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LOS ANGELES, June 20, 2022 /PRNewswire/ -- Discovery Behavioral Health, Inc., an expanding network of evidence-based mental health, substance use and eating disorder treatment centers, has appointed Khelsea Walker as Chief Executive Officer of New Hope Ranch, a premiere substance use treatment center located in Manor, TX. in the Austin metro area.
Walker has extensive experience in clinical mental health, counseling and project management. Previously, she served as CEO of CommunityConnect, a social services organization in Memphis, and as Director of Operations for Acadia Healthcare, also in Memphis.
New Hope Ranch is a residential recovery center focused on prevention, assessment, treatment and reintegration for people struggling with substance use disorder. Located on a 49-acre ranch 15 minutes from downtown Austin, the center offers an array of treatment services including clinical and experimental & holistic therapies. It also offers specialized treatment programs for veterans and first responders.
Walker says she was inspired to pursue a career in behavioral health management by her own extended family's experience with mental illness and her awareness of the lack of accessible and affordable treatment options available in her community.
"I'm passionate about developing new policies and procedures that can make meaningful changes in people's lives. In pursuit of that goal I have worked with and been inspired by patients in a wide variety of settings from the military to youth centers, hospitals and prisons," she says.
Walker is a graduate of University of Tennessee at Chattanooga with a B.S. in psychology/business management. She then went on to pursue her Masters of Science at Freed Hardeman University in Clinical Mental Health Counseling.
"Khelsea's experience in behavioral health management, combined with her strong skills in administration, organization and communication, make her the right executive to lead New Hope Ranch in its next phase of development. It's my great pleasure to welcome her to the Discovery Behavioral Health family of brands," says John Peloquin, CEO and President of DBH.
About Discovery Behavioral Health
Everyone deserves a happy, rewarding life. That's why Discovery Behavioral Health has made evidence-based, outcome driven healthcare accessible and affordable since inception. With a full continuum of care – detoxification, medical residences, residential treatment centers, partial hospitalization, intensive outpatient, outpatient, psychiatric and addiction medicine, TMS, virtual and telehealth services, we can offer the right care at the right time for adults or teens struggling with mental health, substance use or eating disorders. We are a contracted provider with 100 payers and other managed care organizations. Our portfolio of more than 130 treatment centers includes service lines in successful operation since 1985. When treatment is complete, our patients become part of Discovery's growing family of alumni, connected through free aftercare programs, support groups, activities, and a caring community. Because when quality behavioral healthcare is within reach, so is happiness.
Press Contact:
Greg Ptacek
Communications
Discovery Behavioral Health, Inc.
323-841-8002 mobile
gPtacek@discoverybh.com
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https://www.mysuncoast.com/prnewswire/2022/06/20/discovery-behavioral-health-appoints-khelsea-walker-ceo-new-hope-ranch-treatment-center-austin/
| 2022-06-20T15:44:26Z
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The marine tech company taps Benjamin Johnson to scale the startup's engineering, development and integration processes
SAN DIEGO, June 21, 2022 /PRNewswire/ -- DockWorks, a cloud-based digital SaaS company helping marine services professionals future-proof and automate their businesses, has hired entrepreneur and technologist Benjamin Johnson to serve as the startup's new chief technology officer.
"Ben's experience and expertise as an operations manager and in cloud migration and application modernization is exactly what the DockWorks team needs to lead our development at this stage in our growth," said Jeremy Hermanns, co-founder and CEO of DockWorks. "Hiring Ben demonstrates our commitment to build a best-in-class platform that is scalable and resilient."
Johnson cofounded LegalInc Corporate Services where he helped develop an automated backend registered agent, compliance, and entity formation services software platform for legal service providers. LegalInc was eventually acquired by online legal tech giant, LegalZoom, and Johnson then spent another four years there as the director of software engineering.
"I love working with startups and enterprises to build world-class teams," Johnson said. "I was instantly intrigued with DockWorks' niche, but highly needed SaaS product. I am excited to help create a high-velocity process that will be enjoyable to both the business expansion and the development teams."
Johnson has an open-source programming background with hands-on skill in various tech stacks. He has created scaled engineering teams and led these teams through short-term performance improvements that lead to long term solutions.
"Ben is definitely going to be a force to lean on during the next phase of Dockworks' rapid growth and development," Hermanns said. "We can't wait to see how his guidance will help our platform improve in its value to our customers."
DockWorks has developed a full-service operations platform that enables marine service professionals to easily manage payments, scheduling, estimates, and maintenance records that assist the service technician while enhancing the vessel owner experience. The company has offices in San Diego, Calif. and in Wilmington, N.C. DockWorks' mission is to mobilize and modernize the marine services industry.
MEDIA CONTACT:
Heather Ripley
Ripley PR
865-977-1973
hripley@ripleypr.com
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https://www.wibw.com/prnewswire/2022/06/21/dockworks-names-new-cto-build-culture-continuous-innovation/
| 2022-06-21T12:06:57Z
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eCommerce multi-decade veteran brings extensive experience in product and digital leadership to support Mint House's innovation and growth trajectory
NEW YORK, May 19, 2022 /PRNewswire/ -- Mint House, the leading tech-enabled residential hospitality company, today announced that Maryssa Miller joins Mint House's executive team as Chief Product Officer. Miller joins Mint House from JetBlue Airways, where she served as Head of Digital and Customer Products responsible for all customer-facing digital products within the global company. As Chief Product Officer, Miller will be responsible for leading Mint House's product strategy and management, design and brand organizations.
Miller spent the last decade at JetBlue Airways in product and eCommerce leadership roles and oversaw JetBlue's digital innovation ecosystem including booking platforms, mobile apps, check-in kiosks and biometric boarding. Miller oversaw large teams of onshore and offshore development partners and the digital agency of record, in addition to JetBlue's in-house teams of product managers and designers. Prior to joining JetBlue, Miller was Vice President of eCommerce for Create the Group, providing digital consulting services for iconic consumer brands including David Yurman, Nars and Alexander Wang. Earlier in her career, Miller was Director of E-Commerce at Lacoste, building the first eCommerce site for the internationally recognized brand with P&L responsibility for the channel, as well as leading Lacoste's digital, social, search and email marketing functions.
"Maryssa brings multi-decade, extensive experience in digital and product leadership to Mint House," said Will Lucas, Mint House's Founder and CEO. "Hospitality is one of the least digitized industries in the economy and Maryssa's exceptional record building digital products and innovative experiences to delight consumers ideally positions Mint House to further extend its vast technology advantage over traditional hotels. Our recently closed Series B paves the way for Mint House to accelerate its product roadmap, and I know Maryssa's expertise will have tremendous impact as Mint House continues to rapidly scale."
Miller has served on industry advisory boards for Shop.org, Luxury Interactive and the Direct Marketing Association Echo Board of Governors. She was recognized as Brand Innovators' "40 Under 40" top brand marketers and is a frequent industry speaker. She has received numerous awards for her work including a Webby Award for Best Mobile App User Experience, a J.D. Power Award for Best Mobile App, a Clio for a JetBlue.com redesign, and a personal Industry Achievement Award.
"I am thrilled to join Mint House at this pivotal moment in the Company's growth and disruption of the hotel industry," said Miller. "At a time when travel demand is soaring back and new lodging needs emerge, it is a privilege to join Mint House's impressive leadership team in redefining residential hospitality."
Miller holds a bachelor's degree in Business Administration and Marketing from the State University of New York at Albany, and a Master of Science in Direct and Interactive Marketing from NYU, where she has served as an adjunct professor.
About Mint House
Mint House is transforming the traditional hotel model and pioneering a new category of hospitality— delivering tech-enabled and design-forward spaces that offer the amenities and conveniences of a home with the service, consistency and reliability of a high-end hotel. Mint House currently operates 23 properties in 14 markets, including Mint House at 70 Pine - New York, which was recently ranked the #1 hotel in the U.S. by TripAdvisor, and the #1-ranked four-star hotels in Miami, Nashville and Greenville on Booking.com. Mint House's award-winning properties are thoughtfully designed with full kitchens, expansive living areas and connected workspaces in prime downtown locations—offering a new kind of stay that's smarter and more comfortable than a traditional hotel and delivers on the personalized service and consistency travelers have come to expect. Mint House's proprietary tech stack and mobile-first model powers a seamless and feature-rich guest experience including mobile check-in and keyless entry, pre-stocked groceries, 24/7 digital concierge services, on-demand fitness, smart thermostats and shoppable spaces. For more information, visit minthouse.com and follow @staymint on Instagram.
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SOURCE Mint House
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https://www.mysuncoast.com/prnewswire/2022/05/19/mint-house-announces-maryssa-miller-chief-product-officer/
| 2022-05-19T14:05:50Z
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First-time C-section rates among US women on the rise
Published: Jul. 6, 2022 at 8:44 AM EDT|Updated: 55 minutes ago
(CNN) - First-time cesarean section rates among U.S. women are on the rise, according to the data the Centers for Disease Control and Prevention released on Wednesday.
Between 2016 and 2019, the first-time C-section delivery rate generally declined. But the data shows it increased by 1% in 2020 and 2% percent in 2021, reaching a rate of 22.4 %.
That’s the highest number reported since comparable national data on first-time C-sections specifically became available in 2016.
While the rate of first-time C-sections is climbing, the rate of repeat C-sections is falling.
It decreased every year between 2016 and 2021, resulting in a 2% total decline.
Copyright 2022 CNN Newsource. All rights reserved.
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https://www.mysuncoast.com/2022/07/06/first-time-c-section-rates-among-us-women-rise/
| 2022-07-06T13:39:52Z
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RALEIGH, N.C. , Sept. 1, 2022 /PRNewswire/ -- Kimley-Horn, a premier planning and design consultancy with offices across the country, was recognized today as one of People Magazine's "100 Companies That Care." This marks the second time the company has made the list—this year, the firm ranks 59.
"Kimley-Horn cares about our people, our clients, and the communities we serve," said Lori Hall, Director of Human Resources and Chair of The Kimley-Horn Foundation. "I am proud to be part of a company and a culture that embodies an "above and beyond" mindset, whether through The Kimley-Horn Foundation's charitable giving or the myriad ways our employees make an impact through their work and volunteerism."
Kimley-Horn was recognized for its culture of caring for its people, the communities in which they live and work, and the world at large. Kimley-Horn's KH My Way program awards employees with monetary bonuses throughout the year for childcare, travel, fitness, or other things they find valuable. Employees are also given "red envelopes" – spontaneous bonuses to help fight inflation or celebrate fun events. Additionally, The Kimley-Horn Foundation supports volunteering and public engagement by donating funds to organizations where employees volunteer and promoting stories about their community efforts.
Beyond bonuses and non-profit support, Kimley-Horn also supports a fulfilling environment for staff. Kimley-Horn offers a unique schedule with half-days on Fridays, as well as options for flexibility, alternate schedules, and reduced schedules to support employees in their various seasons of life. This flexibility, along with the company's commitment to a thriving workforce, has resulted in Kimley-Horn being ranked for years as a Great Place to Work® Best Workplace for Millennials, Parents, and Women as well as one of the FORTUNE® 100 Best Companies to Work For.
Kimley-Horn's recognition as one of the 2022 PEOPLE® Companies that Care highlights a workplace that champions employee-driven change impacting individuals, industries, and communities.
Kimley-Horn is a 6,800-person firm with more than 100 offices nationwide. It has been named 15 times as one of Fortune's 100 Best Companies to Work For and is ranked in the top 10 of 50 design firms in the nation by Engineering News-Record. Kimley-Horn provides planning and design consulting services related to transportation, aviation, the environment, land development, transit, urban planning/landscape architecture, and water resources. For more information, please visit www.kimley-horn.com.
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SOURCE Kimley-Horn and Associates, Inc.
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https://www.mysuncoast.com/prnewswire/2022/09/01/kimley-horn-named-one-people-magazines-100-companies-that-care/
| 2022-09-01T16:25:10Z
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OMAHA, Neb., April 11, 2022 /PRNewswire/ -- Union Pacific's famed Big Boy No. 4014 is set to return to the tracks this summer for its "West Coast Steam Tour." Kicking off June 26 from Cheyenne, Wyoming, this year's tour will celebrate Union Pacific's 160th anniversary, railroad heritage and the communities the railroad serves, visiting the Pacific Northwest for the first time since its return to service.
The Big Boy will be on display in four cities:
- July 6, 2022: Sparks, Nevada
- July 8-9, 2022: Roseville, California
- July 15-16, 2022: Portland, Oregon
- July 21-22, 2022: Boise, Idaho
Display days include locomotive viewing, access to the "Experience the Union Pacific Rail Car," a multi-media walk-through exhibition that provides a glimpse at the past while telling the story of modern-day railroading, and live Q&A with the Steam Crew.
Twenty-five Big Boy locomotives were built for Union Pacific to haul heavy freight during World War II and out of the eight still preserved, No. 4014 is the world's only functioning Big Boy. Weighing in at 1.1 million pounds, this is the second tour since the locomotive was restored for 2019's "Great Race" tours, which celebrated the 150th anniversary of the transcontinental railroad's completion, following a retirement that spanned six decades.
"The Big Boy was delivered to Union Pacific in December 1941 and helped carry the nation through World War II," said Scott Moore, senior vice president – Corporate Relations and chief administrative officer. "It now serves as a reminder of our history and how rail is the backbone of America. The tour last year brought out about 1.1 million people from the communities we serve, and we cannot wait to share Big Boy again this summer."
Big Boy No. 4014 will leave the Steam Shop in Cheyenne, Wyoming, June 26, making brief whistle-stops in dozens of communities in California, Idaho, Nevada, Oregon, Utah and Wyoming. Further details will be released in May.
A steam tracking map showing No. 4014's location and route will be available at upsteam.com.
ABOUT UNION PACIFIC
Union Pacific (NYSE: UNP) delivers the goods families and businesses use every day with safe, reliable and efficient service. Operating in 23 western states, the company connects its customers and communities to the global economy. Trains are the most environmentally responsible way to move freight, helping Union Pacific protect future generations. More information about Union Pacific is available at www.up.com.
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SOURCE Union Pacific Railroad
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https://www.wibw.com/prnewswire/2022/04/11/worlds-largest-steam-locomotive-big-boy-no-4014-returns-tracks-celebrate-160-years-union-pacific/
| 2022-04-11T15:41:20Z
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NEW YORK, April 11, 2022 /PRNewswire/ -- Sterling Publishing announced today the acquisition of Knock Knock, the gift and publishing company composed of two brands: Knock Knock, known for its smart, witty notepads, sticky notes, journals, decks and books; and Em & Friends, known for humor- and empathy-themed gifts and greeting cards. This acquisition adds to Sterling's existing publishing businesses, including Union Square & Co. and its affiliates Union Square Kids, Boxer Books, Puzzlewright and Sterling Ethos. Emily Meehan, Chief Creative Officer and Publisher, Union Square & Co. and affiliates, will oversee the Knock Knock business.
More than 600 backlist products and 150 frontlist projects will be added to the Union Square & Co. catalog as a result of the purchase. The deal was completed April 7, 2022 with the operations and distribution of Knock Knock titles remaining business as usual.
"We are honored to welcome the smart and inspired team at Knock Knock and Em & Friends, and to provide them with a new home where they can continue to thrive," says Meehan. "Their distinctive book, gift and paper products fit perfectly into categories we've earmarked for growth and will move our strategic vision forward."
"I launched Knock Knock in 2002 on a bit of a whim, and the growth, creativity and marketplace change we've experienced over the last twenty years has been exhilarating," says Jen Bilik, CEO and Founder of Knock Knock. "With a new home at Union Square & Co., I know that the combined crackerjack crew will continue to expand our two brands into the future."
Bilik and Emily McDowell, Founder of Em & Friends, will remain as creative consultants, reporting directly to Meehan. Also staying on from Knock Knock and reporting to Meehan will be Jim Papscoe, Vice President, Sales & Operations and Craig Hetzer, Vice President, Associate Publisher, both focusing on the day-to-day operations of the overall business.
Knock Knock was represented by Ardent Advisory Group, LLC, in this transaction.
ABOUT UNION SQUARE & CO. AND STERLING
Union Square & Co. is a talent-driven publisher whose mission is to promote excellence in contemporary publishing and to honor the vision of our creators by providing best-in-class production, editorial and design choices. Headquartered in New York City, Union Square & Co., LLC, is a subsidiary of Sterling Publishing Co., Inc., and includes imprints Puzzlewright Press, home to pencil-and-paper puzzles; and Sterling Ethos, home to magic- and mystic-driven books and products. For more information, visit unionsquareandco.com.
KNOCK KNOCK
Knock Knock was founded by Jen Bilik in 2002 with the mission of creating interesting, smart, well-designed gift and stationery products, pioneering a marketplace shift toward consumer goods with a point of view. In 2018, Knock Knock acquired Em & Friends, which celebrates the lives and relationships we actually have, and the two brands have since comprised the Who's There Group. For more information, visit knockknockstuff.com and emandfriends.com.
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https://www.mysuncoast.com/prnewswire/2022/04/11/sterling-publishing-acquires-knock-knock/
| 2022-04-11T19:22:30Z
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NEW YORK, Sept. 1, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Unity Software Inc. ("Unity" or the "Company") (NYSE: U) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Unity investors who were adversely affected by alleged securities fraud between March 5, 2021 and May 10, 2022. Follow the link below to get more information and be contacted by a member of our team:
U investors may also contact Joseph E. Levi, Esq. via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: (i) deficiencies in Unity's product platform reduced the accuracy of the Company's machine learning technology; (ii) the foregoing was likely to have a material negative impact on the Company's revenues; (iii) accordingly, Unity had overstated the Company's commercial and/or financial prospects for 2022; (iv) as a result, the Company was likely to have to reduce its fiscal 2022 guidance; and (v) as a result, the Company's public statements were materially false and misleading at all relevant times.
WHAT'S NEXT? If you suffered a loss in Unity during the relevant time frame, you have until September 6, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
jlevi@levikorsinsky.com
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
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https://www.wibw.com/prnewswire/2022/09/01/u-lawsuit-alert-levi-amp-korsinsky-notifies-unity-software-inc-investors-class-action-lawsuit-upcoming-deadline/
| 2022-09-01T10:42:50Z
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ANAHEIM, Calif. (AP) — When the last out of his first shutout in five years was secured, Michael Wacha pumped his fist and sought out catcher Christian Vázquez for a congratulatory embrace.
Wacha pitched a three-hitter and the streaking Boston Red Sox beat Los Angeles 1-0 on Monday night to hand the Angels their 12th straight defeat.
“Wins like this, yeah, Michael was the star, he was amazing for us,” Boston manager Alex Cora said. “But this was a total team effort. A 1-0 game, nine innings, nowadays you don’t see that. I’m just glad that I’m part of it.”
Vázquez hit an RBI single in the second as the Red Sox won their fifth in a row.
The Angels matched their longest slide in a single season, last done to end the 1988 schedule.
Los Angeles star Mike Trout had a first-inning single off Wacha to end an 0-for-26 drought, the longest hitless run of his career.
Wacha, who hadn’t worked into the eighth inning since 2018, threw 105 pitches for his second career complete game in 190 starts and first since a three-hit shutout for St. Louis at the New York Mets on July 18, 2017.
It was the first complete-game shutout by a Boston pitcher in three years. The veteran right-hander outdueled Noah Syndergaard, who went six strong innings for Los Angeles, and lowered his ERA to 1.99 in his first season with the Red Sox.
“You’ve got to have confidence in this game to get it done,” Wacha said. “I feel like with what my pitches are doing right now, and how it’s playing against certain hitters, I felt like if we can get early outs and get the strikeout whenever we need it, things like this can happen.”
The gem came in Wacha’s fourth start since returning from a stint on the injured list because of soreness in his left side.
“My last start, things were coming out how I was used to it and just continue to build off those previous starts after coming off the IL,” Wacha said. “That is what I was more satisfied with. Now continue to build off this one and take some stuff from here and work on it.”
Trout snapped his slump his first time up, but the Los Angeles offense mustered little else in the opener of a seven-game homestand.
“He’s arguably one of the best players, top three, and maybe the best by the end of time,” Angels manager Joe Maddon said about Trout. “And today he was taking (batting practice) at 12:30 against guys we had to bring in to throw to him. That tells you about the motivation.”
Wacha (4-1) issued one walk and had six strikeouts in his second scoreless outing against the Angels this season. The former Cardinals standout went 5 2/3 shutout innings against Los Angeles at home on May 3.
Syndergaard (4-4) gave up five hits with one walk and three strikeouts. The former New York Mets star also matched up against Wacha on May 3, giving up three runs on eight hits over seven innings while taking the loss.
The Angels appeared to be in business in the first inning, getting consecutive one-out singles from Shohei Ohtani and Trout. But then Ohtani was doubled off second base to end the threat after Jared Walsh lined out to first baseman Franchy Cordero.
“I obviously think we’re playing hard. We’re not winning games right now,” Maddon said. “But I’m not going to denigrate the effort by the guys.”
The Red Sox used Alex Verdugo’s speed to score in the second. Verdugo singled leading off the inning and was attempting to steal second with two outs when Vázquez singled toward the gap in left-center. Trout cut off the ball but Verdugo scored anyway ahead of the throw home.
Wacha threw a pair of 96 mph fastballs while striking out Ohtani in the sixth inning and a 94 mph fastball while striking out Jo Adell to end the eighth.
“Anytime (Ohtani) steps in the box, you’re on full awareness out there on the mound and you have to make really, really quality pitches to him,” Wacha said.
He completed the outing by getting Ohtani on a grounder to second base before greeting Vázquez near the first-base line.
“That was fun. It was awesome tonight,” Vázquez said. “A complete-game shutout is very special for everybody. That helps the team and the bullpen guys a lot more. We started the right way this series.”
HIDDEN FIGURES
Wacha tossed just the 10th complete game in the majors this season, fifth that was a shutout. Boston has three complete games, most for the Red Sox since throwing five in 2017. Nathan Eovaldi and Nick Pivetta pitched one apiece this season.
It was Boston’s first complete-game shutout since Chris Sale’s three-hitter at Kansas City on June 5, 2019. Wacha’s 105 pitches were his most since throwing 113 for the Cardinals against Colorado on Aug 25, 2019.
TRAINER’S ROOM
Red Sox: Sale remains on schedule to throw a bullpen Tuesday in Florida before facing hitters in batting practice Friday. … LHP James Paxton played catch after throwing from 120 feet over the weekend and is in line to throw off a mound by next week, according to Cora.
Angels: 3B Anthony Rendon (wrist), eligible to come off the injured list, fielded grounders before batting practice but there is no timetable for his return.
UP NEXT
Red Sox: RHP Garrett Whitlock (2-1, 3.02 ERA), who had a career-best nine strikeouts against the Angels on May 4, will start Tuesday in Anaheim.
Angels: Had not yet announced a starter for Tuesday.
___
More AP MLB: https://apnews.com/hub/mlb and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/wacha-throws-shutout-red-sox-win-1-0-as-angels-skid-at-12/
| 2022-06-08T02:48:09Z
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TORONTO (AP) — Wyndham Clark started the week with a late charge to play his way into the U.S. Open in a qualifier, and then he stayed hot Thursday in the RBC Canadian Open for a 7-under 63 to take the first-round lead.
Clark opened with five birdies in nine holes and kept bogeys off his card at St. George’s Golf and Country Club for the third round of his PGA Tour career at 63 or lower.
Matt Fitzpatrick was a stroke back, and Doug Ghim and Harold Varner III followed at 65.
Defending champion Rory McIlroy had six birdies in his round of 66 that left him tied with Tony Finau, Lee Hodges and Mackenzie Hughes, who would love nothing more than to become the first Canadian to win his national open since 1954.
McIlroy had to wait three years to defend his title because of the COVID-19 pandemic that canceled golf’s fourth-oldest championship the last two years. He closed with a 61 to win by seven shots at Hamilton.
“I felt like the course was there to go even lower just from the rain and how receptive it was,” McIlroy said. “Overall, very happy with the start of the week, especially coming off a disappointing weekend at the Memorial last weekend.”
Clark didn’t break par over the final three rounds at the Memorial, and he wasn’t looking good in his 36-hole qualifier on Monday. But then he put together five birdies in an 11-hole stretch that allowed him to get into the U.S. Open next week at The Country Club outside Boston.
“It’s nice to see some putts go in,” Clark said. “I haven’t shot a low one in a while. I’ve had a lot of couple under par, 3-, 4-under pars in my last few events, but really felt like I left a lot of shots out there. This round I maximized pretty much everything out there.”
Clark putted for birdie on all but one hole, and he holed an 8-foot par putt on No. 12 early in his round.
Fitzpatrick started and finished his round with a birdie, holing a 35-foot putt on the par-3 eighth hole for a 64.
“Really, really happy with the way I played today, just solid all around,” Fitzpatrick said. “Had a couple opportunities to chip it a little bit closer, but other than that, I’m being really picky. Everything in my game was going well.”
PGA champion Justin Thomas, who wanted to play the week before a major because it worked so well the last time, opened with a 69.
Sam Burns, coming off a victory two weeks ago at Colonial, opened with a 67 in the afternoon, and top-ranked Masters champion Scottie Scheffler had a 69. The Canadian Open has attracted five of the top 10 players in the world.
They were keenly aware of a rival tour going on across the Atlantic in England, the first of the LIV Golf Invitational series in which 17 players who are PGA Tour members have been declared ineligible for the rest of the season.
McIlroy said he still might watch some of the streaming because he’s a golf fan, he’s curious and he has some friends in the field. But he’s a little skeptical about the names assigned to the 12 teams at LIV Golf, such as Niblicks and Cleeks.
“Certainly not going out to buy any team merchandise any time soon,” McIlroy said.
___
More AP golf: https://apnews.com/hub/golf and https://twitter.com/AP_Sports
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https://cw33.com/sports/ap-sports/wyndham-clark-stays-hot-and-takes-early-lead-in-canada/
| 2022-06-10T14:30:25Z
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Olympian’s mother killed by stray bullet in her home
By DAVE COLLINS
Associated Press
The mother of a Puerto Rican Olympian has died after being struck by a stray bullet fired from the street at another person while she was in her Connecticut home over the weekend. That’s according to police and her daughter, Yarimar Mercado Martinez, a rifle shooter on the Puerto Rico Olympic team who competed in the summer Olympics last year and in 2016. Mabel Martinez was shot in the head Saturday afternoon in her home in Waterbury, Connecticut. She was 56. Police said a man who was walking outside, who was shot in the leg and survived, appeared to be the intended target. No arrests have been announced.
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https://localnews8.com/sports/ap-national-sports/2022/04/11/olympians-mother-killed-by-stray-bullet-in-her-home/
| 2022-04-11T23:42:02Z
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Grand jury declines to indict Emmett Till accuser
GREENWOOD, Miss. (AP) — A grand jury in Mississippi has declined to indict the white woman whose accusation set off the lynching of Black teenager Emmett Till nearly 70 years ago, despite revelations about an unserved arrest warrant and a newly revealed memoir by the woman, a prosecutor said Tuesday.
A Leflore County grand jury considered evidence and testimony regarding Carolyn Bryant Donham’s involvement in the kidnapping and death of Till, Leflore County District Attorney Dewayne Richardson said in a news release.
After hearing more than seven hours of testimony from investigators and witnesses, the grand jury determined that there was not sufficient evidence to indict Donham, Richardson said. Charges of both kidnaping and manslaughter were considered.
The news that the grand jury had declined to charge Donham makes it increasingly unlikely that she will ever be prosecuted for her role in the events that led to Till’s death.
A group searching the basement of the Leflore County Courthouse in June discovered the unserved arrest warrant charging Donham, then-husband Roy Bryant and brother-in-law J.W. Milam in Till’s abduction in 1955. While the men were arrested and acquitted on murder charges in Till’s subsequent slaying, Donham, 21 at the time and 87 now, was never taken into custody.
In an unpublished memoir obtained last month by The Associated Press, Donham said she was unaware of what would happen to the 14-year-old Till, who lived in Chicago and was visiting relatives in Mississippi when he was abducted, killed and tossed in a river. She accused him of making lewd comments and grabbing her while she worked alone at a family store in Money, Mississippi.
Donham said in the manuscript that the men brought Till to her in the middle of the night for identification but that she tried to help the youth by denying it was him. Despite being abducted at gunpoint from a family home by Roy Bryant and Milam, the 14-year-old identified himself to the men, she claimed.
Till’s battered, disfigured body was found days later in a river, where it was weighted down with a heavy metal fan. The decision by his mother, Mamie Till Mobley, to open Till’s casket for his funeral in Chicago demonstrated the horror of what had happened and added fuel to the civil rights movement.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/08/09/grand-jury-declined-indict-emmett-till-accuser/
| 2022-08-09T18:27:37Z
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Lasso to provide weekly Rx reporting for all campaigns at no additional charge.
AUSTIN, Texas, May 17, 2022 /PRNewswire/ -- Lasso (lassoplatform.io), the world's first and only omnichannel platform for healthcare marketing and analytics, today announced they are now offering weekly refreshed Rx reporting, with no minimum spend required and at zero additional cost. Lasso Vision™ makes real-world metrics available for all customers, and for all HCP and consumer campaigns run through its platform.
Since launching in 2019, Lasso has been a trailblazer for accessibility and transparency around data and platform costs and was one of the first to offer daily physician-level reporting (PLD) to its clients at no cost. Now, the company is once again defining a new healthcare marketing standard by offering Vision™, which ensures your marketing dollars are spent more intelligently, maximizing real-world behaviors on every campaign. This decision reflects the company's philosophy that every healthcare brand, regardless of size or budget, deserves to know whether their campaigns are actually driving desired business results.
The company's best-in-class methodology and identity resolution allow them to deterministically attribute real-world behaviors to media exposure with unprecedented speed and granularity. Rx reporting covers all prescriptions, procedures, and clinical activity attributed to HCPs and consumers exposed to media, so insights are specific to the brand's campaign reach rather than at the broader market level.
Effective immediately, all Lasso clients are now able to leverage prescription level insights and real-world data to optimize their Lasso campaigns in-flight, at no additional cost. Lasso Vision™ automatically refreshes weekly, allowing marketers to report on the full impact of every dollar with:
- All transactions (TRx)
- New transactions (NRx)
- New Patients and New Prescribers activity
These metrics can be broken down by ad group and are available for custom time frames.
"Transparency and intelligence are core tenets of Lasso, and having detailed real-world insights should be table stakes for any healthcare marketer," said Greg Field, CEO of Lasso, "Democratizing key performance metrics for all campaigns with Lasso Vision is our most recent move to create a new standard of excellence for healthcare marketing. We believe no brand or marketer should have to pay more to understand whether or not their campaigns are working. With Lasso, they won't have to."
About Lasso
Lasso is the world's first and only omnichannel healthcare marketing and analytics platform that allows you to plan, activate, and measure your HCP and DTC campaigns across programmatic, endemic, social, email, and connected TV — all in one place. Lasso has offices in New York, NY, and Austin, TX. Visit us at lassoplatform.io to learn more.
CONTACT:
Yilan Yang
yilan@lassomarketing.io
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https://www.kxii.com/prnewswire/2022/05/17/lasso-democratizes-campaign-measurement-with-lasso-vision/
| 2022-05-17T11:49:30Z
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Gov. encourages communities to celebrate National Community Development Week
TOPEKA, Kan. (WIBW) - Governor Laura Kelly has encouraged Kansas communities to celebrate National Community Development Week.
Kansas Governor Laura Kelly says she has proclaimed the week of April 11 as National Community Development Week in Kansas. She said the week will celebrate the crucial value community development programs and resources bring to the Sunflower State.
“Community development efforts are essential in supporting the Kansas economy, quality of life initiatives and growth of Kansas communities,” Gov. Kelly said. “Our programs, partnerships, and support help build thriving communities and we are thrilled to celebrate community development success across our state.”
Kelly noted that the Community Development Division at the Kansas Department of Commerce was reestablished in 2019. She said the division is dedicated to the development of strong and vibrant communities across the state.
“Our Community Development team focuses on programs that create opportunities to expand, invest and bring businesses to Kansas,” said Lieutenant Governor and Commerce Secretary David Toland. “Businesses and residents choose to put down roots in vibrant communities, with a high quality of life. By continuing to support community development efforts across our state, we can help set the stage for growth and prosperity that benefits Kansans for generations to come.”
Kelly said the Community Development programs include the following:
- Community Development Block Grant - annual competitive grants given to cities and counties to improve communities through housing rehabilitation, infrastructure improvements, and community facility upgrades. Between 2019 and 2022 over $52 million was awarded to 160 communities. In addition, the program awarded over $18 million in COVID relief funds to 147 communities which helped 1,313 small businesses and retained 5,300 jobs statewide.
- Kansas Main Street - focused on the revitalization and preservation of downtown districts developed to enhance a community’s culture. Since 2019, the program has added 10 designated communities to the program, which has brought the total number of designated communities to 35. The program has provided almost $650,000 to support building rehabilitation, upper-floor housing, connecting arts to downtown districts, and entrepreneurial development.
- Kansas Creative Arts Industries Commission - dedicated to promoting, supporting and expanding creative industries and enriching communities through arts and culture. Since 2019, 175 grants have been awarded totaling $1,250,065. Additionally, the program has dispersed about $1.9 million in COVID relief funds to 154 grantees to provide operational support during the pandemic.
- Community Service Tax Credit Program - provides chances for private, non-profit organizations and public health care entities to improve their ability to undertake major capital campaigns for projects involving children and family services, crime prevention, youth apprenticeship, youth technical training and health care. Since 2019, 68 nonprofits across 53 counties have been awarded over $11 million in tax credits.
- Rural Opportunity Zones - provides student loan repayment for new residents moving to one of the 95 ROZ eligible counties, cities and employers to enhance their workforce and recruit new residents through sponsorships and student loan repayment assistance.
“National Community Development week celebrates the impact of community development resources, emphasizing the opportunities to invest in Kansas communities and contribute to the economic growth of our state,” said Community Development Division Director, Kayla Savage. “Community Development offers a range of programs and services for individuals and communities to improve infrastructure and housing, revitalize downtown corridors, enrich and enhance quality of life, and support economic development.”
The Governor has encouraged Kansas communities to celebrate National Community Development Week by sharing their local community development projects on social media.
Copyright 2022 WIBW. All rights reserved.
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https://www.wibw.com/2022/04/11/gov-encourages-communities-celebrate-national-community-development-week/
| 2022-04-11T20:06:19Z
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Lone Star PACE, assisting with low-cost financing for qualified energy and water efficiency upgrades, named program administrator for Collin County C-PACE program.
COLLIN COUNTY, Texas, June 14, 2022 /PRNewswire/ -- Frisco-based registered municipal advisory firm Lone Star PACE was selected by Collin County Commissioners Court as the Program Administrator for the Commercial Property Assessed Clean Energy (C-PACE) program. C-PACE provides long-term, attractive financing for energy and water efficiency upgrades that are secured by a voluntary assessment on the property.
Enacted in 2013, the Texas PACE Act was established to encourage private sector investment in energy and water efficiency improvements to commercial properties. Serving as the Collin County C-PACE administrator, Lone Star PACE will ensure adherence to program requirements of the county and the PACE Act.
"Forward-thinking Texas developers and commercial property owners are recognizing the economic benefits provided by the attractive financing earmarked specifically for energy efficiency / renewable energy projects, especially with the push for environmental, societal, and governance (ESG) initiatives," said Lone Star PACE COO Glenn Silva.
He goes on, "Our primary goal is to provide education to various stakeholders—commercial property owners, contractors, economic development corporations, and chambers of commerce—on the how PACE makes a positive impact on sustainability, property values, and economic development."
C-PACE financing is secured to the property, not the owner's private credit, providing truly non-recourse and very attractive financing to commercial property owners. The private C-PACE capital provider (not the municipality) handles billing. There is no cost, liability, or additional administration burden to Collin County or the taxpayers.
Silva concludes, "Lone Star PACE looks forward to serving local businesses and contributing to the economic development of Collin County."
For more information about the Collin County C-PACE program or if you have questions regarding a specific project, contact Lone Star PACE.
About Lone Star PACE
Lone Star PACE is a private company based in Frisco, Texas that provides C-PACE—Commercial Property Assessed Clean Energy administration—a financing solution to fund energy and water efficiency upgrades to commercial properties. The registered municipal advisory firm serves as an authorized representative on behalf of its municipal clients to provide program administration, facilitating energy efficiency, water conservation, and renewable energy upgrades to local communities. Cities and counties, commercial property owners, capital providers, and contractors can learn more at lonestarpace.com.
Contact:
Glenn Silva
214-256-3209
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https://www.mysuncoast.com/prnewswire/2022/06/14/lone-star-pace-named-c-pace-administrator-collin-county/
| 2022-06-14T22:33:59Z
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WASHINGTON, July 14, 2022 /PRNewswire/ -- On July 13, 2022, the Philos Project, In Defense of Christians, the American Sephardi Federation, and the Mimouna Association met with Members of Congress on Capitol Hill to present the Abraham's Missing Child initiative.
Congressional offices represented included Representatives Lisa McClain (R-MI), David Valadao (R-CA), Grace Meng (D-NY), Daniel Webster (R-FL), and Cathy McMorris Rodgers (R-WA), an inaugural co-chair of the bicameral, bipartisan congressional Abraham Accords Caucus.
The Abraham Accords, initiated in 2020, charted a new course in the history of Arab-Israeli relations, with the United Arab Emirates, Bahrain, Sudan, and Morocco agreeing to fully recognize and normalize diplomatic relations with the State of Israel.
The Abraham's Missing Child initiative was launched by the Philos Project in May 2022, in cooperation with partner organizations, including In Defense of Christians, the American Sephardi Federation, the Hellenic American Leadership Council, and the Iraqi Christian Relief Council and Sharaka, to ensure the Near East's ancient Christian communities are represented in a rapidly changing and dynamic Middle East. Recent strategic developments and diplomatic progress have created unprecedented opportunities for regional peace, physical security, and economic prosperity. The Abraham's Missing Child initiative seeks to make space for the Near East's endangered Christian communities to join their Muslim and Jewish neighbors in contributing to, and benefitting from, this sustained peace and prosperity.
"The Abraham Accords marked an incredible first step towards securing peace in the Middle East. But we must ensure Christians in the region are not forgotten in the process," said Congresswoman Lisa McClain, adding, "I applaud the Philos Project, and their partners, for their work on this critical issue, and I look forward to working with my colleagues in Congress to help turn this initiative into a reality."
According to Richard Ghazal, Executive Director of In Defense of Christians, "Our task is to seize on the positive momentum started by the Abraham Accords and guide it for the good of the entire region—including the ancient and endangered Christian communities—to secure a sustainable peace in the Middle East."
Jason Guberman, Executive Director of the American Sephardi Federation, shared, "We are grateful for the support of so many members of Congress who prioritize the value of pluralism. When cities like Alexandria, Baghdad, and Constantinople were home to a mixed multitude of Jews, Christians, and other minorities, the region was at its most peaceful and prosperous. Ensuring that Christians have a seat at the Abraham Accords' table is essential to returning the region to economic, social, and spiritual success."
"The Philos Project is grateful to the Members of Congress and their staffs who met with the Abraham's Missing Child coalition. The trend toward peace among the Abrahamic peoples will lead to greater regional stability and economic opportunity in the years to come," said Andrew Doran, Senior Research Fellow at the Philos Project.
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https://www.wibw.com/prnewswire/2022/07/14/philos-project-partner-organizations-introduce-abrahams-missing-child-initiative-bipartisan-members-congress/
| 2022-07-14T22:11:03Z
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Community-based subscription platform saw a record number of new members, paid supporters, and value of transactions in the second quarter of 2022
LONGBOAT KEY, Fla., Aug. 17, 2022 /PRNewswire/ -- Today, Rumble's community-based subscription platform, Locals, announced that its key performance metrics set new records in the second quarter of 2022.
Compared to the second quarter of 2021, Locals saw its number of unpaid members grow by nearly 150 percent and its number of paid supporters grew by 106 percent. The total value of all transactions on the platform in the second quarter exceeded $7.5 million, more than 400 percent of the value of transactions on the platform during the same period last year.
"Our explosive growth comes from the shift we are seeing in the media ecosystem where independent creators are starting to build their brand outside of traditional networks. Our merger with Rumble is also helping our creators to reach a larger audience and grow their communities," said Assaf Lev, President of Locals.
A significant portion of the Locals growth can be attributed to the successful ongoing integration between Rumble and Locals and the deployment of the Content+ feature, which allows creators to sell access to movies and other content on an individual basis.
Locals merged with Rumble, a high-growth neutral video platform, in October 2021. Rumble is creating the rails and independent infrastructure designed to be immune to cancel culture. Rumble's mission is to restore the Internet to its roots by making it free and open once again. Additionally, the company announced in December 2021 the execution of a definitive business combination agreement with CF Acquisition Corp. VI (NASDAQ: CFVI). See the announcement here: https://corp.rumble.com
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SOURCE Rumble
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https://www.kxii.com/prnewswire/2022/08/17/rumbles-subscription-product-locals-smashes-records-amp-exceeds-75-million-transaction-value-q2/
| 2022-08-17T13:01:29Z
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WASHINGTON (AP) — The Centers for Disease Control and Preventionannounced Friday that it is ending a policy that limited asylum at the U.S.-Mexico border to prevent the spread of COVID-19.
The use of public health powers had been widely criticized by Democrats and immigration advocates as an excuse for the United States to shirk its obligations to provide haven to people fleeing persecution. The policy went into effect under President Donald Trump in March 2020. Since then, migrants trying to enter the U.S. have been expelled more than 1.7 million times.
The policy, known as the Title 42 authority, named for a 1944 public health law to prevent communicable disease, will end on paper, but it will not take effect until May 23, to allow border officials time to prepare. The Associated Press first reported the change earlier this week.
The policy was increasingly hard to justify scientifically as restrictions ended across the U.S.
The federal order says efforts by the Department of Homeland Security to provide vaccines to migrants at the border will step up in the next two months.
“After considering current public health conditions and an increased availability of tools to fight COVID-19 (such as highly effective vaccines and therapeutics), the CDC director has determined that an order suspending the right to introduce migrants into the United States is no longer necessary,” the CDC said in a statement.
The decision is expected to draw more migrants to the U.S.-Mexico border.Even before it was officially announced, more than a dozen migrants excitedly ran out of their dormitory at the Good Samaritan shelter in Ciudad Juarez, Mexico, asking about it.
DHS said this week that about 7,100 migrants were coming daily, compared with an average of about 5,900 a day in February — on pace to match or exceed highs from last year, 2019 and other peak periods. But border officials said they are planning for as many as 18,000 arrivals daily, and that seems certain to cause challenges for border-region Democrats in tight reelection races — with some warning that the Biden administration is unprepared to handle the situation.
Homeland Security said it created a Southwest Border Coordinating Center to respond to any sharp increases, with MaryAnn Tierney, a regional director of the Federal Emergency Management Agency, as interim leader and a Border Patrol official as deputy.
Officials also are working on additional ground and air transportation options and tents to house the expected influx, and the Border Patrol has already hired on civilians.
Instead of conducting patrols and uncovering smuggling activity, its agents spend about 40% of their time caring for people already in custody and administrative tasks that are unrelated to border security.
The agency hoped to free up agents to go back into the field by hiring civilians for jobs such as making sure that microwaved burritos are served properly, checking holding cells and the time-consuming work of collecting information for immigration court papers.
Still, administration officials acknowledged the fixes are only temporary measures.
“The Biden-Harris administration is committed to pursuing every avenue within our authority to secure our borders, enforce our laws, and stay true to our values,” said Homeland Security Secretary Alejandro Mayorkas. “Yet a long-term solution can only come from comprehensive legislation that brings lasting reform to a fundamentally broken system.”
The limits went into place in March 2020 under the Trump administration as coronavirus cases soared. While officials said at the time that it was a way to keep COVID-19 out of the United States, there always has been criticism that the restrictions were used as an excuse to seal the border to migrants unwanted by then-President Donald Trump. It was perhaps the broadest of Trump’s actions to restrict crossings and crack down on migrants.
CDC officials lifted part of the order last month, ending the limits for children traveling to the border alone. In August, U.S. border authorities began testing children traveling alone in their busiest areas: Positives fell to 6% in the first week of March from a high of nearly 20% in early February.
Asylum limits have been applied unevenly by nationality, depending largely on costs and diplomatic relations with home countries. Many migrants have been spared from Cuba, Venezuela, Nicaragua and, more recently, Ukraine. Homeland Security officials wrote border authorities this month that Ukrainians may be exempt, saying Russia’s invasion “created a humanitarian crisis.”
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https://cw33.com/news/politics/ap-politics/covid-19-asylum-limits-at-us-mexico-border-to-end-may-23/
| 2022-04-01T19:19:11Z
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TOKYO (AP) — Shares fell in most Asian markets on Monday as interest rate hikes and a slowing Chinese economy weighed on investor sentiment.
Oil prices were higher and U.S. futures fell following sharp declines on Wall Street last week.
Benchmarks declined across the region. Jakarta’s benchmark fell 4%.
Market players were awaiting Chinese trade data for April for an indication on how severely restrictions to curb the spread of COVID-19 infections have hurt the economy.
“The global investment community is slowly waking up to the idea we have touted for a long time: That there is a post-COVID-recovery-euphoria ‘hangover,’ coupled with associated inflation and now a European war and fresh inflation impetus as well as the world’s biggest port being closed,” said Clifford Bennett, Chief Economist at ACY Securities.
Japan’s benchmark Nikkei 225 lost 2.2% in morning trading to 26,410.30. South Korea’s Kospi dipped 0.9% to 2,621.24. Australia’s S&P/ASX 200 dropped 1.3% to 7,110.50. The Shanghai Composite was little changed, falling less than 0.1% to 3,001.62. Markets were closed in Hong Kong for a national holiday.
Investors are watching for the outcome of the presidential election in the Philippines, although it remains unclear how economic policies might change. The son of long-ago overthrown Philippine dictator Ferdinand Marcos is the top contender in Monday’s vote, based on most voter-preference surveys.
Apart from concerns about inflation and coronavirus restrictions, the war in Ukraine is still a major cause for uncertainty. More than 60 people were feared dead after a Russian bomb flattened a school being used as a shelter, Ukrainian officials said. Moscow’s forces pressed their attack on defenders inside Mariupol’s steel plant in an apparent race to capture the city ahead of Russia’s Victory Day holiday Monday.
“Russia’s Victory Day today will also bring geopolitical risks back into the limelight as well. President Putin is likely to reiterate his justification for the Ukraine war but markets may be watching for any further efforts to ramp-up military operations to secure the war,” said Yeap Jun Rong, market strategist at IG in Singapore.
Shares closed lower on Wall Street on Friday with the market’s fifth straight weekly decline. Worries are simmering the that despite strong U.S. employment trends, the Federal Reserve’s efforts to tame inflation by raising interest rates may send the American economy into a recession.
The increase Wednesday in the Fed’s key short-term rate raised it by 0.5 percentage points to a range of 0.75% to 1%, the highest level since the pandemic struck two years ago.
The S&P 500 fell 0.6% to 4,123.34. The Dow dropped 0.3% to 32,899.37. The Nasdaq gave up 1.4% to 12,144.66. Smaller companies fell more than the broader market. The Russel 2000 slid 1.7% to 1,839.56.
