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LITTLETON, Colo., June 2, 2022 /PRNewswire/ -- Florida has fully adopted CanPay, the largest legitimate payment network for cannabis merchants and consumers. The platform is now accepted at 95% of the state's medical marijuana treatment centers (MMTCs). Nearly 100% of Florida's medical cannabis patients can use CanPay to pay for their cannabis purchases.
CanPay provides an easy-to-use app that allows consumers to pay for purchases at cannabis retailers with a simple debit from their checking account using the Automated Clearing House (ACH) network. Merchants with a compliant bank account at a CanPay-approved financial institution may join the CanPay network quickly and easily.
"We're thrilled to be able to offer all of Florida's cannabis consumers fast, free and safer-than-cash transactions with CanPay," said Dustin Eide, CEO of CanPay. "As one of the largest cannabis markets in the country, it's always been a priority for us to offer our service to its more than 700,000 Qualified Patients."
While recreational cannabis is not legal in Florida, medical marijuana can be purchased from licensed MMTCs by patients and caregivers that have an active Medical Marijuana Use Registry (MMUR) identification card.
Expansion in Florida comes at a time when CanPay is growing to meet the continued demand for its payment solution. As the leader in legitimate payments for the cannabis industry, the company has facilitated more than half a billion dollars in transparent transactions in states where cannabis is legal. CanPay is used at more than 800 participating merchant locations in 31 states in the U.S. and is accepted by 10 of the top 13 public-company, multi-state operators (MSOs)
About CanPay
CanPay offers a payment solution for the state regulated cannabis industry and other emerging markets. CanPay started with one goal – to bring traditional and legitimate electronic payment solutions to highly-regulated industries. We've spent years learning about the unique challenges that face consumers and retailers in these industries and used that experience to design CanPay as the stable payment solution they can rely on. With over 20 years of industry experience, the CanPay team of payments professionals is building a proprietary network of consumers, retailers, financial institutions, and specialized technology providers that make payments at regulated businesses just like payments everywhere else. For more information, visit https://www.canpaydebit.com.
Media contact:
Michael-Jon Romano
Allison+Partners
michael-jon.romano@allisonpr.com
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SOURCE CanPay | https://www.kxii.com/prnewswire/2022/06/02/canpay-expands-reach-nearly-all-floridas-cannabis-consumers/ | 2022-06-02T14:26:10Z |
VANCOUVER, BC, May 18, 2022 /PRNewswire/ - Sitka Gold Corp. ("Sitka" or the "Company") (CSE: SIG) (FSE: 1RF) (OTCQB: SITKF) is pleased to announce assay results from diamond drill hole DDRCCC-22-024 ("Hole 24"), the third drill hole completed during the Company's 2022 winter exploration program at its road accessible, district-scale RC Gold Project ("RC Gold" or the "Project") located within the Yukon's prolific Tombstone Gold Belt (see Figure 1). Four diamond drill holes were completed during the 2022 winter drilling program (DDRCCC-22-022 to DDRCCC-22-025) for a total of 1,242.8 metres. Drilling is expected to resume at the RC Gold Project in the next couple of weeks utilizing two drill rigs that will be focused on the newly discovered Blackjack Zone.
Gold assay highlights from DDRCCC-22-024 include:
- 107.5 m of 1.44 g/t Au from 4.5 m to 112.0 m in hole DDRCCC-22-024 including:
"Results from our winter drill program continue to deliver with the exceptional assays from Hole 24 adding to the mounting evidence that our newly discovered Blackjack zone could host a multi-million ounce, economically viable gold deposit," stated Cor Coe, P.Geo., CEO and Director of Sitka. "With over 100 metres of nearly 1.5 grams per tonne of gold drilled from surface, including 2 metres of over 1 ounce per tonne of gold, Hole 24 has confirmed that the gold-rich mineralization in this zone extends at least 100 metres west of our initial discovery hole (Hole 21) and remains open. Additionally, we have now confirmed that gold mineralization also extends 100 metres south (where Hole 22 was collared) and that it is continuous along vertical section (depth) from Hole 23 to Hole 22 (see news releases dated April 26 and May 17, 2022). This gold-rich zone remains open in all directions and we are eagerly awaiting the results from Hole 25 (DDRCCC-22-025) which was drilled approximately 80 metres to the east of Hole 21. Our plan is to continue step out drilling as we work towards further expanding this gold mineralization east and west along the interpreted strike while building tonnage for a maiden resource estimate."
Hole 24 was collared from the same setups as Hole 21 & 23, but was drilled to the west on an azimuth of 277 degrees, with a dip of -48 to a depth of 204 metres. The hole collared and remained in multiphase intrusive rock associated with the most consistent mineralization encountered to date at the BlackJack zone, to a depth of 52.4 metres where it crossed the BlackJack Fault. Below the fault, a mixed sequence of well mineralized metasedimentary country rocks and multiphase intrusive sills was encountered to a depth of 114.6 metres before transitioning into weakly mineralized metasedimentary country rock. Visible gold was also observed throughout the drill hole (Figure 5).
The 2022 winter drilling program was focused in the area of the Blackjack Zone which was first intersected by DDRCCC-21-021 (Hole 21). The Blackjack Zone occurs within the Saddle West Zone where the Blackjack Fault obliquely intersects an east-west trending extensional corridor that is defined by abundant lamprophyre dykes and a large gold-in-soil anomaly of >100 ppb and >500 ppb that covers an area of 2 kilometres by 500 metres between the Saddle West, Blackjack, Saddle and Eiger Zones (Figure 2). This extensional corridor controls the emplacement of the Saddle and Eiger intrusive stocks. The large gold-in-soil anomaly is still open in all directions and drilling to date within this corridor has demonstrated the potential for a continuous zone of gold mineralization. In addition to the classic intrusion hosted gold mineralization consisting of sheeted veins within intrusive host rocks intersected in Hole 21, similar to Victoria Gold's Eagle Gold Mine(2) and Kinross's Fort Knox Gold Mine(1), Hole 24 demonstrates significant gold mineralization in the surrounding metasedimentary rocks, including 2 metres of 35.6 g/t Au that was encountered, similar to Banyan Gold's 3.99 M oz Au AurMac Project(5). The winter drilling program continues to advance our understanding of the project and the company awaits the results of the last winter drill hole currently being processed at the lab with great anticipation as we prepare to complete a planned 10,000 metre drill program this summer.
The RC Gold Project consists of a 376 square kilometre contiguous district-scale land package located in the newly road accessible Clear Creek, Big Creek, and Sprague Creek districts in the heart of Yukon's Tintina Gold Belt and of the Tombstone Gold Belt. It is the largest consolidated land package strategically positioned mid-way between Victoria Gold's Eagle Gold Mine - Yukon's newest gold mine which reached commercial production in the summer of 2020 - and Sabre Gold Mine's Brewery Creek Gold Mine. The RC Gold Project land package comprises five underlying properties, namely, the RC, Bee Bop, Mahtin, Clear Creek, and Barney Ridge properties*. The Company recently identified a large 500 m by 2000 m intrusion related gold system on the Property at the Saddle Eiger zone and to date has drilled 23 diamond drill holes into this system. This has been the main focus of the Company's drill programs at RC Gold in 2020 and 2021 which have returned several significant gold intercepts, including the last drill hole from the 2021 drill program, DDRCCC-21-021 ("Hole 21") that intersected 220.1 metres of 1.17 g/t gold from surface that included 50.5 metres of 2.08 g/t gold. Hole 21, located in the Saddle West Zone, was drilled under a greater than 500 ppb gold-in-soil anomaly that was previously identified on surface and is part of the larger 2 kilometre by 500 metre gold-in-soil anomaly that stretches from the Saddle West Zone to the Eiger Zone and is open in all directions. This drill hole was collared 200 metres south of any previous drilling conducted and intersected a newly recognized controlling structure to mineralization known as the Blackjack Fault (see news release dated December 13, 2021).
Sitka Gold inherited a wealth of historical and current data from these properties from work spanning the last 40 years. Recent exploration work and the compilation of historical data have defined several mineralized zones with both bulk tonnage, intrusion-related gold deposit targets and high-grade, vein- and breccia-hosted gold targets. The RC Gold Project also has a common border with Victoria Gold's Clear Creek property at its western boundary and Florin Resources' Florin Gold property at its northern boundary.
*For more detailed information on the underlying properties please visit our website at www.sitkagoldcorp.com.
Exploration on the Property has mainly focused on identifying an intrusion-related gold system ("IRGS"). The property is part of the Tombstone Gold Belt which is the prominent host to IRGS deposits within the Tintina Gold Province in Yukon and Alaska. Notable deposits from the belt include: Fort Knox Mine in Alaska with current Proven and Probable Reserves of 230 million tonnes at 0.3 g/t Au (2.471 million ounces; Sims 2018)(1); Eagle Gold Mine with current Proven and Probable Reserves of 155 million tonnes at a diluted grade of 0.65 g/t Au at the Eagle and Olive deposits (3.261 million ounces; Goodwin et al. 2019)(2); the Brewery Creek deposit with current Indicated Mineral Resource of 22.2 million tonnes at a gold grade of 1.11 g/t (0.789 million ounces; Hulse et al. 2020)(3); the Florin Gold deposit, located adjacent to Sitka's RC Gold project, with a current Inferred Mineral Resource of 170.99 million tonnes grading 0.45 g/t (2.47 million ounces; Simpson 2021)(4) and the AurMac Project with an Inferred Mineral Resource of 207.0 million tonnes grading 0.60 gram per tonne gold (3.99 millon ounces; Jutras 2022)(5).
Sitka Gold will be attending the following events:
- Vancouver Resource Investment Conference (Cambridge House): May 18th, 2022
- Calgary Investor Forum (TakeStock): June 1st, 2022
- PDAC 2022 - Toronto, Ontario: June 13th - 15th, 2022
- Invest Yukon Conference, Dawson City, Yukon: June 21st - 23rd, 2022
Sitka Gold Corp. is a well-funded mineral exploration company headquartered in Canada. The Company is managed by a team of experienced industry professionals and is focused on exploring for economically viable mineral deposits with its primary emphasis on gold, silver and copper mineral properties of merit. Sitka currently has an option to acquire a 100% interest in the RC, Barney Ridge, Clear Creek and OGI properties in the Yukon and the Burro Creek Gold property in Arizona. Sitka owns a 100% interest in its Alpha Gold property in Nevada, its Mahtin Gold property in the Yukon and its Coppermine River project in Nunavut.
Sitka is currently conducting a planned 10,000 metre diamond drill program at its RC Gold Project in the Yukon where the last hole drilled in 2021 (Hole 21) resulted in the discovery of a new gold zone (the Blackjack zone) and returned 220.1 metres averaging 1.17 g/t gold from surface including 50.5 metres of 2.08 g/t gold (see news release dated February 17, 2022). A drill rig and contractor has also been secured to complete up to 5,000 feet of drilling its Alpha Gold Property in Nevada where drilling is anticipated to begin in Q2 of 2022.
The scientific and technical content of this news release has been reviewed and approved by Cor Coe, P.Geo., Director and CEO of the Company, and a Qualified Person (QP) as defined by National Instrument 43-101.
ON BEHALF OF THE BOARD OF DIRECTORS OF
SITKA GOLD CORP.
"Donald Penner"
President and Director
This news release contains forward‐looking statements and forward‐looking information within the meaning of applicable securities laws. These statements relate to future events or future performance. All statements other than statements of historical fact may be forward‐looking statements or information. Forward‐looking statements and information are often, but not always, identified by the use of words such as "appear", "seek", "anticipate", "plan", "continue", "estimate", "approximate", "expect", "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe", "would" and similar expressions.
Forward-looking statements and information are provided for the purpose of providing information about the current expectations and plans of management of the Company relating to the future. Readers are cautioned that reliance on such statements and information may not be appropriate for other purposes, such as making investment decisions. Since forward‐looking statements and information address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results could differ materially from those currently anticipated due to a number of factors and risks. These include, but are not limited to, the expected timing and terms of the private placement, use of proceeds, anticipated work program, required approvals in connection with the work program and the ability to obtain such approvals. Accordingly, readers should not place undue reliance on the forward‐looking statements, timelines and information contained in this news release. Readers are cautioned that the foregoing list of factors is not exhaustive.
The forward‐looking statements and information contained in this news release are made as of the date of this news release and no undertaking is given to update publicly or revise any forward‐looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws or the CSE. The forward-looking statements or information contained in this news release are expressly qualified by this cautionary statement.
Neither the CSE nor its Regulation Services Provider (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
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SOURCE Sitka Gold Corp. | https://www.wibw.com/prnewswire/2022/05/18/sitka-intercepts-1075-metres-144-gt-gold-surface-including-20-metres-3560-gt-gold-its-rc-gold-project-yukon/ | 2022-05-18T17:13:18Z |
Celtics’ Marcus Smart is NBA defensive player of the year
NEW YORK (AP) — Boston’s Marcus Smart is the first guard in over a quarter-century to win the NBA defensive player of the year award. NBA officials announced the award Monday. The last guard to win this honor was Seattle’s Gary Payton in 1995-96. Smart helped the Celtics lead the NBA in defensive rating and scoring defense while holding opponents to a league-low field-goal percentage and 3-point percentage. The 28-year-old ranked seventh in the NBA in steals per game and tied for sixth in total steals with 119. Phoenix Suns forward Mikal Bridges finished second and Utah Jazz center Rudy Gobert came in third. | https://localnews8.com/sports/ap-national-sports/2022/04/18/celtics-marcus-smart-is-nba-defensive-player-of-the-year/ | 2022-04-19T00:19:53Z |
NEW YORK, July 1, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Enservco Corporation (NYSE American: ENSV) between May 13, 2021 and April 18, 2022, both dates inclusive (the "Class Period"), of the important July 19, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Enservco securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Enservco class action, go to https://rosenlegal.com/submit-form/?case_id=6371 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 19, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Enservco had defective disclosure controls and procedures and internal control over financial reporting; (2) as a result, there were errors in Enservco's financial statements relating to, inter alia, its transactions with Cross River Partners and accounting for Employee Retention Credits ("ERCs"); (3) accordingly, Enservco would need to restate certain of its financial statements and delay the filing of its 2021 annual report with the U.S. Securities and Exchange Commission ("SEC"); (4) Enservco downplayed the true scope and severity of its financial reporting issues; (5) accordingly, Enservco could not file its delayed 2021 annual report with the SEC within its initially represented timeline; and (6) as a result, defendants' public statements were materially false and misleading at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Enservco class action, go to https://rosenlegal.com/submit-form/?case_id=6371 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
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.kxii.com/prnewswire/2022/07/01/rosen-skilled-investor-counsel-encourages-enservco-corporation-investors-with-losses-over-100k-secure-counsel-before-important-july-19-deadline-securities-class-action-ensv/ | 2022-07-01T20:42:11Z |
Acquisition makes Warrior Rising the Largest Veteran Entrepreneur Organization in the Country.
SALT LAKE CITY, July 12, 2022 /PRNewswire/ -- Warrior Rising, the nation's premier veteran entrepreneurship non-profit, just took a bold step forward announcing they have merged with VETtoCEO, another veteran nonprofit providing coaching, mentorship and funding to transitioning veterans. The merger is a seminal moment for Warrior Rising, who recently tripled the number of veterans that have graduated from their training program, and quadrupled the number of veterans they've invited to their "business showers." The Warrior Rising Business Showers™ provide veteran entrepreneurs who've completed the Warrior Academy® an amazing opportunity to receive financial grants, custom suits, computers, head shots, website and marketing optimization, and a slew of other resources critical to starting a new business.
"This is an exciting time for Warrior Rising, and for the veterans we serve," said Executive Director of Warrior Rising, Jason Van Camp. "Every day we strive to find the best programming, mentoring, and opportunities for our veteran entrepreneurs. Today we did just that. I've long admired the work of John Panaccione, Michael Horn, and the rest of the team at VETtoCEO. They share our values and have made a significant impact on the lives of veterans. I firmly believe that the programming experience they bring to Warrior Rising will amplify our technical offerings to veterans, and broaden our outreach. Conversely, our well-developed infrastructure and corporate partnerships will significantly scale the impact of VETtoCEO's work."
Panaccione, Co-Founder of VETtoCEO, shares Van Camp's excitement, "The combination of VETtoCEO and Warrior Rising offers members of the military and veterans an unprecedented opportunity to explore small business ownership as a viable career path after leaving military service. Our signature, cohort-based accelerator program, that's helped over 5,000 participants in over 40 cohorts, adds tremendous value to Warrior Rising's existing programs – and vice-versa. This new combined program sets the highest possible standard for a quality experience for today's military members and veterans. By doing so, we're helping America by developing transitioning veterans as from military leaders to small business leaders and providing them a seamless pathway to transition into small business ownership and community engagement."
Panaccione and Horn look forward to making a difference at Warrior Rising as senior leaders on the Programming Team.
Founded in 2015, Warrior Rising is a 501(c)(3) non-profit started by Veterans, for Veterans. The Warrior Rising team has a singular goal: transform Veterans into Vetrepreneurs. We achieve this by carefully selecting strategic partners in business, and leveraging a vast network of professionals and successful entrepreneurs from a wide variety of backgrounds. The organization hosts a robust team of professionals, business owners, and experts in their fields.
Learn more at warriorrising.org
VETtoCEO, Inc. is a 501(c)(3) nonprofit that supports veterans and transitioning military members to succeed in business ownership. Our entrepreneurial community, with its training resources and guidance, assists veterans in leveraging their skills to start or buy a business and run it successfully.
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SOURCE Warrior Rising | https://www.kxii.com/prnewswire/2022/07/12/warrior-rising-announces-veteran-entrepreneur-non-profit-vettoceo-is-merging-with-organization/ | 2022-07-12T14:20:53Z |
PHOENIX, Aug. 15, 2022 /PRNewswire/ -- Trinity Capital Inc. ("Trinity") (NASDAQ: TRIN, TRINL), an internally managed business development company, today announced that it has priced an underwritten public offering of $55.0 million of shares of its common stock at a public offering price of $15.33 per share. The offering was upsized from its announced offering size of $50.0 million of its shares. In connection with the proposed offering, Trinity has granted the underwriters a 30-day option to purchase up to 538,160 additional shares of its common stock. All of the shares of common stock to be sold in the offering are to be sold by Trinity. The completion of the offering is subject to customary closing conditions. The shares of common stock are expected to be delivered on August 18, 2022.
Trinity intends to use the net proceeds from this offering to pay down a portion of its existing indebtedness outstanding under its KeyBank Credit Facility, to make investments in accordance with its investment objective and investment strategy, and for general corporate purposes.
Keefe, Bruyette & Woods, A Stifel Company, Morgan Stanley, UBS Investment Bank and Wells Fargo Securities are acting as joint-lead book-running managers for the offering. Goldman Sachs & Co. LLC is acting as a joint book-running manager for the offering. Oppenheimer & Co., Ladenburg Thalmann and Compass Point are acting as co-managers for the offering.
The shares are being sold pursuant to an effective shelf registration statement on Form N-2 that has been filed with, and has been declared effective by, the Securities and Exchange Commission (SEC).
Investors are advised to carefully consider the investment objectives, risks and charges and expenses of Trinity before investing. The preliminary prospectus, dated August 15, 2022, and accompanying prospectus, dated January 27, 2022, each of which has been filed with the SEC, contain a description of these matters and other important information about Trinity and should be read carefully before investing.
This press release will not constitute an offer to sell or the solicitation of an offer to buy the securities described above nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to their registration or qualification under the securities laws of any such state or jurisdiction. Offers of these securities are made only by means of the prospectus. The SEC has not approved or disapproved these securities or passed upon the adequacy of the preliminary prospectus. Any representation to the contrary is a criminal offense.
A shelf registration statement relating to these securities is on file with and has been declared effective by the SEC. The offering may be made only by means of a prospectus and a related prospectus supplement, copies of which may be obtained, when available, from: Keefe, Bruyette& Woods, Inc., Attn: Equity Capital Markets, 787 7th Avenue, 4th Floor, New York, NY 10019, telephone: 1-800-966-1559, or by emailing USCapitalMarkets@kbw.com; Morgan Stanley & Co. LLC, Attn: Prospectus Department, 180 Varick Street, New York, NY 10014; UBS Securities LLC, Attention: Prospectus Department, 1285 Avenue of the Americas, New York, NY 10019, telephone: (888) 827-7275 or by emailing ol-prospectusrequest@ubs.com; Wells Fargo Securities, LLC, Attention: Equity Syndicate Department, 30 Hudson Yards, New York, NY, 10001, telephone: (800) 326-5897 or by emailing cmclientsupport@wellsfargo.com; and Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, or by emailing Prospectus-ny@ny.email.gs.com.
About Trinity Capital Inc.
Trinity (NASDAQ: TRIN, TRINL), an internally managed specialty lending company that has elected to be regulated as a business development company under the Investment Company Act of 1940, as amended, is a leading provider of debt, including loans and equipment financing, to growth stage companies, including venture-backed companies and companies with institutional equity investors. Trinity's investment objective is to generate current income and, to a lesser extent, capital appreciation through investments consisting primarily of term loans and equipment financings and, to a lesser extent, working capital loans, equity and equity-related investments. Trinity believes it is one of only a select group of specialty lenders that has the depth of knowledge, experience, and track record in lending to growth stage companies.
Forward-Looking Statements
This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties, including the impact of the COVID-19 pandemic on the economy, financial markets, our business, our portfolio companies and our industry. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the SEC. Trinity undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
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SOURCE Trinity Capital Inc. | https://www.kxii.com/prnewswire/2022/08/16/trinity-capital-inc-announces-pricing-550-million-shares-upsized-offering-common-stock/ | 2022-08-16T03:24:41Z |
Ukrainian Vocalist focus of Topeka Music Week’s refugee benefit concert
TOPEKA, Kan. (WIBW) - Visit Topeka’s “Topeka Music Week,” starting July 8 and will run through July 16, will feature a benefit concert for Ukrainian refugees.
A vocalist from Ukraine, Mariia Ratman, is scheduled to sing at the concert many songs in both English and Ukrainian. She traveled to Topeka to escape War in Ukraine.
“I’m honored to be performing during Topeka Music Week, to support my fellow Ukrainians who have come to the area as refugees,” Ratman said. “I sang in multiple bands back home before the war and am excited to be on stage again doing what I love, especially when I can help people at the same time.”
Along with Ratman’s performance, many Ukrainian natives have decided to share their stories of traveling to the U.S. and highlight the dangerous struggles Ukrainian refugees have endured.
“Since we formed earlier this year, the Topeka Refugee Task Force has helped bring close to 30 Ukrainians to the area, allowing them to escape war and find some semblance of peace,” said Yana Ross, a native of Ukraine who moved to Topeka 16 years ago. “Our work is not done. In fact, finding ways to support those refugees once they have relocated is a big part of our efforts. The Topeka community has truly been amazing with assisting the task force, and I know this benefit concert is going to be yet another example of locals’ generosity.”
The concert will start at 6:30 p.m. and will finish at 10 p.m. on Sunday, July 10. The doors open at 6 p.m. and Ukraine natives will start sharing their stories from 6:30 p.m. to 7 p.m. Ratman will begin her performance at 7 p.m. with more than a dozen selected songs.
It will take place at The Beacon, located at 420 SW 9th St.
“This event will be a first for The Beacon, and we couldn’t be more thrilled to serve as the venue for this incredible cause,” said Shelby Irick, co-owner of the venue. “We expect hundreds to turn out on July 10 to hear from Ratman and other native Ukrainians, so be sure to purchase tickets soon because space is limited. Our team looks forward to hosting and making this benefit concert a success!”
According to Visit Topeka, tickets can be purchased at the venue for $20. The price of the ticket will include admission to the concert, one complimentary beverage, and a treat that Hazel Hill Chocolate will provide.
“When I heard community members wanted to put together a Topeka Music Week concert specifically to support Ukrainian refugees, I was blown away,” said Sean Dixon, president of Visit Topeka. “This community is amazing, and I’m so proud to see this music-week performance come to life. I hope this year’s Topeka Music Week exceeds expectations. We are going to have acts from around the world sharing their talents right here at home.”
Topeka’s music week will also feature performances at Evergy Plaza, NOTO’s Redbud Park, Jayhawk Theatre, Happy Basset Barrel House, and more. Other activities throughout Music Week will include the Fiesta Mexicana, filled with Spanish-language performances, and Country Stampede, which is a three-day outdoor country music festival hosted at the Heartland Motorsports Park.
Find out more at Visit Topeka’s website.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/16/ukrainian-vocalist-focus-topeka-music-weeks-refugee-benefit-concert/ | 2022-06-16T23:31:58Z |
The American Free Enterprise Chamber of Commerce will focus on Free Markets, Limited Government, and American Business
DES MOINES, Iowa, May 2, 2022 /PRNewswire/ -- Today, Terry Branstad, former Governor of Iowa and the longest serving governor in U.S. history, announced the launch of a new commerce group – The American Free Enterprise Chamber of Commerce. Headquartered in Branstad's home state of Iowa, the group will serve as the voice for American business and is the first pro-business and free markets organization with national reach, rooted in common sense values.
"America's business owners and entrepreneurs are the backbone of this nation, and for too long their voices have not been well-represented in Washington," said Branstad, Chairman of American Free Enterprise Chamber (AmFree Chamber). "Our goal is to ensure that the interests of American businesses remain a top priority for our nation's leaders while fighting for equal economic opportunity for every American."
AmFree Chamber will focus on advocating for free markets and limited government while working to eliminate outdated regulations and tax policies that hurt entrepreneurs and small to mid-sized businesses. Chairman Branstad's experience as a former Ambassador to China will play a key role in the group's efforts to hold China accountable to standards of fairness and reciprocity.
Gentry Collins, the former Republican National Committee Political Director and former Executive Director of the Iowa Republican Party, will serve as the group's CEO.
"Free, fair, open markets have created more progress and prosperity than all other economic systems combined. The AmFree Chamber will nurture and grow the principles that allow free enterprise to thrive," said Collins.
Somsak Chivavibul, a financial expert with decades of experience in accounting, treasury, and financial reporting, will serve as Chair of the group's Governance and Accountability Committee. Chivavibul previously served as Chief Financial Officer of Navient, a publicly traded, student-loan servicing business and spent over 20 years at Sallie Mae where he was a Senior Vice President.
"A group like this requires strong principles, and Chairman Branstad is the right leader for this mission," said Chivavibul. "We are dedicated to earning and keeping the trust of our members and from a financial perspective that means transparency and accountability."
AmFree Chamber is committed to transparency, and its IRS filings will be made publicly available. It will maintain an independent governance and accountability committee, and board members will be term limited. These measures will allow members to maintain confidence that their dues are well and effectively spent and will keep the organization mission focused.
For more information on the American Free Enterprise Chamber of Commerce, please visit: www.amfreechamber.com
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SOURCE The American Free Enterprise Chamber of Commerce | https://www.wibw.com/prnewswire/2022/05/02/former-us-governor-terry-branstad-launches-new-commerce-group/ | 2022-05-02T11:46:43Z |
NEW YORK, Sept. 8, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Molecular Partners AG ("Molecular Partners" or the "Company") (NASDAQ: MOLN) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Molecular Partners investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of a class consisting of persons and entities that purchased or otherwise acquired: (a) Molecular Partners American Depositary Shares pursuant and/or traceable to certain documents issued in connection with the Company's initial public offering conducted on or about June 16, 2021; and/or (b) Molecular Partners securities between June 16, 2021, and April 26, 2022. Follow the link below to get more information and be contacted by a member of our team:
MOLN 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) the Company's product, ensovibep, was less effective at treating COVID-19 than defendants had led investors to believe; that (ii) accordingly, the the U.S. Food and Drug Administration ("FDA") was reasonably likely to require an additional Phase 3 study of ensovibep before granting the drug Emergency Use Authorization ("EUA"); (iii) waning global rates of COVID-19 significantly reduced the Company's chances of securing EUA for ensovibep; (iv) another of the Company's product candidates, MP0310, was less attractive to Molecular Partners' collaborator, Amgen, than defendants had led investors to believe; (v) accordingly, there was a significant likelihood that Amgen would return to global rights of MP0310 to Molecular Partners; (vi) as a result of all the foregoing, the clinical and commercial prospects of ensovibep and MP0310 were overstated; and (vii) as a result, documents issues in connection with the Company's initial public offer and defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.
WHAT'S NEXT? If you suffered a loss in Molecular Partners during the relevant time frame, you have until September 12, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.mysuncoast.com/prnewswire/2022/09/08/moln-lawsuit-alert-levi-amp-korsinsky-notifies-molecular-partners-ag-investors-class-action-lawsuit-upcoming-deadline/ | 2022-09-08T10:39:28Z |
CLEVELAND, Aug. 15, 2022 /PRNewswire/ -- The Industrial Distribution M&A market continues to see healthy deal flow despite current market uncertainty, according to an industry report released by the Industrial Distribution investment banking team from Brown Gibbons Lang & Company (BGL).
Access the BGL Industrials Insider: https://bit.ly/BGLIndDistInsider2022
In the report, BGL examines the current state of the M&A market as well as the overall market and near-term outlook. Distributors are navigating a choppy environment. Supply chains and sourcing remain impacted yet have improved, and inflation and pricing are top concerns. Labor constraints, which have spurred automation and efficiency, are easing. Distributors that have exhibited resilience are benefiting from portfolio and balance sheet strength to weather any volatility.
Brisk deal flow is indicative of broad investor interest across distribution subsectors and active participation from strategic and financial buyers.
- Strategic buyers cite active pipelines and are actively pursuing M&A to diversify portfolios and expand product, customer, and geographic markets. Motion Industries (Kaman Distribution Group) and Rexel (Mayer Electric) and are among the strategic buyers to recently announce large transactions.
- Nautic Partners' acquisition of Vallen Distribution was a headliner in private equity transaction activity, illustrative of continuing interest in deploying dry powder into well-run distribution businesses as growth platforms.
- Serial acquirers are continuing their buying sprees, with Core & Main, Winsupply, Ferguson, and SRS Distribution among the buyers aggressively seeking acquisitive growth.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company (BGL) is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public corporations and private equity groups on mergers and acquisitions, capital markets, financial restructurings, business valuations and opinions, and other strategic matters. BGL has investment banking offices in Chicago, Cleveland, Los Angeles, and New York, and real estate offices in Chicago, Cleveland, and San Antonio. The firm is also a founding member of Global M&A Partners, enabling BGL to service clients in more than 30 countries around the world. Securities transactions are conducted through Brown, Gibbons, Lang & Company Securities, LLC, an affiliate of Brown Gibbons Lang & Company LLC and a registered broker-dealer and member of FINRA and SIPC. For more information, please visit www.bglco.com
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SOURCE Brown Gibbons Lang & Company | https://www.mysuncoast.com/prnewswire/2022/08/15/bgl-industrials-insider-industrial-distribution-mampa-remains-active-amid-market-uncertainty/ | 2022-08-15T22:02:16Z |
Kansas Chamber recognizes business leaders as Chamber Champions
TOPEKA, Kan. (WIBW) - Three local business leaders have been recognized for their dedication with new Chamber Champion designations from the Kansas Chamber of Commerce.
The Kansas Chamber of Commerce says it honored three business leaders as 2022 Chamber Champions at its annual dinner in the capital city.
“Kansas Chamber members are committed to the Chamber’s mission of striving to improve the state’s economic climate for the benefit of every business and Kansan, and to safeguarding our system of free, competitive enterprise,” said Chamber President and CEO Alan Cobb. “However, there are some who go above and beyond that commitment with their time, energy, and investment in supporting our work. These Chamber Champions exemplify that commitment.”
The Chamber noted that Cobb and Chamber Chairman of the Board Chuck Grier presented the awards to:
- Shirley Martin-Smith, Adecco - She has been a member of the Kansas Chamber for nearly four decades and has served on the Board of Directors and Executive Committee for several years. Her leadership and insight have played a critical role in the success of Leadership Kansas as a member of the Board of Advisors and even helped build the program into what it is. She and her team at Adecco also partner with the Chamber to find perfect applicants for its team.
- Jim Echols, Renaissance Management and Training Solutions - He played an instrumental role in the start of the Kansas Minority Business Summit. The Chamber recently held its fourth summit in Garden city. Just in his first term on the Board of Directors, he also worked with those transitioning to life after prison and raised awareness about how “returning citizens” are an untapped source for workforce development.
- Mike Morgan, Koch Industries - He is a longtime member of the Board of Directors and Executive Committee. He played a key role in the development of the Chamber’s long-term strategic plan and has provided council and leadership to its government affairs, membership, communications and political affairs teams.
The Chamber said 2022 is the second year it has recognized Chamber Champions during its annual dinner.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/04/kansas-chamber-recognizes-business-leaders-chamber-champions/ | 2022-05-04T19:00:01Z |
BEIJING, July 28, 2022 /PRNewswire/ -- MMTEC, Inc. (NASDAQ Capital Market: MTC) ("MMTEC" or the "Company"), a China-based technology company that provides access to the U.S. financial markets, today announced that that on July 27, 2022, it received a letter from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("NASDAQ") confirming the Company has regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2). The Company regained compliance with NASDAQ's requirements when the closing bid price for the Company's common stock was at or above $1.00 for 10 consecutive business days and the matter is now closed.
About MMTEC, Inc.
Headquartered in Beijing, China, our Company develops and deploys a series of platforms, which comprise a business chain that enables Chinese language speaking hedge funds, mutual funds, registered investment advisors, proprietary trading groups, and brokerage firms to engage in securities market transactions and settlements globally. In 2020, the company used internally designed and built system with the US brokerage license and the Cayman fund management qualification to form a series of MOM funds, with the main goal of discovering small and medium-sized institutional investors and helping them set up the fund to issue securities fund products.
More information about the Company can be found at: www.haisc.com.
Forward-Looking Statements
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may", "will", "intend", "should", "believe", "expect", "anticipate", "project", "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Specifically, the Company's statements regarding its continued growth, business outlook, and other similar statements are forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission, including the Company's most recently filed Annual Report on Form 20-F and its subsequent filings. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the U.S. Securities and Exchange Commission, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
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SOURCE MMTEC, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/28/mmtec-inc-regains-compliance-with-nasdaq-minimum-bid-price-requirement/ | 2022-07-28T11:05:34Z |
Russia will take control of French car manufacturer Renault’s operations in the country and resurrect a Soviet-era auto brand, officials said Monday, marking the first major nationalization of a foreign business since the war in Ukraine began.
Renault said it would sell its majority stake in Avtovaz, a Russian car company best known for its Lada brand, to a state-run research institute known as NAMI.
Renault’s other Russia operations, primarily a factory in Moscow, will be sold to the Moscow city government. The mayor of the Russian capital, Sergei Sobyanin, said the city would bring back the Moskvich brand for cars made at the factory. Moskvich was a major auto brand in the Soviet Union but went into steep decline in the 1990s and vanished from the market in the early 2000s.
“Today, we have taken a difficult but necessary decision,” Renault CEO Luca de Meo said in a statement, “and we are making a responsible choice towards our 45,000 employees in Russia, while preserving the Group’s performance and our ability to return to the country in the future, in a different context.”
Renault didn’t give any financial details of its sales but said the deal included an option to buy back the Avtovaz stake in the next six years. Trade and Industry Minister Denis Manturov indicated last month to Russian media that the Avtovaz deal could be conducted for a symbolic one ruble.
Ministry official Denis Pak told state TV that the deal allows Avtovaz to keep making Renault’s Duster passenger car design, now badged as a Lada, and that the new Moskvich operation was likely to produce cars this year.
Selling gets Renault out of a bind that Western companies are facing as they determine whether to pull out of Russia and weather the hit to their income. But continuing to work in Russia after the invasion could risk damaging corporations’ reputations with customers. With an eye on avoiding unemployment, the Russian government has been urging reluctant foreign investors to either resume operations or sell to someone who will.
Renault’s announcement came the same day McDonald’s said it is moving to sell its Russian business, which includes 850 restaurants that employ 62,000 people. The fast food giant did not name a prospective Russian buyer but said it would seek one that will hire its workers and pay them until the sale closes.
The new Russian owners taking over Renault’s operations will have to grapple with a shortage of imported components for cars, especially electronics. The Russian auto-making sector is heavily dependent on international supply chains that have been disrupted by sanctions over the war, while getting deliveries from abroad has become more difficult and expensive.
The NAMI research institute has some experience developing luxury cars used by Russian leaders, including President Vladimir Putin, but on a much smaller scale than the sprawling Soviet-era Avtovaz plant, where Russian and foreign investors have for decades struggled to make mass-market cars profitably.
Nearly half a million vehicles were sold in Russia last year under Renault and Avtovaz brands.
Sobyanin, the Moscow mayor, outlined ambitious plans for the resurrected Moskvich brand on his blog, saying it would start with traditional engines but produce “in the future, electric cars,” in a partnership with Russian truck manufacturer Kamaz.
Sobyanin said the city was motivated by keeping jobs but stopped short of ruling out staff cuts, saying only that “we will try to keep the majority of the personnel working directly at the plant and for its subcontractors.” | https://cw33.com/business/ap-business/french-carmaker-renault-to-sell-russian-operations-to-moscow/ | 2022-05-17T14:25:04Z |
A pro-Democratic super PAC is accusing the Federal Election Commission of allowing former President Donald Trump “to continue violating the law” by dragging its feet over a complaint concerning Trump’s teasing of a future White House bid.
In a federal lawsuit filed Wednesday and provided in advance to The Associated Press, American Bridge asks a federal judge to compel the commission to take action on its complaint that argues Trump should have been obligated to file a candidacy intent statement within 15 days of receiving contributions or making any expenditure over $5,000.
In March, the group accused Trump of violating federal campaign laws by raising and spending money for a run without officially filing his candidacy — on activities including “payments for events at Trump properties, rallies featuring Mr. Trump … and digital advertising about Mr. Trump’s events and his presumptive 2024 opponent.”
American Bridge is a super political action committee, which means it can raise and spend money but cannot contribute directly to or coordinate with any particular candidate. This group wrote in the lawsuit, filed in Washington, that the commission’s delay is forcing it “to spend more money to level the playing field for a Democratic candidate who has fallen behind against a law-breaking Republican candidate.”
A commission spokesperson on Wednesday declined to comment on the complaint, citing federal law that “requires confidentiality” on enforcement matters until they are resolved.
The FEC has often been criticized as ineffective and slow in handling disputes. The six commissioners — three Democrats and three Republicans — frequently stalemate along party lines, resulting in dismissals of cases.
Last year, the deadlocked commission dropped its inquiry into whether Trump violated campaign finance laws by allegedly instructing his personal lawyer to pay porn actress Stormy Daniels $130,000 in hush money to stay quiet before the 2016 election about a sexual relationship they are alleged to have had. In February, the FEC opted not to hold Trump accountable for “soft money” violations that his campaign had previously acknowledged.
American Bridge, in alleging that Trump has already decided to mount a 2024 campaign, has argued the former president “has played footsie” with federal campaign laws, even citing them as reasons for his opaque statements about his intentions. In a recent interview, Trump told New York Magazine that he had already made up his mind about a run, and that the question he was now mulling was whether he’d pull the trigger before or after the November midterm elections.
“Do I go before or after? That will be my big decision,” he said.
Trump aides and allies widely expect him to mount a third presidential run and have been discussing preparations, but they remain divided about when he should make an announcement.
Representatives for Trump didn’t immediately respond to an email message seeking comment Wednesday. Taylor Budowich, a Trump spokesperson, has previously said that American Bridge’s complaint was without merit and accused Democrats of resorting to “cheap gimmicks.”
Because the commission didn’t act on its complaint within 120 days, American Bridge argues that federal election law now permits the group to bring its own civil action against Trump. In addition to giving Trump “a competitive advantage” over potential opponents due to not having to disclose his expenditures, the group argues the commission’s inaction “will only encourage other candidates to evade the requirements of the campaign finance system.”
The process over alleged violations of the “testing the waters” law can take years to unfold. A judge could rule in American Bridge’s favor and order the FEC to take up the complaint. If the commission still didn’t act, American Bridge could sue again, asking a judge to decide the merits of its initial complaint. Similar cases from election cycles past are still winding their way through the courts.
Trump has been teasing the prospect of another run since even before he left office. He has alluded to his plans in nearly every appearance and interview of his post-presidency, telling conservative hosts and Trump-friendly audiences that he is waiting because officially announcing his run would trigger campaign finance laws.
“We may have to run again,” Trump said in South Carolina in March, as he campaigned for two Republican U.S. House candidates. “In 2024, we are going to take back that beautiful, beautiful White House. I wonder who will do that. I wonder. I wonder.”
___
Meg Kinnard can be reached at http://twitter.com/MegKinnardAP.
___
Associated Press writers Jill Colvin in New York and Brian Slodysko in Washington contributed to this report. | https://cw33.com/business/ap-business/suit-faults-fec-for-inaction-on-trumps-teasing-of-2024-run/ | 2022-07-20T23:18:26Z |
Teams from JA of Wisconsin and JA of Northwestern Ohio Receive Honors.
COLORADO SPRINGS, Colo., June 7, 2022 /PRNewswire/ -- Three teams of Junior Achievement students representing JA of Wisconsin and JA of Northwestern Ohio have been selected as first-, second-, and third-place honorees at the national JA Titan® National Virtual Competition. A total of 29 teams from across the country participated in the competition.
The competition, which is made possible through the support of Janus Henderson Investors, is a national competition in which high school students compete as business CEOs in the phone industry, experiencing firsthand how an organization evaluates alternatives, makes decisions, analyzes the outcomes of those decisions, and then strategizes what to do next. Student teams from across the United States competed for the chance to win prizes and be named the JA Titan® of Business. The JA Titan® National Virtual Competition took place on May 18 and 19, 2022. Prizes were awarded to the three top performing teams.
