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ZHUHAI, China, Aug. 1, 2022 /PRNewswire/ -- Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) ("Powerbridge" or the "Company"), a provider of multi-industry technology solutions, announced that it has regained compliance with the minimum bid price requirement under the continued listing requirements of the Nasdaq Stock Market LLC ("Nasdaq").
On July 29, 2022, the Company received a written notification from Nasdaq's Listing Qualifications Department stating that the closing bid price of the Company's common shares has been $1.00 per share or greater for 10 consecutive trading days, from July 15, 2022 to July 28, 2022. Hence, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and this matter is now closed.
About Powerbridge
Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) is a provider of multi-industry technology solutions: software applications and services for the global trade industry, IoT platform services as well as intelligent fixtures and devices for smart city operations, supply chain platforms and social livestreaming services for the retail industry, metaverse and smart solutions for the travel and leisure industry, as well as cryptomining and digital asset operations. For more information, visit www.powerbridge.com/ir/.
Safe Harbor Statement
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as "may, "will, "intend," "should," "believe," "expect," "anticipate," "project," "estimate" or similar expressions that do not relate solely to historical matters, it is making forward-looking statements; specifically, the Company's statements regarding listing on the NASDAQ Capital Market and the IPO are forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company's expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company's goals and strategies; the Company's future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company's filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.
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SOURCE Powerbridge Technologies Co., Ltd. | https://www.wibw.com/prnewswire/2022/08/01/powerbridge-technologies-co-ltd-regains-compliance-with-nasdaqs-minimum-bid-price-rule/ | 2022-08-01T14:53:09Z |
With proxy voting set to expire, lawmakers split on its usefulness
WASHINGTON (Gray DC) - Voting by proxy is still an option for U.S. House members despite other COVID guidelines being dropped on Capitol Hill. House Speaker Nancy Pelosi is allowing House members to vote by proxy at least through May 14. Proxy voting became an option for lawmakers in 2020 for public health reasons. Rep. Mark Amodei (R-Nevada) says it is a useful tool.
“They do it in other organizations you know. There’s such thing as sick leave,” said
Over 4,400 proxy voting letters have been filed over the past two years. Amodei accounts for 16 of them. Each one says, “I am unable to physically attend proceedings in the House Chamber due to the ongoing public health emergency,” then lists another member he gives permission to vote in his place.
Amodei says it is helpful for those who have to fly long distances or tend to other matters that require them to miss votes.
“My mother passed away. I missed some votes. Or when I had to have retina surgery on my eye. I missed some votes,” said Amodei.
He says it is better to have someone cast a vote on behalf of the district than to miss a vote entirely. But some lawmakers, like Rep. Andy Biggs (R-Ariz.) want to do away with proxy voting. He thinks it is having a negative impact on how the House operates.
“It doesn’t help forward the body. And, you know, we’re not the most respected body as it is, I actually think it further denigrates our standing in the community,” said Biggs.
Molly Reynolds is a senior fellow at the Brookings Institution tracking proxy voting. She says a tool like voting by proxy is a positive adaptation to the pandemic. But Reynolds says some are abusing the option.
“Proxy voting was not designed to allow people to say, run for governor and continue to vote on the House floor,” said Reynolds.
Reynolds says some members are using proxy voting to stay home and campaign. She says misusing the system undermines trust and raises questions about the future of legitimate proxy voting.
“What’s the best way to balance these competing tradeoffs?” said Reynolds.
While proxy voting is set to end in 10 days, it is unclear if it will be extended once again with some areas of the country seeing a spike in COVID cases.
Copyright 2022 Gray DC. All rights reserved. | https://www.kxii.com/2022/05/05/with-proxy-voting-set-expire-lawmakers-split-its-usefulness/ | 2022-05-05T14:06:47Z |
ROCKVILLE, Md., Sept. 6, 2022 /PRNewswire/ -- REGENXBIO Inc. (Nasdaq: RGNX) today announced it will participate in the following upcoming investor conferences:
Morgan Stanley 20th Annual Global Healthcare Conference
Date: Wednesday, September 14, 2022
Fireside chat: 2:55 p.m. ET
Location: Sheraton Hotel, New York, NY
UBS Biotech South Beach Conference 2022
Date: September 29, 2022
Location: Mondrian South Beach, Miami, FL
A live webcast of the Morgan Stanley 20th Annual Global Healthcare Conference fireside chat can be accessed in the Investors section of REGENXBIO's website at www.regenxbio.com. An archived replay of the webcast will be available for approximately 30 days following the presentation.
About REGENXBIO Inc.
REGENXBIO is a leading clinical-stage biotechnology company seeking to improve lives through the curative potential of gene therapy. REGENXBIO's NAV Technology Platform, a proprietary adeno-associated virus (AAV) gene delivery platform, consists of exclusive rights to more than 100 novel AAV vectors, including AAV7, AAV8, AAV9 and AAVrh10. REGENXBIO and its third-party NAV Technology Platform Licensees are applying the NAV Technology Platform in the development of a broad pipeline of candidates, including late-stage and commercial programs, in multiple therapeutic areas. REGENXBIO is committed to a "5x'25" strategy to progress five AAV Therapeutics from our internal pipeline and licensed programs into pivotal-stage or commercial products by 2025.
Contacts:
Dana Cormack
Corporate Communications
dcormack@regenxbio.com
Investors:
Chris Brinzey, ICR Westwicke
339-970-2843
chris.brinzey@westwicke.com
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SOURCE REGENXBIO Inc. | https://www.mysuncoast.com/prnewswire/2022/09/06/regenxbio-participate-upcoming-investor-conferences/ | 2022-09-06T13:06:18Z |
NEW YORK, April 1, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for SRNE, ET, GME, CRXT, and CGC.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- SRNE: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=SRNE&prnumber=040120221
- ET: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ET&prnumber=040120221
- GME: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=GME&prnumber=040120221
- CRXT: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CRXT&prnumber=040120221
- CGC: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=CGC&prnumber=040120221
(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/2022/04/01/thinking-about-buying-stock-sorrento-therapeutics-energy-transfer-gamestop-clarus-therapeutics-or-canopy-growth-corp/ | 2022-04-01T14:02:08Z |
Walmart ordered to pay man $4M after discrimination lawsuit
PORTLAND, Ore. (KPTV/Gray News) - An Oregon jury decided that a man who claimed racial profiling should be awarded millions after filing a civil lawsuit against Walmart.
Michael Mangum claimed an asset protection employee racially profiled him in March 2020 at a Walmart in Wood Village, Oregon, and called deputies on him for no reason other than wanting him to leave the store.
After the verdict, Walmart has been ordered to pay $4 million in damages to Mangum, KPTV reports.
Mangum said he was visiting the store to buy a light bulb, and an employee at the store suddenly confronted him, told him to leave and then called Multnomah County Sheriff’s deputies.
According to court documents, the Walmart employee was identified as Joe Williams. The documents also revealed that deputies knew that Williams had a history of frequent 911 calls, often making embellishing accusations about people in his Walmart location.
Mangum and his lawyer, Greg Kafoury, said that Williams remained on the job after the incident in March 2020 but no longer works for Walmart now.
Mangum said Williams keeping his job was hurtful.
“No suspension, no investigation, that’s kind of a slap in my face, for one,” he said. “Because I’m sure he’s done this to a lot of people.”
Mangum works for Home Forward, an affordable housing and youth outreach nonprofit. He said he hopes his experience can be a teachable moment for the youth he serves.
“I hope they don’t focus on the money,” he said. “That’s not my message. My message is tell the truth, stand up for yourself, know your rights, and I just try to teach them to advocate.”
Even though it may be two years later, Mangum said experiencing racial profiling in such a public place like Walmart has reshaped his perspective when working with at-risk youth.
“It gives me a chance to really, really feel where they’re coming from,” he said.
KPTV reached out to Walmart for comment on the verdict, and a spokesperson sent back a statement, which reads:
“We do not tolerate discrimination. We believe the verdict is excessive and is not supported by the evidence. Mr. Mangum was never stopped by Walmart’s Asset Protection. He interfered with our associates as they were surveilling and then stopped confirmed shoplifters, and then refused to leave despite being asked to repeatedly by our staff and Multnomah County deputies. We are reviewing our options including post-trial motions.”
Copyright 2022 KPTV via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/23/walmart-ordered-pay-man-4m-after-discrimination-lawsuit/ | 2022-08-23T10:29:20Z |
NEW YORK, May 4, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for IMMP, BBI, INDO, TGTX, and AQST.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- IMMP: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=IMMP&prnumber=050420222
- BBI: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=BBI&prnumber=050420222
- INDO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=INDO&prnumber=050420222
- TGTX: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=TGTX&prnumber=050420222
- AQST: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AQST&prnumber=050420222
(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.wibw.com/prnewswire/2022/05/04/thinking-about-buying-stock-immutep-brickell-biotech-indonesia-energy-tg-therapeutics-or-aquestive-therapeutics/ | 2022-05-04T14:17:17Z |
Which Sharpie products should I buy?
Sharpie permanent markers are one of those products that everyone seems to have in their drawer. After all, their never-quit-ink outlasts the competition by years, if not decades. If you’re one of many loyal Sharpie marker fans, it’s worth exploring other products the company has to offer.
Sharpie boasts a broad range of products that now include pens, highlighters and specialty markers. They’re available in countless varieties to cover all your writing needs — whether it’s making garage sale signs or labeling moving boxes.
What to know about Sharpie products
Characteristics of Sharpie products
Sharpies are best known for their long-lasting ink that stays vibrant and visible for years. The ink dries quickly and is smear-resistant, plus it resists fading when it’s exposed to water or the elements. Sharpie products are also known for their long lifespans, particularly those of their markers and highlighters. Once they’re opened, their ink may stay wet and opaque through two or three years of use.
Varieties of Sharpie products
While most people are familiar with classic black Sharpie markers, there are several varieties that feature different colors, tip styles and thicknesses.
- Colors: Sharpie markers, pens and highlighters are available in 49 colors, which include a broad range of classic colors, metallics, pastels and neons.
- Tip styles: The most common tip shapes for Sharpies are round, chisel, brush and fine.
- Thicknesses: In addition to slender Sharpies that produce finer lines, such as fine-point, ultra-fine point and medium-point tips, there are some that have wide or extra-wide tips that create thicker lines.
How many Sharpies come in a pack?
Most Sharpie products come in deluxe packs that include between six and 36 pieces. These packages either include markers, pens and highlighters in the same color, or they include a variety. Sharpie’s specialty collections, which boast diverse color assortments, typically have between 72 and 115 pieces.
How to remove Sharpie marker stains
One of the best features of Sharpies is their everlasting ink. However, if Sharpie gets somewhere it shouldn’t, such as clothes or furniture, it may prove challenging to remove. There are few products that may diminish Sharper marker stains, but it usually depends on the material type and how dark the mark is.
Many people recommend using alcohol-based products, like hairspray, rubbing alcohol or hand sanitizer. This method typically involves blotting a hairspray-saturated cotton ball onto the material until it lifts the stain. Once it’s mostly lifted, you can launder the material to remove what’s left. Unfortunately, this stain-removal process has mixed results.
Other people have removed Sharpie stains from certain materials, like cotton or polyester, with milk. With this method, the stained material is soaked in milk overnight; however, the material may need to be soaked a couple times with fresh milk before an improvement is seen.
How much are Sharpie products?
Sharpie sets of 12 or fewer markers, pens and highlighters cost around $10. Sets featuring specialty products or diverse color assortments range between $12-$25. The most expensive Sharpie products, priced $28-$50, include deluxe sets of 36 pieces or more.
Best Sharpie products
Sharpie permanent markers
Sharpie Fine-Point Permanent Markers
This classic set includes 12 black fine-point Sharpie markers that write on most surfaces, including paper, metal, plastic and most other surfaces. The slender markers are comfortable to hold and securely clip onto pockets when they’re not in use.
Sold by Amazon
Sharpie King-Size Permanent Markers
With an extra-wide chisel tip, these Sharpie markers are ideal for labeling large items or drawing murals. The sturdy felt tip won’t shred, even when you’re writing on uneven textures like wood or stone.
Sold by Amazon
Sharpie Twin Tip Permanent Markers
If you need versatility in your designs, these unique twin-tip markers are ideal. The marker has fine and ultra-fine tips, both of which allow ink to glide across most surfaces. Available in a set of 12, the markers are popular for office and creative use.
Sold by Amazon
Sharpie pens
Sharpie Fine-Point Felt-Tip Pens
Enjoy rich, opaque ink with these Sharpie felt-tip pens. While the ink is bold, it won’t bleed through most paper. The pens create fine lines that are sharp and precise, which is why they’re often used for creative lettering or journaling.
Sold by Amazon
Sharpie S-Gel Medium-Point Gel Pens
These retractable Sharpies are popular among those who appreciate traditional pen designs. Their smooth gel ink is no-bleed and smear-resistant, which means users get clean lines every time.
Sold by Amazon
Sharpie Rollerball Needle-Point Precision Pen
Well-received for their sleek, upscale design, these rollerball Sharpie pens create ultra-thin lines for precision writing with 0.5 mm needle-point tips. The pens have shiny silver clips, which gives them a business-professional appearance.
Sold by Amazon
Sharpie highlighters
Sharpie Liquid Retractable Highlighters
With a retractable design, these non-toxic Sharpie highlighters are quick and convenient for marking up documents. The set includes eight different colors, which makes color-coding simple.
Sold by Amazon
For those who prefer traditional highlighters, these Sharpies have thick barrels and classic chisel tips. The box includes 12 long-lasting, smear-resistant highlighters in six assorted colors.
Sold by Amazon
Sharpie S-Note Creative Highlighters
Creative highlighting or note-taking projects are well-served by this 12-count Sharpie set that includes a dozen unique colors, like lavender and light pink. The highlighters have two-in-one chisel tips so you can alternate between thick and thin lines.
Sold by Amazon
Sharpie markers for creative use
Sharpie Permanent Markers Ultimate Collection
If you’re looking for a diverse assortment of colors and tip styles, this 72-count box is one of the top options to consider. It includes 32-fine- and 29 ultra-fine-point markets, five luminous neon markers and six metallic markers.
Sold by Amazon
Sharpie Fine-Point Metallic Permanent Markers
These silver metallic Sharpie markers create bold lines and letters on dark-colored paper and posters. Like other Sharpie markers, the ink is opaque, quick-drying and fade-resistant.
Sold by Amazon
Sharpie Oil-Based Paint Markers
When it comes to versatility, these oil-based Sharpie markers take the cake. They’re formulated to write on unique surfaces, ranging from rocks to specialty paper to windows. The set features versatile medium-point tips and high-contrast colors.
Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/office-br/office-supplies-br/best-sharpie-products/ | 2022-07-24T19:37:01Z |
CLEVELAND (AP) — Justin Verlander pitched six scoreless innings for his MLB-leading 15th victory, Chas McCormick and Martin Maldonado each homered and had three RBIs, and the AL West-leading Houston Astros beat the Cleveland Guardians 6-0 Thursday night.
Verlander (15-3), making his comeback from Tommy John surgery, extended his winning streak to seven starts and moved into a tie with Herb Pennock for 55th place all-time with 241 victories. He gave up two hits, both singles, and struck out five.
“It’s fun to be behind the plate for him,” Maldonado said. “Watching his preparation between games and his execution on the mound, that’s what future Hall of Famers do. I think he was born that way.”
In addition to leading the majors in wins, Verlander is first with a 1.73 ERA. The right-hander is 11-16 in his career at Progressive Field, where his 5.17 ERA is the highest of any ballpark that he has pitched in more than twice.
“Is it still over 5.00? Well, then I’ve still got some demons to exorcize here,” Verlander quipped. “These guys tormented me for a while. I’m not going to say that was something I focused on, but it was definitely on my mind.”
Verlander also triggered his $25 million player option for 2023 by reaching 130 innings. The 39-year-old will earn the same amount this season under the new contract that he signed last winter.
“I wanted a player option and I thought that was more than a fair ask because they’re going out on a limb paying an old guy,” Verlander said. “Because if I didn’t throw 130, then I didn’t earn what I made this year anyway.
“Crossing that threshold puts me in a good spot, but that isn’t something I’m thinking about now at all.”
Will Smith, Ryne Stanek and Phil Maton completed the three-hitter, helping Houston move within 1 1/2 games of the idle Yankees for the best record in the AL.
McCormick gave the Astros a 2-0 lead with run-scoring singles in the third and fifth off Cleveland starter Zach Plesac (2-10). Maldonado added a two-run double in the fifth against Nick Sandlin to make it 4-0.
McCormick and Maldonado struck again in the seventh with solo homers, the 11th of the season for both, off Kirk McCarty. McCormick equaled his career high with three hits on an evening when Houston left eight runners on base over the first three innings.
“I didn’t see them square up a ton of balls, but there was a ton of traffic right from the get-go,” Guardians manager Terry Francona said. “And Verlander was as advertised.”
Cleveland entered the day one game behind AL Central leader Minnesota and one game out of the final wild-card spot. Steven Kwan, Josh Naylor and Austin Hedges accounted for its hits in the loss.
Kwan matched Boston’s J.D. Martinez for the longest hitting streak in the AL this year at 18 games. It also is the longest run by a rookie since Pittsburgh’s Ke’Bryan Hayes had a 19-gamer in 2020-2021.
Plesac remained winless since June 5 in Baltimore, allowing four runs, seven hits and five walks in 4 1/3 innings. The right-hander is 0-6 in his last 10 starts and has dropped all five of his decisions in night games.
“I’m being tested right now, it’s just a weird time,” Plesac said. “I’m never going to back down from it and will get out of this funk of unluckiness or whatever it is. It seems like I can’t catch a break.”
SIGH OF RELIEF
The Astros picked up three significant veterans in 1B Trey Mancini, C Christian Vázquez and LHP Will Smith before the MLB trade deadline earlier this week, allowing manager Dusty Baker to take a deep breath.
“It feels fun, actually, to be done with that,” Baker said. “We’re in the dog days of the season, but this year, it seems like the dog showed up a little early.”
Vázquez ranks third in the AL with 74 starts behind the plate, the first 73 with Boston.
“Going to a new team is a difficult adjustment for catchers, which is where Vázquez is now,” Baker said. “You have to learn the philosophy of the pitching coach, how to talk to pitchers, and when to call timeout to calm a guy down. It’s not easy.”
TRAINER’S ROOM
Astros: OF Aledmys Diaz (left ring finger) was hurt in the eighth inning when he collided with center fielder Jake Meyers on a fly ball to left-center by Cleveland’s Austin Hedges. Diaz was undergoing medical tests following the game.
Guardians: RHP Aaron Civale (right wrist sprain), who has been on the 15-day injured list since July 14, will make a rehab start Friday for Triple-A Columbus against Rochester. Francona said the goal for Civale is to pitch four innings.
UP NEXT
Astros: LHP Framber Valdez (9-4, 2.80 ERA) has earned the win in all three of his career appearances against Cleveland, posting a 2.81 ERA over two starts and one relief outing.
Guardians: RHP Hunter Gaddis will be recalled from Triple-A Columbus for his major league debut. Gaddis is 1-0 with a 2.70 ERA since his promotion from Double-A Akron.
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/verlander-wins-mlb-leading-15th-game-astros-blank-cleveland/ | 2022-08-05T13:21:14Z |
Did you lose money on investments in Pegasystems? If so, please visit Pegasystems Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, June 24, 2022 /PRNewswire/ -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the common stock of Pegasystems Inc. ("Pegasystems" or the "Company") (NASDAQ: PEGA) between May 29, 2020 and May 9, 2022, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Eastern District of Virginia and alleges violations of the Securities Exchange Act of 1934.
Pegasystems develops customer relationship management ("CRM") software, which has a very competitive market. Pegasystems repeatedly stated that the "market for our offerings is intensely competitive, rapidly changing, and highly fragmented" and that Pegasystems was subject to "significant competition" from other technology vendors. In addition, the Company assured investors that it had internally developed its products. Pegasystems also stated that the Company faced a risk that competitors may "appropriate our intellectual property."
Plaintiff alleges that unbeknownst to investors, however, Pegasystems' products and, thus, the revenue generated from those products were, in large part, the result of theft of trade secrets from one of the Company's competitors. On May 29, 2020, Pegasystems was sued by one of its principal competitors, Appian Corporation ("Appian") in Virginia circuit court for stealing its trade secrets and violating the commonwealth's computer crime law (the "Appian Litigation"). The lawsuit alleged that Pegasystems retained an employee of a government contractor from 2012 to 2014 to secretly access and learn about Appian's software and pass the information on to Pegasystems in order to improve the Company's products and better train its sales force.
Plaintiff alleges that in violation of SEC reporting requirements, for nearly two full years, Pegasystems never publicly disclosed Appian's lawsuit in its SEC filings. Pegasystems did not even disclose the existence of this lawsuit until it filed its 2021 Annual Report on February 16, 2022 – i.e., just one month before a jury trial was scheduled to begin on March 21, 2022.
After the close of the markets on May 9, 2022, Pegasystems revealed that the Virginia circuit court jury awarded Appian more than $2 billion for Pegasystems' trade secret misappropriation. On this news, the price of Pegasystems common stock fell almost 21% to close at $52.25 per share on May 10, 2022. According to press reports, during the seven-week trial, the jury was presented with substantial evidence supporting Appian's claims, including videos, emails, and text messages, and evidence that Alan Trefler ("Trefler"), Pegasystems' Founder and Chief Executive Officer ("CEO"), personally attended a meeting with the "spy" and received Appian trade secrets supplied by the "spy." During the trial, CEO Trefler admitted that it was "inappropriate" for Pegasystems to have hired the contractor and that the Pegasystems employees who gained access to Appian trial software "shouldn't have done it." The jury found that Pegasystems engaged in "willful and malicious" misappropriation of Appian's trade secrets.
Plaintiff alleges that Defendants made materially false and misleading statements throughout the Class Period, including by failing to disclose that: (1) Pegasystems had misappropriated trade secrets to better compete against Appian, a principal competitor; (2) Defendants' product development and associated success was, in significant part, not the result of its own research and product testing but rather the result of corporate espionage and trade secret theft; and (3) Defendants had engaged in a scheme to steal Appian trade secrets, which was not only known to, but carried out through, the personal involvement of the Company's CEO.
If you wish to serve as lead plaintiff, you must move the Court no later than July 18, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery does not require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you purchased PEGA common stock, and/or would like to discuss your legal rights and options please visit Pegasystems Inc. Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Peter Allocco
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
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SOURCE Bernstein Liebhard LLP | https://www.wibw.com/prnewswire/2022/06/24/pegasystems-inc-nasdaq-pega-shareholder-class-action-alert-bernstein-liebhard-llp-reminds-investors-deadline-file-lead-plaintiff-motion-securities-class-action-lawsuit-against-pegasystems-inc-nasdaq-pega/ | 2022-06-24T22:56:59Z |
Man sentenced to 30 years in prison for raping 13-year-old girl, DA says
MEMPHIS, Tenn. (WMC/Gray News) - A Tennessee man has been sentenced to three decades in prison for abusing a young girl for several years.
According to the Shelby County District Attorney Amy Weirich. 37-year-old Dedrick Bell pled guilty to a felony charge for the rape of a child.
WMC reports Bell was arrested in July 2021 when a 13-year-old girl told her mother that he had been sexually assaulting her since she was 10 years old.
Authorities said Bell admitted to the girl’s mother that he had been abusing the girl in various locations when she confronted him. The 37-year-old reportedly told her the incidents happened around the house, in the backyard and sometimes in a car when she wasn’t home.
According to the district attorney’s office, Bell told authorities the assaults had been happening for the last three to four years.
Officials with the state said Bell has a court date scheduled for Sept. 9.
Copyright 2022 WMC via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/07/30/man-sentenced-30-years-prison-raping-13-year-old-girl-da-says/ | 2022-07-30T23:52:31Z |
What it takes for NHL playoff contenders to win Stanley Cup
By STEPHEN WHYNO
AP Hockey Writer
The Colorado Avalanche, Florida Panthers and Carolina Hurricanes are among the contenders looking to get over the hump this year and win the Stanley Cup. Players and coaches who have won or reached the final know there’s a recipe for taking the next step and getting in the mix to win it all. It involves a combination of good health, good bounces and good goaltending among other factors. Consistent play and confidence also play a role. And only one of the 16 teams that made the playoffs will hoist the trophy. | https://localnews8.com/sports/ap-national-sports/2022/05/02/what-it-takes-for-nhl-playoff-contenders-to-win-stanley-cup/ | 2022-05-02T11:09:45Z |
PITTSBURGH, Aug. 9, 2022 /PRNewswire/ -- "I'm a distributor of key chain tags at an auto dealership and I thought there could be a way to simplify the process," said an inventor, from Lee's Summit, Mo., "so I invented the E Z KEY TAG. My design saves time, it eliminates confusion and it ensures that there is enough room to write down the VIN number."
The patent-pending invention provides an improved key tag system for automotive dealerships. In doing so, it ensures that the written information is clearly displayed. As a result, it saves time and effort and it helps to prevent confusion and mistakes. Additionally, the invention features a simple and user-friendly design that is easy to use so it is ideal for automotive dealerships.
The original design was submitted to the Jackson sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-JKK-136, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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SOURCE InventHelp | https://www.kxii.com/prnewswire/2022/08/09/inventhelp-inventor-develops-improved-key-tag-system-car-dealerships-jkk-136/ | 2022-08-09T19:05:39Z |
WASHINGTON, July 7, 2022 /PRNewswire/ -- Kelley Drye & Warren LLP today announced that Senior Government Relations Counsel Laurie Rubiner has joined the firm. Drawing from her extensive experience in the U.S. Senate and the national public policy arena, Laurie will provide Kelley Drye clients with strategic guidance and counseling, devise and implement comprehensive advocacy campaigns, and help build coalitions with allied stakeholders.
"As politics grows increasingly partisan, it's more important than ever for our clients to have strategic partners that can advocate for them on both sides of the aisle," said Paul Rosenthal, co-chair of the Government Relations and Public Policy practice group. "Laurie's strong bi-partisan background, political acumen, and understanding of the inner workings of Congress will benefit our clients across a range of industries."
In the U.S. Senate, Laurie served as Chief of Staff to Senator Richard Blumenthal (D); Legislative Director to Senator Hillary Clinton (D); and Legislative Assistant to the late Senator John Chafee (R). Recently, Laurie served as Special Counsel to the Senate Judiciary Committee for the nomination of Brett Kavanaugh to the Supreme Court.
Prior to joining Kelley Drye, she was Executive Vice President for Domestic Programs at the Campaign for Tobacco Free Kids – where she formulated, supervised, and managed the Campaign's U.S. programs. She has held senior positions with several national policy organizations, including as vice president for Planned Parenthood Federation of America (PPFA), where she led the organization's implementation of national and state strategies for improved public policies through government relations, grassroots organizing, litigation, and political affairs. She also served as a director at the New America Foundation, a nonpartisan think tank in Washington, D.C., and as vice president for public policy at the National Partnership for Women & Families.
"During my career, I have been able to work with lawmakers on both sides of the aisle on key legislative and policy issues, and I'm eager to translate my experience into solving real world business problems for our clients," said Laurie. "It's also great to be able to reconnect with the people that I started my career in Washington with, as I worked in the government relations group at Collier Shannon prior to their merger with Kelley Drye."
Laurie received her J.D. from Georgetown University Law Center, and is admitted to practice in the state of New York.
Founded in 1836, Kelley Drye & Warren LLP is home to skilled practitioners in the areas of litigation, regulatory, real estate, corporate and bankruptcy. The firm's Washington office is home to team of over 30 bipartisan advocates that work in partnership with companies and organizations to develop and implement strategies to change government policy. Kelley Drye's Government Relations and Public Policy group is a balanced bipartisan team of former congressional, administration, and federal agency staff and includes lawyers and non-lawyer lobbyists – many of whom have been recognized as preeminent practitioners of their respective fields of practice. Working as an integrated team allows them to leverage their substantive knowledge of the issues and political acumen across the political spectrum to obtain successful outcomes for the firm's clients. The group's efforts range from day-to-day issue monitoring and outreach to the development and implementation of major strategic campaigns. To learn more, visit www.kelleydrye.com.
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SOURCE Kelley Drye & Warren LLP | https://www.wibw.com/prnewswire/2022/07/07/prominent-legislative-policy-strategist-laurie-rubiner-joins-kelley-drye-bolstering-government-relations-public-policy-practice/ | 2022-07-07T14:11:34Z |
ALBANY, N.Y., Aug. 2, 2022 /PRNewswire/ -- A new bill that would amend New York's current wrongful death statute has passed the Senate and the State Assembly, and is now headed to Governor Kathy Hochul's desk, where it is expected to be signed into law.
The bill, known as the Grieving Families Act, amends the state's wrongful death law by permitting families to recover non-financial damages for emotional anguish if their loved one was a victim of wrongful death. Under the present statute, families of wrongful death victims can only recover compensation for pecuniary (monetary) damages. The new bill will change victims' lives by recognizing the grief that families of wrongful death victims suffer.
The current wrongful death law favors high-wage earners by only permitting families to recover financial damages. This devalues other, non-financial contributions made by children, elderly individuals, and other victims who may not have contributed financially but brought value to the family unit in other significant ways. The new bill recognizes the contributions of all victims, not just breadwinners, by allowing families to recover compensation for emotional losses.
The bill also redefines "close family members" and broadens the range of potential plaintiffs in a wrongful death suit. The original law limited financial recovery to specific family members, including parents and spouses, and excluded individuals who were not legally part of the victim's family, such as domestic partners, even if those individuals were close to the deceased. The new bill takes the unique circumstances of each victim's close, personal relationships into account, and permits recovery by other close family members in addition to spouses and children. This includes unmarried, domestic partners.
Finally, the act extends the statute of limitations for bringing a wrongful death lawsuit. Formerly, a wrongful death lawsuit had to be filed within two years, but the new bill, if signed into law, would expand that window of time to 3.5 years.
Advocates of the bill believe that if approved, the new law would also deter institutions such as nursing homes and long-term care facilities from engaging in negligent care practices, given that the amended law places a higher value on life, and leaves defendants with a higher risk of exposure.
If your loved one passed away due to another person's negligence, contact Hach & Rose, LLP today for a free, no-risk consultation. Our New York wrongful death lawyers have the knowledge and resources to help you navigate the legal process and pursue the compensation you are entitled to.
About Hach & Rose, LLP
At Hach & Rose, LLP, our New York sexual abuse lawyers are committed to protecting victims of sexual abuse. We will be ready to investigate your case and work to uncover whether the perpetrator or negligent third-party could be held accountable through criminal charges, a civil lawsuit, or both. If you or a loved one suffered any form of sexual abuse, don't wait until it is too late to get justice. Call us at (646) 969-3383 or reach out to us online for a 100% free and confidential consultation.
Media Contact:
Hach & Rose, LLP
(646) 663-3012
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SOURCE Hach & Rose, LLP | https://www.wibw.com/prnewswire/2022/08/02/wrongful-death-bill-approved-by-new-york-legislature-according-hach-amp-rose-llp/ | 2022-08-02T18:34:33Z |
DALLAS, Aug. 1, 2022 /PRNewswire/ -- Kimberly-Clark announced today that it was once again named one of the World's Most Ethical Companies by Ethisphere for the fourth consecutive year. This recognition honors the company's exceptional leadership and commitment to business integrity through best-in-class ethics, compliance and governance practices.
"Kimberly-Clark has always been committed to doing business the right way," said Mike Hsu, Chairman and CEO at Kimberly-Clark. "We're honored to be recognized once again by Ethisphere. It's a reflection of the deep commitment of our teams around the world to lead with integrity as we drive our value creation agenda for all our stakeholders."
Grounded in Ethisphere's proprietary Ethics Quotient®, the World's Most Ethical Companies assessment process includes more than 200 questions on culture, environmental and social practices, ethics and compliance activities, governance, diversity, and initiatives to support a strong value chain. The process serves as an operating framework to capture and codify the leading practices of organizations across industries and around the globe.
"Today, business leaders face their greatest mandate yet to be ethical, accountable and trusted to drive positive change," said Timothy Erblich, CEO of Ethisphere. "We continue to be inspired by the World's Most Ethical Companies honorees and their dedication to integrity, sustainability, governance and community. Congratulations to Kimberly-Clark for earning the World's Most Ethical Companies designation."
Kimberly-Clark is one of only four honorees in the consumer products industry. In 2022, Ethisphere recognized 136 honorees spanning 22 countries and 45 industries.
The full list of the 2022 World's Most Ethical Companies can be found at https://worldsmostethicalcompanies.com/honorees.
Learn more about Kimberly-Clark's commitment to ethics and compliance at
https://www.kimberly-clark.com/responsibility/ethics-governance.
About Kimberly-Clark
Kimberly-Clark (NYSE: KMB) and its trusted brands are an indispensable part of life for people in more than 175 countries. Fueled by ingenuity, creativity, and an understanding of people's most essential needs, we create products that help individuals experience more of what's important to them. Our portfolio of brands, including Huggies, Kleenex, Scott, Kotex, Cottonelle, Poise, Depend, Andrex, Pull-Ups, GoodNites, Intimus, Neve, Plenitud, Sweety, Softex, Viva and WypAll, hold the No. 1 or No. 2 share position in 80 countries. We use sustainable practices that support a healthy planet, build stronger communities, and ensure our business thrives for decades to come. To keep up with the latest news and to learn more about the company's 150-year history of innovation, visit kimberly-clark.com.
About Ethisphere
Ethisphere® is the global leader in defining and advancing the standards of ethical business practices that fuel corporate character, marketplace trust and business success. Ethisphere has deep expertise in measuring and defining core ethics standards using data-driven insights that help companies enhance corporate character and measure and improve culture. Ethisphere honors superior achievement through its World's Most Ethical Companies recognition program and provides a community of industry experts with the Business Ethics Leadership Alliance (BELA). More information about Ethisphere can be found at: https://ethisphere.com.
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SOURCE Kimberly-Clark Corporation | https://www.wibw.com/prnewswire/2022/08/01/kimberly-clark-recognized-one-2022-worlds-most-ethical-companies-by-ethisphere/ | 2022-08-01T13:19:17Z |
This is the last time we'll ever see a selfie from NASA's InSight lander on Mars. And judging by the amount of dust coating the lander's solar panels, it's easy to see why.
The stationary spacecraft captured the image on April 24 using its robotic arm, which will soon be placed into a final resting position called "retirement pose" this month. In order to take a selfie, the arm has to move several times, and that won't be possible anymore.
"Before losing more solar energy, I took some time to take in my surroundings and snapped my final selfie before I rest my arm and camera permanently in the stowed position," the InSight account tweeted on Tuesday.
Due to a decreasing power supply, the mission will cease scientific operations by the end of late summer. It has been revealing the mysterious interior of Mars since landing in November 2018.
InSight's solar panels have been increasingly covered in red Martian dust, despite creative efforts by the mission's team on Earth. This accumulation will only worsen as Mars now enters winter, when more dust is lofted into the atmosphere.
These floating particles reduce the sunlight necessary to charge the solar panels that power InSight, which is currently working on an extended mission that was expected to last through December. The mission achieved its primary goals after its first two years on Mars.
The final selfie shows that the lander is covered with far more dust than it was in previous selfies from December 2018 and April 2019.
The lander went into safe mode on May 7, when its energy levels dropped, causing it to cease everything but essential functions. The team anticipates this could happen more frequently in the future as dust levels increase.
The stationary lander is only able to collect about one-tenth of the available power supply it had after landing on Mars in November 2018. When InSight first landed, it could produce about 5,000 watt-hours each day on Mars, the equivalent of what it takes to power an electric oven for an hour and 40 minutes.
Now, the lander produces 500 watt-hours per day, enough to power an electric oven for just 10 minutes. If 25% of the solar panels were cleaned, InSight would experience a power boost sufficient to keep it going. The spacecraft has witnessed many dust devils, or whirlwinds, but none have been close enough to clear off the solar panels.
"We've been hoping for a dust cleaning like we saw happen several times to the Spirit and Opportunity rovers," said Bruce Banerdt, InSight's principal investigator at NASA's Jet Propulsion Laboratory, in a statement. "That's still possible, but energy is low enough that our focus is making the most of the science we can still collect."
By the end of the summer, the team will turn off the seismometer, end science operations, and monitor what power levels remain on the lander. At the end of the year, the InSight mission will conclude.
The InSight team, however, will still listen for any possible communication from the spacecraft and determine if it could ever operate again.
The lander's highly sensitive seismometer, called the Seismic Experiment for Interior Structure, has detected more than 1,300 marsquakes from hundreds and thousands of miles away. InSight detected the largest one yet, a magnitude 5, on May 4.
"Even as we're starting to get close to the end of our mission, Mars is still giving us some really amazing things to see," Banerdt said.
The data collected by InSight so far has revealed new details about the little-known Martian core, interior layers and crust. It has also recorded weather data and analyzed the remains of the magnetic field that once existed on Mars.
InSight's steady stream of data heading to scientists on Earth will stop when the solar cells can no longer generate enough power. But researchers will be studying the detections made by InSight for decades to come in order to learn as much as possible about our enigmatic planetary neighbor.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/the-nasa-mars-insight-lander-just-took-its-final-selfie/article_22e4ef82-3eb4-5430-ac4e-56a84785c84b.html | 2022-05-25T16:47:58Z |
Two flight attendants fight back after being fired for voicing concerns about the Equality Act's impact on women and people of faith on internal messaging board
SEATTLE, May 17, 2022 /PRNewswire/ -- Today, First Liberty Institute filed a federal lawsuit on behalf of two flight attendants against Alaska Airlines after the airline terminated them because they asked questions in a company forum about the company's support for the "Equality Act." The lawsuit also claims the Association of Flight Attendants union failed to uphold its responsibility to defend the plaintiffs because of their religious beliefs.
