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VANCOUVER, BC, June 15, 2022 /PRNewswire/ - Deep-South Resources Inc. ("Deep-South" or "the Company") (TSXV: DSM) reports that the legal counsels of the Company have filed the Company's response to the defense affidavit of the Ministry of Mines and Energy of Namibia ("Ministry") on June 15, 2022.
Due to the sudden death of Mr. John Akwenye, who was the named signatory of all the Company's affidavits, the Company had requested an extension to file the response affidavit by June 15, 2022.
The Case Management hearing will be held on June 23, 2022.
The Case Management hearing serves to prepare the final hearing. Several aspects can be discussed at the Case Management hearing such as settlement prospects, number of days required for the final hearing, any issues that are likely to facilitate a just and speedy disposal of the case.
The Company will provide regular updates in this regard and any other matter concerning this situation.
Deep-South Resources is a mineral exploration and development company Deep-South growth strategy is to focus on the exploration and development of quality assets in significant mineralized trends and in proximity to infrastructure in stable countries. In using and assessing environmentally friendly technologies in the development of its copper project, Deep-South embraces the green revolution.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Information contained in this news release which are not statements of historical facts may be "forward-looking information" for the purposes of Canadian securities laws. Such forward-looking information involves risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward looking information. The words "believe", "expect", "anticipate", "contemplate", "plan", "intends", "continue", "budget", "estimate", "may", "will", "schedule", "understand" and similar expressions identify forward-looking information. These forward-looking statements relate to, among other things: the Minister's refusal to renew the Company's Licence, the Company's intention to contest the Minister's decision before the Courts of Namibia and the outcome of such proceedings.
Forward-looking information is necessarily based upon a number of estimates and assumptions that, while considered reasonable by Deep-South, are inherently subject to significant technical, political, business, economic and competitive uncertainties and contingencies. Known and unknown factors could cause actual results to differ materially from those projected in the forward-looking information. Factors and assumptions that could cause actual results or events to differ materially from current expectations include, among other things: political risks associated with the Company's operations in Namibia; the failure of the Namibian Government to comply with its continuing obligations under the Act to allow for the renewal of the Licence; the impact of changes in, or to the more aggressive enforcement of, laws, regulations and government practices; the inability of the Company and its subsidiaries to enforce their legal rights in certain circumstances. For additional risk factors, please see the Company's most recently filed Management Discussions & Analysis available on SEDAR at www.sedar.com.
There can be no assurances that forward-looking information and statements will prove to be accurate, as many factors and future events, both known and unknown could cause actual results, performance or achievements to vary or differ materially from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements contained herein or incorporated by reference. Accordingly, all such factors should be considered carefully when making decisions with respect to Deep-South, and prospective investors should not place undue reliance on forward looking information. Forward-looking information in this news release is made as at the date hereof. The Company assumes no obligation to update or revise forward-looking information to reflect changes in assumptions, changes in circumstances or any other events affecting such forward-looking information, except as required by applicable law.
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SOURCE Deep-South Resources Inc. | https://www.wibw.com/prnewswire/2022/06/15/deep-south-files-its-response-ministry-mines-energy-namibia-defense-june-15-2022/ | 2022-06-15T18:20:26Z |
Amazon Macie, Amazon GuardDuty, AWS SecurityHub, and Amazon Inspector Integrations provide organizations with a better understanding of attack surfaces across cloud infrastructure
NEW YORK, July 21, 2022 /PRNewswire/ -- Axonius, a cybersecurity asset management provider, today announced integrations with Amazon Macie, Amazon GuardDuty, and AWS SecurityHub while extending its Amazon Inspector functionality. These new integrations will help customers to better understand and manage vulnerabilities across their Amazon Web Services (AWS) infrastructure.
By connecting to both AWS first-party and ISV-third party security solutions, Axonius provides comprehensive visibility and management of assets across AWS cloud, multi-cloud, and on-premises.
The latest integrations provide the following capabilities:
- Identify Exposed Amazon S3 Buckets: Axonius fetches findings from Amazon Macie to help customers identify exposed Amazon S3 buckets to maintain data integrity and compliance.
- Detecting Malicious Activity & Compromised Security Controls: By integrating with Amazon GuardDuty, Axonius helps customers detect malicious activity to protect AWS accounts, workloads, and data and help them understand which assets have compensating security controls.
- Helping Meet Security Best Practices: With insights from AWS SecurityHub, customers can compare against correlated data to verify whether assets that don't meet best practice standards have a compensating security control.
- Comprehensive View of Cloud Security Posture: Axonius delivers a complete inventory of assets from more than 450 correlated data sources giving customers a comprehensive view of their cloud security, including vulnerability data from Amazon Inspector.
"As companies continue to shift workloads to the cloud, they're also increasingly leveraging cloud provider-native security service offerings," said Mark Daggett, Vice President of Worldwide Channels and Alliances at Axonius. "Yet customers are still exhausted by the highly-manual, slow, and error-prone processes that negatively impact their risk mitigation, threat management, and compliance. With Axonius and AWS, customers finally have a unified view of their assets while dramatically strengthening their security posture."
Live demonstrations will be available on-site at AWS re:Inforce July 26-27. Learn more about these integrations at https://www.axonius.com/aws.
About Axonius
Axonius is the cybersecurity asset management platform that gives organizations a comprehensive asset inventory, uncovers gaps, and automatically validates and enforces policies. Deployed in minutes, the Axonius cyber asset attack surface management (CAASM) solution integrates with hundreds of data sources to give customers the confidence to control complexity by mitigating threats, navigating risk, decreasing incidents, automating response actions, and informing business-level strategy. Cited as one of the fastest growing cybersecurity startups, with accolades from CNBC, Forbes, and Fortune, Axonius covers millions of devices for customers around the world. For more, visit Axonius.com.
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SOURCE Axonius | https://www.kxii.com/prnewswire/2022/07/21/axonius-adds-key-integrations-with-aws/ | 2022-07-21T14:22:44Z |
UC Kearney Agricultural Research and Extension Center almond water stress trial shows Acadian Organic® beneficial for water use efficiency, representing a significant boost for growers in the west coast region
DARTMOUTH, NS, June 28, 2022 /PRNewswire/ - Today, Acadian Plant Health™ (APH) announced the first results of its California almond water use study, which offers promising news for tree nut growers and the almond industry in the drought-affected growing region.
In 2021, the University of California study found that applications of Acadian Organic were beneficial for reducing plant stress under limited water conditions, and that when used properly, seaweed-based biostimulants have the capability to help combat drought induced changes in plants. Both findings represent a significant boost for growers looking for sustainable agriculture solutions in the face of drought challenges.
"Acadian Plant Health is focused on delivering solutions that perform in the field and offer increased survivability and productivity for growers in challenging environments," said Dr. Sarah Maude, Vice-President, Technology at Acadian Plant Health. "These trial results, which are fantastic news for growers, show that biostimulant treatments are a potential new way to aid growers in water management by increasing the plant system's resiliency and reducing crop productivity losses due to stress – particularly where sustainable solutions to help crops thrive with limited water are key."
Extension specialist Dr. Giulia Marino, along with her team at the 350-acre Kearney Agriculture Research and Extension Center, the University of California's largest off-campus agricultural research facility, applied four treatments to selected almond trees. A weekly assessment of midday stem water potential (SWP) was performed, alongside the weighing of nut yield at harvest. Applications of Acadian Organic delivered significant improvements in SWP and increased tree water status in fully and deficit irrigated trees throughout the season, showing increased kernel weight, both fresh and dry. Trees less impacted by water stress showed improved productivity in the current year, and the research will continue to demonstrate the benefits of multiple years of applications of Acadian Organic.
Almonds are California's top crop by value, and the state is home to more than 1.33 million acres of almond orchards. Water use is a hot topic of debate in the region, with the active water reduction program put in place by the local almond industry aiming to reduce water use by an additional 20% by 2025. Some of this will be accomplished by improving efficiency, however, irrigation water restrictions are a harsh reality for growers. Restrictions on water can lead to reduced plant growth and yield, leaving many growers looking for more sustainable ways to grow almonds with limited water.
Results from the study independently validate APH's research, demonstrating they are ready with a solution for the region's growers. APH continues to work alongside its partners to enhance modern agriculture production and ensure a sustainable future for food production. APH will continue to grow its portfolio of complete solutions for crop abiotic stress management worldwide.
A renewable and sustainable resource, the company's innovative seaweed portfolio offers a solution to help combat plant stressors. This solution is both compatible with and complements sustainable crop production practices in line with the UN's sustainable agriculture goals, including supporting farming methods that promote soil health.
For more information on Acadian Plant Health's innovative crop care solutions, visit www.acadianplanthealth-NA.com.
Acadian Plant Health™ is a division of Acadian Seaplants Limited. Acadian Plant Health™ is the world leader in biostimulant solutions, sustainably sourced, and scientifically proven to increase crop yield and quality. Acadian's products are used in soil and foliar inputs on over 70 crops in more than 80 countries world-wide.
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SOURCE Acadian Plant Health | https://www.kxii.com/prnewswire/2022/06/28/acadian-plant-health-california-almond-water-use-study-delivers-promising-early-results-growers/ | 2022-06-28T16:29:01Z |
NEW YORK, May 20, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Riskified Ltd. (NYSE: RSKD).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/riskified-ltd-loss-submission-form/?id=27467&from=4
This lawsuit is on behalf of all persons or entities who purchased Riskified Class A ordinary shares in or traceable to the Company's July 2021 initial public offering.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until July 1, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Riskified Ltd. issued materially false and/or misleading statements and/or failed to disclose that: (i) as Riskified expanded its user base, the quality of Riskified's machine learning platform had deteriorated (rather than improved as represented in documents issued in connection with the July 2021 initial public offering), because of, among other things, inaccuracies in the algorithms associated with onboarding new merchants and entering new geographies and industries; (ii) Riskified had expanded its customer base into industries with relatively high rates of fraud – including partnerships with cryptocurrency and remittance business – in which Riskified had limited experience and that this expansion has negatively impacted the effectiveness of Riskified's machine learning platform; (iii) as a result, Riskified was suffering from materially higher chargebacks and cost of revenue and depressed gross profits and gross profit margins during its third fiscal quarter of 2021; and (iv) thus, the representations in documents issued in connection with the July 2021 initial public offering regarding Riskified's historical financial and operational metrics and purported market opportunities did not accurately reflect the actual business, operations, and financial results and trajectory of Riskified prior to and at the time of the July 2021 initial public offering, and were materially false and misleading, and lacked a factual basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.kxii.com/prnewswire/2022/05/20/rskd-shareholder-alert-jakubowitz-law-reminds-riskified-ltd-shareholders-lead-plaintiff-deadline-july-1-2022/ | 2022-05-20T11:30:45Z |
The wildest congressional contest of 2022 is unfolding in Alaska, where the state’s former governor and onetime Republican vice presidential candidate Sarah Palin is attempting a political comeback in a crowded field for a House seat that is open for the first time in nearly 50 years.
Palin was a late and last-minute entrant in the special election race, and her run was met with an immediate endorsement from former President Donald Trump — who said in a statement that he was paying Palin back for her early support for his 2016 presidential bid.
But in Alaska, Trump’s endorsement might not carry the weight it has in other open-seat contests across the 2022 primary map.
Palin is known on the national stage for the then-governor’s 2008 bid for vice president as the late Sen. John McCain’s out-of-nowhere selection as running mate. At home, though, many still resent Palin for quitting her job as governor in 2009, less than three years into her single term in office. Trump, meanwhile, ran behind many Alaska Republicans in 2020, though he won the state by 10 percentage points.
“I didn’t vote for her. She quit in the middle of the job,” said Alfred Rockwood, an 80-year-old retiree in Anchorage.
“She left a big stink in people’s mouth when she quit after running (for vice president). That rubbed people the wrong way,” said Kelly Lyons, a 46-year-old engineer in Anchorage.
A crowded field
The race to replace former Rep. Don Young, who died in March at 88 after representing Alaska in the House since 1973, has drawn a number of ambitious contenders who had been waiting years for an opening — as well as dozens of candidates who have not done much campaigning, but ponied up the $100 filing fee anyway.
The Republican establishment is backing a member of the state’s most prominent Democratic family. The Democratic Party is turning ferociously against the candidate it supported in a Senate race less than two years ago.
Oh, and Santa Claus is on the ballot — and he has a chance.
In all, 48 candidates are on the ballots that were mailed to the state’s voters, who must pick one and drop the ballot back in the mail by Saturday.
The top four finishers will advance to the special election on August 16. In that race, Alaska will use a ranked-choice system — with voters not just picking their preferred candidate but listing them in order — to determine the winner. That person will serve out the remainder of Young’s term.
Further complicating matters: That same day in August, they’ll also vote again in the regular House primary — in which they will select only one candidate of the 31 running, determining which four move on to the November general election. Voters then will use the ranked-choice system again — and the candidate who emerges victorious will serve a full two-year term in Washington.
Palin’s campaign for Congress has been enigmatic. She has participated in some events and held a rally in Anchorage on June 2, which Trump called into. But she hasn’t offered any sort of detailed agenda, and hasn’t laid out where she sees herself fitting into the GOP in Washington. Palin’s campaign did not respond to interview requests.
She said at a May candidate forum that she wanted to allow the state to drill and mine by protecting it from the influence of a “far-off faceless bureaucrat, or politician in some bubble, that’s going to tell Alaska where and when and how we’re going to develop our resources.”
“The federal government needs to back off,” she said. “Government, get off our back, get back on our side, and allow Alaskans to access our God-given natural resources that are created for mankind’s responsible use.”
But Palin’s rivals have cast doubt on whether she could play the role Young long played as the advocate for Alaska’s interests in Washington, no matter the cost to the rest of the country.
“I think her celebrity has outrun her. And even if she wanted to serve Alaska well, she can’t get away from her celebrity status. I think it would be hard for her to settle in and do the work of a congresswoman,” said John Coghill, a former state lawmaker whose father helped write Alaska’s constitution.
“I think she’s a wonderful person, personally,” Coghill said. “But it is true that in Alaska, many people felt that when she went off on that presidential race, that she walked off on Alaska. She could have come back and said, ‘OK, what’s next,’ and she didn’t.”
The favorites
Among Alaska political observers and even the longer-shot candidates in the special election, there are three clear favorites to advance to the four-person runoff: Palin, Nick Begich III, a Republican member of Alaska’s most prominent Democratic political family, and Al Gross, an independent who lost his 2020 Senate bid to GOP Sen. Dan Sullivan by 12 percentage points.
Those three candidates have provoked a series of unusual alliances and enemies.
Begich III — the grandson of Nick Begich, the former Democratic House member whose plane disappeared in 1972 and has never been found — had entered the regular House race planning to challenge Young months before his death, taking a conservative approach to federal spending that is out of Alaska’s norm and criticizing the congressman for supporting the federal infrastructure bill. The Alaska Republican Party endorsed Begich III in the special election for the position once held by his grandfather — Young was elected to the state’s only House seat after the first Nick Begich was pronounced dead and held it until his own death in March.
The Alaska Democratic Party, meanwhile, has harshly rebuked Gross — the wealthy independent candidate the party supported in the 2020 Senate race — because he had suggested he might caucus with Republicans. After the state party’s criticism, Gross reversed course and said he would caucus with Democrats, with his campaign citing the leaked draft Supreme Court opinion overturning Roe v. Wade. Still, state Democrats have kept up their attacks on Gross, urging voters to select one of the six registered Democrats on their special primary ballots.
The race for the fourth spot in the runoff, though, is wide open.
Alaska Democrats have urged the party’s voters to go with one of the six registered Democrats in the race. Among the frontrunners in that pack are Anchorage assemblyman Christopher Constant and respected former state lawmaker Mary Peltola, who directs an inter-tribal fish commission in the vast western portion of the state, which is off Alaska’s road system.
Peltola, who has a long track record working on Alaska-specific issues, said she has found voters are largely focused on national issues.
“This could be 1965. We’re looking at another Cold War. We’re discussing women’s reproductive rights. We’ve got tension between different demographic groups,” Peltola said. “It didn’t really occur to me before I was running for this seat that we’d be talking about things as basic as democracy and civility and respectfulness.”
Peltola once represented a state legislative district that is roughly the size of Oregon. If elected, she would become the first indigenous person to represent Alaska in Congress.
“Whether it’s me or someone else, I just think it’s high time that an Alaska Native be part of our congressional delegation,” Peltola said.
She is one of four candidates vying for that history-making mantle as the first Alaska Native in Congress. The other leading contender in that pack is Republican Tara Sweeney, the former US assistant secretary of Native Affairs, who is backed by Alaska’s Native corporations. Sweeney was Young’s campaign co-chair.
Another Young campaign co-chair, Republican state Sen. Josh Revak, an Iraq war veteran, has the endorsement of Young’s widow. Coghill, the former state lawmaker, is well-liked by many Republicans and could benefit from the ranked-choice system if he advances.
“They’re just kind of that pent-up desire that Alaska needs a new representative and it should have happened a long time ago, and I’m willing to do it,” Coghill said, explaining the field of candidates so packed that it required an entire page to fit them on the ballot.
Then there’s Santa Claus, whose name alone might be enough to carry him into fourth place.
The 75-year-old North Pole councilman — a portly, bearded Anglican monk who wears a red robe — is an independent candidate who identifies as a democratic socialist and supported Vermont Sen. Bernie Sanders’ presidential runs.
Claus has a real platform. He said he supports abortion rights, would back environmentally friendly policies that would protect the Arctic National Wildlife Refuge, and favors Medicare for All. He said he spoke with Young, a leading marijuana advocate, about how he had used cannabis after battling cancer.
Claus is only running in the special House election, and is not a candidate for the full term beginning in 2023. A fourth-month stint, he said, would allow him to “catch up after all the months since Don had passed and get to work.” Every other candidate considered a serious contender is running in both elections.
“Whoever goes in for the short term, since we’ve been without representation for a while in the House, should spend their time working for the people of Alaska, not spending their time campaigning for the subsequent two-year term,” Claus said.
Before changing his name from Thomas Patrick O’Connor in 2005, Claus spent time in several US cities. He earned a bachelor’s and master’s degree at New York University, and worked for the New York Police Department in the 1970s. He later lived in Colorado and Nevada, in skiing and resort communities where he often played Santa Claus during holiday events and became an advocate for at-risk children.
He said the name change came after he had grown out his beard and started playing Santa Claus for nonprofits at Lake Tahoe. On a walk on a snowy road in 2005, he had prayed about how he could use his Santa Claus-like appearance to help children. As he finished, he recalled, a white car drove by, and someone inside shouted: “Santa, I love you!”
“So,” he said, “I took it to heart.”
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/sarah-palin-is-facing-off-against-santa-claus-in-alaskas-special-primary-election/article_183e953e-83ee-58ba-ad7a-3b2e5797f418.html | 2022-06-11T18:36:54Z |
NEW YORK, July 27, 2022 /PRNewswire/ -- The Lupus Research Alliance (LRA) is pleased to share that the U.S. Food and Drug Administration (FDA) has approved belimumab (Benlysta®) as the first-ever treatment specifically indicated for children aged 5 to 17 with lupus nephritis. Belimumab is already approved by the FDA to treat lupus nephritis in adults as well as lupus in the pediatric population.
When proteins produced by the immune cells called antibodies attack the kidney tissue, inflammation, or lupus nephritis results. Eight out of ten children with lupus will have kidney damage, which usually stems from lupus nephritis. When the kidneys become inflamed, they can't effectively get rid of waste products and other toxins from the body. This can lead to end-stage kidney disease which can require dialysis to remove waste products mechanically or a kidney transplant.
"Our community has much to celebrate with the approval of the first and much-needed treatment for children with lupus nephritis," commented Lupus Research Alliance President and CEO Kenneth M. Farber. "We are particularly proud to see belimumab approved to help yet another patient population, having funded much of the original research that led to the drug's development."
Lupus nephritis has been a primary focus of lupus research since the organization's inception and continues with substantial investment going to improve diagnosis, monitoring, and treating the condition.
Click here for the announcement from GSK.
About Lupus
Lupus is a chronic, complex autoimmune disease that affects millions of people worldwide. More than 90 percent of people with lupus are women; lupus most often strikes during the childbearing years of 15-45. African Americans, Hispanic Americans, Asian Americans and Native Americans are two to three times at greater risk than Caucasians. In lupus, the immune system, which is designed to protect against infection, creates antibodies that can attack any part of the body including the kidneys, brain, heart, lungs, blood, skin, and joints.
About the Lupus Research Alliance
The Lupus Research Alliance is the largest non-governmental, non-profit funder of lupus research worldwide. The organization aims to transform treatment by funding the most innovative lupus research, fostering diverse scientific talent, and driving discovery toward better diagnostics, improved treatments and ultimately a cure for lupus. Because the Lupus Research Alliance's Board of Directors fund all administrative and fundraising costs, 100% of all donations goes to support lupus research programs.
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SOURCE Lupus Research Alliance | https://www.mysuncoast.com/prnewswire/2022/07/27/lra-congratulates-gsk-fda-approval-benlysta-belimumab-children-with-lupus-nephritis/ | 2022-07-27T21:29:37Z |
KYIV, Ukraine (AP) — Powerful explosions rattled the southern Ukrainian city of Mykolaiv on Thursday and a city close to the country’s biggest nuclear power plant sustained a barrage of shelling amid Russian attacks in several regions, Ukraine’s presidential office said.
At least four civilians were killed and 10 more wounded in 24 hours, with nine Ukrainian regions coming under fire, the office said in its daily update.
The separatist-held eastern city of Donetsk also came under shelling, with Russian-backed local authorities saying that five civilians were killed and six others wounded.
Kyiv said that two districts of Mykolaiv, which has been targeted frequently in recent weeks, were shelled.
Russian forces reportedly fired 60 rockets at Nikopol, in the central Dnipropetrovsk region. Some 50 residential buildings were damaged in the city of 107,000 and some projectiles hit power lines, leaving city residents without electricity, according to Ukrainian authorities.
Nikopol is located across the Dnieper river from the Zaporizhzhia nuclear power plant, which was taken over by Russian troops early in the war.
Experts at the U.S.-based Institute for the Study of War believe that Russia is shelling the area intentionally, “putting Ukraine in a difficult position.”
“Either Ukraine returns fire, risking international condemnation and a nuclear incident (which Ukrainian forces are unlikely to do), or Ukrainian forces allow Russian forces to continue firing on Ukrainian positions from an effective ‘safe zone,’” the Institute’s latest report said.
The head of the U.N. nuclear watchdog agency earlier this week voiced alarm over the situation at the Zaporizhzhia plant.
Russian Defense Ministry spokesman Lt. Gen. Igor Konashenkov said Thursday that the Russian military had struck two Ukrainian munitions depots near the village of Novoivanivka in the Zaporizhzhia region and a fuel depot near the Zaporizhzhia railway station.
In northern Ukraine, the country’s second-largest city, Kharkiv, was being shelled from Russia, the presidential office said. Several industrial facilities were hit in the city, which also has been a frequent target. In the nearby city of Chuhuiv, a rocket hit a five-story residential building.
In the eastern Donetsk region, where fighting has been focused in recent weeks, residential buildings were being shelled in all large cities and a school was destroyed in the village of Ocheretyne. The region is struggling without gas supplies and, in part, without power and water supplies; its residents are being evacuated.
In the city of Donetsk, Russian-backed separatist authorities blamed Ukrainian forces for shelling Thursday of the central part of the city. The area hit was near a theater where a farewell ceremony for a prominent separatist officer killed a few days ago was being held.
Mykhailo Podolyak, an adviser to Ukrainian President Volodymyr Zelenskyy, denied Ukrainian involvement. He alleged, without offering evidence, that Russian or separatist forces were responsible for the shelling.
Russia and Ukraine have repeatedly accused each other of firing on territories under their own control.
Russian forces have already seized the Luhansk region that neighbors Donetsk. Its Ukrainian governor, Serhiy Haidai, said on social media that local residents are being mobilized to fight against Kyiv’s forces and that “even indispensable mine workers are being taken.”
Ukrainian authorities reported another abduction of a mayor who reportedly refused to collaborate with the Russians in the southern Kherson region, which is also almost entirely occupied.
The reported kidnapping of Serhiy Lyakhno, the mayor of the village of Hornostaivka, comes as Russia amasses more troops in the area in anticipation of a counteroffensive by Kyiv and ahead of a planned referendum on the region becoming part of Russia.
___
Follow AP’s coverage of the Russia-Ukraine war at https://apnews.com/hub/russia-ukraine | https://cw33.com/news/international/ap-international/ukrainian-cities-shelled-including-one-near-nuclear-plant/ | 2022-08-04T13:07:41Z |
Both sides of ‘Value Them Both’ gear up for Elections
TOPEKA, Kan. (WIBW) -With the countdown on until Election night, both sides of the ‘Value Them Both’ amendment are sharing their thoughts on how this can affect Kansans.
“Value Them Both is not a ban, it returns to the people of Kansans the opportunity for them to have a voice on the public policy aspect of the abortion industry, Kansans support reasonable limits such as parental involvement, no taxpayer funding of abortion and bans on late term abortions,” said Jeanne Gawdun, Kansans For Life.
“It’s a complete ban, the officials already admitted that they are going to make this a complete ban, and if it’s not going to be a complete ban then it is going to be so hard it might as well be,” Rachael Allen, opposes ‘Value Them Both’.
Kansans For Life says ‘Value Them Both’ needs to be passed in order to protect the limits on abortion.
“There is no abortion specific clinic sanitation standards and inspection by KDHE and the reason we had that law which was just struck down last year was because woman testified they didn’t know information about abortion fetus development or the risk of their own health,” said Gawdun.
Those who oppose the amendment say, there are enough regulations on abortions already.
“Abortions are safe, I mean there are a lot of regulations to it that people don’t believe, you have to be under 22 weeks pregnant to qualify, you have to an ultrasound to look at your baby first, there is a lot to it. It’s a two day process, women really take this seriously it’s not like “Im pregnant lets get an abortion!”,They really think about this, this is the most important decision of their lives,” said Allen.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/02/both-sides-value-them-both-gear-up-elections/ | 2022-08-02T03:40:33Z |
Event will focus on optimizing integration of lasers into clinical practice with recognized leaders from all dental specialties and academia
FOOTHILL RANCH, Calif., June 9, 2022 /PRNewswire/ -- BIOLASE, Inc. (NASDAQ: BIOL), the global leader in dental lasers is proud to host its first annual meeting of leading dental laser experts on June 10, 2022 and June 11, 2022 at the Avenue of the Arts in Costa Mesa, CA.
The event gathers over 20 renowned clinicians from the general dentistry community, Endodontics, Periodontics, Pediatrics, Hygiene and academia. This group is among the leading voices in clinical care currently utilizing dental lasers and the gathering will promote faster integration of laser technology into clinical practice and increased acceptance of lasers in dentistry globally.
"We are excited to bring leading dentists and hygienists together to discuss current treatments and accelerating the pace of laser adoption" commented John Beaver, President and Chief Executive Officer. "It is rewarding to see our mission of advancing dentistry being embraced by so many in the industry, and we look forward to working with this group of distinguished clinicians to enact further positive change in patient standard of care."
Sessions include new models for training, immersive education, dental team and patient communication as well as ideation and new ways to bring laser technology to the forefront of patient care.
For more information on the event visit: https://events.wcli.org/event/c3bccc8f-72e0-4a98-a72b-4226247bd657/summary
About BIOLASE
BIOLASE is a medical device company that develops, manufactures, markets, and sells laser systems in dentistry and medicine. BIOLASE's products advance the practice of dentistry and medicine for patients and healthcare professionals. BIOLASE's proprietary laser products incorporate approximately 301 patented and 32 patent-pending technologies designed to provide biologically and clinically superior performance with less pain and faster recovery times. BIOLASE's innovative products provide cutting-edge technology at competitive prices to deliver superior results for dentists and patients. BIOLASE's principal products are revolutionary dental laser systems that perform a broad range of dental procedures, including cosmetic and complex surgical applications. BIOLASE has sold over 43,300 laser systems to date in over 80 countries around the world. Laser products under development address BIOLASE's core dental market and other adjacent medical and consumer applications.
For updates and information on Waterlase iPlus®, Waterlase Express™, and laser dentistry, find BIOLASE online at www.biolase.com, Facebook at www.facebook.com/biolase, Twitter at www.twitter.com/biolaseinc, Instagram at www.instagram.com/waterlase_laserdentistry, and LinkedIn at www.linkedin.com/company/biolase.
BIOLASE®, Waterlase® and Waterlase iPlus® are registered trademarks of BIOLASE, Inc.
Cautionary Statement Regarding Forward-Looking Statements
This press release contains forward-looking statements, as that term is defined in the Private Litigation Reform Act of 1995, that involve significant risks and uncertainties, including statements regarding the anticipated roll out of new go-to-market sales strategies, the Company's efforts to achieve its goal of becoming EBITDA positive. Forward-looking statements can be identified through the use of words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "may," "will," "should," and variations of these words or similar expressions. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect BIOLASE's current expectations and speak only as of the date of this release. Actual results may differ materially from BIOLASE's current expectations depending upon a number of factors. These factors include, among others, adverse changes in general economic and market conditions, competitive factors including but not limited to pricing pressures and new product introductions, uncertainty of customer acceptance of new product offerings and market changes, risks associated with managing the growth of the business, and those other risks and uncertainties that are described, from time-to-time, in the "Risk Factors" section of BIOLASE's annual reports filed on Form 10-K with the Securities and Exchange Commission. Except as required by law, BIOLASE does not undertake any responsibility to revise or update any forward-looking statements.
For further information, please contact:
EVC Group LLC
Michael Polyviou / Todd Kehrli
(732) 933-2754
mpolyviou@evcgroup.com / tkehrli@evcgroup.com
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SOURCE BIOLASE, Inc. | https://www.kxii.com/prnewswire/2022/06/09/biolase-announces-inaugural-clinical-excellence-forum/ | 2022-06-09T10:55:01Z |
KDOT allows Topeka to reopen Kansas Ave. underneath Polk-Quincy
TOPEKA, Kan. (WIBW) - The Kansas Department of Transportation will allow the City of Topeka to reopen Kansas Ave. underneath I-70 where a chunk of barrier wall previously plummeted 60 feet.
The Kansas Department of Transportation says on Tuesday, Aug. 2, it gave the City of Topeka the go-ahead to re-open Kansas Ave. to both vehicle and pedestrian traffic under the Polk-Quincy Viaduct.
KDOT said it requested the closure after part of the concrete barrier fell 60 feet into the parking lot below on June 11.
KDOT noted that removal and replacement of the carrier along the viaduct has been completed and curb construction for drainage control is currently underway - with segments over Kansas Ave. completed on Friday, July 29.
The Department indicated that the roadway remains temporarily closed at its request on SW Jackson St. underneath the viaduct and 2nd St from the alley between SE Quincy and S Kansas Ave. to the west side of SW Van Buren. It said these closures will remain in effect until curb construction and repair work has been completed.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/02/kdot-allows-topeka-reopen-kansas-ave-underneath-polk-quincy/ | 2022-08-02T19:53:24Z |
BERLIN and PERTH, Australia, June 24, 2022 /PRNewswire/ -- Today a leading group of German companies along with Australia's Fortescue Future Industries (FFI) has released a green hydrogen roadmap, outlining a set of recommendations for government and industry, to meet the ambitious target of importing large amounts of green hydrogen from Australia to Germany.
The Green Hydrogen Taskforce, created earlier this year, is a collaborative effort between FFI, and some of the strongest energy, industrial, and technology companies in Germany, including Covestro, E.ON, Linde, Luthardt, SAP, Schaeffler, thyssenkrupp Nucera and thyssenkrupp Uhde.
The green hydrogen roadmap developed by the Taskforce consists of a 10-point plan and a White Paper and is intended to outline a constructive pathway forward in Germany for business and government. The roadmap could potentially serve as an example for other nations looking for solutions at the upcoming G7 meeting. The G7 meeting will discuss hydrogen and has already developed a G7 Hydrogen Action Pact (G7 HAP) which will form part of the final G7 communique.
The companies in the taskforce are ready to move on green energy through serious investment and will work with Government to achieve these goals together. The recommendations to the German government include: developing subsidies and incentives to remove the "First Mover Disadvantage"; encouraging sources of low-cost capital to scale the industry, and underwriting equipment manufacturers expansion plans to meet developer's needs.
Climate change has become a dramatic reality of our times with visible impacts on all continents and all countries. The UN IPCC report has recommended reducing fossil fuel production to keep temperature increases under 1.5 degrees and halt the worst impacts of global warming. With this responsibility in mind, the industry stands ready to do its part.
The Russian war on Ukraine has in addition created a new reality. This must lead to an accelerated energy transition, especially regarding the development of a green hydrogen economy, which will help to decarbonise as well as to diversify energy supply.
Dr. Cord Landsmann, CEO of thyssenkrupp Uhde, said, "The future of energy needs the right partnerships and the right technologies. We bring our expertise in industrial-scale hydrogen applications like green ammonia for enabling the worldwide export/import of clean energy."
Patrick Lammers, COO at E.ON, said, "We are determined to implement the green transformation of the economy. For this, the development of a reasonable green hydrogen environment must be given priority. In the long term, this strengthens climate protection, independence from Russian gas and the competitiveness of our industries. This deserves a high level of political support."
Juergen Nowicki, Executive Vice President Linde and CEO of Linde Engineering, said, "For an industrialized nation such as Germany it is of utmost importance to secure reliable and affordable energy. Clean hydrogen has an important role to play in the energy transition, but we need to have the right framework, incentives and infrastructure in place to make it actionable as a lever to decarbonisation. We are committed to supporting the effort to decarbonise Germany's economy by leveraging Linde's knowledge, experience and technology along the entire hydrogen value chain, from production and storage to transportation and application."
Dr. Klaus Schäfer, Chief Technology Officer and member of the Board of Management of Covestro, said, "Green hydrogen is a central building block for the transformation of the chemical industry towards climate neutrality. Covestro and other industry partners are in the starting blocks to get the hydrogen economy up and running. However, we also need the right framework conditions and political support to achieve this. Using the example of the partnership between Germany and Australia, this action plan shows which steps need to be taken in detail. It complements the ongoing HAP initiative and establishes an actionable plan which can easily be replicated amongst the G7 countries and beyond."
"This also includes the critical topic of tracking and tracing of green hydrogen and green ammonia through the complete value chain including the certificates of origin with the aim that the end customers will exactly know what they get," said Peter Koop, Global Lead for Energy Transition and Hydrogen at SAP.
Uwe Wagner, CTO of Schaeffler AG said, "the envisaged hydrogen partnership between Germany and Australia is a vital step to foster clean energy in Germany. To turn this goal into reality, quick industrialization of electrolysis and other hydrogen technologies will be crucial. We stand ready to speed up the energy transition with the supply of high-quality components for the large-scale production of electrolysers."
Dr. Andrew Forrest Chairman of FFI, said, "Germany and the European continent are facing stagflation for the first time in years. If structured appropriately, an accelerated uptake of green hydrogen also by means of green ammonia can be a powerful economic growth driver for Germany. Our White Paper estimates that for every €1 spent as a support mechanism by Government for green hydrogen, €10 is unlocked in private investment."
Global green energy company FFI and one of Europe's largest energy companies with focus on energy infrastructure and customer solutions, E.ON, recently announced a partnership with the goal to supply 5 million tonnes of green hydrogen a year by 2030 – the equivalent of one third of the calorific energy of natural gas Germany imports from Russia.
"Our message is very clear. The green energy industrial revolution is here. Do not allow the energy crisis to make the climate crisis worse. Germany can become a green energy superpower and we have outlined the pathway to make it happen, including the financial investment required by government. Business is ready."
Key findings from the reports released today:
- Industrial demand centers in Germany and the EU are ready to offtake up to 5 Mtpa of green hydrogen in the short-term, with a total addressable market of up to 27 Mtpa in the long-term.
- By 2030, carbon price will likely reach a sufficient threshold for imported green hydrogen to be competitive with fossil fuels, negating the need for any further subsidies (Source: RMI analysis)
- The required near-term market- and first-mover support of €20-30 billion will achieve more than 10x leverage on capital deployed into industrial assets. (Source: RMI analysis)
- Clear and timely government support is needed to signal confidence in a burgeoning green hydrogen market and remove barriers to investment.
- Once common standards and robust financial mechanisms are in place, stakeholders across the green hydrogen value chain are ready to agree on contracts and ensure production, transport, storage, and conversion facilities are ramped up at the scale required to meet deployment targets.
- Green ammonia is a key route for green hydrogen to be supplied to EU markets as existing infrastructure can be leveraged and expanded, and safe handling of ammonia is well established
- Moving quickly and strategically to build up a green hydrogen trade will enable Germany and the EU to capitalize on short-term opportunities across volatile global energy markets, and to safeguard energy security while achieving critical decarbonization objectives.
A full copy of the White Paper and 10 point action plan was released today and can be found at https://ffi.com.au/news/australian-german-business-coalition
Read about each company at www.ffi.com.au
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SOURCE Fortescue Future Industries | https://www.wibw.com/prnewswire/2022/06/24/australian-german-business-coalition-produces-roadmap-large-scale-green-hydrogen-import-germany-fortescue-future-industries/ | 2022-06-24T04:30:46Z |
– Hans Lindeberg, Previously Head of ALK's Nordic Region, Has Been Named as the New Senior Vice President of ALK North America, Effective Immediately –
– His Predecessor Jorge Alderete Retires from the Company at the End of June –
ROUND ROCK, Texas, May 19, 2022 /PRNewswire/ -- ALK (ALKB:DC / OMX:ALK B / AKABY / AKBLF) has appointed Hans Lindeberg as its new Senior Vice President of Commercial Operations in North America. He succeeds Jorge Alderete, who will retire from ALK on June 30, 2022.
Lindeberg joined ALK in 2005, following 10 years at GSK in various sales and marketing roles. After joining the company, he was appointed to sales and marketing roles of increasing seniority, until being named General Manager for ALK's Nordic sales region in 2014. In this role, Lindeberg doubled the size of the Nordic sales region and was named ALK's 'General Manager of the Year' twice.
"Hans Lindeberg has a reputation for mobilizing and motivating his teams to deliver outstanding results and a proven track record of using digital engagement to motivate people with allergy to take action on their allergic condition," said Executive Vice President of Commercial Operations Søren Niegel. "By adding his leadership and skills to our already highly capable North American management team, Hans will further advance our ambitions in the region and our ability to deliver on our strategic aspirations."
Lindeberg will be based in Bedminster, New Jersey, and will report directly to Søren Niegel, also becoming a member of ALK's Global Commercial Operations Management Team and its cross-functional Americas Management Team. His appointment is effective immediately to secure a smooth transition until Alderete retires.
Commenting on Alderete's retirement, Niegel said, "In his ALK career of 23 years, rising from National Sales Director to Senior Vice President of ALK North America, Jorge has overseen a significant expansion of our commercial setup in North America, including the repatriation of our tablets franchise from a former partner. Under his leadership, ALK North America has grown significantly, generating broad-based, double-digit compounded annual sales growth throughout his tenure, and has thereby helped a lot more people with their allergies. On a personal note, I'd like to thank Jorge for his counsel, support and leadership and wish him a happy transition into this new chapter in his life."
About ALK
ALK is a global, research-driven pharmaceutical company that focuses on the prevention, diagnosis and treatment of allergies. It markets allergy immunotherapy treatments and other products and services for people with allergy and allergy doctors. Headquartered in Hørsholm, Denmark, ALK employs around 2,600 people worldwide and is listed on Nasdaq Copenhagen. Find more information at www.alk.net.
For further information, please contact:
Investor Relations: Per Plotnikof, tel. +45 4574 7527, mobile +45 2261 2525
Media: Dan Commerford, tel. +1 908 842 8355
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SOURCE ALK, INC. | https://www.mysuncoast.com/prnewswire/2022/05/19/hans-lindeberg-appointed-lead-alk-north-america/ | 2022-05-19T12:32:42Z |
NEW YORK, Aug. 1, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Pzena Investment Management, Inc. (NYSE: PZN)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Pzena Investment Management, Inc. (NYSE: PZN), in connection with the proposed merger of PZN with its operating company, Pzena Investment Management, LLC. Under the terms of the merger agreement, PZN shareholders will receive $9.60 in cash for each share of common stock owned. If you own PZN shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/pzn
PBF Logistics LP (NYSE: PBFX)
Weiss Law is investigating possible breaches of the implied covenant of good faith and fair dealing and other violations of law by the board of directors of PBF Logistics LP (NYSE: PBFX) in connection with the proposed acquisition of PBFX by PBF Energy Inc. ("PBF Energy"). Under the terms of the merger agreement, each outstanding common unit of PBFX that PBF Energy does not own will be converted into 0.270 shares of PBF Energy Class A common stock and $9.25 in cash, without interest. Currently, PBF Energy owns approximately 47.7% of the outstanding common units of PBFX. If you own PBFX shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/pbfx
RealNetworks, Inc. (NASDAQ: RNWK)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of RealNetworks, Inc. (NASDAQ: RNWK), in connection with the proposed merger of RNWK with Greater Heights LLC, an affiliate of the company's founder, Chairman and CEO, Robert D. Glaser. Under the terms of the merger agreement, RNWK shareholders will receive $0.73 in cash for each share of RNWK common stock owned. Mr. Glaser, together with his affiliates, currently owns approximately 39% of the outstanding shares of RNWK. If you own RNWK shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/rnwk
Unity Software Inc. (NYSE: U)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Unity Software Inc. (NYSE: U) in connection with U's proposed merger with ironSource Ltd. ("ironSource"). Under the merger agreement, U will acquire each ironSource share for 0.1089 of a U common share, leaving U shareholders owning approximately 73.5% and ironSource shareholders owning approximately 26.5% of the combined company upon closing of the transaction. If you own U shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/u
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SOURCE Weiss Law | https://www.wibw.com/prnewswire/2022/08/01/shareholder-alert-weiss-law-reminds-pzn-pbfx-rnwk-u-shareholders-about-its-ongoing-investigations/ | 2022-08-01T21:00:32Z |
DENVER, June 15, 2022 /PRNewswire/ -- Theralink Technologies (OTC: THER) ("Theralink" or the "Company"), a precision medicine company with a novel phosphoprotein-based assay for breast cancer, today announced that it will host a virtual fireside chat with its President & CEO, Mick Ruxin, M.D., on Wednesday, June 22nd at 11:00am ET, 2022.