The winning teams are:
- 1st Place: JA Titan® of Business, JAWIS3, JA of Wisconsin
- 2nd Place: Tragic Tornadoes, JA of Northwestern Ohio
- 3rd Place: Tiffin Money Makers, JA of Northwestern Ohio
With a focus on financial literacy and insights into the workforce, JA Titan® brings business economics to life. As students work in teams, or on their own, to make financial decisions about production, marketing, research and development (R&D), and corporate social responsibility (CSR), they begin to see how every choice made in an organization relates to its future success.
Junior Achievement is the world's largest organization dedicated to giving young people the knowledge and skills they need to own their economic success, plan for their future, and make smart academic and economic choices. JA programs are delivered by corporate and community volunteers, and provide relevant, hands-on experiences that give students from kindergarten through high school knowledge and skills in financial literacy, work readiness, and entrepreneurship. Today, JA reaches more than 2.5 million students per year in 103 markets across the United States as part of 10 million students served by operations in 100 other countries worldwide. Junior Achievement USA is a member of JA Worldwide. Visit www.ja.org for more information.
Janus Henderson Group (JHG) is a leading global active asset manager dedicated to helping investors achieve long-term financial goals through a broad range of investment solutions, including equities, fixed income, quantitative equities, multi-asset and alternative asset class strategies.
As of March 31, 2022, Janus Henderson had approximately US$361 billion in assets under management, more than 2,000 employees, and offices in 23 cities worldwide. Headquartered in London, the company is listed on the New York Stock Exchange (NYSE) and the Australian Securities Exchange (ASX)
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SOURCE Junior Achievement USA | https://www.wibw.com/prnewswire/2022/06/07/junior-achievement-announces-winners-ja-titan-national-virtual-competition/ | 2022-06-07T18:43:19Z |
Getting COVID twice in 3 months? CDC reports it is happening
Published: Apr. 7, 2022 at 4:18 PM CDT|Updated: 1 hour ago
(CNN) - A recent study found it’s possible to get COVID twice in less than three months.
The Centers for Disease Control and Prevention identified 10 people who had this happen. They were initially infected with the delta variant and then reinfected with omicron.
Researchers used genome sequencing to confirm which virus variants sickened each person.
The shortest interval between reinfection was 23 days, and most of the patients were not vaccinated.
According to the CDC, people who get over COVID are typically immune from becoming reinfected for about six months. But immunity appears to change when it comes to other variants.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/04/07/getting-covid-twice-3-months-cdc-reports-it-is-happening/ | 2022-04-07T22:34:43Z |
PHOENIX, July 11, 2022 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and infrastructure solutions, today announced it will report its second quarter ended June 30, 2022, financial results on Thursday, August 4, 2022. On that day, Nikola's management will hold a conference call and webcast at 9:30 a.m. ET (6:30 a.m. PT) to review and discuss the company's business and outlook.
To augment Nikola's engagement with its shareholders and strengthen communication with investors, Nikola will utilize a Q&A platform developed by Say Technologies to allow retail and institutional investors to submit and upvote questions.
Verified retail and institutional shareholders will be able to submit and upvote questions. Management will address a selection of the questions relating to Nikola's business and financial results on the earnings call. The platform will open on July 25 at 8 a.m. ET (5 a.m. PT) and close on August 2 at 11:59 p.m. ET (8:59 p.m. PT). To submit questions, please visit https://app.saytechnologies.com/nikola-2022-q2.
What: Date of Nikola Q2 2022 Financial Results and Q&A Webcast
When: Thursday, August 4, 2022
Time: 9:30 a.m. ET (6:30 a.m. PT)
Webcast: https://nikolamotor.com/investors/news?active=events (live and replay)
An archived webcast of the conference call will be accessible from the Investor Relations section of the company's website https://nikolamotor.com/investors/news?active=events.
ABOUT NIKOLA CORPORATION:
Nikola Corporation is globally transforming the transportation industry. As a designer and manufacturer of zero-emission battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen station infrastructure, Nikola is driven to revolutionize the economic and environmental impact of commerce as we know it today. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. For more information, visit www.nikolamotor.com or Twitter @nikolamotor.
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SOURCE Nikola Corporation | https://www.mysuncoast.com/prnewswire/2022/07/11/nikola-corporation-announces-date-second-quarter-2022-results-webcast-qampa-platform-shareholders/ | 2022-07-11T22:24:15Z |
ICARO Chairman & CEO Paul Feller Featured in The Silicon Review's June Special Edition 2022
NEW YORK, June 16, 2022 /PRNewswire/ -- ICARO™ Media Group, a leading Artificial Intelligence-Driven Media Technology Company for Global Telecoms and Media Broadcast Companies, has been selected by The Silicon Review, the world's most trusted online and print community for business & technology professionals, as one of the "5 Best Tech Media Companies to Watch 2022."
As the world's most trusted online and print community for business & technology professionals, The Silicon Review's community members include thought-provoking CEOs, CIOs, CTOs, IT VPs, managers, and countless IT professionals.
This recognition by The Silicon Review is an acknowledgement of ICARO's unique value proposition in the digital content space through its AI-powered direct-to-consumer products, with an addressable audience of over 220 million subscribers under contract in over 25 countries in LATAM, North America, and Europe. ICARO products support global telecoms and broadcast partners, with expansion underway into the technology sectors of fiber networks, subscription-based media, linear TV, and live entertainment.
"It's an incredible honor for ICARO Media Group to be recognized for our achievements in this way," stated Paul Feller, Chairman & CEO of ICARO Media Group. "We've spent the past several years developing a host of truly innovative products and solutions in our mission to become a globally-established leader in the AI-driven digital content space, and to be acknowledged by our peer community in The Silicon Review is extremely gratifying. I couldn't be prouder of the ICARO team for their tireless work in getting us to this point, and I can't wait to see how far we'll go from here."
You can read the article ICARO Media Group AI-Powered Media Technology Empowering Global Telecoms and Media Broadcast Companies here: https://thesiliconreview.com/magazine/profile/icaro-media-ai-powered-media-technology/
ICARO empowers Global Telecoms, Media Companies and Broadcast television networks, with over 220M subscribers under contract in LATAM, Europe and North America, to create personalized content offerings and digital experiences for their customers. Through both its SaaS platform and AI-powered direct-to-consumer products, ICARO gives media companies and global telcos the ability to grow revenues, build audience, and access turnkey solutions to stay competitive in an evolving media and technology marketplace. The ICARO platform features include access to a premium content library in several languages, international content distribution solutions, advanced geofencing controls, e-commerce integrations, advertising integrations, multimedia management and curation tools, metadata enhancement and optimization, channels and playlists, and video management and hosting. ICARO's platforms support multi-language digital content to a growing list of publishers, telco partners and media groups. ICARO is headquartered in New York, with international offices located in Los Angeles, São Paulo, Mexico City, Toronto, Rome, Boca Raton and London. For more information, please visit www.icaromediagroup.com.
Forward-Looking Statements: Statements in this press release relating to plans, strategies, projections of results, and other statements that are not descriptions of historical facts may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and the Securities Act of 1934. Forward-looking information is inherently subject to risks and uncertainties, and actual results could differ materially from those currently anticipated due to a number of factors. Although the company's management believes that the expectations reflected in the forward-looking statements are reasonable, the company cannot guarantee future results, performance or achievements. The company has no obligation to update these forward-looking statements.
Contact: press@icaromediagroup.com
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SOURCE ICARO Media Group | https://www.kxii.com/prnewswire/2022/06/16/icaro-media-group-recognized-among-5-best-tech-media-companies-watch-2022/ | 2022-06-16T13:32:56Z |
Alleged shooter at Miss. festival believed to be killed by officer
JACKSON, Miss. (WLBT) - After several gunmen opened fire during the Mississippi Mudbug Festival, one person was killed and several others injured. One of the alleged shooters is believed to have been killed in an officer-involved shooting.
Hinds County Sheriff Tyree Jones said an officer is believed to have killed one of the alleged shooters at the Mississippi Mudbug Festival on Saturday night, WLBT reports.
“We believe... that the victim that is deceased was actively involved in the incident that was reported regarding the gunfire,” Jones said. “I will not reveal the name or the agency the officer is affiliated with. That is something that will come out... at a later date.”
Dozens of law enforcement officers from multiple agencies responded to the Mississippi Fairgrounds after shooters opened fire near the Mississippi Trade Mart around 10 p.m.
At least six people were shot, including the deceased.
Four people were transported to the University of Mississippi Medical Center for treatment. Jones said in a Tweet early Sunday morning that all victims “appear to be stable at this time and don’t appear to be directly involved in the shooting or circumstances that led to the shooting.”
“We are still checking other hospitals to see if other individuals had been shot and were transported by private vehicles to other hospitals as well,” Jones said.
Jones spoke to the press around midnight in front of the OYO hotel. He was unsure what led to the shooting and said more details will likely come out during the course of the investigation.
“There was an exchange of gunfire between at least two to three individuals in and around (a) vehicle at this location. During the course of the exchange, at least one of these individuals fired multiple rounds, multiple shots, toward the midway area of the event that was in progress,” he said. “We do not believe there was anybody else injured along the midway during the course of this gunfire.”
Rides were shut down shortly after the shooting occurred, and patrons were forced to leave. Entry and exit points leading to the fairgrounds were eventually shut off to the public.
“Law enforcement was on the scene. They responded, and at some particular point, they were able to detain at least two individuals along with at least one vehicle right now that we believe to be involved in this incident as well,” Jones said.
Jones said the individuals detained are juveniles.
Two rifles, one pistol and a “large magnitude of different-caliber shell casings” also were recovered.
During the course of the investigation, the sheriff said it was determined that a law enforcement officer also opened fire, shooting and killing one of the potential shooters.
“It’s very devastating and tragic,” Jones said. “This is what is to be considered a family-oriented event, for families from all different walks of life to come to a common location to enjoy entertainment and enjoy food... You have the reckless behavior of individuals with no regard for the lives and safety of those attending the event, and I think it is a very (cowardly) and selfish act.”
The sheriff was unsure if the event would continue Sunday, telling media it would be up to event organizers and the Mississippi State Fair Commission.
The Mississippi Bureau of Investigation has been called in to help with the case.
Jones is urging anyone with additional information to contact their local law enforcement agency.
“We will find out exactly what happened,” he said. “We will find out who’s all involved, and they should be held accountable for this very reckless incident that occurred here tonight.”
Copyright 2022 WLBT via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/01/one-dead-several-injured-after-shootout-mississippi-festival/ | 2022-05-01T08:32:51Z |
Practice Management Hub Offers Advisors Actionable Tools and Advice
OAKS, Pa., July 27, 2022 /PRNewswire/ -- SEI® (NASDAQ: SEIC) today announced the launch of Growth Lab, a practice management hub featuring tools and extensive resources that help independent advisors deliver more value—and a complete experience—for their clients.
Today, the Growth Lab focuses on four central practice management themes: foundations for growth, lead generation, opportunity conversion, and scaling with technology. The digital hub is designed as an on-demand experience for advisors, with actionable tools and video instruction that allow an advisor to seamlessly implement ideas into their practice.
Shauna Mace, Head of Practice Management for SEI's advisor business, said:
"Delivering actionable practice management is a core tenet of helping independent advisors build brave futuresSM. We developed the Growth Lab to allow advisors to focus on what's important to them: connecting clients to what matters most and growing their practices. We're committed to helping advisors and their teams deliver a connected and personalized experience that ultimately helps power wealth, build community, and protect futures."
The Growth Lab will expand as new content is added to help meet advisors' evolving needs and interests. Additionally, SEI will introduce growth communities for SEI advisor clients. These peer-to-peer communities will provide independent advisors with forums to exchange thought leadership, business ideas, and lessons learned. SEI will also share proprietary research and advice within these communities.
Growth Lab is available to all advisors.
SEI (NASDAQ:SEIC) delivers technology and investment solutions that connect the financial services industry. With capabilities across investment processing, operations, and asset management, SEI works with corporations, financial institutions and professionals, and ultra-high-net-worth families to solve problems, manage change and help protect assets—for growth today and in the future. As of June 30, 2022, SEI manages, advises, or administers approximately $1.3 trillion in assets. For more information, visit seic.com.
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SOURCE SEI Investments Company | https://www.wibw.com/prnewswire/2022/07/27/sei-launches-growth-lab/ | 2022-07-27T14:08:21Z |
Family matriarch, 81, and her son and daughter all found shot and killed in house
By Charlie De Mar, Mugo Odigwe, Suzanne Mignot, Kris Habermehl
Click here for updates on this story
CHICAGO (WBBM) — An 81-year-old woman and her daughter and son, both in their 60s, were found shot to death Tuesday afternoon inside a house in the Morgan Park neighborhood.
As CBS 2’s Charlie De Mar reported, the Riley family was torn apart Monday night. They remained on the scene outside the house in the 11300 block of South Green Street at 10 p.m. along with police, who had been investigating for five hours by then.
The matriarch of the family, Arteria Riley, was found dead in the home along with her two adult children. We are told the family had been living in the neighborhood for decades.
As investigators made their way through the home, they made one gruesome discovery after another.
The Fire Department was called to the scene to do a welfare check around 3:30 p.m. and found the bodies.
“I have no words,” a dispatcher is heard saying over police radio. “You can’t make this stuff up. It’s like a movie.”
Police said Mrs. Riley was found shot in the right side of the head on the first floor. As investigators made their way upstairs, they found the bodies of her daughter Thomas Riley, 64, with gunshot wounds, and Thomas Riley’s younger brother, Rueben Riley. The sister and brother were both shot in the right side of their torsos.
Thomas Riley’s daughter had come to the home Tuesday afternoon after getting a call that she had not shown up for work, according to a police report.
She had last spoken to her mother Monday evening, and went to the home with two other relatives to try to get inside, but found the doors locked. They were able to get into the house through a bathroom window, and found Arteria Riley’s body, and immediately called 911, according to the police report.
Apparently, whoever was responsible for the killings tried concealing Rueben Riley’s body.
“We actually just located him. He was hidden under some coats and like a half a bed, and a dresser that was flipped on top of him,” an officer is heard saying over police radio.
Investigators spent much of the afternoon going door-to-door, talking with neighbors to find out if they saw anything and asking for surveillance video.
Area Two detectives are conducting a homicide investigation. As of Wednesday afternoon, no arrests had been made. Police are looking for a silver 2008 Chevy Trailblazer that was taken from the home.
CBS 2’s De Mar did talk with some family members, but late Tuesday, they were looking for privacy.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/news/2022/04/06/family-matriarch-81-and-her-son-and-daughter-all-found-shot-and-killed-in-house/ | 2022-04-06T21:12:24Z |
NEW YORK, April 1, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Cabaletta Bio, Inc. (NASDAQ: CABA).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/cabaletta-bio-inc-loss-submission-form/?id=25393&from=4
This lawsuit is on behalf of persons and entities that purchased or otherwise acquired: (a) Cabaletta common stock pursuant and/or traceable to documents issued in connection with the Company's initial public offering conducted on or about October 24, 2019; and/or (b) Cabaletta securities between October 24, 2019 and December 13, 2021, both dates inclusive.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until April 29, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Cabaletta Bio, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) top-line data of the Phase 1 Clinical Trial indicated that Cabaletta's lead product candidate, DSG3-CAART, had, among other things, worsened certain participants' disease activity scores and necessitated additional systemic medication to improve disease activity after DSG3-CAART infusion; (ii) accordingly, DSG3-CAART was not as effective as the Company had represented to investors; (iii) therefore, the Company had overstated DSG3-CAART's clinical and/or commercial prospects; and (iv) as a result, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.mysuncoast.com/prnewswire/2022/04/01/caba-shareholder-alert-jakubowitz-law-reminds-cabaletta-shareholders-lead-plaintiff-deadline-april-29-2022/ | 2022-04-01T11:24:07Z |
Job fair looking fill more than 200 positions
Published: Sep. 13, 2022 at 6:32 AM EDT|Updated: 8 minutes ago
SARASOTA, Fla. (WWSB) - More than a dozen companies looking to fill more than 200 openings will be gathered in Sarasota Tuesday morning for a job fair.
The fair, from 10 a.m. to 1 p.m., will be held at the Hampton Inn Conference Center, 975 University Parkway.
The participating employers have openings in customer service, groundskeeping, law enforcement, medical and nursing, sales, professional, banking/financial, manufacturing, customer service, warehouse, and education.
Featured employers are Racetrac, Bankers Life, GATE Petroleum and Amazon.
For more info, visit FloridaJoblink.com.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/09/13/job-fair-looking-fill-more-than-200-positions/ | 2022-09-13T10:43:40Z |
Sharon “Memaw” Cruz
Sharon “Memaw” Cruz, age 71 of Temple, passed from this life Wednesday, March 30, 2022, at Baylor Scott & White Hospital in Temple. Visitation and services will be held Sunday, April 3, 2022, at Harper-Talasek Funeral Home in Temple, with a visitation starting at 5 pm and a Holy Rosary recited at 6 pm.
Sharon was born on February 24, 1951, to Jerry and Ola Fern Turner Pitrucha in Rosebud, Texas. She attended Temple College and was a nurse and x-ray technician. Sharon was a fun and loving person. She left this Earth too soon. She loved to make others laugh, as well as herself. She has left a huge impact on everyone she has met. Some of her favorite pastimes were spending time at the casino, attending her grandchildren’s life events, and being in everyone’s business on Facebook. She was a loving wife, mother, Memaw, and friend. She made a beautiful and comedic impact on this world.
Sharon is preceded in death by her parents; brothers, Jerry, Otto, Raymond, Donald Wayne, and Jeff; sisters, Sue, and Mary; and son, David Wayne Halunka.
She is survived by her husband of 37 years, Theodore Cruz; brother, Buck Pitrucha; stepsons, T.J. and wife, Cecilia, and Jim Michael and wife, Marie; daughters, Melissa, Dee Anna and husband, Duke, and Shelly and husband, Jeremy; stepdaughter, Natalie; 20 grandchildren; and 18 great grandchildren.
Paid Obituary | https://www.tdtnews.com/obituaries/article_b684619e-b125-11ec-b418-f36adec533f2.html | 2022-04-01T11:49:12Z |
INDIANAPOLIS (AP) — NCAA President Mark Emmert is stepping down after 12 tumultuous years leading an association that has become increasingly marginalized while college sports has undergone massive changes and been besieged by political and legal attacks.
NCAA Board of Governors Chairman John DeGioia announced the move Tuesdayand said it was by mutual agreement. The 69-year-old Emmert will continue to serve in his role until a new president is in place or until June 30, 2023.
The move is not entirely a surprise. The NCAA remains the biggest governing body in college athletics, but it is has been under sharp criticism for years as too heavy handed and even out of date with Emmert serving as the prime target.
Emmert has guided the NCAA through the most transformative period in the history of the more than 100-year-old organization. During the past decade, athletes have gained more power, benefits and ability to earn money than ever before. Amateurism has been redefined.
But Emmert has been viewed by some as not a catalyst for change but as an obstacle standing in the way — or at the least reactive instead of proactive.
“Throughout my tenure I’ve emphasized the need to focus on the experience and priorities of student-athletes,” Emmert said in a release from the NCAA. “I am extremely proud of the work of the association over the last 12 years and especially pleased with the hard work and dedication of the national office staff here in Indianapolis.”
The announcement comes one year after the board approved a contract extension for Emmert that ran through the 2025, a move that left many in college sports bewildered.Emmert’s salary was nearly $3 million in 2021.
The NCAA has suffered a series of damaging court losses in the past decade that peaked with last year’s 9-0 Supreme Court ruling against the association in an antitrust case. The decision undercut the NCAA’s ability to govern college sports and prompted a total overhaul how it operates.
Years after losing an antitrust case over the NCAA’s use of athletes’ names, images and likenesses, the association finally changed its rules last June to allow the athletes to profit as paid sponsors and endorsers. The move came only after state lawmakers passed laws to neuter the NCAA’s power. With Congress unwilling to provide federal protection, the NCAA has been unable to regulate NIL activity with uniform rules — leading to fresh criticism.
Emmert has been called before lawmakers in Washington numerous times over the past two years. Attacking Emmert and the NCAA has become one of the few things that has united Democrats and Republicans during these divisive political times.
Emmert was appointed to the job in April 2010. He had led the University of Washington and LSU prior to taking over in Indianapolis. He replaced Myles Brand, who held the position for seven years before dying of cancer in 2009.
The job Emmert stepped into became increasingly more difficult as big-time college sports such as major college football and basketball grew into billion-dollar businesses.
NCAA revenue has reached more than $1 billion per year under Emmert, primarily through the TV deals for the men’s college basketball tournament, and most of the money is redistributed to more than 1,100 member schools with nearly 500,000 athletes.
Still, the disparity between what the wealthiest schools bring in compared to what the vast majority of schools spend on athletics has made it difficult for them all to coexist under one umbrella organization.
NCAA member schools adopted a new constitution in January and are in the process of “transforming the structure and mission to meet future needs.”
“With the significant transitions underway within college sports, the timing of this decision provides the association with consistent leadership during the coming months plus the opportunity to consider what will be the future role of the president,” DeGioia said. “It also allows for the selection and recruitment of the next president without disruption.”
In a lengthy interview with AP in August, just months after being hammered by criticism for the NCAA’s inability to provide equitable facilities and amenities for the men’s and women’s basketball players participating in the Division I tournaments, Emmert said he was still passionate about the mission of a leading college sports during volatile times.
“And I’m not surprised that people say, ‘You know, why isn’t this getting fixed? What’s Emmert doing?’” he told AP. “And people also, they want to look to somebody and say, ‘Well, fix this, damn it!’ And I get that. I understand. And I say it in the mirror sometimes. But the truth is, it’s a very complex system. I think we do need to find ways to fix that and streamline it.”
___
Follow Ralph D. Russo at https://twitter.com/ralphDrussoAP and listen at http://www.appodcasts.com
___
More AP college football: https://apnews.com/hub/college-football and https://twitter.com/AP_Top25. | https://cw33.com/sports/ap-sports/ncaa-president-mark-emmert-stepping-down-no-later-than-2023/ | 2022-04-27T13:46:30Z |
NOVI, Mich., Sept. 12, 2022 /PRNewswire/ -- Hinduja Tech (HT), an integrated Product Engineering and Digital Technologies Solutions provider for the e-mobility industry, is participating in 'The Battery and Electric Technologies Trade Show, North America', 2022, between September 13 – 15 at the Suburban Collection Showplace, Novi, MI.
Visit Hinduja Tech at booth #1160 to discover its end-to-end services & solutions for Electric Vehicle Development and Battery Integration Capabilities.
Hinduja Tech will showcase case studies and solutions for Battery Module Packaging & Integration involving the sub-systems like Mechanical, Electrical, Electronics, Thermal, and Hardware & Embedded Software. HT's cutting-edge Thermal Management & Simulation supports OEMs and Tier-1s in packaging and integrating the battery pack efficiently with the electric powertrain. Hinduja Tech's Cost Engineering & Sourcing team is also well-positioned to support through their established databases and processes. With 700+ Quality-Certified Supply Chain Partners, HT supports OEMs and Tier-1s through its frugal 'design to cost' process in identifying the right suppliers with robust manufacturing quality yet at a reduced cost.
"Hinduja Tech aims for a global leadership position in e-mobility by providing innovative and accurate engineering solutions. With over a dozen portfolios of end-to-end EV programs for a range of vehicle applications, the automotive clients can expect answers to many first-time complex engineering questions such as Optimum Battery Tray Design or Optimized Battery Disconnect Unit arising from Electrification," stated Vijay Malik, President - Americas and Global Marketing, Hinduja Tech.
About The Battery Show
The Largest 'Battery and Electric Vehicle Technologies Trade Show' in North America brings together engineers, business leaders, top-industry companies, and innovative thinkers to discover ground-breaking products and create powerful solutions for the future. This platform provides the opportunity to Discover, Upgrade and Connect with leading industry experts in the automotive electrification space. This year, the show will look forward to 10,000+ attendees, 750+ suppliers, and 150+ speakers.
About Hinduja Tech
Hinduja Tech, part of the multi-billion-dollar Global Business Conglomerate, Hinduja Group, is the integrated Product Engineering and Digital Technologies Solutions provider for the mobility industry with a global delivery model. Hinduja Tech is committed to accelerating its client's journey towards sustainable profitable innovation.
As a partner of choice, Hinduja Tech works with leading automotive organizations (OEMs & Tier-X Suppliers) and disruptive mobility players in the US, Mexico, Canada, India, the UK, Germany, Japan, China, and Romania.
Hinduja Group, headquartered in the UK, has a presence in over 38 countries and employs a total of 200,000 people. Hinduja Group has a significant presence in Commercial Vehicle Engineering & Manufacturing verticals.
Website: https://hindujatech.com
Photo: https://mma.prnewswire.com/media/1896345/Hinduja_Tech.jpg
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SOURCE Hinduja Tech | https://www.mysuncoast.com/prnewswire/2022/09/12/hinduja-tech-showcases-its-end-to-end-ev-development-expertise-the-battery-electric-technologies-trade-show-north-america-2022/ | 2022-09-12T15:09:47Z |
New fourth fare adds more flexibility and amplifies benefits of current fares
DALLAS, May 17, 2022 /PRNewswire/ -- Southwest Airlines Co. (NYSE: LUV) today announces the launch of Wanna Get Away Plus™, a new fare product that adds more flexibility, options, and rewards to the carrier's fare lineup. Customers can now book a Wanna Get Away Plus fare for all travel on Southwest.com and the Southwest Airlines® app.
"As travelers increasingly return to the sky, we know that added flexibility and greater choice is more important to our Customers than ever before," said Jonathan Clarkson, Vice President of Marketing, Loyalty, & Products for Southwest Airlines. "With Wanna Get Away Plus, we're thrilled to offer a new low-fare product that enhances Southwest's fare lineup and provides more options for our Customers, while maintaining all of the benefits our Customers know and love about our existing fares, and even adding some new ones."
More Flexibility
In addition to the benefits offered on all Southwest fares, including two free checked bags1, no change fees2, and free TV/movies/messaging3, Wanna Get Away Plus offers transferable flight credit, a new benefit that enables Customers to transfer an eligible unused flight credit to another traveler for future use.4
Wanna Get Away Plus provides more flexibility through same-day confirmed change and same-day standby5, allowing Customers to make same-day changes to a flight with no price difference in the base fare. Additionally, Customers have more earning power than Wanna Get Away fares with 8X Rapid Rewards® points.
More Perks
Southwest is also enhancing benefits to its Anytime and Business Select® fares. These fares now have the same transferable flight credit benefit as Wanna Get Away Plus, and Anytime fares now gain EarlyBird Check-In6, Priority Lane7, and Express Lane8 benefits. Tier Members (A-List /A-List Preferred Customers) now receive same-day confirmed change in addition to same-day standby9.
And that's not all. Customers who previously purchased tickets for travel on or after May 17, 2022, experience the new benefits too. This means all Business Select and Anytime tickets automatically receive these perks, and Wanna Get Away® ticket holders can now upgrade to Wanna Get Away Plus10.
Check out Southwest's new fare lineup at Southwest.com/WannaGetAwayPlus.
- Weight and size limits apply
- Fare difference may apply
- (Available only on WiFi-enabled aircraft. Limited-time offer. Where available. Only allows access to iMessage and WhatsApp (must be downloaded before the flight. Due to licensing restrictions, on WiFi-enabled flights, Free Live TV and iHeartRadio may not be available for the full duration of the flight.)
- Both must be Rapid Rewards Members and only one transfer is permitted. The expiration date is up to12 months from the date the ticket was booked. For bookings made through a Southwest™ Business channel, there is a limitation to transfer only between employees within the organization.
- Same-day change/Same-day standby: For same-day changes, a confirmed seat, if there's an open seat on a different flight on the same day as your original flight and it's between the same cities, you can book a confirmed seat on the new flight free of airline charges. If there isn't an open seat, ask a Southwest Gate Agent to add you to the same-day standby list. If there are any government taxes and fees associated with these itinerary changes, you will be required to pay those. Your original boarding position is not guaranteed. For both the same-day change and same-day standby benefits, you must change your flight or request to be added to the same-day standby list at least 10 minutes prior to the scheduled departure of your original flight or the no-show policy will apply.
- For Anytime fares purchased between 36 and 24 hours, the boarding position assignment process has begun so this may impact the boarding position assigned to you. Benefit not available if flight departure is within 24 hours of your flight's scheduled departure. In an irregular operation situation, the boarding position is not guaranteed.
- Where available.
- Where available
- If there's an open seat on a different flight that departs on the same calendar day as your original flight and it's between the same cities, you can get a seat on the new flight free of airline charges. If there isn't an open seat on this different flight, you can ask a Southwest Gate Agent to add you to the same-day standby list for a flight between the same city pairs that departs on the same calendar day prior to your originally scheduled flight, and you will receive a message if you are cleared on the flight. For both the same-day change and same-day standby benefits, you must change your flight or request to be added to the same-day standby list at least 10 minutes prior to the scheduled departure of your original flight or the no show policy will apply. Based on the flight status contact preference selected during booking, the message regarding your standby status will be an email or text message with a link to access the boarding pass via the Southwest App, mobile web, or you can visit a Southwest Gate Agent to print off the boarding pass. If there are any government taxes and fees associated with these itinerary changes, you will be required to pay those. Your original boarding position is not guaranteed. Important: These benefits are available only by seeing a Southwest Gate Agent or calling 1-800-FLY-SWA. If you change your flight through any other channel or to a flight that does not meet the requirements outlined above, you will be responsible for the difference in price. If an A-List or A-List Preferred Member is traveling on a multiple-Passenger reservation, same-day standby and same-day change will not be provided for non-A-List or non-A-List Preferred Members in the same reservation. For A-List and A-List Preferred Members who have also qualified for a Companion Pass®, A-List and A-List Preferred benefits are not available to the Companion unless the Companion is also an A-List or A-List Preferred Member.
- A fare difference will apply.
ABOUT SOUTHWEST AIRLINES CO.
Southwest Airlines Co. operates one of the world's most admired and awarded airlines, offering its one-of-a-kind value and Hospitality at 121 airports across 11 countries. In its 50th Anniversary in 2021, Southwest took flight in 1971 to democratize the sky through friendly, reliable, and low-cost air travel and now carries more air travelers flying nonstop within the United States than any other airline1. Based in Dallas and famous for an Employee-first corporate Culture, Southwest maintains an unprecedented record of no involuntary furloughs or layoffs in its history. By empowering its nearly 59,000 2 People to deliver unparalleled Hospitality, the maverick airline cherishes a passionate loyalty among as many as 130 million Customers carried a year. That formula for success brought industry-leading prosperity and 47 consecutive years3 of profitability for Southwest Shareholders (NYSE: LUV). Southwest continues to develop tangible steps toward an environmental sustainability goal of achieving carbon neutrality by 2050, including offering an opportunity for Customers to contribute toward helping Southwest offset its carbon emissions. For more information, please visit Southwest.com/wannaoffsetcarbon. Learn more at Southwest.com/citizenship about how Southwest Airlines leverages a unique legacy and mission to serve communities around the world.
- U.S. Dept. of Transportation most recent reporting of domestic originating passengers boarded
- fulltime-equivalent active Employees
- 1973-2019 annual profitability
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SOURCE Southwest Airlines Co. | https://www.mysuncoast.com/prnewswire/2022/05/17/southwest-airlines-launches-wanna-get-away-plus-new-fare-introducing-transferable-flight-credits-more-flexibility/ | 2022-05-17T14:43:31Z |
ATLANTA, July 25, 2022 /PRNewswire/ -- The American Transportation Research Institute (ATRI) today launched a short survey to better understand truck driver perspectives and issues with Driver-Facing Cameras (DFCs).
ATRI's DFC research was a top research priority of its Research Advisory Committee in 2021. Previous FMCSA-sponsored research conducted by ATRI documented that truck drivers have very positive opinions about road-facing cameras, but numerous driver concerns were raised about driver-facing cameras. ATRI's DFC survey is designed to better understand the specific issues and concerns truck drivers have, and to determine what, if any, strategies might address those concerns.
The OOIDA Foundation participated in both the prioritization of the DFC research, as well as in the DFC survey design.
The second component of ATRI's DFC research will focus on how DFC video feeds could be used by defense attorneys to reduce unfavorable litigation outcomes against truck drivers and motor carriers.
The survey is available online here.
ATRI is the trucking industry's 501(c)(3) not-for-profit research organization. It is engaged in critical research relating to freight transportation's essential role in maintaining a safe, secure and efficient transportation system.
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SOURCE American Transportation Research Institute | https://www.mysuncoast.com/prnewswire/2022/07/25/atri-launches-survey-gather-truck-driver-perspectives-driver-facing-cameras/ | 2022-07-25T21:50:31Z |
DETROIT (AP) — Yu Chang and Yandy Diaz drew bases-loaded walks in a seven-run ninth inning, leading the Tampa Bay Rays to a 7-0 win over the Detroit Tigers on Sunday.
With the game scoreless in the ninth, Isaac Parades hit a one-out single off Tigers closer Gregory Soto (2-6), then took third on a two-out double by Francisco Mejia. Soto walked Jose Siri to load the bases, then missed on a 3-2 pitch to Chang. Soto walked Diaz, his fourth batter of the inning, to make it 2-0.
“When you go up there in the ninth inning of a scoreless game, your first impulse is to do something big,” Rays manager Kevin Cash said. “It isn’t easy to still have the patience to lay off close pitches, but that’s what we were able to do. That turned into a fun inning.”
Jason Foley replaced Soto and allowed a two-run single to Brandon Lowe, a two-run double by Randy Arozarena and an RBI single by Roman Quinn. Paredes, the 11th batter of the inning, struck out.
The Rays are the first team in the modern era to break a scoreless tie in the ninth inning or later with seven or more runs, all with two outs, according to STATS.
“It’s two outs and a run on first, and you feel like you are still in command of everything,” Tigers manager A.J. Hinch said. “Even after a soft double, you still have control — you just need to get the next guy out. Soto just lost his command of everything and it turned into an ugly ending.”
Rays opener Drew Rasmussen pitched three scoreless innings and Colin Poche (4-1) got the win.
“(Cash) told me two or three days ago that I was going to have a short outing to manage my innings, but he didn’t tell me how long that meant,” Rasmussen said. “When I hadn’t allowed a hit in the first three, I came back to the clubhouse to try to hide from him, but he found me and told me I was done.
“I can’t complain, especially when the bullpen puts up six more zeroes and the offense gives us seven runs in the ninth.”
Tigers starter Matt Manning pitched seven shutout innings, allowing four hits and three walks while striking out seven.
“I took it as a personal challenge to give the bullpen a break, because they’ve been working their butts off,” he said. “I was able to command pitches when I needed — I’d still like to be a little sharper to avoid the walks, but it was really good.”
UP NEXT
Rays: Off Monday, then start a two-game series in Milwaukee on Tuesday. Tampa Bay hasn’t announced its starter, who will go up against Brandon Woodruff (9-3, 3.49 ERA).
Tigers: Off Monday, then three games at home against the Cleveland Guardians starting Tuesday. Shane Bieber (6-6, 3.39) will start for the Guardians against the Tigers’ Tyler Alexander (2-5, 4.04).
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/rays-score-all-7-runs-in-9th-inning-tigers-get-none/ | 2022-08-08T19:09:15Z |
NEW YORK, June 15, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Natera, Inc. (NASDAQ: NTRA) between February 26, 2020 and April 19, 2022, inclusive (the "Class Period"), of the important June 27, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Natera securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Natera class action, go to https://rosenlegal.com/submit-form/?case_id=3115 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 27, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Panorama was not reliable and resulted in high rates of false positives; (2) Prospera did not have superior precision compared to competing tests; (3) as a result of defendants' false and misleading claims about Natera's technology, the Company was exposed to substantial legal and regulatory risks; (4) Natera relied upon deceptive sales and billing practices to drive its revenue growth; and (5) as a result of the foregoing, defendants' statements about Natera's business, operations, and prospects lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Natera class action, go to https://rosenlegal.com/submit-form/?case_id=3115 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
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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/2022/06/15/rosen-respected-investor-counsel-encourages-natera-inc-investors-secure-counsel-before-important-june-27-deadline-securities-class-action-ntra/ | 2022-06-15T19:54:54Z |
LOS ANGELES, July 19, 2022 /PRNewswire/ -- The Los Angeles Dodgers Foundation, a longtime partner of the Los Angeles Regional Food Bank, is donating $750,000 to the Food Bank to help provide food and nutrition assistance to families in need throughout LA County as part of the 2022 All-Star Legacy Initiative. In addition to the financial gift, the LA Dodgers and key members of Major League Baseball, including MLB Commissioner Rob Manfred, volunteered at the Food Bank on Monday, July 18, and prepared kits for the Food Bank's BackPack Program, which provides food to students when free school meals are not available.
"Today, we're here at the Los Angeles Regional Food Bank launching our All-Star Weekend Essentials BackPack Program," says the Dodger Foundation CEO Nichol Whiteman. "In light of the 2022 All-Star game, the MLB, the Dodgers and the Dodgers Foundation are going to leave behind $6 million worth of community legacy projects combined with our efforts in 2020. Today, we're packing food boxes that will go along with care kits that we packed a couple of weeks ago with Baby2Baby that will allow for 4 million meals to go to 15 LAUSD Title 1 schools over the next academic year. The LA Regional Food Bank has been doing this amazing program for years and years and we're really proud with over a $1 million investment, we will be able to help sustain and expand this program to more schools that have been on waiting lists."
As part of the initiative, the contribution will help fund the Food Bank's BackPack Program to support thousands of students and their families who will receive essential items weekly at many LA school locations during the 2022-2023 academic year. Funds through this initiative will allow purchasing of nutritionally balanced and kid-friendly food that will be sent home with students on Fridays to provide meals for the weekend.
Food insecurity is harmful to all individuals however it is particularly devastating to children. Proper nutrition is critical to a child's development. Not having enough proper nutrition can severely affect a child's physical and mental health, academic achievement and future economic prosperity. LA County is home to more food-insecure children than any other county in the nation.
"The Los Angeles Regional Food Bank is so grateful to the Los Angeles Dodgers, the Los Angeles Dodgers Foundation, Major League Baseball and to everyone involved in this event, "said Michael Flood, President and CEO of the LA Regional Food Bank. "Comprehensive support like this is a home run - volunteering, donating funds, donating product, raising awareness for our work - this is exactly the support we need to continue to fight hunger in our community."
While food-insecure families contend with summer months without as much food assistance during the school year, many families are also impacted by current inflationary prices of fuel, food and everyday goods. Strong partnerships with community members such as the Dodgers Foundation, Dodgers and MLB help the Food Bank and our partner agency network of 600+ organizations reach as many food-insecure families as possible. Since the Food Bank was founded in 1973, more than 1.5 billion meals have been provided to those in need.
Through a combined effort, the All-Star Legacy Initiative, MLB, LADF and the Dodgers will address the root causes of homelessness by supporting an ongoing program to provide the equivalent of 4 million healthy meals and 127,000 basic essential items for youth and families living in poverty. Each student in the program will receive a Baby2Baby bare essentials kit to take home to their families, including hygiene items, soap, blankets, diapers and PPE supplies.
Being a non-profit organization, the work of the Food Bank cannot be executed without the engagement of our community partners such as the Dodger Foundation, Dodgers and MLB. The LA Regional Food Bank thanks the Dodger Foundation, Dodgers and MLB for their continued support of the fight against hunger.
The Los Angeles Regional Food Bank has been mobilizing resources to fight hunger in Los Angeles County since 1973. To support the Food Bank's vision that no one goes hungry in Los Angeles County, food and grocery products are distributed through a network of 600+ partner agencies and through Food Bank programs serving 800,000 people monthly. In response to the COVID-19 pandemic, the Food Bank tripled the number of people reached every month. The Food Bank is a 4-star rated charity by Charity Navigator. For more information, visit LAFoodBank.org
Media Contact:
David May
Director of Marketing & Communications
dmay@lafoodbank.org
323 234 3030 ext. 134
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SOURCE Los Angeles Regional Food Bank | https://www.wibw.com/prnewswire/2022/07/19/los-angeles-dodgers-foundation-los-angeles-dodgers-major-league-baseball-team-up-with-los-angeles-regional-food-bank-fight-hunger/ | 2022-07-19T21:18:29Z |
The deal expands SETWorks disability service management software across the state, improving service delivery, outcomes.
KANSAS CITY, Mo., July 12, 2022 /PRNewswire/ -- SETWorks, an established provider of software for the disability service industry, today announced its acquisition of EDoc, the leading electronic documentation platform for Iowa intellectual and developmental disability (I/DD) service agencies. SETWorks purchased EDoc from Imagine the Possibilities, an Iowa I/DD service provider.
Over 50 Iowa providers serving 5,100 individuals use EDoc to manage individual records, documentation, and billing. With this acquisition, SETWorks becomes the largest I/DD software provider in Iowa. The deal brings SETWorks' modern, disability service management platform and industry expertise to Iowa providers of all sizes.
"SETWorks invests in every state we serve to ensure our system works well for providers," said SETWorks Co-CEO David Lindell. "We've already made significant investments in the state of Iowa, and with this acquisition, we gain a great partner and opportunity to make an even larger impact in Iowa."
"We're excited for the fruits of our labor to provide a top-of-the-line solution for Iowa providers, and seamlessly onboard so many organizations," said SETWorks Co-CEO Henri McCracken. "We aspire to become the de-facto solution for Iowa."
Together, SETWorks and Imagine the Possibilities will transform service delivery by providing I/DD agencies with data insights and solutions needed for today's challenges.
"Post-pandemic, providers must do more with less," said Tiffany Higgins, COO of Imagine the Possibilities. "Iowa providers need a flexible, easy to use platform so less time is spent documenting and more time is spent providing quality services — and SETWorks provides that."
