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A former White House aide told the House committee investigating the Jan. 6, 2021, Capitol attack that Rep. Matt Gaetz (R-Fla.) sought a pardon from former President Trump over the Department of Justice’s (DOJ) investigation into sex trafficking allegations against him, The Washington Post reported on Saturday, citing sources familiar with the testimony.
Former Trump aide Johnny McEntee said Gaetz told him he had asked former White House chief of staff Mark Meadows for a preemptive pardon, the Post reported. McEntee told the committee that he understood the pardon to be in connection with the DOJ probe.
The Justice Department is investigating allegations that Gaetz paid for sex, paid for women to travel across state lines to have sex and had a sexual relationship with a minor. Gaetz denies the allegations.
The committee previously showed McEntee saying in a videotaped deposition that Gaetz told him he asked Meadows for a pardon during a June hearing.
It also presented testimony from other former Trump aides naming Gaetz as one of several Republican lawmakers who sought pardons from Trump. Gaetz and Rep. Mo Brooks (R-Ala.) advocated for a “blanket pardon” for lawmakers who participated in a December 2020 meeting where efforts to overturn the election were discussed, former White House aide Cassidy Hutchinson testified. When asked by the committee if Gaetz was seeking a pardon, Eric Herschmann, a former Trump White House attorney, responded in a taped deposition that he believed so and that Gaetz’s pardon request was “for any and all things.”
Rep. Adam Kinzinger (R-Ill.), a member of the committee, also presented an email from Brooks in which the Alabama congressman requested presidential pardons for himself, Gaetz, and lawmakers who objected to the Electoral College vote for Arizona and Pennsylvania.
However, McEntee’s testimony as reported by the Post is the first to indicate that Gaetz sought a pardon in connection with the Justice Department’s investigation into the sex trafficking allegations, though there has been speculation.
The New York Times reported in April 2021 that Gaetz had sought a blanket pardon from Trump in the last weeks of his presidency, noting this came as the congressman was being investigated by the DOJ for allegedly violating sex trafficking laws. Trump denied the allegations that Gaetz had directly asked for a blanket pardon.
“Congressman Matt Gaetz discussed pardons for many other people publicly and privately at the end of President Donald Trump’s first term,” a spokesperson for Gaetz said in a statement. “As for himself, President Trump addressed this malicious rumor more than a year ago stating, ‘Congressman Matt Gaetz has never asked me for a pardon.’ Rep. Gaetz continues to stand by President Trump’s statement.”
The Jan. 6 committee and Trump’s team did not immediately respond to requests for comment. | https://cw33.com/hill-politics/gaetz-sought-pardon-from-trump-over-doj-probe-into-sex-trafficking-allegations-report/ | 2022-09-17T22:55:49Z |
Rescuers look for victims at Cuba hotel after blast kills 22
HAVANA (AP) — Rescuers in Cuba’s capital were searching rubble through the night to find more victims of an explosion that killed at least 22 people and injured dozens at a luxury hotel that once hosted dignitaries and celebrities, including Beyoncé and Jay-Z
A natural gas leak was the apparent cause of Friday’s blast at Havana’s 96-room Hotel Saratoga. The 19th-century structure in the city’s Old Havana neighborhood did not have any guests at the time because it was undergoing renovations ahead of a planned Tuesday reopening.
Relatives of missing people remained at the site late Friday night as rescuers sifted through rubble. Others gathered at hospitals where the injured were being treated.
“I don’t want to move from here,” Cristina Avellar told The Associated Press near the hotel, whose outer walls were blown away by the explosion, leaving the interiors of many rooms exposed.
Avellar was waiting for news of Odalys Barrera, a 57-year-old cashier who has worked at the hotel for five years. She is the godmother of Barrera’s daughters and considers her like a sister.
Although no tourists were reported injured, the explosion is the latest blow to the country’s crucial tourism industry.
Even before the coronavirus pandemic kept tourists away from Cuba, the country was already struggling with the sanctions imposed by former U.S. President Donald Trump and kept in place the Biden administration. The sanctions limited visits by U.S. tourists to the islands and restricted remittances from Cubans in the U.S. to their families in Cuba.
Tourism had started to revive somewhat early this year, but the war in Ukraine crimped a boom of Russian visitors, who accounted for almost a third of the tourists arriving in Cuba last year.
The hotel’s first floors appeared to have suffered most of the damage from Friday’s blast. The missing walls made it possible to distinguish mattresses, pieces of furniture, hanging glass, tattered curtains and cushions covered in dust.
Dr. Julio Guerra Izquierdo, chief of hospital services at the Ministry of Health, said at least 74 people had been injured. Among them were 14 children, according to a tweet from the office of President Miguel Díaz-Canel.
Cuba’s national health minister, José Ángel Portal, told The Associated Press the number of injured could rise as the search continues. Fire Department Lt. Col. Noel Silva said rescue workers were still looking for a large group of people who may be under the rubble.
The search was to continue through the night. The shattered hotel remained cordoned off as workers operated heavy machinery to lift huge pieces of wall and masonry and trucks left the site loaded with rubble. Firefighters and rescue workers toiled inside the wreckage.
Authorities refused to release the names of the dead, even to their relatives. Authorities placed emergency lights at the site and brought in trained dogs to help in the search.
Rescuers declined to answer questions because the authorities had ordered them not to to avoid confusion.
A 300-student school next to the hotel was evacuated. Havana Gov. Reinaldo García Zapata said five of the students suffered minor injuries.
The emblematic hotel is about 110 yards (100 meters) from Cuba’s Capitol building, which had broken glass and damaged masonry after the explosion.
The hotel was first renovated in 2005 as part of the Cuban government’s revival of Old Havana and is owned by the Cuban military’s tourism business arm, Grupo de Turismo Gaviota SA. The company said it was investigating the cause of the blast and did not respond to an email from the AP seeking more details about the hotel and the renovation it was undergoing.
In the past, the Hotel Saratoga has been used by visiting VIPs and political figures, including high-ranking U.S. government delegations. Beyoncé and Jay-Z stayed there in 2013.
García Zapata said structures adjacent to the hotel were being evaluated, including two badly damaged apartment buildings. Díaz-Canel said families in affected buildings had been transferred to safer locations.
Photographer Michel Figueroa said he was walking past the hotel when “the explosion threw me to the ground, and my head still hurts.... Everything was very fast.”
Worried relatives of people who had been working at the hotel showed up at a hospital to look for loved ones. Among them was Beatriz Céspedes Cobas, who was tearfully searching for her sister.
“She had to work today. She is a housekeeper,” she said. “I work two blocks away. I felt the noise, and at first, I didn’t even associate” the explosion with the hotel.
Mexican President Andrés Manuel López Obrador is scheduled to arrive in Havana for a visit late Saturday and Mexican Foreign Relations Secretary Marcelo Ebrard said the visit would still take place.
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/05/07/rescuers-look-victims-cuba-hotel-after-blast-kills-22/ | 2022-05-07T05:08:41Z |
Children as young as 8 should be screened for anxiety, task force says
(CNN) - Mental health in children and adolescents has only worsened during the pandemic, experts say.
The U.S. Preventive Services Task Force is set to recommend that children ages 8 and older should be screened for anxiety.
The task force is made up of an independent panel of experts who makes recommendations on screenings and preventative medicine.
The decision to recommend early screenings in children for anxiety was based on a review of studies that evaluated screening tests in adolescents and the benefits of early treatment.
The task force found with moderate certainty that screening for anxiety in children older than 8 would lead to improving outcomes.
The draft report was released on the task force’s website on Tuesday.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.mysuncoast.com/2022/04/13/children-young-8-should-be-screened-anxiety-task-force-says/ | 2022-04-15T09:55:42Z |
HARRISBURG, Pa. (AP) — If Dr. Mehmet Oz is elected to the U.S. Senate this fall, he’ll be the first Muslim ever to serve in the chamber. It’s something he hardly brings up while campaigning, his Democratic opponent isn’t raising it and it’s barely a topic of conversation in Pennsylvania’s Muslim community.
Even if Muslims know that Oz — the celebrity heart surgeon best known as the host of daytime TV’s “The Dr. Oz Show” — is a fellow Muslim, many may not identify with him culturally or politically.
And in any case, Muslims aren’t monolithic and won’t necessarily vote for a candidate just because they share a religion, Muslims across the state say — he’ll have to win them over on the issues just as with all voters.
Oz, whose parents emigrated from Turkey, calls himself a “secular Muslim” and has said that the spiritual side of Islam resonates with him more than the religious law side of it.
He is also part of a Republican Party that is a political minority among Muslims and is endorsed by former President Donald Trump, who earned the enmity of some Muslims for enacting a 2017 ban on travelers coming to the United States from five predominantly Muslim countries.
For a Republican Party more accustomed to electing white Christians, Oz’s religion is a strange bedfellow. Some Muslims say they have felt an animosity from the party in the past and Muslim candidates themselves have faced attacks from GOP rivals.
In a brief interview, Oz said it is good for the United States’ leadership to show that it can elect Muslims, and it is good for Muslims to see one of their own elected to the U.S. Senate.
That kind of success would reinforce the message that “if you work hard in America, no matter what your heritage we treasure you,” Oz said.
Oz won the GOP’s seven-way May primary in a contest so narrow it triggered a statewide recount and he now faces Democrat John Fetterman, Pennsylvania’s lieutenant governor, in the Nov. 8 election. The contest in the presidential battleground state could help determine partisan control of the Senate next year.
On the campaign trail, Oz follows national GOP talking points, such as trying to pin rising inflation and gun violence on President Joe Biden and his fellow Democrats.
Oz rarely discusses his religion and Fetterman hasn’t brought it up — focusing instead on trying to paint Oz as a super-wealthy, out-of-touch carpetbagger from New Jersey.
If Muslims don’t know that Oz is one of them, “that is because of him, really,” said Algassimu Bah, a Philadelphian and immigrant from Sierra Leone. “He hasn’t been talking about his faith. We’ve not heard him.”
Imam Abdul Aziz Suraqah, of the Muslim Community Center of Greater Pittsburgh, said most members of the mosque probably know of Oz’s faith, but seem no more passionate about Oz than any other candidate.
Imam Abdullah Pocius, who leads a mosque in Philadelphia, said he doubts that most Muslims who vote know that Oz identifies as a Muslim.
“The average American Muslim doesn’t know anything about him, except that he’s a TV doctor,” Pocius said.
Oz was born in the United States to Turkish parents, married an American who is Christian and raised his children as Christians.
In a 2013 interview for the PBS series “Faces of America,” Oz discussed his faith, saying that, while growing up, he became interested in Sufism, a mystical form of Islam that emphasizes someone’s direct connection to God.
Oz described it as “spiritual.”
Sufism is, however, generally viewed negatively by orthodox Muslims, who emphasize strictly following a set of religious laws, said Khalid A.Y. Blankinship, a Muslim and professor of religion at Temple University in Philadelphia.
In addition, Muslims in the United States are diverse — they include converted Americans and immigrants from Asia, Africa and Europe — and many might see Oz’s Turkish heritage as more meaningful to him than Islam, Blankinship said.
When it comes to voting, party loyalty will override religion for the vast majority of Muslims, Blankinship said.
“Most people would not think of supporting him just because he’s a Muslim,” Blankinship said. “And they would look at what is he saying, what are his politics, what is his position going to be.”
Suraqah said he tries to teach Muslims to be principled in their voting choices and to avoid supporting candidates “just because they speak nicely to the Muslim community” or appeal to them as fellow Muslims.
Still, it is important — and remarkable — that a major political party has nominated a Muslim for a Senate seat, Muslims say.
But galvanizing Pennsylvania’s Muslim community might have only a slight effect on the election.
Estimates suggest that Muslims are 1% to 2% of the state’s voters and Pew Research Center estimated in 2017 that two-thirds of American Muslims identified as Democrats, or leaned that way.
That could further isolate Oz from many Muslim voters.
“It is complicated because most Muslims are registered Democrats,” said Wa’el Alzayat, CEO of Emgage, a national Muslim political advocacy organization. “While being a Muslim is nice and it’s good, it is not sufficient and in some cases it doesn’t matter what your faith is if you are not on the right side of the issues.”
Salima Suswell, Emgage’s executive director in Pennsylvania, said she became aware that Oz is a Muslim soon after he launched his campaign.
But, Suswell said his religious beliefs don’t factor into her decision at the polls and that the issues Muslims care about are not limited to “stereotypical ‘Muslim issues.’”
“We know that just because somebody proclaims to be a part of our religious community, it does not mean that they represent our values,” she said.
Issues aside, it’s a problem that Oz doesn’t speak out against Trump as a source of Islamophobia and hate, Alzayat said.
Dr. Nadeem Iqbal, a Pittsburgh-area radiologist who was originally born in Pakistan, said he might be tempted to vote for a Muslim candidate.
But Iqbal wondered if or how Oz practices the religion and he can’t accept Oz’s ties to Trump, who he views as racist, anti-Muslim and empowering America’s extremist and racist fringes.
“And personally,” Iqbal said, “I will not vote for anyone endorsed by Donald Trump.”
___
Associated Press writer Claudia Lauer in Philadelphia contributed to this report.
___
Follow Marc Levy on Twitter at https://twitter.com/timelywriter. | https://cw33.com/news/politics/ap-politics/ap-ozs-senate-bid-could-be-a-muslim-first-but-is-complicated/ | 2022-08-25T19:47:49Z |
Biden admin: Docs must offer abortion if mom’s life at risk
WASHINGTON (AP) — The Biden administration on Monday told hospitals that they “must” provide abortion services if the life of the mother is at risk, saying federal law on emergency treatment guidelines preempts state laws in jurisdictions that now ban the procedure without any exceptions following the Supreme Court’s decision to end a constitutional right to abortion.
The Department of Health and Human Services cited requirements on medical facilities in the Emergency Medical Treatment and Labor Act (EMTALA). The law requires medical facilities to determine whether a person seeking treatment may be in labor or whether they face an emergency health situation — or one that could develop into an emergency — and to provide treatment.
“If a physician believes that a pregnant patient presenting at an emergency department is experiencing an emergency medical condition as defined by EMTALA, and that abortion is the stabilizing treatment necessary to resolve that condition, the physician must provide that treatment,” the agency’s guidance states. “When a state law prohibits abortion and does not include an exception for the life of the pregnant person — or draws the exception more narrowly than EMTALA’s emergency medical condition definition — that state law is preempted.”
The department said emergency conditions include “ectopic pregnancy, complications of pregnancy loss, or emergent hypertensive disorders, such as preeclampsia with severe features.”
“It is critical that providers know that a physician or other qualified medical personnel’s professional and legal duty to provide stabilizing medical treatment to a patient who presents to the emergency department and is found to have an emergency medical condition preempts any directly conflicting state law or mandate that might otherwise prohibit such treatment,” HHS Secretary Xavier Becerra wrote in a letter to health care providers.
The department says its guidance doesn’t reflect new policy, but merely reminds doctors and providers of their existing obligations under federal law.
“Under federal law, providers in emergency situations are required to provide stabilizing care to someone with an emergency medical condition, including abortion care if necessary, regardless of the state where they live,” said Centers for Medicare & Medicaid Services Administrator Chiquita Brooks-LaSure. “CMS will do everything within our authority to ensure that patients get the care they need.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.kxii.com/2022/07/11/biden-admin-docs-must-offer-abortion-if-moms-life-risk/ | 2022-07-11T22:04:40Z |
Jurors to visit still bloodstained Parkland school building
FORT LAUDERDALE, Fla. (AP) — Jurors in the trial of Florida school shooter Nikolas Cruz prepared to walk through the still blood-spattered rooms of a three-story building at Parkland’s Marjory Stoneman Douglas High School on Thursday, visiting the scene where he murdered 14 students and three staff members four years ago.
The seven-man, five-woman jury and 10 alternates will be bused under heavy security the 30 miles from the Broward County Courthouse in downtown Fort Lauderdale to the suburban school, where classes don’t resume until later this month. Law enforcement plans to seal off the area around the campus, and aircraft may be barred from flying overhead to prevent protesters from interrupting the proceedings and to protect the jurors’ safety.
The panelists and their law enforcement escorts will be accompanied into the building by Circuit Judge Elizabeth Scherer, prosecutors and Cruz’s attorneys. Cruz will not be present, according to one of his attorneys.
Prosecutors, who are winding up their case, are hoping the visit will help prove that the former Stoneman Douglas student’s actions were cold, calculated, heinous and cruel; created a great risk of death to many people and “interfered with a government function” — all aggravating factors under Florida’s capital punishment law.
Under Florida court rules, neither the judge nor the attorneys are allowed to speak to the jurors — and the jurors aren’t allowed to converse with each other — when they retrace the path Cruz followed on Feb. 14, 2018, as he methodically moved from floor to floor, firing down hallways and into classrooms as he went. The jurors have already seen surveillance video of the shooting and photographs of its aftermath.
Journalists will not be allowed inside until after the jurors leave, and will not be allowed to carry cameras.
The building has been sealed and surrounded by a chain-link fence since shortly after the massacre. Known both as the freshman and 1200 building, it looms ominously over the school and its teachers, staff and 3,300 students, and can be seen easily by anyone nearby. The Broward County school district plans to demolish it whenever the prosecutors approve. For now, it is a court exhibit.
“When you are driving past, it’s there. When you are going to class, it’s there. It is just a colossal structure that you can’t miss,” said Kai Koerber, who was a Stoneman Douglas junior at the time of the shooting. He is now at the University of California, Berkeley, and the developer of a mental health phone app. “It is just a constant reminder ... that is tremendously trying and horrible.”
Cruz, 23, pleaded guilty in October to 17 counts of first-degree murder; the trial is only to determine if he is sentenced to death or life without parole.
The building’s interior has been left nearly intact since the shooting: Bloodstains still smear the floor, and doors and walls are riddled with bullet holes. Windows in classroom doors are shot out. Rotted Valentine’s Day flowers, deflated balloons and other gifts are strewn about. Only the bodies and personal belongings such as backpacks have been removed.
Miami defense attorney David S. Weinstein said prosecutors are hoping the visit will be “the final piece in erasing any doubt that any juror might have had that the death penalty is the only recommendation that can be made.”
Such site visits are rare. Weinstein, a former prosecutor, said in more than 150 jury trials dating back to the late 1980s, he has only had one.
One reason for their rarity is that they are a logistical nightmare for the judge, who needs to get the jury to the location and back to the courthouse without incident or risk a mistrial. And in a typical case, a visit wouldn’t even present truthful evidence: After law enforcement leaves, the building or public space returns to its normal use. The scene gets cleaned up, objects get moved and repairs are made. It’s why judges order jurors in many trials not to visit the scene on their own.
Craig Trocino, a University of Miami law professor who has represented defendants appealing their death sentences, said the visit — combined with the myriad graphic videos and photos jurors have already seen — could open an avenue for Cruz’s attorneys if they find themselves in the same situation.
“At some point evidence becomes inflammatory and prejudicial,” he said. “The site visit may be a cumulative capstone.”
Cruz’s attorneys have argued that prosecutors have used evidence not just to prove their case, but to inflame the jurors’ passions.
Prosecutors are expected to rest their case shortly after the visit.
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/04/jurors-visit-still-bloodstained-parkland-school-building/ | 2022-08-04T12:15:37Z |
[Press: Click Here for video. Click here for press kit]
MIAMI, Sept. 7, 2022 /PRNewswire/ -- Adsmovil USA, a minority-owned and certified leading pioneer in Hispanic mobile advertising and digital media today announced the launch of Nuestra.TV, a free video-streaming service created to entertain, inform, and empower Hispanic audiences across cultural diversity, generations, languages, and devices.
Launched with more than 40+ FAST channels and 15,000+ hours of premium video on demand (VOD) content, reflecting the full breadth and diversity of the Hispanic community, Nuestra.TV (Our.TV) was created and customized for each member of la familia. Its fully downloadable content library includes premiere productions in English and Spanish from the U.S., Latin America, and Spain, as well as compelling original content for bilingual/bicultural consumers from celebrated creators. Nuestra.TV will also offer educational programming to empower its audiences, in addition to gaming, podcasts, UGC, live news, and music events.
Nuestra.TV will feature top-performing movies and TV series, including VIP 2000 TV, The Country Network, Planet EAT, Young Hollywood, Caracol, Mega Global Entertainment, RM Vistar, and Spanglish Films. The new platform will also offer popular novelas, from classics, to modern hits, starring the biggest novela stars, in addition to live news and live sports.
Nuestra.TV's programming line-up will also include original bicultural content, including reality road trip "Latina Approved: Buen Provecho;" docuSeries "Nuestro Stories" that tells the origins of Latino traditions; animated children's series "MariVi: the Master Navigator" following a first-generation immigrant family and their U.S. born daughter; and financial educational video series "SUMA Wealth: Boot Camp".
Headquartered in Miami, Florida, Nuestra.TV was created by Adsmovil CEO Alberto Pardo, a digital media pioneer, to both meet the high demand for premium streaming content and better serve the wide range of audiences that make up the Hispanic community.
"We have over a decade of experience creating content and reaching Hispanics, across generations, cultural origins, and languages, and with Nuestra.TV we are uniquely positioned to provide Hispanic cord cutters with a platform that is inclusive and authentic. Nuestra.TV was created for all Hispanics. including the often overlooked bilingual/bicultural Hispanic," said Alberto Pardo, President, and CEO, Nuestra.TV.
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SOURCE Adsmovil | https://www.wibw.com/prnewswire/2022/09/07/nuestratv-new-free-bilingual-on-demand-video-streaming-platform-adsmovil-launches-entertain-empower-hispanics-across-generations-language/ | 2022-09-07T15:13:48Z |
Jackson school board plans to buy two school buses
The Repository
Jackson Local Schools Board of Education
Tuesday meeting
ACTION: Approved putting the purchase of two school buses out for bid.
DISCUSSION: The board approved putting the purchase of the 72-passenger school buses.
OTHER ACTION:
- Approved a trip to Hawaii for the Jackson High band in November 2023 to play for the 82nd anniversary of the attack on Pearl Harbor. The band is starting to plan now so they have time to do fundraising.
- Approved the 2022-23 meal prices.
- Accepted seven resignations.
- Heard the semi-annual harassment intimidation and bullying report. There were seven incidents reported with five being substantiated.
NEXT: Meet 11:30 a.m. July 19 at Jackson High. The regular meeting follows the annual Board of Education work session.
Patricia Faulhaber | https://www.cantonrep.com/story/news/2022/06/22/jackson-school-board-plans-buy-two-school-buses/7698617001/ | 2022-06-22T16:09:53Z |
Practice joins Affordable Care's national network of supported dental practices
- Patients at the new practice benefit from 10 percent off all dentures through July 29, 2022 and a Best Price Guarantee
- Variety of payment options including financing and insurance available
WILKES-BARRE, Pa., May 27, 2022 /PRNewswire/ -- The new Affordable Dentures & Implants practice in Wilkes-Barre, Pennsylvania, located at 2298 Wilkes-Barre Township Boulevard, is now open. The practice joins the nation's largest provider network of dental practices – supported by Affordable Care – that focus exclusively on tooth replacement services.
From extractions and partial dentures to full dentures and dental implants, including implant-secured dentures, Affordable Dentures & Implants in Wilkes-Barre offers high-quality, affordable tooth replacement care to create a new smile that not only looks great, but has the potential to transform a patient's life, allowing them to eat, speak and smile with confidence again. The practice features an on-site dental lab, along with the latest state-of-the-art technology, including a CBCT scanner for a more accurate image of a patient's mouth. In addition, Affordable Dentures & Implants practices provide a variety of sedation options.
Donna C. Jones, DMD, General Dentist, and the Affordable Dentures & Implants team in Wilkes-Barre are proud to offer professional and compassionate care to patients. The practice is open 8 a.m. to 5 p.m. Monday through Friday. For more information, including the practice's enhanced COVID-19 safety protocols, or to schedule an appointment, visit the practice website or call 570-606-3770.
About Affordable Dentures & Implants®
Affordable Dentures & Implants practices make tooth replacement affordable for everyone. Founded in 1975 in Kinston, North Carolina, Affordable Dentures & Implant practices form the largest network of dental providers in the U.S., solely focused on tooth replacement solutions -- including dentures, dental implants, and fixed arch solutions -- with more than 400 locations across 42 states. The mission of Affordable Dentures & Implants practices is to provide a smile for every budget, delivered with compassion, dignity and respect. Visit affordabledentures.com, and follow us on Facebook, Instagram and LinkedIn.
About Affordable Care
Affordable Care is America's largest dental support organization exclusively focused on tooth replacement services. Our team proudly supports more than 400 affiliated dental practices, including Affordable Dentures & Implants, DDS Dentures + Implant Solutions and Advanced Dental Implant Center, in 42 states by providing innovative, non-clinical business and administrative support services to assist affiliated dental practices in providing their patients with access to high-quality, affordable tooth replacement solutions. More than 8 million patients have received care at an Affordable Care-supported dental practice. Visit affordablecare.com and follow us on LinkedIn and Twitter.
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SOURCE Affordable Care | https://www.mysuncoast.com/prnewswire/2022/05/27/grand-opening-affordable-dentures-amp-implants-wilkes-barre-pennsylvania-enhances-patient-access-high-quality-affordable-dental-care/ | 2022-05-27T15:13:04Z |
Foil balloons, fireworks and power lines don't mix
AKRON, Ohio, June 30, 2022 /PRNewswire/ -- With the Fourth of July fast approaching and the summer months upon us, FirstEnergy Corp. (NYSE: FE) is reminding the public to be cautious of potential electrical hazards associated with popular outdoor activities. Celebrating responsibly will help keep customers safe and the electricity flowing reliably this season.
"As we prepare for parades, barbeques and outdoor fun, we encourage everyone to keep electrical safety top of mind to ensure a safe holiday and summer season," said Chad Stoneking, director of Safety Operations at FirstEnergy. "Enjoying the season responsibly can also help prevent unnecessary disruptions to your electric service during a time when many people rely on their air conditioning to stay cool and comfortable."
Foil balloons and fireworks are two of the most common and festive ways to celebrate Independence Day. However, they can create safety issues and cause major damage to the electric system when they are used near power lines and electrical equipment.
While foil balloons have increased in popularity as holiday and party decorations, they continue to cause many power outages because their metallic coating conducts electricity when they drift into power lines or electrical equipment. February typically marks the onset of a dramatic increase in outages caused by adrift metallic balloons that peaks in June or July, when warm weather takes celebrations and picnics outdoors. Over recent months, foil balloons were to blame for nearly 60 power outages across FirstEnergy's six-state service area.
Customers should securely tie helium-filled foil balloons to a weight that is heavy enough to prevent them from floating away, and then puncture and deflate them once they are no longer in use because they can stay inflated for several weeks. Never release them into the sky.
FirstEnergy also encourages customers to leave the large, colorful fireworks displays to the professionals. Extra caution should be used when handling fireworks, firecrackers and rockets at home, and they should only be lit in open areas where no power lines are in sight. Should a firework accidentally come in contact with a power line or equipment, leave it alone and immediately call 911 to report the problem.
To help ensure holidays and celebrations are enjoyed responsibly, customers should keep the following outdoor safety tips in mind:
- Never fly kites, motorized airplanes or drones near power lines. While kites almost always use cotton string, wet cotton string can conduct electricity as well as metal string.
- Never attempt to retrieve any type of object that gets caught in a power line or drifts or crashes into a substation. Leave it alone and immediately call FirstEnergy at 888-544-4877 to report the problem.
- Keep electrical devices and cords at least 10-feet away from water sources such as pools and spas. When possible, use battery-operated electrical devices outside.
- All outdoor receptacles should be covered to keep them dry. This is especially important around pools, spas and other summer water activities.
- When hauling a boat, make sure it clears overhead power lines and stay away from power lines when sailing.
- Never climb a tree that is growing near or into overhead lines or near a utility pole. Also, never climb utility poles or other infrastructure, in particular transmission towers or substation fences. These activities are extremely hazardous and can result in very severe injuries.
- Stay far away from a downed or low-hanging power line. Always assume any downed wires are energized and dangerous. Report them ASAP by calling 911.
Visit www.firstenergycorp.com/publicsafety to learn about FirstEnergy's "Stop. Look. Live." safety campaign to educate the public about staying safe around electricity and near power lines and equipment.
FirstEnergy is dedicated to integrity, safety, reliability and operational excellence. Its 10 electric distribution companies form one of the nation's largest investor-owned electric systems, serving customers in Ohio, Pennsylvania, New Jersey, West Virginia, Maryland and New York. The company's transmission subsidiaries operate approximately 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions. Visit FirstEnergy online at www.firstenergycorp.com and follow FirstEnergy and its operating companies on Twitter @FirstEnergyCorp, @OhioEdison, @ToledoEdison, @IlluminatingCo, @W_Penn_Power, @Penn_Power, @Penelec, @Met_Ed, @JCP_L, @PotomacEdison, @MonPowerWV.
Editor's Note: A video discussing the hazards posed by foil balloons and tips for safe disposal is available here on FirstEnergy's YouTube channel. B-Roll can be found here.
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SOURCE FirstEnergy Corp. | https://www.wibw.com/prnewswire/2022/06/30/firstenergy-reminds-public-have-safety-first-summer/ | 2022-06-30T17:07:09Z |
C-Path, NORD and FDA to host annual workshop September 13-14 to highlight the impact of their innovative data and analytics platform on rare disease drug development
TUCSON, Ariz. and WASHINGTON, Aug. 25, 2022 /PRNewswire/ -- The Rare Disease Cures Accelerator-Data and Analytics Platform initiative (RDCA-DAP®) will host its in-person annual workshop on September 13 and 14 at the Westin Crystal City. RDCA-DAP is funded by the US Food and Drug Administration (FDA), with the goal of transforming rare disease data into solutions to accelerate the development of therapies across rare diseases.
The 1.5-day workshop will include a keynote address by Theresa Mullin, Ph.D., Associate Director for Strategic Initiatives, FDA, Center for Drug Evaluation and Research (CDER), and feature other key speakers and panelists from FDA, industry, academia, and patient representatives. Case studies will be shared from users of the platform, sessions covering critical topics on the impact of RDCA-DAP on accelerating drug development for rare diseases, as well as active discussions around data privacy and standards, and much more. A key objective of the workshop is to continue to energize the rare disease community to continue to lead the way in actionable data sharing to accelerate medical product development for patients in need.
RDCA-DAP was created through a partnership between Critical Path Institute (C-Path), the National Organization for Rare Disorders (NORD®) and the FDA, and has grown to include collaborations between a variety of stakeholders throughout the rare disease community. The platform serves as a centralized and standardized infrastructure to host and share data, to support and accelerate rare disease innovation.
Attendees of the in-person workshop will have the opportunity to explore:
- The impact of RDCA-DAP on drug development in rare diseases to date and envisioned impact for the future.
- Perspectives from patients, regulators, and industry on current and future impact.
- RDCA-DAP's unique support of multiple use cases across rare diseases.
- The role the rare disease community and patient advocacy groups can play in generating actionable solutions to accelerate drug development.
This is the fourth annual meeting for RDCA-DAP, and the first time the event will be held in person since the program's launch in 2019. Registration for the annual workshop is limited, so reserve a spot today. Registration is free and open to all rare disease community members and stakeholders, including members of the press. View the current agenda here.
To request access to RDCA-DAP, apply directly on the platform. To submit critical rare disease data, contact the project team at rdcadap@c-path.org or visit the website.
Critical Path Institute (C-Path) is an independent, nonprofit organization established in 2005 as a public and private partnership. C-Path's mission is to catalyze the development of new approaches that advance medical innovation and regulatory science, accelerating the path to a healthier world. An international leader in forming collaborations, C-Path has established numerous global consortia that currently include more than 1,600 scientists from government and regulatory agencies, academia, patient organizations, disease foundations, and dozens of pharmaceutical and biotech companies. C-Path U.S. is headquartered in Tucson, Arizona and C-Path, Ltd. EU is headquartered in Dublin, Ireland, with additional staff in multiple other locations. For more information, visit c-path.org and c-path.eu.
Critical Path Institute is supported by the Food and Drug Administration (FDA) of the U.S. Department of Health and Human Services (HHS) and is 54.2% funded by the FDA/HHS, totaling $13,239,950, and 45.8% funded by non-government source(s), totaling $11,196,634. The contents are those of the author(s) and do not necessarily represent the official views of, nor an endorsement by, FDA/HHS or the U.S. Government.
The National Organization for Rare Disorders (NORD) is the leading independent advocacy organization representing all patients and families affected by rare diseases in the United States. NORD began as a small group of patient advocates that formed a coalition to unify and mobilize support to pass the Orphan Drug Act of 1983. Since then, the organization has led the way in voicing the needs of the rare disease community, driving supportive policies, furthering education, advancing medical research, and providing patient and family services for those who need them most. Together with over 300 disease-specific member organizations, more than 17,000 Rare Action Network advocates across all 50 states, and national and global partners, NORD delivers on its mission to improve the lives of those impacted by rare diseases. Visit rarediseases.org.
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SOURCE National Organization for Rare Disorders (NORD) | https://www.wibw.com/prnewswire/2022/08/25/upcoming-rare-disease-workshop-focuses-importance-data-sharing-drug-development/ | 2022-08-25T14:53:35Z |
Kansas’ first transgender lawmaker not seeking reelection
TOPEKA, Kan. (AP) - Kansas’ first transgender state legislator is not seeking reelection, saying Friday that she is moving to Texas so that she can help care for her wife’s aging parents.
Democratic state Rep. Stephanie Byers, of Wichita, was elected in 2020 and quickly became a leading opponent of Republican proposals to ban transgender athletes from girls’ and women’s school and college sports. Democratic Gov. Laura Kelly vetoed such GOP proposals this year and last year.
Byers also was in a media spotlight in April when another Wichita-area lawmaker, Republican state Rep. Cheryl Helmer, complained in an email to a college student about the “transgender female who is now in our restrooms in the Capitol.”
Byers filed paperwork Friday with the Kansas secretary of state’s office to withdraw as a candidate in her Democratic-leaning district. She said her decision wasn’t influenced by Helmer’s comments or any legislative debates.
“If anything, if I see a fire, I run into it,” Byers told reporters. “For anybody who thinks that I’m running from a fight, I’m moving to Texas.”
Texas has a law on transgender athletes, and GOP Gov. Greg Abbott has ordered the state welfare agency to investigate reports of gender-confirming care for children as abuse. Byers is moving to San Antonio and said she may eventually run for elected office there.
Byers is a 59-year-old retired high school music teacher and band director. She has served on two education committees and another that dealt with water issues.
Meanwhile, a transgender woman, Jaelynn Abegg, is running as a Democrat in a Republican-leaning state House district in Wichita. Abegg is a 37-year-old audio producer, musician and singer-songwriter, and she called Byers “an incredibly strong advocate” for transgender youth.
“She’s done an incredible amount of work and an incredible amount of fighting,” Abegg said of Byers.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/06/13/kansas-first-transgender-lawmaker-not-seeking-reelection/ | 2022-06-13T17:41:02Z |
SABINAS, Mexico (AP) — Round-the-clock pumping slightly lowered the level of water inside the flooded shafts of a coal mine where 10 miners were trapped in northern Mexico, but two days after a collapse it remained too high for anyone to attempt a rescue, authorities said Friday.
National Civil Defense Coordinator Laura Velázquez said it was “indispensable” to reduce the amount of water in the 200-foot deep mine shafts before divers or any other specialized personnel could enter. Workers were simultaneously trying to block new water from entering the shafts.
The mine in Sabinas, Coahuila, about 70 miles southwest of Eagle Pass, Texas collapsed while 15 miners were inside working Wednesday afternoon. Five managed to escape with injuries. Authorities say the miners breached a neighboring space filled with water. There has been no contact with the miners since the collapse.
Javier Martínez, the Coahuila state delegate of the National Mine Workers Union, said the area where the mine was operating is full of old abandoned mines that are often flooded. He said locals sometimes get small concessions and then contract groups of non-unionized miners to work, usually without safety measures like ventilation systems, emergency exit shafts and security equipment.
Such operations are not supervised by the Labor Secretary, he said.
Accidents in such shoestring operations are common because miners work without maps, often with pneumatic hammers that punch into old mine shafts filled with water, he said.
In this case, the miners’ chances of survival are “complicated,” and would depend on the force of entering water, the amount of mud it carried, whether it swept away the wooden supports holding up the shaft’s walls and if the miners could reach a nook with air.
“I thank God because it’s advancing, little by little it’s advancing,” said Elizabeth Vielma Moreno, a relative of one of the miners.
In June and July of 2021, cave-ins at two Coahuila mines claimed the lives of nine miners.
Mexico’s worst mining accident also occurred in Coahuila on Feb. 19, 2006, when an explosion ripped through the Pasta de Conchos mine while 73 miners were inside. Eight were rescued with injuries including serious burns. The rest died and only two of their bodies were recovered.
López Obrador’s administration promised two years ago to recover the remaining 63 bodies, a highly technical endeavor that has still not begun.
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Sánchez reported from Mexico City. | https://cw33.com/news/international/ap-international/efforts-continue-to-reach-10-miners-northern-mexico/ | 2022-08-05T20:23:42Z |
Chris Klieman excited about competition and offense in 2022
MANHATTAN, Kan. (WIBW) - The Kansas State football team held its first preseason camp ahead of the new season and head coach Chris Klieman is encouraged with what his team has to offer.
The Wildcats went 8-5 last season and 4-5 Big 12 play. Klieman’s squad is led by Running back Deuce Vaughn, Nebraska transfer, quarterback Adrian Martinez, Wide receiver Malik Knowles, Defensive end Felix Anudike-Uzomah among others.
K-State received votes in the AFCA Coaches Preseason Poll that was released Monday afternoon, but they did not crack the top 25.
Klieman says they have a lot of competition this year and that’s a promising sign for his team.
“We have a lot of guys back at certain spots but we have a lot of positions up for grabs... more competition this year at a number of positions than we’ve had since I’ve been here. I know as a coaching staff, we’re excited about building depth as well as having really good competition on a daily basis to push each other,” Klieman said.
He’s been impressed with Offensive Coordinator and Quarterbacks Coach Collin Klein and how he’s building his brand with the quarterbacks.
”I know that coach Klein is excited for the opportunity, I’m excited for him,” Klieman said. “It’s going to be really neat to watch him grow in the position and watch him put his own spin on it, take his own ownership and he commands the room. There is no question about that and the guys respond to him, not just quarterbacks but everybody responds to him. We have a really good chemistry in that offensive staff.”
Klieman says they will have to be more creative with Running back Deuce Vaughn this year to create bad matchups for others keep them off balance. He believes, Martinez and the offense will make that happen with Martinez leading the way.
“He’s been really sharp. He’s done a nice job. He continues to learn what we’re doing. I know that he and coach Klein and the QB’s... I think just to continue to absorb more and more of the playbook and feeling more and more comfortable with the offensive schemes. I’ve seen some really good things, throwing the ball, running the ball and getting us in the right play.”
He went on to say Will Howard has also impressed and that he and Martinez have leaned on each other a lot in the spring and now the fall.
The Wildcats first game is Sept. 3 at home again South Dakota with kick off at six.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/08/09/chris-klieman-excited-about-competition-offense-2022/ | 2022-08-09T03:36:34Z |
TORONTO, Aug. 8, 2022 /PRNewswire/ - Denison Mines Corp. ("Denison" or the "Company") (TSX: DML) (NYSE American: DNN) is pleased to announce that it has received a License to Possess, Use, Store and Transfer a Nuclear Substance ("Nuclear Substance License") from the Canadian Nuclear Safety Commission ("CNSC") for the In-Situ Recovery ("ISR") Feasibility Field Test ("FFT") planned for the Phoenix uranium deposit at the Company's 95% owned Wheeler River project. Receipt of this license, together with the previously announced approval from the Saskatchewan Minister of Environment (see news release dated July 12, 2022), means that the FFT is fully permitted to proceed as per the Company's plans. View PDF version
In accordance with the Nuclear Safety and Control Act, the Nuclear Substance License allows Denison to possess the uranium collected from the operation of the FFT, store the uranium on site, and handle / transfer the recovered material for laboratory analyses.
