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GATESVILLE, TX (FOX 44) – As we slowly inch towards fall many are starting to see summer bills catch up to them.
One bill being electricity is where some are starting to see sky-high prices.
Mike Thoreson and his wife, Michelle Wren-Thoreson have a bill that costs almost $1200.
Receiving the envelope yesterday, they’re stressing about what they’re going to do.
“Look at this freaking bill this is ridiculous,” said Mike Thoreson.
The Thoresons have been living in their one bedroom apartment complex for three years.
Normally paying between $75 – $80 for electricity, new meters were installed in late July causing a financial nightmare.
“You know $1194 dollars. That’s insane,” said Thoreson.
After calling TXU Energy for hours Thoreson never received a solution to his problem, but heard several other customers complaining about the same situation.
“I have no idea how to fix this,” said Thoreson. “I asked to talk to a supervisor three times yesterday. I never did get to talk to him.”
FOX 44 reached out to Texas New Mexico Power, the company owning the new meters under TXU Energy.
They released a statement saying its a statewide issue with the increased cost in natural gas, and the meters were replaced due to AT&T decommissioning it’s 3G network earlier this year.
When replacing the meters, TNMP had to estimate energy consumption for the last 2-3 months on various homes.
Dealing with the energy bill, Thoreson and his wife have no idea how they’ll get by living on a fixed income.
“$1300 a month, just really, that’s how we live on,” said Thoreson. “We rent that $700, then we got a car pay, that takes most of our money right there.”
Thoreson says in the coming days they’ll look at utility assistance programs hoping for the best.
“All I could do was cry,” said Michelle Wren-Thoreson.
“Yeah, it’s hard to sit there and try to maintain, not get angry with these people and try to be as Christian as possible when they don’t want to talk to you,” said Mike Thoreson.
For anyone in similar circumstances, the Texas Public Utility Commission is encouraging consumers to compare power plans and rates.
They also recommend calling 211 to ask if any bill assistance programs are in place.
Click here to compare retail electric provider power plans.
Click here on how to conserve energy lowering your bills. | https://cw33.com/news/texas/central-texas-couple-sees-skyhigh-electric-bill/ | 2022-08-17T15:47:10Z |
PITTSBURGH, June 21, 2022 /PRNewswire/ -- "I wanted to create a convenient and sanitary bag for picking up and disposing of pet waste while walking a dog," said an inventor, from Brooklyn, N.Y., "so I invented the DISPOSE A POOP. My design could encourage individuals to clean up after their pets."
The invention provides an improved way to pick up and dispose of pet dog waste. In doing so, it offers an alternative to traditional plastic waste bags. As a result, it enhances sanitation and it ensures that the waste is totally contained within the plastic bag. The invention features a simple design that is easy to use so it is ideal for pet dog owners. Additionally, it is producible in design variations.
The original design was submitted to the Manhattan sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-MTN-1324, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com
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SOURCE InventHelp | https://www.wibw.com/prnewswire/2022/06/21/inventhelp-inventor-develops-new-pet-waste-disposal-bags-mtn-1324/ | 2022-06-21T18:14:04Z |
(The Hill) – Sen. Joe Manchin’s decision to move ahead with a reconciliation deal — that doesn’t involve climate change — risks consigning the entire world to a warmer future, scientists, Democrats and advocates said Friday in reacting to the news.
Democratic senators for about a year have been negotiating with Manchin to try to get him on board with investments that would dramatically reduce U.S. contribution to climate change.
But on Friday, Manchin said he’s not interested in immediately moving forward with a deal that includes those investments.
Manchin told West Virginia radio host Hoppy Kercheval that the latest inflation data means it’s “not prudent” to make the investments in climate change — or raise taxes on the wealthy.
Manchin, relaying a discussion he’d had telling Majority Leader Charles Schumer (D-N.Y.) of his decision, suggested he might be able to agree to a deal at a later date.
“I said, ‘Chuck, can we just wait until the inflation figures come out in July?’” he said. “I want climate. I want an energy policy.”
But those comments rang hollow with climate activists, who noted he has made similar remarks in the past.
“Joe Manchin is waving the fate of human survival over our heads like a bone to hungry dogs and it’s really quite frightening,” John Paul Mejia, a national spokesperson for Sunrise Movement, told The Hill.
Evergreen Action Executive Director Jamal Raad said in a statement that Manchin should not be considered a good-faith negotiator.
“Senator Manchin has lost all credibility and can no longer be trusted to prioritize the well-being of Americans and the planet over his own profiteering and political grandstanding,” Raad said.
Democrats, activists and scientists reacting to the news worried the inability of Congress to take meaningful reaction would consign the U.S. to more heatwaves, floods, droughts and intense storms.
With Republicans seemingly poised to win back the House majority this fall, Manchin’s decision felt like a death blow to the hopes of taking action on climate with Democrats in the White House and in charge of both chambers of Congress.
“Every ton matters,” said Dan Lashof, the U.S. director of the World Resources Institute, referring to tons of carbon emissions.
“Whether or not this bill gets done has a material impact on total emissions from the U.S. and that affects the magnitude of climate change that we will face,” he said.
Those who have studied the climate-saving potential of the Democrats’ climate bill agree that not passing it would likely lead to more emissions and a warmer planet.
Princeton professor Jesse Jenkins, who has modeled the potential emissions cuts of the legislation under consideration, told The Hill that based on what had been reported thus far, a climate deal would have probably cut emissions between 800 million and 1 billion metric tons in 2030. That’s the equivalent of taking between 172 million and 215 million cars off the roads for a year.
“We’re losing two thirds to three-quarters of the progress we were hoping to make by 2030,” he said.
Robbie Orvis, senior director of energy policy design at the think tank Energy Innovation: Policy and Technology, also said the emerging bill could have cut emissions as much as by 1 billion tons.
“The probability of being able to hit the 2030 target is much lower now, so I think that implies that there will be more emissions, certainly, and that translates to higher warming,” Orivs said, referring to President Biden’s goal of cutting emissions in half by the end of the decade.
“Every amount that we continue to increase the global temperature brings more extreme storm events,” he said, adding that without action “we’re going to continue to worsen the impacts of climate change, and it’s going to contribute to worsening extreme weather events and … ultimately human suffering and death.”
Biden pledged “strong executive action” on climate change in reaction to Manchin’s move.
But observers say it will be very difficult to reach the same goals without legislative action.
“Sure there’s probably a way to get there if you assume a whole bunch of things go right and are defensible in court, but it certainly makes it much, much harder,” Orvis said.
Some on Friday argued that the rest of the world may be less inclined to take bold action without the U.S.
“The U.S. is THE largest historical all-time emitter, and for that reason occupies a special role. We can’t expect other countries to act meaningfully if we fail to,” said climatologist Michael Mann in an email to The Hill.
Jenkins added that not passing the bill is also expected to stifle technological innovation, hampering the global transition to clean energy.
David Victor, a professor at the University of California, San Diego, took a slightly different view, arguing that a major climate deal has been unlikely since the get-go and that at least now the public can move ahead with some clarity.
“I think what you’re going to see is a lot more action in the states [and] a lot more action … sector-by-sector,” Victor said.
Most activists reacted in fury to the latest setback, castigating the West Virginia Democrat as potentially signing a death warrant for meaningful climate action against the backdrop of a generationally conservative court, the likely loss of a Democratic majority in Congress and the possible loss of the White House in 2025.
Raad said the inflation report was just a convenient excuse for Manchin to back out of talks.
“Joe Manchin has pretended to be supportive of certain investments for over a year now, and it turns out that that was bulls–-,” he told The Hill. “That will now be his lasting legacy — a person that tried to put his own profits and sense of his political standing over the planet.” | https://cw33.com/news/nexstar-media-wire/manchins-decision-provokes-fury-over-potential-for-warmer-world/ | 2022-07-16T20:00:02Z |
Entire third grade class shocked with full-ride college scholarships during assembly
PHOENIX (KPNX) – Parents at an elementary school in Arizona were in for the surprise of their lives when what was thought to be a standard assembly turned into so much more.
During the assembly Monday, school district officials announced that every third grader at Bernard Black Elementary will be receiving a full-ride scholarship to the college of their choice in the future.
Those full rides, provided to 63 students, include tuition, books, and room and board – all completely paid for by the Rosztoczy Foundation and their College Promise program.
“The goal, through the generous officer of this family, is that finances will not be the barrier, that college is an option for every third grader right here at Bernard Black,” Roosevelt School District Superintendent Quintin Boyce said.
Parents in the audience couldn’t contain their cheers and tears of joy at the generous surprise.
“I just couldn’t hold it back because it just means for sure my son is going to college. I don’t have to think about it. He’s going,” Brandon Gailliard said of his son Noah.
Even siblings were in shock.
“My little sister, a 9-year-old, already has four years of college paid off. That’s just shocking,” Aaliyah Warner’s older brother said.
While the third graders still have quite some time before graduating high school, the future is already bright and promising.
This isn’t the first time the Rosztoczy Foundation guaranteed a college future for students in the Phoenix area. In 2012, about 80 third graders at Michael Anderson School in Avondale were gifted the same promise.
Copyright 2022 KPNX via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/04/27/entire-third-grade-class-shocked-with-full-ride-college-scholarships-during-assembly/ | 2022-04-27T16:15:39Z |
NEW YORK — Some small businesses are still struggling to hire qualified workers, even as Americans return to the U.S. job market in droves.
Hiring and retaining employees remains the top challenge for small businesses, according to a survey of 1,100 businesses by Goldman Sachs 10,000 Small Business Voices out last week. Ninety percent of businesses that are hiring are finding it difficult to recruit qualified candidates for open positions.
In general, the U.S. job market is sizzling. An unexpectedly strong recovery from the brief but devastating coronavirus recession left companies scrambling to recall workers they had laid off in the spring of 2020 and to find new ones. Over the past year, U.S. employers have added an average of more than 540,000 jobs a month. The Labor Department is expected to report Friday that employers hired another 396,000 last month, according to FactSet.
But small business owners believe the job market is a tale of two recoveries. Eighty-eight percent of respondents in the Goldman Sachs survey say small businesses are struggling relative to larger companies in their local communities. Forty-two percent say they have lost employees to larger businesses that are paying more.
“Small businesses are struggling to compete with larger employers on pay and benefits and cite a lack of qualified workers,” said Joe Wall, National Director of Goldman Sachs 10,000 Small Businesses Voices.
Data from payroll processing firm ADP show a widening gap in hiring between businesses with 500 or more employees and businesses with less than 50 staffers. Those smaller businesses have lost jobs in three of the past four months.
In March, employers advertised a record 11.5 million job openings. The United States now has two job openings for every unemployed person. But a large number of smaller businesses say they’re having trouble getting candidates to even apply for openings, particularly in the hard-hit leisure and hospitality industry. Owners are taking on more work themselves and improvising other ways to get by.
“I’m worried about burnout. … It’s frustrating, very frustrating,” said Shirley Hughes, owner of Sweet Cheats bakery in Atlanta.
Sweet Cheats had nine staffers at the pre-pandemic peak. Now Hughes has two plus herself. She’s curtailed business hours — closing time has gone from 8:30 p.m. to 6 p.m. and now 4 p.m. — giving her and her two bakers more time in the kitchen. Still, Hughes says she now works 80 to 90 hours a week.
Inflation is another challenge. Higher expenses not only hurt businesses’ bottom lines, but also affect how well they can retain and attract workers. Before the pandemic, Hughes would get hundreds of applicants for openings. Now, she says she’s lucky to get one or two, and they tend to want $18 or $20 an hour, when she offers $14 or $15 for experienced bakers.
Hughes has had to add benefits for her two long-time staffers to hang onto them.
Teresa Depola is also taking on more work herself because of a lack of available help. She opened Betty Boops Diner in Albany, New York, 10 years ago, with her husband and son, and kept running it after she and her husband divorced.
While she ideally would have three staffers to run the place, lately she’s been a one-person workforce: cooking, waitressing, and even running deliveries.
“It’s small enough so I can do it myself, it’s not bad,” she said. Still, she would like to add some staff so she could serve dinner again. She’s been serving breakfast and lunch only and closing at 3 p.m. since the pandemic started. And she doesn’t see the job picture improving anytime soon.
“I don’t think it’s going to change for a while,” she said. “I’m going to keep it the way it is right now, people are not willing to work just yet. I’m still having a lot of trouble finding staff.”
While most major U.S. industries have regained the jobs lost to the pandemic, employment in leisure and hospitality is down by 1.5 million, or 8.7%, since February 2020, according to the Bureau of Labor Statistics.
Many in the industry faced burnout after being on the front lines during two years of the COVID-19 pandemic, said Rob Wilson, president of human resources provider Employco. Some who stayed in the industry switched to larger restaurants where wages might be higher. Others left and looked into new opportunities.
“There’s nobody to hire, there’s nobody out there looking for jobs,” said Anesh Bodasing, who opened Tiffin Box, a fast-casual Indian restaurant in West Palm Beach, Florida, in 2019 with 20 staffers.
Last year in April 2021, Bodasing temporarily opened a second location in a food hall. But then the staffing shortage began to hit home.
“Your standard of employee went down and pay you’re paying people went up. From an employers’ standpoint, that’s the wrong equation,” he said.
Bodasing shuttered the food hall stall and is down to three staffers at the West Palm Beach location. He is considering changing the business to use less staffers.
“Let’s assume the employment shortage is not going to change,” Bodasing said. “You can sit around and struggle or pivot and change the business in a way that will get us ahead even during the shortage.”
One option is to replace the cashier position with an automated kiosk, which lets customers order and pay. Another possibility: introducing meal plans, where customers order a minimum of five meals in advance that they can eat or freeze.
“You just have to think outside the box; literally nothing is off the table,” he said.
Matt Ensero, founder of Wing it On! chicken restaurants, faced the challenge of keeping a full staff of 35 employees at the company’s two corporate restaurants in Waterbury, Connecticut, and Raleigh, North Carolina. (The chain also has nine franchise locations with more in development.)
“We thought, this is pervasive across our industry, we have to change our strategy,” he said. Ensero realized he was competing with other restaurants just to get applicants in the door — people would schedule an interview and then not show up 90% of the time. So, the chain started offering people a free lunch or dinner if they showed up. The ratio “flip-flopped” he said, and most applicants came for the interview.
Meanwhile, at the Raleigh location, which is near North Carolina State University, the company started offering scholarships to workers: $1,000 if they worked for a full year, or $500 if they worked one semester. The program was a success, and the company plans to increase the amount for full-year workers to $2,000 next year.
“It’s not something that’s a foregone conclusion anymore that you can put up an ad and people will walk through the door, and you hire them,” Ensero said. | https://www.tdtnews.com/news/article_1ea029f4-ccb3-11ec-839a-4b50462e541e.html | 2022-05-06T03:35:08Z |
COLUMBIA, Md., July 27, 2022 /PRNewswire/ -- Blend360 announced today that they have been included in Forrester's report, The AI Service Providers Landscape, Q3 2022.
The report, written by Principal Analysts Michele Goetz, Brandon Purcell, and Boris Evelson, provides an overview of 39 AI service providers to help technology and data leaders understand the value AI service providers can contribute and how they vary by size and market focus. These 39 service providers were chosen by Forrester from a list of notable vendors with more than $50M in AI-related services revenue. Forrester defines AI Service providers as "organizations that engage with technology and data leaders to apply AI to strategic and operational business transformation initiatives across the enterprise or within areas of the business to drive competitive advantage."
Co-Founder and CEO Patrick Hennessy said, "We are thrilled to be part of Forrester's report on the landscape of AI services providers, as we know making this list is no small feat. At the heart of Blend360 is an elite group of data scientists that strive to use data, tech, and analytics to optimize business results. We believe this recognition validates we are on the right path, and we will continue to help our customers use AI to better build their business."
Blend360 is an award-winning provider of data and analytics solutions for Fortune 500 companies. The company has made the Inc. 5000 list of Fasting Growing Companies every year they have been in business and has been awarded a world-class ranking in client satisfaction for the past three years. They have over 500 employees with offices domestically in NY, MD, CO, and CA and internationally throughout the EMEA region.
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SOURCE Blend360 | https://www.wibw.com/prnewswire/2022/07/27/blend360-included-ai-service-providers-report-by-independent-research-firm/ | 2022-07-27T18:35:52Z |
Expanded Products Just In Time For Summer Travel, Perfect For Families On-The-Go
FT. LAUDERDALE, Fla., April 19, 2022 /PRNewswire/ -- Leading pet family lifestyle brand Paw.com has expanded its line of travel products, in time for what is sure to be a record-breaking busy travel season this year. Known for signature orthopedic memory foam PupRug™ pet beds and waterproof and washable PupProtector™ blankets, the brand has introduced a pet-travel first, the PupProtector™ Memory Foam Car Dog Bed in four sizes, to fit any breed of dog and any vehicle.
Available in Single Seat, Double Seat, Full Back Seat, and Cargo, the PupProtector™ Memory Foam Car Dog Bed is equipped with a durable and machine washable cover, pressure-relieving human-grade memory foam base, waterproof memory foam liner, and adjustable straps and non-slip bottom that help the bed stay put while the car is moving. The innovative bed is also designed with supportive bolsters for extra spine and neck support to keep dogs safe and at ease on car rides and road trips.
"Travel with pets is at an all-time high, and we are committed to extending the comfort and design of Paw.com products from the home to the car and on-the-go," said David Gimes, Founder and CEO of Paw.com. "As we head into the warmer months, we're proud to deliver a way for our four-legged friends to travel and get around town in the safest and comfiest way possible, protecting both the pet and the pet parent's car seats."
Paw.com believes pets are family, and has created a holistic vision for pet comfort and lifestyle design. As one of the country's fastest growing pet product companies, the team at Paw.com wants to ensure that pets are happy and healthy in all aspects of life, and this includes feeling secure and comfortable in the family car. Paw.com's other on-the-go and car products include the PupRug™ Portable Orthopedic Dog Bed, Front Seat Cover, Back Seat Cover, Cargo Cover Liner, and Car Door Guards.
About Paw.com
Paw.com is the award-winning designer and manufacturer of innovative, premium quality pet family lifestyle products. The company has shipped more than 870,000 products to happy pet parents and their furry families, throughout the U.S. and Canada. Paw.com combines stylish and luxurious design while promoting pets' comfort and longevity. Patent-pending designs include the acclaimed PupRug™, the faux fur orthopedic memory foam pet bed that doubles as an attractive area rug, and the waterproof, scratch proof and machine washable PupProtector™ blankets. The wide range of Paw.com offerings, which are made from human-grade materials, include products to keep pets comfy, in practically every room of the house, as well as outdoor, on-the-go travel, pet odor elimination, and more. Paw.com is passionate about supporting all aspects of the pet family lifestyle so pets and pet parents enjoy a happy and healthy life together. The company's products are currently sold at Paw.com, Amazon.com, Macys.com, Chewy.com, Petco.com, Wayfair, and Walmart.com marketplace, with other online and brick and mortar retailers coming soon. For more information, visit www.paw.com. For updates, follow us on Instagram, Twitter and Facebook. For retail/reseller information visit www.pawbrands.com.
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SOURCE Paw.com | https://www.wibw.com/prnewswire/2022/04/19/hit-road-with-pawcoms-line-innovative-memory-foam-dog-beds-car/ | 2022-04-19T16:51:43Z |
CAMARILLO, Calif. (AP) — The average U.S. price of regular-grade gasoline plummeted 45 cents over the past three weeks to $4.10 per gallon.
Industry analyst Trilby Lundberg of the Lundberg Survey said Sunday that the continued decline comes as crude oil costs also remain low.
“The drop of a dollar per gallon has not been enough to restore motorist demand, which is in retreat due to sustained high price levels,” Lundberg said in a statement.
The average price at the pump is down a dollar over the past nine weeks, but it’s 85 cents higher than it was one year ago.
Nationwide, the highest average price for regular-grade gas was in the San Francisco Bay Area, at $5.36 per gallon. The lowest average was in Baton Rouge, Louisiana, at $3.38 per gallon.
According to the survey, the average price of diesel plunged 37 cents over three weeks to $5.17 a gallon.
___
This story has been corrected to show that the last survey was three weeks ago, not two. | https://cw33.com/news/u-s-news/ap-us-headlines/average-us-gasoline-price-falls-45-cents-to-4-10-per-gallon/ | 2022-08-15T17:18:04Z |
NEW YORK, June 9, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for DIDI, RIGL, NLY, FCEL, and ATHX.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- DIDI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=DIDI&prnumber=060920226
- RIGL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RIGL&prnumber=060920226
- NLY: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NLY&prnumber=060920226
- FCEL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=FCEL&prnumber=060920226
- ATHX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ATHX&prnumber=060920226
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.kxii.com/prnewswire/2022/06/09/thinking-about-buying-stock-didi-global-rigel-pharmaceuticals-annaly-capital-management-fuelcell-energy-or-athersys/ | 2022-06-09T15:37:05Z |
SRM is working with Seattle Children's to provide ovarian tissue freezing for patients undergoing treatment for cancer and other conditions that can cause infertility
SEATTLE, June 13, 2022 /PRNewswire/ -- Seattle Reproductive Medicine (SRM) today announced the expansion of its Fertility Preservation Program to include ovarian tissue cryopreservation (OTC), an emerging fertility preservation option for girls and young women undergoing medical treatment that can cause infertility. SRM is the first facility in the Pacific Northwest to provide ovarian tissue processing and freezing in addition to other methods of fertility preservation such as egg and embryo freezing.
SRM now provides OTC services to Seattle Children's patients who are undergoing medical treatment that can cause ovarian failure, including cancer treatments such as chemotherapy, bone marrow transplant and radiation as well as treatments for other conditions such as sickle cell disease.
OTC is the only method of fertility preservation available to girls who have not yet gone through puberty and are too young for the hormonal stimulation needed for egg or embryo freezing. OTC is also an option for women whose need for treatment is too urgent to allow sufficient time for the standard fertility preservation methods of egg and embryo freezing.
"For these patients, ovarian tissue cryopreservation is a vitally important option for preserving their fertility," said Dr. Lynn Davis, who leads SRM's Fertility Preservation Program. "SRM is proud to partner with Seattle Children's, which is one of the only institutions in our region that currently offers this choice to girls and young women who have no other fertility preservation option."
Ovarian tissue cryopreservation was considered experimental until 2019, when the American Society for Reproductive Medicine determined that OTC can be regarded as established medical procedure. To date, more than 200 babies have been born worldwide to women who have had their ovarian tissue removed, cryopreserved, and later transplanted back into their body.
"Seattle Children's began offering OTC for fertility preservation in 2020 as part of its comprehensive cancer services," said Dr. Tyler Ketterl, medical director of Seattle Children's Adolescent and Young Adult Cancer Program and medical director of its Comprehensive Fertility Care and Preservation Program. "Ovarian tissue cryopreservation is critically important to us because it is the only fertility preservation option for prepubescent girls undergoing curative cancer therapies such as bone marrow transplant that can cause infertility."
With OTC, a surgeon removes one of a patient's two ovaries by laparoscopy and the tissue is transported to a facility where it is cryopreserved in liquid nitrogen so it can be used later in life. Once the tissue is transplanted back into the patient's body, it may restart the patient's menstrual cycle and estrogen production and may enable the patient to get pregnant, either naturally or through in vitro fertilization (IVF).
"It is important to remember there is no type of fertility treatment that can achieve a positive outcome 100 percent of the time, and that too is the case with ovarian tissue cryopreservation," said Dr. Davis. "But OTC does offer the possibility of fertility to a very specific group of pediatric patients who would otherwise probably not have that possibility later in life because of the need for treatments that are expected to result in ovarian failure."
Since 2020, Seattle Children's has performed OTC procedures for patients ranging in age from one year old to 22 years old. Previously, ovarian tissue needed to be sent to the East Coast for processing and freezing because there was no facility in the region. This was often complicated and costly because of the distance and time difference. In the past two months, SRM was able to locally perform the processing and freezing of ovarian tissue for three patients at Seattle Children's.
"Working with SRM will be beneficial," said Dr. Ketterl, "because it is much more convenient and cost-effective to send ovarian tissue to a trusted facility here in Seattle for processing and freezing rather than a facility across the country."
Faster delivery also allows for greater flexibility in scheduling OTC procedures, which is especially important for patients who urgently need to have their ovarian tissue removed before starting treatment. When tissue is shipped cross-country, procedures cannot be scheduled on certain days or at times when there is a risk the tissue may not be received at its destination within 48 hours. Same-day delivery from Seattle Children's to SRM reduces scheduling limitations, which improves access to OTC for eligible patients.
"SRM is committed to improving access to fertility preservation options," said Dr. Davis. "We are pleased to be partnering with Seattle Children's to improve access to ovarian tissue cryopreservation for patients who can benefit."
Seattle Reproductive Medicine brings a special blend of medical expertise, pioneering technology, and compassion to fertility care. SRM has 14 board certified or eligible doctors and 13 Reproductive Endocrinologists on staff, plus four male fertility specialists. With six locations throughout Washington State in Seattle, Bellevue, Kirkland, Tacoma, Everett and Spokane, SRM is caring for patients from all areas of the PNW as well as Alaska and Montana. On-site laboratories in Seattle and Spokane enable SRM to provide patients with results quickly and expedite their care plans. Our providers are community leaders in wellness and fertility preservation and are producing leading-edge research to advance fertility success. For more information visit seattlefertility.com.
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SOURCE Seattle Reproductive Medicine | https://www.kxii.com/prnewswire/2022/06/13/seattle-reproductive-medicine-launches-first-ovarian-tissue-cryopreservation-program-pacific-northwest/ | 2022-06-13T14:02:41Z |
HONG KONG, April 19, 2022 /PRNewswire/ -- Since the latest COVID-19 outbreak which started in March in Shanghai, China, Fosun Foundation has been promptly responding to the needs from the city's universities, hospitals, and communities. On April 1, Fosun Foundation initiated the "Community Support Action", and helped pave the last mile of logistics.
As of April 18, over 670,000 pieces of anti-epidemic packs and daily necessities, have been delivered to 315 communities in 14 districts including Putuo, Changning, Minhang, and Baoshan on both sides of the Huangpu River.
"We all live in a community, and we know what is in urgent need. But each community is different, so we are trying our best to match them precisely and running ahead of time," Li Haifeng, executive president of Fosun International and chairman of Fosun Foundation, said, "We are delivering the essentials to those who demand them most."
Recently, the epidemic prevention and control in Shanghai, where Fosun is based, is at a critical moment for epidemic prevention and control. Enterprises and charitable organizations are playing a significant role in tackling production issues and increasing transport capacity amid strong COVID-19 resurgence.
On April 15, more than 51,000 pieces of anti-epidemic goods departed from Fosun emergency materials distribution center in Baoshan District, a suburban area in the north of Shanghai. From checking-list to loading, staff there were as busy as in any of the past 35 days.
In the same afternoon, Hongqiao Community in Changning District close to the city center received 100 protective suits, 200 shoe-covers, 100 face-shields, 2,000 gloves, 100 surgical masks, as well as 300 COVID-19 rapid antigen testing kits. These were the second batch of "community support pack" delivered by Fosun Foundation, which were good enough for 20 volunteers working in this community for a week.
"Our volunteers are under fair protection now. Our residents also feel more safe and relieved," Told Mei Hai, head of resident committee of the Hongqiao community.
Hongqiao community consists of 1,860 units and a total of 3,345 inhabitants. Among them, 34.7% are elders. In the face of the current challenging epidemic situation, over 200 volunteers have been working in the front line, and there is a huge demand for the protective materials due to the shortage. On April 6, a resident contacted Fosun Foundation for help. The first batch of "community support pack" including 300 protective suits, 800 surgical masks and 300 hat-shields arrived the next day to support the community in fighting the epidemic.
In early April, in Weifang Xincun, a community located in Pudong New District, Chen Sisi led a 28-member volunteering team serving a residential building with 390 dwellers. At first the team owned only 10 protective suits, which required cleaning and disinfection, until the new sets donated by Fosun Foundation reached to her. "Fosun's timely delivery passes the courage of persistence to us," Chen described in a thank-you letter.
In another community in Pudong, Chen Xiao has organized a volunteer team and provided assistance to her neighbors. "Due to the shortage of protective materials, the delivery of 100 protective suits by Fosun Foundation to our community arrived just in time. We are very grateful that Fosun Foundation reached out a helping hand and donated anti-epidemic materials to help families in need," Chen said.
Many more communities, large or small across the city with 25 million population, are in the delivery list of Fosun Foundation's "Community Support Action" - 800 items for Wenyuanfang, 900 items for Da'an Garden, 190 items for Huacheng resident committee, etc. The action team has been working 24/7 in multiple distribution centers and on the road, ensuring numerous communities can receive the necessities as soon as possible.
"Many a little makes a mickle. By the streams of our continuous efforts, we are safeguarding our volunteers, safeguarding our residents, and safeguarding our great city," Li added.
About Fosun Foundation
Since its establishment, Fosun has been adhering to its core value of "Self-improvement, Teamwork, Performance and Contribution to Society", shouldering corporate social responsibilities and insisting on serving the society, the people and the nation. Founded in November 2012, Fosun Foundation's core businesses include disaster relief, poverty alleviation, healthcare, education, culture, art, youth entrepreneurship, etc. In 2021, Fosun Foundation was awarded "5A Social Organization".
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SOURCE Fosun | https://www.wibw.com/prnewswire/2022/04/19/paving-last-mile-fosun-foundation-delivers-essentials-hundreds-communities-shanghai/ | 2022-04-19T10:40:09Z |
OAKVILLE, ON, Sept. 7, 2022 /PRNewswire/ - CHS USA Inc., a company of Canadian Hospital Specialties Limited (CHS), completed the acquisition of SandBox Medical LLC (SandBox Medical), effective September 1st, 2022. This acquisition will increase CHS' presence in the NICU (Neonatal Intensive Care Unit) and Pediatric market, while providing innovative products for premature babies and full-term newborns. SandBox Medical and CHS are both known in the healthcare industry for high quality and reliable products.
"The acquisition of SandBox Medical provides CHS with an opportunity to offer customers a broader portfolio of innovative solutions in the NICU and Pediatric areas, as well as expanded channels for distribution. This acquisition also reinforces our commitment to expand our footprint in the very important United States market with SandBox products and other neonatal products." states Mike Canzoneri, President and CEO of CHS.
SandBox Medical has always strived to be a company "Making a Difference" for caregivers and parents by providing top notch customer service, research, product development and products to impact the comfort of newborns they care for. CHS' focus on excellent customer service and innovation provides an ideal fit for the acquisition.
Canadian Hospital Specialties Limited (established 1967) is a privately held medical device manufacturer and specialty distributor located in Oakville, Ontario. Customers served are in the acute hospital and non-acute healthcare space in Canada and Internationally. CHS self-manufactured products (MED-RX®) and third-party represented products span across a wide variety of clinical categories including respiratory, anesthesia, perfusion, interventional radiology, biopsy, drainage, diagnostic imaging, pharmacy, vascular access, infection prevention, neuro and cardiac diagnostics, and general med-surg. The MED-RX line is produced in Oakville, ON, and is predominantly comprised of single use disposable trays, kits, and tubing used in a variety of procedures such as IV starts, feeding, biopsy, and thoracic drainage.
SandBox Medical is based in Pembroke, MA, and is the manufacturer and source for JollyPop® Pacifiers and other products designed for premature babies and full-term newborns. Founded in 2009, SandBox Medical has prided itself on bringing innovations to the market such as the CoverMe® disposable swing cover and Jellies® gel pillow and positioning aid.
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SOURCE Canadian Hospital Specialties Limited | https://www.wibw.com/prnewswire/2022/09/07/chs-usa-inc-acquires-sandbox-medical-llc/ | 2022-09-07T13:39:37Z |
DALLAS (KDAF) — August is Black Business Month and that means it’s time to acknowledge Black-owned businesses across the country by giving them your business to celebrate diversity and equality in the U.S.
NationalToday says, “When we celebrate the contribution of Black business owners and entrepreneurs, it pays homage to them and their legacies, especially since celebrating this month recognizes the importance of Black-owned businesses when it comes to contributing to the nation’s economy as well. Approximately 10% of all American businesses are Black-owned, and if we look at what statistics say about minority-owned businesses, about 30% of these would belong to Black business owners.”
These are some of the best Black-owned in Dallas according to Yelp:
- Brunchaholics – East Dallas
- Da Bomb Brownies
- Kitchen + Kocktails – Downtown
- Pangea Restaurant & Bar
- The Daiquiri Shoppe
- Da Munchies
- The Island Spot
- Whiskers Fish & Burgers
- Lo-Lo’s Chicken & Waffles
- Krab Kingz – Desoto
- Soiree Coffee bar – Trinity Groves
- Whiskeys – Exposition Park
- The Breakfast bar – South Dallas
- Aunt Irene’s Kitchen – South Dallas
- Southern Classic Daiquiri Factory – East Dallas
Along with this list, earlier in the year Visit Dallas shared a “Full-day itinerary highlighting local Black-owned businesses.”
- Grit Fitness
- Pressed Roots
- Brunchaholics
- Good Cycle
- Shoal’s in Deep Ellum | https://cw33.com/news/local/august-is-black-business-month-these-are-some-of-the-top-black-owned-businesses-around-dallas/ | 2022-08-08T22:54:06Z |
Did you lose money on investments in Netflix? If so, please visit Netflix, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, May 17, 2022 /PRNewswire/ -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the common stock or call options, or sold put options of Netflix, Inc. ("Netflix" or the "Company") (NASDAQ: NFLX) between October 19, 2021 and April 19, 2022, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Northern District of California and alleges violations of the Securities Exchange Act of 1934.
Netflix primarily operates an entertainment platform that offers TV series, documentaries, feature films, and mobile games across a variety of genres and languages. It also offers a DVD-by-mail service in the U.S.
Plaintiff alleges that throughout the Class Period, Defendants made misleading statements about Netflix's business. Specifically, Plaintiff alleges that Defendants' statements were materially false and misleading when made because: (1) Netflix was exhibiting slower acquisition growth due to, among other things, account sharing by customers and increased competition from other streaming services; (2) the Company was experiencing difficulties retaining customers; (3) the Company was losing subscribers on a net basis; and (4) as a result, the Company's financial results were being adversely affected.
On January 20, 2022, after the market closed, Netflix reported that it "slightly over-forecasted paid net adds in Q4," adding 8.3 million subscribers compared to the 8.5 million forecast. The Company also stated that, despite "healthy" retention and engagement, it only expected to add 2.5 million net subscribers during first quarter 2022, below the 4.0 million net adds in the prior year period. On this news, the Company's stock price fell over 21% to close at $397.50 per share on January 21, 2022.
Then, on April 19, 2022, after the market closed, Netflix reported that it lost 200,000 subscribers during the first quarter of 2022, compared to prior guidance expecting the Company to add 2.5 million net subscribers. The Company cited the slowing revenue growth to four factors, including account sharing and competition with other streaming services.
On this news, the price of Netflix stock declined over 35% to close at $226.19 per share on April 20, 2022.
If you wish to serve as lead plaintiff, you must move the Court no later than July 5, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you purchased NFLX common stock or call options, or sold put options, and/or would like to discuss your legal rights and options please visit Netflix, Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Peter Allocco
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
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SOURCE Bernstein Liebhard LLP | https://www.mysuncoast.com/prnewswire/2022/05/17/netflix-inc-nasdaq-nflx-shareholder-class-action-alert-bernstein-liebhard-llp-reminds-investors-deadline-file-lead-plaintiff-motion-securities-class-action-lawsuit-against-netflix-inc-nasdaq-nflx/ | 2022-05-17T19:10:20Z |
New California gun control law mimics Texas abortion measure
SACRAMENTO, Calif. (AP) — California punched back Friday against two recent landmark U.S. Supreme Court decisions as Gov. Gavin Newsom announced he will sign a controversial, first-in-the-nation gun control law patterned after a Texas anti-abortion law.
His action comes one month after conservative justices overturned women’s constitutional right to abortions and undermined gun control laws in states including California.
Newsom stitched the two hot-button topics together in approving a law allowing people to sue anyone who distributes illegal assault weapons, parts that can be used to build weapons, guns without serial numbers or .50 caliber rifles. They would be awarded at least $10,000 in civil damages for each weapon, plus attorneys fees.
“While the Supreme Court rolls back reasonable gun safety measures, California continues adding new ways to protect the lives of our kids,” Newsom said in a statement released before he signed the bill. “California will use every tool at its disposal to save lives, especially in the face of an increasingly extreme Supreme Court.”
Lawmakers patterned the bill, at Newsom’s request, after a Texas law allowing citizens to sue anyone who provides or assists in providing an abortion. The U.S. Supreme Court gave preliminary approval to the Texas law, but California’s law will automatically be invalidated if the Texas law is eventually ruled unconstitutional.
“It’s a crappy decision, but the reality is that as long as it is the law let’s make benefit of it by virtue of saving lives, trying to save lives, in California,” the bill’s author, Democratic state Sen. Robert Hertzberg, said in an interview. “It’s all about these two big issues that are facing us. And you can’t have a double standard. You can’t have one standard for guns and another standard for women’s reproductive health. It’s not right.”
Opponents, including an unusual combination of gun owners’ advocates and the American Civil Liberties Union, have criticized creating what they said amounts to a bounty system to encourage such lawsuits. The ACLU called California’s law “an attack on the constitution” for deliberately trying to sidestep judicial review by empowering enforcement by citizens and not governments, and for undermining due process rights.
But the gun control advocacy organizations Moms Demand Action and affiliated Students Demand Action backed the bill’s potential to combat untraceable “ghost guns.”
Newsom planned to sign the bill while visiting a memorial at Santa Monica College to five victims killed in 2013 by a gunman using such a gun — a homemade assault-style rifle without a serial number.
The new law “will make it easier for victims of ghost gun violence, like me, to help enforce our gun laws,” said Mia Tretta, who was shot in Santa Clarita during a 2019 attack at Saugus High School and is now a volunteer with Students Demand Action.
Aside from the merits of the bill, opponents say it is written to discourage any legal challenges to California’s myriad gun regulations by requiring plaintiffs or lawyers to pay attorneys’ fees if they lose the lawsuit.
That portion of the law “is intended to make it impossible to file a Second Amendment challenge to an unconstitutional gun control law. That is itself unconstitutional,” said Chuck Michel, president of the California Rifle and Pistol Association.
Newsom acted a day after he signed eight other gun laws among numerous measures adding to California’s already strict regulations.
They include measures requiring schools to periodically inform parents about the safe storage of firearms and barring anyone from making more than three guns a year or making any guns with a 3D printer without obtaining a state-issued license.
Others bar gun sales on state property, boost inspections of gun dealers, limit dealer fees, and add child and elder abuse to the list of crimes that block gun ownership.
The governor recently signed another bill patterned after a New York law that empowers anyone who suffered harm to sue gun makers or dealers who fail to follow precautions under a “firearm industry standard of conduct.”
Newsom, a Democrat, has become increasingly combative as he seeks reelection to a final four-year term.
“To members of the United States Supreme Court, to right-wing Republicans all across this country: do you have no common decency?” he asked in a video message after he signed two earlier gun bills into law, one also addressing ghost guns and the other barring marketing firearms to minors.
Yet California finds itself among states fighting rear-guard actions against the Supreme Court’s conservative wing.
Voters in November will be asked to guarantee the right to an abortion in the California state constitution, while lawmakers in New York and Vermont advanced similar steps.
California and New York also are scrambling to update their laws regulating the concealed carrying of firearms after the nation’s high court ruled that Americans have a right to carry firearms in public for self-defense.
New York Gov. Kathy Hochul called lawmakers there back into a special session to approve changes that take effect Sept. 1, including requiring gun owners to allow an examination of their social media accounts. California legislators expect to act in August on concealed carry restrictions.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/22/new-california-gun-control-law-mimics-texas-abortion-measure/ | 2022-07-22T16:10:24Z |
TRUCKEE, Calif. (AP) — Chez Reavie doubled his lead to six points Saturday in the Barracuda Championship, the PGA Tour’s lone modified Stableford scoring event.
A day after a 19-point round, the 40-year-old Reavie scored nine points — making five birdies and a bogey — to reach 37 points on Tahoe Mountain Club’s Old Greenwood layout.
“I hit the ball really well today for most of the day,” Reavie said. “Didn’t really make many putts, had a lot of good looks and fortunately made a few in the middle. Hit some bad shots coming in and was able to save some pars. Wasn’t quite all together today, but did everything well at different times.”
Players get five points for eagle and two for birdie. A point is deducted for bogey and three taken away for double bogey or worse.
Martin Laird of Scotland was second. He birdied the last three holes in a 13-point round.
“Love this tournament,” Laird said. “Always like playing at altitude, love being in the mountains. I live in Denver, so it’s not strange for me with how far the ball goes. I kind of know my numbers at this altitude, which is nice.”
Alex Noren and Cam Davis were nine points back at 28 after 12-point days. Brice Garnett amd Henrik Norlander had 27 points.
Reavie is trying to win for the third time on the PGA Tour, following the 2008 Canadian Open and 2019 Travelers Championship.
He pointed to his solid ball-striking in the first three rounds.
“I’ve given myself a lot of looks every day,” Reavie said. “When I shot 9 under I made a lot of putts. Today, I didn’t quite make as many. The first day I didn’t quite make as many. The first day I made an eagle which kind of saved me, and then I had that chip-in when I shot 9 under, which saved me.”
The Arizona player birdied the par-5 sixth and par-3 seventh on the front nine. He added birdies on the par-4 11th, par-5 12th and par-4 14th, before dropping a point on the par-3 15th with his lone bogey in three rounds.
“Just looking to hit it in the fairways, knock it on the greens and give myself some looks,” Reavie said.
The event is co-sanctioned by the European tour. | https://cw33.com/sports/ap-sports/chez-reavie-doubles-lead-to-6-points-in-barracuda/ | 2022-07-17T03:22:44Z |
Record Results of Operation Estimated for Fiscal Fourth Quarter
Annual Audited Results Expected Within SEC Permitted Extension Period
RENTON, Wash., Sept. 13, 2022 /PRNewswire/ -- Radiant Logistics, Inc. (NYSE American: RLGT), a third-party logistics and multimodal transportation services company, today announced select preliminary unaudited financial results for the fourth quarter ended June 30, 2022, and that it will be filing a Form 12b-25 with the U.S. Securities and Exchange Commission, providing the Company with a permissible 15-day extension for filing its Annual Report on Form 10-K for the year ended June 30, 2022 (the "Form 10-K"). The Company currently expects that it will timely file its Form 10-K on or before the expiration of the extension period and will hold its quarterly earnings call concurrent with that filing.
The financial results presented below for the quarterly period ended June 30, 2022, reflect the Company's preliminary, unaudited results of operations as of the date of this press release. These preliminary unaudited results may be subject to change upon the completion of the reporting process and audit of the Company's full-year financial statements, and actual results may vary from these preliminary results. The preliminary unaudited results for the Company's fiscal fourth quarter ended June 30, 2022 are as follows:
Financial Highlights – Three Months Ended June 30, 2022 (Preliminary and Unaudited)
- Revenues increased to $398.6 million for the fourth fiscal quarter ended June 30, 2022, up $140.7 million or 54.6%, compared to revenues of $257.9 million for the comparable prior year period.