"SETWorks shares our values and vision, and is committed to taking care of EDoc customers," said Imagine the Possibilities CEO Todd Seifert. "Partnering with SETWorks allows us to focus on our core mission, while accomplishing our goal of modernizing data management for EDoc customers."
EDoc will be retired over the next 12 months with customers having the option to switch to SETWorks. SETWorks and Imagine the Possibilities communicated these changes to EDoc customers before publicly announcing the acquisition.
SETWorks has longstanding relationships with the Iowa Department of Human Services (DHS), Iowa Medicaid Enterprise (IME), and Iowa Association of Community Providers (IACP). Through these relationships SETWorks will continue to adapt the SETWorks platform to serve and empower Iowa providers.
SETWorks connects people and information systems across the U.S. dedicated to empowering organizations serving individuals with disabilities. Recognized for state-based innovation, SETWorks equips direct care providers with an intuitive platform for delivering care, and organizations with clear insight and reduced administrative burden. SETWorks offers an integrated network of solutions to help manage day-to-day functions as well as a team of committed industry experts. For more information visit SETWorks.com.
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SOURCE SETWorks | https://www.mysuncoast.com/prnewswire/2022/07/12/setworks-acquires-edoc-modernizing-data-management-iowa-disability-service-providers/ | 2022-07-13T06:55:09Z |
Prospera will hold special event to recognize clients and highlight partners
CORAL GABLES, Fla., Sept. 12, 2022 /PRNewswire/ -- After two years of virtual celebrations, Prospera's traditional Hispanic Heritage Month event returns in person, introducing a new time and format. FPL is the presenting sponsor of the 2022 Prospera Success Stories in South Florida to be held on Wednesday, September 14, from 4:00 p.m. to 6:00 p.m. at the Miracle Theatre in Coral Gables. The event will bring together the top stakeholders of the non-profit organization to celebrate entrepreneurship and recognize local clients who have been able to grow their businesses with Prospera's assistance.
The program, which will be led by Prospera Regional Vice President Myrna Sonora, will showcase five small business owners who have received services from Prospera for several years and come out stronger than before, despite pandemic-related challenges. It will also feature some of Prospera's funders, volunteers, and community partners.
"Get ready to be inspired by remarkable Hispanic entrepreneurs who have successfully turned their business ventures into a reality," said Armando Fernandez, FPL's director of external affairs for Miami Dade County. "FPL understands the importance of helping companies large and small succeed. We are committed to delivering America's best energy value and to moving Florida forward, including Hispanic entrepreneurs upon which our community has been built. We are excited to learn about these entrepreneurs and to hear their stories of resilience and determination."
Along with Presenting Sponsor FPL, this event will be sponsored by Host sponsors AT&T, Bank of America, Bank United, First Horizon, Truist and Wells Fargo; Champion sponsors Amerant, First Bank, Florida International University, JPMorgan Chase, and Telemundo 51; and Leader Sponsors Holland & Knight, SBDC at FIU, TD Bank, West Kendall Baptist Hospital, and Work Magic.
Prospera is a non-profit economic development organization that since 1991 has specialized in providing bilingual assistance to Hispanic entrepreneurs who want to start, strengthen or boost their businesses. In the past five years, Prospera has managed more than $61 million in small business loans, trained more than 18,000 entrepreneurs, and helped consulting clients gain or retain more than 16,000 jobs. Currently, Prospera offers services in Florida, North Carolina, and Georgia. For more information, visit prosperausa.org.
Media Contact: Soledad Jacobson, (786) 329-5830, sjacobson@prosperausa.org
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SOURCE Prospera | https://www.mysuncoast.com/prnewswire/2022/09/12/celebration-successful-hispanic-small-businesses/ | 2022-09-12T15:08:14Z |
LOS ANGELES, May 3, 2022 /PRNewswire/ -- The Law Offices of Frank R. Cruz announces that investors with substantial losses have opportunity to lead the securities fraud class action lawsuit against Playstudios, Inc. ("Playstudios" or the "Company") (NASDAQ: MYPS).
Class Period: June 22, 2021 – March 1, 2022
Lead Plaintiff Deadline: June 7, 2022
If you are a shareholder who suffered a loss, click here to participate.
The complaint filed alleges that, throughout the Class Period, Defendants failed to disclose to investors that it was having significant problems with Kingdom Boss, would not be releasing Kingdom Boss as expected, and had not revised its financial projections to account for the issues with Kingdom Boss, and as a result, Defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis at all relevant times.
Follow us for updates on Twitter: twitter.com/FRC_LAW.
To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action. If you wish to learn more about this class action, or if you have any questions concerning this announcement or your rights or interests with respect to the pending class action lawsuit, please contact Frank R. Cruz, of The Law Offices of Frank R. Cruz, 1999 Avenue of the Stars, Suite 1100, Los Angeles, California 90067 at 310-914-5007, by email to info@frankcruzlaw.com, or visit our website at www.frankcruzlaw.com. If you inquire by email please include your mailing address, telephone number, and number of shares purchased.
This press release may be considered Atto
rney Advertising in some jurisdictions under the applicable law and ethical rules.
Contacts The Law Offices of Frank R. Cruz, Los Angeles
Frank R. Cruz, 310-914-5007
fcruz@frankcruzlaw.com
www.frankcruzlaw.com
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SOURCE The Law Offices of Frank R. Cruz, Los Angeles | https://www.mysuncoast.com/prnewswire/2022/05/03/myps-investors-have-opportunity-lead-playstudios-inc-securities-fraud-lawsuit/ | 2022-05-03T16:49:40Z |
The World's First and Only 755nm Picosecond Laser FDA-cleared to Treat Melasma Pigment, nevus of Ota and Hori's nevus
WESTFORD, Mass. , June 1, 2022 /PRNewswire/ -- Today Cynosure announced the launch of the PicoSure® Pro device, the latest upgrade to the company's best-in-class PicoSure system. The first and only FDA-cleared 755nm picosecond laser on the market, the PicoSure Pro device uniquely delivers energy in a trillionth of a second, utilizing pressure instead of heat to provide safe and effective treatments for unwanted pigmentation and skin revitalization for all skin types.
"As inventors of picosecond aesthetic laser technology, we are constantly challenging ourselves to continually drive innovation forward. Whether we're developing new devices or improving upon our trusted flagship products, we're focused on addressing the unmet needs of our practitioners to ensure the best possible outcomes for their patients and practice," said Todd Tillemans, Chief Executive Officer of Cynosure. "From a 50% increase in energy to new handpieces and an adjustable fluence, the performance enhancements made to the PicoSure Pro device provide practitioners with more versatility than ever before, allowing them to efficiently treat more patients per day and provide better outcomes in less time."
Named the "Best Multitasking Laser" in the 2021 NewBeauty Awards and "Best Beauty Buy" in the 2022 InStyle awards, the PicoSure Pro device is now equipped with two lenses that work to safely and effectively address a variety of concerns across all skin types. The PicoSure Pro device's advanced Platinum Focus™ lens array is used to increase collagen and elastin to help combat wrinkles, acne scars and pores. With the addition of the flat lens, the PicoSure Pro device is now also the first and only picosecond laser FDA-cleared for the treatment of pigment in melasma and other hyperpigmentation issues such as nevus of Ota and Hori's nevus. Additional enhancements include a sleek, modern design, intuitive graphic user interface and new 5MM handpiece that is ideal for treating discrete lesions, lighter Fitzpatrick skin types and smaller treatment areas.
"The updates seen in the PicoSure Pro device further solidify Cynosure's stance as a trusted pioneer in the field of laser technology," said Sandi Peterson, Clayton, Dubilier & Rice Operating Partner and Chairman of the Board of Cynosure. "With the PicoSure Pro device, providers can achieve comparable treatment results to more aggressive lasers with less pain and no downtime, making it a true one-and-done device for a myriad of patient needs."
The PicoSure Pro device is commercially available in the U.S. To learn more about the PicoSure Pro device, please visit www.cynosure.com/picosure.
About Cynosure
Cynosure is the global leader in medical aesthetics and develops, manufactures, and markets aesthetic treatment systems that enable plastic surgeons, dermatologists, and other medical practitioners to perform non-invasive and minimally invasive procedures for skin revitalization, hair removal, body contouring, women's health, treat vascular and benign pigmented lesions, remove multi-colored tattoos, reduce fat through laser lipolysis, reduce cellulite, clear nails infected by toe fungus and ablate sweat glands. Cynosure's product portfolio is composed of a broad range of energy sources including Alexandrite, diode, Nd: YAG, picosecond, pulse dye, Q-switched lasers, intense pulsed light, and RF technology. Cynosure sells its products globally under the Cynosure, Palomar, ConBio, and Ellman brand names through a direct sales force in the United States, Canada, France, Morocco, Germany, Spain, the United Kingdom, Australia, China, Thailand, Japan, and Korea, and through international distributors in approximately 130 other countries. For corporate or product information, visit Cynosure's website at www.cynosure.com.
Media Contact:
Liz Carruthers
978-302-7284
Liz.Carruthers@cynosure.com
©2021 Cynosure, LLC. All rights reserved. Cynosure and PicoSure are registered trademarks and trademarks of Cynosure, LLC.
Like all medical procedures, not all patients are suitable for the treatment. Talk to your medical provider about the risks and benefits of this procedure. A qualified practitioner is solely responsible for evaluating each subject's suitability to undergo treatment and for informing those being treated about any risks involved with the treatment, pre-and postoperative care, and any other relevant information. Individual results may vary and are not guaranteed.
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SOURCE Cynosure, Inc. | https://www.wibw.com/prnewswire/2022/06/01/cynosure-upgrades-state-of-the-art-picosure-system-with-picosure-pro-device/ | 2022-06-01T17:20:49Z |
Earth is expected to pass through the debris trail of a broken comet on Monday night and early Tuesday morning. It could result in a brand new meteor shower.
Night sky watchers in North America have the best chance of seeing the tau Herculid shower, with NASA recommending around 1 a.m. on the East Coast or 10 p.m. on the West Coast as the best times to look up. The moon is new, so there will be no moonlight to obscure the meteors.
However, there's no guarantee of a dazzling display even if the sky is clear and dark, NASA stressed. It could come to nothing.
The comet, officially known as 73P/Schwassmann-Wachmann, or SW3, was discovered in 1930 by German observers Arnold Schwassmann and Arno Arthur Wachman. It wasn't spotted again until the late 1970s and in the 1990s the comet shattered into several pieces, NASA said.
By the time SW3 passed Earth again in 2006, it was in nearly 70 pieces, and has continued to fragment further since then, the statement said.
NASA said observations from the Spitzer Space Telescope published in 2009 indicated that some fragments are moving fast enough to be visible, exciting space scientists.
Each year, there are around 30 meteor showers, which occur when the Earth passes through the trail of debris left by a comet or asteroid, that are visible with the naked eye.
Some meteor showers have been around for centuries. For example, the Perseid meteor shower, which occurs each year in August, was first observed about 2,000 years ago and recorded by Chinese astronomers, NASA said. New meteor showers like this one, should it materialize, are relatively rare.
'All or nothing event'
The debris from SW3 will strike Earth's atmosphere slower than other meteor showers and it's the velocity at which the debris strikes rather than the size of the debris that causes the shower.
Even if visible, this means the meteors would be much fainter, for example, than the eta Aquariids meteors earlier this month.
"This is going to be an all or nothing event. If the debris from SW3 was traveling more than 220 miles per hour when it separated from the comet, we might see a nice meteor shower. If the debris had slower ejection speeds, then nothing will make it to Earth and there will be no meteors from this comet," Bill Cooke, who leads NASA's Meteoroid Environment Office at NASA's Marshall Space Flight Center in Huntsville, Alabama, said in a statement.
Meteor showers are typically named after the constellation from where they appear to radiate in the night sky although Robert Lunsford, secretary general of the International Meteor Organization, said that the tau Herculids had been incorrectly named. He said they will appear to radiate from a constellation known as Bootes, northwest of the brilliant orange star known as Arcturus (alpha Bootis).
"The radiant is expected to be a large area of the sky and not a pinpoint. So any slow meteor from this general area of the sky can be expected to be from SW3," Lunsford said in a blog post.
"You need not look directly overhead as meteors may appear in any portion of the sky. They are actually more likely to appear at lower elevations in the sky since at these elevations one is looking through a far thicker slice of the atmosphere that when looking straight upwards."
More meteor showers
If the tau Herculid shower turns out to be a dud, fear not, there are several other opportunities to witness meteor showers this year.
The Delta Aquariids are best seen from the southern tropics and will peak between July 28 and 29, when the moon is 74% full.
Interestingly, another meteor shower peaks on the same night -- the Alpha Capricornids. Although this is a much weaker shower, it has been known to produce some bright fireballs during its peak. It will be visible for everyone, regardless of which side of the equator they are on.
The Perseid meteor shower, the most popular of the year, will peak between August 11 and 12 in the Northern Hemisphere, when the moon is only 13% full.
Here is the meteor shower schedule for the rest of the year, according to EarthSky's meteor shower outlook.
- October 8: Draconids
- October 21: Orionids
- November 4 to 5: South Taurids
- November 11 to 12: North Taurids
- November 17: Leonids
- December 13 to 14: Geminids
- December 22: Ursids
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/a-brand-new-meteor-shower-could-dazzle-the-night-sky-monday/article_a26ed7a9-4f87-5b3b-a830-1daf4062b744.html | 2022-05-30T12:56:40Z |
LOS ANGELES, June 1, 2022 /PRNewswire/ -- Today, June 1, 2022, a brand-new recording of the song THE PHANTOM OF THE OPERA from the hit musical of the same name by composer Andrew Lloyd Webber has landed on Spotify, Apple Music, Amazon Music and all major streaming platforms. The release features the vocals of Killian Donnelly as the Phantom and Lucy St. Louis as Christine, who are currently performing in the West End cast at Her Majesty's Theatre.
This release comes as THE PHANTOM OF THE OPERA is set to be part of the BBC's Platinum Party at the Palace celebrations on June 4th.
THE PHANTOM OF THE OPERA is widely considered one of the most beautiful and spectacular productions in history. Andrew Lloyd Webber's romantic, haunting and soaring score includes "Music of the Night," "All I Ask of You," "Wishing You Were Somehow Here Again," "Masquerade" and the iconic title song. It tells the tale of a disfigured musical genius known only as 'The Phantom' who haunts the depths of the Paris Opera House. Mesmerised by the talents and beauty of a young soprano – Christine, the Phantom lures her as his protégé and falls fiercely in love with her. Unaware of Christine's love for Raoul, the Phantom's obsession sets the scene for a dramatic turn of events where jealousy, madness and passions collide.
One of the most successful musicals in entertainment history, THE PHANTOM OF THE OPERA has played to over 145 million people in 41 countries and 183 cities in 17 languages. It has won more than 70 major theatre awards, including seven Tony Awards and four Olivier Awards. THE PHANTOM OF THE OPERA has celebrated over 34 years on both sides of the Atlantic with the show in London now in its 36th year. THE PHANTOM OF THE OPERA at Her Majesty's Theatre is currently booking until 1 October 1, 2022.
Lucy St Louis starred as 'Diana Ross' in the West End production of "Motown The Musical" at the Shaftesbury Theatre. Her many other West End credits include "Beautiful The Carole King Musical" at the Aldwych Theatre and "The Book of Mormon" at the Prince of Wales Theatre. Lucy has also appeared in "Ragtime" at Regent's Park Open Air Theatre and "Man of La Mancha" at the London Coliseum.
Killian Donnelly was most recently seen as 'The Phantom' in the UK tour of "The Phantom of the Opera." Before this he played the role of 'Jean Valjean' to critical acclaim in the sell-out UK and Ireland Tour of "Les Misérables," having also played the role in West End production. Prior to his run in "Les Misérables," he played the role of 'Charlie Price' in "Kinky Boots" on Broadway, a role he originated at the Adelphi Theatre in the West End in 2015, for which he was nominated for an Olivier Award. His other theatre credits include 'Huey' in the original London cast of "Memphis" at the Shaftesbury Theatre for which he was also nominated for an Olivier Award. He created the role of 'Deco' in "The Commitments" at the Palace Theatre and has also played 'Tony' in "Billy Elliot" at the Victoria Palace Theatre as well as 'Raoul' in "The Phantom of the Opera" at Her Majesty's Theatre. He first joined the company of "Les Misérables" in 2008, going on to play the role of 'Enjolras' from 2009 to 2011. In 2010, he played the role of 'Courfeyrac' in the "25th Anniversary Concert of Les Misérables" at The O2 Arena and also played the role of 'Combeferre' in the multi-award-winning film of the show, released in 2012.
THE PHANTOM OF THE OPERA is produced by Cameron Mackintosh and The Really Useful Group Ltd. Music by Andrew Lloyd Webber, Lyrics by Charles Hart, and Additional Lyrics by Richard Stilgoe. Book by Richard Stilgoe and Andrew Lloyd Webber, based on the novel 'Le Fantôme de l'Opera' by Gaston Leroux, with Orchestrations by David Cullen and Andrew Lloyd Webber. Musical Supervision is by Simon Lee. The Production Design is by Maria Björnson and the Set Design is adapted by Matt Kinley with Associate Costume Design by Jill Parker, Lighting is by Andrew Bridge with Associate Lighting Design by Warren Letton, Sound is by Mick Potter. The Musical Staging and Choreography is by Gillian Lynne, recreated and adapted by Chrissie Cartwright. Originally Directed by Harold Prince, this production is Directed by Seth Sklar-Heyn.
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SOURCE Universal Music Enterprises | https://www.mysuncoast.com/prnewswire/2022/06/02/andrew-lloyd-webbers-the-phantom-opera-releases-new-2022-london-cast-recording-the-phantom-opera-title-track-featuring-killian-donnelly-lucy-st-louis/ | 2022-06-02T00:31:36Z |
Krzyzewski K-O’d: North Carolina takes out coach, Duke 81-77
NEW ORLEANS (AP) - For the 48th time over 47 years of unparalleled coaching, Duke’s Mike Krzyzewski took the slow walk to midcourt and shook the hand of the North Carolina coach who beat him.
After that, he found his wife, Mickie, and they made the slow, sad walk, hand-in-hand, off the Superdome floor. Saturday night’s 81-77 setback in the national semifinal showdown between archrivals marked Coach K’s last loss, and one of his toughest losses, too.
And thanks to the Tar Heels — those dadgum Tar Heels — the 75-year-old coach will have plenty of time to get over it.
“I’m sure at some time, I’ll deal with this in my own way,” said the coach, who had announced before the start of the season that 2021-22 would be his last.
Krzyzewski’s remarkable career came to a gut-wrenching close after Caleb Love made a key 3-pointer and three late free throws to lift the Tar Heels to their thrill-a-minute victory.
This was the 258th, most consequential and maybe, just maybe, the very best meeting between these teams, whose arenas are separated by a scant 11 miles down on Tobacco Road.
The eighth-seeded Tar Heels (29-9), of all teams, pinned the 368th and final loss on Krzyzewski. He finished with 1202 wins. His lifetime record against North Carolina fell to 50-48. Losses No. 47 and 48 are ones Carolina fans will treasure forever. They were partying early into Sunday morning on Franklin Street in Chapel Hill. This latest win came exactly four weeks after the Tar Heels ruined the going-away party in Coach K’s final home game at Cameron Indoor Stadium.
That loss hurt. “Unacceptable,” he called it, still knowing there was time to regroup for one last run into March Madness. They made that run, but the last loss stopped that all in its tracks — one agonizing win short of a title game and a chance at his sixth championship.
Krzyzewski said he had a locker room full of crying players when it was over.
“It’s not about me,” he insisted. “Especially right now. I’ve said my entire career that I wanted my seasons to end where my team was either crying tears of joy or tears of sorrow. Because then you knew that they gave everything.”
They gave everything all the way through the nip-and-tuck contest — neither team led by more than seven — that concluded with an edge-of-the-seat stretch run that Duke played without a timeout. When the final buzzer of his career blared, Krzyzewski shook the hand of Carolina’s rookie coach, Hubert Davis.
Instead of Krzyzewski going for his sixth title, on Monday, Carolina will try to win its seventh. It will be Davis, Love, who led the Tar Heels with 28 points, and R.J. Davis, who scored 18, going against Kansas, which beat Villanova 81-65 earlier in the undercard.
“Dwelling on the two wins against Duke doesn’t help us against Kansas,” said Hubert Davis, who took over for Roy Williams this season and has now brought Carolina to its 12th title game.
Maybe not, but what a game — as good as any these teams have played in an ancient rivalry that has so-often determined conference titles, or, at the very least, bragging rights in a state where basketball is king. Their first-ever meeting in the NCAA Tournament, this one, featured 18 lead changes and 12 ties.
It also featured another breakout performance from Love, whose 28 points after an 0-for-4 start were one more than what he put up in the second half of a win last week against UCLA in the Sweet 16.
“It means everything to me,” Love said of his key 3 with 25 seconds left.
There was so much to talk about in this instant classic, one that Krzyzewski, clad in his blue pullover with a “D” embroidered on the chest, watched most of while perched on a stool situated on the sideline above the Duke bench.
At around the 2-minute mark, the teams traded three straight 3s. Wendell Moore Jr.’s 3-pointer with 1:19 left ended the flurry and gave Duke a 74-73 lead. It was the last lead of Krzyzewski’s career.
R.J. Davis came back with two free throws, then after Duke’s Mark Williams, in foul trouble all night, missed a pair from the line, Carolina worked the ball around the perimeter.
Tar Heels guard Leaky Black set a pick -- make that threw a block -- on Trevor Keels to free up Love, who drained a 3 from near the top for a 78-74 lead and what felt like breathing room in this one.
Love made three more free throws down the stretch, and then it was over. Krzyzewski and his wife walked off the floor together, same as they had after four wins during the run to his record 13th Final Four.
Near the other bench, Hubert Davis was crying again — just like Ol’ Roy — much as he did last weekend when North Carolina punched its ticket to its record 21st Final Four.
“I felt like over the last two or three years , North Carolina wasn’t relevant,” said Davis, whose biggest win came a year to the date Williams announced his own retirement. “North Carolina should never be irrelevant. It should be front and center with the spotlight on them.”
Freshman Paolo Banchero led the Blue Devils with 20 points and his classmate, Keels, had 19. Another freshman, A.J. Griffin, never really got untracked, finishing with only six points.
Chances are Griffin and Banchero will be following Krzyzewski out the door. They are the latest in his revolving door of “One and Done” players, though neither they nor Zion Williamson in 2019 could lead Duke back to the promised land.
North Carolina is back on the verge again, playing in its third final since 2016 and looking for its second title since 2017 Win or lose, though, 2022 will always be remembered as the year North Carolina sent Coach K packing for good.
One team’s joy is another team’s pain.
“When you’re in the arena, either you’re going to come out feeling great or feel agony, but you always will feel great about being in the arena,” Krzyzewski said. “I was in the arena for a long time, and these kids made my last time in the arena an amazing one.”
FOUL TROUBLE
Carolina big man Armando Bacot finished with his seventh straight double-double — 11 points and 21 boards — despite fouling out down the stretch. Duke’s Williams played the entire game in foul trouble. He finished with four buckets for eight points — all of them on dunks.
FAMILIAR FOES
Monday will mark the fourth meeting in the season’s final week between Kansas and North Carolina, but the first in the national final since 1957, before the tournament had become what it is today.
Carolina won the title game in triple overtime over Wilt Chamberlain and the Jayhawks. The Tar Heels won in 1993 on the way to the title and Kansas returned the favor in 2008, then also went on to take the championship.
___
More AP coverage of March Madness: https://apnews.com/hub/march-madness and https://apnews.com/hub/ncaa-mens-bracket and https://twitter.com/AP_Top25
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/04/03/krzyzewski-k-od-north-carolina-takes-down-duke-81-77/ | 2022-04-03T13:51:17Z |
CHICAGO, May 24, 2022 /PRNewswire/ -- United will present at the Bernstein 38th Annual Strategic Decisions Conference on Wednesday, June 1, beginning at 2:30 p.m. CT / 3:30 p.m. ET.
The live webcast will be available on the investor relations section of United's website at ir.united.com. The company will archive the audio webcast on the website within 24 hours of the presentation, and the webcast will be available for a limited time.
About United
United's shared purpose is "Connecting People. Uniting the World." In 2019, United and United Express® carriers operated more than 1.7 million flights carrying more than 162 million customers. United has the most comprehensive route network among North American carriers, including U.S. mainland hubs in Chicago, Denver, Houston, Los Angeles, New York/Newark, San Francisco and Washington, D.C. For more about how to join the United team, please visit united.com/careers and more information about the company is at united.com. United Airlines Holdings, Inc. is traded on the Nasdaq under the symbol "UAL".
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SOURCE United Airlines | https://www.mysuncoast.com/prnewswire/2022/05/24/united-airlines-present-bernstein-38th-annual-strategic-decisions-conference/ | 2022-05-24T15:56:31Z |
NEW YORK, April 6, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of C3.ai, Inc..
Shareholders who purchased shares of AI during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired: (a) C3.ai Class A common stock pursuant and/or traceable to the documents issued in connection with the Company's initial public offering conducted on or about December 9, 2020; and/or (b) C3.ai securities between December 9, 2020 and February 15, 2022, both dates inclusive.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) C3.ai's partnership with Baker Hughes was deteriorating; (ii) C3.ai was employing a flawed accounting methodology to conceal the deterioration of its Baker Hughes partnership; (iii) C3.ai faced challenges in product adoption and significant salesforce turnover; (iv) the Company overstated, inter alia, the extent of its investment in technology, description of its customers, its total addressable market, the pace of its market growth, and the scale of alliances with its major business partners; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
DEADLINE: May 3, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/c3-ai-inc-loss-submission-form/?id=25565&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of AI during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is May 3, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.kxii.com/prnewswire/2022/04/06/shareholder-alert-gross-law-firm-notifies-shareholders-c3ai-inc-class-action-lawsuit-lead-plaintiff-deadline-may-3-2022-nyse-ai/ | 2022-04-06T10:07:19Z |
WASHINGTON, June 29, 2022 /PRNewswire/ -- The American Association for Physician Leadership (AAPL) today released its 100th SoundPractice podcast episode, in which AAPL speaks with luminaries who shed light on the need to provide physicians with business training and leadership skills for the betterment of healthcare delivery.
In the 100th episode of "SoundPractice," AAPL podcast host Mike Sacopulos speaks with a variety of global leaders in healthcare: Listen to the podcast.
- Anthony Fauci, MD, director of the National Institute of Allergy and Infectious Diseases
- Gary Schwartz, MD, president of Associated Eye Care, author of a blog post on Lessons from Ted Lasso
- Joan Naidorf, DO, author of "Changing How We Think about Difficult Patients: A Guide for Physicians and Healthcare Professionals"
- Shannon Prince, PhD, JD, and author of the new book, "Tactics for Racial Justice: Building an Antiracist Organization and Community"
- Peter Hotez, MD, PhD, professor of pediatrics and molecular virology at Baylor College of Medicine
- Laurie Cameron, mindful leadership expert and National Geographic author of the "The Mindful Day: Practical Ways to Find Focus, Calm and Joy from Morning to Evening"
- Kara Swisher, digital expert and former reporter for The Wall Street Journal and the Washington Post, and co-founder of the "All Things Digital Conference"
- Luis Pareras, MD, PhD, founding partner of two venture capital funds (HealthEquity and Invivo Ventures, based in Barcelona)
- Jennifer O'Brien, author of the book, "The Hospice Doctor's Widow"
- Sylvie Stacy, MD, MPH, author of "50 Nonclinical Careers for Physicians: Fulfilling, Meaningful, and Lucrative Alternatives to Direct Patient Care"
SoundPractice, the interview driven podcast, launched in November 2018, and set the tone with fresh perspectives on the business of medicine and physician leadership.
This roundup of interview excerpts with national and international leaders includes expert commentary from Dr. Peter Angood, CEO of AAPL.
The SoundPractice podcast www.soundpracticepodcast.com is hosted by the American Association for Physician Leadership. The bi-weekly podcast features conversations with industry leaders and delivers practical information and fresh perspectives for physician leaders and those running healthcare systems. Physician advocate Michael Sacopulos, JD, (healthcare attorney, author, speaker) brings the best thought leaders, crisp humor, and pithy tips to help healthcare executives and leaders thrive. A new episode debuts every other Wednesday. Subscribe through Apple Podcasts, Spotify, or wherever you get your podcasts.
The American Association for Physician Leadership (AAPL) is focused on the personal transformation of all physicians, and through them the organizations they serve. With the goal of improving patient outcomes, workforce wellness, and a refinement of all healthcare delivery, AAPL has remained the only association solely focused on providing professional development, leadership education, and management training exclusively for physicians. Since its founding in 1975, AAPL has educated 250,000+ physicians across 40 countries—including CEOs, chief medical officers and physicians at all levels of healthcare. www.physicianleaders.org
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SOURCE AAPL | https://www.wibw.com/prnewswire/2022/06/29/growing-relevance-leadership-skills-physicians-aapl-releases-its-100th-podcast-featuring-luminaries-healthcare/ | 2022-06-29T15:07:01Z |
The men came after 2 a.m. on Tuesday in the dead of the night, banging on an apartment door in a rundown housing complex in Shanghai. When nobody answered, they pried open the lock and barged in, rousing a 92-year-old woman from her bed.
The visitors demanded to take the woman and her 74-year-old son to a quarantine center, because, according to their records, both had tested positive for Covid-19 five days earlier on April 14. When the old woman refused to go -- both she and her son had since tested negative -- she was allegedly pulled out of bed and dragged onto the floor. Fearing the worst, her son helped her dress and agreed to comply.
The account of events, as told in a series of online posts by the woman's granddaughter Zhi Ye, a former journalist born and raised in Shanghai, has sparked shock and fury across Chinese social media.
"There's no limit to the cold-blooded cruelty and violence," said the top comment under Zhi's post on Weibo, China's Twitter-like service.
Amid public outcry, the local government issued a statement on Tuesday evening, confirming the late-night transfer of the two elderly residents to a quarantine site. It said police and neighborhood committee workers had a locksmith pry open an outer door to the apartment because they feared "an accident had happened" to its occupants.
The statement said the two elderly residents had agreed to the transfer after communicating with police officers and "voluntarily went downstairs" to get in the car.
Zhi declined to be interviewed when reached by CNN.
Zhi's grandmother is among many senior Shanghai citizens who have been hauled off to government quarantine in recent days, as authorities step up efforts to remove all positive cases from communities in a bid to end the spread of Covid outside designated sites.
On social media, some residents have called for help as their elderly parents or grandparents were taken into isolation facilities, sometimes without the medicine or equipment they need.
A patient at a quarantine center converted from a warehouse told CNN a group of senior citizens, some in wheelchairs, was transported to his facility from a nursing home on Monday night.
Some senior citizens have attempted to push back. Several social media videos show an elderly woman who appears to have left quarantine and is trying to enter a neighborhood compound. She is seen walking around and arguing with Covid workers in hazmat suits, who try to persuade her to go back to the government facility. CNN has reached out to local officials for comment about the situation, but they have not responded to calls.
The mass transfer came as Chinese Vice Premier Sun Chunlan, the most senior official in charge of the country's Covid response, vowed Monday to send anyone who tests positive for Covid and their close contacts to quarantine sites, "without exception, deduction and delay." Sun said in an interview Saturday that community transmission in Shanghai could be expected to end soon, and cases would only be detected in quarantine centers.
Shanghai officials are under tremendous pressure to contain a raging Omicron outbreak, which has infected more than 430,000 people despite weeks of stringent mandatory home lockdown. Public discontent has been mounting, with residents struggling to secure food and medical access.
The latest efforts to end community transmission have only sparked more anger. Many fear that senior citizens will not receive proper care at makeshift isolation facilities, some of which are plagued by poor conditions, overcrowding as well as shortages of medical equipment, doctors and nurses.
"For the elderly in their 80s and 90s, the risk of them getting cross-infected and dying in these quarantine centers is much higher than having them stay at home and self isolate," said Yanzhong Huang, a senior fellow for global health at the Council on Foreign Relations.
"Many of those elderly people suffer from chronic conditions that require special care, which likely won't be provided at quarantine centers."
Chinese officials have long boasted that "zero-Covid" is saving lives, especially vulnerable groups like the elderly. But some argue that by forcing senior citizens into centralized quarantine, it poses a threat to the health and well-being of the very people the policy is supposed to protect.
"The question is at what cost? And does the end justify the means?" Huang said.
"They've pried open the door"
In her social media posts, Zhi said her grandmother and uncle tested positive for Covid-19 by antigen self-test on April 13. They immediately informed the neighborhood committee, which sent workers to take their nucleic acid tests the next day. Both developed only mild coughs and had no fever, and by April 16, their antigen tests had returned negative results.
Then, on Monday afternoon, they were told by the neighborhood committee they would be transferred to a makeshift quarantine facility. Zhi was immediately worried -- her grandmother suffers from high blood pressure and heart disease, while her uncle is on daily medication for a recent prostate surgery.
Like many other Shanghai residents, Zhi resorted to social media for help. "Please everyone help me share this! Please don't take my 94-year-old grandmother to the quarantine center," she pleaded in a lengthy post on WeChat, which went viral. (Traditionally Chinese age is calculated differently and can add up to two years to a person's actual age.)
Then, at 2:47 a.m., Zhi received a brief phone call from her uncle. "They've pried open the door," she heard him saying, his voice barely audible above the noise.
When Zhi's grandmother and uncle arrived at the isolation facility after 4 a.m. on Tuesday, it was already crowded with elderly people, including some in wheelchairs, Zhi wrote in a later post. There was no free bed available, and they spent the rest of the night sitting in the hallway. The next morning, they were assigned to their beds and each received a sleeping bag and a blanket.
A video of the healthcare center obtained by CNN shows senior citizens lying or sitting on beds lining a hallway and a reception area, with wooden boards and thin sheets as bedding. An elderly man who could hardly walk is seen clinging onto a wall as he moves in slow, tiny steps toward his bed.
The local government statement said medical workers at the quarantine center conducted a basic medical check-up on Zhi's grandmother and uncle, and "made sure their health conditions are normal." It acknowledged the shortage of beds, and said healthcare workers would pay extra attention to elderly patients with underlying ailments.
The public attention appeared to pay off. Shortly before midnight Thursday, 45 hours after they were taken away, Zhi's grandmother and uncle were sent back home following three negative Covid tests, Zhi wrote in an update on WeChat.
"I hope grandma and uncle can finally have a good night's sleep without being disturbed again," she wrote.
But many more senior citizens remain in centralized quarantine, or are likely on their way there as the campaign to end community transmission intensifies.
On Wednesday, Sun, the vice premier, told local officials to come up with more targeted measures to deal with old neighborhoods and nursing homes that have reported high infections.
Officials were told to strengthen on-site contact tracing, speed up the transfer of positive cases and close contacts into isolation, and swiftly conduct disinfection, according to a statement from the Shanghai government.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/outcry-as-shanghai-sends-vulnerable-senior-citizens-into-makeshift-quarantine-camps/article_7354ec2b-8f1d-570e-bef9-a3bd9317ee5d.html | 2022-04-21T07:58:06Z |
SHANGHAI, May 20, 2022 /PRNewswire/ -- Molecular Data Inc. (NASDAQ: MKD) (the "Company") announced today a ratio change on its American Depositary Shares ("ADS") from the current one (1) ADS representing three (3) Class A ordinary shares to the new ratio of one (1) ADS representing forty-five (45) Class A ordinary shares (the "Ratio Change"). The effective date of the Ratio Change is expected to be May 23, 2022.
Each ADS holder of record at the close of business on the date when the change in ADS ratio is effective will be required to surrender and exchange every fifteen (15) existing ADSs then held for one (1) new ADS. JPMorgan Chase Bank, N.A., as the depositary bank for the Company's ADS program, will arrange for the exchange of the current ADSs for the new ADSs.
The Ratio Change will have the same effect as a one-for-15 reverse share split.
About Molecular Data Inc.
Molecular Data Inc. is a technology-driven platform in China's chemical industry, connecting participants along the chemical value chain through integrated solutions. The Company delivers e-commerce solutions, financial solutions, warehousing and logistics solutions, and SaaS suite that are intended to solve pain points for participants in the traditional chemical industry. Built upon a comprehensive knowledge engine and artificial intelligence (AI) capabilities, the Company's e-commerce solutions are mainly offered through its online platform, consisting of molbase.com, molbase.cn, Moku Data WeChat account, Chemical Community APP and other ancillary platforms.
Safe Harbor Statement
This announcement contains forward-looking statements. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "aims," "future," "intends," "plans," "believes," "estimates," "confident," "potential," "continue" or other similar expressions. Among other things, the quotations from management in this announcement, as well as the Company's strategic and operational plans, contain forward-looking statements. The Company may also make written or oral forward-looking statements in its periodic reports 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. Statements that are not historical facts, including but not limited to statements about the Company's beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a variety of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company's goals and strategies; the Company's future business development, results of operations and financial condition; the expected growth of the chemical market; the Company's ability to monetize the user base; fluctuations in general economic and business conditions in China; the potential impact of the COVID-19 to the Company's business operations and the economy in China and elsewhere generally; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company's filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and the Company undertakes no duty to update such information, except as required under applicable law.
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SOURCE Molecular Data Inc. | https://www.mysuncoast.com/prnewswire/2022/05/20/molecular-data-inc-announces-ads-ratio-change/ | 2022-05-20T17:20:11Z |
Poster to highlight data on safety, tolerability, pharmacokinetics, and effects on hepcidin and measures of iron metabolism of DISC-0974 from phase 1 study in healthy volunteers
WATERTOWN, Mass., May 16, 2022 /PRNewswire/ -- Disc Medicine, a biotechnology company dedicated to the discovery and development of novel therapeutic candidates for serious and debilitating hematologic diseases, announced today that clinical data of DISC-0974 will be presented at the upcoming European Hematology Association (EHA) Annual Congress being held in Vienna June 9-12. The presentation will report initial results from the ongoing Phase 1a, placebo-controlled single ascending dose study in healthy volunteers. This study was designed to evaluate the safety, tolerability, pharmacokinetics, and pharmacodynamics of both intravenous and subcutaneous DISC-0974. DISC-0974 showed evidence of target engagement and iron mobilization and was generally well-tolerated. The abstract is available on the EHA website at www.ehaweb.org and the poster will be published on the EHA Congress platform on June 10, 2022.
Presentation Details:
Abstract: P1559
Title: DISC-0974, a First-In-Human Anti-Hemojuvelin Monoclonal Antibody, Reduces Serum Hepcidin Levels and Mobilizes Iron in Healthy Participants
Session Title: Iron metabolism, deficiency and overload
Session Date and Time: Friday, June 10, 2022 - 16:30 - 17:45 CEST (10:30am-11:45am ET)
About DISC-0974
DISC-0974 is an investigational, first-in-class monoclonal antibody designed to suppress hepcidin production by inhibiting the hemojuvelin (HJV) co-receptor, a highly selective and critical target of the hepcidin pathway with biological activity that has been validated by human genetic evidence. Hepcidin is the primary regulatory hormone of iron homeostasis and plays a central role by restricting iron absorption and preventing deployment from internal iron stores. DISC-0974 is currently being studied in a phase 1 clinical study of healthy volunteers and is developing being developed as a potential treatment for anemia of inflammation by suppressing hepcidin and enhancing iron availability for erythropoiesis.
DISC-0974 is an investigational therapy that is not approved for any use in any country. Disc obtained global rights to DISC-0974 and related molecules under a license agreement from AbbVie in October 2019.
About Disc Medicine
Disc Medicine is a clinical-stage biopharmaceutical company that is dedicated to transforming the lives of patients with hematologic disorders. We are building a portfolio of innovative, first-in-class therapeutic candidates that affect fundamental pathways of red blood cell biology. Disc Medicine is committed to developing treatments that empower and bring hope to the many patients who suffer from hematologic disease. For more information, please visit www.discmedicine.com.
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SOURCE Disc Medicine | https://www.kxii.com/prnewswire/2022/05/16/disc-medicine-announces-presentation-clinical-data-first-in-human-phase-1-study-disc-0974-european-hematology-association-eha-2022-congress/ | 2022-05-16T18:17:24Z |
Funding from Meridian helps local health provider with purchasing medical equipment
DETROIT, May 18, 2022 /PRNewswire/ -- Meridian of Michigan is proud to announce the Family Health Center in Kalamazoo was recognized as one of Centene's top 100 providers nationwide with the highest increase in vaccination rates. The team received a $5,000 grant from Meridian for medical equipment as part of an initiative Centene, Meridian's parent company, announced last year to encourage providers nationwide to educate members about the COVID-19 vaccine.
The investment will allow the Kalamazoo-based Family Health Center (FHC) to better serve more than 51,000 patients with new equipment and improved healthcare delivery.
"Collaboration and commitment drove our shared success in testing and vaccinating thousands of Kalamazoo residents," said Denise Crawford, President and CEO of Family Health Center. "Bronson Healthcare Group was a vital partner, working with FHC to protect the most vulnerable against COVID-19. We also teamed up with other organizations, including Kalamazoo Public Schools, Mothers of Hope, and more than 40 others to reach more people with critical information, testing, and vaccines."
Mothers of Hope is a nonprofit organization in Kalamazoo that seeks to empower women, families, and communities to rise above the effects of substance use disorders, poverty, violence, and systemic inequities.
"The dedication of FHC's amazing staff made all the difference," Crawford added. "From the start of the pandemic through today, they continue to bring high energy, strong determination and the highest standard of care. Through their commitment, we've been able to administer more than 26,800 tests, vaccines, and boosters, protecting thousands of people, including the most vulnerable against COVID-19."
As the world continues to face outbreaks caused by COVID-19 variants, it is important as ever to receive the COVID-19 vaccine. To encourage all Americans to get vaccinated, Centene announced the COVID-19 vaccination initiative in June 2021 as part of a nationwide campaign. Through this initiative, Meridian worked with local providers to conduct engagement campaigns that educated their patients about the importance of getting vaccinated. The additional incentive helped motivate providers to engage their communities as much as possible and increase vaccination rates.