Kevin Himbeault, Denison's Vice President of Plant Operations & Regulatory Affairs, commented "We are pleased to have received the Nuclear Substance License from the CNSC. With receipt of this license, we are now fully permitted to operate the FFT facilities and carry out the process of recovering a uranium bearing solution from the Phoenix ore body. Overall, Denison was pleased with the CNSC's license review process – particularly given the somewhat novel design of our FFT program and the collaboration necessary to ensure the safe and environmentally responsible handling of a nuclear substance of this nature."
David Cates, Denison's President & CEO, added, "With the successful receipt of a Nuclear Substance License from the CNSC, our technical and regulatory teams have again demonstrated their ability to navigate the applicable regulatory regimes to support our plans to carry out a first-of-its-kind test of the ISR uranium mining method in Canada. Our focus has now transitioned to the timely completion of the construction and operation of the FFT, which represents a very exciting time in the Company's modern history and is expected to generate further important de-risking milestones for the planned Phoenix ISR operation through the balance of the year."
This press release constitutes a "designated news release" for the purposes of the Company's prospectus supplement dated September 28, 2021, to its short form base shelf prospectus dated September 16, 2021.
Following receipt of the Approval to Operate Pollutant Control Facilities from the Saskatchewan Minister of Environment (see news release dated July 12, 2022), earthworks and associated preparation of the site for the FFT facilities commenced at Wheeler River, and construction of the recovered solution management modules is underway in Saskatoon. Procurement efforts have been completed and deliveries of materials are being regularly received.
Figure 1 provides a plan view of the expected FFT site layout. For more information about the temporary surface facilities required to complete the FFT, including additional illustrative figures, please see our news release dated July 12, 2022.
The FFT is designed to use the existing commercial-scale ISR test pattern ("Test Pattern"), installed at Phoenix in 2021 (see news releases dated July 29, 2021, and October 28, 2021), to facilitate a combined assessment of the Phoenix deposit's hydraulic flow properties with the leaching characteristics that have been assessed through the metallurgical core-leach testing program. Overall, the FFT is intended to provide further verification of the permeability, leachability, and containment parameters needed for the successful application of the ISR mining method at Phoenix and is expected to validate and inform various feasibility study design elements – including the production and remediation profiles expected for the project.
The operation of the FFT is planned to occur in three phases: (1) the leaching phase, (2) the neutralization phase, and (3) the recovered solution management phase.
The majority of the test activities (leaching and neutralization phase) will occur within an estimated 60-day operating time frame, with the construction and placement of temporary facilities commencing approximately two months prior to the commissioning of the test facilities and initiation of the leaching phase.
The leaching phase is designed to assess the effectiveness and efficiency of the leaching process in the mineralized zone, which is approximately 400m below the surface. The leaching phase includes the controlled injection of an acidic solution into a portion of the existing Test Pattern within the mineralized zone (the "Leaching Zone") and the recovery of the solution back to the surface using existing test wells. The recovered solution from the leaching phase is expected to contain dissolved minerals, including uranium, copper, iron, molybdenum, and zinc.
The neutralization phase involves the recovery of the remainder of the leached mineralized solution from the Leaching Zone and is intended to verify the efficiency and effectiveness of the process for returning the Leaching Zone to environmentally acceptable conditions. During this phase, a mild alkaline (basic) solution will be injected into the Leaching Zone to neutralize the area and reverse the residual effects of the acidic solution injected during the leaching phase.
The recovered solution management phase involves separating the solution recovered from both the leaching phase and the neutralization phase into (i) mineralized precipitates and (ii) a neutralized treated solution.
Wheeler River is the largest undeveloped uranium project in the infrastructure rich eastern portion of the Athabasca Basin region, in northern Saskatchewan – including combined Indicated Mineral Resources of 132.1 million pounds U3O8 (1,809,000 tonnes at an average grade of 3.3% U3O8), plus combined Inferred Mineral Resources of 3.0 million pounds U3O8 (82,000 tonnes at an average grade of 1.7% U3O8). The project is host to the high-grade Phoenix and Gryphon uranium deposits, discovered by Denison in 2008 and 2014, respectively, and is a joint venture between Denison (operator) and JCU (Canada) Exploration Company, Limited ("JCU"). Denison has an effective 95% ownership interest in Wheeler River (90% directly, and 5% indirectly through a 50% ownership in JCU).
A PFS was completed for Wheeler River in 2018, considering the potential economic merit of developing the Phoenix deposit as an ISR operation and the Gryphon deposit as a conventional underground mining operation. Taken together, the project is estimated to have mine production of 109.4 million pounds U3O8 over a 14-year mine life, with a base case pre-tax NPV of $1.31 billion (8% discount rate), Internal Rate of Return ("IRR") of 38.7%, and initial pre-production capital expenditures of $322.5 million. The Phoenix ISR operation is estimated to have a stand-alone base case pre-tax NPV of $930.4 million (8% discount rate), IRR of 43.3%, initial pre-production capital expenditures of $322.5 million, and industry-leading average operating costs of US$3.33/lb U3O8. The PFS is prepared on a project (100% ownership) and pre-tax basis, as each of the partners to the Wheeler River Joint Venture are subject to different tax and other obligations.
Further details regarding the PFS, including additional scientific and technical information, as well as after-tax results attributable to Denison's ownership interest, are described in greater detail in the NI 43-101 Technical Report titled "Pre-feasibility Study for the Wheeler River Uranium Project, Saskatchewan, Canada" dated October 30, 2018, with an effective date of September 24, 2018. A copy of this report is available on Denison's website and under its profile on SEDAR at www.sedar.com and on EDGAR at www.sec.gov/edgar.shtml.
Denison suspended certain activities at Wheeler River during 2020, including the EA process, which is on the critical path to achieving the project development schedule outlined in the PFS. While the EA process has resumed, the Company is not currently able to estimate the impact to the project development schedule outlined in the PFS, and users are cautioned against relying on the estimates provided therein regarding the start of pre-production activities in 2021 and first production in 2024.
Denison is a uranium exploration and development company with interests focused in the Athabasca Basin region of northern Saskatchewan, Canada. In addition to its effective 95% interest in the Wheeler River project, Denison's interests in the Athabasca Basin include a 22.5% ownership interest in the McClean Lake joint venture, which includes several uranium deposits and the McClean Lake uranium mill that is contracted to process the ore from the Cigar Lake mine under a toll milling agreement, plus a 25.17% interest in the Midwest Main and Midwest A deposits, and a 66.90% interest in the Tthe Heldeth Túé ("THT", formerly J Zone) and Huskie deposits on the Waterbury Lake property. The Midwest Main, Midwest A, THT and Huskie deposits are each located within 20 kilometres of the McClean Lake mill.
Through its 50% ownership of JCU, Denison holds additional interests in various uranium project joint ventures in Canada, including the Millennium project (JCU 30.099%), the Kiggavik project (JCU 33.8118%) and Christie Lake (JCU 34.4508%). Denison's exploration portfolio includes further interests in properties covering approximately300,000 hectares in the Athabasca Basin region.
Denison is also engaged in post-closure mine care and maintenance services through its Closed Mines group (formerly Denison Environmental Services), which manages Denison's reclaimed mine sites in the Elliot Lake region and provides related services to certain third-party projects.
Follow Denison on Twitter: DenisonMinesCo
The disclosure of scientific or technical information related to the FFT or Wheeler River project contained in this release has been reviewed and approved, as applicable, by Mr. David Bronkhorst, P.Eng, Denison's Vice President, Operations or Mr. Andrew Yackulic, P. Geo., Denison's Director, Exploration, who are Qualified Persons in accordance with the requirements of NI 43-101.
Certain information contained in this news release constitutes 'forward-looking information', within the meaning of the applicable United States and Canadian legislation, concerning the business, operations and financial performance and condition of Denison. Generally, these forward-looking statements can be identified by the use of forward-looking terminology such as 'potential', 'plans', 'expects', 'budget', 'scheduled', 'estimates', 'forecasts', 'intends', 'anticipates', or 'believes', or the negatives and/or variations of such words and phrases, or state that certain actions, events or results 'may', 'could', 'would', 'might' or 'will' 'be taken', 'occur' or 'be achieved'.
In particular, this news release contains forward-looking information pertaining to the following: expectations with respect to the FFT program, scope, required permitting, timing and the anticipated results thereof; and expectations regarding its joint venture ownership interests and the continuity of its agreements with its partners and third parties.
Forward-looking statements are based on the opinions and estimates of management as of the date such statements are made, and they are subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of Denison to be materially different from those expressed or implied by such forward-looking statements. For example, the modelling and assumptions upon which the work plans for exploration and/or the Wheeler River Project are based may not be maintained after further work is completed. In addition, Denison may decide or otherwise be required to discontinue exploration, testing, evaluation and development work if it is unable to maintain or otherwise secure the necessary resources (such as testing facilities, capital funding, regulatory approvals, etc.). Denison believes that the expectations reflected in this forward-looking information are reasonable but no assurance can be given that these expectations will prove to be accurate and results may differ materially from those anticipated in this forward-looking information. For a discussion in respect of risks and other factors that could influence forward-looking events, please refer to the factors discussed in Denison's Annual Information Form dated March 25, 2022, or subsequent quarterly financial reports under the heading 'Risk Factors'. These factors are not, and should not be construed as being exhaustive.
Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking information contained in this news release is expressly qualified by this cautionary statement. Any forward-looking information and the assumptions made with respect thereto speaks only as of the date of this news release. Denison does not undertake any obligation to publicly update or revise any forward-looking information after the date of this news release to conform such information to actual results or to changes in Denison's expectations except as otherwise required by applicable legislation.
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SOURCE Denison Mines Corp. | https://www.kxii.com/prnewswire/2022/08/08/denison-announces-phoenix-isr-feasibility-field-test-is-fully-permitted/ | 2022-08-08T12:41:43Z |
ROCHESTER, N.Y., Aug. 11, 2022 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of Smart Glasses and Augmented Reality (AR) technology and products, announced it has received a follow-on six-figure order for additional pre-production units from a global Tier-1 aerospace and defense firm for their customized avionics waveguide-based head mounted display (HMD) system.
The customized HMD waveguide and HD display engine development program with this customer continues to expand and move toward production. Vuzix has completed multiple stages of product development and refinement with this partner and is getting very close to meeting the customer's requirements for production roll-out.
"On the heels of last week's L3Harris announcement, this follow-on order demonstrates that Vuzix is continuing to move forward with several other large aerospace and defense players, in this particular case as they finalize their solution and pursue multiple production opportunities," said Paul Travers, President and CEO of Vuzix. "OEM custom waveguide-based projects such as this represent a profitable vehicle for leveraging our extensive optical expertise and IP as well as our US production facilities. We look forward to announcing further developments with this firm, as well as numerous other programs around Vuzix growing OEM business."
About Vuzix Corporation
Vuzix is a leading supplier of Smart Glasses and Augmented Reality (AR) technologies and products for the consumer and enterprise markets. The Company's products include personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented reality. Vuzix holds 247 patents and patents pending and numerous IP licenses in the Video Eyewear field. The Company has won Consumer Electronics Show (or CES) awards for innovation for the years 2005 to 2022 and several wireless technology innovation awards among others. Founded in 1997, Vuzix is a public company (NASDAQ: VUZI) with offices in Rochester, NY, Oxford, UK, and Tokyo, Japan. For more information, visit the Vuzix website, Twitter and Facebook pages.
Forward-Looking Statements Disclaimer
Certain statements contained in this news release are "forward-looking statements" within the meaning of the Securities Litigation Reform Act of 1995 and applicable Canadian securities laws. Forward looking statements contained in this release relate to Vuzix' business growth with this aerospace and defense partner, further orders, the ultimate success of this program and among other things the Company's leadership in the Smart Glasses and AR display industry. They are generally identified by words such as "believes," "may," "expects," "anticipates," "should" and similar expressions. Readers should not place undue reliance on such forward-looking statements, which are based upon the Company's beliefs and assumptions as of the date of this release. The Company's actual results could differ materially due to risk factors and other items described in more detail in the "Risk Factors" section of the Company's Annual Reports and MD&A filed with the United States Securities and Exchange Commission and applicable Canadian securities regulators (copies of which may be obtained at www.sedar.com or www.sec.gov). Subsequent events and developments may cause these forward-looking statements to change. The Company specifically disclaims any obligation or intention to update or revise these forward-looking statements as a result of changed events or circumstances that occur after the date of this release, except as required by applicable law.
Vuzix Media and Investor Relations Contact:
Ed McGregor, Director of Investor Relations,
Vuzix Corporation
ed_mcgregor@vuzix.com
Tel: (585) 359-5985
Vuzix Corporation, 25 Hendrix Road, West Henrietta, NY 14586 USA,
Investor Information – IR@vuzix.com www.vuzix.com
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SOURCE Vuzix Corporation | https://www.mysuncoast.com/prnewswire/2022/08/11/vuzix-receives-order-additional-units-waveguide-based-hmd-system-global-tier-1-aerospace-defense-firm/ | 2022-08-11T18:56:15Z |
- Total Company sales increase 12 percent
- Reports EPS of $0.77 and adjusted EPS of $0.811
- Updating fiscal year outlook to reflect revised plans for second half
SEATTLE, Aug. 23, 2022 /PRNewswire/ -- Nordstrom, Inc. (NYSE: JWN) today reported second quarter net earnings of $126 million and earnings per diluted share ("EPS") of $0.77 for the quarter ended July 30, 2022. Excluding costs associated with the wind-down of Trunk Club, the Company reported adjusted earnings per share of $0.81.1
For the second quarter, net sales increased 12.0 percent versus the same period in fiscal 2021, exceeding pre-pandemic sales levels, and gross merchandise value ("GMV") increased 12.2 percent. Anniversary Sale timing, with one week shifting from the third quarter to the second quarter, had a positive impact of approximately 200 basis points on net sales compared with 2021. During the quarter, Nordstrom banner net sales increased 14.7 percent and GMV increased 14.9 percent. Net sales for Nordstrom Rack increased 6.3 percent.
"We delivered solid results in the second quarter, with topline growth, increased profitability and continued progress in our strategic initiatives," said Erik Nordstrom, chief executive officer of Nordstrom, Inc. "While our quarterly results were consistent with our previous outlook, customer traffic and demand decelerated significantly beginning in late June, predominantly at Nordstrom Rack. We are adjusting our plans and taking action to navigate this dynamic in the short term, including aligning inventory and expenses to recent trends, and we remain confident in our ability to deliver on our long-term strategic and financial goals."
In the second quarter, men's apparel had the strongest growth versus 2021, and shoes, women's apparel and beauty also had double-digit growth, as customers updated their wardrobes and returned to occasions. Total Anniversary event sales increased 5 percent, including one day of the event that fell in the third quarter.
"We elevated the customer experience and increased engagement during this year's Anniversary Sale, and we're proud of our team's execution and dedication to customers," said Pete Nordstrom, president and chief brand officer of Nordstrom, Inc. "As we look to the second half of the year, we are aggressively right-sizing our inventory while investing in supply chain and merchandising capabilities that will benefit us in 2023 and beyond."
As previously announced on August 17, 2022, the board of directors declared a quarterly cash dividend of $0.19 per share to be paid to shareholders of record at the close of business on August 30, 2022, payable on September 14, 2022. During the second quarter, the Company repurchased 1.5 million shares of its common stock for $35 million under its $500 million share repurchase program, which was previously announced as authorized by the board of directors on May 18, 2022. A total capacity of $465 million remains available under this share repurchase authorization.
SECOND QUARTER 2022 SUMMARY
- Total Company net sales increased 12.0 percent and GMV increased 12.2 percent compared with the same period in fiscal 2021. The timing shift of the Anniversary Sale, with one day falling into the third quarter of 2022 versus roughly one week in 2021, had a positive impact on net sales of approximately 200 basis points compared with the second quarter of 2021.
- For the Nordstrom banner, net sales increased 14.7 percent, improving sequentially from the first quarter versus pre-pandemic sales levels, and GMV increased 14.9 percent compared with the same period in fiscal 2021. The timing shift of the Anniversary Sale had a positive impact on Nordstrom banner net sales of approximately 400 basis points compared with the second quarter of 2021.
- For the Nordstrom Rack banner, net sales increased 6.3 percent compared with the same period in fiscal 2021, improving sequentially from the first quarter versus pre-pandemic sales levels.
- Digital sales increased 6.3 percent compared with the same period in fiscal 2021. The timing shift of the Anniversary Sale had a positive impact on Company digital sales of approximately 400 basis points compared with the second quarter of 2021. Digital sales represented 38 percent of total sales during the quarter.
- Gross profit, as a percentage of net sales, of 35.2 percent increased 65 basis points compared with the same period in fiscal 2021 primarily due to leverage on buying and occupancy costs, partially offset by higher markdown rates.
- Ending inventory increased 9.9 percent compared with the same period in fiscal 2021, versus a 12.0 percent increase in sales.
- Selling, general and administrative expenses, as a percentage of net sales, of 32.8 percent decreased 15 basis points compared with the same period in fiscal 2021 primarily due to leverage on higher sales, partially offset by higher labor expense.
- Earnings before interest and tax ("EBIT") was $202 million in the second quarter of 2022, compared with $151 million during the same period in fiscal 2021, primarily due to higher sales, partially offset by higher markdowns and higher labor expense. Adjusted EBIT of $210 million for the second quarter of 2022 excluded costs associated with the wind-down of Trunk Club.2
- Interest expense, net, of $34 million decreased from $40 million during the same period in fiscal 2021 as a result of the redemption of $500 million of unsecured notes in the second quarter of 2021.
- Income tax expense was $42 million, or 25.2 percent of pretax earnings, compared with $31 million, or 27.9 percent of pretax earnings, in the same period in fiscal 2021.
- The Company ended the second quarter with $1.3 billion in available liquidity, including $494 million in cash and the full $800 million available on its revolving line of credit. In May 2022, the Company entered into a new $800 million revolving credit agreement expiring in May 2027, replacing its previous revolving credit agreement that was scheduled to expire in September 2023.
STORES UPDATE
To date in fiscal 2022, the Company has opened one store:
The Company has also announced plans to open or relocate the following stores:
The Company had the following store counts as of quarter-end:
FISCAL YEAR 2022 OUTLOOK3
The Company is updating its financial expectations for fiscal 2022 as follows:
CONFERENCE CALL INFORMATION
The Company's senior management will host a conference call to provide a business update and to discuss second quarter 2022 financial results and fiscal 2022 outlook at 4:45 p.m. EDT today. To listen to the live call online and view the speakers' prepared remarks and the conference call slides, visit the Investor Relations section of the Company's corporate website at investor.nordstrom.com. An archived webcast with the speakers' prepared remarks and the conference call slides will be available in the Quarterly Results section for one year. Interested parties may also dial 201-689-8354. A telephone replay will be available beginning approximately three hours after the conclusion of the call by dialing 877-660-6853 or 201-612-7415 and entering Conference ID 13731473, until the close of business on August 30, 2022.
ABOUT NORDSTROM
At Nordstrom, Inc. (NYSE: JWN), we exist to help our customers feel good and look their best. Since starting as a shoe store in 1901, how to best serve customers has been at the center of every decision we make. This heritage of service is the foundation we're building on as we provide convenience and true connection for our customers. Our digital-first platform enables us to serve customers when, where and how they want to shop – whether that's in-store at more than 350 Nordstrom, Nordstrom Local and Nordstrom Rack locations or digitally through our Nordstrom and Rack apps and websites. Through it all, we remain committed to leaving the world better than we found it.
Certain statements in this press release contain or may suggest "forward-looking" information (as defined in the Private Securities Litigation Reform Act of 1995) that involves risks and uncertainties that could cause results to be materially different from expectations. The words "will," "may," "designed to," "outlook," "believes," "should," "targets," "anticipates," "assumptions," "plans," "expects" or "expectations," "intends," "estimates," "forecasts," "guidance" and similar expressions identify certain of these forward-looking statements. The Company also may provide forward-looking statements in oral statements or other written materials released to the public. All statements contained or incorporated in this press release or in any other public statements that address such future events or expectations are forward-looking statements. Important factors that could cause actual results to differ materially from these forward-looking statements are detailed in the Company's Annual Report on Form 10-K for the fiscal year ended January 29, 2022 and its Form 10-Q for the fiscal quarter ended April 30, 2022. These forward-looking statements are not guarantees of future performance and speak only as of the date made, and, except as required by law, the Company undertakes no obligation to update or revise any forward-looking statements to reflect subsequent events, new information or future circumstances. In addition, the actual timing, price, manner and amounts of future share repurchases, if any, will be subject to market and economic conditions and applicable Securities and Exchange Commission rules.
NORDSTROM, INC.
SUMMARY OF NET SALES
(unaudited; dollars in millions)
Our Nordstrom brand includes Nordstrom.com, TrunkClub.com, Nordstrom-branded U.S. stores, Canada, which includes Nordstrom.ca, Nordstrom Canadian stores and Nordstrom Rack Canadian stores, Nordstrom Local, and ASOS | Nordstrom. Our Nordstrom Rack brand includes NordstromRack.com, Nordstrom Rack-branded U.S. stores and Last Chance clearance stores. The following table summarizes net sales for the quarter and six months ended July 30, 2022, compared with the quarter and six months ended July 31, 2021:
NORDSTROM, INC.
ADJUSTED EBIT, ADJUSTED EBITDA AND ADJUSTED EPS
(NON-GAAP FINANCIAL MEASURES)
(unaudited; amounts in millions, except per share amounts)
Adjusted earnings before interest and income taxes ("EBIT"), adjusted earnings before interest, income taxes, depreciation and amortization ("EBITDA") and adjusted earnings (loss) per diluted share ("EPS") are key financial metrics and, when used in conjunction with GAAP measures, we believe they provide useful information for evaluating our core business performance, enable comparison of financial results across periods and allow for greater transparency with respect to key metrics used by management for financial and operational decision-making. Adjusted EBIT, adjusted EBITDA and adjusted EPS exclude certain items that we do not consider representative of our core operating performance. The financial measure calculated under GAAP which is most directly comparable to adjusted EBIT and adjusted EBITDA is net earnings. The financial measure calculated under GAAP which is most directly comparable to adjusted EPS is earnings (loss) per diluted share.
Adjusted EBIT, adjusted EBITDA and adjusted EPS are not measures of financial performance under GAAP and should be considered in addition to, and not as a substitute for, net earnings, operating cash flows, earnings (loss) per share, earnings (loss) per diluted share or other financial measures performed in accordance with GAAP. Our method of determining non-GAAP financial measures may differ from other companies' financial measures and therefore may not be comparable to methods used by other companies.
The following is a reconciliation of net earnings (loss) to adjusted EBIT and adjusted EBITDA:
The following is a reconciliation of earnings (loss) per diluted share to adjusted EPS:
NORDSTROM, INC.
FISCAL YEAR 2022 FORWARD-LOOKING NON-GAAP MEASURES
(NON-GAAP FINANCIAL MEASURES)
(unaudited)
Our adjusted EBIT as a percent of net sales ("adjusted EBIT margin") and adjusted EPS outlook for fiscal year 2022 excludes the impacts from certain items that we do not consider representative of our core operating performance. These items include the expected full fiscal year 2022 impact associated with the Trunk Club wind-down costs recognized in the first half of 2022 and the gain on the sale of our interest in a corporate office building recognized in the first quarter of 2022.
The following is a reconciliation of net earnings as a percent of net sales to adjusted EBIT margin included within our Fiscal Year 2022 Outlook:
The following is a reconciliation of earnings per diluted share to adjusted EPS included within our Fiscal Year 2022 Outlook:
NORDSTROM, INC.
ADJUSTED RETURN ON INVESTED CAPITAL ("ADJUSTED ROIC")
(NON-GAAP FINANCIAL MEASURE)
(unaudited; dollars in millions)
We believe that Adjusted ROIC is a useful financial measure for investors in evaluating the efficiency and effectiveness of the capital we have invested in our business to generate returns over time. In addition, we have incorporated it in our executive incentive measures and we believe it is an important indicator of shareholders' return over the long term.
Adjusted ROIC is not a measure of financial performance under GAAP and should be considered in addition to, and not as a substitute for, return on assets, net earnings, total assets or other GAAP financial measures. Our method of calculating non-GAAP financial measures may differ from other companies' methods and therefore may not be comparable to those used by other companies. The financial measure calculated under GAAP which is most directly comparable to Adjusted ROIC is return on assets. The following shows the components to reconcile the return on assets calculation to Adjusted ROIC:
NORDSTROM, INC.
ADJUSTED DEBT TO EBITDAR (NON-GAAP FINANCIAL MEASURE)
(unaudited; dollars in millions)
Adjusted debt to earnings before interest, income taxes, depreciation, amortization and rent ("EBITDAR") is one of our key financial metrics and we believe that our debt levels are best analyzed using this measure, as it provides a reflection of our creditworthiness which could impact our credit rating and borrowing costs. This metric is calculated in accordance with the updates in our new Revolver covenant and is a key component in assessing whether our revolving credit facility is secured or unsecured, as well as our ability to make dividend payments and share repurchases. Our goal is to manage debt levels to achieve and maintain investment-grade credit ratings while operating with an efficient capital structure.
Adjusted debt to EBITDAR is not a measure of financial performance under GAAP and should be considered in addition to, and not as a substitute for, debt to net earnings, net earnings, debt or other GAAP financial measures. Our method of calculating a non-GAAP financial measure may differ from other companies' methods and therefore may not be comparable to those used by other companies. The financial measure calculated under GAAP which is most directly comparable to Adjusted debt to EBITDAR is debt to net earnings. The following shows the components to reconcile the debt to net earnings calculation to Adjusted debt to EBITDAR:
NORDSTROM, INC.
FREE CASH FLOW (NON-GAAP FINANCIAL MEASURE)
(unaudited; amounts in millions)
Free Cash Flow is one of our key liquidity measures and, when used in conjunction with GAAP measures, we believe it provides investors with a meaningful analysis of our ability to generate cash from our business.
Free Cash Flow is not a measure of financial performance under GAAP and should be considered in addition to, and not as a substitute for, operating cash flows or other financial measures prepared in accordance with GAAP. Our method of calculating a non-GAAP financial measure may differ from other companies' methods and therefore may not be comparable to those used by other companies. The financial measure calculated under GAAP which is most directly comparable to Free Cash Flow is net cash provided by operating activities. The following is a reconciliation of net cash provided by operating activities to Free Cash Flow:
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SOURCE Nordstrom, Inc. | https://www.kxii.com/prnewswire/2022/08/23/nordstrom-reports-second-quarter-2022-earnings/ | 2022-08-23T21:20:41Z |
SINGAPORE, Aug. 8, 2022 /PRNewswire/ -- Klaytn, the leading Layer-1 blockchain in Asia, has announced its selection of Korea Advanced Institute of Science and Technology (KAIST) and the National University of Singapore (NUS) to host and operate its Blockchain Research Center (BRC) Program. The announcement was unveiled at Korea Blockchain Week by Dr Sangmin Seo, Representative Director, Klaytn Foundation during his 8 August keynote "The Technology Layer for Tomorrow's Metaverse".
BRC is a virtual research institute that aims to advance cutting-edge research for blockchain technology, deepen blockchain capabilities, and support industry growth. With a US$20m funding commitment from Klaytn over the next four years, BRC is to date the world's largest blockchain research center program in terms of known funding size.
With day-to-day operations run by a global research team, headed by KAIST and NUS researchers as Directors, BRC will operate in an open-source manner, where research conducted will be publicly disclosed as research papers or open-source software. External researchers will also be able to participate in ongoing research projects or submit their own proposals. The BRC will share knowledge and research results through community outreach efforts - from conferences to workshops - to carry forward Klaytn's vision to contribute to the blockchain community.
Dr Sangmin Seo, Representative Director, Klaytn Foundation, said, "In line with Klaytn's vision to be the bridge from Web2.0 to Web3.0, bridging the latest findings in blockchain between the research community and industry leaders is key for successful real-world applications in DeFi or the metaverse. Through our BRC program, in collaboration with leading minds from KAIST and NUS, we are delighted to take the next step in bringing our vision to life."
As part of the selection process, interested research institutes and consortiums were required to submit a proposal, outlining the intended operation model and organizational structure for BRC, detailed plans on research and outreach activities, as well as the suggestion evaluation model to measure BRC's progress.
7 proposals from 62 research institutes from 11 countries were received. Through a three-round selection process, proposals were evaluated and scored by the Klaytn Governance Council and third party experts based on their operational competence, as well as research execution and community engagement plans. With the highest score, the research consortium from KAIST and NUS was selected to lead BRC operations.
Dr Neo Yiu, Head of Technology Advocacy at Klaytn Foundation, said, "We look forward to seeing the Blockchain Research Center develop novel research capabilities for blockchains, foster global collaboration, and expand Klaytn's research contribution back to the web3 community and blockchain/distributed ledger technology (DLT) industry."
According to Coindesk's 2021 University Rankings for Blockchain, NUS and KAIST are among the top 30 out of 230 universities worldwide, ranking in 1st and 26th places respectively. Overall, NUS clinched the top ranking due to its multiple blockchain research centers, societies, partnerships, and conferences, as well as its masters program in digital financial technology.
The KAIST/NUS research consortium is led by Dr Min Suk Kang, Assistant Professor, School of Computing, KAIST and Dr Prateek Saxena, Associate Professor, School of Computing, NUS, both of whom hold extensive blockchain research experience. They will work closely with an international team of principal investigators from six other universities - UC Berkeley, Princeton University, Georgia Institute of Technology, Northern Arizona University, Yonsei University, and Carnegie Mellon University – to conduct BRC's research and outreach activities.
Dr Saxena said, "The BRC will deepen the research foundations of blockchain designs and applications. Together with Klaytn, we are delighted to be collectively creating an international platform for impactful research and to advance the global discourse on blockchains. We are excited that researchers from 8 leading international universities have come together towards this shared purpose, creating a unique initiative in the blockchain space."
Dr Kang said, "Our world-class blockchain researchers at the Blockchain Research Center will contribute to the seven pillars of blockchain research: consensus, privacy, network, smart contracts, DeFi, economics/ethics, and metaverse. To further the mass adoption of blockchain technology, the cross-pollination of ideas is key. Through the BRC, we look forward to fostering research and industry collaborations with like-minded participants around the world."
More information about the Blockchain Research Center can be found here.
For media enquiries, please contact:
Kimberley Kok
Corporate Communications Manager, Klaytn Foundation
+65 9189 4648
kimberley.kok@klaytn.foundation
About Klaytn Foundation
Klaytn Foundation is an entity established in Singapore for the decentralization and growth of the Klaytn network. It is responsible for the stable operation of the Klaytn network and various implementations for the development of the Klaytn ecosystem.
For more information, please click here.
About Korea Advanced Institute of Science and Technology (KAIST)
KAIST is the first and top science and technology university in Korea. It was established in 1971 by the Korean government to educate scientists and engineers committed to industrialization and economic growth in Korea. Since then, KAIST and its graduates have been the gateway to advanced science and technology, innovation, and entrepreneurship. On the heels of its phenomenal growth over the past 50 years, KAIST has been recognised as the most innovative University in Asia (2016-2018) and Top-4 Young Universities in the World (2019). At KAIST, five colleges, seven schools, 13 graduate schools, and 27 departments offer a breadth of highly-regarded degree programs as well as interdisciplinary majors.
KAIST is leading innovation by identifying pressing global problems and taking on challenges to address those issues. Currently, there are 152 research institutes and centers at KAIST. Cutting-edge research covering a broad base from AI to sustainability are translating their inventions to address pressing issues around the globe. KAIST has committed to a wide range of science and technology R&D projects since its foundation. KAIST has become an R&D powerhouse in Korea, operating 340 million USD research funds (both from government and industry) in 2020.
Accelerating the journey from idea to impact, KAIST has been the cradle of startups in Korea. KAIST has produced the first generation of venture startup pioneers, beginning in the 1980s. From the 1990s, KAIST alumni have taken the helm, leading the IT industry in Korea and beyond. As of 2019, 1,892 KAIST alumni companies have been founded with their net worth more than 20 billion USD.
For more information, please visit here.
About National University of Singapore
The National University of Singapore (NUS) is Singapore's flagship university, which offers a global approach to education, research and entrepreneurship, with a focus on Asian perspectives and expertise. We have 16 colleges, faculties and schools across three campuses in Singapore, with more than 40,000 students from 100 countries enriching our vibrant and diverse campus community. We have also established our NUS Overseas Colleges programme in more than 15 cities around the world.
Our multidisciplinary and real-world approach to education, research and entrepreneurship enables us to work closely with industry, governments and academia to address crucial and complex issues relevant to Asia and the world. Researchers in our faculties, 30 university- level research institutes, research centres of excellence and corporate labs focus on themes that include energy; environmental and urban sustainability; treatment and prevention of diseases; active ageing; advanced materials; risk management and resilience of financial systems; Asian studies; and Smart Nation capabilities such as artificial intelligence, data science, operations research and cybersecurity.
For more information on NUS, please visit here.
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SOURCE Klaytn Foundation | https://www.kxii.com/prnewswire/2022/08/08/klaytn-spearheads-worlds-largest-blockchain-research-center-program-collaboration-with-top-ranking-universities-kaist-nus/ | 2022-08-08T11:04:42Z |
BOSTON, June 27, 2022 /PRNewswire/ -- A new scorecard released today by Ceres shows that U.S. financial regulators across nine federal agencies have taken 230 actions since April 2021 to tackle the financial risks of climate change, a clear sign of regulatory progress.
The 2022 Climate Risk Scorecard: Assessing U.S. Financial Regulator Action on Climate Financial Risk, provides an in-depth analysis of the action steps that the agencies have taken to protect our capital markets, financial institutions, and communities from the effects of climate risk. Among the agencies scored include the Federal Reserve Bank (The Fed), the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), the National Credit Union Administration (NCUA), the U.S. Securities and Exchange Commission (SEC), the Municipal Securities Rulemaking Board (MSRB), the Commodity Futures Trading Commission (CFTC), the Federal Housing Finance Agency (FHFA), and the U.S. Department of the Treasury.
"The scorecard is designed to both highlight the hard work federal agencies are doing to address climate-related financial risk and draw attention to the areas that need work," said Steven M. Rothstein, Managing Director of the Ceres Accelerator for Sustainable Capital Markets at Ceres. "The goal of these agencies is to ensure the safety and soundness of our financial system. They have identified climate change as a significant financial risk and are working to protect all sectors of our economy from its impacts."
The agencies are members of the U.S. Department of the Treasury's Financial Stability Oversight Committee (FSOC), which mandates collective action and accountability for identifying risks and responding to emerging threats to financial stability of the U.S. economy. In October 2021, the FSOC released a report, affirming for the first time that climate change is an emerging threat to the U.S. financial system.
Key findings include:
- All nine agencies have publicly affirmed climate as a systemic risk to the financial system.
- All nine agencies have made progress in identifying the data needed to evaluate these risks and develop a plan to procure data they need.
- For those agencies with authority that encompasses the needs of financially vulnerable communities, there is greater variation in progress.
- Each agency has designated staff to focus on climate-related risks, with all but one appointing senior staff to lead those teams.
- Several agencies have begun to incorporate climate risk into their supervisory activities.
Media Contact: Reginald Zimmerman, rzimmerman@ceres.org, 617-247-0700 ext. 136
Related Link: https://www.ceres.org/news-center/press-releases/ceres-finds-us-financial-regulators-have-made-significant-progress
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SOURCE Ceres | https://www.wibw.com/prnewswire/2022/06/27/ceres-finds-us-financial-regulators-have-made-significant-progress-addressing-climate-related-financial-risk-over-past-year/ | 2022-06-27T13:58:21Z |
CAMPBELL, Calif., Sept. 1, 2022 /PRNewswire/ -- Barracuda, a trusted partner and leading provider of cloud-first security solutions today announced that security, storage and channel veteran Chris Ross has been appointed Chief Revenue Officer (CRO), responsible for worldwide sales and partnerships. Ross joined Barracuda in 2015 as senior vice president of international sales and brings over 30 years of technology experience to the company.
As CRO, Ross will focus on accelerating the company's current growth trajectory across its geographic sales regions.
"We are delighted that Chris has taken on this role at what is an exciting time for Barracuda," said Hatem Naguib, CEO at Barracuda. "Supported by KKR, we are driving innovation across the business as we evolve our integrated suite of advanced security solutions to meet the needs of customers and partners. Since joining Barracuda, Chris has driven rapid expansion and acceleration of Barracuda's international business. As CRO, he will help our worldwide sales team to harness best practice, power growth, drive efficiency and further deepen the alignment of sales with key supporting functions."
"I am excited to be taking this next step in my journey at Barracuda," said Chris Ross, CRO at Barracuda. "This is a pivotal time for the company, as we embark on the next stage of our accelerated growth journey and complete the acquisition with KKR. I'll be working to integrate our global sales teams and to share and adopt best practices across the teams as we deliver our next generation cloud-first cybersecurity solutions that protect our customers from the ever-evolving threat landscape."
At Barracuda we strive to make the world a safer place. We believe every business deserves access to cloud-first, enterprise-grade security solutions that are easy to buy, deploy, and use. We protect email, networks, data and applications with innovative solutions that grow and adapt with our customers' journey. More than 200,000 organizations worldwide trust Barracuda to protect them — in ways they may not even know they are at risk — so they can focus on taking their business to the next level. For more information, visit barracuda.com.
Barracuda Networks, Barracuda and the Barracuda Networks logo are registered trademarks or trademarks of Barracuda Networks, Inc. in the U.S. and other countries.
Contacts
Anne Campbell
Barracuda Networks, Inc.
978-328-1642
acampbell@barracuda.com
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SOURCE Barracuda Networks, Inc. | https://www.kxii.com/prnewswire/2022/09/01/barracuda-names-chris-ross-chief-revenue-officer/ | 2022-09-01T11:01:53Z |
PHILADELPHIA, June 28, 2022 /PRNewswire/ -- Berger Montague is investigating securities fraud allegations on behalf of investors who purchased the American Depositary Shares ("ADSs") of First High-School Education Group Co., Ltd. ("FHS" or the "Company") (NYSE: FHS) on or traceable to the Company's March 2021 initial public offering (the "Class Period").
If you purchased the ADSs of FHS during the Class Period, would like to discuss Berger Montague's investigation, or have questions concerning your rights or interests, please contact attorneys Andrew Abramowitz at aabramowitz@bm.net or (215) 875-3015, or Michael Dell'Angelo at mdellangelo@bm.net or (215) 875-3080 or visit: https://investigations.bergermontague.com/first-high-school-education-group/
Whistleblowers: Anyone with non-public information regarding FHS is encouraged to confidentially assist Berger Montague's investigation or take advantage of the SEC Whistleblower program. Under this program, whistleblowers who provide original information may receive rewards totaling up to thirty percent (30%) of recoveries obtained by the SEC. For more information, contact us.
According to the complaint, FHS, its senior management, and the underwriters of its IPO made materially false statements in the IPO offering documents and failed to disclosed that: (i) the new rules, regulations, and policies to be implemented by the Chinese government following the Two Sessions parliamentary meetings were far more severe than represented; and (ii) the regulations being considered by the Chinese government were leading to a slowdown of government approval to open new educational facilities which would have a negative effect on FHS's enrollment and growth.
Soon after the IPO, media reports stated that attendees of the Two Sessions conference had proposed stricter regulations to rein in the for-profit education industry. On May 12, 2021, news reports revealed that the impending government crackdown on for-profit educational companies in China would be much more drastic and far reaching than previously publicly known. Then, on May 14, 2021, China's state council announced rules that it would further tighten regulations on compulsory education and training institutions.
Thereafter, on July 23, 2021, China unveiled a sweeping overhaul of its education sector, banning companies that teach the school curriculum from making profits, raising capital, or going public. These drastic measures effectively ended any potential growth in the for-profit tutoring sector in China.