You can read the complaint here.
Both plaintiffs, Marli Brown and Lacey Smith, filed charges of religious discrimination with the Equal Employment Opportunity Commission (EEOC) against Alaska Airlines in August 2021. Earlier this year the EEOC issued right-to-sue letters to both flight attendants.
"Alaska Airlines 'canceled' Lacey and Marli because of their religious beliefs, flagrantly disregarding federal civil rights laws that protect people of faith from discrimination," said Stephanie Taub, Senior Counsel for First Liberty Institute. "It is a blatant violation of state and federal civil rights laws to discriminate against someone in the workplace because of their religious beliefs and expression. 'Woke' corporations like Alaska Airlines think that they do not have to follow the law and can fire employees if they simply don't like their religious beliefs."
In early 2021, Alaska Airlines announced its support for the Equality Act on an internal employee message board and invited employees to comment. Lacey posted a question, asking, "As a company, do you think it's possible to regulate morality?" In the same forum, Marli asked, "Does Alaska support: endangering the Church, encouraging suppression of religious freedom, obliterating women rights and parental rights? ...." Both plaintiffs, who had exemplary records as employees, were subsequently investigated, questioned by airline authorities, and eventually fired from their jobs.
When it fired them, the Airline said the two flight attendants' comments were "discriminatory," "hateful," and "offensive." In its notice of discharge to Ms. Smith, Alaska Airlines claimed, "Defining gender identity or sexual orientation as a moral issue … is … a discriminatory statement."
In today's lawsuit, First Liberty attorneys state, "Despite Alaska Airlines' claimed commitment to an inclusive culture and its frequent invitations to employees to dialogue and express a diversity of perspectives, Alaska Airlines created a work environment that is hostile toward religion, and AFA reinforced that company culture. Alaska Airlines and AFA cannot wield their social advocacy as a sword to unlawfully discriminate against religious employees and instead must remain mindful of their legal obligation to 'do the right thing' towards all employees, including religious employees. The Court must hold Alaska Airlines and the AFA accountable for their discrimination."
The complaint adds, "Title VII prohibits discrimination based on race, sex, religion, color, and national origin. Other federal statutes prohibit discrimination based on age and disability. Alaska Airlines affirms its disregard for religion as a protected class by its repeated statements of support for other protected classes while omitting the protected class of religion."
About First Liberty Institute
First Liberty Institute is a non-profit public interest law firm and the largest legal organization in the nation dedicated exclusively to defending religious freedom for all Americans.
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SOURCE First Liberty Institute | https://www.kxii.com/prnewswire/2022/05/17/flight-attendants-sue-alaska-airlines-union-claiming-religious-discrimination-firings/ | 2022-05-17T17:54:07Z |
NEW YORK, April 7, 2022 /PRNewswire/ -- 5WPR, one of the largest independently-owned PR firms in the U.S., is pleased to announce their work for client Ethique has been chosen as a finalist in the 2022 SABRE North America Awards within the Fashion & Beauty consumer goods category.
5WPR leveraged Earth Month to launch Ethique to the U.S. market as pioneers in the low-waste cosmetic category, educating the consumer landscape about the advantages of swapping traditional bottled products for plastic-free bars and concentrates without compromising results. The launch set in motion a year of record-breaking growth for the client, resulting in increased revenue state-side, and over 2.9 billion media impressions across 400+ media placements.
"5W has a passion for sustainable beauty, and we greatly value our partnership with Ethique and the opportunities to support their groundbreaking environmental efforts," said 5WPR CEO, Dara A. Busch. "Our beauty team has executed an exceptional campaign in an incredibly competitive industry, resulting in this well-deserved recognition. Congratulations to all the finalists."
The 2022 North American SABRE Awards includes around 350 campaigns on its shortlist, selected from among more than 2,000 entries. The campaigns were evaluated by a jury of industry leaders. Winners will be unveiled at the North American SABRE Awards ceremony on Wednesday, May 4.
5W Public Relations is a full-service PR agency in NYC known for cutting-edge programs that engage with businesses, issues and ideas. With more than 250 professionals serving clients in B2C (Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit), B2B (Corporate Communications and Reputation Management), Public Affairs, Crisis Communications and Digital Marketing (Social Media, Influencer, Paid Media, SEO). 5W was awarded 2020 PR Agency of The Year and brings leading businesses a resourceful, bold and results-driven approach to communication.
Media Contact
Dara A. Busch
dbusch@5wpr.com / 212.999.5585
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SOURCE 5W Public Relations | https://www.kxii.com/prnewswire/2022/04/07/5wpr-named-finalist-fashion-beauty-campaign-2022-sabre-awards/ | 2022-04-07T16:47:11Z |
NEW ORLEANS, Sept. 8, 2022 /PRNewswire/ -- Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC ("KSF") are investigating the proposed sale of BBQ Holdings, Inc. (NasdaqGS: BBQ) to MTY Food Group Inc. (TSX: MTY). Under the terms of the proposed transaction, shareholders of BBQ will receive only $17.25 for each share of BBQ that they own. KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
If you believe that this transaction undervalues the Company and/or if you would like to discuss your legal rights regarding the proposed sale, you may, without obligation or cost to you, e-mail or call KSF Managing Partner Lewis S. Kahn (lewis.kahn@ksfcounsel.com) toll free at any time at 855-768-1857, or visit https://www.ksfcounsel.com/cases/nasdaqgs-bbq/ to learn more.
Please note that the merger is structured as a tender offer, such that time may be of the essence.
To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com.
Kahn Swick & Foti, LLC
1100 Poydras St., Suite 3200
New Orleans, LA 70163
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SOURCE Kahn Swick & Foti, LLC | https://www.wibw.com/prnewswire/2022/09/08/bbq-holdings-investor-alert-by-former-attorney-general-louisiana-kahn-swick-amp-foti-llc-investigates-adequacy-price-process-proposed-sale-bbq-holdings-inc-bbq/ | 2022-09-08T07:52:23Z |
Twice, daily service kicks off today with nonstop flights to Las Vegas and ticket giveaways
Photos and video available HERE
MIRAMAR, Fla., Aug. 10, 2022 /PRNewswire/ -- Spirit Airlines' (NYSE: SAVE) bright yellow planes soared over Reno's shining neon lights today as the carrier launched its new, nonstop service at Reno–Tahoe International Airport (RNO). The nonstop route to Las Vegas (LAS) operates twice daily, offering a convenient and affordable alternative to driving between the two popular Nevada destinations or pricier airline options. From Las Vegas, Reno travelers can also enjoy easy connections to 19 cities across the country.
"It's an exciting time to add Reno to our growing route map as Guests increasingly look to enjoy destinations with world-class outdoor recreation options, like those available in and around The Biggest Little City in the World," said Lania Rittenhouse, Vice President of Guest Experience, Brand & Communications for Spirit Airlines and President of the Spirit Charitable Foundation. "We look forward to serving our Guests in Northwest Nevada with high-value travel options and the Reno community through our Foundation."
To mark the new service, Spirit is hosting a Las Vegas Flyaway for Reno Guests. One lucky winner will get a pair of tickets to fly on Spirit's new, nonstop route to Las Vegas, including complimentary roundtrip airfare, bags, seat selection and Shortcut Boarding. Winners will also enjoy a three-night stay at Treasure Island and a pair of tickets to Mystère by Cirque du Soleil, provided in partnership with the Las Vegas Convention and Visitors Authority. Participants can enter now through August 31 at spirit.com/flyaway.
"We're thrilled that our partners at Spirit Airlines are continuing to expand nonstop service to Las Vegas with three new routes," said H. Fletch Brunelle, Vice President of Marketing for the Las Vegas Convention and Visitors Authority. "The addition of these new flights is extremely exciting as we welcome visitors to explore all that's new in the sports and entertainment capital of the world. From stunning new resorts and meeting spaces to spectacular new entertainment offerings and the most anticipated international sports special events, Las Vegas continues to flourish."
Las Vegas is one of Spirit's largest airport operations with around 70 flights each day, which now provides one-stop options between RNO and 19 cities across the airline's route map. Spirit is the second-largest carrier by departing seats at LAS this year.
*Service launching November 17, 2022
"The routes to LAS from RNO provided by Spirit offer more options for our region, which is great news for northern Nevada," said Daren Griffin, President and CEO of the Reno-Tahoe Airport Authority. "Spirit is a wonderful addition to the RNO family and we welcome them to this exciting time in our history as we offer Reno-Tahoe more airlines and non-stop destinations than we've ever had before."
The Spirit Charitable Foundation commemorated the carrier's entrance into Reno with a $20,000 donation to Urban Roots. The Reno-based nonprofit organization strives to change the way communities eat and learn through garden-based education, building healthy habits and a respect for the environment. The Foundation is committed to investing in organizations like Urban Roots that have a meaningful social impact on one of its three key pillars: Children and Families, Service Members, and the Environment.
"We have had our sights trained on the ground beneath us and what it can produce for learners of all ages in the region. The generous donation from Spirit Airlines was a delightful surprise," said Jenny Angius, Executive Director of Development and Operations. "Our advocates in the air have given us a gift that will amplify our organization's ability to drive sustainability practices, and as both of our organizations work to minimize adverse effects to the planet, we can't wait to demonstrate in real time the ways their support change lives for our constituents."
Soar With Us
There is no limit to how fast and how far you can grow within Spirit. We're growing and hiring Pilots, Flight Attendants, and Aviation Maintenance Technicians. Visit spirit.com/careers for information.
Spirit's Elevated Guest Experience
The entrance into Reno demonstrates Spirit's continued commitment to invest in the Guest, which entails a number of initiatives aimed at delivering the best value in the sky:
- Spirit's Fit Fleet® is one of the most fuel-efficient fleets in the industry, with 24 brand new planes planned for delivery this year, and 33 more planes projected for delivery in 2023.
- An all-new cabin interior with ergonomically-designed seats and more usable legroom, featuring the best deal in the sky with our unique Big Front Seat®.
- Fast onboard Wi-Fi that allows Guests to watch content from streaming services.
Recognition
Spirit was recognized by Forbes as one of America's Best Employers for Diversity 2022 following its active efforts to create and celebrate a diverse workplace environment. The carrier also won "Best Airport Innovation" in the 2021 APEX/IFSA Awards for its groundbreaking self-bag drop system with biometric photo matching, which speeds up the check-in process and reduces face-to-face contact. Spirit also recently received the FAA's "Aviation Maintenance Technician Diamond Award of Excellence" for the fourth consecutive year.
About Spirit Airlines:
Spirit Airlines (NYSE: SAVE) is committed to delivering the best value in the sky. We are the leader in providing customizable travel options starting with an unbundled fare. This allows our Guests to pay only for the options they choose — like bags, seat assignments and refreshments — something we call À La Smarte®. We make it possible for our Guests to venture further and discover more than ever before. Our Fit Fleet® is one of the youngest and most fuel-efficient in the U.S. We serve destinations throughout the U.S., Latin America and the Caribbean, and are dedicated to giving back and improving those communities. Come save with us at spirit.com.
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SOURCE Spirit Airlines, Inc. | https://www.wibw.com/prnewswire/2022/08/10/nevadans-gain-easier-cross-state-travel-option-amp-exciting-connection-options-with-spirit-airlines-nonstop-service-reno/ | 2022-08-10T20:56:02Z |
LOS ANGELES, Aug. 5, 2022 /PRNewswire/ -- WR Immigration and Banias Law filed a complaint in the U.S. District Court for the District of Columbia on behalf of hundreds of Chinese foreign national plaintiffs today requesting the court to compel the U.S. Department of State to authorize FY 2022 EB-5 immigrant visa numbers be allocated to all plaintiffs and their families by September 30, 2022, and to process their immigrant visa applications promptly.
Approximately 18,000 EB-5 visas were wasted last fiscal year and cannot be used anymore without Congressional action. In fiscal year 2022, ending September 30, 2022, over 11,000 immigrant visas should be available to China-mainland EB5 investors, and it is almost certain most of these will be wasted.
This lawsuit seeks to compel the State Department to follow the plain language of its own regulations and "allocate" the visas prior to the end of FY 2022, before they are forever wasted, and issue the immigrant visas at a later date after a consular officer has thoroughly vetted each visa applicant. This effectuates congressional intent to provide a fixed annual quota of visas. Plaintiffs allege that this intent is being thwarted by the State Department failing to allocate the supply of available visas causing "age-outs" of their children and unfairly prolonging the required time their EB-5 investment capital must be deployed.
If the congressionally mandated visas are issued, this will encourage other investors and all those in line will experience a much shorter wait, said Managing partner Bernie Wolfsdorf. "The plaintiffs in this case have invested over $100,000,000 into the U.S. economy and created thousands of jobs, but they not getting green cards and many of their children are now aging out. Without judicial intervention, they will be waiting many more years for a green card while the government wastes thousands of visas. The U.S. government must fulfill its end of the bargain and allocate immigrant visa numbers to these individuals so they can obtain their green cards. These people are seeking to immigrate legally, and their cases have been approved so the government inaction in refusing to allocate the visas is inexcusable," said Wolfsdorf.
Co-counsel Bradley Banias stated: "DOS statistics indicate that over 44,000 China-mainland born nationals were waiting for an immigrant visa as of November 1, 2021, and that number has not been reduced much due to lack of consular productivity in Guangzhou. The law does not require DOS to wait for the interview to allocate visas. This should be done before the end of the fiscal year."
CONTACT: Bernard Wolfsdorf, 310-570-4070, bernard@wolfsdorf.com
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SOURCE WR Immigration | https://www.wibw.com/prnewswire/2022/08/06/lawsuit-filed-stop-wastage-eb-5-investor-visas/ | 2022-08-06T03:31:35Z |
FRESNES, France (AP) — A former hotel housekeeper who fought for the rights of her co-workers has become a symbol of the recent revival of France’s left, which is expected to emerge as the main opposition force in the French Parliament to President Emmanuel Macron’s government.
Rachel Kéké, 48, is poised to win election as a lawmaker when France holds the decisive second round of parliamentary elections on Sunday. She placed first in her district with more than 37% of the vote in the election’s first round. Her nearest rival, Macron’s former sports minister, Roxana Maracineanu, received less than 24%.
Macron’s centrist alliance is projected to win the most number of seats in the National Assembly, but it could fall short of securing an absolute majority. In that case, a new coalition composed of the hard left, the Socialists and the Greens could make Macron’s political life harder since the National Assembly is key to voting in laws.
Kéké, a Black mother of five who is from the Ivory Coast and settled in France 20 years ago, appeared confident this week while visiting Fresnes, a suburb southeast of Paris, to hand out flyers near a primary school and encourage people to vote for her Sunday.
Kéké, who acquired French citizenship in 2015, knows she represents more than the face of her own campaign. If she wins a place in a Parliament dominated by white men, many of them holding jobs in senior management, it could represent a turning point in the National Assembly reflecting a more diverse cross-section of the French population.
“I am proud to tell Black women that anything is possible,” she told the Associated Press.
Kéké worked as a hotel chambermaid for more than 15 years and eventually climbed the ladder to next job grade, becoming a governess who managed teams of cleaners. But after she started working for a hotel in northwest Paris, she noticed how the demands of cleaning hotel rooms threatened the physical and mental health of the people she supervised.
She thinks “it’s time” for essential workers to have a voice in Parliament. “Most of the deputies don’t know the worth of essential workers who are suffering,” said the candidate, who has repetitive motion tendonitis in her arm because of her cleaning work and still manages hotel housekeepers.
In 2019, along with around 20 chambermaids who were mostly migrant women from sub-Saharan Africa, Kéké fought French hotel giant Accor to obtain better work and pay conditions. She led a 22-month, crowdfunded strike that ended with a salary increase.
The hotel workers’ grueling but successful battle inspired many. Drafted by hard-left leader Jean-Luc Mélenchon’s party, Kéké agreed to run in the parliamentary race “to be the voice of the voiceless.”
“People who take public transportation at 4 a.m. are mostly migrants. I stand for them, too,” she said.
She joined Melechon’s party, France Unbowed, during the presidential campaign that resulted in Macron’s reelection in May and then became part of the New Popular Ecological and Social Union, the left-wing coalition trying to curb the president’s power in Parliament.
If elected, Kéké would be in position to support one of the key items on the coalition’s platform: increasing France’s monthly minimum wage from about 1,300 ($1,361) to 1,500 euros ($1,570).
She claimed her rival “doesn’t stand a chance.” That’s not what Maracineanu, 47, the former swimming world champion who served in Macron’s government, thinks.
Campaigning Thursday in Thiais, a farmer’s market town in the Paris suburbs, she energetically tried to convince often skeptical residents of the importance of Sunday’s vote. According to opinion polls, voters from the traditional right are expected to widely support Macron’s candidates in places where their own party didn’t qualify for the second round.
“There are some (voters) who are interested in the election from a national point of view. They want Emmanuel Macron and the majority to be able to govern,” Maracineanu said. “Some others are against Jean-Luc Mélenchon, clearly.”
Born in Romania, Maracineanu arrived in France with her family in 1984 and was naturalized French seven years later at the age of 16. She became the first world champion in French swimming history and silver medalist at the 2000 Sydney Olympics.
“I won’t be heading to the National Assembly as a world champion, and Mrs. Kéké won’t go as a cleaning lady,” she said. “You go to the National Assembly to be an MP. Personal trajectories are of course interesting and they’re worth talking about but … the election is about an agenda.”
Only one of them will be elected Sunday.
The first round of the election gave a big boost to the left-wing coalition, which finished neck-in-neck with Macron’s alliance at the national level. The French president needs a clear, if not absolute majority to enact his agenda, which includes tax cuts and raising the retirement age.
One unpredictable factor for both camps: the expected low turnout.
In the first round, less than half of voters went to the polls, echoing disillusion with Macron, the establishment and everyday politics expressed by many.
“I come from a country where you couldn’t vote or when you did, it was useless, and it was always the same candidate who was elected under Romania’s dictatorship before 1989. I know how important a democratic ritual it is and that’s what I try and remind people,” Maracineanu said.
___
AP journalist Alexander Turnbull contributed to the story. | https://cw33.com/news/international/ap-international/former-hotel-housekeeper-aims-to-give-french-workers-a-voice/ | 2022-06-18T13:09:25Z |
(NEXSTAR) — A California lawsuit recently put Mars, Inc. in the hot seat, claiming one of its candies contained toxins that are unsafe to eat.
The class action suit filed earlier this month accuses the candy manufacturer of including “heightened levels” of titanium dioxide, or TiO2, in its Skittles candy. The petitioner pointed to the European Union phasing out the use of titanium dioxide with a full ban going into place next month; however, Skittles aren’t the only popular American food containing ingredients banned or limited in other countries.
Here are just a few American snacks you won’t find in other countries:
Mountain Dew & Fresca
Americans who “do the Dew” might be surprised to learn the product contains brominated vegetable oil. BVO is banned in Japan and the European Union because it contains bromine, the element found in brominated flame retardants, which can build up in the body and potentially lead to memory loss as well as skin and nerve problems. The grapefruit-flavored soda, Fresca, also contains the ingredient.
Little Debbie Swiss Rolls
Products in the European Union containing Yellow 5 and Red 40 carry warnings that they cause adverse effects in children, but you won’t find that warning on a box of Little Debbie Swiss Rolls in the US. Norway and Austria have banned the snack cakes outright.
Several Breakfast Cereals
Popular breakfast cereals including Frosted Flakes, Honey Bunches of Oats, and Rice Krispies contain BHT. Used as a flavor enhancer, BHT has long been studied for its potential carcinogenic properties. While the evidence is inconclusive, BHT is banned in Japan and the European Union. Other cereals, such as Lucky Charms, use Yellow 5, Yellow 6 and Red 40, despite being known to cause itching and hives for some.
Stove Top stuffing
Kraft Stove Top stuffing might make weeknight dinners easier, but it also contains the same BHT found in American breakfast cereals, as well as BHA, which at high doses, causes cancer in rats, mice and hamsters. Both preservatives are banned in the United Kingdom, Japan and several European countries.
Ritz Crackers & Coffee-mate
Trans fats were officially banned in the U.S. in 2018; however, some trans fats such as partially hydrogenated soybean and cottonseed oils can still be found in popular products such as Ritz Crackers and Coffee-mate creamers. These ingredients are also banned in Switzerland, Austria, Hungary, Iceland, Norway and Denmark.
Drumstick frozen desserts
Drumstick uses carrageenan, derived from seaweed, for texture in its ice cream. Carrageenan can affect the human digestive system which has led to its limited use in the European Union. | https://cw33.com/news/nexstar-media-wire/these-american-staple-foods-are-banned-in-other-countries/ | 2022-07-24T15:45:19Z |
NEW YORK, Sept. 16, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for ADBE, MSFT, NVDA, AMD, and GOOGL.
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SOURCE InvestorsObserver | https://www.mysuncoast.com/prnewswire/2022/09/16/thinking-about-trading-options-or-stock-adobe-microsoft-nvidia-advanced-micro-devices-or-alphabet/ | 2022-09-16T18:19:44Z |
LOS ANGELES, Aug. 24, 2022 /PRNewswire/ -- As a two-day comment period begins today over new privacy regulations, Consumer Watchdog is highlighting stringent rules for personal data use as well as red flags to be addressed if Californians wish to maximize control over their personal information.
The California Privacy Protection Agency is taking public comment on Wednesday and Thursday pursuant to drafting regulations implementing the California Consumer Privacy Rights Act, amended by voters in 2020 to provide consumers with more control over their personal data.
"We applaud that the rules strive to make it easier for people to take control of their data more than ever before," wrote Justin Kloczko, Consumer Watchdog's tech and privacy advocate in a letter to the privacy board.
This includes needed guidance on what can be considered a dark pattern, the kind of deceptive language and design businesses often use to extract user consent online, and categories of collected sensitive personal information.
Read the letter here: https://consumerwatchdog.org/sites/default/files/2022-08/CPPALetterCWD_8-24-22.pdf
The nonprofit advocacy group also commends the agency for providing clarity on a global privacy preference signal, a hallmark of the new law that empowers consumers to easily opt-out of data collection. In addition, the regulations state that a business should display a message on its website as to whether it has honored a user's preference signal.
"We are pleased to see the agency has made a global opt-out mandatory for businesses to honor, a topic that has been highly disputed among the business community. The global preference signal is an easy, fluid way for users to notify all businesses of their privacy preferences," said Kloczko.
Many advertising and tech industry firms who see our data as a pot of gold have come out against a global opt-out, including the California Retailer's Association and the California Chamber of Commerce. ( https://www.consumerwatchdog.org/privacy-technology/corporations-are-spreading-privacy-law-disinformation ) The chamber, which includes among its members major personal data recipients Google, Amazon and Facebook, insurance companies State Farm and Allstate, and big banks Wells Fargo and JP Morgan Chase, said, incorrectly, "a global opt-out is voluntary under the California Privacy Rights Act."
However, Consumer Watchdog is concerned about businesses making it difficult for consumers to exercise that opt-out right. Under the proposed regulation Section 7025, it says, "a business may provide the consumer with an option to provide additional information if it will help facilitate the consumer's request to opt-out of sale or selling."
"This opens the door to a lot of friction in the form of pop-ups or worse service, which goes against the intent of the law. Companies may still ask for a name or email even if users express to not have their data shared or sold. The ability for a business to have the so-called 'last say' in this exchange over data sharing will exhaust users and should be simply eliminated," wrote Consumer Watchdog.
Further, draft provisions state businesses have 15 days to honor a person's request to stop selling or sharing data with third-parties, as well as 15 days to limit use and disclosure of sensitive personal information.
"This is a large window that threatens to upend the entire law. And the regulation is not backed up by the statutory language," wrote Consumer Watchdog.
"Even when someone opts out, personal information will still be sold because businesses are granted a two-week grace period to honor a request. It will also spur companies to concentrate on using and selling data within the window, producing a Wild West effect on data selling," wrote Consumer Watchdog.
"And even though it says a business should honor a request 'as soon as feasibly possible,' a business will cite 15 days as 'soon as feasibly possible.' Businesses should be forced to honor a person's opt-out request as soon as they are able to sell your data, which apparently is instantaneous. This gap should be closed," wrote Consumer Watchdog.
Finally, Consumer Watchdog appreciates regulations on use limits and protecting consumer data from being used beyond its expected purpose. This is particularly salient in light of car companies collecting reams of personal data as outlined in our report, "Connected Cars and the Threat to Your Privacy" (https://consumerwatchdog.org/sites/default/files/2022-03/CWD%20TELEMATICS%20REPORT%20March%202022_0.pdf). The regulations require data collection and use by any business – including a business collecting data through the infotainment system in cars – be proportionate to the purpose. For example, under section 7002, a car company that knows your location for emergency services such as a car accident should not use geolocation for an unrelated purpose.
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SOURCE Consumer Watchdog | https://www.kxii.com/prnewswire/2022/08/24/consumer-watchdog-calls-state-privacy-board-tighten-draft-regulations-hearings-commence/ | 2022-08-24T20:09:51Z |
TEL AVIV, Israel and SEONGNAM CITY, South Korea, July 12, 2022 /PRNewswire/ -- Innoviz Technologies Ltd. (NASDAQ: INVZ) (the "Company" or "Innoviz"), a leading provider of high-performance, automotive-grade LiDAR sensors and perception software, and Joowon Industrial, a distributor and supplier of world-class testing equipment, today announced their cooperation to drive sales for Innoviz's LiDAR in the Korean market.
Powerline inspection and analysis is currently a highly critical and highly manual process for most utilities, requiring a large number of inspectors who physically inspect the utility's service area and the condition of the lines. Inspectors would look for things like worn components, hot spots that could indicate trouble, and potential interference from vegetation. This is a very expensive and time-consuming process that must be done regularly to ensure that the power grid remains reliable.
Joowon Industrial's TADS (Thermography Auto analysis Diagnosis System) is an automated power distribution line inspection and analysis system. According to Joowon, TADS enables electric contracting companies to save ~80% on the inspection and management of overhead power distribution lines. The next generation of Joowon's TADS system will use Innoviz's LiDAR to quickly and accurately build a 3D model of the power lines and surrounding vegetation, resulting in further cost reduction and quality improvement of powerline inspection.
Joowon will serve as a distributor for Innoviz Technologies to accelerate the adoption of the company's LiDAR solutions for a wide range of applications across industries from industrial machinery to heavy equipment in the Korean market and beyond.
Innoviz Co-Founder and CEO, Omer Keilaf, expressed his excitement about the formation of the new partnership with Joowon Industrial: "The Korean market is a very important one for Innoviz, and I am especially happy that we are starting our cooperation with an important LiDAR application that is important for the entire electric power market in Korea, and very relevant globally. We are pleased to partner with Joowon and have faith in its capability to establish a firm presence for Innoviz in the Korean market. We look forward to a fruitful collaboration with them."
Mr. Lee Un Myung, Joowon Industrial's President, added: "We have chosen Innoviz LiDAR for our projects, as they are a market leader in the LiDAR category, with several design wins with multiple leading automotive OEMs already under their belt. We are impressed by Innoviz LiDAR's extremely high-performance and resolution, and its ability to clearly detect and record details of each scene that other LiDARs simply cannot detect, such as electric poles and electric wires, for automatic overhead power distribution line inspection. We too look forward to a long and successful relationship with Innoviz."
About Joowon Industrial
Joowon Industrial Co., Ltd. is a distributor (agent) supplying world-class test equipment to customers in various fields in Korea. In particular, we are focusing on product sales activities to customers of the global environment, automation, safety, and energy sectors to improve the quality of life in the 21st century.
In partnership with KEPCO (Korea Electrical Power Corporation), Joowon is one of the leading manufacturers and developers of advanced equipment of thermal imaging solutions for inspection of customers' facilities in South Korea and several countries around.
Joowon is committed to technology development and innovation to provide the best quality products and future-oriented solutions to our customers.
For more information, visit www.joowon.co.kr
About Innoviz Technologies
Innoviz is a global leader in LiDAR technology, working towards a future with safe autonomous vehicles on the world's roads. Innoviz's LiDAR and perception software "see" better than a human driver and reduce the possibility of error, meeting the automotive industry's strictest expectations for performance and safety. Operating across the U.S., Europe, and Asia, Innoviz has been selected by internationally recognized premium car brands for use in consumer vehicles as well as by other commercial and industrial leaders for a wide range of use cases. For more information, visit innoviz-tech.com.
Join the discussion: Facebook, LinkedIn, YouTube, Twitter
Media Contact
Investor Contact
Maya Lustig
Innoviz Technologies
+972 54 677 8100
Investors@innoviz-tech.com
Forward Looking Statements
This announcement contains certain forward-looking statements within the meaning of the federal securities laws, including statements regarding the services offered by Innoviz, the anticipated technological capability of Innoviz's products, the markets in which Innoviz operates, Innoviz's forward-looking order book, and Innoviz's projected future results. These forward-looking statements generally are identified by the words "believe," "project," "expect," "anticipate," "estimate," "intend," "strategy," "future," "opportunity," "plan," "may," "should," "will," "would," "will be," "will continue," "will likely result," and similar expressions. Forward-looking statements are predictions, projections and other statements about future events that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this announcement, including but not limited to, the ability to implement business plans, forecasts, and other expectations, the ability to convert design wins into definitive orders and the magnitude of such orders, the ability to identify and realize additional opportunities, and potential changes and developments in the highly competitive LiDAR technology and related industries. The foregoing list of factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in Innoviz's annual report on Form 20-F filed with the SEC on March 30, 2022 and other documents filed by Innoviz from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and Innoviz assumes no obligation and does not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Innoviz gives no assurance that it will achieve its expectations.
Logo: https://mma.prnewswire.com/media/1857415/Innoviz_eccv_Logo.jpg
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SOURCE Innoviz Technologies | https://www.wibw.com/prnewswire/2022/07/12/innoviz-technologies-joowon-industrial-sign-distribution-agreement-accelerate-development-lidar-south-korean-market/ | 2022-07-12T12:03:24Z |
Buffalo sports teams offer support at site of mass shooting
CAROLYN THOMPSON
BUFFALO, N.Y. (AP) — Dozens of players and staff from professional Buffalo sports teams visited the scene of Saturday’s mass shooting at a Buffalo supermarket, where they laid flowers, dished out food and handed out groceries. The first stop was a group visit to a memorial at the edge of the store’s parking lot, where several players placed flowers in front of cut-outs of doves, each bearing the name of a victim. Buffalo Bills tight end Dawson Knox said he’s still trying to wrap his head around the attack that left 10 people dead and three wounded. But he says it hits differently, being there. | https://localnews8.com/sports/ap-national-sports/2022/05/18/buffalo-sports-teams-offer-support-at-site-of-mass-shooting/ | 2022-05-18T21:22:46Z |
BOSTON, Sept. 6, 2022 /PRNewswire/ -- Alcanza Clinical Research, a mission-focused investigator site network, announces the acquisition of Charlottesville Medical Research (CMR), a community-based research facility based in Charlottesville, Virginia. Since its inception in 1991, CMR specializes in Phase II-IV studies across a host of therapeutic areas.
"The addition of CMR to the Alcanza network is part of our strategy to expand research into geographic areas outside of metropolitan hubs to reach patient populations who are not traditionally presented with research participation opportunities," said Carlos Orantes, CEO of Alcanza. "CMR's reputation for rapid enrollment and providing exceptional patient experiences in chronic diseases and vaccine studies are a perfect complement for Alcanza's growth portfolio."
"CMR is extremely excited about the opportunity to join the Alcanza network," said Dr. James Clark, CEO of CMR. "We value the way Alcanza is pushing the traditional research boundaries forward through their emphasis on diversity and community-based sites to create better medicines and sustainable health equity. Together, we will forge new approaches to clinical trial access that continue to make us a great partner to our customers."
CMR will continue to operate as an independent site within the Alcanza network and retain its name. Dr. James Clark will retain the role of medical director and remain as a leader and principal investigator of the site.
Alcanza Clinical Research is an integrated network of research facilities focused on bringing clinical trial opportunities involving life-changing treatments and vaccines to all patients, especially those from under-represented communities. With locations in Massachusetts, Michigan, New Hampshire, South Carolina, and Virginia, we specialize in a range of conditions across psychiatry, neurology, dermatology, and infectious disease therapeutic areas.
The Alcanza network includes five multi-specialty organizations in eight locations.
ActivMed Practices and Research and Allcutis Research conduct Phase I-IV research across multiple locations in Massachusetts and New Hampshire.
Boston Clinical Trials serves the Boston, MA metro area with Phase II-IV studies.
Charlottesville Medical Research serves central Virginia patients with Phase II-IV studies.
Coastal Carolina Research Center offers Phase I-IV studies from the largest multi-therapeutic research site in the southeast United States.
Quest Research Institute provides Phase I-IV studies to southeastern Michigan patients and healthy volunteers.
Contact:
Alcanza Public Relations
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SOURCE Alcanza Clinical Research | https://www.wibw.com/prnewswire/2022/09/06/alcanza-clinical-research-strengthens-inclusive-research-capability-with-acquisition-charlottesville-medical-research/ | 2022-09-06T16:01:25Z |
‘These are our children.’ 80 minutes of horror at Robb Elementary School
By Ray Sanchez, CNN
Two days before the end of the academic year the students of Robb Elementary School wore their Sunday best for a “Footloose and Fancy” event — a prelude to a long-awaited summer of drive-in movies, lakeside barbecues and trips to amusement parks.
Tuesday morning, as 10-year-old fourth graders like Xavier Javier Lopez and Alexandria “Lexi” Rubio received honor roll certificates and other awards, a bullied loner named Salvador Ramos was home with his grandmother in Uvalde, a small, tight-knit Texas town nestled roughly midway between San Antonio and the border with Mexico.
Within hours, the little aspiring lawyers, police officers, dancers and biologists of Robb Elementary would cross paths with the high school dropout who gifted himself two AR-15 style rifles and hundreds of rounds of ammunition he legally purchased for his 18th birthday one week earlier.
At 11:33 a.m. Ramos entered the school, unimpeded, through a rear door that a teacher had left propped open. He fired more than 100 rounds in the school and two adjoining classrooms. A Border Patrol tactical team fatally shot him more than an hour after the terror began.
The massacre claimed the lives of 19 children and two teachers in the deadliest US school shooting in nearly a decade. Haunting details emerged almost daily. A father gathered with other distraught parents outside the school. He pleaded with officers for gear so he confront the gunman himself. An 11-year-old survivor played dead after smearing herself with her friend’s blood. The gunman looked one teacher in the eye. “Goodnight,” he said coldly before killing her.
Grieving parents planned funerals as they seethed over the delayed response. Law enforcement officials for days offered conflicting explanations. A public safety department colonel admitted Friday that waiting in a school hallway while trapped students made 911 calls was the “wrong decision” by the commanding officer at the scene. It’s not clear how many lives the mistake may have cost.
Uvalde’s nearly 16,000 working-class, mostly Latino residents are now the latest mourners in an eerily familiar American tragedy.
“It was something I never want to see again,” said Judge Eulalio “Lalo” Diaz, who, as Uvalde County justice of the peace, had the task of identifying the slain children and teachers in a county with no medical examiner. “These are our children.”
‘Just wait for it’
Ramos, who had no criminal record, had few friends and largely kept to himself. In the weeks leading up to the massacre, he exhibited a dark side in livestreams on the social media app Yubo. Several users who witnessed the recent videos said he told girls he would rape them, showed off a rifle he bought, and threatened to shoot up schools. They didn’t take him seriously until now.
At about 11 a.m. on Tuesday he called a 15-year-old girl in Germany. He had befriended her earlier this month on the social media app.
The young man and the teen from Frankfurt spoke daily on FaceTime. They also communicated on Yubo and played and chatted on the Plato gaming app. He was curious about life in Germany. He confessed to spending a lot of time alone at home.
“He looked happy and comfortable talking to me,” said the girl, whose mother gave permission for her to be interviewed.
Still, some chats alarmed her. He admitted hurling dead cats at houses. And he never mentioned plans to meet friends.
In videos and text messages, Ramos spoke of visiting his new friend in Europe. One message included a flight itinerary.
“I’m coming over soon,” he wrote.
On Monday, Ramos told the girl he had received a package of bullets that expanded upon entering tissue.
Why? she asked.
“Just wait for it,” he said, ominously.
The next day, in the call just after 11 on the morning of the shootings, he told the girl he loved her.
Screen shots of messages Ramos sent soon after the call show he complained that his grandmother had contacted AT&T about “my phone.”
“It’s annoying,” he wrote.
At 11:06 a.m. came a chilling message: “I just shot my grandma in her head.”
His final text to his new online friend was at 11:21 a.m. local time — then early evening in Germany: “Ima go shoot up” an elementary school.
Gunman opens fire, then enters school
With days left in the school year, the second- through fourth-graders of Robb Elementary collected their awards Tuesday morning.
The children smiled and posed for pictures. Students watched Disney’s “Lilo & Stitch” in the waning days of a long semester.
Less than a mile away, Ramos — after shooting his 66-year-old grandmother in the face and texting his German friend one last time — drove a pickup to the school campus and crashed the truck in a ditch. It was 11:28 a.m. local time.
He opened fire on two people outside a funeral home across the street but did not hit them. His grandmother managed to call 911. She was airlifted to a hospital in San Antonio and is expected to survive.
Derek Gonzalez was near the school when he heard the gunfire.
“Shooting! Shooting!” he recalled a woman shouting outside as bullets struck the ground.
Within minutes, Ramos made his way from the road to the school parking lot and began firing at classroom windows. Moments before he pulled open the building’s unlocked rear door, a school safety officer in a patrol car drove right by the gunman, who had hunkered down behind a car.
