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NEW YORK, June 16, 2022 /PRNewswire/ -- W. P. Carey Inc. (W. P. Carey, NYSE: WPC) reported today that its Board of Directors increased its quarterly cash dividend to $1.059 per share, equivalent to an annualized dividend rate of $4.24 per share. The dividend is payable on July 15, 2022 to stockholders of record as of June 30, 2022.
W. P. Carey Inc. ranks among the largest net lease REITs with an enterprise value of approximately $22 billion and a diversified portfolio of operationally critical commercial real estate that includes 1,336 net lease properties covering approximately 157 million square feet as of March 31, 2022. For nearly five decades, the company has invested in high-quality single-tenant industrial, warehouse, office, retail and self-storage properties subject to long-term net leases with built-in rent escalators. Its portfolio is located primarily in the U.S. and Northern and Western Europe and is well-diversified by tenant, property type, geographic location and tenant industry.
www.wpcarey.com
Institutional Investors:
Peter Sands
1 (212) 492-1110
institutionalir@wpcarey.com
Individual Investors:
W. P. Carey Inc.
1 (212) 492-8920
ir@wpcarey.com
Press Contact:
Anna McGrath
1 (212) 492-1166
amcgrath@wpcarey.com
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SOURCE W. P. Carey Inc. | https://www.wibw.com/prnewswire/2022/06/16/w-p-carey-inc-increases-quarterly-dividend-1059-per-share/ | 2022-06-16T22:01:15Z |
Study ranks Kansas as one of worst states for nurses
TOPEKA, Kan. (WIBW) - Kansas has ranked as one of the worst states in the nation for nurses in a recently released study.
With National Nurses Week just around the corner, and nurses continuing to serve on the COVID-19 frontlines, WalletHub.com says it released its report on 2022′s Best and Worst States for Nurses, and Kansas ranked as one of the worst.
In order to find which states were better than others, WalletHub said it compared the relative attractiveness of each state across data sets that range from monthly average starting salary for nurses, health care facilities per capita, to nursing job openings per capita.
Kansas ranked 41st overall with a total score of 44.84. The state ranked 32nd for opportunity and competition and 33rd for work environment.
The Sunflower State’s border states seemed to fare a little better, except for Oklahoma, which ranked 50th with a total score of 38.78, an opportunity rank of 46, and a work environment rank of 33. Nebraska ranked 34th with an overall score of 47.37, an opportunity rank of 33, and a work environment rank of 23. Missouri ranked 32nd with an overall score of 48.35, an opportunity rank of 24, and a work environment rank of 31. Lastly, Colorado ranked 26th with a total score of 49.37, an opportunity rank of 42, and a work environment rank of 15.
The states that ranked the best for nurses are as follows:
- Washington
- Maine
- New Mexico
- Minnesota
- New Hampshire
- Oregon
- Arizona
- Montana
- Rhode Island
- Connecticut
The states that ranked the worst for nurses are as follows:
- Oklahoma
- Alabama
- Hawaii
- Arkansas
- Mississippi
- Louisiana
- Tennessee
- South Carolina
- Georgia
- Kansas
For more information or to see where other states rank, click HERE.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/03/study-ranks-kansas-one-worst-states-nurses/ | 2022-05-03T15:29:17Z |
Fast-moving growth and transformation company disrupts agency model and reframes client
partner development for the future of culture and commerce.
SAN FRANCISCO, May 12, 2022 /PRNewswire/ -- Butchershop® Global has repositioned as a growth and transformation company by evolving agency services into a suite of connected products for brands and businesses at their greatest inflection points. At the core of the transformation is the Beat Failure methodology and toolkit, created to help companies break in or out of emerging sectors as they move through high stakes initiatives, brand evolutions, and new product launches. The Beat Failure methodology asks clients to not only identify their success metrics, but also confront their challenges, asking the question "what might cause you to fail?" to better determine how the agency can provide meaningful and effective solutions.
The Beat Failure method is complemented and made actionable by the connected model, which brings together Butchershop's five core product offerings: strategy and consulting, brand and content, digital and product, performance and media, and venture and incubation. The work is further enhanced by expertise in emerging sectors, technology, and social behavior, working and playing at the edge of where culture and commerce are headed.
"Ambitious founders, CEOs, and CMOs need a new basis for brand growth and agency value," said Trevor Hubbard, CEO of Butchershop® Global. "Success-based strategies get derailed by foreseeable problems, and the fail-faster ethos of startups relegates branding and marketing to trial and error. Meanwhile, the traditional services orientation of agencies leaves them open to constant devaluation and resource drain. We're solving both problems with a system of concrete value, while providing a pedigree of expertise and creativity that yields transformative results for our client partners."
Beat Failure was recently used to reposition healthcare communication giant W2O as Real Chemistry, a leader in global health innovation that fuses technology, data and creativity. After acquiring more than a dozen companies during the pandemic, the new positioning helped Real Chemistry win recognition as 2022's SABRE Awards Healthcare Agency of The Year. For Nike, Beat Failure helped shape a consumerized global hiring experience, underscoring the need for a new digital platform, employer brand, and custom content to bring to life what working in the storied halls of one of the world's most iconic brands felt like. Today, clients like Dataiku, BFA Industries and Ironman are shaping the next chapter of their business using Butchershop's Beat Failure methodology and connected model of products.
Because Butchershop has broken products into granular detail, new business scoping takes an hour to identify clients' real needs based on what could cause the initiative to fail, map out product solutions and price, and deliver a plan of execution addressing all the failure points articulated with client partners. Butchershop has also launched a web-based app called Priio™ that puts the Beat Failure methodology in the hands of organizations, teams, entrepreneurs and VCs.
"We're building a world-class creativity and technology practice, yes out of ambition, but also necessity for what our clients need," said Ben McNutt, Butchershop Chief Creative Officer and Associate Partner. "Customers and consumers want more honesty and consistency. Right now, the zeitgeist is saying, 'Clarity is a brand's greatest currency.' Our entire model is designed to deliver that for clients."
Over the last two years of using Beat Failure, Butchershop has increased revenue by 60% YOY as well as strategically acquired best-of-breed Web3 design and development agency Maniak in Guadalajara to build out greater capabilities for digital commerce and experiences. The agency also opened a "pod" space in Austria, and nearly tripled its employee headcount to 150 employees in three countries and 12 cities. As a completely decentralized workforce, Butchershop plans to open "pod" spaces for collaborative occasions in Los Angeles and New York, with a first US location to open in San Francisco Summer 2022. Further expansion into EMEA, LATAM and APAC markets is being executed through the agency's M+A strategy.
For more information, visit the new website created by Butchershop® Global at Butchershop.co
About Butchershop
Founded in 2009, Butchershop® Global is a growth and transformation company born and raised in Silicon Valley with teams in San Francisco, Los Angeles, New York, Guadalajara, Mexico City and Vienna. The company connects consulting, creativity and technology to help brands break into emerging sectors or break out to lead them. Butchershop has turned an unwavering emphasis on clarity into the Beat Failure™ methodology, helping companies steer through the challenges of inflection points ᠆ whether they be at a moment of growth, scale, evolution, transformation or launch. Success is measured by the ability to change perception and increase awareness, retention, impressions, conversions, and revenue.
CONTACT:
Dania Jimenez
Communications Director
Butchershop Global
dania@butchershop.co
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SOURCE Butchershop® Global | https://www.mysuncoast.com/prnewswire/2022/05/12/butchershop-global-pioneers-beat-failure-methodology-connected-model/ | 2022-05-12T18:07:09Z |
Delek US Holdings Reports First Quarter 2022 Results
Published: May. 3, 2022 at 7:30 AM EDT|Updated: 47 minutes ago
Reported first quarter net income of $6.6 million or $0.09 per share and Adjusted EBITDA of $172.8 million
Completed $64 million share acquisition from the Icahn Group at $18.30/share, reducing shares outstanding by ~5%
Planned acquisition of 3Bear places us well on-track to achieve midstream EBITDA target of $365 - $395 million
Accelerating Permian Gathering activity provides growth opportunities and potential for attractive crude discounts
Positioned to capture robust energy environment with no major turnaround activity planned in 2022
Retrospectively transitioned Tyler, TX refinery from LIFO to FIFO inventory accounting methodology
Maintained strong balance sheet with $854 million of cash as of March 31, 2022
BRENTWOOD, Tenn., May 3, 2022 /PRNewswire/ -- Delek US Holdings, Inc. (NYSE: DK) ("Delek US") today announced financial results for its first quarter ended March 31, 2022. Delek US reported a first quarter 2022 net income of $6.6 million, or $0.09 per share, versus net loss of $(70.0) million, or $(0.95) per share, for the quarter ended March 31, 2021. On an adjusted basis, Delek US reported Adjusted net income of $42.9 million, or $0.58 per share, for the first quarter 2022. This compares to Adjusted net loss of $(80.2) million, or $(1.08) per share, in the prior year. Adjusted earnings before interest, taxes, depreciation and amortization ("Adjusted EBITDA") was $172.8 million for the first quarter compared to Adjusted EBITDA of $12.6 million in the prior year.
Uzi Yemin, Chairman, President and Chief Executive Officer of Delek US, stated, "The refining landscape has improved dramatically from the pandemic driven downturn over the past couple of years and our team is optimistic on the outlook for 2022. Our refining portfolio has no major planned maintenance this year, positioning us well to capture elevated margins. The robust macro environment provided us with confidence to repurchase ~5% of Delek stock from the Icahn Group in March. We will continue to look for opportunities to enhance our balance sheet and return cash to shareholders throughout the year."
Mr. Yemin continued, "Permian Gathering activity at Delek Logistics Partners is reflecting a significant ramp-up sequentially and we expect volumes to approximately double from the fourth quarter of last year to the fourth quarter of this year. Strong producer demand and increasing drilling activity paves the way for attractive crude discounts into the future and also helps underpin DKL's planned acquisition of 3Bear Delaware Holding – NM, LLC. This transaction puts DK on pace to achieve its consolidated midstream EBITDA target of $365 - $395 million, increases DKL third-party revenue, helps DKL become a larger, more scalable entity, diversifies its geography within the Permian Basin and expands the company's product mix. Delek's assets are performing well and we are back to a position of pursuing growth through both organic and inorganic opportunities."
Liquidity
As of March 31, 2022, Delek US had a cash balance of $854.1 million and total consolidated long-term debt of $2,212.8 million, resulting in Net debt of $1,358.7 million. As of March 31, 2022, Delek Logistics Partners, LP (NYSE: DKL) ("Delek Logistics") had $2.7 million of cash and $905.5 million of total long-term debt, which are included in the consolidated amounts on Delek US' balance sheet. Excluding Delek Logistics, Delek US had approximately $851.4 million in cash and $1,307.3 million of long-term debt, or a $455.9 million Net debt position.
Consolidated Results
Net income attributable to Delek in the first quarter 2022 was $6.6 million compared to $(70.0) million net loss in the first quarter 2021. On an adjusted basis, Adjusted net income was $42.9 million in the first quarter 2022 compared to Adjusted net loss of $(80.2) million in the first quarter 2021. The $123.1 million improvement in Adjusted net income is primarily attributable to improvements in refining operating results and contribution margins compared to the prior year quarter, including the impact of higher refining utilization rates during the current quarter compared to the prior period, where last year we had outages related to turnaround activities, a fire at our El Dorado refinery and the effects of Winter Storm Uri, combined with significantly improved crack spreads. See below for further discussion of operating results and contribution margin across our segments.
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Refining Segment Results
Refining contribution margin increased to $96.9 million in the first quarter 2022 from $10.4 million in the first quarter 2021, while Adjusted segment contribution margin was $152.9 million in the first quarter 2022 compared to $(3.9) million in the first quarter 2021. On a year-over-year basis, our refining segment results were favorably impacted by increased demand, attributable in part to low clean product inventories and continued macroeconomic improvements around the pandemic combined with the impact of sanctions on Russian oil supply, as well as the corresponding improvements in crack spreads. Absent significant outages (such as those caused by Winter Storm Uri, the refinery fire and turnaround activities in first quarter 2021), we experienced marked improvements in our refining utilization rates compared to the prior year period. Additionally, during the first quarter 2022, Delek US's benchmark crack spreads were up an average of approximately 84.2% from prior-year levels, though the refineries' ability to capture crack spread increases continues to be negatively impacted by higher RIN costs year over year and the continued burden of the RFS program on our small refineries.
Logistics Segment Results
The logistics segment contribution margin in the first quarter 2022 was $62.3 million compared to $56.9 million in the first quarter 2021, where Adjusted segment contribution margin was $62.1 million compared to $56.7 million in the prior year quarter. Overall performance benefited from an increase in utilization on assets supporting the Big Spring Refinery and increased throughput on joint venture pipelines.
Retail Segment Results
For the first quarter 2022, contribution margin, on both a GAAP and Adjusted basis, was $13.8 million compared to $16.7 million and $16.7 million on a GAAP and Adjusted basis, respectively, in the prior-year period for the retail segment. Merchandise sales were approximately $69.7 million with an average retail margin of 34.6% in the first quarter 2022, compared to merchandise sales of approximately $74.6 million with an average retail margin of 32.7% in the prior-year period. Approximately 39.5 million retail fuel gallons were sold at an average margin of $0.31 per gallon in the first quarter 2022 compared to 39.8 million retail fuel gallons sold at an average margin of $0.35 per gallon in the first quarter 2021. In the first quarter 2022, the average merchandise store count was 248 compared to 253 in the prior-year period. On a same-store-sales basis in the first quarter 2022, merchandise sales decreased (5.2)% and fuel gallons sold increased 0.8% compared to the prior-year period.
Corporate and Other Activity
Contribution margin from Corporate, Other and Eliminations was a loss of $33.3 million in the first quarter 2022 compared to a loss of $19.9 million in the prior-year period, where Adjusted contribution margin was a $30.9 million loss compared to a $19.7 million loss in the same quarter of 2021, and where these amounts include inter-segment eliminations.
The Wink-to-Webster crude oil pipeline, currently flowing through the consolidated equity method investment line, is expected to ratably increase throughout the year. The 36-inch diameter pipeline, which is fully contracted with minimum volume commitments ("MVCs"), will originate in the Permian Basin and have destination points in the Houston market.
First Quarter 2022 Results | Conference Call Information
Delek US will hold a conference call to discuss its first quarter 2022 results on Tuesday, May 3, 2022 at 11:00 a.m. Central Time. Investors will have the opportunity to listen to the conference call live by going to www.DelekUS.com and clicking on the Investor Relations tab. Participants are encouraged to register at least 15 minutes early to download and install any necessary software. Presentation materials accompanying the call will be available on the investor relations tab of the Delek US website approximately ten minutes prior to the start of the call. For those who cannot listen to the live broadcast, the online replay will be available on the website for 90 days.
Investors may also wish to listen to Delek Logistics' (NYSE: DKL) first quarter 2022 earnings conference call that will be held on Tuesday, May 3, 2022 at 9:30 a.m. Central Time and review Delek Logistics' earnings press release. Market trends and information disclosed by Delek Logistics may be relevant to the logistics segment reported by Delek US. Both a replay of the conference call and press release for Delek Logistics will be available online at www.deleklogistics.com.
About Delek US Holdings, Inc.
Delek US Holdings, Inc. is a diversified downstream energy company with assets in petroleum refining, logistics, renewable fuels and convenience store retailing. The refining assets consist primarily of refineries operated in Tyler and Big Spring, Texas, El Dorado, Arkansas and Krotz Springs, Louisiana with a combined nameplate crude throughput capacity of 302,000 barrels per day.
The logistics operations primarily consist of Delek Logistics Partners, LP (NYSE: DKL). Delek US Holdings, Inc. and its affiliates own approximately 78.9% (including the general partner interest) of Delek Logistics Partners, LP at March 31, 2022. Delek Logistics Partners, LP is a growth-oriented master limited partnership focused on owning and operating midstream energy infrastructure assets.
The convenience store retail segment operates approximately 248 convenience stores in West Texas and New Mexico.
This press release contains forward-looking statements that are based upon current expectations and involve a number of risks and uncertainties. Statements concerning current estimates, expectations and projections about future results, performance, prospects, opportunities, plans, actions and events and other statements, concerns, or matters that are not historical facts are "forward-looking statements," as that term is defined under the federal securities laws. These statements contain words such as "possible," "believe," "should," "could," "would," "predict," "plan," "estimate," "intend," "may," "anticipate," "will," "if", "potential," "expect" or similar expressions, as well as statements in the future tense. These forward-looking statements include, but are not limited to, statements regarding throughput at the Company's refineries; crude oil prices, discounts and quality and our ability to benefit therefrom; cost reductions; growth; scheduled turnaround activity; investments into our business; the performance and execution of our midstream growth initiatives, including the Permian Gathering System, the Red River joint venture and the Wink to Webster long-haul crude oil pipeline, and the flexibility, benefits and the expected returns therefrom; RINs waivers and tax credits and the value and benefit therefrom; cash and liquidity; emissions reductions; opportunities and anticipated performance and financial position.
Investors are cautioned that the following important factors, among others, may affect these forward-looking statements. These factors include, but are not limited to: uncertainty related to timing and amount of future share repurchases and dividend payments; risks and uncertainties with respect to the quantities and costs of crude oil we are able to obtain and the price of the refined petroleum products we ultimately sell, uncertainties regarding future decisions by OPEC regarding production and pricing disputes between OPEC members and Russia; uncertainty relating to the impact of the COVID-19 outbreak on the demand for crude oil, refined products and transportation and storage services; Delek US' ability to realize cost reductions; risks related to Delek US' exposure to Permian Basin crude oil, such as supply, pricing, gathering, production and transportation capacity; gains and losses from derivative instruments; risks associated with acquisitions and dispositions; acquired assets may suffer a diminishment in fair value as a result of which we may need to record a write-down or impairment in carrying value of the asset; the possibility of litigation challenging renewable fuel standard waivers; changes in the scope, costs, and/or timing of capital and maintenance projects; the ability to grow the Permian Gathering System; the ability of the Red River joint venture to complete the expansion project to increase the Red River pipeline capacity; the ability of the joint venture to construct the Wink to Webster long haul crude oil pipeline; operating hazards inherent in transporting, storing and processing crude oil and intermediate and finished petroleum products; our competitive position and the effects of competition; the projected growth of the industries in which we operate; general economic and business conditions affecting the geographic areas in which we operate; and other risks described in Delek US' filings with the United States Securities and Exchange Commission (the "SEC"), including risks disclosed in our Annual Report on Form 10-K, Quarterly Reports on Form 10-Q and other filings and reports with the SEC.
Forward-looking statements should not be read as a guarantee of future performance or results and will not be accurate indications of the times at, or by, which such performance or results will be achieved. Forward-looking information is based on information available at the time and/or management's good faith belief with respect to future events, and is subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in the statements. Delek US undertakes no obligation to update or revise any such forward-looking statements to reflect events or circumstances that occur, or which Delek US becomes aware of, after the date hereof, except as required by applicable law or regulation.
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Non-GAAP Disclosures:
Our management uses certain "non-GAAP" operational measures to evaluate our operating segment performance and non-GAAP financial measures to evaluate past performance and prospects for the future to supplement our GAAP financial information presented in accordance with U.S. GAAP. These financial and operational non-GAAP measures are important factors in assessing our operating results and profitability and include:
Adjusting items - certain identified infrequently occurring items, non-cash items, and items that are not attributable to or indicative of our on-going operations or that may obscure our underlying results and trends;
Adjusted net income (loss) - calculated as net income attributable to Delek US adjusted for relevant Adjusting items recorded during the period;
Adjusted net income (loss) per share - calculated as Adjusted net income (loss) divided by weighted average shares outstanding, assuming dilution, as adjusted for any anti-dilutive instruments that may not be permitted for consideration in GAAP earnings per share calculations but that nonetheless favorably impact dilution;
Earnings before interest, taxes, depreciation and amortization ("EBITDA") - calculated as net income attributable to Delek adjusted to add back interest expense, income tax expense, depreciation and amortization;
Adjusted EBITDA - calculated as EBITDA adjusted for the relevant identified Adjusting items in Adjusted net income (loss) that do not relate to interest expense, income tax expense, depreciation or amortization, and adjusted to include income (loss) attributable to non-controlling interests;
Adjusted segment contribution margin - calculated as Segment contribution margin adjusted for the identified Adjusting Items in Adjusted net income (loss) that impact Segment contribution margin;
Refining margin - calculated as the difference between total refining revenues and total cost of materials and other;
Adjusted refining margin - calculated as refining margin adjusted for the relevant identified Adjusting items in Adjusted net income (loss) that impact refining margin and that, where applicable, can be identified and/or are measured and recognized at the refinery level;
Refining margin per sales barrel - calculated as refining margin divided by our average refining sales in barrels per day (excluding purchased barrels) multiplied by 1,000 and multiplied by the number of days in the period;
Adjusted refining margin per sales barrel - calculated as adjusted refining margin divided by our average refining sales in barrels per day (excluding purchased barrels) multiplied by 1,000 and multiplied by the number of days in the period; and
Net debt - calculated as long-term debt including both current and non-current portions (the most comparable GAAP measure) less cash and cash equivalents as of a specific balance sheet date.
We believe these non-GAAP operational and financial measures are useful to investors, lenders, ratings agencies and analysts to assess our ongoing performance because, when reconciled to their most comparable GAAP financial measure, they provide improved relevant comparability between periods, to peers or to market metrics through the inclusion of retroactive regulatory or other adjustments as if they had occurred in the prior periods they relate to, or through the exclusion of certain items that we believe are not indicative of our core operating performance and that may obscure our underlying results and trends. "Net debt," also a non-GAAP financial measure, is an important measure to monitor leverage and evaluate the balance sheet.
Non-GAAP measures have important limitations as analytical tools, because they exclude some, but not all, items that affect net earnings and operating income. These measures should not be considered substitutes for their most directly comparable U.S. GAAP financial measures. Additionally, because Adjusted net income or loss, Adjusted net income or loss per share, EBITDA and adjusted EBITDA, and Adjusted Segment Contribution Margin or any of our other identified non-GAAP measures may be defined differently by other companies in its industry, Delek US' definition may not be comparable to similarly titled measures of other companies. See the accompanying tables in this earnings release for a reconciliation of these non-GAAP measures to the most directly comparable GAAP measures.
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Significant Transactions During the Quarter Impacting Results:
Change in Accounting Principle
As of January 1, 2022, we changed our method for accounting for inventory held at the Tyler Refinery to the first-in, first-out ("FIFO") cost method from the last-in, first-out ("LIFO") cost method. This change in accounting method will conform the Company's refining inventory to a single method of accounting, and will eliminate the inherent volatility in the LIFO valuation of inventory attributable to increments and decrements in historical LIFO layers, which can impact comparability between periods as well as to market conditions and crack spreads. For these reasons, we expect that the newly adopted accounting principle will improve financial reporting by providing better consistency, better transparency, and recognition that better reflects the physical flow of inventory and more accurately reflects the current value of inventory. The effects of this change have been retrospectively applied to all periods presented with a cumulative effect adjustment reflected in the January 1, 2021 beginning retained earnings.
Stock Purchase and Cooperation Agreement
On March 7, 2022, Delek entered into a stock purchase and cooperation agreement (the "Agreement") with IEP Energy Holding LLC, a Delaware limited liability company, American Entertainment Properties Corp., a Delaware corporation, Icahn Enterprises Holdings L.P., a Delaware limited partnership, Icahn Enterprises G.P. Inc., a Delaware corporation, Beckton Corp., a Delaware corporation, and Carl C. Icahn, (collectively, the "Icahn Group") pursuant to which the Company purchased an aggregate of 3,497,268 shares of common stock of the Company at a price per share of $18.30, the closing price of a share of Company common stock on the New York Stock Exchange on March 4, 2022, the last trading day prior to the execution of the Agreement, which equals an aggregate purchase price of $64.0 million. The Company funded the transaction from cash on hand. The 3,497,268 shares were cancelled at the time of the transaction.
In addition to the foregoing, under the terms of the Agreement, the Icahn Group withdrew its nomination notice for the nomination of nominees for election to the Company's board of directors for the Company's 2022 annual meeting of stockholders. Under the terms of the Agreement, the Icahn Group agreed to standstill restrictions, which requires, among other things, that until the completion of the Company's 2023 annual meeting of stockholders, the Icahn Group will refrain from acquiring additional shares of the Company common stock.
Membership Interest Purchase Agreement
On April 8, 2022, DKL Delaware Gathering, LLC (the "Purchaser"), a subsidiary of Delek Logistics, entered into a Membership Interest Purchase Agreement with 3 Bear Energy – New Mexico LLC (the "Seller") to purchase 100% of the limited liability company interests in 3 Bear Delaware Holding – NM, LLC (the "Purchased Interests"), related to Seller's crude oil and gas gathering, processing and transportation businesses, as well as water disposal and recycling operations, in the Delaware Basin in New Mexico (the "Purchase Agreement"). The purchase price for the Purchased Interests is $624.7 million, subject to customary adjustments under the Purchase Agreement for net working capital and indebtedness. The Purchaser paid a deposit under the Purchase Agreement of approximately $31.2 million. The transactions contemplated by the Purchase Agreement are expected to close around mid-year 2022.
Insurance Recoveries
During the first quarter 2022, we received insurance recoveries related to the fire and freeze events that occurred during the first quarter 2021, and which unfavorably impacted our results during the first two quarters of 2021. The majority of our property and loss claims incurred during that time period were recovered through insurance claims recognized during the third and fourth quarters of 2021, as were $9.9 million ($7.7 million after-tax) of our business insurance claims. For the three months ended March 31, 2022, we have recognized an additional $10.0 million ($7.8 million after-tax) of business interruption insurance recoveries, which were recorded in other operating income on the consolidated statement of income, and we have additional business interruption claims that are outstanding and still pending which are expected to be recognized in future quarters. Because business interruption losses are economic in nature rather than recognized, the related insurance recoveries are included as an Adjusting item in Adjusted net income and Adjusted EBITDA.
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Information about Delek US Holdings, Inc. can be found on its website (www.delekus.com), investor relations webpage (ir.delekus.com), news webpage (www.delekus.com/news) and its Twitter account (@DelekUSHoldings).
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc. | https://www.mysuncoast.com/prnewswire/2022/05/03/delek-us-holdings-reports-first-quarter-2022-results/ | 2022-05-03T12:17:19Z |
Which hard-sided cat carriers are best?
Dogs are generally eager to jump into the car and go for a drive. They seem to love nothing more than sticking their heads out the window to catch the breeze. Cats, on the other hand, prefer the comforts of home — it’s often a struggle to round them up, bundle them into the car and drive to where you need to go.
So before you end up with multiple scratches and are seen as the worst pet parent, get a good-quality cat carrier with hard sides. The Van Ness Calm Carrier E-Z Load Sliding Drawer is an excellent choice, as it’s easy to get your cat inside.
What to know before you buy a hard-sided carrier
The size of your cat
Since not all cats are the same size, you must consider their dimensions when looking for a carrier. An excellent way to determine this is to measure your cat’s height from the floor and how much space it needs to turn around. The carrier’s internal space should be large enough for the cat to comfortably stand and turn in. Keep in mind that cats might be in the carrier for long periods, and if they can’t stretch their legs, it could cause cramping or discomfort.
You can also throw in some cat toys if there is space.
The closure mechanism
Cats are inquisitive and quickly learn how things work. That’s why you must ensure that the closure mechanism is challenging to paw open. Most use a system where you must unlatch two points to open the door or have several clips that can’t be manipulated.
The number of openings can also make your life a lot easier when you need to take your cat out or put it in the carrier. One opening at the front is tricky, as a cat can (and will) brace itself against the edges.
A better strategy is to get a carrier with two openings or a carrier where the hard top easily comes off the base. It’s easier to put a cat inside from above than from the front, but it’s best if the top part comes down over them onto the base.
Hard-sided is the way to go
There are plenty of carriers, from cat backpacks and cardboard to strollers and rolling carriers. But the best and safest way to transport your feline friend is in a hard-sided carrier. It keeps the cat safe from external dangers and also lowers stress levels because visibility isn’t that great.
However, if you plan to fly with your cat, you must check with the airline on its rules. Some carriers are too large for in-cabin flights, as they must be stored underneath the seat in front of you. The maximum dimensions on certain airlines are 18.11 by 11.02 by 9.45 inches.
What to look for in a quality hard-sided carrier
Indestructible plastic
Your cat’s safety should be the top priority, regardless if you’re going to the vet around the corner or flying across the world. By nature, a hard-sided carrier is made of plastic, but a good-quality carrier is nearly indestructible. It can withstand several drops and bangs (preferably without a cat inside) and shouldn’t chip or break at any point.
Normal wear and tear, such as scratches and scuffs, is expected. But that should in no way compromise the carrier’s integrity.
It comes apart for easy storage
Cat carriers are for a specific purpose and probably won’t be used often. They are bulky and difficult to store, but a good-quality carrier can easily come apart. You’d be surprised how much space you save by simply popping off the top and stacking it on the lower base. If it doesn’t detach from itself, you could store other items inside to make room.
Maintenance and cleaning
While it doesn’t happen often, cats occasionally soil the carrier. Any cat owner can attest to the challenge of getting the cat urine smell out of anything. A good-quality carrier is easy to clean and is effortless if it comes apart.
Mild soap and lukewarm water usually do the trick, but if harsher chemicals are needed, ensure that the carrier is appropriately dry and odor-free before the next use. For more comfort, line the carrier with absorbent padding. Your cat will be comfortable, and the liquid and odor are repressed when an accident happens.
How much you can expect to spend on a hard-sided carrier
The price depends on its size and features. A regular carrier with plastic sides and a metal door costs $20-$30, while a larger carrier with multiple access points runs $50-$80.
Hard-sided carrier FAQ
Do carriers come with padding?
A. It’s rare to find a hard-sided carrier with padding inside. If your cat wants something soft to sit on, you can put a folded-up towel or a thin piece of foam inside.
How do you secure a carrier in your vehicle?
A. Most people put it on the front or back seat, but that also depends on its size. For added safety, some carriers have a protruding handle at the top through which you can feed the seat belt.
What’s the best hard-sided carrier to buy?
Top hard-sided carrier
Van Ness Calm Carrier E-Z Load Sliding Drawer
What you need to know: This cat carrier is the perfect solution if you struggle to get your cat inside.
What you’ll love: It looks like a regular cat carrier but has a special mechanism where the bottom slides out. This is perfect if your cat has trouble getting in or out and makes it easy for the vet to take a look. It has a metal door in the front that clips into the carrier’s sides.
What you should consider: The door can’t open without sliding the drawer.
Where to buy: Sold by Chewy
Top hard-sided carrier for the money
MidWest Spree Hard-Sided Cat Kennel
What you need to know: This sturdy carrier will keep your beloved pet safe with ample room to move around.
What you’ll love: Made of robust plastic, this carrier has a door on the front that’s secured with four latches. It can open in two directions or be removed entirely.
What you should consider: It will be a tight fit for larger cats, as it is best suited for cats weighing around 11 pounds.
Where to buy: Sold by Chewy
Worth checking out
Catit Cabrio Multi-Functional Cat Kennel
What you need to know: Your cat will travel in style with this sleek carrier that opens multiple ways.
What you’ll love: The robust carrier has a see-through plastic door in the front with a kibble and water holder inside. It swings wide open for easy access, and the top lid is divided into two parts that disconnect to open the carrier completely.
What you should consider: Some reviewers said that the hinges on the top section aren’t as sturdy as expected.
Where to buy: Sold by Chewy
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/br/pets-br/crates-carriers-containers-br/best-hard-sided-carrier-for-cats/ | 2022-09-01T19:20:12Z |
Trump says he’s testifying Wednesday in NY investigation
WASHINGTON (AP) - Former President Donald Trump will be questioned under oath Wednesday in the New York attorney general’s long-running civil investigation into his dealings as a real estate mogul, he confirmed in a post on his Truth Social account.
Trump’s testimony comes amid a flurry of legal activity surrounding him, taking place just days after FBI agents searched his Mar-a-Lago estate in Florida as part of an unrelated federal probe into whether he took classified records when he left the White House.
The New York civil investigation, led by Attorney General Letitia James, involves allegations that Trump’s company, the Trump Organization, misstated the value of prized assets like golf courses and skyscrapers, misleading lenders and tax authorities.
“In New York City tonight. Seeing racist N.Y.S. Attorney General tomorrow, for a continuation of the greatest Witch Hunt in U.S. history!” Trump wrote on Truth Social, invoking his oft-repeated claims about James, who is Black, and the investigation.
“My great company, and myself, are being attacked from all sides,” Trump added. “Banana Republic!”
Messages seeking comment were left with James’ office and with Trump’s lawyer.
Trump’s testimony is happening at a critical point in James’ investigation, midway through a pivotal week in his post-presidency.
In May, James’ office said that it was nearing the end of its probe and that investigators had amassed substantial evidence that could support legal action, such as a lawsuit, against Trump, his company or both.
The Republican billionaire’s deposition — a legal term for sworn testimony that’s not given in court — is one of the few remaining missing pieces, the attorney general’s office said.
Two of Trump’s adult children, Donald Jr. and Ivanka, testified in the investigation in recent days, two people familiar with the matter said. The people were not authorized to speak publicly and did so on condition of anonymity.
The Trumps’ testimony had initially been planned for last month but was delayed after the July 14 death of the former president’s ex-wife, Ivana Trump, the mother of Ivanka, Donald Jr. and another son, Eric Trump, who sat for a deposition in James’ investigation in 2020.
On Friday, the Trump Organization and its longtime finance chief, Allen Weisselberg, will be in court seeking dismissal of tax fraud charges brought against them last year in the Manhattan district attorney’s parallel criminal probe.
James, a Democrat, has said in court filings that her office has uncovered “significant” evidence that Trump’s company “used fraudulent or misleading asset valuations to obtain a host of economic benefits, including loans, insurance coverage, and tax deductions.”
James alleges the Trump Organization exaggerated the value of its holdings to impress lenders or misstated what land was worth to slash its tax burden, pointing to annual financial statements given to banks to secure favorable loan terms and to financial magazines to justify Trump’s place among the world’s billionaires.
The company even exaggerated the size of Trump’s Manhattan penthouse, saying it was nearly three times its actual size — a difference in value of about $200 million, James’ office said.
Trump has denied the allegations, explaining that seeking the best valuations is a common practice in the real estate industry. He says James’ investigation is part of a politically motivated “witch hunt” and that her office is “doing everything within their corrupt discretion to interfere with my business relationships, and with the political process.”
“THERE IS NO CASE!” Trump said in a February statement, after Manhattan Judge Arthur Engoron ruled that James’ office had “the clear right” to question Trump and other principals in his company.
While James has explored suing Trump or his company, the Manhattan district attorney’s office has long pursued a parallel criminal investigation.
That probe had appeared to be progressing toward a possible criminal indictment, but slowed after a new district attorney, Alvin Bragg, took office in January.
A grand jury that had been hearing evidence disbanded. The top prosecutor who had been handling the probe resigned after Bragg raised questions internally about the viability of the case.
Bragg has said his investigation is continuing, which means that Trump could invoke his Fifth Amendment right against self-incrimination and decline to answer questions from James’ investigators.
According to the subpoena issued by James’ office, Trump was to appear in person at the attorney general’s office, located in a Manhattan office tower that has doubled as the fictional conglomerate Waystar Royco’s headquarters on HBO’s “Succession.”
As vociferous as Trump has been in defending himself in written statements and on the rally stage, legal experts say the same strategy could backfire in a deposition setting because anything he says could potentially be used against him or his company in the criminal investigation. No former president has even been charged with a crime.
In fighting to block the subpoenas, lawyers for the Trumps argued New York authorities were using the civil investigation to get information for the criminal probe and that the depositions were a ploy to avoid calling them before a criminal grand jury, where state law requires they be given immunity.
Last summer, spurred by evidence uncovered by James’ office, Manhattan prosecutors filed charges against Weisselberg and the Trump Organization. Prosecutors said Weisselberg collected more than $1.7 million in off-the-books compensation.
Weisselberg and the company have pleaded not guilty.
Weisselberg and Eric Trump each invoked the Fifth Amendment more than 500 times when questioned by James’ lawyers during separate depositions in 2020, according to court papers.
The former president could choose to do the same, but it’s likely “he’ll claim lack of knowledge on many questions,” New York University law professor Stephen Gillers said.
That could be a successful strategy, since Trump is known as more of a “big-picture guy” Gillers said. “So he’ll answer the big-picture questions and those answers will be general enough to keep him out of trouble, or so his lawyers will hope.”
“On the other hand, his impetuosity makes him a lawyer’s nightmare and his overconfidence may lead him astray. Whoever questions him will encourage that,” the professor added.
Once her investigation wraps up, James could decide to bring a lawsuit and seek financial penalties against Trump or his company, or even a ban on them being involved in certain types of businesses.
___
Associated Press writer Jill Colvin in New York contributed to this report.
___
On Twitter, follow Michael Balsamo at twitter.com/mikebalsamo1 and Michael Sisak at twitter.com/mikesisak
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/10/trump-says-hes-testifying-wednesday-ny-investigation/ | 2022-08-10T07:02:09Z |
JAKARTA, Indonesia, May 18, 2022 /PRNewswire/ -- The Indonesian government has urged the G20 Digital Economy Working Group (DEWG) to continue the discussion on digital connectivity.
"I believe we have all witnessed the importance of information and communication technology in helping people cope with the impact of the COVID-19 pandemic," Minister of Communication and Informatics, Johnny G. Plate, stated.
The DEWG is part of the Indonesian G20 Sherpa Track. The working group originated with the formation of the G20 Digital Economy Task Force (DETF) in 2017 during the German G20 presidency.
The working group was mandated to discuss the implementation of an interconnected, protected, and safe digital technology to develop an inclusive, resilient, and sustainable digital economy.
The second DEWG meeting, under Indonesia's G20 presidency, which is being held in Yogyakarta on May 17-19, 2022, discusses the issue of digital connectivity.
As the chair of the 2022 G20 Presidency, Indonesia has encouraged the 2022 G20 DEWG participants to discuss three priority issues: digital connectivity and post-COVID-19 recovery; digital skills and digital literacy; as well as cross-border data flow and trusted free data flow.
At the meeting, Minister Plate emphasized the importance of overcoming the digital divide by building digital connectivity or telecommunications infrastructure.
During the second DEWG meeting, he urged that the discussion focus on inclusiveness, empowerment, and sustainability for strengthening the global position and recovering from the COVID-19 pandemic.
The digital divide has remained an issue until now. According to data from the International Telecommunication Union (ITU), in 2021, a total of 2.9 billion people across the world had never used the Internet.
Meanwhile, according to the World Bank data for Indonesia, 94 million adults could not access the Internet via mobile devices in 2019.