"Medical equipment can be expensive, especially as providers deal with the ongoing repercussions of the pandemic and its impact on their resources," said Sean Kendall, Meridian of Michigan President and CEO. "By pairing vaccination efforts with medical equipment grants, we're not only helping the Family Health Center in Kalamazoo protect their communities and loved ones from COVID-19, we're helping them invest in efficiency and new equipment for their facilities to continue providing quality healthcare to every individual who walks through their doors."
The health center said that community events were a staple of its testing and vaccination strategy from the beginning of the pandemic.
"We knew that several testing and vaccination sites were opening around Kalamazoo that required people to find a way to get to their location, and we knew FHC would play a major role in getting testing and vaccinations to those who had limited mobility, didn't have transportation, or only have a short window of time they could fit it in their busy days," said Alison Nuismer, Director of Marketing and Fund Development at the center. "We knew we had to go to the people at the neighborhood level."
Through a partnership with Bronson Health, the center said it was able to get out into the community quickly after the vaccinations were released.
FHC and Bronson Health held weekly neighborhood events to help vaccinate more than 500 individuals at each event. As the events continued, they saw a need to create more access and education on vaccine awareness in the Latinx and Black communities. In response, they partnered with El Concilio, a nonprofit organization that serves the Latino community in the greater Kalamazoo area, to host a community conversation with Latinx community leaders encouraging community members to get vaccinated.
FHC also partnered with Kalamazoo Public Schools and Mothers of Hope to bring vaccine events to places where people felt the most comfortable. From familiar spaces like schools or apartment complexes to local BBQs and community events where they gave away groceries and everyday essentials like laundry detergent, this team went above and beyond to think creatively on how to reach as many people as possible.
About Meridian
Meridian in Michigan provides government-sponsored managed care services to families, children, seniors, and individuals with complex medical needs primarily through Medicaid (MeridianHealth), Medicare Advantage and Medicare Prescription Drug Plans (Wellcare), Medicare-Medicaid Plans (MeridianComplete), and the Health Insurance Marketplace (Ambetter from Meridian). Meridian is a wholly owned subsidiary of Centene Corporation, a leading healthcare enterprise committed to helping people live healthier lives. For more information about Meridian, please visit mimeridian.com.
About FHC
Family Health Center is a non-profit 501(c)(3) Federally Qualified Health Center serving the citizens of Kalamazoo County. FHC provides quality health care to some 50,000 historically underserved patients, ensuring that all people who enter our facilities are treated with dignity, respect, and a welcoming spirit. FHC's goal is to create a "medical home" for families, children & adults who seek answers to their health care needs.
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SOURCE Meridian of Michigan | https://www.mysuncoast.com/prnewswire/2022/05/18/kalamazoo-family-health-center-receives-grant-covid-vaccination-efforts/ | 2022-05-18T11:58:42Z |
Multifamily investment firm's total transaction volume exceeds $400 million in the last 12 months
RICHMOND, Va., Aug. 18, 2022 /PRNewswire/ -- 37th Parallel Properties ("37th Parallel") just announced their newest acquisition, Creekside South, a 252-unit, 2015-built multifamily community located in the thriving Wylie submarket. The asset was acquired in an off-market transaction by 37th Parallel on behalf of their investors and joint venture partners. 37th Parallel now has more than 1,000 units in the Dallas-Fort Worth metro, representing over $235 million in asset value. This acquisition builds upon the firm's recent activity in the Sunbelt, completing over $320 million in transactions over the last twelve months with an additional $85 million pending.
"North Dallas has experienced explosive growth in recent years, benefiting from 18 of the top 25 corporate relocations and expansions in 2020 alone," said Dan Chamberlain, Managing Partner. "Wylie's population has grown 43% in the last eleven years, almost twice the rate of the Dallas-Fort Worth metro overall and six times the national average. With average household income over $115,000 and access to one of the best school districts in Dallas, we believe Creekside is particularly well positioned to capture the demonstrated suburban demand," said Chamberlain.
The property benefits from the comfort and convenience of a residential suburb combined with the connectivity and easy access to the multitude of Dallas metro amenities and employment centers. The property features a mix of one-, two-, and three-bedroom units with large floorplans averaging 936 square feet. Apartment and community amenities include nine-foot ceilings, private patios and balconies, resort-style swimming pool, outdoor lounge and firepit, as well as covered parking and attached garages.
Doug Fraser, who leads the acquisition efforts for the 37th Parallel, said, "The off-market acquisition of Creekside South is a testament to our proven investment philosophy and process and allows us to unlock significant value for our investors. We expect the demand for high-quality rental housing to continue as homeownership costs rise. The average price for a single-family home in the area has grown to $625,000, a 49% increase since January 2021."
This acquisition marks the 8th investment from 37th Parallel's inaugural fund, 37P – Fund I, which closed to new investment in early 2022. The Fund, which is over 85% invested, seeks to acquire value-add and core-plus multifamily real estate in dynamic growth markets in the Southeast and Texas. "We believe Creekside South makes an excellent addition to our growing Fund portfolio," says Chamberlain. "The Fund has experienced exceptional cash flow growth, with rental rates across all of its assets increasing an average of 18% in the last twelve months, nearly double the rate of inflation," he added. The Fund has investments in Dallas, Austin, San Antonio, and Atlanta.
The firm expects to launch its income and equity growth fund, 37P – Fund II, in September.
Chad Doty, Managing Partner, said, "Multifamily is benefitting from a significant supply-demand imbalance that continues to drive robust rental demand and high occupancy. The housing shortfall in the United States has grown to over 4 million homes, as the cost to build apartments has risen 31% in the last two years. Meanwhile, in the past eighteen months, the average home price has increased 35%, and mortgage rates have doubled, resulting in the widest cost differential between owning and renting in the past two decades. Given the demand and performance of Fund I, and the strong, secular tailwinds for multifamily, we are looking forward to the launch of Fund II in September," he said.
37th Parallel has been actively growing its multifamily portfolio throughout the Southeast and Texas and expects to surpass $1 billion in total transaction volume by the end of the year. "We are very excited about the opportunity set for multifamily going forward amidst broader economic uncertainty," said Fraser. "First, real estate supply is coming down as material costs have increased, supply chain challenges have elongated construction timetables, and higher interest rates have reduced liquidity for financing new projects. Combined with inflation, these factors support pricing power for existing real estate assets. Second, multifamily housing benefits from shorter duration leases, allowing rental rates to regularly reset to the prevailing market rates to stay ahead of inflation, which we have experienced real-time in our portfolio. Third, the sharp increases in home prices and borrowing costs have fueled record demand for multifamily. Our moderate leverage, demographic-focused model allows us to be conservative, while simultaneously putting us in a position to capitalize on the compelling investment opportunities that present themselves in volatile times."
Berkadia's Cutt Ableson secured low leverage debt financing from a global life insurance company on behalf of 37th Parallel for the acquisition.
37th Parallel Properties is a privately held, multifamily investment firm focused on owning and operating institutional multifamily communities in the Sunbelt. Based in Richmond, VA and founded in 2008, 37th Parallel has acquired and managed over 6,100 units and completed transactions totaling more than $950 million across the Southeast and Texas, all while maintaining a 100% profitable track record for its family of high net worth, family office, and institutional investors.
To learn more about 37th Parallel, visit www.37parallel.com.
MEDIA CONTACT
Kieran Donohue
Director, Communications
kdonohue@37parallel.com
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SOURCE 37th Parallel Properties | https://www.mysuncoast.com/prnewswire/2022/08/18/37th-parallel-properties-adds-north-dallas-presence-with-252-unit-community-acquisition/ | 2022-08-18T12:34:36Z |
MCLB-ALBANY — What does energy self-sufficiency at a military base in southwest Georgia have to do with military preparedness and the ability to support fighting forces thousands of miles away?
Quite a lot, according to military officials who announced on Tuesday that MCLB-Albany is the first military installation within the U.S. Department of Defense to reach the net-zero energy milestone.
The ceremony at the Albany base was attended by Gen. David Berger, commandant of the U.S. Marine Corps, and Meredith Berger, assistant secretary of the Navy for energy, installations and environment, as well as local elected officials and U.S. Rep. Sanford Bishop, D-Albany.
“This is more than one day, it’s a milestone in a very long journey,” Gen. Berger said during his remarks. “(I) get to recognize so many people who probably don’t get recognition every day. It’s significant not just for the Navy, not just for the Marine Corps, but for the Department of Defense.
“What you have done here in Albany set the tone for everybody else. You had a vision, you came up with the plan and you executed your plan. Now you are the standard for everybody else.”
The components that came together to allowed MCLB-Albany to meet its energy needs without drawing on commercial power grids include two landfill gas generators fueled by waste gas produced at the adjacent Dougherty County landfill facility, steam produced with biomass and advanced micro-grid controls. The facility can basically produce enough energy to power its operations and even sell excess electricity to Georgia Power Co. during most months.
That means the base can maintain operations during times when storms knock out power or in the event of a cyber attack or physical attack on commercial utilities, Gen. Bergen said.
“That’s a vulnerability for us,” he said.
“(This) eliminates that threat.”
Climate change has been devastating, and projects that help address it such as this one help reduce the military’s contribution to the threat, Meredith Bergen said. More than that, it makes the military more effective.
“We are taking this action and making this focus because it makes us better war-fighters,” she said. “The Marine Corps has a tradition for being the first in the fight. It’s only natural that the Marines should lead here in Albany, Georgia, in energy resilience.”
Eddie Hunt, who was energy manager at the base until his death last year, was recognized for his contributions to the effort.
“His main goal was going completely net-zero,” Hunt’s wife, Lisa Hunt, said during an interview after the ceremony. “Today would be the highest goal he could reach.
“When I got the invitation, I was happy and sad at the same time.”
Bishop responded to the accomplishment as “astonishing” during an interview following the ceremony, and said he was proud of base personnel.
“I’ve always said we have some of the best, some of the brightest, some of the most ingenious people anywhere in the world,” he said. “The Marine Corps always says they are the tip of the spear. Here, with net-zero, they are at the tip.”
Dougherty County approached Hunt in about 2009 with a proposal for using waste gas generated at the landfill, County Administrator Michael McCoy said.
“We’re very excited to be here,” he said.
“It is exciting for this community.” | https://www.albanyherald.com/news/marine-corps-logistics-base-albany-first-military-installation-to-achieve-net-zero-energy-status/article_83a8f4cc-db9d-11ec-9a7a-cbe89aedd9eb.html | 2022-05-25T02:19:55Z |
Which Hoover vacuum is best?
Of all the vacuum brands on the market, Hoover is among the better known. They offer vacuums of all types to fit any need, though their prices can be a little higher than standard. They offer bagged and bagless models for those with allergies, and cordless models for those wanting to clean hard-to-reach spots.
The best Hoover vacuum is Hoover WindTunnel 3 Max Performance Pet Upright Vacuum Cleaner. It’s powerful and includes several useful attachments, such as one for drapes and another for pet hair.
What to know before you buy a Hoover vacuum
Hoover vacuum types
Hoover makes vacuums in four types to suit a variety of needs.
- Uprights are your classic idea of a vacuum. They have a wide brush head that stays on the ground, while the body leans back so you can push and pull it as needed. Most upright vacs can clean all floor types. The downside is many are heavy, making them hard to maneuver or carry up and down stairs.
- Canisters use a hose and multiple head attachments to tackle floors, walls, ceilings, drapes or under furniture, as long as you have the proper head. They’re also the lightest vacuums by necessity, as you have to carry them and set them down as you move from room to room. The downside is they have small heads, so cleaning large areas can take a long time. They’re also cumbersome to store.
- Handhelds are similar to canisters except they’re meant for small, targeted messes, such as cleaning out your car or sucking up a child’s spilled cereal.
- Rogue is Hoover’s robot vacuum. It’s perfect for maintaining the cleanliness of your floors with your only job being emptying its bin. If you have a large home, especially one that’s bigger than a single story, you’ll need to buy more than one.
Bagged vs. bagless
Hoover vacuums are either bagged or bagless.
- Bagged vacuums are hypoallergenic, as they trap your vacuumed debris and are tossed out without needing to open the bag. They’re a recurring cost, however, and it can be tiresome to repeat the toss-and-replace process.
- Bagless vacuums have no recurring cost, but opening the dirt cup to empty it will always send a little bit of the sucked-up debris back into the air.
What to look for in a quality Hoover vacuum
Weight
The heavier the weight, the harder it is to control your vacuum. Hoover vacuums can be as light as 5 pounds or less (in the case of handhelds) or as heavy as 20 pounds in the case of uprights.
Filtration
Hoover vacuums typically use one or two filters to keep allergens trapped inside rather than sent back into the air. The best are high-efficiency particulate air filters.
Hoover React
The React series is Hoover’s technology upgrade. It uses Hoover’s FloorSense system to automatically adjust its brush speed and height to best clean specific flooring, and it can be customized over Bluetooth with the Hoover app.
How much you can expect to spend on a Hoover vacuum
Hoover vacuums cost $50-$300. Handhelds are the most affordable, usually topping out at $100. Canisters are next, followed by uprights. Hoover’s Rogue can be low or high on the cost spectrum.
Hoover vacuum FAQ
Does Hoover offer spare parts?
A. Yes. Hoover offers many spare parts and extra accessories on its website, plus you can always find them in other digital storefronts or retail outlets. If you’re considering a parts purchase away from the Hoover site and aren’t sure if it will work for your vacuum, you can always check the site for compatibility.
Does Hoover have a special vacuum for pet owners?
A. Yes and no, depending on how you look at it. Hoover directly markets some vacuums as being “pet vacuums,” but this usually just means they have powerful suction and include a special pet accessory that makes it easier to suck up hair and other pet-related debris. If you have a pet but want a vacuum that isn’t marketed for pets, most of the time all you need to do is purchase the pet accessory after the fact.
What’s the best Hoover vacuum to buy?
Top Hoover vacuum
Hoover WindTunnel 3 Max Performance Pet Upright Vacuum Cleaner
What you need to know: It’s one of Hoover’s latest and strongest vacuums.
What you’ll love: It’s bagless with a 1.42-liter dirt cup and a HEPA filter for trapping allergens. It also has an adjustable brush head to tackle both hard flooring and carpeting. It includes several attachments, such as a pet tool, crevice tool and a pivot dusting tool.
What you should consider: It’s among the heaviest vacuums, making it difficult for some to control and especially hard to move up and down steps.
Where to buy: Sold by Amazon and Home Depot
Top Hoover vacuum for the money
Hoover WindTunnel Whole House Rewind Upright Vacuum Cleaner
What you need to know: This is an older model with only a small drop in effectiveness.
What you’ll love: The cord is 25 feet long and retractable, so you’ll have little trouble reaching places and don’t have to worry about winding up the cord afterward. It has five heights for tackling multiple flooring and includes a few useful accessories such as a crevice tool.
What you should consider: Some users had issues with it failing to suck up deeply ingrained debris. Others reported receiving clearly used and refurbished models instead of new ones.
Where to buy: Sold by Amazon
Worth checking out
Hoover Commercial Pro Canister Vacuum Cleaner
What you need to know: This vac is perfect for cleaning the widest range of surfaces and locations.
What you’ll love: It’s only 8 pounds, making it a breeze to carry around as needed. It includes eight accessories — two chrome wands, a crevice tool, a dusting brush, a furniture nozzle, a rug nozzle, a wall nozzle and a cord storage strap.
What you should consider: A few consumers felt the suction power isn’t as strong as it should be. Some thought one or two of the attachments weren’t as durable as the others.
Where to buy: Sold by Amazon
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Jordan C. Woika writes for BestReviews. BestReviews has helped millions of consumers simplify their purchasing decisions, saving them time and money.
Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/home-br/vacuums-br/best-hoover-vacuum/ | 2022-04-16T01:03:34Z |
Shows Support for Women's Prison Reentry Programming
MIAMI, Aug. 5, 2022 /PRNewswire/ -- Monday, August 1, 2022, Vice President Kamala Harris made a surprise visit to LEAP's Dragonfly Thrift Boutique. LEAP (Ladies Empowerment & Action Program) is a nonprofit re-entry program providing transformational opportunities for women who have experienced incarceration. During her visit, the Vice President met with LEAP graduates, listened to their stories, and offered her support for the LEAP program and second chances.
"It was a momentous day for LEAP and all formerly incarcerated women who are desperate for a fresh start," said Executive Director Mahlia Lindquist. "Scant attention is given to the specific needs of women transitioning from prison. With her visit to LEAP, the Vice President changed that. She treated our women with respect, warmth and empathy. She listened to them. And in doing so, she shined a light on our women and how programs like LEAP help change lives and communities for the better."
LEAP Store Manager and Graduate Nancy DeNike showed the Vice President around the store, where she discussed the need for more reentry programs like LEAP. Dragonfly employees and program graduates Lori Collins, Danielle Estes, and Launa McMurry became emotional when meeting with the Vice President. They shared how the LEAP program has impacted their lives, and how they have reunited with their children, are in recovery, and living a life they never could have imagined thanks to LEAP.
"She gave us hope, she said she was proud of us and that she believed in us," said Cheyanne Guzy, Dragonfly Assistant Store Manager and LEAP Graduate. "It's hard to put into words what this visit meant to us. The Vice President of the United States took the time to listen to us."
Before leaving the Dragonfly, the Vice President purchased a set of appetizer plates. LEAP is a nonprofit organization in Miami, FL that empowers women who have experienced incarceration through in-prison programming, transformational opportunities, housing, employment, and advocacy. Dragonfly is LEAP's social enterprise and 100% of all proceeds support women who have experienced incarceration.
To learn more about LEAP, please visit our website. To support LEAP and shop for second chances, please visit the Dragonfly website.
CONTACT: Mahlia Lindquist, (786) 401-2070, mahlia@leapforladies.org
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SOURCE LEAP | https://www.mysuncoast.com/prnewswire/2022/08/05/vice-president-kamala-harris-meets-with-leap-graduates/ | 2022-08-05T13:54:38Z |
HELSINKI, April 1, 2022 /PRNewswire/ -- Productivity and reliability are key properties in Ponsse's harvester heads. Harvester heads must withstand constant stress in varying conditions and operate accurately without damaging stems. Continuous research and development together with customers and decades of experience have made our wood processing solutions productive and reliable. Ponsse provides highly advanced harvesting solutions, and we are one of the leading manufacturers in the markets.
Sign up to the PONSSE Studio online event to hear our customers' experiences and Ponsse employees' thoughts of harvester heads that are ideal for base machines used for processing wood.
Date and time: 6 April at 7 pm EEST
The event will be held in English, and it will be subtitled in Spanish, Portuguese, French and Finnish.
FURTHER INFORMATION:
Janne Loponen, product manager, harvester heads,
janne.loponen@ponsse.com,
tel. +358 40 502 8018
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
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SOURCE Ponsse Oyj | https://www.wibw.com/prnewswire/2022/04/01/ponsses-solutions-processing-operations/ | 2022-04-01T12:09:11Z |
Chris Rock takes to comedy mic, still processing Oscar slap
BOSTON (AP) — Chris Rock received several standing ovations before he told one joke Wednesday at his first comedy show since Will Smith slapped him in the face onstage at the Oscars.
Rock only briefly addressed the slap to the sold out crowd in Boston, saying he was “still kind of processing what happened.”
“Other than the weird thing, life is pretty good,” Rock said midway through his first of two sets. The nighttime performances came just three days after Smith smacked the comedian for making a joke about his wife, Jada Pinkett Smith, while presenting an Academy Award.
Rock didn’t mention Smith or Pinkett Smith by name at his show in Boston. Wearing all white, he seemed to be almost embarrassed by the multiple ovations he received. As the applause carried on for minutes — with fans yelling “I love you, Chris!” — the comedian appeared to be getting emotional, a guest seated near the stage told The Associated Press.
“How was your weekend?” Rock joked before getting into his set.
Ticket prices skyrocketed after Smith took to the awards stage and slapped Rock on live TV, but the comedian made clear he wasn’t going to talk at length about it Wednesday.
“If you came to hear that, I’m not ... I had like a whole show I wrote before this weekend,” Rock said.
He spent much of the night skewering celebrities and politicians. Among them were the Duchess of Sussex, the Kardashians, as well as President Joe Biden, Hillary Clinton and former President Donald Trump.
Outside the venue, a fan showed off a T-shirt featuring the “G.I. Jane” logo and Pinkett Smith’s face. Another had a shirt he made that showed Smith’s face and displayed a crude joke about the couple’s relationship.
At least one person yelled during the show that Rock should sue Smith.
Rock’s joke at the Oscars was about Jada Pinkett Smith’s buzzed haircut: “Jada, I love you. ‘G.I. Jane 2,’ can’t wait to see it,” Rock said, comparing Pinkett Smith to Demi Moore’s “G.I. Jane” character, who had a buzz cut in the 1997 film.
Smith promptly stood up from his seat at the front of the venue and took to the stage, slapping Rock across the face before sitting back down and yelling at Rock to keep his wife’s name out of his mouth.
Pinkett Smith has spoken publicly about her diagnosis of alopecia, which can cause baldness.
Within an hour, Smith won best actor, receiving a standing ovation. During his five-minute acceptance speech, Smith talked about defending his family and apologized to the academy. A day later, Smith issued an apology to the comedian, to the academy and to viewers at home, saying he was “out of line” and that his actions are “not indicative of the man I want to be.”
Pinkett Smith responded Tuesday with a graphic on Instagram that read: “This is a season of healing and I’m here for it.” She offered no further comment.
George Guay, a 24-year-old fan from Boston who grew up on “Everybody Hates Chris,” said he bought a ticket after Rock was slapped by Smith.
“He’s the most popular celebrity so I want to be here,” Guay said before the show, adding that he hoped Rock would open with a response to the situation. “I just want a good show.”
Afterward, some fans were a little disappointed he did not address the controversy more directly. But they also said they could see from his body language that he wasn’t sure how to do it.
“As soon as I saw him, his mood was a little bit shocked,” said Dave Henriquez, a 48-year-old musician from Newton, Massachusetts. “I got that it was weighing on him.”
Erin Ryan, a 33-year-old teacher also from Newton who was with Henriquez, said she felt Rock wanted to perform his act, “not make the standup about the one incident.”
Kathryn West-Hines, a 50-year-old Pilates instructor from Malden, Massachusetts, said she came away with even more respect for Rock. “I thought it was amazing, classy,” she said, adding that he wasn’t going to let “what happened Sunday” take away his shine.
The Academy of Motion Pictures Arts and Sciences condemned Smith striking Rock. Its board of governors met Wednesday to initiate disciplinary proceedings against Smith for violations of the group’s standards of conduct. The academy said it had asked Smith to leave the ceremony after hitting Rock, but he refused to do so.
This was not the first time Rock had made a joke at Pinkett Smith’s expense. When he hosted the 2016 Oscars, some people boycotted the ceremony over the #OscarsSoWhite group of nominees, including the Smiths. Said Rock then: “Jada boycotting the Oscars is like me boycotting Rihanna’s panties. I wasn’t invited.”
Wanda Sykes, who co-hosted the Oscars with Amy Schumer and Regina Hall, said she felt physically ill after Smith slapped Rock. In an interview with Ellen DeGeneres scheduled to air April 7, Sykes also said letting Smith stay and accept his award should not have happened.
The drama overshadowed some historical wins at an Oscars. The deaf family drama “CODA” became the first film with a largely deaf cast to win best picture. For the first time, a streaming service, Apple TV+, took Hollywood’s top honor, signaling a profound shift in Hollywood and in moviegoing. Wins for Ariana DeBose of “West Side Story, ”Troy Kotsur of “CODA” and Jane Campion, director of “The Power of the Dog,” all had made history.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/03/30/chris-rock-readies-1st-show-since-will-smith-slapped-him/ | 2022-04-01T19:11:24Z |
Esther Jarolik Haverland
Esther Jarolik Haverland, age 90, of Troy, Texas (formerly of Temple, Texas) passed away July 1, 2022 at home surrounded by her loved ones. Esther was born November 30, 1931 in Holland, Texas to Joe and Louise Jarolik. A family celebration of life will be held at a later time in Galveston, Texas.
Esther attended Holland ISD. She married the love of her life, Emil Haverland on June 25, 1949. Together they had two sons and two daughters: Robert Haverland, Sr., Larry Haverland, Linda Rance and Sharon Trompler. They made a home in Temple, Texas where they lived for 41 years. Esther started her printing career at Greshams and then transferred to American Printing, where she completed 50 years of employment until her retirement at the age of 80. Esther enjoyed her trips to the beach in Galveston, BINGO, casino’s, gardening and most of all spending time with her family and friends. Esther was always the life of the party, with a huge smile and a laugh for all.
She is preceded in death by her husband Emil Haverland, son; Larry Haverland, parents; Joe and Louise Jarolik, two brothers and two sisters.
Esther is survived by her son; Robert Haverland Sr., daughter, Linda Rance, daughter Sharon Trompler and husband Robert Trompler. Grandchildren; Robert Haverland, Jr, Tina Walden and husband Dustin, Anthony Haverland and wife Lindsey, Casey Rance, Chris Rance and wife Christy, Cory Rance and wife Nicole, and Ryan Trompler. Great Grandchildren; Tiffany Schneider, Bridget Rubac, Tim Haverland, Sara Collins, Christopher Rance and Caylee Rance. As well as, three Great-Great Grandchildren. Two Sisters, Mary Davis and Tillie Whatley and one brother Frankie Jarolik. Fur-babies include Mama Cat and Longtail.
A special Thank you to the Baylor Scott & White Hospice team; Patty, Jessica, Amy, Maggie, Bianca, Aaron and Cassandra for showing so much care and compassion. Enjoying the “multiple” recorded concerts and just taking the time to visit so Esther could remain home with her loved ones. We love Y’all!
Falcon Family Funeral Directors in charge of arrangements.
In lieu of flowers the family ask that any donations be made to Tiny Hooves Rescue and Petting Zoo.
Paid Obituary | https://www.tdtnews.com/obituaries/article_0c7ea978-fc86-11ec-91e0-8716b57053e7.html | 2022-07-06T12:19:31Z |
Company will use capital to further accelerate rapid retail expansion and online sales, as well as hire key team members to support continued record growth
CHICAGO, Aug. 8, 2022 /PRNewswire/ -- Black Buffalo Inc. ("Black Buffalo" or the "Company") today announced the successful completion of a $30 million Series A equity raise, led by The Pritzker Organization ("TPO") and Listen Ventures, with additional participation from Watchfire Ventures, Vice Ventures, and UTC Ventures (an affiliate of United Tobacco Company). TPO Managing Director Jason Pritzker and Listen Ventures Managing Partner Jeff Cantalupo have joined the Board of Directors of Black Buffalo in conjunction with the transaction closing.
Since its founding in 2015, Black Buffalo has invested tens of thousands of hours of research and development into creating the industry's best smokeless tobacco alternative products, which include long cut and pouches varieties and which are marketed exclusively to adult consumers (age 21+) of nicotine or tobacco. The Company offers eight core products that contain pharmaceutical-grade, tobacco-derived nicotine but no tobacco leaf or stem, and these core products remain the subjects of a pending bundled Premarket Tobacco Product Application ("PMTA") application that the Company timely submitted to the U.S. Food and Drug Administration ("FDA") in September 2020. The Company has also developed a lineup of ZERO-branded nicotine-free, tobacco-free products. Black Buffalo has experienced continued record growth, with topline revenue up approximately 10x from the beginning of 2020. The Company's products received all three major 2021 Best New Product Awards from the convenience channel's leading trade publications.
TPO Managing Director Jason Pritzker remarked, "Black Buffalo's strategy and vision aligns perfectly with The Pritzker Organization's core competency of partnering with exceptional management teams to build best-in-class businesses over the long-term. We are excited to partner with Black Buffalo to continue driving their rapid growth."
Black Buffalo's President and Co-Founder Mark Hanson commented, "We are pleased to have such outstanding investment partners in TPO and Listen Ventures. Black Buffalo's business is experiencing unprecedented growth as adult consumers continue to seek out alternatives in the nicotine and tobacco segments. We believe that TPO and Listen Ventures will provide far more than just capital to accelerate every aspect of our business, including identifying new key hires in sales, marketing, manufacturing, and finance."
Black Buffalo's products can be purchased by adult (age 21+) consumers of nicotine or tobacco products at over 800 convenience stores and tobacco outlets nationwide, as well as online at www.blackbuffalo.com. To find the retail store carrying Black Buffalo products nearest you, please visit https://blackbuffalo.com/pages/where-to-buy-black-buffalo. Interested retailers may contact wholesale@blackbuffalo.com to learn more about Black Buffalo's industry-leading retail program to support sales at locations ranging from national convenience chains to corner-store independents.
About Black Buffalo
Founded in 2015, Black Buffalo has created the world's finest smokeless tobacco alternative products, backed by over 20,000 hours of research and development. In 2021, the Company's products were honored with the CSP Retailer Choice Best New Product Award, the Convenience Store News Best New Products Award, and the CStore Decisions Hot New Products Award. Certain of Black Buffalo's smokeless tobacco alternative products contain pharmaceutical-grade nicotine, which is an addictive chemical, and Black Buffalo's products are intended for use solely by adults age 21 and over who are existing users of tobacco or nicotine products.
On September 9, 2020, Black Buffalo submitted a bundled PMTA for its five long cut and three pouches smokeless tobacco alternative nicotine-containing products, marking a substantial milestone in the Company's history and ensuring the aforementioned products' continued marketing during the PMTA review process. On March 4, 2021, Black Buffalo received notification of the FDA's acceptance of its bundled PMTA. Further, on May 20, 2022, the Company received notification of the FDA's filing of its bundled PMTA, which reflected the FDA's determination that the Company's PMTA "is sufficiently complete to enter [the] substantive review phase." The Company does not use synthetic nicotine in its products, and therefore the recent federal legislation subjecting synthetic nicotine products to FDA regulation does not impact any of Black Buffalo's products. Additionally, the Company's products were on the U.S. market on August 8, 2016 (i.e., the so-called Deeming Rule's effective date.)
About The Pritzker Organization
The Pritzker Organization ("TPO") is the merchant bank for the business interests of the Tom Pritzker family. For over 60 years, TPO has focused on partnering with exceptional leaders to create value across a wide range of businesses. TPO looks for opportunities where it can add value alongside its partners, and grow businesses over a significant time horizon. TPO invests across any stage of a business' life cycle, from early stage to mature, through control acquisitions, minority stakes, and anchor investments in third party managers. Additional information can be found at www.pritzkerorg.com.
About Listen Ventures
Founded in 2010, Listen is a consumer-obsessed venture capital firm based in Chicago. Listen's team of investors, brand experts and creative capitalists operate a concentrated investment strategy partnering with extraordinary entrepreneurs to build the brands of tomorrow. Portfolio brands include Calm, Factor, Public Goods, Interior Define, Own Up, Miss Grass, Dame, and KiwiCo. Learn more at Listen.co.
Black Buffalo's Forward-Looking Statements
Any projections or other estimates herein are forward-looking statements and are based upon certain assumptions that Black Buffalo Inc. ("Black Buffalo," the "Company," "we," "us," "our," "ours," et. al as noted in context herein) has deemed reasonable. Financial, market, economic or legal conditions, the performance of the Company, regulatory developments, and other factors could cause actual results to differ materially from those set forth in the forward-looking statements herein. The business and prospects of the Company may have changed materially since the date hereof. Some of the factors that could cause actual results to differ materially from the forward-looking statements contained herein include, without limitation: (i) the contraction or lack of growth of markets in which we compete and in which our products are sold, (ii) unexpected increases in our expenses, including manufacturing expenses, (iii) delays or cancellations in spending by our suppliers or customers, (iv) delayed action on or issuance of marketing denied orders in response to our Premarket Tobacco Product Applications, or other negative actions taken by, the U.S. Food and Drug Administration, and (v) the impact of the current coronavirus pandemic or other pandemics or natural disasters on our sourcing operations and supply chain. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
Black Buffalo Media Contacts
Jeffery David (JD), Co-Founder
jd@blackbuffalo.com
Matthew Hanson, Chief Growth Officer
matthew@blackbuffalo.com
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SOURCE Black Buffalo | https://www.mysuncoast.com/prnewswire/2022/08/08/black-buffalo-inc-leading-smokeless-tobacco-alternative-company-raises-30-million-pritzker-organization-listen-ventures/ | 2022-08-08T13:15:49Z |
BERLIN (AP) — Austrian political leaders have expressed shock over the death of a doctor who closed her practice after she reported receiving death threats from opponents of COVID-19 restrictions and vaccines.
The body of Dr. Lisa-Maria Kellermayr, a general practitioner who had publicly stressed the effectiveness of vaccination, was found at her practice office in a rural area of northern Austria on Friday, Austrian media said.
Prosecutors in Wels confirmed a suicide and said notes were found, the contents of which they would not divulge, the Austria Press Agency reported.
Kellermayr announced a month ago that she was closing the practice temporarily after more than seven months of receiving death threats. She said she had spent over 100,000 euros ($102,000) on security.
In mid-July, Kellermayr said was permanently closing the practice because she couldn’t “offer any perspective for whether or when it will be possible for us to work under ‘normal’ circumstances.”
Austrian President Alexander Van der Bellen wrote on Twitter that his thoughts were with Kellermayr’s family and friends.
“Let us end this intimidation and fear. Hatred and intolerance have no place in our Austria. Let us always find a way to live together peacefully,” he said.
Health Minister Johannes Rauch said Kellermayr’s death “deeply shocks me.”
“As a doctor, she dedicated her life to the health and well-being of others,” Rauch tweeted. “Death threats against her and her colleagues were brutal reality.” He called such threatening behavior inexcusable and said it “must finally stop.”
In June, prosecutors in Wels closed an investigation of a German suspected of threatening Kellermayr, saying German authorities were responsible for the case, APA reported. Police in Austria continued an investigation against persons unknown. | https://cw33.com/health/ap-health/death-of-doctor-who-faced-threats-over-covid-shocks-austria/ | 2022-07-31T00:49:37Z |
R/GA's latest research report uncovers the six brand attributes that outweigh "surprise and delight" in keeping customers satisfied
NEW YORK, July 12, 2022 /PRNewswire/ -- Published today, R/GA's latest Brand Relationship Design report shows that despite marketers' shift to a focus on retention, just over a third (35%) of customers are completely satisfied with their brand relationships.
"Something's clearly not working, and we set out to uncover what that is," said Global CMO Ashish Prashar. R/GA's proprietary research study of 13,500 US consumers comes with actionable insights that upend some conventional marketing wisdom, reveal what matters most to customers today, and provide marketers with steps they can take to improve their relationships as brands are pressured to get the most out of their marketing investments.
R/GA focused on four main categories – tech, financial services, retail, and hospitality – to see how different attributes stack up when it comes to customer satisfaction.
Here are some of our key findings:
- Not surprised, not delighted: What customers really want are experiences that are easy to use, from onboarding to troubleshooting. Ease of use and first impression are the top contributors to customer satisfaction and retention.
- What community? Only around one in five customers (21%) are a member of brand community initiatives and communities have little impact on satisfaction.
- Customers don't find reward programs all that rewarding: Less than a third (32%) of respondents strongly agree that they are rewarded with things that matter to them.
A confident customer is a satisfied customer.
"Our research showed that when brands harness the power of selective restraint and design experiences by being intentionally reductive, they're more likely to achieve highly satisfied customers," said Paul Turzio, Global Head of Data, Marketing Sciences & CRM at R/GA. "However, building customer satisfaction requires more than just conventional user-friendliness."
When analyzing the data, R/GA uncovered that more than 70% of attributes that contribute to customer satisfaction are linked to customer confidence – not only in the quality of a product or service, but more significantly, in helping customers reach the greater motivation behind their purchases.
"Marketers must future-proof their experiences to retain customers ahead of an expected economic downturn. The results of our study make it clear — the experiences that boost buyers' confidence while making their lives easier will achieve satisfied, and confident long-term customers," said Yuliana Safari, Associate Marketing Director, who co-authored the study.
Download the full report at https://rga.com/futurevision/reports/brand-relationship-design-2022.
R/GA plans to break down the research findings and discuss the playbook in a live global event with Reuters tomorrow, July 13, at 11am ET / 4pm GMT. Sign up here.
About R/GA
R/GA is a global digital product, marketing & brand innovation company, part of The Interpublic Group of Companies (NYSE: IPG), with 15 offices across the United States, Europe, South America, and Asia-Pacific. We help brands and businesses define, connect with and create more human futures. We offer services across communications, brand design and consulting, experience design, technology strategy and engineering, media planning and buying, and relationship design. We also have specialized practices R/GA Health and R/GA Ventures. For more information about R/GA, please visit rga.com.
Research Methodology
R/GA surveyed 13,494 consumers in the US in March 2022, focusing on four brand categories: tech, financial services, retail, and hospitality. To qualify for the study, respondents answered a series of screening questions about their purchases and/or accounts within each category. Respondents rated a maximum of two brands of which they were recent or current customers, using scales as well as open-ended questions, to gain a more complete understanding of their experiences.
R/GA's global research team leveraged Forsta's Decipher platform for programming and data collection, with sample sourcing from Lucid Marketplace.
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SOURCE R/GA | https://www.wibw.com/prnewswire/2022/07/12/not-surprised-not-delighted-only-third-customers-are-happy-with-their-brand-relationships/ | 2022-07-12T16:41:47Z |
KINGSTON, Jamaica, July 14, 2022 /PRNewswire/ -- Digicel Group Holdings Limited ("DGHL" or "Digicel") is pleased to announce completion of the sale of Digicel Pacific Limited ("Digicel Pacific" or "DPL"), its wholly owned subsidiary, to a subsidiary of the Australian telecommunications company Telstra Corporation Limited, with funding from the Australian Government, through Export Finance Australia.
The transaction values Digicel Pacific at up to US$ 1.85 billion, inclusive of a three year, US$ 250 million earn-out, equating to approximately 8.3 times DPL's adjusted earnings before interest, tax, depreciation and amortisation of approximately US$ 222 million in the year ended March 31, 2021. A payment of US$ 1.6 billion, before deduction for customary working capital and other adjustments, is payable to DGHL upon closing of the transaction and Digicel expects to achieve the maximum earn out payment of US$ 50 million in respect of the first earn out period which is based on service revenue performance for the year ended March 31, 2022.
Digicel is also pleased to report that the Independent State of Papua New Guinea has agreed to enter into a binding international arbitration process to resolve the disputed one-time PGK 350 million (approximately US$ 99.4 million) exit tax and to waive a further PGK 50 million (approximately US$ 14.2 million) sought in respect of non-payment of the tax to date. As part of this process US$ 99.4 million has been placed in escrow on closing pending the outcome of the arbitration which will take place in Singapore.
Digicel Pacific operates in six markets in the South Pacific including Papua New Guinea, Fiji, Samoa, Vanuatu, Tonga and Nauru. There will be no change to the Digicel brand in the six markets and the current management team will remain with and continue to lead the business, delivering best in class telecommunications services to Digicel Pacific's valued customers through-out the region.
Commenting, Denis O'Brien, Digicel Founder and Chairman, said: "Having established our Pacific operations as a business start-up in 2005, we depart with enormous pride in a team that has made affordable best-in-class communications available to more than 10 million people across six of the most exciting economies in the region. I am deeply grateful to all our colleagues who contributed to this success and in particular, to our 1,700 staff in the Pacific who I know will continue to represent the Digicel brand with pride under new owners Telstra. We wish them every continued success for the future."
Commenting, Oliver Coughlan, Group Chief Executive, said: "Until 2020 I was privileged to serve as CEO of our Digicel Pacific operations over many years and to work with exceptional people at this highly performing, high growth business. They retain our appreciation and friendship. Post this transaction, Digicel is well positioned to support continuing growth in our well-invested networks in our 25 markets in the Caribbean and Central America."
For Reference:
About Digicel
As a Digital Operator, Digicel is in the business of delivering powerful digital experiences 1440 minutes of each day to customers – that's every minute, all day, every day.
Through its world-class LTE and fibre networks, together with its suite of 8 apps spanning sports (SportsMax), music (D'Music), news (Loop), local radio and podcasts (GoLoud), TV streaming (PlayGo), enhanced messaging and marketplaces (BiP), cloud storage (Billo) and self-care (MyDigicel app), Digicel is the only operator in its markets that can deliver that.
Serving consumer and business customers in 25 markets in the Caribbean and Central America, its investments of over US$ 6 billion and a commitment to its communities through its Digicel Foundations in Haiti, Jamaica, and Trinidad & Tobago have contributed to positive outcomes for over 3 million people to date.
With its Better Together brand, Digicel is making a promise of simply more to customers and communities and its 5,300 employees worldwide work together to make that a powerful reality day in, day out. Visit www.digicelgroup.com for more.
Forward-Looking Statements
This release contains forward-looking statements within the meaning of the federal securities laws of the United States. Certain other jurisdictions may have analogous concepts. Such forward-looking statements reflect, among other things, management's current expectations, plans and strategies, and anticipated financial results, all of which are subject to known and unknown risks, uncertainties and factors that may cause our actual results to differ materially from those expressed or implied by these forward-looking statements. Many of these risks are beyond our ability to control or predict.
Because of these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements. Furthermore, forward-looking statements speak only as of the date they are made. We do not undertake any obligation to update or review any such forward-looking information, whether as a result of new information, future events or otherwise.
Other disclosure
Our debt securities are not registered with the SEC or any other securities regulator and are not listed with any exchange. We have no intention of registering the securities in the United States or listing them with any exchange.
Certain figures in this release, including financial data, are rounded. Accordingly, corresponding calculated figures, including totals and percentage changes, may not be an exact arithmetic presentation of the corresponding figures.