- Net revenues, a non-GAAP financial measure, increased to $88.5 million for the fourth fiscal quarter ended June 30, 2022, up $25.7 million or 40.9%, compared to net revenues of $62.8 million for the comparable prior year period.
- Net income attributable to Radiant Logistics, Inc. increased to $18.3 million for the fourth fiscal quarter ended June 30, 2022, or $0.37 per basic and $0.36 per fully diluted share, up $7.2 million or 64.9% compared to $11.1 million, or $0.22 per basic and $0.21 per fully diluted share for the comparable prior year period.
- Adjusted net income, a non-GAAP financial measure, increased to $20.2 million, or $0.41 per basic and $0.40 per fully diluted share for the fourth fiscal quarter ended June 30, 2022, up $10.1 million or 100.0%, compared to adjusted net income of $10.1 million, or $0.20 per basic and fully diluted share for the comparable prior year period. Adjusted net income is calculated by applying a normalized tax rate of 24.5% and excluding other items not considered part of regular operating activities.
- Adjusted EBITDA, a non-GAAP financial measure, increased to $27.7 million for the fourth fiscal quarter ended June 30, 2022, up $13.6 million or 96.5%, compared to adjusted EBITDA of $14.1 million for the comparable prior year period.
- Adjusted EBITDA margin (Adjusted EBITDA expressed as a percentage of net revenues), a non-GAAP financial measure, increased to 31.2% for the fourth fiscal quarter ended June 30, 2022, up 870 basis points, compared to Adjusted EBITDA margin of 22.5% for the comparable prior year period.
Recent Developments: Renewed Equity Shelf Registration Statement and Senior Credit Facility
On May 9, 2022, we announced that the Securities and Exchange Commission (SEC) had declared effective our $150 million universal shelf registration statement on Form S-3. The registration statement replaced our previous $100 million universal shelf registration that recently expired and provides us with the continued financial flexibility to access capital to support and accelerate our growth strategy should the opportunity present itself. Our willingness and ability to raise capital under the Form S-3 will depend upon a number of circumstances, including our need for additional capital to fund operations, organic growth or acquisitions, our financial and operating performance and the receptiveness of the capital markets to potential offerings by us.
On August 8, 2022, we also announced that we had secured a new $200 million syndicated secured revolving credit facility (the "Secured Facility") to replace our existing $150 million revolving facility. Under the terms of the new Secured Facility, we may borrow up to $200 million, subject to compliance with customary and standard financial coverage covenants and ratios. Included within the Secured facility is an accordion feature for an additional $75 million to support future acquisition opportunities. Borrowings under the Secured Facility accrue interest at either the Lenders' base rate plus 0.50% or SOFR plus 1.40%, and can be subsequently adjusted based on the Company's consolidated net leverage ratio, at either the Lenders' base rate plus 0.50% to 1.50% or SOFR plus 1.40% to 2.40, The Secured Facility enhances our financial flexibility, providing increased capacity to fund future acquisitions, capital expenditures or for other corporate purposes, including, if warranted at the time, the repurchase of the Company's common stock.
CEO Bohn Crain comments on preliminary results, and the delayed filing of the Company's 10-K
"We are very pleased to have finished out the year on a strong note reporting $27.7 million in Adjusted EBITDA on $398.6 million in revenues on a preliminary basis for our fourth quarter ended June 30, 2022," said Bohn Crain, Founder and CEO of Radiant Logistics. "These record results are a direct reflection of the dedication and hard work of our employees and operating partners, the diversity of our service offerings, and durability of our scalable non-asset based business model in what has been a challenging market environment. Driven first by the pandemic and associated lockdowns of 2020, we were all reminded of the essential role of transportation and logistics in keeping our economy moving. For us, this translated into the opportunity for us to play an active role in the fight against COVID-19: delivering personal protective equipment ("PPE"), food and beverage, consumer goods, technology and other essential products for our customers across North America and around the world. As the economy worked to recover from those initial lock-downs, we were presented with a different set of challenges (and opportunities) as we were able to help our broader customer base bring their supply-chains back online in the face of an extreme shortage of transportation capacity, soring fuel prices and port congestion. Through it all, our business has remained quite strong across our various service offerings and our efforts to bundle value-added services with our core transportation service offerings continue to deliver great results in both the U.S. and Canada.
Over the past several months we also took the opportunity to refresh and expand both our equity shelf registration statement and senior credit facility. We replaced our previous $100 million universal shelf registration that had recently expired with a new $150 million facility and replaced our $150 million senior credit facility with a new $200 million facility. These facilities provide us with continued financial flexibility to access capital to support and accelerate our growth strategy, as well as the ability to repurchase the Company's common stock, should we choose.
While we remain very optimistic about our prospects and opportunities for fiscal 2023 and beyond, the continued uncertainty associated with the lingering pandemic and the current global geopolitical turmoil makes it difficult to project what the "new normal" will look like in fiscal 2023 for our customers and in turn our own business. We are now starting to experience the ripple effect of these global dynamics in the form of inflation, broad-based labor shortages and signs of a slowing economy that is eroding the pricing power of the asset-based carriers. If these market trends continue as they are now, we would expect operations to return to more normalized levels and growth rates. Whatever comes next, we are ready with a durable, diverse service offering and strong balance sheet to support our customers."
Crain continued: "As a Board and a leadership team we take our public reporting responsibilities seriously and are very disappointed with the delay in the filing of our 10-K. We are working hard to wrap up this effort, and expect to complete our filing within the time provided with the 12b-25 extension and will hold our quarterly earnings call concurrent with the ultimate filing of our 10-K."
About Radiant Logistics (NYSE American: RLGT)
Radiant Logistics, Inc. (www.radiantdelivers.com) is a third-party logistics and multimodal transportation services company delivering advanced supply chain solutions through a network of company-owned and strategic operating partner locations across North America. Through its comprehensive service offering, Radiant provides domestic and international freight forwarding services, truck and rail brokerage services and other value-added supply chain management services, including customs brokerage, order fulfillment, inventory management and warehousing to a diversified account base including manufacturers, distributors and retailers using a network of independent carriers and international agents positioned strategically around the world.
This announcement contains "forward-looking statements" within the meaning set forth in United States securities laws and regulations – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business, financial performance and financial condition, and often contain words such as "anticipate," "believe," "estimates," "expect," "future," "intend," "may," "plan," "see," "seek," "strategy," or "will" or the negative thereof or any variation thereon or similar terminology or expressions. These forward-looking statements are not guarantees and are subject to known and unknown risks, uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements. We have developed our forward-looking statements based on management's beliefs and assumptions, which in turn rely upon information available to them at the time such statements were made. Such forward-looking statements reflect our current perspectives on our business, future performance, existing trends and information as of the date of this announcement. These include, but are not limited to, our beliefs about future revenue and expense levels, growth rates, prospects related to our strategic initiatives and business strategies, along with express or implied assumptions about, among other things: our continued relationships with our strategic operating partners; the performance of our historic business, as well as the businesses we have recently acquired, at levels consistent with recent trends and reflective of the synergies we believe will be available to us as a result of such acquisitions; our ability to successfully integrate our recently acquired businesses; our ability to locate suitable acquisition opportunities and secure the financing necessary to complete such acquisitions; transportation costs remaining in-line with recent levels and expected trends; our ability to mitigate, to the best extent possible, our dependence on current management and certain of our larger strategic operating partners; our compliance with financial and other covenants under our indebtedness; the absence of any adverse laws or governmental regulations affecting the transportation industry in general, and our operations in particular; the impact of COVID-19 on our operations and financial results; the timing for completion of the audit related to our Form 10-K and the filing date of our Form 10-K; the absence of any audit adjustments that may materially affect the preliminary unaudited financial results contained within this press release, and such other factors that may be identified from time to time in our Securities and Exchange Commission ("SEC") filings and other public announcements, including those set forth under the caption "Risk Factors" in our Form 10-K for the year ended for the year ended June 30, 2022. In addition, the global economic climate and additional or unforeseen effects from the COVID-19 pandemic and current conflict in Ukraine amplify many of these risks. Further, all statements regarding the Company's renewed equity shelf registration statement presume that our filings with the SEC remain timely, including within permitted extension periods. Should we be unable to timely file the Annual Report on Form 10-K within the permitted extension period, we would be unable to access our shelf registration statement until we are current in our SEC reports for at least one year. All subsequent written and oral forward-looking statements attributable to us, or persons acting on our behalf, are expressly qualified in their entirety by the foregoing. Readers are cautioned not to place undue reliance on our forward-looking statements, as they speak only as of the date made. We disclaim any obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise.
Reconciliation of Non-GAAP Measures
RADIANT LOGISTICS, INC.
Reconciliation of Total Revenues to Net Revenue Margin, Net Income Attributable to Common Stockholders
to Adjusted Net Income Attributable to Common Stock, EBITDA, Adjusted EBITDA, and Adjusted EBITDA Margin
(unaudited)
As used in this report, Net Revenue Margin, Adjusted Net Income Attributable to Common Stockholders, EBITDA, Adjusted EBITDA, and Adjusted EBITDA Margin are not measures of financial performance or liquidity under United States Generally Accepted Accounting Principles ("GAAP"). Net Revenue Margin, Adjusted Net Income Attributable to Common Stockholders, EBITDA, Adjusted EBITDA, and Adjusted EBITDA Margin are presented herein because they are important metrics used by management to evaluate and understand the performance of the ongoing operations of Radiant's business. For Adjusted Net Income Attributable to Common Stockholders, management uses a 24.5% tax rate to calculate the provision for income taxes before preferred dividend requirement to normalize Radiant's tax rate to that of its competitors and to compare Radiant's reporting periods with different effective tax rates. In addition, in arriving at Adjusted Net Income Attributable to Common Stockholders, the Company adjusts for certain non-cash charges and significant items that are not part of regular operating activities. These adjustments include income taxes, depreciation and amortization, change in fair value of contingent consideration, transition costs, lease termination costs, acquisition related costs, litigation costs, amortization of debt issuance costs, and issuance costs for preferred stock redemption.
We commonly refer to the term "net revenue margin" when commenting about our Company and the results of operations. Net revenue margin is a Non-GAAP measure calculated as revenues less directly related operations and expenses attributed to the Company's services. We believe net revenue margin are a better measurement than are total revenues when analyzing and discussing the effectiveness of our business and is used as a portion of a key metric the Company uses to discuss its progress.
EBITDA is a non-GAAP measure of income and does not include the effects of preferred stock dividends, redemption of preferred stock, interest and taxes, and excludes the "non-cash" effects of depreciation and amortization on long-term assets. Companies have some discretion as to which elements of depreciation and amortization are excluded in the EBITDA calculation. We exclude all depreciation charges related to technology and equipment, and all amortization charges (including amortization of leasehold improvements). We then further adjust EBITDA to exclude changes in fair value of contingent consideration, expenses specifically attributable to acquisitions, transition and lease termination costs, foreign currency transaction gains and losses, extraordinary items, share-based compensation expense, litigation expenses unrelated to our core operations, MM&D start-up costs and other non-cash charges. While management considers EBITDA, and adjusted EBITDA useful in analyzing our results, it is not intended to replace any presentation included in our consolidated financial statements.
We believe that these non-GAAP financial measures, as presented, represent a useful method of assessing the performance of our operating activities, as they reflect our earnings trends without the impact of certain non-cash charges and other non-recurring charges. These non-GAAP financial measures are intended to supplement the GAAP financial information by providing additional insight regarding results of operations to allow a comparison to other companies, many of whom use similar non-GAAP financial measures to supplement their GAAP results. However, these non-GAAP financial measures will not be defined in the same manner by all companies and may not be comparable to other companies. Net Revenue Margin, Adjusted Net Income Attributable to Common Stockholders, EBITDA, Adjusted EBITDA, and Adjusted EBITDA Margin should not be considered in isolation or as a substitute for any of the consolidated statements of operations prepared in accordance with GAAP, or as an indication of Radiant's operating performance or liquidity.
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SOURCE Radiant Logistics, Inc. | https://www.wibw.com/prnewswire/2022/09/13/radiant-logistics-announces-select-preliminary-unaudited-financial-results/ | 2022-09-13T20:43:02Z |
At least 46 people were found dead Monday in sweltering conditions in a semitruck in San Antonio, according to authorities, in a scene the mayor called a "horrific human tragedy."
The victims were migrants, City Councilwoman Adriana Rocha Garcia said Monday after a briefing by the San Antonio police chief. Their discovery comes as US federal authorities have launched an "unprecedented" operation to disrupt human smuggling networks.
The US Department of Homeland Security's investigation unit was alerted by San Antonio police to "an alleged human smuggling event" and is leading the probe, an Immigration and Customs Enforcement spokesperson said Monday.
Three people are in police custody, though their connection to the situation is unclear, Police Chief Bill McManus said at a news conference Monday night.
Authorities were alerted to the scene just before 6 p.m., when a worker in a nearby building heard a cry for help, McManus said. The worker found a trailer with doors partially opened and saw people deceased inside, McManus said.
Sixteen people -- 12 adults and four children -- were taken to medical facilities, San Antonio Fire Chief Charles Hood said. Three taken to Methodist Hospital Metropolitan were in stable condition, a Methodist Healthcare spokesperson said.
Those found alive were hot to the touch and suffering from heat stroke and exhaustion, Hood said, and were conscious when taken for care. There was no sign of water in the refrigerated semitractor-trailer and no visible working air conditioning unit, he said.
High temperatures Monday in the San Antonio area ranged from the high 90s to low 100s, according to the National Weather Service.
Victims 'were likely trying to find a better life'
"I am heartbroken by the tragic loss of life today and am praying for those still fighting for their lives," Homeland Security Secretary Alejandro Mayorkas said on social media. "Far too many lives have been lost as individuals -- including families, women, and children -- take this dangerous journey."
The 60 firefighters that were on scene are being put through a critical incident stress debriefing, Hood said.
"We're not supposed to open up a truck and see stacks of bodies in there. None of us come to work imagining that," the fire chief said.
"It's tragic," Mayor Ron Nirenberg said Monday. "There are, that we know of, 46 individuals who are no longer with us, who had families, who were likely trying to find a better life. And we have 16 folks who are fighting for their lives in the hospital."
Assistance to Mexican nationals would be provided, Mexico's consul general in San Antonio said on social media. At least two of the 16 survivors have been identified as Guatemalan, according to Mexico's foreign minister, citing the consul.
US officials are working to better handle the flow of migrants to the US-Mexico border, Mayorkas told CNN earlier this month. Their operation builds on previous initiatives to go after smugglers whom migrants often depend on as they make their way to the border. Homeland Security last spring also announced an effort to crack down on criminal smuggling organizations, alongside federal partners.
Texas has faced similar tragedies regarding illegal transport deaths over the past two decades. In 2017, 10 people died and dozens were injured from heat-related conditions after being discovered in a tractor-trailer at a San Antonio Walmart. The driver of the truck was sentenced to life without parole in a federal prison.
In 2003, 18 victims ranging from age 7 to 91 were found dead in the back of a semitruck with about 100 other people as temperatures soared past 100 degrees, investigators said. The driver in that case was initially sentenced to life in prison, but in 2011 was resentenced to almost 34 years in prison.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/46-migrants-were-found-dead-inside-a-semitruck-in-san-antonio-with-16-more-hospitalized/article_aebdfd7a-75df-52f8-8f49-9c2f631813a2.html | 2022-06-28T10:54:26Z |
Houston Dash suspends head coach James Clarkson amid league-wide investigation into claims of misconduct
By Elizabeth Wolfe and Kevin Dotson, CNN
Women’s professional soccer team Houston Dash suspended its head coach and general manager James Clarkson after reviewing the initial findings of an investigation into league-wide allegations of wrongdoing, the team announced on Twitter Tuesday.
The decision comes at the recommendation of a joint investigative team from the National Women’s Soccer League (NWSL) and NWSL Players Association that is conducting an ongoing investigation into misconduct and policy violations within the league.
In October, the NWSL agreed to demands from the NWSLPA to conduct a joint investigation into current or past complaints of discrimination, harassment, abuse or bullying within all 12 NWSL teams. Immediate suspension of “any person in a position of power” under investigation for possible abuse was part of the players’ union’s demands.
Clarkson’s suspension is effective immediately and the team said it will name an interim head coach in the coming days. An ultimate decision on his position with the Dash will be made once final results of the investigation are available, the team said.
The statement did not give details about any allegations involving Clarkson. CNN has been unable to reach Clarkson or his representatives for comment.
Clarkson’s suspension and the league-wide investigation follows a difficult season for NWSL during which several coaches resigned or were dismissed due to misconduct allegations.
Following the firing of North Carolina Courage head coach Paul Riley in October amid accusations of sexual coercion, which Riley has denied, the NWSL Players Association organized acts of solidarity on the field and released a list of demands in an effort to create “systematic transformation” within the league.
“Tonight, we reclaim our place on the field, because we will not let our joy be taken from us,” NWSLPA said when announcing moments of silence that would be observed during a series of October games.
“Players made a promise to ourselves and future generations to transform our League — not through words, but with our actions,” NWSLPA Executive Director Meghann Burke said in a statement Tuesday. “This shows that our joint investigation is doing the work of systemic transformation. The work continues, and we commend Players for speaking up and speaking out.”
In light of Clarkson’s suspension and the ongoing investigation into him, the Dash said it has made counseling available to any members of the organization who may need it.
“As an organization, our highest priority is creating and maintaining a safe and respectful work environment for our players and staff, which we believe is critical to our success on the pitch,” the Dash statement said.
Clarkson was named head coach of Houston Dash in December 2018 after spending more than a decade with the men’s youth soccer training program Houston Dynamo Academy.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s David Close contributed to this report. | https://localnews8.com/sports/cnn-sports/2022/04/26/houston-dash-suspends-head-coach-james-clarkson-amid-league-wide-investigation-into-claims-of-misconduct/ | 2022-04-27T09:52:34Z |
MILWAUKEE, Aug. 17, 2022 /PRNewswire/ -- TKO Miller is pleased to announce that GLK Foods, LLC (GLK), a world-leading producer of premium food products including sauerkraut and Oh Snap! pickled vegetable products, has divested its Sauerkraut Division to Fermented Food Holdings, Inc. (FFH).
GLK Foods is headquartered in Appleton, WI and has been a family-owned operation for four generations since 1900. GLK's Sauerkraut Division is the largest producer of sauerkraut in the world, serving grocery, foodservice, and industrial co-pack markets. The Sauerkraut Division produces in-house brands such as Cortland Valley, Flanagan, Silver Floss, and Saverne, and co-packages the majority of all North American sauerkraut brands including privately labeled and other industrial co-packaged brands. In addition to its market-leading sauerkraut business, GLK Foods also produces and markets the popular Oh Snap! line of pickled vegetables. This business will be retained by GLK Foods.
FFH is a food company dedicated to bringing together high-quality fermented food brands to reach a broader group of consumers and introduce them to the benefits of fermented foods. Founded in 2021 by Oliver Joost and Marcelo Marim, FFH seeks to leverage its partners' deep industry expertise to accelerate the growth of its portfolio, as well as the fermented foods category. For more information, visit fermentedfoodholdings.com.
TKO Miller, LLC is an independent, advisory-focused, middle-market investment bank. With over 130 years of collective transaction experience, TKO Miller provides merger and acquisition and financial advisory services for privately held and private equity-owned businesses nationwide, with a special focus on family- and founder-held businesses.
TKO Miller aims to bring value to clients by combining outstanding people with a results-oriented, flexible approach to transactions. Our services include company sales, recapitalizations, asset divestitures, and management buyouts. TKO Miller has a generalist focus but has served clients in a wide range of industries, including manufacturing, business services, consumer products, and industrial products and services. For more information, visit our website www.tkomiller.com
Contact: Katie Yde, (414) 375-2660
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SOURCE TKO Miller | https://www.kxii.com/prnewswire/2022/08/17/tko-miller-advises-glk-foods-llc-divestiture-its-sauerkraut-division/ | 2022-08-17T19:03:03Z |
New leadership to help guide the company through continued growth and expansion to additional global markets
BERLIN and NEW YORK, June 1, 2022 /PRNewswire/ -- Choco, the technology company building a better food system for restaurants and suppliers, announced today the appointment of Kevin Huang as chief operating officer and Henri Buchsteiner as chief financial officer. Huang and Buchsteiner join the company on the heels of Choco's latest funding round that earned it unicorn status just four years after inception.
Huang comes to Choco from DoorDash, where he recently served as a vice president, focusing on international operations as well as merchant strategy. There he led Doordash's expansion outside of the U.S. while guiding development of products and services to help merchants grow on the platform. As DoorDash's ninth employee and its first general manager, he led its early market operations teams and launched the company's first markets outside of San Francisco, including Los Angeles, Chicago, and New York City.
"I'm extremely excited to join Choco as it tackles a massive and incredibly complex supply chain problem," said Huang. "The opportunity to streamline the global food system and better support suppliers, restaurateurs, chefs, and many other parties around the world is deeply inspiring, but also increasingly urgent and necessary. The Choco team has a unique combination of huge ambition and drive along with deep humility and togetherness. I'm inspired by this mission, energy, and culture and I'm honored to be a part of the journey."
Prior to joining Choco, Huang was selected to the San Francisco Business Times 40 under 40 and also worked at Slack in corporate development. Previously, he also served as a consultant at McKinsey & Company. He graduated Phi Beta Kappa from Stanford University where he earned a B.S. in industrial engineering with a minor in creative writing while also playing varsity soccer.
Buchsteiner was previously a founding member and executive director of Morgan Stanley's flexible private equity fund in New York, a team that raised and deployed c. $1.5 billion in capital since the fund's inception. There he led global investments across tech and other sectors. Prior to that role, he was a vice president in Morgan Stanley's Investment Banking Division in New York, where he executed a wide range of M&A, IPO, and financing transactions.
"I couldn't be more excited to join Choco's highly driven and talented team on its mission to build a connected global food system, addressing real world problems such as food waste and sustainability," said Buchsteiner. "Choco is in its early innings and I hope to use my experience to help the company navigate through its next phase of growth."
Buchsteiner has a B.A. in economics from the University of St. Gallen, Switzerland, and a Ph.D in finance from the University of Cambridge. He was a research scholar at the Bendheim Center for Finance at Princeton University and received the Oxbridge best Ph.D paper award in Finance.
"We are thrilled to have Kevin and Henri join Choco, bringing their unique skills and experience, along with their enthusiasm to help rapidly scale such an innovative company with purpose," said Daniel Khachab, chief executive officer of Choco. "Their input will be critical in guiding the company through its growth and global expansion as we seek to tackle the massive food waste problem on our planet."
For more information about Choco and its solutions, please visit Choco.com.
About Choco
Choco is a company that brings restaurateurs and their suppliers together on a digital platform. Ordering goods becomes as easy as writing a chat message. By optimizing purchasing processes, customers can save time, money and food. The latter is also Choco's main goal. Choco was founded by serial entrepreneurs Daniel Khachab and Julian Hammer. Since its founding in 2018, the company has grown rapidly and is now active in markets such as the U.S., Germany, France, Spain, Austria and Belgium. In February 2022, the total value of goods traded through Choco exceeded $1.2 billion.
For media inquiries
Please contact evan.burkhart@ruderfinn.com.
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SOURCE Choco | https://www.mysuncoast.com/prnewswire/2022/06/01/choco-adds-its-executive-team-with-addition-chief-operating-officer-chief-financial-officer/ | 2022-06-01T14:00:04Z |
- Experience the thrill of the all-new and now open Ice Breaker in Orlando, the steepest beyond vertical drop in Florida; Tidal Surge, the world's tallest and fastest screaming swing in San Antonio; and Emperor, California's tallest and fastest floorless dive coaster in San Diego
- Ice cold free beer is back this summer
- Refreshing water flume and rafting rides help guests beat the heat
- USA Today 10BEST voted SeaWorld Orlando #1 Best Theme Park and as the coaster capital, the park offers more roller coasters in one place than anywhere else in Orlando including #1 New Theme Park Attraction -- the all-new Ice Breaker
- When the sun goes down, the night comes to life with the Electric Ocean featuring electrifying dance music, colorful lights, and a fireworks spectacular
- Exciting new concerts
- More ways to relax and fuel up with new restaurants, new drink venues and new craft cocktails
ORLANDO, Fla., SAN ANTONIO and SAN DIEGO, June 30, 2022 /PRNewswire/ -- SeaWorld is back this summer and guests can visit the parks now with no reservation requirements and no restrictions as the park, rides, attractions, food and beverage, and merchandise outlets are open. Also, guests can experience brand new, record breaking and award-winning rides including the all-new Ice Breaker in Orlando, the steepest beyond vertical drop in Florida; Tidal Surge, the world's tallest and fastest screaming swing in San Antonio; and Emperor, California's tallest and fastest floorless dive coaster in San Diego. There's no better time for guests to buy a ticket or a pass and visit today!
"This summer promises to be fun with a new lineup of coasters, events, concerts and more ways to relax and refuel," said Marc Swanson, Chief Executive Officer of SeaWorld Parks & Entertainment. "We set out to open exciting new attractions in our parks this year and to bring our fans some of the steepest, fastest and tallest thrills. We are excited to bring guests this new summer lineup that promises a thrilling experience every time you visit."
There is no better time to visit SeaWorld Orlando than this summer, with the park voted the #1 theme park in North America in 2022 by USA Today 10Best and its newest coaster, Ice Breaker, voted the best new attraction in North America.
Named after the icy Arctic summits, Ice Breaker features four airtime filled launches, both backwards and forwards, culminating in a reverse launch into the steepest beyond vertical drop in Florida - a 93 feet tall spike with 100-degree angle. The thrills continue as riders fly over a near vertical tophat maneuver into a series of exciting twists, turns, and airtime hills. The brand-new coaster is located across from the park's Wild Arctic exhibit and complimented by the popular themed Glacier Bar and Altitude Burger.
Fan favorite Mako took the #2 spot for best roller coaster.
Of the best theme park recognition USA Today noted "most famous as a marine zoological park, SeaWorld Orlando has made a name for itself in the world of high-octane thrill rides as well, including Manta – one of the only coasters of its kind in the world – and Mako, a hyper coaster with deep dives, high speeds and thrills aplenty."
In addition to the new thrills, guests can cool off from the summer heat with fan favorite flume and rafting water rides including Infinity Falls, a world-class rapids rafting experience and the tallest drop in Florida, and Journey to Atlantis®, a flume ride that offers water ride enthusiasts a thrill as this mythical paradise reveals its darker side.
When the sun goes down, the night fires up at the special festival happening now, Electric Ocean. Guests can stay late and immerse themselves in exotic worlds of light and music and experience favorite SeaWorld attractions in a whole new way. They can join playful, glowing sea creatures and world-class DJs for a family-friendly dance party beneath the waves. Then end the night with the all-new Ignite 360, spectacular fireworks and fountains that bring the brilliance of the sea to the sky above.
Free beer is also back this summer at SeaWorld Orlando. Complimentary domestic and seasonal beers will be available for guests 21 years of age and older. They will be offered through August 4, 2022, from 10:30 a.m. to one hour before the park closes. Guests can visit Waterway Grill Bar and receive one complimentary 7-ounce beer per visit. The taps will rotate throughout the summer, so guests can try something new every time they visit.
SeaWorld San Antonio is an unbeatable destination for summer fun, with the new screaming swing Tidal Surge, the tallest and fastest ride of its kind, among the top five best new attractions in 2022 in North America, according to USA Today 10Best. True to the motto "everything is bigger in Texas", the all-new Tidal Surge features two pendulum-like arms that soar progressively higher at 68 mph, eventually reaching a staggering height of 135 feet at its peak giving riders a bird's eye view of the water ski lake, park, and skyline.
Guests can escape the scorching Texas heat with a drenching ride on fan favorite flume and rafting water attractions including Rio Loco that lets guests cool down in the spray of their raft as it bobs and bounces through the unexpected twists, turns and drop-offs. Also Journey to Atlantis is a family ride that's part water ride, part coaster, and altogether exciting as riders get a panoramic, 360º view at the top of the first peak, followed by a 10-story reverse camelback that sends them on a wet and wild plunge into the lake below.
Special summer events include Electric Ocean that promises to thrill and delight this summer with light and music experiences from the day and into the night. Only at SeaWorld San Antonio, HydroPower: Extreme FX is an adrenaline producing waterski and stunt show featuring world class skiers, an original house band, and the only nightly laser and fireworks extravaganza in San Antonio. Nationally renowned musical acts from the world of country, pop, Christian, and 90's music will also be performing a free concert every Saturday as part of the Electric Ocean Concert Series presented by Coca-Cola.
Complimentary beer is also back this summer in San Antonio. Now through August 7, Season and Annual Pass Members 21 and over are eligible for brew samples "on the house", poured at the all-new Lone Star Lakeside Bar, the parks full-service bar set on the banks of the iconic water ski lake where guests can beat the sizzling summer heat and sip on mixologist-curated cocktails, frozen specialties, and craft alcoholic selections infused with pure Texas pride.
West coast summer fun at SeaWorld San Diego includes the not to be missed new coaster Emperor, voted the third best new attraction in North America in the 2022 USA Today 10Best. Emperor is California's tallest, fastest, and longest floorless dive coaster.
Named after the Emperor penguin, the world's largest penguin, the Emperor coaster mimics this species' amazing underwater diving ability. Climbing to 153 feet with feet dangling in the air, riders are suspended on a 45-degree angle at the crown of the ride before plunging down a 14-story facedown vertical drop, accelerating to more than 60 miles per hour. Riders also experience inversions, barrel roll, Immelmann loop, hammerhead turn and a flat spin as they race along the nearly 2,500 feet of track. Each of the floorless ride cars hold 18 riders in three, six-person rows. This is the first seating configuration of its kind in North America.
Guests can take a refreshing plunge from the summer heat with fan favorite flume and rafting water rides including Shipwreck Rapids, one of Southern California's favorite water rides where a winding river turns to rolling whitewater rapids before plunging through a waterfall finale. Journey to Atlantis is a fan favorite flume ride with an all-new look and smoother ride experience where guests can explore a lost civilization and experience an action adventure with splashing thrills.
SeaWorld San Diego is serving up more options for guests to indulge this summer with five anticipated food and beverage venues now open. Three new dining experiences include the new Hibisco Modern Mexican restaurant, Dreyer's Ice Cream Parlor and Manta pizza. Guests over 21 can also enjoy new drinking destinations on the West Coast with the brand-new High Tide Brews tap room that offers a multitude of cold craft beers and a scenic garden view with live music just steps away and guests can also cool off at the new Underwater Cantina, a relaxing outdoor patio to lounge and to sip on mixologist-curated cocktails, frozen specialties, and an expansive selection of tequilas & mezcal.
An incredible lineup of events and concerts during the Electric Ocean summer event promises to keep guests coming back all summer long with exhilarating live music performances on select Saturdays at Bayside Amphitheater including Ashanti, MacKenzie Porter, Mickey Dolenz of the Monkees, and more. The ADRENALINE Stunt Show features America's Got Talent contestant and world record holder daredevil Annaliese Nock at Nautilus Amphitheater. ElectroBlast, a bioluminescent music experience and percussion show pumps up the music and beat in this all-new show debuting this year at Mission Bay Theater. Club Sea Glow gets people moving and grooving to music every night during family-friendly dance parties. IGNITE Fireworks spectacular light up the sky every Friday – Sunday.
The best way to experience the summer and all it has to offer is with a SeaWorld Annual Pass. Annual Pass Holders enjoy 12 months of visits with special benefits including exclusive ride opportunities, free parking, free guest tickets, access to special VIP events, and savings on merchandise.
SeaWorld Entertainment, Inc. (NYSE: SEAS) is a leading theme park and entertainment company providing experiences that matter, and inspiring guests to protect animals and the wild wonders of our world. The Company is one of the world's foremost zoological organizations and a global leader in animal welfare, training, husbandry, and veterinary care. The Company collectively cares for what it believes is one of the largest zoological collections in the world and has helped lead advances in the care of animals. The Company also rescues and rehabilitates marine and terrestrial animals that are ill, injured, orphaned, or abandoned, with the goal of returning them to the wild. The SeaWorld® rescue team has helped more than 39,000 animals in need over the Company's history. SeaWorld Entertainment, Inc. owns or licenses a portfolio of recognized brands including SeaWorld®, Busch Gardens®, Aquatica®, Sesame Place® and Sea Rescue®. Over its more than 60-year history, the Company has built a diversified portfolio of 12 destination and regional theme parks that are grouped in key markets across the United States, many of which showcase its one-of-a-kind zoological collection. The Company's theme parks feature a diverse array of rides, shows and other attractions with broad demographic appeal which deliver memorable experiences and a strong value proposition for its guests.
Media Contact:
Mediarelations@seaworld.com
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SOURCE SeaWorld Parks & Entertainment | https://www.kxii.com/prnewswire/2022/06/30/were-back-summer-is-back-seaworld-is-back-parks-operating-with-no-reservation-requirements-no-restrictions-park-rides-attractions-food-beverage-merchandise-outlets-are-open-summer-fun/ | 2022-06-30T14:21:10Z |
SOUTHFIELD, Mich., Sept. 14, 2022 /PRNewswire/ -- The automotive technology company Veoneer is hosting an Executive Briefing panel at the Detroit Auto Show's AutoMobili-D on Thursday, September 15 from 12:20 – 12:50pm EST.
The panel, titled "ADAS for Everyone – The Industry Responsibility to Make it Happen", will address how working towards a common goal requires the use of collective knowledge across the industry in order to rapidly improve technology and advance mobility. As vehicles and supporting infrastructure advance at lightning speed, a great deal of pressure is placed on all contributors within the automotive market to develop and adapt to the demand. OEMs and suppliers have a great responsibility to push the boundaries of technology and provide features that save lives and improve vehicle comfort, all while facing the challenge of doing it safely and predictably.
The panel, moderated by Tim Stevens (World Car Awards / previously CNET / AOL / Engadget), will include:
- Steven Jenkins, CTO and EVP Active Safety Integration, Veoneer
- Anshuman Saxena, Senior Director and Head of ADAS/AD Products, Qualcomm Technologies, Inc.
- CJ King, VP of Platform Engineering, HERE Technologies
AutoMobili-D is centrally located in Halls B and C on the main show floor at Huntington Place (1 Washington Blvd, Detroit, MI 48226).
For more information please contact:
Thomas Jönsson, EVP Communications & IR,
thomas.jonsson@veoneer.com, tel +46 (0)8 527 762 27
Veoneer is an automotive technology company. As a world leader in active safety and restraint control systems, Veoneer is focused on delivering innovative, best-in-class products and solutions. Our purpose is to create trust in mobility. Veoneer is a Tier-1 hardware supplier and system integrator with products being part of more than 125 scheduled vehicle launches for 2022. Headquartered in Stockholm, Sweden, Veoneer has 6,100 employees in 11 countries. The Company is building on a heritage of close to 70 years of automotive safety development.
This information was brought to you by Cision http://news.cision.com
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SOURCE Veoneer | https://www.wibw.com/prnewswire/2022/09/14/veoneer-hosts-executive-briefing-panel-detroit-autoshows-automobili-d/ | 2022-09-14T13:32:45Z |
Which skateboard rack is best?
If you skateboard regularly and maybe even own multiple skateboards, it’s time to consider buying a skateboard rack. Not only do racks give you somewhere to store boards neatly so that you aren’t tripping over them in the hallway, but they can also protect skateboards from potential damage.
The right rack for you will depend on various elements, such as how many boards you have and whether you want a wall-mounted or freestanding version. The Pro Board Racks The Boardroom Skateboard Floor Display Rack is a top choice for skaters who have several boards to store.
What to know before you buy a skateboard rack
Wall-mounted vs. freestanding
There are two main types of skateboards available: wall-mounted and freestanding. Each has its benefits and drawbacks to mull over before choosing which type to buy.
- Wall-mounted: Wall-mounted racks screw into the wall, freeing up floor space, making them a great choice for small homes. However, this can be a problem if you live in a rental or don’t want to put holes in the wall. You can also choose what height to mount these racks at, which is ideal if you want your boards to double as art.
- Freestanding: These racks stand on the floor independently, so there’s no need to make holes in your walls. They’re easy to set up and come in a range of sizes, from those that hold single boards to versions with capacities of eight or more. The downside is that they take up floor space.
Skateboard capacity
Consider the rack’s capacity and how many skateboards you need to store. Some versions hold a single board, while others can hold eight or nine. While you don’t want to buy a rack with a capacity significantly larger than your current needs, you may want room for your board collection to grow.
Display
Some racks are purely functional, while others are designed for displaying your collection. If part of the reason you want a board rack is to show off your gnarly deck graphics, choose carefully. Those tailored for display are angled so you can easily see the graphics on the deck when you put your board in the rack. Versions that store boards completely flat don’t show off the artwork and, therefore, aren’t a good choice for displaying.
What to look for in a quality skateboard rack
Materials
Most racks are made from either wood, metal or plastic. All of these are durable choices, so the material doesn’t significantly affect how the rack functions. However, solid wood racks are arguably the most stylish choice, making them great for display.
Ease of assembly
Although some racks come ready to use with no assembly required, many need assembling. None should be extremely challenging to put together, but some are easier than others. There are even some options that slot together, so no tools are required.
Mounting hardware
If you buy a wall-mounted rack, it should include all the mounting hardware you need. However, don’t forget you’ll need a power drill to mount the rack.
Tool storage
You’ll find some racks with a built-in area to hold skate tools, spare bearings and other small skate essentials.
How much you can expect to spend on a skateboard rack
Basic wall-mounted or freestanding racks start at around $15-$30. These are usually made from plastic or metal. The highest-quality wooden versions can cost as much as $100-$200.
Skateboard rack FAQ
Should I store my board inside or outside?
A. You should always store your skateboard inside. Boards that get wet can become waterlogged and lose their pop. Decks may even warp and delaminate if they get soaked. Not to mention that bearings rust and lose their lubrication, slowing down the spin of your wheels.
Are skateboard racks worth it?
A. Since you need to keep your skateboard indoors to maintain its condition, many people find using a skateboard rack worthwhile. While they are no less essential, it looks much nicer to keep your board in a rack rather than just lying around on the floor. What’s more, it keeps your place tidier, and having your skateboards displayed on a rack can act as an interesting decorative feature.
What’s the best skateboard rack to buy?
Top skateboard rack
Pro Board Racks The Boardroom Skateboard Floor Display Rack
What you need to know: Made in Colorado from solid wood, this is a durable and stylish rack for people with multiple boards to store or display.
What you’ll love: It fits up to six boards, with the ability to hold standard skateboards or longboards. It’s extremely easy to assemble with parts that slot together, so no tools are required.
What you should consider: It’s on the pricey side and is too large for buyers with just one or two boards.
Where to buy: Sold by Amazon
Top skateboard rack for the money
StoreYourBoard Skateboard Rack
What you need to know: This wall-mounted rack holds up to three boards, with options for skateboards or longboards.
What you’ll love: It’s made from durable ABS plastic and crafted in Virginia. It can fit other sporting gear such as scooters and hockey sticks. There’s also room to hang a helmet without reducing the board capacity.
What you should consider: It must be screwed into the wall, so it’s not ideal for people who live in rentals.
Where to buy: Sold by Amazon
Worth checking out
Parking Block Skateboard Storage
What you need to know: Perfect for people with just one board to store, this simple freestanding rack holds a single skateboard.
What you’ll love: This rack holds standard skateboards either horizontally or vertically and longboards and penny boards horizontally. It takes up little room and has a small storage area for skate tools.
What you should consider: It only holds one board, so it’s not the best solution for skaters with multiple boards.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/sports-fitness-br/fitness-gear-br/best-skateboard-rack/ | 2022-07-05T19:33:54Z |
NEW YORK, May 25, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Stronghold Digital Mining, Inc..
Shareholders who purchased shares of SDIG 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:
https://securitiesclasslaw.com/securities/stronghold-digital-mining-inc-loss-submission-form/?id=27637&from=4
CLASS PERIOD: This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Stronghold Class A common stock pursuant and/or traceable to the registration statement and prospectus issued in connection with the Company's October 2021 initial public offering.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) contracted suppliers, including MinerVa Semiconductor Corp., were reasonably likely to miss anticipated delivery quantities and deadlines; (2) due to strong demand and pre-sold supply of mining equipment in the industry, Stronghold would experience difficulties obtaining miners outside of confirmed purchase orders; (3) as a result of the foregoing, there was a significant risk that Stronghold could not expand its mining capacity as expected; (4) as a result, Stronghold would likely experience significant losses; and (5) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
DEADLINE: June 13, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/stronghold-digital-mining-inc-loss-submission-form/?id=27637&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of SDIG 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 June 13, 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
View original content:
SOURCE The Gross Law Firm | https://www.mysuncoast.com/prnewswire/2022/05/25/shareholder-alert-gross-law-firm-notifies-shareholders-stronghold-digital-mining-inc-class-action-lawsuit-lead-plaintiff-deadline-june-13-2022-nasdaq-sdig/ | 2022-05-25T11:38:41Z |
5 things to know for May 19: Ukraine, Buffalo shooting, Stocks, Baby formula, Soccer
By Alexandra Meeks, CNN
Many Americans say life has at least partially returned to a pre-pandemic normal, but experts warn that when it comes to Covid-19, the US is not out of the woods yet. A third of people in the US currently live in areas with high or medium community levels and should consider masking indoors based on their own Covid-19 risk, the director of the CDC said yesterday.
Here’s what you need to know to Get Up to Speed and On with Your Day.
(You can get “5 Things You Need to Know Today” delivered to your inbox daily. Sign up here.)
1. Ukraine
In a show of support for the Ukrainian government, the US has reopened its embassy in Kyiv after it closed three months ago ahead of Russia’s invasion. “We underscored our commitment to Ukraine’s sovereignty and territorial integrity, pledged to continue our assistance, and started working toward the day we could return to Kyiv. Now, that day has come,” US Secretary of State Antony Blinken said yesterday. Blinken also said the US will give Ukraine an additional $215 million in emergency food assistance to help the country fight its ongoing humanitarian crisis. On the battlefield, NATO doesn’t expect significant gains for either Russia or Ukraine in the coming weeks. “I think we’ll be in a standstill for a while,” a NATO military official with knowledge of the intelligence told CNN. Separately, President Joe Biden is scheduled to meet with the leaders of Finland and Sweden today after the two nations submitted their formal applications to become NATO members.
2. Buffalo shooting
The House of Representatives voted 222-203 yesterday to pass a bill aimed at preventing domestic terrorism and combating the threat of violent extremism by White supremacists. The vote comes in the wake of a racially motivated mass shooting over the weekend at a supermarket in a predominately Black neighborhood in Buffalo, New York, that killed 10 people and wounded three others. The bill now heads to the Senate, where its fate is uncertain because most Republicans in Congress remain steadfastly opposed to any kind of gun control bills. The suspected shooter, Payton Gendron, has pleaded not guilty to a charge of first-degree murder, officials said, adding that other charges are forthcoming. He is scheduled to appear in court today for a felony hearing.