"The digital divide remains a challenge. Those who have access to fixed broadband Internet are even fewer," Plate pointed out.
The digital divide has become one of the reasons for the G20 DEWG forum to discuss the issue of digital connectivity.
The Ministry of Communication and Informatics, which is in charge of the DEWG, is seeking to address the digital divide by strengthening collaboration to drive massive construction of digital infrastructure between G20 member countries and the rest of the world.
Digital Connectivity
The discussion on connectivity has become more relevant in the wake of a global economic turmoil that has affected food, commodities, and energy availability as well as caused the inflation rate to soar.
"The discussion on digital connectivity becomes important at the second DEWG meeting because after the COVID-19 pandemic, the economy is greatly supported through the use of digital connections in solving various community problems as well as empowering the community itself," Minister Plate emphasized.
Plate further accentuated that the pandemic had shown the extent to which people are dependent on digital ecosystems in various public sectors, such as education, health and, of course, economic development.
Taking into account the importance of the digital connectivity issue, the priority issue of DEWG is discussed in five subtopics.
First, Plate said, DEWG discusses a common understanding of digital connectivity by placing the community as the main focus of the digital connectivity development efforts.
"This is what we mean by people-centric digital connectivity," he remarked.
The second subtopic of the digital connectivity discussion at the second DEWG meeting is digital security as a key enabler to support the business community.
The intensification of digital communications indirectly also raises new challenges in the form of various digital security risks that threaten the online safety of internet users, especially the increasingly digital economic actors.
Recognizing the importance of digital security in supporting the sustainability of digital businesses in the future, the DEWG decided to facilitate the collection of existing digital security and safety practices.
On the third subtopic, the Working Group agreed to establish a G20 Digital Innovation Network as a continuation of the G20 Innovation League hosted by the G20 Italian presidency last year.
Such a network aims to accommodate and support the collaboration of digital innovation actors around the world, such as start-ups, venture capitalists, corporations, and governments.
On the fourth subtopic, the G20 DEWG welcomes the implementation of the digital transformation expo that will showcase the achievements of G20 members regarding strategic policies and information on digital transformation.
"The Indonesian G20 presidency hopes that the concept of the event would be welcomed positively and enthusiastically by the holders of the next G20 presidency," Minister Plate stated.
On the fifth subtopic, the G20 DEWG supports the notion from the International Telecommunication Union (ITU) on the smart village and smart island initiative.
"Support for this idea shows Indonesia's commitment to taking advantage of the role of the G20 to solve various issues in the global community. DEWG encourages solidarity in the use of digital transformation, not only from G20 member countries but also non-member countries, especially small island developing states," he stated.
Minister Plate expressed gratitude for the smooth, proper, and focused implementation of the second DEWG meeting.
Plate also reminded all delegates and knowledge partners to join the third DEWG meeting that will be held in Labuan Bajo, East Nusa Tenggara, on July 20-21, 2022.
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HAIFA, Israel, May 26, 2022 /PRNewswire/ -- ZIM Integrated Shipping Services Ltd. (NYSE: ZIM), a global container liner shipping company, hereby updates that in connection with the dividend distribution expected to take place on June 8, 2022, as previously announced by the Company on May 18, 2022 (the "Dividend"), and in accordance with its previously obtained tax ruling (the "Ruling') from the Israeli Tax Authority ("ITA"), certain shareholders of the Company ("Shareholders") may be eligible to a reduced Israeli withholding tax rate with respect to their share of this Dividend, in comparison to the generally applicable withholding tax rate (the "Reduced Withholding Tax Rate"), under certain terms and conditions as set forth below. The Ruling also applies to any future dividend distributions to be made by the Company on or before December 31, 2022, if declared by the Company.
The description provided below is not intended to constitute a complete analysis of withholding tax rate procedures relating to the distribution of the Dividend, nor does it address the actual tax liability of any of the Shareholders, but merely relates to the Israeli withholding tax procedures relating to the distribution of the Dividend. Other than the Dividend previously declared by the Company to be paid on June 8, 2022, there is no guarantee the Company will declare additional dividends in the future.
Shareholders are advised to consult their own tax and financial advisors concerning the tax consequences of each particular situation, as well as any tax consequences that may arise under the laws of any state, local, foreign or other taxing jurisdiction. For the avoidance of doubt, the Agent (as defined below) has been retained by ZIM for the purpose of coordinating certain procedures relating to the Ruling, and it is NOT intended that the Agent will provide any tax advice to any of the Shareholders, who are encouraged to consult their own tax and financial advisors.
Forms required to be submitted to the Agent in connection with the Ruling as described below are attached as exhibits 99.2, 99.3 and 99.4 to Company's Current Report on Form 6-K filed with the Securities and Exchange Commission (SEC) on May 26, 2022, (www.sec.gov) and can also be found on the Company's website here.
Background
On May 18, 2022, ZIM announced a dividend payment of $2.85 per ordinary share (approximately $342 million), to holders of the ordinary shares as of May 31, 2022. Payment of the Dividend is expected to be made on June 8, 2022 (the "Payment Date").
General Withholding Tax Treatment under Israeli Law
As set out in the Company's Annual Report on Form 20-F filed with the Commission on March 9, 2022, with respect to dividends sourced from regular earnings, under the Israeli Tax Ordinance and regulations issued under the Israeli Tax Ordinance (collectively, "ITO"), the current Israeli rate of withholding tax on dividends paid by an Israeli company is 30% for distributions to a "substantial shareholder" (in general, being someone who holds, directly or indirectly, by himself or together with others, at least 10% of one or more of the means of control in the company) and 25% with respect to distributions to all other holders of Ordinary Shares ("Withholding Tax"). Notwithstanding the foregoing, as a result of the Ruling and subject to its terms and conditions, certain Shareholders, both Israeli and non-Israeli, may be eligible to a reduced Israeli withholding tax rate on their share of this dividend distribution, in comparison to the generally applicable withholding tax rate described above, (the "Reduced Withholding Tax Rate"), under certain terms and conditions as set forth below.
Summary of the Main Terms of the Ruling
The following is a summary of some of the key terms of the Ruling. It is emphasized that the description below does not purport to exhaust all the terms and conditions included in the Ruling and is not a complete translation of the Ruling. In order to enjoy the Reduced Withholding Tax Rate, Shareholders must comply with all the terms of the Ruling, a copy of which in the Hebrew language as well as an unofficial non-binding English translation thereof can be obtained free of charge by email by approaching the Agent (as defined below) at the contact details provided below.
- On the Payment Date the Company will withhold 25% of the Dividend amount and will remit the tax amount to the Agent, to be handled by the Agent in accordance with the terms and conditions of the Ruling.
- The remaining 75% of the Dividend amount will be remitted by the Company to its transfer agent, American Stock Transfer & Trust Company, LLC ("AST"), which will transfer the said amount to the Shareholders (including through brokers who hold in brokerage accounts ZIM shares on behalf of Shareholders).
- A Shareholder who is a resident of a country with which Israel has a tax treaty ("Treaty State") (based on a declaration to be provided by such Shareholder) and is the beneficial owner of the Dividend, as well as a Shareholder who is a foreign (i.e., non-Israeli) resident of a country with which Israel does NOT have a tax treaty and is the beneficial owner of the Dividend, may apply to the Agent requesting a Reduced Tax Withholding Rate. Such application must be received by the Agent between the Payment Date and July 5, 2022 ("Change of Rate Period").
- A Shareholder who declared that he or she is a resident of a Treaty State and is the beneficial owner of the Dividend may apply to the Agent during the Change of Rate Period only (subject to complying with all the documentation requirements detailed below) requesting the receipt of the monetary difference between the tax amount remitted to the Agent (at a rate of 25%) and the amount represented by the withholding tax rate set forth in the tax treaty between Israel and such Treaty State or by the limited withholding tax rate applicable to such dividend payment under the ITO, to the extent applicable.
- A Shareholder who did not declare that it, he or she is a resident of a Treaty State and is the beneficial owner of the Dividend, may apply to the Agent during the Change of Rate Period only (subject to complying with all the documentation requirements detailed below) requesting the receipt of the monetary difference between the tax amount remitted to the Agent (at a rate of 25%) and the amount represented by the withholding tax rate applicable to such dividend payment under the ITO or by the limited withholding tax rate applicable to such dividend payment under the ITO, to the extent applicable.
- Any Shareholder who claims to be entitled to a Reduced Tax Withholding Rate in accordance with the foregoing, will be required to provide the Agent with all relevant documentation as detailed in the Ruling and attached as exhibits 99.2, 99.3 and 99.4 to the Company's Current Report on form 6-K filed on May 26, 2022 with the Securities and Exchange Commission (SEC) on no later than July 5, 2022 (the end of the Change of Rate Period), including but not limited to, bank account details to which the dividend payment should be transferred, number of ZIM shares owned by the Shareholder in such account, identification document, and confirmation of residence issued by the taxing authority of the state of tax residence.
- In addition to the foregoing, the Shareholder will provide a written declaration in the form annexed to this announcement which will include declarations as to the following: (i) the Shareholder's tax residence, (ii) the Shareholder's beneficial ownership of the dividend, (iii) the investment in ZIM shares has not been made through a permanent establishment in Israel, (iv) the holding of ZIM shares is made for the Shareholder's own account and not for the account of others, and (v) the payment will not be made to a permanent establishment of the Shareholder outside of the Shareholder's tax residence.
- A non-Israeli corporate Shareholder (excluding a Shareholder covered by section 9 below) that requests a Reduced Tax Withholding Rate, will also need to provide the Agent with its updated shareholders register as of May 31, 2022, and a statement confirming that more than 75% of its shareholders, directly or indirectly, are individuals of its state of residence.
- A publicly traded non-Israeli corporate Shareholder whose shares are traded on a stock market outside of Israel and is a resident of a Treaty State, or a direct or indirect subsidiary of such Shareholder, will also provide the Agent with a declaration that it is a resident of such Treaty State or another non-Israeli state, as applicable.
- An Israeli corporate Shareholder which is entitled to a Reduced Tax Withholding Rate (including an exemption from withholding tax at source), will be able to apply to the Agent no later than July 5, 2022 (the end of the Change of Rate Period) and enclose an applicable valid ITA issued certificate setting forth a Reduced Tax Withholding Rate or an exemption from withholding tax. In addition, such Shareholder will enclose its certificate of incorporation and all other documents required as set forth above, mutatis mutandis as requested by the Agent.
- The Agent is entitled to request from the Shareholders applying for a Reduced Tax Withholding Rate additional documents in its discretion insofar as they are required to establish the tax residence of the Shareholder or its entitlement to exemption and/or to a Reduced Tax Withholding Rate.
- Notwithstanding the foregoing, no refund of excess tax withholding shall be affected by the Agent with respect to any Shareholder holding more than 5% of the issued share capital of the Company, or whose entitlement to dividend from the Company pursuant to the Dividend exceeds $500,000, other than in accordance with a specific approval issued by the ITA.
- The transfer of the amounts withheld, excluding the amounts returned to the Shareholders, as aforementioned, shall be conducted by the Agent. Subject to receipt by the Agent of your required documentation, the Agent will return the amounts withheld to the Shareholders as detailed above to the account at which the dividend payment was made within 30 days from the date the amounts withheld are paid to the ITA.
- The Ruling is aimed to address solely the issue of tax withholding procedures and should not be construed as setting the actual tax liability of any Shareholder with respect to the Dividend or otherwise.
Appointment of Israeli Tax Withholding Agent
In order to facilitate the implementation of the procedures set forth in the Ruling for the benefit of its Shareholders, the Company appointed ESOP Management & Trust Services Ltd. to serve as a processing agent for the benefit of the Shareholders in connection with the distribution of the Dividend (the "Agent"). Shareholders are asked to note that the Agent will not provide tax advice to any Shareholders, who are encouraged to consult their own tax and financial advisors. Contact information of the Agent is provided at the bottom of this announcement. We encourage you to contact the Agent if you need any clarifications in filling-in the forms required under the Ruling to obtain a Reduced Withholding Tax Rate, or if you have any questions concerning the process. Please note that the Agent (as defined below) will not provide any tax advice to any Shareholder, who should consult their own tax and financial advisors.
In order to be eligible to benefit from a Reduced Withholding Tax Rate, Shareholders must provide the Agent with all documentation required under the Ruling not later than July 5, 2022. The relevant forms included in the Ruling are and attached as exhibits 99.2, 99.3 and 99.4 to the Company's Current Report on form 6-K filed on May 26, 2022 with the SEC.
If a Shareholder fails to provide the Agent with all the documentation required by July 5, 2022, the Agent will not be able to attend to such Shareholder's application and will not be able to return any amounts originally remitted on behalf of such Shareholder nor provide any confirmation of tax withholding to such a Shareholder, either in connection with the Ruling or in connection with any other tax filing by such Shareholder.
ZIM's Agent Contact Information:
ESOP Management & Trust Services Ltd.
Tel No: +972-3-7536823
Fax No: +972-3-7602636
Email: esop-sp@esop.co.il
About ZIM
ZIM (NYSE: ZIM) is a global container liner shipping company with leadership positions in the markets where it operates. Founded in Israel in 1945, ZIM is a veteran shipping liner, with decades of experience providing customers with innovative seaborne transportation and logistics services and a reputation for industry leading transit times, schedule reliability and service excellence.
ZIM Contacts
Media:
Avner Shats
ZIM Integrated Shipping Services Ltd.
+972-4-865-2520
shats.avner@zim.com
Investor Relations:
Elana Holzman
ZIM Integrated Shipping Services Ltd.
+972-4-865-2300
holzman.elana@zim.com
Leon Berman
The IGB Group
212-477-8438
lberman@igbir.com
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SOURCE ZIM Integrated Shipping Services Ltd. | https://www.mysuncoast.com/prnewswire/2022/05/26/zim-updates-withholding-tax-procedures-june-2022-cash-dividend/ | 2022-05-26T21:03:55Z |
LITTLE RIVER-ACADEMY — The Academy Independent School District will hold a groundbreaking ceremony at the site of its new high school campus at 7 p.m. Wednesday.
The new high school, which will replace the current facility in Little River-Academy, will be built at 1000 N. State Highway 95.
The campus will help the growing district just south of Temple. Funding will be drawn from the $79 million bond issue that Academy ISD voters overwhelmingly approved in May 2021.
The new facility, which is being designed by Claycomb Associates, will be built on the 80-acre property just north of its existing high school site that Academy ISD purchased last year.
“We’re going to spend about $45 million in phase one and that will get our students into the high school,” Superintendent Billy Harlan previously told the Telegram. “So you may not see all of the classrooms completed when it first opens … but as our growth starts happening we will be able to work into phase two and phase three. Overall it’s about a $60 million project.”
The district aims to open a new high school campus in August 2023.
Templeton Demographics projects that Academy ISD, with about 1,750 students, is pegged to reach nearly 2,300 students for the 2024-25 school year as homebuilding in Temple extends south.
“Building a new high school relieves the pressure at the campuses below,” Harlan said. “As a district we can decide, based on enrollment, how many middle school students will go into the existing high school … and that just works its way down to the elementary school level.” | https://www.tdtnews.com/news/central_texas_news/article_654e8554-e549-11ec-bfa3-eb200fdd5fb3.html | 2022-06-06T05:03:12Z |
NEW YORK, July 22, 2022 /PRNewswire/ -- WHY: Rosen Law Firm, a global investor rights law firm, continues its investigation of potential securities claims on behalf of shareholders of Cavco Industries, Inc. (NASDAQ: CVCO) resulting from allegations that Cavco may have issued materially misleading business information to the investing public.
SO WHAT: If you purchased Cavco securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Rosen Law Firm is preparing a class action seeking recovery of investor losses.
WHAT TO DO NEXT: To join the prospective class action, go to https://rosenlegal.com/submit-form/?case_id=7555 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
WHAT IS THIS ABOUT: On November 8, 2018, Cavco revealed in an SEC filing that it had "received a subpoena from the SEC's Division of Enforcement requesting certain documents relating to, among other items, trading in the stock of another public company." On this news, Cavco share price fell $49.48 per share, or over 23%, to close at $165.20 per share on November 9, 2018.
On February 4, 2019, Cavco revealed that it had received requests for additional documents. Cavco further disclosed that it spent, and expected to spend, millions of dollars on legal and insurance expenses in relation to the SEC's subpoenas and Cavco's independent investigation into the matter. On this news, Cavco's share price fell $26.92 per share, or about 16.7%, to close at $134.37 per share on February 5, 2019.
On September 2, 2021, the SEC filed a complaint against Cavco, former CEO Joseph Stegmayer, and former CFO and Chief Compliance Officer Daniel Urness. The SEC complaint alleged that Stegmayer and Urness caused Cavco to purchase shares of publicly traded companies on material non-public information. On this news, Cavco's share price fell $6.59 per share, or about 2.5%, to close at $252.48 per share on September 3, 2021.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
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Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
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SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2022/07/23/rosen-leading-law-firm-encourages-cavco-industries-inc-investors-with-losses-inquire-about-securities-class-action-investigation-cvco/ | 2022-07-23T02:38:09Z |
NEW YORK, July 21, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Energy Transfer LP (NYSE: ET) between April 13, 2017 and December 20, 2021, both dates inclusive (the "Class Period"), of the important August 2, 2022 lead plaintiff deadline.
SO WHAT: If you purchased Energy Transfer 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 Energy Transfer class action, go to https://rosenlegal.com/submit-form/?case_id=6844 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 August 2, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation.
WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources or any meaningful peer recognition. Many of these firms do not actually handle securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers.
DETAILS OF THE CASE: According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or concealed and/or failed to disclose that: (1) Energy Transfer had inadequate internal controls and procedures to prevent contractors from engaging in illegal conduct with regards to drilling activities, and/or failed to properly mitigate known issues related to such controls and procedures; (2) Energy Transfer through its subsidiary hired third-party contractors to conduct horizontal directional drilling activities ("HDDs") for the Rover Pipeline Project, whose conduct of adding illegal additives in the drilling mud caused severe pollution near the Tuscarawas River in Ohio when the April 13, 2017 release of drilling mud near the Tuscarawas River (the "April 13 Release") took place; and (3) Energy Transfer continually downplayed its potential civil liabilities when the Federal Energy Regulatory Commission ("FERC") was actively investigating Energy Transfer's wrongdoing related to the April 13 Release and consistently provided it with updated information about FERC's findings on this matter. When the true details entered the market, the lawsuit claims that investors suffered damages.
To join the Energy Transfer class action, go to https://rosenlegal.com/submit-form/?case_id=6844 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
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SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2022/07/22/rosen-national-trial-lawyers-encourages-energy-transfer-lp-investors-with-losses-secure-counsel-before-important-august-2-deadline-securities-class-action-et/ | 2022-07-22T00:47:15Z |
Exhibitors line up for Sarasota’s own Comic-Con
SARASOTA, Fla. (WWSB) - Fans of comics, gaming, animation and pop culture are gathering on the Suncoast to celebrate SarasotaCon. The Convention is Sarasota’s comic con which celebrates entertainment in all mediums and genres for fans and newcomers alike.
Over 80 exhibitors have traveled to the city including comic book legend Sam De La Rossa and the professional wrestling stars, The Killer Bees in addition to art vendors, cosplayers, panels, and even famous cars from television and movies.
Carmine Desanto, a promoter for the event stated, “A lot of people are looking back to their childhood dreams and looking for the childhood collectibles that they collected as kids. What they’re looking for here is important because there aren’t many pop culture events here in Sarasota”.
The event was held at Carlisle Inn in Sarasota on August 13.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/08/13/sarasotas-own-comic-con/ | 2022-08-13T21:09:12Z |
McDonald’s era in Russia coming to a close, restaurants sold
By DEE-ANN DURBIN
AP Business Writer
McDonald’s said Thursday it has begun the process of selling its Russian business to one of its licensees in the country. The Chicago burger giant said Alexander Govor, who operates 25 restaurants in Siberia, has agreed to buy McDonald’s 850 Russian restaurants and operate them under a new brand. McDonald’s didn’t disclose the sale price. McDonald’s announced Monday that it was pulling out of the Russian market after more than 30 years because of the war in Ukraine.The sale agreement is subject to regulatory approval and is expected to close within a few weeks, McDonald’s said. | https://localnews8.com/news/ap-national-business/2022/05/19/mcdonalds-era-in-russia-coming-to-a-close-restaurants-sold/ | 2022-05-19T14:28:28Z |
“In my family, it took just one generation to go from segregation to the Supreme Court of the United States.”
With those words, Judge Ketanji Brown Jackson acknowledged both the struggles and progress of Black Americans in her lifetime.
Her words, delivered from the South Lawn of the White House on Friday, one day after her historic Senate confirmation, were a tribute to generations of Black Americans who she said paved the way for her elevation to the nation’s highest court.
“I have now achieved something far beyond anything my grandparents could have possibly ever imagined,” Jackson said, noting they had gained only grade-school educations before starting their family and later sending their children to racially segregated schools.
“The path was cleared for me, so that I might rise to this occasion,” she said. “And in the poetic words of Dr. Maya Angelou, I do so now.”
Quoting Angelou’s famous poem, “And Still I Rise,” Jackson added: “I am the dream and the hope of the slave.”
Nina Turner, a former Ohio state senator who was a prominent surrogate for Sen. Bernie Sanders’ 2020 Democratic presidential campaign, said Jackson’s speech was an awe-inspiring reminderof how far Black Americans have come amid their ongoing struggle.
“Expressing that realization out loud for all of the world to hear, as she is about to take her place as the first Black woman Supreme Court justice, was just magnificent,” said Turner.
“It is vitally important that we, as Black people, continue to remind this nation from whence we came,” she said. “The pain that it took to get to a ‘Justice Ketanji Brown Jackson’ could not be understated.”
Jackson, a judge on the U.S. Court of Appeals for the District of Columbia Circuit, said that she has been lucky on her path to the high court. Although her arrival breaks one of the remaining racial barriers in American democracy, many Black Americans still struggle to surmount systemic blocks.
She namechecked the Rev. Martin Luther King Jr., the civil rights icon, as well as Black federal judicial trailblazers such as Justice Thurgood Marshall and Judge Constance Baker Motley, thanking them for their leadership and role modeling.
“For all of the talk of this historic nomination and now confirmation, I think of them as the true path breakers,” Jackson said. “I’m just the very lucky first inheritor of the dream of liberty and justice for all.”
Melanie L. Campbell, president and CEO of the National Coalition on Black Civic Participation and convener of the Black Women’s Roundtable, watched Jackson’s speech from the White House lawn as an invited guest on Friday. With the sun shining through clouds over Washington, there was a palpable joy in the crowd over what Jackson symbolizes for the country, she said.
“It just felt like the ancestors were dancing.”
“I can see myself, in now-Justice Ketanji Brown Jackson,” Campbell added. “(Jackson) understands the significance of this moment for Black women, for women, for the nation. And it is a game changer.”
Others watching the speech also noted the diversity at the event and the image at the center — President Joe Biden flanked by the first Black female Supreme Court justice and the first Black and Asian American vice president.
Just before Vice President Kamala Harris introduced the president, she gushed over what Jackson’s confirmation will one day mean to her young, Black goddaughter.
“When I presided over the Senate confirmation vote yesterday, while I was sitting there, I drafted a note to my goddaughter,” Harris said. “I told her that I felt such a deep sense of pride and joy about what this moment means for our nation and for her future.”
Speaking directly to Jackson, Harris added: “And I will tell you, her braids are just a little longer than yours.”
Although the occasion will be noted in history books as a symbol of racial progress, Turner said Jackson’s elevation to the Supreme Court should be celebrated by Americans of all races and creeds.
“Not only should the entire Black community be proud, the entire country should be proud because this has certainly been a long time coming,” she said. “And from this victory, we certainly have an opportunity to continue to build and create more victories. We’re not done yet.”
___
Aaron Morrison writes about race and justice for the AP’s Race and Ethnicity team. He is based in New York. Follow him on Twitter: https://www.twitter.com/aaronlmorrison. | https://cw33.com/news/politics/ap-politics/jacksons-speech-highlights-us-race-struggles-progress/ | 2022-04-09T14:08:00Z |
Known for spreading joy with her inspirational content, Tabitha Brown will team up with Target to introduce four lifestyle collections, starting in June 2022
MINNEAPOLIS, May 17, 2022 /PRNewswire/ -- Target Corporation (NYSE: TGT) today announced an ongoing partnership with actress, author and social media phenomenon Tabitha Brown, encompassing four limited-time-only collections that will launch over the next year. Celebrated for her daily doses of encouragement, Tabitha Brown is teaming up with Target to deliver positive wellbeing and joy for guests through Brown's vibrant and inspirational style. The collections span categories across apparel, swim and accessories items, home and office, food and kitchenware, entertaining and more. Starting Saturday, June 11, Target guests can shop the first collection of more than 75 apparel, swim and accessories items – with most items under $30 – on Target.com and in most Target stores, while supplies last.
Tabitha Brown for Target is a progression of Target's existing relationship with Brown, who has been an influencer partner for two years, inspiring Target guests and team members alike with her joyful words of encouragement. In addition, this partnership is one of the many ways Target is continuing to support Black-owned businesses and partner with Black creators and designers, as part of the retailer's Racial Equity Action and Change (REACH) commitment.
"At Target, bringing joy to our guests is at the heart of everything we do. Tabitha Brown is known for being a beacon of positivity, making her the perfect partner to help Target continue providing inspirational, inclusive and affordable style for all," said Jill Sando, executive vice president and chief merchandising officer, Target. "We've had the pleasure of working with Tabitha for a number of years and are thrilled to take our relationship to the next level by partnering with her to introduce new limited-time collections that we know guests will love."
"As a small-town girl, I grew up with big dreams and now, those dreams have become a reality," said Tabitha Brown. "Target made me feel seen and created a safe space where I could be my authentic self. To me, joy comes from freedom, and I was free to be myself during this entire design process, which is reflected in the assortment. I hope my collections bring Target guests joy, love and optimism to their everyday lives."
Known as "America's Mom," Tabitha Brown is an actress, author, vegan chef and social media personality. She gained popularity with her viral video content that irresistibly spreads joy, earning the title of one of TikTok's top 10 creators in 2020 and amassing a loyal following of nearly 5 million. Today, Brown stars in a YouTube original kids show, has a reoccurring role on Showtime's "The Chi," co-owns a vegan restaurant and authored "Feeding the Soul" (2021).
The first Tabitha Brown for Target collection includes apparel, swim and accessories items, in bright hues and bold patterns that are easy to mix and match, in sizes XXS-4X. Ranging in price from $10-$44, the collection will be available on Target.com and in most Target stores starting June 11, as well as via Target's contactless same-day pickup options, Drive Up and Order Pickup.
More information about Tabitha Brown for Target and Target's REACH committee is available on ABullseyeView.com. Stay tuned for more updates over the next year and join the conversation on social media using #TargetTabCollab.
About Target
Minneapolis-based Target Corporation (NYSE: TGT) serves guests at nearly 2,000 stores and at Target.com. Since 1946, Target has given 5% of its profit to communities, which today equals millions of dollars a week. For the latest store count or more information, visit Target.com/Pressroom. For a behind-the-scenes look at Target, visit Target.com/abullseyeview or follow @TargetNews on Twitter.
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SOURCE Target Corporation | https://www.kxii.com/prnewswire/2022/05/17/target-announces-ongoing-partnership-with-actress-author-social-media-phenomenon-tabitha-brown/ | 2022-05-17T13:26:12Z |
Jane Fonda has been diagnosed with non-Hodgkin's Lymphoma and has begun chemotherapy treatment, the legendary actress and activist said in post shared on her verified social media account.
"This is a very treatable cancer. 80% of people survive, so I feel very lucky," she wrote.
Non-Hodgkin's Lymphoma is a cancer of the immune system. Fonda said she will be doing chemotherapy for 6 months and that she is "handling the treatments quite well," adding "and, believe me, I will not let any of this interfere with my climate activism."
Fonda has been active in raising awareness of the climate crisis after getting inspired by young environmental activist Greta Thunberg.
Fonda launched an effort in 2019 called "Fire Drill Fridays," a civil disobedience effort to raise awareness of environmental challenges.
"Cancer is a teacher and I'm paying attention to the lessons it holds for me," Fonda added of her diagnosis. "One thing it's shown me already is the importance of community. Of growing and deepening one's community so that we are not alone. And the cancer, along with my age -- almost 85 -- definitely teaches the importance of adapting to new realities."
Fonda's Netflix TV series "Grace and Frankie" wrapped up its final season in April. Fonda has additional screen projects in the works, according to her IMDB profile.
While she did not address her ongoing professional commitments, Fonda said her activism will continue.
"We're living through the most consequential time in human history because what we do or don't do right now will determine what kind of future there will be and I will not allow cancer to keep me from doing all I can, using every tool in my toolbox and that very much includes continuing to build this Fire Drill Fridays community and finding new ways to use our collective strength to make change," she wrote. "The midterms are looming, and they are beyond consequential so you can count on me to be right there together with you as we grow our army of climate champions."
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accounts, the history behind an article. | https://www.albanyherald.com/entertainment/jane-fonda-announces-shes-been-diagnosed-with-non-hodgkins-lymphoma/article_fe555a7b-816b-5b9f-a02d-2ed1fb70349a.html | 2022-09-02T21:13:52Z |
DENVER (AP) — A recount has confirmed that an indicted Colorado county clerk who alleged voting fraud lost the primary election she ran in last month in her attempt to win the post of running the state’s elections, officials announced Thursday.
The results barely changed, with Mesa County Clerk Tina Peters picking up 13 more votes in the recount of the votes cast in the June 28 election to determine the Republican candidate for secretary of state. Peters received about 29% of the vote, Democratic Secretary of State Jena Griswold said in a statement.
The winner of the GOP primary for the job of overseeing Colorado’s elections, Pam Anderson, received 13 more votes during the recount and finished with 43%. A third candidate, Mike O’Donnell, got 11 more votes.
Peters’ voicemail was full and she did not immediately return a text message or emails seeking comment on the recount results.
She filed a lawsuit Wednesday against Griswold and the state’s county clerks alleging the recount was not conducted according to state law. The lawsuit claims that the accuracy of randomly selected machines used to count ballots should have been verified with a hand count before the recount began.
Griswold’s office said in a statement that the lawsuit was meritless.
“The allegations in the lawsuit are based on debunked conspiracies that have been rejected by judges in previous cases. The recount is over and was conducted under Colorado election law and rule,” the statement said.
Peters faces several felony charges for her alleged role in allowing unauthorized people to break into her county’s election system in search of proof of the conspiracy theories spun by former President Donald Trump after his 2020 election loss.
She has denied she did anything illegal and contends the charges are politically motivated. She has issued reports purporting to show suspicious activity within voting systems, but those have been debunked by various officials and experts.
A judge prohibited Peters from overseeing last year’s and this year’s local elections in Mesa County, a western region of the state that is largely rural and heavily Republican. Trump lost Colorado in 2020 but won the majority of the vote in this county.
Peters’ margin of loss in the GOP secretary of state primary did not require an automatic recount but she raised more than the $256,000 required to pay for one, reportedly mostly from supporters outside the state after making a plea for help on Steve Bannon’s podcast.
During the recount, 37 ballots that had been filled out and returned by voters were discovered in a bin with ballots returned as undeliverable that were being prepared for storage in Elbert County, which is near Denver.
Those ballots were opened and counted for the first time during the recount but did not change the results of any race, the secretary of state’s office said.
A breakdown of county recount results provided by Griswold’s office showed that there were also some small changes in ballot tallies in other counties that changed the vote results. | https://cw33.com/news/politics/ap-politics/recount-confirms-that-indicted-colorado-clerk-lost-election/ | 2022-08-05T13:15:59Z |
More than 30 people, including children, killed in stampede at church event in Nigeria
By Nimi Princewill, CNN
More than 30 people were killed and others injured when a stampede broke out at a church event in the southeastern Nigerian city of Port Harcourt on Saturday, according to police and security officials.
Most of the casualties were children.
The incident took place at a local polo club, where the nearby Kings Assembly Church had organized a gift donation drive, according to Olufemi Ayodele, a regional spokesman for Nigeria’s Civil Defense Corps.
“During the process of distributing the gift items, there was a stampede due to overcrowding,” he said. “Casualties were children mostly.”
The drive had not yet started when the stampede took place, said Grace Woyengikuro Iringe-Koko, a spokeswoman for the state police. Woyengikuro Iringe-Koko said the crowd forced their way into the venue, despite the fact that the gate was closed, resulting in the deadly charge.
Thirty-one people have been confirmed dead, Woyengikuro Iringe-Koko said. Seven injured people were hospitalized after the incident, she added.
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CNN’s Manveena Suri contributed to this report | https://localnews8.com/news/national-world/cnn-europe-mideast-africa/2022/05/28/more-than-30-people-including-children-killed-in-stampede-at-church-event-in-nigeria/ | 2022-05-28T17:07:23Z |
Almonds power-packed nutrient package fuels and sustains Marvel fans this summer
MODESTO, Calif., July 26, 2022 /PRNewswire/ -- California Almonds teams up with Marvel Studios' "Thor: Love and Thunder," which premiered in theaters July 8, to celebrate the release of the film.
Experience the interactive Multimedia News Release here: https://www.multivu.com/players/English/9067851-california-almonds-marvel-studios-thor-love-and-thunder/
In the new cosmic adventure, the God of Thunder (Chris Hemsworth) teams up with King Valkyrie (Tessa Thompson), Korg (Taika Waititi) and ex-girlfriend-turned-Mighty-Thor Jane Foster (Natalie Portman) to take on a galactic killer known as Gorr the God Butcher (Christian Bale).
Many can relate to the feeling of wanting to make healthy lifestyle choices - whether you're on an epic journey of self-discovery or taking a trip to the movies, almonds can help contribute to the goal of a balanced, healthy routine.
A good source of essential vitamins and nutrients, including antioxidant vitamin E, magnesium, 6g of plant-based protein, 13 grams of unsaturated fat and 1 gram of saturated fat, plus 4g of fiber per 1 oz serving, almonds can be your super-powered friend in wellness.
"Earlier this year in the U.S., the Almond Board of California launched a new campaign to demonstrate how almonds can be a reliable "Friend in Wellness," said Emily Fleischmann, Vice President, Global Market Development at the Almond Board of California. "With Marvel Studios' Thor: Love and Thunder highlighting Thor's own journey that would guide him in this epic adventure, we couldn't have imagined a more organic synergy to inspire more people around the world to live well. The lead up to the film release was a sensational moment in time to share the many ways that almonds can be a weapon in wellness in your everyday hero journey."
The Almond Board of California and Marvel Studios' "Thor: Love and Thunder" advertising campaign will run in five markets including the U.S., Mexico, Italy, U.K. and India. Look for the U.S. campaign through the end of July on popular television channels, streaming platforms and social media.
This summer, don't miss Thor and Mighty Thor's journey in Marvel Studios' Thor: Love and Thunder, now in theaters.
About Marvel Studios' Thor: Love and Thunder
Marvel Studios' "Thor: Love and Thunder" finds the God of Thunder (Chris Hemsworth) on a journey unlike anything he's ever faced – one of self-discovery. But his efforts are interrupted by a galactic killer known as Gorr the God Butcher (Christian Bale), who seeks the extinction of the gods. To combat the threat, Thor enlists the help of King Valkyrie (Tessa Thompson), Korg (Taika Waititi) and ex-girlfriend Jane Foster (Natalie Portman), who – to Thor's surprise – inexplicably wields his magical hammer, Mjolnir, as the Mighty Thor. Together, they embark upon a harrowing cosmic adventure to uncover the mystery of the God Butcher's vengeance and stop him before it's too late. Directed by Taika Waititi ("Thor: Ragnarok," "Jojo Rabbit") and produced by Kevin Feige and Brad Winderbaum, "Thor: Love and Thunder" opened in U.S. theaters July 8, 2022.
About California Almonds
California Almonds make life better by what we grow and how we grow. The Almond Board of California promotes natural, wholesome and quality almonds through leadership in strategic market development, innovative research, and accelerated adoption of industry best practices on behalf of the more than 7,600 almond farmers and processors in California, most of whom are multi-generational family operations. Established in 1950 and based in Modesto, California, the Almond Board of California is a non-profit organization that administers a grower-enacted Federal Marketing Order under the supervision of the United States Department of Agriculture. For more information on the Almond Board of California or almonds, visit Almonds.com or check out California Almonds on Facebook, Twitter, Pinterest, Instagram and the California Almonds blog.
Media Contact: Megan Brodsky | megan.brodsky@porternovelli.com | (209) 687-9212
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SOURCE California Almonds | https://www.wibw.com/prnewswire/2022/07/26/marvel-studios-thor-love-thunder-california-almonds-team-up-inspire-fans-wellness-journeys/ | 2022-07-26T10:27:32Z |
PISCATAWAY, N.J. and BANGALORE, India , Aug. 17, 2022 /PRNewswire/ -- Marlabs Inc., a leading digital solutions company, today announced that it has been awarded the 'Relevant Provider' status across four of the six categories in the ISG Provider Lens™ MarTech Services 2022 Research. The services include Digital Commerce Optimization, Digital Experience & Content, Social & Relationships and Strategic MarTech Services.
The ISG Provider Lens™ 2022 MarTech report is an independent service provider comparison report. Using data-driven research, ISG analyzes global MarTech Vendors through a proprietary framework across variety of services and technologies to support businesses through digital marketing including digital advertising, strategic services, data analytics, and content capabilities.
Marlabs has strategic partnerships with leading market-leading OEMs like Salesforce, Sitecore and Adobe. Marlabs Digital Services has helped digitally transform global organizations and create deeper and meaningful engagements with end customers.
Read More: the ISG Provider Lens™ MarTech Services 2022 Research
"This recognition is a strong validation of our focus to enable organizations digitally transform their customer experience initiatives while enhancing business functions with insightful design and data led outcomes. As the marketing epicenter shifts to blending creativity with incisive data driven insights, CMOs and CDOs must collaborate to create personalized customer experiences. Marlabs is uniquely positioned here, to help organizations through this digital explosion of consumer data and realize the true potential of MarTech," said Raghu Rao, SVP Marlabs.
ISG analyst, Mauricio Ohtani states, "Marlabs shows great promise as an upcoming provider of MarTech services for large and mid-size clients, with a strong market presence across the U.S. and the company is highly capable of implementing marketing-related business solutions. The company demonstrates significant depth across delivering digital solutions specific to building strong end consumer experiences. Marlabs' Digital services stood out in the report by differentiating themselves as a unique combination of design-led advisory, experience-led business realization & implementation services across marketing tech and ecommerce."