By May 10, 2022, FHS ADSs closed below $1 per ADS – more than 90% below the price at which they were sold in the IPO.
Berger Montague, with offices in Philadelphia, Minneapolis, Washington, D.C., and San Diego, has been a pioneer in securities class action litigation since its founding in 1970. Berger Montague has represented individual and institutional investors for over five decades and serves as lead counsel in courts throughout the United States.
Contacts
Andrew Abramowitz, Senior Counsel
Berger Montague
(215) 875-3015
aabramowitz@bm.net
Michael Dell'Angelo, Executive Shareholder
Berger Montague
(215) 875-3080
mdellangelo@bm.net
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SOURCE Berger Montague | https://www.mysuncoast.com/prnewswire/2022/06/28/first-high-school-education-group-co-ltd-company-news-berger-montague-investigates-securities-fraud-allegations-against-first-high-school-education-group-co-ltd-nyse-fhs-lead-plaintiff-deadline-is-july-11-2022/ | 2022-06-28T21:10:46Z |
For the first time, OEMs and their suppliers can have full visibility and manage vulnerabilities for all components within a single platform
DETROIT, Sept. 7, 2022 /PRNewswire/ -- Cybellum, a leading provider of the Product Security Platform for automotive manufacturers, announced today at the 6th Annual Auto-ISAC Summit, a first-of-its-kind solution for greater visibility and vulnerability analysis and management of AUTOSAR based ECUs. This enables greater insight for OEMs and their suppliers, of all of their components, from one platform, to provide more secure vehicles and to comply faster with emerging regulations.
The AUTOSAR platform is well-established for providing deeply embedded electronic control units (ECUs). As vehicles have evolved over the last number of decades from simpler electronic units to software defined machines, AUTOSAR has provided OEMs and suppliers a stable foundation to build their distributed software systems. By using a layered software architecture with a compatible methodology, the AUTOSAR Platform supports all kinds of microcontroller-based ECUs, from engine control units to life-saving ADAS features.
To comply with current and emerging regulations and to ensure that the vehicles are safe from a cyber security standpoint, automobile manufacturers must have visibility into the software and module compositions of AUTOSAR ECUs. With this release by Cybellum, OEMs are able to receive full visibility with vulnerability management from one comprehensive platform.
"We are excited with this release and expanded support for AUTOSAR that provides OEMs and their suppliers with the most complete offering available for uncovering and managing vulnerabilities for all vehicle components," said Eran Rosenberg, VP of Product Management at Cybellum. "Our team continuously works to expand Cybellum's platform, providing more expanded vulnerability monitoring, threat detection, and remediation solutions for the automotive sector. AUTOSAR is another example of the additional capabilities we are adding to our product security platform to enable manufacturers to rapidly comply with regulations and ensure that their vehicles are free of cyber threats."
The new capability enables automobile manufacturers to rapidly meet compliance requirements for AUTOSAR ECUs with full visibility and by identifying and analyzing vulnerabilities and threats in components, modules, and software. This is especially crucial in a time where manufacturers are working to reduce time to market while maneuvering through an unprecedented hostile cybersecurity environment.
About Cybellum
Cybellum enables automotive OEMs and suppliers to keep the products they build secure and compliant, every single moment of their life. Industry leaders use Cybellum's product security platform to fuse security into every phase of the product lifecycle. Powered by Cyber Digital Twins™ technology -- a live digital replica of every software component inside your devices – Cybellum allows product security teams to manage cyber risk continuously, whatever new threat arises. From living SBOMs to automated vulnerability management and continuous monitoring, teams can ensure their product portfolio is secure from design to post-production and beyond. www.cybellum.com
Cybellum media contact:
Annette Habani
Marketing Manager
Cybellum
annette@cybellum.com
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SOURCE Cybellum | https://www.mysuncoast.com/prnewswire/2022/09/07/cybellum-announces-solution-autosar-providing-oems-their-suppliers-with-component-visibility-risk-vulnerability-management/ | 2022-09-07T11:51:50Z |
Unique Development and Library Platform Available Free to Researchers for Developing and Publishing Open Science Code That Is Ready to Run on AWS
NEW YORK, July 19, 2022 /PRNewswire/ -- Code Ocean, the developer of a novel computational research laboratory in the cloud, today announced the Open Science Library (OSL), a free research site for publishing and replicating computational research from some of the world's leading journals and by independent researchers. The OSL contains more than 3,000 published computational experiments that can be launched on Amazon Web Services (AWS), duplicated for further research, or fully exported to run on a local computing environment. In addition, the OSL has a collaborative space for teams to work together with more than 40,000 projects to date.
The Open Science Library is available to any scientific developer and authors publishing through journals such as Nature, IEEE, Elsevier, and others. Computational code is available from a wide spectrum of research areas including bioinformatics; biology; chemistry; computer science; earth science; economics; engineering; finance; mathematics; medical sciences; physics; and social sciences.
"The code for computational science is not easily accessible," said Simon Adar, Co-founder and CEO, Code Ocean. "With the Open Science Library, scientists publish both the traditional journal publication augmented with all the code and data required to duplicate the computational experiment and results. OSL is a form of Open Science that doesn't exist anywhere else. The computational code is ready run now or years from now, and can be exported to other environments using FAIR principles. We are proud to make this platform readily available in a way that is already bolstering research and discovery."
Far from a fledgling concept, the OSL is a growing platform with hundreds of users-per-day, recently surpassing a total of 3,000 published Compute Capsules®. Code Ocean's Compute Capsule is a remarkable, new container technology for science that encapsulates a reproducible, archival, and executable version of a computational experiment. The Capsule combines the essential triplet of any computational research work: code, data, and computing environment. The Compute Capsule is built on FAIR principles, allowing easy migration of code and data across platforms.
Most science is not easily accessible because it typically requires obtaining the necessary source code, matching required packages, and building the application. For most scientists, the OSL makes building new science more practical since the Code Ocean platform provides the computational code in a ready-to-run, off-the-shelf format. Code Ocean grants up to 10 hours of free AWS time to researchers for development, testing, and reproducible runs of released Capsules. Scientists who are publishing in Nature, IEEE and AACR journals will have no computing hour limit.
OSL is comprised of two components – the ability to publish executable versions of experiments, allowing others to come back near-term or even years later to seamlessly run the same experiments in the cloud. Open Science Workbench enables researchers to design experiments, post the code, and publish to the world, all maintained by Code Ocean. Most importantly, this is not an archive, rather one can 'check out' content as with a traditional library.
Today's news represents continued momentum for the company, which recently announced Release 2.0 of the Code Ocean Computational Lab, the New Digital Lab for computational scientists. It's the first platform to incorporate both workflow pipelines as well as data science exploratory work targeted for the coding scientist. With Release 2.0, computational scientists can create, organize and share computational research in a streamlined and automated lab. By removing overhead tasks and simplifying collaboration, computational scientists can focus on science. With strong adoption in bio-pharma, the Code Ocean digital lab has proven its value in accelerating science and reducing the cost of research.
Code Ocean is currently hiring for all positions in engineering, science, marketing and sales. For more information, please visit https://codeocean.com.
Code Ocean is where great computational science is created, organized and shared in one place. The Code Ocean platform provides the best way for multidisciplinary scientists to standardize workflows, and to track and reproduce all computations and discoveries. By making it easier and more efficient for scientists to collaborate, Code Ocean improves reproducibility, optimizes return on IT investment, and saves time by automating repetitive functions. For more information please visit: www.codeocean.com and Twitter @CodeOceanHQ.
Code Ocean Media Contact:
Phillip Bergman
philbergman@hotmail.com
Cell: 845-728-3984
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SOURCE Code Ocean | https://www.mysuncoast.com/prnewswire/2022/07/19/code-ocean-announces-open-science-library-allowing-no-cost-turn-key-replication-computational-science-experiments/ | 2022-07-19T13:33:07Z |
FORT LAUDERDALE, Fla., May 4, 2022 /PRNewswire/ -- It's a great day at Techy!
Launching multiple successful businesses that are doing well is always the goal for companies to win big. Techy has built a reputation for being the best phone repair shop in South Florida. The expanding technology company is rapidly growing throughout the United States as well. With over 150 locations throughout the United States and developing new stores in 9 countries.
On Swappa's 82 best phone repair shops near Miami/Fort Lauderdale list, over 20 Techy locations made the list. One or more shops made it to several regions section of the list. Check out the list to see which Techy location you can go to for the best phone repair services in your area. Whether you are a local or visiting South Florida for vacation, you will want to know where you can get the best phone repair service and accessories.
Techy has trained technicians that can provide you with repairs for your broken screen, charging port, battery replacement, and more. Along with the repair services, they have outstanding customer service. If you have any questions about your device, the Techy team will be happy to assist you so that you can use all the benefits that your device has to offer.
If you have an iPhone, Samsung Galaxy, Google Pixel, or any other device, don't hesitate to visit a Techy location near you. Their technicians are skilled at repairing different brands. One of the things that customers rave about is that they are quick and convenient. After a free diagnostic of your smart device, repair services can take up to as little as 15 minutes to complete. A lifetime warranty on repairs is another benefit that customers can look forward to when going to Techy. Under warranty, device parts and repair service are covered.
Customers can make Techy their one-stop shop for all their smartphone needs and bundle their repair service with tempered glasses and cases. Customers have various accessory options to purchase for their devices at their locations.
Techy customers can also inquire about other repair services for their computers, laptops, smartwatches, tablets, and any devices with a power button.
Smart home installations are another service that the growing repair franchise has added to its list of services. Over the past few years, more individuals have made their homes suitable for work, school, and playtime. Customers can book an appointment with a Techy technician for TV mounting, smart camera installation, smart doorbell installs, etc.
If you need any repairs, accessories, or installation for your smart device, you can visit a Techy store nearby.
Contact: Nicole Cooper
franchise@techycompany.com
(877)752-0956
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SOURCE Techy | https://www.mysuncoast.com/prnewswire/2022/05/04/top-thriving-south-florida-techy-locations-that-are-best-phone-repair-shop/ | 2022-05-04T14:59:48Z |
Capital Campaign Groundbreaking Wednesday, August 24 with Atlanta Mayor Andre Dickens and City of Atlanta Dept. of Parks & Recreation
,
/PRNewswire/ -- After a 46% increase in demand for therapeutic riding sessions last year,
(CHP) is planning for exponential growth within its therapeutic programs. This will translate to more than 5,000 sessions in 2022, 36% of which will be subsidized by non-profit CHP and its partners. To double impact of the program, the new facility will enable the campus to shift its focus from individual to group sessions and broaden its community outreach to include additional underserved and at-risk individuals. It is one of only two remaining urban horse parks in the U.S. and is Premier
Accredited by Professional Association of Therapeutic Horsemanship (PATH), International.
COVID triggered increased interest in outdoor activities and therapies across the board, including demand for outdoor activities with horses. Serious physical and mental health issues have also grown with COVID. Along with facility rental, paid horse boarding and riding lessons help support scholarships for equine assisted services, which many insurance companies still consider "investigative" despite compelling outcomes data. Other scholarship supporters include Boehringer Ingelheim's BI Cares Foundation (animal and human pharmaceuticals), Junior League, RISE Scholarship Foundation and many other donors.
"The horse's brain has a large limbic system. Size-wise, the horse cerebellum accounts for about a third of the horse's brain. And, because the horse is a motor/sensory animal, the horse is all but ruled by the cerebellum. Humans, on the other hand, are ruled by the frontal lobe. You could interpret this as humans being more of a "thinking" species, while horses are more of a sensory and feelings species. Horses have an amazing network of neurons governing emotionality that give them a remarkable ability to read human feeling and intention—and respond to it," says Kelcy Rainer, CHP Therapeutic Program Director. They are herd and prey animals – not predators -- which means that they have a strong emotional sense and use this sense as a survival tool; Additionally, the horse's gait mimics the movement of the human body and thus acts as a 3-dimensional form of modality when working with physical and cognitive disabilities.
"Horses never hide their emotions. Because of these qualities, horses can be used to help people heal from a variety of physical and psychological issues. Horses are an incredible partner in improving the physical and cognitive wellbeing of humans while also being an emotional mirror helping participants identify their feelings," continues Rainer.
The 15-acre campus is devoted to a mission that "empowers individuals of all abilities through life changing relationships with horses." It has inspired not only a large volunteer corps, but employees who have found that marrying their passion for horses with work in the non-profit arena satisfies a strong desire to work for the greater good of people with special needs.
For example, Rainer, a 10-year veteran of CHP, was an internationally recognized Saddlebred competitor with a lifelong love of horses. She is also a PATH, International Advanced Certified instructor and knew from an early age that she wanted to blend two passions for career satisfaction: her commitment to social activism with her love of horsemanship. Trish Gross, CHP's Executive Director and a former technology executive, wanted to learn to ride after her husband's job led them from California to Atlanta. While taking lessons at CHP, she became inspired and sought out an opportunity to lead the organization.
"We are a strong community of people who are committed to serving children, teens, and adults with physical cognitive and emotional disabilities in a unique setting. CHP is in Chastain Park, a City of Atlanta Park campus offering baseball and football fields, a golf course, a pool, tennis courts, and walking paths. Horses dedicated to the common good and welfare of the community always add interest and excitement to the park. Combine that with Georgia's growing population of individuals with disabilities, our capital campaign came at the perfect time," adds Trish Gross, Executive Director.
The expansion is the result of a successful "Healing Through Horses" capital campaign that will renovate and grow facilities and help underwrite therapeutic sessions for City of Atlanta residents, many of whose household incomes are under $28,600.
Gross believes a new therapeutic horsemanship center, including clinical and educational spaces, could inspire healthcare professionals to embrace the role of the horse in therapeutic services. She is also hopeful that the center's work and outcomes will help persuade insurers to consider reimbursement for such services.
She said, "A horse's response to a client helps to inform the therapist or instructor what physical and cognitive challenges are present, or which behaviors to discuss. If you watch a session in action, it's hard not to wonder, 'who's the therapist here, the horse, or the therapist?' Horses are sentient, and while clients might not appear ready to discuss issues facing them. The horse is ready to accept and communicate."
The invitation-only groundbreaking ceremony takes place Wednesday, August 24 will launch the largest initiative for CHP since it began in 1939, enabling it to scale rapidly to meet demand.
Link to Editors' Fact Sheet Above
Ann Lally 4049064487
Annlally1@gmail.com
Trish Gross: 2068505686
director@chastainhorspark.org
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SOURCE Chastain Horse Park | https://www.wibw.com/prnewswire/2022/08/15/record-demand-therapeutic-horsemanship-drives-chastain-horse-park-9-million-expansion/ | 2022-08-15T14:23:28Z |
CEDARHURST, N.Y., April 6, 2022 /PRNewswire/ -- The securities litigation law firm of Kuznicki Law PLLC issues this alert to shareholders of SunPower Corporation (NasdaqGS: SPWR), if they purchased the Company's securities between August 3, 2021 and January 20, 2022, inclusive (the "Class Period"). Shareholders have until April 18, 2022 to file lead plaintiff applications in the securities class action lawsuit.
Shareholders are encouraged to contact us at https://kclasslaw.com/cases/securities/nasdaqgs-spwr/https://kclasslaw.com/cases/securities/nyse-hmlp/, by calling toll-free at 1-833-835-1495 or by email (dk@kclasslaw.com).
Kuznicki Law PLLC 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:
Kuznicki Law PLLC
Daniel Kuznicki, Esq.
445 Central Avenue, Suite 344
Cedarhurst, NY 11516
Email: dk@kclasslaw.com
Phone: (347) 696-1134
Cell: (347) 690-0692
Fax: (347) 348-0967
https://kclasslaw.com
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SOURCE Kuznicki Law PLLC | https://www.kxii.com/prnewswire/2022/04/07/filing-deadline-kuznicki-law-pllc-announces-class-action-behalf-shareholders-sunpower-corporation-spwr/ | 2022-04-07T04:55:06Z |
PITTSBURGH (AP) — Cincinnati Reds rookie Hunter Greene has been pulled from the game with a no-hitter in progress with one out in the eighth inning against Pittsburgh.
Greene was taken out after a pair of one-out walks in the eighth boosted his pitch count to 118.
Art Warren relieved Greene with Sunday’s game scoreless against the Pirates at PNC Park. Warren gave up a walk and an RBI grounder that put the Pirates ahead 1-0 at PNC Park
___
More AP MLB: https://apnews.com/hub/MLB and https://twitter.com/AP_Sports | https://cw33.com/sports/ap-sports/reds-rookie-hunter-green-takes-no-hitter-into-8th-vs-pirates/ | 2022-05-15T23:53:36Z |
TROY, Mich., July 21, 2022 /PRNewswire/ -- Flagstar Bancorp, Inc. (NYSE: FBC), the holding company for Flagstar Bank, FSB, today announced its board of directors has declared a quarterly cash dividend of $0.06 per share on its common stock. The dividend will be payable August 18, 2022, to shareholders of record at the close of business August 8, 2022.
About Flagstar
Flagstar Bancorp, Inc. (NYSE: FBC) is a $23 billion savings and loan holding company headquartered in Troy, Mich. Flagstar Bank, FSB, provides commercial, small business, and consumer banking services through 158 branches in Michigan, Indiana, California, Wisconsin and Ohio. It also provides home loans through a wholesale network of brokers and correspondents in all 50 states, as well as 82 retail locations in 28 states. Flagstar is a leading national originator and servicer of mortgage and other consumer loans, handling payments and record keeping for $300 billion of loans representing over 1.3 million borrowers. For more information, please visit flagstar.com.
Forward-Looking Statements
This communication contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are based on the current beliefs and expectations of Flagstar Bancorp, Inc.'s management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. Factors that could cause the Company's actual results to differ materially from those described in the forward-looking statements can be found in periodic Flagstar reports filed with the U.S. Securities and Exchange Commission, which are available on the Company's website (flagstar.com) and on the Securities and Exchange Commission's website (sec.gov). The COVID-19 pandemic is adversely affecting us, our customers, counterparties, employees, and third-party service providers, and the ultimate extent of the impacts on our business, financial position, results of operations, liquidity, and prospects is uncertain. Other than as required under United States securities laws, Flagstar Bancorp does not undertake to update the forward-looking statements to reflect the impact of circumstances or events that may arise after the date of the forward-looking statements.
SOURCE: Flagstar Bancorp, Inc.
For more information, contact:
Susan Bergesen
Corporate Communications
(248) 312-6237
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SOURCE Flagstar Bancorp, Inc. | https://www.wibw.com/prnewswire/2022/07/21/flagstar-bancorp-announces-quarterly-dividend-006-per-share/ | 2022-07-21T12:55:25Z |
Acquisition of pioneering miscanthus product firm continues to build Genera's already strong team
VONORE, Tenn., July 14, 2022 /PRNewswire/ -- Genera Energy Inc. ("Genera"), the largest integrated manufacturer of non-wood agricultural pulp and molded fiber products in North America, is pleased to announce that it has acquired MxG Fiber LLC (MxG) as part of its overall growth strategy. This acquisition allows Genera to incorporate the knowledge and assets of MxG into its efforts to supply sustainable fiber packaging to the rapidly growing U.S. market.
The MxG management team founded Aloterra in 2010 and developed the first and largest commercial scale miscanthus crop operation in North America. The team leveraged a USDA program to plant over 20,000 acres of miscanthus in four Midwest states. Over the last decade, the team developed critical expertise in commercializing sustainable biomass crops, including the establishment, management, harvesting, storage, and processing of several perennial crops.
MxG's research and development efforts led to several commercial product lines based on miscanthus. The team built three manufacturing facilities in the Midwest over the last decade and brought several agricultural fiber products to market, including the first molded fiber products produced from miscanthus.
In connection with the acquisition, Matt Griswold, CEO of MxG, has joined the Genera team as Vice President, focusing on molded fiber product and market development. "I am excited to continue the MxG mission of expanding the use of perennial crops and replacing single use plastics under the Genera name," says Griswold.
"Our acquisition of MxG Fiber accelerates Genera's pursuit of innovative ways to decarbonize our economy using regenerative, sustainable agriculture," said Kelly Tiller, Genera's CEO. "Matt's passion for sustainability, combined with his deep expertise in perennial biomass crop production, product development, and manufacturing, really enhances the Genera team."
Genera operates the largest vertically integrated non-wood agricultural pulp and molded fiber manufacturing facility in North America. The company supplies customers with domestically sourced and manufactured non-wood pulp and molded fiber products made from locally grown fiber crops and agricultural residues.
Genera is a vertically integrated U.S.-based non-wood agricultural pulp and sustainable packaging company. The company is headquartered in Vonore, Tennessee where it operates a vertically integrated non-wood pulp plant and molded fiber manufacturing facility capable of producing 36,000 tons of agricultural pulp annually.
MEDIA CONTACT:
Heather Ripley
Ripley PR
(865) 977-1973
hripley@ripleypr.com
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SOURCE Genera | https://www.mysuncoast.com/prnewswire/2022/07/14/genera-has-acquired-mxg-fiber-llc/ | 2022-07-14T19:28:28Z |
BALTIMORE and PALO ALTO, Calif., Sept. 12, 2022 /PRNewswire/ -- Delfi Diagnostics, a pioneering developer of a new class of high-performance, accessible liquid biopsy tests for early cancer detection and monitoring, has been selected as the liquid lung cancer biopsy partner in Europe's multi-national, randomized, prospective lung cancer screening trial known as 4-IN-THE-LUNG-RUN, or 4ITLR.
Through 4ITLR, European investigators are studying how often – every year, or every other year – individuals should get screened if their initial CT scan is negative. Delfi's technology is paired to the study objectives by measuring whether Delfi can identify individuals in Europe's screen-eligible population who are most likely to benefit from a CT scan. The collaboration, initiated and facilitated through a partnership between the Netherlands Cancer Institute ((NKI), with Dr. D. van den Broek as PI) and the institute for DiagNostic Accuracy (iDNA), includes Delfi analyzing the first 9,000 subjects enrolled through the trial in the Netherlands and France (Gustave Roussy) - generating data that can support Delfi's research and subsequent implementation within the European Union.
"One of the goals of our study is to examine how a liquid biopsy test might improve screening in a manner that is cost-effective," said prof. Matthijs Oudkerk, MD, PhD, Chief Scientific Officer at iDNA and leading the Radiology and AI readings of 4ITLR. "We are eager to explore how a low-cost liquid biopsy platform could help us screen more high-risk Europeans."
Based on the results of the NELSON trial, the European Union is expected to initiate a European lung cancer screening program for individuals at risk due to their smoking and age.
"We know that LDCT screening is effective in reducing lung cancer mortality," said Peter B. Bach, Delfi Diagnostics Chief Medical Officer. "This study should lay the groundwork for widespread, cost efficient screening of those at risk in Europe. Delfi is honored to be part of it."
Lung cancer kills more than 380,000 Europeans each year, and more than half of all new lung cancer diagnoses in Europe occur at stage IV, when 5-year survival rates can be as low as 2 percent. But screening older heavy smokers with low-dose CT could save up to 80,000 lives in Europe per year.
About Delfi Diagnostics
Delfi is developing a new class of liquid biopsy tests for early detection based on altered genome-wide fragmentation profiles, also known as "fragmentomes," representing aberrant packaging of DNA in cancer cells. By applying advanced machine learning algorithms, these fragment patterns are detectable at a very low sequencing cost. Delfi ("DNA Evaluation of Fragments for early Interception") is using this technology to develop highly sensitive and specific cancer detection assays intended for wide and cost-effective distribution and adoption.
About The Netherlands Cancer Institute (NKI) and CVV (NKI Center for Early Diagnostics).
The NKI is among the world's foremost comprehensive cancer centers, combining innovative fundamental, translational, and clinical research with dedicated patient care. Our research institute gratefully acknowledges funding from the Dutch Ministry of Health, Welfare and Sport, the Dutch Cancer Society, and individual donors. The NKI Center for Early Diagnostics is an initiative of the NKI. Our Center combines innovation and scientific research to provide certainty in an early stage for risk factors or signs that may indicate cancer.
About iDNA
iDNA is a Contract Research Organization specialized in early-stage lung cancer, and researching new technologies for the early detection and treatment of lung cancer, with comorbidities in cardiovascular diseases and COPD/emphysema. Key to the early detection of lung cancer are high quality lung cancer screening programs and therefore iDNA wants to set the ''golden standard'' for worldwide lung cancer screening. iDNA works with relevant, early-stage, asymptomatic, high- to medium-risk lung cancer (sub)populations, up to a large, multi-national scale. In addition, iDNA provides several services facilitating the required validation of liquid- and imaging biomarkers and/or therapeutics, while working with KOLs and research partners worldwide. iDNA thereby provides leading pharmaceutical, biotech and AI partners with the opportunity to implement their disruptive technology much quicker and more cost-effective, fully capitalizing on the current momentum within the lung cancer screening landscape.
About Gustave Roussy
Ranked as the leading European Cancer Centre and sixth in the world, Gustave Roussy is a centre with comprehensive expertise and is devoted entirely to patients suffering with cancer. The Institute is a founding member of the Paris Saclay Cancer Cluster. It is a source of diagnostic and therapeutic advances. It caters for almost 50,000 patients per year and its approach is one that integrates research, patient care and teaching. It is specialized in the treatment of rare cancers and complex tumors and it treats all cancers in patients of any age. Its care is personalized and combines the most advanced medical methods with an appreciation of the patient's human requirements. In addition to the quality of treatment offered, the physical, psychological and social aspects of the patient's life are respected. 4,100 professionals work on its two campuses: Villejuif and Chevilly-Larue. Gustave Roussy brings together the skills, which are essential for the highest quality research in oncology: a quarter of patients treated are included in clinical trials.
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SOURCE Delfi Diagnostics | https://www.mysuncoast.com/prnewswire/2022/09/12/delfi-diagnostics-selected-liquid-biopsy-partner-4-in-the-lung-run-large-scale-european-lung-cancer-screening-study/ | 2022-09-12T07:25:13Z |
NEW YORK, Aug. 5, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of Inotiv, Inc. (NASDAQ: NOTV).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/inotiv-inc-loss-submission-form/?id=30560&from=4
The lawsuit seeks to recover losses for shareholders who purchased Inotiv between September 21, 2021 and June 13, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until August 22, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, Inotiv, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (1) Inotiv's acquisition, Envigo RMS, LL ("Envigo"), and Inotiv's Cumberland, Virginia facility (the "Cumberland Facility") engaged in widespread and flagrant violations of the Animal Welfare Act ("AWA"); (2) Envigo and Inotiv's Cumberland Facility continuously violated the AWA; (3) Envigo and Inotiv did not properly remedy issues with regards to animal welfare at the Cumberland Facility; (4) as a result, Inotiv was likely to face increased scrutiny and governmental action; (5) Inotiv would imminently shut down two facilities, including the Cumberland Facility; (6) Inotiv did not engage in proper due diligence; and (7) as a result, defendants' statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.wibw.com/prnewswire/2022/08/05/notv-shareholder-alert-jakubowitz-law-reminds-inotiv-shareholders-lead-plaintiff-deadline-august-22-2022/ | 2022-08-05T18:17:14Z |
Kitten born with two faces in Arkansas
HARRISON, Ark. (KY3/Gray News) - A pet owner in Arkansas has a cat that just gave birth to baby kittens, one of which was born with two faces.
“I went to go do laundry, I’d seen my cat was like meowing, and then all of the sudden babies started coming out, and I started yelling for my husband,” said Ariel Contreras, the owner of the kitten. “This is the second one, so whenever he came out, my husband said, ‘Honey, it has two heads!’ And I went, ‘No way!’”
Harvey is named after the fictional Batman villain Two Face, aka Harvey Dent. A Janus cat is a rare genetic mutation caused by excess protein production while in the womb.
“It has one of everything except for the extra skull,” said Dr. Tim Addis, a veterinarian with Alley Cat Animal Rescue. “Its odds of making it are just as good as its siblings’ if you’re feeding it with a bottle.”
Addis has more than 60 years of experience working with animals and says he’s never seen a mutation so rare.
“Well, they seem to be operating together, you can feed either mouth, and it takes nourishment through either mouth. It’s really different,” he said.
And different is right. Janus cats are extremely rare, with only a few known cases in the modern era.
“It’s actually bigger than the other ones, and it’s doing great. It’s absolutely doing great,” Conteras said.
Although there is little data, Janus cats historically have a low survival rate. Many are unable to live past the first 12 hours. But Harvey may already be defying the odds, born Wednesday and showing all signs of a healthy newborn kitten.
“There was one that made it 12 years and one that made it 15 years, so I’m really praying this one makes it that long, and we will do whatever it takes,” Contreras said.
“Well, the little kitten has the chance,” Addis said. “What the odds are, I don’t know. They’re hard to raise. But, it will make it if the Lord’s willing.”
Copyright 2022 KY3 via Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/19/kitten-born-with-two-faces-arkansas/ | 2022-08-19T22:15:15Z |
Leading providers demonstrated comprehensive EaaS solutions, ambitious vision for EaaS, and innovative go-to-market strategies
BOULDER, Colo., May 19, 2022 /PRNewswire/ -- A new report from Guidehouse Insights examines the competitive landscape for energy as a service (EaaS) solutions, with Ameresco, Schneider Electric, Enel X, and ENGIE ranked as the market leaders.
Commercial, industrial, and public sector customers are starting to adopt and explore EaaS solutions at scale as it allows them to address sustainability, resiliency, and deferred maintenance while upgrading facilities with OPEX-only payments and immediate return on investment. In the past year, players in the market have made significant strides in developing and executing EaaS solutions, expanding into new customer verticals, and forming new partnerships. According to a Leaderboard report from Guidehouse Insights, Ameresco, Schneider Electric, Enel X, and ENGIE are the leading EaaS vendors.
"These companies have differentiated themselves from the competition through comprehensive EaaS solutions that are tailored to the diverse needs of their clients," says Sasha Wedekind, principal research analyst with Guidehouse Insights. "Leaders have demonstrated a track record of success in EaaS projects, ambitious vision for EaaS, and innovative go-to-market strategies."
Companies that trail these leaders have developed successful EaaS solutions and are positioned to grow their offerings to further align with market needs. Many companies in the Leaderboard have partnered for project delivery to complement capabilities across the project value chain. The diversity of players in this report represents an evolving partnership ecosystem and a variety of approaches to delivering integrated EaaS solutions.
The report, Guidehouse Insights Leaderboard: Energy as a Service, assesses the competitive landscape for EaaS solutions and how well different companies are positioned to address current customer needs. It is intended to help market participants better understand their competitors' solution offerings, differentiation, and track record in executing EaaS projects. The report includes profiles on 17 EaaS companies and ranks them according to Strategy and Execution scores. In this market, the relative position of different vendors is likely to shift as Contenders refine their solution offerings and take on the Leaders. An executive summary of the report is available for free download on the Guidehouse Insights website.
About Guidehouse Insights
Guidehouse Insights, the dedicated market intelligence arm of Guidehouse, provides research, data, and benchmarking services for today's rapidly changing and highly regulated industries. Our insights are built on in-depth analysis of global clean technology markets. The team's research methodology combines supply-side industry analysis, end-user primary research, and demand assessment, paired with a deep examination of technology trends, to provide a comprehensive view of emerging resilient infrastructure systems. Additional information about Guidehouse Insights can be found at www.guidehouseinsights.com.
About Guidehouse
Guidehouse is a leading global provider of consulting services to the public sector and commercial markets, with broad capabilities in management, technology, and risk consulting. By combining our public and private sector expertise, we help clients address their most complex challenges and navigate significant regulatory pressures focusing on transformational change, business resiliency, and technology-driven innovation. Across a range of advisory, consulting, outsourcing, and digital services, we create scalable, innovative solutions that help our clients outwit complexity and position them for future growth and success. The company has more than 13,000 professionals in over 50 locations globally. Guidehouse is a Veritas Capital portfolio company, led by seasoned professionals with proven and diverse expertise in traditional and emerging technologies, markets, and agenda-setting issues driving national and global economies. For more information, please visit www.guidehouse.com.
* The information contained in this press release concerning the report, Guidehouse Insights Leaderboard: Energy as a Service, is a summary and reflects the current expectations of Guidehouse Insights based on market data and trend analysis. Market predictions and expectations are inherently uncertain and actual results may differ materially from those contained in this press release or the report. Please refer to the full report for a complete understanding of the assumptions underlying the report's conclusions and the methodologies used to create the report. Neither Guidehouse Insights nor Guidehouse undertakes any obligation to update any of the information contained in this press release or the report.
For more information, contact:
Cecile Fradkin
cfradkin@scprgroup.com
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SOURCE Guidehouse Insights | https://www.kxii.com/prnewswire/2022/05/19/guidehouse-insights-names-ameresco-schneider-electric-enel-x-engie-leading-energy-service-eaas-vendors/ | 2022-05-19T09:30:31Z |
NEW YORK , July 1, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for XPEV, FSRD, RPID, NIO, and VRM.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- XPEV: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=XPEV&prnumber=070120221
- FSRD: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=FSRD&prnumber=070120221
- RPID: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RPID&prnumber=070120221
- NIO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NIO&prnumber=070120221
- VRM: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=VRM&prnumber=070120221
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.kxii.com/prnewswire/2022/07/01/thinking-about-buying-stock-xpeng-fast-radius-rapid-micro-biosystems-nio-or-vroom/ | 2022-07-01T13:06:17Z |
NEW YORK, Aug. 19, 2022 /PRNewswire/ -- Jakubowitz Law announces that a securities fraud class action lawsuit has commenced on behalf of shareholders of TG Therapeutics, Inc. (NASDAQ: TGTX).
To receive updates on the lawsuit, fill out the form:
https://claimyourloss.com/securities/tg-therapeutics-inc-loss-submission-form/?id=30975&from=4
The lawsuit seeks to recover losses for shareholders who purchased TG Therapeutics between January 15, 2020 and May 31, 2022.
Shareholders interested in acting as a lead plaintiff representing the class of wronged shareholders have until September 16, 2022 to petition the court. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
According to a filed complaint, TG Therapeutics, Inc. issued materially false and/or misleading statements and/or failed to disclose that: (i) clinical trials revealed significant concerns related to the benefit-risk ratio and overall survival data of the Company's therapeutic product candidates, Ublituximab and Umbralisib; (ii) accordingly, it was unlikely that the Company would be able to obtain approval from the U.S. Food and Drug Administration of the Umbralisib marginal zone lymphoma and follicular lymphoma New Drug Application, the Biologics License Application for Ublituximab in combination with Umbralisib, the supplemental New Drug Application for Ublituximab in combination with Umbralisib, or the Ublituximab relapsing forms of multiple sclerosis Biologics License Application in their current forms; (iii) as a result, the Company had significantly overstated Ublituximab and Umbralisib's clinical and/or commercial prospects; and (iv) therefore, the Company's public statements were materially false and misleading at all relevant times.
Jakubowitz Law is vigorous in pursuit of justice for shareholders who have been the victim of securities fraud. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
JAKUBOWITZ LAW
1140 Avenue of the Americas
9th Floor
New York, New York 10036
T: (212) 867-4490
F: (212) 537-5887
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SOURCE Jakubowitz Law | https://www.kxii.com/prnewswire/2022/08/19/tgtx-shareholder-alert-jakubowitz-law-reminds-tg-therapeutics-shareholders-lead-plaintiff-deadline-september-16-2022/ | 2022-08-19T10:40:53Z |
WILLOW PARK, Texas, Aug. 31, 2022 /PRNewswire/ -- ProFrac Holding Corp. (NASDAQ: PFHC) ("ProFrac" or the "Company") announced today that Matt Wilks, Executive Chairman, and Lance Turner, Chief Financial Officer, will be presenting at the Barclays 2022 CEO Energy-Power Conference in New York City on Wednesday, September 7, 2022, from 10:20 a.m. - 10:50 a.m. Eastern Daylight Time. The presentation will be broadcast live over the internet and can be accessed via the Company's website at https://ir.pfholdingscorp.com/news-events/ir-calendar.
About ProFrac Holding Corp.
ProFrac Holding Corp. is a growth-oriented, vertically integrated and innovation-driven energy services company providing hydraulic fracturing, completion services and other complementary products and services to leading upstream oil and gas companies engaged in the exploration and production ("E&P") of North American unconventional oil and natural gas resources. Founded in 2016, ProFrac was built to be the go-to service provider for E&P companies' most demanding hydraulic fracturing needs. ProFrac is focused on employing new technologies to significantly reduce "greenhouse gas" emissions and increase efficiency in what has historically been an emissions-intensive component of the unconventional E&P development process. For more information, please visit the ProFrac's website at www.pfholdingscorp.com.
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SOURCE ProFrac Holding Corp. | https://www.mysuncoast.com/prnewswire/2022/08/31/profrac-holding-corp-present-barclays-2022-ceo-energy-power-conference/ | 2022-09-01T01:29:33Z |
Serena’s daughter, Olympia, sports beads, like Mom years ago
NEW YORK (AP) — When Serena Williams won the 1999 U.S. Open for her first Grand Slam title at age 17, she wore white beads in her hair. On Monday night, when Williams won her first match of the 2022 U.S. Open at age 40, her daughter, Olympia, was courtside, sporting a hairstyle paying homage to Mom’s from all that time ago.
“It was either her wear beads or me, so ...” Williams said after beating Danka Kovinic 6-3, 6-3, finishing that thought with a smile. “I wanted to do it, but I just didn’t have the time.”
Williams was pregnant with Olympia while playing in, and winning, the 2017 Australian Open for her 23rd Grand Slam title. Olympia was born later that year and turns 5 on Thursday.
“Yeah, she likes, actually, wearing them. She asks to wear beads a lot,” Williams said. “It actually wasn’t my idea, but I was so happy when she had them on. It’s perfect on her.”
On Monday, Olympia sat in Williams’ player guest box in Arthur Ashe Stadium, at one point snapping pictures with a camera. She was with her father — Williams’ husband, Reddit co-founder Alexis Ohanian — and her grandmother — Williams’ mom, Oracene Price.
After the match, Williams’ long and influential career was celebrated during an on-court ceremony that included a video narrated by Oprah Winfrey and a speech from Billie Jean King. At the end, Ohanian carried Olympia down on to the court.
“Tonight was all a surprise, actually, towards the end. I didn’t know any of that was happening,” Williams said. “I was just ready to do the on-court interview and leave.”
She has said she is ready to move on from her playing days to focus on having another child and pursuing her business interests.
___
More AP coverage of U.S. Open tennis: https://apnews.com/hub/us-open-tennis-championships and https://twitter.com/AP_Sports
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/08/30/serenas-daughter-olympia-sports-beads-like-mom-years-ago/ | 2022-08-30T15:50:16Z |
ROCHESTER, N.Y., April 11, 2022 /PRNewswire/ -- Hyzon Motors Inc. (NASDAQ: HYZN) today announced it will supply its fuel cell electric trucks to Hylane GmbH, a wholly owned subsidiary of DEVK Versicherung, one of Germany's largest motor insurers. Hylane has purchased 18 Hyzon vehicles, with deliveries expected to begin in late 2022.
Under Hylane's sustainable mobility model, fleet owners can deploy Hyzon vehicles in their operations through a rental agreement with Hylane. Further, it is expected that customers will only pay for the miles actually driven; Hylane plans to cover maintenance or downtime costs. Through this pay-per-use approach, Hylane expects to minimize the risk for customers while accelerating the rate at which zero-emission vehicles replace diesel.
Hylane has already confirmed rental contracts for the first vehicles and is in talks with numerous prominent transport companies interested in transitioning their fleets to zero-emission options. Germany is expected to be one of the major global markets for zero emission commercial vehicle technologies in the coming years. The engine room of EU economic activity, Germany recently announced support for a total ban on sales of combustion engine cars from 2035, and there are already significant domestic incentives in place to transition heavy vehicles off diesel.
To support its exclusive focus on climate-friendly transport solutions, Hylane is aligning key elements within the value chain, including energy producers, refuelling infrastructure providers, and government subsidy programs. Through the coordinated management of these resources, Hylane aims to provide sustainable and flexible mobility management to its customers.
