registration at https://dpregister.com/sreg/10168625/f382514a84 prior to dialing (888) 222-5992 in the US or +1 (412) 902-6748 from outside the US.
The presentation management will review during the conference call will be available on AB's Investor Relations website shortly after the release of Second Quarter 2022 financial and operating results on July 29, 2022.
A replay of the webcast will be made available beginning approximately one hour after the conclusion of the conference call. An audio replay of the conference call will also be available for one week. To access the audio replay, please call (877) 344-7529 in the US, or +1 (412) 317-0088 from outside the US, and provide the conference ID #: 3006846.
Certain statements provided by management in this news release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are subject to risks, uncertainties and other factors that could cause actual results to differ materially from future results expressed or implied by such forward-looking statements. The most significant of these factors include, but are not limited to, the following: the performance of financial markets, the investment performance of sponsored investment products and separately-managed accounts, general economic conditions, industry trends, future acquisitions, integration of acquired companies, competitive conditions, and government regulations, including changes in tax regulations and rates and the manner in which the earnings of publicly-traded partnerships are taxed. AB cautions readers to carefully consider such factors. Further, such forward-looking statements speak only as of the date on which such statements are made; AB undertakes no obligation to update any forward-looking statements to reflect events or circumstances after the date of such statements. For further information regarding these forward-looking statements and the factors that could cause actual results to differ, see "Risk Factors" and "Cautions Regarding Forward-Looking Statements" in AB's Form 10-K for the year ended December 31, 2021 and subsequent Forms 10-Q. Any or all of the forward-looking statements made in this news release, Form 10-K, Forms 10-Q, other documents AB files with or furnishes to the SEC, and any other public statements issued by AB, may turn out to be wrong. It is important to remember that other factors besides those listed in "Risk Factors" and "Cautions Regarding Forward-Looking Statements", and those listed below, could also adversely affect AB's revenues, financial condition, results of operations and business prospects.
The forward-looking statements referred to in the preceding paragraph include statements regarding:
- The pipeline of new institutional mandates not yet funded: Before they are funded, institutional mandates do not represent legally binding commitments to fund and, accordingly, the possibility exists that not all mandates will be funded in the amounts and at the times currently anticipated, or that mandates ultimately will not be funded.
- The possibility that AB will engage in open market purchases of AB Holding Units to help fund anticipated obligations under our incentive compensation award program: The number of AB Holding Units AB may decide to buy in future periods, if any, to help fund incentive compensation awards depends on various factors, some of which are beyond our control, including the fluctuation in the price of an AB Holding Unit (NYSE: AB) and the availability of cash to make these purchases.
This announcement is intended to be a qualified notice under Treasury Regulation §1.1446-4(b)(4). Please note that 100% of AB Holding's distributions to foreign investors is attributable to income that is effectively connected with a United States trade or business. Accordingly, AB Holding's distributions to foreign investors are subject to federal income tax withholding at the highest applicable tax rate, 37% effective January 1, 2018.
AllianceBernstein is a leading global investment management firm that offers high-quality research and diversified investment services to institutional investors, individuals and private wealth clients in major world markets.
As of June 30, 2022, including both the general partnership and limited partnership interests in AllianceBernstein, AllianceBernstein Holding owned approximately 35.7% of AllianceBernstein and Equitable Holdings ("EQH"), directly and through various subsidiaries, owned an approximate 65.0% economic interest in AllianceBernstein.
Additional information about AllianceBernstein may be found on our website, www.alliancebernstein.com.
AB
Notes to Consolidated Statements of Income and Supplemental Information
(Unaudited)
Net Revenue, as adjusted, is reduced to exclude all of the company's distribution revenues, which are recorded as a separate line item on the consolidated statement of income, as well as a portion of investment advisory services fees received that is used to pay distribution and servicing costs. For certain products, based on the distinct arrangements, certain distribution fees are collected by us and passed through to third-party client intermediaries, while for certain other products, we collect investment advisory services fees and a portion is passed through to third-party client intermediaries. In both arrangements, the third-party client intermediary owns the relationship with the client and is responsible for performing services and distributing the product to the client on our behalf. We believe offsetting distribution revenues and certain investment advisory services fees is useful for our investors and other users of our financial statements because such presentation appropriately reflects the nature of these costs as pass-through payments to third parties that perform functions on behalf of our sponsored mutual funds and/or shareholders of these funds. Distribution-related adjustments fluctuate each period based on the type of investment products sold, as well as the average AUM over the period. Also, we adjust distribution revenues for the amortization of deferred sales commissions as these costs, over time, will offset such revenues.
We adjust investment advisory and services fees and other revenues for pass through costs, primarily related to our transfer agent and shareholder servicing fees. These fees do not affect operating income, but they do affect our operating margin. As such, we exclude these fees from adjusted net revenues.
We also adjust for the revenue impact of consolidating company-sponsored investment funds by eliminating the consolidated company-sponsored investment funds' revenues and including AB's fees from such consolidated company-sponsored investment funds and AB's investment gains and losses on its investments in such consolidated company-sponsored investment funds that were eliminated in consolidation.
Lastly, adjusted net revenues exclude investment gains and losses and dividends and interest on employee long-term incentive compensation-related investments.
During the fourth quarter of 2021, we wrote down an equity method investment; this write down brought the investment balance to zero.
Adjusted operating income represents operating income on a US GAAP basis excluding (1) real estate charges (credits), (2) the impact on net revenues and compensation expense of the investment gains and losses (as well as the dividends and interest) associated with employee long-term incentive compensation-related investments, (3) our senior management's EQH award compensation, as discussed below, (4) the write-down of an investment, (5) acquisition-related expenses and (6) the impact of consolidated company-sponsored investment funds.
Real estate charges (credits) incurred have been excluded because they are not considered part of our core operating results when comparing financial results from period to period and to industry peers. However, beginning in the fourth quarter of 2019, real estate charges (credits), while excluded in the period in which the charges (credits) are recorded, are included ratably over the remaining applicable lease term.
Prior to 2009, a significant portion of employee compensation was in the form of long-term incentive compensation awards that were notionally invested in AB investment services and generally vested over a period of four years. AB economically hedged the exposure to market movements by purchasing and holding these investments on its balance sheet. All such investments had vested as of year-end 2012 and the investments have been delivered to the participants, except for those investments with respect to which the participant elected a long-term deferral. Fluctuation in the value of these investments is recorded within investment gains and losses on the income statement. Management believes it is useful to reflect the offset achieved from economically hedging the market exposure of these investments in the calculation of adjusted operating income and adjusted operating margin. The non-GAAP measures exclude gains and losses and dividends and interest on employee long-term incentive compensation-related investments included in revenues and compensation expense.
The board of directors of EQH granted to Seth Bernstein, our CEO, equity awards in connection with EQH's IPO. Additionally, equity awards were granted to Mr. Bernstein and other members of AB's senior management for their membership on the EQH Management Committee. These individuals may receive additional equity or cash compensation from EQH in the future related to their service on the Management Committee. Any awards granted to these individuals by EQH are recorded as compensation expense in AB's consolidated statement of income. The compensation expense associated with these awards has been excluded from our non-GAAP measures because they are non-cash and are based upon EQH's, and not AB's, financial performance.
The write-down of the investment during the fourth quarter of 2021 has been excluded due to its non-recurring nature and because it is not part of our core operating results.
Acquisition-related expenses have been excluded because they are not considered part of our core operating results when comparing financial results from period to period and to industry peers. Acquisition-related expenses include professional fees and the recording of changes in estimates to contingent payment arrangements associated with our acquisitions. Beginning in the first quarter of 2022, acquisition-related expenses also include certain compensation-related expenses, amortization of intangible assets for contracts acquired and accretion expense with respect to contingent payment arrangements.
We adjusted for the operating income impact of consolidating certain company-sponsored investment funds by eliminating the consolidated company-sponsored funds' revenues and expenses and including AB's revenues and expenses that were eliminated in consolidation. We also excluded the limited partner interests we do not own.
Adjusted operating margin allows us to monitor our financial performance and efficiency from period to period without the volatility noted above in our discussion of adjusted operating income and to compare our performance to industry peers on a basis that better reflects our performance in our core business. Adjusted operating margin is derived by dividing adjusted operating income by adjusted net revenues.
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SOURCE AllianceBernstein | https://www.kxii.com/prnewswire/2022/07/29/alliancebernstein-holding-lp-announces-second-quarter-results/ | 2022-07-29T11:48:49Z |
The Ocoee Whitewater Center in Polk County, Tennessee, which hosted the 1996 Atlanta Olympics whitewater events, is "a complete loss" after a fire early Tuesday morning, officials said.
A passerby reported the fire just after midnight Tuesday, Polk County Sheriff Steve Ross told CNN. Several fire agencies responded and were able to put the fire out, he said.
"The Tennessee Bureau of Investigation is currently investigating the cause of the fire," according to a news release from the US Forest Service, which now operates the center.
No one was injured in the blaze, according to the Forest Service.
The Ocoee Whitewater Center, located about 115 miles north of Atlanta, claims to be the site of the "world's first Olympic whitewater event on a natural river." The river's flow was modified to "enhance its rapids" for the Olympic Games, according to the center's website.
It is now a popular recreational area where visitors can raft down the Ocoee River with local outfitters, bike or hike its trails, or just enjoy a picnic. About 300,000 people visit the center each year, according to the Forest Service.
"First, we are just so grateful that no one was injured during the fire and thankful to our partners for their assistance in getting the fire under control and investigating the cause," Mike Wright, acting forest supervisor for the Cherokee National Forest, said in a statement Tuesday.
"The Ocoee Whitewater Center was a unique site not just here on the Cherokee National Forest, but across the Forest Service. It is a difficult loss for us," Wright said.
The center will need to be "completely rebuilt," Ross said.
The center's building had been closed because of the Covid-19 pandemic, but the day-use area was scheduled to open next month, according to its website.
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accounts, the history behind an article. | https://www.albanyherald.com/news/a-complete-loss-fire-destroys-1996-olympics-whitewater-venue/article_a2129174-9de5-5d7e-928d-ef95685fc832.html | 2022-04-26T22:37:54Z |
REDMOND, WASHINGTON and BRUCHSAL, Germany, May 17, 2022 /PRNewswire/ -- Today, Volocopter, the pioneer of urban air mobility (UAM), announced a strategic collaboration with Microsoft to develop an aerospace cloud system in Microsoft Azure that will address the nascent cloud computing requirements for eVTOLs, UAM, and autonomous aviation. Once primed for commercial use, Azure will support the digital platform VoloIQ, the operating system for Volocopter's UAM services, and its subsequent transition to autonomous operations.
Volocopter plans to make the VoloIQ its standard UAM operating system for all electric passenger and drone flight operations. Its modular structure will be vast, covering aspects like booking and e-commerce, commercial scheduling, operational network planning, flight planning, flight monitoring, supplying airspace digital twins, and vehicle data logging and analysis. Volocopter has chosen Microsoft Cloud / Azure to securely interconnect all these UAM ecosystem elements into one integrated set of services.
"Having Microsoft on board as a project partner and investor is proof that the solutions Volocopter creates – like the VoloIQ – are pioneering and hold remarkable market potential," said Alexander Oelling, Volocopter's Chief Digital Officer. "We're proud that Microsoft Azure is the one to provide a secure cloud and thus to ensure safety remains at the forefront of our operations."
Volocopter and Microsoft will begin collaborating by ensuring Microsoft Azure meets the VoloIQ's needs for commercial operations. Azure will then enable the VoloIQ's flight and service support for Volocopter's electric vertical takeoff and landing (eVTOL) aircraft (VoloCity, VoloDrone, and VoloConnect), alongside ground infrastructure (VoloPort) support in real time.
"From the newest technologies to regulation, creating solutions to seamlessly address the cloud computing requirements for supporting continued advancements in aviation is a complex endeavor. We certainly see the potential a secure, robust, and efficient cloud platform could offer aerospace and urban air mobility operators," said Uli Homann, CVP of Cloud and AI at Microsoft. "Working in collaboration with Volocopter, we will start to build the foundation for a commercial model for aerospace cloud."
The collaboration between Volocopter and Microsoft was first publicized in 2020, when Volocopter and Lufthansa Industry Solutions announced plans to develop the VoloIQ for autonomous aircraft operations using Microsoft Azure.
The VoloIQ's aim is a straightforward one: to provide complete digital transparency and greater ecosystem efficiency in real time. By utilizing this digital resource, Volocopter's services – and all the relevant process elements needed to realize this service – will be user-friendly and digitally accessible for customers, pilots, operators, and stakeholders alike. Furthermore, the VoloIQ's solid scope will streamline Volocopter's transition into an autonomous air taxi services provider when the time comes and bolster its efficient maintenance and infrastructure as soon as it becomes operational.
About Volocopter
Volocopter is building the world's first sustainable and scalable urban air mobility business to bring affordable air taxi services for goods and people to megacities worldwide. Volocopter leads and cooperates with partners in infrastructure, operations, and air traffic management to build the ecosystem necessary to 'Bring Urban Air Mobility to Life'. Volocopter has over 500 employees in offices in Bruchsal, Munich, and Singapore. The company has raised $579 million in equity from investors including Geely, WP Investment, Mercedes-Benz Group, Intel Capital, and BlackRock.. www.volocopter.com
Logo: https://mma.prnewswire.com/media/1626551/Volocopter_Logo.jpg
Photo: https://mma.prnewswire.com/media/1818599/MsAzure_Volocopter.jpg
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SOURCE Volocopter GmbH | https://www.wibw.com/prnewswire/2022/05/17/volocopter-collaborates-with-microsoft-voloiq-aerospace-cloud-project/ | 2022-05-17T07:32:19Z |
HANGZHOU, China, June 30, 2022 /PRNewswire/ -- A treasure trove at the high-profile Sanxingdui archaeological site in Sichuan Province, China, has been unveiled to the public with a total of nearly 13,000 numbered relics unearthed, including 3,155 relatively intact relics in the newly discovered six sacrificial pits. Scantech's high-precision 3D laser scanners has been used for recording and restoring ancient artifacts unearthed.
Sanxingdui, an ancient site located in Guanghan in Sichuan Province, has been recognized as one of the most important ancient sites in the world for its vast size and long period, and enriched cultural contents.
From the end of 2020 until now, archaeologists have been seeking to uncover the mystery of this ancient civilization by adopting a brand-new archaeological research mode. By leveraging expertise across different disciplines and fields, they have confirmed that the site is dated to 3000 years ago, showing that the ancient Shu civilization is an integral part of Chinese civilization.
On-site 3D Scanning for Relics Excavated
High-tech methods for archaeology has been adopted to bring the charm of these treasure back to the public, among which 3D scanning plays an important role. Scantech is glad to be a joint force representing the world's fine craftsmanship and ingenious design.
Repair of an Bronze Sacred Tree
The object to be repaired is the bronze sacred tree No.3, one of eight magnificent trees unearthed from sacrificial pit No.2 of Sanxingdui in 1986.
There is no definite conclusion about the function of the tree. Some think it is related to a kind of tree described in Classic of Mountains and Seas, a Chinese classic text, and a compilation of mythic geography and beasts. Ancestors of the ancient kingdom of Shu used these sacred trees to communicate with heaven and earth and show their reverence and awe for their ancestors and gods.
Challenge of Replicating Artifacts in Broken State
Unlike the relatively intact and delicate artifacts displayed in a museum, relics excavated in these sacrificial pits were broken and crushed. Evidence suggests that the objects were shattered and thrown into pits after being used for ceremonial rites.
Being severely crushed, most of the relics excavated from the sacrificial pit of Sanxingdui were broken into hundreds of pieces, making them challenging to restore. In addition, thousands of years of oxidation and decay make the repair even harder. Undoubtedly, the conditions of these artifacts posed great challenges for excavation and restoration.
Given the enormous amount of bronze pieces, it was difficult and time-consuming for researchers to replicate all these broken artifacts with their bare hands, which is a long-standing problem for archaeology. It took more than ten years for archaeologists to repair sacred trees No.1 and No.2. Recently, the repair of sacred tree No.3 has ended.
Workflow of Reconstruction
Before conducting any restoration for the scared tree No.3, the archaeological researchers decided to assemble these pieces to see what it looked like virtually. The decision was to to ensure that there is no damage caused to the object before actual restoration and to accelerate the repair process.
The first step was to collect data. Traditionally, experts use conventional measurement methods and photography to record data, which takes a long time. The data captured are usually not complete and limited for use.
This time, for the Sacred Tree No.3, archaeologists used 3D scanning to capture the tree's data. They used our handheld laser 3D scanner to capture the data of 69 branches of the tree one by one. Thanks to its ultra-high scanning rate, Scantech's metrology 3D laser scanner assisted researchers in accurately obtaining complete 3D data of relic fragments in a short amount of time.
A model is then generated in 3D software to reconstruct 1:1-sized branches. The 3D model was virtually assembled by referring to similar relics of Sanxingdui from the same period.
Virtual assembly can help to replicate the divine tree No.3 to its original form digitally without damaging it before the actual repair. It simulates the repair process by virtually assembling these pieces, providing accurate data for shedding insights on subsequent reconstruction. The data captured were also stored and can be archived for further use.
After assembling all the broken pieces of the tree No. 3, archaeologists brought this delicate bronze tree back to life. The archaeology and restoration of cultural relics at the Sanxingdui Site are still in full swing. We believe new technologies will play a vital role in reviving more cultural treasures.
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SOURCE SCANTECH | https://www.wibw.com/prnewswire/2022/06/30/high-tech-3d-scanning-helps-restore-3000-year-old-crushed-cultural-relics/ | 2022-06-30T06:23:50Z |
US sends canine body armor to Ukrainian service dogs
Published: May. 3, 2022 at 3:31 PM CDT|Updated: 8 hours ago
(CNN) - Service dogs in Ukraine are getting some much-needed protection from the United States.
In a statement Tuesday, the Ukrainian Ministry of Interior said that U.S. police dog trainers are providing canine body armor for some of the Ukrainian dogs who work with police officers, combat engineers and border guards.
The ministry said now the four-legged assistants will be more protected in dangerous areas.
The vests do not interfere with movement, and protect dogs from debris, weapons and bullets.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/05/03/us-sends-canine-body-armor-ukrainian-service-dogs/ | 2022-05-04T05:29:34Z |
BEIJING and SHANGHAI and BOSTON, June 5, 2022 /PRNewswire/ -- Jacobio Pharma (1167.HK) announced the phase I clinical data of KRAS G12C inhibitor JAB-21822 at the 2022 annual meeting of American Society of Clinical Oncology (ASCO).
As of April 1, 2022, the Phase I clinical data of non-small cell lung cancer patients with KRAS G12C mutation shows that the overall response rate (ORR) is 56.3% (18/32) and the disease control rate (DCR) is 90.6% (29/32). In 400mg QD and 800mg QD cohorts, the ORR is 66.7% (8/12) and the DCR is 100% (12/12).
JAB-21822 was well tolerated with no dose limited toxicity (DLTs) in the dose escalation phase. The study of the clinical trial is still ongoing and remains open to enrollment.
The e-poster presentation materials has been available at 8:00 a.m. (Central Time) on June 5, 2022 at www.asco.org.
Conference Call Information
Jacobio will host JAB-21822 data discussion and business update call on June 6 9:00am-10:00am (HKT).
Registration link: https://goldmansachs.zoom.us/webinar/register/WN_YIbtwhuHTRKFA6isqJ-asA
About JAB-21822
JAB-21822 is a KRAS G12C inhibitor independently developed by Jacobio. Jacobio has initiated a number of Phase I/II clinical trials in China, the United States and Europe for patients with advanced solid tumors, including monotherapy for STK11 co-mutated non-small cell lung cancer in a front-line setting; combination therapy with SHP2 inhibitor, PD-1 monoclonal antibody and Cetuximab.
About Jacobio
Jacobio is committed to providing more products and solutions to people's health. Our mission is to provide compelling innovations for creating a pipeline of life-changing medicines. Our vision is to become a global leader recognized for our impact in drug R&D together with our partners. The company's R&D centers are located in Beijing, Shanghai and Boston, with a platform and expertise in developing allosteric inhibitors against protein tyrosine phosphatase, KRAS and transcriptional factors. Please visit www.jacobiopharma.com for more information.
Forward-Looking Statements
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to the Company, are intended to identify certain of such forward-looking statements. The Company does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of the Company with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond the Company's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, the Company's competitive environment, and political, economic, legal and social conditions in China.
The Company, the Directors and the employees of the Company assume (a) no obligation to correct or update the forward-looking statements contained in this site; and (b) no liability in the event that any of the forward-looking statements does not materialize or turn out to be incorrect.
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SOURCE Jacobio Pharma | https://www.kxii.com/prnewswire/2022/06/06/jacobio-announces-phase-i-clinical-data-kras-g12c-inhibitor-jab-21822-2022-asco-annual-meeting/ | 2022-06-06T02:11:23Z |
Now that most US cities and states have dropped masking requirements and other precautions against Covid-19, you may be wondering about your chances of getting infected or, worse, being hospitalized or dying if you happen to get sick.
Researchers have been digging into that question, and in general, what they've found is that for people who are considered up to date on their Covid-19 vaccines -- that means getting a booster when it's recommended -- protection against illness drops off over three or four months after your last dose, but protection against hospitalization and death remains high.
Here's why: Antibodies -- the front-line defenders of the immune system -- gradually drop off after an infection or vaccination. Over a few months, they fade away, and that's normal. But it leaves your body open to another viral invasion.
The good news is that although immune defense begins with antibodies, it doesn't end there. Other cells like B cells and T cells remain imprinted with the memory of the virus or vaccine, so they can make another antibody army if they encounter that pathogen again.
It takes some time to build that army, so while your body is gearing up to fight, you might get a few symptoms. In the end, though, your immune system should ride to the rescue and help you recover without too much fuss.
In general, this is how it's supposed to work. But sometimes, this process doesn't go as planned for everyone. Older adults and those with lower immune function may need extra help to prevent the worst outcomes from a Covid-19 infection.
Protection after infection
Data presented this week to the US Centers for Disease Control and Prevention's Advisory Committee on Immunization Practices breaks this down.
Here's how protection is holding up in real life against an infection by the Omicron coronavirus variant that causes symptoms. If you got:
- Two doses of the Johnson & Johnson vaccine, they're are 30% effective between two and four months after your shots.
- One dose of Johnson & Johnson and one dose of an mRNA shot from Pfizer/BioNTech or Moderna, your vaccines are 55% effective between months 2 and 4.
- Three doses of an mRNA shot, your vaccines are 63% effective between months 2 and 4.
After five months, boosters offer almost no protection against Omicron infection, according to data from the UK's Health Security Agency.
Protection against hospitalization with low immune function
When it comes to emergency care or hospitalization, the protection you get from vaccines really depends on your immune function.
Sara Tartof, an epidemiologist for Kaiser Permanente in Southern California, has been studying how well a third dose of the Pfizer mRNA vaccine is doing at keeping adults in her health system out of the hospital.
Up to three months after a third dose, the vaccine's effectiveness against hospitalization was 85%, but it fell to 55% after three months. After a closer look, though, she found that these results were largely driven by immune status.
"We saw no evidence of waning but in the immunocompromised," Tartof said. "In the immunocompromised, vaccine effectiveness basically starts low and gets lower."
But for people with regular immune function, vaccine effectiveness against hospitalization stayed high -- about 86% -- after three months.
Her initial study results are published in The Lancet Repiratory Medicine. Tartof says she plans to update them soon with results by immune status.
In general, researchers are finding that for adults 50 and older whose immune systems are working normally, protection starts high and remains high -- about 84% -- for up to six months after a booster dose, when it comes to the risk of being hospitalized with an infection caused by the Omicron variant.
For adults 50 and older who have reduced immune function, such as those who've had solid organ transplants or who are getting cancer treatment, protection from a booster is initially good but falls faster.
For example, up to two months after a booster dose of an mRNA vaccine, an immunocompromised adult can expect 81% protection from hospitalization if they get an infection caused by the Omicron variant, but that drops to about 49% after four months, according to new CDC data. This is one of the reasons this group has been prioritized for additional boosters.