At 11:33 a.m. Ramos moved down a hallway and into one of two adjoining classrooms — 111 and 112. At no time since crashing the truck did police confront him.
Minutes later, seven officers arrived at the school. Three officers approached the locked classroom where the gunman had now barricaded himself. Two officers were shot from behind a door and suffered graze wounds.
A barrage of more than 100 rounds echoed through the halls of Robb Elementary in the slaughter’s first minutes. It was at least the 30th school shooting at a K-12 school this year.
He said ‘goodnight,’ then shot teacher
Miah Cerrillo, 11, was watching the Disney movie with classmates. Alerted to a shooter in the building, teachers Eva Mireles and Irma Garcia moved to protect their young charges. When one teacher tried to lock the classroom door, the gunman shot out a door window.
The teacher backpedaled and the gunman followed her. He said “Goodnight,” then shot her. He turned and opened fire on the other teacher and Miah’s classmates.
The girl cried at times and wrapped herself in a blanket as she recalled the horror. She heard screams and more shots when the gunman entered a connected classroom. Between rounds, the shooter played music Miah described as “sad — like you want people to die.”
Miah feared he would come back for her and a few surviving friends. She covered her hands with the blood of a classmate slain next to her and smeared herself with it. She played dead.
At one point Miah and a classmate managed to use the phone of their dead teacher to call 911.
“Please come,” she told the dispatcher. “We’re in trouble.”
Commander makes ‘the wrong decision’
Around the time students started making 911 calls as many as 19 law enforcement officers had already taken cover in the hallway, at 12:03 p.m. They took no action and waited for classroom keys and tactical equipment.
At 12:16 p.m. a girl who made several 911 calls told a dispatcher that eight or nine children were alive in her classroom.
“The on-scene commander at that time believed that it had transitioned from an active shooter to a barricaded subject,” Texas Department of Public Safety (DPS) Col. Steven McCraw said on Friday, describing the call not to confront the shooter as “the wrong decision, period.”
“There’s no excuse for that,” he added.
The official who made the decision not to breach the classroom was the school district police chief, Pedro “Pete” Arredondo, who has not spoken publicly since two very brief press statements on the day of the shootings. He has three decades of law enforcement experience. There was no response to attempts to reach Arredondo at his home on Friday.
Before the end of the noontime hour on Tuesday, at least 10 911 calls were made from classrooms, including several from the same girl pleading for help. She whispered at one point that multiple bodies surrounded her in Room 112.
Amerie Jo Garza turned 10 years old weeks before the attack. She got her first cell phone as a gift. Classmates would later tell her stepfather, med aide Angel Garza, that she was killed while trying to call 911.
“She was just trying to call authorities,” said Angel Garza, sobbing as he cradled a photo of Amerie holding an honor roll certificate.
“I just want people to know she died trying to save her classmates.”
The chaos extended to outside the school
During the siege, some responding officers helped evacuate students and teachers in other parts of the school.
Frustrated parents gathered outside during the rampage. They urged officers holding them back to storm the school to stop the bloodshed.
One parent, Victor Luna, pleaded with officers to give him their gear. His son Jayden survived the shooting but he didn’t know that at the time.
Luna and other parents watched nervously as officers escorted students from the school. Video from the scene showed officers physically restraining some parents.
Throughout the night distraught families gathered at the SSGT Willie de Leon Civic Center, where buses delivered survivors. DNA samples were collected from parents to confirm whether their children were among the victims.
As the death toll grew, relatives who spent hours watching as others were reunited with their sons and daughters walked away sobbing from the makeshift reunification center.
Doctors treat ‘destructive wounds’
The AR-15 rounds struck the heart of a small town.
Xavier and Lexi, the honor roll students, were among the victims. As were teachers Mireles and Garcia, who had taught together for five years. Two days after Garcia’s death, her husband, Joe, suffered a fatal heart attack. Their relatives said he died of a broken heart.
Other young victims were José Flores Jr., 10, and Eliana “Ellie” Garcia, who was 9. Nevaeh Alyssa Bravo was 10. Jacklyn Jaylen Cazares, 10, was killed along with her 10-year-old cousin and classmate Annabell Guadalupe Rodriguez.
There was Makenna Lee Elrod, 10; Uziyah Garcia, 10; Jayce Carmelo Luevanos, 10; Tess Marie Mata, 10; Maranda Mathis, 11; Alithia Ramirez, 10; Maite Rodriguez, 10; Layla Salazar, 11; Jailah Nicole Silguero, 10; Eliahana ‘Elijah’ Cruz Torres, 10; and Rogelio Torres, 10.
Nearly 20 people were injured in the attack with a rifle that has been used in some of the most notorious and deadly mass killings in recent history.
The AR-15 style rifle was engineered to maximize its kill rate by raking enemy soldiers with high-velocity rounds. The original designers explained that the speed of the impact causes the bullet to tumble after it penetrates tissue. The result: Catastrophic injuries.
“We were treating destructive wounds and what that means is that there were large areas of tissue missing from the body,” said Dr. Lillian Liao, pediatric trauma medical director at University Hospital in San Antonio, which treated three children from Uvalde. “They required emergency surgery because there was significant blood loss.”
It was hard knowing many victims were likely already dead by the time police killed the shooter.
“When we’re dealing with high-velocity firearm injuries, we may not get a whole lot of patients,” she said, wiping away tears. “I think that’s what has hit us the most. Not the patients that we did receive and we are honored to treat … but the patients that we did not receive.”
A grieving dad has but one question
In all, 80 minutes elapsed between the time officers were first called at 11:30 a.m. to the moment a federal tactical team entered locked classrooms and killed the gunman at 12:50 p.m.
To Miah, the 11-year-old survivor, it felt like three hours. She was there on the classroom floor covered in the blood of a classmate.
At 12:43 p.m. and again four minutes later a girl in the school called 911.
“Please send the police now,” she implored. It’s unclear if that was Miah on the line.
After waiting about 35 minutes outside the classroom, a US Border Patrol tactical team used a key to open a door. They had been at the school since 12:15 p.m. The teenage gunman kicked open the door of a classroom closet and opened fire, said a source familiar with the situation.
One agent held a shield. At least two others behind him engaged the shooter.
“It’s going to haunt them forever,” the source said, referring to the agents who responded and what they saw at the scene.
The siege was over.
Texas Gov. Greg Abbott had earlier in the week praised the “amazing courage” of the responding officers. On Friday he was in Uvalde for a news conference announcing state aid for the families affected by the shooting.
Abbott, who had canceled his appearance that day at the National Rifle Association convention 280 miles away in Houston, said he was “absolutely livid” that he was initially “misled” about the police response.
In the chaos outside the school on Tuesday, Angel Garza, the med aide, came upon a little girl who was covered in blood. She was crying. Her best friend had been killed.
Angel Garza asked her the name of the dead girl. It was his stepdaughter, Amerie Jo. That’s how he learned Amerie was gone.
Amerie’s biological father, Alfred Garza, was also outside the school as the massacre unfolded.
Days later, as gun enthusiasts and politicians gathered at the NRA convention and the governor questioned the actions of law enforcement, the grieving father had one question.
“Who’s going to pay for this?” Alfred Garza said.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
CNN’s Priscilla Alvarez, Nicole Chavez, Eric Levenson, Virginia Langmaid, Shimon Prokupecz, Nora Neus, Isabelle Chapman, Daniel A. Medina, Tina Burnside, Carroll Alvarado, Adrienne Broaddus, Bill Kirkos, Joe Sutton, Travis Caldwell, Michelle Krupa, Elizabeth Wolfe, Jamiel Lynch, Whitney Wild, Andy Rose, Amanda Musa, Alexa Miranda, Monica Serrano, Amanda Jackson, Holly Yan, Jason Carroll, Linh Tran, Isabelle Chapman, Jeff Winter, Casey Tolan and Ed Lavandera contributed to this report. It was reported and written by Ray Sanchez in New York. | https://localnews8.com/news/national-world/cnn-national/2022/05/29/these-are-our-children-80-minutes-of-horror-at-robb-elementary-school/ | 2022-05-29T11:07:23Z |
BOSTON, July 12, 2022 /PRNewswire/ -- Cynamics, a disruptive sample-based, AI-driven Network Detection and Response (NDR) solution provider announced today that TAG Cyber had selected it as a Distinguished Vendor in the 3rd quarter edition of the 2022 TAG Cyber Security Annual.
Over the past few years, accelerated by the COVID pandemic, there has been a significant rise in organizations' reliance on digital communication infrastructure, increasing, in turn, their vulnerability to a wide array of cyberattacks such as data breaches and ransomware attacks.
As networks' size, data volume, and complexity are all growing exponentially, there is a great need for network security solutions that are simple to implement and maintain, yet provide impeccable network defense.
Cynamics' next-generation approach collects less than 1% of the network traffic and uses patented AI technology to infer about the 100% accurately. This solution which provides full network coverage, visibility, and threat prediction, is hardware-free, and can be deployed in any network size and architecture (on-prem, cloud-native, or hybrid), has been attracting interest from customers and decision-makers, a trend that has been recognized by TAG Cyber as well.
"We were introduced to Cynamics by a prestigious customer who was looking for our review on the company. We immediately felt that they have something special that fulfills a real evolving need. I foresee a great future for Cynamics" said Dr. Ed Amoroso, CEO of TAG Cyber. "Based on their patented AI technology, they created an all-around NDR solution that addresses an important customer need״.
Eyal Elyashiv, co-founder and CEO of Cynamics, commented, "We are honored to be included as a TAG Cyber Distinguished Vendor. Cynamics has distinguished itself from day one with its disruptive yet intuitive AI-based technology. In today's atmosphere of increasingly sophisticated cyber-attacks that know no moral boundaries, we are happy to be able to provide a scalable, essentially impeccably performing full network visibility solution to businesses and organizations of all sizes. No one should have to suffer the consequences of irresponsible use of cloud data."
Cynamics is a premium Next Generation (NG) Network Detection and Response (NDR) solution built for MSPs, MSSPs, and companies of all sizes. It's tremendously simple for clients to implement and manage, provides threat detection and total network visibility at a fraction of the cost of comparably effective solutions.
TAG Cyber is a trusted cyber security research analyst firm, providing unbiased industry insights and recommendations to security solution providers and Fortune 100 enterprises. Founded in 2016 by Dr. Edward Amoroso, former SVP/CSO of AT&T, the company bucks the trend of pay-for-play research by offering in-depth research, market analysis, consulting, and personalized content based on hundreds of engagements with clients and non-clients alike—all from a former practitioner perspective.
Press Contact:
sivans@cynamics.ai
+16177759404
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SOURCE Cynamics | https://www.mysuncoast.com/prnewswire/2022/07/12/cynamics-was-named-distinguished-vendor-by-tag-cyber/ | 2022-07-12T22:06:18Z |
Bobcat chasing a cat bursts into a home and attacks an elderly man, police say
WINDSOR, Vt. (WCAX/Gray News) - A bizarre incident played out in Vermont Friday when a bobcat was trapped in a home after attacking one of the residents.
“We received a report from a resident that they had what they believed was a bobcat trapped inside of a bathroom,” Windsor Police Chief Jennifer Frank said.
The image of a wild bobcat lying on a bathroom floor is not something you see everyday. Officials told WCAX the animal burst into the home through an open door Friday morning.
“It was a very lean bobcat, and we believe that it did chase a cat into the residence and that is when it came in contact with the individuals who lived there,” Frank said.
Police say an elderly man in the house was bitten and or scratched by the animal before he was able to trap it in the bathroom. The resident, who has not been identified, was taken to the hospital for evaluation. Vermont Fish and Wildlife officials were called to the scene, and the bobcat was euthanized.
“This is a very rare and unusual circumstance. In fact, I’ve never seen this happen before in my career, where it gained entry into someone’s home and then made contact with a person,” Frank said.”This just happened to be an unusual set of circumstances. There were also people working next door cutting down some trees, and that may have had an impact as well on its habitat.”
The animal will be tested for rabies and other pathogens. The Vermont Fish and Wildlife Department is leading that investigation.
Copyright 2022 WCAX via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/05/15/bobcat-chasing-cat-bursts-into-home-attacks-an-elderly-man-police-say/ | 2022-05-15T16:14:52Z |
Warriors welcome back coach Steve Kerr from COVID protocols
By JANIE McCAULEY
AP Sports Writer
SAN FRANCISCO (AP) — Steve Kerr is out of the NBA health and safety protocols and preparing to coach the Golden State Warriors in the Western Conference finals after missing the last three games of the semifinal round against Memphis with COVID-19. Kerr said his symptoms were mild with a cough and congestion but his biggest concern was not to get anyone around him sick. He departed less than two hours before tipoff of Game 4 last Monday against the Grizzlies after arriving at Chase Center and testing positive. | https://localnews8.com/sports/ap-national-sports/2022/05/15/warriors-welcome-back-coach-steve-kerr-from-covid-protocols/ | 2022-05-15T23:11:09Z |
SEATTLE, Aug. 17, 2022 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) announced today its board of directors approved a quarterly dividend of 19 cents per share payable on September 14, 2022, to shareholders of record at the close of business on August 30, 2022.
At Nordstrom, Inc. (NYSE: JWN), we exist to help our customers feel good and look their best. Since starting as a shoe store in 1901, how to best serve customers has been at the center of every decision we make. This heritage of service is the foundation we're building on as we provide convenience and true connection for our customers. Our digital-first platform enables us to serve customers when, where and how they want to shop – whether that's in-store at more than 350 Nordstrom, Nordstrom Local and Nordstrom Rack locations or digitally through our Nordstrom and Rack apps and websites. Through it all, we remain committed to leaving the world better than we found it.
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SOURCE Nordstrom, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/17/nordstrom-board-directors-approves-quarterly-dividend/ | 2022-08-17T21:20:32Z |
WASHINGTON (AP) — The United States has removed five extremist groups, all believed to be defunct, from its list of foreign terrorist organizations. In notices published in the Federal Register on Friday, the State Department said it had removed the groups after a mandatory five-year review of their designations.
Al-Qaida, which was also up for review, was kept on the list, which was created under the federal Immigration and Nationality Act, or INA.
“Our review of these five FTO designations determined that, as defined by the INA the five organizations are no longer engaged in terrorism or terrorist activity and do not retain the capability and intent to do so,” the State Department said in a statement. “Therefore, as required by the INA, these FTO designations are being revoked.”
Several of the removed groups once posed significant threats, killing hundreds if not thousands of people across Asia, Europe and the Middle East. The decision was politically sensitive for the Biden administration and the countries in which the organizations operated. It may draw criticism from victims and their families.
The organizations removed are the Basque separatist group ETA , the Japanese cult Aum Shinrikyo, the radical Jewish group Kahane Kach and two Islamic groups that have been active in Israel, the Palestinian territories and Egypt.
“These actions are intended to reflect the United States’ resolve to comply with legal requirements to review and revoke FTO designations when the facts compel such action,” the State Department said. “These revocations do not seek to overlook or excuse the terrorist acts each of these groups previously engaged in or the harm the organizations caused its victims, but rather recognize the success Egypt, Israel, Japan, and Spain have had in defusing the threat of terrorism by these groups.”
The AP reported on Sunday that the removals would be coming this week, based on notifications sent to Congress on May 13.
Removing the groups from the list has the immediate effect of rescinding a range of sanctions that the designations had entailed. Those include asset freezes and travel bans as well as a prohibition on any Americans providing the groups or their members with any material support. In the past the material support provision has been broadly defined to encompass money or in-kind assistance, in some cases even medical care.
All but one of the five groups was first designated a foreign terrorist organization in 1997 and have remained on the list for the past 25 years.
The groups removed from the list are:
— Aum Shinrikyo (AUM), the Japanese “Supreme Truth” cult that carried out the deadly sarin gas attack on the Tokyo subway in 1995 that killed 13 people and sickened hundreds more. The group has been considered largely defunct since the executions of its top echelons, including leader Shoko Asahara, in 2018. It was designated a foreign terrorist organization in 1997.
— Basque Fatherland and Liberty, or ETA, which ran a separatist campaign of bombings and assassinations in northern Spain and elsewhere for decades that killed more than 800 people and wounded thousands more, until declaring a cease-fire in 2010 and disbanding after the arrests and trials of its last leaders in 2018. It was designated a foreign terrorist organization in 1997.
— Kahane Chai, or Kach. The radical Orthodox Jewish group was founded by ultranationalist Israeli Rabbi Meir Kahane in 1971. He led the group until his assassination in 1990. Members of the group have killed, attacked or otherwise threatened or harassed Arabs, Palestinians and Israeli government officials, but the organization has been dormant since 2005. The group was first designated in 1997.
— The Mujahidin Shura Council in the Environs of Jerusalem, an umbrella group of several jihadist organizations based in Gaza that has claimed responsibility for numerous rocket and other attacks on Israel since its founding in 2012. The council was first designated in 2014.
— Gama’a al-Islamiyya, or Islamic Group–IG, an Egyptian Sunni Islamist movement that fought to topple Egypt’s government during the 1990s. It conducted hundreds of deadly attacks against the police and security forces as well as tourists. The group was first designated in 1997. | https://cw33.com/news/politics/ap-politics/us-removes-5-groups-from-terror-blacklist-retains-al-qaida/ | 2022-05-21T17:04:30Z |
(Motor Authority) — The 2023 Ford F-150 Lightning gets a range boost for a second model year, but also a big price increase. Ford revealed Tuesday that it’s raising the base price by $7,000.
The EPA-estimated range for the fleet-oriented F-150 Lightning Pro increases from 230 miles to 240 miles with the standard 98-kWh battery pack, while the price increases from $39,974 to $46,974, excluding destination charges that haven’t been announced yet (expect a $100 increase to $1,795). Ford gave a similar excuse to explain the 17.5% price increase.
“Due to significant material cost increases and other factors, Ford has adjusted MSRP starting with the opening of the next wave of F-150 Lightning orders,” the automaker said in a press release.
Ford said it has honored the original MSRP for all customer orders to date, adding that reservation holders who received an invitation to order but instead extended their reservation because their desired configuration was unavailable will receive a private offer.
“Current order holders awaiting delivery are not impacted by these price adjustments,” Marin Gjaja, chief customer officer for EV-focused Ford’s Model E-business unit, said in a statement. “We’ve announced pricing ahead of re-opening order banks so our reservation holders can make an informed decision about ordering a Lightning.” Those order books reopen Thursday.
Other automakers have raised EV prices recently. Starting June 1, Lucid raised Air sedan prices by $15,000 but honored all 30,000 reservations of customers who had locked in a price prior to that date. Tesla has raised prices across its lineup multiple times this year. Following a March price hike for existing R1T pickup truck reservation holders, Rivian faced a swift backlash that prompted the company to walk back price increases for current reservations.
The trend isn’t universal, though. General Motors cut the base price of the 2023 Chevrolet Bolt EV and Bolt EUV by $6,000 and $6,300, respectively, presumably to make room for the 2024 Chevrolet Equinox EV, expected to start just above the Bolt EV and EUV at around $30,000.
Ford didn’t disclose if the F-150 Lightning Pro would be made available to general consumers, not just fleet buyers as it has been since launch. The standard-range battery can be had on the Pro, XLT ($59,474), and Lariat ($74,474) trims. XLT and Lariat prices increase by $6,500 and $7,000, respectively.
Prices also increase for models with the 131-kWh extended-range battery pack, but the 320-mile range estimate remains the same. The XLT High increases $8,500 to $80,974, the Lariat increases to $85,974, and the Platinum increases $6,000 to $96,874.
The 2023 F-150 Lightning Pro can be had in two new colors (Avalanche and Azure Gray metallic), and can now be equipped with Ford’s Pro Trailer Hitch Assist which controls the steering, braking, and throttle when hooking up a trailer. A police-ready Special Service Vehicle package was announced at the end of July. | https://cw33.com/automotive/2023-ford-f-150-lightning-brings-slightly-more-range-for-lots-more-money/ | 2022-08-18T04:38:50Z |
Evelyn Dilsaver, member of multiple boards and Protiviti Advisory Board member, honored on Directors list
MENLO PARK, Calif., June 20, 2022 /PRNewswire/ -- Joseph Tarantino, president and CEO of global consulting firm Protiviti, and Frank Kurre, managing director and Global Account Management leader with Protiviti, have been named to the NACD (National Association of Corporate Directors) 2022 Directorship 100™ list, in the Governance Professionals and Institutions category. The NACD list recognizes the most influential directors and leaders in the corporate governance community who have demonstrated excellence in the boardroom through innovation, courage and integrity.
"Strong corporate governance is a critical component of an organization's success, especially in a challenging business environment," said Tarantino. "We're pleased to assist our clients with their ESG strategic planning, including helping them set the right policies, establish internal controls, determine the best tools and processes, and define internal roles and responsibilities, resulting in reporting that's consistent, compliant, integrated and impactful."
A founding member of Protiviti in 2002, Tarantino has served as president and CEO of the firm since 2007. He has more than 40 years of experience working with a broad range of organizations to enhance their business performance through risk management, operational effectiveness and enhanced governance. Tarantino has been recognized four times by Glassdoor as one of its Top CEOs, among several other accolades. A dedicated community leader, he is currently a member of the board of trustees and chair of the audit committee at St. John's University and serves on the board and finance committee for Calvary Hospital in the Bronx, New York. As a CEO committed to advancing diversity and inclusion in the workplace, Tarantino is a signatory of the CEO Action for Diversity & Inclusion™ and the Catalyst CEO Champions for Change.
"It's an honor for us to be recognized with the other corporate governance leaders on the Directorship 100 list," said Protiviti's Kurre. "Helping the boards and audit committees of business, academic and non-profit organizations is one of the most fulfilling aspects of my career."
Kurre is responsible for Protiviti's strategy and programs relating to boardroom and C-suite engagement and works closely with the firm's executive team. He is also a senior advisor to Protiviti's Global Public Sector practice and leads its global alumni program. During his career, Kurre has advised more than 200 boards, including many Fortune 1000 companies and Russell 1000 and Russell 2000 public companies, on board governance, finance, financial reporting, internal audit, leadership development, risk management and strategic planning. He currently serves as the chairman of the board of advisors for the Tobin College of Business at St. John's University, as well as serving on the board of directors and as chairman of the compliance and audit committee of Catholic Health, a major healthcare system on Long Island, New York.
Additionally, Protiviti advisory board member Evelyn Dilsaver has been named to the 2022 NACD Directorship 100 list for Directors. The 2022 Directorship 100 honorees will be celebrated at an awards gala hosted by the NACD on June 22 in New York City.
Protiviti (www.protiviti.com) is a global consulting firm that delivers deep expertise, objective insights, a tailored approach and unparalleled collaboration to help leaders confidently face the future. Protiviti and its independent and locally owned Member Firms provide clients with consulting and managed solutions in finance, technology, operations, data, digital, legal, governance, risk and internal audit through its network of more than 85 offices in over 25 countries.
Named to the 2022 Fortune 100 Best Companies to Work For® list, Protiviti has served more than 80 percent of Fortune 100 and nearly 80 percent of Fortune 500 companies. The firm also works with smaller, growing companies, including those looking to go public, as well as with government agencies. Protiviti is a wholly owned subsidiary of Robert Half (NYSE: RHI). Founded in 1948, Robert Half is a member of the S&P 500 index.
All referenced marks are the property of their respective owners.
Protiviti is not licensed or registered as a public accounting firm and does not issue opinions on financial statements or offer attestation services.
Editor's note: photos available upon request.
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SOURCE Protiviti | https://www.kxii.com/prnewswire/2022/06/20/protiviti-ceo-joseph-tarantino-managing-director-frank-kurre-named-2022-nacd-directorship-100-list/ | 2022-06-20T16:34:44Z |
RA'ANANA, Israel, June 21, 2022 /PRNewswire/ -- Apowiser, an early-stage Israeli start-up that has developed PharmAssist, a chatbot-based system to support customers in the online purchase of Over-the-Counter (OTC) drugs announced today a $1.5 million seed funding round led by Longliv Ventures, a member of CK Hutchinson Holdings Limited.
Co-founded in 2021 by Prof. Eyal Schwartzberg, the former Head of Pharmaceutical & Enforcement Divisions of the Israeli Ministry of Health, the Company's offering is a timely response to the needs of consumers and suppliers, given the consistent growth in global sales of OTC drugs and the recent surge in online sales of OTC drugs, vitamins and other food supplements.
Apowiser's proprietary system, PharmAssist, is a novel digital online platform that assists consumers when they look to treat themselves with OTC medications. It allows consumers in a quick and discreet manner, to learn more about their condition, identify issues that should be escalated to a healthcare provider, check for allergies and potential sensitivities to ingredients of OTC medications, and purchase an appropriate OTC product. PharmAssist is a sophisticated system that is based on published medication data and a deep understanding of the practices of pharmacists. The current platform covers more than 600 OTC drugs & complimentary products, enabling treatment for more than 40 healthcare scenarios.
"The availability of OTC drugs has empowered consumers around the world take care of a large variety of mild medical conditions", explained Prof. Schwartzberg, Chief Science Officer and Chairperson of Apowiser. "This however has surfaced the need to find new ways to provide the essential information to enable the consumer to make the right choices. PharmAssist quickly and discreetly assists consumers in choosing a suitable OTC drug out of a large offering, while helping them to take into consideration any related medical condition".
"With the advent of online sales of OTC medications, Apowiser's offering has proven to be an essential tool for both consumers and pharmacies", said Dr. Dan Eldar, Executive Director of Longliv Ventures. "We are delighted to support Apowiser as it embarks on the journey to empower consumers around the globe to make informed choices regarding their health and well-being." Dr. Eldar, joined the board of directors of Apowiser upon completion of the investment.
PharmAssist is already in use by Super-Pharm, Israel's largest drugstore chain, operating more than 280 branches across the country with an accompanying strong online presence. "Super-Pharm sees a major increase in conversion rates in sessions where PharmAssist is used", said Michael Mitrani, VP E-commerce and Marketing at Super-Pharm online and member of the management board at Super-Pharm. "These excellent results testify to the considerable added value to our customers as they seek remedy among the wide range of OTC medications offered by Super-Pharm".
For additional information visit www.apowiser.com
About Longliv Ventures:
Longliv Ventures L.P. ("Longliv Ventures"), a member of CK Hutchison Holdings Group Limited. ("CKHH"), is a consumer-oriented digital health fund that focuses on investments in early stage ventures that seek to address significant health and wellness issues capable of producing global impact. CKHH has a pivotal role in healthcare through its A.S. Watson Division, the world's largest international Health and Beauty retailer with over 16,400 stores in 29 markets in Europe and Asia. Among its world-renowned brands are Superdrug, Rossmann, Kruidvat and Watsons.
For further details about Longliv Ventures, please refer to www.longliv-ventures.com
Contact:
Eyal Schwartzberg
eyal@apowiser.com
Video - https://www.youtube.com/watch?v=mSRHT1xkzzg
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SOURCE Apowiser | https://www.kxii.com/prnewswire/2022/06/21/apowiser-raises-15m-seed-funding-longliv-ventures-member-ck-hutchison-holdings-expand-global-reach-its-novel-digital-platform-that-empowers-consumers-make-informed-choices-when-selecting-over-the-counter-medications/ | 2022-06-21T12:20:31Z |
- Temasek commits an initial amount of S$5 billion to establish GenZero, an investment platform company that aims to accelerate decarbonisation, for future generations towards a net zero world
- GenZero will invest globally across three focus areas: technology-based solutions, nature-based solutions, and carbon ecosystem enablers
- GenZero seeks to deliver positive climate impact alongside long-term sustainable financial returns
SINGAPORE, June 6, 2022 /PRNewswire/ -- Temasek today announced the launch of GenZero, a wholly-owned investment platform company dedicated to accelerating decarbonisation globally.
The climate crisis is intensifying and the latest report by the Intergovernmental Panel on Climate Change has warned that the world is not on track to limit global temperature rise to 1.5 degrees Celsius above pre-industrial levels. There is an urgent need to accelerate decarbonisation across all sectors to avoid irreversible damage to the planet by reducing global carbon emissions and address the emissions gap, which is estimated between 19 and 26 gigatonnes of carbon in 2030 for a 1.5 degrees Celsius scenario[1].
GenZero looks to catalyse decarbonisation solutions with its ability to deploy long-term and flexible capital. It invests in opportunities ranging from early-stage companies and solutions that require patient capital to commercialise and grow, to more mature ones that are ready to scale.
It has three investment focus areas: (i) technology-based solutions that deliver deep decarbonisation impact through climate-driven technologies; (ii) nature-based solutions that help protect and restore our natural ecosystems to generate climate impact while benefiting local communities and biodiversity; (iii) carbon ecosystem enablers which refer to companies and solutions that support the development of an effective, efficient, and credible carbon ecosystem.
Together, these focus areas present a holistic and integrated approach to address the emissions gap, with solutions across both the near- and longer-term horizons. GenZero seeks to deliver positive climate impact alongside long-term sustainable financial returns
Commenting on its establishment, Dr Steve Howard, Chief Sustainability Officer, Temasek International, said "GenZero expands Temasek's focus on deploying capital to catalyse solutions for a better world. Achieving net zero globally will require deployment of around US$5 trillion annually by 2030[2], to rapidly adopt and commercialise sustainable energy solutions. Its flexible approach will enable it to catalyse near- and long-term solutions to support ongoing efforts to achieve net zero globally. GenZero will not only support Temasek's efforts as we strive towards halving our portfolio's net emissions by 2030 and working towards a net zero portfolio by 2050, but also those of the wider ecosystem."
GenZero will be managed by a dedicated team of professionals with deep expertise in the investment and sustainability space, led by its CEO-designate, Frederick Teo, who is currently the Managing Director of Sustainable Solutions at Temasek International. Mr Teo has served nearly 12 years in Temasek in leadership positions across a broad range of roles such as sustainability, portfolio management, business continuity and strategic stakeholder engagement. He will fully transition to his role at GenZero on 1 July 2022.
"GenZero is driven by the common purpose to decarbonise for future generations. Recognising the importance of immediate action, we will focus on investment opportunities that can deliver positive climate impact by 2030 while ensuring sustainable financial returns. Besides deploying capital, we will work with our investee companies to address operational challenges and accelerate the deployment of their solutions to achieve our shared net zero target," said Frederick Teo, CEO-designate, GenZero.
Investing ahead in technology-based solutions
While many decarbonisation technologies and innovations currently exist, they require capital to further advance commercial viability and deployment to scale. GenZero will invest in carbon reduction and carbon removal technologies such as low-carbon materials, Carbon Capture, Utilisation and Sequestration (CCUS), and advanced biofuels such as Sustainable Aviation Fuel (SAF). These opportunities will help deliver fundamental decarbonisation impact in sectors such as power and energy, transport and building, industry and manufacturing.
GenZero has invested in Newlight, a US-based manufacturer of biomaterial produced from methane to displace plastics. Through a joint investment with C-Quest Capital, GenZero is funding deployment of clean, energy efficient cookstoves to rural households in Southeast Asia to reduce carbon emissions. GenZero will also invest with third-party funds to expand its networks and collaborate with like-minded partners. It is currently working with Decarbonization Partners, a Temasek-BlackRock partnership launching a series of funds that focus on late-stage venture capital and early growth private equity decarbonisation solutions investments; and Brookfield Global Transition Fund, which aims to accelerate the global transition to a net zero carbon economy by targeting investment opportunities relating to reducing emissions and energy consumption, as well as increasing low-carbon energy capacity and supporting sustainable solutions.
Protecting and restoring natural ecosystems with nature-based solutions
Nature-based solutions are climate solutions such as the protection, restoration, and management of natural ecosystems to avoid, reduce, or remove carbon emissions, while empowering local communities and enhancing biodiversity. They are a crucial factor in climate action as they can provide over one-third[3] of cost-effective climate mitigation needed to achieve net zero emissions by 2050. Yet, less than 3% of global climate finance is going into supporting nature-based solutions[4], signalling a clear mismatch between its climate mitigation potential and the investments towards that potential.
GenZero will support and scale the deployment of nature-based solutions through investments and project co-development with partners in forestry and agriculture sectors, and leverage carbon credits as a market mechanism to accelerate funding into these solutions.
GenZero has partnered with Global EverGreening Alliance to support farming communities in Kenya to improve their livelihoods through land restoration and tree planting. It has also invested in the New Forests Tropical Asia Forest Fund 2, which aims to develop a diversified portfolio of sustainable forest plantation assets in Southeast Asia and support the region's transition towards responsible forestry management.
Building an effective and credible carbon ecosystem
Carbon markets can play a critical part in delivering real emissions reduction and driving climate ambition, but only when it is done right. An effective and trusted carbon market will help accelerate decarbonisation by providing a mechanism to fund decarbonisation technologies and projects; while a credible ecosystem and market will be critical to enhance transparency and confidence.
To support this, GenZero will invest in carbon ecosystem enablers including areas such as climate advisory services, carbon trading infrastructure, Monitoring, Reporting & Verification (MRV) technologies and rating providers.
GenZero has invested in global climate solutions firm South Pole, which develops and implements emission reduction projects and strategies for companies, governments and organisations around the world. GenZero is also working with Climate Impact X, a global carbon marketplace and exchange, which aims to establish a credible carbon trading infrastructure based in Asia. In addition, GenZero has made an investment in Perennial, a US-based early-stage start-up using artificial intelligence and remote sensing to accurately quantify soil organic carbon sequestration on agricultural lands.
Operational governance
GenZero is also pleased to announce the formation of its Board of Directors, which brings together experienced leaders with collective expertise spanning sustainability, finance, energy and technology, and nature-related sectors. The Board will be chaired by Mr Sunny Verghese, Co-founder & Group CEO of Olam, and former Chairman of the World Business Council for Sustainable Development.
Members of the Board also include Ms Goh Swee Chen, President, Global Compact Network Singapore; Dr Steve Howard, Chief Sustainability Officer, Temasek International; Dr Ruth Nussbaum, Group Director, Proforest; and Mr Alan Thompson, Operating Partner, Temasek International.
About GenZero
GenZero is an investment platform company that aims to accelerate decarbonisation, for future generations towards a net zero world. Wholly-owned by Temasek, GenZero has a flexible investment approach and will invest globally across three focus areas: technology-based solutions, nature-based solutions as well as carbon ecosystem enablers. GenZero seeks to deliver positive climate impact alongside long-term sustainable financial returns.
For more information on GenZero, visit www.genzero.co.
About Temasek
Temasek is a global investment company with a net portfolio valued at S$381 billion (US$283 billion) as of 31 March 2021. The Temasek Charter defines the company's three roles as an Investor, Institution and Steward, which shape our ethos to do well, do right, and do good. As a provider of catalytic capital, we seek to enable solutions to key global challenges. With sustainability at the core of all Temasek does, it actively seeks sustainable solutions to address present and future challenges, as it captures investible opportunities to bring about a sustainable future for all.
Appendix
Sunny George VERGHESE
Sunny is the Co-founder & Group CEO of Olam, a leading food and agri-business, headquartered in Singapore and ranks amongst the top 30 companies in terms of market capitalisation on the Singapore Exchange.
From 2018 to 2021, Sunny was Chair of the World Business Council for Sustainable Development (WBCSD). He also served as a Commissioner of the Business & Sustainable Development Commission (BSDC) in 2016. He served on the Board of International Enterprise Singapore from 2002 to 2013 and was its Chair from 2008 to 2013.
In April 2022, Sunny was appointed as Chairman of GenZero, an investment platform company, wholly-owned by Temasek, dedicated to accelerating decarbonisation globally. He is also currently Chairman of the Board of the Human Capital Leadership Institute (HCLI), Singapore, Chairman of JOil (S) Pte Ltd and also serves on the Board of Trustees of Singapore Management University.
Sunny was conferred The Public Service Medal by the Government of Singapore in August 2010.
He holds a post graduate management degree from the Indian Institute of Management Ahmedabad (IIMA) and has also completed the Advanced Management Program (AMP) from the Harvard Business School.
GOH Swee Chen
Swee Chen is currently the Chairman at the National Arts Council, and the Chairman of Nanyang Technological University (NTU). In addition, she is the President of Global Compact Network Singapore, a UNGC Local Network, and also chairs the Institute HR Professionals. She joined Shell in 2003 and retired as Chairman, Shell Companies in Singapore in January 2019. She was previously with Procter & Gamble and IBM. A global leader, she has lived and worked in Singapore, Malaysia, Netherlands, Australia, USA, Japan and China. Swee Chen has a diverse professional background, having led significant businesses in Oil & Gas, Consumer Goods and IT sectors.
Swee Chen serves on the Boards of Singapore Airlines, SP Group, JTC Corporation, Woodside Petroleum (Australia) and Resilience Collective. She is also a member of the Legal Services Commission, Singapore Research, Innovation and Enterprise Council and Centre for Liveable Cities Advisory Panel. Swee Chen had previously chaired/served in the Boards of Shell Joint Ventures in China, Korea and Saudi Arabia, as well as CapitaLand Investment and Centre for Liveable Cities Ltd.
Swee Chen graduated with B.Sc. - Victoria University and MBA - Chicago Booth, University of Chicago. She was named Distinguished Alumni, Chicago Booth, in 2018. She is married with three children.
Dr Steve HOWARD
Steve is currently the Chief Sustainability Officer of at Temasek. He is also Founding Chair of the We Mean Business Coalition and a member of the LeapFrog's Global Leadership Council. In addition, Steve is on the Administrative Board of SEforALL, and until recently was Co-Chair of the World Economic Forum's Global Future Council on Environmental and Natural Resource Security.