Regulation G
This release contains non-GAAP financial measures as defined by Regulation G of the rules of the Securities and Exchange Commission.
Logo: https://mma.prnewswire.com/media/737804/Digicel_Logo.jpg
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SOURCE Digicel Group Limited | https://www.wibw.com/prnewswire/2022/07/14/digicel-completes-sale-pacific-operations-telstra/ | 2022-07-14T08:25:56Z |
Vice President of North America R&D to join panels on C-V2X and Edge Computing; booth will feature DENSO's Two Great Causes: Green and Peace of Mind
SOUTHFIELD, Mich., Sept. 16, 2022 /PRNewswire/ -- DENSO, a leading mobility supplier, will exhibit and participate in panels at ITS World Congress 2022 in Los Angeles, September 18-22.
DENSO's booth, #811, will feature displays centered on how the company's future vision and product portfolio are powering its pursuit of its Two Great Causes: Green — achieving carbon neutrality by 2035 — and Peace of Mind — creating a safe and seamless world for all. Among the displays, one will outline how DENSO is using blockchain technology and advanced QR codes to increase the carbon footprint traceability of vehicle batteries. This helps build trust and reliability in supply chains and contributes to greater sustainability as electric vehicles become more prevalent.
Roger Berg, vice president of North America R&D at DENSO, will join two panels:
- Monday, Sept. 19, 1-2 p.m. PT, Exhibit Hall Education Theater: C-V2X for Safety Services
- Brad Stertz, Director of Government Affairs at Audi
- Jim Misener, Global V2X Ecosystem Lead, Qualcomm
- Tim Johnson, a Director of IoT Sales in the public sector
- Together they'll discuss how C-V2X safety services, such as traffic signal pre-emption and road hazard information, are saving lives and why it's important to preserve and expand spectrum for these types of solutions.
- Tuesday, Sept. 20, 2-3pm PT, Exhibit Hall Education Theater: Edge Computing and the Future of Connected Vehicle Services
- Said Tabet, Distinguished Dell Engineer and AECC Board Member
- Ludovico Fassati, SVP America and President B2B America, Nexar
- Alex Oyler, Director, North America, SBD Automotive
- Panelists will provide an overview of the connected vehicle services ecosystem and discuss data management and transfer challenges that currently exist in the space. They'll also give updates on the Automotive Edge Computing Consortium's (AECC) work to help conquer these data hurdles using an edge computing approach.
"DENSO is dedicated to creating a mobility future that's sustainable, safe and efficient for all," Berg said. "Participating in events like ITS World Congress 2022 enhances our efforts to accomplish this. It also strengthens our commitment to innovate in emerging areas and to collaborate with new partners so we can contribute to a better world. We look forward to connecting with attendees who share this same passion."
While DENSO has a 70-year history of manufacturing leading automotive components and technology for automakers worldwide, the company's participation at the show reflects its broadening focus on mobility.
In 2018, DENSO announced its Second Founding, a strategic shift designed to add new, digital-first capabilities in addition to its hardware expertise to enhance the company's offerings in electrification, automated driving, mobility and non-automotive fields.
For those interested in working at an automotive supplier with an eye on the future while supporting its employees' growth, visit densocareers.com.
DENSO is a $45.1 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 198 facilities to produce electrification system, powertrain system, thermal system, mobility electronics, & advanced devices, to create jobs that directly change how the world moves. The company's 167,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 9.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2022. For more information about global DENSO, visit https://www.denso.com/global/en/.
In North America, DENSO is headquartered in Southfield, Michigan, and employs 27,000+ engineers, researchers, and skilled workers across 51 sites in the U.S, Canada and Mexico. In the United States alone, DENSO employs 17,700+ employees across 14 states (and the District of Columbia) and 41 sites. In the fiscal year ending March 31, 2022, DENSO in North America generated $9.5 billion in consolidated sales. DENSO is committed to advancing diversity and inclusion inside the company and beyond – a principle that brings unique perspectives together, bolsters innovation, and pushes DENSO forward. Join us, and craft not only how the world moves, but also your career: densocareers.com. For more information, go to https://www.denso.com/us-ca/en/
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SOURCE DENSO | https://www.kxii.com/prnewswire/2022/09/16/denso-exhibit-participate-mobility-themed-panels-its-world-congress-2022/ | 2022-09-16T13:47:21Z |
"One-stop-shop" provides end-to-end service and maintenance to ensure fleet readiness
HANOVER, Md., June 16, 2022 /PRNewswire/ -- Phillips Corporation, a leading service provider and manufacturing partner to the U.S. federal government, today announced the company's celebration of 60 years of continuous service supporting the U.S. Navy. Since founding its Federal division in 1961, Phillips Corp. has performed thousands of services and won numerous contracts for U.S. Armed Forces facilities across the country.
During the six-decade partnership with the Navy, Phillips has served as the fleet's trusted partner supporting U.S. Navy shipyards so they have the industrial service and maintenance capabilities they need to succeed.
"Sixty years ago, the U.S. Department of Defense and the U.S. Navy first selected Phillips Corporation to provide support and management of logistics, maintenance, and industrial operations across shipyards," said Joe Harrison, President of Phillips Corporation – Federal Division. "Today, we celebrate the anniversary of that decision and our continuous relationship with the Navy. We're so proud to support the U.S. Armed Forces and we look forward to another 60 years of providing world-class service to our country's military."
Throughout the tenure of its relationship with the Navy, Phillips Corp. has served as a "one-stop shop" that provides end-to-end, full-service solutions for maintenance and calibration analysis of industrial plant equipment. The company provides fast, reliable, and responsive maintenance support in multiple areas, including the following:
- Preventative maintenance;
- Certification and calibration tests;
- On-the-job maintenance training;
- Provision of maintenance consumables (as part of preventive and corrective maintenance); and
- Reporting.
"Phillips Corp. built our industry-leading reputation by providing expertise at the intersection of logistics, maintenance, and industrial operations, and that explains the success and durability of our ongoing relationship with the U.S. Department of Defense and other federal agencies," said Harrison, who is also a Lieutenant Colonel currently serving in the United States Army Reserve. "We remain mission-driven in our support of the U.S. Navy, and we will continue our work maintaining the Navy's warships and combat systems, rapidly getting ships to sea, and ensuring their readiness to deliver responsive combat power to the fleet."
For more information on the Phillips Corp.'s Federal division, please click here.
About Phillips Corporation
For more than 60 years, leaders in government, industry and education have trusted the experts at Phillips Corporation to solve their greatest manufacturing challenges. Our mission is to create legendary value for the manufacturing community by unlocking solutions that propel profitability, productivity, and new capability. Phillips provides a powerful combination of equipment, applications expertise, training, and services to meet the fast-changing needs of all manufacturers. Learn more about Phillips at www.phillipscorp.com.
Contact:
Jay Staunton
781-790-6023
jay@skibereen.com
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SOURCE Phillips Corporation | https://www.kxii.com/prnewswire/2022/06/16/phillips-corporation-celebrates-60-years-providing-services-us-navy/ | 2022-06-16T13:35:26Z |
NEW YORK, July 29, 2022 /PRNewswire/ -- This International Youth Day, a new generation of young leaders will gather in New York City with a single mission: reshape the world. Gathered at the 27th Session of The Youth Assembly (August 12-14), 600 young people will build global action networks and engage in discussions with leaders in changemaking, including global institutions, advocacy groups, multinational companies, and impact-driven organizations.
"We must place young people at the center of creating positive change in the world," says Daniel Obst, President and CEO of AFS Intercultural Programs, the global not-for-profit organizer. "We know young people have the ideas and skills to make a difference, and we are excited to provide this global platform that will help them shape the world they want to live in."
The Youth Assembly program will tackle pressing challenges related to Youth, Global Health, Global Citizenship, Technology and Inclusion, aligning with the United Nations Secretary General's Report on Our Common Agenda. The event launches on International Youth Day—both as a way to celebrate and also to focus on the greatest asset the world has, our youngest generations. Given the urgency that 1.2 billion young people around the world demonstrate towards taking action for a better world, The Youth Assembly will provide opportunities for long-term planning and meaningful, diverse and effective youth engagement in tackling current and future challenges. The opening ceremony scheduled to take place at the UN will set the tone of reflection, debate, and innovative thinking on sustainable development throughout the event.
One in four Delegates has received scholarships to join this event, thanks to sponsors like bp, Schwarzman Scholars, AstraZeneca, DHL, and others, ensuring equity and inclusion in this event. Among other opportunities, Delegates will compete for the AFS Award for Young Global Citizens, worth $10,000 to support ongoing social impact ventures that address the UN Sustainable Development Goals (SDGs).
The Youth Assembly is organized by AFS Intercultural Programs, renowned for its intercultural learning programs that empower young people with global skills—and the passion for making a difference. Program partners include Candid, DoSomething.org, the Institute of International Education, Pencils for Promise, pwc, Terracycle, Tony Blair Institute for Global Change, UN Habitat, UNICEF, University of Pennsylvania Center for Social Impact Strategy, USAID, the World Bank, and many more.
More information at: youthassembly.org.
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SOURCE AFS Intercultural Programs | https://www.mysuncoast.com/prnewswire/2022/07/29/hundreds-young-leaders-70-countries-gather-nyc-reshape-world/ | 2022-07-29T17:29:22Z |
LAS VEGAS (AP) — Tre Mann had 15 points and seven assists to lead the Oklahoma City Thunder to an 86-80 victory over the Sacramento Kings on Wednesday night in the NBA Summer League.
Oklahoma City’s three first-round picks draft all contributed to the victory.
No. 2 overall pick Chet Holmgren had eight points, five rebounds, five steals and three assists before fouling out. No. 12 pick Jalen Williams added 12 points, while No. 11 pick Ousmane Dieng — acquired in a draft-day trade with the Knicks — had 12 points and seven rebounds.
Sacramento’s Keegan Murray — the fourth overall choice — had 29 points, seven rebounds and four steals. Jared Rhoden added 16 points and eight rebounds. Keon Ellis had 14 points and five assists.
BUCKS 87, TIMBERWOLVES 75
Sandro Mamukelashvili had 18 points and 15 rebounds to lead Milwaukee Bucks past Minnesota.
Mamukelashvili, who was coming off a 28-point game Monday, also had four of Milwaukee’s 25 assists on 30 field goals.
MarJon Beauchamp made four of Milwaukee’s 15 3-pointers and finished with 15 points. Rayjon Tucker, Lindell Wigginton and Zylan Cheatham each scored 14 points.
Kevon Harris scored 16 points for Minnesota. Terrell Brown Jr. added 14 points, Wendell Moore Jr. had 13 and Marial Shayok 11.
HORNETS 91, CAVALIERS 80
Bryce McGowens made five 3-pointers and scored 24 points as Charlotte beat Cleveland.
Mark Williams, Brady Manek and LiAngelo Ball each scored 12 points, and Kai Jones added 11 for Charlotte (2-1).
Ochai Agbaji scored 24 points, with four 3-pointers, for Cleveland (1-2). Cameron Young added 11, Amauri Hardy had 10 and Isaiah Mobley grabbed 11 rebounds. The Cavaliers were 5 of 25 from distance.
PELICANS 106, WIZARDS 88
Deividas Sirvydis scored 25 points, going 6 of 10 from 3-point range, to help New Orleans beat Washington.
New Orleans trailed at halftime, but outscored Washington 28-15 in the third quarter to take the lead for good.
Jared Harper made 10 of 14 free throws and had 18 points and six assists for New Orleans (2-1). Daeqwon Plowden added 16 points and Dereon Seabron had 13.
Vernon Carey Jr. made his first five shots and scored 11 points for Washington (1-2). Tyler Hall also scored 11 points and Tahjere McCall added 10.
RAPTORS 80, JAZZ 74
D.J. Wilson had 22 points and nine rebounds, Jeff Dowtin added 19 points and Toronto handed Utah its first loss.
Dowtin made a contested layup with 45.6 seconds left for a four-point lead. Utah missed 3-pointers on its next two possessions and Dowtin sealed it with two free throws.
Jared Butler scored 12 points, Leandro Bolmaro added 11 and Darryl Morsell had 10 for Utah (2-1).
76ERS 75, HEAT 71
Trevelin Queen scored 16 points, Tyler Bey added 14 and Philadelphia held off Miami.
Malik Ellison had 12 points and 10 rebounds for Philadelphia.
Javonte Smart topped Miami with 20 points, and Haywood Highsmith had 17 points, seven rebounds and three blocks.
NUGGETS 80, CLIPPERS 75
Matt Mitchell had 17 points and six rebounds to help power Denver past Los Angeles.
Nuggets first-rounder Christian Braun — 21st overall — had eight points to go along with 12 rebounds, five assists and three blocks.
Jay Scrubb led the Clippers with 18 points.
___
More AP NBA: https://apnews.com/hub/NBA and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/mamukelashvili-helps-bucks-top-timberwolves-in-summer-league/ | 2022-07-14T12:16:30Z |
Bonnie Gwin and Theodore Dysart lauded for their leadership in the corporate governance community
CHICAGO, June 23, 2022 /PRNewswire/ -- Heidrick & Struggles (Nasdaq: HSII), a premier provider of global leadership advisory and on-demand talent solutions, announced today that Bonnie Gwin, Vice Chairman and Co-managing Partner of the Global CEO & Board of Directors Practice and Theodore (Ted) Dysart, Vice Chairman and Partner, Global CEO & Board Practice were again named to the 2022 National Association of Corporate Directors (NACD) Directorship 100™. NACD is the recognized authority on the leading edge of corporate governance, setting standards of excellence that have elevated board performance. This is the 11th year for Bonnie and the 15th year for Ted.
"We applaud Bonnie and Ted for their tireless efforts over the past decade to promote excellence in corporate governance and board performance," said Krishnan Rajagopalan, President and Chief Executive Officer at Heidrick & Struggles. "The role of boards is evolving as they address an increasingly complex set of issues and challenges that have far broader implications than in the past. Year after year, Bonnie and Ted have been recognized by their peers for their leadership and commitment to advancing the highest standards in boardroom leadership, and the sterling reputation they have gained as trusted leadership advisors will serve both boards and the NACD well, as boards continue to examine how to meet the expectations and demands of multiple stakeholder groups."
Now in its 16th year, the NACD Directorship 100 awards recognize peer-nominated leading directors and governance professionals. Honorees are evaluated in four key categories: integrity, mature confidence, informed judgment, and high-performance standards. A selection committee reviewed the nominees' histories of advancing board performance and leading corporate governance practices in accordance with established NACD principles. The principles are a framework that encourages excellence in areas that include risk oversight, corporate strategy, compensation, and transparency.
"The NACD Directorship 100 continues to honor those who have demonstrated exemplary board leadership and innovation in corporate governance," said Peter R. Gleason, NACD president and CEO. "We honor these individuals' forward-thinking minds and their ability to lead their board and organizations to current and future success."
The complete list of the 2022 NACD Directorship 100 is available at https://directorship100.nacdonline.org/honorees/2022.
About Heidrick & Struggles
Heidrick & Struggles (Nasdaq: HSII) is a premier provider of global leadership advisory and on-demand talent solutions, serving the senior-level talent and consulting needs of the world's top organizations. In our role as trusted leadership advisors, we partner with our clients to develop future-ready leaders and organizations, bringing together our services and offerings in executive search, diversity and inclusion, leadership assessment and development, organization and team acceleration, culture shaping and on-demand, independent talent solutions. Heidrick & Struggles pioneered the profession of executive search more than 65 years ago. Today, the firm provides integrated talent and human capital solutions to help our clients change the world, one leadership team at a time.® www.heidrick.com
About NACD
For more than 40 years, NACD has been on the leading edge of corporate governance, setting standards of excellence that have elevated board performance. NACD arms today's directors with insights and education that drive their mission forward, while preparing a new generation of boardroom leaders to meet tomorrow's biggest challenges. NACD is a community of more than 23,000 directors driven by a common purpose: to be trusted catalysts of economic opportunity and positive change—in businesses and in the communities they serve. To learn more about NACD, visit nacdonline.org.
Heidrick & Struggles Media Contact:
Molly Coughlin
+1 (303) 775-2185
mcoughlin@heidrick.com
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SOURCE Heidrick & Struggles | https://www.wibw.com/prnewswire/2022/06/23/heidrick-amp-struggles-vice-chairmen-named-nacd-directorship-100-honorees/ | 2022-06-23T16:23:49Z |
Sapiens' core claims and workers' compensation solutions were recognized out of 23 leading P&C claims solutions in North America
RALEIGH, N.C., June 15, 2022 /PRNewswire/ -- Sapiens International Corporation (NASDAQ: SPNS) (TASE: SPNS), a leading global provider of software solutions for the insurance industry, has announced that Sapiens' claims solutions for P&C and for Workers' Compensation have been recognized by Celent as a Functionality Standouts in the Celent 2022 Claims System Vendors report for North American Property & Casualty Insurance.
The Celent report profiled 23 claims administration systems available in North America for property-casualty insurance carriers, including an overview of their functionality, customer base, technology, implementation, pricing and support.
Celent credited Sapiens ClaimsPro for Property & Casualty as 'a full function core claims system that many midsize and small insurers may wish to consider, especially in light of Sapiens' growing add-on analytic and digital offerings,' according to the recent report. Key benefits highlighted include faster claims cycle times, lower expenses and settlement costs, intuitive and easy-to-use interface, 360-degree customer experience and vendor management.
Customers rated the solution favorably, particularly the medical case management/disability management features and configurability. Clients felt the solution integrated most easily with their other internal applications, such as reporting, documents or financial systems. Regarding their implementation experience, responsiveness and issue resolution received the highest marks. In the area of ongoing system support, knowledge of their solution and relevant technology received the highest score. "We have a good working relationship with Sapiens," a client reported. "They are available to us, and are very helpful with testing and suggestions."
Sapiens ClaimsPro for Workers' Compensation, a component of CoreSuite for Workers' Compensation, received outstanding recognition by Celent as 'a full-function core claims system tuned over the years for Workers' Compensation claims that both monoline workers' compensation insurers and other insurers with a substantial workers' compensation book of business may wish to consider.' Its key features highlighted in the report include statistical reporting, configurability, continuity with the implementation team and consistently meeting service level.
Celent also included customer feedback in the report: "Sapiens ClaimsPro for Workers' Compensation makes solid business sense and is flexible to the needs of the business… Sapiens' solution provides a highly functional system that is well supported, keeps the underpinning technology up to date, and provides very rich functionality… A huge benefit is that our internal IT can truly accomplish a lot by way of changes and/or integration with other external services/products without Sapiens involvement."
Donald Light, Director in Celent's North America Property Casualty Practice and one of the report's authors, commented, "Since claims represents the largest cost for every dollar of premium, insurers are looking for the enhanced value that advanced claims solutions can provide. Sapiens' two claims solutions profiled in this report reflect Sapiens' continued investments in usability, functionality, and configurability."
"We are delighted to receive this prestigious recognition by Celent, which illustrates our depth of impact, breadth of knowledge and keen understanding of the property-casualty industry," said Jamie Yoder, Sapiens North America President and General Manager. "As Sapiens continues to power the insurance transformation, leading analysts are taking notice of our deep industry acumen."
Sapiens ClaimsPro for Property & Casualty is a critical component of Sapiens CoreSuite for Property and Casualty. ClaimsPro streamlines end-to-end claims processing for all personal, commercial and specialty lines, preparing carriers to adapt to new business requirements. The solution provides full lifecycle support for handling claims for all personal and commercial lines of business, including workers' compensation.
Sapiens ClaimsPro for Workers' Compensation supports carriers to improve operational performance by reducing claim inventories and supporting medical costs using advanced outcome-based case management. Its real-time payment processing allows automatic and split payments, offsets and deductions, refunds, transfers and 1099 processing for financial efficiency. The platform's rules-driven auto-adjudication and decision support enables proactive case management that reduce claims time to settle and claims closure.
To download the Celent report with profiles for Sapiens' claims solutions for P&C and for Workers' Compensation, click here.
About Sapiens
Sapiens International Corporation (NASDAQ and TASE: SPNS) empowers the financial sector, with a focus on insurance, to transform and become digital, innovative, and agile. Backed by 40 years of industry expertise, Sapiens offers a complete insurance platform, with pre-integrated, low-code solutions and a cloud-first approach that accelerates customers' digital transformation. Serving over 600 customers in 30 countries, Sapiens offers insurers across property and casualty, workers' compensation and life markets the most comprehensive set of solutions, from core to complementary, including Reinsurance, Financial & Compliance, Data & Analytics, Digital, and Decision Management. For more information visit sapiens.com or follow us on LinkedIn.
Media Contact:
Shay Assaraf
Chief of Marketing, Sapiens
Shay.assaraf@sapiens.com
Investor's Contact
Dina Vince
Head of Investor Relations, Sapiens
ir@sapiens.com
Forward Looking Statements
Certain matters discussed in this press release that are incorporated herein by reference are forward-looking statements within the meaning of Section 27A of the Securities Act, Section 21E of the Exchange Act and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, that are based on our beliefs, assumptions and expectations, as well as information currently available to us. Such forward-looking statements may be identified by the use of the words "anticipate," "believe," "estimate," "expect," "may," "will," "plan" and similar expressions. Such statements reflect our current views with respect to future events and are subject to pandemic risks and uncertainties. There are important factors that could cause our actual results, levels of activity, performance or achievements to differ materially from the results, levels of activity, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to: the degree of our success in our plans to leverage our global footprint to grow our sales; the degree of our success in integrating the companies that we have acquired through the implementation of our M&A growth strategy; the lengthy development cycles for our solutions, which may frustrate our ability to realize revenues and/or profits from our potential new solutions; our lengthy and complex sales cycles, which do not always result in the realization of revenues; the degree of our success in retaining our existing customers or competing effectively for greater market share; difficulties in successfully planning and managing changes in the size of our operations; the frequency of the long-term, large, complex projects that we perform that involve complex estimates of project costs and profit margins, which sometimes change mid-stream; the challenges and potential liability that heightened privacy laws and regulations pose to our business; occasional disputes with clients, which may adversely impact our results of operations and our reputation; various intellectual property issues related to our business; potential unanticipated product vulnerabilities or cybersecurity breaches of our or our customers' systems; risks related to the insurance industry in which our clients operate; risks associated with our global sales and operations, such as changes in regulatory requirements, wide-spread viruses and epidemics like the recent novel coronavirus pandemic, which adversely affected our results of operations, or fluctuations in currency exchange rates; and risks related to our principal location in Israel and our status as a Cayman Islands company.
While we believe such forward-looking statements are based on reasonable assumptions, should one or more of the underlying assumptions prove incorrect, or these risks or uncertainties materialize, our actual results may differ materially from those expressed or implied by the forward-looking statements. Please read the risks discussed under the heading "Risk Factors" in our most recent Annual Report on Form 20-F, in order to review conditions that we believe could cause actual results to differ materially from those contemplated by the forward-looking statements. You should not rely upon forward-looking statements as predictions of future events. Although we believe that the expectations reflected in the forward-looking statements are reasonable, we cannot guarantee that future results, levels of activity, performance and events and circumstances reflected in the forward-looking statements will be achieved or will occur. Except as required by law, we undertake no obligation to update publicly any forward-looking statements for any reason, to conform these statements to actual results or to changes in our expectations.
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SOURCE Sapiens International Corporation | https://www.mysuncoast.com/prnewswire/2022/06/15/sapiens-recognized-by-celent-functionality-standouts-property-amp-casualty-workers-compensation-claims/ | 2022-06-15T12:20:35Z |
CROTON ON HUDSON, N.Y., June 2, 2022 /PRNewswire/ -- Join Us June 10th 6 pm to Celebrate TGIF with Latin Biz Today's Business, Life & Culture Event. Enjoy a Fun Evening that includes Golf, Salsa Music, Food & Drink
Emceed by Latin Recording Artist and bandleader Tito Puente Jr and Featuring PGA Golf Professional Jim McCann and "Shark Tank" TV show winner Dr Juan Salinas.
Latin biz Today invites you to make new friends and business colleagues. I'll share my new "Tina Makes Golf Her Thing" experiences with PGA Pro Jim McCann as we enjoy excellent music, food and beverages. Dr. Juan Salinas will share his life changing "Shark Tank" experience and more…join the fun!" said Tina Trevino, Latin Biz Today partner, Director Community Relations
Get your tickets at Eventbrite here while they are still available!
Seven Great Reasons to Attend the Latin Biz Today TGIF Event:
- Be entertained by Latin Recording Artist and bandleader Tito Puente Jr
- Learn more about golf & get tips from Spook Rock Golf Course host, PGA Golf Professional Jim McCann
- Be inspired by entrepreneur Dr. Juan Salinas "Shark Tank®" winner and enjoy his P'Nuff, tasty and healthy snack foods.
- Meet Latin Biz Today's Tina Trevino who'll share her "Tina Makes Golf Her Thing" campaign.
- Network with business thought leaders and other small business owners.
- Enjoy local food, Corona Extra® and Corona Light® Beers
- Additional surprises, giveaways, samples, vendors, and Latino business owners…Be part of the Latin Biz Today Work, Life & Culture!
Time & Date: Friday, June 10, 6 PM
Where: Spook Rock Golf Course, 233 Spook Rock Road, Suffern, NY 10901
Get Tickets while they last! Use this special event promotion code COACH9073 for $10 off and automatically become a Latin Biz Today Insider member! The Event is selling out. Get your tickets at Eventbrite here while available. Join us rain or shine Friday evening on the lawn at Spook Rock Golf Course (or in the "chalet" with views of the golf course in case of inclement weather).
We appreciate our sponsor's support:
Platinum- Spook Rock Golf Course & the PGA of America
Gold- Constellation Brands: Corona beer and Corona Seltzer
Silver- P'nuff healthy snack foods, SBDC of New York, Hart and Vida Partners, "From the Bronx" & The Bronx Beer Hall
Spook Rock Golf Course is award-winning 150 acres, par 72 Spook Rock Golf Course is located at 233 Spook Rock Road in the Village of Montebello in the Town of Ramapo. Spook Rock Road derived its name from Native American lore and the course followed suit with its intriguing name as well. Designed and constructed by Frank Duane, the course opened the front nine in 1969 and the full eighteen in 1970. It is situated on the former site of Kane's Open, the first Boy Scout Camp in the United States. Visit: Twitter, Instagram and Facebook.
The PGA of America is one of the world's largest sports organizations, composed of nearly 28,000 PGA Professionals who work daily to grow interest and inclusion in the game of golf. For more information about the PGA of America, visit PGA.com and follow us on Twitter, Instagram and Facebook.
Latin Business Today, LLC is a national multi-platform blending a focus on work-life-culture lifestyle with high level expertise rooted in the trusted advisor legacy of mentorship and success of Dr. Les "Coach" Fernandez. Latin Business Today serves as a resource for the Latino business community which seeks to address actual challenges with real solutions. Currently over 200 of the a "best and brightest" team of experts and exemplary mentors-contributors along with a nationally recognized advisory board find solutions for today's rapidly changing market with a Latinx nuance. Visit: Latin Business Today on Latin Biz Today Insider Facebook Instagram LinkedIn Twitter
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SOURCE Latin Business Today, LLC | https://www.mysuncoast.com/prnewswire/2022/06/02/latin-business-today-tito-puente-jr-pga-professional-jim-mccann-host-summer-kick-off-event-entrepreneurs/ | 2022-06-02T15:55:28Z |
Debut of Pagani Huayra R Sim Racing Pedals and Showcase of 27Nm Invicta™ Wheel Base and Ecosystem
AALBORG, Denmark, Aug. 30, 2022 /PRNewswire/ -- Asetek, sim racing gear innovator, the creator of the all-in-one liquid cooler, and the global leader in liquid cooling solutions for gaming PCs and DIY enthusiasts, today announced its Pagani Huayra R Sim Racing Pedals as well as a preview of its Invicta™ Direct Drive Wheel Base and Forte™ Formula Wheel received high acclaim by sim racers and motorsports reviewers when unveiled at the Gamescom Expo in Cologne, Germany, last week.
Asetek SimSports™ exhibited products from its upcoming line of wheel bases and wheels, including a prototype of its top of the line Invicta™ Wheel Base with 27Nm of torque and a quick-release system and its Forte™ Formula wheel. Also on display was its growing portfolio of sim racing pedals including the premium performance Invicta™, high-performance high-value Forte™ and the limited edition Pagani-branded sim racing pedal set.
Gamescom 2022 is the world's largest gaming event and trade fair for computer and video games. It brings together gamers, including Sim Racers, from around the world to compete in e-sports competitions and to experience the very latest in games and gaming gear.
"At Gamecom in Germany, we were able to test prototype versions of Asetek SimSport's first direct drive wheel base and one of their upcoming steering wheels," said Thomas Harrison-Lord of Traxion.GG. "In action, we can say the paddle [on the quick-release system] is ideally located and clips right into place with consummate ease. Another benefit of the quick-release system is that it will allow for wheels featuring digital displays without the need for visible cables or Bluetooth."
"It wouldn't be fair to comment on the build quality at this stage, but there is no doubt that the potential is there for something that is market-leading depending upon availability and pricing – both of which are to be confirmed," continued Thomas Harrison-Lord.
"The actual unit we tested was clearly a prototype and was running a conservative 10Nm at the time," continued Thomas Harrison-Lord. "Despite this lower figure, feedback was sturdy with granular road surface detail fed back to the driver. It somehow felt like a higher torque figure than what was stated, which bodes well as the item nears production. We tested the Invicta wheel base with the Forte steering wheel. The wheel in particular felt like it molded to my fingers and the paddles felt great. Once again, lighting is a key component with a crisp rev counter just in your peripheral vision," stated Thomas Harrison-Lord.
"The Gamescom Expo was a great opportunity to unveil our expanded sim racing gear offerings. The excitement in the booth was palpable around the unveiling of our Pagani Huayra R Sim Racing Pedals, and interest strong in the unique design and benefits of our wheel base and wheel. I'm delighted that both end users and reviewers are embracing our growing sim racing gear offering which we've designed and developed to provide sim racers of all levels with the thrill of real-life racecar racing," said André Sloth Eriksen, CEO and founder of Asetek.
About Asetek
Asetek (ASTK.OL), a global leader in mechatronic innovation, is a Danish garage-to-stock-exchange success story. Founded in 2000, Asetek established its innovative position as the leading OEM developer and producer of the all-in-one liquid cooler for all major PC & Enthusiast gaming brands. In 2013, Asetek went public while expanding into energy-efficient and environmentally friendly cooling solutions for data centers. In 2021, Asetek introduced its line of products for next-level immersive SimSports gaming experiences. Asetek is headquartered in Denmark and has operations in China, Taiwan, and the United States.
Media contact
Margo Westfall
Asetek Sr. Marketing Manager
+1 408 644.5616
mwe@asetek.com
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SOURCE Asetek | https://www.wibw.com/prnewswire/2022/08/30/gamescom-expo-success-challenger-brand-asetek-simsports/ | 2022-08-30T06:41:09Z |
13 Nassar victims seeking $130M from FBI over bungled probe
DETROIT (AP) — Thirteen sexual assault victims of Larry Nassar are seeking $10 million each from the FBI, claiming a bungled investigation by agents led to more abuse by the sports doctor, lawyers said Thursday.
It’s an effort to make the government responsible for assaults that occurred after July 2015. The Justice Department’s inspector general concluded that the FBI made fundamental errors when it became aware of allegations against Nassar that year.
Nassar was a Michigan State University sports doctor as well as a doctor at USA Gymnastics. He is serving decades in prison for assaulting female athletes, including medal-winning Olympic gymnasts.
“This was not a case involving fake 20 dollar bills or tax cheats,” attorney Jamie White said. “These were allegations of a serial rapist who was known to the FBI as the Olympic U.S. doctor with unfettered access to young women.”
Nassar, he added, continued a “reign of terror for 17 unnecessary months.”
An email seeking comment was sent to the FBI.
White is not suing the FBI yet. Under federal law, tort claims must be a filed with a government agency, which then has six months to reply. A lawsuit could follow, depending on the FBI’s response.
“No one should have been assaulted after the summer of 2015 because the FBI should have done its job,” said Grace French, founder of a group called The Army of Survivors. “To know that the FBI could have helped to avoid this trauma disgusts me.”
White noted the 2018 massacre at Florida’s Marjory Stoneman Douglas High School. The FBI received a tip about five weeks before 17 people were killed at the school, but the tip was never forwarded to the FBI’s South Florida office. The government agreed to pay $127.5 million to families of those killed or injured.
In the Nassar case, Indianapolis-based USA Gymnastics told local FBI agents in 2015 that three gymnasts said they were assaulted by Nassar. But the FBI did not open a formal investigation or inform federal or state authorities in Michigan, according to the inspector general’s report.
Los Angeles FBI agents in 2016 began a sexual tourism investigation against Nassar and interviewed several victims but also didn’t alert Michigan authorities, the inspector general said.
FBI Director Christopher Wray publicly apologized for how agents handled the matter.
“I’m sorry that so many different people let you down, over and over again,” he told victims at a Senate hearing last September. “And I’m especially sorry that there were people at the FBI who had their own chance to stop this monster back in 2015 and failed. And that’s inexcusable. It never should have happened.”
White said more than 100 women were assaulted after July 2015, and he expects other lawyers will file claims against the FBI. Nassar wasn’t arrested until November 2016 during an investigation by Michigan State University police.
The Michigan attorney general’s office ultimately handled the assault charges, while federal prosecutors in Grand Rapids, Michigan, filed a child pornography case against Nassar.
Michigan State University, which was also accused of missing chances to stop Nassar, agreed to pay $500 million to more than 300 women and girls who were assaulted. USA Gymnastics and the U.S. Olympic and Paralympic Committee made a $380 million settlement.
___
For more stories on Larry Nassar and the fallout from his years of sexual abusing young women and girls: https://www.apnews.com/LarryNassar
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/21/13-nassar-victims-seeking-130m-fbi-over-bungled-probe/ | 2022-04-23T10:39:57Z |
Clinscience extends Calyx's reliable, expedited imaging services to its global pharmaceutical customers
NOTTINGHAM, England and MORRISVILLE, N.C., June 9, 2022 /PRNewswire/ -- Calyx, the eClinical and Regulatory solutions and services provider relied on for solving complex data challenges in clinical research, today announced it has been named an approved provider of centralized medical imaging services by Clinscience, a full service CRO offering smart, end-to-end clinical trial services to the global pharmaceutical industry.
"Calyx's commitment to reliably solving the complex aligns with our focus on designing integrated, smart solutions that are tailored to our customers' needs" said Megan O'Keefe, Chief Commercial Officer at Clinscience. "Clinscience and Calyx are both motivated to help global clinical trial sponsors achieve their clinical development objectives in an agile, expeditious, and smart way."
"The Clinscience team understands what's important to pharmaceutical and biotech organizations," said Elizabeth Dalton, Vice President, Channel Partnerships Solutions, Calyx. "We're honored to work with Clinscience and to deliver the reliable imaging services their customers need to accelerate and optimize their clinical trials."
Clinscience joins a long list of global pharmaceutical companies and CROs who repeatedly leverage Calyx's scientific expertise and experience to assess the safety, efficacy, and effectiveness of their compounds. To date, Calyx Medical Imaging has been used in over 2,600 clinical trials worldwide and has supported the approvals of over 270 medical treatments across a broad range of therapeutic areas.
Click here for more information on how CROs – and their clients – benefit from partnering with Calyx.
Through innovative eClinical and Regulatory solutions and services, Calyx turns the uncertain into the reliable, helping bring new medical treatments to market reliably. With deep expertise in clinical development and 30 years supporting trial sponsors and clinical research organizations, Calyx harnesses its intelligence and experience to solve complex problems, deliver fast insights, and get new drugs to market every day.
CTMS | EDC | IRT | Medical Imaging | RIM
Take your trials further with intelligent insights at Calyx.ai or at LinkedIn, Twitter, or Facebook.
Clinscience is a global CRO company offering smart CRO Services, from protocol creation to final study report development. The Company has offices in Poland, Spain, Italy, Germany, and the US and provides its services in 6 European countries. More than 150 Biotechnology companies across Europe and the US trust the Clinscience brand. The Company's procedures and Data-driven approach, harnessed with the Genius Suite™ technology, work together to give the Clients power and flexibility to address even the most unique needs. Clinscience is part of a publicly-traded parent company, Neuca Plc, an organization in the pharmaceutical wholesaling and healthcare industry that provides the structure to meet the needs of commercial and non-commercial studies.
Visit www.clinscience.com for more information.
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SOURCE Calyx | https://www.wibw.com/prnewswire/2022/06/09/calyx-named-medical-imaging-provider-by-clinscience/ | 2022-06-09T12:08:07Z |
Texas senator: School police chief didn’t know of 911 calls
UVALDE, Texas (AP) — The commander at the scene of a shooting at an elementary school in Uvalde, Texas, was not informed of panicked 911 calls coming from students trapped inside the building as the massacre unfolded, a Texas state senator said Thursday.
Sen. Roland Gutierrez said the pleas for help from people inside Robb Elementary Schoo l on May 24 did not make their way to school district police Chief Pete Arredondo. The Democratic senator called it a “system failure” that calls were going to the city police but were not communicated to Arredondo.
“I want to know specifically who was receiving the 911 calls,” Gutierrez said during a news conference, adding that no single person or entity was fully to blame for the massacre.
However, he said, Gov. Greg Abbot should accept much of the responsibility for the failures in the police response.
“There was error at every level, including the legislative level. Greg Abbott has plenty of blame in all of this,” Gutierrez said.
Nineteen children and two teachers died in the attack at Robb Elementary School, the deadliest school shooting in nearly a decade. Seventeen more were injured. Funerals for those slain began this week.
The gunman, 18-year-old Salvador Ramos, spent roughly 80 minutes inside the school, and more than an hour passed from when the first officers followed him into the building and when he was killed by law enforcement.
Since the shooting, law enforcement and state officials have struggled to present an accurate timeline and details of the event and how police responded, sometimes providing conflicting information or withdrawing some statements hours later. State police have said some accounts were preliminary and may change as more witnesses are interviewed.
Much of the focus turned to Arredondo. Steven McCraw, the head of the Texas Department of Public Safety, said Arredondo believed the situation had turned into hostage situation and made the “wrong decision” to not order officers to attempt to breach the classroom as 911 calls were being made to the outside.
Gutierrez said it’s unclear if any details from the 911 calls was being shared with law enforcement officers from multiple agencies on the scene.
“Uvalde PD was the one receiving the 911 calls for 45 minutes while officers were sitting in a hallway, while 19 officers were sitting in a hallway for 45 minutes” Gutierrez said. “We don’t know if it was being communicated to those people or not.”
But, the senator said, the Commission on State Emergency Communications told him school district police chief did not know.
“He’s the incident commander. He did not receive (the) 911 calls,” Gutierrez said.
Uvalde Police Chief Daniel Rodriguez has not responded to a phone message from The Associated Press seeking comment Thursday.
Police communications were also a problem in 2019 when a gunman shot and killed seven people and wounded more than two dozen during a shooting rampage in Odessa, Texas. Authorities said at the time that 36-year-old Seth Aaron Ator called 911 before and after the shootings but a failure in communication between agencies — they were not all operating on the same radio channel — slowed the response. Ator was able to cover some 10 miles before officers shot and killed him.
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More on the school shooting in Uvalde, Texas: https://apnews.com/hub/uvalde-school-shooting
___
Blebierg reported from Dallas.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/02/texas-senator-school-police-chief-didnt-know-911-calls/ | 2022-06-02T18:50:17Z |
RALEIGH, N.C., July 14, 2022 /PRNewswire/ -- VinFast announced they have received a $1.2 billion incentive package from the State of North Carolina for its electric vehicle manufacturing project in the US. The largest economic incentive package in state history was signed this week by Governor Roy Cooper, making VinFast the first car maker to locate in the North Carolina.
The VinFast's manufacturing facility will be built at the Triangle Innovation Point in Chatham County, North Carolina with a total investment of about $2 billion USD in the first phase.
Covering an area of 2,000 acres, with two main areas: electric cars and buses production and assembly, and ancillary industries for suppliers, VinFast's factory is designed to reach the capacity of 150,000 vehicles per year. When brought into operation, the manufacturing complex will create an ecosystem of suppliers as well as thousands of local jobs, thereby creating both direct and indirect economic benefits.
"North Carolina's partnership with VinFast to bring good, clean energy jobs to North Carolina took an important step forward today with the signing of the budget, said Roy Cooper, Governor of North Carolina. "Electric vehicles, like the ones VinFast will produce in Chatham County, are a critical component of our strategy to reduce greenhouse gas emissions and build North Carolina into a hub for the clean energy economy."
"VinFast applauds North Carolina for their efforts and determination in advancing the state's clean energy economy and carbon mitigation goals," said Van Anh Nguyen, CEO of VinFast Manufacturing US. "This investment by the State of North Carolina is the starting point for a future marked by innovation, job creation, and economic growth. Today exemplifies how government and industry can come together to pursue a brighter future."
Phase one of the project will start construction in the second half of 2022 and production is expected to commence from July 2024. The factory establishment once again affirms VinFast's commitment to expand its business and invest in key locations across the US and globally.
In North Carolina, VinFast will be the first car factory and the largest economic development project in the state's history to date.
"The North Carolina General Assembly is thrilled that VinFast chose North Carolina for its monumental expansion," said Phil Berger, President Pro Tempore of the North Carolina Senate. "There's no question the business-friendly policies we've prioritized over the last decade played a pivotal role in VinFast's plan to bring thousands of good-paying jobs to North Carolina."
"North Carolina is heading into an exciting era of innovation with one of our newest corporate citizens, VinFast," said Tim Moore, Speaker of the North Carolina House of Representatives. "As our state continues its growth with new and expanding businesses, we will continue to work alongside VinFast as the company establishes roots in North Carolina and brings new jobs and opportunities for North Carolinians."