Immune protection after infection
A study published this week in the journal JAMA Network Open found that unvaccinated people who had recovered from Covid-19 were about 85% less likely to get it again, compared with people who were unvaccinated and uninfected. People who had recovered from infection were about 88% less likely to be hospitalized than those were unvaccinated.
The researchers said this protection was on par with that conferred by mRNA vaccines and remained stable up to nine months after the infection.
The CDC says that about 90% of people who get Covid-19 will generate antibodies after their infections. But how much protection you get from an infection depends on your symptoms. People with symptoms will make more antibodies than those without, and people who were hospitalized make more antibodies than those who were not.
However, all bets are off when it comes to Omicron. A recent study from Qatar found that while a prior infection was highly protective -- about 90% -- against reinfection by the Alpha, Beta and Delta variants, it fell to just 56% against Omicron. Serious outcomes after infection were rare.
Experts agree that getting a Covid-19 infection isn't a great way to build immunity because it can be so unpredictable, even deadly. But if you've had one, you are likely have some protection from it, and people should be able to count on that when thinking about risk, Dr. Dorry Segev, a transplant surgeon at NYU's Grossman School of Medicine, told CNN Chief Medical Correspondent Dr. Sanjay Gupta.
"Covid is a high-risk, high-consequence way of getting immunity. But if you had Covid and you went through that and you have immunity, that is something we need to respect, and we need to incorporate in the ways we draw the new social contract of Covid," Segev said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/features/health/how-well-is-our-immunity-holding-up-against-covid-19/article_390011f5-c508-5e8a-ae27-5faa0dad7e54.html | 2022-04-23T03:13:51Z |
16% of Americans have responded by starting a second job or taking on gig work to keep up with the rising prices
NEW YORK , July 19, 2022 /PRNewswire/ -- Inflation has become the dominant economic trend of 2022, rising prices have had a significant impact on American consumers. Many Americans have never experienced severe inflation before. This price surge follows almost 30 years of relatively low inflation, with the last serious spike coming in 1980. That has left many consumers struggling to cope with a new and unfamiliar reality.
FinMasters surveyed more than 500 American consumers to see how they're feeling and what they are doing to keep up with the rising prices.
Full report: What Are Americans Doing to Cope With Inflation?
Key Findings
- 95.7% of Americans, regardless of their income level, say they are worried about rising prices and are doing something in response.
- The rising prices of gas, food, utilities, and housing have had the most significant impact on people's finances.
- The most widespread financial choices made as the result of rising prices are delaying buying a car, canceling vacations, and postponing paying down debt.
- Over 15% of Americans already had to borrow or take on credit to cover expenses.
- 50% of people of all genders, ages, and income groups are cutting back on dining out and driving less than usual.
- 16% of people say that they had to get a second job or take on a gig in order to keep up with the prices.
About the survey
The survey responses were collected from May 19 to May 20, 2022, via SurveyMonkey, with a total of 578 participants from across the USA. Respondents represent a national sample balanced by census data of age, gender, income level, and region. The survey had a margin of error +/- 4.159% with a 95% confidence level.
About FinMasters.com
FinMasters, a Vertigo Studio brand, is a personal finance website dedicated to financial education and in-depth research of financial products and services. For more information please visit www.finmasters.com.
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SOURCE FinMasters | https://www.wibw.com/prnewswire/2022/07/19/finmasters-95-americans-say-they-are-worried-about-inflation/ | 2022-07-19T15:13:42Z |
DALLAS (KDAF) — Can you smell what Arlington is cooking? WrestleMania 38 has arrived and all the action is taking place in North Texas.
AT&T Stadium will host the festivities over the first weekend of April. Matches will begin each night at 6:30 April 2-3 which is expected to bring in fans from 47 countries and all of the U.S. The last time WrestleMania was in town, (WM 32 2016) an attendance record of 101,763 fans was set and was also the highest-grossing live event in WWE history at over $17 million.
The City of Arlington has shared an entire guide of what fans need to know before attending one of the biggest nights in sports entertainment.
Here’s what you need to know:
Opening Times:
AT&T East Plaza & Miller LiteHouse Open at 3:30 p.m. CT
AT&T Stadium Doors Open at 4:30 p.m. CT
Please arrive early
Health and Safety Compliance:
An inherent risk of exposure to COVID-19 exists in any public place where people are present. COVID-19 is an extremely contagious disease that can lead to severe illness and death. According to the centers for disease control and prevention, senior citizens and those with underlying medical conditions are especially vulnerable.
By entering the stadium and stadium grounds, you voluntarily assume all risks related to exposure to COVID-19. Please review AT&T Stadium Guidelines Here https://attstadium.com/safestadium/
Download the WrestleMania App:
The WrestleMania 38 App is your official resource for attending the event at AT&T Stadium. Manage event tickets, pre-order merchandise, find your way around with the venue map, get directions, and more. Download the app today and make the most out of your WrestleMania experience!
Cashless Facility:
To limit the number of touchpoints between staff and fans, all food, beverage, parking and retail transactions will be cashless. Major credit and debit cards, as well as mobile pay will be accepted throughout AT&T Stadium.
Parking:
Please visit https://attstadium.com/stadium-info/parking for parking options. Lots will open at 1:30 p.m.
Pre-paid parking options: https://seatgeek.com/wrestlemania-tickets/parking
Ride Share Drop Off
There are two passenger drop-off zones at the stadium. One is located on the north side of Randol Mill Road in Lot 1 and the other is located on the south side off of Cowboys Way in Lot 6. Due to post-event traffic, these areas may not be accessible for pick up. Guests may use the Accessibility Shuttle serving all AT&T Stadium parking lots.
Ride Share Pick Up
Taxicabs are available at the far west end of Miller LiteHouse off of North Collins Street and Cowboys Way. Taxis are staged at this location for drop off pre-event and pick-up post event. Rideshare pick up and drop off is located in Lot 15 off of Slaughter St and Webb St
Special Transit Service Available
Fans can use TRE and shuttle buses on April 2 and 3 to get to AT&T Stadium for WrestleMania. The special shuttle buses will be available to take fans from the CentrePort/DFW Airport Station to the event. Service begins at approximately 2PM Saturday and Sunday to help fans get to the stadium. They will run until approximately one hour after the event.
Mobile Tickets:
All WrestleMania tickets will be digital and available through fan’s mobile devices. For information on mobile tickets please visit the SeatGeek website: https://support.seatgeek.com/hc/en-us
Ticket Information:
The AT&T Stadium Ticket Office, located at Entry A on the northeast side of the stadium, will be opening at 1:30 p.m. on event days for ticket resolution.
Suite Will Call is available at the North and South Ticket Office locations.
All guests 2 years old and older are required to have a ticket.
Entrance:
Please check the designated location listed on your ticket for your best point of entry.
FLOOR ENTRY: Guests with floor tickets and riser tickets MUST receive a wristband BEFORE accessing the floor. Please use the entry designated on your ticket and then follow signage and staff directions for the nearest wristband station.
ADA Entrances:
AT&T Stadium is committed to serving guests with disabilities. The facilities are fully accessible, and they provide a wide range of services and amenities for guests with special needs. Guests can receive more information by visiting one of the Guest Services Centers located on the concourse behind Sections 219, 244, 420 and 451. Animals are not permitted in AT&T Stadium with the exception of service animals and service animals in training. For more information, please contact Guest Services at (817) 892-4161.
Searches:
All guests entering AT&T Stadium are subject to a physical security screening of their person and accompanying items. The physical screening consists of a walkthrough metal detector sweep. Please remove cell phones or larger metal objects prior to screening. Guests who wish not to be screened by metal detector may elect a physical pat-down screening as an alternative. All other articles will be visually inspected. Items in sealed/wrapped boxes must be opened for inspection.
Bag Policy:
The AT&T Stadium Bag Policy is in effect for WrestleMania. AT&T Stadium instituted the National Football League’s policy that limits the size and types of bags entering AT&T Stadium on event days. We strongly encourage fans to not bring any type of bags to the venue. However, should bags be needed, approved items include:
- Clear plastic, vinyl or PVC totes that do not exceed 12” x 6” x 12”
- Clear one-gallon re-sealable storage bags
- Small clutch purses/bags approximately the size of a hand – not to exceed 4.5” x 6.5” in size – with or without a handle or strap
Prohibited bags include but are not limited to: purses larger than a clutch bag, coolers, briefcases, backpacks, fanny packs, cinch bags, seat cushions, luggage of any kind, computer bags and camera bags or any bag larger than the permissible size. For a detailed list of all prohibited and allowed items, visit www.attstadium.com. Due to security reasons, bags that are abandoned will be discarded of immediately.
Prohibited items include, but are not limited to:
- Purses larger than a clutch bag
- Luggage of any kind
- Masks (Only WWE brand masks will be permitted)
- Fanny packs
- Cameras with a lens longer than 3
- WWE branded briefcases that were not purchased on location
- Cinch bags
- Laser pointers or noise makers
- Beach Ball (any recreational balls)
- Computer bags and camera bags or any bag larger than the permissible size
- Weapons of any kind
- Drones
- Laptop computers or tablets
- Alcoholic beverages, Illegal drugs or paraphernalia
- Backpacks and briefcases
- Selfie sticks
- Camera Bags
- Coolers
Signs:
Fan are allowed to bring signs into the building. Signs can only be made from paper material. No wood or metal. No signs on sticks. No lights, batteries, or electronics on the signs. Signs cannot be commercial, political, or obscene in nature. Signs cannot obstruct another guest’s view or stadium signage. WWE and AT&T Stadium management reserve the right to confiscate signs that are in violation of this policy.
Camera policy:
Compact Cameras (still only) are permitted inside AT&T Stadium as long as they use does not interfere with the event or other guests’ enjoyment of the event. Video Cameras, tripods, monopods, selfie-sticks and cameras with a lens longer than 3″ (detachable or non-detachable) are prohibited inside AT&T Stadium.
Event Re-Entry:
To provide the safest environment for all, guests will not be permitted to exit and re-enter the AT&T Stadium during the event. Guests wishing to exit AT&T Stadium for any reason will not be allowed back into the facility.
Smoking Policy:
Smoking is PROHIBITED IN ALL AREAS OF THE STADIUM (this includes all smoking tobacco, e-cigarettes, and vaporizers). Guests wishing to smoke may do so only in designated smoking areas outside the stadium. Designated smoking areas are available in the following locations:
- Miller LiteHouse and AT&T Plaza (at least 50 feet from the stadium entrance)
- Outside Entries A, E, F and K (at least 50 feet from the doorways)
Violators of this policy may be ejected from the stadium.
Code of Conduct:
AT&T Stadium Management is committed to creating a safe, comfortable and enjoyable experience for our guests. Our staff will proactively support an environment free from the following behaviors: Abusive, foul or disruptive language and obscene gestures, intoxication or other signs of impairment related to alcohol consumption, fighting, taunting or threatening remarks or gestures, sitting in a location other than the guest’s ticketed seat, displays of affection not appropriate in a public setting, obscene or indecent clothing, any disruption to the progress of the event by the guest’s actions. | https://cw33.com/news/local/full-guide-to-wrestlemania-38-at-att-stadium-in-arlington/ | 2022-04-01T19:18:52Z |
The leading provider of preventive veterinary care enters national partnership with Boys & Girls Clubs of America for second year; continues initiatives to cultivate next generation of veterinary professionals
VANCOUVER, Wash., May 5, 2022 /PRNewswire/ -- Banfield Pet Hospital® – the leading provider of preventive veterinary care in the U.S. – has announced the inaugural class of its NextVet internship program as part of the practice's recent commitment towards expanding its Educational Pathways program for future and current veterinary professionals. Beginning this summer, 15 high school students – each with an extraordinary drive and passion for pets – will take part in a paid opp-purr-tunity of a lifetime in Banfield hospital locations across eight cities: Atlanta, Dallas, Los Angeles, New York, Phoenix, Pittsburgh, Portland-Vancouver, and Washington D.C.
The NextVet internship program offers a valuable immersive experience, with students learning first-hand about careers in companion animal medicine from practice leaders, industry experts, and Banfield's passionate and caring hospital teams. To extend opportunities beyond the 2022 class of interns, Banfield also offered pet care assistant roles to 10 highly qualified internship applicants.
To continue to create opportunities and inspire future veterinary professionals at every step of their academic journey, the practice is announcing for the second year in a row a national, year-long partnership with Boys & Girls Clubs of America focused on reaching K-12 students from underrepresented backgrounds through a series of career outreach events.
These initiatives were recently recognized by Fast Company as a World Changing Idea, with Banfield's Educational Pathways program honored in both the Corporate Social Responsibility and Education categories for the practice's efforts to address the veterinary workforce and diversity crisis.
New research commissioned by Mars Veterinary Health underscores this need, finding that the profession is facing a chronic shortage of veterinary professionals, with a longstanding lack of diversity in the industry playing a critical role.
"Banfield believes firmly that there's an intersection between strengthening the veterinary talent pipeline and diversifying the profession," said Melissa Marshall, Banfield's vice president of people and organization. "By continuing to remove barriers to equitable education through the expansion of Banfield's Educational Pathways program, we're creating more accessible pathways for current and aspiring veterinary professionals. Our goal is to help create a more sustainable industry so we can best serve people, pets, and communities."
Banfield is devoting significant resources toward Educational Pathways to make an impact on Associates. This includes the recent expansion of the practice's partnership with InStride, which now provides paraprofessionals Banfield-paid tuition to complete an online undergraduate degree in marketing, IT, and general business – in addition to STEM and pre-veterinary medicine. Associates now also have more flexibility on start dates and the option to earn their high school diploma at no cost.
Other important Educational Pathways efforts include Banfield's Veterinary Student Debt Relief Program. Since the program launched, the practice has contributed more than $20 million toward helping veterinarians pay off student loans and enabled more than $17 million in educational debt refinancing for Associates.
To help address the market demand for skilled veterinary professionals – particularly in rural communities – Banfield also continues to invest in the development of a new online Bachelor of Science in veterinary technology program at Appalachian State University. App State is accepting applications through July 1, 2022 for the first class which begins this fall. For more information on the program or to apply, visit the App State Online vet tech program page.
Follow the journey of the NextVet interns @BanfieldLife and #NextVet and stay up to date on the 2023 NextVet application process at: jobs.banfield.com/NextVet.
About Banfield Pet Hospital®
Banfield Pet Hospital was founded in Portland, Ore. in 1955 and today is a pioneer in preventive veterinary care with more than 1,000 general veterinary hospitals in 42 states, Washington D.C., Puerto Rico, and Mexico. More than 3,600 Banfield veterinarians are committed to providing high-quality veterinary care to over three million pets annually. Banfield collects data from each of these visits in the U.S.'s largest electronic veterinary health records system. Our goal is to be here for pets, people, and society. As part of the Mars Veterinary Health family of practices, Banfield is committed to its purpose—A BETTER WORLD FOR PETS®—because pets make a better world for us. Press seeking additional information are invited to call the Media Hotline: (888) 355-0595.
Media Contacts:
Liz Morales: Liz.Morales@banfield.com; (503) 720-5627
Banfield Pet Hospital Media Hotline: (888) 355-0595
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SOURCE Banfield Pet Hospital | https://www.wibw.com/prnewswire/2022/05/05/banfield-pet-hospital-welcomes-inaugural-class-its-2022-nextvet-internship-program-part-expanded-educational-pathways-offerings-initiatives/ | 2022-05-05T15:25:03Z |
WASHINGTON, July 28, 2022 /PRNewswire/ -- Paralyzed Veterans of America Executive Director Carl Blake issued a statement today in reaction to the Senate's failure to pass the PACT Act.
"We are extremely disappointed and dismayed that the Senate failed yesterday to allow the Sergeant First Class Heath Robinson Honoring Our Promise to Address Comprehensive Toxics Act of 2022 or PACT Act to move immediately to final passage. Veterans from all eras exposed to toxic substances can't wait any longer for health care and benefits. The time for delays is over. Veterans are dying today. We call on all Senators to ensure that the PACT Act is passed now."
Paralyzed Veterans of America is a 501(c)(3) non-profit. The organization ensures veterans receive the benefits earned through service to our nation; monitors their care in VA spinal cord injury and disorder units, and funds research and education in the search for a cure and improved care for individuals with paralysis.
As a life-long partner and advocate for veterans and all people with disabilities, PVA also provides training and career services, works to ensure accessibility in public buildings and other spaces, and provides health and rehabilitation opportunities through sports and recreation. With more than 70 offices and 33 chapters, Paralyzed Veterans of America serves veterans, their families, and their caregivers in all 50 states, the District of Columbia, and Puerto Rico. Learn more at PVA.org.
Contact:
Oname Thompson
OnameT@pva.org
Cell: (703) 864-5980
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SOURCE Paralyzed Veterans of America | https://www.wibw.com/prnewswire/2022/07/28/paralyzed-veterans-america-issues-statement-senates-failure-move-forward-passage-pact-act/ | 2022-07-28T19:08:10Z |
8-year-old killed in random shooting while on vacation, sheriff’s office says
FLORENCE COUNTY, S.C. (Dunham Family) - An 8-year-old boy was killed in South Carolina when a man randomly shot at passing vehicles.
The Florence County Sheriff’s Office said the incident occurred on May 28.
According to authorities, the boy’s father was driving when the shooting happened. He was shot in the leg and expected to survive, while the boy’s mother was also in the car and wasn’t injured.
Officials said the family was from New Hampshire and were on vacation in South Carolina.
The sheriff’s office said Charles Montgomery Allen was arrested in the shooting and facing several charges, including murder and discharging a firearm into an occupied vehicle.
Allen’s motive for the shooting remains unclear, according to investigators.
Copyright 2022 Dunham Family via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/06/04/8-year-old-killed-random-shooting-while-vacation-sheriffs-office-says/ | 2022-06-04T22:45:49Z |
CAMBRIDGE, England, Sept. 12, 2022 /PRNewswire/ -- Amphista Therapeutics, a leader in next generation targeted protein degradation (TPD) approaches, today announced that Fierce Biotech has named it as one of 2022's Fierce 15 biotechnology companies, designating it as one of the most promising early-stage biotechnology companies in the industry.
Amphista is a world leading next-generation Targeted Protein Degradation (TPD) company with the mission to unlock the full therapeutic potential of TPD by addressing the limitations of first-generation approaches. Amphista advantages include: targeting of a non-cereblon component with a more consistent expression profile that enables increased tissue reach, broader disease applicability and potentially greater clinical efficacy. This mechanistic approach, leveraging an essential protein, offers the potential for reduced clinical resistance. Amphista's TPD therapeutics are designed to be drug-like molecules with oral bioavailability and the potential for CNS penetration. Amphista has built a strong IP foundation for the platform including its proprietary warheads, forming the basis of a true platform approach to TPD.
Nicki Thompson, CEO of Amphista, said "We are delighted to be selected as a 'Fierce 15' company in a year where we have made outstanding progress in advancing our proprietary Eclipsys™ platform and therapeutic portfolio and in expansion of our world-leading team. This also comes in a year where our technology has been further recognized and validated by our strategic collaborations with global pharmaceutical companies Merck Healthcare, a division of Merck, and Bristol Myers Squibb worth more than $2 billion. We remain dedicated to advancing our ground-breaking science with the potential to open up this exciting modality by delivering medicines to patients across a wider range of diseases."
Every year Fierce Biotech evaluates hundreds of early-stage companies from around the world for its annual Fierce 15 list, which is based on a variety of factors such as the strength of its technology, partnerships, venture backers and a competitive market position. The Fierce 15 celebrates the spirit of being "fierce" – championing innovation and creativity, even in the face of intense competition.
About Fierce Biotech
Fierce Biotech is the biotech industry's daily monitor, an email newsletter and web resource providing the latest biotech news, articles, and resources related to clinical trials, drug discovery, FDA approval, FDA regulation, patent news, pharma news, biotech company news and more. More than 450,000 top biotech professionals rely on Fierce Biotech for an insider briefing on the day's top stories. Signup is free at www.fiercebiotech.com/signup.
About Amphista Therapeutics
Amphista Therapeutics is focused on transforming the lives of patients with severe diseases including cancer. The company is applying its proprietary Amphista degrader platform to advance new approaches in targeted protein degradation (TPD) that address the challenges faced by earlier stage TPD research and to realise the full therapeutic potential of this transformational approach. Founded by Advent Life Sciences, Amphista is a spin-out of TPD expert Professor Alessio Ciulli's labs at the University of Dundee. The company has raised over $60M to date and is funded by leading life science investors including Forbion, Gilde Healthcare, Novartis Venture Fund, Advent Life Sciences, BioMotiv and Eli Lilly & Company.
For more information, please visit: https://amphista.com/
CONTACTS:
Lynn Granito
Berry & Company Public Relations
lgranito@berrypr.com
212 253 8881
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SOURCE Amphista Therapeutics | https://www.wibw.com/prnewswire/2022/09/12/fierce-biotech-names-amphista-therapeutics-one-its-fierce-15-biotech-companies-2022/ | 2022-09-12T12:39:55Z |
NEW YORK, April 7, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Pure Gold Mining Inc. (OTC: LRTNF) resulting from allegations that PureGold may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased PureGold securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=5112 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
WHAT IS THIS ABOUT: On March 28, 2022, pre-market, the Company issued a press release announcing that its mining operations and production had been negatively impacted as a result of its inability to maintain access to high-confidence, high-grade slopes. Further, the press release provided updates on several of its operational initiatives purportedly aimed at improving mine operations and reducing costs, revealing that it had experienced severe mine planning and scheduling deficiencies that negatively impacted its operations in 2021. Finally, the press release revealed that to fund its operations and to service the interest on its debt, the Company needed to seek additional financing.
On this news, PureGold's stock price fell 41% on March 28, 2022.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2022/04/07/lrtnf-investor-notice-rosen-top-ranked-law-firm-encourages-pure-gold-mining-inc-investors-with-losses-inquire-about-securities-class-action-investigation-lrtnf/ | 2022-04-08T01:32:46Z |
BEIJING, Aug. 23, 2022 /PRNewswire/ -- WeTrade Group Inc. ("WeTrade" or the "Company") (NASDAQ: WETG), an emerging growth company engaged in the business of providing software-as-a-services (SAAS) and cloud intelligent systems for micro-businesses, today announced the Company has entered into strategic cooperation and partnership with Guyguide Limited, a leading travel agent in Hong Kong, to exclusively design and provide Monkeypox testing kits and insurance coverage products for traveling packages to US, Canada, Australia and European countries.
Guyguide Limited, through its partnerships with other Hong Kong well-known travel agents, including WWPKG Holdings Company Limited, engages in designing, developing, and selling package tours; air tickets and hotel accommodations, as well as ancillary travel related products and services.
Since early May 2022, cases of Monkeypox have been reported from countries where the disease is not endemic, and continue to be reported in several endemic countries, being the first time that monkeypox cases and clusters have been reported concurrently in non-endemic and endemic countries in widely disparate geographical areas. Given the 2022 Monkeypox outbreak primarily in the North America, Europe and even Australia, travelers are in desperately high need for Monkeypox testing kits and relevant insurance coverage products to get themselves well protected.
Mr. Pijun Liu, Chief Executive Officer of the Company, commented, "The concrete partnership between Wetrade and Guyguide Limited will bring the long-waiting travelers from Hong Kong and Macau a 360 degree protection for both testing and insurance coverage on Monkeypox when they are traveling to those Monkeypox outbreak areas. Hong Kong is expected to soon ease its COVID-19 measures and re-open to the world. The coming dramatic increase in outbound traveler numbers will definitely become a quite positive driver for travel agents' businesses, which further brings a rocketing need for our exclusive Monkeypox testing kits and insurance coverage products."
About WeTrade Group Inc.