"Hyzon's singular mission is to decarbonize transport through zero-emission, hydrogen-powered vehicles," said Craig Knight, Hyzon CEO and co-founder. "Through Hylane's sustainable mobility program, customers across Germany can experience first-hand the vehicle performance, driver satisfaction, and emissions reductions of Hyzon's fuel cell electric trucks."
"Hyzon recognizes that, as with any new technology, customers need the chance to utilize our fuel cell electric vehicle in their regular operations. From past experience, we are confident that once fleet owners have experienced our vehicles, they will be motivated to hasten their transition to zero-emissions. Having a strong partner in the German market has the opportunity to fuel significant long-term growth for Hyzon."
About Hyzon Motors Inc.
Headquartered in Rochester, N.Y., with U.S. operations in the Chicago and Detroit areas, and international operations in the Netherlands, Singapore, Australia, Germany, and China, Hyzon is a leader in fuel cell electric mobility with an exclusive focus on the commercial vehicle market, and a near-term focus on back to base (captive fleet) operations. Utilizing its proven and proprietary hydrogen fuel cell technology, Hyzon aims to supply zero-emission heavy duty trucks and buses to customers in North America, Europe and around the world to mitigate emissions from diesel transportation, one of the single largest sources of carbon emissions globally. Hyzon is contributing to the escalating adoption of fuel cell electric vehicles through its demonstrated technology advantage, leading fuel cell performance and history of rapid innovation. Visit www.hyzonmotors.com.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of present or historical fact included in this press release, are forward-looking statements. When used in this press release, the words "could," "should," "will," "may," "believe," "anticipate," "intend," "estimate," "expect," "project," the negative of such terms and other similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such identifying words. These forward-looking statements which include, but are not limited to, expected demand for and sales of Hyzon vechicles, are based on management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. Except as otherwise required by applicable law, Hyzon disclaims any duty to update any forward-looking statements, all of which are expressly qualified by the statements in this section, to reflect events or circumstances after the date of this press release. Hyzon cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Hyzon, including risks and uncertainties described in the "Risk Factors" section of Hyzon's Annual Report on Form 10-K for the year ended December 31, 2021 filed with the U.S. Securities and Exchange Commission (the "SEC") on March 30, 2022, our Amended Registration Statement on Form S-1 filed with the SEC on April 6, 2021, and other documents filed by Hyzon from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Hyzon gives no assurance that Hyzon will achieve its expectations.
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SOURCE Hyzon Motors Inc. | https://www.kxii.com/prnewswire/2022/04/11/hyzon-motors-sells-18-trucks-hylane-gmbh-subsidiary-major-german-motor-insurance-provider-devk-versicherung/ | 2022-04-11T10:12:39Z |
Scars of COVID persist for sickest survivors, their families
(AP) - Freddy Fernandez almost wasn’t here, on his couch in his Missouri home, his baby on his lap, gnawing on the pulse oximeter that he uses to check his oxygen levels after a months-long bout with COVID-19.
Months after being warned that her partner might never hold his daughter, Vanessa smiles as the girl works to cut two teeth on the device that Freddy wears like a necklace, a blue ribbon tied around it.
Freddy spent five months hospitalized a four-hour drive away from the couple’s home in the southwest Missouri town of Carthage on the most intense life support available. The 41-year-old father of six nearly died repeatedly and now he — like so many who survived COVID-19 hospitalizations — has returned home changed.
While more than 1 million died from COVID in the U.S., many more survived ICU stays that have left them with anxiety, PTSD and a host of health issues. Research has shown that intensive therapy starting in the ICU can help, but it was often hard to provide as hospitals teemed with patients.
“There is a human cost for ICU survivorship,” says Dr. Vinaya Sermadevi, who helped care for Freddy throughout his stay at Mercy Hospital St. Louis. “It is almost like going to war and having the aftermath.”
Freddy’s memories from those long months come in snatches — moments where he regained consciousness, hooked up to machines to breathe for him, clinging to life. Sometimes he asked for his mother, who died of COVID-19 in September 2020.
He missed the birth of his daughter, Mariana, and the first four months of her life. He may never be able to return to his construction job. His other young daughter is terrified he’ll go away again.
As the world moves on and mask mandates fall away, COVID-19 is not gone for them.
“We’re left with dealing with the leftovers of what it caused,” Vanessa says.
___
Vanessa, 28, was still pregnant with Mariana last summer when the delta variant struck poorly vaccinated southwest Missouri. She was skeptical about the vaccine, but her obstetrician reassured her it was safe and she decided to go ahead and get it.
Freddy was warming up to the idea, too. The native of Mexico City, had come to the U.S. around 20 years ago to work construction — cement jobs mostly — and was now a permanent resident. Sometimes he would work from 5 a.m. to 8 p.m., and often at least one day on the weekend.
On the very day in late August that they planned to schedule an appointment to be vaccinated, his throat began to ache. It was COVID.
Days later, with Freddy coughing and struggling to breathe, Vanessa rushed him to the emergency room at the local community hospital. Freddy, although worried about his family, recalls thinking that “it’s only a little bit.”
But pneumonia was running through both of his lungs. The next day, he was taken to a larger Springfield hospital that was overflowing with patients and placed on a ventilator. That too wasn’t enough.
He wound up in St. Louis, nearly 270 miles away from his two young daughters; Vanessa’s 10-year-old son, Miguel, who considers Freddy his father; and three other children with his ex-wife — 10-, 8- and 7-year-old boys.
It was a dark period when many people hoped the pandemic was ending, but the delta variant once again flooded the healthcare system. Filling shifts was a daily battle, and death was everywhere, recalls Dr. Sermadevi. She said that at the beginning of the pandemic, everyone was “stunned and astounded that this was even happening.” But grief, she says, has a “cumulative effect” and by the time the delta surge came “there wasn’t even room for those emotions.”
Freddy was lucky, though. For all the talk of ventilator capacity, what was in shortest supply during the delta surge was something called ECMO, or extracorporeal membrane oxygenation. It is used when a ventilator isn’t enough, pumping blood out of the body, oxygenating it, and then returning it.
Mercy Hospital St. Louis only had the equipment and staff to care for three ECMO patients at a time. And on Sept. 3, Freddy became one of them.
There were risks, though, to the long hospital stay he was embarking upon, says Dr. Ann Parker, a pulmonologist who co-directs the Post-Acute COVID-19 Team clinic at the Johns Hopkins University School of Medicine.
Survival rates for ECMO patients slipped during the pandemic to around 50%, according to a 2021 report by the medical journal The Lancet.
That meant even being on the machine, his chances at surviving were far from guaranteed.
___
Vanessa delivered Mariana on Oct 13. Freddy had been in the hospital for 48 days, and he didn’t even know he was the father of a healthy, 6-pound, 11-ounce daughter.
Far away from her fiancé, Vanessa logged into video calls with Freddy’s doctors the same day she brought the newborn home. The news wasn’t good — Freddy was suffering from infections and wasn’t recovering well.
A lung transplant, Sermadevi said, appeared to be his best option, but was a long shot, she warned them.
“I don’t want to give you false hope,” Sermadevi recalls telling the family. “And there is a chance that Mariana might grow up without a father.”
Vanessa, helping the hospital interpreter translate for Freddy’s family, glanced at the baby snuggled on a bouncy chair by her side. She was wearing the same hand-knitted yellow and white sweater and booties that the couple’s oldest daughter, now 4-year-old Melanii, had also worn home from the hospital.
She wanted to keep fighting.
So when the baby was just a week old, Vanessa began making the weekly drive from Carthage to St. Louis, where she stayed in a hotel from Mondays through Fridays. Freddy’s sister joined her, and her parents watched the children. It meant giving up the early months with the newborn.
“I have to split myself into two,” Vanessa remembers deciding. “I knew she needed me, but he also needed me. And so I knew that if I was there with him, there is a chance for him to come home and then we would all be able to be home with her. So I had to take that risk.”
___
Some of the most important keys to recovery in critical care aren’t medical. Visits from relatives, along with physical, occupational and speech therapists, have long been shown to be a difference maker for the sickest of patients.
COVID-19 upended those practices at many hospitals, as families were kept away to keep the virus from spreading.
“When our health care system starts to get overwhelmed and our hospitals start to get overwhelmed, some of those things are not prioritized as much as we would like them to be,” says Sermadevi, who is the medical director of the Mercy ECMO program. “And this impacts patient care and patient outcomes.”
Fears of infection, plus short staffing, also often meant less physical therapy, proven to speed recovery.
When Freddy’s family came, it made all the difference.
His room was transformed, photos of his family thumbtacked to the ceiling. Freddy’s family held his hand when he had respiratory distress, talking him through it. He needed less sedation and pain medication because, she says, “they were that for him.”
“We would just hear such love at the bedside,” she says. “And I feel like there’s only so much you can do in medicine, and then there is the rest.”
Money grew tight, though, with both Freddy and Vanessa no longer working. People showed up on the family’s doorstep. “Here,” they told her, “we know you need it.” A devout Catholic, she prayed sometimes 10 times a day, begging God, “Please, give them a miracle; heal him. He has all these kids he has to watch grow up.”
As the weeks wore on, staying on the ECMO was becoming unsustainable. There was bleeding and infections.
What followed was a careful dance that involved weaning down the ECMO settings and increasing the ventilator settings to get his lungs to do more of the work.
Dec. 2 was the day he came off the machine, and Vanessa was warned there were no guarantees that it would be a success.
“But in my mind and in my heart, I guess spiritually, I didn’t have that mentality,” Vanessa says. “I had the mentality that he was going to make it.”
That first night was fitful. After he made it through, his sister embraced the doctors. He had a chance.
___
With his lungs slowly improving, soon Freddy was up and trying to walk. Three people helped as he took his first steps on legs that were so numb just a few weeks earlier that he asked a cousin whether he still had them. The staff was overjoyed — a manager pulled out pom-poms, and there were streamers.
Ultimately, lung transplant talk was tabled.
By Feb. 9, he was heading home, 167 days after he first arrived at the hospital in his hometown.
Outside, the glass door of Freddy’s room, the nurses had drawn two lungs, coloring them blue and red. Next to the lungs, they wrote “We’ll be the air for you.”
All Vanessa could think was “finally.” Freddy had never met his baby. Nor had he seen any of his other children. Their interactions had been limited to Facetime and pictures.
Freddy arrives home. Melanii is shy, hugging him briefly along with older brother Miguel, before clinging to her mother.
“I told you daddy was going to come home, right?” Vanessa tells a smiling Melanii before pulling the baby from the car seat.
“Can your daddy hold your sister?”
Vanessa kisses the baby and then lays him in Freddy’s arms. Now just days away from turning 4 months old, Mariana smiles at him.
Melanii had been his shadow before the pandemic, “Daddy’s Princess,” following him around the house and outside as he cleaned his truck. In the months that he was gone, she consoled herself by watching a video of her parents dancing to Latin country music. Her father spins her mother around; both are smiling.
Now, she is still afraid, Vanessa says, “because every time he has an appointment, she’ll say, ‘Don’t go.’ She doesn’t cry. She just says, ‘Don’t go.”
Freddy relied on a walker and a wheelchair at first. He couldn’t sit or eat on his own.
But now the wheelchair is abandoned on the home’s back steps. He walks around the entire block, pulling a portable oxygen canister behind him on a dolly. He’s on the cusp of being able to carry his oxygen around in a backpack, which would give him more freedom.
The family spends hours outside in the late afternoon and evening, Freddy watching the children jump on the trampoline. His German Shepard sticks by his side.
“At the beginning, he would be anxious,” Vanessa says. “Now I think with him seeing his own change progressing, I notice he’s been doing a lot better. I think he’s more upbeat than anybody right now. He’ll have his moments where he’s like, ‘Oh, I feel good.’”
Vanessa is returning to work, life returning “back to normal a little bit.”
They want to wait until Freddy gets better to get married.
Yet they don’t know how much better he will get — or how quickly.
Such is the story of so many, who are alive yet forever changed, says Sermadevi, who has followed his progress from afar. Some of the nurses even became Facebook friends with Vanessa.
“It’s sad and happy at the same time,” she acknowledges. “And that’s very hard to reconcile.”
Copyright 2022 The Associated Press. All rights reserved. | https://www.mysuncoast.com/2022/07/20/scars-covid-persist-sickest-survivors-their-families/ | 2022-07-20T13:19:44Z |
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.mysuncoast.com/prnewswire/2022/07/05/instructure-announce-second-quarter-2022-financial-results-august-1-2022/ | 2022-07-05T21:05:01Z |
The rebranding reflects both the evolution of the project and its vision for the future www.forj.network
LONDON, May 19, 2022 /PRNewswire/ -- Bondly Finance and Animoca Brands announced today that Bondly Finance has been rebranded to Forj, marking a strategic shift in the business to focus on mass-audience onboarding to the world of Web3 and NFT technology across music, sports, lifestyle, celebrity brands and gaming.
Under its previous brand of Bondly Finance, Forj has led the way in the NFT space through innovative partnerships with well-known creators including influencer Logan Paul, Grammy-nominated musician Lewis Capaldi, and global music and events platform Bandsintown. Other notable partnerships include building the first official Ethereum-to-Cardano NFT bridge in collaboration with Input Output Hong Kong (IOHK), and powering one of the biggest available NFT minting platforms, Mint-on-Demand, in partnership with Spring.
Forj is the result of an extensive rebrand undertaken over the course of the past six months led by several leading brand design experts whose clients include Uber, Disney, AT&T, and Coca-Cola.
Forj encapsulates the principles of creation, innovation and partnership, with the primary brand mission to deepen the relationship between creator and fan to form a partnership, in the true spirit of Web3 applications and DAO governance.
Forj is majority owned by Animoca Brands, and the rebrand is just the first in a series of exciting announcements that will be released over the course of the next few months.
The rebrand includes the rollout of the new Forj website and the new branding of several consumer channels.
"The Forj brand launch marks a major milestone in our project's journey as we prepare for mass-adoption of Web3 and NFT technologies," said Harry Liu, CEO of Forj. "Tomorrow's consumers won't think twice about entering the metaverse to watch their favourite band, or buying the latest trainers as an NFT for their avatars, and Forj is positioned to facilitate that leap for Web3 beginners and experts alike."
"Our brand values for Forj centre around one of the founding principles of Web3: partnership," said Charles Stanton, CMO of Forj. "We're here to bring fans and creators closer than ever, even blurring the lines between the two, and through Forj we now have an exciting, dynamic brand vehicle to deliver these truly unique experiences."
"Bondly Finance's strategic rebrand to Forj comes at an integral time for Animoca Brands as we look to the popularization of Web3 technologies, including the evolution of the metaverse," said Yat Siu, co-founder and executive chairman of Animoca Brands. "Forj will deliver to consumers exciting and dynamic brands to provide an attractive gateway to these new Web3 experiences."
Video - https://mma.prnewswire.com/media/1821834/Forj_Video.mp4
Logo - https://mma.prnewswire.com/media/1821820/FORJ_Logo.jpg
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SOURCE Forj | https://www.wibw.com/prnewswire/2022/05/19/bondly-finance-announces-strategic-rebrand-forj/ | 2022-05-19T14:27:31Z |
RESTON, Va., May 18, 2022 /PRNewswire/ -- Executives know that they need agility. But the place they look to for guidance on achieving agility—so-called "Agile" methods—have largely failed.
Agile "frameworks" such as SAFe have a net promoter score of -56,1 and in a 2017 Allied Market Research study 63% of respondents stated the failure of agile implementation in their organizations.
Yet the pandemic showed us just how important agility is. Companies that were able to quickly switch suppliers or that were vertically integrated flourished. And many quickly shifted their product offerings to track what consumers were seeking. But some companies were left behind, locked into long-term contracts, or unable to re-engineer things in time, losing market share as a result.
It is widely accepted that to achieve agility, one must address the behavioral and cultural elements: otherwise, changing one's business processes will have little effect. The reason that the popular "Agile frameworks" fail is because they do not help you to adjust your organization's behavior or culture.
Now Agile 2 Academy (agile2academy.com) has the first approach that puts behavior and culture first.
The Constructive Agility Approach
We have seen that agility results from culture, behavior, and knowledge of agility-promoting patterns. These are not things that one can just copy. That's why Constructive AgilityTM (CA) takes a learning approach.
The CA process is to guide you through starting and growing your initiative. If you already have an initiative and want to make it more agile, then CA guides you through transforming it, little by little.
In the process of growing (or transforming) your initiative, you develop and refine strategies, and apply agility-promoting behaviors and patterns. You define your own processes, guided by Agile 2 behaviors (agile2.net) and by awareness of the culture that you are trying to create. Thus, you are learning while creating your own processes.
It is not easy. It is not cookbook. Real things are hard. But real learning will occur. You will achieve real agility.
Video: https://www.youtube.com/watch?v=-eaF0EAsNok
About Agile 2 Academy
Agile 2 Academy is a startup founded by several of the originators of the Agile 2 movement. Their book, Agile 2: The Next Iteration of Agile, has won wide acclaim. Agile 2 Academy's mission is to help organizations to use the ideas of Agile 2 effectively.
1 https://www.linkedin.com/pulse/safes-nps-score-is-56-stefan-wolpers/
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SOURCE Agile 2 Academy | https://www.wibw.com/prnewswire/2022/05/18/new-approach-constructive-agility-is-first-integrate-behavioral-cultural-change/ | 2022-05-18T20:19:25Z |
WALLINGFORD, Conn., Aug. 15, 2022 /PRNewswire/ -- Aware announced today that it has appointed Dennis Fitzpatrick as its new Chief Financial Officer and Sheila Coleman as the Company's first Diversity, Equity, Inclusion, and Belonging (DEIB) leader. Dennis and Sheila will work closely with Aware's CEO, Dr. Brian Holzer, as the Company continues to rapidly increase census and expand its innovative In-Home Addiction Treatment (IHAT) model to additional markets across the U.S.
Mr. Fitzpatrick comes to Aware with thirty years in healthcare financial management for multi-unit operations, having most recently served as CFO and Board member for PRO SMILE, a provider of dental services through sixty-seven points of care in three states. Previously, Dennis has held multiple other CEO, CFO, and board roles in private equity-backed healthcare services businesses, including dialysis and physical therapy companies of various sizes.
Ms. Coleman has been at Aware for six years, recently serving as the Connecticut Agency Director. Sheila was also one of the four founding members of the Company's Lantern Committee. Since 2020, the Lantern Committee has worked to create an informed and safe workplace for the Company's employees. The Lantern Committee has also worked to provide resources that promote a culturally sensitive approach to substance abuse treatment that we deliver to our clients and to the diverse communities we serve. In this newly created role, Sheila will lead a range of initiatives that inspire diversity and inclusion across our Company.
Dr. Holzer believes Dennis and Sheila are perfect fits to help lead Aware's bright future. "Both Dennis and Sheila are outstanding executives that will add additional expertise and represent our mission and dedication to our employees and clients. These appointments also support our organizational commitment to not only reach more clients but also cultivate a modern equitable workforce. I look forward to their contributions in the days and months ahead," said Holzer.
"I am excited to join the management team of Aware Recovery Care and partner with Brian in implementing the growth strategy for the business," said Fitzpatrick. "I also look forward to supporting our care teams who generate superior clinical outcomes, resulting in improved quality of life for our clients and their families."
"This is a very exciting time for Aware, and I am so pleased to be a part of creating this DEIB framework for our organization," said Coleman. "We are committed to enhancing our core values and demonstrating a culture of inclusivity and belonging for everyone. The true spirit of Aware will be visible in each and every interaction with our clients and one another."
Aware Recovery Care is a mission-driven company challenging traditional approaches to the treatment of Substance Use Disorder (SUD). A pioneer in In-Home Addiction Treatment (IHAT™), Aware delivers evidence-based, personalized service. Led by a multidisciplinary team of professionals and paraprofessionals, the unique 52-week program is designed for impact, reaching clients and their families in their own homes and communities. Aware's high-touch model improves the lives of people affected by addiction and creates irrefutable value for managed care plans and employers. Aware's outcomes clearly demonstrate that sustained recovery is achieved through deeper trust and genuine partnership.
In early 2021, Aware received an investment by Health Enterprise Partners (HEP), a growth equity firm whose investors include some of the largest health systems and health insurance plans in the United States. Aware now operates in nine states (CT, MA, RI, NH, ME, VA, OH, IN, FL) and is poised for hyper-growth and national expansion in partnership with established national and regional payors, employers, and other stakeholders.
Media Contact: Peter Gold at 860-874-7743 or peter_gold@goldorluk.com
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SOURCE Aware Recovery Care | https://www.wibw.com/prnewswire/2022/08/15/aware-recovery-care-announces-two-new-executive-hires/ | 2022-08-15T12:46:07Z |
SoccerFest, Music, Baseball, Veterans Parade and Fireworks Among the Scheduled Activities
DAYTONA BEACH, Fla., June 21, 2022 /PRNewswire/ -- With its 23 miles of pristine world-famous beaches, Daytona Beach is a great place to visit any time of the year, but the destination will shine especially bright on the upcoming July 4th holiday. From an inaugural two-day soccer and music festival held at Daytona International Speedway to concerts, a baseball game, a veterans parade and fireworks, visitors will find just what they are looking for to celebrate the Independence Day holiday weekend.
For the first time in history, a professional soccer field, at a cost of more than $1 million, will be built in the infield at Daytona International Speedway to host Daytona SoccerFest, which will feature a series of matches on July 2-3:
- Reigning Colombian champion Deportivo Cali vs. rival America De Cali
- The Legends Game with all-time best players from the Americas and Europe
- Orlando Pride vs. Racing Louisville FC in a regular season National Women's Soccer League (NWSL) match
The soccer festival will also feature a trio of high-energy, full-length concerts by Puerto Rican music sensation and Latin Grammy Award winner Rauw Alejandro, famous American rapper Chance the Rapper and Latin artist Adassa, who recently starred in Disney's "Encanto." There is also a fireworks show following the conclusion of the Orlando Pride-Racing Louisville FC match on Sunday night, July 3.
Visitors will discover plenty of options for even more fireworks shows in the Daytona Beach Area. The Daytona Tortugas, Single-A affiliate of the Cincinnati Reds of Major League Baseball, will face off against the St. Lucie Mets in a Florida State League game on Monday, July 4 with post-game fireworks scheduled after the final out.
The Daytona Beach Bandshell, the scenic amphitheater located on the north end of the Boardwalk amusement area overlooking the Atlantic Ocean, will host four concerts between July 1-4:
- The Boss Project – A Bruce Springsteen Tribute (July 1)
- Boxers and Southern Cross – Simon & Garfunkel and Crosby Stills Nash and Young Tributes (July 2)
- US Bee Gees – A Bee Gees Tribute (July 3)
- Alter Eagles – A tribute to The Eagles (July 4
Fireworks are scheduled on July 2 & 4 after the concerts at 9:45 p.m. General admission is free, guests may be bring their own chair. VIP reserved tickets are $10 each night.
Both the City of Ormond Beach and the City of Port Orange will provide fireworks with their July 4th celebrations. City Center Park in Port Orange will host a 4th of July Spectacular between 5:30 p.m. – 9 p.m. with the live band Chrome 57', food trucks, a corn hole tournament and kids' zone. Fireworks will be set off at 9 p.m.
City of Ormond Beach will host an Independence Day Celebration between 8 p.m. – 9:30 p.m. with music, food and fireworks, which will begin at 9 p.m.
The second annual Fourth of July Veterans Parade will be staged on Main Street at 10 a.m. and pay tribute to veterans and first responders. Organized by the Marine Corps League Daytona, the parade's lineup will feature nearly 30 local military organizations, as well as combat veterans, and the city's police and fire departments.
To view all the events happening in the Daytona Beach Area on July 4th Weekend, visit www.daytonabeach.com
Experience endless adventures in this eclectic destination that offers the perfect, beach base camp from which to explore the greater Daytona Beach area and all Central Florida. Choose thrilling activities or embrace the tranquility of days spent on 23 miles of world-famous white-sand beaches. With more than 12,000 rooms, and a variety of meeting hotels and unique spaces, the destination has accommodations for meetings and groups of all sizes and budgets. Learn more at DaytonaBeach.com. #LoveDaytonaBeach
Andrew Booth, Daytona Beach Area Convention and Visitors Bureau
abooth@daytonabeach.com | (386) 255-0415, ext. 125
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SOURCE Daytona Beach Area Convention & Visitors Bureau | https://www.wibw.com/prnewswire/2022/06/21/daytona-beach-celebrate-red-white-blue-july-4th-holiday-weekend/ | 2022-06-21T16:41:44Z |
SAN DIEGO, Aug. 2, 2022 /PRNewswire/ -- Socioeconomic deprivation, including neighborhood disadvantages and persistent low wages, are associated with higher dementia risk, lower cognitive performance and faster memory decline, according to several studies reported today at the Alzheimer's Association International Conference® (AAIC®) 2022 in San Diego and virtually.
Socioeconomic status (SES) — reflecting both social and economic measures of a person's work experience, and of an individual's or family's economic access to resources and social position — has been linked to both physical and psychological health and well-being. Research examining its impact on cognition is growing, and key findings presented at AAIC 2022 include:
- Individuals who experience high socioeconomic deprivation — measured using income/wealth, unemployment rates, car/home ownership and household overcrowding — are significantly more likely to develop dementia compared to individuals of better socioeconomic status, even at high genetic risk.
- Lower-quality neighborhood resources and difficulty paying for basic needs were associated with lower scores on cognitive tests among Black and Latino individuals.
- Higher parental socioeconomic status was associated with increased resilience to the negative effects of Alzheimer's marker ptau-181, better baseline executive function and slower cognitive decline in older age.
- Compared with workers earning higher wages, sustained low-wage earners experienced significantly faster memory decline in older age.
"It's vital we continue to study social determinants of health related to cognition, including socioeconomic status, so we can implement public health policies and create community environments that can improve the health and well-being of all," said Matthew Baumgart, vice president of health policy at the Alzheimer's Association.
At the recent Alzheimer's Association Promoting Diverse Perspectives: Addressing Health Disparities Related to Alzheimer's and All Dementias conference, researchers gathered to share knowledge and drive collaboration on vital health equity issues, including social determinants of dementia risk like socioeconomic status.
Researchers are beginning to understand that risk of cognitive impairment and dementia are, to a significant degree, determined by the conditions in which people are born, grow, live, work and age. To better understand how socioeconomic conditions and genetic risk for developing dementia may interact, Matthias Klee, a Ph.D. student in psychology at the University of Luxembourg, and team, collaborated with researchers from universities of Exeter and Oxford to examine data from 196,368 participants' records in the U.K. Biobank whose genetic risk for developing dementia was assessed through risk scores.
With this sample, the researchers investigated the contribution of individual socioeconomic deprivation — such as low income and low wealth — and area-level socioeconomic deprivation — such as employment rates and car/home ownership — to the risk of developing dementia, and compared it with genetic risk for dementia.
Klee and team reported at AAIC 2022 that:
- Both individual socioeconomic and area-level socioeconomic deprivation contribute to risk of dementia; area-level socioeconomic deprivation was associated with increased risk of dementia for those in very disadvantaged neighborhoods.
- For participants with moderate or high genetic risk, greater area-level deprivation is associated with even higher risk for developing dementia, after adjusting for individual-level socioeconomic conditions.
- Analyses with imaging markers indicated that socioeconomic deprivation both on the individual and the area level were linked to higher burden of white-matter lesions, a marker indicating brain aging and damage.
"Our findings point to the importance of the conditions in which people live, work and age for their risk of developing dementia, particularly those who are already genetically more vulnerable," said Klee. "Both individual health behaviors and non-influenceable living conditions are relevant to explain risk of dementia, particularly for individuals with increased genetic vulnerability. This knowledge opens new opportunities to reduce the number of people affected by dementia not only through public health interventions but also by improving socioeconomic conditions through policymaking."
A large body of research has shown that SES can influence the risk of dementia later in life. SES is often studied using years of education and income level as general factors in health research; however, it is not yet understood how subjective indicators, such as perceived neighborhood environment and access to resources, might also play a role in cognitive health.
To understand this relationship better, Anthony Longoria, M.S., clinical psychology doctoral candidate at University of Texas Southwestern, examined perceptions of neighborhood physical environment and perceived SES alongside a measure of cognition (Montreal Cognitive Assessment scores) in 3,858 diverse individuals from the Dallas Heart Study.
The researchers found that lower quality neighborhood resources, poorer access to food/heating and medical care, and exposure to violence were related to lower scores on a commonly used test of cognitive function in Black and Hispanic, but not White participants.
"This is important given that minority groups disproportionately experience economic adversity and neighborhood disadvantage, in addition to being more likely to be diagnosed with dementia and receive less timely care," said Longoria.
Additional data analyses show perceived neighborhood disadvantage and economic status also may affect white matter volume (WMV) and hyperintensities (WMH) in the brain, both of which are associated with dementia risk and vascular factors. Reported lower income and education were associated with higher WMH in the overall sample, and lower trust, access to health care, income, and education were significantly associated with lower cerebral WMV. "Violence" was associated with more WMH in Black women, lower "trust" was associated with lower WMV in Hispanic men, and lower "access to medical care" was associated with lower WMV in White women.
"Scientists and policymakers should emphasize improving neighborhood resources — including safety, access to high-quality food, clean outdoor spaces and health care — when developing public health policies to help reduce community risk of Alzheimer's and related dementias," said Longoria.
Little research to date has examined the impact of socioeconomic conditions on cognitive resilience, including biological markers of neurodegeneration. To study this, Jennifer Manly, Ph.D., professor of neuropsychology at Columbia University Irving Medical Center, and team, partnered with participants in a population-representative intergenerational study in New York City to determine whether parental socioeconomic status, as measured by years of education, buffers the association with levels of plasma ptau-181 (a marker of brain aging and Alzheimer's disease). They also studied whether there was an association with changes in memory among middle-aged adults, and whether moderation of Alzheimer's disease and related brain changes is similar across racialized and ethnic groups.
As reported at AAIC 2022, Manly and team found that higher parental socioeconomic status was associated with reduced impact of Alzheimer's marker ptau-181 on memory, language and executive function in their children as they age.
"Evidence from our multiethnic, intergenerational study suggests that early life socioeconomic conditions may promote cognitive reserve against Alzheimer's-related brain changes," said Manly. "These data show how structural and policy-driven investments, such as access to high quality education, have generational implications. Interventions that reduce childhood poverty could narrow Alzheimer's-related disparities."
Research into the effects of lower income on health is rapidly expanding. To study whether earning low hourly wages over a long period of time is associated with memory decline, Katrina Kezios, Ph.D., postdoctoral researcher at Columbia University Mailman School of Public Health, and team, used data from a national longitudinal study of American adults who were working for pay in midlife.
Kezios and team categorized study participants' history of low wages into those who (a) never earned low wages, (b) intermittently earned low wages or (c) always earned low wages, and then examined the relationship with memory decline over 12 years.
The researchers found that, compared with workers never earning low wages, sustained low-wage earners experienced significantly faster memory decline in older age. They experienced approximately one excess year of cognitive aging per 10-year period; in other words, the level of cognitive aging experienced over a 10-year period by sustained low-wage earners would be what those who never earned low wages experienced in 11 years.
"Our findings suggest that social policies that enhance the financial well-being of low-wage workers, including increasing the minimum wage, may be especially beneficial for cognitive health," said Kezios.
The Alzheimer's Association International Conference (AAIC) is the world's largest gathering of researchers from around the world focused on Alzheimer's and other dementias. As a part of the Alzheimer's Association's research program, AAIC serves as a catalyst for generating new knowledge about dementia and fostering a vital, collegial research community.
AAIC 2022 home page: www.alz.org/aaic/
AAIC 2022 newsroom: www.alz.org/aaic/pressroom.asp
AAIC 2022 hashtag: #AAIC22
The Alzheimer's Association is a worldwide voluntary health organization dedicated to Alzheimer's care, support and research. Our mission is to lead the way to end Alzheimer's and all other dementia — by accelerating global research, driving risk reduction and early detection, and maximizing quality care and support. Our vision is a world without Alzheimer's and all other dementia®. Visit alz.org or call 800.272.3900.
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SOURCE Alzheimer’s Association | https://www.wibw.com/prnewswire/2022/08/02/lower-socioeconomic-status-childhood-persistent-low-wages-linked-risk-dementia-faster-memory-decline/ | 2022-08-02T16:57:49Z |
Sheriff calls man ‘evil’ in animal cruelty case for intentionally starving dogs
BREVARD COUNTY, Fla. (Gray News) - A Florida man has been arrested for animal cruelty after investigators say he was intentionally starving his two dogs.
The Brevard County Sheriff’s Office reports Joseph Farkas is facing two counts of felony animal cruelty and two counts of unlawful confinement.
Authorities said the dogs were emaciated and in a state of paralysis when they arrived at Farkas’ home, and the animals required emergency medical treatment.
Brevard County Sheriff Wayne Ivey said Farkas was intentionally starving the dogs to death, and investigators called what they saw “disturbing.”
Ivey called Farkas “evil” as investigators said he left a sealed bag of dog food in direct view of the two dogs, contributing to their further suffering and torment. Investigators said the bag wasn’t opened for at least a month.
“What kind of sick, demented, and cruel person does that to a helpless animal,” Ivey said.
Farkas reportedly refused to open the door when authorities came to his home to arrest him. Ivey said he tried to drink liquid detergent to avoid going to jail.
“You [Farkas] deserve to be under the jail, but since the law only allows me to put you in it, that’ll have to do,” Ivey said.
The sheriff said the rescued dogs are recovering thanks to their veterinary team and remain out of Farkas’ care.
“We have zero tolerance for crime and zero tolerance for animal cruelty,” Ivey said.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/09/16/sheriff-calls-man-evil-animal-cruelty-case-intentionally-starving-dogs/ | 2022-09-16T20:13:21Z |
Man caught trying to break into same car twice in one morning, police say
TULSA, Okla. (Gray News) – A man in Tulsa was caught trying to break into the same car twice in one morning, police said.
The Tulsa Police Department arrested Andrew Thomas on Wednesday.
Police said they received a call around 1:15 a.m. about a man, later identified as Thomas, trying to break into a vehicle at an apartment complex.
Though unsuccessful, Thomas caused damage to the car’s door before taking off, police said.
Just over three hours later, Tulsa officers were called out to the same location for a report of Thomas trying to break into the same car again. This time, police said they found Thomas inside the vehicle and took him into custody.
Thomas is facing charges of burglary from a vehicle and possession of marijuana. Police said he is a convicted felon.
According to jail records, his bond was set at $4,250, and he is expected in court Tuesday.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.wibw.com/2022/08/08/man-caught-trying-break-into-same-car-twice-one-morning-police-say/ | 2022-08-08T18:22:18Z |
SINGAPORE, May 19, 2022 /PRNewswire/ -- The collapse of LUNA and TerraUST has sent shock waves across the entire cryptocurrency industry over the past week. The entire crypto market deep-dived to 11% in just 24 hours, and most cryptocurrencies have been suffering major losses such as Avalanche, ApeCoin, Solana, and Shiba Inu. As of May 15, Bitcoin is down 20% from last week, trading at $28,809, and Ethereum fell by 27% to $1,968.
LUNA's free-fall caused a severe shock to the digital currency market, resulting in abnormal trading conditions for many pairs, including LUNA and APE worldwide. On the social trading platform MoonXBT, some traders took advantage of the vulnerability and manipulated the price, resulting in the decoupling of LUNA and APE token prices from other trading platforms. In light of the situation, on May 10, MoonXBT launched an emergency shutdown and resumed full services after.
All LUNA and APE trading orders generated during the data anomaly were rendered invalid by the platform. In order to safeguard users' rights, the platform also pledges to take the initiative to compensate those who suffer loss for their positions on non-Luna-and-APE due to the emergency shutdown.
One of the possible reasons for the crisis, as suspected by many crypto experts and financial pundits, is the particular pricing structure of the TerraUST. The algorithm-based stablecoin uses a complicated method, with the help of LUNA, to ensure its value is maintained against the dollar, Edward Moya, a senior market analyst at foreign exchange platform OANDA, told Los Angeles Times. He added that most stablecoins will hold actual assets to function but the algorithmic solution that TerraUST had was unable to handle the market volatility that we are seeing across the bond markets.
Some also believed that the crypto market has not reached the bottom even after the volatility over the past week, although Moya believed that the crisis does not seem to suggest there is a systematic risk in the crypto market. Indeed, some see the past week as a "black swan" incident and that the crypto market should be able to recover and handle it.
Michael, Co-Founder of VB Margin and VB Capital thought highly of MoonXBT's measures towards LUNA crisis. He expressed that MoonXBT performed its duty as a responsible big trading platform when the platform took immediate action to protect the users' assets from being affected by the sharp market fluctuations. By showing cares to users, MoonXBT has once again demonstrated its responsibility as a fair, responsible and just platform that is committed to providing a sustainable and safe trading environment to its users.
Acknowledging the inevitability of the occurrence of black swan incidents like LUNA crisis, MoonXBT vowed to learn from these incidents and grow together with its users.
The platform, as always, will spare no efforts to protect its users' assets. Nor will it allow any violations by individuals to harm the interests of the majority users, MoonXBT said.
In addition to the compensation it promises to its users embroiled in this crisis, the platform said it will offer more investment projects and opportunities to its users. Users of the platform will have the priority and enjoy extra benefits for Web3.0 projects invested by MoonXBT.
MoonXBT reaffirms its goal to create a safe and just trading and investment environment for its users. It has been MoonXBT's mission to protect the safety of users' assets. The platform will make unremitting efforts to help the users profit from legitimate trading activities that comply with the regulations.
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SOURCE MoonXBT | https://www.wibw.com/prnewswire/2022/05/19/moonxbt-offers-full-refund-users-embroiled-luna-crisis/ | 2022-05-19T11:27:52Z |
Wichita City Council votes to decriminalize marijuana, fentanyl test strips
State leaders vow action next session
WICHITA, Kan. (WIBW) - The Wichita City Council has voted to decriminalize marijuana and now state leaders in the area have vowed action next session.
The Wichita City Council voted 5-2 on Tuesday night, Sept. 13, to no longer prosecute marijuana cases which means that while the drug is not legalized, the decision to prosecute would come down from the state instead of the District Attorney.
Specifically, the Council voted to exclude fentanyl testing strips and marijuana from the definition of “drug paraphernalia.”
“Wichitans have said for a long time that they want legal access to marijuana. Today’s ordinance decriminalizing possession is a meaningful first step. I hope this action will lead to the legislature passing a bill next session,” said Kansas House Democratic Leader Tom Sawyer (D-Wichita). “Last January, I introduced constitutional amendments alongside Assistant Democratic Leader Jason Probst allowing Kansans to vote on marijuana legalization. Despite statewide excitement, the Legislature declined to allow hearings, a debate, or a vote. Kansas remains one of four states with a full prohibition on marijuana.”
“I won’t stop advocating for legalization at the state level and I appreciate the leadership shown today by Mayor Brandon Whipple and the city council,” Sawyer noted. “As I celebrate this progress, I have Rep. Gail Finney in mind -- a key pillar in the marijuana legalization fight and honorable Wichita public servant.”
Assistant Democratic Leader Jason Probst (D-Hutchinson) said the move also directly confronts the deadly fentanyl flood.
“I am beyond happy that the City of Wichita had the courage to do what the Kansas legislature did not. By taking the lead to decriminalize fentanyl testing strips, Wichita is directly confronting one of the biggest public health threats and largest causes of death among young people in Kansas,” Probst said. “Kansans of all ages and all socioeconomic backgrounds are being unwittingly poisoned by fentanyl. We read almost daily of another high school or college student whose life was cut tragically short. At least in Wichita, we can move toward a formal and concerted education effort that will save lives, and prevent immeasurable pain and suffering for families.”
“Next session, I plan to once again introduce legislation to decriminalize fentanyl testing strips statewide - and I hope the legislature will have the wherewithal to get past the political posturing and antiquated thinking to implement this common sense, life-saving policy that doesn’t cost the taxpayers one cent,” Probst concluded.