VinFast has also received critical financial support from the City of Sanford, Chatham County and the Golden Leaf Foundation. The complete incentive package includes:
- Job Development Investment Grant of $316 million over 32 years
- State appropriation of $450 million, to cover site preparations, road improvements, and additional water and sewer infrastructure.
- Community college training worth $38 million
- Golden Leaf Foundation grant of $50 million
- $400 million in incentives from Chatham County
Additionally, VinFast has received incentives from commercial organizations in the State of North Carolina, which is excluded from the government budget, up to hundreds of millions USD
VinFast – a member of Vingroup – envisioned to drive the movement of global smart electric vehicle revolution. Established in 2017, VinFast owns a state-of-the-art automotive manufacturing complex with globally leading scalability in Hai Phong, Vietnam.
Strongly committed to the mission for a sustainable future for everyone, VinFast constantly innovates to bring high-quality products, advanced smart services, seamless customer experiences, and pricing strategy for all to inspire global customers to jointly create a future of smart mobility and a sustainable planet. Learn more at: https://vinfastauto.us.
Established in 1993, Vingroup is one of the leading private conglomerates in the region, with a total capitalization of $35 billion USD from three publicly traded companies (as of November 4, 2021). Vingroup currently focuses on three main areas: Technology and Industry, Services and Social Enterprise. Find out more at: https://www.vingroup.net/en.
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SOURCE VinFast Automotive | https://www.mysuncoast.com/prnewswire/2022/07/14/vinfast-receives-12-billion-incentives-us-manufacturing-hub-north-carolina/ | 2022-07-14T16:55:23Z |
LAS VEGAS (KFDX/KJTL) — After a disappointing first-round playoff exit and the departure of several key starters, the Dallas Cowboys now look to the draft to fill the holes in their roster.
Head coach Mike McCarthy enters into his third season at the helm without a playoff win under his belt, and many insiders believe he has to earn one this season to keep his job as the leader of America’s Team.
Owner and general manager Jerry Jones and his son, president of the Cowboys, Steven Jones, have seen nearly three decades pass since the last time the Lombardi Trophy found its way to Dallas.
But every new year is a new opportunity, and it all starts with the draft.
The Cowboys hope to build off of recent draft success and find the next stars that will wear the iconic star in Dallas. They’ll have the opportunity to do just that, and it all starts tomorrow night in Sin City.
The first round of the 2022 NFL Draft kicks off from Las Vegas on Thursday, April 28, with rounds two and three taking place on Friday, April 29, and the final four rounds on Saturday, April 30.
Where do the Cowboys pick?
The Cowboys have nine total picks, with six traditional draft picks, one draft pick via trade, and two compensatory picks headed into the 2022 NFL Draft.
- Round 1: 24th Overall
- Round 2: 56th Overall
- Round 3: 88th Overall
- Round 4: 129th Overall
- Round 5: 155th, 167th, 176th and 178th Overall
- Round 6: 193rd Overall
- Round 7: None
What are the Cowboys’ needs?
A multitude of starters from the 2021-2022 campaign found new homes this offseason, and the Cowboys have yet to make moves to replace quite a few of them.
Some key departures for the Dallas Cowboys headed into the draft:
- WR Amari Cooper traded to Cleveland Browns
- WR Cedrick Wilson signed with Miami Dolphins
- WR Makil Turner signed with San Francisco 49ers
- G Connor Williams signed with Miami Dolphins
- T La’El Collins cut, signed with Cincinnati Bengals
- DE Randy Gregory signed with Denver Broncos
- LB/S Keanu Neal signed with Tampa Bay Buccaneers
While the Cowboys did manage to sign WR Michael Gallup to a 5-year extension, placed the franchise tag on TE Dalton Schultz, re-signed a handful of players and add WR James Washington and DE Dante Fowler, Jr., there are still some massive holes to fill on the Cowboys’ roster.
While free agency certainly isn’t over, and plenty of great players are still available, the focus now turns to Las Vegas and the 2022 NFL Draft.
Here’s the team’s top 5 biggest needs heading into Thursday night.
5. Defensive Tackle
There’s a lot of young talent at the defensive tackle position for the Cowboys. Unfortunately, they all specialize in pass rushing. The Cowboys need a solid run defender on the defensive line, as they’ve been weak up the middle in recent years.
Defensive coordinator Dan Quinn may have turned this abysmal defense into the league’s top scoring unit in just one year, but to have a stronger 2022 campaign, he needs help stopping the run.
4. Linebacker
One year after drafting a linebacker who became the NFL Defensive Rookie of the Year, it may seem silly to bring this up as a need again. However, the loss of Randy Gregory means the Cowboys’ best linebacker may be asked to rush the passer more in 2022.
Tapping into his versatility that made him such a star in 2021 is the best move for the Cowboys, but it leaves a hole behind the defensive line. 2019 first-round pick Leighton Vander Esch signed a 1-year extension, and 4th round pick Jabril Cox, who was injured last year, looks to compete for a starting role.
On paper, a Parsons – Vander Esch – Cox linebacking core looks fantastic, but injury concerns with Cox and Vander Esch and the versatility of Parsons make linebacker a need for Dallas.
3. Defensive End
Obviously, the loss of Randy Gregory to free agency means the Cowboys could use an influx of talent rushing the passer. While re-signing Dorance Armstrong adds depth and, as previously mentioned, Micah Parsons is an elite pass rusher in his own right, defensive end is a glaring need for this defense. Luckily, this draft class is very deep at the defensive end position.
Of course, don’t expect a premiere guy to be available at pick number 24 (they’ll be gone in the first three picks) but in the 2nd and 3rd round especially, there is a plethora of talent the Cowboys could add to their roster.
2. Wide Receiver
This feels strange, considering the Cowboys had arguably the best receiving trio in football at the beginning of the 2021 season. However, the loss of Amari Cooper, injury concerns with Michael Gallup, and the loss of a great role player in Cedrick Wilson means Dallas needs more targets for Dak Prescott to throw to.
2020 First Round Steal WR CeeDee Lamb takes the mantle as the new top target, with Gallup continuing to be a reliable deep ball target. Other than the Washington acquisition in free agency, this position has yet to be seriously addressed.
However, there’s also plenty of depth at this position in this draft class, too. Adding a wide receiver in the top three rounds is critical for the Cowboys to be competitive.
1. Offensive Line
The Cowboys have not been afraid of using first round picks on the offensive line in the past, and thankfully so… They need first-round talent on their line at all three positions.
What used to be the dependable, reliable strength of their offense is withering away. The Cowboys still haven’t recovered from the loss of C Travis Fredrick, and could use a solid center. LT Tyron Smith, when healthy, is still one of the best left tackles in the league. But he’s been hurt nearly every season. With LG Connor Williams gone and RT La’El Collins gone, the only consistent member of their offensive line left is RG Zack Martin, and even he was hurt last year.
So, this jumps to the top of the list of needs. Right tackle, Left tackle, left guard, center. They need all of them. Don’t be surprised if Dallas uses at least three or four of their nine total picks on the offensive line.
Who should Dallas take in the first round?
The Cowboys have found success in the first round of the NFL Draft in recent years. Four of their last five first round draft choices have been impactful starters for the Cowboys since their rookie season.
Most recently, their first round selection of Penn State linebacker Micah Parsons paid dividends, with the rookie setting franchise records and making NFL history, as well as being named the NFL Defensive Rookie Of The Year.
Here’s a look at some of the guys the Cowboys should be targeting at 24.
Kenyon Green, G, Texas A&M
At 6’4″ and 325 pounds, Green was a force to be reckoned with on the Aggie offensive line. Green’s a versatile lineman, playing every position on the line except center in college. He can play either guard position as well as tackle, making him a movable chess piece on the line. He’s a brawler and wins his match-ups.
Trevor Penning, T, Northern Iowa
Penning played 31 games at left tackle at Northern Iowa, as well as a game each at right tackle and left guard. Versatility is the key word with Penning. In 2021, he was named a First Team All American a First Team All-Mountain Valley Conference. He’s 6-foot-7-inches tall and 325 pounds. His fundamentals need work, but his raw talent and size make him an NFL-ready tackle.
Chris Olave, WR, Ohio State
Olave has sub-4.4 40-yard dash speed, dependable play catching ability, and lead Ohio State in touchdowns in 2021. He could immediately jump in as the Cowboys third option at the slot.
Nakobe Dean, LB, Georgia
Part of Georgia’s elite defense, he was a Unanimous All-American selection and won the Butkus Award, given to the nation’s best linebacker. He’s only 5’11” and 230 pounds, but he could immediately fill the role of a Keanu Neal as a nickel corner hybrid of a safety and linebacker. To that end, he had 10.5 tackles for loss, 6 sacks, 2 interceptions and 8 passes defended in 2021.
Zion Johnson, OL, Boston College
Another versatile lineman, Johnson played left guard and left tackle once he moved from Davidson to Boston College. His junior and senior year he was named a captain by his teammates, showing how looked up to he is in the locker room. He’s 6-foot-2 with long arms and big hands. He’s got quick feet and agility, and didn’t miss a game in five years of college football. Not to mention, he drew a single flag in 2021.
Tyler Linderbaum, C, Iowa
Linderbaum started 35 consecutive games in the past 3 seasons for Iowa, earning First Team All-American nods in his sophomore and junior year. In 2021, Linderbaum was named the Big Ten Offensive Lineman of the Year, First Team All Big Ten, was named a team captain, and won the Rimington Award given to the nation’s best center.
Treylon Burks, WR, Arkansas
Burks set an Arkansas school record with six games over 100-yard games. He had over a thousand yards on the season with 11 touchdowns. He’s an athlete who has the natural ability to develop into a teams number one option.
George Karlaftis, DE, Purdue
Karlaftis has power, effort, and is good with his hands. He was a First Team All Big-Ten mention and lead his team with 11.5 tackles for loss in 2021. He also blocked a field goal and returned a fumble for a 56-yard touchdown. | https://cw33.com/sports/silver-star-nation/cowboys-2022-nfl-draft-round-1-preview/ | 2022-04-29T03:11:53Z |
BERWYN, Pa., Aug. 23, 2022 /PRNewswire/ -- RM LAW, P.C. announces that a class action lawsuit has been filed on behalf of all persons or entities that purchased MINISO Group Holding Limited. ("MINISO" or the "Company") (NYSE: MNSO) pursuant or traceable to the Company's October 2020 initial public offering ("IPO").
MINISO shareholders may, no later than October 17, 2022, move the Court for appointment as a lead plaintiff of the Class. If you purchased shares of MINISO and would like to learn more about these claims or if you wish to discuss these matters and have any questions concerning this announcement or your rights, contact Richard A. Maniskas, Esquire toll-free at (844) 291-9299 or to sign up online, click here.
The class action lawsuit alleges that the IPO's Registration Statement was false and/or misleading and/or failed to disclose that: (i) defendants and other undisclosed related parties owned and controlled a much larger amount of MINISO stores than previously stated; (ii) as a result, MINISO concealed its true costs; (iii) MINISO did not represent its true business model; (iv) defendants, including MINISO and its Chairman, engaged in planned unusual and unclear transactions; (v) as a result of at least one of these transactions, MINISO is at risk of breaching contracts with PRC authorities; and (vi) MINISO would imminently and drastically drop its franchise fees.
On July 26, 2022, market researcher Blue Orca Capital published a report on MINISO, which alleged several issues with the Company, including that (i) MINISO's stores are secretly owned by Company executives or insiders closely connected to the chairman, and (ii) overwhelming evidence shows that MINISO misleads the market about its core business. Blue Orca explained, "[o]ur suspicion is that MINISO realized early in the pre-IPO process that a brick-and-mortar retailer would be far less attractive to investors than an asset-light franchise business, so we think that [MINISO] simply lied about these stores." Blue Orca added its belief "that the chairman siphoned hundreds of millions from the public company through opaque Caribbean jurisdictions as the middleman in a crooked headquarters deal." Blue Orca further concluded that "[i]ndependent evidence, including archived disclosures on MINISO's Chinese website, reports in Chinese media and interviews with former employees, indicate that MINISO is a brand in serious peril," noting that "MINISO lowered its franchising fee by 63% over the past two years in a desperate effort to attract franchisees." On this news, MINISO's ADS price fell nearly 15%.
As of July 27, 2022, MINISO ADSs closed at $5.66 per ADS, representing more than a 70% decline from the $20.00 IPO price.
If you are a member of the class, you may, no later than October 17, 2022, request that the Court appoint you as lead plaintiff of the class. A lead plaintiff is a representative party that acts on behalf of other class members in directing the litigation. In order to be appointed lead plaintiff, the Court must determine that the class member's claim is typical of the claims of other class members, and that the class member will adequately represent the class. Under certain circumstances, one or more class members may together serve as "lead plaintiff." Your ability to share in any recovery is not, however, affected by the decision whether or not to serve as a lead plaintiff. You may retain RM LAW, P.C. or other counsel of your choice, to serve as your counsel in this action.
For more information regarding this, please contact RM LAW, P.C. (Richard A. Maniskas, Esquire) toll-free at (844) 291-9299 or by email at rm@maniskas.com or click here. For more information about class action cases in general or to learn more about RM LAW, P.C. please visit our website by clicking here.
RM LAW, P.C. is a national shareholder litigation firm. RM LAW, P.C. is devoted to protecting the interests of individual and institutional investors in shareholder actions in state and federal courts nationwide.
CONTACT: RM LAW, P.C.
Richard A. Maniskas, Esquire
1055 Westlakes Dr., Ste. 300
Berwyn, PA 19312
484-324-6800
844-291-9299
rm@maniskas.com
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SOURCE RM LAW, P.C. | https://www.mysuncoast.com/prnewswire/2022/08/23/rm-law-announces-class-action-lawsuit-against-miniso-group-holding-limited/ | 2022-08-23T23:43:07Z |
- Revenue of RMB 53.96 million mainly driven by the commercial launch of XPOVIO® (selinexor) in Mainland China on May 13, 2022
- Adjusted loss reduced to RMB 126 million for the first six months of 2022 from RMB 210 million in the same period last year
- Cash and bank balances of RMB 2.151 billion, along with near term revenue growth continue to support operations and advance pipeline programs
SHANGHAI and HONG KONG, Aug. 30, 2022 /PRNewswire/ -- Antengene Corporation Limited ("Antengene" SEHK: 6996.HK), a leading innovative, commercial-stage global biopharmaceutical company dedicated to discovering, developing and commercializing first-in-class and/or best-in-class medicines for hematology and oncology, recently announced its interim results for the six months ended June 30, 2022, and provided corporate updates on key events and achievements since the start of 2022.
"As we celebrate the fifth anniversary of Antengene's founding, we are delivering on our long-term vision to build a global, multi-product biopharmaceutical company that is successfully developing novel and commercializing ground-breaking products in oncology/hematology. I am pleased to report that we delivered excellent 2022 interim results across the three main components of our long-term success, in our commercial product, clinical pipeline, and discovery," said Dr. Jay Mei, Antengene's Founder, Chairman and CEO. "So far this year, we successfully launched our lead first-in-class/only-in-class product, XPOVIO®, in Mainland China and reported product revenue of RMB 53.96 million. The strong sales momentum highlights Antengene's transformation into a commercial organization and demonstrates our team's robust commercialization capabilities in China and the APAC markets. In addition, we progressed three first-in-human programs, and plan to advance one to two more this year. Furthermore, we have entered into two collaborations to evaluate new treatment combinations and innovative new technologies."
Dr. Mei continued, "Looking ahead, we are increasingly enthusiastic about XPOVIO® and believe it is an enabler for Antengene's future growth. Since July 2021, the product has been approved in 4 markets, incorporated in practice guidelines by 5 leading international medical societies, and is currently being studied in 8 trials to substantially broaden the use to encompass earlier lines of therapy, new treatment regimens, and additional hematology, and potentially solid tumor indications."
Dr. Mei commented further, "Turning to our clinical pipeline of differentiated, first-in-class/best-in-class programs, before the end of the year, we intend to report critical clinical data on two mid-stage programs – ATG-016 (eltanexor), a next generation XPO1 inhibitor and ATG-008 (onatasertib), an mTORC1/2 inhibitor, and one Phase I dose escalation program for our ERK1/2 inhibitor, and file one additional IND for an antibody drug conjugate to Claudin 18.2 and completing preparations for an IND filing for the exciting 'don't eat me signal' blocker, anti-CD24 antibody. Our team of over 400 employees across China, APAC regions, and the US, plus our core capabilities in discovery, development, and manufacturing, support our deep and productive early-stage research that is poised to deliver a steady flow of opportunities based on a broad range of novel targets, modalities, innovative technologies, and partnerships."
In conclusion, Dr. Mei said "Looking forward, we believe our cash and bank balances of RMB 2.151 billion, strong near-term revenue growth potential and careful budgetary control will enable overall company growth and development, and support our operations. Cancer is a disease that knows no borders, so we are driven to develop advanced cancer therapies and innovative medicines with differentiated profiles for the benefit of broad patient populations globally and to deliver value for our investors. Antengene is optimistic about this year and the future based on the dedication of our team, and collaborators all around the world. We look forward to updating you on our progress throughout the rest of this year and in the future."
Interim Financial Results and Highlights
For the interim period ended June 30, 2022, Antengene reported results, compared to the interim period ended June 30, 2021:
- Revenues of RMB 53.96 million, mainly attributable to the commercial launch of XPOVIO® in Mainland China on May 13, 2022 compared to nil for the comparable period in 2021
- Adjusted loss of RMB 126 million, compared to RMB 210 million for the comparable period in 2021.
- Cash, bank balances and cash management products were RMB 2.151 billion as of June 30, 2022 compared to RMB 2.370 billion as on December 31, 2021.
XPOVIO® Key Performance Indicators in APAC markets as of June 30, 2022
- Approved in 4 markets: Mainland China, South Korea, Singapore, and Australia for hematologic cancer indications, including in combinations with existing regimens for the treatment of relapsed/refractory multiple myeloma (R/R MM as part of established multi-drug regimens) and as a monotherapy for the treatment of relapsed/refractory diffuse large B-cell lymphoma (R/R DLBCL).
- Broad acceptance by major clinical guidelines: 6 regimens have received 18 recommendations by the clinical guidelines of 5 leading medical societies, including the National Comprehensive Cancer Network (NCCN) Guidelines, the Chinese Society of Clinical Oncology (CSCO) Guidelines, the European Society of Medical Oncology (ESMO) Guidelines, the International Myeloma Working Group (IMWG) Guidelines and the Guidelines for the Treatment and Diagnosis of Multiple Myeloma in China.
- 8 clinical studies of XPOVIO® are underway, including 4 registrational studies, 2 of which are global studies jointly conducted by Antengene and Karyopharm Therapeutics Inc.
- MARCH results were presented at the European Hematology Association (EHA) Annual Meeting and published in BMC Medicine.
- Well-prepared commercial team of nearly 190 personnel with a proven track record of commercial success in China and APAC has paved the way to a successful launch of XPOVIO®. In addition, we have developed a deep understanding of the dynamics and key stakeholders in our target markets, including KOLs, physicians, and leading industry organizations.
Mid to Late-Stage Programs (Antengene has certain Asia-Pacific rights)
Antengene is exploring two members of the novel XPO1 inhibitors plus a novel mTORC 1/2 dual inhibitor.
- Selinexor (ATG-010, first-in-class XPO1 inhibitor): We are highly committed to the further development of XPOVIO®, with an extensive program in MM and non-Hodgkin lymphoma (NHL), including a number of combination developments, that can help expand our label and market. The drug is being tested as a monotherapy or as an add-on to standard therapy in MM, DLBCL, as well as other hematologic malignancies. These programs aim to potentially improve response rates and expand the clinical utility of the drug.
- In May 2022, the Phase I/II SWATCH trial was designed to evaluate selinexor in combination with lenalidomide plus rituximab (SR2) for the treatment of R/R DLBCL and relapsed/refractory indolent non-Hodgkin lymphoma (R/R iNHL) dosed its first patient in China.
- Data from the pivotal MARCH study in patients with R/R MM were presented at the 2022 European Hematology Association (EHA) Annual Meeting, and published in BMC Medicine.
- Eltanexor (ATG-016, second generation XPO1 inhibitor)
- Phase II segment of the KCP-8602 trial in solid tumors/hematologic malignancies is currently enrolling patients with high-risk myelodysplastic syndromes (MDS) in China.
- Onatasertib (ATG-008, mTORC1/2 inhibitor)
- Results from the Phase I/II TORCH-2 study of ATG-008 plus toripalimab in solid tumors were announced at the 2022 American Society of Clinical Oncology (ASCO) Annual Meeting.
Early-Stage Clinical Programs (Antengene has global rights)
Antengene's early-stage clinical programs have differentiated features that could provide distinct competitive advantages to other products in the areas
- ATG-017 (ERK1/2 inhibitor) has potential synergy with checkpoint inhibitors and KRAS inhibitors. The Phase I ERASER study in patients with advanced solid tumors and hematologic malignancies is underway in Australia. Antengene is collaborating clinically with Bristol Myers Squibb to evaluate ATG-017 in combination with Opdivo® (nivolumab) in patients with advanced solid tumors.
- ATG-101 (PD-L1/4-1BB bispecific antibody) was designed to block the binding of immunosuppressive PD-1/PD-L1 and activate immune effectors. The multicenter Phase I PROBE study in patients metastatic/advanced solid tumors and B-cell non-Hodgkin's lymphoma (B-NHL) is ongoing in the US, Australia, and China.
- ATG-037 (CD73 small molecule inhibitor) reduces immunosuppression in the tumor microenvironment. Enrollment in the Phase I STAMINA trial of ATG-037 in patients with locally advanced or metastatic solid tumors is underway in Australia.
- ATG-018 (ATR small molecule inhibitor) limits DNA damage repair mechanisms in tumor cells. The Phase I ATRIUM Study for the patients with advanced solid tumors and hematologic malignancies dosed its first patient in Australia.
Internal Discovery Program
- IND Candidates for the Remainder of 2022: ATG-022 (Claudin 18.2 antibody-drug conjugate). IND filing expected in 2H2022.
- 2023 Potential IND/CTA Filings: ATG-031 (anti-CD24 monoclonal antibody).
- Early Stage, IND Track Programs: ATG-027 (B7H3/PD-L1 bispecific antibody), ATG-032 (LILRB antibody) and ATG-041 (Axl-Mer inhibitor)
Business Development
Antengene's business development strategy is focused on partnerships to facilitate clinical collaborations, in-license novel programs, or enable access to novel platform/drug development technologies to complement and enrich our in-house capabilities.
- Entered into a clinical collaboration with BeiGene, Ltd. to evaluate XPOVIO® in combination with tislelizumab in a Phase I/II trial in patients with T and NK Cell lymphoma.
- Entered into a research collaboration with Celularity Inc. to evaluate the potential therapeutic synergy from combining one of Antengene's novel bispecific antibodies with Celularity's cryopreserved human placental hematopoietic stem cell-derived NK cell therapy platform.
- Clinical Programs Poised to Deliver Proof-of-Concept Data in 2022 and 2023 (originated in-house/through partners): The Antengene pipeline has been developed with a particular interest in addressing those mechanisms that underly resistant diseases, and how we can reverse those resistance mechanisms, or modulate the tumor microenvironment in a way that allows the regaining of control of cancer growth. This portfolio is extremely well positioned to allow us to evaluate proprietary combinations, from our pipeline.
Corporate Updates
- Biologics Drug Discovery Laboratory in Hangzhou Qiantang New Area: The construction of the 2,600 m2 biologics drug discovery laboratory in Hangzhou was completed and became fully operational in May 2022. This laboratory focuses on new antibody discovery. Currently, there are 16 scientists on-board.
- Biologics Manufacturing Facility in Hangzhou Qiantang New Area: The ground-breaking ceremony for the biologics manufacturing facility in Hangzhou was held in August 2022. This would be a staged construction project spreading over three years, from 2022 to 2025.
Financial Results
Cash, bank balances and cash management products: Cash, bank balances and cash management products on June 30, 2022 were RMB 2.151 billion as compared to RMB 2.370 billion on December 31, 2021.
Revenue: Revenue for the period ended June 30, 2022 was RMB 53.96 million as compared to nil for the comparable period in 2021.
The increase in revenue is primarily attributable to the commercial launch of XPOVIO®, a first-in-class XPO-1 inhibitor, in Mainland China on May 13, 2022.
Research and development costs: Research and development costs for the period ended June 30, 2022 were RMB 179 million as compared to RMB 135 million for the comparable period in 2021.
The increase is primarily attributable to increased drug development expenses and expansion of R&D personnel.
Selling and distribution expense: Selling and distribution expenses for the period ended June 30, 2022 were RMB 90.4 million compared to RMB 0.1 million for the comparable period in 2021.
The increase is primarily attributable to increased employee costs and market development expenses to launch our lead product, XPOVIO®.
Administrative expenses: Administrative expenses for the period ended June 30, 2022 were RMB 85.9 million compared to RMB 78.5 million for the comparable period in 2021.
The increase is primarily attributable to increased professional fees in relation to operating and administrative activities.
Adjusted loss: Adjusted loss for the period ended June 30, 2022 was RMB 126 million compared to RMB 210 million for the comparable period in 2021.
Outlook for 2022 and Beyond: Business and Pipeline Objectives
- 2 Additional NDA approvals of XPOVIO® expected: Hong Kong and Taiwan
- PBS listing (Australia Reimbursement) of XPOVIO® in Australia expected by the end of 2022 (Australia Reimbursement)
- Obtaining the complete data set for expansion cohorts of the Phase II TORCH-2 study: ATG-008 in combination with toripalimab
- Interim data read-out for Phase II study: ATG-016 in patients with MDS
- Preliminary data read-out in first-in-human studies of the ERASER study of ATG-017
- Near-term IND filings: ATG-022 (Claudin 18.2 ADC), ATG-031 (anti-CD24 monoclonal antibody)
About Antengene
Antengene Corporation Limited ("Antengene", SEHK: 6996.HK) is a leading commercial-stage R&D-driven global biopharmaceutical company focused on the discovery, development, manufacturing and commercialization of innovative first-in-class/best-in-class therapeutics for the treatment of hematologic malignancies and solid tumors, in realizing its vision of "Treating Patients Beyond Borders".
Since 2017, Antengene has built a broad and expanding pipeline of 15 clinical and preclinical assets, of which 10 are global rights assets, and 5 came with rights for Asia Pacific markets including the Greater China region. To date, Antengene has obtained 24 investigational new drug (IND) approvals in the U.S. and Asia, and submitted 6 new drug applications (NDAs) in multiple Asia Pacific markets, with the NDA for XPOVIO® (selinexor) already approved in mainland China, South Korea, Singapore and Australia.
Forward-looking statements
The forward-looking statements made in this article relate only to the events or information as of the date on which the statements are made in this article. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. You should read this article completely and with the understanding that our actual future results or performance may be materially different from what we expect. In this article, statements of, or references to, our intentions or those of any of our Directors or our Company are made as of the date of this article. Any of these intentions may alter in light of future development. For a further discussion of these and other factors that could cause future results to differ materially from any forward-looking statement, see the section titled "Risk Factors" in our periodic reports filed with the Hong Kong Stock Exchange and the other risks and uncertainties described in the Company's Annual Report for year-end December 31, 2021, and subsequent filings with the Hong Kong Stock Exchange.
For more information, please contact:
Investor Contacts:
Donald Lung
E-mail: Donald.Lung@antengene.com
Mobile: +86 18420672158
PR Contacts:
Peter Qian
E-mail: Peter.Qian@antengene.com
Mobile: +86 13062747000
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SOURCE Antengene Corporation Limited | https://www.mysuncoast.com/prnewswire/2022/08/31/antengene-announces-interim-2022-financial-results-provides-corporate-update/ | 2022-08-31T06:35:24Z |
The new partnership enables Volkswagen dealers access to the industry's first fully-integrated Customer Experience Platform, Apollo®, which continues to set the bar for personalized and frictionless customer experiences today.
WASHINGTON, April 1, 2022 /PRNewswire/ -- Team Velocity® announced its selection as an official website and digital advertising provider in Volkswagen's Dealer Digital Certified Program today. Effective April 1st, Team Velocity's comprehensive digital retailing solution consisting of websites, digital advertising, and SEO, is now available to all Volkswagen Dealers across the nation. As a part of this announcement, Team Velocity offers new cutting-edge solutions guaranteed to meet the needs of consumers today.
Fueled by Apollo's revolutionary technology platform, Team Velocity offers a highly personalized online customer experience like never before. Volkswagen dealers can now utilize the power of true performance, personalization, and integration with Apollo Sites. For the first time in automotive history, this website platform harnesses the data goldmines within your dealerships DMS to provide every customer a unique, personalized, Amazon Prime-like experience. In addition to a public-facing website, Apollo Sites creates a personal website for every customer, dynamically customized to their unique information, including vehicle history, equity position, and shopping activity. Apollo Sites even generates personalized upgrade offers, recommended vehicles, service coupons, and recall notices, all based on unique customer data.
These progressive sites are built to create a seamless and frictionless customer experience from beginning to end with fully built-in transactional features that facilitate both sales and service transactions. With no plug-ins required, these sites include virtual test drive features, at-home appraisals, buy-online applications, a full suite of service applications, including online service schedulers with built-in pickup and delivery, and more.
With Apollo, dealerships like Lia VW of Enfield were able to reduce vendors, cut costs and get better results. "We made the switch to Apollo sites for several reasons… we wanted to work with a company that can do everything. They produce a seamless customer-centric shopping experience without the use of multiple layers of code from multiple vendors. Apollo Sites push a consistent message to every marketing channel every day, leading to more credible messaging," says Nathan Rodriquez, Director of Marketing for Lia VW of Enfield. "The Apollo Sites also gives our consumers a unique experience that is FAR better than the other website companies in the automotive space. These sites are the only ones that give every consumer their own experience, know them by name, makes behavioral-based recommendations, just like the bog box companies do."
Also included in Team Velocity's Digital Consumer Package is Apollo Ads, the first digital advertising product that fully integrates with your website, for consistent ads across every customer touchpoint. Apollo Ads enables your dealership to advertise 100 percent of your inventory and your service department across every digital medium. It creates relevant and to-the-penny-based payment ads while reflecting both OEM incentives, rebates, and your dealer pricing. These ads are automatically updated daily to reflect any changes in inventory, pricing, incentives, and more to Google, Bing, Facebook, and YouTube.
With Apollo Video powered by Advid, your dealership can also possess a one-of-a-kind video advertising product that enables unlimited and payment-based videos for every Volkswagen model you sell. These video ads are automated from creation to distribution to management and are updated nightly to YouTube for complete accuracy. Apollo Video fully integrates with Apollo Ads, boosting performance and ensuring consistency across every digital medium.
"We are incredibly honored to be selected as one of the new and approved vendors for Volkswagen's Dealer Digital Program," says David Boice, Co-Founder, and CEO of Team Velocity. Over the last couple of years, we have seen a tremendous success rate for our current Volkswagen dealers. With our Apollo® technology, we only hope to extend these achievements to Volkswagen dealers nationwide and provide truly frictionless customer experiences, from beginning to end."
With Apollo, all Volkswagen retailers can now exceed the demands of today's customers with a fully integrated solution for customer retention, advertising, websites, and retailing.
For more information about Team Velocity and Volkswagen's Dealer Digital Program, please visit:
About Team VelocityⓇ
Team Velocity is revolutionizing the automotive industry with technology that digitizes the car buying and vehicle ownership processes. Made by dealers for dealers, our Customer Experience Platform (CXP), Apollo, provides a suite of integrated applications that make, manage and measure frictionless consumer experiences, from the initial engagement to a final transaction. Apollo empowers dealers to own the entire customer journey by delivering hyper-personalized campaigns across every touchpoint, maximizing ROI and lifetime revenue.
For more information, visit www.teamvelocitymarketing.com.
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SOURCE Team Velocity | https://www.mysuncoast.com/prnewswire/2022/04/01/team-velocity-announces-all-new-certified-partnership-with-volkswagen/ | 2022-04-01T20:13:22Z |
NEW YORK, July 14, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Unilever PLC ("Unilever" or the "Company") (NYSE: UL) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Unilever investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all persons who purchased or otherwise acquired Unilever American Depositary Receipts between September 2, 2020 and July 21, 2021, inclusive. Follow the link below to get more information and be contacted by a member of our team:
UL 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: a) in July 2020, the board of Ben & Jerry's, one of Unilever's marquee brands, passed a resolution to end sales of its ice cream in "Occupied Palestinian Territory" ; and b) this boycott decision risked adverse governmental actions for violations of laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel adopted by 35 U.S. states.
WHAT'S NEXT? If you suffered a loss in Unilever during the relevant time frame, you have until August 15, 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.kxii.com/prnewswire/2022/07/14/ul-lawsuit-alert-levi-amp-korsinsky-notifies-unilever-plc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-07-14T10:22:30Z |
Event Brings 30 of the World's Top Men's and Women's Olympic and X-Game Champions to SoFi Stadium to Compete for Unprecedented Equal Prize Money, Airtime and Championship Belt; Tickets go on sale May 18
LOS ANGELES, May 18, 2022 /PRNewswire/ -- Premier Skateboard Association (PSA) together with SoFi Stadium and Hollywood Park, announced today a series of historic firsts for the world's first true skateboarding league and the new, state-of-the-art sports and entertainment venue and 2022 Super Bowl host. The venue will welcome the world's top skate athletes in its first-ever skateboarding event this summer, launching PSA's 2022 season. The event on July 9, will be televised on top television and digital platforms globally with distribution that rivals tier 1 sports.
PSA presents the best athletes of modern-day street skateboarding competing in a one-on-one battle jam session format. As an "athlete's first" organization, PSA ensures both men's and women's grand prize winners secure a first-ever equal cash purse, television coverage as well as the opportunity to hoist the "Green and Gold" championship belt, produced in collaboration with the World Boxing Council. The equal $250k purse for the season's points leader is the largest ever awarded to a female skate athlete confirming PSA's commitment to gender parity.
World's Top Skate Athletes
PSA's 2022 world tour stars 30 of the biggest international names in men's and women's street skateboarding including 14 Olympians. Ryan Sheckler (USA), Manny Santiago (PR), Chris Cole (USA), Kelvin Hoefler (BRA) and Felipe Gustavo (BRA) on the men's side and Funa Nakayama (JPN), Pamela Rosa (BRA), Alexis Sablone (USA) and Mariah Duran (USA) on the women's side are just a few of the top talent pushing limits and landing bolts for awestruck crowds worldwide.
Ticket Information
Fans will have the opportunity to experience this historic world skate launch at SoFi Stadium with tickets available to the public starting Wednesday, May 18th at 10:00 am PT via Ticketmaster.com.
Media Assets
Click here for PSA assets, including athlete video clips, headshots, logos, SoFi Stadium imagery and more.
"We entertained a number of venues globally to open the PSA season, but for this caliber of street skateboarding athletes we chose the heart of skateboarding's home - Los Angeles," said Matt McKee, COO, Premier Skateboard Association. "SoFi Stadium is arguably the best stadium on the planet, placing skateboarding on the largest stage in its history,"
"SoFi Stadium is a global stage for sports and entertainment," said Christy Castillo Butcher, senior vice president, Programming and Booking, SoFi Stadium and Hollywood Park. "We look forward to hosting PSA and some of the world's best skateboarding athletes on July 9, making SoFi Stadium and Hollywood Park a new home for elite skateboarding in Los Angeles."
SoFi Stadium
SoFi Stadium, the home of the reigning Super Bowl Champion Los Angeles Rams and Los Angeles Chargers, is located at Hollywood Park, a near 300-acre sports and entertainment destination being developed by Los Angeles Rams Owner/Chairman E. Stanley Kroenke in Inglewood, Calif. The 3.1 million square-foot SoFi Stadium is the largest stadium in the NFL, as well as the first indoor-outdoor stadium. It seats approximately 70,000, expandable up to 100,000, with more than 260 luxury suites and more than 13,000 premium seats. SoFi Stadium was host to Super Bowl LVI and will host the College Football National Championship Game in 2023, and the Opening and Closing Ceremonies of the Olympic Games in 2028. Adjacent to the stadium and sitting under the same roof canopy is the 2.5-acre American Airlines Plaza and the 6,000-seat YouTube Theater. For more information about SoFi Stadium, visit www.SoFiStadium.com or @SoFiStadium on Instagram, Facebook, Twitter and YouTube.
Premier Skateboard Association (PSA)
Headquartered in Los Angeles and founded in 2020, PSA is the leading "athlete first" league of professional street skateboarding competitions. The league is made up of some of the most decorated male and female professional skateboarders in the world, including veterans of the X Games and Olympics. PSA also hosts Backyard Skate Battle (BSB) events which are presented under the PSA umbrella and serve as a qualifier series for competitions. In the BSB Series, 6 men and 6 women compete in "challenge-style" formats. BSB champions earn places in the PSA League. With its fast-paced, action-filled contest series taking place on custom designed street courses in the US and abroad, PSA is creating a premium experience for its athletes and its global audience. Follow PSA on social media: Instagram: @PSA_SK8 | YouTube @PSASK8 | Facebook @PSASK8
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SOURCE Premier Skateboard Association | https://www.kxii.com/prnewswire/2022/05/19/premier-skateboard-association-names-sofi-stadium-its-la-home-with-sofi-stadiums-historic-first-skateboarding-event-july-9th-kicking-off-psas-2022-season/ | 2022-05-19T15:42:48Z |
Underwriters Fully Exercise Option to Purchase Additional Shares
HOUSTON, Aug. 15, 2022 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it closed the previously announced underwritten offering of 1,170,000 shares of its common stock at a public offering price of $42.85 per share. In addition, the underwriters fully exercised their option to purchase 175,500 additional shares. Including the exercise of the underwriters' option, the total number of shares sold in the offering was 1,345,500. Net proceeds to Main Street from the offering, including exercise of the underwriters' option to purchase additional shares and after deducting underwriting discounts and estimated offering expenses payable by Main Street, were approximately $55.1 million.
Main Street intends to use all of the net proceeds from this offering to initially repay outstanding debt borrowed under its credit facility and then, through re-borrowing under the credit facility, to make investments in accordance with its investment objective and strategies, to make investments in marketable securities and idle funds investments, to pay operating expenses and other cash obligations, and for general corporate purposes.
The underwriters of this offering were RBC Capital Markets, UBS Investment Bank and Wells Fargo Securities (as joint bookrunners) and Hovde Group, LLC and Oppenheimer & Co. (as co-managers). The shares were sold pursuant to an effective shelf registration statement on Form N-2 that has been filed with, and has been declared effective by, the U.S. Securities and Exchange Commission (the "SEC").
This press release does not constitute an offer to sell or a solicitation of an offer to buy the shares referred to in this press release.
Main Street (www.mainstcapital.com) is a principal investment firm that primarily provides long-term debt and equity capital to lower middle market companies and debt capital to middle market companies. Main Street's portfolio investments are typically made to support management buyouts, recapitalizations, growth financings, refinancings and acquisitions of companies that operate in diverse industry sectors. Main Street seeks to partner with entrepreneurs, business owners and management teams and generally provides "one stop" financing alternatives within its lower middle market investment strategy. Main Street's lower middle market companies generally have annual revenues between $10 million and $150 million. Main Street's private loan and middle market debt investments are made in businesses that are generally larger in size than its lower middle market portfolio companies.
Main Street, through its wholly owned portfolio company MSC Adviser I, LLC ("MSC Adviser"), also maintains an asset management business through which it manages investments for external parties. MSC Adviser is registered as an investment adviser under the Investment Advisers Act of 1940, as amended.
This press release contains certain forward-looking statements which are based upon Main Street management's current expectations and are inherently uncertain. Any such statements other than statements of historical fact are likely to be affected by other unknowable future events and conditions, including elements of the future that are or are not under Main Street's control, and that Main Street may or may not have considered; accordingly, such statements cannot be guarantees or assurances of any aspect of future performance. Actual performance and results could vary materially from these estimates and projections of the future as a result of a number of factors, including those described from time to time in Main Street's filings with the SEC. Such statements speak only as of the time when made and are based on information available to Main Street as of the date hereof and are qualified in their entirety by this cautionary statement. Main Street assumes no obligation to revise or update any such statement now or in the future.
# # #
Contacts:
Main Street Capital Corporation
Dwayne L. Hyzak, CEO, dhyzak@mainstcapital.com
Jesse E. Morris, CFO and COO, jmorris@mainstcapital.com
713-350-6000
Dennard Lascar Investor Relations
Ken Dennard | ken@dennardlascar.com
Zach Vaughan | zvaughan@dennardlascar.com
713-529-6600
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SOURCE Main Street Capital Corporation | https://www.wibw.com/prnewswire/2022/08/15/main-street-closes-public-offering-common-stock/ | 2022-08-15T14:21:32Z |
MORRISVILLE, N.C., May 19, 2022 /PRNewswire/ -- Metabolon, Inc., the global leader in providing metabolomics solutions that advance drug development and precision medicine, has appointed Sean Iverson as Vice President of Global Marketing. As part of the leadership team, Iverson will drive marketing strategy and execution for the company's expanding product portfolio.
"Sean's consistent delivery of data-driven results in the life sciences will support Metabolon's pipeline of product solutions and will expand and accelerate our market impact across all applications," said Rohan Hastie, Ph.D., President and CEO, Metabolon. "We are thrilled to welcome him to the organization. His experience includes a solid view of biotechnology and life sciences industries, bringing relevant perspective to our audience and supporting how our clients can maximize our suite of offerings to achieve their research goals."
One of Iverson's priorities is to expand the company's portfolio to include a full suite of visually dynamic and easy-to-understand metabolomics solutions that deliver insight into disease associations and biological themes. Metabolon's proprietary Heliogram™ visualization tool allows users to explore relevant pathways for rapid connectivity to the effects of therapeutic interventions.