3. Stocks
The stock market had a rough day yesterday, with the Dow tumbling 1,164 points, or 3.6% — its worst trading day since June 2020. Markets have plummeted over the past month as the Federal Reserve telegraphed that it would regularly hike interest rates by half a percentage point for the foreseeable future to combat persistent inflation. Now, investors are calling for a three-quarter-point rate hike at the conclusion of the Fed’s June meeting, despite Fed Chair Jerome Powell’s assurances that an increase that high isn’t on the table. Meanwhile, Asian markets opened sharply lower today, continuing Wall Street’s downward spiral hours earlier.
4. Baby formula
The Biden administration announced it is taking new actions to attempt to alleviate the nationwide baby formula shortage, including invoking the Defense Production Act. The act allows the government more control over industrial production during emergencies and will direct suppliers of formula ingredients to prioritize delivery to various manufacturers. In addition, President Biden announced that the Defense Department’s commercial planes will be used to import formula from abroad. The House yesterday also passed a pair of bills aimed at addressing the nationwide formula shortage. One of the bills would provide $28 million in emergency funding to increase the number of FDA inspection staff and bolster additional resources for personnel working on formula issues. The other bill is aimed at ensuring that families in need can continue to buy baby formula with WIC benefits during a public health emergency or supply chain issues such as a product recall.
5. US Soccer
After a long fight, US Soccer has agreed to a landmark equal pay deal for women. Under the new agreement, US Soccer will become “the first Federation in the world to equalize FIFA World Cup prize money” awarded to the teams for participating in World Cups. “This is a truly historic moment,” US Soccer President Cindy Parlow Cone said yesterday. US Soccer will share a portion of its broadcast, partner and sponsorship revenue with a 50/50 split of that share divided equally between the US women’s and men’s national teams, according to the agreement. The deal also encompasses other areas such child care, parental leave, short-term disability, mental health impairment, travel and equal quality of venues and field playing surfaces. Earlier this year, US Soccer and the US Women’s National Team reached a $24 million agreement to end a dispute over equal pay dating back to 2019.
BREAKFAST BROWSE
A 16-year-old is on a quest to become the youngest person to fly around the world solo
He’s following in the footsteps of his older sister, the youngest woman to fly around the world at age 19. What a cool family!
This unusual new superyacht concept has a giant glass eye
Introducing the extravagant 110-meter vessel, Zion. (But it would have been clever to name it Cyclops. Just saying!)
Italian mom shares tips for the perfect Italian sauce
Say goodbye to bland spaghetti. Check out this quick video to learn how to elevate your pasta sauce to the next level. Deliziosa!
Wingstop could soon raise its own chickens
When there are supply chain issues, become your own supplier. That’s the company’s potential solution to reduce food supply costs amid high demand.
The Ringling Bros. circus is returning next year — without elephants
The iconic traveling circus is being revived less than a decade after it shuttered, but with a few big changes under the big top.
TODAY’S NUMBER
3
That’s how many North Korean cargo planes flew to China and back on Monday as the country battles a fast-spreading outbreak of Covid-19. While it is unknown what the planes were carrying, the rare trip came after China pledged to help North Korea with its outbreak, which experts have warned could cause a major humanitarian crisis in the isolated and impoverished nation. North Korea officially confirmed its first Covid cases last week. The country had not previously acknowledged any cases, and has kept its borders tightly shut since January 2020.
TODAY’S QUOTE
“As long as we are fortunate enough to be breathing, we will breathe in, breathe through, breathe deep, breathe out. And I’m a doctor now, so I know how breathing works.”
— Pop superstar Taylor Swift, delivering a commencement speech at New York University’s 2022 graduation ceremony. Swift received an honorary “Doctor of Fine Arts” degree from the university. She was first announced as the commencement speaker for NYU back in March to mass excitement from fans of the 11-time Grammy winner. Some people even tried to buy tickets to the ceremony from graduating students.
TODAY’S WEATHER
Check your local forecast here>>>
AND FINALLY
A Virtual Vacation to Paris
Sip your coffee and enjoy this time lapse of one of the most stunning cities in the world. Let’s call it a virtual vacation! Bon voyage! (Click here to view)
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/national-world/cnn-national/2022/05/19/5-things-to-know-for-may-19-ukraine-buffalo-shooting-stocks-baby-formula-soccer-6/ | 2022-05-19T11:17:09Z |
FORT WORTH (KDAF) — The wins just keep rolling in for DFW, maybe some of these Texas Lottery winners can share some luck with the Dallas Stars and Mavericks for their respective playoff series.
The lottery says a Fort Worth resident has recently claimed a second-tier prize of $1 million from the scratch ticket game Instant Millionaire. “This was the 37th of 40 second-tier prizes worth $1 million to be claimed in this game. Instant Millionaire offers more than $519 million in total prizes, including 10 top prizes of $2.5 million,” the lottery says.
The winning ticket was purchased at the RaceTrac on Eastchase Parkway in Fort Worth. The winner has elected to remain anonymous. | https://cw33.com/news/local/fort-worth-resident-claims-1-million-off-of-texas-lottery-scratch-ticket/ | 2022-05-12T23:35:49Z |
SCOTTSDALE, Ariz. (AP) — Texas won the national title that eluded its current seniors three years ago.
No tornadoes, no letdowns, just one clutch shot after another.
Travis Vick two-putted from 30 feet on the 18th hole to beat Cameron Sisk and Texas won its fourth national championship by holding off Arizona State’s late charge for a 3-2 victory Wednesday.
“Everything has meaning and the adversity we faced only made us stronger,” Texas senior Parker Coody said.
Texas lost the 2019 title to Stanford, in part, to the weather. Predictions of severe storms pushed championship tee times up to just before dawn and the Longhorns were out of sorts in the 3-2 loss.
Texas spent the next three years trying to get back, fighting through pressure-packed moments to reach the final eight of the NCAA championships. The Longhorns seemed to free up in quarterfinal wins over Oklahoma State and Vanderbilt, which carried over into the final against Arizona State even as the matches got tight.
Vick closed it out, but it was far from easy.
He led 2 up with with three holes left, but missed a 15-foot par putt on Grayhawk Golf Course’s 16th hole to see his lead cut to one. Sisk missed a chance to tie when he left an 8-foot birdie putt short after driving it through the short par-4 17th.
Sisk pulled his second shot on the par-4 18th hole left in the bunker and hit it to 4 feet, leaving Vick with two putts to win the national championship. He hit it inches from the cup, sending the Longhorns charging onto the green with their first national title since 2012.
“Today, you see a bunch of men in front of you,” Texas coach John Fields said. “They may have not started out that way four or five years ago, but they are today and I’m really proud of them.”
Arizona State was the top seed a year ago at Grayhawk, but couldn’t get past Oklahoma in the semifinals. The Sun Devils got a bit of revenge by beating the Sooners in the quarterfinals on Tuesday and took down reigning national champion Pepperdine in the afternoon semifinals.
Arizona State appeared to be in trouble on the back nine against Texas, trailing in three matches after Parker Coody routed James Leow 6 and 5.
The Sun Devils rallied, setting up some tense moments down the stretch.
“You obviously want to be up, but at the same time we have a lot of trust in each other,” said Arizona State’s David Puig, who beat Mason Nome 1 up in 19 holes. “The match is not over, we’re still believing, and that’s what we did. We came up short, but it was close.”
It sure was.
After Coody’s win, Arizona State’s Mason Andersen tied the championship match with a 3-and-2 win over Cole Hammer.
Pierceson Coody, Parker’s twin, closed out his match with Preston Summerhays 2 and 1 by getting up and down for birdie on the short par-4 17th on Grahawk’s Raptor Course. Summerhays drove it just off the green and missed a 4-foot birdie before Coody’s 3-footer fell.
Texas junior Mason Nome had a 1-up lead after a birdie on the par-4 14th, but David Puig tied the match with a birdie on No. 17.
Nome then hit a tree left of the fairway on the 520-yard par-4 18th hole, leaving him 243 yards to the green. He hit it through the green and made a 20-foot par putt after Puig just missed a birdie, sending the match to extra holes.
Nome spun his ball off the par-4 10th hole and lost the hole 2 and 1, but didn’t have to worry about it with Vick securing the title a few hundred yards away.
“Obviously, it’s a painful loss,” Arizona State coach Matt Thurmond said. “You don’t chances to win a national championship very often and we had a chance at the very end. And it takes so much to get here.”
Something the Longhorns know all about.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/texas-holds-off-arizona-state-for-fourth-national-title/ | 2022-06-02T16:54:21Z |
Native American children were renamed, told not to use Indigenous languages and had their hair cut at 408 boarding schools in the United States that forced assimilation in the 19th and 20th centuries, the Department of Interior says.
The department released on Wednesday a long-awaited review of past efforts by the federal government to assimilate Native American children into White American society by separating them from their families and stripping them of their languages and cultures.
The report, part of the Federal Indian Boarding School Initiative announced by Interior Secretary Deb Haaland last year, outlines some of the conditions that children endured, a list of the boarding schools across the country, and identified more than 50 marked or unmarked burial sites.
The review notes that from 1819 to 1969, there were 408 federal schools in 37 states. The greatest concentration of schools was in what is now the state of Oklahoma with 76 institutions, followed by 47 schools in Arizona and 43 in New Mexico, the report states.
Children and teenagers at these schools were subject to "systematic militarized and identity-alteration methodologies" by the federal government, including getting English names, haircuts, wearing military or other uniforms, and being banned from using their native languages and exercising their religions, the report states.
Those rules "were often enforced through punishment, including corporal punishment, such as solitary confinement 'flogging, withholding food, ... whipping[,]' 'slapping, or cuffing,'" according to the report.
The initial investigation found that 19 boarding schools accounted for the deaths of more than 500 American Indian, Alaska Native, and Native Hawaiian children but the number of recorded deaths is expected to increase.
Assistant Secretary for Indian Affairs Bryan Newland said the report is an "opportunity to "reorient federal policies to support the revitalization of Tribal languages and cultural practices" and "counteract nearly two centuries of policies aimed at their destruction."
"Together, we can help begin a healing process for Indian Country, the Native Hawaiian Community and across the United States, from the Alaskan tundra to the Florida everglades, and everywhere in between," Newland said in a statement.
Interior Secretary Deb Haaland said it is her priority to "address the lasting legacies of these policies so Indigenous Peoples can continue to grow and heal."
Haaland announced Wednesday that a group of American Indian, Alaska Native and Native Hawaiian survivors of the federal Indian boarding school system will began a year-long tour across the country to share their stories and "facilitate the collection of a permanent oral history."
The department said the report released on Wednesday is not comprehensive and is only the first volume of the initiative's findings.
The department is expected to continue investigating Indigenous boarding schools through fiscal year 2022 and produce a second review that determines the locations of marked or unmarked burial sites, identifies the children interred at such locations and the federal funding linked to the schools.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/interior-department-says-native-american-children-were-forced-into-assimilation-at-408-federal-boarding-schools/article_ae379d0f-6e8f-50d6-90b1-dbbd79757200.html | 2022-05-11T18:35:37Z |
Dual-Power capability allows low-power depot or home charging with high-power opportunity charging helping accelerate broader adoption of wireless charging sooner than expected
MALVERN, Pa., May 4, 2022 /PRNewswire/ -- Momentum Dynamics, which has been commercializing fully automated inductive (wireless) charging for electric vehicles (EVs) since 2014, announced today a major breakthrough with enormous implications for the EV industry: a wireless system that provides the ability to charge light-duty EVs at both high (50-75kW) and low (7-22kW) power. This capability will enable automatic charging at-home or in-depot charging as well as the convenience of high-power opportunistic charging in public settings.
The so-called "dual-power" mode capability will enable cars and light duty trucks and vans to intelligently recognize and charge a vehicle battery at any power using a common inductive component on the vehicle. The achievement was led by Momentum's team of engineers at its global headquarters in Malvern, Pennsylvania.
"The ability to manage any power level with a single device represents a breakthrough that will see the broader deployment of wireless charging and accelerated adoption of EVs," said Momentum Dynamics CEO Andy Daga. "This fulfills our vision to offer a ubiquitous and fully automated charging solution in which the car is capable of charging itself without human action. Charging a car or even a truck should be an effortless 'background operation' that no one thinks about – much like electronic toll collection has become. This is the step-change advantage that has been needed to increase the adoption rate of electric vehicles. We are beginning to see demand for hands-free charging as a key element of passenger vehicle electrification."
"Perhaps it's ironic that the state that was the birthplace of the world's modern petroleum industry is now providing the long-term solution that will transition vehicles away from gasoline to make EVs ubiquitous around the world."
The breakthrough enables a highly efficient system of chargers that can provide energy to EVs in locations where there is limited power such as a home or office, but also at public charging locations where there is typically much higher power for faster charging. It is also important to consider that plug-in chargers tend to suffer from low utilization, as low as 5% or less, and are often out of service. Wireless charging encourages more frequent charging when operated in public locations, and the economics are more favorable to install higher power chargers in public locations.
For delivery vans and trucks, it means that vehicles can wirelessly charge at low power at their garage, but also pick up a substantial range-extending supplemental charge while stopped for short times at a loading dock, along a commercial loading zone, at delivery points, or at convenience markets. This is likely to be very important for delivery fleets and to postal fleets that run long suburban and rural routes. It is also the only reasonable solution to charging autonomous, self-driving EVs.
In real terms this means that a vehicle equipped with a Momentum charger can wirelessly and automatically charge in any location and make the best use of the available power. By contrast, other wireless chargers have been relegated to a single use, e.g., charging only cars and only at low power, limiting their use to home garages, or in some cases, only heavy-duty vehicles at high power.
Bob Kacergis, Momentum's Chief Commercial Officer, added that "our interactions with OEMs and light duty vehicle operators indicate that they agree with this emerging vision – enabling unattended and automatic hands-free charging anywhere offers an elegant solution for those who have a home garage and intend to charge there, and for the same vehicle to be charged rapidly while stopping at retail locations. The effect is unlimited range without having to think about it."
Kacergis also pointed out that automakers are concerned about preserves a vehicle's resale value, and this new technology preserves the ability to sell an EV to a new owner who does not have access to a garage and who must rely on fast public charging.
The technical breakthrough centers on the ability to commercialize a system of chargers for light-duty vehicles that operates with the combination of high efficiency across all power levels from 1 kW to 75 kW (comparable to any plug-in charger), and that conforms with the same electromagnetic regulatory standards that apply to all electric appliances. Momentum's technology has been engineered for the future to allow for bidirectional power flow, or "Vehicle-to-Everything" at both high- and low-power levels, as circumstances may require.
About Momentum Dynamics
Momentum Dynamics, located in Malvern, PA, is the global leader in high-power inductive charging for all types of electric vehicles, including passenger vehicles, buses, delivery trucks, and heavy trucks. The company practices world-class technology innovation through modular design and is recognized for the extraordinary accomplishments and unique expertise of its engineers and scientists. Momentum was a winner of the 2019 Emerging Technology Award from Mechanical Engineering Magazine. Please visit www.momentumdynamics.com or LinkedIn for additional information about Momentum.
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SOURCE Momentum Dynamics Corporation | https://www.kxii.com/prnewswire/2022/05/05/momentum-dynamics-announces-dual-power-breakthrough-automatic-inductive-charging/ | 2022-05-05T09:21:47Z |
OSLO, Norway, June 14, 2022 /PRNewswire/ --
NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY IN ANY JURISDICTION IN WHICH THE RELEASE, PUBLICATION OR DISTRIBUTION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF ANY OF THE SECURITIES DESCRIBED HEREIN.
Reference is made to the previous stock exchange announcements by Aker Clean Hydrogen AS ("Aker Clean Hydrogen" or "ACH") regarding the contemplated merger with Aker Horizons ASA ( "Aker Horizons"). The merger will be carried out as a triangular merger whereby ACH will merge with Aker Horizons' wholly-owned subsidiary AH Seksten AS as the surviving entity and Aker Horizons will issue consideration shares.
The creditor notice period for the merger will expire at midnight on Thursday 16 June 2022. Provided that no creditors have objected to the merger by such time, the merger is expected to be completed after close of trading on the Oslo Stock Exchange on Friday 17 June 2022 (the "Effective Date"), which accordingly will be the last day of trading in the ACH shares on Euronext Growth (Oslo).
Eligible shareholders in ACH (other than Aker Horizons) will receive 0.2381 merger consideration shares in Aker Horizons for each share owned in ACH as of the expiry of the Effective Date, as such shareholders appear in the shareholder register with Euronext Securities Oslo (the "VPS") as at the expiry of two trading days thereafter (the "Record Date"), expected to be Tuesday 21 June 2022.
The consideration shares are expected to be delivered to the eligible shareholders through VPS on or about Wednesday 22 June 2022. Fractions of shares will not be allotted, and the number of consideration shares delivered to each eligible ACH shareholder will be rounded down to the nearest whole number. Excess shares, which as a result of this round down will not be allotted, will be issued to and sold by DNB Markets, a part of DNB Bank ASA. The sales proceeds will be given to Aker Horizons, which will give the sales proceeds further to charity.
Advisors
Pareto Securities AS is engaged as financial adviser to ACH and Advokatfirmaet Thommessen AS is acting as legal counsel to ACH. Advokatfirmaet BAHR AS is acting as legal counsel to Aker Horizons.
Investor contact:
Kristoffer Dahlberg, +47 911 24 475, kristoffer.dahlberg@akercleanhydrogen.com
Media contact:
Mathias Nilsen Reierth, +47 988 05 724, mathias.reierth@akerhorizons.com
About Aker Clean Hydrogen
Aker Clean Hydrogen aims to develop, build, own and operate clean hydrogen production on an industrial scale. Aker Horizons is the majority shareholder of the company, and Aker Clean Hydrogen uses domain expertise across the Aker Group, including systems integration, engineering, technology development, project implementation, digitalization and financial optimization to increase efficiency and reduce project costs. The company aims to reach a net installed capacity of 5 GW by 2030, and will make a major contribution to realizing the hydrogen industry and reducing greenhouse gas emissions globally.
IMPORTANT NOTICE
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act.
This announcement is issued for information purposes only and does not form a part of any offer to sell, or a solicitation of an offer to purchase, any securities in any jurisdiction. Neither this announcement nor the information contained herein is for publication, distribution or release, in whole or in part, directly or indirectly, in or into or from the United States (including its territories and possessions, any State of the United States and the District of Columbia), Australia, Canada, Japan, Hong Kong, South Africa or any other jurisdiction where to do so would constitute a violation of the relevant laws of such jurisdiction. The publication, distribution or release of this announcement may be restricted by law in certain jurisdictions and persons into whose possession any document or other information referred to herein should inform themselves about and observe any such restriction. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction.
The securities mentioned herein, including the consideration shares expected to be issued as part of the merger, have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the "US Securities Act"). The securities may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the US Securities Act or in a transaction not subject to the US Securities Act.
Matters discussed in this announcement may constitute forward-looking statements. Forward-looking statements are statements that are not historical facts and may be identified by words such as "believe", "expect", "anticipate", "strategy", "intends", "estimate", "will", "may", "continue", "should" and similar expressions. By their nature, forward-looking statements involve risk and uncertainty because they reflect ACH's current expectations and assumptions as to future events and circumstances that may not prove accurate. A number of material factors could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. No assurance can be given that such expectations will prove to have been correct. The information, opinions and forward-looking statements contained in this announcement speak only as at its date and are subject to change without notice. Neither Aker Clean Hydrogen nor Aker Horizons undertakes any obligation to review, update, confirm, or to release publicly any revisions to any forward-looking statements to reflect events that occur or circumstances that arise in relation to the content of this announcement or otherwise.
Pareto Securities AS is acting exclusively for Aker Clean Hydrogen in connection with the merger and for no one else and will not be responsible to anyone other than Aker Clean Hydrogen for providing the protections afforded to its clients or for providing advice in relation to the merger.
This announcement is for information purposes only and is not to be relied upon in substitution for the exercise of independent judgment. It is not intended as investment advice and under no circumstances is it to be used or considered as an offer to sell, or a solicitation of an offer to buy any securities or a recommendation to buy or sell any securities of Aker Clean Hydrogen or otherwise.
This information was brought to you by Cision http://news.cision.com
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SOURCE Aker Clean Hydrogen | https://www.mysuncoast.com/prnewswire/2022/06/14/aker-clean-hydrogen-update-merger-with-aker-horizons/ | 2022-06-14T05:49:58Z |
Tracking severe weather for late tonight
Damaging winds and flooding are main concerns
TOPEKA, Kan. (WIBW) - After the rain this morning skies have gradually become partly cloudy, but more rain and thunderstorms are likely late this evening through early Monday morning. Thunderstorms will develop first in North-Central Kansas and Nebraska and then slide south and east overnight tonight. The bulk of the sever e weather will be held in North-Central, Central and South-Central Kansas where damaging winds near 70 mph and a low tornado threat are the concerns. Farther east in Northeast and East Kansas, the risk for severe weather is lower, however we could still see damaging winds and even some small hail. Heavy is expected areawide therefore flooding is gong to be a big hazards tonight into Monday morning.
Tonight: Thunderstorms likely between 8pm and 4am. Severe weather is possible, especially west of Highway 75. Lows in the mid 60s. Winds S at 5 to 10 mph.
Monday: Rain ending early in the morning with skies becoming partly cloudy. Highs in the low to mid 80s. Winds NW at 5 to 10 mph.
Storms overnight tonight have the potential to bring heavy rainfall amounts between 1-2″. A flood watch has been issued for portions of Central and Northeast Kansas lasting through Monday morning. After the rain clears out Monday morning, expect skies to gradually clear becoming mostly sunny by the late afternoon/evening for some areas. Temperatures Monday afternoon will climb to the low 80s with northwest winds at 5 to 10 mph.
We are tracking an additional chance for scattered rain and thunderstorms Monday night into Tuesday morning. Some of these storms could be a little strong, but we are not anticipating severe weather at this time. Once again the rain should clear before the daytime on Tuesday leaving skies partly cloudy and temperatures in the upper 70s and low 80s.
The pattern happens again with rain and storm chances Tuesday night into Wednesday morning. Storms at this time could become marginally severe producing some hail and damaging winds, but widespread severe weather is not likely. We may catch a break from rain chances at least on Wednesday and Thursday before chances return Thursday night.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/05/tracking-severe-weather-late-tonight/ | 2022-06-05T21:45:27Z |
Tips for watering the grass
If only maintaining a healthy green lawn was as simple as throwing down some seed and letting the grass take care of itself. The reality is that grass takes careful, consistent maintenance to keep it lush year-round.
A critical part of that care is regular watering. But how long should you water grass? And how often?
Why is it important to water your lawn?
All plants need water, but there is such a thing as too much or too little water. Many species of grass commonly used for lawns are susceptible to under or overwatering.
- Underwatering: Without regular watering, grass begins to die. When this happens, your lawn becomes dry, brown and patchy. While rainfall provides water for your grass, it still needs regular watering in warmer months.
- Overwatering: Too much water also is bad for your grass. When the soil becomes waterlogged, the grass becomes susceptible to disease and can rot.
What to consider for your lawn watering schedule
Soil type
Some soil types are more dense and absorbent than others. This can affect how long the water stays in the soil and how deeply it penetrates.
For example, clay soils retain water, while sandy soil loses moisture more quickly. So sandy soil requires more frequent watering for a shorter duration.
Grass type
There are two main categories of grass: cool-season grasses and warm-season grasses. Different grass types grow at different rates and fall dormant at varying times of the year. So you’ll need to plan your watering schedule around the grass type of your lawn.
- Cool-season grasses: These include bluegrass, fescue and rye. They typically require more water than warm-season grasses. Cool-season grasses usually need around 1 1/2 to 2 inches of water per week during their active season, in spring and fall. But they only need a half-inch per week in summer and, where you can water in the coldest months, in winter.
- Warm-season grasses: These include St. Augustine, Bermuda or centipede grass, and are are active throughout the summer. They require between 1 and 1 1/4 inches of water during the active season and only an eighth of an inch during the winter.
Lawn age
There is a difference in water needs between a newly seeded lawn, a young lawn and a mature, established lawn.
- Newly seeded: Before the seeds germinate, maintain moisture within the top inch of the soil without drowning the seeds. Rather than watering a couple of times a week with a sprinkler, use a spray bottle to mist the grass a couple of times a day.
- Young: Once grass seeds germinate, and the lawn is about 3 inches high, move from daily misting to watering twice a week.
- Mature: These lawns require less frequent watering but for a longer duration, letting the water penetrate the soil without becoming soggy. Watering twice a week for a more extended period lets the water penetrate approximately 6 inches of soil to keep your grass healthy.
Climate and weather
During hot weather, your lawn needs more water to stay healthy. Warmer temperatures and hot sun can dry out the soil and your grass. In contrast, continuing your regular watering scheduling during frequent or heavy rainfall can lead to overwatering.
When in doubt, take a sturdy implement such as a screwdriver and push it gently into the soil. If it easily descends 6 inches into the earth, your lawn receives the right amount of water.
What time of day should you water your lawn?
The best time is when the temperature is cool. If you water when the sun is at its highest, the water can evaporate before it has the chance to sink into the soil. So for best results, water early in the morning, before the temperature rises.
While you can water in the late afternoon, it’s best if the grass is dry before dark. Leaving your lawn damp overnight can let rot set in.
How long should you water your lawn?
Once you’ve assessed the grass, soil and climate to understand how much water your lawn needs per week, it’s time to calculate the right duration and frequency of watering.
First, you need to test how much water your sprinklers distribute per hour. Place several identical containers around your lawn.
The container can be a bucket, plastic container or anything else you can use to collect water. The most important factor is that all containers are the same size.
Next, turn your sprinklers or sprinkler system on for 20 minutes. Then, take a ruler and measure the water depth collected in each container. Calculate the average depth in inches and multiply the average depth by three. This calculation will tell you how many inches of water your sprinklers distribute per hour.
Now, use this measurement to calculate how long you should water your lawn each week. Divide the amount of water your grass needs per week by the hourly output of your sprinklers.
Let’s say your grass needs 1 inch of water per week, and your sprinkler distributes 2 inches of water per hour. This means you need to run your sprinkler for 30 minutes per week.
Many types of grass require watering twice per week. In this instance, you would set a sprinkler timer to run for 15 minutes twice per week.
Lawn watering methods
Garden hose
You can attach a sprinkler nozzle to your garden hose and water the lawn manually for small to moderate-sized yards. Make sure to spread the water evenly over the grass and carefully calculate the watering duration before starting.
Sprinkler system
Sprinkler systems are the easiest method for watering a lawn. Once you’ve calculated the correct duration and frequency for your grass, set the timer accordingly.
What you need to buy for watering your lawn
Aqua Joe Indestructible Zinc Impulse 360-Degree Telescoping Tripod Sprinkler
This elevated tripod sprinkler provides a high level of customization for lawns up to 1,390 square feet. The sprinkler simulates natural rainfall and evenly distributes water throughout the spray area.
Where to buy: Sold by Amazon and Home Depot
Orbit Zinc Impact Sprinkler on Zinc Spike
With this sprinkler, you can adjust the spray for partial or complete coverage. It’s ideal for small lawns with an area of up to 85 square feet. You can also reduce the spray distance to cover the exact area of your lawn.
Where to buy: Sold by Amazon and Home Depot
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/lawn-garden-br/watering-irrigation-br/how-long-should-i-water-my-lawn/ | 2022-06-17T22:15:49Z |
Which nonstick pans are best for cooking?
If you’ve ever tried cooking a new recipe only to have your food stick to the surface of the pan, you might want to consider investing in a nonstick option. The best nonstick pans are great for everything from fish to eggs to pancakes and everything else in between.
While some home chefs prefer stainless steel frying pans, a nonstick pan will make your cleanup much more manageable, reducing the amount of time spent washing dishes. Available in various sizes and styles, there is sure to be a nonstick pan that will suit all of your cooking needs.
Why choose a nonstick pan?
There are several benefits of using nonstick pans that will make your cooking experience more enjoyable. As the name implies, most foods will not stick to the slick surface of your pan. They reduce the risk of burning your ingredients and are perfect for amateur cooks.
Nonstick pans are also significantly easier to wash than stainless steel models, requiring more scrubbing and elbow grease to clean leftover residue.
Many people prefer nonstick pans because they require a much smaller coating of oil or fat, allowing you to cook and serve healthier meals.
Types of coating
Nonstick pans aren’t all the same. With plenty of options on the market, it can be hard to know which type of pan is best for your kitchen habits.
Sol-gel ceramic coating
Most nonstick pans use nontoxic coating from organic materials, producing a safe and convenient way to cook your food. However, pans using this style of coating may not be as durable as others.
PTFE coating
PTFE is the traditional nonstick coating, and this option is widely used in today’s cookware, offering long-lasting nonstick properties. There are some health concerns related to PTFE coatings when misused, damaged or excessively heated. Though certain chemicals, such as PFOA, have been banned, it is still a good idea to replace any flaking or damaged pans that contain a PTFE coating.
Enameled cast iron
Cast iron pans are trusted and reliable cooking vessels. Those with enamel coatings offer a professional nonstick experience but often come with a high price tag.
Anodized aluminum coating
Frying pans made using this process are tough, easy-to-clean and heat food quickly and efficiently. As with other nonstick pans, you’ll want to avoid causing scratches or scrapes in the coating to prevent any issues.
Best small nonstick pans
Copper Chef 8-inch Non-Stick Fry Pan
The ceramic coating used on this pan is not only safe and suitable for all stove types, but the stylish appearance will look great in any kitchen. It is very easy to clean and rinse.
Sold by Amazon
RAVELLI Italia Linea 30 8-inch Non Stick Frying Pan
As a standard option, this relatively inexpensive frying pan’s design evenly heats food so that you can create consistent dishes every time. The handle is heat-resistant so you can move the pan around easily while cooking.
Sold by Amazon
All-Clad B1 Hard Anodized Nonstick 8-Inch and 10-Inch Fry Pans Set
The hard-anodized aluminum construction of this two-piece set won’t warp or bend over time. Plus, they have a stainless steel handle and are safe to use in the dishwasher and oven.
Sold by Bed Bath & Beyond
GreenPan Rio 8-inch & 10-inch Ceramic Fry Pans Set
With a retro mid-century turquoise design, you’ll enjoy displaying these pans when not whipping up your favorite dinner. The handle stays cool to the touch, while the safe ceramic coating eliminates any potential for toxic fumes.
Sold by Amazon and Bed Bath & Beyond
Best mid-sized nonstick pans
Le Creuset 10-inch Toughened Nonstick PRO Fry Pan
Strong and durable, this professional-quality nonstick pan allows you to achieve a perfect sear on your meats and seafood. The 12-inch version is available at Wayfair.
Sold by Amazon
Ninja Foodi NeverStick Premium Hard-Anodized 10 1/4-Inch Fry Pan
Built to never chip or flake, this reliable pan is oven-safe and can handle high heat. You can even use metal cooking utensils without risking damage.
Sold by Amazon
Tramontina 10-inch Professional Aluminum Nonstick Restaurant Fry Pan
Made with NSF-certified commercial grade aluminum, you can cook restaurant-quality meals in the comfort of your own home. Also available in 12-inch and 14-inch versions, this nontoxic pan comes with a lifetime warranty.
Sold by Amazon
Granite Stone Professional Frying Pan Set 10-inch and 11.5-inch
The hard-anodized aluminum is highly wear-resistant, giving you years of peak performance. Gas, electric or induction, these nonstick pans are suitable for any stove style.
Sold by Amazon
COTEY 10 & 12-Inch Frying Pan Set
An excellent eco-friendly option, these frying pans utilize a stone-derived coating, and heat-resistant bakelite handles so you won’t burn your hands when removing the pan from the stove.
Sold by Amazon
Best large nonstick pans
Ailwyn 11” Nonstick Deep Frying Pan
A deep frying pan that’s great for larger meals, this nonstick pan designed in a beautiful blue color also features a convenient silicon-sealed lid. This nonstick pan is easy to hold, durable and heat resistant.
Sold by Amazon
Utopia Kitchen 11 Inch Nonstick Frying Pan
This affordable nonstick pan is a great value option, considering you’ll still get an efficient, scratch-resistant, dishwasher-safe pan for a surprisingly low price.
Sold by Amazon
OXO Good Grips 12-inch Non-Stick Black Frying Pan
A classic black 12-inch frying pan from OXO, this model sports a 3-layer German-engineered coating containing no PFOA and is incredibly easy to clean by hand.
Sold by Amazon, Bed Bath & Beyond and Home Depot
GreenPan Lima 12″ Ceramic Non-Stick Covered Frypan
Another top-rated option from GreenPan, home cooks will appreciate the included lid, which can be helpful when cooking saucy meals or when keeping food warm before serving.
Sold by Amazon
Best nonstick cookware sets
Calphalon Premier Space Saving Nonstick 10 Piece Set
If you’re in the market for premium nonstick cookware, this Calphalon complete set includes both an 8-inch and 10-inch frying pan, as well as various other pots and pans in different sizes. Plus, they effortlessly stack together to reduce cabinet clutter.
Sold by Bed Bath & Beyond
T-fal Ultimate Hard Anodized Nonstick 12 Piece Cookware Set
Constructed from nonstick-reinforced titanium, this complete cookware set features two frying pans, sauce pots, a dutch oven and a spatula and spoon.
Sold by Amazon
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Matthew Young 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/kitchen-br/cookware-br/best-nonstick-pans/ | 2022-07-15T19:04:22Z |
SCHD becomes 1 of 7 nationally accredited local departments in Kansas
TOPEKA, Kan. (WIBW) - The Shawnee County Health Department has become one of seven local departments in Kansas to become nationally accredited.
The Shawnee Co. Health Department says on Thursday, Aug. 25, it was notified that it has been awarded national accreditation through the Public Health Accreditation Board. It said PHAB is a nonprofit organization that administers a stringent national accreditation program with local health departments across the nation who show how they promote and protect the health of the communities they serve.
SCHD noted that PHAB’s mission is to advance and transform public health practices and champion performance improvement, strong infrastructure and innovation.
“We are extremely honored to be recognized by the Public Health Accreditation Board for the amazing work our team does ensuring that Shawnee County is the best place to live, work and play,” said Teresa Fisher, Director of the SCHD. “Becoming accredited is evidence of the continual excellence of our department and I am especially proud of our staff for the time and effort they put in every day. It is because of them that we are able to offer quality and essential public health services to our community.”
The Department indicated that the program, jointly supported by the Centers for Disease Control and Prevention and the Robert Wood Johnson Foundation, sets standards against the nation’s more than 2,000 governmental public health departments to continue to improve the quality of services and performance.
To be accredited, SCHD said a health department is required to undergo a rigorous, multi-faceted, peer-reviewed assessment process to ensure it meets or exceeds quality standards and measures.
“Whenever you see our seal of accreditation, you will know that the Shawnee County Health Department has been rigorously examined and meets or exceeds national standards that promote continuous quality improvement for public health,” Fisher said. “By continuing to improve our services and performance, we can be sure we are meeting the public health needs of those we serve as effectively as possible.”
SCHD said it has become one of more than 300 health departments across the nation accredited by PHAB - including one of seven county health departments in the Sunflower State: Douglas, Johnson, Reno, Riley, Sedgwick and Wyandotte - to achieve national accreditation along with the Kansas Department of Health and Environment and Fort Riley Department of Public Health.
SCHD noted that public health departments play a crucial role in protecting and improving the lives of those in their community. In cities, towns, and states across the nation, health departments provide services to promote healthy behaviors, prevent diseases and injuries, ensure safe resources and prepare for and respond to public health emergencies.
“The Shawnee County Health Department joins the growing ranks of accredited health departments in a strong commitment to their public health mission,” said PHAB President and CEO Kaye Bender, Ph.D., RN, FAAN. “The peer-review process provides valuable feedback to inform health departments of their strengths and areas for improvement, so that they can better protect and promote the health of the people they serve in their communities. Residents of a community served by a nationally accredited health department can be assured that their health department has demonstrated the capacity to protect and promote the health of that community.”
For more information about PHAB, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/25/schd-becomes-1-7-nationally-accredited-local-departments-kansas/ | 2022-08-25T17:46:16Z |
Initiative educates employees and their family members on the importance of preventing opioid misuse and addiction
ITASCA, Ill., June 16, 2022 /PRNewswire/ -- The National Safety Council, America's leading nonprofit safety advocate, and Pacira BioSciences, Inc. (Nasdaq: PCRX), the industry leader in its commitment to non-opioid pain management and regenerative health solutions, today announced the launch of their partnership and the Connect2Prevent program. Connect2Prevent is an innovative employee-family educational program that increases awareness and prevention of opioid addiction.
NSC created a comprehensive curriculum designed to educate employees on the risks associated with opioids and provide them with the tools to have meaningful discussions with adolescent family members. The curriculum includes 10-12 weeks of engaging lessons on opioids, addiction, stigma, risk factors for substance use, refusal skills, harm reduction, how to talk to doctors about opioid alternatives and more. The lessons provide easy-to-understand education, action steps and evidence-based tools to connect and communicate with teens.
"As an organization committed to eliminating the leading causes of preventable death, we recognize the opportunity education presents to curtail the tragic impact of opioid addiction and misuse," said Jenny Burke, vice president of impairment practice at NSC. "We are committed to saving lives by providing information and resources about the risks of opioids and opioid misuse to help employees and their loved ones have thoughtful conversations on this topic. Our partnership with Pacira is a significant step in the right direction toward supporting these efforts."
Connect2Prevent uses a 2Gen approach, giving employees information about opioids and how to communicate and connect with their teens. The program has the potential to impact families across generations. Connect2Prevent supports employees and their families through this curriculum and incorporates input and ideas provided by teens for how the adults in their lives can talk with them about this important topic into the lessons.
"Children who use prescription opioids before 12th grade have a 33% higher risk of opioid misuse as an adult," said Dave Stack, chief executive officer and chairman of Pacira BioSciences, Inc. "Education is a critical component in the fight against the opioid crisis, and raising awareness to the availability of non-opioid options to treat both acute and chronic pain is central to the Pacira mission to improve patient care."
The program will be piloted this summer, with participants receiving weekly lessons. Each lesson includes educational information, action steps and ways to connect and communicate with teens, including evidence-based motivational interviewing strategies. Pilot participants will have the opportunity to review and provide feedback on the program before it is launched publicly in 2023.
The National Safety Council is America's leading nonprofit safety advocate–and has been for more than 100 years. As a mission-based organization, we work to eliminate the leading causes of preventable death and injury, focusing our efforts on the workplace, roadway and impairment. We create a culture of safety to not only keep people safer at work, but also beyond the workplace so they can live their fullest lives.
Connect with NSC:
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Pacira BioSciences, Inc. (Nasdaq: PCRX) is committed to providing a non-opioid option to as many patients as possible to redefine the role of opioids as rescue therapy only. The company is also developing innovative interventions to address debilitating conditions involving the sympathetic nervous system, such as cardiac electrical storm, chronic pain, and spasticity. Pacira has three commercial-stage non-opioid treatments: EXPAREL® (bupivacaine liposome injectable suspension), a long-acting local analgesic currently approved for infiltration, fascial plane block, and as an interscalene brachial plexus nerve block for postsurgical pain management; ZILRETTA® (triamcinolone acetonide extended-release injectable suspension), an extended-release, intra-articular injection indicated for the management of osteoarthritis knee pain; and iovera°®, a novel, handheld device for delivering immediate, long-acting, drug-free pain control using precise, controlled doses of cold temperature to a targeted nerve. To learn more about Pacira, including the corporate mission to reduce overreliance on opioids, visit www.pacira.com.
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SOURCE National Safety Council | https://www.mysuncoast.com/prnewswire/2022/06/16/national-safety-council-pacira-biosciences-partner-launch-an-employee-based-program-focused-opioid-use-misuse/ | 2022-06-16T12:47:27Z |
TERRE HAUTE, Ind. (WXIN/WTWO) — Three Indiana State University students died in a crash Sunday morning, the university announced.
According to Terre Haute Police, there were five people total in the car. All passengers are believed to be ISU students, including some football players.
“This is a terrible tragedy,” ISU President Dr. Deborah J. Curtis said. “As we are waiting on additional details from authorities investigating this accident, our hearts go out to the families and friends of the students involved.”
According to the Vigo County Sheriff’s Department, deputies responded to the crash around 1:34 a.m. on State Road 46 at Main Street in Riley, about 70 miles southwest of Indianapolis. Results of the initial investigation showed the vehicle left the roadway and struck a tree before catching on fire, Nexstar’s WTWO reports.
Two passengers were able to be freed from the vehicle and were transported to a nearby hospital for treatment of serious injuries.
“Unfortunately, the driver and two other occupants were pronounced deceased on the scene,” Sheriff John Plasse said.
Authorities have not yet identified those involved in the crash.
ISU women’s soccer game originally set for Sunday is being rescheduled due to the crash. | https://cw33.com/news/nexstar-media-wire/indiana-state-university-football-players-among-victims-in-deadly-crash/ | 2022-08-21T21:27:13Z |
Russian ambassador to Poland hit with red paint at war cemetery
WARSAW, Poland (AP) — Russia’s ambassador to Poland was splattered with red paint thrown at him by protesters opposed to the war in Ukraine, preventing him from paying respects on Monday at a Warsaw cemetery to Red Army soldiers who died during World War II.
Russian Foreign Ministry spokeswoman Maria Zakharova denounced the attack, saying that “we won’t be scared” while the “people of Europe should be scared to see their reflection in a mirror.”
Polish Foreign Minister Zbigniew Rau described the incident as “highly deplorable.”
“Diplomats enjoy special protection, regardless of the policies pursued by the governments that they represent,” he said.
Ambassador Sergey Andreev arrived at the Soviet soldiers’ cemetery to lay flowers on Victory Day, which marks the defeat of Nazi Germany by the Allies. The major Russian patriotic holiday was celebrated with pomp in a parade at Red Square in Moscow.
As he arrived at the Soviet Military Cemetery in the Polish capital, Andreev was met by hundreds of activists opposed to Russia’s war in Ukraine. Red paint was thrown from behind at him before a protester standing beside him threw a big blob of it in his face.
The protesters carried Ukrainian flags and chanted “fascists” and “murderers” at him, while some were dressed in white sheets smeared with red, symbolizing the Ukrainian victims of Russia’s war. Other people in his entourage were also seen splattered with what appeared to be red paint.
Zakharova said that “admirers of the neo-Nazis have once again shown their face.” She said that along with the removal of monuments to Soviet army World War II heroes, the attack reflected the “course for the reincarnation of fascism.”
Some Russian commentators suggested that the attack on the ambassador could prompt Moscow to recall him and ask the Polish ambassador to leave Russia.
The Polish government faced some criticism for not providing the ambassador with more security, allowing for an incident to occur that Russia could use to depict Poland as hostile to Moscow.
Among the critics was a former interior minister, Bartlomiej Sienkiewicz, who said he couldn’t understand why there wasn’t more protection for the ambassador when for weeks “you could feel how May 9 could end in Warsaw.”
Poland’s current interior minister, however, said Poland’s government opposed the ambassador against laying a wreath at the cemetery, and noted that police helped him to safely leave the scene. The ambassador had originally hoped to hold a Victory Day march in Warsaw, but national and city authorities opposed that — and some viewed his appearance at the cemetery as provocative.
“The gathering of opponents of Russian aggression against Ukraine, where the crime of genocide takes place every day, was legal,” Interior Minister Mariusz Kaminski added. “The emotions of Ukrainian women taking part in the demonstration, whose husbands are fighting bravely in defense of their homeland, are understandable.”