About Marlabs:
Marlabs helps leading companies around the world make operations sleeker, keep customers closer, transform data into decisions, de-risk cyberspace, boost legacy systems, and capture novel opportunities and digital-led revenues. It provides digital-first strategy and advisory services, rapid solution incubation and prototyping, and agile digital solution engineering. Marlabs is headquartered in New Jersey, with offices in the US, Germany, Brazil, and India.
About ISG:
ISG is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including 75 of the top 100 enterprises in the world. The firm specializes in digital transformation services, including automation, cloud, and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Connecticut, ISG is known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry's most comprehensive marketplace data.
Media Contact:
media@marlabs.com
Logo: https://mma.prnewswire.com/media/1879917/Marlabs_Logo.jpg
Logo: https://mma.prnewswire.com/media/1879916/ISG_Provider_Lens_Logo.jpg
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SOURCE Marlabs | https://www.wibw.com/prnewswire/2022/08/17/marlabs-identified-relevant-provider-isg-provider-lens-quadrant-study-marketing-technology-martech-solutions-services-2022/ | 2022-08-17T12:10:15Z |
PITTSBURGH, Sept. 5, 2022 /PRNewswire/ -- "I wanted to create a way to sanitize your debit or credit card right when potential contamination occurs after a transaction," said an inventor, from Humboldt, Tenn., "so I invented the SANI- SLIDE. My design would increase sanitation and safety for users."
The patent-pending invention provides a convenient way to sanitize a credit or debit card after use. In doing so, it eliminates the need to put a contaminated card back into your wallet. As a result, it helps to reduce the spread of germs and viruses and it provides added protection and peace of mind during the current pandemic. The invention features a portable and practical design that is easy to use so it is ideal for the general population, commercial establishments, restaurants, etc. Additionally, it is producible in design variations.
The original design was submitted to the Nashville sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-NAM-192, 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/2022/09/05/inventhelp-inventor-develops-way-sanitize-credit-or-debit-card-nam-192/ | 2022-09-05T20:10:35Z |
FSP201 delivers superior orientation and heading accuracy, providing high quality, low cost, sensor-agnostic solution for robotics, 3D audio, metaverse hardware & general 6-axis motion applications
ROCKVILLE, Md., June 9, 2022 /PRNewswire/ -- CEVA, Inc. (NASDAQ: CEVA), the leading licensor of wireless connectivity, smart sensing technologies, and integrated IP solutions, today announced that it has expanded its family of sensor fusion products with the introduction of the FSP201, a high-performance and low-power sensor hub MCU that delivers precise, accurate sensor fusion for motion tracking, heading and orientation detection. The FSP201 is ideal for consumer robotics and other emerging smart devices employing sensor fusion technologies, including XR glasses, 3D audio headsets and the wide range of 6-axis motion use cases across IoT and the metaverse.
The FSP201 combines CEVA's award-winning proprietary MotionEngine™ sensor processing software - that has powered more than 250 million devices to date - into a low-power 32-bit Arm Cortex M23 MCU and offers a high performance, high quality and low-cost solution optimized for consumer applications. The FSP201 provides manufacturers the flexibility to choose from a pre-qualified list of external 6-axis IMU sensors (accelerometer plus gyroscope) - from different sensor suppliers - to ensure supply chain flexibility, and provide the performance and features required for motion tracking, heading and orientation detection, including:
- Correction Smoothing: Corrects orientation drift slowly and transparently to the user for head and body tracking to maintain an immersive XR or 3D audio experience;
- Auto-Centering: Dynamically recenters the soundstage in 3D audio applications based on a user's gaze to maintain immersion in dynamic conditions and eliminate drift;
- Tilt Independent Heading: Allows for proper heading output even when a robot's driving surface is uneven, enabling rapid adjustment to obstacles or changes in flooring types;
- Inclination Detection: Provides full 3DOF robot orientation allowing detection of surface and device issues that could cause the robot to become stuck or damaged;
- Dynamic Calibration: Proprietary algorithms monitor changes in sensor performance and temperature during live operation to deliver the highest performance; and
- Sensor Independence: Several low-cost MEMS sensors from leading suppliers are pre-qualified and have drivers pre-integrated to accelerate development and ensure supply chain flexibility.
The FSP201 fits simply into any design and uses I2C and UART industry interfaces for chip connectivity. It can be placed directly on the target product's main circuit board or designed into a separate module, providing manufacturers with ultimate flexibility. The turn-key sensor hub MCU benefits developers and integrators through faster time-to-market, reductions in development time, reduced BOM cost, and the highest precision and quality.
Crucially, the FSP201 is code-compatible with the BNO08X series of 9-axis sensor System-in-Package (SIP) products, facilitating developers to easily migrate to a 6-axis FSP201 based solution or take advantage of CEVA's sensor fusion technologies in new product lines that do not require 9-axis sensor fusion.
Due to supply chain constraints and component shortages, many MCU and IMU sensor devices continue to experience long wait times. CEVA has secured supply of the FSP201 MCU and IMU sensors to enable fast time-to-market, which makes FSP201 an ideal solution for near- and long-term production requirements.
"We are pleased to expand our portfolio of silicon products for high performance, cost sensitive sensor fusion applications with the addition of the FSP201 MCU," said Chad Lucien, Vice President and General Manager of the Sensors and Audio Business Unit at CEVA. "High precision motion tracking, heading and orientation are key features of today's consumer robots and entertainment devices, and are central to emerging metaverse and IoT applications and services. FSP201 ensures developers can rapidly develop products that leverage our industry-leading sensor processing technologies with components that are readily available in 2022."
The FSP201 is available for immediate sampling along with documentation and evaluation tools via our designated distributors. For more information, please visit https://www.ceva-dsp.com/product/hillcrest-labs-chips-and-modules/.
About CEVA, Inc.
CEVA is the leading licensor of wireless connectivity, smart sensing technologies, and integrated IP solutions for a smarter, safer, connected world. We provide Digital Signal Processors, AI engines, wireless platforms, cryptography cores and complementary software for sensor fusion, image enhancement, computer vision, voice input and artificial intelligence. These technologies are offered in combination with our Intrinsix IP integration services, helping our customers address their most complex and time-critical integrated circuit design projects. Leveraging our technologies and chip design skills, many of the world's leading semiconductors, system companies and OEMs create power-efficient, intelligent, secure and connected devices for a range of end markets, including mobile, consumer, automotive, robotics, industrial, aerospace & defense and IoT.
Our DSP-based solutions include platforms for 5G baseband processing in mobile, IoT and infrastructure, advanced imaging and computer vision for any camera-enabled device, audio/voice/speech and ultra-low-power always-on/sensing applications for multiple IoT markets. For sensor fusion, our Hillcrest Labs sensor processing technologies provide a broad range of sensor fusion software and inertial measurement unit ("IMU") solutions for markets including hearables, wearables, AR/VR, PC, robotics, remote controls and IoT. For wireless IoT, our platforms for Bluetooth (low energy and dual mode), Wi-Fi 4/5/6/6E (802.11n/ac/ax), Ultra-wideband (UWB), NB-IoT and GNSS are the most broadly licensed connectivity platforms in the industry.
Visit us at www.ceva-dsp.com and follow us on Twitter, YouTube, Facebook, LinkedIn and Instagram.
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SOURCE CEVA, Inc. | https://www.wibw.com/prnewswire/2022/06/09/ceva-expands-sensor-fusion-product-line-with-new-sensor-hub-mcu-high-precision-motion-tracking-orientation-detection/ | 2022-06-09T12:08:19Z |
Inspired by the Past & Driven Toward the Future, Official Logo and Colors Will Be Synonymous with Supercross' Premier Global Championship for Years to Come
QUEENSLAND, Australia, June 23, 2022 /PRNewswire/ -- SX Global, the Australian sports and entertainment company spearheading the FIM World Supercross (WSX) Championship, today unveiled a new logo and branding elements that will visually characterize supercross' global Championship in the minds of fans for years to come.
Design direction was spearheaded by Cochrane Entertainment's Director Thea Jeanes-Cochrane, on behalf of SX Global and in partnership with Pangaea Creative, a leading motorsport design agency based in London. The new brand identity is marked by an energetic, bold color palette, highlighted by blazing orange and charcoal grey; with a design aesthetic that reaches back to classic motorsport culture and pulls it forward with a contemporary, modern design sensibility. The dynamic, neoteric design language will serve as the WSX Championship's definitive visual persona, while creating a vivid thread that ties the Championship, and the International Grand Prix rounds together with a wide range of marketing and promotional touch points with consumers.
The WSX logo and brand elements are grounded in the geometry of supercross, featuring a visual system of shapes and angles that call upon the most recognized features and elements of supercross tracks. Sharp angles and flowing curves carry through the visual outlines of whoops, rhythm sections, doubles, triples and hairpin turns, all tied together to create a simple, yet powerful and authentic visual identity.
The creation of the new WSX logo and brand identity are the latest in a series of ongoing development efforts that will continue to elevate and solidify the FIM World Supercross Championship. The Championship will feature a highly exclusive structure, with unparalleled level of financial support for teams, including seed funding for every team awarded a license, appearance fees at every round, and logistics and freight support. WSX will feature the richest championship prize purses in the sport's history, with a total of USD$250,000 up for grabs at each round.
The new FIM World Supercross Championship logo and its design aesthetic was unveiled through a spectacular 40 second hype reel which can be viewed HERE.
For more information and updates news and announcements on the FIM World Supercross Championship visit wsxchampionship.com.
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SOURCE SX Global | https://www.kxii.com/prnewswire/2022/06/23/fim-world-supercross-championship-unveils-new-logo-global-brand-identity-reveal/ | 2022-06-23T16:10:16Z |
BOSTON, Aug. 1, 2022 /PRNewswire/ -- Stealth BioTherapeutics Corp (Nasdaq: MITO), a clinical-stage biotechnology company focused on the discovery, development, and commercialization of novel therapies for diseases involving mitochondrial dysfunction, announced today that it has entered into a definitive Agreement and Plan of Merger (the "Merger Agreement") with Stealth Parent Limited, an exempted company with limited liability incorporated under the law of the Cayman Islands ("Parent"), and Stealth Merger Sub Limited, an exempted company with limited liability incorporated under the law of the Cayman Islands and a wholly-owned subsidiary of Parent ("Merger Sub"), to be acquired by a consortium of investors led by Morningside Venture (I) Investments Ltd. for itself and on behalf of its affiliates ("Morningside") and J. Wood Capital Advisors LLC ("J. Wood Capital") (the "Consortium") in an all-cash transaction. Pursuant to the terms of the Merger Agreement, and subject to the terms and conditions thereof, Merger Sub will merge with and into the Company with the Company being the surviving company and becoming a wholly-owned subsidiary of Parent (the "Merger").
Pursuant to the Merger Agreement, at the effective time of the Merger (the "Effective Time"), each ordinary share, par value US$0.0003 per share, of the Company (each, a "Share") issued and outstanding immediately prior to the Effective Time will be cancelled and cease to exist, in exchange for the right to receive US$0.03125 in cash without interest (the "Per Share Merger Consideration"), and each outstanding American Depositary Share of the Company (each an "ADS," representing 12 Shares, and collectively, the "ADSs") will be cancelled in exchange for the right to receive US$0.375 in cash without interest (less any ADS cancellation fees not to exceed $0.05 per ADS) (the "Per ADS Merger Consideration"), except for (a) Shares (including Shares represented by ADSs) beneficially owned by Morningside and its affiliates, (b) Shares (including Shares represented by ADSs) owned by Parent, Merger Sub or the Company (as treasury shares, if any) or by any of their direct or indirect subsidiaries, and (c) Shares that are held by a holder who has validly exercised and not withdrawn or lost its right to dissent from the Merger pursuant to Section 238 of the Companies Act of the Cayman Islands, which will be cancelled and cease to exist and will entitle the former holder thereof to receive payment of the fair value of such dissenting shares in accordance with Section 238 of the Companies Act of the Cayman Islands.
The Per ADS Merger Consideration represents (before taking into account any ADS cancellation fees) a premium of 34.4% to the closing price of the Company's ADSs on June 24, 2022, the last trading day prior to the Company's announcement of its receipt of the original "going-private" proposal, and a premium of 43.9% to the average closing price of the Company's ADSs during the last 30 trading days prior to its receipt of the original "going-private" proposal.
The Consortium intends to fund the Merger through cash contributions from members of the Consortium.
The Company's Board, acting upon the unanimous recommendation of a committee of independent and disinterested directors established by the Board (the "Special Committee"), approved the Merger Agreement and the Merger. The Special Committee negotiated the terms of the Merger Agreement with the assistance of its independent financial and legal advisors.
The Merger, which is currently expected to close during the second half of 2022, is subject to customary closing conditions including the approval of the Merger Agreement by an affirmative vote of holders of Shares representing at least two-thirds of the voting power of the Shares present and voting in person or by proxy as a single class at a meeting of the Company's shareholders which will be convened to consider the approval of the Merger Agreement and the Merger. Morningside Venture (I) Investments Limited, Season Pioneer Investments Limited and Equal Talent Investments Limited have agreed to vote all of the Shares and ADSs they beneficially own, which represent approximately 65% of the voting rights attached to the total outstanding Shares of the Company as of the date of the Merger Agreement, in favor of the authorization and approval of the Merger Agreement and the Merger. If completed, the Merger will result in the Company becoming a privately-held company and its ADSs will no longer be listed on NASDAQ.
Houlihan Lokey Capital, Inc. is serving as financial advisor to the Special Committee; Wilmer Cutler Pickering Hale and Dorr LLP is serving as U.S. legal counsel to the Special Committee and the Company and Walkers is serving as Cayman Islands legal counsel to the Special Committee and the Company.
Goodwin Procter LLP is serving as U.S. legal counsel to the Consortium and Campbells LLP is serving as Cayman Islands legal counsel to the Consortium.
Additional Information About the Merger
The Company will furnish to the U.S. Securities and Exchange Commission (the "SEC") a current report on Form 6-K regarding the Merger, which will include as an exhibit thereto the Merger Agreement. All parties desiring details regarding the Merger are urged to review these documents, which will be available at the SEC's website (http://www.sec.gov).
In connection with the Merger, the Company will prepare and mail a Schedule 13E-3 Transaction Statement (the "Schedule 13E-3"). The Schedule 13E-3 will be filed with the SEC. INVESTORS AND SHAREHOLDERS ARE URGED TO READ CAREFULLY AND IN THEIR ENTIRETY THE SCHEDULE 13E-3 AND OTHER MATERIALS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE COMPANY, THE MERGER, AND RELATED MATTERS. In addition to receiving the Schedule 13E-3 by mail, shareholders also will be able to obtain these documents, as well as other filings containing information about the Company, the Merger, and related matters, without charge from the SEC's website (http://www.sec.gov).
About Stealth BioTherapeutics
We are a clinical-stage biotechnology company focused on the discovery, development, and commercialization of novel therapies for diseases involving mitochondrial dysfunction. Mitochondria, found in nearly every cell in the body, are the body's main source of energy production and are critical for normal organ function. Dysfunctional mitochondria characterize a number of rare genetic diseases and are involved in many common age-related diseases, typically involving organ systems with high energy demands such as the eye, the neuromuscular system, the heart and the brain. We believe our lead product candidate, elamipretide, has the potential to treat ophthalmic diseases entailing mitochondrial dysfunction, such as dry AMD, rare neuromuscular disorders, such as primary mitochondrial myopathy and Duchenne muscular dystrophy, and rare cardiomyopathies, such as Barth syndrome. We are evaluating our second-generation clinical-stage candidate, SBT-272, for rare neurological disease indications, such as amyotrophic lateral sclerosis and frontotemporal lobar dementia, following promising preclinical data. We have optimized our discovery platform to identify novel mitochondria-targeted compounds which may be nominated as therapeutic product candidates or utilized as mitochondria-targeted vectors to deliver other compounds to mitochondria.
Forward-looking Statements
This press release contains forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. Such forward-looking statements include those regarding Stealth BioTherapeutics' expectations regarding the timing of the closing of the Merger and the potential benefits thereof. Statements that are not historical facts, including statements about Stealth BioTherapeutics' beliefs, plans and expectations, are forward-looking statements. The words "anticipate," "expect," "hope," "plan," "potential," "possible," "will," "believe," "estimate," "intend," "may," "predict," "project," "would" and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Stealth BioTherapeutics may not actually achieve the plans, intentions or expectations disclosed in these forward-looking statements, and you should not place undue reliance on these forward-looking statements. Actual results or events could differ materially from the plans, intentions and expectations disclosed in the forward-looking statements as a result of known and unknown risks, uncertainties and other important factors, including: the ability of the parties to meet the closing conditions required to complete the Merger on anticipated timing; the ability of the Consortium to obtain financing for the transaction; Stealth BioTherapeutics' ability to obtain additional funding and to continue as a going concern; the impact of the COVID-19 pandemic; the ability to successfully demonstrate the efficacy and safety of Stealth BioTherapeutics' product candidates and future product candidates; the preclinical and clinical results for Stealth BioTherapeutics' product candidates, which may not support further development and marketing approval; the potential advantages of Stealth BioTherapeutics' product candidates; the content and timing of decisions made by the FDA, the EMA or other regulatory authorities, investigational review boards at clinical trial sites and publication review bodies, which may affect the initiation, timing and progress of preclinical studies and clinical trials of Stealth BioTherapeutics product candidates; Stealth BioTherapeutics' ability to obtain and maintain requisite regulatory approvals and to enroll patients in its planned clinical trials; unplanned cash requirements and expenditures; competitive factors; Stealth BioTherapeutics' ability to obtain, maintain and enforce patent and other intellectual property protection for any product candidates it is developing; and general economic and market conditions. These and other risks are described in greater detail under the caption "Risk Factors" included in Stealth BioTherapeutics' most recent Annual Report on Form 20-F filed with the Securities and Exchange Commission ("SEC"), as well as in any future filings with the SEC. Forward-looking statements represent management's current expectations and are inherently uncertain. Except as required by law, Stealth BioTherapeutics does not undertake any obligation to update forward-looking statements made by us to reflect subsequent events or circumstances.
Investor Relations for the Company
Kendall Investor Relations
Adam Bero, Ph.D.
abero@kendallir.com
IR@StealthBT.com
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SOURCE Stealth BioTherapeutics Inc. | https://www.wibw.com/prnewswire/2022/08/01/stealth-biotherapeutics-corp-enters-definitive-agreement-going-private-transaction/ | 2022-08-01T13:22:21Z |
STAMFORD, Conn., July 18, 2022 /PRNewswire/ -- Synchrony Financial (NYSE: SYF) today announced its second quarter 2022 results for the period ending June 30, 2022. The earnings news release, financial tables and related materials can be found on the company's investor relations website at www.investors.synchrony.com/financial-results.
Today at 8:00 AM Eastern Time, Brian Doubles, President and Chief Executive Officer, and Brian Wenzel Sr., Executive Vice President and Chief Financial Officer, will host a conference call to review the financial results and outlook for certain business drivers. The conference call can be accessed via an audio webcast through the investor relations website at www.investors.synchrony.com, under events and presentations. A replay will also be available on the website.
Synchrony (NYSE: SYF) is a premier consumer financial services company delivering one of the industry's most complete digitally-enabled product suites. Our experience, expertise and scale encompass a broad spectrum of industries including digital, health and wellness, retail, telecommunications, home, auto, outdoor, pet and more. We have an established and diverse group of national and regional retailers, local merchants, manufacturers, buying groups, industry associations and healthcare service providers, which we refer to as our "partners." We connect our partners and consumers through our dynamic financial ecosystem and provide them with a diverse set of financing solutions and innovative digital capabilities to address their specific needs and deliver seamless, omnichannel experiences. We offer the right financing products to the right customers in their channel of choice. For more information, visit www.synchrony.com and Twitter: @Synchrony.
Investor Relations
Kathryn Miller
Synchrony
(203) 585-6291
Kathryn.miller@syf.com
Media Relations
Lisa Lanspery
Synchrony
(203) 585-6143
lisa.lanspery@syf.com
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SOURCE Synchrony Financial | https://www.kxii.com/prnewswire/2022/07/18/synchrony-reports-second-quarter-2022-results/ | 2022-07-18T10:17:31Z |
NEW YORK (AP) — The New York Times has named Joseph Kahn as its new executive editor, replacing Dean Baquet with his current second-in-command to lead the storied news organization as it undergoes a period of rapid transformation in the digital age.
Kahn, who has been managing editor at The Times since 2016, will take over on June 14. Baquet, who at 65 has reached traditional retirement age for The Times’ top newsroom leader, will remain at the newspaper in a capacity that will be announced later.
Kahn joined the newspaper in 1998 from The Wall Street Journal. He previously served as the newspaper’s Beijing bureau chief and led its international desk, which won six Pulitzer Prizes under his stewardship.
The newspaper has made a rapid transition in recent years, with its roughly 10 million digital subscriptions increased ten-fold since 2014. It produces a popular podcast, “The Daily,” started a video investigative unit,bought the sports website The Athleticand now even owns the popular word game, Wordle.
The newspaper’s publisher and chairman, A.G. Sulzberger, said in a memo to staff that the appointment should come as no surprise to many. Baquet told him that Kahn was more prepared to lead a newsroom like The Times than any editor he’s ever seen.
“We couldn’t ask for a better leader for our newsroom amid a historic convergence of events,” Sulzberger said. “And as one of the architects of our digital transformation, Joe’s vision will be crucial as we seek to become even more valuable to readers around the world.”
Kahn was not made available for comment on Tuesday.
Kahn, a Harvard graduate, began work at The Dallas Morning News but set his sights on China, and was working there when the Journal hired him in 1993. After joining The Times, he also worked as a business reporter in New York and Washington.
In management as Baquet’s partner, Kahn has led The Times’ push into becoming a digital-first operation, championed different forms of storytelling and has led the organization’s efforts to make the newsroom more diverse and inclusive, Sulzberger said.
“Some will interpret this promotion as a sign of confidence in our current path,” Sulzberger said. “That’s true.”
The Times hasn’t been the only newsroom to face leadership change. Last year The Washington Post named Sally Buzbee as its executive editor earlier this year, the Los Angeles Times hired Kevin Merida in the same role and The Associated Press named Julie Pace as its newsroom leader. ABC, CBS News and MSNBC also have new leaders.
Baquet has led the newsroom for the past eight years. | https://cw33.com/business/ap-business/new-york-times-promotes-joseph-kahn-to-executive-editor/ | 2022-04-19T16:15:50Z |
ATLANTA, July 27, 2022 /PRNewswire/ -- Rollins Inc. (NYSE: ROL), a premier global consumer and commercial services company, announced today that its Board of Directors has unanimously approved the Company's long-term leadership succession plan.
The plan provides that effective January 1, 2023, the Company's current President and Chief Operating Officer, Jerry Gahlhoff Jr., is expected to become Rollins' President and Chief Executive Officer. Gary W. Rollins, current Chairman and Chief Executive Officer, is expected to remain as Chairman of the Board of Directors. In preparation for this expected promotion, Jerry will spend the next 5 months working on this transition with Gary and John Wilson, Vice Chairman.
"I've had the pleasure of supporting the company and our pest control business for over 56 years and am fortunate to have had the opportunity to lead this great organization," said Gary Rollins, Chairman and CEO at Rollins. "I look forward to Jerry's advancement and my continuation as Chairman of the Board. I am extremely pleased with our succession plan and our outstanding leadership team."
Jerry joined Rollins during the Company's 2008 acquisition of HomeTeam, where he served in a variety of leadership roles including President. He was named President and COO of Rollins in 2020 and joined the Board of Directors in 2021.
"Jerry is an exceptional leader, with great vision and a deep understanding of our industry and our customers," Rollins said. "His years of service have been marked by outstanding performance, most recently as our President and COO. Jerry has had the unique opportunity to be intimately involved in most every facet of our organization. I have the utmost confidence he will continue to build on the strong heritage of our organization, and its track record."
Jerry Gahlhoff commented, "I am deeply honored to be named incoming CEO and look forward to leading this great organization into our next phase of growth and achievement. I am confident that the solid foundation Gary and others have created over the years – grounded in our culture of providing excellent customer service and business expansion – will serve us for years to come. Our entire organization is grateful for Gary's leadership, and I know we will continue to benefit from his vision and guidance as our Chairman."
ABOUT ROLLINS, INC.
Rollins, Inc. is a premier global consumer and commercial services company. Through its family of leading brands, Orkin, HomeTeam Pest Defense, Clark Pest Control, Northwest Exterminating, McCall Service, Trutech, Critter Control, Western Pest Services, Waltham Services, OPC Pest Services, The Industrial Fumigant Company, PermaTreat, Crane Pest Control, Missquito, Orkin Canada, Orkin Australia, Safeguard (UK), Aardwolf Pestkare (Singapore), and more, the Company and its franchises provide essential pest control services and protection against termite damage, rodents and insects to more than 2.8 million customers in North America, South America, Europe, Asia, Africa, and Australia from more than 800 locations. You can learn more about Rollins and its subsidiaries by visiting our web site at www.rollins.com, where you can also find this and other news releases by accessing the news releases button.
CAUTION REGARDING FORWARD-LOOKING STATEMENTS
This press release together with other statements and information publicly disseminated by the Company, may contain forward-looking statements that involve risks and uncertainties concerning the business of Rollins, Inc. We have based these forward- looking statements largely on our current opinions, expectations, beliefs, plans, objectives, assumptions and projections about future events. Such forward looking statements include, but are not limited to, statements regarding the Company's plans and expectations in connection with the CEO succession plan and transition of CEO leadership from Mr. Rollins to Mr. Gahlhoff, the relationship of Mr. Rollins to the Company post-transition and other plans and expectations.
It is not possible for our management to predict all risks, nor can we assess the impact of all factors on our business or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements we may make. In light of these risks, uncertainties and assumptions, the future events discussed in this press release may not occur and actual results may differ materially and adversely from those anticipated or implied in the forward-looking statements. You should read this press release with the understanding that our actual future results, performance and events and circumstances may be materially different from what we expect. In addition, these forward-looking statements are subject to a number of risks, uncertainties and assumptions, including those described in the section titled "Risk Factors" set forth in Part I, Item 1A of our 2021 Annual Report and in our other SEC filings. Forward-looking statements speak only as of the date of this press release, and you should not put undue reliance on any forward-looking statements. We assume no obligation to publicly update or revise any forward-looking statements because of new information, future events, changes in assumptions or otherwise, except to the extent required by applicable laws. If we update one or more forward-looking statements, no inference should be drawn that we will make additional updates with respect to those or other forward-looking statements. While we believe that such information provides a reasonable basis for these statements, such information may be limited or incomplete. These statements are inherently uncertain, and investors are cautioned not to unduly rely on these statements.
For Further Information
Julie Bimmerman (404) 888-2103
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SOURCE Rollins, Inc. | https://www.mysuncoast.com/prnewswire/2022/07/27/rollins-inc-board-directors-approves-2023-ceo-succession-plan/ | 2022-07-27T15:24:27Z |
Bill Miller to Remain as Executive Chairman of the Board
COLORADO SPRINGS, Colo., May 16, 2022 /PRNewswire/ -- Axellio announced today that Scott Aken has been named as the company's new Chief Executive Officer. He succeeds Bill Miller, who will remain as Executive Chairman of the Board. Aken brings a wealth of expertise and a passion for securing and defending against cyber threats with more than 20 years in cybersecurity and mobile technologies.
Most recently, Aken was president of Charon Technologies, a subsidiary of CACI International, where he more than doubled profit and significantly increased revenue in less than two years. During his nine-year tenure at Charon Technologies, his team added 20 unique security technology products to the company's portfolio, with immediate impact to government and commercial customers.
Earlier in his career, Aken held key leadership roles in L-3 Communications and SAIC, developing corporate-wide cyber strategies and cyber product and solution offerings and determining key cyber investments. He built his cyber expertise as a former Special Agent with the FBI through numerous cyber counterintelligence computer intrusion investigations and was a member of their elite Cyber Action Team.
Prior to his career at the FBI, Aken spent nine years working in the software and Internet industry, holding leadership positions at VeriSign/Network Solutions, GE Information Services, and Manuguistics, Inc, a JDA Software company.
"Axellio has evolved into a network security innovation leader that supports the defense and intelligence communities, as well as commercial customers," said Miller. "Scott's deep experience in cybersecurity and the federal government market is a perfect fit for the company, and will undoubtedly help us to accelerate our growth."
"Axellio is uniquely positioned to meet the cybersecurity needs of the federal government and the U.S. military, and I am thrilled to help lead its continued growth in those sectors," said Aken. "I look forward to joining this tremendously talented team and continuing its important work to keep our nation safe from cyber attackers."
Scott holds a Bachelor of Science degree in Mechanical Engineering from The Ohio State University and is a graduate of GE's Technical Leadership Program. He has had roles on the Advisory Boards for MACH37, Air Patrol, and SafeGov.org.
Axellio is a cyber security company and innovator, increasing network visibility in threat detection and response. Through its high-performance PacketXpress platform for real-time and historical network traffic analysis, Axellio addresses the needs of security and network operations of defense, intelligence, and commercial enterprises. Axellio delivers an analysis-agnostic traffic capture and distribution platform, enhancing common, off-the-shelf hardware with its unique software for high efficiency traffic capture, distribution, and analysis. This allows Axellio's customers to continue using their existing analysis infrastructure while enhancing the performance and analysis capabilities to deliver the most comprehensive and economical network security solution. Learn more about Axellio at www.Axellio.com
Contact:
Neal Stein
Technology PR Solutions
Phone: (321) 473-7407
nealjstein@techprsolutions.com
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SOURCE Axellio | https://www.mysuncoast.com/prnewswire/2022/05/16/axellio-names-scott-aken-chief-executive-officer/ | 2022-05-16T14:15:11Z |
Olesen repeats eagle-birdie finish to win British Masters
SUTTON COLDFIELD, England (AP) — Thorbjorn Olesen finished eagle-birdie for the second straight day to win the British Masters by one shot in a dramatic fashion. The Danish golfer earned his first European tour title in nearly four years and ignited his career after a damaging court case. Olesen shot 1-over 73 to finish a stroke ahead of Sweden’s Sebastian Soderberg at the Belfry. Soderberg ended 9-under 279 overall which had looked enough for the win. | https://localnews8.com/sports/ap-national-sports/2022/05/08/olesen-repeats-eagle-birdie-finish-to-win-british-masters/ | 2022-05-08T22:18:29Z |
Election season is upon us, seemingly minutes after the last one ended. Early voting has begun in my neck of the woods. You can’t miss the landscape-littering signs and TV ads featuring gun-totin’ millionaires wearing plaid shirts because they’re just regular folks like us.
As annoying as the campaign process can be, I do love the debates.
During the debates, the candidates are stripped of their handlers, their consultants, and their scripts. We get to see how quickly they can think on their feet. We learn how they handle face-to-face criticism. More than in any other setting, we get a hint of who they truly are. Do they answer tough questions accurately? Do they have a firm grasp of history? Can they handle a challenge without resorting to petty insults? It’s like test-driving a car. The commercials make it look smooth and sleek. But how does it perform in the rain or on rough terrain? A good debate reveals what’s really under the hood.
I was a child of politics. I got to know all the candidates in my county at my family’s general store, and my dad later became a county commissioner. I attended every political rally, made scrapbooks of the newspaper stories about each campaign, and looked forward to presidential debates even more than the Super Bowl.
Having moderated many debates in my broadcast career, I have dealt with the over-protective handlers. “May we see the questions in advance?” Uh, no. Can my candidate have the first word, and the last word? One, but not both.
The most troubling of all is, “Our candidate is far ahead in our polling. So we have chosen not to participate in any debate because we can see no benefit in doing so.” This happens on the state and national level, and has trickled down to city and county races as well. One might argue this is smart politics. Why take the chance that Mayor Huffandpuff might say something stupid, and blow a big lead? The campaign manager takes the view that his candidate has everything to lose, and nothing to gain. They would rather flood the airwaves with the glossy image they wish to portray, limit the candidate to a few friendly photo ops, and then sit back and the count the votes.
In today’s gerrymandered political landscape, the strategy usually works. Incumbents, or candidates who are tethered to a popular president or governor, refuse to debate or even hold a town meeting once they’re in office.
In my perfect world, all candidates for county leadership, statewide office, or the U.S. House or Senate would be required to participate in at least one debate in both the primary and general elections. Once elected, they would have to hold at least one publicized and “open to everyone” town meeting in the geographical center of their district each year. If not, they forfeit their seat.
In recent years, not all debates have been civil or even useful. The childish, offensive first debate of the 2020 presidential campaign was an embarrassment. Whether you blamed “Bully Trump,” “Sleepy Joe,” or “Cranky Chris Wallace,” it became the low bar we hope to never reach again.
The morning after that disaster, a co-worker in his early 20s asked me if presidential debates had always been like that. “Nope,” I said. “I’ve never seen anything like it. Not that many years ago, one candidate spoke, while the other one listened. Then it was the other person’s turn. Occasionally there would be a clever, memorable response, like Ronald Reagan’s 1984 comeback to Walter Mondale’s concern about his advanced age (73): “I will not make age an issue of this campaign. I am not going to exploit, for political purposes, my opponent’s youth and inexperience.”
In 1992, Admiral James Stockdale’s opening remarks during a vice presidential debate got our attention. He was Ross Perot’s running mate, and he echoed the thoughts of many viewers when he blurted out, “Who am I? And why am I here?”
Perhaps that wasn’t the ideal opening statement, but at least he showed up. In my opinion, any major candidate who is not “here” for the debate will be absent from my ballot as well. | https://www.albanyherald.com/opinion/david-carroll-political-candidates-honesty-is-debatable/article_4f7aca3c-bfea-11ec-afab-1b25d980e01d.html | 2022-04-20T00:15:20Z |
Revenue increases quarter over quarter; Company initiates device maker marketing
SEATTLE, May 12, 2022 /PRNewswire/ -- Bsquare Corporation (NASDAQ: BSQR) today announced financial results for the first quarter of 2022. Total revenue was $9.7 million, an improvement of $0.7 million or 7% compared to the fourth quarter of 2021. Gross profit increased $0.2 million quarter-over-quarter. Loss from operations was $0.9 million, in-line with the fourth quarter operating loss. Cash decreased $0.6 million from December 31, 2021.
"We're pleased with the financial results of the quarter. We saw an improvement in revenue and continued to carefully manage our expenses, and cash," said Ralph C. Derrickson, President and CEO of Bsquare.
Adds Derrickson: "We initiated marketing efforts in the first quarter that seek to position Bsquare as an emerging thought-leader and solutions expert for connected device makers. Our plans assume that these investments will begin to bear fruit in the second half of 2022."
First Quarter 2022 Results Compared to Fourth Quarter 2021
- Revenue for the quarter was $9.7 million, an increase of $0.7 million or 7%. Partner Solutions revenue increased $1.0 million while Edge to Cloud revenue decreased $0.3 million.
- Partner Solutions gross profit increased $0.4 million driven by both the increase in revenue and a large, high-margin sale. Edge to Cloud gross profit decreased, primarily driven by lower revenue, partially offset by a slight improvement in cost of revenue.
- Total operating expenses for the quarter were $2.4 million, an increase of $0.2 million, driven by an increase in marketing expense.
- Loss from operations for the quarter was $0.9 million, in-line with the fourth quarter of 2021. Net loss for the quarter was $0.9 million, or $0.05 per diluted share, compared to a net loss of $0.8 million, or $0.04 per diluted share, in the fourth quarter of 2021.
- Cash, cash equivalents and restricted cash totaled $39.4 million on March 31, 2022, a decrease of $0.6 million compared to December 31, 2021. Cash use was driven by operations.
Details as follows (unaudited, in thousands except percentages and per share amounts):
Notes:
(1) Quarter-over-quarter change and year-over-year change represent percentage point change.
First Quarter 2022 Results Compared to First Quarter 2021
- Partner Solutions revenue increased $0.3 million or 4% for the comparative period.
- Edge to Cloud revenue decreased compared to the first quarter of 2021, driven by continued purchasing delays from one of our large customers.
- Total operating expenses for the quarter were $2.4 million, flat compared to the first quarter of 2021.
- Loss from operations for the quarter was $0.9 million, in-line with the first quarter of 2021. Net loss for the quarter was $0.9 million, or $0.05 per diluted share, compared to a net loss of $0.9 million, or $0.07 per diluted share, in the first quarter of 2021.
Conference Call
Management will host a conference call today, May 12, 2022 at 5 p.m. Eastern Time (2 p.m. Pacific Time). To access the call dial 1-888-256-1007 or 1-856-344-9299 for international callers, and reference "Bsquare Corporation First Quarter 2022 Earnings Conference Call."
A replay will be available for two weeks following the call by dialing 1-844-512-2921, or 1-412-317-6671 for international callers; reference pin number 8747761. A live and replay webcast of the call will be available at www.bsquare.com in the investor relations section.
About Bsquare Corporation
Bsquare helps companies build connected products that participate intelligently in their own security, deployment, operation, and management, allowing our customers to realize the full potential of a connected world. We have extensive experience designing with Windows, Linux, Android, and other embedded operating systems and now operate IoT networks ranging in size from 50,000 to more than 1 million devices for our customers. Our technology is powering devices that help people be productive, enhance quality of life, and preserve the resources of our planet. Bsquare serves a global customer base from offices in Seattle, WA, and the United Kingdom. For more information, visit www.bsquare.com.
Cautionary Note Regarding Forward-Looking Statements
This release contains "forward-looking statements" within the meaning of the safe-harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "expect," "continue," "believe," "plan," "strategy," "future," "may," "should," "will," and similar references to future periods. Examples of forward-looking statements include, among others, express or implied statements we make regarding the stability of our business, expected improvements to our IoT and software offerings, expected operating results in future periods, such as anticipated revenue, gross margins, profitability, cash and investments, and regarding strategies for customer retention, growth, new product and service developments, and market position. Forward-looking statements are neither historical facts nor assurances about future performance. Instead, they are based on current beliefs, expectations and assumptions about the future of our business and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements.
Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others: our ability to execute our development initiatives and sales and marketing strategies; the extent to which we are successful in gaining new long-term customers and retaining existing ones; whether we are able to maintain our favorable relationship with Microsoft as a systems integrator and distributor; our success in leveraging strategic partnering initiatives with companies such as Microsoft, AWS and Intel; the ongoing impact of COVID-19 on our business and on our customers and vendors; and such other risk factors as discussed in our most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Any forward-looking statement made by us in this release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by law, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Bsquare and Investor Contact:
Christopher Wheaton
Bsquare Corporation, Chief Financial and Operating Officer
+1 425.519.5900
investorrelations@bsquare.com
Bsquare and the Bsquare Logo are trademarks of Bsquare Corporation in the U.S. and other countries. Other names and brands herein may be trademarks of others.