"As the market leader in metabolomics, Metabolon has the opportunity to drive innovations supporting the full scope of life sciences," said Iverson. "Clinical research and drug development come with financial risk and uncertainty. Metabolon's groundbreaking solutions enable a complete understanding of disease states and expose amazing insights into human health. I'm excited to be part of the Metabolon team."
Iverson has driven success in his prior roles, emphasizing analytics and data-driven marketing and product efforts with strong commercial results. Most recently, Iverson was Vice President of Global Marketing at Sophia Genetics, leading the company's expansion of commercial and digital marketing, branding, and public relations. He was also actively involved with the company's initial public offering. Iverson also served in leadership roles at Danaher and Cisco Systems.
Iverson earned his MBA in International Marketing from the Leavey School of Business at Santa Clara University. He also holds an M.A. in International Relations from Johns Hopkins University School of Advanced International Studies and a B.A. in Political Science and Asian Studies from Brigham Young University.
About Metabolon
Metabolon, Inc. is the global leader in metabolomics, with a mission to deliver biochemical data and insights that expand and accelerate the impact of life sciences research. With over 20 years, 10,000+ projects, 2,800+ publications, and ISO 9001:2015 and CLIA certifications, Metabolon has developed industry-leading scientific, technology, and bioinformatics techniques. Metabolon's Precision Metabolomics™ platform is enabled by the world's largest proprietary metabolomics reference library. Metabolon's industry-leading data and translational science expertise help customers and partners address some of the most challenging and pressing questions in the life sciences, accelerating research and enhancing development success. The company offers scalable, customizable metabolomics and lipidomics solutions supporting customer needs from discovery through clinical trials and product life-cycle management. For more information, please visit metabolon.com and follow us on LinkedIn and Twitter.
About Metabolomics
Metabolomics, the large-scale study of all small molecules in a biological system, is the only 'omics technology that provides a complete current-state functional readout of a biological system. Metabolomics helps researchers see beyond the genetic variation of individuals, capturing the combined impact of genetic as well as external factors such as the effect of drugs, diet, lifestyle, and the microbiome on human health. By measuring thousands of discrete chemical signals that form biological pathways in the body, metabolomics can reveal important biomarkers enabling a better understanding of a drug's mechanism of action, pharmacodynamics, and safety profile, as well as individual responses to therapy.
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SOURCE Metabolon, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/19/metabolon-appoints-new-vice-president-global-marketing-supporting-commercial-product-expansion/ | 2022-05-19T18:38:26Z |
‘I just want her back home’: Pet owner offering reward for finding missing monkey
By Pauleen Le
Click here for updates on this story
MAPLEWOOD, Minnesota (WCCO) — A local pet owner is asking for help to find her missing capuchin monkey.
The nearly 2-year-old monkey’s name is Coco Chanel, and her owner, Zaurice Steward, says she disappeared Tuesday night, possibly from the parking lot at the Cub Foods in Maplewood.
Steward is offering a $3,000 cash reward for Coco’s safe return.
“I just want her back home,” Steward said. “I just feel like I lost my child.”
At about 8:45 p.m. Tuesday, Steward said she got a Facebook message from a family member telling her Coco disappeared.
“She literally wrote and said, ‘OMG Coco is missing,’” Steward explained.
The family member told Steward she had stopped by the Cub Foods off White Bear Avenue in Maplewood. Coco and her pink carrier were still in the back seat of her car. When she came out, both were nowhere to be seen.
Steward tried searching and she also filed a police report.
“Very strange,” said Lt. Joe Steiner of the Maplewood Police Department. “Theft from auto isn’t strange, but theft of a capuchin monkey from a motor vehicle is strange.”
Steiner said it’s also an unusual case because having capuchin monkeys as pets is illegal in Minnesota. Steward says Coco normally stays with other family across the border in Wisconsin, where they are legal.
“I’m scared that the wrong person has Coco,” Steward said. “I just want to make sure she’s OK.”
For now, Maplewood police are searching for surveillance video and witnesses. Steward is hopeful for some good news soon.
“I just want to find her and get her back safe,” Steward said. “I don’t care what I have to pay. I don’t care what I have to do. I just want her back safe.”
Maplewood police is asking anyone with information to give them a call at 651-777-8191.
Steward is currently taking donations to grow the reward money. If you’d like to help, you can donate to her on the Cash App at $melaninbeautybyz.
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/2022/04/06/i-just-want-her-back-home-pet-owner-offering-reward-for-finding-missing-monkey/ | 2022-04-07T05:31:46Z |
Services for Ina Genelle Dunn Hoffmeyer, 91, of Rockdale will be 10:30 a.m. Thursday at the First Baptist Church in Rockdale with the Rev. Morris Cook and the Rev. Matt Higginbotham officiating.
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Services for Ina Genelle Dunn Hoffmeyer, 91, of Rockdale will be 10:30 a.m. Thursday at the First Baptist Church in Rockdale with the Rev. Morris Cook and the Rev. Matt Higginbotham officiating.
Burial will be in the I.O.O.F. Cemetery in Rockdale.
Mrs. Hoffmeyer died Saturday, July 30, at a Rockdale rehabilitation center.
She was born Dec. 29, 1940, in Prairie Hill in Limestone County to Norris Waid and Ora Lee Yates Dunn. She married Ernest Hoffmeyer on Feb. 14, 1948, in Tehuacana. She was a member of First Baptist churches in several areas.
She was preceded in death by a son, Larry Wayne Hoffmeyer.
Survivors include her husband of Rockdale; two daughters, Ernestine Betchan of Rockdale and Sheila Kay Bishop of Taylor; a sister, Alice Veneda Hyde of Waco; a brother, Bobby Jack Dunn of Mineral Wells; four grandchildren; and seven great-grandchildren.
Memorials may be made to First Baptist Church, 240 Green St., Rockdale, TX 76567.
Visitation will be 9:30 a.m. Thursday at the church.
Phillips & Luckey Funeral Home in Rockdale is in charge of arrangements. | https://www.tdtnews.com/obituaries/article_b3d85424-11e1-11ed-8290-bb04a7f78e04.html | 2022-08-02T07:29:58Z |
Fastest Growing eBike Brand Offers Consumers the Option to Go Farther Than Ever Before
PHOENIX, Aug. 2, 2022 /PRNewswire/ -- Lectric eBikes, one of the fastest growing electric bike companies in the nation, announced today the latest addition to its portfolio of products – a Long-Range battery which allows riders to push the boundaries of range like never before.
Lectric is no stranger to industry-shattering innovation. Following the successful launch of the XP™ Lite and the XPremium electric bike series earlier this year, Lectric is at it again with the release of its new Long-Range battery. The 14 amp hour battery, which sports an impressive 672 watt-hour capacity and 48 volts, has the capability to extend any XP™ series range by 45%, depending on range factors.
"Following a survey of Lectric riders, we recognized that there's this very real appetite from not just prospective customers, but also existing customers for the ability to go on longer rides," said co-founder and CEO Levi Conlow. "We're all about having people feel confident in their riding experience. I don't want people to feel concerned that they might run out of battery, so we set out to eliminate that concern by offering this Long-Range battery."
Since the company's debut in 2019, Lectric has been praised for its commitment to creating high quality products at an affordable price point. Customers can now upgrade their XP™ 2.0 purchase with the Long-Range battery for $200 at checkout or purchase it separately for $500. In true Lectric eBikes fashion, the Long-Range battery allows riders to get more range for a fraction of the market price.
"The addition of the Long-Range battery is completely in the DNA of Lectric eBikes," Conlow continued. "When I say that, I mean we're delivering a tremendous value to the customer. At the end of the day, you cannot get this much battery from anybody else at this price point."
For a limited time, Long-Range batteries will be marked 20% off the regular price for existing XP™ 1.0 and 2.0 owners to purchase at www.lectricebikes.com.
Lectric eBikes is one of the fastest growing electric bike companies in the nation, selling nearly 200,000 eBikes in under 3 years. The company is known for its dedication to producing quality products at affordable prices. Its flagship XP™ 2.0 is exceptionally designed so that everyone can ride, delivering all the high-quality features of an elite eBike, offered at an industry-shattering low price.
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SOURCE Lectric eBikes | https://www.kxii.com/prnewswire/2022/08/02/lectric-ebikes-debuts-new-long-range-battery-extend-riders-adventures/ | 2022-08-02T13:23:57Z |
Case Study Concludes Better SharePoint, M365 Utilization Is An Administrative Gamechanger
WHITE PLAINS, N.Y., Sept. 12, 2022 /PRNewswire/ -- Collaborative project information management (PIM) software provider ProjectReady shared how its unique approach to SharePoint provisioning and management, in conjunction with improved deployment of the entire Microsoft 365 tech stack, has helped AECOM Canada reduce time spent on project team governance and management by up to 80 percent. The new case study, which features AECOM Canada Director of Digital Transformation Jeff Walter, details how the company is using ProjectReady to effectively manage roles and permissions across the lifecycle of projects, at scale.
"The ability to create a repeatable process that's accurate, reliable, and easy to use makes so much sense and saves so much time," said Walter. "An added bonus is that when the architecture and taxonomy are set up for reporting via ProjectReady, it provides access to information and the SQL database, which has certainly advanced our ability to report on projects."
Walters shares that, prior to ProjectReady, SharePoint provisioning was traditionally managed by AECOM's IT department while requests for changes and new sites flowed through the company's intranet. Not only did this process create bottlenecks, but it also resulted in poor SharePoint adoption due to the end-user being cut out of the equation.
In 2019, Walter attended an Autodesk University presentation, "Bringing SharePoint and BIM360 Together," given by Shaili Modi-Oza, ProjectReady's director of development, where he discovered that his team at AECOM Canada could use the ProjectReady solution to drive improved efficiency and, ultimately, greater value from the company's existing M365 investment.
"It's a true governance tool over the core solutions we use [SharePoint and Teams] within the Microsoft platform," said Walter. "I can use the SharePoint list with confidence instead of a spreadsheet and, with it, I can control who can see what, who has access to what libraries, folders, and documents. I couldn't do that before."
To read more about Walter's experience with ProjectReady and how AECOM Canada is using the collaborative project information management solution to improve efficiency, drive value, and drive SharePoint adoption, visit https://project-ready.com/home/case-study-aecom to download the case study. To learn more about ProjectReady, visit www.project-ready.com.
AECOM Canada is a subsidiary of AECOM, a Fortune 500 company and one of the largest infrastructure consulting firms in the world.
ProjectReady helps organizations apply process over the platforms they use every day to create simple, repeatable, and governed user workflows to improve efficiency, accuracy, and accountability.
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SOURCE ProjectReady | https://www.kxii.com/prnewswire/2022/09/12/aecom-canada-uses-projectready-streamline-construction-project-team-governance-improves-efficiency-by-80-percent/ | 2022-09-12T13:47:28Z |
Topeka teacher thanks local programs for aid on journey to become licensed
TOPEKA, Kan. (WIBW) - One Topeka special education teacher says he has two local higher education programs to thank for helping him get where he is today.
Without the help of two programs, the Kansas State Department of Education says Ricky Prato would not be where he is today - a licensed special education teacher at Meadows Elementary in Topeka Public Schools USD 501.
KSDE said Prato, 38, of Silver Lake, has had many careers - bank teller, landscaper, and shoe salesman. However, it was a job at a youth center he had when he was 16-years-old that sparked joy for him. After he tried other careers, it said Prato remembered that spark.
“I wanted that back,” Prato noted. “I relate well to kids.”
So, in 2009, the Department said Prato became a special education paraprofessional at Meadows. Along the way, it said he decided to take the next step and become a special education teacher. He then decided to pursue his bachelor’s degree in education, however, he was unsure of how he could with limited funds and a full-time schedule.
KSDE said Prato heard about 501′s Grow Our Own program, which has been put on hold due to funding constraints.
For the program, Dr. Beryl New, director of certified personnel and equity for USD 501 said Topeka Public Schools partnered with colleges and universities like Washburn University in order for certified staff members to become licensed educators. Staff members applied to participate in the program, and, if chosen, the district covered the expenses of books and tuition.
To be eligible for the program, Dr. New noted the candidate had to have been employed with the district for two years, already have earned 48 college hours, pass six college credit hours each semester and between 6 and 15 hours each summer, as well as agree to work for the district for two years after the program is completed.
KSDE said Prato also got help through Washburn University’s Paraprofessionals to Teachers Program, which is a pathway for paraprofessionals to complete teacher licensure. The program provides financial assistance to participants, coursework at convenient times, and mentoring and coaching. It said the focus of the program is special education and science, technology, engineering and mathematics license areas.
New indicated six teachers who completed the Grow Our Own program still teach for the district.
Lary Robbins, deputy superintendent of operations for 501, said Prato was the last staff member to finish the program before it was put on hold. He said Administration is currently looking at reinvesting in the program - especially with the ongoing teacher shortage.
Life threw challenges Prato’s way while he completed the program, however, KSDE said he never gave up.
“I knew it was going to be a challenge, but I challenged myself, and I did it,” Prato said. “I felt it was an obstacle course at times, but I never gave up. I really want to be an inspiration to others.”
The Department noted the 2021-22 school year is Prato’s second year as a teacher. During his time in the program, Prato said he had strong mentors and a good support system in place.
“We feel that supporting a wonderful paraprofessional to become a teacher is a great way to help our school,” said Nicole Johnson, principal of Meadows Elementary. “There is a shortage of teachers. We need to find creative ways to grow our profession. Targeting good candidates with programs like this can help support individuals to take the leap to committing to earning a degree.”
KSDE said it offers different pathways to the classroom - like the Limited Apprentice License program for high incidence special education. It said the LAL is currently offered at five Kansas universities and is an alternative pathway that allows qualified candidates to start teaching before they complete a full program. In order to qualify, it said candidates are required to have a bachelor’s degree from a regionally accredited university, have a GPA of 2.5 on a 4.0 scale for the most recent 60 semester credit hours, have a minimum of one full school year as a full-time special education paraprofessional under the supervision of a special education teacher, and have verification that a local education agency or district will employ and support them.
The Department noted the universities which offer the LAL program are Fort Hays State University, Friends University, Pittsburg State University, Washburn University and Wichita State University.
Dr. Mischel Miller, director of Teacher Licensure and Accreditation for KSDE, said programs like LAL help fill a niche with quality candidates who already have classroom experience.
“It’s phenomenal when we can create those partnerships,” Dr. Miller said. “Special education has the highest number of vacancies in Kansas. Programs like this can help.”
The Department indicated Prato enjoys teaching and is now working toward a master’s of special education from Washburn. He is thankful for the program that helped him achieve his dream of being in the classroom.
“I couldn’t do it without either one of these programs. It turned my life around,” Prato said. “I’m taking it one step at a time. I want to keep learning and achieving. Every day, the kids put a smile on my face. It’s such a rewarding (career) field.”
For more information about KSDE programs, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/06/topeka-teacher-thanks-local-programs-aid-journey-become-licensed/ | 2022-04-06T20:10:07Z |
BATON ROUGE (AP) — Abortion-rights advocates hope Louisiana’s near-total ban of the procedure will soon be blocked again, after plaintiffs in an ongoing legal challenge filed an appeal with the state Supreme Court Thursday.
Access to abortion in Louisiana has been back-and-forth for weeks, with the state’s three clinics relying on court rulings and temporary restraining orders to continue operations. Louisiana’s abortion law, which does not have exceptions for rape or incest, is currently in effect. However, if the Louisiana Supreme Court sides with the plaintiffs in their appeal, then enforcement of the ban will once again be blocked.
“We hope the Louisiana Supreme Court will rule that district courts have the power to block unconstitutional criminal statutes, including the trigger bans in question,” Joanna Wright, an attorney for the plaintiffs, said in a written statement Thursday afternoon. “Louisiana women must have access to critical and sometimes lifesaving healthcare, and we will continue challenging the Attorney General’s attempts to undermine that access through unconstitutionally vague statutes. This fight is far from over—we are not going anywhere.”
The back-and-forth battle over Louisiana’s ban began in June when the U.S. Supreme Court ended constitutional protections for abortion. While the plaintiffs don’t deny the state can now ban abortion, they argue that the law’s provisions are contradictory and unconstitutionally vague. The legislation bans all abortions except if there is substantial risk of death or impairment to the patient if they continue with the pregnancy and in the case of “medically futile” pregnancies — when the fetus has a fatal abnormality.
At issue is a legal question over whether district courts must put their rulings on hold while their decisions are appealed.
On July 21, Baton Rouge Judge Donald Johnson issued a preliminary injunction that allowed clinics to continue providing abortions while a lawsuit over the ban plays out.
But procedures came to a screeching halt last Friday when a state appeals court ruled in favor of Louisiana Attorney General Jeff Landry, granting a “suspensive” appeal and ordering Johnson to reinstate enforcement of the ban.
Following the decision, Wright said it was disappointing that the First Circuit ruled without first allowing plaintiffs an opportunity to file opposition to the motion. She said the court “essentially eliminated critical health care services in the state.”
The plaintiffs are now challenging the appeals court’s decision in the Louisiana Supreme Court. If the court rules in favor of the plaintiffs — which includes a northern Louisiana abortion clinic — the ban would be blocked for the third time since the U.S. Supreme Court overturned Roe v. Wade.
The plaintiffs argue in their appeal of the First Circuit decision that providers don’t know what medical care they can perform under the law, and therefore “are forced, in tragic instances, to choose between engaging in potentially illegal conduct or refusing to provide critical healthcare to their patients with potentially grave results.”
The law states that doctors and others who perform abortions could face up to 15 years in prison.
Former Louisiana Attorney General Buddy Caldwell and 22 law professors in the state filed amicus briefs in support of the plaintiffs’ appeal. The briefs focus on the legal arguments of the filing and not the “merits in the underlying lawsuit.”
Abortion providers and advocates say each day of the ban being blocked has been extremely valuable. Since Roe v. Wade was overturned, there have been at least 249 abortions in Louisiana, according to data from the state’s department of health. | https://cw33.com/health/ap-health/louisiana-abortion-providers-file-appeal-hope-to-block-ban/ | 2022-08-05T13:12:35Z |
THE WOODLANDS, Texas, June 6, 2022 /PRNewswire/ -- Target Hospitality Corp. ("Target Hospitality", "Target" or the "Company") (NASDAQ: TH), one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services, today announced that it will attend and present at the Stifel 2022 Cross Sector Insight Conference on Tuesday, June 7, 2022, and the Bank of America Securities Credit Conference on Thursday, June 9, 2022.
Presentation Details
These events will be broadcast live via webcast. A link to the webcasts will be available through the Investors section of Target Hospitality's website at www.TargetHospitality.com.
A replay of the presentations will be available through the Investors section of Target Hospitality's website for a limited time.
Target Hospitality is one of North America's largest providers of vertically integrated modular accommodations and value-added hospitality services in the United States. Target builds, owns and operates a customized and growing network of communities for a range of end users through a full suite of value-added solutions including premium food service management, concierge, laundry, logistics, security and recreational facilities services.
Investor Contact
Mark Schuck
(832) 702 – 8009
ir@targethospitality.com
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SOURCE Target Hospitality | https://www.kxii.com/prnewswire/2022/06/06/target-hospitality-announces-june-2022-conference-attendance-presentation-schedule/ | 2022-06-06T11:23:38Z |
Joe Malmuth Rises to Chief Franchising Officer as Entire Team Earns New Titles, Franchising Certifications
HARTLAND, Wis., Sept. 15, 2022 /PRNewswire/ -- On the heels of record-breaking franchise sales, organic system-wide growth and multiple successful resales, Batteries Plus, the nation's largest and fastest-growing battery, light bulb, key fob and repair franchise, announced today the promotion of its entire franchise development team. Led by its newly promoted Chief Franchising Officer, Joe Malmuth, CFE, the Batteries Plus development team also celebrated the promotions of Vic Daher to Vice President of Franchise Development and Brandon Mangual to Managing Director of Franchise Development.
Malmuth climbs the leadership ladder from his previous position of Vice President of Franchise Development, a title he has held since June 2021. Since joining the company in May 2020, Malmuth has been responsible for overseeing all aspects of franchise development. In addition to working with new owners and franchise consultants to expand the system, he has also been managing programs focused on helping current owners develop territory and facilitate transactions. In the two and a half years since his hiring, Malmuth has driven the development strategy for the brand, inking franchise agreements that will continue to bring new Batteries Plus stores to communities across the country. Recent franchise agreements signed by Malmuth and his team include a variety of franchisees that come from diverse business backgrounds – restaurants, finance, sales, etc. – further validating the strength of the development team and its ability to secure qualified operators.
"In the two and a half years since joining Batteries Plus, I have seen the brand grow exponentially. Our growth has been through the addition of new, enthusiastic franchise owners, expansion and development of our current owners and a very successful resale strategy all which have helped expand our presence across the country. It has been a very exciting time in our brand's history," said Joe Malmuth, Chief Franchising Officer. "That being said, none of this success would be possible without the dedication and tenacity of our franchise development team. Vic and Brandon are tremendously hard workers and their futures within our brand are very bright. We can't wait to continue to see them grow."
Daher earns his new title after holding his previous position of Director of Franchise Development since July 2020. Daher's responsibilities in his new role include territory development and demographics as well as market optimization. Mangual becomes Managing Director of Franchise Development after joining the brand in October 2020 as Franchise Development Manager. In his new position, Mangual will be responsible for franchise development marketing and analytics. In addition to their promotions, both Daher and Mangual earned their Certified Franchise Executive (CFE) certification – joining Malmuth in the prestigious group of franchising professionals with this designation.
"Joe, Vic and Brandon are truly top-notch franchise development professionals and their recent promotions are very well deserved," said Jon Sica, Chief Strategy and Development Officer for Batteries Plus. "Our franchise development team has put us on a continued track for another record-breaking year of growth so far in 2022 and we are confident we will end the year on an even higher note."
To learn more about Batteries Plus, including information on the franchise opportunity or tour a store virtually, visit batteriesplusfranchise.com.
ABOUT BATTERIES PLUS:
Batteries Plus, founded in 1988 and headquartered in Hartland, WI, is a leading omnichannel retailer of batteries, specialty light bulbs and phone repair services for the direct-to-consumer and commercial channels. The retailer also offers key programming, replacement and cutting services. Through a nationwide network of stores, the company offers a differentiated value proposition of unrivaled product selection, in-stock availability and customer service. Batteries Plus is owned by Freeman Spogli, a private equity firm based in Los Angeles and New York City. To learn more about one of Forbes®' Best Franchises to Buy in America, visit https://www.batteriesplusfranchise.com.
MEDIA CONTACT: Julianne Stevenson, Fishman Public Relations, jstevenson@fishmanpr.com or 224-558-2510
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SOURCE Batteries Plus | https://www.wibw.com/prnewswire/2022/09/15/batteries-plus-announces-multiple-promotions-within-franchise-development-team/ | 2022-09-15T13:47:00Z |
Kansas casinos announce sports betting partnerships, options
TOPEKA, Kan. (WIBW) - Kansas casinos have announced the sports betting options they will offer for players on Sept. 1.
After Kansas Governor Laura Kelly announced sports wagering in the Sunflower State will start with a soft launch at noon on Thursday, Sept. 1, followed by a full opening on Sept. 8, the Kansas Lottery says it is pleased to announce which platforms will be available for the public to bet on.
Per Senate Bill 84, the Kansas Lottery noted that each state-operated casino in Kansas will be able to offer both in-person sportsbooks and mobile sports betting on up to three platforms or applications. It said those partnerships are as follows:
- Hollywood Casino in Kansas City, Kan., will have both an in-person sportsbook and mobile sports betting available through Barstool Sports.
- Kansas Star Casino in Mulvane will have both an in-person sportsbook and mobile sports betting available through FanDuel.
- Boot Hill Casino and Resort in Dodge City will offer mobile sports betting through DraftKings.
- An in-person sportsbook for this location will be announced at a later date. In the interim, players are still welcome to visit the casino and place wagers via a mobile application while there.
- Kansas Crossing Casino in Pittsburg will offer mobile sports betting through BetMGM, Caesars and PointsBet.
- An in-person sportsbook for this location will be announced at a later date. In the interim, players are still welcome to visit the casino and place bets on a mobile application while there.
For more information about sports betting in Kansas, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/26/kansas-casinos-announce-sports-betting-partnerships-options/ | 2022-08-26T19:15:59Z |
Highmark Wholecare, formerly Gateway Health, has been a leading managed care organization for 30 years
PITTSBURGH, Aug. 31, 2022 /PRNewswire/ -- Highmark Wholecare, formerly Gateway Health, has been selected by the Pennsylvania Department of Human Services (DHS) as a Medicaid managed care organization (MCO) through the 2019 Pennsylvania HealthChoices Physical Health request for applications (RFA) process. The 2019 HealthChoices Physical Health RFA results will be implemented on Sept. 1, 2022.
Established in 1992, Highmark Wholecare is a leading mission-driven, member-centric managed care organization dedicated to caring for the total health of its members. Through its robust Medicaid and Medicare programs – and in collaboration with a network of 29,000 primary care physicians, specialists, hospitals, community partners and other ancillary providers – Highmark Wholecare coordinates health care that goes beyond doctors and medicine that helps members achieve whole life health.
In 2021, Highmark Wholecare's Medicaid plan in Pennsylvania achieved a Medicaid Accreditation score of 4.0 (out of 5 stars) from the National Committee for Quality Assurance (NCQA). Highmark Wholecare Medicare Advantage dual-eligible special needs plans (D-SNPs) earned a 4.5-star quality rating (out of five stars) for contract year 2022 from the Centers for Medicare and Medicaid Services (CMS).
"At Highmark Wholecare, our mission is to care for the whole person in communities where the need is greatest, and we see a future where everyone has an equal opportunity to achieve their best health," said Ellen Duffield, President and Chief Executive Officer, Highmark Wholecare. "We are proud that the state entrusts us to care for vulnerable families and communities. Our corporate headquarters are in Pittsburgh and our membership resides exclusively in Pennsylvania. The majority of our associates live and work in the state. Our members are our neighbors."
Along with its extensive provider network, Highmark Wholecare's care model includes coordinating with a wide range of community partners to help address members' social determinants of health (SDoH) needs. Social determinants of health are the conditions in which people are born, grow, live, work and age. Up to 80% of a person's health is determined by these factors, which can include lack of access to quality food, housing, education, jobs and transportation.
"We pride ourselves on being a community-based health plan, supporting not only our members, but organizations within the communities we serve that provide the types of resources and assistance that our members need," Duffield said. "We are proud to help local businesses and non-profits in pursuit of providing our members with the best care possible so they can live healthier lives and achieve not just physical health, but whole life health."
Highmark Wholecare has prepared for the HealthChoices implementation by executing a stringent internal review of the nearly 2,000 readiness items requested by DHS prior to implementation.
"For nearly a year, we have been preparing diligently for the HealthChoices implementation to ensure there is no disruption of care for any of our members," Duffield added. "We identified and empowered a dedicated readiness team that has followed the guidance set forth by DHS. The process has proceeded so smoothly that by the end of 2021 we had addressed 99% of the readiness items requested by DHS."
In 2021, Highmark Health acquired full ownership of Gateway Health, after previously holding a 50% ownership interest. Gateway Health was established in 1992 through a partnership that included Highmark Health and Mercy Health.
Highmark Health acquiring sole ownership paved the way for Gateway Health to become a Blue Cross Blue Shield licensee. Highmark Wholecare Blue Cross and/or Blue Shield Medicaid and Medicare Advantage D-SNP health plans became available across Pennsylvania on Jan. 1, 2022.
We believe in caring for the whole person in all communities where the need is greatest. We see a future in which everyone has equal opportunity to achieve their best health. Through our leading Medicaid and Medicare programs, we are coordinating healthcare that goes beyond doctors and medicine that helps members achieve not just physical health, but also delivers whole person care. Our associates are helping to drive this new kind of healthcare for our 370,000 Medicaid and Medicare members in collaboration with a network of 29,000 primary care physicians, specialists, hospitals, and other ancillary providers. We are also committed to supporting our neighbors through our many community outreach and engagement programs.
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SOURCE Highmark Wholecare | https://www.kxii.com/prnewswire/2022/08/31/highmark-wholecare-selected-by-pennsylvania-care-states-most-vulnerable-citizens/ | 2022-08-31T21:21:45Z |
LIMASSOL, Cyprus, April 30, 2022 /PRNewswire/ -- These days, InstaForex celebrates its 15th anniversary. Shortly after its foundation in 2007, the international broker signed a cooperation agreement with MetaQuotes Software, an industry leader in online trading software.
Since then, InstaForex has grown not just into a reliable broker providing access to all global financial markets but also a progressive fintech company. The brand has chosen innovation as its top priority.
InstaForex was one of the first brokers to introduce trust management technologies and give its clients an opportunity to copy trades of successful traders. The company also developed its own services – PAMM and ForexCopy systems.
The company continues to expand its services worldwide. Nowadays, InstaForex has representative offices all across the globe and works with traders from all over the world. Its clients have already opened more than 7 million trading accounts.
Favorable trading conditions are not the only thing that makes the broker so popular. InstaForex also provides one of the best bonus programs in the market and holds various contests and giveaways on a regular basis.
Along with public recognition, InstaForex has a high-performance rating. It has won prestigious awards and has been recognized as the best broker in Asia, Eastern Europe, and the CIS multiple times.
Being selected as the Most Active Broker in Asia by AtoZ Markets Forex Awards and the Best Affiliate Program by UK-based Global Brands Magazine are among the broker's latest achievements.
Over the years, InstaForex has cooperated with many world-famous sports stars, including Norwegian biathlete Ole Einar Bjørndalen, tennis players Victoria Azarenka and Daria Kasatkina and many other athletes.
Nowadays, InstaForex brand ambassadors are three-time Olympic swimming champion Yuliya Efimova, grandmaster Viswanathan Anand, top racer Ales Loprais, as well as world Muay Thai champion Vladimir Moravcik.
The broker also cooperates with entire sports teams. Its partners are German football club Borussia Dortmund, Slovak hockey club Zvolen, and US racing team Dragon Racing.
In addition, InstaForex is the title sponsor of InstaForex Loprais Team, a well-known rally crew, which once again proves that the company strives to be the best at everything. The broker always makes every effort to meet the highest quality standards both in terms of trading conditions and customer services.
Photo: https://mma.prnewswire.com/media/1808091/InstaForex.jpg
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SOURCE InstaForex | https://www.mysuncoast.com/prnewswire/2022/04/30/instaforex-international-broker-with-15-years-experience-global-financial-markets/ | 2022-04-30T16:48:05Z |
NASHVILLE, Tenn., June 15, 2022 /PRNewswire/ -- The Sustainable Forestry Initiative® (SFI) announced today that LP Building Solutions (LP) is the recipient of the SFI President's Award for 2022. The award is given annually to an organization or individual that leads the forest community on important issues related to sustainability, education, and collaboration.
SFI recognized LP for its longstanding leadership in sustainability and its admirable focus on the environmental, social, and governance (ESG) factors at the core of the company's values. LP has also demonstrated a commitment to building a diverse workforce, educating youth, and supporting the communities where its employees live and work.
The award was presented on June 14 at the 2022 SFI/Project Learning Tree annual conference in Madison, Wisconsin.
"LP exemplifies SFI's mission as an organization committed to forest-focused collaborations," said SFI President & CEO Kathy Abusow. "This award recognizes LP's efforts to advance sustainability across all four of SFI's pillars: Standards, Conservation, Community, and Education."
Celebrating its 50th anniversary, LP has grown to be a world leader in the production of strand-based exterior siding and structural panels for new construction, repair and remodeling, and other applications.
LP was an early adopter of SFI's Standards, receiving its first SFI certificate in 2000. Today, the company leases 13 million acres of SFI-certified land in Canada and has 25 manufacturing facilities in the U.S., Canada, and South America certified to the SFI Forest Management and Fiber Sourcing Standards (U.S. and Canada) and Programme for the Endorsement of Forest Certification Chain of Custody Standards (South America). LP uses the SFI label on more than 20 different products to leverage and promote the SFI brand to help tell its sustainability story.
SFI certification is central to advancing LP's climate leadership. LP recently completed its Scope 1, 2, and 3 greenhouse gas emissions inventories and released its first Task Force for Climate Related Financial Disclosures assessment, which communicates how LP evaluates and manages climate change risks and opportunities across its business and develops solutions to support a low-carbon energy transition.
"It is an incredible honor to receive the 2022 SFI President's Award," said LP Chair and CEO Brad Southern. "At LP, we proudly advocate to conserve and care for our planet. One of the most critical ways we do this is through sustainable forest management, which involves collaborating and partnering with our Indigenous communities, scientific research, rigorous planning, third-party standards, and public outreach and education. As an early adopter of forest certification standards—first certified to SFI over 20 years ago—we have long seen the value in partnering with third-party experts to ensure we take care of one of Earth's most critical renewable resources—our forests. For our work to be recognized by SFI, a leading authority on sustainable forestry, is truly humbling."
LP has participated in SFI-funded conservation projects that collaborate with conservation groups to continually improve and innovate its forestry practices. For example, LP was an active participant and leader in the SFI-funded project by Ducks Unlimited Canada, the Forest Roads and Wetland Project. The project worked on SFI-certified forest areas managed by LP to develop new road and crossing construction practices to ensure the integrity of water flow and quality through forested wetland systems, and to maintain and conserve wetlands and waterfowl habitats in West Central Manitoba. In addition, LP participated in an SFI-funded collaborative research project led by the National Council for Air and Stream Improvement to ensure that forest managers understand the nutritional needs of caribou and to help manage the landscape to provide those resources. Finally, as part of the Maine SFI Implementation Committee, LP participates in Maine Fisheries Improvement Network initiatives aimed at identifying and replacing defective culverts and other fish passages across the state. In all these ways and more, LP has demonstrated conservation leadership.
LP also supports youth education and, together with Project Learning Tree Canada, funds the Outland Youth Employment Program (OYEP), which supports Indigenous youth so they can gain career skills and basic forestry skills through camps designed to encourage a safe environment. In 2022, LP will host a camp program in the Duck Mountain Provincial Forest in Manitoba. Since 2018, Project Learning Tree Canada and SFI-certified organizations have contributed over $4.2 million CAD to OYEP.
As part of LP's community engagement, it is an active member of nine SFI Implementation Committees. One specific project involved LP collaborating on a community project to construct and install 70 bat boxes in St. Louis County, Minnesota. This project provided bat habitats needed to help combat white-nose syndrome, which is affecting many bat populations across the U.S. and Canada.
LP joins a distinguished group of people and organizations to win the SFI President's Award, including USDA Forest Service Chief Vicki Christiansen in 2021 and the Yakama Nation in 2019.
About LP Building Solutions
As a leader in high-performance building solutions, Louisiana-Pacific Corporation (LP Building Solutions, NYSE: LPX) manufactures engineered wood building products that meet the demands of builders, remodelers and homeowners worldwide. LP's extensive offerings include innovative and dependable building products and accessories, such as siding solutions (LP® SmartSide® Trim & Siding, LP® SmartSide® ExpertFinish® Trim & Siding, LP BuilderSeries® Lap Siding, and LP® Outdoor Building Solutions®), LP Structural Solutions (LP® TechShield® Radiant Barrier, LP WeatherLogic® Air & Water Barrier, LP Legacy® Premium Sub-Flooring, and LP® FlameBlock® Fire-Rated Sheathing, LP NovaCore™ Thermal Insulated Sheathing, and more), LP® TopNotch® Sub-Flooring, and oriented strand board (OSB). In addition to product solutions, LP provides industry-leading customer service and warranties. Since its founding in 1972, LP has been Building a Better World™ by helping customers construct beautiful, durable homes while our shareholders build lasting value. Headquartered in Nashville, Tennessee, LP operates 25 plants across the U.S., Canada, Chile, and Brazil. For more information, visit LPCorp.com.
About the Sustainable Forestry Initiative
SFI advances sustainability through forest-focused collaborations. We are an independent, non-profit organization that leverages four interconnected pillars of work: standards, conservation, community, and education. SFI works with the forest sector, conservation groups, academics, researchers, brand owners, resource professionals, landowners, educators, local communities, Indigenous Peoples, and governments. Collaborating with our network, we leverage SFI-certified forests and products as powerful tools to help solve sustainability challenges such as climate action, conservation of biodiversity, education of future generations, and sustainable economic development. Learn more at forests.org.
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SOURCE LP Building Solutions | https://www.wibw.com/prnewswire/2022/06/15/lp-building-solutions-wins-sfi-presidents-award-its-commitment-forest-focused-collaborations/ | 2022-06-15T13:48:56Z |
DETROIT, July 20, 2022 /PRNewswire/ -- The Michigan Health Endowment Fund (MHEF) has awarded research investigators at the Barbara Ann Karmanos Cancer Institute a $100,000 Community Health Impact grant to support a new program addressing financial toxicity among cancer patients. Michigan Community Outreach to Address Financial Toxicity (MI-COST) will build upon ongoing community outreach and engagement work underway within Karmanos' Office of Cancer Health Equity and Community Engagement (OCHECE).
The objectives of MI-COST include developing a series of educational seminars on topics designed to help people with cancer and their caregivers navigate related financial barriers and creating a website to provide patients and caregivers with financial information and resources. OCHECE has been working closely with 11 Cancer Action Councils (CACs) throughout Michigan to gather thoughts on what cancer patients need. CACs are groups of cancer survivors, caregivers and advocates who apply their knowledge about local cancer issues to improve the lives of cancer patients, survivors and caregivers in their communities. In 2019, financial hardship was a theme that emerged in many of the CAC conversations.
"One of our roles in OCHECE is to connect our communities to our scientists and our scientists to our communities to ensure that there is community input into our cancer center's research agenda," said Hayley Thompson, Ph.D., co-investigator for the MI-COST program, associate center director for community outreach and engagement at Karmanos, and professor in the department of oncology at Wayne State University's School of Medicine.
"One of those strategies for doing that includes having this network of CACs who represent different areas, different regions, different populations and different communities. They help us understand what to prioritize in cancer research based on the needs and the disparities they observe around them in their communities. When we mixed the councils into different subgroups, financial hardship emerged as a leading priority and the area they wanted to tackle as a larger network."
Theresa Hastert, Ph.D., assistant professor in the department of oncology at Wayne State University's School of Medicine and member of the Population Studies and Disparities Research Program at Karmanos, is the principal investigator for MI-COST. Dr. Hastert has been approaching this opportunity from a research perspective, starting from the beginning conversations among the CACs. Instead of a more traditional method of creating a survey for CAC members to answer and the investigators make the determination of what's needed based on the themes, she's flipping the process.
"I have a lot of experience working with data that we've already collected, but data we collect through a survey is only as good as the questions we ask," said Dr. Hastert. "By allowing the CAC members to communicate, we're getting richer information about how finances were an impact when cancer entered their lives and what would have been helpful to them at the time. And we're incorporating this information into what we're doing. It's a valuable and unique opportunity as a researcher to have your work be more impactful for the people you want to ultimately help."
With the $100,000 grant, the investigators have begun developing seminars and a digital resource. A Community Advisory Board, which includes CAC members, cancer survivors, caregivers, providers and community organizations, will help determine topics and features that will be included.
Find more information about Karmanos' Office of Cancer Health Equity and Community Engagement and their outreach in 46 counties throughout Michigan at karmanos.org/officeofcommunity.
Karmanos Cancer Institute is a leader in transformative cancer care, research and education through courage, commitment and compassion. The Karmanos vision is a world free of cancer. As part of McLaren Health Care, Karmanos is the largest provider of cancer care and research in Michigan. For more than 75 years, the administrative and research headquarters, along with the premier specialty cancer hospital, have been located in downtown Detroit. With 16 network sites, Karmanos delivers world-renowned care and access to clinical trials throughout Michigan and northern Ohio. The National Cancer Institute recognizes Karmanos as one of the best cancer centers in the nation with a comprehensive cancer center designation. Its academic partnership with the Wayne State University School of Medicine provides the framework for cancer research and education – defining new standards of care and improving survivorship. For more information, call 1-800-KARMANOS (800-527-6266) or visit www.karmanos.org. Follow Karmanos on Facebook, Twitter, LinkedIn and YouTube.
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SOURCE Karmanos Cancer Institute | https://www.kxii.com/prnewswire/2022/07/20/planning-begins-new-digital-resource-seminars-help-cancer-patients-navigate-financial-barriers-thanks-mhef-grant/ | 2022-07-20T14:06:03Z |
HO CHI MINH CITY, Vietnam, Aug. 25, 2022 /PRNewswire/ -- Besides maintaining as the top supplier of domestic soymilk, Vinasoy continues to gain new achievements in the export segment thanks to its active expansion of potential international markets.
The pride of Vietnamese soy milk on the journey of reaching out to the 'big sea'
Vinasoy has been a part of Vietnamese consumers' nutritional lives since 1997, and the brand has also maintained the leading position in the instant soy milk industry for many consecutive years. According to Nielsen, in August 2021, Vinasoy accounted for 92.2% market share of paper-packed soy milk nationwide. Also, as stated by the global data analysis firm GlobalData UK, Vinasoy was named as the first and the only Vietnamese enterprise in the top 5 largest soy milk companies in the world for three years in a row, from 2018 – to 2021.
Recently, Vinasoy has continued to mark the 'made in Vietnam' soy milk on major and promising markets by putting the products on shelves, making Vinasoy more and more boldly on the world dairy map. Vinasoy products now can be found in nearly 200 Asian stores in the United States, the Vietnamese convenience stores in Seoul and Ansan in Korea, 400 more Don Quijote stores in Japan, 10 stores of Stop Mart convenience store chain in Yangon – Myanmar's capital, and 2 traditional markets in Bago.
Previously, Vinasoy's milestone of reaching out to the world began in 2020, with the products launching on 11 leading Chinese e-commerce platforms. In 2021, Vinasoy's products had been officially available in Chinese and Japanese supermarkets. Moreover, Vinasoy has effectively covered the majority of Japan, with approximately 1,000 Asian stores and supermarkets spreading along 45/47 provinces.