During the event, Dr. Ruxin will discuss precision oncology technologies and the current treatment landscape for patients and oncologists, as well as the opportunities this presents for Theralink. Additionally, Dr. Ruxin will cover Theralink's recent company milestones and strategic priorities.
Webcast Information
To attend the live video webcast, please register here or email KCSA Strategic Communications at Theralink@KCSA.com.
About Theralink Technologies, Inc.
Theralink Technologies is a proteomics-based, precision medicine company with a CLIA-certified laboratory located in Golden, Colorado. Through its unique and patented phosphoprotein and protein biomarker platform and LDTs, Theralink's technology targets multiple areas of oncology and drug development. In addition to the Company's first assay for advanced breast cancer, Theralink is actively working on a second assay that is planned to be pan-tumor for solid tumors across multiple tumor types such as ovarian, endometrial, pancreatic, liver, head and neck, gastrointestinal, lung, prostate, among others. Theralink provides precision oncology data through its powerful Theralink® Reverse Phase Protein Array assays to assist the biopharmaceutical industry and clinical oncologists in identifying likely responders and non-responders to both FDA-approved and investigational drug treatments. Theralink intends to help improve cancer outcomes for patients, help reveal therapeutic options for oncologists, and support biopharmaceutical drug development by using a beyond-genomics approach to molecular profiling that directly measures drug target levels and activity. For more information, please visit www.theralink.com.
Forward-Looking Statements
Certain statements contained in this press release are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, including, without limitation, anything relating or referring to future financial results, patient enrollment and plans for future business development activities, and are thus prospective. Forward-looking statements are inherently subject to risks and uncertainties some of which cannot be predicted or quantified based on current expectations. Such risks and uncertainties include, without limitation, the risks and uncertainties set forth from time to time in reports filed by Theralink Technologies with the Securities and Exchange Commission. We have based these forward-looking statements largely on our current expectations and projections about future events and financial trends affecting the financial condition of our business and although the company believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Consequently, future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements contained herein. The company undertakes no obligation to publicly release statements made to reflect events or circumstances after the date hereof.
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SOURCE Theralink Technologies | https://www.wibw.com/prnewswire/2022/06/15/theralink-technologies-host-fireside-chat-with-dr-mick-ruxin-president-chief-executive-officer-june-22nd-1100-am-et/ | 2022-06-15T12:13:45Z |
SAN FRANCISCO, June 8, 2022 /PRNewswire/ -- Canix, a market-leading cannabis ERP seed-to-sale platform, has raised $10 million in funding from venture capitalists.
Canix launched in 2019 from Y Combinator and, in 2020, won TechCruch Disrupt Startup Battlefield. Both founders were also featured in Forbes 30 Under 30. Since then, Canix has expanded to serve 2,300 licenses across 15+ states and 6 countries.
Armed with the data, customer feedback, seasoned product team, and funding, Canix now has the tools to build the preeminent cannabis ERP. Recently built integrations such as Sage Intacct, product costing tools, and multi-facility management, have made Canix a must-have for large operations.
"This is a huge milestone for us. Our goal has always been to help businesses in the cannabis industry thrive," said Stacey Hronowski, Co-Founder and CEO of Canix. "The industry will experience unprecedented growth over the next 12 months. With that growth comes supply chain and logistical challenges. This backing allows us to keep up with that growth; further developing our product and providing operators with the best tools to run a profitable cannabis business."
This capital raise will spur the development of features for cultivation forecasting, material resource planning (MRP), warehouse management, and procurement. Additionally, it will provide a war chest for market expansion considering a number of states have recently passed legislation allowing recreational or medical cannabis, and several more are expected to pass this year.
"Software will have a profound impact on the trajectory and pace of the industry," said Artem Pasyechnyk, Co-Founder and CTO of Canix. "Our continued investment into innovative solutions to solve the unique problems of the cannabis space will allow us to unlock the full potential of the critical compliance and operational data that our customers have been gathering for years. We are thrilled to have the opportunity to turn all these data points into actionable insights and forecasts for the industry at large, and empower us all to thrive in the era of legalization."
Compliance in the cannabis industry is a nightmare for many producers creating inefficiencies across the supply chain. Canix simplifies compliance workflows to help scale operations and calculate profit-per-gram to give operators visibility into their businesses profit margin.
Additional features included in the platform are: live inventory management for sales teams, sales and invoice creation, harvest yield tracking, open API for data integrations, RFID scanning tools, non-cannabis inventory management, purchase order placement, manufacturing batch tracking, custom label creation, Task Management, and extensive reporting.
Visit https://www.canix.com/ to learn more about the industry-leading seed-to-sale platform today.
Canix is a cannabis ERP software and seed-to-sale platform for cannabis cultivators, manufacturers and distributors. Founded in 2019, the company serves both large commercial operations and standalone single-service operators. Canix provides a suite of tools for cannabis companies to operate efficiently and increase profit margins while remaining compliant with legislative authorities. With Canix, businesses have complete control over their real-time inventory and sales data. For more information about Canix, visit www.canix.com
Media Contact
Madison Hampton
Director of Marketing at Canix
Madison@canix.com
239-289-8618
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SOURCE Canix | https://www.kxii.com/prnewswire/2022/06/08/canix-seed-to-sale-software-raises-10-million-series-funding-round/ | 2022-06-08T18:10:37Z |
Dear Heloise: I have read opposing views on how to leave a toilet seat when finished, by both genders — up or down? I was raised to leave the seat down or even lower the lid, too. It keeps things from falling into the water (clean or dirty). Both of my husbands left everything up, despite my request to please lower it. I doubt anyone would enjoy falling into the commode, but this is just an opinion, not really part of the suggestion.
My suggestion comes from my nursing background. Lower the seat and the lid when finished, if one is provided.
My rationale: No matter what is in the commode, the swirling water creates an aerosol of the matter, which then is sprayed into the air for anyone to breathe or even to land anywhere. In these days of various illnesses, why increase your chances of becoming infected?
If in a public restroom with no lids, just flush and quickly turn your back to exit. Thank you.
— Nurse Nancy, Waco | https://www.tdtnews.com/life/advice_columns/article_306fe87a-c639-11ec-8228-bf94c1f390c4.html | 2022-04-28T08:48:30Z |
NEW YORK, Aug. 3, 2022 /PRNewswire/ -- Safehold Inc. (NYSE: SAFE) reported results for the second quarter 2022.
SAFE published a presentation detailing these results which can be found on its website, www.safeholdinc.com in the "Investor Relations" section.
Highlights from the earnings announcement include:
- Q2 '22 earnings per share were $0.37, a 32% increase year-over-year
- Q2 '22 revenue was $64.9 million, a 47% increase year-over-year
- Closed $381 million1 of new originations in Q2'22, bringing total aggregate portfolio to $5.9 billion
- Portfolio generates annualized in-place cash rent of $178 million with an annualized yield of 5.1% and an inflation-adjusted yield of 5.6% (based on the Federal Reserve's current 30-year inflation expectation of 2.22%)
- UCA grew by an estimated $543 million in Q2'22, bringing total UCA to an estimated $9.9 billion
"Safehold reported a strong second quarter with over $380 million of new originations, growing the portfolio by 7% quarter-over-quarter to $5.9 billion," said Jay Sugarman, Chairman and Chief Executive Officer. "With $930 million of available liquidity at the end of the quarter, Safehold is well positioned to fund additional ground lease opportunities."
The Company will host an earnings conference call reviewing this presentation beginning at 10:00 a.m. ET. This conference call will be broadcast live and can be accessed by all interested parties through Safehold's website and by using the dial-in information listed below:
A replay of the call will be archived on the Company's website. Alternatively, the replay can be accessed via dial-in from 2:30 p.m. ET on August 3, 2022 through 12:00 a.m. ET on August 17, 2022 by calling:
About Safehold:
Safehold Inc. (NYSE: SAFE) is revolutionizing real estate ownership by providing a new and better way for owners to unlock the value of the land beneath their buildings. Having created the modern ground lease industry in 2017, Safehold continues to help owners of high quality multifamily, office, industrial, hospitality, student housing, life science and mixed-use properties generate higher returns with less risk. The Company, which is taxed as a real estate investment trust (REIT) and is managed by its largest shareholder, iStar Inc., seeks to deliver safe, growing income and long-term capital appreciation to its shareholders. Additional information on Safehold is available on its website at www.safeholdinc.com.
Company Contact:
Jason Fooks
Senior Vice President
Investor Relations & Marketing
T 212.930.9400
E investors@safeholdinc.com
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SOURCE Safehold | https://www.wibw.com/prnewswire/2022/08/03/safehold-reports-second-quarter-2022-results/ | 2022-08-03T12:56:01Z |
Record Quarterly Revenue of $70.8 Million
First Quarter Revenue Up Over 24% Year-Over-Year
13 Consecutive Quarters of 98% Gross Revenue Retention
BOISE, Idaho, May 4, 2022 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN) ("Clearwater Analytics" or the "Company"), an industry-leading SaaS solution for automated investment data aggregation, reconciliation, accounting, and reporting, announced today its financial results for the quarter ended March 31, 2022.
"Clearwater Analytics had an extremely strong quarter, achieving significant top-line growth across all of our industry verticals, especially asset management," said Sandeep Sahai, Chief Executive Officer. "We added marquee logos in our core markets, including T. Rowe Price and Nuveen Asset Management, where we will optimize investment accounting operations as they grow their businesses. Also, we won our first insurance client in France and our first European foundation. Based on this solid start to the year, we are excited about the continued runway for growth spanning the rest of 2022 and beyond."
First Quarter 2022 Financial Results Summary
- Revenue: Total revenue for the first quarter of 2022 reached $70.8 million, an increase of 24.4%, from $56.9 million in the first quarter of 2021.
- Gross Profit: Gross profit for the first quarter of 2022 was $49.6 million compared with $42.6 million in the first quarter of 2021. Non-GAAP gross profit for the first quarter of 2022 was $52.5 million, which equates to a 74.2% non-GAAP gross margin. Non-GAAP gross margin continues to be strong, even as the Company continues to hire ahead of expected new client demand in continental Europe and Asia. The decrease in gross margin as reported under GAAP is primarily due to increased equity-based compensation expense related to equity grant activity and the increase in grant date fair value and modification of equity awards in connection with the Company's recent IPO.
- Net Income: Net income for the first quarter of 2022 was $0.5 million compared with net income of $3.4 million in the first quarter of 2021. Non-GAAP net income for the first quarter of 2022 was $12.8 million compared with non-GAAP net income of $7.8 million in the first quarter of 2021.
- Net Income Per Share and Non-GAAP Net Income Per Share attributable to Clearwater Analytics Holdings, Inc.: Net income per basic and diluted share was $0.00 and non-GAAP net income per diluted share was $0.05 in the first quarter of 2022.
- Adjusted EBITDA: Adjusted EBITDA for the first quarter of 2022 was $18.9 million, compared with $18.1 million in the first quarter of 2021. Adjusted EBITDA margin for the first quarter of 2022 was 26.7%. The Company continues to produce solid Adjusted EBITDA margins, balancing growth and profitability, while at the same time absorbing incremental public company costs.
- Cash: Cash and cash equivalents were $263.7 million as of March 31, 2022.
First Quarter 2022 Key Metrics Summary
- Annualized Recurring Revenue: As of March 31, 2022, annualized recurring revenue ("ARR") reached $287.1 million, an increase of 23.5% from $232.5 million as of March 31, 2021.
ARR is calculated at the end of a period by dividing the recurring revenue in the last month of such period by the number of days in the month and multiplying by 365. - Gross Revenue Retention Rate: As of March 31, 2022, the gross revenue retention rate was 98%. The Company has reported a gross revenue retention rate of 98% for thirteen consecutive quarters.
Gross revenue retention rate represents annual contract value ("ACV") at the beginning of the 12-month period ended on the reporting date less client attrition over the prior 12-month period, divided by ACV at the beginning of the 12-month period, expressed as a percentage. ACV is comprised of annualized recurring revenue plus contracted-not-billed revenue, which represents the estimated annual contracted revenue for new and existing client opportunities prior to revenue recognition. - Net Revenue Retention Rate: As of March 31, 2022, the net revenue retention rate was 107%, representing healthy performance as existing clients, in particular asset managers, continued to increase their assets on the platform. While healthy, first quarter net revenue retention was impacted by slower growth from acquisitions within the Company's insurance client base and decreased pricing of the Company's clients' fixed income securities.
Net revenue retention rate is the percentage of recurring revenue from clients on the platform for 12 months and includes changes from the addition, removal, or value of assets on our platform, contractual changes that have an impact to annualized recurring revenues and lost revenue from client attrition.
Recent Business Highlights
- The Company continued building its client onboarding and service capabilities in Europe and Asia with new offices in Singapore and London and expanded capacity in Edinburgh and Noida to enhance the delivery of high quality, global, follow-the-sun services, as momentum continues to build worldwide.
- New asset management clients added during the first quarter of 2022 included T. Rowe Price and Nuveen Asset Management, who both chose Clearwater Analytics to optimize investment data aggregation and reporting performance, as well as a large East Coast-based asset manager.
- Insurance companies continue to turn to Clearwater Analytics as evidenced by several large insurers in North America choosing the Clearwater Analytics platform, along with a large multi-national insurer in the Asia-Pacific region, further demonstrating the Company's growing presence in Asia.
- The Company's Prism offering continues to gain traction, adding a large multi-family investment firm based in Silicon Valley to its client base. While dozens of our clients have added Prism to their operations, this is the first instance where Clearwater Analytics was not the incumbent or the investment accounting solution.
- A study commissioned by the Company with independent consultants at Hobson & Company confirmed the disruptive nature of our platform by enabling growth and improving efficiency, decreasing cost and increasing AUM with the Company's data in the hands of investment professionals.
Second Quarter and Full-Year 2022 Guidance
"We are very pleased with our continued strong financial performance in the first quarter of 2022. Once again, our quarterly results exceeded our guidance for revenue and Adjusted EBITDA, as the demand for our differentiated solution remains strong from both new and existing clients," said Jim Cox, Chief Financial Officer. "Based on our first quarter results, we are raising our full-year revenue guidance, which we now expect to be in the range of $303 million to $305 million."
Certain components of the guidance given above are provided on a non-GAAP basis only without providing a reconciliation to guidance provided on a GAAP basis. Information is presented in this manner, consistent with Securities and Exchange Commission (the "SEC") rules, because the preparation of such a reconciliation could not be accomplished without "unreasonable efforts." The Company does not have access to certain information that would be necessary to provide such a reconciliation, including non-recurring items that are not indicative of the Company's ongoing operations. The Company does not believe that this information is likely to be significant to an assessment of the Company's ongoing operations.
Conference Call Details
Clearwater Analytics will hold a conference call and webcast on May 4, 2022, at 5:00 p.m. Eastern time to discuss first quarter 2022 financial results, provide a general business update, and respond to analyst questions.
A live webcast of the call will also be available on the Company's investor relations website. Please visit investors.clearwateranalytics.com at least fifteen minutes prior to the start of the event to register, download and install any necessary audio software.
If you are unable to participate live, a replay of the webcast will be available following the conference call on the Company's investor relations website, along with the earnings press release, and related financial tables.
About Clearwater Analytics
As the industry-leading SaaS solution for investment accounting and reporting, Clearwater Analytics enables growth of assets under management (AUM) for more than 1,100 clients including pension plans, governments, global insurers, asset managers, and corporations. Each day, Clearwater Analytics automates data collection, reconciliation, compliance, risk, and performance reporting across $5.9T of AUM with its comprehensive cloud platform and best-in-class service team.
Use of non-GAAP Information
This press release contains certain non-GAAP measures, including non-GAAP gross profit, non-GAAP gross margin, adjusted EBITDA, adjusted EBITDA margin, non-GAAP net income, non-GAAP diluted earnings per share and free cash flow.
The non-GAAP measures are not based on any standardized methodology prescribed by GAAP and are not necessarily comparable to similar measures presented by other companies. However, the Company believes that this non-GAAP information is useful as an additional means for investors to evaluate its operating performance, when reviewed in conjunction with its GAAP financial statements. These measures should not be considered in isolation or as a substitute for measures prepared in accordance with GAAP, and because these amounts are not determined in accordance with GAAP, they should not be used exclusively in evaluating the Company's business and operations. In addition, undue reliance should not be placed upon non-GAAP or operating information because this information is neither standardized across companies nor subjected to the same control activities and audit procedures that produce the Company's GAAP financial results.
The Company's non-GAAP statement of operations measures, including non-GAAP gross profit, non-GAAP gross margin, adjusted EBITDA, adjusted EBITDA margin, non-GAAP net income, non-GAAP diluted earnings per share and free cash flow, are adjusted to exclude the impact of certain costs, expenses, gains and losses and other specified items that management believes are not indicative of its ongoing operations. These adjusted measures exclude the impact of share-based compensation and eliminate potential differences in results of operations between periods caused by factors such as financing and capital structures, taxation positions or regimes, restructuring, impairment and other charges. Please refer to the reconciliations of these measures below to what the Company believes are the most directly comparable measures evaluated in accordance with GAAP.
Use of Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management's beliefs and assumptions and on information currently available to management. Forward-looking statements include information concerning the Company's possible or assumed future results of operations, business strategies, technology developments, financing and investment plans, dividend policy, competitive position, industry, economic and regulatory environment, potential growth opportunities and the effects of competition. Forward-looking statements include statements that are not historical facts and can be identified by terms such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "plan," "potential," "predict," "project," "seek," "should," "will," "would" or similar expressions and the negatives of those terms, but are not the exclusive means of identifying such statements.
Forward-looking statements involve known and unknown risks, uncertainties, and other factors, many of which are beyond Clearwater Analytics' control, that may cause the Company's actual results, performance, or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These risks and uncertainties may cause actual results to differ materially from Clearwater Analytics' current expectations and include, but are not limited to, the Company's ability to keep pace with rapid technological change and competitors in its industry, the possibility that market volatility, a downturn in economic conditions or other factors may cause negative trends or fluctuations in the value of the assets on the Company's platform, the Company's ability to manage growth, the Company's ability to attract and retain skilled employees, the possibility that the Company's solutions fail to perform properly, disruptions and failures in the Company's and third parties' computer equipment, cloud-based services, electronic delivery systems, networks and telecommunications systems and infrastructure, the failure to protect the Company, its customers' and/or its vendors' confidential information and/or intellectual property, claims of infringement of others' intellectual property, factors related to the Company's ownership structure and status as a "controlled company" as well as other risks and uncertainties detailed in Clearwater Analytics' periodic public filings with the SEC, including but not limited to those discussed under "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2021 filed on March 16, 2022, and in other periodic reports filed by Clearwater Analytics with the SEC. These filings are available at www.sec.gov and on Clearwater Analytics' website.
Given these uncertainties, you should not place undue reliance on forward-looking statements. Also, forward-looking statements represent management's beliefs and assumptions only as of the date of this press release and should not be relied upon as representing Clearwater Analytics' expectations or beliefs as of any date subsequent to the time they are made. Clearwater Analytics does not undertake to and specifically declines any obligation to update any forward-looking statements that may be made from time to time by or on behalf of Clearwater Analytics.
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SOURCE Clearwater Analytics | https://www.mysuncoast.com/prnewswire/2022/05/04/clearwater-analytics-announces-first-quarter-2022-financial-results/ | 2022-05-04T22:03:01Z |
GAITHERSBURG, Md. and SUZHOU, China, July 26, 2022 /PRNewswire/ -- Sirnaomics Ltd. (the "Company" or "Sirnaomics", stock code: 2257.HK), a leading biopharmaceutical company in discovery and development of RNAi therapeutics, announced today that the Company has received regulatory clearance from the Taiwan Ministry of Health and Welfare (TMHW) of its Investigational New Drug (IND) application to commence a Phase I trial of STP705, siRNA (small interfering RNA) drug candidate, for the treatment of patients with advanced liver tumors.
The Phase I multicenter, open-Label, dose escalation study in Taiwan is part of a global study of STP705 designed to evaluate the safety, tolerability, pharmacokinetics, and anti-tumor activity. STP705 is administered intratumorally for cholangiocarcinoma, hepatocellular carcinoma, or liver metastases in subjects with advanced/metastatic or surgically unresectable solid tumors who are refractory to standard therapy. The study was started in the United States in March 2021, and the study in Taiwan is expected to begin enrolling in the coming months.
"The IND green light in Taiwan for STP705 represents a major milestone for the Company's expansion of its clinical studies into Asia," said Dr. Patrick Lu, founder, chairman of the Board, Executive Director, President and CEO of Sirnaomics. "We believe that the study results in Taiwan will strengthen the body of data in a multicenter global trial, which will also include a future study in the mainland China. Sirnaomics is currently in a strong position to lead the way in RNAi therapeutics for the development of novel oncology therapies."
"This IND approval will allow more opportunities to manage critical diseases such as liver cancer with high unmet clinical need in Taiwan and the region," stated Steven Long, Ph.D. Sirnaomics Chief Development Officer. "Taiwan's regulatory bodies and clinical testing hospitals are well known for meeting international standards. We expect to conduct more oncology clinical studies in Asia-Pacific regions in the coming years."
About STP705
STP705 is composed of two siRNA oligonucleotides, targeting TGF-β1 and COX-2 mRNA respectively, formulated in nanoparticles with a Histidine-Lysine Co-Polymer (HKP) peptide as the carrier. Each individual siRNA was demonstrated to inhibit the expression of the target mRNA, and combining the two siRNA's produces a synergistic effect that diminishes pro-inflammatory factors. Over-expressions of TGF-β1 and COX-2 have been well-characterized in playing key regulatory roles in tumorigenesis.
About Sirnaomics
Sirnaomics is an RNA therapeutics biopharmaceutical company with product candidates in preclinical and clinical stages that focuses on the discovery and development of innovative drugs for indications with medical needs and large market opportunities. Sirnaomics is the first clinical-stage RNA therapeutics company to have a strong presence in both China and the United States, and also the first company to achieve positive Phase IIa clinical outcomes in oncology for an RNAi therapeutics for its core product, STP705. Learn more at www.sirnaomics.com.
CONTACT:
Michael Molyneaux, MD, MBA
Executive Director and Chief Medical Officer, Sirnaomics
Email: MichaelMolyneaux@sirnaomics.com
Investor Relations:
Nigel Yip
Chief Financial Officer, China, Sirnaomics
Email: NigelYip@sirnaomics.com
US Media Contact:
Alexis Feinberg
Tel: +1 203 939 2225
Email: Alexis.Feinberg@westwicke.com
Asia Media Contact:
Bunny Lee
Tel: +852 3150 6707
Email: sirnaomics.hk@pordahavas.com
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SOURCE Sirnaomics Ltd. | https://www.kxii.com/prnewswire/2022/07/26/sirnaomics-receives-ind-clearance-taiwan-ministry-health-welfare-phase-i-clinical-study-rnai-therapeutic-stp705-liver-cancer-treatment/ | 2022-07-26T07:28:43Z |
NEW YORK, Aug. 24, 2022 /PRNewswire/ -- CafeMedia, the seventh-largest digital property in the U.S. and the leader in ad management, announced today it has acquired Slickstream, the industry's best-in-class engagement product for independent publishers, from Hivepoint. As part of the sale, CafeMedia will take ownership of all technology and products associated with Slickstream for Bloggers and support its existing customer base.
"We're on a mission to equip publishers with everything they need to earn the most revenue and create thriving businesses for the long term," said Evan Simeone, Chief Product Officer, CafeMedia. "Slickstream was the first-to-market engagement product available to independent publishers. It has continued to lead the market in offering premium products that engage readers and drive repeat traffic. We're excited to unlock these solutions for publishers and continue to build even more features on this platform."
"CafeMedia shares our passion for helping independent publishers succeed, which makes it the perfect home for Slickstream," adds Kingston Duffie, Founder, Slickstream, and Chief Executive Officer, Hivepoint. "I look forward to seeing them innovate and build on what we've created, and continue our mission of making world-class site engagement solutions available to everyone."
Slickstream's sophisticated audience engagement suite enables publishers to maximize visitor engagement, connect more deeply with their audiences, and encourage them to discover even more. Publishers who use Slickstream see significant increases in total clicks on their sites and hundreds of additional hours of on-site activity, driving higher revenue per session (RPS).
- intelligent site search that helps readers find what they want, faster
- data-driven content recommendations that encourage click-throughs
- a favoriting feature that lets readers save content and helps gather memberships (and collect email addresses to build more first-party data)
- a highlighting feature that works with email service providers (or any element on a site) to drive more subscriptions and other important actions
- and powerful reporting, offering significantly deeper insights into reader behavior than Google Analytics
Today, Slickstream will continue to be available to its current base of customers with full functionality for free. New signups for Slickstream have been paused as the CafeMedia/AdThrive team builds major enhancements into the platform that will enable it to deliver stronger revenue on every pageview, optimize signup conversion, and identity-driven revenue, and much more.
Later this year, Slickstream will begin rolling out to CafeMedia and AdThrive publishers free of charge before it rolls out to all other qualifying publishers outside of the network in 2023. Publishers can express their interest in gaining access to Slickstream's powerful solutions by visiting www.slickstream.com.
Slickstream's solution for businesses, Slickstream for Business, will remain under Hivepoint and be available to new and existing customers as Navu. Businesses interested in this solution can visit Navu.io.
CafeMedia's mission is to build a creator-first future. We empower the world's best creators and independent publishers to grow thriving businesses for the long term. Under our CafeMedia and AdThrive brands, we manage digital advertising sales, technology, and a growing number of services for more than 3,800 creators and independent publishers. We make it easy for them to focus on what they do best — produce great content.
Our passion and expertise have made us a leader in advertising and creator services. Today we rank as the seventh-largest digital property in the U.S. and #1 in Food, Home, and Lifestyle--with a reach of more than 183M monthly unique visitors in the U.S. alone.
For more information, visit www.cafemedia.com or follow us on LinkedIn or Twitter.
Hivepoint is a software company with a simple philosophy: that delivering great user experience is the key to success for every type of website. We make it easy for bloggers and businesses alike to achieve their goals with a range of offerings designed to maximize website engagement and help visitors find what they're looking for.
The Slickstream Engagement Suite provides world-class search and recommendation tools that are optimized for increasing pageviews, time on site, and other key engagement metrics. Navu is our B2B solution, which takes that same philosophy and applies it to what businesses care about most: increasing conversions.
To learn more, visit us at Hivepoint.com.
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SOURCE CafeMedia | https://www.kxii.com/prnewswire/2022/08/24/cafemedia-acquires-market-leading-audience-engagement-suite-slickstream-unlock-powerful-engagement-solutions-independent-publishers/ | 2022-08-24T20:09:35Z |
The data and imagery will enable the island nation and SPC to mitigate risk and improve disaster resilience.
VANUATU, May 23, 2022 /PRNewswire/ -- Woolpert has been contracted by the Pacific Community (SPC) to acquire, process and deliver topographic and bathymetric lidar data and aerial imagery for Vanuatu, a nation of multiple islands in the South Pacific. The project, funded by The World Bank, will help Vanuatu and SPC improve disaster resilience and response, conduct infrastructure planning, monitor the impact of climate change, and develop tools and systems to support coastal and hydrologic analysis throughout the islands.
SPC is a scientific and technical organization, owned and governed by 27 country and territory members in the Pacific, that supports a people-centered approach to sustainable development. Woolpert and its family of companies, most recently AAM and eTrac, have conducted multiple high-accuracy and high-resolution topo-bathy lidar data surveys internationally to support this same directive.
By integrating past and present data and imagery from multiple sources, Woolpert will develop digital elevation models and other derived products that will contribute to risk-informed decision-making to improve preparedness and mitigate risks to vulnerable communities and enhance resilient development planning throughout the Pacific.
Woolpert Geospatial Project Manager Constance Solemani noted that this project is part of the SPC-implemented and World Bank-funded Pacific Resilience Program, whose goal is to strengthen early warning and disaster preparedness and increase resilience of these island nations.
"Vanuatu is located in the 'Ring of Fire,' making it extremely vulnerable to volcanic eruptions, tropical cyclones, storm surges, flooding and coastal inundation," Solemani said. "The nation is doing everything it can to protect its people and infrastructure, using accurate, up-to-date data to make informed decisions. We are honored to support the nation's great work."
About Woolpert
Woolpert is the premier architecture, engineering, geospatial (AEG) and strategic consulting firm, with a vision to become one of the best companies in the world. We innovate within and across markets to effectively serve public, private and government clients worldwide. Woolpert is an ENR Top 150 Global Design Firm, has earned six straight Great Place to Work certifications and actively nurtures a culture of growth, inclusion, diversity and respect. Founded in 1911 in Dayton, Ohio, Woolpert has been America's fastest-growing AEG firm since 2015. The firm has 1,900 employees and more than 60 offices on four continents. For more, visit woolpert.com.
Media Contact: Jill Kelley; 937.531.1258; jill.kelley@woolpert.com
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SOURCE Woolpert | https://www.mysuncoast.com/prnewswire/2022/05/23/woolpert-selected-by-pacific-community-spc-topo-bathy-lidar-aerial-imagery-vanuatu/ | 2022-05-23T14:06:39Z |
C3 VC Fund, Mirana Ventures and Cadenza Join Fast-Growing Social Trading Platform's Existing Investors Alameda Ventures, BitMEX and Neowiz
SEOUL, South Korea, June 29, 2022 /PRNewswire/ -- League of Traders, the social trading platform that enables users to copy trade and participate in competitive trading leagues against peers, today announced it secured $2.4 million in pre-series A financing. The round was led by C3 VC Fund, a venture capital firm based in Frankfurt, Germany that invests in exceptional technology companies worldwide. Additional funding has been provided in this round by Mirana Ventures, the Venture Partner of Bybit, and Cadenza Capital Management.
The funding will enable the crypto social trading platform to expand its user offerings and improve current copy trading features. League of Traders encourages novices to participate in crypto trading by enabling users to copy the portfolio and trades of more advanced traders at the click of a button. The app further allows users a chance to prove their skills in competitive trading leagues with cash prizes for top finishers. In 2022, users' trading accounts connected to the League of Traders platform had volumes of over $4 billion per month with April alone topping $5.4 billion. League of Traders is leveraging this knowledge to better predict market trends, build automated copy trading strategies and provide traders with insightful analytics.
"League of Traders really impressed us with their approach to social trading in the crypto space," said Davis Bourland, Investment Manager at C3 VC Fund. "With trading competitions, leaderboards and copy trading, the League of Traders platform provides a truly unique experience for both top traders and newcomers alike. We see a larger trend toward the convergence of social, gamification, crypto trading, and marketplaces, and League of Traders is innovating directly at this intersection."
Founded in 2019, Korea-based League of Traders secured past investments with Alameda Ventures, BitMEX and Neowiz (an IPO game publisher in Korea).
"This investment will enable League of Traders to develop and launch exciting new features that empower both novice and experienced traders," said John Ting Li, CEO of League of Traders. "Our team is developing a radically new paradigm for social and copy trading that reimagines the relationship between traders."
"We have been impressed by the dedication and pace of development from the League of Traders team since their first funding round," said Kumar Dandapani, Managing Partner at Cadenza Capital Management. "The early growth of their platform is comparable to Robinhood and eToro, and we strongly believe in the potential for social and copy trading applications in global, 24/7 markets like crypto."
"As the Venture Partner of Bybit, we are excited for League of Traders to be deepening their collaborations with Bybit in the upcoming months," said David Toh, Partner at Mirana Ventures. "By co-hosting trading competitions, we hope League of Traders can create more opportunities for experienced traders to distinguish themselves and for retail traders to identify them so that trading can be easier and more fun for all."
For more information or to download the League of Traders app, visit their website.
C3 Management GmbH is an asset management company focused on managing venture funds which invest in exceptional blockchain technology companies worldwide. C3's mission is, among other things, to accelerate growth, development and especially adoption of EOSIO-based blockchains and the EOSIO software. Towards this mission, C3 manages the C3 VC Fund, which is partly funded by Block.one and offers developers and entrepreneurs the funding they need to create community-driven businesses leveraging EOSIO. C3 VC Fund focuses on early and growth stage technology companies. C3 VC Fund operates worldwide and is located in Frankfurt, Germany.
League of Traders is a social trading service that allows traders to visually track assets across exchanges, and make informed trading decisions. League of Traders transforms crypto trading into a gamified social experience with leaderboards, trader profiles, multi-exchange asset visualization, and community news and engagement. To learn more about League of Traders visit the website, Twitter or Telegram. Download the app here.
All trademarks and product names are the property of their respective companies.
League of Traders Media Contact
David Haefele
FortyThree, Inc.
leagueoftraders@43pr.com
831.401.3175
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SOURCE League of Traders | https://www.kxii.com/prnewswire/2022/06/29/league-traders-secures-pre-series-funding-c3-vc-fund-mirana-ventures-cadenza/ | 2022-06-29T16:55:06Z |
PITTSBURGH, Sept. 5, 2022 /PRNewswire/ -- "I'm a structural engineer and following Hurricane Harvey, I was hired by different builders and construction companies to evaluate damaged houses and buildings. I thought there should be a sturdy, safe and reliable wall panel design," said an inventor, from Dallas, Texas, "so I invented the CABLE- BLOCK. My green and durable design would withstand tremendous forces and could help save lives."
The patent-pending invention provides an improved wall panel design for new construction homes. In doing so, it offers an alternative to using costly wood or concrete framing. It also protects against hurricanes, termites, fires, tornadoes and earthquakes and it would serve as the first post tension wall panel in the housing industry. Additionally, the invention features an innovative, durable and environmentally-friendly design that is easy to install so it is ideal for the construction industry and new home builders.
The original design was submitted to the Dallas sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-DAL-178, 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/2022/09/05/inventhelp-inventor-develops-improved-wall-panel-design-dal-178/ | 2022-09-05T18:30:13Z |
TOKYO (AP) — Japanese Prime Minister Fumio Kishida on Wednesday instructed his government to consider developing safer, smaller nuclear reactors, signaling a renewed emphasis on nuclear energy years after many of the country’s plants were shut down.
Kishida made the comment at a “green transformation” conference on bolstering the country’s efforts to curb emissions of greenhouse gases. Japan has pledged to reach carbon neutrality by 2050.
Anti-nuclear sentiment and safety concerns rose sharply in Japan after the 2011 Fukushima nuclear plant disaster, but the government has been pushing for a return to nuclear energy amid worries of power shortages following Russia’s invasion of Ukraine and a global push to reduce greenhouse gas emissions.
The government, however, previously insisted it was not considering building new plants or replacing aged reactors, apparently to avoid stoking criticisms from a wary public. Kishida’s comment on Wednesday represents a sharp change from that stance.
Kishida said the panel presented proposals for the development and construction of “new innovative reactors designed with new safety mechanisms.” He called on his government to speed up its examination of “every possible measure” and reach a decision by the end of the year.
“In order to overcome our imminent crisis of a power supply crunch, we must take our utmost steps to mobilize all possible policies in the coming years and prepare for any emergency,” Kishida said.
“It is extremely important to secure all options to redesign a stable energy supply for our country,” Economy and Industry Minister Yasutoshi Nishimura told reporters. “From that perspective, we will also consider all options regarding nuclear power.”
Most of Japan’s nuclear power plants were taken off line following the Fukushima accident for safety checks under tightened standards.
A magnitude 9.0 earthquake and tsunami destroyed key cooling functions at the Fukushima Daiichi nuclear plant in March 2011, causing its three reactors to melt and contaminating the region with massive radiation fallouts that still keep some areas uninhabitable.
Japanese utilities have since set more than 20 reactors for decommissioning largely because of the high cost of safety measures. Of the 33 workable reactors, 25 have been screened for safety checks by the Nuclear Safety Authority. Seventeen have been approved so far, but only 10 have restarted after gaining consent from local communities, including three currently off line for regular safety inspections.
The government has already announced plans to speed up restarts and have up to nine reactors restarted by winter to cope with the energy crunch. It aims to restart seven other reactors by next summer and further prolong the operational life of aging reactors to beyond 60 years from the initial 40 years. | https://cw33.com/news/science-technology/ap-science/japan-considering-development-of-new-nuclear-reactors/ | 2022-08-24T12:00:41Z |
WASHINGTON (AP) — Navy leaders have disciplined more than 20 senior officers and sailors in connection with widespread leadership and other failures that contributed to the July 2020 arson fire that destroyed the USS Bonhomme Richard.
The most significant actions were taken against members of the ship’s leadership team, including letters of reprimand and pay cuts for the former commander and executive officer. And Navy Secretary Carlos Del Toro issued a letter of censure to retired Vice Adm. Richard Brown, who was the commander of U.S. Pacific Fleet at the time of the fire.
The ship was undergoing a two-year, $250 million upgrade pierside in San Diego when the fire broke out. About 115 sailors were on board, and nearly 60 were treated for heat exhaustion, smoke inhalation and minor injuries. The failure to extinguish or contain the fire led to temperatures exceeding 1,200 degrees Fahrenheit in some areas, melting sections of the ship into molten metal that flowed into other parts of the ship.
A Navy report last year concluded that the massive five-day blaze was preventable and unacceptable, and that there were lapses in training, coordination, communications, fire preparedness, equipmentment maintenance and overall command and control. And, while one sailor — Seaman Apprentice Ryan Mays — has been charged with setting the fire, the report found that failings by about three dozen officers and sailors either directly led to the ship’s loss or contributed to it.
“When leaders’ actions or inactions result in the loss of life or capital resources, the senior leadership of the Department of the Navy has a responsibility to determine the root cause and hold those accountable,” Del Toro said in a message sent to the Department of the Navy on June 2. “This fire could have been prevented with adequate oversight into the ship’s material condition and the crew’s readiness to combat a fire.”
The Navy on Friday laid out the disciplinary actions taken by Adm. Samuel Paparo, current commander of Pacific Fleet. In most cases, Paparo issued letters in the sailors’ personnel files that ranged in severity. In many cases a disciplinary letter can be career-ending.
According to the Navy, Paparo gave punitive letters of reprimand and pay forfeitures to Capt. Gregory Scott Thoroman, the ship’s former commanding officer, and to Capt. Michael Ray, the former executive officer. Former Command Master Chief Jose Hernandez was given a punitive letter of reprimand.
Others who received letters in their files were Rear Adm. Scott Brown, who was director of fleet maintenance, and Rear Adm. Eric Ver Hage, commander of the Navy Regional Maintenance Center.
Mays is facing a court martial, and was charged with aggravated arson and the willful hazarding of a vessel. He has denied setting the fire. Mays set the fire because he was disgruntled after dropping out of Navy SEAL training, prosecutors said. His defense lawyers said there was no physical evidence connecting him to the blaze.
The Navy report on the fire issued last year spread blame across a wide range of ranks and responsibilities, from Brown to senior commanders, lower ranking sailors and civilian program managers. It cited 17 for failures that “directly” led to the loss of the ship, while 17 others “contributed” to the loss of the ship. Two other sailors were faulted for not effectively helping the fire response. Of the 36, nine were civilians.
The report directly faulted the ship’s three top officers — Thoroman, Ray and Hernandez — for not effectively ensuring the readiness and condition of the ship. And it said that the failures of Vice Adm. Brown; Rear Adm. Scott Brown and Ver Hage all “contributed to the loss of the ship.”
The fire marked one of the worst noncombat warship disasters in recent memory and the vessel had to be scrapped. It would cost an estimated $4 billion to replace.
The report described a ship in disarray, with combustible materials scattered and stored improperly. It said maintenance reports were falsified, and that 87% of the fire stations on board had equipment problems or had not been inspected.
It also found that crew members didn’t ring the bells to alert sailors of a fire until 10 minutes after it was discovered. Those crucial minutes, the report said, caused delays in crews donning fire gear, assembling hose teams and responding to the fire.
Sailors also failed to push the button and activate the firefighting foam system, even though it was accessible and could have slowed the fire’s progress. “No member of the crew interviewed considered this action or had specific knowledge as to the location of the button or its function,” the report said.
More broadly, the crew was slammed for “a pattern of failed drills, minimal crew participation, an absence of basic knowledge on firefighting” and an inability to coordinate with civilian firefighters. | https://cw33.com/news/politics/ap-politics/navy-disciplines-officers-in-massive-ship-fire/ | 2022-07-16T09:05:13Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for NIO, GNCA, PHIO, IQ, and ATER.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- NIO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NIO&prnumber=041120225
- GNCA: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=GNCA&prnumber=041120225
- PHIO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=PHIO&prnumber=041120225
- IQ: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=IQ&prnumber=041120225
- ATER: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ATER&prnumber=041120225
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/04/11/thinking-about-buying-stock-nio-genocea-biosciences-phio-pharmaceuticals-iqiyi-or-aterian/ | 2022-04-11T17:14:10Z |
The integration of Amazon Translate within Pairaphrase's translation management software enables organizations to achieve human-quality language translation using neural networks & deep learning.
BIRMINGHAM, Mich., Aug. 18, 2022 /PRNewswire/ -- Enterprise language translation software company Pairaphrase has integrated Amazon Web Services' machine translation engine into its premium translation software solution. Its users now have the option to translate with Amazon Translate to create custom translations, helping users get closer than ever to achieving human-quality translations.
Amazon Translate produces custom translations on demand by leveraging its own artificial neural networks and deep learning system, along with a user's glossaries and translation memories.
"At Pairaphrase, we're thrilled to make the power of Amazon Translate's engine accessible to our TMS users. Users should expect to invest a little more time upfront building their glossaries and translation memories when using the AWS engine. However, this will yield a larger return over time by reducing translation-related costs and almost eliminating post-editing" says Pairaphrase CTO, Rick Woyde.
The company has confirmed that when using AWS Translate in Pairaphrase, the Pairaphrase user interface does not change. Pairaphrase now also supports CSV glossary files, making it easier for users to import the glossaries necessary for getting the most out of the AWS translation engine.
Pairaphrase puts advanced translation technologies into the hands of everyday business users to reduce the time and costs associated with the production of secure, high-quality translations. For more information about Pairaphrase, please contact Rick Woyde at rickw@pairaphrase.com or visit https://www.pairaphrase.com.
FOR MORE INFORMATION:
Rick Woyde
CTO
Pairaphrase LLC
rickw@pairaphrase.com
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SOURCE Pairaphrase | https://www.mysuncoast.com/prnewswire/2022/08/18/pairaphrase-integrates-amazon-translates-engine-into-its-tms-software/ | 2022-08-18T15:46:29Z |
State agricultural departments across the United States are asking you to commit murder -- bug murder, that is.
Your victim: the spotted lanternfly, or Lycorma delicatula, a beautiful creature with large brownish gray wings with black spots that open to reveal striking red underwings.