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SOURCE Bsquare | https://www.mysuncoast.com/prnewswire/2022/05/12/bsquare-announces-first-quarter-2022-financial-results/ | 2022-05-12T22:39:18Z |
IRVINE, Calif., July 19, 2022 /PRNewswire/ -- Animal Dermatology Group (ADG), announced its expansion into the Florida market with the opening of Animal Dermatology Clinic – Bradenton. Dr. Brian Scott has joined the company to lead ADG's veterinary dermatology specialty care at the new facility.
Dr. Scott is a graduate of the Tuskegee University College of Veterinary Medicine and undertook his dermatology residency with the American College of Veterinary Dermatology (ACVD) at McKeever Dermatology Clinic in Eden Prairie, Minnesota, achieving Diplomate status with the ACVD in 2011. As a board certified veterinary dermatologist, Dr. Scott has practiced in Texas and most recently Florida, while also lecturing extensively throughout the US and internationally. Prior to pursuing his true passion as a specialist in veterinary dermatology, Dr. Scott practiced veterinary medicine for 20 years at his highly successful AAHA-accredited companion animal clinic in Central Florida.
"I'm excited to join my many friends and colleagues at ADG," said Dr. Scott, "It's an opportunity to work in a dynamic, collaborative environment practicing innovative veterinary dermatology alongside leaders in the field."
Animal Dermatology Clinic – Bradenton, a state-of-the art facility featuring the latest diagnostics and therapies for the management of chronic and acute skin and ear conditions pets, is ADG's first veterinary dermatology specialty practice in Florida. This follows recent ADG expansion into New York, New Jersey, North Carolina, South Carolina and Texas. ADG intends to continue their robust growth efforts as part of our ongoing mission to help make unsurpassed veterinary dermatology care available to pet owners throughout the country.
"We are proud to add Dr. Scott's expertise and leadership to our team," added Steve Mrha, CEO of ADG. "With our new medical facility in Bradenton, we look forward to partnering with referring veterinarians throughout the area to provide cutting edge testing and treatment techniques in veterinary dermatology that will enhance the quality of life for our patients and clients on the Gulf Coast of Florida."
Animal Dermatology Group ("ADG") is the largest veterinary dermatology business in the U.S., providing the highest quality care to pets with acute and chronic skin conditions. ADG has over 50 veterinarians supporting more than 40 primary and satellite locations where its specialists are actively involved in providing clinical care, research and academic training. For more information, please visit www.animaldermatology.com.
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SOURCE Animal Dermatology Clinic Management Group, Inc. | https://www.kxii.com/prnewswire/2022/07/19/animal-dermatology-group-expands-into-florida-with-opening-animal-dermatology-clinic-bradenton/ | 2022-07-19T16:41:14Z |
The getaway vehicle used by a man wanted for murder in Alabama and the jail official suspected of helping him escape after a “jailhouse romance” was found in an impound lot in Tennessee, where it sat for nearly a week before authorities realized they had it, officials said Friday.
Sheriff Rick Singleton of Lauderdale County, Alabama, told a news conference the Ford Edge with distinctive burnt orange paint was found on a roadside and towed the same day that Casey White, charged with murder, and former assistant corrections director Vicky White disappeared. The vehicle was found in a rural area off Interstate 65 about 100 miles (about 160 kilometers) from the jail in Florence, Alabama.
Authorities in Williamson County, Tennessee, realized they had the vehicle Thursday night, which was hours after U.S. Attorney General Merrick Garland said the two, who aren’t related, are “regarded as extremely dangerous,” and the U.S. Marshals Service has taken over leading the search.
Officials have said they hoped Casey White’s size — 6-foot-9 and 340 pounds — would help lead to his capture since it’s hard for him to be inconspicuous. He also has identifiable white supremacist tattoos. He and Vicky White appeared to have had a “jailhouse romance” before his escape, Singleton said.
“They found the car before we even knew they were gone,” said Singleton. Some of Vicky White’s belongings were found in the vehicle, which someone had attempted to spray paint, he said.
The tow truck driver who hauled the vehicle to a lot likely saw news coverage about the escape and notified police in Tennessee, Singleton said.
“There’s no fault or blame on anyone,” he said.
The Williamson County Sheriff’s Office said the vehicle had been found in Bethesda and there was no indication the two remained in the area.
A nationwide manhunt has been ongoing since the pair disappeared April 29. Casey White was awaiting trial in a capital murder case and Vicky White was assistant director of corrections for Lauderdale County. She appears to have helped him plan and execute the escape, Singleton said.
Authorities are now trying to determine whether any vehicles had been reported missing in the area where the car was found, he said.
“We’re sort of back to square one with a vehicle description,” said Singleton, adding at one point: “We’re behind where we’d like to be.”
The two likely had mechanical problems with the car and left it where it was found in a remote area, said Singleton. The sheriff said he was worried for the safety of his former employee because Casey White is “volatile” and could turn on her at any time.
No weapons were found in the car, indicating that the two are still armed, said Singleton. “My gut is telling me they are obviously on the run,” he said.
On the day the pair disappeared, Vicky White, 56, told her coworkers that the 38-year-old inmate needed to go to the courthouse for a mental health evaluation. She was escorting the inmate alone — a violation of the sheriff’s office policy. When she did not answer her phone or return in the afternoon, authorities realized the pair had gone missing. Authorities eventually learned that the evaluation was never scheduled and was just a charade to allow Vicky White to sneak Casey White out of the jail without suspicion.
The two left in a patrol car, which was found abandoned nearby in a parking lot where investigators believe Vicky White had parked a getaway car.
In the past week, authorities have learned that Vicky White purchased an array of weapons, including an AR-15 rifle in January and a shotgun two weeks before the escape. They also believe she has a 9 mm handgun with her and have received reports she may also have a .45 caliber handgun, a federal marshal said.
Federal investigators believe they had been planning the escape for at least several months. The Marshals Service and the sheriff’s office have interviewed a slew of associates, family members and others who knew both Casey White and Vicky White and have received numerous tips in the investigation. But despite their best efforts, investigators have not come up with any solid leads to locate them.
The Marshals Service is offering up to a $10,000 reward for information leading to Casey White’s capture and a $5,000 reward for information leading to Vicky White. Alabama Gov. Kay Ivey added a reward of $5,000 each for the two.
“Both Casey White and Vicky White pose a major threat to the public, and they must be apprehended,” she said in a statement.
Casey White was being held at the jail on capital murder charges in the 2015 death of Connie Ridgeway. He confessed to the slaying in 2020 while in state prison for other crimes. He’s been linked to home invasions, car jackings and was also involved in a police chase, Keely said.
___ | https://cw33.com/news/u-s-news/ap-u-s-headlines/sheriff-car-linked-to-alabama-escapee-jail-worker-found/ | 2022-05-07T13:24:54Z |
Fire Captain Tony Imbrenda's testimony was part of a federal civil lawsuit brought by Bryant's widow, Vanessa Bryant, that alleges LA County invaded her privacy and failed to fully contain the spread of the photos, inflicting emotional distress. Christopher Chester, whose wife and daughter also died in the crash, is a co-plaintiff. Both he and Bryant allege they live in fear of the photos re-surfacing online.
Imbrenda served as a public information officer the day of the crash. In February 2020, while at the Radio and Television News Association of Southern California's Golden Mike awards, a discussion began among several fire department public information officers about the response that day and Imbrenda's role in it, the captain testified.
During the conversation, Imbrenda said he pulled out his phone and showed some photos from the crash -- mostly of the debris field, he told the court, but some of the images did have human remains.
"I did not believe I was violating any policy. ... In retrospect, I feel that that wasn't a good decision, it wasn't my best judgment," Imbrenda said.
But Imbrenda maintained he was sharing what he considered to be educational details with other public information officers. "I felt the discussion was appropriate, the setting was not," he said.
In addition to photos taken by Imbrenda the day after the crash, he testified that he received dozens of photos of the site from several people -- including from phone numbers he didn't recognize -- since he asks personnel to send him incident photos as a part of his job.
Fire captain denies showing images of Bryant
The awards show incident came to light after the wife of an LA firefighter, Luella Weireter, who was with the group during cocktail hour, filed an official complaint with a battalion chief at a county fire station in Malibu.
Weireter is the cousin of Keri Altobelli, who, along with her husband John and daughter Alyssa, died in the same helicopter crash.
Last week, Weireter testified in court that she saw Imbrenda share the photos of the crash site and Bryant's remains at the event. Weireter characterized it as being like a party trick, testifying she saw one firefighter break away from the group, saying, "I can't believe I just looked at Kobe's burnt up body, and now I'm about to eat."
During his testimony Wednesday, Imbrenda repeatedly stressed that human remains weren't the subjects of the photos he had, and they instead were "debris field photographs that contain human remains in them" and "overall photographs of the incident."
Imbrenda denied showing photos of Kobe Bryant's remains or even having photos of his body. He said he visited the site a day after the crash, by which time any identifiable body parts were either covered or removed from the scene.
He also said he didn't know a victim's family member was present at the event.
When asked by Jerome Jackson, an attorney representing Chester, whether he used the photos "like a party trick," Imbrenda said, "Absolutely not."
"You think she made it up?" Jackson asked.
"I believe she is mistaken," Imbrenda replied.
Imbrenda also denied a claim by Weireter that his girlfriend excitedly called her over to look at the photos. "Maybe (Weireter) was mistaken as to who she was talking to, but she wasn't talking to my girlfriend," Imbrenda said.
The captain said that at the time he was showing the photos, the firefighters' girlfriends and wives were standing separate from the four personnel discussing the crash. "I would not engage in that conversation with civilian wives and girlfriends," he said.
While questioning Imbrenda, lawyers for the plaintiffs also showed the court a clip from an interview with Captain Erik Scott of the LA City Fire Department, another information officer who attended the gala. In the clip, Scott told county investigators "there might have been a torso or somebody bent in half" in the photos he saw.
Scott took the witness stand after Imbrenda on Wednesday. He testified that the focus of the conversation at the gala was to learn from Imbrenda, but agreed human remains could be seen in some of the photos they scrolled through. He said their brief look at the photos did not center on the human remains.
"It was centered on the high impact crash," Scott said, adding that they discussed the fog that day, the speed of the helicopter and Imbrenda's response to the media and the news conferences.
Jackson asked Scott: "Did seeing a torso enhance your ability to be a PIO?"
The University of Georgia’s class of 2026 is its biggest yet. On August 16, the day before classes began, freshmen attended Freshman Welcome. Click for more.
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accounts, the history behind an article. | https://www.albanyherald.com/news/fire-captain-denies-using-kobe-bryant-crash-photos-as-party-trick-at-cocktail-hour/article_a26ad9b1-b5e9-5f74-a0f2-9f720e7f5957.html | 2022-08-18T04:16:19Z |
Shooter kills 2, wounds several in crowded central Tel Aviv
TEL AVIV, Israel (AP) — An attacker opened fire into a crowded bar in central Tel Aviv on Thursday, killing at least two people and wounding several others before fleeing into a dense residential area, Israeli officials said.
Police said there were “indications” it was a politically motivated attack — the fourth deadly assault in Israel in less than three weeks at a time of heightened Israeli-Palestinian tensions. The militant Hamas group that rules the Gaza Strip praised the attack but did not claim responsibility.
Hours after the shooting, the suspected gunman remained at large. Hundreds of Israeli police officers, canine units, and army special forces were conducting a massive manhunt in central Tel Aviv, searching building by building through densely populated residential neighborhoods.
Prime Minister Naftali Bennett met with top security officials and ordered reinforcements into the city. “Wherever the terrorist is — we’ll get to him. And everyone who helped him indirectly or directly — will pay a price,” he said in a statement.
Amichai Eshed, the Tel Aviv police commander, said the shooter opened fire at a packed bar at around 9 p.m. and then fled the scene.
“Our working assumption is that he is still in the vicinity,” he told reporters. “As of right now, there are indications pointing to this being a terrorist attack, but I have to be very delicate about this, and say that we are also checking other leads.”
Israel’s Magen David Adom emergency service said two men around 30 years old were killed. Another seven people were wounded, three of them seriously, it said.
The shooting took place on Dizengoff Street, a central thoroughfare that has seen other attacks over the years. In the most recent, an Arab citizen of Israel shot and killed two Israelis and wounded several others on the street in January 2016.
Thursday’s attack took place at the start of the Israeli weekend in the popular nightlife area. Medics described scenes of panic, with dozens of people fleeing after the shots rang out.
Tensions have been high after a series of attacks by Palestinian assailants killed 11 people just ahead of the holy Islamic month of Ramadan, which began nearly a week ago. Last year, protests and clashes in Jerusalem during Ramadan ignited an 11-day Gaza war.
Israeli, Jordanian and Palestinian leaders have held a flurry of meetings in recent weeks, and Israel has taken a number of steps aimed at calming tensions, including issuing thousands of additional work permits for Palestinians from the Hamas-ruled Gaza Strip.
Prior to the attack, Israel had said it would allow women, children and men over 40 from the occupied West Bank to pray at the Al-Aqsa Mosque in east Jerusalem on Friday, the first weekly prayers of Ramadan. Tens of thousands were expected to attend.
The mosque is the third holiest site in Islam and sits on a hilltop that is the most sacred site for Jews, who refer to it as the Temple Mount. The holy site has long been a flashpoint for Israeli-Palestinian violence.
Israel has worked to sideline the Palestinian issue in recent years, instead focusing on forging alliances with Arab states against Iran. But the century-old conflict remains as intractable as ever.
Israel captured east Jerusalem, the West Bank and the Gaza Strip in the 1967 Mideast war. The Palestinians want all three territories to form their future state. The last substantive peace talks broke down more than a decade ago, and Bennett is opposed to Palestinian statehood.
Israel annexed east Jerusalem in a move not recognized internationally and considers the entire city to be its capital. It is building and expanding Jewish settlements in the occupied West Bank, which most of the international community considers illegal.
It withdrew soldiers and settlers from Gaza in 2005. But along with neighboring Egypt, it imposed a crippling blockade on the territory after the militant Hamas group seized power from rival Palestinian forces two years later. Israel and Hamas have fought four wars since then.
Hamas spokesman Abdelatif Al-Qanou said late Thursday that the “the heroic attack in the heart of the (Israeli) entity has struck the Zionist security system and proved our people’s ability to hurt the occupation.”
On March 29, a 27-year-old Palestinian from the West Bank shot and killed five people in the central town of Bnei Brak. Two days earlier, a shooting attack by two Islamic State group sympathizers in the central city of Hadera killed two police officers. The week before, an IS supporter killed four people in a car-ramming and stabbing attack in the southern city of Beersheba. The Hadera and Beersheba attacks were carried out by Palestinian citizens of Israel.
The recent attacks appear to have been carried out by lone assailants, perhaps with the help of accomplices. No Palestinian militant group has claimed them, though Hamas has welcomed the attacks.
Israel says the conflict stems from the Palestinians’ refusal to accept its existence as a Jewish state and blames attacks in part on incitement on social media. Palestinians say such attacks are the inevitable result of a nearly 55-year military occupation that shows no sign of ending.
___
Krauss reported from Jerusalem. Associated Press writer Ilan Ben Zion in Jerusalem contributed to this report.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/04/07/shooter-kills-2-wounds-several-central-tel-aviv/ | 2022-04-08T01:27:08Z |
NEW YORK, June 17, 2022 /PRNewswire/ -- Recession. Cyberattacks. Inflation. Since Russia's invasion of Ukraine, global CEOs have confronted a new world of extraordinary volatility and uncertainty, forcing many to reassess their growth assumptions and put strategic plans on hold. In fact, nearly 8 in 10 now expect a recession in their primary region of operation within the next 12 to 18 months—or believe one is already underway.
At the same time, the war is acting as a change accelerator, speeding new thinking in areas with long-term ramifications—including cyber risk, supply chains, renewable energy, and crisis and contingency planning. An astounding 9 in 10 CEOs are now concerned about Russian retaliation through cyberattacks—an area in which many firms recognized their lack of preparedness before the war.
According to the C-Suite Outlook Mid-Year—a special wartime update of an annual survey conducted by The Conference Board—Ukraine fallout is nearly universal across the world's C-suites. Just 9 percent of surveyed leaders say the war will have "no material impact" on their business operations in the coming year—but even they are unlikely to escape the effect of surging energy and food prices. Indeed, respondents named its contributions to inflation among the war's most damaging economic consequence.
Moreover, the mid-year survey reveals how the war has scrambled the landscape of priorities facing CEOs. In addition to cybersecurity soaring in salience, the unprecedented Western sanctions on Russia have elevated the importance of regulators and boards as key stakeholders, as well as raised the urgency of preparing for future economic conflict—especially with China.
Between May 10 and 24, The Conference Board surveyed 750 CEOs and other C-suite executives, primarily based in North America, Latin America, Asia, and Europe. The results paint the fullest picture yet of the depth and breadth of the war's impact on the perspectives, priorities, anxieties, and future plans of business leaders around the world.
Insights from C-Suite Outlook Mid-Year include:
Cybersecurity concerns skyrocket
- Widespread anxiety: 90 percent of CEOs are now concerned to some degree about Russian retaliation through cyberattacks. 44 percent are highly concerned.
- A big shift in sentiment: This marks a major change from our January 2022 CEO survey: at that point, just 16 percent of CEOs identified cybersecurity as a high-impact threat.
Inflation: CEOs say it's the war's most damaging economic consequence
- Energy price volatility & higher input costs are the war's top economic impacts: CEOs cite inflation issues—volatility in energy prices and higher input costs—as the top two issues that will affect their business in the next 12 months.
- The war has worsened preexisting inflation fears: In our January 2022 survey, conducted before the war, CEOs already ranked inflation as a top threat impacting their companies.
- How CEOs are mitigating inflation's impact—passing on costs tops the list: 51 percent cite passing higher input costs onto consumers or end-users—the most-cited tactic; cutting costs is a close runner-up at 47 percent.
Recession fears: most CEOs expect a recession
- 76 percent expect a recession or believe it's already here: Among CEOs globally, 15 percent believe a recession is already underway. Another 61 percent expect a recession is forthcoming in their primary region of operation before the end of 2023—if not earlier.
Strengthening supply chains: the number-one action CEOs are taking due to this war
- Fixing stressed supply chains: The top action companies are taking in response to the war is fixing stressed supply chains.
- CEOs who are focused on making supply chains more resilient:
CEOs favor secondary sanctions, but many worry about the blowback
- Most CEOs want secondary sanctions: 62 percent favor secondary sanctions that would be imposed on countries that continue doing business in Russia.
- But the blowback concerns them: More than a third—35 percent—of CEOs globally say they are highly concerned about the economic consequences outweighing the benefits:
Renewable energy: the war is motivating CEOs to accelerate renewable energy investments
- Faster progress: Among CEOs globally, 28 percent say they're accelerating progress towards the use of renewable energy.
CEOs reshuffle which stakeholders to prioritize: the board and regulators increase in importance
- Customers, regulators, and the board top the list: When asked which stakeholders' views are most important as they decide their response to the war in Ukraine, CEOs globally ranked customers first, regulators second, and boards third.
- Employees ranked lower: Employees have played a less important role in shaping the corporate response to Ukraine than in dealing with non-war related domestic social and political issues.
US-China tensions: CEOs say it will likely have a big impact on their business
- Many CEOs are concerned: Among CEOs globally, 38 percent say rising US-China tensions resulting from the war in Ukraine will likely have a major impact on business operations in the next 12 months.
- Serious concerns about competing economic blocs: Meanwhile, 83 percent fear the re-emergence of competing economic blocs, with 43 percent saying they are highly concerned.
CEOs see people and technology as key to long-term growth
- Digital transformation is critical: Among CEOs globally, 58 percent cite digital transformation as part of their investment plans—the top response.
- Labor shortages present a challenge: 57 percent are promoting hybrid work models to attract workers, while 43 percent are increasing automation.
Commentary on the survey results
Dana Peterson, Chief Economist, The Conference Board
"Historically high energy prices, renewed supply chain disruptions, heightened geopolitics risks, and eroding consumer confidence are all putting downward pressure on global growth. That's on top of lockdowns in China and the cascading ripple effects of the war in Ukraine. These disruptions, along with restrictive monetary and fiscal policy decisions, are fueling recession expectations—with nearly 8 in 10 CEOs expecting their primary region of operations to be in recession within 12 to 18 months, if not already underway."
Lori Esposito Murray, President, Committee for Economic Development of The Conference Board
"CEOs say rising US-China tensions are likely to have a major impact on business operations in the coming 12 months, ranking it among the top five impacts. This challenge is contributing to intense fears of a fundamental re-alignment of the global geopolitical landscape—the potential division of the world into competing Cold War–style economic blocs, pitting the US and its allies against China and its allies (including Russia). Such a division is likely to have significant negative impact on global trade and economic growth, and business leaders are awakening to the need to prepare: Already, 60 percent of US CEOs expect an economic decoupling over the next 5-10 years."
Paul Washington, Executive Director, ESG Center, The Conference Board
"While an escalation of the war in Ukraine is certainly a concern for CEOs and other C-suite executives, their greatest worry is the threat of Russian retaliation through cyberattacks. Before the war, few saw cybersecurity as a major issue facing their companies. Companies need to make cybersecurity a sustained, and not just episodic, priority. Cyberattacks not only imperil a company's data, operations, and reputation, but can have far-reaching societal and environmental impacts."
Sara Murray, Managing Director, International, The Conference Board
"Reducing the use of the US dollar has been an objective of both Russia and China for over a decade, to help shield their currencies from US sanctions and assert global economic leadership. But now, as Russia pursues an aggressive policy to circumvent mounting economic sanctions, they are actively working toward an alternative world order not dependent on the primacy of the US and the dollar. Despite this, CEOs show very little concern about a lessening importance of the US dollar—just 16 percent are highly concerned."
Rebecca Ray, Executive Vice President, Human Capital, The Conference Board
"As CEOs and other C-suite executives focus on ensuring the long-term growth of their business amid this volatile global environment, addressing labor force challenges will be essential. To do this, firms are doubling down on the hybrid work model, automation, and improving their recruiting processes and communication around business strategy."
Ivan Pollard, Executive Director, Marketing & Communications Center, The Conference Board
"As the war compounds already serious inflationary pressures, the biggest communications challenge brands now face is addressing rising prices in a forthright and persuasive manner. Trust in corporations has been built up through the long months of COVID-19, but that trust can be eroded if there is any sense of profiteering. Communicating the story to your customers is one to be handled carefully with honesty and transparency."
Media can contact The Conference Board for interviews.
About The Conference Board
The Conference Board is the member-driven think tank that delivers trusted insights for what's ahead. Founded in 1916, we are a non-partisan, not-for-profit entity holding 501 (c) (3) tax-exempt status in the United States. www.conference-board.org
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SOURCE The Conference Board | https://www.kxii.com/prnewswire/2022/06/17/survey-global-c-suites-feel-strain-war-ukraine-with-most-ceos-now-predicting-recession-fears-over-cyber-attacks-escalating/ | 2022-06-17T13:59:16Z |
SAN FRANCISCO, Aug. 3, 2022 /PRNewswire/ -- Hagens Berman urges MINISO Group Holdings Limited (NYSE: MNSO) investors who suffered significant losses to submit your losses now.
Visit: www.hbsslaw.com/investor-fraud/MNSO
Contact An Attorney Now: MNSO@hbsslaw.com
844-916-0895
MINISO attributes its fast growth to its MINISO Retail Partner model, claiming it's an asset-light, high-margin network of thousands of independent franchise stores who shoulder capital and operating expenses while selling company-branded products.
These claims came into question on July 26, 2022, when Blue Orca published a scathing report about MINISO. Blue Orca determined that the company itself owns and operates about 40% of MINISO stores and, in addition, hundreds of stores are registered to company executives or persons connected to its Chairman. Blue Orca attributed MINISO's secret ownership and operation to years of declining store revenues and profits.
Blue Orca also concluded that, shortly after MINISO completed its $600 million IPO in October 2020 "that MINISO's chairman, Ye Guofu, bilked hundreds of millions of freshly raised capital from public investors through a series of crooked transactions revolving around the purchase and construction of a massive headquarters in China."
This news sent the price of MINISO American Depositary Shares sharply lower on July 26, 2022.
More recently, on July 29, 2022, Blue Orca responded to MINISO's July 28 "rebuttal," stating MINISO (1) simply ignored Blue Orca's finding that the company owns and operates about 40% of MINISO stores, and (2) admitted its chairman did not contribute funds to purchase MINISO's headquarters.
"We're focused on investors' losses and whether MINISO lied about its Retail Partner model," said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in MINISO and have significant losses, or have knowledge that may assist the firm's investigation, click here to discuss your legal rights with Hagens Berman.
Whistleblowers: Persons with non-public information regarding MINISO should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email MNSO@hbsslaw.com.
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation law firm focusing on corporate accountability through class-action law. The firm is home to a robust securities litigation practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and fraud. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Contact:
Reed Kathrein, 844-916-0895
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SOURCE Hagens Berman Sobol Shapiro LLP | https://www.kxii.com/prnewswire/2022/08/03/mnso-investor-alert-hagens-berman-national-trial-attorneys-encourages-miniso-group-holdings-mnso-investors-with-losses-contact-firms-attorneys-firm-investigating-possible-securities-law-violations/ | 2022-08-03T18:21:11Z |
WASHINGTON (AP) — As Uber aggressively pushed into markets around the world, the ride-sharing service lobbied political leaders to relax labor and taxi laws, used a “kill switch” to thwart regulators and law enforcement, channeled money through Bermuda and other tax havens and considered portraying violence against its drivers as a way to gain public sympathy, according to a report released Sunday.
The International Consortium of Investigative Journalists, a nonprofit network of investigative reporters, scoured internal Uber texts, emails, invoices and other documents to deliver what it called “an unprecedented look into the ways Uber defied taxi laws and upended workers’ rights.”
The documents were first leaked to the Brtiish newspaper The Guardian, which shared them with the consortium.
In a written statement. Uber spokesperson Jill Hazelbaker acknowledged “mistakes” in the past and said CEO Dara Khosrowshahi, hired in 2017, had been “tasked with transforming every aspect of how Uber operates … When we say Uber is a different company today, we mean it literally: 90% of current Uber employees joined after Dara became CEO.”
Founded in 2009, Uber sought to skirt taxi regulations and offer inexpensive transportation via a ride-sharing app. The consortium’s Uber Files revealed the extraordinary lengths that the company undertook to establish itself in nearly 30 countries.
The company’s lobbyists — including former aides to President Barack Obama — pressed government officials to drop their investigations, rewrite labor and taxi laws and relax background checks on drivers, the papers show.
The investigation found that Uber used “stealth technology” to fend off government investigations. The company, for example, used a “kill switch” that cut access to Uber servers and blocked authorities from grabbing evidence during raids in at least six countries. During a police raid in Amsterdam, the Uber Files reported, former Uber CEO Travis Kalanick personally issued an order: “Please hit the kill switch ASAP … Access must be shut down in AMS (Amsterdam).”
The consortium also reported that Kalanick saw the threat of violence against Uber drivers in France by aggrieved taxi drivers as a way to gain public support. “Violence guarantee(s) success,” Kalanick texted colleagues.
In a response to the consortium, Kalanick spokesman Devon Spurgeon said the former CEO “never suggested that Uber should take advantage of violence at the expense of driver safety.”
The Uber Files say the company cut its tax bill by millions of dollars by sending profits through Bermuda and other tax havens, then “sought to deflect attention from its tax liabilities by helping authorities collect taxes from its drivers.” | https://cw33.com/business/ap-business/report-uber-lobbied-used-stealth-tech-to-block-scrutiny/ | 2022-07-10T23:15:25Z |
OKLAHOMA CITY, Aug. 23, 2022 /PRNewswire/ -- MidCentral Energy Partners, LLC, an asset performance management company serving the energy sector, is expanding their footprint with a 50,000 square foot lease in Fort Worth. The expansion will bring MidCentral's operating infrastructure to over 140,000 square feet and will support the company's manufacturing/remanufacturing and site services product lines
Oklahoma City-based MidCentral, has been expanding its client base and operational presence. MidCentral now services oil and gas producers and service companies nationwide through its locations in Midland, Texas (Permian Basin), San Antonio, Texas (Eagle Ford & Haynesville Shale), Oklahoma City, Oklahoma (Midcontinent Region), Pennsylvania (Marcellus & Utica Shales) and Denver, Colorado (Bakken and Niobrara Shales).
"Our client base and overall business continues to grow rapidly around the US.This new location allows us to increase the scope of how we serve the industry, as we continue to expand our position," said Kristian Kos, CEO. "We are modernizing the industry through our asset performance management and that is helping us attract additional clients who understand the value we can provide through supporting their operations."
The new facility is located at 3201 N. Sylvania Avenue, south of the intersection of interstates 35 and 820. In addition to the 50,000 square foot building, the facility bolsters an additional 40,000 square feet of storage space for inventory management. Multiple high-capacity cranes allow for the quick repair and service of equipment that oil and gas producers and service companies rely on to operate efficiently.
"We are making a long-term commitment to the growth and sustainability of our business," said Justin Loven, SVP, Operations. "This new facility will further enhance our asset performance management business model", added Mr Loven.
The operations of this additional facility will be led by MidCentral's Jon Teffeteller. Mr. Teffeteller says the company is hiring 30 additional people to support the expansion. "MidCentral is an innovative company, and we need forward-thinking people to work with us. It's a great culture and a place where hard-working people are rewarded." The move into the new building is underway and will be fully operational by October 1, 2022.
MidCentral is an added-value services company committed to driving efficiency in the energy industry. Through asset performance management, supported by on-the-spot customer service, MidCentral optimizes asset uptime to drive its customers return on investment. For over a decade, MidCentral's emphasis on technology and innovation has allowed their customers to safely optimize resources. MidCentral's scalable asset performance management solutions reduce costs and shorten production timelines. MidCentral has been headquartered in Oklahoma since 2010 and has field offices in Colorado, Oklahoma, Pennsylvania, and Texas. Learn more about how MidCentral is revolutionizing the energy industry at MidCentralEnergy.com.
MEDIA CONTACT:
Justin Loven SVP, Operations
405.618.1183
jloven@midcentralenergy.com
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SOURCE MidCentral | https://www.wibw.com/prnewswire/2022/08/23/midcentral-energy-adds-north-texas-manufacturing-facility/ | 2022-08-23T15:12:18Z |
TAIPEI, July 22, 2022 /PRNewswire/ -- ProLogium Technology, a global leader in innovative solid-state battery technology, confirmed today that the company is in the process of selecting the location of its first-ever overseas solid-state gigafactory in light of the surging global demand for electric vehicles over the next decade. ProLogium plans to establish its overseas gigafactory with an estimated total investment of over USD 8 billion and reveals that a feasibility study for potential sites has been initiated. Shortlisted locations include those in the United States, France, Germany, the Netherlands, Poland and the United Kingdom.
ProLogium has a three-phase construction plan for its first-ever overseas gigafactory. The total capacity is expected to reach 120GWh when the plant is complete. The firm is currently assessing potential plant locations, and a final decision is set to be made by the first quarter of 2023. A due diligence process will be performed before the construction project kicks off. ProLogium also estimates that by 2031, the project will create over 6,500 jobs, and the company is poised to begin its global talent recruitment efforts in the areas of engineering, product research and development, business management, and more.
ProLogium's manufacturing competence has been well established in the past nine years. Its first production line for consumer applications began operating back in 2013, and its roll-to-roll EV battery pilot line began production in October 2017. The battery maker owns proprietary technologies covering over 500 (applied or awarded) patents worldwide and has established more than 4,000 quality control items in its production processes, achieving 99.9% yield for its single-layer cell manufacturing and 94% yield for multi-layer cells. The company has already shipped more than one million cells for consumer electronic applications (from 15mAh to 1Ah) with a very high level of customer satisfaction. It has already begun the long testing and certification process with key global car OEMs by delivering nearly 8,000 EV battery cells (50~60Ah). These results laid a solid foundation for its first 3 GWh mass production plant due to start operating early 2023.
"Our first-ever overseas gigafactory serves a key strategic purpose – being close to our customers to deliver products and services in a timely manner," said Vincent Yang, CEO and Founder of ProLogium Technology. "The United States and Europe play a crucial role in the global automotive industry value chain. Automakers are accelerating their plans to extend their EV product range. With manufacturing bases in these regions, we will be able to better meet the market's needs and benefit from local policy support. The proximity allows for local production and local supplies, planting closer to customers to reduce carbon footprint – a win-win solution for the benefit of both our customers and ProLogium."
"In early July, with the recommendation and assistance from the US Department of Commerce and Business France (Taiwan/France), we were invited to the SelectUSA Investment Summit and Choose France Summit. We met with US officials and governors during the SelectUSA Summit. In Paris, we discussed next-generation battery technology breakthroughs with French President Emmanuel Macron at a face-to-face meeting during the Choose France Summit and presented our overseas expansion plans and leading advantages in technology and mass production. Both the US and French governments expressed their full support for ProLogium to set up plants locally, an indication of the increasing strategic importance of the next-generation battery," Vincent Yang commented.
Earlier this year, leading international luxury car manufacturer Mercedes-Benz concluded a technology cooperation agreement with ProLogium to develop next-generation EV battery cells. Earlier in July, Vietnamese EV maker VinFast also signed a Memorandum of Understanding and entered into strategic cooperation arrangements with ProLogium to secure next-generation solid-state battery supplies with the aim of expanding its smart mobility solutions globally.
ABOUT PROLOGIUM
Founded in 2006, ProLogium is a global leader in innovative next-generation battery technologies for vehicle, consumer, and industrial applications. ProLogium is the first battery company in the world to mass-produce solid-state lithium ceramic batteries. Its proprietary technologies cover over 500 (applied or awarded) patents worldwide. ProLogium's automated pilot production line has provided nearly 8,000 solid-state battery sample cells to global car manufacturers for testing and module development. ProLogium Technology's GWh level solid-state lithium ceramic battery plant will be the first in the world to go online in early 2023, and it aims to begin scaling up by the second half of the year, followed by capacity expansion plans in major markets worldwide. Further information can be found at www.prologium.com
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SOURCE ProLogium Technology | https://www.wibw.com/prnewswire/2022/07/22/solid-state-battery-maker-prologium-discusses-overseas-expansion-plans-meetings-with-french-president-macron-us-officials/ | 2022-07-22T13:19:59Z |
IPX7 Water-resistant and Sweat-proof Earbuds Deliver Comfortable Fit, Rugged Durability and Thumping Bass for Inspired Workouts
BELLEVUE, Wash. , June 21, 2022 /PRNewswire/ -- Soundcore, Anker Innovations' premium audio brand, today announced the Sport X10, the newest in its lineup of fitness-focused earbuds. The Sport X10 features powerful audio capabilities, ergonomic design and water-resistant, sweat-proof durability paired with Soundcore's proprietary SweatGuard™ technology. The Sport X10 earbuds are designed with an innovative, rotating earhook to ensure a secure and comfortable fit during the most vigorous athletic activities including running, weight training, hiking, biking or a high energy workout at the gym.
"We've found that sports enthusiasts typically have three main complaints about sports earbuds," said Rock Gao, General Manager, Headphones for Soundcore. "Users complain about their bulky design, how easily earbuds fall out during workouts and how a few sweaty workouts cause them to fail, making them a hindrance to a workout routine. However, with our secure rotatable earhook design and SweatGuard technology, our Sport X10s were designed to alleviate all of these complaints and be the perfect exercise companion."
The ergonomic rotating earhook design and soft silicone material guarantees an exceptionally secure and comfortable fit. Fitness enthusiasts can adjust the wearing angle to ensure the earbuds nest comfortably in place to prevent them from falling out during vigorous workouts while also not weighing users down due to their weight (4.4g/earbud). Additionally, the adjustable earhook design means the Sport X10 fits snugly in the slim profile charging case for easy portability in the user's pocket or bag.
The Sport X10 leverages 10mm dynamic drivers with BassUp™ technology to provide a highly accurate, bass-forward sound profile. Integrating the AAC/SBC HD audio codec with high-sensitivity drivers, the Sport X10 produces an immersive sound stage while achieving a balanced mix of deep bass and crisp highs. To amplify (or lessen) the sound profile, users can access the BassUp EQ setting in the Soundcore app as well as 22 EQ presets and a 9-band custom EQ for the ultimate in customization.
The Sport X10 has IPX7 sweat and water-resistance with SweatGuard, keeping the earbuds fully operational during a sweaty workout or during a rainstorm. The Sport X10 can also be rinsed off under a faucet or water fountain after a workout, making them perfect for almost any activity and weather situation.
The Sport X10 delivers up to eight hours of battery life from a single charge and up to 32 hours of playtime with the charging case, delivering an all-day listening experience. With Fast Charging technology, users also get 2 hours of playback after just 10 minutes of charging.
Soundcore's Sport X10 TWS earbuds have 6 microphones as well as a wind noise reduction feature located in the mobile app that helps to provide the clearest calls and ensures a reduction in background noise. The Sport X10 also features hybrid noise cancellation to help eliminate a noisy environment, while users are working out or jogging in the park. However, they also feature Transparency mode to ensure that users can hear traffic or other dangers for safety during a run or bike ride on a busy street.
The Sport X10 also utilize Bluetooth 5.2, which provides an instant and stable connection to a mobile device. The Soundcore app, available on Android and iOS, adds several powerful features for a sport-focused pair of earbuds including a new breathing exercise guide to help users focus on their breathing before or after a workout.
Availability and Pricing
The Sport X10 will initially be offered in Black and Oat White at time of launch. A red model is slated to be available in late July or early August as well. The Sport X10 are available for $79 in the US, £89 in the UK; €99 EUR in Germany and Europe and $119 CAD in Canada on Amazon.com, Soundcore.com and through other retail partners.
Soundcore is committed to reinventing audio by bringing it to the people. This includes premium wireless headphones and beautifully designed indoor and outdoor speakers that support popular music services, voice services, and an ever-growing number of compatible smart home products. For more information visit, www.soundcore.com.
Anker Innovations is a global leader in charging technology and a developer of unique, consumer electronic products that support premium audio, mobile entertainment and the emerging smart home space. This innovation is being led by its six key brands: Anker, AnkerWork, eufy, Nebula, Soundcore and now, AnkerMake.
More information on Anker Innovations and its various brands can be found at anker.com.
The Anker Logo is a registered trademark of Anker Innovations.
DISCLAIMER
Statements in this news release that are not statements of historical fact may include forward-looking statements regarding future events or the future financial performance of the company. We wish to caution you that such statements are just predictions and that actual events or results may differ materially. Forward-looking statements involve a number of risks and uncertainties surrounding competitive and industry conditions, market acceptance for the company's products, risks of litigation, technological changes, developing industry standards and other factors related to the company's businesses. The actions referred to in this press release are not an admission or acknowledgement of any claim or allegation. The Company reserves all of its rights.