While the move does not legalize fentanyl test strips and marijuana in Wichita, the Sedgwick County Sheriff and District Attorney have both warned that it could actually put more people in jail.
DA Marc Bennett said he would need at least three more prosecutors and another judge to handle the influx of cases that used to be municipal. Meanwhile, Sheriff Jeff Easter said those caught with marijuana would now have to be carted to jail instead of given a ticket or court summons and released.
However, some councilmembers said, still, that the change in prosecution would reduce the number of those with drug convictions.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/09/14/wichita-city-council-votes-decriminalize-marijuana-fentanyl-test-strips/ | 2022-09-14T12:44:47Z |
World's Largest Indoor Adventure Park Operator Looks to Add International Growth to Fast-Growing Kids Brand
DALLAS, June 2, 2022 /PRNewswire/ -- Urban Air Adventure Park, the largest indoor adventure park operator in the world and part of the youth enrichment growth-focused platform Unleashed Brands, will exhibit starting today at the International Franchise Expo, which runs June 2-4 at the Javits Center in New York City. The brand has experienced strong growth for the first half of 2022 in the U.S. and is looking to expand in international markets such as Canada, the United Kingdom, United Arab Emirates and Saudi Arabia.
Urban Air will exhibit at Booth 531 at this year's 30th annual International Franchise Expo (IFE), hosted by MFV Expositions and Comexposium in partnership with the International Franchise Association. The IFE attracts local, out-of-state, and overseas prospects interested in investing in highly reputable and emerging franchise concepts.
"Urban Air Adventure Park is leading a revolution in the kid-focused franchise space. Innovation, high customer satisfaction and record-breaking sales create the ideal opportunity for entrepreneurs to diversify their portfolios," said James Franks, VP of Franchise Recruitment for Unleashed Brands. "With a proven business model that has been developed and refined over the past 10+ years, we are now seeking international expansion."
In the first half of 2022, Urban Air has signed 23 new franchise agreements, set to bring parks to several new markets across the country. The brand is known for providing endless hours of next-level family fun through go-karts, rock climbing, dodge-balling, the Sky Rider, a zip line-like experience, and more.
To continue this momentum, Urban Air is currently seeking driven leaders that are looking for a higher purpose than just profits and are motivated to engage in their local community through social interactions, exercise, and elevated play for each kid that walks through their doors. With 50 percent of franchisees operating fully remotely, Urban Air offers a partnership flexible to the franchisee's preferences including many facets of support to build better experiences and ultimately grow.
To learn more about Urban Air and its franchising opportunities, visit https://urbanairfranchise.com/.
About Urban Air Adventure Park
Urban Air Adventure Park is the Nation's #1 destination for family fun, featuring a variety of attractions perfect for all ages. The award-winning national franchise brand is the largest adventure park operator in the world with more than 156 locations open and 130+ in development. Urban Air, founded in 2011, was in search of a higher purpose to help kids have fun while achieving activity goals that enhance their social and physical skills. For more information visit www.UrbanAir.com.
About Unleashed Brands
Unleashed Brands, currently includes portfolio brands Urban Air, Snapology, The Little Gym, XP League, Class 101 and Premier Martial Arts. and was founded to curate and grow a portfolio of the most innovative and profitable brands that help kids learn, play and grow. Over the last 10 years, the team at Unleashed Brands has built a proven platform and know-how for scaling businesses focused on serving families. Its mission is to impact the lives of every kid by providing fun, engaging and inspiring experiences that help them become who they are destined to be. For more information, please visit www.UnleashedBrands.com.
Media Contact: Sara Faiwell, Fishman Public Relations, sfaiwell@fishmanpr.com or 847-945-1300
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SOURCE Urban Air Adventure Parks | https://www.mysuncoast.com/prnewswire/2022/06/02/urban-air-adventure-park-exhibit-international-franchise-expo-nyc-sets-sights-global-expansion/ | 2022-06-02T15:59:17Z |
ROCKDALE — Services for Margaret Louise Green, 83, of Rockdale will be 10 a.m. today at Phillips & Luckey Funeral Home in Rockdale.
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ROCKDALE — Services for Margaret Louise Green, 83, of Rockdale will be 10 a.m. today at Phillips & Luckey Funeral Home in Rockdale.
Burial will be in Oak Lawn Cemetery.
Mrs. Green died Saturday, July 16, in Austin.
She was born July 28, 1939, in Rockdale to Johnnie Davis and Tommie Louise Fair Sanders. She graduated from Aycock High School in Rockdale and Prairie View A&M University. She attended Texas A&M University. She was a teacher at Rockdale Elementary School. She married Elias Green in 1982. She was a member of Missionary Baptist Church.
She was preceded in death by a stepson, Richard Green.
Survivors include her husband of Rockdale; three daughters, Felicia Wesley, Lanell Baker and Melanie McBride, all of Round Rock; a sister, Johnnie Banks of Rockdale; 8 grandchildren; and 6 great-grandchildren. | https://www.tdtnews.com/obituaries/article_f1baa97a-0a18-11ed-b772-b7babb6a445c.html | 2022-07-23T07:20:33Z |
SANTA MONICA, Calif., Sept. 6, 2022 /PRNewswire/ -- Cypress Creek Renewables is pleased to announce the closing of $216 million in financing for its Zier Solar and Storage project.
Norddeutsche Landesbank Girozentrale ("NORD/LB") acted as Coordinating Lead Arranger (CLA), Lender and LC Issuing Bank alongside Rabobank, National Bank of Canada, and the North American Development Bank as Joint Lead Arrangers. Together they have provided a construction-to-term loan, tax equity bridge loan and letter of credit facilities.
The project, located in Kinney County, Texas, is a 208MW solar farm with a 40MW/80MWh battery energy storage system (BESS). Once completed, the project will add installed renewable energy capacity and battery storage to the Texas grid. Construction commenced concurrent with the financial closing.
"It has been wonderful partnering with these lenders on another successful financing as we work together toward a more sustainable future," said Sarah Slusser, CEO of Cypress Creek Renewables. "We can't wait to get this project constructed and producing renewable energy that will improve the resiliency and reliability of the Texas grid."
Cypress Creek is a leader in the Texas solar market with close to 2GW of solar developed to date in the state. The Zier Solar and Storage Project is the first solar plus storage project developed by Cypress Creek in Texas and will produce enough energy in its first year to power more than 30,000 homes.
"We are delighted to have partnered with Cypress Creek Renewables in this financing – the 4th NORD/LB has been entrusted with as CLA on their behalf in the last 12 months. Cypress Creek Renewables has quickly become a force to be reckoned with in the U.S. renewables space, and we are honored to play a part in their success," said Nicolai Dillow, Head of Structured Finance Originations for NORD/LB's New York branch.
About Cypress Creek Renewables
Cypress Creek Renewables is a leading renewables developer and independent power producer. It develops, finances, owns, and operates utility-scale and distributed solar and energy storage projects across the United States with a mission to power a sustainable future, one project at a time. Since inception, Cypress Creek has developed more than 12GW of solar projects. Today it owns 2GW of solar facilities in operation and has a 17GW development pipeline. Cypress Creek's leading O&M services business operates and maintains 4GW of solar projects for customers across 19 states. For more information about Cypress Creek, please visit www.ccrenew.com.
About NORD/LB
NORD/LB is a leader investor in the energy & infrastructure sectors, with an established global renewables franchise, and proven track record as a lead arranger in the U.S. project finance market. NORD/LB is a German Landesbank and one of the largest commercial banks in Continental Europe. It is a public corporation, majority-owned by the states of Lower Saxony and Saxony-Anhalt, with head office in Hanover and branches worldwide, incl. dedicated project finance teams in New York, London and Singapore.
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SOURCE Cypress Creek Renewables | https://www.kxii.com/prnewswire/2022/09/06/cypress-creek-renewables-closes-financing-texas-solar-storage-project/ | 2022-09-06T16:01:04Z |
Did you lose money on investments in Wells Fargo & Company? If so, please visit Wells Fargo & Company Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com to discuss your rights.
NEW YORK, July 13, 2022 /PRNewswire/ -- Bernstein Liebhard LLP, a nationally acclaimed investor rights law firm, reminds investors of the deadline to file a lead plaintiff motion in a securities class action lawsuit that has been filed on behalf of investors who purchased or acquired the common stock of Wells Fargo & Company ("Wells Fargo" or the "Company") (NYSE: WFC) between February 24, 2021 and June 9, 2022, inclusive (the "Class Period"). The lawsuit was filed in the United States District Court for the Northern District of California and alleges violations of the Securities Exchange Act of 1934.
Wells Fargo is a diversified financial services company that provides banking, investment, mortgage, and consumer and commercial finance products and services.
On May 19, 2022, the New York Times published an article entitled "At Wells Fargo, a Quest to Increase Diversity Leads to Fake Job Interviews". Citing discussions with "seven current and former Wells Fargo employees", including Joe Bruno, a former executive in the Company's wealth management division, the article reported, in relevant part, that "[f]or many open positions, employees would interview a 'diverse' candidate", but "that often, the so-called diverse candidate would be interviewed for a job that had already been promised to someone else." The article further reported that Mr. Bruno was fired after "complain[ing] to his bosses" about the practice. On this news, Wells Fargo's common stock price fell $0.44 per share, or 1.04%, over two trading sessions, closing at $41.67 per share on May 20, 2022.
Then, on June 6, 2022, Reuters published an article entitled, "Wells Fargo pauses diverse slate hiring policy after reports of fake job interviews." The article reported that "Wells Fargo . . . is pausing a hiring policy that requires recruiters to interview a diverse pool of candidates, after the New York Times reported such interviews were often fake and conducted even though the job had already been promised to someone else."
Finally, on June 9, 2022, the New York Times published an article entitled "Federal Prosecutors Open Criminal Inquiry of Wells Fargo's Hiring Practices." The article reported that federal prosecutors are investigating whether Wells Fargo violated federal laws by conducting fake job interviews to meet the Company's Diverse Search Requirement. The article also revealed that, since the New York Times' May 19, 2022 article focusing on the bank's wealth management business, "another 10 current and former employees have shared stories about how they were subject to fake interviews, or conducted them, or saw paperwork documenting the practice", and that "sham interviews occurred across multiple business lines, including its mortgage servicing, home lending and retail banking operations."
That same day, Wells Fargo issued a press release stating that "[e]arlier this week, the [C]ompany temporarily paused the use of its diverse slate guidelines" and that "[d]uring this pause, the [C]ompany is conducting a review so that hiring managers, senior leaders and recruiters fully understand how the guidelines should be implemented…"
Following these disclosures, Wells Fargo's common stock price fell $3.68 per share, or 8.62%, over the following two trading sessions, closing at $38.99 per share on June 13, 2022.
Plaintiff alleges that Defendants made materially false and misleading statements throughout the Class Period. Specifically, Plaintiff alleges that Defendants failed to disclose that: (i) Wells Fargo had misrepresented its commitment to diversity in the Company's workplace; (ii) Wells Fargo conducted fake job interviews in order to meet its Diverse Search Requirement; (iii) the foregoing conduct subjected Wells Fargo to an increased risk of regulatory and/or governmental scrutiny and enforcement action, including criminal charges; and (iv) all of the foregoing, once revealed, was likely to negatively impact Wells Fargo's reputation.
If you wish to serve as lead plaintiff, you must move the Court no later than August 29, 2022. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. Your ability to share in any recovery doesn't require that you serve as lead plaintiff. If you choose to take no action, you may remain an absent class member.
If you purchased WFC common stock, and/or would like to discuss your legal rights and options please visit Wells Fargo & Company Shareholder Class Action Lawsuit or contact Peter Allocco at (212) 951-2030 or pallocco@bernlieb.com.
Since 1993, Bernstein Liebhard LLP has recovered over $3.5 billion for its clients. In addition to representing individual investors, the Firm has been retained by some of the largest public and private pension funds in the country to monitor their assets and pursue litigation on their behalf. As a result of its success litigating hundreds of lawsuits and class actions, the Firm has been named to The National Law Journal's "Plaintiffs' Hot List" thirteen times and listed in The Legal 500 for ten consecutive years.
ATTORNEY ADVERTISING. © 2022 Bernstein Liebhard LLP. The law firm responsible for this advertisement is Bernstein Liebhard LLP, 10 East 40th Street, New York, New York 10016, (212) 779-1414. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
Contact Information:
Peter Allocco
Bernstein Liebhard LLP
https://www.bernlieb.com
(212) 951-2030
pallocco@bernlieb.com
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SOURCE Bernstein Liebhard LLP | https://www.wibw.com/prnewswire/2022/07/13/wells-fargo-amp-company-nyse-wfc-shareholder-class-action-alert-bernstein-liebhard-llp-reminds-investors-deadline-file-lead-plaintiff-motion-securities-class-action-lawsuit-against-wells-fargo-amp-company-nyse-wfc/ | 2022-07-13T06:23:28Z |
After the mass murder of 19 school children and two Teachers, the Protecting the Kids Act passed by the house by a vote of 223 for, 204 against, only five Republicans joined the Democrats and voted for the bill, while 204 Republicans voted against it. The bill will not pass in the Senate, which is controlled by Republicans.
What does that tell you? It tells me that the Republicans, who are beholding to the gun lobby, don't care about the lives of our children (or anyone else). Over 51% of Americans want a ban on assault weapons, while 32% don't. Shouldn't the majority rule?
The problem in our country is that the Republicans, who are controlled by the gun lobby, have the power to veto any such legislation. The only way to change this problem is to vote the Republicans out of office!
The country of New Zealand does not have that problem because they are smarter than Americans. Fifty percent of New Zealand's Parliament consists of women. It took them 72 hours to correct their problem ... 72 hours!
After a mass shooting at two Mosques in Christ Church, New Zealand, where 50 people were killed, New Zealand's Parliament enacted a law banning all assault weapons. Since that law was passed there have been no mass shootings in New Zealand.
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accounts, the history behind an article. | https://www.albanyherald.com/opinion/follow-new-zealands-example-in-mass-shootings/article_21bb1d0a-f7b6-11ec-8c86-1b236c13e2a4.html | 2022-06-29T16:12:23Z |
Integrated Field and Office Environment Makes Scanning Easier to Transform Data into Decisions
SUNNYVALE, Calif., July 26, 2022 /PRNewswire/ -- Trimble (NASDAQ: TRMB) introduced today the new Trimble® X12 scanning system to the geospatial scanning portfolio. The X12 integrates intuitive Trimble software for precise data capture and in-field registration with state-of-the-art 3D laser scanning and imaging hardware technology from Zoller+Fröhlich (Z+F), combining the expertise of two industry leaders into a single solution.
The Trimble X12 can be operated by using Trimble Perspective field software installed on a Trimble T10x tablet to enable registration and refinement of scans in the field, ensuring project accuracy and completion before leaving the jobsite. Users can also leverage Trimble's customized on-board software menu to configure and operate the scanner. Data is exported from the field and processed in the office with Trimble RealWorks™ software or third-party software. Final deliverables can be shared online with clients and stakeholders using Trimble Clarity, a browser-based data collaboration and visualization tool.
Transforming high-quality 3D data into decisions, such as using scans, models and imagery to determine the structural integrity of aging infrastructure, is streamlined with the Trimble X12 because the data can reside within the Trimble software ecosystem. This advantage allows users to easily visualize, manage and evaluate the project throughout the entire workflow, even for beginners and new users to scanning technology.
With features including best-in-class range (from 0.3 up to 365 meters) and scan speed of up to 2.187 million points per second, the Trimble X12 produces scan data and images with a quality and clarity never seen before—which complements the Trimble X7 capabilities within the scanning product portfolio.
"The Trimble X12 puts the most advanced 3D scan and image capture within reach for a variety of skill levels," said Jacek Pietruczanis, business area director for Scanning and Mobile Mapping, Trimble Geospatial. "The system enables advanced scanning professionals to improve their productivity with top-of-the-line performance and efficiency gains, while those new to scanning can easily unlock this advanced capability with the touch of a button."
The Trimble X12 is available now through Trimble Geospatial's Authorized Distribution Network. For more information visit: geospatial.trimble.com/X12.
Trimble Geospatial provides solutions that facilitate high-quality, productive workflows and information exchange, driving value for a global and diverse customer base of surveyors, engineering and GIS service companies, governments, utilities and transportation authorities. Trimble's innovative technologies include integrated sensors, field applications, real-time communications and office software for processing, modeling and data analytics. Using Trimble solutions, organizations can capture the most accurate spatial data and transform it into intelligence to deliver increased productivity and improved decision-making. Whether enabling more efficient use of natural resources or enhancing the performance and lifecycle of civil infrastructure, timely and reliable geospatial information is at the core of Trimble's solutions to transform the way work is done. For more information, visit: geospatial.trimble.com.
Trimble (NASDAQ:TRMB) is an industrial technology company transforming the way the world works by delivering solutions that enable our customers to thrive. Core technologies in positioning, modeling, connectivity and data analytics connect the digital and physical worlds to improve productivity, quality, safety, transparency and sustainability. From purpose-built products to enterprise lifecycle solutions, Trimble is transforming industries such as agriculture, construction, geospatial and transportation. For more information about Trimble, visit: www.trimble.com.
GTRMB
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SOURCE Trimble | https://www.wibw.com/prnewswire/2022/07/26/new-scanning-imaging-solution-trimble-simplifies-3d-deliverables/ | 2022-07-26T12:19:58Z |
SLIEMA, Malta, July 7, 2022 /PRNewswire/ -- In June, Internet Vikings released their first publication, iGaming & Sports Betting FUTURE Magazine, featuring developments, analytics, and forecasts within the iGaming industry.
"For the past half a year, our team has been very busy behind the scenes working on this unique publication, and I am very pleased to see such a positive reaction from our readers," Anna Dobrovolskaya, Internet Vikings CMO and the magazine project initiator, expressed her excitement.
Inspired by the desire to share their knowledge with the world, Internet Vikings created an all-inclusive magazine featuring iGaming industry trends, global market statistics, in-depth analysis of U.S. expansion, and technology's role within the growing industry.
The FUTURE is based on the opinions of well-respected contributors such as the lawyer and activist Max Schrems, NOGA Managing Director, Peter-Paul de Goeji, and Chairman of Green Jade Games, Jesper Karrbrink, and serves to empower iGaming enterprises with expert, validated, and detailed information that is needed to succeed in the industry.
"This is not a commercial project; this was a people's project. Our goal was to share firsthand industry experience, drive iGaming enterprises forward, and positively impact the iGaming community. That was always our main focus. We are thrilled at the response and feedback we have received," added Anna.
At first, Internet Vikings iGaming & Sports Betting FUTURE magazine had been available solely online. However, due to high demand, the decision has been made to print hard copies which can be ordered on their website completely free of charge.
CONTACT:
For press inquiries please contact Julija Lavosnik
+35699998020
julija.lavosnik@internetvikings.com
This information was brought to you by Cision http://news.cision.com
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SOURCE Internet Vikings International AB | https://www.kxii.com/prnewswire/2022/07/07/magazine-aimed-industry-growth/ | 2022-07-07T10:49:22Z |
OSLO, Norway, June 7, 2022 /PRNewswire/ -- Gaming Innovation Group Inc. (GiG), has signed a head of terms agreement with US based sports betting brand, Crab Sports, to provide its award winning Platform and Sportsbook solution in Maryland. This is the first deal in the US for the new and greatly expanded offering of GiG and Sportnco, and provides an example of the exciting potential of the combined product offering.
Powered by its leading technology and flexible architecture, this turnkey solution includes the technical platform, CMS and the recently acquired Sportnco Sportsbook, all powered by GiG's unique data and GiG Logic rules based solutions.
Crab Sports' excellent leadership team will leverage over 20 years' experience in online gaming to launch and drive their locally focused brand. Utilising their deep understanding of the market, the team intends to build a compelling experience and brand that will resonate strongly with customers in Maryland, US.
It is anticipated that the full contract will be signed in the next few months, with go live projected to be in H2 2022. As a result, GiG expects a positive contribution from Q4 2022 onwards.
Maryland's sports betting market is anticipated to generate $217m of revenue in the first year alone. Both GiG and Crab Sports are excited to enter the market as an aggressive challenger with a differentiated strategy. Combining a strong locally recognized brand with a quality product focused on user experience, conversion, retention, and the highest standards of responsible gaming and customer support, both Crab Sports and GiG are highly optimistic for the future of the partnership.
Richard Brown, CEO of GiG, said: "I am delighted to have partnered with Crab Sports. We see great potential in the Crab Sports excellent team and local approach and we see great potential in Maryland. We look forward to working closely with the Crab Sports team to maximise their potential through a successful launch. This is a proud moment for us and highlights the faith we have in the synergies between GiG and Sportnco. This type of deal is directly in our 'wheelhouse', helping challenger brands drive value and enter newly regulated markets, showcasing our product in the 'soon to be' open Maryland market."
For more information,contact:
Richard Brown, CEO GiG, richard.brown@gig.com, +34 661599025
About Gaming Innovation Group (GiG)
Gaming Innovation Group is a leading iGaming technology company, providing solutions, products and services to iGaming Operators. Founded in 2012, Gaming Innovation Group's vision is 'To be the industry-leading platform, sportsbook and media provider delivering world-class solutions to our iGaming partners and their customers. GiG's mission is to drive sustainable growth and profitability of our partners through product innovation, scalable technology and quality of service. Gaming Innovation Group operates out of Malta and is dual-listed on the Oslo Stock Exchange under the ticker symbol GIG and on Nasdaq Stockholm under the ticker symbol GIGSEK. www.gig.com
About Crab Sports
Founded in 2021, Crab Sports is a start-up mobile sportsbook operator which will operate in Maryland, USA. The company's vision is to give its customers in Maryland a differentiated, truly 'local' experience which offers them a compelling value proposition over and above the nationally recognised sportsbooks. Crab Sports' distinctive branding, partnerships with local hero businesses, and 100% in-state operations will ensure that it gives customers the best possible sports betting experience in the market.
This information was brought to you by Cision http://news.cision.com
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SOURCE Gaming Innovation Group | https://www.wibw.com/prnewswire/2022/06/07/gaming-innovation-group-signs-head-terms-agreement-with-crab-sports-maryland/ | 2022-06-07T07:55:14Z |
Logistics Company ShipNetwork to Offer eCommerce Customers Industry-Leading Capabilities
LAS VEGAS, Aug. 1, 2022 /PRNewswire/ -- A leader in the eCommerce shipping industry, Devin Johnson, today announced the purchase of Rakuten Super Logistics (RSL), a national leader in the 3PL (Third Party Logistics) sector. The newly acquired company will now operate under the brand name ShipNetwork.
"We view the purchase of RSL, and its evolution into ShipNetwork, as a tremendous opportunity to further develop the company's extensive network and capabilities," explained Devin Johnson, Chief Executive Officer and owner of ShipNetwork and sister company, FirstMile. "This acquisition will allow ShipNetwork to continue to build on its existing partnership with FirstMile, thereby providing all of our clients an additional full suite of logistics parcel technologies and solutions."
With the goal of providing eCommerce retailers best in class products and services, as a result of this purchase ShipNetwork clients will have access to the full suite of both domestic and international transportation solutions and technology.
Johnson added that the acquisition of ShipNetwork will benefit both the company's current clients, as well as those of its sister company, FirstMile.
"Clients of both ShipNetwork as well as FirstMile will gain added volume and density from our expanded network, enhancing both company's abilities to reach deeper into postal and regional carrier networks," Johnson said. "We expect this to result in both reduced costs to our clients, as well as improved service performance."
Going forward, ShipNetwork expects to add to its current footprint facilities in both the eastern and western regions of the nation. Plans are for new facilities to be larger than current RSL locations, thereby expanding the company's abilities to support larger-scale retail distribution for current and future clients that may require enhanced capability.
With the explosive growth of online commerce—as seen by the critical role of eCommerce during the Covid-19 pandemic—the importance of logistics firms in the nation's supply chain has continued to grow; as national leaders in the 3PL sector, ShipNetwork and sister company FirstMile allow eCommerce merchants to focus on operating—and growing—their respective businesses, with the knowledge that both companies ensure delivery of their products in a timely and cost-efficient manner.
"We assume responsibility for warehousing, warehouse technology, fulfillment, and shipping expertise," Johnson said. "For our clients, that means their entire focus can be on ensuring that their eCommerce businesses run at optimal capacity and continue to prosper."
For more information on ShipNetwork visit www.shipnetwork.com
ShipNetwork is a leader in eCommerce order fulfillment services and freight management. ShipNetwork offers national fulfillment services and a network of fulfillment centers across the US, including Anaheim (CA), Atlanta (GA), Austin (TX), Carlstadt (NJ), Chicago (IL), Denver (CO), Houston (TX), Las Vegas (NV), Olean (NY), Reno (NV), Salt Lake City (UT), and Scranton (PA). ShipNetwork's fulfillment system allows for integration with popular shopping cart platforms and online marketplaces, including Amazon, BigCommerce, Channel Advisor, eBay, Magento, ShipStation, Shopify, Volusion, Walmart Marketplace, and WooCommerce.
Media Contact:
Carolina Cano-Espinoza
Marketing Manager, ShipNetwork
(702) 664-1481
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SOURCE ShipNetwork | https://www.kxii.com/prnewswire/2022/08/01/rakuten-super-logistics-is-now-shipnetwork-under-new-ownership/ | 2022-08-01T23:37:44Z |
NEW YORK, May 16, 2022 /PRNewswire/ -- Attention Playstudios, Inc. ("Playstudios, Inc.") (NASDAQ: MYPS) shareholders:
The Law Offices of Vincent Wong announce that a class action lawsuit has commenced on behalf of investors. This lawsuit is on behalf of a class consisting of all persons and entities other than defendants who: (a) purchased, or otherwise acquired securities of Playstudios between June 22, 2021 and March 1, 2022, both dates inclusive, including, but not limited to, those who purchased or acquired Playstudios securities pursuant to the offering of the private investment in public equity; (b) held common stock of Acies as of May 25, 2021, and were eligible to vote at Acies' June 16, 2021 special meeting who exchanged their shares of Acies stock for shares of Playstudios stock pursuant to the merger of Acies and Old Playstudios; and/or (c) purchased or otherwise acquired Playstudios common stock pursuant to or traceable to Acies' documents issued in connection with the June 2021 merger.
If you suffered a loss on your investment in Playstudios, Inc., contact us about potential recovery by using the link below. There is no cost or obligation to you.
ABOUT THE ACTION: The class action against Playstudios, Inc. includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (i) Playstudios was having significant problems with its flagship game, Kingdom Boss; (ii) Playstudios would not be releasing Kingdom Boss as expected; and (iii) Playstudios had not revised its financial projections to account for the problems it had encountered with Kingdom Boss. As a result of defendants' wrongful conduct, Class members paid artificially inflated prices for their Playstudios securities and suffered substantial losses and damages.
DEADLINE: June 6, 2022
Aggrieved Playstudios, Inc. investors only have until June 6, 2022 to request that the Court appoint you as lead plaintiff. You are not required to act as a lead plaintiff in order to share in any recovery.
Vincent Wong, Esq. is an experienced attorney who has represented investors in securities litigations involving financial fraud and violations of shareholder rights. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
Vincent Wong, Esq.
39 East Broadway
Suite 304
New York, NY 10002
Tel. 212.425.1140
E-Mail: vw@wongesq.com
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SOURCE The Law Offices of Vincent Wong | https://www.kxii.com/prnewswire/2022/05/16/class-action-alert-law-offices-vincent-wong-remind-playstudios-inc-investors-lead-plaintiff-deadline-june-6-2022/ | 2022-05-16T10:53:16Z |
Famed 96 Year Old San Francisco Artist Known for Mayoral Portraits and Last Year's "Kneeling Man" Tribute to Colin Kaepernick and Black Lives Matter
"The January 6th Guernica"
SAN FRANCISCO, June 8, 2022 /PRNewswire/ -- On the eve of the January 6th Congressional hearings, famed San Francisco artist Elaine Badgley Arnoux (www.badgleyarts.com), 96, is unveiling a wall-sized indictment of the 45th President, the GOP and the anti-democratic forces that laid siege to the United States Capitol on January 6, 2021 in a failed coup attempt.
"This is the January 6th Guernica," said Arnoux, referring to Picasso's famous painting following the bombing of Guernica during the Spanish Civil War. Arnoux has long been known for her official portraits of San Francisco Mayors including a soon-to-be unveiled portrait of London N. Breed and a lifetime of activist art such as last year's "Kneeling Man" inspired by Colin Kaepernick and Black Lives Matter. "I don't pull any punches in my art. This is a full throated, full throttled indictment of those people who tried to overturn our democracy."
A vividly colored and dramatically intense tableaux, "Ode to January 6th" is seven feet by nine feet. Badgley-Arnoux hopes the painting will become a rallying cry for the mid-term elections and beyond. Currently, the artist is looking for an appropriate public space to display the work. With imagery both realistic and metaphorical, "Ode to January 6th" is a stinging artistic indictment of former President Donald Trump
"I won't even say his name," said Arnoux, who nonetheless features an eerie silhouette of the former chief executive as part of the canvas. "I only refer to him as the 45th and pray God never again President."
In the center is an effigy of "Little Red Riding Hood" hanging from a noose: a graphic and disturbing image with specific meaning.
"That's the GOP," states the artist. "Red like red states, dressed up to look harmless, but in reality a wolf at the throat of our Republic."
Elaine Badgley Arnoux was born in Omaha, Nebraska in 1926 and moved to Southern California when she was 11. She received an award to study at Chouinard Art Institute, Los Angeles, and later moved to San Luis Obispo where she worked as a painter. In 1952 Badgley Arnoux co-founded the San Luis Obispo Art Association. In 1965, she and her family relocated to San Francisco where she continues to live and work. Badgley Arnoux's long and productive career as a painter and portraitist, teacher and activist reflects her extensive travel and residence abroad in Europe, Mexico and North Africa, which strengthened her dedication to people and social welfare. Her works are featured in the collections of numerous museums including the Fine Arts Museums of San Francisco and Achenbach Collection; Stanford University Library Special Collections, Stanford, CA; the National Gallery of Art, Washington, DC; Bancroft Library, University of California, Berkeley; and the de Saisset Museum, Santa Clara, CA. She has done numerous commissions for public places, including a recent portrait for Openhouse, Community for LGBT Seniors, San Francisco.
Media contact: DP&A, Inc. / David Perry (415) 676-7007 / news@davidperry.com
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SOURCE David Perry & Associates | https://www.mysuncoast.com/prnewswire/2022/06/08/ode-january-6th-painting-unveiled-by-elaine-badgley-arnoux/ | 2022-06-08T22:48:10Z |
NEW YORK, May 12, 2022 /PRNewswire/ -- Prime Number Acquisition I Corp. (the "Company"), a newly organized blank check company incorporated as a Delaware corporation today announced the pricing of its initial public offering of 6,000,000 units at an offering price of $10.00 per unit, with each unit consisting of one share of Class A common stock, one-half of one redeemable warrant, and one right. Each whole warrant will entitle the holder thereof to purchase one share of Class A common stock, and each right will entitle the holder thereof to receive one-eighth (1/8) of one share of Class A common stock upon the completion of an initial business combination. The exercise price of the warrants is $11.50 per full share. The units are expected to trade on the Nasdaq Global Market ("Nasdaq") under the ticker symbol "PNACU" beginning on May 13, 2022. Once the securities comprising the units begin separate trading, Class A common stock, warrants and rights will be traded on Nasdaq under the symbols "PNAC," "PNACW," and "PNACR," respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will be traded. The offering is expected to close on May 17, 2022, subject to customary closing conditions.
Prime Number Capital, LLC and WestPark Capital, Inc. are acting as the representatives of the underwriters for the offering. The Company has granted the underwriters a 45-day option to purchase up to 900,000 additional units at the initial public offering price to cover over-allotments, if any.
A registration statement on Form S-1 (File No. 333-262457) relating to the securities to be sold in the initial public offering was declared effective by the U.S. Securities and Exchange Commission (the "SEC") on May 12, 2022. The offering is being made only by means of a prospectus. When available, copies of the prospectus relating to this offering may be obtained from Prime Number Capital LLC, 1345 Avenue of Americas, Suite 2054, New York, New York 10105 or by accessing the SEC's website, www.sec.gov.
This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
About Prime Number Acquisition I Corp.
Prime Number Acquisition I Corp. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses with one or more businesses or entities, provided that it will not undertake its initial business combination with any entity being based in or having the majority of the company's operations in China (including Hong Kong and Macau). None of its founders or the Company is affiliated with Prime Number Capital LLC.
Forward-Looking Statements
This press release contains statements that constitute "forward-looking statements," including with respect to the Company's initial public offering ("IPO") and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Prime Number Acquisition I Corp., including those set forth in the Risk Factors section of Prime Number Acquisition I Corp.'s registration statement and preliminary prospectus for the IPO filed with the SEC. Copies are available on the SEC's website, www.sec.gov. Prime Number Acquisition I Corp. undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Media Contact
Prime Number Capital LLC
Ms. Xiaoyan Jiang, Chairwoman
Email:xj@pncps.com
Phone: 516-582-9666
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SOURCE Prime Number Acquisition I Corp. | https://www.mysuncoast.com/prnewswire/2022/05/12/prime-number-acquisition-i-corp-announces-pricing-60-million-initial-public-offering/ | 2022-05-12T22:44:48Z |
Pet Parent Resources to Help with Dog and Cat Behavioral Topics Now Available Via ASPCA Pet Health Insurance Website
AKRON, Ohio, Sept. 7, 2022 /PRNewswire/ -- Crum & Forster Pet Insurance Group™ (C&F Pet), one of the largest North American pet insurance providers, has partnered with Ohio-based company Jolly Pets to donate 900 enrichment toys to three ASPCA® rehabilitation, recovery, and enrichment facilities where they provide care for animals rescued from situations of cruelty and neglect.
"We are elated to support the ASPCA® and the ASPCA® Pet Health Insurance program in their efforts to change the mindset that animals with behavioral issues are 'unadoptable'," said Louisa Casto, Marketing Manager, Jolly Pets. "As a large shelter supporter, we have seen firsthand what a difference Jolly Pets toys make for these dogs. Enrichment activities are so vital to their mental health and rehabilitation, and Jolly Pets values the role we can play in helping prepare shelter dogs for adoptions into new, loving homes."
Jolly Pets provides products for dogs and cats, continually seeking new and innovative ways to develop superior products for pets. The company's vision is not just to make a toy, it's to make a quality toy that will enrich the pet's life. Their Jolly Rescues Donation Program supports causes in the areas of rescues, shelters, police K-9 and military organizations, natural disasters, and other related groups.
In addition to this donation, and to help support pet parents who may be dealing with behavioral issues with their own dog or cat, the ASPCA Pet Health Insurance program has created a multifaceted behavioral awareness campaign via their website and social media channels to provide relevant, real-world instruction and tips. Resources include an educational video series with behavioral expert and trainer Tabitha Kucera of Chirrups and Chatter.
"As people begin going out more with the easing of COVID-19, some pets are starting to experience separation anxiety. This is often misunderstood and can leave pet parents confused and unable to resolve the problem," said Bob Capobianco, Senior Vice President, Crum & Forster Pet Insurance Group. "We want pet parents to understand what their dog or cat may be experiencing, and we're hoping this campaign will raise awareness regarding that topic and assist them with informative resources. In addition, pet parents may not know that pet insurance can help cover eligible behavioral issues as well."
The 900 Jolly Pets toys, which were delivered in mid-August, will provide much-needed support to the animals at the ASPCA Behavioral Rehab Center in Weaverville, N.C., the ASPCA Cruelty Recovery Center in Columbus, Ohio, and CARE (the Canine Annex for Recovery and Enrichment) facility unit in New York City.
"We are thankful to Crum & Forster Pet Insurance Group and Jolly Pets for their generous donation of toys to dogs in the care of our ASPCA rehabilitation and recovery facilities," said Kristen Collins, vice president of ASPCA Rehabilitation Services. "The ASPCA works to care for dogs who have faced cruelty, neglect, and behavioral challenges, and these new toys will provide essential enrichment to dogs in need."
When the ASPCA assists with cruelty cases, the rescued animals are often relocated to recovery centers operated by the ASPCA to receive ongoing care and enrichment, as well as any needed medical and behavioral treatment. These facilities give the animals the time, space, and expertise they need to recover.
For some animals who demonstrate extreme fear and under socialization, the ASPCA provides specialized, science-based behavior modification, increasing the likelihood of adoption. Treatment plans focus on helping dogs, many of whom never experienced life as a pet, become comfortable with unfamiliar people, household objects and sounds, and real-life situations.
For more information, please visit www.aspcapetinsurance.com, www.jollypets.com, or www.aspca.org.
Founded in 1866, the ASPCA® (The American Society for the Prevention of Cruelty to Animals®) was the first animal welfare organization to be established in North America and today serves as the nation's leading voice for vulnerable and victimized animals. As a 501(c)(3) not-for-profit corporation with more than two million supporters nationwide, the ASPCA is committed to preventing cruelty to dogs, cats, equines, and farm animals throughout the United States. The ASPCA assists animals in need through on-the-ground disaster and cruelty interventions, behavioral rehabilitation, animal placement, legal and legislative advocacy, and the advancement of the sheltering and veterinary community through research, training, and resources. For more information, visit www.ASPCA.org, and follow the ASPCA on Facebook, Twitter, and Instagram.
Founded in 1994 in Streetsboro, Ohio, Jolly Pets manufactures dog toys for all breeds and sizes. Its focus has always been on the happiness and health of your pet. It is the umbrella company for Kitty Kasas and Horsemen's Pride. The success of the original Jolly Ball manufactured for the equine industry under the Horsemen's Pride name prompted the inception of Jolly Pets. Its philanthropic arm, Jolly Rescues, works with shelters all over the country to help promote their adoptable dogs, provide them with supplies, and raise awareness about the importance of adopting shelter dogs. The product line is available in brick-and-mortar stores and online at JollyPets.com and more. Jolly Pets is part of Tenth Avenue Holdings, a privately held, diversified holding company.
Crum & Forster Pet Insurance Group (C&F Pet) is committed to helping pet parents get access to reliable and affordable pet health insurance plans. With a history dating back to 1997, making it one of the original providers in the U.S., C&F Pet utilizes various go-to-market strategies, including direct-to-consumer, employee benefits, white labels, and other partnerships. Products are underwritten by United States Fire Insurance Company (NAIC #21113. Morristown, NJ), produced and administered by C&F Insurance Agency, Inc. (NPN # 3974227), a Crum & Forster company. More information can be found at www.cfpetinsurance.com.
The ASPCA® is not an insurer and is not engaged in the business of insurance. Through a licensing agreement, the ASPCA receives a royalty fee that is in exchange for use of the ASPCA's marks and is not a charitable contribution. More information about ASPCA Pet Health Insurance can be found at www.aspcapetinsurance.com.
C&F and Crum & Forster are registered trademarks of United States Fire Insurance Company. Crum & Forster Pet Insurance Group™ is a trademark of United States Fire Insurance Company. The Crum & Forster group of companies is rated A (Excellent) by AM Best Company 2020.
Media Contact:
Travis Reynolds, AVP, Media Relations
travis.r@cfinspet.com
(234) 231-1830
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SOURCE Crum & Forster Pet Insurance Group | https://www.wibw.com/prnewswire/2022/09/07/crum-amp-forster-pet-insurance-group-jolly-pets-team-up-donate-enrichment-toys-support-animals-receiving-treatment-aspca-recovery-centers/ | 2022-09-07T15:16:45Z |
NEW YORK, May 18, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of Netflix, Inc..
Shareholders who purchased shares of NFLX during the class period listed are encouraged to contact the firm regarding possible lead plaintiff appointment. Appointment as lead plaintiff is not required to partake in any recovery.
CONTACT US HERE:
CLASS PERIOD: This lawsuit is on behalf of persons and entities that purchased or otherwise acquired Netflix common stock or call options, or sold put options, between October 19, 2021 and April 19, 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) Netflix was exhibiting slower acquisition growth due to, among other things, account sharing by customers and increased competition from other streaming services; (2) the Company was experiencing difficulties retaining customers; (3) as a result of the foregoing, the Company was losing subscribers on a net basis (4) as a result, the Company's financial results were being adversely affected; and (5) as a result of the foregoing, Defendants' positive statements about the Company's business, operations, and prospects were materially false and/or misleading and/or lacked a reasonable basis.