Your mission, should you choose to accept it: "Kill it! Squash it, smash it ... just get rid of it," pleads the Pennsylvania Department of Agriculture on a website alert.
Native to China, the invasive bug was first detected stateside in Berks County, Pennsylvania, in 2014. With no natural predators in the US, lanternflies have since spread to numerous counties and adjacent states, including Delaware, Maryland, Massachusetts, New Jersey and Virginia.
Why the call for mass bugicide? After all, the striking insects aren't venomous, and don't even bite humans or pets.
What spotted lanternflies do instead is suck the life out of many species of trees and plants, including those that people rely on for food and livelihood, such as grapes, apples and hops. The situation has been so severe in Pennsylvania that the state could lose about 2,800 jobs and $324 million annually if the invasive pest is not contained soon, economists from Penn State's College of Agricultural Sciences have predicted.
The hunt to track and kill each and every lanternfly fugitive is so intense Pennsylvania officials set up a hotline to report sightings: 1-888-4BADFLY.
"The bugs are hitchhikers," said entomologist Gene Kritsky, dean of the school of behavioral and natural sciences at Mount St. Joseph University in Cincinnati. "If you should visit an area where the spotted lanternfly has been found, you should inspect your vehicle and clothing to make sure you have not given one a ride. This can help slow down their spread."
Other states are buzzing with worry as the pesky predator invades their counties. Connecticut, Indiana, New York, North Carolina, Ohio, Virginia and West Virginia have all reported sightings, but "most states are considered at risk," according to the USDA Animal and Plant Health Inspection Service.
The voracious bug will likely even reach California's wine country by 2033 if current methods fail to stop the spread, scientists have predicted.
In parts of the East Coast, the infestation is so bad that Democratic Sen. Chuck Schumer of New York has called for the USDA to spend over $200 million to bolster the state's efforts to fight the spotted lanternfly. Schumer also said he would ask Congress for an additional $22 million in 2023 to help states to prevent and fight invasive species.
States are taking this bug invasion seriously: North Carolina held a "squishathon" in September 2021, as did New York City's borough of Staten Island, to warn residents of the dangers and educate them on the best ways to kill the pests.
Stomping and squishing is a proven method, experts say -- but be quick! Lanternflies are lightning fast on their wings. You can also put sticky tape on tree trunks, rocks and fence posts where the bugs like to lay eggs (but be careful not to trap other small creatures). Once the tape is full and the bugs are dead, discard it.
You can also help by killing the bug's egg masses, "which look like someone smeared mud on tree trunks, trucks, campers, tents, and other surfaces," Kritsky said.
"If found, the egg masses should be scraped off the surface and sealed into zippered storage bag along with a good dose of hand sanitizer. The sealed bag should be carefully disposed of in a way that will not tear open the bag," Kritsky advised.
Want to keep up with your spotted lanternfly kills, like notches on a gunslinger's belt or Dexter Morgan's blood-smeared slides? You can track your serial bug murders on an app called Squishr.
"KILL THESE BUGS! They jump and fly and are hearty like a roach," tweeted one successful mass murderer. "Been using flat spatula-like sticks to smash them."
Sometimes killing the pests can seem like mission impossible: Twitter users are bug-bombing the social media platform with accounts of spotted lanternflies crawling on a building near Broadway in New York City, swarming a tree in Woodbridge, New Jersey, and hitching a ride on commuters.
"A few of them attached themselves to my husband at a rest stop in NJ last weekend & tried to hitch a ride to VA. Another driver & I managed to get them off before he got in the car. So I am personally taking credit for saving my commonwealth from those pests," tweeted a proud citizen.
Be sure to report the bugs you spot to your state agency: The USDA has reporting information by state here. But before you kill it, "photograph it with your smartphone," Kritsky said. "Make sure your GPS or location services are turned on as that will provide the coordinates of where you took the photo."
Prevention efforts are critically needed, experts say. These bugs like to lay eggs on tires, grilles and bumpers on cars, so don't park under trees or near bushes in an area with a known infestation. Always check your vehicle for stowaways, and do the same for recreational vehicles, as well as building materials, firewood, propane tanks and outdoor machinery.
And don't forget to check outside play sets and toys, garden tools and outdoor furniture before bringing them inside for the season.
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NASHVILLE, Tenn., July 15, 2022 /PRNewswire/ -- The Tennessee Association for Home Care (TAHC) is offering free At-Home COVID-19 and Flu Vaccines to homebound Tennesseans. The program is designed to help Tennessee residents who want to get their COVID-19 or Flu vaccine but may have difficulty getting to an appointment due to age, health, income, or disability. Tennesseans who meet these conditions can reach out to their county's provider and request an appointment. Once the appointment is made, the process is simple: a qualified nurse travels to the residence for free and with no travel required for the resident. The flu vaccine should be available around Fall 2023, so once flu season begins both vaccines can be administered on the same day at home. To find the provider for your area and schedule an appointment, visit www.tnhomecare.org/armup.
The Tennessee Association for Home Care is a non-profit organization serving home health agencies, hospice organizations, and home care agencies in Tennessee. Through representation, advocacy, and education, TAHC works to improve access to home care services across the state. Learn more about the Tennessee Association of Home Care at tnhomecare.org. For questions, please contact Maegan Carr Martin, JD at maegan@tnhomecare.org.
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SOURCE Tennessee Association for Home Care | https://www.wibw.com/prnewswire/2022/07/15/tennessee-association-home-care-vaccinating-homebound-residents/ | 2022-07-15T13:36:00Z |
Asurion® Repair Experts Provide Fast Fixes on Phones, Tablets, Laptops, and More
WESLEY CHAPEL, Fla., June 30, 2022 /PRNewswire/ -- A new electronics repair shop, Asurion Tech Repair & Solutions™, has opened in Wesley Chapel at 6431 E. County Line Road. The store offers professional fixes for most consumer electronics, from smartphones, tablets, and computers to game consoles, smart speakers, drones, and more.
While common repairs include cracked screens, battery issues, and water damage, the company's repair experts have fixed millions of devices and can help with most any tech mishap, and many basic repairs can be completed in 45 minutes or less.
The store is locally owned by Anton Hoang who also owns a location in Brooksville.
"Tech repair services can be frustrating and extremely inconvenient for customers, so we're aiming to make a difference in the industry with fast fixes at Asurion Tech Repair & Solutions," said Hoang. "We look forward to offering efficient and trustworthy service to this community and hope to become their go-to when electronics break."
The store's expert repair technicians fix all kinds of technology, regardless of make or model, and the store is an authorized repair provider for Samsung Galaxy and Google Pixel smartphones. Customers can book a repair appointment online or stop by the store for walk-in service. The store offers free, no-obligation diagnostics on all gadgets, as well as a 1-year limited warranty on all repairs. It even offers a price match guarantee on any local competitor's regularly published price for the same repair.
The new Asurion Tech Repair & Solutions store brings the company's retail footprint to more than 800 locations across the U.S. Formerly known as uBreakiFix®, all U.S. locations will rebrand as Asurion Tech Repair & Solutions throughout 2022.
"We are excited to serve people in Wesley Chapel with fast and affordable tech repair," said Dave Barbuto, CEO of Asurion Tech Repair & Solutions. "We all rely on our phones and laptops more than ever before, and our mission is bigger than repairing shattered screens and broken charge ports. We fix tech because people depend on it to stay connected to things that are important to them. I look forward to serving this community through our new location."
The new store is located at:
Asurion Tech Repair & Solutions
6431 E County Line Rd #107, Tampa, FL 33647
(813) 501-4721
Asurion Tech Repair & Solutions™, formerly known as uBreakiFix®, is the retail brand operated and franchised by a subsidiary of tech care company Asurion®. As the world's leading tech care company, Asurion eliminates the fears and frustrations associated with technology to ensure its 300 million customers get the most out of their devices, appliances, and connections. Asurion Tech Repair & Solutions stores specialize in the repair of consumer technology, including smartphones, game consoles, tablets, computers, and nearly everything in between. Asurion Tech Repair and Solutions repair experts fix cracked screens, software issues, camera issues, and most other tech mishaps at more than 700 stores across the U.S. The stores provide fast, affordable fixes for nearly any device type, regardless of make or model, including authorized repairs for Google Pixel and Samsung Galaxy smartphones.
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SOURCE Asurion Tech Repair & Solutions | https://www.mysuncoast.com/prnewswire/2022/06/30/asurion-tech-repair-amp-solutions-opens-wesley-chapel/ | 2022-06-30T20:32:58Z |
WASHINGTON (AP) — President Joe Biden is nominating an Obama-era U.S. attorney to run the Bureau of Alcohol, Tobacco, Firearms and Explosives, as his administration unveils its formal rule to rein in ghost guns, privately made firearms without serial numbers that are increasingly cropping up at crime scenes, six people familiar with the matter told The Associated Press.
Biden is expected to make the announcement nominating Steve Dettlebach, who served as a U.S. attorney in Ohio from 2009 to 2016, at the White House on Monday, the people said. They were not authorized to discuss the nomination publicly and spoke to the AP on condition of anonymity.
The administration will also release the finalized version of its ghost gun rule, which comes as the White House and the Justice Department have been under growing pressure to crack down on gun deaths and violent crime in the U.S.
Dettlebach’s confirmation is likely to be an uphill battle for the Biden administration. Biden had to withdraw the nomination of his first ATF nominee, gun-control advocate David Chipman, after the nomination stalled for months because of opposition from Republicans and some Democrats in the Senate.
Both Republican and Democratic administrations have failed to get nominees for the ATF position through the politically fraught process since the director’s position was made confirmable in 2006. Since then, only one nominee, former U.S. Attorney B. Todd Jones, has been confirmed. Jones made it through the Senate in 2013 but only after a six-month struggle. Jones was acting director when President Barack Obama nominated him in January 2013.
The Biden administration’s plan was first reported by Politico.
For nearly a year, the ghost gun rule has been making its way through the federal regulation process. Gun safety groups and Democrats in Congress have been pushing for the Justice Department to finish the rule for months. It will probably be met with heavy resistance from gun groups and draw litigation in the coming weeks.
On Sunday, the Senate’s top Democrat, Sen. Chuck Schumer of New York, implored the administration to move faster.
“It’s high time for a ghost gun exorcism before the proliferation peaks, and before more people get hurt — or worse,” Schumer said in a statement. “My message is a simple one: No more waiting on these proposed federal rules.” Ghost guns are “too easy to build, too hard to trace and too dangerous to ignore.”
Justice Department statistics show that nearly 24,000 ghost guns were recovered by law enforcement at crime scenes and reported to the government from 2016 to 2020. It is hard to say how many are circulating on the streets, in part because in many cases police departments don’t contact the government about the guns because they can’t be traced.
The rule is expected to change the current definition of a firearm under federal law to include unfinished parts, like the frame of a handgun or the receiver of a long gun.
In its proposed rule released last May, the ATF said it was also seeking to require manufacturers and dealers who sell ghost gun parts to be licensed by the federal government and require federally licensed firearms dealers to add a serial number to any unserialized guns they plan to sell.
The rule would also require firearms dealers to run background checks before they sell ghost gun kits that contain parts needed to assemble a firearm.
For years, federal officials have been sounding the alarm about an increasing black market for homemade, military-style semi-automatic rifles and handguns. As well as turning up more frequently at crime scenes, ghost guns have been increasingly encountered when federal agents buy guns in undercover operations from gang members and other criminals.
Some states, like California, have enacted laws in recent years to require serial numbers to be stamped on ghost guns.
The critical component in building an untraceable gun is what is known as the lower receiver, a part typically made of metal or polymer. An unfinished receiver — sometimes referred to as an “80-percent receiver” — can be legally bought online with no serial numbers or other markings on it, no license required.
Police across the country have been reporting spikes in ghost guns being recovered by officers. The New York Police Department, for example, said officers found 131 unserialized firearms since January.
A gunman who killed his wife and four others in Northern California in 2017 had been prohibited from owning firearms, but he built his own to skirt the court order before his rampage. And in 2019, a teenager used a homemade handgun to fatally shoot two classmates and wound three others at a school in suburban Los Angeles. | https://cw33.com/news/politics/ap-politics/biden-expected-to-release-rule-on-ghost-guns-in-days/ | 2022-04-11T06:47:46Z |
WASHINGTON, June 16, 2022 /PRNewswire/ -- Effective immediately, the Natural Fibers Alliance (NFA) is calling for an immediate suspension of the use of the HIGG Index considering the recent New York Times article "How Fashion Giants Recast Plastic as Good for the Plant." Developed in 2012, the HIGG Index was created to help brands, retailers and manufacturers assess the sustainability of materials for use in footwear, garments, and other consumer products. Since that time many within the natural fibers community (leather, wool, fur, silk etc.) and fashion activists have voiced concerns over the index's questionable support of harmful synthetic materials made from fossil fuels that run counter to long term environmental sustainability goals.
"It's simple, natural biodegradable fibers to include leather, wool, fur, silk, etc. are more sustainable and better for our planet than plastic clothing. The culture of fast fashion is as much consumer driven as it is a direct result of corporate greenwashing. The only way to lower environmental costs and impact is to buy clothing that lasts, repurpose older pieces and support a culture of slow fashion based on high quality long-lasting materials," says Mike Brown, head of sustainability and public affairs for the Natural Fibers Alliance.
According to the Changing Markets Foundation (CMF), 'Fossil Fashion: The Hidden Reliance on Fossil Fuels', the use of such synthetic materials derived from crude oil and gas has doubled in clothing, creating both a reliance on the material and a boom in the cheap, fast fashion industry. This boom has had a direct environmental impact that will lead to an eventual ecological disaster. The CMF estimates the use of synthetic fibers will increase from 69% to 73% market share within the next 10 years.
The NFA feels that legislation and effective regulation are the only clear path forward. Sustainable natural fiber derived products should be the norm, not the exception and the only way to achieve that is to level the playing field, placing responsibility on companies through their compliance with regulation, allowing customers to make informed choices rather than having that decision manipulated by data or overreaching animal rights activists.
The Natural Fibers Alliance is a coalition of producers and associations in both the US and Canada that support the use of natural sustainable materials in clothing, accessories, and other goods.
Contact: communications@naturalfibersalliance.com
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SOURCE Natural Fibers Alliance | https://www.mysuncoast.com/prnewswire/2022/06/16/natural-fibers-alliance-calls-promotion-natural-fibers-suspension-higg-index/ | 2022-06-16T20:17:23Z |
With the Current Season Just Over Two-Thirds Complete, Viewers Have Already Watched Over 8 Billion Minutes of BIG BROTHER This Summer Across CBS, Paramount+ and the CBS App/CBS.com
Series Leads Every Streaming Series in Minutes Watched
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- With the current season just over two-thirds complete, viewers have already watched nearly 8.3 billion minutes of BIG BROTHER so far this summer on the CBS Television Network, Paramount+ and CBS.com/the CBS app, according to Nielsen linear viewing and Paramount internal data for the first nine weeks of the series' 24th season, which began July 6. This figure includes both full episodes on broadcast and streaming, as well as the live feeds from the BIG BROTHER house, which are available exclusively on Paramount+.
To put this massive time spent number in broader perspective, BIG BROTHER content leads EVERY series on streaming services in engagement, including the latest season of Netflix's hit "Stranger Things." (8.05 billion minutes watched, according to Nielsen Streaming Data from 7/6/22-8/28/22.)
"BIG BROTHER is the original cross-platform reality series and 24 seasons later it's still generating large audiences and engagement numbers across our CBS and Paramount platforms," said Kelly Kahl, president of CBS Entertainment. "This data speaks loudly to the passion for the franchise, and how the power of broadcast television with strong streaming partners can aggregate an audience."
Editor's Note: BIG BROTHER season 24 premiered Wednesday, July 6 on CBS, and is also available to stream live and on demand on Paramount+.
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SOURCE CBS; Paramount Global | https://www.mysuncoast.com/prnewswire/2022/09/07/big-brother-huge-cross-platform-engagement/ | 2022-09-07T16:27:48Z |
Choo-choo: Hornets’ play-in arrival blocked by freight train
ATLANTA (AP) — The Charlotte Hornets were delayed getting to the arena for their NBA play-in game against the Atlanta Hawks. By a freight train, of all things. Tracks run all around State Farm Arena, a remnant of a time when the area was the site of the city’s two major passenger stations. Those tracks are still frequented by freight trains running near the heart of downtown Atlanta. A train stopped on a crossing before the game, blocking the Hornets’ chartered buses from reaching the players’ entrance at the bottom of the arena. The buses were forced to find an alternate route. | https://localnews8.com/sports/ap-national-sports/2022/04/13/choo-choo-hornets-play-in-arrival-blocked-by-freight-train/ | 2022-04-14T00:40:57Z |
NEW YORK and HOUSTON, Aug. 30, 2022 /PRNewswire/ -- DarkPulse, Inc. (OTC Markets: DPLS) ("DarkPulse" and the "Company"), a technology company focused on the manufacture, sale, installation, and monitoring of laser sensing systems based on its patented BOTDA dark-pulse sensor technology (the "DarkPulse Technology") which provides a data stream of critical metrics for assessing the health and security of infrastructure, today announced it has entered into agreements to increase its equity ownership to 100% in both Remote Intelligence, Limited Liability Company and Wildlife Specialists, LLC, which, when closed, will make both firms wholly owned subsidiaries of the Company. Together, both companies offer fully integrated, drone-based, geo-rectified, 3D modeled mapping for industrial applications specializing in the energy and environmental survey service. Initially specializing in the Oil & Gas industry, the companies will expand offerings into the home drone delivery markets.
Remote Intelligence provides premier unmanned aerial services as part of their holistic intelligence consultation and solutions. Remote's focus is aerial drone systems offering rapid comprehensive site mapping and aerial inspection services. They specialize in fully integrated, geo-rectified, 3D-modeled mapping for industrial applications in the energy and environmental industries. Remote also provides aerial survey, video inspection services, emergency support services, wildlife and habitat surveys, and comprehensive system design, training, and sales for both the commercial and private sectors. Integrating the latest tech solutions including artificial intelligence, Remote Intelligence is globally connected with a base of operations in Pennsylvania.
"We are excited to work more closely with both Remote and Wildlife as wholly owned subsidiaries of DarkPulse as the Company begins the launch of DarkPulse Aero Services through a new website "DarkPulse.Aero"," said DarkPulse CEO, Dennis O'Leary. Mr. O'Leary continued, "We are looking for additional acquisition opportunities in the Aerospace sector as we continue to build a presence within the drone market with expansion to include home drone delivery services. The Company is also developing a ruggedized version of its patented BOTDA sensor systems to be utilized in both Aerospace and Aviation applications."
Remote Intelligence provides premier provider unmanned aerial services as part of their holistic intelligence consultation and solutions focused on aerial drone systems offering rapid comprehensive site mapping and aerial inspection services. They specialize in fully integrated, geo-rectified, 3D-modeled mapping for industrial applications in the energy and environmental industries. Also providing aerial survey, video inspection services, emergency support services, wildlife and habitat surveys, and comprehensive system design, training, and sales for both the commercial and private sectors. Integrating the latest tech solutions including artificial intelligence and emissions detection. Remote Intelligence is globally connected with their base of operations in Pennsylvania.
For more information, visit https://remote-intelligence.com
Wildlife Specialists, LLC was founded in 2007 to provide clients with comprehensive wildlife assessment, planning, and monitoring services. We currently maintain two regional offices located in north central and southeastern Pennsylvania and are available to provide services to clients throughout the Northeast, Midwest, and Mid-Atlantic states. Our staff are well-established professionals who have a wide range of experience in wildlife management, research, and monitoring at the local and statewide levels throughout the eastern United States. In addition, we have specific expertise in providing the full range of sensitive species and habitat assessments necessary for your development projects.
For More Information, visit Http://www.Wildlife-Specialists.com
DarkPulse, Inc. uses advanced laser-based monitoring systems to provide rapid and accurate monitoring of temperatures, strains and stresses. The Company's technology excels when applied to live, dynamic critical infrastructure and structural monitoring, including pipeline monitoring, perimeter and structural surveillance, aircraft structural components and mining safety. The Company's fiber-based monitoring systems can assist markets that are not currently served, and its unique technology covers extended areas and any event that is translated into the detection of a change in strain or temperature. In addition to the Company's ongoing efforts with respect to the marketing and sales of its technology products and services to its customers, the Company also continues to explore potential strategic alliances through joint venture and licensing opportunities to further expand its global market position.
For more information, visit www.DarkPulse.com
This news release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as "believe," "expect," "may," "should," "could," "seek," "intend," "plan," "goal," "estimate," "anticipate" or other comparable terms. All statements other than statements of historical facts included in this news release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our prior filings with the Securities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Media contact:
DarkPulse, Inc.
media@DarkPulse.com
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SOURCE DarkPulse, Inc. | https://www.wibw.com/prnewswire/2022/08/30/darkpulse-inc-enters-into-agreements-increase-equity-stake-100-drone-based-ai-companies-remote-intelligence-wildlife-specialists/ | 2022-08-30T20:26:55Z |
The event featured performances by John Legend, Charlie Puth, and John Mulaney, and a live auction for a trip to space with Blue Origin
Robin Hood, Alexis Ohanian, & Mayor Eric Adams Announce Joint $100 Million Initiative for Child Care
NEW YORK, May 10, 2022 /PRNewswire/ -- Last night, Robin Hood's annual benefit raised $126 million, including a $50 million commitment from New York City toward a $100 million joint child care initiative. The event brought together the biggest names in entertainment, business, and philanthropy, and featured live performances from Charlie Puth, John Legend, and John Mulaney.
New York City Mayor Eric Adams, Deputy Mayor of Strategic Initiatives Sheena Wright, and Robin Hood CEO Richard R. Buery, Jr. announced the formation of a Child Care Quality & Innovation Initiative to expand access to high-quality, affordable child care programs across the five boroughs. Alexis Ohanian, the founder of Seven Seven Six and co-founder and former executive chairman of Reddit, joined the stage to announce a $25 million gift from his 776 Foundation towards Robin Hood's $50 million commitment. A $10 million commitment by Bezos Family Foundation was also announced.
"Last night was a testament to the generosity of the Robin Hood community who came together once again to raise a remarkable sum of $126 million – including a $50 million commitment from New York City," said Robin Hood's Chief Executive Officer, Richard R. Buery, Jr. "Robin Hood envisions a New York City where your starting point in life does not define where you end up in life, and we are so grateful to our donors and the amazing talent who joined us last night for helping us to continue that mission on behalf of the 1.4 million New Yorkers living in poverty."
Additionally, Blue Origin donated a once-in-a-lifetime experience for one lucky auction winner to travel to space on Blue Origin's New Shepard rocket. This "buy one give one" item enables a New York City public school teacher to also travel to space. The live auction raised $8 million for Robin Hood, thanks to a winning bid from Citadel Founder and CEO Ken Griffin. At Ken's request, Robin Hood will provide both seats to New York City public school teachers, in recognition of their commitment to advancing public education.
Highlights of the evening included:
- Thanks to a generous donation from Bombas, guests entered through an archway designed to look like the New York City skyline, constructed out of 5,200 pairs of Bombas socks, which will be distributed to New Yorkers experiencing homelessness via shelters citywide.
- Notable New Yorkers, including Tracy Morgan, Stephanie Ruhle, and New York Governor Kathy Hochul participated in the event through on-stage remarks, video messages, and voiceovers.
- Co-chairs included Lisa and Mark Bezos of HighPost Capital; Meredith Kopit Levien of The New York Times Company; Kathryn Minshew of The Muse; and Karen and Chuck Phillips of Recognize.
- Robin Hood partnered with A Greener Festival to track and reduce the event's environmental impact and will continue to work to integrate sustainable practices.
- Robin Hood's community partners Generation USA, Coney Island Prep, CUNY BMCC's Early Childhood Center, and All Our Kin were on full display in films and on-stage remarks throughout the evening.
- Charlie Puth delivered an exciting performance of his hit singles "Light Switch" and "Attention," followed by an emotional rendition of "See You Again" where he was joined by the student chorus at Staten Island's PS22.
- Alexis Ohanian spoke passionately about his experience growing up as a first generation Armenian-American born in Brooklyn, and his desire to leave a lasting legacy of giving back.
- Robin Hood Founder Paul Tudor Jones took the stage in a space suit to encourage attendees to give what they could, while building anticipation for the live auction.
- Mark Bezos spoke about his history with Robin Hood and his own life altering experience of traveling to space, as he introduced the auction item on behalf of Blue Origin.
- Auctioneer Lydia Fenet conducted a spirited live auction for the space trip, with the winning bid coming in at $8 million.
- A mock-up of Blue Origin's New Shepard crew capsule became a piece of notable decor.
- John Legend ended the evening on a high with a live concert featuring hits like "Ordinary People," "Save Room," and "All of Me."
- The Empire State Building lit up in Robin Hood Green in celebration of the organization's impact.
The 2022 Benefit builds on the success of last year's star-studded event, which featured Paul McCartney, Bruce Springsteen, Alicia Keys, The Jonas Brothers, Cecily Strong, Bowen Yang, and more, successfully raising $77.5 million in support of Robin Hood's effort to get families back on their feet, kids back on track, and New Yorkers back to work. As always, Robin Hood's board covers all administrative costs, so 100% of the funds raised will be invested in poverty-fighting programs citywide.
About Robin Hood:
Robin Hood has been fighting poverty in New York City since 1988. Because Robin Hood's board covers all overhead, 100% of every donation goes directly to the poverty fight. Last year, Robin Hood awarded $172 million in grants, filling a critical void during the COVID-19 pandemic by providing cash assistance, meals, housing, healthcare, education, and other urgent needs to one million New Yorkers impacted by COVID-19, as well as funding an array of programs and initiatives developed to elevate families out of poverty in New York City. Follow the organization on Twitter @RobinHoodNYC and learn more at www.robinhood.org.
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SOURCE Robin Hood | https://www.mysuncoast.com/prnewswire/2022/05/10/robin-hoods-annual-benefit-raises-126-million-fight-against-poverty-new-york-city/ | 2022-05-11T03:35:34Z |
WASHINGTON (AP) — The House Jan. 6 committee closed out its set of summer hearings with its most detailed focus yet on the investigation’s main target: former President Donald Trump.
The panel on Thursday examined Trump’s actions on Jan. 6, 2021, as hundreds of his supporters broke into the U.S. Capitol, guiding viewers minute-by-minute through the deadly afternoon to show how long it took for the former president to call off the rioters. The panel focused on 187 minutes that day, between the end of Trump’s speech calling for supporters to march to the Capitol at 1:10 p.m. and a video he released at 4:17 p.m. telling the rioters they were “very special” but they had to go home.
Trump was “the only person in the world who could call off the mob,” but he refused to do so for several hours, said the committee’s chairman, Mississippi Rep. Bennie Thompson, who participated in the hearing remotely due to a COVID-19 diagnosis. “He could not be moved.”
THE WHITE HOUSE DINING ROOM
The panel emphasized where Trump was as the violence unfolded — in a White House dining room, sitting at the head of the table, watching the violent breach of the Capitol on Fox News. He retreated to the dining room at 1:25 p.m., according to Rep. Elaine Luria, D-Va., one of two members who led the hearing. That was after some rioters had already breached barriers around the Capitol — and after Trump had been told about the violence within 15 minutes of returning to the White House.
Fox News was showing live shots of the rioters pushing past police, Luria said, showing excerpts of the coverage.
In video testimony played at the hearing, former White House aides talked about their frantic efforts to get the president to tell his supporters to turn around. Pat Cipollone, Trump’s top White House lawyer, told the panel that multiple aides — including Trump’s daughter, Ivanka Trump — advised the president to say something. “People need to be told” to leave, Cipollone recalled telling the president, urging Trump to make a public announcement. “Fast.”
Trump “could not be moved,” Thompson said, “to rise from his dining room table and walk the few steps down the White House hallway into the press briefing room where cameras were anxiously and desperately waiting to carry his message to the armed and violent mob savagely beating and killing law enforcement officers.”
NO CALLS FOR HELP
As he sat in the White House, Trump made no efforts to call for increased law enforcement assistance at the Capitol. Witnesses confirmed that Trump did not call the defense secretary, the homeland security secretary or the attorney general.
The committee played audio of Gen. Mark Milley, chairman of the Joint Chiefs of Staff, reacting with surprise to the former president’s reaction to the attack. “You’re the commander-in-chief. You’ve got an assault going on on the Capitol of the United States of America. And there’s Nothing? No call? Nothing Zero?” Milley said.
As Trump declined to call for help, Vice President Mike Pence was hiding in the Capitol, just feet away from rioters who were about to breach the Senate chamber. The committee played audio from an unidentified White House security official who said Pence’s Secret Service agents “started to fear for their own lives” at the Capitol and called family members in case they didn’t survive.
Shortly afterward, at 2:24 p.m., Trump tweeted that Pence didn’t have the “courage” to block or delay the election results as Congress was certifying Joe Biden’s presidential victory.
“He put a target on his own vice president’s back,” said Luria.
FORMER WHITE HOUSE AIDES
Matt Pottinger, who was Trump’s deputy national security adviser at the time, and Sarah Matthews, then the deputy press secretary, testified at the hearing. Both resigned from their White House jobs immediately after the insurrection.
Both Pottinger and Matthews told the committee of their disgust at Trump’s tweet about Pence.
Pottinger said he was “disturbed and worried to see that the president was attacking Vice President Pence for doing his constitutional duty,” which he said was “the opposite of what we needed at that moment.”
“That was the moment I decided I was going to resign,” Pottinger said.
Matthews said the tweet was “essentially him giving the green light to those people,” and said Trump’s supporters “truly latch on to every word and every tweet.”
She also described a debate within the press office about whether the violence should be condemned — and her frustration that such a debate was even happening, and that they were debating the politics of a tweet.
Matthews said she pointed to the television. “Do you think it looks like we are effing winning? Because I don’t think it does,” she said.
DESPERATE TEXTS
The committee showed some of the texts that were sent to Trump’s chief of staff, Mark Meadows, as White House aides tried to get the president to act. Meadows turned the texts over to the panel before he stopped cooperating.
“This is one you go to the mattresses on,” Donald Trump Jr., the president’s son, texted Meadows. “They will try to f— his entire legacy on this if it gets worse.”
“Mark, he needs to stop this, now,” texted Mick Mulvaney, Meadows’ former GOP House colleague and the former director of the Office of Management and Budget.
“Hey Mark, the president needs to tell people in the Capitol to go home,” texted Fox News Channel host Laura Ingraham.
FINALLY, A VIDEO MESSAGE
As some of the worst of the fighting at the Capitol was still underway, and had been going on for hours, Trump put out the video at 4:17 p.m.
The committee showed video of Trump filming the statement, and a copy of the script that he ignored. “I am asking you to leave the Capitol Hill region NOW and go home in a peaceful way,” the script said.
But the president did not actually say that, instead repeating baseless claims of voter fraud without condemning the violence. “So go home. We love you. You’re very special,” Trump ended up saying. “I know how you feel.”
In video testimony, Trump’s son-in-law Jared Kushner said he got there as the filming ended, and “I think he was basically retiring for the day.”
The committee showed video from the Capitol siege at that exact moment — rioters trying to violently push through the main doors, battering officers who had been fighting for hours. Police radio traffic relayed, “Another officer unconscious.”
THE NEXT DAY
The committee showed never-before-seen outtakes of a speech prepared for Trump on Jan. 7 in which he was supposed to say the election was over. But he bristled at that line, telling a roomful of supporters, “I don’t want to say the election is over.”
In the outtakes, Trump was visibly angry — at one point hitting his hand on the podium — as he worked through the prepared remarks, with his daughter Ivanka and others heard chiming in with suggestions.
In the final video, Trump condemns the violence and says: “Congress has certified the results, and new administration will be inaugurated on January 20. My focus now turns to ensuring a smooth, orderly and seamless transition of power.”
‘WE HAVE CONSIDERABLY MORE TO DO’
At the beginning of the hearing, Thompson and Wyoming Rep. Liz Cheney, the committee’s Republican vice chair, announced that the panel would “reconvene” in September to continue laying out their findings.
“Doors have opened, new subpoenas have been issued and the dam has begun to break,” Cheney said of the committee’s probe. “We have considerably more to do. We have far more evidence to share with the American people and more to gather.”
___
Associated Press reporters Eric Tucker, Jill Colvin, Farnoush Amiri, Kevin Freking, Chris Megerian and Michael Balsamo contributed to this report.
__
Follow AP’s coverage of the Jan. 6 committee hearings at https://apnews.com/hub/capitol-siege. | https://cw33.com/news/politics/ap-politics/jan-6-takeaways-trump-could-not-be-moved-amid-violence/ | 2022-07-22T14:27:37Z |
Texas lawmakers aim to ban children from drag shows
(CNN) - Republican Texas Representative Bryan Slaton is working on a law that would prevent children from seeing drag shows, saying they are too sexually explicit for them.
Critics, however, say there are bigger issues regarding children’s safety that lawmakers should be focusing on – guns.
When asked if he believes his priorities are in place when it comes to children’s safety, Slaton said it’s “always appropriate to take care and protect children.”
“As this horrible event in Uvalde is being investigated, and we’re learning information. But every day is the right day to protect children, whether it’s from violence, or it’s from sexualization, someone taking advantage of them. I mean, it’s always the right time to protect children,” Slaton said.
His colleague, Republican Texas Representative Steve Toth, is also pushing for similar legislation.
“We can walk and chew gum at the same time in the Texas legislature, and that includes both keeping sexually explicit material out of the hands of children, as well as making sure that violent children are removed from the classroom,” Toth said.
Toth said he plans to file a bill in November and hopes to have it on the House floor by April or May.
Drag performer Celia Light said not all drag shows are sexual in nature, and many performances cater to entertaining children.
“For me, [a law] seems like a blatant disregard for a parent’s right to choose what’s best for their children,” Light said.
Light said she has been a part of events where parents were unsure what she was going to do, but after they see that she is just entertaining them and reading a story book, parents are thankful.
“There is a way of presenting anything to make sure it’s appropriate for a certain type of audience,” Light said.
Copyright 2022 KEYE via CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/06/09/texas-lawmakers-aim-ban-children-drag-shows/ | 2022-06-09T19:11:32Z |
NEW YORK, Aug. 2, 2022 /PRNewswire/ -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Molecular Partners AG (NASDAQ: MOLN) alleging that the Company violated federal securities laws.
This lawsuit is on behalf of a class consisting of persons and entities that purchased or otherwise acquired: (a) Molecular Partners American Depositary Shares pursuant and/or traceable to certain documents issued in connection with the Company's initial public offering conducted on or about June 16, 2021; and/or (b) Molecular Partners securities between June 16, 2021, and April 26, 2022.
Lead Plaintiff Deadline: September 12, 2022
No obligation or cost to you.
Learn more about your recoverable losses in MOLN:
https://www.kleinstocklaw.com/pslra-1/class-action-molecular-partners-ag-loss-submission-form?id=30440&from=4
Molecular Partners AG NEWS - MOLN NEWS
CLASS ACTION CASE DETAILS: The filed complaint alleges that Molecular Partners AG made materially false and/or misleading statements and/or failed to disclose that: (i) the Company's product, ensovibep, was less effective at treating COVID-19 than defendants had led investors to believe; that (ii) accordingly, the the U.S. Food and Drug Administration ("FDA") was reasonably likely to require an additional Phase 3 study of ensovibep before granting the drug Emergency Use Authorization ("EUA"); (iii) waning global rates of COVID-19 significantly reduced the Company's chances of securing EUA for ensovibep; (iv) another of the Company's product candidates, MP0310, was less attractive to Molecular Partners' collaborator, Amgen, than defendants had led investors to believe; (v) accordingly, there was a significant likelihood that Amgen would return to global rights of MP0310 to Molecular Partners; (vi) as a result of all the foregoing, the clinical and commercial prospects of ensovibep and MP0310 were overstated; and (vii) as a result, documents issues in connection with the Company's initial public offer and defendants' public statements throughout the class period were materially false and/or misleading and failed to state information required to be stated therein.
WHAT THIS MEANS TO YOU AS A SHAREHOLDER: If you have suffered a loss in Molecular Partners you have until September 12, 2022 to petition the court for lead plaintiff status. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you purchased Molecular Partners securities during the relevant period, you may be entitled to compensation without payment of any out-of-pocket fees.
HOW TO PROTECT YOUR FINANCIAL INTERESTS: For additional information about the MOLN lawsuit, please contact J. Klein, Esq. by telephone at 212-616-4899 or click this link: https://www.kleinstocklaw.com/pslra-1/class-action-molecular-partners-ag-loss-submission-form?id=30440&from=4.
ABOUT KLEIN LAW FIRM
J. Klein, Esq. represents investors and participates in securities litigations involving financial fraud throughout the nation. The Klein Law Firm is a boutique litigation firm with experience in a wide range of areas including securities law, corporate finance and commercial litigation. Since 2011, our experienced attorneys have achieved superior results for our clients with a personalized focus. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
J. Klein, Esq.
Empire State Building
350 Fifth Avenue
59th Floor
New York, NY 10118
jk@kleinstocklaw.com
Telephone: (212) 616-4899
www.kleinstocklaw.com
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SOURCE The Klein Law Firm | https://www.mysuncoast.com/prnewswire/2022/08/02/moln-alert-klein-law-firm-announces-lead-plaintiff-deadline-september-12-2022-class-action-filed-behalf-molecular-partners-ag-shareholders/ | 2022-08-02T11:16:17Z |
NEW YORK, April 8, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Vertiv Holdings Co (NYSE: VRT).
To receive updates on the lawsuit, fill out the form:
The lawsuit seeks to recover losses for shareholders who purchased Vertiv between April 28, 2021 and February 23, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until May 23, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Vertiv Holdings Co issued materially false and/or misleading statements and/or failed to disclose that: (1) the Company could not adequately respond to supply chain issues and inflation by increasing its prices; (2) as a result of the increasing costs, Vertiv's earnings would be adversely impacted; and (3) as a result of the foregoing, defendants' positive statements about the Company's business, operations, and prospects were materially misleading and/or lacked a reasonable basis.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/04/08/vrt-shareholder-alert-jakubowitz-law-reminds-vertiv-shareholders-lead-plaintiff-deadline-may-23-2022/ | 2022-04-08T11:51:14Z |
Man charged after throwing saw blade through woman’s car window, police say
TULSA, Okla. (Gray News) – A man was arrested in Oklahoma after throwing a saw blade through a vehicle’s back window, police said.
According to the Tulsa Police Department, officers received a call about a potential shooting Sunday evening. When they arrived at the scene, Ryan Thomas told officers he had been shot.
Police said they noticed a cut on Thomas’ ear, but he refused treatment from paramedics.
A woman on the scene told officers that Thomas had approached her car and opened her passenger door. She said Thomas threw something in her vehicle, spit on her, then started cursing. As she drove away, Thomas threw a circular saw blade through her back window, police said.
The woman was not injured.
Police said Thomas admitted to throwing the saw blade. He also claimed the woman had previously tried to break into his home, which officers said they found to be untrue. According to jail records, Thomas is homeless.
Thomas was arrested and charged with assault and battery with a deadly weapon and with throwing an object at a motor vehicle. His bond was set at $20,000, jail records show.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/06/28/man-charged-after-throwing-saw-blade-through-womans-car-window-police-say/ | 2022-06-28T22:03:16Z |
NEW ORLEANS, May 27, 2022 /PRNewswire/ -- Kahn Swick & Foti, LLC ("KSF") and KSF partner, former Attorney General of Louisiana, Charles C. Foti, Jr., remind investors that they have until July 18, 2022 to file lead plaintiff applications in a securities class action lawsuit against Pegasystems Inc. (NasdaqGS: PEGA), if they purchased the Company's shares between May 29, 2020 and May 9, 2022, inclusive (the "Class Period"). This action is pending in the United States District Court for the Eastern District of Virginia.
If you purchased shares of Pegasystems and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, contact KSF Managing Partner Lewis Kahn toll-free at 1-877-515-1850 or via email (lewis.kahn@ksfcounsel.com), or visit https://www.ksfcounsel.com/cases/nasdaqgs-pega/ to learn more. If you wish to serve as a lead plaintiff in this class action, you must petition the Court by July 18, 2022.
Pegasystems and certain of its executives are charged with failing to disclose material information during the Class Period, violating federal securities laws.
On May 9, 2022, post-market, the Company disclosed that a Virginia state court jury deliberating over a lawsuit brought by one of its principal competitors, Appian Corporation ("Appian") for stealing its trade secrets and violating the commonwealth's computer crime law had awarded Appian more than $2 billion for the Company's "willful and malicious" trade secret misappropriation.
On this news, shares of Pegasystems plummeted from $65.93 per share on May 9, 2022, to close at $52.25 per share on May 10, a one-day decline of 21% that wiped out over $1 billion in market capitalization.
The case is City of Fort Lauderdale Police and Firefighters' Retirement System v. Pegasystems Inc., et al., No. 1:22-cv-00578.
KSF, whose partners include former Louisiana Attorney General Charles C. Foti, Jr., is one of the nation's premier boutique securities litigation law firms. KSF serves a variety of clients – including public institutional investors, hedge funds, money managers and retail investors – in seeking recoveries for investment losses emanating from corporate fraud or malfeasance by publicly traded companies. KSF has offices in New York, California, Louisiana and New Jersey.
To learn more about KSF, you may visit www.ksfcounsel.com.
Contact:
Kahn Swick & Foti, LLC
Lewis Kahn, Managing Partner
lewis.kahn@ksfcounsel.com
1-877-515-1850
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.wibw.com/prnewswire/2022/05/28/pegasystems-shareholder-alert-by-former-louisiana-attorney-general-kahn-swick-amp-foti-llc-reminds-investors-with-losses-excess-100000-lead-plaintiff-deadline-class-action-lawsuit-against-pegasystems-inc-pega/ | 2022-05-28T05:15:01Z |
MIAMI, July 27, 2022 /PRNewswire/ -- Bascom Palmer Eye Institute is once again ranked No. 1 in ophthalmology in the 2022 U.S. News & World Report "Best Hospitals" rankings, while Sylvester Comprehensive Cancer Center moves into the top 50 for the first time, tied at No. 48, and neurology/neurosurgery vault into the top 25.
The new rankings mark the 21st time, and the 19th consecutive year, that Bascom Palmer has been ranked No. 1 for treating eye-related conditions since U.S. News began surveying physicians for its annual rankings in 1990. Sylvester, the only National Cancer Institute-designated cancer center in South Florida, is ranked among the best hospitals for treatment of cancer for the first time, at No. 48.