PR Contact
Adam Weissman, Senior PR Manager, Anker/Soundcore
adam.weissman@anker.com
For High-Res Product and Lifestyle Images
https://bit.ly/SportX10
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SOURCE Soundcore | https://www.mysuncoast.com/prnewswire/2022/06/21/soundcore-launches-sport-x10-fitness-focused-earbuds-with-rotating-earhook-design/ | 2022-06-21T16:28:25Z |
SALT LAKE CITY, July 5, 2022 /PRNewswire/ -- Instructure Holdings, Inc. (Instructure) (NYSE: INST), the makers of the Canvas Learning Management System, today announced that it will report financial results for its second quarter ended June 30, 2022 on Monday, August 1, 2022 after market close.
Instructure will host a conference call and webcast at 3:00 p.m. Mountain Time (or 5:00 p.m. Eastern Time) on Monday, August 1, 2022 to discuss its financial results. The conference call can be accessed by dialing (888) 330-2384 from the United States and Canada or (240) 789-2701 internationally with conference ID 1348899. A live webcast and replay of the conference call can be accessed from the investor relations page of Instructure's website at ir.instructure.com.
Following the completion of the call through 9:59 p.m. Mountain Time (or 11:59 p.m. Eastern Time) on August 8, 2022, a telephone replay will be available by dialing (800) 770-2030 from the United States and Canada or (647) 362-9199 internationally with conference ID 1348899.
About Instructure
Instructure (NYSE: INST) is an education technology company dedicated to elevating student success, amplifying the power of teaching, and inspiring everyone to learn together. Today the Instructure Learning Platform supports tens of millions of educators and learners around the world. Learn more at www.instructure.com.
Contact
Brian Watkins
Corporate Communications
Instructure
(801) 610-9722
brian.watkins@instructure.com
Denise Garcia
Alex Liloia
Hayflower Partners
(646) 918-4041
investors@instructure.com
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SOURCE Instructure Holdings, Inc. | https://www.kxii.com/prnewswire/2022/07/05/instructure-announce-second-quarter-2022-financial-results-august-1-2022/ | 2022-07-05T20:43:55Z |
BOSTON, Sept. 6, 2022 /PRNewswire/ -- Exaktera LLC, ("Exaktera"), a Union Park Capital ("Union Park") portfolio company, is pleased to announce its acquisition of Advanced Illumination Inc. ("Advanced Illumination"), a long-established design and manufacturer of specialty LED lighting assemblies and drivers for machine vision, industrial imaging, bio-medical and related imaging applications. Terms of the transaction were not disclosed.
Advanced Illumination's state-of-the-art LED components, current mode drivers and strobe sources, combined with optical and thermal design techniques enable factory automation and machine vision across a wide variety of industrial applications. Established in 1993, Advanced Illumination has partnered with industry leading integrators, distributors and OEMs to solve end users illumination needs and solving the their most challenging advanced lighting challenges.
"We are very excited to have Advanced Illumination join the Exaktera family," says Phil Martin, CEO Exaktera. "The company's product portfolio in specialty LED solutions and expertise in machine vision is highly complementary to Exaktera's existing capabilities. Their technical leadership and deep application knowledge strengthens our overall capabilities and will allow us to best serve our customers."
John Tharakill will continue in his key leadership role as President of Advanced Illumination. "The transaction is a tremendous opportunity for Advanced Illumination and its employees to grow to the next level leveraging global resources under the Exaktera umbrella. With Exaktera we have found a great home to ensure future success," added Mr. Tharakill. "The synergies of products, technical resources, and global sales will significantly enhance the value we can provide our customers and ensure we continue to solve the most demanding machine vision illumination challenges."
About Advanced Illumination Inc.
Advanced Illumination was established in 1993 and is headquartered in Rochester, Vermont. The company offers its customers complete illumination solution for their unique lighting requirements. With its extensive experience in design and manufacturing LED solutions, Advanced Illumination has developed unique expertise to solve the most difficult lighting challenges for its customers. For more information visit www.advancedillumination.com.
About Exaktera LLC
Exaktera, a portfolio company of Union Park Capital, is focused on critical components that define the precision performance for OEMs. Exaktera's premium brands are used across a wide range of applications and end markets to enable continuously increasing demand for machine vision, automation and enable improvements in efficiency, productivity, and safety. More information can be found visiting www.exaktera.com.
About Union Park Capital
Union Park Capital is a private equity firm solely focused on lower middle-market industrial technology companies. Union Park takes a long-term perspective to help stakeholders build value over time and drives value creation through profitably growing a business, not financial engineering. Union Park Capital is based in Boston, MA, and has extensive investments and expertise in the industrial technology sector. For more information visit www.union-park.com.
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SOURCE Exaktera LLC | https://www.wibw.com/prnewswire/2022/09/06/exaktera-announces-acquisition-advanced-illumination-inc/ | 2022-09-06T14:31:52Z |
‘Somebody has to know something’: Police clear hit-and-run suspect as victim remains in ICU
By Hannah Mackenzie
Click here for updates on this story
ASHEVILLE, North Carolina (WLOS) — A person of interest in an Asheville hit-and-run that left a man in critical condition has been cleared, sending investigators back to square one.
According to Asheville Police Department, on April 6, 2022, a 39-year-old man was transported to Mission Hospital in critical condition after his moped was hit by the driver of a pick-up truck near the intersection of Long Shoals Road and C P & L drive.
The driver of the truck fled the scene, but APD Senior Officer Jonathan Derrick said witnesses were able to get a description of the vehicle.
“The vehicle is an older-model, four-door pickup truck,” Derrick said. “It’s possibly two-toned, burgundy or maroon on the top with maybe grey on the bottom of the truck.”
Asheville police initially released surveillance photos of a truck matching that description – along with its driver. They have since exonerated that suspect, but according to a press release, the description of the suspect vehicle remains the same.
Family of the hit-and-run victim have identified him as Court Maggard. Maggard’s father, Wendell Maggard, drove in from Kentucky on Easter Sunday, April 17, to be by his son’s side.
Court Maggard, a father of two, was initially on life support but was able to be taken off that intervention on Wednesday, April 13 — an entire week after the hit-and-run. Still, he has a long road ahead of him when it comes to his recovery.
“They had to take half of his pancreas out and his spleen completely,” Wendell Maggard said. “His hip is completely busted up, his right leg is busted up from top to bottom, had a small brain bleed which has kind of healed itself, they think.”
This is Maggard’s second stint at his son’s bedside. He told us he was thrilled to hear his son’s condition appears to be improving from last week.
“They say he’s really talking good today,” Maggard said. “And that’s great!”
The elder Maggard’s attention is split, though. He’s focused on his son’s recovery while simultaneously wondering about the search for the person responsible for putting him in intensive care.
“Somebody’s out there that did this and they need to get him off the road. He could do it to somebody else,” Maggard said. “I’d like for him to give himself up, but if not, I hope we can catch him. From what [officers] told me, he ran over the vehicle after he hit Court. There has to be some damage; somebody has to know something.”
If you have any information about the hit-and-run, you’re asked to contact the Asheville Police Department at 828-252-1110.
You can contact the Asheville Police Department anonymously via the tip line by texting TIP2APD to 847411 (TIP411) or use the TIP2APD smartphone app.
Please note: This content carries a strict local market embargo. If you share the same market as the contributor of this article, you may not use it on any platform. | https://localnews8.com/cnn-regional/2022/04/18/somebody-has-to-know-something-police-clear-hit-and-run-suspect-as-victim-remains-in-icu/ | 2022-04-18T15:09:09Z |
STAMFORD, Conn., June 23, 2022 /PRNewswire/ -- O'Donnell Learn+ISG, the full service learning experience company, is pleased to announce the promotion of Matt Gurney to Chief Product and Strategy Officer.
This new role will help the firm continue to grow the presence of its Nectar-based product suite in the market. Among his new responsibilities, Mr. Gurney's role will be to build out the Nectar technology for the firm, including the resource libraries. He will also lead corporate development for the fast growing firm.
Mr. Gurney's prior role in the firm was as Senior Vice President, Strategy & Product Innovation, where over the past two years he raised the profile of the company's products and strategies and led the development of the Nectar platform. Carrie O'Donnell, O'Donnell Learn+ISG's Founder and CEO stated "We welcome Matt into this new role. His combined expertise in the product development, marketing and strategy positions him perfectly to lead the next phase of our transformation into a tech-enabled learning experience platform company.."
O'Donnell Learn + ISG is the data driven Learning Experience Company that delivers a people centric set of solutions that meet the demands of modern learners and educators. Their technology powered managed services are delivered in a purchasing model that's flexible, accessible, and predictable for today's institution. O'Donnell Learn + ISG is uniquely positioned to help improve learning experiences at scale. For more information, please visit www.odlearn.com.
Contact: Stefanie Scott
O'Donnell Learn
Phone: (203) 973-0635
Email: sscott@odlearn.com
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SOURCE O'Donnell Learn | https://www.mysuncoast.com/prnewswire/2022/06/23/odonnell-learnisg-names-matt-gurney-new-chief-product-strategy-officer/ | 2022-06-23T20:33:40Z |
TULSA, Okla. (AP) — Mito Pereira skidded out of control just like so many other contenders in the wind and cold of Southern Hills. He got back on course at just the right time Saturday in the PGA Championship.
Pereira steadied himself with three birdies over the last six holes, the final one from just outside 25 feet for a 1-under 69. That gave the 27-year-old from Chile a three-shot lead over Matt Fitzpatrick and Will Zalatoris.
For Tiger Woods, his slide on a battered right leg seemed to last all day in what turned out to be his last round. Woods withdrew for the first time in a major as a pro. He limped around Southern Hills for a 79, his worst score ever in the PGA Championship.
At stake for the 27-year-old Pereira is a chance to become the first PGA Tour rookie to win a major since Keegan Bradley in the 2011 PGA Championship.
“I was playing really good and suddenly I made four bogeys in five holes. It was a tough place to be at that moment,” he said. “But just found myself from 13 on. Those holes are pretty tough. So really happy how I ended up playing. The birdie on 18 was a bonus.
“Just happy to be in this position.”
There were missed opportunities for so many others on a rough day featuring a wind out of the north that made Southern Hills play entirely different.
Former PGA champion Justin Thomas went 12 holes without a birdie, and then he gave it back with a bogey on the closing hole for a 74. Two-time Masters champion Bubba Watson looked shaky as ever on the greens, making three bogeys over his last four holes for a 73. They went from the cusp of contention to seven shots behind.
Rory McIlroy had a six-hole stretch around the turn that he played in 6 over — and that even included a birdie — for a 74 to fall nine shots back.
Zalatoris had his problems, too. He dropped four shots in the opening seven holes and went from a one-shot lead to a five-shot deficit until he crawled his way back into the game.
“I was pretty frustrated with the start but I would rather have a frustrating start and good finish. It’s good momentum heading into tomorrow,” Zalatoris said.
Pereira, the top player on the PGA Tour’s developmental circuit last year, was at 9-under 201.
He will be in the final group of his first PGA Championship — and only his second major — with Fitzpatrick, who birdied his last two holes for a 67 to quietly sneak into contention.
Zalatoris will be in the penultimate group with Cameron Young, the son of a PGA professional, who charged into the mix by driving the 296-yard 17th hole and making a 25-foot eagle. He wound up with a 67 and was four shots behind.
What the leading four players have in common is inexperience at the highest level. None has won a major. None has even won on the PGA Tour, the toughest circuit in golf, although Fitzpatrick is the No. 17 player in the world with seven titles on the European tour.
Pereira wasn’t immune from a slide. He became the first player to reach 10 under for the championship with a 10-foot birdie putt on the par-5 sixth, and he stretched the lead to five shots when Zalatoris made another bogey.
But then the Chilean took bogey on the par-3 eighth, chunked an approach from the fairway on the ninth and made bogey, had a wedge spin off the front of the green at No. 10 and into the bunker for bogey, and went over the 12th green for a fourth bogey in five holes.
Zalatoris briefly caught him with a 35-foot birdie putt on the par-5 13th. That only lasted as long as it took Pereira who match birdies from 18 feet, and the Chilean answered with a daring shot over the edge of a bunker to 6 feet for birdie on the par-3 14th.
Woods was long gone and aching when all this action unfolded. He looked pained as ever in the morning after a half-hour delay from rain, making five straight bogeys, hitting two balls in the water and having to hole a 5-foot putt on the final hole to break 80.
The only other time he withdrew from a major was when he injured his wrist in the 1995 U.S. Open at Shinnecock Hills when he was an amateur.
Only 16 players remained under par at Southern Hills, a list that included Webb Simpson. On Friday, he had to save par from a bunker on his final hole to make the cut on the number. In a tie for 64th at the start of the third round, Simpson shot a 65 and moved into a tie for 10th.
He was eight shots back, seemingly too far to catch Pereira, but so little is known about how he will be react to the Sunday pressure of trying to win a major.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/pereira-leads-pga-championship-woods-withdraws-after-79/ | 2022-05-22T22:48:38Z |
Franchise Business Review Selects Military Veteran Lambie Among Hundreds of Contenders
TROY, Mich., Aug. 3, 2022 /PRNewswire/ -- Ziebart franchisee and military veteran Nick Lambie was named among an exclusive list of 12 Franchise Rock Stars of 2022 by leading industry research firm Franchise Business Review for his outstanding achievements as a Ziebart franchise owner in Morgantown, WV.
For the Franchise Rock Star Awards, Franchise Business Review reviewed over 273 nominations from franchisors in eight categories, including Top Performers, Multi-Unit Owners, Veteran-Owned and Family-Owned, and then narrowed the search by selecting 60 franchisees that defined what it really means to be a Rock Star, including leadership, business acumen, financial and professional success, and contributing to their community. Lambie earned one of the 12 final, coveted spots on the list.
Lambie, who opened his Ziebart franchise in 2019 and recently signed an agreement for his second franchise location in Bridgeport, West Virginia, spent time in the military as an Air Force Weapons Director before deciding to go into franchising. He credits his training as a main component of his leadership style. It made him recognize the importance of paying attention to detail and the importance of fostering a high-performing team. Lambie cares about each and every one of his employees, and truly values their input. He credits a lot of his success to how his team cares for each other and how they are consistently looking for ways to grow.
"Nick exemplifies all of Ziebart's core values of Honesty, Passion, Innovation, Teamwork and Legacy," said Ziebart International Corporation President & Chief Executive Officer, Thomas A. Wolfe. "The leadership skills and attention to detail he learned in the military has definitely transferred over into how he runs his Ziebart business. Nick genuinely cares about his team members and is passionate about providing a seamless and enjoyable experience to all of his customers. Franchise Business Review made an excellent choice in naming him a 2022 Rock Star."
Michelle Rowan, president & COO of Franchise Business Review, noted: "Each year it gets harder and harder to narrow down the list, but the franchisees recognized this year, including Nick Lambie, truly stand out as exceptional examples of achieving success within the franchise model. We are thrilled to recognize these individuals as Franchise Rock Stars."
About Ziebart
Founded in 1959, Ziebart International Corporation is the worldwide leader in premium automotive appearance and protection services that extend the life of vehicles. Ziebart operates over 400 locations, with 1,200 service centers, in 36 countries. Ziebart continues to grow and offers domestic and international franchising opportunities, a best-in-class investment for qualified prospects. For more information about Ziebart including franchise opportunities, please visit www.ziebart.com.
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SOURCE Ziebart | https://www.wibw.com/prnewswire/2022/08/03/ziebart-franchisee-nick-lambie-earns-spot-prestigious-2022-franchise-rock-star-list/ | 2022-08-03T14:30:08Z |
HOUSTON, Aug, 5, 2022 /PRNewswire/ -- U. S. Well Services, Inc. (NASDAQ: USWS) will issue its financial and operating results for the second quarter 2022 after the market closes on Wednesday, August 10, 2022 and host its earnings conference call and webcast on Thursday, August 11, 2022 at 10:00 a.m. Central Time.
For those who cannot listen to the live call, a replay will be available through August 18, 2022 and may be accessed by dialing 201-612-7415 and using the passcode 13732178#. Also, an archive of the webcast will be available shortly after the call at https://ir.uswellservices.com/news-events/ir-calendar.
About U.S. Well Services, Inc.
U.S. Well Services, Inc. is a leading provider of electric pressure pumping services and a market leader in electric pressure pumping. The Company's patented electric pressure pumping technology provides one of the first fully electric, mobile well stimulation systems powered by locally supplied natural gas including field gas sourced directly from the wellhead. The Company's electric pressure pumping technology dramatically decreases emissions, sound pollution and truck traffic while generating exceptional operational efficiencies including significant customer fuel cost savings versus conventional diesel fleets. For more information visit: www.uswellservices.com.
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SOURCE U.S. Well Services, Inc. | https://www.kxii.com/prnewswire/2022/08/05/u-s-well-services-announces-second-quarter-2022-earnings-release-date-conference-call/ | 2022-08-05T11:29:37Z |
NEW YORK, April 11, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Everbridge, Inc. ("Everbridge" or the "Company") (NASDAQ: EVBG). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Everbridge and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On December 9, 2021, the Company disclosed that its CEO had unexpectedly resigned. The Company also provided 2022 revenue growth guidance of between 20-23%, well below the expected baseline of 30%. On this news, Everbridge's stock price fell $52.37 per share, or 45.4%, to close at $63.00 per share on December 10, 2021. Then, on February 24, 2022, Everbridge announced its financial results for the fourth quarter and full year 2021, as well as its guidance for the first quarter and full year 2022. As to revenue, the Company guided only 20% growth in the first quarter of 2022 and a scant 15-17% growth for the full year, even lower than the disappointing guidance previously issued in December 2021. Further, in the related earnings call that same day, the new interim co-CEO, Vernon Irvin, disclosed for the first time, despite prior representations to the contrary, that "these products and businesses" obtained from Everbridge's buying binge "have created incremental product line complexity that produce integration challenges and have complicated our go-to-market efforts." Irvin also stated that Everbridge will pause engaging in any new M&A activity to focus on product integration, as well as significantly "simplify" and reduce its product offerings. Finally, Patrick Brickley, Everbridge's other interim co-CEO and CFO, stated that the focus on product integration and simplification would alone result in an approximate $17 million of revenue loss. Brickley also disclosed that the decline in deal sizes "has been exacerbated by lingering effects of COVID," and that it would result in another $15 million reduction in revenues.
On all this news, Everbridge's common stock price fell another $15.68 per share, or 33.9%, to close at $30.61 per share on February 25, 2022.
The Pomerantz Firm, with offices in New York, Chicago, Los Angeles, and Paris is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, the Pomerantz Firm pioneered the field of securities class actions. Today, more than 80 years later, the Pomerantz Firm continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomerantzlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
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SOURCE Pomerantz LLP | https://www.mysuncoast.com/prnewswire/2022/04/12/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-everbridge-inc-evbg/ | 2022-04-12T01:15:30Z |
Investment will support clinical studies, partnerships, operations, and R&D
NEW YORK, June 27, 2022 /PRNewswire/ -- Cordio Medical, a market-leading medical speech processing platform, announced its latest successful strategic investment round of $18 million from Ceros Financial Services and Peregrine Ventures.
Cordio Medical's HearO® product is a unique disruptive solution that converts a smartphone into a medical-grade device. The smartphone app is backed by sophisticated and proprietary algorithms allowing monitoring and early detection of fluid accumulation related to Congestive Heart Failure (CHF) condition deterioration. After a speech sample is collected from the patient's mobile device, the HearO® cloud-based server analyzes the results. If CHF deterioration is discovered, a healthcare professional immediately notifies the patient with an alert.
Ceros Capital Markets, the investment banking division of Ceros Financial Services that focuses on fundraising for early-stage medical technology companies, and Peregrine Ventures, Israel's first dedicated healthcare fund, led the latest funding to support a clinical validation study, health and academic partnerships, and sales team recruitment. The ongoing retail and distribution (R&D) of current and future versions of HearO® and clinical operations will be in Israel and the EU.
"More than 5.7 million Americans are afflicted with congestive heart failure (CHF), making it one of the most prevalent and costly conditions in the U.S.," said Tamir Tal, CEO of Cordio Medical. "This latest round of funding will allow Cordio Medical to be at the forefront of the MedTech space as the definitive pioneer in leveraging speech processing technologies to monitor CHF. A smartphone running our app for remote monitoring of CHF status will improve patient mortality, quality of life, and contribute to health economic outcomes."
"Pioneering advancements in medical technology have opened the doors to personalized care with revolutionary new monitoring and treatment options. Cordio Medical's technology for an easy-to-use smartphone app takes patient care to a new level by providing what we believe is the first non-invasive medical-grade monitoring device for chronic heart conditions," said Mark Goldwasser, CEO of Ceros Financial Services.
Cordio Medical seeks to go to market in the U.S. in early 2024 with final approval from the FDA.
Eyal Lifschitz, Chairman of Cordio Medical, adds, "HearO® is a digital medical device solution that transforms an off-the-shelf mobile device into a personal and accurate diagnostic tool that will help millions of individuals suffering from CHF across the globe while maintaining a firm business model. It has been an exciting journey with Cordio Medical's fantastic team, and we look forward to the company's continued growth."
Cordio Medical develops and provides groundbreaking solutions for monitoring health conditions through a patient's speech. Cordio Medical's technologies are based on true speech signal processing technology, unique to each patient, augmented with machine learning capabilities. A patient speaks into a smartphone app backed by sophisticated and proprietary algorithms that allow near real-time monitoring and early detection of condition deterioration. The system is patient-tailored, constantly learning the patient's voice, and provides personalized, seamless, and effortless monitoring. Cordio Medical's goal is to identify and mitigate condition worsening by helping physicians prevent patient deterioration and hospitalization while keeping the patient's wellbeing at the core. For more information on Cordio Medical, go to https://www.cordio-med.com.
Ceros Financial Services, Inc. Member FINRA/SIPC (www.cerosfs.com), offers comprehensive asset management and mutual fund suite for financial advisors. Ceros services include RIA custody, hybrid advisors, corporate RIA, mutual fund advisory and distribution, and an outsourced trade desk. In addition, Ceros Capital Markets, a division of Ceros Financial, is a digital and traditional platform for the distribution of primary offerings in medical devices and secondaries in unicorns via Special Purpose Vehicles (SPVs).
Peregrine Ventures, Israel's first dedicated healthcare fund, is committed to improving patients' quality of life by investing in and supporting game-changing healthcare opportunities. As a leading global life science venture capital fund, Peregrine invests throughout a company's life cycle to help facilitate growth and success and offers creative business solutions to suit the needs of its portfolio companies. From seed-stage opportunities to more mature companies, Peregrine's specifically defined funds offer portfolio companies complete, end-to-end investment solutions that have helped bring healthcare innovations to fruition for over 20 years. Peregrine's robust portfolio includes fast-growing global companies, many of them with a valuation of hundreds of millions of dollars in the fields of pharma-oncology, medical devices, implants, and digital health. Peregrine's mature funds maintain their strong position in the upper quartile of the industry's leading benchmarks (Number of exits, DPI, IRR, etc.), including 14 successful exits with an accumulated value of more than USD 2 billion. For more information, please visit www.peregrinevc.com.
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SOURCE Cordio Medical | https://www.kxii.com/prnewswire/2022/06/27/cordio-medical-raises-18-million-funding-ceros-peregrine-ventures-accelerate-growth/ | 2022-06-27T19:09:24Z |
Next phase of roof replacement slated for Shawnee Co. jail
Published: May. 9, 2022 at 3:18 PM CDT|Updated: 1 hour ago
TOPEKA, Kan. (WIBW) - Roof replacement on the Shawnee Co. Correctional Facility is taking the next step.
Commissioners voted Monday to approve a contract with Meridian Roofing Solutions to put a new roof on the adult detention center. It’s expected to cost $703,000 with a maximum of $808,500.
The county will use American Rescue Plan funds to pay for it.
Corrections Director Brian Cole said the project will start in August, with work expected to take three months.
This is the second phase of roof replacement. The Juvenile Detention Center and a more recent addition on the adult side were done last fall.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/09/next-phase-roof-replacement-slated-shawnee-co-jail/ | 2022-05-09T21:48:18Z |
Sponsored - The following content is created on behalf of Guild Mortgage and does not reflect the opinions of Gray Media or its editorial staff. To learn more about Guild Mortgage, visit https://www.guildmortgage.com/.
Guild Mortgage and United Portable Buildings have created a play space for children displaced from their homes, but the work is far from over.
Both companies are now looking to the community to help fill a Deluxe Outdoor Playhouse with furnishings and toys. That’s where you come in!
The community can help through new or used items. You can learn more about the process here. | https://www.kxii.com/sponsored/guild-mortgage/help-grayson-county-shelter-help-kids/ | 2022-04-21T17:30:09Z |
- Second quarter 2022 net income attributable to SXC was $18.0 million, or $0.21 per share; Year-to-date net income attributable to SXC was $47.5 million, or $0.56 per share
- Adjusted EBITDA(1) for the quarter was $71.3 million, an increase of $3.3 million versus the prior year period; Year-to-date 2022 Adjusted EBITDA was $155.1 million
- Increased quarterly dividend to 8 cents per share; a 33% increase
- Entered into a non-binding letter of intent with United States Steel Corporation ("U.S. Steel") that sets out the principal terms and conditions upon which SunCoke would acquire U.S. Steel's Granite City blast furnaces and build a 2.0M ton per year granulated pig iron facility with a 10 year initial term
- Increasing full year 2022 Adjusted EBITDA guidance range from $240 million - $255 million to $270 million - $285 million, reflecting continued success in the export coke market and strong performance at CMT
LISLE, Ill., Aug. 2, 2022 /PRNewswire/ -- SunCoke Energy, Inc. (NYSE: SXC) today reported results for the second quarter 2022, reflecting continued strong performance in our Domestic Coke and Logistics segments.
"Our Domestic Coke and Logistics segments continued to perform well in the second quarter with the backdrop of strong commodity markets. Although our coke production was impacted due to planned outages this quarter, it was more than offset by higher margins from our export coke sales. Our Logistics segment continues to deliver solid results, with higher volumes at our domestic terminals and favorable pricing at CMT," said Mike Rippey, President and Chief Executive Officer of SunCoke Energy, Inc. "Recognizing both record first half performance and softening export coke market conditions, we are increasing full year Adjusted EBITDA guidance to $270 million - $285 million. Additionally our Board of Directors approved a 33% increase in quarterly dividends from 6 cents to 8 cents per share effective the next quarterly payment on September 1st."
Revenues in the second quarter of 2022 increased $137.6 million as compared to the same prior year period, primarily reflecting the pass-through of higher coal prices and favorable export coke pricing.
Net income attributable to SXC increased $26.8 million from the same prior year period. The prior year period included a $22.7 million, net of tax impact of debt extinguishment costs related to our debt refinancing during the second quarter of 2021.
Adjusted EBITDA increased $3.3 million as compared to the same prior year period, primarily as a result of higher margins on export sales partially offset by lower domestic coke sales volumes described below.
Domestic Coke
Domestic Coke consists of cokemaking facilities and heat recovery operations at our Jewell, Indiana Harbor, Haverhill, Granite City and Middletown plants.
Revenues increased $133.9 million as compared to the same prior year period primarily reflecting the pass-through of higher coal prices and favorable export coke pricing.
Adjusted EBITDA increased $2.9 million as compared to the same prior year period largely due to higher margins on export sales partially offset by lower domestics coke sales volumes as a result of changes in the mix of production and timing of plant outages and repairs.
Logistics
Logistics consists of the handling and mixing services of coal and other aggregates at our Convent Marine Terminal ("CMT"), Lake Terminal, Kanawha River Terminals ("KRT") and Dismal River Terminal ("DRT").
Revenues and Adjusted EBITDA increased by $3.1 million and $1.1 million, respectively, as compared to the same prior year period driven by favorable pricing at CMT based on the API2 coal index price.
Brazil Coke
Brazil Coke consists of a cokemaking facility in Vitória, Brazil, which we operate for an affiliate of ArcelorMittal.
Revenues and Adjusted EBITDA were $9.6 million and $3.9 million, respectively, during the second quarter 2022, which was comparable to revenue and Adjusted EBITDA of $9.0 million and $4.0 million, respectively, in the second quarter 2021.
Corporate and Other
Corporate and other expenses, which include activity from our legacy coal mining business, was $9.4 million during second quarter 2022, $0.6 million higher than expense of $8.8 million during second quarter 2021 driven primarily by higher employee related expenses and higher professional services.
2022 REVISED OUTLOOK
Our 2022 revised guidance is based on higher export margins in our Domestic Coke plants and the API2 price adjustment benefit at CMT.
Our 2022 revised guidance is as follows:
- Domestic Coke total production is expected to be approximately 4.1 million tons
- Consolidated Adjusted EBITDA is expected to be between $270 million to $285 million
- Capital expenditures are projected to be approximately $80 million
- Cash generated by operations is estimated to be between $200 million to $215 million
- Cash taxes are projected to be $10 million to $12 million
We will host our quarterly earnings call at 11:30 a.m. Eastern Time (10:30 a.m. Central Time) today. The conference call will be webcast live and archived for replay in the Investors section of www.suncoke.com. Investors and analysts may participate in this call by dialing 1-888-660-6347 in the U.S. or 1-929-201-6594 if outside the U.S., confirmation code 36382.
SunCoke Energy, Inc. (NYSE: SXC) supplies high-quality coke to domestic and international customers. Our coke is used in the blast furnace production of steel as well as the foundry production of casted iron, with the majority of sales under long-term, take-or-pay contracts. We also export coke to overseas customers seeking high-quality product for their blast furnaces. Our process utilizes an innovative heat-recovery technology that captures excess heat for steam or electrical power generation and draws upon more than 60 years of cokemaking experience to operate our facilities in Illinois, Indiana, Ohio, Virginia and Brazil. Our logistics business provides export and domestic material handling services to coke, coal, steel, power and other bulk customers. The logistics terminals have the collective capacity to mix and transload more than 40 million tons of material each year and are strategically located to reach Gulf Coast, East Coast, Great Lakes and international ports. To learn more about SunCoke Energy, Inc., visit our website at www.suncoke.com.
SunCoke routinely announces material information to investors and the marketplace using press releases, Securities and Exchange Commission filings, public conference calls, webcasts and SunCoke's website at http://www.suncoke.com/English/investors/sxc. The information that SunCoke posts to its website may be deemed to be material. Accordingly, SunCoke encourages investors and others interested in SunCoke to routinely monitor and review the information that SunCoke posts on its website, in addition to following SunCoke's press releases, Securities and Exchange Commission filings and public conference calls and webcasts.
- Adjusted EBITDA represents earnings before interest, taxes, depreciation and amortization ("EBITDA"), adjusted for any impairments, restructuring costs, gains or losses on extinguishment of debt and transaction costs. EBITDA and Adjusted EBITDA do not represent and should not be considered alternatives to net income or operating income under GAAP and may not be comparable to other similarly titled measures in other businesses. Management believes Adjusted EBITDA is an important measure in assessing operating performance. Adjusted EBITDA provides useful information to investors because it highlights trends in our business that may not otherwise be apparent when relying solely on GAAP measures and because it eliminates items that have less bearing on our operating performance. EBITDA and Adjusted EBITDA are not measures calculated in accordance with GAAP, and they should not be considered a substitute for net income or any other measure of financial performance presented in accordance with GAAP. Additionally, other companies may calculate Adjusted EBITDA differently than we do, limiting its usefulness as a comparative measure.
- Adjusted EBITDA attributable to SXC represents Adjusted EBITDA less Adjusted EBITDA attributable to noncontrolling interests.
This press release and related conference call contain "forward-looking statements" (as defined in Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended). Forward-looking statements often may be identified by the use of such words as "believe," "expect," "plan," "project," "intend," "anticipate," "estimate," "predict," "potential," "continue," "may," "will," "should," or the negative of these terms, or similar expressions. However, the absence of these words or similar expressions does not mean that a statement is not forward-looking. Forward-looking statements are not historical facts, but instead represent only our beliefs regarding future events, many of which are inherently uncertain and involve significant known and unknown risks and uncertainties (many of which are beyond the control of SunCoke) that could cause our actual results and financial condition to differ materially from the anticipated results and financial condition indicated in such forward-looking statements. These risks and uncertainties include, but are not limited to, the risks and uncertainties described in Item 1A ("Risk Factors") of our Annual Report on Form 10-K for the most recently completed fiscal year, as well as those described from time to time in our other reports and filings with the Securities and Exchange Commission.
In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, SunCoke has included in its filings with the Securities and Exchange Commission cautionary language identifying important factors (but not necessarily all the important factors) that could cause actual results to differ materially from those expressed in any forward-looking statement made by SunCoke. For information concerning these factors and other important information regarding the matters discussed in this presentation, see SunCoke's Securities and Exchange Commission filings, copies of which are available free of charge on SunCoke's website at www.suncoke.com. All forward-looking statements included in this presentation are expressly qualified in their entirety by such cautionary statements. Unpredictable or unknown factors not discussed in this presentation also could have material adverse effects on forward-looking statements.
Forward-looking statements are not guarantees of future performance, but are based upon the current knowledge, beliefs and expectations of SunCoke management, and upon assumptions by SunCoke concerning future conditions, any or all of which ultimately may prove to be inaccurate. You should not place undue reliance on these forward-looking statements, which speak only as of the date of the earnings release. SunCoke does not intend, and expressly disclaims any obligation, to update or alter its forward-looking statements (or associated cautionary language), whether as a result of new information, future events, or otherwise, after the date of the earnings release except as required by applicable law.
In addition, throughout this press release, we will use non-GAAP financial measures. Non-GAAP financial measures should not be considered as alternatives to the measures derived in accordance with U.S. GAAP. Non-GAAP financial measures have important limitations as analytical tools, and you should not consider them in isolation or as substitutes for results as reported under U.S. GAAP. Reconciliations to the most comparable GAAP financial measures can be found in the Appendix to this presentation.
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SOURCE SunCoke Energy, Inc. | https://www.wibw.com/prnewswire/2022/08/02/suncoke-energy-inc-reports-strong-second-quarter-2022-results/ | 2022-08-02T12:27:15Z |
BETHESDA, Md., Aug. 18, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it structured $57.2 million in financing for three skilled nursing facilities located in Illinois. Walker & Dunlop Senior Managing Director, Joshua Rosen led the origination team, which has considerable experience with seniors housing and healthcare facilities across the country. Leveraging their extensive knowledge of the U.S. Department of Housing and Urban Development's (HUD) financing products, the team utilized the LEAN 232/223(f) for the refinance of two properties and the 232/223(a)(7) program for the other. Both programs provide long-term financing for skilled healthcare facilities. The deals reaffirm the post pandemic upward momentum in the seniors housing market.
The collection of properties includes:
- Avantara Park Ridge – Walker & Dunlop structured a $15.6 million loan through HUD's LEAN refinance program for Avantara Park Ridge, a 154-bed skilled nursing facility in Park Ridge, Illinois.
- Moraine Court Supportive Living – Walker & Dunlop secured a $28.7 million loan through HUD's LEAN refinance program for Moraine Court Supportive Living, a 185-bed Supportive Living Facility located in Bridgeview, Illinois. W&D assisted in structuring and obtaining HUD approval on a surplus cash note prior to application and refinanced the current HUD insured debt and surplus cash note.
- Aperion Care Elgin – Walker & Dunlop secured a $13.3 million loan through HUD's LEAN refinance program for Aperion Care Elgin, a 101-bed skilled nursing facility in Elgin, Illinois.
"Walker & Dunlop's ability to seamlessly navigate the HUD process helps our clients to successfully close on transactions," said Mr. Rosen. "Our team continues to enable our clients to carry out new business ideas and improve existing skilled nursing properties, keeping vulnerable populations safe."
Walker & Dunlop is a leader in seniors housing property sales and financing; the firm has completed more than 850 unique seniors housing and healthcare transactions worth over $9 billion since 2009. For more information about Walker & Dunlop's seniors housing team, visit our website.
Walker & Dunlop (NYSE: WD) is one of the largest providers of capital to the commercial real estate industry in the United States, enabling real estate owners and operators to bring their visions of communities — where Americans live, work, shop and play — to life. Our people, brand and technology make W&D one of the most insightful and customer-focused firms in our industry. With more than 1,400 employees across every major U.S. market, Walker & Dunlop has consistently been named one of Fortune's Great Places to Work® and is committed to making the commercial real estate industry more inclusive and diverse while creating meaningful social, environmental, and economic change in our communities.
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SOURCE Walker & Dunlop, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/18/seniors-housing-market-is-back-stronger-than-ever/ | 2022-08-18T23:13:52Z |
AP National Sports By Associated Press Published May 19, 2022 7:22 PM Share on FacebookShare on Twitter Share on Linkedin Key hole from opening day at PGA Championship TULSA, Okla. (AP) — The key hole from the first round at Southern Hills in the PGA Championship AP National Sports | https://localnews8.com/sports/ap-national-sports/2022/05/19/key-hole-from-opening-day-at-pga-championship/ | 2022-05-20T02:38:22Z |
Nestlé loading formula on planes to fly into US from Europe
(CNN) - As stores struggle to stock baby formula, Nestlé is loading up planes full of supplies in the Netherlands and Switzerland to send to the U.S.
The company is focused on its Gerber Good Start Extensive HA and Alfamino brands, saying they serve a “critical medical purpose” because they are for babies with cow’s milk protein allergies.
Nestlé was already importing both of these formulas, but now it’s expediting shipments.
It’s also running formula factories at capacity and has accelerated product availability to retailers, online sellers and hospitals for the most vulnerable.
In the meantime, the Biden administration says it is stepping up it coordination with the industry to try to address the shortage.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/05/18/nestl-loading-formula-planes-fly-into-us-europe/ | 2022-05-18T20:52:01Z |
The Kansas City Chiefs 2022 NFL Draft is complete
TOPEKA, Kan. (WIBW) - The Kansas City Chiefs’ final selections of the 2022 NFL Draft include defensive backs and assuring Patrick Mahomes’ safety with an offensive lineman.
Joshua Williams, a 6′3″ cornerback, was drafted in the fourth round (135th overall). He comes from Division II Historically Black University Fayetteville State and was the first HBCU player selected this year. Williams totaled 81 tackles, four tackles for loss, five interceptions, and 26 passes defended in three seasons. He earned First Team All-CIAA honors in 2021.
They get some help on the offensive line with Darian Kinnard from Kentucky who was selected 145th overall. The Consensus First-Team All-American stands at 6′5″ and weighs in at 345 pounds. He is the 6th best guard according to ESPN’s rankings. He’s played in 46 games in his career and had 39 straight starts. He was recognized with the Joe Moore Award for the nation’s best offensive line for four straight years.
They selected Jaylen Watson from Washington State. The 6′2″ corner finished last season with 31 total tackles, 23 of them solo. He also had three passes defended and two interceptions.