Steve was Chief Sustainability Officer at IKEA Group and served on IKEA's Executive Group Management from 2011-2017. In 2015, Steve co-founded We Mean Business, a leading climate change coalition of organisations that helped support the Paris Agreement. Prior to IKEA, Steve was Founder and CEO of The Climate Group, a global NGO that has built networks of cities, states, regions, and businesses committed to a net-zero carbon world. Before the Climate Group, Steve consulted on sustainability for major corporations and institutions, working as a partner at ERM Group in London and a Director at URS Corporation. He has worked with various NGOs and UN bodies on a wide range of global sustainability topics. Earlier in his career, Steve worked in WWF, where he established the Global Forest and Trade Network, chaired the UK Forest Stewardship Council and helped launch and chair The Forest Trust.
Steve is trained as an ecologist and has a PhD in Ecophysiology and Environmental Physics based on research in Kenya.
Dr Ruth NUSSBAUM
Ruth has been working with responsible production and sourcing of natural resources for more than two decades and was a co-founder of Proforest.
Ruth has worked with companies, governments and NGOs in more than 40 countries on the practical implementation of responsible practices, supporting collaboration between different stakeholders, developing international and national policies and standards, and writing a range of guides and books.
Ruth sits on the board of the Climate and Land Use Alliance and the Sustainable Sourcing Advisory Board of Unilever. She is also a member of advisory groups for IDH, TFA, ISEAL and APRIL.
Alan THOMPSON
Alan is currently an Operating Partner at Temasek International. Prior to that he was Joint Head of Strategic Development. Alan was previously Senior Managing Director of the Enterprise Development Group, Joint Head of Private Equity Fund Investments and Managing Director, Portfolio Management, and Managing Director, Telecommunications and Media. He was also based in Sao Paulo for several years as Managing Director, Latin America while he established Temasek's offices in Latin America.
Prior to joining Temasek in 2004, he was a Partner at Stern Stewart & Co, where he led numerous client engagements on managing for shareholder value across a wide range of industries in Southeast Asia, Australia and South Africa.
Mr Thompson previously worked in the private equity fund of a large banking group in South Africa, and had ten years of operational experience in the high-tech sector in South Africa, spanning software engineering, systems engineering and executive management roles.
He holds an MBA, a Graduate Diploma in Engineering and a B.Sc. Engineering (Electrical) degree, from the University of the Witwatersrand in Johannesburg, South Africa.
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SOURCE Temasek | https://www.wibw.com/prnewswire/2022/06/06/temasek-launches-genzero-an-investment-platform-company-aimed-accelerating-decarbonisation-globally/ | 2022-06-06T04:26:54Z |
KYIV, Ukraine (AP) — Russia’s defense minister said Russian forces took control Sunday of the last major Ukrainian-held city in Ukraine’s Luhansk province, bringing Moscow closer to its stated goal of seizing all of Ukraine’s Donbas region.
Defense Minister Sergei Shoigu told President Vladimir Putin that Russia’s troops together with members of a local separatist militia “have established full control over the city of Lysychansk,” a ministry statement said.
Taking Lysychansk constitutes “the liberation of the Luhansk People’s Republic,” one of two separatist regions in Ukraine that Russia recognizes as sovereign, the statement said.
Ukrainian fighters spent weeks trying to defend Lysychansk and to keep it from falling to Russia, as neighboring Sievierodonetsk did a week ago. A presidential adviser predicted late Saturday that the city’s fate could be determined within days.
Ukrainian officials did not immediately provide an update on its status.
Earlier Sunday, Luhansk’s governor said Russian forces were strengthening their positions in a grueling fight to capture the last stronghold of resistance in the province.
“The occupiers threw all their forces on Lysychansk. They attacked the city with incomprehensibly cruel tactics,” Luhansk governor Serhiy Haidai said on the Telegram messaging app. “They suffer significant losses, but stubbornly advance. They are gaining a foothold in the city.”
A river separates Lysychansk from Sievierodonetsk. Oleksiy Arestovych, an adviser to the Ukrainian president, said during an online interview late Saturday that Russian forces had managed for the first time to cross the river from the north, creating a “threatening” situation.
Arestovych said they had not reached the center of the city but that the course of the fighting indicated the battle for Lysychansk would be decided by Monday.
Luhansk and neighboring Donetsk are the two provinces that make up the Donbas, where Russia has focused its offensive since pulling back from northern Ukraine and the capital, Kyiv, in the spring.
Pro-Russia separatists have held portions of both eastern provinces since 2014, and Moscow recognizes all of Luhansk and Donetsk as sovereign republics. Syria’s government said Wednesday that it would also recognize the “independence and sovereignty” of the two areas.
An occupation of Lysychansk would open the way for the Russians to move west into Donetsk province, where the sizable Ukrainian-held city of Slovyansk has come under rocket attacks several times since Russia invaded Ukraine on Feb. 24.
Elsewhere in the war, the exiled mayor of the Russia-occupied city of Melitopol said Sunday that Ukrainian rockets destroyed one of four Russian military bases in the city.
The Russian Defense Ministry said Ukraine also launched missile and drone attacks in western Russia, on the cities of Kursk and Belgorod, but that the aerial weapons were shot down. Kursk regional governor Roman Starovoit said the town of Tetkino, on the Ukraine border, came under mortar fire.
The leader of neighboring Belarus, a Russian ally, claimed Saturday that Ukraine fired missiles at military targets on Belarusian territory several days ago but all were intercepted by an air defense system. President Alexander Lukashenko described the alleged strike as a provocation and noted that no Belarusian soldiers were fighting in Ukraine.
There was no immediate response from the Ukrainian military.
Belarus hosts Russian military units and was used as a staging ground for Russia’s invasion. Last week, just hours before Lukashenko was to meet with Russian President Vladimir Putin, Russian long-range bombers fired missiles on Ukraine from Belarusian airspace for the first time.
Lukashenko has so far resisted efforts to draw his army into the war. But during their meeting, Putin announced that Russia planned to supply Belarus with the Iskander-M missile system and reminded Lukashenko that his government depends on economic support from Russia.
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Ebel reported from Prokovsk, Ukraine.
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Follow AP’s coverage of the Russia-Ukraine war at https://apnews.com/hub/russia-ukraine | https://cw33.com/news/international/ap-international/governor-russians-gaining-foothold-in-pivotal-ukraine-city/ | 2022-07-03T12:40:12Z |
Andrei Vasilevskiy has won a Vezina Trophy and two Stanley Cups with the Tampa Bay Lightning. Igor Shesterkin is a finalist for the Vezina this year as he leads the New York Rangers in their pursuit of their first championship since 1994 and second in 82 years.
The Russian goalies will be front and center as the two-time defending champion Lightning and never-say-die Rangers meet in the Eastern Conference finals, beginning Wednesday night at Madison Square Garden.
“I think it’s unanimous they’re the two best goalies in the league,” said Rangers forward Barclay Goodrow, who played for the Lightning during their championship runs the last two years.
Tampa Bay captain Steven Stamkos knows the attention going into the series will be on the men in goal.
“We know what we have in our guy,” Stamkos said. “(Shesterkin) had a tremendous year in New York. Great regular season, and he’s on a really good run right now. But I think for us, no matter what goaltender we’ve played over the past couple years it’s not the main focus, we have to go out there and play our best.”
Asked who he thought was better between the two goalies, Goodrow simply said: “I’ll take Shesty all day.”
Vasilevskiy has a league-best 188 wins over the last five seasons, including a 39-18-5 mark this season with a 2.49 goals-against average and .916 save percentage. He’s 8-3 in these playoffs, allowing just four goals on 185 shots over the last five games, and his 57 career playoff win ties him with Tuukka Rask for 17th on the all-time list.
“He’s the best goalie in the world right now,” Shesterkin said. “I think it will be a good battle.”
The 26-year-old Shesterkin was 36-13-4 with a 2.07 GAA and .935 save-percentage — both tops in the league — in his third season in the NHL. After struggling in Games 3 and 4 against Pittsburgh in the first round, he is 7-3 with a 2.09 GAA in the last 10 games.
“Great goalie, obviously a great season, a great regular season for him,” Vasilevskiy said. “Great challenge for us and for our team, but it’s not about one guy on the other side. It’s about the whole team, they’re pretty consistent, pretty complete team – offensively, defensively, good goalie. So great challenge for us.”
When asked how it feels to face a young Russian goalie, Vasilevskiy — who is finishing his eighth season in the NHL — noted their close age difference.
“I’m a young guy still,” said Vasilevskiy, who will turn 28 in July. “He’s like, what, just two years younger than me, so there’s not much difference. … Obviously I just have to step up and show him my best game.”
Both teams survived a seven-game matchup in first round — Tampa Bay outlasting Toronto and and the Rangers rallying from a 3-1 series hole to beat Pittsburgh. The Lightning then swept Florida while the Rangers again went seven games — coming back from 2-0 and 3-2 series deficits — to outlast Carolina to arrive at this matchup.
PAST HISTORY
The Rangers won all three meetings in the regular season, with the last coming more than two months ago.
“We played them well in the regular season, which means nothing,” Rangers coach Gerard Gallant said.
This is the team’s first postseason matchup since the 2015 conference finals, won by the Lightning in seven games. This is Tampa Bay’s fifth appearance in the semifinal round since, while the Rangers had only won one playoff series before this year.
“Our core is quite a bit the same, their team has changed over quite a bit, different coach,” Tampa Bay coach Jon Cooper said. “Two really good teams that have earned their way to this moment and it should be a fun series.”
LONG AND SHORT LAYOFFS
The Lightning have not played since finishing their sweep of Florida on May 23, giving them nine days between games. The Rangers have been playing every other day since the start of the playoffs, including the series-finale against the Hurricanes on Monday night.
Gallant wasn’t sure which scenario he preferred, but noted his team is thriving right now.
“I think our players like it,” he said. “You get ready for one game at a time, you don’t practice anymore, you just get ready for the games, prepare for the game. So hopefully it’s gonna be good for us. They had a lot of days. … I’ve had that in the past, too, and it definitely helps you get some some jump out of it. But also there’s a little rust in your game, too. So we’ll see what happens.”
LIGHTNING ON A RUN
The Lightning have won 10 consecutive playoff series, dating to the start of the 2020 playoffs in the bubble. They are the third franchise to win at least 10 straight series. Montreal did it twice — winning 13 in a row from 1976-80 and 10 from 1956-60. The New York Islanders hold the record, winning 19 straight — including four Stanley Cups — from 1980-83.
“We’re as hungry and desperate and willing to do whatever it takes at this point to try and keep this journey going,” Tampa Bay defenseman Ryan McDonagh said.
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AP Sports Writer Fred Goodall contributed to this report.
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Follow Vin Cherwoo at http://www.twitter.com/VinCherwooAP
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More AP NHL: https://apnews.com/hub/NHL and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/vasilevskiy-shesterkin-highlight-lightning-rangers-matchup/ | 2022-06-01T02:10:20Z |
BOSTON, June 1, 2022 /PRNewswire/ - The John Hancock Closed-End Funds listed in the table below announced earnings1 for the three months ended April 30, 2022. The same data for the comparable three month period ended April 30, 2021 is also available below.
1 Earnings refer to net investment income, which is comprised of the Fund's interest and dividend income, less expenses. Earnings presented represent past earnings and there is no guarantee of future results.
Amounts distributed by the Funds may vary from the earnings shown above and will be announced in separate press releases. Up-to-date distribution rate information is available on John Hancock Investment Management's web site at www.jhinvestments.com by clicking on "Closed-End Funds" under the "Daily Prices" tab.
Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund's control and could cause actual results to differ materially from those set forth in the forward-looking statements.
An investor should consider a Fund's investment objectives, risks, charges, and expenses carefully before investing.
About John Hancock Investment Management
A company of Manulife Investment Management, we serve investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship.
About Manulife Investment Management
Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 18 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We're committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.
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SOURCE John Hancock Investment Management | https://www.mysuncoast.com/prnewswire/2022/06/01/john-hancock-closed-end-funds-release-earnings-data/ | 2022-06-01T21:38:07Z |
Junior League’s ‘Stuff the Bus’ breaks previous records
TOPEKA, Kan. (WIBW) - The Junior League of Topeka is breaking prior records with the Boys and Girls Club of Topeka as both organizations help students gear up for school.
On Wednesday, the Junior League presented the Boys and Girls Club with 10,000 items collected through their ‘Stuff the Bus’ drive. Items such as water bottles, post-it notes, markers, and more.
However, Dawn McWilliams, the executive director of the Boys and Girls Club, said that the Junior League broke previous records Wednesday with how many items were collected.
“The Junior League of Topeka today has allowed us to break every prior record of school supplies donated,” said McWilliams. “Over $100,000 in school supplies has been provided as of today so we are very grateful to the Junior League of Topeka for making that possible.”
Amber Carlson, the Junior League of Topeka president, said that league members were happy to help.
“The last three years, organizations have needed that extra help and as a league our members have been very excited to be able to participate and help in any way that they can,” replied Carlson.
This is the third consecutive year the Junior League has hosted ‘Stuff the Bus’ for the Boys and Girls Club.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/10/junior-leagues-stuff-bus-breaks-previous-records/ | 2022-08-10T23:55:12Z |
President's Message: Home updates that bring the most value
So, you are thinking about putting your home on the market. There is much to think about and prepare for as you get ready to list your property. It can be stressful as you go through your checklist of what needs to be done. Decluttering, cleaning your house, and making necessary repairs are essential. But what about improvements and upgrades? Is it worth the time and money?
First things first, you should review your budget to see what you can afford for improvements and upgrades. Next, decide if the changes will add to your profit when the home sells or will you break even. It’s essential to stay within your budget and make improvements to add value to your home and money in your pocket at closing.
So, what do buyers look for when home shopping? Statistical information shows that buyers love upgraded bathrooms and kitchens. Upgraded doesn’t necessarily mean you have to spend a lot of money. Changes such as having the kitchen cabinets painted or installing a new light fixture in the bathroom can make a huge difference. Or adding a couple of fresh coats of paint in a neutral color can change the feel of a space. Keeping updates in line with current home decor styles will help make your home look more attractive to buyers. For sellers who have a bit of wiggle room in their budget, installing a new bathroom vanity or new kitchen countertops will definitely catch a buyer's attention.
So besides adding value and money in your pocket at closing, what is another benefit of doing upgrades and improvements to your home? It is reported that homes with updates sold 30% faster than homes without improvements. Even in today's market with low inventory, homes with upgrades spend less time on the market than those without. Below is a list of upgrades, their costs, and how they reduced the home's market time:
Kitchen cabinet repaint – Cost, $1,319; home sold 10 days faster
Kitchen countertop upgrade – Cost, $2,335; home sold 9 days faster
Backslash refresh – Cost, $641; home sold 9 days faster
Bathroom shower remodel – Cost, $1,043; home sold 9 days faster
Bathroom vanity upgrade; Cost, $1,100; home sold 8 days faster
New carpet – Cost, $2,486; home sold 7 days faster
New laminate flooring – Cost, $2,523; home sold 1 day faster
New paint-interior – Cost, $3,667; home sold 7 days faster
New paint-exterior – Cost, $3,307; home sold 6 days faster
Powerwash – Cost, $480; home sold 6 days faster
In conclusion, updates can not only add value and money to your pocket but can shorten the amount of time your home spends on the market.
Marlin Palich is president of Stark Trumbull Area Realtors, which serves Stark, Carroll and Trumbull counties. Visit www.star.realtor for a complete listing of Realtors and affiliate members. If you have any questions or comments on this article, contact Cosgrove at president@star.realtor. | https://www.cantonrep.com/story/news/2022/05/06/presidents-message-home-updates-bring-most-value/9620995002/ | 2022-05-06T10:38:09Z |
DALLAS (KDAF) — “The bees have been busy and there’s plenty of honey available now!” That’s an update from LocalHoneyFinder.org for the state of Texas.
September is National Honey Month and that means its time to get some of the sweetest gold on earth to help your food and drinks get the sweet treatment they deserve.
Here’s what NationalToday had to say about the national holiday, “Honey — it’s a sweet and delicious substance that adds great flavor to morning toast, creates decadent desserts, and even packs some serious nutritional benefits. This September, during National Honey Month, we are psyched to celebrate all the ways that honey enhances our lives. Find out exactly why we love this festive month, and learn key moments that have taken place during honey’s history.”
So, where in the world can you find the best local honey in the Lone Star State? Local Honey Finder has put together listings to find the best honey in all the major areas throughout Texas as well as a map to click specific cities.
For example, here are places around Dallas-Fort Worth to get the best local honey, according to this site:
- Boyd’s Honey and Bees in Collin County
- Mars Hill Farm in Dallas County
- Hidden Honey Farm in Ellis County
- Hummingbird Farm in Navarro County
All you have to do is click here to either find the best honey throughout major areas and even click on specific cities from the map the site provides. | https://cw33.com/news/texas/how-to-find-local-texas-honey-around-the-lone-star-state/ | 2022-09-07T16:16:59Z |
Virtual event draws thousands to urge Congress to improve access to care for people with lupus
WASHINGTON, June 30, 2022 /PRNewswire/ -- The Lupus Foundation of America's 2022 Digital Lupus Advocacy Summit, which took place June 27-29, united thousands of lupus advocates from across the country to learn from experts in the lupus field about the latest in lupus research, advocacy and care, and included advocating to members of Congress to join the fight against this terrible disease.
During hundreds of phone and video meetings, and within thousands of emails and social media messages, advocates urged members of Congress to support policies that will improve access to high-quality health care, including:
- The Safe Step Act (HR 2163/S 464), which would prohibit dangerous step therapy, or "fail first" policies, and allow people with lupus timely access to the medications prescribed by their doctor;
- The HELP Copays Act (HR 5801), legislation to ban so-called "co-pay accumulators" and allow the financial assistance many people receive to count towards their health plan's cost-sharing requirements, including their deductible
- Establishing an out-of-pocket cap and a smoothing mechanism in Medicare Part D to limit patient costs and allow them to spread costs over the course of the year.
Timely access to quality care, including the latest treatments for lupus, is critical for people living with the disease. Lupus patients and their physicians must have the ability to make decisions that meet their medical needs and are not dictated by policies that increase patient costs and limit choice. Insurance company tactics like step therapy and copay accumulator programs create needless delays and affordability concerns that can and do lead people with lupus to miss treatments, or worse, forgo treatment altogether. Affordability is similarly a concern in Medicare Part D, whose 48 million beneficiaries often face high costs without any out-of-pocket cap or the ability to spread high payments over the year.
Additionally, advocates emphasized to their members of Congress the importance of funding lupus research and education programs in fiscal year 2023.
Shannon Lee, who is living with lupus and serves as the Lupus Foundation of America Southern California Region Advocacy co-chair and is attending her fourth Summit shared, "Lupus impacts everyone differently. In order to improve our individual situations, we must actively participate in solutions that address the many challenges presented by this debilitating disease. The Foundation's Advocacy Summit provides us with the platform to learn, connect and advocate for ourselves, including advocating for support from our members of Congress. Our voices at the Summit can aid in improving care not only for ourselves, but for those yet to be diagnosed."
"The Lupus Foundation of America Digital Lupus Advocacy Summit brings together the largest gathering of people with lupus and provides them with an immersive experience where they can learn about new lupus treatments on the horizon as well as important resources and support services that can help them live a better life with lupus. The Summit also empowers each advocate to use their voice and reach out to their members of Congress to urge them to support policies that increase funding for lupus research and education programs, and improve access to high-quality healthcare," shared Stevan W. Gibson, president & CEO, Lupus Foundation of America.
In addition to the support of our donors and Board members for helping to make the 2022 Digital Lupus Advocacy Summit possible, we greatly appreciate the unrestricted grants from the following organizations: AstraZeneca, Aurinia Pharmaceuticals, Bristol Myers Squib, Exagen, Genentech, GlaxoSmithKline, Horizon Therapeutics, PhRMA.
Lupus is an unpredictable and misunderstood autoimmune disease that ravages different parts of the body. It is difficult to diagnose, hard to live with and a challenge to treat. Lupus is a cruel mystery because it is hidden from view and undefined, has a range of symptoms, strikes without warning, and has no known cause and no known cure. Its health effects can range from a skin rash to a heart attack. Lupus is debilitating and destructive and can be fatal, yet research on lupus remains underfunded relative to diseases of similar scope and devastation.
The Lupus Foundation of America is the national force devoted to solving the mystery of lupus, one of the world's cruelest, most unpredictable and devastating diseases, while giving caring support to those who suffer from its brutal impact. Through a comprehensive program of research, education, and advocacy, we lead the fight to improve the quality of life for all people affected by lupus. Learn more about the Lupus Foundation of America at lupus.org.
Media Contact
Mike Donnelly
donnelly@lupus.org
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SOURCE Lupus Foundation of America | https://www.mysuncoast.com/prnewswire/2022/06/30/lupus-advocates-across-country-make-an-impact-lupus-foundation-america-digital-lupus-advocacy-summit/ | 2022-06-30T14:38:49Z |
Targeting positive cash from operations to start during H2/22[1]
Focus on earlier achievement of operational profitability thanks to a recently implemented comprehensive cost reduction plan, with expected operational cost savings of approximately $50 million over the next 18 months
Continuous implementation of disciplined cost controls reduced Q1/22 cash used in operating activities by more than 70% to approximately $4 million, compared to approximately $15 million in Q4/21
Net revenues of $18.2 million in Q1/22; Cash balance[2] of $45 million as of March 31, 2022
Talicia® TRx up 12.8% over Q4/21 and Movantik® continues strong Q4/21 prescription performance
Amendment improves key covenants in the HCR Credit Agreement
Given encouraging data to date, opaganib and RHB-107 COVID-19 Phase 3-stage programs expected to be funded via external sources; Global and U.S. regulatory interactions ongoing
Management to host webcast today, at 08:30 a.m. EDT
TEL AVIV, Israel and RALEIGH, N.C., June 23, 2022 /PRNewswire/ -- RedHill Biopharma Ltd. (Nasdaq: RDHL) ("RedHill" or the "Company"), a specialty biopharmaceutical company, today reported its first quarter 2022 financial results and operational highlights, targeting positive cash from operations1 to start during H2/22 and recent implementation of a comprehensive cost reduction plan, expected to generate operational cost savings of approximately $50 million over the next 18 months.
Dror Ben-Asher, RedHill's Chief Executive Officer, said: "To address the current market realities and operating landscape, RedHill is being decisive about controlling its own destiny and is highly focused on achieving earlier profitability, targeting positive cash from operations to start during H2/221. Our comprehensive cost reduction plan is expected to generate operational cost savings of approximately $50 million over the next 18 months. The majority of these savings result from an approximately one-third reduction of the U.S. commercial team workforce, returning to pre-pandemic levels, streamlined operational expenditure including selling, general and administrative (SG&A) expenses and refining the Company's R&D strategy to rely mostly on external funding sources based on the promising clinical data generated to date. On behalf of RedHill and its Board of Directors, I would like to express my profound and respectful gratitude to the colleagues who are departing RedHill. We value and are extremely grateful for your immense contributions and dedication which enabled RedHill to build a first-class U.S. commercial organization and launch three innovative products that help patients in need. While difficult, the changes we have made as part of our cost reduction plan were necessary given the current realities."
Mr. Ben-Asher continued: "Improved financial stability resulting from cost savings, a commercial basket including three FDA-approved proprietary drugs, continued prescription growth and healthy sales, improved managed care coverage and the amended credit agreement with HCR, positions RedHill for further growth. To that end, RedHill is in non-binding discussions to acquire a synergetic U.S. FDA-approved, patented GI drug currently generating dozens of millions of dollars, which, if materialized, will help expedite and increase cash generation."
Micha Ben Chorin, Chief Financial Officer at RedHill, added: "RedHill's commercial team has further strengthened Movantik®'s share of the growing PAMORA class to approximately 74%, and Talicia®'s approximately 13% quarterly growth further consolidates its position as the leading U.S. brand for H. pylori eradication. The Company's disciplined cost control measures reduced Q1/22 cash used in operating activities by more than 70% to approximately $4 million, compared to approximately $15 million in Q4/21. Despite the challenging market conditions, RedHill is on its way to achieving company-wide positive cash from operations1 this year, and this, along with the envisaged growth drivers from the pipeline and potential acquisitions, could boost cash generation and further improve cash flow. We are confident that RedHill is well positioned for continuing growth."
Mr. Ben-Asher further remarked: "Turning to R&D, in reliance of promising clinical and other data we generated to date, we expect external funding for much of our promising R&D programs, through grants, industry partnerships and participation in platform studies. COVID-19, included in a broader category of 'pandemic preparedness', remains an area of high interest and need for novel oral therapeutics such as RedHill's candidates. Regulatory feedback on opaganib, supportive of a confirmatory study has provided a pathway to potential opaganib submissions for approval in COVID-19. Most recently, opaganib further exhibited its variant-agnostic credentials by demonstrating potent in vitro efficacy against Omicron, while also showing, in a separate study, potent in vitro inhibition of influenza A H1N1, adding to evidence of opaganib's broader antiviral potential and its promising applicability to 'pandemic preparedness'. Meanwhile, RedHill's 2nd COVID-19 therapeutic candidate, RHB-107, successfully met the Part A study primary outcome measure for its Phase 2/3-stage study in non-hospitalized COVID-19, showing, among other promising data, a 100% reduction in hospitalization due to COVID-19. Discussions are ongoing regarding potential external funding through grants, platform studies and other public, private and industry partnerships to support the opaganib and RHB-107 programs, as well as our ongoing Phase 3 study with RHB-204 for NTM disease."
Financial results for the quarter ended March 31, 2022 (Unaudited)[3]
Net Revenues for the first quarter of 2022 were $18.2 million, as compared to $22.1 million in the fourth quarter of 2021, the difference being attributable to typical cyclical trends in Movantik sales and increased gross to net deductions related mainly to increased formulary coverage.
Cost of Revenues for the first quarter of 2022 were $8.0 million, as compared to $19.3 million in the fourth quarter of 2021. The decrease was attributed to recognition of an approximately $9 million impairment related to the intangible asset of Aemcolo® for travelers' diarrhea in the previous quarter.
Gross Profit for the first quarter of 2022 was $10.2 million, as compared to $2.7 million in the fourth quarter of 2021. The increase was attributed to the impairment recognized in the previous quarter, as detailed above.
Research and Development Expenses for the first quarter of 2022 were $3.1 million, as compared to $5.9 million in the fourth quarter of 2021. The decrease was attributed to the ongoing optimization of R&D costs and completion of elements of the opaganib and RHB-107 development programs.
Selling, Marketing and General and Administrative Expenses for the first quarter of 2022 were $20.4 million, as compared to $17.6 million in the fourth quarter of 2021. The increase was mainly attributed to a one-off positive adjustment in quarter four of 2021 and expenses related to professional services and other related expenses in the first quarter of 2022.
Operating Loss for the first quarter of 2022 was $13.2 million, as compared to $20.7 million in the fourth quarter of 2021. The decrease was mainly attributed to the impairment recognized in the previous quarter, as detailed above.
Net Cash Used in Operating Activities for the first quarter of 2022 was $4.2 million, as compared to $14.9 million in the fourth quarter of 2021. The decrease was mainly due to changes in working capital and continued implementation of cost-reduction measures.
Net Cash Used in Financing Activities for the first quarter of 2022 was $4.9 million, as compared to Net Cash Provided by Financing Activities of $17.6 million in the fourth quarter of 2021, comprised mostly from proceeds of equity offerings completed in the fourth quarter of 2021. The additional decrease of $5 million was due to a reduction of Movantik acquisition liabilities.
Liquidity and Capital Resources
Cash Balance1 as of March 31, 2022, was $45.0 million, as compared to $54.2 million as of December 31, 2021.
On June 17, 2022, RedHill Biopharma Inc. signed an amendment to the HCR Credit Agreement reducing the revenue covenant to $75.0 million for the next two quarters, with a 0.5% increase in interest.
The license of opaganib[4] for COVID-19 by Kukbo for South Korea is expected to yield a $1.5 million upfront payment to RedHill and, in addition, up to $5.6 million in milestone payments plus royalties on net sales.
The license of Talicia for H. pylori by Gaelan Medical for the United Arab Emirates, with $2.0 million upfront payment received, is anticipated to yield additional milestones and royalties on net sales.
Discussions with additional potential partners, for both in- and out-licensing partnerships, are ongoing including for potential acquisitions of additional synergetic commercial products with strong cash generation potential.
Commercial Highlights
Movantik® (naloxegol)[5]
The Company's focus and determination to drive both Movantik and the PAMORA class as a whole have delivered important results, with Movantik's Q1/22 performance matching the record pace set in Q4/21. This represents an 8.6% increase in new prescriptions compared to Q1/21, more than doubling the already strong growth of the overall PAMORA class in the same period and contributing to a further increase in market share for Movantik, now up to almost 74% of the PAMORA class.
Nearly 92% of insurance plans provide access for Movantik – best-in-class coverage – and as of January 1, 2022, Movantik® has been approved for inclusion as a preferred and unrestricted brand on a major National Medicare Part D formulary serving more than 10 million Americans. Movantik's total commercial coverage now extends to 151 million American patients' lives and has grown to 46 million Medicare lives, with over 93% coverage of Medicare Part D lives.
With best-in-class payer coverage, focused execution in the pain segment and continuing the PAMORA class market development, Movantik is well-positioned for continued growth in 2022 and beyond.
Talicia® (omeprazole magnesium, amoxicillin and rifabutin)[6]
Talicia reached new TRx heights in Q1/22, growing a further 12.8% compared to the previous record levels set in Q4/21. This growth represents an 80% increase in new prescriptions from Q1/21, further cementing Talicia's position as the most prescribed branded H. pylori therapy in the U.S. Significant increase in prescription volume in March of this year, coupled with a growing prescriber base, improving payor coverage and continuing promotional focus is expected to result in further growth acceleration.
Medi-Cal, California's Medicaid Health Care program, which added Talicia last year to its Contract Drug List (CDL) for H. pylori treatment, with no prior authorization required, expanded coverage to 14 million beneficiaries on January 1, 2022. Florida Medicaid coverage started in April and another large Part D plan coverage became effective earlier this quarter. The Company also expects a major new coverage win to initiate July 1, 2022. As of May 2022, total Talicia coverage stood at nearly 200 million American lives, equating to seven out of ten lives.
Outside of the U.S., in January 2022, the Company announced that it had entered into an exclusive license agreement with Gaelan Medical Trade LLC, a wholly owned subsidiary of the Ghassan Aboud Group (GAG), for Talicia in the United Arab Emirates (UAE). Under the terms of the agreement, RedHill received an upfront payment of $2 million and is eligible for additional milestone payments as well as tiered royalties up to mid-teens on net sales of Talicia in the UAE if marketing authorization is received and Talicia is commercialized. Gaelan Medical received the exclusive rights to Talicia in the UAE, as well as a right of first refusal in relation to Talicia in the Gulf Cooperation Council region (Saudi Arabia, Kuwait, Qatar, Bahrain and Oman) for a pre-determined period.
Aemcolo® (rifamycin)[7]
The Company continues to be ready for post-COVID-19 returning travel opportunities for Americans.
R&D Highlights
Opaganib (ABC294640)
COVID-19:
COVID-19, included in a broader category of 'pandemic preparedness', remains an area of high interest and need for novel oral therapeutics. Data from prespecified analyses of opaganib's Phase 2/3 study (NCT04467840), announced in January and February 2022, demonstrated that opaganib improved viral RNA clearance, achieved faster time to recovery and reduced mortality in key subpopulations of moderate to severe hospitalized patients with COVID-19. Additionally, a post-hoc analysis identified a biomarker, the fraction of inspired oxygen (FiO2), to select patients that showed superior outcomes with opaganib vs. placebo. Opaganib also demonstrated potent in vitro efficacy against the Omicron SARS-CoV-2 variant and is expected to remain effective against sub-variants BA.2, XE and other emerging and future variants. Based on regulatory guidance, a positive confirmatory study constitutes the likely pathway to potential opaganib submissions for approval in the U.S., EU, and multiple other territories.
Data from the global Phase 2/3 study has now been published on MedRxiv and will also be the subject of a "Late-Breaker" oral presentation at the joint CDC / Task Force for Global Health-organized International Conference on Emerging Infectious Diseases, to be held in August.
On June 21, 2022, and adding to opaganib's expanding patent suite, RedHill was granted an additional U.S. patent directed to a method for the treatment of COVID-19 in patients with moderate to severe COVID-19 related pneumonia using opaganib.
RedHill is pursuing multiple public and private external funding sources for our programs including grants in the U.S., UK and EU, government sponsored platform studies and industry partnerships. In March 2022, the Company announced that it had entered into an exclusive license agreement with Kukbo Co. Ltd., a South Korean corporation, for the exclusive rights to commercialize opaganib for the treatment of COVID-19 in South Korea. Under the terms of the agreement, RedHill is entitled to receive an upfront payment of $1.5 million and is eligible for $5.6 million in additional milestone payments, as well as low double-digit royalties on net sales of opaganib if marketing authorization is received and opaganib is commercialized.
Other indications under investigation:
Influenza A H1N1: Opaganib demonstrated potent in vitro inhibition of influenza A H1N1, at low concentrations and with no evidence of toxicity at these levels. The results were obtained in Normal Human Bronchial Epithelial Cells (NHBE) assay, the natural human target of the virus, making it a realistic model. These results add to previous data demonstrating antiviral activity in several in vitro and in vivo viral infection models including SARS-CoV-2, influenza and Ebola, providing further evidence of opaganib's potential broad-spectrum antiviral effect. Discussions with NIH are ongoing regarding next steps for investigating opaganib's broader antiviral potential and its promising applicability to 'pandemic preparedness'.
Oncology:
The Company continues to advance opaganib's development program in oncology with the cholangiocarcinoma (CCA) Phase 2 study analysis expected in Q3/2022
RHB-107 (upamostat)[8]
COVID-19:
In March 2022, the Company announced positive top-line results from Part A of the two- stage Phase 2/3 study of novel, once-daily, orally-administered, antiviral drug candidate, RHB-107. The study, evaluating RHB-107 for the treatment of non-hospitalized patients with symptomatic COVID-19 in the early course of the disease (NCT04723537), who do not require supplemental oxygen (the vast majority of COVID-19 patients) was predominantly conducted in the U.S. (60/61 patients) as well as South Africa.
Results showed that RHB-107 met the primary outcome measure, demonstrating a favorable safety and tolerability profile and showed a 100% reduction in hospitalization due to COVID-19, with zero patients (0/41) on the RHB-107 arms versus 15% (3/20) hospitalized due to COVID-19 on the placebo-controlled arm (nominal p-value=0.0317). The study also showed an approximately 88% reduction in reported new severe COVID-19 symptoms after treatment initiation, with only one patient in the RHB-107 treated group 2.4%, (1/41) versus 20% (4/20) of patients in the placebo-controlled arm. Further analysis of study data also showed a faster recovery from severe COVID-19 symptoms for patients in the RHB-107 arm, with a median of 3 days to recovery with RHB-107 vs. 8 days with placebo.
RHB 107's unique human host-targeted, suggested antiviral mechanism is expected to act independently of viral spike protein mutations and remain effective against Omicron and sub-variants BA.2, XE and other emerging and future variants.
Next steps for the study are expected following ongoing discussions with regulators.
RHB-204 - Pulmonary Nontuberculous Mycobacteria (NTM) Disease[9]
A U.S. Phase 3 study is ongoing in the U.S. to evaluate the efficacy and safety of RHB-204 in adults with pulmonary NTM disease caused by Mycobacterium avium Complex (MAC) infection (NCT04616924). The waning of COVID-19 is expected to accelerate the advancement of the program
The study protocol provides for 6 months co-primary endpoint of sputum culture conversion (SCC) and clinical outcome (patient-reported outcomes - PRO) in a randomized placebo-controlled design, followed by open label active treatment with RHB-204 for 12 months from conversion.
RHB-204 has been granted Orphan Drug designation and QIDP status – providing for Fast Track and Priority Review and resulting in eligibility for 12 years post-approval market exclusivity.
Conference Call and Webcast Information:
The Company will host a conference call and webcast today, Thursday, June 23, 2022, at 8:30 a.m. EDT, during which it will present key highlights for the first quarter of 2022.
The webcast including slides will be broadcast live on the Company's website, https://ir.redhillbio.com/events, and will be available for replay for 30 days.
To participate in the conference call, please dial one of the following numbers up to 30 minutes before the scheduled start time: United States: +1-855-979-6654; International: +1-646-664-1960; and Israel: +972-72-258-7959; the access code for the call is: 647114.
To pre-register for the conference call, click here.
About RedHill Biopharma
RedHill Biopharma Ltd. (Nasdaq: RDHL) is a specialty biopharmaceutical company primarily focused on gastrointestinal and infectious diseases. RedHill promotes the gastrointestinal drugs, Movantik® for opioid-induced constipation in adults7, Talicia® for the treatment of Helicobacter pylori (H. pylori) infection in adults8, and Aemcolo® for the treatment of travelers' diarrhea in adults9. RedHill's key clinical late-stage development programs include: (i) RHB-204, with an ongoing Phase 3 study for pulmonary nontuberculous mycobacteria (NTM) disease; (ii) opaganib (ABC294640), a first-in-class oral SK2 selective inhibitor targeting multiple indications with a Phase 2/3 program for hospitalized COVID-19 and Phase 2 studies for prostate cancer and cholangiocarcinoma ongoing; (iii) RHB-107 (upamostat), an oral serine protease inhibitor in a Phase 3-stage study as treatment for non-hospitalized symptomatic COVID-19, and targeting multiple other cancer and inflammatory gastrointestinal diseases; (iv) RHB-104, with positive results from a first Phase 3 study for Crohn's disease; (v) RHB-102 , with positive results from a Phase 3 study for acute gastroenteritis and gastritis and positive results from a Phase 2 study for IBS-D; and (vi) RHB-106, an encapsulated bowel preparation. More information about the Company is available at www.redhillbio.com/ twitter.com/RedHillBio.