In addition, neurology/neurosurgery went up ten spots, rising to No. 25 in the country from No. 35 in 2021. All three ranked programs are part of UHealth – University of Miami Health System, which also demonstrated top-notch care closer to home.
UHealth Tower showed improvement, advancing one spot statewide to No. 8. It continues to be tied at No. 2 in Miami-Ft. Lauderdale, and is regionally recognized in South Florida.
"Having three nationally ranked programs and rising in the state rankings is a testament to the outstanding clinical care our teams are providing," said Dipen J. Parekh, M.D., chief operating officer of UHealth executive dean for clinical affairs and founding director of the Desai Sethi Urology Institute at the Miller School of Medicine. "These and other UHealth programs are at the vanguard of medicine, advancing cutting-edge research and treatment options and setting the standard for top-flight patient care, from the most basic to the most complex cases."
Bascom Palmer's decades-long run in the top spot of these national rankings is a demonstration of its excellence in the field of ophthalmology.
"Our professional team is dedicated to delivering the most advanced vision care to patients throughout our diverse community and around the world," said Eduardo C. Alfonso, M.D., director of Bascom Palmer Eye Institute and the Kathleen and Stanley J. Glaser Chair in Ophthalmology. "In addition to clinical care, our unwavering focus on excellence also drives our integrated approach to research and education. Our physicians and scientists continue to make important contributions to our understanding of eye diseases, and we have developed robust virtual education services to connect with patients and eye care professionals almost anywhere in the world."
Eight UHealth specialties earned distinction this year as high performing, relative to other rated hospitals: chronic obstructive pulmonary disease (COPD), colon cancer surgery, heart attack, heart failure, kidney failure, lung cancer surgery, prostate cancer surgery, and stroke.
"Dedication to our patients is our shared focus, and is at the core of our mission," said Henri R. Ford, M.D., M.H.A., dean and chief academic officer of the Miller School. "It drives innovation and interdisciplinary cooperation in our academic and research efforts. Excellence in clinical care is the result, and this is validated by the continued recognition and respect of our peers in the medical community."
U.S. News & World Report rankings are based on data from nearly 5,000 medical centers and survey responses from more than 30,000 physicians. The complete 2022-2023 rankings are available online and in the U.S. News "Best Hospitals" 2022 guidebook.
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SOURCE Bascom Palmer Eye Institute | https://www.mysuncoast.com/prnewswire/2022/07/27/bascom-palmer-is-no-1-21st-year-sylvester-comprehensive-cancer-center-ranks-among-nations-best-us-news-best-hospitals/ | 2022-07-27T19:48:08Z |
ALBANY, N.Y., June 29, 2022 /PRNewswire/ -- Curran Investment Management's Curran Core Growth Equity Strategy was listed #4 total return in the U.S Large Cap Growth and Value Equity category. It also ranked in the U.S Growth & Value category, and our U.S Midcap Equity strategy ranked in both the Growth category and the universe of all Midcap strategies.
- #4 total return over a 5-year period out of 95 composites/funds
- #14 total return over a 10-year period out of 75 composites/funds
- #8 total return over a 5-year period out of 368 composites/funds
- #21 total return over a 10-year period out of 261 composites/funds
- #7 total return over a 5-year period out of 62 composites/funds
- #12 total return over a 3-year period out of 67 composites/funds
- #12 total return over a 10-year period out of 52 composites/funds
- #7 total return for a 5-year period out of 170 composites/funds
- #16 total return for a 10-year period out of 131 composites/funds
- #19 total return for a 3-year period out of 179 composites/funds
To achieve a Lipper ranking for Best Money Managers performance is calculated net of fees, on an investment strategy asset base which is at least $10 million dollars, inclusive of all cash reserves, calculated in U.S dollars and the classification of the product must fall into one of the categories Lipper ranks. Curran's Core Growth Equity strategy falls under the U.S Large-Cap Growth & Value Equity category.
"We are pleased that not only our Curran Core Growth strategy, but our Midcap Equity continues to be ranked among Lipper's Best Money Managers." — Kevin T. Curran, Co-CEO and Chief Investment Officer
As a Registered Investment Advisor headquartered in Albany, NY we serve both individual and institutional clients nationally with an additional office in Cape May. Curran has over $538 million assets under managements (AUM) as of 3/31/2021.
More information on Broadridge Lipper Curran Investment Management Services
Past Performance does not guarantee future results. The information herein is obtained from reference sources deemed reliable. All Investments carry risks, including possible loss of principal.
Media Contact: Emma Pasquali
Firm: Curran Investment Management
Email: epasquali@curranllc.com
Phone: (518) 391-4285
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SOURCE Curran Investment Management | https://www.kxii.com/prnewswire/2022/06/29/currans-large-core-amp-midcap-equity-strategies-rank-top-10-by-broadridge-lipper-period-ending-33122/ | 2022-06-29T15:22:14Z |
New research reveals the industry's lack of "clear guidelines" regarding advertising alongside misinformation
NEW YORK, June 6, 2022 /PRNewswire/ -- Integral Ad Science (Nasdaq: IAS), a global leader in digital media quality, today released its "Misinformation & Media Quality" report that uncovers how false information affects the digital advertising industry. The report of digital media experts explores the challenges that misleading content poses for media strategies, as well as what actions advertisers are taking to protect their campaigns against these growing threats.
"As we continue to classify sources of misinformation, our report illustrates the heightened need to focus on controlling advertisers' contextual adjacencies, including the implementation of suitability frameworks that specifically address false or misleading content," said Tony Marlow, CMO, IAS. "Coupled with our Global Disinformation Index (GDI) partnership, which provides advertisers with enhanced misinformation protection, this research reveals how industry leaders are grappling with misleading content and what actions they are, or aren't, taking to protect both current and future campaigns."
IAS, in partnership with YouGov, surveyed over 500 digital media experts from brands, agencies, publishers and adtech providers to examine perspectives surrounding misinformation, disinformation, and fake news. The research revealed the following trends:
A Vast Majority of Media Experts Agree Misinformation Should be Actively Avoided, But Few Say Their Organizations Have Clear Guidelines
The majority of media experts (73%) "agree" or "strongly agree" that ad buyers and sellers must actively avoid misinformation, disinformation, and fake news. However, less than half (47%) of those media experts reported that their organizations have clear guidelines regarding advertising alongside misinformation.
Despite its impact in diminishing audience reach and advertising opportunities, broad blocking is most commonly used by industry experts to avoid misleading content. Nearly half of media experts (45%) plan to block entire content types, 43% will block specific topics, and 38% will block geographic locations where misinformation is common.
Context-based strategies, which allow ad buyers and sellers to avoid misinformation with minimal impact on reach, are underused. Less than one-third (32%) of respondents currently use or plan to use context-based avoidance and targeting methods, while less than one-fifth (18%) leverage pre or post-bid avoidance segments that avoid undesired placements in the bid stream.
Recent Global Events Have Fueled the Threat of Misinformation, Disinformation, and Fake News Content
As ad spending continues to grow, total media ad spend is expected to approach $350 billion in 2022, making media quality assurance ever-present as buyers and sellers seek to minimize known and emerging threats. The Global Disinformation Index (GDI) estimates that advertisers unwittingly provide at least $235m to global disinformation sites, on an annual basis.
The majority of experts agree that the spread of misinformation has been fueled by recent global developments. Media experts surveyed reported that the volume of misinformation has increased due to political polarization (76%), recent geopolitical developments (68%), and the ongoing COVID-19 pandemic (62%).
A Large Number of Industry Experts Report High Levels of Concern Regarding Media Threats
As ad spending grows, media quality threats will remain top of mind, with 84% of experts reporting "high" or "very high" levels of concern about at least one threat. A majority of these industry experts flag content-spreading misinformation, disinformation, and fake news as the most concerning media quality threats, with 63% reporting "high" or "very high" levels of concern. In such an event, impact on company reputation and consumer distrust are of greater concern than campaign ROI. Around disinformation, 42% of experts conveyed concern about the impact on their company's reputation or consumer distrust in legitimate content and advertising, whereas 29% cited concern over reduced audience reach and only 22% around lost media budget/revenue.
Though digital media experts agree that the spread of misinformation is the most concerning media quality threat, apprehension persists around ad fraud, adjacencies next to questionable content (i.e. brand risk), and low viewability for more than half of respondents, according to the report.
Marketers and Brands Prioritize Social Platforms Even Though They Consider the Environment Vulnerable to Misinformation
The research shows that marketers are prioritizing social platforms. Almost half (42%) of respondents identified social platforms as a priority. However, more than half of respondents (60%) consider social platforms as the most likely environment to experience misinformation incidents, followed by mobile and audio.
About Integral Ad Science
Integral Ad Science (IAS) is a global leader in digital media quality. IAS makes every impression count, ensuring that ads are viewable by real people, in safe and suitable environments, activating contextual targeting, and driving supply path optimization. Our mission is to be the global benchmark for trust and transparency in digital media quality for the world's leading brands, publishers, and platforms. We do this through data-driven technologies with actionable real-time signals and insight. Founded in 2009 and headquartered in New York, IAS works with thousands of top advertisers and premium publishers worldwide. For more information, visit integralads.com.
CONTACT: press@integralads.com
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SOURCE Integral Ad Science, Inc. | https://www.kxii.com/prnewswire/2022/06/06/new-ias-report-uncovers-how-misleading-content-impacts-digital-advertising/ | 2022-06-06T14:28:18Z |
Since opening the city's first and largest high-volume kitten nursery dedicated to the care and treatment of neonatal kittens in 2014, the ASPCA has provided lifesaving support to 10,000 kittens in New York City
NEW YORK , July 11, 2022 /PRNewswire/ -- In honor of National Kitten Day on July 10, the ASPCA® (The American Society for the Prevention of Cruelty to Animals®) today announced a significant achievement by caring for its 10,000th kitten through the ASPCA Kitten Nursery in New York City, which relies on the help of supportive foster caregivers to provide lifesaving care to kittens in need. Since launching in 2014 in support of Animal Care Centers of New York City (ACC), the ASPCA's facility has served as the city's first and largest high-volume kitten nursery dedicated to the care and treatment of neonatal kittens who are often too young to survive on their own. This milestone comes during the height of feline breeding season, also known as kitten season, a time of year when shelters nationwide are overwhelmed with vulnerable and newborn cats.
The 10,000th kitten, named Zanzibar, a 10-week-old tabby kitten with orange fur, arrived at the ASPCA Kitten Nursery from ACC at four weeks of age in need of specialized medical support for an upper respiratory infection. After being assessed by an ASPCA veterinarian, she was placed with an experienced foster caregiver who provided bottle-feedings, medications and socialization to help Zanzibar gain strength and prepare for life in an adoptive home. Zanzibar is now healthy and strong thanks to the support of her foster caregiver and will soon be available for adoption at the ASPCA Adoption Center in Manhattan.
"Reaching this 10,000-kitten milestone demonstrates how much we can accomplish when animal welfare organizations, foster caregivers, and veterinary professionals work together to address a life-threatening animal welfare challenge with the utmost compassion and determination," said Matt Bershadker, ASPCA President and CEO. "We're proud to provide Animal Care Centers of NYC with critical assistance and encourage the public to continue adopting and fostering animals to help their local shelters manage the ongoing seasonal surge of vulnerable kittens."
The majority of kittens helped through the ASPCA Kitten Nursery are transferred from ACC, the only open-admission shelter in New York City, to help alleviate pressure on the city's shelter operations. Kittens are also taken in from individual rescuers throughout the five boroughs.
"The ASPCA Kitten Nursery is an essential part of ACC's mission to end animal homelessness in New York City. The ASPCA has taken thousands of kittens from ACC over the years and provided the care and compassion needed to ensure their survival," said ACC President and CEO Risa Weinstock. "The partnership between the ASPCA and ACC has been key in our pursuit to make New York City the most humane city for animals in the nation."
Vulnerable kittens under eight weeks old often require round-the-clock attention as they mature, a resource that many shelters don't have, so foster programs that support frequent bottle-feeding for the youngest of these kittens and medical check-ups are crucial to help them grow and find loving homes. Thousands of shelter animals across the country—such as vulnerable kittens, including those who may have been unintentionally orphaned by well-meaning members of the public—require specialized care, and in some cases, continued support after they have been adopted, due to medical or behavioral needs.
In addition to the ASPCA Kitten Nursery, the ASPCA has cared for close to 9,000 kittens through its Los Angeles Kitten Foster Program, launched in 2016, which supports Los Angeles County Animal Care Centers.
New Yorkers and animal lovers across the country are encouraged to make a difference this season by fostering vulnerable kittens. At the moment, the ASPCA Kitten Nursery has a particular need for foster caregivers who can provide frequent bottle-feeding and support for kittens who may require regular baths or treatment with medication. To learn more about how to foster kittens in New York City and to complete an online application, please visit ASPCA.org/FosterNYC.
About the ASPCA®
Founded in 1866, the ASPCA® (The American Society for the Prevention of Cruelty to Animals®) was the first animal welfare organization to be established in North America and today serves as the nation's leading voice for vulnerable and victimized animals. As a 501(c)(3) not-for-profit corporation with more than two million supporters nationwide, the ASPCA is committed to preventing cruelty to dogs, cats, equines, and farm animals throughout the United States. The ASPCA assists animals in need through on-the-ground disaster and cruelty interventions, behavioral rehabilitation, animal placement, legal and legislative advocacy, and the advancement of the sheltering and veterinary community through research, training, and resources. For more information, visit www.ASPCA.org, and follow the ASPCA on Facebook, Twitter, and Instagram.
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SOURCE ASPCA | https://www.wibw.com/prnewswire/2022/07/11/aspca-kitten-nursery-helps-10000-new-york-citys-most-vulnerable-animals-with-support-foster-caregivers/ | 2022-07-11T13:02:24Z |
Which kids’ scooter is best?
If you are trying to get your child to spend a little more time outdoors, a scooter may be just the ticket. They offer a fun and healthy way for kids to use up some of their energy.
Kids’ scooters come in several types and with a range of features that can make them better suited for certain children or age groups. For example, the Micro Kickboard Mini Deluxe LED 3-Wheeled Scooter has a stable design that is perfect for toddlers, and the motion-activated light-up wheels are sure to capture their attention. If you have an older child, the Razor A Kick Scooter stands out as a top choice due to its smooth-gliding wheels and quality build that can stand up to plenty of use.
What to know before you buy a kids’ scooter
Two- vs. three-wheel kids’ scooters
Kids’ scooters are available in both two-wheel and three-wheel options. It is important to match the type of scooter with a child’s abilities. Two-wheel models are better for children at least 7 or 8 years old who have the balance and dexterity to ride them safely. These also require a minimum amount of speed for stability, and younger children may not have the stamina to maintain that. That said, if you have a 5- or 6-year-old child that is already proficient in riding a bicycle without training wheels or roller skating, they may have no trouble with a two-wheel model.
Three-wheel models are suitable for children as young as 2 years old because the scooter does most of the work of keeping them balanced. They also have a basic lean-to-steer mechanism that doesn’t require the rider to actually turn the handlebars. Most children will benefit from starting with a three-wheel model and then progressing to a two-wheel model as their skills improve.
Weight capacity
Every kids’ scooter has a maximum weight capacity that should never be exceeded. For the majority of models, this should be well above the weight of most children within the recommended rider age limit. That said, it is best to always double-check the weight capacity before purchase to ensure you don’t encounter any issues.
Scooter safety tips
User safety should be a top concern any time you are providing a child with a toy they can ride. In the case of kids’ scooters, there are several safety tips to be aware of. Children should be taught to always wear a helmet when riding, and ideally knee and elbow pads.
It is also recommended that kids only ride their scooters under close adult supervision until they have learned enough responsibility to know where, when and how to ride safely. On that note, they should never be allowed to ride a scooter anywhere near traffic, which includes close to the end of the driveway. It is best that they avoid riding on hills or any other steep areas where they could potentially lose control.
What to look for in a quality kids’ scooter
Responsive brakes
Most kids’ scooters have a foot-operated brake above the rear wheel. Other than putting a foot down directly onto the ground, this is the only method used to slow and stop scooters. This means the brake has to be both effective and, ideally, very responsive so children can stop quickly when needed.
Height-adjustable handlebar
Every parent knows that children tend to grow like weeds. The last thing you want is them growing out of their scooter just a couple of months after they get it. With that in mind, it is best to choose a model that features a height-adjustable handlebar. Many scooters even allow you to raise or lower the handlebar as needed without requiring any tools for the job.
Cushioned grips
Kids’ scooters should have cushioned grips for both comfort and safety. Both foam and rubber work, but each offers slightly different benefits. Foam is extremely soft. It also doesn’t get slippery if a child’s hands are sweaty. Rubber is more durable though, and will generally last longer.
Seat
Some models feature seats for a more relaxed ride. To get the best of both worlds, consider purchasing a scooter with a flip-up or removable seat. This way your child has the option of standing or sitting while they ride based on their mood.
Lights
Kids’ scooters with LEDs in the wheels that light up when they ride can add an extra element of fun to keep children entertained for longer. This has the added benefit of making them more visible to passersby and motorists, which can increase their safety.
How much you can expect to spend on a kids’ scooter
Most kids’ scooters cost between $25-$100.
Kids’ scooters FAQ
Do kids’ scooters fold up for transport?
A. Some kids’ scooters fold up for transport but some do not. This is more common in two-wheel models than three-wheel models. However, the latter do sometimes disassemble for more convenient transport. You can usually find information about whether or not a particular model folds up somewhere in the product description.
Are kids’ scooters hard to learn to ride?
A. Kids scooters do have a learning curve, but most children can take them easily enough with a bit of practice. If your child isn’t yet comfortable riding a bicycle or using roller skates, it is best to start with a three-wheel model and progress to a two-wheeled scooter as their skills improve.
What’s the best kids’ scooter to buy?
Top kids’ scooter
Micro Kickboard Mini Deluxe LED 3-Wheeled Scooter
What you need to know: This scooter is easy to ride and comes in a wide variety of colors to appeal to practically any child between 2-5 years old.
What you’ll love: It features LEDs in the wheels that light up when kids ride, and the handlebars are height adjustable to grow with your child.
What you should consider: It carries a high price tag that may put it out of reach for some parents.
Where to buy: Sold by Amazon
Top kids’ scooter for the money
What you need to know: A top choice for older children, this two-wheeled scooter boasts top-quality construction and a smooth glide.
What you’ll love: It is foldable for transport and lightweight enough that most children can comfortably carry it. Plus, the urethane wheels hold up well to plenty of use.
What you should consider: Tall children may find the handlebars don’t get high enough for them.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: This versatile scooter can be used with or without the seat so children can vary their riding position.
What you’ll love: It is available in more than 10 bright, eye-catching colors and features LEDs in the wheels. Also, the deck offers good traction for rider safety.
What you should consider: It is notably heavier than many other models.
Where to buy: Sold by Amazon
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Brett Dvoretz 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/toys-games-br/ride-on-toys-br/best-kids-scooter/ | 2022-04-01T19:23:18Z |
NEW YORK, Sept. 7, 2022 /PRNewswire/ -- OUTFRONT Media Inc. (NYSE: OUT) announced today that Jeremy Male, Chairman and Chief Executive Officer, is scheduled to present at the Goldman Sachs Communacopia + Technology Conference on Wednesday, September 14, 2022 at 1:45 p.m. Eastern Time. A live and replay audio webcast will be available on the investor relations section of the Company's website at www.OUTFRONTmedia.com.
About OUTFRONT Media Inc.
OUTFRONT leverages the power of technology, location, and creativity to connect brands with consumers outside of their homes through one of the largest and most diverse sets of billboard, transit, and mobile assets in North America. Through its technology platform, OUTFRONT will fundamentally change the ways advertisers engage audiences on-the-go.
Contacts:
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SOURCE OUTFRONT Media Inc. | https://www.wibw.com/prnewswire/2022/09/07/outfront-media-chief-executive-officer-jeremy-male-participate-goldman-sachs-communacopia-technology-conference/ | 2022-09-07T19:47:53Z |
Company commits to six core water management areas and annual reporting
CHARLOTTE, N.C., April 22, 2022 /PRNewswire/ -- Albemarle Corporation (NYSE: ALB), a leader in the global specialty chemicals industry, announced today that it has endorsed the United Nations (UN) Global Compact CEO Water Mandate, a global initiative in partnership with the Pacific Institute, that mobilizes business leaders to advance water stewardship practices.
With Albemarle's endorsement, the company commits to action and continuous improvement, over time, across six key areas of focus in water management and to report annually on progress through its CDP water disclosures and UN Global Compact communication. The six core areas for continuous improvement of water stewardship include direct operations, supply chain and watershed management, collective action, public policy, community engagement, and transparency.
"Efficient and responsible water use is a key component of our sustainability strategy," said Albemarle CEO Kent Masters. "Albemarle is committed to responsible management of our water resources and our sustainable business practices align directly with our endorsement of the CEO Water Mandate. Through this platform, we aim to proactively identify and manage business risks, create efficiency in our water use, realize cost savings through water use efficiency, and honor our sustainability commitments."
In 2021, Albemarle announced its goal to reduce the intensity of its freshwater use by 25% by 2030 in areas of high and extremely-high water risk, as defined by the Water Resource Institute. In La Negra, Chile, Albemarle has invested $100 million in thermal evaporator recycling technology to reduce fresh water use by 30% per kilogram of lithium carbonate. In Jordan, Albemarle has developed process innovations to expand production without increasing water intensity, including a current project to convert a waste stream into saleable product while reducing water and energy use.
Albemarle joins more than 200 global endorsing companies in the CEO Water Mandate platform. In 2021, Albemarle announced its membership to the UN Global Compact, a voluntary leadership platform for the development, implementation and disclosure of responsible business practices, and the largest corporate sustainability initiative in the world.
About Albemarle
Albemarle Corporation (NYSE: ALB) is a global specialty chemicals company with leading positions in lithium, bromine and catalysts. We think beyond business as usual to power the potential of companies in many of the world's largest and most critical industries, such as energy, electronics, and transportation. We actively pursue a sustainable approach to managing our diverse global footprint of world-class resources. In conjunction with our highly experienced and talented global teams, our deep-seated values, and our collaborative customer relationships, we create value-added and performance-based solutions that enable a safer and more sustainable future.
We regularly post information to www.albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, SEC filings and other information regarding our company, its businesses and the markets it serves.
About the CEO Water Mandate
The CEO Water Mandate is an initiative of the United Nations Global Compact in partnership with the Pacific Institute, that mobilizes business leaders on water, sanitation, and the Sustainable Development Goals for corporate water stewardship. Endorsers of the Mandate commit to continuous progress against six core elements (direct operations, supply chain and watershed management, collective action, public policy, community engagement and transparency) and in so doing understand and manage their water risks. Established in 2007 the Mandate was created out of the acknowledgement that global water challenges create risk for a wide range of industry sectors, the public sector, local communities and ecosystems alike. For more information, follow @H2O_stewards on Twitter and visit our website at ceowatermandate.org.
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SOURCE Albemarle Corporation | https://www.wibw.com/prnewswire/2022/04/22/albemarle-joins-united-nations-global-compact-ceo-water-mandate/ | 2022-04-22T11:43:22Z |
Delivered $81 million Operating Profit. Extraordinary efforts partly mitigated impact from profound COVID-related disruptions
Sales recovery remains gradual and uneven as COVID outbreaks persist
Full year net new store target unchanged, powered by healthy new store performance
SHANGHAI, July 28, 2022 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today reported unaudited results for the second quarter ended June 30, 2022.
Impact of COVID Outbreak and Mitigation Efforts
The most severe COVID outbreaks to date in China continued to significantly affect the restaurant industry and our operations in the second quarter. According to government statistics, the restaurant industry in China experienced a revenue decline of approximately 16% year over year in the quarter.
- Nationwide, regional COVID outbreaks impacted large portions of the country. During peak outbreak periods, hundreds of millions of people were in some type of lockdown.
- During April and May, over 2,500 of our stores in China, on average, were either temporarily closed or offered only takeaway and delivery services. Of these stores, approximately 45% were temporarily closed. Same-store sales declined by more than 20% year over year.
- Shanghai was in city-wide lockdown throughout April and May. During this period, only approximately 30% of our stores in Shanghai were open and able to offer limited services. Closed stores gradually re-opened in June with dine-in services resuming at reduced capacity in late June.
- Beijing tightened COVID control measures in May, including partial lockdowns and suspension of restaurant dine-in services. Dine-in services at reduced capacity subsequently resumed in early June.
- In June, COVID-related restrictive measures began to ease across the country. The number of stores temporarily closed or offering only takeaway and delivery services reduced to approximately 800 by the end of the month. Sales performance improved sequentially with same-store sales recording a decline of approximately high single digits year over year.
Yum China demonstrated exemplary resilience in the second quarter. In cities experiencing lockdowns, we reacted quickly by innovating and introducing initiatives to sustain operations. We immediately paused all promotional activities. Leveraging community purchasing as early as mid-March and packaged food products, we captured sharply changed consumer demand despite having a limited number of open stores and significant staff shortages. Our real-time inventory visibility from logistics centers to stores helped enable us to lessen supply disruptions with timely and accurate deployment of raw materials. We continued to rebase our cost structure to be more flexible. Across the country, we took prompt actions to rationalize advertising and promotional discounts, drive productivity gains with simplified menu offerings and shortened operating hours, as well as actively secure relief from landlords and government agencies. Through these extraordinary efforts we averted an operating loss, and delivered a profitable quarter, recording $81 million in operating profit for the period.
Entering the third quarter, we are seeing a gradual recovery. However, the COVID situation remains tenuous with potential intermittent outbreaks. We continue to expect the recovery of restaurant traffic to take time and likely be uneven and nonlinear. The number of cases has increased significantly in July, compared to June, as the highly transmissible new COVID sub-variant reached more cities. Many cities across a large swath of China have tightened COVID curbs or undergone full, partial lockdowns, or district-based control measures as new clusters have emerged. Nationwide, strict COVID-related health measures continue to restrict mobility, curtail travel and dampen consumer spending. As of the third week of July, approximately 2% of our stores remained temporarily closed or offered only delivery or takeaway services. Against this backdrop we remain committed to driving customer traffic with good food at great value. Moreover, we have developed multiple scenario-based operating plans with regional focus that are ready to be deployed. Moving forward we will be sharp-eyed in capturing consumer demand and further strengthening our business model to be more nimble and agile.
Second Quarter Highlights
- Total revenues decreased 13% year over year to $2.13 billion from $2.45 billion (an 11% decrease excluding foreign currency translation ("F/X")).
- Total system sales decreased 16% year over year, with decreases of 15% at KFC and 14% at Pizza Hut, excluding F/X, primarily due to same-store sales decline and temporary store closures.
- Same-store sales decreased 16% year over year, with decreases of 16% at KFC and 15% at Pizza Hut, excluding F/X.
- Opened 53 net new stores during the quarter; total store count reached 12,170 as of June 30, 2022.
- Restaurant margin was 12.1%, compared with 15.8% in the prior year period, primarily due to sales deleveraging resulting from the most severe COVID-related disruptions to date in the quarter.
- Operating Profit decreased 65% year over year to $81 million from $233 million (a 63% decrease excluding F/X).
- Adjusted Operating Profit decreased 65% year over year to $82 million from $237 million (a 63% decrease excluding F/X).
- Effective tax rate was 26.5%.
- Net Income decreased 54% to $83 million from $181 million in the prior year period, primarily due to the decrease in Operating Profit, partially offset by the net gain from our mark-to-market investment in Meituan Dianping.
- Adjusted Net Income decreased 55% to $84 million from $185 million in the prior year period (a 62% decrease excluding the net gains of $16 million and $5 million in the second quarter of 2022 and 2021, respectively, from our mark-to-market equity investments; a 60% decrease if further excluding F/X).
- Diluted EPS decreased 52% to $0.20 from $0.42 in the prior year period.
- Adjusted Diluted EPS decreased 52% to $0.20 from $0.42 in the prior year period (a 61% decrease excluding the net gains from our mark-to-market equity investments in the second quarter of 2022 and 2021, respectively; a 59% decrease if further excluding F/X).
- Results for the current year period include the consolidation of Hangzhou KFC.
CEO and CFO Comments
Joey Wat, CEO of Yum China, commented, "We have been battling the pandemic for the past two and a half years. The second quarter was the most challenging to date. I could not be prouder of the morale and resilience demonstrated by our employees. Our dedicated teams collaborated across brands and functions. We worked around the clock to adapt to rapidly changing market conditions and quickly came up with innovative solutions. Even in the extremely difficult operating environment, we captured new opportunities and strengthened our business along the way. In cities under lockdown, we were able to sustain operations with an extremely lean work force through community purchasing, simplified menus and packaged food products. Some of these measures helped us think outside the box and provided us ideas to further grow and improve efficiency. I am also excited by the breakthroughs our emerging brands achieved during this period. By immediately launching packaged food offerings, leveraging Yum China's infrastructure and adapting business models, Taco Bell, Lavazza and Little Sheep were able to capture meaningful sales with few stores open in Shanghai during lockdown periods. More importantly, throughout the period we have been strengthening our strong emotional connection with consumers and bringing some joy into their lives through good food and exciting marketing campaigns."
Wat added, "We continue to make strides in reinforcing our RGM (Resilience-Growth-Moat) strategic framework. Our second quarter results have demonstrated business resilience. While we slowed new store openings in the second quarter, going forward we intend to expand our store network at a robust pace by focusing on small store formats, given the healthy payback and strong new unit economics. Our leading digital capabilities, in-house and tailor-made supply chain management system as well as hybrid delivery model gave us an edge in navigating the profound disruptions. We plan on further strengthening these elements of our strategic moat. We believe that these combined efforts will help enable us to maintain market leadership, drive long-term growth, and generate shareholder value in the years ahead."
Andy Yeung, CFO of Yum China, stated "Sales in the second quarter were severely impacted by the significant disruptions brought by COVID. However, we were able to generate meaningful profit in the quarter that exceeded our expectations. We achieved that through swiftly adjusting offers and promotions as well as our tremendous efforts in driving productivity gains, securing one-time relief and rebasing the cost structure. As we look into the third quarter, we remain cautious on same-store sales, given COVID uncertainties, weakening consumer sentiment, downward economic pressure and commodity price inflation. We expect sales recovery to be gradual, uneven and potentially volatile. Our focus is to drive sales recovery through innovative products and marketing, strong value propositions and greater promotional activities. We are delighted with the better than planned cost savings in the second quarter, but we are dialing back some austerity measures to sustain long term growth and operational excellence. In addition, sales deleveraging impact will likely continue to impact our margins. Undeterred by the short-term challenges, we remain confident about our long-term prospects and will continue to invest for growth while fortifying resilience."
Share Repurchases and Dividends
- During the second quarter, we repurchased approximately 4.1 million shares of Yum China common stock for $168 million at an average price of $41.37 per share. As of June 30, 2022, approximately $1.2 billion remained available for future share repurchases under the current authorization.
- The Board of Directors declared a cash dividend of $0.12 per share on Yum China's common stock, payable on September 15, 2022 to shareholders of record as of the close of business on August 25, 2022.
Digital and Delivery
- The KFC and Pizza Hut loyalty programs exceeded 385 million members combined, as of quarter-end. Member sales accounted for approximately 62% of system sales in the second quarter of 2022.
- Delivery contributed approximately 38% of KFC and Pizza Hut's Company sales in the second quarter of 2022, an increase of approximately eight percentage points from the prior year period as a result of more severe outbreaks in the quarter which significantly impacted dine-in occasions and drove strong demand for delivery.
- Digital orders, including delivery, mobile orders and kiosk orders, accounted for approximately 89% of KFC and Pizza Hut's Company sales in the second quarter of 2022.
New-Unit Development and Asset Upgrade
- The Company opened 246 gross new stores, or 53 net new stores in the second quarter of 2022, mainly driven by development of the KFC and Pizza Hut brands.
- The Company remodeled 121 stores in the second quarter of 2022.
Restaurant Margin
- Restaurant margin was 12.1% in the second quarter of 2022, compared with 15.8% in the prior year period, primarily attributable to sales deleveraging, inflation in commodity, wage and utility costs, as well as increased rider cost associated with rising delivery volume, partially offset by higher productivity as well as temporary relief provided by landlords and government agencies.
2022 Outlook
Yum China remains focused on capturing long-term opportunities in China. The Company's fiscal year 2022 targets remain unchanged from those originally disclosed on February 8, 2022:
- To open approximately 1,000 to 1,200 net new stores.
- To make capital expenditures in the range of approximately $800 million to $1 billion.
Other Updates
- In June 2022, Yum China submitted for validation the Company's near-term science-based greenhouse gas emissions reduction targets to the Science Based Target Initiative ("SBTi"). The specific targets, in line with criteria and recommendations of SBTi, are expected to be announced before the end of 2022 following official approval from SBTi. The targets will provide a clearly defined pathway for Yum China to reach its goal of net-zero value chain GHG emissions by 2050. The Company also published its 2021 Sustainability Report and its first Task Force on Climate-Related Financial Disclosures ("TCFD") report. Both reports are accessible on the Company's website at www.yumchina.com/respIndex.
- In July 2022, Yum China announced the commencement of construction of its Jiading Supply Chain Management Center in Shanghai with a total investment of approximately $90 million. This facility is Yum China's largest greenfield supply chain center project to date and will serve as the headquarters of the Company's supply chain operations. Completion is anticipated in 2024. This latest project is part of Yum China's continued effort in expanding supply chain network to support store and portfolio growth as well as enhance intelligent supply chain operations that ensure food safety and quality management throughout the value chain.
Note on Non-GAAP Adjusted Measures
Reported GAAP results include Special Items, which are excluded from non-GAAP adjusted measures. Special Items are not allocated to any segment and therefore only impact reported GAAP results of Yum China. See "Reconciliation of Reported GAAP Results to Non-GAAP Adjusted Measures" within this release.
Conference Call
Yum China's management will hold an earnings conference call at 8:00 p.m. U.S. Eastern Time on Thursday, July 28, 2022 (8:00 a.m. Beijing/Hong Kong Time on Friday, July 29, 2022).
A live webcast of the call may be accessed at https://edge.media-server.com/mmc/p/p39fxxya.
To join by phone, please register in advance of the conference through the link provided below. Upon registering, you will be provided with participant dial-in numbers, a passcode and a unique access PIN.
Pre-registration Link: https://s1.c-conf.com/diamondpass/10023458-dhsy7e.html
A replay of the conference call will be available one hour after the call ends until Thursday, August 4, 2022 and may be accessed by phone at the following numbers:
U.S.: 1 855 883 1031
Mainland China: 400 1209 216
Hong Kong: 800 930 639
U.K.: 0800 031 4295
Replay PIN: 10023458
Additionally, this earnings release, the accompanying slides, a live webcast and an archived webcast of this conference call will be available at Yum China's Investor Relations website at http://ir.yumchina.com.
For important news and information regarding Yum China, including our filings with the U.S. Securities and Exchange Commission and the Hong Kong Stock Exchange, visit Yum China's Investor Relations website at http://ir.yumchina.com. Yum China uses this website as a primary channel for disclosing key information to its investors, some of which may contain material and previously non-public information.
Forward-Looking Statements
This press release contains "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, including under "2022 Outlook." We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as "expect," "expectation," "believe," "anticipate," "may," "could," "intend," "belief," "plan," "estimate," "target," "predict," "project," "likely," "will," "continue," "should," "forecast," "outlook", "commit" or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements include, without limitation, statements regarding the future strategies, growth, business plans, investment, dividend and share repurchase plans, earnings, performance and returns of Yum China, anticipated effects of population and macroeconomic trends, the expected impact of the COVID-19 pandemic, the anticipated effects of our innovation, digital and delivery capabilities and investments on growth and beliefs regarding the long-term drivers of Yum China's business. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements, including, without limitation: whether we are able to achieve development goals at the times and in the amounts currently anticipated, if at all, the success of our marketing campaigns and product innovation, our ability to maintain food safety and quality control systems, changes in public health conditions, including the COVID-19 pandemic and regional outbreaks caused by existing or new COVID-19 variants, our ability to control costs and expenses, including tax costs, as well as changes in political, economic and regulatory conditions in China. In addition, other risks and uncertainties not presently known to us or that we currently believe to be immaterial could affect the accuracy of any such forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.
About Yum China Holdings, Inc.
Yum China Holdings, Inc. is a licensee of Yum! Brands in mainland China. It has exclusive rights in mainland China to KFC, China's leading quick-service restaurant brand, Pizza Hut, the leading casual dining restaurant brand in China, and Taco Bell, a California-based restaurant chain serving innovative Mexican-inspired food. Yum China also owns the Little Sheep, Huang Ji Huang and COFFii & JOY concepts outright. In addition, Yum China has partnered with Lavazza to explore and develop the Lavazza coffee shop concept in China. The Company had 12,170 restaurants in over 1,700 cities at the end of June 2022.
In 2021, Yum China was selected as a member of both Dow Jones Sustainability Indices (DJSI): World Index and Emerging Market Index. In 2022, Yum China ranked # 359 on the Fortune 500 list. The Company was also named to the Bloomberg Gender-Equality Index and was certified as a Top Employer 2022 in China by the Top Employers Institute, both for the fourth consecutive year. For more information, please visit http://ir.yumchina.com.
In this press release:
- The Company provides certain percentage changes excluding the impact of foreign currency translation ("F/X"). These amounts are derived by translating current year results at prior year average exchange rates. We believe the elimination of the F/X impact provides better year-to-year comparability without the distortion of foreign currency fluctuations.
- System sales growth reflects the results of all restaurants regardless of ownership, including Company-owned, franchise and unconsolidated affiliate restaurants that operate our restaurant concepts, except for non-Company-owned restaurants for which we do not receive a sales-based royalty. Sales of franchise and unconsolidated affiliate restaurants typically generate ongoing franchise fees for the Company at an average rate of approximately 6% of system sales. Franchise and unconsolidated affiliate restaurant sales are not included in Company sales in the Condensed Consolidated Statements of Income; however, the franchise fees are included in the Company's revenues. We believe system sales growth is useful to investors as a significant indicator of the overall strength of our business as it incorporates all of our revenue drivers, Company and franchise same-store sales as well as net unit growth.
- Effective January 1, 2018, the Company revised its definition of same-store sales growth to represent the estimated percentage change in sales of food of all restaurants in the Company system that have been open prior to the first day of our prior fiscal year, excluding the period during which stores are temporarily closed. We refer to these as our "base" stores. Previously, same-store sales growth represented the estimated percentage change in sales of all restaurants in the Company system that have been open for one year or more, including stores temporarily closed, and the base stores changed on a rolling basis from month to month. This revision was made to align with how management measures performance internally and focuses on trends of a more stable base of stores.
- Company sales represent revenues from Company-owned restaurants. Company Restaurant profit ("Restaurant profit") is defined as Company sales less expenses incurred directly by our Company-owned restaurants in generating Company sales. Company restaurant margin percentage is defined as Restaurant profit divided by Company sales.
Reconciliation of Reported GAAP Results to Non-GAAP Adjusted Measures
(in millions, except per share data)
(unaudited)
In addition to the results provided in accordance with U.S. Generally Accepted Accounting Principles ("GAAP") in this press release, the Company provides non-GAAP measures adjusted for Special Items, which include Adjusted Operating Profit, Adjusted Net Income, Adjusted Earnings Per Common Share ("EPS"), Adjusted Effective Tax Rate and Adjusted EBITDA, which we define as net income including noncontrolling interests adjusted for equity in net earnings (losses) from equity method investments, income tax, interest income, net, investment gain or loss, certain non-cash expenses, consisting of depreciation and amortization as well as store impairment charges, and Special Items.
The following table set forth the reconciliation of the most directly comparable GAAP financial measures to the non-GAAP adjusted financial measures.
Net income, along with the reconciliation to Adjusted EBITDA, is presented below:
Details of Special Items are presented below:
(1) In February 2020, the Company granted Partner PSU Awards to select employees who were deemed critical to the Company's execution of its strategic operating plan. These PSU awards will only vest if threshold performance goals are achieved over a four-year performance period, with the payout ranging from 0% to 200% of the target number of shares subject to the PSU awards. Partner PSU Awards were granted to address increased competition for executive talent, motivate transformational performance and encourage management retention. Given the unique nature of these grants, the Compensation Committee does not intend to grant similar, special grants to the same employees during the performance period. The impact from these special awards is excluded from metrics that management uses to assess the Company's performance. The Company recognized share-based compensation expense of $1 million and $3 million associated with the Partner PSU Awards for the quarter and year to date ended June 30, 2022, respectively, and $4 million and $7 million for the quarter and year to date ended June 30, 2021.
(2) The tax expense was determined based upon the nature, as well as the jurisdiction, of each Special Item at the applicable tax rate.
The Company excludes impact from Special Items for the purpose of evaluating performance internally. Special Items are not included in any of our segment results. In addition, the Company provides Adjusted EBITDA because we believe that investors and analysts may find it useful in measuring operating performance without regard to items such as equity in net earnings (losses) from equity method investments, income tax, interest income, net, investment gain or loss, depreciation and amortization, store impairment charges, and Special Items. Store impairment charges included as an adjustment item in Adjusted EBITDA primarily resulted from our semi-annual impairment evaluation of long-lived assets of individual restaurants, and additional impairment evaluation whenever events or changes in circumstances indicate that the carrying value of the assets may not be recoverable. If these restaurant-level assets were not impaired, depreciation of the assets would have been recorded and included in EBITDA. Therefore, store impairment charges were a non-cash item similar to depreciation and amortization of our long-lived assets of restaurants. The Company believes that investors and analyst may find it useful in measuring operating performance without regard to such non-cash item.
These adjusted measures are not intended to replace the presentation of our financial results in accordance with GAAP. Rather, the Company believes that the presentation of these adjusted measures provides additional information to investors to facilitate the comparison of past and present results, excluding those items that the Company does not believe are indicative of our ongoing operations due to their nature.
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SOURCE Yum China Holdings, Inc. | https://www.kxii.com/prnewswire/2022/07/28/yum-china-reports-second-quarter-2022-results/ | 2022-07-28T22:11:44Z |
NEW YORK, April 5, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Tivity Health, Inc. ("Tivity" or the "Company") (NASDAQ: TVTY), in connection with the proposed acquisition of the Company by funds managed by Stone Point Capital. Under the terms of the merger agreement, the Company's shareholders will receive $32.50 in cash for each share of Tivity common stock owned. The transaction is valued at $2 billion.