They take Isaih Pacheco from Rutgers. The running back ended last season with five touchdowns and 647 yards. He’s never fumbled in his career.
With their last pick in the 2022 NFL Draft, the Chiefs select Nazeeh Johnson, safety out of Marshall. He has 302 total tackles, seven interceptions, and one touchdown to his name from his time in college.
Chiefs trade up for 21st pick, choose CB Trent McDuffie
Chiefs draft Purdue defensive end with second pick of 2022 NFL Draft
The 2022 NFL Draft will be in Kansas City.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/30/kansas-city-chiefs-2022-nfl-draft-is-complete/ | 2022-04-30T23:55:48Z |
NEW YORK, July 20, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Amazon.com, Inc..
Shareholders who purchased shares of AMZN 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/amazon-com-inc-loss-submission-form-2/?id=29986&from=4
CLASS PERIOD: This lawsuit is on behalf of all persons or entities that purchased or otherwise acquired shares of Amazon common stock between July 30, 2021, and April 28, 2022, inclusive.
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: 1) defendants knew or recklessly disregarded that the Company's infrastructure and fulfillment network investments substantially outpaced demand; 2) those investments were a massive, self-imposed, undue drain on Amazon's financial condition; 3) contrary to defendants' public statements and undisclosed to investors, defendants had already implemented cutbacks to Amazon's fulfillment capacity by July 2021; and 4) as a result of defendants' misrepresentations and omissions, Amazon's common stock traded at artificially inflated prices during the class period.
DEADLINE: September 6, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/amazon-com-inc-loss-submission-form-2/?id=29986&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of AMZN 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 September 6, 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.wibw.com/prnewswire/2022/07/20/shareholder-alert-gross-law-firm-notifies-shareholders-amazoncom-inc-class-action-lawsuit-lead-plaintiff-deadline-september-6-2022-nasdaq-amzn/ | 2022-07-20T10:59:10Z |
DALIAN, China, April 22, 2022 /PRNewswire/ -- CBAK Energy Technology, Inc. (NASDAQ: CBAT) ("CBAK Energy," or the "Company"), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that the Company is aware of the fact that it was provisionally identified by the U.S. Securities and Exchange Commission (the "SEC") under the Holding Foreign Companies Accountable Act (the "HFCAA") on April 21, 2022.
The identification was anticipated by the Company as a routine HFCAA application that follows CBAK Energy's filing of an annual report on Form 10-K for the fiscal year ended December 31, 2021 with the SEC on April 15, 2022. This indicates that the SEC has determined the Company used an auditor who cannot be inspected or investigated completely by the Public Company Accounting Oversight Board (the "PCAOB"), to issue the audit report for the Company's financial statements for the fiscal year ended December 31, 2021.
Pursuant to the HFCAA, the SEC shall prohibit a company's securities from being traded on a U.S. stock exchange if the company has been identified by the SEC under the HFCAA for three consecutive years due to the PCAOB's inability to inspect its auditor because of a position taken by the authority in the foreign jurisdiction where the auditor is located.
CBAK Energy plans to identify and engage an independent public accounting firm that satisfies PCAOB inspection requirements for the audit of its consolidated financial statements within the requisite timeframe. As always, the Company will continue to comply with all applicable laws and regulations in all jurisdictions where it operates or is listed and strive to maintain its listing status on the Nasdaq Stock Market.
About CBAK Energy
CBAK Energy Technology, Inc. is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium batteries. The applications of the Company's products and solutions include electric vehicles, light electric vehicles, electric tools, energy storage, uninterruptible power supply (UPS), and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian and Nanjing, as well as a large-scale R&D and production base in Dalian.
For more information, please visit www.cbak.com.cn.
Safe Harbor Statement
This press release contains "forward-looking statements" that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are 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. We have attempted to identify forward-looking statements by terminology including "anticipates," "believes," "can," "continue," "could," "estimates," "expects," "intends," "may," "plans," "potential," "predicts," "should," or "will" or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.
Any forward-looking statements contained in this press release are only estimates or predictions of future events based on information currently available to our management and management's current beliefs about the potential outcome of future events. Whether these future events will occur as management anticipates, whether we will achieve our business objectives, and whether our revenues, operating results, or financial condition will improve in future periods are subject to numerous risks. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: significant legal and operational risks associated with having substantially all of our business operations in China, the Chinese government may exercise significant oversight and discretion over the conduct of our business and may intervene in or influence our operations at any time, which could result in a material change in our operations and/or the value of our securities or could significantly limit or completely hinder our ability to offer or continue to offer securities to investors and could cause the value of such securities to significantly decline or be worthless, trading in our securities may be prohibited under the Holding Foreign Companies Accountable Act if the PCAOB subsequently determines our audit work is performed by auditors that the PCAOB is unable to inspect or investigate completely, the effects of the global Covid-19 pandemic, changes in domestic and foreign laws, regulations and taxes, uncertainties related to China's legal system and economic, political and social events in China, the volatility of the securities markets; and other risks including, but not limited to, the ability of the Company to meet its contractual obligations, the uncertain market for the Company's lithium battery cells and business, macroeconomic, technological, regulatory, or other factors affecting the profitability of battery cells designed for energy storage that we discussed or referred to in the Company's disclosure documents filed with the U.S. Securities and Exchange Commission (the "SEC") available on the SEC's website at www.sec.gov, including the Company's most recent Annual Report on Form 10-K as well as in our other reports filed or furnished from time to time with the SEC. You should read these factors and the other cautionary statements made in this press release. If one or more of these factors materialize, or if any underlying assumptions prove incorrect, our actual results, performance or achievements may vary materially from any future results, performance or achievements expressed or implied by these forward-looking statements. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.
For investor and media inquiries, please contact:
In China:
CBAK Energy Technology, Inc.
Investor Relations Department
Mr. Thierry Jiewei Li
Phone: 86-18675423231
Email: ir@cbak.com.cn
The Blueshirt Group
Ms. Feifei Shen
Phone: +86 13466566136
Email: feifei@blueshirtgroup.com
The Blueshirt Group
Ms. Suwen Feng
Phone: +86 13917110134
Email: suwen@blueshirtgroup.com
In the United States:
The Blueshirt Group
Ms. Julia Qian
Phone: +1 973-619-3227
Email: Julia@blueshirtgroup.com
Related Links
https://ir.cbak.com.cn/
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SOURCE CBAK Energy Technology, Inc. | https://www.wibw.com/prnewswire/2022/04/22/cbak-energy-releases-status-update-sec-announcements-under-holding-foreign-companies-accountable-act/ | 2022-04-22T20:59:03Z |
ATLANTA -- Each year, the Georgia Chamber awards one state Senate member, one state House member and one freshman legislator as their Legislators of the Year. This year’s recipients are Sen. Larry Walker (Perry), Rep. Robert Dickey (Musella), and Rep. Rob Leverett (Elberton), respectively.
The Georgia Chamber awards are given to those elected officials who focus their legislative efforts on enacting policies that promote economic development, free enterprise and job creation throughout the state. These legislators are voted on by the Executive Committee of the Georgia Chamber’s Government Affairs Council, the body that both determines the organization’s legislative agenda and directs the positions the organization takes on specific legislation.
“Throughout my tenure in the state Senate, I have held my relationship with the Georgia Chamber and the business community in the highest regard," Walker said. "I’m honored to receive this esteemed award from an organization who understands the unique relationship that business and government must maintain to ensure our continued successes for our job creators, work force and families alike.”
“I’m honored to be recognized as the House Legislator of the Year by the Georgia Chamber," Dickey said. "It is crucial during this time of recovery that we focus on businesses and employers as the drivers of Georgia’s economy. I look forward to continuing to work with the Georgia Chamber to enact smart, flexible policy to help us recover and make our state more resilient.”
“I’m proud to be a pro-business, pro-jobs legislator, and I’m honored by this recognition,” Leverett said. “My priority will remain keeping our economy running by ensuring Georgia businesses prosper and economic opportunities are afforded to all Georgians. I look forward to the continued partnership with the chamber and the business community to keep Georgia the No. 1 state in which to do business for years to come.”
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accounts, the history behind an article. | https://www.albanyherald.com/news/georgia-chamber-names-legislators-of-year/article_fa6306dc-e90f-11ec-80f0-8b06d7691e8b.html | 2022-06-11T12:31:18Z |
AUSTIN (Nexstar) — Texas needs more mental health practitioners — especially in more rural areas like Uvalde.
According to the Texas State Board of Examiners of Psychologists (TSBEP), about 170 counties have one or no psychologists. TSBEP is the licensing agency for mental health practitioners.
At the State Capitol Thursday, TSBEP held a special meeting to look at whether changing some state rules could help — updating rules are within the agency’s purview.
One idea is to allow school psychologists to work independently with children. Current rules limit them to helping kids in schools. According to the board’s chair, there are nearly 4,000 school psychologists who could be providing more mental health help off school grounds.
Another idea would create a pathway for other licensed psychologists to practice in schools, which isn’t currently allowed.
The board also weighed whether to ease some post-doc training requirements for school therapists —though this isn’t something they support. Members feel the current requirements help with the quality of psychologists.
Some public comments emphasized the need for maintaining rigor in the process to becoming a licensed school therapist. Many expressed concerns about wanting to maintain the quality of those in the profession, even in the midst of looking for creative solutions to have school therapists throughout the state.
A former school psychologist at the meeting said there needs to be more awareness.
“Many times there will be a licensed specialist in school psychology at a school, but nobody really knows what they do, even the people in authority at the school,” Dr. Elaine Turner, former school psychologist said. “There’s sort of a lack of education in what we do. It’s important because all mental health starts in childhood. And children spend most of their days at school.”
The formal title for a school therapist is “licensed specialists in school psychology.” The board said it might reconsider officially changing the title to “School Therapist,” so more people better understand what the position is.
The chair of TSBEP, John Bielamowicz, said public comment in Thursday’s meeting was thoughtful and helpful in coming up with collaborative solutions.
He said legislative action will also be necessary to help with the crisis. The board will meet again in late summer. | https://cw33.com/news/texas-rural-areas-severely-lacking-mental-health-practitioners-board-says/ | 2022-07-01T15:09:40Z |
SAN DIEGO, Aug. 3, 2022 /PRNewswire/ -- Poseida Therapeutics, Inc. (Nasdaq: PSTX), a clinical-stage biopharmaceutical company utilizing proprietary genetic engineering platform technologies to create cell and gene therapeutics with the capacity to cure, today announced that it has commenced an underwritten public offering of shares of its common stock. In addition, Poseida expects to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of its common stock offered in the offering. All of the shares to be sold in the offering are to be sold by Poseida. The offering is subject to market and other conditions, and there can be no assurance as to whether or when the offering may be completed, or the actual size or terms of the offering.
Piper Sandler and William Blair & Company, L.L.C. are acting as joint book-running managers for the offering. Cantor Fitzgerald & Co. and BTIG, LLC are also acting as book-running managers for the offering.
The proposed offering is being made pursuant to a shelf registration statement on Form S-3, including a base prospectus, previously filed and declared effective by the Securities and Exchange Commission (the "SEC"). The offering is being made only by means of a written prospectus and prospectus supplement that form a part of the registration statement. A copy of the preliminary prospectus supplement and accompanying prospectus relating to the offering will be filed with the SEC and will be available for free on the website of the SEC at www.sec.gov. Copies of the preliminary prospectus supplement and accompanying prospectus relating to the offering may be obtained, when available, by contacting Piper Sandler, Attention: Prospectus Department, 800 Nicollet Mall, J12S03, Minneapolis, MN 55402, by telephone at (800) 747-3924 or by email at prospectus@psc.com; or William Blair & Company, L.L.C., Attention: Prospectus Department, 150 North Riverside Plaza, Chicago, IL 60606, by telephone at (800) 621-0687 or by email at prospectus@williamblair.com.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or other jurisdiction.
Poseida Therapeutics is a clinical-stage biopharmaceutical company dedicated to utilizing our proprietary genetic engineering platform technologies to create next generation cell and gene therapeutics with the capacity to cure. We have discovered and are developing a broad portfolio of product candidates in a variety of indications based on our core proprietary platforms, including our non-viral piggyBac® DNA Delivery System, Cas-CLOVER™ Site-specific Gene Editing System and nanoparticle- and AAV-based gene delivery technologies. Our core platform technologies have utility, either alone or in combination, across many cell and gene therapeutic modalities and enable us to engineer our portfolio of product candidates that are designed to overcome the primary limitations of current generation cell and gene therapeutics.
Statements contained in this press release regarding matters that are not historical facts are "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements include statements regarding, among other things, the timing, terms and completion of the proposed public offering. Because such statements are subject to risks and uncertainties, actual results may differ materially from those expressed or implied by such forward-looking statements. These forward-looking statements are based upon Poseida's current expectations and involve assumptions that may never materialize or may prove to be incorrect. Actual results could differ materially from those anticipated in such forward-looking statements as a result of various risks and uncertainties, which include, without limitation, risks and uncertainties associated with market conditions, the satisfaction of customary closing conditions related to the offering, and the other risks described in Poseida's filings with the SEC. All forward-looking statements contained in this press release speak only as of the date on which they were made. Poseida undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date on which they were made, except as required by law.
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SOURCE Poseida Therapeutics, Inc. | https://www.wibw.com/prnewswire/2022/08/03/poseida-therapeutics-announces-proposed-public-offering-common-stock/ | 2022-08-03T20:36:42Z |
BEIJING, April 11, 2022 /PRNewswire/ -- Recently, Realsee, a world-leading space digitalization integrated solution provider, officially entered into strategic cooperation with Realestate.com.kh, a real estate portal platform in Cambodia. The partnership will facilitate the sharing of technology and allow both parties to jointly explore new ways to advance the digitalization of real estate.
As a pioneer in digital space capture and processing, Realsee has taken the lead in the large-scale application of 3D reconstruction technology in China. Realsee has not only developed VR hardware acquisition equipment applicable to a range of industries and use cases, but also launched VR inspection, and AI-design functionality. These products have revolutionized the real estate transaction experience for homebuyers and sellers around the world. As of the end of 2021, Realsee had completed the 3D reconstruction of more than 18.44 million physical spaces generating more than 1.6 billion VR views annually.
Built on its advantages in technological leadership and low cost digital space solutions, Realsee has been adopted by more than 100 brands across 27 countries. After formalizing cooperation with Realsee, Realestate.com.kh will fully integrate a range of digital real estate solutions into its network, creating digital twins for potentially tens of thousands of new and existing properties. Realsee's VR solutions offer users the ability to experience lifelike restorations of properties, providing a high level of detail include property dimensions, orientation, surrounding environment – all seamlessly accessed through mobile or web browser.
In the era of COVID-19, VR is making property inspections safer, faster, and easier. Thomas O'Sullivan, CEO of Realestate.com.kh, pointed out that, "Customers usually prefer online housing inspection at present. VR-based housing inspection created by Realsee integrates everything into a 3D space with a more immersive panoramic effect and provides customers with an immersive house inspection experience. This cooperation with Realsee will not only provide a truly improved experience for offline property seekers, but also create significant benefits and value for real estate developers and brokers."
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SOURCE Realsee | https://www.mysuncoast.com/prnewswire/2022/04/11/realestatecomkh-partners-with-realsee-transform-real-estate-emerging-markets/ | 2022-04-11T08:44:03Z |
BELLINZONA, Switzerland (AP) — Prosecutors in the fraud trial of former FIFA president Sepp Blatter and vice president Michel Platini asked Wednesday for both men to get 20-month suspended prison sentences.
Blatter and Platini, a former France national team captain who was president of European governing body UEFA, faced sentences of up to five years for financial wrongdoing but actual jail time was considered to be unlikely ahead of their 11-day trial. Verdicts are expected on July 8.
Prosecutor Thomas Hildbrand also asked the three judges at Switzerland’s federal criminal court for Platini to pay FIFA more than 2.2 million Swiss francs ($2.2 million) in compensation.
Blatter and Platini deny fraud and lesser charges relating to a FIFA-approved $2 million payment to the France great in 2011. At the time, Platini was UEFA president, a FIFA vice president and was expected to succeed Blatter, likely in 2015.
Platini said in a statement published after the court session that he was “serene and confident.”
“The indictment of the prosecutor today is devoid of any basis,” Platini said. “The debates of the trial proved that this criminal procedure had no reason to exist.”
The prosecution argued there was no legal or contractual basis for FIFA to pay Platini’s invoice for working as a presidential adviser in Blatter’s first term between 1998 and 2002. FIFA also paid $229,000 of social security taxes in Zurich.
Both have long denied wrongdoing and claim they had a verbal deal in 1998 for Platini to get extra salary that FIFA could not pay at the time. Platini signed a contract in August 1999 to be paid 300,000 Swiss francs ($300,000) annually.
Their defense previously failed at the FIFA ethics committee, which banned them from soccer and removed them from office, the FIFA appeals committee, and later in separate appeals at the Court of Arbitration for Sport.
Blatter has said FIFA accounted for the money properly, and Platini has claimed the allegation came to light in September 2015 to block him from campaigning to be FIFA president.
In June 2015, Blatter announced his plan to resign early as president in fallout from a sprawling American corruption investigation. A separate but cooperating case by Swiss prosecutors led to the Platini payment being investigated.
The 86-year-old Blatter and Platini testified last week and both are expected to make closing statements at the end of the trial on June 22.
___
More AP soccer: https://apnews.com/hub/soccer and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/blatter-platini-face-20-month-suspended-jail-sentences/ | 2022-06-15T15:59:46Z |
The A.I.-driven music platform is now available to dementia caregivers in five countries, offering automated daily care to tens of millions internationally
Vera announces strategic collaboration with Universal Music Group, allowing its users therapeutic access to the world's largest music catalogue
LONDON, June 9, 2022 /PRNewswire/ -- Music Health, a Music Wellness Technology innovator, has developed and launched Vera, an intuitive music intervention tool designed for the care of people affected by dementia. Through a strategic, industry-first agreement, Vera App users are able to access the entire catalogue from Universal Music Group (UMG), the world's leading music-based entertainment company, to develop personalised music stations specifically designed to improve the lives of people living with dementia every day. As an exclusive launch partner, UMG brings a diverse and comprehensive global music catalogue to Vera users.
Vera is now approved by Apple for download via the AppStore in Australia, Canada, New Zealand, the UK and the USA, with the cross-sector Music for Dementia campaign welcoming the launch to help improve the lives of people impacted by dementia. The launch is the culmination of Music Health's rigorous three-year development process which involved global research and development of the underlying technology that allows Vera to curate the perfect song at the right time for every individual listener.
The announcement follows the launch at Universal Music UK of the Power Of Music, a report from UK Music and Music for Dementia, which outlines a blueprint to use music to help transform communities and improve the nation's health and wellbeing. It includes a commitment from Universal Music UK to develop a dynamic online resource which will serve as a music and dementia information hub.
Grace Meadows, campaign director, Music for Dementia, says, "Research shows that music is much more impactful for people living with dementia when it holds meaning and is associated with moments from someone's life. In our recently launched Power of Music report, which sets out how we can be harnessing the power of music more to support health and wellbeing, we emphasised the need for a personalised approach to embedding music in health and social care, and the Vera App helps carers to do that."
The power of personalised music to affect a significant improvement in cognitive function for people in dementia care is evidenced by international scientists and neurologists, including award-winning neuroscientist and best-selling author, Daniel J. Levitin; the late physician, best-selling author and professor of neurology, Dr. Oliver Sacks; and Ronald Devere, M.D., director of the Alzheimer's Disease and Memory Disorders Center in Austin, Texas.
Dr. Ren Minghui from the World Health Organization, says, "While there is no curative treatment for dementia, the proactive management of modifiable risk factors can delay or slow onset or progression of the disease. I urge all stakeholders to make the best use of these recommendations to improve the lives of people with dementia, their carers and their families."
Vera analyses the age of the dementia affected person, where they grew up, and how they react to certain music. It uses these criteria to autonomously curate the right songs at the right times to effectively manage the Behavioural and Psychological Symptoms of Dementia (BPSD).
More than 80 percent of people living with dementia experience BPSD, manifesting as agitation, aggression, depression, or confusion. Vera stimulates the part of the brain responsible for long-term memory to help manage the impact of BPSD, easing the care routine of those living with dementia. Listening to personally significant music - all the noteworthy songs from our own life - is shown to effectively decrease the effects of BPSD helping to improve mood, cognitive function, motor functions and brain plasticity.
Vera curates songs from UMG's unrivalled catalogue, the world's largest, most diverse and culturally rich collection of blues, classical, country, folk, jazz, pop, R&B, reggae, rock 'n' roll, soul and soundtracks. The songs are autonomously curated and played directly from the Vera app via speakers or headphones.
With more than 20,000 hours of observation and rigorous analysis, combined with research from the Global Centre for Modern Ageing, confirms that Vera has a significant positive impact on the quality of life of people dealing with BPSD. While not a cure, Vera is a tool that can temporarily improve the cognitive function and mood of the person living with dementia making it easier to care for them.
Stephen Hunt, Music Health co-founder, says, "We've built Vera to know and find the music that means the most and has the biggest effect for each person living with dementia. It acts like a music detective, that seeks out tunes that they used to love a long time ago but may have forgotten about, which their carers may have never heard of, and their families may not even know."
Vera is a product of Australian collaborative innovation. Music Health credits Barossa Village, Dementia Australia, the Australian Department of Health and the Global Centre For Modern Ageing (GCMA) for helping realise the innovation since 2019.
The Department of Health provided a research grant in 2019, following Vera winning Dementia Australia's Decoding Dementia competition.
"I'm thrilled that we've been able to bring Vera to market thanks to our amazing partnership with Universal Music Group and the many care home and researchers that have made it possible. It's thanks to their early support for the concept that we've been able to deliver this foundational change to the daily lives of those living with dementia, here and around the world," adds Hunt.
Michael Nash, UMG's Executive Vice President of Digital Strategy, says, "From rigorous workouts to peaceful meditation to restorative sleep cycles, music is deeply integrated into numerous innovations promoting health and wellbeing. Now, scientists are finding that music is also a powerful tool for helping those suffering from the effects of dementia and memory loss. At UMG, we are working with a wide range of companies to develop therapeutical applications of music and we 're proud to partner with Music Health on Vera to help improve the lives of so many around the world."
Barossa Village, an aged care organisation, worked with Music Health to refine the app and validate the impact Vera has on people living with dementia. This included daily monitoring of the changes Vera had on the people being cared for at Barossa Village as listening sessions were integrated into the daily routine of care. Findings from the studies showed an overall increase in quality of life for participants, especially after using Vera for several months. You can view a video of Barossa Village's experience here.
"Vera provides playlists that are targeted and tailored to how each of our residents relates to their favourite songs. It's an amazing innovation. And family members love it as they can participate in a shared experience with mum or dad, grandad or nanna," says Matt Kowald, General Manager, Integrated Care at Barossa Village.
Vera is currently in trials with BUPA, an international healthcare company headquartered in the UK serving more than 31 million customers across the world, as well as several of Australia's most innovative health and aged care providers offering hospital care, residential care and community services.
Vera is available in:
- Australia for AUD $119.99 for a 12-month care plan.
- Canada for CAD $89.99 for a 12-month care plan.
- New Zealand for NZD $119.99 for a 12-month care plan.
- U.K. for GBP £69.99 for a 12-month care plan.
- U.S. for USD $89.99 for a 12-month care plan.
Editor's notes:
www.veramusic.com
Australian National Dementia Helpline: 1800 100 500
Canadian National Dementia Hotline: 1-800-936-6033
New Zealand National Dementia Hotline: 0800 777 797
UK National Dementia Hotline: 0800 888 6678
US National Dementia Hotline: 1.800.272.3900
Recent research:
https://www.utoronto.ca/news/listening-favourite-music-improves-brain-function-alzheimer-s-patients-u-t-research
About Power of Music
The Power of Music report was published following a one-year study by the Music for Dementia campaign and UK Music, the collective voice of the UK's music industry. The report was launched at Universal Music UK and was attended by representatives from across health, care, philanthropy, music, government and the third sector.
The report outlines a blueprint to use music to help improve the nation's health and wellbeing. The report sets out a series of practical and actionable recommendations to help improve health and wellbeing through the power of music and what support is needed from a variety of sectors to ensure the recommendations come to fruition.
To read the report, go to www.musicfordementia.org.uk
About Music Health
Music Health is a mission-driven company with a world-class team of musicologists, scientific experts, serial founders and operators. With our Music Wellness Technology (MWT™), we are creating a world where everybody has access to personalised music as a therapy. By building digital experiences on top of MWT™, we will create a suite of digital experiences at the intersection of music therapy and digital health to improve mental health across a variety of conditions with ground-breaking, personalised innovation. We are starting with dementia.
Our first digital experience is called Vera (www.veramusic.com) - a music intervention tool to manage and prevent BPSD (Behavioural and Psychological Symptoms of Dementia - like aggression, agitation or depression) which impacts 60 million families and close to 200 million carers.
About Universal Music Group
At Universal Music Group, we exist to shape culture through the power of artistry. UMG is the world leader in music-based entertainment, with a broad array of businesses engaged in recorded music, music publishing, merchandising and audio-visual content. Featuring the most comprehensive catalogue of recordings and songs across every musical genre, UMG identifies and develops artists and produces and distributes the most critically acclaimed and commercially successful music in the world. Committed to artistry, innovation and entrepreneurship, UMG fosters the development of services, platforms and business models in order to broaden artistic and commercial opportunities for our artists and create new experiences for fans. For more information on Universal Music Group visit www.universalmusic.com
About Barossa Village
Barossa Village is a not for profit and community-owned organisation, providing aged care services to South Australia's Barossa Valley region since 1964. It has over 190 independent living units across Nuriootpa, Tanunda and Angaston and provides home care services to over 200 clients living in their own homes. Barossa Village ranks as one of the top five employers in the region, with over 200 staff employed in aged care services, nursing, hospitality, corporate services, maintenance and gardening.
About Music For Dementia
Music for Dementia is the cross-sector campaign established by the Utley Foundation in 2018 to make music an integral part of dementia care in the UK. The Music for Dementia campaign works with over 200 organisations from across the health, care, third sector and music sector, plus thousands of individual supporters, many with lived experience.
The Utley Foundation is a private family charitable trust, established in 2014. The Foundation exists to advance social causes close to the heart of the trustees, and to act as a catalyst for greater funding and wider action for the causes it supports.
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SOURCE Universal Music Group | https://www.mysuncoast.com/prnewswire/2022/06/09/dementia-management-tool-vera-launches-apples-appstore-deploying-worlds-largest-music-catalogue-universal-music-group/ | 2022-06-09T15:40:58Z |
ELKHART LAKE, Wis. (AP) — Bubba Wallace says the pointed criticism he made toward members of his crew last weekend were a result of his passion to win and shouldn’t harm his relationship with them.
“We have a team capable of winning, cars capable of winning,” Wallace said as he prepared for the NASCAR Cup Series race Sunday at Road America. “That just creates passion.”
That passion was on display last weekend at Nashville.
Wallace was in sixth place Sunday when a loose wheel during a pit stop sent him toward the back of the pack and caused him to curse at his crew. The issue caused him to restart in 31st place before he eventually finished 12th.
The 23XI Racing driver was eager to put the incident in the past Saturday. He said one of his passions was “making it feel like we’re one team and family.”
Wallace will be starting in the 25th position Sunday as the Cup Series comes to Road America for the second straight Fourth of July weekend. Points leader Chase Elliott won at Road America last year and has the pole position this time.
Wallace said his crew members understand the types of comments that can be made in the heat of competition. He said he has a great relationship with crew chief Bootie Barker, who tried to calm him down in Nashville.
“The team still has a great relationship,” Wallace said. “Not everybody’s going to be happy in a sport like this and a business like this. Just got to work to do your best. I’ll do better and be better.”
Wallace had his second runner-up finish in the Daytona 500 this year but has only one other top-10 result and is 24th in the points standings. The Nashville situation wasn’t the first time this season he’s been hindered by a loose wheel.
He was asked Saturday if he had any regrets about his Sunday comments.
“I don’t really have much regrets in life,” Wallace said. “I said what I said. If I say I’m sorry, is that going to make anything better? People are still (ticked). It is what it is. Move on. I’ve moved on.”
ROAD AMERICA’S FUTURE
NASCAR’s premier series came to Road America for the first time since 1956 last year as part of the schedule’s renewed emphasis on road courses. This marks the second straight summer that the Cup Series has been here for the Fourth of July weekend.
But there are no guarantees on whether this will be a long-term marriage. NASCAR hasn’t yet announced whether the Cup Series will return to Road America next year.
“We hope to be a part of it, but ultimately the ball’s in their court,” Road America president/general manager Mike Kertscher said.
Road America, which opened in 1955 and bills itself as “America’s national park of speed,” is located on 640 acres about halfway between Milwaukee and Green Bay. The course is surrounded by about 1,600 campsites and has a sprawling layout that allows fans to walk around and see the race from various vantage points.
Although most drivers didn’t offer an opinion on whether they believed Road America should become an annual Fourth of July stop for the Cup series, they spoke about how much they liked having this site included in the schedule.
“I don’t know how long NASCAR is planning on coming here on this weekend, but I feel like it’s been a really nice fit for us,” Elliott said. “The people around here have accepted us really with open arms and have brought a lot of energy.”
KING OF THE ROAD
Elliott won at Road America last year despite starting out 34th. He has the pole for his title defense as he attempts to build on his victory last weekend on Nashville’s concrete oval track.
Seven of Elliott’s 15 career victories have come on road courses. He won at Road America last year despite starting 34th.
A victory Sunday would enable Elliott to tie Tony Stewart for second place with eight career road course victories. Jeff Gordon had a record nine wins on road courses.
ODDS AND ENDS
Elliott enters Sunday with a 30-point lead over Ross Chastain in the standings. … The list of spectators at Road America this weekend includes former Formula One driver Daniil Kvyat, who hasn’t been able to race this year on the European circuit because of the ban on Russian drivers since Russia’s invasion of Ukraine. … This is the third road-course Cup Series race of the season. Chastain won at Circuit of the Americas and Daniel Suarez finished first at Sonoma. … Road America’s course is 4.048 miles long and features 14 turns. Sunday’s race includes 62 laps and has a distance of 250.98 miles.
___
More AP auto racing: https://apnews.com/hub/auto-racing and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/wallace-says-his-frustrations-result-from-his-passion-to-win/ | 2022-07-03T21:46:41Z |
Topeka Police search for vehicle of interest in shooting of 11-year-old girl
TOPEKA, Kan. (WIBW) - Topeka police are searching for a car believed to be involved in a shooting that left an 11-year-old girl with non-life-threatening injuries.
The Topeka Police Department asked residents on Saturday, April 16, to be on the lookout for a vehicle of interest in an aggravated battery incident that sent an 11-year-old girl to the hospital.
Just after 11 p.m. on Friday, April 15, officers said they responded to reports of a shooting in the 2400 block of SW Burnett.
Upon arrival, officers said they found an 11-year-old girl suffering from a non-life-threatening gunshot wound.
Throughout the course of the investigation, TPD said officers have identified a vehicle of interest in the incident and need the public’s help to find it.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/16/topeka-police-search-vehicle-interest-shooting-11-year-old-girl/ | 2022-04-16T20:01:12Z |
Ed Sheeran wins ‘Shape of You’ plagiarism case
By Benjamin Brown, CNN
British musician Ed Sheeran has won a high-profile copyright case over his 2017 hit song “Shape of You.”
In a London High Court verdict Wednesday, a judge ruled Sheeran did not copy grime artist Sami Switch’s song “Oh Why.”
Switch, whose legal name is Sami Chokri, claimed Sheeran plagiarized a key part of the 2015 song.
In his verdict, Justice Zacaroli wrote he was satisfied Sheeran did not deliberately or subconsciously copy elements of Switch’s “Oh Why.”
Sheeran was accused of copyright infringement before.
In 2016, he was sued over his single “Photograph,” which was settled out of court, and was accused more than once over his hit “Thinking Out Loud” starting the same year.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/06/ed-sheeran-wins-shape-of-you-plagiarism-case/ | 2022-04-06T15:02:34Z |
EUGENE, Ore. (AP) — The look of disbelief on British 1,500-meter champion Jake Wightman’s face as he crossed the finish line captured the evening best.
“Crazy,” he said.
Nothing quite went to script, yet everything seemed almost perfect on a wild Tuesday night at the world championships.
The in-stadium announcer for Wightman’s race was none other than his dad, Geoff. Handing Jake Wightman the gold medal after the race was none other than British middle-distance great Sebastian Coe, who also happens to be the World Athletics President and one of Wightman’s mentors.
“What else could I ask for?” Jake Wightman said.
Almost lost in all those good feelings was that Olympic champion Jakob Ingebrigtsen of Norway finished second in this one and his countryman, Karsten Warholm, seventh in the night’s last race, the 400-meter hurdles.
Wightman’s win arrived because he decided to take a chance and go all-out with about 200 meters to go.
“I thought, ‘I’m going to give this a go. If I end up finishing fourth, whatever. I gave it a go to try to win,’” Wightman said.
Other surprises included 100-meter champion Fred Kerley suffering a cramp in the semifinals of the 200 and not advancing.
And Warholm’s loss — chalked up to a bad hamstring that’s been bugging him this season — was a win for Alison Dos Santos of Brazil. Not that huge of a surprise, though it did open the door for American Trevor Bassitt to take surprise third, then withstand a tackle from the silver medalist, teammate Rai Benjamin.
“Just amazing,” Benjamin said. “So proud of him.”
Warholm, Benjamin and Dos Santos have formed the Big Three in the event. So any time they don’t end up on the podium it’s a shocker.
The 24-year-old Bassitt used the underdog card to his advantage. After the race, he replicated NBA standout Steph Curry’s iconic “night, night” gesture.
No one will sleep on him again.
“I knew for me there really wasn’t that much pressure from the outside,” Bassitt said. “I knew if I got a medal people would be shocked. I knew if I didn’t get a medal it would be like, ‘OK, he really wasn’t supposed to.’ I feel like I belong in that pedigree in that group of three. I feel like today proved it.”
Dos Santos powered down the homestretch to take the title and finish in a championship-record time of 46.29 seconds. That broke Kevin Young’s world-championship record of 47.18 seconds set in 1993 in Germany.
No wonder Dos Santos gave two bows to the crowd.
“The energy of the crowd was amazing,” Dos Santos said. “I felt their love, people hugging me. When you win, you start being everyone’s favorite.”
Warholm said the hamstring was fine, but his training not as much.
“I’ve only been focusing on getting ready, and today I went all or nothing, and unfortunately it was nothing,” said Warholm, the Olympic champion and world-record holder. “I’ve just got to live with that.”
Maybe the biggest shocker of the night was that Wightman’s dad was able to keep it together on the call in the stadium, even with his own son about to win.
“I have to keep it neutral,” he explained. “So there’s things you can do just to stop yourself from getting emotional.”
Wightman finished in a time of 3 minutes, 29.23 seconds. His win broke a string of five straight world 1,500 titles by the Kenyans. Spain’s Mohamed Katir flew down the homestretch to take home bronze.
“To take the win, I think it will take a long time to sink in,” Wightman said. “I just wanted to show I was in good shape and to build on it.”
Other winners included Australia’s Eleanor Patterson in the women’s high jump and Kristjan Čeh of Slovenia in the men’s discus.
Earlier in the night, Kerley slowed down midway through his 200-meter semifinal due to a cramp and finished sixth. His thoughts of two individual medals at the first worlds held on U.S. soil were dashed.
Kerley, once a 400-meter specialist who moved down in distance before last year’s Olympics, won the 100 in 9.86 seconds and was expected to lead the Americans in the 4×100 relay this weekend. He hasn’t been ruled out.
Kerley’s departure opens a less-challenging path for Noah Lyles, the defending world champion, 18-year-old Erriyon Knighton, and top-ranked Kenny Bednarek, all of whom advanced. The trio had the top three times, led by Lyles at 19.62 seconds.
The Jamaican women are poised for another sprint sweep after qualifying three for the final in the 200. Shelly-Ann Fraser-Pryce, Shericka Jackson and Elaine Thompson-Herah — the finishing order of the 100 — all advanced. Jackson had the fastest time at 21.67.
It was an easy night at the track for the medal favorites in the women’s 400 hurdles. Olympic champion and world-record holder Sydney McLaughlin, defending world champion Dalilah Muhammad and Olympic bronze medalist Femke Bol of the Netherlands easily won their first-round heats.
“This event has become one of the main focuses for the last couple of years,” Muhammad said. “It could be any one of our days. So we’ll just see how it goes.”
___
More AP sports: https://apnews.com/hub/sports and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/kerley-slows-down-with-cramp-out-of-200-meters-at-worlds/ | 2022-07-20T16:30:46Z |
One dead in Trenton chain reaction crash
Published: Jun. 1, 2022 at 10:46 AM CDT|Updated: 1 hour ago
TRENTON, Texas (KXII) - One person was killed in a crash involving seven vehicles on State Highway 121 in Trenton Monday night.
Police said just before 10 p.m. Eric McGarity, 37, was headed south near the Fannin/Collin county line when they believe he drifted into the northbound lane and struck another vehicle head on.
They say that collision caused a chain reaction with five other vehicles.
One other person was flown to a hospital and six others were transported by ambulance with non life-threatening injuries.
Police say the crash remains under investigation.
Copyright 2022 KXII. All rights reserved. | https://www.kxii.com/2022/06/01/one-dead-trenton-chain-reaction-crash/ | 2022-06-01T16:56:46Z |
Guangzhou closes to most arrivals as China’s outbreak grows
BEIJING (AP) — The manufacturing hub of Guangzhou has closed itself to most arrivals as China battles a COVID-19 outbreak in its big eastern cities. Shanghai has taken the brunt of the surge, with another 26,087 cases Monday, only 914 of which showed symptoms. The city of 26 million is under a tight lockdown, with many residents confined to their homes for up to three weeks. No such lockdown has yet been announced for Guangzhou, a metropolis of 18 million. But most schools have switched online and an exhibition center was being converted into a hospital. China has stuck to its “zero-COVID” strategy of handling outbreaks with strict isolation and mass testing, despite complaints in Shanghai over shortages of food and medical services. | https://localnews8.com/news/ap-national-business/2022/04/10/china-closes-guangzhou-to-most-arrivals-as-outbreak-spreads/ | 2022-04-11T06:46:40Z |
Isolated Rain showers with mixed with some thunderstorms for Sunday
TONIGHT: We are already seeing some rain and snow showers across the western Magic Valley and central ID that will continue to stay there for the nighttime hours. These showers will move over into the Snake River Plain and rest of the region beginning in the overnight hours. Winds will remain calm. Low temperatures are expected to drop down to the 30's and 40's.