WeTrade Group Inc. is a technical service provider of SAAS and Cloud Intelligent System for micro-businesses, and a pioneer in offering internationalized system in the global micro-business cloud intelligence field and a leader, innovator and promoter of the world's cloud intelligent system for micro-businesses. WeTrade Group independently developed the cloud intelligent system for micro-businesses (Abbreviation: YCloud). YCloud strengthens users' marketing relationship and CPS commission profit management through leading technology and big data analysis. It also helps improve the payment scenarios to increase customers' revenue by multi-channel data statistics, AI fission and management as well as improved supply chain system. As of today, YCloud's business has successfully landed in mainland China and Hong Kong, covering the micro business industry, tourism industry, hospitality industry, livestreaming and short video industry, aesthetic medical industry and traditional retail industry. For more information, please visit https://ir.wetg.group.
Forward-Looking Statements
This press release contains information about the Company's view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company's encourages you to review other factors that may affect its future results in the Company's annual reports and in its other filings with the Securities and Exchange Commission.
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SOURCE WeTrade Group INC | https://www.mysuncoast.com/prnewswire/2022/08/23/wetrade-entered-into-strategic-partnership-with-guyguide-limited-one-leading-travel-agents-hong-kong-exclusively-design-provide-monkeypox-testing-kits-insurance-coverage-products-traveling-packages-us-canada-australia-european-countries/ | 2022-08-23T13:18:29Z |
BANGKOK (AP) — Shares were mostly higher in Asia on Thursday after the Federal Reserve ratcheted up its campaign against surging inflation by raising its key interest rate three-quarters of a point.
Hong Kong’s benchmark Hang Seng index slipped 0.6% to 20,554.09 after the territory’s Monetary Authority matched the Fed’s 0.75 percentage point rate hike with one of its own. The HKMA aligns its policies with U.S. monetary moves to keep the Hong Kong dollar at a stable rate with the U.S. dollar.
Elsewhere in the region, shares advanced, tracking gains on Wall Street after the Fed did exactly as expected and its chair, Jerome Powell, suggested the Fed’s rate hikes have already had some success in slowing the economy and possibly easing inflationary pressures.
Investors are awaiting an update on U.S. economic growth and a call between U.S. President Joe Biden and Chinese leader Xi Jinping.
“While a concrete decision on tariff relief is not expected from the meeting, any indications of willingness in working toward that is an added positive for markets,” Jun Rong Yeap of IG said in a commentary.
Tokyo’s Nikkei 225 edged 0.2% higher to 27,761.53 while the Shanghai Composite index added 0.6% to 3,294.42. In Seoul, the Kospi advanced 0.7% to 2,432.91.
Australia’s S&P/ASX 200 jumped 0.9% to 6,881.80 after the government reported that retail sales rose in June for the sixth consecutive month. Markets in Thailand were closed for a holiday.
On Wall Street investors welcomed the Fed’s widely expected move — which took its key interest rate to its highest level since 2018 — with a broad rally on Wednesday.
Powell’s comments were taken by some as a signal the Fed may not have to raise rates so aggressively in coming months, triggering a rally in the final hour of regular trading.
The S&P 500 climbed 2.6% to 4,023.61 and the tech-heavy Nasdaq surged 4.1%, its biggest gain in over two years, to 12,032.42. The Dow Jones Industrial Average rose 1.4% to 32,197.59. Smaller company stocks also gained, lifting the Russell 2000 2.4% higher, to 1,848.34. The indexes are now all on pace for a weekly gain, extending Wall Street’s strong July rally. The S&P 500 is up 6.3% so far this month.
Bond yields turned broadly lower following the Fed’s announcement. The two-year Treasury yield, which tends to move with expectations for the Fed, fell to 2.98% from 3.06% late Tuesday. The 10-year yield, which influences mortgage rates, fell to 2.78% from 2.79%.
Rate increases like Wednesday’s, the fourth so far this year, make borrowing more expensive and slow the economy. The hope is that the Fed and other central banks can deftly find the middle ground where the economy slows enough to whip inflation but not enough to cause a recession.
In a note Wednesday, analysts at Citi said that while Powell mentioned that a slowdown in hikes would be appropriate at some point, exactly when that might be remains unclear, adding that they “would not view this as a particularly dovish comment.”
“We continue to expect core inflation to push the Fed to hike more aggressively than they or markets anticipate,” the analysts wrote, noting they expect the Fed will announce another three-quarter point increase at its September policy meeting, with further rate hikes continuing into early 2023.
Meanwhile, some parts of the economy are already slowing, particularly the housing industry. Sales of previously occupied U.S. homes slowed in June for the fifth month in a row as mortgage rates have climbed sharply this year.
An update on the economy will come later Thursday with second quarter U.S. GDP data.
Shares in Microsoft and Google parent Alphabet rose 6.7% and 7.7%, respectively, after their latest quarterly reports.
Spotify Technology vaulted 12.2% after the music streaming service reported monthly active user and premium subscriber numbers that exceeded the Street’s expectations.
In other trading Thursday, U.S. benchmark crude oil added $1.04 to $98.30 per barrel in electronic trading on the New York Mercantile Exchange. It gained $2.28 to $97.26 on Wednesday.
Brent crude, the international standard for pricing, gained 93 cents to $102.60 per barrel.
The U.S. dollar cost 135.44 Japanese yen, down from 136.55 yen. The euro rose to $1.0208 from $1.0197.
___
AP Business Writer Alex Veiga contributed. | https://cw33.com/business/ap-business/global-stocks-oil-prices-higher-before-likely-us-rate-hike/ | 2022-07-28T08:01:27Z |
Innovative Technology Integration Allows Renters to Seamlessly Self-Tour Properties
LOS ANGELES and CAMARILLO, Calif., June 22, 2022 /PRNewswire/ -- Rently, the leader in self touring and smart home technology, announces a platform integration partnership with Apartments.com. Renters can now schedule self-guided tours without leaving the Apartments.com website and instantly tour properties powered by Rently smart home technology solutions.
Apartments.com recently released data showing a 63% increase in renters who prefer self-guided touring options. Due to preferences for scheduling viewings during non-regular business hours and a desire for on-demand service, renters increasingly want to tour properties independently, without a manager or agent present.
By connecting renters' mobile devices with Rently's smart home technology, traditional property tours are easily transformed into secure self-guided tours.
"We believe the process of finding a new apartment should be made easy for renters and efficient for real estate operators," said Rently CEO Merrick Lackner. "With our patented self-guided touring technology, Rently streamlines rental property viewing, increases overall property touring traffic by 25%, and reduces time on market by 75%."
Lackner continued, "By integrating our self-touring platform with Apartments.com, a leader in rental property search, we are creating new property viewing options for renters and accelerating leasing cycles for managers. And, once renters move in, the same smart home technology they used for touring will be there for them to enjoy as residents."
Visit Rently at NAA's Apartmentalize 2022 (Booth 2905) and join our special events to speak to a company representative.
To learn more about how Rently's self touring and smart home solutions can benefit your leasing activities, read our blog: Smart Home Technology Optimizes the Entire Leasing Lifecycle.
Rently is the leader in self-touring and smart home technology. We offer best-in-class proptech solutions for the entire rental housing industry. We combine top-tier hardware with an innovative software platform that allows real estate operators to optimize their leasing efficiency and expand revenue opportunities. rently.com
Contact:
Becca Nevarrez
Director, Marketing
media@rently.com
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SOURCE Rently | https://www.mysuncoast.com/prnewswire/2022/06/22/rently-self-guided-tours-now-available-apartmentscom/ | 2022-06-22T10:48:45Z |
Shawnee Heights para reveals music career to students while receiving award
TOPEKA, Kan. (WIBW) - Shawnee Heights students got a musical treat Wednesday.
JQuory Guest, a para at Shawnee Heights Elementary, was selected for 785 Magazine’s Artist Spotlight.
Since the magazine can’t feature his music on their cover, the school held an assembly so Guest could celebrate the honor with his students. Except, the kids didn’t know Mr. Guest was a hip-hop star.
“It was a huge surprise, and they were so enthusiastic,” 785 Magazine Owner Kerrice Mapes said. “They didn’t know that this faculty member here for three years was also this amazing artist.”
“Just to be able to inspire them more than anything,” Guest said. “Yeah, we’re supposed to teach and educate and I love that. But just to make the kids smile and have fun with them and make their day. I try to be there.”
Born and raised in Topeka, “JQ” has spent the last few years doing inspirational shows for schools and churches across the Midwest.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/19/shawnee-heights-para-reveals-music-career-students-while-receiving-award/ | 2022-05-19T02:16:29Z |
Tapestri Center of Excellence program expands globally to offer Tapestri's single-cell multi-omics capabilities across Europe
SOUTH SAN FRANCISCO, Calif. and BARCELONA, Spain, June 14, 2022 /PRNewswire/ -- Mission Bio, Inc., the pioneer in high-throughput single-cell DNA and multi-omics analysis, today announced a new Center of Excellence, located at the Josep Carreras Leukaemia Research Institute and led by Manel Esteller, MD, PhD. As Mission Bio's second single-cell Tapestri Center of Excellence and the first in Europe, the Josep Carreras Institute will inform academic and industrial best practices using single-cell DNA and multi-omics sequencing in hematological malignancy research, as well as a new program in breast cancer.
As a leading leukemia research center in Europe, the Josep Carreras Institute has long been a champion of single-cell analysis and launched a specialized unit in 2021. Today's partnership will further the Josep Carreras Institute's application of single-cell DNA sequencing to investigate disease progression, therapeutic resistance, and measurable residual disease (MRD) in both blood cancers and its novel breast cancer research program.
The Josep Carreras Institute is the first European research center with expertise focused on leukemia and other blood cancers. The institution's main research focus is on identification of new therapeutic targets and development of more precise and less aggressive treatments by understanding the origin and development of leukemia and other blood cancers. Esteller, director of the Josep Carreras Institute, is the author of more than 600 original publications in peer-reviewed scientific journals. He is also the Editor-in-Chief of Epigenetics and an editorial board member of Genome Research. Last year, he co-authored an article in Experimental Hematology about the benefits of single-cell analytics to characterize the heterogeneity and clonal evolution of blood cell subpopulations in myeloid and lymphoid cancers, which can improve patient diagnosis, risk stratification and targeted therapy prescription.
"Single-cell DNA and multi-omics analysis will allow us to expand our research capabilities, and capabilities across Europe, to more deeply investigate how hematologic malignancies progress and resist treatments. This will be crucial to discovering new biomarkers and therapeutics," said Esteller. "Mission Bio's partnership will greatly accelerate the process of uncovering genetic mechanisms by applying its novel Tapestri workflows and panels across our 25 leukemia programs, and our growing breast cancer research."
The Josep Carreras Leukaemia Research Institute is Mission Bio's second Tapestri Center of Excellence, following an agreement with the lab of Jorge Reis-Filho, MD, PhD at the Memorial Sloan Kettering Cancer Center in March. Dr. Reis-Filho's team is working closely with Mission Bio's R&D teams to observe tumor heterogeneity and clonal architecture in solid cancers.
Through its centers of excellence, Mission Bio is partnering with leaders within the hematologic malignancy and solid tumor research communities as it continues to build and refine Tapestri's functionality to explore heterogeneity across tumor types. Tapestri is the only commercial product capable of simultaneously analyzing DNA and other analytes like cell surface proteins at the single-cell level, through its unique two-step droplet microfluidics technology. Recent high-profile research in breast cancer, non-small cell lung cancer, colorectal cancer, and melanoma has shown the importance of understanding cancer at a higher resolution. Tapestri can be used to interrogate clonal mosaicism and neoplastic transition, clonal evolution, and metastatic dissemination with its ability to co-detect SNVs and CNVs at the single-cell level in a scalable manner. As a tool for understanding disease resistance, users can detect rare emergent clones early with reliable and sensitive loss-of-heterozygosity measurements, helping them to understand how driver mutations are acquired over time that can allow tumor escape and metastasis. And single-cell multi-omics analysis has growing importance in precision cancer medicine, clarifying the clonal structure of tumors to guide combination therapeutic development and personalized treatment.
"We're pleased to expand our Centers of Excellence program to Europe, thanks to Dr. Esteller's leadership at the Josep Carreras Institute," said Yan Zhang, PhD, CEO of Mission Bio. "The partnership strengthens Mission Bio's position as a leader of single-cell sequencing in hematologic malignancies, and sets both us and the Josep Carreras Institute up for success to uncover new biologic insights in solid tumor profiling."
Mission Bio and the Josep Carreras Leukaemia Research Institute will be hosting a webinar on Thursday, June 16t at 2:00 PM CEST, where Esteller will be providing a talk titled "Single-Cell Genomics and Proteomics in Myelodysplastic Syndrome." Register for the webinar here.
For more on Mission Bio and the Tapestri platform, please visit missionbio.com.
About Mission Bio
Mission Bio is a life sciences company that accelerates discoveries and cures for a wide range of diseases by equipping researchers with the tools they need to better measure and predict our resistance and response to new therapies. Mission Bio's multi-omics approach improves time-to-market for new therapeutics, including innovative cell and gene therapies that provide new pathways to health. Founded in 2014, Mission Bio has secured investment from Novo Growth, Cota Capital, Agilent Technologies, Mayfield Fund, and others.
The company's Tapestri platform gives researchers around the globe the power to interrogate every molecule in a cell together, providing a comprehensive understanding of activity from a single sample. Tapestri is the only commercialized multi-omics platform capable of analyzing DNA and protein simultaneously from the same sample at single-cell resolution. The Tapestri Platform is being utilized by customers at leading research centers, as well as pharmaceutical and diagnostics companies worldwide to develop treatments and eventually cures for cancer.
About the Josep Carreras Leukaemia Research Institute
The Josep Carreras Leukaemia Research Institute is a public facility belonging to the Generalitat de Catalunya's CERCA network. It was born in 2010 and aimed at fostering biomedical research and personalized medicine in the field of leukemia and other malignant blood diseases. The Josep Carreras Institute is the first European center with focused expertise in leukemia and malignant hemopathies, and one of the few existing in the world.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including, without limitation, statements regarding our expectations regarding the transaction described above, including anticipated benefits, anticipated payments, future business and market opportunities, and anticipated growth resulting from the transaction; the potential, safety, efficacy, and regulatory and clinical progress of our product candidates; our position as a leader in the development of genetic medicines; and the sufficiency of our cash and cash equivalents to fund our operations; These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the following: we may not realize the anticipated benefits of the collaboration with Oxford Biomedica; the impact of the COVID-19 pandemic on our business and operations, including our preclinical studies and clinical trials, and on general economic conditions; we have and expect to continue to incur significant losses; our need for additional funding, which may not be available; failure to identify additional product candidates and develop or commercialize marketable products; the early stage of our development efforts; potential unforeseen events during clinical trials could cause delays or other adverse consequences; risks relating to the regulatory approval process; our product candidates may cause serious adverse side effects; inability to maintain our collaborations, or the failure of these collaborations; our reliance on third parties; failure to obtain U.S. or international marketing approval; ongoing regulatory obligations; effects of significant competition; unfavorable pricing regulations, third-party reimbursement practices or healthcare reform initiatives; product liability lawsuits; failure to attract, retain and motivate qualified personnel; the possibility of system failures or security breaches; risks relating to intellectual property and significant costs as a result of operating as a public company. These and other important factors discussed under the caption "Risk Factors" in our Quarterly Report on Form 10-Q for the quarter ended September 30, 2021, and our other filings with the Securities and Exchange Commission ("the SEC") could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change.
Media Contacts
Consort Partners for Mission Bio
missionbio@consortpartners.com
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SOURCE Mission Bio | https://www.mysuncoast.com/prnewswire/2022/06/14/mission-bio-names-josep-carreras-leukaemia-research-institute-first-center-excellence-tapestri-platform-europe/ | 2022-06-14T04:19:30Z |
Blackfoot Baseball replaces Skyline in 4A High Country Championship due to forfeit
IDAHO FALLS, Idaho (KIFI) - A pitch count violation during game three of the 4A High Country semifinal series between the Blackfoot Broncos and the Skyline Grizzlies has knocked Skyline out of this week's championship series.
A forfeit was issued following the 5-2 win by the Grizz because a Skyline pitcher went over his pitch count. That decision was appealed by Skyline, but the ruling was upheld on Monday.
The pitch count was first disputed by the Broncos after Blackfoot was retired in order in the bottom of the fifth inning down by three runs, and the board of control found that the pitcher in question did exceed his pitch limit.
As a result, Blackfoot replaces Skyline in this week's conference championship series against Bonneville, which begins Tuesday at 3:00 p.m. at Bonneville. However, Skyline's season is now over. | https://localnews8.com/sports/local-sports/2022/05/09/blackfoot-baseball-replaces-skyline-in-4a-high-country-championship-due-to-forfeit/ | 2022-05-10T02:14:03Z |
Sandra Ann Jimenez (Sandie)
Our beloved sister, Sandra Ann Jimenez (Sandie), passed from this earth to glory on June 20, 2022 at the age of 66. When the doctors had given her 3 months, she put herself in the Lord’s hands, giving thanks for every day, and 4 more years were given to her.
Sandie is survived by her beloved chihuahua, Paloma and sisters, Lupe Martinez, Suzanne Strege, Jessica Booth and her husband, Brian Booth, Cynthia Provost and many beloved nieces and nephews.
Sandie was born in Temple, Texas on June 8, 1956 to Jesus and Amparo Jimenez. She graduated from Temple College with a degree in Business. She also graduated from the School of Hard Knocks where she received her PHD in Street Smarts & Learning the Hard Way with a minor in Picking Yourself Up by the Bootstraps.
Sandie was a loving daughter, dog mom, sister, and friend. She was a devoted caretaker to her mother Amparo.
Sandie was a talented artist, her mediums of glass mosaic and charcoal gave her the perspective that not all is in black and white, but that there is color throughout this life.
In her early 20’s she explored outside of the box and traveled the U.S. from coast to coast. She lived in New York and California before returning to Temple. Sandie loved dancing and from Country to Disco to Rock & Roll, she was a constant on the dance floor.
She was a stand up comedian performing daily, until her illness eventually forced her to become a sit-down comedian. Throughout her illness she never stopped trying to share joy and positivity, to make everyone around her laugh or, at the very least, to bring a smile to their faces.
Sandie had been a Volunteer Firefighter with the California Forestry Dept. where she helped fight the historic Laguna Beach fire of 1993. She dabbled in flipping houses where she worked as a contractor and interior design specialist. She was a skilled CNC machinist until her retirement. Not being one to be idle, she often volunteered as an elections worker expressing how important it was to vote! Her work ethic was always evident in her many careers, and her lifelong friendships were steadfast. She was honest to a fault, with all the best intentions.
Throughout her life Sandie was a spiritual person. Her spirituality took her in many directions from exploring her Native American roots (Comanche), her Catholic upbringing, and finally re-dedicating her life to her Lord and Savior Jesus Christ. She found great comfort and strength in reading her Bible. She woke every morning giving Thanks to GOD and happily shared the Lord’s Love by sending daily texts of prayers and Bible verses with her friends and family members. Those blessings will be sorely missed.
We know she loved us because she never hesitated to tell us. We can still feel her touch in our hearts. She left us with memories to last until we meet again. Sandie Jimenez is loved by us and loved by the Lord.
Paid Obituary | https://www.tdtnews.com/obituaries/article_289a72c4-09e0-11ed-83c0-bb6b648ffee9.html | 2022-07-24T10:11:32Z |
ZURICH, June 23, 2022 /PRNewswire/ -- Chubb Limited (NYSE: CB) will hold its second quarter earnings conference call on Wednesday, July 27, 2022, at 8:30 a.m. Eastern.
The company expects to issue its second quarter earnings release and financial supplement after the market closes on Tuesday, July 26, 2022. These documents will be available on the company's investor website at investors.chubb.com.
The earnings conference call will be available via live webcast at investors.chubb.com or by dialing 800-458-4121 (within the United States) or 313-209-6672 (international), passcode 2366321. Please refer to the Chubb website under Events and Presentations for details. A replay will be available after the call at the same location. To listen to the replay, click here to register and receive dial-in numbers.
About Chubb
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries and territories, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London, Paris and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: www.chubb.com.
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SOURCE Chubb Limited | https://www.wibw.com/prnewswire/2022/06/23/chubb-limited-hold-its-second-quarter-earnings-conference-call-wednesday-july-27-2022/ | 2022-06-23T17:52:13Z |
(NewsNation) — Burger King cook and cashier Kevin Ford hasn’t missed a shift in 27 years.
He’s now received more than $200K from GoFundMe donations after a video of him opening a goodie bag went viral.
Since 1995, Ford hasn’t called out sick or taken time off once at the Burger King, located in the Las Vegas airport. As a thank-you for his time, Ford received a goodie bag from his employer which included a Starbucks tumbler, a bag of Reese’s candy and Life Savers candy.
“I just try to work as hard as I can at whatever I do,” Ford said during an appearance Friday night on NewsNation’s “Banfield.”
Ford said he was grateful for the gift, but TikTok and Reddit users felt he deserved more.
To further honor Ford’s dedication to his job, his daughter set up a GoFundMe.
“My dad continues to work here, because though he does look young, he is coming up on retirement age and leaving would cost him his retirement. In no way are we asking for money or is he expecting any money but if anyone feels like blessing him he would love to visit his grandchildren,” the GoFundMe description reads.
As of Monday afternoon, over 5,000 people had donated, and $166,417 had been raised of the $175,000 goal. By Tuesday morning, the donations exceeded $200,000.
Ford told NewsNation that he plans to use the money to visit his daughter and grandkids. He also plans to start saving for their college funds.
“The generosity of these people. It’s just overwhelming,” Ford said. “You know, I’ve been crying for three days now. I just can’t believe it. I really can’t.” | https://cw33.com/news/i-cant-believe-it-viral-burger-king-worker-receives-more-than-200k-from-gofundme/ | 2022-06-28T16:57:44Z |
SAN JOSE, Calif., May 20, 2022 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) today announced the pricing of its previously announced offer to purchase for cash any and all of the company's outstanding notes listed in the table below (collectively, the "Notes"). Each reference to an "Offer" herein refers to the applicable offer to purchase for cash the 2.200% Senior Notes due September 2022 (the "2022 Notes") or the 1.350% Senior Notes due June 2023 (the "2023 Notes"), as applicable.
The Offer was made upon the terms and subject to the conditions set forth in the offer to purchase, dated May 16, 2022 (as may be amended or supplemented from time to time, the "Offer to Purchase"), and its accompanying notice of guaranteed delivery (the "Notice of Guaranteed Delivery" and, together with the Offer to Purchase, the "Tender Offer Documents"). Capitalized terms used but not defined in this announcement have the meanings given to them in the Offer to Purchase.
Details of the Offer
Upon the terms and subject to the conditions set forth in the Tender Offer Documents, Holders who (i) validly tender Notes at or prior to the Expiration Time (as defined below) (and do not validly withdraw such Notes at or prior to the Withdrawal Time (as defined below)) or (ii) deliver a properly completed and duly executed Notice of Guaranteed Delivery (or comply with ATOP procedures applicable to guaranteed delivery) and all other required documents at or prior to the Expiration Time and validly tender their Notes at or prior to the Guaranteed Delivery Time pursuant to the guaranteed delivery procedures, and, in each case, whose Notes are accepted for purchase by us, will receive the applicable Tender Offer Consideration specified above for each $1,000 principal amount of Notes, which will be payable in cash.
In addition to the applicable Tender Offer Consideration, Holders whose Notes are accepted for purchase by us will be paid applicable accrued and unpaid interest on such Notes from the last interest payment date of the Notes to, but not including, the settlement date (which is expected to be May 23, 2022, the first business day after the Expiration Time (as defined below), unless the Expiration Time is extended or the Offer is terminated earlier) (the "Settlement Date") for the Notes purchased in the Offer ("Accrued Interest"). Interest on the Notes will cease to accrue on the Settlement Date for all Notes accepted in the Offer, including those tendered through the guaranteed delivery procedures.