Protesters also marched in Warsaw on Sunday evening to protest the war, bringing a tank on a tractor and parking it in front of the Russian Embassy. Since the war began on Feb. 24, images of Ukrainian tractors hauling off Russian tanks have been symbols of Ukrainian resistance.
The Soviet cemetery is set amid a vast park on the route linking the downtown to the international airport. It is the final resting place of more than 20,000 Red Army soldiers who perished on Polish soil fighting while helping to defeat Nazi Germany.
While Poland has removed some monuments to the Red Army in the decades since it threw off Moscow-backed communist rule, it has allowed the cemetery to remain undisturbed. Though Soviet soldiers defeated the Nazis, earlier in the war the Soviet forces had invaded Poland following a secret agreement with the German Nazi government, and carried out atrocities against Poles, including mass executions and deportations to Siberia.
___
Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/05/09/russian-ambassador-poland-hit-with-red-paint-war-cemetery/ | 2022-05-09T20:16:35Z |
Police: Girl, 10, fatally shot neighbor her mom was fighting with
ORLANDO, Fla. (WFTV) - A Florida woman is facing manslaughter charges after police say her 10-year-old daughter shot and killed a neighbor with whom her mother got into a fight.
Friends and neighbors say 41-year-old Lashun “Bones” Rodgers was grilling out, celebrating Memorial Day at her apartment. They say 31-year-old Lakrisha Isaac was drunk and slapped Rodgers, who hit Isaac back.
Police say the two women began fighting, and Isaac handed a bag with a gun in it to her 10-year-old daughter. The girl allegedly pulled out the weapon and shot Rodgers twice, killing her.
Isaac is facing multiple charges, including manslaughter by culpable negligence and child neglect. She is in jail without bond.
Meanwhile, her daughter is in the care of the Department of Children and Families. The state attorney’s office is deciding whether to charge her.
Family and friends say Rodgers was known for giving neighborhood kids money and loved by her daughter and grandchild, who just had open heart surgery.
“Bones giving, loving. Bones will give you the shoes and the shirt off her back, literally. I’ve seen her do it,” said Rodgers’ best friend, Stacey Johnson. “And she kept you laughing. Her humor… Oh my God, her spirit was awesome.”
Those left with just Rodgers’ memory say the 10-year-old accused of shooting her needs help, and they want her locked up.
Copyright 2022 WFTV via CNN Newsource. All rights reserved. | https://www.wibw.com/2022/06/01/police-girl-10-fatally-shot-neighbor-her-mom-was-fighting-with/ | 2022-06-01T06:37:09Z |
CHICAGO, April 5, 2022 /PRNewswire/ -- Winston & Strawn Partner and Presidential Nominee Kathi Vidal has been confirmed by the United States Senate as Undersecretary of Commerce for Intellectual Property and as Director of the United States Patent and Trademark Office (USPTO). Kathi will lead the USPTO's 13,000+ employees and its nearly $4 billion budget. She will also serve as the principal advisor to the President of the United States and the administration, through the Secretary of Commerce, on all intellectual property policy matters.
Kathi served as Managing Partner of Winston & Strawn's Silicon Valley office and served on the firm's Executive Committee. One of the country's leading patent litigators, Kathi is nationally recognized for leading and trying high-profile technology- and medical device-focused patent and other intellectual property disputes on behalf of leading companies, small to medium-size companies, and startups. Her work encompasses district court and ITC litigation as well as litigation before the USPTO (specifically, the Patent Trial and Appeal Board) and appeals to the Federal Circuit and Supreme Court. She has also worked to protect U.S. innovation in cross-border disputes and has been involved in policy development in the standard-setting space.
"We congratulate Kathi on her confirmation and wish her the very best in this essential role driving innovation and energizing the global economy," said Winston Chairman Tom Fitzgerald. "We are proud of the exceptional work Kathi has done to assist our clients and to advance the profession at large. We will miss her tremendous contributions to those clients and to our firm. As Undersecretary and USPTO Director, I have no doubt Kathi will apply her tireless dedication, ingenuity, and vision to driving the country forward."
"I have seen our intellectual property system at its best: incentivizing research and development that leads to new technologies and improvements to existing technology," said Kathi when testifying before the Senate. "I have also seen that we can do better—that we can work together to build an intellectual property system that is more predictable, reliable, and transparent." Kathi noted that she is "prepared for the challenges we face" and is committed to strengthening our intellectual property system to become one "in which the American people and our inventors, creators, and investors will have even more confidence."
At Winston & Strawn, Kathi represented both plaintiffs and defendants and demonstrated a deep understanding of the points of view of stakeholders on intellectual property issues.
"She (Kathi) clerked on the U.S. Court of Appeals for the Federal Circuit and has spent 25 years as an intellectual property litigator in private practice," said California Senator Diane Feinstein during Kathi's Senate confirmation hearing. "It is very clear to me that she has a very deep knowledge of intellectual property law and the important work conducted the USPTO. This will truly serve her well."
"With her background as an engineer and a patent lawyer, Kathi is no stranger to diversity and inclusion challenges in our innovation ecosystem," said California Senator Alex Padilla during the hearing. "In private practice, Kathi has championed efforts to improve the diversity of law firms, especially at the intersection of law, technology, and regulatory policy. She has also founded the Next Generation Lawyers initiative to advocate for training and opportunities for junior lawyers. Throughout her career, Kathi has developed a reputation for thoughtful and insightful decision-making, and I know that these qualities will serve her well as director of the USPTO."
"The arrival at the USPTO of Kathi Vidal provides a basis for some hope that the coordination between the USPTO and the Federal Circuit will get much better," said Paul R. Michel, retired Chief Judge of the Federal Circuit.
Outside of the law, in addition to being a mother of two boys, Kathi is a member of Fortune's Most Powerful Women and sat on numerous boards, including SuperPhone (a smart-texting startup), ChIPs (women in policy, law, and technology), and Cinequest (the Silicon Valley Film Festival). Kathi regularly works to advance diversity and equality and mentors women from underdeveloped countries through the State Department's mentorship program. She is an avid photographer whose works have appeared in magazines and advertisements. Kathi is also a perpetual athlete who has played NCAA and USVBA volleyball, run numerous marathons, and won the Northeast Region of the United States crew regatta.
Winston & Strawn partners have a proud and long-standing tradition of accepting leading roles in public service—the most recent being the appointment of Partner Julissa Reynoso as Chief of Staff to First Lady Dr. Jill Biden, and her more recent nomination to be the Ambassador to Spain and Andorra, and the nomination of former Partner Thomas Kirsch to serve as Circuit Judge on the U.S. Court of Appeals for the Seventh Circuit.
Kathi received her B.S. from Binghamton University in 1990 and her M.S. in electrical engineering from Syracuse University in 1992. She received her J.D. from the University of Pennsylvania Carey Law School in 1996, where she was editor-in-chief of the University of Pennsylvania Law Review.
Winston & Strawn LLP is an international law firm with 15 offices located in North America, South America, Asia, and Europe. More information about the firm is available at www.winston.com.
Contact:
Michael Goodwin
mgoodwin@stantonprm.com
646-502-3595
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SOURCE Winston & Strawn LLP | https://www.kxii.com/prnewswire/2022/04/06/winston-amp-strawn-partner-kathi-vidal-confirmed-undersecretary-commerce-intellectual-property-director-united-states-patent-trademark-office/ | 2022-04-06T10:10:17Z |
AT&T rolls out location service upgrade to 911 callers
TOPEKA, Kan. (WIBW) - AT&T has started to roll out an upgrade to 911 services which will allow first responders to get a more accurate location of a caller.
AT&T, the wireless company, says it has rolled out a first-of-its-kind upgrade to 911 services in Kansas to make it easier for emergency services to find and send help to those who call 911 from a cellphone.
AT&T said the new “Locate Before Route” feature started to launch across the country during the week of May 9. The service uses GPS instead of cell towers to give responders a more precise location for those who call 911 from a mobile device.
The wireless company said the technology will help narrow down the location of any AT&T customer.
Previously based on cell towers, AT&T said the location was only known within a several-mile radius, but now it said GPS will hone in to within about 55 yards for customers. It said with a better location, first responders can get to an emergency faster.
AT&T said the new location-based routing service is only available on the AT&T network. It said it will automatically work on mobile 911 calls for customers throughout the Sunflower State and is expected to be available nationwide by the end of June.
For more information about AT&T, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/10/att-rolls-out-location-service-upgrade-911-callers/ | 2022-05-10T16:26:30Z |
SALADO — Salado has been named a Music Friendly Community by the Texas Music Office, a state designation that seeks to foster music-related economic development.
Village officials will celebrate the designation with live music at 5:30 p.m. Tuesday at the outdoor pavilion at Shady Villa Hotel, 416 S. Main St.
Mayor Michael Coggin will be presented with the designation by TMO Community Relations and Outreach Specialist Chip Adams, according to a news release.
Salado joins more than 30 other Texas cities — including Dallas, Fort Worth, Austin, and San Antonio — that have received the Music Friendly Community designation.
“The village is eager to embrace the title of being a Music Friendly Community and further strengthen Salado’s music industry by connecting and supporting musicians, songwriters, venues, and vendors,” Stacey Ybarra, Salado assistant village administrator, said. “Music industry stakeholders, the Salado Music Friendly Community Advisory Board, and the village of Salado are excited to work closely together to address opportunities and challenges to promote an already well established local music industry, attract statewide talent, and entice visitors from all over to relax and enjoy the captivating sounds of Salado!”
Through the Music Friendly Community program, the Texas music industry created more than 210,000 direct and indirect permanent jobs across the state and generated $27.3 billion in economic activity in the pre-pandemic year of 2019.
The Salado designation will help the city with economic development, officials said.
“As a venue owner and board member, I am excited for the potential to create partnerships with other Music Friendly Communities in the state,” said Barrow Brewery co-owner K.D. Hill, a board member of the Salado Music Friendly Community Advisory Board. “If this designation can help increase the diversity of musicians performing here and opportunities for all musicians within the village of Salado, it will be a great thing for the community.”
To learn more about the Texas Music Friendly Community program, visit gov.texas.gov/music/page/music-friendly-communities. | https://www.tdtnews.com/news/business/article_cf0a0a8a-eb62-11ec-9a7a-47643b251193.html | 2022-06-13T23:02:24Z |
WASHINGTON, Sept. 12, 2022 /PRNewswire/ -- Students from Georgia and Illinois will have the opportunity this week to hear from astronauts aboard the International Space Station. The two space-to-Earth calls will air live Tuesday, Sept. 13, and Thursday, Sept. 15, on NASA Television, the NASA app, and the agency's website.
NASA astronaut Bob Hines and ESA (European Space Agency) astronaut Samantha Cristoforetti will answer prerecorded questions from students across Chicago at 10:15 a.m. EDT Tuesday, Sept. 13, as part of Junior Achievement of Chicago's Space Week, which provides students with an authentic look at living and working in space. The organization partners with schools to empower students and give them tools for financial success. Media interested in covering the event should contact Lindsey Palaschak at: lpalaschak@jachicago.org or 219-677-8902.
NASA astronaut Kjell Lindgren will answer prerecorded questions from students at Franklin County High School in Carnesville, Georgia, at 10:40 a.m. Thursday, Sept. 15. The downlink is part of a series of career events encouraging students to consider STEM careers and explore how non-aerospace industries support NASA missions. Media interested in covering the event should contact Andrew Fowler at: Andrew.fowler@franklin.k12.ga.us or 706-384-4525.
For more than 21 years, astronauts have continuously lived and worked aboard the space station, testing technologies, performing science, and developing the skills needed to explore farther from Earth. Astronauts living in space aboard the orbiting laboratory communicate with NASA's Mission Control Center in Houston 24 hours a day through the Near Space Network Tracking and Data Relay Satellites (TDRS).
Through Artemis, NASA will send astronauts to the Moon to prepare for future human exploration of Mars. Inspiring the next generation of explorers – the Artemis Generation – ensures America will continue to lead in space exploration and discovery.
See videos and lesson plans highlighting research on the International Space Station at:
https://www.nasa.gov/stemonstation
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SOURCE NASA | https://www.wibw.com/prnewswire/2022/09/13/georgia-illinois-students-hear-space-station-astronauts/ | 2022-09-13T02:22:11Z |
Amber Alert issued for Ohio girl reportedly abducted by stepbrother
(Gray News) - An Amber Alert has been issued for a missing 12-year-old child reportedly abducted by her stepbrother.
The incident took place in Cuyahoga County, Ohio, on State Route 82 and Deer Creek Drive in the city of North Royalton.
Police say Tessa Kozelka left with her “boyfriend” Micey Stiver on Monday, April 4, at 2 a.m.
Tessa is described as a white female, standing 5 feet 2 inches tall and weighing about 100 pounds. She has hazel eyes and black hair.
She was last seen wearing a red hooded sweatshirt with black writing on it. She has a 50-cent piece size birthmark on her right leg.
Police say Micey Stiver, also her stepbrother, is a 23-year-old white male, standing 5 feet 8 inches tall and weighing 170 pounds. He has blue eyes and black hair.
They are reportedly driving in a gray 2012 Ford Focus with Ohio registration N697141.
Anyone with information should call 911 or 1-877-262-3764.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/04/05/amber-alert-issued-ohio-girl-reportedly-abducted-by-stepbrother/ | 2022-04-06T05:55:25Z |
Federal investigators look into fatal Missouri Amtrak accident
MENDON, Mo. (AP) — Investigators with the National Transportation Safety Board were in Missouri Tuesday trying to determine how an Amtrak train carrying more than 200 people slammed into a dump truck, killing two train passengers and the truck driver.
Amtrak’s Southwest Chief was traveling from Los Angeles to Chicago Monday afternoon when it struck a dump truck and derailed at the crossing near Mendon. It wasn’t immediately clear how many people were hurt but hospitals near the western Missouri accident scene reported receiving more than 40 patients from the crash.
The Missouri State Highway Patrol said the train was carrying about 207 passengers and crew, but Amtrak said in a statement there were 275 passengers and 12 crew. The disparity could not immediately be resolved.
The collision derailed seven cars, according to the Missouri State Highway Patrol. The truck was broken into pieces.
The crossing in a rural area about 84 miles northeast of Kansas City has no lights or other signals to warn of an approaching train, and local residents have complained that the overgrowth of brush and the steep incline from the road to the tracks makes it hard to see oncoming trains from either direction.
Rob Nightingale of Taos, New Mexico, said he was dozing off in his sleeper compartment when the lights flickered and the train rocked back and forth.
“It was like slow motion. Then all of a sudden I felt it tip my way. I saw the ground coming toward my window, and all the debris and dust,” Nightingale told The Associated Press. “Then it sat on its side and it was complete silence. I sat there and didn’t hear anything. Then I heard a little girl next door crying.”
Nightingale was unhurt, and he and other passengers were able to climb out of the overturned train car through a window.
It’s too early to speculate on why the truck was on the tracks, NTSB Chairwoman Jennifer Homendy said. Trains won’t be able to run on the track for “a matter of days” while they gather evidence, she said.
Mike Spencer, who grows corn and soybeans on the land surrounding the intersection a couple of miles southwest of Mendon, said everyone in the small community understands the intersection is dangerous, especially for those driving heavy, slow farm equipment.
Spencer said he had contacted state transportation officials, Chariton County commissioners and BNSF Railway, which owns the track, about the potential danger. Spencer, who is on the board of a local levee district, said the dump truck driver was hauling rock for a levee on a local creek, a project that had been ongoing for a couple days.
Messages left Tuesday with Chariton County commissioners were not immediately returned.
Passenger Dian Couture was in the dining car with her husband celebrating their 40th wedding anniversary when she heard a loud noise and the train wobbled and then crashed onto its side.
“The people on our left-hand side flew across and hit us, and then we were standing on the windows on the right-hand side of the car,” Couture told WDAF-TV. “Two gentlemen in the front came up, stacked a bunch of things and popped out the window and literally pulled us out by our hands.”
Passengers included 16 youths and eight adults from two Boy Scout troops who were traveling home to Appleton, Wisconsin, as well as high school students from Pleasant Ridge High School in Easton, Kansas, who were headed to a Future Business Leaders of America conference in Chicago.
It was the second Amtrak collision in as many days. Three people in a car were killed Sunday afternoon when an Amtrak commuter train smashed into it in Northern California, authorities said.
People have been injured or killed in at least six other accidents involving Amtrak trains since 2015. Last year, three people died and others were injured when an Amtrak derailed in north-central Montana as it traveled from Chicago to Seattle.
Amtrak is a federally supported company that operates more than 300 passenger trains daily in nearly every contiguous U.S. state and parts of Canada. The Southwest Chief takes about two days to travel from Los Angeles to Chicago, picking up passengers at stops in between.
___
Associated Press reporters Margaret Stafford in Liberty, Missouri; Stephen Groves in Sioux Falls, South Dakota; Grant Schulte in Omaha, Nebraska; Steve Karnowski in Minneapolis; and Jim Salter in O’Fallon, Missouri, contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/28/ntsb-investigators-look-into-fatal-missouri-amtrak-accident/ | 2022-06-28T16:34:30Z |
Woman, others rush to save inmates trapped in overturned van
By Marissa Sulek
Click here for updates on this story
NASHVILLE, Tennessee (WSMV) — A Clarksville woman said she didn’t think twice when she rushed to pull people from an overturned van on Interstate 40.
The Tennessee Highway Patrol said eight people were inside, including six inmates.
Troopers said the bus was traveling west on I-40 when a tire blew out. The driver veered off the road, hit a guard rail, and tumbled down a hill.
Drivers stuck in traffic on I-40 Wednesday may not have know what happened. Rebekah Saville of Clarksville saw it all unfold.
“It wasn’t something I’d ever seen before,” Saville said.
She said she heard prisoners inside the van yelling. She said they were shackled, behind a cage, but she didn’t care.
“They were people, they were hurt, and they needed help,” she said.
Saville said she and three others called 911 then rushed to save those onboard.
“It was just a lot of chaos,” Saville said. “People’s stuff being thrown out of the van, people looking for their cell phones saying, ‘I need to call so and so.’”
She said some inside couldn’t find a way out.
“The female guard that was there, she was a passenger, and the van was laying on its side,” Saville said. “We pulled the windshield off to help her get out.
“I don’t even know her name. We just talked about her kids and her family and just tried to keep her calm and awake and that kind of thing.”
Saville said EMS arrived, the interstate shut down, and three helicopters took three people to the hospital. Others left in an ambulance.
“There was one guy they had to wait for the fire department and jaws of life to get him out,” Saville said.
The van was pulled out of the ditch Wednesday afternoon. THP said six people on the bus were injured, but Saville knows it could have been worse.
“I just thank the other people that stopped too,” Saville said. “There were several of us there, so we were able to work together to get things done more quickly. None of us exchanged names, so I don’t know who they were.”
The Tennessee Highway Patrol said both the driver and the guard in the passenger seats did not have seatbelts on when the van crashed.
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/2022/04/21/woman-others-rush-to-save-inmates-trapped-in-overturned-van/ | 2022-04-21T23:28:50Z |
Animal cruelty: Dog found muzzled with legs duct-taped at church
PHOENIX (Arizona’s Family/Gray News) - Arizona authorities are investigating an animal cruelty case where a dog was found in poor health at a church.
Arizona’s Family reports officers found the dog at a church in the north Phoenix area with a muzzle and its front legs duct-taped.
Officials said they weren’t immediately sure if the dog was a stray or had an owner.
Phoenix police contacted the Arizona Humane Society, which sent one of its investigators to the scene.
A spokesperson for the organization said the animal was a 2-year-old Bernese mountain dog mix that was found in distress.
Authorities said the dog was taken to the Humane Society’s Second Chance Animal Trauma Hospital for immediate care. She was dehydrated and had an elevated temperature.
According to officials, the dog’s prognosis was considered guarded.
The organization reports investigators are called to more than 6,600 animal cruelty calls yearly.
Copyright 2022 Arizona’s Family Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/28/animal-cruelty-dog-found-muzzled-with-legs-duct-taped-church/ | 2022-07-28T02:36:28Z |
It’s the complexity, stupid!
With no apologies to James Carville for paraphrasing his maxim, there is nothing mysterious about inflation. Inflation is simply the government (any government) introducing money (more money!) into the economy. When the Biden administration made a journal entry into the national general ledger inflating the money supply by $3.1 trillion that sum is inflation.
There is nothing definitional to add. That $3.1 trillion is inflation. The government would have us believe otherwise. No, there is nothing more. We’re just waiting for the ink to dry. If I do the same thing it’s called counterfeiting (a criminal offense) but if the government does it the name for it is inflation. Just means our kids and grandkids will pay it.
The complexity referenced herein is a subsidy to the tax preparation industry. Let’s simplify the Internal Revenue Code and just get rid of this “industry.”
If I do what the government is doing it’s called counterfeiting. We could experiment with this idea by turning off the air conditioning in Washington, D.C.
Glenn Dippel, CPA
Temple | https://www.tdtnews.com/news/letters_to_the_editor/article_752b07f4-1da7-11ed-a856-db9edb8024d0.html | 2022-08-17T11:34:36Z |
ATLANTA, Sept. 2, 2022 /PRNewswire/ -- Graitec, global BIM and modeling experts dedicated to empowering construction and manufacturing professionals to digitize and industrialize their processes, is excited to announce that Scott McMaster is joining as Executive Vice-President, North America. In addition, he will serve as a member of the corporate Graitec Group Executive Committee.
Formerly Managing Director with NTT Cloud Communications Americas, McMaster brings a dynamic and results-oriented leadership approach to the newly expanded Graitec Group in North America. As an international executive with over 20 years of experience leading and developing teams in the B2B sector, McMaster will help build on the strengths of Applied Software and Graitec, to devise strategic capabilities and high-performance teams to drive better business outcomes for our clients.
Manuel Liedot, Graitec CEO, said, "Graitec is a leader in helping customers across the construction and manufacturing value chain transform their business, from innovation to digitalization to industrialization. Scott will guide our efforts in North America to be the 'feet on the street', providing value and helping customers' overcome business challenges and transform how they operate."
"As partners with our Graitec customers, we bring additional value to their business journey," McMaster said August 24 during the Graitec/Applied Software ONE Event in Atlanta, GA. "The depth of software and service solutions offered with the combined portfolio of Graitec and Applied Software establishes value that will transform our customers' journey. I am excited to be part of this truly exceptional team to help expand the future growth of Graitec and help build a sustainable tomorrow."
On April 13, 2022, Applied Software became the newest member of the worldwide Graitec Group, which serves customers from offices in 14 countries and in 9 languages.
Applied Software, a full-service premier systems integrator for AEC, MEP, fabrication, and manufacturing companies, is on a mission to transform industries by empowering clients and championing innovation with real-world expert consultants. With a broad range of world-class solutions, services and training, Applied, now part of the worldwide Graitec Group, has been helping clients achieve a competitive advantage since 1982. For more information visit www.asti.com.
For more information: Todd Weyandt
tweyandt@asti.com
404.534.1843
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SOURCE Applied Software | https://www.mysuncoast.com/prnewswire/2022/09/02/graitec-group-applied-software-welcome-scott-mcmaster-evp/ | 2022-09-02T17:32:56Z |
PITTSBURGH, May 26, 2022 /PRNewswire/ -- "I wanted to create a device that would help prevent the airborne spread of viruses, such as Covid-19, and to make it more convenient for small businesses and gatherings to take place," said an inventor from Spanaway, Wash. "my invention will help to limit the spread of the present viral infection crisis and help to circulate air inside an otherwise-stagnant room."
This patent-pending portable device is designed to cleanse and purify the air. In doing so, it prevents the spread of infectious disease and illnesses. As a result, it helps to improve air circulation throughout the interior to avoid stuffy conditions. The invention is easily maintained, reliable, effective and is ideal for use by all businesses, restaurants, stores, churches, class rooms, hospitals and other facilities.
The original design was submitted to the Seattle sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-FED-2373, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/05/26/inventhelp-inventor-develops-portable-air-sanitizer-amp-circulator-fed-2373/ | 2022-05-26T16:30:02Z |
LogistiVIEW's Vision+ picking Enables M400 for Advanced Warehouse Operations
ROCHESTER, N.Y., July 5, 2022 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, with their ISV (Independent Software Vendor) LogistiVIEW Inc, today announced that they have received and begun delivering a follow-on smart glasses order valued at over $350,000 for a large US multinational retailer to support their warehousing and logistics needs. Sizable further follow-on orders are anticipated as rollouts successfully continue, according to the customer. This customer represents the Company's latest of four Fortune 100 retailers that are using Vuzix smart glasses.
Global supply uncertainties, disruptions, and inflationary forces are forcing companies of all sizes to better manage their supply chains. Attaining new productivity levels for inventory management and order fulfillment is a distinct competitive advantage. Smart glasses are becoming a cost-effective tool to facilitate these objectives and an increasing number of the world's largest firms are moving to deploying them.
"Vuzix and LogistiVIEW have spent years of time and resources honing this technology and software solution and we are now seeing a growing market adoption that is allowing companies to operate with greater productivity. LogistiVIEW's Vision+ solution running on the M400 delivers the efficiencies these companies need in today's challenging environments, and we expect warehousing and logistics to remain one of our most exciting market verticals," said Paul Travers, President and Chief Executive Officer at Vuzix.
"LogistiVIEW Vision+ picking software running on the M400 delivers all day support for the user and significant ROIs while practically eliminating picking errors. The combined solution is one of the best, if not the best, augmented reality vision picking solution on the market," said Seth Patin, CEO & Founder, LogistiVIEW Inc.
About LogistiVIEW
LogistiVIEW believes in the untapped power of the connected workforce and creates technology that improves operational productivity and job satisfaction for workers in manufacturing, logistics, and retail. Our cloud-based software automation platform orchestrates frontline work execution and leverages the power of modern industrial mobile computers to connect people with augmented reality, artificial intelligence, existing information systems, connected sensors, and collaborative robots. For more information, please visit logistiview.com.
About Vuzix Corporation
Vuzix is a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 246 patents and patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2022 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, and Tokyo, Japan. For more information, visit the Vuzix website, Twitter and Facebook pages.
Forward-Looking Statements Disclaimer
Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix Smart Glasses, our business relationship with our Fortune 100 customer, potential for future orders and broader deployments, and among other things the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.
Vuzix Media and Investor Relations Contact:
Ed McGregor, Director of Investor Relations,
Vuzix Corporation
ed_mcgregor@vuzix.com
Tel: (585) 359-5985
Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com
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SOURCE Vuzix Corporation | https://www.kxii.com/prnewswire/2022/07/05/vuzix-receives-follow-on-volume-order-smart-glasses-further-support-logistics-operations-fortune-100-retailer/ | 2022-07-05T14:44:57Z |
A look at what’s happening around the majors today:
___
MAKE YOUR PITCH
A pair of Cy Young Award winners are on the mound when Corbin Burnes and the Milwaukee Brewers visit Blake Snell and the San Diego Padres in a matchup between two of the National League’s top teams.
Last year’s NL Cy Young winner, Burnes is 1-2 with a 2.26 ERA in eight starts. Snell, who won the AL prize in 2018, made his season debut last Wednesday after returning from a groin injury and lasted 3 2/3 innings in a 3-0 loss at Philadelphia.
Milwaukee placed starter Freddy Peralta on the 15-day injured list Monday with a right lat strain and put All-Star closer Josh Hader on the family medical emergency list. The moves came as the Brewers began an 11-game, 10-day road trip, their longest of the season.
Milwaukee manager Craig Counsell said Hader will miss the entire three-game series to be with his wife, who is expecting their first child.
“Josh’s wife has had complications with her pregnancy and they’re at a stage where Josh did not feel comfortable leaving,” Counsell said Monday.
SOX STORY
Trevor Story and the resurgent Red Sox try for their season-best sixth straight win when they hit the road to face the Chicago White Sox in a matchup of 2021 AL playoff qualifiers. Nick Pivetta (2-4, 4.22 ERA) starts for Boston against Dylan Cease (4-1, 3.09) in the opener of a three-game series.
Story, the reigning AL player of the week, had five homers and 13 RBIs in a four-game sweep of Seattle at Fenway Park last weekend.
Tim Anderson and the White Sox are coming off a doubleheader sweep Sunday at Yankee Stadium.
SUNSHINE STATE RIVALRY
Miami Marlins right-hander Pablo López (4-1, 1.57) brings his NL-best ERA into an interleague matchup with lefty Shane McClanahan (3-2, 2.33) and the Tampa Bay Rays.
The two Florida cities just faced off on the ice as well — the two-time defending Stanley Cup champion Tampa Bay Lightning closed out a four-game sweep of the Florida Panthers in their NHL playoff series Monday night.
RETURN OF THE NOT-SO-ANCIENT MARINER
Seattle is optimistic 2020 AL Rookie of the Year Kyle Lewis is ready to rejoin the big league club.
Mariners manager Scott Servais said Monday that Lewis was on his way to Seattle to be examined by the team’s medical staff with the hope he would be activated Tuesday.
The 26-year-old Lewis was limited to 36 games last season due to a knee injury. Initially, the Mariners thought Lewis would be ready at the start of spring training, but his recovery was slowed and Lewis just completed a 20-day rehab stint at Triple-A Tacoma. He was the designated hitter for nearly every game and would likely step into that role with the Mariners.
“Doesn’t mean he won’t get back in the outfield at some point this year, but for where we’re at right now and his anxiousness to get back and be a contributor here, thought it was best to try and get him to fill the DH spot as quick as we could,” Servais said.
CATCHING CARDS
The Cardinals will be without veteran catcher Yadier Molina again when they take on Kevin Gausman (3-3, 2.52 ERA) and the Toronto Blue Jays in the finale of a two-game interleague series.
St. Louis, which has won four straight, placed Molina on the bereavement list Monday and announced that right-hander Alex Reyes will have shoulder surgery later this month.
The 39-year-old Molina must miss at least three games and a maximum of seven. He is batting .239 with two homers and eight RBIs in 26 games in what likely will be his final big league season.
His son injured his arm playing baseball in Puerto Rico and was expected to have surgery Tuesday morning.
Rookie catcher Iván Herrera was recalled from Triple-A Memphis. The 21-year-old Herrera is one of the organization’s top prospects.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/leading-off-cy-young-matchup-in-sd-story-powers-sox-vs-sox/ | 2022-05-25T08:11:24Z |
All about Peeps: Art museum home for Peeps-inspired artwork
RACINE, Wis. (WTMJ) - An art exhibit all about Peeps has returned to Wisconsin. And some of the art covers a serious subject.
“You must not think of them as conventional candy. You need to think of them as a method to an end,” said Lisa Englander, handling the exhibit’s guest relations and retail operations.
The 13th annual International Peeps Exhibition is underway, where the Peeps have been painted and glued for certain works of art. However, that doesn’t stop hungry visitors from trying them.
“Now and then, we’ll come in and find that a piece of a Peep is missing, and we know that somebody has either taken it or chomped on it,” Englander said.
Organizers said the art on display must be made out of Peeps or about Peeps. And there were 162 entries to the gallery and competition this year.
Winners get a golden Peep. And while it is a competition, organizers said it’s not really about winning or the prizes. It’s about making art differently.
“I like it because of the happiness that it brings to people,” Englander said.
The gallery also helps usher in spring. Visitors can see Peeps camping, Peep animatronics, and even Peeps on a video chat call.
Plus, this year, there is an entire section about the invasion of Ukraine.
“There are many pieces about freedom and rights. So, people are speaking to all aspects of their life here,” Englander said.
The Peeps exhibit runs through April 23.
Copyright 2022 WTMJ via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/04/08/all-about-peeps-art-museum-home-peeps-inspired-artwork/ | 2022-04-08T03:21:32Z |
Financial Statements for Q2 2022
DALLAS, July 29, 2022 /PRNewswire/ -- Elah Holdings, Inc. (OTC:ELLH) has released its interim unaudited financial statements and disclosure report for the second quarter of 2022. This report and additional company information can be found at www.elahholdings.com under the Financial Releases section of the website.
Elah Holdings, Inc. (formerly known as Real Industry, Inc.) is a reorganized holding company led by experienced business leaders that is seeking to acquire profitable businesses in the commercial and industrial markets to generate sustainable profitability and cash flows, unlock the value of our considerable tax assets, and use creative deal structures that reduce risk and ultimately create long-term value for our shareholders. For more information, visit www.elahholdings.com. Elah Holdings' stock trades on the OTC Pink Market, which is operated by OTC Markets Group, a centralized electronic quotation service for over-the-counter securities under the symbol "ELLH."
Contact:
Michael Hobey
Elah Holdings, Inc.
+1 (805) 435-1255
@elah_inc
www.linkedin.com/company/elah-holdings-inc/
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SOURCE Elah Holdings, Inc. | https://www.kxii.com/prnewswire/2022/07/29/elah-holdings-inc-releases-second-quarter-2022-report-stockholders/ | 2022-07-29T20:59:47Z |
Companies Plan to Expand Partnership Significantly Beyond This Initial Order
BEIJING, July 27, 2022 /PRNewswire/ -- Origin Agritech Ltd. (NASDAQ: SEED) (the "Company" or "Origin"), an agriculture technology company, announced today that the company has received an order for its hybrid corn worth RMB240 million, or roughly $35 million, from Muyuan Foods.
Muyuan Foods is a publicly traded company on the Shenzhen Stock Exchange, with a $50 billion market capitalization, it is China's largest hog farming company. Muyuan purchases over 50 million metric tons of corn feedstock annually. The initial order is part of a 100 million metric ton purchase agreement signed for next 5 years.
The companies have agreed in principle to collaborate to contract grow Origin's Nutritionally Enhanced Corn (NEC) beginning in the 2023 growing season. At present, Muyuan is contract growing about 3 million mu, or roughly 494,000 acres of farmland to plant hybrid corn and other feed crops in China.
"Origin's NEC corn is revolutionary, as it takes less resources to feed livestock, thus reducing the carbon footprint," said Fazhan Liu, General Manager of Muyuan Grain Trade. "Additionally, partnering with Origin to transition a significant portion of our corn feedstock to NEC will help us to keep our costs under control and thus allow us to continue selling top quality pork products at affordable prices."
"I have long admired Muyuan Foods as one of the great Chinese companies, so I am particularly proud to begin this journey with them," said Dr. Gengchen Han, Origin Agritech's Chairman. "I am confident that the companies will have a long and prosperous business relationship together."
About Muyuan Foods Co., Ltd.
Muyuan Foods Co., Ltd. is a China-based company principally engaged in the breeding and distribution of pigs. The Company's main products consist of piglets, boars and commodity pigs. The Company operates its business mainly through feedstuff processing, hog breeding, boar breeding and commodity pig feeding. The Company operates its business in the domestic market. The company trades on the Shenzhen Stock Exchange under the ticker 002714.SZ.
About Origin Agritech Limited
Origin Agritech Limited, founded in 1997 and headquartered in Zhong-Guan-Cun (ZGC) Life Science Park in Beijing, is a leading Chinese agricultural technology company. In crop seed biotechnologies, Origin Agritech's phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China's Ministry of Agriculture. Over the years, Origin has established a robust biotechnology seed pipeline including products with glyphosate tolerance and pest resistance (Bt) traits. For further information, please visit the Company's website at: www.originagritech.com. The company also maintains a twitter account for updating investors on company and industry developments, which is @origin_agritech.
Forward-Looking Statements
This communication contains "forward-looking statements" as defined in the federal securities laws, including Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements address expected future business and financial performance and financial condition, and contain words like "expect," "anticipate," "intend," "plan," "believe," "seek," "will," "would," "target," and similar expressions and variations. Forward-looking statements address matters that are uncertain. Forward-looking statements are not guarantees of future performance and are based on assumptions and expectations which may not be realized. They are based on management's current expectations, assumptions, estimates and projections about the Company and the industry in which the Company operates but involve a number of risks and uncertainties, many of which are beyond the company's control. Some of the important factors that could cause the company's actual results to differ materially from those discussed in forward-looking statements are: failure to develop and market new products and optimally manage product life cycles; ability to respond to market acceptance, rules, regulations and policies affecting our products; failure to appropriately manage process safety and product stewardship issues; changes in laws and regulations or political conditions; global economic and capital markets conditions, such as inflation, interest and currency exchange rates; business or supply disruptions; natural disasters and weather events and patterns; ability to protect and enforce the company's intellectual property rights; and separation of underperforming or non-strategic assets or businesses. The company undertakes no duty or obligation to publicly revise or update any forward-looking statements as a result of future developments, or new information or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein and are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.
Joe Ramelli
Director of Investor Relation
Phone: 310-845-6238
Email: joe@originagritech.com
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SOURCE Origin Agritech Limited | https://www.kxii.com/prnewswire/2022/07/27/origin-agritech-receives-35-million-order-muyuan-foods/ | 2022-07-27T12:41:44Z |
TORONTO, May 20, 2022 /PRNewswire/ - Restaurant Brands International Inc. (TSX: QSR) (NYSE: QSR) (TSX: QSP) ("RBI") announced today that Joshua Kobza, Chief Operating Officer, and Frank Liberio, Chief Information Officer, will participate in a fireside chat at Cowen 6th Annual Future of the Consumer Conference on May 25, 2022 at 9:20 am Eastern Time.
A live audio webcast will be available on the company's investor relations website (http://rbi.com/investors) and will be available for 30 days following the event.
Restaurant Brands International Inc. is one of the world's largest quick service restaurant companies with over $35 billion in annual system-wide sales and over 29,000 restaurants in more than 100 countries. RBI owns four of the world's most prominent and iconic quick service restaurant brands – TIM HORTONS®, BURGER KING®, POPEYES®, and FIREHOUSE SUBS®. These independently operated brands have been serving their respective guests, franchisees and communities for decades. Through its Restaurant Brands for Good framework, RBI is improving sustainable outcomes related to its food, the planet, and people and communities.
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SOURCE Restaurant Brands International Inc. | https://www.kxii.com/prnewswire/2022/05/20/restaurant-brands-international-inc-participate-cowen-6th-annual-future-consumer-conference/ | 2022-05-20T11:30:32Z |
MADISON, Wis., June 3, 2022 /PRNewswire/ -- Healthy Minds Innovations (HMI), the nonprofit founded by world-renowned neuroscientist Dr. Richard Davidson, announced its first content licensing partnership with Audible, the world's leading creator and provider of premium audio storytelling.
HMI, which is affiliated with the Center for Healthy Minds at the University of Wisconsin, develops mental hygiene tools based on their leading-edge neuroscientific research; built to enhance users lives and those of the people around them. The brief Healthy Minds Program Learn and Practice meditation podcasts produced by HMI are designed to teach the skills needed to achieve greater levels of well-being and, in turn, create a kinder, wiser, and more compassionate world.
Statistics show a sharp increase in mental wellness challenges in recent years, with depression alone affecting 264 million people worldwide. In fact, the meditation app category was the most purchased in the US from 2019 to 2020. And, since the pandemic, Audible has seen an increase in demand in their Health & Wellness and Self Development verticals. The new Healthy Minds Program content will provide a way for Audible subscribers to turn to a science-backed source to be more proactive about their own mental wellbeing via one of the world's most extensive audio platforms.
Healthy Minds Program content on Audible will premiere on May 16th with more content available later in May. It will be accessible in two main ways:
- Healthy Minds Program Podcast: Each of the 200+ episodes feature 5 to 13-minute Learn segments on the "Why's" behind brain health, followed by 10-minute Practice segments narrated by experts on each topic to apply the learnings.
- Healthy Minds Program Singles: Are easy-to-access individual meditations on a range of practical topics, running from 5 to 22 minutes, including:
HMI's Healthy Minds Program content is the product of its deep scientific rigor and is based on its data-driven, evidence-based research about the brain's ability to modify, change and adapt. The findings are outlined in a ground-breaking 2020 research paper authored by Dr. Richard Davidson and Dr. Cortland Dahl and published in one of the world's most cited scientific journals, Proceedings of the National Academy of Sciences. The paper identified the four key pillars of the Healthy Minds Framework: Awareness, Connection, Insight & Purpose on which the Healthy Minds Program is based.
Since HMI's founding in 2014, donor-funded research has made possible the development of interactive and educational programming tailored to the needs of organizations, educators and individuals. In fact, the Healthy Minds Program meditation app has been hailed as "One of the three best meditation apps of 2021," by Wirecutter, the product recommendation service of The New York Times.
Dr. Cortland Dahl, HMI Chief Contemplative Officer and creator of the Healthy Minds Framework explains, "We already have a vibrant community of Healthy Minds Program app users, but our new partnership with Audible will help us meet even more people where they are. There's not a person on the planet who doesn't need a helping hand along the way at some point. Our goal is to use HMI's science-backed content to provide users with practical, real-world tools that can support resilience and positivity and help provide more flourishing and less suffering in the world."
"The main drivers of building out a robust audio content portfolio in the Health & Wellness category for us are credibility, authority and evidence," says Audible's Senior Director, Content Strategy & Programming, Anya Hoffman. "The Healthy Minds Program is exactly that, putting scientifically sound, on-demand tools for cultivating healthy habits of mind for our users."
To subscribe to Audible, please visit audible.com or download the Audible app on your mobile device.
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SOURCE Healthy Minds Innovations | https://www.wibw.com/prnewswire/2022/06/03/healthy-minds-innovations-inc-founded-by-renowned-neuroscientist-dr-richard-davidson-announces-science-backed-meditation-amp-mind-training-content-partnership-with-audio-powerhouse-audible/ | 2022-06-03T13:52:26Z |
SAN FRANCISCO, Aug. 17, 2022 /PRNewswire/ -- Hagens Berman urges Polished.com Inc. (NYSE: POL) investors with significant losses to submit your losses now. The firm is investigating possible securities law violations
Visit: www.hbsslaw.com/investor-fraud/POL
Contact An Attorney Now: POL@hbsslaw.com
844-916-0895
Polished.com Inc. (POL) Investigation:
In the past, Polished.com (f/k/a 1847 Goedeker Inc. (GOED)) has assured investors that it has adequate internal controls over financial reporting and its financial statements have been prepared in accordance with Generally Accepted Accounting Principles.
The company's claims may have come into question beginning on Feb. 2, 2022, when it announced the resignation of its Chief Accounting Officer (Robert D. Barry). This news drove the price of Polished.com shares about 6.5% lower the next day.
Then, on Aug. 15, 2022, Polished.com announced it would not timely file its quarterly report for the period ended June 30, 2022. The company revealed that its Audit Committee "recently began an independent investigation regarding certain allegations made by certain former employees related to the Company's business operations." This news drove the price of Polished.com shares crashing over 35% lower on Aug. 16, 2022, wiping out over $55 million of shareholder value.
"We're focused on investors' losses and whether Polished.com may have cooked its books," said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in Polished.com and have significant losses, or have knowledge that may assist the firm's investigation, click here to discuss your legal rights with Hagens Berman.
Whistleblowers: Persons with non-public information regarding Polished.com should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email mailto:POL@hbsslaw.com.
About Hagens Berman
Hagens Berman is a national law firm with eight offices in eight cities around the country and over eighty attorneys. The firm represents investors, whistleblowers, workers and consumers in complex litigation. More about the firm and its successes is located at hbsslaw.com. For the latest news visit our newsroom or follow us on Twitter at @classactionlaw.