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or similar words and include statements regarding anticipated positive cash from operations before interest expected in 2022, the expected operational cost savings from the cost reduction plan and discussions regarding the acquisition of a synergetic U.S. FDA-approved GI drug. Forward-looking statements are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond the Company's control and cannot be predicted or quantified, and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, the risk that the anticipated positive cash from operations before interest will not be positive in 2022, that the expected operational cost savings from the cost reduction plan will be lower than anticipated, that the acquisition of a synergetic U.S. FDA-approved GI drug will not materialize, that the obligations of the term loan are unable to be met, that we will not be successful in increasing sales of our commercial products, including due to market conditions, that the Phase 2/3 COVID-19 study for RHB-107 may not be successful and, even if successful, such studies and results may not be sufficient for regulatory applications, including emergency use or marketing applications, and that additional COVID-19 studies for opaganib and RHB-107 are likely to be required, as well as risks and uncertainties associated with the risk that the Company will not successfully commercialize its products; as well as risks and uncertainties associated with (i) the initiation, timing, progress and results of the Company's research, manufacturing, pre-clinical studies, clinical trials, and other therapeutic candidate development efforts, and the timing of the commercial launch of its commercial products and ones it may acquire or develop in the future; (ii) the Company's ability to advance its therapeutic candidates into clinical trials or to successfully complete its pre-clinical studies or clinical trials or the development of a commercial companion diagnostic for the detection of MAP; (iii) the extent and number and type of additional studies that the Company may be required to conduct and the Company's receipt of regulatory approvals for its therapeutic candidates, and the timing of other regulatory filings, approvals and feedback; (iv) the manufacturing, clinical development, commercialization, and market acceptance of the Company's therapeutic candidates and Talicia®; (v) the Company's ability to successfully commercialize and promote Talicia®, and Aemcolo® and Movantik®; (vi) the Company's ability to establish and maintain corporate collaborations; (vii) the Company's ability to acquire products approved for marketing in the U.S. that achieve commercial success and build its own marketing and commercialization capabilities; (viii) the interpretation of the properties and characteristics of the Company's therapeutic candidates and the results obtained with its therapeutic candidates in research, pre-clinical studies or clinical trials; (ix) the implementation of the Company's business model, strategic plans for its business and therapeutic candidates; (x) the scope of protection the Company is able to establish and maintain for intellectual property rights covering its therapeutic candidates and its ability to operate its business without infringing the intellectual property rights of others; (xi) parties from whom the Company licenses its intellectual property defaulting in their obligations to the Company; (xii) estimates of the Company's expenses, future revenues, capital requirements and needs for additional financing; (xiii) the effect of patients suffering adverse experiences using investigative drugs under the Company's Expanded Access Program; (xiv) competition from other companies and technologies within the Company's industry; and (xv) the hiring and employment commencement date of executive managers. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's filings with the Securities and Exchange Commission (SEC), including the Company's Annual Report on Form 20-F filed with the SEC on March 17, 2022. All forward-looking statements included in this press release are made only as of the date of this press release. The Company assumes no obligation to update any written or oral forward-looking statement, whether as a result of new information, future events or otherwise unless required by law.
[1] Positive cash from operations before interest payments.
[2] Including cash, cash equivalents, short-term bank deposits and restricted cash.
[3] All financial highlights are approximate and are rounded to the nearest hundreds of thousands.
[4] Opaganib is an investigational new drug, not available for commercial distribution.
[5] Movantik® (naloxegol) is indicated for opioid-induced constipation (OIC). Full prescribing information see: www.movantik.com.
[6] Talicia® (omeprazole magnesium, amoxicillin and rifabutin) is indicated for the treatment of H. pylori infection in adults. For full prescribing information see: www.Talicia.com.
[7] Aemcolo® (rifamycin) is indicated for the treatment of travelers' diarrhea caused by noninvasive strains of Escherichia coli in adults. For full prescribing information see: www.aemcolo.com.
[8] RHB-107 (upamostat) is an investigational new drug, not available for commercial distribution.
[9] RHB-204 is an investigational new drug, not available for commercial distribution.
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SOURCE RedHill Biopharma Ltd. | https://www.mysuncoast.com/prnewswire/2022/06/23/redhill-biopharma-announces-q122-highlights-track-positive-cash-operations-h222/ | 2022-06-23T11:29:17Z |
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.kxii.com/prnewswire/2022/08/03/safehold-reports-second-quarter-2022-results/ | 2022-08-03T12:15:35Z |
Rafay consolidates and simplifies the management of a variety of infrastructures to support clouds, virtual machines and operating systems - all from one unified SaaS platform
SUNNYVALE, Calif., June 2, 2022 /PRNewswire/ -- Rafay Systems, the leading platform provider for Kubernetes Operations, announced today the ability to seamlessly orchestrate Windows worker nodes with Linux on AMD64 (x64) and ARM architectures from the Rafay Kubernetes Operations Platform (KOP). With this enhancement, IT and cloud operations/SRE teams can now simplify Kubernetes operations from the cloud to the edge with consistent workflows, automation and tooling irrespective of the underlying architecture and operating system (OS), including Linux/AMD-64, Linux/ARM-64, and Windows/AMD-64.
Today, as enterprises modernize their infrastructure, they find themselves using separate machines for application types such as Windows, Linux and ARM. As a result, enterprises incur additional costs and resource constraints as teams struggle with many different ways to configure, deploy and manage the ongoing maintenance required for upgrades, integrations and patching, for example. These challenges exacerbate at the edge, where applications with various architectures can require different servers or VMs – each with different approaches for orchestration – resulting in a lack of standardization and increased operational costs.
By centralizing management and operations, Rafay provides DevOps and operations/SRE teams the ability to accelerate the migration of legacy Windows apps to a cloud-native architecture without the need to update said apps. This saves time and frees up resources for application modernization initiatives.
"We live in a heterogeneous IT world where most enterprises can't just start fresh on a cloud-native journey. Infrastructure and operations teams want to consolidate heterogeneous environments in order to simplify management and operations of complex IT systems," said Mohan Atreya, SVP Product and Solutions at Rafay Systems. "Rafay enables enterprises to leverage Kubernetes as the universal orchestrator for both containerized and VM-based applications as well as containerized applications optimized for different CPU architectures to dramatically simplify and streamline infrastructure and application operations."
Deploy and operate Windows and Linux applications on upstream Kubernetes clusters with Rafay KOP at: https://rafay.co/platform/kubernetes-operations-platform/
By unifying heterogeneous worker nodes through the Rafay KOP, enterprise IT and cloud operations teams don't have to run separate clusters by architecture type or operating system, which significantly reduces infrastructure and management complexity. By converging operations into a single pane of glass, teams can simply leverage containers and Kubernetes to reduce cost and management overhead.
With Rafay KOP, teams can create consistent workflows and take advantage of powerful automation and tooling, irrespective of the underlying architecture and operating system to make IT operations simple, standardized and repeatable.
Watch this video to see how easy it is to manage both Linux and Windows workloads on the same Kubernetes cluster: https://www.youtube.com/watch?v=479IjHY4P0I
About Rafay Systems
Rafay Systems offers the industry's first Kubernetes Operations Platform to help enterprises maximize the value of containerized applications that deliver today's business innovation. With Rafay's unified platform teams can operate modern application infrastructure at scale across public clouds, data centers, and the edge. A full suite of turnkey services helps streamline deploying apps across multiple environments and deliver enterprise-grade control and governance to application deployment workflows. This breakthrough approach brings a new and much-needed operations mindset to the Kubernetes Management market. With the Rafay Kubernetes Operations Platform, platform teams enjoy centralized visibility, management and automation across once disparate processes and systems, resulting in the improved delivery of modern applications. Rafay's growing customer roster includes clients such as Verizon, SonicWall, and Guardant Health. For more information, please visit www.rafay.co.
Contact:
Olivia Heel
Catapult PR-IR
pr@rafay.com
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SOURCE Rafay Systems | https://www.wibw.com/prnewswire/2022/06/02/rafay-systems-launches-unified-kubernetes-operations-support-converged-infrastructure/ | 2022-06-02T16:26:15Z |
Edmunds: 2022 Honda Passport vs. 2022 Jeep Grand Cherokee
By MILES BRANMAN
Edmunds
The Jeep Grand Cherokee has been redesigned for 2022, boasting greater off-road capability and more creature comforts, but is the refreshed Honda Passport the better buy? Edmunds takes a look at both, weighs the pros and cons, then picks a winner. Will it be the current off-road champ the Grand Cherokee or the scrappy underdog, the Honda Pilot? | https://localnews8.com/news/ap-national-business/2022/05/04/edmunds-2022-honda-passport-vs-2022-jeep-grand-cherokee/ | 2022-05-04T12:18:20Z |
NEW YORK, July 19, 2022 /PRNewswire/ -- Soundcore Capital Partners, LP ("Soundcore"), a New York based private equity firm, is pleased to announce that Jonathan Tanenbaum has joined the firm as a Partner on its Investment Team.
Prior to joining Soundcore in April, Mr. Tanenbaum was with TZP Group where, in addition to primary transaction execution and portfolio oversight responsibilities, he also helped to initiate and lead the firm's diversity, equity and inclusion program, among other firm initiatives. Mr. Tanenbaum brings over 14 years of finance and private equity experience to Soundcore in relevant sectors and investment strategies. He will help lead the Investment Team and work closely to build firm processes and manage strategic initiatives at Soundcore.
"We are thrilled to have Jonathan join the Soundcore team," said Jarrett Turner, Managing Partner at Soundcore. "His transaction experience, process orientation, entrepreneurial drive and analytical rigor will be valuable assets to Soundcore as we continue to grow. Having known Jonathan for 12 years and previously worked together at Sun Capital Partners including on several deals, I am delighted to call him a partner and colleague again."
Earlier in his career, Mr. Tanenbaum worked in private equity at The Beekman Group and Sun Capital Partners. He began his career at J.P. Morgan in its Diversified Industries and Leveraged Finance investment banking groups. Mr. Tanenbaum received a Master of Business Administration from The Wharton School at the University of Pennsylvania and a Bachelor of Arts degree in Economics from The University of Chicago.
Mr. Tanenbaum joins an experienced team at Soundcore as the firm continues to expand, including actively growing the Investment and Origination Teams at all levels.
About Soundcore
Soundcore Capital was founded in 2015 by Jarrett Turner and is based in New York, NY. Soundcore is a thesis-driven private equity firm that specializes in buy-and-build investments in the lower middle-market that are headquartered in the United States and Canada. Soundcore has completed 70 acquisitions across nine platforms and focuses primarily on business & outsourced services, industrial services, specialty manufacturing and value-added distribution sectors. For more information, please visit: https://www.soundcorecap.com/home.
CONTACT:
Njideka Emenogu|
212-812-1180
nemenogu@soundcorecap.com
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SOURCE Soundcore Capital Partners | https://www.wibw.com/prnewswire/2022/07/19/soundcore-expands-senior-leadership-team/ | 2022-07-19T16:47:26Z |
WASHINGTON, June 29, 2022 /PRNewswire/ -- Danaher Corporation (NYSE: DHR) announced today that it has appointed Feroz Dewan to its Board of Directors and to the Board's Science & Technology Committee. This addition expands the size of Danaher's Board from thirteen to fourteen members.
Mr. Dewan is currently CEO of Arena Holdings Management, a global investment business. From 2003 to 2015, he worked at Tiger Global Management, most recently as Head of Public Equities. Prior to that, Mr. Dewan was a private equity investor at Silver Lake Partners.
Mr. Dewan earned his B.S. in Engineering with a Certificate in Applied and Computational Mathematics from Princeton University.
Steven M. Rales, Chairman of the Board of Danaher Corporation, said "We are very pleased to welcome Feroz to the Board. We expect that his financial acumen and technology expertise will be a tremendous benefit to Danaher as we strive to continue building sustainable, long-term value for all of our constituents."
Danaher is a global science and technology innovator committed to helping its customers solve complex challenges and improving quality of life around the world. Its family of world class brands has leadership positions in the demanding and attractive health care, environmental and applied end-markets. With more than 20 operating companies, Danaher's globally diverse team of approximately 80,000 associates is united by a common culture and operating system, the Danaher Business System, and its Shared Purpose, Helping Realize Life's Potential. For more information, please visit www.danaher.com.
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SOURCE Danaher Corporation | https://www.mysuncoast.com/prnewswire/2022/06/29/danaher-announces-appointment-feroz-dewan-danaher-board/ | 2022-06-29T21:46:24Z |
Lawn care worker found shot to death, blower still running on his back, authorities in Miss. say
Published: Aug. 30, 2022 at 11:06 AM CDT|Updated: 1 hour ago
GULFPORT, Miss. (WLOX/Gray News) - Gulfport Police are investigating a shooting that left a lawn care worker dead on the job Monday evening.
Authorities responded to the scene around 7:25 p.m.
There, they found a man on the ground with multiple gunshot wounds and a running, gas-powered leaf blower on his back.
That man was 47-year-old Kelvin Simmons, Jr. from Saucier, according to the coroner. Simmons was pronounced dead at the scene.
Authorities say Simmons was hired to mow the yard he was found in, but they aren’t yet sure who shot him or who would have motive for killing him. His autopsy will take place Wednesday.
This is an ongoing investigation, police said.
Copyright 2022 WLOX via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/30/lawn-care-worker-found-shot-death-blower-still-running-his-back-authorities-miss-say/ | 2022-08-30T17:18:05Z |
VATICAN CITY (AP) — The Vatican’s longtime investment banker testified Monday that he repeatedly voiced concerns about a fund that was investing in a troubled London property, but said the Holy See’s secretariat of state insisted on pursuing the deal even as it lost money.
Enrico Crasso said he was very much on the sidelines of the London deal, which is at the center of the Vatican’s big fraud and embezzlement trial. Prosecutors have accused Crasso and nine other people of fleecing the Holy See of tens of millions of euros and of ultimately extorting the Vatican for 15 million euros to get control of the property.
Crasso, who handled the secretariat of state’s investments for 27 years at Credit Suisse and his own firms, is accused of several counts of embezzlement as well as corruption, fraud and extortion. Crasso denies wrongdoing and testified Monday that in his more than quarter-century of work for the Holy See, the investments he managed always turned a profit.
On his first day on the stand, Crasso stressed that he was only brought into the London deal by chance after he was called on by the secretariat of state to help it evaluate ways to diversify its asset portfolio in 2012, first into a potential petroleum development deal in Angola and then the London property.
Crasso said Credit Suisse recommended a commodities expert, Raffaele Mincione, to evaluate the Angola deal. After all sides agreed against it, Mincione stayed on as a new money manager for the Vatican via his Athena investment fund that was investing in the London property.
Crasso referred to a 2016 formal statement from the Vatican secretary of state, Cardinal Pietro Parolin, making clear that there were no limits on where the Vatican’s Credit Suisse assets could be invested. Crasso’s defense has cited the letter to rebut the embezzlement allegation that Crasso routed Vatican money destined for charity to highly speculative investments.
Crasso testified that he was essentially sidelined after the Vatican began working with Mincione and he cited a series of emails he sent to Vatican officials expressing concern and perplexity at some of Mincione’s investment choices.
By 2018, the Vatican decided to exit Mincione’s fund because it had lost some 18 million euros and was looking for a way to buy him out of the London property. Enter another defendant, Gianluigi Torzi, who was proposed by a friend of Pope Francis as a potential manager and developer for the property.
The deal involved paying off Mincione 40 million euros and then entering into an agreement with Torzi via a new holding company, Gutt, to manage and develop the property. The deal, in which the Vatican held 30,000 shares in Gutt and Torzi 1,000 shares, was hashed out over three days in Torzi’s London office in November 2018.
Crasso said he attended the meetings but had no real reason to be there since the negotiations were being handled by the two top in-house money managers of the Vatican.
Unbeknown to the Vatican at the time, Torzi structured the Gutt shares in such a way that his 1,000 shares were the only ones with the right to vote, meaning he controlled the building and the Vatican held virtually nothing.
According to previous testimony, Francis and the Vatican decided against suing Torzi for alleged fraud and agreed to pay him 15 million euros to finally get control of the property — a payout that Vatican prosecutors say amounted to extortion.
Crasso said there was no logic to prosecutors’ claim he was involved in the alleged extortion since he had only met Torzi for the first time a few days before the November 2018 meetings. | https://cw33.com/business/ap-business/banker-says-he-warned-vatican-about-london-fund-investor/ | 2022-05-31T07:56:46Z |
Teens drive 13 hours to redeem McDonald’s coupon
CLEAR LAKE, Iowa (KIMT) - The discovery of an old McDonald’s coffee coupon led a group of high schoolers to make a cross-country road trip to redeem it.
Colton Marley, a soon-to-be high school senior from Pennsylvania, found a coupon in his wallet good for one small McCafe drink with no expiration date. He had it for several years, but how he got is a complete mystery.
“The strange thing is it was only available at three locations in the U.S., the closest one being Clear Lake, Iowa,” Marley said.
The discovery got Marley and his friends – Trey Hixon, Eli Peel and Jonah Smeltzer – thinking.
“We always kind of joked that we’d one day go out and do it, but I guess here we are,” Hixon said. “I was like, ‘Wouldn’t it be funny if we went out there for a senior trip or something?’”
The idea became a reality when Marley and his friends loaded up their car and drove 13 hours from the Pittsburgh area to Clear Lake to redeem the coupon. It was accepted.
To add to the moment, all four teens dressed in suits and ties. Their table was decorated with a tablecloth and an artificial candle.
“We drove 13 hours, so why not?” Peel said.
In addition, the group made pit stops along the way, including a tour of the Surf Ballroom in Clear Lake, a Billy Joel concert in Indiana and a visit to the I-80 Truck Stop near Davenport, Iowa, that’s billed as the world’s largest truck stop.
It’s a trip none of them will ever forget.
Copyright 2022 KIMT via CNN Newsource. All rights reserved. | https://www.kxii.com/2022/06/30/teens-drive-13-hours-redeem-mcdonalds-coupon/ | 2022-06-30T07:48:15Z |
(The Hill) – First lady Jill Biden has tested positive for COVID-19 days after receiving a negative test in a “rebound” case of the virus.
The first lady tested negative on Tuesday before receiving the positive test result on an antigen test on Wednesday afternoon, her office said.
“The First Lady has experienced no reemergence of symptoms, and will remain in Delaware where she has reinitiated isolation procedures,” Kelsey Donohue, the deputy communications director for the first lady, said in a statement.
Biden first tested positive for COVID-19 eight days ago and was given the antiviral drug Paxlovid. She tested positive while on vacation with President Biden and their family in South Carolina. The first lady had mild symptoms and remained there until receiving a negative test, then joined the president in Delaware where he had continued his vacation.
Rebound cases can happen in patients who take Paxlovid when a patient tests negative for the virus, only to test positive again a few days later.
The president had a similar rebound case after taking Paxlovid for his own COVID-19 infection late last month. He remained in isolation for another week because of the rebound case. | https://cw33.com/news/nexstar-media-wire/first-lady-tests-positive-in-covid-19-rebound-case/ | 2022-08-24T20:28:41Z |
SYDNEY, July 11, 2022 /PRNewswire/ -- PlayUp Limited ("PlayUp"), a leading, sports betting and iGaming technology company, today announced that it is working through completion of the certification process by GLI and, therefore, is closing in on approval to launch its proprietary Betting, Entertainment and Sports Technology Platform ("BEST") in the United States markets.
As a next generation entertainment and technology company offering online sports betting and iGaming in the United States and online betting, Daily Fantasy Sports and eSports throughout Australia, PlayUp has developed BEST to be a highly scalable and robust online betting platform that provides an integrated product experience. The BEST platform will allow users to have a single account, single wallet and single app in the United States or Australia to make bets across all supported betting products. All BEST intellectual property is self-developed and owned by PlayUp.
PlayUp is already live in the United States (New Jersey and Colorado with sports betting and across more than 25 States with Slots+) and has positioned itself for growth by capitalizing on its experience as an Australian operator since 2017 and having strong market access in the United States (11 online sports betting and/or iGaming market access agreements across 8 states). PlayUp has also assembled an experienced in-house risk management team that trades all United States and Australian sports, as well as racing.
Additionally, PlayUp's Board of Directors has initiated a process to evaluate strategic alternatives. As part of this process, PlayUp intends to consider a full range of alternatives, including strategic partnerships, a sale of the company or other possible transactions. Innovation Capital, LLC has been retained as its exclusive financial advisor to assist with the strategic review process.
About PlayUp Limited
PlayUp is a next generation entertainment and technology group that enriches the lives of people through entertaining, rewarding and responsible online betting. We develop innovative betting technologies in-house to power our brands and deliver world-class user experiences. Our energies are focused on fulfilling the needs of dedicated and passionate users who seek a deeper connection to the games they play.
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SOURCE PlayUp Ltd | https://www.kxii.com/prnewswire/2022/07/12/playup-limited-announces-exploration-strategic-alternatives/ | 2022-07-12T03:31:24Z |
NEW YORK, Aug. 16, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of 17 Education & Technology Group Inc. (NASDAQ: YQ) pursuant and/or traceable to the registration statement and related prospectus (collectively, the "Registration Statement") issued in connection with 17EdTech's December 2020 initial public offering (the "IPO"), of the important September 19, 2022 lead plaintiff deadline, in the securities class action commenced by the Firm.
SO WHAT: If you purchased 17EdTech securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the 17EdTech class action, go to https://rosenlegal.com/submit-form/?case_id=7395 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than September 19, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, the IPO Registration Statement featured false and/or misleading statements and/or failed to disclose that: (1) Defendant 17EdTech's K-12 Academic AST Services would end less than a year after the IPO; (2) as part of its ongoing regulatory efforts, Chinese authorities would imminently curtail and/or end 17EdTech's core business; and (3) as a result, Defendants' statements about the Company's business, operations, and prospects were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the 17EdTech class action, go to https://rosenlegal.com/submit-form/?case_id=7395 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.kxii.com/prnewswire/2022/08/16/rosen-global-leading-law-firm-encourages-17-education-amp-technology-group-inc-investors-secure-counsel-before-important-deadline-securities-class-action-filed-by-firm-yq/ | 2022-08-16T23:14:12Z |
Local law enforcement agencies stress importance of home security as summer season approaches
REXBURG, Idaho (KIFI) - As summer vacation approaches, local law enforcement agencies are reminding us of some important steps we can take as we prepare for our vacations. Officials say the summer season is a spike in the amount of home break-ins due to the larger amount of empty homes.
Sergeant Isaac Payne a spokes person with the Madison County Sheriff's office says an old trick may not be as clever as we hope.
"It might seem like a clever idea to hide a key near your home, but it's not actually the most secure. If you're going to leave the key somewhere, leave it with a neighbor, leave it with somebody you trust and that way you have access to it," Payne said.
He says in the case of emergencies, by leaving that key with a trusted person will also allow "emergency responders can have access to it as well."
Officials also say if we plan on making a big trip to not post our plans on our social media before, or while we are gone. They say this can tip off people to the fact that you will not be home. Sergeant Payne says in most cases the burglars are "looking for low hanging fruit or the easiest target."
He says the best thing to do is make it harder for your home to become a target with some simple steps.
"The simple things like motion sensing lights, cameras, which are much more affordable now, than they used to be, you can attach cameras to your home. The ring doorbells are great. Things like that make your home a harder target if you're going out of town," Payne said.
"If you have a spare car, leave it in the driveway, leave your external lights on, or have a motion sensor light on. Have someone mow your grass while you're gone. Even pick up your mail," he said. "These are all things that make it appear as though there's someone at home. And this isn't just an empty home waiting to be broken into."
He says this will all make it look like some one is in the home and reduces the likelihood of a home break-in.
Sergeant Payne says just because you are enjoying your vacation, doesn't mean you can't have a little extra comfort knowing your home will be taken care of.
"You can also let your dispatch center know that, 'hey, I'm going out of town. 'That way they can note that in their log that no one should be in there. Or if they see anything, they can they can let their responders know," he said.
He says this will also help law enforcement in regards to your home.
"If you let us know when you're going to be gone and then we can assign people or task people to go out and just kind of do a security check on that area once in a while, make sure everything's safe and secure and they can do that once a day. You can just request it. However, however much you want, obviously are, you know, kind of have to respond to emergencies. But if they have the availability and the manpower, they'll go check on your home while you're gone."
He says having the prior knowledge that you are gone, if they drive by and see something weird near your home they will be able to check it out when otherwise they may not know.
"If we see somebody in your home or on your property that we it wouldn't be suspicious to us. But if we know that you're going to be gone now, it is now something we can investigate and take care of."
Sergeant Payne also says when you're staying at home, you can do what is known as the 9 p.m. routine.
"Getting the routine every night, turning your porch light on, locking your doors, lock your windows at night, you should just go through that routine and make sure all those things are secure. Make sure that your vehicles are locked and secure."
Sergeant Payne also added all of these tips will apply, whether you are a renter or a home owner. | https://localnews8.com/news/top-stories/2022/05/26/local-law-enforcement-agencies-remind-us-of-the-importance-of-home-security-as-the-summer-season-approaches/ | 2022-05-27T02:21:15Z |
‘Baseball belongs downtown’: Representatives from Chiefs, Royals talk future of stadiums
KANSAS CITY, MO (KCTV) --- Key stakeholders who will help decide the future of the Chiefs and Royals stadiums discussed what’s next for both organizations at the Downtown Council Annual Luncheon Friday.
The Kansas City Downtown Council’s previously released Imagine Downtown KC 2030 Strategic Plan highlighted eight goals for the future of downtown Kansas City.
A downtown ballpark is listed as one of the Catalytic Projects that could “have a profound impact on Downtown Kansas City.”
“We continue our current evaluation of the possibility. We think baseball belongs downtown when you look around the country,” Kansas City Royals Senior Vice President & COO Brooks Sherman said. “When you look at those cities and what they’ve done, there is not a single one that regrets putting that stadium downtown.”
Kansas City Chiefs President Mark Donovan briefly weighed in on the possibility of downtown baseball in Kansas City.
“This is not a Chiefs statement,” Donovan said. “This is a Mark Donovan statement: baseball downtown is where it belongs.”
When asked about the future of the Kansas City Chiefs stadium, Donovan said the Chiefs are currently conducting a $500,000 study of Arrowhead and GEHA Field to examine costs of renovations to the current stadium and the costs of building a new stadium.
“Clark (Hunt) sat down with us a couple of weeks ago and said, ‘Just so everyone knows, the people in this room are making the biggest decision in the history of our franchise. Don’t screw it up,’” Donovan said. “There’s a responsibility in that and an opportunity.”
Donovan said the reality is that the Chiefs have a long way to go before a decision is made. “We are way early in the process. Arrowhead is special. It’s special to this town. It’s special to these families,” Donovan said. “It’s special to the Hunt family.
That’s their dad’s building. That’s going to play a factor in all of this.”
Sherman and Donovan said the Chiefs and Royals are working together as they evaluate options. Both said when a decision is made, they want it to be one that will positively impact both organizations for the next 50 years.
Copyright 2022 KCTV. All rights reserved. | https://www.wibw.com/2022/04/22/baseball-belongs-downtown-representatives-chiefs-royals-talk-future-stadiums/ | 2022-04-22T22:23:02Z |
THESSALONIKI, Greece (AP) — Greek authorities say a man who was seriously injured in a fire that broke out in the COVID-19 ward of a hospital in northern Greece has died of his injuries, bringing the total death toll from the blaze to two.
The 52-year-old man who died Thursday had been a patient in the Papanikolaou Hospital’s coronavirus ward when the fire broke out Wednesday morning due to as yet undetermined causes, police said. Firefighters discovered the body of a 79-year-old coronavirus patient at the scene on Wednesday.
One more patient is being treated for burns in the hospital, while two more COVID-19 patients are under enhanced observation after smoke from the fire exacerbated their condition. More than 30 patients were evacuated from the ward during the fire, which was extinguished shortly after it broke out.
Several fatal fires in COVID-19 hospital wards in several countries have been linked to the large quantities of oxygen being administered to patients, and which causes fire to burn faster and with greater intensity.
“The danger was from the oxygen supply to the patients. That could have made the situation much worse,” Health Minister Thanos Plevris told reporters outside the hospital Wednesday.
“The supply was cut off quickly and the response from the fire department was swift,” he added.
___
Follow all AP stories on the pandemic athttps://apnews.com/hub/coronavirus-pandemic. | https://cw33.com/health/ap-health/greece-man-injured-in-covid-19-hospital-fire-dies/ | 2022-04-07T23:51:10Z |
Company Strengthens International Expansion and Broadens the Availability of Continuous IV Monitoring Solutions to Strategic Markets
NEWPORT NEWS, Va., Aug. 11, 2022 /PRNewswire/ -- Today, ivWatch, LLC, an innovative IV safety company working to eliminate harm caused by infiltration and extravasation events, announced three new strategic distribution partnerships internationally. Bameco in Austria, Warba Medical Supplies in Kuwait, and Mustafa Sultan Science & Industry Co, LLC in Oman have each signed exclusive agreements to promote, sell, and support ivWatch's continuous monitoring products in their markets. ivWatch's novel technologies will complement and bolster their existing portfolios of intravenous products provided to hospitals and other health care facilities.
ivWatch solutions continue to be available in more countries throughout the globe and with the addition of Austria, Kuwait, and Oman, clinicians will now be able to improve their bedside decision-making with real-time IV infiltration data. Continuous IV site monitoring provides accurate and precise insights to detect infiltrations and extravasations at their earliest stages. ivWatch's proprietary algorithm detects infiltrations promptly and notifies clinicians of adverse IV therapy events often hours before they are detectable by visual or tactile examination.1
"At ivWatch, we are on a steadfast mission to improve IV safety globally and we are extremely passionate about partnering with likeminded innovators who share that same relentless pursuit to advance patient safety," said Chuck Egress, Vice President of Business Development and Emerging Markets at ivWatch. "IV infiltrations and extravasations are a major global patient safety concern, and these new partnerships provide increased access to advanced safety solutions to help end complications and improve patient outcomes in IV therapy."
ivWatch has over 60 patents worldwide and received its first FDA clearance in 2015 for its IV site monitoring system that consists of an ivWatch Patient Monitor and a reusable optical biosensor that uses visible and near-infrared light to continuously measure changes in the optical properties of the tissue near an IV insertion site. In 2020, the company expanded its portfolio of sensor solutions and received FDA clearance for a single-use, miniaturized biosensor that is cleared for all patient age groups, sizes, and skin tones. Both sensors work seamlessly with the intuitive user interface on the Patient Monitor, which issues audible and visual "Check IV" alerts for the clinician to assess the IV site. ivWatch technology performs with high accuracy, intelligence, and low false alarm rates, which is critical to improving patient outcomes.
To learn more about ivWatch, visit www.ivWatch.com or follow the Company's social media platforms for the latest updates on new continuous monitoring innovations in IV safety.
1 Doellman, D. and Rineair, S. (2019) The use of optical detection for continuous monitoring of pediatric IV sites. Journal of the Association for Vascular Access: Summer 2019, Vol. 24, No. 2, pp. 44-47.
About ivWatch, LLC
ivWatch, LLC is a biosensor technology company focused on improving patient safety and the effectiveness of intravenous therapy. Our dedicated and passionate team is pioneering the use of optical sensors to detect adverse IV events early to minimize the risk of injury caused by infiltrations and extravasations. Our innovative continuous monitoring IV solutions are backed by decades of clinical research and device development. To learn more, follow us on Twitter @ivWatch, Facebook @ivWatchLLC, LinkedIn @ivWatch or visit www.ivWatch.com.
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SOURCE ivWatch, LLC | https://www.wibw.com/prnewswire/2022/08/11/ivwatch-extends-its-global-reach-signing-three-new-distribution-partners/ | 2022-08-11T15:23:25Z |
PRINCETON, N.J., April 21, 2022 /PRNewswire/ -- The Bank of Princeton (the "Bank") (NASDAQ: BPRN) today reported its unaudited results of operations and financial condition for and at the quarter ended March 31, 2022. The Bank reported net income of $6.0 million, or $0.91 per diluted common share, for the first quarter of 2022, compared to net income of $6.2 million, or $0.92 per diluted common share, for the fourth quarter of 2021, and net income of $4.9 million, or $0.70 per diluted common share, for the first quarter of 2021. The decrease in net income, when compared to the three months ended December 31, 2021, was primarily due to a reduction of $146 thousand in net-interest income, a $421 thousand reduction in non-interest income and a $305 thousand increase in operating expenses, partially offset by a $410 thousand reduction in income taxes payable and no provision for loan losses recorded for this quarter compared to the $300 thousand recorded in the prior quarter. The increase in net income, when comparing it to the three months ended March 31, 2021, was primarily due to an increase in net interest income of $1.1 million, a $1.1 million decrease in the provision for loan losses and a $183 thousand increase to non-interest income, partially offset by a $1.0 million increase in non-interest operating expenses and a $229 thousand increase in income tax expense.
Highlights for the quarter-ended March 31, 2022 are as follows:
- The Bank initiated a second 5% stock buyback program during the first quarter by purchasing 124,440 shares of common stock at a weighted average price of $29.04.
- Net interest income for the first quarter of 2022 increased $1.1 million or 7.4% over the same period in 2021.
- The Bank decreased its cost of funds on deposits by 30 basis points in the first quarter of 2022 from the same period in 2021.
- The ratio of nonperforming loans to total loans continues to be low at 0.08% as of March 31, 2022 compared to 0.09% at December 31, 2021 and compared to 0.14% at March 31, 2021.
President/CEO Edward Dietzler stated that, "The Bank started 2022 with a very strong performance in loan growth with an increase of $102.1 million or 32.4% annualized excluding the Payroll Protection Program loan portfolio, deriving a strong net interest margin of 4.09%."
Balance Sheet Review
Total assets were $1.68 billion at March 31, 2022, a decrease of $9.7 million, or 0.6% when compared to $1.69 billion at the end of 2021. The primary reason for the decrease in total assets was a decrease in cash and cash equivalents of approximately $64.7 million, and a $4.7 million decrease in available-for-sale securities, partially offset by an increase of $60.0 million in net loans. The increase in net loans primarily consisted of a $59.1 million increase in commercial real estate loans and a $46.2 million increase in construction and development loans, partially offset by a decrease of $43.0 million in Payroll Protection Program ("PPP") loans.
Total deposits at March 31, 2022 decreased $4.6 million, or 0.3%, when compared to December 31, 2021. When comparing deposit products between the two periods, certificates of deposit decreased $24.1 million and non-interest-bearing deposits decreased $12.6 million. These decreases were partially offset by an increase in savings accounts of $12.6 million, an increase of $10.1 million in demand accounts and a $9.4 million increase in money market accounts. In addition, the Bank had no outstanding borrowings at March 31, 2022 and December 31, 2021.
Total stockholders' equity at March 31, 2022 decreased $3.3 million or 1.5% when compared to the end of 2021. This decrease was primarily due to the $4.5 million decrease in the accumulated other comprehensive income on the available-for-sale investment portfolio associated with an increase in unrealized losses due to the increase in interest rates, and $3.6 million of common stock repurchased in the 2022 buyback program, partially offset by a $4.3 million increase in retained earning consisting of $6.0 million of net income less $1.7 million of cash dividends recorded during the period. The ratio of equity to total assets at March 31, 2022 and at December 31, 2021, was $12.7% and 12.8%, respectively.
Asset Quality
At March 31, 2022, non-performing assets were $1.4 million, a decrease of $16 thousand, or 1.1%, when compared to the amount at December 31, 2021. This decrease was primarily due to principal payments received during the three months ended March 31, 2022. Troubled debt restructurings ("TDRs") totaled $6.8 million at March 31, 2022 and $6.9 million at December 31, 2021. Three TDR loans totaling $6.1 million are performing in accordance with the agreed-upon terms and there is one loan in non-accrual status as of March 31, 2022.
As part of the Bank's commitment to provide assistance during the COVID-19 pandemic, the Bank agreed to defer either the principal portion or both principal and interest payments for its customers who requested the deferral and were not delinquent prior to the government shut down. All but one customer returned to their regular payment schedule. As of March 31, 2022, the Bank had only one loan that was modified totaling $9.0 million. Under current accounting guidance, these loans are not required to be classified as TDRs.
Review of Quarterly Financial Results
The $162 thousand decrease in net income this quarter when compared to the previous quarter was largely a result of a $333 thousand decrease in interest income, partially offset by a $187 thousand, or 13.3%, decrease in interest expense, partially resulting from a four basis points reduction in the rate on total deposits. Interest income for the first quarter of 2022 included approximately $1.2 million in accelerated accretion attributable to deferred fees received from PPP loans, due to the U.S. government forgiving the debt and paying off the loans. The net interest margin for the first quarter of 2022 was 4.09%, increasing 13 basis points when compared to the fourth quarter of 2021. This increase was primarily due to a 10 basis point increase in the yield on the earning assets and a reduction of five basis points in total interest bearing deposits. When comparing the three month periods ended March 31, 2022 and 2021, net interest income increased $1.1 million, which was primarily due to a reduction in interest expense of $807 thousand and an increase of $292 thousand in interest income. The total rate on average interest-bearing liabilities, which includes non-interest-bearing deposits, for the three month periods ended March 31, 2022 and 2021 was 0.34% and 0.60%, respectively.