The Fed is hoping to raise rates and slow the economy enough to snuff out the highest inflation in four decades, but it risks choking off growth if it goes too far or too quickly. Fed chair Jerome Powell has reassured investors by saying the central bank was not “actively considering” an even bigger jump of 0.75 percentage points at its next meeting.
In energy trading, benchmark U.S. crude gained 43 cents to $110.20 a barrel in electronic trading on the New York Mercantile Exchange. Brent crude, the basis for pricing oil for international trading, rose 77 cents to $113.16 a barrel.
In currency trading, the U.S. dollar rose to 130.98 Japanese yen from 130.55 yen. The euro cost $1.0510, down from $1.0545.
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https://cw33.com/business/ap-business/asian-shares-mostly-fall-as-rate-hikes-china-slowdown-loom/
| 2022-05-09T07:15:59Z
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BETHESDA, Md., July 13, 2022 /PRNewswire/ -- DiamondRock Hospitality Company (the "Company") (NYSE: DRH) today announced the appointment of Justin Leonard as Executive Vice President and Chief Operating Officer effective July 18, 2022. Mr. Leonard will assume leadership responsibility of asset management and serve on the Company's executive committee, reporting directly to Mark W. Brugger, President & Chief Executive Officer.
Prior to joining DiamondRock, Mr. Leonard was at Walton Street Capital, LLC for 20 years, most recently as a Senior Principal where he was responsible for the oversight and asset management of the firm's hotel investments since 2007. During his tenure, he directed the asset management of 60 branded and independent hotels totaling over 20,000 rooms.
Mr. Brugger stated, "We are excited to welcome an executive of Justin's caliber to our team. His depth of operating knowledge and experience driving value allow him to make an immediate impact. DiamondRock is well-positioned to be the top performer in the lodging sector for years to come."
Mr. Leonard holds a B.B.A. in Real Estate from the University of Wisconsin-Madison.
About the Company
DiamondRock Hospitality Company is a self-advised real estate investment trust (REIT) that is an owner of a leading portfolio of geographically diversified hotels concentrated in leisure destinations and top gateway markets. The Company currently owns 34 premium quality hotels with over 9,500 rooms. The Company has strategically positioned its hotels to be operated both under leading global brand families as well as unique boutique hotels in the lifestyle segment. For further information on the Company and its portfolio, please visit DiamondRock Hospitality Company's website at www.drhc.com.
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https://www.wibw.com/prnewswire/2022/07/13/diamondrock-hospitality-appoints-justin-leonard-executive-vice-president-chief-operating-officer/
| 2022-07-13T14:03:25Z
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CORREGGIO, Italy, June 27, 2022 /PRNewswire/ -- The Italian cured meat producer Veroni continues to grow in the US market – With a 23.7% increase in 2021 revenues, the company has been ranked among the top 20 players in the US luncheon meat segment, becoming the first brand for Italian charcuterie. The first-quarter 2022 results show a further acceleration with a 30% rise in revenue compared to Q1 2021.
"The results we have achieved in the US since we opened our slicing facility in Logan, NJ in 2016 have exceeded our expectations," says Marco Veroni, president of Veroni USA. "We have entered the market with a clear objective: offering American consumers the opportunity to enjoy the authentic taste of Italian charcuterie by importing our product directly from our facilities located in the Emilia-Romagna region. It may sound like a brave choice, but it proved to be the right one. US consumers are discovering the pleasure to eat Italian food and are more and more open to purchase products that stand out for quality, flavor, and taste. Through our charcuterie, we bring in the USA 'a slice' of genuine Italian gastronomic tradition."
With a consolidated turnover of EUR 140 million (USD 150 million) and an established brand presence across European countries, Veroni aims to further expand the business in the US. To increase its brand awareness, the company has planned investments in marketing and communications. These include advertising campaigns on online food-centered magazines such as Taste of Home and Food & Wine, and on radio such as iHeart's Z100, as well as sponsorships of sports events like the Miami Open.
"We want US consumers to have the opportunity to taste the difference of our products, and large events like tennis tournaments are the right place to meet and connect with our target," says Emanuela Bigi, marketing manager of Veroni. "After our first experience as a sponsor at the Miami Open, we have already been working on the next events such as the Citi Open in Washington, the Western & Southern Open in Cincinnati, and the Food Network New York City Wine & Food Festival presented by Capital One, which will take place over the second half of 2022."
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https://www.kxii.com/prnewswire/2022/06/27/veroni-becomes-first-brand-italian-charcuterie-us/
| 2022-06-27T14:44:35Z
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Astrophysicist, Neil deGrasse Tyson, in collaboration with StarTalk, brings kids on a coding journey through space in a newly introduced curriculum from the virtual learning platform
SAN FRANCISCO, Aug. 23, 2022 /PRNewswire/ -- BYJU'S, the world's largest education technology company, today announced AfterSchool with Neil deGrasse Tyson, a newly developed virtual course offering that takes students on a computer coding journey through space. Presented by Neil deGrasse Tyson in collaboration with StarTalk, BYJU'S has developed a unique curriculum in which children will explore the mysteries of the universe and learn to apply the basics of coding through interactive gaming applications.
"I was delighted to be asked to help develop astronomical content from scratch," said Tyson. "It's important to nurture free-range kids by creating a free-range place for them to explore, discover, be curious, and ask crazy questions. Why? Because that's how kids learn."
The AfterSchool program is led by live BYJU'S instructors with customized videos introduced by Neil deGrasse Tyson who will guide students of varying coding skills through four different adventures from intermediate to advanced. Specifically created for kids ages 8-12, the goal of the program is to inspire students to expand their knowledge of space, tap into their creativity and build critical thinking skills in either a 1:1 or a 1:4 group virtual setting.
Students will learn how to code across a diverse range of topics and interests through AfterSchool, which offers up to 48 coding sessions. From journeying to Mars through interactive games to building animations and apps that depict exoplanets, the program aims to help students develop or enhance their coding skills while immersing themselves in a topic they're interested in, like space. The full list of courses, offered at both intermediate and advanced levels, includes:
- Asteroid Travel – Students will help a spacecraft avoid the asteroids coming their way on a mission to Jupiter.
- Black Hole Escape – Kids will learn the concept of a black hole, how to create a simulation to demonstrate the concept of a black hole, and more.
- Exoplanet Explorer – Children can learn about exoplanets in space and develop an exoplanet explorer app by applying the learnings from the previous classes.
- Mars Traveler – Kids will learn about the journey to Mars and develop their first mobile application that performs mathematical calculations regarding the journey.
"The AfterSchool coding program was inspired by a common trend we noticed amongst our students worldwide," said Sajid Shariff, Global Head of Growth for BYJU'S. "Regardless of culture, location, or background, kids are fascinated by and interested in space. With the help of this generation's most passionate cosmic storyteller, Neil deGrasse Tyson, we are thrilled to deliver a curriculum for kids around the world that blends a love of space with the ability to learn how to code."
AfterSchool packages are now available and start at $289 for one-on-one learning and $159 for group classes. For more information on BYJU'S and StarTalk's AfterSchool with Neil deGrasse Tyson programming, including pricing options, visit the website. For a preview of AfterSchool with Neil deGrasse Tyson and BYJU'S click here.
The AfterSchool Program is BYJU'S latest collaboration with Neil deGrasse Tyson following the launch of its first virtual BYJU'S Summer Camp this past summer. The camp featured dynamic workshops and unique events that connected students globally with leading experts in the fields of STEM, arts, gaming, cuisine, and more including Neil deGrasse Tyson, Sophia the Robot, and Chef Logan Guleff, among others. Learn more about the Summer Camp here.
BYJU'S, the world's largest education technology company, provides engaging and personalized learning programs to more than 150 million students around the world. Founded and headquartered in India, BYJU'S mission is to make high-quality and innovative education available to all students. The BYJU'S family of brands cater to a wide range of learners of all ages and includes BYJU'S FutureSchool, Epic, Osmo, Tynker, and the BYJU'S Learning App featuring Disney. With users in more than 100 countries and learning programs offered in multiple languages, BYJU'S is at the forefront of creating tech-driven and immersive learning experiences for students around the world. For more information, visit www.byjus.com/global.
Created in 2009, StarTalk bridges the intersection between science, pop culture, and comedy led by famed astrophysicist and host, Neil deGrasse Tyson, alongside his comedic co-hosts, and expert guests. Through its various programming, StarTalk explores captivating subjects such as space travel, the role science plays in our lives, the future of our Earth and the environment, and breaking news from the universe. Whether on YouTube or your audio platform of choice, you can tune into StarTalk's latest programming multiple times per week.
BYJU'S Media Contact
Catherine McNally
PR Director, North America
catherine.mcnally@byjusfutureschool.com
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SOURCE BYJU’S
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https://www.mysuncoast.com/prnewswire/2022/08/23/byjus-announces-afterschool-an-out-of-this-world-computer-coding-course-with-neil-degrasse-tyson/
| 2022-08-23T14:40:44Z
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IRVINE, Calif., July 21, 2022 /PRNewswire/ -- Animal Dermatology Group, Inc. ("ADG"), the largest veterinary dermatology specialty business in the U.S., today announced that Dr. Julia Miller has joined ADG's Kentucky practice at its new facility, Animal Dermatology Clinic – Louisville.
Prior to joining ADG, Dr. Miller was the Assistant Clinical Professor in Dermatology at the Cornell University College of Veterinary Medicine. She received her veterinary medicine degree as well as completed her dermatology residency at Cornell and achieved diplomate status with the American College of Veterinary Dermatology in 2019. Dr. Miller was honored with the New York State Veterinary Conference Speaker of the Year in 2018, the Zoetis Distinguished Teacher Award in 2021 and has contributed significantly to published research in the fields of veterinary dermatology and equine medicine.
"I'm excited to return to clinical practice and work with the ADG team," said Dr. Miller, "With my love for both companion animal and equine medicine, Louisville is the ideal place for me to make a difference in the health and quality of life of my patients."
Dr. Miller's addition coincides with the grand opening of ADG's new practice location for Animal Dermatology Clinic – Louisville, a 4,000 square foot state-of-the-art veterinary specialty facility dedicated to the advanced practice of veterinary dermatology and the management of acute and chronic skin and ear conditions in dogs, cats and horses. The Louisville practice serves as one of the leading centers for clinical practice and education in the area.
Steve Mrha, ADG's Chief Executive Officer stated, "We are delighted to welcome Dr. Miller to our new Louisville facility, joining Drs. Joya Griffin, Katie Lake Robertson and Jeff Tinsley. This team exemplifies our commitment to building a center of dermatology excellence that supports the needs of clients and referring veterinarians in Kentucky and the surrounding markets as well as providing a solid foundation to help train the next generation of veterinary dermatology specialists."
About Animal Dermatology Group
Animal Dermatology Group is the largest veterinary dermatology business in the U.S., providing the highest quality care to pets with acute and chronic skin conditions. ADG has over 50 veterinarians supporting more than 40 primary and satellite locations where its specialists are actively involved in providing clinical care, research and academic training. For more information, please visit www.animaldermatology.com.
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| 2022-07-21T15:44:38Z
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FISCAL 2022 Q3 HIGHLIGHTS
- Net sales of $958.6 million, an increase of 10.7%, compared to the prior fiscal year quarter
- Gross margin of 42.9% vs. 42.3% in the prior fiscal year quarter
- Strong operating margin of 14.3%, or 14.6% excluding restructuring, acquisition-related and other costs1,2
- Diluted EPS of $1.78 vs. $1.68 in the prior fiscal year quarter, a 6.0% increase
- Adjusted diluted EPS of $1.82 vs. $1.42 in the prior fiscal year quarter, a 28.2% increase1
- Company expects double digit average daily sales growth to continue in fiscal Q4
MELVILLE, N.Y. and DAVIDSON, N.C., June 29, 2022 /PRNewswire/ -- MSC INDUSTRIAL SUPPLY CO. (NYSE: MSM), "MSC," "MSC Industrial" or the "Company," a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services, today reported financial results for its fiscal 2022 third quarter ended May 28, 2022.
Erik Gershwind, President and Chief Executive Officer, said, "Our fiscal third quarter is another proof point of the building momentum inside of our Company. We achieved double-digit average daily sales growth, roughly 500 basis points above the Industrial Production ("IP") index. We grew gross margins sequentially and year over year thanks to strong price realization in an inflationary environment. Finally, and most notably, we translated top line growth into significant operating leverage and adjusted operating margin expansion."
Kristen Actis-Grande, Executive Vice President and Chief Financial Officer, added, "Double-digit sales growth, gross margin execution and productivity all combined to expand adjusted operating margin by 200 basis in the fiscal third quarter with an adjusted incremental margin in the thirties. Looking to the fiscal fourth quarter, we expect double-digit average daily sales growth to continue and to finish the year in the top scenario of our fiscal 2022 annual framework."
Gershwind concluded, "We are encouraged with progress on our Mission Critical journey and, in fact, are ahead of schedule against our primary goals for fiscal 2023 - to grow revenues at least 400 basis points above the IP index and to restore ROIC into the high teens. At the same time, we are not satisfied. We will look to build on recent momentum and to set our sights even higher in terms of market share capture and profitability improvements."
Conference Call Information
MSC will host a conference call today at 8:30 a.m. EDT to review the Company's fiscal 2022 third quarter results. The call, accompanying slides, and other operational statistics may be accessed at: http://investor.mscdirect.com. The conference call may also be accessed at 1-877-443-5575 (U.S.), 1-855-669-9657 (Canada) or 1-412-902-6618 (international).
An online archive of the broadcast will be available until July 6, 2022.
The Company's reporting date for fiscal 2022 fourth quarter and full year results is scheduled for October 20, 2022.
About MSC Industrial Supply Co.
MSC Industrial Supply Co. (NYSE: MSM) is a leading North American distributor of a broad range of metalworking and maintenance, repair and operations (MRO) products and services. We help our customers drive greater productivity, profitability and growth with approximately 2.0 million products, inventory management and other supply chain solutions, and deep expertise from over 80 years of working with customers across industries. Our experienced team of more than 6,500 associates is dedicated to working side by side with our customers to help drive results for their businesses - from keeping operations running efficiently today to continuously rethinking, retooling, and optimizing for a more productive tomorrow. For more information on MSC Industrial, please visit mscdirect.com.
Cautionary Note Regarding Forward-Looking Statements:
Statements in this press release may constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical fact, that address activities, events or developments that we expect, believe or anticipate will or may occur in the future, including statements about the future impact of COVID-19 on our business operations, results of operations and financial condition, expected future results, expected benefits from our investment and strategic plans and other initiatives, and expected future growth, profitability and return on invested capital, are forward-looking statements. The words "will," "may," "believes," "anticipates," "thinks," "expects," "estimates," "plans," "intends," and similar expressions are intended to identify forward-looking statements. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from those anticipated by these forward-looking statements. In addition, any statements which refer to expectations, projections or other characterizations of future events or circumstances, statements involving a discussion of strategy, plans or intentions, statements about management's assumptions, projections or predictions of future events or market outlook and any other statement other than a statement of present or historical fact are forward-looking statements. The inclusion of any statement in this press release does not constitute an admission by MSC or any other person that the events or circumstances described in such statement are material. In addition, new risks may emerge from time to time and it is not possible for management to predict such risks or to assess the impact of such risks on our business or financial results. Accordingly, future results may differ materially from historical results or from those discussed or implied by these forward-looking statements. Given these risks and uncertainties, the reader should not place undue reliance on these forward-looking statements. These risks and uncertainties include, but are not limited to, the following: the impact of the COVID-19 pandemic on our sales, operations and supply chain; general economic conditions in the markets in which we operate, including conditions resulting from the COVID-19 pandemic; changing customer and product mixes; volatility in commodity and energy prices, the impact of prolonged periods of low, high, and rapid inflation, and fluctuations in interest rates; competition, including the adoption by competitors of aggressive pricing strategies and sales methods; industry consolidation and other changes in the industrial distribution sector; our ability to realize the expected benefits from our investment and strategic plans, including our transition from being a spot-buy supplier to a mission-critical partner to our customers; our ability to realize the expected cost savings and benefits from our restructuring activities and structural cost reductions; the retention of key personnel; the credit risk of our customers, including changes in credit risk as a result of the COVID-19 pandemic, higher inflation and fluctuations in interest rates; the risk of customer cancellation or rescheduling of orders; difficulties in calibrating customer demand for our products, in particular personal protective equipment or "PPE" products, which could cause an inability to sell excess products ordered from manufacturers resulting in inventory write-downs or could conversely cause inventory shortages of such products; work stoppages, labor shortages or other business interruptions (including those due to extreme weather conditions or as a result of the COVID-19 pandemic) at transportation centers, shipping ports, our headquarters or our customer fulfillment centers; disruptions or breaches of our information technology systems, or violations of data privacy laws; the retention of qualified sales and customer service personnel and metalworking specialists; the risk of loss of key suppliers or contractors or key brands or supply chain disruptions, including due to import restrictions resulting from the COVID-19 pandemic or global geopolitical conditions; changes to governmental trade or sanctions policies, including the impact from significant import restrictions or tariffs or moratoriums on economic activity with certain countries or regions; risks related to opening or expanding our customer fulfillment centers; our ability to estimate the cost of healthcare claims incurred under our self-insurance plan; litigation risk due to the nature of our business; risks associated with the integration of acquired businesses or other strategic transactions; financial restrictions on outstanding borrowings; our ability to maintain our credit facilities or incur additional borrowings on terms that we deem attractive; the interest rate uncertainty due to the London InterBank Offered Rate (LIBOR) reform; the failure to comply with applicable environmental, health and safety laws and regulations, including government action in response to the COVID-19 pandemic, and other laws applicable to our business; the outcome of government or regulatory proceedings or future litigation; goodwill and intangible assets recorded resulting from our acquisitions could be impaired; our common stock price may be volatile due to factors outside of our control; and our principal shareholders exercise significant control over us, which may result in our taking actions or failing to take actions which our other shareholders do not prefer. Additional information concerning these and other risks is described under "Risk Factors" and "Management's Discussion and Analysis of Financial Condition and Results of Operations" in our Annual and Quarterly Reports on Forms 10-K and 10-Q, respectively, and in the other reports and documents that we file with the United States Securities and Exchange Commission. We expressly disclaim any obligation to update any of these forward-looking statements, except to the extent required by applicable law.
Non-GAAP Financial Measures
- Results Excluding Impairment Loss and Loss Recovery (prior year), Inventory Write-downs (prior year), Legal Costs (prior year), Acquisition-related Costs, Restructuring and Other Costs, and Other Charges
To supplement MSC's unaudited selected financial data presented consistent with accounting principles generally accepted in the United States ("GAAP"), the Company discloses certain non-GAAP financial measures, including non-GAAP gross profit, non-GAAP operating expenses, non-GAAP income from operations, non-GAAP operating margin, non-GAAP incremental margin, non-GAAP provision for income taxes, non-GAAP net income and non-GAAP diluted earnings per share, that exclude impairment loss and loss recovery (prior year), inventory write-downs (prior year), legal costs for impairment of prepaid PPE (prior year), acquisition-related costs, restructuring and other costs, and other related costs and tax effects.
These non-GAAP financial measures are not presented in accordance with GAAP or an alternative for GAAP financial measures and may be different from similar non-GAAP financial measures used by other companies. The presentation of this additional information is not meant to be considered in isolation or as a substitute for the most directly comparable GAAP financial measures and should only be used to evaluate MSC's results of operations in conjunction with the corresponding GAAP financial measures.
In calculating non-GAAP financial measures, we exclude impairment loss and loss recovery (prior year), inventory write-downs (prior year), legal costs for impairment of prepaid PPE (prior year), acquisition-related costs, restructuring and other costs, and other related costs and tax effects. Management makes these adjustments to facilitate a review of the Company's operating performance on a comparable basis between periods, for comparison with forecasts and strategic plans, for identifying and analyzing trends in the Company's underlying business and for benchmarking performance externally against competitors. We believe that investors benefit from seeing results from the perspective of management in addition to seeing results presented in accordance with GAAP for the same reasons and purposes for which management uses such non-GAAP financial measures.
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| 2022-06-29T12:03:48Z
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SHENZHEN, China, Sept. 6, 2022 /PRNewswire/ -- In the electric bike industry, the courage to upgrade and experiment with innovation is an important factor in meeting the needs of users. In September 2022, the electric fat tire bicycle brand Cyrusher launched its new model Kommoda step electric bicycle and officially launched the US, UK, EU and Japanese markets.
Cyrusher electric bike kommoda step-though ebikeThe debut of the Kommoda breaks the design mold of the brand's previous models with a low step-through frame design for rider straddling and an irresistibly unique look that appeals to consumers in all segments.
The appearance of the new model Kommoda is the first step in the brand's effective attempt to move toward a more diverse design of e-bikes in 2022. After the brand introduced the model in online media and platform sales, Kommoda is being examined by the general public and professional electric bicycle platforms.
It is confident enough to conquer the rigorous and meticulous scrutiny of experienced judges. It is also highly recognized among cycling enthusiasts for the perfection of its performance configuration and the new step-through frame design.
Cyrusher Kommoda's sleek and innovative design is both classic and innovative. Step-through bike frames are not uncommon, but Kommoda has made a classic remake of the step-through electric bike frame and equipped it with fat tires to make it overall look more chic and innovative.
The new model's design conveys the vitality and emotion of Cyrusher's electric bikes, guiding the brand's future innovation in model designs. It also reflects the manufacturer's relentless pursuit of meeting the needs of different types of riders, creating fun-to-use personal mobility products, and offering people new lifestyle ideas.
With the brand's persistence and the newly designed look of Kommoda, it effectively blends the traditional step-through frame and fat tires on the market, presenting consumers with a fully functional and unique electric fat tire bike.
Meeting the Changing Needs of Customers with Comfort
Kommoda is named after the word "comoda", which means "comfort" in Spanish. Comfort is a critical attribute in the design of this low-step fat-tire electric mountain bike.
The Kommoda embodies the latest Cyrusher design features: a comfortable and convenient step-through frame structures, fat tires for all terrains, a full suspension with front and rear shock absorbers for rider stability, an illuminated headlight, and brake light for night riding, and a color display.
These designs are closely tied to the core of the Cyrusher brand, allowing each Cyrusher electric fat-tire bike to be a vivid image of the brand's insistence on presenting interesting products to its customers, both in terms of basic configuration and appearance.
The new step-through frame structure is designed to attract more attention from cyclists and enhance the "must-have" psychological feeling with the perfect configuration and fashionable appearance, quietly allowing consumers to change and gain a new lifestyle.
Breakthrough Upgrade to Give Customers a New Riding Experience
At the beginning of the low-step design, most Cyrusher brand electric bikes appeared in the market with a step-through structure. As the manufacturer strived to create the most satisfying products for its customers, those who loved Cyrusher gave the brand many suggestions. Developing new products in response to customer requests became a significant motivation for the brand.
After listening to and accepting customer input, Cyrusher introduced the Kommoda model to meet the needs of customers who wanted the right electric bike for their loved ones, creating the Kommoda as a couple's model with other larger Cyrusher models, such as the Cyrusher XF900 step-over electric bike.
The Kommoda's frame structure uses a step-through construction combined with fat tires for off-road uses, solving the problem of difficult straddle riding for riders with smaller frames or limited mobility. Unlike the diamond-shaped structure of the step-through with a top tube, the new model has a triangular frame structure with a lower center of gravity, allowing the rider to control the steering performance and stability during the ride. The new design breaks through the limitations of the previous frame and allows more and more customers of the electric bike brand to have a unique riding experience.
Kommoda's Unique Features
The Cyrusher electric bike brand's refreshed Kommoda has a very bright appearance. It represents a new power for Cyrusher to break the inherent design pattern and appear in the electric bike market. So what kind of unique style does it possess, and what kind of new experience does it bring consumers?
Suspension
The newly designed model Kommoda has a motorcycle-style front suspension that can be turned on and off in different riding situations. There is also a spring-loaded rear suspension for customers to add efficient protection for the lower back. The full suspension configuration is designed to give consumers more confidence and can reflect the brand's focus on comfortable riding features and emphasis on user-friendly product features.
Frame design
The 6061 aluminum alloy full suspension frame with a low-step structure is the focus of the brand's new design. The low-step design means that the manufacturer always puts most people's satisfaction first. Among the types of lifestyles that are close to nature, outdoor sports are a more common choice. The new step-through structure is more focused on connecting the rider to the comfort and convenience of outdoor activities, breaking away from the diamond-shaped geometry of the previous product, and integrating the passion for sports and a safer and more convenient way of straddling the frame in a design that meets the different needs of different height riders of electric mountain bikes riding on the frame structure.
Fat Tire
Like its previous models, the Kommoda uses fat tires, but the difference is that the new design has 20" x 4" tires, which are smaller than the tires on the brand's other models. This design is compatible with the lower-step frame. This means that the fat tire model also satisfies Cyrusher electric bike riders in an all-terrain environment with just as good traction. The combination of a step-through frames and fat tires is also the soul of Cyrusher's new design.
Cyrusher Global Electric Bike Brand
Cyrusher is constantly pushing the envelope.
Until now, the electric bicycle has experienced eight years of continuous optimization and update as well as creative design to get more and more fans who love to ride.
Headquartered in Shenzhen, China's Silicon Valley, the company has distribution centers in the United States, the United Kingdom, France, Germany, and Japan. It also offers offline store test rides in several countries, including the US, UK and France.
The brand's bikes are also internationally tested for quality and meet CE, UL, Rhos and FCC standards. The brand name is also registered and recognized in Australia, China, the EU, Japan, Korea, and the US.
The Cyrusher team, with its meticulous professionalism, relentless efforts, and perseverance, has always given back to every customer who loves Cyrusher with quality products and attentive services, constantly advancing the idea of going out of the country into the world and getting long-term development.
The growth of the brand is the same as cycling, to keep the balance, it is necessary to keep moving forward. Cyrusher Kommoda's new design takes a new step forward in 2022, as the Cyrusher electric fat bike brand opens the door to international growth by offering quality personal mobility products and attentive service with the utmost sincerity in exchange for the trust of its customers.
If you are interested in Cyrusher specialized electric mountain bikes, you can find more information about Cyrusher at the following link.
UK official website: www.cyrusher.co.uk
French official website: www.cyrusher.fr
German official website: www.cyrusher.de
Phone: (800) 778-0116
Email: support@cyrusher.com
124 S 600 W Suite 102, Logan UT 84321
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| 2022-09-06T09:56:10Z
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The Former Meta Executive Will Help Lead Melio's World-Class Product Team As Melio Expands Its Offerings
NEW YORK, May 18, 2022 /PRNewswire/ -- Melio, a leading B2B payments platform for small businesses, today announced the appointment of Sivanne Goldfarb as Vice President of Risk, Credit & Data Products. The appointment marks the latest addition to Melio's executive leadership as the company grows its product offerings and continues its rapid scaling.
Goldfarb joins Melio with over a decade of experience in product development, fintech, and risk management. Most recently, she was the Director of Data Science & Data Engineering, Fraud, and Compliance at Meta FinTech, Meta's payments unit. Before Meta, she held the position of Director of Consumer Risk Management at PayPal.
"I am excited to welcome a world-class product executive to Melio's leadership team," said Ilan Atias, Melio's co-founder and CTO. "We are fortunate to have some of the best people in Israel join our R&D site in Tel Aviv."
"I led a team for a small business product at PayPal so Melio's mission to support small businesses is near and dear to my heart," said Goldfarb. "One thing I love about financial services is that if you work on the right products it can really change people's lives. I truly believe Melio is changing lives for small business owners and I'm impressed by the company."
Goldfarb's appointment follows several other senior executives who joined Melio in recent months, including Chief Operating Officer Tomer Barel and Vice President of Research & Development Guy Zipori.
About Melio:
Melio's mission is to keep small business in business, helping them improve their cash flow and workflow, gain more control over their finances, and optimize their business's financial health. Melio was founded by CEO Matan Bar, CTO Ilan Atias, and Ziv Paz in 2018, with headquarters in New York, an R&D center in Tel Aviv, and western U.S. headquarters in Colorado. The company has raised $506 million to date. Melio's smart B2B online payment solution is tailor-made for small businesses' needs. It is a free, simple, and secure solution that allows small businesses and their suppliers to transfer and receive payments quickly and easily.
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| 2022-05-18T12:40:19Z
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Parkland school shooter’s AR-15 rifle shown to jurors
FORT LAUDERDALE, Fla. (AP) — Jurors in the penalty trial of Florida school shooter Nikolas Cruz got their first view Monday of the AR-15-style rifle he used to murder 17 students and staff members four years ago at Parkland’s Marjory Stoneman Douglas High School, staring intently as it was carried to the front of the courtroom.
Lead prosecutor Mike Satz removed the black semi-automatic Smith & Wesson from a cardboard box and carried it to Broward sheriff’s Sgt. Gloria Crespo, who said it was found on the landing of a third-floor stairwell. Video seen by jurors previously showed Cruz placed it there along with the black shooter’s vest he had been wearing before fleeing the school.
The defense objected to the weapon’s introduction, saying without explanation that it lacked relevance and was unfairly prejudicial. The defense also objected to Satz placing the gun on the floor behind him in easy view of the jurors instead of placing it on an evidence table away from them. Circuit Judge Elizabeth Scherer rejected the objections.
David S. Weinstein, a Miami criminal defense attorney and former prosecutor who is not involved in the case, said the defense believes that since Cruz pleaded guilty, the gun and other evidence such as surveillance video and crime scene photos are no longer relevant and serve to inflame the jurors’ emotions.
Prosecutors have successfully argued that such evidence is necessary to prove the murders included at least one aggravating factor such as being committed in a cruel or heinous manner or during a crime that endangered the lives of many people.
Crespo also testified that Cruz, then 19, had five gun magazines remaining in the vest, containing 160 total bullets. He had fired more than 100 shots as he stalked the three-story building for seven minutes, firing down hallways and into classrooms. The former Stoneman Douglas student, who had been expelled a year earlier, wounded 17 in addition to the 14 students and three staff members.
Inside a vest pocket, Cruz, now 23, also had a police identification card his late father had been issued by a New York department. Roger Cruz died when Nikolas Cruz was 5, succumbing to a heart attack in front of him. Prosecutors did not say if Roger Cruz had been a police officer or if it were some other type of ID.
The jurors also were shown photos Crespo took of the bodies of five students and a teacher who died on the third-floor, all with multiple wounds from being shot at close range. Those were not shown to the gallery, where several parents and family members sat. Last week, jurors saw their first graphic crime scene and autopsy photos.
Earlier Monday, the seven-man and five-woman jury and their 10 alternates heard from Uber driver Laura Zecchini, whom Cruz hired to drive him to the school. She said he appeared nervous during the 13-minute ride and was carrying a large black soft-sided carrying case. Cruz told Zecchini he was going to his music lesson.
Cruz pleaded guilty in October to 17 counts of first-degree murder, so the jury will only decide if he is sentenced to death or life without parole.
His is the deadliest mass shooting in U.S. history to reach trial. Nine U.S. gunmen besides Cruz who killed at least 17 people died during or immediately after their shootings, either by suicide or police gunfire. The suspect in a 10th, the 2019 slaying of 23 people at a Walmart in El Paso, Texas, is awaiting trial.
When jurors eventually get the case, probably in October or November, they will vote 17 times, once for each of the victims, on whether to recommend capital punishment.
For each death sentence, the jury must be unanimous or the sentence for that victim is life. The jurors are told that to vote for death, the prosecution’s aggravating circumstances for that victim must, in their judgment, “outweigh” the defense’s mitigators. A juror can also vote for life out of mercy for Cruz. During jury selection, the panelists said under oath that they are capable of voting for either sentence.
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Associated Press writer Freida Frisaro in Fort Lauderdale contributed to this report.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/07/25/parkland-school-shooters-ar-15-rifle-shown-jurors/
| 2022-07-25T19:33:40Z
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Medtronic reports full year and fourth quarter fiscal year 2022 financial results; announces 8% dividend increase
Published: May. 26, 2022 at 5:46 AM CDT|Updated: 28 minutes ago
Mid-single digit FY22 revenue growth; Q4 results affected by temporary global supply chain impacts and China lockdowns
DUBLIN, May 26, 2022 /PRNewswire/ -- Medtronic plc (NYSE: MDT) today announced financial results for its fourth quarter and fiscal year 2022, which ended April 29, 2022.
FY22 cash flow from operations of $7.3 billion increased 18%; FY22 free cash flow of $6.0 billion increased 22%
Quarterly dividend increased to $0.68, annual $2.72 from prior $2.52; 45th consecutive year of dividend increases
Q4 revenue of $8.1 billion decreased 1% reported and increased 1% organic
Q4 GAAP diluted EPS of $1.10 increased 10%; non-GAAP diluted EPS of $1.52 increased 2%
Company issues FY23 guidance
Fiscal year 2022 revenue of $31.686 billion increased 5% as reported and organic, which excludes the $75 million negative impact of foreign currency translation. Unless otherwise stated, all revenue growth rates in this press release are stated on an organic basis, which excludes the impact of foreign currency translation. Fiscal year 2022 GAAP net income and diluted EPS were $5.039 billion and $3.73, respectively, both increases of 40%. Starting with the quarter ended April 29, 2022, the company will no longer adjust non-GAAP financial measures for certain license payments for, or acquisitions of, technology not approved by regulators. Historical non-GAAP financial measures detailed in the financial schedules included at the end of this release have been recast for comparability, resulting in a decrease in non-GAAP net income and diluted EPS of $78 million and $0.06, respectively, for the fiscal year ended April 29, 2022. After making this adjustment, fiscal year 2022 non-GAAP net income and diluted EPS were $7.505 billion and $5.55, respectively, both increases of 26%.
Fiscal year 2022 cash flow from operations of $7.346 billion increased 18%. Fiscal year 2022 free cash flow of $5.978 billion increased 22%, representing free cash flow conversion from non-GAAP net earnings of 80 percent.
The company reported fourth quarter worldwide revenue of $8.089 billion, a decrease of 1% as reported and an increase of 1% on an organic basis, which excludes the $215 million negative impact of foreign currency translation. The company's fourth quarter revenue results were affected by temporary issues related to global supply chain, particularly in Surgical Innovations, and China, due to recent COVID-19 lockdowns.
Fourth quarter GAAP net income and diluted earnings per share (EPS) were $1.485 billion and $1.10, respectively, increases of 9% and 10%, respectively. As detailed in the financial schedules included at the end of this release, fourth quarter non-GAAP net income of $2.038 billion was flat year-over-year, and fourth quarter non-GAAP diluted EPS of $1.52 increased 2%.
Fourth quarter U.S. revenue of $4.097 billion represented 51% of company revenue and decreased 2%. Non-U.S. developed market revenue of $2.609 billion represented 32% of company revenue and decreased 2% as reported and increased 4% organic. Emerging Markets revenue of $1.383 billion represented 17% of company revenue and increased 4% as reported and 7% organic. China revenue, which represented 43% of Emerging Markets revenue, declined 10% as a result of COVID-19 lockdowns.
"Global supply chain and COVID-19 controls in China created acute impacts to our results in the fourth quarter. We understand the root causes, we're addressing them, and we expect them to resolve over the near-term," said Geoff Martha, Medtronic chairman and chief executive officer. "We remain keenly focused on delivering innovation-driven growth with a robust pipeline of technologies in fast-growing markets, and we're committed to creating strong shareholder value through strategic capital allocation and active portfolio management."
Cardiovascular Portfolio The Cardiovascular Portfolio includes the Cardiac Rhythm & Heart Failure (CRHF), Structural Heart & Aortic (SHA), and Coronary & Peripheral Vascular (CPV) divisions. Fiscal year 2022 Cardiovascular revenue of $11.423 billion increased 6% as reported and 6% organic. Fourth quarter Cardiovascular revenue of $2.961 billion increased 2% as reported and 5% organic, driven by high-single digit organic growth in SHA and mid-single digit organic growth in CRM and CPV.
Cardiac Rhythm & Heart Failure fourth quarter revenue of $1.552 billion increased 1% reported and 4% organic. Adjusting for the discontinuation of HVAD™ System sales, CRHF revenue increased 6% organic. Cardiac Rhythm Management revenue increased in the mid-single digits, with low-single digit growth in Defibrillation Solutions and high-single digit growth in Cardiac Pacing Therapies, including low-twenties growth in leadless pacemakers on the continued global adoption of Micra™ transcatheter pacing systems. Procedure Innovations revenue increased in the mid-twenties on strong sales of TYRX™ absorbable antibacterial envelopes. Cardiovascular Diagnostics revenue increased in the mid-single digits, and Cardiac Ablation Solutions revenue increased in the mid-single digits, driven by the adoption of LINQ II™ insertable cardiac monitors and Arctic Front Advance™ cryoballoon catheters and consoles, respectively.
Structural Heart & Aortic fourth quarter revenue of $778 million increased 5% as reported and 8% organic. Structural Heart grew in the mid-teens, driven by mid-teens growth in transcatheter aortic valves (TAVR). Aortic declined in the mid-single digits due to product availability issues from supply chain and quality challenges. Cardiac Surgery increased in the high-single digits, driven by strength in the perfusion franchise.
Coronary & Peripheral Vascular fourth quarter revenue of $631 million increased 1% as reported and 4% organic. Coronary & Renal Denervation (CRDN) increased in the low-single digits, with high-teens growth in Guide Catheters offsetting low-single digit declines in drug-eluting stents. Peripheral Vascular Health increased in the mid-single digits, driven by low-twenties endovenous growth on strong sales of the VenaSeal™ closure system and the Abre™ deep venous stent.
Medical Surgical Portfolio The Medical Surgical Portfolio includes the Surgical Innovations (SI) and the Respiratory, Gastrointestinal & Renal (RGR) divisions. Medical Surgical fiscal year 2022 revenue of $9.141 billion increased 5% as reported and organic. Excluding the impact of ventilator sales given the increased COVID-19 related demand in the prior year, Medical Surgical fiscal year 2022 revenue increased 9% organic. Medical Surgical fourth quarter revenue of $2.231 billion decreased 5% as reported and 1% organic, with flat year-over-year organic results in SI offset by mid-single digit organic declines in RGR. Excluding the impact of ventilator sales, Medical Surgical fourth quarter revenue was flat year-over-year organic.
Surgical Innovations fourth quarter revenue of $1.491 billion decreased 3% as reported and was flat year-over-year organic due to supply constraints of certain raw materials. In addition, the division was affected by recent COVID-19 lockdowns in China, resulting in a mid-teens decline in SI revenue in China. These challenges resulted in Advanced Surgical Instruments declining in the low-single digits globally, including low-single digit declines in Advanced Stapling and mid-single digit declines in Advanced Energy. This was partially offset by high-teens growth in Hernia & Wound Management.
Respiratory, Gastrointestinal & Renal fourth quarter revenue of $740 million decreased 7% as reported and 4% organic. Excluding the impact of ventilator sales, RGR revenue was flat year-over-year organic. Respiratory Interventions decreased in the mid-teens, with sales of ventilators declining in the mid-thirties as demand returned to pre-pandemic levels. Patient Monitoring increased in the mid-single digits, with mid-single digit growth in both Nellcor™ pulse oximetry products and Perioperative Complications products, offset by low-double digit declines in Respiratory Compromise solutions. Gastrointestinal revenue decreased in the mid-single digits given pressure on procedure volumes from COVID-19. Renal Care Solutions increased in the low-single digits, including high-single digit growth in acute therapies.
Neuroscience Portfolio The Neuroscience Portfolio includes the Cranial & Spinal Technologies (CST), Specialty Therapies, and Neuromodulation divisions. Neuroscience fiscal year 2022 revenue of $8.784 billion increased 7% as reported and organic. Neuroscience fourth quarter revenue of $2.299 billion was flat year-over-year as reported and increased 2% organic, with mid-single digit organic growth in Specialty Therapies and low-single digit organic growth in Neuromodulation partially offset by low-single digit organic declines in CST.
Cranial & Spinal Technologies fourth quarter revenue of $1.165 billion decreased 2% as reported and 1% organic. Spine & Biologics was flat year-over-year, with low-single digit growth in Core Spine offset by low-single digit declines in Biologics. Neurosurgery grew in the low-single digits with mid-twenties growth in robotics and high-single digit growth in both navigation and powered surgical instruments on strong demand for capital equipment, offset by declines in both imaging and CSF (cerebral spinal fluid) management as a result of supply constraints.
Specialty Therapies fourth quarter revenue of $684 million increased 5% as reported and 6% organic. Neurovascular increased in the low double-digits, driven by high-teens growth in hemorrhagic stroke products. Pelvic Health decreased in the mid-single digits on increased competition, and ENT increased in the mid- single digits on strength in sales of StealthStation™ ENT navigation systems.
Neuromodulation fourth quarter revenue of $451 million was flat year-over-year as reported and increased 2% organic. Brain Modulation increased in the low-double digits, driven by the continued adoption of the Percept™ PC deep brain stimulation (DBS) system and SenSight™ directional DBS lead system. Pain Therapies declined in the low-single digits, with mid-single digit declines in Targeted Drug Delivery partially offset by low-single digit increases in Pain Stim on the continued adoption of the Vanta™ and Intellis™ with DTM™ SCS neurostimulators.
Diabetes Diabetes fiscal year 2022 revenue of $2.338 billion decreased 3% as reported and organic. Diabetes fourth quarter revenue of $597 million decreased 8% as reported and 5% organic. U.S. revenue declined in the high-twenties, given the absence of new product approvals. This was offset by low-double digit organic growth in non-U.S. developed markets and high-teens organic growth in emerging markets. International sales were driven by mid-single digit organic growth of durable insulin pumps, mid-teens organic growth in consumables, and low-twenties organic growth of continuous glucose monitoring (CGM) products.
Guidance The company today issued its fiscal year 2023 revenue growth and EPS guidance.
The company expects organic revenue growth in its fiscal year 2023 in the range of 4% to 5%. If recent foreign currency exchange rates hold, fiscal year 2023 revenue would be negatively affected by approximately $1.0 billion to $1.1 billion.
The company expects fiscal year 2023 non-GAAP EPS in the range of $5.53 to $5.65, including an estimated 20 to 25 cent negative impact from foreign currency translation based on recent foreign currency exchange rates.
"We expect recent and upcoming product launches to make a difference across our businesses this coming fiscal year," said Karen Parkhill, Medtronic chief financial officer. "Supply chain, inflation, and foreign exchange are expected to create near-term pressure. Yet, we remain focused on driving our R&D investments to accelerate our growth and create large, long-term returns for our shareholders."
Dividend Increase The company today announced that effective May 25, 2022, the Medtronic board of directors approved an increase in Medtronic's cash dividend for the first quarter of fiscal year 2023, raising the quarterly amount to $0.68 per ordinary share. This would translate into an annual amount of $2.72 per ordinary share, an 8% increase from the prior $2.52. Medtronic has a long history of dividend growth, and the company is a constituent of the S&P 500 Dividend Aristocrats index. Today's announcement marks the 45th consecutive year of an increase in the dividend payment. Including today's increase, Medtronic's dividend per share has grown by 48% over the past 5 years and has grown at a 16% compounded annual growth rate over the past 45 years.
Medtronic has a strong track record of returning capital to its shareholders, including $5.5 billion in fiscal year 2022. The company remains committed to returning a minimum of 50 percent of its free cash flow to shareholders, primarily through dividends, and to a lesser extent, share repurchases. The dividend is payable on July 15, 2022, to shareholders of record at the close of business on June 24, 2022.
"Our substantial dividend increase reflects the confidence of our Board of Directors and executive management in Medtronic's financial strength and future earnings power," said Martha. "We've increased our dividend for the past 45 years and growing our dividend is an important component of the total return we generate for our shareholders."
New Kidney Health Technology Company As part of its portfolio management strategy, Medtronic announced today together with DaVita the intent to form a new, independent kidney care-focused medical device company. Medtronic will contribute its Renal Care Solutions (RCS) business to the new company, which will focus on developing a broad suite of novel kidney care products and solutions, including future home-based products, to make different dialysis treatments more accessible to patients. Additional details on the agreement are available in the joint press release issued today by Medtronic and DaVita, and in the Form 8-K that Medtronic filed today with the U.S. Securities and Exchange Commission.
Webcast Information Medtronic will host a webcast today, May 26, at 8:00 a.m. EDT (7:00 a.m. CDT) to provide information about its businesses for the public, investors, analysts, and news media. This webcast can be accessed by clicking on the Investor Events link at investorrelations.medtronic.com and this earnings release will be archived at news.medtronic.com. Medtronic will be live tweeting during the webcast on its Newsroom Twitter account, @Medtronic. Within 24 hours of the webcast, a replay of the webcast and transcript of the company's prepared remarks will be available by clicking on the Investor Events link at investorrelations.medtronic.com.
Medtronic plans to report its fiscal year 2023 first, second, third, and fourth quarter results on Tuesday, August 23, 2022, November 22, 2022, February 21, 2023, and Thursday, May 25, 2023, respectively. Confirmation and additional details will be provided closer to the specific event.
Financial Schedules The fourth quarter financial schedules and non-GAAP reconciliations can be viewed by clicking on the Investor Events link at investorrelations.medtronic.com. To view a printable PDF of the financial schedules and non-GAAP reconciliations, click here. To view the fourth quarter and fiscal year 2022 earnings presentation, click here.
About Medtronic Bold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Dublin, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 90,000+ passionate people across 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic (NYSE:MDT), visit www.Medtronic.com and follow @Medtronic on Twitter and LinkedIn.
FORWARD LOOKING STATEMENTS This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, which are subject to risks and uncertainties, including risks related to competitive factors, difficulties and delays inherent in the development, manufacturing, marketing and sale of medical products, government regulation and general economic conditions and other risks and uncertainties described in the company's periodic reports on file with the U.S. Securities and Exchange Commission including the most recent Annual Report on Form 10-K of the company, as filed with the U.S. Securities and Exchange Commission. In some cases, you can identify these statements by forward-looking words or expressions, such as "anticipate," "believe," "could," "estimate," "expect," "forecast," "intend," "looking ahead," "may," "plan," "possible," "potential," "project," "should," "going to," "will," and similar words or expressions, the negative or plural of such words or expressions and other comparable terminology. Actual results may differ materially from anticipated results. Medtronic does not undertake to update its forward-looking statements or any of the information contained in this press release, including to reflect future events or circumstances.
NON-GAAP FINANCIAL MEASURES This press release contains financial measures, including adjusted net income, adjusted diluted EPS, and organic revenue, which are considered "non-GAAP" financial measures under applicable SEC rules and regulations. References to quarterly and annual figures increasing, decreasing or remaining flat are in comparison to fiscal year 2021.
Medtronic management believes that non-GAAP financial measures provide information useful to investors in understanding the company's underlying operational performance and trends and to facilitate comparisons with the performance of other companies in the med tech industry. Non-GAAP net income and diluted EPS exclude the effect of certain charges or gains that contribute to or reduce earnings but that result from transactions or events that management believes may or may not recur with similar materiality or impact to operations in future periods (Non-GAAP Adjustments). Medtronic generally uses non-GAAP financial measures to facilitate management's review of the operational performance of the company and as a basis for strategic planning. Non-GAAP financial measures should be considered supplemental to and not a substitute for financial information prepared in accordance with U.S. generally accepted accounting principles (GAAP), and investors are cautioned that Medtronic may calculate non-GAAP financial measures in a way that is different from other companies. Management strongly encourages investors to review the company's consolidated financial statements and publicly filed reports in their entirety. Starting with the quarter ended April 29, 2022, the Company will no longer adjust non-GAAP financial measures for certain license payments for, or acquisitions of, technology not approved by regulators. Historical non-GAAP financial measures have been recast for comparability. Reconciliations of the non-GAAP financial measures to the most directly comparable GAAP financial measures are included in the financial schedules accompanying this press release.