Contact:
Reed Kathrein, 844-916-0895
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SOURCE Hagens Berman Sobol Shapiro LLP | https://www.kxii.com/prnewswire/2022/08/17/pol-investor-alert-hagens-berman-national-trial-attorneys-encourages-polishedcom-pol-goed-investors-contact-firms-attorneys-firm-investigating-possible-securities-law-violations/ | 2022-08-17T14:34:43Z |
Gold standard for information security management is highly valued by customers and demonstrates the security, availability and resiliency of the Bandwidth global platform
RALEIGH, N.C., July 13, 2022 /PRNewswire/ -- Bandwidth Inc. (NASDAQ: BAND), a leading global enterprise cloud communications company, announced today that the company's global information security management system has met the stringent requirements of the ISO 27001:2013 information security management standard across the entire scope of its global network, APIs, and people and business processes. This certification adds the company's Voxbone acquisition, which closed in late 2020, to the previously attained ISO 27001 certification for its North American business in 2018. Bandwidth's information security team reached this milestone in less than two years–a significant achievement.
"At Bandwidth, information security is built-in, so our customers know they can rely on us for their most business-critical communications around the globe," said Kade Ross, Bandwidth's Chief Information Officer. "With this ISO certification, we've put an umbrella over our entire organization to meet the highest standards in security, availability, resiliency and integrity. It's part of our ongoing best practices in our mission to create the most hardened and secure global platform in our space. That's what it takes to be enterprise-grade."
ISO 27001:2013 is one of the most widely recognized and internationally accepted information security standards. Using a top-down, risk-based approach, ISO 27001 identifies requirements and specifications for establishing, implementing, maintaining and continually improving an information security management system. To achieve the certification, Bandwidth's compliance was validated by an independent audit firm after demonstrating an ongoing and systematic approach to managing and protecting company and customer data.
Find out more about Bandwidth's enterprise-grade information security at bandwidth.com/security
About Bandwidth Inc.
Bandwidth (NASDAQ: BAND) is a global communications software company that helps enterprises connect people around the world with cloud-ready voice, messaging and emergency services. Backed by a network reaching 60+ countries covering 90 percent of global GDP, companies like Cisco, Google, Microsoft, RingCentral, Uber and Zoom use Bandwidth's APIs to easily embed communications into software and applications. Bandwidth has more than 20 years in the technology space and was the first Communications Platform-as-a-Service (CPaaS) provider offering a robust selection of APIs built on our own global network. Our award-winning support teams help businesses around the world solve complex communications challenges every day. More information is available at bandwidth.com.
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SOURCE Bandwidth Inc. | https://www.wibw.com/prnewswire/2022/07/13/bandwidth-achieves-comprehensive-iso-27001-certification-across-global-network-apis-people-business-processes/ | 2022-07-13T12:32:24Z |
Opinion: The world is on the brink of a food shortage. Here’s what the US government and businesses can do to help
Opinion by Dana Peterson for CNN Business Perspectives
How does a war on the other side of the world impact US consumers at home? In the case of Russia’s invasion of Ukraine, it’s felt at the dinner table: Yes, the war will likely be the main topic of dinner conversation, but it will also make the food on the table a lot more expensive.
Sanctions, import bans, destruction of infrastructure, a refugee crisis, and supply chain disruptions due to the conflict in Ukraine are stoking global food prices and risking shortages. Importantly, higher prices and potentially falling inventories could mean greater food insecurity in the US and around the world. But there are actions businesses and governments can take to help ease the pain.
Find other sources
The war in Ukraine is seriously disrupting production and exports of grain to vulnerable countries. Not only is it making farming in Ukraine more difficult, but sanctions are disrupting logistics for producing things like fertilizer. Moreover, sanctions prohibit select debt transactions for the Russian Agricultural Bank, which helps support the country’s agricultural sector.
Russia and Ukraine combine to produce 6% of all grains grown globally, according to our calculations of United Nations data, but export an outsized 16% of cereals like wheat, corn, oats and barley, according to the International Trade Centre. These grains go into everything from breakfast cereal to bread, pasta and corn syrup, which sweetens beverages. Further, they provide feed for animal stocks, meaning inflation for proteins, like chicken or pork, will also continue to rise. Ukraine also produces half of the world’s supply of sunflower oil. As such, food producers will need to reformulate to substitute sunflower oils, used in certain foods, with other oils.
Businesses can protect themselves by finding alternative sources of grain: diversifying supply chains or substituting alternatives in domestic or other unaffected markets where possible. This diversification and substitution would help mitigate some of the costs they will ultimately pass down to consumers.
Boost benefits
Meanwhile, higher prices for food in relatively wealthy economies, such as the US, could dent consumer spending and, consequently, overall GDP growth. Food and beverage prices in the US are up an astounding 8% from a year ago, according to the Bureau of Economic Analysis. Further expected food price increases due to the war in Ukraine are part of the reason that The Conference Board forecasts that total personal consumption expenditure inflation, which measures prices for consumer goods and services, will linger above 6% year-over-year for much of 2022.
These supermarket price-spirals will increase food costs for all Americans and increase food insecurity for households that spend a significant portion of their income on food. In 2020, food comprised 10% of the total expenses for the wealthiest households but claimed as much as 15% of the expenses for the poorest households, per the Bureau of Labor Statistics. The Census Bureau’s Household Pulse Survey reveals that as of mid-March, more than 21 million people in the US did not have enough food in the last week either some of the time or often. The war will likely worsen these figures.
To help Americans in need, the Federal Emergency Management Agency could be deployed and social safety net programs, like the Supplemental Nutrition Assistance Program, could be expanded. Additionally, the federal government can make sure that school food programs, which provide nutrition to millions of children, remain fully funded.
Tap reserves
The good news is that other economies can step in immediately to feed the world. What determines this is whether these economies have stockpiles that can be tapped for exports and the internal infrastructure and labor force to facilitate ramped-up trade.
India, the US, the European Union, Brazil and Canada are especially well-positioned to increase grain exports, according to the USDA. By the end of the 2021-2022 growing season, the US is forecasted to have an excess of 18 million metric tons of wheat, 37 million tons of corn, and 2.6 million tons of barley, oats, sorghum and rye combined, according to the USDA.
Policymakers can identify excess stocks of grain and partner with NGOs to distribute food to vulnerable nations. Governments can also draw from domestic reserves to help cushion the effects of a grain-supply shock on consumers.
Invest more in food production
Governments can also dedicate greater shares of their budgets to increasing food production, including spending on equipment, R&D and infrastructure.
In the US, for example, federal government subsidies for domestic farmers — which include loans, quotas and food purchases, among other measures — can be changed to support greater grain output. In addition, the government can stop paying farmers to leave their land unplanted (it does this to keep prices under control and improve environmental health).
Businesses can also help support increased grain production via financing and direct investment in equipment and labor.
Reduce waste
Businesses, from supermarkets to cafeterias at private firms, can reduce food waste with better ordering and refrigeration tactics. Indeed, the USDA estimates that up to 30% to 40% of the food supply in the US is wasted.
Limit the use of corn in fuel
The US government could also limit the use of corn, 40% of which goes into ethanol, which is blended into gasoline.
These solutions may be easier said than done. Nonetheless, it is important that businesses and governments work together to help keep food affordable. Given the US grain production capacity, it can take the lead in putting food on the table, both at home and abroad.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/money/cnn-business-consumer/2022/04/09/opinion-the-world-is-on-the-brink-of-a-food-shortage-heres-what-the-us-government-and-businesses-can-do-to-help/ | 2022-04-09T16:17:37Z |
Advances in oRNA expression and delivery enable pipeline of therapeutics across a diverse
range of disease areas
Lead isCAR program shows possibility of tumor eradication in preclinical animal models with
promise of translation to non-human primates and patients
CAMBRIDGE, Mass., May 16, 2022 /PRNewswire/ -- Orna Therapeutics, a biotechnology company pioneering a new class of fully engineered circular RNA (oRNA) therapies, today for the first time announces data from its lead isCAR program that validates the potential of the company's novel oRNA technology and LNP delivery platform. Based on advances in the expression of oRNA as well as its delivery to immune cells, Orna has demonstrated tumor suppression and eradication in an animal model pointing to the possibility that oRNA-LNP based cancer therapies could eventually overtake cell therapies.
Additional data to be presented demonstrate the utility of Orna's proprietary FoRCE screening platform which has enabled the company to discover and characterize a major new resource for protein expression based on internal ribosome entry sites (IRESs). Orna will also present data showing the development of novel immunotropic lipid nanoparticles (LNPs), and the potential of oRNA in genetic muscle disease and vaccines. View full presentations from ASGCT on our website here.
"At Orna, we've created the world's leading circular RNA company and are building a platform and pipeline with the potential to change the way we treat disease," said Tom Barnes, PhD, Orna's Chief Executive Officer and oral presenter at ASGCT. "Presented for the first time, these data suggest our oRNA technology and LNP delivery favorably combine to maximize our reach into multiple therapeutic areas – validating our expanded pipeline beyond cancer to include muscle genetic diseases and vaccines."
isCAR: Revolutionizing CAR-T Cell Therapy with the Possibility of Eradicating Tumors
Our lead program is an in situ CAR therapy that combines oRNA and custom engineered LNPs to create modified immune cells within the patient. This easily redosable format would not require patient lymphodepletion and would allow for reliable dose control, overcoming barriers of ex vivo CAR-T therapies. Data being presented demonstrate that oRNA-LNP can eradicate cancer cells in an animal model. Additional iterative data in rodents and non-human primates gives Orna confidence that this may successfully translate into humans.
"We are excited about the preclinical results in our lead isCAR program as we clearly see the opportunity to overcome significant hurdles in current ex vivo approaches, suggesting that oRNA-LNP based cancer therapies may eventually overtake cell therapies," said Robert Mabry, PhD and Chief Scientific Officer at Orna. "We believe that data from iterative animal studies can support our plans to deliver in situ CAR-T therapies to the clinic."
FoRCE: Formulated oRNA Cell-based Evaluation Platform
Orna is also presenting new data from our proprietary FoRCE screening platform, which captures the entire oRNA production, formulation, and evaluation process in an arrayed and automated format. In a first application, Orna has screened and characterized thousands of IRES elements in multiple primary human cell types. IRES identification and development is critical for optimizing oRNA function via tunable protein expression. Orna has discovered many novel IRES elements that drive oRNA expression to levels well above those of standard IRES elements, including some that show differential activity across cell types. These results open a new technological toolkit for driving protein expression from circular RNA.
Breadth of Platform
Orna has extended its oRNA-LNP technology into several other indications including Duchenne Muscular Dystrophy and vaccines and believes there are many additional opportunities this technology can bring to existing therapeutics.
Duchenne Muscular Dystrophy (DMD):
Orna will present data highlighting the ease of working with very large oRNAs. Data demonstrate, for the first time, non-viral delivery of a large, full-length, dystrophin-encoding RNA in human cells, as well as in vivo delivery of smaller length versions in mouse models. These data are an encouraging first step on the path to delivering full-length gene therapy to patients with DMD.
Vaccines:
Orna is investigating the suitability of oRNA combined with intramuscularly administered immunotropic LNPs for vaccine applications, including for COVID-19. The oRNA half-life observed in muscle and immune cells, combined with the intramuscular administration of immunotropic lipids, suggests that oRNA-LNP technology may be beneficially applied to vaccine development.
Conference presentation details are shared below.
Oral Presentations:
In situ CAR Therapy Using oRNA Lipid Nanoparticles Regresses Tumors in Mice
Presenter: Tom Barnes, Ph.D., CEO
Date/Time/Location: Monday, May 16, 2022 from 9:10 - 9:45 a.m. ET in Room 207
Session: Scientific Symposium: Function and Therapeutics Applications of Circular RNAs (circRNAs)
Discovery of Translation Initiation Elements Enabled by a Parallel Arrayed Screen of Full-length Viral UTRs in Synthetic Circular RNA
Presenter: Alexander Wesselhoeft, Ph.D., Director, Molecular Biology
Date/Time/Location: Monday, May 16, 2022 from 11:30 – 11:45 a.m. ET in Salon H
Session: Oral Abstract Session: Oligonucleotide Therapeutics
Poster Presentations:
Improved Immune Cell Expression with Circular RNA (oRNA) in vivo
Presenter: Kevin Kauffman, Ph.D., Principal Scientist
Date/Time/Location: Monday, May 16, 2022 at 5:30 p.m. ET in Hall D
Session: Poster Session: Oligonucleotide Therapeutics I
Systemic Delivery of Circular RNA Encoding Partial Dystrophins and Expression in Skeletal Muscle
Presenter: Tatiana Fontelonga, Ph.D., Scientist
Date/Time/Location: Tuesday, May 17, 2022 at 5:30 p.m. ET in Hall D
Session: Poster Session: Oligonucleotide Therapeutics II
About Orna Therapeutics
Orna Therapeutics is a biotechnology company pioneering a new class of fully engineered circular RNA (oRNA) therapeutics with the potential to change the way we treat disease. Orna's proprietary platform combines novel technology to design circular RNA transcripts that drive protein expression with validated and unique LNP delivery solutions. Optimized oRNA-LNPs offer simplified production, improved formulatability, and superior protein expression over traditional mRNA approaches. The combined advantage of these two technologies puts Orna ahead of the curve and expands the possibilities of what RNA therapeutics can achieve. To learn more visit: www.ornatx.com and follow Orna Therapeutics on Twitter and LinkedIn.
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SOURCE Orna Therapeutics | https://www.wibw.com/prnewswire/2022/05/16/orna-therapeutics-announces-first-in-class-breakthrough-data-demonstrating-potential-circular-rna-platform-asgct-2022/ | 2022-05-16T11:40:57Z |
PROVINCETOWN, Mass. (AP) — The popular Cape Cod resort of Provincetown declared a sewer emergency Thursday, ordering restaurants and other food establishments to close immediately along a section of its bustling waterfront.
Provincetown officials said in a Facebook post that residential property on the affected sewer system must also reduce water use, including flushing toilets only “when absolutely necessary.”
Officials said that all public restrooms will also be shuttered Thursday and Friday and that portable toilets will be provided.
They said the sewer shutdown, coming during the peak summer season, was necessary to prevent a further public health emergency.
Thunderstorms this week brought “larger than normal wastewater volume” into the sewer system, causing overflows and damage.
“We need to drastically reduce flow to allow the critical repair work in order to get the town back to full capacity,” town officials said in their statement. “We are estimating that we need up to 48 hours to make the repairs and get the system back to normal.” | https://cw33.com/strange-news/ap-strange-news/sewer-emergency-in-cape-cod-resort-town-closes-restaurants/ | 2022-08-12T03:29:50Z |
Viking film hosts community outreach event to fundraise and spread project awareness
HOUSTON, May 17, 2022 /PRNewswire/ -- Last week, Longship Productions, LLC, a media production company specializing in filmmaking, announced online a "Viking Feast" to raise funds for their feature film, Valhalla Awaits. The event will be held at the BonFire Grill in Tomball, TX, on 5/21/2022 from 12:00 PM to 10:00 PM CST. The feast is the first of a few planned community events.
Tickets are now on sale and selling quickly. Longship Productions CEO A. Priscilla Robles said, "Not even 15 minutes in, and we are already sold out for the VIP section at the King's Table!" Attendees can enjoy live entertainment including music and Norse tales from cast member Corey Mescon, who will be playing the film's Storyteller. Attendees can also enjoy 10 select vendors, such as Bells Leatherworks and Texas Tickler Beard Co., for unique merchandise and partake in a silent auction and raffle. Norse-inspired food and drink, including beer and cocktails, can be purchased at the event. General admission costs $10.00. Select VIP upgrades are selling out quickly, but there is still time for attendees to upgrade their ticket for perks such as sitting with Cast at the King's Court!
About the Company: Longship Productions, LLC, CEO A. Priscilla Robles is an executive producer of Valhalla Awaits with over 7 years of experience in the media production industry. She has operated in all walks of the industry from commercials, music videos, television, web series, shorts, and feature films. CFO, Ivan John Winkler is a producer of Valhalla Awaits with over 5 years of film industry experience holding multiple titles and he brings his 20 years of business and management expertise to the table as well. CTO, Dave Kufner is a key creative lead for the production. After completing his career with the US military in 2013, Dave has turned his attention to the acting world and will be portraying King Sigurd Hring of Sweden in the film. Together with their combined expertise, they created Longship Productions in the Spring of 2022 with a hardworking team to produce Valhalla Awaits and other creative projects. Valhalla Awaits plans to release in 2023.
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SOURCE Longship Productions, LLC | https://www.wibw.com/prnewswire/2022/05/17/houston-based-viking-film-host-viking-feast/ | 2022-05-17T05:52:40Z |
MOULTRIE — Colquitt Regional Medical Center recently cut the ribbon on its new Geropsychiatry Inpatient Behavioral Health Unit (BHU). The focus of this new service line is to provide short-term intensive treatment for elderly patients who suffer from acute psychiatric disorders, cognitive impairment, and age-related physiological disabilities.
Patients who are admitted will benefit from a comprehensive line of treatments offered in the BHU, such as extensive evaluation and assessment, individual treatment planning, individual and family therapy, group therapy (occupational and activity), medication management, discharge planning, outreach and referral for aftercare, and family and caregiver support.
The unit, which is located on the second floor of the hospital, houses 10 beds, four semi-private and two private. It will largely serve the 55-plus population and aims to help patients regain and maintain their optimal level of health. More specifically, this unit will benefit patients who suffer from depression, anxiety, grief, coping challenges or emotional disturbances.
“Over the past several years, it has become evident that this service is greatly needed for our community,” Colquitt Regional President and CEO Jim Matney said. “Until now, patients with geriatric psychiatry needs had to transfer to neighboring facilities to receive the necessary level of care. Now, patients in our community have the option to stay right here in their hometown and still receive the same exceptional care.”
The need for increased access to mental health services in rural areas, coupled with increasing numbers of the geriatric population, have been major driving forces for the implementation of these services. According to the National Institutes of Health, the 65-plus population is projected to almost double by 2050, growing from 48 million to 88 million.
This new unit is one of several recent additions to Colquitt Regional’s psychiatry services. In 2020, Sterling Physician Group added its first psychiatrist to its medical staff. In 2021, the hospital opened an intensive outpatient program, Sterling Group Senior Wellness, that focuses on providing treatment in a group setting to adults who are experiencing depression, anxiety and emotional problems, among others. On June 14, Georgia South Graduate Medical Education welcomed its first set of psychiatry residents and will train them to become independent psychiatrists over the next four years, in hopes of creating a new pipeline of mental health physicians for the region.
“We are constantly evaluating our services and how we can continue meeting the needs of our patients and community members,” Hospital Authority Chairman Richard E. Turner Jr. said in a news release. “With the addition of these psychiatric service lines, we are able to provide a greater continuum of care, ranging from acute inpatient care and intensive outpatient treatment to follow-ups with Dr. (Teron) Verma and his staff.”
Colquitt Regional’s BHU is led by Verma, who serves as medical director, and Director of Behavior Health RN Melissia Bennett.
The BHU was made possible through the support of 2021 Georgia HEART tax credit donations and several signature naming donations to Colquitt Regional Medical Foundation. This includes a donation of $250,000 by Colquitt Regional employees, a $110,000 gift by the Colquitt Regional Volunteers, and a generous donation of $25,000 by Mr. and Mrs. Victor Beadles.
For more information, contact Melissia Bennett at (229) 891-9194. | https://www.albanyherald.com/local/colquitt-regional-cuts-ribbon-on-geropsychiatric-inpatient-behavioral-health-unit/article_3ef424e6-f0c9-11ec-9cef-570fc61a560b.html | 2022-06-20T20:14:29Z |
Peoples Baptist hosts MLK service tonight
The Repository
CANTON – Peoples Baptist Church at 701 17th St. SE will host its annual Martin Luther King Jr. anniversary service, "A Millennial Perspective," at 6 tonight.
The service will be broadcast on Facebook Live at www.facebook.com/CantonPeoplesBaptistChurch or on YouTube at www.youtube.com/channel/UC9_teZz7za_ZvmYWf7UU62g?app=desktop. | https://www.cantonrep.com/story/news/local/canton/2022/04/04/peoples-baptist-churchs-mlk-anniversary-service-tonight/9459542002/ | 2022-04-04T20:14:22Z |
SAN PEDRO GARZA GARCIA, Mexico, April 25, 2022 /PRNewswire/ -- Cydsa, S.A.B. de C.V. ("Cydsa") (BMV: CYDSASA) today announced the early tender results for its previously announced "modified Dutch Auction" tender offer to purchase for cash (the "Tender Offer") its outstanding 6.250% Senior Notes due 2027 (the "Notes"). The Tender Offer is being made pursuant to the terms of an Offer to Purchase dated April 6, 2022 (as amended and as may be further amended or supplemented from time to time, the "Offer to Purchase"), and is subject to certain conditions.
As of the previously announced revised early tender time of 5:00 p.m., New York City time, on April 22, 2022 (the "Early Tender Time"), U.S.$64,619,000 aggregate principal amount of the Notes had been validly tendered and not validly withdrawn at or prior to the Early Tender Time. The "Total Consideration" for Notes validly tendered and not validly withdrawn at or prior to the Early Tender Time and accepted for purchase will equal U.S.$990 per $1,000 principal amount of such Notes based on the "Clearing Price", as determined pursuant to a "modified Dutch Auction" procedure described in the Offer to Purchase. The Total Consideration includes the early tender payment equal to U.S.$50.00 per U.S.$1,000 principal amount of such Notes. Holders whose Notes are accepted for purchase in the Tender Offer will also receive accrued and unpaid interest ("Accrued Interest") from the last interest payment date up to, but not including, the Settlement Date (as defined below). The aggregate amount of Total Consideration that holders of Notes are entitled to receive, excluding Accrued Interest, for Notes that are validly tendered (and not validly withdrawn) and accepted for purchase by Cydsa is referred to as the "Aggregate Purchase Price."
Cydsa has determined to increase the aggregate principal amount of Notes to be purchased in the Tender Offer to an aggregate principal amount such that the Aggregate Purchase Price for the Notes validly tendered and accepted for purchase pursuant to the Tender Offer will not exceed U.S.$47,680,380 (such amount, the "Maximum Amount").
As the aggregate principal amount of the Notes validly tendered would result in an Aggregate Purchase Price that exceeds the Maximum Amount, as increased as described above, Cydsa intends to accept for purchase U.S.$48,162,000 aggregate principal amount of the Notes. Accordingly, subject to the satisfaction or waiver of the conditions precedent to the consummation of the Tender Offer, Cydsa will accept all Notes validly tendered and not validly withdrawn at or prior to the Early Tender Time with a bid price at or below U.S.$990 per $1,000 principal amount of Notes. Any Notes tendered with a bid price greater than U.S.$990 per $1,000 principal amount of Notes will not be accepted in the Tender Offer.
Cydsa reserves the right to choose whether it will have an early settlement date, in which case such early settlement will be announced at least one business day prior to the date thereof. If Cydsa does not elect to have an early settlement, Cydsa expects to pay the Total Consideration for accepted Notes, plus Accrued Interest, within three business days of the Expiration Time (as defined below), or as promptly as practicable thereafter (any such early or final settlement date, the "Settlement Date"), subject to the satisfaction or waiver of the conditions, including the financing condition, set forth in the Offer to Purchase. There is no guarantee that the financing condition or any other condition precedent to the consummation of the Tender Offer will be satisfied or waived by Cydsa.
Although the Tender Offer is scheduled to expire at 11:59 p.m., New York City time, on May 3, 2022 (such time and date, as the same may be extended, the "Expiration Time"), because the Aggregate Purchase Price for Notes validly tendered at or prior to the Early Tender Time reached the Maximum Amount, as increased as described above, no Notes tendered after the Early Tender Time will be accepted for purchase. In addition, as previously announced, pursuant to the terms of the Tender Offer, the withdrawal deadline of 5:00 p.m., New York City time, on April 19, 2022 has now passed; accordingly, Notes validly tendered in the Tender Offer may not be withdrawn.
Cydsa's obligation to accept for purchase, and to pay for, any Notes validly tendered pursuant to the Tender Offer is conditioned upon the satisfaction or, when applicable, waiver of certain customary conditions, which are more fully described in the Offer to Purchase, including, among others, a financing condition as described in the Offer to Purchase.
Goldman Sachs & Co. LLC and Scotia Capital (USA) Inc. are acting as the dealer managers for the Tender Offer and can be contacted with questions regarding the Tender Offer at the following telephone numbers: Goldman Sachs & Co. LLC: +1 (800) 828-3182 (toll-free) and +1 (212) 357-1452 (collect); and Scotia Capital (USA) Inc.: +1 (212) 225-5501 (collect).
Neither the Offer to Purchase nor any related documents have been filed with the U.S. Securities and Exchange Commission, nor have any such documents been filed with or reviewed by any federal or state securities commission or regulatory authority of any country. No authority has passed upon the accuracy or adequacy of the Offer to Purchase or any related documents, and it is unlawful and may be a criminal offense to make any representation to the contrary.
The Tender Offer is being made solely on the terms and conditions set forth in the Offer to Purchase. Under no circumstances shall this press release constitute an offer to buy or the solicitation of an offer to sell the Notes or any other securities of Cydsa or any of its affiliates. The Tender Offer is not being made to, nor will Cydsa accept tenders of Notes from, holders in any jurisdiction in which the Tender Offer would not be in compliance with the securities laws of such jurisdiction. No recommendation is made as to whether holders should tender their Notes with respect to the Notes. Holders should carefully read the Offer to Purchase because it contains important information, including the various terms and conditions of the Tender Offer.
About Cydsa
Cydsa is a Mexico-based holding company, headquartered in San Pedro Garza Garcia, Nuevo Leon, operating through subsidiaries located in nine cities throughout Mexico, engaged in the industrial sector. Since the incorporation of the company in 1945, Cydsa has grown into a diversified company and Cydsa's current products and services range from edible salt to specialty chemicals for diverse industries to clean energy alternatives and hydrocarbon storage. Cydsa sells over 100 different products in more than 15 countries, including Mexico, the United States, Canada, Central America, South America and Europe. As part of Cydsa's strategy, it offers the first system in Mexico and Latin America dedicated to processing and underground storage of hydrocarbons in salt caverns, offering clean, efficient and safe storage of hydrocarbons, while helping reduce the hydrocarbon storage deficit in Mexico. Cydsa currently operates through its chemical manufacturing and specialties business group and its energy processing and logistics business group.
Cautionary Note Regarding Forward-Looking Statement
This press release contains certain forward-looking statements. Statements that are not historical facts, including statements about Cydsa's perspectives and expectations, are forward-looking statements. All statements that express belief, expectation, estimates or intentions, as well as those that are not statements of historical facts, are forward-looking statements. Such statements use forward-looking words such as "proposed," "anticipate," "project," "potential," "could," "should," "continue," "estimate," "expect," "may," "believe," "will," "plan," "seek," "outlook" and other similar expressions that are intended to identify forward-looking statements, although some forward-looking statements are expressed differently. Cydsa cautions you not to place undue reliance on any forward-looking statements, which speak only as of the date made. Although the expectations in the forward-looking statements are based on Cydsa's current beliefs and expectations, caution should be taken not to place undue reliance on any such forward-looking statements because such statements speak only as of the date hereof. Except as required by federal and state securities laws, Cydsa undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or any other reason.
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SOURCE Cydsa, S.A.B. de C.V. | https://www.mysuncoast.com/prnewswire/2022/04/25/cydsa-announces-early-tender-results-pricing-upsizing-modified-dutch-auction-tender-offer-its-outstanding-6250-senior-notes-due-2027/ | 2022-04-25T13:29:54Z |
Russian troops entering Sievierodonetsk in eastern Ukraine
KRAMATORSK, Ukraine (AP) - The Russian-battered eastern Ukrainian city of Sievierodonetsk appeared to be on the brink of becoming another Mariupol on Monday as the mayor told The Associated Press that Russian troops have entered, power and communications have been cut and “the city has been completely ruined.”
Moscow seeks to capture all of Ukraine’s industrial Donbas region, and Sievierodonetsk is key to that. Fierce street fighting is underway in the city as Ukrainian defenders are trying to push the Russians out, Mayor Oleksandr Striuk told the AP in a phone interview. Russian troops have advanced a few blocks toward the city center, he said.
“The number of victims is rising every hour, but we are unable to count the dead and the wounded amid the street fighting,” the mayor added. He said 12,000-13,000 civilians left in the city that once held more than 100,000 are sheltering in basements and bunkers to escape the Russian bombardment.
Russian forces stormed Sievierodonetsk after trying unsuccessfully to encircle it, and Ukrainian President Volodymyr Zelenskyy has described the situation as “indescribably difficult.” A Russian artillery barrage has destroyed critical infrastructure and damaged 90% of buildings. The mayor has estimated that 1,500 civilians in the city have died since the war began, from Russian attacks as well as from a lack of medicine or treatment.
Sievierodonetsk, 143 kilometers (89 miles) south of the Russian border, has emerged in recent days as the epicenter of the Donbas fighting. Mariupol is the city on the Sea of Azov that spent nearly three months under Russian siege before the last Ukrainian fighters surrendered.
The Ukrainian military said Russian forces were reinforcing their positions on the northeastern and southeastern outskirts of Sievierodonetsk and bringing additional equipment and ammunition to press their offensive.
Luhansk regional Gov. Serhiy Haidai said the Russians also are pushing toward nearby Lysychansk. He said two civilians were killed and another five were wounded in the latest Russian shelling in the war.
Sievierodonetsk and Lysychansk span the strategically important Siverskiy Donetsk River. They are the last major areas under Ukrainian control in Luhansk, which makes up the Donbas together with the adjacent Donetsk region.
The Institute for the Study of War, a think tank based in Washington, questioned the Kremlin’s strategy of assembling a huge military effort to take Sieverodonetsk, saying it was proving costly for Russia and would bring few returns.
Russian Foreign Minister Sergey Lavrov told French TF1 television Sunday that Moscow’s “unconditional priority is the liberation of the Donetsk and Luhansk regions,” adding that Russia sees them as “independent states.” He also suggested other regions of Ukraine should be able to establish close ties with Russia.
The Ukrainian army reported heavy fighting around Donetsk, the regional capital, as well as Lyman to the north, a small city that serves as a key rail hub in the region. “The enemy is reinforcing its units,” the Ukrainian armed forces’ General Staff said. “It is trying to gain a foothold in the area.”
Authorities in a Russia-backed separatist region said at least five civilians were killed in the latest Ukrainian shelling of Donetsk city including a 13-year-old boy.
Zelenskyy on Monday will address European Union leaders gathering in a new show of solidarity with Ukraine amid divisions over whether to target Russian oil in a new series of sanctions. He has repeatedly demanded that the EU target Russia’s lucrative energy sector and deprive Moscow of billions of dollars each day in supply payments.
Zelenskyy on Sunday visited soldiers in Kharkiv, Ukraine’s second-largest city, where Ukrainian fighters pushed Russian forces back from nearby positions several weeks ago. Russia has kept up bombardment of the northeastern city, and explosions could be heard shortly after Zelenskyy’s visit. Shelling and airstrikes have destroyed more than 2,000 apartment buildings since Russia invaded Ukraine on Feb. 24, according to the regional governor, Oleh Syniehubov.
In the wider Kharkiv region, Russian troops still held about one-third of the territory, Zelenskyy said.
Russian pressure also continued in the south on Monday. Russian Defense Ministry spokesman Maj. Gen. Igor Konashenkov said an artillery strike on the shipyard in the southern port of Mykolaiv destroyed Ukrainian armored vehicles parked on its territory.
In the Kherson region, the Russia-installed deputy head of the regional administration, Kirill Stremousov, told Russia’s Tass state news agency that grain from last year’s harvest is being delivered to Russian buyers, adding that “obviously there is a lot of grain here.” Ukraine has accused Russia of looting grain from territories its forces hold, and the U.S. has alleged Moscow is jeopardizing global food supplies by preventing Ukraine from exporting its harvest.
In Mariupol on Sunday, an aide to its Ukrainian mayor alleged that after Russia’s forces gained complete control of the city, they piled the bodies of dead people inside a supermarket. Petro Andryushchenko, posted a photo on the Telegram messaging app showing bodies stacked alongside closed supermarket counters. It wasn’t immediately possible to verify his claim.
___
Yuras Karmanau reported from Lviv. AP journalists around the world contributed to this report.
___
Follow AP’s coverage of the Ukraine war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/30/russian-troops-entering-sievierodonetsk-eastern-ukraine/ | 2022-05-30T11:41:36Z |
NORTHBROOK, Ill., July 29, 2022 /PRNewswire/ --The following is a notification from UL Solutions that the Electrical Metallic Tubing identified below bear unauthorized UL Marks for the United States and Canada. The Electrical Metallic Tubing has not been evaluated by UL Solutions to the appropriate Safety Standards and it is unknown if the tubing complies with any safety requirements.
Name of Product: Electrical Metallic Tubing
Remedy: UL Solutions recommends that this product be removed from service.
Identification on the Product Labels: The Electrical Metallic Tubing bears an unauthorized UL mark and the following:
ALEX Tube
ALEX ELECTRIC INDUSTRY MADE AND MELTED IN ALEX COMPANY
Issue No. TT-548
Or
E-343501
ELECTRICAL METALLIC TUBING
ISSUE NO. TT-787
For photos please visit ul.com/solutions
Location: The counterfeit tubing was found in Peru, Dominica, and Panama.
About UL Solutions
A global leader in applied safety science, UL Solutions transforms safety, security and sustainability challenges into opportunities for customers in more than 100 countries. UL Solutions delivers testing, inspection and certification services, together with software products and advisory offerings, that support our customers' product innovation and business growth. The UL Certification Marks serve as a recognized symbol of trust in our customers' products and reflect an unwavering commitment to advancing our safety mission. We help our customers innovate, launch new products and services, navigate global markets and complex supply chains and grow sustainably and responsibly into the future. Our science is your advantage.
Release No. 22PN-14
Peyton Zylke
Corporate Communications
UL Solutions
847.226.3483
Peyton.Zylke@ul.com
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SOURCE UL Solutions | https://www.mysuncoast.com/prnewswire/2022/07/29/ul-solutions-warns-unauthorized-ul-marks-electrical-metallic-tubing/ | 2022-07-29T22:04:44Z |
2 Indiana State football players among 3 killed in crash
TERRE HAUTE, Ind. (AP) — Two freshman members of the Indiana State University football team were among the three students who were killed in a weekend crash, officials said Monday.
Two other football team members who were injured in the crash were out of intensive care but remained hospitalized in serious condition, the university said in a statement.
The single-vehicle crash happened around 1:30 a.m. Sunday when the vehicle went off a state highway and struck a tree in the small town of Riley, about 10 miles (16 kilometers) from the university’s Terre Haute campus. Vigo County Sheriff John Plasse said the vehicle was on fire when deputies arrived and that the driver and two passengers were pronounced dead at the scene.
The sheriff’s department didn’t say who was driving or release additional details about the circumstances of the crash.
Those killed were identified as Christian Eubanks, 18, of Waukegan, Illinois; Jayden Musili, 19, of Fort Wayne, Indiana; and Caleb VanHooser, 19, of Liberty Township, Ohio, in the northern Cincinnati suburbs.
Eubanks was a freshman linebacker who went to Warren Township High School, and VanHooser was a freshman defensive back who went to Lakota East. Musili was a sophomore who became an Indiana State student this year and wasn’t on the football team, the school said.
Those injured were Omarian Dixon, 20, of Lafayette, Indiana, a redshirt freshman running back; and John Moore, 19, of Wheaton, Illinois, a redshirt freshman linebacker.
University President Deborah J. Curtis called the crash a tragedy and said “the Sycamore family is mourning.”
Hundreds of students and others gathered Sunday evening outside the university’s football stadium for a vigil in honor of the crash victims.
“It is a terrible day for Indiana State football and a devastating loss for both the Eubanks and the VanHooser families,” football coach Curt Mallory said in a statement. “Both young men were quality individuals who were loved and respected by their teammates and this staff. To say they will be missed is an understatement.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/22/2-indiana-state-football-players-among-3-killed-crash/ | 2022-08-22T17:17:00Z |
Provider and Facility Partners Receive 6-month Complimentary Member Benefits
ATLANTA, June 8, 2022 /PRNewswire/ -- SpaSpace, the three-sided marketplace revolutionizing the spa and salon industries, introduces a new Wellness Membership to its app for provider and facility partners. In celebration of this year's #ThinkMagenta campaign for Global Wellness Day June 11th, SpaSpace will be offering free access to the app's Wellness Membership for 6-months—available through web and mobile. Included is a free six-month membership eM Life™-- an expert-led, virtual mindfulness solution from Wondr Health.
"Global Wellness Day is the perfect kickoff to the launch of our wellness membership to the Partner Directory and eM Life mindfulness platform. This year's GWD theme #thinkmagena is all about reminding people that living well begins in the mind," said Ilana Alberico, CEO of SpaSpace. "Our goal is to make wellness accessible for practitioners by providing them live and on-demand programs led by expert mindfulness teachers."
All professional and facility partners who are on our Directory before June 11 will receive a 6-month free membership to SpaSpace's professional network and resources. Pricing thereafter will be $9.99. In addition to platform access, massage therapists, estheticians, hair stylists and nail techs can create their own schedule, receive same-day payouts on services, network with a community of peers and facilities, and receive ongoing professional development.
"We are especially proud to offer this wellness membership," add Alberico. "We want to offer ways for our partners to be able to fill their cups and be able to provide the best service to guests."
About SpaSpace – SpaSpace is a membership-based booking and scheduling software system that serves spa professionals, clients, and facilities. SpaSpace's software system has a patent-pending algorithm that matches a client's specific needs and preferences to an expert professional. SpaSpace's flexible offering for facility partners includes highly vetted background checks, quarterly automated license verification, and custom workforce solutions.
eM Life™ is an expert-led, virtual mindfulness solution from Wondr Health. The solution includes daily online mindfulness sessions, fresh content and tools to build skills, a library of on-demand content on a variety of topics, and immersive, multi-week programs for mental health and chronic conditions.
General Contact:
Saba Hale, Head of Business Development
Spa Space
saba.hale@spaspace.com
404.578.7430
Media Contact:
Nancy Griffin, Principal
Contento Marketing
nancy@contentomarketing.com
415.987.0012
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SOURCE SpaSpace | https://www.kxii.com/prnewswire/2022/06/08/spaspace-launches-wellness-membership-with-mindfulness-solution-em-life-celebration-global-wellness-day/ | 2022-06-08T16:44:39Z |
GREENWOOD, Ind. (WXIN) — Police say the actions of an Indiana man saved lives after a shooter opened fire in the Greenwood Park Mall on Sunday evening.
Around 6 p.m. Sunday, a lone suspect entered the food court of the Greenwood Park Mall in Bartholomew County and opened fire, killing three people and injuring two more.
The shooter was shot and killed by a man, later identified as Elisjsha Dicken, who was visiting the mall. The Good Samaritan, as police called him, was armed with a handgun.
Police said the 22-year-old Dicken, of Seymour, Indiana, was near the cookie counter, close to the main walkways of the mall. A witness said after the shooting, he moved closer to the downed shooter.
“There was a guy with his pistol held on the bathroom, and I believe that guy to have possibly been the guy, to have shot the shooter,” said Mike Wright, a witness to the shooter.
After the shooting, Greenwood Police Chief Jim Ison called Dicken “the real hero.”
“Investigators are still questioning the individual involved, but it appears that a Good Samaritan that was armed observed the shooting in progress and shot the shooter,” said Ison. “I’m going to tell you, the real hero of the day was the citizen that was lawfully carrying a firearm in the food court and was able to stop the shooter almost as soon as he began.”
Greenwood Mayor Mark Myers also issued a statement, calling the man’s actions heroic.
“As of now, we do not know the shooter’s identity or motive. We do know that someone we are calling the ‘Good Samaritan’ was able to shoot the assailant and stop further bloodshed,” he said. “This person saved lives tonight. On behalf of the City of Greenwood, I am grateful for his quick action and heroism in this situation.”
Attorney General Todd Rokita also issued a statement, praising the man’s actions.
“The bravery of the armed individual who took action to stop the shooter undoubtedly saved lives, and for that I and many others are grateful,” Rokita said via Twitter.
Indiana lawmakers said they were grateful for his actions. In a statement, Sen. Mike Braun said he was grateful for the man.
“Praying for families of those killed in a senseless act of violence in Greenwood tonight, and grateful for the brave armed citizen who took action to stop the perpetrator and prevent further tragic loss of life,” Braun said via Twitter.
Rep. Jim Banks said: “I am praying for the three victims of the tragedy in Greenwood this weekend and their families. It’s painful to see this sort of senseless violence so close to home. But I’m grateful a good guy with a gun was there to prevent further casualties.”
“Today, we continue to pray for the families of the fallen and those injured in yesterday’s senseless tragedy. Please join me in recognizing the heroism of the citizen who subdued the shooter and whose actions surely prevented further loss of life,” said Congressman Jim Baird.
Congressman Greg Pence said Dicken “ended the trajectory of this incident.”
“Yesterday, and the coming days will be difficult for the community of Greenwood. I ask everyone to join me in praying for the victims of last night’s tragedy at Greenwood Park Mall, and those who have lost a loved one,” said Pence. “We commend not only local and federal law enforcement agencies for their swift and coordinated response, but also the law-abiding Good Samaritan who ended the trajectory of this incident.”
Greenwood Park Mall sent the following statement Monday morning, “We grieve for the victims of yesterday’s horrific tragedy in Greenwood. Violence has no place in this or any other community. We are grateful for the strong response of the first responders, including the heroic actions of the Good Samaritan who stopped the suspect.” | https://cw33.com/news/nexstar-media-wire/good-samaritan-praised-for-actions-in-indiana-mall-shooting/ | 2022-07-19T16:24:48Z |
Sri Lanka deploys troops in capital after violence, protests
By KRISHAN FRANCIS
Associated Press
COLOMBO, Sri Lanka (AP) — Sri Lankan authorities deployed armored vehicles and troops on the streets of the capital Wednesday, two days after pro-government mobs attacked peaceful protesters, triggering a wave of violence across the country.
Security forces have been ordered to shoot those deemed to be participating in the violence, as sporadic acts of arson and vandalism continued despite a strict nationwide curfew that began Monday evening.
Anti-government protests have been demanding the resignations of President Gotabaya Rajapaksa and his brother, who stepped down as prime minister this week, over a debt crisis that has nearly bankrupted Sri Lanka and left its people facing shortages of fuel, food and other essentials. In the past few days, eight people have died and more than 200 left injured amid violent attacks that have seen mobs set fire to buildings and vehicles.
Armored trucks with soldiers riding atop were seen rolling into some areas of Colombo. Defying the curfew, some protesters regrouped opposite the president’s office to continue demonstrations that began over three weeks ago.
Videos posted on social media showed lines of military trucks moving out of the capital, along with soldiers riding on motorbikes and setting up checkpoints across the country, amid fears that a political vacuum could pave the way for a military takeover.
The Defense Ministry’s top official, Kamal Gunaratne, denied allegations of a military takeover, at a news conference jointly held with the country’s army and navy chiefs.