The Offer will expire at 5:00 p.m., New York City time, on May 20, 2022, unless the Offer is extended or earlier terminated (the "Expiration Time"). Tendered Notes may be withdrawn at any time prior to 5:00 p.m., New York City time, on May 20, 2022, or if the Offer is extended, the 10th business day after the commencement of the Offer (the "Withdrawal Time"), but not thereafter, except as required by applicable law as described in the Offer to Purchase. Notes tendered pursuant to the Offer may also be withdrawn at any time after the 60th business day after commencement of the Offer if for any reason the Offer has not been consummated within 60 business days of commencement.
For further details on the procedures for tendering the Notes, please refer to the Offer to Purchase, including the procedures set out under the heading "The Offer—Procedures for Tendering Notes" in the Offer to Purchase.
The Offer is subject to certain conditions, including, among other things, the Financing Condition (as defined in the Offer to Purchase), and certain customary conditions. Subject to applicable law and limitations described in the Offer to Purchase, we may waive any of the conditions in our sole discretion.
We intend to issue a redemption notice for any remaining outstanding 2022 Notes that have not been validly tendered and accepted for payment in the Offer at the "make-whole" redemption price set forth in the terms and conditions of the 2022 Notes. In the case of the 2023 Notes, we do not presently intend, but reserve the right, to acquire any 2023 Notes that are not purchased pursuant to the Offer through the optional redemption provisions of the 2023 Notes or otherwise. This press release does not constitute a notice of redemption or an obligation to issue a notice of redemption for any Notes.
We have retained Morgan Stanley & Co. LLC ("Morgan Stanley") to act as the Dealer Manager in connection with the Offer (the "Dealer Manager"). Questions regarding terms and conditions of the Offer should be directed to Morgan Stanley at 1585 Broadway, New York, New York 10036, Attention: Liability Management Group or at (212) 761-1057 (collect) or (800) 624-1808 (toll free).
D.F. King has been appointed as information agent and tender agent (the "Information Agent and Tender Agent") in connection with the Offer. Questions or requests for assistance in connection with the Offer, or for additional copies of the Tender Offer Documents, may be directed to the Information Agent and Tender Agent at (212) 269-5550 for banks and brokers or (866) 207-3648 for holders (toll free), or via e-mail at PayPal@dfking.com. You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offer. The Tender Offer Documents can be accessed at the Offer Website: www.dfking.com/PayPal.
We reserve the right, in our sole discretion, not to purchase any Notes or to extend, re-open, withdraw or terminate the Offer and to amend or waive any of the terms and conditions of the Offer in any manner, subject to applicable laws and regulations.
Holders are advised to read carefully the Offer to Purchase for full details of and information on the procedures for participating in the Offer.
All documentation relating to the Offer, including the Offer to Purchase, together with any updates, are available from the Information Agent and Tender Agent, the contact details for whom are set out below. Holders are urged to contact the Information Agent and Tender Agent for the relevant announcements relating to the Offer. In addition, all documentation relating to the Offer to Purchase, together with any updates, will be available via the Offer Website: www.dfking.com/PayPal.
DISCLAIMER This announcement must be read in conjunction with the Offer to Purchase. This announcement and the Offer to Purchase contain important information which should be read carefully before any decision is made with respect to the Offer. You are recommended to seek your own financial, legal and tax advice, including as to any tax consequences, immediately from your broker, bank manager, solicitor, accountant or other independent financial or legal adviser. Any individual or company whose Notes are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee or intermediary must contact such entity if it wishes to participate in the Offer.
None of the Company, the Dealer Manager, the Trustee, the Paying Agent, the Tender Agent or the Information Agent or any of their respective directors, officers, employees, agents or affiliates makes any recommendation as to whether or not Holders should tender their Notes in the Offer.
None of the Company, the Dealer Manager, the Trustee, the Paying Agent, the Tender Agent or the Information Agent or any of their respective directors, officers, employees, agents or affiliates assumes any responsibility for the accuracy or completeness of the information concerning the Company, the Notes, or the Offer contained in this announcement or in the Offer to Purchase. None of the Company, the Dealer Manager, the Trustee, the Paying Agent, the Tender Agent, the Information Agent or any of their respective directors, officers, employees, agents or affiliates is acting for any Holder, or will be responsible to any Holder for providing any protections which would be afforded to its clients or for providing advice in relation to the Offer, and accordingly none of the Company, the Dealer Manager, the Trustee, the Paying Agent, the Tender Agent, the Information Agent or any of their respective directors, officers, employees, agents or affiliates assumes any responsibility for any failure by the Company to disclose information with regard to the Company or Notes which is material in the context of the Offer and which is not otherwise publicly available.
General
This announcement is for informational purposes only. This announcement is not an offer to purchase or a solicitation of an offer to purchase any Notes or any other securities of the Company or any of its subsidiaries. The Offer is being made solely pursuant to the Offer to Purchase. The Offer is not being made to Holders of Notes in any jurisdiction in which the making or acceptance thereof would not be in compliance with the securities, blue sky or other laws of such jurisdiction. In any jurisdiction in which the securities laws or blue sky laws require the Offer to be made by a licensed broker or dealer, the Offer will be deemed to be made on behalf of the Company by the Dealer Manager or one or more registered brokers or dealers that are licensed under the laws of such jurisdiction.
No action has been or will be taken in any jurisdiction that would permit the possession, circulation or distribution of either this announcement, the Offer to Purchase or any material relating to us or the Notes in any jurisdiction where action for that purpose is required. Accordingly, neither this announcement, the Offer to Purchase nor any other offering material or advertisements in connection with the Offer may be distributed or published, in or from any such country or jurisdiction, except in compliance with any applicable rules or regulations of any such country or jurisdiction.
The distribution of this announcement and the Offer to Purchase in certain jurisdictions may be restricted by law. Persons into whose possession this announcement or the Offer to Purchase comes are required by us, the Dealer Manager, the Information Agent and Tender Agent to inform themselves about, and to observe, any such restrictions.
Neither this announcement nor the Offer to Purchase, or the electronic transmission thereof, as applicable, constitutes an offer to sell or buy any of the new notes pursuant to the New Notes Offering, a solicitation for acceptance of the Offer, or a notice of redemption under the indenture governing the Notes. The distribution of this announcement in certain jurisdictions may be restricted by law. We are not aware of any jurisdiction where the making of the Offer is not in compliance with applicable law. If we become aware of any such jurisdiction, we will make a good faith effort to comply with applicable law or seek to have such law declared inapplicable to the Offer. If, after such good faith effort, we cannot comply with any such law, the Offer will not be made to (nor will tenders be accepted from or on behalf of) Holders residing in such jurisdiction. In those jurisdictions where the securities, blue sky or other laws require the Offer to be made by a licensed broker or dealer and the Dealer Manager or any of their respective affiliates is such a licensed broker or dealer in any such jurisdiction, the Offer shall be deemed to be made by the Dealer Manager or such affiliate (as the case may be) on behalf of the Company in such jurisdiction.
Each Holder participating in the Offer will give certain representations in respect of the jurisdictions referred to above and generally as set out herein. Any tender of Notes pursuant to the Offer from a Holder that is unable to make these representations will not be accepted. Each of the Company, the Dealer Manager, the Tender Agent and Information Agent reserves the right, in its absolute discretion, to investigate, in relation to any tender of Notes pursuant to the Offer, whether any such representation given by a Holder is correct and, if such investigation is undertaken and as a result the Company determines (for any reason) that such representation is not correct, such tender shall not be accepted.
About PayPal
PayPal has remained at the forefront of the digital payment revolution for more than 20 years. By leveraging technology to make financial services and commerce more convenient, affordable, and secure, the PayPal platform is empowering 429 million consumers and merchants in more than 200 markets to join and thrive in the global economy.
Forward-Looking Statements
This press release contains "forward-looking" statements within the meaning of applicable securities laws, including statements related to the anticipated terms of the offering, the anticipated closing of the offering, the expected use of proceeds of the notes and other statements that are not historical fact. These forward-looking statements can be identified by words such as "may," "will," "would," "should," "could," "expect," "anticipate," "believe," "estimate," "intend," "strategy," "future," "opportunity," "plan," "project," "forecast" and other similar expressions. Forward-looking statements are based upon various estimates and assumptions, as well as information known to PayPal as of the date of this press release, and are inherently subject to numerous risks and uncertainties. Accordingly, actual results could differ materially from those predicted or implied by forward-looking statements. For the reasons discussed above, you should not place undue reliance on the forward-looking statements in this press release. PayPal assumes no obligation to update such forward-looking statements, except as required by law.
Investor Relations Contacts
Gabrielle Rabinovitch
grabinovitch@paypal.com
Ryan Wallace
ryanwallace@paypal.com
Media Relations Contacts
Josh Criscoe
jcriscoe@paypal.com
Taylor Watson
taywatson@paypal.com
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SOURCE PayPal Holdings, Inc. | https://www.kxii.com/prnewswire/2022/05/20/paypal-announces-pricing-debt-tender-offer/ | 2022-05-20T20:37:28Z |
NEW YORK, Sept. 14, 2022 /PRNewswire/ -- Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), (NEO: MMED), (the "Company" or "MindMed"), a clinical stage biopharmaceutical company developing novel products to treat brain health disorders, today announced that it has received a letter from The Nasdaq Stock Market LLC advising the Company that it has regained compliance with Nasdaq's minimum bid price listing requirement. The Company has satisfied the terms for continued listing on the Nasdaq Capital Market by complying with the minimum bid price requirement of $1.00 per share under Nasdaq Listing Rule 5550(a)(2), and all other criteria for continued listing. Accordingly, Nasdaq has advised that the matter is now closed.
The Company believes the completion of the reverse share split and subsequent attainment of compliance with Nasdaq listing requirements enables the Company to potentially achieve several important corporate objectives, including but not limited to, the ability to meet certain security eligibility criteria for consideration for inclusion into market-wide and healthcare sector indices, potentially augment MindMed's visibility within the investment community, increase the liquidity of its common shares and broaden its shareholder base.
MindMed is a clinical stage biopharmaceutical company developing novel products to treat brain health disorders. Our mission is to be the global leader in the development and delivery of treatments that unlock new opportunities to improve patient outcomes. We are developing a pipeline of innovative drug candidates, with and without acute perceptual effects, targeting the serotonin, dopamine, and acetylcholine systems.
MindMed trades on NASDAQ under the symbol MNMD and on the Canadian NEO Exchange under the symbol MMED.
Certain statements in this news release related to the Company constitute "forward-looking information" within the meaning of applicable securities laws and are prospective in nature. Forward-looking information is not based on historical facts, but rather on current expectations and projections about future events and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as "will", "may", "should", "could", "intend", "estimate", "plan", "anticipate", "expect", "believe", "potential" or "continue", or the negative thereof or similar variations. Forward-looking information in this news release include, but are not limited to, statements regarding the Company's ability to continue to meet the listing standards on NASDAQ, to achieve anticipated upcoming milestones and corporate objectives, meet securities eligibility criteria for inclusion in market-wide and healthcare sector indices, increase liquidity for its common shares and broaden its shareholder base.. There are numerous risks and uncertainties that could cause actual results and the Company's plans and objectives to differ materially from those expressed in the forward-looking information, including history of negative cash flows; limited operating history; incurrence of future losses; availability of additional capital; lack of product revenue; compliance with laws and regulations; difficulty associated with research and development; risks associated with clinical trials or studies; heightened regulatory scrutiny; early stage product development; clinical trial risks; regulatory approval processes; novelty of the psychedelic inspired medicines industry; as well as those risk factors discussed or referred to herein and the risks described in the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2021 and its Quarterly Reports on Form 10-Q for the period ended June 30, 2022 under headings such as "Special Note Regarding Forward-Looking Statements," and "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" and other filings and furnishings made by the Company with the securities regulatory authorities in all provinces and territories of Canada which are available under the Company's profile on SEDAR at www.sedar.com and with the U.S. Securities and Exchange Commission on EDGAR at www.sec.gov. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events, changes in expectations or otherwise.
For Media: media@mindmed.co
For Investors: ir@mindmed.co
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SOURCE Mind Medicine (MindMed) Inc. | https://www.kxii.com/prnewswire/2022/09/14/mindmed-announces-compliance-with-nasdaq-listing-requirements/ | 2022-09-14T13:04:33Z |
Schwarber goes deep for Phillies in 9-5 win over Athletics
By DAN GELSTON
AP Sports Writer
PHILADELPHIA (AP) — Kyle Schwarber homered in his first at-bat with the Phillies, reigning NL MVP Bryce Harper knocked in a run and Aaron Nola struck out seven to lead the Philadelphia Phillies to a 9-5 win over the Oakland Athletics. Chad Pinder hit a solo homer in the fourth for the A’s. Seth Brown added a three-run homer in the seventh for Oakland. Nick Castellanos also drove in a run for the Phillies in his debut. The Phillies spent $179 million on Castellanos and Schwarber in the offseason. Harper had lobbied the Phillies to sign both players. | https://localnews8.com/sports/ap-national-sports/2022/04/08/schwarber-goes-deep-for-phillies-in-9-5-win-over-athletics/ | 2022-04-09T01:22:41Z |
CHICAGO, Aug. 11, 2022 /PRNewswire/ -- Coates Group, a global technology company specializing in digital merchandising solutions, was named as McDonald's single global Digital Menu Board (DMB) Content Management System (CMS) provider and one of two approved Digital Menu Board hardware providers alongside Acrelec Group.
While Coates Group has been providing solutions to McDonald's around the world for 50 years, this new appointment is the largest partnership engagement to date and follows an extensive, multiple-round RFP process in which several providers were evaluated.
"After thorough review of best-in-class CMS providers, it was clear that Coates Group was the best positioned technology partner for this critical phase of our digital evolution. Our goal was to find one global provider that could deliver our digital CMS vision, which is to enable a consistent ordering experience to all our customers around the world through a single, cohesive hardware and software solution. We're confident that Coates Group will deliver on that vision, and we look forward to a long-term partnership that empowers our markets with flexibility within a globally standardized framework," said Hashim Amin, Vice President of Global Product & Engineering at McDonald's.
The five-year agreement will enable McDonald's first, globally-standardized DMB solution. The comprehensive solution provides McDonald's markets with Coates' dynamic Switchboard™ CMS to power their content and marketing strategies. While Coates Group will manage the overall partnership and be the sole CMS provider, the total solution offers markets a choice of DMB hardware as well as installation and support services from Coates or Acrelec. This holistic global solution enables McDonald's desired technology standardization while also accommodating individual market's unique requirements for customization, in addition to significant cost efficiencies for markets.
"We couldn't be prouder to continue the great momentum we've built with McDonald's in the digital merchandising space over the last 10 years and to take our partnership to new, innovative heights. As a long-term partner of McDonald's, we are thrilled about the continued growth and success we've seen together and are excited to deliver in this new capacity, beginning with the transition of the US market to the Coates CMS solution," said Leo Coates, CEO of Coates Group.
Coates Group first formed a partnership with McDonald's in Australia in the 1970s as a traditional signage and merchandising provider. Throughout the 1980s and 1990s, the partnership grew into Asian and European markets with the introduction of new signage technology. Following Coates' evolution into the digital merchandising space in the 2010s, the partnership expanded even further across the world. In 2017, Coates Group was awarded the Outdoor Digital Menu Board hardware rollout for McDonald's US, which was the largest QSR menu board rollout completed to date. Today, Coates is supporting 50 McDonald's markets – including the US, Canada, Australia, France, and the UK – with digital merchandising solutions such as CMS, DMB and self-order kiosk.
Acrelec was founded by two former McDonald's employees in early 2000, Jacques Mangeot and Jalel Souissi, who aimed to reimagine the customer experience through innovative self-order kiosks and drive thru technology and solutions. Acrelec counts over 80,000 installations in 80 countries.
To learn more about the partnership, please contact Emily Loebig – Chief Brand Officer – at emily.loebig@coatesgroup.com.
Coates Group is redefining the way brands engage with their customers. For over 55 years, Coates has been driving constant innovation and delivering unrivaled merchandising solutions – indoor and outdoor digital hardware, traditional signage, and a proprietary content management system, Switchboard™. This is done with one goal in mind – to create immersive brand experiences.
Switchboard™ content management system is a web-based, data-driven, scalable platform created by Coates specifically for QSR environments. It's a key component in Coates' complete digital merchandising solution designed to create, distribute, and display digital media to generate customer engagement. Switchboard™ uses real time data and rich analytics to orchestrate a seamless customer journey by showing the right product, to the right customer, at the right time, all while increasing revenue and driving ROI.
Coates Group
Emily Loebig
+1 630-728-5727
Emily.Loebig@CoatesGroup.com
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SOURCE Coates Group | https://www.mysuncoast.com/prnewswire/2022/08/11/coates-group-named-mcdonalds-global-provider-digital-menu-board-content-management-system/ | 2022-08-11T18:51:43Z |
Hearing today may be the last chance for Tulsa Race Massacre’s survivors to get justice
By Amir Vera, Omar Jimenez and Ashley Killough, CNN
A district court judge Monday could determine the fate of a reparations lawsuit filed by survivors and descendants of the 1921 Tulsa race massacre and whether the suit will go forward to trial.
The lawsuit was filed in March 2021 and looks to not only set the record straight on what took place between May 31 and June 1, 1921, but also create a special fund for survivors and descendants of the massacre that left at least 300 Black people dead and the once-booming neighborhood of Greenwood destroyed.
On top of that, attorneys for the plaintiffs are racing against the clock. Three of their clients are more than 100 years old — Viola Fletcher and Lessie Benningfield Randle are both 107 and Hughes Van Ellis is the youngest at 101. This could be their last chance to get some semblance of justice.
Damario Solomon-Simmons, an attorney for the plaintiffs, told CNN he received a text message from Van Ellis — also known as Uncle Red — which read:
“News flash, communicating with any of the other attorneys” — talking about the defendants — “Please let them know that they’re trying to wait out the three survivors. We’re not going anywhere with three exclamation points.”
Judge Caroline Wall’s decision on the future of the case, which has been 100 years in the making, will ultimately hold America accountable for a previous injustice and could lay the groundwork for similar cases in the future, Solomon-Simmons said.
“I just cannot wait to stand in front of Judge Caroline Wall and explain to her, very clearly why, (with) the facts and the law are on our side, we should be able to move forward,” Solomon-Simmons said. “We’re not asking her nor is she required to decide if we win our case or not. All we’re asking for is the opportunity to move forward along this case, so we can prove what we’ve said we can prove.”
Monday’s hearing is expected to last hours, he said.
Lawsuit names 7 defendants
The lawsuit names 11 plaintiffs, including survivors and relatives of survivors. Seven total defendants are named, including the city of Tulsa, Oklahoma Military Department and the Tulsa Development Authority.
Six months after the lawsuit was initially filed, some defendants in the case, including the Board of County Commissioners and Tulsa Metropolitan Area Planning Commission, filed motions to dismiss. The defendants’ oppositions included arguments that the case lacks standing because some plaintiffs have not proven they suffered concrete personal injury and that their alleged injuries could not be remedied by the court. A hearing was held in September, but no decision was made at the time.
A judge gave the plaintiffs until January 31 to present new arguments and gave the defendants until March to respond, Solomon-Simmons said. CNN has reached out to the defendants for comment.
“We asked her for another hearing day because mother (Viola) Fletcher turns 108 on May 10, and we asked Judge Wall and … we said ‘look, this issue needs to be resolved before this lady turns 108 years old.’ And that’s why she granted that hearing,” he said.
The lawsuit is also looking to officially declare that the actions of that day and the century that followed “created a public nuisance” for the plaintiffs and their descendants as defined by Oklahoma law.
“We’re confident we’ll be able to prove that. We’re confident that if we go through discovery, we’ll gather evidence that we’ll show that, but we need the opportunity to do that,” Solfanelli said.
The next steps after Monday’s hearing — should it go forward — would be the discovery stage or the gathering of more evidence, both attorneys told CNN.
“And that’s why this is so important. There’s so much we don’t know about the massacre. There’s so much, we don’t know about the ongoing harm,” Solomon-Simmons said.
Race massacre’s effects linger 100 years later
There have been efforts in recent years to raise awareness about the massacre.
The 2018 news that victims’ bodies might have been found, along with plot lines from two popular TV shows — HBO’s “Lovecraft Country” and “Watchmen” — helped to invigorate interest in this dark period of American history. (CNN and HBO have the same parent company.)
Many of the details about what happened that spring have been lost to time, though.
What is known is that Tulsa at the time had something most cities did not: The Greenwood District was a thriving Black hub of commerce, home to multiple millionaires and about 300 Black-owned businesses. It is colloquially known as Black Wall Street.
The events leading up to the massacre began on May 30, 1921, when Dick Rowland, a 19-year-old Black shoe shiner, ran from an elevator in a downtown building after the elevator’s teen operator let out a scream. Rumors of a rape then circulated, Rowland was arrested, and White Tulsans formed a lynch mob.
Black Tulsans arrived at the jail to defend Rowland, scuffles ensued, a gun went off, and as then-Sheriff William McCullough told Literary Digest, “All hell broke loose.”
The mob laid waste to about 35 blocks within 16 hours, arresting thousands of Black residents, while robbing, beating and killing others. Historic photos show entire blocks gutted by flame and Black people lying in the street.
Exacerbating matters were insurance companies that denied many claims for what today would be tens of millions of dollars in property damage, including the destruction of two Black hospitals and 1,256 residences, according to the Greenwood Cultural Center.
“There is still no hospital in north Tulsa to today. So that’s 101 years that that hospital has never been rebuilt,” Solfanelli said. “When you think about the generational wealth that was lost when Greenwood was lost, then I think people can step back and say, wait a minute, imagine if that happened to my great-grandparents.”
Solomon-Simmons told CNN what makes Greenwood special isn’t its destruction, Black communities have endured similar events throughout history.
“It’s special because of the size and scope of the destruction. It’s special because we have so much documentation, we have actual video, we have hundreds of pictures, we have hundreds of insurance claims that were not paid, and we have three living survivors,” he said. “If Black people can’t win this, how can we win?”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Nicquel Terry Ellis and Eliott C. McLaughlin contributed to this report. | https://localnews8.com/news/national-world/cnn-national/2022/05/02/a-judge-could-decide-today-if-the-tulsa-race-massacre-reparations-lawsuit-will-go-forward-to-trial/ | 2022-05-02T14:47:30Z |
NANJING, China, May 6, 2022 /PRNewswire/ -- Tuniu Corporation (Nasdaq: TOUR) ("Tuniu" or the "Company"), a leading online leisure travel company in China, today provides an update on its status under the Holding Foreign Companies Accountable Act (the "HFCAA").
The Company is aware that it has been provisionally identified by the United States Securities and Exchange Commission (the "SEC") under the HFCAA as a Commission-Identified Issuer on May 4, 2022 U.S. Eastern Time. The Company understands that such identification may have resulted from its filing of the annual report on Form 20-F for the fiscal year ended December 31, 2021 with the SEC on April 29, 2022.
Tuniu understands the SEC made such identification pursuant to the HFCAA and its implementation rules issued thereunder, and this indicates that the SEC determines that the Company used a registered public accounting firm whose working paper cannot be inspected or investigated completely by the Public Company Accounting Oversight Board of the United States (the "PCAOB") to issue the audit opinion for its financial statements for the fiscal year ended December 31, 2021.
In accordance with the HFCAA, if the SEC determines that the Company filed audit reports issued by a registered public accounting firm that has not been subject to inspection by the PCAOB for three consecutive years beginning in 2021, the SEC shall prohibit the shares or American depositary shares of the Company from being traded on a national securities exchange or in the over-the-counter trading market in the United States.
Tuniu has been actively exploring possible solutions. Tuniu will continue to comply with applicable laws and regulations in both China and the United States, and strive to maintain its listing status on Nasdaq to the extent it can.
About Tuniu
Tuniu (Nasdaq: TOUR) is a leading online leisure travel company in China that offers a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services for leisure travelers through its website tuniu.com and mobile platform. Tuniu covers over 420 departing cities throughout China and all popular destinations worldwide. Tuniu provides one-stop leisure travel solutions and a compelling customer experience through its online platform and offline service network, including a dedicated team of professional customer service representatives, 24/7 call centers, extensive networks of offline retail stores and self-operated local tour operators. For more information, please visit http://ir.tuniu.com.