Medtronic calculates forward-looking non-GAAP financial measures based on internal forecasts that omit certain amounts that would be included in GAAP financial measures. For instance, forward-looking organic revenue growth guidance excludes the impact of foreign currency fluctuations, as well as significant acquisitions or divestitures. Forward-looking diluted non-GAAP EPS guidance also excludes other potential charges or gains that would be recorded as Non-GAAP Adjustments to earnings during the fiscal year. Medtronic does not attempt to provide reconciliations of forward-looking non-GAAP EPS guidance to projected GAAP EPS guidance because the combined impact and timing of recognition of these potential charges or gains is inherently uncertain and difficult to predict and is unavailable without unreasonable efforts. In addition, the company believes such reconciliations would imply a degree of precision and certainty that could be confusing to investors. Such items could have a substantial impact on GAAP measures of financial performance.
The above press release was provided courtesy of PRNewswire. The views, opinions and statements in the press release are not endorsed by Gray Media Group nor do they necessarily state or reflect those of Gray Media Group, Inc.
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https://www.kxii.com/prnewswire/2022/05/26/medtronic-reports-full-year-fourth-quarter-fiscal-year-2022-financial-results-announces-8-dividend-increase/
| 2022-05-26T11:14:03Z
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NEW YORK, June 23, 2022 /PRNewswire/ -- Purcell & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim involving the board of directors of AquaBounty Technologies, Inc. (NASDAQ: AQB).
If you are a shareholder of AquaBounty Technologies, Inc. and are interested in obtaining additional information regarding this investigation, free of charge, please visit us at:
You may also contact Robert H. Lefkowitz, Esq. either via email at rl@pjlfirm.com or by telephone at 212-725-1000. One of our attorneys will personally speak with you about the case at no cost or obligation.
Purcell & Lefkowitz LLP is a law firm exclusively committed to representing shareholders nationwide who are victims of securities fraud, breaches of fiduciary duty and other types of corporate misconduct. For more information about the firm and its attorneys, please visit http://pjlfirm.com. Attorney advertising. Prior results do not guarantee a similar outcome.
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https://www.kxii.com/prnewswire/2022/06/23/shareholder-alert-purcell-amp-lefkowitz-llp-is-investigating-aquabounty-technologies-inc-potential-breaches-fiduciary-duty-by-its-board-directors/
| 2022-06-23T13:13:55Z
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Tech-driven insurance company YuLife will use its new capital to fundamentally change how people and businesses around the world derive value from financial products
LONDON, July 7, 2022 /PRNewswire/ -- YuLife, the tech-driven insurance company on a mission to inspire people to live their best lives, today announced that it has raised $120M (~£95M) in a Series C led by Dai-ichi Life Holdings Inc. (TSE: 8750) ("Dai-ichi Life"), a new strategic investor in the company. The funding round, which was supported by YuLife's existing investors, takes YuLife's total funding to $206M since the company was founded in 2016, having raised capital from top tier investors including Creandum, LocalGlobe, Target Global, Latitude, Anthemis, OurCrowd, Notion, MMC and Eurazeo. YuLife will use the capital to broaden its reach into new global markets and scale its product range, delivering financial products that improve lives and reward wellbeing. This furthers the company's ambition of transforming financial services into a force for good.
YuLife believes that the $6 trillion insurance industry is not fit for the future due to low trust, low perceived value and low engagement. The global wellbeing crisis, exacerbated by the Covid-19 pandemic, has meant that there is a huge gap to fill in the market. YuLife's flagship product, group life insurance, has achieved rapid traction in a market lacking in innovation.
YuLife has fundamentally changed the nature of life insurance, creating an innovative new 'win-win' model which benefits individuals, businesses and society. The highly engaging, game-like YuLife app enables YuLife policyholders to complete everyday wellness activities in order to earn YuCoin, which they can use to buy gifts for themselves, friends or family, or to improve the world through planting trees and donating to charity. Over a third of YuLife customers engage with the company every single day, compared to once a year for the average insurer, and 87% report an improvement to their wellbeing as a result of having YuLife as their insurer.
"Insurance has the potential to achieve tremendous social good", said Sammy Rubin, CEO and Founder, YuLife. "Unusually for financial services, our product creates a deep alignment of interests between the insurer, the company and the individual. We believe that wellbeing must be holistic, and we are committed to building a global financial services brand that can change the lives of millions of people across the world."
"Companies that choose YuLife are making a statement that they care deeply about their employees", continued Rubin. "Now more than ever it is important for companies to go above and beyond to build a culture of care in the workplace, as traditional benefits packages just do not do the job. Our proposition addresses a vital business need exacerbated by the Covid-19 pandemic and the 'Great Resignation'."
"Dai-ichi Life is committed to supporting companies that have a proven track record of changing people's lives for the better, and YuLife does exactly that, by bringing tangible value to financial products to bolster individuals' wellbeing," said Toshiaki Sumino, Director, Managing Executive Officer, Dai-ichi Life Holdings, Inc. "YuLife has immense potential to build on its achievements to date, and we are thrilled to invest and help propel YuLife towards its next steps and scale its global operations. YuLife shares our ethos of harnessing the latest trends in technology to make a genuine difference to the lives of those using financial products."
In July 2021, YuLife raised a $70M Series B in one of Europe's largest insurtech funding rounds and has seen more than 5x growth in Gross Written Premiums year-on-year. YuLife now covers >500k policyholders across small to large businesses, with over $50bn (~£40bn) of cover in place.
About YuLife
YuLife is a tech-driven insurance company on a mission to inspire life and turn financial products into a force for good. By harnessing the power of technology and the latest behavioural science, YuLife's insurance model focuses on risk prevention, not just claims compensation. The company is transforming the employee benefits market by rewarding employees for healthy living, supporting mental, physical and financial wellbeing and helping foster healthier, happier and more motivated teams. Founded in 2016, YuLife is headquartered in London and backed by global insurers and venture capital. https://www.YuLife.com/.
About Dai-ichi Life Holdings Inc.
Dai-ichi Life, the company from which the Group originates, is a Japanese insurance company established in 1902 as Japan's first mutual insurance company. The company has a market capitalisation of JPY 2.6 trillion (£16.2bn*), premium income of JPY 5.3 trillion (£32.9bn), and 65,000 employees, approximately, for the group as a whole. Since 2007, the company has been focusing on overseas expansion and is now present in 8 countries, including the US and Australia. In accordance with the mission "By your side, for life", the company seeks to provide products and services tailored to deliver upon customer's needs. In 2022, the Group will celebrate 120 years since its founding and hope to continue contributing to the well-being of all, including future generations, to enable them to lead healthy and prosperous lives with peace of mind. * As of 5th July 2022 https://www.dai-ichi-life-hd.com/en/index.html
YuLife Media Contact
Ben Crome
Headline Media
ben@headline.media
020 3769 6463
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https://www.wibw.com/prnewswire/2022/07/07/yulife-raises-120m-series-c-round-led-by-dai-ichi-life-accelerate-global-expansion/
| 2022-07-07T07:52:46Z
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PyraMax Bank departs LPL, choosing Cetera for its hands-on management and growth strategy
LOS ANGELES, July 6, 2022 /PRNewswire/ -- Cetera Financial Group, one of America's largest networks of financial professionals, announced today that it has welcomed Milwaukee-area PyraMax Bank to its Cetera Financial Institutions community. Together, the organizations will expand PyraMax Bank's menu of investment services and seek to grow the team by actively recruiting top financial professionals. Cetera will provide integrated technology, robust growth and operations support, and an advice-focused platform. PyraMax Bank serves clients across Southeastern Wisconsin and was formerly affiliated with LPL. This marks the third strategic relationship Cetera has formed with a bank this year.
"As the PyraMax Bank team evolves its business and grows as an organization, partnering with Cetera Financial Institutions is a natural step to reach our goals and better serve our clients," said Jennelle Bettinger, Vice President of Retail Banking at PyraMax Bank. "In working with Cetera, we are gaining more intimate and direct access to management, innovative technology, and best-in-class client solutions. We are also excited to work with an organization that is deeply committed to celebrating our legacy and longstanding client relationships."
Since 1983, Cetera Financial Institutions has set the industry standard for serving bank and credit union wealth management programs. It empowers financial institutions to deepen their client connections and expand their services in meeting their clients' full lifecycle needs. The team's unmatched knowledge of supporting the unique needs of financial institutions means its organizations have access to the client-centric capabilities to deliver a superior and collaborative experience, along with robust technology and tools designed specifically for banks and credit unions.
The Cetera Financial Institutions partnership provides PyraMax Bank financial consultants access to a wider array of tools, technologies, and solutions, including AdviceWorks® – Cetera's award-winning platform for financial professionals and members – and Growth360, Cetera's peer-based methodology that helps financial professionals learn from and incorporate the successes of their fastest-growing peers.
"We're thrilled to welcome PyraMax Bank to the Cetera family and further expand our presence in the Midwest," said LeAnn Rummel, president and CEO of Cetera's financial institutions community. "We are confident our solutions, technology, and growth strategies will complement PyraMax Bank's model and their long-term vision. Together, with my leadership team, we are excited to take their business to new heights."
Click here to learn more about Cetera's resources and support for financial institutions.
Cetera Financial Group (Cetera) is a leading financial services firm whose purpose is to enable the delivery of best-in-class financial advice to as many Americans as possible. Cetera empowers its financial professional communities to help clients achieve their version of financial wellbeing through the Advice-Centric Experience®. Cetera proudly serves independent financial professionals, tax professionals, banks and credit unions in providing wide-ranging financial planning and wealth management services.
Cetera oversees approximately $353 billion in assets under administration and $122 billion in assets under management, as of December 31, 2021.
Visit www.cetera.com, and follow Cetera on LinkedIn, Twitter and Facebook.
"Cetera Financial Group" refers to the network of independent retail firms encompassing, among others, Cetera Advisors LLC, Cetera Advisor Networks LLC, Cetera Investment Services LLC (marketed as Cetera Financial Institutions or Cetera Investors), Cetera Financial Specialists LLC, and First Allied Securities, Inc. All firms are members FINRA/SIPC. Located at: 655 W. Broadway, 11th Floor, San Diego, CA 92101.
Individuals affiliated with Cetera firms are either Registered Representatives who offer only brokerage services and receive transaction-based compensation (commissions), Investment Adviser Representatives who offer only investment advisory services and receive fees based on assets, or both Registered Representatives and Investment Adviser Representatives, who can offer both types of services.
PyraMax Bank opened in 1895 and currently operates six full-service offices serving customers in the counties of Milwaukee, Ozaukee, and Waukesha Wisconsin. It is part of 1895 Bancorp of Wisconsin, a federal corporation based in Greenfield, Wisconsin.
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| 2022-07-06T16:43:40Z
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Additional valet service creates more capacity at some of the busiest stations and complements City of Boston's free 30-day pass offer
BOSTON, Aug. 18, 2022 /PRNewswire/ -- To help support Metro Boston residents during the upcoming Orange and Green Line shutdowns, Bluebikes title sponsor Blue Cross Blue Shield of Massachusetts (Blue Cross) will sponsor additional valet service at four Bluebikes stations, expanding accessibility to the public bike share system at peak usage times. Bluebikes is owned by the system's 11 municipalities and operated by Lyft.
With an expected increase in Bluebikes ridership during the Orange and Green Line closures, the valet service will help expand bike and dock availability at some of the busiest stations and provide an accessible and alternative mode of transportation during the shutdowns. The additional valet support, sponsored by Blue Cross and in partnership with the City of Boston, will be available to riders at select Bluebikes stations weekdays from Monday, August 22, through Friday, September 16, during the hours of 7-11 am and 3-7 pm. To find real-time valet service locations, please visit the System Map on the Bluebikes website or the Bluebikes app and look for the Valet icon at your destination station to confirm service is active.
"We're committed to promoting accessible, healthy transit options in our communities, including through continued collaboration with our partners across the Bluebikes municipalities," said Jeff Bellows, vice president of corporate citizenship and public affairs at Blue Cross. "We hope that our support of Bluebikes will help support greater Boston residents through the MBTA shutdowns."
In conjunction with the additional valet support during this time, the City of Boston has also announced free 30-day Bluebikes passes during the MBTA closures to further support the community. To access free passes, which are available beginning August 19, residents can download the Bluebikes app or navigate to Bluebikes.com/join and select a Monthly Membership. Existing Bluebikes users can log into their online account and select "Renew Membership." Current monthly members with auto-renew turned on will not be charged for the new pass this month.
Blue Cross is in the fifth year of a six-year Bluebikes title sponsorship, which launched in May 2018. Through its partnership with the municipal owners of Bluebikes, Blue Cross continues to support system growth and accessibility, including station expansions, upgrades, and additional bikes, and is pleased to be able to support the city of Boston during this scheduled MBTA maintenance.
Bluebikes is public transportation by bike. The system is jointly owned and managed by the Cities of Boston, Cambridge, Everett, Salem and Somerville and the Town of Brookline. Blue Cross Blue Shield of Massachusetts is the system's title sponsor. Riders can find 400 stations and 4,000 bikes across 11 municipalities in Metro Boston. Since 2011, more than 14 million trips have been taken by bike share. For more information about Bluebikes, visit bluebikes.com.
Blue Cross Blue Shield of Massachusetts (bluecrossma.org) is a community-focused, tax-paying, not-for-profit health plan headquartered in Boston. We are committed to the relentless pursuit of quality, affordable and equitable health care with an unparalleled consumer experience. Consistent with our promise to always put our members first, we are rated among the nation's best health plans for member satisfaction and quality. Connect with us on Facebook, Twitter, YouTube, and LinkedIn.
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| 2022-08-18T20:07:48Z
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Golf Industry Retailers Gain Access to Leading B2B eCommerce Platform
DENVER, Aug. 17, 2022 /PRNewswire/ -- Elastic Suite, a global leader in B2B ecommerce technology and subsidiary of Emerald Holding, Inc. (NYSE:EEX), today announced a major partnership agreement with the Association of Golf Merchandisers (AGM). The agreement provides AGM member retailers with access to Elastic's wealth of experience in digital merchandising, large network of major global brand partners and the company's expertise for helping retailers benefit from a more strategic and streamlined wholesale purchasing process. The new partnership names Elastic Suite as the Presenting Diamond Level Sponsor of AGM's Certified Retail Management Program, one of the association's key educational resources for golf retailers.
"Putting our next-generation B2B ecommerce platform to work for the golf industry is an incredible opportunity for Elastic and AGM member retailers alike," said Sawyer Frank, Global Sales Director, Elastic Suite. "Our digital merchandising technology is unmatched in bringing new levels of process efficiency, cost savings, sales growth and sustainability to both the wholesale buyer and seller. Golf retailers and brands will now have preferred access to all these benefits and unmatched education through this new partnership."
AGM and Elastic will jointly develop new educational components for the Certified Retail Management Program specifically tailored for golf industry retailers. The programming will include live webinar sessions where attendees can tap Elastic's expertise on B2B ecommerce topics while learning about the latest in merchandising and retail best practices. Additional educational content customized specifically for the golf industry will be created and shared with AGM members.
"Helping golf retailers adopt the latest and most advanced wholesale merchandising technology is critically important to our industry as a whole," said Jennifer Morton, Director of Marketing and Sales, AGM. "We have found the most qualified partner in Elastic Suite to help us do that at the highest level and look forward to adding the many resources they will provide for the benefit of our retail members."
Elastic Suite is engineering solutions specifically designed for golf manufacturers that will ultimately lead to a technology-enabled industry. Elastic's growing list of golf brand partners include names like TravisMathew, Callaway and Cobra Puma. Elastic Suite helps manufacturers, retailers and distributors adopt a more sustainable approach to B2B sales while achieving efficiency-driven cost savings and incremental sales growth. For more information visit www.elasticsuite.com.
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| 2022-08-17T17:31:21Z
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NEW YORK, July 20, 2022 /PRNewswire/ -- Tanduay continued to outsell other global rum brands last year, according to Drinks International Magazine which collected annual data on 154 million-case brands from public company reports and directly requested results.
Drinks International Millionaires' Club Editor Shay Waterworth confirmed the news in a letter addressed to Tanduay.
"As editor of Drinks International's The Millionaires Club supplement, which gathers data from spirits brands all across the world, I can confirm that Tanduay was the number one selling rum brand in the world in 2021," stated Waterworth.
The leading Filipino rum brand, according to the results of Drinks International's latest research, sold more than 23.7 million of 9-liter cases last year. Tanduay also ranked as the sixth best-selling spirit brand in the world across all categories.
"Tanduay has stayed ahead of the game because of the diligence of the people behind it -- the local farmers who harvest the heirloom sugarcane we use for our rums; the people working at our distillery bottling plants; our research and development group; and our marketing team. Together, they have continued Tanduay's winning legacy," said Tanduay President and COO Lucio Tan III.
Tanduay recorded a PhP1.2 billion net income in 2021, with net revenues increasing by 6.7 percent. It enjoyed a 27 percent share of the Philippines' overall spirits market.
The leading global spirits magazine also noted that "aggressive export strategy in 2020 spelt huge gains for LT Group's Tanduay and the Philippine-based giant managed to maintain those advances this year, preserving its ranking as the world's bestseller."
Despite the challenges posed by the global pandemic, Tanduay's export business also experienced steady growth. The brand entered more international markets and signed new partnerships with leading National Basketball Association (NBA) teams. It is currently a partner of NBA champions, the Golden State Warriors and Milwaukee Bucks.
As of this writing, Tanduay is present in 12 U.S. states and the territory of Guam; China; the United Arab Emirates; Singapore; Germany; Belgium; the Netherlands; Luxembourg; and the United Kingdom. Plans are also underway to bring the brand to Canada and Costa Rica.
Joseph Chiong
Business Development Manager
Tanduay Brands International
+1 (714) 588-6760
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| 2022-07-21T03:43:30Z
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SEALY, Texas, Aug. 18, 2022 /PRNewswire/ -- Hennessey Special Vehicles delivers a 1,817 bhp Roadster promising an unrivaled open-air experience.
- New Venom F5 Roadster is Hennessey's continuation following the premiere of last year's sold-out Venom F5 Coupe – both hypercars are engineered to exceed 300 mph
- 1,817 bhp 'Fury' V8 delivers unparalleled performance and the world's most exhilarating open-air driving experience
- Removable sculpted carbon fiber roof, and museum-quality pedestal stand, extend the Roadster's appeal as a moving work-of-art
- Priced at $3 million, with each of the 30 personalized examples individually commissioned to its owner
- Hennessey Venom F5 Roadster – DOWNLOAD
- Current World Record: Fastest convertible – 2016 Venom GT Spyder, 265.6 mph – WATCH
Hennessey Special Vehicles, the Texas-based hypercar manufacturer, has released details of its Venom F5 Roadster ahead of the new car's global debut at The Quail, A Motorsports Gathering in Monterey, California.
The Venom F5 Roadster is based on the Hennessey Venom F5 Coupe – the two are nearly identical mechanically – yet distinguishing the Venom F5 Roadster from its fixed-roof sibling are several attributes that set the open-air model apart – physically, cosmetically, and emotionally.
Mid-mounted in the carbon-fiber monocoque chassis is Hennessey's celebrated twin-turbocharged, 6.6-liter, 'Fury' V8 engine rated at an astonishing 1,817 bhp. Power is sent to the rear wheels through a robust automated single-clutch gearbox. With a dry weight of under 3,100 pounds, the Venom F5 Roadster promises phenomenal performance… and an engineered top speed exceeding 300 mph.
Hennessey expects the Venom F5 Roadster to surpass the company's own 'world's fastest convertible' record – 265.6 mph – currently held by the Hennessey Venom GT Spyder.
John Hennessey, company founder, and CEO: "We created the Venom F5 to be the ultimate expression of a hypercar. The Roadster version takes the Coupe's speed, exhilaration, and awe, plus a sprinkling of respect-inducing fear, to a new, truly visceral level that brings owners closer to the Venom F5's extreme performance. Our 1,817 bhp 'Fury' engine screams behind the exposed cockpit, with its roar unobstructed by a roof – it is an unmatched automotive experience."
Most conspicuous is the hypercar's new roofline. In contrast to the F5 Coupe, the F5 Roadster's roof has been re-engineered with a removable panel crafted from rigid carbon fiber composites. The single-piece roof is fully insulated against the elements and lined with soft Alcantara upholstery. The weatherproof panel is secured with four quick-release bolts and a pair of high-strength latches to withstand the hypercar's staggering acceleration capabilities and aerodynamic forces at extreme speed. The lightweight roof panel weighs a mere 18 lbs (8 kg), making removal and installation easy for one person.
Owners may choose to store the panel in a bespoke Merino wool travel bag or as a standalone work-of-art on a custom-made, sculptural pedestal – devised by Hennessey's in-house design team to enhance the ownership experience. The roof pedestal, crafted in carbon fiber like the roof panel, mirrors design themes from the Venom F5 Roadster. Viewed from above, its 'blade legs' trace the shape of the car's rear decklid, while the side profile uses the hypercar's bodyside air intake form for inspiration. In addition, the sharply angled, streamlined stand displays the 'Venom F5 Roadster' script on the front face of the base in the same eight-microns thin aluminum as the car's 'H' nose badge.
The Venom F5 Roadster features a new tempered glass engine viewing window. This panel, in the middle of the rear engine cover, spotlights the massive 'Fury' V8 engine in all its glory. Its engineering was no simple task – developed and certified for use in jet aircraft. The sizeable glass panel can withstand aerodynamic forces exceeding 300 mph and temperatures beyond 1,000 degrees Fahrenheit (540 degrees Celsius). The detail is extraordinary – the engine viewing window is encapsulated within a removable carbon fiber engine cover that features intricately-milled heat extraction holes that match those in the rear bumper. Additional heat extraction is achieved by dual aluminum air vents, four on each side of the glass panel, which match the vents behind each front wheel.
The Roadster is further distinguished from its coupe sibling by its unique wheels. Forged from aluminum alloy and then milled to perfection, the lightweight wheels feature seven pairs of spokes, each resembling an elongated Hennessey 'H'. Milled into the outer face of each wheel rim is the 'Hennessey' script, mirrored by the 'Roadster' script on the opposite side. Owners may opt to upgrade the Hyper Silver wheels to highly polished aluminum – this exclusive finish requires a painstaking process of hand polishing that takes weeks to complete. The wheels are secured with five titanium nuts, an alloy revered for its strength, heat tolerance, corrosion resistance, and extremely low mass.
Hennessey's Venom F5 Coupe was engineered from the outset with an open-top version in mind, so only minor adjustments were required to deliver coupe-rivaling chassis rigidity, strength, and stiffness – this ensures that drivers may access the same crisp handling characteristics as the Venom F5 Coupe with or without the roof in place.
As with the Venom F5 Coupe, discerning Roadster buyers may specify any exterior and interior color combination or leave areas of the Venom F5's carbon fiber chassis and body panels exposed. Opting for either a gloss or satin finish allows the stunning woven composite to be appreciated fully (pre-exposed areas of carbon fiber on the Venom F5 Roadster are standard, as they were on the Coupe). The same minimalist yet high specification of the coupe model is retained within the passenger cabin.
"It's exciting to see the continued innovation from Hennessey from the test track to the road," said Steve Reindl, President of Shell Lubricants Americas. "We share a passion for performance, and our co-engineering alliance provides us with an extreme testbed for Pennzoil in some of the fastest road cars."
The Venom F5 Roadster will be manufactured in Texas in an exclusively low volume of just 30 units (this approach of guaranteeing a unique ownership experience saw the 24-unit Venom F5 Coupe production run sell out shortly after its appearance at Monterey Car Week in 2021). Roadster production begins in late 2022, with validation of the model's high-speed capabilities set to occur as the production rate levels out.
Hennessey Special Vehicles has priced the new Venom F5 Roadster at $3 million, with each of the 30 personalized examples individually commissioned to its owner. Potential buyers may find out more or express their interest at hennesseyspecialvehicles.com or by calling +1 979.885.1300.
Download high-resolution images of the Hennessey Venom F5 Roadster: https://www.dropbox.com/sh/2dbezprb3899to5/AAAs8RSGguqhX3j9-ngvJD9Ua?dl=0
Current World Record: Fastest convertible – 2016 Venom GT Spyder, 265.6 mph – https://youtu.be/ZWy6GiWJxHs
Based in Sealy, Texas, the Hennessey business comprises Hennessey Special Vehicles, Hennessey Performance (HPE), Tuner School, and the Lonestar Motorsports Park. The company has re-engineered more than 12,000 vehicles for performance enthusiasts worldwide to deliver unparalleled driving thrills. Alongside modifying a diverse range of sports, and muscle cars since 1991, the company also applies its high-performance expertise to trucks and SUVs – and boasts its own hypercars – the Venom GT and the Venom F5.
Every Hennessey product is dyno-proven, fully track-tested, street-legal, and warrantied. Customers can choose from road-ready performance-enhanced cars by Hennessey from a wide variety of brands, including Chevrolet, Dodge, Ford, and Jeep, in addition to benefitting from a host of high-performance upgrades.
With its own test track, engineering curriculum for aspiring tuners, more than 85 team members, and capacity to work on 40-50 vehicles at a time, Hennessey Performance is one of the world's leading specialist vehicle engineering companies. The twin-turbocharged, 6.6-liter V8 Venom F5 hypercar sold out in 2021, with customer deliveries taking place from 2021-2023. Boasting 1,817 bhp and capable of speeds in excess of 300 mph, the company is delivering like never before on its mission of 'making fast cars faster'. HennesseySpecialVehicles.com | HennesseyPerformance.com
As the company founder and CEO, John Hennessey lives and breathes fast, fun cars. John developed a passion for performance while competing at world-renowned motorsport events, including Pikes Peak, the Silver State Classic, and the Bonneville Salt Flats (where he set a class world record).
What started in 1991, modifying imports out of his garage, soon morphed into building 1,000-horsepower twin-turbo Dodge Vipers that gained international recognition in car magazines such as Motor Trend, Car and Driver, Top Gear, and Road and Track.
Known as an American icon of speed, John has achieved his vision to be the top automotive tuner and builder in the U.S. With a global sales footprint covering the U.S., Europe, Asia, South America, and the Middle East, he continues to find ways to engineer greater performance from some of the world's most iconic vehicles alongside the creation of the company's world-class hypercar – the Hennessey Venom F5.
YouTube: HennesseyPerformanceF5 | Instagram: HennesseyPerformance | Facebook: @hennesseype | Twitter: @HennesseyPerf
Media contacts
For further information, images, or comment, contact the Hennessey PR team:
North America
Michael Harley
michael@hennesseyperformance.com
+1 805-402-3613
Europe / Asia
Jon Visscher
Communications@vcomm.co.uk / Jon.Visscher@vcomm.co.uk
+44 (0)7816 906 794
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https://www.kxii.com/prnewswire/2022/08/18/hennessey-presents-worlds-fastest-most-powerful-roadster/
| 2022-08-18T14:55:57Z
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MIAMI, June 16, 2022 /PRNewswire/ -- SLUSHY is a social commerce platform built for professional creators who want unrivaled creative freedom and robust engagement tools. Launching in the United States today, SLUSHY is currently an invite-only creator platform, where anyone can consume, but only those invited can create.
Today more than ever, creators are growing tired of existing social platforms and their limited monetization options, unclear guidelines, undefined account bans, and overall lack of transparency.
"Imagine waking up to find five years of hard work and your entire audience of over 6 million people taken away from you. No explanation provided, nor any means of recovery. That happened to me on Instagram and continues to happen to many other creators too. There's been major demand for a platform where creators have full freedom on how to monetize their content. I couldn't find one so I decided to help build one that I would be proud to be a part of" - Julia Rose, Co-Founder, and Head of Talent, SLUSHY.
Creators have lacked a safe space to post whatever they want, they need a platform and revenue model free of the stigma and poor assumptions associated with subscription content. As brand deals, shadow banning, account deletions, and limited support continue to restrict creative freedom, creators need more.
"In my previous role at Tinder, stigma was something we battled with daily, as young people didn't want to meet each other online. At SLUSHY we face similar challenges with the negative stigma surrounding paywall subscriptions, which are often associated with adult content. SLUSHY arrives to offer an alternative, and give any creator the chance to earn through that proven model. Our invite-only mechanism ensures quality control from day one, we've built this for professional creators, with serious business intent" - Josh Metz, Co-Founder and CMO, SLUSHY
In a market where existing solutions fall short of creators' demands, SLUSHY provides a fresh solution creators can be proud of, one that prioritizes their monetization, support, and management needs.
Created by David Gross and Fred Spivock, SLUSHY's founding team is rounded out by former Head of Marketing at Tinder, Josh Metz and SHAGMAG founder, Julia Rose. Raising $3.5 million from a host of celebrities, tech founders and VC firms, such as John Oringer (Former CEO, Shutterstock), Sean Rad (Co-Founder and former CEO, Tinder, Inc.), Drew Taggart and Alex Pall (Mantis VC - The Chainsmokers), Austin Rosen (CEO, Electric Feel Entertainment), Bryan Goldberg (Bustle Digital Group) and Soma Capital, the newest addition to the creator economy is set to help merge both social and commerce.
"SLUSHY is at the helm of disrupting the industry providing an unrestricted platform for a creator-first economy while allowing direct and engaging connections with fans. Working within the entertainment industry, I understand first-hand how important it is to provide creators with the resources and tools to authentically express their vision to audiences around the world. SLUSHY's launch into the United States stands to reinvent the current creator monetization model and we're thrilled to be a part of the process" - Austin Rosen, Founder & CEO, Electric Feel Entertainment
The rise of the creator economy has only just begun, SLUSHY believes that selling content online will evolve in the same way selling consumer products has - and aims to pioneer that evolution. SLUSHY promises to deliver innovative monetization options, improved creator tools and deeper discovery, recommendation and analytics insights.
"Our mission is to ensure creators succeed, SLUSHY can help them do so by pioneering a shift from ad-based to recurring revenue. We see ourselves as a place where both social and commerce merge, whilst being the ideal partner to creators as they transform into businesses themselves. By providing them with innovative tools to further connect with and monetize their audiences directly, SLUSHY will always give creators more, to fulfill their earning potential" - David Gross, Co-Founder and CEO, SLUSHY.
Where other industry leaders have failed to successfully implement secure compliance frameworks, SLUSHY worked from day one to ensure creator and content security via the most sophisticated content moderation pipeline in existence. SLUSHY is serious about trust and safety and has been built with comprehensive compliance tools - including simplified consent, ID verification, and content moderation to ensure content remains live and secure.
SLUSHY aims to give creators the tools to do what they do best, create, then get the f*ck out the way.
SLUSHY is a social commerce platform built for professional creators who want unrivaled creative freedom and robust engagement tools. A creator-first, tech-driven tool, designed with key discoverability features and audience insights. In a market where existing solutions fall short of their creators' demands, SLUSHY provides a fresh solution that prioritizes creators' monetization, support, and management needs. SLUSHY incorporates a powerful legal framework - with robust compliance tools including simplified consent, ID verification, and content moderation.
Visit SLUSHY on your mobile device or laptop at SLUSHY.com.
Follow SLUSHY @slushydotcom on Instagram and Twitter, and @slushyapp on TikTok.
Media Contact:
Josh Metz, Co-Founder & CMO
310-721-5748
josh@slushy.com
View original content to download multimedia:
SOURCE SLUSHY
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https://www.kxii.com/prnewswire/2022/06/16/introducing-slushy-an-invite-only-celebrity-backed-creator-platform/
| 2022-06-16T13:33:16Z
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SAN FRANCISCO , Sept. 1, 2022 /PRNewswire/ -- Hagens Berman urges Azure Power Global Limited (NYSE: AZRE) investors who suffered significant losses to submit your losses now.
Class Period: June 15, 2021 - Aug. 26, 2022
Lead Plaintiff Deadline: Oct. 31, 2022
Visit: www.hbsslaw.com/investor-fraud/AZRE
Contact An Attorney Now: AZRE@hbsslaw.com
844-916-0895
Azure Power Global Limited (NYSE: AZRE) Securities Fraud Class Action:
The complaint challenges Defendants' statements that Azure and each of its subsidiaries maintain effective internal controls over financial reporting and public disclosures.
These statements were allegedly false and misleading in that they omitted to disclose that: (1) there were procedural irregularities, including deviations from safety and quality standards, at one of Azure's plants; (2) certain project data was manipulated; (3) as a result of the foregoing, Azure's internal controls and procedures were not effective; and, (4) Azure received a credible whistleblower complaint alleging such misconduct.
Investors learned the truth on Aug. 29, 2022, when Azure announced that its CEO resigned after just 2 months on the job, that it received a whistleblower complaint in May 2022 alleging potential irregularities and misconduct by employees at a subsidiary-owned plant, and that during Azure's review of the whistleblower's allegations it discovered deviations from safety and quality norms and found evidence of project data manipulation.
This news sent the price of Azure shares crashing 44% lower on Aug. 29, 2022.
"We're focused on investors' losses and proving Azure concealed its internal control deficiencies," said Reed Kathrein, the Hagens Berman partner leading the investigation.
If you invested in Azure Power and have significant losses, or have knowledge that may assist the firm's investigation, click here to discuss your legal rights with Hagens Berman.
Whistleblowers: Persons with non-public information regarding Azure Power should consider their options to help in the investigation or take advantage of the SEC Whistleblower program. Under the new program, whistleblowers who provide original information may receive rewards totaling up to 30 percent of any successful recovery made by the SEC. For more information, call Reed Kathrein at 844-916-0895 or email AZRE@hbsslaw.com.
About Hagens Berman
Hagens Berman is a global plaintiffs' rights complex litigation law firm focusing on corporate accountability through class-action law. The firm is home to a robust securities litigation practice and represents investors as well as whistleblowers, workers, consumers and others in cases achieving real results for those harmed by corporate negligence and fraud. More about the firm and its successes can be found at hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.
Contact:
Reed Kathrein, 844-916-0895
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SOURCE Hagens Berman Sobol Shapiro LLP
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https://www.kxii.com/prnewswire/2022/09/01/azre-securities-fraud-hagens-berman-national-trial-attorneys-encourages-azure-power-global-azre-investors-with-significant-losses-contact-firms-attorneys-securities-class-action-filed/
| 2022-09-01T14:04:40Z
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TOKYO, July 27, 2022 /PRNewswire/ -- On July 26, ahead of the Tenth NPT (Treaty on the Non-Proliferation of Nuclear Weapons) Review Conference that opens on August 1 at UN Headquarters in New York, Soka Gakkai International (SGI) President Daisaku Ikeda called on the five nuclear-weapon states to declare that they will never be the first to use nuclear weapons in a conflict: the principle of "No First Use."
Today the risk that nuclear weapons will be used is at its highest level since the Cold War. Ikeda, a passionate campaigner for nuclear abolition for over 60 years, urges the five nuclear-weapon states under the NPT -- the United States, Russia, the United Kingdom, France and China -- to give substance to a joint statement made by their leaders on January 3, 2022, that "a nuclear war cannot be won and must never be fought," by declaring policies of No First Use.
He proposes that the following points be included in the Final Document of the Review Conference:
- That the five nuclear-weapon states pledge to continue to abide by their January Joint Statement, immediately pursuing measures to reduce the risks posed by nuclear weapons in accord with their Article VI nuclear disarmament commitments.
- That the five nuclear-weapon states, as a matter of highest priority, declare their commitment to the principle of No First Use at the earliest possible date.
- That in order to give concrete form to the joint statement's declaration that "none of our nuclear weapons are targeted at each other or at any other State," the principle of No First Use be universalized as the security policy of all states possessing nuclear weapons as well as the nuclear-dependent states.
Ikeda urges: "We must remember that it was never the purpose of the NPT to establish continuing nuclear threat and confrontation as the inevitable fate of humankind." He asks us to learn from the world's hibakusha -- the victims of the Hiroshima and Nagasaki bombings and the testing of nuclear weapons -- who insist that no one anywhere should suffer what they have endured.
Ikeda argues that commitment to No First Use would also free resources to protect people from shared threats such as the COVID-19 pandemic and climate change.
On August 4, during the NPT Review Conference, the SGI will hold a side event promoting No First Use together with other like-minded organizations.
Read full statement:
https://sgi-peace.org/resources/2022-statement-calling-for-no-first-use
Daisaku Ikeda (1928 - ) is a Buddhist philosopher, author and president of the Soka Gakkai International (SGI), an NGO promoting peace, culture and education in consultative status since 1983 with UN ECOSOC. Every year since 1983, Ikeda has authored peace proposals offering concrete approaches to resolving the complex global issues facing humanity, centering on the need to abolish nuclear weapons.
www.daisakuikeda.org
Contact:
Joan Anderson
International Office of Public Information
Soka Gakkai
+81-80-5957-4711
anderson[at]soka.jp
View original content:
SOURCE Soka Gakkai International
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https://www.wibw.com/prnewswire/2022/07/27/buddhist-leader-calls-states-commit-no-first-use-nuclear-weapons-advance-npt-meeting/
| 2022-07-27T07:55:21Z
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DALLAS (STACKER) — When looking at the makeup of American families today, it’s rare to see a home where a pet isn’t part of the family. According to the most recent data from the APPA National Pet Owners Survey, 67% of households—or around 85 million homes—own a pet. Of these households, dogs and cats top the list of most popular pets, with 63.4 million and 42.7 million households owning dogs and cats, respectively.
In exploring the history of animal shelters and rescue organizations in the country, nothing proves as problematic as the lack of a centralized reporting system to collect data on these organizations. Most of the shelter statistics that are available and accepted today are estimates based on several period surveys, including the aforementioned APPA National Pet Owners Survey along with the AVMA U.S. Pet Ownership & Demographics Sourcebook. Without a nationally codified and streamlined process for collecting, organizing, and reporting on shelter data, there has been a grave lack of transparency around the country’s shelters. That makes it difficult not only to pinpoint accurate statistics regarding sheltered animals in America but also to understand the true state of animal welfare in the country, which is the first step to improving that welfare.
If you’ve been considering bringing home a furry companion, be sure to keep reading. Stacker compiled a list of dogs available for adoption in Dallas, Texas on Petfinder, ranging in age, breed composition, temperament, and needs. It’s important to note that pet adoption is a huge responsibility and requires available savings for emergency and routine veterinary care, a day-to-day routine and game plan for coverage if the pup needs to be left at home during the day (i.e. hiring a dog walker), and time and attention devoted to training your newest family member. Be sure to do due diligence on breed research to see what kind of dog will be the best fit for your lifestyle.
Without further ado, here are adoptable dogs in your home city.
You may also like: Highest-paying jobs in Dallas that don’t require a college degree
Penn
– Gender: Female
– Age: Senior
– Breed: Black Labrador Retriever
– Read more on Petfinder
Mecca
– Gender: Female
– Age: Baby
– Breed: Siberian Husky, German Shepherd Dog (mixed)
– Read more on Petfinder
KANE
– Gender: Male
– Age: Young
– Breed: Pit Bull Terrier, Mixed Breed (mixed)
– Read more on Petfinder
Leia (New Digs)
– Gender: Female
– Age: Young
– Breed: German Shepherd Dog (mixed)
– Read more on Petfinder
Dakota (New Digs)
– Gender: Male
– Age: Adult
– Breed: German Shepherd Dog (mixed)
– Read more on Petfinder
GRACE
– Gender: Female
– Age: Baby
– Breed: Pit Bull Terrier, Mixed Breed (mixed)
– Read more on Petfinder
PALOMA
– Gender: Female
– Age: Baby
– Breed: Labrador Retriever, Mixed Breed (mixed)
– Read more on Petfinder
NEGRO
– Gender: Male
– Age: Adult
– Breed: Labrador Retriever, Mixed Breed (mixed)
– Read more on Petfinder
Gus
– Gender: Male
– Age: Adult
– Breed: Siberian Husky, Mixed Breed (mixed)
– Read more on Petfinder
MANCHAS
– Gender: Female
– Age: Adult
– Breed: Pit Bull Terrier, Mixed Breed (mixed)
– Read more on Petfinder
GHOST
– Gender: Female
– Age: Adult
– Breed: Pit Bull Terrier
– Read more on Petfinder
WINNIE
– Gender: Female
– Age: Baby
– Breed: German Shepherd Dog, Mixed Breed (mixed)
– Read more on Petfinder
Trogdor
– Gender: Female
– Age: Adult
– Breed: German Shepherd Dog, Mixed Breed (mixed)
– Read more on Petfinder
TAZ
– Gender: Male
– Age: Young
– Breed: Pit Bull Terrier
– Read more on Petfinder
Pepe
– Gender: Male
– Age: Adult
– Breed: Maltese
– Read more on Petfinder
Igor
– Gender: Male
– Age: Adult
– Breed: Pit Bull Terrier
– Read more on Petfinder
Kaia
– Gender: Female
– Age: Young
– Breed: Australian Kelpie, Cocker Spaniel (mixed)
– Read more on Petfinder
DIAMOND
– Gender: Female
– Age: Adult
– Breed: Chihuahua
– Read more on Petfinder
HOPE
– Gender: Male
– Age: Young
– Breed: Labrador Retriever, Mixed Breed (mixed)
– Read more on Petfinder
KING
– Gender: Male
– Age: Adult
– Breed: American Bulldog
– Read more on Petfinder
LOKI
– Gender: Male
– Age: Young
– Breed: Labrador Retriever, Mixed Breed (mixed)
– Read more on Petfinder
RUSSY
– Gender: Male
– Age: Baby
– Breed: Rottweiler, Mixed Breed (mixed)
– Read more on Petfinder
ROBIN
– Gender: Male
– Age: Baby
– Breed: Labrador Retriever, Mixed Breed (mixed)
– Read more on Petfinder
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https://cw33.com/news/local/dogs-available-for-adoption-in-dallas-3/
| 2022-05-10T19:50:16Z
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Fourth Future of Public Health Summit Underscores Power of Partnerships in Improving Community Health
ATLANTA, April 4, 2022 /PRNewswire/ -- Cross-sector partnerships have been used to improve public health over time and present unique opportunities for the U.S. public health system to engage actively with communities and take on future health challenges, achieve health equity and improve the health of communities. That is a central message from the fourth summit in the CDC Foundation's Lights, Camera, Action: Future of Public Health series, which brought together leaders from public health, business, philanthropy, academia, the faith community and community organizations.
As summit speakers and panelists highlighted, creating more vibrant and healthy communities could include local community sectors coming together to address clean water issues, or the global community collaborating to eradicate a disease.
"Most multisector public health partnerships will not have a grand global scale, but that does not make these partnerships any less important or impactful. A community working to address food deserts or access to healthcare could be incredibly transformative for the people living in it," said Judy Monroe, MD, president and CEO of the CDC Foundation.
Strengthening the nation's public health system is essential to creating strong communities. As summit attendees discussed, partnerships can be utilized to build a diverse and effective public health workforce, improve the quality of data used in the public health system and strengthen the laws, governance and financing of public health.
According to CDC Director Rochelle Walensky, MD, MPH, "With partnerships, one plus one can often equal five by amplifying resources, reaching more people, gathering like minds to work for the public good. Partnerships should be developed early, so the foundation is in place long before you might need to rely on each other in an emergency. And we must always remember that partnerships are not a one-way street."
The summit panels explored topics including creating partnerships centered on community voices; harnessing innovation in partnerships to address health challenges; bringing the business and public health sectors together to improve health; and forming collaborations that build trust. The summit presenters highlighted a variety of successful partnerships, including engaging the arts community to address antimicrobial resistance and deploying existing technologies in new ways to solve sanitation and clean water issues in Alaska Native communities.
Building on the topic of establishing trust and sharing power in partnerships, one summit panel highlighted work in Buffalo, NY, that is bringing together the community with the local health system, public health department, university and others to address health inequities.
In describing his approach to partnerships from his community perspective, Pastor George Nicholas of the Buffalo Center for Health Equity noted, "We want to invite you to be in a relationship, in a conversation with us, before we ask you for anything. We want to get to know you, and we want you to get to know us so we can determine if we have a shared vision."
Kelly Wofford, MS, director of health equity at the Erie County Department of Health, discussed the need to show benefit and impact in collaborations. "You have to be able to have conversations about the social determinants of health. … We need to push that upstream, and to do that you need to have conversations."
Summit speakers also emphasized the essential role businesses must play in protecting both employee and community health. According to Stephen Massey, managing director of the Health Action Alliance, "It's become abundantly clear that business is part of public health. … Now is the time for business and public health leaders to work together to strengthen public health. … It's an important moment where we are aligned, and we can proceed from here."
In this discussion, Zoraida Rodríguez Montenegro, senior public policy manager at Uber, described several health programs the company has developed, ranging from free rides for mothers to attend pre- and post-natal doctor's appointments to providing rides to COVID-19 vaccination sites. She also spoke about the need for close dialogue in creating partnerships.
"We need to listen to each other. We have to understand each other and find common ground," said Rodriguez Montenegro. "We have to design solutions that take into account how health care is delivered in communities, in a way that solves barriers to accessing the target population, things like language, access to tech."
An important topic of discussion was the concept of systems change and embracing complexity and interconnectedness in partnerships. Eduardo Sanchez, chief medical officer of the American Heart Association, conveyed that systems change involves an authentic commitment to change, intentionality, doing the things that need to be accomplished, change management and what he termed "anticipatory guidance" to ensure everyone knows what is likely to happen in the process.
In summing up the summit series, the CDC Foundation's Monroe said "Our work is just beginning. Together, what we've been able to do through these four summits is look at learnings from the past to plan for the future. And a central event informing much of our conversation is the COVID-19 pandemic, which provided the latest reminder of the vital importance of public health and need for a future-forward, future-ready public health system."
Full recordings of the fourth summit as well as all previous summits are available on the summit series website at www.futureofpublichealth.org. A podcast that builds on the topic of this summit is available on Contagious Conversations.
The United Health Foundation, the philanthropic foundation of UnitedHealth Group; the Robert Wood Johnson Foundation; and The Pew Charitable Trusts are providing initial support for the Lights, Camera, Action Summit Series. This support is aimed at helping to catalyze actions to rebuild confidence, foster health equity and transform our nation's public health system.
The CDC Foundation convened the summit series in collaboration with the Association of State and Territorial Health Officials (ASTHO), the National Association of County and City Health Officials (NACCHO), Big Cities Health Coalition (BCHC) and other public health partners. The three previous summits in the series focused on achieving a diverse and robust public health workforce, the need to modernize public health data systems and importance of public health law, governance and finance complementing each other.
About the CDC Foundation: The CDC Foundation helps the Centers for Disease Control and Prevention (CDC) save and improve lives by unleashing the power of collaboration between CDC, philanthropies, corporations, organizations and individuals to protect the health, safety and security of America and the world. The CDC Foundation is the go-to nonprofit authorized by Congress to mobilize philanthropic partners and private-sector resources to support CDC's critical health protection mission. Since 1995, the CDC Foundation has raised over $1.6 billion and launched more than 1,200 programs impacting a variety of health threats from chronic disease conditions including cardiovascular disease and cancer, to infectious diseases like rotavirus and HIV, to emergency responses, including COVID-19 and Ebola. The CDC Foundation managed hundreds of programs in the United States and in more than 160 countries last year. Learn more at www.cdcfoundation.org and follow the Foundation on Twitter, Facebook, LinkedIn, Instagram and TikTok.