DEADLINE: July 5, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/netflix-inc-loss-submission-form-2/?id=27351&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of NFLX 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 July 5, 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.mysuncoast.com/prnewswire/2022/05/18/shareholder-alert-gross-law-firm-notifies-shareholders-netflix-inc-class-action-lawsuit-lead-plaintiff-deadline-july-5-2022-nasdaq-nflx/ | 2022-05-18T10:26:55Z |
Developer Chose Boviet Solar's Vega Series™ Bifacial PV Modules
SAN JOSÉ, Calif., June 22, 2022 /PRNewswire/ -- Boviet Solar Technology Co. Ltd. (Boviet Solar), a leading global solar energy technology company specializing in the manufacturing of PERC PV cells, Monofacial and Bifacial PV Modules, has received a 138 MW order to supply PV Modules.
The PV Modules will be supplied to a solar project in the United States. The developer chose Boviet Solar's high-performance, high-efficiency and quality Vega Series™ 550W PERC Monocrystalline - Bifacial Double-Glass PV Modules.
"Boviet Solar continues to be a reliable source of top-quality PV modules for the American market. This ability to deliver modules despite the uncertainties affecting the U.S. solar industry is critical for our customers and their projects, and it remains a priority for Boviet Solar," said Sienna Cen, President of Boviet Solar USA.
Boviet Solar's PV modules feature high-purity monocrystalline wafer technology combined with PERC, half-cut, multi-busbar, large cell design and robust product components.
"The modules selected by this developer offer an impressive 550 watts of capacity and cutting-edge bifacial design, allowing them to maximize power production for the project. This, in turn, optimizes the entire project's levelized cost of energy and its profitability," Cen added.
Boviet Solar's PV Modules have been listed on the PVEL Top Performer PV Module scorecard since 2019. The company has achieved BloombergNEF's Tier 1 status since 2017.
Founded in 2013 in Vietnam, Boviet Solar is part of Boway Alloy and a global Tier 1 solar technology company that specializes in the manufacturing of Monocrystalline PERC cells, Monofacial and Bifacial PV modules, as well as solar project development. The company works with IPPs, EPCs, project developers, solar installers, and contractors to deliver top-performing PV modules for utility-scale, commercial, industrial, and residential solar projects. With a proven track record of success working with many of the industry's leading players, Boviet Solar has maintained its position as a BloombergNEF Tier 1 solar module manufacturer and supplier since 2017. The company offers financial stability, technology know-how, manufacturing excellence and supply chain transparency. Its PV Modules are known for their power, performance and quality and have been rated as top performers on the PVEL/DNV-GL module reliability scorecard since 2019. Boviet Solar's USA headquarters are in San José, California and its global headquarters are located in Vietnam. For more information, please visit www.bovietsolar.com.
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SOURCE Boviet Solar | https://www.wibw.com/prnewswire/2022/06/22/boviet-solar-gets-138-megawatt-pv-module-order-leading-global-renewable-energy-developer/ | 2022-06-22T14:15:55Z |
Alaska Airlines cancels dozens of flights as pilots picket
By Ramishah Maruf, CNN
Alaska Airlines canceled dozens of flights this weekend as its pilots held informational pickets in numerous cities throughout the United States in an almost 3-year-long deadlock in contract negotiations with the airline.
On Friday, Alaska Air canceled 111 flights, or 15% of its operations, according to flight tracking website FlightAware. In comparison, American Airlines and Southwest Airlines canceled only 4% of their flights operations the same day.
As of noon EST Saturday, Alaska Airlines canceled 77 flights, or 11% of its operations.
Alaska Airlines said 12,000 customers were affected by the cancellations. There was no mention of the pilot walkout in its statement.
“We know the sudden cancellation of their travel plans is frustrating — we apologize to all of our guests who we let down,” Alaska Airlines said in a statement to CNN Business.
Hundreds of pilots and crew members held informational picketing events in Anchorage, Los Angeles, San Francisco, Seattle and Portland, Oregon, on Friday, the Air Line Pilots Association (ALPA), which represents Alaska Airlines pilots, said in a statement.
Photos of pilots picketing at airports such as Portland International Airport show the pilots holding signs that say “Break the stall contract now” and “Value your pilots.”
The union has been negotiating with the airline for the past three years.
“Alaska Airlines pilots have been crucial in the overwhelming success of this airline and have earned a new contract that recognizes our contributions. The contract improvements we seek are reasonable, and affordable, and will allow our airline to remain successful and competitive,” said Will McQuillen, chairman of the Alaska ALPA Master Executive Council, in a statement.
As airlines struggle to keep up with a surge of post-pandemic travel, the Alaska Air pilots are advocating for “job security, stronger work rules and enhanced quality-of-life provisions” such as flexibility and reasonable schedules. The union said their contract falls behind competitor airlines.
“Three years is too long to be negotiating a contract without reaching agreement,” McQuillen said.
Alaska Airlines said in a statement that it is committed to reaching a contract with the pilots, but it’s vital for the company to negotiate a deal that allows for company profitability. The average captain’s pay is $341,000 a year. The union represents 3,100 pilots at the carrier.
“We’ve put a package on the table that’s competitive and addresses the issues most important to our pilots,” said Jenny Wetzel, vice president of labor relations for Alaska Airlines. “It’s a significant financial investment in our pilot group while recognizing that we are still working to recover from $2.3 billion in losses from the COVID-19 pandemic. We are eager to conclude negotiations quickly so our pilots can enjoy these new benefits as soon as possible.”
ALPA is the largest airline union in the world, representing more than 62,000 pilots in North America.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/04/02/alaska-airlines-cancels-dozens-of-flights-as-pilots-picket-2/ | 2022-04-02T19:10:20Z |
Good samaritan helps woman out of Kansas River after car leaves bridge
Car pulled out of water near Lawrence after 3.5 hours
LAWRENCE, Kan. (WIBW) - It took Douglas Co. authorities about 3.5 hours to remove an empty car from the Kansas River after a woman was helped out of the water by a good samaritan.
The Lawrence Police Department says around 9:30 a.m. on Thursday, July 21, officers were called to the Kansas River Bridge with reports of a car in the water.
When officers arrived, they said they found a distraught woman who had been helped from the river by a good samaritan. She was rushed to a local hospital with non-life-threatening injuries.
After a thorough search of the river, LPD said members of the Douglas Co. Underwater Search and Recovery Team were able to remove the empty car from the river. The scene was cleared around 1 p.m.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/07/22/good-samaritan-helps-woman-out-kansas-river-after-car-leaves-bridge/ | 2022-07-22T17:48:58Z |
Videos give new details into Vicky White’s planning for Alabama inmate’s escape, sheriff says
By Christina Maxouris and Theresa Waldrop, CNN
Surveillance video footage of missing former Alabama corrections officer Vicky White taken before her getaway with an inmate facing murder charges shows the level of preparation that went into the escape, Lauderdale County Sheriff Rick Singleton said.
Investigators found footage of White shopping for men’s clothes at a department store and at an “adult store,” Singleton said, adding she “obviously had a change of clothes” for the inmate, Casey White.
“It just tells us that it was very well planned and calculated,” Singleton told CNN’s Bianna Golodryga Monday. “Obviously she well-planned this escape down to a T.”
Investigators earlier released video footage showing Vicky White at a Quality Inn in Florence, where she stayed the night before the escape more than a week ago.
Vicky White, who was an assistant director of corrections for Lauderdale County, took Casey White from the county jail on April 29, saying she was taking him for a mental health evaluation, which authorities learned later had never been scheduled. She then said she was going to get medical care after dropping the inmate off because she wasn’t feeling well.
The two have not been seen since. The patrol car the officer and inmate took from the jail was found abandoned in a shopping center parking lot. Vicky White’s jail keys, radio and handcuffs were found inside. Authorities believe the pair left the lot in a different vehicle: Vicky White’s 2007 Ford SUV she parked in the lot the night before.
The vehicle was then spotted on May 6 at a Tennessee tow lot. The car had been abandoned in the woods without any identifying information on the same day the duo escaped, indicating they drove about two hours north from the jail in Florence, Alabama, to Williamson County, Tennessee.
“We know now where the car is, we know what direction they went,” the sheriff said. “We’re trying to canvass the area for any witnesses, also trying to research, see if any stolen vehicles were reported in that area during that time.”
Authorities believe the vehicle may have had mechanical problems which prompted the abrupt stop in the area.
Vicky White, 56, and Casey White, 38, who are not related, knew each other since at least 2020 and had developed a romantic relationship, the sheriff told CNN earlier this week.
Prior to their disappearance, Vicky White had announced plans to retire and sold her home for a price well below market value.
She now has an active arrest warrant for allegedly permitting or facilitating escape in the first degree. She is no longer employed by the sheriff’s office, the office said, adding while Friday was her last day of work, her retirement papers were never finalized.
Investigators believe Vicky White had a large amount of money when the pair vanished, Singleton said Friday, adding authorities are working to find out more details.
Officials share photos and up rewards
The pair should be considered dangerous and may be armed with weapons including an AR-15 rifle, handguns and a shotgun, the US Marshals Service said.
The agency said Casey White threatened his ex-girlfriend and her sister in 2015 if he ever got out, “he would kill them and he wanted police to kill him.” Authorities have warned the inmate’s “potential targets” and taken measures to protect them, the Marshals Service said.
Investigators are also concerned Casey White may not be taking medication for “controlling temper and those kinds of things,” Singleton said Monday.
“He has some issues that he’s on medication for, and when he’s off his meds, I’m told he can be extremely violent,” Singleton said.
The service also released several photos of Casey White and his tattoos as well as photo renderings of what Vicky White, who was blonde when she vanished, would look like with darker and shorter hair.
The agency is offering up to $10,000 for information leading to the capture of the inmate and up to $5,000 for the officer. On Friday, Alabama Gov. Kay Ivey announced additional rewards of $5,000 each for information leading to the capture and arrest of Vicky White and Casey White.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://localnews8.com/news/2022/05/09/videos-give-new-details-into-vicky-whites-planning-for-alabama-inmates-escape-sheriff-says/ | 2022-05-09T17:00:23Z |
OSO's 340+ clinics are on a mission to give all children the opportunity to experience the joy of reading
GEORGETOWN, Texas, Aug. 24, 2022 /PRNewswire/ -- As part of its commitment to uplifting the communities it serves and making a positive impact on children's futures, Smile Doctors, the largest and fastest-growing ortho-focused dental support organization (OSO) in the U.S., has launched an organization-wide Scholastic Literacy Partnership program. The program will provide free books to children in the communities the brand's 340+ affiliated practices serve.
Through this partnership, the Smile Doctors network of affiliated practices aims to enhance reading development in their communities by helping build home libraries to foster a culture of literacy, provide access to age-appropriate books and empower families to build their children's reading skills with practice every night at home. Any child who is enrolled in Smile Doctors' Rising Star program can stop into a participating clinic to pick out a free book.
The brand's Rising Star program is focused on providing complimentary, high-quality, early orthodontic care for children ages 7 to 10. Bringing a child in for a consultation at a young age, may ease the correction of some orthodontic treatment in the future and prepares them to reach their full smile potential. Any child between 7 and 10 years old can be enrolled in the Rising Star program to receive an exam at no cost.
"The Scholastic Literacy Partnership is a perfect alignment with our Rising Star program. We are proud to be a resource to inspire early and continued reading and orthodontic care, as both are important investments in the future of our children," said Jenn McClain DeJong, CMO of Smile Doctors.
In addition to the books available at the clinics, Smile Doctors affiliated practices are partnering with local schools to provide free books for classrooms and educational "Tooth Talk" visits by local team members. The brand is also partnering with local libraries and after-school programs to provide even more children with access to books in the community.
"Creating confident smiles in our community is what we do, so when we had the opportunity to partner with Scholastic to provide books to area families, it was a no-brainer. Seeing the smiles on our patients' faces, when they come to the clinic and pick up a book, aligns with the "why" behind what we do," shared Ryan Hurley, D.D.S., M.S. from Hurley & Volk Orthodontics in the Chicagoland area.
On Thursday, Aug. 25 at 6pm CT, Smile Doctors will kick off its virtual read-aloud events with How to Catch the Tooth Fairy by Adam Wallace being read by Dr. Joyce Jamerson, a Scholastic Education strategist. The event will be streamed live on Smile Doctors' Instagram, Facebook and TikTok for families to tune in together at home. Click HERE to RSVP. The second event will be hosted on Thursday, Sept. 29 at 6pm CT with My Toothbrush is Missing by Jan Thomas read by Scholastic Education's Vice President of Academic Planning and Solution Development, Mr. Jimmy Brehm.
"We are proud to partner with Smile Doctors and share the joy of reading that so many generations of people have enjoyed with Scholastic," shared Allison Bobbitt, Account Executive, Scholastic.
The Smile Doctors network of affiliated practices continues to explore opportunities to partner with local organizations and schools. To connect with the local practice nearest you to learn more about the Scholastic Literacy Partnership or to donate books, visit smiledoctors.com.
About Smile Doctors, LLC
Smile Doctors, LLC, is the largest ortho-focused dental support organization (OSO) in the U.S. The organization has the fastest-growing network of leading orthodontists. With more than 340 convenient locations in 25 states, Smile Doctors has a rich history of developing and growing affiliated practices by providing tools and technology that allow their orthodontists to focus entirely on patient care. Smile Doctors is the largest network of Diamond Plus Invisalign® providers. Smile Doctors orthodontists are proud members of the American Association of Orthodontists, and American Dental Association, and host for the Lecture Center for Orthodontic Excellence. Smile Doctors' mission is to create confident smiles that inspire the best in their patients, each other, and the communities they serve. For more information, please visit: www.smiledoctors.com.
About Scholastic
Scholastic is the largest and most trusted children's book publisher in the world. Founded in 1920, Scholastic has been working with educators, parents, and community partners in support of literacy for over 100 years. Scholastic is home to an unparalleled roster of acclaimed authors and literacy experts. In addition to working to ensure children have access to high quality, authentic literature, Scholastic is committed to developing research-based print and digital instructional programs to support literacy development from birth to high school.
Contact:
smiledoctors@zimmerman.com
The Zimmerman Agency
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SOURCE Smile Doctors | https://www.kxii.com/prnewswire/2022/08/24/smile-doctors-provide-free-childrens-books-with-scholastic-literacy-partnership/ | 2022-08-24T15:41:49Z |
NEW YORK, June 13, 2022 /PRNewswire/ -- 5WPR, one of the largest independently owned PR firms in the U.S., announces today the expansion of the sustainable consumer goods practice team of experts.
The sustainability team works across numerous consumer sectors, including food, beverage, home, beauty, and lifestyle practice areas as consumer demand for more sustainable offerings continues to rise. With this heightened focus, the team leverages key opportunities to build brand awareness and highlight the actions taken by these brands to create a healthier environment.
"Every day we are inspired by our expanding roster of clients, who offer sustainable practices and packaging, to do better for both people and planet," said 5WPR CEO, Dara A. Busch. "The brands we work with are at the forefront of driving the mission of sustainability within their industries. In response to their growing efforts and the influx of sustainability-forward programs, we're thrilled to be expanding our team and services for this growing area within our agency."
5WPR's 2022 Consumer Culture Report found that 70% of respondents take it upon themselves to research if a company ethically and sustainably sources and produces, prior to purchasing.
5WPR excels in the category, launching innovative, purpose-driven brands to the U.S. market that focus on planet-minded and ethically-conscious clients year-round.
5W Public Relations helps consumer products and brands build strong, authentic relationships with customers. PR services offered to consumer good clients include messaging and positioning, media relations, influencer relations, product launches, new market expansion campaigns, executive visibility programs, fundraising announcements, content creation, sponsorships/partnerships, digital media campaigns, thought leadership and speaking opportunities.
About 5WPR
5W Public Relations is a full-service PR agency in NYC known for cutting-edge programs that engage with businesses, issues and ideas. With more than 275 professionals serving clients in B2C (Beauty & Fashion, Consumer Brands, Entertainment, Food & Beverage, Health & Wellness, Travel & Hospitality, Technology, Nonprofit), B2B (Corporate Communications and Reputation Management), Public Affairs, Crisis Communications and Digital Marketing (Social Media, Influencer, Paid Media, SEO). 5W was named to Inc. Magazine's Best Workplaces 2022 list, awarded 2020 PR Agency of The Year, and brings leading businesses a resourceful, bold and results-driven approach to communication.
Media Contact
Dara A. Busch
dbusch@5wpr.com / 212-999-5585
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SOURCE 5W Public Relations | https://www.kxii.com/prnewswire/2022/06/13/5wpr-expands-sustainable-consumer-goods-practice-team-experts/ | 2022-06-13T13:55:22Z |
PARKLAND, Fla., May 23, 2022 /PRNewswire/ --
BACKGROUND:
There are 200 million people in the world living with intellectual and developmental disabilities (IDD). Recognizing a need, in 1989 Anthony Shriver, son of Eunice Kennedy Shriver (founder of the Special Olympics) started an organization while a student at Georgetown university that paired individuals with an IDD (buddies) and those without an IDD (peer buddies).
Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/9047951-mod-pizza-best-buddies-international-anthony-shriver/
That organization has evolved into Best Buddies International, which today has nearly 3,000 chapters around the world, positively impacting the lives of 800,000 people with and without IDD. According to National Core Indicators, 84% of adults with developmental disabilities do not have a paid job in the community. Best Buddies works with companies to encourage employers to hire people with IDD. The Best Buddies Jobs program focuses on developing competitive, integrated jobs that allow participants to earn an income, pay taxes, and work in an environment alongside their peers, leading to full inclusion and independence.
Best Buddies founder Anthony K. Shriver was joined by MOD Pizza co-founder, Ally Svenson to discuss how Best Buddies has teamed up with MOD Pizza to help support their mission to end the social, physical and economic isolation of people with IDD through employment – and how they are encouraging other businesses to do the same.
For more information, visit: www.bestbuddies.org; www.modpizza.com
MORE ABOUT ANTHONY SHRIVER:
Anthony K. Shriver is the Founder and Chairman of Best Buddies International, which he created in 1989 to foster one-to-one friendships between people with and without intellectual and developmental disabilities (IDD). Recognizing the tremendous volunteer potential of university students, Shriver first inspired his college peers to personally collaborate in expanding the realm of opportunities that persons with intellectual disabilities should experience. Today, through Shriver's stewardship and entrepreneurial spirit, Best Buddies® has grown into a leading nonprofit entity with increasing international reach across six continents, establishing a global volunteer movement that creates opportunities for one-to-one friendships, integrated employment and leadership development for people with intellectual and developmental disabilities. A graduate of Georgetown University, Shriver has been recognized for his work on behalf of Best Buddies with diverse international accolades and honorary degrees.
MORE ABOUT ALLY SVENSON:
After founding and selling two successful businesses in the U.K. – Seattle Coffee Company and Carluccio's Ltd. – Ally Svenson and her husband, Scott returned to their hometown of Seattle to raise their family. With four growing boys, they soon discovered a need for family-friendly dining options that were fast, healthy and affordable. Soon their entrepreneurial spirit kicked in and they began exploring ideas that combined their love of business, people and purpose to create a people-first culture where everyone could thrive. The result was MOD Pizza with the first opening in 2008 in downtown Seattle, and the "pizza with a purpose" brand grew from there. Today, MOD employs nearly 300 individuals with IDD, and continues on its mission to contribute to a more tolerant and equitable society by opening its door to people with barriers to employment – and encouraging other businesses to do the same. Ally serves as MOD's Protector of the Purpose.
Interview Provided by: MOD Pizza
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SOURCE MOD Pizza | https://www.mysuncoast.com/prnewswire/2022/05/23/with-80-individuals-with-idd-lacking-paying-job-learn-how-one-company-is-stepping-help/ | 2022-05-23T21:31:34Z |
Energize Colorado Invests $5.7M into Communities Across Colorado
DENVER , July 6, 2022 /PRNewswire/ -- Business owners in East Colfax, Southwest Denver, Pueblo County and the Child Care industry can now get on the waitlist for the latest round of the Gap Fund loans through the Energize Community Program (ECP). ECP has three components to the program: 1. Previously completed funding readiness workshops; 2. low-interest Gap Fund loans up to $20k; and 3. a community accelerator program valued at $1,200. ECP was designed in collaboration with community leaders, and partners are involved in the design and delivery of the program.
Launched in April, the funding readiness workshops showcased available loan products from Energize Colorado and our partners, and provided education around the financial documentation required for loans. The workshops, coupled with access to free business advising, were designed to provide loan applicants with maximum support before submitting loan applications. More than 500 small business owners have accessed the workshops to date.
Through ECP, Energize Colorado will deploy $5.7 million in low-interest loans directly to business owners for needs that include debt consolidation, capital improvements, payroll, rent, utilities, working capital, equipment, and inventory.
Additionally, business owners who receive loan funding will also be eligible for the Energize Community Accelerator – a 14-week intensive designed to increase business resiliency and long-term growth in these underserved communities. Programming was designed based on a Small Business Resiliency Index (SBRI), which measures a business owner's ability to regain their footing and build resilience for the future. Accelerator participants will take a pre-and post-SBRI assessment.
Since the launch of the Gap Fund in May 2020, Energize Colorado has partnered with OEDIT, CHFA, and the State's network of CDFI's and Regional Loan Funds. These strong partnerships allowed Energize Colorado to deliver $43M to date on behalf of State partners to small businesses who needed financial relief. Energize Colorado will expand its capability by delivering ECP capital through a revolving loan fund.
"We have listened and learned from small business owners and community partners that businesses are continuing to struggle. With rising inflation and limited access to new capital, we built ECP to address these concerns directly. In tandem with our accelerator program, we're working with recipients to ensure the money is deployed to drive growth and resilience," said Wendy Lea, Co-Founder and CEO of Energize Colorado. "We believe that small business resiliency is improved when capital is integrated with technical assistance, and our ECP model brings these two together."
Business owners in the four targeted ECP areas (East Colfax, Southwest Denver, Pueblo County, and the Child Care industry) with 25 employees or less are eligible for the ECP Gap Fund loans. These communities were selected through extensive outreach, an evaluation of small business needs, and of business support infrastructure to create solid partnerships and deploy funds.
Aseel Shehadeh, co-owner of Famous Buffalo Wings and Things located on East Colfax shared, "You can have the capital and spend it on your business, but managing the capital and knowing where to spend it to improve, to sustain, and continue running your business successfully is very important too. I think that's where the accelerator comes in very handy."
To apply for the loan, please visit: energizecolorado.com/ecp. Loan applications are scheduled to close on July 14th, 2022.
For photos, graphics and video clips visit https://drive.google.com/drive/folders/1-tAhLvgQvZR88ZqkOgo98tVSsfi1FelK?usp=sharing
About Energize Colorado
Energize Colorado is a nonprofit organization that aims to advance resilience and promote equity across Colorado's small business ecosystem. We are builders and innovators focused on serving Colorado's smallest and most underserved businesses across four priority groups: BIPOC, women, veterans, and rural. Learn more about our programs, our mission, and our partners at www.energize colorado.com.
Kanitha Snow,
Director of Strategic Partnerships and Marketing
kanitha.snow@energizecolorado.com
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SOURCE Energize Colorado | https://www.wibw.com/prnewswire/2022/07/06/energize-colorado-launches-next-round-gap-fund-loans-deliver-capital-targeted-communities-across-colorado/ | 2022-07-06T16:40:16Z |
Feds sue over new Arizona citizenship proof law for voting
PHOENIX (AP) — The U.S. Department of Justice on Tuesday sued Arizona over a new law requiring people who use a federal form to register to vote to provide additional proof of citizenship if they want to vote for president or using the state’s popular vote-by-mail system.
The law signed by Republican Gov. Doug Ducey on March 30 is in direct conflict with a 1993 federal voter registration law and also violates the Civil Rights Act of 1964, according to the Justice Department. The law adds requirements for the federal form directly rejected by the U.S. Supreme Court in a 2013 Arizona case.
The Republican-controlled Legislature was well aware of the federal law and the Supreme Court decision written by the late conservative icon, Justice Antonin Scalia. But they went ahead anyway, arguing the new law would boost election security.
Assistant Attorney General Kristen Clarke of the department’s civil rights division called the new law that goes into effect in January “a textbook violation of the National Voter Registration Act.”
She said the National Voter Registration Act has helped eliminate requirements that make it hard to register to vote.
“Arizona has passed a law that turns the clock back on progress by imposing unlawful and unnecessary requirements that would block eligible voters from the registration rolls for certain federal elections,” Clarke said in a statement.
The law violates the Civil Right Act by requiring election officials to reject registration forms if they contain a mistake or leave out information that is not needed to determine someone’s right to vote, she said.
Ducey said in a March 30 signing letter that the law is designed to address a growing number of voters who registered using the federal form who did not have to provide proof that they are citizens. The state’s voters added the citizenship proof requirement in 2004 when they enacted Proposition 200, but it does not apply to the federal form.
The federal form requires a person to swear they are a citizen, but there is no proof requirement. Those who register using the form and do not respond to election officials’ request for citizenship proof are only allowed to vote in federal elections. In 2020, just over 11,600 people were federal-only voters, but the number has since risen. Since the Supreme Court decision, Arizona has allowed those using the form who have not provided citizenship proof to vote only in federal elections.
Ducey spokesman C.J. Karamargin declined to comment, saying the administration doesn’t comment on litigation. Republican Attorney General Mark Brnovich, who is running for U.S. Senate, told the Justice Department in a July 1 letter that he would defend the law to the fullest.
The bill would prohibit federal-only voters from voting by mail or voting for president. It would require state election officials to cross check registration information with various government databases to try to prove their citizenship, and report anyone they can’t find to prosecutors.
The bill also requires people to include proof of their address with new voter registrations. Election officials say that’s complicated and unnecessary because addresses are verified at the time of voting, and voting rights advocates say it will make registering voters more difficult.
The legislature’s own lawyers told lawmakers that much of the measure was unconstitutional, directly contradicts the 2013 Supreme Court decision and is likely to be thrown out in court. It passed with support from only majority Republicans.
Voting rights advocates worry the bill is an attempt to get back in front of the now more conservative Supreme Court.
“Election integrity means counting every lawful vote and prohibiting any attempt to illegally cast a vote,” Ducey said in a letter explaining his decision to sign the bill.
He called the bill “a balanced approach that honors Arizona’s history of making voting accessible without sacrificing security in our elections.”
Rep. Jake Hoffman developed the bill along with the conservative Heritage Foundation, and said the measure is about eliminating opportunities for fraud, though cases of noncitizens voting are extremely rare.
Hoffman and other supporters say it affects only the roughly 31,500 voters who have not shown proof of citizenship. Voting advocates say it’s vague and could go much farther, affecting hundreds of thousands of people who haven’t recently updated their voter registration or driver’s license.
The Justice Department lawsuit is the third to be filed challenging the law since it was passed. Voting rights groups filed the first two challenges, which have been merged into one case.
Copyright 2022 The Associated Press. All rights reserved. | https://www.wibw.com/2022/07/06/feds-sue-over-new-arizona-citizenship-proof-law-voting/ | 2022-07-06T11:27:49Z |
Comey, McCabe faced ‘rigorous’ audit by the IRS
(Gray News) - Former FBI Deputy Director Andrew McCabe is questioning the actions of the Internal Revenue Service.
McCabe, now a CNN law enforcement analyst, said he wants an investigation into why he and former FBI Director James Comey were both chosen by the IRS for tax audits.
McCabe said the audit process was “incredibly rigorous.”
Comey told the New York Times his audit in 2019, when former President Donald Trump was in office, determined that he and his wife overpaid their federal income taxes in 2017, and he got a refund.
McCabe’s 2021 audit on his 2019 return uncovered a small “oversight” that they paid.
Comey told the Times that an investigation into the audits would be warranted.
The New York Times reported the chances of a person being picked for such an audit is nearly one out of every 31,000 people.
That raised questions among some analysts about how McCabe and Comey, both critics of former President Donald Trump who were fired during the Trump administration, were selected at around the same time.
Trump fired Comey as FBI director in May 2017, which led to the appointment of a special counsel.
McCabe led an FBI probe of Trump’s advisers’ connections to Russia. Former Attorney General Jeff Sessions fired him two days before he was set to retire in March 2018.
The IRS is led by Trump appointee Charles Rettig, but the agency told the Times that he plays no factor in who is audited.
A Trump spokesman told the Times that Trump had no knowledge of the audits for Comey and McCabe.
Copyright 2022 Gray Media Group, Inc. CNN Newsource contributed to this report. All rights reserved. | https://www.wibw.com/2022/07/07/comey-mccabe-faced-rigorous-audit-by-irs/ | 2022-07-07T14:04:07Z |
Supermicro to Expand its Total IT Solutions Using Intel Data Center GPU codenamed Arctic Sound-M (ATS-M), to Deliver Outstanding Performance for the Modern Enterprise -– Over 540 1080p @60Hz Transcoded Streams Per System*
SAN JOSE, Calif., July 27, 2022 /PRNewswire/ -- Super Micro Computer, Inc. (Nasdaq: SMCI), a global leader in enterprise computing, storage, networking, and green computing technology, is announcing future Total IT Solutions for availability with Android Cloud Gaming and Media Processing & Delivery. These new solutions will incorporate the Intel Data Center GPU, codenamed Arctic Sound-M, and will be supported on several Supermicro servers.
Supermicro solutions that will contain the Intel Data Center GPUs codenamed Arctic Sound-M, include the 4U 10x GPU server for transcoding and media delivery, the Supermicro BigTwin® system with up to eight Intel Data Center GPUs, codenamed Arctic Sound-M in 2U for media processing applications, the Supermicro CloudDC server for edge AI inferencing, and the Supermicro 2U 2-Node server with three Intel Data Center GPUs, codenamed Arctic Sound-M per node, optimized for cloud gaming. Additional systems will be made available later this year.
"Supermicro will extend our media processing solutions by incorporating the Intel Data Center GPU," said Charles Liang, President, and CEO, Supermicro. "The new solutions will increase video stream rates and enable lower latency Android cloud gaming. As a result, Android cloud gaming performance and interactivity will increase dramatically with the Supermicro BigTwin systems, while media delivery and transcoding will show dramatic improvements with the new Intel Data Center GPUs. The solutions will expand our market-leading accelerated computing offerings, including everything from Media Processing & Delivery to Collaboration, and HPC."
Systems Tuned to Workloads
Transcoding is a critical technology for today's media-centric world. The Supermicro 4U 10x GPU server is ideal for various industries, where multiple formats must be delivered to a wide range of video devices.
Cloud-based gaming requires significant computing power and the ability to deliver interactive frame rates to gaming enthusiasts. With the Supermicro 2U 2-Node server featuring the Intel Data Center GPU, codenamed Arctic Sound-M, android cloud-based gaming takes on a new level of performance.
Media Processing for Content Delivery Networks (CDN) requires fast and efficient delivery of all media types. The Supermicro BigTwin system with the Intel Data Center GPU will deliver multiple video content streams to consumers.
"The Intel Data Center GPU is a highly-flexible solution to accelerate workloads that have become an integral part of daily life. The combination of advanced media capabilities, graphics rendering pipeline, and an open software stack deliver the high-density, low-latency, and exquisite visual quality required for next-generation video conferencing, media delivery, and cloud gaming deployments. Supermicro's new product offerings with the Intel Data Center GPU pave the way for rapid deployments in the market," said Jeff McVeigh, vice president and general manager of the Super Compute Group at Intel.
The Supermicro Building Block Solutions® approach allows Supermicro to bring a range of products to market faster so that new technologies can be quickly incorporated into its server lines. For example, Android Cloud gaming with the new Intel Data Center GPU codenamed Arctic Sound-M will support more interactive users than previously possible. The streaming performance will see a dramatic increase with the industry's first hardware AV1 encoder and open-source media software stack, compared with software-only video transcoding.
The Intel Data Center GPU codenamed Arctic Sound-M is designed to be an open, and flexible solution for cloud gaming and media processing & delivery. This GPU will be supported by a full solution stack offering developers an open-source software stack for streaming media and Android cloud gaming, with broad support for the latest codecs, graphics APIs, and frameworks. With Intel® oneAPI for unified programming across architectures, the Intel Data Center GPU codenamed Arctic Sound-M will provide an open alternative to proprietary language lock-in that will enable the full performance of the hardware with a complete, proven set of tools that complement existing languages and parallel models. This will allow developers the ability to design open, portable codes that will take maximum advantage of various combinations of CPUs and GPUs.
To learn more about these new solutions, please visit: https://www.supermicro.com/en/accelerators/intel
To learn more about Supermicro www.supermicro.com
About Supermicro
Supermicro (NASDAQ: SMCI) is a global leader in Application-Optimized Total IT Solutions. Founded and operating in San Jose, California, Supermicro is committed to delivering first-to-market innovation for Enterprise, Cloud, AI, and 5G Telco/Edge IT Infrastructure. We are transforming into a Total IT Solutions provider with server, AI, storage, IoT, and switch systems, software, and services while delivering advanced high-volume motherboard, power, and chassis products. The products are designed and manufactured in-house (in the US, Taiwan, and the Netherlands), leveraging global operations for scale and efficiency and optimized to improve TCO and reduce environmental impact (Green Computing). The award-winning portfolio of Server Building Block Solutions® allows customers to optimize for their exact workload and application by selecting from a broad family of systems built from our flexible and reusable building blocks that support a comprehensive set of form factors, processors, memory, GPUs, storage, networking, power and cooling solutions (air-conditioned, free air cooling or liquid cooling).
Supermicro, Server Building Block Solutions, and We Keep IT Green are trademarks and/or registered trademarks of Super Micro Computer, Inc.
All other brands, names, and trademarks are the property of their respective owners.
* Results achieved with a Supermicro SYS-420GP-TNR server with 2x Intel Xeon Gold 6338 processors, 1TB of DRAM, Samsung PM863a 1.92TB drive, Ubuntu 20.04, AMC Firmware 4.2.2.0, 10x Intel Data Center GPU, codenamed Arctic Sound-M, 75W GPUs, IFWI Software Stack on card (ECC Memory Disabled version)
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SOURCE Super Micro Computer, Inc. | https://www.kxii.com/prnewswire/2022/07/28/announcing-android-cloud-gaming-amp-media-processing-amp-delivery-solutions-based-new-intel-data-center-gpu-codenamed-arctic-sound-m/ | 2022-07-28T00:46:05Z |
- 50 young leaders have been recognised by the European Commission and One Young World for their efforts to prevent and counter violent extremism in some of the most challenging environments across the world
- These delegates will participate in the upcoming One Young World 2022 Summit in Manchester taking place between the 5th-8th September
MANCHESTER, England, Sept. 5, 2022 /PRNewswire/ -- One Young World, the global community for young leaders, announces its 2022 cohort of 50 Peace Ambassadors to attend the upcoming Summit in Manchester in partnership with the European Commission.
It supports young leaders working to prevent violence and extremism within their communities. This year's programme has a timely focus on the role of disinformation in fuelling hate speech, conflict and violent extremism.
Since 2017, One Young World and the European Commission has supported 240 young people involved in peacebuilding and conflict prevention initiatives throughout the world to make the future safer.
The Peace Ambassadors will participate in four transformative days of speeches, panels, networking, and workshops, where they are counselled by influential political, business, and humanitarian leaders such as former UN Secretary General Ban Ki-moon, former Unilever CEO Paul Polman, and The Duchess of Sussex.
Delegates have the opportunity to share a platform, challenge, engage and make lasting connections with global leaders with the world's media in attendance.
The Summit will take place at the Manchester Central from September 5th to 8th, with the Opening Ceremony held at the internationally renowned concert venue Bridgewater Hall.
Ella Robertson McKay, Managing Director of One Young World, commented: "We're delighted to welcome this year's cohort of Peace Ambassadors to Manchester in partnership with the European Commission. We continue to be impressed by the resilience and commitment of young leaders across the world to create a safer future.
"We're proud to be able to host so many inspiring and creative minds from all over the world, providing them with a platform and ensuring their voices are heard. Our Summit provides the knowledge, skills, network and platform for young leaders to affect meaningful and impactful change."
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SOURCE One Young World | https://www.mysuncoast.com/prnewswire/2022/09/04/one-young-world-european-commission-announce-2022-peace-ambassador-cohort-attend-manchester-summit/ | 2022-09-05T00:25:54Z |
Earth broke record for shortest day in June
(CNN) – People who complain about not having enough time in a day may actually have a point – albeit a very tiny one.
The shortest day on Earth, since the invention of the atomic clock, was recorded on June 29.
According to the International Earth Rotation and Reference Systems Service, the Earth’s rotation was nearly 1.6 milliseconds short of the usual 24-hour day on that date.
That beats out the previous shortest day on record, which was in July of 2020.
Researchers aren’t sure why Earth is turning slightly faster but say the movement of land due to melting glaciers might be a factor.
Despite these, relatively speaking, shorter days, it turns out days used to go by much more quickly.
According to a study published in Paleoceanography and Paleoclimatology in 2020, a typical day only lasted about 23.5 hours during the time when dinosaurs roamed the Earth.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.wibw.com/2022/08/08/earth-broke-record-shortest-day-june/ | 2022-08-08T16:47:12Z |
HOUSTON, Aug. 3, 2022 /PRNewswire/ -- Chord Energy Corporation (NASDAQ: CHRD) ("Chord", "Chord Energy" or the "Company") today announced its updated return of capital plan, provided an updated outlook for the business and reported financial and operating results for the quarter ending June 30, 2022. The Company completed the merger of equals transaction between Oasis Petroleum Inc. ("Oasis") and Whiting Petroleum Corporation ("Whiting") on July 1, 2022 and began trading under the ticker "CHRD" on July 5, 2022.
"The second quarter was marked by strong operating performance and culminated in the establishment of Chord Energy," said Danny Brown, Chord Energy's President and Chief Executive Officer. "Additionally, we are announcing a new return of capital program which includes an approximate 114% increase to the base dividend and a $300MM share repurchase program. Given our high-quality assets with low breakeven pricing and very strong financial position, Chord Energy is able to return significant amounts of capital to shareholders. The new return of capital program is highly competitive and represents our commitment to operating efficiently, maximizing returns and valuing the return of capital to shareholders."
"Chord Energy is making significant progress on integration and remains excited about its future. I'd like to thank our employees for their hard work and dedication through the closing of the merger and also for driving strong operating and safety performance. With enhanced scale and a low cost of supply, Chord Energy is well positioned to deliver strong value to our shareholders while operating in a sustainable manner and remains a compelling investment opportunity."
Return of Capital Plan
Chord Energy introduced a return of capital plan designed to provide peer-leading, sustainable shareholder returns. The plan calls for returning capital to investors based on free cash flow ("FCF") generated during the quarter and leverage under the following framework (see "Additional Return of Capital Plan Details" below for additional information):
- Below 0.5x leverage: 75%+ of FCF
- Below 1.0x leverage: 50%+ of FCF
- >1.0x leverage: Base dividend
Capital will be returned through base dividends, variable dividends and share repurchases. Chord is increasing its base dividend to $1.25 per share per quarter ($5.00 per share annualized), representing an approximate 114% increase from the prior base dividend of $0.585 per share per quarter. The new base dividend represents an annualized yield of approximately 3.9%. The 2Q22 base dividend will be payable on August 30, 2022 to shareholders of record as of August 16, 2022.
In July 2022, Chord repurchased $125MM of common stock at a weighted average price of $106.25 per share. As of July 31, 2022, the Company had 41,454,152 shares of common stock outstanding. In August, the Board of Directors authorized a new $300MM share repurchase program. Separately, the Company returned $540MM in cash to shareholders in July under the terms of the merger agreement. In November, Chord expects to announce its 3Q22 base dividend and variable dividend. The variable dividend will be calculated using the framework noted above to establish the minimum percentage of FCF to be returned less share repurchases completed during the quarter and the base dividend.