If you own Tivity shares and wish to discuss this investigation or have any questions concerning this notice or your rights or interests, visit our website:
https://www.weisslaw.co/news-and-cases/tvty
Or please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Weiss Law is investigating whether (i) Tivity's board of directors acted in the best interests of Company shareholders in agreeing to the proposed transaction, (ii) the $32.50 per-share merger consideration adequately compensates Tivity's shareholders, and (iii) all information regarding the sales process and valuation of the transaction will be fully and fairly disclosed. Notably, at least one analyst set a price target for the Company of $35 per share, $2.50 above the per-share merger consideration.
Weiss Law has litigated hundreds of stockholder class and derivative actions for violations of corporate and fiduciary duties. We have recovered over a billion dollars for defrauded clients and obtained important corporate governance relief in many of these cases. If you have information or would like legal advice concerning possible corporate wrongdoing (including insider trading, waste of corporate assets, accounting fraud, or materially misleading information), consumer fraud (including false advertising, defective products, or other deceptive business practices), or anti-trust violations, please email us at stockinfo@weisslawllp.com.
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SOURCE WeissLaw LLP | https://www.mysuncoast.com/prnewswire/2022/04/06/shareholder-alert-weiss-law-investigates-tivity-health-inc/ | 2022-04-06T06:06:02Z |
NORCROSS, Ga., Aug. 3, 2022 /PRNewswire/ -- August is National Minority Donor Awareness Month (NMDAM). NMDAM is a collaborative effort by the National Organ, Eye and Tissue Donation Multicultural Action Group (NMAG) to save and improve the quality of life of diverse communities by creating a positive culture for organ, eye and tissue donation. National Minority Donor Awareness Month grew from National Minority Donor Awareness Week, founded in 1996 by the National Minority Organ Tissue Transplant Education Program and Clive Callender, M.D., to bring heightened awareness to health disparities, and organ donation and transplantation's impact in minority communities.
The national transplant waiting list currently stands at more than 100,000 people, with more than 60% of those waiting representing racial and ethnic minorities. 17 people die every day waiting for a transplant.1
The need for donation and transplant is more pronounced in minority communities where disproportionately higher rates of diabetes, high blood pressure and heart disease contribute to organ failure, especially kidney failure. African Americans are three times more likely than White Americans to have kidney failure. Hispanics are 1.5 times more likely than non-Hispanics to have kidney failure.2
On average, African American/Black transplant candidates wait longer than non-Black transplant candidates for kidney, heart, and lung transplants.3 These healthcare disparities reinforce the need for National Minority Donor Awareness Month education and outreach to help heal and save lives in our communities.
During National Minority Donor Awareness Month, NMAG encourages everyone to elevate the need for more organ, eye and tissue donors within multicultural communities, provide donation education, encourage donor registration, and promote healthy living and disease prevention to decrease the need for transplantation.
Thanks to the generosity of donors and donor families, and the dedication of donation and transplantation professionals, a record number of nearly 41,000 people — including 20,000 from racial and ethnic minorities — received a lifesaving organ transplant in 2021.
To help promote healthy living and disease prevention, NMAG is hosting the 2022 Healthy Living Recipe Contest, which runs from August 1-31.
For contest details, resources, and more information on National Minority Donor Awareness Month, visit nmag1.org. Donation infographic handouts, printable flyers, web banners, and social media graphics are available to the public in both English and Spanish.
You can register your decision to be an organ, eye and tissue donor at your local DMV or in the National Donate Life Registry at RegisterMe.org or in your iPhone Health App.
NMAG members: American Association of Tissue Banks (AATB), American Kidney Fund (AKF), Association for Multicultural Affairs in Transplantation (AMAT), Association of Organ Procurement Organizations (AOPO), Donate Life America (DLA), Eye Bank Association of America (EBAA), Health Resources and Services Administration (HRSA), National Minority Organ Tissue Transplant Education Program (MOTTEP), National Kidney Foundation (NKF), The Links, Incorporated, Transplant Life Foundation, and United Network for Organ Sharing.
1Data from Organ Procurement and Transplantation Network (OPTN) data as of July 29, 2022, https://optn.transplant.hrsa.gov/
2 National Kidney Foundation, as of July 29, 2022, kidney.org
3 SRTR Risk Adjustment Model Documentation: Waiting List Models, accessed July 29, 2022, https://www.srtr.org/reports-tools/waiting-list/
The mission of NMAG is to save and improve the quality of life in diverse multicultural communities by creating a positive culture of donation. This is achieved with the following goals: increase transplantation through organ, eye and tissue donation; increase the number of living organ donors; reduce the rate and need for transplantation through disease prevention education. nmag1.org
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SOURCE Donate Life America | https://www.mysuncoast.com/prnewswire/2022/08/03/one-voice-one-vision-save-heal-lives/ | 2022-08-03T20:53:56Z |
GENEVA, N.Y., May 22, 2022 /PRNewswire/ -- During his Commencement address at Hobart and William Smith Colleges, epidemiologist and HIV/AIDS expert Dr. Christopher Beyrer '81, Sc.D.'22 emphasized the vital role of education and critical thinking in fostering democracy, validating truth and combatting disinformation.
Beyrer, a 1981 HWS graduate, was recently named Director of the Duke University Global Health Institute and is a past president of the International AIDS Society. Reflecting on his COVID-19-related public health work, he noted that alongside "the stark inequalities" that the pandemic "so rapidly exploited and uncovered," it also brought another social ill to the forefront.
"Disinformation led millions of Americans to believe falsehoods, choose unproven (and in several cases dangerous) therapies over clinically tested and effective ones, and led millions to refuse vaccination with some of the safest and most potent vaccines we've ever had," Beyrer said.
"And this," he told graduates, "is why dealing with disinformation and misinformation, unpacking false narratives and recognizing the politicization of evidence are already a signature challenge for your generation. Critical thinking is going to matter more than ever. Your education matters more than ever."
As he concluded, Beyrer advised graduates that "to protect the truth, to protect integrity for yourself and for others.… Democracy cannot thrive in a post-truth world. Neither can nature. And neither can we.… As the saying goes, speak truth to power, and defend that truth. It's your responsibility and it's your right."
During the Commencement ceremony, Beyrer was awarded an honorary doctorate in recognition of his career as a physician and public health advocate, during which he "formed alliances with the leaders of nations and movements, and in so doing…built a global compassion for the suffering of others," as President Joyce P. Jacobsen said while conferring the degree.
During the ceremony, which marked the Bicentennial year of Hobart and William Smith, HWS awarded degrees to 506 undergraduates, 10 Master of Arts in Teaching graduates, the first cohort of 14 Master of Science in Management graduates, and one College Experience Certificate recipient.
Alongside Beyrer, HWS also awarded honorary degrees to William Smith Head Soccer Coach Aliceann Wilber P'13, L.H.D. '22, the winningest coach in Division III Women's Soccer; celebrated singer, songwriter and musician Eric Andersen '65, L.H.D. '22; and President of Ukraine Volodymyr Zelenskyy L.H.D. '22, in absentia.
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SOURCE Hobart and William Smith Colleges | https://www.kxii.com/prnewswire/2022/05/22/epidemiologist-beyrer-tells-hws-graduates-beware-disinformation/ | 2022-05-22T21:23:17Z |
Former General Atomics executive joins high growth defense technology company
ALEXANDRIA, Va., April 11, 2022 /PRNewswire/ -- Today, Parry Labs LLC., a defense technology company, officially announced that it has hired Chris Pehrson as its Chief Growth Officer. Pehrson joins Parry Labs from General Atomics Aeronautical Systems, where he most recently served as Vice President of Special Programs. Pehrson brings with him an extensive background in government and business leadership roles and will drive Parry Labs' growth through strategic planning, business capture, and program growth.
During his tenure at General Atomics, Pehrson held various executive roles in Special Programs and Strategic Development. As Vice President for Special Programs, his responsibilities spanned from profit and loss (P&L) management for multiple lines of business including Advanced Programs, Quick Reaction Capability (QRC) Programs, Commercial Programs, and the Exportable Predator (Predator XP) program. In his previous role as Vice President of Strategic Development, Pehrson led business strategy and capture across General Atomics' full line of unmanned technologies leading to a decade of sustained revenue growth with U.S. government customers.
"We are delighted to have Chris join Parry Labs, as we look to deliver our technology and capabilities to new platforms and programs across the Department of Defense as well as take the lead in modernization initiatives to enable JADC2 and MDO capabilities in key programs," said Chief Executive Officer John Parkes. "Chris brings a tremendous amount of experience in both driving innovation and technology as well as capturing and growing major programs."
"I am thrilled to join the Parry Labs team and excited about their innovative solutions that solve some of the most challenging digital integration demands facing our military today," said the new Chief Growth Officer, Chris Pehrson.
Prior to General Atomics, Pehrson served 24 years in the U.S. Air Force, retiring as a Colonel in 2010. Pehrson holds a Masters in Computer Information Systems from Boston University, a Masters in Logistics from the Air Force Institute of Technology, and a Bachelors in Computer Science from the University of Michigan.
About Parry Labs LLC.
Parry Labs is a defense technology company delivering solutions to U.S. Department of Defense and commercial aerospace companies. Parry Labs is the creator of Stellar Relay, a cloud computing architecture for military platforms across Air, Ground, and Sea. Parry Labs' technology-based system integration approach creates new paradigms for deploying software, maintaining security and and open architecture, while delivering a suite of end-user capabilities for autonomy, artificial intelligence, and software defined networking. Parry Labs has offices in Maryland, Virginia, Alabama, and Texas. For more information about Parry Labs, visit: www.parrylabs.com.
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LinkedIn: https://www.linkedin.com/company/parrylabs/
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SOURCE Parry Labs LLC | https://www.kxii.com/prnewswire/2022/04/11/parry-labs-appoints-chris-pehrson-chief-growth-officer/ | 2022-04-11T14:50:04Z |
PORTLAND, Ore., July 25, 2022 /PRNewswire/ -- Schmitt Industries, Inc. (NASDAQ: SMIT) (the "Company" or "Schmitt") in response to certain questions regarding the announcement of the potential reverse merger (the "Merger") with Proton Green, LLC ("Proton Green") and the spin-off of Schmitt's Ample Hills business (the "Spin-Off") is issuing this press release to provide additional context on the potential transaction.
Michael Zapata, Chairman of the Board, President and CEO of Schmitt Industries commented, "We are excited to announce this potential reverse-merger with Proton Green as we continue to seek paths to maximize value for Schmitt shareholders. The board has evaluated numerous opportunities with various partners in recent months and we believe this potential business combination with Proton Green is the optimal path to continue driving value creation for our combined shareholders and stakeholders.
Zapata continued: "Our recent monetization of real estate assets and consideration of business line divestitures laid the groundwork for this transaction. In connection with this potential transaction, we expect to spin-off the Ample Hills business to current shareholders, giving our investors a pure play and well-capitalized Ample Hills company, while also providing ownership in Proton Green at an attractive valuation. We see both companies as being in the early innings of their growth trajectory. If we enter into a definitive agreement, we will provide further details on financial metrics, structure, and timing of the transaction."
Completion of the Merger is subject to the negotiation of a definitive merger agreement and related documentation, approval of the Merger and issuance of shares related to the Merger by Schmitt's Board of Directors and shareholders, approval of the continued listing by Nasdaq of Schmitt common stock on the Nasdaq Capital Market on a post-Merger basis (which is anticipated to require raising additional financing in connection with the closing of the Merger), the completion of due diligence to the satisfaction of the parties, financing and satisfaction of other conditions that are to be negotiated as part of the merger agreement. Accordingly, there can be no assurance that a merger agreement will be entered into or that the proposed Merger will be consummated. Further, readers are cautioned that those portions of the term sheet that describe the proposed Merger, including the consideration to be issued therein, are non-binding and provide no guarantee that a transaction will be completed. Accordingly, there can be no assurance that Schmitt's efforts to consummate the transactions contemplated by the term sheet will be successful.
About Schmitt Industries
Schmitt Industries, Inc., founded in 1987, designs, manufactures and sells high precision test and measurement products, solutions and services through its Acuity® and Xact® product lines. Acuity provides laser and white light sensor distance measurement and dimensional sizing products, and our Xact line provides ultrasonic-based remote tank monitoring products and related monitoring revenues for markets in the Internet of Things environment. The Company also owns and operates Ample Hills Creamery, a beloved ice cream manufacturer and retailer based in Brooklyn, NY.
About Proton Green
Proton Green, LLC, is a producer of helium and hydrogen, and is building out its position as a large carbon sequestration operator in North America. With operating control over the St. Johns Field, a 152,000 acre property in Apache Country, Arizona, Proton Green controls a helium reservoir and carbon storage basin. Helium remains in short supply and is used to cool magnets in MRI systems, as the temperate of silicon during semiconductor manufacturing, for space and satellite system applications, as well as in many other critical technologies. Carbon capture and sequestration is fast becoming a climate imperative, and Proton Green has the ability to inject up to 22 million metric tons of CO2 per year at its primary basin, and over one billion tons of total storage capacity. For more information, please see Proton Green's website at: www.protongreen.com.
Safe Harbor Statement
This document may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict. Actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements due to numerous factors. The forward-looking statements in this press release speak only as of the date of this press release. Schmitt expressly disclaims any obligation or undertaking to release publicly any updates or revisions to such statements to reflect any change in its expectations with regard thereto or any changes in the events, conditions or circumstances on which any such statement is based. A complete discussion of the risks and uncertainties that may affect Schmitt's business, including the business of its subsidiary, is included in "Risk Factors" in the Company's most recent Annual Report on Form 10-K as filed by the Company with the Securities and Exchange Commission.
Media & Investor Contacts:
Schmitt Industries
Michael R. Zapata, Chairman, President and CEO
Philip Bosco, CFO and Treasurer
(503) 227-7908
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SOURCE Schmitt Industries, Inc. | https://www.wibw.com/prnewswire/2022/07/25/schmitt-industries-comments-potential-transaction-with-proton-green/ | 2022-07-25T13:04:55Z |
School police chief a no-show at Uvalde City Council meeting
UVALDE, Texas (AP) — The school district police chief criticized for waiting too long before ordering law enforcement to confront and kill the gunman during a mass shooting at a Texas elementary school did not appear at a City Council meeting in Uvalde on Tuesday, despite being newly elected to the panel.
Mayor Don McLaughlin said he was unable to explain why district police Chief Pete Arredondo wasn’t at the brief meeting. Two weeks ago, 19 students and two teachers were killed at Robb Elementary School in Uvalde. Law enforcement and state officials have struggled to present an accurate timeline and details, and have stopped releasing information about the police response.
McLaughlin told reporters at the meeting that he was frustrated with the lack of information.
“We want facts and answers, just like everybody else,” the mayor said.
Steven McCraw, the head of the Texas Department of Public Safety, has said Arredondo, who was in charge of the multi-agency response on May 24, made the “wrong decision” to not order officers to breach the classroom more quickly to confront the gunman.
As the mayor spoke in Uvalde on Tuesday, lawmakers in Washington heard testimony from the son of a woman who was killed in a recent mass shooting in Buffalo, New York, as lawmakers work toward a bipartisan agreement on gun safety measures. And at a White House press briefing, actor Matthew McConaughey, a Uvalde native, spoke with passion about his conversations with the families of the children who were killed and the need for more stringent gun control.
The gunman, 18-year-old Salvador Ramos, spent roughly 80 minutes inside Robb Elementary, and more than an hour passed from when the first officers followed him into the building and when he was killed, according to an official timeline. In the meantime, parents outside begged police to rush in and panicked children called 911 from inside.
Arredondo has not responded to repeated interview requests and questions from The Associated Press.
After the City Council meeting, Alfred Garza III, whose 10-year-old daughter, Amerie Jo, was among the Uvalde students killed, told reporters that he attended the meeting to see what else he could learn about what happened that day.
“I have so many questions and not every one can be answered. They’re still collecting data, they’re still collecting information on what happened,” Garza said.
He said he had been curious as to whether Arredondo would attend the meeting, and said he had “mixed feelings” about the district police chief’s absence.
“He obviously didn’t show up for a reason,” Garza said, adding that he assumed Arredondo thought if he did appear he would get a lot of questions.
Garza said he doesn’t have “a lot of ill will” toward Arredondo, nor does he blame just one person for what happened, but he does think more could have been done that day.
“They did take a long time to get in there,” Garza said.
Since the shooting, there have been tensions between state and local authorities over how police handled the shooting and communicated what happened to the public.
The Texas Department of Public Safety has begun referring questions about the investigation to the Uvalde-area district attorney, Christina Mitchell Busbee. She hasn’t responded to repeated interview requests and questions from AP.
McLaughlin said he has asked officials for a briefing but “we’re not getting it.”
He said the city’s police chief was on vacation at the time of the shooting and that the acting city police commander was on the scene.
___
More on the school shooting in Uvalde, Texas: https://apnews.com/hub/uvalde-school-shooting
___
Stengle reported from Dallas.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/06/07/school-police-chief-no-show-uvalde-city-council-meeting/ | 2022-06-08T00:44:13Z |
Idaho governor faces Trump-backed candidate in GOP primary
BOISE, Idaho (AP) — Republican Gov. Brad Little is fighting back a primary challenge on Tuesday from his lieutenant governor, Janice McGeachin, a Donald Trump-backed candidate who twice attempted a power grab last year when Little was out of state on business.
The intraparty contest between Little and McGeachin is an extreme example of the choice GOP voters face nationwide as Idaho’s ascendant far-right tries to take the state’s highest post and expand legislative gains.
Little was attending a Republican Governors Association meeting in Tennessee last May when McGeachin issued an executive order banning mask mandates. Little quickly rescinded the order and decried her actions as an “irresponsible, self-serving political stunt.” He had never issued statewide COVID-19 mask mandates, instead saying that local officials should be able to do what they see fit.
She tried it again a few months later when Little was away, issuing an executive order that expanded on a directive that no Idaho government could require vaccine passports. She sought to add K-12 schools and universities to the ban.
McGeachin accused Little, the first-term governor, of rejecting conservative principles, writing on Twitter that “protecting individual liberty means fighting against tyranny at ALL levels of government.”
Republicans are almost guaranteed of winning in the general election as Democrats haven’t held the governor’s office since 1995 or statewide office since 2007. Republicans hold supermajorities in the House and Senate, and Democrats aren’t even contesting more than half of the Legislature’s 105 seats.
Little, a rancher from southwest Idaho, served as lieutenant governor from 2009 to 2019 before becoming governor. He touts the record $600 million income tax cut he signed earlier this year that includes a one-time $350 million in rebates and $250 million in permanent income tax reductions going forward for people and businesses.
The 68-year-old Little also highlights his “Leading Idaho” plan that includes a record $300 million education spending increase, plus spending $200 million ongoing for roads and bridges, the largest ever increase for transportation.
At the start of the coronavirus pandemic in 2020, he issued a temporary stay-at-home order as patients overwhelmed some hospitals and health care workers became ill. It worked, slowing the spread of the disease and reducing deaths while the state ramped up defenses. But unemployment spiked, and some of Little's fellow Republicans chafed at the restrictions.
One of them is the 59-year-old McGeachin, who has leveraged Little's pandemic response into a campaign issue. In Idaho, the governor and lieutenant governor in Idaho run on separate tickets, so the two were not aligned when they won their races in 2018.
Little has since taken the position that McGeachin is not acting governor when he's out of state. McGeachin has complained Little is incorrectly interpreting the Idaho Constitution, but she hasn't made a court challenge.
Little has a long string of endorsements, including from the Idaho Fraternal Order of Police. Meanwhile, a group of retired Idaho county sheriffs and police recently formed a political action committee to oppose McGeachin because of her courting of antigovernment and anti-law enforcement groups such as the Three Percenters militia group. Earlier this year, she delivered a taped speech to the America First Political Action Conference, a white nationalist gathering.
But McGeachin has, and frequently touts, an endorsement by Trump, who won Idaho with 64% of the vote in the last general election. McGeachin has also promoted Trump's lies that the 2020 election was stolen from him through mass voter fraud. | https://localnews8.com/politics/idaho-politics/2022/05/17/idaho-governor-faces-trump-backed-candidate-in-gop-primary-2/ | 2022-05-17T16:23:26Z |
SÃO PAULO, July 13, 2022 /PRNewswire/ -- GOL Linhas Aéreas Inteligentes S.A. (NYSE: GOL and B3: GOLL4), Brazil's largest domestic airline, announces today preliminary air traffic figures for the month of June 2022, compared to the same period in 2021.
Highlights:
- GOL's total supply (ASK) increased 68.6%. Total seats increased 74.1% and the number of departures increased by 79.6%. GOL's total demand (RPK) increased by 54% and the load factor was 76.7%.
- GOL's domestic supply (ASK) increased 55.9% and demand (RPK) increased by 40.6%. GOL's domestic load factor was 75.7%. The volume of departures increased by 73.9% and seats increased by 68.6%.
- GOL's international supply (ASK) was 223 million, the demand (RPK) was 198 million and international load factor was 88.6%.
June/22 Preliminary Traffic Figures:
GOL Investor Relations
ri@voegol.com.br
www.voegol.com.br/ir
+55 (11) 2128-4700
About GOL Linhas Aéreas Inteligentes S.A. ("GOL")
GOL is Brazil's largest airline, leader in the corporate and leisure segments. Since its founding in 2001, it has been the airline with the lowest unit cost in Latin America, which has enabled the democratization of air transportation. The Company has alliances with American Airlines and Air France-KLM, in addition to making available to Customers many codeshares and interline agreements, bringing more convenience and ease of connections to any place served by these partnerships. With the purpose of "Being First for Everyone", GOL offers the best travel experience to its passengers, including: the largest inventory of seats and the most legroom; the most complete platform with internet, movies, and live TV; and the best loyalty program, SMILES. In cargo transportation, GOLLOG delivers parcels to various regions in Brazil and abroad and has a partnership with Mercado Livre. The Company has a team of 14,000 highly qualified airline professionals focused on Safety, GOL's number one value, and operates a standardized fleet of 142 Boeing 737 aircraft. GOL's shares are traded on the NYSE (GOL) and the B3 (GOLL4). For further information, visit www.voegol.com.br/ri.
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SOURCE GOL Linhas Aéreas Inteligentes S.A. | https://www.mysuncoast.com/prnewswire/2022/07/14/gol-discloses-preliminary-traffic-figures-june-2022/ | 2022-07-14T06:16:51Z |
Biden to highlight U.S. chip production — in South Korea
SEOUL, South Korea (AP) — President Joe Biden will open his trip to Asia with a focus on the U.S. tech sector, touring a Samsung computer chip plant on Friday that will serve as model for a $17 billion semiconductor factory that the Korean electronics company is building outside Austin, Texas.
The visit is also a nod to one of Biden’s key domestic priorities of increasing the supply of computer chips. A semiconductor shortage last year hurt the availability of autos, kitchen appliances and other goods. This supply crunch caused higher inflation that has crippled Biden’s public approval and caused his administration to focus on increasing domestic manufacturing.
Biden will grapple with a multitude of foreign policy issues during his six-day visit to South Korea and Japan, but he also crafted an itinerary clearly meant to tend to the concerns of his home audience as well.
Previewing the trip aboard Air Force One, White House national security adviser Jake Sullivan said Samsung’s investment in Texas will mean “good-paying jobs for Americans and, very importantly, it will mean more supply chain resilience.”
Greeting Biden at the plant in South Korea will be the country’s new president, Yoon Suk Yeol, and Samsung Electronics Vice Chairman Lee Jae-yong. Yoon is a political newcomer who became president, his first elected office, slightly more than a week ago. He campaigned on taking a tougher stance against North Korea and strengthening the 70-year alliance with the U.S.
Part of the computer chip shortage is the result of strong demand as much of the world emerged from the coronavirus pandemic. But coronavirus outbreaks and other challenges also caused the closure of semiconductor plants. U.S. government officials have estimated that chip production will not be at the levels they would like until early 2023.
Global computer chip sales totaled $151.7 billion during the first three months of this year, a 23% jump from the same period in 2021, according to the Semiconductor Industry Association.
More than 75% of global chip production comes from Asia. That’s a possible vulnerability the U.S. hopes to protect against through more domestic production and government investment in the sector through a bill being negotiated in Congress.
The risk of Chinese aggression against Taiwan could possibly cut off the flow of high-end computer chips that are needed in the U.S. for military gear as well as consumer goods. Similarly, the hermetic North Korea has been test-firing ballistic missiles amid a coronavirus outbreak, a possible risk to South Korea’s manufacturing sector should the brinksmanship escalate.
In terms of chip production, China leads the global pack with a 24% share, followed by Taiwan (21%), South Korea (19%) and Japan (13%). Only 10% of chips are made in the U.S., according to the Semiconductor Industry Association.
Samsung announced the Texas-based plant in November of last year. It hopes to begin operations in the second half of 2024. The South Korean electronics giant chose the site based on a number of factors, including government incentives and the “readiness and stability” of local infrastructure.
In addition to Samsung, Biden has also been highlighting in his recent speeches an announcement by the U.S. firm Intel to build a semiconductor plant near Columbus, Ohio.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/05/20/biden-highlight-us-chip-production-south-korea/ | 2022-05-20T06:43:46Z |
BEIJING, June 24, 2022 /PRNewswire/ -- To celebrate the 25th anniversary of Hong Kong's return to the motherland, the TV documentary channel of China Global Television Network (CGTN) and Radio The Greater Bay at FM 102.8, both China Media Group (CMG) productions, will start broadcasting in the Hong Kong Special Administrative Region (HKSAR) on July 1, with the launch ceremony held in Beijing, China, on Friday.
The two programs will join those already on air in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), including CCTV-1, CCTV-4, CCTV-11, CCTV-13, and CGTN English TV Channel, to explore and exhibit fascinating Chinese stories.
Chief executive of Hong Kong Special Administrative Region (HKSAR) Carrie Lam and CMG president Shen Haixiong delivered speeches at the launch ceremony, joined by Le Yucheng, deputy director of National Radio and Television Administration, Wang Linggui, deputy director of the Hong Kong and Macao Affairs Office of the State Council, Lu Xinning, deputy director of the Liaison Office of the Central People's Government in the HKSAR, and others.
Lam addressed via video and said that the "One Country, Two Systems" principle has stood the test of time, and that since reunification 25 years ago, so has Hong Kong's integration into national development. CMG's fast growing presence on the global stage in recent years has enabled Chinese culture and brands to go global. With CMG's CGTN Documentary TV Channel and Radio The Greater Bay going live, it will help people in Hong Kong better relate to mainland compatriots. She hoped that CMG would enhance coverage of people's life in Hong Kong, as well as the integrated development in a multi-faceted, multi-layered sense.
Shen said that the two programs due to broadcast on July 1 will better inform compatriots in Hong Kong about national policies and development strategy, in the hope that Hong Kong continues to join the mainland for development. For CMG, it is imperative to shine a light on Hong Kong stories to fully uncover the charm of the city by inheriting traditional Chinese culture and striving for innovation and give a stronger impetus to the steady and sustained implementation of "One country, Two systems".
Le Yucheng praised CMG for producing and broadcasting many excellent works reflecting the major achievements of national development and Hong Kong's reform, and CMG's contribution to maintaining social stability. "We sincerely hope that the media on the mainland and in Hong Kong will seize the opportunity of historical development, be the recorder, witnesses to open a new chapter of Hong Kong."
Wang Linggui said in his speech that he believed that CMG's presence in Hong Kong will help guide the Hong Kong community to understand and implement the principle of "One country, Two systems" fully and accurately.
Lu Xinning who spoke via video stressed on CMG's importance to news coverage and cultural dissemination in Hong Kong. Lu believed that the CMG's work will further promote Hong Kong residents to find common emotional memories.
Chen Jianwen, Director of the Publicity Department of the Central Committee of the CPC expressed his expectation of CMG to continue to play the role of mainstream media, lead media at all levels and of all types to deepen the connectivity, to show the charm, vitality, and attractiveness of the Greater Bay Area in an all-round and multi-level way.
Also at the launch, CMG unveiled the theme song of the 25th anniversary of Hong Kong's return to the motherland, "Heading Forward", and introduced a Cantonese-speaking radio drama about a group of inspiring youths from the mainland and Hong Kong.
Link: https://youtu.be/YpEBcr2Fz78
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SOURCE CCTV+ | https://www.wibw.com/prnewswire/2022/06/24/cgtn-documentary-radio-greater-bay-go-live-hong-kong/ | 2022-06-24T16:54:27Z |
ARLINGTON, Texas, June 7, 2022 /PRNewswire/ -- With heart disease being the leading cause of death in the United States, Texas Health Resources is addressing the problem with quality, science-based guidelines for treating heart attack patients. This focus on quality care helped eight Texas Health facilities earn this year's American College of Cardiology's National Cardiovascular Data Registry (NCDR) Chest Pain – MI Registry Performance Achievement Award.
"This award recognizes our commitment to compassionately addressing the needs of cardiac patients and partnering with North Texans for a lifetime of health and well-being," said Kirk King, executive vice president and Hospital Channel chief operating officer. "Our motivation is solely driven by the desire to provide patients with quality care and essential resources to get them back to enjoying life."
The national award annually recognizes hospitals providing a high standard of care for patients suffering a heart attack, which is when a blood clot in a coronary artery blocks blood flow to the heart.
"North Texans should be empowered with education and awareness when it comes to serious medical conditions, including heart attacks," said Sunita Koshy-Nesbitt, M.D., M.B.A., Hospital Channel chief quality officer and a clinical cardiac electrophysiologist. "When we lose one life after choosing to ignore the signs and symptoms of heart disease, that's one too many. We're committed to providing North Texans with quality cardiac care they need and deserve."
Eight of the more than 400 facilities recognized this year are Texas Health hospitals:
Platinum Performance Achievement Award recipients
- Texas Health Harris Methodist Hospital Fort Worth
- Texas Health Harris Methodist Hospital Hurst-Euless-Bedford
- Texas Health Harris Methodist Hospital Southwest Fort Worth
- Texas Health Heart & Vascular Hospital Arlington (joint venture)
- Texas Health Presbyterian Hospital Plano
Silver Performance Achievement Award recipients
- Texas Health Harris Methodist Hospital Alliance
- Texas Health Presbyterian Hospital Dallas
- Texas Health Presbyterian Hospital Denton
To learn more click on heart and vascular services (https://www.texashealth.org/Health-and-Wellness/Heart-and-Vascular/Heart-Health-and-Wellness)
About Texas Health Resources:
Texas Health Resources is a faith-based, nonprofit health system that cares for more patients in North Texas than any other provider. With a service area that consists of 16 counties and more than 7 million people, the system is committed to providing quality, coordinated care through its Texas Health Physicians Group and 29 hospital locations. The system has more than 4,100 licensed hospital beds, 6,400 physicians with active staff privileges and more than 26,000 employees.
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SOURCE Texas Health Resources | https://www.wibw.com/prnewswire/2022/06/07/texas-health-earns-national-cardiac-care-awards/ | 2022-06-07T15:40:57Z |
Teen fatally shot during cell phone sale, police say
LONG BEACH, Calif. (Gray News) - A suspect is in custody after California police say a 15-year-old was shot multiple times and killed during a meeting to buy a cell phone.
Police identified the victim as 15-year-old Joshua Simmons in a news release. Officers responding to a report of shots fired around 9:30 p.m. Friday found Simmons suffering from multiple gunshot wounds to the upper body. He was pronounced dead at the scene.
Detectives say Simmons had arranged to buy a cell phone from 24-year-old Jose Bustamante Cardenas through an online marketplace app. During the transaction, an altercation led to the fatal shooting, according to police.
Cardenas was initially detained after contacting police and allegedly admitting his involvement in Simmons’ death. He was later booked on a murder charge and is being held on $2 million bail.
The case will be presented to the Los Angeles County District Attorney’s Office later this week, police say.
A GoFundMe set up to cover Simmons’ funeral costs remembers the teen as “a boy who loved his friends and family and… cared deeply for others.”
Simmons was only a week away from his 16th birthday when he was killed, KABC reports.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/04/18/teen-fatally-shot-during-cell-phone-sale-police-say/ | 2022-04-19T21:23:24Z |
- Atento reorganizes its regional structure switching from five regions to three to optimize the efficiency of its operations and improve proximity and service to its customers.
- Sergio Ribeiro Passos has been named the Company's new CFO to continue promoting and strengthening Atento's financial position.
- Dimitrius Oliveira takes on the position of President of Atento's South America Region, after having been responsible for Atento Brazil since 2018, and now expands his responsibilities to Argentina, Chile, Colombia, Peru and Uruguay, to promote the growth of the Company in these markets.
- Cathrine Jooste increases her responsibilities as CCO and Regional Director of the North America Region, a position from which she will direct activities in the US and Mexico.
- Jose María Perez-Melber continues as Regional Director of EMEA.
NEW YORK, June 13, 2022 /PRNewswire/ -- Atento S.A. (NYSE: ATTO, "Atento" or the "Company"), one of the largest providers worldwide and the leading company in customer relationship services and business process outsourcing (CRM / BPO) in Latin America, has announced three new appointments to strengthen Atento's position in the industry and to continue supporting its growth strategy in key markets. In order to optimize efficiency in Atento's management, the organization will switch from having five regions to three: North America, South America and EMEA. In this regard, Atento has appointed Sergio Ribeiro Passos as the new CFO of Atento, Dimitrius Oliveira as the new President of the South Region and Cathrine Jooste as Regional Director of the North Region.
Carlos López-Abadía, Chief Executive Officer of Atento comments that "in their new positions, and thanks to their extensive experience and knowledge of the company, these three appointments will continue to implement improvements in Atento's business in our three key regions, guaranteeing the same vision and approach to customers, while ensuring the best CX service suited to the needs of each market and industry. At the same time, this new structure will allow us to continue to improve efficiencies with a better ongoing cost structure. I am sure that, in their new positions, these leaders will play a fundamental role in reaching our commercial and financial goals, adding value to both shareholders and customers. Likewise, at Atento we are very grateful for the work and dedication that Jose Azevedo has dedicated to the company in recent years and for his great contribution".
To reinforce this reorganization, Atento has announced the appointment of Sergio Ribeiro Passos as Chief Financial Officer of the Company. Passos, 55 years old, who replaces Jose Antonio de Sousa Azevedo who left the Company on June 9, 2022, will also form part of the Company's Executive Committee.
Before joining the Company, Passos holds over 24 years of experience as a CFO at different companies within the customer experience sector, including Teleperformance, G4S and Tecnología Bancaria SA. For the past three years, Passos has worked at Atento Brazil as CFO and corporation as FP&A strategy Director, where he has performed his duties with great success, helping to implement financial and business development strategies in the region that have generated value for all Atento stakeholders.
"It is an honor to take on this new professional challenge, and to carry on improving our growth trajectory and fulfilling Atento´s goals and vision", said Passos. "We look forward to the coming years with optimism, to continue to build a stronger more efficient Atento serving better all our stakeholders."
The appointment of Dimitrius Oliveira as the new President of the company's South America Region means that in addition to Brazil, he will be in charge of operations in the five countries in which Atento operates in South America, a strategic region of great relevance for the business. In his new position, Oliveira, chosen for his deep experience in the CX sector, will have the mission of expanding Atento's performance as a strategic partner for companies that face digital transformation processes and that place the customer at the center of their strategy. In addition, he will consolidate the One Atento culture, in which the Company works as a single, global team.
Dimitrius Oliveira has more than 20 years of experience, during which he has worked in the technology and services industry, leading the sales, after-sales and operations areas in multinational companies such as Avaya, Ericsson, Nokia, Siemens, Genesys and Contax. In 2017, he was appointed as Vice President of Operations at Mutant, formerly Genesys Prime. Before joining Mutant, Oliveira was Atento's global commercial director and, following that, multi-sector vice president of the company in Brazil. He returned to Atento in June 2018, this time as Brazil's CEO, to strengthen the Company's leadership position in the country.
"I feel honored by the opportunity to lead the operations in the South Region, working with a group of committed professionals, as well as adding value for our clients in an increasingly digitized business environment, including the best practices from other markets to those we have already implemented in Brazil", said Dimitrius Oliveira.
Following her successful performance as CCO and Regional Director of Atento USNS (US and nearshore), Jooste now takes responsibility for managing the entire North America region, which also includes Mexico. With more than 20 years of experience in the world of technology and consulting, she will be responsible for leading the implementation of Atento's business strategies in both markets to guarantee the achievement of the Company's objectives and continue to increase Atento's presence in this region. Thanks to her in-depth knowledge of client CX needs and Atento solutions, Jooste's appointment will be a lever for strategic growth, providing added value and growth to both the organization and its clients.
Before joining Atento, Jooste worked as the Microsoft Offering General Manager at DXC Technology. Previously she has held positions at Computer Sciences Corporation (CSC), Cognizant Technology Solutions, Systems West Computer Resources, Avanade and Accenture, always working to build and grow her teams successfully within different global commitments with clients. Jooste holds a Bachelor's of Science in Business Administration and Information System Management from the University of Florida.
"The customer experience industry is constantly expanding and evolving with its multifaceted characteristics, and there is a need to meet the expectations and priorities of customers, which are continually changing and advancing," said Jooste. "This moment presents a great challenge, to contribute my knowledge within the sector and to continue strengthening Atento's position within my new role. With this reorganization we are reinforcing our nearshore capabilities to constantly improve the service we provide to our US and global customers, facing new challenges together."
Atento is the largest provider of customer relationship management and business process outsourcing ("CRM BPO") services in Latin America, and among the top providers globally. Atento is also a leading provider of nearshoring CRM BPO services to companies that carry out their activities in the United States. Since 1999, the company has developed its business model in 14 countries where it employs approximately 150,000 people. Atento has over 400 clients to whom it offers a wide range of CRM BPO services through multiple channels. Atento's clients are mostly leading multinational corporations in industries such as telecommunications, banking and financial services, health, retail and public administrations, among others. Atento's shares trade under the symbol ATTO on the New York Stock Exchange (NYSE). In 2019, Atento was named one of the World's 25 Best Multinational Workplaces and one of the Best Multinationals to Work for in Latin America by Great Place to Work®. Also, in 2021 Everest named Atento as a star performer. Gartner named the company as a leader for two years in a row, since 2021 in the Gartner Magic Quadrant. For more information visit www.atento.com
Media Relations
This press release contains forward-looking statements. Forward-looking statements can be identified by the use of words such as "may," "should," "expects," "plans," "anticipates," "believes," "estimates," "predicts," "intends," "continue" or similar terminology. In particular, these forward-looking statements include those about the effects on Atento and its growth of changes in the composition of the Board. These statements reflect only Atento's current expectations and are not guarantees of future performance or results. These statements are subject to risks and uncertainties that could cause actual results to differ materially from those contained in the forward-looking statements. Risks and uncertainties include, but are not limited to, competition in Atento's highly competitive industries; increases in the cost of voice and data services or significant interruptions in these services; Atento's ability to keep pace with its clients' needs for rapid technological change and systems availability; the continued deployment and adoption of emerging technologies; the loss, financial difficulties or bankruptcy of any key clients; the effects of global economic trends on the businesses of Atento's clients; the non-exclusive nature of Atento's client contracts and the absence of revenue commitments; security and privacy breaches of the systems Atento uses to protect personal data; the cost of pending and future litigation; the cost of defending Atento against intellectual property infringement claims; extensive regulation affecting many of Atento's businesses; Atento's ability to protect its proprietary information or technology; service interruptions to Atento's data and operation centers; Atento's ability to retain key personnel and attract a sufficient number of qualified employees; increases in labor costs and turnover rates; the political, economic and other conditions in the countries where Atento operates; changes in foreign exchange rates; Atento's ability to complete future acquisitions and integrate or achieve the objectives of its recent and future acquisitions; future impairments of our substantial goodwill, intangible assets, or other long-lived assets; Atento's ability to recover consumer receivables on behalf of its clients; and the on-going COVID-19 pandemic. Atento is also subject to other risk factors described in documents filed by the company with the United States Securities and Exchange Commission. These forward-looking statements speak only as of the date on which the statements were made. Atento undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.
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SOURCE Atento S.A. | https://www.kxii.com/prnewswire/2022/06/13/atento-renews-its-organization-with-three-new-appointments-that-strengthen-its-strategy-including-new-cfo/ | 2022-06-13T23:03:49Z |
Doris Ruth Kemp
Doris Ruth Kemp was born November 26, 1927 to Ernest Lee and Julia Whatley Kemp in the Stringtown community east of Temple. She went home to be with the Lord on June 2, 2022 in Temple, Texas.
She attended Little Flock and Temple schools, through Temple Junior College, and graduated with a Bachelor of Arts from Mary Hardin Baylor College in 1948. She taught in Dallas area schools from 1948 to 1984. She earned a Masters of Education from Texas Christian University in Fort Worth in 1953, and a PhD in Education from North Texas State University in 1977. She finished her 40-year teaching career at her alma mater, then named The University of Mary Hardin Baylor.
She was a devoted follower of Jesus Christ throughout her life. While in Dallas she was a member of the First Baptist Church of Dallas, and during her years in Belton she was a member of the First Baptist Church of Belton, serving in various congregational capacities during those years.
In her retirement years she developed an avid interest in family genealogy and Texas history, using her talents and devoting many hours of service to support the Bell County Museum, Salado Historical Society, and Salado College Foundation. She was a member of the Daughters of the Republic of Texas. She received the Yellow Rose of Texas award from the governor of Texas on her 90th birthday.
She is preceded in death by her parents, by a sister, Joyce Ann Kemp of Belton, and by her nephew Steve Roberts of Cedar Park. She is survived by two sisters, Betty Kemp of Temple and Carolyn Roberts and husband Jerry Roberts of Belton, and by one brother, Dr. Leroy Kemp and wife Jean Kemp of Belton. She is survived by two nieces: Shelley Roberts Cheatham of Salado and Shelly Loven Roberts of Cedar Park. She is survived by three nephews: Paul Kemp and wife Cindie of Cedar Park, Timothy Kemp and wife Donna of Belton, and Mark Kemp and wife Annette of Copperas Cove. She is survived by several grand-nieces and grand-nephews.
At her request a private family memorial service will be held at a future date. She also requested that in lieu of flowers donations may be made to the Kemp Family Endowed Scholarship at the University of Mary Hardin Baylor, or to a charity of your choice.
Paid Obituary | https://www.tdtnews.com/obituaries/article_0b28a52e-e6b5-11ec-9d68-534a2d69f2b4.html | 2022-06-12T12:41:41Z |
SAN FRANCISCO and SUZHOU, China, June 13, 2022 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high-quality medicines for the treatment of oncology, autoimmune, metabolic, ophthalmology and other major diseases, today announced that the China's National Medical Products Administration (NMPA) has formally accepted the New Drug Application (NDA) for tafolecimab injection (anti-PCSK-9 antibody, R&D code: IBI306) for the treatment of primary hypercholesterolemia (including heterozygous familial hypercholesterolemia and non-familial hypercholesterolemia) and mixed dyslipidemia.