About ASTHO: ASTHO is the national nonprofit organization representing the public health agencies of the United States, the U.S. territories and Freely Associated States, and Washington, D.C., as well as the more than 100,000 public health professionals these agencies employ. ASTHO members, the chief health officials of these jurisdictions, are dedicated to formulating and influencing sound public health policy and to ensuring excellence in public health practice. For more information, visit https://www.astho.org/.
About BCHC: The Big Cities Health Coalition (BCHC) is a forum for the leaders of America's largest metropolitan health departments to exchange strategies and jointly address issues to promote and protect the health and safety of their residents. Collectively, BCHC member jurisdictions directly impact nearly 62 million people, or one in five Americans. For more information, visit https://www.bigcitieshealth.org.
About NACCHO: The National Association of County and City Health Officials (NACCHO) represents the nation's nearly 3,000 local health departments. These city, county, metropolitan, district and tribal departments work every day to protect and promote health and well-being for all people in their communities. For more information about NACCHO, please visit www.naccho.org.
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SOURCE CDC Foundation
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https://www.wibw.com/prnewswire/2022/04/04/summit-showcases-critical-role-cross-sector-partnerships-community-engagement-future-public-health/
| 2022-04-04T15:36:53Z
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Biden offshore drilling proposal would allow up to 11 sales over next 5 years
NEW ORLEANS (AP) — President Joe Biden’s administration on Friday proposed up to 10 oil and gas lease sales in the Gulf of Mexico and one off the Alaska coast over the next five years — going against the Democrat’s climate promises but scaling back a Trump-era plan that called for dozens of offshore drilling opportunities including in undeveloped areas.
Administration officials said fewer than 11 lease sales — or even no lease sales at all — could occur, with a final decision not due for months. New drilling off the Atlantic and Pacific coasts would be blocked, after being considered under Trump.
The proposal brought backlash from both environmentalists — who accused Biden of betraying the climate cause — and oil industry officials and allies, who said it would do little to help counter high energy prices. Gasoline prices averaged $4.84 a gallon on Friday, a strain on commuters and a political albatross for Biden’s fellow Democrats going into the midterm elections. That has left the White House scrambling for solutions, including Biden’s call last week for suspension of the 18.4 cents a gallon federal gas tax.
The Interior Department had suspended lease sales in late January because of climate concerns but was forced to resume them by a U.S. district judge in Louisiana.
The Biden administration cited conflicting court rulings about that decision when it canceled the last scheduled lease sales in the Gulf and Alaska during the previous offshore leasing cycle. That prior five-year cycle, a program adopted under former President Barack Obama, expired on Thursday.
There will be a months-long gap before a new plan can be put in place. The oil industry and its allies say the delay could cause problems in planning new drilling and potentially lead to decreased oil production.
There’s unlikely to be an offshore lease sale until well into next year, said Frank Macchiarola, senior vice president of the American Petroleum Institute, the industry’s top lobbying group.
And, he said, administration officials “went out of their way to say” there might not be any lease sales at all.
“It’s very important for the administration to send a signal to the global oil markets that the United States is serious about increasing supply ... for the long term,” he said, repeating a longtime claim by industry officials and Republicans that ties uncertainty over oil supply to high prices.
Biden in recent weeks has criticized oil producers and refiners for maximizing profits and making “more money than God,” rather than increasing production in response to higher prices as the economy recovers from the pandemic and feels the effects of Russia’s invasion of Ukraine.
The leasing announcement was a bitter disappointment to environmentalists and some Democrats who rallied around then-candidate Biden when he promised to end new drilling in federal lands and waters.
The proposal comes a day after the administration held its first onshore lease sales, drawing $22 million in an auction that gives energy companies drilling rights on about 110 square miles (285 square kilometers) in seven western states. The sales came despite the administration’s own findings that burning oil and gas from the parcels could cause billions of dollars in potential future climate damages.
“Our public lands and waters are already responsible for nearly a quarter of the country’s carbon pollution each year. Adding any new lease sales to that equation while the climate crisis is unfolding all around us is nonsensical,” said House Natural Resources Committee Chairman Raul Grijalva, D-Arizona.
Cynthia Sartou, executive director of the environmental nonprofit Healthy Gulf, called the lease-sale plan “a huge loss for Gulf residents, American energy policy and the global climate.”
Moderate Democrat Joe Manchin, who chairs the Senate energy committee, welcomed the proposal as a chance “to get our leasing program back on track.”
“While Americans everywhere are suffering from record high gas prices and disruptions in the global oil market caused by (Russian leader Vladimir) Putin’s senseless war in Ukraine, the Department of the Interior hasn’t held any successful offshore lease sales since November 2020,” the West Virginia lawmaker said.
Every previous administration dating back to John F. Kennedy’s had held several lease sales by this point, Macchiarola said.
Under the Trump administration, Interior officials had proposed 47 sales, including 12 in the Gulf of Mexico, 19 in Alaska and nine off the Atlantic coast that were later withdrawn. Trump lost the 2020 election before the proposal was finalized.
The current format of holding Gulf-wide sales was put in place under Obama because of dwindling interest in offshore leases. Prior to that there had been decades of regional sales.
Friday’s announcement opens a 90-day public comment period, then a final plan must be submitted 60 days before it goes into effect.
The government held an offshore lease auction in the Gulf of Mexico in November that brought $192 million in bids. A court canceled that sale before the leases were issued.
Interior Secretary Deb Haaland has said previously that the industry is “set” with the amount of drilling permits stockpiled and at its disposa l. She testified during a House hearing in April that the industry has about 9,000 permits that have been approved but are not being used.
Oil production has increased as the economy recovers from the coronavirus slowdown, but it’s still below pre-pandemic levels. Energy companies have been reluctant to ramp up production further, citing a shortage of workers and restraints from investors wary that today’s high prices won’t last.
Major oil companies reported surging profits in the first quarter and sent tens of billions of dollars in dividends to shareholders.
Athan Manuel of the Sierra Club said delaying offshore sales until next year “is an important step toward protecting communities and climate, and we urge the administration to finalize a plan that commits to no new offshore drilling leases, period.”
__
Brown reported from Billings, Mont. Associated Press writer Matthew Daly in Washington contributed to this story.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.kxii.com/2022/07/01/biden-offshore-drilling-proposal-would-allow-up-11-sales-over-next-5-years/
| 2022-07-02T00:56:58Z
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EAST LANSING, Mich., Aug. 22, 2022 /PRNewswire/ -- The National Academy of Medicine (NAM) has selected Caitlin Rublee, M.D., M.P.H., as the 2022-2024 ABEM NAM Fellow. She is an assistant professor in the Department of Emergency Medicine and Department of Environmental and Occupational Health; assistant fellowship director, Climate and Health Science Policy fellowship; and director of the Graduate Medical Education, Climate and Health Program, University of Colorado School of Medicine and Colorado School of Public Health in Aurora, Colorado.
The overall purpose of the ABEM NAM Fellowship is to provide talented, early career, health science scholars in Emergency Medicine the opportunity to participate in evidence-based health care studies that improve patient care outcomes in domestic and global health care systems. During her two-year fellowship, Dr. Rubble will collaborate with eminent researchers, policy experts, and clinicians from across the country; and will help facilitate initiatives convened by the National Academies to provide nonpartisan, evidence-based guidance to national, state, and local policymakers, academic leaders, health care administrators, and the public. Read more about the ABEM NAM Fellowship here.
The American Board of Emergency Medicine (ABEM) certifies emergency physicians who meet its educational, professional standing, and examination standards. The ABEM mission is to ensure the highest standard in the specialty of Emergency Medicine. ABEM certification is sought and earned by emergency physicians on a voluntary basis. ABEM is not a membership association. ABEM is recognized by the American Board of Medical Specialties.
Contact:
Frances Spring
517-332-4800, ext. 345
fspring@abem.org
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SOURCE American Board of Emergency Medicine
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https://www.kxii.com/prnewswire/2022/08/22/caitlin-rublee-md-mph-named-2022-2024-abem-nam-fellow/
| 2022-08-22T20:56:00Z
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Starbucks adds new summer drinks to its menu
Published: Jun. 22, 2022 at 9:40 AM CDT|Updated: 1 hour ago
(CNN) - Starbucks has added two new summer drinks to the menu.
First is the Pineapple Passionfruit, which is just like it sounds. The flavors of each fruit is hand-shaken with real diced fruit chunks.
The other new drink is the Paradise Drink Refresher, which is the Pineapple Passionfruit plus coconut milk.
Along with the delicious drinks, there is also a new sandwich made with chicken, egg and maple butter on a toasted oat biscuit roll.
Starbucks has also added a cookies and cream cake pop.
All these new items will stay on the permanent Starbucks menu.
Copyright 2022 CNN Newsource. All rights reserved.
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https://www.wibw.com/2022/06/22/starbucks-adds-new-summer-drinks-its-menu/
| 2022-06-22T15:45:40Z
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Gas station owner sells cheaper gas to help others
PHOENIX (3TV/CBS 5/Gray News) – A gas station owner in Phoenix is losing money at his pumps in an effort to help his customers.
According to AZ Family, Jaswiendre Singh is selling gas for $5.19 a gallon – 47 cents cheaper than the purchase price.
With customers buying an average of around 1,000 gallons per day, Singh is losing out on around $500 a day but says it’s worth it.
“People don’t have the money right now,” Singh said. “My mother and my father did teach us to help if you have something.”
Singh gives praise to God for his ability to help others. He and his wife are working more to offset the losses they are feeling at the pump. They make their money inside the store.
In March, Singh was selling his gas for 10 cents less than he bought it for per gallon.
With prices going up around a dollar more a gallon since then, he wanted to try and help as much as he could and lowered the price even more.
“God gave me help. It doesn’t matter. We are not here to make money right now. I’m very happy to help the other people,” Singh said.
Copyright 2022 KTVK/KPHO via Gray Media Group, Inc. All rights reserved.
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https://www.mysuncoast.com/2022/06/10/gas-station-owner-sells-cheaper-gas-help-others/
| 2022-06-10T17:36:47Z
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NEW YORK, July 21, 2022 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Kohl's Corporation ("Kohl's" or the "Company") (NYSE: KSS). Such investors are advised to contact Robert S. Willoughby at newaction@pomlaw.com or 888-476-6529, ext. 7980.
The investigation concerns whether Kohl's and certain of its officers and/or directors have engaged in securities fraud or other unlawful business practices.
On May 20, 2022, Macellum Advisors GP, LLC ("Macellum"), "a long-term holder of nearly 5% of the outstanding common shares of Kohl's", issued a statement addressing "[t]his quarter's extremely disappointing results," which Macellum described as "simply a consequence of a weak Board and management configuration leading to a flawed strategic plan and an inability to execute." Macellum also stated that "the current Board appears to have withheld material information from shareholders about the state of Kohl's in the lead-up to this year's pivotal annual meeting," which "suggests to us a clear breach of fiduciary duty."
On this news, Kohl's stock price fell $5.84 per share, or 12.97%, to close at $39.20 per share on May 20, 2022.
Pomerantz LLP, with offices in New York, Chicago, Los Angeles, Paris, and Tel Aviv, is acknowledged as one of the premier firms in the areas of corporate, securities, and antitrust class litigation. Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions. Today, more than 85 years later, Pomerantz continues in the tradition he established, fighting for the rights of the victims of securities fraud, breaches of fiduciary duty, and corporate misconduct. The Firm has recovered numerous multimillion-dollar damages awards on behalf of class members. See www.pomlaw.com.
CONTACT:
Robert S. Willoughby
Pomerantz LLP
rswilloughby@pomlaw.com
888-476-6529 ext. 7980
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SOURCE Pomerantz LLP
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https://www.wibw.com/prnewswire/2022/07/22/shareholder-alert-pomerantz-law-firm-investigates-claims-behalf-investors-kohls-corporation-kss/
| 2022-07-22T01:05:11Z
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BOSTON, Sept. 14, 2022 /PRNewswire/ -- Biolojic Design, a pioneer in the use of artificial intelligence (AI) in antibody design, today announced the appointment of Ronald Herbst, Ph.D. as Chief Scientific Officer, effective October 3, 2022. A 28-year industry veteran with a proven track record of scientific leadership in Big Pharma and small publicly traded biotechnology companies, Dr. Herbst joins Biolojic Design as the company is expanding its U.S. operations and advancing more computationally designed, smart antibodies into the clinic.
"Having an accomplished scientist and drug developer of Dr. Herbst's caliber at the helm of our U.S. hub demonstrates our commitment to delivering smart therapeutics to patients," said Yanay Ofran, Ph.D., Founder and Chief Executive Officer of Biolojic Design. "Ron brings an unmatched blend of executive experience, intimate understanding of cancer and immunology, and a proven track record in drug development. He will play an important role in expanding our U.S. operations and realizing our vision of bringing our AI-designed, smart antibodies into the clinic.
"I am thrilled and honored to join the team at Biolojic Design and contribute to the inspiring work that Yanay and his team have been pursuing over the past ten years," said Dr. Herbst. "The ability to computationally redesign human antibodies and give them new, never before seen capabilities can revolutionize the treatment of cancer and immunological diseases. The ingenuity at the core of Biolojic Design brings together the best of the biotech and tech industries. I look forward to working with Yanay and the team at Biolojic Design to shepherd a whole new generation of smart therapeutics."
During his 28-year career in the biopharmaceutical industry, Dr. Herbst has applied his expertise to multiple companies and development opportunities, spanning from early-stage to globally established companies. As CSO at Pyxis Oncology, Dr. Herbst was responsible for building out the company's research team and guiding its transition into a clinical-stage company. During his tenure at Pyxis, the company also completed an initial public offering (IPO) that raised $168 million. Previously, he served as Vice President of Research and Development and Head of Oncology Research at MedImmune, the global biologics research and development arm of AstraZeneca, and under his leadership, the oncology group brought 10 novel targets to the clinic. Dr. Herbst's earlier work at MedImmune focused on the respiratory, inflammation, and autoimmunity areas, where he helped to advance four novel molecules into the clinic. Before joining MedImmune, Dr. Herbst served as Senior Principal Investigator in oncology at DNAX, a Schering-Plough biotechnology subsidiary. After earning his Ph.D. at the Ludwig-Maximilian University of Munich, Dr. Herbst conducted his postdoctoral research in the Department of Biology at Stanford University. Dr. Herbst has (co)-authored more than 100 publications and is co-inventor on 17 pending or granted patents.
About Biolojic Design
Biolojic Design is committed to curing patients by designing and developing a pipeline of revolutionary therapeutics. Powered by AI, Biolojic's technology designs single and multi-specific antibodies precisely targeting predefined epitopes to execute novel biological programs. Focusing on cancer and autoimmune diseases, Biolojic develops a pipeline of antibodies that are designed to unlock the full potential of well-studied pathways. To learn more, please visit www.biolojic.com.
Media Inquiries:
Johanna Bennett, Porter Novelli, +1-973-600-7925
Tzahi Hoffman, Gitam Porter Novelli, +972-052-6633399
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SOURCE Biolojic Design
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https://www.wibw.com/prnewswire/2022/09/14/biolojic-design-appoints-ronald-herbst-phd-chief-scientific-officer/
| 2022-09-14T11:52:50Z
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NEW YORK, March 31, 2022 /PRNewswire/ -- F-Factor, a leading dietitian-created program for weight loss and optimal health based on fiber-rich nutrition, announced the hiring of Hugh Dever to the role of Chief Operating Officer, reporting directly to Chief Executive Officer Tanya Zuckerbrot MS, RD.
"I feel honored to join an organization that has helped thousands of people lose weight and improve their health with a scientific, liberating, and sustainable approach." said Mr. Dever. "I am looking forward to working with Tanya, our Registered Dietitians, and the entire team to bring the F-Factor approach and products to more people."
Mr. Dever has nearly 30 years of experience in the consumer-packaged goods and consumer services industries. Prior to F-Factor, he was V.P. of Strategy, Marketing, and Innovation for CEA Fresh Farms, a start-up developing environmentally sustainable solutions to growing, harvesting and delivering fresher and healthier produce to consumers looking for locally produced products. Mr. Dever has previously held brand and general management roles at Procter and Gamble, Weight Watchers International and Chiquita/Fresh Express.
"We are excited for Hugh Dever to join our leadership team and F-Factor to benefit from his impressive experience in the wellness space," said Tanya Zuckerbrot, MS, RD, CEO of F-Factor. "Hugh will be integral to F-Factor's continued growth with a focus on expanding our portfolio of high-fiber/high-protein products, our service business and scaling our digital capabilities."
About F-Factor
Fad diets come and go, but after more than two decades of success stories and ongoing praise from the media, The F-Factor Diet has stood the test of time. Now hailed as the go-to lifestyle program for anyone who wants to improve their health and lose weight for good, F-Factor's scientifically proven approach allows you to see results without hunger, deprivation, or denial. Change your life without disrupting your lifestyle: dine out, drink alcohol, eat carbs, and work out less from Day 1.
The F-Factor Program has been endorsed by numerous physicians and dietitians, including Dr. Jerome Zacks, Assistant Clinical Professor at the Mount Sinai Medical Center: "The F-Factor Diet is packed with critical facts that form the foundation for a knowledge-based approach to lifestyle nutritional success. Tanya's scholarly approach is a gift that gives forever. Her contribution to preventative health care is immeasurable."
To learn more about the F-Factor Program, the bestselling F-Factor Diet Book, and F-Factor products, visit our website at www.ffactor.com, or follow us on Instagram, Facebook and Twitter.
About Tanya Zuckerbrot
Tanya Zuckerbrot, MS, RD, is an internationally-known dietitian, a two-time bestselling author, and the creator and CEO of the renowned F-Factor Diet—a liberating and sustainable approach to weight loss and optimal health based on scientifically proven fiber-rich nutrition. Zuckerbrot has worked in private practice for more than 20 years and has advised thousands of clients, including celebrities, business and government leaders and media personalities to improve their health and manage their weight through nutrition.
Zuckerbrot holds a master's degree in Nutrition and Food Studies from New York University; is an accredited member of the American Dietetic Association, the Greater New York Dietetic Association, and the American Association for Diabetes Educators; and is a member of the National Association of Professional Women. Zuckerbrot holds a Commission of Dietetic Registration (CDR) Certificate of Training in Adult Weight Management as well as a CDR Certificate of Training in Childhood and Adolescent Weight Management.
Media Contact: Abigail Gannon
Agannon@ffactor.com
646.442.3904
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SOURCE F-FACTOR. LLC
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https://www.mysuncoast.com/prnewswire/2022/04/01/f-factor-announces-hiring-hugh-dever-chief-operating-officer/
| 2022-04-01T02:11:00Z
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- Diverse safety initiatives toward "Zero Traffic Collision Fatalities"
- Electrification solutions toward Carbon Neutrality
TORRANCE, Calif., Sept. 12, 2022 /PRNewswire/ -- Honda Motor Co., Ltd. will showcase its latest initiatives to realize carbon neutrality, as well as developments in next-generation driver assist technology, information-communication and control technologies, at the Intelligent Transportation Systems (ITS) World Congress 2022 in Los Angeles, California, September 18-22.
The ITS World Congress is an international conference where participants present and discuss achievements made in the research, development and practical application of ITS technologies for resolving various traffic / transport-related challenges.
- Honda SENSING 360
Featuring omnidirectional sensing which removes blind spots around the vehicle, Honda SENSING 360 contributes to the avoidance of collisions with other vehicles and pedestrians as well as a reduction of the driving burden. The knowledge and know-how amassed through the research and development of Level 3 automated driving technologies have been utilized in the development of Honda SENSING 360. - Honda Drive Data Service
Utilizing driving / vehicle behavior data and location information, the system analyzes and evaluates the traffic environment including locations where brakes are used frequently. Honda Drive Data Service is designed to reduce the risk of traffic collisions by identifying potentially dangerous spots on the road which may cause traffic collisions and enabling the user to improve the traffic infrastructure. - Road Hazard Condition Monitoring System
Honda is piloting a prototype, in-vehicle system that uses ADAS (advanced driver-assistance system) cameras to detect hazardous road conditions such as potholes and construction zones, and provides relevant alerts to drivers and motorcyclists in the vicinity. The system is designed to enhance the safety of everyone sharing the road by calling attention to potential road hazards before vehicles pass through the area. Watch a demonstration of Honda's prototype road hazard condition monitoring system at https://youtu.be/d17_rVID1fE.
- Technology to Understand People
Honda aims to reduce human error that causes traffic collisions to zero by revealing the true factors behind human error through causal analysis of brain activities and risk-taking behavior while driving. - Driver Augmentation HMI (human-machine interface)
This technology helps give peace of mind suited to the driving behavior and respective traffic situation of each individual by providing driver-assistive support. Honda's goal is to reduce the occurrence of human error while driving. - Pedestrian Dart-out Prevention System (Warning System for Pedestrian Terminals)
This system enables cooperation between cars and pedestrians by sending alerts to pedestrians in a potentially dangerous position and enabling them to refrain from darting out in traffic. Moreover, the system notifies vehicles in the vicinity of pedestrians who cannot be seen from the moving vehicle due to obstacles such as parked cars along the roadside. - Safe and Sound Network Technology
Honda will strive for the realization of a "collision-free" mobility society by connecting everyone sharing the road through telecommunications, making it possible to predict potential risks and help people avoid such risks before collisions occur.
- Honda Mobile Power Pack e: (MPP e:)
As part of Honda's pursuit of carbon neutrality, Honda will expand the use of renewable energy through further utilization of Honda's portable and swappable batteries. These batteries can be shared among various products and other electrified products, which take advantage of unique characteristics of MPP e:. - Honda Fuel Cell Systems
A new fuel cell system jointly developed with GM achieves lower cost and long lasting durability. Having the capability to connect multiple units to increase output, the system can expand the application from mobility to power generation for various industries. With this fuel cell system, Honda is striving to popularize the use of hydrogen.
ITS 2022 Honda booth website
Release date and time: Monday, September 19, 2022 at 11:00AM (GMT-7)
URL: https://global.honda/innovation/ITS2022.html
About the 28th ITS World Congress 2022 in Los Angeles, California
- Theme: "Transformation by Transportation"
- Host Organizations: The Intelligent Transportation Society of America - ITS America
- Dates: Sunday, September 18 – Thursday, September 22, 2022
- Host Country: Los Angeles, USA
- Venue: LA Convention Center
- ITS World Congress 2022 official website:
https://www.itsamericaevents.com/world-congress/en-us.html
About Honda Motor Co., Ltd.
Honda Motor Co., Ltd. (NYSE: HMC) is responsible for the development, production and sales of automobiles, motorcycles, power products and aviation products worldwide. Honda now delivers over 30 million products annually through its three product lines. Honda and its partners build products in more than 60 manufacturing plants in 27 countries, employing about 220,000 associates globally. On a global basis by 2050, Honda is striving to achieve carbon neutrality for all products and corporate activities, as well as zero traffic collision fatalities involving Honda automobiles and motorcycles.
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SOURCE American Honda Motor Co., Inc.
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https://www.wibw.com/prnewswire/2022/09/12/overview-honda-exhibits-28th-its-world-congress-2022/
| 2022-09-12T23:20:26Z
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Here are Election Day polling places for Bell, Milam, Falls, Coryell and Lampasas counties, and portions of McLennan and Williamson counties:
Bell County
001 Belton Nazarene Church, 1701 Sparta Road, Belton
002 Belton Annex, 550 E. Second Ave., Belton
003 Belton Annex North, 1605 N. Main St., Belton
004 Belton Senior Center, 842 S. Mitchell, Belton
005 Morgan’s Point Resort Event Center, 60 Morgan’s Point Blvd., Morgan’s Point Resort
006 Bliss Community Center, 109 S. Evans, Little River-Academy
007 Liberty Christian Center, 4107 Westcliff Rd., Killeen
008 Holland Fire Department, 101 W. Travis St., Holland
009 Christian House of Prayer, 3300 E. Stan Schlueter Loop, Killeen
010 J.W. Sims Community Center, 408 N. Tenth St., Nolanville
011 VFW Post No. 3892, 201 VFW Drive, Harker Heights
012 Harker Heights Parks & Recreation Center, 307 Miller’s Crossing, Harker Heights
013 Salado Church of Christ Activities Center, 217 N. Stagecoach Rd., Salado
014 Vista Community Church, 7051 Stonehollow, Temple
015 Jackson Professional Learning Center, 902 Rev. R.A. Abercrombie Drive, Killeen
016 Killeen Senior Center @ Lions Club Park, 1700 E. Stan Schleuter Loop, Killeen
017 Grace Christian Center, 1401 E. Elms Rd., Killeen
018 St. Paul Chong Hasang Catholic Church, 1000 E FM 2410, Harker Heights
019 First Baptist Church of Trimmier, 6405 Chapparral Road, Killeen
020 Troy Community Center, 201 E. Main, Troy
021 VFW Post No. 1820, 3302 Airport Rd., Temple
022 Jefferson Elementary, 2616 N. Third St., Temple
023 A&E Storage, 4970 E. U.S. Highway 190, Temple
024 Cross Church on Birdcreek, 2202 Birdcreek Drive, Temple
025 Immanuel Baptist Church, 1401 W. Central Ave., Temple
026 Temple College Pavillion-Leopard Room 2800, 130 E. Marvin R. Felder Drive, Temple
027 Temple ISD Administration Bldg., 401 Santa Fe Way, Temple
028 Meridith-Dunbar Early Childhood Academy, 1717 E. Ave. J, Temple
029 St. Joseph Catholic Church Fellowship Hall, 20120 FM 485, Burlington
030 First Baptist Church of Moffat, 13929 Moffat Road, Temple
031 First Baptist Church of Rogers, 5 Prairie Ave., Rogers
032 Raye-Allen Elementary School, 5015 S. Fifth St., Temple
033 Boys Ranch, 3275 Boys Ranch Road, Kempner
034 Robert M. Shoemaker High School, 3302 Clear Creek Road, Killeen
035 Killeen Annex, 304 Priest Drive, Killeen
036 Triple 7 Fire Station, 258 Triple 7 Trail, Killeen
037 Skyline Baptist Church, 906 Trimmier Rd., Killeen
038 West Bell Water Supply Office, 4201 Chaparral Road, Killeen
039 Killeen Utilities Department, 210 W. Ave. C, Killeen
040 Sugar Loaf Elementary School, 1517 Barbara Lane, Killeen
041 Roy J. Smith Middle School, 6000 Brushy Creek Drive, Killeen
042 Bartlett City Hall, 140 W. Clark Street, Bartlett
Milam County
CH Yoe High School, 303 E. 12th St., Cameron
Buckholts Community Center, 110 W. Main, Buckholts
Rockdale Hospital, 1700 Brazos Ave., Rockdale
Thorndale VFW Post, 302 Moerbe St., Thorndale
Coryell County
Copperas Cove Civic Center, 1206 W. Ave. B, Copperas Cove
Copperas Cove Early Voting Center, 508 B Cove Terrace, Copperas Cove
Evant City Hall, 598 E. Highway 84, Evant
Oglesby Community Center, 118 Main St., Oglesby
Gatesville Annex, 801 E. Leon St., Gatesville
Falls County
D. Brown Library, 203 N. Second St., Rosebud
Chilton Volunteer Fire Department, 2589 State Highway 7, Chilton
Lampasas County
Lampasas Elections Office, 402 S. Pecan St., Suite 102, Lampasas
Kempner Fire Department and Training Center, 315 S. Pecan St., Kempner
Lometa City Hall, 100 E. San Saba St., Lometa
McLennan County
Bruceville-Eddy ISD Special Events Center, 1 Eagle Drive, Bruceville-Eddy
Moody First United Methodist Church, 500 Sixth St., Moody
Williamson County
Bartlett City Hall, 140 W Clark St., Bartlett
Florence City Hall, 851 FM 970, Florence
First Baptist Church, 301 E. Mesquite, Granger
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https://www.tdtnews.com/news/central_texas_news/article_6c1eef2c-da54-11ec-887f-734f4348152e.html
| 2022-05-23T05:55:03Z
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ARLINGTON, Va., April 20, 2022 /PRNewswire/ -- BlueHalo has delivered its LOCUST system to be integrated into the Palletized High Energy Laser (P-HEL) system. The Army Rapid Capabilities and Critical Technologies Office (RCCTO), in support of the Joint Counter-small Unmanned Aircraft Systems Office (JCO), has established the P-HEL program to address the growing threat of small unmanned aircraft systems (sUAS) by developing this counter-sUAS (C-sUAS) prototype. The JCO intends to evaluate the P-HEL in an operationally relevant environment this spring at Yuma Proving Grounds (YPG), to be followed by possible deployment of the system overseas for further evaluation and operational use. The delivered LOCUST system performed well as part of the integrated P-HEL C-UAS system during a recent risk reduction field event, tracking, engaging, and defeating several UAS targets.
BlueHalo was chosen to deliver its LOCUST system due to its long corporate heritage in laser weapons and tracking systems, and also due to recent demonstrated performance of the value of lasers during the Directed Energy Maneuver-Short Range Air Defense (DE M-SHORAD) Combat Shoot-Off (CSO) in July 2021. BlueHalo's LOCUST system demonstrates the company's commitment to soldier-centered design and rapid transition to mature prototype. The system combines precision optical and laser hardware with advanced software, algorithms, and processing to enable and enhance the directed energy "kill chain", which includes tracking, identifying, and engaging a wide variety of targets with its hard-kill HEL.
"BlueHalo's mature LOCUST system provides proven 'laser quality' precision electro-optic/infrared, pointing, tracking, identification, and hard-kill against a wide variety of Unmanned Aerial Systems," said Jonathan Moneymaker, BlueHalo's Chief Executive Officer. "Even more impressive is the fact that it does this while also serving as a highly capable Intelligence, Surveillance and Reconnaissance data collection and discrimination asset."
LOCUST represents one product in BlueHalo's suite of C-sUAS mission solutions where the Company remains heavily committed having invested significantly in standing up manufacturing infrastructure and capabilities. BlueHalo is actively building multiple LOCUST products and is positioning to meet future demands in quantity.
"Our laser weapon is a key part of BlueHalo's LOCUST family of products that leverage decades of experience on a wide variety of Directed Energy Weapon programs, dating back to the Airborne Laser, Airborne Tactical Laser, and High Energy Laser Mobile demonstrator, culminated by our investments in the laser weapon system," added Dan Gillings, BlueHalo Sector President. "We are thrilled that our team is participating in the P-HEL program."
About BlueHalo
BlueHalo is purpose-built to provide industry-leading capabilities in the domains of Space Superiority, Space Technology, Directed Energy/Counter-Unmanned Aircraft Systems (c-UAS), Autonomy, Advanced Radio Frequency (RF), Cyber, and Signals Intelligence (SIGINT). BlueHalo focuses on inspired engineering to develop, transition, and field next-generation capabilities to solve the most complex challenges of our customers' critical missions and reestablish our national security posture in the near-peer contested arena. www.bluehalo.com
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https://www.wibw.com/prnewswire/2022/04/20/bluehalo-locust-laser-weapon-system-delivered-palletized-high-energy-laser-p-hel-program/
| 2022-04-20T15:44:11Z
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Curis working with clinical sites to resume enrollment
Preliminary clinical data update expected in 2023
LEXINGTON, Mass., Aug. 18, 2022 /PRNewswire/ -- Curis, Inc. (NASDAQ: CRIS), a biotechnology company focused on the development of innovative therapeutics for the treatment of cancer, today announced that the U.S. Food and Drug Administration (FDA) has lifted the partial clinical hold on the TakeAim Lymphoma Phase 1/2 study of emavusertib after reviewing the comprehensive data package submitted by Curis.
"We are excited to announce that FDA has completed its review of the TakeAim Lymphoma study and has lifted the partial clinical hold. We are working with our clinical sites to quickly resume enrollment of new patients in this study in the third quarter," said James Dentzer, President and Chief Executive Officer of Curis.
Previously, Curis announced that the FDA had placed separate partial clinical holds on the TakeAim Leukemia and TakeAim Lymphoma studies on April 4 and April 11, 2022, respectively. The partial hold on the TakeAim Leukemia study was issued by the FDA Division of Hematologic Malignancies 1 (DHM1), which regulates clinical studies in leukemia. The partial hold on the TakeAim Lymphoma study, and the lifting of that hold, was issued by the FDA Division of Hematologic Malignancies 2 (DHM2), which regulates clinical studies in lymphoma. The partial clinical hold was lifted following agreement with the FDA on Curis's strategy for rhabdomyolysis identification and management, as well as on the enrollment of at least nine additional patients at the 200 mg dose level of emavusertib in combination with ibrutinib.
With the partial clinical hold lifted on the TakeAim Lymphoma study, the Company is updating its timeline for clinical data release to reflect the availability of updated preliminary data from this study in 2023. In addition, Curis is proactively discussing the clinical plans for emavusertib, including alignment on optimal dose and development path, with DHM2 for the TakeAim Lymphoma study.
About Emavusertib (CA-4948)
Emavusertib is an IRAK4 kinase inhibitor and IRAK4 plays an essential role in the toll-like receptor (TLR) and interleukin-1 receptor (IL-1R) signaling pathways, which are frequently dysregulated in patients with cancer. TLRs and the IL-1R family signal through the adaptor protein MYD88, which results in the assembly and activation of IRAK4, initiating a signaling cascade that induces cytokine and survival factor expression mediated by the NF-κB protein complex. Additionally, third parties have recently discovered that the long form of IRAK4 (IRAK4-L) is oncogenic and preferentially expressed in over half of patients with acute myeloid leukemia (AML) and myelodysplastic syndrome (MDS). The overexpression of IRAK4-L is believed to be driven by a variety of factors, including specific spliceosome mutations such as SF3B1 and U2AF1. In addition to inhibiting IRAK4, emavusertib was also designed to inhibit FLT3, a known oncologic driver, which may provide additional benefit in patients with AML and MDS.
About TakeAim Leukemia
The TakeAim Leukemia study (NCT04278768) is a Phase 1/2 open-label dose escalation, dose expansion clinical trial investigating emavusertib as a monotherapy and in combination with azacitidine or venetoclax in patients with relapsed or refractory (R/R) AML or high risk MDS. After dose escalation in both monotherapy and combination therapy to determine the recommended Phase 2 dose (RP2D), we plan to expand five cohorts: monotherapy in AML patients with spliceosome and FLT3 mutations, monotherapy in patients with MDS and spliceosome mutations and combination therapy with azacitidine or venetoclax in patients without spliceosome or FLT3 mutations. The goals of the study are to determine several parameters including safety, maximum tolerated dose (MTD), RP2D and signals of activity.
About TakeAim Lymphoma
The TakeAim Lymphoma study (NCT03328078) is a Phase 1/2 open-label, dose escalation, dose expansion clinical trial investigating emavusertib as monotherapy and in combination with ibrutinib in patients with R/R hematologic malignancies, such as non-Hodgkin's lymphoma and other B cell malignancies. After dose escalation in both monotherapy and combination therapy to determine the RP2D, we plan to expand four cohorts for combination treatment: marginal zone lymphoma, activated b-cell diffuse large b-cell lymphoma, primary CNS lymphoma, and patients developing adaptive resistance to ibrutinib monotherapy. The goals of the study are to determine several parameters including safety, MTD, RP2D and signals of activity.
About Curis, Inc.
Curis is a biotechnology company focused on the development of innovative therapeutics for the treatment of cancer. In 2015, Curis entered into a collaboration with Aurigene in the areas of immuno-oncology and precision oncology. As part of this collaboration, Curis has exclusive licenses to oral small molecule antagonists of immune checkpoints including the VISTA/PDL1 antagonist CA-170, and the TIM3/PDL1 antagonist CA-327, as well as the IRAK4 kinase inhibitor, emavusertib (CA-4948). Emavusertib is currently undergoing testing in the Phase 1/2 TakeAim Lymphoma trial, in patients with hematologic malignancies, such as non-Hodgkin's lymphoma and other B cell malignancies, both as a monotherapy and in combination with BTK inhibitor ibrutinib, and the Phase 1/2 TakeAim Leukemia trial in patients with AML and MDS, for which it has received Orphan Drug Designation from the U.S. Food and Drug Administration. The FDA has placed a partial clinical hold on the TakeAim Leukemia trial during which no new patients will be enrolled, and current study participants benefiting from treatment may continue to be treated with emavusertib at doses of 300mg BID or lower. In addition, Curis is engaged in a collaboration with ImmuNext for development of CI-8993, a monoclonal anti-VISTA antibody, which is currently undergoing testing in a Phase 1 trial in patients with solid tumors. Curis is also party to a collaboration with Genentech, a member of the Roche Group, under which Genentech and Roche are commercializing Erivedge® for the treatment of advanced basal cell carcinoma.
For more information, visit Curis's website at www.curis.com.
Cautionary Note Regarding Forward-Looking Statements:
This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, including, without limitation, any statements with respect to Curis's plans, strategies and objectives to resume and further patient enrollment in its TakeAim Lymphoma trial and its ability to resolve the partial clinical hold of the TakeAim Leukemia study, statements concerning product research, development, clinical trials and studies and commercialization plans, timelines, anticipated results or the therapeutic potential of drug candidates including any statements regarding the initiation, progression, expansion, use, safety, efficacy, dosage and potential benefits of emavusertib in clinical trials as a monotherapy and/or as a combination therapy, Curis's plans and timelines to provide preliminary, interim and/or additional data from its ongoing or planned clinical trials, any statements concerning Curis's expectations regarding its interactions with the FDA, statements with respect to mutations or potential biomarkers, and statements of assumptions underlying any of the foregoing. Forward-looking statements may contain the words "believes," "expects," "anticipates," "plans," "intends," "seeks," "estimates," "assumes," "predicts," "projects," "targets," "will," "may," "would," "could," "should," "continue," "potential," "focus," "strategy," "mission," or similar expressions. These forward-looking statements are not guarantees of future performance and involve risks, uncertainties, assumptions and other important factors that may cause actual results to be materially different from those indicated by such forward-looking statements. For example, the FDA may not remove the partial clinical hold on the Phase 1/2 TakeAim Leukemia trial or may take further regulatory action with regard to such trials. Curis may experience adverse results, delays and/or failures in its drug development programs and may not be able to successfully advance the development of its drug candidates in the time frames it projects, if at all. Curis's drug candidates may cause unexpected toxicities, fail to demonstrate sufficient safety and efficacy in clinical studies and/or may never achieve the requisite regulatory approvals needed for commercialization. Favorable results seen in preclinical studies and early clinical trials of Curis's drug candidates may not be replicated in later trials. There can be no guarantee that the collaboration agreements with Aurigene and ImmuNext will continue for their full terms, or the CRADA with NCI, that Curis or its collaborators will each maintain the financial and other resources necessary to continue financing its portion of the research, development and commercialization costs, or that the parties will successfully discover, develop or commercialize drug candidates under the collaboration. Regulatory authorities may determine to delay or restrict Genentech's and/or Roche's ability to continue to develop or commercialize Erivedge in basal cell carcinoma (BCC). Erivedge may not demonstrate sufficient or any activity to merit its further development in disease indications other than BCC. Competing drugs may be developed that are superior to Erivedge. In connection with its agreement with Oberland Capital, Curis faces risks relating to the transfer and encumbrance of certain royalty and royalty-related payments on commercial sales of Erivedge, including the risk that, in the event of a default by Curis or its wholly-owned subsidiary, Curis could lose all retained rights to future royalty and royalty-related payments, Curis could be required to repurchase such future royalty and royalty-related payments at a price that is a multiple of the payments it has received, and its ability to enter into future arrangements may be inhibited, all of which could have a material adverse effect on its business, financial condition and stock price. Curis will require substantial additional capital to fund its business. If it is not able to obtain sufficient funding, it will be forced to delay, reduce in scope or eliminate some of its research and development programs, including related clinical trials and operating expenses, potentially delaying the time to market for, or preventing the marketing of, any of its product candidates, which could adversely affect its business prospects and its ability to continue operations, and would have a negative impact on its financial condition and its ability to pursue its business strategies. Curis faces substantial competition. Curis and its collaborators face the risk of potential adverse decisions made by the FDA and other regulatory authorities, investigational review boards, and publication review bodies. Curis may not obtain or maintain necessary patent protection and could become involved in expensive and time-consuming patent litigation and interference proceedings. Unstable market and economic conditions, natural disasters, public health crises, political crises and other events outside of Curis's control could significantly disrupt its operations or the operations of third parties on which Curis depends and could adversely impact Curis's operating results and its ability to raise capital. For example, the COVID-19 pandemic may result in closures of third-party facilities, impact enrollment in clinical trials or impact sales of Erivedge by Genentech and/or Roche. The extent to which the COVID-19 pandemic may impact Curis's business or operating results is uncertain. Other important factors that may cause or contribute to actual results being materially different from those indicated by forward-looking statements include the factors set forth under the captions "Risk Factor Summary" and "Risk Factors" in our most recent Form 10-K and Form 10-Q, and the factors that are discussed in other filings that we periodically make with the Securities and Exchange Commission ("SEC"). In addition, any forward-looking statements represent the views of Curis only as of today and should not be relied upon as representing Curis's views as of any subsequent date. Curis disclaims any intention or obligation to update any of the forward-looking statements after the date of this press release whether as a result of new information, future events or otherwise, except as may be required by law.
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https://www.wibw.com/prnewswire/2022/08/18/fda-lifts-partial-clinical-hold-takeaim-lymphoma-study-emavusertib/
| 2022-08-18T12:35:06Z
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NEW YORK, April 28, 2022 /PRNewswire/ --
If you own shares in any of the companies listed above and
would like to discuss our investigations or have any questions concerning
this notice or your rights or interests, please contact:
Joshua Rubin, Esq.
Weiss Law
305 Broadway, 7th Floor
New York, NY 10007
(212) 682-3025
(888) 593-4771
stockinfo@weisslawllp.com
Sierra Oncology, Inc. (NASDAQ: SRRA)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Sierra Oncology, Inc. (NASDAQ: SRRA), in connection with the proposed acquisition of SRRA by GlaxoSmithKline plc. Under the terms of the merger agreement, SRRA shareholders will receive $55.00 in cash for each share of SRRA common stock owned. If you own SRRA shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/srra
Huttig Building Products, Inc. (NASDAQ: HBP)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Huttig Building Products, Inc. (NASDAQ: HBP), in connection with the proposed tender offer for HBP by Woodgrain Inc. Under the terms of the tender offer, HBP shareholders will receive $10.70 in cash for each share of HBP common stock owned. If you own HBP shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/hbp
Emclaire Financial Corp (NASDAQ: EMCF)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Emclaire Financial Corp (NASDAQ: EMCF) in connection with its proposed merger with Farmers National Banc Corp. ("Farmers"). Under the terms of the merger agreement, each shareholder of EMCF may elect to receive either $40.00 per share in cash or 2.15 shares of Farmers' common stock, subject to an overall limitation of 70% shares and 30% cash. If you own EMCF shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/emcf
Vidler Water Resources, Inc. (NASDAQ: VWTR)
Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Vidler Water Resources, Inc. (NASDAQ: VWTR), in connection with the proposed acquisition of VWTR by D.R. Horton, Inc. via a tender offer. Under the terms of the merger agreement, the VWTR shareholders will receive $15.75 in cash for each share of VWTR common stock owned. If you own VWTR shares and wish to discuss this investigation or your rights, please call us at one of the numbers listed above or visit our website: https://www.weisslaw.co/news-and-cases/vwtr
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https://www.wibw.com/prnewswire/2022/04/29/shareholder-alert-weiss-law-reminds-srra-hbp-emcf-vwtr-shareholders-about-its-ongoing-investigations/
| 2022-04-29T11:15:39Z
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CHARLOTTE, N.C., June 17, 2022 /PRNewswire/ -- Claflin University announces that Bank of America will invest $500,000 to support the University's Center for Social Justice and the Pathways From Prison Program. The Pathways From Prison Program is a historic collaboration between Claflin and the South Carolina Department of Corrections (SCDC) that provides incarcerated individuals in South Carolina access to the University's exceptional academic programs.
Incarcerated individuals that meet Claflin and SCDC requirements can earn a bachelor's degree in criminal justice, psychology, and organizational management. They can also earn minors and certificate credentials.
Bank of America's investment will support student scholarships; enhance technological resources such as laptops, keyboards, printers, routers, and wi-fi hotspots. Funding for the partnership will also be used to increase the number of qualified faculty and staff to ensure incarcerated students receive the same high-quality educational experience that has earned Claflin national recognition as one of the nation's premier liberal arts universities.
"We are extremely grateful for Bank of America's support for our Center for Social Justice and the Pathways From Prison Program. Research indicates a dramatic reduction in recidivism rates for incarcerated individuals who participate in prison education programs," said Claflin President Dr. Dwaun J. Warmack, a 2019 USA Eisenhower Fellow. Warmack's research during his fellowship explored global best practices for reducing mass incarceration through education and rehabilitation.
"Bank of America's reputation as a global leader in banking and finance is widely recognized. This partnership amplifies their commitment to equality, equity, and expanding economic opportunities for diverse populations."
"Education is a gateway to a better life," said Kim Wilkerson, President, Bank of America South Carolina. "We appreciate Claflin University's leadership and recognize the success and progress made through the Pathways From Prison Program. Issues of racial equality and economic opportunity are deeply connected, and it's important to remove the barriers to success and focus on areas where systemic, long-term gaps have existed."
The Pathways From Prison Program was established through the Second Chance Pell Grant Pilot Program, a U.S. Department of Education (DOE) initiative. The grant provides need-based Federal Pell Grants to individuals incarcerated in federal and state prisons. Claflin University was the only historically black college/university (HBCU) in South Carolina among 67 colleges and universities nationwide selected for the program.
Claflin University
Claflin University is a comprehensive institution of higher education affiliated with the United Methodist Church. A historically black University founded in 1869, Claflin is dedicated to providing a student-centered, liberal arts education grounded in cutting-edge research, experiential learning, state-of-the art technology, community service, and life-long personal and professional fulfillment. Claflin is a diverse and inclusive community of students, faculty, staff and administrators who work to cultivate practical wisdom, judgment, knowledge, skills and character needed for globally engaged citizenship and effective leadership.
Bank of America Environmental, Social and Governance
At Bank of America (NYSE: BAC), we're guided by a common purpose to help make financial lives better, through the power of every connection. We're delivering on this through responsible growth with a focus on our environmental, social and governance (ESG) leadership. ESG is embedded across our eight lines of business and reflects how we help fuel the global economy, build trust and credibility, and represent a company that people want to work for, invest in and do business with. It's demonstrated in the inclusive and supportive workplace we create for our employees, the responsible products and services we offer our clients, and the impact we make around the world in helping local economies thrive. An important part of this work is forming strong partnerships with nonprofits and advocacy groups, such as community, consumer and environmental organizations, to bring together our collective networks and expertise to achieve greater impact. Connect with us on Twitter (@BofA_News).
For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.
Reporters may contact:
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https://www.mysuncoast.com/prnewswire/2022/06/17/claflin-university-receives-500000-bank-america-support-center-social-justice/
| 2022-06-17T13:02:20Z
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Police say another female athlete killed in Kenya
By MUTWIRI MUTUOTA
Associated Press
NAIROBI, Kenya (AP) — Kenyan police say that another female runner has been killed in the high-altitude training town of Iten and a search is on for the athlete’s partner. Damaris Muthee Mutua was found dead at the home of her boyfriend. He was identified as Ethiopian runner Koki Fai and Keiyo County police chief Tom Maruko said he was suspected of murder in the killing and might have fled the country. Mutua’s death echoed the killing of Olympic runner and two-time world championship bronze medalist Agnes Tirop. She was stabbed to death at her home in Iten in October and her partner has been charged with murder.