In addition to the share repurchases and dividends, the Company paid a significant portion of the transaction costs related to the merger in July 2022. As of July 31, 2022, Chord had approximately $95.7MM of cash, no outstanding credit facility borrowings, $3.1MM of outstanding letters of credit and $400MM of senior unsecured notes outstanding. The Company has a strong balance sheet and substantial liquidity afforded under its $2.0B credit facility, which has $800MM of elected commitments.
Updated Outlook
The following table presents select operational and financial guidance for 3Q22 and FY22 (pro forma for combined Company results including 1H22).
Cash taxes as a percentage of 2H22 Adjusted EBITDA are expected to range between 1% at $80 WTI and 3.6% at $100 WTI, generally trending upward in a linear fashion as oil price increases, and are expected to be paid in 4Q22.
2Q22 Operational and Financial Update
The following table presents select 2Q22 operational and financial data compared to preliminary ranges announced on July 1, 2022.
The following results for the three months ended June 30, 2022 discussed below represent legacy Oasis and exclude amounts related to legacy Whiting, unless otherwise specified.
Net cash provided by operating activities was $396.4MM and net income from continuing operations was $130.8MM ($6.23/ diluted share). Adjusted EBITDA from continuing operations was $255.9MM, Adjusted Free Cash Flow was $202.9MM and Adjusted Net Income was $153.5MM ($7.30/diluted share). Adjusted EBITDA, Adjusted Free Cash Flow and Adjusted Net Income are non-GAAP financial measures. See "Non-GAAP Financial Measures" below for a reconciliation to the most directly comparable financial measures under GAAP.
Legacy Oasis completed and placed on production 7 gross (5.3 net) operated wells in 2Q22. On a combined basis, Chord completed and placed on production 16 gross (12.0 net) operated wells in 2Q22.
Select Operational and Financial Data - Legacy Oasis
The following table presents select operational and financial data of legacy Oasis for the periods presented:
Capital Expenditures - Legacy Oasis
The following table presents the Company's total capital expenditures ("CapEx") from continuing operations by category for the periods presented:
Additional Return of Capital Plan Details
FCF Definition
FCF is defined as Adjusted EBITDA (excluding transaction costs) less CapEx, cash interest and cash taxes. FCF is expected to be calculated for the prior quarter to determine the amount of capital to be returned.
Leverage
Leverage is defined as Net Debt (debt less cash) to forecasted next twelve months Adjusted EBITDA run at $65/bbl WTI and $3.00/mmBtu Henry Hub, excluding the impact of hedges.
Share Repurchases
The Company intends to purchase stock under the repurchase program opportunistically with cash on hand, free cash flow from operations and proceeds from potential liquidity events such as the sale of assets. This repurchase program has no time limit and may be suspended from time to time, modified, extended or discontinued by the Board of Directors at any time. Purchases under the repurchase program may be made from time to time in the open market or privately negotiated transactions in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended, and would be subject to market conditions, applicable legal requirements and other factors. Any stock purchased as part of this program would be put into treasury shares.
Forward-Looking Statements
Certain statements in this press release concerning the merger between Oasis and Whiting, including any statements regarding Chord's credit facility, the results, effects, benefits and synergies of the merger, future opportunities for Chord, future financial performance and condition, guidance and any other statements regarding Chord's future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance that are not historical facts are "forward-looking" statements based on assumptions currently believed to be valid. This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, included in this press release that address activities, events or developments that Chord expects, believes or anticipates will or may occur in the future are forward-looking statements. The words "anticipate," "ensure," "expect," "if," "intend," "estimate," "probable," "project," "forecasts," "predict," "outlook," "aim," "will," "could," "should," "would," "potential," "may," "might," "anticipate," "likely," "plan," "positioned," "strategy" and similar expressions or other words of similar meaning, and the negatives thereof, are intended to identify forward-looking statements. Specific forward-looking statements include statements regarding Chord's plans and expectations with respect to the return of capital plan, the merger and the anticipated impact of the merger on Chord's results of operations, financial position, growth opportunities and competitive position.
These statements are based on certain assumptions made by Chord based on management's experience and perception of historical trends, current conditions, anticipated future developments and other factors believed to be appropriate. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of Chord, which may cause actual results to differ materially from those implied or expressed by the forward-looking statements. These include, but are not limited to, potential adverse reactions or changes to business or employee relationships, including those resulting from the completion of the merger; the ultimate timing, outcome and results of integrating the operations of Chord, the effects of the business combination on Chord, including Chord's future financial condition, results of operations, strategy and plans, the ability of Chord to realize anticipated synergies in the timeframe expected or at all, changes in crude oil and natural gas prices, developments in the global economy, the impact of pandemics such as COVID-19, weather and environmental conditions, the timing of planned capital expenditures, availability of acquisitions, uncertainties in estimating proved reserves and forecasting production results, operational factors affecting the commencement or maintenance of producing wells, the condition of the capital markets generally, as well as Chord's ability to access them, the proximity to and capacity of transportation facilities, uncertainties regarding environmental regulations or litigation and other legal or regulatory developments affecting Chord's business, the fact that operating costs and business disruption may be greater than expected following the consummation of the merger and other important factors that could cause actual results to differ materially from those projected as described in Chord's reports filed with the U.S. Securities and Exchange Commission (the "SEC").
Any forward-looking statement speaks only as of the date on which such statement is made and Chord undertakes no obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by applicable law. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements. Additional information concerning other risk factors is also contained in the final prospectus and definitive proxy statement filed by the Company on May 24, 2022, Oasis' (now Chord's) and Whiting's most recently filed Annual Reports on Form 10-K (as may be amended), subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K and other SEC filings.
About Chord Energy
Chord Energy Corporation is an independent exploration and production company with quality and sustainable long-lived assets in the Williston Basin. Chord is uniquely positioned with a best-in-class balance sheet and is focused on rigorous capital discipline and generating free cash flow by operating efficiently, safely and responsibly to develop its unconventional onshore oil-rich resources in the continental United States. For more information, please visit the Company's website at https://www.chordenergy.com.
Non-GAAP Financial Measures
The following are non-GAAP financial measures not prepared in accordance with GAAP that are used by management and external users of the Company's financial statements, such as industry analysts, investors, lenders and rating agencies. The Company believes that the foregoing are useful supplemental measures that provide an indication of the results generated by the Company's principal business activities. However, these measures are not recognized by GAAP and do not have a standardized meaning prescribed by GAAP. Therefore, these measures may not be comparable to similar measures provided by other issuers. From time to time, the Company provides forward-looking forecasts of these measures; however, the Company is unable to provide a quantitative reconciliation of the forward-looking non-GAAP measures to the most directly comparable forward-looking GAAP measures because management cannot reliably quantify certain of the necessary components of such forward-looking GAAP measures. The reconciling items in future periods could be significant. To see how the Company reconciles its historical presentations of these non-GAAP measures to the most directly comparable GAAP measures, please visit the Investors—Documents & Disclosures—Non-GAAP Reconciliation page on the Company's website at https://ir.chordenergy.com/non-gaap.
Cash GPT
The Company defines Cash GPT as total GPT expenses less non-cash valuation charges on pipeline imbalances. Cash GPT is not a measure of GPT expenses as determined by GAAP. Management believes that the presentation of Cash GPT provides useful additional information to investors and analysts to assess the cash costs incurred to market and transport the Company's commodities from the wellhead to delivery points for sale without regard to the change in value of its pipeline imbalances, which vary monthly based on commodity prices.
The following table presents a reconciliation of the GAAP financial measure of GPT expenses to the non-GAAP financial measure of Cash GPT for legacy Oasis for the periods presented:
The following table presents a reconciliation of the GAAP financial measure of GPT expenses to the non-GAAP financial measure of Cash GPT for legacy Whiting for the period presented:
Cash G&A
The Company defines Cash G&A as total general and administrative ("G&A") expenses less G&A expenses attributable to discontinued operations, non-cash equity-based compensation expenses, G&A expenses attributable to shared service allocations and other non-cash charges. Cash G&A is not a measure of G&A expenses as determined by GAAP. Management believes that the presentation of Cash G&A provides useful additional information to investors and analysts to assess the Company's operating costs in comparison to peers without regard to the aforementioned charges, which can vary substantially from company to company.
The following table presents a reconciliation of the GAAP financial measure of G&A expenses to the non-GAAP financial measure of Cash G&A for legacy Oasis for the periods presented:
The following table presents a reconciliation of the GAAP financial measure of G&A expenses to the non-GAAP financial measure of Cash G&A for legacy Whiting for the period presented:
Cash Interest
The Company defines Cash Interest as interest expense less interest expense attributable to discontinued operations plus capitalized interest less amortization and write-offs of deferred financing costs. Cash Interest is not a measure of interest expense as determined by GAAP. Management believes that the presentation of Cash Interest provides useful additional information to investors and analysts for assessing the interest charges incurred on the Company's debt to finance its operating activities and the Company's ability to maintain compliance with its debt covenants.
The following table presents a reconciliation of the GAAP financial measure of interest expense to the non-GAAP financial measure of Cash Interest for legacy Oasis for the periods presented:
The following table presents a reconciliation of the GAAP financial measure of interest expense to the non-GAAP financial measure of Cash Interest for legacy Whiting for the period presented:
Net Debt
The Company defines Net Debt as total debt less cash and cash equivalents. Total debt is defined as long-term debt plus unamortized deferred financing costs included in long-term debt and the current portion of long-term debt. Net Debt is not a measure of total debt as determined by GAAP. Management believes that the presentation of Net Debt provides useful additional information to investors and analysts for assessing the Company's financial position and ability to maintain compliance with its debt covenants.
The following table presents reconciliations of the GAAP financial measure of total debt to the non-GAAP financial measure of Net Debt for legacy Oasis for the periods presented:
Adjusted EBITDA and Adjusted Free Cash Flow
The Company defines Adjusted EBITDA as earnings before interest expense, income taxes, depreciation, depletion and amortization ("DD&A"), exploration expenses and other similar non-cash or non-recurring charges. The Company defines Adjusted EBITDA from continuing operations as Adjusted EBITDA less Adjusted EBITDA from discontinued operations, plus cash distributions from Oasis Midstream Partners LP ("OMP"). The Company defines Adjusted Free Cash Flow as Adjusted EBITDA from continuing operations less Cash Interest and E&P and other capital expenditures (excluding capitalized interest and acquisition capital).
Adjusted EBITDA and Adjusted Free Cash Flow are not measures of net income or cash flows from operating activities as determined by GAAP. Management believes that the presentation of Adjusted EBITDA and Adjusted Free Cash Flow provides useful additional information to investors and analysts for assessing the Company's results of operations, financial performance, ability to generate cash from its business operations without regard to its financing methods or capital structure and the Company's ability to maintain compliance with its debt covenants.
The following tables present reconciliations of the GAAP financial measures of net income including non-controlling interests and net cash provided by operating activities to the non-GAAP financial measures of Adjusted EBITDA and Adjusted Free Cash Flow for legacy Oasis for the periods presented:
Adjusted Net Income Attributable to Chord and Adjusted Diluted Earnings Attributable to Chord Per Share
Adjusted Net Income Attributable to Chord and Adjusted Diluted Earnings Attributable to Chord Per Share are supplemental non-GAAP financial measures that are used by management and external users of the Company's financial statements, such as industry analysts, investors, lenders and rating agencies. The Company defines Adjusted Net Income Attributable to Chord as net income after adjusting for (1) the impact of certain non-cash items, including non-cash changes in the fair value of derivative instruments, impairment, and other similar non-cash charges, or non-recurring items, (2) the impact of net income attributable to non-controlling interests, and (3) the non-cash and non-recurring items' impact on taxes based on the Company's effective tax rate applicable to those adjusting items in the same period. Adjusted Net Income Attributable to Chord is not a measure of net income as determined by GAAP. The Company defines Adjusted Diluted Earnings Attributable to Chord Per Share as Adjusted Net Income Attributable to Chord divided by diluted weighted average shares outstanding.
The following table presents reconciliations of the GAAP financial measure of net income attributable to Chord to the non-GAAP financial measure of Adjusted Net Income Attributable to Chord and the GAAP financial measure of diluted earnings attributable to Chord per share to the non-GAAP financial measure of Adjusted Diluted Earnings Attributable to Chord Per Share for legacy Oasis the periods presented:
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SOURCE Chord Energy Corp. | https://www.wibw.com/prnewswire/2022/08/03/chord-energy-announces-updated-return-capital-plan-including-increasing-base-dividend-by-114-issues-an-updated-outlook-reports-second-quarter-2022-earnings/ | 2022-08-03T22:00:19Z |
Powered by Stripe, Jobox Financial Account enables Home Services Pros to send, receive and store funds, all within the Jobox platform
MIAMI, June 30, 2022 /PRNewswire/ -- Jobox.ai, a software company that provides home service marketplaces with an AI-based infrastructure to directly connect their customers with skilled trades professionals ("pros"), announced today it has partnered with Stripe to offer pros business financial accounts. With this feature, Jobox pros will be able to manage spending for their small business on the Jobox app, making it easier for them to keep track of expenses, predict future spending and budget for materials as necessary.
Jobox is transforming the home service industry by providing pros with an all-in-one workplace through its app, which will soon integrate money management with Stripe-powered financial accounts. According to Stripe research, nearly half (46%) of businesses report that their banking experience has hindered their growth. Jobox is eliminating that pain point for home service pros as they manage their small businesses by providing them with a financial account, through which they can receive micro loans, make withdrawals at ATMs, and have no monthly fees or minimum balance requirements.
"As we scale at Jobox, providing pros with everything they need to succeed remains our North Star. This partnership with Stripe reflects another step we're taking to lift the home services industry out of its antiquated ways, propel the industry forward with technology and offer pros all of the resources they need to thrive in today's labor market," said Jobox CEO Shay Bloch. "On average, we see about $16M sitting in digital Jobox wallets at any given time, reflecting that pros prefer to manage their finances within our app instead of transferring funds to a traditional bank account. Through our integration with Stripe, we're taking our in-app financial features to the next level with micro loans, payment integration with vendors and other financial services. By having an official money management account allocated to work specifically, pros will be able to manage their small businesses efficiently and track spending on all job-related expenses in one place."
"We're proud to power Jobox Financial Account and play a role in propelling the home service industry forward by ensuring pros can focus on the work they do best, rather than spending hours on manual financial management," said Denise Ho, Head of Product for BaaS at Stripe.
The partnership follows a successful integration with Stripe in which Jobox scaled to processing $35M in monthly transactions. Jobox powers business for more than 6,000 pros in 39 states across the U.S., and has processed more than $1B of transactions on its platform. Jobox matches a pro to a customer job every three minutes, making it easy for pros and home service marketplaces alike to grow their business.
Home service pros can learn more about Jobox and pre-register for the Stripe-powered Jobox Financial Account at https://www.jobox.ai/.
Jobox connects companies with thousands of vetted home service professionals. We use proprietary algorithms and millions of data points to match end customers with the local pro they need in less than 60 seconds. Jobox also helps companies form a deeper and broader connection with their customers. We enable companies to follow a service transaction all the way to execution. We made reporting, reconciliation, and payments fully automated and transparent, and built the infrastructure, APIs and onboarding flows to help design a smooth customer journey. Jobox takes the overhead of the home service marketplace to let companies focus on customer relationships. Companies get valuable insights into their customers' preferences and the pros they work with, which they can leverage to lead more holistic purchasing journeys.
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SOURCE Jobox.ai | https://www.wibw.com/prnewswire/2022/06/30/joboxai-announces-jobox-financial-account-streamline-money-management-home-service-pros/ | 2022-06-30T14:05:14Z |
RADNOR, Pa., June 7, 2022 /PRNewswire/ -- NRx Pharmaceuticals, Inc. (Nasdaq: NRXP), a clinical-stage biopharmaceutical company, announced today that the company's Board of Directors appointed Seth Van Voorhees, Ph.D. as Chief Financial Officer and Treasurer effective June 13, 2022.
"Dr. Van Voorhees is a highly accomplished CFO with extensive experience in corporate finance, capital markets, investment banking and licensing. His appointment comes at an important time for our Company, as we are focusing our resources principally on our psychiatry franchise. His financial and scientific expertise will be instrumental in helping us to continue to grow the Company," said Robert Besthof, Interim Chief Executive Officer of NRx Pharmaceuticals. "We are grateful to Ira Strassberg for his important contributions to the Company since last August, including the establishment of robust internal controls and the further build-up of our finance and accounting function at the Company."
"I am pleased to join NRx Pharmaceuticals at this exciting stage, as the Company is focusing principally on the development of NRX-101, its Breakthrough Designation Therapy for Severe Bipolar Depression in patients with Acute Suicidal Ideation and Behavior (ASIB). Its scientific platform creates attractive opportunities to address the very high unmet need of treating bipolar depression in patients with suicidality, as well as other psychiatric disorders. Up to 50% of individuals with bipolar disorder attempt suicide over their lifetime, and patients with bipolar depression and suicidality have traditionally been excluded from clinical studies. The Company is already enrolling patients in a Phase II trial studying patients with bipolar depression and sub-acute suicidality (not requiring hospitalization) and plans to initiate a Phase IIb/III registrational trial in patients with bipolar depression and ASIB (requiring hospitalization) later this year," said Dr. Van Voorhees.
Dr. Van Voorhees most recently served as CFO of PDS Biotechnology during which he completed several financing transactions in 2021. Prior to joining PDS Biotechnology, he spent 10 years as the CFO for Research Frontiers and for American Pacific. Earlier in his career, Dr. Van Voorhees worked in investment banking supporting chemical/pharmaceutical clients at Merrill Lynch, UBS Warburg, and Wasserstein Perella. He received a Ph.D. in chemistry from the University of Pennsylvania and an MBA from Columbia University.
About NRx Pharmaceuticals
NRx Pharmaceuticals, Inc. ("NRx Pharmaceuticals" or the "Company") draws upon decades of collective, scientific, and drug-development experience to address very high unmet needs of patients and bring improved health to patients. The U.S. Food and Drug Administration ("FDA") has additionally granted Breakthrough Therapy designation, a Special Protocol Agreement, and a Biomarker Letter of Support for NRX-101, an investigational medicine for the treatment of severe bipolar depression in patients with acute suicidal ideation and behavior (ASIB) after initial stabilization with ketamine or other effective therapy. NRx Pharmaceuticals is led by executives who have held leadership roles at Lilly, Pfizer, and Novartis as well as major investment banking institutions.
Cautionary Note Regarding Forward-Looking Statements
This announcement of NRx Pharmaceuticals, Inc. includes "forward-looking statements" within the meaning of the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995, which may include, but are not limited to, statements regarding our financial outlook, product development, business prospects, and market and industry trends and conditions, as well as the Company's strategies, plans, objectives, and goals. These forward-looking statements are based on current beliefs, expectations, estimates, forecasts, and projections of, as well as assumptions made by, and information currently available to, the Company's management.
The Company assumes no obligation to revise any forward-looking statement, whether as a result of new information, future events or otherwise. Accordingly, you should not place reliance on any forward-looking statement, and all forward-looking statements are herein qualified by reference to the cautionary statements set forth above.
CORPORATE CONTACT
Molly Cogan
Sr. Director, Global Communications
mcogan@nrxpharma.com
INVESTOR RELATIONS
Tim McCarthy
Investor Relations
tim@lifesciadvisors.com
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SOURCE NRx Pharmaceuticals, Inc. | https://www.wibw.com/prnewswire/2022/06/08/nrx-pharmaceuticals-appoints-seth-van-voorhees-phd-chief-financial-officer-treasurer/ | 2022-06-08T00:53:46Z |
HOUSTON, June 2, 2022 /PRNewswire/ -- McDermott International has been awarded a Front-End Engineering Design (FEED) contract by North Oil Company (NOC) for the Ruya Development, previously referred to as Al-Shaheen Phase 3-Batch 1, located offshore Qatar. This award is one the largest FEED projects undertaken in McDermott's history and follows the successful completion of the pre-FEED contract.
"This is a strategic contract for our offshore business in Qatar and a game-changer for McDermott as it represents the largest offshore FEED we have ever received in the Middle East," said Tareq Kawash, McDermott's Senior Vice President, Offshore Middle East. "As was the case for the Pre-FEED with NOC, work will be led from our highly skilled Doha operating center and will be supported by our Chennai engineering office."
"The award strengthens our successful collaboration with NOC and demonstrates the continuity of our business relationship with them," said Neil Gunnion, McDermott Qatar Country Manager and Vice President Operations. "Utilizing our comprehensive experience and in-depth knowledge of the offshore sector in Qatar, we look forward to continuing to work closely with NOC to contribute to the development of Shaheen, which is Qatar's largest offshore oil field."
The scope of the contract comprises developing FEED studies and deliverables suitable for an engineering, procurement, construction, installation and commissioning (EPCIC) project. This includes creating technical output data (FEED data), providing EPCIC schedule and cost estimates, and developing an early work plan for the brownfield scope with necessary site surveys. The scope also ensures that new greenfield facilities design and brownfield modifications comply with applicable rules and regulations.
McDermott has decades of experience delivering projects in Qatar, a historically strategic market, and is significantly increasing localization efforts with the Tawteen In-Country Value (ICV) program. The Ruya Project will be managed from the McDermott Doha office with support from Chennai.
About McDermott
McDermott is a premier, fully-integrated provider of engineering and construction solutions to the energy industry. Our customers trust our technology-driven approach engineered to responsibly harness and transform global energy resources into the products the world needs. From concept to commissioning, McDermott's innovative expertise and capabilities advance the next generation of global energy infrastructure—empowering a brighter, more sustainable future for us all. Operating in over 54 countries, McDermott's locally-focused and globally-integrated resources include more than 30,000 employees, a diversified fleet of specialty marine construction vessels and fabrication facilities around the world. To learn more, visit www.mcdermott.com.
Forward-Looking Statements
McDermott cautions that statements in this communication which are forward-looking, and provide other than historical information, involve risks, contingencies and uncertainties. These forward-looking statements include, among other things, statements about backlog, to the extent backlog may be viewed as an indicator of future revenues or profitability, and about the expected scope and execution of the project discussed in this press release. Although we believe that the expectations reflected in those forward-looking statements are reasonable, we can give no assurance that those expectations will prove to have been correct. Those statements are made by using various underlying assumptions and are subject to numerous risks, contingencies and uncertainties, including, among others: adverse changes in the markets in which we operate or credit or capital markets; our inability to successfully execute on contracts in backlog; changes in project design or schedules; the availability of qualified personnel; changes in the terms, scope or timing of contracts, contract cancellations, change orders and other modifications and actions by our customers and other business counterparties; changes in industry norms; actions by lenders, other creditors, customers and other business counterparties of McDermott and adverse outcomes in legal or other dispute resolution proceedings. If one or more of these risks materialize, or if underlying assumptions prove incorrect, actual results may vary materially from those expected. You should not place undue reliance on forward-looking statements. This communication reflects the views of McDermott's management as of the date hereof. Except to the extent required by applicable law, McDermott undertakes no obligation to update or revise any forward-looking statement.
Contacts:
Global Media Relations
Reba Reid
Senior Director, Global Communications and Marketing
+1 281 588 5636
RReid@McDermott.com
EMEA Media Relations
Barbara Knight
Senior Director, Communications and Marketing
+971 (0)4 804 3990
bbknight@mcdermott.com
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SOURCE McDermott International, Ltd | https://www.kxii.com/prnewswire/2022/06/02/mcdermott-awarded-feed-by-north-oil-company-qatars-largest-offshore-oil-field/ | 2022-06-02T11:26:06Z |
One killed, one seriously injured Thursday in Franklin County crash
PRINCETON, Kan. (WIBW) - One person was killed and another person suffered serious injuries in a two-vehicle crash early Thursday in Franklin County, authorities said.
The collision was reported at 4:43 a.m. Thursday on US-59 highway, about two miles south of Princeton.
According to the Kansas Highway Patrol, a 2012 Mazda CX9 was northbound on US-59 when it crossed the center line and struck a southbound 2010 Toyota Tacoma pickup truck.
The driver of the Tacoma, Bryce Jacob Crump, 31, of Newton, was pronounced dead at the scene. The patrol said Crump was wearing his seat belt.
The driver of the Mazda, Weston Scott Johnson, 18, of Garnett, was transported to AdventHealth in Ottawa with serious injuries. The patrol said Johnson wasn’t wearing a seat belt.
Both drivers were alone in their vehicles, the patrol said.
Copyright 2022 WIBW. All rights reserved. | https://www.wibw.com/2022/04/29/one-killed-one-seriously-injured-thursday-franklin-county-crash/ | 2022-04-29T11:08:23Z |
Years late, London’s ‘game-changer’ subway line set to open
By JILL LAWLESS
Associated Press
LONDON (AP) — Andy Byford points out the cathedral-like ceiling, the crystal-clear acoustics, the “pureness of the aesthetic” that surrounds him.
The head of London’s public transport system is rhapsodizing about a subway station — part of a new line he says will be “the envy of the world” when it opens this month.
“It really gives people a sense of grandeur, but there is also a sense of calm,” said Byford as he showed journalists around Liverpool Street Station on London’s gleaming new east-west Elizabeth Line, due to open on May 24.
The 19 billion-pound ($23 billion) mixed overground and underground railway, named in honor of Queen Elizabeth II, is three-and-a-half years late and 4 billion pounds ($5 billion) over budget. But Byford says it will be “a game-changer” for Britain’s pandemic-scarred capital city.
“I think when it opens it is going to be a huge morale boost for London, post-COVID,” said Byford, who is commissioner of Transport for London. “What could be a greater symbol of London’s emergence from COVID than this spectacular railway?”
Yet there’s a question mark over whether London still needs the Elizabeth Line.
Since ground was first broken on the project — also known as Crossrail — in 2009, London has been through recession, a rocky British exit from the European Union and a coronavirus pandemic that shut down the city for months and transformed work and travel patterns, potentially for good.
Tony Travers, a professor of government at the London School of Economics, said the Elizabeth Line “is a remarkable and beautiful thing.”
“But it was built — after a lot of effort and over a very long period of time — for a different economy,” he said. “Its entire economic case was very heavily predicated on the continued growth of the economy of central London.”
Britain’s biggest infrastructure project for decades, the new line involved digging 26 miles (42 kilometers) of new tunnels under Europe’s biggest city — uncovering 68,000-year-old mammoth bones, Roman ruins and the skeletons of medieval plague victims along the way.
It was scheduled to open in late 2018. But with just months to go the launch was postponed, and then postponed again as workers struggled to finish 10 new stations and link up three separate signalling systems on the western, central and eastern stretches of the 60-mile (100-kilometer) railway.
In 2020, the builders turned to Byford, a veteran public transport executive who ran the Toronto Transit Commission and then the transit authority in New York, where he was nicknamed “Train Daddy” as he grappled with the Big Apple’s often frustrating subway and bus systems.
Byford has staked his reputation on getting the Elizabeth Line up and running.
“It’s had its challenges,” he acknowledged. “This has been a labor of love for us. We’ve sweated blood over this thing.”
The largely underground central section from Paddington Station in west London to Abbey Wood in the southeast opens to paying customers this month, days before the U.K. celebrates the queen’s Platinum Jubilee, though it won’t be fully integrated with the aboveground eastern and western legs until the fall.
Builders say the Elizabeth Line will provide a speedy new link between Heathrow Airport west of London, the City financial district in the center and the Canary Wharf business hub in the east.
For anyone who has ridden London’s cramped Underground, parts of which are more than 150 years old, the scale of the new line is a pleasant shock. The spacious trains can carry more than 1,000 passengers each. They are also air conditioned, something that’s a rarity on London’s sweaty Tube. The tunnels seem to curve on forever and the stations soar — Paddington is 10 stories high and as long as the Shard, London’s tallest skyscraper.
Crossrail’s builders are proud of the attention to detail, from the purple patterned fabric on the train seats to the playful station design touches, like a ceiling of Liverpool Street Station in the City that is striped to evoke a banker’s pinstriped suit. Lighting is cool in the concourse, warm on the platforms — a “nudge” to subtly encourage people towards the trains.
The Elizabeth Line opens in a city, and country, facing economic uncertainty, with the war in Ukraine fueling record inflation and the city center still quieter than before the pandemic as many officers work at least part time from home. The line’s expected ridership has been scaled back from a predicted 250 million people a year before the pandemic, to about 200 million a year.
The transit network, London’s circulatory system, needs even more investment. But Britain’s Conservative government is focused on spreading economic opportunity from the wealthy south of England to the poorer Midlands and north, and is reluctant to spend money on the capital city — especially since London is a stronghold of the opposition Labour Party.
A planned Crossrail 2 that would slice through London from southwest to northeast is on hold, though Crossrail chief executive Mark Wild hopes it will be completed one day.
He is certain the new line will help get London back on track.
“If there’s ever going to be a railway that’s pandemic-proof, it’s this one,” Wild said. “It’s airy, fast, the stations are cathedral-like, the air’s fresh. It’s modern, clean. If there’s ever a railway that can stimulate a return to the office, it’s going to be this one.” | https://localnews8.com/news/ap-national-business/2022/05/12/years-late-londons-game-changer-subway-line-set-to-open/ | 2022-05-12T11:59:03Z |
I’m a lucky American. Thanks to my wife Colleen’s job as a travel agent, in the last two weeks I’ve been to Europe and back. I was able to tag along with Colleen, as I often do, when she took a group of tourists to France’s Bordeaux wine country.
While I was gone, things looked like they were starting to improve a little at home. The Biden administration was still doing its best to cripple the economy, bankrupt the federal government and destroy our energy industry with their insane green policies. But the stock market bounced up nicely.
National gasoline prices continued their slow fall toward $4.25 a gallon (except in California). And Nancy Pelosi didn’t start World War III by visiting Taiwan.
While I was in Europe, a friend from Pittsburgh, an ex-newspaper journalist named Bill Steigerwald, drove from Western Pennsylvania to Montana with his wife and daughter. It’s a 1,900-mile road trip — one way — but Bill’s used to driving across America and meeting strangers. He still thinks it’s fun at 74.
For decades he did what he calls “drive-by journalism” for the Los Angeles Times (in the 1980s) and two Pittsburgh daily papers. And in 2010 for his book “Dogging Steinbeck,” he carefully retraced the road trip John Steinbeck made around the U.S. in 1960 and turned it into his iconic best-seller “Travels With Charley.”
Bill drove by himself, racked up 11,276 miles in about 40 days and met hundreds of Americans from Maine to California. Unlike many journalists, he liked 99.9 percent of the people he met. Bill still meets — and, as he says, “gently interrogates” — people all the time when he travels.
This week, in an email from the middle of barely populated Montana, he wrote, “Don’t be too worried about the future, Mike. In the last week I’ve met half a dozen good, hard-working ordinary people out here who prove that the politicians in D.C. can’t completely wreck America with their bad policies.”
In Lewistown, population 6,000, Bill said he met Brandon O’Halloran, an ex-school teacher in his 40s who owns and operates the Rising Trout Café on Main Street. Brandon and his wife, Mariah, have three kids and live on a small all-organic ranch and wheat farm outside of town. Three mornings a week he goes in at about 5:30 a.m., roasts his own coffee and makes a pile of cinnamon buns and breakfast sandwiches from scratch.
“He’s upbeat, friendly and apolitical, a sensible mix of liberal and conservative,” Bill wrote. “You’d never know the country is in a mess or that his wheat crop failed last year because of the weather.”
Bill is staying in his wife’s family’s log cabin in the dense forest near the former silver mining boomtown of Neihart, population now about 50. In “downtown” Neihart on Highway 89, which cuts through mountainous Lewis & Clark National Forest and its sprinkling of still-active Minutemen silos, is “The Inconvenience Store.”
A cooperative, it’s run on a shoestring and owned and staffed by a dedicated crew of colorful and friendly residents. The priceless store serves as an early morning coffee hangout for old-timers, a community center and is the only place for many miles where you can buy bread, milk and water.
Almost next door to the co-op is Bob’s Bar Restaurant & Motel. The modest combo was bought about five years ago by a hard-working 40-something entrepreneur from Indiana named Janice who even cleans rooms herself (to make sure they’re done right). Her funky bar caters to tourists, locals, skiers and passing bikers, and she just hired a new cook who specializes in prime rib and grilled salmon.
Janice has the only gasoline for sale for 40 miles and she knows locals depend on her.
“She charges $6.50 a gallon,” Bill reported. “That’s steep — but fair. When her two old gas pumps stop working because of vapor locks, she gets out her equipment and hand pumps what you need herself.”
It’s the way America has always worked, Bill said — in the middle of Montana, anyway.
Michael Reagan is an author, speaker and president of the Reagan Legacy Foundation. Send comments to reagan@caglecartoons.com.
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accounts, the history behind an article. | https://www.albanyherald.com/opinion/michael-reagan-some-places-in-america-are-still-working-just-fine/article_374843a8-1671-11ed-b8a6-73f86423990d.html | 2022-08-07T23:46:16Z |
Teacher fired, arrested for hitting student with broomstick
By Ari Hait
Click here for updates on this story
FORT PIERCE, Florida (WPBF) — A Treasure Coast teacher was fired and arrested after a video surfaced showing her hitting a student with a metal stick.
Cyntyche Darling-Lundy is charged with child abuse.
A parent, Joselyn Destine, said the incident happened early last week at Forest Grove Middle School in Fort Pierce. And she said the boy being hit in the video is her son, 12-year-old Kevin Searles, Jr.
“I was enraged,” Destine said. “I was enraged.”
She said her son told her it started when the teacher used a desk to pin him near the wall.
“He’s telling her, ‘No, no, no,’” Destine said. “It’s clear as day. ‘I want out!’”
In the video, you can hear Searles telling Darling-Lundy, “I want to get out.”
Darling-Lundy responds by saying, “You like it right there.”
The boy then said, “No, I don’t!”
Ten seconds later, Darling-Lundy hits Searles with the metal stick. The boy screams and falls to the ground.
Searles’ friend, 12-year-old Seth McClanahan, recorded the incident on his phone.
“I asked him why he did that,” said McClanahan’s mother, Menda Potter. “And he said, ‘To protect my friend. I don’t want this teacher hurting nobody else.’”
WPBF 25 News reached out to St. Lucie Public Schools and asked about this specific incident.
A spokesperson responded with a statement:
“The alleged behavior is intolerable and reprehensible. As a result of the initial investigation, the teacher has been terminated. This behavior represents a total disregard for SLPS’s mission to provide a safe and caring teaching and learning environment and such behavior is not tolerated.”
Shortly after being fired, Darling-Lundy was arrested.
Both Destine and Potter said they were pleased by both developments and said they hoped Darling-Lundy never steps foot in a classroom again.
“Your job is not to beat him,” Destine said. “You beat my baby.”
“We send our kids to school to be safe,” Potter said. “We’re at work. We’re out doing things. They’re supposed to be safe, not getting hit at school and being chased around a classroom by a teacher.”
WPBF 25 News made multiple attempts to contact Darling-Lundy, but she did not respond.
According to the police report, Darling-Lundy also refused to speak to investigators.
The report, though, said she told school officials she and Searles were just being playful.
Darling-Lundy is currently out on bond.
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/2022/04/26/teacher-fired-arrested-for-hitting-student-with-broomstick/ | 2022-04-27T00:44:26Z |
NEW YORK, Sept. 6, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for APDN, HOTH, BTU, EYEN, and NIO.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- APDN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=APDN&prnumber=090620222
- HOTH: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=HOTH&prnumber=090620222
- BTU: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=BTU&prnumber=090620222
- EYEN: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=EYEN&prnumber=090620222
- NIO: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=NIO&prnumber=090620222
(Note: You may have to copy this link into your browser then press the [ENTER] key.)
InvestorsObserver's PriceWatch Alerts are based on our proprietary scoring methodology. Each stock is evaluated based on short-term technical, long-term technical, and fundamental factors. Each of those scores is then combined into an overall score that determines a stock's overall suitability for investment.
InvestorsObserver provides patented technology to some of the biggest names on Wall Street and creates world-class investing tools for the self-directed investor on Main Street. We have a wide range of tools to help investors make smarter decisions when investing in stocks or options.
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SOURCE InvestorsObserver | https://www.kxii.com/prnewswire/2022/09/06/thinking-about-buying-stock-applied-dna-sciences-hoth-therapeutics-peabody-energy-eyenovia-or-nio/ | 2022-09-06T14:35:34Z |
Dad charged with murder in crash that killed improperly restrained 3-year-old
ROCKY MOUNT, Mo. (KY3/Gray News) – A Missouri father has been charged with second-degree murder for the car-crash death of his 3-year-old son who was not properly restrained.
Larry Lunnin, 40, is charged with second-degree murder, involuntary manslaughter, two counts of child abduction, failing to drive on the right side of the roadway, and failing to secure a child in a child restraint or booster.
Investigators said the crash happened Saturday afternoon when Lunnin drove off the road, hit a sign, then rolled his soft-top Jeep. The 3-year-old boy was not properly restrained in a car seat, but he was wearing a seat belt.
Another child in the Jeep suffered minor injuries.
Investigators also said Lunnin did not have custody of the children, as a judge gave the children’s mother full custody in March.
A judge ordered Lunnin in contempt of court after he failed to show up in court to hand over the children. In an interview after the fatal Jeep accident, investigators said Lunnin claimed he never received that court order.
Copyright 2022 KY3 via Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/09/09/dad-charged-with-murder-crash-that-killed-improperly-restrained-3-year-old/ | 2022-09-09T17:01:06Z |
Innovative Covers Designed to Improve Maintenance, Protect Aircraft & Pilots
SHERIDAN, Wyo., Aug. 16, 2022 /PRNewswire/ -- As the US military continues to look for ways to increase mission flexibility and protect its pilots and aircraft, industry pioneer Kennon Products is unveiling its innovative Portable Magnetic Aircraft Covers (PMAC). The entire PMAC line provides superior protection in a highly portable format.
Today's modern fighter jets — the F-22 and F-35 — are high precision, state-of-the-art flying computers susceptible to Foreign Object Debris (FOD). FOD can come from nature — birds, rodents, blowing dust, rain, and snow. It can also come from human error. Such was the case in May 2020, when an F-22 crashed near Eglin Air Force Base in Florida. Investigators determined the event resulted from human error — a piece of tape was left on the aircraft after servicing. The piece of tape impacted a flight control sensor and caused the pilot to eject (safely). However, the $200M+ F-22 jet was lost.
Kennon's covers protect aircraft, ease maintenance, and reduce deadly accidents by providing coverage that prevents FOD intrusion. They also reduce the need for tape.
"The best covers are the ones you have with you and the ones you use. Our PMAC covers are easier to see and remove; plus, they stow on board the aircraft," said Kennon CEO Joe Wright.
Unlike standard covers, Kennon's PMAC line of products can be folded and packed into a small compartment on the aircraft. This portability enhances mission flexibility and reduces the logistical footprint of moving traditional bulky covers and plugs from location to location. Because the covers stay with the aircraft, regardless of where it lands, crews can cover up the various intakes, exhausts, and ports. The jet will never be apart from its protective covers. Kennon can also print on the covers, including a squadron's graphics, tastefully displayed when the jets are parked.
The PMAC covers use various advanced composite materials and seals to withstand repeated washings and environmental exposure, including winds up to 70 mph. Kennon's covers protect the fighter jet canopies during maintenance without touching sensitive surfaces.
Kennon designed the F-22 Alpha Cover for line-to-line fitment. Made from UV-resistant polyurethane, the cover seals the probe from the elements without damaging fifth-generation LO (low observable) coatings. The fit is secure, even during extreme weather.
Kennon's PMAC line was born from a prototype first designed by Retired Air Force Technical Sergeant Daniel Caban, who witnessed the logistical challenges of transporting the complete set of plugs and covers that must go with each aircraft. Caban's prototype, featured in the Air Force's Spark Tank competition, prompted AFWERX, the Air Force's technology accelerator group, to award Kennon several contracts.