The strength and vision of the dairy industry's 'giant'
The United States, China, Korea, Japan, and Myanmar are core markets with huge consumption. Yet, there are hurdles which are challenges related to product quality and severe inspection criteria of many countries, as well as tough competition from both domestic and global companies. Particularly, in the last two years, the COVID-19 outbreak has caused the production-supply chain to massive break down, making it more difficult for many businesses; and the conquering of other international markets of Vinasoy has shown persistent efforts of the No.1 Vietnamese soy milk manufacturer.
After a quarter of a century, Vinasoy has still maintained the image of an enterprise that is always moving forward and transforming for new opportunities. From its core product, which is soy milk, Vinasoy has developed the plant-based nutrition business lately, by launching the very first plant-based yogurt drink in Vietnam called VEYO Yogurt. This is considered a positive step toward consumers' green food preferences in the post-COVID-19 event.
With 25-year of experience and achievements focusing on soybean product research and development, with full and thorough preparation investment in human resources, equipment, and raw materials, which are a solid premise for Vinasoy to enter a bigger market, explore more values, and expand further in this potential industry.
With the strength and position that has been confirmed, along with the spirit of 'always in the state of a start-up', Vinasoy's soy milk and other high-nutritious products will undoubtedly reach consumers not only in Vietnam but also in other countries, uplifting the pride of Vietnamese brands in the world map.
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SOURCE Vinasoy | https://www.kxii.com/prnewswire/2022/08/25/vinasoy-its-new-marks-international-dairy-map/ | 2022-08-25T14:36:04Z |
Sometimes a title just doesn’t help a movie.
Not that directors Anthony and Joe Russo had much choice in titling “The Gray Man,” their new Netflix spy thriller starring Ryan Gosling — they’re adapting the novel of the same name, about a shadowy CIA assassin on the run. Still, it’s hard not to think of the title when contemplating the overall effect of a film that spares no expense to entertain, yet ends up feeling a little aimless, perplexingly bland, and — what’s the word we’re looking for? Oh yes. Gray.
This is a bit of a shame when you’re spending a reported $200 million. And it’s not that we can’t see where the money went. First of all Gosling, even with his charisma deliberately hampered here — call it the “graying” process — is still worth watching. But also, rarely has global mayhem seemed quite so luxurious as in this venture, which takes us from Bangkok to Baku, from Vienna to Croatia to Prague to France’s stunning Chateau de Chantilly, from winding cobblestone streets to grand castles and up to the skies, too — all in chase of one man.
The action is certainly impressive. Let’s take just one scene the Russos have dubbed a “movie within a movie” — and maybe they weren’t referring to the budget, but this shootout reportedly cost $40 million. In a picturesque Prague square, Gosling’s character remains handcuffed to a bench — rather calmly, given the circumstances — as he confronts waves upon waves of assassins (and perhaps all available film extras and vehicles on the European continent).
Then there’s the midair scene where Gosling battles attackers who suddenly get orders to kill him mid-flight, leading to a sequence involving fires and explosions and parachuting and anything else you can imagine. If you’re like me, you may start to wonder: Will this costly manhunt reach the moon? I mean, we know Gosling has experience landing on the lunar surface — also calmly. And what’s one more location shoot?
But this isn’t “First Man,” this is GRAY man. “You’d exist in the gray,” CIA handler Donald Fitzroy (Billy Bob Thornton) tells Gosling’s character, then a young prison inmate looking at decades in a cell for murder, in a flashback. He’ll win a get-out-of-jail-free card if he’ll agree to the whole covert assassin thing.
Now it’s 18 years later and Sierra Six, or Six for short (because 007 was taken, he quips) is on the job. He’s in Bangkok, along with helper Dani (Ana de Armas, appealing but underused) to kill someone at a New Year’s bash, directed remotely by his current boss, Denny Carmichael (Regé-Jean Page of “Bridgerton,” sadly given a cardboard role here, as is Jessica Henwick as his colleague). He’s about to use his enormous weapon when he notices a small child nearby. “Cleared for collateral,” he’s told. But Six won’t take the risk, and ends up making the kill the old-fashioned way.
But before the man expires, he informs Six he’s actually on the same team, and hands him a drive with compromising information about their colleagues. “You’re probably next,” he says.
Now Six is on the run. He’s good at escaping (witness the park bench, and the airplane). Enter LLoyd Hansen (Chris Evans), the most sadistic of freelance killers, whom we meet while torturing someone. Lloyd is such a meanie even the CIA didn’t want him full time, but they need him now. Everything’s extreme about Lloyd, starting with his mustache. Evans has fun being fiendish, and gets a few good lines along with some real clunkers, one of the catchier being: “You wanna make an omelet? You gotta kill some people.” But honestly, the torture scenes … did we need that? Really?
Meanwhile, we learn through another flashback that Six has a close relationship with Fitzroy’s young niece, Claire (the lovely 13-year-old Julia Butters from “Once Upon a Time in … Hollywood.”) Claire, who’s lost her parents, has a heart problem and needs a pacemaker — an important plot point.
Other notable supporting players include Alfre Woodard in a too-brief turn as a key Six ally and Dhanush as another expert killer called in for help. The expressive Butters gives, though, the most empathetic performance — to be fair, nobody else is fully redeemable, no matter what fancy diploma they have (“We all went to Harvard together” is a line the university’s PR team might want to immediately protest).
And yes, Gosling’s Six is attached to Claire, but the man’s an assassin for hire, so it’s hard to root for him. And unlike the increasingly superhuman Tom Cruise in “Mission: Impossible,” a franchise this movie perhaps seeks to emulate, we don’t even get to root for Gosling in a heroic battle against the dark force of aging — he’s two decades younger than Cruise.
Speaking of looking good, which Gosling still can’t help but do, there’s a Ken Doll reference here — perhaps a nod to his upcoming turn in the new Barbie film. If you catch it, you may find yourself imagining what he’ll look like in blond hair and a goofy grin.
To paraphrase The Muppets, it’s not easy being gray.
“The Gray Man,” a Netflix release, has been rated PG-13 by the Motion Picture Association of America “for intense sequences of strong violence, and strong language. “ Running time: 126 minutes. Two stars out of four. | https://www.tdtnews.com/entertainment/article_5e647eb8-0837-11ed-8c85-b7903b351afb.html | 2022-07-21T07:12:27Z |
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- Today, Auxilius announces that Sharon Langan will be joining the organization as Vice President of Channel & Strategic Partnerships. In this newly formed role, she will be responsible for business development, channel and strategic partner relationships, and community building across the biopharma finance and accounting discipline.
Sharon brings decades of industry experience to Auxilius, having served as Global Practice Leader of Finance and Life Sciences at Informa Connect (previously CBI) for the past 20 years. During this time, she was responsible for product commercialization, marketing, event production, content curation, sales enablement, and public relations. She also founded the Life Sciences Finance & Accounting Congress, an industry-leading network and forum for Chief Financial Officers and their teams. She started her career in the Audit and Assurance function at Deloitte and received her Bachelor's in Business and Accounting at Assumption University.
"The relationships and network that Sharon has built in this industry speak volumes. Sharon is passionate and deeply committed to empowering finance and accounting leaders," said Adam Weisman, CEO and co-founder of Auxilius. "The contributions Sharon has made to this community are remarkable, and I'm incredibly proud that she has decided to join the Auxilius team."
"I have spent years alongside the biotech and finance accounting community, understanding the unique problems they face, the importance of the work they do, and the passion they bring to their organizations. Auxilius gives this community something new: a comprehensive, real-time, actionable view of their R&D and clinical trial spend," said Sharon. "Biotechs aim to get life-saving therapies to patients consistently and cost effectively. We're here to help them do so."
Auxilius was purpose-built by a team with decades of experience at the intersection of finance and healthcare to address the unique operational, financial, and accounting needs of clinical trials. The company helps biotechs accomplish more by augmenting manual clinical business operations and FP&A/accounting processes with intuitive software works with a company's existing tech stack to scale alongside their portfolio. This allows companies conducting clinical trials to take control over trial costs and clinical vendors, to manage financial risk, and to optimize spend in pursuit of trial targets. The company is backed by notable investors including Bain Capital Ventures, Renegade Partners, and XYZ Venture Capital. To learn more, please visit www.auxili.us.
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SOURCE Auxilius | https://www.kxii.com/prnewswire/2022/09/07/auxilius-adds-industry-veteran-sharon-langan-vp-channel-amp-strategic-partnerships/ | 2022-09-07T16:22:22Z |
SCOTTSDALE, Ariz., April 22, 2022 /PRNewswire/ -- Embrey Management Services has been selected to provide multifamily residential services for Hayden Townhomes in Scottsdale, AZ. This will be the second property in the Phoenix metropolitan area managed by the award-winning company. Embrey was selected by The Praedium Group who owns the property.
This brand-new 32-unit upscale community features two- and three-bedroom townhomes, two-car garages and a resort-style pool. The property is bordered by an expansive nature preserve and is minutes away from shopping, parks and Scottsdale's thriving arts scene.
"We chose Embrey Management Services because of their deep understanding of the market and the exceptional level of service they provide to residents. Embrey's background as a highly regarded developer allows their team to take a unique approach to property management in order to deliver an exceptional living experience to our residents," said Josh Kogel, Vice President of The Praedium Group. Unit amenities at Hayden Townhomes include two balconies per unit, large closets, his-and-her primary bathroom sinks, abundant natural lighting and designer finishes throughout.
"Embrey Management Services is pleased to partner with The Praedium Group as we continue to grow our footprint in the Phoenix area," says Allyson McKay, Managing Director and Executive Vice President of Embrey Management Services. "Embrey specializes in the management of luxury communities such as this one. We are looking forward to drawing from this experience to provide an elevated living experience for residents at this beautiful property."
About Embrey
San Antonio-based Embrey Partners LLC is a diversified real estate investment company that owns, develops, builds, acquires, and manages multifamily residential communities and commercial assets in targeted markets across the United States. Since 1974, Embrey has developed nearly 43,000 apartments and more than 6 million square feet of commercial property. Embrey is a leading developer in the multifamily sector with more than 4,000 units under construction. www.embreydc.com
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SOURCE Embrey | https://www.wibw.com/prnewswire/2022/04/22/embrey-management-services-selected-manage-hayden-townhomes-scottsdale-az/ | 2022-04-22T16:19:36Z |
SINGAPORE, April 29, 2022 /PRNewswire/ -- Coinllectibles™️, a wholly owned subsidiary of Cosmos Group Holdings, Inc. (OTC: COSG) is pleased to share its latest initiative in community engagement by releasing exclusive POAPs (Proof of Attendance Pictures) for its series of AMA (Ask-Me-Anything) sessions. POAPs are Ethereum-based NFT badges which are considered to be unique digital collectibles, and are given to participants for attending events in the physical world, online, or the metaverse.
"While POAPs are not widespread within the NFT community, we feel the POAPs are a really interesting way to encourage broader participation with the artist or partner. They enable more people to engage with the physical pieces as well as provide an element of experience and access to a digital collectible associated with that art form. We recently held an AMA session where we released the inaugural Coinllectibles' POAPs minted with the authentic photographs of Andy Warhol by photographer William John Kennedy. We saw an encouraging uptake of community members participating to receive the POAPs. Of course the Kennedy signed limited edition pieces themselves, including the Warhol Holding Marilyn Acetate, are special and of interest to many collectors, but we feel the POAPs can add to the long term engagement by more people to the artist and recognition of Kennedy's work," said Toby O'Connor CEO of Coinllectibles™️.
There will be further opportunity to access a POAP and learn more about William John Kennedy and his work with Andy Warhol and the special editions pieces on 4 May. Community members are welcome to join the 4th May session at 10pm HKT/ 3pm BST and access the event online via these channels:
- Youtube: http://ow.ly/vXK950IU6V3
- Facebook: http://ow.ly/1son50IU6V4
- Linkedin: http://ow.ly/W0L050IU6V2
For more information, please follow @Coinllectibles on Twitter (https://twitter.com/coinllectibles) or visit https://coinllectibles.art.
Forward Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical fact are forward-looking statements, which are often indicated by terms such as "anticipate," "believe," "could," "estimate," "expect," "goal," "intend," "look forward to," "may," "plan," "potential," "predict," "project," "should," "will," "would" and similar expressions. These forward-looking statements may include, but are not limited to, statements regarding future business activities including the expansion into the decentralized financing space. These forward-looking statements are not promises or guarantees and involve substantial risks and uncertainties. Among the factors that could cause actual results to differ materially from those described or projected herein include uncertainties associated with operating a business in Singapore and Hong Kong, risk of interference by the PRC government, ability to compete, that financial resources do not last for as long as anticipated, and that COSG is a holding company that may not realize the expected benefits of NFT's offered by Coinllectibles™️. A further list and description of these risks, uncertainties and other risks can be found in COSG's regulatory filings with the U.S. Securities and Exchange Commission, including in its current report on Form 8-K filed on September 17, 2021. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. COSG undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise.
For media queries, please contact:
Ms Rachel Lim
Director, Marketing & PR
Rachel.Lim@Coinllectibles.Art
About Cosmos Group Holdings Inc
Cosmos is a business group that operates in two business segments:
- Arts and Collectibles
- Financing
Through CoinllectiblesTM, the group provides authentication, valuation and certification (AVC) service, sale and purchase, hire purchase, financing, custody, security and exhibition (CSE) services to art buyers through traditional channels, as well as through leveraging blockchain technology through the creation of non-fungible tokens (NFTs).
With subsidiaries licensed under Hong Kong's Money Lenders Ordinance, the group currently primarily provides unsecured personal loan to private individuals, with a small portfolio of mortgage loans.
The group is integrating the two business segments by offering secured financing services to prospective art and collectibles purchasers to provide a one-stop arts and collectibles purchasing and financing experience.
About the Company – Coinllectibles™️
Coinllectibles™️ is a technology company supporting the collectibles industry with a focus on rare memorabilia and artworks that exist and have intrinsic value in the real world, whether tangible or intangible in nature.
Coinllectibles™️ applies blockchain, marketplace, metaverse and NFT technologies as tools to disrupt and enhance the real world collectibles industry. The technology underpinning NFTs (non-fungible tokens) has multiple functional use cases that Coinllectibles™️ is applying to areas including art, sports, watches, numismatics, limited edition toys, limited edition fashion wear and sneakers. NFTs have the power to transform our societies and some areas may be subject to regulations. Coinllectibles™️ uses NFT technology solely to provide a legally-binding digital ownership token (DOT) to a tangible or intangible collectible, which our analysis suggests would functionally fall outside any regulatory parameter.
Website: www.coinllectibles.art
Facebook: https://www.facebook.com/Coinllectibles
Instagram: https://www.instagram.com/coinllectibles/
Twitter: https://twitter.com/coinllectibles
LinkedIn: https://www.linkedin.com/company/coinllectibles
Telegram: https://t.me/Coinllectibles
About Coinllectibles™️ Fusion DOT
Coinllectibles™️ prides the Fusion DOT as the industry "Gold Standard". Being a Gold Standard, a Fusion DOT contains the following on the Inter Planetary File System (IPFS) – (1) a sale and purchase agreement reflecting the purchase, by the person minting the Fusion DOT™️, of the underlying asset at a fair value with all rights and restrictions clearly detailed, (2) bailment terms governing the rights to possession whilst the underlying asset remains with Coinllectibles™️, (3) a transfer deed reflecting the transfer of the ownership of the underlying asset (together with all rights and restrictions) by the transferor to the holder of the Fusion NFT™️, (4) ownership title deed written into the description of the Fusion DOT™️ and (5) the unequivocal identification file of the underlying asset, whose ownership is reflected in the title deed represented by the Fusion DOT™️.
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SOURCE Cosmos Group Holdings Inc. | https://www.mysuncoast.com/prnewswire/2022/04/29/coinllectibles-releases-poaps-collectors-enhancing-engagement-online-sessions-with-artists-partners/ | 2022-04-29T21:14:12Z |
DALLAS, Sept. 14, 2022 /PRNewswire/ -- VertexOne, the leading provider of cloud-based customer experience software-as-a-service (SaaS) solutions for the utility and energy industry, today announced its partnership with Crypto Power, a newly-formed division of Pumpjack Power, a Texas-based wholesale electricity provider.
Allocating 80% of its resources to powering cryptocurrency mining facilities, Crypto Power will use VertexOne's forward-thinking VXexchange and VXretail (formerly known as UtiliBill™) platforms. Both solutions are products from VertexOne's recently acquired EC Infosystems — a leading provider of billing, customer information systems (CIS) and electronic data interchange (EDI) solutions in North America.
Crypto data centers typically demand high levels of electric output. This usage requires complex billing engines that can accurately track and monitor large volumes of data from digital electric meters, or smart meters. With nearly 30 years of experience in the utility industry, VertexOne's advanced billing solutions can apply different rates during different times, even at 15-minute intervals.
"VXexchange and VXretail are designed to meet the diverse needs of enterprises like Crypto Power," said VertexOne Senior Vice President Ananda Goswami. "This powerful duo provides both commercial and industrial businesses with customized billing options, working off smart meter data uploaded by TDSPs [transmission and distribution service providers]."
"VertexOne is undoubtedly emerging as a leader in the Texas retail market," added VertexOne CEO Andrew Jornod. "We're committed to being on the forefront of addressing the needs of our customers and the utility industry at large."
Along with VXexchange and VXretail, VertexOne's EC Infosystems can efficiently manage data-deploying invoices for high-energy usage data centers, which are expanding rapidly across the industry and country. This allows customers to save money while utilizing a customizable and advanced bill rating engine.
"VertexOne's forward-thinking products were a major factor in our decision-making process," said Pumpjack Power's Executive Vice President Scooter Womack. "EC Infosystems has supported Pumpjack Power over the years, and the commitment VertexOne has shown to our market and our unique business model showed us that they are the perfect partner for this venture."
VertexOne is the leading provider of cloud-based SaaS software solutions, powering the next generation of customer experience for utilities, energy retailers, and energy transition providers. With more than 30 years of experience and 350 customers in the cloud, we capitalize on our deep expertise to provide a wide range of innovative solutions for digital transformation, revenue optimization, and data-driven efficiency operations surrounding the customer. From customer information systems (CIS) and mobile workforce management (MWM) to electronic data interchange (EDI) and self-service customer engagement portals, we empower our customers to deliver a compelling customer experience, reduce costs to serve, increase operational efficiency, and improve customer satisfaction. For more information on how VertexOne allows you to enhance the digital customer experience, improve revenue management, and leverage data analytics, visit https://www.vertexone.net.
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SOURCE VertexOne | https://www.wibw.com/prnewswire/2022/09/14/vertexone-announces-partnership-with-crypto-power/ | 2022-09-14T13:32:58Z |
Clean Juice Provides Community with Organic High-End, Premium Juices, Smoothies, Bowls & Bites
NEW HUDSON, Mich., Sept. 14, 2022 /PRNewswire/ -- New Hudson residents now have a new go-to spot to boost their immune system, cleanse and eat and drink purely natural. Clean Juice, the original USDA-certified organic juice bar franchise, has opened its newest location at 30785 Milford Rd. on September 10.
To celebrate the New Hudson location, Clean Juice is hosting a grand opening on September 17 and will be offering free juice for a year for the first 50 customers, buy-one get-one free smoothies, complimentary smoothies for kids and a wheel to spin for prizes.
The New Hudson fast-casual juice bar is owned and operated by local residents and married couple Jill and Scott Minke. Jill has a background in the education system and has always had a passion for living healthy. Jill and Scott have made a diligent effort to find delicious and healthy food for their two daughters over the years. In 2019, the family came across a Clean Juice location in Ohio and instantly fell in love.
"Clean Juice provides the New Hudson area a fast and healthy option where people are able to try a variety of great tasting menu items," said Jill. "Our family fell in love when we first tried Clean Juice, and we are so excited to bring this kind of concept to the New Hudson area."
Minke's family believes in the core values of Clean Juice and want to encourage others to pursue a healthy and clean lifestyle. That is why bringing this new franchise to New Hudson was really important, to bring that level of a clean lifestyle close to home.
As the original USDA-certified organic juice bar franchise with over 130 open stores nationwide, Clean Juice sources only the highest-quality, premium ingredients for its cold-pressed juices, smoothies, açaí and Greenoa Bowls, toasts, wraps and more. Clean Juice aims to provide the perfect nutrition that comes only from organic food. Made fresh daily, Clean Juice has 10 heavily-dense nutrient cold-pressed juices made daily, which are made non-pasteurized and without heat, resulting in no enzymes being damaged. Also known for its dozens of superfood add-ons, Clean Juice offers fresh, organic spices that can be added to smoothies and juices for added health benefits.
For more information about the Clean Juice opening in New Hudson, please visit www.cleanjuice.com or call (248) 264-6288.
While the concept of juicing has been around since the 1970s, co-founders Landon and Kat Eckles discovered a market need for an all-organic juice bar and healthier fast-food options. With no existing concept, they created their own store in Charlotte, N.C. that ultimately led to franchising and a mission to provide communities with a healthy and delicious organic product. Since June 2016, the company has sold over 140 franchises in 23 states.
About Clean Juice
Realizing the importance of an organic, plant-based diet, co-founders Landon and Kat Eckles started Clean Juice in 2016 as the first and only USDA-certified organic juice bar franchise. Rooted in "healthy body and a strong spirit" (3 John 1-2) scripture, Clean Juice offers organic açaí bowls, cold-pressed juices, smoothies, and other healthy food to on-the-go families in a warm and welcoming retail experience across the nation. The brand has more than 130 locations across the country. For more information about Clean Juice, its leadership team and its core values, please visit www.cleanjuice.com and for franchise opportunities, please visit www.cleanjuicefranchising.com.
Media Contact: Evan Hensley, Fishman PR, ehensley@fishmanpr.com, 847-945-1300
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SOURCE Clean Juice | https://www.wibw.com/prnewswire/2022/09/14/local-family-brings-usda-certified-clean-juice-new-hudson/ | 2022-09-14T18:00:38Z |
NEW YORK, Aug. 4, 2022 /PRNewswire/ -- MFA Financial, Inc. (NYSE:MFA) today provided its financial results for the second quarter ended June 30, 2022.
Second Quarter 2022 financial results update:
- MFA generated a GAAP loss for the second quarter of ($108.6) million, or ($1.06) per common share1. Distributable Earnings, a non-GAAP financial measure, was $47.2 million, or $0.46 per common share.
- GAAP book value at June 30, 2022 was $16.42 per common share, while Economic book value, a non-GAAP financial measure of MFA's financial position, was $17.25 per common share at quarter-end.
- Continued increases in interest rates and wider spreads resulted in losses on our residential whole loans that are measured at fair value through earnings of $216.4 million. This was partially offset by unrealized gains on securitized debt measured at fair value through earnings as well as gains on derivatives used for risk management purposes totaling $132.4 million.
- Net interest income for the second quarter was $52.6 million. Interest income from residential whole loans increased 3% over the immediately prior quarter to $102.4 million. Interest expense was $13.4 million higher than the immediately prior quarter, consistent with the rising rate environment, which impacted both repurchase agreement funding and securitization execution. For the second quarter, the overall net interest spread generated by all of our interest-bearing assets, including the carrying cost associated with swaps used for economic hedging purposes, was 1.37%.
- During the quarter, we completed two securitizations of Business Purpose loans, totaling $509.5 million, including our first securitization of approximately $250.0 million of Rehabilitation loans. We also completed another securitization of Non-QM loans totaling $540.7 million, providing longer term, non-recourse, non-mark-to-market financing. In connection with these transactions, we generated additional liquidity of $58.2 million. Subsequent to quarter end we completed two additional securitizations totaling $550.2 million, further reducing our use of recourse, mark-to-market financing.
- Loan acquisition activity of $728.6 million included $508.5 million of funded originations (including draws on Rehabilitation loans) of Business Purpose loans (approximately $600 million maximum loan amount inclusive of undrawn amounts) and $220.1 million of Non-QM loan acquisitions.
- On July 29, 2022, MFA paid a regular cash dividend for the second quarter of $0.44 per share of common stock.
Commenting on the second quarter, Craig Knutson, MFA's CEO and President said, "The second quarter of 2022 was an extremely challenging period across all financial markets. The S&P 500 Index was down over 16% in the second quarter and posted its worst first half of the year in more than 50 years. Bond markets continued to sell off after a difficult first quarter and bond indices are generally down over 10% year-to-date. Mortgage spreads widened materially as did credit spreads, with high yield corporates wider by almost 300 basis points year-to-date. Through this difficult period, our team at MFA has protected book value and preserved capital as we wait for more favorable market conditions. Mortgage REIT book values are down substantially since the beginning of 2022, and while MFA has certainly not been immune to these forces, our book value performance has been better than most in the peer group. We proactively addressed these market challenges beginning late last year in an effort to hedge our exposure to interest rate risk and marshal liquidity. Our interest rate swap position, which was $900 million at the beginning of 2022, is now $3.2 billion as we actively managed our hedge position through the rate cycle, and the floating receive leg of these swaps now exceeds the fixed pay leg by over 50 basis points. Despite difficult market conditions, we have continued to execute securitizations, which fix and term out our financing for our loan portfolio while generating more liquidity. Lima One has been able to take advantage of market disruptions that have made it difficult for competitors who rely on loan sales to third-parties. The current origination pipeline has a weighted average coupon of approximately 8%. We slowed our new investment activity in Non-QM loans further in the second quarter, given the uncertainty around rates and credit spreads.
Mr. Knutson added, "During the quarter we maintained a substantial cash position and closed the quarter with nearly $400 million in unrestricted cash. Despite ongoing declines in residential loan valuations, our strategy of maintaining an under borrowing cushion on our mark-to-market financings resulted in minimal margin call requests. Overall leverage increased slightly, mainly due to declines in asset values, but remains relatively low at 3.3 times debt to equity. Excluding securitized debt, our recourse leverage is 1.8 times debt to equity. We reported a GAAP loss of ($1.06) per common share in the second quarter, as earnings were negatively impacted by market value decreases in our loan portfolio held at fair value. Our GAAP book value decreased $1.42, or 8.0%, to $16.42 per share, and our Economic book value declined $1.56 or 8.3% to $17.25 per share. Distributable Earnings, a non-GAAP metric intended to provide a measure of earnings that primarily eliminates non-cash, unrealized gains and losses that impact our GAAP earnings, were $47.2 million or $0.46 per common share."
Q2 2022 Portfolio Activity
MFA's residential mortgage investment portfolio decreased by $85.0 million during the second quarter. Loan acquisitions of $728.6 million, including $508.5 million of funded originations (including draws on Rehabilitation loans) of Business Purpose loans and $220.1 million of Non-QM loan acquisitions, were largely offset by portfolio run-off and asset valuation declines.
At June 30, 2022, our investments in residential whole loans totaled $8.2 billion. Of this amount, $6.8 billion are Purchased Performing Loans, $474.9 million are Purchased Credit Deteriorated Loans and $922.1 million are Purchased Non-performing Loans. During the quarter, we recognized approximately $102.4 million of Interest Income on residential whole loans in our consolidated statements of operations, representing a yield of 4.85%. Purchased Performing Loans generated a yield of 4.20%, Purchased Credit Deteriorated Loans generated a yield of 6.85% and Purchased Non-performing Loans generated a yield of 9.40%. Interest income from our residential whole loan portfolio increased on a sequential quarter basis by almost 3% and overall delinquency rates across all loan products in our Purchased Performing Loan portfolio were lower than the prior quarter. In addition, the amount of Purchased Credit Deteriorated Loans that were 90 or more days delinquent, measured as a percentage of the unpaid principal balance, decreased from 18.3% at March 31, 2022 to 17.7% at June 30, 2022. The percentage amount of Purchased Non-performing Loans that were 90 or more days delinquent decreased to 41.8% at June 30, 2022 from 43.0% at March 31, 2022.
Lima One had another strong quarter, funding more than $425.2 million of business purpose loans with a maximum loan amount of approximately $600 million, and generating approximately $10.7 million of origination, servicing, and other fee income.
For the second quarter, a provision for credit losses of $1.8 million was recorded on residential whole loans held at carrying value, primarily reflecting adjustments to lower future estimates of prepayment speeds given recent and expected future increases in market interest rates, partially offset by the run-off of loans held at carrying value. The total allowance for credit losses recorded on residential whole loans held at carrying value at June 30, 2022 was $36.9 million. In addition, we recorded an impairment charge in earnings of $28.6 million against the carrying value of our investment in one loan origination partner, bringing the net carrying value of our investment to zero at June 30, 2022.
During the second quarter we increased our position in interest rate swaps to a notional amount of $3.2 billion. At June 30, 2022, these swaps had a weighted average fixed pay interest rate of 1.69% and a weighted average variable receive interest rate of 1.50%. After including the impact of these swaps and other derivatives that have been entered into for economic hedging purposes, as well as the effect of securitized and other fixed rate debt, we estimate that the net effective duration of our investment portfolio at June 30, 2022 was 0.93.
Our Purchased Non-performing Loans and certain of our Purchased Performing Loans are measured at fair value as a result of the election of the fair value option at acquisition, with changes in the fair value and other non-interest related income from these loans recorded in Other income, net each period. For the second quarter, net losses of $216.4 million were recorded, primarily reflecting unrealized fair value changes in the underlying loans. These losses were partially offset by $47.8 million of gains on derivatives used for risk management purposes, as well as $84.6 million of mark-to-market gains on securitized debt held at fair value through earnings.
We also continued to take advantage of a strong housing market to reduce our REO portfolio, selling 124 properties in the second quarter for aggregate proceeds of $39.6 million and generating $7.3 million of gains. Our REO portfolio was $135.8 million at June 30, 2022, a 34% decrease since June 30, 2021.
At the end of the second quarter, MFA held $245.6 million of Securities, at fair value, including $152.9 million of MSR-related assets and $92.7 million of CRT securities.
General and Administrative and other expenses
For the three months ended June 30, 2022, MFA's costs for compensation and benefits and other general and administrative expenses were $29.6 million. Expenses this quarter include $13.0 million of compensation and other general and administrative expenses recorded at Lima One.
Segment reporting
Included in this press release for the first time is information on our reportable segments, including GAAP Net Income and Distributable Earnings for each segment for the three month periods ended March 31 and June 30, 2022 and segment assets of December 31, 2021 and June 30, 2022.
The following table presents MFA's asset allocation as of June 30, 2022, and the second quarter 2022 yield on average interest-earning assets, average cost of funds and net interest rate spread for the various asset types.
Table 1 - Asset Allocation
The following table presents the activity for our residential mortgage asset portfolio for the three months ended June 30, 2022:
Table 2 - Investment Portfolio Activity Q2 2022
The following tables present information on our investments in residential whole loans.
Table 3 - Portfolio composition
Table 4 - Yields and average balances
Table 5 - Net Interest Spread
Table 6 - Allowance for Credit Losses
The following table presents a roll-forward of the allowance for credit losses on the Company's Residential Whole Loans, at Carrying Value:
Table 7 - Credit related metrics/Residential Whole Loans
June 30, 2022
December 31, 2021
Table 8 - LTV 90+ Days Delinquencies
The following table presents certain information regarding the Company's Residential whole loans that are 90 days or more delinquent:
Table 9 - Shock Table
The information presented in the following "Shock Table" projects the potential impact of sudden parallel changes in interest rates on the value of our portfolio, including the impact of Swaps and securitized debt, over the next 12 months based on the assets in our investment portfolio at June 30, 2022. Changes in portfolio value are measured as the percentage change when comparing the projected portfolio value to the base interest rate scenario at June 30, 2022.
Webcast
MFA Financial, Inc. plans to host a live audio webcast of its investor conference call on Thursday, August 4, 2022, at 11:00 a.m. (Eastern Time) to discuss its second quarter 2022 financial results. The live audio webcast will be accessible to the general public over the internet at http://www.mfafinancial.com through the "Webcasts & Presentations" link on MFA's home page. To listen to the conference call over the internet, please go to the MFA website at least 15 minutes before the call to register and to download and install any needed audio software. Earnings presentation materials will be posted on the MFA website prior to the conference call and an audio replay will be available on the website following the call.
Cautionary Language Regarding Forward-Looking Statements
When used in this press release or other written or oral communications, statements which are not historical in nature, including those containing words such as "will," "believe," "expect," "anticipate," "estimate," "plan," "continue," "intend," "should," "could," "would," "may," the negative of these words or similar expressions, are intended to identify "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and, as such, may involve known and unknown risks, uncertainties and assumptions. These forward-looking statements include information about possible or assumed future results with respect to our business, financial condition, liquidity, results of operations, plans and objectives. Among the important factors that could cause our actual results to differ materially from those projected in any forward-looking statements we make are: changes in inflation and interest rates and the market (i.e., fair) value of MFA's residential whole loans, MBS, securitized debt and other assets and liabilities accounted for at fair value through earnings, the effectiveness of hedging transactions; changes in the prepayment rates on residential mortgage assets, an increase of which could result in a reduction of the yield on certain investments in MFA's portfolio and could require MFA to reinvest the proceeds received by it as a result of such prepayments in investments with lower coupons, while a decrease in which could result in an increase in the interest rate duration of certain investments in MFA's portfolio making their valuation more sensitive to changes in interest rates and could result in lower forecasted cash flows; credit risks underlying MFA's assets, including changes in the default rates and management's assumptions regarding default rates on the mortgage loans in MFA's residential whole loan portfolio; MFA's ability to borrow to finance its assets and the terms, including the cost, maturity and other terms, of any such borrowings; implementation of or changes in government regulations or programs affecting MFA's business; MFA's estimates regarding taxable income, the actual amount of which is dependent on a number of factors, including, but not limited to, changes in the amount of interest income and financing costs, the method elected by MFA to accrete the market discount on residential whole loans and the extent of prepayments, realized losses and changes in the composition of MFA's residential whole loan portfolios that may occur during the applicable tax period, including gain or loss on any MBS disposals and whole loan modifications, foreclosures and liquidations; the timing and amount of distributions to stockholders, which are declared and paid at the discretion of MFA's Board and will depend on, among other things, MFA's taxable income, its financial results and overall financial condition and liquidity, maintenance of its REIT qualification and such other factors as MFA's Board deems relevant; MFA's ability to maintain its qualification as a REIT for federal income tax purposes; MFA's ability to maintain its exemption from registration under the Investment Company Act of 1940, as amended (or the "Investment Company Act"), including statements regarding the concept release issued by the Securities and Exchange Commission ("SEC") relating to interpretive issues under the Investment Company Act with respect to the status under the Investment Company Act of certain companies that are engaged in the business of acquiring mortgages and mortgage-related interests; MFA's ability to continue growing its residential whole loan portfolio, which is dependent on, among other things, the supply of loans offered for sale in the market; expected returns on MFA's investments in nonperforming residential whole loans ("NPLs"), which are affected by, among other things, the length of time required to foreclose upon, sell, liquidate or otherwise reach a resolution of the property underlying the NPL, home price values, amounts advanced to carry the asset (e.g., taxes, insurance, maintenance expenses, etc. on the underlying property) and the amount ultimately realized upon resolution of the asset; targeted or expected returns on MFA's investments in recently-originated loans, the performance of which is, similar to MFA's other mortgage loan investments, subject to, among other things, differences in prepayment risk, credit risk and financing cost associated with such investments; risks associated with MFA's investments in MSR-related assets, including servicing, regulatory and economic risks, risks associated with our investments in loan originators, risks associated with investing in real estate assets, including changes in business conditions and the general economy and risks associated with the integration and ongoing operation of Lima One Holdings, LLC (including, without limitation, unanticipated expenditures relating to or liabilities arising from the transaction and/or the inability to obtain, or delays in obtaining, expected benefits (including expected growth in loan origination volumes) from the transaction); and other risks, uncertainties and factors described in the annual, quarterly and current reports that MFA files with the SEC. All forward-looking statements are based on beliefs, assumptions and expectations of MFA's future performance, taking into account all information currently available. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date on which they are made. New risks and uncertainties arise over time and it is not possible to predict those events or how they may affect MFA. Except as required by law, MFA is not obligated to, and does not intend to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
Segment Reporting
At June 30, 2022, the Company's reportable segments include (i) mortgage-related assets, (ii) Lima One, and (iii) Corporate. The Corporate segment primarily consists of corporate cash and related interest income, investments in loan originators and related economics, general and administrative expenses not directly attributable to Lima One, interest expense on unsecured convertible senior notes, securitization issuance costs, intangible assets and preferred stock dividends.
The following tables summarize segment financial information, which in total reconciles to the same data for the Company as a whole. MFA is not presenting comparable segment statements of operations for the three and six months ended June 30, 2021 because MFA did not consolidate Lima One during those periods.
Reconciliation of GAAP Net Income to non-GAAP Distributable Earnings
"Distributable earnings" is a non-GAAP financial measure of our operating performance, within the meaning of Regulation G and Item 10(e) of Regulation S-K, as promulgated by the Securities and Exchange Commission. Distributable earnings is determined by adjusting GAAP net income/(loss) by removing certain unrealized gains and losses, primarily on residential mortgage investments, associated debt, and hedges that are, in each case, accounted for at fair value through earnings, certain realized gains and losses, as well as certain non-cash expenses and securitization-related transaction costs. Management believes that the adjustments made to GAAP earnings result in the removal of (i) income or expenses that are not reflective of the longer term performance of our investment portfolio, (ii) certain non-cash expenses, and (iii) expense items required to be recognized solely due to the election of the fair value option on certain related residential mortgage assets and associated liabilities. Distributable earnings is one of the factors that our Board of Directors considers when evaluating distributions to our shareholders. Accordingly, we believe that the adjustments to compute Distributable earnings specified below provide investors and analysts with additional information to evaluate our financial results.
Distributable earnings should be used in conjunction with results presented in accordance with GAAP. Distributable earnings does not represent and should not be considered as a substitute for net income or cash flows from operating activities, each as determined in accordance with GAAP, and our calculation of this measure may not be comparable to similarly titled measures reported by other companies.
The following table provides a reconciliation of our GAAP net (loss)/income used in the calculation of basic EPS to our non-GAAP Distributable earnings for the quarters ended June 30, 2022 and 2021:
The following table presents our non-GAAP Distributable earnings by segment for the quarterly periods below:
Reconciliation of GAAP Book Value per Common Share to non-GAAP Economic Book Value per Common Share
"Economic book value" is a non-GAAP financial measure of our financial position. To calculate our Economic book value, our portfolios of Residential whole loans and securitized debt held at carrying value are adjusted to their fair value, rather than the carrying value that is required to be reported under the GAAP accounting model applied to these financial instruments. These adjustments are also reflected in the table below in our end of period stockholders' equity. Management considers that Economic book value provides investors with a useful supplemental measure to evaluate our financial position as it reflects the impact of fair value changes for all of our residential mortgage investments and certain associated financing arrangements, irrespective of the accounting model applied for GAAP reporting purposes. Economic book value does not represent and should not be considered as a substitute for Stockholders' Equity, as determined in accordance with GAAP, and our calculation of this measure may not be comparable to similarly titled measures reported by other companies.
The following table provides a reconciliation of our GAAP book value per common share to our non-GAAP Economic book value per common share as of the quarterly periods below:
Category: Earnings
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SOURCE MFA Financial, Inc. | https://www.wibw.com/prnewswire/2022/08/04/mfa-financial-inc-announces-second-quarter-2022-financial-results/ | 2022-08-04T13:20:50Z |
Dolly Parton now says she’d accept Rock & Roll Hall of Fame spot
(CNN) – Country music legend Dolly Parton now says she’s ready to accept a spot in the Rock & Roll Hall of Fame if she’s inducted.
In a Friday interview with NPR, Parton said she would “gracefully” accept the induction.
The singer was nominated for a Hall of Fame spot earlier this year, but she asked that her name be withdrawn in March.
She said she felt she would be taking it away from a rock artist who deserved it more.
But the Rock & Roll Hall of Fame Foundation declined to take Parton out of the running.
Her name still appeared on the ballot sent to voters, alongside other nominees including A Tribe Called Quest and Dionne Warwick.
Now Parton says if fans vote her in, she will “just say thanks” and accept the spot.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/04/29/dolly-parton-now-says-shed-accept-rock-roll-hall-fame-spot/ | 2022-05-01T05:43:47Z |
FBI announces Federal indictment of fake law enforcement suspects
SARASOTA, Fla. (WWSB) -Four people were arrested for conspiracy to commit numerous armed robberies, home invasions and shootings all while being dressed as police officers.
Reginald Roberts, Nathaniel Keith Carr, Daniel Jackson and Chrishawn De ‘Earl were charged with conspiracy, Hobbs Act Robbery, and brandishing and discharging firearms in the commission of crimes of violence,
If the suspects are convicted on all counts, they will each receive a maximum penalty of life in federal prison.
This case was investigated by the FBI along with other police departments and it will be prosecuted by the Assistant United States Attorney Diego F. Novaes.
According to reports, the FBI requested assistance from the Arcadia Police department in reference to the suspects, as they are said to have been involved with several home invasions in other counties.
Today, the FBI announced the federal indictment of all the individuals.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/05/13/fbi-announces-federal-indictment-fake-law-enforcement-suspects/ | 2022-05-13T22:49:21Z |
2 juveniles shot, killed in Raytown
Published: Aug. 7, 2022 at 2:55 PM CDT|Updated: 56 minutes ago
RAYTOWN, Mo. (KCTV) -- Two juveniles are dead following a double-shooting Sunday afternoon.
The shooting happened in the 8700 block of James A. Reed Road just after noon.
One juvenile was found dead on scene, while a second was rushed to the hospital, where he later died.
A suspect is in custody and the investigation is ongoing.
Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/08/07/2-juveniles-shot-killed-raytown/ | 2022-08-07T20:52:58Z |
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