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https://localnews8.com/sports/ap-national-sports/2022/04/19/police-say-another-female-athlete-killed-in-kenya/
| 2022-04-20T01:57:20Z
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WCC partners with automotive industry to prepare students for EV and mobility jobs of today and tomorrow
ANN ARBOR, Mich., Sept. 13, 2022 /PRNewswire/ -- Washtenaw Community College (WCC) will attend the North American International Auto Show in Detroit this week, highlighting its programs to prepare the EV and mobility workforce of today and tomorrow.
With its all-electric Ford Mustang Mach-E and demonstrations of Umlaut automotive cybersecurity workbenches identical to those used in industry, WCC will showcase its integrated approach and cutting-edge technology used to prepare students for careers in the rapidly changing automotive industry.
A leader among its peers in training students for mobility jobs of the future, WCC will be the only community college at the Detroit Auto Show's AutoMobili-D days on Wednesday and Thursday, Sept. 14-15. Automotive industry companies are invited to WCC's booth on the main floor of the Huntington Place in downtown Detroit to visit with automotive and cybersecurity faculty.
The college, located about 30 miles from Detroit, partners closely with business and industry to understand workforce needs and develop programs to educate and train the mobility talent pipeline.
At any given time the college enrolls 1,000 students in more than 60 automotive and cybersecurity technology career pathways and courses for skill-building and job training.
Highlights of WCC's efforts in the transportation and mobility landscape in recent years include:
- In 2014 WCC launched its Advanced Transportation Center, uniquely combining automotive technologies, advanced manufacturing and IT into a holistic curriculum approach.
- In 2017 WCC became the only community college to join the University of Michigan-led Center for Connected and Automated Transportation (CCAT). WCC's role in the consortium is to apply the research and knowledge gained from this partnership in the classroom.
- In 2020 the college was designated as a National Center of Academic Excellence in Cyber Defense Education by the U.S. National Security Agency and the Department of Homeland Security. The college offers a Cybersecurity Associate Degree, an Automotive Cybersecurity Certificate and other cyber certificates, in addition to transportation technologies programs.
- In 2021 WCC was the first community college in the state to acquire the EV Ford Mustang Mach-E to prepare students for the rapidly evolving automotive industry. During the past academic year, the Mach-E has been integrated into the curriculum to help students learn how to diagnose, repair and calibrate advanced driver assistance systems and battery electric motor powertrains.
- This Fall semester WCC debuted its new Automotive Cybersecurity Lab. The lab features state-of-the-art Umlaut workbenches that allow students to complete hands-on exercises to test automobile network and infrastructure security, helping to protect drivers from cybersecurity attacks. Visitors to WCC's Auto Show booth can see this workbench in action.
Washtenaw Community College (WCC), Ann Arbor, Mich., educates students through a wide range of associate and certificate programs in areas such as health care, business, STEM and advanced transportation and mobility. WCC offers accelerated and online programs and was ranked the number one community college in Michigan, according to schools.com. WCC is committed to student success, with nearly 70% of students intending to transfer to complete a bachelor degree. The college also works through community, business and union partnerships to develop highly specialized training programs to meet the region's workforce talent needs.
For more information about Washtenaw Community College, visit www.wccnet.edu.
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https://www.kxii.com/prnewswire/2022/09/13/washtenaw-community-college-showcases-ev-cybersecurity-training-north-american-international-auto-show/
| 2022-09-13T21:50:12Z
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SAN ANTONIO, July 6, 2022 /PRNewswire/ -- Cottonwood Group ("Cottonwood"), a private equity real estate investment firm, is pleased to announce that it has acquired a 636-unit multifamily portfolio (the "Portfolio") located in San Antonio, Texas with Dallas-based Texsun Holdings ("Texsun") for ownership and investment in San Mateo Apartments, located at 3787 Perrin Central Blvd. and Heights on Perrin Apartments, located at 2555 NE Interstate 410 Loop.
The Portfolio benefits from a desirable location in San Antonio's northeast submarket with proximity to some of the city's major employers, including Amazon, Rackspace and Southwest Airlines. The Portfolio is also proximate to an abundance of mixed-use, retail, entertainment and recreation destinations, including Alamo Heights, The Quarry, Terrell Plaza, multiple golf courses, resorts and parks.
"We acquired the Portfolio through our Cottonwood Real Estate Founders Fund, which targets opportunities with a special situation profile. This acquisition opportunity was particularly compelling due to its attractive cost basis, desirable location with positive demographic and employment drivers, and strong operating partner," said Mark Green, Cottonwood's Chief Investment Officer. "We are excited to partner with the Texsun team on this acquisition, a firm whose operational expertise and track record complement our capabilities on the capital markets side, and we look forward to a successful joint venture going forward."
The business plan includes a renovation and repositioning of the Portfolio, for which Cottonwood and Texsun have budgeted approximately $7 million, as well as transitioning management of the Portfolio to ResProp, a multifamily property management firm founded in 2010 that operates more than 9,500 units across 65 properties.
"We are enthusiastic about our partnership with Cottonwood and are eager to grow our footprint in a market supported by excellent growth fundamentals, favorable renter demographics, and limited new supply," said Sean Fogelman, Managing Partner and Co-Founder of Texsun Holdings. "The Portfolio is extremely well located, has very evident operational upside, and with the implementation of our capex plan, we will be able to bring its performance up to the submarket and competitive set norms."
This is Texsun's eighth acquisition in the central Texas corridor, spanning from Dallas to San Antonio, and the firm is focused on expanding its Portfolio in the area.
Headquartered in Los Angeles, Cottonwood is a private equity real estate investment firm focused on equity and debt opportunities across all property sectors and geographies. The firm's ability to act as a lender, investor, operator, and sponsor of real estate investments of all sizes and complexities is fundamental to delivering a risk-adjusted absolute return for investors. Investing out of its discretionary Cottonwood Real Estate Founders Fund and separate institutional accounts, Cottonwood targets U.S. real estate opportunities with a capitalization of up to $1 billion. For more information, visit www.cottonwoodmgmt.com.
Headquartered in Dallas, Texsun Holdings is a privately-owned real estate private equity firm offering commercial real estate solutions for both retail and institutional investors. Texsun applies a fundamental-oriented approach toward acquiring and managing core-plus and value-add multifamily assets throughout Texas. For more information, visit www.texsunholdings.com.
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https://www.wibw.com/prnewswire/2022/07/06/cottonwood-group-texsun-holdings-acquire-636-unit-multifamily-portfolio-san-antonio/
| 2022-07-06T18:11:05Z
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Stardog will power Caden's platform, enabling consumers to safely and securely aggregate and monetize their digital data
ARLINGTON, Va., May 19, 2022 /PRNewswire/ -- Stardog, the leading Enterprise Knowledge Graph (EKG) platform provider, today announced that Caden, the first Open Data platform, has selected Stardog to provide unique semantic and data virtualization capabilities for its suite of products.
Caden's platform will provide users with ownership and control over their personal data to ensure the ethical and effective use of it by brands that seek to serve them. Users will manage their data within Caden's Data Vault™, providing individuals with the ability to control access and monetize their personal data with trusted companies of their choosing. With explicit user consent, brands can then leverage this unique intelligence to power recommendations, communications, promotions, advertisements, and insights that unlock meaningful value to the user. Stardog will underpin Caden's platform with its unique technology to organize disconnected data sets into comprehensive knowledge graphs, ultimately providing a deeper level of context to the data it connects.
"Stardog's ability to help us consume data sets from a disparate set of data silos while applying multiple inference schemas and models is critical to making sense of such a grand scale of data," said John Roa, CEO of Caden. "Leveraging Stardog, we can literally connect the dots amongst billions of disconnected data sets to empower consumers to take control of their data while providing new insights to brands that will revolutionize one-to-one marketing and communications."
Caden's vision is to transform the digital economy through a two-sided data marketplace that centralizes and connects personal data to the benefit of both brands and consumers. The company's core products include HotLink—the "Plaid" of personal data, helping consumers access their data stuck inside large consumer brands—and Vault—an encrypted, on-device personal data wallet. Trusted brands can then request access to insights inside of a user's Vault via a Consent API, creating the first true marketplace for zero-party data.
"At Stardog, our mission is to integrate data in a complex world to improve the lives of people and the effectiveness of organizations. Caden's mission to unite data from across the internet in a way that provides value to both consumers and brands is highly aligned with our mission," said Stardog CEO and Founder Kendall Clark. "We're looking forward to helping Caden turn disparate data into actionable knowledge at scale."
Additional Resources
Read how knowledge graphs work.
Download the commissioned Forrester Consulting study: Total Economic Impact of Stardog Enterprise Knowledge Graph
Please Tweet: @cadenhq selects @StardogHQ #EnterpriseKnowledgeGraph to power their #data marketplace, making the Internet a better place for consumers and the trusted brands who serve them #knowledgegraph #datamanagement #datafabric
About Stardog
Stardog is the ultimate semantic data layer to get better insight faster. Organizations like Boehringer Ingelheim, Schneider Electric, and NASA rely on the Stardog Enterprise Knowledge Graph to accelerate insights from data lakes, data warehouses, or any enterprise data source with as much as 320% ROI, according to a commissioned Forrester Consulting Study. Learn more at stardog.com.
About Caden
Caden, the first Open Data platform, will provide consumers and brands with an equitable and consent-based marketplace to manage and monetize personal data. Founded in 2021 by technologist and serial founder John Roa, the company has been backed by technology pioneers including Jerry Yang (Yahoo Co-Founder) and Wenda Harris Millard (DoubleClick Founding Team), business leaders including Barry Sternlicht (Starwood Capital), as well as venture funds including Motivate Venture Capital, AAF Management Inc. and AME Cloud Ventures.
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SOURCE Stardog
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https://www.kxii.com/prnewswire/2022/05/19/caden-open-data-platform-founded-by-serial-entrepreneur-john-roa-backed-by-legendary-investors-jerry-yang-barry-sternlicht-taps-stardog/
| 2022-05-19T14:06:42Z
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TULSA, Okla, July 5, 2022 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) will release its second quarter 2022 earnings after the market closes on Monday, August 1, 2022.
The ONE Gas executive management team will participate in a conference call the following day, Tuesday, August 2, 2022, at 11 a.m. Eastern Daylight Time (10 a.m. Central Daylight Time).
The call also will be carried live on the ONE Gas website.
If you are unable to participate in the conference call or the webcast, the replay will be available on the ONE Gas website, www.onegas.com, for 30 days. A recording will be available by phone for seven days. The playback call may be accessed at 888-203-1112, pass code 2645252.
ONE Gas, Inc. (NYSE: OGS) is a 100-percent regulated natural gas utility, and trades on the New York Stock Exchange under the symbol "OGS." ONE Gas is included in the S&P MidCap 400 Index and is one of the largest natural gas utilities in the United States.
Headquartered in Tulsa, Oklahoma, ONE Gas provides a reliable and affordable energy choice to more than 2.3 million customers in Kansas, Oklahoma and Texas. Its divisions include Kansas Gas Service, the largest natural gas distributor in Kansas; Oklahoma Natural Gas, the largest in Oklahoma; and Texas Gas Service, the third largest in Texas, in terms of customers.
For more information and the latest news about ONE Gas, visit onegas.com and follow its social channels: @ONEGas, Facebook, LinkedIn and YouTube.
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SOURCE ONE Gas, Inc.
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https://www.wibw.com/prnewswire/2022/07/05/one-gas-second-quarter-2022-conference-call-webcast-scheduled/
| 2022-07-05T20:47:03Z
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STERLING, Va., July 19, 2022 /PRNewswire/ -- Cynet Health was recently recognized as one of The Best Travel Nursing Companies for 2022 by BluePipes. Cynet ranked #5 out of the top 20 awardees out of over 380 agencies reviewed. Every year BluePipes selects an elite group of 20 based on an intricate and complex scoring system. This year's process included aggregating over 108,000 reviews from 6 leading review sources for every travel nursing company they can find. For the full account, please see BluePipes' announcement on the program, the winners, and the detailed process.
"We are beyond elated and proud to have made our début on the list for BluePipes' Best Travel Nursing Companies for 2022. Since its inception in 2016, Cynet Health has not only been growing rapidly but we have also been strengthening our intention every step of the way. That intention is to make a meaningful difference in the lives of our patients and within our communities. Inherently, this foundation exemplifies one of many positive impacts that our organization has had, which in turn translates to our dual commitment to both healthcare providers and healthcare clients. We attribute our success to our dedicated employees and their passion for excellence, their drive for meaningful results, and their desire to make a difference."
Co-CEO Nikhil "Nick" Budhiraja & Co-CEO Ashwani "Ash" Mayur, Cynet Health
Cynet Health is one of the fastest-growing healthcare staffing firms in the US providing Travel Healthcare services to countless hospitals, SNFs, clinics, labs, CROs, health & wellness centers, pharmacies, and other medical facilities across the United States. Headquartered in Sterling, Virginia, we are TJC-certified and a recognized Diversity Supplier.
A special thank you to BluePipes and their mission to simplify healthcare career management and employee onboarding. BluePipes is a healthcare career marketplace and networking platform. They provide healthcare professionals with a universal profile builder, résumé builder, credential management, pay calculator, job search and more. BluePipes provides employers with automated job importing, high-quality job applicants, sourcing tools, networking tools, and more.
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SOURCE Cynet Health
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https://www.mysuncoast.com/prnewswire/2022/07/19/cynet-health-named-top-20-best-travel-nursing-companies-2022-by-bluepipes/
| 2022-07-19T15:04:26Z
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NEW YORK, June 30, 2022 /PRNewswire/ -- Shutterstock, Inc. (NYSE: SSTK), a leading global creative platform offering full-service solutions, high-quality content, and creative workflow solutions for brands, businesses and media companies, will report its second quarter 2022 business and financial results on Tuesday, July 26, 2022 before the market opens.
The company will host a conference call at 8:30 a.m. ET to discuss the results. The conference call is being webcast live at the Company's website at http://investor.shutterstock.com/. The webcast is listen-only. Those interested in participating in the question-and-answer session should register using the link below.
Participants may register for the call here to receive the dial-in numbers and unique PIN to access the call seamlessly. It is recommended that you join 10 minutes prior to the event start (although you may register and dial in at any time during the call).
A webcast replay of the call will be available on the Company's website beginning on July 26, 2022 at approximately 10:30 AM Eastern Time.
ABOUT SHUTTERSTOCK
Shutterstock, Inc. (NYSE: SSTK), is one of the leading global creative platforms for transformative brands and media companies. Directly and through its group subsidiaries, Shutterstock's comprehensive collection includes high-quality licensed photographs, vectors, illustrations, 3D models, videos and music. Working with its growing community of over 2 million contributors, Shutterstock adds hundreds of thousands of images each week, and currently has more than 405 million images and more than 25 million video clips available.
Headquartered in New York City, Shutterstock has offices around the world and customers in more than 150 countries. The Company also owns Splash News, the world's leading entertainment news agency for newsrooms and media companies, Pond5, the world's largest video marketplace, TurboSquid, the world's largest 3D content marketplace, PicMonkey, a leading online graphic design and image editing platform; Offset, a high-end image collection; Shutterstock Studios, an end-to-end custom creative shop; PremiumBeat, a curated royalty-free music library; Shutterstock Editorial, a premier source of editorial images and videos for the world's media; Amper Music, an AI-driven music platform; and Bigstock, a value-oriented stock media offering.
For more information, please visit www.shutterstock.com and follow Shutterstock on Twitter and on Facebook.
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SOURCE Shutterstock, Inc.
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https://www.mysuncoast.com/prnewswire/2022/06/30/shutterstock-report-second-quarter-2022-earnings-results-july-26-2022/
| 2022-06-30T11:34:44Z
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HARRISBURG, Pa., April 8, 2022 /PRNewswire/ -- A new program dashboard has launched with detailed data about the Commonwealth's homeowner relief program for individuals who have been financially impacted by the COVID-19 pandemic.
The Pennsylvania Homeowner Assistance Fund, or PAHAF, administered by the Pennsylvania Housing Finance Agency (PHFA), has made a program dashboard publicly available to provide a real-time snapshot of both statewide and county-level totals and information on the program.
"PAHAF is making a difference in the lives of eligible homeowners across Pennsylvania," said PHFA Executive Director and CEO Robin Wiessmann. "Now, the launch of a data-rich dashboard will help keep state and community leaders, partners, and other stakeholders well informed with up-to-date program results and statistics."
The dashboard includes cumulative totals and trends about PAHAF applications submitted and approved and funds disbursed, as well as amounts requested by applicants. All dashboard data can be filtered to show county-specific views. In addition, the dashboard shows applications submitted and approved by household income and by the number of applicants that meet the U.S. Department of the Treasury Homeowner Assistance Fund (HAF) definition of "socially disadvantaged."
The PAHAF program opened for applications on February 1. The Commonwealth of Pennsylvania was awarded more than $350 million in American Rescue Plan Act funds through HAF.
The fund supports Pennsylvania homeowners whose household income is at or below 150% of the area median income (AMI) and are facing financial hardships as a result of the COVID-19 pandemic. PAHAF uses these funds to provide eligible Pennsylvania homeowners with financial assistance to prevent and/or ease mortgage delinquencies, defaults, foreclosures, displacement, and utility disconnection.
View the PAHAF program dashboard at www.pahaf.org/program-dashboard and visit www.pahaf.org for more resources and information about the program.
About PHFA
The Pennsylvania Housing Finance Agency works to provide affordable homeownership and rental housing options for older adults, low- and moderate-income families, and people with special housing needs. Through its carefully managed mortgage programs and investments in multifamily housing developments, PHFA also promotes economic development across the state. Since its creation by the legislature in 1972, it has generated more than $15.9 billion of funding for more than 186,412 single-family home mortgage loans, helped fund the construction of 138,000 rental units, distributed approximately $191 million to support local housing initiatives, and saved the homes of more than 50,520 families from foreclosure. PHFA programs and operations are funded primarily by the sale of securities and from fees paid by program users, not by public tax dollars. The agency is governed by a 14-member board.
Media Contact:
Mandy McIntyre
Mandy.McIntyre@pahaf.org
View original content:
SOURCE Pennsylvania Housing Finance Agency
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https://www.wibw.com/prnewswire/2022/04/08/pennsylvania-homeowner-assistance-fund-program-dashboard-now-live/
| 2022-04-09T01:21:50Z
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RED BANK, N.J., June 3, 2022 /PRNewswire/ -- Provention Bio, Inc. (Nasdaq: PRVB), a biopharmaceutical company dedicated to intercepting and preventing immune-mediated disease, today announced that management will participate in a corporate presentation at the Jefferies Global Healthcare Conference on Wednesday, June 8th 2022 at 9:00 am EST in New York City.
The presentation will be webcast live and can be accessed by visiting the Events and Webcasts section of the Company's website: http://investors.proventionbio.com/events. The webcast will be archived on the Company's website for 30 days following the presentation.
Provention Bio, Inc. (Nasdaq: PRVB) is a biopharmaceutical company focused on advancing the development of investigational therapies that may intercept and prevent debilitating and life-threatening immune-mediated disease. The Company's pipeline includes clinical-stage product candidates that have demonstrated in pre-clinical or clinical studies proof-of-mechanism and/or proof-of-concept in autoimmune diseases, including type 1 diabetes, celiac disease and lupus. Visit www.ProventionBio.com for more information and follow us on Twitter: @ProventionBio.
Provention Bio, Inc. uses its website, www.proventionbio.com, as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation F.D. Such disclosures will be included on the Company's website in the "News" section. Accordingly, investors should monitor this portion of the Company's website, in addition to following its press releases, SEC filings and public conference calls and webcasts.
Investor Contact:
Robert Doody, VP of Investor Relations
rdoody@proventionbio.com
484-639-7235
Media Contact:
Kaelan Hollon, VP, Corporate Communications
khollon@proventionbio.com
202-421-4921
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SOURCE Provention Bio, Inc.
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https://www.kxii.com/prnewswire/2022/06/03/provention-bio-present-jefferies-global-healthcare-conference/
| 2022-06-03T11:45:31Z
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White House releases financial disclosures for Biden, Harris
WASHINGTON (AP) — The White House released financial disclosure reports for President Joe Biden and Vice President Kamala Harris on Friday showing that the president’s personal finances have changed little since last year.
Biden’s report, which includes information on first lady Jill Biden, showed that he earned a modest amount of outside income during his first year as president, pulling in almost $30,000 in book royalties. His wife earned between $15,000 and $50,000 from book sales.
The report lists some income and assets only within a range, showing the couple’s assets were worth between $1.05 million and $2.58 million.
They owe between $250,000 and $500,000 on a mortgage on their Delaware home, plus between $30,000 and $100,000 on other loans.
Harris reported significantly more in book royalties. Most of the money came from sales of “The Truths We Hold,” which was published in 2019. She earned $456,000 total.
Harris is married to Doug Emhoff, a lawyer and law professor. Together, their assets total between $3.42 million and $8.29 million.
They owe between $1 million and $5 million on a mortgage on their home.
Copyright 2022 The Associated Press. All rights reserved.
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https://www.wibw.com/2022/05/14/white-house-releases-financial-disclosures-biden-harris/
| 2022-05-14T00:59:55Z
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CHANDLER, Ariz., July 28, 2022 /PRNewswire/ -- Zovio (Nasdaq: ZVO), an education technology services company, announced today that it will release its second quarter 2022 financial results before market open on Monday, August 1, 2022.
Zovio will host a conference call and webcast for investors and analysts to discuss these results at 8:30 a.m. (Eastern Time) / 5:30 a.m. (Pacific Time) the same day.
Call participants should dial (888) 330-3204 in the United States or (646) 960-0844 internationally and request the Zovio call. The access code for all callers is conference ID: 8039474.
A live broadcast of the call will also be available on the company's website at http://ir.zovio.com.
About Zovio
Zovio (Nasdaq: ZVO) is an education technology services company that partners with higher education institutions and employers to deliver innovative, personalized solutions to help learners and leaders achieve their aspirations. The Zovio network, including Fullstack Academy, leverages its core strengths to solve priority market needs through education technology services. Using proprietary advanced data analytics, Zovio identifies the most meaningful ways to enhance the learner experience and deliver strong outcomes for higher education institutions, employers, and learners. Zovio's purpose is to help everyone be in a class of their own. For more information, visit www.zovio.com.
Contact: Vickie Schray
vickie.schray@zovio.com
866 475 0317 x10003
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SOURCE Zovio
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https://www.wibw.com/prnewswire/2022/07/28/zovio-schedules-second-quarter-2022-earnings-conference-call-august-1-2022/
| 2022-07-28T22:12:08Z
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Disney will co-create curriculum, provide mentors and place students of Historically Black Colleges and Universities (HBCUs) in internships to prepare them for future careers
BURBANK, Calif., July 21, 2022 /PRNewswire/ -- Today, at the 2022 HBCU Philanthropy Symposium, The Walt Disney Company announced it is joining Propel, a first-of-its-kind education hub for HBCUs, as the arts, media, entertainment, and hospitality lead sponsor. Disney will work with Propel to expand opportunities for historically underrepresented students to have future careers as storytellers and innovators.
Propel is an innovative learning hub for the HBCU community with a focus on career readiness. Through its network of HBCUs, Propel will provide a variety of career services and best-in-class learning experiences both in-person and through a state-of-the-art online digital platform that will be accessible to every HBCU student located anywhere across America.
"The Propel Center is a bold and transformational initiative impacting the entire HBCU ecosystem," said Waymond Jackson, CEO of Education Farm. "Through cutting-edge curriculum, innovative technology, trending thought leadership, and other opportunities like the ones this exciting new Disney collaboration presents, Propel aims to positively influence how HBCU scholars see and experience the world. By equipping them with the resources, training, and tools they need to become leaders who advance equity, transform the talent pipeline, and tell their stories, we are ensuring that they are prepared to fill and create the jobs of the future."
Through this collaboration, Disney will work with HBCU faculty and other industry leaders to create curriculum that will prepare students for future careers in arts, media, entertainment, and hospitality. In addition to curriculum support, the Company will provide a series of guest speakers to introduce students to the breadth of opportunities available to them and will deliver meaningful career support through Disney mentors and internship placements to prepare students for careers in entertainment and technology.
The initial curriculum will focus on the areas of technology and hospitality where Disney has a significant number of entry-level career opportunities. The hope is to create a bridge between the academic training students receive and the job opportunities available to them in the industry.
"At Disney, we know that technology and hospitality play a huge role in telling great stories and creating seamless consumer experiences. We want to give HBCU students the opportunity to build the skills necessary in these areas to help them succeed in their careers," said Jennifer Cohen, executive vice president, Corporate Social Responsibility, The Walt Disney Company. "With the help of Propel's network and expertise, we hope to reach more students and empower them with the experience and confidence to push storytelling forward."
This collaboration with Propel is part of the Disney Future Storytellers initiative. Through social investments and collaborations such as these, Disney is increasing access to careers in storytelling and innovation for those who have been historically underrepresented. From arts and STEM programs for school-age children to scholarships, storytelling, and technical skills-building programs for teens and young adults, Disney is helping today's youth to pursue their dreams, build their talents and skills, and become who they imagine they can be.
In addition to the Disney Future Storytellers initiative, The Walt Disney Company continues to strengthen its work with HBCUs to build a robust, long-term pipeline of Black talent through an enterprise-wide HBCU Engagement Task Force. In 2020, Disney also launched Disney on the Yard, a multifaceted initiative to deepen the Company's relationships with HBCUs.
Contact:
Bruce Lam
Corporate Communications
bruce.lam@disney.com
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SOURCE Walt Disney Company
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https://www.wibw.com/prnewswire/2022/07/21/walt-disney-company-joins-propel-education-center-support-next-generation-diverse-storytellers-innovators/
| 2022-07-21T17:30:50Z
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DALLAS (KDAF) — Dairy Queen is treating Texans to five new summer Blizzard Flavors in celebration of the company’s 75 years in the Lone Star State.
“Just in time for fun-in-the-sun, Dairy Queen is celebrating the NEW Summer Blizzard Treat line up with FIVE refreshing Blizzard Treats,” officials said in a press release.
Here are the new summer flavors:
- Oreo Cookie Dirt Pie
- Girl Scout Thin Mints
- Nestlé
- Very Cherry Chip
- Caramel Fudge Cheesecake
“All these Blizzard treats are perfect for Texans wanting to beat the heat with a cool, delicious treat from their friendly neighborhood Dairy Queen,” officials said in a press release.
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https://cw33.com/news/local/texas-dairy-queen-restaurants-are-now-selling-five-new-summer-blizzard-flavors-here-are-the-new-flavors/
| 2022-06-20T18:38:47Z
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One Canal Will Cater to Mission-Driven Companies in One of the World's Leading Biotech Clusters
BOSTON, Aug. 3, 2022 /PRNewswire/ -- Breakthrough Properties, a leading global developer of life sciences real estate backed by a joint venture of Tishman Speyer and Bellco Capital, today announced it has commenced construction on the redevelopment of One Canal by Breakthrough, a four-story lab and office building in East Cambridge, Massachusetts.
The property, acquired by Breakthrough in 2021, is being updated to accommodate more than 105,000 square feet of high-quality research and development space.
One Canal by Breakthrough comes at a time when East Cambridge's total office and lab space availability hovers around just one percent. The Greater Boston area remains the nation's number one life science hub and a top destination for companies drawn to its leading academic institutions, research universities and hospitals, as well as its highly skilled workforce. Situated along the First Street corridor which connects Kendall Square/MIT Redline to the new Lechmere Green Line T station, and facing Canal Park with its waterfront location, One Canal by Breakthrough offers companies an unbeatable environment surrounded by an amenity-rich neighborhood.
"Situated in the heart of the most dynamic life science cluster in the world, One Canal by Breakthrough is surrounded by the world's most innovative companies and sought-after amenities," said Daniel D'Orazi, Chief Investment Officer of Breakthrough Properties. "We are thrilled to be delivering best-in-class life science space to this supply constrained environment to further support the development of life-changing discoveries."
One Canal by Breakthrough will feature a ground floor lounge, private outdoor spaces, building concierge, fitness center, adjacent parking and onsite retail options. The property is also close to Downtown Boston's diverse residential, retail and dining options, and within walking distance of multiple parks and open spaces, including direct access to the Charles River. It is adjacent to the planned 650,000-square-foot Cambridge Galleria center and the 4.5 million-square-foot Cambridge Crossing innovation hub.
"One Canal responds to the intense demand for cutting-edge research environments located in vibrant neighborhoods where today's top talent wants to be," said Tishman Speyer Managing Director Jessica Hughes. "We are thrilled to put Tishman Speyer's unique placemaking skills and decades of development experience in Boston to work on behalf of our Breakthrough platform."
Founded in 2019, Breakthrough has established itself as one of the most active players in the life science sector with 4.6 million square feet of projects in the pipeline across Boston, San Diego, Philadelphia, Amsterdam, Oxford and Cambridge.
In Boston, Breakthrough recently delivered The 105 by Breakthrough at 105 West First Street, which will serve as CRISPR Therapeutics' U.S. facility.
Other active projects include the 10-acre Torrey View by Breakthrough campus in San Diego, which will house global medical technology company BD (Becton, Dickinson and Company)'s expanded San Diego Reagent Innovation Center for its growing BD Biosciences business; 2300 Market in Philadelphia; Trinity House in Oxford, England; and The Vitrum Building, located inside St. John's Innovation Park in Cambridge, England.
Breakthrough puts sustainability at the forefront of all of its initiatives with a particular emphasis on increasing energy efficiency, reducing carbon emissions and providing healthy workspaces for users, including by aiming for Fitwel and WELL certifications. Breakthrough also targets LEED Gold certification at its United States properties, as well as BREEAM Outstanding certification in all of its projects across the United Kingdom and EU markets.
About Breakthrough Properties (www.btprop.com)
Formed in 2019 as a joint venture between global real estate owner, developer and investor Tishman Speyer and biotechnology investment firm Bellco Capital, Breakthrough Properties is a life science real estate development company that leverages cross-sector collaboration to deliver environments that foster innovation and scientific breakthroughs. Breakthrough Properties' mission is to acquire, develop and operate the best life science properties in leading urban technology centers around the world and support scientific innovation across biotechnology, agriculture and nutrition. Breakthrough combines Tishman Speyer's decades of global real estate development experience with Bellco Capital's industry-making biotechnology entrepreneurship to reimagine environments where companies can create life-changing therapies for patients.
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SOURCE Breakthrough Properties
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https://www.kxii.com/prnewswire/2022/08/03/breakthrough-properties-commences-construction-one-canal-by-breakthrough-premier-life-science-research-center-along-east-cambridge-waterfront/
| 2022-08-03T22:52:57Z
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RIO DE JANEIRO (AP) — Police in Rio de Janeiro on Wednesday were seeking the arrest of six people accused of involvement in stealing 16 artworks together valued at more than 700 million reais ($139 million), some of which were recovered.
Police said in a statement that the group stole the works from an 82-year-old widow, who had been married to an art collector and dealer.
The haul included museum-quality pieces from Brazilian masters Tarsila do Amaral and Emiliano Di Cavalcanti. Video provided by police showed them finding more than 10 works underneath a bed and, at the bottom of the pile, was “Sol Poente” – a do Amaral painting of a brilliant-hued sunset.
“Wow! Look who’s here!” one officer exclaimed as she removed bubble wrap from the work. “Oh, little beauty. Glory!”
The theft was orchestrated by the widow’s daughter, according to the statement, which didn’t provide either of their names. The daughter was among those arrested Wednesday, according to local media, which also showed images of a woman attempting to escape through a window as police arrived.
The paintings weren’t stolen in a heist, but rather through a bizarre con. In January 2020, a self-proclaimed soothsayer approached the widow in the Copacabana neighborhood and informed her that her daughter was sick and soon to die, according to the police statement.
The widow, who holds mystical beliefs, was compelled to make bank transfers totaling 5 million reais over the course of two weeks for supposed spiritual treatment. Her daughter, who encouraged the payments, proceeded to fire domestic employees so her accomplices could enter the residence unimpeded and remove the artworks. Upon receiving threats from her daughter and the accomplices, the widow made additional bank transfers.
Three of the artworks, collectively worth more than 300 million reais, were recovered in an art gallery in Sao Paulo. The gallery’s owner told police he had purchased them directly from the widow’s daughter, and sold two others to the Museum of Latin American Art in Buenos Aires, according to the statement.
A press officer for the world-renowned museum told The Associated Press that its founder, Eduardo Costantini, purchased the works for his personal collection, and possible display at the museum in the future. The museum identified the widow as Genevieve Boghici and said Costantini has maintained direct contact with her throughout the acquisition of the paintings and since. ___
AP writer Daniel Politi contributed from Buenos Aires
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https://cw33.com/entertainment-news/ap-entertainment/brazil-police-recover-art-masterpieces-stolen-in-elderly-con/
| 2022-08-11T08:29:43Z
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NEW YORK, Aug. 22, 2022 /PRNewswire/ -- Attention Missfresh Limited ("Missfresh") (NASDAQ: MF) 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 persons who purchased or otherwise acquired Missfresh securities pursuant and/or traceable to the registration statement and related prospectus issued in connection with Missfresh's June 2021 initial public offering.
If you suffered a loss on your investment in Missfresh, 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 Missfresh includes allegations that the Company made materially false and/or misleading statements and/or failed to disclose that: (1) Missfresh provided false financial figures in its registration statement and related prospectus issued in connection with the Company's June 2021 initial public offering; (2) Missfresh would need to amend its financial figures; (3) Missfresh, among other things, had lesser net revenues for the quarter ended March 31, 2021; and (4) as a result, defendants' public statements were materially false and misleading at all relevant times and negligently prepared.
DEADLINE: September 12, 2022
Aggrieved Missfresh investors only have until September 12, 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
View original content:
SOURCE The Law Offices of Vincent Wong
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https://www.wibw.com/prnewswire/2022/08/22/class-action-alert-law-offices-vincent-wong-remind-missfresh-investors-lead-plaintiff-deadline-september-12-2022/
| 2022-08-22T10:03:26Z
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STOCKHOLM, May 6, 2022 /PRNewswire/ -- BioArctic AB (publ) (Nasdaq Stockholm: BIOA B) announced today that the US Patent and Trademark Office (USPTO) has granted a new drug substance patent for the antibody ABBV-0805, invented by BioArctic as a potential treatment of Parkinson's disease. The patent will take effect on May 24, 2022, and expire in 2041, with the possibility of a patent term extension up until 2046.
The granted substance patent (US patent no. 11,339,212) focuses on the monoclonal antibody ABBV-0805, which selectively binds to and eliminates pathological aggregated forms called oligomers and protofibrils while sparing the physiological monomer form of alpha-synuclein. The aim is to develop a treatment that halts or slows the progression of Parkinson's disease.
At the International Congress of Parkinson's disease and movement disorders® (MDS) in September 2021, results presented from the Phase 1 study with ABBV-0805 supported continued development of the antibody in Phase 2 with once-monthly dosing.
"We are pleased that the US Patent and Trademark Office has granted this new drug substance patent for ABBV-0805, which secures a long period of patent protection. The decision is further confirmation of the innovative nature of BioArctic's research and strengthens the protection for a potential future treatment of Parkinson's disease in the US market," says Gunilla Osswald, CEO, BioArctic.
This release discusses investigational uses of an agent in development and is not intended to convey conclusions about efficacy or safety. There is no guarantee that any investigational uses of such product will successfully complete clinical development or gain health authority approval.
For further information, please contact:
Gunilla Osswald, CEO
E-mail: gunilla.osswald@bioarctic.se
Phone: +46 8 695 69 30
Oskar Bosson, VP Communications and IR
E-mail: oskar.bosson@bioarctic.se
Phone: +46 70 410 71 80
The information was released for public disclosure, through the agency of the contact persons above, on May 6, 2022, at 08.50 a.m. CET.
About ABBV-0805
ABBV-0805 is a monoclonal antibody drug candidate that is designed to selectively bind and eliminate aggregated forms of alpha-synuclein such as oligomers and protofibrils, which participates in neurodegenerative disorders including Parkinson's disease. The goal is to develop a disease modifying treatment that stops or slow down the progression of Parkinson's disease.
About BioArctic AB
BioArctic AB (publ) is a Swedish research-based biopharma company focusing on disease-modifying treatments and reliable biomarkers and diagnostics for neurodegenerative diseases, such as Alzheimer's disease and Parkinson's disease. BioArctic focuses on innovative treatments in areas with high unmet medical needs. The company was founded in 2003 based on innovative research from Uppsala University, Sweden. Collaborations with universities are of great importance to the company together with its strategically important global partner Eisai in Alzheimer disease. The project portfolio is a combination of fully funded projects run in partnership with global pharmaceutical companies and innovative in-house projects with significant market and out-licensing potential. BioArctic's Class B share is listed on Nasdaq Stockholm Mid Cap (ticker: BIOA B). For more information about BioArctic, please visit www.bioarctic.com.
This information was brought to you by Cision http://news.cision.com
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SOURCE BioArctic
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https://www.wibw.com/prnewswire/2022/05/06/bioarctic-receives-new-drug-substance-patent-us-abbv-0805-against-parkinsons-disease/
| 2022-05-06T08:25:29Z
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(The Hill) – The primaries in Florida and New York this week marked the final major nominating contests of 2022, and the country’s attention is now poised to shift to the general elections that will determine control of Congress for the next two years.
Primaries for both parties stretching from March through this week offered up some key hints about the two main parties and their voters, as well as what the coming fall campaign season could look like.
Here are five takeaways from the 2022 primaries:
The GOP is still Trump’s party — and 2020 is still top of mind
Former President Trump may have left the White House more than a year and a half ago, but this year’s GOP primaries proved that he remains the most influential Republican in the country.
The impact of Trump’s endorsements was clear: He shaped Republican messaging, scrambled primary contests and elevated to victory candidates that even some top GOP officials had concerns about.
Perhaps no issue was more important in obtaining Trump’s endorsement than the 2020 presidential election and his false claim that it was rigged against him. Republican candidates frequently echoed that talking point on the campaign trail — with some centering their races around it — hoping to win the former president’s favor.
The end result: In most of the nation’s high-profile Republican primaries, voters sided with Trump.
All of the GOP nominees in the most competitive Senate races were backed by the former president ahead of their primaries. Of the six House Republicans who ran for reelection after voting last year to impeach Trump for his role in the Jan. 6 attack on the U.S. Capitol, only two won renomination.
And candidates who have questioned or flat-out denied the results of the 2020 election will be on ballots across the country in November, having secured nominations for governor, Senate, House and secretary of state.
Of course, there are a few exceptions. Georgia Gov. Brian Kemp, for instance, won in a landslide against his Trump-backed primary opponent, former Sen. David Perdue (R-Ga.). And in South Carolina, Rep. Nancy Mace (R-S.C.) made it through her primary against Trump-endorsed Katie Arrington.
Still, if the 2022 Republican primaries made one thing clear, it’s that GOP voters are still overwhelmingly aligned with Trump.
Democrats largely played it safe, but progressives scored some key wins
Despite ongoing debates over the direction of the Democratic Party, voters across the country largely sided with more moderate or establishment-backed candidates in their primaries, apparently seeing them as their best bets for winning in an otherwise punishing political environment for Democrats.
In Ohio, for example, former state Sen. Nina Turner, a progressive former co-chair of Sen. Bernie Sanders’ (I-Vt.) presidential campaign, lost for a second time to Rep. Shontel Brown (D-Ohio), who had the support of the party establishment.
Likewise, Rep. Henry Cuellar (Texas), a conservative South Texas Democrat, narrowly defeated progressive Jessica Cisneros in a race that drew intense national attention.
Nevertheless, it wasn’t all bad for the party’s left flank.
Progressives won Senate nominations in two key swing states. In Pennsylvania, Lt. Gov. John Fetterman beat out Rep. Conor Lamb (D-Pa.), a moderate who cast himself as the candidate better able to court suburban and rural voters, while Wisconsin Lt. Gov. Mandela Barnes won the chance to challenge Sen. Ron Johnson (R-Wis.). And just this week, Central Florida Democrats tapped Maxwell Alejandro Frost, a Sanders-backed gun control activist, to succeed Rep. Val Demings (D-Fla.) in the House.
Still, this year’s primaries were far from the ideological turning point that progressives were hoping for.
It was a tough season for a lot of House incumbents
There are still a few primaries left, but 2022 is already on track to see the most U.S. House incumbents lose renomination in more than two decades.
So far this year, 15 House members — nine Republicans and six Democrats — have lost their bids to return to Capitol Hill, according to Ballotpedia, which has been tracking the losses.
In some cases, the circumstances were simply out of members’ control, mostly because of the decennial redistricting process.
This week, for example, Rep. Carolyn Maloney (D-N.Y.), a 30-year veteran of the House, lost her primary to fellow longtime incumbent Rep. Jerry Nadler (D-N.Y.) after redistricting combined their Manhattan congressional districts. From the get-go, one of them was bound to lose.
But in other races, incumbents suffered from their political choices, most notably, their votes to impeach Trump. That decision spelled the end for Reps. Liz Cheney (R-Wyo.), Tom Rice (R-S.C.), Peter Meijer (R-Mich.) and Jaime Herrera Beutler (R-Wash.), all of whom were defeated by Trump-backed primary challengers who hammered them for their impeachment votes.
Others, like Rep. Madison Cawthorn (R-N.C.), found themselves on the losing end of their primaries after becoming the subject of various controversies.
Democrats found their footing
For the first half of the year, Democrats were staring down some daunting problems. Their legislative agenda in Congress had largely stalled out, inflation was reaching its highest levels in decades and their main political foil was no longer in the Oval Office.
To make matters worse for Democrats, they were also contending with the reality that the party in power almost always loses ground in Congress in midterm elections.
That fact may still hold true. But things have notably shifted for Democrats in the months since the Supreme Court overturned Roe v. Wade. That decision gave the party a powerful message with which to rally voters fearing an erosion of protections for reproductive rights and helped reenergize Democrats amid concerns over complacency.
Perhaps the biggest turning point for Democrats came in Kansas, when voters rejected by a wide margin a proposed amendment that would have stripped abortion rights from the state constitution.
Since then, Democrats have homed in on a clearer messaging strategy: They’ve warned what GOP congressional majorities would mean for reproductive rights, touted the passage of a massive tax and climate bill, and sought to cast themselves as a steady hand in government.
Of course, while Democrats’ midterm prospects appear to have brightened somewhat, they’re still facing a brutal political landscape and strong historical headwinds that could give an edge to Republicans.
But Republican voters are still energized
The outlook may be brightening for Democrats. But this year’s primaries have still given credence to what Republican leaders have been claiming for over a year: GOP voters are motivated.
In top-of-the-ticket races across key battleground states, Republican primary turnout repeatedly outpaced Democratic turnout, a sign that GOP voters are eager to cast their ballots this year.
In Georgia, nearly a half million more Republicans voted in the Senate primary than Democrats. In Arizona, over 200,000 more voters cast ballots in the top Republican primaries. The turnout advantage also holds true in Pennsylvania, Wisconsin, North Carolina, Nevada and Florida.
To be sure, the higher Republican turnout may not have been due to voter enthusiasm alone. In Georgia, for example, Republicans saw a hotly contested gubernatorial primary, while the Democratic candidate, Stacey Abrams, went unchallenged for the nomination.
The same is true is North Carolina, where Republicans were faced with a choice between Rep. Ted Budd (R-N.C.) and former Gov. Pat McCrory in the primary to succeed retiring Sen. Richard Burr (R-N.C.). Democrats, meanwhile, had already largely coalesced behind Cheri Beasley as their nominee.
But Florida’s most competitive race was on the Democratic side, and Pennsylvania and Wisconsin had hotly contested contests on both sides of the aisle.
And for much of the year, public polling has shown that Republicans are more enthusiastic to vote in November than Democrats are. But as Democrats’ prospects have improved, they’ve also begun to close that enthusiasm gap.
A Morning Consult poll released last week showed that 65% of Republican voters are either “extremely” or “very” enthusiastic to cast their ballots in the midterm elections. Meanwhile, 62% of Democrats said the same.
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https://cw33.com/news/nexstar-media-wire/5-takeaways-from-a-bruising-primary-season/
| 2022-08-27T17:54:21Z
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Hyde will lead ERIE's diversity, equity and inclusion team, bringing experience from Koppers, Inc., where he led global inclusion and diversity initiatives
ERIE, Pa., Aug. 18, 2022 /PRNewswire/ -- Erie Insurance (ERIE) has named Lance Hyde to the role of Vice President of Diversity, Equity and Inclusion (DEI), effective August 22. Hyde will report to ERIE's Chief Diversity and Community Development Officer Chris Marsh in the position and lead the company's DEI team and related enterprise initiatives.
Hyde brings more than 15 years of experience in diversity and inclusion practices, including significant supplier diversity and sustainability expertise, to the leadership role at ERIE. He joins the company after serving as Director of Global Inclusion and Diversity at Pittsburgh-based Koppers International.
"I am excited to welcome Lance to the ERIE Family and the Erie community," said Marsh. "With his demonstrated collaborative work style and results-driven approach, I'm confident Lance is well-equipped to help lead ERIE through our next evolution of DEI."
At Koppers, Hyde helped develop the company's global inclusion and diversity strategy while partnering with business unit leaders to create a robust supplier diversity program. Prior to joining Koppers, Hyde served in various leadership positions at EQT Corporation, including diversity manager and director of supplier diversity. While at EQT, he managed all D&I functions, including building HR diversity responsibilities, expanding and supporting Employee Resource Groups (ERGs) and serving on the EQT Foundation. He worked closely with human resources to create and implement a successful "D&I Recruit and Retain" strategy and participated in global industry conferences to attract diverse talent to the industry and company.
Recognized nationally for his DEI thought leadership and supplier diversity expertise, Hyde has participated in more than 50 panel discussions on a variety of topics throughout his career and has been featured in national and regional media.
Hyde earned a bachelor's degree in Business Administration from California State University, East Bay in Hayward, Calif. and a master's in Business Administration from Waynesburg University in Waynesburg, Pa. He received the Timothy and Caroline Thyreen Service Leadership Award from Waynesburg University in 2021 and the Supplier Diversity Professional of the Year Award from the National Minority Supplier Development Council in 2019 for his accomplishments in supplier diversity initiatives with EQT.
According to A.M. Best Company, Erie Insurance Group, based in Erie, Pennsylvania, is the 11th largest homeowners insurer, 13th largest automobile insurer and 13th largest commercial lines insurer in the United States based on direct premiums written. Founded in 1925, Erie Insurance is a Fortune 500 company and the 19th largest property/casualty insurer in the United States based on total lines net premium written. Rated A+ (Superior) by A.M. Best, ERIE has more than 6 million policies in force and operates in 12 states and the District of Columbia. News releases and more information are available on ERIE's website at www.erieinsurance.com.
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SOURCE Erie Indemnity Company
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https://www.mysuncoast.com/prnewswire/2022/08/18/erie-insurance-names-diversity-equity-inclusion-leader-lance-hyde-vp-role/
| 2022-08-18T20:08:43Z
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Michael J. Fox to be awarded honorary Oscar
(CNN) – Michael J. Fox has been selected to receive an honorary Oscar award.