The initial award was to develop, manufacture, and commercialize the PMAC product line. Kennon has received additional contracts from the US Air Force that address other PMAC products, including multi-purpose wash covers and an advanced canopy protection system for the F-35 and F-22 are now in development.
"These technologies can be applied or scaled to other aircraft platforms, both fixed wing and rotorcraft. American allies worldwide also fly these aircraft, so we know there is a large market for this technology," Wright said.
Founded in 1984, Kennon Products is a leading designer and manufacturer of products that protect people and high-value assets for the military, aviation, and healthcare industries. The company employs more than 60 people at its Sheridan, Wyoming facility. Kennon is an employee-owned ESOP (employee stock ownership program) company. With engineering and manufacturing at its core, Kennon Products says yes to virtually any project whose goal is to protect high-value assets. Learn more about Kennon Products at kennonproducts.com.
Contact: Neal Leavitt, 760-639-2900, neal@leavcom.com
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SOURCE Kennon | https://www.kxii.com/prnewswire/2022/08/16/kennon-announces-portable-magnetic-aircraft-covers-military-fighter-jets/ | 2022-08-16T07:58:59Z |
Tour the highly anticipated Moonstone & Sapphire models at Seasons at Broadmoor Heights
RIO RANCHO, N.M., Sept. 14, 2022 /PRNewswire/ -- Richmond American Homes of New Mexico, Inc., a subsidiary of M.D.C. Holdings, Inc. (NYSE: MDC), is excited to announce the grand opening of two new model homes at Seasons at Broadmoor Heights in Rio Rancho. The two-story Moonstone and single-story Sapphire models boast the designer details today's homebuyers are seeking, such as open, inviting layouts for entertaining and lavish owner's suites with oversized walk-in closets.
Model Grand Opening Event (RichmondAmerican.com/SBHModelGO)
Prospective homebuyers and area agents are invited to attend a Model Grand Opening Event at Seasons at Broadmoor Heights from 12 to 4 p.m. on Saturday, September 24, and Sunday, September 25. In addition to complimentary snacks and model home tours, attendees can enter for a chance to win a prize drawing.
More about this community (RichmondAmerican.com/SBH):
- New Seasons™ Collection homes from the upper $300s
- Five versatile ranch & two-story floor plans
- 3 to 6 bedrooms, approx. 1,610 to 2,630 sq. ft.
- Master-planned living with community parks & trails
- Close proximity to Unser Boulevard & Highway 528
Those who choose to build a new home from the ground up at Seasons at Broadmoor Heights will have the opportunity to work with professional design consultants at the builder's Home Gallery™ to select colors, textures, finishes and fixtures for their new living spaces—a complimentary service!
Seasons at Broadmoor Heights is located 2394 Sandra Loop NE in Rio Rancho. For more information, or to RSVP for a model home tour, call 505.510.6600 or visit RichmondAmerican.com.
About M.D.C. Holdings, Inc.
Operating under the name Richmond American Homes, MDC's homebuilding subsidiaries have built more than 230,000 homes since 1977. Among the nation's largest homebuilders, MDC's subsidiary companies have operations in Alabama, Arizona, California, Colorado, Florida, Idaho, Maryland, Nevada, New Mexico, Oregon, Pennsylvania, Tennessee, Texas, Utah, Virginia and Washington. Mortgage lending, plus insurance and title services are offered by the following MDC subsidiaries, respectively: HomeAmerican Mortgage Corporation, American Home Insurance Agency, Inc. and American Home Title and Escrow Company. M.D.C. Holdings, Inc. is traded on the New York Stock Exchange under the symbol "MDC." For more information, visit MDCHoldings.com.
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SOURCE M.D.C. Holdings, Inc. | https://www.kxii.com/prnewswire/2022/09/14/richmond-american-announces-model-home-debut-rio-rancho/ | 2022-09-14T22:09:52Z |
- TripTrends series shares the data and trends defining the global travel revival and examine the latest Trip.com data to identify the patterns emerging as travel rebounds worldwide.
- This series reveals the growth in US visitor numbers travelling to European markets.
SINGAPORE, Aug. 24, 2022 /PRNewswire/ -- As consumer confidence to travel resumes around the world, Trip.com data reflects the global travel recovery trends. Trip.com's latest data analysis from its booking sites shows the return of US transatlantic travel, as American consumers take advantage of the strong dollar to take more cost-effective European trips.
Read on for a more in-depth analysis of US travel growth to Europe.
US European visitor numbers surge
Data analysis by Trip.com has revealed a huge surge in US travellers flying to Europe, with inbound visitor numbers up by nearly 250% in the first six months of this year.
The significant rise shown by Trip.com's data highlights the healthy rebound in transatlantic travel, which appears to signal a return to near pre-pandemic travel levels.
Flight bookings from the USA to key European markets were up 246% in the first half of 2022, compared to the same period in 2021.
The most significant leap in transatlantic flights was recorded between July and August 2021, when US bookings for flights to Europe rose by 162%.
US dollar strength powers travel return
Over the past year, the US dollar has gained around 14% in value against the euro and British pound, with the dollar recently hitting parity with the euro for the first time in two decades.
The advantageous currency rates have translated to more European trips for US travellers that are 10-15% less expensive for Americans than at the same time last year.
The strong dollar and weaker euro and pound sterling look set to help speed up the recovery so that it exceeds earlier projections that travel will return sooner to pre-pandemic levels.
Top European destinations for US travellers
When looking at the data for preferred European markets, people can see that between January and July 2022, the most popular European market for US departing flights was the United Kingdom.
Spain was the second most popular market for travellers to Europe from the US, followed in turn by France, Italy and Germany.
Trip.com's further data analysis shows that London and Paris were the top European destinations for Americans between January and July this year. Meanwhile, the highly-competitive New York to London route remained the most popular for US travellers, followed by Los Angeles to Paris, then Los Angeles to London.
As evidence of the UK's enduring popularity with US visitors, Trip.com data recorded a huge 678% increase in views for US to UK flights when comparing the first half of 2022 with the same period in 2021.
Meanwhile, other markets also saw a substantial rise in US consumer interest, with a similarly impressive 614% increase in views for flights from the US to Spain and a 577% increase from the US to Italy, followed by a 491% increase from the US to France.
Return of transatlantic travel
Commenting on the return of US travel across the Atlantic, Rich Sun, Trip.com Group's General Manager for the Americas, said: "Transatlantic travel is well and truly back and London is clearly the most popular destination once again for US travellers.
"Our analysis of Trip.com's latest data shows a significant surge in demand for travel, not only to the UK but also to other leading European capitals, with Paris and Madrid proving almost equally as popular.
"The massive 246% rise in inbound transatlantic bookings from the US to Europe is evidence, if any were needed, that consumer confidence has once again returned to the market.
"We believe the increased value of the strong US dollar versus the weaker Euro and fall in the value of Pound Sterling means that US travellers have so much more buying power in Europe, which has helped to mark the continent's return once more as a major destination for the US market."
Bumps in the road
While the overall picture has been positive, showing US inbound travel to Europe is on the rise, there have been bumps in the road, and some months have shown a decline in travel numbers in response to external events.
The impact of Omicron saw a decrease in bookings from the US to Europe in December 2021 compared to the previous month, with flight bookings falling by over a third (33%).
However, this decline was temporary, with flight bookings from the US to Europe once again increasing in the New Year, with a marked rise of 51% in March 2022 vs February 2022.
But with the cost of living crisis beginning to bite and the US experiencing the highest inflation rise in 40 years, leaping from 8.6% in May from the year before, the impact on travel levels was felt the following month.
Trip.com data reveals that US travel booking to Europe fell by a notable 19% in June compared to the month before, perhaps indicating the recovery is not yet set in stone.
Booking values are still on the rise
As proof that American travellers were prepared to dig deeper into their pockets to pay for overseas travel following extensive travel restrictions, Trip.com data showed that at the start of this year, the average booking value of trips was on the rise, with spending up nearly a quarter (23%) in February 2022 compared to the previous month.
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SOURCE Trip.com | https://www.kxii.com/prnewswire/2022/08/24/trip-trends-tripcom-us-travellers-europe-have-increased-by-nearly-250/ | 2022-08-24T11:02:18Z |
70 missing children recovered from human trafficking operation in Texas, ICE says
EL PASO, Texas (Gray News) – U.S. Immigration and Customs Enforcement (ICE) announced Wednesday that 70 missing children were recovered following a three-week long operation in Texas.
According to ICE, “Operation Lost Souls” recovered 70 missing children who range in ages from 10 to 17. The children included victims of sex trafficking, physical abuse, and sexual abuse, officials said.
Majority of the children were found in west Texas, but some were found in the Dallas and Fort Worth areas as well as the state of Colorado and Ciudad Juarez, Mexico.
Numerous agencies assisted in the operation, led by Homeland Security Investigations (HSI) El Paso. The agencies are providing victim services and counseling to the recovered children and their families.
ICE encourages anyone with information to contact the National Human Trafficking Hotline at (888) 373-7888.
Copyright 2022 Gray Media Group, Inc. All rights reserved. | https://www.mysuncoast.com/2022/05/30/70-missing-children-recovered-human-trafficking-operation-texas-ice-says/ | 2022-05-30T21:35:40Z |
BOSTON, Aug. 4, 2022 /PRNewswire/ -- Capitol Securities Management, Inc. is pleased to welcome John J. Scarpino to our firm. John began his career as a Financial Advisor at Prudential Bache Securities in 1988. He has worked his entire career in the financial services industry in multiple roles including advisor and recruiter. John is currently licensed in eight states and holds a Series 7, 66, Life and Health License. From 2017 until 2022 John was a Financial Advisor with Key Investment Services (Key Bank) where he was promoted to Vice President in 2019 and was their top advisor in the Hudson Valley (18 branches) in 2022. Recently Mr. Scarpino left Key and founded his own client focused firm, Pivotal Wealth Management LLC.
Mr. Scarpino is a graduate of Virginia Military Institute, Class of 1988. He holds a BA in modern languages, and international relations. His guiding principle is the honor code of the Institute. As a fiduciary for his clients, he believes his clients best interests always come first. Honor, Integrity, and knowledge of all forms of investments are ingrained in the way Pivotal Wealth Management LLC formulates financial plans for their clients. There are advisors that can grow assets, but at Pivotal the goal is to also protect those assets and help clients reach their personal financial goals.
John is located at 1 Blue Hill Plaza, Lobby Level, #1509, Pearl River , NY 10965. His contact information is jscarpino@capitolsecurities.com. (845-219-5162)
John will be working with Paul Grod, pgrod@capitolsecurities.com .
Capitol Securities Management, Inc. is a Mid-Atlantic based, regional brokerage and investment advisory firm with locations from New England to Florida and has been serving the needs of its clients and advisors since 1985. Capitol Securities has a clearing relationship for its clients' accounts, products, services, and technology with Raymond James. It is a member of FINRA and SIPC. For more information on Capitol Securities and its holistic, client centered, platform and services. www.capitolsecurities.com or call Brad Kimball, National Business Development Director at (857) 343-2316. bkimball@capitolsecurities.com
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SOURCE Capitol Securities Management, Inc. | https://www.mysuncoast.com/prnewswire/2022/08/04/capitol-securities-welcomes-pivotal-wealth-management-john-scarpino-our-firm/ | 2022-08-04T19:31:39Z |
NEW YORK, May 4, 2022 /PRNewswire/ --
WHY: Rosen Law Firm, a global investor rights law firm, reminds sellers of the common stock of Twitter, Inc. (NYSE: TWTR) between March 24, 2022 and April 1, 2022, inclusive (the "Class Period"), of the important June 13, 2022 lead plaintiff deadline.
SO WHAT: If you sold Twitter 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 Twitter class action, go to https://rosenlegal.com/submit-form/?case_id=5134 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than June 13, 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: Elon Musk, the founder of Tesla and Space-X, and according to Forbes, the richest person in the world, began acquiring shares of Twitter in January 2022. By March 14, 2022, Musk had acquired more than a 5% ownership stake in Twitter, requiring him to file a Schedule 13 with the United States Securities and Exchange Commission ("SEC") within 10 days, or March 24, 2022. However, Musk did not file a Schedule 13 with the SEC within the required time and instead continued to amass Twitter shares, eventually acquiring over a 9% stake in the Company before finally filing a Schedule 13 on April 4, 2022.
Upon Musk belatedly filing the required Schedule 13, which first revealed his ownership stake in Twitter to the public, the Company's shares rose from a closing price of $39.31 per share on April 1, 2022, to close at $49.97 per share on April 4, 2022 – an increase of 27%.
Investors who sold shares of Twitter between March 24, 2022 and April 4, 2022 missed the resulting share price increase as the market reacted to Musk's purchases. By failing to timely disclose his ownership stake, Musk was able to acquire shares of Twitter less expensively during the Class Period.
To join the Twitter class action, go to https://rosenlegal.com/submit-form/?case_id=5134 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email pkim@rosenlegal.com or cases@rosenlegal.com for information on the class action.
No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff.
Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.
Attorney Advertising. Prior results do not guarantee a similar outcome.
Contact Information:
Laurence Rosen, Esq.
Phillip Kim, Esq.
The Rosen Law Firm, P.A.
275 Madison Avenue, 40th Floor
New York, NY 10016
Tel: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
lrosen@rosenlegal.com
pkim@rosenlegal.com
cases@rosenlegal.com
www.rosenlegal.com
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SOURCE Rosen Law Firm, P.A. | https://www.mysuncoast.com/prnewswire/2022/05/04/rosen-top-ranked-firm-encourages-twitter-inc-investors-secure-counsel-before-important-deadline-securities-class-action-against-elon-musk-twtr/ | 2022-05-04T23:38:36Z |
Banter by Piercing Pagoda and Tierra Whack to launch jewelry capsule collection
DALLAS, June 1, 2022 /PRNewswire/ -- Today, Banter by Piercing Pagoda announced Grammy-nominated rapper, songwriter, and artist Tierra Whack as the brand's first-ever Creative Director. This collaboration amplifies the brand's consumer-inspired focus, encouraging self-exploration and celebrating uniqueness. Known to be unapologetically herself, Whack will use her boundless creativity to engage customers with designs that elevate the brand's bold spirit. As Creative Director, Whack has designed a capsule collection of jewelry in conjunction with designer Malyia McNaughton, a member of the Black in Jewelry Coalition.
"We are extremely excited to welcome Tierra to the Banter family and are energized to share her creative energy and fierce individuality with our customers," said Kecia Caffie, President, Banter by Piercing Pagoda. "Bringing Tierra onboard will help amplify our ongoing mission of inclusivity. Like our customers, Tierra is a creative visionary who rejects labels and celebrates her own unique identity."
In addition to the capsule collection, Tierra will be featured in an entertaining content series that documents her unique approach to becoming the brand's first-ever Creative Director. Like the freshly rebranded Banter by Piercing Pagoda, Tierra is vivacious and constantly invokes playful energy in everything that she does which will be shown in the content series that customers can engage with across the brand's social media channels.
"I'm excited to be the first-ever Creative Director for Banter by Piercing Pagoda and give a unique spin on what jewelry means to me," said Tierra Whack. "My fans have always been a great source of inspiration. Like me, they're all about celebrating creativity. I'm thrilled to now turn my attention toward creating jewelry that brings all our shared passions to life. I can't think of a stronger partner to do that with than Banter, who helps people express their own unique style every day."
Previously known as Piercing Pagoda for more than 50 years, the brand recently rebranded to "Banter by Piercing Pagoda" in August 2021 focusing on consumers' passion about expressing their individuality through jewelry and piercings. As part of the Signet Jewelers portfolio, the brand caters to the Gen Z and millennial customer who expresses themselves boldly through their personal style. Similar to Whack's mission, the brand's goal is inclusivity for all people.
The Tierra Whack collection includes one necklace, two bracelets, seven earring styles, one ring available in every letter of the alphabet, and five different charms in both 10K and plated gold. The variety of offerings in the collection makes it accessible to Banter's customer, Tierra's fans, and everyone in between. The pieces reflect meaningful symbols to Tierra such as wings and music notes. The Tierra Whack collection ranges from $55- $1,750 and will be available beginning July 2022 at locations nationwide and on Banter.com.
Tierra Whack will serve as the brand's Creative Director for a year.
ABOUT BANTER™ BY PIERCING PAGODA®
Banter by Piercing Pagoda remains the leader in ear and other piercings. As the nation's largest specialty kiosk retailer, Banter by Piercing Pagoda's history is one of serving and satisfying customers with an extensive selection of popularly priced 10K and 14K gold chains, charms, bracelets, rings, and earrings, as well as a variety of silver and diamond jewelry. Visit www.banter.com to view Banter by Piercing Pagoda's latest styles or to find a location near you. Follow us on Facebook , Twitter , Instagram, Pinterest , and YouTube.
ABOUT SIGNET JEWELERS
Signet Jewelers Limited is the world's largest retailer of diamond jewelry. As a purpose-driven and sustainability-focused company, Signet is a participant in the United Nations Global Compact and adheres to its principles-based approach to responsible business. Signet is a Great Place to Work –Certified™ company and has been named to the Bloomberg Gender-Equality Index for four consecutive years. Signet operates approximately 2,800 stores primarily under the name brands of Kay Jewelers, Zales, Jared, H. Samuel, Ernest Jones, Peoples, Piercing Pagoda, Diamonds Direct, and JamesAllen.com and the jewelry subscription service, Rocksbox. Further information on Signet is available at www.signetjewelers.com. See also www.kay.com, www.zales.com, www.jared.com, www.hsamuel.co.uk, www.ernestjones.co.uk, www.peoplesjewellers.com, www.pagoda.com, www.rocksbox.com and www.jamesallen.com, and www.diamondsdirect.com.
ABOUT TIERRA WHACK
GRAMMY-nominated lyricist and fast-rising superstar Tierra Whack is solidifying her position as a force to be reckoned with after her riveting release Whack World. Loaded with flavorful wordplay and boundless creativity, Whack netted her first GRAMMY nomination for her standout video, "Mumbo Jumbo." After being lauded for her lyrical bravery and masterful vision in 2018, the following year, Whack stormed back with five new tracks in five consecutive weeks as part of her acclaimed "Whack History Month." In June 2019, her stellar wordplay abilities earned her a coveted slot as an XXL Freshman. She also was featured on Apple's Up Next Program and, the following year, covered Teen Vogue's March 2020. Last year, Whack was in peak form lyrically, releasing three EPs. Aptly titled Pop?, Rap? and R&B?. Tierra skates effortlessly through different genres, flexing her overall sensibilities as a transformative artist.
Media Contact:
Nike Communications Contact: Lauren O'Connor
Email: Banter@nikecomm.com
Phone: (646) 654-3425
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SOURCE Banter by Piercing Pagoda | https://www.wibw.com/prnewswire/2022/06/01/banter-by-piercing-pagoda-appoints-artist-fast-rising-superstar-tierra-whack-first-ever-creative-director/ | 2022-06-01T14:17:22Z |
Nineteen children and two teachers were close to celebrating the end of the school year at Robb Elementary School when a gunman came in and opened fire, stealing their lives and devastating a nation.
For hours, families waited in agony to learn whether their loved ones had survived Tuesday's attack in Uvalde, Texas.
Relatives embarked on the grim task of providing DNA swabs to help investigators determine whether their family member was among the victims.
As of Wednesday morning, at least five families had said they received devastating news. Here's what relatives want everyone to remember about the people they lost:
Amerie Jo Garza
For seven hours, Angel Garza scrambled to find his 10-year-old daughter, Amerie Jo. He pleaded for the public's help on Facebook.
"I don't ask for much or hardly even post on here but please It's been seven hours and I still haven't heard anything on my love," Garza wrote. "Please help me find my daughter."
On Wednesday morning, Garza gave a heartbreaking update.
"Thank you everyone for the prayers and help trying to find my baby. She's been found. My little love is now flying high with the angels above," Garza posted.
"Please don't take a second for granted. Hug your family. Tell them you love them. I love you Amerie jo. Watch over your baby brother for me."
Eva Mireles
A fourth-grade teacher, Eva Mireles, was also killed at the school, her aunt Lydia Martinez Delgado told CNN.
Delgado never imagined such a tragedy would hit her family, she told CNN affiliate KSAT.
"I'm furious that these shooting(s) continue," the aunt told KSAT. "These children are innocent. Rifles should not be easily available to all. This is ... my hometown, a small community of less than 20,000."
Mireles' had been an educator for 17 years. In her off time, she enjoyed running, hiking, biking and being with her family, according to her profile on the Uvalde Consolidated Independent School District's website.
Xavier Lopez
Just hours before he was killed, 10-year-old Xavier Lopez was lauded at Robb Elementary's honor roll ceremony, his mother, Felicha Martinez, told The Washington Post.
Martinez took a photo of her fourth-grader and told him she was proud of him and loved him. That was the last moment she was to share with her "mama's boy."
"He was funny, never serious and his smile," Felicha Martinez told the Post, her voice breaking. "That smile I will never forget. It would always cheer anyone up."
Just a few days shy of completing his last year of elementary school, Xavier was counting down to his official move up the academic ladder into Flores Middle School in Uvalde, his mother told the Post.
"He really couldn't wait to go to middle school," she said.
Uziyah Garcia
The family of 10-year-old Uziyah Garcia told CNN that their fourth-grader was among those killed at Robb Elementary.
Uziyah was "full of life," according to an uncle, Mitch Renfro. He loved video games and anything with wheels, and leaves behind two sisters.
"The sweetest little boy that I've ever known," Garcia's grandfather Manny Renfro told CNN affiliate KSAT. "I'm not just saying that because he was my grandkid."
Uziyah last visited his grandfather in San Angelo during his spring break. Renfro recalls tossing around a football with him and how quickly his grandson took to the sport.
"We started throwing the football together, and I was teaching him pass patterns. Such a fast little boy and he could catch a ball so good," Renfro said. "There were certain plays that I would call that he would remember and he would do it exactly like we practiced."
Jose Flores Jr.
Jose Flores Jr., 10, was also among those killed at Robb Elementary, his father Jose Flores Sr. told CNN.
Flores described the fourth grader as an amazing kid and big brother to his two siblings. Jose loved baseball and video games.
"He was always full of energy," Flores said. "Ready to play till the night."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. | https://www.albanyherald.com/news/what-we-know-about-the-victims-at-robb-elementary-school/article_c9b21c0d-96cd-5444-bbe9-b451663220cf.html | 2022-05-25T16:48:05Z |
Food safety expert shares tips on protecting school lunches from foodborne illnesses
(CNN) - Everyone knows healthy meals are important, but as students return to school and lunches are being packed, parents need to protect against foodborne illnesses.
Many times, lunchboxes sit around for hours at school before kids eat.
A healthy meal is well balanced with members of all the food groups, but even a good lunch can go bad if it’s not properly packed.
“These children’s lunches aren’t going to be in a refrigerator,” said Karen Hunter, a U.S. Department of Agriculture food safety expert. “They won’t be able to pull them out right before they eat.”
Hunter said two of the most important back-to-school items you can buy are an insulated lunchbox and something to keep your child’s lunch cold.
She also recommended having two cold sources packed.
“One of those can be a re-freezable gel pack that you can use every day. And a second option would be to freeze their juice box or water bottle and put that in in the morning,” she said. “And that way, by the time lunchtime comes around that beverage is ready to drink, but it’s also served the purpose of keeping those lunch contents below 40 degrees Fahrenheit.”
As you prepare lunches, keep hands and surfaces clean to avoid cross-contamination.
If you pack lunches the night before, it’s recommended to leave the tops open when you put them in the refrigerator to allow the cold air to circulate and then add gel packs in the morning.
Make sure your child doesn’t open the insulated bag before lunch when items need to stay cold, or after lunch to eat things they didn’t finish.
“For example, if you have a meat sandwich that was cold at lunchtime, it probably won’t still be cold and in that safe temperature range by the time after school comes around,” Hunter said.
The USDA said if parents aren’t sure whether their child’s food is cold enough, they should do a trial run on the weekend. They can pack the bag as if it’s for a school day, place an appliance thermometer into the lunchbox and check it at lunchtime
For more information on temperatures to keep different foods safe, you can also check out foodsafety.gov.
Copyright 2022 CNN Newsource. All rights reserved. | https://www.kxii.com/2022/08/19/food-safety-expert-shares-tips-protecting-school-lunches-foodborne-illnesses/ | 2022-08-19T15:56:53Z |
SHANGHAI, Sept. 1, 2022 /PRNewswire/ -- Montage Technology, a leading data processing and interconnect IC design company, today announced that it is delivering the world's first Gen1 DDR5 Clock Driver (CKD or DDR5CK01) samples to the top DRAM memory vendors for their development of memory modules used in new-generation desktop and notebook computers.
For a long time, the clock driver functions have been integrated onto the register clock driver (RCD) device, which is used in the server platforms, rather than the PC computers. With the boost of the DDR5 data rate, the frequency of the clock signal becomes higher and higher, and the signal integrity issue of the clock becomes more and more challenging. As the DDR5 data rate reaches 6400MT/s and above, the memory modules such as UDIMMs and SODIMMs used in desktop and notebook computers, will need an on-DIMM clock driver to buffer and re-drive the clock signal of the memory modules, to meet the signal integrity and reliability requirement of the high-speed clock signal.
With nearly 20 years of expertise and in-depth understanding of memory interface products, Montage Technology has been closely tracking the memory market trend and now becomes the leading vendor to roll out the world's first DDR5CK01 chip. The chip is used to buffer the clock signal coming from the CPU of desktop and notebook computers and then re-drive the output clocks to the DRAMs on the memory module. Compliant with the JEDEC DDR5CK01 standard, the DDR5CK01 chip supports data rate up to 6400MT/s and low-power management mode.
"We are very delighted to deliver our first DDR5CK01 engineering samples to the industry-leading DRAM vendors to support the development of the new-generation PC memory. Montage will continue to foster technology innovation to provide complete and premier memory interface solutions for memory vendors," said Mr. Stephen Tai, President at Montage Technology.
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SOURCE Montage Technology | https://www.wibw.com/prnewswire/2022/09/01/montage-technology-delivers-worlds-first-gen1-ddr5-clock-driver-engineering-samples/ | 2022-09-01T15:18:17Z |
LOS ANGELES, June 13, 2022 /PRNewswire/ -- Increasingly, when families, institutional trustees, professional fiduciaries and charitable beneficiaries find themselves embroiled in a will or trust dispute they turn to national probate litigation law firm RMO LLP, which announced that Super Lawyers recently recognized four of its standout attorneys in California and Texas as "Rising Stars" for their exemplary legal talent, including: Los Angeles Managing Partner Matthew Baker, San Diego Managing Partner David Greco, Houston Managing Attorney Andrea Uresti Barr, and Los Angeles Attorney Roshanne Katouzian.
To be featured in this selective list, which includes no more than 2.5 percent of the lawyers in each state, individuals are identified as the top, up-and-coming attorneys in each market who are either 40 years of age or under or who have been practicing law for ten or fewer years.
Matthew Baker is a Partner in and manages the firm's Los Angeles office. Baker's probate dispute practice focuses on representing beneficiaries and fiduciaries in contested trust, estate, probate and conservatorship litigation matters.
David Greco oversees the firm's San Diego office. Greco also chairs the firm's appellate practice. He represents beneficiaries, as well as professional and corporate fiduciaries – e.g. administrators, executors, trustees, conservators, and guardians – in contested trust, estate, and probate litigation matters, as well as related estate administration issues.
Andrea L. Uresti Barr manages the firm's Houston office. A seasoned probate litigator, Uresti-Barr's area of practice includes defending and prosecuting causes of action on behalf and against heirs, beneficiaries, fiduciaries, and creditors in probate, trust, guardianship, and power of attorney proceedings. She also handles contested estate, probate, and trust administrations.
Roshanne Katouzian is also based in the firm's Los Angeles office. She focuses her practice on representing beneficiaries, professional and corporate fiduciaries.
Selections are made by the research team at Super Lawyers, an affiliate of Thomson Reuters. The multi-phase selection process includes a statewide survey of lawyers, independent evaluation of candidates by the attorney-led research staff, and a peer review. For more information, visit superlawyers.com.
RMO LLP provides personal, cost-effective litigation services to individual and institutional clients. The firm's attorneys focus on litigation contested trust, estate, probate, and conservatorship matters. RMO has offices serving clients with probate disputes throughout California, Florida, Texas, Kansas and Missouri. For more information, please visit https://rmolawyers.com/.
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SOURCE RMO LLP | https://www.kxii.com/prnewswire/2022/06/13/four-california-texas-rmo-attorneys-named-rising-stars/ | 2022-06-13T18:31:31Z |
TUCSON, Ariz., July 29, 2022 /PRNewswire/ -- CBOA Financial, Inc. (OTCMKTS: CBOF) (the "Company"), parent company of Commerce Bank of Arizona (the "Bank" or "CBAZ"), announced that consolidated net income for quarter ending June 30, 2022 increased 19% to $747 thousand, from $650 thousand in the first quarter of this year.
"Despite headwinds related to record inflation levels, CBAZ continued its' overall robust operating performance in the second quarter", said Chris Webster, President and CEO. He stated further, "Record year-to-date pre-tax income of $1.89 million is reflective of the Bank's balance sheet reacting favorably to the Federal Reserve's recent policy of raising interest rates combined with the Bank's low and stable funding costs." Webster added, "We continue to closely monitor loan portfolio performance. Importantly, our customers are effectively managing ongoing supply chain issues and rising costs."
Second Quarter 2022 Highlights
- $42 million in new loans funded during the quarter
- Interest Income increased 9% compared to last quarter
- Interest expense decreased by 33% compared to Q2 2021
Operational Highlights
Net loan growth was $26.2 million for the first six months of the year. The Bank's Net Interest Margin increased to 4.02% for the second quarter. The Efficiency Ratio also improved to 71.6%. Year-over-year, non-performing assets which includes OREO are down 86% from $2 million or 0.57% of assets to $276 thousand or 0.08% of assets.
Balance Sheet
Total assets increased by 2.4% to $363.5 million during the quarter ended June 30, 2022, and increased 8.0% compared to $336.5 million a year ago.
Gross loans increased $19.4 million since first quarter 2022, ending the second quarter 2022 at $257 million. Total deposits increased by 2.8% to $327 million during the quarter and increased 9.1% compared to $300 million a year ago.
The Allowance for Loan Losses totaled $3.7 million at June 2022, or 1.44% of loans, unchanged from the previous quarter.
Shareholders' equity decreased to $26.6 million at June 30, 2022, from $27.0 million the preceding quarter due to an increase in unrealized losses on securities. At June 30, 2022, tangible book value was $2.79 per share compared to $2.89 per share at March 31, 2022 and $3.16 per share a year ago. The Bank's June, 2022 Tier 1 Leverage ratio was 9.62%, compared to 8.43% at June 30, 2021.
Capital Management
Capital ratios exceeded regulatory guidelines for a well-capitalized institution under Basel III and Dodd Frank Wall Street Reform requirements at June 30, 2022 as well as during the first quarter of 2022. Capital ratios are presented below.
About the Company
Commerce Bank of Arizona, established in 2002 in Tucson, Arizona, is a full-service community bank that caters to small-to mid-sized businesses and real estate professionals. CBAZ offers commercial clients with a variety of services ranging from U.S. Small Business Administration (SBA) financing solutions, construction loans, and commercial real estate loans. CBOA Financial, Inc. is a single-bank holding company and parent of the Bank. The Company is traded over-the-counter as CBOF. For additional information, please visit: www.commercebankaz.com.
Forward-looking Statements
This press release may include forward-looking statements about CBOA Financial, Inc. or Commerce Bank of Arizona. These statements involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Such risks and uncertainties include, but are not limited to, the following factors: competition, fluctuations in interest rates, dependency on key individuals, loan defaults, geographical concentration, litigation and changes in federal laws, regulations and interpretations thereof. All forward-looking statements included in this press release are based on information available at the time of the release, and CBOA Financial, Inc. and Commerce Bank of Arizona assume no obligation to update any forward-looking statement.
Contact:
Chris Webster
President & CEO
480-253-4511
cwebster@commercebankaz.com
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SOURCE Commerce Bank of Arizona | https://www.kxii.com/prnewswire/2022/07/29/cboa-financial-inc-reports-consolidated-earnings-747000-2q-2022/ | 2022-07-29T20:58:54Z |
HONG KONG, June 5, 2022 /PRNewswire/ -- Akeso, Inc. (9926.HK) ( "Akeso" ), a China-based biopharmaceutical company focusing on the development and commercialization of innovative therapeutic antibodies for Oncology & Immunology, released updated results of Cadonilimab (PD-1/CTLA-4 Bispecific, AK104) combined with platinum-based chemotherapy +/- bevacizumab for the first-line treatment of recurrent/metastatic cervical cancer (R/M CC). The findings were reported in an oral presentation at 2022 ASCO Annual Meeting.
Summary of the clinical results:
- At dose of 10mg/kg, regardless of CPS status, Cadonilimab combined with platinum-based chemotherapy +/- bevacizumab, the objective response rate (ORR) was 79.3%; in CPS≥1 and CPS<1 population, ORR was 82.4% and 75.0%, respectively. Progression-free survival (PFS) or overall survival (OS) data is not mature by the cut-off date.
- Among all evaluable patients treated with the 10 mg/kg dose, 41.4% of the patients were PD-L1-negative patients (CPS<1)
- The incidence of ≥3 grade TRAE of the trial was 60.0%.
As of April 18, 2022, the study evaluated the safety of all patients and the efficacy of patients who received at least one tumor evaluation. The results of Cadonilimab combined with platinum-based chemotherapy +/- bevacizumab continued the excellent performance of Cadonilimab monotherapy for second-or third-line R/M CC and demonstrating a promising therapeutic solution for all patients with advanced cervical cancer.
Based on the excellent efficacy and safety results of phase II study, Akeso is conducting a phase III study of Cadonilimab plus platinum-based chemotherapy +/- bevacizumab in first-line treatment for R/M cervical cancer. In September 2021, Akeso submitted NDA in China for Cadonilimab for the treatment of second-or third-line R/M CC under priority review. In addition, a phase III study of Cadonilimab plus concurrent chemoradiotherapy (CCRT) for locally advanced cervical cancer (LACC) is also ongoing.
Related Study
FDA has approved Pembrolizumab plus chemotherapy +/- bevacizumab for first-line treatment of persistent, recurrent or metastatic cervical cancer whose tumors express PD-L1 (CPS ≥1) as determined by an FDA-approved test (KEYNOTE-826 study). According to the KEYNOTE-826 study, in the Pembrolizumab arm, ORR was 65.9% in the all-comer population and 68.1% in the CPS≥1 population, the percentage of patients with CPS <1 was 11.4%, the incidence of ≥3 grade TRAE was 68.4%. In the placebo arm (placebo plus chemotherapy +/- bevacizumab), ORR was 50.2% in the CPS≥1 population.[1][2]
Reference
[1] Colombo N, Dubot C, Lorusso D, et al; KEYNOTE-826 Investigators. Pembrolizumab for Persistent, Recurrent, or Metastatic Cervical Cancer. N Engl J Med. 2021 Nov 11;385(20):1856-1867. doi: 10.1056/NEJMoa2112435.
[2] Disclaimer: the study mentioned above is for reference only. It doesn't necessarily represent the latest clinical study ongoing for the same indication, and it is not a head-to-head study derived from Cadonilimab clinical trial.
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SOURCE Akeso, Inc. | https://www.wibw.com/prnewswire/2022/06/06/akeso-announces-oral-presentation-featuring-promising-clinical-data-cadonilimab-pd-1ctla-4-bsabs-ak104-first-line-treatment-rm-cervical-cancer-asco-2022/ | 2022-06-06T01:20:35Z |
- NUWAVE to deploy Dubber as a standard optional feature on the NUWAVE iPILOT Platform for Microsoft Teams Calling
- Provides easy Dubber provisioning for selectable and valuable functionality available for all NUWAVE partners and customers
MELBOURNE, Australia, LONDON and DALLAS, Texas, July 25, 2022 /PRNewswire/ -- Dubber Corporation Limited (ASX: DUB) (Dubber) announced that it has signed a Foundation Partner agreement with Nuwave Communications, Inc. (NUWAVE). NUWAVE, based in Las Vegas, Nevada, is one of the fastest growing providers of Microsoft voice services in North America and a key player in the Microsoft Operator Connect calling program.
Dubber Unified Conversational Recording (UCR) and voice data services are now integrated into iPILOTTM and available to all NUWAVE clients from August 1.
Microsoft Teams has more than 270 million monthly active users, making it the world's fastest growing and most popular business communication suite. NUWAVE is a global communications and cloud platform as a service provider with a focus on simplification, automation, and innovation. They continue to provide many industry-first solutions which facilitate customer cloud communication adoption.
Steve McGovern, Dubber CEO: "NUWAVE is an outstanding partner that has 'cracked the code' with Microsoft Teams Voice services. They attack and remove complexity at every level, making it simple and easy for service providers and enterprises through iPILOT to quickly get the most out of their Microsoft Teams environments. They are an ideal partner for Dubber as we both work to enhance customer value and revenue for service providers in their Teams deployments."
"We are seeing continued momentum for our Foundation Partner model in which Dubber's unified conversational recording platform is embedded as standard, providing immediate and accretive revenue to both ourselves and our partners."
Mark Bunnell, NUWAVE COO: "We are excited to be partnering with Dubber. Dubber's unique scalability fits perfectly with our view of what cloud voice users, enterprises and service providers are demanding. By integrating Dubber into iPILOT, we're able to build on our iPILOT platform and provide service providers with extremely valuable, margin enhancing services that in return will help their customers extract even more value from their voice and video calls."
As a Foundation Partner, NUWAVE will provide partners and customers with the option to instantly provision access via iPILOT to Dubber's industry-leading conversational recording capabilities as an entry level solution at no cost to NUWAVE customers and partners.
NUWAVE and its partners can then choose to work with Dubber to introduce customers to richer and more comprehensive conversational recording and AI solutions to address a broad range of business needs by unlocking valuable information and insights from conversations across their voice and video calls.
Dubber supports differentiation and revenue opportunities for service providers that continue to scale their voice services to enterprise, SME and government customers on Microsoft Teams. Dubber's Unified Recording and Conversational Data and AI services enable compliance, training, customer service, dispute resolution and remote workforce enablement without the requirement for hardware or capital expenditure.
As a unique platform provider and carrier in Microsoft's Operator Connect Accelerator Program, NUWAVE has developed a powerful provisioning and "lifecycle" management cloud based platform for Microsoft voice users called iPILOT. The iPILOT platform allows carriers, cloud service providers and enterprise organizations to quickly and easily deploy Microsoft Teams Voice services including rapid migration, provisioning, capacity management, support, integration and analytics. It automates for both Direct Routing and Operator Connect capabilities while also providing support for carrier hosted SBCs (session border controllers), on-premises SIP trunks, and "bring your own Network" for carriers and operators.
About NUWAVE:
NUWAVE is a global communications and cloud platform as a service provider with a focus on simplification and innovation which continues to provide many industry-first solutions which facilitate customer cloud communication adoption. NUWAVE's iPILOT platform enables automation, provisioning, and analytics for cloud communications, and helps to improve upon the UC voice management experience. NUWAVE's iPILOT™ and SYNTHESIS™ platforms together can provide Carriers, CSPs or SIs with a turnkey, globally scalable solution to offer an industry leading Cloud Phone BYOC program for their partners and customers. To learn more about iPILOT™, SYNTHESIS™ and NUWAVE, please visit www.NUWAVE.com or www.iPilot.io.
About Dubber:
Dubber enables service providers to unlock the potential of the network - turning every conversation into an exponential source of value for differentiated innovation, retention, and revenue. Listed on the ASX, Dubber is the clear market leader in conversational intelligence and unified conversational recording - embedded at the heart of over 170 service provider networks and services and used daily by over 500,000 subscribers worldwide.
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SOURCE Dubber | https://www.mysuncoast.com/prnewswire/2022/07/25/dubber-launches-nuwaves-ipilot-platform-global-integration-with-microsoft-teams/ | 2022-07-25T23:18:11Z |
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