Safe Harbor Statement
This press release contains forward-looking statements made under the "safe harbor" provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Tuniu may also make written or oral forward-looking statements in its reports filed with or furnished to the U.S. Securities and Exchange Commission, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about Tuniu's beliefs and expectations, are forward-looking statements that involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such factors and risks include, but are not limited to the following: Tuniu's goals and strategies; the growth of the online leisure travel market in China; the demand for Tuniu's products and services; its relationships with customers and travel suppliers; the Company's ability to offer competitive travel products and services; Tuniu's future business development, results of operations and financial condition; competition in the online travel industry in China; relevant government policies and regulations relating to the Company's structure, business and industry; the impact of the COVID-19 on Tuniu's business operations, the travel industry and the economy of China and elsewhere generally; and the general economic and business condition in China and elsewhere. Further information regarding these and other risks, uncertainties or factors is included in the Company's filings with the U.S. Securities and Exchange Commission. All information provided in this press release is current as of the date of the press release, and Tuniu does not undertake any obligation to update such information, except as required under applicable law.
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SOURCE Tuniu Corporation | https://www.kxii.com/prnewswire/2022/05/06/tuniu-provides-update-status-under-holding-foreign-companies-accountable-act/ | 2022-05-06T08:41:59Z |
Wildcats turning to former Junction City grad for backup RB
MANHATTAN, Kan. (WIBW) - Head coach Chris Klieman and company still have Deuce Vaughn as their RB1.
At the start of fall camp, he wasn’t sure who would be in the role as RB2. Well, they’ve found their guy who will backup Vaughn, and that’s Junction City grad and redshirt freshman DJ Giddens.
“He’s made that next step for us in practice. Now we need DJ to make that next step in games.”
He hasn’t logged any playing time yet, but if his high school numbers say anything, his senior year he rushed for 1,255 yards and 30 touchdowns.
Klieman says he’s ready for it.
“I think he’s more comfortable, more confident. We believe in him. He’s going to take a good chunk of reps. DJ is ready for this and he’s prepared himself. That’s the one that I would say right now that would get the most reps behind Deuce.”
K-State’s opens the season at home Sept. 3 at 6:00 p.m.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/24/wildcats-turning-former-junction-city-grad-backup-rb/ | 2022-08-24T07:58:02Z |
CAMBRIDGE, Mass., Aug. 3, 2022 /PRNewswire/ -- Omega Therapeutics, Inc. (Nasdaq: OMGA) ("Omega"), a clinical-stage biotechnology company pioneering the first systematic approach to use mRNA therapeutics as programmable epigenetic medicines by leveraging its OMEGA Epigenomic Programing™ platform, today announced that Thomas McCauley, Chief Scientific Officer, will participate in a fireside chat at the 2022 Wedbush PacGrow Healthcare Conference on August 10, 2022, at 8 a.m. ET.
A live webcast of the fireside chat will be available on the Investors & Media section of the Company's website at www.omegatherapeutics.com. An archived replay of the fireside chat will be available on the same website for approximately 90 days.
Omega Therapeutics, founded by Flagship Pioneering, is a clinical-stage biotechnology company pioneering the first systematic approach to use mRNA therapeutics as a new class of programmable epigenetic medicines. The company's OMEGA Epigenomic Programming™ platform harnesses the power of epigenetics, the mechanism that controls gene expression and every aspect of an organism's life from cell genesis, growth, and differentiation to cell death. Using a suite of technologies, paired with Omega's process of systematic, rational, and integrative drug design, the OMEGA platform enables control of fundamental epigenetic processes to correct the root cause of disease by returning aberrant gene expression to a normal range without altering native nucleic acid sequences. Omega's modular and programmable mRNA medicines, Omega Epigenomic Controllers™, target specific epigenomic loci within insulated genomic domains, EpiZips™, from amongst thousands of unique, mapped, and validated genome-wide DNA-sequences, with high specificity to durably tune single or multiple genes to treat and cure diseases through Precision Genomic Control™. Omega is currently advancing a broad pipeline of development candidates spanning a range of disease areas, including oncology, regenerative medicine, multigenic diseases including immunology, and select monogenic diseases, including alopecia.
For more information, visit omegatherapeutics.com, or follow us on Twitter and LinkedIn.
Contacts
Media contact:
Jason Braco
LifeSci Communications
646.751.4361
jbraco@lifescicomms.com
Investor contact:
Kevin Murphy
Argot Partners
212.600.1902
ArgotOmega@argotpartners.com
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SOURCE Omega Therapeutics | https://www.kxii.com/prnewswire/2022/08/03/omega-therapeutics-participate-2022-wedbush-pacgrow-healthcare-conference/ | 2022-08-03T12:14:41Z |
NEW YORK and DELRAY BEACH, Fla., Aug. 29, 2022 /PRNewswire/ -- Residential real estate brokerage and proptech firm MV Realty (www.mvrealty.com), based in Delray Beach, Fla., has selected Feintuch Communications as its public relations agency of record.
MV Realty has enjoyed strong growth in the last few years with a current presence in 33 states, a roster of highly experienced agents, proprietary CRM technology and a suite of advanced technology tools to support its agents. The company also has a unique consumer offering: a Homeowner Benefit Program® (HBP) (www.homeownerbenefit.com) which supports long-term relationships between homeowners and agents. The HBP offers homeowners a cash incentive of up to $5,000 to use MV Realty as their listing agent if and when they decide to sell their home.
"As a firm that's a multi-faceted entity – combining financial services, real estate brokerage and proptech – we looked for a PR partner with expertise in all three areas," said Antony Mitchell, CEO, MV Realty.
Feintuch Communications' team experience in fintech includes its current/past work for ClassWallet, Klarna, SplitIt, BasisCode Compliance and Optimal Payments, and in real estate and professional services, MRI Software, Empire State Realty Trust, coUrbanize and an award-winning campaign for Convene.
"We're impressed with MV Realty's business model," said Henry Feintuch, president, Feintuch Communications, who noted that his team will implement an integrated consumer, trade and business campaign. "In addition to providing top-rated real estate services, they help consumers access cash that they did not know was available to them. MV Realty's Homeowner Benefit Program offers agents strong lead flow and extra revenue opportunities. Most are making significantly more than the industry median, which is particularly telling in this ever-changing real estate market."
Members of Feintuch Communications' MV Realty team include Rachel Antman, senior director; and Liz Savery, vice president.
About Feintuch Communications
Feintuch Communications (www.feintuchcommunications.com), based in New York City, is an award-winning strategic relations firm offering clients an integrated blend of public relations, advertising/marketing, investor relations and other services to meet their business objectives. A founding partner of PR World Alliance (www.prworldalliance.com), the firm specializes in B2B and B2C programs with a focus in technology, financial services, adtech and media, AV and clean tech. Feintuch Communications prides itself on its strong service ethic, senior counsel and hands-on support.
About MV Realty and the Homeowner Benefit Program
Founded in 2014 and headquartered in Delray Beach, Florida, MV Realty is a residential real estate brokerage and proptech firm dedicated to meeting the needs of the modern broker, home buyer and home seller through a combination of personalized service, a proprietary CRM system and a suite of advanced technology tools to support its agents. The firm has a presence in 33 states and employs more than 500 licensed agents. Its Homeowner Benefit Program® is a unique consumer offering that provides homeowners with a cash incentive of up to $5,000 to use MV Realty as their listing agent if and when they decide to sell their home. For more information, visit www.mvrealty.com and www.homeownerbenefit.com.
Homeowner Benefit Program is a registered trademark of MV Realty PBC, LLC. All other trade names are the property of their respective owners.
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SOURCE Feintuch Communications | https://www.wibw.com/prnewswire/2022/08/29/mv-realty-selects-feintuch-communications-its-pr-agency-partner/ | 2022-08-29T13:53:05Z |
Alito’s draft opinion to reverse Roe is everything the anti-abortion movement has worked for
By Tierney Sneed
“Compelling.” “Comprehensive.” “A tour de force.”
Abortion opponents saw everything they have hoped for in their decades-long partnership with the broader legal conservative movement in a draft Supreme Court majority opinion disclosed Monday that, if ultimately adopted by the court, would end nationwide abortion rights protections for Americans.
With all the caveats that the draft is not final and the vote count of a majority willing to overturn Roe v. Wade could always change, prominent members of the conservative legal world were thrilled with the approach that Justice Samuel Alito took in the document obtained by Politico after it apparently had been circulated among the justices in February.
RELATED: Breaking down Samuel Alito’s draft opinion
“Justice Alito did a tour de force on the history of abortion law that just made it abundantly clear how absurd the idea is that abortion is a fundamental right, rooted in American history and Constitution, in any sense,” said Carrie Severino, the president of the conservative Judicial Crisis Network. “It’s so heartening to know that we finally have a majority of justices on the Supreme Court who recognize the legitimate way to interpret the Constitution.”
Politico published the draft opinion Monday night in a stunning breach of the norms of secrecy that surround the Supreme Court’s inner workings. Assuming the court was following its typical protocols, the justices would have privately taken a vote on their views on the abortion case in question — a lawsuit, known as Dobbs v. Jackson Women’s Health Organization challenging Mississippi’s 15-week ban — after its December oral arguments. Then a justice in the majority would have been assigned to take an initial stab at an opinion.
Until a formal opinion is released — likely in June — it will remain unknown how many more edits and changes to Alito’s reasoning will have been made to shore up a majority, or even if a majority will remain behind overruling Roe.
But longtime leaders of the anti-abortion movement gave full-throated approval of where Alito apparently wanted to take the court.
“If the draft opinion made public tonight is the final opinion of the court, we wholeheartedly applaud the decision,” Marjorie Dannenfelser — the president of Susan B. Anthony List, which supports anti-abortion politicians — said in a statement Monday.
“If this is the opinion of the Court, it will be one of the greatest opinions in Supreme Court history,” Republican Missouri Sen. Josh Hawley tweeted.
The 98-page document, which included 30 page appendix of 19th-century state abortion laws, was “compelling,” according to prominent anti-abortion lawyer Jim Bopp, and “seems to have hit every possible issue.”
“There are various parts that will … appeal to certain justices or people,” Bopp, who has served as the National Right to Life Committee’s chief lawyer since 1978, told CNN.
Alito called the Supreme Court’s 1973 holding in Roe — which, coupled with a 1992 decision affirming it, protects abortion rights nationwide up into fetal viability — ” egregiously wrong from the start,” of “exceptionally weak” reasoning and a decision that has “had damaging consequences.”
That biting language against Roe comes after Chief Justice John Roberts had floated, during December oral arguments, a compromise route that upheld the Mississippi law while somehow avoiding reversing Roe outright. (Lawyers for both sides in the case rejected the idea that the court could rule in Mississippi’s favor without dismantling Roe.)
“Roberts at oral argument at least was … open to the idea of a middle ground. And Justice Alito’s draft definitely draws a line short of that,” said Adam White, a Roe critic and legal scholar at the conservative think tank the American Enterprise Institute.
Impact of Donald Trump
That Roberts no longer holds the sway he did when he was, for a brief period the court’s median justice is a product of Republicans’ unrelenting focus on the judiciary. Social conservatives were willing to put former President Donald Trump in the White House because, in part, of promises he made about America’s highest court, which included a vow to choose Supreme Court nominees who would overrule Roe “automatically,” from a list of pre-selected candidates.
“He made pledges regarding judges that other Republican presidential nominees didn’t make,” said Michael New, a research associate at the Catholic University of America.
Trump’s first appointee, Justice Neil Gorsuch, replaced the late Justice Antonin Scalia, a fervent Roe critic whose vacancy had been held open by Senate Republicans in a risky 2016 gamble to block then-President Barack Obama’s nomination of Judge Merrick Garland.
Trump’s second Supreme Court choice, Justice Brett Kavanaugh, replaced Justice Anthony Kennedy, who had sided with liberals in some abortion cases. Conservative activists remained unified behind Kavanaugh in the face of sexual assault allegations (which the justice vehemently denied). The confirmation of Justice Amy Coney Barrett to replace the late liberal Justice Ruth Bader Ginsburg weeks before the 2020 election meant that a decision to overrule Roe would no longer rely on the support of Roberts, who’s shown increasing wariness of dramatic actions that could undermine public confidence in the court.
But the moment the Supreme Court appears to be on the cusp of traces its roots farther back than just the 2016 election. Disappointments with the votes of Republican appointees in the 1992 Planned Parenthood v. Casey ruling and other key abortion decisions, shaped a keen eye for hints that potential justices would adhere to a judicial philosophy that would lead them to a reversal of Roe.
“When President Reagan was president, and it was time for judicial nominations, he did not have a strong bench of conservative jurists to draw from,” New said. “That’s changed a lot in the past 30 to 40 years. … The investments we’ve made in developing a farm team of conservative judges, I think, has paid off.”
Still, those past disappointments have social conservatives on edge for yet another surprise decision that comes short of their hopes. Besides the risk of a waffling justice depriving Alito’s Roe reversal position of the five votes he needs, the final opinion will be scrutinized for what changes were made to keep the majority in tact.
The conservative legal push was aimed not just at overturning Roe, but also at embracing of originalist approach that focused on the words of the Constitution and what they meant when the language was adopted.
“There’s a lot of specific criticism of the Roe precedent, the way Roe was originally decided, the quality of the court’s reasoning, the quality of the court’s original sort of historical analysis,” White said of Alito’s draft. “But what you see, when you take an extra step back, is this is a pretty comprehensive originalist argument, in terms of beginning with the text.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/politics/cnn-us-politics/2022/05/03/alitos-draft-opinion-to-reverse-roe-is-everything-the-anti-abortion-movement-has-worked-for/ | 2022-05-03T22:55:19Z |
LEHI, Utah, June 9, 2022 /PRNewswire/ -- PCF Insurance Services (PCF), a top 20 U.S. insurance brokerage firm, announced today the completion of a strategic partnership with Mike Haffar Insurance Services Inc., located in West Covina, California.
Founded in 2008, Mike Haffar serves as an insurance and risk advisor for physicians, medical clinics, medical groups, surgery centers, and hospitals. The agency specializes in malpractice, general liability, property, workers' compensation, management liability, professional liability, employment practices liability, earthquake, and group health benefits.
"Mike Haffar Insurance Services is at the top of its field," says Peter C. Foy, Chairman, Founder and CEO of PCF Insurance. "Mike is well-versed in cutting-edge methodologies and strategies and therefore is intrinsically tied to the supportive, team-oriented culture that drives PCF Insurance."
PCF Insurance Agency Partners are deep-rooted, trusted advisors for their clients and the PCF business model supports and expands on the agency's continued success. As part of PCF Insurance's benefits operations strategy, there is a renewed focus on its medical vertical, and the partnership with Mike Haffar Insurance Services strengthens and expands the capabilities and service offerings across the PCF Agency Partner network.
"We're bringing 20 years of health care and risk expertise to the partnership," said Mike Haffar, principal of Mike Haffar Insurance Services. "We look forward to sharing that knowledge as well as benefiting from access to an ever-expanding network of industry-leading talent, skills, and resources that drive value for all of our clients."
About Mike Haffar Insurance Services Inc.
With more than 20 years of experience in the health care industry, Mike Haffar Insurance Services Inc. works to enhance the strength and security of health care professionals and institutions by providing high-quality, affordable insurance products, customer service, and other related services and support.
About PCF Insurance Services
Headquartered in Lehi, Utah, PCF Insurance Services is a leading full-service consultant and insurance brokerage firm offering a broad array of commercial, life and health, employee benefits, and workers' compensation solutions. A top 20 U.S. broker, PCF's agency-centric operating model and entrepreneurial environment support its tremendous growth profile, offering partners alignment through equity ownership, significant leadership incentives, and resources to over 2,000 employees throughout the U.S. Learn more at pcfins.com.
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SOURCE PCF Insurance Services | https://www.wibw.com/prnewswire/2022/06/09/pcf-insurance-acquires-medical-insurance-specialist-mike-haffar-insurance-services-inc/ | 2022-06-09T16:46:47Z |
ZURICH (AP) — Electronic Arts will stop making its hugely successful FIFA video game in its current name, marking a split in one of soccer’s most successful and lucrative partnerships after the sides failed to strike a new licensing deal.
Instead, the California company said Tuesday that EA Sports FC will be introduced from 2023 after it creates the final game in partnership with FIFA later this year.
Licensing rights for the game earn FIFA about $150 million annually — the single biggest commercial earner in its expected $7 billion total revenue from 2019-2022 — though FIFA struck a defiant tone in a statement published hours after the announcement of losing that income.
FIFA promised a “number of new non-simulation games (that) are already under production” and will launch ahead of the 2022 World Cup that kicks off in Qatar in November.
FIFA said it plans to create a “new gaming model” and cited the recent launch of its streaming service FIFA+.
“I can assure you that the only authentic, real game that has the FIFA name will be the best one available for gamers and football fans,” FIFA president Gianni Infantino said in the statement.
EA has been producing a FIFA game for nearly 30 years and its fond association with tens of millions of gamers worldwide helped the Zurich-based organization’s brand when it was tarnished amid a wave of arrests of soccer officials in 2015.
For generations of young people, FIFA has means a video game rather than a sports institution.
Though EA Sports FC will be unable to include FIFA content including the World Cup, it retains licensing deals with prime soccer competitions including the English Premier League and the UEFA-organized Champions League.
The EA announcement showed the strength of those partnerships with warm comments from executives from the Premier League, UEFA and Spain’s La Liga while a coordinated release of tweetsposted by dozens of soccer clubs used the slogan “We’re In The Club” to align with the EA Sports FC brand.
“We’re thankful for our many years of great partnership with FIFA,” EA CEO Andrew Wilson said. “The future of global football is very bright, and fandom around the world has never been stronger.”
Wilson promised “even more innovative and authentic experiences to the growing football audience” while its soon-to-be rival FIFA spoke of creating ”new, interactive experiences to fans across the globe.”
“The interactive gaming and e-sports sector is on a path of unrivaled growth and diversification,” Infantino said. “FIFA’s strategy is to ensure we can make the most of all future options and ensure a wide range of products and opportunities for gamers, fans, member associations and partners.”
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More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://cw33.com/news/ap-top-headlines/ea-sports-and-fifa-end-partnership-both-eye-new-video-games/ | 2022-05-11T15:36:42Z |
FOSTER CITY, Calif. and SHANGHAI, June 4, 2022 /PRNewswire/ -- Everest Medicines (HKEX 1952.HK) announces today that its licensing partner, Gilead Sciences, Inc. (Nasdaq: GILD), reported positive results from the primary analysis of the Phase 3 TROPiCS-02 study of Trodelvy® (sacituzumab govitecan) versus physicians' choice of chemotherapy (TPC) in heavily pre-treated HR+/HER2- metastatic breast cancer patients who received prior endocrine therapy, CDK4/6 inhibitors and two to four lines of chemotherapy.
The study met its primary endpoint of progression-free survival (PFS) with a statistically significant and clinically meaningful 34% reduction in the risk of disease progression or death (median PFS 5.5 vs. 4 months; HR: 0.66; 95% CI: 0.53-0.83; P<0.0003). The first interim analysis of the key secondary endpoint of overall survival (OS) demonstrated a trend in improvement. These data are immature, and patients will be followed for subsequent OS analysis. These findings will be featured in an oral session (Abstract #LBA1001) during the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting.
The study demonstrated that at the one-year mark, three times as many patients were progression-free when treated with Trodelvy compared to those who received TPC (21% versus 7%). Improvements in PFS with Trodelvy were also consistent across key patient subgroups, including patients who had previously received three or more chemotherapy regimens for metastatic disease (HR: 0.70; CI: 0.52-0.95), patients with visceral metastases (HR: 0.66; CI: 0.53-0.83), and the elderly (≥65 years of age; HR: 0.59; CI: 0.38-0.93).
"For patients with HR+/HER2- metastatic breast cancer, resistance to endocrine therapy is inevitable in almost all cases. The standard of care is then limited to sequential single agent chemotherapy, with declining response rates, disease control and quality of life," said Dr. Hope Rugo, Professor of Medicine and Director, Breast Oncology and Clinical Trials Education at the University of California San Francisco Comprehensive Cancer Center, U.S. "In TROPiCS-02, we enrolled heavily pre-treated patients with metastatic breast cancer who had disease progression following multiple lines of chemotherapy. To observe a clinically meaningful reduction in the risk of disease progression or death in these patients with limited treatment options is remarkable. Sacituzumab govitecan will be an important potential future treatment option for these patients."
The safety profile for Trodelvy was consistent with prior studies, with no new safety concerns identified in this patient population. The most frequent Grade ≥3 treatment-related adverse reactions for Trodelvy compared to TPC were neutropenia (51% versus 38%), diarrhea (9% versus 1%), leukopenia (9% versus 5%), anemia (6% versus 3%), fatigue (6% versus 2%) and febrile neutropenia (5% versus 4%).
Everest Medicines is conducting a Phase 3 registrational Asian study EVER-132-002 evaluating Trodelvy versus physicians' choice of chemotherapy in people with HR+/HER2− metastatic breast cancer, which is enrolling patients in China mainland, Taiwan and South Korea.
"Data from our partner's Phase 3 TROPiCS-02 Study further demonstrate Trodelvy's potential to benefit a larger portion of breast cancer patients," said Yang Shi, Chief Medical Officer for Oncology/Immunology at Everest Medicines. "We look forward to the results from our Asia clinical study."
The TROPiCS-02 study is a global, multicenter, open-label, Phase 3 study, randomized 1:1 to evaluate Trodelvy versus physician's choice of chemotherapy (eribulin, capecitabine, gemcitabine, or vinorelbine) in 543 patients with HR+/HER2- metastatic breast cancer who were previously treated with endocrine therapy, CDK4/6 inhibitors and two to four lines of chemotherapy. The primary endpoint is progression-free survival per Response Evaluation Criteria in Solid Tumors (RECIST 1.1) as assessed by blinded independent central review for participants treated with Trodelvy compared to those treated with chemotherapy. Secondary endpoints include overall survival, duration of response, clinical benefit rate and overall response rate as well as assessment of safety and tolerability and quality of life measures. In the study, HER2 negativity was defined per American Society of Clinical Oncology (ASCO) and the College of American Pathologists (CAP) criteria as immunohistochemistry (IHC) score of 0, IHC 1+ or IHC 2+ with a negative in-situ hybridization (ISH) test. More information about TROPiCS-02 is available at https://clinicaltrials.gov/ct2/show/NCT03901339.
Hormone receptor-positive/human epidermal growth factor receptor 2-negative (HR+/HER2-) breast cancer is the most common type of breast cancer and accounts for approximately 70% of all new cases, or nearly 400,000 diagnoses worldwide each year. Almost one in three cases of early-stage breast cancer eventually become metastatic, and among patients with HR+/HER2- metastatic disease, the five-year relative survival rate is 30%. As patients with HR+/HER2- metastatic breast cancer become resistant to endocrine-based therapy, their primary treatment option is limited to single-agent chemotherapy. For patients treated with single-agent chemotherapy, the prognosis is poor.
Trodelvy® (sacituzumab govitecan-hziy) is a first-in-class Trop-2 directed antibody-drug conjugate. Trop-2 is a cell surface antigen highly expressed in multiple tumor types, including in more than 90% of breast and bladder cancers. Trodelvy is intentionally designed with a proprietary hydrolyzable linker attached to SN-38, a topoisomerase I inhibitor payload. This unique combination delivers potent activity to both Trop-2 expressing cells and the microenvironment.
Trodelvy is approved in more than 35 countries, with multiple additional regulatory reviews underway worldwide, for the treatment of adult patients with unresectable locally advanced or metastatic triple-negative breast cancer (TNBC) who have received two or more prior systemic therapies, at least one of them for metastatic disease. Trodelvy is also approved in the U.S. under the accelerated approval pathway for the treatment of adult patients with locally advanced or metastatic urothelial cancer (UC) who have previously received a platinum-containing chemotherapy and either programmed death receptor-1 (PD-1) or programmed death-ligand 1 (PD-L1) inhibitor.