In recent years, PCSK-9 monoclonal antibody has been gradually recognized by clinicians as a new therapeutic regimen that can potently reduce LDL-C levels with favorable safety profiles. Although there are imported products in the Chinese market, there is still room for improvement in terms of affordability, accessibility and convenience. Tafolecimab injection, which was supported by the National Science and Technology Major Project for "Major New Drug Development", whose new drug application is the first submitted and formally accepted by the NMPA, and it is expected to potentially be the first self-developed recombinant fully human anti-PCSK-9 monoclonal antibody launched in China.
The NDA submission was based on the study results of three phase 3 registration clinical trials (CREDIT-1, CREDIT-2 and CREDIT-4): compared with placebo, tafolecimab injection reduced low-density lipoprotein cholesterol (LDL-C) levels by about 57% ~ 65%, and maintained long-term therapeutic efficacy. In addition, tafolecimab injection also significantly reduced total cholesterol (TC), non-high-density lipoprotein cholesterol (Non-HDL-C), apolipoprotein B (ApoB), and lipoprotein a (Lp (a)) levels. With a high percentage of patients achieving lipid reduction goals, a long administration interval (once every 6 weeks), and overall favorable safety profiles, tafolecimab injection is expected to be a potent treatment for patients with primary hypercholesterolemia (including heterozygous familial hypercholesterolemia and non-familial hypercholesterolemia) and mixed dyslipidemia.
Professor Yong Huo from Peking University First Hospital stated: "In China, the prevalence of dyslipidemia in adults is increasing annually and has become an important risk factor threatening the health of Chinese population. Elevated TC and LDL-C are among the independent risk factors for coronary heart disease or ischemic stroke. Effective control of dyslipidemia is important for the prevention and control of atherosclerotic cardiovascular disease (ASCVD). The results from a series of clinical studies of tafolecimab injection in patients with primary hypercholesterolemia and mixed dyslipidemia are very encouraging. It is worth noting that in CREDIT-1 study, tafolecimab injection achieved long-interval administration and demonstrated significant long-term reduction of LDL-C levels in Chinese population with hypercholesterolemia, in addition, tafolecimab also exhibited more prominent advantages in reducing LP (a) over other similar anti-PSCK-9 agents, which may result in better compliance and additional cardiovascular risk control benefits. We look forward to the approval of tafolecimab injection to provide a better treatment option to the large number of patients with hypercholesterolemia in China.
Professor Yujie Zhou from Beijing Anzhen Hospital, Capital Medical University stated: Although the prevalence of familial hypercholesterolemia is relatively low in China, it is still ranked highest in the world due to the large population . Patients with heterozygous hypercholesterolemia have an early onset, significantly elevated serum levels of total cholesterol (TC) and low-density lipoprotein cholesterol (LDL-C), and rapid progression of the disease. These symptoms significantly harm the patients' health and they may experience severe ASCVD and even die at young or middle age. Our research team has observed the favorable efficacy and safety profiles of tafolecimab injection in the first randomized, controlled, double-blind clinical study (CREDIT-2) in Chinese population with heterozygous familial hypercholesterolemia. Today, we are even more delighted to see that, as an innovative anti-PCSK-9 monoclonal antibody with proprietary intellectual property rights in China, the NDA of tafolecimab injection has been officially accepted by the China's NMPA. As a clinician, I really look forward to the approval of tafolecimab injection to benefit Chinese patients with heterozygous familial hypercholesterolemia. "
Dr. Lei Qian, Vice President of Clinical Development of Innovent stated: "At present, cardiovascular diseases caused by hyperlipidemia, hypertension and obesity in China are prominent and have seriously affected the national public health. The NDA submission is based on the results of the CREDIT-1, CREDIT-2 and CREDIT-4 clinical studies, which demonstrated that tafolecimab injection can effectively reduce LDL-C levels and significantly improve other lipid parameters in Chinese patients with hypercholesterolemia, among which Lp(a) can be reduced more compared with similar products. Tafolecimab injection is the first PSCK-9 antibody that can be administrated at long-interval dosing (once every 6 weeks), which will potentially provide more treatment options for Chinese patients with primary hypercholesterolemia (including heterozygous familial and non-familial hypercholesterolemia) and mixed dyslipidemia. We look forward to the approval and launch-to market of the product in the near future, hoping to benefit the large number of patients with hypercholesterolemia in China with this high-quality medicine as soon as possible. "
About Hypercholesterolemia
In recent years, the blood lipid level of the Chinese population has gradually increased, and the prevalence of dyslipidemia has increased significantly with an overall prevalence of 40.4% in Chinese adults. The increase of serum cholesterol level in the population will lead to an increase of about 9.2 million cardiovascular disease events in China between 2010 ~ 2030. Dyslipidemia, characterized by elevated LDL-C or TC, is an important independent risk factor for atherosclerotic cardiovascular disease.
At present, the disease management of hyperlipidemia in China is not optimistic. According to the 2020 China Cardiovascular Health and Disease Report, the diagnostic, treatment and control rate of dyslipidemia in Chinese adults remain low. The percentage of patients with dyslipidemia who met the LDL-C reduction goal is even more alarming. Current lipid-lowering therapies do not meet the clinical needs in patients with hyperlipidemia. Anti-PCSK-9 monoclonal antibody has a mechanism of action different from existing lipid-lowering drugs and can effectively reduce LDL-C levels, which is expected to provide a better treatment option for Chinese patients with hypercholesterolemia.
About Tafolecimab Injection (anti-PCSK-9 antibody)
Tafolecimab injection, developed by Innovent, is an lgG2 fully human monoclonal antibody that can specifically bind to PCSK-9 and reduce LDL-C level by inhibiting PCSK-9-mediated low-density lipoprotein receptor (LDLR) endocytosis, subsequently enhancing the clearance of LDL-C, resulting in a reduction in LDL-C level.
As of now, three registration trials of tafolecimab injection have met the primary endpoint. The results from phase I/II clinical study have been published in JACC Asia, an internationally renowned journal of cardiology. CREDIT-2 phase III study results have been presented at the ACC meeting 2022.
About Innoventas a new drug application
Inspired by the spirit of "Start with Integrity, Succeed through Action," Innovent's mission is to develop, manufacture and commercialize high-quality biopharmaceutical products that are affordable to ordinary people. Established in 2011, Innovent is committed to developing, manufacturing and commercializing high-quality innovative medicines for the treatment of cancer, autoimmune, metabolic, ophthalmology and other major diseases. On October 31, 2018, Innovent was listed on the Main Board of the Stock Exchange of Hong Kong Limited with the stock code: 01801.HK.
Since its inception, Innovent has developed a fully integrated multi-functional platform which includes R&D, CMC (Chemistry, Manufacturing, and Controls), clinical development and commercialization capabilities. Leveraging the platform, the company has built a robust pipeline of 32 valuable assets in the fields of cancer, autoimmune, metabolic, ophthalmology and other major therapeutic areas, with 7 products approved for marketing in China – TYVYT® (sintilimab injection), BYVASDA® (bevacizumab biosimilar injection), SULINNO® (adalimumab biosimilar injection), HALPRYZA® (rituximab biosimilar injection) , Pemazyre® (pemigatinib oral inhibitor) and olverembatinib (BCR-ABL TKI) and Cyramza® (ramucirumab), 3 asset under NMPA NDA review, 3 assets in Phase 3 or pivotal clinical trials, and an additional 19 molecules in clinical studies.
Innovent has built an international team with advanced talent in high-end biological drug development and commercialization, including many global experts. The company has also entered into strategic collaborations with Eli Lilly and Company, Adimab, Incyte, MD Anderson Cancer Center, Hanmi and other international partners. Innovent strives to work with many collaborators to help advance China's biopharmaceutical industry, improve drug availability and enhance the quality of the patients' lives. For more information, please visit: www.innoventbio.com. and www.linkedin.com/company/innovent-biologics/.
Note:
TYVYT® (sintilimab injection) is not an approved product in the United States.
BYVASDA® (bevacizumab biosimilar injection), SULINNO®, and HALPRYZA® (rituximab biosimilar injection) are not approved products in the United States.
TYVYT® (sintilimab injection, Innovent)
BYVASDA® (bevacizumab biosimilar injection, Innovent)
HALPRYZA® (rituximab biosimilar injection, Innovent)
SULINNO® (adalimumab biosimilar injection, Innovent)
Pemazyre® (pemigatinib oral inhibitor, Incyte Corporation). Pemazyre® was discovered by Incyte Corporation and licensed to Innovent for development and commercialization in Mainland China, Hong Kong, Macau and Taiwan.
CYRAMZA® (ramucirumab, Eli Lilly). Cyramza® was discovered by Eli Lilly and licensed to Innovent for commercialization in Mainland China.
Innovent's Forward-Looking Statements
This news release may contain certain forward-looking statements that are, by their nature, subject to significant risks and uncertainties. The words "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to Innovent Biologics, Inc. ("Innovent" or "Company"), are intended to identify certain of such forward-looking statements. The Company does not intend to update these forward-looking statements regularly.
These forward-looking statements are based on the existing beliefs, assumptions, expectations, estimates, projections and understandings of the management of the Company with respect to future events at the time these statements are made. These statements are not a guarantee of future developments and are subject to risks, uncertainties and other factors, some of which are beyond the Company's control and are difficult to predict. Consequently, actual results may differ materially from information contained in the forward-looking statements as a result of future changes or developments in our business, the Company's competitive environment and political, economic, legal and social conditions.
The Company, the Directors and the employees of the Company assume (a) no obligation to correct or update the forward-looking statements contained in this site; and (b) no liability in the event that any of the forward-looking statements does not materialize or turn out to be incorrect.
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SOURCE Innovent Biologics | https://www.wibw.com/prnewswire/2022/06/14/innovent-announces-nmpa-acceptance-new-drug-application-tafolecimab-injection-anti-pcsk-9-antibody/ | 2022-06-14T00:58:28Z |
LEAD PLAINTIFF DEADLINE IS SEPTEMBER 12, 2022
NEW YORK, Aug. 5, 2022 /PRNewswire/ --Wolf Haldenstein Adler Freeman & Herz LLP reminds investors that a federal securities class action lawsuit has been filed in the United States District Court for the Southern District of New York on behalf of investors who purchased or otherwise acquired the American Depositary Shares ("ADS's) of Molecular Partners AG ("Molecular Partners" or the "Company") (NASDAQ: MOLN) on behalf of a class consisting of all persons that purchased or otherwise acquired:
- Molecular Partners American Depositary Shares ("ADS's") pursuant and/or traceable to the Offering Documents issued in connection with the Company's Initial Public Offering conducted on or about June 16, 2021 (the "IPO"); and/or
- Molecular Partners securities between June 16, 2021 and April 26, 2022, both dates inclusive (the "Class Period").
All investors who purchased the ADS's of Molecular Partners and incurred losses are urged to contact the firm immediately at classmember@whafh.com or (800) 575-0735 or (212) 545-4774. You may obtain additional information concerning the action or join the case on our website, www.whafh.com.
If you have incurred losses in the ADS's of Molecular Partners, you may, no later than September 12, 2022, request that the Court appoint you lead plaintiff of the proposed class. Please contact Wolf Haldenstein to learn more about your rights as an investor in the ADS's of Molecular Partners.
PLEASE CLICK HERE TO JOIN CASE
On April 22, 2021, Molecular Partners filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission ("SEC") in connection with the IPO, which, after several amendments, was declared effective by the SEC on June 15, 2021 (the "Registration Statement").
Pursuant to the Offering Documents, Molecular Partners conducted the IPO, issuing 3 million of its ADSs to the public at the IPO price $21.25 per ADS, for proceeds to the Company of approximately $59 million
The filed complaint alleges that the Offering Documents were negligently prepared and, as a result, contained untrue statements of material fact or omitted to state other facts necessary to make the statements made not misleading and were not prepared in accordance with the rules and regulations governing their preparation. Additionally, the complaint alleges that, throughout the Class Period, Defendants made materially false and misleading statements regarding the Company's business, operations, and prospects. Specifically, the Offering Documents and Defendants made false and/or misleading statements and/or failed to disclose that:
- ensovibep was less effective at treating COVID-19 than Defendants had led investors to believe;
- accordingly, the FDA was reasonably likely to require an additional Phase 3 study of ensovibep before granting the drug EUA;
- waning global rates of COVID-19 significantly reduced the Company's chances of securing EUA for ensovibep;
- as a product candidate, MP0310 was less attractive to Amgen than Defendants had led investors to believe;
- accordingly, there was a significant likelihood that Amgen would return global rights of MP0310 to Molecular Partners;
- as a result of all the foregoing, the clinical and commercial prospects of
ensovibep and MP0310 were overstated; and - as a result, the Offering Documents and Defendants' public statements throughout the Class Period were materially false and/or misleading and failed to state information required to be stated therein.
On November 16, 2021, Molecular Partners disclosed that "a planned futility analysis of ensovibep in an] ongoing [Phase 3] clinical study . . . has not met the thresholds required to continue enrollment of adults with COVID-19 in the hospitalized setting."
On this news, Molecular Partners' ADS price fell $4.64 per ADS, or 31.37%, to close at $10.15 per ADS on November 16, 2021.
On April 26, 2022, months after applying for EUA from the FDA for ensovibep, Novartis' Chief Executive Officer, Vas Narasimhan, disclosed that "given the latest feedback . . . in our discussions with the [FDA], we would expect the agency to require a Phase 3 study before granting an EUA approval or a general approval" for ensovibep, and that "we need to make a kind of sober evaluation as to is it a doable study in light of the waning rates of COVID around the world[.]"
On this news, Molecular Partners' ADS price fell $2.68 per ADS, or 16.17%, to close at $13.89 per ADS on April 26, 2022.
Then, also on April 26, 2022, during after-market hours, Molecular Partners "announced that Amgen . . . has informed the Company of their decision to return global rights of MP0310 to Molecular Partners following a strategic pipeline review."
On this news, Molecular Partners' ADS price fell $5.19 per ADS, or 37.37%, to close at $8.70 per ADS on April 27, 2022-a total decline of $7.87 per ADS, or 47.5%, over two consecutive trading days, and 59.06% below the $21.25 per ADS IPO price.
As of the time the complaint was filed, the price of Molecular Partners' ADS's continued to trade below the $21.25 per ADS IPO price, damaging investors.
PLEASE CLICK HERE TO JOIN CASE
Wolf Haldenstein has extensive experience in the prosecution of securities class actions and derivative litigation in state and federal trial and appellate courts across the country. The firm has attorneys in various practice areas; and offices in New York, Chicago and San Diego. The reputation and expertise of this firm in shareholder and other class litigation has been repeatedly recognized by the courts, which have appointed it to major positions in complex securities multi-district and consolidated litigation.
If you wish to discuss this action or have any questions regarding your rights and interests in this case, please immediately contact Wolf Haldenstein by telephone at (800) 575-0735, via e-mail at classmember@whafh.com, or visit our website at www.whafh.com.
Wolf Haldenstein Adler Freeman & Herz LLP
Patrick Donovan, Esq.
Gregory Stone, Director of Case and Financial Analysis
Email: gstone@whafh.com, donovan@whafh.com or classmember@whafh.com
Tel: (800) 575-0735 or (212) 545-4774
This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.
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SOURCE Wolf Haldenstein Adler Freeman & Herz LLP | https://www.mysuncoast.com/prnewswire/2022/08/05/molecular-partners-class-action-alert-wolf-haldenstein-adler-freeman-amp-herz-llp-announces-that-securities-class-action-lawsuit-has-been-filed-against-molecular-partners-united-states-district-court-southern-district-new-york/ | 2022-08-05T13:52:30Z |
Lt. Gov banks on Trump endorsement to best Gov. Brad Little in Idaho race
Idaho’s gubernatorial race will show once again how powerful the Trump endorsement can be in 2022.
WASHINGTON (Gray DC) - Former teammates turned political rivals. Tuesday, Lt. Gov. Janice McGeachin (R-Idaho) looks to unseat incumbent Gov. Brad Little with some help from the former president.
“Donald Trump has been consistently very popular,” said American University political professor Capri Cafaro.
She explained that Idaho is friendly territory for Trump. He won the state handily with 63% of the vote in 2020.
“Donald Trump’s endorsement does have sway,” said Cafaro. “However, I believe there is a caveat here, because I think it’s really contingent upon who the audience is.”
In Trump-leaning states like Ohio, where he won in 2020 with 53% of the vote, a Trump endorsement proved to be make-or break in the Senate primary.
“If you take Ohio as a litmus test, the fact that J.D. Vance was consistently running third, at least, for months and then with two weeks to go, Donald Trump comes in and endorses,” said Cafaro.
J.D. Vance narrowly won the race to be the Republican nominee for the open Ohio Senate seat. But Trump doesn’t always have the Midas touch. In Nebraska, where Trump won with 58% of the vote, his pick for governor lost.
So while McGeachin has Trump’s endorsement, Little is counting on his four year record as governor to win voters.
Copyright 2022 Gray DC. All rights reserved. | https://www.kxii.com/2022/05/17/lt-gov-banks-trump-endorsement-best-gov-brad-little-idaho-race/ | 2022-05-17T17:52:16Z |
MENLO PARK, Calif., Aug. 22, 2022 /PRNewswire/ - ActZero, a leading Managed Detection and Response (MDR) provider, today announced that it has been awarded the Best Managed Detection and Response Service for 2022 by the SC Awards. Now in its 25th year, the SC Awards honor cybersecurity innovators, and is one of the industry's most prestigious award programs.
"Cybersecurity threats, especially ransomware extortion attacks, are evolving at a pace that most organizations can't keep up with. This is particularly alarming for small and medium-sized businesses that lack the resources to defend against sophisticated criminal attackers," said Chris Finan, President and Chief Operating Officer at ActZero. "We're grateful for this recognition of our commitment to delivering a world-class MDR service. Our mission is to ensure IT Security teams defend their organizations against ransomware attacks, and every member of our ActZero team shares that responsibility with great pride. In an industry with so many dedicated professionals - and innovative vendor solutions - we're honored that our focus on continuous measurement and improvement to defeat today's ever-evolving adversary has stood out."
The 2022 SC Awards were the most competitive to date, with a record 800 entries received across 38 categories, a 21% increase over 2021, according to SC Media, the awarding organization. Offerings recognized in the Best Managed Detection and Response Service category deliver MDR services that combine advanced analytics, threat intelligence and human expertise providing organizations with advanced cybersecurity protection without the added personnel.
ActZero delivers a 24/7 outcome-focused Managed Detection and Response (MDR) platform that excels at discovering and stopping ransomware. The service combines endpoint detection and response, extended detection and response, next-generation antivirus protection and mobile threat defense with AI- and ML-enabled threat detections and human threat hunting to prevent, detect, contain and stop all types of cybersecurity threats - from commodity malware to sophisticated headline attacks - across endpoints, mobile, network, and cloud. ActZero eliminates needless alerts, and provides the visibility and security guidance businesses need to prioritize threat and vulnerability management.
"This award is a great recognition of the value and security outcomes delivered by ActZero's holistic threat protection" added Adam Mansour, Chief Security Officer at ActZero. "We've made the strategic investments needed to pinpoint threats in our customer environments and eradicate threats before they disrupt client operations or get a foothold in the ecosystem. That takes complete vision and the best detection tools in the market."
For more information on ActZero, please visit https://www.actzero.ai
ActZero is a Gartner-recognized provider of Managed Detection and Response (MDR) services that offers 24/7 Ransomware Defense You Can Measure, providing threat protection for small and mid-size enterprises, empowering customers to improve their cybersecurity efforts without taxing existing budgets and resources. We combine our core AI and ML technologies and processes with human threat hunting and intelligence to detect and identify vulnerabilities, eliminating more threats in less time. We actively partner with our customers to drive security engineering, increase internal efficiencies and effectiveness and, ultimately, build a mature cybersecurity posture. Whether shoring up an existing security strategy, or building a primary line of defense, ActZero's client-first approach helps reduce the unique risks and gaps that could leave a business vulnerable to attack.
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SOURCE ActZero | https://www.kxii.com/prnewswire/2022/08/22/actzero-selected-2022-sc-awards-best-managed-detection-response-service/ | 2022-08-22T14:50:09Z |
NASSAU, Bahamas, May 17, 2022 /PRNewswire/ -- Kanpai Labs, the creators of Kanpai Pandas, threw their first-ever Kanpai Panda party at Crypto Bahamas, a gathering of leading crypto enthusiasts and trailblazers in Nassau, Bahamas. Held on Apr. 24, 2022, at the Sky Bar at the Baha Mar resort in the Bahamas, the Kanpai Panda family welcomed Crypto giants as KeyboardMonkey, Dr Fresch, and Techno Viking DJ'd the night away. Kanpai Panda networking effects continue to expand, all the more evident as Kanpai Labs coordinated the Crypto Bahamas party prior to mint.
The Kanpai Panda family attracted quite a buzz. Giants from Solana, FTX, and the LayerZero team joined the Kanpai Pandas family for the festivities. Kanpai Panda holders were given the opportunity to network with some of the largest crypto players in the game.
This is the first event of many that will be held that will aim to provide Kanpai Panda holders with the most real-world utility possible. Nothing is off the table. The Kanpai Pandas family seeks to grow its presence in the crypto space through collaborations, partnerships, and pure fun. On-chain game theory ideas are being discussed within the Kanpai Pandas team as Kanpai Labs pushes to create a global NFT brand.
As a sneak peak to all the great things coming… the Kanpai Panda team has secured executive box suite E2023 at Allegiant Stadium in Las Vegas FOR 15 YEARS! Kanpai Panda holders will have tickets to all Raiders preseason, regular season, and playoffs games and will also have the first right of refusal on all other events held throughout the upcoming season. This includes access to concerts, basketball games, UFC, WWE, and more! Join the Panda family and come party with us.
Kanpai!
MINTING LIVE at https://kanpaipandas.io
Twitter: https://twitter.com/KanpaiPandas
Discord: https://discord.gg/kanpaipandas
OpenSea: https://opensea.io/collection/kanpai-pandas
Media Contact:
Cedric Guerin
info@kanpaipandas.io
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SOURCE Kanpai Pandas | https://www.wibw.com/prnewswire/2022/05/17/kanpai-pandas-crashes-crypto-bahamas/ | 2022-05-17T13:44:24Z |
Charlotte Hornets Guard, LaMelo Ball, is partnering with DRNX Adaptogenic Waters, launching a fresh, new signature flavor, Kiwi Strawberry.
CHARLOTTE, N.C., April 13, 2022 /PRNewswire/ -- DRNX Adaptogenic Waters is disrupting the world of sports drinks, offering an all-natural alternative to the traditional, sugary sports beverages. DRNX and LaMelo shared the same vision of changing what the next generation of athletes will be drinking, focusing on what athletes need for full hydration and peak performance. "The major drink companies were trying to get me on board, but I'm all about doing my own thing and making a real difference," said LaMelo.
As an avid basketball fan, DRNX co-founder, Daniel Berg, said "partnering with one of the most modern and stylish NBA players we've seen in years, is a dream come true." DRNX co-founder, Clay Butler, believes LaMelo's energy and impact shine through in this partnership. "DRNX, like myself, is truly one of one, and I wanted to help bring it to the world," said LaMelo. "I am really loving my new signature Kiwi Strawberry flavor."
DRNX provides a holistic approach to sports beverages. Each bottle of DRNX contains over 20 functional ingredients including some of the most popular and proven super-herb adaptogens: maca, holy basil, Panax ginseng, astragalus, ashwagandha, combined with antioxidants to help reduce the damage caused by free radicals. DRNX also delivers 100% of your daily requirement of B vitamins and 25% of your Vitamin D3, Chromium and Selenium.
Currently, DRNX comes in Ginger Lime, Mango Turmeric, Elderberry Grape, and the new LaMelo Ball signature flavor, Kiwi Strawberry. DRNX is sold online via DRNX, Amazon, and Instagram; and in stores located in Charlotte, North Carolina, and New York.
Wanna DRNX?
WEBSITE: https://drinkdrnx.com/
INSTAGRAM: https://www.instagram.com/drnx/
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SOURCE DRNX | https://www.kxii.com/prnewswire/2022/04/13/drnx-announces-its-partnership-with-hornets-breakout-star-lamelo-ball/ | 2022-04-13T13:59:28Z |
GT has developed a technology enabling incisionless bariatric, metabolic and digestive surgery
MIAMI, July 18, 2022 /PRNewswire/ -- Ceros Financial Services announced that Ceros Capital Markets, its investment banking division, has completed an approximately $15 million Series A round for GT Metabolic Solutions, which has developed minimally-invasive incisionless bypass technology for bariatric, metabolic and digestive surgery. The company will apply the raise to complete initial clinical trials for its incisionless Duodenal Ilial Bypass anastomosis for bariatric and metabolic surgery.
GT Metabolic's technology enables incisionless bariatric surgery and involves no cutting, no suturing and no permanent implant, enabling these procedures to move to the outpatient surgical setting. The platform works by creating a delayed anastamosis, a technique that involves the use of magnets to connect the tissue and create an anastomosis in a delayed manner without incision and the risk of creating a leak. The company was co-founded by Thierry Thaure, who has 40 years of experience as a medtech entrepreneur, and pioneer surgeon Michel Gagner, M.D., laparoscopic and bariatric surgeon who invented the LapSleeve procedure for bariatric surgery, and who also serves as GT's Chief Medical Officer.
"We believe that GT Metabolic has created game-changing technology for bariatric surgery to help patients struggling with obesity, a growing and expensive epidemic that leads to other serious health conditions. Too few options currently exist for the surgeon today. The company's platform is designed to be safer for the surgeon and patient, and more cost-efficient for the healthcare system," said Mark Goldwasser, CEO of Ceros Financial Services.
"We have developed our platform with the goal of revolutionizing bariatric and metabolic surgery. GT's technology enables a new portfolio of procedures that will complement and expand the market. We look forward to moving ahead with our clinical trials and in time commercialization of our technology globally," Thaure said.
According to data from the CDC, the US obesity prevalence was 41.9% in 2017 to March 2020. The estimated annual medical cost of obesity in the United States was nearly $173 million in 2019 dollars.
Ceros focuses on fundraising for early-stage medical technology and medical device companies that are developing disruptive technologies, particularly for diagnostic and non-invasive procedures. Ceros completed $117 million in transactions in the medtech sector in 2021 and $145 million since 2020. The firm is targeting to raise $150 million this year, Goldwasser said.
In June, Ceros and Peregrine Ventures led an $18 million financing round for Cordio Medical, which has developed technology to monitor chronic heart failure conditions by analyzing voice recordings in a simple smartphone app.
Ceros also recently placed an additional $10 million for DemaSensor, which designs non-invasive tools that use machine learning and spectroscopy to evaluate skin lesions for cancer. Ceros was an existing investor in the company. Earlier this year, the firm announced a $15 million placement for Pristine Surgical, which has developed a single-use platform for endoscopic procedures.
Ceros Financial Services, Inc. Member FINRA/SIPC (www.cerosfs.com) offers a comprehensive asset management and mutual fund suite for financial advisors. Ceros services include RIA custody, hybrid advisors, corporate RIA, mutual fund advisory and distribution, and an outsourced trade desk. In addition, Ceros Capital Markets, a division of Ceros Financial, is a digital and traditional platform for the distribution of primary offerings in medical devices and secondaries in unicorns via Special Purpose Vehicles (SPVs).
Investing in the securities markets involves risk, including loss of principal. Private Placements are not appropriate for all investors. Most if not all investments in Private Placements are illiquid and many such investments are speculative in nature. Investing in a Private Placement can result in a significant risk of loss of principal. Risk factors for private offerings are listed in the Private Placement Memorandum; and should be read carefully prior to investing.
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SOURCE Ceros Financial Services | https://www.wibw.com/prnewswire/2022/07/18/ceros-financial-services-arranges-15-million-financing-gt-metabolic-solutions/ | 2022-07-18T16:17:50Z |
SHENZHEN, China, Sept. 5, 2022 /PRNewswire/ -- World-leading vaping brand VAPORESSO has unveiled a new set of six colors for its VAPORESSO XROS 2 product, the only open-pod-system vaping product on the market to bring home a Red Dot Award in 2022 for design.
The VAPORESSO XROS 2 is the company's bold attempt to incorporate stylish visuals with an intricate 150-degree-curved high-gloss surface.It gives users an aesthetic that brings together elements inspired by science fiction and the avant-garde, drawing plaudits from users and industry authorities worldwide. The product received the ultimate recognition in May 2022 when it took home the Red Dot Award: Product Design [2022] in Germany.
"B esides XROS 2, both XROS MINI and XROS NANO have also iterated with new configurations and colors. It has always been our aim to help our devoted users to wear their hearts on their sleeves and fully express their personality when using our products," said Thalia Cheng, CMO of VAPORESSO. "We feel this vibrant and eye-opening spectrum of colors does just that. Users can make a big impression wherever they are with these eye-catching and bespoke new shades."
The new colors, named Aurora, Neon, Vitality, Violet, Sierra Blue, and Gold, will grant VAPORESSO users even greater artistic license to express themselves when using these award-winning products.
This year's Red Dot Award win was not the first time that the German industrial design house has recognized VAPORESSO products. The company took home a Red Dot Award for an environmentally friendly product that combined recyclable paper with the design concept in 2021. This particular plaudit demonstrates just how much the company places consumers as well as the societal good at the top of its agenda when approaching new products.
Established in 2015 by SMOORE, VAPORESSO quickly ascended the vaping product ladder to become one of the industry's most innovative and prominent players. The parent company also rapidly rose to prominence, becoming the first vaping device provider to publicly list, with a valuation of over 25 billion USD, marking a major historic breakthrough for the sector.
About VAPORESSO
VAPORESSO was created in 2015 and is dedicated to establishing a smoke-free world while raising the quality of life for its users. Based on its continuous innovation, strict quality control, and substantial commitment, VAPORESSO creates products that can fit all levels and styles of vapers.
Media Contact
media@vaporesso.com
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SOURCE VAPORESSO | https://www.mysuncoast.com/prnewswire/2022/09/05/vaporesso-the-red-dot-award-winning-product-xros-2-unleashes-new-color/ | 2022-09-05T14:08:57Z |
The online certificates will focus on the business of cannabis, its medical properties, the legal landscape of the industry, and agricultural opportunities in the emerging industry.
WEST HAVEN, Conn., July 5, 2022 /PRNewswire/ -- The University of New Haven announced today that it is collaborating with Green Flower, a California-based cannabis education company, to launch several new online certificate programs that focus on opportunities in the cannabis industry. The University of New Haven is the first college or university in Connecticut to collaborate with Green Flower, which has developed relationships with schools across the country.
The four certificate programs will cover business, healthcare and medicine, law and policy, and agriculture and horticulture. The certificates are open to anyone, regardless of their skill sets, and are ideal for entrepreneurs, healthcare providers, legal professionals, and growers who want to learn more about opportunities in the emerging field of cannabis.
Currently, 27 states, including Connecticut, have decriminalized possession of marijuana. Connecticut is projected to reach $130 million in legal cannabis sales by the end of the year and $160 million by 2025, with more than 3,000 jobs expected to be created to meet demand. Nationwide, jobs in cannabis are projected to grow by 250 percent by 2028, far outpacing the growth in any other industry.
"This is a unique opportunity for the university to collaborate with an industry leader in the cannabis education industry to offer in-demand certificate programs that enable individuals from a variety of fields and interests to develop specialized knowledge and skills in some of the most important areas of the cannabis industry," said Danielle Wozniak, MSW, Ph.D., provost and vice president for academic affairs at the University of New Haven. "Trained professionals are needed to fill the jobs that are being created now and that will be created in the future. Students will receive cutting-edge preparation in these certificate programs to prepare them to excel in this emerging and highly competitive growth market while applying ethical business practices and quality standards to the Connecticut cannabis industry."
Each certificate program consists of three eight-week courses. Students receive online instruction in their chosen topic area from expert faculty members vetted and selected by Green Flower. The education programs are developed by board-certified doctors and lawyers along with experts in engineering and agriculture.
Each of the four cannabis certificate programs start on September 5. The cost is $2,950 per program. Enrollment is now open.
Students who sign up for multiple cannabis certificate programs will save 33 percent on each additional program. Each certificate program begins with the "Cannabis 101" course.
Upon completion of a cannabis certificate program, students will receive a digital badge issued by the University of New Haven and the Green Flower Institute. Students will also have access to a robust employer network. For more information, visit cannabiseducation.newhaven.edu.
The University of New Haven is a private, co-educational university that was founded on the Yale campus in 1920.
Over the past 18 years, under the leadership of Chancellor and CEO Steven H. Kaplan, Ph.D., the university has experienced significant growth — both in enrollment and in the expansion of the university's West Haven campus. Enrollment has increased to 7,500 undergraduate and graduate students.
In the last decade, the university has completed more than $300 million in major capital projects while launching more than two dozen new academic programs. The University of New Haven also has campuses in Tuscany, Italy, and Orange, Conn.
For more information about the University of New Haven, visit www.newhaven.edu .
Founded in 2014, Green Flower is the industry leader in cannabis education, empowering thousands of consumers, regulators, and professionals with the knowledge they need to succeed in the emerging cannabis industry today. Green Flower's content and technology platform powers the cannabis programs of top universities and colleges across the country, provides customized learning and compliance solutions for cannabis businesses of all sizes, and equips individuals with the skills and credentials necessary to make an impact in the modern cannabis industry.
University of New Haven Contact:
Carolyn Meyer
203-932-7416
CMeyer@newhaven.edu
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SOURCE Green Flower | https://www.wibw.com/prnewswire/2022/07/05/university-new-haven-launch-new-cannabis-education-certificate-programs-with-industry-leader/ | 2022-07-05T14:47:22Z |
Juvenile charged with first-degree murder following road rage shooting, police say
BALTIMORE (Gray News) – A juvenile in Maryland has been charged as an adult with first-degree murder following a shooting that police describe as a road rage event.
The Baltimore Police Department said a 17-year-old male, whose name was not released, shot and killed 52-year-old Daniel Pitts on April 14.
Police said they responded to reports of a shooting that afternoon where they found Pitts dead inside a vehicle, suffering from a gunshot wound to the head.
Investigation revealed that the victim was “involved in a road rage incident before he was shot,” police said.
Ten days later, on April 24, police arrested the 17-year-old, who they describe as “no stranger” to law enforcement.
Following his arrest, the teen was taken to the Central Booking Intake Facility and charged as an adult with first-degree murder, false statement to officers, handgun on person and loaded handgun in vehicle.
Anyone with further information is asked to contact Baltimore’s homicide detectives at 410-396-2100.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/04/28/juvenile-charged-with-first-degree-murder-following-road-rage-shooting-police-say/ | 2022-04-29T23:17:49Z |
‘Guard cat’ credited with preventing would-be robbery
BELDEN, Miss. (AP) - A Mississippi man said his pet cat helped prevent a robbery at his home, and he credits the calico with possibly saving his life.
Bandit, a 20-pound (9.1-kilogram) cat, lives with her retired owner Fred Everitt in the Tupelo suburb of Belden. When at least two people tried to break into their shared home last week, the cat did everything she could to alert Everitt of the danger, he told the Northeast Mississippi Daily Journal.
“You hear of guard dogs,” said Everitt, 68. “This is a guard cat.”
The attempted robbery occurred sometime between 2:30 and 3 a.m. on July 25, Everitt said. He was first awoken by Bandit’s meows in the kitchen. Then, she raced into the bedroom, jumped onto the bed and began pulling the comforter off of him and clawing at his arms. Everitt knew something was wrong.
“She had never done that before,” Everitt said. “I went, ‘What in the world is wrong with you?’”
Everitt got up to investigate and saw two young men outside his back door. One had a handgun, and the other was using a crowbar to try and pry the door open, he said.
Everitt said by the time he retrieved a handgun and returned to the kitchen, the would-be intruders had already fled. Everitt told the newspaper that he did not call the police.
He said the situation could have been different without Bandit.
“It did not turn into a confrontational situation, thank goodness,” Everitt said. “But I think it’s only because of the cat.”
Everitt adopted Bandit from the Tupelo-Lee Humane Society four years ago.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/03/guard-cat-credited-with-preventing-would-be-robbery/ | 2022-08-03T07:35:10Z |
Cadourcy to leverage publisher, agency and ad-tech experience to drive innovative go-to-market strategies centered on brand evolution as Nativo enters next phase of growth
LOS ANGELES, June 7, 2022 /PRNewswire/ -- Nativo, the most advanced content technology platform where advertisers and publishers distribute brand stories at scale, announced the expansion of the executive team with the appointment of their first Chief Marketing Officer, Raquel Cadourcy.
A seasoned marketer with over two decades of experience building leading brands, media and publisher platforms, Cadourcy will serve as a strategic thought leader to evangelize the Nativo brand. Leading the marketing organization, Cadourcy will act as a key executive business partner to the CEO of Nativo, Justin Choi.
"Nativo's robust storytelling platform is leveraged by a wide range of customers from brands, advertising agencies, publishers, PR agencies, and increasingly: apps and commerce companies," said Choi. "As such, we needed a seasoned thought leader and marketer who could connect strategically with our broad customer base and expand the visibility of our brand and mission. Raquel's unique experience across agencies, publishers, and ad-tech will be key in connecting these dots for us. We are excited to have her on board as we enter this next phase of growth at Nativo.
Cadourcy joins Nativo from Modern Luxury Media, the nation's largest luxury media company, acting as Chief Marketing Officer. She led the premium media platform and publisher in developing a new corporate brand and narrative, repositioning the company from a traditional publishing entity to an evolved media entity while improving customer acquisition and retention. Prior to her time at Modern Luxury, Cadourcy was Vice President of Marketing at Undertone, a leading ad-tech company, where she led global marketing strategy inclusive of experiential marketing, thought leadership, sponsorship opportunities, Public Relations, and the development of digital content plans. Cadourcy also spent ten years in business development and sales leadership roles at Merkle, working across all industry verticals.
"Over the course of my career, I have always found myself drawn to brands and platforms that exhibit an accelerator mindset, with ambitions for rapid growth," said Cadourcy. "It is clear that Nativo is primed to continue to disrupt the advertising industry with a platform that enables storytelling at scale in an authentic way. Nativo has a modern and progressive culture, one that I am proud to be a part of."
Nativo is redefining native advertising and sponsored content by creating meaningful consumer connections at scale for brands, publishers, applications and commerce. We make scalable and insightful storytelling with immersive content possible for brands. At the same time, our platform enriches monetization and the overall user experience for publishers, applications and commerce with exclusive formats and low latency serving. Nativo is focused on improving consumer experiences on the open web with integrated and brand safe ad formats and content executions. Learn more at www.nativo.com.
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SOURCE Nativo | https://www.kxii.com/prnewswire/2022/06/07/nativo-appoints-veteran-raquel-cadourcy-companies-first-chief-marketing-officer/ | 2022-06-07T16:22:08Z |
Kourtney Kardashian and Travis Barker are married
By Chloe Melas
Kourtney Kardashian and Travis Barker are married, for real this time.
The two shared the happy news on their respective Instagram accounts Monday afternoon.
Their posts included a series of black-and-white photos from what appeared to be an intimate occasion and captions that simply read, “Till death do us part.”
The reality star and Poosh founder’s sisters were among those who commented on the news of their nuptials. Kim Kardashian wrote, “KRAVIS FOREVER.”
The marriage comes one month after the couple shared a series of snapshots taken at a Las Vegas wedding chapel, following the Grammy Awards. Kardashian said in the caption on Instagram at the time that they were not legally married because they did not obtain a marriage license.
Kardashian and the Blink-182 drummer announced their engagement in October.
They began dating at the beginning of 2021 after being friends for several years. This is the first marriage for Kardashian, who has three children with her ex-boyfriend Scott Disick. This is Barker’s third marriage.
Their romantic engagement was featured on a recent episode of Kardashian’s Hulu reality show.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/16/kourtney-kardashian-and-travis-barker-are-married/ | 2022-05-17T01:49:37Z |
New national tool delivers microbusiness impact data directly to communities
TEMPE, Ariz., June 13, 2022 /PRNewswire/ -- GoDaddy Inc. (NYSE: GDDY), the company that empowers everyday entrepreneurs, announced today that its Venture Forward research initiative has partnered with mySidewalk to launch an online tool giving local and regional policymakers in the U.S. unprecedented access to information on the economic impact of over 20 million microbusinesses.
The online tool generates tailored reports on small business impacts for any county or metropolitan statistical area (MSA) in the U.S. and allows the user to compare their community with communities nationwide. Reports are generated in seconds, assigned a unique internet address, and are automatically updated with both exclusive and public third-party data as it becomes available. The dashboard equips policymakers, leaders at academic institutions and economic development officials with the data and insights they need to design programs and resources to support microbusinesses in their communities.
"After speaking with policymakers across the country, we realized there was a need to capture reliable and accurate data on microbusinesses and make it readily available for them to use," said Jeremy Hartman, Vice President, Community Engagement at GoDaddy. "Working with mySidewalk, we're able to bring our data to a larger set of people to show just how great of an impact microbusinesses have on their communities."
This collaboration also grants mySidewalk subscribers' access to GoDaddy's Venture Forward data via the mySidewalk Seek and Chart products. Their subscribers can combine valuable insights from the Venture Forward data with insights from 2.2 billion community data points housed in the mySidewalk library, allowing changemakers in community and economic development, housing, public health, healthcare, public safety and transportation to more effectively assess the strength and inclusivity of their economy.
"At mySidewalk, we work every day with leaders across the country who are committed to creating an economy that works for everyone," said Stephen Hardy, CEO of mySidewalk. "We know that microbusinesses are a path to not only individual prosperity but also to strong, equitable communities. We are honored to be part of this historic project."
Venture Forward is a multi-year research effort conducted by GoDaddy to quantify the impact millions of microbusinesses have on the U.S. economy and their local communities, as well as insight into their needs, demographics, and trends; as they're often too small or too new to show up in traditional government-based methods of capturing economic data. To learn more about Venture Forward and to explore our new Microbusiness Data Hub, visit www.godaddy.com/ventureforward.