TOMORROW: Rain showers will be isolated across the region for most of the day on Sunday. We could expect to see some thunderstorms mixed in with these showers in the afternoon. Snow showers will limited to mountain peaks. Winds will slightly breezy between 10-15 mph. High temperatures will be in the 50's.
LONG TERM: We will dry up for most of Monday before getting more rain and snow Monday overnight into Tuesday. We will have some leftover isolated showers for Wednesday before we dry up on Thursday. The break will be short again as another batch of rain and snow comes on Friday and Saturday. Winds will increase to be between 20-25 mph for the showers coming through on Tuesday. High temperatures will be increasing and decreasing a lot during the week. Coldest day looks to be Tuesday with high's in the 40's after Monday holds high's in the 50's and 60's. Warmest day is Thursday when high's reach the 60's and 70's. | https://localnews8.com/weather/local-forecast/2022/04/30/isolated-rain-showers-with-mixed-with-some-thunderstorms-for-sunday/ | 2022-04-30T22:52:49Z |
Alaska officials release new details on milk, sealant mix-up
JUNEAU, Alaska (AP) — School district officials in Alaska investigating how students at a summer program were served floor sealant instead of milk say the two products were not on the same pallet as first believed.
Tuesday’s incident at a summer program in Juneau remains under investigation.
The Juneau School District says it now understands that in the spring of 2021, a pallet of sealant was mistakenly delivered to a food commodity warehouse at the same time as four pallets of shelf stable milk.
The district says the pallet of floor sealant remained untouched in storage with other food products until this week, when the district’s food service contractor “ran short on milk and sent staff to retrieve shelf stable milk.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/06/17/alaska-officials-release-new-details-milk-sealant-mix-up/ | 2022-06-17T21:04:06Z |
Which igloo dog house is best?
True to its name, the igloo dog house takes the best structural elements of the igloo and models it for your favorite four-legged friend. Igloo dog houses are designed to stand outside and withstand severe weather. The dome-shaped roof helps to keep your pup warm in the winter and cool in the summer. The Petmate Indigo Igloo-Style Dog House is one of the most popular dog igloos, and with good reason.
What to know before you buy an igloo dog house
Shape
The domed shape of an igloo is great for dogs that are comforted by compact spaces. The shape also uses your dog’s body heat to warm the inside. The rounded top prevents snow, sticks and other debris from accumulating on the roof, adding unnecessary weight that could damage the house.
Materials
Most igloo dog houses are constructed from a hard structural foam that is durable and weatherproof, providing excellent insulation and keeping harsh winds out. A wooden dog house needs to be specially treated to be mold- and bacteria-resistant, but structural foam is already resistant to those factors.
If you are looking for something lightweight that’s more appropriate for indoor use, there are cotton, polyester or microfiber igloo dog beds with the classic igloo design for a machine-washable, cushioned retreat for your pup.
Size
You have to pick the best size igloo for your dog to maximize how warm it will be. The igloo draws on your dog’s own body heat to keep it warm, so the igloo shouldn’t be too big. There should be enough room for your dog to go in and curl up comfortably, but not be overly spacious. A dog igloo usually comes in small, medium, large or extra-large sizes and accommodates dogs 25 to 125 pounds.
Plush indoor igloo dog houses and beds are usually designed to accommodate small dogs only. An igloo bed works best for pets 3 to 15 pounds. It’s a great choice if you have a cat and a small dog who like to take each other’s beds.
What to look for in a quality igloo dog house
Reinforced base
The igloo’s base serves as its primary support center, so you want one that is durable. For an outdoor igloo, this means a raised base that keeps the igloo a few inches off the ground to prevent flooding. It also helps keep the house warm. When it comes to indoor igloo beds, the bottom should feature nonslip grips to prevent sliding and plenty of cushioning on the inside to keep your pet comfortable.
Interior bedding
A well-made igloo either comes with cushioning for additional comfort and insulation or room for a separate pet bed. Outdoor igloos don’t usually have a separate outdoor cushion, but you can purchase one separately. Indoor igloos typically come with built-in bedding or an accompanying cushion.
Offset entrance
An offset entrance isn’t necessary for an indoor igloo, but it’s an important feature for an outdoor one. That extra piece of siding near the entrance helps prevent wind and rain from entering the dog house, keeping your pup dry and warm in the winter. It also helps to keep the house shaded in the summer.
How much you can expect to spend on an igloo dog house
An igloo dog house for outdoor use costs $100-$200, while an igloo dog bed for indoor use costs $20-$30.
Igloo dog house FAQ
Can a dog live in the igloo year-round?
A. While most outdoor igloos are made for year-round weather conditions, a dog is not. You should not leave your dog outside in extreme weather or temperatures that could be hazardous to the animal’s safety.
Should an outdoor igloo be on a concrete block?
A. If you want to add extra insulation to your dog’s igloo, raise it onto a concrete block or bed. This prevents the cold from seeping into the igloo from the ground. If you don’t have room for concrete, consider additional bedding or straw on the inside for added insulation.
What’s the best igloo dog house to buy?
Top igloo dog house
Petmate Indigo Igloo-Style Dog House
What you need to know: This all-weather igloo is made from structural foam and comes in three sizes that accommodate dogs ranging from 25 to 125 pounds.
What you’ll love: It’s cozy and durable. The raised base and offset doorway keep out wind and rain. The shape naturally sheds snow, and the roof has vents for air circulation.
What you should consider: Some buyers added additional insulation because it was not as warm as they’d hoped.
Where to buy: Sold by Amazon, PetSmart and Wayfair
Top igloo dog house for the money
Bedsure Pet Cave with Removable Cushion
What you need to know: This foam and microfiber indoor igloo comes in five colors and two sizes for small pets between 3 and 15 pounds.
What you’ll love: It comes with a removable cushion for extra comfort, and you can switch its placement to convert the igloo into a regular dog bed. It has a leather strap for easy moving and anti-slip grips on the bottom. The cushion is machine-washable.
What you should consider: The foam frame cannot go in the washing machine or dryer.
Where to buy: Sold by Amazon
Worth checking out
What you need to know: This all-weather igloo is made from structural foam. It stands 26 inches in height and has a weight capacity of 90 pounds.
What you’ll love: The floor is raised to prevent flooding, and the door is offset to protect against rain and wind. The shape sheds snow easily. It’s leakproof, and there is ventilation in the back for airflow.
What you should consider: It’s not as durable as it could be, and it only comes in one size.
Where to buy: Sold by Amazon and Home Depot
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Copyright 2022 BestReviews, a Nexstar company. All rights reserved. | https://cw33.com/reviews/best-igloo-dog-house/ | 2022-07-23T21:21:41Z |
ALEXANDRIA, Va., July 28, 2022 /PRNewswire/ -- Nearly one hundred individual runners and walkers are expected to join together at Mt. Vernon Trail in Alexandria, VA. commemorating Purple Heart Day, Sunday August 7th, 2022 to raise funds for and promote awareness of the struggles combat wounded veterans suffering from PTSD face when they return home. The charity race will be hosted by The Purple Heart Foundation. This event will include a clothing donation drop off location with our Greendrop partner,as well as a brief awards reception, and more! The proceeds of this event will fund Purple Heart Foundation's core Veteran support programs:Critical Assistance Grants, Academic scholarships, Service dog program, and Post-Traumatic Stress Disorder (PTSD) resources.
"We are excited to announce this annual event. We welcome both runners and walkers to support our honorable cause of enhancing the lives of our veterans and their families. Our intention is to both raise funds for Veterans wounded in combat as well as raise awareness of the serious issues they face when they return home." Says CEO, Steve Ruckman. This event dovetails financial support with exercise, a combination that helps our veterans with their physical and mental health. The act of exercising can improve one's cardiovascular health and can also improve mental health by reducing PTSD and depression symptoms. Purple Heart Foundation is committed to hosting events like their annual 5k and charity golf tournament as a way to encourage a healthy lifestyle through the comradery of other veterans and supporters.
Registration for the Purple Heart 5K will be $40 through Race Day. Online registration will close on Saturday, August 6 at 8:00 pm. This event is free to veterans.
The Military Order of the Purple Heart Service Foundation is a 501(c)3 non-profit organization that raises funds to support our nation's veterans and their families. Active for over 60 years, it has funded programs, services, research efforts and more. Our mission is to enhance the quality of life of Purple Heart recipients and other honorably discharged veterans and their families.
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SOURCE Purple Heart Foundation | https://www.kxii.com/prnewswire/2022/07/28/purple-heart-foundation-will-host-its-inaugural-5k-charity-event-purple-heart-day/ | 2022-07-28T16:05:21Z |
BEIJING (AP) — A sudden rainstorm in western China triggered a landslide that diverted a river and caused flash flooding in populated areas, killing at least 16 people and leaving 18 others missing, Chinese state media said Thursday.
Rescuers, who earlier reported 36 people missing, had found 18 of them by early afternoon, state broadcaster CCTV said in an online update. The Wednesday night disaster affected more than 6,000 people in six villages in Qinghai province, CCTV said.
China is facing both heavy rains and flooding in some parts of the country this summer and extreme heat and drought in other regions. State media have described the prolonged heat and drought as the worst since record keeping started 60 years ago.
Emergency authorities described the flash flooding in Qinghai’s Datong county as a “mountain torrent.” Such torrents generally result from heavy squalls in mountainous areas. Water running down the mountain can turn gullies or streams into raging rivers, catching people by surprise.
Video posted by the Beijing News website showed muddy water rushing down a wide street at night and debris-strewn areas with uprooted trees, partially washed-away roads and overturned cars after the waters had receded.
Seven people died last weekend from a mountain torrent in southwestern China’s Sichuan province.
Elsewhere in Sichuan and other provinces, crops are wilting and factories have been shut down as a drought cut hydropower supplies and high temperatures raised demand for electricity to run air conditioners.
Tesla Ltd. and SAIC, one of China’s biggest state-owned automakers, suspended production at factories in Shanghai due to a lack of components from 16 suppliers in Sichuan that shut down, the Shanghai Economic and Information Industry Committee said in a letter released Thursday.
The Shanghai committee appealed to its counterpart in Sichuan to make sure auto components factories have adequate power during daytime working hours to avoid supply disruptions.
Authorities in three provinces shot rockets into the sky in recent days to “seed” clouds with agents to try to induce them to produce more rain, according to Chinese media and government reports. | https://cw33.com/news/international/ap-international/16-dead-18-missing-in-flash-flood-in-western-china/ | 2022-08-18T15:00:32Z |
Vandalism at Atchison school, church under investigation
Published: May. 2, 2022 at 5:54 AM CDT|Updated: 46 minutes ago
ATCHISON, Kan. (WIBW) - Two vandalism cases this past week in Atchison -- one at a school, the other at a church -- are under investigation.
KAIR Radio reports the criminal-damage incidents occurred Wednesday on the grounds of Trinity Lutheran School, 611 N. 8th St., and at St, Benedict’s Abbey, 1020 N. 2nd St., both in Atchison.
According to a news release from Atchison Police Chief Mike Wilson, the criminal damage incidents involved spray-painted graffiti.
KAIR says no suspects have been named in the cases.
It wasn’t immediately known if the vandalism incidents were related.
Anyone with information may call Atchison police at 913-367-4323.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/05/02/vandalism-atchison-school-church-under-investigation/ | 2022-05-02T11:42:38Z |
Rick Stanton is the real-life hero who inspired Ron Howard’s new film “Thirteen Lives,” which chronicles the dramatic 2018 Tham Luang cave rescue in Thailand. Stanton talked about the quest to save the soccer team that was trapped and how brutal the rescue mission was. He also talked about the response he received after the mission succeeded. He shared that people were so emotionally invested in the mission and he received so many thanks from people that said they were following the story the whole time.
Stanton also shared what it was like to find out the story was being turned into a movie. He shared his reaction to finding out he would be played by Viggo Mortensen. He also talked about being a technical advisor on the movie set and said the scale of everything was beyond imagination.
“Thirteen Lives” is in select theaters now and will launch globally on Aug. 5 on Prime Video.
This segment aired on the KTLA 5 Morning News on Aug. 1, 2022. | https://cw33.com/entertainment-news/diver-rick-stanton-says-he-never-imagined-there-would-be-a-movie-made-about-his-life/ | 2022-08-01T23:03:39Z |
TEANECK, N.J., July 5, 2022 /PRNewswire/ -- Cognizant (Nasdaq: CTSH), a leading provider of information technology, consulting, and business process services, will announce results for the second quarter of 2022 on Wednesday, July 27, 2022, after market close.
Following the release, Cognizant management will conduct a conference call at 5:00 p.m. (Eastern) to discuss operating performance for the quarter. To participate in the conference call, domestic callers can dial 877-810-9510 and international callers can dial 201-493-6778 and provide the following conference passcode: Cognizant Call.
The conference call will also be available live on the Investor Relations section of the Cognizant website at http://investors.cognizant.com. Please go to the website at least 15 minutes prior to the call to register and to download and install any necessary audio software.
For those who cannot access the live broadcast, a replay will be available by dialing (877) 660-6853 for domestic callers or (201) 612-7415 for international callers and entering 13730594 from two hours after the end of the call until Wednesday, August 10, 2022. The replay will also be available at Cognizant's website http://investors.cognizant.com for 60 days following the call.
About Cognizant
Cognizant (Nasdaq: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we're improving everyday life. See how at www.cognizant.com or @cognizant.
Investor Contact:
Tyler Scott, Vice President, Investor Relations, (551) 220-8246, tyler.scott@cognizant.com
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SOURCE Cognizant | https://www.mysuncoast.com/prnewswire/2022/07/05/cognizant-schedules-second-quarter-2022-earnings-release-conference-call/ | 2022-07-05T13:31:54Z |
DALLAS (KDAF) — America is exactly two weeks away from Tax Day, April 18, and if you feel bad for procrastinating, don’t worry because you aren’t the only one.
A new study from IPX 1031 has done their research and released a study on the nation’s biggest procrastinators for Tax Day 2022.
Officials say they analyzed data from last year’s tax season to measure Google searches for phrases like “what happens if I file my taxes late?”, “when is it too late to file taxes?” and “can I file late taxes?”
Here are their results.
For the full report, visit ipx1031.com. | https://cw33.com/news/local/here-are-the-states-procrastinating-on-their-taxes-this-year/ | 2022-04-04T18:09:30Z |
The headlines on the newsstands in Seoul blared fresh warnings of a possible nuclear test by North Korea.
Out on the sidewalks, 28-year-old office worker Lee Jae Sang already had an opinion about how to respond to North Korea’s fast-growing capacity to lob nuclear bombs across borders and oceans.
“Our country should also develop a nuclear program. And prepare for a possible nuclear war,” said Lee, voicing a desire that a February poll showed was shared by 3 out of 4 South Koreans.
It’s a point that people and politicians of non-nuclear powers globally are raising more often, at what has become a destabilizing moment in more than a half-century of global nuclear nonproliferation efforts, one aggravated by the daily example of nuclear Russia tearing apart non-nuclear Ukraine.
That reconsideration by non-nuclear states is playing out in Asia. The region is home to an ever-more assertive North Korea, China, Russia and Iran — three nuclear powers and one near-nuclear power — but is unprotected by the kind of nuclear umbrella and broad defense alliance that for decades has shielded NATO countries.
Vulnerable countries will look to the lessons from Ukraine — especially whether Russia succeeds in swallowing big pieces of Ukraine while brandishing its nuclear arsenal to hold other nations at bay — as they consider keeping or pursuing nuclear weapons, security experts say.
As important, they say, is how well the U.S. and its allies are persuading other partners in Europe, the Persian Gulf and Asia to trust in the shield of U.S.-led nuclear and conventional arsenals and not pursue their own nuclear bombs.
For leaders worried about unfriendly, nuclear-armed neighbors, “they will say to their domestic audiences, ‘Please support our nuclear armament because look what happened to Ukraine,’ right?” said Mariana Budjeryn, a researcher with the Project on Managing the Atom at Harvard’s Kennedy School of Government.
As a schoolgirl in 1980s Soviet-era Ukraine, Budjeryn drilled on how to dress radiation burns and other potential injuries of nuclear war, at a time that country housed some 5,000 of the Soviet Union’s nuclear weapons. Her country renounced nuclear weapons development after the Soviet Union shattered, opting for economic assistance and integration with the West and security assurances.
“Ultimately, I think a lot is riding on the outcome of this war in terms of how we understand the value of nuclear weapons,” Budjeryn said.
Around the world, the U.S. military is reassuring strategic partners who are facing nuclear-backed rivals.
Near the North Korea border this month, white-hot ballistic missiles arched through the night sky as the U.S. joined South Korea in their first joint ballistic test launches in five years. It was a pointed response to North Korea’s launch of at least 18 ballistic missiles this year.
In Europe and in the Persian Gulf, President Joe Biden and U.S. generals, diplomats and troops are shuttling to countries neighboring Russia and to oil-producing countries neighboring Iran. Biden and his top lieutenants pledge the U.S. is committed to blocking nuclear threats from Iran, North Korea and others. In China, President Xi Jinping is matching an aggressive foreign policy with one of his country’s biggest pushes on nuclear arms.
Some top former Asian officials have cited Ukraine in saying it’s time for more non-nuclear countries to think about getting nuclear weapons, or hosting U.S. ones.
“I don’t think either Japan or South Korea are eager to become nuclear weapon states. It will be immensely politically painful and internally divisive. But what are the alternatives?” ex-Singapore Foreign Minister Bilahari Kausikan told the audience at a March defense forum.
For those hoping North Korea would give up its nuclear weapons, the example provided by Russia’s invasion of Ukraine is “another nail in that coffin,” Terence Roehrig, a professor of national security at the U.S. Naval War College, said at another defense forum in April.
“Ukraine is going to be another example to North Korea of states like Iraq and like Libya, that gave up their nuclear capability — and look at what happened to them,” Roehrig said.
Ukraine never had detonation-ready nuclear bombs — at least, none it could fire on its own.
The Soviet Union’s collapse left Ukraine with the world’s third-largest nuclear arsenal. But Ukraine didn’t have operational control. That left it with a weak hand in the 1990s when it negotiated with the U.S., Russia and others on its place in the post-Soviet world, and the fate of the Soviet arsenal. Ukraine got assurances but no guarantees regarding its security, Budjeryn said.
“A piece of paper,” is how Ukrainian President Volodymyr Zelenskyy referred to one such assurance, signed in 1994.
The U.S. itself has given nuclear and nuclear-curious countries plenty of reasons to worry about forgoing the world’s deadliest weapons.
The West compelled Libyan leader Moammar Gadhafi to give up his country’s rudimentary nuclear weapons program in 2003. A couple of years later, Gadhafi’s son Saif al-Islam shared with researcher Malfrid Braut-Hegghammer his father’s biggest worry about that — that Western nations would support an uprising against him.
“And lo and behold, a few years later, get to 2011, you saw what happened,” said Braut-Hegghammer, now a University of Oslo nuclear and security strategy professor.
What happened was NATO, at U.S. urging, intervened in a 2011 internal uprising against Gadhafi. A NATO warplane bombed his convoy. Rebels captured the Libyan leader, tortured him and killed him.
In Iraq, the U.S. played a central role in forcing Saddam Hussein to give up his nuclear development program. Then the U.S. overthrew Saddam in 2003 on a spurious claim he was reassembling a nuclear weapons effort. Three years later, with Iraq still under U.S. occupation, Saddam plunged through a gallows.
The Middle East leaders’ fall and brutal deaths have clouded denuclearization efforts with North Korea. Rare U.S.-North Korea talks in 2018 collapsed after the Trump administration repeatedly raised the “Libya model” and Vice President Mike Pence threatened Kim Jong-un with Gadhafi’s fate. “Ignorant and stupid,″ North Korea’s government responded.
Russia’s invasion of Ukraine now “only highlights to some countries, at least, that if you have a nuclear weapons program, and you’re sort of far along with that, giving it up is a terrible idea,” Braut-Hegghammer said.
The world’s nine nuclear powers — the United States, Russia, France, China, the United Kingdom, Pakistan, India, Israel and North Korea — hold some 13,000 nuclear weapons. Israel does not acknowledge its nuclear program.
The biggest nuclear powers historically have sought to control which countries can licitly join the club. Countries that proceed regardless, including Iran and North Korea, are isolated and sanctioned.
Nuclear experts mention South Korea and Saudi Arabia as among the countries mostly likely to consider nuclear weapons. Saudi Crown Prince Mohammed bin Salman in 2018 pledged to immediately acquire nuclear bombs if Iran did.
It’s surprising that more countries haven’t acquired a bomb, Jessica Cox, head of NATO’s nuclear directorate, said at the April forum.
“If you look at it from a historical perspective, it is not at all clear in the 1950s and 1960s that there would be less than 10 nations armed with nuclear weapons in the world … 70 years later.”
What made the difference in Europe was NATO’s nuclear deterrence — 30 nations sharing responsibility and decision-making for a nuclear arsenal that deters attacks on them all, Cox said.
Many feel Ukraine made the right decision when it avoided possible isolation by waiving a nuclear-armed future. That gave Ukraine three decades to integrate with the world’s economy and build alliances with powerful nations now aiding its defense against Russia.
As a young woman in Ukraine, Budjeryn realized at one point after the 1990s accords that her own job, then in business-development, was funded by the Clinton administration, as part of the West’s rewards to Ukraine for the nuclear deal.
“If Ukraine prevails,” she said, ” then it will communicate that nuclear weapons are useless.”
“But if Ukraine falls, the story will look very different,” she said.
___
Chang reported from Seoul. | https://cw33.com/news/politics/ap-politics/no-nukes-ukraine-russian-war-will-shape-worlds-arsenals/ | 2022-06-22T02:56:05Z |
Advanced FTTP Network to Reach Over 120,000 Potential Customers in Texas by End of 2023
CHARLOTTE, N.C., June 15, 2022 /PRNewswire/ -- Brightspeed today announced details for its planned fiber optics network build in the state of Texas. By the end of 2023, the company will deliver over 120,000 new fiber passings in the first phase of deployment in the state. Brightspeed plans to add 160,000 more passings in its Texas operating territory – for a total of up to 280,000 – in subsequent years of the network build.
Brightspeed will initially be comprised of the incumbent local exchange carrier (ILEC) assets and associated operations of Lumen Technologies (NYSE: LUMN), which are the subject of a pending acquisition by Apollo-managed funds (NYSE: APO). The parties expect to obtain regulatory approvals in the third quarter, and to close the transaction in early fourth quarter of this year.
The Texas build is part of Brightspeed's comprehensive plan to invest at least $2 billion in its multi-state fiber optics transformation, which is expected to reach up to 3 million homes and businesses over the next five years, including in many locations where fiber and advanced technology have not historically been deployed.
"We believe all customers should have access to the highest-quality, most user-friendly internet service possible. Brightspeed's mission is to expand and accelerate the availability of internet connectivity that will enable our communities to thrive," said Chris Creager, Chief Administration Officer of Brightspeed. "We have an incredible team in place that knows how to execute this critical copper-to-fiber technology transformation. We are thrilled for the opportunity to bring our Brightspeed services to the customers in our Texas footprint."
Brightspeed's 2022-2023 build plan will bring faster, more reliable internet and Wi-Fi services to over 120,000 residential and business locations in portions of the Atascocita, Killeen, Kings Crossing, and Port Aransas communities. These new fiber-enabled addresses are incremental to 26,000 existing fiber passings that Brightspeed will assume upon the close of the transaction between the Apollo funds and Lumen.
"I am excited to welcome Brightspeed's investment in Texas," said Texas Comptroller Glenn Hegar. "My agency was tasked with creating Texas' first-ever broadband development office with a goal to expand high-speed internet access to areas most in need. Brightspeed's commitment to developing connectivity solutions and expanding fiber based-internet access in Texas is an encouraging development towards reaching that goal."
After the close of the transaction between the Apollo funds and Lumen, Brightspeed will begin to sign customers onto its network. Brightspeed will be pioneering technology innovations designed to help the company accelerate network deployment and market availability of XGSPON-based internet services with symmetrical speeds that exceed 1Gbps.
Brightspeed plans to announce its other state-specific build information over the coming weeks.
For more information about Brightspeed, visit the company's website, www.brightspeed.com.
About Brightspeed
Headquartered in Charlotte, N.C. and expected to have assets and associated operations in 20 states, Brightspeed will provide broadband and telecommunications services through a network platform capable of serving more than 6 million homes and businesses. The company aims to bridge the digital divide by deploying a state-of-the-art fiber network and a customer experience that makes staying connected simple and seamless. For more information about Brightspeed, visit the company's website, www.brightspeed.com.
Media
Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
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SOURCE Brightspeed | https://www.mysuncoast.com/prnewswire/2022/06/15/brightspeed-announces-initial-fiber-build-markets-texas/ | 2022-06-15T15:25:01Z |
Man had ‘no idea’ after TSA stops him from boarding plane with sword hidden in cane
Published: Apr. 7, 2022 at 6:14 PM EDT|Updated: 3 hours ago
(Gray News) – TSA agents in Boston stopped a man from boarding a plane with a sword on his person.
The man was attempting to board a plane at Logan Airport on Tuesday, according to a post on Twitter from TSA_NewEngland.
How did he make it that far into the airport? It was hidden in his cane.
When Massachusetts state police questioned him on it, they say the man said he had “no idea” the blade was in there.
He was cleared to continue onto the flight after his cane was claimed by the TSA.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/04/07/man-had-no-idea-after-tsa-stops-him-boarding-plane-with-sword-hidden-cane/ | 2022-04-08T01:26:23Z |
Best-in-class brand continues to provide innovation, exceptional performance
and timeless design
LONG ISLAND, N.Y., June 6, 2022 /PRNewswire/ -- The iconic American travelware brand Briggs & Riley is proud to announce a new era in its brand evolution: "Briggs & Riley Art of Travel." This new global campaign features fresh photography, branding, and dynamic video depicting the spirit of discovery and encouraging travelers to experience the joys of global travel once again with confidence and ease. The Art of Travel series kicks off in conversation with Marisa Tomei, on the heels of the highly anticipated launch of Briggs & Riley's new Baseline collection, a reimagined version of the brand's flagship line.
"At Briggs & Riley we are deeply committed to the art of travel in every piece we make and believe a life well-lived is a life well-traveled," said Briggs & Riley CEO Richard Krulik. "We are thrilled to share this dynamic campaign, showcasing authentic and inspiring conversations about travel and life with one of our favorite Academy Award winning actors, Marisa Tomei."
Briggs & Riley Art of Travel debuts with an exciting digital campaign featuring unscripted discussions with Marisa Tomei, inspired by the iconic travelware and the memories made along the journey. Travelers are invited to discover her most cherished destinations, travel inspiration, memorable keepsakes, and personal travel style. This is the first in a series of intimate, spirited conversations and insights from personalities who cherish travel.
Dedicated to extraordinary performance and enduring quality, Briggs & Riley has always led the way – from the first wheeled bag to the world's best lifetime guarantee, which repairs products free of charge with no proof of purchase needed and no questions asked. The Briggs & Riley Art of Travel encapsulates this standard of travelware, crafted with care and made to last for life, following the precedent set by generations of bar-raising innovations.
Briggs & Riley is available at more than 500 fine specialty retailers, select e-tailers, select high-end department stores, and online at www.briggs-riley.com.
About Briggs & Riley
Born of a legacy spanning a century, two continents and three generations, Briggs & Riley is the iconic American travelware brand that is dedicated to enabling a life well-lived enriched by travel, full of discovery and meaningful experiences. Owned by US Luggage, LLC, Briggs & Riley is committed to delivering extraordinary performance and enduring quality. Inspired to lead the way, from introducing the world's first wheeled travelcase to the best lifetime guarantee in the world, Briggs & Riley's travelware is thoughtfully designed with smart solutions and meaningful consistency, made to last for life. For more information, please visit www.briggs-riley.com
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SOURCE Briggs & Riley | https://www.wibw.com/prnewswire/2022/06/06/briggs-amp-riley-art-travel-series-debuts-with-marisa-tomei/ | 2022-06-06T15:10:30Z |
Government revision shows economy shrank 0.6% last quarter
WASHINGTON (AP) — The U.S. economy shrank at a 0.6% annual rate from April through June, the government said Thursday in a slight upgrade from its initial estimate. It marked a second straight quarter of economic contraction, which meets one informal sign of a recession.
Most economists, though, have said they doubt the economy is in or on the verge of a recession, given that America’s job market remains robust, with strong hiring, low unemployment and widespread openings. Still, inflation is near a four-decade high and is punishing consumers and businesses. And the Federal Reserve’s aggressive efforts to tame inflation through steep interest rate hikes are raising the risk of an eventual recession.
In its revised estimate Thursday, the Commerce Department calculated that the nation’s gross domestic product — the broadest measure of economic output — contracted last quarter, though less than the 1.6% annual decline in the January-March period. In its previous estimate for the April-June quarter, the government had estimated that the economy had shrunk at a 0.9% rate.
Consumer spending, which accounts for nearly 70% of U.S. economic activity, grew last quarter, but at a slower 1.5% annual pace, down from 1.8% from January through March.
By contrast, government spending and business investment declined. And inventories tumbled as businesses slowed their restocking of shelves, shaving 1.8 percentage points from GDP.
Rising interest rates hammered the housing market. Home construction plunged 16.2%.
In its drive to curb inflation, the Fed has raised its benchmark interest rate four times this year by increasingly large increments. By raising borrowing rates, the central bank is making it costlier to take out a mortgage or an auto or business loan. The idea is that consumers and businesses will borrow and spend less, thereby helping cool the economy and slow inflation.
In the meantime, signs of economic weakness are growing. The rise in borrowing costs has weakened the housing market, in particular. Sales of both new and existing homes are down sharply, and the pace of home construction in July sank to its lowest point since early last year. Similarly, retail sales were flat last month, with inflation and higher loan rates forcing many households to spend more cautiously.
Under Chair Jerome Powell, the Fed is aiming for a “soft landing,” whereby the economy slows enough to reduce hiring and wage growth without causing a recession and lowers inflation back to the Fed’s 2% annual target. But by tightening credit even while the economy has slowed, the Fed is heightening the risk that its rate hikes will trigger a downturn. The surge in inflation and fear of a recession have eroded consumer confidence and fanned public anxiety about the economy.
In recent weeks, inflation pressures have begun to slow modestly, driven by a steady drop in gas prices from their lofty highs, along with lower measures of overall inflation. In July, consumer prices were 8.5% more than they were a year earlier, down from a 9.1% year-over-year jump in June. And on a monthly basis, prices were unchanged from June to July.
Still, the costs of many necessities, notably food and rent, have shown little sign of moderating and continue to squeeze millions of households.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/08/25/government-revision-shows-economy-shrank-06-last-quarter/ | 2022-08-25T12:54:58Z |
More than half of men go to the doctor only when they feel sick or have an accident
COLUMBUS, Ga., June 21, 2022 /PRNewswire/ -- Men aren't paying enough attention to their personal health care and they're particularly tight lipped when it comes to mental health, according to the newly released Aflac Men's Health Survey. The study of 1,000 U.S. men reveals fewer than half, 47%, had an annual checkup or wellness visit either virtually or in person in the past 12 months. Additionally, just 37% had a routine dental exam and only 29% had a routine eye exam in the past year. At the same time, 1 in 4 men admitted they've never talked to anybody about their mental health and well-being despite 72% of respondents stating they experienced some type of mental or behavior health concern in the past 12 months alone.
"The last two years have been incredibly challenging, and many people delayed doctor's visits and procedures due to the pandemic. Unfortunately, even now as pandemic conditions have eased, this study shows that many men are still avoiding health care and need a wake-up call about their health priorities," said Aflac Senior Vice President of Distribution Expansion and Consumer Markets Jeramy Tipton. "Many men press snooze on important opportunities to proactively screen for and avert illnesses, which could help prevent more serious and costly health issues in the future."
According to respondents, the majority of men are experiencing mental or behavioral health concerns, yet many sidestep conversations about these important health issues. Anxiety, trouble sleeping and depression were most commonly reported in the study, and 49% of men said these concerns affect their productivity at home or work. Additional key findings:
Generation gap
A full 79% of Gen Z and millennial men reported having a mental or behavioral health concern within the past year, compared to 57% and 68% among Gen X and baby boomers. Gen Z and millennials were also more likely to report that mental health affected their productivity at home and work.
Concern about costs
Men from the study who said they worry about finances were more likely to experience a behavioral or mental health concern, 78% compared to 56% who were not that worried or not worried at all about finances. Additionally, roughly two out of five men, 38%, postponed or avoided going to a doctor or filling a prescription because of the medical costs — even higher among millennials, 49%. Still more, 26%, feel they don't have enough insurance to cover all of their medical needs.
"Even with health insurance, there are out-of-pocket costs that many people aren't able to pay," explained Tipton. "Aflac is meeting today's rapidly changing benefit needs with flexible coverage that helps take care of expenses health insurance doesn't cover. Insured individuals can use their benefits to help with medical co-pays, deductibles and prescriptions or everyday living expenses like rent, utilities or child care. We make wellness benefits, telemedicine and more available as value-added services to encourage individuals to take advantage of annual checkups."
Procrastination sounds better than discussing final expenses like funeral costs
Final expense planning was also a touchy issue for many men, according to the study. Most of the men surveyed, between 59% and 68%, admitted they'd rather clean out their garage, mow the grass, finish a honey-do list or take out the trash than talk about final expenses with their loved ones. One-third also admitted they don't know how they'll pay for final expenses, such as funeral costs, should anything happen to themselves or an immediate family member. Similar to mental health concerns, one-fifth of men reported never discussing final expenses with anybody.
Access to health care
Access to quality health care is also a concern. Millennials were more likely to state they believe this is often determined by one's race, 38% compared to roughly 28% among other age groups. Millennials also believe that access to quality health care is often determined by one's gender, 32% compared to 8% and 23% among baby boomers and Gen X respectively.
Men want help, but require more motivation
Men expressed strong interest in tools or additional benefits coverage to support their mental health and wellness: 62% would be interested in using some form of help or coverage to support their mental health and wellness that they do not currently use or have available, including access to a doctor, psychologist or counselor online, mental health care insurance and screenings, and apps to track mood and set health reminders. Men also called out the women in their life, wife or girlfriend, and mother as the most notable influences motivating them to see a doctor besides themselves.
"While it may be something they'd rather delay, having these very important mental health and financial planning conversations could make a world of difference for improved well-being, productivity and financial security for men and their families. Taking a look at your benefits and supplemental insurance that includes mental health care and financial planning resources is a really good first step," Tipton said.
About the study
The Men's Health Study was conducted online in May 2022 by Kantar Profiles on behalf of Aflac and included a nationally representative sample of 1,001 men ages 18-65. Definitions of the age generations used in the survey: Gen Z — 18 to 24 years; millennials — 25 to 40 years; Gen X — 41 to 56 years; baby boomers — 57 to 65 years.
For more information about this survey please visit: aflac.com/menshealth.
ABOUT AFLAC INCORPORATED
Aflac Incorporated (NYSE: AFL) is a Fortune 500 company helping provide protection to more than 50 million people through its subsidiaries in Japan and the U.S., paying cash fast when policyholders get sick or injured. For more than six decades, insurance policies of Aflac Incorporated's subsidiaries have given policyholders the opportunity to focus on recovery, not financial stress. In the U.S., Aflac is the number one provider supplemental health insurance products1. Aflac Life Insurance Japan is the leading provider of medical and cancer insurance in Japan, where it insures 1 in 4 households. In 2021, Aflac Incorporated was proud to be included as one of the World's Most Ethical Companies by Ethisphere for the 16th consecutive year. Also in 2021, the company was included in the Dow Jones Sustainability North America Index and became a signatory of the Principles for Responsible Investment (PRI). In 2022, Aflac Incorporated was included on Fortune's list of World's Most Admired Companies for the 21st time and Bloomberg's Gender-Equality Index for the third consecutive year. To find out how to get help with expenses health insurance doesn't cover, get to know us at aflac.com or aflac.com/español. Investors may learn more about Aflac Incorporated and its commitment to ESG and social responsibility at investors.aflac.com under "Sustainability."
1 LIMRA 2021 US Supplemental Health Insurance Total Market Report
Media contact: Jon Sullivan, 706-763-4813 or jsullivan@aflac.com
Analyst and investor contact: David A. Young, 706-596-3264, 800-235-2667 or dyoung@aflac.com
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SOURCE Aflac Incorporated | https://www.wibw.com/prnewswire/2022/06/21/men-press-snooze-their-health-care-new-survey-finds/ | 2022-06-21T12:08:57Z |
Members of the GBI Southwestern Regional Drug Enforcement Office, Tift County Sheriff’s Office, Georgia State Patrol, and the Bureau of Alcohol, Tobacco, Firearms and Explosives arrested Jose Luis Pena-Ferraras, 35, and Ismil Rodriguez-Aybar, 43, both of Lawrenceville, after the seizure of five kilograms of methamphetamine, one kilogram of heroin, and a handgun.
TIFTON – Members of the GBI Southwestern Regional Drug Enforcement Office, Tift County Sheriff’s Office, Georgia State Patrol, and the Bureau of Alcohol, Tobacco, Firearms and Explosives arrested Jose Luis Pena-Ferraras, 35, and Ismil Rodriguez-Aybar, 43, both of Lawrenceville, recently after the seizure of five kilograms of methamphetamine, one kilogram of heroin, and a handgun.
Ferraras and Aybar were arrested in the parking lot of a Tifton hotel and charged with trafficking methamphetamine and heroin. Ferraras also was charged with possession of a firearm during the commission of a felony. A search of their vehicle led to the seizures.
Based on a lengthy investigation, Ferraras and Aybar were identified as suppling methamphetamine and heroin to multiple communities in south Georgia, including Tifton and Albany.
The GBI Southwestern Regional Drug Enforcement Office is in Albany and services 42 counties in southwest Georgia. The office is a collaborative effort between the GBI, the Albany Police Department, the Dougherty County Sheriff’s Office, the Dougherty County Police Department, the Dougherty County District Attorney’s Office, and the Colquitt County Sheriff’s Office, and is partially funded with Byrne/JAG grant funds.
Tips can be submitted to the GBI by calling 1-800-597-TIPS (8477), online at https://gbi.georgia.gov/submit-tips-online, or by downloading the See Something, Send Something mobile app.
In 1979, the average annual total cost of attending college—including tuition, fees, room, and board—for full-time undergraduates was $9,307 (in constant 2019-2020 dollars). By 2019, this rate had nearly tripled, to more than $25,000. Currently, the average amount of debt a college graduate … Click for more.
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The content distribution engine for the Metaverse and the internet experiences of the future is now available on Ethereum and Polygon Mainnets.
BOSTON, Aug. 16, 2022 /PRNewswire/ -- Today, Formless, Inc. announced that the Share protocol for audio and video content distribution is now available on the mainnets of both the Ethereum and Polygon blockchains. The protocol changes how digital content, such as music, is valued and distributed––giving content creators control, and shifting how they get compensated for their art.