“None of our officers have a desire to take over the government. It has never happened in our country and it is not easy to do it here,” said Gunaratne. President Gotabaya Rajapaksa is himself a former top army officer and remains the country’s official defense minister.
Gunaratne said the army will return to its barracks once the security situation normalizes.
Navy commander Nishantha Ulugetenne said the former prime minister, Mahinda Rajapaksa, is being protected at the naval base in Trincomalee on the northeastern coast.
After Mahinda Rajapaksa resigned, he and his family were evacuated from his official residence through thousands of protesters trying to break into the heavily guarded, colonial-era building.
The Indian Embassy denied social media speculation that “certain political persons and their families have fled to India,” and also rejected speculation that India was sending troops into Sri Lanka.
The country reaffirmed its support to Sri Lanka on Tuesday, saying India had extended support of $3.5 billion to help it overcome the crisis, as well sent essential items like food and medicine, the Ministry of External Affairs in New Delhi said.
On Monday, supporters gathered at the prime minister’s official residence to urge Mahinda Rajapaksa to stay in office. After the meeting, mobs supporting the government beat peaceful protesters who had camped out near the prime minister’s residence and president’s office demanding their resignations, as police watched and did little to stop them. Across the country, angry citizens responded by attacking government supporters and ruling party politicians.
Eight people including a ruling party lawmaker and two police officers were killed and 219 were injured in the violence, the defense ministry said. In addition, 104 buildings and 60 vehicles were burned.
Pro-government mobs were chased, beaten and stripped. Some who were pushed into a lake were not allowed to get back to ground for hours. As word spread of where buses were taking the supporters, people smashed them up and set them on fire.
Toppled buses were still smoking across the capital, Colombo, as protests continued. Homes of government supporters were attacked and some businesses were set on fire, though the personal violence subsided.
The European Union called on the authorities to initiate an investigation into the events and to hold accountable those instigating or perpetrating violence.
Sri Lanka is nearing bankruptcy having said that it is suspending payment of $7 billion of foreign loans it was due to pay this year out of a $25 billion due by 2026. Its total foreign debt is $51 billion.
The shortage of foreign currency has led to less imports and acute shortages of essentials from food to cooking gas, fuel and medicine. For the past months people have been forced to stay in long lines for hours to buy the limited stocks and many were returning with nothing.
Protesters blamed the Rajapaksa brothers’ alleged corruption and style of administration for the economic crisis.
The prime minister’s departure has created an administration vacuum with no Cabinet, which dissolved automatically with the resignation.
The void has also created fears of a military takeover especially if violence continues.
The U.S State Department expressed “concern” over the military deployment in Sri Lanka.
“We are, as I said before, also closely monitoring the deployment of troops, something that is of concern to us,” spokesman Ned Price told a weekly news conference. | https://localnews8.com/news/ap-national-business/2022/05/10/sri-lanka-extends-curfew-after-violence-pms-resignation/ | 2022-05-11T10:52:33Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ -- Brixmor Property Group Inc. (NYSE: BRX) ("Brixmor" or the "Company") announced today its operating results for the three and six months ended June 30, 2022. For the three months ended June 30, 2022 and 2021, net income was $0.29 per diluted share and $0.30 per diluted share, respectively.
Key highlights for the three months ended June 30, 2022 include:
- Executed 2.0 million square feet of new and renewal leases, with rent spreads on comparable space of 14.6%, including 0.9 million square feet of new leases, with rent spreads on comparable space of 34.3%
- Sequentially increased total leased occupancy to 92.5%, anchor leased occupancy to 94.8%, and small shop leased occupancy of 87.7%
- Reported an increase in same property NOI of 6.7%
- Reported Nareit FFO of $148.9 million, or $0.49 per diluted share
- Stabilized $39.0 million of reinvestment projects at an average incremental NOI yield of 11%, with the in process reinvestment pipeline totaling $398.2 million at an expected average incremental NOI yield of 9%
- Completed $251.1 million of acquisitions and $84.5 million of dispositions
- Amended and restated the Company's unsecured credit facilities, increasing the total amount available by $200 million to $1.75 billion, while extending the maturities and lowering pricing
- Received a credit rating upgrade from Fitch Ratings to 'BBB' from 'BBB-', with a stable outlook
- Published the Company's annual Corporate Responsibility Report (view the 2021 report at https://www.brixmor.com/why-brixmor/corporate-responsibility)
Subsequent events:
- Completed $26.1 million of dispositions
- Updated previously provided NAREIT FFO per diluted share expectations for 2022 to $1.93 - $1.97 from $1.88 - $1.95 and same property NOI growth expectations for 2022 to 5.5% - 6.0% from 3.0% - 4.5%
"We are tremendously pleased to deliver another strong quarter of outperformance, driven by the execution of our value added business plan," commented James Taylor, CEO and President. "That performance is reflected in growth in traffic to our centers, strong leasing volumes, compelling lease spreads and net effective rents, record small shop occupancy, record average in place ABR PSF, and strong NOI and bottom line FFO growth. Importantly, these same results, coupled with our forward leasing and reinvestment pipelines, provide great visibility on our continued growth."
FINANCIAL HIGHLIGHTS
Net Income
- For the three months ended June 30, 2022 and 2021, net income was $87.8 million, or $0.29 per diluted share, and $90.4 million, or $0.30 per diluted share, respectively.
- For the six months ended June 30, 2022 and 2021, net income was $167.3 million, or $0.56 per diluted share, and $142.8 million, or $0.48 per diluted share, respectively.
Nareit FFO
- For the three months ended June 30, 2022 and 2021, Nareit FFO was $148.9 million, or $0.49 per diluted share, and $138.6 million, or $0.46 per diluted share, respectively. Results for the three months ended June 30, 2022 and 2021 include items that impact FFO comparability, including transaction expenses, litigation and other non-routine legal expenses, and loss on extinguishment of debt, net, of $(1.4) million, or $(0.00) per diluted share, and $(0.5) million, or $(0.00) per diluted share, respectively.
- For the six months ended June 30, 2022 and 2021, Nareit FFO was $294.3 million, or $0.98 per diluted share, and $269.2 million, or $0.90 per diluted share, respectively. Results for the six months ended June 30, 2022 and 2021 include items that impact FFO comparability, including transaction expenses, litigation and other non-routine legal expenses, and loss on extinguishment of debt, net, of $(1.4) million, or $(0.00) per diluted share, and $(3.6) million, or $(0.01) per diluted share, respectively.
Same Property NOI Performance
- For the three months ended June 30, 2022, the Company reported an increase in same property NOI of 6.7% versus the comparable 2021 period.
- For the six months ended June 30, 2022, the Company reported an increase in same property NOI of 7.6% versus the comparable 2021 period.
Dividend
- The Company's Board of Directors declared a quarterly cash dividend of $0.24 per common share (equivalent to $0.96 per annum) for the third quarter of 2022.
- The dividend is payable on October 17, 2022 to stockholders of record on October 4, 2022, representing an ex-dividend date of October 3, 2022.
PORTFOLIO AND INVESTMENT ACTIVITY
Value Enhancing Reinvestment Opportunities
- During the three months ended June 30, 2022, the Company stabilized five value enhancing reinvestment projects with a total aggregate net cost of approximately $39.0 million at an average incremental NOI yield of 11% and added six new reinvestment projects to its in process pipeline. Projects added include four anchor space repositioning projects and two outparcel development projects, with a total aggregate net estimated cost of approximately $19.2 million at an expected average incremental NOI yield of 10%.
- At June 30, 2022, the value enhancing reinvestment in process pipeline was comprised of 55 projects with an aggregate net estimated cost of approximately $398.2 million at an expected average incremental NOI yield of 9%. The in process pipeline includes 18 anchor space repositioning projects with an aggregate net estimated cost of approximately $78.5 million at an expected incremental NOI yield of 7% - 14%; 14 outparcel development projects with an aggregate net estimated cost of approximately $26.2 million at an expected average incremental NOI yield of 10%; and 23 redevelopment projects with an aggregate net estimated cost of approximately $293.5 million at an expected average incremental NOI yield of 9%.
- An in-depth review of a recent redevelopment project, which highlights the Company's reinvestment capabilities, Village at Mira Mesa (San Diego-Chula Vista-Carlsbad, CA MSA), can be found at this link: https://www.brixmor.com/blog/village-at-mira-mesa-jim-taylor.
- Follow Brixmor on LinkedIn for video updates on reinvestment projects at https://www.linkedin.com/company/brixmor.
Acquisitions
- During the three months ended June 30, 2022, the Company acquired four shopping centers and one outparcel at an existing property for a combined purchase price of $251.1 million, including:
- During the six months ended June 30, 2022, the Company acquired seven shopping centers, one land parcel at an existing property, and one outparcel at an existing property, for a combined purchase price of $410.6 million.
Dispositions
- During the three months ended June 30, 2022, the Company generated approximately $84.5 million of gross proceeds on the disposition of five shopping centers, as well as three partial properties, comprised of 1.1 million square feet of gross leasable area.
- During the six months ended June 30, 2022, the Company generated approximately $145.5 million of gross proceeds on the disposition of ten shopping centers, as well as four partial properties, comprised of 1.7 million square feet of gross leasable area.
- Subsequent to June 30, 2022, the Company disposed of one shopping center, as well as one partial property, for $26.1 million of gross proceeds.
CAPITAL STRUCTURE
- During the three months ended June 30, 2022, the Company raised approximately $3.7 million in gross proceeds, excluding commissions, from the sale of approximately 0.1 million shares of common stock at an average price per share of $26.29 through its at-the-market ("ATM") equity offering program.
- During the six months ended June 30, 2022, the Company raised approximately $48.1 million in gross proceeds, excluding commissions, from the sale of approximately 1.9 million shares of common stock at an average price per share of $25.55 through its ATM equity offering program.
- As previously announced, on April 28, 2022, the Company's operating partnership, Brixmor Operating Partnership LP, amended and restated its $1.25 billion revolving credit facility and $300 million term loan facility, while adding a new $200 million delayed draw term loan facility. The restated unsecured credit facilities extend the maturity of the revolving credit facility to June 2026, extend the maturity of the term loan facility to July 2027, and improve the pricing of the unsecured credit facilities.
- The Company has $1.2 billion in liquidity and no debt maturities until June 2024.
GUIDANCE
- The Company has updated its previously provided NAREIT FFO per diluted share expectations for 2022 to $1.93 - $1.97 from $1.88 - $1.95 and its same property NOI growth expectations for 2022 to 5.5% - 6.0% from 3.0% - 4.5%.
- Expectations for 2022 same property NOI growth include a:
- Expectations for 2022 Nareit FFO:
- The following table provides a reconciliation of the range of the Company's 2022 estimated net income attributable to common stockholders to Nareit FFO:
CONNECT WITH BRIXMOR
- For additional information, please visit https://www.brixmor.com;
- Follow Brixmor on:
- Find Brixmor on LinkedIn at https://www.linkedin.com/company/brixmor.
CONFERENCE CALL AND SUPPLEMENTAL INFORMATION
The Company will host a teleconference on Tuesday, August 2, 2022 at 10:00 AM ET. To participate, please dial 877.704.4453 (domestic) or 201.389.0920 (international) within 15 minutes of the scheduled start of the call. The teleconference can also be accessed via a live webcast at https://www.brixmor.com in the Investors section. A replay of the teleconference will be available through midnight ET on August 16, 2022 by dialing 844.512.2921 (domestic) or 412.317.6671 (international) (Passcode: 13730173) or via the web through August 2, 2023 at https://www.brixmor.com in the Investors section.
The Company's Supplemental Disclosure will be posted at https://www.brixmor.com in the Investors section. These materials are also available to all interested parties upon request to the Company at investorrelations@brixmor.com or 800.468.7526.
NON-GAAP PERFORMANCE MEASURES
The Company presents the non-GAAP performance measures set forth below. These measures should not be considered as alternatives to, or more meaningful than, net income (calculated in accordance with GAAP) or other GAAP financial measures, as an indicator of financial performance and are not alternatives to, or more meaningful than, cash flow from operating activities (calculated in accordance with GAAP) as a measure of liquidity. Non-GAAP performance measures have limitations as they do not include all items of income and expense that affect operations, and accordingly, should always be considered as supplemental financial results to those calculated in accordance with GAAP. The Company's computation of these non-GAAP performance measures may differ in certain respects from the methodology utilized by other REITs and, therefore, may not be comparable to similarly titled measures presented by such other REITs. Investors are cautioned that items excluded from these non-GAAP performance measures are relevant to understanding and addressing financial performance. A reconciliation of these non-GAAP performance measures to net income is presented in the attached tables.
Nareit FFO
Nareit FFO is a supplemental, non-GAAP performance measure utilized to evaluate the operating and financial performance of real estate companies. Nareit defines FFO as net income (loss), calculated in accordance with GAAP, excluding (i) depreciation and amortization related to real estate, (ii) gains and losses from the sale of certain real estate assets, (iii) gains and losses from change in control, (iv) impairment write-downs of certain real estate assets and investments in entities when the impairment is directly attributable to decreases in the value of depreciable real estate held by the entity and (v) after adjustments for unconsolidated joint ventures calculated to reflect FFO on the same basis. Considering the nature of its business as a real estate owner and operator, the Company believes that Nareit FFO is useful to investors in measuring its operating and financial performance because the definition excludes items included in net income that do not relate to or are not indicative of the Company's operating and financial performance, such as depreciation and amortization related to real estate, and items which can make periodic and peer analyses of operating and financial performance more difficult, such as gains and losses from the sale of certain real estate assets and impairment write-downs of certain real estate assets.
Same Property NOI
Same property NOI is a supplemental, non-GAAP performance measure utilized to evaluate the operating performance of real estate companies. Same property NOI is calculated (using properties owned for the entirety of both periods and excluding properties under development and completed new development properties that have been stabilized for less than one year) as total property revenues (base rent, expense reimbursements, adjustments for revenues deemed uncollectible, ancillary and other rental income, percentage rents, and other revenues) less direct property operating expenses (operating costs and real estate taxes). Same property NOI excludes (i) corporate level expenses (including general and administrative), (ii) lease termination fees, (iii) straight-line rental income, net, (iv) accretion of below-market leases, net of amortization of above-market leases and tenant inducements, (v) straight-line ground rent expense, net, and (vi) income or expense associated with the Company's captive insurance company. Considering the nature of its business as a real estate owner and operator, the Company believes that same property NOI is useful to investors in measuring the operating performance of its portfolio because the definition excludes various items included in net income that do not relate to, or are not indicative of, the operating performance of the Company's properties, such as depreciation and amortization and corporate level expenses (including general and administrative), lease termination fees, straight-line rental income, net, accretion of below-market leases, net of amortization of above-market leases and tenant inducements, and straight-line ground rent expense, net and because it eliminates disparities in NOI due to the acquisition or disposition of properties or the stabilization of completed new development properties during the period presented and therefore provides a more consistent metric for comparing the operating performance of the Company's real estate between periods.
ABOUT BRIXMOR PROPERTY GROUP
Brixmor (NYSE: BRX) is a real estate investment trust (REIT) that owns and operates a high-quality, national portfolio of open-air shopping centers. Its 379 retail centers comprise approximately 67 million square feet of prime retail space in established trade areas. The Company strives to own and operate shopping centers that reflect Brixmor's vision "to be the center of the communities we serve" and are home to a diverse mix of thriving national, regional and local retailers. Brixmor is a proud real estate partner to over 5,000 retailers including The TJX Companies, The Kroger Co., Publix Super Markets and Ross Stores.
Brixmor announces material information to its investors in SEC filings and press releases and on public conference calls, webcasts and the "Investors" page of its website at https://www.brixmor.com. The Company also uses social media to communicate with its investors and the public, and the information Brixmor posts on social media may be deemed material information. Therefore, Brixmor encourages investors and others interested in the Company to review the information that it posts on its website and on its social media channels.
SAFE HARBOR LANGUAGE
This press release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements related to the Company's expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. You can identify these forward-looking statements by the use of words such as "outlook," "believes," "expects," "potential," "continues," "may," "will," "should," "seeks," "projects," "predicts," "intends," "plans," "estimates," "anticipates" or the negative version of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties, including those described under the sections entitled "Forward-Looking Statements" and "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2021, as such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in the Company's filings with the SEC. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law.
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SOURCE Brixmor Property Group Inc. | https://www.mysuncoast.com/prnewswire/2022/08/01/brixmor-property-group-reports-second-quarter-2022-results/ | 2022-08-01T21:35:35Z |
PHILADELPHIA, Aug. 31, 2022 /PRNewswire/ -- Berger Montague is investigating securities fraud allegations on behalf of investors who purchased the securities MINISO Group Holding Limited ("MINISO" or the "Company") (NYSE: MNSO) between October 12, 2020 and August 17, 2022 (the "Class Period").
If you purchased the securities of MINISO during the Class Period, would like to discuss Berger Montague's investigation, or have questions concerning your rights or interests, please contact attorneys Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Michael Dell'Angelo at mdellangelo@bm.net or (215) 875-3080 or visit: https://investigations.bergermontague.com/miniso-group-holding-limited/
Whistleblowers: Anyone with non-public information regarding MINISO is encouraged to confidentially assist Berger Montague's investigation or take advantage of the SEC Whistleblower program. Under this program, whistleblowers who provide original information may receive rewards totaling up to thirty percent (30%) of recoveries obtained by the SEC. For more information, contact us.
According to a recently filed lawsuit, on July 26, 2022, market researcher Blue Orca Capital published a report which raised several fundamental issues with MINISO, including that "contrary to [MINISO]'s claims, many MINISO stores are secretly owned by [MINISO] executives or insiders closely connected to the chairman" and "[u]ltimately, we believe that there is overwhelming evidence that MINISO misleads the market about its core business." As 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 that "Chinese corporate filings also indicate, in our view, 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.
Berger Montague, with offices in Philadelphia, Minneapolis, Washington, D.C., and San Diego, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.
Contacts
Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bm.net
Michael Dell'Angelo, Executive Shareholder
Berger Montague
(215) 875-3080
mdellangelo@bm.net
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SOURCE Berger Montague | https://www.wibw.com/prnewswire/2022/08/31/miniso-group-holding-limited-company-news-berger-montague-investigates-securities-fraud-allegations-against-miniso-group-holding-limited-nyse-mnso-lead-plaintiff-deadline-is-october-17-2022/ | 2022-09-01T00:00:22Z |
PITTSBURGH , June 6, 2022 /PRNewswire/ -- "I wanted to create a simple accessory to prevent stains or rings around the collar," said an inventor, from Spartanburg, S.C., "so I invented the C- SHIELD. My design can be used with various articles of clothing and it would save time and effort when doing laundry."
The invention provides a protective barrier between the neck and garment collar. In doing so, it protects against perspiration, oil, makeup and dirt. As a result, it helps to prevent stains and it helps to maintain the appearance of the garment. The invention features a practical design that is easy to apply and use so it is ideal for men and women. Additionally, it is producible in design variations.
The original design was submitted to the Columbia sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-CSK-189, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.mysuncoast.com/prnewswire/2022/06/06/inventhelp-inventor-develops-protective-accessory-collars-csk-189/ | 2022-06-06T18:47:05Z |
Industry leaders and experts across financial services, technology and open source will come together for thought-provoking insights and conversations about how to best leverage open source software to solve industry challenges.
SAN FRANCISCO, June 29, 2022 /PRNewswire/ -- The Linux Foundation, the nonprofit organization enabling mass innovation through open source, and co-host the Fintech Open Source Foundation (FINOS), a nonprofit whose mission is to accelerate adoption of open source software, standards and best practices in financial services, today announced new keynote speakers for Open Source in Finance Forum London 2022 (OSFF). The event takes place July 13 in London, UK. The full schedule can be viewed here.
OSFF promotes deeper collaboration across finance, open source and technology and drives innovation across the industry in order to deliver better code, faster. The event features an agenda covering recent developments and the direction of open source in financial services across a wide range of topics and domains, and this year will be held as part of Fintech Week London, a partnership emphasizing the importance of open source software and open collaboration in the financial services industry.
New keynote speakers include:
- Jennifer Lassiter, Executive Director, The Digital Dollar Project
- Declan O'Gorman, Head of Enterprise Engineering, NatWest
- Francesca Hopwood Road, Centre Head, Bank for International Settlements – BIS
- Keesa C. Schreane, Author of Gambling on Green: Uncovering the Balance Among Revenues, Reputations, and ESG (Environmental, Social, and Governance)
- Anna Wallace, SPO Consumer Protection and RegTech, Bill & Melinda Gates Foundation
Previously announced keynote speakers include Kim Prado, CIO, US Capital Markets, I&CB and Office of the COO at BMO Capital Markets, Gabriele Columbro, Executive Director at FINOS, Hilary Carter, VP of Research at The Linux Foundation, and Jim Zemlin, Executive Director at The Linux Foundation.
Session highlights include:
- An Open Source Approach to Regulatory Reporting - Mosè Tronci & Georgina Bulkeley, Google
- OSPOs in Finance: Ways to Overcome Industry Barriers to Accelerate OS Adoption - Ana Jiménez Santamaría, TODO Group
- Proactive and Polymorphic Adaptation of Multi-cloud Deployments - Alicja Reniewicz, 7bulls.com & Pawel Skrzypek, Omphalos Fund
- An Open Source Architecture for Modernizing Market Risk Management - Aric Rosenbaum & Marius Bogoevici, Red Hat
- Consuming Legend Data Models & Services Using BI, Python/ML & Other Tools - Andrew Ormerod & John Pentelow, Goldman Sachs
- Timebase CE, with Connectivity to Crypto Exchanges - Matthew Gorelik, EPAM Systems
Registration is offered at the standard rate of 199 GBP through June 30. Prices rise July 1. Members of The Linux Foundation receive a 20 percent discount - members can contact events@linuxfoundation.org to request a member discount code. Members of FINOS can attend at no cost - members can contact osff@finos.org to request the FINOS Member registration code.
Health and Safety
Attendees must show a negative COVID-19 test or be fully vaccinated to attend. They will need to comply with all on-site health measures, in accordance with The Linux Foundation Code of Conduct. To learn more, visit the Health & Safety webpage.
Sponsor
For information on becoming an event sponsor, click here or email us for more information and to speak to our team.
Press
Members of the press who would like to request a press pass to attend should contact Kristin O'Connell.
About FINOS
FINOS (The Fintech Open Source Foundation) is a nonprofit whose mission is to foster adoption of open source, open standards and collaborative software development practices in financial services. It is the center for open source developers and the financial services industry to build new technology projects that have a lasting impact on business operations. As a regulatory compliant platform, the foundation enables developers from these competing organizations to collaborate on projects with a strong propensity for mutualization. It has enabled codebase contributions from both the buy- and sell-side firms and counts over 40 major financial institutions, fintechs and technology consultancies as part of its membership. FINOS is also part of the Linux Foundation, the largest shared technology organization in the world.
About the Linux Foundation
Founded in 2000, the Linux Foundation is supported by more than 2,000 members and is the world's leading home for collaboration on open source software, open standards, open data, and open hardware. The Linux Foundation's projects are critical to the world's infrastructure including Linux, Kubernetes, Node.js, and more. The Linux Foundation's methodology focuses on leveraging best practices and addressing the needs of contributors, users and solution providers to create sustainable models for open collaboration. For more information, please visit linuxfoundation.org.
The Linux Foundation Events are where the world's leading technologists meet, collaborate, learn and network in order to advance innovations that support the world's largest shared technologies.
Visit our website and follow us on Twitter, Linkedin, and Facebook for all the latest event updates and announcements.
The Linux Foundation has registered trademarks and uses trademarks. For a list of trademarks of The Linux Foundation, please see its trademark usage page: www.linuxfoundation.org/trademark-usage. Linux is a registered trademark of Linus Torvalds.
Media Contact
Kristin O'Connell
The Linux Foundation
koconnell@linuxfoundation.org
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SOURCE The Linux Foundation | https://www.mysuncoast.com/prnewswire/2022/06/29/linux-foundation-fintech-open-source-foundation-announce-new-keynote-speakers-open-source-finance-forum-london-2022/ | 2022-06-29T07:51:11Z |
In a Nod to New York Fashion Week, Gown and Accessories to be Worn by IAC Executive at Charity Preview Event
SOUTHFIELD, Mich., Sept. 12, 2022 /PRNewswire/ -- International Automotive Components Group (IAC Group), a leading global supplier of automotive components and systems, has contributed to some of the automotive industry's most modern luxury interiors. Today, the company celebrated the convergence of fashion, sustainability, and automotive design with the unveiling of a bespoke gown created by a global team of IAC Group's talented designers and award-winning seamstresses in honor of the return of the North American International Auto Show (NAIAS).
"IAC Group is dedicated to creating sustainable environments that we live, work, and move in," said IAC Group chief administrative officer, Iwona Niec Villaire. "This gown exemplifies how beautiful sustainable products can be, and I'm honored to have been chosen to showcase IAC's creativity in such an exciting way."
IAC Group's reveal of this gown at the Charity Preview Event at NAIAS coincides with New York Fashion Week, where designers from around the world unite in New York for the fashion industry's biggest showcase.
The gown uses three types of sustainable materials traditionally found in several of IAC Group's automotive applications today:
- The dress is composed of Dinamica®, a microfiber fabric material partially derived from recycled polyester. IAC Group uses the same material in the production of its headliners in the US, and in headliners and door bolster coverstock in Europe.
- The gown's flower appliques are made of a combination of cork coverstock and laser wood coverstock. Both are plant-based renewable resources with lower carbon footprints compared to other synthetic coverstocks such as polyvinyl chloride (PVC), thermoplastic polyolefins (TPO), thermoplastic polyurethanes (TPU), polyurethane (PU) or leather.
- The jewelry accompanying the gown is made from two sustainable materials, ocean plastics and mold in color plastic. The former is made from discarded polypropylene fishing nets that make their way to the shore and was used in the foil pieces of the jewelry. IAC's award-winning mold in color plastic has a decorated look without any paints or films, thereby eliminating negative paint by-products such as fumes, gasses, and solvents and making the material more easily recyclable. The Society of Plastics Engineers recognized IAC Group and Ford Motor Company with an Automotive Innovation Award for this technology in 2021
Materials selected for the dress were done so in collaboration with IAC Group's advanced engineering team, Susan Kozora, director of advanced engineering and Michael Behnke, director, innovation & advanced technology in Europe. This team is responsible for designing and leading technology development for the automotive market with a focus on reducing the company's carbon footprint.
"IAC Group is dedicated to identifying, sourcing and utilizing the most responsible materials when creating our inspired, sustainable mobile environments," said Kozora. "Our team was thrilled to be part of this exciting challenge."
As a testament to IAC Group's commitment to sustainability, the company was recently awarded the EcoVadis Gold Medal for its sustainability program in 2022. This award places IAC Group in the top three percent of companies rated by EcoVadis within its peer group.
The initial design for the gown was hand sketched by Villaire herself. As IAC group's Chief Administrative Officer, Villaire is responsible for leading the company's legal, human resource and sustainability functions. This project was an opportunity for her to exhibit her personal creativity and passion for design.
Using that sketch, Urszula Olkiewicz, junior trim engineer at IAC Group's Opole, Poland facility worked with Kozora and Behnke to select materials. Using her experience in the creation of new products such as jacket designs for the sewing department at IAC Group, Olkiewicz designed and developed the gown from the selected materials to bring Villaire's vision to life. Olena Korolova, sewing production operator who is responsible for sewing for serial production and new products at IAC Group's Opole facility, assisted Olkiewicz. Korolova and Olkiewicz also created a tie that will be worn by IAC Group Chief Commercial Officer Sebastian de Coster.
"This gown exhibits the collective skills, expertise and attention to detail our teams at IAC Group have for each and every product we touch. Our seamstresses are on par with those whose work is dawning the runways of New York this week for fashion week," said Villaire.
Despite international distances and conflicting timezones, the gown progressed from concept to debut in a remarkable timeframe of just 16 short weeks.
Having been recognized with multiple awards such as the 2021 Ford World Excellence Award for the Mach-E Frunk, this sustainability effort is just another example of IAC Group's dedication to bold execution in each of its programs.
"Watching my idea come to life has been an amazing experience," said Villaire. "Kicking off this year's show with such a creative way to demonstrate our passion for elegant engineering and bold execution showcases the creative talent and opportunities at IAC Group and the industry as a whole."
Headquartered in Luxembourg, International Automotive Components (IAC) Group is a leading global supplier of automotive components and systems, including instrument panels, console systems, door panels, headliners and overhead systems to automakers around the world. Employing nearly 18,000 people, IAC Group is a multi-billion dollar global manufacturing company that operates in 55 locations, including more than 40 manufacturing facilities in 17 countries. For more information, visit www.iacgroup.com.
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SOURCE IAC Group | https://www.wibw.com/prnewswire/2022/09/12/iac-unveils-couture-gown-crafted-sustainable-automotive-materials-north-american-international-auto-show-event/ | 2022-09-12T12:40:17Z |
MILWAUKEE, Sept. 14, 2022 /PRNewswire/ -- Ademi LLP is investigating Ra Medical (NYSE American: RMED) for possible breaches of fiduciary duty and other violations of law in its transaction with Catheter Precision.
Click here to learn how to join the action: https://www.ademilaw.com/case/ra-medical-systems-inc or call Guri Ademi toll-free at 866-264-3995. There is no cost or obligation to you.
Ademi LLP alleges Ra Medical transaction with Catheter Precision may not be fair to Ra Medical's shareholders.
We are investigating the conduct of Ra Medical's board of directors, and whether they are fulfilling their fiduciary duties to all shareholders.
If you own Ra Medical common stock and wish to obtain additional information, please contact Guri Ademi either at gademi@ademilaw.com or toll-free: 866-264-3995, or https://www.ademilaw.com/case/ra-medical-systems-inc.
We specialize in shareholder litigation involving buyouts, mergers, and individual shareholder rights throughout the country. For more information, please feel free to call us. Attorney advertising. Prior results do not guarantee similar outcomes.
Contacts
Ademi LLP
Guri Ademi
Toll Free: (866) 264-3995
Fax: (414) 482-8001
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SOURCE Ademi LLP | https://www.kxii.com/prnewswire/2022/09/14/shareholder-alert-ademi-llp-investigates-whether-ra-medical-systems-incs-transaction-with-catheter-precision-is-fair-shareholders/ | 2022-09-14T17:37:53Z |
- Major expansion in the North American market
- Supported by U.S. Biomedical Advanced Research and Development Authority (BARDA) via 70/30 cost-share cooperative agreement
- New state-of-the-art forming lines in North Carolina increase annual production capacity for Glass Vials in the U.S. significantly
MORGANTON, N.C., Aug. 9, 2022 /PRNewswire/ -- Gerresheimer AG, a leading provider of healthcare & beauty solutions and drug delivery systems for pharma, biotech and cosmetics, today announced investments to rapidly expand its manufacturing, supply and logistics capability for glass vials in the U.S. The project will be supported by the Biomedical Advanced Research and Development Authority (BARDA), part of the Office of the Assistant Secretary for Preparedness and Response (ASPR) at the U.S. Department of Health and Human Services (HHS) with contracting support from the Department of Defense (DOD). It will expand Gerresheimer's capacity by new vial forming lines, including dimensional inspection, annealing, cosmetic inspection and packaging. BARDA has agreed to provide up to approximately 66 million US-Dollar to Gerresheimer AG for this project. The investment is part of Gerresheimer's global expansion plan and follows its formula G strategy process.
Under the agreement, Gerresheimer will increase its annual production capacity in Morganton, NC with interchangeable Type 1 vials (glass borosilicate and/or aluminosilicate) and Gx Elite Glass Vials capability. BARDA's financing, with contracting support from the DOD's Joint Program Executive Office for Chemical, Biological, Radiological and Nuclear Defense (JPEO-CBRND) and the Army Contracting Command (ACC), will strengthen the capabilities in the U.S. to respond to current and future public health emergencies. The vials can be used in vaccination campaigns against infectious diseases, such as COVID-19 and others. This expansion of the facility will further strengthen Gerresheimer's leading market position in best-in-class elite vials.
"Gerresheimer is honored to support the U.S. government in strengthening its pharmaceutical supply chain for current and future healthcare emergencies," said Dietmar Siemssen, CEO of Gerresheimer AG. "The agreement confirms our role as a supplier of system critical products, such as pharmaceutical primary packaging solutions and drug delivery systems for the healthcare sector. This investment follows our strategy process formula G and accelerates our growth in this important market," he added.
As part of the project, the existing facility in North Carolina will be enlarged by the installation of new vial forming lines and a new warehouse. As the investment will lead to an increase in the number of people employed, new offices will also be part of the expansion plan.
The company is committed to sourcing the vast majority of its raw materials from U.S. domestic suppliers in order to enhance the levels of responsiveness, dependability, quality and domestic supply chain integration. Gerresheimer is furthermore incorporating sustainable design principles to implement energy efficiency measures, comply with storm water management requirements and reduce waste for the upgrades and expansion.
Disclaimer
- The Army Contracting Command – Aberdeen Proving Ground – Joint COVID Response Division, 6472 Integrity Court, Building 4401, Aberdeen Proving Ground MD 21005-3013 is the awarding and administering acquisition office.
- This project has been supported in whole or in part with federal funds from the U.S. Department of Health and Human Services; Office of the Assistant Secretary for Preparedness and Response; Biomedical Advanced Research and Development Authority (BARDA), under agreement number W58P05-22-2-0008.
Contact Press
Ueli Utzinger
Group Senior Director Marketing & Communication
T +49 211 6181-250
ueli.utzinger@gerresheimer.com
Contact Investor Relations
Carolin Nadilo
Corporate Senior Director Investor Relations
T +49 211 6181-220
carolin.nadilo@gerresheimer.com
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SOURCE Gerresheimer AG | https://www.kxii.com/prnewswire/2022/08/09/gerresheimer-invests-up-94-million-dollar-us-production-facility/ | 2022-08-09T05:19:40Z |
Withdraws from its CFPB approval order to facilitate change
SAN JOSE, Calif., June 30, 2022 /PRNewswire/ -- Today, Payactiv, Inc., a certified B Corp and the leader in Earned Wage Access (EWA), announced the elimination of EWA access fees, making several of Payactiv's delivery options, including ACH, completely free.
Payactiv had previously waived its fees in 2020 during the onset of the COVID-19 global pandemic, and now, by eliminating access fees entirely, the company is creating another watershed moment and making EWA even more accessible for the millions of working Americans in need of relief in the current economic climate.
"Timely access to earned wages is the safest way for millions of American workers to meet livelihood needs without fees and penalties from other liquidity options. With additional zero cost EWA options, the bar has been raised again for the emerging EWA industry." said co-founder and CEO Safwan Shah. "To rapidly offer these additional zero-cost options, we opted to withdraw from the company-specific 2020 CFPB Approval Order," added Shah.
While the withdrawal does not impact Payactiv's offerings, it allows the company to eliminate access fees without delay. Payactiv has worked cooperatively with the CFPB over the last several years, including by addressing the CFPB's feedback in early 2021 to state that it "has an Approval Order from CFPB" in lieu of describing itself as "CFPB-Approved." Payactiv appreciates the opportunity to have worked with the CFPB on the Approval Order, and looks forward to further efforts to advance the industry.
Payactiv is the creator of EWA and a leading provider in the industry today. By announcing yet another avenue for free access to its EWA, Payactiv continues to disrupt the industry it created, establishing a new level of service for those who rely on Earned Wage Access to navigate their financial lives. In addition to EWA, it offers gas and prescription discounts, savings options, and powerful budgeting tools. Consumers will also continue to have access to optional expedited delivery methods for a voluntary fee when needed.
Payactiv will make the improved fee structure available to all new and existing clients in the third quarter of 2022 and expects most employers to transition to the new model within 2022.
Payactiv, a Public Benefit Corporation and Certified B Corp, provides workers on-demand access to earned but unpaid wages. This approach eliminates the expense of payday loans, bank overdrafts, and late fees workers would otherwise resort to for liquidity. The company's holistic financial-wellness platform offers a suite of financial services that includes savings and budgeting tools, bill payment, and financial-health measurement. Payactiv is the winner of the American Business Awards Company of the Year for Financial Services award, the Innovative Payments Association's Consumer Champion award, a Finovate winner and finalist, and the recipient of numerous best-in-class awards in both FinTech & HRTech. Visit www.payactiv.com.
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SOURCE Payactiv | https://www.wibw.com/prnewswire/2022/06/30/payactiv-transforms-earned-wage-access-by-eliminating-access-fees/ | 2022-06-30T23:10:24Z |
ALBANY — The Dougherty County Sheriff’s Office has requested the Georgia Bureau of Investigation’s assistance in investigating the death of a jail inmate who was found unresponsive in his cell Tuesday evening.
An inmate in the cell with Travoski Travon Shealy reported a medical emergency to a jail staff member shortly after 7 p.m., Sheriff’s Department Col. Jon Ostrander, who oversees the facility, said. “He had passed out in his cell. The officer immediately began giving him aid. He couldn’t get him to respond.”
Jail medical staff also attempted to revive the 24-year-old, who was jailed on charges of four counts of murder, until the arrival of a Dougherty County Emergency Medical Services ambulance, Ostrander said.
Shealy was pronounced dead at Phoebe Putney Memorial Hospital at around 8 p.m., Dougherty County Coroner Michael Fowler said. The initial examination did not reveal any foul play.
Shealy’s body will be transported to a GBI laboratory for an autopsy to determine the cause of death and for toxicology analysis.
“We don’t think anybody did anything to him,” Fowler said. “We didn’t see anything obvious. We didn’t see any trauma. We can’t rule anything out at this point.”
The sheriff’s office has an ongoing investigation and requested the GBI's involvement to provide transparency, Ostrander said. Shealy had been in the facility for 544 days, and jail officials were not aware of any prior health issues.
“We have an independent investigation going on by the GBI, which is our standard procedure when there is an inmate death,” Ostrander said.
Prior to Tuesday the last inmate death at the Dougherty Jail occurred six weeks ago. Tony Randall Davis, who was in his 50s and had been in jail about two days, was in a cell by himself and a jail staff member discovered him unresponsive while making rounds. He was later pronounced dead at Phoebe.
The GBI has completed its investigation and is awaiting the results of toxicology tests, Ostrander said.
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– Company also announces option grants to management –
OAKLAND, Calif. and TORONTO, April 29, 2022 /PRNewswire/ - Harborside Inc. ("Harborside" or the "Company") (CSE: HBOR) (OTCQX: HBORF), a California-focused, vertically integrated cannabis enterprise, today announced that a promissory note in the amount of US$6.23 million (the "Note"), which includes principal, interest and fees, has been repaid by: (i) a cash payment in the amount of US$358,541.10; and (ii) the issuance of US$5.87 million worth of subordinate voting shares ("SVS") of Harborside at a price of US$0.35/Cdn$0.45 per SVS, that being 16,660,993 SVS. The Note, which was issued in July 2021 by UL Holdings Inc. ("Urbn Leaf") in relation to a bridge financing, is now considered to be paid in full and is no longer outstanding.
"We are delighted that holder of the Note elected to convert the Note into Harborside equity," said Ed Schmults, Chief Executive Officer of Harborside. "This show of support for the Company underlines the potential we are unlocking through the recent business combinations with both Urbn Leaf and Loudpack. The Company, to be renamed StateHouse Holdings Inc., is now one of the largest vertically integrated cannabis enterprises in California and represents an ideal platform to consolidate the industry."
Harborside also announced the grant of options to certain members of management to purchase up to an aggregate 1,540,000 SVS. The options are exercisable at the greater of Cdn$0.75 per SVS and the closing market price of the SVS on the date of grant of the options. 25% of the total number of options granted will become fully vested on each of the first, second, third and fourth anniversary of the date of the grant.
"Harborside is committed to a full alignment of interests between management and shareholders," added Mr. Schmults. "With the combination of the three companies, we have put in place a best-in-class management team and I am hopeful that these grants of options will further enhance our team's commitment to achieving the Company's full potential."
Harborside, a vertically integrated enterprise with cannabis licenses covering retail, major brands, distribution, cultivation, nursery and manufacturing, is one of the oldest and most respected cannabis companies in California. Founded in 2006, Harborside was awarded one of the first six medical cannabis licenses granted in the United States. Today, the Company operates twelve dispensaries covering Northern and Southern California and one in Oregon, as well as a manufacturing facility in Oakland, California, distribution facilities in San Jose and Los Angeles, California and integrated cultivation/production facilities in Salinas and Greenfield, California. Harborside is a publicly listed company, currently trading on the Canadian Securities Exchange ("CSE") under the ticker symbol "HBOR" and the OTCQX under the ticker symbol "HBORF". The Company continues to play an instrumental role in making cannabis safe and accessible to a broad and diverse community of California and Oregon consumers.
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking statements") within the meaning of the applicable Canadian and United States securities legislation. To the extent any forward-looking information in this news release constitutes "financial outlooks" or "future-oriented financial information" within the meaning of applicable Canadian securities laws, the reader is cautioned not to place undue reliance on such information. All statements, other than statements of historical fact, are forward-looking statements and are based on expectations, estimates, and projections as at the date of this news release. Any statement that involves discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking statements. In this news release, forward-looking statements include, among other things, statements relating to the name change of the Company, and the Company's future performance.
These forward-looking statements are based on reasonable assumptions and estimates of management of the Company at the time such statements were made. Actual future results may differ materially as forward-looking statements involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance, or achievements of the Company to materially differ from any future results, performance, or achievements expressed or implied by such forward-looking statements. Such factors, among other things, include: implications of the COVID-19 pandemic on the Company's operations; fluctuations in general macroeconomic conditions; fluctuations in securities markets; expectations regarding the size of the cannabis markets where the Company operates; changing consumer habits; the ability of the Company to successfully achieve its business objectives; plans for expansion and acquisitions; political and social uncertainties; inability to obtain adequate insurance to cover risks and hazards; employee relations; the presence of laws and regulations that may impose restrictions on cultivation, production, distribution, and sale of cannabis and cannabis-related products in the markets where the Company operates; and the risk factors set out in the Company's management discussion and analysis for the period ended December 31, 2021 and the Company's listing statement dated May 30, 2019, which are available under the Company's profile on www.sedar.com. Although the forward-looking statements contained in this news release are based upon what management of the Company believes, or believed at the time, to be reasonable assumptions, the Company cannot assure shareholders that actual results will be consistent with such forward-looking statements, as there may be other factors that cause results not to be as anticipated, estimated or intended. Readers should not place undue reliance on the forward-looking statements and information contained in this news release. The Company assumes no obligation to update the forward-looking statements of beliefs, opinions, projections, or other factors, should they change, except as required by law.
The Company, through several of its subsidiaries, is indirectly involved in the manufacture, possession, use, sale, and distribution of cannabis in the recreational and medicinal cannabis marketplace in the United States. Local state laws where the Company operates permit such activities however, investors should note that there are significant legal restrictions and regulations that govern the cannabis industry in the United States. Cannabis remains a Schedule I drug under the US Controlled Substances Act, making it illegal under federal law in the United States to, among other things, cultivate, distribute or possess cannabis in the United States. Financial transactions involving proceeds generated by, or intended to promote, cannabis-related business activities in the United States may form the basis for prosecution under applicable United States federal money laundering legislation.