The Bank did not record a provision for credit losses for the three month period ended March 31, 2022. The comparable amounts were $300 thousand and $1.1 million for the three months ended December 31, 2021 and March 31, 2021, respectively. The primary reasons for the provision for credit losses for the fourth and first quarters of 2021 were charge-offs in the amounts of $245 thousand and $1.1 million, respectively. As of March 31, 2022, the Bank did not apply any qualitative factors to the loans originated from PPP, based on the U.S government's guarantee and the Coronavirus Aid, Relief and Economic Securities Act requirement to classify these loans at 0% in determining risk-based capital ratio. The coverage rate of allowance for credit losses to period end loans was 1.19% (excluding PPP loans, the coverage ratio was 1.23%) at March 31, 2022, compared to 1.10% (excluding PPP loans, the coverage ratio was 1.31%) at March 31, 2021, which reflects management's assessment of the credit quality in the loan portfolio.
Total non-interest income for the first quarter of 2022 increased $183 thousand, or 21.2%, to $1.0 million when compared to the same period in 2021. This increase was primarily due to a $139 thousand increase in other non-interest income attributed to a credit on start-up costs related to a SBIC fund and a $73 thousand increase in deposit fees earned, partially offset by a $31 thousand reduction to loans fees.
Total non-interest expense for the first quarter of 2022 increased $1.0 million, or 12.2%, when compared to the same period in 2021. This increase was primarily due to $791 thousand increase in salaries and benefits expenses, a $164 thousand increase in data processing and communication expenses, a $136 thousand increase in Federal deposit insurance costs and $69 thousand increase in advertising costs, partially offset by a $101 thousand decrease in professional fees and a $42 thousand decrease in occupancy and equipment expenses.
For the three month period ended March 31, 2022, the Bank recorded an income tax expense of $1.6 million, resulting in an effective tax rate of 21.1%, compared to an income tax expense of $2.0 million resulting in an effective tax rate of 24.6% for the three month period ended December 31, 2021, and compared to an income tax expense of $1.4 million resulting in an effective tax rate of 22.2% for the three month period ended March 31, 2021.
COVID-19
The full impact of the coronavirus continues to evolve as of the date of this press release. As such, it is uncertain as to the full magnitude that the pandemic will have on the Bank's financial condition, liquidity, and future results of operations.
The Bank continues to work closely with its loan customers to educate and guide them on their options for financial assistance, including possible payment relief through deferral and waived fees. The Bank continues to endeavor to provide a fast and flexible response to the quickly changing circumstances.
About The Bank of Princeton
The Bank of Princeton is a community bank founded in 2007. The Bank is a New Jersey state-chartered commercial bank with 19 branches in New Jersey, including three in Princeton and others in Bordentown, Browns Mills, Chesterfield, Cream Ridge, Deptford, Hamilton, Lakewood, Lambertville, Lawrenceville, Monroe, New Brunswick, Pennington, Piscataway, Princeton Junction, Quakerbridge and Sicklerville. There are also four branches in the Philadelphia, Pennsylvania area. The Bank of Princeton is a member of the Federal Deposit Insurance Corporation ("FDIC").
Forward-Looking Statements
The Bank of Princeton may from time to time make written or oral "forward-looking statements," including statements contained in the Bank's filings with the FDIC, in its reports to stockholders and in other communications by the Bank (including this press release), which are made in good faith by the Bank pursuant to the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended.
These forward-looking statements involve risks and uncertainties, such as statements of the Bank's plans, objectives, expectations, estimates and intentions that are subject to change based on various important factors (some of which are beyond the Bank's control). The following factors, among others, could cause the Bank's financial performance to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements: the extent of the adverse impact of the current global coronavirus outbreak on our customers, prospects and business, including related supply chain shortage of goods, as well as the impact of any future pandemics or other natural disasters; civil unrest, rioting, acts or threats of terrorism, or actions taken by the local, state and Federal governments in response to such events, which could impact business and economic conditions in our market area, the strength of the United States economy in general and the strength of the local economies in which the Bank conducts operations; the effects of, and changes in, trade, monetary and fiscal policies and laws, including interest rate policies of the Board of Governors of the Federal Reserve System; inflation, interest rate, market and monetary fluctuations; market volatility; the value of the Bank's products and services as perceived by actual and prospective customers, including the features, pricing and quality compared to competitors' products and services; the willingness of customers to substitute competitors' products and services for the Bank's products and services; credit risk associated with the Bank's lending activities; risks relating to the real estate market and the Bank's real estate collateral; the impact of changes in applicable laws and regulations and requirements arising out of our supervision by banking regulators; other regulatory requirements applicable to the Bank; and the timing and nature of the regulatory response to any applications filed by the Bank; technological changes; acquisitions; changes in consumer spending and saving habits; those risks set forth in the Bank's Annual Report on Form 10-K for the year ended December 31, 2021 under the heading "Risk Factors," and the success of the Bank at managing the risks involved in the foregoing.
The Bank cautions that the foregoing list of important factors is not exclusive. The Bank does not undertake to update any forward-looking statement, whether written or oral, that may be made from time to time by or on behalf of the Bank, except as required by applicable law or regulation.
Contact George Rapp
609.454.0718
grapp@thebankofprinceton.com
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SOURCE The Bank of Princeton | https://www.mysuncoast.com/prnewswire/2022/04/21/bank-princeton-announces-first-quarter-2022-results/ | 2022-04-21T21:32:51Z |
Panthers trade up, draft Mississippi QB Corral in 3rd round
By STEVE REED
AP Sports Writer
CHARLOTTE, N.C. (AP) — The Carolina Panthers selected quarterback Matt Corral from Mississippi after trading into the bottom half of the third round. Corral was selected 94th overall Friday night. He is the fourth quarterback selected following Pitt’s Kenny Pickett, Cincinnati’s Desmond Ridder and Liberty’s Malik Willis. The Panthers gave up this year’s fourth round pick and next year’s third-round pick to the New England Patriots to get Corral. Carolina’s next pick is in the fifth round on Saturday. | https://localnews8.com/sports/ap-national-sports/2022/04/29/panthers-trade-up-draft-mississippi-qb-corral-in-3rd-round/ | 2022-04-30T05:44:52Z |
Avs beat Blues 5-3, match team record for points in season
By PAT GRAHAM
AP Sports Writer
DENVER (AP) — Valeri Nichushkin scored one of Colorado’s three goals in the second period and the Avalanche held on late to match the franchise record for points in a season with a 5-3 win over the St. Louis Blues. Erik Johnson and Josh Manson also scored in the second. Artturi Lehkonen added a goal just nine seconds into the third period to make it 4-1. St. Louis rallied late, but Nazem Kadri ended the threat by scoring an empty-net goal with 46.2 seconds left. The Avalanche have amassed 118 points to tie the team mark set by the 2000-01 squad. Ryan O’Reilly scored twice and Brandon Saad added another for the Blues. | https://localnews8.com/sports/ap-national-sports/2022/04/26/avs-beat-blues-5-3-match-team-record-for-points-in-season/ | 2022-04-27T05:39:53Z |
Bell County residents will have to look elsewhere Wednesday if they want to renew their vehicle’s registration.
Tax Assessor-Collector Shay Luedeke, who runs the county’s vehicle registration office, announced his office’s one-day closure to the public Tuesday afternoon. He said that the offices would be closed six out of the next seven Wednesdays for needed training and the clearing of backlogged work.
The days the office will be closed include July 13, 20, 27 and Aug. 10, 17 and 24, with the department to reassess its progress after.
Residents, Luedeke said, can visit an H-E-B or Brookshire Brothers in Bell County for their registrations. He said they can also go online through TxDMV.gov or on the Texas by Texas phone application.
“Our offices have been extremely busy with walk-in customers,” Luedeke said. “With internal turnover, our dedicated dealer clerks have had to shift to helping customers instead of working on dealer transactions to keep up with the load.”
County officials said the office currently has 38 full-time employees, with two open positions. Five of the current employees were hired this year and six others were hired last year.
While there are few open positions, Luedeke said that it can take new hires between six and nine months to complete their training and be able to handle all types of transactions.
Luedeke said most of the county’s offices, such as those in Temple, Belton and Killeen, will work on their own backlogs while also undergoing needed training.
“Each office has a backlog of dealer work except the Fort Hood branch,” Luedeke said. “Fort Hood staff will pick up dealer work from our Killeen office to help out. We also have some mandatory training modules to complete for the Texas Department of Motor Vehicles to maintain our access to the Departments Registration and Title System.”
Luedeke said he only gave residents a single day notice of the change to help encourage them to search for other options locally. | https://www.tdtnews.com/entertainment/local_events/article_9e791864-0211-11ed-a4b0-af17abe0a7d6.html | 2022-07-12T23:42:22Z |
BIRMINGHAM, Ala. (AP) — Dr. Hussein Abdul-Latif spent the last week typing out prescription refills for his young transgender patients, trying to make sure they had access to their medications for a few months before Alabama made it illegal for him to prescribe them.
He also answered questions from anxious patients and their parents: What will happen to me if I suddenly have to stop taking testosterone? Should we go out of state for care?
A new state law that took effect Sunday makes it a felony, punishable by up to 10 years in prison, for doctors to prescribe puberty blockers and hormones to trans people under age 19. A judge has not yet ruled on a request to block the state from enforcing the law.
The measure is part of a wave of legislation in Republican-controlled states focused on LGBTQ youth. Bills have been introduced to limit discussion of gender and sexual identity issues in younger grades or to prohibit kids from using school restrooms or playing on sports teams that don’t align with their sex at birth.
Abdul-Latif, a pediatric endocrinologist and co-founder of a clinic in Birmingham to treat children with gender dysphoria, said he is very discouraged by the Alabama law. He said it was already hard enough for families in this very conservative state to come to terms themselves with their children’s situations. They had already faced the social stigma and “the difficult decision of leaving their church family or being viewed less worthy,” he said.
But gradually, he said, trans kids became more visible and there was a greater openness in the state for them to come out.
“They always existed, but they often did not have the feeling of empowerment to come out, or come out to their physicians,” he said. “And now that they are, we’re hitting them back with legal action.”
Abdul-Latif notes that the American Academy of Pediatrics and the Pediatric Endocrine Society both endorse the treatments that clinics here and in other states are providing for transgender youth.
In contrast, “The state is not only saying I am criminal for prescribing those medications, but it’s saying that my organization of thousands of physicians, pediatricians and pediatric endocrinologists are maybe partners in that criminal enterprise,” he said.
Four Alabama families with transgender children have filed a lawsuit challenging the new state law as unconstitutional. The U.S. Department of Justice has joined the suit. A federal judge heard evidence this week on a request to block the state from enforcing the statute while the legal challenge goes forward. More than 20 medical and mental health organizations, including the American Academy of Pediatrics, have also urged the judge to block the law. A decision is expected sometime this week.
Alabama maintains the law is about protecting children. “The science and common sense are on Alabama’s side. We will win this fight to protect our children,” Alabama Attorney General Steve Marshall said last week.
Now that the law is in effect, families are wondering if they will have to move out of state and doctors are worried about what will become of their patients.
Abdul-Latif, who is originally from Jordan, and pediatrician Dr. Morissa Ladinsky both moved to Alabama years ago to work as instructors and physicians at the University of Alabama at Birmingham. In 2015, after seeing more families with kids identifying as trans and seeking help for gender-related issues, they decided to found a clinic to treat children with gender dysphoria. They now treat more than 150 young people who are transgender or gender diverse.
Ladinsky, who testified last week as a witness in the lawsuit, told The Associated Press that she felt like she was “walking in a nightmare” when the Alabama Legislature approved the ban. She says the measure is an unprecedented legislative overreach into the decisions of parents and the practice of medicine.
“This is the first time ever that I can remember, at least for pediatricians, that we are literally forced to choose between the Hippocratic Oath we took to ‘do no harm’ and never abandon our patients versus the facing of a potential felony conviction,” she said.
Ladinsky quickly agreed to co-found the gender clinic in Birmingham when Abdul-Latif approached her about it. She had moved to the city from a hospital in Cincinnati, Ohio, that had a pediatric gender health team, and was familiar with the treatments.
But that wasn’t all. She also had taken a route to work each morning that brought her by the spot where Ohio transgender teen Leelah Alcorn had stepped in front of an oncoming tractor-trailer in 2014. Leelah left a suicide note that read, “My death needs to mean something. … Fix society. Please.”
Some of the children Abdul-Latif and Ladinsky have treated in the Birmingham clinic came to them after suicide attempts, the doctors said. One patient tried to kill themselves five times, he said. A 2021 survey by the Trevor Project, a nonprofit organization focused on suicide prevention efforts among LGBTQ youth, found that 52% of transgender and nonbinary youth seriously considered suicide in the past year, and 1 in 5 reported attempting suicide.
“In our minds, there is no doubt they saved my daughter’s life,” said David Fuller, whose daughter was among the first patients treated in Birmingham.
Jessica Fuller, now 22, was 16 when she first came to the clinic after telling her father that she was trans. “The dysphoria was awful and I was thinking about suicide more often than I wish to talk about,” Fuller wrote in an email.
She called the new Alabama law “a waste of time and money.”
“It’s terrifying not just for the kids but the doctors and nurses just trying to help kids not kill themselves,” she wrote. “Are you gonna arrest him for something so harmless?”
Abdul-Latif said he understands that some people may be skeptical over the medical treatments for transgender kids.
“But to make it into a law and make it into a felony — that is way beyond skepticism,” he said, adding that the law “basically closes … a very important dialogue in the country about what is better and what is best for kids with gender dysphoria.”
“I welcome an argument. I welcome skeptical voices. I do not welcome imposing voices that leave no discussion,” he said.
David Fuller, a police sergeant in the city of Gadsden, said he’s angry that the law could lead to officers putting handcuffs on the people he calls heroes and credits with saving his child.
“I’m a police officer and I know what a crime is,” Fuller said. “I know what a criminal is. These people are not criminals. It’s political crap.” | https://cw33.com/news/u-s-news/ap-u-s-headlines/transgender-treatment-doctors-threatened-by-new-alabama-law/ | 2022-05-10T01:06:01Z |
Which tycoon games are best?
Finding the best tycoon games in this day and age can be difficult, especially because some of the original business simulation games we grew up on are becoming harder and harder to find. Luckily, many of them are still available through online retailers or specific game stores, so you shouldn’t need to go that far to fulfill your nostalgia needs.
In any case, you can find the classic ”Rollercoaster Tycoon Megapack,” including multiple “Rollercoaster Tycoon” games from various retailers, worth every penny spent for old players and newcomers alike.
What to know before you buy tycoon games
What gaming system do you own?
While the best tycoon games will always come down to the buyer’s preferences and needs, and the utmost need is determining what gaming system you plan to play your tycoon games on. While many users have found tycoon games available for Playstation and Xbox consoles, most will play their tycoon games on a PC and others may find them elsewhere, like on a smartphone or in other formats.
Type of tycoon games you prefer
Searching for the best PC games can be intimidating, especially if you already know what genre of game you want but haven’t narrowed it down to a single game. All in all, the best tycoon games will come entirely down to individual preference, so gaining an idea of what type of games you like to play before you buy is a good and safe idea.
Single-pack vs. multi-pack
While many older tycoon games originally came in a single pack, including just one game, you can now find many classic games bundled into a multi-pack of games. While some will all be along the lines of a single game, like “Rollercoaster Tycoon,” others may include various tycoon games, capturing a wide range of simulated business or life games.
What to look for in a quality tycoon game
Compatibility
First and foremost, it’s essential to make sure your tycoon game will run correctly on your device before you buy. It’s easy to make sure that your game is compatible with your system by searching specifically for a compatible game and double-checking before you purchase. You can find the information in the description as to which system a game operates, whether it’s a computer, console, phone or otherwise. Tycoon games for PC are most common, though you can likely find some version of the genre available to whatever system you have.
Concept remake or original game
Many tycoon games created follow-up or remake games to their originals, with some adding extra features or game modes. For example, there are several different “Rollercoaster Tycoon” games. While the first “Rollercoaster Tycoon” is a nostalgic blast for many buyers, “Rollercoaster Tycoon 3” offers users the option to ride the roller coasters virtually.
Replayability
Getting your money’s worth out of a game in the modern age of gaming primarily comes down to how much you can play or replay a game. Games with high levels of variants and scenarios often give the user the ability to replay the games hundreds of times without getting bored of the concept, so finding a game that does include a wide range of features can be particularly helpful. This is also where getting a multi-pack game may make a difference, so you can rotate games in and out as you lose interest.
How much you can expect to spend on tycoon games
Because many of the games are a little old, it may be helpful to be careful about pricing. In your search, you may find old copies of games trying to sell for more than what they’re worth, simply due to their novelty. In general, you can find single and multi-packs of tycoon games for $5-$30, with some even cheaper if they come in the form of phone apps or even more expensive if they’re coming from a strange retailer.
Tycoon games FAQ
What are tycoon games?
A. Tycoon games usually refer to a genre of games that involves building up a person’s business or life by making the right decisions as the game continues. They’re often fun for those who like to play games pretending to be business people, though standard life simulator games like The Sims sometimes also have tycoon game elements.
Does the same company own all tycoon games?
A. No, there are many tycoon game companies with a wide range of games, which is mainly beneficial to the consumer. Still, you can find the ultimate classic Rollercoaster Tycoon games on a variety of platforms.
What’s the best tycoon game to buy?
Top tycoon game
Rollercoaster Tycoon Game Megapack For PC with 9 Rollercoaster Tycoon Games
What you need to know: This megapack includes nine different editions of the classic Rollercoaster Tycoon game and works for all users with a PC and a Steam account.
What you’ll love: Includes all three editions of each Rollercoaster Tycoon franchise, including the first, second and third editions with expansions. This megapack is great for those looking to play the classic Rollercoaster Tycoon franchise, no matter which game they find most nostalgic or if the games are new to them.
What you should consider: It only works on Windows computers, and users must either have or download Steam to make this copy work. It does not include any games that aren’t Rollercoaster Tycoon.
Where to buy: Sold by Amazon
Top tycoon game for the money
Mega Tycoon 10 Complete Tycoon Games For PC Pack
What you need to know: This pack of tycoon games has a little bit for everyone, including tycoon games for growing your hotel, restaurant, zoo, train, other means of transport, business or water park, making it perfect for fulfilling your inner-entrepreneur.
What you’ll love: It includes 10 separate tycoon games, including Hotel Giant 2, Restaurant Empire, Zoo Giant, Train Giant, Transport Giant, Water Park Simulator and Industry Giant II. These games are highly addictive and will keep your attention for hours to come as you watch your wealth grow.
What you should consider: This particular set of games only works with a PC and isn’t available to console gamers. Some buyers also had trouble making this work with Windows Vista, despite working with other Windows software.
Where to buy: Sold by Amazon
Worth checking out
The Sims 4 Limited Edition Life Simulator Tycoon Game
What you need to know: While it may not be a tycoon game by name, The Sims 4 is another classic simulator game that follows an individual’s day-to-day life, lets users build houses, hold down jobs and generally maintain their lives on either PC, Playstation or Xbox consoles.
What you’ll love: The Sims is another classic franchise, and while it isn’t inherently a tycoon game, it’s one of the most popular simulated games. Start a relationship, business or hobby, or just sit around and enjoy a custom-built house. The choice is totally up to you.
What you should consider: Those who would rather run businesses, parks or manage other macro-scale industries may want to go with an actual tycoon game instead.
Where to buy: Sold by Amazon
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/toys-games-br/video-games-br/the-best-tycoon-game/ | 2022-06-20T08:47:55Z |
DETROIT, June 22, 2022 /PRNewswire/ -- Airspace Link Inc, a leading provider of drone safety software and data solutions, announced the completion of a $23M Series B capital raise led by Avanta Ventures with new investment from Morningside, Caprock, and follow-on investment from Altos Ventures, Indicator Ventures, 2048 Ventures, Detroit Venture Partners, and Thales Group.
Founded in 2018 in Detroit, Michigan, Airspace Link has seen rapid growth over the past few years, as it drives the industry forward in safely integrating drones into communities at scale. The company has raised a total investment of $37M, expanding its impact and value for partners and customers exponentially in the past year alone. The team has put that capital to work, rapidly expanding products and services while growing from 17 employees to near 50.
"Drones are an exciting new form of mobility, with advanced hardware now available at scale. Airspace Link provides the safety infrastructure for drones, focusing on the precise data, software, and analytics required to support scalable operations. Airspace Link's products and services, through the AirHub® Platform, are utilized in all aspects of the industry, whether for informing safety cases, compliance, policy decisions, risk management, or insurance modeling. We're excited to rapidly expand our offerings and societal impact with this infusion of capital. " says Michael Healander, Co-Founder & CEO of Airspace Link.
As the venture capital arm of CSAA Insurance Group, a AAA insurer, Avanta Ventures is aligned with one of the top personal lines of property and casualty insurance underwriters in the United States.
"Our investment in Airspace Link aligns with our deep focus on mobility innovation, safety, and risk management," says David Li, Principal at Avanta Ventures. "We look forward to working with Airspace Link to accelerate aerial mobility in the safest manner for consumers and communities at scale."
With this funding, Airspace Link will continue to invest in and expand on initiatives to support the safe scaling of drone usage through:
- Delivering safe, performant, and neutral Supplemental Data Service Provider (SDSP) and UAS Service Supplier (USS) capabilities to enable the acceleration of UAS Traffic Management (UTM) ecosystems.
- Partnering with and supporting drone manufacturers, operators, software, and service providers to jointly execute on our shared vision.
- Strategically expand services globally, with partners like Thales Group and Esri, to support our current customers' expansion and new market development.
- Expanding Airspace Link's Federal Aviation Administration (FAA) public-private partnership, through programs such as LAANC USS, BEYOND, Remote ID, and more initiatives in the United States.
- Continuing to partner with State & Local Government to drive investment supporting drone infrastructure, enabling them to unlock economic, environmental, and social equity objectives delivered through advanced aerial mobility.
"A great validator of go-to-market strategy has been the excitement and buy-in we've seen from investors and partners on our financial business model and partner-centric approach. The confidence of investors, as shown by this capital raise, will enable us to meet the rapidly growing demand we're seeing in the market, both in the U.S. and globally." said Bill Johnson, CFO of Airspace Link.
Airspace Link's vision is to create a world where the safe integration of drones fuels human progress, advancing social equity, the environment, and the economy. Founded in Detroit in 2018 by CEO Michael Healander, Airspace Link is one of the few FAA Approved UAS Service Suppliers of the Low Altitude Authorization & Notification Capability (LAANC) in the United States. Airspace Link's cloud-based platform, AirHub®, provides the digital infrastructure required to support the safe use of recreational and commercial drones in communities at scale, supporting the growth of drone operations, drone service providers, drone manufacturers, package delivery, and air taxi deployment in the future. Learn more at www.airspacelink.com.
Press Contact
Casie Ocana, Casie.ocana@airspacelink.com
Vice President, Marketing, Airspace Link
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SOURCE Airspace Link | https://www.mysuncoast.com/prnewswire/2022/06/22/airspace-link-completes-23m-series-b-round-led-by-avanta-ventures-accelerate-safe-integration-drones/ | 2022-06-22T18:29:35Z |
Alpha 3 Cloud Brings Benefits of Confidential Computing, IaaS, and PaaS Solutions to Customers with HPE GreenLake.
PROVIDENCE, R.I., June 29, 2022 /PRNewswire/ -- Alpha 3 Cloud®, a high-performance cloud service provider, today announced that it has acquired the USA Cloud Operations and Infrastructure Assets of CloudSigma a premier cloud services provider headquartered in Zug Switzerland. The USA Cloud operations that were acquired are located in Northern VA, and Silicon Valley. The company also announced it has joined the HPE Partner Ready Service Provider (PRSP) program as a Confidential Computing IaaS and PaaS cloud provider for thousands of HPE partners and customers. Alpha 3 Cloud® becomes the first PRSP member to offer the Confidential Computing Cloud delivered as a service.
As organizations increasingly seek to utilize a public cloud for emerging blockchain, machine learning/AI, and multi-party compute workloads public cloud hosting concerns continue to grow, notably over data privacy cost predictability, vendor lock-in, regulatory compliance, network performance and lack of control over sensitive data. Enterprises and public sector organizations are looking for cloud services that use Secure Enclave Technology and Infrastructure to assure data privacy and security by default.
Designed to address these challenges, Alpha 3 Cloud's Confidential Computing Cloud and Infrastructure solutions complement on-premises HPE hardware deployments to enable seamless hybrid cloud capabilities and secure, compliant data operations. Built exclusively on HPE Gen10+ hardware, Alpha 3 Cloud®'s enterprise-grade Confidential Computing Cloud, is designed to support sensitive data and workloads that require superior performance, predictability, compliance, and control. Alpha 3 Cloud® and HPE bring to market a suite of hybrid cloud solutions as a service, enabled by HPE GreenLake. These solutions include cloud hosting and infrastructure, cloud storage, and containers, which can all be scaled to meet increasing customer needs with the flexibility of HPE GreenLake. Alpha 3 Cloud® joined the HPE PRSP program with its unique confidential computing cloud infrastructure and storage solutions that provide the highest level of Security and Privacy Assurance available today.
"With the intense focus on data privacy and security, how an organization addresses the many challenges of security, high performance and compliance – on-premises, in the cloud and at the edge – has become critical to their success," said Xavier Poisson Gouyou Beauchamps, Vice President, Service Providers and Cloud28+, Hewlett Packard Enterprise. "Alpha 3 Cloud® is an asset to the HPE PRSP program bringing comprehensive Confidential Computing solutions and industry leading Secure Enclave Cloud Services to the ecosystem of offerings for customers."
"Customers can now leverage the economics of the cloud for applications and workloads that contain highly sensitive data. Up until now customers could protect their data at rest and data in-motion, but not their data in-use. Nor could they share data outside their organization to accelerate the value of Machine Learning/Artificial Intelligence and Federated Learning. They can now," said Ron Sacks, CEO at Alpha 3 Cloud®. "We look forward to partnering with customers to provide them with cloud-based Confidential Computing solutions that will protect their most sensitive data."
Alpha 3 Cloud®'s powerful cloud solutions, combined with HPE's world-class hardware and other joint solutions delivered "as a service," feature world-class security controls and predictable cost to help organizations protect and share data, lower costs, and avoid vendor lock-in.
Alpha 3 Cloud® is a division of Provdotnet, LLC that delivers hybrid cloud, IaaS, and PaaS solutions designed for secure, compliant data operations. Alpha 3 Cloud® helps leading organizations comply with strict data privacy regulations, protect their most sensitive data, control costs and minimize vendor lock-in while enabling a range of emerging use cases like blockchain, machine learning/artificial intelligence and multi-party computing initiatives. Alpha 3 Cloud®'s confidential computing cloud and enterprise- feature the latest HPE Gen10+ with Intel SGX secure hardware and an OPEX billing model. These solutions support hybrid, private and multi-cloud capabilities while providing superior security, performance, predictability, and control. Learn more about Alpha 3 Cloud® by visiting www.alpha3cloud.com or for general inquiries contact info@alpha3cloud.com
Hewlett Packard Enterprise (NYSE: HPE) is the global edge-to-cloud company that helps organizations accelerate outcomes by unlocking value from all of their data, everywhere. Built on decades of reimagining the future and innovating to advance the way people live and work, HPE delivers unique, open and intelligent technology solutions as a service. With offerings spanning Cloud Services, Compute, High Performance Computing & AI, Intelligent Edge, Software, and Storage, HPE provides a consistent experience across all clouds and edges, helping customers develop new business models, engage in new ways, and increase operational performance. For more information, visit: www.hpe.com.
Contact
Ron Sacks
401-441-5213
ron@Alpha3Cloud.com
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SOURCE Provdotnet, LLC | https://www.mysuncoast.com/prnewswire/2022/06/29/provdotnet-acquires-usa-assets-cloudsigma-launches-alpha-3-cloud-services-joins-hpe-partner-ready-service-provider-program/ | 2022-06-29T12:41:04Z |
WASHINGTON, DC, Sept. 16, 2022 /PRNewswire/ - The founders of the District Cup are pleased to announce the 102nd District Cup presented by Truist will be played on the National Mall on Sunday, September 25.
The 2022 District Cup benefits: Nats4Good, Georgetown University Hospital - Capital Breast Cancer Center, Boys and Girls Club of Greater Washington, and The Jamaur Law Foundation.
Games are played at West Potomac Park: 4592 Ohio Drive SW, Washington, DC 20418
- 12:30 PM - Cultural Polo Cup Final
- 2:00 PM - The District Cup Final
- 4:00 PM - Trophy & Award Presentations
Admission is by ticket only or for press with pre-cleared credentials. Contact Christian Bentley: christian.bentley@thedistrictcup.com to obtain credentials to cover the event.
On-camera interviews and video opportunities with polo ponies are available at Twilight Polo on Saturday, September 17 between 6-8:30 pm at Great Meadow in The Plains, Virginia. Additional advanced coverage opportunities include the preliminary matches of the District Cup being played from 1- 4 pm on Friday, September 23 at Great Meadow Sheila C. Johnson Polo Field in The Plains, Virginia.
"We are delighted to celebrate 102 years of polo on the National Mall with this year's District Cup. We can't wait to host members of the Diplomatic Corps in addition to the local DC community in what promises to be a fantastic celebration of sports, international friendship, and our beautiful capital city" said Nico Baca, co-founder of the District Cup.
Co-chairs of the 2022 District Cup are: Scotty Greenwood, Tamon George, Jocelyn Moore, Sandy Thurman, Linda Moore, Charlie Muldoon, and founders Nico Baca and Dario Sotomayor.
Since 1920, the District Cup has been played at West Potomac Park. District Cup organizers work closely with the National Park Service and various polo clubs across the country and several international federations to actively recruit players, horses, and polo experts to keep our beloved horses, riders, and guests safe. The District Cup is an inclusive event intended to provide access to polo and encourage participation in the sport.
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SOURCE The District Cup | https://www.wibw.com/prnewswire/2022/09/16/district-cup-annual-charity-polo-match-national-mall-be-played-september-25/ | 2022-09-16T12:37:00Z |
MILWAUKEE, July 8, 2022 /PRNewswire/ -- MGIC Investment Corporation (NYSE: MTG) has announced plans to release its second quarter 2022 financial results after the market closes on Wednesday August 3, 2022. A conference call/webcast has been scheduled for 10:00 a.m. Eastern Time on Thursday August 4, 2022, to discuss the Company's results for the quarter ended June 30, 2022.
Please note that there is a new process to access the call via telephone. Individuals interested in joining by telephone should register for the call "here" to receive the dial-in number and unique PIN to access the call. It is recommended that you join the call at least 10 minutes before the conference call begins. The call is also being webcast and can be accessed via the Company's Investor website found at http://mtg.mgic.com under Newsroom. A replay of the webcast will be available on the Company's website through September 5, 2022.
About MGIC
Mortgage Guaranty Insurance Corporation ("MGIC") (www.mgic.com), the principal subsidiary of MGIC Investment Corporation, serves lenders throughout the United States, Puerto Rico, and other locations helping families achieve homeownership sooner by making affordable low-down-payment mortgages a reality through the use of private mortgage insurance.
From time-to-time MGIC Investment Corporation releases important information via postings on its corporate website, and via postings on MGIC's website for information related to underwriting and pricing and intends to continue to do so in the future. Such postings include corrections of previous disclosures and may be made without any other disclosure. Investors and other interested parties are encouraged to enroll to receive automatic email alerts and Really Simple Syndication (RSS) feeds regarding new postings. Enrollment information for MGIC Investment Corporation alerts can be found at https://mtg.mgic.com/shareholder-services/email-alerts. For information about our underwriting and rates, see https://www.mgic.com/underwriting.
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SOURCE MGIC Investment Corporation | https://www.wibw.com/prnewswire/2022/07/08/mgic-investment-corporation-schedules-2nd-quarter-2022-earnings-call/ | 2022-07-08T22:24:22Z |
This inclusive Italian Heritage Curriculum is a model for teaching the heritage of all students, and it meets all NJ DOE Core Curriculum Content Standards.
TRENTON, N.J., July 2, 2022 /PRNewswire/ -- The Conference of Presidents of Major Italian American Organizations (COPOMIAO) is working closely with the New Jersey Italian Heritage Commission (NJIHC) on the national rollout of an equitable, diverse and inclusive curriculum model that uses heritage as a guide to better educate U.S. students in both public and private schools. It is titled: The Universality of Italian Heritage.
Through this K-12 infusion model, Italian cultural content in all subjects in grades K-12 can be integrated into a school district's existing, approved curriculum. Every lesson begins with an Italian theme then expands to incorporate the heritage of all students.
COPOMIAO is inviting state commissioners/superintendents, dozens of dioceses, and Vatican officials to introduce this model to as many U.S. schools as possible. The lesson plans have been carefully designed and thoroughly tested, and they're available online at no cost.
"We are confident that The Universality of Italian Heritage will open the door to an educationally stimulating and rewarding experience for teachers and students throughout the country," said Cav. Gilda Rorro Baldassari, Ed.D., who chairs the NJIHC Curriculum Development Committee. "Italy, through its art, philosophy, innovation and culture, heavily influenced and accelerated the development of the modern world, so it seems fitting that we use Italian heritage as a catalyst to create more enriching curricula for every student."
In addition to its lessons, the curriculum has implemented its AMICIZIA (Friendship) program. This "Gemellaggio" (twining) program takes students on a journey seldom traveled in education. It provides personal contact experiences, an international bilingual experience, and a vehicle for "piloting" new lessons through zoom.
Learn more at: njitalianheritage.org
Formed in 1975 and based in NYC, The Conference of Presidents of Major Italian American Organizations (COPOMIAO) is comprised of 54 of the most influential cultural, educational, fraternal and anti-defamation groups in the nation.
Chaired by Robert DiBiase and housed in the New Jersey Department of Education since 2002, the New Jersey Italian Heritage Commission (NJIHC) was formed to strengthen the cultural identity of Italians and Italian Americans. "We accomplish this through public educational programs that preserve and promote an accurate, bias-free, and non-stereotyped understanding and awareness of historical and current contributions and accomplishments of the Italian heritage," according to DiBiase.
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SOURCE The Conference of Presidents of Major Italian American Organizations | https://www.kxii.com/prnewswire/2022/07/02/absence-heritage-studies-us-lesson-plans-prompts-education-officials-introduce-k-12-curriculum-infusion-model/ | 2022-07-02T13:25:49Z |
Robbie Ray backed by 3 homers as Mariners beat Rangers 6-2
By LUKE OLSON
Associated Press
SEATTLE (AP) — Robbie Ray pitched six strong innings to win his home debut for Seattle, Eugenio Suárez hit a three-run home run in the first, and the Mariners beat the Texas Rangers 6-2. Ray, the reigning 2021 AL Cy Young Award winner, made his first two starts on the road and finally pitched in front of his new home crowd at T-Mobile Park after signing a $115 million, five-year contract. Sticking mainly to his four-seam fastball and slider, Ray allowed two runs and four hits, and struck out four. | https://localnews8.com/sports/ap-national-sports/2022/04/19/robbie-ray-backed-by-3-homers-as-mariners-beat-rangers-6-2/ | 2022-04-20T06:53:14Z |
MACOMB, Mich., June 1, 2022 /PRNewswire/ -- Ascent Aerospace, a leading provider of tooling systems, factory automation and integration services, will be an exhibitor at the upcoming Automate 2022 event in Detroit, Michigan from June 6-9. As the largest showcase of automation in North America, Automate will provide ample opportunities for companies to discover new and exciting innovations across a multitude of industries.
In booth 1604, Ascent Aerospace will be launching a newly designed, fully integrated Power Drive Unit (PDU) system. The PDU provides safe mobility of large fixtures or work stands for precise positioning to aircraft and other products. Key features of the PDU include 360° steering with a speed range of 0.5 to 10 °/second, velocity range of 1.5 to 60 feet per minute, a maximum intermittent drawbar force of 2,500lbs and controlled by a Siemens multi-touch HMI panel. The machine has safety area scanners, work stand automation controls and interlocks as well as distance sensing for safe positioning of the fixture relative to the aircraft.
In addition to the PDU, Ascent will have an interactive demonstration to show the advantages of utilizing Ascent's internally-developed offline programming (OLP) software. The display will highlight software features to simplify the programming interface and improve simulation speeds. Ascent will also have a 3D printed vacuum trim fixture on display, printed from an LSAM machine. The combination of these offerings illustrates Ascent's commitment to stay ahead of the curve and provide innovative solutions to unique manufacturing challenges across all industries.
To learn more about Ascent's automation capabilities, visit booth 1604 at Automate and discover how to achieve manufacturing excellence.
Ascent Aerospace is a world renowned, single-source provider of turnkey production and automated assembly systems for the aerospace, defense and space industries. As the industry's largest tooling and automation group, Ascent produces a full suite of composite tooling, including layup molds, mandrels, bond tools, and trim and drill fixtures, including the largest Invar molds ever made for aerospace. In addition, Ascent offers automated, high-precision drilling and fastening systems, having installed more than 2,200 systems globally. As an assembly line integrator, Ascent works with airframers to develop their project and see it through from process design and engineering through build and installation, to ensure it is an efficient and cost-effective solution.
Media Contact
Marisa Bennett - Marketing Manager
Marisa.Bennett@ascentaerospace.com
Tel: +1-586-817-9996
www.ascentaerospace.com
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SOURCE Ascent Aerospace | https://www.kxii.com/prnewswire/2022/06/01/ascent-aerospace-launch-power-drive-unit-automate-2022/ | 2022-06-01T12:01:24Z |
NEW YORK, June 1, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Innovative Industrial Properties, Inc..