Trodelvy is also being developed for potential investigational use in other TNBC and metastatic UC populations, as well as a range of tumor types where Trop-2 is highly expressed, including hormone receptor-positive/human epidermal growth factor receptor 2-negative (HR+/HER2-) metastatic breast cancer, metastatic non-small cell lung cancer (NSCLC), metastatic small cell lung cancer (SCLC), head and neck cancer, and endometrial cancer.
Under a licensing agreement with Gilead Sciences, Inc., Everest Medicines has exclusive rights to develop, register, and commercialize Trodelvy for all cancer indications in Greater China, South Korea, and certain Southeast Asian countries.
The TRODELVY trademark is used under license from Gilead Sciences, Inc.
Everest Medicines is a biopharmaceutical company focused on developing and commercializing transformative pharmaceutical products that address critical unmet medical needs for patients in Asian markets. The management team of Everest Medicines has deep expertise and an extensive track record of high-quality clinical development, regulatory affairs, CMC, business development and operations both in China and with leading global pharmaceutical companies. Everest Medicines has built a portfolio of eleven potentially global first-in-class or best-in-class molecules, many of which are in late-stage clinical development. The Company's therapeutic areas of interest include oncology, autoimmune disorders, cardio-renal diseases and infectious diseases. For more information, please visit its website at www.everestmedicines.com.
This news release may make statements that constitute forward-looking statements, including descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the business operations and financial condition of the Company, which can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "confident" and similar statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, or other factors, some of which are beyond the control of the Company and are unforeseeable. Therefore, the actual results may differ from those in the forward-looking statements as a result of various factors and assumptions, such as future changes and developments in our business, competitive environment, political, economic, legal and social conditions. The Company or any of its affiliates, directors, officers, advisors or representatives has no obligation and does not undertake to revise forward-looking statements to reflect new information, future events or circumstances after the date of this news release, except as required by law.
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SOURCE Everest Medicines | https://www.mysuncoast.com/prnewswire/2022/06/04/everest-medicines-licensing-partner-gilead-sciences-announces-positive-results-phase-3-tropics-02-study-trodelvy-heavily-pre-treated-hrher2-metastatic-breast-cancer-patients/ | 2022-06-04T13:25:50Z |
World’s largest moth found in US for first time, officials say
BELLVUE, Wash. (KPTV/Gray News) - Officials in Washington state are urging the public to keep an eye out for moths following the discovery of one of the largest moths in the world earlier this year.
KPTV reports a University of Washington professor found the moth, later identified as an Atlas moth, outside his garage in Bellevue on July 7.
Officials said that an Atlas moth’s wingspan could reach about 10 inches, making it the biggest known moth in the world.
According to the Washington State Department of Agriculture, entomologists believe it to be the first official finding of the pest in the U.S.
“These are the kinds of insects that people bring their phones out and take pictures of, even if they aren’t looking for bugs,” said Sven Spichiger, managing entomologist at the department. “These are normally a tropical moth. We are not sure it could survive here.”
According to the U.S. Department of Agriculture, the Atlas moth is a federally quarantined pest. Without permission from the USDA, collecting, housing or selling the moth is prohibited.
“The USDA is gathering available scientific and technical information about the moth and will provide response recommendations,” Spichiger said. “In the meantime, we hope residents will help us learn if this was a one-off escapee or if there is a population in the area.”
Officials said the moth does not represent a hazard to the public’s health.
The department urges anyone who spots an Atlas moth in Washington to send a photo to pestprogram@agr.wa.gov and include a location.
Copyright 2022 KPTV via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/18/worlds-largest-moth-found-us-first-time-officials-say/ | 2022-08-18T04:47:41Z |
Men’s use of diabetes drug linked to raised risk of birth defects, study says
(CNN) - Men who take a popular diabetes drug are 40% more likely to conceive a child with birth defects, according to a study.
The study was published Monday in the journal Annals of Internal Medicine.
It showed that men who used metformin in the three-month period before they conceived a child had a 40% higher risk of birth defects in their offspring.
The research followed more than 1 million births between 1997 and 2016, comparing the risk of major birth defects in babies based on paternal exposures to diabetes medications.
The study observed only children who were born to women younger than 35 and men younger than 40, and babies born to women with diabetes were excluded.
The researchers considered men exposed to metformin if they filled a prescription for it in the three months before conception, which is how long it takes the fertilizing sperm to fully mature.
Researchers said more studies are needed to determine if men taking metformin should make any considerations.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/03/30/mens-use-diabetes-drug-linked-raised-risk-birth-defects-study-says/ | 2022-04-01T02:27:32Z |
SEATTLE, July 14, 2022 /PRNewswire/ -- Quark Expeditions, the global Leader in Polar Adventures, has announced a new photography-themed voyage in Spitsbergen for the Arctic 2023 sailing season, positioning it as "a dream trip for photographers."
Beginner and advanced photographers can explore Spitsbergen in the Norwegian Arctic and hone their photography skills at the same time on the 11-day Spitsbergen Photography: Under the Midnight Sun voyage, which Quark Expeditions is offering in July 2023.
Inspiring guests through snow-topped mountains, massive glaciers, deep-walled fjords and tundra of Spitsbergen will be award-winning photographer, filmmaker and lecturer Chris Linder. "July is a magical time to visit Svalbard, when the light-filled summer days fuel a brief but intense explosion of life from tiny tundra flowers to polar bears, walruses, and whales," says Chris, who has photographed more than 50 scientific expeditions after transitioning from naval officer and oceanographic researcher to visual storyteller. "The diversity of subject matter and enchanting low-angle light make this expedition a photographer's dream."
Guests will enjoy this photography-themed journey aboard the 128-passenger Ocean Adventurer, a past winner of the Travel Weekly Magellan Silver Award for Best Overall Small Cruise Ship.
"We're so proud to have created this unique itinerary specifically geared to Arctic photographers," says Thomas Lennartz, Vice-President of Sales for Quark Expeditions. "The impetus for this itinerary came from our guests who've expressed a desire to perfect their photography skills in Spitsbergen, which is known as the Wildlife Capital of the Arctic. We're also pleased that our guests can learn from an award-winning photographer like Chris Linder who has many years in the Arctic."
In addition to learning amazing photography skills from an award-winning professional, guests can also look forward to:
- Presentations from polar experts including marine biologists
- Zodiac cruising and shore landings
- The Polar Plunge
- Kayaking
Learn more about Spitsbergen Photography: Under the Midnight Sun.
For images please visit:
https://www.dropbox.com/sh/e2nnqfkmld249q0/AABedCq3IKSFfqzi4AMbHJzia?d
l=0
About Quark Expeditions:
Specializing exclusively in expeditions to Antarctica and the Arctic, Quark Expeditions® has been the leading innovator of polar adventure since the company took the first group of consumer travelers to the North Pole in 1991. Quark Expeditions has been innovating ever since. With a diverse fleet of specially-equipped small expedition vessels and icebreakers—some of them equipped with helicopters—Quark Expeditions delivers deeply immersive polar experiences—and is able to take guests deeper into the Polar Regions than anyone else. Led by passionate and seasoned expedition teams, including scientists, wildlife experts and researchers, Quark Expeditions offers an onboard program that enriches the passenger experience.
About Ultramarine:
The technologically-advanced Ultramarine, the newest addition to the Quark Expeditions fleet, is a game-changer in polar exploration. Equipped with two twin-engine Airbus 145 helicopters, 20 quick-launching Zodiacs and the largest portfolio of off-ship adventure options in the industry, Ultramarine changes the way guests explore the Polar Regions. Other features include a spa, sauna with floor-to-ceiling windows, fitness centre, yoga space, spacious rooms and two restaurants plus a lounge and presentation theatre. Ultramarine has been designed with advanced sustainability systems that help us preserve the pristine Polar Regions for the next generation of explorers.
About Travelopia:
Travelopia is one of the world's leading specialist travel groups. A pioneer in the experiential travel sector with a portfolio consisting of more than 50 independently operated brands, most of which are leaders in their sector. From sailing adventures, safaris and sports tours, to Arctic expeditions, each brand is diverse and focused on creating unforgettable experiences for customers across the world.
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SOURCE Quark Expeditions | https://www.mysuncoast.com/prnewswire/2022/07/14/quark-expeditions-announces-new-spitsbergen-photography-voyage-featuring-award-winning-photographer-chris-linder/ | 2022-07-14T19:32:02Z |
Acquisition is a key step in AHF Products' growth strategy & expands U.S. manufacturing footprint to 10 facilities stateside
MOUNTVILLE, Pa., July 13, 2022 /PRNewswire/ -- AHF Products announced today that it has received bankruptcy court approval to purchase certain assets of Armstrong Flooring, Inc., strengthening AHF Products' leadership position in resilient flooring solutions and adding another gear to its expanding commercial market business. The purchase includes the purchase and operation of three U.S. manufacturing facilities, in Lancaster and Beech Creek, PA and in Kankakee, IL.
"Our investments in new brands, products and capabilities, both organically and through acquisitions, has fueled our growth. Our strategic acquisitions have been a key driver in expanding both our reach and product offering to provide our customers with industry-leading commercial and residential products, including hardwood, resilient and laminate. That is, and will continue to be, our strategy moving forward," said Brian Carson, President and CEO, AHF Products. "Our ongoing commitment is to create products that bring more value to our customers, across categories."
Since its inception, AHF Products has grown rapidly in both the residential and commercial flooring segments by innovating and broadening its product offerings through its world class brands, manufacturing capabilities and channels of distribution.
"Our stable of top brands allows us to bring our channel partners the right style, value, innovation and marketing to enable them to differentiate themselves and grow market share. We will continue to be a leader and a one-stop-shop for our customers," said Carson.
AHF Products continues to invest in U.S. manufacturing and this purchase expands AHF Products' domestic footprint, enhancing the company's customer base, production efficiencies and logistical capabilities. Ten U.S. facilities mean sustaining American manufacturing jobs and boosting local economies. Further, the company's domestic production capacity provides insulation from volatility around tariffs, duties and high shipping costs, which positions AHF Products to continue providing superior customer service given the dislocated global supply chain.
AHF Products is well situated to continue its remarkable growth trajectory through continued innovation and industry-leading customer service. Headquartered in Mountville, Pa., AHF Products is a leader in hardwood, vinyl plank, laminate and commercial products. After acquiring the Armstrong assets, the company will operate 11 manufacturing facilities – seven wood plants and three vinyl facilities in the U.S., and one engineered hardwood plant in Cambodia. Three domestic distribution facilities serve customers through a multi-channel strategy that includes dealers, home centers and distributors.
The purchase is expected to be finalized in the third quarter of 2022 and is subject to customary closing conditions.
AHF Products is a leading hardwood flooring manufacturer in the USA with a family of trusted brands serving the residential and commercial hardwood and vinyl flooring markets. With decades of experience in award-winning wood flooring design, product development, manufacturing and service, we create quality flooring to last for generations through inspiring designs, product innovation and a deep commitment to outstanding customer service. Our residential flooring brands include Bruce®, Hartco®, Robbins®, LM Flooring®, Capella®, HomerWood®, Hearthwood®, Raintree®, Autograph™, Emily Morrow Home™ and tmbr®. Our commercial brands include Bruce Contract™, Hartco Contract™, AHF Contract™ and Parterre®. Headquartered in Mountville, Pennsylvania, with manufacturing operations across the United States and in Cambodia, AHF Products employs over 2,600 dedicated team members. www.AHFProducts.com
Armstrong® is a trademark of Armstrong World Industries, Inc. All other marks are owned by AHF, LLC, its affiliates, or subsidiaries. All rights reserved.
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SOURCE AHF Products | https://www.wibw.com/prnewswire/2022/07/13/ahf-products-purchase-certain-assets-armstrong-flooring-including-certain-us-manufacturing-facilities/ | 2022-07-13T12:31:13Z |
CLEVELAND, May 13, 2022 /PRNewswire/ -- Parker-Hannifin Corporation ("Parker") is announcing today that it is notifying individuals whose information was involved in a data security incident that occurred on March 14, 2022.
Upon learning of this incident, Parker's IT team immediately activated its incident response protocols, which included shutting down certain systems. Parker then launched an investigation with the assistance of a forensic investigation firm and other third-party cyber security and incident response professionals. Parker also notified and is working with law enforcement authorities.
Through the investigation, Parker determined that an unauthorized third party gained access to Parker's IT systems between the dates of March 11, 2022 and March 14, 2022. The investigation further determined that the unauthorized party accessed and may have acquired certain files on Parker's IT systems.
As part of the investigation, Parker reviewed these files and determined that they may have included information related to current and former employees, their dependents, and members of Parker's Group Health Plans (including health plans sponsored by an entity acquired by Parker). This information may have included individuals' names in combination with one or more of the following: Social Security numbers, dates of birth, addresses, driver's license numbers, U.S. passport numbers, financial account information (bank account and routing numbers), online account usernames / passwords, enrollment information, including health insurance plan member ID numbers, and dates of coverage. For a very small number of these individuals, the files also included dates of coverage, dates of service, provider names, claims information, and medical and clinical treatment information.
On May 12, 2022, Parker began mailing letters to individuals whose information may have been involved in the incident. In an abundance of caution, Parker has arranged for all notified individuals to receive a complimentary two-year membership in Experian's® IdentityWorksSM. This product helps detect possible misuse of an individual's information and provides identity protection support focused on immediate identification and resolution of identity theft.
In addition, Parker posted notice of this incident on its website, www.parker.com, and also established a dedicated, toll-free call center to answer questions that individuals may have. If you believe your information was involved and have any questions about this incident, please call 855-482-1582, Monday through Friday, between 9:00 a.m. – 6:30 p.m., Eastern Time.
Safeguarding the information held within the company's systems is critically important to Parker, and the company is continuing to take steps to help safeguard its systems and data against the rapidly evolving threats to company information. Parker regrets any inconvenience or concern this incident may cause.
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SOURCE Parker-Hannifin Corporation | https://www.wibw.com/prnewswire/2022/05/14/parker-hannifin-corporation-provides-notice-data-security-incident/ | 2022-05-14T01:05:21Z |
FRANKFURT, Germany (AP) — The European Central Bank raised interest rates Thursday for the first time in 11 years by a larger-than-expected amount, joining steps already taken by the U.S. Federal Reserve and other major central banks to target stubbornly high inflation.
The move raises new questions about whether the rush to make credit more expensive will plunge major economies into recession at the cost of easing prices for people spending more on food, fuel and everything in between.
The ECB’s surprise hike of half a percentage point for the 19 countries using the euro currency is expected to be followed by another increase in September, possibly of another half a point. Bank President Christine Lagarde had indicated a quarter-point hike last month.
She said Thursday that the bigger hike was unanimous as “inflation continues to be undesirably high and is expected to remain above our target for some time.” As the bank leaves an era of negative interest rates, Lagarde said the forecasts don’t point to a recession this year or next but she acknowledged the uncertainty ahead.
“Economic activity is slowing. Russia’s unjustified aggression towards Ukraine is an ongoing drag on growth,” the ECB chief said at a news conference. Higher inflation, supply constraints and uncertainty “are significantly clouding the outlook for the second half of 2022 and beyond.”
The ECB is coming late to the party in its rate liftoff — a token of inflation that turned out to be higher and more stubborn than first expected and of the shakier state of an economy heavily exposed to the war in Ukraine and a dependence on Russian oil and natural gas. Recession predictions have increased for later this year and next year as soaring bills for electricity, fuel and gas deal a blow to businesses and people’s spending power.
“The economic outlook is worsening by the day,” said Carsten Brzeski, chief eurozone economist at ING bank. “At the same time, headline inflation is still increasing. … In hindsight, the very gradual and cautious normalization process the ECB started at the end of last year has simply been too slow and too late.”
Recession concerns have helped push the euro to a 20-year low against the dollar, which adds to the ECB’s inflation fighting task by worsening already high energy prices. That is because oil is priced in dollars.
Raising rates is seen as the standard cure for excessive inflation, now running at 8.6% in the eurozone in June and largely driven by soaring energy prices. The bank’s benchmarks affect how much it costs banks to borrow — and so help determine what they charge to lend.
But by making credit harder to get, rate increases can slow economic growth, a major conundrum for the ECB as well as for the Federal Reserve. The Fed raised rates by an outsized three-quarters of a point in June and could do so again at its next meeting. The Bank of England started the march higher in December, and even Switzerland’s central bank surprised with its first increase in nearly 15 years last month.
The goal for all central banks is to get inflation back down to acceptable levels — for the ECB, it’s 2% annually — without tipping the economy into recession. It’s difficult to get right as central banks reverse what has been a decade of very low rates and inflation.
“The most precious good that we can deliver and that we have to deliver is price stability. So we have to bring inflation down to 2% in the medium term. That is the imperative,” Lagarde said. “And it’s time to deliver.”
Yet the European economy has the added worry of a potential cutoff of Russian natural gas that is used to generate electricity, heat homes and fuel energy-intensive industries such as steel, glassmaking and agriculture. Even without a total cutoff, Russia has steadily dialed back gas flows, leading EU leaders to accuse the Kremlin of using gas to pressure countries over sanctions and support for Ukraine.
Those recession worries lead analysts to think that the path of ECB rate increases may have an upper limit after expected hikes in September and through the end of the year.
Rising interest rates follow the end of the bank’s 1.7 trillion euro ($1.7 trillion) stimulus program that helped keep longer-term borrowing costs low for government and companies as they weathered the pandemic recession.
Those bond-market borrowing rates are now rising again, especially for more indebted eurozone countries such as Italy. Premier Mario Draghi’s resignation has brought back bad memories of Europe’s debt crisis a decade ago. There are fears that the former ECB president, who has pushed policies meant to keep debt manageable and boost growth in Europe’s third-largest economy, won’t be around to help stop the eurozone from plunging again into crisis.
Lagarde said the bank approved a new financial backstop that would combat unjustified government borrowing rates fed by market speculation and “safeguard the smooth transmission of our monetary policy stance throughout the euro area.” That, however, would likely not cover higher borrowing costs that result from unwise government decisions.
The hassle is unique to the ECB because it oversees 19 countries that are in different financial shape but use one currency.
The bank’s lowest rate, the deposit rate on money left overnight by banks, was raised from minus 0.5% to zero. | https://cw33.com/business/ap-business/europes-central-bank-to-join-global-push-for-higher-rates/ | 2022-07-21T14:22:34Z |
PITTSBURGH, June 20, 2022 /PRNewswire/ -- "I wanted to create a protective barrier between a fisherman's thumb and palm and sharp hooks, fish teeth and spines," said an inventor, from Bakersfield, Calif., "so I invented CHANCE'S THUMB GUARD. My design could help to prevent injuries to the thumb and hand while fishing."
The invention protects the angler's thumb when removing a catch from his line. In doing so, it prevents the thumb from being jabbed by a hook or bitten by a fish. As a result, it enhances safety and it helps to reduce pain and discomfort. The invention features a lightweight and flexible design that is easy to wear and use so it is ideal for fishing enthusiasts. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the Fresno sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-FMB-911, 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/2022/06/20/inventhelp-inventor-develops-protective-accessory-fishermen-fmb-911/ | 2022-06-20T17:41:18Z |
Police: Drug dealer arrested with enough fentanyl to kill 625K people
ASHEVILLE, N.C. (Gray News) - Police in North Carolina said a tip helped lead them to their biggest drug bust in Buncombe County’s history.
The Asheville Police Department reported it arrested Jonathan Maurice Logan, Jr., 33, on Thursday and seized 2.76 pounds of suspected fentanyl.
Authorities said that amount of fentanyl equates to more than 625,000 lethal doses of the highly potent drug.
Officers also took nearly 400 grams of methamphetamine and almost $11,000 in Logan’s arrest.
“After receiving information about Logan’s involvement in drug sales in Asheville, including tips from the Tip411 app, our officers were able to use that information to make the arrest,” said Asheville Police Department Chief David Zack. “This is a significant drug arrest which removes a large amount of this deadly drug from our streets, much in thanks to the support we receive from the community sharing your tips.”
In addition to the drugs and cash seized, APD officers also recovered a brick press, vacuum sealer and blender.
The police department said one kilogram of fentanyl potentially could kill 500,000 people, according to the DEA, and Thursday’s drug bust produced 1.25 kilograms of the suspected drug.
Logan faces several charges in the arrest that include possession with intent to sell or deliver fentanyl and methamphetamine and tracking in opium or heroin by possession.
The 33-year-old was booked into the Buncombe County Detention Center on a $500,000 bond.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/04/02/police-drug-dealer-arrested-with-enough-fentanyl-kill-625k-people/ | 2022-04-02T22:02:27Z |
Emporia State football player passes away in cliff diving accident
EMPORIA, Kan. (WIBW) - Emporia State University announced redshirt sophomore football player Brexten Green has died following a cliff diving accident at Grand Lake in Oklahoma on July 2.
“It’s a terrible day for Emporia State football and just a devastating loss for the Green family,” Emporia State football coach Garin Higgins said.
Green, an Oklahoma native, was getting ready for his second season at Emporia State. In 2020, he was named District A-3 Player of the Year as a senior after gaining 1,720 receiving yards and helped the Cashion Wildcats win a Class A State Championship.
“Our thoughts and prayers go out to his parents Brett and LaMae and the entire family,” Higgins said.
Funeral arrangements will be announced at a later date. Starting Tuesday, July 5, students or staff can seek support through Counseling Services from 11:00-2:00pm by walking in or calling at 620-341-5222.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/03/emporia-state-football-player-passes-away-cliff-diving-accident/ | 2022-07-03T23:35:13Z |
VANCOUVER, BC, May 12, 2022 /PRNewswire/ - Avcorp Industries Inc. (TSX: AVP) (the "Company", "Avcorp" or the "Avcorp Group") today announced its financial results for the quarter ended March 31, 2022. All amounts are in Canadian currency unless otherwise stated.
- First quarter 2022 revenue was $27,858,000 compared to $23,933,000 in 2021. 2022 revenue increased by $3,925,000 in comparison to 2021, mainly contributed by the continued growth in the F35 program in the Delta Facility.
- First quarter 2022 net loss was $1,198,000 compared to net income of $17,390,000 in 2021. The net income in 2021 was supported by the accommodation agreement settlement of $21,391,000.
- First quarter 2022 cash inflows from operating activities were $3,172,000 compared to inflows of $1,603,000 in 2021. The first quarter of 2021 cash flows from operating activities were supported by the receipt of Canada Emergency Wage Subsidies of $3,127,000.
- On April 1, 2022, the Company signed a contract with BLR Aerospace to produce King Air 200 Wingtips with estimated first delivery by the second quarter of 2022.
- On April 12, 2022, the Company signed a contract extension to 2027 with Boeing to provide the detail parts, bench top assemblies and metal bonded assemblies for the Boeing 737 and 777 aircrafts.
- On May 4, 2022, the Company entered into a definitive arrangement agreement with Latécoère S.A. (the "Purchaser") to purchase all the issued and outstanding common shares of Avcorp for cash consideration of $0.11 per share and repay or assume Avcorp's net debt and other lease liabilities. The Arrangement implies a total transaction value of approximately $139 million for the Company.
For the quarter ended March 31, 2022, the Avcorp Group recorded an operating loss of $276,000 from $27,858,000 of revenue, as compared to an operating income of $18,274,000 from $23,933,000 of revenue from the same quarter in previous year. The first quarter of 2022 operating income decreased in comparison to 2021 by $18,550,000 mainly due to the inclusion of the Accommodation Agreement settlement of $21,391,000 recognized in the first quarter of 2021, partially offset by the decrease in administrative and general expenses due to the recognition of stock-based compensation expense of $1,376,000 on the 17,350,000 incentive stock options granted in the first quarter of 2021.
During the quarter ended March 31, 2022, cash inflows from operating activities were $3,172,000 compared to an inflow of $1,603,000 in 2021. The increase was attributable to the stronger operational performance in the current quarter.