The Academy of Motion Picture Arts and Sciences will give him the Jean Hershold Humanitarian Award in November.
It’s both for his work as an actor and as a founder of the Michael J. Fox Foundation for Parkinson’s Research.
Fox started the foundation in 2000, nine years after he was diagnosed with the disease.
The actor rose to fame in the 1980s when he starred as young capitalist Alex Keaton on the TV show “Family Ties.”
He’s also starred in several movies, most notably as the protagonist Marty McFly in the “Back to the Future” franchise.
Fox has won Emmy awards, Golden Globes, Screen Actors Guild awards and even a Grammy, but this will be his first Oscar.
The award will be presented at the Academy’s Governors awards Nov. 19.
Copyright 2022 CNN Newsource. All rights reserved.
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https://www.wibw.com/2022/06/23/michael-j-fox-be-awarded-honorary-oscar/
| 2022-06-23T13:17:54Z
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Sweden ends neutrality, joins Finland in seeking NATO berth
STOCKHOLM (AP) — Sweden’s prime minister announced Monday that Sweden will join Finland in seeking NATO membership in the wake of Russia’s invasion of Ukraine, a historic shift that comes after more than 200 years of military nonalignment in the Nordic country.
The move, which is likely to upset the government of Russian President Vladimir Putin, came after neighboring Finland announced Sunday that it too would seek to join the 30-country military alliance.
Prime Minister Magdalena Andersson called it “a historic change in our country’s security policy” as she addressed lawmakers in the Swedish capital.
“We will inform NATO that we want to become a member of the alliance,” she said. “Sweden needs formal security guarantees that come with membership in NATO.”
Andersson adding that Sweden was acting together with Finland, whose government announced on Sunday it would seek to to join the alliance.
The announcement came after a debate in the Riksdagen, or parliament, earlier Monday showed that there is a huge support for joining NATO. Out of Sweden’s eight parties, only two smaller left-leaning parties opposed it.
On Sunday, the Swedish Social Democrats broke with the party’s long-standing position that Sweden must remain nonaligned, paving the way for a clear majority for NATO membership in the parliament.
Public opinion in both Nordic countries was firmly against joining NATO before the Russian invasion of Ukraine on Feb. 24, but support for NATO membership surged quickly in both nations after that.
“The Swedish government’s intent is to apply for NATO membership. A historic day for Sweden,” Foreign Minister Ann Linde wrote on Twitter. “With a broad support from political parties in the parliament, the conclusion is that Sweden will stand stronger together with allies in NATO.”
Once a regional military power, Sweden has avoided military alliances since the end of the Napoleonic Wars. Like Finland it remained neutral throughout the Cold War, but formed closer relations with NATO after the 1991 Soviet collapse.
After the Russian invasion of Ukraine, the governments in Finland and Sweden responded by swiftly initiating discussions across political parties about NATO membership and reaching out the U.S., Britain, Germany and other NATO countries for their support.
The Kremlin, however, has repeatedly warned the move would have destabilizing consequences for security in Europe.
Russian President Vladimir Putin said Monday that Moscow “does not have a problem” with Sweden or Finland as they apply for NATO membership, but that “the expansion of military infrastructure onto this territory will of course give rise to our reaction in response.”
In Helsinki, Senate Republican leader Mitch McConnell said Monday that there is “very significant” support in the Congress and that he expects swift ratification. He said he hoped a vote could be held before the August recess.
In the Swedish Parliament, only the small Left and Green parties objected to seeking NATO membership.
Andersson said Sweden would refuse nuclear weapons or permanent NATO bases on its soil — similar conditions as neighboring Norway and Denmark insisted on when the alliance was formed after World War II.
Though NATO officials have expressed hopes for a quick ratification process, all 30 current NATO members must agree to let Finland and Sweden in the door. Turkey voiced some objections last week, accusing the two countries of supporting Kurdish militants and others whom Turkey considers to be terrorists.
Swedish Defense Minister Peter Hultqvist told public broadcaster SVT that a Swedish delegation would be sent to Ankara to discuss the issue.
___ Jan M. Olsen in Copenhagen, Denmark, contributed to this report.
___ Follow the AP’s coverage of the war at https://apnews.com/hub/russia-ukraine
Copyright 2022 The Associated Press. All rights reserved.
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https://www.mysuncoast.com/2022/05/16/sweden-ends-neutrality-joins-finland-seeking-nato-berth/
| 2022-05-16T13:43:25Z
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LJUBLJANA, Slovenia (AP) — When he visited Ukraine last month with two other European leaders, Prime Minister Janez Jansa of Slovenia was looking to show solidarity with the war-stricken nation and to attract support at home ahead of what is expected to be a close parliamentary election.
The election set for Sunday is taking place amid heightened political divisions in Slovenia. Observers say the vote will determine whether the small Alpine nation of 2 million people slides further into right-wing populism under Jansa or returns to its traditionally moderate balance.
Recent opinion surveys showed Jansa’s Slovenian Democratic Party in a tight race with the Freedom Movement, a newly formed liberal-green political party. The party is led by a U.S.-educated expert, Robert Golob, who has promised to unite centrist and left-oriented groups in a future coalition government.
Both parties appeared to have voter support hovering around 20%. Polls showed several smaller left- and right-leaning groups trailing in the race for seats in Slovenia’s 90-member national legislature. Some surveys suggested 20% of the electorate remained undecided.
With no single party likely to secure enough votes to form a government on its own, analysts predicted Golob would have a better chance than Jansa at cobbling together a post-election coalition.
The 63-year-old Jansa, a veteran politician, took over as head of government at the start of the coronavirus pandemic in 2020, succeeding a liberal who resigned. While the prime minister has boasted of economic successes during tough times, critics have sounded alarm over his increasingly authoritarian course.
“The race is tight,” Jansa told a preelection convention of his party. “We will fight for every ballot.”
Known as a nature-loving nation of stunning scenic beauty, Slovenia was long regarded as a post-Communist success and one of the most stable countries in Central and Eastern Europe. Slovenia was among 10 countries that joined the European Union in May 2004, the bloc’s largest single expansion.
But it has come under EU scrutiny as Jansa has forged close relations with fellow populist, Hungarian Prime Minister Viktor Orban.
Orban, and Serbian President Aleksandar Vucic — another right-wing regional leader — recently scored sweeping reelection victories.
Since he became the Slovenian Democratic Party’s leader in 1993, Jansa has served as both defense minister and prime minister multiple times, faced a corruption trial and engaged in constant spats with journalists.
He denies recurring allegations that he has moved to give his party control over public media, intimidate critics and install loyalists in key positions at state institutions.
Fractured left-wing groups failed to mount a serious challenge to Jansa in more than two years despite simmering popular anger that fueled street protests and clashes with police. An array of civic movements have joined protests, seeking to galvanize public discontent and create a wider movement.
Golob, 55, has emerged as a new face, appealing to Slovenians who are disillusioned with the political mainstream. Under the slogan “We deserve a better state,” he has promised a green transformation and sustainable development to contrast with Jansa’s strong nation narrative.
For Andraz Zorko, a public opinion analyst at the Valicon agency, the current pre-election campaign has been marked by a grassroots effort and tireless field work, designed to animate the new generation of Slovenia’s youth to vote.
“Trends are now in favor of the Freedom Movement,” Zorko said.
Political analyst Zenel Baragelj, however, told the AP election outcome is “impossible to predict,” due to fluctuating loyalties and several parties teetering near the threshold line of 4%.
Observers say Jansa’s similarities with Hungary’s Orban can be spotted in their anti-liberal rhetoric and governing styles, as well as their financial dealings. Orban’s associates have invested in Slovenia’s pro-government media and companies.
A formerly pro-Jansa political magazine, Reporter, recently urged Slovenia’s voters to “ask yourself if you want to live in a country such as Orban’s Hungary.” A group of prominent intellectuals and public figures warned in a petition that Sunday’s election was of “historic importance” and the “last chance to stop the authoritarian tendencies of Janez Jansa.”
Jansa has dismissed criticism as a leftist plot to undermine his government and promised voters stability and continuity in uncertain times. To polish his image, he distanced himself from Orban during the campaign and took a tough line against Russia’s invasion of Ukraine.
In an attention-grabbing move meant to display regional leadership within Europe, Jansa traveled to Ukraine’s capital with the prime ministers of Poland and the Czech Republic in mid-March. Shortly after the trip, Slovenia’s government reopened the country’s embassy in Kyiv and urged other EU nations to do the same.
Surveys indicate that citizens’ concerns center more around domestic issues such as social equality, environmental protection and the rule of law rather than the war in Ukraine. Jure Mocivnik, a resident of Ljubljana, Slovenia’s capital, said he expected high turnout and strong voter interest in the election.
Asked about the outcome, Mocivnik said: “I don’t have a clue, everything is possible.”
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https://cw33.com/news/international/ap-international/slovenia-to-hold-election-amid-divisions-over-populist-path/
| 2022-04-22T12:08:03Z
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Second quarter 2022 comparable systemwide constant dollar RevPAR increased 70.6 percent worldwide, 66.1 percent in the U.S. & Canada , and 87.8 percent in international markets, compared to the 2021 second quarter; Second quarter 2022 comparable systemwide constant dollar RevPAR declined 2.9 percent worldwide and 14.1 percent in international markets, while RevPAR increased 1.3 percent in the U.S. & Canada , compared to the 2019 second quarter; Second quarter reported diluted EPS totaled $2.06 , compared to reported diluted EPS of $1.28 in the year-ago quarter. Second quarter adjusted diluted EPS totaled $1.80 , compared to second quarter 2021 adjusted diluted EPS of $0.79 ; Second quarter reported net income totaled $678 million , compared to reported net income of $422 million in the year-ago quarter. Second quarter adjusted net income totaled $593 million , compared to second quarter 2021 adjusted net income of $260 million ; Adjusted EBITDA totaled $1,019 million in the 2022 second quarter, compared to second quarter 2021 adjusted EBITDA of $558 million ; The company added roughly 17,000 rooms globally during the second quarter, including approximately 9,200 rooms in international markets and nearly 4,400 conversion rooms; At quarter end, Marriott's worldwide development pipeline totaled nearly 2,950 properties and more than 495,000 rooms, including roughly 27,400 rooms approved, but not yet subject to signed contracts. Approximately 203,300 rooms in the pipeline were under construction as of the end of the 2022 second quarter; Marriott resumed share repurchases in the second quarter, repurchasing 1.9 million shares of the company's common stock for $300 million . Year-to-date through July 29 , the company has repurchased 2.9 million shares for $448 million . BETHESDA, Md. , Aug. 2, 2022 /PRNewswire/ -- Marriott International, Inc. (NASDAQ: MAR) today reported second quarter 2022 results.
Marriott International, Inc. logo (PRNewsfoto/Marriott International, Inc.)(PRNewswire) Anthony Capuano , Chief Executive Officer, said, "Marriott's second quarter results highlight consumers' love for travel. We reported outstanding results, as momentum in global lodging recovery continued. With demand increasing across all customer segments throughout the quarter, and nearly all countries easing travel restrictions, worldwide RevPAR1 surpassed 2019 levels in June. Second quarter average daily rate was robust, at 7 percent above 2019 levels, and worldwide occupancy reached 68 percent.
"In the U.S. & Canada , June RevPAR increased 3 percent compared to 2019. Among customer segments, group RevPAR saw the most meaningful acceleration in the second quarter, down just 1 percent to 2019 in June, compared to down nearly 30 percent in the first quarter. We have not seen signs of leisure travel abating, with leisure roomnights in the region more than 15 percent higher than second quarter 2019, and ADR meaningfully outpacing pre-pandemic levels. Europe also experienced notably strong RevPAR recovery, in large part due to the return of international visitors, with June RevPAR exceeding 2019.
"Marriott Bonvoy hit 169 million members by quarter's end. As our loyal guests get back on the road, penetration in the U.S. stood at 59 percent in the second quarter, topping 2019. Members are increasingly engaging with us during and outside of hotel stays. Second quarter co-brand credit card fees increased nearly 40 percent year over year, driven by continued strength in global cardholder acquisitions and cardholder spend, both of which achieved record levels in the quarter.
"On the development front, signing activity has accelerated in 2022, setting a second quarter record. We signed 23,000 rooms around the world in the second quarter, nearly 30 percent of which were conversions from competitor brands. Conversions continue to be a meaningful growth driver, comprising roughly 25 percent of room additions in the quarter.
"I am proud of the remarkable work our team has accomplished since the beginning of the pandemic. This has been the most challenging period in our company's history, but the resiliency of our associates and our business model have never been more evident. With our robust cash flow and profits, we resumed share repurchases during the second quarter, in addition to paying a cash dividend. Looking ahead, we are optimistic about our financial outlook and strong cash generation and expect to return more than $2.2 billion to shareholders through dividends and share repurchases in 2022."
Second Quarter 2022 Results
Marriott's reported operating income totaled $950 million in the 2022 second quarter, compared to 2021 second quarter reported operating income of $486 million . Reported net income totaled $678 million in the 2022 second quarter, compared to 2021 second quarter reported net income of $422 million . Reported diluted earnings per share (EPS) totaled $2.06 in the quarter, compared to reported diluted EPS of $1.28 in the year-ago quarter.
Adjusted operating income in the 2022 second quarter totaled $857 million , compared to 2021 second quarter adjusted operating income of $406 million .
Second quarter 2022 adjusted net income totaled $593 million , compared to 2021 second quarter adjusted net income of $260 million . Adjusted diluted EPS in the 2022 second quarter totaled $1.80 , compared to adjusted diluted EPS of $0.79 in the year-ago quarter. The 2022 second quarter adjusted results excluded $11 million after-tax ($0.03 per share) of gains on investees' property sales and a $2 million after-tax ($0.01 per share) gain on an asset disposition. The 2021 second quarter adjusted results excluded special tax items of $98 million ($0.30 per share).
Adjusted results also excluded cost reimbursement revenue, reimbursed expenses and restructuring, merger-related charges, and other expenses. See pages A-3 and A-12 for the calculation of adjusted results and the manner in which the adjusted measures are determined in this press release.
Base management and franchise fees totaled $938 million in the 2022 second quarter, compared to base management and franchise fees of $587 million in the year-ago quarter. The year-over-year increase in these fees is primarily attributable to RevPAR increases due to the ongoing recovery in lodging demand, as well as unit growth. Other non-RevPAR related franchise fees in the 2022 second quarter totaled $204 million , compared to $160 million in the year-ago quarter, aided by $40 million of higher credit card branding fees.
Incentive management fees totaled $135 million in the 2022 second quarter, compared to $55 million in the 2021 second quarter. More than one half of the incentive management fees recognized in the quarter were earned at hotels in the U.S. & Canada.
Owned, leased, and other revenue, net of direct expenses, totaled $83 million in the 2022 second quarter, compared to $19 million in the year-ago quarter. The $64 million increase in revenue net of expenses year over year largely reflects the ongoing recovery in lodging demand.
General, administrative, and other expenses for the 2022 second quarter totaled $231 million , compared to $187 million in the year-ago quarter. The year-over-year increase primarily reflects higher incentive compensation.
Interest expense, net, totaled $89 million in the second quarter compared to $102 million in the year-ago quarter. The decrease is largely due to lower interest expense associated with lower debt balances.
Equity in earnings/losses for the second quarter totaled $15 million of earnings, compared to an $8 million loss in the year-ago quarter. The improvement largely reflects $13 million of gains on joint ventures' sales of hotels and improved results at joint venture properties due to the ongoing recovery in lodging demand.
Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) totaled $1,019 million in the 2022 second quarter, compared to second quarter 2021 adjusted EBITDA of $558 million . See page A-12 for the adjusted EBITDA calculation.
Selected Performance Information
The company added 97 properties (16,917 rooms) to its worldwide lodging portfolio during the 2022 second quarter, including nearly 4,400 rooms converted from competitor brands and approximately 9,200 rooms in international markets. Twenty-five properties (3,661 rooms) exited the system during the quarter. At quarter end, Marriott's global lodging system totaled more than 8,100 properties, with over 1,500,000 rooms.
At quarter end, the company's worldwide development pipeline totaled 2,942 properties with more than 495,000 rooms, including 1,014 properties with approximately 203,300 rooms, or 41 percent of the pipeline, under construction and 197 properties with roughly 27,400 rooms approved for development, but not yet subject to signed contracts.
In the 2022 second quarter, worldwide RevPAR increased 70.6 percent (a 69.1 percent increase using actual dollars) compared to the 2021 second quarter. RevPAR in the U.S. & Canada increased 66.1 percent (a 66.0 percent increase using actual dollars), and RevPAR in international markets increased 87.8 percent (an 80.4 percent increase using actual dollars).
Balance Sheet
At quarter end, Marriott's net debt was $8.3 billion , representing total debt of $8.8 billion less cash and cash equivalents of $0.5 billion . At year-end 2021, the company's net debt was $8.7 billion , representing total debt of $10.1 billion less cash and cash equivalents of $1.4 billion .
Marriott Common Stock
The company repurchased 1.9 million shares of common stock in the 2022 second quarter for $300 million at an average price of $157.38 per share. Year-to-date through July 29 , the company has repurchased 2.9 million shares for $448 million at an average price of $152.99 per share.
2022 Outlook
Third Quarter 2022
vs Third Quarter 2019
Full Year 2022vs Full Year 2019
Comparable systemwide constant $ RevPAR
Worldwide
flat to +3%
-6% to -3%
U.S. & Canada
+1% to +4%
-3% to flat
International
-3% to flat
-13% to -10%
Year-End 2022vs Year-End 2021
Gross Rooms Growth
Approaching 5%
Deletions1
1.5% to 2%
Net rooms growth
3% to 3.5%
($ in millions, except EPS)
Third Quarter 2022
Full Year 2022
Gross fee revenues
$1,010 to $1,050
$3,930 to $4,030
Owned, leased, and other revenue, net of direct expenses
Approx. $60
Approx. $285
General, administrative, and other expenses2
$235 to $230
$900 to $890
Adjusted EBITDA3,4
$927 to $972
$3,682 to $3,792
Adjusted EPS - diluted4,5
$1.59 to $1.69
$6.33 to $6.59
Investment spending6
$600 to $650
Capital return to shareholders 7
More than $2,200
1 The increase in expected deletions compared to the company's prior expectation is due to the company's suspension of its operations in Russia.
2 The change in expected expense compared to the company's prior expectation primarily reflects an increase in incentive compensation.
3 See pages A-13 & A-14 for the adjusted EBITDA calculation.
4 Adjusted EBITDA and Adjusted EPS – diluted for third quarter and full year 2022 do not include cost reimbursement revenue, reimbursed expenses, or restructuring, merger-related charges, and other expenses, which the company cannot accurately forecast, and which may be significant, and do not reflect any asset sales that may occur during the remainder of the year. Adjusted EPS – diluted for full year 2022 excludes impairments, gains on investees' property sales, and gains on asset dispositions reported in the first half of 2022. See page A-3 for the Adjusted EPS – diluted calculation for the first half of 2022.
5 Assumes the level of capital return to shareholders noted above.
6 Investment spending includes capital and technology expenditures, loan advances, contract acquisition costs, and other investing activities. The decline in expected investment spending compared to the company's prior expectation reflects lower maintenance capital spending.
7 Assumes the level of investment spending noted above and no asset sales that may occur during the remainder of the year.
Marriott International, Inc. (NASDAQ: MAR) will conduct its quarterly earnings review for the investment community and news media on Tuesday, August 2, 2022 , at 8:30 a.m. Eastern Time (ET). The conference call will be webcast simultaneously via Marriott's investor relations website at http://www.marriott.com/investor , click on "Events & Presentations" and click on the quarterly conference call link. A replay will be available at that same website until August 2, 2023 .
The telephone dial-in number for the conference call is US Toll Free: 800-891-3968, or Global: +1 785-424-1675. The conference ID is MAR2Q22. A telephone replay of the conference call will be available from 1:00 p.m. ET , Tuesday, August 2, 2022 , until 8:00 p.m. ET , Tuesday, August 9 , 2022. To access the replay, call US Toll Free: 800-753-8831 or Global: +1 402-220-0687.
Note on forward-looking statements: All statements in this press release and the accompanying schedules are made as of August 2, 2022 . We undertake no obligation to publicly update or revise these statements, whether as a result of new information, future events or otherwise. This press release and the accompanying schedules contain "forward-looking statements" within the meaning of federal securities laws, including statements related to the possible effects on our business of the COVID-19 pandemic (COVID-19); our RevPAR, rooms growth and other financial metric estimates, outlook and assumptions; travel and lodging demand trends and expectations; occupancy, ADR and RevPAR recovery trends and expectations; future performance of the company's hotels; our development pipeline, signings, rooms growth, deletions and conversions; our investment spending and capital return expectations; and similar statements concerning anticipated future events and expectations that are not historical facts. We caution you that these statements are not guarantees of future performance and are subject to numerous evolving risks and uncertainties that we may not be able to accurately predict or assess, including the risk factors that we identify in our Securities and Exchange Commission filings, including our most recent Annual Report on Form 10-K or Quarterly Report on Form 10-Q. Any of these factors could cause actual results to differ materially from the expectations we express or imply in this press release.
Marriott International, Inc. (NASDAQ: MAR) is based in Bethesda, Maryland , USA, and encompasses a portfolio of more than 8,100 properties under 30 leading brands spanning 139 countries and territories. Marriott operates and franchises hotels and licenses vacation ownership resorts all around the world. The company offers Marriott Bonvoy®, its highly-awarded travel program. For more information, please visit our website at www.marriott.com , and for the latest company news, visit www.marriottnewscenter.com . In addition, connect with us on Facebook and @MarriottIntl on Twitter and Instagram .
Marriott encourages investors, the media, and others interested in the company to review and subscribe to the information Marriott posts on its investor relations website at www.marriott.com/investor or Marriott's news center website at www.marriottnewscenter.com , which may be material. The contents of these websites are not incorporated by reference into this press release or any report or document Marriott files with the SEC, and any references to the websites are intended to be inactive textual references only.
1 All occupancy, Average Daily Rate (ADR) and RevPAR statistics and estimates are systemwide constant dollar and include hotels that have been temporarily closed due to COVID-19. Unless otherwise stated, all changes refer to year-over-year changes for the comparable period. Occupancy, ADR and RevPAR comparisons between 2022 and 2021 reflect properties that are comparable in both years. Occupancy, ADR and RevPAR comparisons between 2022 and 2019 reflect properties that are defined as comparable as of June 30, 2022, even if they were not open and operating for the full year 2019 or they did not meet all the other criteria for comparable in 2019. Unless otherwise stated, all comparison to pre-pandemic or 2019 are comparing to the same time period each year.
IRPR#1
Tables follow
MARRIOTT INTERNATIONAL, INC.
PRESS RELEASE SCHEDULES
TABLE OF CONTENTS
QUARTER 2, 2022
Consolidated Statements of Income - As Reported
A-1
Non-GAAP Financial Measures
A-3
Total Lodging Products
A-4
Key Lodging Statistics
A-7
Adjusted EBITDA
A-12
Adjusted EBITDA Forecast - Third Quarter 2022
A-13
Adjusted EBITDA Forecast - Full Year 2022
A-14
Explanation of Non-GAAP Financial and Performance Measures
A-15
MARRIOTT INTERNATIONAL, INC.
CONSOLIDATED STATEMENTS OF INCOME - AS REPORTED
SECOND QUARTER 2022 AND 2021
(in millions except per share amounts, unaudited)
As Reported
As Reported
Percent
Three Months Ended
Three Months Ended
Better/(Worse)
June 30, 2022
June 30, 2021
Reported 2022 vs. 2021
REVENUES
Base management fees
$ 269
$ 156
72
Franchise fees 1
669
431
55
Incentive management fees
135
55
145
Gross Fee Revenues
1,073
642
67
Contract investment amortization 2
(19)
(18)
(6)
Net Fee Revenues
1,054
624
69
Owned, leased, and other revenue 3
364
187
95
Cost reimbursement revenue 4
3,920
2,338
68
Total Revenues
5,338
3,149
70
OPERATING COSTS AND EXPENSES
Owned, leased, and other - direct 5
281
168
(67)
Depreciation, amortization, and other 6
49
50
2
General, administrative, and other 7
231
187
(24)
Restructuring, merger-related charges, and other
-
3
100
Reimbursed expenses 4
3,827
2,255
(70)
Total Expenses
4,388
2,663
(65)
OPERATING INCOME
950
486
95
Gains and other income, net 8
2
5
(60)
Interest expense
(95)
(109)
13
Interest income
6
7
(14)
Equity in earnings (losses) 9
15
(8)
288
INCOME BEFORE INCOME TAXES
878
381
130
(Provision) benefit for income taxes
(200)
41
(588)
NET INCOME
$ 678
$ 422
61
EARNINGS PER SHARE
Earnings per share - basic
$ 2.06
$ 1.29
60
Earnings per share - diluted
$ 2.06
$ 1.28
61
Basic Shares
328.2
327.1
Diluted Shares
329.5
329.1
1
Franchise fees include fees from our franchise agreements, application and relicensing fees, licensing fees from our timeshare, credit card programs, and
residential branding fees.
2
Contract investment amortization includes amortization of capitalized costs to obtain contracts with our owner and franchisee customers, and any related
impairments, accelerations, or write-offs.
3
Owned, leased, and other revenue includes revenue from the properties we own or lease, termination fees, and other revenue.
4
Cost reimbursement revenue includes reimbursements from properties for property-level and centralized programs and services that we operate for the benefit of
our hotel owners. Reimbursed expenses include costs incurred by Marriott for certain property-level operating expenses and centralized programs and services.
5
Owned, leased, and other - direct expenses include operating expenses related to our owned or leased hotels, including lease payments and pre-opening expenses.
6
Depreciation, amortization, and other expenses include depreciation for fixed assets, amortization of capitalized costs incurred to acquire management, franchise,
and license agreements, and any related impairments, accelerations, or write-offs.
7
General, administrative, and other expenses include our corporate and business segments overhead costs and general expenses.
8
Gains and other income, net includes gains and losses on the sale of real estate, the sale of joint venture interests and other investments, and adjustments from
other equity investments.
9
Equity in earnings (losses) include our equity in earnings or losses of unconsolidated equity method investments.
MARRIOTT INTERNATIONAL, INC.
CONSOLIDATED STATEMENTS OF INCOME - AS REPORTED
SECOND QUARTER YEAR-TO-DATE 2022 AND 2021
(in millions except per share amounts, unaudited)
As Reported
As Reported
Percent
Six Months Ended
Six Months Ended
Better/(Worse)
June 30, 2022
June 30, 2021
Reported 2022 vs. 2021
REVENUES
Base management fees
$ 482
$ 262
84
Franchise fees 1
1,169
737
59
Incentive management fees
237
88
169
Gross Fee Revenues
1,888
1,087
74
Contract investment amortization 2
(43)
(35)
(23)
Net Fee Revenues
1,845
1,052
75
Owned, leased, and other revenue 3
626
295
112
Cost reimbursement revenue 4
7,066
4,118
72
Total Revenues
9,537
5,465
75
OPERATING COSTS AND EXPENSES
Owned, leased, and other - direct 5
478
303
(58)
Depreciation, amortization, and other 6
97
102
5
General, administrative, and other 7
439
398
(10)
Restructuring, merger-related charges, and other
9
4
(125)
Reimbursed expenses 4
7,006
4,088
(71)
Total Expenses
8,029
4,895
(64)
OPERATING INCOME
1,508
570
165
Gains and other income, net 8
6
6
-
Interest expense
(188)
(216)
13
Interest income
11
14
(21)
Equity in earnings (losses) 9
17
(20)
185
INCOME BEFORE INCOME TAXES
1,354
354
282
(Provision) benefit for income taxes
(299)
57
(625)
NET INCOME
$ 1,055
$ 411
157
EARNINGS PER SHARE
Earnings per share - basic
$ 3.21
$ 1.26
155
Earnings per share - diluted
$ 3.20
$ 1.25
156
Basic Shares
328.3
326.9
Diluted Shares
329.8
329.0
1
Franchise fees include fees from our franchise agreements, application and relicensing fees, licensing fees from our timeshare, credit card programs, and
residential branding fees.
2
Contract investment amortization includes amortization of capitalized costs to obtain contracts with our owner and franchisee customers, and any related
impairments, accelerations, or write-offs.
3
Owned, leased, and other revenue includes revenue from the properties we own or lease, termination fees, and other revenue.
4
Cost reimbursement revenue includes reimbursements from properties for property-level and centralized programs and services that we operate for the benefit of
our hotel owners. Reimbursed expenses include costs incurred by Marriott for certain property-level operating expenses and centralized programs and services.
5
Owned, leased, and other - direct expenses include operating expenses related to our owned or leased hotels, including lease payments and pre-opening expenses.
6
Depreciation, amortization, and other expenses include depreciation for fixed assets, amortization of capitalized costs incurred to acquire management, franchise,
and license agreements, and any related impairments, accelerations, or write-offs.
7
General, administrative, and other expenses include our corporate and business segments overhead costs and general expenses.
8
Gains and other income, net includes gains and losses on the sale of real estate, the sale of joint venture interests and other investments, and adjustments from
other equity investments.
9
Equity in earnings (losses) include our equity in earnings or losses of unconsolidated equity method investments.
MARRIOTT INTERNATIONAL, INC.
NON-GAAP FINANCIAL MEASURES
($ in millions except per share amounts)
The following table presents our reconciliations of Adjusted operating income, Adjusted operating income margin, Adjusted net income, and Adjusted diluted earnings per share, to the
most directly comparable GAAP measure. Adjusted total revenues is used in the determination of Adjusted operating income margin.
Three Months Ended
Six Months Ended
Percent
Percent
June 30,
June 30,
Better/
June 30,
June 30,
Better/
2022
2021
(Worse)
2022
2021
(Worse)
Total revenues, as reported
$ 5,338
$ 3,149
$ 9,537
$ 5,465
Less: Cost reimbursement revenue
(3,920)
(2,338)
(7,066)
(4,118)
Add: Impairments 1
-
-
5
Adjusted total revenues **
1,418
811
2,476
1,347
Operating income, as reported
950
486
1,508
570
Less: Cost reimbursement revenue
(3,920)
(2,338)
(7,066)
(4,118)
Add: Reimbursed expenses
3,827
2,255
7,006
4,088
Add: Restructuring, merger-related charges, and other
-
3
9
4
Add: Impairments 1
-
-
5
Adjusted operating income **
857
406
111 %
1,462
544
169 %
Operating income margin
18 %
15 %
16 %
10 %
Adjusted operating income margin **
60 %
50 %
59 %
40 %
Net income, as reported
678
422
1,055
411
Less: Cost reimbursement revenue
(3,920)
(2,338)
(7,066)
(4,118)
Add: Reimbursed expenses
3,827
2,255
7,006
4,088
Add: Restructuring, merger-related charges, and other
-
3
9
4
Add: Impairments 2
-
-
11
4
Less: Gains on investees' property sales 3
(13)
-
(21)
Less: Gain on asset dispositions 4
(2)
-
(2)
-
Income tax effect of above adjustments
23
16
14
3
Less: Income tax special items
-
(98)
-
(98)
Adjusted net income **
$ 593
$ 260
128 %
$ 1,006
$ 294
242 %
Diluted earnings per share, as reported
$ 2.06
$ 1.28
$ 3.20
$ 1.25
Adjusted diluted earnings per share**
$ 1.80
$ 0.79
128 %
$ 3.05
$ 0.89
243 %
**
Denotes non-GAAP financial measures. Please see pages A-15 and A-16 for information about our reasons for providing these alternative financial measures and the
limitations on their use.
1
Six months ended June 30, 2022 includes impairment charges reported in Contract investment amortization of $5 million.
2
Six months ended June 30, 2022 includes impairment charges reported in Contract investment amortization of $5 million and Equity in earnings (losses) of $6 million. Six months
ended June 30, 2021 includes impairment charges reported in Equity in earnings (losses) of $4 million.
3
Gains on investees' property sales reported in Equity in earnings (losses).
4
Gain on asset dispositions reported in Gains and other income, net.
MARRIOTT INTERNATIONAL, INC.
TOTAL LODGING PRODUCTS
As of June 30, 2022
US & Canada
Total International
Total Worldwide
Units
Rooms
Units
Rooms
Units
Rooms
Managed
633
216,227
1,327
337,992
1,960
554,219
Marriott Hotels
108
58,565
189
55,188
297
113,753
Marriott Hotels Serviced Apartments
-
-
1
154
1
154
Sheraton
26
21,338
181
61,338
207
82,676
Courtyard
169
27,259
108
23,421
277
50,680
Westin
40
21,865
76
23,543
116
45,408
JW Marriott
21
12,724
66
24,266
87
36,990
The Ritz-Carlton
38
11,398
68
17,149
106
28,547
The Ritz-Carlton Serviced Apartments
-
-
5
715
5
715
Renaissance
24
10,607
56
17,476
80
28,083
Four Points
1
134
80
22,336
81
22,470
Le Méridien
1
100
70
19,524
71
19,624
W Hotels
22
6,262
38
10,236
60
16,498
W Hotels Serviced Apartments
-
-
1
160
1
160
Residence Inn
76
12,199
9
1,116
85
13,315
St. Regis
10
1,968
39
9,114
49
11,082
St. Regis Serviced Apartments
-
-
1
70
1
70
The Luxury Collection
6
2,296
47
8,269
53
10,565
Aloft
2
505
44
9,735
46
10,240
Gaylord Hotels
6
10,220
-
-
6
10,220
AC Hotels by Marriott
7
1,165
70
8,613
77
9,778
Fairfield by Marriott
6
1,431
59
7,929
65
9,360
Delta Hotels
25
6,770
2
477
27
7,247
Autograph Collection
8
2,508
18
2,579
26
5,087
Marriott Executive Apartments
-
-
34
4,866
34
4,866
SpringHill Suites
25
4,241
-
-
25
4,241
EDITION
4
1,207
10
2,216
14
3,423
Protea Hotels
-
-
27
3,296
27
3,296
Element
2
640
12
2,273
14
2,913
Moxy
-
-
5
887
5
887
TownePlace Suites
6
825
-
-
6
825
Tribute Portfolio
-
-
6
604
6
604
Bulgari
-
-
5
442
5
442
Franchised
5,065
728,380
831
169,136
5,896
897,516
Courtyard
855
113,979
111
20,930
966
134,909
Fairfield by Marriott
1,125
105,858
42
7,093
1,167
112,951
Residence Inn
770
91,959
23
3,155
793
95,114
Marriott Hotels
232
73,751
61
17,791
293
91,542
Sheraton
153
47,828
70
20,238
223
68,066
SpringHill Suites
499
57,771
-
-
499
57,771
TownePlace Suites
475
48,424
-
-
475
48,424
Autograph Collection
135
26,666
99
21,262
234
47,928
Westin
91
30,818
26
7,717
117
38,535
Four Points
157
23,761
62
10,336
219
34,097
Renaissance
62
17,681
30
7,910
92
25,591
Aloft
149
21,411
20
3,265
169
24,676
AC Hotels by Marriott
97
16,004
40
7,422
137
23,426
Moxy
26
4,913
80
15,154
106
20,067
Delta Hotels
60
13,784
11
2,557
71
16,341
The Luxury Collection
12
3,188
55
9,959
67
13,147
Element
75
10,028
2
269
77
10,297
Tribute Portfolio
45
7,019
24
3,020
69
10,039
Le Méridien
24
5,548
17
4,419
41
9,967
JW Marriott
13
6,247
11
2,714
24
8,961
Protea Hotels
-
-
34
2,636
34
2,636
Design Hotels
9
1,313
10
1,062
19
2,375
The Ritz-Carlton
1
429
-
-
1
429
Bulgari
-
-
2
161
2
161
Marriott Executive Apartments
-
-
1
66
1
66
MARRIOTT INTERNATIONAL, INC.
TOTAL LODGING PRODUCTS
As of June 30, 2022
US & Canada
Total International
Total Worldwide
Units
Rooms
Units
Rooms
Units
Rooms
Owned/Leased
26
6,483
38
9,199
64
15,682
Courtyard
19
2,814
4
884
23
3,698
Marriott Hotels
2
1,308
6
2,064
8
3,372
Sheraton
-
-
4
1,830
4
1,830
W Hotels
2
779
2
665
4
1,444
Westin
1
1,073
-
-
1
1,073
Protea Hotels
-
-
5
912
5
912
Renaissance
1
317
2
505
3
822
Autograph Collection1
-
-
6
576
6
576
The Ritz-Carlton
-
-
2
550
2
550
JW Marriott
-
-
1
496
1
496
The Luxury Collection2
-
-
4
417
4
417
Residence Inn
1
192
1
140
2
332
St. Regis
-
-
1
160
1
160
Residences
66
6,935
42
3,691
108
10,626
The Ritz-Carlton Residences
39
4,317
14
1,131
53
5,448
St. Regis Residences
10
1,082
9
1,065
19
2,147
W Residences
10
1,089
6
546
16
1,635
Bulgari Residences
-
-
5
514
5
514
Westin Residences
3
266
1
9
4
275
Marriott Hotels Residences
-
-
2
246
2
246
The Luxury Collection Residences
1
91
3
115
4
206
EDITION Residences
3
90
-
-
3
90
Sheraton Residences
-
-
1
50
1
50
Le Méridien Residences
-
-
1
15
1
15
Timeshare*
72
18,839
20
3,862
92
22,701
Grand Total
5,862
976,864
2,258
523,880
8,120
1,500,744
*Timeshare property and room counts are included on this table in their geographical locations. For external reporting purposes, these counts are captured within "Unallocated corporate and other."
1 Includes five properties acquired when we purchased Elegant Hotels Group in December 2019 which we currently intend to re-brand under the Autograph Collection brand following the completion of planned renovations.
2 Includes two properties acquired when we purchased Elegant Hotels Group in December 2019 which we currently intend to re-brand under The Luxury Collection brand following the completion of planned renovations.
MARRIOTT INTERNATIONAL, INC.
TOTAL LODGING PRODUCTS
As of June 30, 2022
US & Canada
Total International
Total Worldwide
Total Systemwide
Units
Rooms
Units
Rooms
Units
Rooms
Luxury
192
53,167
395
91,130
587
144,297
JW Marriott
34
18,971
78
27,476
112
46,447
The Ritz-Carlton
39
11,827
70
17,699
109
29,526
The Ritz-Carlton Residences
39
4,317
14
1,131
53
5,448
The Ritz-Carlton Serviced Apartments
-
-
5
715
5
715
The Luxury Collection1
18
5,484
106
18,645
124
24,129
The Luxury Collection Residences
1
91
3
115
4
206
W Hotels
24
7,041
40
10,901
64
17,942
W Residences
10
1,089
6
546
16
1,635
W Hotels Serviced Apartments
-
-
1
160
1
160
St. Regis
10
1,968
40
9,274
50
11,242
St. Regis Residences
10
1,082
9
1,065
19
2,147
St. Regis Serviced Apartments
-
-
1
70
1
70
EDITION
4
1,207
10
2,216
14
3,423
EDITION Residences
3
90
-
-
3
90
Bulgari
-
-
7
603
7
603
Bulgari Residences
-
-
5
514
5
514
Full-Service
1,056
359,345
1,005
277,086
2,061
636,431
Marriott Hotels
342
133,624
256
75,043
598
208,667
Marriott Hotels Residences
-
-
2
246
2
246
Marriott Hotels Serviced Apartments
-
-
1
154
1
154
Sheraton
179
69,166
255
83,406
434
152,572
Sheraton Residences
-
-
1
50
1
50
Westin
132
53,756
102
31,260
234
85,016
Westin Residences
3
266
1
9
4
275
Renaissance
87
28,605
88
25,891
175
54,496
Autograph Collection2
143
29,174
123
24,417
266
53,591
Le Méridien
25
5,648
87
23,943
112
29,591
Le Méridien Residences
-
-
1
15
1
15
Delta Hotels
85
20,554
13
3,034
98
23,588
Tribute Portfolio
45
7,019
30
3,624
75
10,643
Gaylord Hotels
6
10,220
-
-
6
10,220
Marriott Executive Apartments
-
-
35
4,932
35
4,932
Design Hotels
9
1,313
10
1,062
19
2,375
Limited-Service
4,542
545,513
838
151,802
5,380
697,315
Courtyard
1,043
144,052
223
45,235
1,266
189,287
Fairfield by Marriott
1,131
107,289
101
15,022
1,232
122,311
Residence Inn
847
104,350
33
4,411
880
108,761
SpringHill Suites
524
62,012
-
-
524
62,012
Four Points
158
23,895
142
32,672
300
56,567
TownePlace Suites
481
49,249
-
-
481
49,249
Aloft
151
21,916
64
13,000
215
34,916
AC Hotels by Marriott
104
17,169
110
16,035
214
33,204
Moxy
26
4,913
85
16,041
111
20,954
Element
77
10,668
14
2,542
91
13,210
Protea Hotels
-
-
66
6,844
66
6,844
Timeshare*
72
18,839
20
3,862
92
22,701
Grand Total
5,862
976,864
2,258
523,880
8,120
1,500,744
*Timeshare property and room counts are included on this table in their geographical locations. For external reporting purposes, these counts are captured within "Unallocated corporate and other."
1 Includes two properties acquired when we purchased Elegant Hotels Group in December 2019 which we currently intend to re-brand under The Luxury Collection brand following the completion of planned renovations.
2 Includes five properties acquired when we purchased Elegant Hotels Group in December 2019 which we currently intend to re-brand under the Autograph Collection brand following the completion of planned renovations.
MARRIOTT INTERNATIONAL, INC.
KEY LODGING STATISTICS
In Constant $
Comparable Company-Operated US & Canada Properties
Three Months Ended June 30, 2022 and June 30, 2021
REVPAR
Occupancy
Average Daily Rate
Brand
2022
vs. 2021
2022
vs. 2021
2022
vs. 2021
JW Marriott
$231.91
85.6 %
72.3 %
24.7 %
pts.
$320.80
22.2 %
The Ritz-Carlton
$362.15
56.9 %
69.9 %
21.0 %
pts.
$517.87
9.8 %
W Hotels
$255.22
91.5 %
70.4 %
27.8 %
pts.
$362.60
15.9 %
Composite US & Canada Luxury1
$302.00
76.2 %
71.5 %
24.9 %
pts.
$422.63
14.9 %
Marriott Hotels
$163.82
145.4 %
71.7 %
31.0 %
pts.
$228.51
39.4 %
Sheraton
$159.10
161.9 %
69.5 %
35.5 %
pts.
$228.90
28.3 %
Westin
$184.25
125.2 %
72.7 %
30.9 %
pts.
$253.54
29.3 %
Composite US & Canada Premium2
$164.67
146.7 %
71.1 %
32.6 %
pts.
$231.45
33.6 %
US & Canada Full-Service3
$194.18
117.6 %
71.2 %
30.9 %
pts.
$272.67
23.0 %
Courtyard
$111.38
69.3 %
70.2 %
12.2 %
pts.
$158.75
40.0 %
Residence Inn
$149.16
45.3 %
80.2 %
8.7 %
pts.
$186.01
29.6 %
Composite US & Canada Limited-Service4
$122.92
63.3 %
73.4 %
12.1 %
pts.
$167.51
36.3 %
US & Canada - All5
$177.42
106.4 %
71.7 %
26.5 %
pts.
$247.36
30.1 %
Comparable Systemwide US & Canada Properties
Three Months Ended June 30, 2022 and June 30, 2021
REVPAR
Occupancy
Average Daily Rate
Brand
2022
vs. 2021
2022
vs. 2021
2022
vs. 2021
JW Marriott
$228.46
82.0 %
73.4 %
24.5 %
pts.
$311.06
21.2 %
The Ritz-Carlton
$358.57
58.6 %
70.0 %
21.5 %
pts.
$512.40
9.9 %
W Hotels
$255.22
91.5 %
70.4 %
27.8 %
pts.
$362.60
15.9 %
Composite US & Canada Luxury1
$287.44
77.4 %
72.0 %
24.8 %
pts.
$399.28
16.3 %
Marriott Hotels
$138.67
103.8 %
68.9 %
24.6 %
pts.
$201.20
30.9 %
Sheraton
$119.85
112.0 %
65.6 %
24.5 %
pts.
$182.65
33.0 %
Westin
$164.16
113.9 %
71.5 %
28.0 %
pts.
$229.44
30.1 %
Composite US & Canada Premium2
$143.42
102.9 %
69.0 %
25.3 %
pts.
$208.00
28.5 %
US & Canada Full-Service3
$160.25
97.0 %
69.3 %
25.2 %
pts.
$231.22
25.2 %
Courtyard
$112.24
52.6 %
72.3 %
11.6 %
pts.
$155.31
28.1 %
Residence Inn
$127.70
33.5 %
79.9 %
6.1 %
pts.
$159.82
23.2 %
Fairfield by Marriott
$93.87
33.9 %
72.9 %
7.4 %
pts.
$128.84
20.3 %
Composite US & Canada Limited-Service4
$110.59
42.5 %
74.6 %
9.0 %
pts.
$148.28
25.3 %
US & Canada - All5
$131.53
66.1 %
72.4 %
15.9 %
pts.
$181.79
29.7 %
1 Includes JW Marriott, The Ritz-Carlton, W Hotels, The Luxury Collection, St. Regis, and EDITION.
2 Includes Marriott Hotels, Sheraton, Westin, Renaissance, Autograph Collection, Delta Hotels, and Gaylord Hotels.
Systemwide also includes Le Méridien and Tribute Portfolio.
3 Includes Composite US & Canada Luxury and Composite US & Canada Premium.
4 Includes Courtyard, Residence Inn, Fairfield by Marriott, SpringHill Suites, TownePlace Suites, Four Points, Aloft, Element,
and AC Hotels by Marriott. Systemwide also includes Moxy.
5 Includes US & Canada Full-Service and Composite US & Canada Limited-Service.
MARRIOTT INTERNATIONAL, INC.
KEY LODGING STATISTICS
In Constant $
Comparable Company-Operated International Properties
Three Months Ended June 30, 2022 and June 30, 2021
REVPAR
Occupancy
Average Daily Rate
Region
2022
vs. 2021
2022
vs. 2021
2022
vs. 2021
Greater China
$44.13
-44.9 %
43.1 %
-21.5 %
pts.
$102.42
-17.3 %
Asia Pacific excluding China
$79.22
156.3 %
58.6 %
28.9 %
pts.
$135.16
29.8 %
Caribbean & Latin America
$126.33
76.6 %
60.8 %
20.2 %
pts.
$207.76
17.8 %
Europe
$164.92
357.5 %
69.6 %
46.5 %
pts.
$237.13
51.9 %
Middle East & Africa
$106.13
60.7 %
60.3 %
14.5 %
pts.
$175.94
22.0 %
International - All 1
$91.80
64.4 %
56.2 %
13.4 %
pts.
$163.23
25.1 %
Worldwide 2
$130.20
87.7 %
63.2 %
19.3 %
pts.
$206.07
30.4 %
Comparable Systemwide International Properties
Three Months Ended June 30, 2022 and June 30, 2021
REVPAR
Occupancy
Average Daily Rate
Region
2022
vs. 2021
2022
vs. 2021
2022
vs. 2021
Greater China
$42.08
-43.9 %
41.8 %
-20.9 %
pts.
$100.73
-15.7 %
Asia Pacific excluding China
$79.01
151.5 %
58.9 %
29.1 %
pts.