About GoDaddy
GoDaddy is empowering everyday entrepreneurs around the world by providing all of the help and tools to succeed online and in-person. GoDaddy is the place people come to name their idea, build a professional website, attract customers, sell their products and services, and manage their work. Our mission is to give our customers the tools, insights and the people to transform their ideas and personal initiative into success. To learn more about the company, visit www.GoDaddy.com.
About mySidewalk
mySidewalk is a community data platform fueled by the idea that data is for everyone, not just the experts. Our comprehensive data library and storytelling solutions increase efficiency, simplify data visualization and unlock insights so changemakers can build stronger communities. Learn more at www.mysidewalk.com.
© 2022 GoDaddy Inc. All Rights Reserved.
Source: GoDaddy Inc.
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SOURCE GoDaddy Inc. | https://www.kxii.com/prnewswire/2022/06/13/godaddys-venture-forward-collaborates-with-mysidewalk-produce-powerful-economic-insights/ | 2022-06-13T15:28:36Z |
STOCKHOLM, Aug. 23, 2022 /PRNewswire/ -- Alleima, formerly Sandvik Materials Technology, which is expected to be listed on Nasdaq Stockholm, today hosts its first Capital Markets Day, in Sandviken, Sweden. At the event, the executive management will present trends and characteristics of the Alleima markets, business, financial performance, and strategic direction.
Alleima advances industries through materials technology. Alleima offers niched and premium products to a wide set of industries and has claimed strong market positions through its leading metallurgy expertise, global reach, and fully integrated value chain.
The strategy is based on driving profitable growth, materials innovation, operational and commercial excellence, and industry-leading sustainability. Through its customer offering and materials expertise, the company is well positioned to benefit from the global transition toward renewable energy. Alleima has also built a solid financial foundation and proven its financial resilience in recent years. Focus going forward is growing the business based on major global trends, such as a large demand for energy and energy production, a strong shift to fossil-free energy and energy-efficiency, as well as a growing and an aging population driving the development of new healthcare technology.
Financial targets (as previously announced)
"Alleima is a global leader in materials technology, a strong customer partner and a driver of sustainability. We are the result of nearly 160 years of collective minds working together. At our first Capital Markets Day, we are delighted to present the exciting journey we have ahead of us, as a standalone company. We plan to further strengthen our market position by offering our premium products, using our fully integrated value chain, our prominent metallurgy expertise, and global footprint. We will grow our business leveraging major global trends, the strong demand for energy and energy-efficiency, the shift to fossil-free and renewable energy, and the need for new medical technology", says Göran Björkman, President and CEO of Alleima.
The Capital Markets Day will be webcasted live starting at 10.30 am CEST on cmd.alleima.com, and a recording of the webcast will be published after the event.
Alleima Capital Markets Day agenda (approximate timings, all in CEST)
10:30 – Welcome and safety
10:40 – Introduction to Alleima: Göran Björkman, President and CEO
11:20 – Financial performance and targets: Olof Bengtsson, CFO
11:50 – Q&A
12:00 – Lunch break
12:45 – Division Tube: Michael Andersson, President Tube
13:15 – Division Kanthal: Anders Björklund, President Kanthal
13:40 – Division Strip: Claes Åkerblom, President Strip
14:00 – Capturing the energy transition opportunity: several members of the management team
14:25 – Q&A
14:45 – Concluding remarks: Göran Björkman, President and CEO
15:00 – End of webcast
15:00 – Guided tour of the steel mill and Surface Technology facilities (for on-site participants only)
Dial in details for the conference call:
Sweden: +46 8 505 583 65
UK: +44 3 333 009 035
United States: +1 646 722 49 57
The first day of trading on the Nasdaq Stockholm stock exchange is planned for August 31, 2022. For detailed information on the company, including the process to distribute the Alleima shares to Sandvik shareholders, please see the prospectus that was published August 4, 2022, on www.alleima.com.
Stockholm, August 23, 2022
Sandvik AB
For further information, contact Emelie Alm, Head of Investor Relations, Alleima, phone: +46 (0) 79 060 8717, or Yvonne Edenholm, Press and Media Relations Manager, Alleima, phone +46 (0) 72145 2342, or Louise Tjeder, VP Investor relations, Sandvik, phone: +46 (0) 70782 6374 or Johannes Hellström, Press and Media Relations Manager, Sandvik, phone: +46 (0) 70721 1008
[1] Adjusted EBIT (operating profit excluding items affecting comparability and metal price effects) in relation to revenues.
[2] Interest-bearing current and non-current debts, including net pension and lease liability, less cash and cash equivalents.
[3] Metal price effect on the operating profit during a particular period from changes in alloy prices arising from the timing difference between the purchase (as included in cost of goods sold) and the sale of an alloy (as included in the revenue) when alloy surcharges are applied.
This information was brought to you by Cision http://news.cision.com
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SOURCE Sandvik | https://www.mysuncoast.com/prnewswire/2022/08/23/alleima-hosts-its-first-capital-markets-day/ | 2022-08-23T06:56:56Z |
Lockdowns during the COVID-19 pandemic made many renters realize they could pick up and move to a place where they could get more bang for their buck, but the ramifications of the global health crisis didn’t stop there.
Months-long wait times for common building materials, supply chain issues, more expensive building products, and a need for workers are among the various pandemic-related factors that have contributed to the delay in housing development. This stagnation also plays an important role in why rents are higher today, with rents having spiked 15.3% year over year across the country. This is particularly evident in the Sun Belt—which includes Florida, Arizona, and Texas—where the biggest rent increases are, as more people move to warmer climates.
Stacker examined May 2022 data from the rental platform Apartment List to see which major cities have recorded the biggest year-over-year rent increases. To be included in the analysis, the city had to have at least 350,000 residents. In the event of a tie, the percentage change from the previous month was used.
Read on to see if your city is experiencing a surge in rental prices.
You may also like: Best places to raise a family in the Midwest
#10. Raleigh, North Carolina
– Median rent for a one-bedroom apartment: $1,270
– Median rent for a two-bedroom apartment: $1,445
– Change from May 2021: 20.9%
Although Raleigh’s rents dipped at the end of 2021, they’ve risen again. Would-be homebuyers who have been priced out of Raleigh’s skyrocketing real estate market are continuing to rent, which creates a lack of supply and increases average rents. While Raleigh’s rents are rising, they’re still affordable compared to other large cities around the country.
#9. Nashville, Tennessee
– Median rent for a one-bedroom apartment: $1,286
– Median rent for a two-bedroom apartment: $1,448
– Change from May 2021: 21.5%
Big Tech companies like Oracle and Amazon are among the employers fueling job growth in Nashville. More good jobs in the city also fuels population growth, and the housing supply hasn’t been able to keep up.
Although the pandemic slowed down real estate development, a number of apartment buildings will be opening up in the coming years, which may ease rent prices.
#8. Austin, Texas
– Median rent for a one-bedroom apartment: $1,455
– Median rent for a two-bedroom apartment: $1,771
– Change from May 2021: 21.5%
From 2010 to 2020, Austin’s population exploded by over a half million people to 2.3 million people, due in part to its affordability. Tech companies like Oracle and Tesla relocated their headquarters from Silicon Valley to Austin, while Apple and Google have expanded their Austin offices. Remote workers also arrived from more expensive cities, causing more pressure on the housing market and keeping would-be homeowners in rental situations.
The pandemic also caused rents to fall below market rates, but now that people are moving around again, rental prices are making up for lost time.
#7. Las Vegas
– Median rent for a one-bedroom apartment: $1,113
– Median rent for a two-bedroom apartment: $1,423
– Change from May 2021: 21.9%
Many remote workers moved to Las Vegas from more expensive cities and brought their higher-paying salaries with them. This has allowed them to afford rents that are out of reach to existing residents.
In addition, outside investors and hedge funds have been snapping up properties for sale, which means would-be homebuyers keep renting. As material shortages and other supply chain issues persist, the supply of new housing options has struggled to keep up.
#6. Tucson, Arizona
– Median rent for a one-bedroom apartment: $959
– Median rent for a two-bedroom apartment: $1,262
– Change from May 2021: 21.9%
Nearly half of Tucson’s population rents, but there’s not enough rental housing supply to keep up with demand, which has caused prices to soar. Several contributing factors are at play, including a focus on single-family home construction versus apartment buildings and the proliferation of apartments being used as short-term or vacation rentals.
Although residents who rent believe price-gouging is at play, state law prohibits limiting how much a landlord can charge for rent. This has put increasing pressure on residents’ wallets, even if Tucson is still one of the more affordable cities in Arizona.
You may also like: Best counties for retirees in America
#5. Phoenix
– Median rent for a one-bedroom apartment: $1,232
– Median rent for a two-bedroom apartment: $1,490
– Change from May 2021: 23.3%
A prime city in the Sun Belt, Phoenix is considered affordable to those who live outside of the area, which has spurred population growth.
Supply chain and labor issues have led to a housing shortage. In addition, the 2008 housing bubble greatly affected the city, and new construction stopped. While things have resumed, the supply hasn’t caught up with demand. This is evident in Phoenix’s 2022 rental vacancy rate of just 3%, half of what it normally is.
Investors have also jumped at the chance to own rental property in the area. They have spent more than $13 billion buying up apartments, causing sales prices—and rents—to jump.
#4. Mesa, Arizona
– Median rent for a one-bedroom apartment: $1,290
– Median rent for a two-bedroom apartment: $1,488
– Change from May 2021: 24.9%
While rents in Mesa have climbed sharply, single-family homes have increased even more: The average sale price of a home is 55% higher in 2022 compared to 2020. This has kept would-be buyers in their rentals and shrunk the supply of rental units.
Also fueling rents is an influx of investor dollars. In November 2021, investors snapped up three apartment complexes in Mesa for more than $354.5 million, betting that the city’s high population growth will translate to higher rents.
#3. Miami
– Median rent for a one-bedroom apartment: $1,568
– Median rent for a two-bedroom apartment: $2,078
– Change from May 2021: 26.6%
The pandemic has fueled a massive rent increase across Miami as remote workers—particularly New Yorkers—flocked there for better weather, lower taxes, and fewer pandemic restrictions.
Armed with higher incomes in a rental market that seems cheap by comparison, renters who are looking in desirable neighborhoods are starting to offer more than what landlords are asking, which drives up prices in some areas.
In response, Miami-Dade County enacted a law in March 2022 that requires landlords to provide at least 60 days’ notice if a tenant’s rent will increase more than 5%, and extends the eviction notice period from 30 to 60 days.
#2. Tampa, Florida
– Median rent for a one-bedroom apartment: $1,419
– Median rent for a two-bedroom apartment: $1,751
– Change from May 2021: 27.6%
A growing population has caused Tampa’s rental rates to spike and vacancy rates to plummet to an all-time low of 4.4%. More renters are choosing to live on their own, which also exacerbates the amount of housing supply.
The supply levels aren’t due to increase anytime soon. The housing bubble hit Florida hard, and development hasn’t grown enough since then to meet the current needs.
#1. New York
– Median rent for a one-bedroom apartment: $1,956
– Median rent for a two-bedroom apartment: $2,066
– Change from May 2021: 31.8%
Nearly 4% of New Yorkers fled the city during the pandemic, eager for space and affordability. Rents plummeted to all-time lows in 2021, and renters enjoyed a temporary reprieve from the city’s legendary high rents.
With the pandemic entering a less acute phase, people are returning to the city as jobs open up, workers go back to the office, and remote learning ends. This has caused rents to rebound, particularly in wealthier neighborhoods, as landlords try to make up for lost income and deal with higher costs.
You may also like: Best places to raise a family in the Northeast | https://cw33.com/news/texas/this-texas-city-among-top-10-cities-where-rents-have-increased-the-most/ | 2022-06-10T17:21:57Z |
BEIJING, June 10, 2022 /PRNewswire/ -- Recently, Secoo Group(NASDAQ:SECO) has made an official announcement that it will build up a Black Card service system concerning exquisite lifestyle--to turn its high-end users into its spokesman.
According to Bain& Company's annual China Luxury Report 2021, despite mounting global social and economic challenges, China's Luxury goods mainland market(not include Hongkong and Macao ) finished 2021 with strong double-digit growth overall, with some brands exceeding a 70% increase. Even though China market has reached a high level of digitization and continues to grow, the report forecasts that the online sales of China market's person luxury goods will increase approximately by 56%.
It shows that the most concerned China's high-end users of luxury goods has shifted from offline consumption to online consumption due the epidemic outbreak. On top of that, consumers use to be influenced by others when they make luxury goods purchase decision and now they tend to be more rational. A newly-released report by Bain&Company Unpacking Asia-Pacific Consumers' New Love Affair With Sustainability suggests that 90% of the respondents of a survey of 16,000 consumers in Asia-Pacific countries are willing to pay for products' sustainability and 40% of the respondents show willingness to increase their budgets on sustainable products in next 3 years.
As a world famous exquisite lifestyle platform, Secoo mainly focuses on high-end consumer market and believes that high-end consumers will be the trend of domestic personal luxury goods. Since its foundation in 2008, Secoo has been dedicated to providing the latest and smartest fashion items for high-end users. As of now, Secoo has more than 50 million registered high-end users, covering over 4000 high-end brands of clothing, shoes and boot, bags, watches, jewelry and accessories. As the global epidemic continues, high-end users' demands for exquisite life have changed significantly.
In consideration of the needs of high-end users, Secoo has launched its Black Card service system concerning exquisite lifestyle. Nevertheless, the services provided is not standardized, instead, it's personalized and customized luxury service. Based on the personalized demands, Secoo will tailor the high-end customized service for users by providing both online and offline services. Experts, buyers and consultants from various high-end areas of life will provide the most detailed services and experiences for its users covering life modes and scenes.
As Li Rixue, the founder of Secoo, says that Secoo, even though works in luxury goods industry, aims to be companies like American Express and Michelin and a world famous company needs to standardized its service down to the smallest detail. So Secoo now needs to constantly optimize existing service standards as well as to refine and categorize users' demands so as to provide personalized services for each user. Only in this way can Secoo turn its users to potential spokesman.
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SOURCE Secoo Group | https://www.mysuncoast.com/prnewswire/2022/06/10/secoo-creating-its-own-black-card-exquisite-lifestyle-turning-users-into-spokesman/ | 2022-06-10T11:33:43Z |
Luis Torrens becomes 2nd Mariners player on COVID IL
SEATTLE (AP) — The Seattle Mariners placed catcher Luis Torrens on the COVID-19 injured list. Torrens is the second Seattle player to land on the virus list in recent days. Outfielder Mitch Hangier was placed on the COVID-19 list on Saturday after he tested positive. Torrens was placed on the list with Seattle coming off its first day off of the season and ahead of the first game of a series with Texas. Seattle selected infielder Mike Ford from Triple-A Tacoma to take Torrens’ roster spot. | https://localnews8.com/sports/ap-national-sports/2022/04/19/luis-torrens-becomes-2nd-mariners-player-on-covid-il/ | 2022-04-20T01:57:07Z |
Iran media report 1 killed in unrest over food price hikes
TEHRAN, Iran (AP) — An Iranian lawmaker says one person was killed in his city during recent unrest over price increases in the southwestern Khuzestan province. Semi-official ILNA news agency reported Saturday that Ahmad Avaei, a member of parliament from Dezful, did not give the name or gender of the person killed, or say how many people were arrested during the unrest. State media reported Friday that Iranian authorities had arrested at least 22 demonstrators who had been protesting sudden price hikes of subsidized staple foods, 15 of them in Dezful. A firefighter was injured in clashes with demonstrators in a nearby city, Andimeshk. | https://localnews8.com/news/ap-national-business/2022/05/14/iran-media-report-1-killed-in-unrest-over-food-price-hikes/ | 2022-05-14T17:18:56Z |
Russia frees captive medic who filmed Mariupol’s horror
TALLINN, Estonia (AP) — A celebrated Ukrainian medic whose footage was smuggled out of the besieged city of Mariupol by an Associated Press team was freed by Russian forces on Friday, three months after she was taken captive on the streets of the city.
Yuliia Paievska is known in Ukraine as Taira, a nickname she chose in the World of Warcraft video game. Using a body camera, she recorded 256 gigabytes of her team’s efforts over two weeks to save the wounded, including both Russian and Ukrainian soldiers.
She transferred the clips to an Associated Press team, the last international journalists in the Ukrainian city of Mariupol, one of whom fled with it embedded in a tampon on March 15. Taira and a colleague were taken prisoner by Russian forces on March 16, the same day a Russian airstrike hit a theater in the city center, killing around 600 people, according to an Associated Press investigation.
“It was such a great sense of relief. Those sound like such ordinary words, and I don’t even know what to say,” her husband, Vadim Puzanov, told The Associated Press late Friday, breathing deeply to contain his emotion. Puzanov said he spoke by phone with Taira, who was en route to a Kyiv hospital, and feared for her health.
Initially, the family had kept quiet, hoping negotiations would take their course. But The Associated Press spoke with him before releasing the smuggled videos, which ultimately had millions of viewers around the world, including on some of the biggest networks in Europe and the United States. Puzanov expressed gratitude for the coverage, which showed Taira was trying to save Russian soldiers as well as Ukrainian civilians.
Ukrainian President Volodymyr Zelenskyy announced Taira’s release in a national address.
“I’m grateful to everyone who worked for this result. Taira is already home. We will keep working to free everyone,” he said.
Hundreds of prominent Ukrainians have been kidnapped or captured, including local officials, journalists, activists and human rights defenders.
Russia portrayed Taira as working for the nationalist Azov Battalion, in line with Moscow’s narrative that it is attempting to “denazify” Ukraine. But the AP found no such evidence, and friends and colleagues said she had no links to Azov, which made a last stand in a Mariupol steel plant before hundreds of its fighters were captured or killed.
The footage itself is a visceral testament to her efforts to save the wounded on both sides.
A clip recorded on March 10 shows two Russian soldiers taken roughly out of an ambulance by a Ukrainian soldier. One is in a wheelchair. The other is on his knees, hands bound behind his back, with an obvious leg injury. Their eyes are covered by winter hats, and they wear white armbands.
A Ukrainian soldier curses at one of them. “Calm down, calm down,” Taira tells him.
A woman asks her, “Are you going to treat the Russians?”
“They will not be as kind to us,” she replies. “But I couldn’t do otherwise. They are prisoners of war.”
Taira was a member of the Ukraine Invictus Games for military veterans, where she was set to compete in archery and swimming. Invictus said she was a military medic from 2018 to 2020 but had since been demobilized.
She received the body camera in 2021 to film for a Netflix documentary series on inspirational figures being produced by Britain’s Prince Harry, who founded the Invictus Games. But when Russian forces invaded, she used it to shoot scenes of injured civilians and soldiers instead.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/18/russia-frees-captive-medic-who-filmed-mariupols-horror/ | 2022-06-18T08:50:24Z |
MENLO PARK, Calif., June 13, 2022 /PRNewswire/ - ActZero, an AI-enabled continuous threat detection and response provider, today announced the launch of its MDR for Mobile solution - part of its growing Managed Detection and Response (MDR) portfolio of services.
"I'm delighted to launch our MDR for Mobile solution to extend our continuous threat hunting capabilities across the entire business attack surface," said Chris Finan, President and Chief Operating Officer of ActZero. "We're observing adversaries targeting mobile devices more frequently to gain access to corporate environments. Businesses need to be able to find and stop mobile threats quickly, before they spread into the corporate network."
According to Deloitte, reports indicate that 91% of all attacks begin with a phishing email to an unsuspecting victim. Estimates indicate that 60% of these emails are read on mobile devices. The ActZero MDR for Mobile solution helps protect users by quickly identifying nefarious and suspect phishing attempts by triggering on-device warnings, and if needed, deploying on-device control mechanisms to mitigate risks. Additionally, the service offers protections against man-in-the middle attacks, rogue access point identification, non-approved profile and configuration changes, malicious apps, and more.
Advanced threats require an advanced security solution to be able to detect, investigate, and respond to attacks. ActZero MDR for Mobile provides the threat intelligence and machine learning detections required to stay ahead of adversaries targeting mobile devices. Users and administrators are provided with instant notifications of mobile threats along with detailed remediation guidance. Security event details and mobile device hygiene reports are also available 24/7 within ActZero's customer portal, providing the visibility needed to make informed decisions when prioritizing remediative actions. ActZero's MDR for Mobile solution can be installed in minutes, with no complicated configuration requirements and minimal user interaction. The solution supports Apple, Android or Google Chrome mobile phones, tablets, and laptops.
Threat actors are known to target multiple vectors ᠆ including other endpoints, network and cloud ᠆ in addition to mobile devices. ActZero's data-driven MDR platform helps protect against cross-vector threats by providing businesses with holistic, broad threat detection and comprehensive response across endpoints, mobile devices, network, and a wide range of cloud SaaS and IaaS solutions. ActZero's continuously-tuned machine learning models can unravel an entire attack more quickly than traditional detection and response solutions, precisely detecting threats earlier, wherever they may appear in a customer's environment. And with a 24/7 response capability, ActZero ensures attacks are contained and remediated quickly, with follow-up guidance on how to prioritize and mitigate future risks.
For businesses who are confident in their existing non-mobile coverage, ActZero MDR for Mobile is also available as a standalone service where mobile device threat protection is required.
ActZero is a Gartner-recognized provider of Managed Detection and Response (MDR) services that offers 24/7 threat protection, securing small and mid-size businesses, empowering customers to cover more ground in their cybersecurity efforts without taxing existing budgets and resources. We combine our core AI and ML technologies and processes with human threat hunting and threat intelligence to detect and identify vulnerabilities, eliminating more threats in less time. We actively partner with our customers to drive security engineering, increase internal efficiencies and effectiveness and, ultimately, build a mature cybersecurity posture. Whether shoring up an existing security strategy, or building a primary line of defense, ActZero's client-first approach helps reduce the unique risks and gaps that could leave a business vulnerable to attack.
For more information, please visit https://actzero.ai/platform/mdr-for-mobile/
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SOURCE ActZero | https://www.mysuncoast.com/prnewswire/2022/06/13/actzero-debuts-threat-detection-response-mobile-devices/ | 2022-06-13T11:28:00Z |
PARIS (AP) — France’s presidency on Friday focused on global warming, the war in Ukraine and the Iran nuclear deal in relaying details about the controversial dinner in Paris between Saudi Crown Prince Mohammed bin Salman and French President Emmanuel Macron.
In a generally celebratory communique, the presidential Elysee palace skirted over the issue of the gruesome Saudi killing of U.S.-based journalist and Saudi dissident Jamal Khashoggi in 2018. Western intelligence has determined that Prince Mohammed was complicit in the killing.
The French statement said the president and prince in their meeting Thursday “welcomed the strengthening of exchanges between the Kingdom of Saudi Arabia and France (and) they expressed the wish to deepen the relationship between the two countries and to continue their consultation to meet regional and global challenges, in particular the fight against global warming.”
Little was said regarding French or European energy links with energy-rich Saudi Arabia, even as Russia’s threats to cut of the European Union’s gas supplies has had European leaders scrambling for alternative energy sources. French media suggested this was the reason the prince was invited.
Macron, his office said, “underlined the importance of continuing the coordination initiated with Saudi Arabia with a view to diversifying the energy supplies of European states.”
A short phrase ending the statement said simply that Macron also “addressed the issue of human rights in Saudi Arabia.” It did not elaborate.
Macron’s approach contrasted with that of U.S. President Joe Biden, who met with the Saudi prince earlier this month in Jeddah and said — publicly — that he told him he held him responsible for Khashoggi’s killing.
The meeting with Marcon marked another step in the Saudi leader’s diplomatic rehabilitation less than four years after Khashoggi’s slaying at the Saudi Consulate in Istanbul.
The crown prince lost supporters in the West who previously had been cheering his social reforms at home. He maintains he had no knowledge of the operation, despite it being carried out by people who directly reported to him.
French government spokesman Olivier Veran on Friday defended the crown prince’s visit, saying it was “part of international geopolitics” and was “essential (so that)… France makes its views, priorities, action on the international level heard.”
The Saudi prince, who stopped in Greece before coming to France, is making his first official visit to the EU since the Khashoggi slaying.
___
Catherine Gashka contributed | https://cw33.com/news/international/ap-international/france-skirts-over-khashoggi-killing-amid-saudi-prince-visit/ | 2022-07-29T17:44:30Z |
WASHINGTON (AP) — Dr. Anthony Fauci, the nation’s top infectious disease expert who became a household name — and the subject of partisan attacks — during the COVID-19 pandemic, announced Monday he will leave the federal government in December after more than five decades.
Fauci directs the National Institute of Allergy and Infectious Diseases, is chief medical adviser to President Joe Biden and also leads a lab studying the immune system.
While the COVID-19 pandemic introduced him to millions of Americans, he’s given straight-talk to the nation about numerous outbreaks including HIV/AIDS, SARS, pandemic flu, Ebola and the 2001 anthrax attacks.
“I’ve gone into this campus and into the labs and into the hospital every day, including most weekends, for 54 years. The idea of walking away from it obviously is bittersweet,” Fauci told The Associated Press.
In announcing his departure, the 81-year-old Fauci called his roles “the honor of a lifetime” but said it was time “to pursue the next chapter of my career.”
Known for his candor and for the ability to translate complex medical information into everyday language, Fauci has been a key adviser to seven presidents starting with Ronald Reagan.
Fauci became the face of the government response to COVID-19 as it hit in early 2020, with frequent appearances on television news and at daily press conferences with White House officials, including then-President Donald Trump. But as the pandemic deepened, Fauci fell out of favor with Trump when his urgings of continued public caution clashed with the former president’s desire to return to normalcy and to promote unproven treatments for the virus.
Fauci found himself marginalized by the Trump administration, but he continued to speak out publicly in media interviews, advocating social distancing and masks in public settings before the rollout of the COVID-19 vaccines.
He was also the subject of political attacks and death threats and was given a security detail for his protection.
When Biden won the White House, he asked Fauci to stay on in his administration in an elevated capacity.
“I’ve been able to call him at any hour of the day for his advice,” Biden said in a statement. “Whether you’ve met him personally or not, he has touched all Americans’ lives with his work. I extend my deepest thanks for his public service. The United States of America is stronger, more resilient, and healthier because of him.”
Fauci said he planned to continue working after leaving the government, saying he wants to use his experience “to hopefully inspire the younger generation of scientists and would-be scientists” to consider a career in public service.
For all the rancor of the coronavirus pandemic, it wasn’t Fauci’s first run-in with an angry public. He became head of the infectious diseases branch of the National Institutes of Health in 1984 when the nation was in the throes of the AIDS crisis. Activists protested what they saw as government indifference and Fauci, frustrated at being unable to save dying patients in the NIH’s hospital, brought them to the table in the hunt for treatments.
Later, under President George W. Bush, Fauci helped develop PEPFAR, the President’s Emergency Plan for AIDS Relief, to bring life-saving HIV treatments to developing countries. In 2008, Bush awarded Fauci the Presidential Medal of Freedom.
Fauci said Monday he’d hoped there would be a successful HIV vaccine before he retired but “it wasn’t for lack of trying” to overcome extraordinary scientific challenges posed by that virus.
Fast forward to COVID-19, and for many Americans, Fauci has remained a trusted voice even as scientists were surprised again and again by a fast-evolving new virus. The NIH had laid the scientific groundwork for the speedy development of powerful coronavirus vaccines that, while not perfect, are highly effective at preventing serious illness and death.
Fauci told the AP that he remains frustrated at the country’s divisions over how to handle the pandemic.
“If ever there was a situation where you wanted a unified approach and everybody pulling together for the common good, it would be when you’re in the middle of a public health crisis,” he said. “As a physician and a scientist, I and my colleagues have the responsibility to do what’s correct, what is science-based.”
___
The Associated Press Health and Science Department receives support from the Howard Hughes Medical Institute’s Department of Science Education. The AP is solely responsible for all content. | https://cw33.com/health/ap-health/fauci-announces-december-departure-from-government-service/ | 2022-08-23T12:56:28Z |
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Pottsboro-Van Alstyne Highlights
Pottsboro-Van Alstyne Highlights
By
KXII Staff
Published: Aug. 27, 2022 at 12:36 AM CDT
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Updated: 26 minutes ago
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Hugo-Dickson Highlights | https://www.kxii.com/2022/08/27/pottsboro-van-alstyne-highlights/ | 2022-08-27T06:04:44Z |
NEW YORK, Aug. 11, 2022 /PRNewswire/ -- Knowify, leaders in the construction business management software space, announced today the release of the Knowify Connector - a new and improved integration with QuickBooks Online Advanced which further simplifies the financial management of construction projects for contractors. Intuit (Nasdaq: INTU), the global technology platform behind TurboTax, QuickBooks, Mint, Credit Karma and Mailchimp, has made the connector available for all users who utilize both QuickBooks Online Advanced and Knowify at no additional cost.
The Knowify Connector makes it easier than ever for construction businesses to collect data on projects, invoices, and expenses in a single place, eliminating the need for double-data-entry and preserving data quality. The nearly real-time sync of data between the platforms means that users can evaluate project profitability in real-time, and better understand where they have cost overruns. The Connector enables project managers and financial professionals to work in lockstep, so projects can progress without interruption, and the impact of an individual project's profitability on the overall business can be quickly gauged.
"The Knowify Connector has made the already deep integration between QuickBooks Online Advanced and Knowify even more powerful and accessible." Said Marc Visent, CEO and Co-founder of Knowify. "Knowify's mission is to give growing construction companies the tools and guidance needed to execute on projects more efficiently and to understand how each project they take on is affecting their business overall. The Knowify Connector gives contractors faster, more accurate project data, so they can have a clear idea of how their projects and overall business are performing."
Key Benefits:
- Streamline your project processes: Avoid dual data entry for projects created in Knowify and corresponding project financials in QuickBooks Online Advanced.
- Track performance at a glance: Share project info between Knowify and QuickBooks Online Advanced, to quickly gauge profitability and see actualized project costs vs budget broken down by materials, equipment, labor, and more.
- See project updates in real time: Business owners and financial professionals working in QuickBooks Online Advanced and your project managers operating in Knowify can work in sync using the latest project information.
To learn more about Knowify, visit: https://www.knowify.com/
To learn more about the Knowify Connector, visit: https://quickbooks.intuit.com/r/bookkeeping/whats-new-in-quickbooks-online-june-2022/
To learn more about QuickBooks Online Advanced for Construction, visit: https://quickbooks.intuit.com/industry/construction/
About Knowify
Founded in 2016, Knowify's business management software empowers trade contractors and subcontractors to build their business with confidence using a simple but powerful suite of tools. With the ability to create proposals, track employee time and expenses, track job-costs at a granular level, and handle invoicing, Knowify shows the impact every job is having on your business, so you know exactly which projects to focus on. Knowify acts as a single source of truth for every project, eliminating all the manual data entry and expense tracking that keeps business owners and managers tied up at their desk. Knowify also features an extensive integration with Intuit QuickBooks, and is a top-rated construction solution on Intuit's Apps.com.
About Intuit
Intuit is the global technology platform that helps consumers and small businesses overcome their most important financial challenges. Serving more than 100 million customers worldwide with TurboTax, QuickBooks, Mint, Credit Karma, and Mailchimp, we believe that everyone should have the opportunity to prosper. We never stop working to find new, innovative ways to make that possible. Please visit us for the latest information about Intuit, our products and services, and find us on social.
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SOURCE Knowify | https://www.kxii.com/prnewswire/2022/08/11/new-integration-offers-enhanced-two-way-sync-projects-invoices-expenses-between-knowify-quickbooks-online-advanced/ | 2022-08-11T19:49:26Z |
BUDAPEST, Hungary (AP) — One of Viktor Orban’s closest associates has resigned in protest over what she called a “pure Nazi” speech given by the Hungarian prime minister in which he railed against Europe becoming a “mixed race” society.
It was a rare rebuke from within the governing ranks of the Hungarian leader, who has long been accused by the European Union of eroding democratic institutions and norms.
In her resignation letter, published Tuesday by Hungarian media, longstanding adviser Zsuzsa Hegedus compared Orban’s rhetoric to the language used in Nazi Germany.
“I am sincerely sorry that I have to end a relationship due to such a shameful position,” said Hegedus, who worked with Orban for 20 years. “I was left with no other choice.”
While Orban’s anti-migration stance and criticism of Western liberal values have long prompted backlash, Saturday’s speech sparked a fresh wave of outrage throughout Europe and from the opposition in Hungary.
In it, Orban declared that countries with largescale migration from outside of Europe “are no longer nations.”
“There is a world in which European peoples are mixed together with those arriving from outside Europe,” he said in the speech in Baile Tusnad, a majority ethnic Hungarian city in Romania. “Now, that is a mixed-race world.”
In what he described as “our world,” Orban said “people from within Europe mix with one another.”
“We are willing to mix with one another, but we do not want to become peoples of mixed-race,” he said, adding: “Migration has split Europe in two — or I could say that it has split the West in two.”
“One half is a world where European and non-European peoples live together. These countries are no longer nations: they are nothing more than a conglomeration of peoples.”
Hegedus’ resignation was a rare criticism from within Orban’s closest circle. The Hungarian prime minister and his conservative Fidesz party hold a comfortable majority and have sought to curb critical voices.
Hegedus told Orban that his comments were unacceptable even by the standards of “the most bloodthirsty racist.”
“I don’t know how you didn’t notice that you were presenting a pure Nazi text worthy of Goebbels,” she wrote, referring to Joseph Goebbels, the chief Nazi propagandist under Adolf Hitler.
“I cannot dispense with it this time, even for the sake of our nearly 20-year friendship,” she added.
Hungary’s hvg.hu news portal said Hegedus also sent a copy of her resignation letter to Hungary’s chief rabbi, Robert Frolich, who also criticized Orban’s remarks.
Orban accepted Hegedus’ resignation but dismissed her criticism in a response letter.
“You can’t be serious about accusing me of racism after 20 years of working together,” he said. “You know best that my government follows a policy of zero tolerance when it comes to antisemitism and racism in Hungary.”
Orban will travel to the U.S. next week to address a gathering of conservative activists. Orban has become a hero to many on the American right for his push against immigration and LGBTQ rights. | https://cw33.com/news/international/ap-international/hungarys-leader-rebuked-for-opposing-mixed-race-society/ | 2022-07-28T08:06:19Z |
Winners CarParts.com, italki, LendingTree, Malwarebytes, Slickdeals, Sweetwater, Udacity, Zumper, and 14 West recognized for success in customer-centric, AI-powered campaigns across marketing channels
SAN FRANCISCO, Sept. 1, 2022 /PRNewswire/ -- Blueshift, the leading Smart Hub platform for intelligent customer engagement, today announced the winners of its Omnies awards celebrating the innovative ways marketers are hyper-personalizing connections at scale. The 2022 Omnies award winners were announced at the company's annual Engage conference, held Aug. 31 in San Francisco.
"The Blueshift Omnies recognize impactful initiatives that create moments of wow for customers across every touchpoint using connected cross-channel campaigns, AI-powered personalization, rich customer data, and more," said Vijay Chittoor, CEO and co-founder of Blueshift. "The Omnies winners are marketing innovators, trailblazers, leaders, rising stars, and mentors. We are proud to celebrate their inspirational approaches to supercharge marketing."
The following organizations have driven change and value for their business by leveraging the power of intelligent customer engagement across channels and have been recognized as the 2022 Omnies award winners in their categories:
- Orchestration Category Winner: Zumper
Zumper's mission is to modernize the rental experience for renters and property owners by making renting an apartment as easy as booking a hotel. Zumper uses AI-powered recommendations to connect renters with the right listings. Even with millions of listings, Zumper caters to the unique preferences of each individual renter, orchestrating robust customer journeys across email, SMS, and push notifications. - Marketing with AI Category Winner: CarParts.com
Using the latest technologies and design principles, CarParts.com makes it easy for drivers to shop for the parts they need and get their vehicles back on the road. The company uses AI-powered recommendations to surface the right auto parts for each customer from over 800,000 SKUs. CarParts.com provides personalized product and content recommendations to each user based on their vehicle year, make, and model, as well as real-time website behaviors. - New Rising Star Category Winner: Sweetwater
Sweetwater is the #1 online retailer of pro audio and music instruments in the United States, serving over eight million music makers. As a new Blueshift customer, Sweetwater has set out to build a data-driven marketing strategy. Focused on engaging interactions across multiple touchpoints throughout the customer lifecycle (email, web, in-app, social), Sweetwater aims to provide personalized recommendations for each user. - New Rising Star Category Winner: Malwarebytes
Malwarebytes brings cyber-protection to everyone, helping to keep its customers free from online threats. Malwarebytes' strategy focuses on creating a unified experience for customers, resulting in improved engagement, retention, and adoption. Since onboarding with Blueshift, Malwarebytes has been able to increase its email-able customer base, email open rates, and engagement, as well enhance existing marketing campaigns and launch new campaigns. - Innovative Campaign Category Winner: italki
italki provides a comprehensive language experience for anyone who wants to learn a new language in a personalized and authentic way. One of italki's innovative marketing campaigns focuses on recommending compelling content to students based on their learning language and unique learning journey. By making improvements to the campaign's target audience, template, and recommendation scheme, the campaign resulted in a significant increase in revenue. - Engagement Category Winner: Slickdeals
Slickdeals is where 12 million savvy shoppers discover and share great deals. Slickdeals kicked off a marketing program to incentivize current and new users to engage with the community. Using segmentation, Slickdeals has been able to target power users and new users based on common behaviors and interest signals to create lookalike audiences. This program increased engagement and transactions by over 65%. - Engagement Category Winner: Udacity
Udacity is on a mission to upskill the world's workforce through the power of knowledge. By creating 1:1 personalized interactions and triggering real-time messages, Udacity has continued to increase student engagement. - Strategic First-Party Data Category Winner: 14 West
14 West is a business services firm with a global mindset. 14 West Tech & Media Solutions offers a range of products and services for publishing in the digital age. 14 West works with affiliate publishers to acquire first-party data across many brands. With this rich data, 14 West has gained a better understanding of their customers to personalize omnichannel journeys for increased engagement. - Strategic First-Party Data Category Winner: LendingTree
LendingTree is an online loan marketplace for various financial borrowing needs including auto loans, home loans, small business loans, personal loans, student loans, credit cards, and more. The company also empowers customers with expert guidance and financial health hints and tips. LendingTree uses first-party data to power a true omnichannel environment, leveraging orchestrated triggers across all touchpoints, including email, mobile, SMS, direct mail, and paid media audience syndications.
Each category had many impressive submissions. In addition to the winners, these chosen honorees demonstrated marketing excellence in their categories:
- Orchestration: ClearScore, Chatbooks, Stitch Fix
- Marketing with AI: discovery+, Tradera, Skillshare, vouchercloud
- New Rising Star: PRADCO, Zark
- Innovative Campaign: WayUp
- Engagement: James Allen
- Strategic First-Party Data: BIGGBY COFFEE
San Francisco-based Blueshift helps brands deliver relevant, connected experiences across every customer interaction. The Blueshift cross-channel marketing platform uses patented AI technology to unify, inform, and activate the fullness of customer data across all channels and applications. Through unified data, cross-channel orchestration, intelligent decisioning, and unmatched scale, Blueshift gives brands all the tools they need to seamlessly deliver 1:1 experiences in real-time across the entire customer journey. Blueshift has been recognized in the 2021 Deloitte Technology Fast 500™ list as one of the fastest growing technology companies in North America.
For more information visit blueshift.com.
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SOURCE Blueshift | https://www.mysuncoast.com/prnewswire/2022/09/01/blueshift-announces-2022-omnies-award-winners-honorees-marketing-excellence-innovation/ | 2022-09-01T19:04:32Z |
Acquisition will create an integrated North American dealer, significantly accelerating TD Securities' U.S. growth strategy
TORONTO and NEW YORK, Aug. 2, 2022 /PRNewswire/ - TD Bank Group ("TD") (TSX: TD) and (NYSE: TD) and Cowen Inc. ("Cowen") (NASDAQ: COWN) today announced a definitive agreement for TD to acquire Cowen in an all-cash transaction valued at US$1.3 billion, or US$39 for each share of Cowen common stock. Through this transaction, TD Securities will accelerate its long-term growth strategy in the United States by acquiring a high-quality and rapidly growing investment bank with outstanding talent and highly complementary products and services.
"Cowen is a leading independent dealer with a premier U.S. equities business and a strong, diversified investment bank that, when combined with TD Securities, will allow us to accelerate our strategic U.S. growth plans," said Bharat Masrani, Group President and CEO, TD Bank Group. "Most importantly, the acquisition will provide new capabilities and increased depth in key business lines to meet our clients' needs and will allow us to leverage our combined expertise, talent, and integrated offerings across a much larger client base."
With this acquisition, TD Securities will benefit from the addition of Cowen's 1,700 talented colleagues and its exceptional leadership team. Once the transaction closes, Jeffrey Solomon, Chair & CEO of Cowen, will join the senior leadership of TD Securities, reporting to Riaz Ahmed, President and CEO, TD Securities and Group Head, Wholesale Banking, TD Bank Group. To leverage the strength of Cowen's brand, post-closing, parts of the combined business will be known as TD Cowen, a division of TD Securities, and will be headed by Mr. Solomon.
"At Cowen our success comes from striving to outperform in all we do by exceeding expectations and providing innovative solutions to, and partnering with, our clients. Taking this step will make us even stronger and more effective in serving their growing needs," said Mr. Solomon. "The strategic decisions and focused investments that we have made over the last few years have positioned Cowen for this exciting next chapter of our growth. I look forward to having our exceptional talent and valued clients join the TD family. We plan to do great things together because we are aligned with our cultural values of vision, empathy, sustainability, and tenacious teamwork."
"Together, we will have more than 6,500 professionals in 40 cities across the globe, extending our reach into new industry coverage areas and building even deeper, long-term client relationships," added Mr. Ahmed. "I look forward to welcoming Jeff and his team to TD Securities and to the fantastic opportunities for growth we will create together."
The combined firms' pro-forma global revenues will increase by more than a third to approximately C$6.8 billion1 with added advisory, capital markets, equity execution and industry-leading research capabilities and broadened expertise in key growth sectors. Following the closing of the transaction, TD Securities' existing depth and breadth in global market research capabilities will benefit from Cowen's complementary and highly diverse equity research franchise, which is positioned among the top 10 research platforms in the U.S. by both stocks under coverage and number of publishing analysts2 and includes considerable expertise in Environmental, Social and Governance research. Furthermore, TD Securities' balance sheet and capital markets expertise are expected to bring immediate benefits to Cowen's existing client base.