As at March 31, 2022, the Company had $4,946,000 cash on hand (December 31, 2021: $4,060,000) and had utilized $74,253,000 of its operating line of credit (December 31, 2021: $75,335,000). The bank indebtedness balance of the modification gain and related adjustments as a result of the execution of an amending agreement in 2021 was $768,000 as at March 31, 2022, (December 31, 2021 gain of $923,000). The Company has a working capital surplus of $6,748,000 as at March 31, 2022, compared with $7,613,000 surplus as at December 31, 2021. Working capital is defined as the difference between current assets and current liabilities. On March 31, 2022, the ratio of the Company's current assets to current liabilities was 1.17:1 (December 31, 2021: 1.18:1).
The Avcorp Group designs and builds major airframe structures for some of the world's leading aircraft companies, including BAE Systems, Boeing, Bombardier, Lockheed Martin, and Subaru Corporation. The Avcorp Group has more than 65 years of experience, over 490 skilled employees and 560,000 square feet of facilities. Avcorp Structures & Integration located in Delta British Columbia, Canada is dedicated to metallic and composite aerostructures assembly and integration; Avcorp Engineered Composites located in Burlington Ontario, Canada is dedicated to design and manufacture of composite aerostructures, and Avcorp Composite Fabrication located in Gardena California, USA has advanced composite aerostructures fabrication capabilities for composite aerostructures. The Avcorp Group offers integrated composite and metallic aircraft structures to aircraft manufacturers, a distinct advantage in the pursuit of contracts for new aircraft designs, which require lower-cost, light‑weight, strong, reliable structures. Comtek Advanced Structures Ltd., at our Burlington, Ontario, Canada location also provides aircraft operators with aircraft structural component repair services for commercial aircraft.
Avcorp Composite Fabrication Inc. is wholly owned by Avcorp US Holdings Inc. Both companies are incorporated in the State of Delaware, USA, and are wholly owned subsidiaries of Avcorp Industries Inc.
Comtek Advanced Structures Ltd., incorporated in the Province of Ontario, Canada, is a wholly owned subsidiary of Avcorp Industries Inc.
Avcorp Industries Inc. is a federally incorporated reporting company in Canada and traded on the Toronto Stock Exchange (TSX:AVP).
AMANDEEP KALER
CHIEF EXECUTIVE OFFICER
AVCORP GROUP
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
(unaudited, expressed in thousands of Canadian dollars)
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF INCOME (LOSS) AND COMPREHENSIVE INCOME (LOSS)
(unaudited, expressed in thousands of Canadian dollars, except number of shares and per share amounts)
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS
(unaudited, expressed in thousands of Canadian dollars)
CONDENSED INTERIM CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' DEFICIENCY
(unaudited, expressed in thousands of Canadian dollars, except number of shares)
Forward-Looking Statements Disclaimer
This release should be read in conjunction with the Company's management discussion and analysis ("MD&A") and audited financial statements contained in the Company's Annual Report and accompanying notes filed with Sedar (www.sedar.com).
This press release includes forward-looking statements, which may involve, but are not limited to: statements with respect to our business objectives, prospects, and guidance in respect of various financial and industry metrics, including, goals, strategies, capabilities, market position, competitive strengths, prospects, plans, expectations, anticipations, estimates and intentions; business and economic, industry trends; customer demand for products; order backlog mix; the regulatory environment and legal proceedings; strength of our balance sheet, creditworthiness, capital resources, anticipated financial requirements, productivity enhancements, operational efficiencies, cost reduction and the intended benefits and timing thereof; availability of government assistance programs, compliance with debt covenants; and the impact of the COVID-19 pandemic on the foregoing; expectations regarding gradual market and economic recovery in the aftermath of the COVID-19 pandemic.
Forward-looking statements can generally be identified by the use of forward-looking terminology such as "may", "will", "shall", "can", "expect", "estimate", "intend", "anticipate", "plan", "forecast", "foresee", "believe", "continue", "maintain" or "align", the negative of these terms, variations of them or similar terminology.
Forward-looking statements are presented for the purpose of assisting investors and others in understanding certain key elements of our current objectives, strategic priorities, expectations, outlook, and plans, and to obtain an understanding of our business and anticipated operating environment. Readers are cautioned that such information may not be appropriate for other purposes.
Forward-looking statements require management and the Board to make assumptions and are subject to and unknown risks and uncertainties, which may cause our actual results in future periods to differ materially from forecast results set forth in forward-looking statements and in this press release. While management and the Board consider these assumptions to be reasonable and appropriate based on information currently available, there is risk that they may not be accurate. The assumptions underlying the forward-looking statements made in this press release in relation to the five-year forecast include the following material assumptions: the award and fulfilment of customer contracts that the Company does not currently have in its backlog, the continuation of existing customer programs and anticipated labour costs associated with our operations for the periods covered in the forecast. Additional information, including with respect to other assumptions and risk factors underlying the forward-looking statements made in this press release, refer to the risk factors in both our MD&A, Annual Report and our Annual Information Form for the fiscal year ended December 31, 2021. Given the impact of the changing circumstances surrounding the COVID-19 pandemic, there is inherently more uncertainty associated with the Corporation's assumptions as compared to prior years.
Certain factors that could cause actual results to differ materially from those anticipated in the forward-looking statements include, but are not limited to, risks associated with overall global and domestic economic conditions, risks associated with our business environment (such as risks associated with the financial condition of our customers; increased competition from international and domestic suppliers; force majeure events), operational risks such as the award of new business; order backlog; the execution of customer orders; cash flows and capital expenditures based on cyclicality; productivity enhancements, operational efficiencies, cost reduction initiatives; product warranty; regulatory and legal proceedings; environmental, health and safety risks; dependence on certain customers, contracts and suppliers; supply chain risks; human resources; reliance on information systems; reliance on and protection of intellectual property rights; adequacy of insurance coverage), financing risks (such as risks related to liquidity and access to capital markets; substantial debt and interest payment requirements; debt covenants), market risks (such as foreign currency fluctuations; changing interest rates; increases in commodity prices; and inflation rate fluctuations). For more details, see the Risks outlined in our MD&A. The foregoing factors may be exacerbated by the ongoing COVID-19 outbreak and may have a significantly more severe impact on the Corporation's business, results of operations and financial condition than in the absence of such outbreak. As a result of the current COVID-19 pandemic, additional factors that could cause actual results to differ materially from those anticipated in the forward-looking statements include, but are not limited to: risks related to the impact and effects of the COVID-19 pandemic on economic conditions and financial markets and the resulting impact on our business, operations, capital resources, liquidity, financial condition, margins, prospects and results; uncertainty regarding the magnitude and length of economic disruption as a result of the COVID-19 outbreak and the resulting effects on the demand for our products and services; emergency measures and restrictions imposed by public health authorities or governments, fiscal and monetary policy responses by governments and financial institutions; disruptions to global supply chain, customers, workforce, counterparties and third-party service providers; further disruptions to operations, orders and deliveries; technology, privacy, cyber security and reputational risks; and other unforeseen adverse events.
The forward-looking statements present certain non-IFRS financial measures to assist readers in understanding the Company's forecasted performance. Non-IFRS financial measures are measures that either exclude or include amounts that are not excluded or included in the most directly comparable measures calculated and presented in accordance with Generally Accepted Accounting Principles ("GAAP").
The foregoing list of factors that may affect future results and performance is not exhaustive and undue reliance should not be placed on forward-looking statements. The forward-looking statements set forth herein reflect management's expectations as at the date of this press release and are subject to change after such date. Unless otherwise required by applicable securities laws, we expressly disclaim any intention, and assume no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this press release are expressly qualified by this cautionary statement.
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SOURCE Avcorp Industries Inc. | https://www.mysuncoast.com/prnewswire/2022/05/12/avcorp-announces-2022-first-quarter-financial-results/ | 2022-05-13T02:27:57Z |
Graphic video shows Phoenix police officer getting shot at gas station
PHOENIX (3TV/CBS 5/Gray News) - Police released body camera footage on Thursday afternoon of a shootout between officers and a suspect, which left a Phoenix police officer hospitalized.
The graphic video obtained by Arizona’s Family shows suspect Nicholas Cowan shooting Officer Denise Bruce-Jones and another officer before speeding away from the Phoenix gas station, investigators said.
Cowan’s girlfriend called 911 and said she was at a Marathon gas station on April 14 near Cave Creek and Beardsley roads. She told a dispatcher to send an ambulance and not the police in the call. She then said Cowan was acting “crazy” and hitting himself with a bat on his head, body, legs and arms. The woman then told the dispatcher he had a cord around his neck.
“I think if the cops show up there, it’s going to be ... I don’t think it’s going to go good,” the woman said on the 911 call. She then told the dispatcher Cowan had a gun.
In the body camera footage, Bruce-Jones and another officer were at the gas station talking to the woman. The woman told Bruce-Jones she saw Cowan’s Prius pull up to the gas station. “Oh my god, that’s him,” the woman said in the video.
Cowan’s Prius turned into the gas station and stopped a short distance away from Bruce-Jones and the woman standing near the gas station entrance, police said. Bruce-Jones attempted to tell Cowan to get out of the car, and then he started shooting at officers from inside his vehicle, according to police. Bruce-Jones was hit by the first gunshot and immediately fell to the ground. The other officer immediately ducked behind his patrol car and started returning fire. Several bullets were seen shattering the gas station’s windows.
More than 15 gunshots could be heard as Cowan and the other officer returned fire at each other, investigators said. Bruce-Jones could be seen lying on the ground. Cowan then drove off with the second officer shooting at his car. The second officer then went to Bruce-Jones to tend to her injuries.
On Monday, Cowan was released from the hospital and booked into jail on two counts of attempted first-degree murder, among other charges. But during the booking process, officials determined Cowan had to go back to the hospital to be monitored, police said. Cowan was then on the run for three days until he was found at a Scottsdale rental property and arrested on April 17.
Bruce-Jones was moved from the hospital to a rehab facility on Friday. She is a 24-year veteran of the Phoenix Police Department. Her spouse is also a Phoenix police officer.
Copyright 2022 Gray Media Group, Inc. via KTVK/KPHO. All rights reserved. | https://www.wibw.com/2022/04/29/graphic-video-shows-phoenix-police-officer-getting-shot-gas-station/ | 2022-04-29T03:22:50Z |
WASHINGTON, May 24, 2022 /PRNewswire/ -- Below is a statement by United States Conference of Mayors CEO and Executive Director Tom Cochran on today's shooting at Robb Elementary School in Uvalde, Texas:
"Just over a week ago 10 people were killed in a grocery store in Buffalo, New York; today 14 children and a teacher were killed in an elementary school in Uvalde, Texas. What will it be next week?
"The nation's mayors stand with Mayor Don McLaughlin at this difficult time. We send our condolences to the families of the children and the teacher who were killed. We cannot begin to understand their grief or that of the entire Uvalde community. We hope that those who were injured will recover and that the residents of Uvalde and all those affected by this tragedy will soon be able to begin the healing process.
"Mayors have tried to pass municipal ordinances to make their cities safer, but in many cases their efforts have been thwarted by their state legislature and their governor. Texas, like many states, has made it easier for residents to buy and carry guns. We call on Texas and all states to pass common sense gun legislation to protect their residents, especially our children.
"We've said it before and we'll say it again, this should not be happening in our country. What is it going to take for Congress to do something about it? How many young children – babies – must be murdered? Bipartisan gun safety legislation that could help to prevent such shootings was passed by the House of Representatives over a year ago and remains stalled in the Senate. The Senate must take up this legislation and pass it now."
About the United States Conference of Mayors -- The U.S. Conference of Mayors is the official nonpartisan organization of cities with populations of 30,000 or more. There are more than 1,400 such cities in the country today, and each city is represented in the Conference by its chief elected official, the mayor. Like us on Facebook or follow us on Twitter.
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SOURCE U.S. Conference of Mayors | https://www.wibw.com/prnewswire/2022/05/24/statement-by-us-conference-mayors-uvalde-shooting/ | 2022-05-25T08:04:21Z |
Smith’s single breaks up Padres’ no-hit bid in 7th inning
By DAVID BRANDT
AP Sports Writer
PHOENIX (AP) — Arizona’s Pavin Smith sliced a line-drive single to start the seventh inning, ending an opening day no-hit bid by the San Diego Padres. Yu Darvish threw the first six innings for San Diego without giving up a hit, but he was pulled before the seventh after throwing 92 pitches. Manager Bob Melvin’s decision wasn’t a surprise: Pitchers all around the game are on limited pitch counts following a shortened spring training. Left-hander Tim Hill relieved Darvish, matching up against the left-handed Smith to start the seventh, but the hitter responded with a clean single to left. The next batter, Carson Kelly, grounded into a double play. | https://localnews8.com/sports/ap-national-sports/2022/04/07/padres-darvish-has-no-hitter-through-6-vs-d-backs/ | 2022-04-08T05:32:25Z |
Officials: Bear dies trapped in car at temperatures possibly above 140 degrees
SEVIERVILLE, Tenn. (WVLT/Gray News) - Officials in Tennessee say a black bear died after getting stuck in a hot car this week.
According to the Tennessee Wildlife Resources Agency, the car’s owner got in a different vehicle around 10 a.m. When they returned at 6:45 p.m., they found the bear dead in the car.
WVLT reports that officials said they thought the bear got inside the car using its paws or teeth and got trapped after the door shut.
Wildlife officers said the temperature outside was above 95 degrees, meaning the car could’ve been hotter than 140 degrees.
The agency urged car owners to lock their doors, roll up their windows, and don’t leave food inside the car or even air fresheners – as all of that can attract bears.
Park officials encouraged anyone to report those breaking the rules to call 865-436-1230.
According to officials, a black bear was euthanized last week after scratching a woman and then charging another neighbor.
Copyright 2022 WVLT via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/06/24/officials-bear-dies-trapped-car-temperatures-possibly-above-140-degrees/ | 2022-06-24T04:30:25Z |
Body of baby found buried in backyard during sexual assault investigation in Texas
LUBBOCK, Texas (KCBD/Gray News) — The body of a baby was found buried in the backyard of a home in Northwest Lubbock Tuesday morning during the investigation of an ongoing sexual assault of a minor.
Lubbock police say the investigation into the sexual assault started Monday when they received the report just before 11:30 a.m. During the investigation, officers learned the body of a baby was buried in the backyard of a home in the 1100 block of North Belmont Ave.
The LPD Metro Unit took over the investigation and began searching the backyard for human remains.
The search continued to next morning when the remains were found around 9 a.m.
During the investigation, Lubbock police obtained an arrest warrant for aggravated sexual assault on a suspect in the case.
Police tried to find the suspect throughout the day Tuesday to serve the warrant.
Before police could find him, the LPD Communications Center received a call for service to help EMS at a home in Southwest Lubbock in the 5500 block of 111th Street.
Emergency personnel found the suspect dead from a self-inflicted gunshot wound.
Lubbock police have not release the name of the suspect.
The investigation is ongoing.
Copyright 2022 KCBD via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/31/body-baby-found-buried-backyard-during-sexual-assault-investigation-texas/ | 2022-05-31T23:01:27Z |
DALLAS (KDAF) — The summer heat is continuing to beat down on Texas and much of America during August and why not try to beat that heat with the delicious ice-cold dessert that is frozen custard?
Monday, August 8 is National Frozen Custard Day! NationalToday says, “Frozen custard is the perfect summer treat with its smooth texture and deliciousness. The dessert is even quite simple to make and is typically prepared fresh at the place of sale. It is a beloved dessert across the globe and on this day you can get in on the fun by eating frozen custard.”
So, we wanted to make sure you know where to find the very best spots around North Texas to eat frozen custard. We checked out Yelp’s list of the top spots in Dallas for frozen custard:
- Andy’s Frozen Custard
- Botolino Gelato Artigianale – Lower Greenville
- Cauldron Ice Cream – Uptown
- Jeni’s Splendid Ice Creams – Deep Ellum
- Super Chix
- Sno – North Dallas
- Freddy’s Frozen Custard & Steakburgers
- Henry’s Homemade Ice Cream
- Junbi Matcha – Richardson
- Royal I.T. Cafe – Lake Highlands
- Rita’s Italian Ice | https://cw33.com/news/local/got-a-sweet-tooth-try-these-top-spots-for-frozen-custard-around-dallas/ | 2022-08-08T15:57:42Z |
If you've been considering a return to school, this is your sign it is not too late.
Mae Beale, an 82-year-old retiree, just earned a Bachelor of Science degree in Business Management from University of Maryland Global Campus (UMGC).
Beale decided to return to school in her late 70s, according to a news release from the school. She received her diploma May 18, the day after her 82nd birthday, reported CNN affiliate WJLA.
In her younger years, Beale worked as a licensed practical nurse in Washington, DC, the release noted. While working at the Department of Health and Human Services' Centers for Medicare and Medicaid, she helped plan several large events, which inspired a career pivot.
In 1994, at the age of 54, Beale started her own event-planning business and started working toward her associate degree in Business Management at Howard Community College, according to the release.
After completing the associate degree program, she decided to pursue a bachelor's degree, one class at a time.
"I wanted to make certain I had the time to devote to whichever class I was taking," she said in the release. "I was like the tortoise. Slow and steady wins the race."
"I discovered that I had to be intentional about it and make it my priority."
Despite being older than most of her classmates, Beale was a star student. She graduated with honors and made the dean's list several times during her time at UMGC.
Beale received her diploma alongside 3,300 graduates from the classes of 2020, 2021, and 2022, Bob Ludwig, assistant vice president of media relations at the university, told CNN. She completed her coursework in the class of 2020, but the school has not held an in-person graduation ceremony since 2019 due to the coronavirus pandemic.
Beale, who participates in several local boards in Maryland as a community advocate, told the university the degree has given her a greater sense of self-confidence: "I knew that if I had the degree, it would solidify things and make me feel more comfortable."
And she encouraged others to pursue higher education with an open mind. "Expose yourself to as many possibilities as you can because you never know what life will present."
Scenes from summer basketball at Dougherty with the hosts taking on Lee County and Monroe, among others, on May 28, 2022. (Photos: Joe Whitfield) Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/news/she-graduated-from-college-the-day-after-her-82nd-birthday/article_ccbce780-336d-5eb5-9196-1083039c7fc0.html | 2022-05-29T06:21:00Z |
CAMILLA — As a young boy growing up here, writing songs was one of those things that just came to Jimmy Hayes. He wrote his first song, “Emblem of the Blues,” when he was around 11 years old.
In between that initial offering and penning “Believe in America,” a song that late country great Charley Pride and current superstar Garth Brooks sang for a soon-to-be released album that became Pride’s final project, Hayes wrote some 400 songs. Or thereabouts.
“I’d say I’ve written about 400, but that’s probably a low estimate,” Hayes, who is the owner/director of a theological seminary, said during a recent conversation.
That this unassuming man of 76, who’s been married to his “perfect complement” of a wife Cherry for 54 years, would finally get the attention of Nashville royalty after toiling in relative obscurity for years might seem the unlikeliest of stories to most. But the unflappable Hayes pretty much takes it in stride.
“Charley said during a special I saw about him that when he’s presented a song (to possibly record), he takes a look at the lyrics,” Hayes said. “If he likes the lyrics, he’ll do the song. So I guess that makes ‘Believe in America’ something pretty special. Here’s this guy who’s sold 77 million records, and he’s going to record one of my songs.
“I think it’s just part of me being one of the most blessed men in the world. Everything I’ve touched in my life has been blessed.”
The roundabout story of Hayes’ penning and Pride’s acceptance of “Believe in America” for inclusion on his latest musical project took an even more bizarre turn in December when Pride died from complications related to COVID-19. He’d worked on some 15 songs for inclusion on an album he was recording, and his record label decided to enlist other country artists to sing “duets” with Pride to finish and enhance the songs on the album.
“I don’t know who all’s going to sing on the album, but I’ve been told Darius Rucker, Charlie’s son Dion and Reba McEntire will be on it,” Hayes said.
Jimmy Hayes attended Bible College in Massillon, Ohio, and he was the only student at the college who was actually allowed to preach in the school’s chapel. As Hayes was preparing to leave college, he came up with a plan to put his messages on tape and sell them. Only problem was, he didn’t have any money.
“I decided to start a school, but I needed to advertise,” Hayes said. “I called the Christian Journal and told them I had no money, but I was able to talk them into giving me a $2,100 ad on credit. The month after that ad ran, I made $300. I called them and told them I didn’t make enough money to pay off the ad, but I told them I’d like to try again for another month. I talked them into giving me another ad on credit.”
Hayes even had to borrow a typewriter so that he could type out the copy for the ad.
That was 42 years ago, and Hayes hasn’t looked back since. His Andersonville Theological Seminary Distance Learning Center offers lessons to hundreds of students from all over the world, students from all 50 U.S. states and 27 other countries. This Memorial Day weekend, between 400 and 500 students graduated from the seminary.
“It was all the Lord,” Hayes said of his brainchild’s success. “The Bible says the Lord will use the foolish to confound the wise. I guess when the Lord was looking for the ‘biggest fool,’ he chose me.”
The Andersonville Seminary developed into a family business over the years. Cherry, whom Hayes met at a high school basketball game and decided “she’d make a good wife,” left a teaching job to work with Hayes, and now members of the family continue to build on what the Hayeses started.
“My son runs the seminary now, but I have a hand in it,” Hayes said. “I owe the bank too much money to retire.”
When it came to getting his songs into the hands of Nashville hit-makers, Hayes put his faith in Ron Wallace, a singer/musician whom Hayes has never even met in person.
“I’d write songs and send them to Nashville to pitch to artists, but it got nowhere,” Hayes said. “I called a studio in Nashville and said I needed help getting my songs out. I told them I wrote lyrics and needed somebody to put music to them and to make demos. Ron Wallace called, and we came up with a business plan. I’d write lyrics and send them to him. He’d write music for the lyrics and see that they got promoted. I’d pay all costs, and we’d split any royalties 50-50.
“I figured 50% of something is a lot better than 100% of nothing.”
Even though Cherry says, “Jimmy has a knack for writing lyrics and poetry; if someone tells him some things about someone who’s passed away, he’ll write a song or poem about him,” he went through something of a dry spell recently. But soon, inspiration came calling.
“I hadn’t written anything in about two years,” Hayes said. “I told Cherry that I thought I was through. But I started thinking about the trouble our world is in — I’m a Vietnam vet, was there for the Tet offensive, and I believe in America — so I got this idea for a song. Believe it or not, it took me about 10 minutes to write it once I got started.
“I don’t really work by a formula. I’ll just start singing and see what comes out. I’ll ask Cherry what she thinks; a lot of times she’ll say ‘you need to work on it some more.’”
Wallace’s demo of the song made its way to Pride, and suddenly this 76-year-old lyricist was looking at the prospects of being the next “it” songwriter in the Nashville market.
“I can’t lie; I’d like to see it become a hit,” Hayes said. “You have two stars like Charley Pride and Garth Brooks singing on it, so it has a chance. It’s really special to me that Charley liked it enough to pick it for his album, especially after he died last year.
“When I started doing this, it was just a hobby. Now, who knows. It will be what the Lord wants it to be. But what were the odds of anything like this happening? I call this guy in Nashville that I’ve never seen and ask him to do the music and the demo. And it’s turned into this. Ron and I talk about taking the time to meet, but I told him that may not happen ‘til our funerals.” | https://www.albanyherald.com/entertainment/country-superstars-charley-pride-garth-brooks-sing-camilla-songwriter-jimmy-hayes-song/article_69585bb2-dea4-11ec-8cf8-e7f08f8d636d.html | 2022-05-28T21:01:47Z |
CHAMBERSBURG, Pa., July 26, 2022 /PRNewswire/ -- Franklin Financial Services Corporation (NASDAQ: FRAF), the bank holding company of F&M Trust (the Bank), reported consolidated earnings of $3.6 million ($0.80 per diluted share) for the second quarter ended June 30, 2022. This result represents a 19% increase compared to net income of $3.0 million ($0.67 per diluted share) for the first quarter of 2022, and a 32% decrease compared to net income of $5.3 million ($1.19 per diluted share) for the second quarter ended June 30, 2021. Year-to-date 2022 net income was $6.6 million ($1.47 per diluted share) compared to $10.1 million ($2.28 per diluted share) for the same six-month period in 2021, a decrease of 35%.