Shareholders who purchased shares of IIPR during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
https://securitiesclasslaw.com/securities/innovative-industrial-properties-inc-loss-submission-form/?id=27905&from=4
CLASS PERIOD: May 7, 2020 to April 13, 2022
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (1) Innovative Industrial Properties' focus is to be a cannabis company lender rather than a REIT; (2) that the true values of the Company's properties are significantly lower than Innovative Industrial Properties represents; (3) there are existential issues in its top customers; (4) as a result, its top customers may not be able to continue making payments to Innovative Industrial Properties and the Company would face significant issues replacing these customers; and (5) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
DEADLINE: June 24, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/innovative-industrial-properties-inc-loss-submission-form/?id=27905&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of IIPR during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is June 24, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
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SOURCE The Gross Law Firm | https://www.kxii.com/prnewswire/2022/06/01/shareholder-alert-gross-law-firm-notifies-shareholders-innovative-industrial-properties-inc-class-action-lawsuit-lead-plaintiff-deadline-june-24-2022-nyse-iipr/ | 2022-06-01T10:24:43Z |
NEW YORK, Aug. 5, 2022 /PRNewswire/ -- GO Acquisition Corp. (the "Company") (NYSE: GOAC, GOAC.U, GOAC.WS), a special purpose acquisition company, today announced that it will redeem all of its outstanding shares of Class A common stock (the "public shares"), effective as of the close of business on August 17, 2022 (the "Redemption Date"), because the Company will not complete an initial business combination within the time period required by its Amended and Restated Certificate of Incorporation (the "Certificate of Incorporation").
As stated in the Company's registration statement on Form S-1, effective as of August 4, 2020, and in the Certificate of Incorporation, if the Company has not completed an initial business combination within 24 months of the closing of the Company's initial public offering, or August 7, 2022, the Company will: (i) cease all operations except for the purpose of winding up; (ii) as promptly as reasonably possible but not more than ten business days thereafter (subject to lawfully available funds therefor), redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the trust account including interest earned on the funds held in the trust account and not previously released to the Company to pay its taxes, if any (less up to $100,000 of interest to pay dissolution expenses), divided by the number of the then outstanding public shares, which redemption will completely extinguish the rights of the public stockholders (including the right to receive further liquidation distributions, if any), subject to applicable law; and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the Company's remaining stockholders and its board of directors, liquidate and dissolve, subject in each case, to its obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law.
The per-share redemption price for the public shares is expected to be approximately (but not less than) $10.01 (the "Redemption Amount"). In accordance with the terms of the related trust agreement, the Company expects to retain interest earned on the funds deposited in the trust account to pay the Company's tax obligations and $100,000 of dissolution expenses.
As of the close of business on the Redemption Date, assuming that a sum sufficient to redeem the public shares has been irrevocably deposited or set aside to pay the Redemption Amount for each public share, such public shares will be deemed to no longer be outstanding and will represent only the right to receive the Redemption Amount for each such public share.
The Redemption Amount will be payable to the holders of the public shares upon presentation of their respective stock or unit certificates or other delivery of their shares or units to the Company's transfer agent, Continental Stock Transfer & Trust Company. Beneficial owners of public shares held in "street name," however, will not need to take any action in order to receive the Redemption Amount.
There will be no redemption rights or liquidating distributions with respect to the Company's warrants, which will expire worthless.
The Company expects that the last day of trading of its units and common stock on the NYSE will be August 16, 2022, following which, the Company expects that the NYSE will file a Form 25 with the United States Securities and Exchange Commission (the "Commission") to delist its units and common stock on or about August 16, 2022. The Company thereafter expects to file a Form 15 with the Commission to terminate the registration of its securities under the Securities Exchange Act of 1934, as amended.
About GO ACQUISITION CORP.
GO Acquisition Corp. is a blank check company incorporated for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses or entities. The Company focused its efforts on identifying a prospective target business on travel-related and travel-adjacent businesses, with either all or a substantial portion of its activities in North America or Europe, though it was permitted to pursue targets in any industry.
Forward-Looking Statements
This press release includes "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. When used in this press release, the words "could," "should," "will," "may," "believe," "anticipate," "intend," "estimate," "expect," "project," the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. Such forward-looking statements are based on current information and expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward- looking statements should not be relied upon as representing the Company's views as of any subsequent date, and the Company does not undertake any obligation to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. You should not place undue reliance on these forward-looking statements. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements.
Media Contact:
Jonathan Greenspun
jgreenspun@MercuryLLC.com
212-681-1380
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SOURCE GO Acquisition Corp. | https://www.mysuncoast.com/prnewswire/2022/08/05/go-acquisition-corp-will-redeem-its-public-shares-will-not-consummate-an-initial-business-combination/ | 2022-08-05T22:53:29Z |
MONTERREY, Mexico (AP) — The U.S. women’s national team qualified for the 2023 World Cup on Thursday night at the CONCACAF W Championship.
The United States defeated Jamaica 5-0 at Estadio BBVA but had to wait until Haiti downed Mexico 3-0 in the late game to secure a spot in next summer’s World Cup in Australia and New Zealand.
With two victories at the W Championship, the United States was atop its group and became the first team to win one of the region’s four World Cup berths up for grabs. The U.S. women have qualified for every World Cup, winning the last two tournaments and four overall.
Sophia Smith had two goals for the United States in the opening eight minutes against the Reggae Girlz.
Rose Lavelle scored in the 59th minute and Kristie Mewis added a goal in the 83rd. Some three minutes later Trinity Rodman, daughter for former NBA player Dennis Rodman, scored her second international goal.
“Obviously, being a young player on this team, it can be a little bit intimidating, but I think I’ve found my confidence and I’ve just felt I can be myself on the field,” said Smith, who has eight international goals. “That’s just what I’ve been doing and my team has been super supportive of that.”
Megan Rapinoe was not available for the match because she was at the White House on Thursday to receive the Medal of Freedom, the nation’s highest civilian honor.
“We didn’t play well,” Jamaica coach Lorne Donaldson said. “You’re not going to play the world’s champ and play that bad and expect anything to come out of the game. We weren’t good.”
Roselord Borgella and Nerilia Mondesir converted penalty kicks and Sherly Jeudy added a goal for Haiti in the victory over Mexico, stunning the tournament hosts.
The Americans will face Mexico and the Reggae Girlz will play Haiti in their final group matches on Monday. Haiti could clinch its first World Cup berth with a tie or win over Jamaica.
Eight teams were playing in the W Championship, divided into two groups. The top two teams in each group qualify for the World Cup. The two third-place teams will advance to an intercontinental playoff in New Zealand in February.
The winner of the W Championship will also qualify for the 2024 Olympics.
Canada, Costa Rica, Panama and Trinidad and Tobago are in the other group.
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/us-women-beat-jamaica-5-0-at-the-w-championship/ | 2022-07-08T07:24:28Z |
BLAINE, Minn. (AP) — After reading he was the betting favorite for the 3M Open, Tony Finau felt the pressure surprisingly mount in his mind as he sought to extend the momentum he has built this summer.
Playing catch-up proved to be the right formula for his third PGA Tour victory.
Finau shot a 4-under 67 to win the 3M Open by three strokes Sunday, erasing a five-stroke deficit with 11 holes left as Scott Piercy tumbled out of the lead down the stretch at windy TPC Twin Cities.
“I expected myself to contend and win again this year, so to be able to do it this late in the season when you’re running out of tournaments and you put that type of expectation on yourself, it’s so satisfying,” said Finau, who finished at 17-under 267.
Sungjae Im (68) and Emiliano Grillo (71) tied for second place. Piercy followed his tournament-record 54-hole score with a wince-inducing 76 to tie for fourth, four strokes back. James Hahn surged up the board with a 65 to match Piercy and Tom Hoge (70) at 13 under.
Piercy bogeyed four of six holes before a triple-bogey implosion on No. 14, allowing Finau — playing in the preceding trio — to take over for good. Gracefully congratulated by Piercy outside the scoring tent, the 32-year-old Finau recorded the largest winning rally in four editions of this event.
“I’m about as good an example as any of how tough it is to seal the deal,” said Finau, whose prior victories were in 2016 and 2021. He has 10 second-place finishes and three thirds. “Anytime you win one, it’s awesome to get the respect of the guys that you’re playing against.”
The strongest support came, naturally, from his wife and five children. They stayed with him in a rented house next to the course and followed him from tee to green. Fishing expeditions and family meals helped Finau keep his mind off his swing when it didn’t need to be there.
“I’m a husband. I’m a dad. I’m their friend. I try to have a good time with them,” Finau said.
Finau, who tied for third at the 3M Open in 2020, jumped from 30th to 17th in the FedEx Cup race. He entered the week ranked 17th in the world.
Finau made a 31-foot putt for birdie on the 15th green to strengthen his grip on the lead, as he confidently walked the course in his slender 6-foot-4 frame, white hat and aqua-striped polo.
The surest sign this was Finau’s day came on No. 17. His tee shot clanged off the side of the grandstand, ricocheted back onto the green and rolled into the rough — just a few feet from the water. He landed the perfect chip within a foot of the hole to make the par 3, then smiled slightly as he playfully clamped his hand on his chest as if to pretend the sequence gave him heart trouble.
On the daunting par-5 18th, Finau found the water off the tee to face one final challenge. But with Piercy looking on from the fairway, Finau made a 3-footer for bogey to seal it. He pumped his fist several times, took off his cap and walked off to embrace his family.
Piercy shared the first-round lead with Im on Thursday after a 65 and pulled away from the pack Friday with a 64 to take a three-shot edge into the weekend. He stretched his lead to four strokes after enduring the 6 1/2-hour weather delay and a painful heel blister Saturday.
That was nothing compared to the grind he found himself in Sunday. He was at 20-under after six holes. Less than an hour later, Piercy was in trouble. After posting only three bogeys on his first 61 holes, he went over par on seven of his last 11. That included the 7 he turned in on No. 14.
Piercy’s tee shot landed in the fairway bunker, and his sand wedge didn’t get him out of the sand. With a risky, last-ditch approach to get back on track, his next try from the bunker splashed in the water short and left of the green — instead of a safer play to the right. After the drop, Piercy hit into the rough. Then his next attempt stopped 3 inches short of the cup.
This was the fourth time in six tries that Piercy held or shared the three-round lead and failed to win the tournament.
Grillo, the Argentine who tied for second at the John Deere Classic three weeks ago, also had a triple bogey that loomed large in the end, a 7 on No. 7. There were 303 balls in the water this week, the most all season on tour.
“Tony pressed really hard on the gas, and he just made it very hard for everybody,” Grillo said.
___
More AP golf coverage: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/finau-wins-3m-open-by-3-with-late-surge-piercy-collapse/ | 2022-07-25T19:36:02Z |
Summary: A Forbes-awarded executive search agency in the Americas, Barbachano International is now commemorating 30 years in operation.
SAN DIEGO, Aug. 23, 2022 /PRNewswire/ -- Founded in 1992, Barbachano International Executive Search Firm is a leading recruitment and leadership advisory based in San Diego, CA. With more than three decades of experience in helping businesses find top executive talent, the firm has successfully placed thousands of candidates in executive-level positions, across a variety of industries. CEO Fernando Ortiz-Barbachano attributes the company's success to its team of experienced customer-obsessed executive recruiters and their focus on building long-term relationships with clients and candidates.
CEO Fernando Ortiz-Barbachano also made an official statement for the press "Our 30th anniversary is a significant milestone for Barbachano International. As we reflect on our company's past, the relationships we have nurtured, and the talented people we have put out onto their professional journeys, we look forward to a future of new possibilities and even better opportunities. We have leveraged cutting-edge systems and business framework to solidify our status as a premier provider of recruitment and leadership advisory solutions in North America." He added, "I am very thankful for our talented and hard-working team who has made Barbachano International synonymous with "high impact human capital solutions."
Executive VP, Octavio Lepe said, "as we celebrate the completion of three decades, we are very confident that the coming years will bring accelerated growth for our company, as it penetrates new high-growth markets, implements revolutionary technology and tools to identify and select top-tier executives."
Barbachano International is fully geared to lead the future with the same intensity, dedication, and creativity that has distinguished it from others since its inception. Having received the prestigious title of 'America's Best Executive Search Firms' for six consecutive years by Forbes magazine, the company aims to honor this legacy while moving towards a future of tech-driven solutions and added benefits at all steps of the human capital supply chain.
Barbachano International is the premier executive search and leadership advisory firm in the Americas (USA, Mexico, Canada, and Latin America) with a focus on diversity and multicultural target markets. Barbachano International (BIPSEARCH) has been recognized by Forbes as Americas' Best Executive Search Firms for 6 consecutive years and currently ranks #26 and #3 on the West Coast.
Media Contact
Company Name: Barbachano International, Inc.
Contact Person: Claudia Lorenzo
Email: claudia@bipsearch.com
Phone: 619-427-2310
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SOURCE Barbachano International, Inc. | https://www.kxii.com/prnewswire/2022/08/23/one-americas-best-executive-search-firms-barbachano-international-celebrates-30th-anniversary/ | 2022-08-23T16:49:13Z |
Big breakfast helps curb appetite, but has no effect on weight loss, study finds
(CNN) – Did you enjoy a big breakfast today?
A new study from the University of Aberdeen shows having a hearty breakfast can help curb hunger cravings throughout the day.
However, researchers found big breakfasts doesn’t help people lose weight.
The study looked at 30 people who had big breakfasts for four weeks and then big dinners for another four weeks.
Researchers found no difference in weight loss between the two, but participants reported being less hungry throughout the day after having a hearty meal at the beginning of the day.
This could be a big help for anyone working on overall appetite control.
It is important to note the participants were provided their meals, so the study does not account for whether they would have chosen to eat less or more during each phase of the research.
For more details, check out the study in the journal “Cell Metabolism.”
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/09/13/big-breakfast-helps-curb-appetite-has-no-effect-weight-loss-study-finds/ | 2022-09-13T17:35:33Z |
TSX: GPR | NYSE American: GPL
This news release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated October 15, 2021, to its short form base shelf prospectus dated September 10, 2021.
VANCOUVER, BC, Sept. 7, 2022 /PRNewswire/ - Great Panther Mining Limited (TSX: GPR) (NYSE-A: GPL) ("Great Panther" or the "Company"), reports a corporate update following the announcement on September 6, 2022, regarding the filing of a notice of intention to seek creditor protection (the "NOI").
Great Panther's Brazilian subsidiary, Mina Tucano Ltda. ("Mina Tucano") and its two shareholders, Beadell (Brazil) Pty Ltd and Beadell (Brazil 2) Pty Ltd, has filed a judicial reorganization proceeding in the judicial district of Rio de Janeiro, State of Rio de Janeiro, Brazil. The judicial reorganization proceeding is a court-supervised arrangement between debtors and their creditors to allow the debtors to attempt to restructure their operations and liabilities and in order to address a situation of financial distress.
Under the judicial reorganization proceeding, Mina Tucano and its shareholders will remain in possession of their assets and will continue to control and manage the business as a going concern. They will obtain protection against collection and enforcement actions in order to preserve their liquidity and assets and to effectively negotiate with their creditors a judicial reorganization plan intended to maximize stakeholder value.
A list of frequently asked questions related to the filing of the NOI and the judicial reorganization can be found on the Company's website at www.greatpanther.com/corporate/restructuring.
On September 6, 2022, as a result of the Company filing a notice of intention to make a proposal (the under the Bankruptcy and Insolvency Act ( Canada ), the Toronto Stock Exchange ("TSX") suspended trading of the Company's common shares and advised the Company that a delisting review would be required by the TSX. The TSX is reviewing the eligibility for continued listing on the TSX of the common shares of the Company pursuant to an expedited review process. The delisting review is expected to take place on September 16, 2022.
On September 6, 2022, the Company also received notice that the NYSE American (the "NYSE-A") has determined to commence proceedings to delist the Company's common shares from the NYSE-A. The NYSE-A notified the Company that it no longer complies with the continued listing standards set forth in the NYSE American Company Guide. If the Company elects not to appeal the delisting determination within seven calendar days, the delisting determination will become final. The Company is evaluating its options related to the delisting notice.
Great Panther Mining is a precious metals producer focused on the operation of the Tucano Gold Mine in Brazil where the Company controls a land package covering nearly 200,000 hectares in the prospective Vila Nova Greenstone belt. Great Panther is listed on the Toronto Stock Exchange under the symbol GPR and on the NYSE American under the symbol GPL.
This news release contains forward-looking statements within the meaning of the United States Private Securities Litigation Reform Act of 1995 and forward-looking information within the meaning of Canadian securities laws (together, "forward-looking statements"). Such forward-looking statements include but are not limited to the effects of the judicial reorganization proceeding in Brazil, including the ability of Mina Tucano and its shareholders to remain in possession of their assets, to continue to control and manage the business as a going concern, and to obtain protection against collection and enforcement actions in order to preserve their liquidity and assets and to effectively negotiate with their creditors a judicial reorganization plan intended to maximize stakeholder value.
These forward-looking statements and information reflect the Company's current views with respect to future events and are necessarily based upon a number of assumptions that, while considered reasonable by the Company, are inherently subject to significant procedural, operational, business, economic and regulatory risks and uncertainties, including risks related to the restructuring process and its impact on the Company's operations and financial conditions, uncertainty regarding the ability to obtain protection against all collection and enforcement actions during the judicial reorganization proceedings, uncertainty regarding the Company's ability to identify and pursue strategic alternatives that will maximize stakeholder value, and the risks described in respect of Great Panther in its most recent annual information form and management's discussion and analysis filed with the Canadian Securities Administrators and available at www.sedar.com and its most recent annual report on Form 40-F and management's discussion and analysis on Form 6-K filed with the Securities and Exchange Commission and available at www.sec.gov.
There is no assurance that these forward-looking statements will prove accurate or that actual results will not vary materially from these forward-looking statements. Although the Company has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, described, or intended. Accordingly, readers are cautioned not to place undue reliance on forward looking statements. Forward-looking statements and information are designed to help readers understand management's current views of our near- and longer-term prospects and may not be appropriate for other purposes. The Company does not intend, nor does it assume any obligation to update or revise forward-looking statements or information, whether as a result of new information, changes in assumptions, future events or otherwise, except to the extent required by applicable law.
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SOURCE Great Panther Mining Limited | https://www.wibw.com/prnewswire/2022/09/07/great-panther-mining-provides-corporate-update/ | 2022-09-07T12:03:54Z |
The Fund launched in June 2012 and has consistently delivered on its objective of positive risk-adjusted returns with less volatility than equity markets
NEW YORK, June 29, 2022 /PRNewswire/ -- AXS Investments, a leading asset manager providing access to alternative investments for growth and income, is proud to celebrate the tenth anniversary since the launch of the AXS Merger Fund (GAKIX).
GAKIX is the best-performing fund year-to-date in Morningstar's Event Driven category (out of 43 funds), generating positive performance amid this year's highly volatile markets, while the category is down an average of -3.49% and the S&P 500 is down -20.33% YTD. The fund's fact sheet provides quarterly returns and related information.
The fund continues to stand out as a source of uncorrelated returns relative to traditional stock and bond assets and highlighting its ability to be a source of diversification in today's challenging market environment.
GAKIX is sub-advised by Kellner Capital, a pioneer in Merger Arbitrage investing, having surpassed 40 years of Merger Arb investing for pensions, endowments and other institutional investors. GAKIX employs a "pure-play" merger arbitrage strategy that invests in a high-conviction portfolio of 25 to 50 publicly announced merger transactions. Since its inception, GAKIX has consistently captured profits from the spread in stock prices between the announcement and close of merger deals.
"We are excited to celebrate the ten-year anniversary of GAKIX in partnership with merger arb groundbreaker Kellner Capital, whose depth of experience and impressive track record is unmatched," said Greg Bassuk, Chief Executive Officer of AXS Investments. "Now more than ever, investors are eager for investments that can act in a complementary way to their traditional stock and bond allocations."
"As we celebrate ten years since the launch of GAKIX, our merger arbitrage strategy continues to deliver on its promises - specifically low correlation to equity and bond markets, low volatility, and diversification," said George Kellner, CEO and founder of Kellner Capital. "Our research process continues to allow us to identify opportunities to deliver the consistent risk-adjusted returns our investors have come to expect."
AXS Investments is a leading alternative investment manager providing a diversified family of alternative investments for growth, income and diversification. The firm empowers investors to diversify their portfolios with investments previously available only to the largest institutional and high net worth investors. The investor-friendly AXS funds are time-tested, liquid, transparent and managed by high pedigreed portfolio managers with long and strong track records. For more information, visit www.axsinvestments.com.
Kellner Capital is one of Wall Street's most seasoned hedge fund managers with a 40-year continuous operating history. Founded in 1981 as a merger arbitrage investment partnership, Kellner Capital is an independently owned alternative investment manager based in New York City. The firm is innovative and solution-minded, offering investors alternative investments in various structures, including hedge funds, mutual funds and separately managed accounts. Through the firm's alternative offerings, Kellner Capital seeks to deliver consistent, risk-adjusted returns while limiting downside volatility and correlation to the broader markets. For more information, visit www.kellnercap.com.
There are risks involved with investing including the possible loss of principal. Past performance does not guarantee future results. Diversification does not ensure profits or prevent losses. Investors should carefully consider the investment objectives, risks, charges and expenses of the fund before investing. To obtain a prospectus containing this and other important information, please click here to view or download a prospectus online. Read the fund's prospectus carefully before you invest.
Investments in companies subject to publicly announced transactions carry the risk that the proposed transaction may not be completed when, or under the terms, initially expected, which may impact its performance. Investments in foreign securities involve greater volatility and political, economic and currency risks and difference in accounting methods. Investments in small and mid-sized companies involve additional risks such as limited liquidity or greater volatility. Derivatives involve special risks including correlation, counterparty, liquidity, operational, accounting and tax risks. These risks may be greater than the risks presented by traditional investments. The Fund may make short sales of securities, which involves the risk that losses may exceed the original amount invested. The Fund may use leverage, which may exaggerate the effect of any increase or decrease in portfolio securities value or the Net Asset Value of the Fund, and money borrowed will be subject to interest costs. The Fund is non-diversified, meaning it may concentrate its assets in fewer holdings than a diversified fund. Thus, the Fund is more exposed to individual stock volatility than a diversified fund.
Distributed by IMST Distributors, LLC, which is not affiliated with AXS.
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SOURCE AXS Investments | https://www.wibw.com/prnewswire/2022/06/29/axs-merger-fund-gakix-marks-10-year-anniversary-1-event-driven-performer-ytd-time-tested-alternative-solution/ | 2022-06-29T13:33:03Z |
Family of 7 traveling across country suffer carbon monoxide poisoning, authorities say
NEW MADRID COUNTY, Mo. (KFVS/Gray News) – A Texas family of seven traveling across the country is recovering after they suffered from carbon monoxide poisoning.
On Aug. 21, the family’s vehicle, carrying five children, two adults and a large dog, was on the road for seven hours when the occupants noticed they were starting to feel sick in Missouri, KFVS reported.
The family stopped at a gas station when the five children became unresponsive, according to the New Madrid County Sheriff’s Department.
Deputies were called to the scene to detect carbon monoxide using devices. Officials said the devices showed levels of the odorless and colorless gas, and the family was rushed to a nearby hospital for treatment.
A spokesperson for the Missouri Medical Center in Sikeston said the family was released from the hospital and expected to survive.
The New Madrid County Sheriff’s Department was holding the family’s dog until they were out of the hospital.
The sheriff’s department urged drivers and travelers to ensure their vehicles were regularly maintained and repaired to avoid situations involving carbon monoxide poisoning.
Copyright 2022 KFVS via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/23/family-7-traveling-across-country-suffer-carbon-monoxide-poisoning-authorities-say/ | 2022-08-23T22:47:48Z |
CLEVELAND, July 7, 2022 /PRNewswire/ -- Brown Gibbons Lang & Company (BGL) is pleased to announce the financial closing of $33.4 million for the Tom Benson Hall of Fame Stadium at the Hall of Fame Village powered by Johnson Controls in Canton, Ohio. The project was refinanced through Stonehill PACE's retroactive Commercial Property Assessed Clean Energy (C-PACE) program. BGL's Real Estate Advisors team served as the exclusive financial advisor to the Hall of Fame Resort & Entertainment Company (NASDQ: HOFV) in the transaction.
The Hall of Fame Resort & Entertainment Company (HOFV) is a leading sports, entertainment, and media enterprise headquartered in Canton, Ohio. Established in 2020, the publicly traded company is the result of a business combination between HOF Village, LLC — a partnership between the Pro Football Hall of Fame and Industrial Realty Group (IRG) established in 2016 — and Gordon Pointe Acquisition Corp (GPAQ). Under the leadership of seasoned executive Michael Crawford, President & CEO of Hall of Fame Resort & Entertainment Company, HOF Village is poised to capitalize on its unique partnership with professional football. This platform allows for the continued development of an integrated resort complex that is the Hall of Fame Village, as well as other gaming and media verticals.
The themed, experiential, destination masterplan of the Hall of Fame Village includes three Phases. Phase I is complete and includes the Tom Benson Hall of Fame Stadium, Hall of Fame Village Sports Complex, and the newly renovated DoubleTree by Hilton Canton Downtown hotel. Phase II is underway and, when finished, will include the Constellation Center for Excellence, which received certificate of occupancy in October 2021, the Center for Performance, the Fan Engagement Retail Promenade, the Play Action Plaza, a Hilton Tapestry Hotel, and the Hall of Fame Indoor Waterpark, as well as an expansion of the Sports Complex, now named Forever Lawn Sports Complex. A future Phase III is also in the early planning stages, and could include additional attractions, dining, lodging, apartments, and other accommodations. The Hall of Fame Village campus is also home to the Pro Football Hall of Fame Museum, and while under separate ownership, the aligned synergies complement this destination masterplan.
Construction of the Tom Benson Hall of Fame Stadium was substantially completed in 2016, with continued development of the East End Zone and Constellation Center for Excellence west end zone video screen in 2021. The Tom Benson Hall of Fame Stadium holds up to approximately 23,000 spectators and hosts multiple sports and entertainment events, including the NFL Hall of Fame Game, Enshrinement, and Concert for Legends during the annual Pro Football Hall of Fame Enshrinement Week, as well as other premier sporting events such as the Historic Black College Hall of Fame Game, USFL championship games, and the Ohio State High School Football Championships, and is home to the Canton McKinley High School Football Team.
The Stadium is also equipped with cut-away seats, allowing it to serve as an elite concert venue. The Stadium has hosted performances by national recording artists such as Aerosmith, Tim McGraw, Pitbull, Toby Keith, and Maroon 5, with upcoming performances by Journey and Dave Chappelle planned for the 2022 Enshrinement weekend events.
Stonehill PACE is a leader in C-PACE financing for development projects, creating liquidity for eligible projects under construction and recently completed. This financial closing is the largest C-PACE transaction in the State of Ohio, and Stonehill's second largest C-PACE transaction nationwide.
"This transaction with the Hall of Fame Resort & Entertainment Company showcases how C-PACE financing is an advantageous financing option for different property types," said Jared Schlosser, Stonehill Senior Vice President and Head of Stonehill PACE. "Our ability to provide alternative financing options, including C-PACE, has allowed numerous projects like the Hall of Fame Village to come to fruition with rates and structures that have benefitted all parties."
This is the third PACE financing completed at the Hall of Fame Village, with $10.7 million leveraging the Constellation Center for Excellence, a 75,000-square-foot mixed-office and retail component, and the Center for Performance, a 100,000-square-foot exhibition hall and athletic performance space.
BGL's Real Estate Advisors Group offers comprehensive real estate investment banking services tailored to the middle market. It provides client-focused solutions with an emphasis on real estate advisory, debt, preferred and private equity placement, financial restructuring, recapitalizations, sale-leasebacks, structured finance, and asset acquisitions and dispositions across all asset classes. The team assists real estate owners and developers looking to form alliances and joint ventures with single-source capital providers to gain local and institutional access for all capital needs.
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, valuations and opinions, and other strategic matters. BGL has investment banking offices in Chicago, Cleveland, and Philadelphia, and real estate offices in Chicago, Cleveland, Denver, 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 https://www.bglco.com/.
About the Hall of Fame Resort & Entertainment Company
Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) is a resort and entertainment company leveraging the power and popularity of professional football and its legendary players in partnership with the Pro Football Hall of Fame. Headquartered in Canton, Ohio, the Hall of Fame Resort & Entertainment Company is the owner of the Hall of Fame Village powered by Johnson Controls, a multi-use sports, entertainment and media destination centered around the Pro Football Hall of Fame's campus. Additional information on the Company can be found at www.HOFREco.com.
About the Hall of Fame Village powered by Johnson Controls
Hall of Fame Village powered by Johnson Controls is a multi-use sports, entertainment and media destination centered around the Pro Football Hall of Fame's campus in Canton, Ohio. Owned by the Hall of Fame Resort and Entertainment Company (NASDAQ: HOFV, HOFVW), the Village currently has over $250 million worth of assets under management and is one of the largest ongoing construction projects in Ohio. Phase I of the project entailed the construction of the Tom Benson Hall of Fame Stadium, a world-class 20,000 seat, sports and entertainment stadium, and the Hall of Fame Village Sports Complex. Phase II, currently under construction, will add the Constellation Center for Excellence, the Center for Performance, a Fan Engagement Zone, a Hall of Fame indoor waterpark and a Hilton Tapestry Hotel. Phase III is currently in planning stages. For more information, visit www.HOFVillage.com.
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SOURCE Brown Gibbons Lang & Company | https://www.kxii.com/prnewswire/2022/07/07/bgl-real-estate-advisors-completes-334-million-c-pace-financing-tom-benson-hall-fame-stadium-hall-fame-village/ | 2022-07-07T21:28:31Z |
NEW YORK, June 30, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Inotiv, Inc. ("Inotiv" or the "Company") (NASDAQ: NOTV) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Inotiv investors who were adversely affected by alleged securities fraud between September 21, 2021 and June 13, 2022. Follow the link below to get more information and be contacted by a member of our team:
NOTV investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (1) Inotiv's acquisition, Envigo RMS, LL ("Envigo"), and Inotiv's Cumberland, Virginia facility (the "Cumberland Facility") engaged in widespread and flagrant violations of the Animal Welfare Act ("AWA"); (2) Envigo and Inotiv's Cumberland Facility continuously violated the AWA; (3) Envigo and Inotiv did not properly remedy issues with regards to animal welfare at the Cumberland Facility; (4) as a result, Inotiv was likely to face increased scrutiny and governmental action; (5) Inotiv would imminently shut down two facilities, including the Cumberland Facility; (6) Inotiv did not engage in proper due diligence; and (7) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
WHAT'S NEXT? If you suffered a loss in Inotiv during the relevant time frame, you have until August 22, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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SOURCE Levi & Korsinsky, LLP | https://www.kxii.com/prnewswire/2022/06/30/notv-lawsuit-alert-levi-amp-korsinsky-notifies-inotiv-inc-investors-class-action-lawsuit-upcoming-deadline/ | 2022-06-30T11:11:43Z |
New product enhancements equip partners with powerful solutions to seamlessly manage IT and security
CHICAGO, Sept. 8, 2022 /PRNewswire/ -- Keeper Security, the leading provider of zero-trust, zero-knowledge and FedRAMP Authorized cybersecurity software, today released an upgraded KeeperMSP platform that offers robust security and compliance solutions through an expanded portfolio of Keeper zero-trust security capabilities. These new market-leading features will help Managed Service Provider (MSP) partners oversee security and compliance for their customer base in an increasingly challenging threat landscape.
The platform enhancements include powerful add-on features and products that offer a broad range of new solutions for MSPs, including: Advanced Reporting & Alerts (ARAM) Module; BreachWatch®; Compliance Reporting; KeeperChat®; Secure File Storage; Keeper Secrets Manager and Keeper Connection Manager.
"At Keeper Security, we are committed to providing our MSP partners with the cutting-edge tools they need to achieve robust security and compliance for their internal users and the customers they support," said Darren Guccione, CEO and co-founder of Keeper Security. "With the upgrades to KeeperMSP, we are equipping partners with powerful new features that support a zero-trust security model for maximum protection. MSPs can now offer even more Keeper features to their users and managed companies to help detect threats and prevent attacks."
Security and compliance capabilities included in Keeper's upgraded MSP platform include:
- Advanced Reporting & Alerts (ARAM) Module, which empowers InfoSec administrators to monitor more than 100 different security and activity-related event types via customizable reports, real-time notifications and seamless integration into any third-party SIEM solution.
- BreachWatch®, which continuously scans the dark web and receives alerts on compromised passwords to take immediate action for preventing an account takeover attack.
- Compliance Reporting that provides on-demand visibility of access permissions for the organization's credentials and secrets, and supports audits for Sarbanes Oxley (SOX) and other industry regulations that require access-control monitoring and event auditing.
- KeeperChat®, which enables secure, ephemeral messaging across employee devices with the world's most secure messaging solution, protecting communications with end-to-end encryption.
- Secure File Storage that taps into Keeper's zero-knowledge encryption to put secure file storage, retrieval and decryption privileges in the hands of approved users only.
- Keeper Secrets Manager, which secures your environment and eliminates secrets sprawl by removing hard-coded credentials from your source code, config files and CI/CD systems.
- Keeper Connection Manager, which provides DevOps and IT teams with effortless access to RDP, SSH and Kubernetes endpoints through a web browser.
The upgraded Keeper MSP platform offers new revenue opportunities and competitive differentiation for users. The market-leading, differentiated features and bundling options will help MSPs keep pace in the ever-changing cybersecurity industry.
For more information on the KeeperMSP, please visit: https://www.keepersecurity.com/msp-password-manager.html.
To learn more about Keeper's full range of cybersecurity offerings, please visit: https://keepersecurity.com
About Keeper Security
Keeper Security, Inc. ("Keeper") is transforming the way organizations and individuals protect their credentials, secrets, connections and sensitive digital assets to significantly reduce the risks of identity security-related cyberattacks, while gaining visibility and control. Keeper is the leading provider of zero-trust and zero-knowledge security cloud services trusted by millions of people and thousands of organizations for password management, secrets management, privileged access, secure remote infrastructure access and encrypted messaging.
Keeper's products are the highest-rated in the industry across G2, Trustpilot, PCMag and U.S. News & World Report. For the last several years, Keeper has received several InfoSec Awards from Cyber Defense Magazine for its cybersecurity enterprise software. Keeper is SOC 2 and ISO 27001 certified, FIPS 140-2 validated and FedRAMP Authorized. Keeper is backed by Insight Partners, a leading venture capital and private equity firm with $90b AUM.
Media Contact
Katherine Benfield
Lumina Communications for Keeper Security
keepersecurity@luminapr.com
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SOURCE Keeper Security | https://www.mysuncoast.com/prnewswire/2022/09/08/keeper-security-launches-upgraded-msp-platform/ | 2022-09-08T12:12:12Z |
TULSA, Okla. (AP) — The Latest on the first round of the PGA Championship (all times local):
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6:45 p.m.
For the first time in more than two months, Masters champion and world No. 1 Scottie Scheffler had to sign for a round over par. And that included an eagle on his fifth hole.
Scheffler opened with a 1-over 71, leaving him six shots out of the lead in his quest to win the first two majors of the year. It could have been worse. He had to make a 15-foot par putt on the final hole at Southern Hills.
His last round over par was a closing 76 at The Players Championship in March.
Scheffler was 2 under until missing a 3-foot par putt on No. 12. He drove into the water on the 13th and made bogey. After a birdie on the 15th, he followed with two more bogeys.
It wasn’t a bad start considering he played in the afternoon. And it wasn’t bad compared with other top players. Scheffler played in a group of the top three players in the world. Jon Rahm at No. 2 had a 73, while Collin Morikawa at No. 3 shot a 72.
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4:45 p.m.
Brooks Koepka hasn’t played since the Masters, and it’s starting to show. The four-time major champion had a 40 on the front nine and has yet to make a birdie.
Koepka has been dealing with injuries the last few years. He shot 75-75 at the Masters and missed the cut. He pulled out of the Byron Nelson last week to help get ready for Southern Hills.
Koepka isn’t the only top player to struggle.
Patrick Cantlay, the PGA Tour player of the year, has three-putted twice for bogey and was 4 over through 12 holes. Dustin Johnson, who returned to competition last week following his wedding, has back-to-back bogeys and fell to 2 over through 12 holes.
From the afternoon starters, Masters champion Scottie Scheffler, former Masters champion Charl Schwartzel and Bermuda winner Lucas Herbert have done the best. They are at 2 under.
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3:15 p.m.
World No. 1 Scottie Scheffler has kick-started his opening round at the PGA Championship with an eagle on the fifth hole in the chase to catch leader Rory McIlroy.
The Masters champion was at even par until the par-5 No. 5 at Southern Hills. His second shot on the hole went 306 yards and left him inside of 11 feet to the pin for the putt.
McIlroy still tops the leaderboard after his 5-under 65 earlier in the day.
Tiger Woods said his right leg was “sore” after his first-round 4-over 74. The leg needed reconstructive surgery after an auto accident 15 months ago.
Woods was clearly favoring the leg on several holes Thursday and said he plans a “lots of ice baths” to prepare for Friday’s second round.
“Pressing off it hurts, and walking hurts, and twisting hurts,” Woods said. “It’s just golf.”
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1:30 p.m.
Rory McIlroy’s birdie on the final hole put him back on top early in the PGA Championship at Southern Hills.
The Northern Irishman held a commanding lead at 6-under, then gave back two shots before his strong finish at 5-under 65. American Will Zalatoris was a shot behind him with a 4 under.
Tiger Woods played in the same group with McIlroy. His round was a struggle and Woods will need a big recovery round Friday. He finished Thursday 4 over, tied for 82nd when he walked off the course after closing his round with consecutive bogeys.
Woods is playing his second competitive tournament after a car crash 15 months ago that nearly led to his right leg being amputated.
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12:30 p.m.
Another wild ride for John Daly has ended at the PGA Championship.
The 56-year-old Daly was the first to tee off at Southern Hills and he made it look like a blast from the past with two quick birdies. His name was on the leaderboard all morning. He was 2 under after a 7-foot birdie on the 10th hole.