While the approach to enforcement of such laws by the federal government in the United States has trended toward non-enforcement against individuals and businesses that comply with recreational and medicinal cannabis programs in states where such programs are legal, strict compliance with state laws with respect to cannabis will neither absolve the Company of liability under United States federal law, nor will it provide a defense to any federal proceeding which may be brought against the Company. The enforcement of federal laws in the United States is a significant risk to the business of the Company and any proceedings brought against the Company thereunder may adversely affect the Company's operations and financial performance.
This news release does not constitute an offer to sell, or a solicitation of an offer to buy, any securities in the United States. The Company's securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.
The CSE has neither approved nor disapproved the contents of this news release. Neither the CSE nor its Market Regulator (as that term is defined in the policies of the CSE) accepts responsibility for the adequacy or accuracy of this release.
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SOURCE Harborside Inc. | https://www.wibw.com/prnewswire/2022/04/29/harborside-inc-announces-conversion-us587-million-promissory-note-equity/ | 2022-04-30T11:12:33Z |
TIFTON — Caleb Bagley, a senior rural community development major from Douglas, has been elected as the 2022-2023 Student Government Association president at Abraham Baldwin Agricultural College.
"At ABAC, there are so many ways to get involved in leadership, and I am ever grateful for that and the opportunity to serve as SGA president this year," Bagley said.
One of Bagley's goals for the upcoming fall semester, he said, is to grow as a leader.
"The community here allows everyone to thrive in their own element and be a part of something greater than just themselves,” he said. “There are countless opportunities available."
Bagley said he believes in being proactive in college affairs and is involved in many clubs on the ABAC campus. He is president of College Republicans, a member of the Student Alumni Council, an ABAC Ambassador, and a member of Active Minds.
ABAC offers more than 60 clubs and organizations for students to be a part of.
"ABAC life is unlike any other college experience, and I promise that students won't regret taking that first step into a club's door or rushing a fraternity/sorority on campus,” Bagley said. “As SGA president, I guarantee that if a student needs something, no matter what, SGA will be there to help every step of the way.
"We are to be a resource for students so that they can come to us and share their thoughts and concerns. The opportunities here at ABAC are limitless, and those opportunities are waiting for students to take advantage of them."
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Learn which are the top-ranked companies at the 2022 Top Workplace Awards
LAS VEGAS, Sept. 15, 2022 /PRNewswire/ -- Top Workplaces Nevada will announce the number one companies of 2022 in an awards ceremony to be held at Palace Station Hotel & Casino Wednesday, September 28, 2022, from 11:30 a.m. to 1:30 p.m. Fifty-six companies were chosen by their employees as Nevada's Top Workplaces. The specific rankings for small, midsize and large companies, and individual leadership awards will be announced at the awards ceremony.
A lunch buffet and dessert will be followed by keynote speaker Tina Quigley, President and CEO of the Las Vegas Global Economic Alliance (LVGEA). Her priorities for the agency include strengthening partnerships with regional economic development stakeholders and workforce training programs.
The Specialty Awards will be presented by comedian and impressionist John Di Domenico, best known for his award-winning impressions of Donald Trump, Dr. Phil and Austin Powers.
The awards ceremony will also feature a panel discussion on Retaining Top Talent in the Age of Employee Shift. The panel will be moderated by Peter Guzman, CEO and President of the Latin Chamber of Commerce and include Michael Quinn of Everi and Sean Combs of Steelhead Productions
The awards ceremony will conclude with the anticipated presentation of the first, second, and third place for small, midsize, and large Nevada Businesses.
"We expect a record number of businesses to attend this year's awards ceremony," said Tom Heaton, senior director of advertising. "This year, we have had such a positive response from our business owners from nearly every industry to Nevada Top Workplaces. I believe it's an indicator that our state's business community wants to connect for information, education and exchange of ideas. Nevada has always been resilient, innovative and respectful of our leaders' knowledge. We are on course to make this event the best ever."
Energage, a Philadelphia-based research company, conducted an extensive employee survey on 91 companies out of 1,532 which were invited to participate in the process. Energage calculated winners based solely on employee feedback.
To purchase tickets for the Top Workplaces Awards event, visit reviewjournal.com/topworkplaces, email recruitment@reviewjournal.com or call 702-380-4549.
Since 1909, the Las Vegas Review-Journal has been Nevada's comprehensive media leader. Over the years, it has transformed itself from an award-winning newspaper that not only delivers local and community news but spans the globe with far-reaching topics and coverage. The Review-Journal has forged into multimedia and digital platforms through its website Reviewjournal.com, which includes a network of niche publications, breaking news, e-newsletters, customized content, custom printing, a production studio, and more to meet the specific needs of readers and advertisers alike.
Media Contact:
Ana Quiquivix
702-383-4613
aquiquivix@reviewjournal.com
https://www.reviewjournal.com/topworkplaces
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SOURCE Las Vegas Review-Journal | https://www.wibw.com/prnewswire/2022/09/15/las-vegas-review-journal-2022-top-workplaces-awards-palace-station-hotel-casino/ | 2022-09-15T22:54:49Z |
LONDON, Aug. 16, 2022 /PRNewswire/ -- With display technology improving for bending radius (BR) and transmittance (TR), shipments of transformable displays are expected to reach approximately 117.7 million units in 2029 with a 2.7% share of total flat panel display market according to the latest research from Omdia.
Omdia defines transformable display in terms of bending radius and transmittance, and categorizes as bendable, foldable, rollable, stretchable, and transparent displays. Foldable display is expected to be the highest developing form factor up to 2029, due to its rapid expansion through premium smartphone applications. Foldable display shipments are expected to increase to 107.5 million units in 2029 with a 2.5% share of total flat panel display market, and the CAGR will be 28.0% from 2022 to 2029.
OLED (Organic Light Emitting Diode) display is expected to be the most spotlighted technology than any other transformable display. OLED display is self-emissive and thin structured which can be flexible and transparent and allows the design of various transformable display such as foldable display.
"During last two decades, most panel makers have demonstrated or launched various kinds of transformable display. OLED display has proven itself as multi-functional across transformable display while other display technologies are quite limited in terms of bending radius and transmittance," said Jerry Kang, Omdia Research Manager. "LCD (Liquid Crystal Display) continues to dominate the transparent display market in terms of shipment area, due to its popularity in the showcase and cooler market where the light source can be easily embedded."
Shipment of transformable displays have increased slowly with limited demand of special purpose application in products such as foldable smartphones, rollable TVs, transparent coolers, etc. rather than typical consumer applications such as smartphones, smartwatches, tablets etc. While this area is not expected to grow aggressively in the short term, innovative form factors can and have expanded the usage of display as we have seen in the case of flexible display which has quickly penetrated the smartphone display market.
About Omdia
Omdia is a leading research and advisory group focused on the technology industry. With clients operating in over 120 countries, Omdia provides market-critical data, analysis, advice, and custom consulting.
Contact:
Fasiha Khan / T: +44 7503 666806 / E: fasiha.khan@omdia.com
Visit Omdia
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SOURCE Omdia | https://www.wibw.com/prnewswire/2022/08/16/omdia-transformable-display-market-will-grow-up-1177-million-units-2029/ | 2022-08-16T05:32:26Z |
CALGARY, AB, July 28, 2022 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced its second-quarter 2022 results, including revenues of $2.20 billion, reported operating ratio ("OR") of 60.6 percent, adjusted OR1 of 59.7 percent, reported diluted earnings per share ("EPS") of $0.82 and core adjusted diluted EPS1 of $0.95.
"After a challenging first quarter of the year, I'm proud of the resiliency and discipline the CP team demonstrated to deliver these results," said Keith Creel, CP President and CEO. "They continue to display the grit and tenacity it takes to run a world-class North American railroad and deliver for our customers."
Second-quarter highlights
- Revenues increased by 7 percent to $2.20 billion from $2.05 billion last year
- Reported OR increased by 50 basis points to 60.6 percent from 60.1 percent last year
- Adjusted OR1 increased by 440 basis points to 59.7 percent from 55.3 percent last year
- Reported diluted EPS was $0.82, a 56 percent decrease from last year
- Core adjusted diluted EPS1, excluding significant items and Kansas City Southern ("KCS") purchase accounting, was $0.95, an 8 percent decrease from last year
"The strong demand environment for North American goods and commodities, coupled with our own unique growth initiatives and the promising upcoming Canadian grain crop, gives me confidence that we will continue to see momentum build into the back half of 2022 and beyond," said Creel.
CP is continuing to progress towards creating the first single-line rail network linking the U.S., Mexico and Canada by combining with KCS, subject to U.S. Surface Transportation Board approval.
"Our proposed combination with KCS will connect customers to new markets, enhance competition in the U.S. rail network and drive economic growth across North America," Creel said. "As we continue to progress toward this historic combination, our excitement about the opportunities ahead with the combined companies continues to grow."
Conference Call Details
CP will discuss its results with the financial community in a conference call beginning at 8:30 a.m. ET (6:30 a.m. MT) on July 28, 2022.
Conference Call Access
Canada and U.S.: 866-831-8713
International: 203-518-9822
*Conference ID: CPQ222
Callers should dial in 10 minutes prior to the call.
Webcast
We encourage you to access the webcast and presentation material in the Investors section of CP's website at investor.cpr.ca.
A replay of the second-quarter conference call will be available by phone through to Aug. 4, 2022 at 800-839-6910 (Canada/U.S.) or 402-220-6058 (International).
Note on forward-looking information
This news release may contain certain forward-looking information and forward-looking statements (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information includes, but is not limited to, statements concerning expectations, beliefs, plans, goals, objectives, assumptions and statements about possible future events, conditions, and results of operations or performance. Forward-looking information may contain statements with words or headings such as "financial expectations", "key assumptions", "anticipate", "believe", "expect", "plan", "will", "outlook", "should" or similar words suggesting future outcomes. This news release contains forward-looking information relating, but not limited to statements concerning, cost control efforts, the success of our business, changes to economic and industry conditions, the status of the CP-KCS transaction, including related regulatory approvals, and the opportunities arising there from, our operations, priorities and plans, anticipated financial and operational performance, business prospects and demand for our services and growth opportunities.
The forward-looking information that may be in this news release is based on current expectations, estimates, projections and assumptions, having regard to CP's experience and its perception of historical trends, and includes, but is not limited to, expectations, estimates, projections and assumptions relating to: changes in business strategies, North American and global economic growth; commodity demand growth; sustainable industrial and agricultural production; commodity prices and interest rates; performance of our assets and equipment; sufficiency of our budgeted capital expenditures in carrying out our business plan; geopolitical conditions, applicable laws, regulations and government policies; the availability and cost of labour, services and infrastructure; the satisfaction by third parties of their obligations to CP; and the anticipated impacts of the COVID-19 pandemic on CP businesses, operating results, cash flows and/or financial condition. Although CP believes the expectations, estimates, projections and assumptions reflected in the forward-looking information presented herein are reasonable as of the date hereof, there can be no assurance that they will prove to be correct. Current conditions, economic and otherwise, render assumptions, although reasonable when made, subject to greater uncertainty.
Undue reliance should not be placed on forward-looking information as actual results may differ materially from those expressed or implied by forward-looking information. By its nature, CP's forward-looking information involves inherent risks and uncertainties that could cause actual results to differ materially from the forward looking information, including, but not limited to, the following factors: changes in business strategies and strategic opportunities; general Canadian, U.S., Mexican and global social, economic, political, credit and business conditions; risks associated with agricultural production such as weather conditions and insect populations; the availability and price of energy commodities; the effects of competition and pricing pressures, including competition from other rail carriers, trucking companies and maritime shippers in Canada, the U.S. and Mexico; North American and global economic growth; industry capacity; shifts in market demand; changes in commodity prices and commodity demand; uncertainty surrounding timing and volumes of commodities being shipped via CP; inflation; geopolitical instability; changes in laws, regulations and government policies, including regulation of rates; changes in taxes and tax rates; potential increases in maintenance and operating costs; changes in fuel prices; disruption in fuel supplies; uncertainties of investigations, proceedings or other types of claims and litigation; compliance with environmental regulations; labour disputes; changes in labour costs and labour difficulties; risks and liabilities arising from derailments; transportation of dangerous goods; timing of completion of capital and maintenance projects; sufficiency of budgeted capital expenditures in carrying out business plans; services and infrastructure; the satisfaction by third parties of their obligations; currency and interest rate fluctuations; exchange rates; effects of changes in market conditions and discount rates on the financial position of pension plans and investments; trade restrictions or other changes to international trade arrangements; the effects of current and future multinational trade agreements on the level of trade among Canada, the U.S. and Mexico; climate change and the market and regulatory responses to climate change; anticipated in-service dates; success of hedging activities; operational performance and reliability; customer, regulatory and other stakeholder approvals and support; regulatory and legislative decisions and actions; the adverse impact of any termination or revocation by the Mexican government of Kansas City Southern de México, S.A. de C.V.'s Concession; public opinion; various events that could disrupt operations, including severe weather, such as droughts, floods, avalanches and earthquakes, and cybersecurity attacks, as well as security threats and governmental response to them, and technological changes; acts of terrorism, war or other acts of violence or crime or risk of such activities; insurance coverage limitations; material adverse changes in economic and industry conditions, including the availability of short and long-term financing; the pandemic created by the outbreak of COVID-19 and its variants and resulting effects on economic conditions, the demand environment for logistics requirements and energy prices, restrictions imposed by public health authorities or governments, fiscal and monetary policy responses by governments and financial institutions, and disruptions to global supply chains; the realization of anticipated benefits and synergies of the CP-KCS transaction and the timing thereof; the success of integration plans for KCS; the focus of management time and attention on the CP-KCS transaction and other disruptions arising from the transaction; estimated future dividends; financial strength and flexibility; debt and equity market conditions, including the ability to access capital markets on favourable terms or at all; cost of debt and equity capital; and the ability of the management of the Company to execute key priorities, including those in connection with the CP-KCS transaction. The foregoing list of factors is not exhaustive. These and other factors are detailed from time to time in reports filed by CP with securities regulators in Canada and the United States. Reference should be made to "Item 1A - Risk Factors" and "Item 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations - Forward-Looking Statements" in CP's annual and interim reports on Form 10-K and 10-Q.
Any forward-looking information contained in this news release is made as of the date hereof. Except as required by law, CP undertakes no obligation to update publicly or otherwise revise any forward-looking information, or the foregoing assumptions and risks affecting such forward-looking information, whether as a result of new information, future events or otherwise.
About Canadian Pacific
Canadian Pacific is a transcontinental railway in Canada and the United States with direct links to major ports on the west and east coasts. CP provides North American customers a competitive rail service with access to key markets in every corner of the globe. CP is growing with its customers, offering a suite of freight transportation services, logistics solutions and supply chain expertise. Visit cpr.ca to see the rail advantages of CP. CP-IR
FINANCIAL STATEMENTS
INTERIM CONSOLIDATED STATEMENTS OF INCOME
(unaudited)
INTERIM CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME
(unaudited)
INTERIM CONSOLIDATED BALANCE SHEETS AS AT
(unaudited)
INTERIM CONSOLIDATED STATEMENTS OF CASH FLOWS
(unaudited)
INTERIM CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY
(unaudited)
NOTES TO INTERIM CONSOLIDATED FINANCIAL STATEMENTS
June 30, 2022
(unaudited)
1 Basis of presentation
These unaudited Interim Consolidated Financial Statements ("Interim Consolidated Financial Statements") of Canadian Pacific Railway Limited ("CPRL") and its subsidiaries (collectively, "CP", or "the Company"), expressed in Canadian dollars, reflect management's estimates and assumptions that are necessary for their fair presentation in conformity with generally accepted accounting principles in the United States of America ("GAAP"). They do not include all disclosures required under GAAP for annual financial statements and should be read in conjunction with the 2021 annual Consolidated Financial Statements and notes included in CP's 2021 Annual Report on Form 10-K. The accounting policies used are consistent with the accounting policies used in preparing the 2021 annual Consolidated Financial Statements.
CP's operations can be affected by seasonal fluctuations such as changes in customer demand and weather-related issues. This seasonality could impact quarter-over-quarter comparisons.
In management's opinion, the Interim Consolidated Financial Statements include all adjustments (consisting of normal and recurring adjustments) necessary to present fairly such information. Interim results are not necessarily indicative of the results expected for the fiscal year.
2 Accounting changes
Implemented in 2022
Government Assistance
On January 1, 2022, the Company adopted the new Accounting Standards Update ("ASU") 2021-10, issued by the Financial Accounting Standards Board ("FASB"), and all related amendments under FASB Accounting Standards Codification ("ASC") Topic 832, Government Assistance. The amendment is made to increase transparency by introducing specific disclosure requirements for entities who apply a grant or contribution model by analogy to account for transactions with a government. This update is applied to government assistance transactions within the scope of this amendment that are in the financial statements at the date of initial application and prospectively to new transactions entered into after initial application. See Note 9 for further discussion on government assistance.
All other accounting pronouncements that became effective during the period covered by the Interim Consolidated Financial Statements did not have a material impact on the Company's Consolidated Financial Statements and related disclosures.
Future changes
Contract Assets and Contract Liabilities Acquired in a Business Combination
In October 2021, the FASB issued ASU 2021-08, Business Combinations (Topic 805), Accounting for Contract Assets and Contract Liabilities from Contracts with Customers. This amendment introduces the requirement for an acquirer to recognize and measure contract assets and contract liabilities acquired in a business combination in accordance with the requirements of FASB ASC Topic 606, Revenue from Contracts with Customers, rather than at fair value. This amendment will be effective prospectively from January 1, 2023, with early adoption permitted. The Company is currently assessing the impact of this amendment.
All other accounting pronouncements recently issued, but not effective until after June 30, 2022, have been assessed and are not expected to have a material impact on the Company's Consolidated Financial Statements and related disclosures.
3 Revenues
The following table disaggregates the Company's revenues from contracts with customers by major source:
Contract liabilities
Contract liabilities represent payments received for performance obligations not yet satisfied and relate to deferred revenue and are presented as components of "Accounts payable and accrued liabilities" and "Other long-term liabilities" on the Company's Interim Consolidated Balance Sheets.
The following table summarizes the changes in contract liabilities:
4 Other expense
5 Income taxes
The effective tax rates including discrete items for the three and six months ended June 30, 2022 were 24.21% and 19.59%, respectively, compared to 17.10% and 19.50%, respectively for the same periods of 2021.
For the three months ended June 30, 2022, the effective tax rate was 24.25%, excluding the discrete items of equity earnings of Kansas City Southern ("KCS"), acquisition-related costs incurred by CP of $19 million, and outside basis deferred tax expense of $49 million arising from the difference between the carrying amount of CP's investment in KCS for financial reporting and the underlying tax basis of this investment.
For the three months ended June 30, 2021, the effective tax rate was 24.60%, excluding the discrete items of the merger termination fee of $845 million (U.S. $700 million) received in connection with KCS's termination of the Original Merger Agreement, foreign exchange ("FX") gain of $52 million on debt and lease liabilities, and acquisition-related costs of $308 million.
For the six months ended June 30, 2022, the effective tax rate was 24.25%, excluding the discrete items of equity earnings of KCS, acquisition-related costs incurred by CP of $39 million, and outside basis deferred tax expense of $17 million arising from the difference between the carrying amount of CP's investment in KCS for financial reporting and the underlying tax basis of this investment.
For the six months ended June 30, 2021, the effective tax rate was 24.60%, excluding the discrete items of the merger termination fee of $845 million (U.S. $700 million), FX gain of $85 million on debt and lease liabilities, and acquisition-related costs of $344 million.
6 Earnings per share
Basic earnings per share has been calculated using Net income for the period divided by the weighted-average number of shares outstanding during the period. The number of shares used in the earnings per share calculations are reconciled as follows:
For the three and six months ended June 30, 2022, there were 0.8 million and 0.4 million options, respectively, excluded from the computation of diluted earnings per share because their effects were not dilutive (three and six months ended June 30, 2021 - nil).
7 Changes in Accumulated other comprehensive loss ("AOCL") by component
Amounts in Pension and post-retirement defined benefit plans reclassified from AOCL are as follows:
8 Accounts receivable, net
9 Government assistance
By analogy to the grant model of accounting within International Accounting Standards ("IAS") 20, Accounting for Government Grants and Disclosure of Government Assistance, CP records government assistance from various levels of Canadian and U.S. governments and government agencies when the conditions of their receipt are complied with and there is reasonable assurance that the assistance will be received.
Government assistance related to properties have as a primary condition that CP should purchase, construct, or otherwise acquire property, plant and equipment. Under certain government assistance arrangements, there is a secondary condition which requires CP to repay a portion of the assistance if certain conditions related to the assets are not adhered to during a specified period. In these cases, it is CP's intention to comply with all conditions imposed by the terms of the government assistance. Government assistance received or receivable related to CP's property assets are deducted from the cost of the assets in the Interim Consolidated Balance Sheets within "Properties" and amortized over the same period as the related assets in "Depreciation and amortization" in the Interim Consolidated Statements of Income.
During the three and six months ended June 30, 2022, the Company received $6 million and $19 million, respectively, of government assistance towards the purchase and construction of properties.
As of June 30, 2022, the total Properties balance of $21,502 million is net of $274 million of unamortized government assistance (December 31, 2021 - $259 million), primarily related to the enhancement of CP's track and roadway infrastructure. Amortization expense related to government assistance for the three and six months ended June 30, 2022 was $2 million and $5 million, respectively.
10 Business acquisition
Kansas City Southern
The Company accounts for its investment in KCS using the equity method of accounting while the U.S. Surface Transportation Board ("STB") considers the Company's application to control KCS. The STB review of CP's proposed control of KCS while KCS is in the voting trust is expected to be completed in the first quarter of 2023. The investment in KCS of $43,203 million as at June 30, 2022 includes $208 million and $406 million of equity earnings of KCS for the three and six months ended June 30, 2022, respectively, offset by a dividend received of $334 million on January 27, 2022. Included within the $208 million and $406 million of equity earnings of KCS recognized for the three and six months ended June 30, 2022 was amortization (net of tax), of the approximately $30 billion basis difference, representing the difference in value between the consideration paid to acquire KCS and the underlying carrying value of the net assets of KCS as at December 14, 2021, immediately prior to the acquisition by CP. The amortization (net of tax), recognized for the three and six months ended June 30, 2022 was $39 million and $79 million, respectively. The basis difference is related to depreciable property, plant and equipment, intangible assets with definite lives, and long-term debt, and is amortized over the related assets' remaining useful lives, and the remaining terms to maturity of the debt instruments.
During the three and six months ended June 30, 2022, the Company incurred $19 million and $39 million, in acquisition-related costs, respectively, recorded within "Purchased services and other" in the Company's Interim Consolidated Statements of Income. Acquisition-related costs of $14 million and $27 million incurred by KCS during the three and six months ended June 30, 2022 are included within "Equity earnings of Kansas City Southern" in the Company's Interim Consolidated Statements of Income.
During the three and six months ended June 30, 2021, the Company incurred $308 million and $344 million in acquisition-related costs, respectively, of which $99 million and $132 million were recorded within "Purchased services and other" and $209 million and $212 million were recorded within "Other expense", respectively, including the amortization of financing fees associated with new credit facilities. Total financing fees paid for a bridge facility associated with the KCS acquisition during the three and six months ended June 30, 2021 were $12 million and $45 million, respectively, presented under Cash used in financing activities in the Company's Interim Consolidated Statements of Cash Flows.
On May 21, 2021, KCS terminated the Agreement and Plan of Merger entered into on March 21, 2021 (the "Original Merger Agreement") with CP to enter into a definitive agreement with Canadian National Railway. At the same time and in accordance with the terms of the Original Merger Agreement, KCS paid CP a termination fee of $845 million (U.S. $700 million). This amount is reported as "Merger termination fee" in the Company's Interim Consolidated Statements of Income for the three and six months ended June 30, 2021. No similar items were received in the same period of 2022.
11 Investment in KCS
The KCS investment carrying cost of $43,203 million reported on the Company's Interim Consolidated Balance Sheets as at June 30, 2022 reflects the consideration paid to acquire KCS, the asset recorded upon recognition of a deferred tax liability computed on an outside basis (see Note 5), the subsequent recognition of equity earnings, the dividend received from KCS, and foreign currency translation based on the quarter-end exchange rate.
The following table presents summarized financial information for KCS, on its historical cost basis:
Statement of Income
12 Debt
During the six months ended June 30, 2022, the Company repaid at maturity $125 million 5.100% 10-year Medium Term Notes, U.S. $250 million ($313 million) 4.500% 10-year Notes, and a U.S. $76 million ($97 million) 6.99% finance lease.
Credit facility
Effective March 14, 2022, the Company extended the maturity date of the U.S. $500 million unsecured non-revolving term credit facility (the "term facility") to September 15, 2022. As at June 30, 2022, the Company had borrowings of U.S. $400 million ($515 million) under this term facility (December 31, 2021 - U.S. $500 million) at an interest rate of 2.73% (December 31, 2021 - 1.38%).
Commercial paper program
The Company has a commercial paper program which enables it to issue commercial paper up to a maximum aggregate principal amount of U.S. $1.0 billion in the form of unsecured promissory notes. This commercial paper program is backed by the U.S. $1.3 billion revolving credit facility. As at June 30, 2022, the Company had total commercial paper borrowings of U.S. $540 million ($696 million), included in "Long-term debt maturing within one year" on the Company's Interim Consolidated Balance Sheets (December 31, 2021 - U.S. $265 million). The weighted-average interest rate on these borrowings was 2.00% (December 31, 2021 - 0.32%). The Company presents issuances and repayments of commercial paper, all of which have a maturity of less than 90 days, in the Company's Interim Consolidated Statements of Cash Flows on a net basis.
13 Financial instruments
A. Fair values of financial instruments
The Company categorizes its financial assets and liabilities measured at fair value into a three-level hierarchy established by GAAP that prioritizes those inputs to valuation techniques used to measure fair value based on the degree to which they are observable. The three levels of the fair value hierarchy are as follows: Level 1 inputs are quoted prices in active markets for identical assets and liabilities; Level 2 inputs, other than quoted prices included within Level 1, are observable for the asset or liability either directly or indirectly; and Level 3 inputs are not observable in the market.
The Company's short-term financial instruments may include cash and cash equivalents, restricted cash and cash equivalents, accounts receivable, accounts payable and accrued liabilities, and short-term borrowings including commercial paper and term loans. The carrying values of short-term financial instruments approximate their fair values.
The carrying value of the Company's long-term debt and finance lease liabilities does not approximate their fair value. Their estimated fair value has been determined based on market information, where available, or by discounting future payments of principal and interest at estimated interest rates expected to be available to the Company at period end. All measurements are classified as Level 2. The Company's long-term debt and finance lease liabilities, including current maturities, with a carrying value of $18,858 million as at June 30, 2022 (December 31, 2021 - $19,151 million), had a fair value of $17,570 million (December 31, 2021 - $21,265 million).
B. Financial risk management
FX management
Net investment hedge
The effect of the Company's net investment hedge for the three and six months ended June 30, 2022 was an unrealized FX loss of $216 million and $118 million, respectively (three and six months ended June 30, 2021 - unrealized FX gain of $86 million and $162 million, respectively) recognized in "Other comprehensive income (loss)".
14 Shareholders' equity
On January 27, 2021, the Company announced a normal course issuer bid ("NCIB"), commencing January 29, 2021, to purchase up to 16.7 million Common Shares in the open market for cancellation on or before January 28, 2022. Upon expiry of this NCIB, the Company had not purchased any Common Shares under this NCIB.
15 Pension and other benefits
In the three and six months ended June 30, 2022, the Company made contributions to its defined benefit pension plans of $4 million and $7 million, respectively (three and six months ended June 30, 2021 - $7 million and $11 million, respectively).
Net periodic benefit costs for defined benefit pension plans and other benefits included the following components:
16 Stock-based compensation
As at June 30, 2022, the Company had several stock-based compensation plans including stock option plans, various cash-settled liability plans, and an employee share purchase plan. These plans resulted in an expense for the three and six months ended June 30, 2022 of $2 million and $46 million, respectively (three and six months ended June 30, 2021 - expense of $25 million and $49 million, respectively).
Stock option plans
In the six months ended June 30, 2022, under CP's stock option plans, the Company issued 831,052 options at the weighted-average price of $90.91 per share, based on the closing price on the grant date. Pursuant to the employee plan, these options may be exercised upon vesting, which is between 12 months and 48 months after the grant date, and will expire after seven years.
Under the fair value method, the fair value of the stock options at grant date was approximately $16 million. The weighted-average fair value assumptions were approximately:
Performance share unit plans
During the six months ended June 30, 2022, the Company issued 411,999 Performance Share Units ("PSUs") with a grant date fair value of approximately $36 million and 13,506 Performance Deferred Share Units ("PDSUs") with a grant date fair value, including the value of expected future matching units, of approximately $2 million. PSUs and PDSUs attract dividend equivalents in the form of additional units based on dividends paid on the Company's Common Shares, and vest approximately three years after the grant date, contingent upon CP's performance ("performance factor"). The fair value of these PSUs and PDSUs is measured periodically until settlement. Vested PSUs are settled in cash. Vested PDSUs are settled in cash pursuant to the Deferred Share Unit ("DSU") Plan and are eligible for a 25% match if the holder has not exceeded their share ownership requirements, and are paid out only when the holder ceases their employment with CP.
The performance period for PSUs and PDSUs issued in the six months ended June 30, 2022 is January 1, 2022 to December 31, 2024 and the performance factors are Free Cash Flow ("FCF"), Adjusted Net Debt to Adjusted earnings before interest, tax, depreciation, and amortization ("EBITDA") Modifier, Total Shareholder Return ("TSR") compared to the S&P/TSX 60 Index, and TSR compared to S&P 500 Industrials Index.
The performance period for PSUs issued in 2019 was January 1, 2019 to December 31, 2021. The performance factors for 668,405 PSUs were Return on Invested Capital ("ROIC"), TSR compared to the S&P/TSX 60 Index, and TSR compared to Class I Railways. The resulting payout was 200% of the outstanding units multiplied by the Company's average share price calculated using the last 30 trading days preceding December 31, 2021. In the first quarter of 2022, payouts occurred on 631,457 total outstanding awards, including dividends reinvested, totalling $116 million.
Deferred share unit plan
During the six months ended June 30, 2022, the Company granted 46,930 Deferred Share Units ("DSUs") with a grant date fair value of approximately $4 million. DSUs vest over various periods of up to 36 months and are only redeemable for a specified period after employment is terminated. The expense for DSUs is recognized over the vesting period for both the initial subscription price and the change in value between reporting periods.
17 Contingencies
In the normal course of its operations, the Company becomes involved in various legal actions, including claims relating to injuries and damage to property. The Company maintains provisions it considers to be adequate for such actions. While the final outcome with respect to actions outstanding or pending at June 30, 2022 cannot be predicted with certainty, it is the opinion of management that their resolution will not have a material adverse effect on the Company's business, financial position or results of operations. However, an unexpected adverse resolution of one or more of these legal actions could have a material adverse effect on the Company's business, financial position, results of operations, or liquidity in a particular quarter or fiscal year.
Legal proceedings related to Lac-Mégantic rail accident
On July 6, 2013, a train carrying petroleum crude oil operated by Montréal Maine and Atlantic Railway ("MMAR") or a subsidiary, Montréal Maine & Atlantic Canada Co. ("MMAC" and collectively the "MMA Group"), derailed in Lac-Mégantic, Québec. The derailment occurred on a section of railway owned and operated by the MMA Group and while the MMA Group exclusively controlled the train.
Following the derailment, MMAC sought court protection in Canada under the Companies' Creditors Arrangement Act and MMAR filed for bankruptcy in the U.S. Plans of arrangement were approved in both Canada and the U.S. (the "Plans"), providing for the distribution of approximately $440 million amongst those claiming derailment damages.
A number of legal proceedings, set out below, were commenced in Canada and the U.S. against CP and others:
(1) Québec's Minister of Sustainable Development, Environment, Wildlife and Parks ordered various parties, including CP, to remediate the derailment site (the "Cleanup Order") and served CP with a Notice of Claim for $95 million for those costs. CP appealed the Cleanup Order and contested the Notice of Claim with the Administrative Tribunal of Québec. These proceedings are stayed pending determination of the Attorney General of Québec ("AGQ") action (paragraph 2 below).
(2) The AGQ sued CP in the Québec Superior Court claiming $409 million in damages, which was amended and reduced to $315 million (the "AGQ Action"). The AGQ Action alleges that: (i) CP was responsible for the petroleum crude oil from its point of origin until its delivery to Irving Oil Ltd.; and (ii) CP is vicariously liable for the acts and omissions of the MMA Group.
(3) A class action in the Québec Superior Court on behalf of persons and entities residing in, owning or leasing property in, operating a business in, or physically present in Lac-Mégantic at the time of the derailment was certified against CP on May 8, 2015 (the "Class Action"). Other defendants including MMAC and Mr. Thomas Harding ("Harding") were added to the Class Action on January 25, 2017. On November 28, 2019, the plaintiffs' motion to discontinue their action against Harding was granted. The Class Action seeks unquantified damages, including for wrongful death, personal injury, property damage, and economic loss.
(4) Eight subrogated insurers sued CP in the Québec Superior Court claiming approximately $16 million in damages, which was amended and reduced to approximately $15 million (the "Promutuel Action"), and two additional subrogated insurers sued CP claiming approximately $3 million in damages (the "Royal Action"). Both actions contain similar allegations as the AGQ Action. The actions do not identify the subrogated parties. As such, the extent of any overlap between the damages claimed in these actions and under the Plans is unclear. The Royal Action is stayed pending determination of the consolidated proceedings described below.
On December 11, 2017, the AGQ Action, the Class Action and the Promutuel Action were consolidated. The joint liability trial of these consolidated claims commenced on September 21, 2021 with oral arguments ending on June 15, 2022. A decision is expected by December 15, 2022. A damages trial will follow if necessary.
(5) Forty-eight plaintiffs (all individual claims joined in one action) sued CP, MMAC, and Harding in the Québec Superior Court claiming approximately $5 million in damages for economic loss and pain and suffering, and asserting similar allegations as in the Class Action and the AGQ Action. The majority of the plaintiffs opted-out of the Class Action and all but two are also plaintiffs in litigation against CP, described in paragraph 7 below. This action is stayed pending determination of the consolidated claims described above.
(6) The MMAR U.S. bankruptcy estate representative commenced an action against CP in November 2014 in the Maine Bankruptcy Court claiming that CP failed to abide by certain regulations and seeking approximately U.S. $30 million in damages for MMAR's loss in business value according to a recent expert report filed by the bankruptcy estate. This action asserts that CP knew or ought to have known that the shipper misclassified the petroleum crude oil and therefore should have refused to transport it.
(7) The class and mass tort action commenced against CP in June 2015 in Texas (on behalf of Lac-Mégantic residents and wrongful death representatives) and the wrongful death and personal injury actions commenced against CP in June 2015 in Illinois and Maine, were all transferred and consolidated in Federal District Court in Maine (the "Maine Actions"). The Maine Actions allege that CP negligently misclassified and improperly packaged the petroleum crude oil. On CP's motion, the Maine Actions were dismissed. The plaintiffs appealed the dismissal decision to the United States First Circuit Court of Appeals, which dismissed the plaintiffs' appeal on June 2, 2021. The plaintiffs further petitioned the United States First Circuit Court of Appeals for a rehearing, which was denied on September 8, 2021. On January 24, 2022, the plaintiffs further appealed to the U.S. Supreme Court on two bankruptcy procedural grounds. On May 31, 2022, the U.S. Supreme Court denied the petition, thereby rejecting the plaintiffs' appeal.
(8) The trustee for the wrongful death trust commenced Carmack Amendment claims against CP in North Dakota Federal Court, seeking to recover approximately U.S. $6 million for damaged rail cars and lost crude and reimbursement for the settlement paid by the consignor and the consignee under the Plans (alleged to be U.S. $110 million and U.S. $60 million, respectively). The Court issued an Order on August 6, 2020 granting and denying in parts the parties' summary judgment motions which has been reviewed and confirmed following motions by the parties for clarification and reconsideration. This action is scheduled for trial on November 7 to 11, 2022.
At this stage of the proceedings, any potential responsibility and the quantum of potential losses cannot be determined. Nevertheless, CP denies liability and is vigorously defending these proceedings.
Environmental liabilities
Environmental remediation accruals, recorded on an undiscounted basis unless a reliable, determinable estimate as to an amount and timing of costs can be established, cover site-specific remediation programs.
The accruals for environmental remediation represent CP's best estimate of its probable future obligation and include both asserted and unasserted claims, without reduction for anticipated recoveries from third parties. Although the recorded accruals include CP's best estimate of all probable costs, CP's total environmental remediation costs cannot be predicted with certainty. Accruals for environmental remediation may change from time to time as new information about previously untested sites becomes known, and as environmental laws and regulations evolve and advances are made in environmental remediation technology. The accruals may also vary as the courts decide legal proceedings against outside parties responsible for contamination. These potential charges, which cannot be quantified at this time, may materially affect income in the particular period in which a charge is recognized. Costs related to existing, but as yet unknown, or future contamination will be accrued in the period in which they become probable and reasonably estimable.
The expense included in "Purchased services and other" in the Company's Interim Consolidated Statements of Income for the three and six months ended June 30, 2022 was $2 million and $4 million (three and six months ended June 30, 2021 - $2 million and $4 million, respectively). Provisions for environmental remediation costs are recorded in the Company's Interim Consolidated Balance Sheets in "Other long-term liabilities", except for the current portion which is recorded in "Accounts payable and accrued liabilities". The total amount provided as at June 30, 2022 was $81 million (December 31, 2021 - $79 million). Payments are expected to be made over 10 years through 2031.
Summary of Rail Data
Summary of Rail Data (Continued)
Summary of Rail Data (Continued)
Summary of Rail Data (Continued)
Non-GAAP Measures
The Company presents Non-GAAP measures to provide a basis for evaluating underlying earnings and liquidity trends in the Company's business that can be compared with the results of operations in prior periods. In addition, these Non-GAAP measures facilitate a multi-period assessment of long-term profitability, allowing management and other external users of the Company's consolidated financial information to compare profitability on a long-term basis, including assessing future profitability, with that of the Company's peers.
These Non-GAAP measures have no standardized meaning and are not defined by accounting principles generally accepted in the United States of America ("GAAP") and, therefore, may not be comparable to similar measures presented by other companies. The presentation of these Non-GAAP measures is not intended to be considered in isolation from, as a substitute for, or as superior to the financial information presented in accordance with GAAP.
Non-GAAP Performance Measures
The Company uses adjusted earnings results including Adjusted income, Adjusted diluted earnings per share, Adjusted operating income and Adjusted operating ratio to evaluate the Company's operating performance and for planning and forecasting future business operations and future profitability. Core adjusted income and Core adjusted diluted earnings per share are presented to provide financial statement users with additional transparency by isolating for the impact of KCS purchase accounting. KCS purchase accounting represents the amortization of basis differences, being the difference in value between the consideration paid to acquire KCS and the underlying carrying value of the net assets of KCS immediately prior to its acquisition by the Company. All assets subject to KCS purchase accounting contribute to income generation and will continue to amortize over their estimated useful lives. These Non-GAAP measures provide meaningful supplemental information regarding operating results because they exclude certain significant items that are not considered indicative of future financial trends either by nature or amount or provide improved comparability to past performance. As a result, these items are excluded for management assessment of operational performance, allocation of resources and preparation of annual budgets. These significant items may include, but are not limited to, restructuring and asset impairment charges, individually significant gains and losses from sales of assets, acquisition-related costs, the merger termination payment received, the foreign exchange ("FX") impact of translating the Company's debt and lease liabilities (including borrowings under the credit facility), discrete tax items, changes in the outside basis tax difference between the carrying amount of CP's equity investment in KCS and its tax basis of this investment, changes in income tax rates, changes to an uncertain tax item, and certain items outside the control of management. Acquisition-related costs include legal, consulting, financing fees, integration planning costs consisting of third-party services and system migration, fair value gain or loss on FX forward contracts and interest rate hedges, FX gain on U.S. dollar-denominated cash on hand from the issuances of long-term debt to fund the KCS acquisition, and transaction and integration costs incurred by KCS which were recognized within Equity earnings of Kansas City Southern in the Company's Interim Consolidated Statements of Income. These items may not be non-recurring. However, excluding these significant items from GAAP results allows for a consistent understanding of the Company's consolidated financial performance when performing a multi-period assessment including assessing the likelihood of future results. Accordingly, these Non-GAAP financial measures may provide insight to investors and other external users of the Company's consolidated financial information.
Significant items that impact reported earnings for the first six months of 2022, the twelve months of 2021, and the last six months of 2020 include:
2022:
- a net deferred tax expense of $17 million on changes in the outside basis difference of the equity investment in KCS that unfavourably impacted Diluted EPS by 2 cents as follows:
- acquisition-related costs of $66 million in connection with the KCS acquisition ($59 million after current tax recovery of $7 million), including costs of $39 million recognized in Purchased services and other, and $27 million recognized in Equity earnings of KCS, that unfavourably impacted Diluted EPS by 6 cents as follows:
2021:
- in the fourth quarter, a deferred tax recovery of $33 million on changes in the outside basis difference of the equity investment in KCS that favourably impacted Diluted EPS by 5 cents;
- in the second quarter, the merger termination payment received of $845 million ($748 million after current taxes) in connection with KCS's termination of the Agreement and Plan of Merger (the "Original Merger Agreement") effective May 21, 2021 that favourably impacted Diluted EPS by $1.11;
- during the course of the year, acquisition-related costs of $599 million in connection with the KCS acquisition ($500 million after current tax recovery of $107 million net of deferred tax expense of $8 million), including costs of $183 million recognized in Purchased services and other, $169 million recognized in Equity loss of KCS, and $247 million recognized in Other expense (income), that unfavourably impacted Diluted EPS by 75 cents as follows:
- during the course of the year, a net non-cash gain of $7 million ($6 million after deferred tax) due to FX translation of debt and lease liabilities that favourably impacted Diluted EPS by 1 cent as follows:
2020:
- in the fourth quarter, a deferred tax recovery of $29 million due to a change relating to a tax return filing election for the state of North Dakota that favourably impacted Diluted EPS by 5 cents; and
- a net non-cash gain of $143 million ($128 million after deferred tax) due to FX translation of debt and lease liabilities that favourably impacted Diluted EPS by 19 cents as follows:
Reconciliation of GAAP Performance Measures to Non-GAAP Performance Measures
The following tables reconcile the most directly comparable measures presented in accordance with GAAP to the Non-GAAP measures:
Adjusted income is calculated as Net income reported on a GAAP basis adjusted for significant items. Core adjusted income is calculated as Adjusted income less KCS purchase accounting.
Adjusted diluted earnings per share is calculated using Adjusted income, as defined above, divided by the weighted-average diluted number of Common Shares outstanding during the period as determined in accordance with GAAP. Core adjusted diluted earnings per share is calculated as Adjusted diluted earnings per share less KCS purchase accounting.
Adjusted operating income is calculated as Operating income reported on a GAAP basis less significant items.
Adjusted operating ratio excludes those significant items that are reported within operating income.