$134.08
27.5 %
Caribbean & Latin America
$108.21
87.5 %
59.6 %
20.7 %
pts.
$181.57
22.3 %
Europe
$135.51
355.4 %
67.5 %
46.1 %
pts.
$200.79
44.3 %
Middle East & Africa
$99.71
64.1 %
59.9 %
15.4 %
pts.
$166.49
21.9 %
International - All 1
$90.91
87.8 %
57.2 %
18.6 %
pts.
$158.86
26.6 %
Worldwide 2
$119.37
70.6 %
67.8 %
16.7 %
pts.
$175.99
28.6 %
1 Includes Greater China, Asia Pacific excluding China, Caribbean & Latin America, Europe, and Middle East & Africa.
2 Includes US & Canada - All and International - All.
MARRIOTT INTERNATIONAL, INC.
KEY LODGING STATISTICS
In Constant $
Comparable Company-Operated US & Canada Properties
Six Months Ended June 30, 2022 and June 30, 2021
REVPAR
Occupancy
Average Daily Rate
Brand
2022
vs. 2021
2022
vs. 2021
2022
vs. 2021
JW Marriott
$210.91
98.6 %
64.2 %
24.7 %
pts.
$328.50
22.2 %
The Ritz-Carlton
$342.13
77.5 %
63.7 %
22.8 %
pts.
$537.17
14.0 %
W Hotels
$233.95
101.5 %
60.6 %
25.0 %
pts.
$386.22
18.2 %
Composite US & Canada Luxury1
$285.51
92.9 %
64.1 %
25.2 %
pts.
$445.56
17.0 %
Marriott Hotels
$135.90
167.8 %
61.9 %
29.7 %
pts.
$219.52
39.4 %
Sheraton
$138.59
218.6 %
62.1 %
36.4 %
pts.
$223.05
31.7 %
Westin
$154.74
149.7 %
63.4 %
30.2 %
pts.
$244.22
30.5 %
Composite US & Canada Premium2
$137.42
173.9 %
61.4 %
31.2 %
pts.
$223.72
34.9 %
US & Canada Full-Service3
$169.23
137.7 %
62.0 %
29.9 %
pts.
$272.98
23.1 %
Courtyard
$95.11
83.6 %
62.7 %
13.1 %
pts.
$151.78
45.1 %
Residence Inn
$135.35
50.4 %
75.4 %
8.9 %
pts.
$179.43
32.6 %
Composite US & Canada Limited-Service4
$107.75
74.9 %
66.9 %
13.3 %
pts.
$161.10
40.0 %
US & Canada - All5
$154.77
124.5 %
63.1 %
26.0 %
pts.
$245.11
32.1 %
Comparable Systemwide US & Canada Properties
Six Months Ended June 30, 2022 and June 30, 2021
REVPAR
Occupancy
Average Daily Rate
Brand
2022
vs. 2021
2022
vs. 2021
2022
vs. 2021
JW Marriott
$211.32
101.5 %
66.2 %
25.0 %
pts.
$319.19
25.4 %
The Ritz-Carlton
$336.30
79.4 %
63.4 %
23.2 %
pts.
$530.71
13.6 %
W Hotels
$233.95
101.5 %
60.6 %
25.0 %
pts.
$386.22
18.2 %
Composite US & Canada Luxury1
$269.60
95.9 %
64.7 %
25.3 %
pts.
$416.73
19.3 %
Marriott Hotels
$116.53
122.5 %
60.1 %
24.2 %
pts.
$193.86
32.9 %
Sheraton
$101.94
134.8 %
58.0 %
24.2 %
pts.
$175.62
36.9 %
Westin
$140.20
136.7 %
63.1 %
27.7 %
pts.
$222.34
32.6 %
Composite US & Canada Premium2
$121.60
122.7 %
60.4 %
24.8 %
pts.
$201.26
31.2 %
US & Canada Full-Service3
$138.89
116.0 %
60.9 %
24.9 %
pts.
$228.00
27.7 %
Courtyard
$96.01
64.5 %
65.2 %
13.0 %
pts.
$147.35
31.7 %
Residence Inn
$114.57
37.4 %
74.9 %
6.9 %
pts.
$152.99
24.7 %
Fairfield by Marriott
$81.65
45.5 %
66.6 %
10.2 %
pts.
$122.65
23.3 %
Composite US & Canada Limited-Service4
$96.38
51.1 %
68.4 %
10.6 %
pts.
$140.91
27.6 %
US & Canada - All5
$114.31
78.6 %
65.2 %
16.7 %
pts.
$175.20
33.0 %
1 Includes JW Marriott, The Ritz-Carlton, W Hotels, The Luxury Collection, St. Regis, and EDITION.
2 Includes Marriott Hotels, Sheraton, Westin, Renaissance, Autograph Collection, Delta Hotels, and Gaylord Hotels.
Systemwide also includes Le Méridien and Tribute Portfolio.
3 Includes Composite US & Canada Luxury and Composite US & Canada Premium.
4 Includes Courtyard, Residence Inn, Fairfield by Marriott, SpringHill Suites, TownePlace Suites, Four Points, Aloft, Element,
and AC Hotels by Marriott. Systemwide also includes Moxy.
5 Includes US & Canada Full-Service and Composite US & Canada Limited-Service.
MARRIOTT INTERNATIONAL, INC.
KEY LODGING STATISTICS
In Constant $
Comparable Company-Operated International Properties
Six Months Ended June 30, 2022 and June 30, 2021
REVPAR
Occupancy
Average Daily Rate
Region
2022
vs. 2021
2022
vs. 2021
2022
vs. 2021
Greater China
$48.79
-29.4 %
42.6 %
-13.8 %
pts.
$114.47
-6.6 %
Asia Pacific excluding China
$68.62
109.4 %
51.8 %
20.4 %
pts.
$132.45
26.9 %
Caribbean & Latin America
$128.74
109.3 %
59.2 %
23.7 %
pts.
$217.38
25.6 %
Europe
$123.50
370.5 %
56.3 %
38.4 %
pts.
$219.54
49.1 %
Middle East & Africa
$117.34
78.9 %
63.2 %
19.0 %
pts.
$185.75
25.1 %
International - All 1
$84.82
68.1 %
52.2 %
13.0 %
pts.
$162.48
26.2 %
Worldwide 2
$116.23
97.8 %
57.1 %
18.8 %
pts.
$203.50
32.5 %
Comparable Systemwide International Properties
Six Months Ended June 30, 2022 and June 30, 2021
REVPAR
Occupancy
Average Daily Rate
Region
2022
vs. 2021
2022
vs. 2021
2022
vs. 2021
Greater China
$46.57
-28.4 %
41.7 %
-13.3 %
pts.
$111.73
-5.5 %
Asia Pacific excluding China
$68.61
104.3 %
52.1 %
20.2 %
pts.
$131.79
24.9 %
Caribbean & Latin America
$104.65
119.2 %
56.4 %
22.7 %
pts.
$185.63
30.8 %
Europe
$99.99
368.1 %
53.4 %
37.0 %
pts.
$187.41
43.8 %
Middle East & Africa
$109.21
81.4 %
62.3 %
19.3 %
pts.
$175.32
25.3 %
International - All 1
$80.95
87.1 %
51.8 %
16.6 %
pts.
$156.40
27.2 %
Worldwide 2
$104.33
80.5 %
61.2 %
16.6 %
pts.
$170.45
31.5 %
1 Includes Greater China, Asia Pacific excluding China, Caribbean & Latin America, Europe, and Middle East & Africa.
2 Includes US & Canada - All and International - All.
MARRIOTT INTERNATIONAL, INC.
KEY LODGING STATISTICS - 2022 vs 2019
In Constant $
Comparable Systemwide Properties1
Three Months Ended June 30, 2022 and June 30, 2019
REVPAR
Occupancy
Average Daily Rate
Region
2022
vs. 2019
2022
vs. 2019
2022
vs. 2019
Greater China
$42.08
-52.2 %
41.8 %
-25.7 %
pts.
$100.73
-22.9 %
Asia Pacific excluding China
$79.01
-21.7 %
58.9 %
-11.0 %
pts.
$134.08
-7.1 %
Caribbean & Latin America
$108.21
12.9 %
59.6 %
-1.6 %
pts.
$181.57
16.0 %
Europe
$135.51
-4.3 %
67.5 %
-9.0 %
pts.
$200.79
8.4 %
Middle East & Africa
$99.71
15.6 %
59.9 %
-3.0 %
pts.
$166.49
21.4 %
International - All2
$90.91
-14.1 %
57.2 %
-11.8 %
pts.
$158.86
3.6 %
US & Canada - All
$131.53
1.3 %
72.4 %
-5.0 %
pts.
$181.79
8.2 %
Worldwide 3
$119.37
-2.9 %
67.8 %
-7.1 %
pts.
$175.99
7.2 %
Comparable Systemwide Properties1
Six Months Ended June 30, 2022 and June 30, 2019
REVPAR
Occupancy
Average Daily Rate
Region
2022
vs. 2019
2022
vs. 2019
2022
vs. 2019
Greater China
$46.57
-47.4 %
41.7 %
-23.7 %
pts.
$111.73
-17.4 %
Asia Pacific excluding China
$68.61
-35.8 %
52.1 %
-18.5 %
pts.
$131.79
-13.0 %
Caribbean & Latin America
$104.65
-1.4 %
56.4 %
-6.4 %
pts.
$185.63
9.9 %
Europe
$99.99
-18.4 %
53.4 %
-16.4 %
pts.
$187.41
6.6 %
Middle East & Africa
$109.21
13.6 %
62.3 %
-3.7 %
pts.
$175.32
20.4 %
International - All2
$80.95
-22.9 %
51.8 %
-15.9 %
pts.
$156.40
0.7 %
US & Canada - All
$114.31
-6.1 %
65.2 %
-8.0 %
pts.
$175.20
5.4 %
Worldwide3
$104.33
-10.8 %
61.2 %
-10.4 %
pts.
$170.45
4.4 %
1 The comparisons between 2022 and 2019 reflect properties that are defined as comparable as of June 30, 2022, even if in 2019 they were not open and operating for the full year or did not meet all the criteria for comparable in 2019.
2 Includes Greater China, Asia Pacific excluding China, Caribbean & Latin America, Europe, and Middle East & Africa.
3 Includes US & Canada - All and International - All.
MARRIOTT INTERNATIONAL, INC.
NON-GAAP FINANCIAL MEASURES
ADJUSTED EBITDA
($ in millions)
Fiscal Year 2022
First Quarter
Second Quarter
Total
Net income, as reported
$ 377
$ 678
$ 1,055
Cost reimbursement revenue
(3,146)
(3,920)
(7,066)
Reimbursed expenses
3,179
3,827
7,006
Interest expense
93
95
188
Interest expense from unconsolidated joint ventures
1
2
3
Provision for income taxes
99
200
299
Depreciation and amortization
48
49
97
Contract investment amortization
24
19
43
Depreciation and amortization classified in reimbursed expenses
26
29
55
Depreciation, amortization, and impairments from unconsolidated joint ventures
13
3
16
Stock-based compensation
44
52
96
Restructuring, merger-related charges, and other
9
-
9
Gains on investees' property sales
(8)
(13)
(21)
Gain on asset dispositions
-
(2)
(2)
Adjusted EBITDA **
$ 759
$ 1,019
$ 1,778
Change from 2021 Adjusted EBITDA **
156 %
83 %
108 %
Fiscal Year 2021
First Quarter
Second Quarter
Third Quarter
Fourth Quarter
Total
Net (loss) income, as reported
$ (11)
$ 422
$ 220
$ 468
$ 1,099
Cost reimbursement revenue
(1,780)
(2,338)
(2,950)
(3,374)
(10,442)
Reimbursed expenses
1,833
2,255
2,917
3,317
10,322
Loss on extinguishment of debt
-
-
164
-
164
Interest expense
107
109
107
97
420
Interest expense from unconsolidated joint ventures
2
1
2
2
7
(Benefit) provision for income taxes
(16)
(41)
58
80
81
Depreciation and amortization
52
50
64
54
220
Contract investment amortization
17
18
21
19
75
Depreciation and amortization classified in reimbursed expenses
28
27
28
28
111
Depreciation, amortization, and impairments from unconsolidated joint ventures
10
9
5
7
31
Stock-based compensation
53
43
43
43
182
Restructuring, merger-related charges, and other
1
3
4
-
8
Adjusted EBITDA **
$ 296
$ 558
$ 683
$ 741
$ 2,278
** Denotes non-GAAP financial measures. Please see pages A-15 and A-16 for information about our reasons for providing these alternative financial measures and the
limitations on their use.
MARRIOTT INTERNATIONAL, INC.
NON-GAAP FINANCIAL MEASURES
ADJUSTED EBITDA FORECAST
THIRD QUARTER 2022
($ in millions)
Range
Estimated Third Quarter 2022
Third Quarter 2021 **
Net income excluding certain items 1
$ 517
$ 551
Interest expense
100
100
Interest expense from unconsolidated joint ventures
1
1
Provision for income taxes
161
172
Depreciation and amortization
45
45
Contract investment amortization
20
20
Depreciation and amortization classified in reimbursed expenses
29
29
Depreciation, amortization, and impairments from unconsolidated joint ventures
5
5
Stock-based compensation
49
49
Adjusted EBITDA **
$ 927
$ 972
$ 683
Increase over 2021 Adjusted EBITDA **
36 %
42 %
**
Denotes non-GAAP financial measures. See pages A-15 and A-16 for information about our reasons for providing these alternative
financial measures and the limitations on their use.
1
Guidance excludes cost reimbursement revenue, reimbursed expenses, and restructuring, merger-related charges, and other expenses, which the
company cannot accurately forecast and which may be significant, except for depreciation and amortization classified in reimbursed expenses, which is
included in the caption "Depreciation and amortization classified in reimbursed expenses" above. Guidance does not reflect any additional asset sales
that may occur during the year.
MARRIOTT INTERNATIONAL, INC.
NON-GAAP FINANCIAL MEASURES
ADJUSTED EBITDA FORECAST
FULL YEAR 2022
($ in millions)
Range
Estimated Full Year 2022
Full Year 2021**
Net income excluding certain items 1
$ 2,076
$ 2,160
Interest expense
390
390
Interest expense from unconsolidated joint ventures
6
6
Provision for income taxes
619
645
Depreciation and amortization
195
195
Contract investment amortization
85
85
Depreciation and amortization classified in reimbursed expenses
113
113
Depreciation, amortization, and impairments from unconsolidated joint ventures
27
27
Stock-based compensation
194
194
Gains on investees' property sales
(21)
(21)
Gain on asset dispositions
(2)
(2)
Adjusted EBITDA **
$ 3,682
$ 3,792
$ 2,278
Increase over 2021 Adjusted EBITDA **
62 %
66 %
**
Denotes non-GAAP financial measures. See pages A-15 and A-16 for information about our reasons for providing these alternative
financial measures and the limitations on their use.
1
Guidance excludes cost reimbursement revenue, reimbursed expenses, and restructuring, merger-related charges, and other expenses, which the
company cannot accurately forecast and which may be significant, except for depreciation and amortization classified in reimbursed expenses, which is
included in the caption "Depreciation and amortization classified in reimbursed expenses" above. Guidance does not reflect any additional asset sales
that may occur during the year.
MARRIOTT INTERNATIONAL, INC.
EXPLANATION OF NON-GAAP FINANCIAL AND PERFORMANCE MEASURES
In our press release and schedules, and on the related conference call, we report certain financial measures that are not required by, or presented in accordance with, United States generally accepted accounting principles ("GAAP"). We discuss the manner in which the non-GAAP measures reported in this press release and schedules are determined and management's reasons for reporting these non-GAAP measures below, and the press release schedules reconcile the most directly comparable GAAP measure to each non-GAAP measure that we refer to. Although management evaluates and presents these non-GAAP measures for the reasons described below, please be aware that these non-GAAP measures have limitations and should not be considered in isolation or as a substitute for revenue, operating income, net income, earnings per share or any other comparable operating measure prescribed by GAAP. In addition, we may calculate and/or present these non-GAAP financial measures differently than measures with the same or similar names that other companies report, and as a result, the non-GAAP measures we report may not be comparable to those reported by others.
Adjusted Operating Income and Adjusted Operating Income Margin. Adjusted operating income and Adjusted operating income margin exclude cost reimbursement revenue, reimbursed expenses, restructuring, merger-related charges, and other expenses, and certain non-cash impairment charges. Adjusted operating income margin reflects Adjusted operating income divided by Adjusted total revenues. We believe that these are meaningful metrics because they allow for period-over-period comparisons of our ongoing operations before these items and for the reasons further described below.
Adjusted Net Income and Adjusted Diluted Earnings Per Share. Adjusted net income and Adjusted diluted earnings per share reflect our net income and diluted earnings per share excluding the impact of cost reimbursement revenue, reimbursed expenses, restructuring, merger-related charges, and other expenses, certain non-cash impairment charges, gains and losses on asset dispositions made by us or by our joint venture investees (when applicable), the income tax effect of these adjustments, and income tax special items. The income tax special items primarily related to the income tax benefit arising from the favorable resolution of pre-acquisition Starwood tax audits in the 2021 second quarter. We calculate the income tax effect of the adjustments using an estimated tax rate applicable to each adjustment. We believe that these measures are meaningful indicators of our performance because they allow for period-over-period comparisons of our ongoing operations before these items and for the reasons further described below.
Adjusted Earnings Before Interest Expense, Taxes, Depreciation and Amortization ("Adjusted EBITDA"). Adjusted EBITDA reflects net income/loss excluding the impact of the following items: cost reimbursement revenue and reimbursed expenses, interest expense, depreciation and amortization (including depreciation and amortization classified in "Reimbursed expenses," as discussed below), certain non-cash impairment charges related to equity investments, benefit (provision) for income taxes, restructuring, merger-related charges, and other expenses, and stock-based compensation expense for all periods presented. When applicable, Adjusted EBITDA also excludes loss on extinguishment of debt and gains and losses on asset dispositions made by us or by our joint venture investees.
In our presentations of Adjusted operating income and Adjusted operating income margin, Adjusted net income and Adjusted diluted earnings per share, and Adjusted EBITDA, we exclude a one-time cost in the 2022 first quarter related to certain property-level adjustments related to compensation, charges incurred under our restructuring plans that we initiated beginning in the 2020 second quarter to achieve cost savings in response to the decline in lodging demand caused by COVID-19, and transition costs associated with the Starwood merger, which we record in the "Restructuring, merger-related charges, and other" caption of our Condensed Consolidated Statements of Income (our "Income Statements"), as well as the loss related to the debt extinguishment in the 2021 third quarter, which we recorded in the "Loss on extinguishment of debt" caption of our prior period Income Statements, to allow for period-over period comparisons of our ongoing operations before the impact of these items. We also exclude non-cash impairment charges (if above a specified threshold) related to our management and franchise contracts (if the impairment is non-routine), leases, equity investments, and other capitalized assets, which we record in the "Contract investment amortization," "Depreciation, amortization, and other," and "Equity in earnings (losses)" captions of our Income Statements to allow for period-over period comparisons of our ongoing operations before the impact of these items. We exclude cost reimbursement revenue and reimbursed expenses, which relate to property-level and centralized programs and services that we operate for the benefit of our hotel owners. We do not operate these programs and services to generate a profit over the long term, and accordingly, when we recover the costs that we incur for these programs and services from our hotel owners, we do not seek a mark-up. For property-level services, our owners typically reimburse us at the same time that we incur expenses. However, for centralized programs and services, our owners may reimburse us before or after we incur expenses, causing timing differences between the costs we incur and the related reimbursement from hotel owners in our operating and net income. Over the long term, these programs and services are not designed to impact our economics, either positively or negatively. Because we do not retain any such profits or losses over time, we exclude the net impact when evaluating period-over-period changes in our operating results.
We believe that Adjusted EBITDA is a meaningful indicator of our operating performance because it permits period-over-period comparisons of our ongoing operations before these items. Our use of Adjusted EBITDA also facilitates comparison with results from other lodging companies because it excludes certain items that can vary widely across different industries or among companies within the same industry. For example, interest expense can be dependent on a company's capital structure, debt levels, and credit ratings. Accordingly, the impact of interest expense on earnings can vary significantly among companies. The tax positions of companies can also vary because of their differing abilities to take advantage of tax benefits and because of the tax policies of the jurisdictions in which they operate. As a result, effective tax rates and provisions for income taxes can vary considerably among companies. Our Adjusted EBITDA also excludes depreciation and amortization expense, which we report under "Depreciation, amortization, and other" as well as depreciation and amortization classified in "Contract investment amortization," "Reimbursed expenses," and "Equity in earnings (losses)" of our Income Statements, because companies utilize productive assets of different ages and use different methods of both acquiring and depreciating productive assets. Depreciation and amortization classified in "Reimbursed expenses" reflects depreciation and amortization of Marriott-owned assets and software, for which we receive cash from owners to reimburse the company for its investments made for the benefit of the system. These differences can result in considerable variability in the relative costs of productive assets and the depreciation and amortization expense among companies. We exclude stock-based compensation expense in all periods presented to address the considerable variability among companies in recording compensation expense because companies use stock-based payment awards differently, both in the type and quantity of awards granted.
MARRIOTT INTERNATIONAL, INC.
EXPLANATION OF NON-GAAP FINANCIAL AND PERFORMANCE MEASURES
RevPAR. In addition to the foregoing non-GAAP financial measures, we present Revenue per Available Room ("RevPAR") as a performance measure. We believe RevPAR is a meaningful indicator of our performance because it measures the period-over-period change in room revenues for comparable properties. RevPAR relates to property level revenue and may not be comparable to similarly titled measures, such as revenues, and should not be viewed as necessarily correlating with our fee revenue. We calculate RevPAR by dividing room sales (recorded in local currency) for comparable properties by room nights available for the period. We do not consider interruptions related to COVID-19 when determining which properties to classify as comparable. The comparisons between 2022 and 2019 reflect properties that are defined as comparable as of June 30, 2022, even if in 2019 they were not open and operating for the full year or did not meet all the other criteria for comparable in 2019. We present growth in comparative RevPAR on a constant dollar basis, which we calculate by applying exchange rates for the current period to each period presented. We believe constant dollar analysis provides valuable information regarding our properties' performance as it removes currency fluctuations from the presentation of such results.
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https://www.wibw.com/prnewswire/2022/08/02/marriott-international-reports-outstanding-second-quarter-2022-results-resumes-share-repurchases/
| 2022-08-02T12:25:20Z
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BEIJING, June 15, 2022 /PRNewswire/ -- A news report by China's Diplomacy in the New Era (chinadiplomacy.org.cn):
Through visionary proposals and concrete actions, China not only bid farewell to absolute poverty, but also enlightened the world. While contributing to global development and upholding international order, how is Xi Jinping Thought on Diplomacy reshaping China's global image? Let's hear what Prof. Sun Jisheng, vice president of China Foreign Affairs University, says.
Diplomacy Talk
http://en.chinadiplomacy.org.cn/node_8028184.html
About Chinadiplomacy.org.cn: The website for China's Diplomacy in the New Era was jointly built by China Internet Information Center and China Institute of International Studies (Xi Jinping Thought on Diplomacy Studies Center). The website offers the latest news and information about Xi Jinping Thought on Diplomacy, as well as China's foreign affairs and diplomatic policies, in both Chinese and English.
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https://www.mysuncoast.com/prnewswire/2022/06/15/diplomacy-talk-china-honors-its-commitment-global-development/
| 2022-06-15T13:54:48Z
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New operational analytics and AI/ML platform drives contextual intelligence and prioritized actions to anticipate risky behaviors, disrupt threats and insure business resilience
SAN JOSE, Calif. , June 1, 2022 /PRNewswire/ -- Netenrich, a leading security and operations analytics SaaS company, today announced that the company will showcase its new Resolution Intelligence platform® at the 2022 RSA Conference on June 6-9 at the Moscone Center in San Francisco. Netenrich will feature product demos and present platform details in the Google Cloud Security Booth #1943, South Expo Hall.
Netenrich at RSA 2022
Netenrich invites security professionals and conference attendees to learn how they can optimize their security operations with analytics leveraging Google Chronicle. Managed service providers (MSSPs, MSPs, GSIs) benefit by plugging into the data analytics platform to quickly build innovative services and transform their business at service-provider scale.
Netenrich will share the latest advances in security operations, as well as the strategies and solutions security professionals need to secure their data against the most critical issues and behaviors. Visit booth #1943 during the times listed below:
- Tuesday, June 7 from 10:00 AM – 12:00 PM PDT
- Wednesday, June 8 from 4:00 PM – 6:00 PM PDT
- Thursday, June 9 from 10:00 AM – 12:00 PM PDT
Theater Presentation in booth
- Thursday, June 9 at 11:45 AM PDT
Netenrich + Chronicle Happy Hour
RSA attendees are invited to the Netenrich + Chronicle Happy Hour at the Monarch club on Wednesday, June 8, from 6 – 9 pm PDT. Come enjoy music, drinks, and live entertainment.
- RSVP to secure your invite and bring your ID and RSA badge
- Monarch, 101 6th Street, San Francisco, CA 94114
Follow Netenrich on Twitter , LinkedIn, and YouTube
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https://www.wibw.com/prnewswire/2022/06/01/netenrich-debuts-resolution-intelligence-secure-digital-operations-platform-rsa-2022/
| 2022-06-01T15:53:18Z
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CHICAGO, Aug. 24, 2022 /PRNewswire/ -- Stout announced the acquisition of Davis & Hosfield Consulting LLC (Davis & Hosfield), a litigation-focused financial and economic consulting firm providing damages analyses and expert testimony. The transaction became effective on August 16, 2022.
Stout is pleased to welcome Davis & Hosfield's team of 17 professionals, led by Principals and co-founders Julie Davis and Mark Hosfield. Melissa Bennis and Lynsey Honegger will also be joining Stout as Managing Directors. The Chicago-based team has provided expert testimony and consulting in hundreds of matters involving intellectual property and commercial disputes, such as patent and trademark infringement, trade secret misappropriation, breach of contract, post-acquisition disputes, business valuations, antitrust, and many other areas.
"Davis & Hosfield is known for providing unmatched service to their clients in litigation," said Jeff Risius, Chief Client Service Officer for Stout. "We welcome everyone on their stellar team and know that they will provide immense value as we continue to grow our Disputes, Compliance, & Investigations team."
"Davis & Hosfield's decades of experience will make an impactful addition to our firm," said Mike Petron, President of the Disputes, Compliance, & Investigations group at Stout. "From early case assessment through post-trial work, Davis & Hosfield has already built a reputation for efficient, client-centered work through the entire litigation lifecycle."
"Our team is excited to join Stout's robust Disputes, Compliance, & Investigations group and deep bench of expert testifiers," said Julie Davis, Principal at Davis & Hosfield. "The synergies between our companies, both from a technical and cultural standpoint, will allow us to deliver premium service to our clients."
Winston & Strawn LLP served as legal counsel to Stout. Freeborn & Peters LLP served as legal counsel to Davis & Hosfield.
Stout is a global investment bank and advisory firm specializing in corporate finance, valuation, financial disputes, and investigations. We serve a range of clients, from public corporations to privately held companies in numerous industries. Our clients and their advisors rely on our premier expertise, deep industry knowledge, and unparalleled responsiveness on complex matters. Learn about our Relentless Excellence® at stout.com.
Stout is a trade name for Stout Risius Ross, LLC, Stout Advisors SA, Stout Bluepeak Asia Ltd., Stout GmbH, MB e Associati S.r.l., Stout Park Ltd, and Stout Capital, LLC, a FINRA-registered broker dealer and SIPC member firm. The terms "Stout" or the "firm" refer to one or more of these legally separate and independent advisory practices.
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https://www.wibw.com/prnewswire/2022/08/24/stout-acquires-davis-amp-hosfield-consulting-llc/
| 2022-08-24T12:44:56Z
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A Fort Lauderdale dentist has been charged in connection with the 2014 death of his former brother-in-law, a renowned Florida State University Law School professor.
Professor Daniel Markel was fatally shot in the head at his home on July 18, 2014, CNN has reported.
On Wednesday, Charles Adelson, Markel's former brother-in-law, was indicted in Leon County on charges of first-degree murder; conspiracy to commit murder; and solicitation to commit murder, according to a grand jury indictment.
The indictment claims Adelson solicited two men, Sigfredo Garcia and Luis Rivera, in murdering Markel.
Rivera, who pleaded guilty to second-degree murder as part of a plea deal, was sentenced to 19 years in 2016, according to CNN affiliate WCTV. Garcia, who pleaded not guilty, was sentenced to life in prison in 2019, according to the Florida Department of Corrections. Leon County Court administrators wouldn't immediately comment on the cases.
Katherine "Katie" Magbanua is also named in the grand jury indictment. She is facing the same charges as Adelson.
Back In 2016, investigators said Magbanua, Garcia's ex-girlfriend, helped arrange the murder of Markel, who was in a bitter custody dispute with his ex-wife, Wendi Adelson, CNN has reported.
At the time, Adelson and Magbanua were in a romantic relationship, Magbanua's attorney said.
Tara Kawass, Magbanua's defense attorney, told CNN Friday in 2019, Magbanua initially went to trial on charges of first-degree murder, conspiracy to commit murder, and solicitation to commit murder.
The state of Florida moved to join Gracia and Magbanua's trials, Kawass said. The jury convicted Garcia of first-degree murder and conspiracy to commit murder. However, the jury could not agree on Magbanua's case, resulting in a mistrial, Kawass told CNN.
Magbanua's trial is scheduled to begin May 16, 2022, according to the Leon County Court. On Friday morning, she pleaded not guilty to all three charges listed against her in Wednesday's indictment, Kawass said.
Prosecutors claim Magbanua was the only tie between Garcia, Rivera, and the Adelson family, according to Kawass.
Meanwhile, Kawass told CNN while Sigfredo Garcia and Charles Adelson met at some point, the two men "conspired behind her back" regarding Markel's murder.
As for Charles Adelson, a grand jury has heard new audio which helped implicate him in the murder, according to Jack Campbell, state attorney for the 2nd judicial circuit court of Leon County, Florida.
"This recording includes statements by Charles Adelson which can be heard clearly for the first time," his statement says. According to CNN affiliate WCTV, the FBI recorded a conversation between Adelson and Magbanua at a restaurant in 2016.
"The government has had the recording for six years and one day," Magbanua's attorneys Tara Kawass and Christopher DeCoste said in a statement to CNN Thursday. "Since then, they've done endless seances with different audio/video experts trying to hear voices from beyond. What you can hear -- not what's in their grossly inaccurate and inadmissible subtitles -- is that Katherine Magbanua is innocent."
Adelson was arrested at his home in South Florida on Thursday, according to a statement from Campbell. The grand jury indicted him on Wednesday and "he was taken into custody without incident," he said.
"Charlie is innocent and the prosecutors have no new information that led to this arrest," David Oscar Markus and Margot Moss, Adelson's attorneys, told CNN. "The timing sure does stink, doesn't it? On the eve of a long-awaited trial of Katie, this move has the smell of desperation."
"The Markel Family is deeply grateful to the State Attorney's Office, the FBI, and all members of law enforcement for their tireless pursuit of justice," said a statement from Orin Snyder and Matt Benjamin, attorneys for the Markel family, obtained by CNN affiliate WTXL.
"Nearly eight years after Danny's tragic murder, these dedicated public servants continue to fight to honor Danny's memory and to hold accountable all those responsible for his horrific death. On behalf of Danny's family and friends in the Tallahassee community and all over the world, thank you," said the Markel family statement.
"Dr. Markel's family, the Office of State Attorney, and the law-enforcement team behind this continuing investigation will not rest until justice is delivered to every person involved in this terrible crime," said Campbell.
CORRECTION: An earlier version of this story incorrectly described how Garcia and Adelson first met.
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.albanyherald.com/news/hitmen-killed-an-fsu-law-professor-nearly-8-years-ago-now-his-former-brother-in/article_1de0d7a4-d6f7-5755-8375-426291c2bb40.html
| 2022-04-23T03:13:57Z
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Dr. David Baum waited a minute after the shooting stopped at the northern Illinois Fourth of July parade he attended Monday, and then ran toward the victims. And what he saw, he said, was horrifying.
Some of those who would survive their injuries were on the ground, screaming. But some of the six people killed on the streets in the Chicago suburb of Highland Park appeared to have died instantly, he said.
Baum described what he said were the terrifying results of the power of Monday's gunfire in an interview Tuesday morning.
"The people who were (killed) were blown up by that gunfire ... blown up," Baum told John Berman in Highland Park on CNN's "New Day." "The horrific scene of some of the bodies is unspeakable for the average person."
"There was (a) person who had an unspeakable head injury. Unspeakable," he said.
"I've never served, but those are wartime injuries. Those are what are seen in victims of war, not victims at a parade."
Authorities say a man opened fire from a roof as a parade passed, killing at least six people and wounding about two dozen others. Police said Monday night they had arrested a suspect, Robert E. Crimo III. A high-powered rifle was used, authorities have said.
Baum, an obstetrician in the community, attended Monday morning's parade with his wife and adult children to watch their 2-year-old grandchild walk in the event. The family ran when the shooting happened -- except for Baum, who stayed to see if he could help the injured.
"I waited maybe a minute ... until I knew the shots had stopped. And then you look down, and you saw just people screaming. You saw people on the ground," Baum recalled Tuesday.
A few other doctors also tried to triage the injured, along with a nurse practitioner, and maybe others who helped keep pressure on wounds until paramedics could arrive, he said.
The injured who were alive, "from what I heard, fortunately left the hospital -- they had graze wounds; they had lower extremity injuries," Baum said.
"But the people that died at the scene ... the paramedics walked around and just covered them up quickly, and said 'black.' I guess they have a code for 'dead, cannot try and resuscitate.'"
His wife, Debra Baum, said the magnitude of the shooting was just settling on her Tuesday morning.
"It's just hitting me more, just how sad I am. And I'm also thinking we all have to change our behavior before this (gun violence) gets under control," she told CNN on Tuesday.
"I'm not going to a parade anymore. I'm not going to a sporting event. I'm afraid for my grandson to go to school. So we all have to change our behavior and not do the things we love to do because of this situation."
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://www.albanyherald.com/news/those-are-wartime-injuries-doctor-describes-the-horrific-scene-at-the-highland-park-shooting/article_63a2ce03-eb1d-554a-bdc9-052b9c2dd09a.html
| 2022-07-05T15:24:35Z
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Joint survey by Eastbridge and BenefitsPRO shows pandemic still affecting business
AVON, Conn., June 2, 2022 /PRNewswire/ -- Voluntary benefit sales are up, but brokers say the lingering pandemic is still impacting their business success, according to Eastbridge's new Brokers and the "New Normal" in Voluntary Benefits Spotlight™ Report.
Many brokers — especially those who primarily sell voluntary products — say their sales grew in 2021 compared to the previous year, and four out of 10 report increases in quote requests and enrollment activity, the report shows. However, brokers also say they still have challenges gaining access to employers and employees.
"The continuing prevalence of work-from-home arrangements can make it more difficult to educate and enroll employees," said Nick Rockwell, Eastbridge president. "For voluntary benefits in particular, that education component is essential to a successful enrollment."
The Brokers and the "New Normal" in Voluntary Benefits report includes data from a survey of benefits brokers conducted annually by Eastbridge and BenefitsPRO. Key topics covered include brokers' current focus on voluntary benefits, sales performance, characteristics of the most commonly used carriers, enrollment changes due to COVID-19, competitive pressures and more.
Other key findings in the report include:
- Accident, critical illness and short-term disability are the products brokers sell most often. About 60% of brokers also sell nontraditional products such as identity theft protection, wellness and discount health programs, and pet insurance on a regular basis.
- Lower price isn't necessarily the main driver for brokers to switch voluntary carriers. Instead, better benefit features and better integration with clients' enrollment and administrative needs are key reasons.
- A solid majority of brokers expect employers and employees to be more enthusiastic about voluntary benefits as a result of COVID-19. Many brokers say the pandemic has already had a positive impact on their business by helping people realize they need these benefits.
Information about obtaining the Brokers and the "New Normal" in Voluntary Benefits report is available on Eastbridge's website here. For more information, email info@eastbridge.com or call (860) 676-9633.
About Eastbridge Consulting Group
Eastbridge Consulting Group, Inc. is a marketing advisory firm serving companies focused on the voluntary/worksite benefits market in the United States and Canada.
About BenefitsPRO
BenefitsPRO.com combines established resources and news reporting capabilities with proprietary market data and relevant content aggregated from across the web to provide benefits brokers/consultants, benefits managers and retirement advisors with the news, resources and tools they need in the complex and ever-changing benefits market.
CONTACT: Bonnie Brazzell
EMAIL: bbrazzell@eastbridge.com
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https://www.kxii.com/prnewswire/2022/06/02/eastbridge-report-examines-brokers-successes-challenges-voluntary-benefits-market/
| 2022-06-02T12:56:10Z
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PITTSBURGH, June 6, 2022 /PRNewswire/ -- "I thought there should be a way to keep a towel close by and ready for use while working out," said an inventor, from Waldorf, Md., "so I invented the ATF- A TOWEL FORMEY. My design could help to prevent you from dropping, losing or forgetting your towel."
The patent-pending invention provides a convenient way to keep a towel handy. In doing so, it ensures that the towel is easily accessible when needed. As a result, it eliminates the need to constantly hold a towel and it could enhance sanitation and safety. The invention features a simple design that is easy to use so it is ideal for fitness enthusiasts, gyms, laborers, etc. Additionally, it is producible in design variations and a prototype is available.
The original design was submitted to the Washington D.C. sales office of InventHelp. It is currently available for licensing or sale to manufacturers or marketers. For more information, write Dept. 20-DCD-161, InventHelp, 217 Ninth Street, Pittsburgh, PA 15222, or call (412) 288-1300 ext. 1368. Learn more about InventHelp's Invention Submission Services at http://www.InventHelp.com.
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https://www.mysuncoast.com/prnewswire/2022/06/06/inventhelp-inventor-develops-convenient-way-keep-towel-handy-dcd-161/
| 2022-06-06T17:15:33Z
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Disruptive innovation will bring revolutionary changes to the traditional women's cycling apparel industry
WILMINGTON, Del., May 6, 2022 /PRNewswire/ -- The present situation of traditional cycling apparel is going to be changed. It says that American female cycling brand Jelenew makes the world's first professional cycling pants with a detachable external pad structure. It is the first cycling pants truly made for women in the world.
Historically, cycling started with only men. Women didn't enter the cycling world until 1893, nearly a hundred years apart
The world's first bicycle was invented in Germany in 1817, transforming from a wooden carriage. In the following decades, bicycles continued to be popular in France, the United Kingdom, and other places. They were too tall to control and unbecoming for European women who wore wide hoop petticoats. At that time, almost no woman could try to ride bicycles alone. In addition, there is a historical background that dramatically inhibits women's participation in cycling. In the 18th and 19th centuries, European society had many restrictions on women's social rights. For example, France issued a decree in 1799 "forbidding women to wear trousers," and many social organizations openly opposed women's cycling. It is immoral for the bicycle seat to touch the private position of a woman's crotch. It does not conform to the image of a lady and should stop it. It wasn't until 1892 that the "Prohibition of Trousers Act" loosened, allowing women to wear trousers when holding horses' reins. In 1909, the decree allowed women to wear long trousers when riding bicycles. Until January 31, 2013, France had officially repealed this ridiculous decree that bound women for 210 years.
The law restricts women's cycling and women's wearing of trousers, which directly leads to the population of male cyclists being much larger than that of women. At the same time, men's cycling clothing has always been dominant in the cycling clothing industry. Like design thinking, process technology, etc., they are all considered from the perspective of male riders. The development of cycling clothing is almost the history of the evolution of men's cycling clothing, and women are rarely regarded.
"Built-in inseam cycling pad for men" is used by all cycling brands on the market as a fixed structure. This absurd decision has continued for more than 100 years...
In 1890, the first professional cycling pants appeared with loose cycling shorts made of wool. During this period, cycling only belonged to men. It wasn't until November 1893 that the American feminist representative, Frances Willard, rode for the first time, and she was a pioneer of women's cycling. She also wrote a book, "A WHEEL WITHIN A WHEEL: HOW I LEARNED TO RIDE THE BICYCLE WITH SOME REFLECTIONS BY THE WAY," which encourages women to bravely get on a bike, try what they've never done before, and go out into the wider world. But even so, there were no cycling clothes specially developed for female riders on the market, and they could only wear skirt-style harem pants and men's cycling pants. By the 1900s, the first cycling pants with chamois pads were invented in history. It sewed a piece of chamois suede on the inner crotch of the pants to solve the problem of men's raised genitals wearing wool pants. They were truly made for men, and since then, the "built-in inseam cycling pad" has become a fixed structure of professional cycling pants, and it has been used to this day, regardless of gender. In other words, all brands of women's cycling pants on the market have used "built-in inseam cycling pads for men" for more than 100 years.
With the increase in female cyclists' demand, Jelenew came into being
In recent years, with the popularity of cycling and the continuous progress of society, more and more women are involved in cycling and have become cyclists. But they generally face a problem:
It's so difficult for them to find fitting cycling pants.
"The cycling pants on the market are bad for me. It can even be a disaster," a female cyclist complained to the reporter, "Cycling products on the market are too unfriendly to us female cyclists in terms of functionality and appearance. Their pads are too inappropriate for us girls, and they don't fit well. And because the pad is too thick and too long, there are extremely obvious protrusions in the front and rear, which is very ugly and cumbersome. They are completely designed for man, not for us! But it's so sad that all cycling pants on the market are similar, with this terrible pad."
The reporter learned that the problem she mentioned is what female cyclists generally have. Professional cycling pants on the market that are not considered "practical, comfortable, high performance and could be daily wearing" are very annoying to female cyclists. But during the investigation, we found that an American cycling brand Jelenew may solve these problems. Jelenew says it's made for women and has created "the first cycling pants truly made for women in the world." They have solved all the problems that females would have. And we also contacted the related responsible person as soon as possible.
Jelenew cycling pants: truly made for women
We learned that the cycling pants are truly made for women through the related responsible person. They analyze the functional, aesthetic, and multi-scene practical needs of clothing in cycling from the perspective of female cyclists. They innovatively created "the first cycling pants truly made for women in the world" with the moulage technique. The cycling pants break through the cycling industry and female cyclists' perceptions of women's cycling clothing. The revolutionary "external structure" of the 1+1 model is adopted: 1 pair of tight leggings + 1 external detachable cycling pad, subverting the traditional men's "built-in inseam cycling pad structure" that "began in the 1900s to solve the problem of genital abrasions for male riders".
Jelenew cycling pants with an external pad made with the moulage technique can fit the body shape well and give the muscles a 360-degree wrap, which helps reduce muscle vibration during cycling, reduce human energy consumption, and maintain good physical strength. It also solves the bacterial infection caused by the sultry heat in the private parts of cycling pants. This women's cycling clothing revolution started by Jelenew is just like when the iPhone accessed the market. It completely broke the mobile phone industry and consumers' perception of smartphones, thus ushering in a new era of global smartphones. Jelenew will help change the lives of millions of female cyclists and make healthy cycling at your fingertips.
The 1+1 model enables the cycling pants to realize the multi-scene shuttle of professional cycling pants, and one pair of pants can be your daily wearing. This innovative way allows female cyclists to go for a walk or drink coffee without changing their clothes after cycling.
They also introduced an extremely important accessory in the interview, which they called a revolutionary item - an external cycling pad.
"According to the analysis of the 3D structure of the human body and the disassembly of the muscle force data during the female riding process, we used the original three-segment V-shaped structure. It can better support and, more precisely, reduce the risk of numbness in women's crotch and legs. We do air treatment at the apex of the V-shaped, focusing on protecting women's sensitive body parts. While ensuring sufficient shock absorption and support reducing the thickness of the seat cushion, the excessively protected front end cumbersome part is cut and increasing the thigh protection contact surface. The pad is specially designed with a smooth transition from G1 to G2, which naturally wraps the body, reduces friction, and solves problems such as a bulge in private parts, embarrassing lines, camel toe, etc. The pad we exclusively developed, with ultra-thin and breathable comfort and a fit far beyond the existing pads, will bring a new riding experience to female cyclists."
Whether the first cycling pants for women in the world will bring new vitality to this traditional industry, let's wait and see.
Learn more at www.jelenew.com
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SOURCE Jelenew
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https://www.kxii.com/prnewswire/2022/05/06/jelenew-creates-first-cycling-pants-that-are-truly-made-women-world/
| 2022-05-06T17:00:49Z
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NEW YORK, Aug. 3, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for AMD, ENDP, FFIE, HOOD, and RIGL.
To see how InvestorsObserver's proprietary scoring system rates these stocks, view the InvestorsObserver's PriceWatch Alert by selecting the corresponding link.
- AMD: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=AMD&prnumber=080320225
- ENDP: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=ENDP&prnumber=080320225
- FFIE: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=FFIE&prnumber=080320225
- HOOD: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=HOOD&prnumber=080320225
- RIGL: https://www.investorsobserver.com/lp/pr-stocks-lp-2/?symbol=RIGL&prnumber=080320225
(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.
View original content to download multimedia:
SOURCE InvestorsObserver
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https://www.mysuncoast.com/prnewswire/2022/08/03/thinking-about-buying-stock-advanced-micro-devices-endo-international-faraday-future-intelligent-electric-robinhood-markets-or-rigel-pharmaceuticals/
| 2022-08-03T16:17:07Z
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Gilbert Gottfried, comedian and actor, has died
By Scottie Andrew
Gilbert Gottfried, a comedian and film and television actor with a distinctly memorable voice, has died after a long illness, his family announced on Tuesday.
He was 67.
“We are heartbroken to announce the passing of our beloved Gilbert Gottfried after a long illness. In addition to being the most iconic voice in comedy, Gilbert was a wonderful husband, brother, friend and father to his two young children. Although today is a sad day for all of us, please keep laughing as loud as possible in Gilbert’s honor,” his family wrote in a post on Twitter.
CNN has contacted Gottfried’s publicist for further comment.
He was known for his grating voice and blue comedy
Though audiences know him by his grating tone, it wasn’t yet his signature when he debuted as a cast member on “Saturday Night Live” for one season from 1980 to 1981, one of a few seasons without Lorne Michaels at the helm. He mostly performed stand-up throughout the ’80s, regularly appearing on Howard Stern’s radio show.
Though he had a few movie and TV credits in the ’80s, including the hit sequel “Beverly Hills Cop 2,” Gottfried’s celebrity didn’t rise until the 1990s. Throughout the decade, he employed his signature scream-speak in parts in animated films like “Aladdin,” as the mouthy macaw Iago, as well as live-action comedies like “Problem Child,” in which he played a scheming adoption agency employee.
In the 2000s and 2010s, Gottfried appeared in voice roles on series like “Family Guy” and as a contestant or “talking head” on reality series, including “Celebrity Wife Swap.” (He swapped wives with the late Alan Thicke.)
In his stand-up comedy, though, Gottfried’s style was filthy and delivered at a high decibel (perhaps you’ve heard him tell the famously blue “Aristocrats” joke). He also broached extremely sensitive topics head on, recalling in a 2012 opinion piece for CNN about a 9/11 joke he made during a roast of Hugh Hefner in Manhattan just days after the attacks (his audience didn’t appreciate it).
In the same piece, he defended tweets he posted about the 2011 tsunami in Japan as “silly” and “dumb,” though those tweets later led Aflac, for whom he provided the voice of its mascot duck, to fire him.