Founder Brandon Tory commented, "The way digital content is distributed puts control in the hands of only a few companies. This has led to business models that largely benefit those companies and marginalize creators. For example, payout rates from music streaming are so low that 99% of artists cannot make a living from their music. We have an opportunity to change that by leveraging blockchain and Web3 tools to benefit artists directly."
The Share protocol enables creators to distribute their music, podcasts, videos, and other content peer-to-peer using smart contracts. The creator controls the access terms, including the price and the duration of time that the content is available. Consumers can then view or listen to the content by paying for access, and the creator receives royalty payments instantly.
"At Formless, we believe that while ownership is important, providing opportunities for creators to have control is just as essential for unlocking the potential of the creator economy. We created Share to give creators control of how they distribute their audio and video content in a massively scalable way on blockchain. This gives them a new way directly reach consumers and make more money than going through a distribution intermediary," commented Tory.
Today, content creators can register to pilot the Alpha version of Share to distribute their content, and developers or organizations interested in using the protocol for their Web3 or streaming applications are invited to review the protocol documentation.
Formless is a Boston, Massachusetts headquartered music technology company with the mission of creating virtual and physical experiences that enable people to live more fulfilling lives. Formless was founded in 2018 by Brandon Tory, a signed artist, former Staff Engineer at Google AI, and former Senior Engineer at Apple. Tory's story of pursuing his dreams as a musician and engineer in parallel is featured in national media that include: Forbes, CNN Great Big Story, CNBC, and Yahoo Finance.
For inquiries contact jason@formless.xyz.
CONTACT:
Jason Martin
FORMLESS, INC.
jason@formless.xyz
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SOURCE FORMLESS, Inc. | https://www.wibw.com/prnewswire/2022/08/16/formless-announces-launch-decentralized-music-video-streaming-protocol-share/ | 2022-08-16T22:24:24Z |
Acquisition of Mallard Advisors, LLC Expands Mercer Advisors' Northeast Presence
DENVER, Aug. 2, 2022 /PRNewswire/ -- Mercer Global Advisors, Inc. ("Mercer Advisors"), a national Registered Investment Adviser (RIA), today announced the acquisition of Mallard Advisors, LLC. ("Mallard"). Mallard, a respected wealth management firm located in Hockessin, Delaware, serves 109 clients with assets under management (AUM) of approximately $165 million. Mallard was founded by William D. Starnes, CFP®, MST, ChFC® in 2002. Bill and his team will be joining Mercer Advisors.
Mallard is a financial planning and wealth management practice with experience working with data-driven clients (i.e., scientists, engineers, and financial professionals). When it comes to decisions involved in transitioning into retirement, these professionals want to see all the details and calculations involved in the analysis in order to feel secure in their decisions.
Commenting on the transaction, founder William D. Starnes ("Bill") stated: "At Mallard, my team and I are dedicated to serving our clients with excellence and see our clients as extended family. Moreover, I am committed to the success and development of my staff. As the sole founder and owner of the firm it is incumbent on me to make sure my clients and team are taken care of if something were to happen to me. To that end, I partnered with Mercer Advisors through their Mutual Assistance Pact ("MAP") program wherein they would look after my clients and staff if something unforeseen should happen to me. I worked with Mercer Advisors Vice Chairman David Barton to put that MAP plan in place several years ago and have been very happy with the arrangement. As time went on, however, I realized it was time for me to work on my own transition plan and once again reached out to Dave Barton and Mercer Advisors whom I respect and trust. Together we worked on, and successfully completed, my succession plan and I am thrilled to join a firm like Mercer Advisors alongside my fantastic team."
David Barton, Vice Chairman of Mercer Advisors, who led the acquisition of Mallard on behalf of Mercer Advisors stated: "Bill is a superior financial planner, a salt of the earth person, and is committed to his clients and team. These are all traits I look for in determining whether or not a cultural fit exists between our firms. In Mallard, we found a perfect fit and we could not be more excited to partner with Bill and his team to expand our Delaware presence."
Dave Welling, Chief Executive Officer of Mercer Advisors, said, "Bill has built a great business and a strong team of highly respected wealth management professionals. We are thrilled they are joining the Mercer Advisors Team and we look forward to working together to help deliver meaningful results for our shared clients."
Established in 1985, Mercer Global Advisors Inc. ("Mercer Advisors") is a total wealth management firm that provides comprehensive, fee-based investment management, financial planning, family office services, retirement benefits and distribution planning, estate and tax planning, insurance solutions, and corporate trustee and trust administration services. Mercer Advisors Inc. is a parent company of Mercer Global Advisors Inc. (RIA), majority owned by both Oak Hill Capital and Genstar Capital, one of the largest Registered Investment Advisors and financial planning firms in the U.S. with over $37 billion in client assets. Headquartered in Denver, Mercer Advisors is privately held, has over 760 employees, and operates nationally through 60+ offices across the country. For more information, visit www.merceradvisors.com.
Data as of June 30, 2022. AUM includes affiliates and wholly owned subsidiaries.
Mercer Global Advisors Inc. is registered with the Securities and Exchange Commission and delivers all investment-related services. Mercer Advisors Inc. is the parent company of Mercer Global Advisors Inc. and is not involved with investment services.
Mercer Advisors is not a law firm and does not provide legal advice to clients. All estate planning documentation preparation and other legal advice is provided through its affiliation with Advanced Services Law Group, Inc.
Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certification mark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark (with plaque design) logo in the United States, which it authorizes use of by individuals who successfully complete CFP Board's initial and ongoing certification requirements. The ChFC® mark is the property of The American College, which reserves sole rights to its use, and is used by permission.
Contact: Chris Tofalli
Chris Tofalli Public Relations, LLC
914-834-4334
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SOURCE Mercer Global Advisors Inc. | https://www.mysuncoast.com/prnewswire/2022/08/02/mercer-advisors-acquires-mallard-advisors-llc/ | 2022-08-02T12:54:07Z |
15th Annual Fire Charity Fishing Tournament helps Suncoast families catch a break
PALMETTO, Fla. (WWSB) - Hundreds of people are casting their reels in Palmetto all to help Suncoast families catch a break.
The Fire Charity Fishing Foundation hosted its 15th Annual Fire Charity Fishing Tournament, a festival that aims to generate money for families of first responders.
ABC7 joined in on the kids fishing tournament where the organization’s founder, Eric Nicholson, explained how the big weekend has been growing for more than a decade. He described how a small tournament, which at first raised $5,000, has blossomed into a multi-day festival with tons of volunteers and sponsors joining in on the cause.
Nicholson said all the money raised during the weekend is going straight to families in need.
At first, the foundation focused on assisting kids through the Children’s Burn Foundation of Florida, but now organizers are casting a wider net. The funds generated at these events can be spent wherever local first responder families need it.
“If we hear of a family that had their house burnt, we can go pay for a hotel room, or help rebuild the house,” Nicholson said. “If we find a family that’s in need during the holidays, which we do, we reach out and adopt them as a family and do all that. And that’s where all that money goes.”
It’s a cause Nicholson has seen do extraordinary good for the past 15 years.
Plus, it’s worthwhile to get kids hooked on charity work while they’re young. He sees the tournament as an opportunity for parents to show their children the power of giving back.
“There’s a lot going on in the world,” he said. “If you can get involved with your local community, what you can do is substantial.”
The purpose behind the tournament isn’t lost on the small fisherman. A few of the kids spending the day at the pier talked about how they’re happy to get involved knowing their actions are placing a small part in the mission.
“It makes me feel like I’m doing something good, and it makes me feel like I’m doing something good for the world,” one young tournament participant said.
The 15th Annual Fire Charity Fishing Tournament resumes Sunday starting at 11 a.m. at Riverside Park in Palmetto.
If you want to donate to the foundation online, you can do so by clicking here.Hundreds of people are casting their reels in Palmetto all to help Suncoast families catch a break.
The Fire Charity Fishing Foundation hosted its 15th Annual Fire Charity Fishing Tournament, a festival that aims to generate money for families of first responders.
ABC7 joined in on the kids fishing tournament where the organization’s founder, Eric Nicholson, explained how the big weekend has been growing for more than a decade. He described how a small tournament, which at first raised $5,000, has blossomed into a multi-day festival with tons of volunteers and sponsors joining in on the cause.
Nicholson said all the money raised during the weekend is going straight to families in need.
At first, the foundation focused on assisting kids through the Children’s Burn Foundation of Florida, but now organizers are casting a wider net. The funds generated at these events can be spent wherever local first responder families need it.
“If we hear of a family that had their house burnt, we can go pay for a hotel room, or help rebuild the house,” Nicholson said. “If we find a family that’s in need during the holidays, which we do, we reach out and adopt them as a family and do all that. And that’s where all that money goes.”
It’s a cause Nicholson has seen do extraordinary good for the past 15 years.
Plus, it’s worthwhile to get kids hooked on charity work while they’re young. He sees the tournament as an opportunity for parents to show their children the power of giving back.
“There’s a lot going on in the world,” he said. “If you can get involved with your local community, what you can do is substantial.”
The purpose behind the tournament isn’t lost on the small fisherman. A few of the kids spending the day at the pier talked about how they’re happy to get involved knowing their actions are placing a small part in the mission.
“It makes me feel like I’m doing something good, and it makes me feel like I’m doing something good for the world,” one young tournament participant said.
The 15th Annual Fire Charity Fishing Tournament resumes Sunday starting at 11 a.m. at Riverside Park in Palmetto.
If you want to donate to the foundation online, you can do so by clicking here.
Copyright 2022 WWSB. All rights reserved. | https://www.mysuncoast.com/2022/06/11/15th-annual-fire-charity-fishing-tournament-helps-suncoast-families-catch-break/ | 2022-06-11T19:36:14Z |
TAMPA, Fla. (WFLA) — Longtime actress and activist Jane Fonda announced Friday that she has been diagnosed with non-Hodgkin Lymphoma in a post on Instagram.
Fonda said she has begun chemotherapy to treat the cancer, but it won’t slow her down.
“I’m doing chemo for 6 months and am handling the treatments quite well and, believe me, I will not let any of this interfere with my climate activism,” Fonda wrote.
Non-Hodgkin lymphoma is a cancer that spreads through the lymphatic system in “a non-orderly manner,” according to the Centers for Disease Control and Prevention. The cancer becomes more common among older patients.
According to the American Society of Clinical Oncology, the overall five-year survival rate for American adults is 73%.
Despite her diagnosis, Fonda said she is lucky to have the resources to fight the disease the best way possible.
“I realize, and it’s painful, that I am privileged in this,” she said. “Almost every family in America has had to deal with cancer at one time or another and far too many don’t have access to the quality health care I am receiving and this is not right. We also need to be talking much more not just about cures but about causes so we can eliminate them.”
The 84-year-old actress also said the diagnosis has taught her the importance of community.
“Of growing and deepening one’s community so that we are not alone,” she said. “And the cancer, along with my age — almost 85 — definitely teaches the importance of adapting to new realities.”
Fonda is one of Hollywood’s long-working actors, with her first role dating back to 1960’s “Tall Story.” Since then, Fonda has received numerous acting honors, including two Academy Awards for Best Actress. Her first win was for 1971’s “Klute,” followed by her second in 1978 for “Coming Home.” Altogether, Fonda has been Oscar-nominated seven times.
Until April, the political activist (and former exercise video mogul) starred in Netflix’s sitcom “Grace and Frankie,” opposite fellow Hollywood veteran Lily Tomlin.
Fonda’s Friday statement also came with a political message, with the actor writing: “The midterms are looming, and they are beyond consequential so you can count on me to be right there together with you as we grow our army of climate champions.” | https://cw33.com/news/nexstar-media-wire/jane-fonda-says-she-has-cancer-is-undergoing-chemo/ | 2022-09-03T00:17:37Z |
NEW ORLEANS, May 26, 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 The National Security Group, Inc. ("NSG" or the "Company") (NasdaqGM: NSEC) to VR Insurance Holdings, Inc. Under the terms of the proposed transaction, shareholders of NSG will receive only $16.35 in cash for each share of NSG 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/nasdaqgm-nsec/ to learn more.
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/2022/05/26/national-security-group-investor-alert-by-former-attorney-general-louisiana-kahn-swick-amp-foti-llc-investigates-adequacy-price-process-proposed-sale-national-security-group-inc-nsec/ | 2022-05-27T00:06:58Z |
IRVING, Texas and FINO MORNASCO, Italy, Aug. 12, 2022 /PRNewswire/ -- Breeze Holdings Acquisition Corp. (NASDAQ: BREZ) ("Breeze Holdings"), a publicly traded special purpose acquisition company, and D-Orbit S.p.A. ("D-Orbit" or the "Company"), a market leading space logistics and transportation company, today announced that the companies have mutually agreed to terminate their previously announced merger agreement ("Agreement"), effective immediately.
"Since the outset of our discussions with D-Orbit over a year ago, we have continued to believe in the Company's unique value proposition and the innovation inherent in their solutions," said J. Douglas Ramsey, Ph.D., Chairman and CEO of Breeze Holdings. "However, the financial markets have changed substantially, and we believe that terminating our merger is in the best interest of both D-Orbit and Breeze shareholders. On behalf of Breeze, we wish Luca and the D-Orbit team the best of luck and look forward to cheering on their continued successes. As we look ahead, we remain focused on identifying another value creating opportunity for Breeze shareholders."
"Despite market conditions that were beyond our control and the subsequent need to terminate our agreement with Breeze, we remain incredibly confident about D-Orbit's business and continued growth," said Luca Rossettini, Ph.D., Chief Executive Officer of D-Orbit. "With our unrivaled ION Satellite Carrier as a foundation and the diversified revenue streams our main line of business already generates, we are setting D-Orbit apart as the global leader in the orbital transportation market. Just this year alone, we have completed more missions than any of our peers, expanded and diversified our customer base across four continents with even more blue-chip companies looking to use our services, secured 11 additional slots with SpaceX and other global launch providers for 2023 and continued to build out the next phase of our In-Orbit Servicing technology, which is also generating revenues from early adopters within institutional and commercial space operators. In addition, we have successfully proven our space cloud infrastructure with almost a dozen third-party applications run on our D-Orbit Cloud Nodes currently in orbit. As we chart our next phase of growth, D-Orbit is moving full speed ahead to achieve our mission of enabling expansion in space and fueling the new space economy."
Since announcing the intention to merge with Breeze in January, D-Orbit has steadily moved along its roadmap and launched an additional three ION Satellite Carrier (ION) missions – six currently in orbit and three scheduled for the remainder of 2022; delivered more than 80 customer payloads into orbit in total; announced several new signed customer contracts among D-Orbit's outstanding customer base, including 30% of existing satellite operators; made progress expanding payload integration and incoming ION assembly in the U.S.; secured eleven ports for launch on SpaceX and on other launchers in 2023; and continued innovating on its suite of in-orbit solutions, including the deployment of D-Orbit Space Cloud and buildout of its In-Orbit Servicing capabilities, positioning the Company to capture long-term growth opportunities.
Details of the termination of the Agreement will be provided in a Current Report on Form 8-K to be filed by Breeze Holdings with the U.S. Securities and Exchange Commission and available at www.sec.gov.
D-Orbit is a market leader in the space logistics and transportation services industry with a track record of space-proven services, technologies and successful missions.
Founded in 2011, before the dawn of the New Space market, D-Orbit is the first company addressing the logistics needs of the space market. The first line of business ION Satellite Carrier, for example, is a space vehicle that can transport satellites in orbit and release them individually into distinct orbital slots, reducing the time from launch to operations by up to 85% and the launch costs of an entire satellite constellation by up to 40%. ION can also accommodate multiple third-party payloads like innovative technologies developed by startups, experiments from research entities, and instruments from traditional space companies requiring a test in orbit and offer the fully redundant ION for rent, or edge computing and space cloud services, to those satellite operators in need of additional capacity and capabilities in orbit. In addition, D-Orbit is investing in becoming a leader in the new in-orbit servicing market, which is considered to be one of the largest, growing markets within the space sector and is already demonstrating significant traction.
D-Orbit is a space infrastructure pioneer with offices in Italy, Portugal, the UK, and the US; its commitment to pursuing business models that are profitable, friendly for the environment, and socially beneficial, led to D-Orbit S.p.A. becoming the first certified B-Corp space company in the world.
Breeze Holdings is a blank check company organized for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities.
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. These forward-looking statements can be identified by the use of forward-looking terminology, including the words "believes," "estimates," "anticipates," "expects," "intends," "plans," "may," "will," "potential," "projects," "predicts," "continue," or "should," or, in each case, their negative or other variations or comparable terminology. There can be no assurance that actual results will not materially differ from expectations. Such statements include, but are not limited to, any statements relating to our ability to consummate any acquisition or other business combination and any other statements that are not statements of current or historical facts. These statements are based on management's current expectations, but actual results may differ materially due to various factors, including, but not limited to: (i) our ability to complete any initial business combination; (ii) our success in retaining or recruiting, or changes required in, our officers, key employees or directors following our initial business combination; (iii) our officers and directors allocating their time to other businesses and potentially having conflicts of interest with our business or in approving our initial business combination; (iv) our potential ability to obtain additional financing to complete our initial business combination; (v) our pool of prospective target businesses; (vi) the ability of our officers and directors to generate a number of potential investment opportunities; (vii) our public securities' potential liquidity and trading; (viii) the lack of a market for our securities; (ix) the use of proceeds not held in the trust account or available to us from interest income on the trust account balance; (x) the trust account not being subject to claims of third parties; (xi) or our financial performance following our initial public offering. The forward-looking statements contained in this press release are also subject to additional risks, uncertainties, and factors, including those described in Breeze Holdings' most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q and other documents filed or to be filed with the SEC by Breeze Holdings or Holdco from time to time. The forward-looking statements included in this press release are made only as of the date hereof.
Contacts
Patrizia Tammaro Silva - Investor Relations
patrizia.tammaro@dorbit.space
+39 335 7959 913
Caterina Cazzola – Head of Communications
caterina.cazzola@dorbit.space
+39 340 2840 792
Aaron Palash / Jack Kelleher
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449
Follow D-Orbit on:
LinkedIn: www.linkedin.com/company/d-orbit
Facebook: facebook.com/deorbitaldevices/
Twitter: twitter.com/D_Orbit
Instagram: instagram.com/wearedorbit/
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SOURCE Breeze Holdings Acquisition Corp. | https://www.kxii.com/prnewswire/2022/08/12/breeze-holdings-acquisition-corp-d-orbit-spa-mutually-agree-terminate-merger-agreement/ | 2022-08-12T23:14:16Z |
SAINT HELIER, Jersey, June 10, 2022 /PRNewswire/ -- CoinShares International Limited (Nasdaq First North Growth Market: CS; US OTCQX: CNSRF) ("the Company"), Europe's largest and longest standing digital asset investment firm, hereby makes public the following information received from persons discharging managerial responsibilities in the Company and/or persons closely related with them.
On Tuesday 7 June 2022, Mr Daniel Masters, the Chairman of the Company, purchased a net total of 2,143 shares via open market purchases.
- Name: Mr Daniel Masters (purchase)
- Holdings before transaction (no. of shares): 15,287,245
- Transaction (no. of shares): 2,143
- Holdings after transaction (no. of shares): 15,289,388
About CoinShares
CoinShares is Europe's largest and longest standing digital asset investment firm, managing billions of assets on behalf of a global client base. Our mission is to expand access to the digital asset ecosystem by pioneering new financial products and services that provide investors with trust and transparency when accessing this new asset class. CoinShares is publicly listed on the Nasdaq First North Growth Market under ticker CS and the OTCQX under the ticker CNSRF.
For more information on CoinShares, visit: https://coinshares.com
Investor Relations Contact
Jared Demark
203-722-9925
jdemark@coinshares.com
Company
+44 (0)1534 513 100
enquiries@coinshares.com
Certified Advisor
Mangold Fondkommission AB
+46 (0)8 503 015 50
ca@mangold.se
This information is information that CoinShares International Limited is obliged to make public pursuant to the EU Market Abuse Regulation 596/2014. The information in this press release has been published through the agency of the contact persons set out above, at 08:00 pm BST on Friday, 10 June 2022.
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SOURCE CoinShares Group | https://www.mysuncoast.com/prnewswire/2022/06/10/coinshares-group-directorpdmr-dealing/ | 2022-06-10T20:44:17Z |
- RV Retailer Grows to 10 Airstream Locations with Airstream of South Carolina Acquisition
- New Airstream Facility in Austin, TX Planned to Unveil in Summer of 2022
FORT LAUDERDALE, Fla., May 17, 2022 /PRNewswire/ -- RV Retailer, LLC ("RVR") today was recognized by Airstream for outstanding customer service in sales and service with the prestigious Five Rivet Award for five Airstream locations in the United States. Launched in 2017, Airstream's Five Rivet Dealer Standards Program requires dealers to meet the highest standards for both sales and service.
Jon Ferrando, Chief Executive Officer and President of RVR stated, "Airstream is an iconic brand cherished by thousands of RV enthusiasts around the globe. We are honored to represent the brand and achieve its highest level of customer service with the Five Rivet distinction."
RV Retailer has five Airstream locations notably achieving the Five Rivet distinction in the quarter, as listed below.
- Airstream of Tampa
- Airstream of Austin (formerly Camper Clinic II)
- Airstream of Greensboro
- RV One Superstores Orlando
- RV One Superstores Des Moines
"Our focus as an organization is customer service. We currently have over $130 million in planned facility investments to improve the customer experience and provide a world class service experience. This summer the unveiling of our new Airstream of Austin store will be one of the highlights of these investments. Our Airstream store in Austin has been the number one Airstream travel trailer dealer in the Central region for Airstream three years in a row," added Jon Ferrando.
"RV Retailer has been recognized two years in a row as the largest volume Airstream dealership in the United States with Airstream of Tampa. Our dedication to the Airstream experience has helped us achieve this mark year after year. We look forward to growing with Airstream in the years to come," said Famous Rhodes, RVR's Chief Marketing and Technical Officer.
The ten Airstream locations of RV Retailer are at the following stores: Airstream of Tampa, Airstream of Austin, Airstream of Greensboro, RV One Superstores Orlando, RV One Superstores Des Moines, RV One Superstores Gainesville, RV One Superstores Jacksonville, RV One Superstores Albany, RV One Superstores St Augustine and recently announced acquisition of Airstream of South Carolina (John's RV).
To learn more about our Airstream locations and RV Retailer, please visit: https://rvone.com/, https://www.airstreamofgreensboronc.com/, https://www.airstreamofaustin.com/ https://airstreamtampa.rvone.com/, or https://www.rvretailer.com/
About RV Retailer, LLC
RV Retailer, LLC is a leading recreational vehicle retail company in the United States with a focus on providing an outstanding experience for recreational vehicle customers in new and used sales, service and parts, and customer financial services. RV Retailer has 97 RV stores in Alabama, Arizona, Arkansas, California, Colorado, Connecticut, Florida, Georgia, Idaho, Indiana, Iowa, Kentucky, Missouri, Montana, Nevada, New Hampshire, New Mexico, New York, North Carolina, Ohio, Oregon, Pennsylvania, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia, Washington, and Wyoming. Regional store brands include: RV One Superstores, Motor Home Specialist, ExploreUSA, Sonny's Camp-N-Travel, Cousins RV, Camper Clinic, Lifestyle RVs, Family RV Group, Northgate RV, Tom's Camperland and Blue Dog RV, which sell a wide range of new and used RV brands with thousands of RVs in inventory.
RV Retailer is led by co-founders Jon Ferrando, Chief Executive Officer and President, and John Rizzo, Executive Vice President, Chief Financial Officer and Treasurer. Jon Ferrando and John Rizzo were instrumental in building America's largest automotive retailer from start-up to over $20 billion in revenue. RV Retailer's leadership team has over 250 years of automotive and RV retail industry experience.
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SOURCE RV Retailer, LLC | https://www.kxii.com/prnewswire/2022/05/17/five-rv-retailer-stores-achieve-prestigious-airstream-five-rivet-honors/ | 2022-05-17T19:25:10Z |
SAN DIEGO, April 13, 2022 /PRNewswire/ -- The BXNG Club (BXNG), a transformative leader in combat sports and fitness, announced today its new location in the coastal town of Solana Beach, by acquiring long-time fitness club favorite, Fit Athletic Solana Beach. Effective April 30th, 2022, this will be BXNG's third overall location with 17,000 sq ft indoor and 3,000 sq ft outdoor space. With the reopening scheduled for June, this location is expected to serve approximately 2,000 members.
Known for uniquely combining authentic combat sports, elite coaching and luxury design, The BXNG Club has been San Diego's favorite since 1999, winning multiple awards and breaking enrollment records.
"This is an exciting way to emerge from the pandemic. But we've heard our customers and they want more locations around San Diego. We believe that BXNG will bring a unique energy and new exciting combat and fitness options to the coastal community, and we are thrilled to be a part of it. As we continue reaching capacity at our current locations, our plan is to continue building out in Northern San Diego and deliver our services to more communities before expanding to other California regions," said CEO and owner of The BXNG Club, Artem Sharoshkin. "We are very excited to build on Fit's commitment to luxury, elite facilities and history in Solana Beach and are grateful to use this opportunity to elevate and strategically evolve our brand. And being just a couple minutes away from the water is a nice complement to the feel of our club," he added.
The new club will include more than 50 heavy bags, professional full-size boxing rings, a grappling area, an indoor cycling studio, an outdoor functional training area, a specialized cardio deck & weight room, a recovery studio featuring cryotherapy, locker rooms, saunas, and a members' lounge. The BXNG Club offers a wide lineup of programs taught by world-class coaches ranging from boxing, kickboxing, Muay Thai, jiu-jitsu, yoga, strength training, cycling, high-intensity interval training, and more. With over 100 classes a week - unlimited classes is truly limitless.
The BXNG Club will be launching an exclusive pre-sale for founding members with a scheduled opening to follow in Summer 2022.
About The BXNG Club:
The BXNG Club has been a leader in the combat sports and fitness spaces since 1999. Known for creating award-winning locations with special attention to design and world-class instruction spanning from boxing, kickboxing, Muay Thai, Jiu-Jitsu, strength training, yoga, and other fitness disciplines. The BXNG Club emphasizes premier fitness clubs with an emphasis on lifestyle, community and learning from former / current professional fighters.
Contact:
Mackie Dideriksen
mackenna.d@thebxngclub.com
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SOURCE The BXNG Club | https://www.kxii.com/prnewswire/2022/04/13/bxng-club-expands-footprint-san-diego-with-new-solana-beach-club/ | 2022-04-13T18:32:50Z |
ATHENS, Greece (AP) — Mountainous and remote, the Greek-Bulgaria border once formed the southern corner of the Iron Curtain. Today, it’s where the European Union is redrawing the region’s energy map to ease its heavy reliance on Russian natural gas.
A new pipeline — built during the COVID-19 pandemic, tested and due to start commercial operation in June — would ensure that large volumes of gas flow between the two countries in both directions to generate electricity, fuel industry and heat homes.
The energy link takes on greater importance following Moscow’s decision this week to cut off natural gas supplies to Poland and Bulgaria over a demand for payments in rubles stemming from Western sanctions over the war of Ukraine.
The 180-kilometer (110-mile) pipeline project is the first of several planned gas interconnectors that would give eastern European Union members and countries hoping to join the 27-nation bloc access to the global gas market.
In the short term, it’s Bulgaria’s backup.
The new pipeline connection, called the Gas Interconnector Greece-Bulgaria, will give the country access to ports in neighboring Greece that are importing liquefied natural gas, or LNG, and also will bring gas from Azerbaijan through a new pipeline system that ends in Italy.
It’s one of many efforts as EU members scramble to edit their energy mixes, with some reverting back to emissions-heavy coal while also planning expanded output from renewables.
Germany, the world’s biggest buyer of Russian energy, is looking to build LNG import terminals that would take years. Italy, another top Russian gas importer, has reached deals with Algeria, Azerbaijan, Angola and Congo for gas supplies.
The European Union wants to reduce its dependence on Russian oil and gas by two-thirds this year and to eliminate it completely over five years through alternative sources, the use of wind and solar power, and conservation.
Russia’s invasion of Ukraine is likely to accelerate changes in the EU’s long-term strategy as the bloc adapts to energy that is more expensive but also more integrated among member nations, said Simone Tagliapietra, an energy expert at the Brussels-based think tank Bruegel.
“It’s a new world,” he said. “And in this new world, it’s clear that Russia doesn’t want to be part of an international order as we think of it.”
Tagliapietra added: “The strategy — particularly by Germany — over the last 50 years was always one of engaging with Russia on energy. … But given what we are seeing in Ukraine and given Russia’s view of international relations, it’s not the kind of country with which we would like to do business.”
EU policymakers argue that while Eastern European members are among the most dependent on Russian gas, the size of their markets makes the problem manageable. Bulgaria imported 90% of its gas from Russia but only consumes 3 billion cubic meters annually — 30 times less than lead consumer Germany, according to 2020 data from EU statistics agency Eurostat.
The Greece-Bulgaria pipeline will complement the existing European network, much of which dates to the Soviet era, when Moscow sought badly needed funds for its faltering economy and Western suppliers to help build its pipelines.
The link will run between the northeastern Greek city of Komotini and Stara Zagora, in central Bulgaria, and will give Bulgaria and neighbors with new grid connections access to the expanding global gas market.
That includes a connection with the newly built Trans Adriatic Pipeline, which carries gas from Azerbaijan, and suppliers of liquefied natural gas that arrives by ship, likely to include Qatar, Algeria and the United States.
As many as eight additional interconnectors could be built in Eastern Europe, reaching as far as Ukraine and Austria.
The 240 million-euro ($250 million) pipeline will carry 3 billion cubic meters of gas per year, with an option to be expanded to 5 billion. It received funding from Bulgaria, Greece and the EU, and has strong political support from Brussels and the United States.
On the ground, the project faced multiple holdups because of supply chain snags during the COVID-19 pandemic.
Receiving specialized parts and moving personnel after construction got underway in early 2020 soon became increasingly difficult, said Antonis Mitzalis, executive director of Greek contractor AVAX, which oversaw the project.
Construction of the pipeline finished in early April, he said, while work and testing at two metering stations and software installation are in the final stages.
“We had a sequence in mind. But the fact that some materials did not arrive made us rework that sequence, sometimes with a cost effect,” Mitzalis said.
Greek Prime Minister Kyriakos Mitsotakis missed a tour of the site last month after contracting COVID-19. He spoke Wednesday with his Bulgarian counterpart, Kiril Petkov, to provide assurances of Greek support.
“Bulgaria and Greece will continue to work together for energy security and diversification — of strategic importance for both countries and the region,” Petkov later tweeted. “We both are confident for the successful completion of the IGB on time.” ___
Follow AP’s coverage of the war in Ukraine: https://apnews.com/hub/russia-ukraine
___ Follow Gatopoulos at https://twitter.com/dgatopoulos | https://cw33.com/business/ap-business/new-gas-pipeline-boosts-europes-bid-to-ease-russian-supply/ | 2022-04-30T00:37:48Z |
PALO ALTO, Calif., May 27, 2022 Kodiak Sciences Inc. (Nasdaq: KOD), a biopharmaceutical company committed to researching, developing and commercializing transformative therapeutics to treat high prevalence retinal diseases, announced today that management will present at the Jefferies Global Healthcare Conference in New York, NY on Thursday, June 9, 2022, at 11:30 a.m. Pacific Time (2:30 p.m. Eastern Time).
A live webcast of the presentation will be available on the "Events and Presentations" section of Kodiak's website at http://ir.kodiak.com/ and will remain available for replay for a limited time following the event.
Kodiak (Nasdaq: KOD) is a biopharmaceutical company committed to researching, developing and commercializing transformative therapeutics to treat high prevalence retinal diseases. Founded in 2009, we are focused on bringing new science to the design and manufacture of next generation retinal medicines to prevent and treat the leading causes of blindness globally. Our ABC Platform™ uses molecular engineering to merge the fields of antibody-based and chemistry-based therapies and is at the core of Kodiak's discovery engine. Kodiak's lead product candidate, KSI-301, is a novel anti-VEGF antibody biopolymer conjugate being developed for the treatment of retinal vascular diseases including wet age-related macular degeneration, the leading cause of blindness in elderly patients in the developed world, and diabetic eye diseases, the leading cause of blindness in working-age patients in the developed world. Kodiak has leveraged its ABC Platform to build a pipeline of product candidates in various stages of development. KSI-501 is our dual inhibitor antibody biopolymer conjugate targeting both VEGF (VEGF-trap) and IL-6 (anti-IL-6 antibody) for the treatment of retinal diseases. We are expanding our early research pipeline to include ABC Platform based triplet inhibitors for multifactorial retinal diseases such as dry AMD and glaucoma. Kodiak is based in Palo Alto, CA. For more information, please visit www.kodiak.com.
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SOURCE Kodiak Sciences Inc. | https://www.mysuncoast.com/prnewswire/2022/05/27/kodiak-sciences-present-jefferies-global-healthcare-conference/ | 2022-05-27T13:41:48Z |
Police: 25-year-old charged with shooting, killing woman in her own driveway
AKRON, Ohio (WOIO/Gray News) - Police in Ohio said a 25-year-old man has been charged with aggravated murder for shooting and killing a woman in her own driveway in April.
Antonio Miller was arrested on Sept. 16 at an Akron home, according to Lt. Michael Miller of the Akron Police Department.
Police said Miller shot and killed 50-year-old Tina Case in her own driveway on April 7 around 10:30 p.m.
Officers found Case dead in her car at home, according to WOIO.
Investigators determined Miller knew Case and waited for her to get home before ambushing her.
Case’s daughter Gabriel said her mom was her and her family’s “best friend.”
“She was actually our rock, she was our world, she was the person we called on when we didn’t have anyone or anything to actually depend on,” Gabriel said.
She said she and her family never imagined life without her, but that nightmare tragically became their reality.
“Words are hard to explain the things we have been going through, the emotions we feel, not having her here to call on throughout the time that we need her the most,” Gabriel said.
To know someone is being held responsible has brought Gabriel and her sister, Danielle, some peace during this devastating time, she said.
“She definitely let us know at the end of the day it would always be a tomorrow and to always keep our head up and keep pushing forward, and that’s what I’m going to do for her,” Gabriel said.
Copyright 2022 WOIO via Gray Media Group, Inc. All rights reserved. | https://www.kxii.com/2022/09/18/police-25-year-old-charged-with-shooting-killing-woman-her-own-driveway/ | 2022-09-18T17:39:14Z |
A ferocious wildfire outside California’s Yosemite Park is displaying “unprecedented” behavior, “moving extremely fast” and limiting the amount of time authorities have to warn area residents to evacuate, a state fire official said.
“The fire behavior that we’re seeing on this incident is really unprecedented,” Cal Fire Battalion Chief Jon Heggie said of the Oak Fire, which has exploded to more than 16,700 acres and destroyed at least seven structures. “It’s moving extremely fast and the reaction time to get people out is limited because that fire is moving so fast.”
At least 3,000 people have been forced to evacuate their homes due to the fire, per a news release from Gov. Gavin Newsom’s office Saturday, since it began Friday in the foothills of the Sierra Nevada.
In all, more than 2,500 personnel are battling the fire, which is 10% contained, according to an update Monday from Cal Fire. The teams are utilizing more than a dozen helicopters, 281 fire engines and 46 water tenders, which are used to transport large amounts of water, the agency said.
Officials, Heggie added, are doing their best to work with law enforcement and notify residents when they need to leave.
“But the reality is, it’s moving so quickly, it’s not giving people a lot of time, and they are sometimes just going to have to evacuate with the shirts on their back,” he said. “But their life, safety is obviously the most important thing.”
The fire “remained active in some areas” through Sunday night “due to dry dead and downed fuels,” Cal Fire’s update Monday said.
The agency also revised down the number of structures destroyed from 10 to seven and the number of structures damaged from five to zero, calling earlier figures “a preliminary estimate.”
Among those who lost their home were Jane and Wes Smith, their son Nick Smith said, telling CNN his parents were left with “just the clothes on their back and the shoes on their feet.”
“It’s pretty sad to see the house that I grew up in and was raised in gone,” he said. “It hits hard.”
His mother only had enough time to load up their horses before escaping the area, Smith said, while his father was busy working on the fire as a Mariposa County sheriff’s deputy. Now, the couple is staying with friends and family as they recover from the loss.
Smith started a GoFundMe to support his parents’ recovery, writing, “37 years of memories, generations of family treasures, and countless more sentimental things. Although these are materials, it is devastating to lose everything literally in the blink of an eye without notice.”
Fire’s severity is the ‘direct result’ of climate change, official says
Newsom declared a state of emergency for Mariposa County Saturday, citing the thousands of displaced residents, destroyed homes and threatened critical infrastructure.
An evacuation center has been established at Mariposa Elementary School, as well as a small animal shelter. The county fairgrounds and Coursegold Rodeo Grounds are serving as a shelter for large animals, according to the sheriff’s office.
Parts of the Sierra National Forest, which flanks and partially overlaps with Mariposa County, are closed to the public due to the fire, the Forest Service announced Sunday.
“The Fire’s behavior consists of flanking, backing, and creeping through National Forest Systems lands, roads, and recreational areas,” the agency posted on its website. “This closure will support public safety by keeping public members out of hazardous burn areas and will allow firefighting resources to combat the Fire without public interference.”
The Oak Fire is the largest of California’s actively burning fires, which have been fueled by extended drought conditions in much of the state, leaving behind brittle vegetation and underbrush which is quick to burn.
Heggie also noted the fire was “indicative” of what’s been seen more broadly in wildfires throughout the state and the American west in recent years: It was “burning with just such a velocity and intensity,” Heggie said, due to prolonged drought and human-caused climate change.
“What I can tell you is this is a direct result of what is climate change,” he said. “You can’t have a 10-year drought in California and expect things to be the same. And we are now paying the price for that 10-year drought and that climate change.”
As a result of climate change, wildfires are becoming more frequent and severe. Blazes are burning longer and hotter in places they’ve always occurred, according to a report released earlier this year from the UN Environment Programme, and also igniting in unexpected places.
“That dead fuel that’s a result from that climate change and that drought is what’s driving these, what we are now calling, ‘mega fires,’” Heggie said.
In years past, he said, fires “had never grown in this rate or this size.”
“Now,” he observed, “it’s commonplace.”
Cal Fire acknowledges the state’s longer wildfire seasons, which experts say are beginning to stretch throughout the year, are the direct result of climate change.
Fire officials in Southern California braced for a difficult summer this year, anticipating the hotter, drier summer and the increased frequency of wildfires, even as firefighting crews experience worker shortages.
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