And then he ran out of gas at the end. Daly finished with four bogeys over his last five holes. Three bogeys were from the bunker. He three-putted the 18th. He finished with a 74.
It still beats the rounds of 85-86 he shot last year at Kiawah Island. Whether Daly agreed is uncertain. He declined requests for an interview.
Rory McIlroy, meanwhile, made his first bogey on the par-3 sixth hole. With three holes left, he was leading by two over. Tiger Woods was still seven shots behind at 2-over par.
___
11:30 a.m.
Tiger Woods is starting to face an uphill battle early in the PGA Championship.
Woods was 2-under par at Southern Hills until he ran into trouble off the tee and around the greens on multiple holes. That led to four bogeys in a five-hole stretch to fall to 2 over. And he doesn’t need a leaderboard to see where that leaves him.
Rory McIlroy is playing alongside Woods. He made a 15-foot birdie putt on No. 2 to reach 5 under through 11 holes. He’s already seven shots ahead of Woods and Jordan Spieth, who also is in the feature group of the morning.
The surprise? John Daly is still hanging in there. He’s 2 under with three to play with a beard that is longer than the rough at Southern Hills.
___
11 a.m.
Rory McIlroy’s pursuit of his first major victory since 2014 is off to a big start in the opening holes of the PGA Championship at Southern Hills.
The Northern Irishman had a run of four consecutive birdies that earned him a spot at the top of the leaderboard at 4-under par after nine holes. Playing with Tiger Woods and Jordan Spieth in the featured group of the first round, McIlroy birdied holes Nos. 12-15. The group started on No. 10.
McIlroy is seeking his fifth major championship. He won the PGA in 2012 and 2014. He hasn’t led a round of a major championship since that 2014 victory.
Woods, playing in his second competitive tournament in his return from a car crash 15 months ago that nearly led to his right leg being amputated, was in a group tied for 20th at even par.
Three-time major winner Spieth was 2 over in his pursuit of a victory that would earn him a career Grand Slam.
___
7:25 a.m.
The PGA Championship began at Southern Hills with a stacked field that included Tiger Woods in one of the morning’s featured pairings but no defending champion after Phil Mickelson withdrew amid scrutiny last week.
Woods was due to go off with Jordan Spieth and Rory McIlroy in a grouping that is sure to have massive crowds packed into every corner of the compact, recently restored Perry Maxwell layout near downtown Tulsa.
That trio has combined to win 22 major championships.
As for Mickelson, the defending PGA champion chose to extend his hiatus from competitive golf after incendiary comments that he made about a Saudi-funded rival league that is due to hold its first event next month in London.
Bryson DeChambeau also is missing after he withdrew Wednesday to give more time for his injured wrist to heal.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/live-updates-pga-championship-gets-underway/ | 2022-05-20T02:38:10Z |
ISELIN, N.J., July 26, 2022 /PRNewswire/ -- Hexaware Technologies, one of the fastest-growing next-generation digital transformation providers, announced that it has been recognized as a Visionary by Gartner in their 2022 Magic Quadrant ™ for Public Cloud IT Transformation Services1. A complimentary copy of the full report is available here.
Among the 20 service providers placed on the quadrant, Hexaware was scored 2nd for Strategic Cloud Transformation, 3rd for Modernizing Legacy Applications and Enabling, Monitoring, and Optimization of Public Cloud, 4th for Knowledge Share, and 6th for Agile Migration.
Hexaware's clients are provided with a platform-based, self-service offering tailored for them, including a free assessment and customized recommendations.
Sharing his thoughts, Milan Bhatt, Corporate Vice President & Global Head, Healthcare & Insurance and Cloud Transformation, Hexaware, said, "Being named a Visionary in the Gartner Magic Quadrant is a testimony to our singular focus on delivering strategic cloud transformation for our customers. Automation has been our key strength, and our proprietary framework Amaze® has helped clients with rapid migration and modernization to cloud at velocity. We are committed to investing in innovation and IPs and look forward to raising the bar higher with continued momentum."
To know more about Hexaware's cloud transformation offerings, click here.
1Gartner, 'Magic Quadrant for Public Cloud IT Transformation Services,' Mark Ray, Tobi Bet, David Groombridge, Craig Lowery, DD Mishra, William Maurer, 20 July 2022.
Gartner Disclaimer
GARTNER and Magic Quadrant are registered trademarks and service marks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Hexaware
Hexaware is a global IT, BPS and consulting services company empowering businesses worldwide to realize digital transformation at scale and speed.
Learn more about Hexaware at http://www.hexaware.com. Take an immersive 360° virtual tour of our campuses worldwide at https://www.hexawareimmersive.com
Logo: https://mma.prnewswire.com/media/530945/Hexaware.jpg
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SOURCE Hexaware Technologies Ltd. | https://www.kxii.com/prnewswire/2022/07/26/hexaware-named-visionary-by-gartner-their-2022-magic-quadrant-public-cloud-it-transformation-services/ | 2022-07-26T12:20:13Z |
NEW YORK, Aug. 12, 2022 /PRNewswire/ -- Synaptogenix, Inc. (Nasdaq: SNPX) ("the Company"), a clinical-stage biopharmaceutical company developing regenerative therapeutics for neurodegenerative disorders, today announced that Dr. Daniel L. Alkon , the Company's President and Chief Scientific Officer, will appear as a featured guest on TD Ameritrade Network's "Trading 360" today, Friday, August 12, 2022 at 10:30am Eastern time (www.TDameritradenetwork.com).
Dr. Alkon will discuss the progression of treatments for Alzheimer's disease ("AD"), Synaptogenix's lead drug, Bryostatin-1, and its ongoing National Institutes of Health ("NIH") sponsored, Phase 2b clinical trial of Bryostatin-1 for patients suffering from advanced and moderately severe AD.
"Trading 360" with Nicole Petallides features Wall Street's best traders, analysts and technicians to break down sectors and stocks moving markets. "Trading 360" with Nicole Petallides focuses on disruptive companies and new technologies driving market headlines while providing investors a 360-degree actionable approach to trading.
Synaptogenix is a clinical-stage biopharmaceutical company that has historically worked to develop novel therapies for neurodegenerative diseases. Synaptogenix has conducted clinical and preclinical studies of its lead therapeutic candidate, Bryostatin-1, in AD. Preclinical studies have also demonstrated Bryostatin's regenerative mechanisms of action for the rare disease, Fragile X syndrome, and for other neurodegenerative disorders such as multiple sclerosis, stroke, and traumatic brain injury. The U.S. Food and Drug Administration has granted Orphan Drug Designation to Synaptogenix for Bryostatin-1 as a treatment for Fragile X syndrome. Bryostatin-1 has already undergone testing in more than 1,500 people in cancer studies, thus creating a large safety data base that will further inform clinical trial designs.
Additional information about Synaptogenix, Inc. may be found on its website: www.synaptogen.com.
Any statements contained in this press release that do not describe historical facts may constitute forward-looking statements. These forward-looking statements include statements regarding the anticipated initiation of a clinical trial to treat Multiple Sclerosis with Bryostatin and continued development of use of Bryostatin-1 for AD, Fragile X and other cognitive diseases. Such forward-looking statements are subject to risks and uncertainties and other influences, many of which the Company has no control over. There can be no assurance that the clinical program for Bryostatin-1 will be successful in demonstrating safety and/or efficacy, that we will not encounter problems or delays in clinical development, or that Bryostatin-1 will ever receive regulatory approval or be successfully commercialized. Actual results and the timing of certain events and circumstances may differ materially from those described by the forward-looking statements as a result of these risks and uncertainties. Additional factors that may influence or cause actual results to differ materially from expected or desired results may include, without limitation, the Company's inability to obtain adequate financing, the significant length of time associated with drug development and related insufficient cash flows and resulting illiquidity, the Company's patent portfolio, the Company's inability to expand its business, significant government regulation of pharmaceuticals and the healthcare industry, lack of product diversification, availability of the Company's raw materials, existing or increased competition, stock volatility and illiquidity, and the Company's failure to implement its business plans or strategies. These and other factors are identified and described in more detail in the Company's filings with the Securities and Exchange Commission. The Company does not undertake to update these forward-looking statements.
Contact Information:
Investors and Media
800-811-5591
ir@synaptogen.com
Robert Weinstein
Chief Financial Officer
Synaptogenix, Inc.
rweinstein@synaptogen.com
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SOURCE Synaptogenix, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/12/synaptogenix-announces-live-appearance-its-president-cso-streaming-financial-news-network/ | 2022-08-12T14:42:16Z |
Ohio State gets approval to trademark ‘The’ for merchandise
COLUMBUS, Ohio (AP) - Ohio State University has won its fight to trademark the word “The.”
The U.S. Patent and Trademark Office approved the university’s request Tuesday. The school says it allows Ohio State to control the use of “The” on branded products associated with and sold through athletics and collegiate channels, such as T-shirts, baseball caps and hats.
“THE has been a rallying cry in the Ohio State community for many years, and Buckeye fans who purchase official Ohio State gear support student scholarships, libraries and other university initiatives,” said Ben Johnson, the university’s senior director of media and public relations.
Johnson noted the university’s licensing and trademark program generates over $12.5 million a year in revenue, which helps fund student scholarships and university programs.
Ohio State started pursuing a trademark in August 2019 after fashion retailer Marc Jacobs had filed an application for the word a few months earlier. The company and the university reached a deal in August 2021 that allows both parties to use the branding.
The patent office rejected Ohio State’s initial application, finding the trademark appeared to be used for “merely decorative manner” and as an “ornamental feature” that didn’t appear to function as a trademark that would differentiate the items from others.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/06/23/ohio-state-gets-approval-trademark-merchandise/ | 2022-06-23T03:11:04Z |
SINGAPORE, Aug. 16, 2022 /PRNewswire/ -- MoonXBT, the innovative crypto social trading platform, has reached a statistical milestone with its Android application in Google Play Store surpassing 100k downloads early in August. Before this, MoonXBT also passed the code audit of its website by leading blockchain security company Certik.
In the meantime, other numbers of MoonXBT are reaching new highs as well. The daily active users of MoonXBT has exceeded 6 thousand among which more than 2 thousand are daily active traders. The total daily trading volume of all users on average of MoonXBT has reached over 200 million USDT. The users of MoonXBT covers a wide range of countries and regions across the world with main end users coming from Southeastern Asia - mainly Vietnam, Indonesia, and Malaysia, Turkey, Latin America, and Russia.
According to the platform, reaching these numbers is no easy job in a market like this considering many crypto exchanges have undergone trading volume shrinks and even lay-offs.
MoonXBT attributes its growth in application downloads, users and trading volume to multidimensional factors among which four major ones are: the long tail effect of the MoonXBT copy trading function, the continuous innovation of the platform's trading products, the timely user favourable policy for spot market and the strong support from community partners in core markets.
As a social trading platform, one of MoonXBT's flagship functions is copy trading which allows normal traders to follow the professional traders' trading strategy and have their orders placed and executed automatically in sync with the traders they follow. This saves time and increases the win rate for normal and moreover rookie traders especially in the volatile market. For professional traders, they enjoy a 10% share of the profits made from their followers' orders. As more and more traders with insufficient trading experience follow the steps of traders of their liking, they come to MoonXBT and download its application so that they can copy trade the traders on the platform.
On top of the above, MoonXBT has demonstrated large innovation capacity with trading products as a young exchange. In just a little over a year's time span, MoonXBT has grown from a solely contract trading platform to one with all sorts of trading products including liquid contract, warrant options, spot market and OTC. Most recently, it launched the perpetual swap, a kind of derivative product which never expires. The continuous product innovation is also attracting new users with different risk preferences and trading needs and therefore has contributed to the numbers.
In addition, to cater to the demands of users and lesson the burgers of the traders, MoonXBT is also one of the first few exchanges to implement zero fee policy for multiple trading pairs and later stable trading pairs. The timely policy also helped the platform to win over the users and boosted the MoonXBT application downloads.
Besides all the listed, one of the core reasons for MoonXBT's milestone achievement is the strong support from the communities especially the working partners from core markets. The major market of MoonXBT now is Southeast Asia in which MoonXBT already has local teams in three countries including Vietnam, Indonesia and Malaysia. MoonXBT is even one of the top three crypto exchanges in Vietnam. The platform has partnerships with various communities and influencers in the region and is actively exploring more co-operations. The platform is also expanding partnerships in other parts of the world actively.
The Google Play downloads breakthrough along with other growing numbers shows how effective the local communities are in facilitating the platform's growth which in turn bring benefits to the supporting communities. It is also a good testament of MoonXBT's multidimensional development.
For more details, please visit www.moonxbt.com
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SOURCE MoonXBT | https://www.kxii.com/prnewswire/2022/08/16/moonxbt-app-surpasses-100k-google-play-downloads-with-other-numbers-reaching-new-high/ | 2022-08-16T09:30:36Z |
CHICAGO, May 13, 2022 /PRNewswire/ -- Guaranteed Rate, a leader in mortgage lending and digital financial services, today announced it has partnered with CrossFit, the world's largest fitness community, to become the Official Mortgage Company of the 2022 NOBULL CrossFit Games.
The NOBULL CrossFit Games kicked off in February with the NOBULL CrossFit Open, which featured nearly 300,000 people across more than 150 countries competing in their local gyms. Top finishers from the Open advance to the virtual Quarterfinal and the in-person Semifinal rounds held on six continents to try to earn a spot to compete in the NOBULL CrossFit Games Finals in Madison, Wisc. on Aug. 3-7.
"We're delighted to welcome Guaranteed Rate as the Official Mortgage Company of the NOBULL CrossFit Games," said Justin Bergh, GM of Sport for CrossFit. "Guaranteed Rate has made a name for themselves by supporting competitors of all levels through their commitment to sport. Their investment in the Games will help us broadcast the results of our amazing athletes, coaches and community even further. And they'll be joining a great roster of partners who see and recognize the fittest fans on Earth."
The NOBULL CrossFit Games join an exciting range of Guaranteed Rate's other successful sports partnerships, which include the National Hockey League, the National Lacrosse League, Bassmaster, Life Time and the Professional Bowlers Association.
"We are thrilled to become the Official Mortgage Company of the NOBULL CrossFit Games, which draws some of the toughest, best athletes from all over the world to compete," said Steve McNelley, Guaranteed Rate's Vice President of Sports Marketing and Partnerships. "We can't wait to see these incredible athletes in action at the finals!"
The NOBULL CrossFit Games return to the Alliant Energy Center in Madison, Wisc. and will feature more than 600 athletes competing over the course of five days for the chance to win part of the record prize purse of $2.845 million.
Click here to learn more about the NOBULL CrossFit Games.
For more information about Guaranteed Rate, please visit rate.com.
About Guaranteed Rate Companies
Guaranteed Rate Companies is a leader in mortgage lending and digital financial services. Headquartered in Chicago, the Guaranteed Rate Companies has more than 10,000 employees in over 850 branches across the U.S., serving all 50 states and Washington, D.C. Since its launch in 2000, Guaranteed Rate Companies has helped more than 1 million homeowners with home purchase loans and refinances, with a total loan volume of more than $116 billion in 2021 alone. The company has cemented itself as an industry leader by introducing innovative technology, offering low rates and delivering unparalleled customer service. Honors and awards include: Top Lender for Online Service for 2018 by U.S. News & World Report; Best Mortgage Lender for Online Loans and Best Mortgage Lender for Refinancing by NerdWallet for 2021; HousingWire's 2020 Tech100 award for the company's industry-leading FlashClose℠ technology; No. 3 ranking in Scotsman Guide's 2021 list of Top Retail Mortgage Lenders; Chicago Agent Magazine's Lender of the Year for six consecutive years; and Chicago Tribune's Top Workplaces list for seven consecutive years. Visit rate.com for more information.
About CrossFit
CrossFit is the world's leading platform for health, happiness and performance. In the 20 years since its founding, CrossFit® has grown from a garage gym in Santa Cruz, California, into the world's leading health and fitness brand. CrossFit is committed to creating a welcoming and inclusive environment for everyone, and millions of people have already experienced CrossFit's transformational benefits through workouts in more than 12,000 affiliated gyms across more than 150 countries. CrossFit also organizes and operates the annual CrossFit Open, through which athletes at every level compete worldwide for a chance to advance to the NOBULL CrossFit Games, where top athletes compete for the title of Fittest on Earth™. To learn more, visit www.CrossFit.com.
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SOURCE Guaranteed Rate | https://www.wibw.com/prnewswire/2022/05/13/guaranteed-rate-named-official-mortgage-company-nobull-crossfit-games/ | 2022-05-13T19:45:45Z |
TAMPA, Fla., June 17, 2022 /PRNewswire/ -- This week, 17-year-old Lizzy from the Tampa Bay area joined nearly 50 pediatric patients from across the nation in meeting with their members of Congress as part of the Children's Hospital Association's annual Family Advocacy Week. Lizzy is a BayCare Kids patient at Winter Haven Hospital's Center for Behavioral Health Center, and together with her parents and leaders from BayCare, is advocating for improved access to mental health services for children and families.
Lizzy began exhibiting issues with impulse control and oppositional behaviors at 7 years old, which led to a diagnosis of ADHD, anxiety and depression. After several physical altercations in school initiated by Lizzy and demonstrating unintentional dangerous behavior, she began treatment that included medication and counseling.
"The incidents at school really opened our eyes to things Lizzy had probably been experiencing for some time," said Andrea, Lizzy's mother. "It was actually a blessing because we were able to identify the diagnosis while she was still young and begin medical treatment that would help her."
As Lizzy got older, she began experiencing more intense episodes of depression and after feeling extremely fragile during one incident she was briefly admitted to an in-patient treatment center. While it was a traumatic experience for Lizzy and her parents, her mother notes that it did help Lizzy find a counselor that she really connects with.
"She's non-judgmental and I feel like she really listens to me," Lizzy said. "It's great to have someone I can talk to about difficult things. She's helped me so much during the past five years."
Lizzy and her parents, Joe and Andrea, were joined by BayCare Behavioral Health Services Vice President Gail Ryder, Winter Haven Hospital Center for Behavioral Health Clinical Director Jeff Ware and BayCare Federal Government Relations Manager Lorena Hardwick during the virtual meetings with U.S. Representatives Gus Bilirakis, Kathy Castor and Darren Soto. They also met with staff from the offices of Reps. Vern Buchanan and Scott Franklin and U.S. Senator Rick Scott, and will meet with Sen. Marco Rubio and staff from Rep. Charlie Crist's office next week.
"Children with mental health challenges need specialized care and early intervention to make meaningful progress as adults," said Gail. "Meeting with our members of Congress is an important way we can share these vital patient stories and educate those who can make a difference – our lawmakers."
During the meetings, Andrea shared that while medication has helped, the support Lizzy receives through her counselor from BayCare's Center for Behavioral Health at Winter Haven Hospital has been crucial in helping her understand and manage her ADHD and depression and move forward.
"Mental health parity is essential to health care," said Lorena. "Together, Lizzy's family and BayCare are asking Congress to enforce parity laws to remove the barriers to mental health care and create access to affordable services."
The family also hopes that sharing their story highlights the benefit of telehealth services for mental health care. Having access to her counselor during the pandemic was vital for Lizzy, and her family is grateful she could continue her sessions from home through BayCare's telehealth visits.
"Maintaining permanent telehealth flexibility is essential for families with complex health care needs," Lorena adds.
BayCare is a leading not-for-profit health care system that connects individuals and families to a wide range of services at 15 hospitals and hundreds of other convenient locations throughout the Tampa Bay and west central Florida regions. Inpatient and outpatient services include acute care, primary care, imaging, laboratory, behavioral health, home care, and wellness. Our mission is to improve the health of all we serve through community-owned health care services that set the standard for high-quality, compassionate care. For more information, visit www.BayCare.org.
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SOURCE BayCare Kids | https://www.kxii.com/prnewswire/2022/06/17/teen-patient-joins-baycare-advocating-improved-access-mental-health-services/ | 2022-06-18T00:33:58Z |
Rudy Giuliani unmasked on ‘The Masked Singer’
By Chloe Melas
Rudy Giuliani, the former New York City mayor and former attorney to ex-President Donald Trump, was unmasked on Wednesday’s episode of Fox’s “The Masked Singer.”
Giuliani’s appearance on the show comes as no surprise.
Back in February, it was reported that two judges had walked off during the taping of the episode after Giuliani was unmasked.
The drama in the episode that aired was far more subdued.
After Giuliani was revealed as the person inside the Jack in the Box costume, judge Robin Thicke said, “This is definitely something I never would have guessed.”
Giuliani said in an interview with host Nick Cannon that he decided to come on the show to be an example for his granddaughter.
“I want her to know you should try everything — even things that are completely unlike you and unlikely — and I couldn’t think of anything more unlike me or unlikely than this,” he said.
Judge Ken Jeong was shown standing with his arms crossed during the interview, and walked away while Giuliani was still on stage giving a farewell performance of “Bad to the Bone.”
“I’m done,” Jeong said as he exited.
“The Masked Singer” airs Wednesdays on Fox.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/entertainment/cnn-entertainment/2022/04/20/rudy-giuliani-unmasked-on-the-masked-singer/ | 2022-04-21T05:44:44Z |
PARIS (AP) — French lawmakers on Monday failed to pass a no-confidence motion requested by a leftist coalition to symbolically mark their opposition to President Emmanuel Macron’s government and economic policies.
Although the vote failed, it was a new slap for Macron’s leadership. It came as Macron’s critics in parliament questioned his close relations with Uber and business lobbyists after an international media investigation revealed details of his conversations with Uber executives when Macron was France’s finance minister.
The leftist coalition, known as Nupes, championed the no-confidence motion in the wake of Prime Minister Elizabeth Borne’s first major speech to the National Assembly after last month’s parliamentary election.
Only 146 legislators approved the motion, far short of the 289 needed. While many lawmakers are angry at Macron’s policies, some opposition parties are also against the leftists and didn’t join them in the vote.
“Emmanuel Macron is the president of the lobbies, who drives for Uber,” said Mathilde Panot, the Nupes leader in the National Assembly. She called the vote an act of “defiance” and a reminder that many voters see Macron as representing the business world instead of struggling workers.
Macron’s government says it’s trying to do both. Borne, defending the government in parliament, called the vote a “political tactic” by lawmakers who are “angry with history” because they are no longer in power.
Nupes is the largest opposition force in the lower house of parliament, with 151 seats. Macron’s centrist alliance lost its majority in last month’s election but still has the most seats, at 250.
The conservative Republican party, which holds 62 seats, did not take part in the vote.
Far-right leader Marine Le Pen, runner-up in the last two French presidential elections and a staunch opponent of the leftists, denounced the no-confidence vote as a political move aimed to “make the Fifth Republic crumble.”
Still, speaking Sunday on French broadcaster BFM, Le Pen said her National Rally party, the largest right-wing opposition party with 89 seats, will use “all available power we have in the parliament against the government.”
The Uber investigation revelations fueled the anger of Macron’s critics.
“We have a president of the republic who wants to impose an American (business) model” on France, Communist Party lawmaker Fabien Roussel said on BFM. He accused Macron of wheeling and dealing with Uber executives and lobbyists behind the back of fellow members.
Several other left-wing officials criticized Macron after an international conglomerate of investigative journalists, including France’s Le Monde newspaper, revealed his meetings and communication with Uber executives and their lobbyists between 2014 and 2016, when Macron was minister of economy and finance. A lawmaker with the far-left France Unbowed party, Alexis Corbier, said an investigation into the matter might be launched in the parliament.
Uber has been operating in France since 2011. Its appearance unleashed furious resentment from French taxi drivers’ unions and years of legal battles over regulations and protections for its drivers.
Macron’s allies dismissed allegations that he did anything wrong.
“It’s amazing that the country is offended that the minister of economy had met with business leaders,” Aurore Berge, the leader of Macron’s Renaissance party in parliament, said Monday on broadcaster CNews. “Fortunately, he was doing his job.”
Normally, a new government in France requests a vote of confidence from the parliament to give more legitimacy to their agenda. But after the governing party lost its majority, Borne didn’t take that risk, breaking a long-time tradition.
___
Surk reported from Nice, France. | https://cw33.com/business/ap-business/no-confidence-vote-embodies-divided-french-parliament/ | 2022-07-12T14:19:36Z |
Wednesday forecast: The warming trend continues
Extreme heat by the weekend with a big cool down next week
TOPEKA, Kan. (WIBW) - Temperatures will continue to warm up by a couple degrees each day with highs more in the 90s vs 80s. By the weekend triple digit heat is possible for several areas before a cold front early next week brings relief with cooler temperatures and an opportunity for rain.
Taking Action:
With the warming trend continuing make sure you’re practicing heat safety. This includes hydrating and being mindful of not leaving kids in the backseat of a car especially as school is starting up and habits are changing. Leave something you would need to take with you inside next to your child in the backseat so you don’t forget.
Model uncertainty exists on whether a cold front pushes through Monday or Monday night which will impact how hot it is on Monday and/or if temperatures fall in the afternoon. Questions also remain on rainfall especially with how heavy the rain will be so keep checking back daily for updates on that as well.
Today: Sunny. Highs in the upper 80s-low 90s. Winds E 5-10 mph.
Tonight: Clear. Lows in the upper 50s to mid 60s. Calm wind.
Tomorrow: Sunny. Highs in the upper 80s-mid 90s. Winds E 5-10 mph.
Highs will be more in the 90s (less 80s) by Friday with 90s and 100s this weekend. While there still remains some minor differences in the models on how humid it will get, heat indices by the weekend could range anywhere from 100-107. This would be slightly cooler than this past weekend where heat indices were approaching 110°.
Next week remains uncertainty on specific timing of a cold front early in the week and how much rain there will be however confidence is high that relief from the heat will exist for much of the week with highs at or slightly below average.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/10/wednesday-forecast-warming-trend-continues/ | 2022-08-10T10:11:55Z |
WASHINGTON, July 4, 2022 /PRNewswire/ -- Below is a statement by U.S. Conference of Mayors CEO and Executive Director, Tom Cochran, on today's mass shooting in Highland Park (IL):
"Today as we celebrate our nation's independence and the freedoms we enjoy, we are reminded that we are not free from gun violence and that nothing, not even a Fourth of July parade in a suburban community, is immune. Every day gun violence kills more than 100 people in our country. Today, in one community alone, at least six people are dead and dozens more injured, apparently because a young man had access to a high-powered weapon and decided to target innocent children and families celebrating our country's birth.
"The nation's Mayors stand with Highland Park Mayor Nancy Rotering, the police officers and other officials who quickly responded, treated the wounded and guided those at the parade to safety, and the entire Highland Park community. Once again, we send our condolences to the victims and their families.
"As the nation's mayors speak out once again to decry yet another mass shooting, along with a daily death toll that occurs on the streets of cities across the nation, we all must ask what else we can do to reduce gun violence in our country. The Bipartisan Safer Communities Act enacted just one week ago will help and is an indication that Congress can act, but as today demonstrates more must be done in our cities, our states and in Washington."
About the United States Conference of Mayors -- The U.S. Conference of Mayors is the official nonpartisan organization of cities with populations of 30,000 or more. There are more than 1,400 such cities in the country today, and each city is represented in the Conference by its chief elected official, the mayor. Like us on Facebook or follow us on Twitter.
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SOURCE U.S. Conference of Mayors | https://www.mysuncoast.com/prnewswire/2022/07/04/statement-by-us-conference-mayors-highland-park-mass-shooting/ | 2022-07-04T23:39:54Z |
LOS ANGELES , July 1, 2022 /PRNewswire/ -- Bodybuilding.com, the world's largest online fitness store, has struck a deal to partner with Retail Ecommerce Ventures (REV), a global leader in ecommerce with a rapidly growing roster of well-known brands.
Bodybuilding.com specializes in dietary, sports, and bodybuilding supplements. Its platform includes an e-commerce store with private label ("Signature") and third-party brands, an interactive fitness coaching app ("Bodyfit"), and a loyal online community , ("BodySpace and Forum"), with over 15 million registered members.
REV's all-star team of e-commerce veterans will bring their deep domain expertise into substantial operational roles within Bodybuilding.com and help build upon the company's considerable online footprint.
"We couldn't be more excited to become partners in the Bodybuilding.com platform. My dad was a professional bodybuilder, and this is a brand I have been passionate about for nearly two decades", said Tai Lopez, who co-founded REV along with Alex Mehr. "This company's history is only in its first inning, and at a time when there's so much noise and confusion on the internet, Bodybuilding.com's trusted content, products, and community are more valuable than ever."
This partnership marks yet another high-profile deal for REV, whose mission is to transform iconic legacy brands into ecommerce success stories. Their impressive portfolio includes globally-recognized brands, such as Pier 1, Radio Shack, Dressbarn, Ralph & Russo, Stein Mart, Franklin Mint, Modell's, MentorBox, FarmersCart, Linens 'n Things, and more.
"We are thrilled to welcome Retail Ecommerce Ventures into the Bodybuilding.com family", said Karl Walsh, CEO of Bodybuilding.com. "Their expertise in e-commerce, digital marketing, technology, and community-building is a significant value-add to our platform and will further catalyze our growth both domestically and internationally. At Bodybuilding.com, we are stewards of a legacy that supports individuals building their bodies and their lives – and this relationship will enable us to achieve our mission at an even greater scale."
Bodybuilding.com has been helping people achieve their fitness, health, and wellness goals since 1999 alongside a loyal community of lifestyle enthusiasts that now boasts +11 million social media followers and +5 million YouTube subscribers.
Bodybuilding.com has become a pioneer in direct-to-consumer (DTC) e-commerce by combining commerce, community, and content. Through helping people achieve their fitness, health, and wellness goals, Bodybuilding.com has built one of the largest online sports nutrition stores in the world – with more than 10,000 products, 25,000 articles, 9,000 videos, and a loyal community of more than 15 million online subscribers.
Retail Ecommerce Ventures (REV) was founded by Alex Mehr and Tai Lopez in 2019 and is a global leader in ecommerce with a rapidly growing portfolio of brands that includes companies, such as Pier1, RadioShack, Steinmart, Modell's, Dressbarn and more that are recognized in every corner of the world. With unrivaled experience in digital marketing and advertising, they create thriving online stores where physical-first operations previously struggled. REV's deep domain knowledge and expertise helps transform iconic legacy brands into ecommerce success stories.
CONTACT:
info@bodybuilding.com
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SOURCE Bodybuilding.com | https://www.mysuncoast.com/prnewswire/2022/07/01/bodybuildingcom-forms-partnership-with-retail-ecommerce-ventures/ | 2022-07-02T00:00:25Z |
Extended partnership to further develop PFL SmartCage and Fighter Performance Rating technology
Working alongside Flagship, PFL is the MMA leader in maximizing a data-centric approach for fight fans, partners and the league's world-class competitors
PFL MMA Regular Season continues May 6 to more than 160 countries
NEW YORK, May 5, 2022 /PRNewswire/ -- The Professional Fighters League, the fastest growing and most innovative sports league, today announced it is partnering with Flagship Solutions Group, an IBM Gold Business Partner, for the 2022 season to utilize cloud-based products and artificial intelligence to reshape the way fans engage with the sport of MMA. Under the agreement, the league will leverage IBM's cloud and Watson technologies to further develop PFL's industry leading SmartCage technology and Fighter Performance Rating to maximize the value of its data-centric approach for fight fans, the world-class roster of athletes and its portfolio of blue-chip partners.
Working alongside Flagship, PFL has elevated the standard for measuring fighter performances. The insights gathered from SmartCage technology and Cagenomics data will be enhanced with IBM Watson machine learning to showcase what is taking place inside the cage and deliver accurate matchup outcome predictions for MMA fans around the world.
"The Professional Fighters League is pioneering the future of MMA with proprietary technology that enables showcasing the sport like never before, and we're thrilled to expand our partnership with Flagship Solutions Group and IBM for the 2022 season," said PFL CEO Peter Murray. "Integration of fighter data and fight analytics within our live broadcast and streaming events has created an immersive next-gen experience for MMA fans."
"Flagship is honored to support PFL's tremendous growth and success with technology solutions powered by Flagship's cloud capabilities under our "We Run IT, You Use IT" campaign," said Mark Wyllie, CEO, Flagship Solutions Group.
The Regular Season has kicked off in thrilling fashion and the third event this Friday, May 6 will feature the world's greatest MMA fighter and two-time PFL World Champion Kayla Harrison making her 2022 debut, along with the league's Women's Lightweight and Welterweight divisions.
PFL is the first and only MMA league with a true sports-season format where elite fighters from around the world compete in a regular season, playoffs and championship. The four competitors in each division who earn the most points in the regular season advance to the win-or-go-home playoffs, followed by the biggest night in MMA – the PFL World Championship – with each winner going home with the $1 million prize.
Professional Fighters League is the No. 2 MMA company globally and features an elite talent roster with 25 percent of its fighters independently ranked in the top-25 of the world, including 2021 PFL champions Kayla Harrison and Ray Cooper III. PFL has live event coverage in 160 countries on leading distribution platforms and delivers a unique, innovative product to the more than 600 million MMA fans globally.
About Professional Fighters League
Professional Fighters League (PFL) is the fastest growing and most innovative sports league. PFL is the #2 MMA company worldwide and the only with the sports-season format where individual fighters compete in Regular Season, Playoffs, and Championship.
PFL is primetime in the U.S on ESPN and ESPN+ and broadcast and streamed worldwide to 160 countries, with partners including Channel 4, DirecTV, RMC Sport, Eurosport, Sky Sports, and more. The PFL roster is world-class, with 25% of PFL fighters independently ranked in the top 25 in the world. The PFL proprietary SmartCage data and analytics platform powers real-time betting and provides next-gen viewing experience.
PFL has over two-dozen blue-chip brand sponsors such as Anheuser-Busch, IBM, GEICO, DraftKings, Bose, Socios.com, Air Force Reserve, US Marine Corps, and more. PFL is backed by major investors including Ares Capital, Luxor Capital, Elysian Park Ventures, Swan Ventures, Knighthead, Legends, and several NBA, MLB, and NHL team owners.
MMA is the growth sport of this decade, with 600 million fans worldwide, the youngest audience demo of any sport, and true global revenue streams.
PFLmma.com; Instagram (@PFLmma); Twitter (@PFLMMA); Facebook (/PFLmma)
About Flagship Solutions Group
Flagship Solutions Group provides IBM solutions, managed services, and cloud solutions worldwide. This includes data center strategic planning and hybrid cloud implementations based on a wide range of assessments that look at virtualization, server consolidation, security, and infrastructure-focused integration. In addition, Flagship provides Cyber Security and Data Analytics as a service to major companies across various industries.
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MURRYSVILLE, Pa., April 12, 2022 /PRNewswire/ -- The Skin Center, Pittsburgh's leading medical spa, is set to open a new state-of-the-art clinic in Murrysville, PA on April 18, 2022. "We are thrilled to bring our aesthetic expertise to Murrysville," says Greg Sanker, CEO at The Skin Center. "We have a long, trusted history in the Pittsburgh community and remain committed to being the premier provider of cosmetic services and raising the bar in our industry," says Sanker. The new medical spa is conveniently located in the Blue Spruce Shoppes on Route 22 in Murrysville, PA.
The Skin Center's most popular aesthetic treatments are Botox and dermal fillers, and it is recognized as a Top 10 Partner Provider in the nation by Allergan Aesthetics, the maker of Botox and Juvéderm dermal fillers. "Our approach is as collaborative as it is rooted in clinical excellence," says Sanker. "Our licensed expert providers have exceptional training, experience, temperament and intuition, qualities that we believe translate to superior patient outcomes," he says.
The new Murrysville medical spa will also feature a curated selection of the latest FDA-approved aesthetic technologies, including CoolSculpting Elite, a non-invasive body contouring treatment proven to reduce up to 25% of fat cells in a treated area. The Skin Center is the only aesthetic clinic in the Pittsburgh area to offer CoolSculpting Elite. Other services offered include platelet-rich plasma (PRP) injections, microneedling and laser hair removal.
Murrysville Grand Opening Specials
Patients can book appointments now to take advantage of these grand opening promotions, which expire on May 31st:
- $100 OFF your first treatment in Murrysville, available on 40 units or more of Botox, a full syringe of filler, and select skin and laser packages including Diamond Glow, peels, and laser hair removal.
- 50% OFF CoolSculpting Elite, available on an 8-treatment package or more.
- Buy 1 syringe of filler, get 10 FREE units of Botox. Trust us, these treatments are even better together.
- Botox and filler, plus hair removal or peel bundle: Purchase 20 units of Botox + a full syringe of filler and receive a FREE area of laser hair removal OR a FREE VI Peel.
About The Skin Center
The Skin Center ("TSC") was founded over 40 years ago in Pittsburgh, PA and has served over 500,000 patients since its founding. As a leader in aesthetic services, The Skin Center is a top provider of injectables nationally, maintains the latest non-invasive skin rejuvenation and body contouring technologies on the market, and is skilled in the art of cosmetic and plastic surgery. The TSC team includes three board-certified surgeons and 39 skincare experts, including skilled providers, medical aestheticians, and body contouring specialists. The company maintains eight locations across Pennsylvania and Ohio. Learn more about The Skin Center at www.theskincentermd.com.
Follow The Skin Center on Social!
Instagram – https://www.instagram.com/theskincentermd/
Facebook – https://www.facebook.com/theskincentermd
Contact Information:
The Skin Center
Zachary Cole, Sr. Marketing Manager
412-429-1151
Zcole@theskincentermd.com
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SOURCE The Skin Center | https://www.kxii.com/prnewswire/2022/04/12/skin-center-brings-its-aesthetic-expertise-murrysville-pa-with-new-state-of-the-art-medical-spa/ | 2022-04-12T19:44:23Z |
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