“I have always felt comedy and tragedy are roommates,” he wrote for CNN at the time.
Gottfried’s envelope-pushing, blue material was right at home during several Comedy Central roasts of celebrities such as former President Donald Trump in 2011.
Even when audiences weren’t seeing him on screen as often, he made his voice readily available. For nearly a decade, he’d interviewed comedy and entertainment figures on his podcast, “Gilbert Gottfried’s Amazing Colossal Podcast.” A new episode was released earlier this month.
Numerous fellow comedians and former co-stars of Gottfried paid tribute on social media.
“Gilbert Gottfried was never not funny,” comedian Dane Cook wrote. “He was a lovely guy, always friendly & made many people happy.”
“Gilbert Gottfried made me laugh at times when laughter did not come easily. What a gift,” actor Jason Alexander wrote in a tweet.
“Nobody was funnier than @RealGilbert on a roll,” writer and director Judd Apatow shared. “He could put you into convulsive hysterics. He was also the sweetest man. His podcast is a comedy treasure. What a terrible loss. “
The-CNN-Wire
™ & © 2022 Cable News Network, Inc., a WarnerMedia Company. All rights reserved.
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https://localnews8.com/entertainment/2022/04/13/gilbert-gottfried-comedian-and-actor-has-died/
| 2022-04-13T14:59:29Z
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DALLAS (KDAF) — Labor Day weekend is here and if you are flying for this holiday weekend, you may want to know about this tool from the U.S. Department of Transportation.
The Department has created a dashboard that lets airline passengers know about the services U.S. airlines provide to help passengers affected by cancellations and delays within the airline’s control.
So what do North Texas-based airlines Southwest and American Airlines provide?
Southwest
Commitments for Controllable Cancellations and Delays
- Rebook passenger on same airline at no additional cost
- Meal or meal cash/voucher when cancellation results in passenger waiting for 3 hours or more for new flight
- Complimentary hotel accommodations for any passenger affected by an overnight cancellation
- Complimentary ground transportation to and from hotel for any passenger affected by an overnight cancellation
American Airlines
Commitments for Controllable Cancellations and Delays
- Rebook passenger on same airline at no additional cost
- Rebook passenger on another airline at no additional cost
- Meal or meal cash/voucher when cancellation results in passenger waiting for 3 hours or more for new flight
- Complimentary hotel accommodations for any passenger affected by an overnight cancellation
- Complimentary ground transportation to and from hotel for any passenger affected by an overnight cancellation
For the full dashboard click here.
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https://cw33.com/news/local/dashboard-shows-what-each-u-s-airline-can-do-if-your-flights-delayed-or-canceled/
| 2022-09-02T17:55:33Z
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ALBANY -- Visitors to the Flint RiverQuarium never have to worry about the weather. Summer or winter, the venue is comfortable year-'round and offers comfortable viewing of its animals, exhibits and regular programs.
Tadpole Time
ALBANY -- Visitors to the Flint RiverQuarium never have to worry about the weather. Summer or winter, the venue is comfortable year-'round and offers comfortable viewing of its animals, exhibits and regular programs.
Tadpole Time
Join the RiverQuarium staff monthly for Tadpole Time, a fun morning of reading, animal visits and crafts. Participants can enjoy the Flint RiverQuarium on their own after spending time together with their fellow Tadpoles and staff. Every month at Tadpole Time, the RiverQuarium explores a different environmental theme for its youngest visitors. Tadpole Time is designed especially for parents and pre-schoolers, but all ages are welcome It's free with RiverQuarium membership or with regular admission.
Blue Star Museum Program -- Armed Forces Day-Memorial Day
The Flint RiverQuarium is participating in the Blue Star Museum program which provides free admission to the nation’s active-duty military personnel and their families through Labor Day (Sept. 5). Artesian Alliance partners Chehaw Park & Zoo and Thronateeska are also participating. The free admission program is available for those currently serving in the United States Military: Army, Navy, Air Force, Marine Corps, Coast Guard, as well as active-duty and reservists, National Guardsman (regardless of status), U.S. Public Health Commissioned Corps, NOAA Commissioned Corps, and up to five family members.
Weekend Programs
Regularly scheduled programs each Saturday and Sunday are designed to provide opportunities for RQ visitors to get up-close and personal with the aquarium's animals. Blue hole dive shows, exhibit feedings, tank talks, and animal chats all give a more in-depth look at individual exhibits and animal behavior.
August Movies at the Imagination Theater
Plastic Paradise -- Thursday, Friday & Saturday 10:30 a.m., 1:30 p.m.
Join journalist and filmmaker Angela Sun in the movie "Plastic Paradise" as she journeys to the Great Pacific Garbage Patch and uncovers the mysteries of this remote phenomenon. Along with other researchers, she helps to shed some light on the effects that humanity’s rabid plastic consumption is having on our global ecosystems. This film contains graphic depictions of animal death and dissection.
Alligator Kingdom -- Thursday, Friday & Saturday noon and 3 p.m.
A magic carpet ride into one of the last great black water swamps on earth -- the great Okefenokee. Venture into a stunning landscape forged by fire and ruled by ancient predators.
Artesian Alliance Partners
Chehaw Park & Zoo
Cubs Program -- First Friday of every month at 10 a.m.
Black Jack & Black Rhinos -- Sept. 22
Thronateeska Heritage Center
Tricera-Tots -- Third Friday of every month at 10 a.m.
Exhibit: Unsung African-American Medical Heroes of Southwest Georgia
Saturday Programs
Every Saturday -- Science experiments, planetarium shows, exhibit interpretations
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I'm willing to bet that no baby has been born at the Cuthbert hospital in 25 years.
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Joe Biden built that!
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https://www.albanyherald.com/entertainment/special-programs-planned-at-flint-riverquarium/article_4a4cf83c-1bed-11ed-8902-3bca0666da3e.html
| 2022-08-14T17:59:19Z
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- Strategic Acquisition Expands Access to Deregulated Markets
- Federal Government Allocates $350 Billion Towards Energy Efficiency Improvements in Commercial Buildings
PHOENIX, Aug. 10, 2022 /PRNewswire/ -- SinglePoint, Inc. (OTCQB: SING) ("SinglePoint'' or "the Company''), an acquisition-focused solar energy and sustainable solutions provider, announced today the acquisition of Frontline Power Solutions, a Multi-State Licensed Energy Services Company (ESCO).
Frontline Power Solutions (FPS) is a comprehensive energy service Company with the ability to operate in deregulated markets across the country. Frontline Power is licensed in nine states and has applied for and is awaiting final approval in 12 additional states. Frontline provides Energy Supply Agreements to all sizes of commercial, industrial, and institutional properties. In addition to supplying direct agreements, FPS also lends its expertise to its clients to help reduce energy consumption, streamline energy portfolios, and offer other options to lower energy costs.
The strategic acquisition provides SinglePoint with access to an extensive portfolio of clients while giving those FPS clients reciprocal access to one of the nation's leading solar power solutions companies and best-in-class customer service.
Wil Ralston, CEO of SinglePoint, said, "Frontline Power Solutions is a great addition to SinglePoint. Frontline will round out our service offerings by providing tremendous opportunities in the deregulated energy markets. Through Energy Service Agreements or assistance with installing a client's solar system, SinglePoint can now assist thousands of commercial clients in their solar transition."
John Holmes, Founder & CEO of FPS, said, "Our focus has been supplying commercial energy contracts to large and small commercial, industrial, institutional, and property management firms. We facilitate substantial reductions in energy consumption and spending while streamlining logistical management of their energy portfolios. By joining SinglePoint, our two companies benefit from economies of scale and monetizing opportunities more efficiently and quickly."
The FPS purchase is just the latest in SinglePoint's acquisition strategy, bringing a growing collection of solar providers and energy solutions under one corporate umbrella. SinglePoint has acquired six (6) subsidiaries, including EnergyWyze, BOX Pure Air, Direct Solar America, Ecodaptive, Boston Solar, and Frontline Power Solutions.
There are currently 26 U.S. states that offer deregulated power options which are expected to reach $9 Billion in annual industry revenues.
Frontline Power Solutions (FPS) is a comprehensive energy solutions Company. They are equipped with industry experts who have been on the "frontline" of energy procurement, sales, marketing, analysis, and information technology in the power industry since the dawn of deregulation. The combined intellectual and leveraged resources translate to unmatched value to their customers. FPS provides full-service power supply solutions, including supply, billing, auditing, renewable energy supply, efficiency consulting, and incentive coordination for large or small enterprises.
SinglePoint Inc.(www.singlepoint.com) is a renewable energy, and sustainable lifestyle Company focused on providing environmentally friendly energy efficiencies and healthy living solutions. SinglePoint is initially focused on building the largest network of renewable energy solutions and modernizing the traditional solar and energy storage model. The Company is also actively exploring future growth opportunities in air purification, electric vehicle charging, solar as a subscription service, and additional energy efficiencies and appliances that enhance sustainability and a healthier life. For more information, visit the Company's website (www.singlepoint.com) and connect on social media for the latest updates.
Certain statements in this news release may contain forward-looking information within tRule 175 under the Securities Act of 1933 and Rule 3b-6 under the Securities Exchange Act of 1934 and are subject to the safe harbor created by those rules. All statements, besides statements of fact included in this release, including, without limitation, statements regarding revenue projections, financing opportunities, potential plans and objectives of the Company, anticipated growth, and future expansion, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements.
Technical and other complications, which may arise, could prevent the prompt implementation of any strategically significant plan(s) outlined above. The Company undertakes no duty to revise or update any forward-looking statements to reflect events or circumstances after the date of this release.
Investor Contact:
Tra-Digital IR
Investors@SinglePoint.com
(212) 389 - 9782 ext. 107
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SOURCE SinglePoint Inc.
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https://www.kxii.com/prnewswire/2022/08/10/singlepoint-acquires-frontline-power-solutions-multi-state-licensed-energy-services-company/
| 2022-08-10T13:27:38Z
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BRONX, N.Y., June 22, 2022 /PRNewswire/ -- Legionnaires disease Lawyer Jory Lange and prominent New York attorney Scott Harford have filed the first Legionnaires disease lawsuit in the Bronx Legionnaires Outbreak. At least 30 people have gotten Legionnaires disease in this outbreak, 28 of whom were hospitalized. Tragically, two people have died. The health department has linked the Jerome Avenue Residences at 1325 Jerome Avenue to the outbreak.
The Complaint alleges that victims developed Legionnaires' disease after breathing water vapors contaminated with dangerous legionella pathogen. "The fact that invisible water vapor from a cooling tower can carry deadly pathogens like Legionella, and can cause so many hospitalizations, is alarming," said attorney Jory Lange. Attorney Scott Harford added, "this is particularly concerning as Legionnaire's disease cases are on the rise, especially in New York."
The NY Health Department analyzed sputum samples from patients and water samples from the cooling towers in the investigation area. These analyses showed the same strain of legionella bacteria found in one of the clinical specimens matched a cooling tower at the Jerome Avenue Residences.
Legionnaires' disease is a rare type of pneumonia with symptoms like cough, shortness of breath, chills headaches, and muscle aches. Occasionally, symptoms such as diarrhea, nausea, and confusion are experienced. Legionella become a health concern when they grow in human-made water systems. These bacteria thrive in water, especially hot water. Legionella is not spread from person to person. People become ill when they breath in mist containing the bacteria.
Jory Lange and Scott Harford represent many New York residents who were hospitalized in Legionnaires' disease outbreaks. If you have been diagnosed with Legionnaires' disease, you may be entitled to compensation. Call 833.330.3663 for a free consultation.
Jory Lange
www.MakeFoodSafe.com
Candess Zona-Mendola
833.330.3663
Candess@JoryLange.com
Related Links:
www.Legionnaires.com
ATTORNEY ADVERTISING. © 2022 The Lange Law Firm, PLLC. The law firm responsible for this advertisement is The Lange Law Firm, PLLC, 6300 West Loop South, Suite 350, Houston, TX 77401. Prior results do not guarantee or predict a similar outcome with respect to any future matter.
View original content:
SOURCE The Lange Law Firm
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https://www.kxii.com/prnewswire/2022/06/22/legionnaires-disease-lawyers-file-first-lawsuit-bronx-legionnaires-outbreak-per-lange-law-firm/
| 2022-06-22T18:52:08Z
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GUATEMALA CITY (AP) — Mexican President Andrés Manuel López Obrador started a five-day tour to four Central American countries and Cuba on Thursday by lashing out at the U.S. government.
López Obrador criticized American officials sharply for being quick to send billions to Ukraine, while dragging their feet on development aid to Central America.
On his first stop in neighboring Guatemala, López Obrador demanded U.S. aid to stem the poverty and joblessness that sends tens of thousands of Guatemalans north to the U.S. border. The Mexican leader had been angered that the United States rebuffed his calls to help expand his tree-planting program to Central America.
“They are different things and they shouldn’t be compared categorically, but they have already approved $30 billion for the war in Ukraine, while we have been waiting since President Donald Trump, asking they donate $4 billion, and as of today, nothing, absolutely nothing,” López Obrador said.
“Honestly, it seems inexplicable,” he added. “For our part, we are going to continue to respectfully insist on the need for the United States to collaborate.”
López Obrador’s pet program, known as “Planting Life,” pays farmers a monthly wage to plant and care for fruit and lumber trees on their farms.
Mexico has asked the U.S. government to help fund the program, something that so far hasn’t happened. Mexico is also touting another program that apprentices young people to companies. Critics say both programs lack accountability.
Mexican Foreign Relations Secretary Marcelo Ebrard wrote in his social media accounts that meetings with Guatemalan President Alejandro Giammattei and other officials focused on development, migration and strengthening bilateral ties.
Ebrard said Mexico was starting the tree program in the Guatemalan province of Chimaltenango.
It is only be the third overseas trip in more than three years for López Obrador, who is fond of saying that the best foreign policy is good domestic policy. The tour is an opportunity for Mexico to reassert itself as a leader in Latin America and will be welcomed by some leaders under pressure from the U.S. government and others for their alleged anti-democratic tendencies.
Both geographically and metaphorically, Mexico finds itself wedged between the United States and the rest of Latin America. López Obrador has deflected criticism dating to the Trump administration that his government is doing Washington’s dirty work in trying to stop migrants before they reach the U.S. border.
López Obrador will be received in Central America, in part, as an emissary of the United States when it comes to migration policy.
The U.S. government has been trying to build consensus ahead of the June Summit of the Americas in Los Angeles to cement a regional approach to managing migration flows. In recent years large numbers of Central Americans, but also Haitians, Cubans, Venezuelans, Colombians and migrants arriving from other continents, have made their way up through the Americas.
The visit is an opportunity for López Obrador to show some independence from the United States. López Obrador has criticized the U.S. economic blockade of Cuba and he said that he told U.S. officials that no country should be excluded from the Summit of the Americas. The Biden administration has signaled that Cuba, Venezuela and Nicaragua would not be invited.
Giammattei, meanwhile, has been under pressure from the U.S. government for backsliding on the country’sfight against corruption — a campaign central to López Obrador’s image in Mexico.
López Obrador will continue on to El Salvador, where President Nayib Bukele has faced international condemnation since imposing a state of emergency after a surge in gang killings at the end of March.
A visit from López Obrador, who prefers a “hugs not bullets” approach to security, is an opportunity to show he’s not being isolated. El Salvador’s security forces have arrested more than 24,000 suspected gang members in just over a month and human rights organizations say there have been many arbitrary arrests.
In Honduras, new President Xiomara Castro has forged a close relationship with the Biden administration. Last month, Honduras extradited former President Juan Orlando Hernández to face drug and weapons charges in the U.S. Castro is desperate to activate the economy and create jobs, so could be open to López Obrador’s proposals if there is money behind it.
The president’s agenda in Belize is less clear, but his final stop in Cuba will be the most symbolic. Cuba President Miguel Díaz-Canel visited Mexico for its independence celebrations last year.
López Obrador has largely governed as a nationalist and populist, but he has positioned himself politically as a a devoted leftist.
|
https://cw33.com/news/international/ap-international/mexican-president-slams-us-on-tour-of-central-america/
| 2022-05-06T13:18:13Z
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The Prudential Emerging Visionaries program will recognize students ages 14–18 creating positive change in their communities.
NEWARK, N.J., Sept. 13, 2022 /PRNewswire/ -- Applications open today for Prudential Emerging Visionaries, a program that celebrates young people bringing fresh perspectives and innovative solutions to pressing financial and societal challenges in their communities.
"Recognizing young leaders for making their communities stronger and more inclusive is another way Prudential fulfills its purpose of making lives better by solving the financial challenges of our changing world," says Chairman and CEO Charles Lowrey. "Our inaugural class of Emerging Visionaries was truly exceptional, and we're looking forward to honoring more young innovators in 2023."
The program, now in its second year, builds on the legacy and momentum of the Prudential Spirit of Community Awards, the country's largest youth recognition program based exclusively on volunteer community service. Between 1995 and 2020, the Spirit awards honored more than 150,000 young people across the United States and internationally. Inspired by the impressive vision of these young leaders, Prudential reimagined the program in 2021 to honor students addressing societal and financial challenges.
In April 2023, 20 students will be awarded for their solutions to social issues, and five for their solutions to financial barriers. Each winner will receive $5,000 plus an all-expenses-paid trip to Prudential's headquarters in Newark, New Jersey. During this event, the five honorees in the financial solutions category will pitch their ideas to Prudential leaders for a chance to receive a grand prize of $15,000.
Winners will also have the opportunity to consult with Prudential leaders about strategies to advance their work, and to participate in a coaching program with employees to refine their projects.
Prudential is collaborating with Ashoka, a leading organization in the social impact sector, to help develop winners' skills through ongoing workshops and online courses. Advisory support is provided by the Financial Health Network, a leading authority on financial health and longtime partner of The Prudential Foundation.
Applications for the program are open now through Nov. 3. Awards are open to students ages 14–18 in the United States. Prudential operates similar programs in other countries where the company has a significant business presence, including Brazil, China, India and Japan.
For more information about Prudential Emerging Visionaries, including how to apply, visit prudential.com/emergingvisionaries.
About Prudential Financial
Prudential Financial, Inc. (NYSE: PRU), a financial wellness leader and premier active global investment manager, has operations in the United States, Asia, Europe and Latin America. Prudential's diverse and talented employees help to make lives better by creating financial opportunity for more people. Prudential's iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit news.prudential.com.
About Ashoka
Ashoka is the largest global network of leading social entrepreneurs — individuals with new ideas to systemically address the world's biggest challenges and the entrepreneurial skill to transform those ideas into national, regional and global social impact. Over 40 years, Ashoka has supported more than 3,600 social entrepreneurs in 90 countries with solutions addressing society's most pressing issues. Ashoka's vision is a world in which everyone is a changemaker — a society that responds quickly and effectively to challenges, and where everyone has the freedom, confidence and societal support to address any social problem. For more information, visit ashoka.org.
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SOURCE Prudential Financial, Inc.
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https://www.wibw.com/prnewswire/2022/09/13/prudential-financial-seeks-honor-teens-driving-progress/
| 2022-09-13T14:39:48Z
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SAN JOSE, Calif., June 7, 2022 /PRNewswire/ -- Quark.ai, the market leading Autonomous Support Platform for B2B e-Commerce and Customer/Field Support, today announced that it has earned the prestigious ISO/IEC 27001:2013 Certificate. The certification demonstrates that Quark.ai meets the most stringent international standards of information security management and security compliance.
The ISO (International Organization for Standardization) and IEC (International Electrotechnical Commission) 27001 certificate is the most widely recognized information security standard defined by the International Organization for Standardization (ISO). It effectively demonstrates that Quark.ai has invested in the tools and systems critical to the protection of the organization's data, whether internal or belonging to third parties.
Quark.ai uses Drata's automated platform to continuously monitor its internal security controls. Drata is the world's most advanced security and compliance automation platform, with a mission to help businesses earn and keep the trust of their users, customers, partners, and prospects.
"The ISO/IEC Certificate is a pillar of customer trust," said Quark.ai Co-Founder and CEO Prosenjit Sen. "This certification demonstrates that Quark.ai's Information Management System meets the highest possible standards."
"Quark.ai's SaaS-based autonomous support platform utilizes AI based concepts and analytics capabilities to resolve complex technical support cases while drastically reducing the time and effort spent on delivering accurate resolutions," the certificate states. "The systems in scope of the ISO/IEC 27001:2013 certification are the underlying infrastructure and processes supporting the platform."
The Quark.ai platform is designed to ensure that B2B eCommerce customers have quick and easy access to needed and accurate product information. Whether serving a customer service agent or via its self-service intelligent and conversational Autonomous Support chatbot, Quark.ai Autonomous B2B eCommerce Support provides instant access to the right answers by automatically and accurately interpreting customer inquiries. Quark.ai improves informational integrity by ingesting and analyzing an enterprise's existing product information from across its entire organization.
Quark.ai is the technology leader in Autonomous Customer Support and Autonomous B2B eCommerce Support. Quark.ai's multi-channel platform combines Deep Learning, Natural Language Processing and Computer Vision to interpret complex customer cases and automatically provide resolutions at scale with unsurpassed accuracy and speed. The result is unrivaled efficiency and scalability in Customer Support, with lower escalations, higher Customer Satisfaction and significant cost savings. More information may be found at https://quark.ai.
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SOURCE Quark.ai
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https://www.mysuncoast.com/prnewswire/2022/06/07/quarkai-earns-prestigious-isoiec-270012013-certification/
| 2022-06-07T14:48:16Z
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1Password research reveals 43% of employees admit to risky online behavior to avoid login hassles
TORONTO, Sept. 15, 2022 /PRNewswire/ -- 1Password, the leader in human-centric security and privacy, today released its Unlocking the Login Challenge report. Based on a survey of 2,000 North American adults, the research explores how login fatigue compromises employee productivity, security and mental health, frustrating workers and putting essential data at risk.
Accessing work applications is a significant drain on employees, with widespread repercussions for companies. Forty-four percent of employees report that simply logging in and out of apps at work harms their mood or reduces productivity. Worryingly, more than two in five (43%) employees admit to dangerous online behaviors such as sharing logins, offloading tasks to others, or even abandoning certain tasks altogether to circumvent complicated login procedures.
"When it comes to security, organizations say, 'Follow these guidelines,' then they add more rules every time something goes wrong. But every new rule creates new friction for employees, which acts as a bar on full productivity," said Dr. Karen Renaud, human-centric security expert and Chancellor's Fellow and Faculty Member at University of Strathclyde. "This research confirms the serious toll that this friction is taking on employee well-being and, as a result, on organizations' security. Security has become such an onerous and arduous task that people don't even want to log in – that's a significant problem."
Cumbersome passwords and authentication requirements are much more than an annoyance. Four in ten employees (41%) say having to remember multiple logins heightens stress levels and strains mental health.
- Falling behind on day one: More than a third of employees (37%) say that the onboarding process at their current job was time-consuming, confusing or challenging when it came to logging into work-related accounts.
- Benefits breakdown: Complex logins have kept nearly one in five (19%) workers from accessing employee-provided benefits designed to reduce workplace stress. They've skipped open enrollment, forgone requesting time off, and missed employer-provided perks and discount marketplaces because of login challenges.
Complex login processes meant to enhance company performance are in many situations accomplishing the opposite, an ironic turn of events that's putting companies at risk and harming productivity. When facing onerous security requirements, employees accustomed to easy-to-use technology are simply waving the white flag on core parts of their job.
- Incomplete work product: More than a quarter of employees (26%) have given up on conducting a work task to avoid the hassle of logging in.
- Missing meetings: Nearly two-thirds of employees (62%) miss more than 10 hours of meetings per year due to login issues.
- Skipping security: Nearly 2 in 5 employees (38%) have procrastinated, delegated or skipped setting up new work security apps because of burdensome login processes.
Today's employees have a healthy concern for cybersecurity risks, with 61% fearing they are more likely to be hacked now than they were a year ago due to their heightened online presence. Despite this elevated awareness, widespread confusion over best practices is putting companies at greater risk.
- Blurring work and home boundaries: Nearly half of employees (45%) use their personal email, LinkedIn, Facebook or other personal account for single sign-on at work. This puts companies at risk because they are unable to monitor these accounts for security risks or ensure that best security practices are being followed.
- Perplexed by passwords: More than a quarter of employees (27%) – and 41% of leaders at the level of vice president and above—think there's no difference between single sign-on and reusing the same password across multiple platforms. In fact, the two are almost polar opposites – reusing passwords dramatically increases exposure to hackers, while single sign-on is specifically designed to boost security by reducing the number of entry points that need to be secured.
"Modern companies are grappling with the unintended consequences of complex login processes. Although they were designed to protect us, they are in many cases creating more stress, elevating risk and hurting the bottom line," said Jeff Shiner, CEO of 1Password. "This report is a wakeup call that it's time to invest in human-centric security that's as easy to use as the workplace and personal apps we rely on every day."
To see the full report from 1Password, visit our website.
1Password's human-centric approach to security keeps people safe, at work and at home. Our solution is built from the ground up to enable anyone – no matter the level of technical proficiency – to navigate the digital world without fear or friction. The company's award-winning credentials management security platform is re-shaping the future of authentication and is trusted by over 100,000 businesses, including IBM, Slack, Snowflake, Shopify and Under Armour. 1Password protects the most sensitive information of millions of individuals and families across the globe, helping consumers and businesses get more done in less time – with security and privacy as a given. Learn more at 1Password.com.
1Password conducted this research using an online survey prepared by Method Research and distributed by Lucid among n=2,000 adults 18+ who are full-time employees at a company with 250+ employees and primarily use a computer for work. The sample consisted of n=1,500 U.S. respondents and n=500 Canadian respondents, with an even split between gender groups. Data was collected from June 7 to June 21, 2022.
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https://www.kxii.com/prnewswire/2022/09/15/report-complex-logins-fuel-stress-increase-risk-harm-productivity/
| 2022-09-15T13:29:45Z
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Huntersville, N.C., Aug. 4, 2022 /PRNewswire/ -- ONYX Systems, LLC an innovator of technology powering a cleaner future, is excited to announce and introduce the latest addition to our battery powered floor-care range, the DX15 15" Floor Scrubber. This machine is small, maneuverable, and light. Ideal for small retail or commercial applications. These machines clean fast with best-in-class productivity, are simple to operate, and are reliable. They have a superior specification, including:
- 125Ah, 12V AGM maintenance-free batteries
- 3 – 4-hour run time
- 7-Gallon solution/8-Gallon recovery tanks
- 27" squeegee and waste water recovery width
- Cleans up to 16,000 Sq-Ft per hour
ONYX DX15 Floor Scrubber with two 12V AGM 125 a/h batteries, yielding industry leading 3–4-hour runtimes. The unit has a 15" rotating scrubbing brush with a 27" squeegee width to assure users of a streak-free clean with easy and complete cleaning solution pick-up. The unit has a 7-gallon cleaning solution tank and 8-gallon recovery tank. Unit is designed for small commercial and retail applications. Engineered for hygienic, light, convenient cleaning in small area commercial applications such as:
- Classrooms
- Offices
- Kitchens
- Restaurants
- Bathrooms
- Small retail establishments
Most micro floor scrubbers have the squeegee and waste water recovery vacuum mounted right behind the scrubbing head, directly coupled on the frame of the machine. The ONYX DX15 has a floating squeegee and waste water recovery vacuum system that is not directly coupled to the frame of the machine. This results in no residual liquid trace marks regardless of the turning angle of the machine, and up against hard edges.
This ONYX floor scrubber is capable of cleaning up to 16,000 Sq Ft per hour. This machine is an excellent investment for regular cleaning applications of smaller commercial spaces. These quick-cleaning scrubbers allow for optimal work productivity, and the associated labor productivity advantages. These machines help reduce the risk of slip and fall hazards, and leave your floor surfaces looking pristine and clean, without the need to hire a professional cleaning company.
"Our DX15 Micro Floor Scrubber deep cleans small retail facilities such as gas stations, restaurants, and coffee shops in a fraction of the time of traditional mopping while creating a significantly cleaner and healthier environment", according to Sales VP, Jeremy Hahne.
More Info and quote at:
Email: sales@onyxsolutions.com
Phone: (800) 858-3533
Visit our website at. https://www.onyxsolutions.com
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SOURCE ONYX Systems, LLC
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https://www.wibw.com/prnewswire/2022/08/04/onyx-systems-llc-launches-dx15-micro-floor-scrubber/
| 2022-08-04T14:53:37Z
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NEW YORK, June 1, 2022 /PRNewswire/ -- The Gross Law Firm issues the following notice to shareholders of International Business Machines Corporation.
Shareholders who purchased shares of IBM 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: April 4, 2017 to October 20, 2021
ALLEGATIONS: The complaint alleges that during the class period, Defendants issued materially false and/or misleading statements and/or failed to disclose that: (i) Strategic Imperatives Revenue and growth, CAMSS and CAMSS Components' revenue and growth, and the Company's Segments' revenue and growth were artificially inflated as a result of the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperatives Revenue; (ii) the Company's present success and positive future growth prospects concerning its Strategic Imperative business strategy were being fueled by the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperative Revenue and, as a result (iii) the Company misled the market by portraying the Company's Strategic Imperative's financial performance and future prospects more favorable than they actually were as a result of the wrongful reclassification of revenues from non-strategic to strategic to make those revenues eligible for treatment as Strategic Imperatives.
DEADLINE: June 6, 2022 Shareholders should not delay in registering for this class action. Register your information here: https://securitiesclasslaw.com/securities/international-business-machines-corporation-loss-submission-form/?id=27896&from=4
NEXT STEPS FOR SHAREHOLDERS: Once you register as a shareholder who purchased shares of IBM during the timeframe listed above, you will be enrolled in a portfolio monitoring software to provide you with status updates throughout the lifecycle of the case. The deadline to seek to be a lead plaintiff is June 6, 2022. There is no cost or obligation to you to participate in this case.
WHY GROSS LAW FIRM? The Gross Law Firm is nationally recognized class action law firm, and our mission is to protect the rights of all investors who have suffered as a result of deceit, fraud, and illegal business practices. The Gross Law Firm is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship. The firm seeks recovery on behalf of investors who incurred losses when false and/or misleading statements or the omission of material information by a company lead to artificial inflation of the company's stock. Attorney advertising. Prior results do not guarantee similar outcomes.
CONTACT:
The Gross Law Firm
15 West 38th Street, 12th floor
New York, NY, 10018
Email: dg@securitiesclasslaw.com
Phone: (646) 453-8903
View original content:
SOURCE The Gross Law Firm
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https://www.kxii.com/prnewswire/2022/06/01/shareholder-alert-gross-law-firm-notifies-shareholders-international-business-machines-corporation-class-action-lawsuit-lead-plaintiff-deadline-june-6-2022-nyse-ibm/
| 2022-06-01T10:24:50Z
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COLUMBUS, Miss., July 5, 2022 /PRNewswire/ -- BankFirst Capital Corporation (OTCQX:BFCC) ("BankFirst" or the "Company"), parent of BankFirst Financial Services (the "Bank"), today announced the opening of a new loan production office located at 431 West Main Street, Suite 403, Tupelo, Mississippi, 38804 (the "LPO").
In making the announcement, BankFirst's President and Chief Executive Officer, Moak Griffin, said, "We are thrilled with the opportunity to expand our market presence in northeast Mississippi with the opening of a new LPO in Tupelo. We look forward to meeting with our customers and serving the lending needs of the community." Jamie Osbirn, Northeast Mississippi Regional President of the Bank, will oversee the operations of the LPO. Mr. Osbirn has over 20 years of banking experience in the Tupelo market, primarily focusing on commercial real estate.
With the opening of the new LPO, the Bank now has 36 offices serving Mississippi and Alabama, and has assets in excess of $2.0 billion.
BankFirst Capital Corporation (OTCQX: BFCC) is a registered bank holding company based in Columbus, Mississippi with approximately $2.0 billion in total assets as of March 31, 2022. BankFirst Financial Services, the Company's wholly-owned banking subsidiary, was founded in 1888 and is locally owned, controlled, and operated. The Company is headquartered in Columbus, Mississippi, and the Bank operates additional branch offices in Columbus, Flowood, Hattiesburg, Jackson, Louin, Macon, Madison, Newton, Starkville, and West Point, Mississippi; and Addison, Aliceville, Arley, Bear Creek, Carrollton, Curry, Double Springs, Fayette, Gordo, Haleyville, Lynn, Northport, and Tuscaloosa, Alabama. The Bank also operates four loan production offices in Biloxi, Brookhaven, and Oxford, Mississippi and Birmingham, Alabama. BankFirst offers a wide variety of services for businesses and consumers. The Bank also offers internet banking, no-fee ATM access, checking, CD, and money market accounts, merchant services, mortgage loans, remote deposit capture, and more. For more information, visit www.bankfirstfs.com.
The Company maintains an Internet web site at www.bankfirstfs.com/about-us/investors. The Company makes available, free of charge, on its web site the Company's annual meeting materials, annual reports, and quarterly earnings reports. In addition, the OTC Markets Group maintains an Internet site that contains reports, proxy and information statements, and other information regarding the Company (at www.otcmarkets.com/stock/BFCC/overview).
The Company routinely posts important information for investors on its web site (under www.bankfirstfs.com and, more specifically, under the Investor Relations tab at www.bankfirstfs.com/about-us/investors). The Company intends to use its web site as a means of disclosing material non-public information and for complying with its disclosure obligations under the OTC Markets Group OTCQX Rules for U.S. Banks. Accordingly, investors should monitor the Company's web site, in addition to following the Company's press releases, OTC filings, public conference calls, presentations and webcasts.
The information contained on, or that may be accessed through, the Company's web site is not incorporated by reference into, and is not a part of, this press release.
Member FDIC
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SOURCE BankFirst Capital Corporation
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https://www.mysuncoast.com/prnewswire/2022/07/05/bankfirst-financial-services-announces-opening-loan-production-office-tupelo-mississippi/
| 2022-07-05T13:29:57Z
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Preclinical activity of ALK-selective inhibitor NVL-655 in a lorlatinib-resistant model of NSCLC with a compound resistance mutation continues to support potential for best-in-class profile
CAMBRIDGE, Mass., July 13, 2022 /PRNewswire/ -- Nuvalent, Inc. (Nasdaq: NUVL), a clinical-stage biopharmaceutical company focused on creating precisely targeted therapies for clinically proven kinase targets in cancer, today announced it will present two posters for its parallel lead programs, NVL-655, an ALK-selective inhibitor and NVL-520, a ROS1-selective inhibitor, at the IASLC 2022 World Conference on Lung Cancer (WCLC) Annual Meeting taking place August 6-9, 2022 in Vienna, Austria. Posters will be archived on the Nuvalent website at www.nuvalent.com.
The first poster characterizes NVL-655 alongside other ALK inhibitors in a patient-derived model of lorlatinib-resistant ALK-positive non-small cell lung cancer (NSCLC) with the treatment-emergent G1202R/T1151M compound resistance mutation. NVL-655 has previously demonstrated differentiation through broad preclinical activity across diverse ALK oncoproteins, resistance mutations, and tumor types while maintaining strong selectivity for ALK over TRKB. Nuvalent recently announced the first patient has been dosed with NVL-655 in the ALKOVE-1 Phase 1/2 study for patients with advanced ALK-positive NSCLC and other solid tumors.
A "Trial in Progress" poster will also be presented with background and study design for the ongoing ARROS-1 Phase 1/2 study of NVL-520 for patients with advanced ROS1-positive NSCLC and other solid tumors. The multicenter, open-label, dose-escalation and expansion trial is currently evaluating NVL-520 as an oral monotherapy in the Phase 1 portion of the study. Nuvalent plans to share preliminary dose-escalation data from ARROS-1 in the second half of 2022.
Details for the E-poster presentations are as follows:
Title: Preclinical Activity of NVL-655 in a Patient-Derived NSCLC Model with Lorlatinib-Resistant ALK G1202R/T1151M Mutation
Authors: H. Mizuta1, L. Bigot1, A. Tangpeerachaikul2, H.E. Pelish2, L. Friboulet1
Abstract Number: EP08.02-020
Session Category: Metastatic Non-small Cell Lung Cancer
Session Title: Molecular Targeted Treatments
Session Date and Time: August 7, 2022, 9:45am – 6:00pm CEST
1Gustave-Roussy, Villejuif, France; 2Nuvalent, Inc., Cambridge, MA, USA
Title: NVL-520, a Highly Selective ROS1 Inhibitor, in Patients with Advanced ROS1-Positive Solid Tumors: The Phase 1/2 ARROS-1 Study
Authors: A. Drilon1, S-H.I. Ou2, S. Gadgeel3, M. Johnson4, A. Spira5, G. Lopes6, B. Besse7, E. Felip8, A.J. van der Wekken9, A. Calles10, M.J. de Miguel11, D.R. Camidge12, Y. Elamin13, S. Liu14, J. Bauman15, D. Haggstrom16, G. Riley17, H.E. Pelish17, V.W. Zhu17, J.J. Lin18
Abstract Number: EP08.02-041
Session Category: Metastatic Non-small Cell Lung Cancer
Session Title: Molecular Targeted Treatments
Session Date and Time: August 7, 2022, 9:45am – 6:00pm CEST
1Memorial Sloan Kettering Cancer Center, New York/NY/USA ,2University Of California Irvine Medical Center, Orange/CA/USA ,3Henry Ford Cancer Institute, Detroit/MI/USA ,4Sarah Cannon Research Institute, Nashville/TN/USA,5NEXT Oncology - Virginia Cancer Specialists, Fairfax/VA/USA ,6Sylvester Comprehensive Cancer Center at the University of Miami and the Miller School of Medicine, Miami/FL/USA ,7Institut Gustave Roussy, Villejuif Cedex/FR,8Hospital Vall d'Hebron, Barcelona/ES ,9University of Groningen, University Medical Centre Groningen,Groningen/NL ,10Hospital Universitario Gregorio Marañón, Madrid/ES,11 START Madrid-HM CIOCC, Madrid/ES,12University of Colorado Cancer Center, Anschutz Medical Campus, Aurora/CO/USA ,13MD Anderson Cancer Center, Houston/TX/USA ,14Georgetown University, Washington/DC/USA ,15Fox Chase Cancer Center, Philadelphia/PA/USA,16Levine Cancer Institute, Atrium Health, Charlotte/NC/USA ,17Nuvalent, Inc., Cambridge/MA/USA ,18Massachusetts General Hospital, Boston/MA/USA
About NVL-655
NVL-655 is a novel brain-penetrant ALK-selective inhibitor created to overcome limitations observed with currently available ALK inhibitors. NVL-655 is designed to remain active in tumors that have developed resistance to first-, second-, and third-generation ALK inhibitors, including tumors with the solvent front G1202R mutation or compound mutations G1202R / L1196M ("GRLM"), G1202R / G1269A ("GRGA"), or G1202R/L1198F ("GRLF"). NVL-655 has been optimized for CNS penetrance to improve treatment options for patients with brain metastases. NVL-655 has been observed in preclinical studies to selectively inhibit wild-type ALK and its resistance variants over the structurally related tropomyosin receptor kinase (TRK) family to potentially avoid TRK-related CNS adverse events seen with dual TRK/ALK inhibitors and drive more durable responses for patients. NVL-655 is currently being investigated in the ALKOVE-1 study (NCT05384626), a first-in-human Phase 1/2 clinical trial for patients with advanced ALK-positive non-small cell lung cancer (NSCLC) and other solid tumors.
About NVL-520
NVL-520 is a novel brain-penetrant ROS1-selective inhibitor designed to remain active in tumors that have developed resistance to currently available ROS1 inhibitors, including tumors with the prevalent G2032R resistance mutation and those with the S1986Y/F, L2026M, or D2033N resistance mutations. NVL-520 has been optimized for brain penetrance to potentially improve treatment options for patients with brain metastases. NVL-520 has been observed in preclinical studies to selectively inhibit wild-type ROS1 and its resistance variants over the structurally related tropomyosin receptor kinase (TRK) family to potentially avoid TRK-related CNS adverse events seen with dual TRK/ROS1 inhibitors and drive more durable responses for patients. NVL-520 is currently being investigated in the ARROS-1 study (NCT05118789), a first-in-human Phase 1/2 clinical trial for patients with advanced non-small cell lung cancer (NSCLC) and other solid tumors.
About Nuvalent
Nuvalent, Inc. (Nasdaq: NUVL) is a clinical-stage biopharmaceutical company focused on creating precisely targeted therapies for patients with cancer, designed to overcome the limitations of existing therapies for clinically proven kinase targets. Leveraging deep expertise in chemistry and structure-based drug design, we develop innovative small molecules that have the potential to overcome resistance, minimize adverse events, address brain metastases, and drive more durable responses. Nuvalent is advancing a robust pipeline with parallel lead programs in ROS1-positive and ALK-positive non-small cell lung cancer (NSCLC), along with multiple discovery-stage research programs. We routinely post information that may be important to investors on our website at www.nuvalent.com. Follow us on Twitter (@nuvalent) and LinkedIn.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, including, without limitation, implied and express statements regarding Nuvalent's strategy, business plans, and focus; the clinical development programs for NVL-520 and NVL-655 and the timing thereof; the potential clinical effect of NVL-520 and NVL-655; the design and enrollment of the ARROS-1 and ALKOVE-1 studies and the timing thereof; the potential of Nuvalent's pipeline programs, including NVL-520 and NVL-655; Nuvalent's research and development programs for the treatment of cancer; risks and uncertainties associated with drug development; and capital allocation. The words "may," "might," "will," "could," "would," "should," "expect," "plan," "anticipate," "aim," "goal," "intend," "believe," "expect," "estimate," "seek," "predict," "future," "project," "potential," "continue," "target" or the negative of these terms and similar words or expressions are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Drug development and commercialization involve a high degree of risk, and only a small number of research and development programs result in commercialization of a product. You should not place undue reliance on these statements or the scientific data presented. Any forward-looking statements in this press release are based on management's current expectations and beliefs and are subject to a number of risks, uncertainties, and important factors that may cause actual events or results to differ materially from those expressed or implied by any forward-looking statements contained in this press release, including, without limitation: risks that Nuvalent may not fully enroll the ARROS-1 or ALKOVE-1 studies or that enrollment will take longer than expected; unexpected concerns that may arise from additional data, analysis, or results obtained during clinical trials; the occurrence of adverse safety events; risks of unexpected costs, delays, or other unexpected hurdles; risks that Nuvalent may not be able to nominate drug candidates from its HER2 Exon 20 and ALK IXDN programs; the direct or indirect impact of COVID-19 or other global geopolitical circumstances on the timing and anticipated timing and results of Nuvalent's clinical trials, strategy, and future operations, including the ARROS-1 and ALKOVE-1 studies; the timing and outcome of Nuvalent's planned interactions with regulatory authorities; and obtaining, maintaining, and protecting its intellectual property. These and other risks and uncertainties are described in greater detail in the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K for the year ended December 31, 2021, as well as any subsequent filings with the Securities and Exchange Commission. In addition, any forward-looking statements represent Nuvalent's views only as of today and should not be relied upon as representing its views as of any subsequent date. Nuvalent explicitly disclaims any obligation to update any forward-looking statements.
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SOURCE Nuvalent, Inc.
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https://www.wibw.com/prnewswire/2022/07/13/nuvalent-present-new-nvl-655-preclinical-data-arros-1-trial-progress-poster-nvl-520-iaslc-2022-world-conference-lung-cancer-annual-meeting/
| 2022-07-13T11:01:31Z
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Paris Township repair shop sustains extensive damage in blaze, no one injured
PARIS TWP. – Firefighters from six different departments were needed Wednesday to extinguish a blaze at a repair shop on state Route 183 across the street from Kiko Meats.
Firefighters from Washington Township first saw the smoke at 1565 Union Ave. SE shortly before 5:30 p.m. as they were headed to Minerva’s Homecoming parade. Google Maps shows that Kustom Lawn & Garden is located at the address, but fire officials were uncertain what type of repair business operated there.
Capt. Mike Hutson of the Sandy Creek Joint Fire District said firefighters had the blaze extinguished in roughly an hour. The fire and smoke caused extensive damage to the top floor of the 1 1/2 -story building. The first floor also sustained water damage. Hutson said the cause of the fire remains under investigation.
No injuries were reported and it’s believed that no one was in the building when the blaze began, Hutson said.
Route 183 was closed to traffic for roughly a half-hour.
Besides Sandy Creek and Washington Township, departments from North Georgetown, Augusta Township, Homeworth and Osnaburg Township also responded.
Reach Kelli at 330-580-8339 or kelli.weir@cantonrep.com.
On Twitter: @kweirREP
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https://www.cantonrep.com/story/news/2022/06/15/fire-erupts-paris-township-repair-shop-six-departments-respond/7642382001/
| 2022-06-16T02:14:15Z
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Lubbock–area surgery center becomes the first in the region to perform robot-assisted general surgery using the da Vinci X surgical robot
LUBBOCK, Texas, June 29, 2022 /PRNewswire/ -- Robot-assisted general surgery is now an option for hundreds of thousands of patients living in the High Plains region of Texas who need a high-quality, cost-effective, nationally accredited center that meets the highest standards for patient care.
SWAT Surgical Associates announced today the successful completion of the area's first robot-assisted general surgery procedure at an independent free-standing ambulatory surgery center (ASC) using the da Vinci® X™ surgical robot from Intuitive Surgical.
Having performed thousands of robot-assisted procedures at Covenant Medical Center and area hospitals, SWAT Surgical Associates welcomed the opportunity to extend this technology to a completely new environment.
"ASCs have proven time and again to be a safe, convenient, and cost-effective option for appropriate patients, and we are proud to be the first center in the region to give patients this choice," stated Dr. Caleb Sallee, who performed yesterday's case.
"The da Vinci® X™ surgical system was selected to allows us to offer innovative technology at a price point accessible to more patients than ever before," added CHPSC Administrator Alfonso del Granado. "This program reaffirms our commitment to providing the highest quality care in West Texas."
The sentiment was echoed by Clinical Director Chastity Velasquez, who led the implementation team: "Our staff worked really hard to bring this program to fruition, but they are used to that. We love our patients and always strive to give the very best care in Lubbock!"
CHPSC is accredited by the Accreditation Association for Ambulatory Health Care and ranked in the top 5% of Newsweek's America's Best Ambulatory Surgery Centers. With 14 operating and procedure rooms and more than a hundred physicians on staff, CHPSC offers the latest in bariatrics, dermatology, ENT, general surgery, GI, gynecology, neurosurgery, ophthalmology, orthopedics, pain, plastics, podiatry, and urology to patients from Texas, New Mexico, and Oklahoma. For more information, visit www.CHPSurgery.com.
SWAT is dedicated to transforming the surgical experience for everyday people. By removing the stress and complexity, their team of physicians strives to provide state-of-the-art medical care at an affordable rate. More information is available at www.SWATsurgical.com.
Since 1995, Intuitive has advanced minimally invasive care through advanced robotic systems, end-to-end learning, and value-added services. As one of the pioneers of robotic-assisted surgery, their da Vinci surgical system is used today by surgeons to deliver a less invasive approach to many types of surgery. For more, visit www.Intuitive.com.
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SOURCE Covenant High Plains Surgery Center
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https://www.kxii.com/prnewswire/2022/06/29/first-robotic-general-surgery-procedure-performed-covenant-high-plains-surgery-center/
| 2022-06-29T12:20:17Z
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