A summary of operating results for the second quarter of 2022 and year-to-date 2022 are as follows:
- Net interest income was $12.1 million for the second quarter of 2022 compared to $10.8 million for the second quarter of 2021. The second quarter of 2021 included $746 thousand of PPP interest and fees compared to only $4 thousand for the second quarter of 2022. Year-to-date, net interest income was $22.9 million (including $388 thousand of PPP interest and fees) compared to $21.7 million for the same period in 2021 (including $1.6 million of PPP interest and fees). The net interest margin increased to 2.90% for the second quarter of 2022 from 2.82% for the same quarter of the prior year. On a year-to-date comparison, the net interest margin was 2.80% for 2022 compared to 2.92% in 2021. The yield on earning assets increased in the second quarter 2022 versus 2021 comparison (up 0.08%), but decreased year-over-year (down 0.14%). The increase in the second quarter yield on earning assets was primarily the result of Federal Reserve rate increases that began near the end of the first quarter of 2022 and continued through the second quarter. The year-to-date cost of interest-bearing deposits was 0.15% compared to 0.16% for 2021 while the cost of total deposits decreased from 0.13% in 2021 to 0.12% in 2022.
- Earning assets for the second quarter of 2022 averaged $1.7 billion compared to $1.6 billion for the same period in 2021, and year-to-date average earnings assets increased 10% from $1.5 billion to $1.7 billion. Year-to-date the average balance of interest-earning cash increased $72.3 million, and the investment portfolio increased $82.2 million. The average balance of the loan portfolio increased only $1.9 million for the first six months of 2022 compared to 2021. The growth in the year-to-date average balance of the loan portfolio was negatively affected by a decrease of $53.8 million in the average balance of PPP loans over the comparative periods. The average balance of deposits for the year increased $179.9 million over the same period in 2021 with every deposit category increasing except for time deposits.
- There was no provision for loan loss expense for the second quarter and year-to-date periods of 2022. In 2021, the provision for loan loss expense was a reversal of $1.1 million for the second quarter and a reversal of $1.9 million for the first six months of 2021. During 2020, the allowance for loan loss was increased through the provision expense due to increased economic uncertainty stemming from the pandemic. As these risks lessened in 2021, loans reserves were released via a reversal in the provision for loan loss. With relatively unchanged net loan balances since year-end 2021 and stable credit quality indicators, it was determined no additional provision expense was needed during the first half of the year. The allowance for loan loss ratio was 1.45% of gross loans as of June 30, 2022, compared to 1.51% at December 31, 2021.
- Noninterest income totaled $4.1 million for the second quarter of 2022 compared to $4.5 million in the second quarter of 2021. Year-to-date, noninterest income decreased $740 thousand (8.5%) to $8.0 million compared to $8.7 million the prior year. The largest increases year-over-year were in Investment and Trust Services fees (up $204 thousand) and deposit service charges (up $319 thousand) primarily from a new product introduced in the third quarter of 2021. These increases were more than offset by a decrease of $828 thousand in gains on sale as mortgage originations have slowed in 2022.
- Noninterest expense for the second quarter of 2022 was $12.0 million compared to $10.1 million for the second quarter of 2021. Year-to-date, noninterest expense was $23.3 million compared to $20.3 million in 2021, an increase of 14.9%. The categories contributing to this increase were: salaries and benefits ($1.5 million), data processing ($581 thousand) and other expenses ($643 thousand). Salaries and benefits increased primarily in employee compensation, the increase in data processing is related to the implementation of a Customer Relationship Management system and other expenses increased comparatively due to a reversal of $636 thousand for an off-balance sheet liability during the second quarter of 2021.
Total assets at June 30, 2022 were $1.832 billion compared $1.774 billion at December 31, 2021. Significant balance sheet changes since December 31, 2021, include:
- Short-term interest-earning deposits in other banks increased $15.2 million. The amortized cost basis of the investment portfolio increased $28.6 million, however, the fair value of the portfolio decreased by $20.0 million due to higher interest rates.
- The net loan portfolio increased $35.9 million during 2022 over the year-end 2021 balance. The largest increase occurred in the commercial real estate portfolio ($40.0 million) which was partially offset by a decrease of $8.3 million in non-real estate commercial loans. The Bank held $215 thousand in PPP loans at June 30, 2022, a decrease of $7.6 million since year-end 2021, and all PPP fees have been recognized.
- Deposits increased $94.8 million (6.0%) over year-end 2021, with all deposit products showing an increase except time deposits. Interest-bearing checking accounts showed the largest increase ($67.1 million or 13.1%), primarily in commercial and municipal accounts.
- Shareholders' equity decreased $35.3 million since the end of 2021. Retained earnings increased $3.7 million, net of $2.8 million in dividend payments. Accumulated other comprehensive income (AOCI) decreased by $38.4 million as the fair value of the investment portfolio declined during the year due to higher interest rates. At June 30, 2022, the book value of the Corporation's common stock was $27.54 per share and the tangible book value was $25.50 per share. In December 2021, an open market repurchase plan was approved to repurchase 150,000 shares over a one-year period and 47,450 shares have been repurchased under the plan as of June 30, 2022.
"The value of being a diversified, community bank with strong customer relationships showed through in the second quarter as growing loan and deposit balances helped to improve net interest income and fee income grew from Investment and Trust services compared to the prior quarter. Despite the headwinds of a volatile stock market and the talk of recession, we remain focused on building shareholder value through the growth of the franchise and our capabilities," said Timothy G. Henry, President and CEO of Franklin Financial Services Corporation and F&M Trust. "On July 1 we opened our first Maryland office in Hagerstown. Later in the third quarter we anticipate implementing the Salesforce customer relationship management system throughout the bank. In order to accommodate future growth and improve operating efficiencies we will also be completing the consolidation of the executive, commercial, investment and trust, and operations teams, that had been spread across two separate buildings, into one new location in Chambersburg, PA. Through the balance of the year, we will continue to position ourselves to be able to ride through any broad economic issues that may arise while maintaining the ability to support our customers and take advantage of opportunities to enhance shareholder value as they become apparent to us."
On July 14, 2022, the Board of Directors of Franklin Financial Services Corporation declared a $0.32 per share regular quarterly cash dividend for the third quarter of 2022. This compares to a $0.32 per share regular cash dividend for the second quarter of 2022. The regular quarterly cash dividend for the third quarter of 2022 will be paid on August 24, 2022, to shareholders of record at the close of business on August 5, 2022.
Additional information on the Corporation is available on our website at: www.franklinfin.com/Presentations.
Franklin Financial is the largest independent, locally owned and operated bank holding company headquartered in Franklin County with assets of more than $1.8 billion. Its wholly-owned subsidiary, F&M Trust, has twenty-two community banking locations in Franklin, Cumberland, Fulton and Huntingdon Counties PA, and Washington County MD. Franklin Financial stock is trading on the Nasdaq Stock Market under the symbol FRAF. Please visit our website for more information, www.franklinfin.com.
Management considers subsequent events occurring after the balance sheet date for matters which may require adjustment to, or disclosure in, the consolidated financial statements. The review period for subsequent events extends up to and including the filing date of a public company's consolidated financial statements when filed with the Securities and Exchange Commission ("SEC"). Accordingly, the financial information in this announcement is subject to change.
Certain statements appearing herein which are not historical in nature are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements refer to a future period or periods, reflecting management's current views as to likely future developments, and use words "may," "will," "expect," "believe," "estimate," "anticipate," or similar terms. Because forward-looking statements involve certain risks, uncertainties and other factors over which Franklin Financial Services Corporation has no direct control, actual results could differ materially from those contemplated in such statements. These factors include (but are not limited to) the following: general economic conditions particularly with regard to the negative impact of severe, wide-ranging and continuing disruptions caused by the spread of the coronavirus COVID-19 pandemic and responses thereto, changes in interest rates, changes in the Corporation's cost of funds, changes in government monetary policy, changes in government regulation and taxation of financial institutions, impact of and changes in the rate of inflation, changes in technology, the intensification of competition within the Corporation's market area, and other similar factors.
We caution readers not to place undue reliance on these forward-looking statements. They only reflect management's analysis as of this date. The Corporation does not revise or update these forward-looking statements to reflect events or changed circumstances. Please carefully review the risk factors described in other documents the Corporation files from time to time with the SEC, including the Annual Reports on Form 10-K, Quarterly Reports on Form 10-Q, and any Current Reports on Form 8-K.
GAAP versus non-GAAP Presentations – The Corporation supplements its traditional GAAP measurements with certain non-GAAP measurements to evaluate its performance and to eliminate the effect of intangible assets. By eliminating intangible assets (Goodwill), the Corporation believes it presents a measurement that is comparable to companies that have no intangible assets or to companies that have eliminated intangible assets in similar calculations. However, not all companies may use the same calculation method for each measurement. The non-GAAP measurements are not intended to be used as a substitute for the related GAAP measurements. Non-GAAP financial measures should be viewed in addition to, and not as an alternative for, our reported results prepared in accordance with GAAP. In the event of such a disclosure or release, the Securities and Exchange Commission's Regulation G requires: (i) the presentation of the most directly comparable financial measure calculated and presented in accordance with GAAP and (ii) a reconciliation of the differences between the non-GAAP financial measure presented and the most directly comparable financial measure calculated and presented in accordance with GAAP. The following table shows the calculation of the non-GAAP measurements.
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SOURCE Franklin Financial Services Corporation | https://www.kxii.com/prnewswire/2022/07/26/franklin-financial-reports-2022-q2-earnings-declares-dividend/ | 2022-07-26T21:22:57Z |
Ex-police officer gets 7-plus years in prison in Jan. 6 case
WASHINGTON (AP) — An off-duty Virginia police officer who stormed the U.S. Capitol on Jan, 6, 2021, with a fellow officer was sentenced Thursday to more than seven years in prison, matching the longest prison sentence so far among hundreds of Capitol riot cases.
Former Rocky Mount Police Sgt. Thomas Robertson declined to address the court before U.S. District Judge Christopher Cooper sentenced him to seven years and three months in prison. Cooper also sentenced Robertson to three years of supervised release after his prison term.
Federal prosecutors had recommended an eight-year prison sentence for Robertson. His sentence equals that of Guy Reffitt, a Texas man who attacked the Capitol while armed with a holstered handgun.
Robertson gets credit for the 13 months he has already spent in custody. Robertson has been jailed since Cooper ruled last year that he violated the terms of his pretrial release by possessing firearms.
The judge said he was troubled by Robertson’s conduct since his arrest — not only his stockpiling of guns but also his words advocating for violence. After Jan. 6, Robertson told a friend that he was prepared to fight and die in a civil war and he clung to baseless conspiracy theories that the 2020 election was stolen from then-President Donald Trump, the judge noted.
Sentencing guidelines calculated by Cooper recommended a prison term ranging from seven years and three months to nine years.
“It’s a long time because it reflects the seriousness of the offenses that you were convicted of,” the judge said.
In April, a jury convicted Robertson of attacking the Capitol to obstruct Congress from certifying Joe Biden’s 2020 presidential victory. Jurors found Robertson guilty of all six counts in his indictment, including charges that he interfered with police officers at the Capitol and that he entered a restricted area with a dangerous weapon, a large wooden stick.
Robertson’s lawyers said the Army veteran was using the stick to help him walk because he has a limp from getting shot in the right thigh while working as a private contractor for the Defense Department in Afghanistan in 2011.
The judge said he agreed with jurors that Robertson went to the Capitol to interfere with the joint session of Congress on Jan. 6. Robertson was an “active and willing participant,” not “some bystander” who got swept up in the crowd, Cooper said.
Robertson traveled to Washington on that morning with another off-duty Rocky Mount police officer, Jacob Fracker, and a third man, a neighbor who wasn’t charged in the case.
Fracker was scheduled to be tried alongside Robertson before he pleaded guilty to a conspiracy charge in March and agreed to cooperate with federal authorities. Cooper is scheduled to sentence Fracker next Tuesday.
Prosecutors have asked Cooper to spare Fracker from a prison term and sentence him to six months of probation along with a period of home detention or “community confinement.” They said Fracker’s “fulsome” cooperation and trial testimony was crucial in securing convictions against Robertson.
Robertson’s lawyer, Mark Rollins, sought a prison sentence below two years and three months. He questioned the fairness of the wide gap in sentences that prosecutors recommended for Robertson and Fracker given their similar conduct.
Robertson served his country and community with distinction, his lawyer told the judge.
“His life already is in shambles,” Rollins said.
Robertson and Fracker were among several current or former law enforcement officers who joined in the riot. Prosecutors say Robertson used his law enforcement and military training to block police officers who were trying to hold off the advancing mob.
Assistant U.S. Attorney Elizabeth Aloi said Robertson was prepared for violence when he went to the Capitol and did a “victory lap” inside the building, where he posed for a selfie with Fracker.
“The defendant is, by all accounts, proud of his conduct on Jan. 6,” she said.
Jurors saw some of Robertson’s posts on social media before and after the riot. In a Facebook post on Nov. 7, 2020, Robertson said “being disenfranchised by fraud is my hard line.”
“I’ve spent most of my adult life fighting a counter insurgency. (I’m) about to become part of one, and a very effective one,” he wrote.
In a letter addressed to the judge, Robertson said he took full responsibility for his actions on Jan. 6 and “any poor decisions I made.” He blamed the vitriolic content of his social media posts on a mix of stress, alcohol abuse and “submersion in deep ‘rabbit holes’ of election conspiracy theory.”
“I sat around at night drinking too much and reacting to articles and sites given to me by Facebook” algorithms, he wrote.
The town fired Robertson and Fracker after the riot. Rocky Mount is about 25 miles (40 kilometers) south of Roanoke, Virginia, and has about 5,000 residents.
Roughly 850 people have been charged with federal crimes for their conduct on Jan. 6. More than 350 of them have pleaded guilty, mostly to misdemeanor offenses, and more than 230 have been sentenced so far.
Robertson’s jury trial was the second for a Capitol riot case; Reffitt’s was the first. Jurors have unanimously convicted seven Capitol rioters of all charges in their respective indictments.
___
For full coverage of the Jan. 6 hearings, go to https://www.apnews.com/capitol-siege
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/11/ex-police-officer-gets-7-plus-years-prison-jan-6-case/ | 2022-08-11T21:41:03Z |
DALLAS (KDAF) — Everyone is looking for a great date spot around the Dallas-Fort Worth Metroplex and so Inside DFW decided to enjoy a double date with some friends at Sueño in Richardson.
The new-to-Richardson spot has a Mexico City vibe with a scratch kitchen and a fun, celebratory atmosphere. If you like cocktails, this is the place for you.
Sueño uses fresh-squeezed juices & infusions to go along with their extensive tequila list. If you go, give the fajitas and the mango margarita or Mexican martini a try!
Sueño also has weekend brunch from 11 a.m. to 3 p.m. every Saturday and Sunday. You can find them and their delicious food and drinks on Arapaho Road in Richardson. | https://cw33.com/news/inside-dfw/food-fix-catch-some-mexico-city-vibes-at-sueno-in-richardson/ | 2022-05-19T20:16:47Z |
WUXI, China, June 8, 2022 /PRNewswire/ -- The following article was published today by China Daily USA.
Youth, a driving force of social, economic and cultural advances, has been playing a pioneering role in promoting global sustainable development. A recent online dialogue among global youth has gone viral.
Themed "Wuxi Dialogue Linking Youth", the exchange activity has sparked heated discussions among young talent working and living in Wuxi and their peers across the world.
In 2020, Wuxi, in eastern China's Jiangsu province, proposed becoming a Zero-Carbon City.
Yan Qing was impressed by the city's commitment to the climate. After graduating from Tsinghua University, he moved to Wuxi through an open selection program for talent. He was tasked with exploring ways to build a Zero-Carbon City. His research received great attention and was published in an authoritative international journal.
"Wuxi has beautiful natural ecology and amiable environment for talent growth. Trust and encouragement for young talent have endowed me the opportunity to grow up together with this city," he said.
Young people are most concerned about innovation and entrepreneurship, said Lu Xinyi, a graduate of Johns Hopkins University.
"Wuxi is the birthplace of China's national industry and commerce. Innovation and entrepreneurship are in the genes of this city," she said.
Lu Xinyi started on entrepreneurial projects while finishing her degree and worked at a venture capital incubator in New York. She believes that Wuxi can provide a broad stage for eager young people.
In 2021, Wuxi's per capita GDP ranked first among large and medium-sized cities in China. She believes that Wuxi will make a difference in the information technology industry.
Yue Yunxiao often expresses his fondness for the friendliness of Wuxi, a city that always tops the annual list of China's happiest cities. When he couldn't return home during the Spring Festival last year, he still felt the warmth and comfort of home under the care of his leaders and colleagues. Now, as a member of the Wuxi Youth Volunteer Group, he continues to spread friendship and goodwill to make Wuxi a hometown for non-natives.
Han Shutong, a graduate of University College London, said, "Wuxi is open and inclusive. Here young people can get together with like-minded people who develop a sense of belonging and find something new and interesting."
She came to Wuxi, the birthplace of Wu culture, thanks to the open selection program and became a teacher in a key provincial middle school. "When I have a little spare time, my friends and I like to enjoy a cup of coffee with an opera mask art in Wuxi Opera Museum, and we can also enjoy the new art supported by technologies such as VR and AR in Wuxi Studios," Han Shutong said.
More and more youth stay in Wuxi for its unlimited chances for success, inclusiveness and genuine care. They are a powerful engine for Wuxi, a charming, dynamic and innovative city facing the world and the future.
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SOURCE China Daily USA | https://www.wibw.com/prnewswire/2022/06/08/global-dialogue-young-people-new-engine-global-wuxi/ | 2022-06-08T14:40:21Z |
NEW YORK, July 14, 2022 /PRNewswire/ -- Kyndryl (NYSE: KD), the world's largest IT infrastructure services provider, today announced a multi-year agreement with American Honda Motor Company, Inc. (AHM) (NYSE: HMC) that expands Kyndryl's work to include support of AHM's infrastructure transformation across its U.S. manufacturing plants, research and development, captive finance, and sales operations. This collaboration will support AHM's efforts to harness its data and bring more innovation to its customers.
"We've worked with Honda for many years and have helped them evolve their business as the mobility industry has undergone a major transformation of the consumer experience," said Matt Milton, President of Kyndryl U.S. "Honda is pioneering innovation in how it leverages data for value across its organization, and we're working side by side to help them modernize their operations to deliver on this future-forward strategy."
"At a time of rapid transformation for the auto and mobility industry, we're pleased to work with Kyndryl to realize critical business transformation enabled by IT that will allow Honda to prepare for our electrified future," said Adam Sparks, Assistant Vice President of Enterprise IT Services at American Honda Motor Co. "Kyndryl will contribute to efficiencies and competitiveness across all North America processes, which will help us establish new connected products and services."
AHM selected Kyndryl to simplify and centralize IT operations so it can invest more in innovation. Kyndryl will integrate an on-premises and cloud-based solution to support the deployment of a standard platform that centralizes management of all operations, including sales, finance, manufacturing and research and development operations.
Honda will gain enhanced efficiency and resiliency across its U.S. operations and be able to speed the deployment of modern tooling and technologies, as well as integrate and simplify its services catalogue. Kyndryl will also continue to run the core infrastructure that supports Honda's U.S. operations.
The north star of the work is for Kyndryl to support AHM in transforming its infrastructure foundation to streamline the management of data across mission critical operations and deliver improved experiences to customers.
The strength of Kyndryl and AHM's relationship was further underscored recently when Kyndryl received AHM's supplier award for outstanding value.
About Kyndryl
Kyndryl (NYSE: KD) is the world's largest IT infrastructure services provider. The company designs, builds, manages and modernizes the complex, mission-critical information systems that the world depends on every day. Kyndryl's more than 90,000 employees serve over 4,000 customers in more than 60 countries around the world, including 75 percent of the Fortune 100. For more information, visit www.kyndryl.com.
Media Contact:
Kyndryl: press@kyndryl.com
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SOURCE Kyndryl | https://www.kxii.com/prnewswire/2022/07/14/kyndryl-modernize-it-infrastructure-american-honda-motor-company/ | 2022-07-14T04:14:46Z |
Architects and Designers Can Now Visualize Designs in Real Time on the Mac Platform
KARLSRUHE, Germany, July 28, 2022 /PRNewswire/ -- Today, Enscape announced its popular real-time rendering software used by architects and designers worldwide to turn their models into immersive 3D experiences is now available for the Mac platform. Following a successful open beta, Enscape for Mac is now shipping for SketchUp 2021 and 2022.
As a direct plug-in to the modeling software, architects and designers can enjoy an integrated real-time visualization and design workflow, quickly turn models into 3D experiences, iterate more effectively, and easily communicate their vision with teams, partners, and clients, leaving more time to focus on designing great spaces.
"The release of Enscape for Mac now brings a truly integrated real-time visualization workflow to the Mac platform. Many customers have helped develop this product through our open beta program, and they are excited to now have the choice of two great platforms: Windows and Mac," said Petr Mitev, Vice President, Visualization Product Group at Enscape.
"We are thrilled that our SketchUp users can now enjoy this popular real-time rendering software on the Mac platform. Enscape's Mac version integrates directly into SketchUp, and no syncing, importing, or exporting is required. We know our Mac user base will be excited to now be able to seamlessly design and visualize their models in real time," said Hugh McEvoy, Director of Strategy and Business Development at Trimble.
Available Features and Functionality
The initial version of Enscape for Mac for Sketchup 2021 and 2022 includes the following features:
- Real-time visualization – visualize models in real time in the Enscape rendering window.
- Real-time walkthrough – navigate rendered projects with the walk, fly, and perspective modes.
- Export options – export and share design ideas with still renders, 360-degree panoramas, and web standalone options.
- Visual Settings – use a range of atmosphere, image, capture, and rendering settings to create the perfect look.
- Material Editor – use height maps and adjust textures to increase the level of realism.
- Synchronized views – have the Enscape rendering window show the same view as the project.
- Enscape Asset Library – choose from more than 3,000 high-quality, low-poly 3D models to add to a project.
- Manage views – create saved views to easily refer back to a project and seamlessly present it from the best angles.
- Batch rendering – render views in batches to save time in rendering them individually.
- Panorama Tour – create a navigation mode within the Panorama Gallery to easily share designs.
- Language support – Enscape for Mac is available in English, German, Italian, Portuguese (Brazil), Spanish, French, Polish, and Dutch.
To see Enscape for Mac in action, watch this video or register for the upcoming webinar on August 3, 2022.
Sign up to receive information on future functionality and support for additional CAD programs.
Apply for a free educational license.
For more information and pricing, visit the Enscape website at Enscape3d.com.
About Enscape
Enscape develops high-quality real-time rendering, visualization, and virtual reality software for the global AEC industry that integrates design and visualization workflows into one. Enscape gives designers the power to create high-quality renderings based on their existing planning data and easily produce videos, panoramic images, and VR simulations. Enscape software is compatible with Revit, SketchUp, Rhino, Archicad, and Vectorworks and is used by renowned architecture firms in over 150 countries.
In 2022, Enscape merged with Chaos, a developer of visualization technologies that empower artists and designers to create photorealistic imagery and animation across all creative industries. Together, the newly-combined company is creating an end-to-end ecosystem of 3D visualization tools accessible to everyone.
For more information, visit enscape3d.com and chaos.com.
Note for Editors:
Video - https://www.youtube.com/watch?v=7_XBgRCh7zo
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SOURCE Enscape | https://www.wibw.com/prnewswire/2022/07/28/enscape-mac-now-shipping-sketchup/ | 2022-07-28T11:30:10Z |
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