The transaction is expected to be modestly accretive to TD's 2023E adjusted EPS on a fully-synergized basis3 and generate approximately 14% adjusted return on invested capital on a fully-synergized run rate basis.4 The purchase price represents a 1.7 times multiple of Cowen's tangible book value as of March 31, 2022 and a 8.1 times multiple of Cowen's 2023E earnings.5 TD expects to achieve US$300-350 million in revenue synergies by year three. TD expects to incur total pre-tax integration and retention costs of approximately US$450 million over three years.
The transaction, which has been approved by the boards of directors of TD and Cowen, is expected to close in the first calendar quarter of 2023, and is subject to customary closing conditions, including approvals from Cowen's stockholders and certain U.S., Canadian, and foreign regulatory authorities, including the Office of the Superintendent of Financial Institutions (OSFI), the Financial Industry Regulatory Authority (FINRA), and under the Hart-Scott-Rodino (HSR) Act.
To provide the capital required for the transaction, TD has sold 28.4 million non-voting common shares6 of The Charles Schwab Corporation ("Schwab") for proceeds of approximately US$1.9 billion, reducing TD's ownership interest from approximately 13.4% to 12.0%. When combined with this share sale, the acquisition of Cowen is expected to be neutral to TD's Common Equity Tier 1 ratio which is expected to be comfortably above 11% at closing, pro forma for the closing of TD's acquisition of First Horizon Corporation.7
TD's strategy with respect to its investment in Schwab has not changed and it has no current intention to divest additional shares.
Perella Weinberg Partners LP served as financial advisor, and Simpson Thacher & Bartlett LLP and Torys LLP served as legal advisors to TD. Ardea Partners and Perkins Advisors LLC served as financial advisors, and Cravath, Swaine & Moore LLP served as legal advisor to Cowen.
TD will host a conference call on August 2, 2022 at 8:30 a.m. ET. Presentation materials will be available on the TD website at www.td.com/investor in advance of the call. A listen-only telephone line will be available at 416-641-6150 or 1-866-696-5894 (toll free) and the passcode is 2727354#.
The audio webcast will be archived at www.td.com/investor. Replay of the teleconference will be available from 5:00 p.m. ET on August 2, 2022, until 11:59 p.m. ET on August 17, 2022 by calling 905-694-9451 or 1-800-408-3053 (toll free) and the passcode is 8313844#.
The Toronto-Dominion Bank and its subsidiaries are collectively known as TD Bank Group ("TD" or the "Bank"). TD is the fifth largest bank in North America by assets and serves more than 26 million customers in three key businesses operating in a number of locations in financial centres around the globe: Canadian Retail, including TD Canada Trust, TD Auto Finance Canada, TD Wealth (Canada), TD Direct Investing, and TD Insurance; U.S. Retail, including TD Bank, America's Most Convenient Bank®, TD Auto Finance U.S., TD Wealth (U.S.), and an investment in The Charles Schwab Corporation; and Wholesale Banking, including TD Securities. TD also ranks among the world's leading online financial services firms, with more than 15 million active online and mobile customers. TD had CDN$1.8 trillion in assets on April 30, 2022. The Toronto-Dominion Bank trades under the symbol "TD" on the Toronto and New York Stock Exchanges.
Cowen Inc. ("Cowen") is a diversified financial services firm that provides investment banking, research, sales and trading, prime brokerage, outsourced trading, global clearing, and commission management services. Cowen also has an investment management division which offers actively managed alternative investment products. Founded in 1918, Cowen is headquartered in New York and has offices worldwide.
This communication contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act") and applicable Canadian securities legislation, with respect to Cowen Inc. ("Cowen") and The Toronto-Dominion Bank's ("TD Bank") beliefs, plans, goals, expectations, and estimates. Forward-looking statements are not a representation of historical information, but instead pertain to future operations, strategies, financial results or other developments. The words "believe," "expect," "anticipate," "intend," "target," "plan," "estimate," "should," "likely," "will," "going forward," and other expressions that indicate future events and trends identify forward-looking statements.
Forward-looking statements are necessarily based upon estimates and assumptions that are inherently subject to significant business, operational, economic and competitive uncertainties and contingencies, many of which are beyond the control of Cowen and TD Bank, and many of which, with respect to future business decisions and actions, are subject to change and which could cause actual results to differ materially from those contemplated or implied by forward-looking statements or historical performance. Examples of uncertainties and contingencies include factors previously disclosed in Cowen's and TD Bank's respective reports filed with the U.S. Securities and Exchange Commission (the "SEC"), and TD Bank's other filings with Canadian regulators, as well as the following factors, among others: the occurrence of any event, change or other circumstances that could give rise to the right of one or both of the parties to terminate the definitive merger agreement between Cowen and TD Bank; the outcome of any legal proceedings that may be instituted against Cowen or TD Bank, including potential litigation that may be instituted against Cowen or its directors or officers related to the proposed transaction or the definitive merger agreement between Cowen and TD Bank to the proposed transaction; the timing and completion of the transaction, including the possibility that the proposed transaction will not close when expected or at all because required regulatory, shareholder or other approvals are not received or other conditions to the closing are not satisfied on a timely basis or at all, or are obtained subject to conditions that are not anticipated; interloper risk; the risk that any announcements relating to the proposed combination could have adverse effects on the market price of the common stock of either or both parties to the combination; the possibility that the anticipated benefits of the transaction will not be realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies, or as a result of economic and competitive factors in the areas where Cowen and TD Bank do business; certain restrictions during the pendency of the merger that may impact the parties' ability to pursue certain business opportunities or strategic transactions; the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; diversion of management's attention from ongoing business operations and opportunities; failing to retain key talent of Cowen after the announcement or completion of the transaction; reputational risk and potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the transaction; Cowen and TD Bank success in executing their respective business plans and strategies and managing the risks involved; currency and interest rate fluctuations; success of hedging activities; material adverse changes in economic and industry conditions, including the availability of short and long-term financing; general competitive, economic, political and market conditions, including difficult market conditions, market disruptions and volatility; the inability to sustain revenue and earnings growth; inflation; the impact, extent and timing of technological changes; capital management activities; the Office of the Superintendent of Financial Institution's and other regulators' legislative and regulatory actions and reforms; the pandemic created by the outbreak of COVID-19 and its variants, and resulting effects on economic conditions, restrictions imposed by public health authorities or governments, fiscal and monetary policy responses by governments and financial institutions, and disruptions to global supply chains; and other factors that may affect future results of Cowen and TD Bank.
Assumptions about Cowen and TD Bank's current and expected financial performance (including balance sheet, income statement and regulatory capital figures), expected capital availability for the proposed transaction, expected closing date of the proposed transaction, expected synergies (and timing to achieve), integration and restructuring costs, assumed purchase price accounting (including fair value marks), costs of financing, foreign exchange rates, and future regulatory capital requirements, including the Office of the Superintendent of Financial Institutions' announced Basel III reforms effective in the second quarter of fiscal 2023, were considered by TD Bank in estimating its expected return on invested capital, adjusted EPS accretion and/or TD Bank's expected regulatory capital ratios. Examples of material assumptions made by TD Bank in the forward-looking statements, including TD Bank's expectations regarding the costs and financial impact of the transaction, include assumptions regarding Cowen's future net income, transaction costs, transaction process, timeline to close and/or integrate the acquisition, expected synergies, expected value of certain lines of business in the event of a divestiture, future TD Bank capitalization, tax rate, currency conversion rate, and financial results. Assumptions about TD Bank's integration plan, the efficiency and duration of integration and the alignment of organizational responsibilities were material factors TD Bank considered in estimating integration costs.
We caution that the foregoing list of important factors that may affect future results is not exhaustive. Additional factors that could cause results to differ materially from those contemplated by forward-looking statements can be found in Cowen's Annual Report on Form 10-K for the year ended December 31, 2021, and in its subsequent Quarterly Reports on Form 10-Q filed with the SEC and available in the "Investor Relations" section of Cowen's website, under the heading "SEC Filings" and in other documents Cowen files with the SEC, and in TD Bank's Annual Report on Form 40-F for the year ended October 31, 2021 filed with the SEC and available in the "Investor Relations" section of TD Bank's website, www.td.com, under the heading "Regulatory Filings" and in other documents TD Bank files with the SEC (available at www.sec.gov) and applicable securities regulators in Canada (available at www.sedar.com). All such factors, as well as other uncertainties and potential events, and the inherent uncertainty of forward-looking statements, should be considered carefully when making decisions with respect to Cowen and TD Bank.
Any forward-looking statements contained in this document represent the views of Cowen and TD Bank only as of the date hereof and are presented for the purpose of assisting their respective shareholders and analysts in understanding the terms of the transaction and Cowen's and TD Bank's objectives and assumptions and may not be appropriate for other purposes. Neither Cowen nor TD Bank undertakes to update any forward-looking statements, whether written or oral, that may be made from time to time by or on its behalf, except as required under applicable securities legislation.
In connection with the proposed transaction, Cowen intends to file relevant materials with the SEC, including a proxy statement on Schedule 14A.
This communication does not constitute an offer to sell or a solicitation of an offer to buy any securities or a solicitation of any vote or approval. SHAREHOLDERS OF COWEN ARE URGED TO READ, WHEN AVAILABLE, ALL RELEVANT DOCUMENTS (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) FILED WITH THE SEC, INCLUDING COWEN'S PROXY STATEMENT, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT Cowen AND THE PROPOSED TRANSACTION.
Investors and shareholders of Cowen will be able to obtain a free copy of the proxy statement as well as other relevant documents filed with the SEC without charge at the SEC's website (http://www.sec.gov). Copies of the proxy statement and the filings with the SEC that will be incorporated by reference in the proxy statement can also be obtained, without charge, by directing a request to Owen Littman at Owen.Littman@cowen.com.
TD Bank and Cowen and certain of its directors, executive officers and employees may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction under the rules of the SEC. Information regarding Cowen's directors and executive officers is available in the proxy statement for its 2021 annual meeting of shareholders, which was filed with the SEC on May 17, 2022, and certain of its Current Reports on Form 8-K. Other information regarding the participants in the solicitation of proxies in respect of the proposed transaction and a description of their direct and indirect interests, by security holdings or otherwise, will be contained in the proxy statement and other relevant materials to be filed with the SEC. Free copies of these documents, when available, may be obtained as described in the preceding paragraph.
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SOURCE TD Investor Relations | https://www.mysuncoast.com/prnewswire/2022/08/02/td-expand-its-us-investment-banking-business-capabilities-with-acquisition-cowen-inc/ | 2022-08-02T11:18:03Z |
Companies Invest in Workplace Safety with WaveCel Technology to Better Protect Workers Against TBI
PORTLAND, Ore., June 27, 2022 /PRNewswire/ -- WaveCel, the award-winning helmet technology that first appeared in the sports industry, has launched its new line of Type II+, full-brimmed hard hats – the WaveCel T2+ MAX ($189) vented hard hat for all-day wear and the WaveCel T2+ PRO ($169) non-vented hard hat for electrical jobs. In over 50 years, WaveCel, LLC is the first company to redesign significantly the standard hard hat by not only accounting for style and comfort, but by lining the entire hard hat shell, crown, and sides with its collapsible WaveCel spatial cellular structure to provide 360 degrees of protection and better absorb energy from a head impact from all angles. Backed by science and rigorous testing, the WaveCel hard hat is designed for various industries, including construction, electrical, engineering, manufacturing, aerospace, mining, gas, oil, and forestry.
All hard hats are NOT created equal. Even one injury to the head is one too many for employees and can result in debilitating and costly traumatic brain injury (TBI) – or a heavy legal and financial burden for companies from insurance claims and a loss of productivity. More and more companies are investing in their employees and prioritizing workplace safety, including bolstering company-wide protective gear and tools.
From construction and manufacturing to steel and environmental services, the following organizations are among the first adopters of the new WaveCel hard hats and here are their testimonials:
- Fry Steel Company: "Our people mean everything to us. What kind of company are we if we don't truly make a commitment to keeping our people safe every single day? So, when we were introduced to WaveCel, we knew our passion for safety aligned and it was simply the right investment for our people. We always want to make sure we have top of the line equipment in our operations and the WaveCel hard hats integrated perfectly with our safety mission." – Brian Moore, President
- Goodfellow Bros.: "After using WaveCel helmets for years in cycling, I received my first WaveCel hard hat to try out. I love the fit, it is incredibly comfortable and light, plus it's packed with the additional protective benefits of the WaveCel technology. With WaveCel bringing its technology to the construction industry, this could raise the bar by which all hard hats are measured. Will a new standard be set?" – Matt Ekerson, Project Executive
- US Ecology: "Having been in the health and safety profession for over 30 years, I have donned many styles and brands of hard hats, all with their own limitations and comfort issues. The WaveCel hard hat design and fit makes me not only feel safer, but it's the most comfortable hard hat I have ever worn. One of my favorite features of the WaveCel hard hat is its inherent ability to stay on my head without a chin strap or overtightening the ratchet system. Our crews work in a dynamic industry with a multitude of hazards, so this is an important feature." – Ken Koppler, Vice President of Health & Safety
- W.E. O'Neil Construction: "Successful implementation of our safety program is paramount to our success and absolute as it relates to our core values. We work in an industry where people are at a safety risk every day and it is imperative that our leadership is always looking for ways to continuously improve our safety program. When I was introduced to the WaveCel T2+ MAX hard hat, it struck me that we have not had any innovation in that area for as long as I can remember, and the sooner we can provide this type of protection for our employees the better. Safety is not an option, and we must provide the highest quality of protection available in the marketplace for our employees." – Todd Guthrie, President
Hard hat protection certification is divided into two categories – Type I and Type II. With that, there are two types of impact performance levels specified in the US Standard (Z89.1-2014) and Canadian Standard (Z94.1-15). Type I hard hats are designed to provide protection from vertical impacts resulting from a blow to the top of the head only. Type II hard hats provides the same crown protection from vertical impacts as well as additional protection from lateral impacts such as hits to the head from the front, side, and back. While most hard hats in the industry are only Type I certified, both WaveCel hard hats are not only Type II certified, but also go one step further to protect against rotational forces in addition to lateral impacts.
Slips and falls are more common than crown impacts and induce rotational forces to the brain that carry a great risk to workers. WaveCel is a network of hundreds of interconnected shock absorbers attenuating impacts through three principal mechanisms: flex, crumple, and glide. Cells crumple to absorb linear forces. More importantly, they also flex and glide to attenuate rotational forces.
Proudly made in the USA, the T2+ PRO and the T2+ MAX are currently available for purchase at www.WaveCel.com and www.TPRindustrial.com.
The WaveCel hard hats will debut at the annual ASSP Safety Conference and Expo in Chicago, IL from June 27 to June 29 at booth #929.
WaveCel is based in Oregon and was founded in 2016 by orthopedic surgeon Dr. Steve Madey and biomechanical engineer Dr. Michael Bottlang. WaveCel is a spatial cellular structure. WaveCel liners in bicycle helmets have shown to absorb up to 73% more rotational force caused from a blow to the head and thus reduced the predicted risk of a concussion by up to 98% compared to standard helmets.[1] The technology first debuted in 2019, creating waves in the sports industry with Trek Bicycle adopting WaveCel in its cycling helmets and Burton utilizing it in ski/snowboard helmets. In 2020, the Bontrager WaveCel helmet was named TIME Magazine's "Best Inventions of 2020." At WaveCel, we're chasing the safest helmet technology, because one head injury is one too many. Learn more at WaveCel.com and on Instagram, Facebook, or Twitter.
Data Sources
[1] Bliven et al., Accident Analysis and Prevention 2019; 124:58–65
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SOURCE WaveCel | https://www.mysuncoast.com/prnewswire/2022/06/27/revolutionizing-workplace-safety-new-line-type-ii-wavecel-hard-hats-launches-heavy-industry-workers/ | 2022-06-27T14:45:45Z |
CHICAGO, Sept. 7, 2022 /PRNewswire/ -- COUR Pharmaceuticals, a clinical-stage biotechnology company developing novel immune-modifying nanoparticles (COUR NanoParticles or CNPs) designed to reprogram the immune system in treating autoimmune disorders, announced the closing of a $30 million financing led by Alpha Wave Ventures.
The proceeds from the financing will be used to expand COUR's CNP platform technology and advance the Company's two human proof-of-concept studies in Primary Biliary Cholangitis and Peanut allergy, as well as development programs in Myasthenia Gravis and Type 1 Diabetes. In addition to autoimmune and allergic disorders, COUR's platform technology has application in gene therapy to induce immune tolerance, with the potential to improve durability and enable repeat dosing.
"As COUR set out to pursue its first institutional financing round in the Company's history, we were very fortunate to find a likeminded investor in Alpha Wave, which appreciates our innovation-driven culture and mission-critical approach to taking on big ideas in therapeutic areas where there are no or few therapies" said CEO and Founder, John J. Puisis, adding "The ability to secure a financing in these turbulent market conditions is a true testament to the tremendous capabilities of COUR's team, technology and results to date. With this important infusion of capital, we look forward to rapidly advancing our revolutionary drug candidates aimed to reprogram the immune system for people suffering from immune disorders."
As part of the financing, Chris Dimitropoulos, Managing Director, Biotechnology at Alpha Wave Global, will join COUR's Board of Directors.
"With multiple validating partnerships, an independent clinical development pipeline and the first known clinical study in humans demonstrating antigen-specific tolerance, we strongly believe COUR is well positioned to be the leader in bringing to market multiple first-in-class antigen-specific therapies to drive a paradigm shift in the treatment of autoimmune disorders away from immune suppressive approaches and towards true immune reprogramming." said Chris Dimitropoulos. "We look forward to working collaboratively with the COUR team to advance this important technology."
SVB Securities acted as the placement agent to the Company in connection with the financing. Cooley LLP served as legal advisor to COUR Pharmaceuticals and Kirkland and Ellis LLP served as legal counsel to Alpha Wave Ventures.
COUR Pharmaceuticals is developing first-in-class therapies designed to reprogram the immune system to achieve antigen-specific tolerance for immune-mediated disease. COUR's platform of immune-modifying nanoparticles focus on treating the root cause of immune disease, unlike traditional approaches, which only minimize symptoms using toxic immune suppression. COUR's lead product for celiac disease, partnered with Takeda Pharmaceutical Company, is the first demonstration of induction of antigen-specific immune tolerance in any autoimmune disease. Data from clinical and preclinical settings demonstrate the potential opportunity for the COUR nanoparticle platform to address a wide range of immune and inflammatory conditions. The underlying technology was acquired from Northwestern University and draws from more than 30 years of research in immune tolerance. For more information, please visit www.courpharma.com.
Alpha Wave is a global investment company with offices in New York, Miami, London, Abu Dhabi, Tel Aviv, Bangalore, Jakarta, and Sydney. Its flagship global venture and growth fund, Alpha Wave Ventures, aims to invest in best-in-class venture and growth-stage companies and endeavors to be helpful long-term partners to the founders and management teams. Alpha Wave manages a variety of investment partnerships that cover several asset classes, themes, and geographies. For more information, please visit www.alphawaveglobal.com.
Investor Relations & Media Contact:
Brian C. Bock
Chief Financial Officer
bbock@courpharma.com
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SOURCE COUR Pharmaceuticals | https://www.wibw.com/prnewswire/2022/09/07/cour-pharmaceuticals-announces-30m-financing-led-by-alpha-wave-ventures/ | 2022-09-07T12:01:37Z |
More extreme water cuts are all but certain in the Southwest starting next year -- including new water cuts for California -- according to the latest government forecast for the Colorado River and Lake Mead, the country's largest reservoir.
Lake Mead, which provides water to roughly 25 million people in Arizona, Nevada, California and Mexico, is losing water at an alarming rate amid an extraordinary, multi-year drought made worse by the climate crisis.
Because of the reservoir's plummeting level, states that rely on water from the lower Colorado River were already subject to the cuts that accompany a Tier 1 shortage beginning in January 2022, which have mainly impacted agricultural water use.
But this year did not bring much-needed precipitation to the river basin. The latest report from the US Bureau of Reclamation shows Lake Mead at just over 1,040 feet above sea level, having dropped nearly 10 feet in just two months and currently at just 27% of its maximum capacity.
More critically, the bureau predicts the reservoir will be at nearly the same level, around 1,041 feet, come January.
If that forecast holds in next month's report, which is what federal officials will use to determine cuts for 2023, the Southwest will be subject to a Tier 2 water shortage -- and the fresh cuts that come with it -- starting in January.
At 1,050 feet, a Tier 2 shortage is declared, further decreasing the amount of water Arizona, Nevada and Mexico can use from the Colorado River. If the forecast is below 1,045 feet, which the latest forecast would suggest, then parts of California would be forced to cut its Colorado River water consumption, too.
At Tier 3 -- something the forecast suggests is possible starting in January 2024 -- water cuts could be deep enough to extend beyond agriculture and impact household and industrial water use.
An 'optimistic' bias
Importantly, the Bureau of Reclamation's studies are based on historical data from the 1990s -- a much wetter period in the West, said Eric Kuhn, a retired former manager of the Colorado River Water Conservation District.
"This means that the 'most probable' 24-month study should be considered to have a wet or 'optimistic' bias," Kuhn told CNN, which suggests that it's likely the actual levels will run a bit below what the bureau is predicting.
He also cautioned that the Pacific Ocean is heading into its third La Nina year in a row, "which is a very rare event." La Nina, defined by cooler-than-average water in the equatorial Pacific, has a strong influence on weather in the US West.
"Individual La Nina years can be wet or dry" for the Colorado River basin, Kuhn said. "But in consecutive La Nina years there is a very clear trend toward drier years. The combination of dry soils, a third La Nina and critically low reservoirs levels is a major concern."
And what happens upstream is of critical importance to Lake Mead. The reservoir's forecasts are also now accounting for the falling water level -- and the government's emergency actions -- at Lake Powell, Mead's upstream neighbor and the country's second-largest reservoir.
Last spring, the Bureau of Reclamation announced an unprecedented strategy to boost water levels in Lake Powell and maintain electricity production from the Glen Canyon Dam, including releasing more water from smaller, upstream reservoirs while withholding water in Lake Powell itself instead of sending it downstream to Lake Mead.
Without those emergency steps, the government estimated there was about a 25% chance the Glen Canyon Dam, which generates power for as many as 5.8 million homes and businesses across seven states, would have stopped producing energy by the end of this year.
There is some opportunity for the Colorado River to pick up more inflow between Lake Powell and Lake Mead, from springs and small creeks in the Grand Canyon -- but drought and climate change have been reducing these flows, as well.
The full Colorado River system supplies water to 40 million people in seven western states as well as Mexico, and irrigates more than 5 million acres of farmland from Wyoming to the Gulf of California.
Lake Mead's plummeting water level has become more apparent over the past year. The water line dropped below of the reservoir's original water intake valves for the first time in April. It has also lead to the discovery of many things, including a decades-old gunshot victim in a barrel, sunken boats and more recently, a World War II-era vessel.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/lake-mead-forecast-southwest-should-brace-for-more-water-cuts-from-colorado-river/article_d9d80fd4-74de-5e21-a845-bde7bf2a112c.html | 2022-07-18T21:44:19Z |
DUBLIN, July 8, 2022 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, plans to announce second quarter 2022 results on Friday, July 29th, 2022 in a news release to be issued at 5:00 am Central Time. Greg Case, CEO, will host a conference call at 7:30 am Central Time on Friday, July 29th, 2022. The conference call will be broadcast live through Aon's website at www.aon.com. A replay will be available shortly after the live webcast. The earnings release and supplemental slide presentation will be available on Aon's web site at www.aon.com.
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Our colleagues provide our clients in over 120 countries with advice and solutions that give them the clarity and confidence to make better decisions to protect and grow their business.
Follow Aon on Twitter and LinkedIn. Stay up-to-date by visiting the Aon Newsroom and sign up for News Alerts here.
Investor Relations
investor.relations@aon.com
+1 312 381 3310
Nadine Youssef
mediainquiries@aon.com
+1 312 381 3024
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SOURCE Aon plc | https://www.kxii.com/prnewswire/2022/07/08/aon-announces-second-quarter-2022-earnings-release-conference-call/ | 2022-07-08T21:50:23Z |
CHICAGO, April 11, 2022 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL), a leading independent investment bank and financial advisory firm, is pleased to announce the appointment of Jonathan Bluth to Managing Director within its Healthcare & Life Sciences industry team. Jonathan is based in Los Angeles and will help expand BGL's reach to an even broader national network of clients across Healthcare Provider Services and Outsourcing & Healthcare Information Technology, focusing on physician practices, outpatient services, and outsourced services.
"BGL continues to build out our team across all of our coverage sectors in healthcare and life sciences. Jonathan's experience and relationships will support our growth trajectory," said John Riddle, Head of BGL's Healthcare & Life Sciences vertical. "Jonathan's multidisciplinary background provides him with a unique perspective, enabling him to leverage his consulting, corporate finance, and investment banking experience to advise clients regarding their strategic growth objectives. Our clients will benefit tremendously from his insight and extensive network, and we are thrilled to have him on board."
Jonathan has more than 22 years of professional experience in the healthcare industry, advising physician groups, revenue cycle companies, diagnostics businesses, and various other specialty service providers through a variety of strategic M&A and capital market transactions. He is a frequent speaker on healthcare M&A and was recognized by the Los Angeles Business Journal as a "Trusted Healthcare Advisor" in 2021 and an "Influential Investment Banker" in 2018.
Prior to joining BGL, Jonathan was the co-head of healthcare at Intrepid Investment Bankers LLC, and held investment banking positions at Deloitte Corporate Finance LLC and Cowen and Company. Jonathan was a member of the revenue cycle consulting practices at Cap Gemini Ernst & Young and Navigant, where he was a subject matter specialist in patient access redesign and process improvement. He also held senior corporate finance positions with Vantage Oncology, Inc. and Alliance HealthCare Services.
"I am very excited to join the strong healthcare practice at BGL," said Bluth. "I look forward to bringing BGL's sophistication, breadth, and depth to future healthcare clients to help them find strong partners, unlock maximum values for their businesses, and exceed their strategic objectives."
Jonathan received his MBA from the UCLA School of Management and has a B.A. in history and sociology of science (with a concentration in healthcare systems) from the University of Pennsylvania.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company (BGL) is a leading independent investment bank and financial advisory firm focused on the global middle market. The firm advises private and public corporations and private equity groups on mergers and acquisitions, capital markets, financial restructurings, business valuations and opinions, and other strategic matters. BGL has investment banking offices in Chicago, Cleveland, and Philadelphia, and real estate offices in Chicago, Cleveland, and San Antonio. The firm is also a founding member of Global M&A Partners, enabling BGL to service clients in more than 30 countries around the world. Securities transactions are conducted through Brown, Gibbons, Lang & Company Securities, Inc., an affiliate of Brown Gibbons Lang & Company LLC and a registered broker-dealer and member of FINRA and SIPC. For more information, please visit www.bglco.com.
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SOURCE Brown Gibbons Lang & Company | https://www.wibw.com/prnewswire/2022/04/11/bgl-welcomes-jonathan-bluth-managing-director-healthcare-amp-life-sciences/ | 2022-04-12T00:44:41Z |
MINNEAPOLIS, May 17, 2022 /PRNewswire/ -- ECMC Group today announced a number of leadership changes. With the recently announced appointment of Dan Fisher as ECMC Group president and chief executive officer (CEO) effective July 3, 2022, the Board of Directors has appointed Chad Tate as president of ECMC, reporting to Fisher. Tate has been with ECMC for nearly three years as SVP of Operations and brings more than 20 years of operational leadership to his new role. The Board also has appointed Brian Boardman as ECMC Group's general counsel and corporate secretary. Boardman has served as ECMC Group's deputy general counsel for more than five years. In addition, the Board has appointed Adam Trampe as ECMC Group's deputy general counsel. Trampe, who has been with ECMC Group for more than 10 years, will report to Brian Boardman and lead the combined Legal and Compliance departments while maintaining his risk management leadership.
"We are fortunate to have such a deep bench of leaders and I look forward to their impacts on ECMC Group as they and Dan step into their new roles," said ECMC Group President and CEO Jeremy Wheaton.
ECMC Group also announced that ECMC Education and ECMC Group Development President Josh Slayton will be leaving the organization effective July 2.
"Josh has been an integral part of our organization since joining ECMC Group and he was instrumental in developing and executing our strategy, leading our impact investing and helping to deliver valuable skills training to our students," said Wheaton. "I would like to thank Josh for being such an exceptional leader and teammate, and we wish him the very best in the future."
About ECMC Group
ECMC Group is a nonprofit corporation focused on helping students succeed. Headquartered in Minneapolis, ECMC Group and its family of companies are focused on creating, providing and investing in innovative educational opportunities, including financial tools and services and programs to help students achieve their academic and professional goals and to address the future of work. To learn more, visit www.ecmcgroup.org.
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SOURCE ECMC Group | https://www.mysuncoast.com/prnewswire/2022/05/17/ecmc-group-announces-leadership-appointments/ | 2022-05-17T19:08:02Z |
PODA to receive US$55,275,000 and anticipates making a distribution equal to approximately CDN$0.40 per subordinate voting share and CDN$400 per multiple voting share
VANCOUVER, BC, May 13, 2022 /PRNewswire/ - PODA HOLDINGS, INC. ("PODA" or the "Company") (CSE: PODA) (FSE: 99L) (OTC: PODAF) is pleased to announce that, together with Ryan Selby and Ryan Karkairan (the "Owners"), it has entered into a definitive agreement dated May 13, 2022 (the "Asset Purchase Agreement") with a subsidiary of Altria Group, Inc. ("Altria") (NYSE:MO), Altria Client Services LLC ("ALCS"), pursuant to which the Company and the Owners have each agreed to sell to ALCS substantially all of the assets and properties used in the Company's business (the "Purchased Assets") of developing, manufacturing and marketing multi-substrate heated capsule technology, including, without limitation, the Owners' patents related to such technology and the Company's exclusive, perpetual license of certain of those patents pursuant to an amended and restated royalties agreement dated April 12, 2019 (the "Royalties Agreement"), for a total purchase price of US$100.5 million ("Purchase Price"), subject to certain adjustments and holdbacks (the "Transaction"). The Company carries on its business pursuant to the Royalties Agreement and the Company and the Owners have agreed to allocate US$55,275,000 of the Purchase Price to the Company (being 55% of the Purchase Price), with the balance to the Owners.
"This agreement represents a significant milestone for PODA and its employees," said Ryan Selby, PODA's Chief Executive Officer, Director and Chairman of the Company's board of directors (the "Board"). "Our teams have worked diligently on this technology since the Company's inception, and we believe these agreements maximize its value for the Company and its shareholders."
- Premium Cash Distribution: PODA expects to make a cash distribution to holders of PODA's shares (the "Shareholders") equal to approximately CDN$0.40 per subordinate voting share and CDN$400 per multiple voting share, representing a 167% premium to the closing share price of PODA as of May 12, 2022.
- Unanimously Recommended by Independent Directors: the Transaction has been unanimously recommended by a special committee of the Board, comprised entirely of independent directors (the "Special Committee");
- Fairness Opinion: Stifel Nicolaus Canada Inc. ("Stifel") has provided a fairness opinion in connection with the Transaction which provides that, as of the date of such opinion, and subject to the assumptions, limitations, and qualifications on which such opinion is based, the consideration to be received by the Company pursuant to the Asset Purchase Agreement is fair, from a financial point of view, to the Company;
- Commercialization Capabilities: the further development and commercialization of the multi-substrate heated capsule technology by the Company is subject to a number of risks (including its ability to secure necessary funding, which could result in dilution to holders of PODA shares) with no certainty of commercialization or market success;
- No Financing Condition: the Transaction is not subject to any financing conditions;
- Future Opportunity to Retain Exposure: PODA expects to retain approximately CDN$1 million in cash to explore new business opportunities for the economic benefit of its Shareholders, subject to the terms of the Asset Purchase Agreement;
- No Holdback: no portion of the Purchase Price allocated to the Company will be subject to holdbacks or escrow; and
- Cash Consideration Ratio: given that the Owners hold legal title to the intellectual property comprising the multi-substrate heated capsule technology, the Special Committee believes that receiving more than half of the Purchase Price reflects excellent value for the Company.
The Board, after receiving the unanimous recommendation of the Special Committee, has unanimously determined that the Transaction is in the best interests of the Company and that the consideration to be received by the Company pursuant to the Asset Purchase Agreement is fair to the Company. Accordingly, the Board approved the Asset Purchase Agreement and recommends that Shareholders vote in favour of the Transaction, with Ryan Selby and Ryan Karkairan declaring their interests and abstaining.
Further details regarding the terms of the Asset Purchase Agreement and the Transaction are set out in the Asset Purchase Agreement, which will be filed by PODA under its profile on SEDAR at www.sedar.com.
Pursuant to the Asset Purchase Agreement, as consideration for the Purchased Assets, ALCS has agreed to pay the aggregate sum of US$100.5 million, as follows:
(a) US$55,275,000 is to be paid to the Company on the closing of the Transaction (the "Closing"); and
(b) Up to US$45,225,000 is to be paid to, or on account of, the Owners, US$22,675,000 of which is to be paid to the Owners on Closing (with the remaining US$22,550,000 subject to escrows and holdbacks).
The Asset Purchase Agreement contains, among other things, customary non-solicitation covenants with respect to alternative transactions. The Asset Purchase Agreement also provides for a termination fee of US$5,025,000 payable by the Company to ALCS if the Asset Purchase Agreement is terminated in certain circumstances.
The Transaction will constitute the sale of all or substantially all of the undertaking of the Company pursuant to the Business Corporations Act (British Columbia), and accordingly will require approval by not less than 66⅔% of the votes cast at the special meeting of Shareholders of the Company called for June 22, 2022 (the "Meeting"), as further described below. In addition to Shareholder approval, the Transaction is subject to receipt of consents and approvals from certain governmental authorities and other parties, as well as other closing conditions customary in transactions of this nature.
Subject to the satisfaction (or waiver) of the conditions precedent, the Closing is presently expected to take place in the second quarter of 2022.
Upon completion of the Transaction, the Company will no longer have any material property or assets other than cash-on-hand plus the cash proceeds of the Transaction, which are expected to amount to approximately CDN$70 million, after satisfying the Company's obligations and liabilities.
Following completion of the Transaction, it is anticipated that: (i) Messrs. Selby and Karkairan will resign from the Board within 60 days of the Closing; (ii) Aaron Bowden and Patrick Gray will remain on the Board; (iii) Mr. Bowden and Mr. Gray will appoint a third member to the Board to hold office until the next annual general meeting of Shareholders; and (iv) Mr. Gray will serve as the Chief Executive Officer of the Company, and will likely be the only employee of the Company until a new Chief Executive Officer is identified.
Each of the directors and senior officers of the Company, together with certain other Shareholders, holding shares carrying in aggregate approximately 41% (after conversion or exercise of certain convertible securities of the Company held by such Shareholders) of the votes which may be cast at the Meeting, have entered into voting agreements with ALCS pursuant to which they have agreed to cast such votes in favour of the resolution approving the Transaction. Further information regarding the Transaction, including the background thereto and the rationale for the recommendations made by the Special Committee and the Board, will be contained in the management information circular (the "Circular") that the Company will prepare, file and mail to the Shareholders in connection with the Meeting and which will be filed under the Company's profile on SEDAR at www.sedar.com. All Shareholders are urged to read the Circular as it contains important information.
Stifel is acting as financial advisor to PODA, and DLA Piper (Canada) LLP and DLA Piper LLP are acting as PODA's Canadian and United States legal counsel. Farris LLP is acting as the Owner's legal counsel. Blake, Cassels & Graydon LLP is acting as legal counsel to the Special Committee. McGuireWoods LLP and Goodmans LLP are acting as ALCS 's United States and Canadian legal counsel.
On Behalf of the Board,
Ryan Selby
CEO, Director, and Chairman of the Board
Poda Holdings, Inc.
Toll-free North America: +1-833-TRY-PODA (879-7632)
Outside North America: +1-406-TRY-PODA (879-7632)
investors@poda-holdings.com
www.poda-holdings.com
PODA has developed a multi-substrate heated capsule technology that uses proprietary biodegradable single-use capsules, which are both consumer and environmentally friendly. The innovative design of the technology prevents cross-contamination between the heating devices and the capsules which eliminates cleaning requirements and provides users with a convenient and enjoyable experience. PODA's technology is fully patented in Canada and is patent pending in over 60 additional countries, covering almost 70% of the global population.
This news release contains "forward-looking information" which may include, but is not limited to, information with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Such forward-looking information is often, but not always, identified by the use of words and phrases such as "plans," "expects," "is expected," "budget," "scheduled," "estimates," "forecasts," "intends," "anticipates," or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may," "could," "would," "might" or "will" be taken, occur or be achieved. Such forward-looking information includes, among other things, information regarding: the Company's expectations regarding its ability to complete, and the anticipated results of, the Transaction, statements and information concerning the anticipated benefits of the completion of the Transaction, the anticipated timing for completion of the Transaction, the estimated funds that will be available to the Company upon completion of the Transaction, the membership of the Board following the completion of the Transaction, the anticipated distribution of CDN$0.40 per share, the anticipated amount of the proceeds to be retained by the Company to explore new business opportunities, the Company's ability to identify such opportunities, the Company's ability to obtain shareholder approval, the anticipated timing of the Meeting, and the parties' ability to satisfy closing conditions and receive necessary approvals. Various assumptions or factors are typically applied in drawing conclusions or making the forecasts or projections set out in forward-looking information. Those assumptions and factors are based on information currently available to the Company. Although such statements are based on assumptions management considers reasonable, there can be no assurance: (i) that the Transaction will be completed; (ii) if the Transaction is completed, that it will be completed on the terms described above; (iii) that the proposed cash distribution will be made; or (iv) if the proposed cash distribution is made, as to the amount or terms of such distribution. .
Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the receipt of all necessary governmental and Shareholder approvals and satisfaction of other conditions to the completion of the Transaction and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. Forward looking information involves known and unknown risks, uncertainties and other risk factors which may cause the actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such risks include risks that the Transaction does not close on the anticipated timeline, or at all, risks related to increased competition and current global financial conditions, access and supply risks, reliance on key personnel, operational risks, regulatory risks, financing, capitalization and liquidity risks, and risks relating to the potential failure to receive all requisite shareholder and regulatory approvals. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. The Company undertakes no obligation, except as otherwise required by law, to update these forward-looking statements if management's beliefs, estimates or opinions, or other factors change.
The Transaction cannot close until the required Shareholder and governmental approvals are obtained. There can be no assurance that the Transaction will be completed as proposed or at all. The Transaction could be modified, restructured or terminated. Investors are cautioned that, except as disclosed in the Circular and in the Asset Purchase Agreement itself, copies of each of which are or will be filed under the Company's profile at www.sedar.com, any information released or received with respect to the Transaction may not be accurate or complete and should not be relied upon.
The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
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SOURCE Poda Holdings, Inc. | https://www.wibw.com/prnewswire/2022/05/13/poda-announces-multiparty-sale-intellectual-property-assets-us1005-million/ | 2022-05-13T13:37:15Z |
The new offering will streamline compensation activities within one secure platform, incorporating performance and other employee data to enable more clearly defined, equitable, performance-based pay strategies.
SAN FRANCISCO, July 19, 2022 /PRNewswire/ -- Lattice, the leading provider of people success software that empowers business leaders to build engaged and high-performing teams and inspire winning cultures, today announced the release of Lattice Compensation, a new product offering aimed at connecting performance and compensation to drive employee engagement and retention. Lattice Compensation will streamline compensation activities within a secure, centralized hub that seamlessly incorporates employee performance data, giving employees more clarity and transparency into pay decisions and empowering employers to make more equitable choices.
"When it comes to talent management and retention, compensation has always been a critical piece of the full picture," said Cara Brennan Allamano, Chief People Officer at Lattice. "At Lattice, we want to help our customer's power employee-centric, holistic People strategies – and Lattice Compensation is a natural evolution of that mission, bringing new levels of efficiency, clarity and ease to a historically complex, error-prone, and labor-intensive process for HR teams."
A convergence of factors – including a shift in the labor market, increasingly distributed workforces, and rising inflation – are driving changing expectations around compensation transparency from employees while companies continue to focus on effectively managing employee pay. To stay competitive while navigating an uncertain economic environment, companies will need to execute dynamic compensation strategies that enable them to be flexible and reward top performers, while also including checks and guidance that ensure compensation practices are equitable, clear, and data-driven.
Lattice Compensation helps People teams make manual processes and complicated spreadsheets a thing of the past. By streamlining the setup and launch of compensation cycles and creating trackable workflows that seamlessly pull performance data, pay decisions become more equitable and data-informed than ever before. It also allows organizations, teams, and leaders to set compensation guidelines using performance ratings, compensation ratios, and more — empowering clarity and consistency across the entire company.
"Our compensation process to date has been largely manual and labor-intensive, with sensitive information spread across multiple platforms and spreadsheets," said Bill Haig, Vice President of Operations at GoodUnited. "Lattice Compensation offered a world-class solution that consolidated all of our processes into one place, pulling in employee performance data to create a structure that allows for increased clarity and transparency around compensation cycles."
By gathering data on company pay bands, team budgets, and more into one intuitive tool, Lattice Compensation will also provide managers and team leads with the information they need to make and communicate pay decisions with transparency, which is increasingly important to employees in the new world of work.
Lattice Compensation works within the wider Lattice platform and is designed to pull relevant data directly, drawing clear connections between employee performance and compensation and powering a more holistic approach to People strategy.
"Having Lattice Compensation as part of the overall product of Lattice tools really ties everything together," said Dan Smolkin, Head of People Operations at Aurora Solar. "As we're talking about an employee's journey with the company, being able to tie compensation in as another part of the product really helps drive everything home."
Learn more about Lattice's new Compensation product and join the early access program here. You can also learn more about how to evolve your compensation strategy here and in the Lattice library.
Lattice is the People Success Platform that brings together all of the tools, workflows, and data to help leaders at organizations develop engaged, high-performing employees and winning cultures. By combining continuous performance management, goal-setting, employee engagement, compensation management, career development, and people analytics into one unified solution, Lattice helps HR, People and Operations teams develop insights that build enviable cultures and drive impactful business outcomes. Ranked on the Inc. 500 Fastest-Growing Private Companies list two years in a row and certified as a Great Place to Work by 99% of its employees, Lattice serves more than 4,450 customers worldwide including Slack, Cruise, and Reddit. Learn more about Lattice by visiting: www.lattice.com.
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SOURCE Lattice | https://www.kxii.com/prnewswire/2022/07/19/lattice-announces-new-compensation-management-product-bringing-transparency-pay-decisions/ | 2022-07-19T13:43:45Z |
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