Adjusted Return on Invested Capital ("Adjusted ROIC")
Adjusted ROIC is calculated as Adjusted return divided by Adjusted average invested capital. Adjusted return is defined as Net income adjusted for interest expense, tax effected at the Company's adjusted annualized effective tax rate, and significant items in the Company's Consolidated Financial Statements, tax effected at the applicable tax rate. Adjusted average invested capital is defined as the sum of total Shareholders' equity, Long-term debt, and Long-term debt maturing within one year, as presented in the Company's Consolidated Financial Statements, each averaged between the beginning and ending balance over a trailing twelve month period, adjusted for the impact of significant items, tax effected at the applicable tax rate, on closing balances as part of this average. Adjusted ROIC excludes significant items reported in the Company's Consolidated Financial Statements, as these significant items are not considered indicative of future financial trends either by nature or amount, and excludes interest expense, net of tax, to incorporate returns on the Company's overall capitalization. Adjusted ROIC is a performance measure that measures how productively the Company uses its long-term capital investments, representing critical indicators of good operating and investment decisions made by management, and is an important performance criteria in determining certain elements of the Company's long-term incentive plan. Adjusted ROIC is reconciled below from Return on average shareholders' equity, the most comparable measure calculated in accordance with GAAP.
Calculation of Return on average shareholders' equity
Reconciliation of Net income to Adjusted return
Reconciliation of Average shareholders' equity to Adjusted average invested capital
Calculation of Adjusted ROIC
Free Cash
Free cash is calculated as Cash provided by operating activities, less Cash used in investing activities, adjusted for changes in cash and cash equivalents balances resulting from FX fluctuations, the operating cash flow impacts of acquisition-related costs associated with the KCS transaction, and the merger termination payment received related to KCS's termination of the Original Merger Agreement. Free cash is a measure that management considers to be a valuable indicator of liquidity. Free cash is useful to investors and other external users of the Company's Consolidated Financial Statements as it assists with the evaluation of the Company's ability to generate cash to satisfy debt obligations and discretionary activities such as dividends, share repurchase programs, and other strategic opportunities. The acquisition-related costs associated with the KCS acquisition are not indicative of operating trends and have been excluded from Free cash. Free cash should be considered in addition to, rather than as a substitute for, Cash provided by operating activities.
Reconciliation of Cash Provided by Operating Activities to Free Cash
Foreign Exchange Adjusted % Change
FX adjusted % change allows certain financial results to be viewed without the impact of fluctuations in foreign currency exchange rates, thereby facilitating period-to-period comparisons in the analysis of trends in business performance. Financial result variances at constant currency are obtained by translating the comparable period of the prior year results denominated in U.S. dollars at the foreign exchange rates of the current period.
FX adjusted % changes in revenues are further used in calculating FX adjusted % change in freight revenue per carload and RTM. FX adjusted % changes in revenues are as follows:
FX adjusted % changes in operating expenses are as follows:
FX adjusted % change in operating income is as follows:
Adjusted Net Debt to Adjusted EBITDA Ratio and Pro-forma adjusted Net Debt to Pro-forma adjusted EBITDA Ratio
Adjusted net debt to Adjusted earnings before interest, tax, depreciation and amortization ("EBITDA") ratio is calculated as Adjusted net debt divided by Adjusted EBITDA. The Adjusted net debt to Adjusted EBITDA ratio is a key credit measure used to assess the Company's financial capacity. The ratio provides information on the Company's ability to service its debt and other long-term obligations from operations, excluding significant items. The Adjusted net debt to Adjusted EBITDA ratio is reconciled below from the Long-term debt to Net income ratio, the most comparable measure calculated in accordance with GAAP.
Beginning in the first quarter of 2022, CP added disclosure of Pro-forma adjusted net debt to Pro-forma adjusted EBITDA ratio to better align with CP's debt covenant calculation, which incorporates the trailing twelve month adjusted EBITDA of KCS as well as KCS's outstanding debt. CP is incorporating the trailing twelve month adjusted EBITDA of KCS on a pro-forma basis, as CP is not entitled to earnings prior to the acquisition date of December 14, 2021. CP does not control KCS while it is in the voting trust during review of our merger application by the U.S. Surface Transportation Board ("STB"), though CP is the beneficial owner of KCS's outstanding shares and receives cash dividends from KCS. The adjustment to include the trailing twelve month EBITDA and KCS's outstanding debt provides users of the financial statements with better insight into CP's progress in achieving deleveraging commitments. KCS's disclosed U.S. dollar financial values for the trailing twelve months ended June 30, 2022 were adjusted to Canadian dollars reflecting the FX rate for the appropriate period presented. We have not presented 2021 Pro-forma adjusted net debt to Pro-forma adjusted EBITDA as CP was not the beneficial owner of KCS's shares as at June 30, 2021.
Calculation of Long-term Debt to Net Income Ratio
Reconciliation of Long-term Debt to Adjusted Net Debt and Pro-forma Adjusted Net Debt
Adjusted net debt is defined as Long-term debt, Long-term debt maturing within one year, and Short-term borrowing as reported on the Company's Consolidated Balance Sheets adjusted for pension plans deficit, operating lease liabilities recognized on the Company's Consolidated Balance Sheets, and Cash and cash equivalents. Adjusted net debt is used as a measure of debt and long-term obligations as part of the calculation of Adjusted Net Debt to Adjusted EBITDA.
Reconciliation of Net Income to EBIT, Adjusted EBIT and Adjusted EBITDA and Pro-forma Adjusted EBITDA
Earnings before interest and tax ("EBIT") is calculated as Net income before Net interest expense and Income tax expense. Adjusted EBIT excludes significant items reported in both Operating income and Other expense. Adjusted EBITDA is calculated as Adjusted EBIT plus operating lease expense and Depreciation and amortization, less Other components of net periodic benefit recovery. Adjusted EBITDA is used as a measure of liquidity derived from operations, excluding significant items, as part of the calculation of Adjusted Net Debt to Adjusted EBITDA.
Calculation of Adjusted Net Debt to Adjusted EBITDA Ratio and Pro-forma Adjusted Net Debt to Pro-forma Adjusted EBITDA Ratio
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SOURCE Canadian Pacific | https://www.mysuncoast.com/prnewswire/2022/07/28/cp-reports-strong-q2-results-momentum-accelerating-second-half-year/ | 2022-07-28T12:40:00Z |
BEIJING, July 2, 2022 /PRNewswire/ -- Peng Liyuan, wife of Chinese President Xi Jinping, on Thursday visited the Xiqu Center in Hong Kong's West Kowloon Cultural District, a venue for the art of Chinese traditional theater.
She watched rehearsals of Cantonese opera performances and a Hong Kong orchestra at the opera house and spoke highly of the performances, calling the show a display of the charm of Chinese culture.
During her visit, Peng also talked with young volunteers who were making traditional paper artworks. She encouraged Hong Kong's younger generation to have an in-depth understanding of fine traditional Chinese culture and inherit and promote the culture.
Peng together with Xi left Hong Kong Friday after a two-day trip there for a meeting celebrating the 25th anniversary of Hong Kong's return to the motherland and the inaugural ceremony of the sixth-term government of the Hong Kong Special Administrative Region.
Link: https://www.youtube.com/watch?v=xWiOKkXZM8s
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SOURCE CCTV+ | https://www.mysuncoast.com/prnewswire/2022/07/02/cctv-chinas-first-lady-peng-liyuan-visits-opera-house-hong-kong/ | 2022-07-02T15:13:53Z |
OMAHA, Neb., Aug. 8, 2022 /PRNewswire/ -- Kutak Rock announces today that it has earned accreditation for its information security capabilities by the Association of Corporate Counsel's (ACC) Data Steward Program. This accreditation follows the firm's ISO 27001 Information Security Management System certification 2019 announcement and 2022 renewal, further demonstrating its commitment to meet and exceed current and prospective clients' information security expectations and requirements. ACC accreditation requires independent validation of a firm's security self-assessment, and for in-house counsel this added assurance inspires a high degree of trust and can eliminate the need for compliance audits.
The ACC Data Steward Program is designed to assess, benchmark, and accredit law firms on their information security capabilities, utilizing industry-standard information security controls specifically selected for client data security at law firms. In an innovative assess-once/leverage-many model, law firms' security capabilities are evaluated and made available to clients on an always-up-to-date platform, doing away with client-managed annual security reporting and evaluation. The ACC Data Steward Program aims to save both in-house teams and law firms tremendous time and resources over current questionnaire/spreadsheet processes.
Elise Dieterich, Kutak Rock's internal Information Security & Privacy Counsel, remarks, "ACC's Data Steward Program solves a significant point of pressure for law firms and in-house counsel alike. For our firm, the opportunity to complete a single, comprehensive data security assessment, validated by an independent auditor, and share it with current and prospective clients at no charge to them takes the burden off the client to conduct its own assessment, as well as freeing up our IT resources for proactive security measures. Becoming ACC Accredited assures our clients and prospective clients their data is safe with us."
The ACC Data Steward Program is free for in-house counsel and information security professionals, including those who are not currently ACC members. They can request a link directly from Kutak Rock granting access to the firm's security score and validated results, or they can register with the Data Steward Program and gain access to a single or multiple law firms' information.
The Association of Corporate Counsel (ACC) is a global legal association that promotes the common professional and business interests of in-house counsel who work for corporations, associations, and other organizations through information, education, networking, and advocacy. For more information about the Data Steward Program, see www.accdatasteward.com
With a footprint spanning 19 offices in 14 states and the District of Columbia, Kutak Rock's 550+ attorneys work seamlessly to provide clients excellent, responsive legal services. The firm's multidisciplinary practice comprises more than 25 areas of focus and dozens of discrete specialties. For more information, see www.KutakRock.com
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SOURCE Kutak Rock LLP | https://www.kxii.com/prnewswire/2022/08/08/kutak-rock-earns-acc-data-steward-program-accreditation/ | 2022-08-08T17:10:53Z |
BOSTON, July 25, 2022 /PRNewswire/ -- Casner & Edwards, LLP, Goulston & Storrs PC, and Jeffrey D. Sternklar LLC are pleased to announce that they have won The Global M&A Network's 2022 Turnaround Atlas Award for Special Situation M&A Deal of the Year for their work on the Tri-Wire Engineering Solutions, Inc. sale of substantially all assets to ITG Communications, LLC. The awards honor the best value-creating transactions, outstanding firms, professionals, and leaders from the global restructuring, insolvency, and distressed investing communities.
The Tri-Wire transaction was completed through a Chapter 11 Section 363 sale process in the U.S. Bankruptcy Court for the District of Massachusetts (Eastern Division). Casner & Edwards served as counsel to Tri-Wire, led by partners Michael Goldberg, Davis Whitesell, and Michael Zullas. Goulston & Storrs served as co-counsel to ITG, led by directors James Wallack and Timothy Carter, along with Jonathan Motley of Safford Motley PLC. Jeffrey Sternklar served as counsel to the Unsecured Creditors Committee.
Tri-Wire is one of the largest independent providers of consumer broadband installation and maintenance for large cable operators. After experiencing operational challenges and working capital issues beyond repair, SGS Capital Advisors was retained in July 2021 to conduct an expedited marketing process to solicit interest from strategic and financial buyers. ITG, a national provider of fulfillment, construction, and project management services to the cable and telecommunications industries, submitted the highest and best bid of several offers, and Tri-Wire filed for Chapter 11 protection in September 2021 with ITG as the proposed stalking horse purchaser. The sale to ITG was approved by the bankruptcy court and closed in October 2021. "It is an honor to have our efforts on this complicated bankruptcy sale recognized by the Turnaround Atlas Awards. We worked collaboratively with Goulston & Storrs and others to manage many competing priorities among multiple stakeholders to create the best possible outcome for all parties. In the end, we were able to deliver maximum value, preserve hundreds of jobs, and ensure thousands of cable customers continued their service without interruption," said Michael Goldberg from Casner & Edwards.
"We all worked diligently and collaboratively on an accelerated timeline to bring this deal to fruition. We are thankful to have had talented partners from Casner & Edwards, Jeffrey D. Sternklar, and Safford Motley in the trenches with us as we navigated many difficult issues. The sale was a win-win for both Tri-Wire and ITG, and receiving this award is a testament to the perseverance and dedication of everyone on the team who made this transaction a success," said James Wallack from Goulston & Storrs.
About Casner & Edwards, LLP
Casner & Edwards, LLP represents businesses, individuals and institutions across New England and around the world, providing the core legal services they need to succeed. Clients work directly with a team of expert attorneys, and can expect full attention, seasoned advice, top quality work, and good value.
About Goulston & Storrs PC
Collaboration is not just a pillar of our strategy; it is the key to our competitive advantage and approach to clients, community, and each other. At Goulston & Storrs, we practice law with excellence and integrity. We are a place where mutual respect and collaboration drive open discussion, transparency, creativity and optimal results for our clients. We are committed to being a diverse and inclusive workplace where sophisticated business is conducted with genuine camaraderie. To learn more about us, visit www.goulstonstorrs.com.
About Jeffrey D. Sternklar LLC
Jeffrey D. Sternklar LLC is a leading law firm offering commercial bankruptcy law services nationwide. With more than 30 years of experience, we are a trusted name among businesses nationwide. We concentrate in all aspects of insolvency matters and bankruptcy cases.
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SOURCE Goulston & Storrs PC | https://www.mysuncoast.com/prnewswire/2022/07/25/casner-amp-edwards-goulston-amp-storrs-jeffrey-d-sternklar-win-turnaround-atlas-award-special-situation-mampa-deal-year/ | 2022-07-25T15:55:42Z |
(WXIN) — Remember what it was like to take the SAT in high school?
Well, one tutoring company wants to pay someone to relive their test-taking glory days.
Learner will pay one person $1,000 to take a multiple-choice SAT exam. The company says it wants to see if a post-high school adult can score higher than the national average (1060 in 2021, according to the College Board).
“Our ideal candidate doesn’t need any special qualifications, just a confident ‘can-do’ attitude and the ability to spend three hours taking a test,” Learner wrote on its website.
The Post-High School SAT Challenge will not involve an official SAT exam since Learner does not have authorization to administer the recognized test. Instead, the chosen candidate will take a practice SAT exam.
The essay portion of the SAT is not included in the challenge.
According to Learner, you’ll get three hours and 15 minutes, along with breaks, to take the exam. That calculates to more than $300 per hour.
Since it’s not an official SAT exam, it can be taken wherever the test taker wishes.
You’ll get paid $1,000 cash once you’ve “completed the job requirements of taking the SAT exam that we provide,” according to Learner.
Applications for the SAT Challenge will be accepted until June 6. | https://cw33.com/news/are-you-smarter-than-a-high-schooler-get-paid-1k-to-see-if-you-can-score-higher-on-sat/ | 2022-05-23T13:51:35Z |
Officials: Texas shooter talked about guns in private chats
By KATHLEEN FOODY
The Associated Press
Texas authorities said Friday that the gunman who killed 19 children and two teachers inside an elementary school discussed his interest in buying a gun in private online conversations, but backed away from earlier descriptions that he made public threats less than an hour before the attack.
Gov. Greg Abbott said Wednesday, a day after the shooting, that “the only information that was known in advance was posted by the gunman on Facebook approximately 30 minutes before reaching the school.” Abbott’s claim prompted questions about whether technology companies could have provided advance warning.
But on Friday, the head of the Texas Department of Public Safety said the gunman made the threatening comments in a private message.
“I want to correct something that was said early on in the investigation, that he posted on Facebook publicly that he was going to kill, that he was going to shoot his grandmother and secondly after that that he was going to, that he had shot her and that third he was going to go shoot up a school,” Steven McCraw said. “That did not happen.”
Facebook had already noted on Wednesday that the threats were in direct text messages, not a public post.
McCraw did not say to whom 18-year-old Salvador Ramos sent the messages.
McCraw also told reporters Friday that Ramos asked his sister to help him buy a gun in September 2021, but that she “flatly refused.” He did not say how authorities learned of that request.
McCraw shared information from four more of Ramos’ social media private messages.
In a Feb. 28 four-person chat, McCraw said “Ramos being a school shooter” was discussed.
In a March 1 four-person chat, he said Ramos discussed buying a gun.
In a March 3 four-person chat, another person said “word on the street is that you’re buying a gun.” McCraw said Ramos replied “Just bought something.”
On March 14, McCraw said Ramos shared the words “10 more days” in a social media post. Another user asked “Are you going to shoot up a school or something?” McCraw said.
He said Ramos replied “no and stop asking dumb questions and you’ll see.”
McCraw did not identify any of the other people included in those chat groups.
The department did not immediately respond to a request Friday for more detail, including screenshots of the communications mentioned during the news conference.
Authorities have said Ramos legally purchased two guns not long before the school attack: an AR-style rifle on May 17 and a second rifle on May 20. He had turned 18 just days earlier, permitting him to buy a rifle under federal law.
Friday’s briefing came after authorities spent three days providing often conflicting and incomplete information about the law enforcement response in Uvalde. | https://localnews8.com/news/ap-national-business/2022/05/27/officials-texas-shooter-talked-about-guns-in-private-chats/ | 2022-05-27T22:56:00Z |
Multiple PrimeX Customers Have Successfully Taped Out Next-Generation ICs in 7nm and 5nm
SAN JOSE, Calif., Aug. 9, 2022 /PRNewswire/ -- Diakopto today unveiled its PrimeX™ EDA solution that delivers a radically new and trailblazing methodology for top-hierarchy resistance, IR drop, and EM (electromigration) analysis and verification of power nets.
PrimeX enhances existing EM/IR methodologies with several unique advantages:
- Unparalleled ease-of-use allows IC design, integration, layout, and CAD engineers to immediately benefit from the tool without complicated setup, configuration, or extended training.
- Higher capacity and faster simulation speed enables large power grids at the top hierarchy level to be analyzed in hours vs. days or weeks.
- Intelligent debugging and analysis capabilities with deep insights and actionable results to quickly pinpoint weak spots and root causes of EM/IR problems, visualized over the layout.
- Advanced "approximate computing" techniques that achieve dramatic gains in analysis speed and enable a "shift to the left" methodology by controllably relaxing analysis accuracy to capture the majority of layout mistakes leading to major resistance, IR drop and EM problems in power nets.
- Can be used early in the design process to allow engineers to optimize, iterate and clean up power net layouts quickly and easily prior to the final sign-off stage.
- Efficient verification at both the block- and top-hierarchy levels.
PrimeX has been adopted by Tier One companies for power grid verification, optimization and debugging of next-generation designs in advanced technologies. These companies include one of the largest fabless semiconductor companies, the industry's leading networking OEM, one of the world's largest hyperscale data center companies, a leading provider of memory and data storage solutions, a multi-billion-dollar vendor of semiconductor IP and EDA software, and a leading provider of high-speed connectivity solutions. Customers are using PrimeX to analyze and improve a broad spectrum of designs, including high-speed SerDes, RF/wireless transceivers, AR/VR silicon, and image sensors.
"PrimeX was developed in response to a pressing need for analyzing very large power nets in a new, more intelligent way – to quickly pinpoint bottlenecks and root causes over the layout. It enables new capabilities and methodologies not feasible with existing EM/IR tools," said Maxim Ershov, CEO and CTO at Diakopto. "We are pleased with the overwhelming success and adoption of PrimeX by so many companies. By leveraging the same underlying principles and platform as our market-leading ParagonX tool, PrimeX helps us further strengthen the depth of our engagement with our key customers and further entrench our pioneering methodology in their flows."
"Traditional EM/IR tools are very powerful but also very slow and difficult to use for most design engineers. As the industry migrates to more advanced technologies and power grids get more complex, it has become increasingly impractical for designers to use these tools to verify power nets at the top level," said Stefanos Sidiropoulos, a successful serial entrepreneur who was most recently Fellow at Cadence Design Systems and CEO of nusemi. "PrimeX tackles that problem by delivering a fast solution that helps optimize and debug power grids from the beginning of the design."
The industry migration to advanced process nodes has led to an exponential increase in the number, magnitude and complexity of parasitic elements. This has in turn made modern ICs more susceptible to parasitic effects, and caused a dramatically slowdown in simulation times. While traditional EM/IR tools are adequate for the verification of sub-blocks, using them to analyze power integrity and reliability at the top level, and especially at early design phases, has become increasingly challenging and impractical. Using these tools for full characterization of nets can easily take several weeks per iteration – a luxury few companies can afford. And they can only be used very late in the design stage when layouts are mostly complete and onerous to change.
PrimeX enhances existing EM/IR methodologies by enabling engineers to perform very fast power grid verification, at both the block and top levels. By delivering clear, intuitive results that identify weaknesses and bottlenecks by layer and polygon over the layout, PrimeX helps engineers improve their circuits' power integrity and reliability while accelerating time-to-market.
Diakopto develops analysis, visualization, and optimization solutions for complex IC designs, with the primary focus on enhancing existing EDA flows to accelerate time-to-tapeout.
The company empowers engineers at over 45 industry-leading companies to find and resolve design problems faster and earlier, while simultaneously optimizing their circuits. Diakopto is headquartered in San Jose, CA. www.diakopto.com
Diakopto, ParagonX and PrimeX are trademarks owned by Diakopto Inc.
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SOURCE Diakopto | https://www.kxii.com/prnewswire/2022/08/09/diakopto-unveils-primex-revolutionary-eda-solution-top-hierarchy-power-grid-signal-net-emir/ | 2022-08-09T12:59:31Z |
TIFTON — Auditions for the Baldwin Players’ fall semester production will be held on Aug. 29-30 at 6:30 p.m. in Room 319 of Conger Hall on the campus of Abraham Baldwin Agricultural College.
Brian Ray, an ABAC professor of English and theater who directs the Baldwin Players, said the fall production “Gem of the Ocean” will be presented live on stage in Howard Auditorium on Oct. 27-29.
“We have roles for two African-American females, four African-American males, and one other Caucasian male,” Ray said. “All auditions are open to any ABAC student, staff or faculty member as well as members of the community who are interested in performing.”
Ray said no prior acting experience is necessary for the auditions, and prospective cast members need only attend one of the audition nights. No prepared material is required.
“The Gem of the Ocean” by August Wilson is set in 1904 Pittsburgh. In a time of racial tensions, Aunt Ester, the 285-year-old healer, leads Citizen Barlow, a young man from Alabama who is in great spiritual turmoil, on a powerful, mystical journey of awakening and redemption across history and time to the City of Bones in the middle of the Atlantic Ocean.
“This is the earliest chronologically of Wilson’s Pulitzer winning, 10-play Century Cycle that explores the African-American experience in the 20th century,” Ray said. “This is a change from my usual comedy for the fall production, but this is an important play, and I have been wanting to tackle one of August Wilson's plays since I started directing the plays here in 2012.
“I am hoping that I will be able to get the actors I need to make this play come alive for ABAC and Tifton audiences.”
For more information on auditions or the play, interested persons can contact Ray at bray@abac.edu .
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/baldwin-players-schedule-auditions-for-gem-of-the-ocean/article_43cacc18-2161-11ed-9394-df7e2ae905be.html | 2022-08-21T16:23:02Z |
LAWTON, Okla., June 20, 2022 /PRNewswire/ -- U-Haul® is operating at the former Kmart® store at 1050 NW 38th St. and intends to add more than 800 indoor climate-controlled self-storage rooms at its new Lawton location.
U-Haul Moving & Storage of W. Lawton is currently offering truck and trailer sharing, towing equipment, U-Box® portable storage containers and moving supplies at out a temporary retail showroom. Professional hitch installation and propane are coming soon.
Adaptive reuse of the 123,923-square-foot facility will soon render 800-plus ADA-accessible self-storage units with high-tech security features at affordable price points. Storage customers will have extended hours access. U-Haul acquired the property on May 26.
"We're investing in Lawton while conserving resources by renovating an existing building," said Scott Brackin, U-Haul Company of Oklahoma City president. "U-Haul seeks out and repurposes old buildings as part of our sustainability model. We've been pioneers of this process for decades and are excited to show our neighbors how adaptive reuse can benefit the Lawton community."
Contact U-Haul Moving & Storage of W. Lawton at (580) 713-0277 or stop by to see our progress. Hours of operation are 7 a.m.-7 p.m. Monday-Thursday and Saturday; 7 a.m.-8 p.m. Friday; and 9 a.m.-5 p.m. Sunday.
Reserve equipment at uhaul.com or contact Reservations at 1-800-GO-UHAUL.
Acquisition of the former Kmart was driven by U-Haul Corporate Sustainability initiatives: U-Haul supports infill developments to help local communities lower their carbon footprint. The adaptive reuse of existing buildings reduces the amount of energy and resources required for new-building materials and helps cities reduce their unwanted inventory of unused buildings.
Brackin intends to hire at least 20 Team Members to staff the new store. U-Haul will look to hire locally to promote job growth within the Lawton community. U-Haul, honored as a "Best for Vets 2020" leading veteran-friendly employer by The Military Times, actively recruits veterans and gives them preference in the hiring process. Find U-Haul careers at uhauljobs.com.
U-Haul dealers in and around Lawton continue to be available to serve DIY movers. U-Haul has partnered with independent dealers to offer rental equipment since 1945. During these challenging times for small businesses, more than 21,000 dealers across the U.S. and Canada are generating supplemental income through their U-Haul partnership. When customers rent from U-Haul dealers, they are directly supporting small businesses in their community. Because no financial investment is required, dealers are not U-Haul franchises. They are simply small businesses committing their lot space for U-Haul equipment and their time to meet the mobility needs of customers. Learn more about how to partner with U-Haul by visiting uhaul.com/dealer.
About U-HAUL
Since 1945, U-Haul has been the No. 1 choice of do-it-yourself movers, with a network of more than 23,000 locations across all 50 states and 10 Canadian provinces. U-Haul Truck Share 24/7 offers secure access to U-Haul trucks every hour of every day through the customer dispatch option on their smartphones and our proprietary Live Verify technology. Our customers' patronage has enabled the U-Haul fleet to grow to approximately 186,000 trucks, 128,000 trailers and 46,000 towing devices. U-Haul is the third largest self-storage operator in North America and offers 876,000 rentable storage units and 75.1 million square feet of self-storage space at owned and managed facilities. U-Haul is the largest retailer of propane in the U.S., and continues to be the largest installer of permanent trailer hitches in the automotive aftermarket industry. U-Haul has been recognized repeatedly as a leading "Best for Vets" employer and was recently named one of the 15 Healthiest Workplaces in America.
Contact:
Andrea Batchelor
Jeff Lockridge
E-mail: publicrelations@uhaul.com
Phone: 602-263-6981
Website: uhaul.com
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SOURCE U-Haul | https://www.wibw.com/prnewswire/2022/06/20/u-haul-creating-20-jobs-800-self-storage-units-former-lawton-kmart/ | 2022-06-20T17:42:10Z |
CLEVELAND, June 24, 2022 /PRNewswire/ -- Downtown Cleveland gains a new Rally House store in the historic Caxton Building within the Gateway District. Rally House Gateway is conveniently situated down the street from Rocket Mortgage FieldHouse, Progressive Field, and FirstEnergy Stadium, a prime location for fans to get team gear and local apparel from this reputable, family-owned sports and merchandise retailer.
Rally House finds immense joy in being able to provide a larger pool of fans with sports apparel and localized merch they love. "This store is one we've been looking forward to opening for a couple of years now," describes Senior District Manager Hannah James. "I'm so excited to see it come to life and bring another business to the Gateway District!"
Patrons visiting Rally House Gateway will find a plethora of jerseys, hats, accessories, gifts, and many more products from prestigious brand names like Nike, New Era, and '47. Additionally, several widely loved pro teams are in stock at this new Rally House store, giving area fans a chance to gear up on their way to watch legendary franchises like the Cleveland Browns, the Cleveland Cavaliers, and the Cleveland Guardians.
There is a wide variety of local apparel and accessories alongside all the outstanding sports merchandise available at Rally House Gateway. Residents and visitors will appreciate the diverse assortment of Cleveland-inspired products featuring hometown favorites such as Bertman Ball Park Mustard, the Rock & Roll Hall of Fame, Cleveland Whiskey, and more.
Rally House wants every customer to have a positive shopping experience, which is why those that stop into Rally House Gateway can expect nothing but the best customer service. For added convenience, there's also an abundance of items available online at www.rallyhouse.com, with shipping options for every state.
Remain up-to-speed on store news and updates by visiting www.rallyhouse.com/rally-house-gateway or follow Rally House Gateway on Facebook (@RallyGateway) and Instagram (@rallygateway).
Rally House and Sampler Stores Inc. is a family-owned specialty boutique that offers a large selection of apparel, hats, gifts and home décor representing local NCAA, NFL, MLB, NBA, NHL, and MLS teams in addition to locally inspired apparel, gifts and food. Proudly based in Lenexa, Kansas, Rally House operates 100+ locations across 13 states.
CONTACT:
Hannah James, District Manager
hjames@rallyhouse.com
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SOURCE Rally House | https://www.wibw.com/prnewswire/2022/06/24/rally-house-brings-7th-store-cleveland-market/ | 2022-06-24T19:56:31Z |
NEW YORK, July 26, 2022 /PRNewswire/ -- Halper Sadeh LLP, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:
Infrastructure & Energy Alternatives, Inc. (NASDAQ: IEA)'s sale to MasTec for $10.50 per share in cash and 0.0483 of a MasTec share for each IEA share. If you are an IEA shareholder, click here to learn more about your rights and options.
Zymergen Inc. (NASDAQ: ZY)'s sale to Ginkgo Bioworks for 0.9179 Ginkgo shares for each Zymergen share. If you are a Zymergen shareholder, click here to learn more about your rights and options.
Frazier Lifesciences Acquisition Corporation (NASDAQ: FLAC)'s merger with NewAmsterdam Pharma Holding B.V. If you are a Frazier Lifesciences shareholder, click here to learn more about your rights and options.
Halper Sadeh LLP may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits on behalf of shareholders.
Shareholders are encouraged to contact the firm free of charge to discuss their legal rights and options. Please call Daniel Sadeh or Zachary Halper at (212) 763-0060 or email sadeh@halpersadeh.com or zhalper@halpersadeh.com.
Halper Sadeh LLP represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Halper Sadeh LLP
Daniel Sadeh, Esq.
Zachary Halper, Esq.
(212) 763-0060
sadeh@halpersadeh.com
zhalper@halpersadeh.com
https://www.halpersadeh.com
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SOURCE Halper Sadeh LLP | https://www.wibw.com/prnewswire/2022/07/26/shareholder-investigation-halper-sadeh-llp-investigates-iea-zy-flac/ | 2022-07-26T07:28:14Z |
Club Med opens its first Spanish resort in over 20 years, welcoming guests from around the world
MIAMI, May 26, 2022 /PRNewswire/ -- Club Med, the pioneer of the all-inclusive concept, has officially opened its newest European resort, Club Med Magna Marbella. This marks the brand's historic return to Spain, as the very first Club Med resort was founded on Spain's Balearic Islands in 1950. The four Trident (4-star), family-friendly resort welcomed its first guests on May 20, 2022, introducing many to one of Spain's most mythic destinations with spectacular views of the Mediterranean Sea, lively city of Marbella, and Sierra Blanca at every corner.
Guests who checked in over the weekend were the very first to experience the resort's vibrant indoor-outdoor architecture and design, culturally immersive culinary experiences, and abundance of activities designed for every type of traveler.
During the resort's opening ceremony, Henri Giscard d'Estaing, Club Med's President and CEO, shared his sentiments about the brand's continued growth. "Today, we are proud to return to Andalusia, one of the most attractive tourist destinations in Europe, with a new premium resort, Club Med Magna Marbella, which perfectly showcases what Club Med has become today after major changes in the last 20 years – a premium, 'glocal', happy digital brand aiming to develop a more sustainable tourism."
Also sharing Giscard d'Estaing's sentiments over Club Med's historic return to Spain was Carolyne Doyon, President and CEO of Club Med North America and the Caribbean. "With the opening of Club Med Magna Marbella, North American travelers can discover yet another authentic European destination from Club Med's extensive international portfolio of premium sun and mountain resorts. As demonstrated by this incredible opening in southern Spain, long-haul family travel to major European destinations can also be fun, seamless, and of course, all-inclusive."
The Resort
Located in the Andalusia region of Spain, Club Med's brand new 4-Trident (4-star) family-friendly resort is nestled at the foot of the Sierra Blanca and spread across 35 acres of colorful gardens and terraces. Overlooking the Mediterranean Sea and a short distance away from the lively city of Marbella, the resort is an unrivaled oasis with unspoiled greenery and lush flora.
Traditionality with a hint of modernity is a theme displayed throughout the resort's architecture and design. The property was designed with an indoor-outdoor concept that is married with vibrant décor inspired by Marbella's art, culture, and nature. A variety of accommodations, including 485 guestrooms, are ideal for every type of traveler from families and couples to solo travelers and large groups. Each Deluxe, Superior, and Family Suite exudes playful ambiance inspired by the region and its surrounding scenery. The resort's two restaurants and three bars offer unlimited culinary experiences thoughtfully curated to showcase the local food and drink of the region. The main restaurant, Suenos, is at the heart of the resort while the Tierra Gourmet Lounge welcomes guests all day long with a lively bar, wine cellar, and gourmet snack bar ideal for Spanish wine tastings, happy hour, live music, and tapas.
As part of Club Med's ongoing commitment to social responsibility, the resort has permitted the creation of more than 300 direct jobs, of which more than half were filled by local recruitment, as well as 140 local indirect jobs. Following its opening, Magna Marbella aims to earn its Green Globe certification for a sustainable hotel operation. Under the brand's "Happy to Care" program, almost 95% of all Club Med resorts have been awarded this eco-certification, which is renewed yearly. Aligned with that commitment, the resort is also equipped with solar panels that will supply the required energy for water heating purposes as well as a rain collection and treatment system that will be used to water the gardens.
Activities
More than 25 sports and activities are included in a stay at Club Med Magna Marbella like Zen yoga, aerial fitness, golf, flying trapeze, archery, beach volleyball, and paddle tennis (native to Marbella). Guests can also take a dip in one of five pools including an indoor freshwater pool, the main lagoon pool, an adults-exclusive Zen pool, a dedicated kids pool for the Children's Clubs, and a family-friendly water park area. For those looking to unwind, the resort's wellness area includes a Club Med Spa by CINQ MONDES complete with a steam room, 14 treatment rooms, and an exclusive indoor-outdoor relaxation room for added privacy.
While adults enjoy wellness experiences, kids can write their own vacation stories in Club Med's award-winning children's clubs which offer an array of customized activities for kids and teens from 4 months to 17 years old. Families can also participate in the Club Med Amazing Family program, a fun-filled agenda of weekly activities for families to bond and create lifelong memories. Amongst the resort's plethora of family activities are "must-try experiences" which include paddle tennis tournaments, a stroll through the nearby Pueblos Blancos, an Andalusian garden party with unlimited sangria, tapas, and wines, and spending the day at the Family Fun Zone featuring thrilling water slides, a variety of water games, a mini-golf course, and a zipline.
Destination + Exploration
Andalusia, often referred to as "the garden of Europe", promises varied landscapes along with cultural and historical discoveries. Conveniently located near Spain's south coast, Club Med Magna Marbella is just a 20-minute walk from both sandy Mediterranean beaches and Marbella's city center. It is also an hour drive from Gibraltar, Ronda, and Malaga, making it the ideal base to explore the rich Arab-Andalusian history and natural wonders of the region.
Excursions to the Doäana Natural Park and Caminito del Rey, as well as four-wheel drives through Sierra de la Nieves and visiting local villages, are the best ways to explore the natural beauty and rich heritage of Southern Spain.
Expanding International Travel with Additional Club Med Resorts
Club Med Magna Marbella further solidifies Club Med as the leader in the booming all-inclusive market, joining the brand's extensive portfolio of recently opened and refreshed 4- and 5-star resorts across Europe and Asia. These upscale, family-friendly, and destination-immersive resorts, ideal for those who wish to travel further outside of North America, include Club Med Seychelles (Seychelles – opened in 2020), Club Med Marrakech (Morocco – renovated 2021), and Club Med La Palmyre-Atlantique (France – renovated 2020). Additional details can be found here.
For more information and images of Club Med Magna Marbella, please download the press kit here.
ABOUT CLUB MED
Club Med, founded in 1950 by Gérard Blitz, is the pioneer of the all-inclusive concept, offering approximately 70 premium resorts in stunning locations around the world including North and South America, Caribbean, Asia, Africa, Europe and the Mediterranean. Each Club Med resort features authentic local style and comfortably upscale accommodations, superior sports programming and activities, enriching children's programs, gourmet dining, and warm and friendly service by its world-renown staff with legendary hospitality skills, an all-encompassing energy and diverse backgrounds.
Club Med operates in more than 30 countries and continues to maintain its authentic Club Med spirit with an international staff of more than 23,000 employees from more than 110 different nationalities. Led by its pioneering spirit, Club Med continues to grow and adapt to each market with three to five new resort openings or renovations per year, including a new mountain resort annually.
For more information, visit www.clubmed.us, call 1-800-Club-Med (1-800-258-2633), or contact a preferred travel professional. For an inside look at Club Med, follow Club Med on Facebook, Twitter, Instagram, and YouTube.
Club Med Media Contacts
Sophia Lykke
Public Relations & Corporate Social Responsibility Manager
sophia.lykke@clubmed.com
QUINN PR
clubmed@quinn.pr
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SOURCE Club Med | https://www.mysuncoast.com/prnewswire/2022/05/26/club-meds-newest-european-resort-club-med-magna-marbella-is-officially-open/ | 2022-05-26T14:57:04Z |
COVID-19 data reported less often
(CNN) - States are scaling back on reporting COVID-19 data, and experts said they are worried that less frequent reporting could stall efforts to delay outbreaks.
One year ago, all 50 states were reporting new cases daily, but that has trailed off.
Half of states report once a week, and Florida is down to every two weeks.
At a federal level, the White House COVID-19 team still publishes its “community profile report” with trends and indicators.
And just this month, the U.S. Department of Health and Human Services extended the public health emergency declaration for another three months.
COVID-19 data throughout the pandemic has been utilized by governments at all levels.
Experts also shared that even as severe outcomes for COVID-19 improve, they remain much worse than a bad flu season.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/04/25/covid-19-data-reported-less-often/ | 2022-04-25T15:04:42Z |
Amber Alert: 2-year-old girl reported missing in Georgia
Published: Jun. 11, 2022 at 4:46 PM CDT|Updated: 11 minutes ago
(Gray News) - Police in Georgia have issued a Levi’s Call, that state’s version of an Amber Alert, for a missing 2-year-old girl.
The Georgia Bureau of Investigation says Aubrey Elaine Pogue was last seen Saturday around 3 p.m. in Palmetto on Lorraine Drive.
Aubrey has blonde curly hair and blue eyes. She was last seen wearing a tie-dye sundress and diamond stud earrings.
She is believed to be with suspect Curtis Wayne Pogue in a Ford F-150 truck with tag PXI5373. They were last seen heading north on Interstate 85.
Anyone with information is asked to call 911 or the Coweta County Sheriff’s Office at 770-253-1502.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/06/11/amber-alert-2-year-old-girl-reported-missing-georgia/ | 2022-06-11T21:57:30Z |
BOSTON, April 8, 2022 /PRNewswire/ -- BrickBio, the leader in RNA facilitated site-specific conjugation for novel protein therapeutics, will be presenting an invited poster at the annual meeting of the American Association of Cancer Research (AACR) Conference on April 11th, 2022 during the Antibody-Drug Conjugates Session. BrickBio will be located at Booth #3334 throughout the conference.
BrickBio has commercialized its' novel protein conjugation platform which leverages engineered RNA to introduce site-specific chemistries into any protein while maintaining a homogenous product for best-in-class therapeutics with improved safety, efficacy and dosage. The conjugation platform enables the conjugation of multiple distinct payloads on a single protein and the conjugation of two or more molecules to generate novel therapeutics.
The pipeline candidate depicted in the poster (#3940), Next Generation Site-Specific ADCs targeting Breast and Gastric Cancer was developed using the previously revealed Site-Select Panel™ and highlights the advantage of the powerful ADC platform towards breast & gastric cancer with improved efficacy, better safety, and overall lower dosage. Identification of the optimal sites are currently being transferred between next-generation antibody scaffolds, such as bispecifics, nanobodies, or other fragments in BrickBio's undisclosed pipeline.
BrickBio's pioneering, undisclosed efforts towards Protein Origami Therapeutics and Synthetic Virology are also highlighted, which leverage the same core technology that drive Brick's novel ADCs. Protein Origami enables the spatial orientation of multiple proteins into a multimeric complex, resulting in synergistic modalities that have yet to be explored due to the inability to generate such structures prior to BrickBio. In addition, Synthetic Virology advancements revolve around the retargeting of capsids via protein conjugation to engineer tropisms, improve safety, increase infectivity, and eliminate immunogenicity. BrickBio is rapidly expanding on its strong base of AAV modification capabilities.
BrickBio is continuing their partnership efforts throughout AACR 2022 by meeting with potential collaborators for work on novel ADCs, Protein Origami Therapeutics, and Synthetic Virology.
"The BrickBio platform and processes have unleashed the full potential of the unnatural amino acid technology, enabling new therapeutic modalities, all linked by the same conjugation chemistries", said James Italia, VP of Commercial Development at BrickBio, "Specifically, the novel ADC platform highlights the unprecedented precision in our discovery engine, allowing us to pursue novel pipeline candidates which were previously unattainable", Italia concluded.
"BrickBio's unique and robust platform capabilities have positioned the company to expand its' internal pipeline of novel, best-in-class ADC candidates, co-develop novel therapeutics with partners, and develop next generation therapeutics," stated Audrey Warner, Head of Business Development of BrickBio, as well as Vice President of Investments of Tiger Gene Ventures. "BrickBio will work with top partners to develop and progress promising candidates through the clinic to ultimately reach more patients," Warner concluded.
About BrickBio, Inc.
BrickBio Inc., a Boston-based biotechnology company, empowers next-generation unnatural amino acid coupled protein conjugation with its site-specific and site-selective platform. The platform technology spans prokaryotic and eukaryotic expression systems, enabling the development of unique biologics and protein therapeutics with enhanced characteristics, including improvements to half-life, dosage and efficacy. With the broadest toolkit of bioconjugation handles, BrickBio can optimize any conjugate and is uniquely situated to push the frontier of biologics with the selective modification of multiple distinct sites on a single protein. BrickBio is working with partners to develop best-in-class therapeutics and RUO kits with its proprietary bioconjugation strategies. BrickBio is expanding its therapeutic programs, including ADCs, bispecific conjugates and novel scaffolds. www.brickbio.com
About Tiger Gene L.L.C.
Tiger Gene L.L.C., a Boston-based venture capital firm, co-founded with and funded by Tiger Management L.L.C., invests in early-stage technologies with high-growth trajectories across the life sciences sector. The fund's current portfolio focuses on technology platforms as well as technology derived products and assets across the genomics, proteomics, diagnostics, drug discovery and therapeutics fields.
Media Contact: Audrey Warner audrey.warner@tigergenellc.com
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SOURCE BrickBio | https://www.mysuncoast.com/prnewswire/2022/04/08/brickbio-debuts-powerful-advantage-novel-adcs-protein-origami-synthetic-virology-2022-aacr/ | 2022-04-08T17:28:52Z |
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